0001752724-24-122411.txt : 20240528 0001752724-24-122411.hdr.sgml : 20240528 20240528134634 ACCESSION NUMBER: 0001752724-24-122411 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240528 DATE AS OF CHANGE: 20240528 PERIOD START: 20241231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLLEGE RETIREMENT EQUITIES FUND CENTRAL INDEX KEY: 0000777535 ORGANIZATION NAME: 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: 24990043 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 S000005083 Equity Index Account C000154482 Class R1 QCEQRX C000154483 Class R2 QCEQPX C000154484 Class R3 QCEQIX C000234674 Class R4 QCEQFX NPORT-P 1 primary_doc.xml NPORT-P false 0000777535 XXXXXXXX S000005083 C000234674 C000154482 C000154483 C000154484 College Retirement Equities Fund 811-04415 0000777535 549300W86TWR1A52Z652 730 Third Avenue New York 10017 212-490-9000 College Retirement Equities Fund - Equity Index Account S000005083 549300C21KARE2FQT753 2024-12-31 2024-03-31 N 24439495429.00 95270965.00 24344224464.00 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 UST WD-40 Co 549300UZHTN0CNKBOB19 WD-40 Co 929236107 7178.00000000 NS USD 1818259.18000000 0.007468955039 Long EC CORP US N 1 N N Hubbell Inc 54930088VDQ6840Y6597 Hubbell, Inc 443510607 25443.00000000 NS USD 10560117.15000000 0.043378326410 Long EC CORP US N 1 N N N Harmonic Inc 549300LRGRD8XC9BTL66 Harmonic, Inc 413160102 58321.00000000 NS USD 783834.24000000 0.003219795484 Long EC CORP US N 1 N N N BrightView Holdings Inc 549300F8QN8YHVI7L866 BrightView Holdings, Inc 10948C107 16522.00000000 NS USD 196611.80000000 0.000807632218 Long EC CORP US N 1 N N N Ventas Inc ORQTRC074CWLT3DKHT41 Ventas, Inc 92276F100 190663.00000000 NS USD 8301467.02000000 0.034100355229 Long EC CORP US N 1 N N N Compass Therapeutics Inc N/A Compass Therapeutics, Inc 20454B104 45293.00000000 NS USD 89680.14000000 0.000368383639 Long EC CORP US N 1 N N News Corp 549300ITS31QK8VRBQ14 News Corp (Class B) 65249B208 66535.00000000 NS USD 1800437.10000000 0.007395746381 Long EC CORP US N 1 N N N Boston Properties Inc 549300OF70FSEUQBT254 Boston Properties, Inc 101121101 81787.00000000 NS USD 5341508.97000000 0.021941586095 Long EC CORP US N 1 N N N Fox Corp 549300DDU6FDRBIELS05 Fox Corp (Class A) 35137L105 114163.00000000 NS USD 3569877.01000000 0.014664164041 Long EC CORP US N 1 N N N Rimini Street Inc 54930042ITIRGVM4HY55 Rimini Street, Inc 76674Q107 24959.00000000 NS USD 81366.34000000 0.000334232623 Long EC CORP US N 1 N N N CNB Financial Corp/PA 254900RUYUOKD91VNX69 CNB Financial Corp 126128107 9772.00000000 NS USD 199251.08000000 0.000818473721 Long EC CORP US N 1 N N N Napco Security Technologies Inc 529900KV21J4YY9YST76 Napco Security Technologies, Inc 630402105 15874.00000000 NS USD 637499.84000000 0.002618690280 Long EC CORP US N 1 N N N Macatawa Bank Corp N/A Macatawa Bank Corp 554225102 19210.00000000 NS USD 188065.90000000 0.000772527793 Long EC CORP US N 1 N N N Fidelity National Information Services Inc 6WQI0GK1PRFVBA061U48 Fidelity National Information Services, Inc 31620M106 283563.00000000 NS USD 21034703.34000000 0.086405312977 Long EC CORP US N 1 N N N Waldencast plc N/A Waldencast plc G9503X103 10102.00000000 NS USD 65663.00000000 0.000269727220 Long EC CORP US N 1 N N Casella Waste Systems Inc 8EU0XUFVJ48U37IIDH51 Casella Waste Systems, Inc (Class A) 147448104 26846.00000000 NS USD 2654264.02000000 0.010903054331 Long EC CORP US N 1 N N N Ocwen Financial Corp 549300DDD1YQ8EIAT278 Ocwen Financial Corp 675746606 3281.00000000 NS USD 88619.81000000 0.000364028068 Long EC CORP US N 1 N N Model N Inc 549300WCIL3W0EYSBN94 Model N, Inc 607525102 14483.00000000 NS USD 412331.01000000 0.001693752908 Long EC CORP US N 1 N N N Sunnova Energy International Inc 549300JK1Y1VVC3JU540 Sunnova Energy International, Inc 86745K104 46961.00000000 NS USD 287870.93000000 0.001182501954 Long EC CORP US N 1 N N StoneX Group Inc 549300JUF07L8VF02M60 StoneX Group, Inc 861896108 17053.00000000 NS USD 1198143.78000000 0.004921675700 Long EC CORP US N 1 N N N Rayonier Advanced Materials Inc 54930053QJ7OUGZG4F72 Rayonier Advanced Materials, Inc 75508B104 31957.00000000 NS USD 152754.46000000 0.000627477208 Long EC CORP US N 1 N N N Conduent Inc 549300SFJ2D2CYY6CQ11 Conduent, Inc 206787103 91431.00000000 NS USD 309036.78000000 0.001269445984 Long EC CORP US N 1 N N N Medical Properties Trust Inc 254900U6E39J1MQCCY14 Medical Properties Trust, Inc 58463J304 283531.00000000 NS USD 1332595.70000000 0.005473970641 Long EC CORP US N 1 N N TPG Inc 549300NLO4R8MX77XJ02 TPG, Inc 872657101 31933.00000000 NS USD 1427405.10000000 0.005863424000 Long EC CORP US N 1 N N N Safety Insurance Group Inc 254900LDCFLA3J746840 Safety Insurance Group, Inc 78648T100 4020.00000000 NS USD 330403.80000000 0.001357216371 Long EC CORP US N 1 N N N Xponential Fitness Inc N/A Xponential Fitness, Inc 98422X101 8699.00000000 NS USD 143881.46000000 0.000591029137 Long EC CORP US N 1 N N Veracyte Inc 529900ESWZRHXOW27Z37 Veracyte, Inc 92337F107 36815.00000000 NS USD 815820.40000000 0.003351186648 Long EC CORP US N 1 N N N Ingersoll Rand Inc 5299004C02FMZCUOIR50 Ingersoll Rand, Inc 45687V106 192430.00000000 NS USD 18271228.50000000 0.075053647845 Long EC CORP US N 1 N N N Global Payments Inc 549300NOMHGVQBX6S778 Global Payments, Inc 37940X102 119965.00000000 NS USD 16034521.90000000 0.065865815210 Long EC CORP US N 1 N N N Photronics Inc 549300OK5JVNIBNY6F63 Photronics, Inc 719405102 29998.00000000 NS USD 849543.36000000 0.003489712154 Long EC CORP US N 1 N N N Maplebear Inc N/A Maplebear, Inc 565394103 10344.00000000 NS USD 385727.76000000 0.001584473395 Long EC CORP US N 1 N N N Ichor Holdings Ltd 529900PS8R2JVLJ2H892 Ichor Holdings Ltd G4740B105 15133.00000000 NS USD 584436.46000000 0.002400719155 Long EC CORP US N 1 N N N Royal Caribbean Cruises Ltd K2NEH8QNVW44JIWK7Z55 Royal Caribbean Cruises Ltd V7780T103 111282.00000000 NS USD 15469310.82000000 0.063544069119 Long EC CORP US N 1 N N N FirstCash Holdings Inc N/A FirstCash Holdings, Inc 33768G107 17545.00000000 NS USD 2237689.30000000 0.009191869321 Long EC CORP US N 1 N N N ContextLogic Inc 549300YZDCRQ367LIE74 ContextLogic, Inc 21077C305 9723.00000000 NS USD 55323.87000000 0.000227256654 Long EC CORP US N 1 N N Northwest Pipe Co 54930056VW2CRCZ9RE54 Northwest Pipe Co 667746101 6891.00000000 NS USD 238979.88000000 0.000981669719 Long EC CORP US N 1 N N N RenaissanceRe Holdings Ltd EK6GB9U3U58PDI411C94 RenaissanceRe Holdings Ltd G7496G103 24465.00000000 NS USD 5750008.95000000 0.023619602088 Long EC CORP US N 1 N N N Provident Financial Services Inc 529900JOSO3SXEDVE477 Provident Financial Services, Inc 74386T105 35868.00000000 NS USD 522596.76000000 0.002146697097 Long EC CORP US N 1 N N N QuantumScape Corp N/A QuantumScape Corp 74767V109 111576.00000000 NS USD 701813.04000000 0.002882872859 Long EC CORP US N 1 N N Petco Health & Wellness Co Inc 2549007TYGV6RVSE9M61 Petco Health & Wellness Co, Inc 71601V105 40988.00000000 NS USD 93452.64000000 0.000383880127 Long EC CORP US N 1 N N N Fabrinet 5493004TETZ6IYF7CV44 Fabrinet G3323L100 16219.00000000 NS USD 3065715.38000000 0.012593193858 Long EC CORP US N 1 N N N Community Trust Bancorp Inc N/A Community Trust Bancorp, Inc 204149108 16516.00000000 NS USD 704407.40000000 0.002893529843 Long EC CORP US N 1 N N N First of Long Island Corp/The N/A First of Long Island Corp 320734106 15462.00000000 NS USD 171473.58000000 0.000704370682 Long EC CORP US N 1 N N N Terawulf Inc N/A Terawulf, Inc 88080T104 71297.00000000 NS USD 187511.11000000 0.000770248854 Long EC CORP US N 1 N N Advanced Micro Devices Inc R2I72C950HOYXII45366 Advanced Micro Devices, Inc 007903107 763015.00000000 NS USD 137716577.35000000 0.565705338256 Long EC CORP US N 1 N N N StoneCo Ltd 549300O1A9LEF0XZCR35 StoneCo Ltd G85158106 120616.00000000 NS USD 2003431.76000000 0.008229597796 Long EC CORP US N 1 N N N Sutro Biopharma Inc 5493005U6P15VD25P851 Sutro Biopharma, Inc 869367102 15843.00000000 NS USD 89512.95000000 0.000367696864 Long EC CORP US N 1 N N N Investors Title Co N/A Investors Title Co 461804106 1119.00000000 NS USD 182609.61000000 0.000750114715 Long EC CORP US N 1 N N N ASGN Inc LZBNYYCBUKY537072438 ASGN, Inc 00191U102 27574.00000000 NS USD 2888652.24000000 0.011865862657 Long EC CORP US N 1 N N N PNC Financial Services Group Inc/The CFGNEKW0P8842LEUIA51 PNC Financial Services Group, Inc 693475105 194236.00000000 NS USD 31388537.60000000 0.128936280744 Long EC CORP US N 1 N N N Compass Diversified Holdings 5299001SM1LBYANJRR58 Compass Diversified Trust 20451Q104 31056.00000000 NS USD 747517.92000000 0.003070617103 Long EC CORP US N 1 N N N Expedia Group Inc CI7MUJI4USF3V0NJ1H64 Expedia Group, Inc 30212P303 66749.00000000 NS USD 9194674.75000000 0.037769429720 Long EC CORP US N 1 N N N Carrols Restaurant Group Inc 529900HZEMNWQSAKFJ98 Carrols Restaurant Group, Inc 14574X104 18666.00000000 NS USD 177513.66000000 0.000729181824 Long EC CORP US N 1 N N N Safe Bulkers Inc 549300V6ZM2HJJYQQO85 Safe Bulkers, Inc Y7388L103 33371.00000000 NS USD 165520.16000000 0.000679915518 Long EC CORP US N 1 N N DR Horton Inc 529900ZIUEYVSB8QDD25 DR Horton, Inc 23331A109 144818.00000000 NS USD 23829801.90000000 0.097886880460 Long EC CORP US N 1 N N N TrustCo Bank Corp NY N/A TrustCo Bank Corp NY 898349204 2656.00000000 NS USD 74792.96000000 0.000307230818 Long EC CORP US N 1 N N N Toast Inc 549300TN1PZNLCD4I551 Toast, Inc 888787108 176704.00000000 NS USD 4403463.68000000 0.018088330094 Long EC CORP US N 1 N N N Noodles & Co 5299003PCPK4UINV4362 Noodles & Co 65540B105 8091.00000000 NS USD 15453.81000000 0.000063480395 Long EC CORP US N 1 N N Cohu Inc 529900FJPORJ3JJ2XS33 Cohu, Inc 192576106 26675.00000000 NS USD 889077.75000000 0.003652109564 Long EC CORP US N 1 N N N Bloomin' Brands Inc E1UJ2GO305B5FXGV7N04 Bloomin' Brands, Inc 094235108 44145.00000000 NS USD 1266078.60000000 0.005200734991 Long EC CORP US N 1 N N N Molson Coors Beverage Co 54930073LBBH6ZCBE225 Molson Coors Brewing Co (Class B) 60871R209 79682.00000000 NS USD 5358614.50000000 0.022011851344 Long EC CORP US N 1 N N N Bentley Systems Inc 549300WVEHPGE0Z56F71 Bentley Systems, Inc 08265T208 95656.00000000 NS USD 4995156.32000000 0.020518855827 Long EC CORP US N 1 N N N DHI Group Inc 529900489RAC0CU0AO81 DHI Group, Inc 23331S100 22415.00000000 NS USD 57158.25000000 0.000234791829 Long EC CORP US N 1 N N N Carriage Services Inc N/A Carriage Services, Inc 143905107 11838.00000000 NS USD 320099.52000000 0.001314888960 Long EC CORP US N 1 N N N Baxter International Inc J5OIVXX3P24RJRW5CK77 Baxter International, Inc 071813109 234095.00000000 NS USD 10005220.30000000 0.041098948601 Long EC CORP US N 1 N N N Alight Inc 549300600ESCO1HTVN74 Alight, Inc 01626W101 174070.00000000 NS USD 1714589.50000000 0.007043105860 Long EC CORP US N 1 N N N IAC Inc 549300TO56L57RP6P031 IAC, Inc 44891N208 42355.00000000 NS USD 2259215.70000000 0.009280294401 Long EC CORP US N 1 N N N Whirlpool Corp WHENKOULSSK7WUM60H03 Whirlpool Corp 963320106 19639.00000000 NS USD 2349413.57000000 0.009650804746 Long EC CORP US N 1 N N N Bumble Inc N/A Bumble, Inc 12047B105 44223.00000000 NS USD 501931.05000000 0.002061807517 Long EC CORP US N 1 N N N Argan Inc 529900E4KZWBV9KGBS83 Argan, Inc 04010E109 10471.00000000 NS USD 529204.34000000 0.002173839387 Long EC CORP US N 1 N N N Inhibrx Inc 549300VBKG2LTV1TLY22 Inhibrx, Inc 45720L107 15231.00000000 NS USD 532475.76000000 0.002187277564 Long EC CORP US N 1 N N N Accuray Inc 549300G28LY4TZKZJG51 Accuray, Inc 004397105 46624.00000000 NS USD 115161.28000000 0.000473053804 Long EC CORP US N 1 N N Sarepta Therapeutics Inc 549300IKDPIED8J8IG21 Sarepta Therapeutics, Inc 803607100 41917.00000000 NS USD 5426574.82000000 0.022291015382 Long EC CORP US N 1 N N N Sprout Social Inc N/A Sprout Social, Inc 85209W109 24107.00000000 NS USD 1439428.97000000 0.005912815058 Long EC CORP US N 1 N N N Reliance Inc 549300E287ZOFT3C5Z56 Reliance Steel & Aluminum Co 759509102 25953.00000000 NS USD 8672973.54000000 0.035626411319 Long EC CORP US N 1 N N N 89bio Inc N/A 89bio, Inc 282559103 30587.00000000 NS USD 356032.68000000 0.001462493416 Long EC CORP US N 1 N N N Aflac Inc 549300N0B7DOGLXWPP39 Aflac, Inc 001055102 278016.00000000 NS USD 23870453.76000000 0.098053868157 Long EC CORP US N 1 N N N O'Reilly Automotive Inc 549300K2RLMQL149Q332 O'Reilly Automotive, Inc 67103H107 28419.00000000 NS USD 32081640.72000000 0.131783375426 Long EC CORP US N 1 N N N Moody's Corp 549300GCEDD8YCF5WU84 Moody's Corp 615369105 74081.00000000 NS USD 29116055.43000000 0.119601490994 Long EC CORP US N 1 N N N Borr Drilling Ltd 213800J2JPCTXLHQ5R78 Borr Drilling Ltd G1466R173 88444.00000000 NS USD 605841.40000000 0.002488645308 Long EC CORP US N 1 N N Benchmark Electronics Inc 549300W18RHYZOZKOP53 Benchmark Electronics, Inc 08160H101 19531.00000000 NS USD 586125.31000000 0.002407656530 Long EC CORP US N 1 N N N Summit Materials Inc 549300XNOLX5GIOSO108 Summit Materials, Inc 86614U100 65111.00000000 NS USD 2901997.27000000 0.011920680711 Long EC CORP US N 1 N N N Proto Labs Inc 529900QHG5MGWT2WQQ09 Proto Labs, Inc 743713109 15505.00000000 NS USD 554303.75000000 0.002276941501 Long EC CORP US N 1 N N N Procore Technologies Inc 5493005PTWY0RHYRAH22 Procore Technologies, Inc 74275K108 39107.00000000 NS USD 3213422.19000000 0.013199936579 Long EC CORP US N 1 N N N Ginkgo Bioworks Holdings Inc N/A Ginkgo Bioworks Holdings, Inc 37611X100 768616.00000000 NS USD 891594.56000000 0.003662447991 Long EC CORP US N 1 N N Perdoceo Education Corp 529900X5PCA184O9LY90 Perdoceo Education Corp 71363P106 46334.00000000 NS USD 813625.04000000 0.003342168657 Long EC CORP US N 1 N N N Montauk Renewables Inc N/A Montauk Renewables, Inc 61218C103 33009.00000000 NS USD 137317.44000000 0.000564065781 Long EC CORP US N 1 N N N Prudential Financial Inc 5PRBRS5FEH7NREC8OR45 Prudential Financial, Inc 744320102 173536.00000000 NS USD 20373126.40000000 0.083687719976 Long EC CORP US N 1 N N N Hudson Pacific Properties Inc N/A Hudson Pacific Properties, Inc 444097109 80595.00000000 NS USD 519837.75000000 0.002135363772 Long EC CORP US N 1 N N N Dow Inc 5493003S21INSLK2IP73 Dow, Inc 260557103 339626.00000000 NS USD 19674534.18000000 0.080818077442 Long EC CORP US N 1 N N N CareTrust REIT Inc 5493001NVXE2B9GPLU96 CareTrust REIT, Inc 14174T107 50740.00000000 NS USD 1236533.80000000 0.005079372324 Long EC CORP US N 1 N N N M&T Bank Corp 549300WYXDDBYRASEG81 M&T Bank Corp 55261F104 77098.00000000 NS USD 11213133.12000000 0.046060753081 Long EC CORP US N 1 N N N UMB Financial Corp 549300MGEH3N3CUCV828 UMB Financial Corp 902788108 23900.00000000 NS USD 2079061.00000000 0.008540263843 Long EC CORP US N 1 N N N First Commonwealth Financial Corp 549300ZHLQ42NXDETL24 First Commonwealth Financial Corp 319829107 52091.00000000 NS USD 725106.72000000 0.002978557485 Long EC CORP US N 1 N N N Capital City Bank Group Inc 254900NVLVUJQZKTQE82 Capital City Bank Group, Inc 139674105 9158.00000000 NS USD 253676.60000000 0.001042040178 Long EC CORP US N 1 N N N Quanterix Corp N/A Quanterix Corp 74766Q101 16838.00000000 NS USD 396703.28000000 0.001629558093 Long EC CORP US N 1 N N N Regal Rexnord Corp QH78R09VCJGQKPBPYU33 Regal-Beloit Corp 758750103 32418.00000000 NS USD 5838481.80000000 0.023983026481 Long EC CORP US N 1 N N N Chemours Co/The 549300M1BOLNXL8DOV14 Chemours Co 163851108 59993.00000000 NS USD 1575416.18000000 0.006471416587 Long EC CORP US N 1 N N N Monro Inc N/A Monro Muffler, Inc 610236101 18107.00000000 NS USD 571094.78000000 0.002345914863 Long EC CORP US N 1 N N N Appian Corp 529900NIARIFW7HGU386 Appian Corp 03782L101 20140.00000000 NS USD 804593.00000000 0.003305067290 Long EC CORP US N 1 N N N Clean Harbors Inc 5493000SJVZVZJKHJF48 Clean Harbors, Inc 184496107 23755.00000000 NS USD 4782119.05000000 0.019643751876 Long EC CORP US N 1 N N N XP Inc 5493008KDA8NBZRJST80 XP, Inc G98239109 165480.00000000 NS USD 4246216.80000000 0.017442399145 Long EC CORP US N 1 N N N Southern Co/The 549300FC3G3YU2FBZD92 Southern Co 842587107 518807.00000000 NS USD 37219214.18000000 0.152887245330 Long EC CORP US N 1 N N N REGENXBIO Inc 549300EOES47LATSET33 REGENXBIO, Inc 75901B107 19715.00000000 NS USD 415395.05000000 0.001706339220 Long EC CORP US N 1 N N N Liberty Media Corp-Liberty Formula One N/A Liberty Media Corp-Liberty Formula One (Class A) 531229771 6884.00000000 NS USD 404366.16000000 0.001661035292 Long EC CORP US N 1 N N N Boston Omaha Corp 54930002FEWTYF4YFF19 Boston Omaha Corp 101044105 7354.00000000 NS USD 113692.84000000 0.000467021819 Long EC CORP US N 1 N N N Polaris Inc 549300QJSN8UVWN1EI78 Polaris Industries, Inc 731068102 24590.00000000 NS USD 2461950.80000000 0.010113079608 Long EC CORP US N 1 N N N Domino's Pizza Inc 25490005ZWM1IF9UXU57 Domino's Pizza, Inc 25754A201 17125.00000000 NS USD 8509070.00000000 0.034953136472 Long EC CORP US N 1 N N N Magnolia Oil & Gas Corp N/A Magnolia Oil & Gas Corp 559663109 85538.00000000 NS USD 2219711.10000000 0.009118019361 Long EC CORP US N 1 N N Enerpac Tool Group Corp IZW37BPZKUJE1QXGB081 Enerpac Tool Group Corp 292765104 32971.00000000 NS USD 1175745.86000000 0.004829670633 Long EC CORP US N 1 N N N TopBuild Corp 5493007YSKHOL4RWII46 TopBuild Corp 89055F103 15774.00000000 NS USD 6952075.02000000 0.028557389578 Long EC CORP US N 1 N N N Repay Holdings Corp N/A Repay Holdings Corp 76029L100 42004.00000000 NS USD 462044.00000000 0.001897961467 Long EC CORP US N 1 N N N Seacoast Banking Corp of Florida 549300V6IC06XYQYPG88 Seacoast Banking Corp of Florida 811707801 34531.00000000 NS USD 876742.09000000 0.003601437750 Long EC CORP US N 1 N N N Business First Bancshares Inc 549300ILTC50KHDX4A08 Business First Bancshares, Inc 12326C105 6436.00000000 NS USD 143394.08000000 0.000589027102 Long EC CORP US N 1 N N N Clarus Corp 549300PKSLI6PT0ULL72 Clarus Corp 18270P109 14289.00000000 NS USD 96450.75000000 0.000396195615 Long EC CORP US N 1 N N N Payoneer Global Inc N/A Payoneer Global, Inc 70451X104 110964.00000000 NS USD 539285.04000000 0.002215248387 Long EC CORP US N 1 N N N Werner Enterprises Inc 549300P6XRGOCHHJST37 Werner Enterprises, Inc 950755108 36247.00000000 NS USD 1417982.64000000 0.005824718885 Long EC CORP US N 1 N N N Biohaven Ltd N/A Biohaven Ltd G1110E107 34983.00000000 NS USD 1913220.27000000 0.007859031503 Long EC CORP US N 1 N N N Ardmore Shipping Corp 549300J8HD7K6BHD8O28 Ardmore Shipping Corp Y0207T100 17877.00000000 NS USD 293540.34000000 0.001205790475 Long EC CORP US N 1 N N N Vivid Seats Inc N/A Vivid Seats, Inc 92854T100 12686.00000000 NS USD 75989.14000000 0.000312144427 Long EC CORP US N 1 N N Viking Therapeutics Inc 529900IVC72YPFA25M37 Viking Therapeutics, Inc 92686J106 47438.00000000 NS USD 3889916.00000000 0.015978804359 Long EC CORP US N 1 N N N Interface Inc 549300VXZWQOIDFPU355 Interface, Inc 458665304 44581.00000000 NS USD 749852.42000000 0.003080206646 Long EC CORP US N 1 N N N Cadence Bank Q7C315HKI8VX0SSKBS64 Cadence Bank 12740C103 107871.00000000 NS USD 3128259.00000000 0.012850107443 Long EC CORP US N 1 N N N Haverty Furniture Cos Inc 529900CVFMMIRXZVPD70 Haverty Furniture Cos, Inc 419596101 9098.00000000 NS USD 310423.76000000 0.001275143352 Long EC CORP US N 1 N N N Sotera Health Co N/A Sotera Health Co 83601L102 43033.00000000 NS USD 516826.33000000 0.002122993610 Long EC CORP US N 1 N N N Amylyx Pharmaceuticals Inc N/A Amylyx Pharmaceuticals, Inc 03237H101 25689.00000000 NS USD 72956.76000000 0.000299688166 Long EC CORP US N 1 N N Brink's Co/The XFP140TFNOQMIVFTVQ13 Brink's Co 109696104 18487.00000000 NS USD 1707829.06000000 0.007015335660 Long EC CORP US N 1 N N N Tredegar Corp 54930003228ERHCH6K87 Tredegar Corp 894650100 19671.00000000 NS USD 128254.92000000 0.000526839210 Long EC CORP US N 1 N N N Travere Therapeutics Inc N/A Travere Therapeutics, Inc 89422G107 25726.00000000 NS USD 198347.46000000 0.000814761876 Long EC CORP US N 1 N N Powell Industries Inc 549300V08RO7MX2UBN26 Powell Industries, Inc 739128106 2948.00000000 NS USD 419500.40000000 0.001723202974 Long EC CORP US N 1 N N N SunCoke Energy Inc 1KF1J2NXQE2PI0QOB943 SunCoke Energy, Inc 86722A103 48451.00000000 NS USD 546042.77000000 0.002243007456 Long EC CORP US N 1 N N N Signet Jewelers Ltd 549300N3XPGE91WV7M22 Signet Jewelers Ltd G81276100 20162.00000000 NS USD 2017611.34000000 0.008287843972 Long EC CORP US N 1 N N N Independence Realty Trust Inc 549300Z3L8NU44NQEB29 Independence Realty Trust, Inc 45378A106 115925.00000000 NS USD 1869870.25000000 0.007680960437 Long EC CORP US N 1 N N N Red Rock Resorts Inc N/A Red Rock Resorts, Inc 75700L108 26499.00000000 NS USD 1585170.18000000 0.006511483585 Long EC CORP US N 1 N N N First Solar Inc 549300NPYMLM4NHTOF27 First Solar, Inc 336433107 51096.00000000 NS USD 8625004.80000000 0.035429367703 Long EC CORP US N 1 N N N Dycom Industries Inc 549300F56EKTHQI3WT60 Dycom Industries, Inc 267475101 11046.00000000 NS USD 1585432.38000000 0.006512560637 Long EC CORP US N 1 N N N Couchbase Inc 5493004VX52ODFMQLF07 Couchbase, Inc 22207T101 13583.00000000 NS USD 357368.73000000 0.001467981576 Long EC CORP US N 1 N N N Malibu Boats Inc N/A Malibu Boats, Inc 56117J100 13092.00000000 NS USD 566621.76000000 0.002327540812 Long EC CORP US N 1 N N N TreeHouse Foods Inc 5493007M7EVHE470Q576 TreeHouse Foods, Inc 89469A104 29630.00000000 NS USD 1154088.50000000 0.004740707602 Long EC CORP US N 1 N N N Vail Resorts Inc 529900PSZHRNU9HKH870 Vail Resorts, Inc 91879Q109 17157.00000000 NS USD 3823094.31000000 0.015704317529 Long EC CORP US N 1 N N N Joby Aviation Inc N/A Joby Aviation, Inc G65163100 128773.00000000 NS USD 690223.28000000 0.002835265017 Long EC CORP US N 1 N N NVR Inc 529900RWXR4JI3JYTV70 NVR, Inc 62944T105 1342.00000000 NS USD 10870146.32000000 0.044651848885 Long EC CORP US N 1 N N N BGC Group Inc N/A BGC Group, Inc 088929104 166153.00000000 NS USD 1291008.81000000 0.005303142073 Long EC CORP US N 1 N N N Denny's Corp 54930037V56XOULXM917 Denny's Corp 24869P104 41277.00000000 NS USD 369841.92000000 0.001519218328 Long EC CORP US N 1 N N N Blackstone Mortgage Trust Inc 549300OLDJ20R2Y2UW20 Blackstone Mortgage Trust, Inc 09257W100 87301.00000000 NS USD 1738162.91000000 0.007139939547 Long EC CORP US N 1 N N Vista Outdoor Inc 549300QI2D33ESTJLN81 Vista Outdoor, Inc 928377100 28750.00000000 NS USD 942425.00000000 0.003871246756 Long EC CORP US N 1 N N N Expro Group Holdings NV 724500LJYA8QIT73H017 Expro Group Holdings NV N3144W105 39745.00000000 NS USD 793707.65000000 0.003260352989 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 Comcast Corp (Class A) 20030N101 1887403.00000000 NS USD 81818920.05000000 0.336091709025 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 JPMorgan Chase & Co 46625H100 1373502.00000000 NS USD 275112450.60000000 1.130093304088 Long EC CORP US N 1 N N N American Water Works Co Inc 549300DXHIJQMD5WFW18 American Water Works Co, Inc 030420103 97164.00000000 NS USD 11874412.44000000 0.048777123533 Long EC CORP US N 1 N N N REX American Resources Corp N/A Rex American Resources Corp 761624105 12558.00000000 NS USD 737280.18000000 0.003028563021 Long EC CORP US N 1 N N N Celanese Corp 549300FHJQTDPPN41627 Celanese Corp (Series A) 150870103 47153.00000000 NS USD 8103714.58000000 0.033288037546 Long EC CORP US N 1 N N N Ultra Clean Holdings Inc 5493007L6LS7QX18PE75 Ultra Clean Holdings 90385V107 23500.00000000 NS USD 1079590.00000000 0.004434686352 Long EC CORP US N 1 N N Douglas Dynamics Inc 529900CDFLKNQ0QT6580 Douglas Dynamics, Inc 25960R105 16771.00000000 NS USD 404516.52000000 0.001661652933 Long EC CORP US N 1 N N N CommVault Systems Inc 65T5VRP62VXG39YFML83 Commvault Systems, Inc 204166102 20876.00000000 NS USD 2117452.68000000 0.008697967286 Long EC CORP US N 1 N N N Vistra Corp 549300KP43CPCUJOOG15 Vistra Corp 92840M102 170465.00000000 NS USD 11872887.25000000 0.048770858433 Long EC CORP US N 1 N N N Grand Canyon Education Inc 529900XFER799IYOSW74 Grand Canyon Education, Inc 38526M106 12080.00000000 NS USD 1645416.80000000 0.006758961668 Long EC CORP US N 1 N N N Innospec Inc 213800SQBACNY5IWJO68 Innospec, Inc 45768S105 11273.00000000 NS USD 1453540.62000000 0.005970782195 Long EC CORP US N 1 N N N Peoples Bancorp Inc/OH N/A Peoples Bancorp, Inc 709789101 4697.00000000 NS USD 139078.17000000 0.000571298421 Long EC CORP US N 1 N N N Safehold Inc QFFLKWYYS3UPWD86E794 Safehold, Inc 78646V107 16656.00000000 NS USD 343113.60000000 0.001409425058 Long EC CORP US N 1 N N N P10 Inc N/A P10, Inc 69376K106 21454.00000000 NS USD 180642.68000000 0.000742035057 Long EC CORP US N 1 N N N ChargePoint Holdings Inc 254900DVN9TAC2GIPG25 ChargePoint Holdings, Inc 15961R105 120169.00000000 NS USD 228321.10000000 0.000937886110 Long EC CORP US N 1 N N Metropolitan Bank Holding Corp N/A Metropolitan Bank Holding Corp 591774104 4420.00000000 NS USD 170170.00000000 0.000699015901 Long EC CORP US N 1 N N QUALCOMM Inc H1J8DDZKZP6H7RWC0H53 QUALCOMM, Inc 747525103 531781.00000000 NS USD 90030523.30000000 0.369822926309 Long EC CORP US N 1 N N N Adobe Inc FU4LY2G4933NH2E1CP29 Adobe, Inc 00724F101 214803.00000000 NS USD 108389593.80000000 0.445237407173 Long EC CORP US N 1 N N N Healthpeak Properties Inc 254900M6MTMZM0I22L81 Healthpeak Properties, Inc 42250P103 352355.00000000 NS USD 6606656.25000000 0.027138495456 Long EC CORP US N 1 N N N Under Armour Inc 549300D4549QKWETZ406 Under Armour, Inc (Class A) 904311107 84878.00000000 NS USD 626399.64000000 0.002573093428 Long EC CORP US N 1 N N N Liberty Media Corp-Liberty SiriusXM N/A Liberty Media Corp-Liberty SiriusXM 531229789 72983.00000000 NS USD 2168324.93000000 0.008906937796 Long EC CORP US N 1 N N N Allogene Therapeutics Inc N/A Allogene Therapeutics, Inc 019770106 28864.00000000 NS USD 129022.08000000 0.000529990512 Long EC CORP US N 1 N N N Traeger Inc N/A Traeger, Inc 89269P103 12158.00000000 NS USD 30759.74000000 0.000126353337 Long EC CORP US N 1 N N N Dillard's Inc 529900FGYKMWL6019P91 Dillard's, Inc (Class A) 254067101 1003.00000000 NS USD 473054.92000000 0.001943191579 Long EC CORP US N 1 N N SoundHound AI Inc N/A SoundHound AI, Inc 836100107 69720.00000000 NS USD 410650.80000000 0.001686851025 Long EC CORP US N 1 N N BlackRock Inc 549300LRIF3NWCU26A80 BlackRock, Inc 09247X101 70619.00000000 NS USD 58875060.30000000 0.241844057867 Long EC CORP US N 1 N N N Archer Aviation Inc N/A Archer Aviation, Inc 03945R102 63826.00000000 NS USD 294876.12000000 0.001211277526 Long EC CORP US N 1 N N Travel + Leisure Co T4VNTWMFQ7JQB65L7T35 Travel & Leisure Co 894164102 29960.00000000 NS USD 1466841.60000000 0.006025419302 Long EC CORP US N 1 N N N Molina Healthcare Inc 549300NQQCEQ46YHZ591 Molina Healthcare, Inc 60855R100 28118.00000000 NS USD 11551717.94000000 0.047451575042 Long EC CORP US N 1 N N N MidWestOne Financial Group Inc N/A MidWestOne Financial Group, Inc 598511103 7821.00000000 NS USD 183324.24000000 0.000753050236 Long EC CORP US N 1 N N N Mural Oncology PLC N/A Mural Oncology PLC G63365103 8753.00000000 NS USD 42802.17000000 0.000175820634 Long EC CORP US N 1 N N N Kaiser Aluminum Corp N/A Kaiser Aluminum Corp 483007704 8625.00000000 NS USD 770730.00000000 0.003165966536 Long EC CORP US N 1 N N N Discover Financial Services Z1YLO2USPORE63VVUL20 Discover Financial Services 254709108 120676.00000000 NS USD 15819416.84000000 0.064982217295 Long EC CORP US N 1 N N N Six Flags Entertainment Corp 549300JYTDUAA4JQ3717 Six Flags Entertainment Corp 83001A102 42367.00000000 NS USD 1115099.44000000 0.004580550272 Long EC CORP US N 1 N N N Axalta Coating Systems Ltd 529900AGLPA40GV6H619 Axalta Coating Systems Ltd G0750C108 92244.00000000 NS USD 3172271.16000000 0.013030898415 Long EC CORP US N 1 N N N J M Smucker Co/The 5493000WDH6A0LHDJD55 J.M. Smucker Co 832696405 47942.00000000 NS USD 6034459.54000000 0.024788054139 Long EC CORP US N 1 N N N Ollie's Bargain Outlet Holdings Inc 529900YO5DSQCPEFDZ05 Ollie's Bargain Outlet Holdings, Inc 681116109 27556.00000000 NS USD 2192630.92000000 0.009006780738 Long EC CORP US N 1 N N N Sprinklr Inc 254900AR04RJ2BQO5S78 Sprinklr, Inc 85208T107 42968.00000000 NS USD 527217.36000000 0.002165677369 Long EC CORP US N 1 N N N Johnson Controls International plc 549300XQ6S1GYKGBL205 Johnson Controls International plc G51502105 318910.00000000 NS USD 20831201.20000000 0.085569376961 Long EC CORP US N 1 N N N V2X Inc N/A V2X, Inc 92242T101 7860.00000000 NS USD 367140.60000000 0.001508121979 Long EC CORP US N 1 N N N Textron Inc 3PPKBHUG1HD6BO7RNR87 Textron, Inc 883203101 87191.00000000 NS USD 8364232.63000000 0.034358180694 Long EC CORP US N 1 N N N Vanda Pharmaceuticals Inc 529900AY8VOOQBKJ0O70 Vanda Pharmaceuticals, Inc 921659108 31395.00000000 NS USD 129033.45000000 0.000530037217 Long EC CORP US N 1 N N N Phillips Edison & Co Inc 549300JPN4YHYPXTJQ85 Phillips Edison & Co, Inc 71844V201 59852.00000000 NS USD 2146891.24000000 0.008818893545 Long EC CORP US N 1 N N N Nordic American Tankers Ltd 213800W4T8AMPKIPIU94 Nordic American Tankers Ltd G65773106 68002.00000000 NS USD 266567.84000000 0.001094994175 Long EC CORP US N 1 N N N Host Hotels & Resorts Inc N6EL63S0K3PB1YFTDI24 Host Marriott Corp 44107P104 327100.00000000 NS USD 6764428.00000000 0.027786582439 Long EC CORP US N 1 N N N Rush Street Interactive Inc N/A Rush Street Interactive, Inc 782011100 28549.00000000 NS USD 185853.99000000 0.000763441818 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 Pfizer, Inc 717081103 2706201.00000000 NS USD 75097077.75000000 0.308480058015 Long EC CORP US N 1 N N N Bruker Corp LEBZ6VLQ6I8XB1NHVY15 Bruker BioSciences Corp 116794108 47870.00000000 NS USD 4496907.80000000 0.018472175224 Long EC CORP US N 1 N N N Lovesac Co/The N/A Lovesac Co 54738L109 5568.00000000 NS USD 125836.80000000 0.000516906177 Long EC CORP US N 1 N N N Solid Power Inc N/A Solid Power, Inc 83422N105 29093.00000000 NS USD 59058.79000000 0.000242598773 Long EC CORP US N 1 N N PubMatic Inc N/A PubMatic, Inc 74467Q103 21386.00000000 NS USD 507275.92000000 0.002083762909 Long EC CORP US N 1 N N N Concrete Pumping Holdings Inc N/A Concrete Pumping Holdings, Inc 206704108 13197.00000000 NS USD 104256.30000000 0.000428258867 Long EC CORP US N 1 N N N Northrim BanCorp Inc 5493006X7RLLTZ3SG075 Northrim BanCorp, Inc 666762109 2656.00000000 NS USD 134154.56000000 0.000551073459 Long EC CORP US N 1 N N N Zevra Therapeutics Inc 254900CU6T74V18Y1W18 Zevra Therapeutics, Inc 488445206 17404.00000000 NS USD 100943.20000000 0.000414649479 Long EC CORP US N 1 N N Luna Innovations Inc N/A Luna Innovations, Inc 550351100 16008.00000000 NS USD 51305.64000000 0.000210750767 Long EC CORP US N 1 N N Murphy Oil Corp QBKYQD0ODE7DC7PDIN91 Murphy Oil Corp 626717102 60673.00000000 NS USD 2772756.10000000 0.011389790231 Long EC CORP US N 1 N N N Nordson Corp 14OS6Q5N55N95WM84M53 Nordson Corp 655663102 25712.00000000 NS USD 7058972.48000000 0.028996497672 Long EC CORP US N 1 N N N MetLife Inc C4BXATY60WC6XEOZDX54 Metlife, Inc 59156R108 298856.00000000 NS USD 22148218.16000000 0.090979354026 Long EC CORP US N 1 N N N Nordstrom Inc 549300S3IZB5P35KNV16 Nordstrom, Inc 655664100 57180.00000000 NS USD 1159038.60000000 0.004761041378 Long EC CORP US N 1 N N Lam Research Corp 549300I4GMO6D34U1T02 Lam Research Corp 512807108 62802.00000000 NS USD 61016539.14000000 0.250640718623 Long EC CORP US N 1 N N N Kadant Inc 549300K06LNJYBMPYP15 Kadant, Inc 48282T104 5348.00000000 NS USD 1754678.80000000 0.007207782702 Long EC CORP US N 1 N N N Arthur J Gallagher & Co 54930049QLLMPART6V29 Gallagher (Arthur J.) & Co 363576109 102609.00000000 NS USD 25656354.36000000 0.105389902224 Long EC CORP US N 1 N N N WaVe Life Sciences Ltd 54930070006GPKFYZ813 WaVe Life Sciences Ltd Y95308105 29537.00000000 NS USD 182243.29000000 0.000748609964 Long EC CORP US N 1 N N BayCom Corp 549300UOLS54Q5ONIG33 BayCom Corp 07272M107 6589.00000000 NS USD 135799.29000000 0.000557829600 Long EC CORP US N 1 N N N TEGNA Inc 549300YC5EDBGX85AO10 TEGNA, Inc 87901J105 58775.00000000 NS USD 878098.50000000 0.003607009544 Long EC CORP US N 1 N N N Donegal Group Inc N/A Donegal Group, Inc (Class A) 257701201 7812.00000000 NS USD 110461.68000000 0.000453749020 Long EC CORP US N 1 N N MYR Group Inc 529900G1IMMZHOQ17I54 MYR Group, Inc 55405W104 6055.00000000 NS USD 1070221.25000000 0.004396201865 Long EC CORP US N 1 N N N G-III Apparel Group Ltd 529900O5KABM3R3SFM87 G-III Apparel Group Ltd 36237H101 24084.00000000 NS USD 698676.84000000 0.002869990132 Long EC CORP US N 1 N N N Jacobs Solutions Inc N/A Jacobs Solutions, Inc 46982L108 59295.00000000 NS USD 9115420.35000000 0.037443872420 Long EC CORP US N 1 N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 Oracle Corp 68389X105 733065.00000000 NS USD 92080294.65000000 0.378242875578 Long EC CORP US N 1 N N N Middlefield Banc Corp N/A Middlefield Banc Corp 596304204 3829.00000000 NS USD 91436.52000000 0.000375598409 Long EC CORP US N 1 N N Heron Therapeutics Inc 549300DR2I1DOPD2IX53 Heron Therapeutics, Inc 427746102 197694.00000000 NS USD 547612.38000000 0.002249455022 Long EC CORP US N 1 N N Carvana Co 5493003WEAK2PJ5WS063 Carvana Co 146869102 47579.00000000 NS USD 4182669.89000000 0.017181364295 Long EC CORP US N 1 N N N Pennant Group Inc/The 5493007H2OYR6BYLDA64 Pennant Group, Inc 70805E109 17723.00000000 NS USD 347902.49000000 0.001429096624 Long EC CORP US N 1 N N N First Merchants Corp TZTBT0OTGQ2FEK6XMX94 First Merchants Corp 320817109 29933.00000000 NS USD 1044661.70000000 0.004291209611 Long EC CORP US N 1 N N N Otter Tail Corp N/A Otter Tail Corp 689648103 16819.00000000 NS USD 1453161.60000000 0.005969225276 Long EC CORP US N 1 N N N Plymouth Industrial REIT Inc N/A Plymouth Industrial REIT, Inc 729640102 13733.00000000 NS USD 308992.50000000 0.001269264093 Long EC CORP US N 1 N N N Hibbett Inc 529900RD6P643J1CZM55 Hibbett Sports, Inc 428567101 9181.00000000 NS USD 705192.61000000 0.002896755290 Long EC CORP US N 1 N N N Waters Corp 5T547R1474YC9HOD8Q74 Waters Corp 941848103 29140.00000000 NS USD 10030862.20000000 0.041204279129 Long EC CORP US N 1 N N N Ivanhoe Electric Inc / US N/A Ivanhoe Electric, Inc 46578C108 23280.00000000 NS USD 228144.00000000 0.000937158628 Long EC CORP US N 1 N N TriMas Corp 75G1WUQ8QK4P5MZOYD78 Trimas Corp 896215209 23586.00000000 NS USD 630453.78000000 0.002589746824 Long EC CORP US N 1 N N N FVCBankcorp Inc 549300MSW6NY44KG3397 FVCBankcorp, Inc 36120Q101 7652.00000000 NS USD 93201.36000000 0.000382847932 Long EC CORP US N 1 N N Alector Inc 549300Z8RQOIY1JMHC25 Alector, Inc 014442107 31429.00000000 NS USD 189202.58000000 0.000777196990 Long EC CORP US N 1 N N N KBR Inc 254900OFQDXZRKRCV808 KBR, Inc 48242W106 66111.00000000 NS USD 4208626.26000000 0.017287986586 Long EC CORP US N 1 N N N HBT Financial Inc 549300NTXD4Q6UK5BY66 HBT Financial, Inc 404111106 6442.00000000 NS USD 122655.68000000 0.000503838929 Long EC CORP US N 1 N N N Schneider National Inc 529900V6GZ6G6E3BLV72 Schneider National, Inc 80689H102 22723.00000000 NS USD 514448.72000000 0.002113226982 Long EC CORP US N 1 N N N Brixmor Property Group Inc 5299007UXW6Y0W2EGZ95 Brixmor Property Group, Inc 11120U105 132744.00000000 NS USD 3112846.80000000 0.012786797971 Long EC CORP US N 1 N N N Workhorse Group Inc 5493006JUAG258V8X854 Workhorse Group, Inc 98138J206 67449.00000000 NS USD 15823.54000000 0.000064999154 Long EC CORP US N 1 N N Vimeo Inc 25490061AWYWC90UIJ68 Vimeo, Inc 92719V100 68763.00000000 NS USD 281240.67000000 0.001155266500 Long EC CORP US N 1 N N N ODP Corp/The N/A ODP Corp 88337F105 18624.00000000 NS USD 988003.20000000 0.004058470630 Long EC CORP US N 1 N N N DT Midstream Inc N/A DT Midstream, Inc 23345M107 48260.00000000 NS USD 2948686.00000000 0.012112466364 Long EC CORP US N 1 N N N Calix Inc 5299002RQRZ4SXSCSJ58 Calix, Inc 13100M509 28887.00000000 NS USD 957892.92000000 0.003934785112 Long EC CORP US N 1 N N N Ryder System Inc ZXJ6Y2OSPZXIVGRILD15 Ryder System, Inc 783549108 16381.00000000 NS USD 1968832.39000000 0.008087472217 Long EC CORP US N 1 N N N Kodiak Sciences Inc 254900IXI5NI8C9OQE24 Kodiak Sciences, Inc 50015M109 18276.00000000 NS USD 96131.76000000 0.000394885284 Long EC CORP US N 1 N N Teekay Tankers Ltd 549300DE8ZAIYS2T6Q22 Teekay Tankers Ltd N/A 11719.00000000 NS USD 684506.79000000 0.002811783102 Long EC CORP US N 1 N N N TechnipFMC PLC 549300D5I93QWCJTCK36 TechnipFMC plc G87110105 218592.00000000 NS USD 5488845.12000000 0.022546806237 Long EC CORP US N 1 N N N NetScout Systems Inc 5493005HZXZ3SPNVCV76 Netscout Systems, Inc 64115T104 43446.00000000 NS USD 948860.64000000 0.003897682760 Long EC CORP US N 1 N N N HEICO Corp 529900O1DTDLCJ7L0I14 HEICO Corp 422806109 21280.00000000 NS USD 4064480.00000000 0.016695869716 Long EC CORP US N 1 N N N Walker & Dunlop Inc N/A Walker & Dunlop, Inc 93148P102 12277.00000000 NS USD 1240713.62000000 0.005096541981 Long EC CORP US N 1 N N N Peoples Financial Services Corp N/A Peoples Financial Services Corp 711040105 5712.00000000 NS USD 246244.32000000 0.001011510226 Long EC CORP US N 1 N N PDF Solutions Inc 549300GMSP6MROFBI160 PDF Solutions, Inc 693282105 20605.00000000 NS USD 693770.35000000 0.002849835495 Long EC CORP US N 1 N N N Diamond Offshore Drilling Inc F14FQJ2EEHW5VPYUHL14 Diamond Offshore Drilling, Inc 25271C201 51211.00000000 NS USD 698518.04000000 0.002869337821 Long EC CORP US N 1 N N N Berry Global Group Inc 549300G6KKUMMXM8NH73 Berry Global Group, Inc 08579W103 44452.00000000 NS USD 2688456.96000000 0.011043510398 Long EC CORP US N 1 N N N America's Car-Mart Inc/TX N/A America's Car-Mart, Inc 03062T105 3312.00000000 NS USD 211537.44000000 0.000868943023 Long EC CORP US N 1 N N N Walgreens Boots Alliance Inc 549300RPTUOIXG4LIH86 Walgreens Boots Alliance, Inc 931427108 324604.00000000 NS USD 7040660.76000000 0.028921277695 Long EC CORP US N 1 N N N Nathan's Famous Inc 54930034SKNSF1JIE673 Nathan's Famous, Inc 632347100 1387.00000000 NS USD 98199.60000000 0.000403379455 Long EC CORP US N 1 N N N Federal Realty Investment Trust 549300FHEI1SLVZ0RB48 Federal Realty Investment Trust 313745101 39750.00000000 NS USD 4059270.00000000 0.016674468336 Long EC CORP US N 1 N N N Redwood Trust Inc DRBV4N1ERQLEMIF11G78 Redwood Trust, Inc 758075402 49700.00000000 NS USD 316589.00000000 0.001300468620 Long EC CORP US N 1 N N N Tutor Perini Corp 549300FHXYVPW8LJ6D98 Tutor Perini Corp 901109108 27269.00000000 NS USD 394309.74000000 0.001619726028 Long EC CORP US N 1 N N N AZEK Co Inc/The 5493002LDDDU1RX46815 AZEK Co, Inc 05478C105 60195.00000000 NS USD 3022992.90000000 0.012417700569 Long EC CORP US N 1 N N N Edison International 549300I7ROF15MAEVP56 Edison International 281020107 186837.00000000 NS USD 13214981.01000000 0.054283844735 Long EC CORP US N 1 N N N 2seventy bio Inc N/A 2seventy bio, Inc 901384107 11229.00000000 NS USD 60075.15000000 0.000246773726 Long EC CORP US N 1 N N RH 5493008MTS3OGGMHGK69 RH 74967X103 7732.00000000 NS USD 2692746.32000000 0.011061130018 Long EC CORP US N 1 N N N BankUnited Inc 96OVUWEW5D4YX6PFXD91 BankUnited, Inc 06652K103 27509.00000000 NS USD 770252.00000000 0.003164003031 Long EC CORP US N 1 N N N Resideo Technologies Inc 5493006TKFPYISY2DS54 Resideo Technologies, Inc 76118Y104 82950.00000000 NS USD 1859739.00000000 0.007639343790 Long EC CORP US N 1 N N N ANI Pharmaceuticals Inc 5493000T6CXTND40YH31 ANI Pharmaceuticals, Inc 00182C103 5767.00000000 NS USD 398672.71000000 0.001637648020 Long EC CORP US N 1 N N N Core Laboratories Inc N/A Core Laboratories, Inc 21867A105 23258.00000000 NS USD 397246.64000000 0.001631790080 Long EC CORP US N 1 N N N Rush Enterprises Inc 529900V3XHTN7A6DFT17 Rush Enterprises, Inc (Class A) 781846209 22836.00000000 NS USD 1222182.72000000 0.005020421668 Long EC CORP US N 1 N N N World Kinect Corp D3W7PCXCBRQLL17DZ313 World Fuel Services Corp 981475106 29960.00000000 NS USD 792442.00000000 0.003255154014 Long EC CORP US N 1 N N N Astrana Health Inc 5493008O4R82Q4STJ936 Apollo Medical Holdings, Inc 03763A207 16786.00000000 NS USD 704844.14000000 0.002895323862 Long EC CORP US N 1 N N N Chatham Lodging Trust N/A Chatham Lodging Trust 16208T102 28285.00000000 NS USD 285961.35000000 0.001174657875 Long EC CORP US N 1 N N N LifeStance Health Group Inc N/A LifeStance Health Group, Inc 53228F101 25006.00000000 NS USD 154287.02000000 0.000633772582 Long EC CORP US N 1 N N Paycom Software Inc 254900LSB0HNJUDC6Q18 Paycom Software, Inc 70432V102 24132.00000000 NS USD 4802509.32000000 0.019727510018 Long EC CORP US N 1 N N N Applied Digital Corp N/A Applied Digital Corp 038169207 33758.00000000 NS USD 144484.24000000 0.000593505207 Long EC CORP US N 1 N N Phathom Pharmaceuticals Inc N/A Phathom Pharmaceuticals, Inc 71722W107 56260.00000000 NS USD 597481.20000000 0.002454303692 Long EC CORP US N 1 N N Westrock Co 5493004Z9TCQW68YVL89 Westrock Co 96145D105 113717.00000000 NS USD 5623305.65000000 0.023099136545 Long EC CORP US N 1 N N N MSCI Inc 549300HTIN2PD78UB763 MSCI, Inc (Class A) 55354G100 36039.00000000 NS USD 20198057.55000000 0.082968580822 Long EC CORP US N 1 N N N National Bank Holdings Corp N/A National Bank Holdings Corp 633707104 19324.00000000 NS USD 697016.68000000 0.002863170609 Long EC CORP US N 1 N N N Franklin BSP Realty Trust Inc 549300LH3QNZK9Y1KC93 Franklin BSP Realty Trust, Inc 35243J101 23368.00000000 NS USD 312196.48000000 0.001282425244 Long EC CORP US N 1 N N N Cogent Biosciences Inc N/A Cogent Biosciences, Inc 19240Q201 22858.00000000 NS USD 153605.76000000 0.000630974136 Long EC CORP US N 1 N N N Coty Inc 549300BO9IWPF3S48F93 Coty, Inc 222070203 159439.00000000 NS USD 1906890.44000000 0.007833030141 Long EC CORP US N 1 N N N Devon Energy Corp 54930042348RKR3ZPN35 Devon Energy Corp 25179M103 303336.00000000 NS USD 15221400.48000000 0.062525715298 Long EC CORP US N 1 N N N Nano-X Imaging Ltd N/A Nano-X Imaging Ltd M70700105 21550.00000000 NS USD 210543.50000000 0.000864860165 Long EC CORP US N 1 N N HomeStreet Inc N/A HomeStreet, Inc 43785V102 15022.00000000 NS USD 226081.10000000 0.000928684749 Long EC CORP US N 1 N N N Advanced Energy Industries Inc 549300756XI3QLFT2U27 Advanced Energy Industries, Inc 007973100 20999.00000000 NS USD 2141478.02000000 0.008796657388 Long EC CORP US N 1 N N N Green Plains Inc VJ5WLTHARBSDR14KIZ98 Green Plains, Inc 393222104 26945.00000000 NS USD 622968.40000000 0.002558998751 Long EC CORP US N 1 N N N Interpublic Group of Cos Inc/The 5493008IUOJ5VWTRC333 Interpublic Group of Cos, Inc 460690100 183140.00000000 NS USD 5975858.20000000 0.024547334456 Long EC CORP US N 1 N N N Tri Pointe Homes Inc N/A Tri Pointe Homes, Inc 87265H109 47835.00000000 NS USD 1849301.10000000 0.007596467501 Long EC CORP US N 1 N N N Ribbon Communications Inc 549300L1E8Z8RL7CUL52 Ribbon Communications, Inc 762544104 37508.00000000 NS USD 120025.60000000 0.000493035217 Long EC CORP US N 1 N N N OneSpaWorld Holdings Ltd 5493007W8PZ8W6UC2X76 OneSpaWorld Holdings Ltd P73684113 29338.00000000 NS USD 388141.74000000 0.001594389423 Long EC CORP US N 1 N N N Stock Yards Bancorp Inc 549300YERP9H5TDIQW16 Stock Yards Bancorp, Inc 861025104 11262.00000000 NS USD 550824.42000000 0.002262649281 Long EC CORP US N 1 N N Kroger Co/The 6CPEOKI6OYJ13Q6O7870 Kroger Co 501044101 303811.00000000 NS USD 17356722.43000000 0.071297085087 Long EC CORP US N 1 N N N McGrath RentCorp 254900EUH6IPWFQ83445 McGrath RentCorp 580589109 8494.00000000 NS USD 1047904.78000000 0.004304531374 Long EC CORP US N 1 N N N Elme Communities 549300DI34BGS8LVKW95 Washington REIT 939653101 46196.00000000 NS USD 643048.32000000 0.002641482052 Long EC CORP US N 1 N N N Dole PLC 635400JUG5XJXOPPJJ47 Dole plc G27907107 35454.00000000 NS USD 422966.22000000 0.001737439697 Long EC CORP US N 1 N N N Compass Minerals International Inc 2549008X9G8XP7YJGC47 Compass Minerals International, Inc 20451N101 20319.00000000 NS USD 319821.06000000 0.001313745116 Long EC CORP US N 1 N N Farmers & Merchants Bancorp Inc/Archbold OH N/A Farmers & Merchants Bancorp, Inc 30779N105 6206.00000000 NS USD 138331.74000000 0.000568232272 Long EC CORP US N 1 N N Brown-Forman Corp 549300873K3LXF7ARU34 Brown-Forman Corp (Class B) 115637209 91961.00000000 NS USD 4747026.82000000 0.019499601751 Long EC CORP US N 1 N N N Aspen Aerogels Inc N/A Aspen Aerogels, Inc 04523Y105 11564.00000000 NS USD 203526.40000000 0.000836035669 Long EC CORP US N 1 N N N Baker Hughes Co N/A Baker Hughes Co 05722G100 485677.00000000 NS USD 16270179.50000000 0.066833837833 Long EC CORP US N 1 N N N First Business Financial Services Inc 549300BXKLW2T50TKU95 First Business Financial Services, Inc 319390100 4107.00000000 NS USD 154012.50000000 0.000632644922 Long EC CORP US N 1 N N N HP Inc WHKXQACZ14C5XRO8LW03 HP, Inc 40434L105 409106.00000000 NS USD 12363183.32000000 0.050784872355 Long EC CORP US N 1 N N N CVB Financial Corp N/A CVB Financial Corp 126600105 45531.00000000 NS USD 812273.04000000 0.003336614979 Long EC CORP US N 1 N N N Life Time Group Holdings Inc N/A Life Time Group Holdings, Inc 53190C102 20784.00000000 NS USD 322567.68000000 0.001325027545 Long EC CORP US N 1 N N N SmartRent Inc N/A SmartRent, Inc 83193G107 61017.00000000 NS USD 163525.56000000 0.000671722199 Long EC CORP US N 1 N N N Project Roadrunner Parent Inc N/A Project Roadrunner Parent, Inc 77634L105 72154.00000000 NS USD 929343.52000000 0.003817511300 Long EC CORP US N 1 N N N Nerdy Inc N/A Nerdy, Inc 64081V109 29475.00000000 NS USD 85772.25000000 0.000352331002 Long EC CORP US N 1 N N N Vornado Realty Trust N/A Vornado Realty Trust 929042109 96380.00000000 NS USD 2772852.60000000 0.011390186629 Long EC CORP US N 1 N N Charles River Laboratories International Inc 549300BSQ0R4UZ5KX287 Charles River Laboratories International, Inc 159864107 25265.00000000 NS USD 6845551.75000000 0.028119818563 Long EC CORP US N 1 N N N UGI Corp DX6GCWD4Q1JO9CRE5I40 UGI Corp 902681105 100921.00000000 NS USD 2476601.34000000 0.010173260370 Long EC CORP US N 1 N N N Boston Beer Co Inc/The 529900Q02MQ0DCQNRM58 Boston Beer Co, Inc (Class A) 100557107 5121.00000000 NS USD 1558934.82000000 0.006403715272 Long EC CORP US N 1 N N N Innovative Industrial Properties Inc 5493008BQ0545EZXRR30 Innovative Industrial Properties, Inc 45781V101 12344.00000000 NS USD 1278097.76000000 0.005250106701 Long EC CORP US N 1 N N N Ryerson Holding Corp 549300JMA41B3ZHOVE45 Ryerson Holding Corp 783754104 8418.00000000 NS USD 282003.00000000 0.001158397961 Long EC CORP US N 1 N N N Rexford Industrial Realty Inc 549300MSLO0DF0EMX355 Rexford Industrial Realty, Inc 76169C100 98830.00000000 NS USD 4971149.00000000 0.020420239746 Long EC CORP US N 1 N N N 4D Molecular Therapeutics Inc N/A 4D Molecular Therapeutics, Inc 35104E100 22403.00000000 NS USD 713759.58000000 0.002931946265 Long EC CORP US N 1 N N N Essential Properties Realty Trust Inc 2549009LXQLVYCGLZO50 Essential Properties Realty Trust, Inc 29670E107 63885.00000000 NS USD 1703174.10000000 0.006996214245 Long EC CORP US N 1 N N N Westlake Corp GOXNEVUM0LL78B1OS344 Westlake Chemical Corp 960413102 14533.00000000 NS USD 2220642.40000000 0.009121844909 Long EC CORP US N 1 N N N Carter Bankshares Inc N/A Carter Bankshares, Inc 146103106 14623.00000000 NS USD 184834.72000000 0.000759254911 Long EC CORP US N 1 N N N CNA Financial Corp 549300YX2GSZD7YG1R84 CNA Financial Corp 126117100 2717.00000000 NS USD 123406.14000000 0.000506921632 Long EC CORP US N 1 N N N Southern First Bancshares Inc N/A Southern First Bancshares, Inc 842873101 4079.00000000 NS USD 129549.04000000 0.000532155132 Long EC CORP US N 1 N N N Atlanta Braves Holdings Inc N/A Atlanta Braves Holdings, Inc 047726302 28493.00000000 NS USD 1112936.58000000 0.004571665783 Long EC CORP US N 1 N N N Smith & Wesson Brands Inc 5493004PFHUPOR1PWN79 Smith & Wesson Brands, Inc 831754106 29016.00000000 NS USD 503717.76000000 0.002069146876 Long EC CORP US N 1 N N N Sage Therapeutics Inc 5493000JX4BJS9W6CN35 Sage Therapeutics, Inc 78667J108 28225.00000000 NS USD 528936.50000000 0.002172739167 Long EC CORP US N 1 N N N STATE STR NAVIGATOR SECS L TR N/A State Street Navigator Securities Lending Government Money Market Portfolio 857509301 91143630.84000000 NS USD 91143630.84000000 0.374395294353 Long STIV RF US N 1 N N Essential Utilities Inc 549300ILTEOF3E3QY357 Essential Utilities, Inc 29670G102 120927.00000000 NS USD 4480345.35000000 0.018404140812 Long EC CORP US N 1 N N N TrueBlue Inc N/A TrueBlue, Inc 89785X101 19072.00000000 NS USD 238781.44000000 0.000980854577 Long EC CORP US N 1 N N N Flowers Foods Inc 7YNCQQNDK8FBM9BBTK25 Flowers Foods, Inc 343498101 85884.00000000 NS USD 2039745.00000000 0.008378763525 Long EC CORP US N 1 N N N OrthoPediatrics Corp 5493000KUTPFGOPAT717 OrthoPediatrics Corp 68752L100 5177.00000000 NS USD 150961.32000000 0.000620111436 Long EC CORP US N 1 N N N Tennant Co JYAIRLT8DVP6DP8UT336 Tennant Co 880345103 10075.00000000 NS USD 1225220.75000000 0.005032901137 Long EC CORP US N 1 N N N Alliant Energy Corp 5493009ML300G373MZ12 Alliant Energy Corp 018802108 116456.00000000 NS USD 5869382.40000000 0.024109958436 Long EC CORP US N 1 N N N Kinetik Holdings Inc N/A Kinetik Holdings, Inc 02215L209 8490.00000000 NS USD 338496.30000000 0.001390458342 Long EC CORP US N 1 N N N Globe Life Inc 5493001JFHKQOPP6XA71 Globe Life, Inc 37959E102 41690.00000000 NS USD 4851465.30000000 0.019928608969 Long EC CORP US N 1 N N N Columbia Sportswear Co 549300OTMCIEUXAH5Z60 Columbia Sportswear Co 198516106 14763.00000000 NS USD 1198460.34000000 0.004922976050 Long EC CORP US N 1 N N N Terns Pharmaceuticals Inc 254900S1ZDQMF4MYP709 Terns Pharmaceuticals, Inc 880881107 21241.00000000 NS USD 139340.96000000 0.000572377896 Long EC CORP US N 1 N N N SL Green Realty Corp 549300VQZPJU97H3GT17 SL Green Realty Corp 78440X887 38202.00000000 NS USD 2106076.26000000 0.008651235791 Long EC CORP US N 1 N N Jackson Financial Inc 213800WXW2KG1N4CO374 Jackson Financial, Inc 46817M107 38721.00000000 NS USD 2561006.94000000 0.010519977515 Long EC CORP US N 1 N N N AMN Healthcare Services Inc 529900W3ARRTCNFH2I39 AMN Healthcare Services, Inc 001744101 20081.00000000 NS USD 1255263.31000000 0.005156308478 Long EC CORP US N 1 N N N Vertiv Holdings Co 549300KTTIRAOGXCRV69 Vertiv Holdings Co 92537N108 164299.00000000 NS USD 13418299.33000000 0.055119025663 Long EC CORP US N 1 N N N Cara Therapeutics Inc 549300COVOY41P0GZ881 Cara Therapeutics, Inc 140755109 19366.00000000 NS USD 17623.06000000 0.000072391133 Long EC CORP US N 1 N N CDW Corp/DE 9845001B052ABF0B6755 CDW Corp 12514G108 63294.00000000 NS USD 16189339.32000000 0.066501766544 Long EC CORP US N 1 N N N Mid-America Apartment Communities Inc 549300FQZKFR5YNSHZ21 Mid-America Apartment Communities, Inc 59522J103 56954.00000000 NS USD 7494007.32000000 0.030783512249 Long EC CORP US N 1 N N N Tidewater Inc 2549000JA5GRUPLMUH98 Tidewater, Inc 88642R109 25843.00000000 NS USD 2377556.00000000 0.009766406826 Long EC CORP US N 1 N N N Hub Group Inc N/A Hub Group, Inc (Class A) 443320106 18600.00000000 NS USD 803892.00000000 0.003302187757 Long EC CORP US N 1 N N N United Rentals Inc 5323X5O7RN0NKFCDRY08 United Rentals, Inc 911363109 32367.00000000 NS USD 23340167.37000000 0.095875583978 Long EC CORP US N 1 N N N PotlatchDeltic Corp 54930084YA8UJOTXDM59 PotlatchDeltic Corp 737630103 40727.00000000 NS USD 1914983.54000000 0.007866274577 Long EC CORP US N 1 N N N Intapp Inc N/A Intapp, Inc 45827U109 7324.00000000 NS USD 251213.20000000 0.001031921145 Long EC CORP US N 1 N N N AerSale Corp N/A AerSale Corp 00810F106 8143.00000000 NS USD 58466.74000000 0.000240166779 Long EC CORP US N 1 N N N Materion Corp 549300CJ5RI351SUYT02 Materion Corp 576690101 11119.00000000 NS USD 1464928.25000000 0.006017559738 Long EC CORP US N 1 N N N Apogee Therapeutics Inc N/A Apogee Therapeutics, Inc 03770N101 19643.00000000 NS USD 1305277.35000000 0.005361753675 Long EC CORP US N 1 N N Destination XL Group Inc N/A Destination XL Group, Inc 25065K104 30615.00000000 NS USD 110214.00000000 0.000452731612 Long EC CORP US N 1 N N N Chuy's Holdings Inc N/A Chuy's Holdings, Inc 171604101 12474.00000000 NS USD 420748.02000000 0.001728327885 Long EC CORP US N 1 N N N City Office REIT Inc 5493003J7157VP25NL57 City Office REIT, Inc 178587101 21833.00000000 NS USD 113749.93000000 0.000467256330 Long EC CORP US N 1 N N N Illinois Tool Works Inc 76NA4I14SZCFAYMNSV04 Illinois Tool Works, Inc 452308109 141344.00000000 NS USD 37926835.52000000 0.155793977237 Long EC CORP US N 1 N N N Pentair PLC 549300EVR9D56WPSRP15 Pentair plc G7S00T104 81606.00000000 NS USD 6972416.64000000 0.028640947877 Long EC CORP US N 1 N N N Arch Capital Group Ltd 549300AYR4P8AFKDCE43 Arch Capital Group Ltd G0450A105 169908.00000000 NS USD 15706295.52000000 0.064517543137 Long EC CORP US N 1 N N N Vera Therapeutics Inc N/A Vera Therapeutics, Inc 92337R101 6792.00000000 NS USD 292871.04000000 0.001203041158 Long EC CORP US N 1 N N Ranpak Holdings Corp 5493000Z9EZR9DCYOO86 Ranpak Holdings Corp 75321W103 16208.00000000 NS USD 127556.96000000 0.000523972165 Long EC CORP US N 1 N N N Natera Inc N/A Natera, Inc 632307104 51554.00000000 NS USD 4715128.84000000 0.019368572808 Long EC CORP US N 1 N N N Consensus Cloud Solutions Inc N/A Consensus Cloud Solutions, Inc 20848V105 7805.00000000 NS USD 123787.30000000 0.000508487342 Long EC CORP US N 1 N N N Sleep Number Corp 529900W0TZQLBT2DSS66 Sleep Number Corp 83125X103 13058.00000000 NS USD 209319.74000000 0.000859833264 Long EC CORP US N 1 N N N Teradata Corp 549300JU9SOUHV4U4R71 Teradata Corp 88076W103 51680.00000000 NS USD 1998465.60000000 0.008209198050 Long EC CORP US N 1 N N N Adaptive Biotechnologies Corp 549300ZTF7OT1FW66Q96 Adaptive Biotechnologies Corp 00650F109 59774.00000000 NS USD 191874.54000000 0.000788172735 Long EC CORP US N 1 N N N Northwest Natural Holding Co 254900PSJL6ZEC8FR782 Northwest Natural Holding Co 66765N105 14483.00000000 NS USD 539057.26000000 0.002214312724 Long EC CORP US N 1 N N N Tobira Therapeutics Inc 54930086LNMGJM5NB025 Tobira Therapeutics, Inc 888CVR990 6981.00000000 NC USD 418.86000000 0.000001720572 Long EC CORP US N 3 N N N Rocket Pharmaceuticals Inc 549300R7VV82YUIN4Y93 Rocket Pharmaceuticals, Inc 77313F106 20281.00000000 NS USD 546370.14000000 0.002244352210 Long EC CORP US N 1 N N N CBRE Group Inc 52990016II9MJ2OSWA10 CBRE Group, Inc 12504L109 143011.00000000 NS USD 13906389.64000000 0.057123978874 Long EC CORP US N 1 N N N HomeTrust Bancshares Inc N/A HomeTrust Bancshares, Inc 437872104 13541.00000000 NS USD 370210.94000000 0.001520734170 Long EC CORP US N 1 N N N Carlisle Cos Inc XR64VGX1ZPX6G7ZN7Z11 Carlisle Cos, Inc 142339100 23004.00000000 NS USD 9014117.40000000 0.037027745177 Long EC CORP US N 1 N N N Microchip Technology Inc 5493007PTFULNYZJ1R12 Microchip Technology, Inc 595017104 251780.00000000 NS USD 22587183.80000000 0.092782515349 Long EC CORP US N 1 N N N E2open Parent Holdings Inc N/A E2open Parent Holdings, Inc 29788T103 87429.00000000 NS USD 388184.76000000 0.001594566138 Long EC CORP US N 1 N N N Clearway Energy Inc 549300LHAZ9HA9G3XC48 Clearway Energy, Inc (Class A) 18539C105 10556.00000000 NS USD 227059.56000000 0.000932704019 Long EC CORP US N 1 N N N Alico Inc N/A Alico, Inc 016230104 3213.00000000 NS USD 94076.64000000 0.000386443364 Long EC CORP US N 1 N N N Syndax Pharmaceuticals Inc 529900OF94TRHKZVBS87 Syndax Pharmaceuticals, Inc 87164F105 24529.00000000 NS USD 583790.20000000 0.002398064480 Long EC CORP US N 1 N N N Ardelyx Inc 549300F542QR4SXHCY32 Ardelyx, Inc 039697107 105254.00000000 NS USD 768354.20000000 0.003156207342 Long EC CORP US N 1 N N N Utah Medical Products Inc 5493002R27BBGV8DID60 Utah Medical Products, Inc 917488108 2349.00000000 NS USD 167037.39000000 0.000686147920 Long EC CORP US N 1 N N N Calavo Growers Inc N/A Calavo Growers, Inc 128246105 11455.00000000 NS USD 318563.55000000 0.001308579578 Long EC CORP US N 1 N N Herbalife Ltd 549300BA7TYPBSZZIA41 Herbalife Ltd G4412G101 58982.00000000 NS USD 592769.10000000 0.002434947561 Long EC CORP US N 1 N N N Tandem Diabetes Care Inc 549300JEPFOD0K4D3I05 Tandem Diabetes Care, Inc 875372203 35006.00000000 NS USD 1239562.46000000 0.005091813303 Long EC CORP US N 1 N N N Longboard Pharmaceuticals Inc N/A Longboard Pharmaceuticals, Inc 54300N103 32698.00000000 NS USD 706276.80000000 0.002901208872 Long EC CORP US N 1 N N Abercrombie & Fitch Co 5493000J7LL72TOGT983 Abercrombie & Fitch Co (Class A) 002896207 23424.00000000 NS USD 2935729.92000000 0.012059246020 Long EC CORP US N 1 N N N SBA Communications Corp 5299001HX8ZN8Y8QIT49 SBA Communications Corp 78410G104 52759.00000000 NS USD 11432875.30000000 0.046963399129 Long EC CORP US N 1 N N N Rambus Inc 2549000211GDCQSLV833 Rambus, Inc 750917106 53820.00000000 NS USD 3326614.20000000 0.013664901114 Long EC CORP US N 1 N N N Schlumberger NV 213800ZUA17OK3QLGM62 Schlumberger Ltd 806857108 684906.00000000 NS USD 37539697.86000000 0.154203712324 Long EC CORP US N 1 N N N Sysco Corp 5RGWIFLMGH3YS7KWI652 Sysco Corp 871829107 237589.00000000 NS USD 19287475.02000000 0.079228134987 Long EC CORP US N 1 N N N First Bancorp Inc/The N/A First Bancorp, Inc 31866P102 6485.00000000 NS USD 159790.40000000 0.000656379094 Long EC CORP US N 1 N N N Adeia Inc N/A Adeia, Inc 00676P107 57275.00000000 NS USD 625443.00000000 0.002569163790 Long EC CORP US N 1 N N N PACCAR Inc KDTEY8BWE486IKZ3CC07 PACCAR, Inc 693718108 246202.00000000 NS USD 30501965.78000000 0.125294464915 Long EC CORP US N 1 N N N Leonardo DRS Inc 549300HMMEWVG3PPQU18 Leonardo DRS, Inc 52661A108 24937.00000000 NS USD 550858.33000000 0.002262788575 Long EC CORP US N 1 N N N Blue Foundry Bancorp 5493008KPK5NJT0FNK56 Blue Foundry Bancorp 09549B104 13432.00000000 NS USD 125723.52000000 0.000516440851 Long EC CORP US N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 Texas Instruments, Inc 882508104 433797.00000000 NS USD 75571775.37000000 0.310429997397 Long EC CORP US N 1 N N N scPharmaceuticals Inc 549300F55SN4ZR2OA180 scPharmaceuticals, Inc 810648105 14352.00000000 NS USD 72047.04000000 0.000295951263 Long EC CORP US N 1 N N NNN REIT Inc 5493008JKH5SOTI0JS97 National Retail Properties, Inc 637417106 86371.00000000 NS USD 3691496.54000000 0.015163746725 Long EC CORP US N 1 N N N Landstar System Inc 254900CUQXQRL09MEI52 Landstar System, Inc 515098101 17753.00000000 NS USD 3422068.28000000 0.014057002658 Long EC CORP US N 1 N N N Movado Group Inc 549300WCGCGPWGHVXM59 Movado Group, Inc 624580106 11320.00000000 NS USD 316167.60000000 0.001298737614 Long EC CORP US N 1 N N N DXP Enterprises Inc/TX N/A DXP Enterprises, Inc 233377407 11117.00000000 NS USD 597316.41000000 0.002453626776 Long EC CORP US N 1 N N N Ovintiv Inc 2549003MEX7YMKLGI239 Ovintiv, Inc 69047Q102 115301.00000000 NS USD 5984121.90000000 0.024581279674 Long EC CORP US N 1 N N N Frontdoor Inc 5493008RB0JZJI3QGZ06 Frontdoor, Inc 35905A109 45952.00000000 NS USD 1497116.16000000 0.006149779641 Long EC CORP US N 1 N N N Viemed Healthcare Inc N/A Viemed Healthcare, Inc 92663R105 17155.00000000 NS USD 161771.65000000 0.000664517574 Long EC CORP US N 1 N N Enovix Corp 549300EC7NZGWORHYJ53 Enovix Corp 293594107 55762.00000000 NS USD 446653.62000000 0.001834741626 Long EC CORP US N 1 N N Victory Capital Holdings Inc 549300BN5LH2CIPPHS71 Victory Capital Holdings, Inc 92645B103 8459.00000000 NS USD 358915.37000000 0.001474334787 Long EC CORP US N 1 N N N Brightsphere Investment Group Inc 5493004FTLQNQTBOP608 Brightsphere Investment Group, Inc 10948W103 23450.00000000 NS USD 535598.00000000 0.002200102947 Long EC CORP US N 1 N N N Arrow Financial Corp 2549007Z8GI9ZZIQ1817 Arrow Financial Corp 042744102 9484.00000000 NS USD 237289.68000000 0.000974726799 Long EC CORP US N 1 N N N Liberty Latin America Ltd 213800YWQHEAX7CAVO83 Liberty Latin America Ltd (Class A) G9001E102 29453.00000000 NS USD 205287.41000000 0.000843269459 Long EC CORP US N 1 N N N Cushman & Wakefield PLC N/A Cushman & Wakefield plc G2717B108 66192.00000000 NS USD 692368.32000000 0.002844076306 Long EC CORP US N 1 N N N Surgery Partners Inc 549300LC82HG33S19I03 Surgery Partners, Inc 86881A100 33599.00000000 NS USD 1002258.17000000 0.004117026490 Long EC CORP US N 1 N N N Evergy Inc 549300PGTHDQY6PSUI61 Evergy, Inc 30034W106 98754.00000000 NS USD 5271488.52000000 0.021653959557 Long EC CORP US N 1 N N N Bar Harbor Bankshares N/A Bar Harbor Bankshares 066849100 11016.00000000 NS USD 291703.68000000 0.001198245934 Long EC CORP US N 1 N N N Verint Systems Inc 549300KEQJS5FRVUCO94 Verint Systems, Inc 92343X100 35164.00000000 NS USD 1165686.60000000 0.004788349703 Long EC CORP US N 1 N N N Builders FirstSource Inc 549300W0SKP6L3H7DP63 Builders FirstSource, Inc 12008R107 59390.00000000 NS USD 12385784.50000000 0.050877712363 Long EC CORP US N 1 N N N Winnebago Industries Inc 549300B7OYKYJLTE3G11 Winnebago Industries, Inc 974637100 17654.00000000 NS USD 1306396.00000000 0.005366348810 Long EC CORP US N 1 N N N Chart Industries Inc EM7QGKC1GYOF3LSZSL80 Chart Industries, Inc 16115Q308 20872.00000000 NS USD 3438035.84000000 0.014122593410 Long EC CORP US N 1 N N SS&C Technologies Holdings Inc 529900POY8H7NPPNKK71 SS&C Technologies Holdings, Inc 78467J100 100288.00000000 NS USD 6455538.56000000 0.026517741690 Long EC CORP US N 1 N N N Skyworks Solutions Inc 549300WZ3ORQ2BVKBD96 Skyworks Solutions, Inc 83088M102 69239.00000000 NS USD 7499968.48000000 0.030807999207 Long EC CORP US N 1 N N N Ryman Hospitality Properties Inc 529900GCCWW9SRMPJR11 Ryman Hospitality Properties, Inc 78377T107 28461.00000000 NS USD 3290376.21000000 0.013516044492 Long EC CORP US N 1 N N N Piper Sandler Cos QUQDBTUSOAKFEVMRMF78 Piper Jaffray Cos 724078100 10272.00000000 NS USD 2038889.28000000 0.008375248441 Long EC CORP US N 1 N N N iTeos Therapeutics Inc N/A iTeos Therapeutics, Inc 46565G104 11046.00000000 NS USD 150667.44000000 0.000618904250 Long EC CORP US N 1 N N N Enphase Energy Inc 5493008U7KIGMI59Z314 Enphase Energy, Inc 29355A107 59868.00000000 NS USD 7242830.64000000 0.029751741119 Long EC CORP US N 1 N N N Chicago Atlantic Real Estate Finance Inc N/A Chicago Atlantic Real Estate Finance, Inc 167239102 7850.00000000 NS USD 123794.50000000 0.000508516918 Long EC CORP US N 1 N N First Bancorp/Southern Pines NC N/A First Bancorp 318910106 15371.00000000 NS USD 555200.52000000 0.002280625208 Long EC CORP US N 1 N N N Warner Bros Discovery Inc 5493006ZCRFWKF6B1K26 Warner Bros Discovery, Inc 934423104 1098789.00000000 NS USD 9592427.97000000 0.039403300705 Long EC CORP US N 1 N N N Invesco Ltd ECPGFXU8A2SHKVVGJI15 Invesco Ltd G491BT108 183237.00000000 NS USD 3039901.83000000 0.012487158235 Long EC CORP US N 1 N N N Paragon 28 Inc 254900GM24PT1FMTRP66 Paragon 28, Inc 69913P105 23637.00000000 NS USD 291916.95000000 0.001199121994 Long EC CORP US N 1 N N N Targa Resources Corp 5493003QENHHS261UR94 Targa Resources Corp 87612G101 107385.00000000 NS USD 12026046.15000000 0.049399996979 Long EC CORP US N 1 N N N Acushnet Holdings Corp 529900W5FI106H543E43 Acushnet Holdings Corp 005098108 15286.00000000 NS USD 1008111.70000000 0.004141071330 Long EC CORP US N 1 N N N Equitrans Midstream Corp 549300RH0NLJNZ5SXU64 Equitrans Midstream Corp 294600101 223182.00000000 NS USD 2787543.18000000 0.011450531866 Long EC CORP US N 1 N N N SouthState Corp 549300JZUANXM0YQ4W53 SouthState Corp 840441109 38442.00000000 NS USD 3268723.26000000 0.013427099576 Long EC CORP US N 1 N N N ProFrac Holding Corp N/A ProFrac Holding Corp 74319N100 11921.00000000 NS USD 99659.56000000 0.000409376606 Long EC CORP US N 1 N N Editas Medicine Inc 5299000AON4Q9NT2JE42 Editas Medicine, Inc 28106W103 35681.00000000 NS USD 264753.02000000 0.001087539347 Long EC CORP US N 1 N N SpartanNash Co 549300TV3QCCSQLF5X16 SpartanNash Co 847215100 7101.00000000 NS USD 143511.21000000 0.000589508243 Long EC CORP US N 1 N N N Paylocity Holding Corp 549300VH75FTB4DIEE07 Paylocity Holding Corp 70438V106 20584.00000000 NS USD 3537566.24000000 0.014531439460 Long EC CORP US N 1 N N N Joint Corp/The N/A Joint Corp 47973J102 7427.00000000 NS USD 96996.62000000 0.000398437913 Long EC CORP US N 1 N N FuelCell Energy Inc 549300SRU8020X1X9J22 FuelCell Energy, Inc 35952H601 176294.00000000 NS USD 209789.86000000 0.000861764400 Long EC CORP US N 1 N N FTI Consulting Inc 549300K17GM8EQD0FQ48 FTI Consulting, Inc 302941109 16142.00000000 NS USD 3394501.18000000 0.013943763889 Long EC CORP US N 1 N N N Lear Corp 549300UPNBTXA1SYTQ33 Lear Corp 521865204 27234.00000000 NS USD 3945661.92000000 0.016207794690 Long EC CORP US N 1 N N N MGIC Investment Corp 254900S8483WM4M98R28 MGIC Investment Corp 552848103 136986.00000000 NS USD 3063006.96000000 0.012582068344 Long EC CORP US N 1 N N N Coupang Inc 549300XR4L1D80AK4W76 Coupang, Inc 22266T109 511300.00000000 NS USD 9096027.00000000 0.037364209377 Long EC CORP US N 1 N N N Donnelley Financial Solutions Inc 549300O1NPY4J56QCU04 Donnelley Financial Solutions, Inc 25787G100 19156.00000000 NS USD 1187863.56000000 0.004879447122 Long EC CORP US N 1 N N N Turtle Beach Corp 549300SZRV8U8PXSYI20 Turtle Beach Corp 900450206 8166.00000000 NS USD 140781.84000000 0.000578296672 Long EC CORP US N 1 N N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912797JN8 5000000.00000000 PA USD 4989021.85000000 0.020493656954 Long STIV UST US N 2 N N N Krispy Kreme Inc N/A Krispy Kreme, Inc 50101L106 44656.00000000 NS USD 680334.16000000 0.002794642979 Long EC CORP US N 1 N N Recursion Pharmaceuticals Inc N/A Recursion Pharmaceuticals, Inc 75629V104 63522.00000000 NS USD 633314.34000000 0.002601497291 Long EC CORP US N 1 N N Cigna Group/The 549300VIWYMSIGT1U456 Cigna Group 125523100 137736.00000000 NS USD 50024337.84000000 0.205487498334 Long EC CORP US N 1 N N N Archer-Daniels-Midland Co 549300LO13MQ9HYSTR83 Archer-Daniels-Midland Co 039483102 255153.00000000 NS USD 16026159.93000000 0.065831466324 Long EC CORP US N 1 N N N SandRidge Energy Inc W1MKPVGS6I5155L7VV67 SandRidge Energy, Inc 80007P869 16291.00000000 NS USD 237359.87000000 0.000975015122 Long EC CORP US N 1 N N N Tradeweb Markets Inc N/A Tradeweb Markets, Inc 892672106 52338.00000000 NS USD 5452049.46000000 0.022395658847 Long EC CORP US N 1 N N N CMS Energy Corp 549300IA9XFBAGNIBW29 CMS Energy Corp 125896100 148205.00000000 NS USD 8942689.70000000 0.036734338007 Long EC CORP US N 1 N N N OneSpan Inc 549300D67QDZG593UX89 OneSpan, Inc 68287N100 21489.00000000 NS USD 249917.07000000 0.001026596967 Long EC CORP US N 1 N N N RCI Hospitality Holdings Inc 529900COXP1MLE1UKG69 RCI Hospitality Holdings, Inc 74934Q108 6547.00000000 NS USD 379726.00000000 0.001559819663 Long EC CORP US N 1 N N N Boston Scientific Corp Y6ZDD9FP4P8JSSJMW954 Boston Scientific Corp 101137107 692480.00000000 NS USD 47427955.20000000 0.194822206269 Long EC CORP US N 1 N N N Kyndryl Holdings Inc 549300LQ4LWX2R8ZV130 Kyndryl Holdings, Inc 50155Q100 95867.00000000 NS USD 2086065.92000000 0.008569038307 Long EC CORP US N 1 N N N Daseke Inc 549300CUSFIOX5Q3VA53 Daseke, Inc 23753F107 14173.00000000 NS USD 117635.90000000 0.000483218926 Long EC CORP US N 1 N N N First Industrial Realty Trust Inc N/A First Industrial Realty Trust, Inc 32054K103 53571.00000000 NS USD 2814620.34000000 0.011561758084 Long EC CORP US N 1 N N N Sonos Inc 549300WEPU6075I77M08 Sonos, Inc 83570H108 67337.00000000 NS USD 1283443.22000000 0.005272064517 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co 949746101 1712159.00000000 NS USD 99236735.64000000 0.407639749570 Long EC CORP US N 1 N N N Kezar Life Sciences Inc 549300EV1V8GXBV18004 Kezar Life Sciences, Inc 49372L100 18676.00000000 NS USD 16838.28000000 0.000069167452 Long EC CORP US N 1 N N N Jones Lang LaSalle Inc 6SYKCME112RT8TQUO411 Jones Lang LaSalle, Inc 48020Q107 23806.00000000 NS USD 4644312.54000000 0.019077677117 Long EC CORP US N 1 N N N Ameren Corp XRZQ5S7HYJFPHJ78L959 Ameren Corp 023608102 128677.00000000 NS USD 9516950.92000000 0.039093259816 Long EC CORP US N 1 N N N Olaplex Holdings Inc N/A Olaplex Holdings, Inc 679369108 43357.00000000 NS USD 83245.44000000 0.000341951497 Long EC CORP US N 1 N N N Cheniere Energy Inc MIHC87W9WTYSYZWV1J40 Cheniere Energy, Inc 16411R208 112246.00000000 NS USD 18103034.88000000 0.074362750420 Long EC CORP US N 1 N N N Weis Markets Inc N/A Weis Markets, Inc 948849104 8426.00000000 NS USD 542634.40000000 0.002229006723 Long EC CORP US N 1 N N Invesco Mortgage Capital Inc PV3BDP2HFZL2FNXQBL39 Invesco Mortgage Capital, Inc 46131B704 10073.00000000 NS USD 97506.64000000 0.000400532948 Long EC CORP US N 1 N N Arbutus Biopharma Corp 25490064CESONAUIAS23 Arbutus Biopharma Corp 03879J100 55373.00000000 NS USD 142862.34000000 0.000586842847 Long EC CORP US N 1 N N Maravai LifeSciences Holdings Inc N/A Maravai LifeSciences Holdings, Inc 56600D107 54984.00000000 NS USD 476711.28000000 0.001958210994 Long EC CORP US N 1 N N N PRA Group Inc 549300Q5HW3JSSB86K27 PRA Group, Inc 69354N106 24781.00000000 NS USD 646288.48000000 0.002654791821 Long EC CORP US N 1 N N N Daktronics Inc 549300IOLZ3SG5YUJ288 Daktronics, Inc 234264109 19434.00000000 NS USD 193562.64000000 0.000795107029 Long EC CORP US N 1 N N N TransMedics Group Inc 549300060GVOSMWARH50 TransMedics Group, Inc 89377M109 11786.00000000 NS USD 871456.84000000 0.003579727262 Long EC CORP US N 1 N N Tyson Foods Inc WD6L6041MNRW1JE49D58 Tyson Foods, Inc (Class A) 902494103 140077.00000000 NS USD 8226722.21000000 0.033793322199 Long EC CORP US N 1 N N N BlackLine Inc 529900P9N7PK9LV5EK56 BlackLine, Inc 09239B109 29853.00000000 NS USD 1927906.74000000 0.007919359858 Long EC CORP US N 1 N N N NRG Energy Inc 5E2UPK5SW04M13XY7I38 NRG Energy, Inc 629377508 101910.00000000 NS USD 6898287.90000000 0.028336445509 Long EC CORP US N 1 N N N Corcept Therapeutics Inc 529900EO9LUTFMZ7FF90 Corcept Therapeutics, Inc 218352102 33186.00000000 NS USD 835955.34000000 0.003433895958 Long EC CORP US N 1 N N N West BanCorp Inc 549300GKFOINCHIYU666 West Bancorporation, Inc 95123P106 11970.00000000 NS USD 213425.10000000 0.000876697059 Long EC CORP US N 1 N N N Twilio Inc 5493004W8TRGD63APX93 Twilio, Inc 90138F102 85658.00000000 NS USD 5237986.70000000 0.021516342439 Long EC CORP US N 1 N N N Starwood Property Trust Inc BUGSFQZERKRBFWIG5267 Starwood Property Trust, Inc 85571B105 137605.00000000 NS USD 2797509.65000000 0.011491471638 Long EC CORP US N 1 N N Prime Medicine Inc N/A Prime Medicine, Inc 74168J101 19579.00000000 NS USD 137053.00000000 0.000562979528 Long EC CORP US N 1 N N Summit Therapeutics Inc N/A Summit Therapeutics, Inc 86627T108 57751.00000000 NS USD 239089.14000000 0.000982118532 Long EC CORP US N 1 N N Simmons First National Corp 549300IVR5AJKUVOGN05 Simmons First National Corp (Class A) 828730200 55218.00000000 NS USD 1074542.28000000 0.004413951578 Long EC CORP US N 1 N N N NCR Corp 549300YKTY8JX1DV2R67 NCR Corp 62886E108 68992.00000000 NS USD 871368.96000000 0.003579366273 Long EC CORP US N 1 N N N StepStone Group Inc N/A StepStone Group, Inc 85914M107 20369.00000000 NS USD 727988.06000000 0.002990393311 Long EC CORP US N 1 N N N Cognex Corp 549300JQTYZCLC43S226 Cognex Corp 192422103 83398.00000000 NS USD 3537743.16000000 0.014532166203 Long EC CORP US N 1 N N N Design Therapeutics Inc N/A Design Therapeutics, Inc 25056L103 14200.00000000 NS USD 57226.00000000 0.000235070129 Long EC CORP US N 1 N N N Middleby Corp/The JDFO86U9VQRBKW5KYA35 Middleby Corp 596278101 24886.00000000 NS USD 4001419.94000000 0.016436834724 Long EC CORP US N 1 N N N Virgin Galactic Holdings Inc 549300C631IMXCSMN048 Virgin Galactic Holdings, Inc 92766K106 85951.00000000 NS USD 127207.48000000 0.000522536588 Long EC CORP US N 1 N N PulteGroup Inc N/A Pulte Homes, Inc 745867101 99478.00000000 NS USD 11999036.36000000 0.049289047501 Long EC CORP US N 1 N N N Veralto Corp 635400FJE6GSOJUSNY27 Veralto Corp 92338C103 100108.00000000 NS USD 8875575.28000000 0.036458648716 Long EC CORP US N 1 N N N Intellia Therapeutics Inc 5493002T5BCPE5DZC723 Intellia Therapeutics, Inc 45826J105 34856.00000000 NS USD 958888.56000000 0.003938874953 Long EC CORP US N 1 N N N Ducommun Inc 549300Z71HMWF90S2214 Ducommun, Inc 264147109 8048.00000000 NS USD 412862.40000000 0.001695935726 Long EC CORP US N 1 N N N CoreCivic Inc 529900JFA3K6PTLT8B15 CoreCivic, Inc 21871N101 49610.00000000 NS USD 774412.10000000 0.003181091684 Long EC CORP US N 1 N N N Neogen Corp 549300HJT9FC36N4UW43 Neogen Corp 640491106 110527.00000000 NS USD 1744116.06000000 0.007164393602 Long EC CORP US N 1 N N Selective Insurance Group Inc 549300R3WGJWLE40R258 Selective Insurance Group, Inc 816300107 25615.00000000 NS USD 2796389.55000000 0.011486870547 Long EC CORP US N 1 N N N West Pharmaceutical Services Inc 5493007NKRGM1RJQ1P16 West Pharmaceutical Services, Inc 955306105 35435.00000000 NS USD 14021983.85000000 0.057598811047 Long EC CORP US N 1 N N N ATN International Inc 54930013NP7VEU877V56 ATN International, Inc 00215F107 7918.00000000 NS USD 249456.59000000 0.001024705430 Long EC CORP US N 1 N N N Piedmont Office Realty Trust Inc N/A Piedmont Office Realty Trust, Inc 720190206 36714.00000000 NS USD 258099.42000000 0.001060208019 Long EC CORP US N 1 N N N Digital Realty Trust Inc 549300HKCZ31D08NEI41 Digital Realty Trust, Inc 253868103 146702.00000000 NS USD 21130956.08000000 0.086800695217 Long EC CORP US N 1 N N N Incyte Corp 549300Z4WN6JVZ3T4680 Incyte Corp 45337C102 87640.00000000 NS USD 4992850.80000000 0.020509385326 Long EC CORP US N 1 N N N Enovis Corp 635400OP2DYYYMOIYL17 Enovis Corp 194014502 21428.00000000 NS USD 1338178.60000000 0.005496903801 Long EC CORP US N 1 N N N Paychex Inc 529900K900DW6SUBM174 Paychex, Inc 704326107 149731.00000000 NS USD 18386966.80000000 0.075529071904 Long EC CORP US N 1 N N N Great Lakes Dredge & Dock Corp 549300H65E3MZ1CX0P05 Great Lakes Dredge & Dock Corp 390607109 44924.00000000 NS USD 393085.00000000 0.001614695101 Long EC CORP US N 1 N N N Xperi Inc N/A Xperi, Inc 98423J101 22910.00000000 NS USD 276294.60000000 0.001134949278 Long EC CORP US N 1 N N N KeyCorp RKPI3RZGV1V1FJTH5T61 Keycorp 493267108 434062.00000000 NS USD 6862520.22000000 0.028189520804 Long EC CORP US N 1 N N N Pathward Financial Inc 5493004X52BH1NBLW813 Pathward Financial, Inc 59100U108 20574.00000000 NS USD 1038575.52000000 0.004266209102 Long EC CORP US N 1 N N N Hilton Worldwide Holdings Inc 549300HVGPK36ICB0B89 Hilton Worldwide Holdings, Inc 43300A203 116880.00000000 NS USD 24931672.80000000 0.102413091190 Long EC CORP US N 1 N N N Central Garden & Pet Co 5493004DVZLD37DJ0H83 Central Garden and Pet Co (Class A) 153527205 29455.00000000 NS USD 1087478.60000000 0.004467090753 Long EC CORP US N 1 N N N First Citizens BancShares Inc/NC 549300N3Z00ZHE2XC526 First Citizens Bancshares, Inc (Class A) 31946M103 5110.00000000 NS USD 8354850.00000000 0.034319639191 Long EC CORP US N 1 N N N Fortinet Inc 549300O0QJWDBAS0QX03 Fortinet, Inc 34959E109 311471.00000000 NS USD 21276584.01000000 0.087398898418 Long EC CORP US N 1 N N N Celsius Holdings Inc N/A Celsius Holdings, Inc 15118V207 64566.00000000 NS USD 5353812.72000000 0.021992126830 Long EC CORP US N 1 N N N Rigel Pharmaceuticals Inc 529900KPTNUS5J8K9K66 Rigel Pharmaceuticals, Inc 766559603 86450.00000000 NS USD 127946.00000000 0.000525570244 Long EC CORP US N 1 N N N National Beverage Corp 549300O9MZIQJI8TGV17 National Beverage Corp 635017106 12819.00000000 NS USD 608389.74000000 0.002499113253 Long EC CORP US N 1 N N N Amphastar Pharmaceuticals Inc 54930055TH0ZLSAQMJ38 Amphastar Pharmaceuticals, Inc 03209R103 14523.00000000 NS USD 637704.93000000 0.002619532739 Long EC CORP US N 1 N N N Waterstone Financial Inc 5493002KM21XRC2DCQ02 Waterstone Financial, Inc 94188P101 19189.00000000 NS USD 233530.13000000 0.000959283506 Long EC CORP US N 1 N N N Yext Inc 5299008ZQSBBVH7K0589 Yext, Inc 98585N106 55032.00000000 NS USD 331842.96000000 0.001363128081 Long EC CORP US N 1 N N N Treace Medical Concepts Inc N/A Treace Medical Concepts, Inc 89455T109 22415.00000000 NS USD 292515.75000000 0.001201581715 Long EC CORP US N 1 N N N Rogers Corp PW0CN80KNFR7RUOOKJ84 Rogers Corp 775133101 8376.00000000 NS USD 994147.44000000 0.004083709634 Long EC CORP US N 1 N N N Monarch Casino & Resort Inc 549300AK5FF7KY11V997 Monarch Casino & Resort, Inc 609027107 7140.00000000 NS USD 535428.60000000 0.002199407094 Long EC CORP US N 1 N N N Dana Inc KVWHW7YLZPFJM8QYNJ51 Dana Inc 235825205 18785.00000000 NS USD 238569.50000000 0.000979983980 Long EC CORP US N 1 N N N SunOpta Inc 54930010CP0KEPPRPA40 SunOpta, Inc 8676EP108 50062.00000000 NS USD 343925.94000000 0.001412761948 Long EC CORP US N 1 N N N Gap Inc/The T2ZG1WRWZ4BUCMQL9224 Gap, Inc 364760108 81317.00000000 NS USD 2240283.35000000 0.009202525031 Long EC CORP US N 1 N N N NCR Corp ATM N/A NCR Corp ATM 63001N106 34496.00000000 NS USD 681296.00000000 0.002798593978 Long EC CORP US N 1 N N N Terex Corp YAWJZJYEQ7M1SYMOS462 Terex Corp 880779103 35787.00000000 NS USD 2304682.80000000 0.009467061903 Long EC CORP US N 1 N N N Sturm Ruger & Co Inc 529900DV1BWFJSHFO847 Sturm Ruger & Co, Inc 864159108 3716.00000000 NS USD 171493.40000000 0.000704452098 Long EC CORP US N 1 N N N Starbucks Corp OQSJ1DU9TAOC51A47K68 Starbucks Corp 855244109 532168.00000000 NS USD 48634833.52000000 0.199779761281 Long EC CORP US N 1 N N N Hillenbrand Inc U246OE781574J2BUD366 Hillenbrand, Inc 431571108 32149.00000000 NS USD 1616773.21000000 0.006641300947 Long EC CORP US N 1 N N N Bank of NT Butterfield & Son Ltd/The 549300V8RVM0EMTDPF28 Bank of NT Butterfield & Son Ltd G0772R208 4849.00000000 NS USD 155119.51000000 0.000637192243 Long EC CORP US N 1 N N N Zscaler Inc 529900MZ0RTK1BWRNF46 Zscaler, Inc 98980G102 41021.00000000 NS USD 7901875.23000000 0.032458931857 Long EC CORP US N 1 N N N NerdWallet Inc 254900FJ2Y4SH71DJ379 NerdWallet, Inc 64082B102 13129.00000000 NS USD 192996.30000000 0.000792780646 Long EC CORP US N 1 N N N PTC Therapeutics Inc 549300UJLWOIWFDGB318 PTC Therapeutics, Inc 69366J200 37990.00000000 NS USD 1105129.10000000 0.004539594603 Long EC CORP US N 1 N N N ArcBest Corp 5493006S3KBNE8ZS3J23 ArcBest Corp 03937C105 8772.00000000 NS USD 1250010.00000000 0.005134729191 Long EC CORP US N 1 N N N Sylvamo Corp 5493001AOYU1ZOWOC971 Sylvamo Corp 871332102 17918.00000000 NS USD 1106257.32000000 0.004544229049 Long EC CORP US N 1 N N N Kiniksa Pharmaceuticals Ltd N/A Kiniksa Pharmaceuticals Ltd G5269C101 11321.00000000 NS USD 223363.33000000 0.000917520828 Long EC CORP US N 1 N N N Upwork Inc 5493004QJ6WWBXVE2S70 Upwork, Inc 91688F104 63645.00000000 NS USD 780287.70000000 0.003205227182 Long EC CORP US N 1 N N N Constellium SE 724500KRJEMC79KAAU28 Constellium SE F21107101 32878.00000000 NS USD 726932.58000000 0.002986057662 Long EC CORP US N 1 N N N Sensata Technologies Holding PLC 529900MS7KFYCY9MS037 Sensata Technologies Holding plc G8060N102 80042.00000000 NS USD 2940743.08000000 0.012079838831 Long EC CORP US N 1 N N N HCI Group Inc 549300CZF7EZJH0MPH74 HCI Group, Inc 40416E103 3092.00000000 NS USD 358919.36000000 0.001474351177 Long EC CORP US N 1 N N Crinetics Pharmaceuticals Inc 549300Q1CNFXK5P31D28 Crinetics Pharmaceuticals, Inc 22663K107 38468.00000000 NS USD 1800687.08000000 0.007396773237 Long EC CORP US N 1 N N N Unitil Corp N/A Unitil Corp 913259107 10272.00000000 NS USD 537739.20000000 0.002208898462 Long EC CORP US N 1 N N N Harvard Bioscience Inc 549300VLGB1D47GGC642 Harvard Bioscience, Inc 416906105 19354.00000000 NS USD 82060.96000000 0.000337085948 Long EC CORP US N 1 N N N Coastal Financial Corp/WA 549300XG5L36T6IU0B47 Coastal Financial Corp 19046P209 5328.00000000 NS USD 207099.36000000 0.000850712497 Long EC CORP US N 1 N N N Merit Medical Systems Inc 549300OYTY138SP2CE83 Merit Medical Systems, Inc 589889104 28011.00000000 NS USD 2121833.25000000 0.008715961574 Long EC CORP US N 1 N N N CenterPoint Energy Inc 21TPXMRRHFKOBHDC8J74 Centerpoint Energy, Inc 15189T107 307461.00000000 NS USD 8759563.89000000 0.035982102871 Long EC CORP US N 1 N N N Inspire Medical Systems Inc 549300XQQCQ7HCJKTW25 Inspire Medical Systems, Inc 457730109 13280.00000000 NS USD 2852411.20000000 0.011716993507 Long EC CORP US N 1 N N N Rallybio Corp N/A Rallybio Corp 75120L100 15258.00000000 NS USD 28227.30000000 0.000115950705 Long EC CORP US N 1 N N N Dominion Energy Inc ILUL7B6Z54MRYCF6H308 Dominion Energy, Inc 25746U109 402639.00000000 NS USD 19805812.41000000 0.081357335655 Long EC CORP US N 1 N N N Altair Engineering Inc 549300FJ89HZ6GU9S994 Altair Engineering, Inc 021369103 24769.00000000 NS USD 2133849.35000000 0.008765320715 Long EC CORP US N 1 N N N Arcosa Inc 549300WFHLTCZV7D6V29 Arcosa, Inc 039653100 26444.00000000 NS USD 2270481.84000000 0.009326572893 Long EC CORP US N 1 N N N WK Kellogg Co N/A WK Kellogg Co 92942W107 29685.00000000 NS USD 558078.00000000 0.002292445178 Long EC CORP US N 1 N N N Shutterstock Inc 529900G2TDIS56V0LO22 Shutterstock, Inc 825690100 13499.00000000 NS USD 618389.19000000 0.002540188498 Long EC CORP US N 1 N N N Equifax Inc 5493004MCF8JDC86VS77 Equifax, Inc 294429105 59468.00000000 NS USD 15908879.36000000 0.065349707005 Long EC CORP US N 1 N N N AptarGroup Inc VNPEQDQFAA7IY1T2PX43 Aptargroup, Inc 038336103 30628.00000000 NS USD 4407062.92000000 0.018103114874 Long EC CORP US N 1 N N N iRobot Corp 5493009PRNKOUKBAT390 iRobot Corp 462726100 15263.00000000 NS USD 133703.88000000 0.000549222178 Long EC CORP US N 1 N N N Avient Corp SM8L9RZYIB34LNTWO040 Avient Corp 05368V106 49682.00000000 NS USD 2156198.80000000 0.008857126679 Long EC CORP US N 1 N N N Cars.com Inc 5493002G6J07LNGX4M98 Cars.com, Inc 14575E105 37344.00000000 NS USD 641569.92000000 0.002635409154 Long EC CORP US N 1 N N N Palantir Technologies Inc 549300UVN46B3BBDHO85 Palantir Technologies, Inc 69608A108 900325.00000000 NS USD 20716478.25000000 0.085098123707 Long EC CORP US N 1 N N N Wayfair Inc 54930027N9ZAVYFDHK53 Wayfair, Inc 94419L101 41399.00000000 NS USD 2810164.12000000 0.011543453044 Long EC CORP US N 1 N N Arko Corp N/A Arko Corp 041242108 65041.00000000 NS USD 370733.70000000 0.001522881538 Long EC CORP US N 1 N N N Capital One Financial Corp ZUE8T73ROZOF6FLBAR73 Capital One Financial Corp 14040H105 183192.00000000 NS USD 27275456.88000000 0.112040771396 Long EC CORP US N 1 N N N Fair Isaac Corp RI6HET5SJUEY30V1PS26 Fair Isaac Corp 303250104 11453.00000000 NS USD 14311783.33000000 0.058789235003 Long EC CORP US N 1 N N N AeroVironment Inc 529900PGHVI29YLZ6221 Aerovironment, Inc 008073108 12268.00000000 NS USD 1880439.04000000 0.007724374390 Long EC CORP US N 1 N N N Elevance Health Inc 8MYN82XMYQH89CTMTH67 Elevance Health, Inc 036752103 112197.00000000 NS USD 58178632.38000000 0.238983305736 Long EC CORP US N 1 N N N FutureFuel Corp 529900WYQZSMWFXLA845 FutureFuel Corp 36116M106 17819.00000000 NS USD 143442.95000000 0.000589227848 Long EC CORP US N 1 N N N Axon Enterprise Inc 549300QP2IEEGFE16681 Axon Enterprise, Inc 05464C101 32661.00000000 NS USD 10218973.68000000 0.041976994153 Long EC CORP US N 1 N N N Norwood Financial Corp N/A Norwood Financial Corp 669549107 3544.00000000 NS USD 96432.24000000 0.000396119581 Long EC CORP US N 1 N N Murphy USA Inc 549300Y081F8XIKQIO72 Murphy USA, Inc 626755102 8996.00000000 NS USD 3771123.20000000 0.015490833177 Long EC CORP US N 1 N N N Golar LNG Ltd 213800C2VSFZG3EZLO34 Golar LNG Ltd G9456A100 42501.00000000 NS USD 1022574.06000000 0.004200479097 Long EC CORP US N 1 N N N eHealth Inc 5299003O8Y5OKXUZQ421 eHealth, Inc 28238P109 15165.00000000 NS USD 91444.95000000 0.000375633038 Long EC CORP US N 1 N N N KKR & Co Inc 54930013V5I303TF9571 KKR & Co, Inc 48251W104 316070.00000000 NS USD 31790320.60000000 0.130586705060 Long EC CORP US N 1 N N N ESCO Technologies Inc 5493007JJLP5MEWVDH10 ESCO Technologies, Inc 296315104 13003.00000000 NS USD 1391971.15000000 0.005717870175 Long EC CORP US N 1 N N N Bridgewater Bancshares Inc 5493001FLSBTVILKXZ71 Bridgewater Bancshares, Inc 108621103 10571.00000000 NS USD 123046.44000000 0.000505444074 Long EC CORP US N 1 N N N Parke Bancorp Inc 5493000JF1TWXVD0CR78 Parke Bancorp, Inc 700885106 5178.00000000 NS USD 89191.05000000 0.000366374579 Long EC CORP US N 1 N N Option Care Health Inc 549300DI3Q5ACSYJRI17 Option Care Health, Inc 68404L201 80646.00000000 NS USD 2704866.84000000 0.011110918090 Long EC CORP US N 1 N N N Granite Construction Inc 549300OM4BWMCIXVCZ39 Granite Construction, Inc 387328107 12176.00000000 NS USD 695614.88000000 0.002857412365 Long EC CORP US N 1 N N N Coeur Mining Inc 5493003AVK173D48DR70 Coeur Mining, Inc 192108504 119550.00000000 NS USD 450703.50000000 0.001851377523 Long EC CORP US N 1 N N N Cleanspark Inc 254900VO7KBRJQDGY810 Cleanspark, Inc 18452B209 82383.00000000 NS USD 1747343.43000000 0.007177650832 Long EC CORP US N 1 N N N Stewart Information Services Corp 529900TV1XI0PLKENU10 Stewart Information Services Corp 860372101 15315.00000000 NS USD 996393.90000000 0.004092937532 Long EC CORP US N 1 N N N Chinook Therapeutics Inc 549300X0O3003W5QYQ48 Chinook Therapeutics, Inc N/A 7917.00000000 NC USD 79.17000000 0.000000325210 Long EC CORP US N 3 N N N Inmode Ltd 984500DD95A35E9BD358 Inmode Ltd M5425M103 38335.00000000 NS USD 828419.35000000 0.003402939991 Long EC CORP US N 1 N N N Lucid Group Inc N/A Lucid Group, Inc 549498103 372353.00000000 NS USD 1061206.05000000 0.004359169673 Long EC CORP US N 1 N N Sealed Air Corp Q0M0CZB4YN6JZ65WXI09 Sealed Air Corp 81211K100 70338.00000000 NS USD 2616573.60000000 0.010748231490 Long EC CORP US N 1 N N N Empire State Realty Trust Inc 549300VOKY1DUEQSB456 Empire State Realty Trust, Inc 292104106 82308.00000000 NS USD 833780.04000000 0.003424960368 Long EC CORP US N 1 N N N Light & Wonder Inc 529900JXALYBOHXKFM62 Light & Wonder, Inc 80874P109 45102.00000000 NS USD 4604463.18000000 0.018913985889 Long EC CORP US N 1 N N N Extreme Networks Inc 549300WRECW11X94UB57 Extreme Networks, Inc 30226D106 62313.00000000 NS USD 719092.02000000 0.002953850598 Long EC CORP US N 1 N N N News Corp 549300ITS31QK8VRBQ14 News Corp (Class A) 65249B109 189629.00000000 NS USD 4964487.22000000 0.020392874816 Long EC CORP US N 1 N N N Glaukos Corp 5299004JA1LHE21M6T14 Glaukos Corp 377322102 24523.00000000 NS USD 2312273.67000000 0.009498243303 Long EC CORP US N 1 N N N Autodesk Inc FRKKVKAIQEF3FCSTPG55 Autodesk, Inc 052769106 102498.00000000 NS USD 26692529.16000000 0.109646249768 Long EC CORP US N 1 N N N Dexcom Inc 549300YSK3QDSFR5EU59 DexCom, Inc 252131107 185954.00000000 NS USD 25791819.80000000 0.105946360452 Long EC CORP US N 1 N N N Old National Bancorp/IN 549300MMK90CL5KMVX16 Old National Bancorp 680033107 133138.00000000 NS USD 2317932.58000000 0.009521488694 Long EC CORP US N 1 N N N Automatic Data Processing Inc HGBOLILQXWER4SAL2I23 Automatic Data Processing, Inc 053015103 196234.00000000 NS USD 49007479.16000000 0.201310496592 Long EC CORP US N 1 N N N Magnite Inc 54930018FR2YX1HHSB02 Magnite, Inc 55955D100 61168.00000000 NS USD 657556.00000000 0.002701075981 Long EC CORP US N 1 N N N Cathay General Bancorp 549300K1SLJ8C97H5L68 Cathay General Bancorp 149150104 25721.00000000 NS USD 973025.43000000 0.003996945688 Long EC CORP US N 1 N N N Lands' End Inc 54930016WOL7P2P67Q43 Lands' End, Inc 51509F105 9431.00000000 NS USD 102703.59000000 0.000421880722 Long EC CORP US N 1 N N N Methode Electronics Inc 529900VM413LGLUS3F07 Methode Electronics, Inc 591520200 20833.00000000 NS USD 253745.94000000 0.001042325009 Long EC CORP US N 1 N N N Titan Machinery Inc 549300835ZM8G0BT5C94 Titan Machinery, Inc 88830R101 11613.00000000 NS USD 288118.53000000 0.001183519033 Long EC CORP US N 1 N N N Amdocs Ltd 549300HQV672RJ7RQV66 Amdocs Ltd G02602103 51231.00000000 NS USD 4629745.47000000 0.019017839228 Long EC CORP US N 1 N N N Wolfspeed Inc 549300OGU88P3AW3TO93 Wolfspeed, Inc 977852102 62345.00000000 NS USD 1839177.50000000 0.007554882279 Long EC CORP US N 1 N N N Topgolf Callaway Brands Corp 5493005UB0KFRKBPCU72 Callaway Golf Co 131193104 63158.00000000 NS USD 1021264.86000000 0.004195101230 Long EC CORP US N 1 N N N Sandy Spring Bancorp Inc N/A Sandy Spring Bancorp, Inc 800363103 22606.00000000 NS USD 524007.08000000 0.002152490340 Long EC CORP US N 1 N N N CorMedix Inc 5299006YIA3L0MBW8358 CorMedix, Inc 21900C308 22299.00000000 NS USD 94547.76000000 0.000388378607 Long EC CORP US N 1 N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc 30303M102 1054293.00000000 NS USD 511943594.94000000 2.102936553584 Long EC CORP US N 1 N N N Owens Corning JO5M6676RDJIZ2U8X907 Owens Corning, Inc 690742101 42635.00000000 NS USD 7111518.00000000 0.029212341557 Long EC CORP US N 1 N N N General Electric Co 3C7474T6CDKPR9K6YT90 General Electric Co 369604301 516678.00000000 NS USD 90692489.34000000 0.372542117634 Long EC CORP US N 1 N N N Amedisys Inc 5299001RBS9GK9STN379 Amedisys, Inc 023436108 11006.00000000 NS USD 1014312.96000000 0.004166544559 Long EC CORP US N 1 N N N NuScale Power Corp N/A NuScale Power Corp 67079K100 16026.00000000 NS USD 85098.06000000 0.000349561597 Long EC CORP US N 1 N N Arcadium Lithium PLC 5299008YH4W6QL5DPN51 Arcadium Lithium plc G0508H110 491853.00000000 NS USD 2119886.43000000 0.008707964524 Long EC CORP US N 1 N N Juniper Networks Inc AUHIXNGG7U2U7JEHM527 Juniper Networks, Inc 48203R104 144108.00000000 NS USD 5340642.48000000 0.021938026770 Long EC CORP US N 1 N N N Leggett & Platt Inc DKOVQUCDW4ZLYCUD4T55 Leggett & Platt, Inc 524660107 73033.00000000 NS USD 1398581.95000000 0.005745025692 Long EC CORP US N 1 N N N Viad Corp 549300PXU4ZW7LPO5Y40 Viad Corp 92552R406 15178.00000000 NS USD 599379.22000000 0.002462100285 Long EC CORP US N 1 N N N Rush Enterprises Inc 529900V3XHTN7A6DFT17 Rush Enterprises, Inc 781846308 10342.00000000 NS USD 551125.18000000 0.002263884728 Long EC CORP US N 1 N N N Alnylam Pharmaceuticals Inc 529900S3ZI14OWRJII50 Alnylam Pharmaceuticals, Inc 02043Q107 61672.00000000 NS USD 9216880.40000000 0.037860644990 Long EC CORP US N 1 N N N Gray Television Inc 529900TM5726KDN7UU35 Gray Television, Inc 389375106 46930.00000000 NS USD 296597.60000000 0.001218348937 Long EC CORP US N 1 N N N BellRing Brands Inc 549300S3BOK5CMTS8054 BellRing Brands, Inc 07831C103 66090.00000000 NS USD 3901292.70000000 0.016025537004 Long EC CORP US N 1 N N N Ingles Markets Inc 549300XH5RYBMYP8TF26 Ingles Markets, Inc (Class A) 457030104 7244.00000000 NS USD 555469.92000000 0.002281731836 Long EC CORP US N 1 N N N Pegasystems Inc 549300FMCOKPL06FYN26 Pegasystems, Inc 705573103 22404.00000000 NS USD 1448194.56000000 0.005948821915 Long EC CORP US N 1 N N N Spotify Technology SA 549300B4X0JHWV0DTD60 Spotify Technology S.A. L8681T102 67991.00000000 NS USD 17942824.90000000 0.073704647796 Long EC CORP US N 1 N N N Genie Energy Ltd 52990057E36X8869GX58 Genie Energy Ltd 372284208 9688.00000000 NS USD 146095.04000000 0.000600121972 Long EC CORP US N 1 N N N LendingTree Inc 549300ISY5YHUJZTON08 LendingTree, Inc 52603B107 6343.00000000 NS USD 268562.62000000 0.001103188234 Long EC CORP US N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 Medtronic plc G5960L103 627707.00000000 NS USD 54704665.05000000 0.224713114730 Long EC CORP US N 1 N N N NVE Corp 5299003C1ATTWX8X0112 NVE Corp 629445206 2338.00000000 NS USD 210840.84000000 0.000866081564 Long EC CORP US N 1 N N N Haynes International Inc 549300I9MS5UZLRFDO40 Haynes International, Inc 420877201 9402.00000000 NS USD 565248.24000000 0.002321898735 Long EC CORP US N 1 N N N Dayforce Inc 549300T64GVCHFJ8L449 Ceridian HCM Holding, Inc 15677J108 73546.00000000 NS USD 4869480.66000000 0.020002611573 Long EC CORP US N 1 N N N Kronos Worldwide Inc 549300OBZ34C65APL277 Kronos Worldwide, Inc 50105F105 14288.00000000 NS USD 168598.40000000 0.000692560160 Long EC CORP US N 1 N N N Radiant Logistics Inc 549300HWCW2HBOG4GN20 Radiant Logistics, Inc 75025X100 29335.00000000 NS USD 158995.70000000 0.000653114664 Long EC CORP US N 1 N N N Mesa Laboratories Inc 549300ZCG738WLX8ZW79 Mesa Laboratories, Inc 59064R109 2255.00000000 NS USD 247441.15000000 0.001016426505 Long EC CORP US N 1 N N N eBay Inc OML71K8X303XQONU6T67 eBay, Inc 278642103 248893.00000000 NS USD 13136572.54000000 0.053961762303 Long EC CORP US N 1 N N N Celcuity Inc N/A Celcuity, Inc 15102K100 8603.00000000 NS USD 185824.80000000 0.000763321913 Long EC CORP US N 1 N N Solaris Oilfield Infrastructure Inc 529900MTK3C8Y8TIIC10 Solaris Oilfield Infrastructure, Inc 83418M103 6855.00000000 NS USD 59432.85000000 0.000244135318 Long EC CORP US N 1 N N N Two Harbors Investment Corp 549300ZUIBT6KH4HU823 Two Harbors Investment Corp 90187B804 37367.00000000 NS USD 494739.08000000 0.002032264698 Long EC CORP US N 1 N N N Lyell Immunopharma Inc N/A Lyell Immunopharma, Inc 55083R104 77816.00000000 NS USD 173529.68000000 0.000712816628 Long EC CORP US N 1 N N Monster Beverage Corp 52990090AP0E7HCB6F33 Monster Beverage Corp 61174X109 347059.00000000 NS USD 20573657.52000000 0.084511451783 Long EC CORP US N 1 N N N Alpine Income Property Trust Inc N/A Alpine Income Property Trust, Inc 02083X103 6783.00000000 NS USD 103644.24000000 0.000425744677 Long EC CORP US N 1 N N N Apogee Enterprises Inc 549300579S7QW8V4IJ60 Apogee Enterprises, Inc 037598109 4551.00000000 NS USD 269419.20000000 0.001106706851 Long EC CORP US N 1 N N N Day One Biopharmaceuticals Inc N/A Day One Biopharmaceuticals, Inc 23954D109 11974.00000000 NS USD 197810.48000000 0.000812556096 Long EC CORP US N 1 N N N Universal Insurance Holdings Inc 529900GGAZ6WVUCWQM46 Universal Insurance Holdings, Inc 91359V107 22402.00000000 NS USD 455208.64000000 0.001869883514 Long EC CORP US N 1 N N N Mondee Holdings Inc 549300SDRJEAWXEMNH70 Mondee Holdings, Inc 465712107 22451.00000000 NS USD 51861.81000000 0.000213035375 Long EC CORP US N 1 N N Masco Corp 5GCSNMQXHEYA1JO8QN11 Masco Corp 574599106 107444.00000000 NS USD 8475182.72000000 0.034813935981 Long EC CORP US N 1 N N N International Flavors & Fragrances Inc BZLRL03D3GPGMOGFO832 International Flavors & Fragrances, Inc 459506101 127265.00000000 NS USD 10943517.35000000 0.044953238769 Long EC CORP US N 1 N N N Fluence Energy Inc N/A Fluence Energy, Inc 34379V103 18242.00000000 NS USD 316316.28000000 0.001299348354 Long EC CORP US N 1 N N Green Brick Partners Inc 549300R7SCIV7FQI6T56 Green Brick Partners, Inc 392709101 16535.00000000 NS USD 995903.05000000 0.004090921242 Long EC CORP US N 1 N N N Alpha Metallurgical Resources Inc N/A Alpha Metallurgical Resources, Inc 020764106 5106.00000000 NS USD 1690954.02000000 0.006946017206 Long EC CORP US N 1 N N N Capri Holdings Ltd 549300LPG8W0H1OX3A26 Capri Holdings Ltd G1890L107 42913.00000000 NS USD 1943958.90000000 0.007985298126 Long EC CORP US N 1 N N N Enliven Therapeutics Inc N/A Enliven Therapeutics, Inc 29337E102 11571.00000000 NS USD 203533.89000000 0.000836066436 Long EC CORP US N 1 N N Metrocity Bankshares Inc 549300TC6QB7YG0P6F52 Metrocity Bankshares, Inc 59165J105 10190.00000000 NS USD 254342.40000000 0.001044775118 Long EC CORP US N 1 N N N Independent Bank Corp 549300C5K3W8THR3GE10 Independent Bank Corp 453836108 25003.00000000 NS USD 1300656.06000000 0.005342770569 Long EC CORP US N 1 N N N Uber Technologies Inc 549300B2FTG34FILDR98 Uber Technologies, Inc 90353T100 940074.00000000 NS USD 72376297.26000000 0.297303770621 Long EC CORP US N 1 N N N Hologic Inc 549300DYP6F5ZJL0LB74 Hologic, Inc 436440101 110770.00000000 NS USD 8635629.20000000 0.035473010088 Long EC CORP US N 1 N N N Aurinia Pharmaceuticals Inc 5299008YP2BW4570ML28 Aurinia Pharmaceuticals, Inc 05156V102 68772.00000000 NS USD 344547.72000000 0.001415316066 Long EC CORP US N 1 N N NEXTracker Inc N/A NEXTracker, Inc 65290E101 60488.00000000 NS USD 3403659.76000000 0.013981385051 Long EC CORP US N 1 N N N Insulet Corp 549300TZTYD2PYN92D43 Insulet Corp 45784P101 34390.00000000 NS USD 5894446.00000000 0.024212913451 Long EC CORP US N 1 N N N LCI Industries 549300E1B98YNJ1WIQ04 LCI Industries 50189K103 12667.00000000 NS USD 1558801.02000000 0.006403165655 Long EC CORP US N 1 N N N Newmont Corp 549300VSP3RIX7FGDZ51 Newmont Goldcorp Corp 651639106 566834.00000000 NS USD 20315330.56000000 0.083450309086 Long EC CORP US N 1 N N N Viatris Inc 254900ZZTSW7NL773X71 Viatris, Inc 92556V106 530013.00000000 NS USD 6328355.22000000 0.025995304263 Long EC CORP US N 1 N N N Thoughtworks Holding Inc 984500E705D15F2DF680 Thoughtworks Holding, Inc 88546E105 22872.00000000 NS USD 57866.16000000 0.000237699747 Long EC CORP US N 1 N N N American International Group Inc ODVCVCQG2BP6VHV36M30 American International Group, Inc 026874784 336820.00000000 NS USD 26329219.40000000 0.108153863923 Long EC CORP US N 1 N N N Thor Industries Inc 254900XZO1228PDSG060 Thor Industries, Inc 885160101 22833.00000000 NS USD 2679224.22000000 0.011005584605 Long EC CORP US N 1 N N N Marriott Vacations Worldwide Corp 549300WA6BT5H4F7IO94 Marriott Vacations Worldwide Corp 57164Y107 13041.00000000 NS USD 1404906.93000000 0.005771007131 Long EC CORP US N 1 N N N Archrock Inc 549300K3RIHMHDVFTL28 Archrock, Inc 03957W106 66096.00000000 NS USD 1300108.32000000 0.005340520590 Long EC CORP US N 1 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent 02665T306 145461.00000000 NS USD 5350055.58000000 0.021976693436 Long EC CORP US N 1 N N N MacroGenics Inc 5493001KJQUA83L8MH79 MacroGenics, Inc 556099109 32187.00000000 NS USD 473792.64000000 0.001946221949 Long EC CORP US N 1 N N N Ameresco Inc 529900NZXZGBCBXYY327 Ameresco, Inc 02361E108 13776.00000000 NS USD 332414.88000000 0.001365477386 Long EC CORP US N 1 N N Rollins Inc 549300F2A0BXT4SGWD84 Rollins, Inc 775711104 119495.00000000 NS USD 5529033.65000000 0.022711890691 Long EC CORP US N 1 N N N Cantaloupe Inc 529900O54DBQQVWO9Q85 Cantaloupe, Inc 138103106 31787.00000000 NS USD 204390.41000000 0.000839584807 Long EC CORP US N 1 N N N PJT Partners Inc 549300W3WBEQUBKYTN87 PJT Partners, Inc 69343T107 13025.00000000 NS USD 1227736.50000000 0.005043235210 Long EC CORP US N 1 N N N United Bankshares Inc/WV 5299005O3BAMJ9Z92V62 United Bankshares, Inc 909907107 68198.00000000 NS USD 2440806.42000000 0.010026223770 Long EC CORP US N 1 N N N Nextdoor Holdings Inc N/A Nextdoor Holdings, Inc 65345M108 73273.00000000 NS USD 164864.25000000 0.000677221203 Long EC CORP US N 1 N N N Pioneer Natural Resources Co FY8JBF7CCL2VE4F1B628 Pioneer Natural Resources Co 723787107 113240.00000000 NS USD 29725500.00000000 0.122104937226 Long EC CORP US N 1 N N N Five Star Bancorp 5493008ZRBIHKWC0JA73 Five Star Bancorp 33830T103 6452.00000000 NS USD 145170.00000000 0.000596322138 Long EC CORP US N 1 N N N Rocket Cos Inc N/A Rocket Cos, Inc 77311W101 74318.00000000 NS USD 1081326.90000000 0.004441821104 Long EC CORP US N 1 N N Full House Resorts Inc 5493009DKIWW0H901Y82 Full House Resorts, Inc 359678109 16841.00000000 NS USD 93804.37000000 0.000385324946 Long EC CORP US N 1 N N N Huntington Bancshares Inc/OH 549300XTVCVV9I7B5T19 Huntington Bancshares, Inc 446150104 728267.00000000 NS USD 10159324.65000000 0.041731970821 Long EC CORP US N 1 N N N Fidelity National Financial Inc 549300CAZYIH39SYQ287 Fidelity National Financial, Inc 31620R303 120728.00000000 NS USD 6410656.80000000 0.026333378619 Long EC CORP US N 1 N N N First Busey Corp 549300X4ZNLYSX7GUY60 First Busey Corp 319383204 26747.00000000 NS USD 643265.35000000 0.002642373557 Long EC CORP US N 1 N N N Helios Technologies Inc 5493000BCJSMIDRNTI78 Helios Technologies, Inc 42328H109 16194.00000000 NS USD 723709.86000000 0.002972819532 Long EC CORP US N 1 N N N Preferred Bank/Los Angeles CA 5493007K6HGI9G0ECX16 Preferred Bank 740367404 8859.00000000 NS USD 680105.43000000 0.002793703414 Long EC CORP US N 1 N N N Standard Motor Products Inc THGK1EO5B5HK0JHQVZ90 Standard Motor Products, Inc 853666105 11405.00000000 NS USD 382637.75000000 0.001571780405 Long EC CORP US N 1 N N N Westamerica BanCorp N/A Westamerica Bancorporation 957090103 13352.00000000 NS USD 652645.76000000 0.002680905941 Long EC CORP US N 1 N N N U-Haul Holding Co 5493003WIDMLDHYC6Y24 Amerco, Inc 023586100 4307.00000000 NS USD 290894.78000000 0.001194923175 Long EC CORP US N 1 N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc 02079K107 2392687.00000000 NS USD 364310522.62000000 1.496496728243 Long EC CORP US N 1 N N N Riot Platforms Inc 5299005LKZAJQDQZDF73 Riot Platforms, Inc 767292105 68622.00000000 NS USD 839933.28000000 0.003450236343 Long EC CORP US N 1 N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 Weyerhaeuser Co 962166104 348827.00000000 NS USD 12526377.57000000 0.051455233616 Long EC CORP US N 1 N N N Revvity Inc 549300IKL1SDPFI7N655 PerkinElmer, Inc 714046109 59289.00000000 NS USD 6225345.00000000 0.025572163981 Long EC CORP US N 1 N N N Denali Therapeutics Inc 549300ZTQ2HO18L3Q830 Denali Therapeutics, Inc 24823R105 49642.00000000 NS USD 1018653.84000000 0.004184375811 Long EC CORP US N 1 N N N Robert Half Inc 529900VPCUY9H3HLIC08 Robert Half International, Inc 770323103 52374.00000000 NS USD 4152210.72000000 0.017056245624 Long EC CORP US N 1 N N N DZS Inc 549300JL6GXPZ9SNGD29 DZS, Inc 268211109 9167.00000000 NS USD 12100.44000000 0.000049705588 Long EC CORP US N 1 N N A-Mark Precious Metals Inc XP6XYFDZQGKLUMOFGT37 A-Mark Precious Metals, Inc 00181T107 9522.00000000 NS USD 292230.18000000 0.001200408665 Long EC CORP US N 1 N N N Intuitive Surgical Inc 54930052SRG011710797 Intuitive Surgical, Inc 46120E602 166055.00000000 NS USD 66270889.95000000 0.272224280744 Long EC CORP US N 1 N N N BlackSky Technology Inc N/A BlackSky Technology, Inc 09263B108 60886.00000000 NS USD 82804.96000000 0.000340142115 Long EC CORP US N 1 N N Funko Inc 529900NG9F0KL5P6NK67 Funko, Inc 361008105 10965.00000000 NS USD 68421.60000000 0.000281058861 Long EC CORP US N 1 N N N Cerus Corp 254900BIEY9XIDA04Q21 Cerus Corp 157085101 71510.00000000 NS USD 135153.90000000 0.000555178499 Long EC CORP US N 1 N N N Advanced Drainage Systems Inc 6QQTOZ5MF5DHM7K92I60 Advanced Drainage Systems, Inc 00790R104 31531.00000000 NS USD 5430899.44000000 0.022308779842 Long EC CORP US N 1 N N N Digimarc Corp 254900TL728B5T0M5R41 Digimarc Corp 25381B101 7264.00000000 NS USD 197435.52000000 0.000811015854 Long EC CORP US N 1 N N GATX Corp 549300IHYHCQP2PIR591 GATX Corp 361448103 14376.00000000 NS USD 1926815.28000000 0.007914876412 Long EC CORP US N 1 N N N Interactive Brokers Group Inc 5493004DT6DCDUZNDM53 Interactive Brokers Group, Inc (Class A) 45841N107 49742.00000000 NS USD 5556678.82000000 0.022825450152 Long EC CORP US N 1 N N N Exelixis Inc 254900PJQB59O2O95R37 Exelixis, Inc 30161Q104 170031.00000000 NS USD 4034835.63000000 0.016574098041 Long EC CORP US N 1 N N N Unity Bancorp Inc 549300Q90ZRNUR65PL93 Unity Bancorp, Inc 913290102 3873.00000000 NS USD 106894.80000000 0.000439097167 Long EC CORP US N 1 N N N Mattel Inc 549300VELLG24KHTJ564 Mattel, Inc 577081102 167123.00000000 NS USD 3310706.63000000 0.013599556785 Long EC CORP US N 1 N N N Desktop Metal Inc 254900C3ZY0EFO5PGJ27 Desktop Metal, Inc 25058X105 62846.00000000 NS USD 55304.48000000 0.000227177004 Long EC CORP US N 1 N N SYNAPTICS INC 549300AJ3LI4FWNRQX29 Synaptics, Inc 87157D109 19257.00000000 NS USD 1878712.92000000 0.007717283919 Long EC CORP US N 1 N N N PriceSmart Inc 549300JVYOSTGVSDZS46 Pricesmart, Inc 741511109 14866.00000000 NS USD 1248744.00000000 0.005129528779 Long EC CORP US N 1 N N N Stratus Properties Inc 5493008I6ZRDZWT8ZZ15 Stratus Properties, Inc 863167201 3112.00000000 NS USD 71046.96000000 0.000291843184 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 UnitedHealth Group, Inc 91324P102 443027.00000000 NS USD 219165456.90000000 0.900277013236 Long EC CORP US N 1 N N N Red Robin Gourmet Burgers Inc 529900V6NUMBYX34LV46 Red Robin Gourmet Burgers, Inc 75689M101 8020.00000000 NS USD 61433.20000000 0.000252352257 Long EC CORP US N 1 N N Star Holdings 549300NXTGWF12PTMW64 Star Holdings 85512G106 5909.00000000 NS USD 76344.28000000 0.000313603253 Long EC CORP US N 1 N N N Dream Finders Homes Inc N/A Dream Finders Homes, Inc 26154D100 10739.00000000 NS USD 469616.47000000 0.001929067285 Long EC CORP US N 1 N N N IGM Biosciences Inc 5493008XCQES2N0VY969 IGM Biosciences, Inc 449585108 2211.00000000 NS USD 21336.15000000 0.000087643580 Long EC CORP US N 1 N N Outset Medical Inc N/A Outset Medical, Inc 690145107 24964.00000000 NS USD 55420.08000000 0.000227651860 Long EC CORP US N 1 N N Lions Gate Entertainment Corp 5493000JSMHPHZURLM72 Lions Gate Entertainment Corp (Class A) 535919401 37150.00000000 NS USD 369642.50000000 0.001518399160 Long EC CORP US N 1 N N N Seer Inc N/A Seer, Inc 81578P106 22417.00000000 NS USD 42592.30000000 0.000174958541 Long EC CORP US N 1 N N Sunrun Inc 54930007SJ77CI66U531 Sunrun, Inc 86771W105 109516.00000000 NS USD 1443420.88000000 0.005929212828 Long EC CORP US N 1 N N Ares Commercial Real Estate Corp 549300ZNO5IWXS443S81 Ares Commercial Real Estate Corp 04013V108 22112.00000000 NS USD 164734.40000000 0.000676687812 Long EC CORP US N 1 N N Power Integrations Inc 54930085LGXSCIHD5W31 Power Integrations, Inc 739276103 25919.00000000 NS USD 1854504.45000000 0.007617841565 Long EC CORP US N 1 N N N MicroStrategy Inc 549300WQTWEJUEHXQX21 MicroStrategy, Inc (Class A) 594972408 7052.00000000 NS USD 12020557.12000000 0.049377449414 Long EC CORP US N 1 N N CrossFirst Bankshares Inc N/A CrossFirst Bankshares, Inc 22766M109 2974.00000000 NS USD 41160.16000000 0.000169075667 Long EC CORP US N 1 N N N PNM Resources Inc 5493003JOBJGLZSDDQ28 PNM Resources, Inc 69349H107 29406.00000000 NS USD 1106841.84000000 0.004546630111 Long EC CORP US N 1 N N N Home Bancorp Inc N/A Home Bancorp, Inc 43689E107 4264.00000000 NS USD 163353.84000000 0.000671016816 Long EC CORP US N 1 N N N Johnson Outdoors Inc N/A Johnson Outdoors, Inc 479167108 3583.00000000 NS USD 165212.13000000 0.000678650208 Long EC CORP US N 1 N N N Quest Diagnostics Inc 8MCWUBXQ0WE04KMXBX50 Quest Diagnostics, Inc 74834L100 48948.00000000 NS USD 6515468.28000000 0.026763918027 Long EC CORP US N 1 N N N Stepan Co IZU1EW9GB3WC7CYCSR17 Stepan Co 858586100 8132.00000000 NS USD 732205.28000000 0.003007716598 Long EC CORP US N 1 N N N Weatherford International PLC 529900LPBDSCQDJKHQ39 Weatherford International plc G48833118 36238.00000000 NS USD 4182589.96000000 0.017181035962 Long EC CORP US N 1 N N N Greene County Bancorp Inc N/A Greene County Bancorp, Inc 394357107 3479.00000000 NS USD 100160.41000000 0.000411433973 Long EC CORP US N 1 N N LSB Industries Inc 5493001H215A0HG0MI71 LSB Industries, Inc 502160104 16250.00000000 NS USD 142675.00000000 0.000586073301 Long EC CORP US N 1 N N N MSC Industrial Direct Co Inc 0XVKH0LN6YGOWO2EGO17 MSC Industrial Direct Co (Class A) 553530106 19273.00000000 NS USD 1870251.92000000 0.007682528243 Long EC CORP US N 1 N N N Park Hotels & Resorts Inc 5493005UZ5TQN0H6HS73 Park Hotels & Resorts, Inc 700517105 84337.00000000 NS USD 1475054.13000000 0.006059154327 Long EC CORP US N 1 N N N RXO Inc 549300KL8CA6GP8XPM30 RXO, Inc 74982T103 52508.00000000 NS USD 1148349.96000000 0.004717135112 Long EC CORP US N 1 N N N Ecolab Inc 82DYEISM090VG8LTLS26 Ecolab, Inc 278865100 119042.00000000 NS USD 27486797.80000000 0.112908907164 Long EC CORP US N 1 N N N U-Haul Holding Co 5493003WIDMLDHYC6Y24 U-Haul Holding Co 023586506 38763.00000000 NS USD 2584716.84000000 0.010617371869 Long EC CORP US N 1 N N N Certara Inc N/A Certara, Inc 15687V109 50223.00000000 NS USD 897987.24000000 0.003688707526 Long EC CORP US N 1 N N N Cooper-Standard Holdings Inc 549300VVOH2RQP5YMB08 Cooper-Standard Holdings, Inc 21676P103 8573.00000000 NS USD 141968.88000000 0.000583172736 Long EC CORP US N 1 N N N Forestar Group Inc 549300BC2UB0GHV60V70 Forestar Group, Inc 346232101 425.00000000 NS USD 17080.75000000 0.000070163459 Long EC CORP US N 1 N N N Commerce Bancshares Inc/MO N/A Commerce Bancshares, Inc 200525103 58590.00000000 NS USD 3116988.00000000 0.012803808988 Long EC CORP US N 1 N N N American Tower Corp 5493006ORUSIL88JOE18 American Tower Corp 03027X100 222870.00000000 NS USD 44036883.30000000 0.180892529006 Long EC CORP US N 1 N N N NETGEAR Inc 54930067KX3UNRHDWA78 Netgear, Inc 64111Q104 16454.00000000 NS USD 259479.58000000 0.001065877372 Long EC CORP US N 1 N N N 3D Systems Corp 5493003HHDOCCW4OP744 3D Systems Corp 88554D205 66252.00000000 NS USD 294158.88000000 0.001208331283 Long EC CORP US N 1 N N Toll Brothers Inc 529900JB6IS9MSZGVR44 Toll Brothers, Inc 889478103 46691.00000000 NS USD 6040414.67000000 0.024812516327 Long EC CORP US N 1 N N N Cambridge Bancorp N/A Cambridge Bancorp 132152109 2502.00000000 NS USD 170536.32000000 0.000700520652 Long EC CORP US N 1 N N N Spok Holdings Inc 549300HXXANIVN2ICC89 Spok Holdings, Inc 84863T106 8527.00000000 NS USD 136005.65000000 0.000558677275 Long EC CORP US N 1 N N N Iteris Inc 549300HHWPIES6047045 Iteris, Inc 46564T107 21652.00000000 NS USD 106960.88000000 0.000439368607 Long EC CORP US N 1 N N N Service Corp International/US 549300RKVM2ME20JHZ15 Service Corp International 817565104 70217.00000000 NS USD 5210803.57000000 0.021404680924 Long EC CORP US N 1 N N N Novocure Ltd 213800YPP55UMHWA4826 Novocure Ltd G6674U108 56233.00000000 NS USD 878921.79000000 0.003610391414 Long EC CORP US N 1 N N N 8x8 Inc 254900XWSOC5U1BRW939 8x8, Inc 282914100 65506.00000000 NS USD 176866.20000000 0.000726522219 Long EC CORP US N 1 N N Paramount Global 5KYC8KF17ROCY24M3H09 Paramount Global (Class A) 92556H107 4594.00000000 NS USD 100287.02000000 0.000411954055 Long EC CORP US N 1 N N Select Water Solutions Inc 54930094OK8LA3QDW486 Select Water Solutions, Inc 81617J301 6869.00000000 NS USD 63400.87000000 0.000260434954 Long EC CORP US N 1 N N N Amcor PLC 549300GSODGFCDQ3DI89 Amcor plc G0250X107 726379.00000000 NS USD 6907864.29000000 0.028375782930 Long EC CORP US N 1 N N N Ryan Specialty Holdings Inc N/A Ryan Specialty Holdings, Inc 78351F107 42415.00000000 NS USD 2354032.50000000 0.009669778158 Long EC CORP US N 1 N N N First Hawaiian Inc 5493002DJSH46F5OLV06 First Hawaiian, Inc 32051X108 71845.00000000 NS USD 1577716.20000000 0.006480864495 Long EC CORP US N 1 N N N Schrodinger Inc/United States N/A Schrodinger, Inc 80810D103 24729.00000000 NS USD 667683.00000000 0.002742675171 Long EC CORP US N 1 N N N-able Inc N/A N-able, Inc 62878D100 19169.00000000 NS USD 250538.83000000 0.001029151001 Long EC CORP US N 1 N N N WEC Energy Group Inc 549300IGLYTZUK3PVP70 WEC Energy Group, Inc 92939U106 151716.00000000 NS USD 12458917.92000000 0.051178126205 Long EC CORP US N 1 N N N Mueller Industries Inc 5493005IZFE4VJLLYG84 Mueller Industries, Inc 624756102 57366.00000000 NS USD 3093748.38000000 0.012708346427 Long EC CORP US N 1 N N N Ocular Therapeutix Inc 529900ABAWFXOHSIHG03 Ocular Therapeutix, Inc 67576A100 41830.00000000 NS USD 380653.00000000 0.001563627547 Long EC CORP US N 1 N N N Cerevel Therapeutics Holdings Inc 254900RJNIRS9COSQR41 Cerevel Therapeutics Holdings, Inc 15678U128 35533.00000000 NS USD 1501979.91000000 0.006169758713 Long EC CORP US N 1 N N N Citizens Financial Services Inc 5493005JSTWQNVUE0825 Citizens Financial Services, Inc 174615104 2158.00000000 NS USD 106173.60000000 0.000436134657 Long EC CORP US N 1 N N Cisco Systems Inc 549300LKFJ962MZ46593 Cisco Systems, Inc 17275R102 1933885.00000000 NS USD 96520200.35000000 0.396480900398 Long EC CORP US N 1 N N N Prosperity Bancshares Inc N/A Prosperity Bancshares, Inc 743606105 41648.00000000 NS USD 2739605.44000000 0.011253615591 Long EC CORP US N 1 N N N Ball Corp 0BGI85ALH27ZJP15DY16 Ball Corp 058498106 153554.00000000 NS USD 10343397.44000000 0.042488095914 Long EC CORP US N 1 N N N 374Water Inc N/A 374Water, Inc 88583P104 29422.00000000 NS USD 37071.72000000 0.000152281376 Long EC CORP US N 1 N N Stagwell Inc 549300KIYTU6J3NYJ009 Stagwell, Inc 85256A109 33238.00000000 NS USD 206740.36000000 0.000849237815 Long EC CORP US N 1 N N N DigitalOcean Holdings Inc 549300EPISPY3RE3DL21 DigitalOcean Holdings, Inc 25402D102 39126.00000000 NS USD 1493830.68000000 0.006136283709 Long EC CORP US N 1 N N SEACOR Marine Holdings Inc 5493003LNKFW1W43N030 SEACOR Marine Holdings, Inc 78413P101 12227.00000000 NS USD 170444.38000000 0.000700142985 Long EC CORP US N 1 N N N Overstock.com Inc 549300ACR0DL9U7EI710 Overstock.com, Inc 690370101 24586.00000000 NS USD 882883.26000000 0.003626664144 Long EC CORP US N 1 N N N Astronics Corp 549300NNXCF8H4MSMK17 Astronics Corp 046433108 15755.00000000 NS USD 299975.20000000 0.001232223275 Long EC CORP US N 1 N N N Avid Bioservices Inc 549300GRUS3ZMGP8MX22 Avid Bioservices, Inc 05368M106 33858.00000000 NS USD 226848.60000000 0.000931837448 Long EC CORP US N 1 N N N Allbirds Inc N/A Allbirds, Inc 01675A109 48382.00000000 NS USD 33581.95000000 0.000137946271 Long EC CORP US N 1 N N Dropbox Inc 549300JCDF7UAR6TJR51 Dropbox, Inc 26210C104 118133.00000000 NS USD 2870631.90000000 0.011791839597 Long EC CORP US N 1 N N N Howmet Aerospace Inc 549300HO5WFZUT5N2T22 Howmet Aerospace, Inc 443201108 188854.00000000 NS USD 12923279.22000000 0.053085606563 Long EC CORP US N 1 N N N Lowe's Cos Inc WAFCR4OKGSC504WU3E95 Lowe's Cos, Inc 548661107 275617.00000000 NS USD 70207918.41000000 0.288396611335 Long EC CORP US N 1 N N N Raytheon Technologies Corp I07WOS4YJ0N7YRFE7309 RTX Corp 75513E101 691265.00000000 NS USD 67419075.45000000 0.276940740296 Long EC CORP US N 1 N N N New York Mortgage Trust Inc 549300JFGR0M7ULHWG48 New York Mortgage Trust, Inc 649604840 18284.00000000 NS USD 131644.80000000 0.000540763991 Long EC CORP US N 1 N N PG&E Corp 8YQ2GSDWYZXO2EDN3511 PG&E Corp 69331C108 982053.00000000 NS USD 16459208.28000000 0.067610320897 Long EC CORP US N 1 N N N Progress Software Corp 549300R65B3JG6972S24 Progress Software Corp 743312100 23997.00000000 NS USD 1279280.07000000 0.005254963335 Long EC CORP US N 1 N N N Vontier Corp N/A Vontier Corp 928881101 71903.00000000 NS USD 3261520.08000000 0.013397510710 Long EC CORP US N 1 N N N Freeport-McMoRan Inc 549300IRDTHJQ1PVET45 Freeport-McMoRan, Inc (Class B) 35671D857 669715.00000000 NS USD 31489999.30000000 0.129353060092 Long EC CORP US N 1 N N N elf Beauty Inc 549300U2K9TCON25C029 elf Beauty, Inc 26856L103 24917.00000000 NS USD 4884479.51000000 0.020064223106 Long EC CORP US N 1 N N N Alarm.com Holdings Inc 549300HIH92U1EKIHZ32 Alarm.com Holdings, Inc 011642105 26945.00000000 NS USD 1952704.15000000 0.008021221431 Long EC CORP US N 1 N N N Arista Networks Inc 635400H1WKBLOQERUU95 Arista Networks, Inc 040413106 120718.00000000 NS USD 35005805.64000000 0.143795115312 Long EC CORP US N 1 N N N Cencora Inc AI8GXW8LG5WK7E9UD086 AmerisourceBergen Corp 03073E105 77495.00000000 NS USD 18830510.05000000 0.077351036907 Long EC CORP US N 1 N N N Timken Co/The B0I35MLPFXZSE70ASS73 Timken Co 887389104 26899.00000000 NS USD 2351779.57000000 0.009660523683 Long EC CORP US N 1 N N N IES Holdings Inc 549300687T8E6LN6EN72 IES Holdings, Inc 44951W106 5334.00000000 NS USD 648827.76000000 0.002665222549 Long EC CORP US N 1 N N N Sterling Infrastructure Inc 549300RZIK6K1215XU51 Sterling Construction Co, Inc 859241101 18886.00000000 NS USD 2083314.66000000 0.008557736817 Long EC CORP US N 1 N N N Netflix Inc 549300Y7VHGU0I7CE873 NetFlix, Inc 64110L106 203300.00000000 NS USD 123470189.00000000 0.507184729513 Long EC CORP US N 1 N N N Ralph Lauren Corp HO1QNWM0IXBZ0QSMMO20 Ralph Lauren Corp 751212101 19684.00000000 NS USD 3695867.84000000 0.015181702935 Long EC CORP US N 1 N N N MillerKnoll Inc U98HXD3PNK7HYU2MU887 Herman Miller, Inc 600544100 37280.00000000 NS USD 923052.80000000 0.003791670592 Long EC CORP US N 1 N N N Kaman Corp 5493003YK076OLTEQF95 Kaman Corp 483548103 15070.00000000 NS USD 691260.90000000 0.002839527301 Long EC CORP US N 1 N N N Mid Penn Bancorp Inc N/A Mid Penn Bancorp, Inc 59540G107 7348.00000000 NS USD 147033.48000000 0.000603976849 Long EC CORP US N 1 N N N QIAGEN NV 54930036WK3GMCN17Z57 QIAGEN NV N72482149 109718.00000000 NS USD 4716776.82000000 0.019375342299 Long EC CORP US N 1 N N N Stride Inc 254900BRWS3AFONWU277 Stride, Inc 86333M108 13194.00000000 NS USD 831881.70000000 0.003417162461 Long EC CORP US N 1 N N N Accenture PLC 5493000EWHDSR3MZWH98 Accenture plc G1151C101 300460.00000000 NS USD 104142440.60000000 0.427791161529 Long EC CORP US N 1 N N N Beacon Roofing Supply Inc 549300HDXQWWCBOYXP31 Beacon Roofing Supply, Inc 073685109 30037.00000000 NS USD 2944226.74000000 0.012094148837 Long EC CORP US N 1 N N N Navient Corp 54930067J0ZNOEBRW338 Navient Corp 63938C108 35663.00000000 NS USD 620536.20000000 0.002549007880 Long EC CORP US N 1 N N N EastGroup Properties Inc 31TIGQQZC4P6JMHKSW85 EastGroup Properties, Inc 277276101 21698.00000000 NS USD 3900649.46000000 0.016022894735 Long EC CORP US N 1 N N N X4 Pharmaceuticals Inc 549300R0UFVPXWP86U94 X4 Pharmaceuticals, Inc 98420X103 61355.00000000 NS USD 85283.45000000 0.000350323133 Long EC CORP US N 1 N N Vishay Precision Group Inc N/A Vishay Precision Group, Inc 92835K103 9508.00000000 NS USD 335917.64000000 0.001379865850 Long EC CORP US N 1 N N N Anterix Inc 549300QIX2QHFGIEQG40 Anterix, Inc 03676C100 7472.00000000 NS USD 251133.92000000 0.001031595483 Long EC CORP US N 1 N N N Laureate Education Inc 5JL7TMOH5TY3IUYSUP91 Laureate Education, Inc 518613203 62559.00000000 NS USD 911484.63000000 0.003744151436 Long EC CORP US N 1 N N N BWX Technologies Inc 549300NP85N265KWMS58 BWX Technologies, Inc 05605H100 40627.00000000 NS USD 4169142.74000000 0.017125798138 Long EC CORP US N 1 N N N Orchid Island Capital Inc 549300KBIHGT19K9DY89 Orchid Island Capital, Inc 68571X301 4738.00000000 NS USD 42310.34000000 0.000173800319 Long EC CORP US N 1 N N AvePoint Inc N/A AvePoint, Inc 053604104 66029.00000000 NS USD 522949.68000000 0.002148146804 Long EC CORP US N 1 N N N Graham Holdings Co 529900BOSCEEEMAFQJ29 Graham Holdings Co 384637104 1473.00000000 NS USD 1130792.64000000 0.004645014022 Long EC CORP US N 1 N N N AutoZone Inc GA3JGKJ41LJKXDN23E90 Autozone, Inc 053332102 8267.00000000 NS USD 26054690.55000000 0.107026167904 Long EC CORP US N 1 N N N Veritex Holdings Inc 549300F3SMOML02SC814 Veritex Holdings, Inc 923451108 22054.00000000 NS USD 451886.46000000 0.001856236828 Long EC CORP US N 1 N N N Burke & Herbert Financial Services Corp N/A Burke & Herbert Financial Services Corp 12135Y108 3114.00000000 NS USD 174477.42000000 0.000716709707 Long EC CORP US N 1 N N OGE Energy Corp CE5OG6JPOZMDSA0LAQ19 OGE Energy Corp 670837103 96380.00000000 NS USD 3305834.00000000 0.013579541237 Long EC CORP US N 1 N N N Primoris Services Corp 549300UF3OLBJ8D5K349 Primoris Services Corp 74164F103 28783.00000000 NS USD 1225292.31000000 0.005033195088 Long EC CORP US N 1 N N N Estee Lauder Cos Inc/The 549300VFZ8XJ9NUPU221 Estee Lauder Cos (Class A) 518439104 111564.00000000 NS USD 17197590.60000000 0.070643411234 Long EC CORP US N 1 N N N NOV Inc 549300EHF3IW1AR6U008 NOV, Inc 62955J103 181097.00000000 NS USD 3535013.44000000 0.014520953194 Long EC CORP US N 1 N N N American Electric Power Co Inc 1B4S6S7G0TW5EE83BO58 American Electric Power Co, Inc 025537101 257385.00000000 NS USD 22160848.50000000 0.091031236311 Long EC CORP US N 1 N N N Agiliti Inc N/A Agiliti, Inc 00848J104 12333.00000000 NS USD 124809.96000000 0.000512688174 Long EC CORP US N 1 N N N Entergy Corp 4XM3TW50JULSLG8BNC79 Entergy Corp 29364G103 99676.00000000 NS USD 10533759.68000000 0.043270056499 Long EC CORP US N 1 N N N VICI Properties Inc 254900RKH6RY9KCJQH63 VICI Properties, Inc 925652109 487538.00000000 NS USD 14523757.02000000 0.059659970033 Long EC CORP US N 1 N N N Science Applications International Corp 549300LZPNZIXQGZPZ48 Science Applications International Corp 808625107 28414.00000000 NS USD 3704901.46000000 0.015218810792 Long EC CORP US N 1 N N N MaxLinear Inc 549300EMOI0SM2IY4F64 MaxLinear, Inc 57776J100 38172.00000000 NS USD 712671.24000000 0.002927475636 Long EC CORP US N 1 N N N Americold Realty Trust Inc 894500O3S3W62PQPO460 Americold Realty Trust, Inc 03064D108 133721.00000000 NS USD 3332327.32000000 0.013688369185 Long EC CORP US N 1 N N N Republic Services Inc NKNQHM6BLECKVOQP7O46 Republic Services, Inc 760759100 97841.00000000 NS USD 18730681.04000000 0.076940964242 Long EC CORP US N 1 N N N Centene Corp 549300Z7JJ4TQSQGT333 Centene Corp 15135B101 258020.00000000 NS USD 20249409.60000000 0.083179522231 Long EC CORP US N 1 N N N JetBlue Airways Corp 54930070J9H97ZO93T57 JetBlue Airways Corp 477143101 124072.00000000 NS USD 920614.24000000 0.003781653596 Long EC CORP US N 1 N N N Marriott International Inc/MD 225YDZ14ZO8E1TXUSU86 Marriott International, Inc (Class A) 571903202 113082.00000000 NS USD 28531719.42000000 0.117201184462 Long EC CORP US N 1 N N N Willdan Group Inc 529900YQO0LF5VAEKN05 Willdan Group, Inc 96924N100 5398.00000000 NS USD 156488.02000000 0.000642813741 Long EC CORP US N 1 N N N Turning Point Brands Inc 549300IYG00QF0VVP302 Turning Point Brands, Inc 90041L105 4760.00000000 NS USD 139468.00000000 0.000572899745 Long EC CORP US N 1 N N N EVgo Inc N/A EVgo, Inc 30052F100 34837.00000000 NS USD 87440.87000000 0.000359185276 Long EC CORP US N 1 N N Cloudflare Inc 5493007DY18BGNLDWU14 Cloudflare, Inc 18915M107 136887.00000000 NS USD 13254768.21000000 0.054447280625 Long EC CORP US N 1 N N N RMR Group Inc/The 549300JP4L34E48UJM16 RMR Group, Inc 74967R106 5123.00000000 NS USD 122952.00000000 0.000505056138 Long EC CORP US N 1 N N N Udemy Inc 2549000T304QU9SAM180 Udemy, Inc 902685106 36983.00000000 NS USD 406073.34000000 0.001668047961 Long EC CORP US N 1 N N N Oil States International Inc 5493004TF4KQJGMYL777 Oil States International, Inc 678026105 38178.00000000 NS USD 235176.48000000 0.000966046301 Long EC CORP US N 1 N N N Sinclair Inc N/A Sinclair, Inc 829242106 11690.00000000 NS USD 157464.30000000 0.000646824055 Long EC CORP US N 1 N N GCI Liberty Inc N/A GCI Liberty, Inc 361ESC049 52848.00000000 NS USD 528.48000000 0.000002170863 Long EC CORP US N 3 N N N InfuSystem Holdings Inc 549300F58N8PHJ4QUI59 InfuSystem Holdings, Inc 45685K102 9354.00000000 NS USD 80163.78000000 0.000329292806 Long EC CORP US N 1 N N Brandywine Realty Trust 5UZ46ZCYUFYYAC0DS831 Brandywine Realty Trust 105368203 92621.00000000 NS USD 444580.80000000 0.001826226999 Long EC CORP US N 1 N N N Shift4 Payments Inc N/A Shift4 Payments, Inc 82452J109 23585.00000000 NS USD 1558260.95000000 0.006400947182 Long EC CORP US N 1 N N NBT Bancorp Inc N/A NBT Bancorp, Inc 628778102 21431.00000000 NS USD 786089.08000000 0.003229057804 Long EC CORP US N 1 N N N Encore Wire Corp N/A Encore Wire Corp 292562105 8964.00000000 NS USD 2355559.92000000 0.009676052418 Long EC CORP US N 1 N N N Tetra Tech Inc 549300UJ1LP7JGJC5P32 Tetra Tech, Inc 88162G103 25107.00000000 NS USD 4637513.97000000 0.019049750288 Long EC CORP US N 1 N N N Pinnacle Financial Partners Inc 54930098EZ8JMSAZGS24 Pinnacle Financial Partners, Inc 72346Q104 41191.00000000 NS USD 3537483.08000000 0.014531097859 Long EC CORP US N 1 N N N Blackstone Inc 5299004LW4QWGZUB8Y96 Blackstone, Inc 09260D107 341674.00000000 NS USD 44885713.38000000 0.184379311184 Long EC CORP US N 1 N N N Sabra Health Care REIT Inc 549300E3BC7GU7TAZ621 Sabra Health Care REIT, Inc 78573L106 116469.00000000 NS USD 1720247.13000000 0.007066345993 Long EC CORP US N 1 N N N DaVita Inc M2XHYMU3TZNEZURC6H66 DaVita, Inc 23918K108 24791.00000000 NS USD 3422397.55000000 0.014058355217 Long EC CORP US N 1 N N N Barnes Group Inc G1MSYD2DQZX30V5DMX12 Barnes Group, Inc 067806109 25595.00000000 NS USD 950854.25000000 0.003905872012 Long EC CORP US N 1 N N N ROBLOX Corp N/A ROBLOX Corp 771049103 227072.00000000 NS USD 8669608.96000000 0.035612590463 Long EC CORP US N 1 N N N C3.ai Inc 549300YDLK0YQO5B1V80 C3.ai, Inc 12468P104 29086.00000000 NS USD 787358.02000000 0.003234270293 Long EC CORP US N 1 N N La-Z-Boy Inc 549300WNO1WMN9ZG2519 La-Z-Boy, Inc 505336107 25091.00000000 NS USD 943923.42000000 0.003877401892 Long EC CORP US N 1 N N N Aspentech Corp 529900B0MZWTVFG7CB96 Aspentech Corp 29109X106 14242.00000000 NS USD 3037533.76000000 0.012477430794 Long EC CORP US N 1 N N N Ford Motor Co 20S05OYHG0MQM4VUIC57 Ford Motor Co 345370860 1903324.00000000 NS USD 25276142.72000000 0.103828087673 Long EC CORP US N 1 N N N Dave & Buster's Entertainment Inc 529900WTVU85QZLYHR86 Dave & Buster's Entertainment, Inc 238337109 23587.00000000 NS USD 1476546.20000000 0.006065283378 Long EC CORP US N 1 N N N American Express Co R4PP93JZOLY261QX3811 American Express Co 025816109 276005.00000000 NS USD 62843578.45000000 0.258145740247 Long EC CORP US N 1 N N N John B Sanfilippo & Son Inc 5299007IBEYVXKYDUX28 John B Sanfilippo & Son, Inc 800422107 5780.00000000 NS USD 612217.60000000 0.002514837147 Long EC CORP US N 1 N N N Chemed Corp 54930020031IDJT2IM79 Chemed Corp 16359R103 6630.00000000 NS USD 4255995.90000000 0.017482569248 Long EC CORP US N 1 N N N Keurig Dr Pepper Inc DYTQ8KRTKO7Y2BVU5K74 Keurig Dr Pepper, Inc 49271V100 474896.00000000 NS USD 14565060.32000000 0.059829633683 Long EC CORP US N 1 N N N Lennox International Inc S7DWAC87RDMPBF77GJ92 Lennox International, Inc 526107107 15315.00000000 NS USD 7485359.40000000 0.030747988752 Long EC CORP US N 1 N N N Academy Sports & Outdoors Inc N/A Academy Sports & Outdoors, Inc 00402L107 36738.00000000 NS USD 2481284.52000000 0.010192497705 Long EC CORP US N 1 N N N 23andMe Holding Co N/A 23andMe Holding Co 90138Q108 88085.00000000 NS USD 46861.22000000 0.000192494199 Long EC CORP US N 1 N N Sonoco Products Co GKOMIK4RDJGHEF0VNP11 Sonoco Products Co 835495102 36841.00000000 NS USD 2130883.44000000 0.008753137497 Long EC CORP US N 1 N N N Cactus Inc 549300J3T8C9F8QFKV08 Cactus, Inc 127203107 29784.00000000 NS USD 1491880.56000000 0.006128273103 Long EC CORP US N 1 N N N Tractor Supply Co 549300OJ9VZHZRO6I137 Tractor Supply Co 892356106 52588.00000000 NS USD 13763331.36000000 0.056536331154 Long EC CORP US N 1 N N N Community Healthcare Trust Inc 549300FATSRCMKOV9536 Community Healthcare Trust, Inc 20369C106 9586.00000000 NS USD 254508.30000000 0.001045456594 Long EC CORP US N 1 N N N Cinemark Holdings Inc 549300LL2QMPTYIE0K55 Cinemark Holdings, Inc 17243V102 58982.00000000 NS USD 1059906.54000000 0.004353831610 Long EC CORP US N 1 N N N Artesian Resources Corp N/A Artesian Resources Corp 043113208 4909.00000000 NS USD 182172.99000000 0.000748321189 Long EC CORP US N 1 N N N Tyler Technologies Inc 25490040SMU4Z8LBCW70 Tyler Technologies, Inc 902252105 19472.00000000 NS USD 8275794.72000000 0.033994899826 Long EC CORP US N 1 N N N Marqeta Inc 254900UZARK0FMZGZE18 Marqeta, Inc 57142B104 222577.00000000 NS USD 1326558.92000000 0.005449173055 Long EC CORP US N 1 N N N Orion SA N/A Orion S.A. L72967109 38461.00000000 NS USD 904602.72000000 0.003715882267 Long EC CORP US N 1 N N N Easterly Government Properties Inc 549300ERMCEFC6S8HL77 Easterly Government Properties, Inc 27616P103 46730.00000000 NS USD 537862.30000000 0.002209404127 Long EC CORP US N 1 N N N EverQuote Inc N/A EverQuote, Inc 30041R108 8345.00000000 NS USD 154883.20000000 0.000636221540 Long EC CORP US N 1 N N N Akero Therapeutics Inc 549300SI3KG74LBE2955 Akero Therapeutics, Inc 00973Y108 22177.00000000 NS USD 560191.02000000 0.002301124937 Long EC CORP US N 1 N N N BRT Apartments Corp N/A BRT Apartments Corp 055645303 6068.00000000 NS USD 101942.40000000 0.000418753943 Long EC CORP US N 1 N N N Coterra Energy Inc FCNMH6O7VWU7LHXMK351 Cabot Oil & Gas Corp 127097103 366836.00000000 NS USD 10227387.68000000 0.042011556766 Long EC CORP US N 1 N N N Acadia Realty Trust N/A Acadia Realty Trust 004239109 46252.00000000 NS USD 786746.52000000 0.003231758403 Long EC CORP US N 1 N N N Sitio Royalties Corp N/A Sitio Royalties Corp 82983N108 33204.00000000 NS USD 820802.88000000 0.003371653433 Long EC CORP US N 1 N N N Duluth Holdings Inc 549300B6G8G3WGHFYU15 Duluth Holdings, Inc 26443V101 7236.00000000 NS USD 35456.40000000 0.000145646044 Long EC CORP US N 1 N N N Veeva Systems Inc 549300YZEXPDB92M2F02 Veeva Systems, Inc 922475108 68213.00000000 NS USD 15804269.97000000 0.064919997732 Long EC CORP US N 1 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 Citigroup, Inc 172967424 913355.00000000 NS USD 57760570.20000000 0.237266010611 Long EC CORP US N 1 N N N Xylem Inc/NY 549300DF5MV96DRYLQ48 Xylem, Inc 98419M100 113012.00000000 NS USD 14605670.88000000 0.059996451731 Long EC CORP US N 1 N N N Genelux Corp N/A Genelux Corp 36870H103 29510.00000000 NS USD 189749.30000000 0.000779442780 Long EC CORP US N 1 N N N PowerSchool Holdings Inc N/A PowerSchool Holdings, Inc 73939C106 23203.00000000 NS USD 493991.87000000 0.002029195346 Long EC CORP US N 1 N N N ICU Medical Inc 5493003NRW7LS2QZRH60 ICU Medical, Inc 44930G107 10885.00000000 NS USD 1168178.20000000 0.004798584574 Long EC CORP US N 1 N N N Perimeter Solutions SA 2221003U8GJZ9U4MR505 Perimeter Solutions S.A. L7579L106 62456.00000000 NS USD 463423.52000000 0.001903628191 Long EC CORP US N 1 N N N Woodward Inc YPYKXXTR8TFDH54ZMB45 Woodward Inc 980745103 30482.00000000 NS USD 4697885.84000000 0.019297742866 Long EC CORP US N 1 N N N Gorman-Rupp Co/The 254900WVLPOIWPGJPA07 Gorman-Rupp Co 383082104 12385.00000000 NS USD 489826.75000000 0.002012086072 Long EC CORP US N 1 N N N Fidelity D&D Bancorp Inc N/A Fidelity D&D Bancorp, Inc 31609R100 2294.00000000 NS USD 111098.42000000 0.000456364589 Long EC CORP US N 1 N N Eagle Pharmaceuticals Inc/DE 549300TN20OLYTJVP152 Eagle Pharmaceuticals, Inc 269796108 6368.00000000 NS USD 33368.32000000 0.000137068732 Long EC CORP US N 1 N N Mastercard Inc AR5L2ODV9HN37376R084 Mastercard, Inc (Class A) 57636Q104 395314.00000000 NS USD 190371362.98000000 0.781998059792 Long EC CORP US N 1 N N N American Equity Investment Life Holding Co 549300RK5RZQ740FPL83 American Equity Investment Life Holding Co 025676206 30850.00000000 NS USD 1734387.00000000 0.007124429051 Long EC CORP US N 1 N N N Vestis Corp 254900QDW0TA2TMFAP59 Vestis Corp 29430C102 54222.00000000 NS USD 1044857.94000000 0.004292015716 Long EC CORP US N 1 N N N South Plains Financial Inc 549300SNEBP48642N493 South Plains Financial, Inc 83946P107 5202.00000000 NS USD 139205.52000000 0.000571821543 Long EC CORP US N 1 N N N John Wiley & Sons Inc 5493003XM719UN7E8P64 John Wiley & Sons, Inc (Class A) 968223206 23547.00000000 NS USD 897847.11000000 0.003688131907 Long EC CORP US N 1 N N N Origin Bancorp Inc 54930055DO2Z4KO3NB45 Origin Bancorp, Inc 68621T102 11057.00000000 NS USD 345420.68000000 0.001418901967 Long EC CORP US N 1 N N N Teekay Corp YHKQM2RIPKZYOZ6RVZ46 Teekay Corp Y8564W103 35750.00000000 NS USD 260260.00000000 0.001069083142 Long EC CORP US N 1 N N N inTEST Corp 549300RJJBPHDOAVDU15 inTEST Corp 461147100 5319.00000000 NS USD 70476.75000000 0.000289500904 Long EC CORP US N 1 N N Core & Main Inc N/A Core & Main, Inc 21874C102 83036.00000000 NS USD 4753811.00000000 0.019527469470 Long EC CORP US N 1 N N N Ladder Capital Corp 549300Q6LLV2QCV67C06 Ladder Capital Corp 505743104 49932.00000000 NS USD 555743.16000000 0.002282854238 Long EC CORP US N 1 N N N MGP Ingredients Inc 2549006OMHFVZ4MS8538 MGP Ingredients, Inc 55303J106 9193.00000000 NS USD 791793.09000000 0.003252488454 Long EC CORP US N 1 N N N Under Armour Inc 549300D4549QKWETZ406 Under Armour, Inc (Class C) 904311206 110542.00000000 NS USD 789269.88000000 0.003242123737 Long EC CORP US N 1 N N N CarMax Inc N/A Carmax, Inc 143130102 78807.00000000 NS USD 6864877.77000000 0.028199205031 Long EC CORP US N 1 N N N NMI Holdings Inc 529900KNNGFXJX1C3Z08 NMI Holdings, Inc 629209305 38864.00000000 NS USD 1256861.76000000 0.005162874512 Long EC CORP US N 1 N N N National Research Corp 549300FQIORB6GZCYT15 National Research Corp 637372202 5598.00000000 NS USD 221736.78000000 0.000910839366 Long EC CORP US N 1 N N N Gaming and Leisure Properties Inc 5493006GWRDBCZYWTM57 Gaming and Leisure Properties, Inc 36467J108 119848.00000000 NS USD 5521397.36000000 0.022680522717 Long EC CORP US N 1 N N N Bank OZK 549300VYK2WBD7SST478 Bank OZK 06417N103 58249.00000000 NS USD 2647999.54000000 0.010877321411 Long EC CORP US N 1 N N N Portland General Electric Co GJOUP9M7C39GLSK9R870 Portland General Electric Co 736508847 40332.00000000 NS USD 1693944.00000000 0.006958299298 Long EC CORP US N 1 N N N Heidrick & Struggles International Inc 5493006284N2J367VB57 Heidrick & Struggles International, Inc 422819102 14300.00000000 NS USD 481338.00000000 0.001977216405 Long EC CORP US N 1 N N N Cogent Communications Holdings Inc N/A Cogent Communications Group, Inc 19239V302 15982.00000000 NS USD 1044104.06000000 0.004288918965 Long EC CORP US N 1 N N N Marathon Digital Holdings Inc 549300M8ISKPTX2W7F94 Marathon Digital Holdings, Inc 565788106 102816.00000000 NS USD 2321585.28000000 0.009536493074 Long EC CORP US N 1 N N N Liberty Latin America Ltd 213800YWQHEAX7CAVO83 Liberty Latin America Ltd (Class C) G9001E128 84348.00000000 NS USD 589592.52000000 0.002421898963 Long EC CORP US N 1 N N N Badger Meter Inc 5493002JENE20OGTUG20 Badger Meter, Inc 056525108 15939.00000000 NS USD 2579089.59000000 0.010594256530 Long EC CORP US N 1 N N N Genesco Inc 549300VY2Q511P1K5P56 Genesco, Inc 371532102 7998.00000000 NS USD 225063.72000000 0.000924505606 Long EC CORP US N 1 N N N Zimvie Inc 549300GFKURT1J6XR665 Zimvie, Inc 98888T107 12899.00000000 NS USD 212704.51000000 0.000873737055 Long EC CORP US N 1 N N N Village Super Market Inc 25490069686XCNNEMQ07 Village Super Market (Class A) 927107409 4843.00000000 NS USD 138558.23000000 0.000569162637 Long EC CORP US N 1 N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 Amgen, Inc 031162100 254785.00000000 NS USD 72440471.20000000 0.297567381154 Long EC CORP US N 1 N N N Replimune Group Inc 549300AY704NEIRC4K64 Replimune Group, Inc 76029N106 10254.00000000 NS USD 83775.18000000 0.000344127536 Long EC CORP US N 1 N N N Axis Capital Holdings Ltd 635400VD2NQBYAHMEM55 Axis Capital Holdings Ltd G0692U109 27757.00000000 NS USD 1804760.14000000 0.007413504351 Long EC CORP US N 1 N N N Xerox Holdings Corp 5493000Y33XDVO2CXC18 Xerox Holdings Corp 98421M106 58625.00000000 NS USD 1049387.50000000 0.004310622018 Long EC CORP US N 1 N N N ADTRAN Holdings Inc 549300VV36J86CRRWF77 ADTRAN Holdings, Inc 00486H105 35649.00000000 NS USD 193930.56000000 0.000796618353 Long EC CORP US N 1 N N N Outbrain Inc 549300TNEHRXPVGWVW07 Outbrain, Inc 69002R103 20470.00000000 NS USD 80856.50000000 0.000332138327 Long EC CORP US N 1 N N N Ideaya Biosciences Inc 549300ULW08F62IJML11 Ideaya Biosciences, Inc 45166A102 31278.00000000 NS USD 1372478.64000000 0.005637799807 Long EC CORP US N 1 N N N Berkshire Hills Bancorp Inc 549300AS2OC6UMMBNO37 Berkshire Hills Bancorp, Inc 084680107 26834.00000000 NS USD 615035.28000000 0.002526411473 Long EC CORP US N 1 N N N Middlesex Water Co N/A Middlesex Water Co 596680108 11759.00000000 NS USD 617347.50000000 0.002535909496 Long EC CORP US N 1 N N N CubeSmart N/A CubeSmart 229663109 110271.00000000 NS USD 4986454.62000000 0.020483111414 Long EC CORP US N 1 N N N TriNet Group Inc 5299003FJVBETSFKE990 TriNet Group, Inc 896288107 15001.00000000 NS USD 1987482.49000000 0.008164082174 Long EC CORP US N 1 N N N Enpro Inc 549300Y5CFT2LKCFDN54 EnPro Industries, Inc 29355X107 11263.00000000 NS USD 1900856.51000000 0.007808244262 Long EC CORP US N 1 N N N United States Steel Corp JNLUVFYJT1OZSIQ24U47 United States Steel Corp 912909108 98029.00000000 NS USD 3997622.62000000 0.016421236280 Long EC CORP US N 1 N N N Marvell Technology Inc N/A Marvell Technology, Inc 573874104 413387.00000000 NS USD 29300870.56000000 0.120360665435 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 Broadcom, Inc 11135F101 205582.00000000 NS USD 272480438.62000000 1.119281655585 Long EC CORP US N 1 N N N S&P Global Inc Y6X4K52KMJMZE7I7MY94 S&P Global, Inc 78409V104 149938.00000000 NS USD 63791122.10000000 0.262038013140 Long EC CORP US N 1 N N N Cytek Biosciences Inc 549300K2J28BOC6FBO89 Cytek Biosciences, Inc 23285D109 51177.00000000 NS USD 343397.67000000 0.001410591947 Long EC CORP US N 1 N N N Ellington Financial Inc 60GS1D1R1YY5G1W7IT74 Ellington Financial, Inc 28852N109 17423.00000000 NS USD 205765.63000000 0.000845233867 Long EC CORP US N 1 N N Synovus Financial Corp 549300EIUS8UN5JTLE54 Synovus Financial Corp 87161C501 74250.00000000 NS USD 2974455.00000000 0.012218318987 Long EC CORP US N 1 N N N Towne Bank/Portsmouth VA 54930039UO39UJGI7078 Towne Bank 89214P109 34516.00000000 NS USD 968518.96000000 0.003978434233 Long EC CORP US N 1 N N N Expensify Inc N/A Expensify, Inc 30219Q106 27561.00000000 NS USD 50712.24000000 0.000208313228 Long EC CORP US N 1 N N Telephone and Data Systems Inc N/A Telephone and Data Systems, Inc 879433829 55138.00000000 NS USD 883310.76000000 0.003628420208 Long EC CORP US N 1 N N N FS Bancorp Inc N/A FS Bancorp, Inc 30263Y104 3291.00000000 NS USD 114230.61000000 0.000469230844 Long EC CORP US N 1 N N N Virtu Financial Inc 5493001OPW2K42CH3884 Virtu Financial, Inc 928254101 51259.00000000 NS USD 1051834.68000000 0.004320674423 Long EC CORP US N 1 N N N Halozyme Therapeutics Inc 529900242I3SV9AGM753 Halozyme Therapeutics, Inc 40637H109 68124.00000000 NS USD 2771284.32000000 0.011383744526 Long EC CORP US N 1 N N N Air Lease Corp 5493004NW4M4P8TMMK63 Air Lease Corp 00912X302 49083.00000000 NS USD 2524829.52000000 0.010371369700 Long EC CORP US N 1 N N N FNB Corp/PA PCYSKIGYNYFDTBLVZU83 FNB Corp 302520101 157037.00000000 NS USD 2214221.70000000 0.009095470275 Long EC CORP US N 1 N N N Rapid7 Inc 549300GNVG5D60KEYN14 Rapid7, Inc 753422104 31056.00000000 NS USD 1522986.24000000 0.006256047475 Long EC CORP US N 1 N N N Colony Bankcorp Inc N/A Colony Bankcorp, Inc 19623P101 8393.00000000 NS USD 96519.50000000 0.000396478023 Long EC CORP US N 1 N N N Atlantic Union Bankshares Corp N/A Atlantic Union Bankshares Corp 04911A107 42326.00000000 NS USD 1494531.06000000 0.006139160695 Long EC CORP US N 1 N N N Tanger Inc UKEW8YSXE4Y581KYOL30 Tanger Factory Outlet Centers, Inc 875465106 54135.00000000 NS USD 1598606.55000000 0.006566676841 Long EC CORP US N 1 N N N Albertsons Cos Inc 549300YKWOC0AOR16R51 Albertsons Cos, Inc 013091103 177508.00000000 NS USD 3805771.52000000 0.015633159830 Long EC CORP US N 1 N N N Cadence Design Systems Inc GCT7RXJOGLXPV0NXZY22 Cadence Design Systems, Inc 127387108 129358.00000000 NS USD 40266558.24000000 0.165404974389 Long EC CORP US N 1 N N N Rocket Lab USA Inc 254900B4DEYFZJ980A14 Rocket Lab USA, Inc 773122106 109316.00000000 NS USD 449288.76000000 0.001845566124 Long EC CORP US N 1 N N Unity Software Inc 549300D1ESJMGNQNG432 Unity Software, Inc 91332U101 143370.00000000 NS USD 3827979.00000000 0.015724382617 Long EC CORP US N 1 N N Axsome Therapeutics Inc 549300EXGR0XLRJEIB95 Axsome Therapeutics, Inc 05464T104 15727.00000000 NS USD 1255014.60000000 0.005155286839 Long EC CORP US N 1 N N Cheesecake Factory Inc/The 529900872XMLK10SY247 Cheesecake Factory 163072101 23639.00000000 NS USD 854549.85000000 0.003510277566 Long EC CORP US N 1 N N Lululemon Athletica Inc 549300D9GZ4BMLDW5T40 Lululemon Athletica, Inc 550021109 52172.00000000 NS USD 20380991.80000000 0.083720029077 Long EC CORP US N 1 N N N Varex Imaging Corp 549300CWYWPVCT8E9W67 Varex Imaging Corp 92214X106 27229.00000000 NS USD 492844.90000000 0.002024483880 Long EC CORP US N 1 N N N Forum Energy Technologies Inc 549300SF93HLCR1REE27 Forum Energy Technologies, Inc 34984V209 5005.00000000 NS USD 99999.90000000 0.000410774638 Long EC CORP US N 1 N N N Old Second Bancorp Inc 549300XVJC1MPUT81C04 Old Second Bancorp, Inc 680277100 21667.00000000 NS USD 299871.28000000 0.001231796397 Long EC CORP US N 1 N N N Omega Therapeutics Inc N/A Omega Therapeutics, Inc 68217N105 12172.00000000 NS USD 44427.80000000 0.000182498317 Long EC CORP US N 1 N N Expeditors International of Washington Inc 984500B055A804AB6E40 Expeditors International Washington, Inc 302130109 69012.00000000 NS USD 8389788.84000000 0.034463159228 Long EC CORP US N 1 N N N Avidity Biosciences Inc N/A Avidity Biosciences, Inc 05370A108 38891.00000000 NS USD 992498.32000000 0.004076935461 Long EC CORP US N 1 N N N First Mid Bancshares Inc N/A First Mid Bancshares, Inc 320866106 7120.00000000 NS USD 232681.60000000 0.000955797956 Long EC CORP US N 1 N N N Everi Holdings Inc 5299006DK5S7BG10K532 Everi Holdings, Inc 30034T103 45885.00000000 NS USD 461144.25000000 0.001894265519 Long EC CORP US N 1 N N N Coherent Corp 549300O5C25A0MMHHU33 Coherent Corp 19247G107 59436.00000000 NS USD 3603010.32000000 0.014800267411 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 ConocoPhillips 20825C104 575677.00000000 NS USD 73272168.56000000 0.300983786393 Long EC CORP US N 1 N N N United Fire Group Inc N/A United Fire Group, Inc 910340108 16104.00000000 NS USD 350584.08000000 0.001440111926 Long EC CORP US N 1 N N N Progyny Inc N/A Progyny, Inc 74340E103 34423.00000000 NS USD 1313237.45000000 0.005394451780 Long EC CORP US N 1 N N N Costco Wholesale Corp 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp 22160K105 211676.00000000 NS USD 155080187.88000000 0.637030717940 Long EC CORP US N 1 N N N A10 Networks Inc 549300UQD4IWUML81Q35 A10 Networks, Inc 002121101 32215.00000000 NS USD 441023.35000000 0.001811613882 Long EC CORP US N 1 N N N FactSet Research Systems Inc 549300ZSJE7NBK6K9P30 Factset Research Systems, Inc 303075105 18222.00000000 NS USD 8279894.58000000 0.034011741028 Long EC CORP US N 1 N N N Peapack-Gladstone Financial Corp 549300G8DN2UK8K0ET30 Peapack Gladstone Financial Corp 704699107 267.00000000 NS USD 6496.11000000 0.000026684399 Long EC CORP US N 1 N N N Cabot Corp K05C0SER542GQ6VLRO68 Cabot Corp 127055101 23466.00000000 NS USD 2163565.20000000 0.008887386013 Long EC CORP US N 1 N N N Bancorp Inc/The N/A Bancorp, Inc 05969A105 18804.00000000 NS USD 629181.84000000 0.002584522012 Long EC CORP US N 1 N N N Gannett Co Inc 549300JQ2PU0RI3ZBA32 Gannett Co, Inc 36472T109 74491.00000000 NS USD 181758.04000000 0.000746616678 Long EC CORP US N 1 N N N AMC Networks Inc 549300VGG9K75226LR46 AMC Networks, Inc 00164V103 16067.00000000 NS USD 194892.71000000 0.000800570625 Long EC CORP US N 1 N N N NV5 Global Inc N/A NV5 Global, Inc 62945V109 5211.00000000 NS USD 510730.11000000 0.002097951860 Long EC CORP US N 1 N N N ABM Industries Inc QF02R89VEIOROM77J447 ABM Industries, Inc 000957100 27128.00000000 NS USD 1210451.36000000 0.004972232168 Long EC CORP US N 1 N N N L3Harris Technologies Inc 549300UTE50ZMDBG8A20 L3Harris Technologies, Inc 502431109 92330.00000000 NS USD 19675523.00000000 0.080822139267 Long EC CORP US N 1 N N N EPR Properties 549300YSSXFHMPOWZ492 EPR Properties 26884U109 22162.00000000 NS USD 940776.90000000 0.003864476773 Long EC CORP US N 1 N N N MSA Safety Inc 529900DVA3258XK11O39 MSA Safety, Inc 553498106 15466.00000000 NS USD 2994062.94000000 0.012298863512 Long EC CORP US N 1 N N N Wyndham Hotels & Resorts Inc 549300FE3MQ4RVXXC673 Wyndham Hotels & Resorts, Inc 98311A105 37299.00000000 NS USD 2862698.25000000 0.011759250142 Long EC CORP US N 1 N N N Southern Copper Corp 2549007U6NAP46Q9TU15 Southern Copper Corp 84265V105 38078.00000000 NS USD 4056068.56000000 0.016661317619 Long EC CORP US N 1 N N Century Communities Inc 5299002QMB2O7ZL1CA26 Century Communities, Inc 156504300 13611.00000000 NS USD 1313461.50000000 0.005395372121 Long EC CORP US N 1 N N N RLJ Lodging Trust N/A RLJ Lodging Trust 74965L101 30023.00000000 NS USD 354871.86000000 0.001457725057 Long EC CORP US N 1 N N N ICON PLC 6354008SRQGEMC4XFI67 ICON plc G4705A100 38381.00000000 NS USD 12894096.95000000 0.052965733080 Long EC CORP US N 1 N N N UiPath Inc 5493000YP61KBELDHT53 UiPath, Inc 90364P105 192445.00000000 NS USD 4362728.15000000 0.017920998701 Long EC CORP US N 1 N N N Amkor Technology Inc 529900VHLRTKPWZJBM84 Amkor Technology, Inc 031652100 55705.00000000 NS USD 1795929.20000000 0.007377229053 Long EC CORP US N 1 N N N Skechers USA Inc 529900D2R54KZPA4XR56 Skechers U.S.A., Inc (Class A) 830566105 61539.00000000 NS USD 3769879.14000000 0.015485722889 Long EC CORP US N 1 N N N MiMedx Group Inc N/A MiMedx Group, Inc 602496101 60615.00000000 NS USD 466735.50000000 0.001917232979 Long EC CORP US N 1 N N N STERIS PLC N/A STERIS plc G8473T100 45324.00000000 NS USD 10189741.68000000 0.041856916391 Long EC CORP US N 1 N N N O-I Glass Inc N/A O-I Glass, Inc 67098H104 59953.00000000 NS USD 994620.27000000 0.004085651902 Long EC CORP US N 1 N N N Snowflake Inc 254900CJNSY1K7T53Z16 Snowflake, Inc 833445109 150198.00000000 NS USD 24271996.80000000 0.099703306777 Long EC CORP US N 1 N N N Evolv Technologies Holdings Inc N/A Evolv Technologies Holdings, Inc 30049H102 43075.00000000 NS USD 191683.75000000 0.000787389018 Long EC CORP US N 1 N N PMV Pharmaceuticals Inc N/A PMV Pharmaceuticals, Inc 69353Y103 14315.00000000 NS USD 24335.50000000 0.000099964162 Long EC CORP US N 1 N N Stoneridge Inc PNBCIH9LE7WI83VJIF08 Stoneridge, Inc 86183P102 20247.00000000 NS USD 373354.68000000 0.001533647870 Long EC CORP US N 1 N N N Bowman Consulting Group Ltd N/A Bowman Consulting Group Ltd 103002101 4978.00000000 NS USD 173184.62000000 0.000711399207 Long EC CORP US N 1 N N N Microvast Holdings Inc 549300J4UX9OMHSTKS35 Microvast Holdings, Inc 59516C106 87434.00000000 NS USD 73182.26000000 0.000300614464 Long EC CORP US N 1 N N CSG Systems International Inc 549300D7FJZUOHHXUA81 CSG Systems International, Inc 126349109 17763.00000000 NS USD 915505.02000000 0.003760666195 Long EC CORP US N 1 N N N AGNC Investment Corp 5TRACI5HRMELWV32OF39 AGNC Investment Corp 00123Q104 331276.00000000 NS USD 3279632.40000000 0.013471911602 Long EC CORP US N 1 N N Immuneering Corp N/A Immuneering Corp 45254E107 10169.00000000 NS USD 29388.41000000 0.000120720255 Long EC CORP US N 1 N N Yum! Brands Inc 549300JE8XHZZ7OHN517 Yum! Brands, Inc 988498101 130045.00000000 NS USD 18030739.25000000 0.074065778010 Long EC CORP US N 1 N N N Gentex Corp 549300S3UD8XV1MN0287 Gentex Corp 371901109 104978.00000000 NS USD 3791805.36000000 0.015575790330 Long EC CORP US N 1 N N N Equity Bancshares Inc 549300BPQ2EJNU4WF694 Equity Bancshares, Inc 29460X109 7477.00000000 NS USD 256984.49000000 0.001055628165 Long EC CORP US N 1 N N N SEI Investments Co 5LJTIFADGZ6XH1RVOC11 SEI Investments Co 784117103 39028.00000000 NS USD 2806113.20000000 0.011526812875 Long EC CORP US N 1 N N N Kosmos Energy Ltd 213800YDFJ3OT9B5P157 Kosmos Energy Ltd 500688106 234852.00000000 NS USD 1399717.92000000 0.005749691973 Long EC CORP US N 1 N N N Edwards Lifesciences Corp YA13X31F3V31L8TMPR58 Edwards Lifesciences Corp 28176E108 291345.00000000 NS USD 27840928.20000000 0.114363586489 Long EC CORP US N 1 N N N Digital Turbine Inc 549300D0WZR1VI2QGB24 Digital Turbine, Inc 25400W102 46104.00000000 NS USD 120792.48000000 0.000496185369 Long EC CORP US N 1 N N N Verve Therapeutics Inc N/A Verve Therapeutics, Inc 92539P101 23209.00000000 NS USD 308215.52000000 0.001266072453 Long EC CORP US N 1 N N Capitol Federal Financial Inc N/A Capitol Federal Financial, Inc 14057J101 33828.00000000 NS USD 201614.88000000 0.000828183622 Long EC CORP US N 1 N N N Bio-Rad Laboratories Inc 549300ZC1GPV35XYDK53 Bio-Rad Laboratories, Inc (Class A) 090572207 10456.00000000 NS USD 3616416.72000000 0.014855337557 Long EC CORP US N 1 N N N Orion Office REIT Inc 254900ZBXYX11W8ZL437 Orion Office REIT, Inc 68629Y103 29999.00000000 NS USD 105296.49000000 0.000432531708 Long EC CORP US N 1 N N N AFC Gamma Inc 5493005G0MGS3E0E7218 AFC Gamma, Inc 00109K105 8101.00000000 NS USD 100290.38000000 0.000411967857 Long EC CORP US N 1 N N N Weave Communications Inc N/A Weave Communications, Inc 94724R108 16330.00000000 NS USD 187468.40000000 0.000770073412 Long EC CORP US N 1 N N N Insight Enterprises Inc 529900S8991TYW6YP792 Insight Enterprises, Inc 45765U103 14981.00000000 NS USD 2779275.12000000 0.011416568739 Long EC CORP US N 1 N N N Shyft Group Inc/The 549300YY0TB51BGRV994 Shyft Group, Inc 825698103 18886.00000000 NS USD 234564.12000000 0.000963530879 Long EC CORP US N 1 N N N Globalstar Inc 549300NEX8I0MSOW0R64 Globalstar, Inc 378973408 331269.00000000 NS USD 486965.43000000 0.002000332484 Long EC CORP US N 1 N N Designer Brands Inc 549300X8J6FI8PPRK859 Designer Brands, Inc 250565108 32814.00000000 NS USD 358657.02000000 0.001473273550 Long EC CORP US N 1 N N Lennar Corp 529900G61XVRLX5TJX09 Lennar Corp (Class B) 526057302 6837.00000000 NS USD 1054128.66000000 0.004330097520 Long EC CORP US N 1 N N N Intrepid Potash Inc 549300OZ696E2PRRTO45 Intrepid Potash, Inc 46121Y201 6735.00000000 NS USD 140492.10000000 0.000577106492 Long EC CORP US N 1 N N N First Advantage Corp 549300RNJ0PXU8FP7D06 First Advantage Corp 31846B108 15944.00000000 NS USD 258611.68000000 0.001062312255 Long EC CORP US N 1 N N N Lithia Motors Inc SE8N1EZEHPZQBCBVKD53 Lithia Motors, Inc (Class A) 536797103 13553.00000000 NS USD 4077555.58000000 0.016749580936 Long EC CORP US N 1 N N N Oscar Health Inc N/A Oscar Health, Inc 687793109 60575.00000000 NS USD 900750.25000000 0.003700057281 Long EC CORP US N 1 N N N NGM Biopharmaceuticals Inc 5493008V5DSDZIGQOP17 NGM Biopharmaceuticals, Inc 62921N105 15360.00000000 NS USD 24422.40000000 0.000100321125 Long EC CORP US N 1 N N Brighthouse Financial Inc 5493003T8SZSHOGGAW52 Brighthouse Financial, Inc 10922N103 25977.00000000 NS USD 1338854.58000000 0.005499680558 Long EC CORP US N 1 N N N Empire Resorts Inc 549300WBFN23L9HI5N68 Empire Resorts, Inc 292ESC035 2242.00000000 NS USD 22.42000000 0.000000092095 Long EC CORP US N 3 N N N Home BancShares Inc/AR N/A Home Bancshares, Inc 436893200 81882.00000000 NS USD 2011840.74000000 0.008264139787 Long EC CORP US N 1 N N N Darden Restaurants Inc CY1NFSCCB5GUXC7WZC70 Darden Restaurants, Inc 237194105 58405.00000000 NS USD 9762395.75000000 0.040101485937 Long EC CORP US N 1 N N N Universal Health Services Inc 549300YGMGQDO0NMJD09 Universal Health Services, Inc (Class B) 913903100 29977.00000000 NS USD 5469603.42000000 0.022467766135 Long EC CORP US N 1 N N N CH Robinson Worldwide Inc 529900WNWN5L0OVDHA79 CH Robinson Worldwide, Inc 12541W209 56673.00000000 NS USD 4315082.22000000 0.017725281108 Long EC CORP US N 1 N N N REVOLUTION Medicines Inc 549300JU3X0LBCQ65892 REVOLUTION Medicines, Inc 76155X100 57859.00000000 NS USD 1864795.57000000 0.007660114918 Long EC CORP US N 1 N N N Installed Building Products Inc 549300I95Y9P9YM5FI86 Installed Building Products, Inc 45780R101 11276.00000000 NS USD 2917439.48000000 0.011984113457 Long EC CORP US N 1 N N N GoPro Inc 549300CQJMLT21SZFL16 GoPro, Inc 38268T103 74136.00000000 NS USD 165323.28000000 0.000679106784 Long EC CORP US N 1 N N N Alcoa Corp 549300T12EZ1F6PWWU29 Alcoa Corp 013872106 99055.00000000 NS USD 3347068.45000000 0.013748922069 Long EC CORP US N 1 N N N Forge Global Holdings Inc N/A Forge Global Holdings, Inc 34629L103 55325.00000000 NS USD 106777.25000000 0.000438614301 Long EC CORP US N 1 N N B&G Foods Inc 549300TRW1LZMDJZAQ78 B&G Foods, Inc (Class A) 05508R106 34958.00000000 NS USD 399919.52000000 0.001642769604 Long EC CORP US N 1 N N Winmark Corp N/A Winmark Corp 974250102 1945.00000000 NS USD 703506.50000000 0.002889829170 Long EC CORP US N 1 N N N Novanta Inc N/A Novanta, Inc 67000B104 18332.00000000 NS USD 3203883.64000000 0.013160754595 Long EC CORP US N 1 N N N ZipRecruiter Inc 549300HLOVNNFCY2IV80 ZipRecruiter, Inc 98980B103 40960.00000000 NS USD 470630.40000000 0.001933232256 Long EC CORP US N 1 N N N Jefferies Financial Group Inc 549300HOF34RGOJ5YL07 Jefferies Financial Group, Inc 47233W109 88592.00000000 NS USD 3906907.20000000 0.016048599969 Long EC CORP US N 1 N N N Kura Sushi USA Inc N/A Kura Sushi USA, Inc 501270102 2885.00000000 NS USD 332236.60000000 0.001364745056 Long EC CORP US N 1 N N Performance Food Group Co 549300EUK8GR9IT1YK57 Performance Food Group Co 71377A103 71529.00000000 NS USD 5338924.56000000 0.021930969983 Long EC CORP US N 1 N N N Marten Transport Ltd N/A Marten Transport Ltd 573075108 34852.00000000 NS USD 644064.96000000 0.002645658155 Long EC CORP US N 1 N N N Pure Cycle Corp N/A Pure Cycle Corp 746228303 11616.00000000 NS USD 110352.00000000 0.000453298482 Long EC CORP US N 1 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 Procter & Gamble Co 742718109 1119200.00000000 NS USD 181590200.00000000 0.745927233248 Long EC CORP US N 1 N N N Unum Group 549300E32YFDO6TZ8R31 Unum Group 91529Y106 84743.00000000 NS USD 4547309.38000000 0.018679212339 Long EC CORP US N 1 N N N Verisk Analytics Inc 549300I1YSWNIRKBWP67 Verisk Analytics, Inc 92345Y106 68472.00000000 NS USD 16140904.56000000 0.066302808634 Long EC CORP US N 1 N N N RAPT Therapeutics Inc 549300MB473BIU78ES48 RAPT Therapeutics, Inc 75382E109 6533.00000000 NS USD 58666.34000000 0.000240986686 Long EC CORP US N 1 N N Lakeland Financial Corp N/A Lakeland Financial Corp 511656100 13317.00000000 NS USD 883183.44000000 0.003627897209 Long EC CORP US N 1 N N N Pinterest Inc N/A Pinterest, Inc 72352L106 277011.00000000 NS USD 9603971.37000000 0.039450718112 Long EC CORP US N 1 N N N Boeing Co/The RVHJWBXLJ1RFUBSY1F30 Boeing Co 097023105 268071.00000000 NS USD 51735022.29000000 0.212514563224 Long EC CORP US N 1 N N N Omnicell Inc 5493008RH0GTKHHPZI77 Omnicell, Inc 68213N109 23061.00000000 NS USD 674073.03000000 0.002768923820 Long EC CORP US N 1 N N N Kemper Corp 549300FNI1JKTRY2PV09 Kemper Corp 488401100 33482.00000000 NS USD 2073205.44000000 0.008516210664 Long EC CORP US N 1 N N N GameStop Corp 549300505KLOET039L77 GameStop Corp (Class A) 36467W109 138452.00000000 NS USD 1733419.04000000 0.007120452913 Long EC CORP US N 1 N N Tango Therapeutics Inc N/A Tango Therapeutics, Inc 87583X109 23918.00000000 NS USD 189908.92000000 0.000780098459 Long EC CORP US N 1 N N N Otis Worldwide Corp 549300ZLBKR8VSU25153 Otis Worldwide Corp 68902V107 190527.00000000 NS USD 18913615.29000000 0.077692412497 Long EC CORP US N 1 N N N EQT Corp 4NT01YGM4X7ZX86ISY52 EQT Corp 26884L109 179575.00000000 NS USD 6656845.25000000 0.027344659345 Long EC CORP US N 1 N N N TransUnion 549300ZS772LUNUMRB03 TransUnion 89400J107 92480.00000000 NS USD 7379904.00000000 0.030314804281 Long EC CORP US N 1 N N N BCB Bancorp Inc 54930024V6Z8FYSN4291 BCB Bancorp, Inc 055298103 7362.00000000 NS USD 76932.90000000 0.000316021157 Long EC CORP US N 1 N N N Affirm Holdings Inc N/A Affirm Holdings, Inc 00827B106 110488.00000000 NS USD 4116782.88000000 0.016910716897 Long EC CORP US N 1 N N N Coca-Cola Consolidated Inc 57VG5X0E00X0QJU7CQ58 Coca-Cola Consolidated Inc 191098102 1804.00000000 NS USD 1526923.64000000 0.006272221332 Long EC CORP US N 1 N N N FLEX LNG Ltd 21380084THHU3MPC3647 FLEX LNG Ltd G35947202 14619.00000000 NS USD 371761.17000000 0.001527102128 Long EC CORP US N 1 N N N American Axle & Manufacturing Holdings Inc N/A American Axle & Manufacturing Holdings, Inc 024061103 60325.00000000 NS USD 443992.00000000 0.001823808356 Long EC CORP US N 1 N N N LPL Financial Holdings Inc 549300XROQ4Y8G2L7682 LPL Financial Holdings, Inc 50212V100 35840.00000000 NS USD 9468928.00000000 0.038895993643 Long EC CORP US N 1 N N N DXC Technology Co 549300DOVZ3EDJB7O259 DXC Technology Co 23355L106 83626.00000000 NS USD 1773707.46000000 0.007285947690 Long EC CORP US N 1 N N N Supernus Pharmaceuticals Inc 549300GRM36VBKISYJ58 Supernus Pharmaceuticals, Inc 868459108 26807.00000000 NS USD 914386.77000000 0.003756072703 Long EC CORP US N 1 N N N United Airlines Holdings Inc 98450079DA0B78DD6764 United Airlines Holdings, Inc 910047109 150341.00000000 NS USD 7198327.08000000 0.029568931598 Long EC CORP US N 1 N N N Fastly Inc 549300E2FZC83FJ3H565 Fastly, Inc 31188V100 58075.00000000 NS USD 753232.75000000 0.003094092198 Long EC CORP US N 1 N N N Cadre Holdings Inc N/A Cadre Holdings, Inc 12763L105 8469.00000000 NS USD 306577.80000000 0.001259345108 Long EC CORP US N 1 N N N AMMO Inc 549300WUBAV2G8RICP63 AMMO, Inc 00175J107 35953.00000000 NS USD 98870.75000000 0.000406136371 Long EC CORP US N 1 N N Mettler-Toledo International Inc 5493000BD5GJNUDIUG10 Mettler-Toledo International, Inc 592688105 10239.00000000 NS USD 13631078.31000000 0.055993068623 Long EC CORP US N 1 N N N Holley Inc 254900EEM9JI9G1A4D88 Holley, Inc 43538H103 26694.00000000 NS USD 119055.24000000 0.000489049220 Long EC CORP US N 1 N N Cassava Sciences Inc 529900XA0UG5JXABYF08 Cassava Sciences, Inc 14817C107 20876.00000000 NS USD 423574.04000000 0.001739936470 Long EC CORP US N 1 N N Goodyear Tire & Rubber Co/The 5493002BI0S2ZQUY3437 Goodyear Tire & Rubber Co 382550101 139195.00000000 NS USD 1911147.35000000 0.007850516465 Long EC CORP US N 1 N N N Bowlero Corp N/A Bowlero Corp 10258P102 19931.00000000 NS USD 273054.70000000 0.001121640578 Long EC CORP US N 1 N N Esquire Financial Holdings Inc N/A Esquire Financial Holdings, Inc 29667J101 3546.00000000 NS USD 168328.62000000 0.000691451971 Long EC CORP US N 1 N N N Mercury General Corp 5493001Q9EXPCEL4W527 Mercury General Corp 589400100 12675.00000000 NS USD 654030.00000000 0.002686592053 Long EC CORP US N 1 N N N Liberty Energy Inc N/A Liberty Energy, Inc 53115L104 42395.00000000 NS USD 878424.40000000 0.003608348260 Long EC CORP US N 1 N N N Darling Ingredients Inc L1N0SPPKS7EXZYUMZ898 Darling International, Inc 237266101 81644.00000000 NS USD 3797262.44000000 0.015598206653 Long EC CORP US N 1 N N N Ingevity Corp 5493009UTFC4B5IMGF87 Ingevity Corp 45688C107 21966.00000000 NS USD 1047778.20000000 0.004304011415 Long EC CORP US N 1 N N N Equity Commonwealth 549300YPGVU9PR4L0606 Equity Commonwealth 294628102 43426.00000000 NS USD 819882.88000000 0.003367874303 Long EC CORP US N 1 N N N CCC Intelligent Solutions Holdings Inc N/A CCC Intelligent Solutions Holdings, Inc 12510Q100 161339.00000000 NS USD 1929614.44000000 0.007926374663 Long EC CORP US N 1 N N N Grocery Outlet Holding Corp N/A Grocery Outlet Holding Corp 39874R101 47990.00000000 NS USD 1381152.20000000 0.005673428627 Long EC CORP US N 1 N N N Axcelis Technologies Inc 529900HF9B6NL1QG9F05 Axcelis Technologies, Inc 054540208 16075.00000000 NS USD 1792684.00000000 0.007363898581 Long EC CORP US N 1 N N N Ranger Energy Services Inc 549300J7RIVGVAN0RE23 Ranger Energy Services, Inc 75282U104 51530.00000000 NS USD 581773.70000000 0.002389781201 Long EC CORP US N 1 N N N Avantor Inc 5493003VM0XB4U8YD238 Avantor, Inc 05352A100 318550.00000000 NS USD 8145323.50000000 0.033458956608 Long EC CORP US N 1 N N N Sanmina Corp X5K24XLM8QYRXF00EB42 Sanmina Corp 801056102 28498.00000000 NS USD 1772005.64000000 0.007278957038 Long EC CORP US N 1 N N N Midland States Bancorp Inc 5493006RHXW9TTBWYC94 Midland States Bancorp, Inc 597742105 10800.00000000 NS USD 271404.00000000 0.001114859914 Long EC CORP US N 1 N N N Kimball Electronics Inc 549300COBYN2GZCBIU87 Kimball Electronics, Inc 49428J109 21162.00000000 NS USD 458157.30000000 0.001881995874 Long EC CORP US N 1 N N N Arlo Technologies Inc 549300T4EUX2OQ75HV52 Arlo Technologies, Inc 04206A101 47303.00000000 NS USD 598382.95000000 0.002458007856 Long EC CORP US N 1 N N N CoStar Group Inc N/A CoStar Group, Inc 22160N109 192612.00000000 NS USD 18606319.20000000 0.076430116833 Long EC CORP US N 1 N N N East West Bancorp Inc N/A East West Bancorp, Inc 27579R104 71752.00000000 NS USD 5676300.72000000 0.023316827070 Long EC CORP US N 1 N N N Markel Group Inc 549300SCNO12JLWIK605 Markel Corp 570535104 6263.00000000 NS USD 9529029.24000000 0.039142874541 Long EC CORP US N 1 N N N Patrick Industries Inc 549300FZ5ZTCCJ3Z5W14 Patrick Industries, Inc 703343103 10528.00000000 NS USD 1257780.16000000 0.005166647070 Long EC CORP US N 1 N N N Hanover Insurance Group Inc/The JJYR6MFKFF6CF8DBZ078 Hanover Insurance Group, Inc 410867105 17079.00000000 NS USD 2325647.43000000 0.009553179372 Long EC CORP US N 1 N N N Public Service Enterprise Group Inc PUSS41EMO3E6XXNV3U28 Public Service Enterprise Group, Inc 744573106 236684.00000000 NS USD 15805757.52000000 0.064926108216 Long EC CORP US N 1 N N N Tapestry Inc 549300LJNVY5SW3VTN33 Tapestry, Inc 876030107 115012.00000000 NS USD 5460769.76000000 0.022431479663 Long EC CORP US N 1 N N N Griffon Corp 5493000C2SGNC7ZN3242 Griffon Corp 398433102 20793.00000000 NS USD 1524958.62000000 0.006264149520 Long EC CORP US N 1 N N N Franklin Covey Co N/A Franklin Covey Co 353469109 7620.00000000 NS USD 299161.20000000 0.001228879566 Long EC CORP US N 1 N N N Premier Financial Corp N/A Premier Financial Corp 74052F108 20188.00000000 NS USD 409816.40000000 0.001683423518 Long EC CORP US N 1 N N N Independent Bank Corp/MI N/A Independent Bank Corp 453838609 17558.00000000 NS USD 445095.30000000 0.001828340437 Long EC CORP US N 1 N N N Fulton Financial Corp 5493005QLZ6O1BNC0C11 Fulton Financial Corp 360271100 75484.00000000 NS USD 1199440.76000000 0.004927003371 Long EC CORP US N 1 N N N Helix Energy Solutions Group Inc 416AP2JOUTCWEGSOZW41 Helix Energy Solutions Group, Inc 42330P107 40320.00000000 NS USD 437068.80000000 0.001795369577 Long EC CORP US N 1 N N N Genpact Ltd 529900OSEC6Q0L4L5B35 Genpact Ltd G3922B107 81103.00000000 NS USD 2672343.85000000 0.010977321762 Long EC CORP US N 1 N N N Smartsheet Inc 549300N9WF42OK9VL589 Smartsheet, Inc 83200N103 66115.00000000 NS USD 2545427.50000000 0.010455981063 Long EC CORP US N 1 N N N Gladstone Commercial Corp 529900EVVV534W8R0T32 Gladstone Commercial Corp 376536108 17811.00000000 NS USD 246504.24000000 0.001012577912 Long EC CORP US N 1 N N N Cass Information Systems Inc 549300G7XPIPR7SJ2F38 Cass Information Systems, Inc 14808P109 10596.00000000 NS USD 510409.32000000 0.002096634134 Long EC CORP US N 1 N N N Chegg Inc 549300AKX7O8JG0O3G77 Chegg, Inc 163092109 54286.00000000 NS USD 410945.02000000 0.001688059607 Long EC CORP US N 1 N N N City Holding Co N/A City Holding Co 177835105 4775.00000000 NS USD 497650.50000000 0.002044224085 Long EC CORP US N 1 N N N Hershey Co/The 21X2CX66SU2BR6QTAD08 Hershey Co 427866108 72018.00000000 NS USD 14007501.00000000 0.057539319113 Long EC CORP US N 1 N N N STATE STREET BANK AND TRUST COMPANY N/A Fixed Income Clearing Corp (FICC) 85748R009 82530000.00000000 PA USD 82530000.00000000 0.339012648039 Long RA CORP US N 2 Repurchase N 5.32000000 2024-04-01 90061700.00000000 USD 84180627.76000000 USD UST N N N Curtiss-Wright Corp TEL51ETZWP7D0ZM4X325 Curtiss-Wright Corp 231561101 16504.00000000 NS USD 4224033.76000000 0.017351276752 Long EC CORP US N 1 N N N CEVA Inc 529900G9T7CVU2J2VU73 Ceva, Inc 157210105 15710.00000000 NS USD 356774.10000000 0.001465538984 Long EC CORP US N 1 N N N ManpowerGroup Inc ERO1WSFOSR0JJ6CRQ987 Manpower, Inc 56418H100 25524.00000000 NS USD 1981683.36000000 0.008140260795 Long EC CORP US N 1 N N N Western Digital Corp 549300QQXOOYEF89IC56 Western Digital Corp 958102105 155579.00000000 NS USD 10616710.96000000 0.043610799660 Long EC CORP US N 1 N N N California Water Service Group 529900QABDOBU6UVRQ36 California Water Service Group 130788102 27522.00000000 NS USD 1279222.56000000 0.005254727099 Long EC CORP US N 1 N N N Hexcel Corp S6Q7LW43WUBUHXY2QP69 Hexcel Corp 428291108 41915.00000000 NS USD 3053507.75000000 0.012543047959 Long EC CORP US N 1 N N N Energy Vault Holdings Inc 549300KMBUKUUIQ6FN34 Energy Vault Holdings, Inc 29280W109 12892.00000000 NS USD 23076.68000000 0.000094793243 Long EC CORP US N 1 N N Avnet Inc XJI53DCPL7QABOWK4Z75 Avnet, Inc 053807103 46118.00000000 NS USD 2286530.44000000 0.009392496538 Long EC CORP US N 1 N N N CVS Health Corp 549300EJG376EN5NQE29 CVS Health Corp 126650100 616011.00000000 NS USD 49133037.36000000 0.201826258349 Long EC CORP US N 1 N N N Planet Labs PBC N/A Planet Labs PBC 72703X106 79689.00000000 NS USD 203206.95000000 0.000834723448 Long EC CORP US N 1 N N Hartford Financial Services Group Inc/The IU7C3FTM7Y3BQM112U94 Hartford Financial Services Group, Inc 416515104 136670.00000000 NS USD 14083843.50000000 0.057852915055 Long EC CORP US N 1 N N N Alpha & Omega Semiconductor Ltd 5493001FE7J03YOV2V35 Alpha & Omega Semiconductor Ltd G6331P104 15539.00000000 NS USD 342479.56000000 0.001406820580 Long EC CORP US N 1 N N N Target Hospitality Corp N/A Target Hospitality Corp 87615L107 21327.00000000 NS USD 231824.49000000 0.000952277162 Long EC CORP US N 1 N N Capstar Financial Holdings Inc N/A Capstar Financial Holdings, Inc 14070T102 5956.00000000 NS USD 119715.60000000 0.000491761814 Long EC CORP US N 1 N N N Healthcare Services Group Inc 529900GVZ1D2FBYMS719 Healthcare Services Group 421906108 40910.00000000 NS USD 510556.80000000 0.002097239945 Long EC CORP US N 1 N N N Pacira BioSciences Inc N/A Pacira BioSciences, Inc 695127100 23821.00000000 NS USD 696049.62000000 0.002859198168 Long EC CORP US N 1 N N N Broadstone Net Lease Inc 549300U8D7PT70B49V21 Broadstone Net Lease, Inc 11135E203 77650.00000000 NS USD 1216775.50000000 0.004998210157 Long EC CORP US N 1 N N N Granite Ridge Resources Inc 254900CAHJQKOQ1YZC67 Granite Ridge Resources, Inc 387432107 109520.00000000 NS USD 711880.00000000 0.002924225419 Long EC CORP US N 1 N N Graco Inc 4T5VJ4S81BRT6Q7GGT78 Graco, Inc 384109104 78611.00000000 NS USD 7346984.06000000 0.030179577381 Long EC CORP US N 1 N N N Alignment Healthcare Inc N/A Alignment Healthcare, Inc 01625V104 14356.00000000 NS USD 71205.76000000 0.000292495495 Long EC CORP US N 1 N N N Silgan Holdings Inc KAF673KJXD92C8KSLU49 Silgan Holdings, Inc 827048109 41605.00000000 NS USD 2020338.80000000 0.008299047698 Long EC CORP US N 1 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 Motorola Solutions, Inc 620076307 77796.00000000 NS USD 27616024.08000000 0.113439736479 Long EC CORP US N 1 N N N MasTec Inc 549300TMDIT8WREDOF45 Mastec, Inc 576323109 32416.00000000 NS USD 3022792.00000000 0.012416875322 Long EC CORP US N 1 N N N St Joe Co/The 529900XVHOT3BF8PWG49 St. Joe Co 790148100 18561.00000000 NS USD 1075981.17000000 0.004419862179 Long EC CORP US N 1 N N N Precigen Inc 549300XCWNQU35K64G19 Precigen, Inc 74017N105 39456.00000000 NS USD 57211.20000000 0.000235009334 Long EC CORP US N 1 N N Hilltop Holdings Inc 54930010TA543US0PM65 Hilltop Holdings, Inc 432748101 35248.00000000 NS USD 1103967.36000000 0.004534822465 Long EC CORP US N 1 N N N Scholar Rock Holding Corp 549300Z1FLPGL4OWJ459 Scholar Rock Holding Corp 80706P103 7676.00000000 NS USD 136325.76000000 0.000559992207 Long EC CORP US N 1 N N N Lightwave Logic Inc N/A Lightwave Logic, Inc 532275104 57291.00000000 NS USD 268121.88000000 0.001101377784 Long EC CORP US N 1 N N Zeta Global Holdings Corp 2549008P9XSJQHGQ9S27 Zeta Global Holdings Corp 98956A105 55743.00000000 NS USD 609270.99000000 0.002502733208 Long EC CORP US N 1 N N N Valley National Bancorp 549300ET52S1UBIB9762 Valley National Bancorp 919794107 218557.00000000 NS USD 1739713.72000000 0.007146309887 Long EC CORP US N 1 N N N Oceaneering International Inc 549300L6PH74701W0R30 Oceaneering International, Inc 675232102 54360.00000000 NS USD 1272024.00000000 0.005225157210 Long EC CORP US N 1 N N N Westinghouse Air Brake Technologies Corp 06BTX5UWZD0GQ5N5Y745 Westinghouse Air Brake Technologies Corp 929740108 81108.00000000 NS USD 11815813.44000000 0.048536413462 Long EC CORP US N 1 N N N Frontier Group Holdings Inc 549300DT3Y2BHO6G7T02 Frontier Group Holdings, Inc 35909R108 18987.00000000 NS USD 153984.57000000 0.000632530193 Long EC CORP US N 1 N N Monte Rosa Therapeutics Inc N/A Monte Rosa Therapeutics, Inc 61225M102 14704.00000000 NS USD 103663.20000000 0.000425822560 Long EC CORP US N 1 N N Comfort Systems USA Inc 5299009DT1ZA5HTU6R38 Comfort Systems USA, Inc 199908104 17475.00000000 NS USD 5551982.25000000 0.022806157814 Long EC CORP US N 1 N N N Jamf Holding Corp 254900IHLXZU4Z5ANA12 Jamf Holding Corp 47074L105 29050.00000000 NS USD 533067.50000000 0.002189708284 Long EC CORP US N 1 N N N NeoGenomics Inc N/A NeoGenomics, Inc 64049M209 58635.00000000 NS USD 921742.20000000 0.003786286974 Long EC CORP US N 1 N N N Goosehead Insurance Inc 549300WH5MBIWHJ9XY95 Goosehead Insurance, Inc 38267D109 9663.00000000 NS USD 643749.06000000 0.002644360517 Long EC CORP US N 1 N N N Tejon Ranch Co 549300TMNDO77VJ6J111 Tejon Ranch Co 879080109 12164.00000000 NS USD 187447.24000000 0.000769986492 Long EC CORP US N 1 N N N Zentalis Pharmaceuticals Inc N/A Zentalis Pharmaceuticals, Inc 98943L107 18143.00000000 NS USD 285933.68000000 0.001174544214 Long EC CORP US N 1 N N N Dorian LPG Ltd 549300WP1W2WGMC7F395 Dorian LPG Ltd Y2106R110 19179.00000000 NS USD 737624.34000000 0.003029976744 Long EC CORP US N 1 N N N Viavi Solutions Inc 5493006K3E3N1QOBF092 Viavi Solutions, Inc 925550105 89946.00000000 NS USD 817609.14000000 0.003358534346 Long EC CORP US N 1 N N N MasterCraft Boat Holdings Inc 549300IXWX41555YJ117 MasterCraft Boat Holdings, Inc 57637H103 13690.00000000 NS USD 324726.80000000 0.001333896672 Long EC CORP US N 1 N N N Horace Mann Educators Corp 254900G5YAV3A2YK8T32 Horace Mann Educators Corp 440327104 3881.00000000 NS USD 143558.19000000 0.000589701225 Long EC CORP US N 1 N N N Comerica Inc I9Q57JVPWHHZ3ZGBW498 Comerica, Inc 200340107 69667.00000000 NS USD 3830988.33000000 0.015736744194 Long EC CORP US N 1 N N N Kinsale Capital Group Inc 529900QTUQHNZ6HOA508 Kinsale Capital Group, Inc 49714P108 10502.00000000 NS USD 5510819.48000000 0.022637071425 Long EC CORP US N 1 N N N Ziff Davis Inc 5493008OJYGLHD7MXA18 Ziff Davis, Inc 48123V102 23417.00000000 NS USD 1476207.68000000 0.006063892822 Long EC CORP US N 1 N N N EW Scripps Co/The 549300U1OW41QPKYW028 EW Scripps Co (Class A) 811054402 31270.00000000 NS USD 122891.10000000 0.000504805976 Long EC CORP US N 1 N N N Independent Bank Group Inc N/A Independent Bank Group, Inc 45384B106 20253.00000000 NS USD 924549.45000000 0.003797818457 Long EC CORP US N 1 N N N ICF International Inc 5493003KYFDDC5B3WY64 ICF International, Inc 44925C103 6267.00000000 NS USD 943998.21000000 0.003877709110 Long EC CORP US N 1 N N N CarParts.com Inc 5493005FSRX4Y7E7H678 CarParts.com, Inc 14427M107 19398.00000000 NS USD 31424.76000000 0.000129085073 Long EC CORP US N 1 N N N Patterson Cos Inc YM48Q2087CUE26GWEK09 Patterson Cos, Inc 703395103 44685.00000000 NS USD 1235540.25000000 0.005075291068 Long EC CORP US N 1 N N N Old Republic International Corp 549300IV6O2YY2A1KH37 Old Republic International Corp 680223104 111944.00000000 NS USD 3438919.68000000 0.014126224004 Long EC CORP US N 1 N N N AMC Entertainment Holdings Inc 549300ZO77UNR6NRBR11 AMC Entertainment Holdings, Inc 00165C302 3196.00000000 NS USD 11889.12000000 0.000048837538 Long EC CORP US N 1 N N N Marathon Petroleum Corp 3BNYRYQHD39K4LCKQF12 Marathon Petroleum Corp 56585A102 176227.00000000 NS USD 35509740.50000000 0.145865153981 Long EC CORP US N 1 N N N Shake Shack Inc 529900J74GJAHYP80N79 Shake Shack, Inc 819047101 20425.00000000 NS USD 2124812.75000000 0.008728200617 Long EC CORP US N 1 N N N Ambarella Inc 254900XN7F4DG0CEKC02 Ambarella, Inc G037AX101 19074.00000000 NS USD 968386.98000000 0.003977892092 Long EC CORP US N 1 N N N Horizon Bancorp Inc/IN 549300U2OQ2EIT5MXG39 Horizon Bancorp, Inc 440407104 2709.00000000 NS USD 34756.47000000 0.000142770906 Long EC CORP US N 1 N N N Inari Medical Inc 254900K1GAHHPGQGTS83 Inari Medical, Inc 45332Y109 24734.00000000 NS USD 1186737.32000000 0.004874820809 Long EC CORP US N 1 N N N Spire Inc 549300NXSY15DRY2R511 Spire, Inc 84857L101 21354.00000000 NS USD 1310494.98000000 0.005383186397 Long EC CORP US N 1 N N N TJX Cos Inc/The V167QI9I69W364E2DY52 TJX Cos, Inc 872540109 538352.00000000 NS USD 54599659.84000000 0.224281779527 Long EC CORP US N 1 N N N LSI Industries Inc 529900HY42OANH6BVT33 LSI Industries, Inc 50216C108 12965.00000000 NS USD 196030.80000000 0.000805245614 Long EC CORP US N 1 N N N Silk Road Medical Inc 549300VL8KC0ZPDQHE14 Silk Road Medical, Inc 82710M100 18916.00000000 NS USD 346541.12000000 0.001423504455 Long EC CORP US N 1 N N N T Rowe Price Group Inc 549300SIV6FPS9Y7IH33 T Rowe Price Group, Inc 74144T108 107019.00000000 NS USD 13047756.48000000 0.053596928089 Long EC CORP US N 1 N N N Packaging Corp of America 549300XZP8MFZFY8TJ84 Packaging Corp of America 695156109 41034.00000000 NS USD 7787432.52000000 0.031988829759 Long EC CORP US N 1 N N N Northfield Bancorp Inc N/A Northfield Bancorp, Inc 66611T108 5388.00000000 NS USD 52371.36000000 0.000215128479 Long EC CORP US N 1 N N N OraSure Technologies Inc 529900GNNJPNM4XHXQ77 OraSure Technologies, Inc 68554V108 40487.00000000 NS USD 248995.05000000 0.001022809538 Long EC CORP US N 1 N N N Atrion Corp N/A Atrion Corp 049904105 1019.00000000 NS USD 472357.45000000 0.001940326547 Long EC CORP US N 1 N N N American Eagle Outfitters Inc 5299001Z9HXK01DHW793 American Eagle Outfitters, Inc 02553E106 85497.00000000 NS USD 2204967.63000000 0.009057456865 Long EC CORP US N 1 N N N COPT Defense Properties YY1J47X6LF9TYY8JY420 Corporate Office Properties Trust 22002T108 61652.00000000 NS USD 1490128.84000000 0.006121077474 Long EC CORP US N 1 N N N BorgWarner Inc 549300DSFX2IE88NSX47 BorgWarner, Inc 099724106 115559.00000000 NS USD 4014519.66000000 0.016490645105 Long EC CORP US N 1 N N N I3 Verticals Inc 549300944CYWVP06CJ97 I3 Verticals, Inc 46571Y107 9245.00000000 NS USD 211618.05000000 0.000869274148 Long EC CORP US N 1 N N N Claros Mortgage Trust Inc 549300Z9LU2CZ3K30C16 Claros Mortgage Trust, Inc 18270D106 47158.00000000 NS USD 460262.08000000 0.001890641785 Long EC CORP US N 1 N N N Nikola Corp 6354007SKFUCHYZAKQ61 Nikola Corp 654110105 88306.00000000 NS USD 91838.24000000 0.000377248575 Long EC CORP US N 1 N N Enanta Pharmaceuticals Inc 529900SSN4DODDQSN594 Enanta Pharmaceuticals, Inc 29251M106 11786.00000000 NS USD 205783.56000000 0.000845307519 Long EC CORP US N 1 N N N Quaker Chemical Corp 549300PJQ1R3WCWCPS54 Quaker Chemical Corp 747316107 7360.00000000 NS USD 1510640.00000000 0.006205332202 Long EC CORP US N 1 N N N Talos Energy Inc 549300OKFHZ84SFJFT95 Talos Energy, Inc 87484T108 55355.00000000 NS USD 771095.15000000 0.003167466481 Long EC CORP US N 1 N N N Third Coast Bancshares Inc N/A Third Coast Bancshares, Inc 88422P109 6549.00000000 NS USD 131110.98000000 0.000538571192 Long EC CORP US N 1 N N N Olin Corp 549300GKK294V7W57P06 Olin Corp 680665205 62167.00000000 NS USD 3655419.60000000 0.015015551657 Long EC CORP US N 1 N N N Credo Technology Group Holding Ltd N/A Credo Technology Group Holding Ltd G25457105 63354.00000000 NS USD 1342471.26000000 0.005514536977 Long EC CORP US N 1 N N N Triumph Group Inc 5493007L6S47Q14SL582 Triumph Group, Inc 896818101 32779.00000000 NS USD 492996.16000000 0.002025105218 Long EC CORP US N 1 N N N Upstart Holdings Inc 549300WNB47JRNENIC75 Upstart Holdings, Inc 91680M107 37848.00000000 NS USD 1017732.72000000 0.004180592080 Long EC CORP US N 1 N N Cross Country Healthcare Inc 54930037L0NBIPZ5S663 Cross Country Healthcare, Inc 227483104 25224.00000000 NS USD 472193.28000000 0.001939652177 Long EC CORP US N 1 N N N Amplitude Inc N/A Amplitude, Inc 03213A104 28669.00000000 NS USD 311918.72000000 0.001281284275 Long EC CORP US N 1 N N N Victoria's Secret & Co 5493006T3O70U3UWVF17 Victoria's Secret & Co 926400102 37799.00000000 NS USD 732544.62000000 0.003009110522 Long EC CORP US N 1 N N N Aehr Test Systems 529900A4GWWZFRU2RE97 Aehr Test Systems 00760J108 12826.00000000 NS USD 159042.40000000 0.000653306496 Long EC CORP US N 1 N N Exxon Mobil Corp J3WHBG0MTS7O8ZVMDC91 Exxon Mobil Corp 30231G102 1906687.00000000 NS USD 221633296.88000000 0.910414284126 Long EC CORP US N 1 N N N Lincoln National Corp EFQMQROEDSNBRIP7LE47 Lincoln National Corp 534187109 63080.00000000 NS USD 2014144.40000000 0.008273602648 Long EC CORP US N 1 N N N Trustmark Corp 5493000HPQ4D2RZ79739 Trustmark Corp 898402102 34442.00000000 NS USD 968164.62000000 0.003976978693 Long EC CORP US N 1 N N N LendingClub Corp 549300YC50YO7Y1OJR92 LendingClub Corp 52603A208 42896.00000000 NS USD 377055.84000000 0.001548851311 Long EC CORP US N 1 N N N VAALCO Energy Inc 549300CFHFVIWB8M6T24 Vaalco Energy, Inc 91851C201 29976.00000000 NS USD 208932.72000000 0.000858243483 Long EC CORP US N 1 N N N Vector Group Ltd 549300TUIF4WWN6NDN50 Vector Group Ltd 92240M108 78380.00000000 NS USD 859044.80000000 0.003528741699 Long EC CORP US N 1 N N N Morphic Holding Inc 549300RWWOUFLHTY1224 Morphic Holding, Inc 61775R105 15005.00000000 NS USD 528176.00000000 0.002169615223 Long EC CORP US N 1 N N N Clipper Realty Inc N/A Clipper Realty, Inc 18885T306 10462.00000000 NS USD 50531.46000000 0.000207570629 Long EC CORP US N 1 N N N US Foods Holding Corp 549300UGOZSO64CFPR97 US Foods Holding Corp 912008109 108028.00000000 NS USD 5830271.16000000 0.023949299221 Long EC CORP US N 1 N N N Orthofix Medical Inc N/A Orthofix Medical, Inc 68752M108 18671.00000000 NS USD 271102.92000000 0.001113623152 Long EC CORP US N 1 N N N Watsco Inc 549300F1Y3LN5BX5WN75 Watsco, Inc 942622200 16513.00000000 NS USD 7133120.61000000 0.029301079689 Long EC CORP US N 1 N N N TETRA Technologies Inc 549300T5W131705EK832 Tetra Technologies, Inc 88162F105 66939.00000000 NS USD 296539.77000000 0.001218111385 Long EC CORP US N 1 N N N Pilgrim's Pride Corp 549300ZSLGV64ZL3HD75 Pilgrim's Pride Corp 72147K108 24393.00000000 NS USD 837167.76000000 0.003438876277 Long EC CORP US N 1 N N N Martin Marietta Materials Inc 5299005MZ4WZECVATV08 Martin Marietta Materials, Inc 573284106 28783.00000000 NS USD 17671035.02000000 0.072588202783 Long EC CORP US N 1 N N N Sierra Bancorp N/A Sierra Bancorp 82620P102 8919.00000000 NS USD 180163.80000000 0.000740067937 Long EC CORP US N 1 N N N American Assets Trust Inc N/A American Assets Trust, Inc 024013104 28646.00000000 NS USD 627633.86000000 0.002578163296 Long EC CORP US N 1 N N N Hillman Solutions Corp N/A Hillman Solutions Corp 431636109 69001.00000000 NS USD 734170.64000000 0.003015789807 Long EC CORP US N 1 N N N Semtech Corp 549300J7WUY317SW6O61 Semtech Corp 816850101 35296.00000000 NS USD 970287.04000000 0.003985697065 Long EC CORP US N 1 N N N IDT Corp 549300JNTN7ZMJDFCL56 IDT Corp 448947507 11096.00000000 NS USD 419539.76000000 0.001723364655 Long EC CORP US N 1 N N N Sportsman's Warehouse Holdings Inc 549300JVV8YLQSRSF462 Sportsman's Warehouse Holdings, Inc 84920Y106 19952.00000000 NS USD 62050.72000000 0.000254888875 Long EC CORP US N 1 N N N Snap-on Inc HHWAT5TDOYZMM26KKQ73 Snap-On, Inc 833034101 23368.00000000 NS USD 6922068.96000000 0.028434132170 Long EC CORP US N 1 N N N Biglari Holdings Inc 549300GLWWSODF8TM682 Biglari Holdings, Inc (B Shares) 08986R309 769.00000000 NS USD 145863.92000000 0.000599172589 Long EC CORP US N 1 N N N Gilead Sciences Inc 549300WTZWR07K8MNV44 Gilead Sciences, Inc 375558103 596877.00000000 NS USD 43721240.25000000 0.179595946113 Long EC CORP US N 1 N N N Appfolio Inc 529900OOUUGT6JFC0S15 Appfolio, Inc 03783C100 9509.00000000 NS USD 2346250.66000000 0.009637812301 Long EC CORP US N 1 N N N Sensient Technologies Corp CMMZHMFZQG86EI7WZU92 Sensient Technologies Corp 81725T100 18559.00000000 NS USD 1284097.21000000 0.005274750945 Long EC CORP US N 1 N N N Assertio Holdings Inc N/A Assertio Holdings, Inc 04546C205 27175.00000000 NS USD 26068.98000000 0.000107084865 Long EC CORP US N 1 N N RingCentral Inc 549300C8EH0H1614VE84 RingCentral, Inc 76680R206 44149.00000000 NS USD 1533736.26000000 0.006300205875 Long EC CORP US N 1 N N N Iridium Communications Inc 549300U620NVQ4J1CT96 Iridium Communications, Inc 46269C102 60764.00000000 NS USD 1589586.24000000 0.006529623658 Long EC CORP US N 1 N N N Truist Financial Corp 549300DRQQI75D2JP341 Truist Financial Corp 89832Q109 634840.00000000 NS USD 24746063.20000000 0.101650653265 Long EC CORP US N 1 N N N Cable One Inc 549300648QS85T0XSH18 Cable One, Inc 12685J105 3042.00000000 NS USD 1287161.46000000 0.005287338119 Long EC CORP US N 1 N N N Liberty Media Corp-Liberty SiriusXM N/A Liberty Media Corp-Liberty SiriusXM (Class A) 531229813 34936.00000000 NS USD 1037599.20000000 0.004262198623 Long EC CORP US N 1 N N N Buckle Inc/The 5299007IU0461T3GDL34 Buckle, Inc 118440106 14004.00000000 NS USD 563941.08000000 0.002316529248 Long EC CORP US N 1 N N N Allakos Inc 549300S6ZD1W6BPMDY37 Allakos, Inc 01671P100 33411.00000000 NS USD 42097.86000000 0.000172927505 Long EC CORP US N 1 N N Axos Financial Inc 529900D8M56422GK9O25 Axos Financial, Inc 05465C100 31941.00000000 NS USD 1726091.64000000 0.007090353782 Long EC CORP US N 1 N N N Wendy's Co/The 529900M0JIUCMWVKHG76 Wendy's Co 95058W100 75359.00000000 NS USD 1419763.56000000 0.005832034460 Long EC CORP US N 1 N N N PPL Corp 9N3UAJSNOUXFKQLF3V18 PPL Corp 69351T106 332474.00000000 NS USD 9153009.22000000 0.037598278119 Long EC CORP US N 1 N N N Camden Property Trust 5493002MYX22OHYJBD89 Camden Property Trust 133131102 52715.00000000 NS USD 5187156.00000000 0.021307542606 Long EC CORP US N 1 N N N Kirby Corp I7NO6FZO5GUCG585T325 Kirby Corp 497266106 25265.00000000 NS USD 2408259.80000000 0.009892530376 Long EC CORP US N 1 N N N Asbury Automotive Group Inc 549300JH4DTA7U42GL91 Asbury Automotive Group, Inc 043436104 7272.00000000 NS USD 1714592.16000000 0.007043116787 Long EC CORP US N 1 N N N Coca-Cola Co/The UWJKFUJFZ02DKWI3RY53 Coca-Cola Co 191216100 1855975.00000000 NS USD 113548550.50000000 0.466429114091 Long EC CORP US N 1 N N N IonQ Inc N/A IonQ, Inc 46222L108 60908.00000000 NS USD 608470.92000000 0.002499446720 Long EC CORP US N 1 N N Tyra Biosciences Inc N/A Tyra Biosciences, Inc 90240B106 6957.00000000 NS USD 114094.80000000 0.000468672970 Long EC CORP US N 1 N N Dollar General Corp OPX52SQVOZI8IVSWYU66 Dollar General Corp 256677105 105007.00000000 NS USD 16387392.42000000 0.067315319262 Long EC CORP US N 1 N N N First Bank/Hamilton NJ 549300YS4CB1171BRJ08 First Bank 31931U102 7950.00000000 NS USD 109233.00000000 0.000448701909 Long EC CORP US N 1 N N N ResMed Inc 529900T3QE5253CCXF22 Resmed, Inc 761152107 70741.00000000 NS USD 14008840.23000000 0.057544820335 Long EC CORP US N 1 N N N Skyward Specialty Insurance Group Inc 549300GXGXJG0YH4VN21 Skyward Specialty Insurance Group, Inc 830940102 5293.00000000 NS USD 198011.13000000 0.000813380316 Long EC CORP US N 1 N N PROCEPT BioRobotics Corp N/A PROCEPT BioRobotics Corp 74276L105 13124.00000000 NS USD 648588.08000000 0.002664238004 Long EC CORP US N 1 N N N Commercial Metals Co 549300OQS2LO07ZJ7N73 Commercial Metals Co 201723103 53154.00000000 NS USD 3123860.58000000 0.012832039831 Long EC CORP US N 1 N N N Ethan Allen Interiors Inc N/A Ethan Allen Interiors, Inc 297602104 18783.00000000 NS USD 649328.31000000 0.002667278684 Long EC CORP US N 1 N N N First Bancshares Inc/The 5493006DL5RXJODMAF36 First Bancshares, Inc 318916103 6018.00000000 NS USD 156167.10000000 0.000641495481 Long EC CORP US N 1 N N N Pitney Bowes Inc 549300N2O26NW4ST6W55 Pitney Bowes, Inc 724479100 95984.00000000 NS USD 415610.72000000 0.001707225139 Long EC CORP US N 1 N N N GoDaddy Inc 549300J8H1TB0I2CB447 GoDaddy, Inc 380237107 68647.00000000 NS USD 8147025.96000000 0.033465949889 Long EC CORP US N 1 N N N Tempur Sealy International Inc 549300HFEKVR3US71V91 Tempur Sealy International, Inc 88023U101 87531.00000000 NS USD 4973511.42000000 0.020429943978 Long EC CORP US N 1 N N N Service Properties Trust 529900IS770AG1K9QG27 Service Properties Trust 81761L102 19689.00000000 NS USD 133491.42000000 0.000548349446 Long EC CORP US N 1 N N N Kimco Realty Corp 254900ARY41P4V1JL861 Kimco Realty Corp 49446R109 335384.00000000 NS USD 6576880.24000000 0.027016183036 Long EC CORP US N 1 N N N Larimar Therapeutics Inc 529900NCBZHTTJV6HX73 Larimar Therapeutics, Inc 517125100 69606.00000000 NS USD 528309.54000000 0.002170163772 Long EC CORP US N 1 N N Customers Bancorp Inc 549300WLBCHYKZ53FN68 Customers Bancorp, Inc 23204G100 19196.00000000 NS USD 1018539.76000000 0.004183907199 Long EC CORP US N 1 N N N MediaAlpha Inc N/A MediaAlpha, Inc 58450V104 9561.00000000 NS USD 194757.57000000 0.000800015503 Long EC CORP US N 1 N N N Flowserve Corp 6Y0GK87T6V7NJKZJVM41 Flowserve Corp 34354P105 55538.00000000 NS USD 2536975.84000000 0.010421263752 Long EC CORP US N 1 N N N AstraZeneca PLC PY6ZZQWO2IZFZC3IOL08 AstraZeneca plc 451CVR021 7208.00000000 NC USD 2234.48000000 0.000009178686 Long EC CORP US N 3 N N N SLM Corp 4K8SLPBF5DXXGPW03H93 SLM Corp 78442P106 126744.00000000 NS USD 2761751.76000000 0.011344587148 Long EC CORP US N 1 N N N NL Industries Inc N/A NL Industries, Inc 629156407 4961.00000000 NS USD 36364.13000000 0.000149374772 Long EC CORP US N 1 N N N Meritage Homes Corp 52990044W9UMFJO2FB97 Meritage Homes Corp 59001A102 17632.00000000 NS USD 3093710.72000000 0.012708191729 Long EC CORP US N 1 N N N American Woodmark Corp 5299007PFSDWMA74RB56 American Woodmark Corp 030506109 10171.00000000 NS USD 1033983.86000000 0.004247347708 Long EC CORP US N 1 N N N UroGen Pharma Ltd 549300C0YCX7CG2G5D50 UroGen Pharma Ltd M96088105 9811.00000000 NS USD 147165.00000000 0.000604517101 Long EC CORP US N 1 N N Revolve Group Inc N/A Revolve Group, Inc 76156B107 19596.00000000 NS USD 414847.32000000 0.001704089282 Long EC CORP US N 1 N N Papa John's International Inc HZYLD3DK5XOX0WBVNB56 Papa John's International, Inc 698813102 18811.00000000 NS USD 1252812.60000000 0.005146241573 Long EC CORP US N 1 N N N Ameriprise Financial Inc 6ZLKQF7QB6JAEKQS5388 Ameriprise Financial, Inc 03076C106 46936.00000000 NS USD 20578619.84000000 0.084531835756 Long EC CORP US N 1 N N N PBF Energy Inc 2549003PBEDCSZMZIY02 PBF Energy, Inc 69318G106 46492.00000000 NS USD 2676544.44000000 0.010994576738 Long EC CORP US N 1 N N N Fate Therapeutics Inc 549300L14Q4UHOODLA90 Fate Therapeutics, Inc 31189P102 42216.00000000 NS USD 309865.44000000 0.001272849913 Long EC CORP US N 1 N N N Universal Display Corp N/A Universal Display Corp 91347P105 20752.00000000 NS USD 3495674.40000000 0.014359358233 Long EC CORP US N 1 N N N BILL Holdings Inc 549300IBF9VZZIGOZW63 BILL Holdings, Inc 090043100 49304.00000000 NS USD 3388170.88000000 0.013917760596 Long EC CORP US N 1 N N N Golden Entertainment Inc 549300P8YYCKQVJ0Y638 Golden Entertainment, Inc 381013101 7389.00000000 NS USD 272136.87000000 0.001117870361 Long EC CORP US N 1 N N N Viant Technology Inc N/A Viant Technology, Inc 92557A101 6012.00000000 NS USD 64087.92000000 0.000263257184 Long EC CORP US N 1 N N N Premier Inc N/A Premier, Inc 74051N102 56653.00000000 NS USD 1252031.30000000 0.005143032187 Long EC CORP US N 1 N N N MannKind Corp 213800GFBCNY1ZFST722 MannKind Corp 56400P706 94899.00000000 NS USD 429892.47000000 0.001765891004 Long EC CORP US N 1 N N Washington Federal Inc N/A Washington Federal, Inc 938824109 25531.00000000 NS USD 741164.93000000 0.003044520605 Long EC CORP US N 1 N N N S&T Bancorp Inc N/A S&T Bancorp, Inc 783859101 13081.00000000 NS USD 419638.48000000 0.001723770172 Long EC CORP US N 1 N N Castle Biosciences Inc N/A Castle Biosciences, Inc 14843C105 11625.00000000 NS USD 257493.75000000 0.001057720078 Long EC CORP US N 1 N N N Axogen Inc N/A Axogen, Inc 05463X106 18090.00000000 NS USD 145986.30000000 0.000599675295 Long EC CORP US N 1 N N N Adtalem Global Education Inc 549300Z467EZLMODV621 Adtalem Global Education, Inc 00737L103 22794.00000000 NS USD 1171611.60000000 0.004812688125 Long EC CORP US N 1 N N N MDC Holdings Inc 5299005FV4VNV75R8R35 MDC Holdings, Inc 552676108 23210.00000000 NS USD 1460141.10000000 0.005997895320 Long EC CORP US N 1 N N N Dime Community Bancshares Inc N/A Dime Community Bancshares, Inc 25432X102 19153.00000000 NS USD 368886.78000000 0.001515294851 Long EC CORP US N 1 N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 ONEOK, Inc 682680103 283462.00000000 NS USD 22725148.54000000 0.093349240077 Long EC CORP US N 1 N N N NetApp Inc QTX3D84DZDD5JYOCYH15 NetApp, Inc 64110D104 98249.00000000 NS USD 10313197.53000000 0.042364042219 Long EC CORP US N 1 N N N Amphenol Corp 549300D3L3G0R4U4VT04 Amphenol Corp (Class A) 032095101 272612.00000000 NS USD 31445794.20000000 0.129171476571 Long EC CORP US N 1 N N N BRC Inc N/A BRC, Inc 05601U105 13162.00000000 NS USD 56333.36000000 0.000231403387 Long EC CORP US N 1 N N HarborOne Bancorp Inc 549300CNOEY2QUB7F917 HarborOne Bancorp, Inc 41165Y100 16668.00000000 NS USD 177680.88000000 0.000729868722 Long EC CORP US N 1 N N N PPG Industries Inc 549300BKPEP01R3V6C59 PPG Industries, Inc 693506107 111158.00000000 NS USD 16106794.20000000 0.066162691786 Long EC CORP US N 1 N N N Warby Parker Inc N/A Warby Parker, Inc 93403J106 42783.00000000 NS USD 582276.63000000 0.002391847112 Long EC CORP US N 1 N N N CONSOL Energy Inc 549300YJCTPJBTK7IJ81 CONSOL Energy, Inc 20854L108 16946.00000000 NS USD 1419396.96000000 0.005830528559 Long EC CORP US N 1 N N N Consolidated Water Co Ltd 5299001BMEW8X9VIJA73 Consolidated Water Co, Inc G23773107 7347.00000000 NS USD 215340.57000000 0.000884565332 Long EC CORP US N 1 N N N Hooker Furniture Corp N/A Hooker Furniture Corp 439038100 5483.00000000 NS USD 131646.83000000 0.000540772330 Long EC CORP US N 1 N N N Amalgamated Financial Corp N/A Amalgamated Financial Corp 022671101 7212.00000000 NS USD 173088.00000000 0.000711002317 Long EC CORP US N 1 N N N Old Dominion Freight Line Inc 5299009TWK32WE417T96 Old Dominion Freight Line 679580100 95028.00000000 NS USD 20840590.68000000 0.085607946602 Long EC CORP US N 1 N N N Innovage Holding Corp N/A Innovage Holding Corp 45784A104 10000.00000000 NS USD 44400.00000000 0.000182384121 Long EC CORP US N 1 N N Brightcove Inc 5493006VI8OCN44T4W47 Brightcove, Inc 10921T101 20694.00000000 NS USD 40146.36000000 0.000164911230 Long EC CORP US N 1 N N N MGE Energy Inc N/A MGE Energy, Inc 55277P104 14433.00000000 NS USD 1136165.76000000 0.004667085458 Long EC CORP US N 1 N N N Synopsys Inc QG7T915N9S0NY5UKNE63 Synopsys, Inc 871607107 71762.00000000 NS USD 41011983.00000000 0.168466993313 Long EC CORP US N 1 N N N HB Fuller Co JSMX3Z5FOYM8V0Q52357 H.B. Fuller Co 359694106 22652.00000000 NS USD 1806270.48000000 0.007419708451 Long EC CORP US N 1 N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 Danaher Corp 235851102 316303.00000000 NS USD 78987185.16000000 0.324459648639 Long EC CORP US N 1 N N N Roper Technologies Inc 54930003T4SXCIWVXY35 Roper Industries, Inc 776696106 49947.00000000 NS USD 28012275.48000000 0.115067438362 Long EC CORP US N 1 N N N Texas Pacific Land Corp N/A Texas Pacific Land Corp 88262P102 8745.00000000 NS USD 5059069.95000000 0.020781397072 Long EC CORP US N 1 N N N Atlassian Corp Ltd 549300AGBII4MWBVJY22 Atlassian Corp Ltd 049468101 75578.00000000 NS USD 14746023.58000000 0.060572985604 Long EC CORP US N 1 N N N Omega Healthcare Investors Inc 549300OJ7ENK42CZ8E73 Omega Healthcare Investors, Inc 681936100 108572.00000000 NS USD 3438475.24000000 0.014124398356 Long EC CORP US N 1 N N N American Vanguard Corp 529900GWI78WZA5M9783 American Vanguard Corp 030371108 20501.00000000 NS USD 265487.95000000 0.001090558257 Long EC CORP US N 1 N N N New York Times Co/The 529900J1WEMMIW7BOH57 New York Times Co (Class A) 650111107 73578.00000000 NS USD 3180041.16000000 0.013062815637 Long EC CORP US N 1 N N N United Community Banks Inc/GA 549300GVW0FV66X3U703 United Community Banks, Inc 90984P303 48352.00000000 NS USD 1272624.64000000 0.005227624490 Long EC CORP US N 1 N N N Apollo Global Management Inc N/A Apollo Global Management, Inc 03769M106 245576.00000000 NS USD 27615021.20000000 0.113435616898 Long EC CORP US N 1 N N N York Water Co/The N/A York Water Co 987184108 9006.00000000 NS USD 326647.62000000 0.001341786921 Long EC CORP US N 1 N N N OPENLANE Inc 5493004HKD20LBSG7D03 OPENLANE, Inc 48238T109 67918.00000000 NS USD 1174981.40000000 0.004826530423 Long EC CORP US N 1 N N N Glacier Bancorp Inc 549300SMJAUKZB5D7V74 Glacier Bancorp, Inc 37637Q105 63141.00000000 NS USD 2543319.48000000 0.010447321843 Long EC CORP US N 1 N N N Origin Materials Inc 549300VMLEEM8BI4DD65 Origin Materials, Inc 68622D106 54529.00000000 NS USD 27809.79000000 0.000114235678 Long EC CORP US N 1 N N Zoom Video Communications Inc 549300T9GCHU0ODOM055 Zoom Video Communications, Inc 98980L101 121590.00000000 NS USD 7948338.30000000 0.032649790556 Long EC CORP US N 1 N N N Sherwin-Williams Co/The Z15BMIOX8DDH0X2OBP21 Sherwin-Williams Co 824348106 112338.00000000 NS USD 39018357.54000000 0.160277677350 Long EC CORP US N 1 N N N DNOW Inc 549300AVH5SOCFVVDW91 DNOW, Inc 67011P100 27073.00000000 NS USD 411509.60000000 0.001690378761 Long EC CORP US N 1 N N N Vital Energy Inc 549300X0PTWU2QSLSL14 Vital Energy, Inc 516806205 6863.00000000 NS USD 360582.02000000 0.001481180969 Long EC CORP US N 1 N N N SiTime Corp N/A SiTime Corp 82982T106 7023.00000000 NS USD 654754.29000000 0.002689567256 Long EC CORP US N 1 N N N DHT Holdings Inc 549300SMD6IVZYT74K40 DHT Holdings, Inc Y2065G121 55111.00000000 NS USD 633776.50000000 0.002603395729 Long EC CORP US N 1 N N N Colgate-Palmolive Co YMEGZFW4SBUSS5BQXF88 Colgate-Palmolive Co 194162103 390835.00000000 NS USD 35194691.75000000 0.144571012323 Long EC CORP US N 1 N N N Diversified Healthcare Trust N/A Diversified Healthcare Trust 25525P107 136618.00000000 NS USD 336080.28000000 0.001380533935 Long EC CORP US N 1 N N N MGM Resorts International 54930066VBP7DZEGGJ87 MGM Resorts International 552953101 132729.00000000 NS USD 6266136.09000000 0.025739723601 Long EC CORP US N 1 N N N Insperity Inc 5299000Q0KW7HY5DB751 Insperity, Inc 45778Q107 19828.00000000 NS USD 2173347.08000000 0.008927567535 Long EC CORP US N 1 N N N Cboe Global Markets Inc 529900RLNSGA90UPEH54 Cboe Global Markets, Inc 12503M108 49547.00000000 NS USD 9103270.31000000 0.037393963087 Long EC CORP US N 1 N N N Clear Channel Outdoor Holdings Inc N/A Clear Channel Outdoor Holdings, Inc 18453H106 198206.00000000 NS USD 327039.90000000 0.001343398309 Long EC CORP US N 1 N N N Capital Bancorp Inc 549300LQKYGWQ7VP0C75 Capital Bancorp, Inc 139737100 4609.00000000 NS USD 96005.47000000 0.000394366516 Long EC CORP US N 1 N N N Sirius XM Holdings Inc 54930055RWDMVXAGZK98 Sirius XM Holdings, Inc 82968B103 319108.00000000 NS USD 1238139.04000000 0.005085966249 Long EC CORP US N 1 N N Synchrony Financial 549300RS7EWPM9MA6C78 Synchrony Financial 87165B103 204642.00000000 NS USD 8824163.04000000 0.036247460062 Long EC CORP US N 1 N N N Gitlab Inc N/A Gitlab, Inc 37637K108 43093.00000000 NS USD 2513183.76000000 0.010323531824 Long EC CORP US N 1 N N N Anavex Life Sciences Corp 549300K1I5L8COCQ8W36 Anavex Life Sciences Corp 032797300 30524.00000000 NS USD 155367.16000000 0.000638209527 Long EC CORP US N 1 N N Xencor Inc 549300V5IF65437JKG30 Xencor, Inc 98401F105 27098.00000000 NS USD 599678.74000000 0.002463330638 Long EC CORP US N 1 N N N WW Grainger Inc 549300TWZSP6O1IH2V34 W.W. Grainger, Inc 384802104 20696.00000000 NS USD 21054040.80000000 0.086484746438 Long EC CORP US N 1 N N N American Financial Group Inc/OH 549300AFOM7IVKIU1G39 American Financial Group, Inc 025932104 34605.00000000 NS USD 4722890.40000000 0.019400455360 Long EC CORP US N 1 N N N Manitowoc Co Inc/The 2RTSLGQ89VMY18RHX631 Manitowoc Co, Inc 563571405 22630.00000000 NS USD 319988.20000000 0.001314431685 Long EC CORP US N 1 N N N WP Carey Inc 54930042CRNE713E3Q67 WP Carey, Inc 92936U109 95747.00000000 NS USD 5403960.68000000 0.022198122137 Long EC CORP US N 1 N N N Select Medical Holdings Corp N/A Select Medical Holdings Corp 81619Q105 34123.00000000 NS USD 1028808.45000000 0.004226088415 Long EC CORP US N 1 N N N Five Below Inc 529900AAXP5Z6BGI7418 Five Below, Inc 33829M101 27604.00000000 NS USD 5006813.52000000 0.020566740696 Long EC CORP US N 1 N N N Analog Devices Inc GYVOE5EZ4GDAVTU4CQ61 Analog Devices, Inc 032654105 236844.00000000 NS USD 46845374.76000000 0.192429111181 Long EC CORP US N 1 N N N Jack Henry & Associates Inc 529900X1QS8C54W0JB21 Jack Henry & Associates, Inc 426281101 33491.00000000 NS USD 5818391.43000000 0.023900500254 Long EC CORP US N 1 N N N Global Water Resources Inc N/A Global Water Resources, Inc 379463102 6410.00000000 NS USD 82304.40000000 0.000338085939 Long EC CORP US N 1 N N N Plug Power Inc 549300JPDKRSJ8JSM954 Plug Power, Inc 72919P202 274975.00000000 NS USD 945914.00000000 0.003885578698 Long EC CORP US N 1 N N Manhattan Associates Inc 529900Q1GJP7KD52SW51 Manhattan Associates, Inc 562750109 29686.00000000 NS USD 7428327.78000000 0.030513717087 Long EC CORP US N 1 N N N Eve Holding Inc N/A Eve Holding, Inc 29970N104 9017.00000000 NS USD 48691.80000000 0.000200013765 Long EC CORP US N 1 N N National Health Investors Inc 549300ZPKZIG6DKDEC02 National Health Investors, Inc 63633D104 9876.00000000 NS USD 620509.08000000 0.002548896478 Long EC CORP US N 1 N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 Simon Property Group, Inc 828806109 154249.00000000 NS USD 24138426.01000000 0.099154631299 Long EC CORP US N 1 N N N nVent Electric PLC N/A nVent Electric plc G6700G107 74858.00000000 NS USD 5644293.20000000 0.023185348164 Long EC CORP US N 1 N N N Universal Technical Institute Inc 2549003YOJGAZ0PVFV48 Universal Technical Institute, Inc 913915104 16593.00000000 NS USD 264492.42000000 0.001086468868 Long EC CORP US N 1 N N N Arrowhead Pharmaceuticals Inc 549300O3CSB8T7OZ3D66 Arrowhead Pharmaceuticals, Inc 04280A100 55310.00000000 NS USD 1581866.00000000 0.006497910838 Long EC CORP US N 1 N N N Carnival Corp F1OF2ZSX47CR0BCWA982 Carnival Corp 143658300 495919.00000000 NS USD 8103316.46000000 0.033286402168 Long EC CORP US N 1 N N N Hain Celestial Group Inc/The 5493000S8QXWHLIXDP75 Hain Celestial Group, Inc 405217100 46022.00000000 NS USD 361732.92000000 0.001485908579 Long EC CORP US N 1 N N N Costamare Inc 5299003L6NPTZ25LN818 Costamare, Inc Y1771G102 23634.00000000 NS USD 268245.90000000 0.001101887227 Long EC CORP US N 1 N N N Bandwidth Inc 549300QC70JB7MUGXM66 Bandwidth, Inc 05988J103 12460.00000000 NS USD 227519.60000000 0.000934593748 Long EC CORP US N 1 N N N fuboTV Inc N/A fuboTV, Inc 35953D104 135594.00000000 NS USD 214238.52000000 0.000880038385 Long EC CORP US N 1 N N Deckers Outdoor Corp 5493008LG4W3I6K8J118 Deckers Outdoor Corp 243537107 12211.00000000 NS USD 11493725.86000000 0.047213358047 Long EC CORP US N 1 N N N Allient Inc 549300I2LHAWYGNBPM97 Allied Motion Technologies, Inc 019330109 6739.00000000 NS USD 240447.52000000 0.000987698418 Long EC CORP US N 1 N N N Andersons Inc/The L38MWB8MVRFV7HVJPU11 Andersons, Inc 034164103 19849.00000000 NS USD 1138737.13000000 0.004677648005 Long EC CORP US N 1 N N N Tilly's Inc N/A Tilly's, Inc 886885102 6790.00000000 NS USD 46172.00000000 0.000189663055 Long EC CORP US N 1 N N N UWM Holdings Corp N/A UWM Holdings Corp 91823B109 23393.00000000 NS USD 169833.18000000 0.000697632328 Long EC CORP US N 1 N N Chevron Corp N/A Chevron Corp 166764100 818795.00000000 NS USD 129156723.30000000 0.530543593577 Long EC CORP US N 1 N N N Carisma Therapeutics Inc 549300DGKHONOZQIY116 Carisma Therapeutics, Inc 14216R101 13320.00000000 NS USD 30236.40000000 0.000124203586 Long EC CORP US N 1 N N Entravision Communications Corp 549300SKHY2ALCLKV539 Entravision Communications Corp (Class A) 29382R107 50932.00000000 NS USD 83528.48000000 0.000343114154 Long EC CORP US N 1 N N N Mr Cooper Group Inc 549300KD8C6DPXYC2M26 Mr Cooper Group, Inc 62482R107 37224.00000000 NS USD 2901610.80000000 0.011919093188 Long EC CORP US N 1 N N N Employers Holdings Inc N/A Employers Holdings, Inc 292218104 6714.00000000 NS USD 304748.46000000 0.001251830636 Long EC CORP US N 1 N N N NewtekOne Inc 549300YLU78IA8GKJ688 NewtekOne, Inc 652526203 11601.00000000 NS USD 127611.00000000 0.000524194147 Long EC CORP US N 1 N N Datadog Inc 549300F6JNO0KRPO1K63 Datadog, Inc 23804L103 133433.00000000 NS USD 16492318.80000000 0.067746330651 Long EC CORP US N 1 N N N Exponent Inc 529900NY3F5Q2NWPUZ42 Exponent, Inc 30214U102 28338.00000000 NS USD 2343269.22000000 0.009625565289 Long EC CORP US N 1 N N N Block Inc 549300OHIIUWSTIZME52 Block, Inc 852234103 267045.00000000 NS USD 22586666.10000000 0.092780388766 Long EC CORP US N 1 N N N Covenant Logistics Group Inc N/A Covenant Logistics Group, Inc 22284P105 8672.00000000 NS USD 402033.92000000 0.001651455032 Long EC CORP US N 1 N N N Dolby Laboratories Inc 549300X04FB2QPCJ5J24 Dolby Laboratories, Inc (Class A) 25659T107 29210.00000000 NS USD 2446921.70000000 0.010051343815 Long EC CORP US N 1 N N N LiveRamp Holdings Inc 254900GXS75LG1X7RF88 LiveRamp Holdings, Inc 53815P108 35615.00000000 NS USD 1228717.50000000 0.005047264914 Long EC CORP US N 1 N N N GLOBALFOUNDRIES Inc 549300BA76VK784VMX48 GLOBALFOUNDRIES, Inc G39387108 39047.00000000 NS USD 2034739.17000000 0.008358200825 Long EC CORP US N 1 N N Zillow Group Inc 2549002XEELQDIR6FU05 Zillow Group, Inc (Class C) 98954M200 74688.00000000 NS USD 3643280.64000000 0.014965687838 Long EC CORP US N 1 N N N ALX Oncology Holdings Inc N/A ALX Oncology Holdings, Inc 00166B105 9675.00000000 NS USD 107876.25000000 0.000443128718 Long EC CORP US N 1 N N OceanFirst Financial Corp N/A OceanFirst Financial Corp 675234108 12012.00000000 NS USD 197116.92000000 0.000809707124 Long EC CORP US N 1 N N N Essex Property Trust Inc 549300TR2H2VEFX0NC60 Essex Property Trust, Inc 297178105 31793.00000000 NS USD 7783244.33000000 0.031971625719 Long EC CORP US N 1 N N N PennyMac Financial Services Inc 549300W1D516HBDEU871 PennyMac Financial Services, Inc 70932M107 9684.00000000 NS USD 882115.56000000 0.003623510624 Long EC CORP US N 1 N N N Stifel Financial Corp 549300E5F07FE5GHJX84 Stifel Financial Corp 860630102 46329.00000000 NS USD 3621537.93000000 0.014876374210 Long EC CORP US N 1 N N N Pactiv Evergreen Inc 894500GNKGJRUSH1F791 Pactiv Evergreen, Inc 69526K105 22477.00000000 NS USD 321870.64000000 0.001322164279 Long EC CORP US N 1 N N N Golden Ocean Group Ltd 549300HQH91CZG0OJL61 Golden Ocean Group Ltd G39637205 62934.00000000 NS USD 815624.64000000 0.003350382515 Long EC CORP US N 1 N N N Ironwood Pharmaceuticals Inc 549300PC8MR6QHH6P296 Ironwood Pharmaceuticals, Inc 46333X108 95014.00000000 NS USD 827571.94000000 0.003399459043 Long EC CORP US N 1 N N N Accolade Inc 549300PHKG8J7A22NF08 Accolade, Inc 00437E102 27471.00000000 NS USD 287896.08000000 0.001182605264 Long EC CORP US N 1 N N N MACOM Technology Solutions Holdings Inc N/A MACOM Technology Solutions Holdings, Inc 55405Y100 26755.00000000 NS USD 2558848.20000000 0.010511109950 Long EC CORP US N 1 N N N Hippo Holdings Inc N/A Hippo Holdings, Inc 433539202 5219.00000000 NS USD 95351.13000000 0.000391678651 Long EC CORP US N 1 N N Avangrid Inc 549300OX0Q38NLSKPB49 Avangrid, Inc 05351W103 33490.00000000 NS USD 1220375.60000000 0.005012998470 Long EC CORP US N 1 N N HEICO Corp 529900O1DTDLCJ7L0I14 HEICO Corp (Class A) 422806208 38786.00000000 NS USD 5970716.84000000 0.024526215032 Long EC CORP US N 1 N N N Elastic NV 2549003I48WHHH937I59 Elastic NV N14506104 37517.00000000 NS USD 3760704.08000000 0.015448034031 Long EC CORP US N 1 N N N National Fuel Gas Co 8JB38FFW1Y3C1HM8E841 National Fuel Gas Co 636180101 31391.00000000 NS USD 1686324.52000000 0.006927000375 Long EC CORP US N 1 N N N Pacific Biosciences of California Inc 529900F1BWRE1M0KZN89 Pacific Biosciences of California, Inc 69404D108 100456.00000000 NS USD 376710.00000000 0.001547430687 Long EC CORP US N 1 N N Repligen Corp 54930006QJ0T5AUO1E71 Repligen Corp 759916109 26192.00000000 NS USD 4817232.64000000 0.019787989743 Long EC CORP US N 1 N N N Encompass Health Corp 549300FVRPM9DRQZRG64 Encompass Health Corp 29261A100 44802.00000000 NS USD 3699749.16000000 0.015197646429 Long EC CORP US N 1 N N N Agilysys Inc 5299001XWB5V3B5IPN93 Agilysys, Inc 00847J105 11056.00000000 NS USD 931578.56000000 0.003826692287 Long EC CORP US N 1 N N N CareDx Inc 549300NQOFKL9NON0U06 CareDx, Inc 14167L103 27306.00000000 NS USD 289170.54000000 0.001187840427 Long EC CORP US N 1 N N Federal Agricultural Mortgage Corp 549300MS654K78GYF580 Federal Agricultural Mortgage Corp (FAMC) 313148306 4507.00000000 NS USD 887338.16000000 0.003644963762 Long EC USGSE US N 1 N N N Graphic Packaging Holding Co N/A Graphic Packaging Holding Co 388689101 145764.00000000 NS USD 4253393.52000000 0.017471879321 Long EC CORP US N 1 N N N Ares Management Corp 529900JUV61FH7B8VW38 Ares Management Corp 03990B101 78238.00000000 NS USD 10404089.24000000 0.042737402686 Long EC CORP US N 1 N N N TKO Group Holdings Inc N/A TKO Group Holdings, Inc 87256C101 29728.00000000 NS USD 2568796.48000000 0.010551975002 Long EC CORP US N 1 N N N Lincoln Electric Holdings Inc BIMGBY40SIN95O01BN93 Lincoln Electric Holdings, Inc 533900106 28514.00000000 NS USD 7283616.16000000 0.029919277858 Long EC CORP US N 1 N N N Nicolet Bankshares Inc N/A Nicolet Bankshares, Inc 65406E102 6480.00000000 NS USD 557215.20000000 0.002288901011 Long EC CORP US N 1 N N N AMETEK Inc 549300WZDEF9KKE40E98 Ametek, Inc 031100100 106449.00000000 NS USD 19469522.10000000 0.079975938969 Long EC CORP US N 1 N N N GMS Inc 52990057RENOQO4U0D72 GMS, Inc 36251C103 14160.00000000 NS USD 1378334.40000000 0.005661853808 Long EC CORP US N 1 N N N SPX Technologies Inc P761FCI0CPOG24I8JE10 SPX Technologies, Inc 78473E103 23935.00000000 NS USD 2947116.55000000 0.012106019455 Long EC CORP US N 1 N N N Advantage Solutions Inc N/A Advantage Solutions, Inc 00791N102 41683.00000000 NS USD 180487.39000000 0.000741397164 Long EC CORP US N 1 N N BrightSpire Capital Inc 549300BOIFLLMVU37752 BrightSpire Capital, Inc 10949T109 46061.00000000 NS USD 317360.29000000 0.001303636887 Long EC CORP US N 1 N N N Enova International Inc 549300O8XOCQSB49UO63 Enova International, Inc 29357K103 14291.00000000 NS USD 897903.53000000 0.003688363666 Long EC CORP US N 1 N N N Rithm Capital Corp 549300WNTHGEO5LP2G31 Rithm Capital Corp 64828T201 175369.00000000 NS USD 1957118.04000000 0.008039352590 Long EC CORP US N 1 N N N Aon PLC 635400FALWQYX5E6QC64 Aon plc G0403H108 95856.00000000 NS USD 31989064.32000000 0.131403094673 Long EC CORP US N 1 N N N Moog Inc 549300WM2I4U7OBAHG07 Moog, Inc (Class A) 615394202 14585.00000000 NS USD 2328495.25000000 0.009564877506 Long EC CORP US N 1 N N N Cricut Inc 254900R3DKAJ28MC0Q39 Cricut, Inc 22658D100 23677.00000000 NS USD 112702.52000000 0.000462953831 Long EC CORP US N 1 N N Assurant Inc H3F39CAXWQRVWURFXL38 Assurant, Inc 04621X108 27795.00000000 NS USD 5232130.80000000 0.021492287863 Long EC CORP US N 1 N N N DTE Energy Co 549300IX8SD6XXD71I78 DTE Energy Co 233331107 102627.00000000 NS USD 11508591.78000000 0.047274423537 Long EC CORP US N 1 N N N Palomar Holdings Inc 549300DOI1MUW11BLX74 Palomar Holdings, Inc 69753M105 13408.00000000 NS USD 1123992.64000000 0.004617081319 Long EC CORP US N 1 N N N Biomea Fusion Inc N/A Biomea Fusion, Inc 09077A106 9809.00000000 NS USD 146644.55000000 0.000602379222 Long EC CORP US N 1 N N Sangamo Therapeutics Inc 2549006WMRKRC4G32Z67 Sangamo Therapeutics Inc 800677106 52234.00000000 NS USD 35007.23000000 0.000143800966 Long EC CORP US N 1 N N N Y-mAbs Therapeutics Inc N/A Y-mAbs Therapeutics, Inc 984241109 19065.00000000 NS USD 309996.90000000 0.001273389918 Long EC CORP US N 1 N N Fastenal Co 529900PP0C7H2HHPSJ32 Fastenal Co 311900104 266692.00000000 NS USD 20572620.88000000 0.084507193525 Long EC CORP US N 1 N N N TechTarget Inc 529900YQA5JL2H2VMB84 TechTarget, Inc 87874R100 12153.00000000 NS USD 402021.24000000 0.001651402946 Long EC CORP US N 1 N N N Laboratory Corp of America Holdings OZ7UA8IXAIFILY2VZH07 Laboratory Corp of America Holdings 50540R409 42144.00000000 NS USD 9206778.24000000 0.037819147837 Long EC CORP US N 1 N N N Xeris Biopharma Holdings Inc N/A Xeris Biopharma Holdings, Inc 98422E103 67913.00000000 NS USD 150087.73000000 0.000616522946 Long EC CORP US N 1 N N N Floor & Decor Holdings Inc 549300M5FR3N688XGQ36 Floor & Decor Holdings, Inc 339750101 49914.00000000 NS USD 6469852.68000000 0.026576540524 Long EC CORP US N 1 N N N Butterfly Network Inc N/A Butterfly Network, Inc 124155102 98379.00000000 NS USD 106249.32000000 0.000436445696 Long EC CORP US N 1 N N Bel Fuse Inc 2549009L4XYDBRRY6X39 Bel Fuse, Inc (Class B) 077347300 5150.00000000 NS USD 310596.50000000 0.001275852925 Long EC CORP US N 1 N N N Brookfield Renewable Corp N/A Brookfield Renewable Corp 11284V105 72027.00000000 NS USD 1769703.39000000 0.007269499969 Long EC CORP US N 1 N N F&G Annuities & Life Inc N/A F&G Annuities & Life, Inc 30190A104 9274.00000000 NS USD 376060.70000000 0.001544763525 Long EC CORP US N 1 N N N Perficient Inc 549300HTBXKL2755T650 Perficient, Inc 71375U101 17663.00000000 NS USD 994250.27000000 0.004084132034 Long EC CORP US N 1 N N N Seaboard Corp 87Q3KOXT29OW9W9YPT70 Seaboard Corp 811543107 127.00000000 NS USD 409437.84000000 0.001681868488 Long EC CORP US N 1 N N N Catalent Inc N/A Catalent, Inc 148806102 85996.00000000 NS USD 4854474.20000000 0.019940968779 Long EC CORP US N 1 N N N Quantum-Si Inc N/A Quantum-Si, Inc 74765K105 46832.00000000 NS USD 92259.04000000 0.000378977116 Long EC CORP US N 1 N N Koppers Holdings Inc N/A Koppers Holdings, Inc 50060P106 15231.00000000 NS USD 840294.27000000 0.003451719200 Long EC CORP US N 1 N N N Columbus McKinnon Corp/NY 549300W3HQB0HO1F3G69 Columbus McKinnon Corp 199333105 14727.00000000 NS USD 657266.01000000 0.002699884775 Long EC CORP US N 1 N N N Assured Guaranty Ltd 549300BBOQUJEPH87M14 Assured Guaranty Ltd G0585R106 28366.00000000 NS USD 2474933.50000000 0.010166409300 Long EC CORP US N 1 N N N Novavax Inc 529900J4GJHPEPQ23205 Novavax, Inc 670002401 40572.00000000 NS USD 193934.16000000 0.000796633141 Long EC CORP US N 1 N N Crane NXT Co 549300EXNPSXEWUD3N21 Crane NXT Co 224441105 21581.00000000 NS USD 1335863.90000000 0.005487395591 Long EC CORP US N 1 N N N Gladstone Land Corp 54930002B3Q17H38FG74 Gladstone Land Corp 376549101 11325.00000000 NS USD 151075.50000000 0.000620580459 Long EC CORP US N 1 N N N Rocky Brands Inc 5299004HQ6GCTW838N96 Rocky Brands, Inc 774515100 3738.00000000 NS USD 101411.94000000 0.000416574946 Long EC CORP US N 1 N N N Ligand Pharmaceuticals Inc 5493008K7TB0IKP37H79 Ligand Pharmaceuticals, Inc (Class B) 53220K504 8586.00000000 NS USD 627636.60000000 0.002578174551 Long EC CORP US N 1 N N N Gates Industrial Corp PLC 549300S6K4FWUSB9KM27 Gates Industrial Corp plc G39108108 79515.00000000 NS USD 1408210.65000000 0.005784577989 Long EC CORP US N 1 N N N Everest Group Ltd 549300N24XF2VV0B3570 Everest Re Group Ltd G3223R108 21082.00000000 NS USD 8380095.00000000 0.034423339352 Long EC CORP US N 1 N N N ProAssurance Corp 54930015E5J57R675E89 ProAssurance Corp 74267C106 37307.00000000 NS USD 479768.02000000 0.001970767319 Long EC CORP US N 1 N N N CoreCard Corp N/A CoreCard Corp 45816D100 3649.00000000 NS USD 40321.45000000 0.000165630456 Long EC CORP US N 1 N N Occidental Petroleum Corp IM7X0T3ECJW4C1T7ON55 Occidental Petroleum Corp 674599105 324172.00000000 NS USD 21067938.28000000 0.086541833818 Long EC CORP US N 1 N N N Evolus Inc 549300VYQRYBQOT8V419 Evolus, Inc 30052C107 17590.00000000 NS USD 246260.00000000 0.001011574635 Long EC CORP US N 1 N N N Seneca Foods Corp N/A Seneca Foods Corp 817070501 5451.00000000 NS USD 310161.90000000 0.001274067697 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 Nvidia Corp 67066G104 1132824.00000000 NS USD 1023574453.44000000 4.204588463903 Long EC CORP US N 1 N N N Silicon Laboratories Inc 4PRDF8Q9TDHRVZKZSZ47 Silicon Laboratories, Inc 826919102 15676.00000000 NS USD 2252954.72000000 0.009254575857 Long EC CORP US N 1 N N N Phillips 66 5493005JBO5YSIGK1814 Phillips 66 718546104 212110.00000000 NS USD 34646047.40000000 0.142317318225 Long EC CORP US N 1 N N N Aviat Networks Inc 549300Z3X8Z4MK52CI65 Aviat Networks, Inc 05366Y201 5662.00000000 NS USD 217081.08000000 0.000891714913 Long EC CORP US N 1 N N N Zynex Inc N/A Zynex, Inc 98986M103 10840.00000000 NS USD 134090.80000000 0.000550811549 Long EC CORP US N 1 N N LGI Homes Inc 549300W02B4WNV8CV109 LGI Homes, Inc 50187T106 12635.00000000 NS USD 1470334.95000000 0.006039769113 Long EC CORP US N 1 N N N James River Group Holdings Ltd N/A James River Group Holdings Ltd G5005R107 19526.00000000 NS USD 181591.80000000 0.000745933805 Long EC CORP US N 1 N N N Masonite International Corp 549300H0H07ZFT4JYM32 Masonite International Corp 575385109 7698.00000000 NS USD 1011902.10000000 0.004156641348 Long EC CORP US N 1 N N N Gogo Inc 549300VL3DIHSFHYTO04 Gogo, Inc 38046C109 13459.00000000 NS USD 118170.02000000 0.000485412957 Long EC CORP US N 1 N N N Cava Group Inc N/A Cava Group, Inc 148929102 23002.00000000 NS USD 1611290.10000000 0.006618777699 Long EC CORP US N 1 N N N TruBridge Inc 5493005Q6CJC78TGL805 Computer Programs & Systems, Inc 205306103 8700.00000000 NS USD 80214.00000000 0.000329499097 Long EC CORP US N 1 N N N Merchants Bancorp/IN 54930008Y0GPVLF81889 Merchants Bancorp 58844R108 8062.00000000 NS USD 348117.16000000 0.001429978434 Long EC CORP US N 1 N N N Pagseguro Digital Ltd N/A Pagseguro Digital Ltd G68707101 98142.00000000 NS USD 1401467.76000000 0.005756879879 Long EC CORP US N 1 N N N Akamai Technologies Inc OC1LZNN2LF5WTJ5RIL89 Akamai Technologies, Inc 00971T101 70255.00000000 NS USD 7640933.80000000 0.031387049570 Long EC CORP US N 1 N N N Doximity Inc N/A Doximity, Inc 26622P107 49456.00000000 NS USD 1330860.96000000 0.005466844762 Long EC CORP US N 1 N N N Compass Inc 254900DMGQSTC3I2IM78 Compass, Inc 20464U100 133621.00000000 NS USD 481035.60000000 0.001975974222 Long EC CORP US N 1 N N N Forward Air Corp N/A Forward Air Corp 349853101 14836.00000000 NS USD 461547.96000000 0.001895923859 Long EC CORP US N 1 N N N Inogen Inc 549300J8WJIVTOJ8IH97 Inogen, Inc 45780L104 12244.00000000 NS USD 98809.08000000 0.000405883046 Long EC CORP US N 1 N N N Trane Technologies PLC 549300BURLR9SLYY2705 Trane Technologies plc G8994E103 108872.00000000 NS USD 32683374.40000000 0.134255147245 Long EC CORP US N 1 N N N Cirrus Logic Inc 549300NKSJEM5ZZSSV18 Cirrus Logic, Inc 172755100 18757.00000000 NS USD 1736147.92000000 0.007131662471 Long EC CORP US N 1 N N N National Presto Industries Inc N/A National Presto Industries, Inc 637215104 3534.00000000 NS USD 296149.20000000 0.001216507021 Long EC CORP US N 1 N N N CECO Environmental Corp 5493002CZCTL4HGLIY91 CECO Environmental Corp 125141101 14787.00000000 NS USD 340396.74000000 0.001398264875 Long EC CORP US N 1 N N N Lineage Cell Therapeutics Inc 5299002BI4W22SDF8R25 Lineage Cell Therapeutics, Inc 53566P109 65652.00000000 NS USD 97164.96000000 0.000399129412 Long EC CORP US N 1 N N Pangaea Logistics Solutions Ltd 54930055ZYLTF0B2VS67 Pangaea Logistics Solutions Ltd G6891L105 18024.00000000 NS USD 125627.28000000 0.000516045521 Long EC CORP US N 1 N N N Equity Residential 5493008RACSH5EP3PI59 Equity Residential 29476L107 180687.00000000 NS USD 11403156.57000000 0.046841322001 Long EC CORP US N 1 N N N Atkore Inc 52990002TI38AM4RPV48 Atkore, Inc 047649108 16113.00000000 NS USD 3067270.68000000 0.012599582642 Long EC CORP US N 1 N N N Atea Pharmaceuticals Inc N/A Atea Pharmaceuticals, Inc 04683R106 35244.00000000 NS USD 142385.76000000 0.000584885175 Long EC CORP US N 1 N N CorVel Corp N/A Corvel Corp 221006109 4814.00000000 NS USD 1265889.44000000 0.005199957968 Long EC CORP US N 1 N N N Lantheus Holdings Inc 5299005HUB5IOJGO7S39 Lantheus Holdings, Inc 516544103 34223.00000000 NS USD 2130039.52000000 0.008749670884 Long EC CORP US N 1 N N N SES AI Corp N/A SES AI Corp 78397Q109 63890.00000000 NS USD 107335.20000000 0.000440906220 Long EC CORP US N 1 N N Century Aluminum Co 549300U5ODNGEYWKSW73 Century Aluminum Co 156431108 12437.00000000 NS USD 191405.43000000 0.000786245749 Long EC CORP US N 1 N N N Willis Towers Watson PLC 549300WHC56FF48KL350 Willis Towers Watson plc G96629103 50392.00000000 NS USD 13857800.00000000 0.056924384757 Long EC CORP US N 1 N N N nLight Inc N/A nLight, Inc 65487K100 20535.00000000 NS USD 266955.00000000 0.001096584532 Long EC CORP US N 1 N N N Universal Logistics Holdings Inc N/A Universal Truckload Services, Inc 91388P105 6297.00000000 NS USD 232170.39000000 0.000953698033 Long EC CORP US N 1 N N N Latham Group Inc N/A Latham Group, Inc 51819L107 12660.00000000 NS USD 50133.60000000 0.000205936320 Long EC CORP US N 1 N N N International Money Express Inc N/A International Money Express, Inc 46005L101 13645.00000000 NS USD 311515.35000000 0.001279627331 Long EC CORP US N 1 N N N KKR Real Estate Finance Trust Inc 549300K23AYZDZ2REL62 KKR Real Estate Finance Trust, Inc 48251K100 17625.00000000 NS USD 177307.50000000 0.000728334970 Long EC CORP US N 1 N N N Mineralys Therapeutics Inc N/A Mineralys Therapeutics, Inc 603170101 7068.00000000 NS USD 91247.88000000 0.000374823523 Long EC CORP US N 1 N N Urban Edge Properties N/A Urban Edge Properties 91704F104 70770.00000000 NS USD 1222197.90000000 0.005020484024 Long EC CORP US N 1 N N N Central Garden & Pet Co 5493004DVZLD37DJ0H83 Central Garden & Pet Co 153527106 7431.00000000 NS USD 318269.73000000 0.001307372639 Long EC CORP US N 1 N N Permian Resources Corp 529900NXUJPOKU7OJ511 Permian Resources Corp 71424F105 216789.00000000 NS USD 3828493.74000000 0.015726497041 Long EC CORP US N 1 N N N Deciphera Pharmaceuticals Inc 529900QR4WAPYY0CBF25 Deciphera Pharmaceuticals, Inc 24344T101 22263.00000000 NS USD 350196.99000000 0.001438521857 Long EC CORP US N 1 N N N RBC Bearings Inc N/A RBC Bearings, Inc 75524B104 13498.00000000 NS USD 3649184.30000000 0.014989938600 Long EC CORP US N 1 N N N Navitas Semiconductor Corp N/A Navitas Semiconductor Corp 63942X106 50806.00000000 NS USD 242344.62000000 0.000995491231 Long EC CORP US N 1 N N N NETSTREIT Corp 254900CJL0EDMEQ25Q84 NETSTREIT Corp 64119V303 21654.00000000 NS USD 397783.98000000 0.001633997339 Long EC CORP US N 1 N N Wintrust Financial Corp Q774KI4AW80FHFW33O61 Wintrust Financial Corp 97650W108 31127.00000000 NS USD 3249347.53000000 0.013347508912 Long EC CORP US N 1 N N N Walmart Inc Y87794H0US1R65VBXU25 Walmart, Inc 931142103 2034547.00000000 NS USD 122418692.99000000 0.502865446262 Long EC CORP US N 1 N N N RPM International Inc 549300TJCKW4BRXPJ474 RPM International, Inc 749685103 57694.00000000 NS USD 6862701.30000000 0.028190264636 Long EC CORP US N 1 N N N Red Violet Inc 549300T4EGADG881UU63 Red Violet, Inc 75704L104 4854.00000000 NS USD 94895.70000000 0.000389807858 Long EC CORP US N 1 N N Carter's Inc 5299003WAQK4R3L3ZU36 Carter's, Inc 146229109 19479.00000000 NS USD 1649481.72000000 0.006775659345 Long EC CORP US N 1 N N N Impinj Inc 549300M26VGKSMMWWN17 Impinj, Inc 453204109 13074.00000000 NS USD 1678832.34000000 0.006896224369 Long EC CORP US N 1 N N Liberty Broadband Corp 549300MIX43II8JLN536 Liberty Broadband Corp (Class A) 530307107 5960.00000000 NS USD 340435.20000000 0.001398422860 Long EC CORP US N 1 N N N Chesapeake Energy Corp X2MT1W32SPAZ9WSKLE78 Chesapeake Energy Corp 165167735 53941.00000000 NS USD 4791579.03000000 0.019682611114 Long EC CORP US N 1 N N N Warrior Met Coal Inc 549300152B1S9YKBYV79 Warrior Met Coal, Inc 93627C101 28082.00000000 NS USD 1704577.40000000 0.007001978652 Long EC CORP US N 1 N N N AT&T Inc 549300Z40J86GGSTL398 AT&T, Inc 00206R102 3437254.00000000 NS USD 60495670.40000000 0.248501119801 Long EC CORP US N 1 N N N Linde PLC 5299003QR1WT0EF88V51 Linde plc G54950103 231199.00000000 NS USD 107350319.68000000 0.440968328396 Long EC CORP US N 1 N N N Zuora Inc 549300ISVGC1YZWQJ420 Zuora, Inc 98983V106 55037.00000000 NS USD 501937.44000000 0.002061833765 Long EC CORP US N 1 N N N Vicor Corp 5299005KMQOTR6B51F09 Vicor Corp 925815102 12845.00000000 NS USD 491192.80000000 0.002017697465 Long EC CORP US N 1 N N N Aramark 549300MR6PG2DWZUIL39 Aramark 03852U106 108444.00000000 NS USD 3526598.88000000 0.014486388281 Long EC CORP US N 1 N N N Vita Coco Co Inc/The 54930020WXOAWHR85Y25 Vita Coco Co, Inc 92846Q107 14289.00000000 NS USD 349080.27000000 0.001433934650 Long EC CORP US N 1 N N N Southwest Gas Holdings Inc N/A Southwest Gas Holdings Inc 844895102 21163.00000000 NS USD 1611139.19000000 0.006618157799 Long EC CORP US N 1 N N N Burlington Stores Inc 5299003Z37DVGKKC1W09 Burlington Stores, Inc 122017106 29889.00000000 NS USD 6939926.91000000 0.028507488173 Long EC CORP US N 1 N N N Catalyst Pharmaceuticals Inc 5299004O0R5XXLA5H544 Catalyst Pharmaceuticals, Inc 14888U101 50782.00000000 NS USD 809465.08000000 0.003325080579 Long EC CORP US N 1 N N Steel Dynamics Inc 549300HGGKEL4FYTTQ83 Steel Dynamics, Inc 858119100 76597.00000000 NS USD 11353973.31000000 0.046639289441 Long EC CORP US N 1 N N N Penske Automotive Group Inc 549300W7UTQ0M4C7LB15 Penske Auto Group, Inc 70959W103 9990.00000000 NS USD 1618280.10000000 0.006647490875 Long EC CORP US N 1 N N N DMC Global Inc 549300CBDXD1Z5MRNG02 DMC Global, Inc 23291C103 9586.00000000 NS USD 186831.14000000 0.000767455707 Long EC CORP US N 1 N N N SolarWinds Corp N/A SolarWinds Corp 83417Q204 19169.00000000 NS USD 241912.78000000 0.000993717340 Long EC CORP US N 1 N N N Liberty Broadband Corp 549300MIX43II8JLN536 Liberty Broadband Corp 530307305 58788.00000000 NS USD 3364437.24000000 0.013820268725 Long EC CORP US N 1 N N N Avanos Medical Inc 549300YCXWOM7NEWMQ58 Avanos Medical, Inc 05350V106 26266.00000000 NS USD 522956.06000000 0.002148173012 Long EC CORP US N 1 N N N Evercore Inc 529900P6KLPT95DW3W58 Evercore Partners, Inc (Class A) 29977A105 18622.00000000 NS USD 3586410.98000000 0.014732081464 Long EC CORP US N 1 N N N BancFirst Corp 549300EJEHGBP4IO2J30 Bancfirst Corp 05945F103 10077.00000000 NS USD 887078.31000000 0.003643896363 Long EC CORP US N 1 N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 Kinder Morgan, Inc 49456B101 909707.00000000 NS USD 16684026.38000000 0.068533817557 Long EC CORP US N 1 N N N Saul Centers Inc N/A Saul Centers, Inc 804395101 6451.00000000 NS USD 248298.99000000 0.001019950298 Long EC CORP US N 1 N N N Myriad Genetics Inc 52990044IHUOUMETT163 Myriad Genetics, Inc 62855J104 46607.00000000 NS USD 993661.24000000 0.004081712446 Long EC CORP US N 1 N N N Shockwave Medical Inc 549300LDXO56IC5Y1538 Shockwave Medical, Inc 82489T104 15932.00000000 NS USD 5187937.16000000 0.021310751417 Long EC CORP US N 1 N N N UniFirst Corp/MA 5493003XBTNWBC8UK019 Unifirst Corp 904708104 8983.00000000 NS USD 1557921.69000000 0.006399553587 Long EC CORP US N 1 N N N Agree Realty Corp N/A Agree Realty Corp 008492100 45529.00000000 NS USD 2600616.48000000 0.010682683623 Long EC CORP US N 1 N N N CTS Corp 549300YV1HQLBVHOI649 CTS Corp 126501105 17421.00000000 NS USD 815128.59000000 0.003348344865 Long EC CORP US N 1 N N N Sprouts Farmers Market Inc 529900P8F4G77Q52XE24 Sprouts Farmers Market, Inc 85208M102 46984.00000000 NS USD 3029528.32000000 0.012444546444 Long EC CORP US N 1 N N N ITT Inc 549300KDSERHTJOXUS80 ITT, Inc 45073V108 39987.00000000 NS USD 5439431.61000000 0.022343827867 Long EC CORP US N 1 N N N Vertex Pharmaceuticals Inc 54930015RAQRRZ5ZGJ91 Vertex Pharmaceuticals, Inc 92532F100 122651.00000000 NS USD 51269344.51000000 0.210601675094 Long EC CORP US N 1 N N N Sun Communities Inc 549300H5GEOJYN41ZG57 Sun Communities, Inc 866674104 60721.00000000 NS USD 7807506.18000000 0.032071287345 Long EC CORP US N 1 N N N Steven Madden Ltd 549300Z9GZ7GYJWSGF43 Steven Madden Ltd 556269108 44766.00000000 NS USD 1892706.48000000 0.007774765972 Long EC CORP US N 1 N N N Regeneron Pharmaceuticals Inc 549300RCBFWIRX3HYQ56 Regeneron Pharmaceuticals, Inc 75886F107 48518.00000000 NS USD 46698089.82000000 0.191824101396 Long EC CORP US N 1 N N N SFL Corp Ltd 549300RLYYPSB0C7RH77 SFL Corp Ltd N/A 45041.00000000 NS USD 593640.38000000 0.002438526562 Long EC CORP US N 1 N N N Janus International Group Inc N/A Janus International Group, Inc 47103N106 41873.00000000 NS USD 633538.49000000 0.002602418043 Long EC CORP US N 1 N N N Avita Medical Inc N/A Avita Medical, Inc 05380C102 12422.00000000 NS USD 199124.66000000 0.000817954419 Long EC CORP US N 1 N N Berry Corp N/A Berry Corp 08579X101 36376.00000000 NS USD 292826.80000000 0.001202859431 Long EC CORP US N 1 N N N Tenet Healthcare Corp 0W9AIBT6U6ADJ2I8HK17 Tenet Healthcare Corp 88033G407 53386.00000000 NS USD 5611402.46000000 0.023050241211 Long EC CORP US N 1 N N N Elanco Animal Health Inc 549300SHPNDCE059M934 Elanco Animal Health, Inc 28414H103 242401.00000000 NS USD 3946288.28000000 0.016210367620 Long EC CORP US N 1 N N N Chipotle Mexican Grill Inc N/A Chipotle Mexican Grill, Inc (Class A) 169656105 13161.00000000 NS USD 38255999.97000000 0.157146102668 Long EC CORP US N 1 N N N ThredUp Inc 549300JKGKTKX3L3XK25 ThredUp, Inc 88556E102 30109.00000000 NS USD 60218.00000000 0.000247360519 Long EC CORP US N 1 N N CBL & Associates Properties Inc 529900EIVFBRS4PUBZ13 CBL & Associates Properties, Inc 124830878 13650.00000000 NS USD 312721.50000000 0.001284581895 Long EC CORP US N 1 N N Clorox Co/The 54930044KVSC06Z79I06 Clorox Co 189054109 61531.00000000 NS USD 9421011.41000000 0.038699164247 Long EC CORP US N 1 N N N Lyft Inc 549300H7I5VN334XVZ52 Lyft, Inc (Class A) 55087P104 154071.00000000 NS USD 2981273.85000000 0.012246329121 Long EC CORP US N 1 N N N FTC Solar Inc 5493009MODNZ2HMPX761 FTC Solar, Inc 30320C103 21243.00000000 NS USD 11449.98000000 0.000047033660 Long EC CORP US N 1 N N First Interstate BancSystem Inc 549300WRWYTYX0RCNJ43 First Interstate BancSystem, Inc 32055Y201 43798.00000000 NS USD 1191743.58000000 0.004895385276 Long EC CORP US N 1 N N N LivaNova PLC 2138001K2FX6SHK2B339 LivaNova plc G5509L101 26810.00000000 NS USD 1499751.40000000 0.006160604550 Long EC CORP US N 1 N N N Hanesbrands Inc GX5LWVWZLL5S4W1L2F20 Hanesbrands, Inc 410345102 156073.00000000 NS USD 905223.40000000 0.003718431866 Long EC CORP US N 1 N N N Blade Air Mobility Inc N/A Blade Air Mobility, Inc 092667104 28768.00000000 NS USD 81988.80000000 0.000336789533 Long EC CORP US N 1 N N Protagonist Therapeutics Inc N/A Protagonist Therapeutics, Inc 74366E102 22557.00000000 NS USD 652574.01000000 0.002680611210 Long EC CORP US N 1 N N N Green Dot Corp N/A Green Dot Corp 39304D102 33057.00000000 NS USD 308421.81000000 0.001266919841 Long EC CORP US N 1 N N N Bank First Corp N/A Bank First Corp 06211J100 3732.00000000 NS USD 323452.44000000 0.001328661919 Long EC CORP US N 1 N N AZZ Inc 549300HD1X2NFLWPYC83 AZZ, Inc 002474104 13571.00000000 NS USD 1049174.01000000 0.004309745054 Long EC CORP US N 1 N N N Universal Corp/VA 549300BZXZ66F6DTIF20 Universal Corp 913456109 11870.00000000 NS USD 613916.40000000 0.002521815393 Long EC CORP US N 1 N N N Figs Inc N/A Figs, Inc 30260D103 65385.00000000 NS USD 325617.30000000 0.001337554624 Long EC CORP US N 1 N N Collegium Pharmaceutical Inc 54930049FXZMTLW8D496 Collegium Pharmaceutical, Inc 19459J104 16286.00000000 NS USD 632222.52000000 0.002597012367 Long EC CORP US N 1 N N N ExlService Holdings Inc 81E3DTNF6OSH489ZOV15 ExlService Holdings, Inc 302081104 86090.00000000 NS USD 2737662.00000000 0.011245632425 Long EC CORP US N 1 N N N Simulations Plus Inc N/A Simulations Plus, Inc 829214105 7680.00000000 NS USD 316032.00000000 0.001298180603 Long EC CORP US N 1 N N N Bank of New York Mellon Corp/The WFLLPEPC7FZXENRZV188 Bank of New York Mellon Corp 064058100 365426.00000000 NS USD 21055846.12000000 0.086492162242 Long EC CORP US N 1 N N N Gritstone bio Inc 5493003TER6KY3MUVY84 Gritstone bio, Inc 39868T105 44572.00000000 NS USD 114550.04000000 0.000470542983 Long EC CORP US N 1 N N International Bancshares Corp 549300Y16R531AU8TX77 International Bancshares Corp 459044103 15656.00000000 NS USD 878927.84000000 0.003610416266 Long EC CORP US N 1 N N N Bluebird Bio Inc N/A Bluebird Bio, Inc 09609G100 33689.00000000 NS USD 43121.92000000 0.000177134088 Long EC CORP US N 1 N N BlueLinx Holdings Inc 549300YSX7GU28F5I540 BlueLinx Holdings, Inc 09624H208 4896.00000000 NS USD 637655.04000000 0.002619327803 Long EC CORP US N 1 N N N RadNet Inc 529900RECG94V2IZJ970 RadNet, Inc 750491102 25914.00000000 NS USD 1260975.24000000 0.005179771661 Long EC CORP US N 1 N N N Bank of Hawaii Corp 5493006Q8BQ8AD8M2U33 Bank of Hawaii Corp 062540109 23380.00000000 NS USD 1458678.20000000 0.005991886092 Long EC CORP US N 1 N N Primo Water Corp 5493005TMUI9D3MY9I37 Primo Water Corp 74167P108 47967.00000000 NS USD 873479.07000000 0.003588034078 Long EC CORP US N 1 N N N AdaptHealth Corp N/A AdaptHealth Corp 00653Q102 42027.00000000 NS USD 483730.77000000 0.001987045308 Long EC CORP US N 1 N N N Arcellx Inc N/A Arcellx, Inc 03940C100 15098.00000000 NS USD 1050065.90000000 0.004313408716 Long EC CORP US N 1 N N N Ardagh Metal Packaging SA 5493009WKQTU4FN9G032 Ardagh Metal Packaging S.A. L02235106 74922.00000000 NS USD 256982.46000000 0.001055619826 Long EC CORP US N 1 N N N AGCO Corp LYOM0B2GCF1JWXK5ZG04 AGCO Corp 001084102 29823.00000000 NS USD 3668825.46000000 0.015070619585 Long EC CORP US N 1 N N N JB Hunt Transport Services Inc 549300XCD1MPI1C5GK90 JB Hunt Transport Services, Inc 445658107 40450.00000000 NS USD 8059662.50000000 0.033107082593 Long EC CORP US N 1 N N N Moelis & Co 549300891QNU7VTQUR83 Moelis & Co 60786M105 33380.00000000 NS USD 1894982.60000000 0.007784115705 Long EC CORP US N 1 N N N BioLife Solutions Inc 549300G2IVCMC2TJDW72 BioLife Solutions, Inc 09062W204 13317.00000000 NS USD 247030.35000000 0.001014739041 Long EC CORP US N 1 N N N Lamar Advertising Co 529900Y8WW4MKVPTB543 Lamar Advertising Co 512816109 37540.00000000 NS USD 4482651.40000000 0.018413613490 Long EC CORP US N 1 N N N National Storage Affiliates Trust N/A National Storage Affiliates Trust 637870106 38309.00000000 NS USD 1500180.44000000 0.006162366939 Long EC CORP US N 1 N N N International Business Machines Corp VGRQXHF3J8VDLUA7XE92 International Business Machines Corp 459200101 434475.00000000 NS USD 82967346.00000000 0.340809156285 Long EC CORP US N 1 N N N LeMaitre Vascular Inc 549300FZUBUB7MHY8R17 LeMaitre Vascular, Inc 525558201 9523.00000000 NS USD 631946.28000000 0.002595877642 Long EC CORP US N 1 N N N Nkarta Inc N/A Nkarta, Inc 65487U108 9374.00000000 NS USD 101332.94000000 0.000416250434 Long EC CORP US N 1 N N Aaron's Co Inc/The N/A Aaron's Co, Inc 00258W108 18402.00000000 NS USD 138015.00000000 0.000566931184 Long EC CORP US N 1 N N N Apollo Commercial Real Estate Finance Inc 549300E0AN7M2AQHSY29 Apollo Commercial Real Estate Finance, Inc 03762U105 68911.00000000 NS USD 767668.54000000 0.003153390822 Long EC CORP US N 1 N N Forrester Research Inc 549300UUSFXYLJ80Z897 Forrester Research, Inc 346563109 7582.00000000 NS USD 163467.92000000 0.000671485428 Long EC CORP US N 1 N N N Lakeland Bancorp Inc 549300NF90LR9ETZDR73 Lakeland Bancorp, Inc 511637100 9106.00000000 NS USD 110182.60000000 0.000452602629 Long EC CORP US N 1 N N N Nutanix Inc 549300X7J6E8TKVIXW09 Nutanix, Inc 67059N108 120180.00000000 NS USD 7417509.60000000 0.030469278702 Long EC CORP US N 1 N N N Eagle Materials Inc 529900KRXRGXL61SG039 Eagle Materials, Inc 26969P108 16817.00000000 NS USD 4570019.75000000 0.018772500872 Long EC CORP US N 1 N N N Campbell Soup Co 5493007JDSMX8Z5Z1902 Campbell Soup Co 134429109 77875.00000000 NS USD 3461543.75000000 0.014219158039 Long EC CORP US N 1 N N N EnerSys 7ZS3DE5PN30BYUJFWP05 EnerSys 29275Y102 18213.00000000 NS USD 1720399.98000000 0.007066973862 Long EC CORP US N 1 N N N Nasdaq Inc 549300L8X1Q78ERXFD06 Nasdaq Stock Market, Inc 631103108 161890.00000000 NS USD 10215259.00000000 0.041961735175 Long EC CORP US N 1 N N N White Mountains Insurance Group Ltd 549300N3FL068JERBG02 White Mountains Insurance Group Ltd G9618E107 1280.00000000 NS USD 2296704.00000000 0.009434286984 Long EC CORP US N 1 N N N Jack in the Box Inc 5493002OJW26P0SUUP68 Jack in the Box, Inc 466367109 2856.00000000 NS USD 195578.88000000 0.000803389240 Long EC CORP US N 1 N N N ALLETE Inc 549300NNLSIMY6Z8OT86 Allete, Inc 018522300 29387.00000000 NS USD 1752640.68000000 0.007199410614 Long EC CORP US N 1 N N N Teradyne Inc C3X4YJ278QNZHRJULN75 Teradyne, Inc 880770102 75708.00000000 NS USD 8542133.64000000 0.035088953655 Long EC CORP US N 1 N N N Primerica Inc 254900621R686KJR7022 Primerica, Inc 74164M108 18445.00000000 NS USD 4665847.20000000 0.019166136127 Long EC CORP US N 1 N N N Duke Energy Corp I1BZKREC126H0VB1BL91 Duke Energy Corp 26441C204 368774.00000000 NS USD 35664133.54000000 0.146499362067 Long EC CORP US N 1 N N N Allegro MicroSystems Inc N/A Allegro MicroSystems, Inc 01749D105 26133.00000000 NS USD 704545.68000000 0.002894097863 Long EC CORP US N 1 N N N Phibro Animal Health Corp 549300U24SP4AF2JUX52 Phibro Animal Health Corp 71742Q106 12927.00000000 NS USD 167146.11000000 0.000686594515 Long EC CORP US N 1 N N N HireRight Holdings Corp N/A HireRight Holdings Corp 433537107 10874.00000000 NS USD 155171.98000000 0.000637407777 Long EC CORP US N 1 N N N Cavco Industries Inc N/A Cavco Industries, Inc 149568107 5040.00000000 NS USD 2011262.40000000 0.008261764111 Long EC CORP US N 1 N N N Varonis Systems Inc 549300SHIVNRRH7STS26 Varonis Systems, Inc 922280102 56469.00000000 NS USD 2663642.73000000 0.010941579732 Long EC CORP US N 1 N N N Vishay Intertechnology Inc 5493009O8F3QQJTCQR75 Vishay Intertechnology, Inc 928298108 52971.00000000 NS USD 1201382.28000000 0.004934978650 Long EC CORP US N 1 N N N Waste Management Inc 549300YX8JIID70NFS41 Waste Management, Inc 94106L109 191328.00000000 NS USD 40781563.20000000 0.167520486266 Long EC CORP US N 1 N N N Tesla Inc 54930043XZGB27CTOV49 Tesla, Inc 88160R101 1316079.00000000 NS USD 231353527.41000000 0.950342565860 Long EC CORP US N 1 N N N Steelcase Inc GIE4CCPBJDI8SMV1OX95 Steelcase, Inc (Class A) 858155203 61807.00000000 NS USD 808435.56000000 0.003320851568 Long EC CORP US N 1 N N N Principal Financial Group Inc CUMYEZJOAF02RYZ1JJ85 Principal Financial Group 74251V102 120318.00000000 NS USD 10384646.58000000 0.042657537089 Long EC CORP US N 1 N N N Artivion Inc 549300YTKV8DMSMG6K81 CryoLife, Inc 228903100 23064.00000000 NS USD 488034.24000000 0.002004722889 Long EC CORP US N 1 N N N PTC Inc 54930050SSMU8SKDJ030 PTC, Inc 69370C100 52897.00000000 NS USD 9994359.18000000 0.041054333830 Long EC CORP US N 1 N N N Federal Farm Credit Discount Notes N/A Federal Farm Credit, 04 313312VC1 13903000.00000000 PA USD 13890997.12000000 0.057060750243 Long STIV USGSE US N 2 N N N RB Global Inc 5493002H8U24DJXQ4886 RB Global, Inc 74935Q107 90452.00000000 NS USD 6889728.84000000 0.028301287026 Long EC CORP US N 1 N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 Goldman Sachs Group, Inc 38141G104 151067.00000000 NS USD 63099175.23000000 0.259195668045 Long EC CORP US N 1 N N N Booking Holdings Inc FXM8FAOHMYDIPD38UZ17 Booking Holdings, Inc 09857L108 16504.00000000 NS USD 59874531.52000000 0.245949636261 Long EC CORP US N 1 N N N Excelerate Energy Inc N/A Excelerate Energy, Inc 30069T101 9511.00000000 NS USD 152366.22000000 0.000625882415 Long EC CORP US N 1 N N N Cooper Cos Inc/The QJKMVPIGLH7530PCUE20 Cooper Cos, Inc 216648501 91072.00000000 NS USD 9240165.12000000 0.037956292810 Long EC CORP US N 1 N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 Eli Lilly & Co 532457108 404332.00000000 NS USD 314554122.72000000 1.292109852113 Long EC CORP US N 1 N N N BigCommerce Holdings Inc 549300MOVEFQ78DMPG58 BigCommerce Holdings, Inc 08975P108 24476.00000000 NS USD 168639.64000000 0.000692729564 Long EC CORP US N 1 N N N Sally Beauty Holdings Inc 529900VXW6E8ONDIQ271 Sally Beauty Holdings, Inc 79546E104 7776.00000000 NS USD 96577.92000000 0.000396717998 Long EC CORP US N 1 N N N Clarivate PLC 549300WDHIIODXFO0R55 Clarivate plc G21810109 226376.00000000 NS USD 1681973.68000000 0.006909128210 Long EC CORP US N 1 N N Bright Horizons Family Solutions Inc N/A Bright Horizons Family Solutions, Inc 109194100 28106.00000000 NS USD 3186096.16000000 0.013087688066 Long EC CORP US N 1 N N N Heartland Express Inc 5299005V45FZIQGLOG39 Heartland Express, Inc 422347104 26012.00000000 NS USD 310583.28000000 0.001275798620 Long EC CORP US N 1 N N N Amerant Bancorp Inc 5493007OCZP75TGDUY32 Amerant Bancorp, Inc 023576101 12491.00000000 NS USD 290915.39000000 0.001195007836 Long EC CORP US N 1 N N N Apple Hospitality REIT Inc 549300EVZAR0FBZO4F16 Apple Hospitality REIT, Inc 03784Y200 106401.00000000 NS USD 1742848.38000000 0.007159186289 Long EC CORP US N 1 N N N Geron Corp 549300T282D7Z2YESL90 Geron Corp 374163103 245957.00000000 NS USD 811658.10000000 0.003334088958 Long EC CORP US N 1 N N N Hanmi Financial Corp 549300MSZ7RCG7EA6587 Hanmi Financial Corp 410495204 23963.00000000 NS USD 381490.96000000 0.001567069678 Long EC CORP US N 1 N N N Adicet Bio Inc 549300VRD2QO80WBOP18 Adicet Bio, Inc 007002108 14505.00000000 NS USD 34086.75000000 0.000140019864 Long EC CORP US N 1 N N Bloom Energy Corp 549300XB5J9BFW5JXV97 Bloom Energy Corp 093712107 75992.00000000 NS USD 854150.08000000 0.003508635410 Long EC CORP US N 1 N N Privia Health Group Inc N/A Privia Health Group, Inc 74276R102 32525.00000000 NS USD 637164.75000000 0.002617313814 Long EC CORP US N 1 N N Luxfer Holdings PLC 21380045UF5SJYZOXE41 Luxfer Holdings plc G5698W116 17575.00000000 NS USD 182252.75000000 0.000748648823 Long EC CORP US N 1 N N N Align Technology Inc 549300N5YSE0U3LCP840 Align Technology, Inc 016255101 35682.00000000 NS USD 11700841.44000000 0.048064137172 Long EC CORP US N 1 N N N Global Industrial Co N/A Global Industrial Co 37892E102 9938.00000000 NS USD 445023.64000000 0.001828046075 Long EC CORP US N 1 N N N Encore Energy Corp 5299007FNX2NVNJM3O59 Encore Energy Corp 29259W700 70957.00000000 NS USD 310791.66000000 0.001276654594 Long EC CORP US N 1 N N Marathon Oil Corp 1FRVQX2CRLGC1XLP5727 Marathon Oil Corp 565849106 296202.00000000 NS USD 8394364.68000000 0.034481955637 Long EC CORP US N 1 N N N First BanCorp/Puerto Rico N/A First BanCorp 318672706 114850.00000000 NS USD 2014469.00000000 0.008274936024 Long EC CORP US N 1 N N N Macy's Inc 529900NZQ81TIOW3CW52 Macy's, Inc 55616P104 109170.00000000 NS USD 2182308.30000000 0.008964377991 Long EC CORP US N 1 N N N Pure Storage Inc 549300NPDB0BZTK3WO90 Pure Storage, Inc 74624M102 128500.00000000 NS USD 6680715.00000000 0.027442710322 Long EC CORP US N 1 N N N Federal Signal Corp 549300RTXZRPTNP6G884 Federal Signal Corp 313855108 32884.00000000 NS USD 2790865.08000000 0.011464177403 Long EC CORP US N 1 N N N IBEX Holdings Ltd N/A IBEX Holdings Ltd G4690M101 5474.00000000 NS USD 84463.82000000 0.000346956298 Long EC CORP US N 1 N N N Vizio Holding Corp N/A Vizio Holding Corp 92858V101 34786.00000000 NS USD 380558.84000000 0.001563240761 Long EC CORP US N 1 N N N Rockwell Automation Inc VH3R4HHBHH12O0EXZJ88 Rockwell Automation, Inc 773903109 56702.00000000 NS USD 16518993.66000000 0.067855904321 Long EC CORP US N 1 N N N Iovance Biotherapeutics Inc 2549002L8WT2ACU5Q878 Iovance Biotherapeutics, Inc 462260100 109007.00000000 NS USD 1615483.74000000 0.006636004126 Long EC CORP US N 1 N N N Applied Materials Inc 41BNNE1AFPNAZELZ6K07 Applied Materials, Inc 038222105 400589.00000000 NS USD 82613469.47000000 0.339355519795 Long EC CORP US N 1 N N N SJW Group N/A SJW Corp 784305104 12005.00000000 NS USD 679362.95000000 0.002790653491 Long EC CORP US N 1 N N N Astec Industries Inc 5493002DO2QKHLKB2A48 Astec Industries, Inc 046224101 15250.00000000 NS USD 666577.50000000 0.002738134053 Long EC CORP US N 1 N N N Teleflex Inc UUL85LWXB4NGSWWXIQ25 Teleflex, Inc 879369106 20420.00000000 NS USD 4618391.40000000 0.018971199541 Long EC CORP US N 1 N N N First Horizon Corp TF3RXI1ZB1TQ30H9JV10 First Horizon National Corp 320517105 266280.00000000 NS USD 4100712.00000000 0.016844701732 Long EC CORP US N 1 N N N Liquidia Corp 549300O826O5VQJTG707 Liquidia Corp 53635D202 24455.00000000 NS USD 360711.25000000 0.001481711814 Long EC CORP US N 1 N N Flywire Corp 54930055DSV7NNY4VY66 Flywire Corp 302492103 47493.00000000 NS USD 1178301.33000000 0.004840167867 Long EC CORP US N 1 N N N Clean Energy Fuels Corp 549300MTQB4VUAOPMF71 Clean Energy Fuels Corp 184499101 75896.00000000 NS USD 203401.28000000 0.000835521707 Long EC CORP US N 1 N N N Hudson Technologies Inc N/A Hudson Technologies, Inc 444144109 22109.00000000 NS USD 243420.09000000 0.000999908994 Long EC CORP US N 1 N N N Planet Fitness Inc 549300LLE5HUPF6H8G33 Planet Fitness, Inc 72703H101 45756.00000000 NS USD 2865698.28000000 0.011771573517 Long EC CORP US N 1 N N N Knife River Corp N/A Knife River Corp 498894104 24111.00000000 NS USD 1954919.88000000 0.008030323097 Long EC CORP US N 1 N N N Trex Co Inc N/A Trex Co, Inc 89531P105 52464.00000000 NS USD 5233284.00000000 0.021497024921 Long EC CORP US N 1 N N N Axonics Inc 549300LJY4X7N57VJL05 Axonics, Inc 05465P101 22714.00000000 NS USD 1566584.58000000 0.006435138578 Long EC CORP US N 1 N N N Affiliated Managers Group Inc 2JE75BUE3T1BLCYYGK54 Affiliated Managers Group, Inc 008252108 13210.00000000 NS USD 2212278.70000000 0.009087488916 Long EC CORP US N 1 N N N AST SpaceMobile Inc N/A AST SpaceMobile, Inc 00217D100 30214.00000000 NS USD 87620.60000000 0.000359923562 Long EC CORP US N 1 N N Banner Corp N/A Banner Corp 06652V208 682.00000000 NS USD 32736.00000000 0.000134471320 Long EC CORP US N 1 N N N PC Connection Inc 5299005WPRNIXDV2KM73 PC Connection, Inc 69318J100 8216.00000000 NS USD 541680.88000000 0.002225089900 Long EC CORP US N 1 N N N Silvercrest Asset Management Group Inc N/A Silvercrest Asset Management Group, Inc 828359109 4705.00000000 NS USD 74386.05000000 0.000305559333 Long EC CORP US N 1 N N N Alexander & Baldwin Inc N/A Alexander & Baldwin, Inc 014491104 5921.00000000 NS USD 97518.87000000 0.000400583186 Long EC CORP US N 1 N N N DigitalBridge Group Inc 549300XG87L902AGBO89 DigitalBridge Group, Inc 25401T603 69755.00000000 NS 1344178.85000000 0.005521551331 Long EC CORP US N 1 N N N US Physical Therapy Inc 529900KL1UXQYFIOMY96 US Physical Therapy, Inc 90337L108 6975.00000000 NS USD 787268.25000000 0.003233901540 Long EC CORP US N 1 N N N Vor BioPharma Inc N/A Vor BioPharma, Inc 929033108 19087.00000000 NS USD 45236.19000000 0.000185818981 Long EC CORP US N 1 N N N JBG SMITH Properties N/A JBG SMITH Properties 46590V100 64898.00000000 NS USD 1041612.90000000 0.004278685901 Long EC CORP US N 1 N N N Oil-Dri Corp of America 549300RSG5KPUH16WH66 Oil-Dri Corp of America 677864100 2434.00000000 NS USD 181479.04000000 0.000745470615 Long EC CORP US N 1 N N N Zions Bancorp NA 8WH0EE09O9V05QJZ3V89 Zions Bancorporation 989701107 81460.00000000 NS USD 3535364.00000000 0.014522393207 Long EC CORP US N 1 N N N Brookfield Business Corp 2549005XWAHF5YCLN502 Brookfield Business Corp 11259V106 13313.00000000 NS USD 321375.82000000 0.001320131682 Long EC CORP US N 1 N N Esab Corp 549300ZNV0SWBXEIWT04 Esab Corp 29605J106 28088.00000000 NS USD 3105690.16000000 0.012757400280 Long EC CORP US N 1 N N N Ionis Pharmaceuticals Inc 549300SI4ZGLG0BLUZ92 Ionis Pharmaceuticals, Inc 462222100 79163.00000000 NS USD 3431716.05000000 0.014096633290 Long EC CORP US N 1 N N N ACM Research Inc 549300MCTENUWL2GJL61 ACM Research, Inc 00108J109 24578.00000000 NS USD 716202.92000000 0.002941982896 Long EC CORP US N 1 N N N Camping World Holdings Inc 549300E828QQI7MWI432 Camping World Holdings, Inc 13462K109 22123.00000000 NS USD 616125.55000000 0.002530890030 Long EC CORP US N 1 N N N RLI Corp 529900AMTJE5ECN9PS55 RLI Corp 749607107 20019.00000000 NS USD 2972220.93000000 0.012209141985 Long EC CORP US N 1 N N N F5 Inc 54930015FPK9KT966303 F5 Networks, Inc 315616102 25536.00000000 NS USD 4841370.24000000 0.019887140981 Long EC CORP US N 1 N N N Realty Income Corp 549300CUWDAUZSH43859 Realty Income Corp 756109104 400440.00000000 NS USD 21663804.00000000 0.088989501522 Long EC CORP US N 1 N N N Patria Investments Ltd N/A Patria Investments Ltd G69451105 26821.00000000 NS USD 398023.64000000 0.001634981802 Long EC CORP US N 1 N N N Retail Opportunity Investments Corp N/A Retail Opportunity Investments Corp 76131N101 63462.00000000 NS USD 813582.84000000 0.003341995310 Long EC CORP US N 1 N N N Domo Inc 549300X57AGT5JULJ761 Domo, Inc 257554105 15039.00000000 NS USD 134147.88000000 0.000551046019 Long EC CORP US N 1 N N N Opendoor Technologies Inc 254900KX11YZ4HV5BQ47 Opendoor Technologies, Inc 683712103 228590.00000000 NS USD 692627.70000000 0.002845141774 Long EC CORP US N 1 N N N John Bean Technologies Corp 5493007CT6ATBZ2L6826 John Bean Technologies Corp 477839104 9952.00000000 NS USD 1043865.28000000 0.004287938116 Long EC CORP US N 1 N N N Watts Water Technologies Inc 549300REJOO94ERQN318 Watts Water Technologies, Inc (Class A) 942749102 12667.00000000 NS USD 2692370.85000000 0.011059587681 Long EC CORP US N 1 N N N Eventbrite Inc 549300N6XBV2B1FAUF55 Eventbrite, Inc 29975E109 40961.00000000 NS USD 224466.28000000 0.000922051471 Long EC CORP US N 1 N N N ATI Inc ZW1LRE7C3H17O2ZN9B45 Allegheny Technologies, Inc 01741R102 58071.00000000 NS USD 2971493.07000000 0.012206152117 Long EC CORP US N 1 N N N Civitas Resources Inc IIVIHPH28S64K95M2381 Civitas Resources, Inc 17888H103 37806.00000000 NS USD 2869853.46000000 0.011788641960 Long EC CORP US N 1 N N N Morningstar Inc 529900YGNQPOVAXQ7F29 Morningstar, Inc 617700109 12847.00000000 NS USD 3961629.39000000 0.016273385072 Long EC CORP US N 1 N N N NI Holdings Inc 549300LLJVCO2EGU3180 NI Holdings, Inc 65342T106 7308.00000000 NS USD 110716.20000000 0.000454794524 Long EC CORP US N 1 N N N First Western Financial Inc 549300PPOGX4C7S66B47 First Western Financial, Inc 33751L105 4047.00000000 NS USD 59005.26000000 0.000242378885 Long EC CORP US N 1 N N N Cerence Inc 5493002WL2W5WMS89568 Cerence, Inc 156727109 22039.00000000 NS USD 347114.25000000 0.001425858730 Long EC CORP US N 1 N N N Air Products and Chemicals Inc 7QEON6Y1RL5XR3R1W237 Air Products & Chemicals, Inc 009158106 105994.00000000 NS USD 25679166.38000000 0.105483608311 Long EC CORP US N 1 N N N Fortive Corp 549300MU9YQJYHDQEF63 Fortive Corp 34959J108 165023.00000000 NS USD 14195278.46000000 0.058310662066 Long EC CORP US N 1 N N N PROG Holdings Inc 549300DHYTLBOVRXIG52 PROG Holdings, Inc 74319R101 17833.00000000 NS USD 614168.52000000 0.002522851039 Long EC CORP US N 1 N N N Vaxcyte Inc 254900M7NMHTGASX8D95 Vaxcyte, Inc 92243G108 45372.00000000 NS USD 3099361.32000000 0.012731402984 Long EC CORP US N 1 N N N Emerson Electric Co FGLT0EWZSUIRRITFOA30 Emerson Electric Co 291011104 273301.00000000 NS USD 30997799.42000000 0.127331225793 Long EC CORP US N 1 N N N Enact Holdings Inc N/A Enact Holdings, Inc 29249E109 15393.00000000 NS USD 479953.74000000 0.001971530211 Long EC CORP US N 1 N N N eGain Corp N/A eGain Corp 28225C806 10699.00000000 NS USD 69008.55000000 0.000283469905 Long EC CORP US N 1 N N N First Community Bankshares Inc N/A First Community Bancshares, Inc 31983A103 12139.00000000 NS USD 420373.57000000 0.001726789738 Long EC CORP US N 1 N N N Scorpio Tankers Inc 549300NVJUH16NXG8K87 Scorpio Tankers, Inc Y7542C130 18385.00000000 NS USD 1315446.75000000 0.005403527033 Long EC CORP US N 1 N N N CF Industries Holdings Inc 529900CG8YAQFZ2JMV97 CF Industries Holdings, Inc 125269100 93988.00000000 NS USD 7820741.48000000 0.032125654656 Long EC CORP US N 1 N N CSW Industrials Inc 549300SYOEO3RVQ7FB83 CSW Industrials, Inc 126402106 7468.00000000 NS USD 1751992.80000000 0.007196749284 Long EC CORP US N 1 N N N Blackbaud Inc 54930056X3HKFMNG3754 Blackbaud, Inc 09227Q100 17422.00000000 NS USD 1291667.08000000 0.005305846082 Long EC CORP US N 1 N N N United Parks & Resorts Inc 529900G0H4NV3IIK3269 SeaWorld Entertainment, Inc 81282V100 22953.00000000 NS USD 1290188.13000000 0.005299770924 Long EC CORP US N 1 N N N Genworth Financial Inc 549300EMCG286BDNKJ33 Genworth Financial, Inc (Class A) 37247D106 184221.00000000 NS USD 1184541.03000000 0.004865798997 Long EC CORP US N 1 N N N Ooma Inc N/A Ooma, Inc 683416101 13047.00000000 NS USD 111290.91000000 0.000457155290 Long EC CORP US N 1 N N N ChampionX Corp 549300EP2909K6DYYP38 ChampionX Corp 15872M104 89692.00000000 NS USD 3219045.88000000 0.013223037294 Long EC CORP US N 1 N N N Maximus Inc 549300DQCDS8HJ7QF202 MAXIMUS, Inc 577933104 31583.00000000 NS USD 2649813.70000000 0.010884773527 Long EC CORP US N 1 N N N Cognizant Technology Solutions Corp 5493006IEVQEFQO40L83 Cognizant Technology Solutions Corp (Class A) 192446102 232781.00000000 NS USD 17060519.49000000 0.070080357315 Long EC CORP US N 1 N N N Wynn Resorts Ltd 254900CEKKWIHTEAB172 Wynn Resorts Ltd 983134107 45857.00000000 NS USD 4687961.11000000 0.019256974552 Long EC CORP US N 1 N N N GrafTech International Ltd 549300GY32W00XP57351 GrafTech International Ltd 384313508 95580.00000000 NS USD 131900.40000000 0.000541813932 Long EC CORP US N 1 N N Carpenter Technology Corp DX6I6ZD3X5WNNCDJKP85 Carpenter Technology Corp 144285103 25997.00000000 NS USD 1856705.74000000 0.007626883915 Long EC CORP US N 1 N N N Associated Banc-Corp 549300N3CIN473IW5094 Associated Banc-Corp 045487105 63489.00000000 NS USD 1365648.39000000 0.005609742844 Long EC CORP US N 1 N N N Take-Two Interactive Software Inc BOMSTHHJK882EWYX3334 Take-Two Interactive Software, Inc 874054109 77842.00000000 NS USD 11558758.58000000 0.047480496234 Long EC CORP US N 1 N N N Grindr Inc N/A Grindr, Inc 39854F101 20672.00000000 NS USD 209407.36000000 0.000860193185 Long EC CORP US N 1 N N Integral Ad Science Holding Corp N/A Integral Ad Science Holding Corp 45828L108 16911.00000000 NS USD 168602.67000000 0.000692577700 Long EC CORP US N 1 N N N Diamondback Energy Inc 549300R22LSX6OHWEN64 Diamondback Energy, Inc 25278X109 83922.00000000 NS USD 16630822.74000000 0.068315270279 Long EC CORP US N 1 N N N Range Resources Corp H3Y3WLYCX0BTO1TRW162 Range Resources Corp 75281A109 112319.00000000 NS USD 3867143.17000000 0.015885259256 Long EC CORP US N 1 N N N Ingredion Inc PKSTQ48QDN0XSVS7YK88 Ingredion, Inc 457187102 26446.00000000 NS USD 3090215.10000000 0.012693832594 Long EC CORP US N 1 N N N Urban Outfitters Inc 549300N3DUFR5U6NRN38 Urban Outfitters, Inc 917047102 31536.00000000 NS USD 1369293.12000000 0.005624714486 Long EC CORP US N 1 N N N IDEX Corp 549300U5Y5EL6PHYLF13 IDEX Corp 45167R104 37542.00000000 NS USD 9160998.84000000 0.037631097484 Long EC CORP US N 1 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 Thermo Fisher Scientific, Inc 883556102 183985.00000000 NS USD 106933921.85000000 0.439257870005 Long EC CORP US N 1 N N N Kymera Therapeutics Inc N/A Kymera Therapeutics, Inc 501575104 15771.00000000 NS USD 633994.20000000 0.002604289986 Long EC CORP US N 1 N N N Leidos Holdings Inc 549300IUTGTP6EJP8124 Leidos Holdings, Inc 525327102 62921.00000000 NS USD 8248313.89000000 0.033882015433 Long EC CORP US N 1 N N N Highwoods Properties Inc ZIIGTYKL9T0X3HLTDX53 Highwoods Properties, Inc 431284108 46362.00000000 NS USD 1213757.16000000 0.004985811570 Long EC CORP US N 1 N N N LKQ Corp DS830JTTZQN6GK0I2E41 LKQ Corp 501889208 125433.00000000 NS USD 6699376.53000000 0.027519367231 Long EC CORP US N 1 N N N Nuvalent Inc N/A Nuvalent, Inc 670703107 10256.00000000 NS USD 770123.04000000 0.003163473295 Long EC CORP US N 1 N N Envestnet Inc 549300HLWZ5OKIDM8737 Envestnet, Inc 29404K106 30234.00000000 NS USD 1750850.94000000 0.007192058808 Long EC CORP US N 1 N N N Myers Industries Inc 549300I2H9XMVTCW4Q51 Myers Industries, Inc 628464109 18118.00000000 NS USD 419794.06000000 0.001724409256 Long EC CORP US N 1 N N N Illumina Inc SQ95QG8SR5Q56LSNF682 Illumina, Inc 452327109 78792.00000000 NS USD 10819717.44000000 0.044444699628 Long EC CORP US N 1 N N N Fortrea Holdings Inc 5493000FIVFABOVCDU97 Fortrea Holdings, Inc 34965K107 45181.00000000 NS USD 1813565.34000000 0.007449673916 Long EC CORP US N 1 N N N Chimera Investment Corp 2JBBQFJOL123LOUBE657 Chimera Investment Corp 16934Q208 121929.00000000 NS USD 562092.69000000 0.002308936523 Long EC CORP US N 1 N N N Glatfelter Corp 549300LDQLQBT38QDY28 Glatfelter Corp 377320106 32454.00000000 NS USD 64908.00000000 0.000266625868 Long EC CORP US N 1 N N N REV Group Inc 549300SRD0SIG5ZZ3X20 REV Group, Inc 749527107 8757.00000000 NS USD 193442.13000000 0.000794612004 Long EC CORP US N 1 N N N Par Pacific Holdings Inc 549300BTNS7MHSHRLR55 Par Pacific Holdings, Inc 69888T207 23180.00000000 NS USD 859050.80000000 0.003528766345 Long EC CORP US N 1 N N N Invitation Homes Inc N/A Invitation Homes, Inc 46187W107 286776.00000000 NS USD 10212093.36000000 0.041948731515 Long EC CORP US N 1 N N N Allstate Corp/The OBT0W1ED8G0NWVOLOJ77 Allstate Corp 020002101 125640.00000000 NS USD 21736976.40000000 0.089290075484 Long EC CORP US N 1 N N N 5E Advanced Materials Inc 254900H5C60Y146YOH74 5E Advanced Materials, Inc 33830Q109 16560.00000000 NS USD 22190.40000000 0.000091152626 Long EC CORP US N 1 N N ONE Gas Inc 549300HXDWI0LATTX840 ONE Gas, Inc 68235P108 27567.00000000 NS USD 1778898.51000000 0.007307271228 Long EC CORP US N 1 N N N Douglas Emmett Inc N/A Douglas Emmett, Inc 25960P109 91371.00000000 NS USD 1267315.77000000 0.005205816976 Long EC CORP US N 1 N N Arcus Biosciences Inc N/A Arcus Biosciences, Inc 03969F109 20717.00000000 NS USD 391136.96000000 0.001606693039 Long EC CORP US N 1 N N N FedEx Corp 549300E707U7WNPZN687 FedEx Corp 31428X106 110406.00000000 NS USD 31989034.44000000 0.131402971934 Long EC CORP US N 1 N N N Tenaya Therapeutics Inc N/A Tenaya Therapeutics, Inc 87990A106 22763.00000000 NS USD 119050.49000000 0.000489029708 Long EC CORP US N 1 N N N Cargurus Inc 54930027BKQN6B7X7G78 Cargurus, Inc 141788109 51402.00000000 NS USD 1186358.16000000 0.004873263314 Long EC CORP US N 1 N N N Atlas Energy Solutions Inc N/A Atlas Energy Solutions, Inc 642045108 7867.00000000 NS USD 177951.54000000 0.000730980525 Long EC CORP US N 1 N N Stem Inc 549300GVWIYFILN5V546 Stem, Inc 85859N102 73460.00000000 NS USD 160877.40000000 0.000660844218 Long EC CORP US N 1 N N FTAI Infrastructure Inc N/A FTAI Infrastructure, Inc 35953C106 49956.00000000 NS USD 313723.68000000 0.001288698600 Long EC CORP US N 1 N N N AppLovin Corp 549300LLVXMUAOL3SQ07 AppLovin Corp 03831W108 99212.00000000 NS USD 6867454.64000000 0.028209790170 Long EC CORP US N 1 N N N Enterprise Bancorp Inc/MA N/A Enterprise Bancorp, Inc 293668109 6481.00000000 NS USD 168311.57000000 0.000691381934 Long EC CORP US N 1 N N N MarineMax Inc 254900TIXTN8WY3FNN63 MarineMax, Inc 567908108 11739.00000000 NS USD 390439.14000000 0.001603826569 Long EC CORP US N 1 N N N Agenus Inc 529900NDQQGU5H4UJK81 Agenus, Inc 00847G705 107560.00000000 NS USD 62384.80000000 0.000256261192 Long EC CORP US N 1 N N N Banco Latinoamericano de Comercio Exterior SA 549300CN3134K4LC0651 Banco Latinoamericano de Exportaciones S.A. (Class E) P16994132 2262.00000000 NS USD 67000.44000000 0.000275221090 Long EC NUSS US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 Merck & Co, Inc 58933Y105 1210461.00000000 NS USD 159720328.95000000 0.656091259699 Long EC CORP US N 1 N N N Caesars Entertainment Inc 549300FA4CTCW903Y781 Caesars Entertainment, Inc 12769G100 97639.00000000 NS USD 4270729.86000000 0.017543092680 Long EC CORP US N 1 N N N OptimizeRx Corp N/A OptimizeRx Corp 68401U204 8440.00000000 NS USD 102546.00000000 0.000421233381 Long EC CORP US N 1 N N N Altus Power Inc 5493005V83PBRWNLK259 Altus Power, Inc 02217A102 21469.00000000 NS USD 102621.82000000 0.000421544831 Long EC CORP US N 1 N N Alexandria Real Estate Equities Inc MGCJBT4MKTQBVLNUIS88 Alexandria Real Estate Equities, Inc 015271109 83569.00000000 NS USD 10772879.79000000 0.044252302249 Long EC CORP US N 1 N N N Taylor Morrison Home Corp 5299009UDLLGLKOOJE30 Taylor Morrison Home Corp 87724P106 44029.00000000 NS USD 2737282.93000000 0.011244075300 Long EC CORP US N 1 N N N Columbia Banking System Inc N/A Columbia Banking System, Inc 197236102 109266.00000000 NS USD 2114297.10000000 0.008685004951 Long EC CORP US N 1 N N N SpringWorks Therapeutics Inc N/A SpringWorks Therapeutics, Inc 85205L107 35381.00000000 NS USD 1741452.82000000 0.007153453676 Long EC CORP US N 1 N N Stericycle Inc B8PTJH2P0AXSWSMP2136 Stericycle, Inc 858912108 49051.00000000 NS USD 2587440.25000000 0.010628558957 Long EC CORP US N 1 N N N Shore Bancshares Inc N/A Shore Bancshares, Inc 825107105 9123.00000000 NS USD 104914.50000000 0.000430962588 Long EC CORP US N 1 N N N AdvanSix Inc 5493009TPRODMCAZLF67 AdvanSix, Inc 00773T101 14906.00000000 NS USD 426311.60000000 0.001751181684 Long EC CORP US N 1 N N N Southern Missouri Bancorp Inc N/A Southern Missouri Bancorp, Inc 843380106 4139.00000000 NS USD 180915.69000000 0.000743156514 Long EC CORP US N 1 N N N Brown-Forman Corp 549300873K3LXF7ARU34 Brown-Forman Corp (Class A) 115637100 25010.00000000 NS USD 1324279.50000000 0.005439809766 Long EC CORP US N 1 N N N Kontoor Brands Inc 549300M0CPXV65RFF271 Kontoor Brands, Inc 50050N103 30075.00000000 NS USD 1812018.75000000 0.007443320910 Long EC CORP US N 1 N N N Kimberly-Clark Corp MP3J6QPYPGN75NVW2S34 Kimberly-Clark Corp 494368103 156644.00000000 NS USD 20261901.40000000 0.083230835428 Long EC CORP US N 1 N N N Sharecare Inc N/A Sharecare, Inc 81948W104 150613.00000000 NS USD 115595.48000000 0.000474837389 Long EC CORP US N 1 N N Tompkins Financial Corp 254900QDQ6V0QJ0Z2348 Tompkins Trustco, Inc 890110109 7201.00000000 NS USD 362138.29000000 0.001487573738 Long EC CORP US N 1 N N N Infinera Corp 549300ZOF66WPV3H0H17 Infinera Corp 45667G103 103799.00000000 NS USD 625907.97000000 0.002571073771 Long EC CORP US N 1 N N Palo Alto Networks Inc 549300QXR2YVZV231H43 Palo Alto Networks, Inc 697435105 144905.00000000 NS USD 41171857.65000000 0.169123718485 Long EC CORP US N 1 N N N Franklin Resources Inc RIFQSET379FOGTEFKS80 Franklin Resources, Inc 354613101 145793.00000000 NS USD 4098241.23000000 0.016834552425 Long EC CORP US N 1 N N N National HealthCare Corp N/A National Healthcare Corp 635906100 2600.00000000 NS USD 245726.00000000 0.001009381097 Long EC CORP US N 1 N N N Prestige Consumer Healthcare Inc N/A Prestige Consumer Healthcare, Inc. 74112D101 24486.00000000 NS USD 1776704.16000000 0.007298257385 Long EC CORP US N 1 N N N Zebra Technologies Corp PO0I32GKZ3HZMMDPZZ08 Zebra Technologies Corp (Class A) 989207105 26184.00000000 NS USD 7892904.96000000 0.032422084226 Long EC CORP US N 1 N N N OmniAb Inc N/A OmniAb, Inc 68218J103 42040.00000000 NS USD 227856.80000000 0.000935978882 Long EC CORP US N 1 N N N Trade Desk Inc/The 549300GXPD31VT3E0P46 Trade Desk, Inc 88339J105 207335.00000000 NS USD 18125225.70000000 0.074453904772 Long EC CORP US N 1 N N N Lions Gate Entertainment Corp 5493000JSMHPHZURLM72 Lions Gate Entertainment Corp (Class B) 535919500 71817.00000000 NS USD 668616.27000000 0.002746508811 Long EC CORP US N 1 N N N Madrigal Pharmaceuticals Inc 549300CHIMT2EUSNJB60 Madrigal Pharmaceuticals, Inc 558868105 6193.00000000 NS USD 1653778.72000000 0.006793310349 Long EC CORP US N 1 N N Clearwater Paper Corp 549300HCVV19GXN4P292 Clearwater Paper Corp 18538R103 11678.00000000 NS USD 510678.94000000 0.002097741666 Long EC CORP US N 1 N N N INSTRUCTURE HOLDINGS INC N/A Instructure Holdings, Inc 457790103 8870.00000000 NS USD 189640.60000000 0.000778996267 Long EC CORP US N 1 N N N 10X Genomics Inc 5493003Z6741WNLG7H43 10X Genomics, Inc 88025U109 45940.00000000 NS USD 1724128.20000000 0.007082288460 Long EC CORP US N 1 N N N Avery Dennison Corp 549300PW7VPFCYKLIV37 Avery Dennison Corp 053611109 37556.00000000 NS USD 8384377.00000000 0.034440928740 Long EC CORP US N 1 N N N Park National Corp 5493001T01TDELV5OO63 Park National Corp 700658107 7855.00000000 NS USD 1067101.75000000 0.004383387737 Long EC CORP US N 1 N N N Kenvue Inc 5493008HSF8L4M2LIJ82 Kenvue, Inc 49177J102 852014.00000000 NS USD 18284220.44000000 0.075107015493 Long EC CORP US N 1 N N N KalVista Pharmaceuticals Inc 529900Q7IDA3WUGRZA51 KalVista Pharmaceuticals, Inc 483497103 10666.00000000 NS USD 126498.76000000 0.000519625343 Long EC CORP US N 1 N N N SoFi Technologies Inc 549300SW81JCMVZDDY09 SoFi Technologies, Inc 83406F102 457564.00000000 NS USD 3340217.20000000 0.013720778844 Long EC CORP US N 1 N N Vuzix Corp 549300EWPW64TZQXJG66 Vuzix Corp 92921W300 32024.00000000 NS USD 38749.04000000 0.000159171388 Long EC CORP US N 1 N N Nurix Therapeutics Inc N/A Nurix Therapeutics, Inc 67080M103 17085.00000000 NS USD 251149.50000000 0.001031659481 Long EC CORP US N 1 N N Boyd Gaming Corp 254900787YGRYS2A1Z35 Boyd Gaming Corp 103304101 31873.00000000 NS USD 2145690.36000000 0.008813960630 Long EC CORP US N 1 N N N Portillo's Inc N/A Portillo's, Inc 73642K106 12559.00000000 NS USD 178086.62000000 0.000731535400 Long EC CORP US N 1 N N N Kennedy-Wilson Holdings Inc 549300MOI1T78144X610 Kennedy-Wilson Holdings, Inc 489398107 44610.00000000 NS USD 382753.80000000 0.001572257109 Long EC CORP US N 1 N N N Performant Financial Corp N/A Performant Financial Corp 71377E105 33846.00000000 NS USD 99507.24000000 0.000408750913 Long EC CORP US N 1 N N N Gevo Inc 549300IV6EW4O1OJD686 Gevo, Inc 374396406 106507.00000000 NS USD 81871.93000000 0.000336309460 Long EC CORP US N 1 N N Rivian Automotive Inc N/A Rivian Automotive, Inc 76954A103 326042.00000000 NS USD 3570159.90000000 0.014665326082 Long EC CORP US N 1 N N Amplify Energy Corp J0TW5YQRAZXYN7VEU787 Amplify Energy Corp 03212B103 18289.00000000 NS USD 120890.29000000 0.000496587148 Long EC CORP US N 1 N N N New Fortress Energy Inc 254900EICTYTCHA5X705 New Fortress Energy, Inc 644393100 24850.00000000 NS USD 760161.50000000 0.003122553775 Long EC CORP US N 1 N N Commercial Vehicle Group Inc 5493006OG8I91X0K7Q22 Commercial Vehicle Group, Inc 202608105 15927.00000000 NS USD 102410.61000000 0.000420677233 Long EC CORP US N 1 N N N Matterport Inc N/A Matterport, Inc 577096100 112247.00000000 NS USD 253678.22000000 0.001042046832 Long EC CORP US N 1 N N GEO Group Inc/The 54930024XOXET7NQVZ63 GEO Group, Inc 36162J106 42598.00000000 NS USD 601483.76000000 0.002470745210 Long EC CORP US N 1 N N John Marshall Bancorp Inc N/A John Marshall Bancorp, Inc 47805L101 5837.00000000 NS USD 104599.04000000 0.000429666757 Long EC CORP US N 1 N N American National Bankshares Inc 5493001AQ734BV16EM88 American National Bankshares, Inc 027745108 5882.00000000 NS USD 280924.32000000 0.001153967013 Long EC CORP US N 1 N N N Allegiant Travel Co 549300JM9OZXOHWL2K18 Allegiant Travel Co 01748X102 8270.00000000 NS USD 621986.70000000 0.002554966172 Long EC CORP US N 1 N N N Box Inc 549300KQUCPD8687YS68 Box, Inc 10316T104 66925.00000000 NS USD 1895316.00000000 0.007785485229 Long EC CORP US N 1 N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 Fifth Third Bancorp 316773100 331334.00000000 NS USD 12328938.14000000 0.050644201700 Long EC CORP US N 1 N N N Triumph Financial Inc 5493003RNRMEVYDZ1Q52 Triumph Financial, Inc 89679E300 10668.00000000 NS USD 846185.76000000 0.003475919971 Long EC CORP US N 1 N N N Nevro Corp 254900SH91I4BOYKUE38 Nevro Corp 64157F103 19942.00000000 NS USD 287962.48000000 0.001182878018 Long EC CORP US N 1 N N N Phreesia Inc 5493000HHF8NU4QOCG53 Phreesia, Inc 71944F106 20801.00000000 NS USD 497767.93000000 0.002044706458 Long EC CORP US N 1 N N N Progressive Corp/The 529900TACNVLY9DCR586 Progressive Corp 743315103 279676.00000000 NS USD 57842590.32000000 0.237602928799 Long EC CORP US N 1 N N N eXp World Holdings Inc 549300TWVVZC283VEC32 eXp World Holdings, Inc 30212W100 28436.00000000 NS USD 293743.88000000 0.001206626567 Long EC CORP US N 1 N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912797HQ3 20000000.00000000 PA USD 19888765.60000000 0.081698086662 Long STIV UST US N 2 N N N Global Medical REIT Inc 549300HFRIPQDYU3GU60 Global Medical REIT, Inc 37954A204 30930.00000000 NS USD 270637.50000000 0.001111711323 Long EC CORP US N 1 N N N 1-800-Flowers.com Inc N/A 1-800-FLOWERS.COM, Inc (Class A) 68243Q106 18290.00000000 NS USD 198080.70000000 0.000813666092 Long EC CORP US N 1 N N N Embecta Corp 549300RPG8GXVDHNXZ62 Embecta Corp 29082K105 30207.00000000 NS USD 400846.89000000 0.001646579009 Long EC CORP US N 1 N N N Hamilton Lane Inc 5493006OKN3V1NORM833 Hamilton Lane, Inc 407497106 18233.00000000 NS USD 2055953.08000000 0.008445342274 Long EC CORP US N 1 N N N Western Union Co/The 28ID94QU1140NC23S047 Western Union Co 959802109 143284.00000000 NS USD 2003110.32000000 0.008228277400 Long EC CORP US N 1 N N N Chubb Ltd E0JAN6VLUDI1HITHT809 Chubb Ltd H1467J104 192172.00000000 NS USD 49797530.36000000 0.204555829797 Long EC CORP US N 1 N N N Vir Biotechnology Inc N/A Vir Biotechnology, Inc 92764N102 32800.00000000 NS USD 332264.00000000 0.001364857609 Long EC CORP US N 1 N N N WideOpenWest Inc 549300RM6J2BWWOFU889 WideOpenWest, Inc 96758W101 28599.00000000 NS USD 103528.38000000 0.000425268753 Long EC CORP US N 1 N N N SITE Centers Corp W2AVA6SODOQ1LCYJQR54 SITE Centers Corp 82981J109 103764.00000000 NS USD 1520142.60000000 0.006244366511 Long EC CORP US N 1 N N N Aclaris Therapeutics Inc 5493000B2LQ9QTW1DF52 Aclaris Therapeutics, Inc 00461U105 23691.00000000 NS USD 29376.84000000 0.000120672728 Long EC CORP US N 1 N N N MongoDB Inc 549300TPTG69WKWE1Z37 MongoDB, Inc 60937P106 31781.00000000 NS USD 11397937.84000000 0.046819884760 Long EC CORP US N 1 N N N First Financial Corp/IN N/A First Financial Corp 320218100 505.00000000 NS USD 19356.65000000 0.000079512288 Long EC CORP US N 1 N N N Comstock Resources Inc I03QQGEA4SS774AURI46 Comstock Resources, Inc 205768302 7387.00000000 NS USD 68551.36000000 0.000281591882 Long EC CORP US N 1 N N Hyatt Hotels Corp T27JQIMTYSH41TCD5186 Hyatt Hotels Corp 448579102 19921.00000000 NS USD 3179790.02000000 0.013061784016 Long EC CORP US N 1 N N N XPEL Inc 549300KWSE3IGXLJNW66 XPEL, Inc 98379L100 9934.00000000 NS USD 536634.68000000 0.002204361370 Long EC CORP US Y 1 N N N BJ's Wholesale Club Holdings Inc 549300UCIWH1C93V0J03 BJ's Wholesale Club Holdings, Inc 05550J101 68459.00000000 NS USD 5178923.35000000 0.021273724934 Long EC CORP US N 1 N N N Vulcan Materials Co 549300Q8LSNHAVWBNI21 Vulcan Materials Co 929160109 60968.00000000 NS USD 16639386.56000000 0.068350448315 Long EC CORP US N 1 N N N WisdomTree Inc 549300WIU8IS7UFO7871 WisdomTree, Inc 97717P104 84317.00000000 NS USD 774873.23000000 0.003182985891 Long EC CORP US N 1 N N N Williams-Sonoma Inc 549300IARG6YWVTZ1I92 Williams-Sonoma, Inc 969904101 29826.00000000 NS USD 9470649.78000000 0.038903066285 Long EC CORP US N 1 N N N Everbridge Inc 549300WCY0UMR64ATW81 Everbridge, Inc 29978A104 21053.00000000 NS USD 733275.99000000 0.003012114808 Long EC CORP US N 1 N N N Codorus Valley Bancorp Inc N/A Codorus Valley Bancorp, Inc 192025104 4711.00000000 NS USD 107222.36000000 0.000440442701 Long EC CORP US N 1 N N N Intercontinental Exchange Inc 5493000F4ZO33MV32P92 Intercontinental Exchange, Inc 45866F104 267221.00000000 NS USD 36724182.03000000 0.150853776772 Long EC CORP US N 1 N N N Health Catalyst Inc 549300223PL6GWKVJG92 Health Catalyst, Inc 42225T107 24393.00000000 NS USD 183679.29000000 0.000754508693 Long EC CORP US N 1 N N N Newell Brands Inc 549300LWGYFM1TVO1Z12 Newell Rubbermaid, Inc 651229106 125637.00000000 NS USD 1008865.11000000 0.004144166151 Long EC CORP US N 1 N N N PVH Corp 123WALMHY1GZXG2YDL90 PVH Corp 693656100 27729.00000000 NS USD 3898974.69000000 0.016016015198 Long EC CORP US N 1 N N N Inter Parfums Inc N/A Inter Parfums, Inc 458334109 9082.00000000 NS USD 1276111.82000000 0.005241948955 Long EC CORP US N 1 N N N 1st Source Corp N/A 1st Source Corp 336901103 4682.00000000 NS USD 245430.44000000 0.001008167010 Long EC CORP US N 1 N N N AnaptysBio Inc 529900HH4WQT03IG1A12 AnaptysBio, Inc 032724106 12566.00000000 NS USD 282986.32000000 0.001162437194 Long EC CORP US N 1 N N N NextDecade Corp 549300XB4GCLNGHFTT48 NextDecade Corp 65342K105 15430.00000000 NS USD 87642.40000000 0.000360013111 Long EC CORP US N 1 N N SP Plus Corp 0IDE18EMH1CUKQCUYE69 SP Plus Corp 78469C103 12140.00000000 NS USD 633950.80000000 0.002604111710 Long EC CORP US N 1 N N N Cullinan Oncology Inc N/A Cullinan Oncology, Inc 230031106 7345.00000000 NS USD 125158.80000000 0.000514121122 Long EC CORP US N 1 N N N Hyliion Holdings Corp N/A Hyliion Holdings Corp 449109107 63978.00000000 NS USD 112601.28000000 0.000462537963 Long EC CORP US N 1 N N UMH Properties Inc 529900OM5K3PJ11F0Q09 UMH Properties, Inc 903002103 20169.00000000 NS USD 327544.56000000 0.001345471327 Long EC CORP US N 1 N N N Heritage Commerce Corp 549300CLIS851ELSR406 Heritage Commerce Corp 426927109 25661.00000000 NS USD 220171.38000000 0.000904409094 Long EC CORP US N 1 N N N SiteOne Landscape Supply Inc 5299008LX7SBD4HIAU03 SiteOne Landscape Supply, Inc 82982L103 24415.00000000 NS USD 4261638.25000000 0.017505746614 Long EC CORP US N 1 N N N YETI Holdings Inc 549300DSQICIGNT5GO63 YETI Holdings, Inc 98585X104 46993.00000000 NS USD 1811580.15000000 0.007441519251 Long EC CORP US N 1 N N N Abbott Laboratories HQD377W2YR662HK5JX27 Abbott Laboratories 002824100 824505.00000000 NS USD 93713238.30000000 0.384950600659 Long EC CORP US N 1 N N N Kforce Inc 5493003RDQQDVXY2SK46 Kforce, Inc 493732101 11207.00000000 NS USD 790317.64000000 0.003246427673 Long EC CORP US N 1 N N N Consolidated Communications Holdings Inc 529900F6S64KOO8CXH48 Consolidated Communications Holdings, Inc 209034107 48355.00000000 NS USD 208893.60000000 0.000858082788 Long EC CORP US N 1 N N Adient PLC 5493002QLDY8O75RTR78 Adient plc G0084W101 49971.00000000 NS USD 1645045.32000000 0.006757435721 Long EC CORP US N 1 N N N Summit Financial Group Inc N/A Summit Financial Group, Inc 86606G101 6101.00000000 NS USD 165703.16000000 0.000680667236 Long EC CORP US N 1 N N N Loews Corp R8V1FN4M5ITGZOG7BS19 Loews Corp 540424108 82321.00000000 NS USD 6444911.09000000 0.026474086695 Long EC CORP US N 1 N N N Consolidated Edison Inc 54930033SBW53OO8T749 Consolidated Edison, Inc 209115104 165615.00000000 NS USD 15039498.15000000 0.061778505913 Long EC CORP US N 1 N N N Fresh Del Monte Produce Inc 529900I72V9F0FEZR228 Fresh Del Monte Produce, Inc G36738105 20613.00000000 NS USD 534082.83000000 0.002193879007 Long EC CORP US N 1 N N N AvalonBay Communities Inc K9G90K85RBWD2LAGQX17 AvalonBay Communities, Inc 053484101 65544.00000000 NS USD 12162344.64000000 0.049959877169 Long EC CORP US N 1 N N N Sweetgreen Inc N/A Sweetgreen, Inc 87043Q108 44740.00000000 NS USD 1130132.40000000 0.004642301921 Long EC CORP US N 1 N N N Phinia Inc 254900HG6MORZE1FFM18 Phinia, Inc 71880K101 23111.00000000 NS USD 888155.73000000 0.003648322136 Long EC CORP US N 1 N N N BOK Financial Corp GRI2NT5QHYW751NMR949 BOK Financial Corp 05561Q201 8083.00000000 NS USD 743636.00000000 0.003054671144 Long EC CORP US N 1 N N N PetMed Express Inc 529900PGHW5ASJ1AZL48 PetMed Express, Inc 716382106 14105.00000000 NS USD 67562.95000000 0.000277531741 Long EC CORP US N 1 N N Caribou Biosciences Inc N/A Caribou Biosciences, Inc 142038108 17393.00000000 NS USD 89400.02000000 0.000367232976 Long EC CORP US N 1 N N N Daily Journal Corp 2549004ASTNVLR8YWZ33 Daily Journal Corp 233912104 772.00000000 NS USD 279162.92000000 0.001146731621 Long EC CORP US N 1 N N N Hayward Holdings Inc N/A Hayward Holdings, Inc 421298100 63817.00000000 NS USD 977038.27000000 0.004013429433 Long EC CORP US N 1 N N N ADT Inc N/A ADT, Inc 00090Q103 86801.00000000 NS USD 583302.72000000 0.002396062034 Long EC CORP US N 1 N N N Biogen Inc W8J5WZB5IY3K0NDQT671 Biogen, Inc 09062X103 68965.00000000 NS USD 14870922.95000000 0.061086041052 Long EC CORP US N 1 N N N Nexstar Media Group Inc 52990083ZRR5UT591988 Nexstar Media Group, Inc 65336K103 14548.00000000 NS USD 2506474.92000000 0.010295973583 Long EC CORP US N 1 N N N US Silica Holdings Inc 529900HOXGPM9F75C193 US Silica Holdings, Inc 90346E103 37988.00000000 NS USD 471431.08000000 0.001936521250 Long EC CORP US N 1 N N N Ashland Inc 529900E4L9R04SB8HB11 Ashland, Inc 044186104 26123.00000000 NS USD 2543596.51000000 0.010448459813 Long EC CORP US N 1 N N N WSFS Financial Corp 549300SU7VQHD6QRG886 WSFS Financial Corp 929328102 37346.00000000 NS USD 1685798.44000000 0.006924839369 Long EC CORP US N 1 N N N Herc Holdings Inc 549300TP80QLITMSBP82 Herc Holdings, Inc 42704L104 13619.00000000 NS USD 2292077.70000000 0.009415283298 Long EC CORP US N 1 N N N Royalty Pharma PLC 549300FGFN7VOK8BZR03 Royalty Pharma plc G7709Q104 165226.00000000 NS USD 5017913.62000000 0.020612337137 Long EC CORP US N 1 N N N Aptiv PLC N/A Aptiv plc G6095L109 131438.00000000 NS USD 10469036.70000000 0.043004190646 Long EC CORP US N 1 N N N Eagle Bancorp Inc 549300B47NZODRMG3D47 Eagle Bancorp, Inc 268948106 17266.00000000 NS USD 405578.34000000 0.001666014625 Long EC CORP US N 1 N N N Sunstone Hotel Investors Inc 529900ZQ2V52V96ATF67 Sunstone Hotel Investors, Inc 867892101 117301.00000000 NS USD 1306733.14000000 0.005367733697 Long EC CORP US N 1 N N N Array Technologies Inc 549300JM5FECYJQ85V37 Array Technologies, Inc 04271T100 69116.00000000 NS USD 1030519.56000000 0.004233117228 Long EC CORP US N 1 N N N Inozyme Pharma Inc N/A Inozyme Pharma, Inc 45790W108 16918.00000000 NS USD 129591.88000000 0.000532331108 Long EC CORP US N 1 N N Worthington Enterprises Inc 1WRCIANKYOIK6KYE5E82 Worthington Industries, Inc 981811102 10006.00000000 NS USD 622673.38000000 0.002557786882 Long EC CORP US N 1 N N N Kura Oncology Inc 5493005QORQTZCZYOP39 Kura Oncology, Inc 50127T109 31598.00000000 NS USD 673985.34000000 0.002768563611 Long EC CORP US N 1 N N N Paramount Group Inc 5493006GJU1CFI7Z5J17 Paramount Group, Inc 69924R108 101864.00000000 NS USD 477742.16000000 0.001962445592 Long EC CORP US N 1 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 Berkshire Hathaway, Inc 084670702 871698.00000000 NS USD 366566442.96000000 1.505763486128 Long EC CORP US N 1 N N N European Wax Center Inc N/A European Wax Center, Inc 29882P106 10835.00000000 NS USD 140638.30000000 0.000577707045 Long EC CORP US N 1 N N VSE Corp 549300QWJYQDH4U5XI15 VSE Corp 918284100 5586.00000000 NS USD 446880.00000000 0.001835671539 Long EC CORP US N 1 N N N Wabash National Corp 5299004ZAWHQZI5XO485 Wabash National Corp 929566107 23411.00000000 NS USD 700925.34000000 0.002879226409 Long EC CORP US N 1 N N N Las Vegas Sands Corp 549300DUOO1KXOHPM605 Las Vegas Sands Corp 517834107 167139.00000000 NS USD 8641086.30000000 0.035495426493 Long EC CORP US N 1 N N N Apellis Pharmaceuticals Inc 254900HS0ZFRXXSB9D42 Apellis Pharmaceuticals, Inc 03753U106 46610.00000000 NS USD 2739735.80000000 0.011254151078 Long EC CORP US N 1 N N N Hasbro Inc 549300NUB6D2R1ITYR45 Hasbro, Inc 418056107 52964.00000000 NS USD 2993525.28000000 0.012296654939 Long EC CORP US N 1 N N N Western Alliance Bancorp 5493003VJXZ5JXT9S762 Western Alliance Bancorp 957638109 53770.00000000 NS USD 3451496.30000000 0.014177885621 Long EC CORP US N 1 N N N Trinseo PLC 549300TJ3HIGDA2Z8315 Trinseo plc G9059U107 23427.00000000 NS USD 88554.06000000 0.000363757983 Long EC CORP US N 1 N N N State Street Corp 549300ZFEEJ2IP5VME73 State Street Corp 857477103 147812.00000000 NS USD 11428823.84000000 0.046946756742 Long EC CORP US N 1 N N N Spectrum Brands Holdings Inc 549300JM0MJETDD30O20 Spectrum Brands Holdings, Inc 84790A105 13172.00000000 NS USD 1172439.72000000 0.004816089835 Long EC CORP US N 1 N N N Cambium Networks Corp 549300OYSIGK6OT5WL04 Cambium Networks Corp G17766109 4889.00000000 NS USD 21071.59000000 0.000086556834 Long EC CORP US N 1 N N Pliant Therapeutics Inc 5493002Q5LITR7VHZH02 Pliant Therapeutics, Inc 729139105 27964.00000000 NS USD 416663.60000000 0.001711550107 Long EC CORP US N 1 N N Eastman Chemical Co FDPVHDGJ1IQZFK9KH630 Eastman Chemical Co 277432100 60013.00000000 NS USD 6014502.86000000 0.024706077077 Long EC CORP US N 1 N N N BRP Group Inc N/A BRP Group, Inc 05589G102 25189.00000000 NS USD 728969.66000000 0.002994425478 Long EC CORP US N 1 N N N Williams Cos Inc/The D71FAKCBLFS2O0RBPG08 Williams Cos, Inc 969457100 592514.00000000 NS USD 23090270.58000000 0.094849070317 Long EC CORP US N 1 N N N Guidewire Software Inc 549300WXSG0J8IXZCK32 Guidewire Software, Inc 40171V100 39348.00000000 NS USD 4592305.08000000 0.018864043448 Long EC CORP US N 1 N N N AssetMark Financial Holdings Inc 5493001K4EDHT2T6W812 AssetMark Financial Holdings, Inc 04546L106 8796.00000000 NS USD 311466.36000000 0.001279426093 Long EC CORP US N 1 N N N Azenta Inc 35ZN6X1ANPH25YN32Y17 Brooks Automation, Inc 114340102 26921.00000000 NS USD 1622797.88000000 0.006666048788 Long EC CORP US N 1 N N N i-80 Gold Corp 549300LFFIWIGUEXPK11 i-80 Gold Corp 44955L106 96273.00000000 NS USD 129005.82000000 0.000529923720 Long EC CORP US N 1 N N Astria Therapeutics Inc N/A Astria Therapeutics, Inc 04635X102 197.00000000 NS USD 2772.78000000 0.000011389888 Long EC CORP US N 1 N N N Reinsurance Group of America Inc LORM1GNEU1DKEW527V90 Reinsurance Group of America, Inc (Class A) 759351604 29828.00000000 NS USD 5753224.64000000 0.023632811340 Long EC CORP US N 1 N N N Mosaic Co/The 2YD5STGSJNMUB7H76907 Mosaic Co 61945C103 144298.00000000 NS USD 4683913.08000000 0.019240346255 Long EC CORP US N 1 N N N Nelnet Inc 549300T6B0Q52I6OM558 Nelnet, Inc (Class A) 64031N108 3424.00000000 NS USD 324081.60000000 0.001331246351 Long EC CORP US N 1 N N N McCormick & Co Inc/MD 549300JQQA6MQ4OJP259 McCormick & Co, Inc 579780206 123083.00000000 NS USD 9454005.23000000 0.038834694627 Long EC CORP US N 1 N N N HCA Healthcare Inc 529900PH4ZGUH2MNEU89 HCA, Inc 40412C101 96972.00000000 NS USD 32343071.16000000 0.132857266444 Long EC CORP US N 1 N N N NexPoint Diversified Real Estate Trust 5493008KGR2NU3OXMR64 NexPoint Diversified Real Estate Trust 65340G205 15227.00000000 NS USD 100498.20000000 0.000412821530 Long EC CORP US N 1 N N Franklin Electric Co Inc RR6AURIKMXUE4Q24G284 Franklin Electric Co, Inc 353514102 20104.00000000 NS USD 2147308.24000000 0.008820606477 Long EC CORP US N 1 N N N Carrier Global Corp 549300JE3W6CWY2NAN77 Carrier Global Corp 14448C104 398310.00000000 NS USD 23153760.30000000 0.095109870245 Long EC CORP US N 1 N N N Super Micro Computer Inc 54930022CZO1N2UGVW07 Super Micro Computer, Inc 86800U104 23312.00000000 NS USD 23545819.36000000 0.096720351041 Long EC CORP US N 1 N N N Matthews International Corp 549300ZVC5O0ATML6U61 Matthews International Corp (Class A) 577128101 16885.00000000 NS USD 524785.80000000 0.002155689127 Long EC CORP US N 1 N N N Minerals Technologies Inc 549300D3I1QU67GP6403 Minerals Technologies, Inc 603158106 12674.00000000 NS USD 954098.72000000 0.003919199485 Long EC CORP US N 1 N N N Asana Inc 254900X7UAJNMLPLZ510 Asana, Inc 04342Y104 40356.00000000 NS USD 625114.44000000 0.002567814147 Long EC CORP US N 1 N N ON24 Inc N/A ON24, Inc 68339B104 4837.00000000 NS USD 34536.18000000 0.000141866010 Long EC CORP US N 1 N N N nCino OpCo Inc 549300WVRR2WR3L6MZ46 nCino OpCo, Inc 63947X101 25933.00000000 NS USD 969375.54000000 0.003981952850 Long EC CORP US N 1 N N Aurora Innovation Inc N/A Aurora Innovation, Inc 051774107 152445.00000000 NS USD 429894.90000000 0.001765900986 Long EC CORP US N 1 N N Seadrill Ltd 213800EQ6L456U2JCO89 Seadrill Ltd G7997W102 24929.00000000 NS USD 1253928.70000000 0.005150826233 Long EC CORP US N 1 N N N Dril-Quip Inc 5299007REICYIJNMW197 Dril-Quip, Inc 262037104 19159.00000000 NS USD 431652.27000000 0.001773119824 Long EC CORP US N 1 N N N Tellurian Inc 254900ZYXZHH5MQG6H78 Tellurian, Inc 87968A104 763744.00000000 NS USD 505140.28000000 0.002074990233 Long EC CORP US N 1 N N Electronic Arts Inc 549300O7A67PUEYKDL45 Electronic Arts, Inc 285512109 126113.00000000 NS USD 16731411.71000000 0.068728464670 Long EC CORP US N 1 N N N AvidXchange Holdings Inc N/A AvidXchange Holdings, Inc 05368X102 75147.00000000 NS USD 988183.05000000 0.004059209409 Long EC CORP US N 1 N N N Hannon Armstrong Sustainable Infrastructure Capital Inc 254900ZZRL7MWL1X8E92 Hannon Armstrong Sustainable Infrastructure Capital, Inc 41068X100 41845.00000000 NS USD 1188398.00000000 0.004881642468 Long EC CORP US N 1 N N Crown Castle Inc 54930012H97VSM0I2R19 Crown Castle, Inc 22822V101 210447.00000000 NS USD 22271606.01000000 0.091486200527 Long EC CORP US N 1 N N N Energizer Holdings Inc 5493000D6NN0V57UME20 Energizer Holdings, Inc 29272W109 34187.00000000 NS USD 1006465.28000000 0.004134308248 Long EC CORP US N 1 N N N Nature's Sunshine Products Inc N/A Nature's Sunshine Products, Inc 639027101 5868.00000000 NS USD 121878.36000000 0.000500645893 Long EC CORP US N 1 N N N Pinnacle West Capital Corp TWSEY0NEDUDCKS27AH81 Pinnacle West Capital Corp 723484101 55268.00000000 NS USD 4130177.64000000 0.016965739229 Long EC CORP US N 1 N N N Ramaco Resources Inc 5493001BYUI4TCQOPF70 Ramaco Resources, Inc 75134P600 11495.00000000 NS USD 193575.80000000 0.000795161087 Long EC CORP US N 1 N N N Blue Owl Capital Inc N/A Blue Owl Capital, Inc 09581B103 207831.00000000 NS USD 3919692.66000000 0.016101119449 Long EC CORP US N 1 N N N Kohl's Corp 549300JF6LPRTRJ0FH50 Kohl's Corp 500255104 65995.00000000 NS USD 1923754.25000000 0.007902302465 Long EC CORP US N 1 N N N Dyne Therapeutics Inc N/A Dyne Therapeutics, Inc 26818M108 38158.00000000 NS USD 1083305.62000000 0.004449949192 Long EC CORP US N 1 N N N MeiraGTx Holdings plc 54930007YV6NYIOGFZ57 MeiraGTx Holdings plc G59665102 10086.00000000 NS USD 61222.02000000 0.000251484782 Long EC CORP US N 1 N N N Stellar Bancorp Inc 54930070P8Z0WHFBB536 Stellar Bancorp, Inc 858927106 23920.00000000 NS USD 582691.20000000 0.002393550063 Long EC CORP US N 1 N N N Balchem Corp 549300VR70OPMHUI3557 Balchem Corp 057665200 15070.00000000 NS USD 2335096.50000000 0.009591993794 Long EC CORP US N 1 N N N Organon & Co 549300AMCKY57OK2CO56 Organon & Co 68622V106 99908.00000000 NS USD 1878270.40000000 0.007715466158 Long EC CORP US N 1 N N N Texas Roadhouse Inc 5299002Y1CNRPDGXTQ75 Texas Roadhouse, Inc (Class A) 882681109 35053.00000000 NS USD 5414636.91000000 0.022241977426 Long EC CORP US N 1 N N N General Mills Inc 2TGYMUGI08PO8X8L6150 General Mills, Inc 370334104 267606.00000000 NS USD 18724391.82000000 0.076915129696 Long EC CORP US N 1 N N N Ecovyst Inc N/A Ecovyst, Inc 27923Q109 20162.00000000 NS USD 224806.30000000 0.000923448189 Long EC CORP US N 1 N N N FRP Holdings Inc N/A FRP Holdings, Inc 30292L107 4942.00000000 NS USD 303438.80000000 0.001246450879 Long EC CORP US N 1 N N N Masterbrand Inc 549300E0Y4BR5Z9RDZ64 Masterbrand, Inc 57638P104 67350.00000000 NS USD 1262139.00000000 0.005184552097 Long EC CORP US N 1 N N N Monolithic Power Systems Inc 529900TB7O85LSZ1XU31 Monolithic Power Systems, Inc 609839105 21877.00000000 NS USD 14819917.34000000 0.060876522733 Long EC CORP US N 1 N N N STAAR Surgical Co 5299006LRHI7OJ8BY308 STAAR Surgical Co 852312305 26141.00000000 NS USD 1000677.48000000 0.004110533410 Long EC CORP US N 1 N N N Kelly Services Inc N/A Kelly Services, Inc (Class A) 488152208 20372.00000000 NS USD 510114.88000000 0.002095424648 Long EC CORP US N 1 N N N DENTSPLY SIRONA Inc 9NHEHR1SOZCYXDO8HO28 Dentsply Sirona, Inc 24906P109 106534.00000000 NS USD 3535863.46000000 0.014524444864 Long EC CORP US N 1 N N N IDEXX Laboratories Inc OGMTXK0LUU1HKV2P0J84 IDEXX Laboratories, Inc 45168D104 39487.00000000 NS USD 21320215.91000000 0.087578127376 Long EC CORP US N 1 N N N Erasca Inc N/A Erasca, Inc 29479A108 33527.00000000 NS USD 69065.62000000 0.000283704334 Long EC CORP US N 1 N N N Cummins Inc ZUNI8PYC725B6H8JU438 Cummins, Inc 231021106 67933.00000000 NS USD 20016458.45000000 0.082222617030 Long EC CORP US N 1 N N N Distribution Solutions Group Inc N/A Lawson Products, Inc 520776105 9846.00000000 NS USD 349336.08000000 0.001434985454 Long EC CORP US N 1 N N N WesBanco Inc N/A WesBanco, Inc 950810101 21097.00000000 NS USD 628901.57000000 0.002583370733 Long EC CORP US N 1 N N N Copart Inc 549300KVYX3JWMYEHU61 Copart, Inc 217204106 397909.00000000 NS USD 23046889.28000000 0.094670870760 Long EC CORP US N 1 N N N Gartner Inc PP55B5R38BFB8O8HH686 Gartner, Inc 366651107 36319.00000000 NS USD 17312177.73000000 0.071114106574 Long EC CORP US N 1 N N N El Pollo Loco Holdings Inc 549300EZCBNF4G707K90 El Pollo Loco Holdings, Inc 268603107 14501.00000000 NS USD 141239.74000000 0.000580177611 Long EC CORP US N 1 N N N German American Bancorp Inc 5493002JDOI3GTNVUD76 German American Bancorp, Inc 373865104 5087.00000000 NS USD 176213.68000000 0.000723841830 Long EC CORP US N 1 N N N Guess? Inc 549300QVH3ZK2DW0KP86 Guess, Inc 401617105 21962.00000000 NS USD 691144.14000000 0.002839047680 Long EC CORP US N 1 N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 EOG Resources, Inc 26875P101 283808.00000000 NS USD 36282014.72000000 0.149037463787 Long EC CORP US N 1 N N N Robinhood Markets Inc 213800FS5AO3YWIE6F63 Robinhood Markets, Inc 770700102 293376.00000000 NS USD 5905658.88000000 0.024258973165 Long EC CORP US N 1 N N N Mirion Technologies Inc 549300BNTOWVWFNVTJ65 Mirion Technologies, Inc 60471A101 70213.00000000 NS USD 798321.81000000 0.003279306807 Long EC CORP US N 1 N N N OPKO Health Inc 529900A4S2D4OGOJLL02 Opko Health, Inc 68375N103 238337.00000000 NS USD 286004.40000000 0.001174834714 Long EC CORP US N 1 N N Crescent Energy Co N/A Crescent Energy Co 44952J104 10678.00000000 NS USD 127068.20000000 0.000521964460 Long EC CORP US N 1 N N HealthEquity Inc 529900LRJU1RAFQHM467 HealthEquity, Inc 42226A107 42554.00000000 NS USD 3473683.02000000 0.014269023131 Long EC CORP US N 1 N N N Legacy Housing Corp N/A Legacy Housing Corp 52472M101 4968.00000000 NS USD 106911.36000000 0.000439165191 Long EC CORP US N 1 N N N Marcus & Millichap Inc 549300B2HE8ULXNB1N48 Marcus & Millichap, Inc 566324109 11498.00000000 NS USD 392886.66000000 0.001613880370 Long EC CORP US N 1 N N N Skyline Champion Corp N/A Skyline Champion Corp 830830105 28672.00000000 NS USD 2437406.72000000 0.010012258651 Long EC CORP US N 1 N N N Upbound Group Inc 529900QUHE15UQNCCJ63 Upbound Group, Inc 76009N100 6465.00000000 NS USD 227632.65000000 0.000935058129 Long EC CORP US N 1 N N N GE HealthCare Technologies Inc 549300OI9J7XOWZMUN85 GE HealthCare Technologies, Inc 36266G107 199606.00000000 NS USD 18146181.46000000 0.074539985805 Long EC CORP US N 1 N N N Coursera Inc 984500573CA1QB7DAC30 Coursera, Inc 22266M104 57806.00000000 NS USD 810440.12000000 0.003329085801 Long EC CORP US N 1 N N N Sonic Automotive Inc 549300NTLRGJ2JCBZU03 Sonic Automotive, Inc (Class A) 83545G102 62.00000000 NS USD 3530.28000000 0.000014501509 Long EC CORP US N 1 N N N NU Holdings Ltd/Cayman Islands 5493002DG1RHWK9W2X27 NU Holdings Ltd G6683N103 1079262.00000000 NS USD 12875595.66000000 0.052889734396 Long EC CORP US N 1 N N N Crane Co 5493000CQRQOTHUODL75 Crane Co 224408104 21581.00000000 NS USD 2916240.53000000 0.011979188469 Long EC CORP US N 1 N N N Vericel Corp 54930076YM3PLTDR4B91 Vericel Corp 92346J108 24994.00000000 NS USD 1300187.88000000 0.005340847402 Long EC CORP US N 1 N N N Universal Health Realty Income Trust 549300L4MWZL4IH6H172 Universal Health Realty Income Trust 91359E105 2401.00000000 NS USD 88140.71000000 0.000362060044 Long EC CORP US N 1 N N N Harmony Biosciences Holdings Inc N/A Harmony Biosciences Holdings, Inc 413197104 12195.00000000 NS USD 409508.10000000 0.001682157098 Long EC CORP US N 1 N N N Southwestern Energy Co EFWMP121W54QV9MGOP87 Southwestern Energy Co 845467109 525409.00000000 NS USD 3982600.22000000 0.016359528009 Long EC CORP US N 1 N N N Matson Inc 549300OI5H3Y0I9I4I12 Matson, Inc 57686G105 17593.00000000 NS USD 1977453.20000000 0.008122884353 Long EC CORP US N 1 N N N Cousins Properties Inc 5493007XPYD5EJABN062 Cousins Properties, Inc 222795502 84914.00000000 NS USD 2041332.56000000 0.008385284826 Long EC CORP US N 1 N N N Visteon Corp 549300MOVLYHRW4GGW78 Visteon Corp 92839U206 12140.00000000 NS USD 1427785.40000000 0.005864986178 Long EC CORP US N 1 N N N Iron Mountain Inc SQL3F6CKNNBM3SQGHX24 Iron Mountain, Inc 46284V101 135732.00000000 NS USD 10887063.72000000 0.044721341343 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 Microsoft Corp 594918104 3547433.00000000 NS USD 1492476011.76000000 6.130719070418 Long EC CORP US N 1 N N N International Seaways Inc 549300YUFDGFRNGBWF46 International Seaways, Inc Y41053102 16438.00000000 NS USD 874501.60000000 0.003592234376 Long EC CORP US N 1 N N N Heartland Financial USA Inc 549300QF7B0DFZT32C73 Heartland Financial USA, Inc 42234Q102 13408.00000000 NS USD 471291.20000000 0.001935946658 Long EC CORP US N 1 N N N Rayonier Inc HGV8VDVNL0W6SF2U9C50 Rayonier, Inc 754907103 75814.00000000 NS USD 2520057.36000000 0.010351766858 Long EC CORP US N 1 N N N Driven Brands Holdings Inc N/A Driven Brands Holdings, Inc 26210V102 20676.00000000 NS USD 326474.04000000 0.001341073898 Long EC CORP US N 1 N N N Greenbrier Cos Inc/The 5493001GAGGFR30BP390 Greenbrier Cos, Inc 393657101 14394.00000000 NS USD 749927.40000000 0.003080514645 Long EC CORP US N 1 N N N Farmers National Banc Corp N/A Farmers National Banc Corp 309627107 18150.00000000 NS USD 242484.00000000 0.000996063770 Long EC CORP US N 1 N N N Vertex Energy Inc 549300TTMSREGCR7D585 Vertex Energy, Inc 92534K107 27727.00000000 NS USD 38817.80000000 0.000159453837 Long EC CORP US N 1 N N Plumas Bancorp 549300O5TKTXYTYP4G59 Plumas Bancorp 729273102 2662.00000000 NS USD 97934.98000000 0.000402292462 Long EC CORP US N 1 N N N Southside Bancshares Inc 549300TC83207VQA2K65 Southside Bancshares, Inc 84470P109 10544.00000000 NS USD 308201.12000000 0.001266013302 Long EC CORP US N 1 N N Piedmont Lithium Inc 254900QJ73581MY1JN11 Piedmont Lithium, Inc 72016P105 8901.00000000 NS USD 118561.32000000 0.000487020320 Long EC CORP US N 1 N N Karyopharm Therapeutics Inc 549300J1VANRCNTYST87 Karyopharm Therapeutics, Inc 48576U106 46110.00000000 NS USD 69626.10000000 0.000286006646 Long EC CORP US N 1 N N LTC Properties Inc 549300NRZP8IJG2KY677 LTC Properties, Inc 502175102 19960.00000000 NS USD 648899.60000000 0.002665517650 Long EC CORP US N 1 N N N Philip Morris International Inc HL3H1H2BGXWVG3BSWR90 Philip Morris International, Inc 718172109 734496.00000000 NS USD 67294523.52000000 0.276429112044 Long EC CORP US N 1 N N N Citizens & Northern Corp N/A Citizens & Northern Corp 172922106 9568.00000000 NS USD 179687.04000000 0.000738109526 Long EC CORP US N 1 N N N Corteva Inc 549300WZN9I2QKLS0O94 Corteva, Inc 22052L104 343155.00000000 NS USD 19789748.85000000 0.081291350559 Long EC CORP US N 1 N N N Houlihan Lokey Inc 549300S3CNGTQ1QZVY46 Houlihan Lokey, Inc 441593100 25893.00000000 NS USD 3319223.67000000 0.013634542660 Long EC CORP US N 1 N N N Freshworks Inc 254900ULRGCUEIK0K191 Freshworks, Inc 358054104 80143.00000000 NS USD 1459404.03000000 0.005994867621 Long EC CORP US N 1 N N N Charter Communications Inc 0J0XRGZE3PBRFEZ7MV65 Charter Communications, Inc 16119P108 48408.00000000 NS USD 14068817.04000000 0.057791190106 Long EC CORP US N 1 N N N Spirit AeroSystems Holdings Inc N/A Spirit Aerosystems Holdings, Inc (Class A) 848574109 59911.00000000 NS USD 2160989.77000000 0.008876806789 Long EC CORP US N 1 N N N ImmunityBio Inc 529900J9XLBR4HFL4B83 ImmunityBio, Inc 45256X103 29826.00000000 NS USD 160165.62000000 0.000657920404 Long EC CORP US N 1 N N American Software Inc/GA N/A American Software, Inc (Class A) 029683109 15720.00000000 NS USD 179994.00000000 0.000739370441 Long EC CORP US N 1 N N N Hallador Energy Co 254900GKEQRHOI2SSC19 Hallador Energy Co 40609P105 11237.00000000 NS USD 59893.21000000 0.000246026362 Long EC CORP US N 1 N N N FormFactor Inc 549300YCEEO6SZD1ZR61 Formfactor, Inc 346375108 42439.00000000 NS USD 1936491.57000000 0.007954624197 Long EC CORP US N 1 N N N Teledyne Technologies Inc 549300VSMO9KYQWDND94 Teledyne Technologies, Inc 879360105 21133.00000000 NS USD 9072819.56000000 0.037268879004 Long EC CORP US N 1 N N N UFP Industries Inc 5493007KB485C9OV5572 UFP Industries, Inc 90278Q108 26618.00000000 NS USD 3274280.18000000 0.013449926017 Long EC CORP US N 1 N N N Arbor Realty Trust Inc 549300ASFUWYQO0RW077 Arbor Realty Trust, Inc 038923108 61262.00000000 NS USD 811721.50000000 0.003334349390 Long EC CORP US N 1 N N Quipt Home Medical Corp N/A Quipt Home Medical Corp 74880P104 20774.00000000 NS USD 90782.38000000 0.000372911366 Long EC CORP US N 1 N N Dynavax Technologies Corp 549300T5URIXWDILX594 Dynavax Technologies Corp 268158201 58823.00000000 NS USD 729993.43000000 0.002998630870 Long EC CORP US N 1 N N N Veris Residential Inc N/A Mack-Cali Realty Corp 554489104 47939.00000000 NS USD 729152.19000000 0.002995175266 Long EC CORP US N 1 N N N MDU Resources Group Inc 0T6SBMK3JTBI1JR36794 MDU Resources Group, Inc 552690109 96446.00000000 NS USD 2430439.20000000 0.009983637817 Long EC CORP US N 1 N N N Enstar Group Ltd 213800AMAL5QFXVUCN04 Enstar Group Ltd G3075P101 4741.00000000 NS USD 1473313.16000000 0.006052002856 Long EC CORP US N 1 N N N Natural Grocers by Vitamin Cottage Inc 529900P4OTXDGBUS3O87 Natural Grocers by Vitamin Cottage, Inc 63888U108 6410.00000000 NS USD 115700.50000000 0.000475268785 Long EC CORP US N 1 N N N Ciena Corp W0CZ7N0GH8UIGXDM1H41 Ciena Corp 171779309 66786.00000000 NS USD 3302567.70000000 0.013566124091 Long EC CORP US N 1 N N N Xenia Hotels & Resorts Inc 54930075IWIPHF5IQL62 Xenia Hotels & Resorts, Inc 984017103 62184.00000000 NS USD 933381.84000000 0.003834099711 Long EC CORP US N 1 N N N Liberty Media Corp-Liberty Formula One N/A Liberty Media Corp-Liberty Formula One (Class C) 531229755 90959.00000000 NS USD 5966910.40000000 0.024510579126 Long EC CORP US N 1 N N N PROS Holdings Inc 549300LPE1KNL5RWKQ48 PROS Holdings, Inc 74346Y103 19034.00000000 NS USD 691505.22000000 0.002840530907 Long EC CORP US N 1 N N N Albemarle Corp HDBLS2Q6GV1LSKQPBS54 Albemarle Corp 012653101 56068.00000000 NS USD 7386398.32000000 0.030341481327 Long EC CORP US N 1 N N N PAR Technology Corp 549300HYPTHBJQINVG57 PAR Technology Corp 698884103 12941.00000000 NS USD 587003.76000000 0.002411264983 Long EC CORP US N 1 N N QuidelOrtho Corp 549300YU8CMO9HF53113 QuidelOrtho Corp 219798105 26154.00000000 NS USD 1253822.76000000 0.005150391058 Long EC CORP US N 1 N N N Mitek Systems Inc 549300ABZAQ3R25XG118 Mitek Systems, Inc 606710200 22456.00000000 NS USD 316629.60000000 0.001300635394 Long EC CORP US N 1 N N Callon Petroleum Co 549300EFOWPEB0WLZW21 Callon Petroleum Co 13123X508 21769.00000000 NS USD 778459.44000000 0.003197717147 Long EC CORP US N 1 N N N Tucows Inc 529900860LTAB4QUV247 Tucows, Inc 898697206 6516.00000000 NS USD 120936.96000000 0.000496778856 Long EC CORP US N 1 N N Popular Inc 5493008CARDZMVQ3LO89 Popular, Inc 733174700 38321.00000000 NS USD 3375696.89000000 0.013866520558 Long EC CORP US N 1 N N N Post Holdings Inc JM1I5YUAURL6DC8N1468 Post Holdings, Inc 737446104 27833.00000000 NS USD 2958091.24000000 0.012151100744 Long EC CORP US N 1 N N N Credit Acceptance Corp N/A Credit Acceptance Corp 225310101 3577.00000000 NS USD 1972894.35000000 0.008104157735 Long EC CORP US N 1 N N N TG Therapeutics Inc 529900X21UKABN9NJ529 TG Therapeutics, Inc 88322Q108 69942.00000000 NS USD 1063817.82000000 0.004369898172 Long EC CORP US N 1 N N N Novagold Resources Inc 529900587LVZTJ2BHS60 Novagold Resources, Inc 66987E206 149512.00000000 NS USD 448536.00000000 0.001842473974 Long EC CORP US N 1 N N N Patterson-UTI Energy Inc 254900XGFBKIXD6G0697 Patterson-UTI Energy, Inc 703481101 159529.00000000 NS USD 1904776.26000000 0.007824345617 Long EC CORP US N 1 N N N Savara Inc 5493002JO0WM3YMJXG33 Savara, Inc 805111101 38005.00000000 NS USD 189264.90000000 0.000777452985 Long EC CORP US N 1 N N Enviri Corp KAO98FK89NPNNPQGUZ43 Harsco Corp 415864107 42732.00000000 NS USD 390997.80000000 0.001606121405 Long EC CORP US N 1 N N N CNO Financial Group Inc 11XPYHB76MPM4Y4P2897 CNO Financial Group, Inc 12621E103 66761.00000000 NS USD 1834592.28000000 0.007536047339 Long EC CORP US N 1 N N N Medifast Inc 5299000YHQJ21T5KKI80 Medifast, Inc 58470H101 6191.00000000 NS USD 237239.12000000 0.000974519111 Long EC CORP US N 1 N N N Digi International Inc 529900KG656HGROI4N27 Digi International, Inc 253798102 18652.00000000 NS USD 595558.36000000 0.002446405145 Long EC CORP US N 1 N N N Huron Consulting Group Inc 549300NGVB9H6TKTLE36 Huron Consulting Group, Inc 447462102 9371.00000000 NS USD 905426.02000000 0.003719264178 Long EC CORP US N 1 N N N Moderna Inc 549300EI6OKH5K5Q2G38 Moderna, Inc 60770K107 158943.00000000 NS USD 16936966.08000000 0.069572830734 Long EC CORP US N 1 N N SPS Commerce Inc 2549006XVF9GCCETDQ72 SPS Commerce, Inc 78463M107 19690.00000000 NS USD 3640681.00000000 0.014955009166 Long EC CORP US N 1 N N N Amneal Pharmaceuticals Inc 549300VV176ZO5WQHZ61 Amneal Pharmaceuticals, Inc 03168L105 53162.00000000 NS USD 322161.72000000 0.001323359963 Long EC CORP US N 1 N N N Equinix Inc 549300EVUN2BTLJ3GT74 Equinix, Inc 29444U700 44252.00000000 NS USD 36522503.16000000 0.150025330295 Long EC CORP US N 1 N N N Five9 Inc 254900MXP6EWY0SFFR59 Five9, Inc 338307101 37675.00000000 NS USD 2339994.25000000 0.009612112529 Long EC CORP US N 1 N N N Codexis Inc N/A Codexis, Inc 192005106 23538.00000000 NS USD 82147.62000000 0.000337441926 Long EC CORP US N 1 N N N ACV Auctions Inc N/A ACV Auctions, Inc 00091G104 57811.00000000 NS USD 1085112.47000000 0.004457371281 Long EC CORP US N 1 N N N Ally Financial Inc 549300JBN1OSM8YNAI90 Ally Financial, Inc 02005N100 129820.00000000 NS USD 5269393.80000000 0.021645354970 Long EC CORP US N 1 N N N Airbnb Inc 549300HMUDNO0RY56D37 Airbnb, Inc 009066101 198261.00000000 NS USD 32705134.56000000 0.134344532553 Long EC CORP US N 1 N N N Huntsman Corp 5299000V56320A7RIQ67 Huntsman Corp 447011107 85574.00000000 NS USD 2227491.22000000 0.009149978153 Long EC CORP US N 1 N N N Equitable Holdings Inc 549300FIBAKMNHPZ4009 Equitable Holdings, Inc 29452E101 154872.00000000 NS USD 5886684.72000000 0.024181032050 Long EC CORP US N 1 N N N Metallus Inc 549300QZTZWHDE9HJL14 TimkenSteel Corp 887399103 29755.00000000 NS USD 662048.75000000 0.002719531078 Long EC CORP US N 1 N N N DraftKings Inc 2549006G33IUL6IVOD83 DraftKings, Inc 26142V105 208489.00000000 NS USD 9467485.49000000 0.038890068172 Long EC CORP US N 1 N N N Nabors Industries Ltd 5493008TXYN3II3PU369 Nabors Industries Ltd G6359F137 4194.00000000 NS USD 361229.22000000 0.001483839505 Long EC CORP US N 1 N N N RBB Bancorp 549300A23FBFZNGET525 RBB Bancorp 74930B105 9265.00000000 NS USD 166862.65000000 0.000685430132 Long EC CORP US N 1 N N N Oxford Industries Inc IDZ20O0XD3GS4UOI2L88 Oxford Industries, Inc 691497309 8770.00000000 NS USD 985748.00000000 0.004049206831 Long EC CORP US N 1 N N N Haemonetics Corp 549300ZEL6TXZS6F5F95 Haemonetics Corp 405024100 24773.00000000 NS USD 2114375.55000000 0.008685327204 Long EC CORP US N 1 N N N Zillow Group Inc 2549002XEELQDIR6FU05 Zillow Group, Inc (Class A) 98954M101 20587.00000000 NS USD 985293.82000000 0.004047341173 Long EC CORP US N 1 N N N Global Net Lease Inc 549300NUYANCT5SU8Z65 Global Net Lease, Inc 379378201 90865.00000000 NS USD 706021.05000000 0.002900158314 Long EC CORP US N 1 N N N Energy Fuels Inc/Canada 529900P0GCATXMGK8I62 Energy Fuels, Inc 292671708 56201.00000000 NS USD 353504.29000000 0.001452107420 Long EC CORP US N 1 N N Frontier Communications Parent Inc N/A Frontier Communications Parent, Inc 35909D109 126319.00000000 NS USD 3094815.50000000 0.012712729890 Long EC CORP US N 1 N N N Euronet Worldwide Inc YG3575C4DSHJPA5KET68 Euronet Worldwide, Inc 298736109 22022.00000000 NS USD 2420878.46000000 0.009944364683 Long EC CORP US N 1 N N N Westrock Coffee Co N/A Westrock Coffee Co 96145W103 14287.00000000 NS USD 147584.71000000 0.000606241164 Long EC CORP US N 1 N N Lamb Weston Holdings Inc 5493005SMYID1D2OY946 Lamb Weston Holdings, Inc 513272104 66946.00000000 NS USD 7131757.38000000 0.029295479880 Long EC CORP US N 1 N N N Financial Institutions Inc N/A Financial Institutions, Inc 317585404 10211.00000000 NS USD 192171.02000000 0.000789390601 Long EC CORP US N 1 N N N Strategic Education Inc 0PYXF82EO1UCNGL5I740 Strategic Education, Inc 86272C103 11328.00000000 NS USD 1179471.36000000 0.004844974058 Long EC CORP US N 1 N N N Hackett Group Inc/The 5K016KLIRB6156644289 Hackett Group, Inc 404609109 17956.00000000 NS USD 436330.80000000 0.001792338058 Long EC CORP US N 1 N N N Quanta Services Inc SHVRXXEACT60MMH07S24 Quanta Services, Inc 74762E102 68806.00000000 NS USD 17875798.80000000 0.073429321301 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 PayPal Holdings, Inc 70450Y103 513916.00000000 NS USD 34427232.84000000 0.141418482609 Long EC CORP US N 1 N N N MRC Global Inc 529900TSBPOLCLI2L582 MRC Global, Inc 55345K103 43932.00000000 NS USD 552225.24000000 0.002268403500 Long EC CORP US N 1 N N N Eagle Bulk Shipping Inc 549300EC4INNZBWR8W37 Eagle Bulk Shipping, Inc Y2187A150 4116.00000000 NS USD 257126.52000000 0.001056211588 Long EC CORP US N 1 N N DoubleVerify Holdings Inc N/A DoubleVerify Holdings, Inc 25862V105 55975.00000000 NS USD 1968081.00000000 0.008084385694 Long EC CORP US N 1 N N N Globant SA 2221008DCMSPYS42DS88 Globant S.A. L44385109 18760.00000000 NS USD 3787644.00000000 0.015558696501 Long EC CORP US N 1 N N N Northwestern Energy Group Inc 254900N1WG46G1VMDM34 NorthWestern Corp 668074305 27636.00000000 NS USD 1407501.48000000 0.005781664895 Long EC CORP US N 1 N N N Red River Bancshares Inc 549300SO63STZV7UHM15 Red River Bancshares, Inc 75686R202 2235.00000000 NS USD 111280.65000000 0.000457113144 Long EC CORP US N 1 N N N Mativ Holdings Inc 549300Z1FU4IDULG1R21 Schweitzer-Mauduit International, Inc 808541106 9517.00000000 NS USD 178443.75000000 0.000733002401 Long EC CORP US N 1 N N N Chesapeake Utilities Corp 254900WW0FDCKAOCKE74 Chesapeake Utilities Corp 165303108 9405.00000000 NS USD 1009156.50000000 0.004145363108 Long EC CORP US N 1 N N N Helen of Troy Ltd N/A Helen of Troy Ltd G4388N106 13347.00000000 NS USD 1538108.28000000 0.006318165042 Long EC CORP US N 1 N N N Mercury Systems Inc 549300P3B84SGK7HH679 Mercury Computer Systems, Inc 589378108 30340.00000000 NS USD 895030.00000000 0.003676559922 Long EC CORP US N 1 N N N VeriSign Inc LMPL4N8ZOJRMF0KOF759 VeriSign, Inc 92343E102 43208.00000000 NS USD 8188348.08000000 0.033635690847 Long EC CORP US N 1 N N N Churchill Downs Inc 529900FODTBQC8MIS994 Churchill Downs, Inc 171484108 32858.00000000 NS USD 4066177.50000000 0.016702842622 Long EC CORP US N 1 N N N Raymond James Financial Inc RGUZHJ05YTITL6D76949 Raymond James Financial, Inc 754730109 89696.00000000 NS USD 11518760.32000000 0.047316193362 Long EC CORP US N 1 N N N Tactile Systems Technology Inc 54930069VDTITHOTKJ98 Tactile Systems Technology, Inc 87357P100 10460.00000000 NS USD 169975.00000000 0.000698214889 Long EC CORP US N 1 N N N Agios Pharmaceuticals Inc 529900ONJHY8EOGYT555 Agios Pharmaceuticals, Inc 00847X104 34493.00000000 NS USD 1008575.32000000 0.004142975766 Long EC CORP US N 1 N N N NexPoint Residential Trust Inc 549300U2J6XVYBF87166 NexPoint Residential Trust, Inc 65341D102 12730.00000000 NS USD 409778.70000000 0.001683268656 Long EC CORP US N 1 N N N Toro Co/The YJKE4YIT6BWQHVEW0D14 Toro Co 891092108 51928.00000000 NS USD 4758162.64000000 0.019545344921 Long EC CORP US N 1 N N N Vital Farms Inc 549300S6NYY7ER3XOT61 Vital Farms, Inc 92847W103 13394.00000000 NS USD 311410.50000000 0.001279196634 Long EC CORP US N 1 N N N MFA Financial Inc YW72IMH2RRC8Z1TGLG58 MFA Financial, Inc 55272X607 46018.00000000 NS USD 525065.38000000 0.002156837572 Long EC CORP US N 1 N N N GrowGeneration Corp N/A GrowGeneration Corp 39986L109 29518.00000000 NS USD 84421.48000000 0.000346782375 Long EC CORP US N 1 N N Altria Group Inc XSGZFLO9YTNO9VCQV219 Altria Group, Inc 02209S103 843457.00000000 NS USD 36791594.34000000 0.151130689722 Long EC CORP US N 1 N N N Marine Products Corp N/A Marine Products Corp 568427108 8407.00000000 NS USD 98782.25000000 0.000405772835 Long EC CORP US N 1 N N ACCO Brands Corp JCT8P4Y190IH4I1NX328 ACCO Brands Corp 00081T108 5587.00000000 NS USD 31343.07000000 0.000128749511 Long EC CORP US N 1 N N N Omnicom Group Inc HKUPACFHSSASQK8HLS17 Omnicom Group, Inc 681919106 97357.00000000 NS USD 9420263.32000000 0.038696091280 Long EC CORP US N 1 N N N MeridianLink Inc N/A MeridianLink, Inc 58985J105 11893.00000000 NS USD 222399.10000000 0.000913560012 Long EC CORP US N 1 N N N Agilent Technologies Inc QUIX8Y7A2WP0XRMW7G29 Agilent Technologies, Inc 00846U101 141540.00000000 NS USD 20595485.40000000 0.084601115268 Long EC CORP US N 1 N N N Perella Weinberg Partners N/A Perella Weinberg Partners 71367G102 23862.00000000 NS USD 337170.06000000 0.001385010479 Long EC CORP US N 1 N N N Camden National Corp 549300ZVEDL2L8UW4F28 Camden National Corp 133034108 7078.00000000 NS USD 237254.56000000 0.000974582535 Long EC CORP US N 1 N N N Northeast Bank 549300F0LV9TSW34E306 Northeast Bank 66405S100 3442.00000000 NS USD 190480.28000000 0.000782445463 Long EC CORP US N 1 N N N SIGA Technologies Inc N/A SIGA Technologies, Inc 826917106 35191.00000000 NS USD 301234.96000000 0.001237398054 Long EC CORP US N 1 N N N Gulfport Energy Operating Corp 549300FJX18IDUFPHD40 Gulfport Energy Operating Corp 402635502 6101.00000000 NS USD 976892.12000000 0.004012829085 Long EC CORP US N 1 N N N Danimer Scientific Inc 549300L6Q02MAX72BH35 Danimer Scientific, Inc 236272100 36022.00000000 NS USD 39263.98000000 0.000161286633 Long EC CORP US N 1 N N Xcel Energy Inc LGJNMI9GH8XIDG5RCM61 Xcel Energy, Inc 98389B100 273699.00000000 NS USD 14711321.25000000 0.060430437090 Long EC CORP US N 1 N N N Relay Therapeutics Inc N/A Relay Therapeutics, Inc 75943R102 31945.00000000 NS USD 265143.50000000 0.001089143342 Long EC CORP US N 1 N N N Roku Inc 549300KR6ITU0YIR1T71 Roku, Inc 77543R102 57130.00000000 NS USD 3723162.10000000 0.015293820945 Long EC CORP US N 1 N N N Paycor HCM Inc N/A Paycor HCM, Inc 70435P102 36294.00000000 NS USD 705555.36000000 0.002898245376 Long EC CORP US N 1 N N N Regions Financial Corp CW05CS5KW59QTC0DG824 Regions Financial Corp 7591EP100 446451.00000000 NS USD 9393329.04000000 0.038585451978 Long EC CORP US N 1 N N N Valmont Industries Inc 5493009ZGZJJ8F77JN08 Valmont Industries, Inc 920253101 10628.00000000 NS USD 2426159.84000000 0.009966059274 Long EC CORP US N 1 N N N Peloton Interactive Inc 5493002YS021166W0339 Peloton Interactive, Inc 70614W100 145284.00000000 NS USD 622541.94000000 0.002557246959 Long EC CORP US N 1 N N Gibraltar Industries Inc N/A Gibraltar Industries, Inc 374689107 17907.00000000 NS USD 1442050.71000000 0.005923584512 Long EC CORP US N 1 N N N CBIZ Inc 529900D5X8CFM8O1N813 CBIZ, Inc 124805102 18053.00000000 NS USD 1417160.50000000 0.005821341739 Long EC CORP US N 1 N N N Thryv Holdings Inc N/A Thryv Holdings, Inc 886029206 13027.00000000 NS USD 289590.21000000 0.001189564327 Long EC CORP US N 1 N N N BioMarin Pharmaceutical Inc NSLL8ITTRR0J5HEMR848 BioMarin Pharmaceutical, Inc 09061G101 93702.00000000 NS USD 8183932.68000000 0.033617553486 Long EC CORP US N 1 N N N Whitestone REIT N/A Whitestone REIT 966084204 25132.00000000 NS USD 315406.60000000 0.001295611616 Long EC CORP US N 1 N N N ADMA Biologics Inc N/A ADMA Biologics, Inc 000899104 95244.00000000 NS USD 628610.40000000 0.002582174679 Long EC CORP US N 1 N N N Bio-Techne Corp 54930073RLKQ51TILZ35 Bio-Techne Corp 09073M104 78368.00000000 NS USD 5516323.52000000 0.022659680648 Long EC CORP US N 1 N N N T-Mobile US Inc 549300QHIJYOHPACPG31 T-Mobile US, Inc 872590104 229712.00000000 NS USD 37493592.64000000 0.154014323583 Long EC CORP US N 1 N N N Fortune Brands Innovations Inc 54930032LHW54PQUJD44 Fortune Brands Innovations, Inc 34964C106 67350.00000000 NS USD 5702524.50000000 0.023424547815 Long EC CORP US N 1 N N N Liberty Media Corp-Liberty Live N/A Liberty Media Corp-Liberty Live (Class C) 531229722 22561.00000000 NS USD 988623.02000000 0.004061016696 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 Walt Disney Co 254687106 875427.00000000 NS USD 107117247.72000000 0.440010926938 Long EC CORP US N 1 N N N Garmin Ltd 2549001E0HIPIJQ0W046 Garmin Ltd H2906T109 69522.00000000 NS USD 10349740.14000000 0.042514150143 Long EC CORP US N 1 N N N Tarsus Pharmaceuticals Inc N/A Tarsus Pharmaceuticals, Inc 87650L103 9396.00000000 NS USD 341544.60000000 0.001402979998 Long EC CORP US N 1 N N N Conagra Brands Inc 54930035UDEIH090K650 ConAgra Brands, Inc 205887102 225066.00000000 NS USD 6670956.24000000 0.027402623771 Long EC CORP US N 1 N N N Bread Financial Holdings Inc 549300G8S4PO686J7H97 Bread Financial Holdings, Inc 018581108 23808.00000000 NS USD 886609.92000000 0.003641972334 Long EC CORP US N 1 N N N PennyMac Mortgage Investment Trust 549300BSSOQO1ZWDUJ97 PennyMac Mortgage Investment Trust 70931T103 47765.00000000 NS USD 701190.20000000 0.002880314388 Long EC CORP US N 1 N N N Hertz Global Holdings Inc 549300NBK3K85MH1EX16 Hertz Global Holdings, Inc 42806J700 47325.00000000 NS USD 370554.75000000 0.001522146456 Long EC CORP US N 1 N N Armstrong World Industries Inc KXMRXXOJ88Q45Y45MG74 Armstrong World Industries, Inc 04247X102 20887.00000000 NS USD 2594583.14000000 0.010657900167 Long EC CORP US N 1 N N N Dynex Capital Inc 5CIJ4S9HAEBWILA19B65 Dynex Capital, Inc 26817Q886 11107.00000000 NS USD 138282.15000000 0.000568028569 Long EC CORP US N 1 N N N Central Pacific Financial Corp 549300W3YEAOZ4KGG849 Central Pacific Financial Corp 154760409 21511.00000000 NS USD 424842.25000000 0.001745145961 Long EC CORP US N 1 N N N Perrigo Co PLC 549300IFOQS6R1QLY196 Perrigo Co plc G97822103 48417.00000000 NS USD 1558543.23000000 0.006402106718 Long EC CORP US N 1 N N N Ambac Financial Group Inc 5493000UC0RBBNDHI717 AMBAC Financial Group, Inc 023139884 32424.00000000 NS USD 506787.12000000 0.002081755041 Long EC CORP US N 1 N N N Lancaster Colony Corp 529900X4O13HED1ZAS58 Lancaster Colony Corp 513847103 10268.00000000 NS USD 2131944.84000000 0.008757497463 Long EC CORP US N 1 N N N Enterprise Financial Services Corp 5493001XTU5DLD632129 Enterprise Financial Services Corp 293712105 16077.00000000 NS USD 652083.12000000 0.002678594756 Long EC CORP US N 1 N N N PetIQ Inc 549300GROACFGKVYOX14 PetIQ, Inc 71639T106 14406.00000000 NS USD 263341.68000000 0.001081741915 Long EC CORP US N 1 N N N Jazz Pharmaceuticals PLC 635400GAUMJCLEZRRV50 Jazz Pharmaceuticals plc G50871105 28814.00000000 NS USD 3469781.88000000 0.014252998221 Long EC CORP US N 1 N N N Barrett Business Services Inc 529900HXB6TMG0SR9Y34 Barrett Business Services, Inc 068463108 5145.00000000 NS USD 651974.40000000 0.002678148161 Long EC CORP US N 1 N N N Aris Water Solution Inc N/A Aris Water Solution, Inc 04041L106 11286.00000000 NS USD 159696.90000000 0.000655995019 Long EC CORP US N 1 N N N Humana Inc 529900YLDW34GJAO4J06 Humana, Inc 444859102 58606.00000000 NS USD 20319872.32000000 0.083468965503 Long EC CORP US N 1 N N N Eaton Corp PLC 549300VDIGTMXUNT7H71 Eaton Corp plc G29183103 191865.00000000 NS USD 59992348.20000000 0.246433597787 Long EC CORP US N 1 N N N ProPetro Holding Corp N/A ProPetro Holding Corp 74347M108 48018.00000000 NS USD 387985.44000000 0.001593747381 Long EC CORP US N 1 N N N Krystal Biotech Inc 549300YONUY68210OE41 Krystal Biotech, Inc 501147102 9785.00000000 NS USD 1741045.05000000 0.007151778659 Long EC CORP US N 1 N N N NET Lease Office Properties N/A NET Lease Office Properties 64110Y108 6447.00000000 NS USD 153438.60000000 0.000630287484 Long EC CORP US N 1 N N WESCO International Inc 529900TXOGREY3WNJ434 WESCO International, Inc 95082P105 22053.00000000 NS USD 3777237.84000000 0.015515950592 Long EC CORP US N 1 N N N Paysafe Ltd N/A Paysafe Ltd G6964L206 18818.00000000 NS USD 297136.22000000 0.001220561453 Long EC CORP US N 1 N N N Olema Pharmaceuticals Inc N/A Olema Pharmaceuticals, Inc 68062P106 13370.00000000 NS USD 151348.40000000 0.000621701464 Long EC CORP US N 1 N N N Uniti Group Inc 549300V3NU625PJUVA84 Uniti Group, Inc 91325V108 121658.00000000 NS USD 717782.20000000 0.002948470184 Long EC CORP US N 1 N N Exelon Corp 3SOUA6IRML7435B56G12 Exelon Corp 30161N101 480277.00000000 NS USD 18044006.89000000 0.074120278165 Long EC CORP US N 1 N N N Disc Medicine Inc N/A Disc Medicine, Inc 254604101 3831.00000000 NS USD 238518.06000000 0.000979772678 Long EC CORP US N 1 N N Cytokinetics Inc 549300BE5DY1HW7IHA64 Cytokinetics, Inc 23282W605 42716.00000000 NS USD 2994818.76000000 0.012301968232 Long EC CORP US N 1 N N N PagerDuty Inc 549300U1SB749EDAGH21 PagerDuty, Inc 69553P100 41005.00000000 NS USD 929993.40000000 0.003820180845 Long EC CORP US N 1 N N N RPC Inc N/A RPC, Inc 749660106 42512.00000000 NS USD 329042.88000000 0.001351626051 Long EC CORP US N 1 N N N Citizens Financial Group Inc 2138004JDDA4ZQUPFW65 Citizens Financial Group, Inc 174610105 206881.00000000 NS USD 7507711.49000000 0.030839805560 Long EC CORP US N 1 N N N IPG Photonics Corp 5493002KZ51CADQ94G15 IPG Photonics Corp 44980X109 14955.00000000 NS USD 1356268.95000000 0.005571214445 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 Bank of America Corp 060505104 3280546.00000000 NS USD 124398304.32000000 0.510997195675 Long EC CORP US N 1 N N N IQVIA Holdings Inc 549300W3R20NM4KQPH86 IQVIA Holdings, Inc 46266C105 86333.00000000 NS USD 21832752.37000000 0.089683499272 Long EC CORP US N 1 N N N Information Services Group Inc 549300ZUNI6DQ0G8Q273 Information Services Group, Inc 45675Y104 18219.00000000 NS USD 73604.76000000 0.000302349989 Long EC CORP US N 1 N N N Newmark Group Inc N/A Newmark Group, Inc 65158N102 81428.00000000 NS USD 903036.52000000 0.003709448708 Long EC CORP US N 1 N N N HF Foods Group Inc 54930040ARMFXM6CL697 HF Foods Group, Inc 40417F109 21180.00000000 NS USD 74130.00000000 0.000304507543 Long EC CORP US N 1 N N N Equity LifeStyle Properties Inc 529900PEQG66LENB6798 Equity Lifestyle Properties, Inc 29472R108 81720.00000000 NS USD 5262768.00000000 0.021618137837 Long EC CORP US N 1 N N N Taro Pharmaceutical Industries Ltd 5493002WIJCSC2L2VL79 Taro Pharmaceutical Industries Ltd M8737E108 4094.00000000 NS USD 173339.96000000 0.000712037305 Long EC CORP US N 1 N N N Outfront Media Inc 549300RZWDYU5722I639 Outfront Media, Inc 69007J106 76197.00000000 NS USD 1279347.63000000 0.005255240855 Long EC CORP US N 1 N N N SilverBow Resources Inc 5493007QR70AVQSNF619 SilverBow Resources, Inc 82836G102 6017.00000000 NS USD 205420.38000000 0.000843815666 Long EC CORP US N 1 N N N Qorvo Inc 254900YAUJV2EUEVBR11 Qorvo, Inc 74736K101 46313.00000000 NS USD 5318121.79000000 0.021845517395 Long EC CORP US N 1 N N N Wolverine World Wide Inc 549300OVC7PK14LQ8D87 Wolverine World Wide, Inc 978097103 48726.00000000 NS USD 546218.46000000 0.002243729147 Long EC CORP US N 1 N N N IMAX Corp 5493002KS2T1Q0X7VZ21 IMAX Corp 45245E109 27196.00000000 NS USD 439759.32000000 0.001806421562 Long EC CORP US N 1 N N N CME Group Inc LCZ7XYGSLJUHFXXNXD88 CME Group, Inc 12572Q105 172387.00000000 NS USD 37113197.23000000 0.152451754151 Long EC CORP US N 1 N N N SunPower Corp 549300TXO070764WUH65 SunPower Corp 867652406 42585.00000000 NS USD 127755.00000000 0.000524785664 Long EC CORP US N 1 N N Mercantile Bank Corp P16VZZCKTJ5IONL6XE37 Mercantile Bank Corp 587376104 1529.00000000 NS USD 58851.21000000 0.000241746086 Long EC CORP US N 1 N N N CryoPort Inc 9845004D8538BT8JF626 CryoPort, Inc 229050307 22130.00000000 NS USD 391701.00000000 0.001609009975 Long EC CORP US N 1 N N N Kraft Heinz Co/The 9845007488EC87F5AF14 Kraft Heinz Co 500754106 381992.00000000 NS USD 14095504.80000000 0.057900816765 Long EC CORP US N 1 N N N Brookline Bancorp Inc N/A Brookline Bancorp, Inc 11373M107 38089.00000000 NS USD 379366.44000000 0.001558342680 Long EC CORP US N 1 N N N Great Southern Bancorp Inc 5493000ZL7DLNMN1AB26 Great Southern Bancorp, Inc 390905107 1871.00000000 NS USD 102568.22000000 0.000421324656 Long EC CORP US N 1 N N Potbelly Corp 54930027NUULUR2P5W11 Potbelly Corp 73754Y100 13091.00000000 NS USD 158532.01000000 0.000651209941 Long EC CORP US N 1 N N N DocuSign Inc 549300Q7PVDWRZ39JG09 DocuSign, Inc 256163106 91998.00000000 NS USD 5478480.90000000 0.022504232608 Long EC CORP US N 1 N N N Generac Holdings Inc 529900S2H2AHJHSFFI84 Generac Holdings, Inc 368736104 26482.00000000 NS USD 3340439.48000000 0.013721691914 Long EC CORP US N 1 N N N Royal Gold Inc 5493001NGRU6SFL04184 Royal Gold, Inc 780287108 32757.00000000 NS USD 3990130.17000000 0.016390459165 Long EC CORP US N 1 N N N SiriusPoint Ltd 549300OGXFI85N3YZZ51 SiriusPoint Ltd G8192H106 8398.00000000 NS USD 106738.58000000 0.000438455454 Long EC CORP US N 1 N N N Preformed Line Products Co 549300EYH53XDJID2098 Preformed Line Products Co 740444104 1801.00000000 NS USD 231734.67000000 0.000951908204 Long EC CORP US N 1 N N N ESS Tech Inc N/A ESS Tech, Inc 26916J106 41349.00000000 NS USD 29907.73000000 0.000122853492 Long EC CORP US N 1 N N Constellation Brands Inc 5493005GKEG8QCVY7037 Constellation Brands, Inc (Class A) 21036P108 75478.00000000 NS USD 20511901.28000000 0.084257772558 Long EC CORP US N 1 N N N MBIA Inc 54F1KGFE2KNP3VAL3P42 MBIA, Inc 55262C100 26174.00000000 NS USD 176936.24000000 0.000726809926 Long EC CORP US N 1 N N HNI Corp 549300SKRADLC4O5HV93 HNI Corp 404251100 27032.00000000 NS USD 1219954.16000000 0.005011267299 Long EC CORP US N 1 N N N Montrose Environmental Group Inc 254900ASI8K3LUB8Q958 Montrose Environmental Group, Inc 615111101 12017.00000000 NS USD 470705.89000000 0.001933542350 Long EC CORP US N 1 N N N Rhythm Pharmaceuticals Inc 529900JPNWXQ8DPLA551 Rhythm Pharmaceuticals, Inc 76243J105 25414.00000000 NS USD 1101188.62000000 0.004523408094 Long EC CORP US N 1 N N N BK LC Lux Finco 2 Sarl N/A BK LC Lux Finco 2 Sarl M2029K104 14995.00000000 NS USD 708513.75000000 0.002910397704 Long EC CORP US N 1 N N N Keros Therapeutics Inc N/A Keros Therapeutics, Inc 492327101 8516.00000000 NS USD 563759.20000000 0.002315782130 Long EC CORP US N 1 N N N Choice Hotels International Inc 5493003CYRY5RFGTIR97 Choice Hotels International, Inc 169905106 13984.00000000 NS USD 1766878.40000000 0.007257895615 Long EC CORP US N 1 N N Jabil Inc 5493000CGCQY2OQU7669 Jabil Inc 466313103 59421.00000000 NS USD 7959442.95000000 0.032695405687 Long EC CORP US N 1 N N N Bunge Global SA N/A Bunge Global S.A. H11356104 70268.00000000 NS USD 7203875.36000000 0.029591722548 Long EC CORP US N 1 N N N Delek US Holdings Inc 5493003O53JMENV1N385 Delek US Holdings, Inc 24665A103 27497.00000000 NS USD 845257.78000000 0.003472108060 Long EC CORP US N 1 N N N ACELYRIN Inc N/A ACELYRIN, Inc 00445A100 34596.00000000 NS USD 233523.00000000 0.000959254217 Long EC CORP US N 1 N N Okta Inc 549300N8J06I8MRHU620 Okta, Inc 679295105 67719.00000000 NS USD 7084761.78000000 0.029102433681 Long EC CORP US N 1 N N N Unisys Corp 549300T21W22FIJJOW08 Unisys Corp 909214306 38674.00000000 NS USD 189889.34000000 0.000780018029 Long EC CORP US N 1 N N N Parker-Hannifin Corp 5493002CONDB4N2HKI23 Parker-Hannifin Corp 701094104 61844.00000000 NS USD 34372276.76000000 0.141192736744 Long EC CORP US N 1 N N N GXO Logistics Inc 5493007CNWMXN78JRN66 GXO Logistics, Inc 36262G101 58331.00000000 NS USD 3135874.56000000 0.012881390264 Long EC CORP US N 1 N N N Greif Inc 54930070FVGKR0Z1FI24 Greif, Inc (Class B) 397624206 3993.00000000 NS USD 277593.36000000 0.001140284260 Long EC CORP US N 1 N N N Getty Realty Corp 2549000P1W5SFJWCNP90 Getty Realty Corp 374297109 18198.00000000 NS USD 497715.30000000 0.002044490268 Long EC CORP US N 1 N N N CRA International Inc N/A CRA International, Inc 12618T105 3881.00000000 NS USD 580519.98000000 0.002384631232 Long EC CORP US N 1 N N N EVERTEC Inc N/A EVERTEC, Inc 30040P103 31074.00000000 NS USD 1239852.60000000 0.005093005126 Long EC CORP US N 1 N N N Arch Resources Inc W47HVZ7Q6FXL86RELH91 Arch Resources, Inc 03940R107 7811.00000000 NS USD 1255930.69000000 0.005159049908 Long EC CORP US N 1 N N N Blink Charging Co N/A Blink Charging Co 09354A100 19926.00000000 NS USD 59977.26000000 0.000246371619 Long EC CORP US N 1 N N Ross Stores Inc 549300ENZFLPGRDFZQ60 Ross Stores, Inc 778296103 155693.00000000 NS USD 22849504.68000000 0.093860064073 Long EC CORP US N 1 N N N Micron Technology Inc B3DXGBC8GAIYWI2Z0172 Micron Technology, Inc 595112103 517623.00000000 NS USD 61022575.47000000 0.250665514361 Long EC CORP US N 1 N N N Chinook Therapeutics Inc 549300X0O3003W5QYQ48 Chinook Therapeutics, Inc N/A 28644.00000000 NS USD 11171.16000000 0.000045888337 Long EC CORP US N 3 N N N United States Lime & Minerals Inc 549300VGDEEG8RT7VC89 United States Lime & Minerals, Inc 911922102 1357.00000000 NS USD 404575.98000000 0.001661897180 Long EC CORP US N 1 N N N Allison Transmission Holdings Inc 529900RP7DJ882LI9T83 Allison Transmission Holdings, Inc 01973R101 33685.00000000 NS USD 2733874.60000000 0.011230074731 Long EC CORP US N 1 N N N CACI International Inc SYRPI2D1O9WRTS2WX210 CACI International, Inc (Class A) 127190304 10973.00000000 NS USD 4156901.59000000 0.017075514548 Long EC CORP US N 1 N N N Trinity Industries Inc R1JB4KXN77XFCXOQKV49 Trinity Industries, Inc 896522109 16444.00000000 NS USD 457965.40000000 0.001881207596 Long EC CORP US N 1 N N N SMART Global Holdings Inc 529900RDGHQY8XKXPN14 SMART Global Holdings, Inc G8232Y101 15494.00000000 NS USD 407802.08000000 0.001675149194 Long EC CORP US N 1 N N N Limbach Holdings Inc 254900EW8KXT5ZTWQI30 Limbach Holdings, Inc 53263P105 4566.00000000 NS USD 189123.72000000 0.000776873053 Long EC CORP US N 1 N N N Beyond Meat Inc 549300XQ946NCE51DR09 Beyond Meat, Inc 08862E109 31483.00000000 NS USD 260679.24000000 0.001070805276 Long EC CORP US N 1 N N Amicus Therapeutics Inc 549300MRD1SMUTNBPQ53 Amicus Therapeutics, Inc 03152W109 151298.00000000 NS USD 1782290.44000000 0.007321204430 Long EC CORP US N 1 N N N Apartment Income REIT Corp N/A Apartment Income REIT Corp 03750L109 74495.00000000 NS USD 2418852.65000000 0.009936043161 Long EC CORP US N 1 N N N Lumentum Holdings Inc 549300JLWRRC38DWEF52 Lumentum Holdings, Inc 55024U109 36595.00000000 NS USD 1732773.25000000 0.007117800168 Long EC CORP US N 1 N N N MP Materials Corp 89450063PHPS61USMT84 MP Materials Corp 553368101 39809.00000000 NS USD 569268.70000000 0.002338413782 Long EC CORP US N 1 N N Helmerich & Payne Inc 254900NAOGHJ88RZ4C73 Helmerich & Payne, Inc 423452101 35444.00000000 NS USD 1490774.64000000 0.006123730259 Long EC CORP US N 1 N N N Webster Financial Corp KMRURHT0VWKYS6Z5KU67 Webster Financial Corp 947890109 85391.00000000 NS USD 4335301.07000000 0.017808335099 Long EC CORP US N 1 N N N Paramount Global 5KYC8KF17ROCY24M3H09 Paramount Global (Class B) 92556H206 305131.00000000 NS USD 3591391.87000000 0.014752541718 Long EC CORP US N 1 N N N Terreno Realty Corp N/A Terreno Realty Corp 88146M101 35329.00000000 NS USD 2345845.60000000 0.009636148415 Long EC CORP US N 1 N N N Avista Corp Q0IK63NITJD6RJ47SW96 Avista Corp 05379B107 33562.00000000 NS USD 1175341.24000000 0.004828008555 Long EC CORP US N 1 N N N Donaldson Co Inc OZE6KXY9QQPR8EJ8WL20 Donaldson Co, Inc 257651109 52930.00000000 NS USD 3952812.40000000 0.016237167077 Long EC CORP US N 1 N N N Knight-Swift Transportation Holdings Inc N/A Knight-Swift Transportation Holdings, Inc 499049104 79606.00000000 NS USD 4379922.12000000 0.017991627239 Long EC CORP US N 1 N N N BJ's Restaurants Inc 5299000EOW66I1OJNQ23 BJ's Restaurants, Inc 09180C106 15173.00000000 NS USD 548959.14000000 0.002254987176 Long EC CORP US N 1 N N N Dollar Tree Inc 549300PMSTQITB1WHR43 Dollar Tree, Inc 256746108 96907.00000000 NS USD 12903167.05000000 0.053002990787 Long EC CORP US N 1 N N N Plexus Corp 549300W7HCBI5YT25I79 Plexus Corp 729132100 17083.00000000 NS USD 1619810.06000000 0.006653775569 Long EC CORP US N 1 N N N Mohawk Industries Inc 549300JI1115MG3Q6322 Mohawk Industries, Inc 608190104 28443.00000000 NS USD 3722904.27000000 0.015292761843 Long EC CORP US N 1 N N N Hormel Foods Corp MSD54751OJP1FS2ND863 Hormel Foods Corp 440452100 143109.00000000 NS USD 4993073.01000000 0.020510298109 Long EC CORP US N 1 N N N Travelers Cos Inc/The 549300Y650407RU8B149 Travelers Cos, Inc 89417E109 107605.00000000 NS USD 24764214.70000000 0.101725215098 Long EC CORP US N 1 N N N Valaris Ltd N/A Valaris Ltd G9460G101 31352.00000000 NS USD 2359551.52000000 0.009692448915 Long EC CORP US N 1 N N N Chord Energy Corp 529900FA4V2YNIKZ0M71 Chord Energy Corp 674215207 18920.00000000 NS USD 3372300.80000000 0.013852570267 Long EC CORP US N 1 N N N Cannae Holdings Inc 549300OGRF1ICI7D2V77 Cannae Holdings, Inc 13765N107 48331.00000000 NS USD 1074881.44000000 0.004415344763 Long EC CORP US N 1 N N N United Therapeutics Corp 5299005C4HZL4UWROC14 United Therapeutics Corp 91307C102 22243.00000000 NS USD 5109661.96000000 0.020989216426 Long EC CORP US N 1 N N N Richardson Electronics Ltd/United States N/A Richardson Electronics Ltd 763165107 5943.00000000 NS USD 54735.03000000 0.000224837846 Long EC CORP US N 1 N N N Coinbase Global Inc 5493004G3J2SC154DU06 Coinbase Global, Inc 19260Q107 79947.00000000 NS USD 21195548.64000000 0.087066025337 Long EC CORP US N 1 N N N Nu Skin Enterprises Inc 54930050DETB6CP71D38 Nu Skin Enterprises, Inc (Class A) 67018T105 27121.00000000 NS USD 375083.43000000 0.001540749143 Long EC CORP US N 1 N N N HilleVax Inc N/A HilleVax, Inc 43157M102 10524.00000000 NS USD 175014.12000000 0.000718914337 Long EC CORP US N 1 N N N Bank of Marin Bancorp N/A Bank of Marin Bancorp 063425102 7728.00000000 NS USD 129598.56000000 0.000532358548 Long EC CORP US N 1 N N N H&R Block Inc 549300CE3KUCWLZBG404 H&R Block, Inc 093671105 70456.00000000 NS USD 3460094.16000000 0.014213203485 Long EC CORP US N 1 N N N Theravance Biopharma Inc 5493007VTSXP4Z6MIW52 Theravance Biopharma, Inc G8807B106 29259.00000000 NS USD 262453.23000000 0.001078092384 Long EC CORP US N 1 N N Fox Corp 549300DDU6FDRBIELS05 Fox Corp (Class B) 35137L204 52050.00000000 NS USD 1489671.00000000 0.006119196781 Long EC CORP US N 1 N N N American Airlines Group Inc N/A American Airlines Group, Inc 02376R102 308882.00000000 NS USD 4741338.70000000 0.019476236373 Long EC CORP US N 1 N N N NextEra Energy Inc 254900RHL9MEUS5NKX63 NextEra Energy, Inc 65339F101 977815.00000000 NS USD 62492156.65000000 0.256702187175 Long EC CORP US N 1 N N N Fox Factory Holding Corp 529900GE1HSV0617R721 Fox Factory Holding Corp 35138V102 23054.00000000 NS USD 1200421.78000000 0.004931033156 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa, Inc (Class A) 92826C839 758939.00000000 NS USD 211804696.12000000 0.870040844526 Long EC CORP US N 1 N N N W R Berkley Corp SQOAGCLKBDWNVYV1OV80 W.R. Berkley Corp 084423102 92006.00000000 NS USD 8137010.64000000 0.033424809453 Long EC CORP US N 1 N N N SentinelOne Inc 984500DCD44DBF954221 SentinelOne, Inc 81730H109 113808.00000000 NS USD 2652864.48000000 0.010897305370 Long EC CORP US N 1 N N N Hawkins Inc 549300VL3IJ23OWX1Y34 Hawkins, Inc 420261109 15846.00000000 NS USD 1216972.80000000 0.004999020616 Long EC CORP US N 1 N N N Blue Ridge Bankshares Inc N/A Blue Ridge Bankshares, Inc 095825105 8721.00000000 NS USD 23459.49000000 0.000096365731 Long EC CORP US N 1 N N Bristow Group Inc 5493005Q24EN3UC1PV68 Bristow Group, Inc 11040G103 4788.00000000 NS USD 130233.60000000 0.000534967134 Long EC CORP US N 1 N N N First American Financial Corp 549300B6VEZK3N0A1P55 First American Financial Corp 31847R102 52851.00000000 NS USD 3226553.55000000 0.013253876929 Long EC CORP US N 1 N N N Energy Recovery Inc 549300ZEQL52Z525WJ22 Energy Recovery, Inc 29270J100 24905.00000000 NS USD 393249.95000000 0.001615372675 Long EC CORP US N 1 N N N Quanex Building Products Corp 5493000TL30VL5WOAW87 Quanex Building Products Corp 747619104 16969.00000000 NS USD 652118.67000000 0.002678740787 Long EC CORP US N 1 N N N Edgewell Personal Care Co 549300CY8QZDL4Z3RU59 Edgewell Personal Care Co 28035Q102 29639.00000000 NS USD 1145250.96000000 0.004704405193 Long EC CORP US N 1 N N N Community Bank System Inc 5299008N6YHE6GCP1E80 Community Bank System, Inc 203607106 29222.00000000 NS USD 1403532.66000000 0.005765361973 Long EC CORP US N 1 N N N InvenTrust Properties Corp 5493006BQYSOBYVUFA03 InvenTrust Properties Corp 46124J201 34736.00000000 NS USD 893062.56000000 0.003668478169 Long EC CORP US N 1 N N N Voya Financial Inc 549300T065Z4KJ686G75 Voya Financial, Inc 929089100 39439.00000000 NS USD 2915330.88000000 0.011975451854 Long EC CORP US N 1 N N N TFS Financial Corp N/A TFS Financial Corp 87240R107 34383.00000000 NS USD 431850.48000000 0.001773934021 Long EC CORP US N 1 N N N SmartFinancial Inc N/A SmartFinancial, Inc 83190L208 5382.00000000 NS USD 113398.74000000 0.000465813729 Long EC CORP US N 1 N N N Park Aerospace Corp 5299004AG0G7IB636095 Park Aerospace Corp 70014A104 14228.00000000 NS USD 236611.64000000 0.000971941580 Long EC CORP US N 1 N N Tenable Holdings Inc 5493004S5OMPESF0EF83 Tenable Holdings, Inc 88025T102 49510.00000000 NS USD 2447279.30000000 0.010052812746 Long EC CORP US N 1 N N N AECOM 0EEB8GF0W0NPCIHZX097 Aecom Technology Corp 00766T100 58431.00000000 NS USD 5730912.48000000 0.023541158554 Long EC CORP US N 1 N N N General Motors Co 54930070NSV60J38I987 General Motors Co 37045V100 551602.00000000 NS USD 25015150.70000000 0.102755997575 Long EC CORP US N 1 N N N Honeywell International Inc ISRPG12PN4EIEOEMW547 Honeywell International, Inc 438516106 314740.00000000 NS USD 64600385.00000000 0.265362263215 Long EC CORP US N 1 N N N Hyster-Yale Materials Handling Inc N/A Hyster-Yale Materials Handling, Inc 449172105 7224.00000000 NS USD 463564.08000000 0.001904205577 Long EC CORP US N 1 N N N Freshpet Inc 549300S4ZK8ZQ6HNPN59 Freshpet, Inc 358039105 20694.00000000 NS USD 2397606.84000000 0.009848770674 Long EC CORP US N 1 N N N Marsh & McLennan Cos Inc 549300XMP3KDCKJXIU47 Marsh & McLennan Cos, Inc 571748102 235140.00000000 NS USD 48434137.20000000 0.198955350874 Long EC CORP US N 1 N N N Edgewise Therapeutics Inc N/A Edgewise Therapeutics, Inc 28036F105 20664.00000000 NS USD 376911.36000000 0.001548257824 Long EC CORP US N 1 N N N Verra Mobility Corp 549300XX5EKGLR0M4152 Verra Mobility Corp 92511U102 63620.00000000 NS USD 1588591.40000000 0.006525537103 Long EC CORP US N 1 N N N Grid Dynamics Holdings Inc N/A Grid Dynamics Holdings, Inc 39813G109 15258.00000000 NS USD 187520.82000000 0.000770288740 Long EC CORP US N 1 N N N FMC Corp CKDHZ2X64EEBQCSP7013 FMC Corp 302491303 64363.00000000 NS USD 4099923.10000000 0.016841461127 Long EC CORP US N 1 N N N VF Corp CWAJJ9DJ5Z7P057HV541 VF Corp 918204108 180319.00000000 NS USD 2766093.46000000 0.011362421769 Long EC CORP US N 1 N N N United States Treasury Bill 254900HROIFWPRGM1V77 United States Treasury Bill 912797JM0 5000000.00000000 PA USD 4994176.10000000 0.020514829327 Long STIV UST US N 2 N N N Element Solutions Inc 549300FLGN6P5CU20J91 Element Solutions, Inc 28618M106 92641.00000000 NS USD 2314172.18000000 0.009506041909 Long EC CORP US N 1 N N N Hovnanian Enterprises Inc 549300805N4EF0ROBT53 Hovnanian Enterprises, Inc 442487401 2792.00000000 NS USD 438176.48000000 0.001799919650 Long EC CORP US N 1 N N N Zimmer Biomet Holdings Inc 2P2YLDVPES3BXQ1FRB91 Zimmer Biomet Holdings, Inc 98956P102 99213.00000000 NS USD 13094131.74000000 0.053787426086 Long EC CORP US N 1 N N N ANSYS Inc 549300VJV8H15Z5FJ571 Ansys, Inc 03662Q105 41203.00000000 NS USD 14304033.48000000 0.058757400553 Long EC CORP US N 1 N N N IDACORP Inc N134NUJDWN8UEFA8B673 Idacorp, Inc 451107106 23041.00000000 NS USD 2140278.49000000 0.008791730018 Long EC CORP US N 1 N N N Louisiana-Pacific Corp 549300C7E2UAO5BVRR75 Louisiana-Pacific Corp 546347105 34555.00000000 NS USD 2899510.05000000 0.011910463832 Long EC CORP US N 1 N N N Atlanta Braves Holdings Inc N/A Atlanta Braves Holdings, Inc 047726104 7655.00000000 NS USD 320744.50000000 0.001317538377 Long EC CORP US N 1 N N N Cintas Corp N/A Cintas Corp 172908105 40902.00000000 NS USD 28100901.06000000 0.115431490132 Long EC CORP US N 1 N N N Broadridge Financial Solutions Inc 549300KZDJZQ2YIHRC28 Broadridge Financial Solutions, Inc 11133T103 53827.00000000 NS USD 11026999.22000000 0.045296161462 Long EC CORP US N 1 N N N Braze Inc 9845007B9EDBFD37C277 Braze, Inc 10576N102 17121.00000000 NS USD 758460.30000000 0.003115565669 Long EC CORP US N 1 N N N Extra Space Storage Inc N/A Extra Space Storage, Inc 30225T102 98971.00000000 NS USD 14548737.00000000 0.059762581558 Long EC CORP US N 1 N N N Entegris Inc IYX6OWO7BT5DKO3BYG52 Entegris, Inc 29362U104 72011.00000000 NS USD 10120425.94000000 0.041572184626 Long EC CORP US N 1 N N N Antero Resources Corp APVBKPOULHUX7YZLKU17 Antero Resources Corp 03674X106 142450.00000000 NS USD 4131050.00000000 0.016969322666 Long EC CORP US N 1 N N N Asure Software Inc N/A Asure Software, Inc 04649U102 9467.00000000 NS USD 73653.26000000 0.000302549214 Long EC CORP US N 1 N N N Macerich Co/The 529900PSWCB5KI0JYU46 Macerich Co 554382101 107859.00000000 NS USD 1858410.57000000 0.007633886931 Long EC CORP US N 1 N N N Apartment Investment and Management Co 549300O8FT5GJ4RU1D57 Apartment Investment and Management Co 03748R747 73193.00000000 NS USD 599450.67000000 0.002462393784 Long EC CORP US N 1 N N N Pebblebrook Hotel Trust 5493004Q1NNH6JXCSI52 Pebblebrook Hotel Trust 70509V100 71223.00000000 NS USD 1097546.43000000 0.004508446886 Long EC CORP US N 1 N N Granite Point Mortgage Trust Inc 529900VX2HQZ76AYIE02 Granite Point Mortgage Trust, Inc 38741L107 31227.00000000 NS USD 148952.79000000 0.000611860896 Long EC CORP US N 1 N N N Armada Hoffler Properties Inc 549300WQRSIV6XZT9313 Armada Hoffler Properties, Inc 04208T108 31681.00000000 NS USD 329482.40000000 0.001353431490 Long EC CORP US N 1 N N N Chefs' Warehouse Inc/The 549300JYEDC8C547E980 Chefs' Warehouse, Inc 163086101 14374.00000000 NS USD 541324.84000000 0.002223627377 Long EC CORP US N 1 N N N NewMarket Corp 54930082CG88ERDREQ47 NewMarket Corp 651587107 2137.00000000 NS USD 1356182.94000000 0.005570861137 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 Apple, Inc 037833100 6951253.00000000 NS USD 1192000864.44000000 4.896442136420 Long EC CORP US N 1 N N Sapiens International Corp NV N/A Sapiens International Corp NV G7T16G103 15268.00000000 NS USD 491018.88000000 0.002016983045 Long EC CORP US N 1 N N N TTEC Holdings Inc GTJS1N8S8I28A7L4WG97 TTEC Holdings, Inc 89854H102 10054.00000000 NS USD 104259.98000000 0.000428273984 Long EC CORP US N 1 N N N Halliburton Co ENYF8GB5SMQZ25S06U51 Halliburton Co 406216101 429710.00000000 NS USD 16939168.20000000 0.069581876494 Long EC CORP US N 1 N N N Hilton Grand Vacations Inc 549300O9K6MFD8D07574 Hilton Grand Vacations, Inc 43283X105 34161.00000000 NS USD 1612740.81000000 0.006624736854 Long EC CORP US N 1 N N N Booz Allen Hamilton Holding Corp 529900JPV47PIUWMA015 Booz Allen Hamilton Holding Corp 099502106 61673.00000000 NS USD 9154740.12000000 0.037605388224 Long EC CORP US N 1 N N N Resources Connection Inc N/A Resources Connection, Inc 76122Q105 20546.00000000 NS USD 270385.36000000 0.001110675595 Long EC CORP US N 1 N N N Aeva Technologies Inc 529900EOW3TB2FR95A21 Aeva Technologies, Inc 00835Q202 8262.00000000 NS USD 32469.66000000 0.000133377261 Long EC CORP US N 1 N N Dine Brands Global Inc 529900HKM8OWSHLKJY75 Dine Brands Global Inc. 254423106 7772.00000000 NS USD 361242.56000000 0.001483894303 Long EC CORP US N 1 N N N Zymeworks Inc N/A Zymeworks, Inc 98985Y108 26472.00000000 NS USD 278485.44000000 0.001143948702 Long EC CORP US N 1 N N N Caleres Inc JFU6RQQJ8Z1CPOLBXQ18 Caleres, Inc 129500104 20111.00000000 NS USD 825154.33000000 0.003389528104 Long EC CORP US N 1 N N N Nautilus Biotechnology Inc N/A Nautilus Biotechnology, Inc 63909J108 25317.00000000 NS USD 74431.98000000 0.000305748002 Long EC CORP US N 1 N N Evolution Petroleum Corp 549300P9ZXGJZ6SSM116 Evolution Petroleum Corp 30049A107 15511.00000000 NS USD 95237.54000000 0.000391212051 Long EC CORP US N 1 N N N SM Energy Co 84BUTVXV5ODI6BXNMH43 SM Energy Co 78454L100 63633.00000000 NS USD 3172105.05000000 0.013030216077 Long EC CORP US N 1 N N N Ultragenyx Pharmaceutical Inc 529900EV44GVDN1DCX77 Ultragenyx Pharmaceutical, Inc 90400D108 33751.00000000 NS USD 1575834.19000000 0.006473133668 Long EC CORP US N 1 N N N Madison Square Garden Sports Corp N/A Madison Square Garden Sports Corp 55825T103 10365.00000000 NS USD 1912549.80000000 0.007856277380 Long EC CORP US N 1 N N N Mueller Water Products Inc 549300F7ZU4P1F8V8L60 Mueller Water Products, Inc (Class A) 624758108 85916.00000000 NS USD 1382388.44000000 0.005678506793 Long EC CORP US N 1 N N N Huntington Ingalls Industries Inc 5TZLZ6WJTBVJ0QWBG121 Huntington Ingalls Industries, Inc 446413106 16667.00000000 NS USD 4857930.49000000 0.019955166356 Long EC CORP US N 1 N N N First Financial Bancorp 549300D3F5B3EZMY7P77 First Financial Bancorp 320209109 13901.00000000 NS USD 311660.42000000 0.001280223243 Long EC CORP US N 1 N N N Prologis Inc 529900DFH19P073LZ636 Prologis, Inc 74340W103 440041.00000000 NS USD 57302139.02000000 0.235382889706 Long EC CORP US N 1 N N N Air Transport Services Group Inc 5493000F3MSFGIXTQE27 Air Transport Services Group, Inc 00922R105 37928.00000000 NS USD 521889.28000000 0.002143790946 Long EC CORP US N 1 N N N Tela Bio Inc N/A Tela Bio, Inc 872381108 8220.00000000 NS USD 46607.40000000 0.000191451570 Long EC CORP US N 1 N N WillScot Mobile Mini Holdings Corp 549300HJ4VIXF476Q166 WillScot Mobile Mini Holdings Corp 971378104 89818.00000000 NS USD 4176537.00000000 0.017156171913 Long EC CORP US N 1 N N N Genco Shipping & Trading Ltd 5493003MBZ5GU8QHXZ58 Genco Shipping & Trading Ltd Y2685T131 17525.00000000 NS USD 356283.25000000 0.001463522695 Long EC CORP US N 1 N N N Antero Midstream Corp N/A Antero Midstream Corp 03676B102 183627.00000000 NS USD 2581795.62000000 0.010605372226 Long EC CORP US N 1 N N N Sorrento Therapeutics Inc 549300RH23PRR3M13410 Sorrento Therapeutics, Inc 808CNT018 99083.00000000 NS USD 145968.98000000 0.000599604149 Long EC CORP US N 3 N N Peabody Energy Corp EJCO258LNNVSKAR2JX59 Peabody Energy Corp 704551100 60358.00000000 NS USD 1464285.08000000 0.006014917756 Long EC CORP US N 1 N N N Foot Locker Inc 549300X383CBNP6MTV94 Foot Locker, Inc 344849104 33391.00000000 NS USD 951643.50000000 0.003909114054 Long EC CORP US N 1 N N N Pediatrix Medical Group Inc N/A Pediatrix Medical Group, Inc 58502B106 43753.00000000 NS USD 438842.59000000 0.001802655864 Long EC CORP US N 1 N N N Stoke Therapeutics Inc 549300RD25SS2DIJHJ67 Stoke Therapeutics, Inc 86150R107 10464.00000000 NS USD 141264.00000000 0.000580277265 Long EC CORP US N 1 N N Legalzoom.com Inc 5493000L8EBF74Y9JZ48 Legalzoom.com, Inc 52466B103 23268.00000000 NS USD 310395.12000000 0.001275025706 Long EC CORP US N 1 N N N Univest Financial Corp 4WII2HCR8UEWNU03U507 Univest Financial Corp 915271100 5426.00000000 NS USD 112969.32000000 0.000464049779 Long EC CORP US N 1 N N N Qualys Inc 549300EMBXYOW9W1XA17 Qualys, Inc 74758T303 18605.00000000 NS USD 3104616.35000000 0.012752989336 Long EC CORP US N 1 N N N Texas Capital Bancshares Inc 549300466Q2SXRX0YM48 Texas Capital Bancshares, Inc 88224Q107 27678.00000000 NS USD 1703580.90000000 0.006997885278 Long EC CORP US N 1 N N N Century Casinos Inc 549300H2L4Y24HXY7M50 Century Casinos, Inc 156492100 16727.00000000 NS USD 52857.32000000 0.000217124682 Long EC CORP US N 1 N N APA Corp 549300VCIWLRHYVSHC79 APA Corp 03743Q108 125364.00000000 NS USD 4310014.32000000 0.017704463440 Long EC CORP US N 1 N N N XPO Inc 54930096DB9LCLPN7H13 XPO, Inc 983793100 52508.00000000 NS USD 6407551.24000000 0.026320621753 Long EC CORP US N 1 N N N LXP Industrial Trust 549300S4MH2ICXDBFV43 Lexington Realty Trust 529043101 144484.00000000 NS USD 1303245.68000000 0.005353408082 Long EC CORP US N 1 N N N W&T Offshore Inc 549300Q7EOY2YIO3YK85 W&T Offshore, Inc 92922P106 14396.00000000 NS USD 38149.40000000 0.000156708216 Long EC CORP US N 1 N N Clear Secure Inc N/A Clear Secure, Inc 18467V109 31897.00000000 NS USD 678449.19000000 0.002786899993 Long EC CORP US N 1 N N N Applied Industrial Technologies Inc 549300NU173IJRC6PO38 Applied Industrial Technologies, Inc 03820C105 17287.00000000 NS USD 3415046.85000000 0.014028160375 Long EC CORP US N 1 N N N Gen Digital Inc YF6ZV0M6AU4FY94MK914 Gen Digital, Inc 668771108 250363.00000000 NS USD 5608131.20000000 0.023036803691 Long EC CORP US N 1 N N N Construction Partners Inc 549300MHLFL4E8JLZU44 Construction Partners, Inc 21044C107 11212.00000000 NS USD 629553.80000000 0.002586049931 Long EC CORP US N 1 N N N Corpay Inc 549300DG6RR0NQSFLN74 Corpay, Inc 219948106 33596.00000000 NS USD 10365709.84000000 0.042579749686 Long EC CORP US N 1 N N N Centerspace 5493002LG2SH9EEHT720 Centerspace 15202L107 9060.00000000 NS USD 517688.40000000 0.002126534779 Long EC CORP US N 1 N N N FARO Technologies Inc 529900MFEFNOFP3YR823 FARO Technologies, Inc 311642102 9925.00000000 NS USD 213486.75000000 0.000876950302 Long EC CORP US N 1 N N N HF Sinclair Corp N/A HF Sinclair Corp 403949100 74422.00000000 NS USD 4492856.14000000 0.018455532015 Long EC CORP US N 1 N N N United Natural Foods Inc 549300GKGW6WPZ282D40 United Natural Foods, Inc 911163103 30449.00000000 NS USD 349859.01000000 0.001437133520 Long EC CORP US N 1 N N N KVH Industries Inc N/A KVH Industries, Inc 482738101 9450.00000000 NS USD 48195.00000000 0.000197973034 Long EC CORP US N 1 N N N Becton Dickinson & Co ICE2EP6D98PQUILVRZ91 Becton Dickinson & Co 075887109 138929.00000000 NS USD 34377981.05000000 0.141216168544 Long EC CORP US N 1 N N N QCR Holdings Inc 549300MWKWM7KWJVQO33 QCR Holdings, Inc 74727A104 8729.00000000 NS USD 530199.46000000 0.002177927092 Long EC CORP US N 1 N N N Medpace Holdings Inc 549300H8TYEUVTW14A54 Medpace Holdings, Inc 58506Q109 10580.00000000 NS USD 4275907.00000000 0.017564359079 Long EC CORP US N 1 N N N Ameris Bancorp PBJHNT51T5V6G5UQFV42 Ameris Bancorp 03076K108 38500.00000000 NS USD 1862630.00000000 0.007651219297 Long EC CORP US N 1 N N N CG oncology Inc N/A CG oncology, Inc 156944100 11058.00000000 NS USD 485446.20000000 0.001994091866 Long EC CORP US N 1 N N Cato Corp/The 529900R4SJUY7GCUU865 Cato Corp (Class A) 149205106 12003.00000000 NS USD 69257.31000000 0.000284491749 Long EC CORP US N 1 N N N International Game Technology PLC 549300UQ6KHRCZDRGZ76 International Game Technology plc G4863A108 54564.00000000 NS USD 1232600.76000000 0.005063216377 Long EC CORP US N 1 N N N National Vision Holdings Inc 549300JHURCBLI5ROA42 National Vision Holdings, Inc 63845R107 47869.00000000 NS USD 1060777.04000000 0.004357407407 Long EC CORP US N 1 N N N Generation Bio Co N/A Generation Bio Co 37148K100 23909.00000000 NS USD 97309.63000000 0.000399723680 Long EC CORP US N 1 N N Purple Innovation Inc N/A Purple Innovation, Inc 74640Y106 27406.00000000 NS USD 47686.44000000 0.000195883997 Long EC CORP US N 1 N N Brinker International Inc 52990067JY6PBGJNTG76 Brinker International, Inc 109641100 25489.00000000 NS USD 1266293.52000000 0.005201617828 Long EC CORP US N 1 N N N Orrstown Financial Services Inc 5493008IR3FINUFGVM95 Orrstown Financial Services, Inc 687380105 5318.00000000 NS USD 142362.86000000 0.000584791108 Long EC CORP US N 1 N N N Carlyle Group Inc/The 529900NGGVF94UK6PG95 Carlyle Group, Inc 14316J108 106775.00000000 NS USD 5008815.25000000 0.020574963303 Long EC CORP US N 1 N N N Alexander's Inc 549300TZM28P04U5R635 Alexander's, Inc 014752109 1329.00000000 NS USD 288579.06000000 0.001185410775 Long EC CORP US N 1 N N N OneWater Marine Inc N/A OneWater Marine, Inc 68280L101 5690.00000000 NS USD 160173.50000000 0.000657952773 Long EC CORP US N 1 N N Heritage Financial Corp/WA N/A Heritage Financial Corp 42722X106 22188.00000000 NS USD 430225.32000000 0.001767258269 Long EC CORP US N 1 N N N Janux Therapeutics Inc N/A Janux Therapeutics, Inc 47103J105 8802.00000000 NS USD 331395.30000000 0.001361289206 Long EC CORP US N 1 N N Hewlett Packard Enterprise Co 549300BX44RGX6ANDV88 Hewlett Packard Enterprise Co 42824C109 639437.00000000 NS USD 11337218.01000000 0.046570462849 Long EC CORP US N 1 N N N CSX Corp 549300JVQR4N1MMP3Q88 CSX Corp 126408103 934562.00000000 NS USD 34644213.34000000 0.142309784364 Long EC CORP US N 1 N N N Caledonia Mining Corp PLC 21380093ZBI4BFM75Y51 Caledonia Mining Corp plc G1757E113 8054.00000000 NS USD 89157.78000000 0.000366237914 Long EC CORP US N 1 N N Surmodics Inc 549300H76KXCAAGUS878 SurModics, Inc 868873100 10275.00000000 NS USD 301468.50000000 0.001238357378 Long EC CORP US N 1 N N N Kennametal Inc 549300GZDSG25XUV0Y08 Kennametal, Inc 489170100 45625.00000000 NS USD 1137887.50000000 0.004674157937 Long EC CORP US N 1 N N N ProKidney Corp N/A ProKidney Corp G7S53R104 30525.00000000 NS USD 50061.00000000 0.000205638097 Long EC CORP US N 1 N N Arrow Electronics Inc 549300YNNLBXT8N8R512 Arrow Electronics, Inc 042735100 25833.00000000 NS USD 3344340.18000000 0.013737715017 Long EC CORP US N 1 N N N Lazard Inc 254900RIBCDJSUFG1A11 Lazard, Inc 52110M109 54468.00000000 NS USD 2280575.16000000 0.009368033733 Long EC CORP US N 1 N N N BALLY'S CORP 549300NS4D5IK406VT62 BALLY'S CORP 05875B106 17816.00000000 NS USD 248355.04000000 0.001020180537 Long EC CORP US N 1 N N Dynatrace Inc N/A Dynatrace, Inc 268150109 123521.00000000 NS USD 5736315.24000000 0.023563351744 Long EC CORP US N 1 N N N QuinStreet Inc 549300TP8MFBFPOS4Y78 QuinStreet, Inc 74874Q100 20643.00000000 NS USD 364555.38000000 0.001497502541 Long EC CORP US N 1 N N N Alkami Technology Inc N/A Alkami Technology, Inc 01644J108 15192.00000000 NS USD 373267.44000000 0.001533289510 Long EC CORP US N 1 N N N Insmed Inc 529900Q55QAG41CCAC11 Insmed, Inc 457669307 60247.00000000 NS USD 1634501.11000000 0.006714122737 Long EC CORP US N 1 N N N Verizon Communications Inc 2S72QS2UO2OESLG6Y829 Verizon Communications, Inc 92343V104 2017761.00000000 NS USD 84665251.56000000 0.347783728683 Long EC CORP US N 1 N N N Lattice Semiconductor Corp 549300LRBBPZDQ2II567 Lattice Semiconductor Corp 518415104 68594.00000000 NS USD 5366108.62000000 0.022042635319 Long EC CORP US N 1 N N N KB Home 549300LGUCWQURMWLG09 KB Home 48666K109 34928.00000000 NS USD 2475696.64000000 0.010169544089 Long EC CORP US N 1 N N N Beam Therapeutics Inc N/A Beam Therapeutics, Inc 07373V105 25636.00000000 NS USD 847013.44000000 0.003479319874 Long EC CORP US N 1 N N Amazon.com Inc ZXTILKJKG63JELOEG630 Amazon.com, Inc 023135106 4293587.00000000 NS USD 774477223.06000000 3.181359193451 Long EC CORP US N 1 N N N Immersion Corp 529900AKNC1UAMQ2YB35 Immersion Corp 452521107 15475.00000000 NS USD 115753.00000000 0.000475484442 Long EC CORP US N 1 N N N Super Group SGHC Ltd N/A Super Group SGHC Ltd G8588X103 67428.00000000 NS USD 232626.60000000 0.000955572030 Long EC CORP US N 1 N N N Leslie's Inc N/A Leslie's, Inc 527064109 59869.00000000 NS USD 389148.50000000 0.001598524942 Long EC CORP US N 1 N N N Hawaiian Holdings Inc 529900TQUS2JVPSSPP86 Hawaiian Holdings, Inc 419879101 27588.00000000 NS USD 367748.04000000 0.001510617191 Long EC CORP US N 1 N N N Greenlight Capital Re Ltd 549300Q9HRIFA2BGHJ51 Greenlight Capital Re Ltd (Class A) G4095J109 20683.00000000 NS USD 257917.01000000 0.001059458724 Long EC CORP US N 1 N N N Madison Square Garden Entertainment Corp N/A Madison Square Garden Entertainment Corp 558256103 13156.00000000 NS USD 515846.76000000 0.002118969781 Long EC CORP US N 1 N N N Informatica Inc 984500E0DEFFE6DE9588 Informatica, Inc 45674M101 17943.00000000 NS USD 628005.00000000 0.002579687847 Long EC CORP US N 1 N N N Cardinal Health Inc CCU46N3GJMF4OK4N7U60 Cardinal Health, Inc 14149Y108 119770.00000000 NS USD 13402263.00000000 0.055053152421 Long EC CORP US N 1 N N N New York Community Bancorp Inc 529900HVXOTLY61GL030 New York Community Bancorp, Inc 649445103 90301.00000000 NS USD 290769.22000000 0.001194407406 Long EC CORP US N 1 N N Liberty Media Corp-Liberty Live N/A Liberty Media Corp-Liberty Live (Class A) 531229748 9028.00000000 NS USD 382335.80000000 0.001570540070 Long EC CORP US N 1 N N N Ready Capital Corp 549300MYWGZUG7ZUYO87 Ready Capital Corp 75574U101 77326.00000000 NS USD 705986.38000000 0.002900015899 Long EC CORP US N 1 N N Lindblad Expeditions Holdings Inc 549300GSPW24GZE6R597 Lindblad Expeditions Holdings, Inc 535219109 10890.00000000 NS USD 101603.70000000 0.000417362648 Long EC CORP US N 1 N N N First Watch Restaurant Group Inc N/A First Watch Restaurant Group, Inc 33748L101 7524.00000000 NS USD 185240.88000000 0.000760923315 Long EC CORP US N 1 N N N Immunovant Inc N/A Immunovant, Inc 45258J102 19494.00000000 NS USD 629851.14000000 0.002587271329 Long EC CORP US N 1 N N N International Paper Co 824LMFJDH41EY779Q875 International Paper Co 460146103 172512.00000000 NS USD 6731418.24000000 0.027650986581 Long EC CORP US N 1 N N N Brown & Brown Inc 549300PC8KTJ71XKFY89 Brown & Brown, Inc 115236101 117798.00000000 NS USD 10312036.92000000 0.042359274723 Long EC CORP US N 1 N N N Atomera Inc N/A Atomera, Inc 04965B100 10142.00000000 NS USD 62474.72000000 0.000256630561 Long EC CORP US N 1 N N NIKE Inc 787RXPR0UX0O0XUXPZ81 Nike, Inc (Class B) 654106103 562601.00000000 NS USD 52873241.98000000 0.217190085714 Long EC CORP US N 1 N N N Pacific Premier Bancorp Inc 549300Q1KIC3KLI0XG98 Pacific Premier Bancorp, Inc 69478X105 51153.00000000 NS USD 1227672.00000000 0.005042970261 Long EC CORP US N 1 N N N Radian Group Inc 54930005OUP720S5U385 Radian Group, Inc 750236101 73149.00000000 NS USD 2448297.03000000 0.010056993327 Long EC CORP US N 1 N N N Marinus Pharmaceuticals Inc 549300NCT4OJF7JV1084 Marinus Pharmaceuticals, Inc 56854Q200 24801.00000000 NS USD 224201.04000000 0.000920961932 Long EC CORP US N 1 N N Lennar Corp 529900G61XVRLX5TJX09 Lennar Corp (Class A) 526057104 114668.00000000 NS USD 19720602.64000000 0.081007315181 Long EC CORP US N 1 N N N Pool Corp 5493005VZK1KMN6CO617 Pool Corp 73278L105 18519.00000000 NS USD 7472416.50000000 0.030694822548 Long EC CORP US N 1 N N N Kilroy Realty Corp 549300CXXI18B214UN80 Kilroy Realty Corp 49427F108 63758.00000000 NS USD 2322703.94000000 0.009541088250 Long EC CORP US N 1 N N N Zumiez Inc 549300J0PDF58P6HZD25 Zumiez, Inc 989817101 11661.00000000 NS USD 177130.59000000 0.000727608268 Long EC CORP US N 1 N N N BioCryst Pharmaceuticals Inc 549300Z0INP1Z5NP6J59 BioCryst Pharmaceuticals, Inc 09058V103 97016.00000000 NS USD 492841.28000000 0.002024469010 Long EC CORP US N 1 N N N Simpson Manufacturing Co Inc 529900EJUNNL15LZ8056 Simpson Manufacturing Co, Inc 829073105 19894.00000000 NS USD 4081850.92000000 0.016767225121 Long EC CORP US N 1 N N N Onto Innovation Inc 254900RXZVN73CHOO062 Onto Innovation, Inc 683344105 21454.00000000 NS USD 3884890.32000000 0.015958160120 Long EC CORP US N 1 N N N Northern Oil & Gas Inc OKFF0PIZDDMNH4UCYE51 Northern Oil and Gas, Inc 665531307 26098.00000000 NS USD 1035568.64000000 0.004253857589 Long EC CORP US N 1 N N N HealthStream Inc 529900OJ88H8635JNH64 HealthStream, Inc 42222N103 18780.00000000 NS USD 500674.80000000 0.002056647155 Long EC CORP US N 1 N N N Hope Bancorp Inc 549300UTF4QGMBHIZ219 Hope Bancorp, Inc 43940T109 59403.00000000 NS USD 683728.53000000 0.002808586204 Long EC CORP US N 1 N N N World Acceptance Corp N/A World Acceptance Corp 981419104 2399.00000000 NS USD 347807.02000000 0.001428704457 Long EC CORP US N 1 N N N Southwest Airlines Co UDTZ87G0STFETI6HGH41 Southwest Airlines Co 844741108 299691.00000000 NS USD 8747980.29000000 0.035934520333 Long EC CORP US N 1 N N N EverCommerce Inc N/A EverCommerce, Inc 29977X105 12378.00000000 NS USD 116600.76000000 0.000478966829 Long EC CORP US N 1 N N ModivCare Inc 549300EFZIFW7F7I0Q28 ModivCare, Inc 60783X104 6780.00000000 NS USD 158991.00000000 0.000653095358 Long EC CORP US N 1 N N N FirstEnergy Corp 549300SVYJS666PQJH88 FirstEnergy Corp 337932107 263997.00000000 NS USD 10195564.14000000 0.041880833604 Long EC CORP US N 1 N N N Penn Entertainment Inc N/A Penn National Gaming, Inc 707569109 46409.00000000 NS USD 845107.89000000 0.003471492350 Long EC CORP US N 1 N N N Aveanna Healthcare Holdings Inc N/A Aveanna Healthcare Holdings, Inc 05356F105 21058.00000000 NS USD 52434.42000000 0.000215387514 Long EC CORP US N 1 N N N Crowdstrike Holdings Inc 549300YBY08K9KM4HX32 Crowdstrike Holdings, Inc 22788C105 101429.00000000 NS USD 32517123.11000000 0.133572228427 Long EC CORP US N 1 N N N Simply Good Foods Co/The N/A Simply Good Foods Co 82900L102 46457.00000000 NS USD 1580931.71000000 0.006494073008 Long EC CORP US N 1 N N N Global Business Travel Group I N/A Global Business Travel Group I 37890B100 16169.00000000 NS USD 97175.69000000 0.000399173488 Long EC CORP US N 1 N N LyondellBasell Industries NV BN6WCCZ8OVP3ITUUVN49 LyondellBasell Industries NV N53745100 122748.00000000 NS USD 12554665.44000000 0.051571433128 Long EC CORP US N 1 N N N Marcus Corp/The 549300NL0OKPNEMP6B79 Marcus Corp 566330106 14211.00000000 NS USD 202648.86000000 0.000832430954 Long EC CORP US N 1 N N Acadia Healthcare Co Inc 5493005CW985Y9D0NC11 Acadia Healthcare Co, Inc 00404A109 40295.00000000 NS USD 3192169.90000000 0.013112637474 Long EC CORP US N 1 N N N HubSpot Inc 529900BLNVEW0MVKJB37 HubSpot, Inc 443573100 21605.00000000 NS USD 13536828.80000000 0.055605915152 Long EC CORP US N 1 N N N Build-A-Bear Workshop Inc 529900S9MWZC1UBF3D13 Build-A-Bear Workshop, Inc 120076104 7271.00000000 NS USD 217184.77000000 0.000892140845 Long EC CORP US N 1 N N Washington Trust Bancorp Inc J66MZFCNJPP3PERHZW54 Washington Trust Bancorp, Inc 940610108 3676.00000000 NS USD 98810.88000000 0.000405890440 Long EC CORP US N 1 N N N Mission Produce Inc 54930016JOKVFT59L825 Mission Produce, Inc 60510V108 20226.00000000 NS USD 240082.62000000 0.000986199500 Long EC CORP US N 1 N N N Trupanion Inc 549300J86GFKIDGMQP18 Trupanion, Inc 898202106 20838.00000000 NS USD 575337.18000000 0.002363341583 Long EC CORP US N 1 N N Dover Corp 549300FMC2ALGA7N9E80 Dover Corp 260003108 65346.00000000 NS USD 11578657.74000000 0.047562237018 Long EC CORP US N 1 N N N AAON Inc N/A Aaon, Inc 000360206 32247.00000000 NS USD 2840960.70000000 0.011669957710 Long EC CORP US N 1 N N N Duolingo Inc N/A Duolingo, Inc 26603R106 12069.00000000 NS USD 2662180.02000000 0.010935571284 Long EC CORP US N 1 N N N Civista Bancshares Inc 5493001LX61Z2UVYSC48 Civista Bancshares, Inc 178867107 7262.00000000 NS USD 111689.56000000 0.000458792844 Long EC CORP US N 1 N N N Inspired Entertainment Inc 549300ZUGYK6NBIU6D69 Inspired Entertainment, Inc 45782N108 11356.00000000 NS USD 111970.16000000 0.000459945479 Long EC CORP US N 1 N N N Postal Realty Trust Inc 5493007B7ZZSIJRGWC41 Postal Realty Trust, Inc 73757R102 9072.00000000 NS USD 129911.04000000 0.000533642138 Long EC CORP US N 1 N N N General Dynamics Corp 9C1X8XOOTYY2FNYTVH06 General Dynamics Corp 369550108 116542.00000000 NS USD 32921949.58000000 0.135235154558 Long EC CORP US N 1 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 AbbVie, Inc 00287Y109 841172.00000000 NS USD 153177421.20000000 0.629214627175 Long EC CORP US N 1 N N N ConnectOne Bancorp Inc 549300E2M5ZYAZKUK134 ConnectOne Bancorp, Inc 20786W107 21722.00000000 NS USD 423579.00000000 0.001739956845 Long EC CORP US N 1 N N N Matador Resources Co 549300CI3Q2UUK5R4G79 Matador Resources Co 576485205 61756.00000000 NS USD 4123448.12000000 0.016938096040 Long EC CORP US N 1 N N N Confluent Inc 254900MRZ83YWUV7SN74 Confluent, Inc 20717M103 92360.00000000 NS USD 2818827.20000000 0.011579038815 Long EC CORP US N 1 N N N Centrus Energy Corp 549300G6VDK9G8276661 Centrus Energy Corp 15643U104 5171.00000000 NS USD 214751.63000000 0.000882146113 Long EC CORP US N 1 N N N SEMrush Holdings Inc N/A SEMrush Holdings, Inc 81686C104 15611.00000000 NS USD 207001.86000000 0.000850311992 Long EC CORP US N 1 N N N CME E-Mini Standard & Poor's 500 Index Future N/A CME E-Mini Standard & Poor's 500 Index Future N/A 503.00000000 NC USD 133508775.00000000 0.548420736086 N/A DE US N 1 N/A N/A Long S&P500 EMINI FUT Jun24 SPX 2024-06-21 131977284.55000000 USD 1531490.45000000 N N N Braemar Hotels & Resorts Inc 549300JDUUEBN868C776 Braemar Hotels & Resorts, Inc 10482B101 35081.00000000 NS USD 70162.00000000 0.000288207989 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 Johnson & Johnson 478160104 1150367.00000000 NS USD 181976555.73000000 0.747514286187 Long EC CORP US N 1 N N N Genuine Parts Co 549300D46DQVEU651W04 Genuine Parts Co 372460105 67692.00000000 NS USD 10487521.56000000 0.043080121839 Long EC CORP US N 1 N N N Kulicke & Soffa Industries Inc 529900H6BEIRBF429744 Kulicke & Soffa Industries, Inc 501242101 26815.00000000 NS USD 1349062.65000000 0.005541612763 Long EC CORP US N 1 N N N Alta Equipment Group Inc 549300DGOB28CLGS1X27 Alta Equipment Group, Inc 02128L106 10745.00000000 NS USD 139147.75000000 0.000571584238 Long EC CORP US N 1 N N N Harley-Davidson Inc ZDNAWZWXIKMWI51R2A08 Harley-Davidson, Inc 412822108 67182.00000000 NS USD 2938540.68000000 0.012070791921 Long EC CORP US N 1 N N N Healthcare Realty Trust Inc 549300L0I14L7I0VLX84 Healthcare Realty Trust, Inc 42226K105 202313.00000000 NS USD 2862728.95000000 0.011759376250 Long EC CORP US N 1 N N N WEX Inc T9M5IGROL1TL1G5OV478 WEX, Inc 96208T104 20819.00000000 NS USD 4945137.07000000 0.020313389228 Long EC CORP US N 1 N N N Live Nation Entertainment Inc 5493007B9BM9ZXJINO78 Live Nation, Inc 538034109 71776.00000000 NS USD 7591747.52000000 0.031185004604 Long EC CORP US N 1 N N N Church & Dwight Co Inc POOXSI30AWAQGYJZC921 Church & Dwight Co, Inc 171340102 111645.00000000 NS USD 11645689.95000000 0.047837588612 Long EC CORP US N 1 N N N Ring Energy Inc 549300HMY6TJ265I8S64 Ring Energy, Inc 76680V108 44313.00000000 NS USD 86853.48000000 0.000356772425 Long EC CORP US N 1 N N Evolent Health Inc 549300CZOCFHQ2BBTR11 Evolent Health, Inc 30050B101 45708.00000000 NS USD 1498765.32000000 0.006156553979 Long EC CORP US N 1 N N N Viasat Inc UFC8NYMNFSYIHNSM2I38 Viasat, Inc 92552V100 59678.00000000 NS USD 1079575.02000000 0.004434624818 Long EC CORP US N 1 N N N Salesforce Inc RCGZFPDMRW58VJ54VR07 Salesforce, Inc 79466L302 445780.00000000 NS USD 134260020.40000000 0.551506664747 Long EC CORP US N 1 N N N Welltower Inc T6IZ0MBEG5ACZDTR7D06 Welltower, Inc 95040Q104 264845.00000000 NS USD 24747116.80000000 0.101654981191 Long EC CORP US N 1 N N N Columbia Financial Inc 254900B9UDXFOJAZKN61 Columbia Financial, Inc 197641103 17061.00000000 NS USD 293619.81000000 0.001206116918 Long EC CORP US N 1 N N N Newpark Resources Inc 54930073OHWDQW4DJN26 Newpark Resources, Inc 651718504 63344.00000000 NS USD 457343.68000000 0.001878653726 Long EC CORP US N 1 N N N Luminar Technologies Inc 549300AVGXLDWYMI4298 Luminar Technologies, Inc 550424105 122392.00000000 NS USD 241112.24000000 0.000990428922 Long EC CORP US N 1 N N InterDigital Inc N/A InterDigital, Inc 45867G101 13365.00000000 NS USD 1422837.90000000 0.005844663082 Long EC CORP US N 1 N N Ulta Beauty Inc 529900CIV6HN8M28YM82 Ulta Beauty, Inc 90384S303 24062.00000000 NS USD 12581538.56000000 0.051681821199 Long EC CORP US N 1 N N N agilon health Inc N/A agilon health, Inc 00857U107 137773.00000000 NS USD 840415.30000000 0.003452216361 Long EC CORP US N 1 N N Deere & Co PWFTNG3EI0Y73OXWDH08 Deere & Co 244199105 123456.00000000 NS USD 50708317.44000000 0.208297115872 Long EC CORP US N 1 N N N Sabre Corp 529900VKCYZW8GZ4WW58 Sabre Corp 78573M104 186641.00000000 NS USD 451671.22000000 0.001855352675 Long EC CORP US N 1 N N N JELD-WEN Holding Inc 529900AXX7CT9GZSCS30 JELD-WEN Holding, Inc 47580P103 45832.00000000 NS USD 973013.36000000 0.003996896107 Long EC CORP US N 1 N N N Mister Car Wash Inc N/A Mister Car Wash, Inc 60646V105 22276.00000000 NS USD 172639.00000000 0.000709157937 Long EC CORP US N 1 N N M/I Homes Inc 5299005M71FH9CCSFB69 M/I Homes, Inc 55305B101 13163.00000000 NS USD 1793985.27000000 0.007369243874 Long EC CORP US N 1 N N N Lexicon Pharmaceuticals Inc N/A Lexicon Pharmaceuticals, Inc 528872302 30110.00000000 NS USD 72264.00000000 0.000296842481 Long EC CORP US N 1 N N N Diodes Inc 549300XP2X1ARVH3BX23 Diodes, Inc 254543101 23788.00000000 NS USD 1677054.00000000 0.006888919392 Long EC CORP US N 1 N N N Tiptree Inc N/A Tiptree, Inc 88822Q103 22143.00000000 NS USD 382631.04000000 0.001571752842 Long EC CORP US N 1 N N N Ormat Technologies Inc 5493000TSHHWY24VHM09 Ormat Technologies, Inc 686688102 24734.00000000 NS USD 1637143.46000000 0.006724976851 Long EC CORP US N 1 N N N National Western Life Group Inc 549300HPXNVHFT1BJ192 National Western Life Group, Inc 638517102 78.00000000 NS USD 38372.88000000 0.000157626216 Long EC CORP US N 1 N N N Caterpillar Inc WRJR7GS4GTRECRRTVX92 Caterpillar, Inc 149123101 243343.00000000 NS USD 89168175.49000000 0.366280616668 Long EC CORP US N 1 N N N Brookfield Infrastructure Corp N/A Brookfield Infrastructure Corp 11275Q107 44578.00000000 NS USD 1606591.12000000 0.006599475462 Long EC CORP US N 1 N N N ORIC Pharmaceuticals Inc 54930033FJRNEYBW0L25 ORIC Pharmaceuticals, Inc 68622P109 19543.00000000 NS USD 268716.25000000 0.001103819307 Long EC CORP US N 1 N N TTM Technologies Inc 549300SC4BDOIS008048 TTM Technologies, Inc 87305R109 51948.00000000 NS USD 812986.20000000 0.003339544462 Long EC CORP US N 1 N N N Blueprint Medicines Corp 5299004CC60O9T5HVM83 Blueprint Medicines Corp 09627Y109 31927.00000000 NS USD 3028595.22000000 0.012440713502 Long EC CORP US N 1 N N N Alamo Group Inc 54930080C93RVZRSDV26 Alamo Group, Inc 011311107 5157.00000000 NS USD 1177497.81000000 0.004836867207 Long EC CORP US N 1 N N N Corebridge Financial Inc 549300XY1661QCIA7J65 Corebridge Financial, Inc 21871X109 111781.00000000 NS USD 3211468.13000000 0.013191909788 Long EC CORP US N 1 N N N Altimmune Inc 549300EOYCQ8SW3NVE64 Altimmune, Inc 02155H200 24706.00000000 NS USD 251507.08000000 0.001033128331 Long EC CORP US N 1 N N Cohen & Steers Inc 549300XXIA338A0X2K65 Cohen & Steers, Inc 19247A100 15440.00000000 NS USD 1187181.60000000 0.004876645800 Long EC CORP US N 1 N N N GCM Grosvenor Inc N/A GCM Grosvenor, Inc 36831E108 23172.00000000 NS USD 223841.52000000 0.000919485113 Long EC CORP US N 1 N N N Ramaco Resources Inc 5493001BYUI4TCQOPF70 Ramaco Resources, Inc 75134P501 2299.00000000 NS USD 28852.45000000 0.000118518665 Long EC CORP US N 1 N N N H&E Equipment Services Inc 254900KVLRCDMQRYY541 H&E Equipment Services, Inc 404030108 17554.00000000 NS USD 1126615.72000000 0.004627856277 Long EC CORP US N 1 N N N Essent Group Ltd 254900QUO860OUT6ZF83 Essent Group Ltd G3198U102 51962.00000000 NS USD 3092258.62000000 0.012702226865 Long EC CORP US N 1 N N N Northwest Bancshares Inc N/A Northwest Bancshares, Inc 667340103 7868.00000000 NS USD 91662.20000000 0.000376525447 Long EC CORP US N 1 N N N Scotts Miracle-Gro Co/The 2TH9E0JTOUXOEGI2R879 Scotts Miracle-Gro Co (Class A) 810186106 22512.00000000 NS USD 1679170.08000000 0.006897611720 Long EC CORP US N 1 N N N OmniAb Operations Inc N/A OmniAb Operations, Inc 68218J202 3255.00000000 NS USD 32.55000000 0.000000133707 Long EC CORP US N 3 N N N Ferguson PLC 213800DU1LGY3R2S2X42 Ferguson plc G3421J106 98612.00000000 NS USD 21539819.16000000 0.088480202734 Long EC CORP US N 1 N N N Maxeon Solar Technologies Ltd 5493007JPB074ITT6Y72 Maxeon Solar Technologies Ltd Y58473102 12490.00000000 NS USD 41591.70000000 0.000170848326 Long EC CORP US N 1 N N Olympic Steel Inc 549300GQ061U6N6KWJ49 Olympic Steel, Inc 68162K106 6559.00000000 NS USD 464901.92000000 0.001909701090 Long EC CORP US N 1 N N N Arcturus Therapeutics Holdings Inc N/A Arcturus Therapeutics Holdings, Inc 03969T109 7756.00000000 NS USD 261920.12000000 0.001075902501 Long EC CORP US N 1 N N N Stitch Fix Inc 549300TNHOVBOJZIYE72 Stitch Fix, Inc 860897107 32244.00000000 NS USD 85124.16000000 0.000349668810 Long EC CORP US N 1 N N N Workiva Inc 529900RTOQ8GRWHY1O58 Workiva, Inc 98139A105 22930.00000000 NS USD 1944464.00000000 0.007987372951 Long EC CORP US N 1 N N N Blue Bird Corp 5493004ZXJUUWQ65ER59 Blue Bird Corp 095306106 3946.00000000 NS USD 151289.64000000 0.000621460093 Long EC CORP US N 1 N N N Kratos Defense & Security Solutions Inc 5493000EKBN0UY1F3F88 Kratos Defense & Security Solutions, Inc 50077B207 66946.00000000 NS USD 1230467.48000000 0.005054453395 Long EC CORP US N 1 N N N Radius Recycling Inc 549300F62TK8VRDSM285 Schnitzer Steel Industries, Inc (Class A) 806882106 14147.00000000 NS USD 298926.11000000 0.001227913875 Long EC CORP US N 1 N N N Roivant Sciences Ltd 549300DL466NY5J6U724 Roivant Sciences Ltd G76279101 178841.00000000 NS USD 1884984.14000000 0.007743044526 Long EC CORP US N 1 N N N Janus Henderson Group PLC 2138009WPYMWJN3RVF44 Janus Henderson Group plc G4474Y214 66557.00000000 NS USD 2189059.73000000 0.008992111181 Long EC CORP US N 1 N N N Celldex Therapeutics Inc 529900F018DMYWH38923 Celldex Therapeutics, Inc 15117B202 21395.00000000 NS USD 897948.15000000 0.003688546954 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 Home Depot, Inc 437076102 475829.00000000 NS USD 182528004.40000000 0.749779499732 Long EC CORP US N 1 N N N Hingham Institution For Savings The 2549009GDCGUR2T6KU55 Hingham Institution For Savings The 433323102 997.00000000 NS USD 173936.62000000 0.000714488236 Long EC CORP US N 1 N N N Enhabit Inc 549300RFQ78SLDFSHF49 Enhabit, Inc 29332G102 27101.00000000 NS USD 315726.65000000 0.001296926301 Long EC CORP US N 1 N N N RxSight Inc N/A RxSight, Inc 78349D107 10559.00000000 NS USD 544633.22000000 0.002237217376 Long EC CORP US N 1 N N N Q2 Holdings Inc 549300M9RKR9DZXWS696 Q2 Holdings, Inc 74736L109 29530.00000000 NS USD 1552096.80000000 0.006375626392 Long EC CORP US N 1 N N N Keysight Technologies Inc 549300GLKVIO8YRCYN02 Keysight Technologies, Inc 49338L103 80922.00000000 NS USD 12654582.36000000 0.051981866905 Long EC CORP US N 1 N N N UFP Technologies Inc 549300RJ8LY41HS70C91 UFP Technologies, Inc 902673102 4630.00000000 NS USD 1167686.00000000 0.004796562740 Long EC CORP US N 1 N N N Anika Therapeutics Inc 529900R9LS3Z0O6QH455 Anika Therapeutics, Inc 035255108 10943.00000000 NS USD 277952.20000000 0.001141758286 Long EC CORP US N 1 N N N Dorman Products Inc N/A Dorman Products, Inc 258278100 12642.00000000 NS USD 1218562.38000000 0.005005550215 Long EC CORP US N 1 N N N ACI Worldwide Inc 5493003BPVMZUJ6F5C02 ACI Worldwide, Inc 004498101 68208.00000000 NS USD 2265187.68000000 0.009304825805 Long EC CORP US N 1 N N N American States Water Co 529900L26LIS2V8PWM23 American States Water Co 029899101 20132.00000000 NS USD 1454335.68000000 0.005974048103 Long EC CORP US N 1 N N N US Bancorp N1GZ7BBF3NP8GI976H15 US Bancorp 902973304 746165.00000000 NS USD 33353575.50000000 0.137008166143 Long EC CORP US N 1 N N N Korn Ferry 549300FOD20OM0GT5G40 Korn/Ferry International 500643200 29134.00000000 NS USD 1915851.84000000 0.007869841336 Long EC CORP US N 1 N N N Boise Cascade Co 549300Z8B8LSRHC7XA55 Boise Cascade Co 09739D100 16526.00000000 NS USD 2534592.62000000 0.010411474079 Long EC CORP US N 1 N N N Renasant Corp 549300OVE6OZHW2UUH81 Renasant Corp 75970E107 30881.00000000 NS USD 967192.92000000 0.003972987192 Long EC CORP US N 1 N N N DocGo Inc N/A DocGo, Inc 256086109 41284.00000000 NS USD 166787.36000000 0.000685120859 Long EC CORP US N 1 N N Encore Capital Group Inc 5493000UVC6H49CIH830 Encore Capital Group, Inc 292554102 10179.00000000 NS USD 464264.19000000 0.001907081454 Long EC CORP US N 1 N N N EMCOR Group Inc 529900X0SQJB2J7YDU43 EMCOR Group, Inc 29084Q100 21296.00000000 NS USD 7457859.20000000 0.030635024792 Long EC CORP US N 1 N N N Stanley Black & Decker Inc 549300DJ09SMTO561131 Stanley Black & Decker, Inc 854502101 77790.00000000 NS USD 7617974.70000000 0.031292739315 Long EC CORP US N 1 N N N TripAdvisor Inc 549300XVG45PT5BART17 TripAdvisor, Inc 896945201 56597.00000000 NS USD 1572830.63000000 0.006460795792 Long EC CORP US N 1 N N N Vitesse Energy Inc N/A Vitesse Energy, Inc 92852X103 13021.00000000 NS USD 308988.33000000 0.001269246964 Long EC CORP US N 1 N N Regency Centers Corp 529900053A7X7FJ97S58 Regency Centers Corp 758849103 80805.00000000 NS USD 4893550.80000000 0.020101485702 Long EC CORP US N 1 N N N Savers Value Village Inc N/A Savers Value Village, Inc 80517M109 13763.00000000 NS USD 265350.64000000 0.001089994221 Long EC CORP US N 1 N N SSR Mining Inc 549300JD2KR7AB9DYJ38 SSR Mining, Inc 784730103 109335.00000000 NS USD 487634.10000000 0.002003079213 Long EC CORP US N 1 N N N OneMain Holdings Inc 549300E3VEW8SMS5XW09 OneMain Holdings, Inc 68268W103 52599.00000000 NS USD 2687282.91000000 0.011038687693 Long EC CORP US N 1 N N N AngioDynamics Inc 549300W3VKC5ZKMO8C28 Angiodynamics, Inc 03475V101 26107.00000000 NS USD 153248.09000000 0.000629504916 Long EC CORP US N 1 N N N Akoustis Technologies Inc 549300DLBFV9XWL6J142 Akoustis Technologies, Inc 00973N102 18515.00000000 NS USD 10944.22000000 0.000044956125 Long EC CORP US N 1 N N Oshkosh Corp 549300FEKNPCFSA2B506 Oshkosh Corp 688239201 27603.00000000 NS USD 3442370.13000000 0.014140397592 Long EC CORP US N 1 N N N Sun Country Airlines Holdings Inc 549300MOHOJN9GH0NJ48 Sun Country Airlines Holdings, Inc 866683105 9455.00000000 NS USD 142675.95000000 0.000586077203 Long EC CORP US N 1 N N N Kellanova LONOZNOJYIBXOHXWDB86 Kellogg Co 487836108 118743.00000000 NS USD 6802786.47000000 0.027944149463 Long EC CORP US N 1 N N N Owens & Minor Inc 549300LMT5KQQXCEZ733 Owens & Minor, Inc 690732102 31294.00000000 NS USD 867156.74000000 0.003562063524 Long EC CORP US N 1 N N N Casey's General Stores Inc 549300CAFWSI86V66Q65 Casey's General Stores, Inc 147528103 18360.00000000 NS USD 5846742.00000000 0.024016957322 Long EC CORP US N 1 N N N Hancock Whitney Corp 549300GRNBWY8HIICT41 Hancock Whitney Corp 410120109 47878.00000000 NS USD 2204303.12000000 0.009054727223 Long EC CORP US N 1 N N N Exact Sciences Corp 549300VM3X1FYD4N9Z14 Exact Sciences Corp 30063P105 88922.00000000 NS USD 6140953.32000000 0.025225504016 Long EC CORP US N 1 N N N TD SYNNEX Corp 5493004HI6PFLF46NS53 TD SYNNEX Corp 87162W100 25618.00000000 NS USD 2897395.80000000 0.011901779020 Long EC CORP US N 1 N N N Thermon Group Holdings Inc 529900ZNZBBLDE77MZ38 Thermon Group Holdings, Inc 88362T103 24419.00000000 NS USD 798989.68000000 0.003282050250 Long EC CORP US N 1 N N N Stryker Corp 5493002F0SC4JTBU5137 Stryker Corp 863667101 169508.00000000 NS USD 60661827.96000000 0.249183653600 Long EC CORP US N 1 N N N EchoStar Corp 549300EE20907QZ9GT38 EchoStar Corp (Class A) 278768106 70447.00000000 NS USD 1003869.75000000 0.004123646458 Long EC CORP US N 1 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 Charles Schwab Corp 808513105 706595.00000000 NS USD 51115082.30000000 0.209968004425 Long EC CORP US N 1 N N N Allegion plc 984500560CAC2E6FB757 Allegion plc G0176J109 41449.00000000 NS USD 5583594.79000000 0.022936014241 Long EC CORP US N 1 N N N Definitive Healthcare Corp N/A Definitive Healthcare Corp 24477E103 10656.00000000 NS USD 85993.92000000 0.000353241567 Long EC CORP US N 1 N N N Duckhorn Portfolio Inc/The 2549003BCT5CJSKJ9X51 Duckhorn Portfolio, Inc 26414D106 11007.00000000 NS USD 102475.17000000 0.000420942429 Long EC CORP US N 1 N N N Teladoc Health Inc 549300I2PVFBC9MFAC61 Teladoc Health, Inc 87918A105 80556.00000000 NS USD 1216395.60000000 0.004996649623 Long EC CORP US N 1 N N N Transcat Inc 54930081E40TSSHUOS40 Transcat, Inc 893529107 3856.00000000 NS USD 429674.08000000 0.001764993913 Long EC CORP US N 1 N N N Beazer Homes USA Inc 549300DUPYT2T0F60I45 Beazer Homes USA, Inc 07556Q881 1361.00000000 NS USD 44640.80000000 0.000183373268 Long EC CORP US N 1 N N N Hims & Hers Health Inc 549300ZQ4ZUYSAAX6P59 Hims & Hers Health, Inc 433000106 62220.00000000 NS USD 962543.40000000 0.003953888124 Long EC CORP US N 1 N N N Crocs Inc 549300B0J6YCXD63OG72 Crocs, Inc 227046109 24729.00000000 NS USD 3556030.20000000 0.014607284800 Long EC CORP US N 1 N N N New Jersey Resources Corp 549300QKBSQBIX4DQ583 New Jersey Resources Corp 646025106 38348.00000000 NS USD 1645512.68000000 0.006759355519 Long EC CORP US N 1 N N N Trimble Inc 549300E2MI7NSZFQWS19 Trimble Inc 896239100 116227.00000000 NS USD 7480369.72000000 0.030727492391 Long EC CORP US N 1 N N N Clearfield Inc 529900M4S2OQ1ADPR537 Clearfield, Inc 18482P103 8964.00000000 NS USD 276449.76000000 0.001135586637 Long EC CORP US N 1 N N Organogenesis Holdings Inc 549300RLC2O821TU6941 Organogenesis Holdings, Inc 68621F102 13691.00000000 NS USD 38882.44000000 0.000159719362 Long EC CORP US N 1 N N N Flushing Financial Corp N/A Flushing Financial Corp 343873105 4145.00000000 NS USD 52268.45000000 0.000214705751 Long EC CORP US N 1 N N Constellation Energy Corp 549300F8Y20RYGNGV346 Constellation Energy Corp 21037T109 152189.00000000 NS USD 28132136.65000000 0.115559798142 Long EC CORP US N 1 N N N Aldeyra Therapeutics Inc 529900HGKY864E4Y9014 Aldeyra Therapeutics, Inc 01438T106 23019.00000000 NS USD 75272.13000000 0.000309199128 Long EC CORP US N 1 N N N Liquidity Services Inc 5299002AZ4ULSAXN0G81 Liquidity Services, Inc 53635B107 19090.00000000 NS USD 355074.00000000 0.001458555397 Long EC CORP US N 1 N N N Acuity Brands Inc N/A Acuity Brands, Inc 00508Y102 13778.00000000 NS USD 3702561.94000000 0.015209200627 Long EC CORP US N 1 N N N STAG Industrial Inc 549300QWYX2W6FASVQ07 STAG Industrial, Inc 85254J102 84224.00000000 NS USD 3237570.56000000 0.013299132058 Long EC CORP US N 1 N N N Norwegian Cruise Line Holdings Ltd N/A Norwegian Cruise Line Holdings Ltd G66721104 204209.00000000 NS USD 4274094.37000000 0.017556913247 Long EC CORP US N 1 N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 Morgan Stanley 617446448 560328.00000000 NS USD 52760484.48000000 0.216726906038 Long EC CORP US N 1 N N N Limoneira Co 549300UCPZVJGYHI7550 Limoneira Co 532746104 8891.00000000 NS USD 173907.96000000 0.000714370508 Long EC CORP US N 1 N N API Group Corp 213800NZT1VX6PZ7BT53 API Group Corp 00187Y100 98441.00000000 NS USD 3865778.07000000 0.015879651765 Long EC CORP US N 1 N N N Nucor Corp 549300GGJCRSI2TIEJ46 Nucor Corp 670346105 117400.00000000 NS USD 23233460.00000000 0.095437256727 Long EC CORP US N 1 N N N Public Storage 549300LMZF40TKJ6DM64 Public Storage, Inc 74460D109 75586.00000000 NS USD 21924475.16000000 0.090060273607 Long EC CORP US N 1 N N N Integer Holdings Corp 549300SUD2ED5XG6X569 Integer Holdings Corp 45826H109 17928.00000000 NS USD 2091839.04000000 0.008592752844 Long EC CORP US N 1 N N N Redfin Corp 549300HXWD3JEMZU3O57 Redfin Corp 75737F108 57095.00000000 NS USD 379681.75000000 0.001559637895 Long EC CORP US N 1 N N ServisFirst Bancshares Inc N/A ServisFirst Bancshares, Inc 81768T108 24631.00000000 NS USD 1634513.16000000 0.006714172235 Long EC CORP US N 1 N N N Remitly Global Inc N/A Remitly Global, Inc 75960P104 68799.00000000 NS USD 1426891.26000000 0.005861313274 Long EC CORP US N 1 N N N Mondelez International Inc 549300DV9GIB88LZ5P30 Mondelez International, Inc 609207105 640339.00000000 NS USD 44823730.00000000 0.184124698925 Long EC CORP US N 1 N N N MarketAxess Holdings Inc 5493002U1CA1XJOVID83 MarketAxess Holdings, Inc 57060D108 18723.00000000 NS USD 4105017.75000000 0.016862388678 Long EC CORP US N 1 N N N ACADIA Pharmaceuticals Inc 529900O3044NO0PEA039 Acadia Pharmaceuticals, Inc 004225108 46492.00000000 NS USD 859637.08000000 0.003531174637 Long EC CORP US N 1 N N N ON Semiconductor Corp ZV20P4CNJVT8V1ZGJ064 ON Semiconductor Corp 682189105 208183.00000000 NS USD 15311859.65000000 0.062897298998 Long EC CORP US N 1 N N N 908 Devices Inc N/A 908 Devices, Inc 65443P102 6963.00000000 NS USD 52570.65000000 0.000215947113 Long EC CORP US N 1 N N Eastern Bankshares Inc 549300J245MBQU3DO403 Eastern Bankshares, Inc 27627N105 94260.00000000 NS USD 1298902.80000000 0.005335568614 Long EC CORP US N 1 N N N Masimo Corp 549300Q4A8JK0PIYCU29 Masimo Corp 574795100 19104.00000000 NS USD 2805422.40000000 0.011523975241 Long EC CORP US N 1 N N N Foghorn Therapeutics Inc N/A Foghorn Therapeutics, Inc 344174107 10305.00000000 NS USD 69146.55000000 0.000284036774 Long EC CORP US N 1 N N Summit Hotel Properties Inc 254900OBQWJK6X20LS71 Summit Hotel Properties, Inc 866082100 73018.00000000 NS USD 475347.18000000 0.001952607612 Long EC CORP US N 1 N N N One Liberty Properties Inc 549300QII1CQZGZBZR14 One Liberty Properties, Inc 682406103 9166.00000000 NS USD 207059.94000000 0.000850550570 Long EC CORP US N 1 N N Bit Digital Inc N/A Bit Digital, Inc G1144A105 36478.00000000 NS USD 104691.86000000 0.000430048039 Long EC CORP US N 1 N N Cracker Barrel Old Country Store Inc 8P4PHQIUWPIECBFBW745 Cracker Barrel Old Country Store, Inc 22410J106 12944.00000000 NS USD 941417.12000000 0.003867106637 Long EC CORP US N 1 N N Cal-Maine Foods Inc 549300NHE5WMIEIEMF53 Cal-Maine Foods, Inc 128030202 22629.00000000 NS USD 1331716.65000000 0.005470359723 Long EC CORP US N 1 N N N Ensign Group Inc/The 5493003K4HEEA8Q0BC72 Ensign Group, Inc 29358P101 28674.00000000 NS USD 3567619.08000000 0.014654889028 Long EC CORP US N 1 N N N Advance Auto Parts Inc 529900UCNQ5H9FSL0Y70 Advance Auto Parts, Inc 00751Y106 28577.00000000 NS USD 2431616.93000000 0.009988475638 Long EC CORP US N 1 N N N Penumbra Inc 549300RGE06P3ECANU72 Penumbra, Inc 70975L107 17918.00000000 NS USD 3998939.24000000 0.016426644627 Long EC CORP US N 1 N N N Cleveland-Cliffs Inc 549300TM2WLI2BJMDD86 Cleveland-Cliffs, Inc 185899101 230842.00000000 NS USD 5249347.08000000 0.021563008046 Long EC CORP US N 1 N N N Gentherm Inc HKM6YX1U5JS60TCUB219 Gentherm, Inc 37253A103 18149.00000000 NS USD 1045019.42000000 0.004292679035 Long EC CORP US N 1 N N N Cabaletta Bio Inc N/A Cabaletta Bio, Inc 12674W109 11526.00000000 NS USD 196633.56000000 0.000807721602 Long EC CORP US N 1 N N N Dun & Bradstreet Holdings Inc N/A Dun & Bradstreet Holdings, Inc 26484T106 129661.00000000 NS USD 1301796.44000000 0.005347454965 Long EC CORP US N 1 N N N iRhythm Technologies Inc 549300FJI72RJGDQS384 iRhythm Technologies, Inc 450056106 16105.00000000 NS USD 1868180.00000000 0.007674017312 Long EC CORP US N 1 N N N CNX Resources Corp 549300JK3KH8PWM3B226 CNX Resources Corp 12653C108 51225.00000000 NS USD 1215057.00000000 0.004991150988 Long EC CORP US N 1 N N Revance Therapeutics Inc 549300N33TFDZHS81H11 Revance Therapeutics, Inc 761330109 33815.00000000 NS USD 166369.80000000 0.000683405627 Long EC CORP US N 1 N N N J & J Snack Foods Corp N/A J&J Snack Foods Corp 466032109 8046.00000000 NS USD 1163129.76000000 0.004777846842 Long EC CORP US N 1 N N N OSI Systems Inc DDX3MPX1Y8YD30050X33 OSI Systems, Inc 671044105 9244.00000000 NS USD 1320228.08000000 0.005423167544 Long EC CORP US N 1 N N N Twist Bioscience Corp 549300T23BL59LCOH584 Twist Bioscience Corp 90184D100 26284.00000000 NS USD 901804.04000000 0.003704385988 Long EC CORP US N 1 N N N Belden Inc 68BKYO1JC791TTJHUE82 Belden CDT, Inc 077454106 24142.00000000 NS USD 2235790.62000000 0.009184070017 Long EC CORP US N 1 N N N FTAI Aviation Ltd N/A FTAI Aviation Ltd G3730V105 49125.00000000 NS USD 3306112.50000000 0.013580685245 Long EC CORP US N 1 N N N McDonald's Corp UE2136O97NLB5BYP9H04 McDonald's Corp 580135101 347467.00000000 NS USD 97968320.65000000 0.402429417272 Long EC CORP US N 1 N N N Avis Budget Group Inc 529900E95812SYWMCE44 Avis Budget Group, Inc 053774105 8746.00000000 NS USD 1071035.16000000 0.004399545204 Long EC CORP US N 1 N N Albany International Corp L73WCPNCZIRSQGZTW097 Albany International Corp (Class A) 012348108 16794.00000000 NS USD 1570406.94000000 0.006450839879 Long EC CORP US N 1 N N N Nuvation Bio Inc N/A Nuvation Bio, Inc 67080N101 35946.00000000 NS USD 130843.44000000 0.000537472204 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 Alphabet, Inc (Class A) 02079K305 2832696.00000000 NS USD 427538807.28000000 1.756222745613 Long EC CORP US N 1 N N N Omega Flex Inc N/A Omega Flex, Inc 682095104 2354.00000000 NS USD 166969.22000000 0.000685867895 Long EC CORP US N 1 N N Ponce Financial Group Inc N/A Ponce Financial Group, Inc 732344106 11515.00000000 NS USD 102483.50000000 0.000420976647 Long EC CORP US N 1 N N N EyePoint Pharmaceuticals Inc 549300QE1RU34T50MR69 EyePoint Pharmaceuticals, Inc 30233G209 12962.00000000 NS USD 267924.54000000 0.001100567160 Long EC CORP US N 1 N N TPG RE Finance Trust Inc N/A TPG RE Finance Trust, Inc 87266M107 32761.00000000 NS USD 252914.92000000 0.001038911386 Long EC CORP US N 1 N N N Cincinnati Financial Corp 254900Q4WEDMZBOZ0002 Cincinnati Financial Corp 172062101 74945.00000000 NS USD 9305920.65000000 0.038226400121 Long EC CORP US N 1 N N N SI-BONE Inc 549300J8JGYVJJHV9C31 SI-BONE, Inc 825704109 17531.00000000 NS USD 286982.47000000 0.001178852382 Long EC CORP US N 1 N N N FB Financial Corp 5493000B2LD2C2A6C435 FB Financial Corp 30257X104 13107.00000000 NS USD 493609.62000000 0.002027625159 Long EC CORP US N 1 N N N CVR Energy Inc 529900SOYZIXZBTXB558 CVR Energy, Inc 12662P108 11149.00000000 NS USD 397573.34000000 0.001633132082 Long EC CORP US N 1 N N Republic Bancorp Inc/KY N/A Republic Bancorp, Inc (Class A) 760281204 6104.00000000 NS USD 311304.00000000 0.001278759158 Long EC CORP US N 1 N N N KLA Corp 549300H0BF5JCG96TJ81 KLA Corp 482480100 63710.00000000 NS USD 44505894.70000000 0.182819110815 Long EC CORP US N 1 N N N Multiplan Corp N/A Multiplan Corp 62548M100 187715.00000000 NS USD 152274.41000000 0.000625505282 Long EC CORP US N 1 N N N Alkermes PLC N/A Alkermes plc G01767105 87531.00000000 NS USD 2369464.17000000 0.009733167608 Long EC CORP US N 1 N N N Itron Inc 24F6LSZD18II6ICG6S41 Itron, Inc 465741106 24355.00000000 NS USD 2253324.60000000 0.009256095232 Long EC CORP US N 1 N N N ServiceNow Inc 549300HJTQM36M0E1G39 ServiceNow, Inc 81762P102 96682.00000000 NS USD 73710356.80000000 0.302783754352 Long EC CORP US N 1 N N N Yelp Inc 5299007OU2DOSXPQBO35 Yelp, Inc 985817105 41665.00000000 NS USD 1641601.00000000 0.006743287314 Long EC CORP US N 1 N N N Alerus Financial Corp 5493008BXLBPPELQ3G57 Alerus Financial Corp 01446U103 8948.00000000 NS USD 195334.84000000 0.000802386784 Long EC CORP US N 1 N N Atmos Energy Corp QVLWEGTD2S8GJMO8D383 Atmos Energy Corp 049560105 69829.00000000 NS USD 8300573.23000000 0.034096683762 Long EC CORP US N 1 N N N Anywhere Real Estate Inc 5493004HBTOTE9DI9P12 Anywhere Real Estate, Inc 75605Y106 62854.00000000 NS USD 388437.72000000 0.001595605235 Long EC CORP US N 1 N N N Best Buy Co Inc HL5XPTVRV0O8TUN5LL90 Best Buy Co, Inc 086516101 88141.00000000 NS USD 7230206.23000000 0.029699883192 Long EC CORP US N 1 N N N Cimpress PLC 549300X1IFD75XISOR81 Cimpress plc G2143T103 8021.00000000 NS USD 709938.71000000 0.002916251084 Long EC CORP US N 1 N N N Prothena Corp PLC 5299009ZXQ8NIIJ8OL30 Prothena Corp plc G72800108 18603.00000000 NS USD 460796.31000000 0.001892836268 Long EC CORP US N 1 N N N Littelfuse Inc 549300MY7HLQFYTPCX75 Littelfuse, Inc 537008104 13151.00000000 NS USD 3187144.85000000 0.013091995823 Long EC CORP US N 1 N N N NiSource Inc 549300D8GOWWH0SJB189 NiSource, Inc 65473P105 209437.00000000 NS USD 5793027.42000000 0.023796311230 Long EC CORP US N 1 N N N Scholastic Corp N/A Scholastic Corp 807066105 19984.00000000 NS USD 753596.64000000 0.003095586968 Long EC CORP US N 1 N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 Lockheed Martin Corp 539830109 103368.00000000 NS USD 47019002.16000000 0.193142329218 Long EC CORP US N 1 N N N Integra LifeSciences Holdings Corp WB7IJCYY8YFTENS4O147 Integra LifeSciences Holdings Corp 457985208 30442.00000000 NS USD 1079168.90000000 0.004432956579 Long EC CORP US N 1 N N N Standex International Corp RCX52GR0JW2LRRMH9Z54 Standex International Corp 854231107 4143.00000000 NS USD 754937.46000000 0.003101094722 Long EC CORP US N 1 N N N Etsy Inc 54930089Q7XT501AEA40 Etsy, Inc 29786A106 61188.00000000 NS USD 4204839.36000000 0.017272430946 Long EC CORP US N 1 N N N Byline Bancorp Inc 549300W7ODP4YL2H4823 Byline Bancorp, Inc 124411109 5576.00000000 NS USD 121110.72000000 0.000497492619 Long EC CORP US N 1 N N N Peakstone Realty Trust 549300EZQXWQI2YL1T80 Peakstone Realty Trust 39818P799 14178.00000000 NS USD 228691.14000000 0.000939406142 Long EC CORP US N 1 N N Fidelis Insurance Holdings Ltd 549300CDMGCAGJQ7DX03 Fidelis Insurance Holdings Ltd G3398L118 28518.00000000 NS USD 555530.64000000 0.002281981259 Long EC CORP US N 1 N N Saia Inc 549300WNPG4N9GBOYB29 Saia, Inc 78709Y105 12372.00000000 NS USD 7237620.00000000 0.029730337110 Long EC CORP US N 1 N N N Farmland Partners Inc 549300LB188CHPZ4IL37 Farmland Partners, Inc 31154R109 19962.00000000 NS USD 221578.20000000 0.000910187959 Long EC CORP US N 1 N N Titan International Inc 254900CXRGBE7C4B5A06 Titan International, Inc 88830M102 27553.00000000 NS USD 343310.38000000 0.001410233382 Long EC CORP US N 1 N N N TriCo Bancshares N/A Trico Bancshares 896095106 19212.00000000 NS USD 706617.36000000 0.002902607807 Long EC CORP US N 1 N N N Mirum Pharmaceuticals Inc 254900YZKR40F7F27K81 Mirum Pharmaceuticals, Inc 604749101 8147.00000000 NS USD 204652.64000000 0.000840661982 Long EC CORP US N 1 N N CS Disco Inc N/A CS Disco, Inc 126327105 6968.00000000 NS USD 56649.84000000 0.000232703408 Long EC CORP US N 1 N N N SoundThinking Inc 549300MQV8SOWVNVZ667 SoundThinking, Inc 82536T107 4906.00000000 NS USD 77907.28000000 0.000320023667 Long EC CORP US N 1 N N N Utz Brands Inc N/A Utz Brands, Inc 918090101 32173.00000000 NS USD 593270.12000000 0.002437005626 Long EC CORP US N 1 N N N USANA Health Sciences Inc 549300YTURXE814MAH96 USANA Health Sciences, Inc 90328M107 8349.00000000 NS USD 404926.50000000 0.001663337029 Long EC CORP US N 1 N N N Alpine Immune Sciences Inc 5493000845S6RLSDWJ40 Alpine Immune Sciences, Inc 02083G100 15824.00000000 NS USD 627263.36000000 0.002576641375 Long EC CORP US N 1 N N N ARMOUR Residential REIT Inc 549300K0WA0EJUX74V72 ARMOUR Residential REIT, Inc 042315705 5232.00000000 NS USD 103436.64000000 0.000424891908 Long EC CORP US N 1 N N Crown Holdings Inc NYLWZIOY8PUNIT4JOE22 Crown Holdings, Inc 228368106 52888.00000000 NS USD 4191902.88000000 0.017219291114 Long EC CORP US N 1 N N N Norfolk Southern Corp 54930036C8MWP850MI84 Norfolk Southern Corp 655844108 110296.00000000 NS USD 28111141.52000000 0.115473555387 Long EC CORP US N 1 N N N Envista Holdings Corp 549300BX623VURJZ5269 Envista Holdings Corp 29415F104 79184.00000000 NS USD 1692953.92000000 0.006954232296 Long EC CORP US N 1 N N N Dick's Sporting Goods Inc 529900SSBV5I4LWSK313 Dick's Sporting Goods, Inc 253393102 25367.00000000 NS USD 5704023.62000000 0.023430705826 Long EC CORP US N 1 N N N Intel Corp KNX4USFCNGPY45LOCE31 Intel Corp 458140100 2012141.00000000 NS USD 88876267.97000000 0.365081533410 Long EC CORP US N 1 N N N Live Oak Bancshares Inc N/A Live Oak Bancshares, Inc 53803X105 14926.00000000 NS USD 619578.26000000 0.002545072901 Long EC CORP US N 1 N N N Riley Exploration Permian Inc 5493008CUBI02XP43Q95 Riley Exploration Permian, Inc 76665T102 4815.00000000 NS USD 158895.00000000 0.000652701014 Long EC CORP US N 1 N N Addus HomeCare Corp 52990090ZT33AKPDBX62 Addus HomeCare Corp 006739106 8397.00000000 NS USD 867745.98000000 0.003564483975 Long EC CORP US N 1 N N N AutoNation Inc N/A Autonation, Inc 05329W102 12767.00000000 NS USD 2113959.86000000 0.008683619653 Long EC CORP US N 1 N N N Overseas Shipholding Group Inc N/A Overseas Shipholding Group, Inc 69036R863 28818.00000000 NS USD 184435.20000000 0.000757613783 Long EC CORP US N 1 N N N AtriCure Inc N/A AtriCure, Inc 04963C209 22609.00000000 NS USD 687765.78000000 0.002825170220 Long EC CORP US N 1 N N N Accel Entertainment Inc N/A Accel Entertainment, Inc 00436Q106 25118.00000000 NS USD 296141.22000000 0.001216474241 Long EC CORP US N 1 N N N Brookdale Senior Living Inc LH7MQB13NWY7CJ9VC445 Brookdale Senior Living, Inc 112463104 100981.00000000 NS USD 667484.41000000 0.002741859413 Long EC CORP US N 1 N N N Douglas Elliman Inc 549300BXICHPOXA1NO93 Douglas Elliman, Inc 25961D105 41149.00000000 NS USD 65015.42000000 0.000267067123 Long EC CORP US N 1 N N N Intra-Cellular Therapies Inc 5299002U2KGF193IJA20 Intra-Cellular Therapies, Inc 46116X101 46963.00000000 NS USD 3249839.60000000 0.013349530213 Long EC CORP US N 1 N N N ZoomInfo Technologies Inc 2549008GSAHW4UWFEM58 ZoomInfo Technologies, Inc 98980F104 141765.00000000 NS USD 2272492.95000000 0.009334834031 Long EC CORP US N 1 N N N AES Corp/The 2NUNNB7D43COUIRE5295 AES Corp 00130H105 297148.00000000 NS USD 5327863.64000000 0.021885534484 Long EC CORP US N 1 N N N Annexon Inc N/A Annexon, Inc 03589W102 94340.00000000 NS USD 676417.80000000 0.002778555550 Long EC CORP US N 1 N N N United States N/A Worthington Steel, Inc 982104101 10006.00000000 NS USD 358715.10000000 0.001473512128 Long EC CORP US N 1 N N N Alphatec Holdings Inc 549300EZE8CQ8K65FS24 Alphatec Holdings, Inc 02081G201 31277.00000000 NS USD 431309.83000000 0.001771713166 Long EC CORP US N 1 N N N Modine Manufacturing Co Z35SZFYJR8GZZRSIUU09 Modine Manufacturing Co 607828100 25388.00000000 NS USD 2416683.72000000 0.009927133737 Long EC CORP US N 1 N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 PepsiCo, Inc 713448108 660389.00000000 NS USD 115574678.89000000 0.474751943981 Long EC CORP US N 1 N N N CTO Realty Growth Inc N/A CTO Realty Growth, Inc 22948Q101 11994.00000000 NS USD 203298.30000000 0.000835098691 Long EC CORP US N 1 N N Artisan Partners Asset Management Inc 549300T1FUI6JF63XU51 Artisan Partners Asset Management, Inc 04316A108 32135.00000000 NS USD 1470818.95000000 0.006041757264 Long EC CORP US N 1 N N N DoorDash Inc 549300NUQ43FGGSK5051 DoorDash, Inc 25809K105 150388.00000000 NS USD 20711435.36000000 0.085077408773 Long EC CORP US N 1 N N N MKS INSTRUMENTS INC 549300KEQATBHAGVF505 MKS Instruments, Inc 55306N104 33135.00000000 NS USD 4406955.00000000 0.018102671565 Long EC CORP US N 1 N N N Noble Corp PLC 549300I3HBUNXO0OG954 Noble Corp plc G65431127 55205.00000000 NS USD 2676890.45000000 0.010995998060 Long EC CORP US N 1 N N N Arvinas Inc N/A Arvinas, Inc 04335A105 23815.00000000 NS USD 983083.20000000 0.004038260497 Long EC CORP US N 1 N N N Annaly Capital Management Inc 2DTL0G3FPRYUT58TI025 Annaly Capital Management, Inc 035710839 239553.00000000 NS USD 4716798.57000000 0.019375431642 Long EC CORP US N 1 N N N Ovid therapeutics Inc 549300H36NUI4L6U8F17 Ovid therapeutics, Inc 690469101 29936.00000000 NS USD 91304.80000000 0.000375057337 Long EC CORP US N 1 N N N Miller Industries Inc/TN 549300F1O74SPUJ7UU94 Miller Industries, Inc 600551204 7280.00000000 NS USD 364728.00000000 0.001498211621 Long EC CORP US N 1 N N N Intuit Inc VI90HBPH7XSFMB9E4M29 Intuit, Inc 461202103 130275.00000000 NS USD 84678750.00000000 0.347839176907 Long EC CORP US N 1 N N N Target Corp 8WDDFXB5T1Z6J0XC1L66 Target Corp 87612E106 219102.00000000 NS USD 38827065.42000000 0.159491897051 Long EC CORP US N 1 N N N Aura Biosciences Inc N/A Aura Biosciences, Inc 05153U107 9389.00000000 NS USD 73703.65000000 0.000302756204 Long EC CORP US N 1 N N N Sempra PBBKGKLRK5S5C0Y4T545 Sempra Energy 816851109 300422.00000000 NS USD 21579312.26000000 0.088642430535 Long EC CORP US N 1 N N N Diamond Hill Investment Group Inc 549300AQ6779A0B7VZ57 Diamond Hill Investment Group, Inc 25264R207 2179.00000000 NS USD 335936.43000000 0.001379943035 Long EC CORP US N 1 N N N Hecla Mining Co 5493009Y6HOBZD1QD537 Hecla Mining Co 422704106 290099.00000000 NS USD 1395376.19000000 0.005731857229 Long EC CORP US N 1 N N N TransDigm Group Inc N/A TransDigm Group, Inc 893641100 25384.00000000 NS USD 31262934.40000000 0.128420334138 Long EC CORP US N 1 N N N Neurocrine Biosciences Inc 549300FECER0XBN49756 Neurocrine Biosciences, Inc 64125C109 45814.00000000 NS USD 6318666.88000000 0.025955506980 Long EC CORP US N 1 N N N Innodata Inc L9O7MPYIT56T6KBE0R95 Innodata, Inc 457642205 12531.00000000 NS USD 82704.60000000 0.000339729861 Long EC CORP US N 1 N N Northern Trust Corp 549300GLF98S992BC502 Northern Trust Corp 665859104 102028.00000000 NS USD 9072329.76000000 0.037266867028 Long EC CORP US N 1 N N N Shoals Technologies Group Inc N/A Shoals Technologies Group, Inc 82489W107 81772.00000000 NS USD 914210.96000000 0.003755350520 Long EC CORP US N 1 N N N Banc of California Inc 549300ZKWUJDP6LJ1X87 Banc of California, Inc 05990K106 70633.00000000 NS USD 1074327.93000000 0.004413071082 Long EC CORP US N 1 N N OFG Bancorp 549300Q4QEXJ37LEXQ06 OFG Bancorp 67103X102 33903.00000000 NS USD 1247969.43000000 0.005126347039 Long EC CORP US N 1 N N N Open Lending Corp N/A Open Lending Corp 68373J104 56898.00000000 NS USD 356181.48000000 0.001463104649 Long EC CORP US N 1 N N N American Well Corp N/A American Well Corp 03044L105 106234.00000000 NS USD 86123.90000000 0.000353775492 Long EC CORP US N 1 N N N Squarespace Inc 549300T4QP7KELU8ST60 Squarespace, Inc 85225A107 16060.00000000 NS USD 585226.40000000 0.002403964032 Long EC CORP US N 1 N N N Atlanticus Holdings Corp N/A Atlanticus Holdings Corp 04914Y102 2420.00000000 NS USD 71607.80000000 0.000294146975 Long EC CORP US N 1 N N N Insteel Industries Inc 52990026LKY4MOX3L174 Insteel Industries, Inc 45774W108 3056.00000000 NS USD 116800.32000000 0.000479786571 Long EC CORP US N 1 N N N Hess Corp UASVRYNXNK17ULIGK870 Hess Corp 42809H107 133053.00000000 NS USD 20309209.92000000 0.083425167024 Long EC CORP US N 1 N N N Entrada Therapeutics Inc N/A Entrada Therapeutics, Inc 29384C108 10600.00000000 NS USD 150202.00000000 0.000616992339 Long EC CORP US N 1 N N McKesson Corp 549300WZWOM80UCFSF54 McKesson Corp 58155Q103 62413.00000000 NS USD 33506419.05000000 0.137636009311 Long EC CORP US N 1 N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 Bristol-Myers Squibb Co 110122108 975921.00000000 NS USD 52924195.83000000 0.217399391417 Long EC CORP US N 1 N N N Xometry Inc 5493006JFRGU7YRRXE44 Xometry, Inc 98423F109 17318.00000000 NS USD 292501.02000000 0.001201521208 Long EC CORP US N 1 N N Viridian Therapeutics Inc 549300C775BNYF550E70 Viridian Therapeutics, Inc 92790C104 16873.00000000 NS USD 295446.23000000 0.001213619396 Long EC CORP US N 1 N N N Group 1 Automotive Inc 549300US8QAZJLWYAF63 Group 1 Automotive, Inc 398905109 6868.00000000 NS USD 2007035.64000000 0.008244401636 Long EC CORP US N 1 N N N Bath & Body Works Inc GR3KVMWVCR54YWQNXU90 Bath & Body Works, Inc 070830104 101629.00000000 NS USD 5083482.58000000 0.020881678065 Long EC CORP US N 1 N N N MicroVision Inc 5299001A8NIHHA9KOY43 MicroVision, Inc 594960304 86400.00000000 NS USD 158976.00000000 0.000653033742 Long EC CORP US N 1 N N ScanSource Inc 7FHBAN017QDY4K2KP156 Scansource, Inc 806037107 17777.00000000 NS USD 782899.08000000 0.003215954080 Long EC CORP US N 1 N N N MaxCyte Inc 54930053YHXULRFCU991 MaxCyte, Inc 57777K106 51230.00000000 NS USD 214653.70000000 0.000881743841 Long EC CORP US N 1 N N Olo Inc N/A Olo, Inc 68134L109 46103.00000000 NS USD 253105.47000000 0.001039694118 Long EC CORP US N 1 N N N Uranium Energy Corp 549300VD69WD2USLIP04 Uranium Energy Corp 916896103 137868.00000000 NS USD 930609.00000000 0.003822709576 Long EC CORP US N 1 N N Cargo Therapeutics Inc N/A Cargo Therapeutics, Inc 14179K101 10249.00000000 NS USD 228757.68000000 0.000939679472 Long EC CORP US N 1 N N Virtus Investment Partners Inc 549300HWF93HB8BDM648 Virtus Investment Partners, Inc 92828Q109 2751.00000000 NS USD 682192.98000000 0.002802278548 Long EC CORP US N 1 N N N Henry Schein Inc VGO3WGL8H45T73F4RR92 Henry Schein, Inc 806407102 64969.00000000 NS USD 4906458.88000000 0.020154508874 Long EC CORP US N 1 N N N Arcutis Biotherapeutics Inc N/A Arcutis Biotherapeutics, Inc 03969K108 70172.00000000 NS USD 695404.52000000 0.002856548258 Long EC CORP US N 1 N N N UDR Inc P3CH2EG5X6Z1XWU1OO74 UDR, Inc 902653104 162250.00000000 NS USD 6069772.50000000 0.024933110968 Long EC CORP US N 1 N N N Corsair Gaming Inc 549300Y7YT18L8G0H525 Corsair Gaming, Inc 22041X102 8680.00000000 NS USD 107111.20000000 0.000439986084 Long EC CORP US N 1 N N N ePlus Inc 529900FFY8AAFJ21NE91 ePlus, Inc 294268107 18556.00000000 NS USD 1457388.24000000 0.005986587258 Long EC CORP US N 1 N N N Valvoline Inc 549300CMHPBEY6VPOT75 Valvoline, Inc 92047W101 66985.00000000 NS USD 2985521.45000000 0.012263777202 Long EC CORP US N 1 N N N Valero Energy Corp 549300XTO5VR8SKV1V74 Valero Energy Corp 91913Y100 165727.00000000 NS USD 28287941.63000000 0.116199806125 Long EC CORP US N 1 N N N Brunswick Corp/DE YM4O38W15AX4YLLQKU27 Brunswick Corp 117043109 35190.00000000 NS USD 3396538.80000000 0.013952133924 Long EC CORP US N 1 N N N Primis Financial Corp 549300JNX3M2EENG1F11 Primis Financial Corp 74167B109 8140.00000000 NS USD 99063.80000000 0.000406929373 Long EC CORP US N 1 N N N Globus Medical Inc 5299003M2P4CIK0RF205 Globus Medical, Inc 379577208 57262.00000000 NS USD 3071533.68000000 0.012617093982 Long EC CORP US N 1 N N N Boot Barn Holdings Inc 529900QE1BFMYA3N4E71 Boot Barn Holdings, Inc 099406100 15681.00000000 NS USD 1492047.15000000 0.006128957413 Long EC CORP US N 1 N N N Eversource Energy SJ7XXD41SQU3ZNWUJ746 Eversource Energy 30040W108 167619.00000000 NS USD 10018587.63000000 0.041153858258 Long EC CORP US N 1 N N N Playstudios Inc N/A Playstudios, Inc 72815G108 40614.00000000 NS USD 112906.92000000 0.000463793456 Long EC CORP US N 1 N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 Union Pacific Corp 907818108 289517.00000000 NS USD 71200915.81000000 0.292475596892 Long EC CORP US N 1 N N N Delta Air Lines Inc Q2CCMS6R0AS67HJMBN42 Delta Air Lines, Inc 247361702 299318.00000000 NS USD 14328352.66000000 0.058857297677 Long EC CORP US N 1 N N N California Resources Corp 5493003Q8F0T4F4YMR48 California Resources Corp 13057Q305 30263.00000000 NS USD 1667491.30000000 0.006849638206 Long EC CORP US N 1 N N N indie Semiconductor Inc 254900L1MFXFYGB1PV53 indie Semiconductor, Inc 45569U101 51148.00000000 NS USD 362127.84000000 0.001487530812 Long EC CORP US N 1 N N iRadimed Corp 549300YVHWP0YJ1YW816 iRadimed Corp 46266A109 3653.00000000 NS USD 160695.47000000 0.000660096895 Long EC CORP US N 1 N N N Knowles Corp 5493003EO323TDZQU148 Knowles Corp 49926D109 28141.00000000 NS USD 453070.10000000 0.001861098925 Long EC CORP US N 1 N N N MVB Financial Corp 549300KSUQ2FUU1X2O74 MVB Financial Corp 553810102 5369.00000000 NS USD 119782.39000000 0.000492036171 Long EC CORP US N 1 N N N DiamondRock Hospitality Co 529900KKD4BPVBUAQ734 DiamondRock Hospitality Co 252784301 114160.00000000 NS USD 1097077.60000000 0.004506521050 Long EC CORP US N 1 N N N Maiden Holdings Ltd 5493000GQUKNWGNXRZ91 Maiden Holdings Ltd G5753U112 46136.00000000 NS USD 103806.00000000 0.000426409147 Long EC CORP US N 1 N N Greif Inc 54930070FVGKR0Z1FI24 Greif, Inc (Class A) 397624107 14075.00000000 NS USD 971878.75000000 0.003992235412 Long EC CORP US N 1 N N N Actinium Pharmaceuticals Inc 549300LCY1NZSXCQDT45 Actinium Pharmaceuticals, Inc 00507W206 12987.00000000 NS USD 101688.21000000 0.000417709794 Long EC CORP US N 1 N N Kite Realty Group Trust N/A Kite Realty Group Trust 49803T300 118460.00000000 NS USD 2568212.80000000 0.010549577390 Long EC CORP US N 1 N N N Guardant Health Inc 254900M8C3E5VC8BR186 Guardant Health, Inc 40131M109 49332.00000000 NS USD 1017719.16000000 0.004180536379 Long EC CORP US N 1 N N N Lindsay Corp 549300ZFO0QG5H8TPI61 Lindsay Corp 535555106 5950.00000000 NS USD 700077.00000000 0.002875741640 Long EC CORP US N 1 N N N Climb Global Solutions Inc 549300LKM16VX2FG7J68 Climb Global Solutions, Inc 946760105 2062.00000000 NS USD 146154.56000000 0.000600366465 Long EC CORP US N 1 N N N Shoe Carnival Inc N/A Shoe Carnival, Inc 824889109 4712.00000000 NS USD 172647.68000000 0.000709193592 Long EC CORP US N 1 N N N A O Smith Corp 549300XG4US7UJNECY36 A.O. Smith Corp 831865209 57428.00000000 NS USD 5137508.88000000 0.021103604625 Long EC CORP US N 1 N N N Big 5 Sporting Goods Corp 529900BFAM7VKQMKUC49 Big 5 Sporting Goods Corp 08915P101 11361.00000000 NS USD 39990.72000000 0.000164271899 Long EC CORP US N 1 N N Wingstop Inc 549300SSH3F8HPIM3Q47 Wingstop, Inc 974155103 13605.00000000 NS USD 4984872.00000000 0.020476610406 Long EC CORP US N 1 N N N Zurn Elkay Water Solutions Corp 549300AM3633XDFU1Q85 Zurn Elkay Water Solutions Corp 98983L108 65462.00000000 NS USD 2191013.14000000 0.009000135302 Long EC CORP US N 1 N N N AAR Corp MP76T5YQX3YK5VVAQ802 AAR Corp 000361105 11925.00000000 NS USD 713949.75000000 0.002932727436 Long EC CORP US N 1 N N N Kearny Financial Corp/MD N/A Kearny Financial Corp 48716P108 8268.00000000 NS USD 53245.92000000 0.000218720954 Long EC CORP US N 1 N N N Alaska Air Group Inc 529900G48RT4KWLC6C27 Alaska Air Group, Inc 011659109 60779.00000000 NS USD 2612889.21000000 0.010733096935 Long EC CORP US N 1 N N N Corning Inc 549300X2937PB0CJ7I56 Corning, Inc 219350105 378993.00000000 NS USD 12491609.28000000 0.051312414155 Long EC CORP US N 1 N N N Fluor Corp CQ7WZ4NOFWT7FAE6Q943 Fluor Corp 343412102 77505.00000000 NS USD 3276911.40000000 0.013460734412 Long EC CORP US N 1 N N N Regional Management Corp 549300S5O87W87JW4146 Regional Management Corp 75902K106 8577.00000000 NS USD 207649.17000000 0.000852970980 Long EC CORP US N 1 N N N Shenandoah Telecommunications Co 549300XH3H4OUKFPHS84 Shenandoah Telecom Co 82312B106 26373.00000000 NS USD 458099.01000000 0.001881756433 Long EC CORP US N 1 N N Deluxe Corp KWGNKB8TX9LE5TV29231 Deluxe Corp 248019101 22984.00000000 NS USD 473240.56000000 0.001943954142 Long EC CORP US N 1 N N N Bridgebio Pharma Inc 54930028YG89VTY2J114 Bridgebio Pharma, Inc 10806X102 58721.00000000 NS USD 1815653.32000000 0.007458250817 Long EC CORP US N 1 N N N Cullen/Frost Bankers Inc 529900V2E9G9AY665O34 Cullen/Frost Bankers, Inc 229899109 24821.00000000 NS USD 2794099.97000000 0.011477465524 Long EC CORP US N 1 N N N Ubiquiti Inc N/A Ubiquiti, Inc 90353W103 1436.00000000 NS USD 166360.60000000 0.000683367836 Long EC CORP US N 1 N N Playtika Holding Corp 254900E35Z4TKA4UFG64 Playtika Holding Corp 72815L107 42908.00000000 NS USD 302501.40000000 0.001242600274 Long EC CORP US N 1 N N N RE/MAX Holdings Inc 54930033W2KS56JHAN30 Re/Max Holdings, Inc 75524W108 13117.00000000 NS USD 115036.09000000 0.000472539555 Long EC CORP US N 1 N N Custom Truck One Source Inc N/A Custom Truck One Source, Inc 23204X103 30728.00000000 NS USD 178836.96000000 0.000734617610 Long EC CORP US N 1 N N N TrueCar Inc 549300KK16488YXWVE52 TrueCar, Inc 89785L107 44667.00000000 NS USD 151421.13000000 0.000622000221 Long EC CORP US N 1 N N N Pulmonx Corp 549300WZMFR0ZK7RJY40 Pulmonx Corp 745848101 13858.00000000 NS USD 128463.66000000 0.000527696662 Long EC CORP US N 1 N N N OmniAb Operations Inc N/A OmniAb Operations, Inc 68218J301 3255.00000000 NS USD 32.55000000 0.000000133707 Long EC CORP US N 3 N N N Voyager Therapeutics Inc 54930082S4XVR0ZWCC74 Voyager Therapeutics, Inc 92915B106 15628.00000000 NS USD 145496.68000000 0.000597664058 Long EC CORP US N 1 N N N Enfusion Inc N/A Enfusion, Inc 292812104 13046.00000000 NS USD 120675.50000000 0.000495704844 Long EC CORP US N 1 N N N Zoetis Inc 549300HD9Q1LOC9KLJ48 Zoetis, Inc 98978V103 223138.00000000 NS USD 37757180.98000000 0.155097078717 Long EC CORP US N 1 N N N Harrow Health Inc N/A Harrow Health, Inc 415858109 12872.00000000 NS USD 170296.56000000 0.000699535777 Long EC CORP US N 1 N N Parsons Corp 549300ZXH0VRBSEPX752 Parsons Corp 70202L102 20471.00000000 NS USD 1698069.45000000 0.006975245617 Long EC CORP US N 1 N N N Workday Inc 549300J0DYC0N31V7G13 Workday, Inc 98138H101 94731.00000000 NS USD 25837880.25000000 0.106135565288 Long EC CORP US N 1 N N N First Financial Bankshares Inc 549300XN3GTGOENGNV49 First Financial Bankshares, Inc 32020R109 70877.00000000 NS USD 2325474.37000000 0.009552468485 Long EC CORP US N 1 N N N SkyWest Inc 529900UYS2KGS6Z42P09 Skywest, Inc 830879102 14929.00000000 NS USD 1031295.32000000 0.004236303857 Long EC CORP US N 1 N N N DuPont de Nemours Inc 5493004JF0SDFLM8GD76 DuPont de Nemours, Inc 26614N102 205544.00000000 NS USD 15759058.48000000 0.064734280212 Long EC CORP US N 1 N N N Eastman Kodak Co 549300P7J8F3SSMY3E81 Eastman Kodak Co 277461406 24605.00000000 NS USD 121794.75000000 0.000500302444 Long EC CORP US N 1 N N N Sterling Check Corp N/A Sterling Check Corp 85917T109 12139.00000000 NS USD 195195.12000000 0.000801812850 Long EC CORP US N 1 N N Reynolds Consumer Products Inc N/A Reynolds Consumer Products, Inc 76171L106 25608.00000000 NS USD 731364.48000000 0.003004262801 Long EC CORP US N 1 N N N EPAM Systems Inc 549300XCR4R530HJP604 EPAM Systems, Inc 29414B104 27283.00000000 NS USD 7534473.28000000 0.030949736316 Long EC CORP US N 1 N N N HashiCorp Inc 549300XGOB9ZFQHMIP56 HashiCorp, Inc 418100103 46373.00000000 NS USD 1249752.35000000 0.005133670829 Long EC CORP US N 1 N N N Fulgent Genetics Inc 549300CL6P01M68QJ404 Fulgent Genetics, Inc 359664109 11072.00000000 NS USD 240262.40000000 0.000986937991 Long EC CORP US N 1 N N N Innoviva Inc 549300ACOX4QTBES6535 Innoviva, Inc 45781M101 34523.00000000 NS USD 526130.52000000 0.002161212901 Long EC CORP US N 1 N N N Sana Biotechnology Inc N/A Sana Biotechnology, Inc 799566104 46510.00000000 NS USD 465100.00000000 0.001910514753 Long EC CORP US N 1 N N CONMED Corp Z6C0YCECH9DCU5ZIQW84 Conmed Corp 207410101 15846.00000000 NS USD 1268947.68000000 0.005212520455 Long EC CORP US N 1 N N N Ventyx Biosciences Inc N/A Ventyx Biosciences, Inc 92332V107 30037.00000000 NS USD 165203.50000000 0.000678614758 Long EC CORP US N 1 N N N Sphere Entertainment Co 254900ZW4JWKYRZZ9A91 Sphere Entertainment Co 55826T102 13156.00000000 NS USD 645696.48000000 0.002652360032 Long EC CORP US N 1 N N ACNB Corp N/A ACNB Corp 000868109 4331.00000000 NS USD 162845.60000000 0.000668929093 Long EC CORP US N 1 N N Concentrix Corp 5493000EAJN1KMPVA737 Concentrix Corp 20602D101 21043.00000000 NS USD 1393467.46000000 0.005724016643 Long EC CORP US N 1 N N N Lemonade Inc 5493009BKR06OXXU6853 Lemonade, Inc 52567D107 20988.00000000 NS USD 344413.08000000 0.001414762998 Long EC CORP US N 1 N N 3M Co LUZQVYP4VS22CLWDAR65 3M Co 88579Y101 263361.00000000 NS USD 27934701.27000000 0.114748782863 Long EC CORP US N 1 N N N Tronox Holdings PLC 549300NRVC84SGJSXV06 Tronox Holdings plc G9087Q102 62538.00000000 NS USD 1085034.30000000 0.004457050178 Long EC CORP US N 1 N N N First Foundation Inc 254900TQZQ6LBCK77E82 First Foundation, Inc 32026V104 19660.00000000 NS USD 148433.00000000 0.000609725728 Long EC CORP US N 1 N N N Clearway Energy Inc 549300LHAZ9HA9G3XC48 Clearway Energy, Inc (Class C) 18539C204 20458.00000000 NS USD 471556.90000000 0.001937038087 Long EC CORP US N 1 N N N Fiserv Inc GI7UBEJLXYLGR2C7GV83 Fiserv, Inc 337738108 281562.00000000 NS USD 44999238.84000000 0.184845645448 Long EC CORP US N 1 N N N Match Group Inc 15OMOPB0A8K0EFUVD031 Match Group, Inc 57667L107 133165.00000000 NS USD 4831226.20000000 0.019845471796 Long EC CORP US N 1 N N N Guaranty Bancshares Inc/TX N/A Guaranty Bancshares, Inc 400764106 1346.00000000 NS USD 40864.56000000 0.000167861416 Long EC CORP US N 1 N N N Ennis Inc N/A Ennis, Inc 293389102 1045.00000000 NS USD 21432.95000000 0.000088041210 Long EC CORP US N 1 N N N Northrop Grumman Corp RIMU48P07456QXSO0R61 Northrop Grumman Corp 666807102 68211.00000000 NS USD 32649877.26000000 0.134117549352 Long EC CORP US N 1 N N N AMERISAFE Inc 2549002B4EXPBLGMNN22 Amerisafe, Inc 03071H100 13468.00000000 NS USD 675689.56000000 0.002775564121 Long EC CORP US N 1 N N N Black Hills Corp 3MGELCRSTNSAMJ962671 Black Hills Corp 092113109 34402.00000000 NS USD 1878349.20000000 0.007715789848 Long EC CORP US N 1 N N N PCB Bancorp 549300E5CI0LZ8Q25890 PCB Bancorp 69320M109 5966.00000000 NS USD 97424.78000000 0.000400196687 Long EC CORP US N 1 N N N Four Corners Property Trust Inc 549300SVTPZPBDVNER42 Four Corners Property Trust, Inc 35086T109 41086.00000000 NS USD 1005374.42000000 0.004129827267 Long EC CORP US N 1 N N N Howard Hughes Holdings Inc N/A Howard Hughes Holdings, Inc 44267T102 16878.00000000 NS USD 1225680.36000000 0.005034789100 Long EC CORP US N 1 N N N Veeco Instruments Inc 5493004201F72ADDZW04 Veeco Instruments, Inc 922417100 13515.00000000 NS USD 475322.55000000 0.001952506438 Long EC CORP US N 1 N N N PlayAGS Inc N/A PlayAGS, Inc 72814N104 18591.00000000 NS USD 166947.18000000 0.000685777360 Long EC CORP US N 1 N N N United Parcel Service Inc D01LMJZU09ULLNCY6Z23 United Parcel Service, Inc (Class B) 911312106 348451.00000000 NS USD 51790272.13000000 0.212741515781 Long EC CORP US N 1 N N N CNH Industrial NV 549300WGC2HZ5J67V817 CNH Industrial NV N20944109 439165.00000000 NS USD 5691578.40000000 0.023379583968 Long EC CORP US N 1 N N N 2024-03-31 COLLEGE RETIREMENT EQUITIES FUND Gina Spunder Gina Spunder Director, Fund Financial Reporting XXXX NPORT-EX 2 CREF.htm
Portfolio
of
Investments
CREF
Stock
Account
March
31,
2024
1
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.4%
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
199
TOTAL
U.S.
TREASURY
SECURITIES
199
TOTAL
GOVERNMENT
BONDS
199
(Cost
$209)
SHARES
REFERENCERATE
&
SPREAD
COMMON
STOCKS
-
99.4%
AUTOMOBILES
&
COMPONENTS
-
1.9%
13,843
AB
Dynamics
plc
294
57,198
Actron
Technology
Corp
319
116,300
(a)
Adient
plc
3,829
37,000
AIMA
Technology
Group
Co
Ltd
159
224,711
Aisin
Seiki
Co
Ltd
9,182
123,400
(a)
Anhui
Jianghuai
Automobile
Group
Corp
Ltd
288
245,601
Apollo
Tyres
Ltd
1,379
241,963
(a)
Aptiv
plc
19,272
62,982
(b)
ARB
Corp
Ltd
1,697
59,946
Asahi
India
Glass
Ltd
386
627,519
(a),(c)
Aston
Martin
Lagonda
Global
Holdings
plc
1,342
477,400
Astra
Otoparts
Tbk
PT
67
712,831
(a)
Atmus
Filtration
Technologies,
Inc
22,989
82,918
Autoliv,
Inc
9,986
383
Autoliv,
Inc
46
2,830
(a),(b)
Autoneum
Holding
AG.
507
388,000
(a)
BAIC
BluePark
New
Energy
Technology
Co
Ltd
407
60,121
Bajaj
Auto
Ltd
6,614
64,946
Balkrishna
Industries
Ltd
1,808
11,995
Banco
Products
India
Ltd
86
368,090
Bayerische
Motoren
Werke
AG.
42,470
55,874
Bayerische
Motoren
Werke
AG.
(Preference)
5,995
353,000
(a)
Beiqi
Foton
Motor
Co
Ltd
133
16,200
Bethel
Automotive
Safety
Systems
Co
Ltd
123
218,841
Bharat
Forge
Ltd
2,971
572,589
BorgWarner,
Inc
19,892
4,767
Bosch
Fren
Sistemleri
Sanayi
ve
Ticaret
AS.
153
657,456
Brembo
S.p.A
8,413
476,700
Bridgestone
Corp
21,127
2,760,000
Brilliance
China
Automotive
Holdings
Ltd
1,905
2,032,833
BYD
Co
Ltd
58,665
902,362
BYD
Co
Ltd
(H
shares)
23,105
16,678
Ceat
Ltd
538
9,339
Changzhou
Xingyu
Automotive
Lighting
Systems
Co
Ltd
183
CREF
Stock
Account
March
31,
2024
2
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,684,885
Cheng
Shin
Rubber
Industry
Co
Ltd
$
2,615
206,000
China
Motor
Corp
837
91,208
Chongqing
Changan
Automobile
Co
Ltd
217
103,508
CIE
Automotive
India
Ltd
574
31,486
CIE
Automotive
S.A.
903
1,670,227
(b)
Cie
Generale
des
Etablissements
Michelin
S.C.A
64,009
183,335
Cie
Plastic
Omnium
SA
2,387
619,975
(a)
Cofide
S.p.A.
358
538,967
Continental
AG.
38,905
49,138
Cub
Elecparts,
Inc
180
734,334
Daimler
AG.
(Registered)
58,480
968,878
Dana
Inc
12,305
1,573,800
Denso
Corp
30,141
70,000
Depo
Auto
Parts
Ind
Co
Ltd
499
2,906
DN
Automotive
Corp
180
255,442
(b),(c)
Dometic
Group
AB
2,064
2,608,517
Dongfeng
Motor
Group
Co
Ltd
1,091
17,715,815
Dowlais
Group
plc
17,450
330,091
Dr
ING
hc
F
Porsche
AG.
32,830
948,700
DRB-Hicom
Bhd
293
10,100
Eagle
Industry
Co
Ltd
122
1,054
EGE
Endustri
VE
Ticaret
AS.
486
117,690
Eicher
Motors
Ltd
5,685
20,895
ElringKlinger
AG.
137
26,260
(c)
Endurance
Technologies
Ltd
575
24,582
Exedy
Corp
493
339,086
Exide
Industries
Ltd
1,243
127,239
Faurecia
1,928
163,600
FCC
Co
Ltd
2,382
143,554
Ferrari
NV
62,595
2,752,661
Ford
Motor
Co
36,555
56,368
Ford
Otomotiv
Sanayi
AS
2,014
50,200
Fras-Le
S.A.
179
504,100
Fuji
Heavy
Industries
Ltd
11,417
85,863
Fuyao
Glass
Industry
Group
Co
Ltd
-
A
510
563,762
(c)
Fuyao
Glass
Industry
Group
Co
Ltd
-
H
2,840
42,567
Gabriel
India
Ltd
170
5,322,302
Geely
Automobile
Holdings
Ltd
6,299
1,753,598
General
Motors
Co
79,526
46,642
Gentex
Corp
1,685
23,670
(a)
Gentherm,
Inc
1,363
510,051
(c)
Gestamp
Automocion
S.A.
1,638
36,000
Global
PMX
Co
Ltd
120
2,058,246
(b)
Great
Wall
Motor
Co
Ltd
2,293
121,759
Great
Wall
Motor
Co
Ltd
385
175,400
G-Tekt
Corp
2,455
237,400
Guangzhou
Automobile
Group
Co
Ltd
293
3,335,042
Guangzhou
Automobile
Group
Co
Ltd
-
H
1,369
112,135
GUD
Holdings
Ltd
862
63,397
Hankook
Tire
&
Technology
Co
Ltd
2,547
20,592
Hankook
Tire
Worldwide
Co
Ltd
247
150,559
Hanon
Systems
669
94,576
Harley-Davidson,
Inc
4,137
104,730
Hero
Honda
Motors
Ltd
5,946
26,967
HL
Mando
Co
Ltd
683
3,858,450
Honda
Motor
Co
Ltd
47,743
140,000
Hota
Industrial
Manufacturing
Co
Ltd
224
56,000
Hu
Lane
Associate,
Inc
290
148,915
Huayu
Automotive
Systems
Co
Ltd
339
586,000
(b)
Huazhong
In-Vehicle
Holdings
Co
Ltd
172
25,176
Huizhou
Desay
Sv
Automotive
Co
Ltd
439
51,925
Hyundai
Mobis
10,081
3
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
118,261
Hyundai
Motor
Co
$
20,810
31,645
Hyundai
Motor
Co
Ltd
(2nd
Preference)
3,688
177,657
Hyundai
Motor
Co
Ltd
(Preference)
20,873
13,070
(a)
Hyundai
Wia
Corp
553
10,776
(a)
Iljin
Hysolus
Co
ltd
201
487,900
Isuzu
Motors
Ltd
6,595
19,420
JBM
Auto
Ltd
422
67,689
JK
Tyre
&
Industries
Ltd
352
368,842
Johnson
Electric
Holdings
Ltd
511
167,200
JTEKT
Corp
1,581
14,596
Kayaba
Industry
Co
Ltd
495
501,904
Kenda
Rubber
Industrial
Co
Ltd
504
225,141
Kia
Motors
Corp
18,711
3,454
Knaus
Tabbert
AG.
166
168,400
Koito
Manufacturing
Co
Ltd
2,270
34,840
Kordsa
Teknik
Tekstil
AS.
93
96,921
(a)
Kumho
Tire
Co,
Inc
430
11,688
Lear
Corp
1,693
987,600
(a)
Li
Auto,
Inc
14,996
417,142
(a),(b)
Li
Auto,
Inc
(ADR)
12,631
32,520
Linamar
Corp
1,729
563,669
(a),(b)
Lucid
Group,
Inc
1,606
233,577
(b)
Magna
International,
Inc
12,724
9,921
Maharashtra
Scooters
Ltd
854
4,469,024
Mahindra
&
Mahindra
Ltd
103,241
52,556
Martinrea
International,
Inc
472
121,739
Maruti
Suzuki
India
Ltd
18,429
478,673
Mazda
Motor
Corp
5,548
81,462
Minda
Corp
Ltd
409
528,000
Minth
Group
Ltd
835
542,700
(b)
Mitsubishi
Motors
Corp
1,785
240,884
(a),(b)
Mobileye
Global,
Inc
7,744
253,715
(a)
Modine
Manufacturing
Co
24,151
1,506,024
Motherson
Sumi
Wiring
India
Ltd
1,198
2,074
MRF
Ltd
3,320
34,038
Musashi
Seimitsu
Industry
Co
Ltd
380
25,834
Myoung
Shin
Industrial
Co
Ltd
300
293,000
(a)
Nan
Kang
Rubber
Tire
Co
Ltd
369
2,271,598
(a),(b),(c)
Nemak
SAB
de
C.V.
449
18,798
Nexen
Tire
Corp
116
590,000
(b)
Nexteer
Automotive
Group
Ltd
278
124,100
(b)
NGK
Spark
Plug
Co
Ltd
4,120
150,115
NHK
Spring
Co
Ltd
1,491
59,612
Nifco,
Inc
1,500
42,811
Ningbo
Joyson
Electronic
Corp
100
49,778
Ningbo
Tuopu
Group
Co
Ltd
441
1,163,672
(a)
NIO,
Inc
(ADR)
5,237
77,053
Nippon
Seiki
Co
Ltd
780
2,006,500
(b)
Nissan
Motor
Co
Ltd
7,951
42,010
Nissan
Shatai
Co
Ltd
289
64,188
NOK
Corp
882
94,590
(b)
Nokian
Renkaat
Oyj
891
224,300
Pacific
Industrial
Co
Ltd
2,490
9,286
Phinia,
Inc
357
133,362
Piaggio
&
C
S.p.A.
422
131,194
Piolax,
Inc
2,300
232,374
(c)
Pirelli
&
C
S.p.A
1,423
701,313
Porsche
AG.
37,151
20,816
(a)
Pricol
Ltd
97
1,339,100
PT
Selamat
Sempurna
Tbk
166
56,076
PWR
Holdings
Ltd
422
58,650
(a),(b)
QuantumScape
Corp
369
CREF
Stock
Account
March
31,
2024
4
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
335,002
Renault
S.A.
$
16,904
507,458
(a),(b)
Rivian
Automotive,
Inc
5,557
36,708
SAF-Holland
SE
748
433,823
SAIC
Motor
Corp
Ltd
898
161,700
Sailun
Group
Co
Ltd
326
2,042,518
Samvardhana
Motherson
International
Ltd
2,881
24,460
(c)
Sansera
Engineering
Ltd
300
428,000
Sanyang
Motor
Co
Ltd
1,025
395,962
Schaeffler
AG.
2,671
4,049
Sebang
Global
Battery
Co
Ltd
237
33,593
(b)
Seiren
Co
Ltd
611
8,639
Seoyon
E-Hwa
Co
Ltd
120
78,700
(a)
Seres
Group
Co
Ltd
989
47,805
Shandong
Linglong
Tyre
Co
Ltd
138
11,400
Shenzhen
Kedali
Industry
Co
Ltd
128
37,400
Shoei
Co
Ltd
565
12,221
SL
Corp
289
5,914
SNT
Motiv
Co
Ltd
198
344,257
(c)
Sona
Blw
Precision
Forgings
Ltd
2,921
7,547,400
Sri
Trang
Agro-Industry
PCL
4,038
37,999
(a)
Ssangyong
Motor
Co
187
103,000
Stanley
Electric
Co
Ltd
1,823
1,705,819
Stellantis
NV
48,461
83,843
(a)
Stoneridge,
Inc
1,546
597,900
Sumitomo
Electric
Industries
Ltd
9,265
134,600
Sumitomo
Rubber
Industries,
Inc
1,659
4,973
(a)
Sundaram-Clayton
Ltd
489
89,899
Sundram
Fasteners
Ltd
1,181
38,861
Sungwoo
Hitech
Co
Ltd
273
67,753
Suprajit
Engineering
Ltd
335
1,309,200
Suzuki
Motor
Corp
14,947
1,443,914
Tata
Motors
Ltd
17,238
2,814,889
(a)
Tesla,
Inc
494,829
38,142
Thor
Industries,
Inc
4,476
227,287
(c)
TI
Fluid
Systems
plc
414
548,000
(b)
Tianneng
Power
International
Ltd
514
104,660
(a)
Tofas
Turk
Otomobil
Fabrik
882
40,147
Tokai
Rika
Co
Ltd
689
19,517
Tokai
Rubber
Industries,
Inc
173
296,000
Tong
Yang
Industry
Co
Ltd
1,156
26,068
Topre
Corp
443
91,725
Toyo
Tire
&
Rubber
Co
Ltd
1,733
302,600
Toyoda
Gosei
Co
Ltd
6,674
249,895
Toyota
Boshoku
Corp
4,258
18,454,998
(a)
Toyota
Motor
Corp
466,449
9,751
Trigano
S.A.
1,715
70,400
TS
Tech
Co
Ltd
895
90,657
Tube
Investments
of
India
Ltd
4,071
53,000
Tung
Thih
Electronic
Co
Ltd
200
202,328
TVS
Motor
Co
Ltd
5,237
141,104
UNO
Minda
Ltd
1,162
1,082,898
Valeo
13,539
44,391
(a),(c)
Varroc
Engineering
Ltd
269
146,420
(a)
Visteon
Corp
17,220
6,436
(a)
Vitesco
Technologies
Group
AG.
447
94,377
Volkswagen
AG.
(Preference)
12,517
740,769
(a),(b)
Volvo
Car
AB
2,805
990,700
(a),(b)
XPeng,
Inc
3,925
1,095,031
(c)
Yadea
Group
Holdings
Ltd
1,777
747,700
Yamaha
Motor
Co
Ltd
6,887
95,900
Yokohama
Rubber
Co
Ltd
2,587
480,480
Yulon
Motor
Co
Ltd
1,024
5
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
4,144
ZF
Commercial
Vehicle
Control
Systems
India
Ltd
$
754
436,200
(a),(b),(c)
Zhejiang
Leapmotor
Technologies
Ltd
1,466
TOTAL
AUTOMOBILES
&
COMPONENTS
2,396,310
BANKS
-
6.6%
42,003
77
Bank
Ltd
1,120
526,266
(c)
ABN
AMRO
Bank
NV
9,006
354,171
Absa
Group
Ltd
2,765
1,222,092
Abu
Dhabi
Commercial
Bank
PJSC
2,795
602,769
Abu
Dhabi
Islamic
Bank
PJSC
1,792
671,461
(a)
AFFIN
Holdings
Bhd
349
46,410,383
Agricultural
Bank
of
China
Ltd
19,590
2,367,562
Agricultural
Bank
of
China
Ltd
(Class
A)
1,367
14,736,922
AIB
Group
plc
74,811
31,600
Aichi
Financial
Group,
Inc
552
1,085,917
(a)
Ajman
Bank
PJSC
550
8,472,145
Akbank
TAS
12,259
830,849
Al
Ahli
Bank
of
Kuwait
KSCP
686
5,075,919
Al
Rajhi
Bank
112,526
2,427,453
Alinma
Bank
28,361
66,829
(a)
Alior
Bank
S.A.
1,636
700,800
Alliance
Financial
Group
BHD
545
913,733
(a)
Alpha
Services
and
Holdings
S.A.
1,605
315,270
(a),(d)
Amagerbanken
AS
0
^
81,510
Amalgamated
Financial
Corp
1,956
412,770
Ameris
Bancorp
19,970
970,834
AMMB
Holdings
BHD
855
101,000
(b)
Aozora
Bank
Ltd
1,636
271,615
Arab
National
Bank
2,141
72,873
(c)
AU
Small
Finance
Bank
Ltd
496
4,480,959
Australia
&
New
Zealand
Banking
Group
Ltd
85,883
21,444
Awa
Bank
Ltd
394
5,092,964
Axis
Bank
Ltd
64,189
382,890
(a),(b)
Axos
Financial,
Inc
20,691
641,501
(a)
Banca
Monte
dei
Paschi
di
Siena
S.p.A
2,909
295,853
Banca
Popolare
di
Sondrio
SPA
2,214
11,900
Bancfirst
Corp
1,048
66,700
Banco
ABC
Brasil
S.A.
322
2,214
(a)
Banco
ABC
Brasil
S.A.
11
14,680,333
(b)
Banco
Bilbao
Vizcaya
Argentaria
S.A.
174,821
1,166,894
Banco
BPM
S.p.A.
7,764
635,756
Banco
Bradesco
S.A.
1,615
8,334,354
Banco
Bradesco
S.A.
(Preference)
23,697
48,199,675
(a)
Banco
Comercial
Portugues
S.A.
16,260
18,352,151
Banco
de
Chile
2,041
28,807
(a)
Banco
de
Credito
e
Inversiones
824
4,265,982
Banco
de
Sabadell
S.A.
6,711
1,720,871
(c)
Banco
del
Bajio
S.A.
6,693
354,101
Banco
do
Brasil
S.A.
3,998
156,600
Banco
do
Estado
do
Rio
Grande
do
Sul
417
54,048
Banco
Itau
Chile
S.A.
558
211,900
Banco
Pan
S.A.
402
139,210
Banco
Santander
Brasil
S.A.
792
26,770,189
Banco
Santander
Chile
S.A.
1,333
6,820,349
Banco
Santander
S.A.
33,314
106,901
BanColombia
S.A.
948
201,940
BanColombia
S.A.
(Preference)
1,717
299,713
(a)
Bancorp,
Inc
10,028
320,348
(c)
Bandhan
Bank
Ltd
694
5,584,900
(a)
Bank
Aladin
Syariah
Tbk
PT
379
198,641
Bank
AlBilad
2,574
148,834
(a)
Bank
Al-Jazira
794
CREF
Stock
Account
March
31,
2024
6
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,959,600
Bank
BTPN
Syariah
Tbk
PT
$
168
29,657,386
(a)
Bank
Bukopin
Tbk
PT
142
46,509,370
Bank
Central
Asia
Tbk
PT
29,577
118,652
Bank
Hapoalim
Ltd
1,112
561,100
Bank
Islam
Malaysia
Bhd
305
3,105,800
(a)
Bank
Jago
Tbk
PT
523
148,676
Bank
Leumi
Le-Israel
1,236
460,828
(a)
Bank
Millennium
S.A.
1,189
44,685,406
Bank
Negara
Indonesia
Persero
Tbk
PT
16,635
9,644,230
Bank
of
America
Corp
365,709
440,811
Bank
of
Baroda
1,400
633,262
Bank
of
Beijing
Co
Ltd
495
230,000
Bank
of
Changsha
Co
Ltd
246
90,620
Bank
of
Chengdu
Co
Ltd
170
1,074,844
Bank
of
China
Ltd
-
A
652
69,344,912
Bank
of
China
Ltd
-
H
28,432
1,096,812
Bank
of
Communications
Co
Ltd
-
A
949
4,071,319
Bank
of
Communications
Co
Ltd
-
H
2,677
898,000
Bank
of
East
Asia
Ltd
1,070
103,736
Bank
of
Georgia
Group
plc
6,612
112,795
Bank
of
Hangzhou
Co
Ltd
173
2,591,883
Bank
of
Ireland
Group
plc
26,450
477,518
Bank
of
Jiangsu
Co
Ltd
518
582,466
(a)
Bank
of
Kaohsiung
Co
Ltd
217
1,080,443
Bank
of
Montreal
105,488
5,100
Bank
of
Nagoya
Ltd
218
214,914
Bank
of
Nanjing
Co
Ltd
269
156,174
Bank
of
Ningbo
Co
Ltd
450
1,125,310
(b)
Bank
of
Nova
Scotia
58,212
808,313
Bank
of
NT
Butterfield
&
Son
Ltd
25,858
533,595
(b)
Bank
of
Queensland
Ltd
2,198
283,299
Bank
of
Shanghai
Co
Ltd
263
206,200
Bank
of
Suzhou
Co
Ltd
203
786,908
Bank
of
the
Philippine
Islands
1,653
130,800
Bank
OZK
5,946
73,975
Bank
Pekao
S.A.
3,362
2,724,511
Bank
Pembangunan
Daerah
Jawa
Barat
Dan
Banten
Tbk
PT
208
7,304,400
Bank
Pembangunan
Daerah
Jawa
Timur
Tbk
PT
276
300,526,668
Bank
Rakyat
Indonesia
114,914
4,944,462
Bank
Tabungan
Negara
Persero
Tbk
PT
485
14,602
Bank
Zachodni
WBK
S.A.
2,079
543,700
(b)
Bankinter
S.A.
3,984
146,100
BankUnited,
Inc
4,091
308,958
Banner
Corp
14,830
29,575
(b)
Banque
Cantonale
Vaudoise
3,441
237,678
Banque
Saudi
Fransi
2,470
21,571,785
Barclays
plc
49,996
362,070
(c)
BAWAG
Group
AG.
22,916
9,162,349
BDO
Unibank,
Inc
25,182
442,551
Bendigo
Bank
Ltd
2,956
84,065
Berkshire
Hills
Bancorp,
Inc
1,927
215,950
BNK
Financial
Group,
Inc
1,279
1,093,458
BNP
Paribas
S.A.
77,849
3,353,125
BOC
Hong
Kong
Holdings
Ltd
8,991
552,835
Boubyan
Bank
KSCP
1,114
806,578
BPER
Banca
3,814
5,836
(a)
BRE
Bank
S.A.
1,080
676,031
Brookline
Bancorp,
Inc
6,733
2,679,599
Bumiputra-Commerce
Holdings
BHD
3,712
568,691
Burgan
Bank
SAK
383
205,825
Byline
Bancorp,
Inc
4,471
9,909,379
(b)
CaixaBank
S.A.
48,086
7
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
860,571
(b)
Canadian
Imperial
Bank
of
Commerce
$
43,627
77,985
(b)
Canadian
Western
Bank
1,624
247,415
Capitec
Bank
Holdings
Ltd
27,364
2,023,080
(b)
Capitol
Federal
Financial,
Inc
12,058
60,748
Cathay
General
Bancorp
2,298
98,471
(b)
Central
Pacific
Financial
Corp
1,945
2,000,811
Chang
Hwa
Commercial
Bank
1,135
1,577,300
Chiba
Bank
Ltd
13,125
25,448,490
China
Citic
Bank
13,574
455,407
China
Construction
Bank
Corp
-
A
430
82,526,546
China
Construction
Bank
Corp
-
H
49,803
1,339,504
China
Everbright
Bank
Co
Ltd
-
A
578
2,124,845
China
Everbright
Bank
Co
Ltd
-
H
611
8,073,481
China
Merchants
Bank
Co
Ltd
31,999
8,773,870
China
Merchants
Bank
Co
Ltd
(Class
A)
39,135
992,848
China
Minsheng
Banking
Corp
Ltd
-
A
558
3,195,491
(b)
China
Minsheng
Banking
Corp
Ltd
-
H
1,107
670,537
China
Zheshang
Bank
Co
Ltd
273
27,856,388
Chinatrust
Financial
Holding
Co
28,195
877,000
Chongqing
Rural
Commercial
Bank
Co
Ltd
564
116,600
Chugin
Financial
Group,
Inc
994
4,083,894
Citigroup,
Inc
258,265
278,078
City
Union
Bank
Ltd
452
122,947
Close
Brothers
Group
plc
649
40,731
(a)
Collector
Bank
AB
178
155,670
Columbia
Banking
System,
Inc
3,012
38,131
Comerica,
Inc
2,097
44,890
Commerce
Bancshares,
Inc
2,388
1,355,557
(a)
Commercial
Bank
PSQC
1,837
1,065,874
Commercial
International
Bank
1,799
3,759,050
Commerzbank
AG.
51,665
2,184,277
Commonwealth
Bank
of
Australia
171,333
291,492
Community
Bank
System,
Inc
14,000
16,680
(b)
Community
Trust
Bancorp,
Inc
711
1,831,600
Concordia
Financial
Group
Ltd
9,206
42,370
ConnectOne
Bancorp,
Inc
826
77,545
Credicorp
Ltd
13,138
36,336
Credit
Agricole
S.A.
542
66,555
Credito
Emiliano
S.p.A.
666
74,590
(a)
CrossFirst
Bankshares,
Inc
1,032
92,560
(a)
Customers
Bancorp,
Inc
4,911
161,000
CVB
Financial
Corp
2,872
5,646,074
(a),(d)
Cyprus
Popular
Bank
PCL
61
299,627
Dah
Sing
Banking
Group
Ltd
213
135,508
Dah
Sing
Financial
Holdings
Ltd
311
28,586
(b)
Daishi
Hokuetsu
Financial
Group,
Inc
841
1,815,814
Danske
Bank
AS
54,504
1,635,965
DBS
Group
Holdings
Ltd
43,660
80,886
DCB
Bank
Ltd
116
125,006
DGB
Financial
Group,
Inc
808
30,135
DNB
Bank
ASA
599
1,870,201
Doha
Bank
QPSC
766
1,193,887
Dubai
Islamic
Bank
PJSC
1,899
1,618,867
Dukhan
Bank
1,716
5,796,345
E.Sun
Financial
Holding
Co
Ltd
4,915
332,690
Eagle
Bancorp,
Inc
7,815
169,509
East
West
Bancorp,
Inc
13,410
794,637
Emirates
NBD
Bank
PJSC
3,744
84,565
Enterprise
Financial
Services
Corp
3,430
23,210
(a),(b)
Equitable
Group,
Inc
1,456
439,174
(c)
Equitas
Small
Finance
Bank
Ltd
489
949,471
Erste
Bank
der
Oesterreichischen
Sparkassen
AG.
42,316
CREF
Stock
Account
March
31,
2024
8
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,034,549
(a)
Eurobank
Ergasias
Services
and
Holdings
S.A.
$
1,989
1,688,578
Far
Eastern
International
Bank
752
1,358,568
Federal
Bank
Ltd
2,453
13,451
FIBI
Holdings
Ltd
600
4,289,295
Fifth
Third
Bancorp
159,605
12,170
(b)
Financial
Institutions,
Inc
229
782,803
FinecoBank
Banca
Fineco
S.p.A
11,724
1,842,883
First
Abu
Dhabi
Bank
PJSC
6,725
172,310
First
BanCorp
3,022
57,259
First
Citizens
Bancshares,
Inc
(Class
A)
93,618
84,700
First
Commonwealth
Financial
Corp
1,179
69,110
First
Financial
Bancorp
1,549
533,321
First
Financial
Bankshares,
Inc
17,498
56,110
(b)
First
Financial
Corp
2,151
4,420,331
First
Financial
Holding
Co
Ltd
3,811
195,470
First
Hawaiian,
Inc
4,293
388,776
First
Horizon
National
Corp
5,987
177,159
First
International
Bank
Of
Israel
Ltd
7,372
5,200
(a),(d)
FS
Finans
A.S.
0
^
140,900
(b)
Fukuoka
Financial
Group,
Inc
3,761
13,970
German
American
Bancorp,
Inc
484
6,063,385
Grupo
Financiero
Banorte
S.A.
de
C.V.
64,402
750,877
(a),(b)
Grupo
Financiero
Inbursa
S.A.
2,320
1,205,431
Grupo
Security
S.A.
333
820,287
Gulf
Bank
KSCP
784
277,800
Gunma
Bank
Ltd
1,577
299,100
Hachijuni
Bank
Ltd
2,019
441,127
Haci
Omer
Sabanci
Holding
AS
1,132
122,054
Hana
Financial
Group,
Inc
5,343
34,800
Hancock
Whitney
Corp
1,602
692,935
Hang
Seng
Bank
Ltd
7,596
111,840
(b)
Hanmi
Financial
Corp
1,781
6,280,017
HDFC
Bank
Ltd
109,508
717,510
HDFC
Bank
Ltd
(ADR)
40,159
89,240
Hilltop
Holdings,
Inc
2,795
204,302
Hirogin
Holdings,
Inc
1,466
14,700
Hokkoku
Financial
Holdings,
Inc
484
95,760
Hokuhoku
Financial
Group,
Inc
1,213
718,468
Home
Bancshares,
Inc
17,653
220,312
Hong
Leong
Bank
BHD
901
103,060
Hope
Bancorp,
Inc
1,186
9,378,274
HSBC
Holdings
plc
73,308
3,447,510
Hua
Nan
Financial
Holdings
Co
Ltd
2,466
407,286
Huaxia
Bank
Co
Ltd
365
587,234
Huntington
Bancshares,
Inc
8,192
147,374
Hyakugo
Bank
Ltd
624
3,407,119
ICICI
Bank
Ltd
44,918
2,905,280
(a)
IDFC
First
Bank
Ltd
2,636
86,760
Independent
Bank
Corp
2,199
248,445
IndusInd
Bank
Ltd
4,645
1,734,739
Industrial
&
Commercial
Bank
of
China
Ltd
-
A
1,261
56,212,914
Industrial
&
Commercial
Bank
of
China
Ltd
-
H
28,255
514,105
Industrial
Bank
Co
Ltd
1,157
105,172
Industrial
Bank
of
Korea
1,091
22,511,339
ING
Groep
NV
370,610
24,009
(b)
Intercorp
Financial
Services,
Inc
572
81,960
International
Bancshares
Corp
4,601
5,860,104
Intesa
Sanpaolo
S.p.A.
21,275
2,174,223
Investimentos
Itau
S.A.
-
PR
4,552
3,432,096
iShares
Core
MSCI
EAFE
ETF
254,730
1,972,774
iShares
Core
MSCI
Emerging
Markets
ETF
101,795
125,414
Israel
Discount
Bank
Ltd
649
9
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
16,834,402
Itau
Unibanco
Holding
S.A.
$
116,271
204,054
Iyogin
Holdings,
Inc
1,579
185,245
Jammu
&
Kashmir
Bank
Ltd
299
1,237,300
Japan
Post
Bank
Co
Ltd
13,295
81,668
JB
Financial
Group
Co
Ltd
792
5,069,542
JPMorgan
Chase
&
Co
1,015,429
506,854
(a)
Judo
Capital
Holdings
Ltd
439
25,740
Juroku
Financial
Group,
Inc
800
38,744
Jyske
Bank
3,282
70,391
KakaoBank
Corp
1,470
96,536
Karnataka
Bank
Ltd
262
332,749
Karur
Vysya
Bank
Ltd
731
5,708,000
Kasikornbank
PCL
19,406
239,000
Kasikornbank
PCL
(Foreign)
812
1,149,022
KB
Financial
Group,
Inc
60,045
27,220
KBC
Ancora
1,326
828,754
KBC
Groep
NV
62,133
65,248
Keiyo
Bank
Ltd
326
181,000
Kiatnakin
Phatra
Bank
PCL
258
572,000
King's
Town
Bank
Co
Ltd
922
43,819
Kiyo
Bank
Ltd
539
28,989
Komercni
Banka
AS
1,038
459,201
Kotak
Mahindra
Bank
Ltd
9,865
3,052,896
Krung
Thai
Bank
PCL
1,407
3,591,681
Kuwait
Finance
House
KSCP
9,340
773,031
Kuwait
International
Bank
KSCP
427
1,653,792
Kuwait
Projects
Co
Holding
KSCP
656
193,200
Kyoto
Financial
Group,
Inc
3,487
269,100
Kyushu
Financial
Group,
Inc
1,987
14,470
(b)
Lakeland
Bancorp,
Inc
175
10,900
Lakeland
Financial
Corp
723
34,846
(b)
Laurentian
Bank
of
Canada
721
292,831
Live
Oak
Bancshares,
Inc
12,155
4,076,479
Lloyds
TSB
Group
plc
2,666
478,696
M&T
Bank
Corp
69,622
2,260,830
Malayan
Banking
BHD
4,611
1,784,600
(a)
Malaysia
Building
Society
Bhd
300
2,327,109
Masraf
Al
Rayan
QSC
1,517
804,800
Mebuki
Financial
Group,
Inc
2,644
1,619,158
Mediobanca
S.p.A.
24,128
10,007,392
Mega
Financial
Holding
Co
Ltd
12,584
734,914
Metropolitan
Bank
&
Trust
854
20,650
Mid
Penn
Bancorp,
Inc
413
17,529,726
Mitsubishi
UFJ
Financial
Group,
Inc
178,349
15,308
Mizrahi
Tefahot
Bank
Ltd
574
2,180,624
Mizuho
Financial
Group,
Inc
43,123
138,602
(c)
Moneta
Money
Bank
AS
602
19,768
Musashino
Bank
Ltd
383
21,849
Nanto
Bank
Ltd
442
2,824,712
National
Australia
Bank
Ltd
63,957
164,665
National
Bank
Holdings
Corp
5,939
313,590
(b)
National
Bank
of
Canada
26,406
1,281,317
(a)
National
Bank
of
Greece
S.A.
10,030
3,180,367
National
Bank
of
Kuwait
SAKP
9,923
3,468,294
NatWest
Group
plc
11,617
182,659
Nedbank
Group
Ltd
2,204
99,064
Nishi-Nippon
Financial
Holdings,
Inc
1,239
588,328
(b)
Nordea
Bank
Abp
6,557
11,722,382
Nordea
Bank
Abp
132,518
212,597
North
Pacific
Bank
Ltd
620
82,500
Northwest
Bancshares,
Inc
961
5,371,628
(a)
NU
Holdings
Ltd
64,084
CREF
Stock
Account
March
31,
2024
10
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,135,000
O-Bank
Co
Ltd
$
352
452,357
(b)
OceanFirst
Financial
Corp
7,423
475,094
(b)
OFG
Bancorp
17,488
23,107
Ogaki
Kyoritsu
Bank
Ltd
334
18,000
Okinawa
Financial
Group,
Inc
310
86,917
OTP
Bank
Rt
4,000
4,541,846
Oversea-Chinese
Banking
Corp
45,382
156,100
Pacific
Premier
Bancorp,
Inc
3,746
177,040
Pathward
Financial,
Inc
8,937
18,860
Peoples
Bancorp,
Inc
558
466,584
Ping
An
Bank
Co
Ltd
678
899,800
(a)
Piraeus
Financial
Holdings
S.A.
3,759
376,423
PNC
Financial
Services
Group,
Inc
60,830
27,977
Popular,
Inc
2,465
725,837
Postal
Savings
Bank
of
China
Co
Ltd
-
A
478
3,498,972
(c)
Postal
Savings
Bank
of
China
Co
Ltd
-
H
1,832
362,864
Powszechna
Kasa
Oszczednosci
Bank
Polski
S.A.
5,384
181,107
Preferred
Bank
13,904
138,030
Premier
Financial
Corp
2,802
29,250
Primis
Financial
Corp
356
87,092
Prosperity
Bancshares,
Inc
5,729
15,650,470
PT
Bank
Mandiri
Persero
Tbk
7,121
5,969,880
Public
Bank
Bhd
5,312
1,953,438
Punjab
National
Bank
2,928
374,340
(a)
Qatar
International
Islamic
Bank
QSC
1,124
727,542
Qatar
Islamic
Bank
SAQ
3,798
1,919,469
Qatar
National
Bank
QPSC
7,486
101,852
QCR
Holdings,
Inc
6,187
103,599
Raiffeisen
International
Bank
Holding
AG.
2,062
71,600
(a)
Rakuten
Bank
Ltd
1,429
340,977
(c)
RBL
Bank
Ltd
985
195,600
(b)
Regional
SAB
de
C.V.
1,933
50,140
Renasant
Corp
1,570
3,070,300
Resona
Holdings,
Inc
18,927
566,369
RHB
Capital
BHD
675
22,026
Ringkjoebing
Landbobank
A.S.
3,862
609,528
Riyad
Bank
4,845
1,309,609
Royal
Bank
of
Canada
132,087
115,164
San-In
Godo
Bank
Ltd
904
416,928
Saudi
Awwal
Bank
4,613
177,483
Saudi
Investment
Bank
784
2,523,939
Saudi
National
Bank
27,471
43,900
(b)
SBI
Sumishin
Net
Bank
Ltd
639
739,361
SCB
X
PCL
2,311
270,120
Security
Bank
Corp
330
122,200
Senshu
Ikeda
Holdings,
Inc
317
512,700
(b)
Seven
Bank
Ltd
994
1,606,331
Shanghai
Commercial
&
Savings
Bank
Ltd
2,421
690,034
Shanghai
Pudong
Development
Bank
Co
Ltd
685
575,300
Shanghai
Rural
Commercial
Bank
Co
Ltd
526
1,062,496
Sharjah
Islamic
Bank
645
27,200
Shiga
Bank
Ltd
752
377,672
Shinhan
Financial
Group
Co
Ltd
13,322
422,100
Shizuoka
Financial
Group,
Inc
4,017
40,520
Simmons
First
National
Corp
(Class
A)
789
4,199,877
SinoPac
Financial
Holdings
Co
Ltd
2,821
4,650,567
(b)
Skandinaviska
Enskilda
Banken
AB
(Class
A)
63,004
1,177,503
Societe
Generale
31,549
855,824
South
Indian
Bank
Ltd
281
232,184
SouthState
Corp
19,743
162,101
Spar
Nord
Bank
A.S.
2,706
29,425
Sparebank
Oestlandet
337
11
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
204,596
SpareBank
SR-Bank
ASA
$
2,573
108,061
Sparebanken
Midt-Norge
1,376
154,114
Sparebanken
Nord-Norge
1,357
2,231
St
Galler
Kantonalbank
1,202
2,797,964
Standard
Bank
Group
Ltd
27,365
2,187,049
Standard
Chartered
plc
18,541
744,794
State
Bank
of
India
6,745
2,623,297
Sumitomo
Mitsui
Financial
Group,
Inc
153,391
1,697,042
Sumitomo
Mitsui
Trust
Holdings,
Inc
36,565
122,764
(b)
Suruga
Bank
Ltd
715
48,704
Svenska
Handelsbanken
AB
492
28,160
(b)
Swedbank
AB
(A
Shares)
559
100,571
Sydbank
AS
5,214
2,665,102
Taichung
Commercial
Bank
Co
Ltd
1,420
4,501,956
Taishin
Financial
Holdings
Co
Ltd
2,525
2,445,312
Taiwan
Business
Bank
1,215
4,249,192
Taiwan
Cooperative
Financial
Holding
Co
Ltd
3,449
31,123
Tamilnad
Mercantile
Bank
Ltd
182
103,106
TBC
Bank
Group
plc
4,184
85,650
(a)
Texas
Capital
Bancshares,
Inc
5,272
1,172,300
Thanachart
Capital
PCL
1,655
100,900
(a)
Tisco
Bank
PCL
275
21,803,500
TMB
Bank
PCL
(Foreign)
1,088
116,343
(b)
Toho
Bank
Ltd
276
18,900
Tokyo
Kiraboshi
Financial
Group,
Inc
586
107,364
TOMONY
Holdings,
Inc
296
1,654,136
Toronto-Dominion
Bank
99,831
29,620
Towne
Bank
831
454,461
Truist
Financial
Corp
17,715
30,806,745
Turkiye
Is
Bankasi
(Series
C)
10,689
487,047
(c)
Ujjivan
Small
Finance
Bank
Ltd
259
1,734,169
(b),(c)
Unicaja
Banco
S.A.
2,149
2,029,582
UniCredit
S.p.A
77,082
1,302,673
Union
Bank
of
India
2,407
892,353
Union
Bank
Of
Taiwan
420
132,390
United
Bankshares,
Inc
4,738
1,136,717
United
Overseas
Bank
Ltd
24,712
152,300
(b)
Univest
Financial
Corp
3,171
11,885
Valiant
Holding
AG.
1,394
406,925
Veritex
Holdings,
Inc
8,338
1,547,098
Virgin
Money
UK
plc
4,177
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
547
61,980
Washington
Trust
Bancorp,
Inc
1,666
11,331,673
Wells
Fargo
&
Co
656,784
333,550
WesBanco,
Inc
9,943
39,790
Westamerica
Bancorporation
1,945
3,176,214
Westpac
Banking
Corp
54,022
269,719
Wintrust
Financial
Corp
28,156
247,941
Woori
Financial
Group,
Inc
2,689
238,960
WSFS
Financial
Corp
10,787
145,399
(b)
Yamaguchi
Financial
Group,
Inc
1,477
1,417,348
(a)
Yapi
ve
Kredi
Bankasi
1,205
5,355,780
(a)
Yes
Bank
Ltd
1,496
TOTAL
BANKS
8,291,514
CAPITAL
GOODS
-
8.3%
197,683
3M
Co
20,968
2,279
3M
India
Ltd
852
169,246
A.O.
Smith
Corp
15,141
78,982
Aalberts
Industries
NV
3,797
CREF
Stock
Account
March
31,
2024
12
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
47,800
(a)
AAR
Corp
$
2,862
730,034
ABB
Ltd
33,867
46,807
ABB
Ltd
India
3,576
1,380,349
Aboitiz
Equity
Ventures,
Inc
1,150
425,749
AcBel
Polytech,
Inc
518
292,352
(b)
Accelleron
Industries
AG.
10,951
18,437
(b)
Ackermans
&
Van
Haaren
3,223
7,105
ACS
Actividades
de
Construccion
y
Servicios
S.A.
298
86,000
Acter
Co
Ltd
543
28,149
Action
Construction
Equipment
Ltd
483
148,552
Adani
Enterprises
Ltd
5,713
204,692
AddTech
AB
4,657
37,989
ADENTRA,
Inc
1,150
25,000
Advanced
Energy
Solution
Holding
Co
Ltd
541
42,827
AECC
Aero-Engine
Control
Co
Ltd
108
144,252
AECC
Aviation
Power
Co
Ltd
670
225,544
Aecom
Technology
Corp
22,121
47,226
(b)
Aecon
Group,
Inc
593
198,046
(a)
AerCap
Holdings
NV
17,212
98,340
(a)
Aerovironment,
Inc
15,074
39,954
(b)
AFG
Arbonia-Forster
Hldg
534
15,108
AG.
Growth
International,
Inc
684
12,587
AGCO
Corp
1,548
18,108
Ahluwalia
Contracts
India
Ltd
222
34,797
AIA
Engineering
Ltd
1,632
87,400
Aichi
Corp
620
131,141
Aida
Engineering
Ltd
769
77,391
Air
Lease
Corp
3,981
1,251,501
Airbus
SE
230,562
119,226
Airtac
International
Group
4,133
17,469
Aker
ASA
(A
Shares)
1,004
141,918
Alarko
Holding
AS.
579
172,510
Albany
International
Corp
(Class
A)
16,131
9,701
Alfa
Laval
AB
381
2,539,800
(b)
Alfa
S.A.
de
C.V.
(Class
A)
1,890
18,163
(a),(b),(c)
Alfen
,NV
979
54,156
(c)
Alimak
Group
AB
496
226,612
(b)
Allegion
plc
30,527
2,357,300
Alliance
Global
Group,
Inc
426
133,000
Allis
Electric
Co
Ltd
455
172,635
Allison
Transmission
Holdings,
Inc
14,011
1,234,289
(b)
Alstom
RGPT
18,796
41,396
Alstom
T&D
India
Ltd
421
453,750
Alta
Equipment
Group,
Inc
5,876
1,479,700
Amada
Co
Ltd
16,946
68,548
Amara
Raja
Batteries
Ltd
626
727,319
Ametek,
Inc
133,027
54,169
Andritz
AG.
3,376
12,665
Apar
Industries
Ltd
1,061
149,860
(a)
API
Group
Corp
5,885
163,510
Apogee
Enterprises,
Inc
9,680
127,888
Applied
Industrial
Technologies,
Inc
25,264
162,579
(a)
Arabi
Group
Holding
KSC
266
297,998
Arcosa,
Inc
25,586
91,400
Armac
Locacao
Logistica
E
Servicos
S.A.
229
68,838
Armstrong
World
Industries,
Inc
8,551
809,959
(a)
Array
Technologies,
Inc
12,076
163,500
Asahi
Glass
Co
Ltd
5,932
1,186,873
Aselsan
Elektronik
Sanayi
Ve
Ticaret
AS
2,034
1,261,038
Ashok
Leyland
Ltd
2,595
72,069
(a)
Ashoka
Buildcon
Ltd
136
2,369,892
Ashtead
Group
plc
168,805
13
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
143,649
Ashtead
Technology
Holdings
plc
$
1,378
37,919
(a)
Ashtrom
Group
Ltd
561
2,197,110
Assa
Abloy
AB
63,053
29,633
Astra
Industrial
Group
1,500
113,532,807
Astra
International
Tbk
PT
36,886
355,834
Astral
Ltd
8,510
143,435
Atkore,
Inc
27,304
2,583,892
Atlas
Copco
AB
43,638
383,554
Atlas
Copco
AB
5,665
234,955
(a)
ATS
Corp
7,906
277,939
Austal
Ltd
398
726,037
AviChina
Industry
&
Technology
Co
Ltd
286
22,959
AVICOPTER
plc
132
52,595
(a)
Axon
Enterprise,
Inc
16,456
114,211
Ayala
Corp
1,300
2,215
(a),(d)
Ayala
Corp
Preferred
0
^
230,601
(a)
AZEK
Co,
Inc
11,581
193,036
Babcock
International
Group
1,267
121,105
(b)
Badger
Infrastructure
Solutions
Ltd
4,488
2,481,390
BAE
Systems
plc
42,296
430,086
Balfour
Beatty
plc
2,075
193,892
(a),(b)
Ballard
Power
Systems,
Inc
540
13,533
Balmer
Lawrie
&
Co
Ltd
39
283,736
Barloworld
Ltd
914
20,521
Bawan
Co
259
9,895
BayWa
AG.
269
239,040
(a)
Beacon
Roofing
Supply,
Inc
23,431
477,474
(b)
Beijer
Ref
AB
7,089
83,712
Beijing
New
Building
Materials
plc
332
20,987
Belimo
Holding
AG.
10,300
15,502
BEML
Ltd
594
1,252,000
BES
Engineering
Corp
552
334,840
Bharat
Dynamics
Ltd
7,048
3,265,738
Bharat
Electronics
Ltd
7,910
938,354
Bharat
Heavy
Electricals
Ltd
2,791
240,462
(b)
Bidvest
Group
Ltd
3,079
72,820
(a)
Bien
Yapi
Urunleri
Sanayi
Turizm
ve
Ticaret
AS.
90
29,685
Bird
Construction
Income
Fund
408
106,937
Bizlink
Holding,
Inc
858
418,380
(a)
Blue
Bird
Corp
16,041
94,596
Blue
Star
Ltd
1,447
1,682,906
(c)
BOC
Aviation
Ltd
12,983
141,593
Bodycote
plc
1,241
1,970,734
(a)
Boeing
Co
380,332
50,290
Boise
Cascade
Co
7,713
69,180
(a)
Bombardier,
Inc
2,970
4,715
(b)
Bossard
Holding
AG.
1,143
190,449
Bouygues
S.A.
7,775
453,249
Brenntag
SE
38,200
244,000
Brighton-Best
International
Taiwan,
Inc
258
16,490
(b)
Brookfield
Business
Corp
394
5,252
(b)
Bucher
Industries
AG.
2,309
10,863
Budimex
S.A.
1,904
20,228
Bufab
AB
793
199,992
(a)
Builders
FirstSource,
Inc
41,708
60,300
Bunka
Shutter
Co
Ltd
678
374,048
Bunzl
plc
14,392
18,171
Burckhardt
Compression
Holding
AG.
11,393
14,476
Burkhalter
Holding
AG.
1,568
67,262
BWX
Technologies,
Inc
6,902
1,170
(b)
Bystronic
AG.
619
114,705
(a)
Cadeler
A.S.
561
CREF
Stock
Account
March
31,
2024
14
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
363,193
(a)
CAE,
Inc
$
7,500
18,200
Carbone
Lorraine
717
35,453
(c)
Carel
Industries
S.p.A
778
33,006
(a)
Cargotec
Corp
(B
Shares)
2,301
36,794
Carlisle
Cos,
Inc
14,418
4,405,651
Carrier
Global
Corp
256,100
455,405
Caterpillar,
Inc
166,874
15,400
Central
Glass
Co
Ltd
291
5,180
Cera
Sanitaryware
Ltd
422
112,817
(a),(b)
Ceres
Power
Holdings
plc
203
249,537
CG
Power
&
Industrial
Solutions
Ltd
1,621
1,049,700
CH
Karnchang
PCL
651
282,725
(a),(b)
ChargePoint
Holdings,
Inc
537
996,365
Chemring
Group
plc
4,565
874,000
(a)
Chicony
Power
Technology
Co
Ltd
4,832
453,500
(a)
Chin
Hin
Group
Bhd
418
290,000
China
Aircraft
Leasing
Group
Holdings
Ltd
112
136,422
China
Baoan
Group
Co
Ltd
198
1,210,000
China
Communications
Services
Corp
Ltd
565
1,089,000
China
Conch
Venture
Holdings
Ltd
758
234,200
China
CSSC
Holdings
Ltd
1,121
1,739,000
China
Energy
Engineering
Corp
Ltd
505
830,000
China
Lesso
Group
Holdings
Ltd
394
144,700
China
National
Chemical
Engineering
Co
Ltd
133
594,018
China
Railway
Group
Ltd
-
A
560
1,861,000
China
Railway
Group
Ltd
-
H
921
754,000
China
State
Construction
Development
Holdings
Ltd
239
1,067,300
China
State
Construction
Engineering
Corp
Ltd
771
870,000
China
State
Construction
International
Holdings
Ltd
951
329,800
China
XD
Electric
Co
Ltd
245
138,545
(a),(b)
Chiyoda
Corp
368
101,700
Chudenko
Corp
2,018
300,000
Chung-Hsin
Electric
&
Machinery
Manufacturing
Corp
1,658
612,000
CIMC
Enric
Holdings
Ltd
624
2,710,517
Citic
Pacific
Ltd
2,609
12,952,000
Citic
Resources
Holdings
Ltd
678
10,544
(a)
CJ
Corp
957
2,243,586
CK
Hutchison
Holdings
Ltd
10,798
41,593
CKD
Corp
834
730,560
CNH
Industrial
NV
9,468
433,500
CNPC
Capital
Co
Ltd
337
64,190
(c)
Cochin
Shipyard
Ltd
674
6,123
(b)
Colt
CZ
Group
SE
159
269,404
Columbus
McKinnon
Corp
12,024
214,071
Comfort
Systems
USA,
Inc
68,013
569,418
Compagnie
de
Saint-Gobain
44,195
90,217
COMSYS
Holdings
Corp
2,114
41,059
Construcciones
y
Auxiliar
de
Ferrocarriles
S.A.
1,498
63,920
(a)
Construction
Partners,
Inc
3,589
2,922,383
Contemporary
Amperex
Technology
Co
Ltd
76,406
239,000
Continental
Holdings
Corp
226
257,139
(a)
Core
&
Main,
Inc
14,721
583,900
COSCO
SHIPPING
Development
Co
Ltd
185
4,762
Craftsman
Automation
Ltd
247
149,951
Crane
Co
20,263
38,617
(a)
Creative
&
Innovative
System
378
21,361
CS
Wind
Corp
824
563,010
(a)
CSBC
Corp
Taiwan
333
85,200
CSSC
Science
&
Technology
Co
Ltd
185
431,000
CTCI
Corp
637
121,768
Cummins
India
Ltd
4,396
28,245
Cummins,
Inc
8,322
148,016
Curtiss-Wright
Corp
37,883
322,260
(a),(b)
Custom
Truck
One
Source,
Inc
1,876
15
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
25,393
(a)
CW
Enerji
Muhendislik
Ticaret
VE
Sanayi
AS.
$
206
35,000
CyberPower
Systems,
Inc
261
9,018
Daelim
Industrial
Co
351
6,047
(b)
Daetwyler
Holding
AG.
1,246
162,077
(a)
Daewoo
Engineering
&
Construction
Co
Ltd
449
47,971
Daewoo
International
Corp
1,896
31,588
(a)
Daewoo
Shipbuilding
&
Marine
Engineering
Co
Ltd
644
132,700
Daifuku
Co
Ltd
3,181
16,548
Daihen
Corp
1,033
2,589
Daiho
Corp
59
86,677
Daikin
Industries
Ltd
11,835
1,220,311
Daimler
Truck
Holding
AG.
61,839
59,200
Daiwa
Industries
Ltd
625
9,046
(b)
Danieli
&
Co
S.p.A.
321
30,384
Danieli
&
Co
S.p.A.
(RSP)
801
24,865
Dassault
Aviation
S.A.
5,475
14,928
Data
Patterns
India
Ltd
436
22,330
Dawonsys
Co
Ltd
226
98,055
DCC
plc
7,134
310,730
Deere
&
Co
127,629
91,965
Deutz
AG.
584
175,515
Diploma
plc
8,244
71,722
DiscoverIE
Group
plc
684
26,394
DL
E&C
Co
Ltd
722
2,507,100
DMCI
Holdings,
Inc
507
306,170
(a)
DNOW,
Inc
4,654
28,220
Donaldson
Co,
Inc
2,107
150,529
Dongfang
Electric
Corp
Ltd
322
47,613
Doosan
Bobcat,
Inc
1,910
55,410
(a)
Doosan
Corp
6,231
38,176
(a)
Doosan
Fuel
Cell
Co
Ltd
584
182,903
(a)
Doosan
Heavy
Industries
and
Construction
Co
Ltd
2,378
108,183
Doosan
Infracore
Co
Ltd
689
935,109
Dover
Corp
165,692
392,953
(a),(d)
Drake
&
Scull
International
PJSC
1
5,776
Dredging
Environmental
&
Marine
Engineering
NV
924
1,556,435
Dubai
Investments
PJSC
970
40,294
Duerr
AG.
931
40,650
(a)
DXP
Enterprises,
Inc
2,184
31,281
(a)
Dycom
Industries,
Inc
4,490
4,087,800
Dynasty
Ceramic
PCL
212
1,615,643
Eaton
Corp
plc
505,179
74,600
Ebara
Corp
6,789
1,120,000
E-Commodities
Holdings
Ltd
266
33,394
Ecopro
BM
Co
Ltd
6,893
11,751
(a)
Ecopro
Materials
Co
Ltd
1,166
14,535
Eczacibasi
Yatirim
Holding
105
1,482
Eiffage
S.A.
168
26,561
Elbit
Systems
Ltd
5,547
8,947
Elco
Ltd
315
33,498
Elecon
Engineering
Co
Ltd
382
1,737
Electra
Israel
Ltd
749
504,360
Electrical
Industries
Co
596
4,274,504
Electrocomponents
plc
39,193
192,233
Electrolux
Professional
AB
1,257
227,212
Electrosteel
Castings
Ltd
487
157,618
Elgi
Equipments
Ltd
1,139
431,489
ElSewedy
Electric
Co
283
8,119,200
(a)
Embraer
S.A.
53,924
62,677
EMCOR
Group,
Inc
21,949
718,697
Emerson
Electric
Co
81,515
5,558
Energiekontor
AG.
384
107,200
Enerpac
Tool
Group
Corp
3,823
47,700
EnerSys
4,506
CREF
Stock
Account
March
31,
2024
16
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
37,823
(b)
Engcon
AB
$
297
228,293
Engineers
India
Ltd
555
111,978
EnPro
Industries,
Inc
18,899
21,769
Epiroc
AB
409
14,489
Epiroc
AB
245
107,142
Esab
Corp
11,847
15,871
ESAB
India
Ltd
1,002
181,892
ESCO
Technologies,
Inc
19,472
607,332
(a)
Estithmar
Holding
QPSC
318
59,468
(a),(b)
Eurogroup
Laminations
S.p.A
242
54,893
(a)
Europower
Enerji
VE
Otomasyon
Teknolojileri
Sanayi
Ticaret
AS.
251
52,807
Eve
Energy
Co
Ltd
287
78,000
Evergreen
Aviation
Technologies
Corp
268
157,000
Fangda
Carbon
New
Material
Co
Ltd
104
196,680
Fanuc
Ltd
5,487
2,627,631
Far
Eastern
Textile
Co
Ltd
2,713
426,894
Fastenal
Co
32,931
147,886
FAW
Jiefang
Group
Co
Ltd
185
193,872
Federal
Signal
Corp
16,454
152,650
Ferguson
plc
33,343
192,315
Ferguson
plc
42,077
511,941
Ferrovial
SE
20,269
443,723
(a),(b)
Fincantieri
S.p.A
326
384,587
Finning
International,
Inc
11,303
56,687
Finolex
Cables
Ltd
682
420,000
First
Tractor
Co
Ltd
327
1,428,582
Fletcher
Building
Ltd
3,516
950,781
Flowserve
Corp
43,432
113,116
(a)
FLSmidth
&
Co
AS
5,651
494,590
(a),(b)
Fluence
Energy,
Inc
8,576
78,387
Fluidra
S.A.
1,855
118,100
(a)
Fluor
Corp
4,993
726
(b)
Forbo
Holding
AG.
927
3,229
Force
Motors
Ltd
281
471,512
Fortive
Corp
40,559
92,000
Fortune
Electric
Co
Ltd
1,926
2,515,508
(b)
Fosun
International
1,312
349,340
(a),(b)
FTC
Solar,
Inc
188
354,077
(a)
Fugro
NV
8,680
110,300
(a)
Fuji
Electric
Holdings
Co
Ltd
7,402
369,745
Fuji
Machine
Manufacturing
Co
Ltd
6,536
192,278
Fujikura
Ltd
2,842
47,639
(b)
Fujitec
Co
Ltd
1,185
11,139
Fukushima
Galilei
Co
Ltd
439
20,256
Furukawa
Co
Ltd
244
54,144
Furukawa
Electric
Co
Ltd
1,143
17,934
(a)
G
R
Infraprojects
Ltd
282
1,563,485
Gamuda
BHD
1,741
23,773
Garden
Reach
Shipbuilders
&
Engineers
Ltd
219
122,766
(a)
Gates
Industrial
Corp
plc
2,174
301,030
GEA
Group
AG.
12,728
1,168
Geberit
AG.
690
43,618
GEK
Group
of
Cos
S.A.
794
44,791
(a)
Generac
Holdings,
Inc
5,650
130,937
General
Dynamics
Corp
36,988
390,428
Genuit
Group
plc
2,169
134,836
Georg
Fischer
AG.
10,000
44,413
(a)
Gibraltar
Industries,
Inc
3,577
13,501
Giken
Seisakusho
Co,
Inc
185
14,300
Ginlong
Technologies
Co
Ltd
117
116,629
(a)
Girisim
Elektrik
Taahhut
Ticaret
Ve
Sanayi
AS.
246
3,700
Global
Industrial
Co
166
33,556
Glory
Ltd
633
25,752
GMM
Pfaudler
Ltd
383
17
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
51,213
(a)
Godrej
Industries
Ltd
$
481
23,200
Gongniu
Group
Co
Ltd
329
6,318
GoodWe
Technologies
Co
Ltd
87
7,410
Gorman-Rupp
Co
293
43,630
Gotion
High-tech
Co
Ltd
123
150,098
Grafton
Group
plc
1,899
49,541
Graphite
India
Ltd
360
93,162
Greaves
Cotton
Ltd
142
2,788,000
(c)
Greentown
Management
Holdings
Co
Ltd
2,297
88,100
Griffon
Corp
6,461
67,872
Grindwell
Norton
Ltd
1,551
509,993
(b)
Grupo
Carso
S.A.
de
C.V.
(Series
A1)
4,562
134,538
(b)
Grupo
Rotoplas
SAB
de
C.V.
244
56,409
(a)
GS
Engineering
&
Construction
Corp
636
43,547
GS
Holdings
Corp
1,567
67,154
GS
Yuasa
Corp
1,400
70,630
GT
Capital
Holdings,
Inc
885
88,232
Gulf
Cables
&
Electrical
Industries
Group
Co.
KSCP
384
48,989
(a),(c)
GVS
S.p.A
320
616,497
Haitian
International
Holdings
Ltd
1,794
5,938
(b)
Hammond
Power
Solutions,
Inc
636
4,838
(a)
Hana
Technology
Co
Ltd
213
325,668
Hangzhou
Steam
Turbine
Power
Group
Co
Ltd
294
40,479
Hanwa
Co
Ltd
1,580
29,715
Hanwha
Corp
622
13,757
Hanwha
Corp
155
279,572
Hanwha
Systems
Co
Ltd
3,577
300,500
HAP
Seng
Consolidated
BHD
283
1,828,000
Harbin
Power
Equipment
613
40,800
Harmonic
Drive
Systems,
Inc
1,087
210,326
Havells
India
Ltd
3,829
99,183
(a)
Hayward
Holdings,
Inc
1,518
123,436
Hazama
Ando
Corp
961
84,247
HBL
Power
Systems
Ltd
461
9,754
HD
Hyundai
Construction
Equipment
Co
Ltd
424
17,951
HD
Hyundai
Electric
Co
Ltd
2,388
18,162
(a)
HD
Hyundai
Heavy
Industries
Co
Ltd
1,601
28,827
HDC
Hyundai
Development
Co-Engineering
&
Construction
384
9,493
HEG
Ltd
210
53,810
HEICO
Corp
10,278
60,453
HEICO
Corp
(Class
A)
9,306
139,081
(a)
Heidelberger
Druckmaschinen
156
71,750
(a)
Hellenic
Technodomiki
Tev
S.A.
204
260,548
Hensoldt
AG.
12,226
104,697
(a)
Hexagon
Composites
ASA
181
135,269
(b)
Hexatronic
Group
AB
416
62,897
Hexcel
Corp
4,582
10,368
HG
Infra
Engineering
Ltd
113
4,200
Hikari
Tsushin,
Inc
790
2,054,315
(a)
Hillman
Solutions
Corp
21,858
180,077
Hindustan
Aeronautics
Ltd
7,206
808,836
(a)
Hindustan
Construction
Co
309
18,211
Hindware
Home
Innovation
Ltd
82
243,900
Hino
Motors
Ltd
817
8,200
(b)
Hirata
Corp
423
90,500
(a)
Hitachi
Construction
Machinery
Co
Ltd
2,731
8,699
Hitachi
Energy
India
Ltd
729
2,498,491
(a)
Hitachi
Ltd
228,313
215,320
Hitachi
Zosen
Corp
1,882
219,643
Hiwin
Technologies
Corp
1,914
22,536
(b)
Hochtief
AG.
2,619
2,718,030
Honeywell
International,
Inc
557,876
25,385
Hongfa
Technology
Co
Ltd
86
91,100
Hoshizaki
Corp
3,324
CREF
Stock
Account
March
31,
2024
18
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
33,074
(a)
Hosken
Consolidated
Investments
Ltd
$
300
1,319,062
Howden
Joinery
Group
plc
15,100
789,981
Howmet
Aerospace,
Inc
54,058
3,394
Hoymiles
Power
Electronics,
Inc
103
40,304
(a)
HSD
Engine
Co
Ltd
296
2,285,000
(a),(d)
Hsin
Chong
Group
Holdings
Ltd
3
492,130
Hubbell,
Inc
204,259
13,135
(a),(b)
Huber
&
Suhner
AG.
1,109
43,174
Huntington
Ingalls
Industries,
Inc
12,584
352,027
Husqvarna
AB
(B
Shares)
3,012
5,369
Hyosung
Corp
248
3,921
Hyosung
Heavy
Industries
Corp
807
19,287
Hyundai
Elevator
Co
Ltd
594
32,607
Hyundai
Engineering
&
Construction
Co
Ltd
806
17,911
(a)
Hyundai
Heavy
Industries
1,600
16,665
(a)
Hyundai
Mipo
Dockyard
777
60,024
Hyundai
Rotem
Co
Ltd
1,535
23,077
Idec
Corp
408
29,641
IDEX
Corp
7,233
4,658,400
IJM
Corp
BHD
2,385
198,544
Illinois
Tool
Works,
Inc
53,275
48,836
IMCD
NV
8,596
686,869
IMI
plc
15,735
9,952
(b)
Implenia
AG.
361
122,436
Inaba
Denki
Sangyo
Co
Ltd
2,841
31,698
Inabata
&
Co
Ltd
667
99,473
(c)
IndiaMart
InterMesh
Ltd
3,158
25,964
(b)
Industrie
De
Nora
S.p.A
367
1,343,386
Industries
Qatar
QSC
4,419
271,030
(a)
Indutrade
AB
7,382
651,952
Infratil
Ltd
4,242
187,225
(b)
INFRONEER
Holdings,
Inc
1,797
34,355
Ingersoll
Rand
India
Ltd
1,520
722,634
Ingersoll
Rand,
Inc
68,614
2,803,600
(a),(d)
Inovisi
Infracom
Tbk
PT
0
^
86,185
(a)
Inox
Wind
Ltd
540
161,802
(a)
InPost
S.A.
2,492
239,906
(b)
Instalco
AB
947
61,677
Interpump
Group
S.p.A.
3,006
537
(b)
Interroll
Holding
AG.
1,785
29,979
(a)
Intracom
S.A.
Technical
&
Steel
Constructions
174
145,201
Investment
AB
Latour
3,817
33,317
INVISIO
AB
758
118,093
Inwido
AB
1,609
1,382,921
Iochpe-Maxion
S.A.
3,990
940,977
IRB
Infrastructure
Developers
Ltd
663
249,726
(c)
IRCON
International
Ltd
661
9,104
IS
Dongseo
Co
Ltd
199
24,857
ISGEC
Heavy
Engineering
Ltd
269
112,900
(b)
Ishikawajima-Harima
Heavy
Industries
Co
Ltd
3,018
16,900
(a),(b)
Ispace,
Inc
95
48,559
ITD
Cementation
India
Ltd
195
368,011
(a),(b)
ITM
Power
plc
249
1,169,649
(b)
Itochu
Corp
50,248
447,610
ITT,
Inc
60,888
189,413
(a)
Iveco
Group
NV
2,822
21,570
J
Kumar
Infraprojects
Ltd
164
173,573
(a)
Jain
Irrigation
Systems
Ltd
102
931,711
(a)
Jaiprakash
Associates
Ltd
201
3,239,960
Jamna
Auto
Industries
Ltd
5,163
722,224
(a)
Janus
International
Group,
Inc
10,927
6,232
Japan
Pulp
&
Paper
Co
Ltd
213
110,961
Japan
Steel
Works
Ltd
2,476
83,900
Jardine
Cycle
&
Carriage
Ltd
1,502
19
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
133,536
Jardine
Matheson
Holdings
Ltd
$
4,981
23,600
JDC
Corp
83
7,782
(a)
Jeio
Co
Ltd
156
2,101,056
JG
Summit
Holdings
(Series
B)
1,360
476,700
JGC
Corp
4,674
74,804
Jiangsu
Hengli
Hydraulic
Co
Ltd
522
194,918
Jiangsu
Zhongtian
Technology
Co
Ltd
380
86,300
(a)
Jiangxi
Special
Electric
Motor
Co
Ltd
113
361,348
Johns
Lyng
Group
Ltd
1,510
13,561
(c)
JOST
Werke
SE
697
4,812
Judges
Scientific
plc
619
36,895
Jungheinrich
AG.
1,365
77,647
Jupiter
Wagons
Ltd
348
2,477
Kaba
Holding
AG.
1,303
65,457
Kajaria
Ceramics
Ltd
908
356,150
Kajima
Corp
7,310
103,072
(a)
Kaleseramik
Canakkale
Kalebodur
Seramik
Sanayi
AS.
190
66,804
Kalpataru
Projects
International
Ltd
860
43,170
Kaman
Corp
1,980
68,400
Kanamoto
Co
Ltd
1,220
462,101
Kandenko
Co
Ltd
5,275
63,300
Kanematsu
Corp
1,080
12,045
(a)
Kangwon
Energy
Co
Ltd
179
52,000
Kaori
Heat
Treatment
Co
Ltd
616
56,636
Kardex
Holding
AG.
15,900
14,400
Katakura
Industries
Co
Ltd
183
119,100
(b)
Kawasaki
Heavy
Industries
Ltd
3,913
7,294
KCC
Glass
Corp
223
106,168
KEC
International
Ltd
887
61,400
Keda
Industrial
Group
Co
Ltd
88
48,229
KEI
Industries
Ltd
2,010
76,000
Keihan
Electric
Railway
Co
Ltd
1,686
53,948
Keller
Group
plc
714
13,622
(a),(b)
Kempower
Oyj
302
143,000
Kenmec
Mechanical
Engineering
Co
Ltd
378
6,320
Kennametal
India
Ltd
180
9,735
KEPCO
Engineering
&
Construction
Co,
Inc
480
1,219,527
Keppel
Corp
Ltd
6,627
369,575
(a)
Kier
Group
plc
614
216,674
(a)
Kiler
Holding
AS.
286
297,471
Kinden
Corp
5,185
3,644
Kingspan
Group
plc
332
83,000
Kinik
Co
672
225,584
KION
Group
AG.
11,867
18,681
Kirloskar
Brothers
Ltd
245
22,735
Kirloskar
Pneumatic
Co
Ltd
193
46,900
Kitz
Corp
421
220,346
Kloeckner
&
Co
AG.
1,605
733,759
(b)
Knorr-Bremse
AG.
55,498
134,623
KNR
Constructions
Ltd
399
650,783
(a)
KOC
Holding
AS
4,094
1,346,059
Komatsu
Ltd
39,831
3,231
(b)
Komax
Holding
AG
626
544,384
Kone
Oyj
(Class
B)
25,361
261,405
Konecranes
Oyj
13,569
304,406
Kongsberg
Gruppen
ASA
21,019
478,003
Koninklijke
BAM
Groep
NV
1,812
75,342
Kontrolmatik
Enerji
Ve
Muhendislik
AS.
532
63,957
Korea
Aerospace
Industries
Ltd
2,394
4,002
Korea
Electric
Terminal
Co
Ltd
184
106,389
(a),(b)
Kornit
Digital
Ltd
1,928
945,353
(a)
Kratos
Defense
&
Security
Solutions,
Inc
17,376
11,349
Krones
AG.
1,502
9,687
KSB
Ltd
448
CREF
Stock
Account
March
31,
2024
20
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
139,276
(a)
Kuang-Chi
Technologies
Co
Ltd
$
391
835,309
Kubota
Corp
13,106
26,204
Kumagai
Gumi
Co
Ltd
714
40,000
Kung
Long
Batteries
Industrial
Co
Ltd
175
77,300
Kurita
Water
Industries
Ltd
3,205
18,310
Kvutzat
Acro
Ltd
219
24,454
Kyokuto
Kaihatsu
Kogyo
Co
Ltd
414
154,510
Kyowa
Exeo
Corp
1,642
34,122
Kyudenko
Corp
1,416
3,812
Kyung
Dong
Navien
Co
Ltd
151
199,150
L3Harris
Technologies,
Inc
42,439
3,506
Lakshmi
Machine
Works
Ltd
639
574,043
Larsen
&
Toubro
Ltd
25,964
8,671
Legrand
S.A.
918
20,303
Lennox
International,
Inc
9,923
219,660
(a)
Leonardo
DRS,
Inc
4,852
383,272
Leonardo
S.p.A.
9,629
80,769
LG
Corp
5,254
27,572
(a)
LG
Energy
Solution
Ltd
8,214
231,607
Lifco
AB
6,048
10,177
LIG
Nex1
Co
Ltd
1,337
22,391
Lincoln
Electric
Holdings,
Inc
5,720
58,245
Lindab
International
AB
1,252
68,951
(a),(b)
Lion
Electric
Co
98
12,448
LISI
318
222,900
LIXIL
Group
Corp
2,747
427,500
(b)
LK
Technology
Holdings
Ltd
175
303,733
Lloyds
Steels
Industries
Ltd
180
130,819
Lockheed
Martin
Corp
59,506
6,221,000
Lonking
Holdings
Ltd
1,137
19,585
Lotte
Corp
405
14,638
LS
Cable
Ltd
1,241
11,703
LS
Electric
Co
Ltd
855
3,165,600
LT
Group,
Inc
563
8,582
LU-VE
S.p.A
214
250,200
Luxfer
Holdings
plc
2,595
34,405
LX
Holdings
Corp
179
20,292
LX
INTERNATIONAL
CORP
400
85,763
(b)
Maas
Group
Holdings
Ltd
251
984,564
Mabuchi
Motor
Co
Ltd
17,961
114,795
Maire
Tecnimont
S.p.A
900
18,239
Makino
Milling
Machine
Co
Ltd
759
187,847
Makita
Corp
5,339
2,025,200
Malaysian
Resources
Corp
Bhd
283
78,974
Man
Infraconstruction
Ltd
194
7,731
(b)
Manitou
BF
S.A.
212
2,341,200
Marcopolo
S.A.
3,520
53,280
Marcopolo
S.A.
62
1,196,416
Marubeni
Corp
20,722
12,200
MARUKA
FURUSATO
Corp
178
619,196
Masco
Corp
48,842
46,780
(a)
Mastec,
Inc
4,362
20,900
Max
Co
Ltd
441
1,194
MBB
SE
132
7,840
McGrath
RentCorp
967
157,789
(a)
MDA
Ltd
1,714
150,399
MDU
Resources
Group,
Inc
3,790
29,971
Meidensha
Corp
564
8,743
(a)
Meier
Tobler
Group
AG.
326
4,258,357
Melrose
Industries
plc
36,157
467,003
Metallurgical
Corp
of
China
Ltd
222
18,900
METAWATER
Co
Ltd
278
660,962
(b)
Metso
Outotec
Oyj
7,851
57,456
(a)
Middleby
Corp
9,238
21
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
38,094
Mie
Kotsu
Group
Holdings,
Inc
$
155
5,360
Miller
Industries,
Inc
269
92,000
Mills
Estruturas
e
Servicos
de
Engenharia
S.A.
248
304,500
Minebea
Co
Ltd
5,973
115,600
Ming
Yang
Smart
Energy
Group
Ltd
150
4,400
(b)
Mirai
Industry
Co
Ltd
127
260,962
MIRAIT
ONE
corp
3,217
238,300
MISUMI
Group,
Inc
3,320
3,031,309
Mitsubishi
Corp
70,057
6,077,600
Mitsubishi
Electric
Corp
101,733
2,679,620
Mitsubishi
Heavy
Industries
Ltd
24,286
29,800
Mitsubishi
Logisnext
Co
Ltd
362
19,250
(b)
Mitsuboshi
Belting
Co
Ltd
591
1,378,726
Mitsui
&
Co
Ltd
64,458
68,000
Miura
Co
Ltd
1,318
13,142
(a)
Momentum
Group
AB
189
71,357
Monadelphous
Group
Ltd
659
3,872,970
MonotaRO
Co
Ltd
46,619
71,442
(a),(c)
Montana
Aerospace
AG.
1,339
17,120
Moog,
Inc
(Class
A)
2,733
216,778
Morgan
Crucible
Co
plc
780
32,719
Morgan
Sindall
plc
958
92,444
Mori
Seiki
Co
Ltd
2,444
89,100
Morita
Holdings
Corp
965
75,771
Mota
Engil
SGPS
S.A.
394
284,264
(a)
MRC
Global,
Inc
3,573
34,352
MSC
Industrial
Direct
Co
(Class
A)
3,334
14,341
MSTC
Ltd
144
13,325
(a)
MTAR
Technologies
Ltd
270
69,833
MTU
Aero
Engines
Holding
AG.
17,711
79,250
Mueller
Industries,
Inc
4,274
77,300
Mueller
Water
Products,
Inc
(Class
A)
1,244
3,298,281
(a)
Multiply
Group
PJSC
2,012
243,570
(b),(c)
Munters
Group
AB
4,369
47,070
(a)
MYR
Group,
Inc
8,320
53,250
Mytilineos
Holdings
S.A.
2,054
588,200
Nabtesco
Corp
9,861
11,933
Nachi-Fujikoshi
Corp
273
333,300
Nagase
&
Co
Ltd
5,602
37,000
(b)
Namura
Shipbuilding
Co
Ltd
491
428,319
NARI
Technology
Co
Ltd
1,430
1,587,456
National
Industries
Group
Holding
SAK
1,135
48,835
Nava
Bharat
Ventures
Ltd
286
3,299,774
NBCC
India
Ltd
4,734
64,556
(b)
NCC
AB
(B
Shares)
888
2,731,944
NCC
Ltd
7,636
1,380,436
(a)
NEL
ASA
615
22,788
Nexans
S.A.
2,382
48,630
(a)
NEXTracker,
Inc
2,736
71,189
(a),(b)
NFI
Group,
Inc
676
164,400
NGK
Insulators
Ltd
2,211
1,504,395
(b)
Nibe
Industrier
AB
7,398
397,040
Nichias
Corp
10,609
10,000
Nichiden
Corp
176
17,545
Nichiha
Corp
397
86,100
Nidec
Corp
3,571
142,967
Nikkiso
Co
Ltd
1,168
7,711
(a)
Nilfisk
Holding
A.S.
158
17,480
Ningbo
Deye
Technology
Co
Ltd
228
31,900
Ningbo
Orient
Wires
&
Cables
Co
Ltd
195
90,600
Ningbo
Sanxing
Medical
Electric
Co
Ltd
344
7,500
Nippon
Carbon
Co
Ltd
263
29,959
Nippon
Densetsu
Kogyo
Co
Ltd
415
24,700
Nippon
Road
Co
Ltd
307
CREF
Stock
Account
March
31,
2024
22
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
26,165
Nishimatsu
Construction
Co
Ltd
$
752
15,400
Nishio
Rent
All
Co
Ltd
394
100,531
Nisshinbo
Industries,
Inc
808
56,400
Nitta
Corp
1,477
17,700
(b)
Nitto
Boseki
Co
Ltd
688
19,835
Nitto
Kogyo
Corp
546
42,346
(a)
NKT
Holding
AS
3,503
149,360
Nolato
AB
668
18,000
(b)
Nomura
Micro
Science
Co
Ltd
634
44,474
(a)
Norconsult
Norge
AS.
111
96,566
(a),(b)
Nordex
AG.
1,266
42,564
Nordson
Corp
11,686
10,366
Noritake
Co
Ltd
288
15,951
Noritsu
Koki
Co
Ltd
336
13,031
Noritz
Corp
149
24,405
Norma
Group
SE
453
234,720
Northrop
Grumman
Corp
112,351
341,248
NRW
Holdings
Ltd
651
311,900
NSK
Ltd
1,780
310,861
(b)
NTN
Corp
648
1,802,720
nVent
Electric
plc
135,925
864,000
NWS
Holdings
Ltd
718
52,246
Obara
Corp
1,313
546,800
Obayashi
Corp
6,502
155,366
(b)
OC
Oerlikon
Corp
AG.
685
53,421
Oiles
Corp
784
17,367
Okuma
Holdings,
Inc
826
21,500
Okumura
Corp
714
27,288
Olectra
Greentech
Ltd
621
285,060
(a),(b)
Opus
Global
Rt
315
49,748
Organo
Corp
2,467
62,606
OSG
Corp
902
55,200
Oshkosh
Corp
6,884
9
OSRAM
Licht
AG.
1
34,450
(a)
Otokar
Otomotiv
Ve
Savunma
Sanayi
A.S.
493
160,469
Owens
Corning,
Inc
26,766
121,078
(a)
OX2
AB
558
289,467
PACCAR,
Inc
35,862
11,801
Palfinger
AG.
293
669,785
Parker-Hannifin
Corp
372,260
251,070
(a)
Parsons
Corp
20,826
166,909
(a)
Patel
Engineering
Ltd
115
143,081
Peab
AB
(Series
B)
899
140,097
Pentair
plc
11,970
1,411,800
Pentamaster
Corp
Bhd
1,327
223,546
Penta-Ocean
Construction
Co
Ltd
1,122
15,169
People
&
Technology,
Inc
476
22,042
Per
Aarsleff
Holding
A.S.
1,100
2,656
Pfeiffer
Vacuum
Technology
AG.
447
257,969
(a)
Phihong
Technology
Co
Ltd
427
400,480
(a),(b)
Plug
Power,
Inc
1,378
93,136
PNC
Infratech
Ltd
488
24,133
(b)
PNE
AG.
349
39,908
Polycab
India
Ltd
2,430
27,006
Porr
AG.
414
26,902
POSCO
Future
M
Co
Ltd
6,049
439,569
Power
Construction
Corp
of
China
Ltd
301
4,286
Power
Mech
Projects
Ltd
259
81,990
Praj
Industries
Ltd
526
88,300
Primoris
Services
Corp
3,759
40,560
(a)
Prince
Pipes
&
Fittings
Ltd
268
8,816
Prysmian
S.p.A.
460
7,928,200
(a)
PSG
Corp
PCL
144
1,937,537
QinetiQ
plc
8,925
23
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
672,420
(a)
Qua
Granite
Hayal
$
83
82,978
Quanta
Services,
Inc
21,558
6,949
(a)
Rainbow
Robotics
959
290,000
Raito
Kogyo
Co
Ltd
3,860
146,500
Randon
S.A.
Implementos
e
Participacoes
376
78,500
Range
Intelligent
Computing
Technology
Group
Co
Ltd
330
440,401
Ras
Al
Khaimah
Ceramics
327
5,034
Rational
AG.
4,337
21,163
(a)
RBC
Bearings,
Inc
5,721
372,000
(a),(b)
Realord
Group
Holdings
Ltd
260
96,312
Redox
Ltd
186
188,794
Reece
Ltd
3,457
236,101
Regal-Beloit
Corp
42,522
632,710
Reliance
Worldwide
Corp
Ltd
2,374
55,568
Renew
Holdings
plc
648
366,100
(a)
Resideo
Technologies,
Inc
8,208
138,535
Reunert
Ltd
483
85,000
REV
Group,
Inc
1,878
194,524
Rexel
S.A.
5,255
56,169
Rheinmetall
AG.
31,591
43,443
(b)
Richelieu
Hardware
Ltd
1,366
1,682
(b)
Rieter
Holding
AG.
243
33,743
Rockwell
Automation,
Inc
9,830
318
(a)
Rockwool
International
AS
(B
Shares)
105
8,419
(a)
Rolex
Rings
Ltd
177
8,363,163
(a)
Rolls-Royce
Holdings
plc
44,997
2,318,913
Rotork
plc
9,629
2,584,450
RTX
Corp
252,061
35,000
Ruentex
Engineering
&
Construction
Co
170
138,950
Run
Long
Construction
Co
Ltd
551
92,850
Rush
Enterprises,
Inc
(Class
A)
4,969
49,998
Russel
Metals,
Inc
1,664
13,900
Ryobi
Ltd
276
80,173
Saab
AB
(Class
B)
7,132
328,198
Sacyr
Vallehermoso
S.A.
1,212
399,868
Safran
S.A.
90,559
13,478
Salcef
Group
S.p.A
333
227,125
Sam
Engineering
&
Equipment
M
Bhd
242
146,849
(a)
Sambu
Construction
Co
Ltd
218
71,550
Samsung
C&T
Corp
8,509
61,865
(a)
Samsung
Engineering
Co
Ltd
1,159
279,965
(a)
Samsung
Heavy
Industries
Co
Ltd
1,793
31,204
Samsung
Techwin
Co
Ltd
4,813
1,418,042
Sandvik
AB
31,482
228,600
Sanki
Engineering
Co
Ltd
3,181
497,941
Sanwa
Shutter
Corp
8,706
977,000
Sany
Heavy
Equipment
International
Holdings
Co
Ltd
629
454,257
Sany
Heavy
Industry
Co
Ltd
909
8,100
Sanyo
Denki
Co
Ltd
379
280,528
Sarkuysan
Elektrolitik
Bakir
Sanayi
ve
Ticaret
AS.
264
30,905
(a)
Saudi
Ceramic
Co
281
159,044
(b)
Savaria
Corp
1,968
89,291
Schindler
Holding
AG.
22,476
124,628
Schindler
Holding
AG.
(Registered)
30,410
24,395
(a)
Schneider
Electric
Infrastructure
Ltd
217
654,258
Schneider
Electric
S.A.
147,912
31,300
Schulz
S.A.
42
668
(b)
Schweiter
Technologies
AG.
376
10,728
SDT
Uzay
VE
Savunma
Teknolojileri
AS.
100
19,395
Sekisui
Jushi
Corp
301
37,277,004
(a),(b)
SembCorp
Marine
Ltd
2,179
55,298
Sensata
Technologies
Holding
plc
2,032
131,395
Seven
Group
Holdings
Ltd
3,492
12,236
SFA
Engineering
Corp
233
CREF
Stock
Account
March
31,
2024
24
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
13,902
(b)
SFS
Group
AG.
$
1,828
50,102
(a),(b)
SGL
Carbon
AG.
376
36,500
Shandong
Himile
Mechanical
Science
&
Technology
Co
Ltd
178
264,727
Shanghai
Construction
Group
Co
Ltd
85
762,403
Shanghai
Electric
Group
Co
Ltd
443
321,000
Shanghai
Industrial
Holdings
Ltd
425
129,300
Shanghai
Mechanical
and
Electrical
Industry
Co
Ltd
124
24,100
Shanghai
Moons'
Electric
Co
Ltd
196
224,100
Shanghai
Waigaoqiao
Free
Trade
Zone
Group
Co
Ltd
159
141,900
Shanxi
Coal
International
Energy
Group
Co
Ltd
329
107,311
(a)
Shapir
Engineering
and
Industry
Ltd
613
67,140
Shenzhen
Inovance
Technology
Co
Ltd
560
50,400
Shenzhen
SED
Industry
Co
Ltd
128
150,236
(b)
Shibaura
Machine
Co
Ltd
3,632
15,600
Shibuya
Corp
359
193,000
Shihlin
Electric
&
Engineering
Corp
1,689
272,024
(a)
Shikun
&
Binui
Ltd
674
16,200
(b)
Shima
Seiki
Manufacturing
Ltd
148
440,700
Shimizu
Corp
2,846
1,411,000
Shin
Zu
Shing
Co
Ltd
7,935
82,084
Shinko
Plantech
Co
Ltd
1,130
43,500
Shinmaywa
Industries
Ltd
354
13,083
Shinsung
Delta
Tech
Co
Ltd
1,055
31,508
SHO-BOND
Holdings
Co
Ltd
1,325
278,060
Shyft
Group,
Inc
3,454
395,360
Sichuan
Road
and
Bridge
Group
Co
Ltd
406
1,506,469
Siemens
AG.
287,643
1,693,314
(a)
Siemens
Energy
AG.
31,079
77,952
Siemens
India
Ltd
5,036
32,200
Sieyuan
Electric
Co
Ltd
259
651,195
(a),(b)
SIG
plc
240
448,444
(c)
Signify
NV
13,805
2,409,859
Sime
Darby
BHD
1,325
1,293,204
Singapore
Technologies
Engineering
Ltd
3,850
172,100
Sinoma
International
Engineering
Co
270
3,841,000
Sinopec
Engineering
Group
Co
Ltd
2,213
1,096,500
Sino-Thai
Engineering
&
Construction
PCL
293
660,500
Sinotruk
Hong
Kong
Ltd
1,622
33,256
(a)
SiteOne
Landscape
Supply,
Inc
5,805
96,366
SK
Networks
Co
Ltd
438
21,677
(a)
SK
oceanplant
Co
Ltd
213
32,498
SK,
Inc
4,408
12,654
(b)
Skanska
AB
(B
Shares)
225
157,456
(b)
SKF
AB
(B
Shares)
3,214
26,993
SKF
India
Ltd
1,346
100,978
SM
Investments
Corp
1,747
45,828
SMC
Corp
25,854
1,507,760
Smiths
Group
plc
31,254
38,787
Snap-On,
Inc
11,489
138,722
SNC-Lavalin
Group,
Inc
5,674
122,068
Sociedad
Quimica
y
Minera
de
Chile
S.A.
(Class
B)
5,956
180,102
Sojitz
Holdings
Corp
4,751
4,792
Solar
Holdings
AS
(B
Shares)
231
11,012
SPG
Co
Ltd
239
73,053
Spirax-Sarco
Engineering
plc
9,269
75,930
(a)
Spirit
Aerosystems
Holdings,
Inc
(Class
A)
2,739
380,812
(a)
SPX
Technologies,
Inc
46,889
19,067
Stabilus
SE
1,214
44,389
(b)
Stadler
Rail
AG.
1,415
114,545
Stanley
Black
&
Decker,
Inc
11,217
98,004
Stantec,
Inc
8,137
62,366
Star
Micronics
Co
Ltd
764
5,480,900
(a),(d)
STARK
Corp
PCL
2
4,088
Steico
SE
124
25
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
69,984
(a)
Sterling
and
Wilson
Renewable
$
441
1,155,761
(b)
Storskogen
Group
AB
615
59,718
(b)
Sulzer
AG.
7,268
13,200
Sumiseki
Holdings,
Inc
127
868,577
Sumitomo
Corp
20,922
63,697
Sumitomo
Densetsu
Co
Ltd
1,420
227,000
Sumitomo
Heavy
Industries
Ltd
7,148
106,237
Sumitomo
Mitsui
Construction
Co
Ltd
299
76,270
Sungrow
Power
Supply
Co
Ltd
1,090
157,000
Sunonwealth
Electric
Machine
Industry
Co
Ltd
645
161,454
(a),(b)
Sunrun,
Inc
2,128
93,063
Sunwoda
Electronic
Co
Ltd
176
2,444,500
(a),(b),(d)
Superb
Summit
International
Group
Ltd
3
9,940
Suzhou
Maxwell
Technologies
Co
Ltd
147
7,605,840
(a)
Suzlon
Energy
Ltd
3,700
15,000
SWCC
Showa
Holdings
Co
Ltd
375
169,586
Sweco
AB
1,908
473,625
Ta
Ya
Electric
Wire
&
Cable
654
77,022
Tadano
Ltd
659
64,953
(a)
Taihan
Electric
Wire
Co
Ltd
495
7,343
Taihei
Dengyo
Kaisha
Ltd
224
82,953
Taikisha
Ltd
2,592
143,041
Taisei
Corp
5,214
937,000
Taiwan
Glass
Industrial
Corp
502
11,439
Takamatsu
Corp
213
28,364
Takara
Standard
Co
Ltd
359
89,641
Takasago
Thermal
Engineering
Co
Ltd
2,854
227,400
Takeuchi
Manufacturing
Co
Ltd
9,116
47,400
Takuma
Co
Ltd
589
48,667
(c)
Talgo
S.A.
236
1,197,000
(a)
Tatung
Co
Ltd
2,158
46,100
Taurus
Armas
S.A.
124
290,775
TBEA
Co
Ltd
609
38,565
TD
Power
Systems
Ltd
137
234,547
Techno
Electric
&
Engineering
Co
Ltd
2,176
3,273,969
Techtronic
Industries
Co
44,486
969,000
Teco
Electric
and
Machinery
Co
Ltd
1,729
9,186
Tega
Industries
Ltd
137
109,417
Tekfen
Holding
AS
140
163,310
Tennant
Co
19,860
84,492
Texmaco
Rail
&
Engineering
Ltd
168
50,450
Textron,
Inc
4,840
153,702
Thales
S.A.
26,203
4,210,000
(a),(b)
Theme
International
Holdings
Ltd
333
94,300
(a)
THK
Co
Ltd
2,217
17,597
(a)
Thyssenkrupp
Nucera
AG.
&
Co
KGaa
272
24,981
Timken
India
Ltd
859
44,957
Titagarh
Rail
System
Ltd
497
126,404
(a)
Titan
Machinery,
Inc
3,136
30,836
TKH
Group
NV
1,315
40,000
Toa
Corp/Tokyo
321
184,811
Tocalo
Co
Ltd
2,168
183,756
Toda
Corp
1,229
4,615
Toenec
Corp
175
76,400
TOKAI
Holdings
Corp
498
66,902
Tokyu
Construction
Co
Ltd
365
190,023
TOMRA
Systems
ASA
2,974
2,370
Top
Material
Co
Ltd
122
174,020
Toromont
Industries
Ltd
16,746
15,877
Totetsu
Kogyo
Co
Ltd
313
118,650
Toto
Ltd
3,326
224,003
Toyo
Construction
Co
Ltd
1,920
11,100
Toyo
Tanso
Co
Ltd
592
122,700
Toyota
Industries
Corp
12,838
CREF
Stock
Account
March
31,
2024
26
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
177,400
Toyota
Tsusho
Corp
$
12,182
974,548
Trane
Technologies
plc
292,559
40,100
TransDigm
Group,
Inc
49,387
172,046
Travis
Perkins
plc
1,584
471,296
Trelleborg
AB
(B
Shares)
16,853
80,878
(a)
Trex
Co,
Inc
8,068
565,780
(a)
Triumph
Group,
Inc
8,509
184,000
(a),(b)
Triumph
New
Energy
Co
Ltd
130
1,135,840
Triveni
Turbine
Ltd
7,338
31,567
Troax
Group
AB
726
35,910
Trusco
Nakayama
Corp
609
96,090
Tsubakimoto
Chain
Co
3,237
32,500
Tsugami
Corp
247
6,100
(b)
Tsurumi
Manufacturing
Co
Ltd
151
50,100
Tupy
S.A.
278
1,150,811
Turkiye
Sise
ve
Cam
Fabrikalari
AS
1,619
156,758
Tyman
plc
573
28,100
Union
Tool
Co
825
133,000
United
Integrated
Services
Co
Ltd
1,615
145,536
United
Rentals,
Inc
104,947
68,000
Ushio,
Inc
869
328,800
(a)
UWC
BHD
203
27,167
(a)
V2X,
Inc
1,269
126,415
(b)
Valmet
Oyj
3,328
15,861
(a),(b)
Varta
AG.
253
26,735
(c)
VAT
Group
AG.
13,811
606,700
Ventia
Services
Group
Pty
Ltd
1,523
485,907
Vertiv
Holdings
Co
39,684
576,987
Vestas
Wind
Systems
A.S.
16,094
5,614
Vesuvius
India
Ltd
223
204,603
Vesuvius
plc
1,276
496,725
V-Guard
Industries
Ltd
1,979
805,489
Vinci
S.A.
103,367
106,941
Volex
plc
389
4,815
Voltamp
Transformers
Ltd
559
166,293
Voltas
Ltd
2,206
56,000
Voltronic
Power
Technology
Corp
2,888
166,503
Volution
Group
plc
911
6,679
(b)
Volvo
AB
(A
Shares)
184
413,268
(b)
Volvo
AB
(B
Shares)
11,200
7,879
Vossloh
AG.
388
153,501
W.W.
Grainger,
Inc
156,157
168,050
Wabash
National
Corp
5,031
74,053
Wacker
Construction
Equipment
AG.
1,371
97,000
Waffer
Technology
Corp
312
27,000
Wakita
&
Co
Ltd
285
2,429,848
Walsin
Lihwa
Corp
2,839
435,167
Wartsila
Oyj
(B
Shares)
6,613
9,448,700
(a),(d)
Waskita
Karya
Persero
Tbk
PT
60
25,148
Watsco,
Inc
10,863
287,329
(b)
Webuild
SpA
695
1,427,850
WEG
S.A.
10,875
834,709
Weichai
Power
Co
Ltd
1,593
218,186
Weichai
Power
Co
Ltd
(Class
A)
492
907,415
Weir
Group
plc
23,179
42,930
WESCO
International,
Inc
7,353
850,598
Westinghouse
Air
Brake
Technologies
Corp
123,915
139,494
(a)
WillScot
Mobile
Mini
Holdings
Corp
6,486
59,750
Wilson
Bayly
Holmes-Ovcon
Ltd
429
125,190
Woodward
Inc
19,294
296,711
Worley
Ltd
3,239
8,118
(a)
W-Scope
Chungju
Plant
Co
Ltd
242
107,085
WSP
Global,
Inc
17,848
623,838
XCMG
Construction
Machinery
Co
Ltd
536
27
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
204,711
Xiamen
C
&
D,
Inc
$
288
159,367
Xinjiang
Goldwind
Science
&
Technology
Co
Ltd
-
A
164
267,200
(a),(b)
Xinte
Energy
Co
Ltd
358
1,211,000
Xinyi
Glass
Holdings
Co
Ltd
1,285
102,300
Xxentria
Technology
Materials
Corp
235
186,580
Xylem,
Inc
24,114
25,780
YAMABIKO
Corp
342
41,270
Yamazen
Corp
365
7,259,500
Yangzijiang
Shipbuilding
Holdings
Ltd
10,268
36,511
Yankey
Engineering
Co
Ltd
445
49,600
Yaskawa
Electric
Corp
2,112
165,274
(a),(c)
Yellow
Cake
plc
1,255
30,113
(a)
YEO
Teknoloji
Enerji
VE
Endustri
AS.
187
24,279
Yokogawa
Bridge
Holdings
Corp
468
13,552
Yuasa
Trading
Co
Ltd
474
2,369
Yunsung
F&C
Co
Ltd
147
166,100
Yurtec
Corp
1,626
7,895
(a),(b)
Zehnder
Group
AG.
523
119,663
Zhejiang
Chint
Electrics
Co
Ltd
334
19,792
Zhejiang
Dingli
Machinery
Co
Ltd
154
96,800
Zhejiang
Sanhua
Intelligent
Controls
Co
Ltd
322
66,151
Zhejiang
Weixing
New
Building
Materials
Co
Ltd
143
138,300
Zhengzhou
Yutong
Bus
Co
Ltd
359
38,825
Zhuzhou
CRRC
Times
Electric
Co
Ltd
240
205,100
Zhuzhou
CSR
Times
Electric
Co
Ltd
651
466,939
Zoomlion
Heavy
Industry
Science
and
Technology
Co
Ltd
-
A
519
TOTAL
CAPITAL
GOODS
10,472,027
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.3%
615,190
(a)
ACV
Auctions,
Inc
11,547
607,110
Adecco
S.A.
24,019
15,020
Aeon
Delight
Co
Ltd
349
68,531
AFRY
AB
1,094
276,717
(a)
Aker
Carbon
Capture
ASA
148
1,726,622
(a)
Alight,
Inc
17,007
82,890
Alpha
Financial
Markets
Consulting
plc
339
356,984
ALS
Ltd
3,052
4,187
Amadeus
Fire
AG
542
26,600
Ambipar
Participacoes
e
Empreendimentos
S
83
167,999
(d)
APM
Human
Services
International
ltd
134
103,350
Applus
Services
S.A.
1,276
361,478
Arcadis
NV
22,137
190,104
(a)
ASGN,
Inc
19,915
362,725
Automatic
Data
Processing,
Inc
90,587
13,380
Barrett
Business
Services,
Inc
1,695
183,500
BayCurrent
Consulting,
Inc
3,607
29,387
(c)
Befesa
S.A.
1,010
27,600
Bell
System24
Holdings,
Inc
287
57,406
Bilfinger
Berger
AG.
2,681
61,500
Binjiang
Service
Group
Co
Ltd
134
85,236
BLS
International
Services
Ltd
321
52,513
Booz
Allen
Hamilton
Holding
Corp
7,795
55,863
(b)
Boyd
Group
Services,
Inc
11,811
2,167,617
Brambles
Ltd
22,812
166,187
(c)
Bravida
Holding
AB
1,458
576,360
(a),(b)
BrightView
Holdings,
Inc
6,859
26,750
Brink's
Co
2,471
15,719
(b)
Brunel
International
NV
173
560,345
Bureau
Veritas
S.A.
17,109
22,839
Calian
Group
Ltd
958
1,553,645
(a)
Capita
Group
plc
259
137,560
(a)
CECO
Environmental
Corp
3,167
3,695
Cewe
Stiftung
&
Co
KGAA
410
2,301,000
China
Everbright
Environment
Group
Ltd
895
CREF
Stock
Account
March
31,
2024
28
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
39,200
(a)
Cimpress
plc
$
3,470
65,164
Cintas
Corp
44,770
38,046
(a)
Clean
Harbors,
Inc
7,659
54,000
Cleanaway
Co
Ltd
300
1,697,124
Cleanaway
Waste
Management
Ltd
3,007
115,211
CMS
Info
Systems
Ltd
540
35,530
Computer
Age
Management
Services
Ltd
1,247
452,979
Computershare
Ltd
7,716
238,751
(c)
Coor
Service
Management
Holding
AB
1,119
641,162
(a)
Copart,
Inc
37,136
241,291
(a)
CoStar
Group,
Inc
23,309
1,320,000
(a),(b),(d)
CT
Environmental
Group
Ltd
2
1,417,700
CTOS
Digital
Bhd
401
171,700
Dai
Nippon
Printing
Co
Ltd
5,258
32,700
Daiei
Kankyo
Co
Ltd
573
31,665
Daiseki
Co
Ltd
773
4,454
Danel
Adir
Yeoshua
Ltd
381
35,080
Deluxe
Corp
722
125,471
Derichebourg
596
28,564
dip
Corp
522
28,297
DKSH
Holding
AG.
1,925
5,455
DO
&
CO
AG.
814
506,493
Downer
EDI
Ltd
1,684
47,631
(a)
Driven
Brands
Holdings,
Inc
752
202,833
Dun
&
Bradstreet
Holdings,
Inc
2,036
29,098
Duskin
Co
Ltd
621
451,000
Dynagreen
Environmental
Protection
Group
Co
Ltd
161
18,137
eClerx
Services
Ltd
516
8,914
Ecopro
HN
Co
Ltd
548
30,000
ECOVE
Environment
Corp
288
336,080
Element
Fleet
Management
Corp
5,431
672,195
Elis
S.A.
15,278
22,920
en-japan,
Inc
403
218,538
Ennis,
Inc
4,482
529
Equifax,
Inc
141
500,805
(a)
ExlService
Holdings,
Inc
15,926
1,019,752
Experian
Group
Ltd
44,434
29,016
Fila
S.p.A
249
108,403
(a),(c),(d)
Finablr
plc
1
311,087
Firstsource
Solutions
Ltd
741
93,502
(a),(b)
Fiverr
International
Ltd
1,970
853,200
Frontken
Corp
Bhd
698
24,993
(a)
FTI
Consulting,
Inc
5,256
14,265
Fullcast
Co
Ltd
136
28,454
Funai
Soken
Holdings,
Inc
468
11,303
(a),(b)
GDI
Integrated
Facility
Services,
Inc
327
186,962
GFL
Environmental,
Inc
6,447
5,914
GL
Events
122
274,200
(c)
GPS
Participacoes
e
Empreendimentos
S.A.
1,133
1,244,095
Hays
plc
1,485
598,020
(a)
Healthcare
Services
Group
7,463
12,385
Hilan
Ltd
787
101,220
(a)
Huron
Consulting
Group,
Inc
9,780
74,760
ICF
International,
Inc
11,261
199,511
Indian
Railway
Catering
&
Tourism
Corp
Ltd
2,228
3,210,900
Infomart
Corp
8,771
42,012
Insource
Co
Ltd
253
41,260
Insperity,
Inc
4,522
5,264
Intertek
Group
plc
331
60,317
(b)
Intrum
Justitia
AB
141
54,454
ION
Exchange
India
Ltd
332
178,941
IPH
Ltd
735
29
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
127,409
ISS
A.S.
$
2,321
132,000
JAC
Recruitment
Co
Ltd
688
93,378
Jacobs
Solutions,
Inc
14,355
108,800
Japan
Elevator
Service
Holdings
Co
Ltd
1,777
662,539
Johnson
Service
Group
plc
1,099
183,950
KBR,
Inc
11,710
117,622
KEPCO
Plant
Service
&
Engineering
Co
Ltd
3,173
59,728
Kforce,
Inc
4,212
66,508
Kokuyo
Co
Ltd
1,088
51,000
(b)
Kosaido
Holdings
Co
Ltd
221
128,550
L&K
Engineering
Co
Ltd
910
41,370
(a)
Latent
View
Analytics
Ltd
253
515,028
Learning
Technologies
Group
plc
555
347,251
Link
Administration
Holdings
Ltd
505
40,789
(b)
Link
And
Motivation,
Inc
146
165,496
Loomis
AB
4,619
32,564
(b)
Mader
Group
Ltd
135
198,690
Maharah
Human
Resources
Co
381
7,600
(b)
Management
Solutions
Co
Ltd
107
29,681
Manpower,
Inc
2,304
65,438
(a)
Marlowe
plc
429
5,762
Matsuda
Sangyo
Co
Ltd
94
208,310
MAXIMUS,
Inc
17,477
47,042
McMillan
Shakespeare
Ltd
601
59,784
Meitec
Corp
1,156
263,651
Michael
Page
International
plc
1,493
1,034,623
Mitie
Group
1,371
20,344
Mitsubishi
Pencil
Co
Ltd
341
292,820
(a)
Montrose
Environmental
Group,
Inc
11,470
59,590
MSA
Safety,
Inc
11,536
4,343,054
My
EG
Services
Bhd
725
23,660
NICE
Information
Service
Co
Ltd
180
239,700
Nihon
M&A
Center
Holdings,
Inc
1,526
12,700
Nippon
Kanzai
Holdings
Co
Ltd
214
153,211
Nippon
Parking
Development
Co
Ltd
205
80,248
Nomura
Co
Ltd
479
46,128
Okamura
Corp
680
44,147
Open
Up
Group,
Inc
599
40,700
(a)
Orizon
Valorizacao
de
Residuos
S.A.
307
909,300
(a)
Park24
Co
Ltd
10,738
14,600
Pasona
Group,
Inc
269
136,362
Paychex,
Inc
16,745
39,208
Paycom
Software,
Inc
7,803
1,420,700
Persol
Holdings
Co
Ltd
1,987
23,042
Pilot
Corp
599
71,970
(a)
Pluxee
France
S.A.
2,127
65,627
(b)
Prestige
International,
Inc
296
333,167
(b),(c)
Prosegur
Cash
S.A.
172
145,397
(b)
Prosegur
Cia
de
Seguridad
S.A.
241
51,175
(c)
Quess
Corp
Ltd
320
721,406
(a)
Raksul,
Inc
5,160
108,786
(b)
Randstad
Holdings
NV
5,744
156,624
(b)
RB
Global,
Inc
11,929
135,731
RB
Global,
Inc
10,339
3,806,571
Recruit
Holdings
Co
Ltd
167,134
2,146,668
RELX
plc
92,576
58,186
(a)
Renewi
plc
422
4,489,503
Rentokil
Initial
plc
26,692
119,643
Republic
Services,
Inc
22,904
179,058
RITES
Ltd
1,428
70,608
Robert
Half
International,
Inc
5,598
190,884
Rollins,
Inc
8,832
CREF
Stock
Account
March
31,
2024
30
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
218,362
RWS
Holdings
plc
$
517
13,937
S1
Corp
(Korea)
633
18,552
Sato
Corp
284
32,578
Saudi
Airlines
Catering
Co
1,140
68,855
(a)
Sdiptech
AB
1,676
1,845
(b)
Seche
Environnement
S.A.
225
108,082
Secom
Co
Ltd
7,842
491,019
Securitas
AB
(B
Shares)
5,062
3,212,492
Serco
Group
plc
7,692
34,468
(a),(b)
SGS
S.A.
3,346
48,935
Shanghai
M&G
Stationery,
Inc
240
100,500
(a),(d)
Shanghai
Youngsun
Investment
Co
Ltd
1
34,894
(a)
SIS
Ltd
172
102,415
Smart
Metering
Systems
plc
1,231
104,963
SmartGroup
Corp
Ltd
665
58,287
SMS
Co
Ltd
1,002
32,228
Societe
BIC
S.A.
2,303
300,500
Sohgo
Security
Services
Co
Ltd
1,632
822,087
SPIE
S.A.
30,903
63,000
Sporton
International,
Inc
507
547,370
Steelcase,
Inc
(Class
A)
7,160
1,028
(a)
Stericycle,
Inc
54
93,522
Sthree
plc
508
4,560
(a)
Sungeel
Hitech
Co
Ltd
310
48,350
Sunny
Friend
Environmental
Technology
Co
Ltd
148
196,000
Taiwan
Secom
Co
Ltd
744
140,000
Taiwan-Sogo
Shinkong
Security
Corp
180
18,773
Takkt
AG.
271
10,648
(a)
TeamLease
Services
Ltd
351
976,354
TechnoPro
Holdings,
Inc
19,555
67,184
Teleperformance
6,526
56,568
(a)
TELUS
International
CDA,
Inc
479
69,172
Tetra
Tech,
Inc
12,777
148,156
Thomson
Reuters
Corp
23,057
19,443
Tinexta
Spa
399
76,240
TKC
1,871
193,900
Toppan
Printing
Co
Ltd
4,860
18,261
(a)
Trans
Cosmos,
Inc/Japan
373
931
TransUnion
74
38,800
TRE
Holdings
Corp
309
112,647
TriNet
Group,
Inc
14,925
1,231,830
(a),(b)
Upwork,
Inc
15,102
26,099
UT
Group
Co
Ltd
613
948,643
Veralto
Corp
84,107
483,721
Verisk
Analytics,
Inc
114,028
243,700
Vestis
Corp
4,696
56,060
(a)
Viad
Corp
2,214
111,900
(a)
Visional,
Inc
7,180
377,279
Waste
Connections,
Inc
64,896
459,881
Waste
Management,
Inc
98,024
19,200
WDB
Holdings
Co
Ltd
292
19,700
Weathernews,
Inc
665
297,666
Wolters
Kluwer
NV
46,611
231,000
(a),(d)
Youyuan
International
Holdings
Ltd
0
^
74,060
Zhejiang
Weiming
Environment
Protection
Co
Ltd
187
82,000
(a),(b)
Zonqing
Environmental
Ltd
269
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
1,681,104
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
4.8%
27,010
Aaron's
Co,
Inc
203
81,600
ABC-Mart,
Inc
1,547
226,420
(a)
Abercrombie
&
Fitch
Co
(Class
A)
28,377
31
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
22,145
(a),(b)
About
You
Holding
SE
$
103
2,800,187
Abu
Dhabi
National
Oil
Co
for
Distribution
PJSC
2,776
248,682
Academy
Sports
&
Outdoors,
Inc
16,796
286,095
Accent
Group
Ltd
378
6,071,700
ACE
Hardware
Indonesia
Tbk
PT
337
20,230
Adastria
Holdings
Co
Ltd
514
44,643
Advance
Auto
Parts,
Inc
3,799
94,574
Ali
Alghanim
Sons
Automotive
Co
KSCC
358
29,303,941
Alibaba
Group
Holding
Ltd
264,990
441,027
(a),(c)
Allegro.eu
S.A.
3,652
11,190
Alpen
Co
Ltd
148
85,510
AlSaif
Stores
For
Development
&
Investment
Co
253
17,549,196
(a)
Amazon.com,
Inc
3,165,524
237,703
(a)
AO
World
plc
302
124,700
AOKI
Holdings,
Inc
923
25,000
Aoyama
Trading
Co
Ltd
277
22,644
Arata
Corp
481
43,976
(b)
Arc
Land
Sakamoto
Co
Ltd
514
65,363
(a)
Aritzia,
Inc
1,805
57,317
Arvind
Fashions
Ltd
312
22,700
(a)
Asbury
Automotive
Group,
Inc
5,352
667,728
ASKUL
Corp
9,723
42,262
(a),(b)
ASOS
plc
204
450,000
Aurora
Design
PCL
170
58,206
Auto
Partner
S.A.
390
82,297
(a),(c)
Auto1
Group
SE
389
113,388
(b)
Autobacs
Seven
Co
Ltd
1,184
17,740
(a),(b)
AutoCanada,
Inc
352
14,190
Autohellas
Tourist
and
Trading
S.A.
204
21,015
(a)
Autonation,
Inc
3,480
12,918
(a)
Autozone,
Inc
40,713
1,761,219
B&M
European
Value
Retail
S.A.
12,142
1,566,385
(a),(b)
Baozun,
Inc
(ADR)
3,603
1,553,976
Bapcor
Ltd
6,389
162,400
Bath
&
Body
Works,
Inc
8,123
30,005
Belluna
Co
Ltd
122
1,902,400
Bermaz
Auto
Bhd
961
143,977
Best
Buy
Co,
Inc
11,810
75,000
(b)
BIC
CAMERA,
Inc
635
44,099
(b)
Bilia
AB
565
750,974
(a),(b)
boohoo
Group
plc
341
41,443
(a),(c)
Boozt
AB
544
537,000
(a),(b),(d)
Boshiwa
International
Holding
Ltd
1
50,923,700
(a)
Bukalapak.com
PT
Tbk
488
119,395
(a)
Burlington
Stores,
Inc
27,722
45,054
(b)
Canadian
Tire
Corp
Ltd
4,494
118,389
(a),(b)
Carmax,
Inc
10,313
562,213
(a),(b)
CarParts.com,
Inc
911
60,300
(a),(b)
Carvana
Co
5,301
119,900
Cato
Corp
(Class
A)
692
105,919
(a)
Ceconomy
AG
212
1,497,665
Central
Retail
Corp
PCL
1,479
206,498
(a)
Cettire
Ltd
545
500,000
(b)
China
Meidong
Auto
Holdings
Ltd
193
161,000
China
Tobacco
International
HK
Co
Ltd
213
103,400
(b),(c)
China
Tourism
Group
Duty
Free
Corp
Ltd
1,032
98,941
China
Tourism
Group
Duty
Free
Corp
Ltd
1,182
1,876,600
Chow
Tai
Fook
Jewellery
Group
Ltd
2,771
34,267
Clas
Ohlson
AB
(B
Shares)
464
712,200
Com7
PCL
(Foreign)
369
818,349
(a)
Coupang,
Inc
14,558
8,505
Cuckoo
Homesys
Co
Ltd
143
CREF
Stock
Account
March
31,
2024
32
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
812,702
Currys
plc
$
623
83,846
DCM
Holdings
Co
Ltd
811
44,565
Delek
Automotive
Systems
Ltd
271
21,126
Dieteren
S.A.
4,684
995,077
Dogan
Sirketler
Grubu
Holdings
412
45,901
Dogus
Otomotiv
Servis
ve
Ticaret
AS
445
803,569
Dohome
PCL
240
834,522
Dollarama,
Inc
63,574
833,348
Don
Quijote
Co
Ltd
22,085
15,500
Doshisha
Co
Ltd
214
226,498
(a)
Dufry
Group
9,431
95,647
Dunelm
Group
plc
1,370
116,483
Eagers
Automotive
Ltd
1,075
50,378
(b)
EDION
Corp
507
61,382
(a)
Electronics
Mart
India
Ltd
142
7,146,100
Erajaya
Swasembada
Tbk
PT
194
5,129
(a)
Ethos
Ltd
159
89,390
(a)
Etsy,
Inc
6,143
128,467
(c)
Europris
ASA
925
553,000
Far
Eastern
Department
Stores
Co
Ltd
513
136,465
Fast
Retailing
Co
Ltd
42,280
5,899
(a),(b)
Fastned
BV
164
38,123
(a)
Fawaz
Abdulaziz
Al
Hokair
&
Co
171
19,918
Fielmann
AG.
915
7,114
(a)
Five
Below,
Inc
1,290
13,351
(a)
Floor
&
Decor
Holdings,
Inc
1,731
9,035
(b)
Fnac
Darty
SA
283
261,039
Foschini
Ltd
1,372
6,386
Fox
Wizel
Ltd
597
92,111
(a)
Frasers
Group
plc
945
200,844
(a),(b)
GameStop
Corp
(Class
A)
2,515
814,728
Gap,
Inc
22,446
27,926
Genuine
Parts
Co
4,327
16,700
(b)
Geo
Holdings
Corp
210
832,000
Giordano
International
Ltd
219
97,673
(a)
Global-e
Online
Ltd
3,550
21,560
(a)
Go
Fashion
India
Ltd
312
703,783,800
(a)
GoTo
Gojek
Tokopedia
Tbk
PT
3,064
18,620
Group
1
Automotive,
Inc
5,441
50,300
Grupo
SBF
S.A.
130
51,100
Gulliver
International
Co
Ltd
352
158,458
Halfords
Group
plc
320
451,956
(b)
Harvey
Norman
Holdings
Ltd
1,517
21,239
Hennes
&
Mauritz
AB
(B
Shares)
346
310,200
HLA
Corp
Ltd
377
1,456,321
Home
Depot,
Inc
558,645
4,381,467
Home
Product
Center
PCL
1,287
15,369
Hornbach
Holding
AG.
&
Co
KGaA
1,235
253,591
Hotai
Motor
Co
Ltd
5,125
21,688
Hotel
Shilla
Co
Ltd
976
10,147
Hyundai
Department
Store
Co
Ltd
391
3,902
Hyundai
Home
Shopping
Network
Corp
151
2,160,066
Inchcape
plc
19,776
422,657
Industria
de
Diseno
Textil
S.A.
21,283
274,000
(b)
Isetan
Mitsukoshi
Holdings
Ltd
4,447
24,200
Izumi
Co
Ltd
555
199,300
J
Front
Retailing
Co
Ltd
2,214
493,743
Jarir
Marketing
Co
1,935
88,573
JB
Hi-Fi
Ltd
3,708
85,071
JD
Sports
Fashion
plc
145
10,365,880
JD.com,
Inc
142,187
2,843,489
JD.com,
Inc
(ADR)
77,883
33
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
11,142
JINS
Holdings,
Inc
$
316
8,720
Joshin
Denki
Co
Ltd
133
37,374
Joyful
Honda
Co
Ltd
538
98,886
JUMBO
S.A.
2,848
13,450
K
Car
Co
Ltd
137
70,649
Kingfisher
plc
222
5,500
Kintetsu
Department
Store
Co
Ltd
86
18,405
Kohnan
Shoji
Co
Ltd
531
22,152
Komeri
Co
Ltd
505
114,828
K's
Holdings
Corp
987
19,418
Leon's
Furniture
Ltd
324
20,154
Lithia
Motors,
Inc
(Class
A)
6,064
53,106
LKQ
Corp
2,836
766,180
Lojas
Renner
S.A.
2,594
8,510
Lotte
Shopping
Co
Ltd
465
49,465
(b)
Lovisa
Holdings
Ltd
1,075
825,096
Lowe's
Cos,
Inc
210,177
671,561
Luk
Fook
Holdings
International
Ltd
1,841
3,434,994
(a)
Magazine
Luiza
S.A.
1,233
6,895,000
Map
Aktif
Adiperkasa
PT
454
27,660
Matas
A.S.
469
101,370
Mekonomen
AB
1,142
58,824
(a)
Mercadolibre,
Inc
88,940
381,300
(a)
Mercari,
Inc
4,874
336,800
MINISO
Group
Holding
Ltd
1,739
6,657,100
Mitra
Adiperkasa
Tbk
PT
764
38,214
(b)
Mobilezone
Holding
AG.
630
200,068
(a)
Moonpig
Group
plc
427
126,479
Motus
Holdings
Ltd
584
2,087,600
(c)
MR
DIY
Group
M
Bhd
662
201,893
Mr
Price
Group
Ltd
1,851
32,644
Murphy
USA,
Inc
13,684
8,300
(b)
Nafco
Co
Ltd
142
159,322
Naspers
Ltd
28,243
3,970
Next
plc
463
37,720
(b)
Nextage
Co
Ltd
714
60,965
Nick
Scali
Ltd
612
27,435
(b)
Nishimatsuya
Chain
Co
Ltd
436
64,943
Nitori
Co
Ltd
9,842
46,224
Nojima
Corp
516
168,400
Nordstrom,
Inc
3,413
101,000
North-Star
International
Co
Ltd
175
45,940
(a)
Ollie's
Bargain
Outlet
Holdings,
Inc
3,655
44,203
(a)
O'Reilly
Automotive,
Inc
49,900
59,677
(a),(b),(d)
Ozon
Holdings
plc
(ADR)
1
262,800
Padini
Holdings
Bhd
189
38,256
Pal
Co
Ltd
651
606,815
PALTAC
Corp
16,134
15,000
Pan
German
Universal
Motors
Ltd
149
996,593
(a)
PDD
Holdings,
Inc
(ADR)
115,854
14,314
Penske
Auto
Group,
Inc
2,319
133,474
(a),(c)
Pepco
Group
NV
602
1,620,829
(c)
Pepkor
Holdings
Ltd
1,615
282,600
Pet
Center
Comercio
e
Participacoes
S.A.
245
28,816
(b)
Pet
Valu
Holdings
Ltd
674
71,481
(a)
Petco
Health
&
Wellness
Co,
Inc
163
353,902
Pets
at
Home
Group
PLC
1,199
28,371
Pool
Corp
11,448
444,200
(c)
Pop
Mart
International
Group
Ltd
1,635
37,076
Poya
International
Co
Ltd
577
415,288
Premier
Investments
Ltd
8,878
1,445,946
Prosus
NV
45,259
CREF
Stock
Account
March
31,
2024
34
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
720,600
PTG
Energy
PCL
(Foreign)
$
168
2,970,800
PTT
Oil
&
Retail
Business
PCL
1,441
33,436
Puuilo
Oyj
357
308,900
(a)
Rakuten,
Inc
1,753
301,230
(a)
RattanIndia
Enterprises
Ltd
251
19,535
(a)
Redtape
Ltd
155
15,735
Retailors
Ltd
385
58,240
(a)
RH
20,283
140,539
Ross
Stores,
Inc
20,625
33,245
(a)
Rusta
AB
262
43,914
Rvrc
Holding
AB
280
205,300
Ryohin
Keikaku
Co
Ltd
3,360
728,768
(a)
SACI
Falabella
1,913
128,100
Sanrio
Co
Ltd
2,465
12,964
(a)
Saregama
India
Ltd
6
23,904
Saudi
Automotive
Services
Co
514
20,302
(a)
Saudi
Co
For
Hardware
CJSC
204
810,984
(a),(b)
Savers
Value
Village,
Inc
15,636
34,781
Seria
Co
Ltd
688
198,804
Shanghai
Yuyuan
Tourist
Mart
Group
Co
Ltd
165
35,200
Shimamura
Co
Ltd
2,007
6,141
Shinsegae
Co
Ltd
777
8,588
Shinsegae
International,
Inc
114
31,534
(a)
Shoppers
Stop
Ltd
286
933,600
(a)
Siam
Global
House
PCL
428
28,122
(b),(c)
Sleep
Country
Canada
Holdings,
Inc
621
67,600
Sonic
Automotive,
Inc
(Class
A)
3,849
830,500
(a)
Stitch
Fix,
Inc
2,193
514,580
Super
Group
Ltd
698
129,936
Super
Retail
Group
Ltd
1,364
51,535
Synsam
AB
280
2,579
Tadiran
Group
Ltd
208
112,151
(b)
Takashimaya
Co
Ltd
1,791
12,869
Telepark
Corp
173
63,550
(a)
Temple
&
Webster
Group
Ltd
544
5,988
Thanga
Mayil
Jewellery
Ltd
93
1,410,091
(a),(b)
THG
plc
1,229
2,894,083
TJX
Cos,
Inc
293,518
38,927
(b)
Tokmanni
Group
Corp
637
26,222,489
(c)
Topsports
International
Holdings
Ltd
17,587
84,241
Tractor
Supply
Co
22,048
156,282
Trent
Ltd
7,418
299,436
(b)
Truworths
International
Ltd
1,207
36,284
(a)
Ulta
Beauty,
Inc
18,972
531,099
(b)
United
Arrows
Ltd
6,853
29,296
United
Electronics
Co
746
462,240
(a)
Urban
Outfitters,
Inc
20,070
87,000
USS
Co
Ltd
719
155,157
(a)
Valvoline,
Inc
6,915
975,472
Vibra
Energia
S.A.
4,864
301,302
Vipshop
Holdings
Ltd
(ADR)
4,987
9,315
V-Mart
Retail
Ltd
241
49,488
VT
Holdings
Co
Ltd
175
462,810
(a)
Warby
Parker,
Inc
6,299
200,078
(a),(c)
Watches
of
Switzerland
Group
plc
905
126,249
(a),(b)
Wayfair,
Inc
8,570
908,888
Wesfarmers
Ltd
40,514
658,998
WH
Smith
plc
10,975
187,602
Wickes
Group
plc
367
1,180,800
(a)
Wilcon
Depot,
Inc
373
8,187
Williams-Sonoma,
Inc
2,600
802,236
(b)
Woolworths
Holdings
Ltd
2,508
35
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
305,400
(b)
Workman
Co
Ltd
$
8,041
229,083
Wuchan
Zhongda
Group
Co
Ltd
139
600,000
Xinhua
Winshare
Publishing
and
Media
Co
Ltd
629
474,000
Yamada
Denki
Co
Ltd
1,373
22,733
Yellow
Hat
Ltd
298
895,069
(a),(c)
Zalando
SE
25,595
134,200
Zhejiang
China
Commodities
City
Group
Co
Ltd
163
785,072
Zhongsheng
Group
Holdings
Ltd
1,364
28,800
(b)
ZOZO,
Inc
715
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
5,986,269
CONSUMER
DURABLES
&
APPAREL
-
1.9%
756,000
361
Degrees
International
Ltd
445
234,740
Adidas-Salomon
AG.
52,448
273,352
(a)
Aditya
Birla
Fashion
and
Retail
Ltd
676
77,720
Aksa
Akrilik
Kimya
Sanayii
AS.
239
139,809
Alaseel
Co
180
18,000
Alexander
Marine
Co
Ltd
218
974,579
(a)
Alok
Industries
Ltd
304
143,400
(a)
Alpargatas
S.A.
272
13,762
(a)
Amber
Enterprises
India
Ltd
605
537,355
Anta
Sports
Products
Ltd
5,730
55,900
Arezzo
Industria
e
Comercio
S.A.
716
53,161
Ariston
Holding
NV
299
80,077
Arvind
Ltd
260
127,473
Asics
Corp
6,034
64,379
(a)
Azorim-Investment
Development
&
Construction
Co
Ltd
330
148,428
Bajaj
Electricals
Ltd
1,617
123,800
Bandai
Namco
Holdings,
Inc
2,297
36,184
Barratt
Developments
plc
217
52,226
Bata
India
Ltd
856
3,225
Beijing
Roborock
Technology
Co
Ltd
153
92,545
Bellway
plc
3,104
26,884
(b)
Beneteau
S.A.
396
3,967
Berkeley
Group
Holdings
plc
238
959,268
(a),(b)
BK
LC
Lux
Finco
2
Sarl
45,325
29,001
(a)
Borosil
Ltd
125
3,598,472
Bosideng
International
Holdings
Ltd
1,800
256,715
Bovis
Homes
Group
plc
3,986
75,010
Breville
Group
Ltd
1,344
30,691
(b)
BRP,
Inc
2,061
26,876
Brunello
Cucinelli
S.p.A
3,072
51,088
Brunswick
Corp
4,931
11,989
Burberry
Group
plc
183
6,077,715
Cairn
Homes
plc
10,463
7,881,885
Cairn
Homes
plc
13,574
1,013,152
(a)
Callaway
Golf
Co
16,383
58,262
(a)
Campus
Activewear
Ltd
150
40,714
(a),(b)
Canada
Goose
Holdings,
Inc
491
100,333
(a)
Capri
Holdings
Ltd
4,545
23,000
Carter's,
Inc
1,948
157,900
(a),(b)
Casio
Computer
Co
Ltd
1,364
30,932
(a)
CCC
S.A.
553
14,805
(a)
Cello
World
Pvt
Ltd
138
105,500
(b)
Chervon
Holdings
Ltd
265
481,000
China
Lilang
Ltd
305
14,900
Chofu
Seisakusho
Co
Ltd
212
249,357
Chow
Sang
Sang
Hldg
265
744,111
Cie
Financiere
Richemont
S.A.
113,284
956,000
(a)
Citychamp
Watch
&
Jewellery
Group
Ltd
123
1,327,535
Coats
Group
plc
1,359
46,163
Coway
Co
Ltd
1,930
CREF
Stock
Account
March
31,
2024
36
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
189,907
Crest
Nicholson
Holdings
plc
$
463
44,419
(a)
Crocs,
Inc
6,387
2,199,454
Crompton
Greaves
Consumer
Electricals
Ltd
7,076
94,900
Cury
Construtora
e
Incorporadora
S.A.
385
230,500
Cyrela
Brazil
Realty
S.A.
1,146
11,200
Daiwa
Seiko,
Inc
149
4,872
Danya
Cebus
Ltd
125
16,314
(a)
Deckers
Outdoor
Corp
15,356
60,139
De'Longhi
S.p.A.
2,080
7,817
Delta
Galil
Ltd
344
28,602
Descente
Ltd
645
13,248
DI
Dong
Il
Corp
264
92,700
Direcional
Engenharia
S.A.
474
24,685
Dixon
Technologies
India
Ltd
2,224
310,231
DR
Horton,
Inc
51,049
457,878
Dr.
Martens
PLC
508
211,640
(a),(b)
Dream
Finders
Homes,
Inc
9,255
1,362,869
Eclat
Textile
Co
Ltd
23,309
21,600
Ecovacs
Robotics
Co
Ltd
106
1,830
Einhell
Germany
AG.
302
8,296
Electra
Consumer
Products
1970
Ltd
188
173,384
(b)
Electrolux
AB
1,548
537,966
(b)
Ermenegildo
Zegna
NV
7,881
37,257
ES-Con
Japan
Ltd
250
93,600
Ez
Tec
Empreendimentos
e
Participacoes
S.A.
304
10,153
F&F
Co
Ltd
541
2,368,451
Feng
TAY
Enterprise
Co
Ltd
11,687
58,442
(a)
Ferretti
S.p.A
200
24,654
(a),(d)
FF
Group
0
^
24,000
(b)
Fields
Corp
279
35,729
Fila
Holdings
Corp
1,018
548,000
Formosa
Taffeta
Co
Ltd
378
339,999
(a),(b),(d)
Fuguiniao
Co
Ltd
0
^
50,021
(b)
Fujitsu
General
Ltd
619
110,000
Fulgent
Sun
International
Holding
Co
Ltd
421
66,000
Fusheng
Precision
Co
Ltd
486
37,873
Games
Workshop
Group
plc
4,799
56,385
(a)
Garmin
Ltd
8,394
8,937
Garware
Technical
Fibres
Ltd
357
233,000
Giant
Manufacturing
Co
Ltd
1,638
37,670
(a)
G-III
Apparel
Group
Ltd
1,093
133,311
Gildan
Activewear,
Inc
4,947
294,174
(a),(c)
Glenveagh
Properties
plc
397
2,529,425
(a),(c)
Glenveagh
Properties
plc
(London)
3,425
638,270
GN
Store
Nord
16,882
35,591
Gokaldas
Exports
Ltd
302
736,000
(a),(b)
Golden
Solar
New
Energy
Technology
Holdings
Ltd
498
17,247
(b)
Goldwin,
Inc
1,098
3,002
GOLFZON
Co
Ltd
189
75,700
Gree
Electric
Appliances,
Inc
of
Zhuhai
411
241,300
Grendene
S.A.
318
413,800
GRUPO
DE
MODA
SOMA
S.A.
628
10,718
Gunze
Ltd
385
1,022,201
Haier
Smart
Home
Co
Ltd
3,181
166,607
Haier
Smart
Home
Co
Ltd
579
7,881
Handsome
Co
Ltd
117
55,500
Hang
Zhou
Great
Star
Industrial
Co
Ltd
188
46,205
Hangzhou
Robam
Appliances
Co
Ltd
153
12,552
Hansae
Co
Ltd
186
5,846
Hanssem
Co
Ltd
213
98,150
Hasbro,
Inc
5,547
195,272
Haseko
Corp
2,416
37
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
18,335
Hermes
International
$
46,860
88,100
Hisense
Visual
Technology
Co
Ltd
288
466,000
(a),(d)
HOSA
International
Ltd
1
156,451
Hugo
Boss
AG.
9,221
129,400
(b)
Iida
Group
Holdings
Co
Ltd
1,675
75,375
Indo
Count
Industries
Ltd
321
124,000
Installed
Building
Products,
Inc
32,083
35,010
Japan
Wool
Textile
Co
Ltd
336
34,984
Jason
Furniture
Hangzhou
Co
Ltd
176
48,066
(a),(b)
JM
AB
983
617,000
JNBY
Design
Ltd
1,160
70,000
Johnson
Health
Tech
Co
Ltd
157
1,155,500
(c)
JS
Global
Lifestyle
Co
Ltd
213
118,400
JVC
KENWOOD
Holdings,
Inc
729
184,012
Kalyan
Jewellers
India
Ltd
946
8,660
(b)
Kaufman
&
Broad
S.A.
252
378,154
Kering
149,780
828,000
Kinpo
Electronics
393
6,700
Ki-Star
Real
Estate
Co
Ltd
166
38,000
KMC
Kuei
Meng
International,
Inc
168
78,600
Kontoor
Brands,
Inc
4,736
73,551
KPR
Mill
Ltd
736
45,018
LA
Opala
RG
Ltd
161
58,650
(a)
Landsea
Homes
Corp
852
127,437
Leggett
&
Platt,
Inc
2,440
181,371
Lennar
Corp
(Class
A)
31,192
9,369
Lennar
Corp
(Class
B)
1,445
167,591
(b)
Levi
Strauss
&
Co
3,350
91,720
LG
Electronics,
Inc
6,593
993,121
Li
Ning
Co
Ltd
2,649
924
LPP
S.A.
3,537
169,427
(a)
Lululemon
Athletica,
Inc
66,187
384,941
LVMH
Moet
Hennessy
Louis
Vuitton
S.A.
346,368
178,000
Makalot
Industrial
Co
Ltd
2,033
1,290,984
Man
Wah
Holdings
Ltd
912
6,442
(a),(d)
Mariella
Burani
S.p.A.
0
^
28,747
Marimekko
Oyj
386
262,180
(a)
Mattel,
Inc
5,194
238,568
(c)
Mavi
Giyim
Sanayi
Ve
Ticaret
AS.
520
41,648
Maytronics
Ltd
414
355,000
Merida
Industry
Co
Ltd
2,356
147,881
Merry
Electronics
Co
Ltd
548
185,900
Midea
Group
Co
Ltd
1,662
55,979
MIPS
AB
1,834
14,100
Mizuno
Corp
589
39,550
(a)
Mohawk
Industries,
Inc
5,177
1,555,183
Moncler
S.p.A
116,049
325,700
(a)
MRV
Engenharia
e
Participacoes
S.A.
506
5,800
(b)
Nagawa
Co
Ltd
292
19,486
(c)
Neinor
Homes
S.A.
214
71,678
(b)
New
Wave
Group
AB
857
259,115
Newell
Rubbermaid,
Inc
2,081
136,448
Nien
Made
Enterprise
Co
Ltd
1,512
1,660,206
Nike,
Inc
(Class
B)
156,026
348,100
(b)
Nikon
Corp
3,524
10,764
(a)
NVR,
Inc
87,188
1,769,866
(a),(b)
On
Holding
AG.
62,618
85,300
Onward
Kashiyama
Co
Ltd
303
56,300
Open
House
Group
Co
Ltd
1,821
20,832
Oppein
Home
Group,
Inc
185
126,391
Orient
Electric
Ltd
293
593,177
(b),(c)
OVS
S.p.A
1,560
CREF
Stock
Account
March
31,
2024
38
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
4,665
Page
Industries
Ltd
$
1,930
1,771,200
Panasonic
Corp
16,904
2,789
Pandora
A.S.
450
17,691
PDS
Ltd
101
402,000
(a),(d)
Peace
Mark
Holdings
Ltd
1
254,217
(a),(b)
Peloton
Interactive,
Inc
1,089
10,486
Persimmon
plc
174
20,656
(a),(d)
PIK
Group
(GDR)
0
^
40,136
Polaris
Industries,
Inc
4,018
1,844,006
Pou
Chen
Corp
2,087
7,897,656
PRADA
S.p.A
62,663
22,485
(b)
Pressance
Corp
263
299,662
Pulte
Homes,
Inc
36,145
3,932
Puma
AG.
Rudolf
Dassler
Sport
178
428,000
(b)
Q
Technology
Group
Co
Ltd
165
44,000
Quang
Viet
Enterprise
Co
Ltd
152
50,297
Rajesh
Exports
Ltd
159
22,000
Ralph
Lauren
Corp
4,131
25,195
Raymond
Ltd
548
204,512
Redrow
plc
1,718
96,357
Relaxo
Footwears
Ltd
945
77,700
Rinnai
Corp
1,784
9,500
Roland
Corp
290
499,027
Ruentex
Industries
Ltd
930
13,628
Safari
Industries
India
Ltd
282
208,136
(a),(b)
Safilo
Group
S.p.A.
270
50,013
(b)
Salvatore
Ferragamo
S.p.A
608
122,124
Sangetsu
Co
Ltd
2,669
805,500
Sankyo
Co
Ltd
8,799
9,954
Sanlorenzo
S.p.A
453
24,866
SEB
S.A.
3,181
123,200
Sega
Sammy
Holdings,
Inc
1,522
24,800
Seiko
Holdings
Corp
668
297,600
Sekisui
Chemical
Co
Ltd
4,354
986,400
Sekisui
House
Ltd
22,468
217,600
(a),(b)
Sharp
Corp
1,212
30,636
(a)
Sheela
Foam
Ltd
347
722,938
Shenzhou
International
Group
Holdings
Ltd
6,863
61,599
Shimano,
Inc
9,164
300,600
Sichuan
Changhong
Electric
Co
Ltd
228
1,037,504
Skyworth
Group
Ltd
393
238,900
(a)
Sonos,
Inc
4,553
3,164,622
Sony
Corp
271,369
88,899
(c)
Spin
Master
Corp
2,275
428,500
Stella
International
Holdings
Ltd
683
472,254
Steven
Madden
Ltd
19,967
124,097
Sumitomo
Forestry
Co
Ltd
3,914
86,328
Swan
Energy
Ltd
693
1,276
(b)
Swatch
Group
AG.
298
14,878
Symphony
Ltd
152
1,003,000
Tainan
Spinning
Co
Ltd
481
175,000
Taiwan
Paiho
Ltd
314
13,700
Tama
Home
Co
Ltd
406
14,800
Tamron
Co
Ltd
658
211,508
Tapestry,
Inc
10,042
279,100
(a)
Taylor
Morrison
Home
Corp
17,352
13,771,877
Taylor
Wimpey
plc
23,810
821,000
TCL
Electronics
Holdings
Ltd
297
105,233
(c)
Technogym
S.p.A
1,044
124,599
Tempur
Sealy
International,
Inc
7,080
1,665,000
Texhong
International
Group
Ltd
912
83,654
(c)
Thule
Group
AB
2,522
39
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
291,662
Titan
Co
Ltd
$
13,332
7,920
(a),(b)
Tod's
S.p.A.
367
5,490
Token
Corp
382
77,716
Toll
Brothers,
Inc
10,054
66,101
Tomy
Co
Ltd
1,207
52,391
(a)
TopBuild
Corp
23,090
41,000
Topkey
Corp
249
521,050
(a),(b)
Traeger,
Inc
1,318
420,300
(a)
Tri
Pointe
Homes,
Inc
16,249
1,051,807
Trident
Ltd
463
44,648
TTK
Prestige
Ltd
360
154,460
(a)
Under
Armour,
Inc
(Class
A)
1,140
1,071,192
(a)
Under
Armour,
Inc
(Class
C)
7,648
310,443
Universal
Entertainment
Corp
3,950
47,259
Vaibhav
Global
Ltd
207
82,419
Vardhman
Textiles
Ltd
438
323,152
Vestel
Beyaz
Esya
Sanayi
ve
Ticaret
AS
191
125,384
(a)
Vestel
Elektronik
Sanayi
ve
Ticaret
AS.
330
33,430
(a),(b)
Victoria
plc
112
52,655
VIP
Industries
Ltd
332
3,168,000
(a),(b)
Viva
Goods
Company
Ltd
300
100,900
Vivara
Participacoes
S.A.
511
454,109
(a)
Vizio
Holding
Corp
4,968
74,700
Vulcabras
Azaleia
S.A.
258
2,428
(a),(b)
V-ZUG
Holding
AG.
161
33,213
Wacoal
Holdings
Corp
811
170,540
Welspun
India
Ltd
282
184,917
Whirlpool
Corp
22,122
28,916
Whirlpool
of
India
Ltd
423
1,053,500
Xtep
International
Holdings
Ltd
654
519,600
Yamaha
Corp
11,215
328,130
(a)
YETI
Holdings,
Inc
12,649
107,409
(b)
YIT
Oyj
225
45,300
Yonex
Co
Ltd
331
17,645
Youngone
Corp
531
4,197
Youngone
Holdings
Co
Ltd
269
651,500
Yue
Yuen
Industrial
Holdings
916
37,613
Zhejiang
Supor
Co
Ltd
298
29,400
Zojirushi
Corp
279
TOTAL
CONSUMER
DURABLES
&
APPAREL
2,394,159
CONSUMER
SERVICES
-
3.0%
283,912
888
Holdings
plc
315
289,865
(c)
AcadeMedia
AB
1,314
593,424
Accor
S.A.
27,705
192,283
ADT,
Inc
1,292
281,699
(a)
Airbnb,
Inc
46,469
10,000
(a),(b)
Airtrip
Corp
108
6,789
Alamar
Foods
169
1,911,238
(a)
Alsea
SAB
de
C.V.
9,424
929,642
Amadeus
IT
Holding
S.A.
59,680
109,000
Ambassador
Hotel
208
2,199,096
Americana
Restaurants
International
plc
1,970
160,207
(a)
AmRest
Holdings
SE
979
47,786
(a)
Ananti,
Inc
228
702,822
Aramark
22,856
8,812,494
(e)
Arcos
Dorados
Holdings,
Inc
97,995
476,778
Aristocrat
Leisure
Ltd
13,350
5,172,368
Asset
World
Corp
PCL
586
16,650
Ataa
Educational
Co
327
93,700
(a),(b)
Atom
Corp
564
244,781
(a),(b)
Auction
Technology
Group
plc
1,909
CREF
Stock
Account
March
31,
2024
40
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
29,000
Bafang
Yunji
International
Co
Ltd
$
154
42,995
(a),(b),(c)
Basic-Fit
NV
959
787,921
Berjaya
Sports
Toto
BHD
231
96,232
Betsson
AB
952
2,924,900
(a)
Bloomberry
Resorts
Corp
574
110,872
Booking
Holdings,
Inc
402,230
38,130
Bowlero
Corp
522
239,032
Boyd
Gaming
Corp
16,092
42,964
(a)
Bright
Horizons
Family
Solutions,
Inc
4,870
152,564
(a)
Brinker
International,
Inc
7,579
974,000
Cafe
de
Coral
Holdings
Ltd
998
329,435
Cairo
Investment
&
Real
Estate
Development
Co
SAE
85
3,623,030
(a)
Carnival
Corp
59,200
545,006
(a)
Carnival
plc
7,945
109,370
Carrols
Restaurant
Group,
Inc
1,040
35,413
(a),(b)
Cava
Group,
Inc
2,481
377,500
(a)
Central
Plaza
Hotel
PCL
448
65,027
(a)
Chalet
Hotels
Ltd
691
257,730
(b)
Cheesecake
Factory
9,317
144,000
China
Chunlai
Education
Group
Co
Ltd
89
491,000
(c)
China
East
Education
Holdings
Ltd
151
5,893,200
China
Education
Group
Holdings
Ltd
3,158
3,886,000
(c)
China
New
Higher
Education
Group
Ltd
1,133
1,836,000
China
Travel
International
Inv
HK
308
61,177
(a)
Chipotle
Mexican
Grill,
Inc
(Class
A)
177,827
28,000
Choice
Hotels
International,
Inc
3,538
49,000
(a)
Chuy's
Holdings,
Inc
1,653
32,464
Cie
des
Alpes
473
1,569,900
(a)
Cogna
Educacao
S.A.
739
1,666,212
Collins
Foods
Ltd
11,011
57,700
(b)
Colowide
Co
Ltd
819
2,510,783
Compass
Group
plc
73,648
100,886
Corporate
Travel
Management
Ltd
1,116
95,600
(b)
Create
Restaurants
Holdings,
Inc
652
30,200
Curves
Holdings
Co
Ltd
159
139,478
Dadi
Early-Childhood
Education
Group
Ltd
130
583,215
Dalata
Hotel
Group
plc
2,835
222,096
Darden
Restaurants,
Inc
37,123
746,115
(a),(c)
Deliveroo
plc
1,114
174,425
(a),(c)
Delivery
Hero
SE
4,988
46,700
(a),(b)
Demae-Can
Co
Ltd
101
218,220
(a)
Denny's
Corp
1,955
248,061
(a)
Devyani
International
Ltd
449
54,846
Domino's
Pizza
Enterprises
Ltd
1,550
281,500
Domino's
Pizza
Group
plc
1,223
4,521
Domino's
Pizza,
Inc
2,246
105,605
(a)
DoorDash,
Inc
14,544
30,937
DoubleUGames
Co
Ltd
974
24,618
(b)
Doutor
Nichires
Holdings
Co
Ltd
334
23,200
(a)
DPC
Dash
Ltd
149
1,325,223
(a)
DraftKings,
Inc
60,178
105,430
(a)
Duolingo,
Inc
23,256
387,500
(a),(b),(c)
East
Buy
Holding
Ltd
1,031
229,289
Easy
Trip
Planners
Ltd
118
173,976
(a)
eDreams
ODIGEO
S.A.
1,266
157,036
EIH
Ltd
849
65,083
(a),(b),(c)
Elior
Group
S.A.
174
5,197
(a),(b),(d)
Empire
Resorts,
Inc
0
^
629,788
Entain
plc
6,320
2,018,200
Erawan
Group
PCL
260
1,500,890
(a)
Everi
Holdings,
Inc
15,084
367,442
(c)
Evolution
AB
45,638
41
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
488,928
(a)
Expedia
Group,
Inc
$
67,350
5,796
(a)
Fattal
Holdings
1998
Ltd
743
340,500
(a)
Fenbi
Ltd
189
137,440
(b)
Flight
Centre
Travel
Group
Ltd
1,955
638,037
(a)
Flutter
Entertainment
plc
127,182
87,093
Food
&
Life
Cos
Ltd
1,671
52,000
Formosa
International
Hotels
Corp
368
177,400
(a),(c)
Fosun
Tourism
Group
81
505,440
(a)
Frontdoor,
Inc
16,467
1,149,000
Fu
Shou
Yuan
International
Group
Ltd
711
18,499
(b)
Fuji
Kyuko
Co
Ltd
478
5,400
(a),(b)
Fujio
Food
Group,
Inc
50
701,323
G8
Education
Ltd
548
5,815,608
Galaxy
Entertainment
Group
Ltd
29,235
1,867,997
Genting
BHD
1,865
2,587,481
Genting
Malaysia
BHD
1,494
5,068,612
Genting
Singapore
Ltd
3,324
46,000
Gourmet
Master
Co
Ltd
133
22,229
(a)
Grand
Canyon
Education,
Inc
3,028
28,765
Grand
Korea
Leisure
Co
Ltd
275
415,934
Greggs
plc
15,087
257,262
H&R
Block,
Inc
12,634
2,837,000
(a),(b),(c)
Haichang
Ocean
Park
Holdings
Ltd
279
1,489,776
(c)
Haidilao
International
Holding
Ltd
3,371
10,172
(a)
Hana
Tour
Service,
Inc
485
42,789
Heiwa
Corp
560
370,500
(b)
Helens
International
Holdings
Co
ltd
153
21,523
Herfy
Food
Services
Co
194
19,537
Hiday
Hidaka
Corp
346
505,533
Hilton
Worldwide
Holdings,
Inc
107,835
42,628
(a),(b)
HIS
Co
Ltd
536
94,583
Hollywood
Bowl
Group
plc
393
233,000
Huangshan
Tourism
Development
Co
Ltd
181
86,937
Huazhu
Group
Ltd
(ADR)
3,364
233,307
Humansoft
Holding
Co
KSC
2,527
17,971
Hyatt
Hotels
Corp
2,869
237,000
Ichibanya
Co
Ltd
1,877
286,913
(b)
IDP
Education
Ltd
3,349
740,813
Indian
Hotels
Co
Ltd
5,258
162,457
InterContinental
Hotels
Group
plc
16,881
760,684
International
Game
Technology
plc
17,184
872,442
(a)
Intralot
S.A.-Integrated
Lottery
Systems
&
Services
1,099
79,540
(a)
Jahez
International
Co
752
724,000
(b),(c)
Jiumaojiu
International
Holdings
Ltd
523
387,213
Jollibee
Foods
Corp
1,741
342,427
Jubilant
Foodworks
Ltd
1,847
151,666
Jumbo
Interactive
Ltd
1,695
149,493
(a),(c)
Just
Eat
Takeaway.com
NV
2,209
57,973
(a)
Kambi
Group
plc
500
72,422
Kangwon
Land,
Inc
883
13,270
(a),(b)
Kappa
Create
Co
Ltd
141
15,800
(b)
Kentucky
Fried
Chicken
Japan
Ltd
457
173,253
Kindred
Group
plc
2,012
18,500
(b)
Kisoji
Co
Ltd
315
38,000
KOMEDA
Holdings
Co
Ltd
677
119,994
Koshidaka
Holdings
Co
Ltd
741
17,804
Kura
Sushi,
Inc
551
51,766
(b)
Kyoritsu
Maintenance
Co
Ltd
1,185
104,893
(c)
La
Francaise
des
Jeux
SAEM
4,275
3,135,074
Las
Vegas
Sands
Corp
162,083
1,079,753
Laureate
Education,
Inc
15,732
20,066
Leejam
Sports
Co
JSC
1,167
CREF
Stock
Account
March
31,
2024
42
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
279,607
(a),(c)
Lemon
Tree
Hotels
Ltd
$
439
181,800
(a)
Life
Time
Group
Holdings,
Inc
2,822
52,500
(a)
Lincoln
Educational
Services
Corp
542
15,500
LITALICO,
Inc
215
39,682
(a)
Lotte
Tour
Development
Co
Ltd
287
1,863,795
Lottery
Corp
Ltd
6,250
48,811
(a)
Lottomatica
Group
Spa
585
61,000
Lung
Yen
Life
Service
Corp
77
1,139,600
Magnum
Bhd
275
68,987
(a)
Mahindra
Holidays
&
Resorts
India
Ltd
325
191,738
Marriott
International,
Inc
(Class
A)
48,377
7,200
(b)
Matsuyafoods
Holdings
Co
Ltd
268
1,760,236
McDonald's
Corp
496,299
18,400
McDonald's
Holdings
Co
Japan
Ltd
827
151,586
Me
Group
International
plc
318
56,170
MegaStudyEdu
Co
Ltd
2,350
7,691,533
(a),(c)
Meituan
94,945
3,741,435
(a)
Melco
Crown
Entertainment
Ltd
(ADR)
26,976
537,817
(a),(b)
Melco
International
Development
338
327,551
(a)
MGM
Resorts
International
15,464
2,813,600
Minor
International
PCL
2,525
58,924
(a),(b)
Mister
Car
Wash,
Inc
457
192,553
(a)
Mitchells
&
Butlers
plc
548
1,068,300
MK
Restaurants
Group
PCL
1,040
223,422
Monogatari
Corp
6,860
16,000
(b)
MOS
Food
Services,
Inc
363
15,686
MTY
Food
Group,
Inc
592
14,121
National
Co
for
Learning
&
Education
524
430,500
(a),(b)
Nayuki
Holdings
Ltd
146
11,497
(a)
NEOGAMES
S.A.
333
1,348,610
(a),(b)
Nerdy,
Inc
3,924
1,277,940
(a)
New
Oriental
Education
&
Technology
Group,
Inc
11,169
61,234
NIIT
Learning
Systems
Ltd
372
142,800
(a),(b)
Noodles
&
Co
273
296,200
(a)
Offcn
Education
Technology
Co
Ltd
123
49,500
Ohsho
Food
Service
Corp
2,526
1,528,112
(a)
Ollamani
SAB
2,760
153,874
OPAP
S.A.
2,769
3,053,145
Oriental
Land
Co
Ltd
97,810
167,831
(b)
Papa
John's
International,
Inc
11,178
41,856
Paradise
Co
Ltd
445
26,171
Park
Lawn
Corp
323
21,116
Pearson
plc
278
200,575
(a)
Penn
National
Gaming,
Inc
3,652
404,000
Perfect
Medical
Health
Management
Ltd
165
125,019
(a),(b)
Pierre
&
Vacances
173
63,983
(a)
Planet
Fitness,
Inc
4,007
175,610
(a),(b)
PlayAGS,
Inc
1,577
328,469
(a)
Playtech
PLC
1,913
11,836
(b)
Pollard
Banknote
Ltd
312
441,290
(a)
Portillo's,
Inc
6,258
152,870
(a)
Potbelly
Corp
1,851
233,124
(a)
Rank
Group
plc
203
607,800
Resorttrust,
Inc
10,399
276,062
(a)
Restaurant
Brands
Asia
Ltd
336
642,971
(b)
Restaurant
Brands
International,
Inc
51,084
254,648
(b)
Restaurant
Brands
International,
Inc
20,223
18,600
(b)
Ringer
Hut
Co
Ltd
284
143,483
Round
One
Corp
743
697,414
(a)
Royal
Caribbean
Cruises
Ltd
96,948
25,700
Royal
Holdings
Co
Ltd
420
593,060
(a)
Rush
Street
Interactive,
Inc
3,861
43
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
23,000
Saizeriya
Co
Ltd
$
786
7,175,167
(a)
Sands
China
Ltd
20,243
24,963
(a)
Sapphire
Foods
India
Ltd
470
106,382
(a),(b),(c)
Scandic
Hotels
Group
AB
622
121,591
(a)
Seera
Group
Holding
921
32,652
Seobu
T&D
179
107,436
Service
Corp
International
7,973
121,280
(a)
Shake
Shack,
Inc
12,617
34,739
Shanghai
Jinjiang
International
Hotels
Development
Co
Ltd
138
1,034,000
(a)
Shangri-La
Asia
Ltd
648
192,900
SISB
PCL
217
2,107,000
(a),(b)
SJM
Holdings
Ltd
644
29,143
SkiStar
AB
439
188,182
Skylark
Holdings
Co
Ltd
2,982
220,500
Smartfit
Escola
de
Ginastica
e
Danca
S.A.
1,143
87,652
Sodexho
Alliance
S.A.
7,514
87,043
(a)
Sol
Melia
S.A.
704
109,714
Songcheng
Performance
Development
Co
Ltd
155
621,691
SSP
Group
PLC
1,717
2,032,901
(a)
Star
Entertainment
Grp
Ltd
761
3,485,916
Starbucks
Corp
318,578
48,800
Strategic
Education,
Inc
5,081
109,510
(a)
Stride,
Inc
6,905
149,000
(a),(b)
Super
Hi
International
Holding
Ltd
270
454,180
(a)
Sweetgreen,
Inc
11,473
219,471
Taaleem
Holdings
PJSC
221
40,578
(a)
TAB
Gida
Sanayi
Ve
Ticaret
AS.
167
10,045,463
TABCORP
Holdings
Ltd
4,943
1,421,122
(a)
TAL
Education
Group
(ADR)
16,130
102,416
Texas
Roadhouse,
Inc
(Class
A)
15,820
100,588
Thomas
Cook
India
Ltd
201
2,445,000
Tianli
Education
International
Holdings
Ltd
1,275
425,485
(b)
Tokyotokeiba
Co
Ltd
12,596
526,820
(a)
Tongcheng
Travel
Holdings
Ltd
1,393
37,959
(b)
Toridoll
Holdings
Corp
1,037
358,166
(a),(c)
Trainline
plc
1,674
54,170
Travel
&
Leisure
Co
2,652
895,219
Travelsky
Technology
Ltd
1,086
464,550
(a)
Trip.com
Group
Ltd
20,599
882,971
(a)
TUI
AG.
7,272
662,370
(a)
Udemy,
Inc
7,273
206,750
(a)
Universal
Technical
Institute,
Inc
3,296
28,578
Vail
Resorts,
Inc
6,368
1,598,794
(a),(b)
Webjet
Ltd
9,193
224,150
Wendy's
Co
4,223
51,621
Westlife
Foodworld
Ltd
499
64,497
(a)
Wetherspoon
(J.D.)
plc
599
183,354
Whitbread
plc
7,666
24,115
Wingstop,
Inc
8,836
7,954
Wonderla
Holidays
Ltd
95
56,075
Wowprime
Corp
423
548,859
Wyndham
Hotels
&
Resorts,
Inc
42,125
41,684,600
(a),(b)
Wynn
Macau
Ltd
37,256
57,328
Wynn
Resorts
Ltd
5,861
217,700
YDUQS
Participacoes
S.A.
786
53,419
Yoshinoya
D&C
Co
Ltd
1,191
16,727
Young
&
Co's
Brewery
plc
206
1,452,820
Yum
China
Holdings,
Inc
57,808
64,860
Yum!
Brands,
Inc
8,993
81,000
Zensho
Co
Ltd
3,368
CREF
Stock
Account
March
31,
2024
44
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,236,721
(a)
Zomato
Ltd
$
11,479
TOTAL
CONSUMER
SERVICES
3,714,790
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
1.6%
1,701,406
Abdullah
Al
Othaim
Markets
Co
6,055
524,700
Aeon
Co
Ltd
12,447
27,600
Aeon
Hokkaido
Corp
171
22,483
Ain
Holdings,
Inc
810
76,556
Al
Meera
Consumer
Goods
Co
QSC
276
123,557
Albertsons
Cos,
Inc
2,649
27,877
Al-Dawaa
Medical
Services
Co
702
2,255,829
(a)
Alibaba
Health
Information
Technology
Ltd
919
1,794,693
Alimentation
Couche-Tard,
Inc
102,431
13,862,583
(a)
Almacenes
Exito
S.A.
34,716
13,472
Almunajem
Foods
Co
394
58,900
Andersons,
Inc
3,379
33,079
Arcs
Co
Ltd
683
6,228,727
Atacadao
S.A.
16,927
139,822
(a),(c)
Avenue
Supermarts
Ltd
7,599
322,726
(b)
Axfood
AB
9,383
44,220
Axial
Retailing,
Inc
300
8,300
Belc
Co
Ltd
381
6,604
BGF
retail
Co
Ltd
574
287,738
Bid
Corp
Ltd
7,016
392,687
BIM
Birlesik
Magazalar
AS
4,266
184,760
BinDawood
Holding
Co
434
17,364
(a)
BJ's
Wholesale
Club
Holdings,
Inc
1,314
17,493
Carrefour
S.A.
300
27,787
Casey's
General
Stores,
Inc
8,849
6,151
Cawachi
Ltd
107
1,105,029
Cencosud
S.A.
1,917
167,317
(a)
Chefs'
Warehouse,
Inc
6,301
333,400
(a),(b),(d)
Chongqing
Hongjiu
Fruit
Co
Ltd
74
30,099,494
(a),(e)
Cia
Brasileira
de
Distribuicao
17,764
198,792
Clicks
Group
Ltd
3,108
1,069,740
Coles
Group
Ltd
11,809
152,532
Colruyt
S.A.
7,046
16,200
Cosmos
Pharmaceutical
Corp
1,536
800,595
Costco
Wholesale
Corp
586,540
2,421,916
CP
ALL
plc
3,623
1,737,600
CP
Axtra
PCL
1,490
20,900
Create
SD
Holdings
Co
Ltd
455
18,803
(a)
Curexo,
Inc
193
38,800
(a),(b)
Dada
Nexus
Ltd
(ADR)
80
4,418
Daikokutenbussan
Co
Ltd
282
70,141
DaShenLin
Pharmaceutical
Group
Co
Ltd
205
20,075
(a),(c)
Dino
Polska
S.A.
1,948
309,644
(b),(c)
Dis-Chem
Pharmacies
Ltd
532
16,397,216
(a)
Distribuidora
Internacional
de
Alimentacion
S.A.
223
9,669
(a),(b)
DocMorris
AG.
968
497,643
Dollar
General
Corp
77,662
227,313
(a)
Dollar
Tree,
Inc
30,267
30,720
Dongsuh
Cos,
Inc
392
14,636
(a)
E-MART,
Inc
743
121,834
Empire
Co
Ltd
2,975
296,176
Endeavour
Group
Ltd
1,063
53,148
Eurocash
S.A.
189
19,900
(b)
Fuji
Co
Ltd
243
12,400
G-7
Holdings,
Inc
117
6,700
Genky
DrugStores
Co
Ltd
289
52,083
George
Weston
Ltd
7,037
163,506
GrainCorp
Ltd-A
878
45
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
47,642
Great
Tree
Pharmacy
Co
Ltd
$
445
192,001
(a)
Grocery
Outlet
Holding
Corp
5,526
421,200
(a)
Grupo
Mateus
S.A.
735
34,485
GS
Retail
Co
Ltd
524
6,100
Halows
Co
Ltd
180
71,125
Hankyu
Department
Stores,
Inc
909
21,858
Heiwado
Co
Ltd
293
119,724
(a)
HelloFresh
SE
854
13,800
Inageya
Co
Ltd
128
2,770
Itochu-Shokuhin
Co
Ltd
132
50,415
J
Sainsbury
plc
172
466,050
(a),(c)
JD
Health
International,
Inc
1,656
1,062,475
Jeronimo
Martins
SGPS
S.A.
21,080
16,723
Kato
Sangyo
Co
Ltd
502
7,387
Kesko
Oyj
(B
Shares)
138
31,800
Kobe
Bussan
Co
Ltd
779
31,491
Koninklijke
Ahold
Delhaize
NV
942
84,586
Kroger
Co
4,832
41,502
Kusuri
no
Aoki
Holdings
Co
Ltd
855
391,900
(b)
La
Comer
SAB
de
C.V.
920
37,100
Lawson,
Inc
2,535
17,596
Life
Corp
451
134,444
Loblaw
Cos
Ltd
14,898
12,180
M
Yochananof
&
Sons
Ltd
587
16,422
(a)
Maplebear,
Inc
612
2,707,291
Marks
&
Spencer
Group
plc
9,066
23,973
MARR
S.p.A.
305
286,300
Matsumotokiyoshi
Holdings
Co
Ltd
4,597
36,200
Maxvalu
Tokai
Co
Ltd
737
40,870
(a)
Medplus
Health
Services
Ltd
338
720,958
Metcash
Ltd
1,837
95,825
METRO
AG.
521
195,301
Metro,
Inc
10,485
5,014,800
Midi
Utama
Indonesia
Tbk
PT
134
562,402
Migros
Ticaret
AS
7,102
35,434
Nahdi
Medical
Co
1,398
35,903
North
West
Co,
Inc
1,040
21,475
(a)
Ocado
Group
plc
123
23,300
(a),(b)
Oisix
ra
daichi,
Inc
199
782,344
Olam
Group
Ltd
649
274,288
(a)
Performance
Food
Group
Co
20,473
295,623
(b)
Pick'n
Pay
Stores
Ltd
292
401,200
(a),(b),(c)
Ping
An
Healthcare
and
Technology
Co
Ltd
606
511,195
President
Chain
Store
Corp
4,239
740,700
Puregold
Price
Club,
Inc
353
1,068,024
Raia
Drogasil
S.A.
5,828
14,223
Rami
Levy
Chain
Stores
Hashikma
Marketing
2006
Ltd
855
12,054
(a),(c)
Redcare
Pharmacy
NV
1,973
17,112
Retail
Partners
Co
Ltd
211
726,550
Robinsons
Retail
Holdings,
Inc
483
43,341
Ryoshoku
Ltd
1,594
15,000
San-A
Co
Ltd
465
17,322,767
Sendas
Distribuidora
S.A.
50,807
4,587,807
Seven
&
I
Holdings
Co
Ltd
66,871
2,259,410
Sheng
Siong
Group
Ltd
2,560
274,000
Shenzhen
Pagoda
Industrial
Group
Corp
Ltd
115
9,911
Shoei
Foods
Corp
308
209,057
Shoprite
Holdings
Ltd
2,731
739,274
(a)
Shufersal
Ltd
5,183
197,600
(a)
Sipai
Health
Technology
Co
Ltd
152
18,254
Sligro
Food
Group
NV
276
2,263,019
SMU
S.A.
393
CREF
Stock
Account
March
31,
2024
46
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,719,215
Sok
Marketler
Ticaret
AS.
$
3,078
696,771
Sonae
SPGS
S.A.
661
142,134
(b)
SPAR
Group
Ltd
664
83,388
Sugi
Pharmacy
Co
Ltd
1,424
16,107,400
Sumber
Alfaria
Trijaya
Tbk
PT
2,958
1,609,000
Sun
Art
Retail
Group
Ltd
321
350,600
Sundrug
Co
Ltd
10,885
64,709
Sysco
Corp
5,253
240,674
Target
Corp
42,650
22,110,020
Tesco
plc
82,812
31,200
Tsuruha
Holdings,
Inc
2,226
114,356
(a)
United
Natural
Foods,
Inc
1,314
41,650
(b)
United
Super
Markets
Holdings,
Inc
275
157,341
(a)
US
Foods
Holding
Corp
8,492
30,894
Valor
Co
Ltd
505
337,542
Walgreens
Boots
Alliance,
Inc
7,321
4,360,536
Wal-Mart
de
Mexico
SAB
de
C.V.
17,555
9,131,349
Walmart,
Inc
549,433
81,340
(b)
Weis
Markets,
Inc
5,238
69,300
Welcia
Holdings
Co
Ltd
1,178
1,001,301
Woolworths
Ltd
21,644
13,100
(b)
Yaoko
Co
Ltd
788
55,942
Yifeng
Pharmacy
Chain
Co
Ltd
305
32,200
Yokohama
Reito
Co
Ltd
219
539,000
Yonghui
Superstores
Co
Ltd
171
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
2,024,385
ENERGY
-
4.7%
198,743
(a)
3R
PETROLEUM
OLEO
E
GAS
S.A.
1,307
15,297,861
Adaro
Energy
Indonesia
Tbk
PT
2,606
385,547
(a)
Ades
Holding
Co
2,134
136,710
(a),(b)
Advantage
Energy
Ltd
997
111,057
Aegis
Logistics
Ltd
595
277,800
Africa
Oil
Corp
484
997,226
Aker
BP
ASA
25,012
203,605
Aker
Solutions
ASA
730
6,406,200
AKR
Corporindo
Tbk
PT
695
29,896
Aldrees
Petroleum
and
Transport
Services
Co
1,366
200,010
Ampol
Ltd
5,188
251,405
Antero
Midstream
Corp
3,535
10,325
APA
Corp
355
516,790
(b)
ARC
Resources
Ltd
9,214
702,390
Archrock,
Inc
13,816
456,940
(a)
Athabasca
Oil
Corp
1,764
398,525
(b)
Atlas
Energy
Solutions,
Inc
9,015
14,134
(c)
Avance
Gas
Holding
Ltd
161
1,803,720
Baker
Hughes
Co
60,425
768,900
Bangchak
Corp
PCL
939
188,300
Bangchak
Sriracha
PCL
(Foreign)
52
6,647,200
Banpu
PCL
(Foreign)
1,003
591,271
Baytex
Energy
Corp
2,134
1,244,923
Beach
Petroleum
Ltd
1,493
694,567
Bharat
Petroleum
Corp
Ltd
5,032
224,840
(b)
Birchcliff
Energy
Ltd
886
18,743
(a)
BLUENORD
ASA
989
162,145
Borr
Drilling
Ltd
1,041
315,779
(a)
Boss
Energy
Ltd
981
44,275,800
BP
plc
277,761
4,650,000
(a),(d)
Brightoil
Petroleum
Holdings
Ltd
6
48,870
(a)
Bristow
Group,
Inc
1,329
2,542,000
(a)
Bumi
Armada
Bhd
308
44,109,300
(a)
Bumi
Resources
Minerals
Tbk
PT
418
47
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
70,456
(c)
BW
LPG
Ltd
$
785
112,634
BW
Offshore
Ltd
282
2,369
Cabot
Oil
&
Gas
Corp
66
82,500
California
Resources
Corp
4,546
133,229
Cameco
Corp
5,771
1,207,183
Cameco
Corp
52,260
982,832
Canadian
Natural
Resources
Ltd
74,974
106,618
(b)
Cardinal
Energy
Ltd
557
1,207,075
Cenovus
Energy,
Inc
(Toronto)
24,132
193,250
CES
Energy
Solutions
Corp
672
2,145,000
(a),(b)
CGN
Mining
Co
Ltd
475
609,552
ChampionX
Corp
21,877
602,553
Cheniere
Energy,
Inc
97,180
146,373
Chennai
Petroleum
Corp
Ltd
1,593
48,233
Chesapeake
Energy
Corp
4,285
2,336,080
Chevron
Corp
368,493
2,253,000
China
Coal
Energy
Co
2,195
739,900
China
Merchants
Energy
Shipping
Co
Ltd
789
2,549,122
China
Oilfield
Services
Ltd
2,934
451,276
China
Shenhua
Energy
Co
Ltd
-
A
2,414
3,112,455
China
Shenhua
Energy
Co
Ltd
-
H
12,243
634,000
(b)
China
Shipping
Development
Co
Ltd
657
67,346
Chord
Energy
Corp
12,004
9,260
Civitas
Resources,
Inc
703
1,477,844
Coal
India
Ltd
7,727
118
(a),(d),(f)
Cobalt
International
Energy,
Inc
0
^
3,305,382
ConocoPhillips
420,709
54,741
Cool
Co
Ltd
593
1,042,504
Cosan
SA
Industria
e
Comercio
3,367
292,193
COSCO
SHIPPING
Energy
Transportation
Co
Ltd
644
48,658
Cosmo
Energy
Holdings
Co
Ltd
2,444
604,106
(b)
Crescent
Energy
Co
7,189
969,750
(b)
Crescent
Point
Energy
Corp
7,932
98,671
(a),(b)
Crew
Energy,
Inc
339
266,000
Dalipal
Holdings
Ltd
161
41,843
d'Amico
International
Shipping
S.A.
287
4,524,778
Dana
Gas
PJSC
798
580,601
(a)
Deep
Yellow
Ltd
505
7,057
Delek
Group
Ltd
924
582,230
Delek
US
Holdings,
Inc
17,898
1,914,868
(a),(b)
Denison
Mines
Corp
3,746
2,274
Devon
Energy
Corp
114
403,150
DHT
Holdings,
Inc
4,636
2,345,700
Dialog
Group
Bhd
1,116
1,362,891
(a)
Diamond
Offshore
Drilling,
Inc
18,590
1,554,904
Diamondback
Energy,
Inc
308,135
41,952
(b)
Diversified
Energy
Co
plc
503
10,223
(a)
DMC
Global,
Inc
199
391,964
DNO
International
ASA
355
103,582
(a)
DOF
Group
ASA
701
31,280
(a)
Dril-Quip,
Inc
705
3,237
DT
Midstream,
Inc
198
27,093
(a),(b)
Empire
Petroleum
Corp
138
361,418
Empresas
COPEC
S.A.
2,597
121,500
Enauta
Participacoes
S.A.
715
1,825,200
Enbridge,
Inc
65,958
2,412,001
ENEOS
Holdings,
Inc
11,621
95,821
Enerflex
Ltd
557
116,988
Energean
plc
1,614
30,154,540
(a)
Energi
Mega
Persada
Tbk
PT
411
1,168,600
(a),(d)
Energy
Earth
PCL
0
^
130,671
(a),(b)
Energy
Fuels,
Inc
817
1
Energy
Transfer
LP
0
^
466,520
Enerplus
Corp
9,165
CREF
Stock
Account
March
31,
2024
48
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
77,271
ENI
S.p.A.
$
1,223
1,338,985
EOG
Resources,
Inc
171,176
12,027
EQT
Corp
446
2,783,574
Equinor
ASA
74,640
19,295
(a)
Equital
Ltd
614
539,320
Equitrans
Midstream
Corp
6,736
38,147
Etablissements
Maurel
et
Prom
231
344,740
Excelerate
Energy,
Inc
5,523
34,170
(a)
Expro
Group
Holdings
NV
682
116,886
Exxaro
Resources
Ltd
1,043
6,992,297
Exxon
Mobil
Corp
812,785
496,000
(a)
Fission
Uranium
Corp
355
24,805
FLEX
LNG
Ltd
617
1,091,878
Formosa
Petrochemical
Corp
2,342
106,780
(b)
Freehold
Royalties
Ltd
1,150
136,235
(a),(b)
Frontera
Energy
Corp
832
108,927
Frontline
plc
2,472
15,496
Galp
Energia
SGPS
S.A.
256
27,058
(b)
Gaztransport
Et
Technigaz
S.A.
4,045
128,511
(b)
Gibson
Energy,
Inc
2,188
329,490
Golar
LNG
Ltd
7,927
756,130
(b)
Granite
Ridge
Resources,
Inc
4,915
86,207
Great
Eastern
Shipping
Co
Ltd
1,037
36,950
(a)
Green
Plains,
Inc
854
953,086
Guanghui
Energy
Co
Ltd
953
42,506
Gujarat
Mineral
Development
Corp
Ltd
176
843,123
Gulf
International
Services
QSC
622
78,290
(a)
Gulfport
Energy
Operating
Corp
12,536
210,321
Hafnia
Ltd
1,451
30,900
(a)
Hallador
Energy
Co
165
36,827
Halliburton
Co
1,452
495,091
Harbour
Energy
plc
1,724
1,609,500
(a)
Harum
Energy
Tbk
PT
137
20,185
HD
Hyundai
Co
Ltd
1,033
172,136
Headwater
Exploration,
Inc
975
504,510
(a)
Helix
Energy
Solutions
Group,
Inc
5,469
170,934
Hellenic
Petroleum
S.A.
1,538
67,390
Helmerich
&
Payne,
Inc
2,834
361,463
Hess
Corp
55,174
94,110
HF
Sinclair
Corp
5,681
1,675,440
Hibiscus
Petroleum
Bhd
905
527,592
Hindustan
Petroleum
Corp
Ltd
3,012
119,172
Hunting
plc
497
813,520
Idemitsu
Kosan
Co
Ltd
5,578
174,450
(b)
Imperial
Oil
Ltd
12,033
2,595,641
Indian
Oil
Corp
Ltd
5,238
7,739,600
Indika
Energy
Tbk
PT
730
908,600
Indo
Tambangraya
Megah
Tbk
PT
1,531
232,400
Inner
Mongolia
Dian
Tou
Energy
Corp
Ltd
518
1,092,400
Inner
Mongolia
Yitai
Coal
Co
2,085
813,600
Inpex
Holdings,
Inc
12,368
67,146
(a)
International
Petroleum
Corp
796
6,302,686
IRPC
PCL
(Foreign)
329
115,550
Itochu
Enex
Co
Ltd
1,190
35,022
Iwatani
International
Corp
1,889
163,077
Japan
Petroleum
Exploration
Co
7,414
628,200
Jizhong
Energy
Resources
Co
Ltd
650
2,851,264
(a)
John
Wood
Group
plc
4,756
578,486
(a)
Karoon
Energy
Ltd
817
2,625,059
(a),(b)
Kelt
Exploration
Ltd
11,725
197,934
(b)
Keyera
Corp
5,098
11,826
Kinder
Morgan,
Inc
217
4,794,000
Kinetic
Development
Group
Ltd
484
64,510
Kinetik
Holdings,
Inc
2,572
49
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
68,110
(b)
Kodiak
Gas
Services,
Inc
$
1,862
55,241
Koninklijke
Vopak
NV
2,130
1,364,086
Marathon
Oil
Corp
38,658
566,301
Marathon
Petroleum
Corp
114,110
673,801
(b)
Matador
Resources
Co
44,990
55,262
(a)
Mattr
Corp
725
63,301,600
Medco
Energi
Internasional
Tbk
PT
5,733
290,276
(a)
MEG
Energy
Corp
6,665
28,000
Mitsuuroko
Co
Ltd
262
12,330
Modec,
Inc
249
478,944
MOL
Hungarian
Oil
&
Gas
plc
3,884
62,388
Motor
Oil
Hellas
Corinth
Refineries
S.A.
1,859
509,080
Murphy
Oil
Corp
23,265
15,422
(a)
Naphtha
Israel
Petroleum
Corp
Ltd
87
17,132
Neste
Oil
Oyj
465
48,220
(b)
New
Fortress
Energy,
Inc
1,475
451,845
New
Hope
Corp
Ltd
1,369
587,400
(a)
Newpark
Resources,
Inc
4,241
3,584,376
(a),(b)
NexGen
Energy
Ltd
27,864
1,373,730
Nordic
American
Tankers
Ltd
5,385
19,889
North
American
Construction
Group
Ltd
442
623,354
Northern
Oil
and
Gas,
Inc
24,735
1,173,965
NOV,
Inc
22,916
128,634
(a)
NuVista
Energy
Ltd
1,128
57,401
(a)
Obsidian
Energy
Ltd
474
44,240
Occidental
Petroleum
Corp
2,875
310,738
Odfjell
Drilling
Ltd
1,400
637,127
Offshore
Oil
Engineering
Co
Ltd
563
1,990,240
Oil
Refineries
Ltd
661
4,790
OMV
AG.
227
11,157
ONEOK,
Inc
894
461,590
Overseas
Shipholding
Group,
Inc
2,954
175,017
Ovintiv,
Inc
9,083
2,278,471
(a)
Paladin
Resources
Ltd
2,030
213,930
(a)
Par
Pacific
Holdings,
Inc
7,928
63,930
(b)
Paramount
Resources
Ltd
(Class
A)
1,297
933,691
Parex
Resources,
Inc
14,916
120,817
Parkland
Corp
3,848
66,493
Pason
Systems,
Inc
768
384,810
Patterson-UTI
Energy,
Inc
4,595
8,080
Paz
Oil
Co
Ltd
863
61,020
PBF
Energy,
Inc
3,513
15,850
Peabody
Energy
Corp
384
471,686
(b)
Pembina
Pipeline
Corp
16,649
9,099,013
Permian
Resources
Corp
160,689
3,373,100
Petro
Rio
S.A.
32,780
3,345,395
Petroleo
Brasileiro
S.A.
25,534
4,240,827
Petroleo
Brasileiro
S.A.
(Preference)
31,590
739,713
(a)
Petroleum
Geo-Services
ASA
539
338,580
Petronas
Dagangan
BHD
1,538
701,312
Petronet
LNG
Ltd
2,221
124,500
Petroreconcavo
S.A.
585
515,500
(b)
PetroTal
Corp
293
145,256
(b)
Peyto
Exploration
&
Development
Corp
1,601
306,853
Phillips
66
50,121
550,477
Pioneer
Natural
Resources
Co
144,500
557,552
Polski
Koncern
Naftowy
Orlen
S.A.
9,081
100,100
(a),(d)
Poseidon
Concepts
Corp
1
171,212
(b)
PrairieSky
Royalty
Ltd
3,353
11,813
(a)
Precision
Drilling
Corp
795
961,500
Prima
Marine
PCL
202
80,168,000
(a)
PT
Bumi
Resources
Tbk
425
3,252,100
PT
Tambang
Batubara
Bukit
Asam
Tbk
609
620,806
PT
United
Tractors
Tbk
947
CREF
Stock
Account
March
31,
2024
50
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
1,512,648
PTT
Exploration
&
Production
PCL
$
6,232
9,836,809
PTT
PCL
9,050
613,843
Qatar
Fuel
QSC
2,490
2,303,911
Qatar
Gas
Transport
Co
Ltd
2,523
59,174,325
Raizen
S.A.
41,767
152,620
Ranger
Energy
Services,
Inc
1,723
9,498,631
Reliance
Industries
Ltd
339,654
302,231
Repsol
YPF
S.A.
5,045
132,320
(a)
Rex
American
Resources
Corp
7,768
446,190
(a),(b)
Ring
Energy,
Inc
874
936,461
(a),(b)
Saipem
S.p.A
2,288
37,452
San-Ai
Oil
Co
Ltd
510
2,716,450
Santos
Ltd
13,753
339,214
Saras
S.p.A.
648
6,568
Saudi
Arabia
Refineries
Co
153
2,440,842
(c)
Saudi
Arabian
Oil
Co
20,021
112,071
SBM
Offshore
NV
1,790
875,620
Schlumberger
Ltd
47,993
9,087
Schoeller-Bleckmann
Oilfield
Equipment
AG.
434
8,330
Scorpio
Tankers,
Inc
596
55,770
(a)
SEACOR
Marine
Holdings,
Inc
777
23,839
(a)
Seadrill
Ltd
1,196
223,470
(a),(b)
Seadrill
Ltd
11,241
194,181
Secure
Energy
Services,
Inc
1,598
2,794,600
Semirara
Mining
&
Power
Corp
1,733
205,512
Serica
Energy
plc
490
50
(a),(d)
Serval
Integrated
Energy
Services
0
^
669,838
Shaanxi
Coal
Industry
Co
Ltd
2,317
419,450
Shan
XI
Hua
Yang
Group
New
Energy
Co
Ltd
533
267,886
Shanxi
Lu'an
Environmental
Energy
Development
Co
Ltd
744
478,499
Shanxi
Xishan
Coal
&
Electricity
Power
Co
Ltd
676
12,212,337
Shell
plc
405,199
1,023,865
Shell
plc
(ADR)
68,640
181,000
Siamgas
&
Petrochemicals
PCL
39
3,552,000
Sinopec
Kantons
Holdings
Ltd
1,643
7,350
SK
Discovery
Co
Ltd
244
1,232
SK
Gas
Ltd
138
25,544
(a)
SK
Innovation
Co
Ltd
2,250
258,180
SM
Energy
Co
12,870
46,074
S-Oil
Corp
2,668
30,630
Solaris
Oilfield
Infrastructure,
Inc
266
586,750
(a)
Southwestern
Energy
Co
4,448
102,951
Spartan
Delta
Corp
288
220,688
Stanmore
Resources
Ltd
464
1,735,500
Star
Petroleum
Refining
PCL
420
1,629,143
(a)
Strike
Energy
Ltd
276
184,504
Subsea
7
S.A.
2,951
1,732,794
Suncor
Energy,
Inc
63,949
80,637
(b)
Surge
Energy,
Inc
459
429,217
(b)
Tamarack
Valley
Energy
Ltd
1,217
51,151,618
(a)
Tamboran
Resources
Ltd
5,667
7,461
Targa
Resources
Corp
836
890,315
(b)
TC
Energy
Corp
35,782
1,056,666
Technip
Energies
NV
26,731
539,955
TechnipFMC
plc
13,558
39,579
(a)
Tecnicas
Reunidas
S.A.
321
986,778
(a)
Teekay
Corp
7,184
4,890
Teekay
Tankers
Ltd
286
17,550
Tenaris
S.A.
347
219,030
(a)
Tetra
Technologies,
Inc
970
13,848
Texas
Pacific
Land
Corp
8,011
512,892
TGS
Nopec
Geophysical
Co
ASA
5,655
1,418,432
Thai
Oil
PCL
2,291
107,682
Thungela
Resources
Ltd
693
51
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
398,493
(b)
Topaz
Energy
Corp
$
6,560
175,410
TORM
plc
5,959
3,081,055
Total
S.A.
211,944
286,407
Tourmaline
Oil
Corp
13,391
192,630
Trican
Well
Service
Ltd
590
1,049,123
(a),(b)
Tullow
Oil
plc
411
891,011
Turkiye
Petrol
Rafinerileri
AS
4,875
668,861
Ultrapar
Participacoes
S.A.
3,797
6,476,000
(b)
United
Energy
Group
Ltd
464
1,304,430
Valero
Energy
Corp
222,653
814,356
(a)
Vallourec
S.A.
15,126
15,626
VERBIO
Vereinigte
BioEnergie
AG.
355
131,707
(b)
Vermilion
Energy,
Inc
1,637
267,370
Vitesse
Energy,
Inc
6,345
852,185
(c)
Viva
Energy
Group
Ltd
2,056
9,952
(a)
Weatherford
International
plc
1,149
496,637
(b)
Whitecap
Resources,
Inc
3,758
637,343
Whitehaven
Coal
Ltd
2,947
25,438
Williams
Cos,
Inc
991
2,436,215
Woodside
Energy
Group
Ltd
48,560
167,800
World
Fuel
Services
Corp
4,438
255,764
(b)
Yancoal
Australia
Ltd
873
181,833
Yantai
Jereh
Oilfield
Services
Group
Co
Ltd
749
2,127,310
(b)
Yanzhou
Coal
Mining
Co
Ltd
4,473
285,653
Yanzhou
Coal
Mining
Co
Ltd
(Class
A)
913
1,118,820
Yinson
Holdings
BHD
548
TOTAL
ENERGY
5,954,972
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
2.0%
1,746,927
(b)
Abacus
Property
Group
1,422
428,598
Abacus
Storage
King
349
170,030
Acadia
Realty
Trust
2,892
653
Activia
Properties,
Inc
1,776
481
Advance
Logistics
Investment
Corp
386
1,089
Advance
Residence
Investment
Corp
2,411
181,821
(b)
Aedifica
S.A.
11,169
1,370
AEON
REIT
Investment
Corp
1,258
156,091
Agree
Realty
Corp
8,916
396,922
AIMS
AMP
Capital
Industrial
REIT
376
132,094
Al
Rajhi
REIT
310
109,104
Alexander
&
Baldwin,
Inc
1,797
146,146
Alexandria
Real
Estate
Equities,
Inc
18,840
487,859
Allied
Properties
Real
Estate
Investment
Trust
6,364
3,578
(b)
Altarea
SCA
303
615,480
American
Assets
Trust,
Inc
13,485
1,295,692
American
Homes
4
Rent
47,656
1,042,667
American
Tower
Corp
206,021
390,226
Americold
Realty
Trust,
Inc
9,724
159,890
Apartment
Income
REIT
Corp
5,192
831,091
Apple
Hospitality
REIT,
Inc
13,613
583,200
AREIT,
Inc
365
302,852
Arena
REIT
783
226,634
Armada
Hoffler
Properties,
Inc
2,357
35,930
Artis
Real
Estate
Investment
Trust
170
3,304,878
Ascendas
REIT
6,779
2,501,330
Assura
plc
1,335
182,871
AvalonBay
Communities,
Inc
33,934
1,297,996
Axis
Real
Estate
Investment
Trust
499
565,957
Balanced
Commercial
Property
Trust
Ltd
581
186,244
Big
Yellow
Group
plc
2,499
18,210
Boardwalk
REIT
1,050
107,110
Boston
Properties,
Inc
6,995
1,757,093
British
Land
Co
plc
8,766
152,800
Brixmor
Property
Group,
Inc
3,583
CREF
Stock
Account
March
31,
2024
52
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
830,038
Broadstone
Net
Lease,
Inc
$
13,007
124,376
(c)
Brookfield
India
Real
Estate
Trust
380
29,199
BSR
Real
Estate
Investment
Trust
323
363,739
Bunnings
Warehouse
Property
Trust
856
71,378
Camden
Property
Trust
7,024
71,452
Canadian
Apartment
Properties
REIT
2,452
1,733,761
CapitaLand
Ascott
Trust
1,213
4,505,173
CapitaMall
Trust
6,606
1,047,787
(b)
CapitaRetail
China
Trust
570
221,710
CareTrust
REIT,
Inc
5,403
46,944
Carmila
S.A.
817
10,410
(b)
CBL
&
Associates
Properties,
Inc
238
802,868
CDL
Hospitality
Trusts
606
39,010
Centerspace
2,229
604,964
Centuria
Capital
Group
689
411,051
Centuria
Industrial
REIT
948
325,189
Centuria
Office
REIT
283
1,304,637
Charter
Hall
Group
11,684
510,806
Charter
Hall
Long
Wale
REIT
1,271
277,404
Charter
Hall
Social
Infrastructure
REIT
490
127,021
Choice
Properties
Real
Estate
Investment
Trust
1,292
102,580
City
Office
REIT,
Inc
534
130,049
CLS
Holdings
plc
141
27,236
Cofinimmo
1,779
540
Comforia
Residential
REIT,
Inc
1,167
50,940
Community
Healthcare
Trust,
Inc
1,352
768,514
Concentradora
Fibra
Danhos
S.A.
de
C.V.
939
707,790
Corporate
Office
Properties
Trust
17,107
114,242
Cousins
Properties,
Inc
2,746
496
CRE
Logistics
REIT,
Inc
493
42,203
Crombie
Real
Estate
Investment
Trust
427
239,300
Cromwell
European
Real
Estate
Investment
Trust
356
1,316,575
Cromwell
Group
373
904,119
Crown
Castle,
Inc
95,683
40,919
CT
Real
Estate
Investment
Trust
431
15,030
(b)
CTO
Realty
Growth,
Inc
255
60,198
CubeSmart
2,722
338,366
(b)
Custodian
Property
Income
Reit
plc
348
1,686
Daiwa
House
REIT
Investment
Corp
2,884
225
Daiwa
Office
Investment
Corp
876
1,581
Daiwa
Securities
Living
Investments
Corp
1,098
241,246
Derwent
London
plc
6,611
199,459
Dexus
Industria
REIT
401
227,786
Dexus
Property
Group
1,174
726,800
Digital
Core
REIT
Management
Pte
Ltd
436
166,623
(b)
Digital
Realty
Trust,
Inc
24,000
103,779
Dream
Industrial
Real
Estate
Investment
Trust
1,010
437,000
(a),(d)
Eagle
Hospitality
Trust
4
185,400
Easterly
Government
Properties,
Inc
2,134
298,618
EastGroup
Properties,
Inc
53,683
685,737
Embassy
Office
Parks
REIT
3,039
1,745,119
Emlak
Konut
Gayrimenkul
Yatirim
Ortakligi
AS.
522
457,377
Empiric
Student
Property
plc
548
193,613
EPR
Properties
8,219
88,285
Equinix,
Inc
72,864
664,877
(b)
Equites
Property
Fund
Ltd
448
61,400
(a)
Equity
Commonwealth
1,159
1,034,405
Equity
Lifestyle
Properties,
Inc
66,616
409,102
Equity
Residential
25,818
115,908
ESR
Kendall
Square
REIT
Co
Ltd
379
5,348,962
(b)
ESR-LOGOS
REIT
1,169
621,824
Essential
Properties
Realty
Trust,
Inc
16,578
53
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
43,886
(b)
Essex
Property
Trust,
Inc
$
10,744
32,300
Eurocommercial
Properties
NV
737
140,483
Extra
Space
Storage,
Inc
20,651
933,805
Far
East
Hospitality
Trust
443
141,610
Federal
Realty
Investment
Trust
14,461
597,494
(c)
FIBRA
Macquarie
Mexico
1,163
2,456,897
Fibra
Uno
Administracion
S.A.
de
C.V.
4,087
91,967
First
Capital
Real
Estate
Investment
Trust
1,067
216,410
First
Industrial
Realty
Trust,
Inc
11,370
1,147,000
Fortune
Real
Estate
Investment
Trust
559
837,577
Frasers
Centrepoint
Trust
1,359
690,600
Frasers
Hospitality
Trust
235
2,488,945
Frasers
Logistics
&
Commercial
Trust
1,953
370
Frontier
Real
Estate
Investment
Corp
1,120
480
Fukuoka
REIT
Corp
548
218,891
(b)
Gaming
and
Leisure
Properties,
Inc
10,084
107,369
Gecina
S.A.
10,967
904
Global
One
Real
Estate
Investment
Corp
650
996
GLP
J-Reit
835
1,291,431
Goodman
Group
28,447
903,411
Goodman
Property
Trust
1,231
1,607,873
GPT
Group
4,785
25,439
Granite
REIT
1,452
4,044,719
Great
Portland
Estates
plc
19,834
176,423
Growthpoint
Properties
Australia
Ltd
292
2,546,084
Growthpoint
Properties
Ltd
1,514
97,862
H&R
Real
Estate
Investment
Trust
668
49,040
Hamborner
REIT
AG.
363
3,273,175
Hammerson
plc
1,234
522
Hankyu
Reit,
Inc
484
198,955
Healthcare
Realty
Trust,
Inc
2,815
321,040
(b)
HealthCo
REIT
266
697,505
Healthpeak
Properties,
Inc
13,078
741
Heiwa
Real
Estate
REIT,
Inc
696
175,633
HMC
Capital
Ltd
822
896,843
(a),(d)
Home
Reit
plc
1
11,240,117
HomeCo
Daily
Needs
REIT
9,298
205
Hoshino
Resorts
REIT,
Inc
783
911,891
Host
Hotels
&
Resorts
Inc
18,858
99,878
Hudson
Pacific
Properties,
Inc
644
1,249
Hulic
Reit,
Inc
1,270
259,138
Hyprop
Investments
Ltd
402
32,194
ICADE
872
840
Ichigo
Office
REIT
Investment
Corp
456
252,563
Impact
Healthcare
Reit
plc
269
17,745
Independence
Realty
Trust,
Inc
286
1,651
Industrial
&
Infrastructure
Fund
Investment
Corp
1,499
1,648,286
Ingenia
Communities
Group
5,614
1,224,854
Inmobiliaria
Colonial
Socimi
S.A.
7,257
4,153
Innovative
Industrial
Properties,
Inc
430
52,779
InterRent
Real
Estate
Investment
Trust
528
14,290
InvenTrust
Properties
Corp
367
670,785
Investec
Property
Fund
Ltd
267
5,560
Invincible
Investment
Corp
2,497
465,167
Invitation
Homes,
Inc
16,565
306,705
Irish
Residential
Properties
REIT
plc
341
133,042
Iron
Mountain,
Inc
10,671
277,657
(a)
Is
Gayrimenkul
Yatirim
Ortakligi
AS
125
163,994
Jadwa
REIT
Saudi
Fund
552
942
Japan
Excellent,
Inc
810
3,628
Japan
Hotel
REIT
Investment
Corp
1,902
691
Japan
Logistics
Fund
Inc
1,259
CREF
Stock
Account
March
31,
2024
54
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
657
Japan
Prime
Realty
Investment
Corp
$
1,457
1,078
Japan
Real
Estate
Investment
Corp
3,843
5,894
Japan
Retail
Fund
Investment
Corp
3,673
148,633
JR
Global
Reit
460
3,418
Kenedix
Realty
Investment
Corp
3,633
1,067,317
Keppel
DC
REIT
1,367
1,577,191
Keppel
REIT
1,016
40,864
Killam
Apartment
Real
Estate
Investment
Trust
561
106,166
Kilroy
Realty
Corp
3,868
1,400,000
Kimco
Realty
Corp
27,454
421,540
Kite
Realty
Group
Trust
9,139
1,448,954
Kiwi
Property
Group
Ltd
728
323,293
(b)
Klepierre
8,369
64,688
Lamar
Advertising
Co
7,724
91,766
Land
Securities
Group
plc
762
38,180
(a)
Lar
Espana
Real
Estate
Socimi
S.A.
297
1,510
LaSalle
Logiport
REIT
1,547
1,522,844
(b)
Lendlease
Global
Commercial
REIT
654
313,900
Lexington
Realty
Trust
2,831
2,266,227
Link
REIT
9,759
5,454,116
LondonMetric
Property
plc
13,996
94,286
LOTTE
Reit
Co
Ltd
227
153,900
Mack-Cali
Realty
Corp
2,341
2,013,407
Macquarie
CountryWide
Trust
4,867
1,722,747
Mapletree
Industrial
Trust
2,985
2,919,455
Mapletree
Logistics
Trust
3,157
1,977,722
(b)
Mapletree
Pan
Asia
Commercial
Trust
1,875
120,391
(b)
Medical
Properties
Trust,
Inc
566
70,226
Mercialys
S.A
818
279,699
Merlin
Properties
Socimi
S.A.
3,009
7,548
Mid-America
Apartment
Communities,
Inc
993
187,809
(c)
Mindspace
Business
Parks
REIT
778
12,830
(c)
Minto
Apartment
Real
Estate
Investment
Trust
150
1,629
Mirai
Corp
495
3,331,051
Mirvac
Group
5,120
400
Mitsubishi
Estate
Logistics
REIT
Investment
Corp
1,018
838
Mitsui
Fudosan
Logistics
Park,
Inc
2,522
11,269
Montea
NV
1,014
15,438
Morguard
North
American
Residential
Real
Estate
Investment
Trust
182
1,260
Mori
Hills
REIT
Investment
Corp
1,147
1,899
Mori
Trust
Sogo
Reit,
Inc
915
12,120
National
Health
Investors,
Inc
762
318,965
National
Storage
Affiliates
Trust
12,491
7,101,590
National
Storage
REIT
11,100
261,100
(b)
NETSTREIT
Corp
4,796
56
(b)
NexPoint
Diversified
Real
Estate
Trust
0
^
16,560
NexPoint
Residential
Trust,
Inc
533
32,398
Nexus
Industrial
REIT
183
129,265
Nexus
Select
Trust
198
392
Nippon
Accommodations
Fund,
Inc
1,692
1,277
Nippon
Building
Fund,
Inc
5,108
1,912
Nippon
ProLogis
REIT,
Inc
3,406
361
NIPPON
REIT
Investment
Corp
846
3,636
Nomura
Real
Estate
Master
Fund,
Inc
3,595
86,648
NorthWest
Healthcare
Properties
Real
Estate
Investment
Trust
300
14,296
NSI
NV
293
65,526
Omega
Healthcare
Investors,
Inc
2,075
209
One
REIT,
Inc
366
2,287
Orix
JREIT,
Inc
2,489
811,458
PARAGON
REIT
502
90,297
Park
Hotels
&
Resorts,
Inc
1,579
301,624
Parkway
Life
Real
Estate
Investment
Trust
782
55
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
344,724
(a)
Peker
Gayrimenkul
Yatirim
Ortakligi
AS.
$
134
520,697
Picton
Property
Income
Ltd
428
624,182
Piedmont
Office
Realty
Trust,
Inc
4,388
78,070
Plymouth
Industrial
REIT,
Inc
1,757
1,098
Premier
Investment
Co
895
159,560
Primaris
REIT
1,643
1,100,598
Primary
Health
Properties
plc
1,305
620,206
ProLogis
Property
Mexico
S.A.
de
C.V.
2,723
3,080,224
Prologis,
Inc
401,107
361,390
PRS
REIT
PLC
363
142,033
Public
Storage,
Inc
41,198
109,392
Rayonier,
Inc
3,636
253,468
Realty
Income
Corp
13,713
5,727,752
Redefine
Properties
Ltd
1,194
471,976
Regency
Centers
Corp
28,583
910,096
Region
RE
Ltd
1,417
160,513
Reit  Ltd
695
262,024
Resilient
REIT
Ltd
642
8,018
Retail
Estates
NV
563
986,962
Rexford
Industrial
Realty,
Inc
49,644
166,690
RioCan
Real
Estate
Investment
Trust
2,273
91,372
Riyad
REIT
Fund
193
876,527
RLJ
Lodging
Trust
10,361
287,702
Rural
Funds
Group
392
213,113
Ryman
Hospitality
Properties,
Inc
24,638
600,740
Sabra
Health
Care
REIT,
Inc
8,873
1,137,326
Safestore
Holdings
plc
10,852
350
Samty
Residential
Investment
Corp
248
493,300
Sasseur
Real
Estate
Investment
Trust
250
123,989
SBA
Communications
Corp
26,868
4,354,842
Scentre
Group
9,618
117,344
Segro
plc
1,338
3,280
Sekisui
House
Reit,
Inc
1,759
176,095
Sella
Capital
Real
Estate
Ltd
378
232,750
Service
Properties
Trust
1,578
3,218,342
Shaftesbury
Capital
plc
5,842
22,584
Shurgard
Self
Storage
Ltd
1,007
1,079,926
Simon
Property
Group,
Inc
168,998
358,599
SITE
Centers
Corp
5,253
101,462
SK
REITs
Co
Ltd
308
57,838
(b)
SL
Green
Realty
Corp
3,189
251,993
Slate
Grocery
REIT
2,126
59,290
SmartCentres
Real
Estate
Investment
Trust
1,017
495
SOSiLA
Logistics
REIT,
Inc
399
820,038
STAG
Industrial,
Inc
31,522
2,869
Star
Asia
Investment
Corp
1,106
1,275,029
Starhill
Global
REIT
453
166
Starts
Proceed
Investment
Corp
232
505,973
Stockland
Trust
Group
1,599
1,752,447
Summit
Hotel
Properties,
Inc
11,408
213,822
Sun
Communities,
Inc
27,493
341,350
Sunstone
Hotel
Investors,
Inc
3,803
1,718,100
Suntec
Real
Estate
Investment
Trust
1,374
1,202,600
Sunway
Real
Estate
Investment
Trust
384
10,768,080
Supermarket
Income
Reit
plc
10,547
640
Takara
Leben
Real
Estate
Investment
Corp
430
308,790
Tanger
Factory
Outlet
Centers,
Inc
9,119
578,784
Target
Healthcare
REIT
plc
615
15,718
Terreno
Realty
Corp
1,044
594,200
TF
Administradora
Industrial
S
de
RL
de
C.V.
1,623
722
Tokyu
REIT,
Inc
768
131,205
Torunlar
Gayrimenkul
Yatirim
Ortakligi
AS
164
CREF
Stock
Account
March
31,
2024
56
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
11,854,996
Tritax
Big
Box
REIT
plc
$
23,569
11,510
(c)
Tritax
EuroBox
plc
8
754,711
UK
Commercial
Property
REIT
Ltd
666
713,540
UMH
Properties,
Inc
11,588
3,779
(a)
Unibail-Rodamco-Westfield
304
278,974
Unite
Group
plc
3,451
2,422
United
Urban
Investment
Corp
2,464
27,260
Urban
Edge
Properties
471
429,085
Urban
Logistics
REIT
plc
620
9,197
Vastned
Retail
NV
223
536,423
Ventas,
Inc
23,356
2,508,520
VICI
Properties,
Inc
74,729
3,127,477
Vicinity
Ltd
4,341
705,481
Vukile
Property
Fund
Ltd
565
377,759
Warehouse
REIT
plc
394
481,028
Warehouses
De
Pauw
CVA
13,716
12,936
Washington
REIT
180
516,871
Waypoint
REIT
Ltd
859
366,012
Welltower,
Inc
34,200
29,828
Wereldhave
NV
464
585,272
Weyerhaeuser
Co
21,017
107,965
Workspace
Group
plc
699
23,434
Xior
Student
Housing
NV
707
1,991,000
(b)
Yuexiu
Real
Estate
Investment
Trust
257
1,013,240
Ziraat
Gayrimenkul
Yatirim
Ortakligi
AS.
189
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
2,512,617
FINANCIAL
SERVICES
-
6.6%
106,700
360
Finance,
Inc
(ADR)
1,966
95,343
360
ONE
WAM
Ltd
775
31,933
3i
Group
plc
1,132
37,541
(a)
Aavas
Financiers
Ltd
595
72,291
Abrdn
plc
129
219,000
Acom
Co
Ltd
583
74,903
(a),(c)
Adyen
NV
126,521
82,200
AEON
Financial
Service
Co
Ltd
749
65,800
Aeon
Thana
Sinsap
Thailand
PCL
274
24,625
Affiliated
Managers
Group,
Inc
4,124
168,468
(a)
Affirm
Holdings,
Inc
6,277
513,908
(b)
AGNC
Investment
Corp
5,088
263,100
Aiful
Corp
791
248,151
AJ
Bell
plc
947
843,932
(a)
Al
Waha
Capital
PJSC
393
527,087
Allfunds
Group
PLC
3,801
237,321
Ally
Financial,
Inc
9,633
28,624
Alpha
Group
International
plc
689
871,018
Amanat
Holdings
PJSC
256
63,200
(b)
A-Mark
Precious
Metals,
Inc
1,940
2,066,613
American
Express
Co
470,547
404,722
Ameriprise
Financial,
Inc
177,446
29,181
Amlak
International
Finance
Co
109
2,541,222
AMP
Ltd
1,939
403
(c)
Amundi
S.A.
28
10,121
Anand
Rathi
Wealth
Ltd
450
28,758
Angel
One
Ltd
1,050
392,712
(c)
Anima
Holding
S.p.A
1,867
150,488
Annaly
Capital
Management,
Inc
2,963
37,172
(b)
Antin
Infrastructure
Partners
S.A.
539
473,061
Apollo
Global
Management,
Inc
53,196
113,230
Aptus
Value
Housing
Finance
India
Ltd
421
239,802
Ares
Management
Corp
31,889
187,758
Arzan
Financial
Group
for
Financing
&
Investment
KPSC
119
57
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
363,608
Ashmore
Group
plc
$
898
248,840
(a)
AssetMark
Financial
Holdings,
Inc
8,811
175,021
Australian
Stock
Exchange
Ltd
7,572
101,283
(a),(b)
Avanza
Bank
Holding
AB
2,183
84,514
AVIC
Industry-Finance
Holdings
Co
Ltd
35
87,276
Azimut
Holding
S.p.A.
2,373
2,342,529
B3
SA-Brasil
Bolsa
Balcao
5,600
153,000
(a),(c)
Bairong,
Inc
217
229,274
Bajaj
Finance
Ltd
20,020
159,271
Bajaj
Finserv
Ltd
3,151
22,207
Bajaj
Holdings
&
Investment
Ltd
2,207
48,146
Banca
Generali
SpA
1,913
16,093
Banca
IFIS
S.p.A.
315
926,520
Banca
Mediolanum
S.p.A
10,183
7,900,654
Banco
BTG
Pactual
S.A.
-
Unit
57,387
1,691,100
Bangkok
Commercial
Asset
Management
PCL
462
3,909,937
Bank
of
New
York
Mellon
Corp
225,291
348,364
(a),(d)
BBI
EPS
Ltd
2
1,712,235
(a)
Berkshire
Hathaway,
Inc
720,029
1,154,800
(a)
Beyond
Securities
PCL
116
872,333
(c)
BFF
Bank
S.p.A
11,679
5,541,800
BFI
Finance
Indonesia
Tbk
PT
468
159,400
BGC
Group,
Inc
1,239
208,438
BlackRock,
Inc
173,775
472,971
Blackstone,
Inc
62,134
1,155,990
(a)
Block,
Inc
97,774
340,494
Blue
Owl
Capital,
Inc
6,422
63,400
BOC
International
China
Co
Ltd
88
355,400
(b)
Bolsa
Mexicana
de
Valores
SAB
de
C.V.
793
71,749
Boursa
Kuwait
Securities
Co
KPSC
490
815,911
Bridgepoint
Group
Holdings
Ltd
2,670
268,775
Brightsphere
Investment
Group,
Inc
6,139
306,345
(b)
Brookfield
Asset
Management
Ltd
12,869
1,211,884
(a)
Brookfield
Corp
50,710
51,567
BSE
Ltd
1,558
142,802
Bure
Equity
AB
4,577
148,021
Burford
Capital
Ltd
2,322
987,500
Bursa
Malaysia
BHD
1,557
128,452
Caitong
Securities
Co
Ltd
131
65,294
Can
Fin
Homes
Ltd
591
68,348
Canaccord
Financial,
Inc
449
173,347
(a)
Cannae
Holdings,
Inc
3,855
528,300
(a)
Cantaloupe,
Inc
3,397
178
Capital
One
Financial
Corp
27
1,257,000
Capital
Securities
Corp
744
89,327
Carlyle
Group,
Inc
4,190
70,414
Cboe
Global
Markets,
Inc
12,937
23,880
(b)
Cembra
Money
Bank
AG.
2,000
37,582
Central
Depository
Services
India
Ltd
773
131,600
Century
Leasing
System,
Inc
1,371
639,854
Chailease
Holding
Co
Ltd
3,429
350,923
Challenger
Financial
Services
Group
Ltd
1,626
77,264
Changjiang
Securities
Co
Ltd
54
4,956,093
(b)
Charles
Schwab
Corp
358,524
647,000
China
Bills
Finance
Corp
305
4,269,574
China
Cinda
Asset
Management
Co
Ltd
355
896,000
China
Everbright
Ltd
446
1,647,959
China
Galaxy
Securities
Co
Ltd
810
172,650
China
Galaxy
Securities
Co
Ltd
(Class
A)
283
142,400
China
Great
Wall
Securities
Co
Ltd
145
55,000
China
International
Capital
Corp
Ltd
244
635,337
(c)
China
International
Capital
Corp
Ltd
754
CREF
Stock
Account
March
31,
2024
58
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
167,636
China
Merchants
Securities
Co
Ltd
$
321
100,900
(a),(b),(c),(d)
China
Renaissance
Holdings
Ltd
0
^
76,922
Cholamandalam
Financial
Holdings
Ltd
1,029
167,454
Cholamandalam
Investment
and
Finance
Co
Ltd
2,332
126,787
(b)
CI
Financial
Corp
1,621
1,011,500
Cielo
S.A.
1,089
788,465
CITIC
Securities
Co
Ltd
1,302
338,516
CITIC
Securities
Co
Ltd
(Class
A)
906
269,531
CME
Group,
Inc
58,027
128,099
(a)
Coinbase
Global,
Inc
33,962
239,420
Compass
Diversified
Trust
5,763
1,337,489
Corebridge
Financial,
Inc
38,426
145,931
Coronation
Fund
Managers
Ltd
233
90,239
(a)
Corpay,
Inc
27,842
97,126
(b)
Creades
AB
651
4,673
(a)
Credit
Acceptance
Corp
2,577
55,545
(b)
Credit
Corp
Group
Ltd
669
249,100
Credit
Saison
Co
Ltd
5,138
44,826
(a)
CreditAccess
Grameen
Ltd
777
14,441
CRISIL
Ltd
879
120,625
CSC
Financial
Co
Ltd
367
2,962,000
CSSC
Hong
Kong
Shipping
Co
Ltd
488
77,624
Daishin
Securities
Co
Ltd
908
28,638
Daishin
Securities
Co
Ltd
PF
311
1,219,000
(a)
Daiwa
Securities
Group,
Inc
9,275
11,520
Daou
Data
Corp
109
17,593
Daou
Technology,
Inc
277
63,470
Deutsche
Bank
AG.
(Registered)
1,000
182,385
Deutsche
Boerse
AG.
37,351
102,748
(b),(c)
Deutsche
Pfandbriefbank
AG.
549
106,000
(a)
Diamond
Biofund,
Inc
140
95,142
Discover
Financial
Services
12,472
69,025
Dongxing
Securities
Co
Ltd
75
1,429,907
(a)
Dubai
Financial
Market
PJSC
576
419,266
East
Money
Information
Co
Ltd
748
172,210
(b)
ECN
Capital
Corp
266
41,006,865
Edelweiss
Financial
Services
Ltd
31,304
246,795
Edenred
13,178
74,818
EFG
International
937
399,265
E-Finance
for
Digital
&
Financial
Investments
186
25,886
eGuarantee,
Inc
307
918,084
(a)
Egyptian
Financial
Group-Hermes
Holding
342
394,162
Enact
Holdings,
Inc
12,290
440,163
(b)
EQT
AB
13,935
865,988
Equitable
Holdings,
Inc
32,916
189,111
Essent
Group
Ltd
11,254
1,895
Eurazeo
166
18,527
(a)
Euronet
Worldwide,
Inc
2,037
365,598
(c)
Euronext
NV
34,794
105,806
Everbright
Securities
Co
Ltd
238
164,329
Evercore
Partners,
Inc
(Class
A)
31,648
92,821
EXOR
NV
10,330
28,043
Factset
Research
Systems,
Inc
12,742
531,401
Far
East
Horizon
Ltd
394
1,118,533
(a)
Fawry
for
Banking
&
Payment
Technology
Services
SAE
178
1,282,886
(b)
Fidelity
National
Information
Services,
Inc
95,164
55,663
(b)
Fiera
Capital
Corp
339
56,600
Financial
Partners
Group
Co
Ltd
796
94,600
FinVolution
Group
(ADR)
477
155,891
First
Capital
Securities
Co
Ltd
115
14,351
(b)
First
National
Financial
Corp
399
230,022
FirstCash
Holdings,
Inc
29,337
59
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,107,599
(b)
FirstRand
Ltd
$
6,867
2,141,431
(a)
Fiserv,
Inc
342,244
80,107
(a)
Five-Star
Business
Finance
Ltd
693
121,989
(a)
flatexDEGIRO
AG.
1,367
207,014
(a)
FleetPartners
Group
Ltd
507
27,392
(b)
Flow
Traders
540
592,155
(a)
Flywire
Corp
14,691
183,100
Founder
Securities
Co
Ltd
198
223,556
Franklin
Resources,
Inc
6,284
4,109,347
Fuhwa
Financial
Holdings
Co
Ltd
3,866
22,453
(a)
Fusion
Micro
Finance
Ltd
125
46,400
(a),(b)
Futu
Holdings
Ltd
(ADR)
2,513
14,484
Fuyo
General
Lease
Co
Ltd
1,289
109,140
(b)
GCM
Grosvenor,
Inc
1,054
635,000
(c)
Genertec
Universal
Medical
Group
Co
Ltd
347
909,500
(b)
Gentera
SAB
de
C.V.
1,562
424,636
GF
Securities
Co
Ltd
440
168,708
GF
Securities
Co
Ltd
(Class
A)
313
458,166
Global
Payments,
Inc
61,238
2,500
GMO
Financial
Gate,
Inc
148
15,901
GMO
Financial
Holdings,
Inc
83
278,600
GMO
Payment
Gateway,
Inc
18,044
95,713
(b)
goeasy
Ltd
11,263
459,915
Goldman
Sachs
Group,
Inc
192,102
189,840
Granite
Point
Mortgage
Trust,
Inc
906
21,587
GRENKE
AG.
564
168,475
Groupe
Bruxelles
Lambert
S.A.
12,736
10,312
Guangzhou
Yuexiu
Capital
Holdings
Group
Co
Ltd
8
28,904
Guolian
Securities
Co
Ltd
45
100,849
Guosen
Securities
Co
Ltd
116
2,407,800
(b)
Guotai
Junan
International
Holdings
Ltd
163
194,816
Guotai
Junan
Securities
Co
Ltd
384
113,154
Guoyuan
Securities
Co
Ltd
101
1,422,773
Haitong
Securities
Co
Ltd
681
250,312
Haitong
Securities
Co
Ltd
(Class
A)
300
1,330,000
(b),(c)
Haitong
UniTrust
International
Leasing
Co
Ltd
178
34,000
Hamilton
Lane,
Inc
3,834
123,618
(a)
Hanwha
Investment
&
Securities
Co
Ltd
369
7,089
Hargreaves
Lansdown
plc
66
40,964
(c)
HDFC
Asset
Management
Co
Ltd
1,847
233,291
Helia
Group
Ltd
594
14,886
Hithink
RoyalFlush
Information
Network
Co
Ltd
278
26,101
(c)
Home
First
Finance
Co
India
Ltd
282
2,639,089
Hong
Kong
Exchanges
and
Clearing
Ltd
76,898
155,000
Hotai
Finance
Co
Ltd
579
37,882
Houlihan
Lokey,
Inc
4,856
536,940
(c)
Huatai
Securities
Co
Ltd
614
106,634
Huatai
Securities
Co
Ltd
(Class
A)
204
57,773
HUB24
Ltd
1,596
3,582
(a)
Hypoport
SE
911
115,109
(a)
I3
Verticals,
Inc
2,635
68,982
(c)
ICICI
Securities
Ltd
602
1,116
ICRA
Ltd
73
914,517
(a)
IDFC
Ltd
1,218
103,100
iFAST
Corp
Ltd
509
401,778
(a)
IFCI
Ltd
192
2,201,368
IG
Group
Holdings
plc
20,311
77,708
(b)
IGM
Financial,
Inc
2,004
158,497
IIFL
Finance
Ltd
646
54,080
IIFL
Securities
Ltd
80
47,551
Illimity
Bank
S.p.A
250
82,749
Impax
Asset
Management
Group
plc
485
CREF
Stock
Account
March
31,
2024
60
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
280,316
Indiabulls
Housing
Finance
Ltd
$
567
303,865
(c)
Indian
Energy
Exchange
Ltd
491
526,758
(a)
Indian
Renewable
Energy
Development
Agency
Ltd
870
223,554
Industrial
Securities
Co
Ltd
168
5,511
(b)
Industrivarden
AB
190
125,262
Industrivarden
AB
4,308
860,724
Infibeam
Avenues
Ltd
354
560,979
IntegraFin
Holdings
plc
1,964
77,637
Interactive
Brokers
Group,
Inc
(Class
A)
8,673
1,622,636
Intercontinental
Exchange,
Inc
222,999
228,878
Intermediate
Capital
Group
plc
5,928
416,630
(a)
International
Money
Express,
Inc
9,512
16,793
Inversiones
La
Construccion
S.A.
138
273,387
Invesco
Ltd
4,535
202,924
Investcorp
Capital
plc
118
191,022
Investec
Ltd
1,260
504,284
Investec
plc
3,381
51,104
Investment
AB
Oresund
560
57,004
Investor
AB
1,430
421,706
IOOF
Holdings
Ltd
693
860,464
IP
Group
plc
517
448,014
Is
Yatirim
Menkul
Degerler
AS
428
2,800
iShares
Core
S&P
500
ETF
1,472
1,101,597
iShares
MSCI
ACWI
ETF
121,319
657,063
(b)
iShares
MSCI
Canada
Index
Fund
25,152
27,500
(b)
iShares
MSCI
EAFE
Index
Fund
2,196
6,580
(b)
iShares
Russell
2000
Index
Fund
1,384
163,529
Isracard
Ltd
667
61,800
(b)
J
Trust
Co
Ltd
180
16,725
Jaccs
Co
Ltd
608
53,063
Jack
Henry
&
Associates,
Inc
9,219
120,100
Jackson
Financial,
Inc
7,943
474,154
(b)
Jafco
Co
Ltd
5,864
179,028
Janus
Henderson
Group
plc
5,888
72,100
Japan
Securities
Finance
Co
Ltd
797
283,957
Jefferies
Financial
Group,
Inc
12,523
301,575
JM
Financial
Ltd
271
549,200
JMT
Network
Services
PCL
337
55,914
(a)
JSE
Ltd
261
110,214
(c)
JTC
plc
1,144
16,718
(b)
Julius
Baer
Group
Ltd
970
404,358
Jupiter
Fund
Management
plc
453
21,315
(a)
Kakaopay
Corp
617
47,013
Katilimevim
Tasarruf
Finansman
AS.
179
43,358
(a)
Kfin
Technologies
Ltd
319
195,445
(a)
Kinnevik
AB
2,192
12,174
KIWOOM
Securities
Co
Ltd
1,115
845,255
KKR
&
Co,
Inc
85,016
17,429
Korea
Investment
Holdings
Co
Ltd
863
14,303
KRUK
S.A.
1,584
632,428
Krungthai
Card
PCL
794
533,338
L&T
Finance
Holdings
Ltd
1,015
1,079,311
Ladder
Capital
Corp
12,013
195,378
Lazard,
Inc
8,180
6,911
(b)
Leonteq
AG.
208
236,556
LIC
Housing
Finance
Ltd
1,739
91,101
Liontrust
Asset
Management
plc
773
863,855
London
Stock
Exchange
Group
plc
103,364
56,393
LPL
Financial
Holdings,
Inc
14,899
152,700
Lufax
Holding
Ltd
(ADR)
644
12,300
M&A
Capital
Partners
Co
Ltd
182
99,700
(a)
M&A
Research
Institute
Holdings,
Inc
4,452
61
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,202,788
M&G
plc
$
6,131
66,988
(b)
MA
Financial
Group
Ltd
213
329,685
Macquarie
Group
Ltd
42,885
139,328
Magellan
Financial
Group
Ltd
898
385,365
Mahindra
&
Mahindra
Financial
Services
Ltd
1,293
17,788,253
Man
Group
plc
60,035
413,588
Manappuram
Finance
Ltd
861
26,169
MarketAxess
Holdings,
Inc
5,738
2,074,170
(a)
Marqeta,
Inc
12,362
128,900
(b)
Marui
Co
Ltd
2,066
34,143
(c)
MAS
Financial
Services
Ltd
117
2,225,728
Mastercard,
Inc
(Class
A)
1,071,844
92,000
(b)
Matsui
Securities
Co
Ltd
502
86,976
Meritz
Financial
Group,
Inc
5,289
62,249
MGIC
Investment
Corp
1,392
87,923
Mirae
Asset
Daewoo
Co
Ltd
531
705,900
Mitsubishi
UFJ
Lease
&
Finance
Co
Ltd
4,923
122,500
Mizuho
Leasing
Co
Ltd
903
99,654
(a)
Molten
Ventures
plc
298
158,952
Monex
Group,
Inc
947
83,384
Moody's
Corp
32,772
692,361
Morgan
Stanley
65,193
19,174
Morningstar,
Inc
5,913
32,616
Motilal
Oswal
Financial
Services
Ltd
655
63,936
MSCI,
Inc
(Class
A)
35,833
449,982
Muangthai
Capital
PCL
575
18,722
Multi
Commodity
Exchange
of
India
Ltd
755
5,469
Mutares
SE
&
Co
KGaA
218
44,408
Muthoot
Finance
Ltd
791
99,600
Nanjing
Securities
Co
Ltd
106
403,813
Nasdaq
Stock
Market,
Inc
25,481
367,093
National
Investments
Co
KSCP
316
48,490
(a)
Nayifat
Finance
Co
185
48,481
(a)
NCR
Corp
ATM
958
510,150
Netwealth
Group
Ltd
7,015
368,084
(a),(c)
Network
International
Holdings
plc
1,827
21,863
(a),(c)
Nexi
S.p.A
139
1,044,400
Ngern
Tid
Lor
PCL
640
18,149
NICE
Holdings
Co
Ltd
161
164,299
Ninety
One
Ltd
350
224,311
Ninety
One
plc
483
120,074
(c)
Nippon
Life
India
Asset
Management
Ltd
679
543,834
(a)
NMI
Holdings,
Inc
17,588
28,100
Noah
Holdings
Ltd
(ADR)
321
2,726,100
(a)
Nomura
Holdings,
Inc
17,448
108,809
(b)
Nordnet
AB
publ
1,996
4,977
(a)
Nuvama
Wealth
Management
Ltd
281
194,510
(b)
Nuvei
Corp
6,149
112,475
(c)
Nuvei
Corp
3,556
119,593
(b)
Okasan
Holdings,
Inc
640
3,358,416
(a)
Omni
Bridgeway
Ltd
3,313
206,065
(a)
One
97
Communications
Ltd
999
207,510
OneMain
Holdings,
Inc
10,602
62,440
Onex
Corp
4,677
41,250
Orient
Corp
292
196,051
Orient
Securities
Co
Ltd
224
2,429,740
ORIX
Corp
53,143
454,677
Osaka
Securities
Exchange
Co
Ltd
12,315
2,119,238
OSB
Group
plc
10,095
88,688
(a)
Oyak
Yatirim
Menkul
Degerler
AS.
115
6,068,800
(a)
Pacific
Strategic
Financial
Tbk
PT
421
606,330
(a)
Pagseguro
Digital
Ltd
8,658
CREF
Stock
Account
March
31,
2024
62
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
400,790
Paisalo
Digital
Ltd
$
292
158,226
Paragon
Group
of
Cos
plc
1,379
741
Partners
Group
1,059
353,840
Patria
Investments
Ltd
5,251
710,200
(a)
Payoneer
Global,
Inc
3,452
1,629,932
(a)
PayPal
Holdings,
Inc
109,189
1,681,861
(a)
Pensionbee
Group
plc
2,303
202,171
Pepper
Money
Ltd
216
80,762
(b)
Perpetual
Trustees
Australia
Ltd
1,320
118,234
Pinnacle
Investment
Management
Group
Ltd
895
106,554
Piper
Jaffray
Cos
21,150
1,460,725
Piramal
Enterprises
Ltd
14,904
378,181
Platinum
Asset
Mangement
Ltd
266
152,936
Plus500
Ltd
3,484
86,280
(a),(c)
PNB
Housing
Finance
Ltd
653
64,698
Polar
Capital
Holdings
plc
372
572,127
Poonawalla
Fincorp
Ltd
3,200
1,291,197
Power
Finance
Corp
Ltd
6,058
669,000
President
Securities
Corp
506
177,730
Provident
Financial
plc
118
3,727
Prudent
Corporate
Advisory
Services
Ltd
56
911,717
PSG
Konsult
Ltd
737
1,075,784
(c)
Quilter
plc
1,456
1,973,180
Ratchthani
Leasing
PCL
121
46,752
Rathbone
Brothers
914
156,156
(b)
Ratos
AB
(B
Shares)
513
137,731
Raymond
James
Financial,
Inc
17,687
1,746,564
REC
Ltd
9,480
54,149
Reinet
Investments
S.C.A
1,310
30,238,266
(a)
Reliance
Strategic
Investments
Ltd
128,555
412,933
Remgro
Ltd
2,662
112,650
(a)
Remitly
Global,
Inc
2,336
11,261
Ricoh
Leasing
Co
Ltd
392
358,233
Rithm
Capital
Corp
3,998
898,711
(a)
Robinhood
Markets,
Inc
18,091
88,235
(a),(b)
Rocket
Cos,
Inc
1,284
616,488
S&P
Global,
Inc
262,285
22,865
Samsung
Securities
Co
Ltd
691
19,589
Saudi
Tadawul
Group
Holding
Co
1,427
110,107
SBI
Cards
&
Payment
Services
Ltd
903
1,256,850
SBI
Holdings,
Inc
32,967
29,807
Schroders
plc
142
153,200
SDIC
Capital
Co
Ltd
136
72,082
SEI
Investments
Co
5,183
9,187
Share
India
Securities
Ltd
178
665,244
Shenwan
Hongyuan
Group
Co
Ltd
407
40,039
(a),(b)
Shift4
Payments,
Inc
2,645
6,831
Shinyoung
Securities
Co
Ltd
323
36,465
SHL
Finance
Co
164
115,117
Shriram
Finance
Ltd
3,265
775,274
Singapore
Exchange
Ltd
5,291
105,000
Sinolink
Securities
Co
Ltd
123
163,675
SLM
Corp
3,566
27,107,620
Sociedad
de
Inversiones
Oro
Blanco
S.A.
190
3,695
Societe
Fonciere
Financiere
et
de
Participations
FFP
467
711,651
(a),(b)
SoFi
Technologies,
Inc
5,195
15,622
(b)
Sofina
S.A.
3,503
125,135
SooChow
Securities
Co
Ltd
117
135,973
Southwest
Securities
Co
Ltd
72
20,048
(a)
Spandana
Sphoorty
Financial
Ltd
203
18,871
Sparx
Group
Co
Ltd
235
4,500
SPDR
S&P
500
ETF
Trust
2,354
63
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
183,043
(b)
SPDR
S&P
Biotech
ETF
$
17,369
16,984
Sprott,
Inc
627
462,200
Srisawad
Corp
PCL
536
19,058
St.
James's
Place
plc
112
539,420
(b)
Starwood
Property
Trust,
Inc
10,966
86,666
State
Street
Corp
6,701
105,070
StepStone
Group,
Inc
3,755
72,508
Stifel
Financial
Corp
5,668
1,318,318
(a)
StoneCo
Ltd
21,897
53,700
(a)
StoneX
Group,
Inc
3,773
8,624
Strike
Co
Ltd
276
63,277
Svolder
AB
382
9,295
Swissquote
Group
Holding
S.A.
2,606
355,000
(b)
SY
Holdings
Group
Ltd
190
164,859
T
Rowe
Price
Group,
Inc
20,100
82,553
Tamburi
Investment
Partners
S.p.A.
886
10,866
Tata
Investment
Corp
Ltd
819
805,393
Tel
Aviv
Stock
Exchange
Ltd
5,434
241,500
Tianfeng
Securities
Co
Ltd
96
69,715
(b)
Timbercreek
Financial
Corp
398
258,791
TMX
Group
Ltd
6,826
321,953
(a)
Toast,
Inc
8,023
173,480
Tokai
Tokyo
Securities
Co
Ltd
692
84,132
Tong
Yang
Investment
Bank
169
618,131
TP
ICAP
Group
plc
1,757
53,502
TPG,
Inc
2,392
74,075
Tradeweb
Markets,
Inc
7,716
1,058,597
Turkiye
Sinai
Kalkinma
Bankasi
AS
277
379,671
(a)
Tyro
Payments
Ltd
254
1,262,410
UBS
Group
AG
38,781
5,004,359
UBS
Group
AG
154,089
18,467
Ujjivan
Financial
Services
Ltd
106
85,600
(a),(b)
Up
Fintech
Holding
Ltd
(ADR)
294
43,062
UTI
Asset
Management
Co
Ltd
422
70,490
(b)
UWM
Holdings
Corp
512
848,011
Value
Partners
Group
Ltd
194
129,318
Van
Lanschot
Kempen
NV
4,398
18,722
Verusa
Holding
AS.
140
204,520
Victory
Capital
Holdings,
Inc
8,678
282,341
Virtu
Financial,
Inc
5,794
2,391,602
Visa,
Inc
(Class
A)
667,448
22,109
(b)
Vontobel
Holding
AG.
1,341
185,456
Voya
Financial,
Inc
13,709
23,175
Warsaw
Stock
Exchange
246
197,501
Washington
H
Soul
Pattinson
&
Co
Ltd
4,324
1,850,395
Waterland
Financial
Holdings
804
31,400
(a),(b)
WealthNavi,
Inc
345
18,674
Wendel
1,906
112,603
Western
Securities
Co
Ltd
105
420,051
Western
Union
Co
5,872
18,083
(a)
WEX,
Inc
4,295
616,792
(a)
Wise
plc
7,210
43,564
Woori
Investment
&
Securities
Co
Ltd
382
8,888
(a),(c)
Worldline
S.A.
110
1,235,449
XP,
Inc
31,702
33,975
(c)
XTB
S.A.
465
9,326,200
(b)
Yangzijiang
Financial
Holding
Ltd
2,210
148,400
(a),(b)
Yeahka
Ltd
231
1,698,000
(b),(c)
Yixin
Group
Ltd
143
199,129
Yulon
Finance
Corp
898
193,365
Zenkoku
Hosho
Co
Ltd
6,927
113,991
Zheshang
Securities
Co
Ltd
178
CREF
Stock
Account
March
31,
2024
64
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
250,300
Zhongtai
Securities
Co
Ltd
$
231
TOTAL
FINANCIAL
SERVICES
8,256,711
FOOD,
BEVERAGE
&
TOBACCO
-
2.8%
142,298
AAK
AB
3,381
69,716
AG.
Barr
plc
512
217,551
(a)
Agrotech
Yueksek
Teknoloji
VE
Yatirim
AS.
237
241,807
Agthia
Group
PJSC
387
374,537
Ajinomoto
Co,
Inc
13,987
15,719
Al
Jouf
Agricultural
Development
Co
229
220,028
Almarai
Co
JSC
3,356
115,398
Altria
Group,
Inc
5,034
1,980,539
Ambev
S.A.
4,932
165,160
Anadolu
Efes
Biracilik
Ve
Malt
Sanayii
AS
772
16,111
Angel
Yeast
Co
Ltd
64
1,182,207
(b)
Anheuser-Busch
InBev
S.A.
71,966
113,128
Anhui
Gujing
Distillery
Co
Ltd
1,592
21,514
Anhui
Gujing
Distillery
Co
Ltd
(Class
A)
782
25,117
Anhui
Kouzi
Distillery
Co
Ltd
141
29,000
Anhui
Yingjia
Distillery
Co
Ltd
262
442,226
(b)
Arca
Continental
SAB
de
C.V.
4,831
165,375
Archer-Daniels-Midland
Co
10,387
13,272
Ariake
Japan
Co
Ltd
461
3,944,035
(a)
Aryzta
AG.
7,162
768,335
Asahi
Breweries
Ltd
28,213
647,297
Associated
British
Foods
plc
20,423
32,112
Astral
Foods
Ltd
240
76,223
Austevoll
Seafood
ASA
600
141,351
(a)
Australian
Agricultural
Co
Ltd
125
32,322
Avanti
Feeds
Ltd
188
326,170
AVI
Ltd
1,573
39,816
Bakkafrost
P
2,556
642,706
Baladna
206
99,297
Balrampur
Chini
Mills
Ltd
432
130
Barry
Callebaut
AG.
189
227,536
Bega
Cheese
Ltd
620
235,601
Beijing
Dabeinong
Technology
Group
Co
Ltd
160
121,000
Beijing
Yanjing
Brewery
Co
Ltd
154
1,529
Bell
Food
Group
AG.
458
650,100
Betagro
PCL
394
53,080
Bikaji
Foods
International
Ltd
313
17,447
Bombay
Burmah
Trading
Co
329
6,948
(b)
Bonduelle
S.C.A.
56
7,012
(a)
Boston
Beer
Co,
Inc
(Class
A)
2,135
32,300
BrasilAgro-Co
Brasileira
de
Propriedades
Agricolas
158
484,600
(a)
BRF
S.A.
1,577
94,458
Britannia
Industries
Ltd
5,563
64,000
British
American
Tobacco
Malaysia
BHD
109
1,236,262
British
American
Tobacco
plc
37,522
1,438,700
Britvic
plc
14,901
3,923
Brown-Forman
Corp
(Class
A)
208
14,663
Brown-Forman
Corp
(Class
B)
757
445,237
Bunge
Global
S.A.
45,646
311,591
C&C
Group
plc
644
65,400
(b)
Calbee,
Inc
1,474
73,000
Camil
Alimentos
S.A.
131
8,010
Campbell
Soup
Co
356
208,100
Carabao
Group
PCL
363
178,915
Carlsberg
AS
(Class
B)
24,502
201,200
Carlsberg
Brewery
Malaysia
Bhd
782
59,493
CCL
Products
India
Ltd
418
410,416
(a)
Celsius
Holdings,
Inc
34,032
65
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
947,800
Century
Pacific
Food,
Inc
$
674
132,800
Charoen
Pokphand
Enterprise
456
3,075,531
Charoen
Pokphand
Foods
PCL
1,536
6,181,218
Charoen
Pokphand
Indonesia
Tbk
PT
2,047
3,495,021
(c)
China
Feihe
Ltd
1,645
2,408,000
China
Foods
Ltd
895
4,375,889
(a),(d)
China
Huishan
Dairy
Holdings
Co
Ltd
6
370,000
(a),(d)
China
Huiyuan
Juice
Group
Ltd
0
^
1,343,227
China
Mengniu
Dairy
Co
Ltd
2,891
3,105,000
(b)
China
Modern
Dairy
Holdings
Ltd
258
684,357
China
Resources
Beer
Holdings
Company
Ltd
3,160
937,000
(b),(c)
China
Youran
Dairy
Group
Ltd
146
5
Chocoladefabriken
Lindt
&
Spruengli
AG.
603
22,427
Chongqing
Brewery
Co
Ltd
201
88,277
Cia
Cervecerias
Unidas
S.A.
524
6,973
CJ
CheilJedang
Corp
1,513
197,991
Cloetta
AB
336
3,433,013
Coca-Cola
Co
210,032
1,611,280
(a)
Coca-Cola
Europacific
Partners
plc
112,709
453,983
(b)
Coca-Cola
Femsa
SAB
de
C.V.
4,407
6,130
Coca-Cola
HBC
AG.
194
65,381
(a)
Coca-Cola
Icecek
AS
1,137
105,800
Coca-Cola
West
Japan
Co
Ltd
1,560
2,280,000
(a),(b)
COFCO
Joycome
Foods
Ltd
484
37,768
ConAgra
Brands,
Inc
1,119
77,176
Constellation
Brands,
Inc
(Class
A)
20,973
41,420
Cranswick
plc
2,144
15,133
Daesang
Corp
220
293,269
Danone
18,958
178,716
(a)
Darling
International,
Inc
8,312
8,127,283
Davide
Campari-Milano
NV
81,679
1,771,433
Diageo
plc
65,547
4,879
(a)
Dodla
Dairy
Ltd
47
523,400
(b)
Dole
plc
6,244
2,585
Dongwon
F&B
Co
Ltd
64
17,000
Dydo
Drinco,
Inc
307
1,069,228
Eastern
Tobacco
609
14,100
Eastroc
Beverage
Group
Co
Ltd
367
317,283
Embotelladora
Andina
S.A.
804
1,710
(b)
Emmi
AG.
1,697
39,215
Ezaki
Glico
Co
Ltd
1,095
591,100
Farm
Fresh
Bhd
176
1,453,522
Fevertree
Drinks
plc
22,033
13,194
First
Milling
Co
282
1,944,000
First
Pacific
Co
979
387,000
First
Resources
Ltd
393
14,982
Flowers
Foods,
Inc
356
1,626,883
(b)
Fomento
Economico
Mexicano
S.A.
de
C.V.
21,264
1,086,266
Fomento
Economico
Mexicano
SAB
de
C.V.
(ADR)
141,508
231,161
Foshan
Haitian
Flavouring
&
Food
Co
Ltd
1,267
96,600
Fraser
&
Neave
Holdings
Bhd
600
119,195
Fresh
Del
Monte
Produce,
Inc
3,088
32,464
(a)
Freshpet,
Inc
3,761
11,445
Fu
Jian
Anjoy
Foods
Co
Ltd
131
34,727
Fuji
Oil
Co
Ltd
544
69,816
Fujian
Sunner
Development
Co
Ltd
150
37,232
Fujicco
Co
Ltd
467
3,382
Fujiya
Co
Ltd
56
119,105
Futuris
Corp
Ltd
728
23,347
General
Mills,
Inc
1,634
517,600
GFPT
PCL
(Foreign)
173
155,705
Glanbia
plc
3,071
CREF
Stock
Account
March
31,
2024
66
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
10,475
Godfrey
Phillips
India
Ltd
$
389
5,525,825
Golden
Agri-Resources
Ltd
1,105
467,500
Great
Wall
Enterprise
Co
Ltd
843
400,724
(a)
Greencore
Group
plc
603
41,836
Grieg
Seafood
ASA
262
150,016
(b)
Gruma
SAB
de
C.V.
2,805
1,133,041
(b)
Grupo
Bimbo
S.A.
de
C.V.
(Series
A)
5,368
67,845
Guangdong
Haid
Group
Co
Ltd
404
112,464
Gujarat
Ambuja
Exports
Ltd
216
132,650
(a)
Hain
Celestial
Group,
Inc
1,043
7,885
(a)
Halwani
Brothers
Co
107
42,064
Harim
Holdings
Co
Ltd
210
172,314
Health
&
Happiness
H&H
International
Holdings
Ltd
231
65,700
Hebei
Yangyuan
Zhihui
Beverage
Co
Ltd
228
103,332
Heilongjiang
Agriculture
Co
Ltd
172
100,624
Heineken
Holding
NV
8,121
119,400
Heineken
Malaysia
Bhd
586
2,343,442
Heineken
NV
225,926
216,823
Henan
Shuanghui
Investment
&
Development
Co
Ltd
774
9,750
Hershey
Co
1,896
58,007
Hilton
Food
Group
plc
617
33,088
(a)
Hindustan
Foods
Ltd
187
22,675
Hite
Jinro
Co
Ltd
345
14,500
Hokuto
Corp
175
23,006
Hormel
Foods
Corp
803
49,962
House
Foods
Corp
1,017
530,600
Ichitan
Group
PCL
243
27,878
Imperial
Tobacco
Group
plc
623
1,821,709
Indofood
CBP
Sukses
Makmur
Tbk
PT
1,332
291,423
Inghams
Group
Ltd
682
58,376
Ingredion,
Inc
6,821
346,853
Inner
Mongolia
Yili
Industrial
Group
Co
Ltd
1,336
9,135,000
(a),(d)
Inti
Agri
Resources
Tbk
PT
0
^
1,869,106
IOI
Corp
BHD
1,561
424,500
I-TAIL
Corp
PCL
234
1,260,553
ITC
Ltd
6,491
43,000
Ito
En
Ltd
1,052
18,940
Itoham
Yonekyu
Holdings,
Inc
498
8,212
J.M.
Smucker
Co
1,034
66,400
Jalles
Machado
S.A.
105
435,800
Japan
Tobacco,
Inc
11,619
4,685,000
Japfa
Comfeed
Indonesia
Tbk
PT
352
648,582
JBS
S.A.
2,780
3,168
JDE
Peet's
NV
67
65,626
Jiangsu
King's
Luck
Brewery
JSC
Ltd
540
78,681
Jiangsu
Yanghe
Brewery
Joint-Stock
Co
Ltd
1,074
5,962
JiuGui
Liquor
Co
Ltd
47
13,046
J-Oil
Mills,
Inc
167
38,964
Jonjee
Hi-Tech
Industrial
And
Commercial
Holding
Co
Ltd
134
60,646
Kagome
Co
Ltd
1,470
10,900
Kameda
Seika
Co
Ltd
306
23,394
Kaveri
Seed
Co
Ltd
175
103,945
Kayseri
Seker
Fabrikasi
AS.
93
10,700
Kellogg
Co
613
2,608
Kerry
Group
plc
(Class
A)
223
516,657
Keurig
Dr
Pepper,
Inc
15,846
80,397
Kewpie
Corp
1,491
1,984,200
Khon
Kaen
Sugar
Industry
PCL
128
578,000
Kikkoman
Corp
7,418
160,600
Kirin
Brewery
Co
Ltd
2,233
78,900
Kotobuki
Spirits
Co
Ltd
992
4,446,624
Kraft
Heinz
Co
164,080
67
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
42,521
KRBL
Ltd
$
142
86,802
KT&G
Corp
6,041
392,195
Kuala
Lumpur
Kepong
BHD
1,851
62,785
Kweichow
Moutai
Co
Ltd
14,800
149,618
Lamb
Weston
Holdings,
Inc
15,939
3,482
Lassonde
Industries,
Inc
382
225,195
Leroy
Seafood
Group
ASA
991
61,211
Lian
HWA
Food
Corp
186
671,398
Lien
Hwa
Industrial
Corp
1,427
31
(b)
Lindt
&
Spruengli
AG.
371
3,020
Lotte
Chilsung
Beverage
Co
Ltd
287
1,838
Lotte
Wellfood
Co
Ltd
167
925
(b)
Lotus
Bakeries
NV
8,932
113,162
LT
Foods
Ltd
255
77,723
Luzhou
Laojiao
Co
Ltd
1,993
57,700
M
Dias
Branco
S.A.
439
62,285
Maple
Leaf
Foods,
Inc
1,021
295,678
(a)
Marfrig
Global
Foods
S.A.
608
432,841
Marico
Ltd
2,586
28,800
Maruha
Nichiro
Corp
564
18,746
McCormick
&
Co,
Inc
1,440
36,387
Megmilk
Snow
Brand
Co
Ltd
646
152,900
Meihua
Holdings
Group
Co
Ltd
213
186,698
MEIJI
Holdings
Co
Ltd
4,076
58,371
Mezzan
Holding
Co
KSCC
125
255,300
Minerva
S.A.
344
45,200
Mitsui
Sugar
Co
Ltd
931
14,007
Molson
Coors
Brewing
Co
(Class
B)
942
4,631,058
Mondelez
International,
Inc
324,174
4,408,741
(a)
Monster
Beverage
Corp
261,350
57,558
Morinaga
&
Co
Ltd
988
695,326
Morinaga
Milk
Industry
Co
Ltd
14,225
18,679
Mowi
ASA
343
19,551
Mrs
Bectors
Food
Specialities
Ltd
262
281,338
Muyuan
Foods
Co
Ltd
1,638
108,000
Namchow
Holdings
Co
Ltd
196
116,207
(a)
National
Agriculture
Development
Co
917
292,959
Nestle
India
Ltd
9,222
39,514
Nestle
Malaysia
Bhd
985
2,521,285
Nestle
S.A.
267,886
195,005
(a)
New
Hope
Liuhe
Co
Ltd
253
445,192
Nichirei
Corp
11,974
37,897
Nippon
Flour
Mills
Co
Ltd
582
67,500
Nippon
Meat
Packers,
Inc
2,260
233,759
Nippon
Suisan
Kaisha
Ltd
1,466
19,122
Nisshin
Oillio
Group
Ltd
641
161,300
Nisshin
Seifun
Group,
Inc
2,222
41,800
Nissin
Food
Products
Co
Ltd
1,152
88,568
Nissin
Foods
Co
Ltd
56
1,807,200
(c)
Nongfu
Spring
Co
Ltd
9,768
2,445
NongShim
Co
Ltd
676
63,745
Oceana
Group
Ltd
237
252,136
Origin
Enterprises
plc
857
19,998
Orion
Corp/Republic
of
Korea
1,365
80,772
Orion
Holdings
Corp
848
4,959
(b)
Orior
AG.
366
29,714
Orkla
ASA
210
706,100
Osotspa
PCL
399
1,254
Ottogi
Corp
371
1,832,266
PepsiCo,
Inc
320,665
380,222
Pernod-Ricard
S.A.
61,552
12,535,800
Perusahaan
Perkebunan
London
Sumatra
Indonesia
Tbk
PT
708
CREF
Stock
Account
March
31,
2024
68
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
243
Philip
Morris
CR
AS.
$
164
4,570,723
Philip
Morris
International,
Inc
418,770
104,099
(a)
Pilgrim's
Pride
Corp
3,573
4,221
(a)
Post
Holdings,
Inc
449
473,541
PPB
Group
BHD
1,561
476,389
Premier
Foods
plc
898
35,854
(b)
Premium
Brands
Holdings
Corp
2,343
64,238
Prima
Meat
Packers
Ltd
963
2,134,069
(b)
Primo
Water
Corp
38,861
128,194
(b)
Primo
Water
Corp
(Toronto)
2,334
409,800
PT
Astra
Agro
Lestari
Tbk
178
3,631,609
PT
Indofood
Sukses
Makmur
Tbk
1,460
730,400
QL
Resources
Bhd
908
463,300
R&B
Food
Supply
PCL
144
60,269
Radico
Khaitan
Ltd
1,251
40,668
Remy
Cointreau
S.A.
4,106
12,500
Riken
Vitamin
Co
Ltd
207
459,500
(b)
RLX
Technology,
Inc
(ADR)
882
60,708
(b)
Rogers
Sugar,
Inc
239
40,519
Royal
Unibrew
A.S.
2,681
14,294
S
Foods,
Inc
318
23,555
Sakata
Seed
Corp
578
65,140
Salmar
ASA
4,299
3,626
Samyang
Foods
Co
Ltd
572
2,268
Samyang
Holdings
Corp
120
124,300
Sao
Martinho
S.A.
769
89,100
Sappe
PCL
221
53,186
Sapporo
Holdings
Ltd
2,121
219,331
Saputo,
Inc
4,315
12,081
Saudia
Dairy
&
Foodstuff
Co
1,247
223,743
Savola
Group
3,371
2,975,600
Sawit
Sumbermas
Sarana
Tbk
PT
195
100,109
(c)
Scandinavian
Tobacco
Group
A.S.
1,793
9,280
Schouw
&
Co
715
155
Seaboard
Corp
500
43,439
Shanghai
Bairun
Investment
Holding
Group
Co
Ltd
107
64,142
Shanxi
Xinghuacun
Fen
Wine
Factory
Co
Ltd
2,179
14,300
Shede
Spirits
Co
Ltd
154
14,987
Showa
Sangyo
Co
Ltd
343
529,285
(a)
Shree
Renuka
Sugars
Ltd
253
18,001
Sichuan
Swellfun
Co
Ltd
119
1,678,278
Sime
Darby
Plantation
Bhd
1,545
24,410
(a)
Sinad
Holding
Co
87
172,754
SLC
Agricola
S.A.
681
1,626,171
(b),(c)
Smoore
International
Holdings
Ltd
1,386
329,700
Srinanaporn
Marketing
PCL
156
263,000
Standard
Foods
Corp
311
42,847
(a)
Strauss
Group
Ltd
808
51,361
Suedzucker
AG.
736
17,446
Sula
Vineyards
Ltd
116
60,641
(a),(b)
SunOpta,
Inc
415
28,700
Suntory
Beverage
&
Food
Ltd
971
505,400
Ta
Ann
Holdings
Bhd
427
467,000
(a)
Taiwan
TEA
Corp
301
112,003
(b)
Takara
Holdings,
Inc
807
3,692
Tanmiah
Food
Co
143
500,692
Tata
Consumer
Products
Ltd
6,593
311,183
Tate
&
Lyle
plc
2,425
2,271,800
Thai
Union
Group
PCL
897
399,230
Thai
Vegetable
Oil
PCL
(Foreign)
207
123,646
Tiger
Brands
Ltd
1,310
61,907
Tilaknagar
Industries
Ltd
157
69
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,821,301
Tingyi
Cayman
Islands
Holding
Corp
$
1,999
69,900
Toyo
Suisan
Kaisha
Ltd
4,274
182,468
Treasury
Wine
Estates
Ltd
1,480
118,700
Tres
Tentos
Agroindustrial
S.A.
249
52,366
Triveni
Engineering
&
Industries
Ltd
196
639,100
TSH
Resources
Bhd
153
567,471
Tsingtao
Brewery
Co
Ltd
3,905
40,993
Tsingtao
Brewery
Co
Ltd
(Class
A)
478
18,000
Ttet
Union
Corp
82
15,570
Tyson
Foods,
Inc
(Class
A)
914
159,020
Ulker
Biskuvi
Sanayi
AS
508
4,260,934
Uni-President
Enterprises
Corp
10,168
682,000
United
Plantations
BHD
3,530
252,509
United
Spirits
Ltd
3,438
735,260
Universal
Robina
Corp
1,377
393,606
Varun
Beverages
Ltd
6,615
150,220
Vector
Group
Ltd
1,646
317,864
Vina
Concha
y
Toro
S.A.
385
31,076
(b)
Viscofan
S.A.
1,975
227,480
(a)
Vita
Coco
Co,
Inc
5,557
636,000
Vitasoy
International
Holdings
Ltd
545
4,110
VST
Industries
Ltd
176
4,464,694
Want
Want
China
Holdings
Ltd
2,635
297,000
Wei
Chuan
Foods
Corp
174
307,800
(b)
Weilong
Delicious
Global
Holdings
Ltd
220
366,070
Wens
Foodstuffs
Group
Co
Ltd
939
7,025,696
(c)
WH
Group
Ltd
4,638
1,617,219
Wilmar
International
Ltd
4,108
5,210
WK
Kellogg
Co
98
99,321
Wuliangye
Yibin
Co
Ltd
2,106
197,900
Yakult
Honsha
Co
Ltd
4,045
90,100
Yamazaki
Baking
Co
Ltd
2,327
392,000
Yihai
International
Holding
Ltd
743
74,900
Yihai
Kerry
Arawana
Holdings
Co
Ltd
313
903,000
(b),(c)
Zhou
Hei
Ya
International
Holdings
Co
Ltd
200
13,152
Zydus
Wellnes
Ltd
233
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
3,575,218
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
4.5%
3,478,488
(b)
Abbott
Laboratories
395,365
102,459
(a)
Acadia
Healthcare
Co,
Inc
8,117
186,400
(a)
Accolade,
Inc
1,953
115,620
(a)
Addus
HomeCare
Corp
11,948
102,500
(a)
Adicon
Holdings
Ltd
157
168,987
Advanced
Medical
Solutions
Group
plc
418
450,271
(a),(b)
agilon
health,
Inc
2,747
232,449
Aier
Eye
Hospital
Group
Co
Ltd
414
444,000
(b),(c)
AK
Medical
Holdings
Ltd
279
65,666
Al
Hammadi
Holding
1,066
447,715
Alcon,
Inc
37,031
438,600
Alfresa
Holdings
Corp
6,374
241,938
(a)
Align
Technology,
Inc
79,336
283,000
(a)
Alphatec
Holdings,
Inc
3,903
147,230
(a)
Ambu
A.S.
2,423
14,997
(a)
Amedisys,
Inc
1,382
138,160
AmerisourceBergen
Corp
33,571
583,639
Amplifon
S.p.A.
21,275
394,500
Amvis
Holdings,
Inc
6,631
16,293
(b)
Andlauer
Healthcare
Group,
Inc
511
34,000
(b),(c)
Angelalign
Technology,
Inc
327
99,729
Ansell
Ltd
1,597
166,723
Apollo
Hospitals
Enterprise
Ltd
12,727
CREF
Stock
Account
March
31,
2024
70
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
781,469
Arjo
AB
$
3,732
109,500
(a),(b),(c)
Arrail
Group
Ltd
91
43,088
As
One
Corp
754
695,300
Asahi
Intecc
Co
Ltd
12,181
98,320
(a),(c)
Aster
DM
Healthcare
Ltd
483
805,017
(a)
AtriCure,
Inc
24,489
189,844
(a),(c)
Attendo
AB
724
77,866
(b)
Australian
Clinical
Labs
Ltd
136
16,100
Autobio
Diagnostics
Co
Ltd
127
250,210
(a)
Axogen,
Inc
2,019
209,937
(a)
Axonics,
Inc
14,479
1,076,200
Bangkok
Chain
Hospital
PCL
608
4,419,500
Bangkok
Dusit
Medical
Services
PCL
3,426
4,634,471
Bangkok
Dusit
Medical
Services
PCL
3,593
43,594
Baxter
International,
Inc
1,863
819,229
Becton
Dickinson
&
Co
202,718
57,250
(b)
Beijing
Chunlizhengda
Medical
Instruments
Co
Ltd
69
72,948
BioMerieux
8,046
15,045
BML,
Inc
290
4,844,603
(a)
Boston
Scientific
Corp
331,807
616,760
(a)
BrightSpring
Health
Services,
Inc
6,704
1,767,020
(a)
Brookdale
Senior
Living,
Inc
11,680
248,938
Bumrungrad
Hospital
PCL
1,523
385,253
Cardinal
Health,
Inc
43,110
38,315
Carl
Zeiss
Meditec
AG.
4,783
523,509
(a)
Centene
Corp
41,085
89,066
(a)
Certara,
Inc
1,592
37,366
(a)
Chabiotech
Co
Ltd
535
234,500
Chaoju
Eye
Care
Holdings
Ltd
118
6,871
Chemed
Corp
4,411
30,700
China
National
Medicines
Corp
Ltd
135
723,500
China
Resources
Medical
Holdings
Co
Ltd
363
4,203,000
Chularat
Hospital
PCL
332
887,813
Cigna
Group
322,445
14,752
Classys,
Inc
389
814,984
(a)
Cleopatra
Hospital
124
221,400
(a),(b)
ClouDr
Group
Ltd
74
133,878
(a)
CM
Hospitalar
S.A.
164
500,000
C-Mer
Eye
Care
Holdings
Ltd
181
55,762
Cochlear
Ltd
12,264
109,690
Coloplast
A.S.
14,810
2,230
(b)
Coltene
Holding
AG.
143
226,478
CompuGroup
Medical
SE
&
Co
KgaA
6,970
80,540
(a)
Computer
Programs
&
Systems,
Inc
743
6,395,243
(c)
ConvaTec
Group
plc
23,103
141,116
(a)
Cooper
Cos,
Inc
14,318
25,050
Craneware
plc
696
54,648
CVS
Group
plc
672
796,492
CVS
Health
Corp
63,528
75,531
(a),(b)
CYBERDYNE,
Inc
105
42,433
Dallah
Healthcare
Co
1,998
25,282
(a)
DaVita,
Inc
3,490
15,755
(a)
Demant
A.S.
783
465,702
(a)
dentalcorp
Holdings
Ltd
2,297
5,873
Dentium
Co
Ltd
588
59,394
Dentsply
Sirona,
Inc
1,971
1,661,884
(a)
DexCom,
Inc
230,503
118,300
(a)
Diagnosticos
da
America
S.A.
145
804
DiaSorin
S.p.A.
78
84,556
(a)
Doximity,
Inc
2,275
30,870
(c)
Dr
Lal
PathLabs
Ltd
839
108,185
Dr
Sulaiman
Al
Habib
Medical
Services
Group
Co
9,042
71
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,027
Draegerwerk
AG.
$
331
130,528
EBOS
Group
Ltd
2,670
71,313
Eckert
&
Ziegler
Strahlen-
und
Medizintechnik
AG.
2,885
64,525
(a)
Edwards
Lifesciences
Corp
6,166
27,100
Eiken
Chemical
Co
Ltd
353
30,950
(b)
El.En.
S.p.A
391
16,838
Elan
Corp
102
290,976
(b)
Elekta
AB
(B
Shares)
2,193
956,777
Elevance
Health,
Inc
496,127
37,900
EM
Systems
Co
Ltd
179
219,434
Encompass
Health
Corp
18,121
39,084
(a)
Enovis
Corp
2,441
14,036
(a)
Envista
Holdings
Corp
300
5,186
(b)
Equasens
287
1,115,701
Essilor
International
S.A.
252,384
150,822
(a),(b)
Establishment
Labs
Holdings,
Inc
7,677
44,537
(b)
Extendicare,
Inc
251
115,199
Fagron
NV
2,195
120,820
Fisher
&
Paykel
Healthcare
Corp
1,851
200,982
Fleury
S.A.
601
371,872
Fortis
Healthcare
Ltd
1,880
514,189
Fresenius
Medical
Care
AG.
19,758
13,667
Fresenius
SE
369
11,300
Fukuda
Denshi
Co
Ltd
517
38,283
(c)
Galenica
AG.
3,195
34,000
(a)
Gaush
Meditech
Ltd
85
62,078
GE
HealthCare
Technologies,
Inc
5,643
7,626
Getinge
AB
(B
Shares)
153
113,114
(a)
Glaukos
Corp
10,666
66,947
(a)
Global
Health
Ltd
1,063
10,275
(a)
Globus
Medical,
Inc
551
39,412
Guangzhou
Baiyunshan
Pharmaceutical
Holdings
Co
Ltd
156
6,938
Guangzhou
Kingmed
Diagnostics
Group
Co
Ltd
54
51,300
(a)
Guardant
Health,
Inc
1,058
104,700
(b)
Gushengtang
Holdings
Ltd
584
2,033,838
(a),(c)
Hapvida
Participacoes
e
Investimentos
S.A.
1,500
1,409,400
Hartalega
Holdings
Bhd
819
421,884
HCA,
Inc
140,711
405,363
(a)
Healius
Ltd
350
251,595
(a)
HealthEquity,
Inc
20,538
12,530
HealthStream,
Inc
334
61,336
(a)
Henry
Schein,
Inc
4,632
1,711,620
(a)
Hims
&
Hers
Health,
Inc
26,479
66,081
(a)
HLB
Life
Science
CO
Ltd
1,050
100,341
(a)
HLB,
Inc
8,171
16,100
Hogy
Medical
Co
Ltd
397
14,568
(a)
Hologic,
Inc
1,136
94,000
Hospital
Mater
Dei
S.A.
109
232,569
(a)
Hoya
Corp
29,088
42,278
Huadong
Medicine
Co
Ltd
180
340,809
Humana,
Inc
118,165
145,200
(b),(c)
Hygeia
Healthcare
Holdings
Co
Ltd
593
1,737
(a)
ICU
Medical,
Inc
186
51,699
(a)
IDEXX
Laboratories,
Inc
27,914
837,989
IHH
Healthcare
Bhd
1,068
220,210
(a)
Inari
Medical,
Inc
10,566
422,512
(a)
Inmode
Ltd
9,130
22,165
(a)
Inspire
Medical
Systems,
Inc
4,761
5,966
(a)
Insulet
Corp
1,023
134,210
(a)
Integer
Holdings
Corp
15,660
5,816
(a)
Integra
LifeSciences
Holdings
Corp
206
999,473
(a)
Intuitive
Surgical,
Inc
398,880
CREF
Stock
Account
March
31,
2024
72
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,615
iRay
Technology
Co
Ltd
$
80
20,800
(a)
iRhythm
Technologies,
Inc
2,413
14,469
i-SENS
Inc
215
46,600
Japan
Lifeline
Co
Ltd
372
44,436
(a)
Jeisys
Medical,
Inc
267
35,688
Jeol
Ltd
1,478
29,450
Jiangsu
Yuyue
Medical
Equipment
&
Supply
Co
Ltd
139
1,497,500
(a),(b),(c)
Jinxin
Fertility
Group
Ltd
466
18,400
(a)
JMDC,
Inc
446
93,385
Jointown
Pharmaceutical
Group
Co
Ltd
103
4,825
(a)
Jupiter
Life
Line
Hospitals
Ltd
69
244,000
(b)
Kangji
Medical
Holdings
Ltd
211
896,444
(a)
Koninklijke
Philips
Electronics
NV
17,941
1,189,600
Kossan
Rubber
Industries
Bhd
493
3,391,900
KPJ
Healthcare
Bhd
1,363
35,786
(a),(c)
Krishna
Institute
of
Medical
Sciences
Ltd
886
144,851
Laboratory
Corp
of
America
Holdings
31,644
237,912
(a)
Lantheus
Holdings,
Inc
14,808
16,113
Lepu
Medical
Technology
Beijing
Co
Ltd
31
1,231,259
(b)
Life
Healthcare
Group
Holdings
Ltd
1,117
3,064,000
(a),(b)
Lifetech
Scientific
Corp
689
331,080
(a)
LivaNova
plc
18,521
15,779
(a)
Lunit,
Inc
688
91,000
M3,
Inc
1,310
60,663
Mani,
Inc
794
3,728
(a)
Masimo
Corp
547
673,496
Max
Healthcare
Institute
Ltd
6,642
121,672
McKesson
Corp
65,320
5,388
(c)
Medacta
Group
S.A.
731
147,231
Medicare
Group
173
481,900
Mediceo
Paltac
Holdings
Co
Ltd
7,375
53,493
Medicover
AB
689
4,913,200
Medikaloka
Hermina
Tbk
PT
364
12,321
(a)
Medios
AG.
218
17,400
(a)
Medley,
Inc
517
197,000
(b),(c)
Medlive
Technology
Co
Ltd
190
55,622
(b),(c)
Medmix
AG.
987
856,166
Medtronic
plc
74,615
125,008
(a)
Meinian
Onehealth
Healthcare
Holdings
Co
Ltd
87
44,084
Menicon
Co
Ltd
453
156
Metall
Zug
AG.(B
Shares)
228
13,123,400
(a),(d)
Metro
Healthcare
Indonesia
TBK
PT
122
24,367
(c)
Metropolis
Healthcare
Ltd
505
897,000
(a),(b),(c)
Microport
Cardioflow
Medtech
Corp
130
146,000
(a),(b)
MicroPort
NeuroTech
Ltd
156
621,700
Microport
Scientific
Corp
523
34,426
(a)
Middle
East
Healthcare
Co
1,010
47,300
(b)
Miraca
Holdings,
Inc
770
40,401
(a),(c)
MLP
Saglik
Hizmetleri
AS.
228
26,961
(a)
Molina
Healthcare,
Inc
11,076
266,124
Mouwasat
Medical
Services
Co
9,679
16,936
Nagaileben
Co
Ltd
266
52,122
Nakanishi,
Inc
818
216,889
(a)
Nanosonics
Ltd
389
57,118
Narayana
Hrudayalaya
Ltd
881
18,636
National
Medical
Care
Co
930
2,102,959
Network
Healthcare
Holdings
Ltd
1,319
220,500
(a),(b),(c),(d)
New
Horizon
Health
Ltd
199
65,577
Nihon
Kohden
Corp
1,741
452,052
Nipro
Corp
3,588
159,379
(a),(d)
NMC
Health
plc
0
^
9,085
(a)
Novocure
Ltd
142
73
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
211,350
Odontoprev
S.A.
$
512
1,004,500
Olympus
Corp
14,463
192,800
(a)
Oncoclinicas
do
Brasil
Servicos
Medicos
S.A.
340
1,170,722
(a)
Option
Care
Health,
Inc
39,266
61,846
(a),(b)
Orpea
S.A.
676
136,415
(a)
Owens
&
Minor,
Inc
3,780
169,780
(a)
Paragon
28,
Inc
2,097
30,644
Paramount
Bed
Holdings
Co
Ltd
520
33,885
Pegavision
Corp
481
313,000
(a),(b),(c)
Peijia
Medical
Ltd
147
240,050
(a)
Pennant
Group,
Inc
4,712
41,937
(a)
Penumbra,
Inc
9,359
340,430
(a)
PetIQ,
Inc
6,223
20,700
(b)
PHC
Holdings
Corp
169
98,000
(a)
Phreesia,
Inc
2,345
79,000
(a),(d)
Pihsiang
Machinery
Manufacturing
Co
Ltd
0
^
23,620
Poly
Medicure
Ltd
451
462,181
(a)
PolyNovo
Ltd
659
56,441
Premier,
Inc
1,247
85,300
(a),(b)
Privia
Health
Group,
Inc
1,671
42,113
Pro
Medicus
Ltd
2,848
431,202
(a)
Progyny,
Inc
16,450
116,269
(a)
Project
Roadrunner
Parent,
Inc
1,498
52,717
Quest
Diagnostics,
Inc
7,017
40,303
(a)
QuidelOrtho
Corp
1,932
688,099
Raffles
Medical
Group
Ltd
530
41,762
Rainbow
Children's
Medicare
Ltd
651
37,794
Ramsay
Health
Care
Ltd
1,391
240,976
(c)
Rede
D'Or
Sao
Luiz
S.A.
1,216
12,594
Resmed,
Inc
2,494
16,325
(a)
Revenio
Group
Oyj
449
1,797,600
Riverstone
Holdings
Ltd
1,132
275,390
(a)
RxSight,
Inc
14,205
459,007
Ryman
Healthcare
Ltd
1,248
309,190
Saudi
Chemical
Co
Holding
577
30,741
(a)
SD
Biosensor,
Inc
270
107,571
(b)
Sectra
AB
2,081
97,672
Selcuk
Ecza
Deposu
Ticaret
ve
Sanayi
A.S.
155
479,724
Select
Medical
Holdings
Corp
14,464
1,071,882
Shandong
Weigao
Group
Medical
Polymer
Co
Ltd
668
174,000
(a),(b)
Shanghai
MicroPort
MedBot
Group
Co
Ltd
299
68,232
Shanghai
Pharmaceuticals
Holding
Co
Ltd
-
A
161
362,427
Shanghai
Pharmaceuticals
Holding
Co
Ltd
-
H
524
40,112
Shanghai
United
Imaging
Healthcare
Co
Ltd
728
30,922
Shenzhen
Mindray
Bio-Medical
Electronics
Co
Ltd
1,198
17,600
Shenzhen
New
Industries
Biomedical
Engineering
Co
Ltd
164
728,303
Ship
Healthcare
Holdings,
Inc
10,060
26,764
(a)
Shockwave
Medical,
Inc
8,715
563,946
(a)
SI-BONE,
Inc
9,232
427,449
(a),(c)
Siemens
Healthineers
AG.
26,142
249,696
(b)
Sienna
Senior
Living,
Inc
2,474
680,985
Sigma
Healthcare
Ltd
575
279,360
(a)
Silk
Road
Medical,
Inc
5,118
604,187
Sinopharm
Group
Co
Ltd
1,549
890,884
Smith
&
Nephew
plc
11,153
82,400
Solasto
Corp
296
178,886
Sonic
Healthcare
Ltd
3,428
36,294
Sonova
Holdings
AG
10,510
200,534
(c)
Spire
Healthcare
Group
plc
587
1,145,900
Sri
Trang
Gloves
Thailand
PCL
272
40,000
St.
Shine
Optical
Co
Ltd
237
7,477
STERIS
plc
1,681
CREF
Stock
Account
March
31,
2024
74
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,821
STRATEC
SE
$
296
87,950
Straumann
Holding
AG.
14,033
446,878
Stryker
Corp
159,924
9,200
SUNWELS
Co
Ltd
167
1,524,701
Supermax
Corp
Bhd
263
29,166
(a)
Surgical
Science
Sweden
AB
413
273,600
Suzuken
Co
Ltd
8,341
48,338
Synlab
AG.
571
103,932
Sysmex
Corp
1,855
432,390
(a)
Tactile
Systems
Technology,
Inc
7,026
44,000
TaiDoc
Technology
Corp
215
5,405
(a)
Tandem
Diabetes
Care,
Inc
191
69,520
(a),(b)
Tela
Bio,
Inc
394
234,830
(a)
Teladoc
Health,
Inc
3,546
4,079
Teleflex,
Inc
923
299,713
(a)
Tenet
Healthcare
Corp
31,503
1,461,800
Terumo
Corp
26,749
277,500
Thonburi
Healthcare
Group
PCL
308
42,330
(b)
Toho
Pharmaceutical
Co
Ltd
1,006
35,809
Tokai
Corp
(GIFU)
510
3,615,500
(a)
Top
Glove
Corp
Bhd
611
8,580
(a)
Topchoice
Medical
Corp
72
179,950
Uniphar
plc
505
1,910,371
UnitedHealth
Group,
Inc
945,061
27,722
Universal
Health
Services,
Inc
(Class
B)
5,058
38,425
Universal
Vision
Biotechnology
Co
Ltd
328
2,440
Utah
Medical
Products,
Inc
173
7,813
Value
Added
Technology
Co
Ltd
178
460,467
(a)
Veeva
Systems,
Inc
106,686
156,500
(a),(c),(d)
Venus
MedTech
Hangzhou,
Inc
112
28,130
(a)
Viemed
Healthcare,
Inc
265
46,530
Vijaya
Diagnostic
Centre
Pvt
Ltd
356
298,028
(a),(b)
Vimian
Group
AB
905
27,000
Visco
Vision,
Inc
192
174,279
(a),(b)
Well
Health
Technologies
Corp
472
36,844
Won
Tech
Co
Ltd
266
134,211
(a)
Xvivo
Perfusion
AB
3,447
429,900
(a),(b),(c)
Yidu
Tech,
Inc
221
3,333
Ypsomed
Holding
AG.
1,332
54,746
Zimmer
Biomet
Holdings,
Inc
7,225
162,500
(a),(c)
Zylox-Tonbridge
Medical
Technology
Co
Ltd
201
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
5,616,728
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.3%
7,340
Aekyung
Industrial
Co
Ltd
99
24,480
Amorepacific
Corp
2,204
23,585
AMOREPACIFIC
Group
475
674,772
Beiersdorf
AG.
98,245
693,716
(a)
BellRing
Brands,
Inc
40,950
68,200
(a)
Best
World
International
Ltd
107
502,000
(a),(c)
Blue
Moon
Group
Holdings
Ltd
128
97,383
By-health
Co
Ltd
225
2,576
(a)
C&C
International
Corp
141
29,000
Chlitina
Holding
Ltd
177
176,437
Church
&
Dwight
Co,
Inc
18,404
9,925
Clorox
Co
1,520
690,557
Colgate-Palmolive
Co
62,185
120,327
Colgate-Palmolive
India
Ltd
3,920
6,686
Cosmax,
Inc
602
313,423
(a)
Coty,
Inc
3,748
535,896
Dabur
India
Ltd
3,366
10,730
Earth
Chemical
Co
Ltd
301
75
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
113,717
EIS
Eczacibasi
Ilac
ve
Sinai
ve
Finansal
Yatirimlar
Sanayi
ve
Ticaret
AS
$
178
123,056
(a)
elf
Beauty,
Inc
24,123
164,635
Emami
Ltd
849
19,880
(b)
Essity
AB
472
952,369
Estee
Lauder
Cos
(Class
A)
146,808
77,300
(a),(b)
euglena
Co
Ltd
310
62,684
Fancl
Corp
835
261,200
(a),(b),(c)
Giant
Biogene
Holding
Co
ltd
1,422
353,524
Godrej
Consumer
Products
Ltd
5,323
90,000
Grape
King
Bio
Ltd
454
34,522,526
Haleon
plc
144,676
1,057,245
(b)
Haleon
plc
(ADR)
8,976
641,136
Hengan
International
Group
Co
Ltd
2,021
20,945
Henkel
KGaA
1,509
6,429
Henkel
KGaA
(Preference)
517
341,966
Hindustan
Lever
Ltd
9,304
74,570
(a)
Honasa
Consumer
Ltd
360
27,210
(a)
Hyundai
Bioscience
Co
Ltd
425
34,384,600
Industri
Jamu
Dan
Farmasi
Sido
Muncul
Tbk
PT
1,345
16,852
Inter
Parfums
S.A.
949
29,205
(a)
Intercos
S.p.A
423
34,897
(c)
Jamieson
Wellness,
Inc
687
126,668
Jyothy
Labs
Ltd
670
389,188
Kao
Corp
14,543
6,882,866
Kenvue,
Inc
147,706
26,918
Kimberly-Clark
Corp
3,482
1,282,918
Kimberly-Clark
de
Mexico
S.A.
de
C.V.
(Class
A)
2,986
36,900
Kobayashi
Pharmaceutical
Co
Ltd
1,197
8,859
Kolmar
BNH
Co
Ltd
98
12,171
Kolmar
Korea
Co
Ltd
430
24,000
Kose
Corp
1,286
7,675
LG
Household
&
Health
Care
Ltd
2,205
187,000
Lion
Corp
1,672
295,811
L'Oreal
S.A.
140,088
129,872
Mandom
Corp
1,146
318,934
Microbio
Co
Ltd
444
21,298
Milbon
Co
Ltd
448
773,064
Natura
&
Co
Holding
S.A.
2,756
13,710
(a)
Nature's
Sunshine
Products,
Inc
285
32,000
Noevir
Holdings
Co
Ltd
1,099
93,162
(a),(b)
Olaplex
Holdings,
Inc
179
54,477
(a),(b)
Ontex
Group
NV
461
3,381
(b)
Pharmanutra
S.p.A
208
92,600
Pigeon
Corp
892
1,318,900
Pola
Orbis
Holdings,
Inc
12,623
3,044,454
Procter
&
Gamble
Co
493,963
6,427,210
PT
Unilever
Indonesia
Tbk
1,094
181,745
PZ
Cussons
plc
205
170,900
Reckitt
Benckiser
Group
plc
9,742
4,343
Reynolds
Consumer
Products,
Inc
124
152,590
Rohto
Pharmaceutical
Co
Ltd
2,965
23,816
Sarantis
S.A.
302
42,200
(a)
Shanghai
Chicmax
Cosmetic
Co
Ltd
270
335,090
Shiseido
Co
Ltd
9,195
2,782
Spectrum
Brands
Holdings,
Inc
248
84,000
TCI
Co
Ltd
408
337,941
Uni-Charm
Corp
10,759
8,185
Unilever
plc
411
4,111,456
Unilever
plc
206,402
273,536
Vinda
International
Holdings
Ltd
820
29,100
(b)
YA-MAN
Ltd
191
CREF
Stock
Account
March
31,
2024
76
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
15,300
Yunnan
Botanee
Bio-Technology
Group
Co
Ltd
$
126
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
1,662,892
INSURANCE
-
3.1%
210,754
Admiral
Group
plc
7,553
1,660,675
Aegon
NV
10,131
204,922
Aflac,
Inc
17,595
5,221
Ageas
S.A.
242
15,647,959
AIA
Group
Ltd
105,257
33,692
(a)
Al
Rajhi
Co
for
Co-operative
Insurance
994
331,034
Allianz
AG.
99,217
592,401
Allstate
Corp
102,491
2,410,547
Alm
Brand
AS
4,596
74,776
(a)
AMBAC
Financial
Group,
Inc
1,169
69,198
American
Financial
Group,
Inc
9,444
4,145,469
American
International
Group,
Inc
324,051
154,102
Anadolu
Sigorta
329
56,100
Anicom
Holdings,
Inc
213
74,041
Aon
plc
24,709
1,425,775
(a)
Arch
Capital
Group
Ltd
131,799
366,952
ASR
Nederland
NV
17,984
34,139
Assicurazioni
Generali
S.p.A.
864
39,422
Assurant,
Inc
7,421
111,153
Assured
Guaranty
Ltd
9,698
397,961
AUB
Group
Ltd
7,712
4,380,188
Aviva
plc
27,484
2,484,939
AXA
S.A.
93,324
450,069
Axis
Capital
Holdings
Ltd
29,263
1,458
Baloise
Holding
AG.
229
1,837,900
Bangkok
Life
Assurance
PCL
892
449,200
Bangkok
Life
Assurance
PCL
218
587,846
BB
Seguridade
Participacoes
S.A.
3,812
4,567,598
Beazley
plc
38,408
14,622
(a)
Brighthouse
Financial,
Inc
754
34,438
Brookfield
Reinsurance
Ltd
1,449
97,314
Brown
&
Brown,
Inc
8,519
53,540
(a)
BRP
Group,
Inc
1,549
70,468
Bupa
Arabia
for
Cooperative
Insurance
Co
4,957
485,000
(a)
Caixa
Seguridade
Participacoes
S
1,510
4,014,215
Cathay
Financial
Holding
Co
Ltd
6,049
225,000
Central
Reinsurance
Co
Ltd
175
6,498,435
China
Development
Financial
Holding
Corp
2,811
1,524,132
China
Insurance
International
Holdings
Co
Ltd
1,336
6,774,790
China
Life
Insurance
Co
Ltd
8,147
174,075
China
Life
Insurance
Co
Ltd
(Class
A)
687
400,300
China
Pacific
Insurance
Group
Co
Ltd
-
A
1,255
2,375,809
China
Pacific
Insurance
Group
Co
Ltd
-
H
4,168
729,619
Chubb
Ltd
189,066
34,885
Cincinnati
Financial
Corp
4,332
51,184
(a)
Clal
Insurance
Enterprises
Holdings
Ltd
942
6,078
CNA
Financial
Corp
276
60,470
Co
for
Cooperative
Insurance
2,612
86,196
Coface
S.A.
1,363
3,630,000
(a),(d)
Convoy
Global
Holdings
Ltd
5
859,400
Dai-ichi
Life
Holdings,
Inc
21,919
63,515
Definity
Financial
Corp
2,023
390,800
Dhipaya
Group
Holdings
PCL
338
1,017,989
(a)
Direct
Line
Insurance
Group
plc
2,506
449,187
Discovery
Ltd
2,861
40,841
Dongbu
Insurance
Co
Ltd
2,921
229,326
Employers
Holdings,
Inc
10,409
350,235
Everest
Re
Group
Ltd
139,218
77
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
20,081
Fairfax
Financial
Holdings
Ltd
$
21,646
457,990
Fidelis
Insurance
Holdings
Ltd
8,922
1,320,717
Fidelity
National
Financial,
Inc
70,130
22,569
First
American
Financial
Corp
1,378
5,400
FP
Partner,
Inc
230
6,611,451
Fubon
Financial
Holding
Co
Ltd
14,311
198,041
Gallagher
(Arthur
J.)
&
Co
49,518
67,487
Gjensidige
Forsikring
ASA
980
265,937
Globe
Life,
Inc
30,947
152,175
(a)
Goosehead
Insurance,
Inc
10,138
258,617
Great-West
Lifeco
Inc
8,271
730,000
(a)
Hamilton
Insurance
Group
Ltd
10,169
136,508
Hannover
Rueckversicherung
AG.
37,379
35,359
Hanover
Insurance
Group,
Inc
4,815
332,009
Hanwha
General
Insurance
Co
Ltd
1,122
1,455,756
Hanwha
Life
Insurance
Co
Ltd
3,139
84,301
(a)
Harel
Insurance
Investments
&
Financial
Services
Ltd
810
214,241
Hartford
Financial
Services
Group,
Inc
22,078
841,986
(c)
HDFC
Life
Insurance
Co
Ltd
6,401
36,215
(b)
Helvetia
Holding
AG.
4,993
797,940
Hiscox
Ltd
12,488
247,275
Hyundai
Marine
&
Fire
Insurance
Co
Ltd
5,664
93,070
iA
Financial
Corp,
Inc
5,782
211,236
(c)
ICICI
Lombard
General
Insurance
Co
Ltd
4,273
316,573
(c)
ICICI
Prudential
Life
Insurance
Co
Ltd
2,315
2,166,008
Insurance
Australia
Group
Ltd
9,035
162,538
Intact
Financial
Corp
26,403
44,853
(a)
IRB-Brasil
Resseguros
S.A.
334
109,843
(b)
James
River
Group
Holdings
Ltd
1,022
1,842,200
Japan
Post
Holdings
Co
Ltd
18,560
176,600
Japan
Post
Insurance
Co
Ltd
3,376
848,876
Just
Group
plc
1,126
44,594
Kemper
Corp
2,761
4,915
Kinsale
Capital
Group,
Inc
2,579
367,092
(a)
Korean
Reinsurance
Co
2,267
199,273
Lancashire
Holdings
Ltd
1,557
2,760,826
Legal
&
General
Group
plc
8,870
46,600
(a),(b)
Lifenet
Insurance
Co
457
221,881
Lincoln
National
Corp
7,085
485,270
(b)
Linea
Directa
Aseguradora
S.A.
Cia
de
Seguros
y
Reaseguros
484
38,484
Loews
Corp
3,013
446,608
(a)
Mandatum
Holding
Oy
1,994
1,684,315
Manulife
Financial
Corp
42,066
701,164
Mapfre
S.A.
1,773
2,762
(a)
Markel
Corp
4,202
1,507,364
Marsh
&
McLennan
Cos,
Inc
310,487
199,885
(a)
Max
Financial
Services
Ltd
2,410
2,495,129
Medibank
Pvt
Ltd
6,113
17,084
Menora
Mivtachim
Holdings
Ltd
459
385,933
Mercuries
&
Associates
Holding
Ltd
152
2,277,132
Mercuries
Life
Insurance
Co
Ltd
344
257,120
Mercury
General
Corp
13,267
2,601,351
Metlife,
Inc
192,786
271,915
Migdal
Insurance
&
Financial
Holdings
Ltd
376
1,166,547
Mitsui
Sumitomo
Insurance
Group
Holdings,
Inc
20,598
977,791
Momentum
Metropolitan
Holdings
1,049
173,548
Muenchener
Rueckver
AG.
84,716
142,265
New
China
Life
Insurance
Co
Ltd
-
A
595
908,265
New
China
Life
insurance
Co
Ltd
-
H
1,611
380,094
nib
holdings
Ltd
1,947
851,540
NN
Group
NV
39,311
4,153,614
Old
Mutual
Ltd
2,577
CREF
Stock
Account
March
31,
2024
78
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
166,208
Old
Republic
International
Corp
$
5,106
1,402,951
(a)
Oscar
Health,
Inc
20,862
684,877
OUTsurance
Group
Ltd
1,519
9,718,600
(a)
Panin
Financial
Tbk
PT
174
191,678
(a)
PB
Fintech
Ltd
2,592
9,693,388
People's
Insurance
Co
Group
of
China
Ltd
3,099
747,915
People's
Insurance
Co
Group
of
China
Ltd
(Class
A)
530
735,924
Phoenix
Group
Holdings
plc
5,139
129,440
Phoenix
Holdings
Ltd
1,291
6,213,556
PICC
Property
&
Casualty
Co
Ltd
8,200
15,698,476
Ping
An
Insurance
Group
Co
of
China
Ltd
66,651
592,527
Ping
An
Insurance
Group
Co
of
China
Ltd
(Class
A)
3,341
516,121
(c)
Poste
Italiane
S.p.A
6,464
524,757
(b)
Power
Corp
of
Canada
14,714
513,908
Powszechny
Zaklad
Ubezpieczen
S.A.
6,277
50,852
Primerica,
Inc
12,864
53,318
Principal
Financial
Group
4,602
1,065,455
Progressive
Corp
220,357
42,413
Protector
Forsikring
ASA
888
82,783
Prudential
Financial,
Inc
9,719
3,551,196
Prudential
plc
33,305
1,348,345
QBE
Insurance
Group
Ltd
15,938
163,400
(b)
Qualitas
Controladora
SAB
de
C.V.
1,901
173,649
Reinsurance
Group
of
America,
Inc
(Class
A)
33,493
81,993
(a)
Religare
Enterprises
Ltd
206
128,758
RenaissanceRe
Holdings
Ltd
30,262
9,078
RLI
Corp
1,348
120,702
Ryan
Specialty
Holdings,
Inc
6,699
542,450
Sampo
Oyj
23,139
26,589
Samsung
Fire
&
Marine
Insurance
Co
Ltd
6,106
69,317
Samsung
Life
Insurance
Co
Ltd
4,917
1,539,977
Sanlam
Ltd
5,642
34,909
(b)
Santam
Ltd
549
28,510
(a)
Saudi
Reinsurance
Co
193
391,542
(c)
SBI
Life
Insurance
Co
Ltd
7,070
116,515
SCOR
SE
4,033
58,900
Selective
Insurance
Group,
Inc
6,430
876,251
(a)
Selectquote,
Inc
1,752
11,242,866
Shin
Kong
Financial
Holding
Co
Ltd
2,831
258,000
Shinkong
Insurance
Co
Ltd
680
84,620
(a),(b)
Skyward
Specialty
Insurance
Group,
Inc
3,166
2,229,762
Sompo
Holdings,
Inc
46,736
90,556
(a)
Star
Health
&
Allied
Insurance
Co
Ltd
592
1,517,182
Steadfast
Group
Ltd
5,813
2,361,315
Storebrand
ASA
21,820
541,720
Sun
Life
Financial,
Inc
29,559
1,147,343
Suncorp-Metway
Ltd
12,247
29,074
Swiss
Life
Holding
20,392
9,704
Swiss
Re
AG.
1,248
248,500
Syarikat
Takaful
Malaysia
Keluarga
Bhd
190
446,300
T&D
Holdings,
Inc
7,759
62,717
Talanx
AG.
4,968
37,177
(b)
Tiptree,
Inc
642
1,635,400
Tokio
Marine
Holdings,
Inc
51,264
210,227
(a)
Tongyang
Life
Insurance
Co
Ltd
910
35,157
Topdanmark
AS.
1,500
258,200
TQM
Alpha
PCL
189
167,474
Travelers
Cos,
Inc
38,542
37,010
(a)
Trisura
Group
Ltd
1,138
190,250
(a),(b)
Trupanion,
Inc
5,253
1,257,491
Tryg
A.S.
25,922
168,799
Turkiye
Sigorta
AS
259
79
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,349,729
Unipol
Gruppo
S.p.A
$
11,311
97,705
Uniqa
Versicherungen
AG.
844
341,200
(a),(b)
United
Insurance
Holdings
Corp
3,647
70,170
Universal
Insurance
Holdings,
Inc
1,426
377,700
Unum
Group
20,267
27,691
Vienna
Insurance
Group
AG
Wiener
Versicherung
Gruppe
863
162,131
W.R.
Berkley
Corp
14,339
565
White
Mountains
Insurance
Group
Ltd
1,014
333,539
Willis
Towers
Watson
plc
91,723
16,546
Wuestenrot
&
Wuerttembergische
AG.
238
304,605
(a),(c)
ZhongAn
Online
P&C
Insurance
Co
Ltd
487
450,723
Zurich
Insurance
Group
AG
243,487
TOTAL
INSURANCE
3,907,555
MATERIALS
-
4.4%
50,400
(a),(b)
5E
Advanced
Materials,
Inc
68
137,648
Aarti
Industries
Ltd
1,100
39,449
Aarti
Pharmalabs
Ltd
206
1,174,172
Abou
Kir
Fertilizers
&
Chemical
Industries
1,563
134,937
Acerinox
S.A.
1,482
65,338
ADEKA
Corp
1,380
326,825
Adelaide
Brighton
Ltd
667
45,110
Advanced
Enzyme
Technologies
Ltd
189
7,131
Advanced
Nano
Products
Co
Ltd
700
97,430
Advanced
Petrochemical
Co
1,019
87,812
AECI
Ltd
431
12,475
Aekyung
Chemical
Co
Ltd
120
76,786
(b)
African
Rainbow
Minerals
Ltd
667
66,625
Afrimat
Ltd
203
15,643
AGI
Greenpac
Ltd
137
281,245
(b)
Agnico
Eagle
Mines
Ltd
16,776
446,712
(b)
Agnico-Eagle
Mines
Ltd
26,637
38,752
Aica
Kogyo
Co
Ltd
948
589,184
Air
Liquide
122,579
73,024
Air
Products
&
Chemicals,
Inc
17,692
148,800
Air
Water,
Inc
2,328
27,656
(a)
Akcansa
Cimento
AS
124
11,382
Akzo
Nobel
India
Ltd
325
75,603
Akzo
Nobel
NV
5,649
30,883
Al
Masane
Al
Kobra
Mining
Co
469
630,555
Alamos
Gold,
Inc
9,296
85,581
(b)
Albemarle
Corp
11,274
190,354
Alcoa
Corp
6,432
70,378
Algoma
Steel
Group,
Inc
600
14,012
Alkyl
Amines
Chemicals
306
855,807
Alleima
AB
5,776
33,000
Allied
Supreme
Corp
446
292,100
(a),(b)
Alpek
SAB
de
C.V.
215
458,332
(a)
Alpha
HPA
Ltd
263
31,177
(b)
Altius
Minerals
Corp
473
57,606
Altri
SGPS
S.A.
325
28,369
(a)
Alujain
Corp
304
2,073,432
Alumina
Ltd
1,921
1,765,964
Aluminum
Corp
of
China
Ltd
1,124
2,033,987
Aluminum
Corp
of
China
Ltd
(Class
A)
2,003
507,759
Ambuja
Cements
Ltd
3,738
92
Amcor
plc
1
321,210
American
Vanguard
Corp
4,160
24,579
AMG
Advanced
Metallurgical
Group
NV
558
5,660,500
(a)
Amman
Mineral
Internasional
PT
3,125
42,425
(b)
Anglo
American
Platinum
Ltd
1,721
3,442,850
Anglo
American
plc
84,842
CREF
Stock
Account
March
31,
2024
80
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
436,274
AngloGold
Ashanti
UK
Ltd
$
9,740
561,565
Anhui
Conch
Cement
Co
Ltd
1,164
91,645
Anhui
Conch
Cement
Co
Ltd
(Class
A)
282
492,119
Antofagasta
plc
12,641
18,784
Anupam
Rasayan
India
Ltd
196
35,948
APERAM
S.A.
1,136
140,187
APL
Apollo
Tubes
Ltd
2,523
18,341
Aptargroup,
Inc
2,639
153,299
Arabian
Cement
Co
1,313
330,683
ArcelorMittal
S.A.
9,090
29,351
Archean
Chemical
Industries
Ltd
236
110,518
Ardagh
Metal
Packaging
S.A.
379
58,034
(b)
ARE
Holdings,
Inc
737
257,009
Arkema
27,058
1,115,708
Asahi
Kasei
Corp
8,182
8,700
Asahi
Organic
Chemicals
Industry
Co
Ltd
303
24,627
Ashland,
Inc
2,398
348,000
Asia
Cement
China
Holdings
Corp
89
1,013,044
Asia
Cement
Corp
1,296
12,981
(a),(d)
Asia
Pacific
Investment
Partners
Limited
0
^
369,000
Asia
Polymer
Corp
220
331,840
Asian
Paints
Ltd
11,325
70,900
(a)
Asia-Potash
International
Investment
Guangzhou
Co
Ltd
190
71,249
Atalaya
Mining
plc
349
12,057
Atul
Ltd
831
25,534
Aurubis
AG.
1,796
19,371
Avery
Dennison
Corp
4,325
377,716
Avient
Corp
16,393
3,056,195
(a),(b),(d)
AVZ
Minerals
Ltd
20
1,475,606
(a)
Axalta
Coating
Systems
Ltd
50,746
86,583
(a)
Aya
Gold
&
Silver,
Inc
745
994,378
(b)
B2Gold
Corp
2,606
11,265
Balaji
Amines
Ltd
277
125,553
Ball
Corp
8,457
2,954,680
Baoshan
Iron
&
Steel
Co
Ltd
2,647
23,528,421
Barito
Pacific
Tbk
PT
1,403
1,507,933
Barrick
Gold
Corp
25,081
10,963
BASF
India
Ltd
439
859,558
BASF
SE
49,118
63,899
(a)
Baticim
Bati
Anadolu
Cimento
Sanayii
AS
242
12,753
Bayer
CropScience
Ltd
803
30,400
Beijing
Oriental
Yuhong
Waterproof
Technology
Co
Ltd
68
28,281
Bekaert
S.A.
1,450
895,942
(a)
Bellevue
Gold
Ltd
1,102
248,031
Berger
Paints
India
Ltd
1,709
20,163,000
(a)
Berkah
Beton
Sadaya
Tbk
PT
64
134,200
Berry
Global
Group,
Inc
8,116
6,903,033
BHP
Billiton
Ltd
199,594
231,588
(b)
BHP
Group
Ltd
6,635
176,251
Billerud
AB
1,582
4,000
(a),(b),(d)
Bio
On
Spa
0
^
28,588
Birla
Corp
Ltd
489
372,966
BlueScope
Steel
Ltd
5,801
76,524
Boliden
AB
2,125
221,933
(a),(b)
Boral
Ltd
885
21,750
(a),(d)
Borosil
Scientific
Ltd
25
75,802
Borregaard
ASA
1,321
294,305
Boubyan
Petrochemicals
Co
KSCP
591
1,326,400
Bradespar
S.A.
5,445
17,900
Bradespar
S.A.
71
220,551
Breedon
Group
plc
1,068
61,328
Brickworks
Ltd
1,138
81
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
78,140
Buzzi
Unicem
S.p.A.
$
3,069
43,500
C
Uyemura
&
Co
Ltd
2,963
488,266
(a)
Calibre
Mining
Corp
602
65,817
(a)
Canfor
Corp
831
18,482
Canmax
Technologies
Co
Ltd
50
45,797
CAP
S.A.
314
244,245
(a)
Capricorn
Metals
Ltd
819
347,117
(a),(b)
Capstone
Copper
Corp
2,209
85,783
Carborundum
Universal
Ltd
1,309
83,500
Carpenter
Technology
Corp
5,964
351,555
Cascades,
Inc
2,567
312,228
Castrol
India
Ltd
698
23,397
Cathay
Biotech,
Inc
141
128,934
CCL
Industries
6,590
641,338
Celanese
Corp
(Series
A)
110,220
137,758
Cementir
Holding
NV
1,559
378,424
Cementos
Argos
S.A.
846
13,081,130
(a),(b)
Cemex
S.A.
de
C.V.
11,791
864,482
Centamin
plc
1,231
171,214
Centerra
Gold,
Inc
1,011
686,718
Central
Asia
Metals
plc
1,713
126,000
Century
Iron
&
Steel
Industrial
Co
Ltd
871
45,282
Century
Plyboards
India
Ltd
348
41,481
Century
Textiles
&
Industries
Ltd
812
66,885
(b)
CF
Industries
Holdings,
Inc
5,566
138,584
Chambal
Fertilisers
and
Chemicals
Ltd
570
302,661
Champion
Iron
Ltd
1,461
57,481
Chemours
Co
1,509
59,219
(a)
Chemplast
Sanmar
Ltd
320
632,000
Cheng
Loong
Corp
579
32,400
Chengxin
Lithium
Group
Co
Ltd
86
350,880
Chia
Hsin
Cement
Corp
191
29,700
(a)
Chifeng
Jilong
Gold
Mining
Co
Ltd
61
1,448,000
China
BlueChemical
Ltd
418
406,000
China
General
Plastics
Corp
230
1,031,105
(b)
China
Hongqiao
Group
Ltd
1,162
101,429
China
Jushi
Co
Ltd
147
1,236,000
China
Man-Made
Fiber
Corp
280
150,000
China
Metal
Products
175
5,162,614
China
Molybdenum
Co
Ltd
4,397
985,744
China
Molybdenum
Co
Ltd
(Class
A)
1,116
1,690,276
China
National
Building
Material
Co
Ltd
582
1,100,000
China
Nonferrous
Mining
Corp
Ltd
922
91,329
China
Northern
Rare
Earth
Group
High-Tech
Co
Ltd
241
1,444,000
China
Oriental
Group
Co
Ltd
192
2,855,000
China
Petrochemical
Development
Corp
841
68,800
China
Rare
Earth
Resources
And
Technology
Co
Ltd
257
1,758,000
China
Resources
Cement
Holdings
Ltd
268
706,000
(b)
China
Risun
Group
Ltd
274
110,000
China
Steel
Chemical
Corp
424
4,917,568
China
Steel
Corp
3,657
2,791,251
China
XLX
Fertiliser
Ltd
1,331
4,462,240
(a),(b),(d)
China
Zhongwang
Holdings
Ltd
6
23,078
Chugoku
Marine
Paints
Ltd
339
512,000
Chun
Yuan
Steel
Industry
Co
Ltd
307
4,030
Chunbo
Co
Ltd
263
712,000
Chung
Hung
Steel
Corp
491
328,000
Chung
Hwa
Pulp
Corp
240
123,476
Cia
Brasileira
de
Aluminio
100
94,400
Cia
de
Ferro
Ligas
da
Bahia
FERBASA
163
231,360
Cia
de
Minas
Buenaventura
S.A.
(ADR)
(Series
B)
3,674
259,223
Cia
Siderurgica
Nacional
S.A.
811
300,629
Cimsa
Cimento
Sanayi
VE
Ticaret
AS.
294
51,901
City
Cement
Co
282
CREF
Stock
Account
March
31,
2024
82
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
7,915
Clariant
AG.
$
107
20,523
Clean
Science
&
Technology
Ltd
328
1,084,538
(a)
Cleveland-Cliffs,
Inc
24,662
21,800
CNGR
Advanced
Material
Co
Ltd
157
146,660
Commercial
Metals
Co
8,619
86,132
(a)
Companhia
Vale
do
Rio
Doce
6
1,128,773
(a)
Constellium
SE
24,957
48,247
Corbion
NV
1,032
95,978
Coromandel
International
Ltd
1,240
626,223
(c)
Coronado
Global
Resources,
Inc
510
3,714,661
Corteva,
Inc
214,225
28,489
(b)
Corticeira
Amorim
SGPS
S.A.
302
21,928
(a)
Cosmochemical
Co
Ltd
612
198,534
(c)
Covestro
AG.
10,860
1,638,760
CRH
plc
141,359
531,090
CRH
plc
45,838
95,933
Croda
International
plc
5,936
1,616,992
Crown
Holdings,
Inc
128,163
220,100
CSG
Holding
Co
Ltd
67
1,041,452
CSR
Ltd
5,987
1,389,200
D&L
Industries,
Inc
153
186,700
Daicel
Chemical
Industries
Ltd
1,843
106,655
Daido
Steel
Co
Ltd
1,236
26,300
(b)
Daiki
Aluminium
Industry
Co
Ltd
213
60,701
Dainippon
Ink
and
Chemicals,
Inc
1,159
66,699
(b)
Daio
Paper
Corp
517
73,330
(a)
Dakota
Gold
Corp
174
984,426
(a)
De
Grey
Mining
Ltd
812
48,522
Deepak
Fertilisers
&
Petrochemicals
Corp
Ltd
294
50,736
Deepak
Nitrite
Ltd
1,297
61,049
Denki
Kagaku
Kogyo
KK
952
1,719,568
Deterra
Royalties
Ltd
5,525
335,310
Dexco
S.A.
513
25,466
Dongjin
Semichem
Co
Ltd
883
25,243
Dongkuk
Steel
Mill
Co
Ltd
216
3,201
(a)
Dongwha
Enterprise
Co
Ltd
137
3,372
Dongwon
Systems
Corp
111
1,187,000
(b)
Dongyue
Group
Ltd
1,114
1,899
(a),(b)
Dottikon
Es
Holding
AG.
501
420,967
(b)
Dow,
Inc
24,387
42,679
DOWA
HOLDINGS
CO
Ltd
1,475
385,527
DRDGOLD
Ltd
322
1,080,890
DS
Smith
plc
5,407
555,749
DSM-Firmenich
AG.
63,206
147,253
Dundee
Precious
Metals,
Inc
1,120
3,525,541
DuPont
de
Nemours,
Inc
270,303
25,640
Eagle
Materials,
Inc
6,968
7,764
East
Pipes
Integrated
Co
for
Industry
259
960,500
Eastern
Polymer
Group
PCL
180
49,733
Eastern
Province
Cement
Co
469
7,926
Eastman
Chemical
Co
794
28,804
Ecolab,
Inc
6,651
17,006
Ecopro
Co
Ltd
8,309
65,163
EID
Parry
India
Ltd
427
109,436
(a)
El
Ezz
Steel
Co
137
160,062
(a)
Eldorado
Gold
Corp
2,250
164,626
Element
Solutions,
Inc
4,112
464,438
(a)
Elementis
plc
870
241,189
(c)
Elkem
ASA
475
385,294
(a)
Emerald
Resources
NL
737
988,828
Empresas
CMPC
S.A.
2,009
6,979
EMS-Chemie
Holding
AG.
5,349
110,191
(b)
Ence
Energia
y
Celulosa
S.A.
384
6,659
(a)
Enchem
Co
Ltd
1,170
83
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
91,517
Endeavour
Mining
plc
$
1,857
122,091
EPL
Ltd
263
245,333
(a),(b)
Equinox
Gold
Corp
1,480
6,620
Eramet
503
564,785
(a)
Eregli
Demir
ve
Celik
Fabrikalari
TAS
736
69,316
(a),(b)
ERO
Copper
Corp
1,337
239,748
Essentra
plc
532
668,850
(a)
Eternal
Chemical
Co
Ltd
654
134,000
EVERGREEN
Steel
Corp
536
446,000
Everlight
Chemical
Industrial
Corp
275
1,487,063
Evolution
Mining
Ltd
3,475
7,783
Evonik
Industries
AG.
154
343,000
(a)
Feng
Hsin
Iron
&
Steel
Co
760
258,319
Ferrexpo
plc
142
70,035
(a)
Filo
Corp
1,223
7,567
Fine
Organic
Industries
Ltd
367
33,792
Fineotex
Chemical
Ltd
150
220,875
Finolex
Industries
Ltd
654
1,286,478
(a),(b),(d)
Firefinch
Ltd
42
228,002
(b)
First
Majestic
Silver
Corp
1,338
607,466
First
Quantum
Minerals
Ltd
6,530
94,079
FMC
Corp
5,993
42,872
(a)
Foosung
Co
Ltd
254
144,230
(a),(b)
Foran
Mining
Corp
443
3,025,139
Formosa
Chemicals
&
Fibre
Corp
5,168
3,296,019
Formosa
Plastics
Corp
7,012
176,456
(c)
Forterra
plc
384
1,414,795
Fortescue
Metals
Group
Ltd
23,677
235,507
(a)
Fortuna
Silver
Mines,
Inc
875
37,020
(b)
FP
Corp
672
178,203
Franco-Nevada
Corp
21,234
2,248,792
Freeport-McMoRan,
Inc
(Class
B)
105,738
54,202
FUCHS
SE
2,685
1,156,000
(b)
Fufeng
Group
Ltd
750
29,877
Fuji
Seal
International,
Inc
392
43,425
(b)
Fujimi,
Inc
996
10,730
Fujimori
Kogyo
Co
Ltd
304
15,900
(b)
Fuso
Chemical
Co
Ltd
485
127,510
(b)
FutureFuel
Corp
1,026
11,151
Galaxy
Surfactants
Ltd
304
41,780
Ganfeng
Lithium
Group
Co
Ltd
208
166,200
(b),(c)
Ganfeng
Lithium
Group
Co
Ltd
509
544,054
(b)
GCC
SAB
de
C.V.
6,474
262,979
GEM
Co
Ltd
215
727,749
(a)
Genesis
Minerals
Ltd
880
671,900
Gerdau
S.A.
(Preference)
2,974
62,969
GHCL
Ltd
335
1,193,270
(a),(b)
Ginkgo
Bioworks
Holdings,
Inc
1,384
9,105
Givaudan
S.A.
40,533
25,233,308
Glencore
plc
138,469
141,426
(a),(b)
Global
Atomic
Corp
237
579,000
(a),(b)
Global
New
Material
International
Holdings
Ltd
266
350,000
Gloria
Material
Technology
Corp
543
39,541
Godawari
Power
and
Ispat
Ltd
360
3,200
Godo
Steel
Ltd
121
662,260
Gold
Fields
Ltd
10,624
876,323
Gold
Road
Resources
Ltd
904
666,000
Goldsun
Development
&
Construction
Co
Ltd
785
928,755
Grand
Pacific
Petrochemical
380
77,970
Granges
AB
843
223,852
Graphic
Packaging
Holding
Co
6,532
228,463
Grasim
Industries
Ltd
6,284
11,397
Gravita
India
Ltd
137
605,755
(a),(d)
Great
Basin
Gold
Ltd
4
CREF
Stock
Account
March
31,
2024
84
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
4,118,082
(a)
Greatland
Gold
plc
$
322
47,969
Greenpanel
Industries
Ltd
181
2,920
Greif,
Inc
(Class
B)
203
29,721
(a)
Grupa
Azoty
S.A.
166
7,403
Grupa
Kety
S.A.
1,408
228,051
Grupo
Argos
S.A.
907
3,336,738
Grupo
Mexico
S.A.
de
C.V.
(Series
B)
19,868
163,800
(a)
Guangdong
HEC
Technology
Holding
Co
Ltd
196
100,724
Guangzhou
Tinci
Materials
Technology
Co
Ltd
304
49,108
(a)
Gubre
Fabrikalari
TAS
248
17,665
Gujarat
Alkalies
&
Chemicals
Ltd
143
21,772
Gujarat
Fluorochemicals
Ltd
810
422,906
Gujarat
Narmada
Valley
Fertilizers
&
Chemicals
Ltd
3,178
199,152
Gujarat
State
Fertilizers
&
Chemicals
Ltd
469
2,267
(b)
Gurit
Holding
AG.
167
26,291
Han
Kuk
Carbon
Co
Ltd
210
47,200
Hangzhou
Oxygen
Plant
Group
Co
Ltd
186
11,998
Hanil
Cement
Co
Ltd
111
7,604
Hansol
Chemical
Co
Ltd
1,135
94,253
Hanwha
Chemical
Corp
1,935
32,600
Haohua
Chemical
Science
&
Technology
Co
Ltd
148
291,942
Harmony
Gold
Mining
Co
Ltd
2,414
841,611
HeidelbergCement
AG.
92,646
67,346
HeidelbergCement
India
Ltd
159
843,595
(a)
Hektas
Ticaret
TAS
446
193,400
Henan
Shenhuo
Coal
&
Power
Co
Ltd
519
405,069
Hengli
Petrochemical
Co
Ltd
768
196,094
Hengyi
Petrochemical
Co
Ltd
174
873,316
Hesteel
Co
Ltd
257
205,729
Hexpol
AB
2,512
540,800
Hextar
Global
Bhd
102
170,796
Hill
&
Smith
Holdings
plc
4,219
121,598
Himadri
Speciality
Chemical
Ltd
441
1,580,580
Hindalco
Industries
Ltd
10,671
191,678
Hindustan
Copper
Ltd
642
249,891
Hochschild
Mining
plc
401
85,829
(b)
Hokuetsu
Paper
Mills
Ltd
1,056
191,962
Holcim
Ltd
17,391
76,387
(a)
Holmen
AB
3,107
16,597
Honam
Petrochemical
Corp
1,480
33,400
Hoshine
Silicon
Industry
Co
Ltd
229
173,000
Hsin
Kuang
Steel
Co
Ltd
336
883,000
(b)
Huabao
International
Holdings
Ltd
257
245,900
Huafon
Chemical
Co
Ltd
224
244,000
Huaibei
Mining
Holdings
Co
Ltd
553
1,050,557
HudBay
Minerals,
Inc
7,352
77,427
(b)
Huhtamaki
Oyj
3,244
458,111
Hunan
Valin
Steel
Co
Ltd
326
99
Huntsman
Corp
3
2,312
Hyosung
Advanced
Materials
Corp
586
2,114
Hyosung
TNC
Corp
485
85,751
Hyundai
Steel
Co
2,027
134,279
(a),(b)
i-80
Gold
Corp
176
377,190
(a)
Iamgold
Corp
1,259
327,531
(c)
Ibstock
plc
623
334,431
Iluka
Resources
Ltd
1,572
410,660
Imdex
Ltd
623
27,795
Imerys
S.A.
947
1,342,962
(b)
Impala
Platinum
Holdings
Ltd
5,548
1,568,679
Incitec
Pivot
Ltd
2,954
2,121,797
Indah
Kiat
Pulp
&
Paper
Tbk
PT
1,281
511,149
Independence
Group
NL
2,355
76,930
India
Cements
Ltd
197
9,864
Indigo
Paints
Ltd
149
85
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
1,381,704
Indorama
Ventures
PCL
$
906
86,121
(a),(b)
Industrias
Penoles
S.A.
de
C.V.
1,224
1,296,018
Inner
Mongolia
BaoTou
Steel
Union
Co
Ltd
285
551,288
Inner
Mongolia
Junzheng
Energy
&
Chemical
Industry
Group
Co
Ltd
278
189,600
Inner
Mongolia
Yuan
Xing
Energy
Co
Ltd
147
133,496
Innospec,
Inc
17,213
41,032
(a)
Interfor
Corp
641
646,000
International
CSRC
Investment
Holdings
Co
349
234,250
(b)
International
Flavors
&
Fragrances,
Inc
20,143
80,400
Irani
Papel
e
Embalagem
S.A.
148
30,120
Israel
Chemicals
Ltd
160
2,778
(a)
Israel
Corp
Ltd
757
3,118
(a)
ISU
Specialty
Chemical
845
293,810
(a),(b)
Ivanhoe
Electric,
Inc
2,879
1,117,828
(a),(b)
Ivanhoe
Mines
Ltd
13,336
23,178
(a)
Jai
Balaji
Industries
Ltd
261
27,936
JAI
Corp
Ltd
95
367,918
(a)
James
Hardie
Industries
plc
14,788
38,843
(a)
Jastrzebska
Spolka
Weglowa
S.A.
361
12,800
JCU
Corp
326
482,449
JFE
Holdings,
Inc
7,996
260,800
Jiangsu
Eastern
Shenghong
Co
Ltd
358
15,990
Jiangsu
Yangnong
Chemical
Co
Ltd
113
28,500
Jiangsu
Yoke
Technology
Co
Ltd
211
528,115
Jiangxi
Copper
Co
Ltd
902
53,509
Jiangxi
Copper
Co
Ltd
(Class
A)
167
34,813
Jinan
Acetate
Chemical
Co
Ltd
975
2,433,000
(b)
Jinchuan
Group
International
Resources
Co
Ltd
255
955,412
Jindal
Saw
Ltd
4,951
150,110
Jindal
Steel
&
Power
Ltd
1,537
226,900
Jinduicheng
Molybdenum
Co
Ltd
352
28,600
JK
Cement
Ltd
1,400
45,172
JK
Lakshmi
Cement
Ltd
475
60,349
JK
Paper
Ltd
234
136,603
Johnson
Matthey
plc
3,087
158,728
JSR
Corp
4,543
703,068
JSW
Steel
Ltd
7,022
60,729
Jubilant
Ingrevia
Ltd
330
144,918
(b)
K&S
AG.
2,262
197,264
(a)
K92
Mining,
Inc
917
4,520
Kaiser
Aluminum
Corp
404
33,915
Kaneka
Corp
844
411,897
Kansai
Nerolac
Paints
Ltd
1,298
144,000
(b)
Kansai
Paint
Co
Ltd
2,063
28,100
Kanto
Denka
Kogyo
Co
Ltd
187
156,109
Kardemir
Karabuk
Demir
Celik
Sanayi
ve
Ticaret
AS
(Class
A)
91
707,162
Kardemir
Karabuk
Demir
Celik
Sanayi
ve
Ticaret
AS.
500
128,563
(a)
Karora
Resources,
Inc
482
3,125
KCC
Corp
614
11,200
KeePer
Technical
Laboratory
Co
Ltd
368
83,968
Kemira
Oyj
1,587
66,835
(a)
Kesoram
Industries
Ltd
138
32,695
KG
Chemical
Corp
145
33,544
KG
DONGBUSTEEL
175
53,770
KGHM
Polska
Miedz
S.A.
1,536
25,100
KH
Neochem
Co
Ltd
380
55,113
Kimteks
Poliuretan
Sanayi
VE
Ticaret
AS.
98
1,055,050
Kinross
Gold
Corp
6,473
48,552
Kirloskar
Ferrous
Industries
Ltd
318
61,202
Kirloskar
Oil
Engines
Ltd
632
607,138
Klabin
S.A.
3,058
179,610
(a)
Knife
River
Corp
14,563
905,300
(b)
Kobe
Steel
Ltd
12,285
118,951
Kocaer
Celik
Sanayi
Ve
Ticaret
AS.
168
CREF
Stock
Account
March
31,
2024
86
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
16,044
Kolon
Industries,
Inc
$
453
40,316
Konishi
Co
Ltd
410
749
(a)
Konya
Cimento
Sanayii
227
2,299
Korea
Petrochemical
Ind
Co
Ltd
226
3,541
Korea
Zinc
Co
Ltd
1,195
664,564
Koza
Altin
Isletmeleri
AS
460
162,650
(a)
Koza
Anadolu
Metal
Madencilik
Isletmeleri
AS
241
43,830
Kronos
Worldwide,
Inc
517
13,600
Krosaki
Harima
Corp
316
28,708
(a)
Kum
Yang
Co
Ltd
2,409
25,578
Kumba
Iron
Ore
Ltd
624
6,500
Kumho
Petrochemical
Co
Ltd
678
49,548
Kumiai
Chemical
Industry
Co
Ltd
271
231,600
Kuraray
Co
Ltd
2,481
31,000
KUREHA
CORP
559
18,216
Kyoei
Steel
Ltd
285
222,458
(b)
Labrador
Iron
Ore
Royalty
Corp
4,743
96,300
Lafarge
Malayan
Cement
BHD
101
33,409
(a)
Lake
Materials
Co
Ltd
630
67,770
Lanxess
AG.
1,814
1,937,459
(a)
Latin
Resources
Ltd
233
63,295
Laxmi
Organic
Industries
Ltd
179
158,754
LB
Group
Co
Ltd
405
1,196,000
Lee
&
Man
Paper
Manufacturing
Ltd
361
15,574
Lenzing
AG.
539
816,893
(a),(b),(d)
Leo
Lithium
Ltd
202
42,583
LG
Chem
Ltd
13,938
6,834
LG
Chem
Ltd
(Preference)
1,525
1,797,728
Linde
plc
834,721
28,300
Lintec
Corp
583
1,015,887
(a),(b)
Liontown
Resources
Ltd
774
82,777
(a),(b)
Lithium
Americas
Argentina
Corp
445
82,777
(a),(b)
Lithium
Americas
Corp
556
684,477
Longchen
Paper
&
Packaging
Co
Ltd
311
627,400
(a),(c)
Lotte
Chemical
Titan
Holding
Bhd
150
11,373
LOTTE
Fine
Chemical
Co
Ltd
400
47,887
Louisiana-Pacific
Corp
4,018
89,340
Lundin
Gold,
Inc
1,256
564,724
Lundin
Mining
Corp
5,778
2,406,279
(a)
Lynas
Corp
Ltd
8,882
9,307
LyondellBasell
Industries
NV
952
11,733
(b)
Maeda
Kosen
Co
Ltd
281
73,216
(a),(b)
MAG.
Silver
Corp
772
426,397
Maharashtra
Seamless
Ltd
4,350
54,242
(a)
Major
Drilling
Group
International
360
173,713
Marshalls
plc
601
12,295
Martin
Marietta
Materials,
Inc
7,548
153,600
Maruichi
Steel
Tube
Ltd
4,101
12,421
Meghmani
Finechem
Ltd
164
3,815,196
(a)
Merdeka
Copper
Gold
Tbk
PT
549
4,798,144
Mesaieed
Petrochemical
Holding
Co
2,584
541,900
Metalurgica
Gerdau
S.A.
1,112
51,550
(b)
Methanex
Corp
2,297
27,128
(a)
Methanol
Chemicals
Co
121
29,246
Middle
East
Paper
Co
331
635,934
Mineral
Resources
Ltd
29,341
187,600
Minerals
Technologies,
Inc
14,123
27,572
(c)
Mishra
Dhatu
Nigam
Ltd
131
312,743
Misr
Fertilizers
Production
Co
SAE
342
7,500
Mitani
Sekisan
Co
Ltd
298
1,074,134
Mitsubishi
Chemical
Holdings
Corp
6,546
127,300
Mitsubishi
Gas
Chemical
Co,
Inc
2,135
103,000
Mitsubishi
Materials
Corp
1,937
143,000
Mitsui
Chemicals,
Inc
4,195
87
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
112,764
Mitsui
Mining
&
Smelting
Co
Ltd
$
3,456
910
Miwon
Commercial
Co
Ltd
122
2,560,000
(a)
MMG
Ltd
1,007
18,734
MNTech
Co
Ltd
255
24,111
MOIL
Ltd
81
16,893
Mondi
plc
298
478,406
Mount
Gibson
Iron
Ltd
134
100,558
(a),(b)
MP
Materials
Corp
1,438
134,078
(b)
M-real
Oyj
(B
Shares)
1,016
99,230
Myers
Industries,
Inc
2,299
50,071
Najran
Cement
Co
137
32,000
Nan
Pao
Resins
Chemical
Co
Ltd
313
4,101,887
Nan
Ya
Plastics
Corp
7,057
181,300
(b)
Nanofilm
Technologies
International
Ltd
96
200,000
Nantex
Industry
Co
Ltd
208
674,130
National
Aluminium
Co
Ltd
1,238
208,550
(a)
National
Industrialization
Co
736
26,332
Navin
Fluorine
International
Ltd
985
11,762
Neogen
Chemicals
Ltd
169
513,869
(a)
New
Gold,
Inc
865
4,648
NewMarket
Corp
2,950
1,995,444
Newmont
Goldcorp
Corp
71,517
1,410,307
Nickel
Industries
Ltd
744
230,681
Nihon
Parkerizing
Co
Ltd
1,858
1,131,000
(b)
Nine
Dragons
Paper
Holdings
Ltd
472
65,700
Ningbo
Shanshan
Co
Ltd
106
408,106
Ningxia
Baofeng
Energy
Group
Co
Ltd
885
104,566
Nippon
Kayaku
Co
Ltd
897
377,903
Nippon
Light
Metal
Holdings
Co
Ltd
4,484
835,400
Nippon
Paint
Co
Ltd
6,013
77,980
(b)
Nippon
Paper
Industries
Co
Ltd
603
142,700
Nippon
Pillar
Packing
Co
Ltd
5,801
80,512
Nippon
Shokubai
Co
Ltd
786
17,684
Nippon
Soda
Co
Ltd
708
714,627
(b)
Nippon
Steel
Corp
17,197
106,200
Nissan
Chemical
Industries
Ltd
4,022
30,114
Nittetsu
Mining
Co
Ltd
971
119,900
Nitto
Denko
Corp
10,964
878,048
NMDC
Ltd
2,131
623,733
(a)
NMDC
Steel
Ltd
410
102,670
NOCIL
Ltd
309
154,146
NOF
Corp
2,111
2,259,926
Norsk
Hydro
ASA
12,419
204,111
Northam
Platinum
Holdings
Ltd
1,217
55,538
Northern
Region
Cement
Co
148
960,377
Northern
Star
Resources
Ltd
9,062
212,183
(a)
Novagold
Resources,
Inc
634
337,319
Novozymes
A.S.
19,842
309,572
Nucor
Corp
61,264
298,211
Nufarm
Ltd
1,069
41,678
Nuh
Cimento
Sanayi
AS.
378
686,799
Nutrien
Ltd
37,312
109,674
(a)
Nuvoco
Vistas
Corp
Ltd
404
2,920,707
OceanaGold
Corp
6,598
4,110
OCI
Co
Ltd
262
11,133
OCI
Co
Ltd
778
74,017
OCI
NV
2,029
582,200
(b)
OJI
Paper
Co
Ltd
2,417
7,200
Okamoto
Industries,
Inc
234
106,898
Olin
Corp
6,286
56,550
Olympic
Steel,
Inc
4,008
119,157
Omnia
Holdings
Ltd
371
828,248
(b)
Orbia
Advance
Corp
SAB
de
C.V.
1,733
402,071
Orica
Ltd
4,782
CREF
Stock
Account
March
31,
2024
88
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
70,758
Orient
Cement
Ltd
$
167
474,000
Oriental
Union
Chemical
Corp
267
1,245
(a)
Orissa
Minerals
Development
Co
Ltd
88
184,329
(a),(b)
Orla
Mining
Ltd
698
6,756,076
Orora
Ltd
11,972
9,100
Osaka
Organic
Chemical
Industry
Ltd
192
12,000
(b)
Osaka
Soda
Co
Ltd
763
4,000
Osaka
Steel
Co
Ltd
58
25,300
(b)
Osaka
Titanium
Technologies
437
133,205
(b)
Osisko
Gold
Royalties
Ltd
2,186
277,515
(a)
Osisko
Mining,
Inc
570
295,734
(a),(b)
Outokumpu
Oyj
1,286
258,250
(a)
Oyak
Cimento
Fabrikalari
AS
483
1,064,800
Pabrik
Kertas
Tjiwi
Kimia
Tbk
PT
479
438,812
Packaging
Corp
of
America
83,278
99,850
Pactiv
Evergreen,
Inc
1,430
1,635,687
Pan
African
Resources
plc
465
1,141,469
(b)
Pan
American
Silver
Corp
(Toronto)
17,208
508,266
(a)
Pangang
Group
Vanadium
Titanium
&
Resources
Co
Ltd
213
229,073
(c)
Paradeep
Phosphates
Ltd
183
133,015
PCBL
Ltd
428
3,840,216
Perenti
Ltd
2,452
5,807,613
Perseus
Mining
Ltd
8,144
979,003
(a)
Petkim
Petrokimya
Holding
605
2,470,415
Petronas
Chemicals
Group
Bhd
3,547
13,469
PI
Advanced
Materials
Co
Ltd
220
75,111
PI
Industries
Ltd
3,490
130,938
Pidilite
Industries
Ltd
4,736
2,406,136
(b)
Pilbara
Minerals
Ltd
6,004
162,900
(a)
PMB
Technology
Bhd
90
574
Politeknik
Metal
Sanayi
ve
Ticaret
AS.
365
15,541
Polyplex
Corp
Ltd
143
83,644
Poongsan
Corp
3,127
166,049
Portucel
Empresa
Produtora
de
Pasta
e
Papel
S.A.
726
69,232
POSCO
21,685
17,535
(a)
POSCO
M-Tech
Co
Ltd
299
98,595
PPG
Industries,
Inc
14,286
1,513,468
Press
Metal
Aluminium
Holdings
Bhd
1,490
126,676
(a)
Prism
Johnson
Ltd
272
3,102,400
PT
Aneka
Tambang
Tbk
313
984,500
PT
Indocement
Tunggal
Prakarsa
Tbk
543
2,820,323
PT
Semen
Gresik
Persero
Tbk
1,050
2,163
(a)
PTC
Industries
Ltd
191
1,919,509
PTT
Global
Chemical
PCL
2,012
38,116
Qassim
Cement
Co
591
2,262,375
Qatar
Aluminum
Manufacturing
Co
818
228,227
Qatari
Investors
Group
QSC
103
263,900
(a)
Qinghai
Salt
Lake
Industry
Co
Ltd
581
1,080
Quaker
Chemical
Corp
222
117,923
Rain
Industries
Ltd
214
15,226
Rajratan
Global
Wire
Ltd
106
69,861
Rallis
India
Ltd
210
87,191
Ramco
Cements
Ltd
849
889,092
Ramelius
Resources
Ltd
1,079
302,521
Ramkrishna
Forgings
Ltd
2,514
42,885
Rashtriya
Chemicals
&
Fertilizers
Ltd
66
41,807
Ratnamani
Metals
&
Tubes
Ltd
1,404
32,234
(b)
Recticel
S.A.
380
2,046,643
(a)
Red
5
Ltd
508
613,912
(a)
Regis
Resources
Ltd
807
136,002
Reliance
Steel
&
Aluminum
Co
45,449
155,683
Rengo
Co
Ltd
1,187
1,769,986
(a)
Resolute
Mining
Ltd
496
50,762
Rhi
Magnesita
India
Ltd
337
89
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
15,767
RHI
Magnesita
NV
$
703
310,081
Rio
Tinto
Ltd
24,610
827,366
Rio
Tinto
plc
52,310
568,824
Rongsheng
Petrochemical
Co
Ltd
854
12,742
Rossari
Biotech
Ltd
104
50,600
Royal
Gold,
Inc
6,164
362,760
Ryerson
Holding
Corp
12,152
207,179
SABIC
Agri-Nutrients
Co
6,774
302,405
Sahara
International
Petrochemical
Co
2,496
32,600
Sakata
INX
Corp
339
137,238
Salzgitter
AG.
3,585
4,273
Sam-A
Aluminum
Co
Ltd
271
19,000
San
Fu
Chemical
Co
Ltd
95
373,321
Sandfire
Resources
Ltd
2,162
208,264
(b)
Sandstorm
Gold
Ltd
1,092
28,466
Sandur
Manganese
&
Iron
Ores
Ltd
123
55,711
Sanyo
Chemical
Industries
Ltd
1,553
15,206
Sanyo
Special
Steel
Co
Ltd
225
440,193
Sappi
Ltd
1,169
102,500
Sarda
Energy
&
Minerals
Ltd
250
1,109,092
(a)
Sasa
Polyester
Sanayi
AS
1,475
501,307
(b)
Sasol
Ltd
3,874
187,820
Satellite
Chemical
Co
Ltd
443
711,718
(a)
Saudi
Arabian
Mining
Co
9,583
43,429
Saudi
Aramco
Base
Oil
Co
1,939
785,334
Saudi
Basic
Industries
Corp
16,356
60,137
Saudi
Cement
Co
747
311,977
Saudi
Industrial
Investment
Group
1,861
645,382
(a)
Saudi
Kayan
Petrochemical
Co
1,552
13,484
(a)
Saudi
Steel
Pipe
Co
247
977,100
SCG
Packaging
PCL
771
664,000
Scientex
BHD
579
31,512
(b)
Scotts
Miracle-Gro
Co
(Class
A)
2,350
58,512
(a)
Seabridge
Gold,
Inc
885
11,934
SeAH
Besteel
Holdings
Corp
201
1,348
SeAH
Steel
Holdings
Corp
232
105,536
Sealed
Air
Corp
3,926
8,218,300
(a),(d)
Sekawan
Intipratama
Tbk
PT
0
^
15,455
Semapa-Sociedade
de
Investimento
e
Gestao
249
87,648
Shandong
Gold
Mining
Co
Ltd
-
A
318
304,255
(c)
Shandong
Gold
Mining
Co
Ltd
-
H
619
148,707
Shandong
Hualu
Hengsheng
Chemical
Co
Ltd
521
380,666
Shandong
Nanshan
Aluminum
Co
Ltd
178
129,511
Shandong
Sun
Paper
Industry
JSC
Ltd
253
241,200
Shanghai
Chlor-Alkali
Chemical
Co
Ltd
117
80,777
Shanghai
Putailai
New
Energy
Technology
Co
Ltd
213
157,629
(a)
Shanxi
Meijin
Energy
Co
Ltd
140
331,363
Shanxi
Taigang
Stainless
Steel
Co
Ltd
162
35,775
Sharda
Cropchem
Ltd
138
36,048
Shenzhen
Capchem
Technology
Co
Ltd
170
47,100
Shenzhen
YUTO
Packaging
Technology
Co
Ltd
159
192,799
Sherwin-Williams
Co
66,965
100,000
(a)
Shihlin
Paper
Corp
177
25,100
Shikoku
Kasei
Holdings
Corp
293
6,900
(b)
Shinagawa
Refractories
Co
Ltd
87
2,294,500
Shin-Etsu
Chemical
Co
Ltd
100,641
248,703
Shin-Etsu
Polymer
Co
Ltd
2,532
802,000
Shinkong
Synthetic
Fibers
Corp
393
78,000
Shiny
Chemical
Industrial
Co
Ltd
468
11,310
Shivalik
Bimetal
Controls
Ltd
71
1,622,000
Shougang
Fushan
Resources
Group
Ltd
555
141,900
Showa
Denko
KK
3,306
7,645
Shree
Cement
Ltd
2,360
31,129
Shyam
Metalics
&
Energy
Ltd
221
CREF
Stock
Account
March
31,
2024
90
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
666,283
Siam
Cement
PCL
$
4,675
86,800
Siam
City
Cement
PCL
333
1,505,262
(b)
Sibanye
Stillwater
Ltd
1,723
321,000
Sichuan
Hebang
Biotechnology
Co
Ltd
102
301,444
(b)
SIG
Group
AG.
6,684
39,023
(b)
Sika
AG.
11,611
407,129
Silgan
Holdings,
Inc
19,770
1,240,172
(a)
Silver
Lake
Resources
Ltd
1,003
162,896
(b)
Silvercorp
Metals,
Inc
530
109,641
(a),(b)
SilverCrest
Metals,
Inc
731
126,928
Sims
Ltd
1,052
1,490,000
Sinofert
Holdings
Ltd
156
81,600
Sinoma
Science
&
Technology
Co
Ltd
170
39,188
Sinomine
Resource
Group
Co
Ltd
198
217,000
Sinon
Corp
265
8,138
SK
Chemicals
Co
Ltd
382
30,880
(a),(c)
SK
IE
Technology
Co
Ltd
1,677
14,870
SKC
Co
Ltd
1,322
28,568
Skshu
Paint
Co
Ltd
129
1,028,661
Smurfit
Kappa
Group
plc
46,903
27,919
SOL
S.p.A.
1,000
434,000
Solar
Applied
Materials
Technology
Corp
672
58,924
(a)
Solaris
Resources,
Inc
208
60,404
(b)
Solvay
S.A.
1,649
72,419
Sonoco
Products
Co
4,189
2,946
Soulbrain
Co
Ltd
641
3,686
Soulbrain
Holdings
Co
Ltd
164
3,794,889
South32
Ltd
7,405
5,000
South32
Ltd
10
36,787
(b)
Southern
Copper
Corp
3,919
44,812
Southern
Province
Cement
Co
470
127,028
SRF
Ltd
3,906
189,360
Ssab
Svenskt
Stal
AB
(Series
A)
1,399
1,083,433
Ssab
Svenskt
Stal
AB
(Series
B)
8,000
372,834
(b)
SSR
Mining,
Inc
1,663
419,676
(b)
SSR
Mining,
Inc
1,868
28,639
(a)
Star
Cement
Ltd
78
25,601
Steel
Dynamics,
Inc
3,795
26,175
(b)
Stelco
Holdings,
Inc
863
40,546
Stella-Jones,
Inc
2,365
2,054
STO
AG.
351
38,037
Stora
Enso
Oyj
(R
Shares)
529
51,624
Sumitomo
Bakelite
Co
Ltd
1,556
1,021,700
(b)
Sumitomo
Chemical
Co
Ltd
2,214
94,336
Sumitomo
Chemical
India
Ltd
394
206,700
Sumitomo
Metal
Mining
Co
Ltd
6,172
288,621
(b)
Sumitomo
Osaka
Cement
Co
Ltd
7,221
912,556
(a)
Summit
Materials,
Inc
40,673
121,715
SunCoke
Energy,
Inc
1,372
29,100
Sunresin
New
Materials
Co
Ltd
180
161,664
Supreme
Industries
Ltd
8,220
64,386
Supreme
Petrochem
Ltd
482
7,067,200
(a)
Surya
Esa
Perkasa
Tbk
PT
301
17,277
Surya
Roshni
Ltd
106
671,017
Suzano
SA
8,560
602,509
(b)
Svenska
Cellulosa
AB
(B
Shares)
9,263
128,912
(a),(b)
Syensqo
S.A.
12,215
258,511
Symrise
AG.
30,947
24,900
(b)
T
Hasegawa
Co
Ltd
502
1,327,344
TA
Chen
Stainless
Pipe
1,540
269
Taekwang
Industrial
Co
Ltd
153
93,300
Taiheiyo
Cement
Corp
2,149
91
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,825,145
Taiwan
Cement
Corp
$
2,796
519,000
Taiwan
Fertilizer
Co
Ltd
1,027
203,000
Taiwan
Hon
Chuan
Enterprise
Co
Ltd
927
29,000
Taiyo
Ink
Manufacturing
Co
Ltd
639
153,219
Taiyo
Nippon
Sanso
Corp
4,807
6,355
Takasago
International
Corp
144
59,014
Takiron
Co
Ltd
262
248,216
(a)
Taseko
Mines
Ltd
533
118,618
Tata
Chemicals
Ltd
1,542
4,221,684
Tata
Steel
Ltd
7,916
6,430
Tatva
Chintan
Pharma
Chem
Pvt
Ltd
83
13,329
TCC
Steel
598
624,575
Teck
Cominco
Ltd
(Class
B)
28,588
244,422
Teck
Resources
Ltd
11,190
140,100
Teijin
Ltd
1,272
56,400
Tenma
Corp
844
112,221
Ternium
S.A.
(ADR)
4,671
19,203
(b)
Tessenderlo
Chemie
NV
502
1,128,755
ThyssenKrupp
AG.
6,055
1,306,000
Tiangong
International
Co
Ltd
276
251,200
Tianqi
Lithium
Corp
1,658
192,900
Tianshan
Aluminum
Group
Co
Ltd
171
686,100
Tipco
Asphalt
PCL
299
101,673
Titan
Cement
International
S.A.
2,912
12,591
TKG
Huchems
Co
Ltd
188
582,400
TOA
Paint
Thailand
PCL
326
64,703
Toagosei
Co
Ltd
678
23,624
(b)
Toho
Titanium
Co
Ltd
245
157,929
Tokai
Carbon
Co
Ltd
1,047
4,100
Tokushu
Tokai
Paper
Co
Ltd
108
48,541
Tokuyama
Corp
850
78,042
Tokyo
Ohka
Kogyo
Co
Ltd
2,367
157,404
Tokyo
Steel
Manufacturing
Co
Ltd
1,726
564,000
Ton
Yi
Industrial
Corp
252
95,378
Tongkun
Group
Co
Ltd
177
835,200
Tongling
Nonferrous
Metals
Group
Co
Ltd
452
1,240,781
Toray
Industries,
Inc
5,958
63,823
(a)
Torex
Gold
Resources,
Inc
940
1,065,500
Tosoh
Corp
14,479
3,300
(b)
Toyo
Gosei
Co
Ltd
212
24,300
Toyo
Ink
Manufacturing
Co
Ltd
472
102,700
Toyo
Seikan
Kaisha
Ltd
1,617
60,148
Toyobo
Co
Ltd
442
5,268,000
TPI
Polene
PCL
196
56,992
Transcontinental,
Inc
619
154,460
Tredegar
Corp
1,007
193,180
Trimas
Corp
5,164
41,097
(b)
Triple
Flag
Precious
Metals
Corp
594
506,000
TSRC
Corp
368
383,000
Tung
Ho
Steel
Enterprise
Corp
822
369,643
UACJ
Corp
10,574
74,526
UBE
Industries
Ltd
1,328
100,912
Ultra
Tech
Cement
Ltd
11,817
8,333
(b)
Umicore
S.A.
180
38,260
Uniao
de
Industrias
Petroquimicas
S.A.
509
2,087
Unid
Co
Ltd
126
72,384
United
States
Steel
Corp
2,952
336,810
Universal
Cement
Corp
332
575,000
UPC
Technology
Corp
238
420,076
UPL
Ltd
2,301
223,849
UPM-Kymmene
Oyj
7,458
129,890
Usha
Martin
Ltd
497
CREF
Stock
Account
March
31,
2024
92
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
661,000
USI
Corp
$
329
385,300
Usinas
Siderurgicas
de
Minas
Gerais
S.A.
(Preference)
769
6,350,910
Vale
S.A.
77,028
624,812
Vedanta
Ltd
2,045
58,651
(c)
Verallia
S.A.
2,280
11,215
Vetropack
Holding
AG.
405
159,486
Vicat
S.A.
6,291
67,842
Victrex
plc
1,112
16,326
Vidrala
S.A.
1,695
20,806
Vinati
Organics
Ltd
367
5,225
Voestalpine
AG.
147
17,612
(a)
VT
Co
Ltd
230
26,387
Vulcan
Materials
Co
7,202
60,530
Vulcan
Steel
Ltd
333
12,493
Wacker
Chemie
AG.
1,409
178,196
Wanhua
Chemical
Group
Co
Ltd
1,986
43,562
Weihai
Guangwei
Composites
Co
Ltd
183
63,753
Welspun
Corp
Ltd
394
116,808
(a)
Wesdome
Gold
Mines
Ltd
870
862,225
(a)
West
African
Resources
Ltd
675
2,230,000
West
China
Cement
Ltd
294
30,238
West
Coast
Paper
Mills
Ltd
215
52,031
West
Fraser
Timber
Co
Ltd
4,493
92,400
Western
Mining
Co
Ltd
237
31,291
Western
Superconducting
Technologies
Co
Ltd
161
344,634
Westgold
Resources
Ltd
590
316,430
Westlake
Chemical
Corp
48,351
419,545
Westrock
Co
20,747
389,108
Wheaton
Precious
Metals
Corp
18,327
42,340
(b)
Wheaton
Precious
Metals
Corp
1,995
84,323
Wienerberger
AG.
3,072
24,268
(b)
Winpak
Ltd
726
46,300
Worthington
Industries,
Inc
2,881
99,400
Worthington
Steel,
Inc
3,563
32,600
(a),(b)
W-Scope
Corp
118
73,915
Xiamen
Tungsten
Co
Ltd
199
78,778
Yamama
Cement
Co
707
172,105
Yamato
Kogyo
Co
Ltd
9,790
53,756
Yanbu
Cement
Co
421
244,803
Yanbu
National
Petrochemical
Co
2,430
5,296
Yara
International
ASA
168
233,000
YC
INOX
Co
Ltd
183
838,150
Yieh
Phui
Enterprise
Co
Ltd
400
161,723
(a)
Yintai
Gold
Co
Ltd
379
14,955
Yodogawa
Steel
Works
Ltd
453
21,840
YongXing
Special
Materials
Technology
Co
Ltd
144
9,285
Youlchon
Chemical
Co
Ltd
259
148
Young
Poong
Corp
52
904,000
Yuen
Foong
Yu
Paper
Manufacturing
Co
Ltd
842
68,900
Yunnan
Aluminium
Co
Ltd
130
403,100
Yunnan
Chihong
Zinc&Germanium
Co
Ltd
309
45,784
Yunnan
Energy
New
Material
Co
Ltd
258
138,100
Yunnan
Tin
Co
Ltd
276
182,600
Yunnan
Yuntianhua
Co
Ltd
468
115,500
Zangge
Mining
Co
Ltd
476
114,716
Zeon
Corp
999
569,500
Zhaojin
Mining
Industry
Co
Ltd
776
39,738
Zhejiang
Huayou
Cobalt
Co
Ltd
146
174,836
Zhejiang
Juhua
Co
Ltd
567
210,200
Zhejiang
Longsheng
Group
Co
Ltd
242
121,300
Zhongjin
Gold
Corp
Ltd
208
25,147
Zignago
Vetro
S.p.A.
360
93
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
4,795,232
Zijin
Mining
Group
Co
Ltd
$
9,607
2,166,466
Zijin
Mining
Group
Co
Ltd
(Class
A)
4,835
TOTAL
MATERIALS
5,460,038
MEDIA
&
ENTERTAINMENT
-
5.7%
121,123
37
Interactive
Entertainment
Network
Technology
Group
Co
Ltd
296
21,829
4imprint
Group
plc
1,743
370,809
(a)
Adevinta
ASA
3,887
316,510
(a)
Affle
India
Ltd
3,964
32,428
AfreecaTV
Co
Ltd
2,967
10,130,000
(a),(b)
Alibaba
Pictures
Group
Ltd
590
8,157,165
(a)
Alphabet,
Inc
1,242,010
8,201,314
(a)
Alphabet,
Inc
(Class
A)
1,237,824
15,800
(a),(b)
Anycolor,
Inc
272
12,459
Arabian
Contracting
Services
Co
741
117,488
Arnoldo
Mondadori
Editore
S.p.A.
295
348,092
(a),(b)
Ascential
plc
1,333
782,200
Astro
Malaysia
Holdings
Bhd
50
279,496
Atresmedia
Corp
de
Medios
de
Comunicacion
S.A.
1,337
1,581,022
(c)
Auto
Trader
Group
plc
13,962
29,223
Autohome,
Inc
(ADR)
766
118,759
Avex
Group
Holdings,
Inc
1,006
5,213,398
(a)
Baidu,
Inc
68,632
99,546
(a)
Baidu,
Inc
(ADR)
10,480
198,357
Beijing
Enlight
Media
Co
Ltd
284
20,018
(a),(b)
Believe
S.A.
366
6,400
(a),(b)
Bengo4.com,
Inc
142
29,669
(a),(b)
Better
Collective
A.S.
797
78,508
(a),(b)
Bilibili,
Inc
891
25,918
Bollore
SE
173
285,914
(a),(b)
Borussia
Dortmund
GmbH
&
Co
KGaA
1,033
108,380
(a)
Boston
Omaha
Corp
1,676
1,021,373
Brightcom
Group
Ltd
169
110,200
(a)
Bumble,
Inc
1,251
4,292
Cable
One,
Inc
1,816
290,400
Capcom
Co
Ltd
5,440
683,639
carsales.com
Ltd
16,070
53,060
CD
Projekt
S.A.
1,552
19,001
(a)
Charter
Communications,
Inc
5,522
56,488
Cheil
Worldwide,
Inc
783
161,865
(a),(d)
Chennai
Super
Kings
Cricket
Ltd
14
105,200
China
Film
Co
Ltd
178
166,158
(a),(c)
China
Literature
Ltd
557
4,804,000
(a),(b)
China
Ruyi
Holdings
Ltd
1,223
47,041
(a),(b)
Cineplex,
Inc
256
51,976
(a)
CJ
CGV
Co
Ltd
215
8,813
CJ
ENM
Co
Ltd
513
710,620
(a),(b)
Clear
Channel
Outdoor
Holdings,
Inc
1,173
77,050
(a),(b),(c)
Cloud
Music,
Inc
910
1,070,000
(a),(b)
CMGE
Technology
Group
Ltd
157
11,647
Cogeco
Communications,
Inc
517
44,018
(a)
COLOPL,
Inc
179
7,186
Com2uSCorp
226
8,701,771
Comcast
Corp
(Class
A)
377,222
8,606
(a)
Connectwave
Co
Ltd
89
1,857,300
(a)
Converge
Information
and
Communications
Technology
Solutions,
Inc
329
63,100
(a),(b)
Cover
Corp
1,009
298,714
CTS
Eventim
AG.
26,559
331,800
CyberAgent,
Inc
2,413
171,292
Cyfrowy
Polsat
S.A.
460
64,762
Daiichikosho
Co
Ltd
820
23,264
DB
Corp
Ltd
74
CREF
Stock
Account
March
31,
2024
94
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
59,311
(a),(b)
Dena
Co
Ltd
$
586
126,000
Dentsu,
Inc
3,499
5,990
(a)
Devsisters
Co
Ltd
216
174,994
Domain
Holdings
Australia
Ltd
374
7,801,100
Elang
Mahkota
Teknologi
Tbk
PT
215
318,533
Electronic
Arts,
Inc
42,260
618,832
(a),(b)
Embracer
Group
AB
1,348
315,220
(b)
Entravision
Communications
Corp
(Class
A)
517
113,339
(b)
Eutelsat
Communications
494
1,138,400
(a)
Eventbrite,
Inc
6,238
70,104
EVT
Ltd
567
67,290
(a)
EW
Scripps
Co
(Class
A)
264
933,607
Focus
Media
Information
Technology
Co
Ltd
840
37,300
Fuji
Television
Network,
Inc
452
77,182
Future
plc
598
1,307,640
(a),(b)
Gannett
Co,
Inc
3,191
78,400
Giant
Network
Group
Co
Ltd
133
163,700
Gray
Television,
Inc
1,035
51,750
Gree,
Inc
165
326,720
(a),(b)
Grindr,
Inc
3,310
1,806,600
(b)
Grupo
Televisa
S.A.
1,145
6,112,450
(b)
Grupo
Televisa
SAB
(ADR)
19,560
380,243
(a)
GungHo
Online
Entertainment,
Inc
6,085
154,800
Hakuhodo
DY
Holdings,
Inc
1,395
103,700
Hello
Group,
Inc
(ADR)
644
67,589
Hemnet
Group
AB
2,068
5,907,101
(a),(b),(e)
HUYA,
Inc
(ADR)
26,877
17,576
HYBE
Co
Ltd
2,990
55,926
(a)
IAC,
Inc
2,983
450,306
(a),(e)
iClick
Interactive
Asia
Group
Ltd
(ADR)
1,783
666,400
(a),(b),(c)
iDreamSky
Technology
Holdings
Ltd
218
718,000
IGG,
Inc
303
59,360
Info
Edge
India
Ltd
3,989
18,553
Infocom
Corp
328
2,971,060
Informa
plc
31,172
19,160
Innocean
Worldwide,
Inc
319
947,230
(a)
Integral
Ad
Science
Holding
Corp
9,444
94,000
International
Games
System
Co
Ltd
3,306
32,111
IPSOS
2,264
182,748
(a),(b)
iQIYI,
Inc
(ADR)
773
2,922,121
ITV
plc
2,726
51,382
(a)
JC
Decaux
S.A.
997
147,800
Jiangsu
Phoenix
Publishing
&
Media
Corp
Ltd
226
148,305
JOYY,
Inc
(ADR)
4,560
23,699
(a)
Just
Dial
Ltd
229
91,942
(a),(b)
Juventus
Football
Club
S.p.A
225
21,323
JYP
Entertainment
Corp
1,124
69,524
(b)
Kadokawa
Corp
1,222
106,400
Kakaku.com,
Inc
1,291
265,109
Kakao
Corp
10,716
24,956
(a)
Kakao
Games
Corp
433
191,000
Kanzhun
Ltd
(ADR)
3,348
10,177
Kinepolis
Group
NV
467
139,372
Kingnet
Network
Co
Ltd
216
400,310
Kingsoft
Corp
Ltd
1,235
68,400
(b)
Koei
Tecmo
Holdings
Co
Ltd
729
78,200
Konami
Corp
5,327
24,452
(a),(c)
Krafton,
Inc
4,541
1,959,100
(a),(c)
Kuaishou
Technology
12,332
36,400
Kunlun
Tech
Co
Ltd
205
18,766
(a)
Liberty
Media
Corp-Liberty
Formula
One
(Class
A)
1,102
145,791
(a)
Liberty
Media
Corp-Liberty
Formula
One
(Class
C)
9,564
95
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
15,821
(a)
Liberty
Media
Corp-Liberty
Live
(Class
A)
$
670
62,448
(a)
Liberty
Media
Corp-Liberty
Live
(Class
C)
2,736
275,606
(a)
Liberty
Media
Corp-Liberty
SiriusXM
8,188
56,908
(a)
Liberty
Media
Corp-Liberty
SiriusXM
(Class
A)
1,690
342,890
(a),(b)
Lions
Gate
Entertainment
Corp
(Class
A)
3,412
118,160
(a)
Lions
Gate
Entertainment
Corp
(Class
B)
1,100
115,295
(a)
Live
Nation,
Inc
12,195
19,785
M6-Metropole
Television
295
14,212
(a)
Madison
Square
Garden
Sports
Corp
2,622
1,245,571
(a)
Magnite,
Inc
13,390
486,900
Major
Cineplex
Group
PCL
(Foreign)
195
93,922
Mango
Excellent
Media
Co
Ltd
318
273,400
(a),(c)
Maoyan
Entertainment
334
1,370,796
(a)
Match
Group,
Inc
49,732
7,194,900
Media
Nusantara
Citra
Tbk
PT
153
246,500
Megacable
Holdings
SAB
de
C.V.
687
2,275,500
(b),(c)
Meitu,
Inc
956
3,999,427
Meta
Platforms,
Inc
1,942,042
710,195
MFE-MediaForEurope
NV
1,844
35,351
(b)
MFE-MediaForEurope
NV
123
279,390
Mixi
Inc
4,835
474,000
(a),(b),(c)
Mobvista,
Inc
187
59,615
(a)
Modern
Times
Group
MTG
AB
465
1,065,149
Moneysupermarket.com
Group
plc
2,954
214,280
MultiChoice
Group
1,285
110,954
Naver
Corp
15,415
26,530
(a)
Nazara
Technologies
Ltd
214
11,742
NCSoft
Corp
1,796
10,837
Neowiz
178
165,500
NetDragon
Websoft
Holdings
Ltd
232
2,591,030
NetEase,
Inc
53,690
475,145
(a)
NetFlix,
Inc
288,570
20,513
(a),(c)
Netmarble
Corp
961
123,902
(a)
Network18
Media
&
Investments
Ltd
129
121,811
New
York
Times
Co
(Class
A)
5,265
285,913
News
Corp
(Class
A)
7,485
87,844
News
Corp
(Class
B)
2,377
1,814,500
Nexon
Co
Ltd
30,160
21,265
(a)
Nexon
Games
Co
Ltd
219
24,333
Nexstar
Media
Group,
Inc
4,192
68,866
Next
15
Group
plc
803
10,648
NHN
Corp
200
1,082,925
Nine
Entertainment
Co
Holdings
Ltd
1,206
2,321,790
Nintendo
Co
Ltd
126,688
42,300
Nippon
Television
Holdings,
Inc
619
360,238
Omnicom
Group,
Inc
34,857
842,712
oOh!media
Ltd
977
266,800
Oriental
Pearl
Group
Co
Ltd
268
123,791
Paradox
Interactive
AB
2,174
9,109
(b)
Paramount
Global
(Class
A)
199
1,467,974
Paramount
Global
(Class
B)
17,278
22,498
(a)
Pearl
Abyss
Corp
507
73,400
People.cn
Co
Ltd
271
73,434
Perfect
World
Co
Ltd
108
99,639
(a)
Perion
Network
Ltd
2,243
438,640
(a)
Pinterest,
Inc
15,208
1,584,400
Plan
B
Media
Pcl
376
17,580
Playtika
Holding
Corp
124
114,828
ProSiebenSat.
Media
AG.
806
604,396
Publicis
Groupe
S.A.
65,892
58,139
(a)
PVR
Ltd
926
160,870
(a)
QuinStreet,
Inc
2,841
CREF
Stock
Account
March
31,
2024
96
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
42,472
REA
Group
Ltd
$
5,132
163,947
RELX
plc
7,102
1,628,022
Rightmove
plc
11,284
93,752
(a)
Roku,
Inc
6,110
531,960
RS
PCL
188
64,820
Saregama
India
Ltd
270
30,241
(a)
Saudi
Research
&
Media
Group
2,320
57,765
Schibsted
ASA
1,845
76,864
Schibsted
ASA
(B
Shares)
2,326
178,112
(c)
Scout24
SE
13,419
1,181,566
(a)
Sea
Ltd
(ADR)
63,462
274,287
Seek
Ltd
4,473
61,300
Septeni
Holdings
Co
Ltd
186
312,660
SES
S.A.
2,084
7,601
(b)
Shochiku
Co
Ltd
497
127,100
Sky
Perfect
Jsat
Corp
866
8,952
SM
Entertainment
Co
Ltd
568
617,600
(a),(b),(d)
SMI
Holdings
Group
Ltd
1
345,781
(a)
Snap,
Inc
3,970
140,737
(b)
Societe
Television
Francaise
1
1,286
52,000
Soft-World
International
Corp
232
103,992
(a)
Spotify
Technology
S.A.
27,443
72,600
(b)
Square
Enix
Co
Ltd
2,800
1,772,778
(a)
Stillfront
Group
AB
1,577
26,536
Stroeer
SE
&
Co
KGaA
1,615
8,878
(a)
Studio
Dragon
Corp
303
374,910
Sun
TV
Network
Ltd
2,702
20,124,700
Surya
Citra
Media
Tbk
PT
179
123,255
(a)
Take-Two
Interactive
Software,
Inc
18,302
97,105
(a)
Team17
Group
plc
288
8,508,125
Tencent
Holdings
Ltd
331,391
1,468,565
(a)
Tencent
Music
Entertainment
Group
(ADR)
16,433
46,562
TKO
Group
Holdings,
Inc
4,023
35,000
(b)
Toei
Animation
Co
Ltd
703
21,920
Toei
Co
Ltd
556
90,400
Toho
Co
Ltd
3,002
27,300
Tokyo
Broadcasting
System,
Inc
761
242,800
(a)
Tongdao
Liepin
Group
93
356,226
(a)
TripAdvisor,
Inc
9,900
222,930
(a),(c)
Trustpilot
Group
plc
559
15,151
TV
Asahi
Corp
209
345,822
(a)
TV18
Broadcast
Ltd
194
2,450
TX
Group
AG.
405
577,760
(a)
Ubisoft
Entertainment
12,153
790,719
Universal
Music
Group
NV
23,761
10,958
ValueCommerce
Co
Ltd
77
32,335
Vector,
Inc
251
4,280,800
VGI
PCL
196
1,477,600
(a)
Vimeo,
Inc
6,043
978,043
Vivendi
Universal
S.A.
10,659
3,590,598
Walt
Disney
Co
439,346
135,000
(a)
Wanda
Film
Holding
Co
Ltd
285
416,266
(a),(b)
Warner
Bros
Discovery,
Inc
3,634
34,801
Webzen,
Inc
427
59,600
Weibo
Corp
(ADR)
542
15,227
(a)
Wemade
Co
Ltd
685
35,607
WPP
plc
337
70,884
(a)
Wysiwyg
Studios
Co
Ltd
131
188,400
(a),(b)
XD,
Inc
384
167,650
(a)
Yelp,
Inc
6,605
10,159
YG
Entertainment,
Inc
347
80,594
YouGov
plc
1,017
97
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,144,000
Z
Holdings
Corp
$
5,431
690,711
ZEE
Telefilms
Ltd
1,154
130,000
Zengame
Technology
Holding
Ltd
59
19,150
Zenrin
Co
Ltd
108
486,013
(a)
Zhejiang
Century
Huatong
Group
Co
Ltd
320
114,200
(a),(b)
Zhihu,
Inc
155
219,859
(a)
Ziff
Davis,
Inc
13,860
556,900
ZIGExN
Co
Ltd
2,218
343,634
(a)
ZoomInfo
Technologies,
Inc
5,508
TOTAL
MEDIA
&
ENTERTAINMENT
7,116,590
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
6.7%
66,804
(a)
10X
Genomics,
Inc
2,507
1,266,500
(c)
3SBio,
Inc
969
33,648
Aarti
Drugs
Ltd
176
2,831,780
AbbVie,
Inc
515,667
26,827
(a)
Abivax
S.A.
388
28,409
(a)
ABLBio,
Inc
528
135,280
(a)
Acadia
Pharmaceuticals,
Inc
2,501
74,914
Adcock
Ingram
Holdings
Ltd
218
91,261
AddLife
AB
954
241,480
(a),(b)
Adicet
Bio,
Inc
567
266,000
Adimmune
Corp
220
3,388,270
(a)
ADMA
Biologics,
Inc
22,363
16,998
(a)
Aether
Industries
Ltd
159
40,361
Agilent
Technologies,
Inc
5,873
166,600
(a),(b)
AIM
Vaccine
Co
Ltd
173
39,343
Ajanta
Pharma
Ltd
1,054
212,000
(a),(b),(c)
Akeso,
Inc
1,265
39,863
Alembic
Pharmaceuticals
Ltd
472
105,096
(a)
ALK-Abello
A.S.
1,896
57,595
Almirall
S.A.
514
209,959
(a)
Alnylam
Pharmaceuticals,
Inc
31,378
328,000
(a),(b),(c)
Alphamab
Oncology
190
153,380
(a)
Alpine
Immune
Sciences,
Inc
6,080
28,978
(a)
Alteogen,
Inc
4,468
428,335
(a),(b)
Altimmune,
Inc
4,360
591,337
Amgen,
Inc
168,129
7,380
AMI
Organics
Ltd
97
1,650,510
(a)
Amneal
Pharmaceuticals,
Inc
10,002
75,840
(a)
ANI
Pharmaceuticals,
Inc
5,243
152,871
(a)
Anika
Therapeutics,
Inc
3,883
75,728
(a)
Apellis
Pharmaceuticals,
Inc
4,451
1,062,614
(a)
Ardelyx,
Inc
7,757
143,750
(a)
Argenx
SE
56,677
181,900
(a),(b),(c)
Ascentage
Pharma
Group
International
413
436,315
Aspen
Pharmacare
Holdings
Ltd
5,054
373,800
Astellas
Pharma,
Inc
4,016
5,453
AstraZeneca
Pharma
India
Ltd
348
1,989,178
AstraZeneca
plc
267,234
337,441
AstraZeneca
plc
(ADR)
22,862
94,490
(a)
Astria
Therapeutics,
Inc
1,330
6,562
Asymchem
Laboratories
Tianjin
Co
Ltd
81
849,831
(a),(b)
Aurinia
Pharmaceuticals,
Inc
4,258
114,496
Aurobindo
Pharma
Ltd
1,500
58,652
(a)
Avantor,
Inc
1,500
468,270
(a)
Avidity
Biosciences,
Inc
11,950
115,950
(a),(b)
Axsome
Therapeutics,
Inc
9,253
32,823
(b)
Bachem
Holding
AG.
3,143
9,123
(a),(b)
Basilea
Pharmaceutica
381
214,522
(a)
Bausch
Health
Cos,
Inc
2,273
60,415
(a)
Bavarian
Nordic
AS
1,353
CREF
Stock
Account
March
31,
2024
98
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
59,708
Bayer
AG.
$
1,829
291,800
(a)
BeiGene
Ltd
3,511
23,400
Beijing
Tiantan
Biological
Products
Corp
Ltd
83
205,000
(b)
Beijing
Tong
Ren
Tang
Chinese
Medicine
Co
Ltd
235
34,400
Beijing
Tongrentang
Co
Ltd
198
13,958
Beijing
Wantai
Biological
Pharmacy
Enterprise
Co
Ltd
134
30,598
(a),(b),(c)
BioArctic
AB
616
319,816
Biocon
Ltd
1,017
467,800
(a),(b)
BioCryst
Pharmaceuticals,
Inc
2,376
191,923
BioGaia
AB
2,239
19,719
(a)
Biogen,
Inc
4,252
66,706
(a)
Biohaven
Ltd
3,648
369,339
(a)
BioMarin
Pharmaceutical,
Inc
32,258
15,763
(a)
Bioneer
Corp
354
14,895
(a)
Bio-Rad
Laboratories,
Inc
(Class
A)
5,152
50,409
Biotage
AB
856
13,457
Bio-Techne
Corp
947
9,649
Bloomage
Biotechnology
Corp
Ltd
75
45,674
(a),(c)
BoneSupport
Holding
AB
973
46,564
Bora
Pharmaceuticals
Co
Ltd
940
22,082
Boryung
217
1,730,071
Bristol-Myers
Squibb
Co
93,822
41,281
(a)
Brooks
Automation,
Inc
2,488
54,055
Bruker
BioSciences
Corp
5,078
34,686
(a),(b)
Calliditas
Therapeutics
AB
367
22,697
(a)
Camurus
AB
1,076
70,200
(a),(b),(c)
CanSino
Biologics,
Inc
143
66,914
Caplin
Point
Laboratories
Ltd
1,058
13,770
Caregen
Co
Ltd
233
263,000
(a),(b),(c)
CARsgen
Therapeutics
Holdings
Ltd
203
330,501
(a)
Catalent,
Inc
18,657
28,469
(a),(d)
Cellivery
Therapeutics,
Inc
0
^
7,163
(a)
Celltrion
Pharm
Inc
552
130,220
Celltrion,
Inc
17,782
407,385
Center
Laboratories,
Inc
554
10,014
Changchun
High
&
New
Technology
Industry
Group,
Inc
168
23,892
(a)
Charles
River
Laboratories
International,
Inc
6,474
13,057
Chemometec
A.S.
804
564,660
China
Medical
System
Holdings
Ltd
593
701,500
(c)
China
Resources
Pharmaceutical
Group
Ltd
449
28,320
China
Resources
Sanjiu
Medical
&
Pharmaceutical
Co
Ltd
207
984,000
China
Shineway
Pharmaceutical
Group
Ltd
1,225
389
(a),(d)
Chinook
Therapeutics,
Inc
0
^
5,388
Chong
Kun
Dang
Pharmaceutical
Corp
455
23,400
(a)
Chongqing
Taiji
Industry
Group
Co
Ltd
110
56,970
Chongqing
Zhifei
Biological
Products
Co
Ltd
357
661,700
Chugai
Pharmaceutical
Co
Ltd
25,287
461,977
Cipla
Ltd
8,305
2,592,000
(b)
CK
Life
Sciences
International
Holdings,
Inc
111
31,807
(b)
Clinuvel
Pharmaceuticals
Ltd
298
428,714
(a)
Codexis,
Inc
1,496
11,079
(a)
Concord
Biotech
Ltd
203
288,000
Consun
Pharmaceutical
Group
Ltd
206
6,900
(b)
COSMO
Pharmaceuticals
NV
546
299,915
(a)
Crinetics
Pharmaceuticals,
Inc
14,039
189,422
(a),(b)
Cronos
Group,
Inc
496
393,322
CSL
Ltd
73,798
68,800
CSPC
Innovation
Pharmaceutical
Co
Ltd
355
6,726,054
CSPC
Pharmaceutical
Group
Ltd
5,294
83,219
(a)
CureVac
NV
257
162,495
(a)
Cytokinetics,
Inc
11,393
14,189
Daewoong
Co
Ltd
218
99
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
3,152
Daewoong
Pharmaceutical
Co
Ltd
$
286
4,511,700
Daiichi
Sankyo
Co
Ltd
143,557
1,295,706
Danaher
Corp
323,564
689,238
(a),(b)
Deciphera
Pharmaceuticals,
Inc
10,842
101,300
(a)
Denali
Therapeutics,
Inc
2,079
15,696
Dermapharm
Holding
SE
553
50,684
Divi's
Laboratories
Ltd
2,098
3,064
Dong-A
Socio
Holdings
Co
Ltd
268
5,323
Dong-A
ST
Co
Ltd
296
324,871
Dong-E-E-Jiao
Co
Ltd
2,734
13,689
DongKook
Pharmaceutical
Co
Ltd
174
176,360
Dr
Reddy's
Laboratories
Ltd
13,034
343,090
(a)
Dyne
Therapeutics,
Inc
9,740
117,680
(a)
Edgewise
Therapeutics,
Inc
2,146
139,000
(a)
EirGenix,
Inc
382
52,100
Eisai
Co
Ltd
2,146
2,660,272
(a)
Elanco
Animal
Health,
Inc
43,309
1,274,054
Eli
Lilly
&
Co
991,163
33,780
(a)
Enanta
Pharmaceuticals,
Inc
590
334,590
(a)
Erasca,
Inc
689
34,908
(a),(c)
Eris
Lifesciences
Ltd
354
40,550
(a),(b)
Euroapi
S.A.
122
66,978
(b)
Eurofins
Scientific
SE
4,267
44,501
Ever
Supreme
Bio
Technology
Co
Ltd
303
156,500
(a),(b),(c)
Everest
Medicines
Ltd
471
81,150
(a)
Evolus,
Inc
1,136
114,762
(a)
Evotec
SE
1,789
279,220
(a)
Exact
Sciences
Corp
19,283
1,308,426
(a)
Exelixis,
Inc
31,049
646,088
Faes
Farma
S.A.
(Sigma)
2,192
49,876
(a)
FDC
Ltd
254
7,284
(a)
Formycon
AG.
364
41,352
(a)
Fortrea
Holdings,
Inc
1,660
36,414
(a),(b)
Galapagos
NV
1,167
293,141
(a)
Galderma
Group
AG.
20,592
7,624
GC
Cell
Corp
236
30,227
GEN
Ilac
VE
Saglik
Urunleri
Sanayi
VE
Ticaret
AS.
63
2,150
(a)
Genmab
AS
645
681,800
(b)
Genomma
Lab
Internacional
SAB
de
C.V.
648
499,386
(a),(b)
Genscript
Biotech
Corp
927
54,707
Genus
plc
1,217
108,070
Gerresheimer
AG.
12,166
2,606,470
Gilead
Sciences,
Inc
190,924
24,974
(a),(c)
Gland
Pharma
Ltd
554
34,158
GlaxoSmithKline
Pharmaceuticals
Ltd
800
94,033
Glenmark
Life
Sciences
Ltd
876
120,282
Glenmark
Pharmaceuticals
Ltd
1,384
40,701
(a)
GNI
Group
Ltd
811
958,500
Grand
Pharmaceutical
Group
Ltd
504
105,799
Granules
India
Ltd
547
4,522
Green
Cross
Corp
420
15,822
Green
Cross
Holdings
Corp
204
917,942
(b)
Grifols
S.A.
8,257
10,883,070
GSK
plc
233,664
32,104
H
Lundbeck
A.S.
133
226,097
H
Lundbeck
A.S.
1,089
665,210
(a)
Halozyme
Therapeutics,
Inc
27,061
28,412
(a)
Hanall
Biopharma
Co
Ltd
804
7,521
Hangzhou
Tigermed
Consulting
Co
Ltd
-
A
54
13,082
Hanmi
Pharm
Co
Ltd
3,324
16,712
Hanmi
Science
Co
Ltd
551
485,839
(c)
Hansoh
Pharmaceutical
Group
Co
Ltd
962
CREF
Stock
Account
March
31,
2024
100
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
125,326
(a)
Harmony
Biosciences
Holdings,
Inc
$
4,208
33,360
(a),(b)
Harrow
Health,
Inc
441
320,590
(a),(b)
Heron
Therapeutics,
Inc
888
39,992
Hikal
Ltd
127
3,925
Hikma
Pharmaceuticals
plc
95
41,800
Hisamitsu
Pharmaceutical
Co,
Inc
1,083
10,878
HK
inno
N
Corp
307
2,548,684
(a),(b),(d)
Hua
Han
Health
Industry
Holdings
Ltd
3
27,720
Hualan
Biological
Engineering,
Inc
76
11,700
Hubei
Jumpcan
Pharmaceutical
Co
Ltd
59
5,023
(a)
Hugel,
Inc
720
28,154
Humanwell
Healthcare
Group
Co
Ltd
75
2,188,500
(a),(b)
HUTCHMED
China
Ltd
7,493
145,944
Hypera
S.A.
958
70,941
(a)
ICON
plc
23,833
69,500
(a)
Ideaya
Biosciences,
Inc
3,050
14,565
(a)
Il
Dong
Pharmaceutical
Co
Ltd
174
501,874
(a)
Illumina,
Inc
68,917
5,100
Imeik
Technology
Development
Co
Ltd
239
422,795
(a)
Immunovant,
Inc
13,661
86,815
(a)
Incyte
Corp
4,946
92,759
(a)
Indivior
plc
1,982
34,969
Indoco
Remedies
Ltd
138
446,000
(a),(b),(c)
InnoCare
Pharma
Ltd
265
863,073
(a),(c)
Innovent
Biologics,
Inc
4,164
119,920
(a)
Innoviva,
Inc
1,828
273,366
(a)
Intra-Cellular
Therapies,
Inc
18,917
125,165
(a)
Ionis
Pharmaceuticals,
Inc
5,426
658,380
(a)
Iovance
Biotherapeutics,
Inc
9,757
114,682
Ipca
Laboratories
Ltd
1,706
921
Ipsen
110
100,662
(a)
IQVIA
Holdings,
Inc
25,456
789,637
(a)
Ironwood
Pharmaceuticals,
Inc
6,878
310,700
(a)
iTeos
Therapeutics,
Inc
4,238
163,500
(a),(b),(c)
Jacobio
Pharmaceuticals
Group
Co
Ltd
34
16,608
Jamjoom
Pharmaceuticals
Factory
Co
595
74,500
(a)
Jazz
Pharmaceuticals
plc
8,971
56,382
JB
Chemicals
&
Pharmaceuticals
Ltd
1,116
51,844
(b)
JCR
Pharmaceuticals
Co
Ltd
294
164,411
Jiangsu
Hengrui
Pharmaceuticals
Co
Ltd
1,052
31,200
Jiangsu
Nhwa
Pharmaceutical
Co
Ltd
93
2,576,517
Johnson
&
Johnson
407,579
41,958
Joincare
Pharmaceutical
Group
Industry
Co
Ltd
63
55,100
(c)
Joinn
Laboratories
China
Co
Ltd
65
63,434
Jubilant
Pharmova
Ltd
435
11,683
JW
Pharmaceutical
Corp
288
22,179
Kaken
Pharmaceutical
Co
Ltd
501
8,003,406
Kalbe
Farma
Tbk
PT
745
4,044
(a)
Kangmei
Pharmaceutical
Co
Ltd
1
138,500
(a),(b),(c)
Keymed
Biosciences,
Inc
602
413,640
(a)
Kiniksa
Pharmaceuticals
Ltd
8,161
21,500
Kissei
Pharmaceutical
Co
Ltd
503
55,523
(a)
Knight
Therapeutics,
Inc
217
142,432
(a)
Krystal
Biotech,
Inc
25,343
32,281
Kyorin
Co
Ltd
388
55,800
Kyowa
Hakko
Kogyo
Co
Ltd
1,004
12,661
L&C
Bio
Co
Ltd
221
16,078
Laboratorios
Farmaceuticos
Rovi
S.A
1,403
289,294
(c)
Laurus
Labs
Ltd
1,363
30,977
(a)
Legend
Biotech
Corp
(ADR)
1,737
19,495
(a)
LegoChem
Biosciences,
Inc
1,072
469,000
(a),(b),(c)
Lepu
Biopharma
Co
Ltd
191
101
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
307,911
(a),(b)
Lexicon
Pharmaceuticals,
Inc
$
739
14,717
Livzon
Pharmaceutical
Group,
Inc
76
190,785
Lonza
Group
AG.
114,013
104,000
Lotus
Pharmaceutical
Co
Ltd
994
217,727
Lupin
Ltd
4,226
1,615,000
(a),(b),(c)
Luye
Pharma
Group
Ltd
564
22,512
(a),(b)
Madrigal
Pharmaceuticals,
Inc
6,012
1,309,720
(a)
MannKind
Corp
5,933
9,734
(a)
Maravai
LifeSciences
Holdings,
Inc
84
123,332
Marksans
Pharma
Ltd
225
178,466
(a)
Medigen
Vaccine
Biologics
Corp
291
38,868
(a)
Medpace
Holdings,
Inc
15,708
3,748
Medytox,
Inc
411
287,900
Mega
Lifesciences
PCL
327
4,931,499
Merck
&
Co,
Inc
650,711
79,209
Merck
KGaA
13,967
1,866
(a)
Mettler-Toledo
International,
Inc
2,484
18,065
(a)
Mezzion
Pharma
Co
Ltd
537
18,529
MGI
Tech
Co
Ltd
152
16,175
Mochida
Pharmaceutical
Co
Ltd
342
97,236
(a),(b)
Moderna,
Inc
10,361
115,000
(a),(b)
MoonLake
Immunotherapeutics
5,776
29,402
(a),(b)
Morphosys
AG.
2,135
113,090
(a)
Mural
Oncology
PLC
553
730,496
(a)
Myriad
Genetics,
Inc
15,574
33,133
Nanjing
King-Friend
Biochemical
Pharmaceutical
Co
Ltd
51
67,023
Natco
Pharma
Ltd
766
818,265
(a)
Natera,
Inc
74,839
47,368
(a)
Naturecell
Co
Ltd
347
5,645
Neuland
Laboratories
Ltd
428
85,378
(a)
Neuren
Pharmaceuticals
Ltd
1,180
107,850
(a)
Neurocrine
Biosciences,
Inc
14,875
43,500
Nippon
Shinyaku
Co
Ltd
1,292
153,910
(a),(b)
Nkarta,
Inc
1,664
55,518
(a),(d)
NKMax
Co
Ltd
83
2,644,733
Novartis
AG.
256,165
7,970,525
Novo
Nordisk
A.S.
1,022,406
680,187
Novo
Nordisk
A.S.
(ADR)
87,336
466,670
(a)
Nuvation
Bio,
Inc
1,699
120,669
(a)
Nykode
Therapeutics
ASA
167
99,452
(a)
OBI
Pharma,
Inc
195
253,500
(a),(b),(c)
Ocumension
Therapeutics
187
3,120
(a),(d)
OmniAb
Operations,
Inc
0
^
3,120
(a),(d)
OmniAb
Operations,
Inc
0
^
228,203
Oneness
Biotech
Co
Ltd
1,240
75,900
Ono
Pharmaceutical
Co
Ltd
1,244
119,593
Organon
&
Co
2,248
2,921
(b)
Orion
Oyj
(Class
B)
109
20,183
(a)
Oscotec,
Inc
422
447,100
Otsuka
Holdings
Co
Ltd
18,572
414,294
(a)
Oxford
Nanopore
Technologies
plc
635
285,823
(a)
Pacira
BioSciences,
Inc
8,352
81,300
(a),(b)
PeptiDream,
Inc
763
15,515
(a)
Peptron,
Inc
327
10,712
PerkinElmer,
Inc
1,125
154,244
Perrigo
Co
plc
4,965
3,624,729
Pfizer,
Inc
100,586
11,994
Pharma
Mar
S.A.
371
76,000
PharmaEngine,
Inc
236
99,000
(a)
PharmaEssentia
Corp
990
69,951
(a),(d)
Pharmally
International
Holding
Co
Ltd
0
^
5,216
PharmaResearch
Co
Ltd
385
CREF
Stock
Account
March
31,
2024
102
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
24,225
Pharmaron
Beijing
Co
Ltd
-
A
$
69
530,257
(a),(b)
Pharming
Group
NV
583
182,170
Phibro
Animal
Health
Corp
2,355
1,838,091
(a)
Piramal
Pharma
Ltd
2,846
251,000
(a)
Polaris
Group
565
12,923
(a),(b),(c)
PolyPeptide
Group
AG.
435
42,280
(a),(b)
Prime
Medicine,
Inc
296
15,958
Procter
&
Gamble
Health
Ltd
902
172,530
(a)
Protagonist
Therapeutics,
Inc
4,991
138,500
(a)
PTC
Therapeutics,
Inc
4,029
175,677
QIAGEN
NV
7,552
10,793
QIAGEN
NV
461
193,990
(a)
Quanterix
Corp
4,570
23,195
Recordati
S.p.A.
1,281
110,520
(a)
Regeneron
Pharmaceuticals,
Inc
106,374
269,993
(a)
Repligen
Corp
49,657
151,984
Richter
Gedeon
Rt
3,856
719,560
(a)
Rigel
Pharmaceuticals,
Inc
1,065
1,006
(b)
Roche
Holding
AG.
271
450,088
Roche
Holding
AG.
114,916
762,370
(a)
Roivant
Sciences
Ltd
8,035
276,912
Royalty
Pharma
plc
8,410
84,080
(a),(b)
Sagimet
Biosciences,
Inc
456
10,771
(a)
Sam
Chun
Dang
Pharm
Co
Ltd
1,099
18,883
(a),(c)
Samsung
Biologics
Co
Ltd
11,687
36,824
(a),(b)
SanBio
Co
Ltd
102
23,751
(a)
Sandoz
Group
AG.
717
864,431
Sanofi
(ADR)
42,011
20,003
Sanofi
India
Ltd
1,948
2,985,653
Sanofi-Aventis
290,458
275,600
Santen
Pharmaceutical
Co
Ltd
2,710
206,269
(a)
Sarepta
Therapeutics,
Inc
26,704
31,831
(a)
Sartorius
AG.
12,640
1,025
(a)
Sartorius
Stedim
Biotech
292
46,649
Saudi
Pharmaceutical
Industries
&
Medical
Appliances
Corp
465
29,517
Sawai
Group
Holdings
Co
Ltd
1,154
26,193
Schott
Pharma
AG.&
Co
KGaA
1,119
231,000
(c),(d)
SciClone
Pharmaceuticals
Holdings
Ltd
473
209,000
ScinoPharm
Taiwan
Ltd
181
28,787
Seegene,
Inc
527
172,000
Shandong
Xinhua
Pharmaceutical
Co
Ltd
118
51,688
Shanghai
Fosun
Pharmaceutical
Group
Co
Ltd
-
A
165
222,929
Shanghai
Fosun
Pharmaceutical
Group
Co
Ltd
-
H
365
526,700
Shanghai
Haixin
Group
Co
154
16,100
(c)
Shanghai
Haohai
Biological
Technology
Co
Ltd
82
13,039
(a)
Shanghai
Junshi
Biosciences
Co
Ltd
49
182,737
Shanghai
RAAS
Blood
Products
Co
Ltd
178
16,168
Shenzhen
Kangtai
Biological
Products
Co
Ltd
49
24,525
Shenzhen
Salubris
Pharmaceuticals
Co
Ltd
98
38,307
Shijiazhuang
Yiling
Pharmaceutical
Co
Ltd
107
17,800
(b)
Shin
Nippon
Biomedical
Laboratories
Ltd
181
29,390
(a)
Shin
Poong
Pharmaceutical
Co
Ltd
345
279,300
Shionogi
&
Co
Ltd
14,273
359,998
Sichuan
Kelun
Pharmaceutical
Co
Ltd
1,507
12,900
(a),(b)
Sichuan
Kelun-Biotech
Biopharmaceutical
Co
Ltd
256
4,854
(b)
Siegfried
Holding
AG.
4,956
3,616,000
Sihuan
Pharmaceutical
Holdings
Group
Ltd
245
54,297
(a)
SillaJen,
Inc
208
546,000
(a),(c)
Simcere
Pharmaceutical
Group
Ltd
371
4,365,236
Sino
Biopharmaceutical
Ltd
1,688
12,229
(a)
SK
Biopharmaceuticals
Co
Ltd
840
11,211
(a)
SK
Bioscience
Co
Ltd
514
103
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
8,455
SKAN
Group
AG.
$
798
65,629
(a),(b),(d)
Sorrento
Therapeutics,
Inc
97
55,808
(a)
Sosei
Group
Corp
598
10,720
(a)
Sotera
Health
Co
129
1,112,000
SSY
Group
Ltd
734
8,214
ST
Pharm
Co
Ltd
551
56,480
(a),(b)
Stoke
Therapeutics,
Inc
762
44,598
Strides
Pharma
Science
Ltd
420
144,000
Sumitomo
Dainippon
Pharma
Co
Ltd
377
60,594
(a)
Sun
Pharma
Advanced
Research
Co
Ltd
268
1,150,086
Sun
Pharmaceutical
Industries
Ltd
22,390
121,900
(a)
Sutro
Biopharma,
Inc
689
87,992
(a)
Suven
Pharmaceuticals
Ltd
714
53,563
(b)
SwedenCare
AB
320
190,611
(a)
Swedish
Orphan
Biovitrum
AB
4,758
145,680
(c)
Syngene
International
Ltd
1,230
265,841
Synmosa
Biopharma
Corp
329
374,000
(a)
Taigen
Biopharmaceuticals
Holdings
Ltd
181
159,484
(a)
TaiMed
Biologics,
Inc
441
13,700
Taisho
Pharmaceutical
Holdings
Co
Ltd
777
36,533
Takara
Bio,
Inc
235
1,911,100
Takeda
Pharmaceutical
Co
Ltd
53,155
24,179
(a)
Taro
Pharmaceutical
Industries
Ltd
1,024
10,307
(b)
Tecan
Group
AG.
4,270
196,709
(a)
Telix
Pharmaceuticals
Ltd
1,651
118,990
(a),(b)
Tenaya
Therapeutics,
Inc
622
956,856
(a)
Teva
Pharmaceutical
Industries
Ltd
(ADR)
13,501
611,110
(a),(b)
TG
Therapeutics,
Inc
9,295
333,224
Thermo
Fisher
Scientific,
Inc
193,673
521,000
Tong
Ren
Tang
Technologies
Co
Ltd
325
59,665
Torii
Pharmaceutical
Co
Ltd
1,624
189,839
Torrent
Pharmaceuticals
Ltd
5,925
21,413
Towa
Pharmaceutical
Co
Ltd
415
48,300
Tsumura
&
Co
1,202
131,000
TTY
Biopharm
Co
Ltd
321
649,917
UCB
S.A.
80,230
59,605
(a)
Ultragenyx
Pharmaceutical,
Inc
2,783
745,562
United
Laboratories
Ltd
854
181,747
(a)
United
Therapeutics
Corp
41,751
83,447
(a),(b)
Valneva
SE
327
147,900
(a)
Vanda
Pharmaceuticals,
Inc
608
17,611
(a)
Vaxcell-Bio
Therapeutics
Co
Ltd
269
397,510
(a)
Veracyte,
Inc
8,809
129,777
(a)
Vericel
Corp
6,751
204,412
(a)
Vertex
Pharmaceuticals,
Inc
85,446
562,556
Viatris,
Inc
6,717
130,203
(a)
Viking
Therapeutics,
Inc
10,677
3,312
(b)
Virbac
S.A.
1,238
599,370
(a)
Viridian
Therapeutics,
Inc
10,495
61,884
(b)
Vitrolife
AB
1,162
7,650
(a)
Voronoi,
Inc
204
32,728
Walvax
Biotechnology
Co
Ltd
70
5,123
(a)
Waters
Corp
1,763
141,775
West
Pharmaceutical
Services,
Inc
56,102
2,280,000
Winteam
Pharmaceutical
Group
Ltd
1,247
49,033
(a)
Wockhardt
Ltd
345
65,458
WuXi
AppTec
Co
Ltd
-
A
427
724,437
(c)
WuXi
AppTec
Co
Ltd
-
H
3,442
4,052,500
(a),(c)
Wuxi
Biologics
Cayman,
Inc
7,413
1,165,530
(a),(b)
Xeris
Biopharma
Holdings,
Inc
2,576
234,400
(a),(b),(c)
YiChang
HEC
ChangJiang
Pharmaceutical
Co
Ltd
326
123,990
(a),(b)
Y-mAbs
Therapeutics,
Inc
2,016
CREF
Stock
Account
March
31,
2024
104
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
78,236
Yuhan
Corp
$
4,498
127,000
YungShin
Global
Holding
Corp
191
54,107
Yunnan
Baiyao
Group
Co
Ltd
378
794,600
(a),(b)
Zai
Lab
Ltd
1,290
503,159
(a)
Zealand
Pharma
AS
49,838
12,500
ZERIA
Pharmaceutical
Co
Ltd
175
15,501
Zhangzhou
Pientzehuang
Pharmaceutical
Co
Ltd
495
30,058
Zhejiang
Huahai
Pharmaceutical
Co
Ltd
54
89,099
Zhejiang
NHU
Co
Ltd
206
1,131,662
Zoetis,
Inc
191,489
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
8,464,847
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.4%
9,287
(c)
Aedas
Homes
SAU
174
75,800
Aeon
Mall
Co
Ltd
894
1
(a)
AFI
Properties
Ltd
0
^
5,654
Africa
Israel
Residences
Ltd
378
1,412,000
(b)
Agile
Property
Holdings
Ltd
114
52,422
(a)
Airport
City
Ltd
840
28,636
Alandalus
Property
Co
212
3,267,439
Aldar
Properties
PJSC
4,911
320,941
Aliansce
Sonae
Shopping
Centers
sa
1,531
695,250
(b),(c)
A-Living
Smart
City
Services
Co
Ltd
273
12,174
(b)
Allreal
Holding
AG.
2,091
127,170
Alony
Hetz
Properties
&
Investments
Ltd
933
66,011
(b)
Altus
Group
Ltd
2,528
634,500
Amata
Corp
PCL
411
193,353
Amot
Investments
Ltd
915
39,272
Anant
Raj
Industries
Ltd
147
9,173,700
AP
Thailand
PCL
2,740
815,089
(b)
Aroundtown
S.A.
1,718
69,199
Arriyadh
Development
Co
443
43,011
(b)
Atrium
Ljungberg
AB
841
100,807
Aura
Investments
Ltd
425
5,794,508
Ayala
Land,
Inc
3,330
1,307
Azrieli
Group
Ltd
94
10,549,900
Bangkok
Land
PCL
197
1,748,301
Barwa
Real
Estate
Co
1,326
9,792
(a)
Big
Shopping
Centers
Ltd
1,085
5,522
Blue
Square
Real
Estate
Ltd
381
94,276
Brigade
Enterprises
Ltd
1,062
4,940,100
(a)
Bumi
Serpong
Damai
Tbk
PT
307
633,000
C&D
International
Investment
Group
Ltd
1,106
466,000
(b)
C&D
Property
Management
Group
Co
Ltd
194
34,114
CA
Immobilien
Anlagen
AG.
1,203
942,198
Capitaland
India
Trust
733
2,402,744
Capitaland
Investment
Ltd
4,768
310,041
Castellum
AB
4,078
26,400
(b)
Catena
AB
1,290
490,000
Cathay
Real
Estate
Development
Co
Ltd
325
285,927
(a)
CBRE
Group,
Inc
27,804
1,704,782
Central
Pattana
PCL
2,944
3,182,000
China
Jinmao
Holdings
Group
Ltd
228
445,227
China
Merchants
Shekou
Industrial
Zone
Holdings
Co
Ltd
595
1,134,000
China
Overseas
Grand
Oceans
Group
Ltd
253
3,226,286
China
Overseas
Land
&
Investment
Ltd
4,656
365,119
China
Overseas
Property
Holdings
Ltd
202
2,855,602
China
Resources
Land
Ltd
9,059
635,400
(c)
China
Resources
Mixc
Lifestyle
Services
Ltd
2,013
2,196,438
(b)
China
Vanke
Co
Ltd
1,524
551,219
China
Vanke
Co
Ltd
(Class
A)
705
105,000
Chong
Hong
Construction
Co
Ltd
288
105
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
41,625
(b)
Cibus
Nordic
Real
Estate
AB
$
546
8,098,100
Ciputra
Development
Tbk
PT
664
2,477,207
(b)
City
Developments
Ltd
10,731
60,714
(b)
Citycon
Oyj
251
1,638,817
CK
Asset
Holdings
Ltd
6,753
32,587
(b)
Colliers
International
Group,
Inc
3,983
1,385,515
Commercial
Real
Estate
Co
KSC
572
730,000
(a)
Compass,
Inc
2,628
516,627
(b)
Corem
Property
Group
AB
526
653,800
(b)
Corp
Inmobiliaria
Vesta
SAB
de
C.V.
2,560
11,042,898
(b),(d)
Country
Garden
Holdings
Co
Ltd
513
1,978,400
(b)
Country
Garden
Services
Holdings
Co
Ltd
1,270
61,435
(a)
D
B
Realty
Ltd
145
52,914
Daito
Trust
Construction
Co
Ltd
6,037
495,700
Daiwa
House
Industry
Co
Ltd
14,755
212,232
(a)
Dar
Al
Arkan
Real
Estate
Development
Co
782
310,000
(a)
Delpha
Construction
Co
Ltd
434
922,284
(a)
Deyaar
Development
PJSC
203
717,860
DigitalBridge
Group,
Inc
13,833
64,204
(b)
Dios
Fastigheter
AB
517
661,590
DLF
Ltd
7,138
520,770
Douglas
Elliman,
Inc
823
19,424
(b)
DREAM
Unlimited
Corp
278
164,000
Eco
World
Development
Group
BHD
53
17,877
Electra
Real
Estate
Ltd
191
308,269
(a)
Emaar
Economic
City
682
5,718,909
Emaar
Properties
PJSC
12,692
54,443
(c)
Entra
ASA
563
1,452,300
(c)
ESR
Group
Ltd
1,556
159,500
(b)
eXp
World
Holdings,
Inc
1,648
190,625
(b)
Fabege
AB
1,782
173,000
Farglory
Land
Development
Co
Ltd
312
774,709
(a)
Fastighets
AB
Balder
5,691
34,693
FirstService
Corp
5,744
322,890
(a)
Forestar
Group,
Inc
12,977
1,069,747
(a)
Fortress
REIT
Ltd
886
64,827
Gazit
Globe
Ltd
201
6,236,000
(b)
Gemdale
Properties
&
Investment
Corp
Ltd
197
102,517
(a)
Godrej
Properties
Ltd
2,834
7,880
Goldcrest
Co
Ltd
132
547,680
Grainger
plc
1,782
66,306
Grand
City
Properties
S.A.
758
438,800
Greenland
Holdings
Corp
Ltd
118
867,500
Greentown
China
Holdings
Ltd
693
1,186,000
Greentown
Service
Group
Co
Ltd
454
1,609,600
(b)
Guangzhou
R&F
Properties
Co
Ltd
179
577,100
(a)
Hainan
Airport
Infrastructure
Co
Ltd
279
5,953,318
Hang
Lung
Properties
Ltd
6,122
94,800
Hangzhou
Binjiang
Real
Estate
Group
Co
Ltd
88
16,315,400
(a),(d)
Hanson
International
Tbk
PT
0
^
24,822
(b)
Heiwa
Real
Estate
Co
Ltd
651
368,201
(a)
Heliopolis
Housing
75
58,008
(a)
Hemisphere
Properties
India
Ltd
139
1,314,899
Henderson
Land
Development
Co
Ltd
3,755
982,271
Highwealth
Construction
Corp
1,243
280,100
Hong
Fok
Corp
Ltd
172
1,093,345
Hongkong
Land
Holdings
Ltd
3,357
1,015,477
Hopson
Development
Holdings
Ltd
461
25,061
(a)
Howard
Hughes
Holdings,
Inc
1,820
178,000
Huaku
Development
Co
Ltd
698
88,186
Hufvudstaden
AB
(Series
A)
1,071
926,000
Hulic
Co
Ltd
9,510
CREF
Stock
Account
March
31,
2024
106
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
461,696
Hysan
Development
Co
Ltd
$
745
181,125
Ichigo
Holdings
Co
Ltd
523
185,500
Iguatemi
S.A.
862
23,975
(a)
IMMOFINANZ
AG.
584
341,590
(a)
Indiabulls
Real
Estate
Ltd
477
847
Intershop
Holding
AG.
609
1,332,500
IOI
Properties
Group
Bhd
634
128,855
(a)
Israel
Canada
T.R
Ltd
513
2,896
(a)
Isras
Holdings
Ltd
247
1,424
Isras
Investment
Co
Ltd
288
68,112
I-Sunny
Construction
&
Development
Co
Ltd
199
608,839
(a)
IWG
plc
1,482
290,300
JHSF
Participacoes
S.A.
282
1,596,750
(a),(d)
Jiangsu
Future
Land
Co
Ltd
16
164,500
Jinke
Smart
Services
Group
Co
Ltd
187
26,377
(a)
Jones
Lang
LaSalle,
Inc
5,146
41,152
(b)
Katitas
Co
Ltd
536
278,711
KE
Holdings,
Inc
(ADR)
3,827
20,900
Keihanshin
Building
Co
Ltd
213
453,000
Kerry
Properties
Ltd
830
269,000
Kindom
Development
Co
Ltd
345
95,065
Kojamo
Oyj
1,127
587,761
Kuwait
Real
Estate
Co
KSC
430
45,169
(a)
Lamda
Development
S.A.
329
6,288,377
Land
and
Houses
PCL
1,268
7,158
LEG
Immobilien
SE
615
494,582
Lend
Lease
Corp
Ltd
2,072
135,443
(b)
Leopalace21
Corp
456
67,674
(b)
Lifestyle
Communities
Ltd
691
35,003,300
(a)
Lippo
Karawaci
Tbk
PT
150
41,100
LOG
Commercial
Properties
e
Participacoes
S.A.
187
1,765,093
(b),(c)
Longfor
Group
Holdings
Ltd
2,504
614,056
Mabanee
Co
SAK
1,579
210,939
(c)
Macrotech
Developers
Ltd
2,883
63,301
Mahindra
Lifespace
Developers
Ltd
446
35,779
(a),(b),(d)
Mapeley
Ltd
0
^
790,500
Matrix
Concepts
Holdings
Bhd
301
833,100
MBK
PCL
404
17,336
Mega
Or
Holdings
Ltd
463
8,221,000
Megaworld
Corp
281
20,530
Melisron
Ltd
1,518
222,800
(c)
Midea
Real
Estate
Holding
Ltd
113
1,062,218
Mitsubishi
Estate
Co
Ltd
19,381
2,265,099
Mitsui
Fudosan
Co
Ltd
24,421
505,890
Mivne
Real
Estate
KD
Ltd
1,248
5,815
(b)
Mobimo
Holding
AG.
1,670
2,178
Morguard
Corp
190
215,300
Multiplan
Empreendimentos
Imobiliarios
S.A.
1,099
1,119,155
(a)
National
Real
Estate
Co
KPSC
353
485,080
(b)
NEPI
Rockcastle
NV
3,350
21,640
NESCO
Ltd
216
1,067,000
(b)
New
World
Development
Co
Ltd
1,128
32,731
(b)
Nexity
335
92,400
Nomura
Real
Estate
Holdings,
Inc
2,610
18,947
NP3
Fastigheter
AB
391
108,480
Nyfosa
AB
1,070
297,650
(a)
Opendoor
Technologies,
Inc
902
735,700
Origin
Property
PCL
141
12,089,800
Pakuwon
Jati
Tbk
PT
323
75,722
(b)
Pandox
AB
1,271
455,296
Parque
Arauco
S.A.
672
30,375
Patrizia
Immobilien
AG.
282
107
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
99,438
(a)
PEXA
Group
Ltd
$
878
80,558
Phoenix
Mills
Ltd
2,688
50,802
Platzer
Fastigheter
Holding
AB
437
346,146
(a)
Plaza
S.A.
475
659,462
Poly
Developments
and
Holdings
Group
Co
Ltd
854
102,200
Poly
Property
Development
Co
Ltd
348
1,773,000
Poly
Property
Group
Co
Ltd
322
4,327
Prashkovsky
Investments
and
Construction
Ltd
110
1,075,000
Prince
Housing
&
Development
Corp
354
789,100
Pruksa
Holding
PCL
251
39,356
PSP
Swiss
Property
AG.
5,159
3,907,900
Quality
Houses
PCL
236
733,000
(b)
Radiance
Holdings
Group
Co
Ltd
185
546,617
RAK
Properties
PJSC
195
5,600
Raysum
Co
Ltd
127
1,040,000
(a),(b),(c),(d)
Redco
Properties
Group
Ltd
88
300,000
(a),(b)
Redfin
Corp
1,995
86,228
Relo
Group,
Inc
702
128,586
Retal
Urban
Development
Co
329
178,680
RMR
Group,
Inc
4,288
1,523,900
Robinsons
Land
Corp
453
1,234,755
Ruentex
Development
Co
Ltd
1,352
201,510
Sagax
AB
5,316
156,245
Sakura
Development
Co
Ltd
351
325,291
Salhia
Real
Estate
Co
KSCP
496
22,030
SAMTY
Co
Ltd
402
11,623,600
Sansiri
PCL
542
94,473
(a)
Saudi
Real
Estate
Co
523
770,491
Savills
plc
10,367
1,272,000
SC
Asset
Corp
PCL
130
1,898,000
(b)
Seazen
Group
Ltd
255
90,523
Seazen
Holdings
Co
Ltd
123
293,192
Shanghai
Jinqiao
Export
Processing
Zone
Development
Co
Ltd
271
52,137
Shanghai
Lingang
Holdings
Corp
Ltd
71
84,300
Shanghai
Zhangjiang
High-Tech
Park
Development
Co
Ltd
234
2,584,000
Shenzhen
Investment
Ltd
337
463,572
Shenzhen
Overseas
Chinese
Town
Co
Ltd
176
1,874,000
(b)
Shoucheng
Holdings
Ltd
345
3,562,500
Shui
On
Land
Ltd
305
2,618,600
Sime
Darby
Property
Bhd
509
3,217,322
Sino
Land
Co
3,345
236,000
Sinyi
Realty,
Inc
226
1,014,218
Sirius
Real
Estate
Ltd
1,254
2,472
(d)
SK
D&D
Co
Ltd
45
8,729,788
SM
Prime
Holdings
5,078
31,999
Sobha
Ltd
557
2,009,500
(a)
Soho
China
Ltd
165
1,318,200
SP
Setia
BHD
396
6,900
(a),(b)
SRE
Holdings
Corp
193
21,600
Starts
Corp,
Inc
449
755,682
(b)
StorageVault
Canada,
Inc
2,879
239,305
Sumitomo
Realty
&
Development
Co
Ltd
8,916
8,935,800
Summarecon
Agung
Tbk
PT
299
30,868
Summit
Real
Estate
Holdings
Ltd
391
15,347
Sumou
Real
Estate
Co
257
18,780
Sun
Frontier
Fudousan
Co
Ltd
232
1,308,908
Sun
Hung
Kai
Properties
Ltd
12,644
1,022,000
(c)
Sunac
Services
Holdings
Ltd
243
58,429
Sunteck
Realty
Ltd
274
1,044,600
Supalai
PCL
605
363,424
Swire
Pacific
Ltd
(Class
A)
2,992
985,126
Swire
Properties
Ltd
2,072
CREF
Stock
Account
March
31,
2024
108
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
78,449
Swiss
Prime
Site
AG.
$
7,400
136,324
TAG
Tegernsee
Immobilien
und
Beteiligungs
AG.
1,863
743,740
Talaat
Moustafa
Group
918
54,201
(a)
TARC
Ltd
91
14,271
(a),(b)
TKP
Corp
165
236,493
Tokyo
Tatemono
Co
Ltd
3,995
497,700
Tokyu
Fudosan
Holdings
Corp
4,021
20,443
Tosei
Corp
324
210,229
(b)
Tricon
Residential,
Inc
2,344
735,600
UEM
Sunrise
Bhd
188
1,414,986
(a)
United
Development
Co
QSC
439
250,400
UOL
Group
Ltd
1,066
10,406
VGP
NV
1,191
3,254
VIB
Vermoegen
AG.
39
348,773
Vonovia
SE
10,307
294,053
(b)
Wallenstam
AB
1,437
6,704,900
WHA
Corp
PCL
883
859,000
Wharf
Holdings
Ltd
2,824
1,487,756
Wharf
Real
Estate
Investment
Co
Ltd
4,844
218,840
Wihlborgs
Fastigheter
AB
2,028
580,642
Yanlord
Land
Group
Ltd
209
6,217
YH
Dimri
Construction
&
Development
Ltd
489
155,400
Youngor
Group
Co
Ltd
150
1,619,652
Yuexiu
Property
Co
Ltd
894
455,000
Yuexiu
Services
Group
Ltd
171
137,065
(a)
Zillow
Group,
Inc
(Class
A)
6,560
115,569
(a)
Zillow
Group,
Inc
(Class
C)
5,637
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
495,760
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
8.8%
8,700
(a),(b)
Abalance
Corp
150
13,174
ACM
Research
Shanghai,
Inc
154
415,980
(a)
ACM
Research,
Inc
12,122
217,080
ADATA
Technology
Co
Ltd
671
1,457,270
(a)
Advanced
Micro
Devices,
Inc
263,023
32,025
Advanced
Micro-Fabrication
Equipment,
Inc
China
662
115,000
Advanced
Wireless
Semiconductor
Co
514
1,018,000
Advantest
Corp
45,222
17,385
(a),(b)
Aehr
Test
Systems
216
204,100
(b)
AEM
Holdings
Ltd
331
22,000
Airoha
Technology
Corp
420
540,844
Aixtron
AG.
14,280
188,000
Alchip
Technologies
Ltd
18,604
61,073
Alfa
Solar
Enerji
Sanayi
VE
Ticaret
AS.
168
191,571
(a)
Allegro
MicroSystems,
Inc
5,165
228,186
(a)
Alphawave
IP
Group
plc
504
69,613
Amazing
Microelectronic
Corp
225
167,244
Amkor
Technology,
Inc
5,392
17,327
Amlogic
Shanghai
Co
Ltd
116
812,698
(a)
ams-OSRAM
AG.
941
400,765
Analog
Devices,
Inc
79,267
32,000
Andes
Technology
Corp
425
77,000
AP
Memory
Technology
Corp
933
2,247,338
Applied
Materials,
Inc
463,469
2,833,000
Ardentec
Corp
7,290
137,733
(a),(b)
ARM
Holdings
plc
(ADR)
17,215
2,684,925
ASE
Technology
Holding
Co
Ltd
13,033
46,413
ASM
International
NV
28,423
251,400
ASM
Pacific
Technology
3,162
114,000
ASMedia
Technology,
Inc
8,222
775,655
ASML
Holding
NV
751,967
24,000
ASPEED
Technology,
Inc
2,501
109
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
15,774
(a)
ASR
Microelectronics
Co
Ltd
$
87
20,570
(a),(b)
Astera
Labs,
Inc
1,526
95,300
(a)
Axcelis
Technologies,
Inc
10,628
75,989
BE
Semiconductor
Industries
NV
11,640
45,231
(a)
Borosil
Renewables
Ltd
271
1,133,485
Broadcom,
Inc
1,502,332
23,809
(a)
Cambricon
Technologies
Corp
Ltd
588
22,886
(a)
Camtek
Ltd
1,902
359,500
Chang
Wah
Technology
Co
Ltd
383
11,538
(a),(d)
China
Energy
Savings
Technology,
Inc
0
^
60,456
China
Resources
Microelectronics
Ltd
329
479,000
Chipbond
Technology
Corp
1,166
3,798,000
ChipMOS
Technologies,
Inc
6,054
65,624
(a)
Cirrus
Logic,
Inc
6,074
875,320
(a)
Credo
Technology
Group
Holding
Ltd
18,548
429,500
D&O
Green
Technologies
Bhd
284
33,600
(a)
Daqo
New
Energy
Corp
(ADR)
946
84,523
DB
HiTek
Co
Ltd
2,757
167,500
Disco
Corp
61,227
56,287
(a)
Doosan
Tesna,
Inc
2,109
10,272
(a)
Duk
San
Neolux
Co
Ltd
290
230,000
Elan
Microelectronics
Corp
1,153
223,000
Elite
Semiconductor
Microelectronics
Technology,
Inc
610
5,084
Elmos
Semiconductor
SE
405
55,000
eMemory
Technology,
Inc
4,130
514,000
(a)
Ennostar,
Inc
621
99,501
(a)
Enphase
Energy,
Inc
12,038
111,491
Entegris,
Inc
15,669
7,188
Eo
Technics
Co
Ltd
1,026
194,595
Episil
Technologies,
Inc
369
37,860
Episil-Precision,
Inc
70
203,967
Etron
Technology,
Inc
325
12,098
Eugene
Technology
Co
Ltd
383
272,000
Everlight
Electronics
Co
Ltd
455
7,228
(a)
Fadu,
Inc
90
185,913
Faraday
Technology
Corp
1,944
34,333
(b)
Ferrotec
Holdings
Corp
668
79,543
(a)
First
Solar,
Inc
13,427
69,550
Fitipower
Integrated
Technology,
Inc
587
83,700
Flat
Glass
Group
Co
Ltd
334
395,000
(b)
Flat
Glass
Group
Co
Ltd
961
159,000
FocalTech
Systems
Co
Ltd
470
56,184
(a)
Formfactor,
Inc
2,564
762,000
Formosa
Advanced
Technologies
Co
Ltd
864
62,200
Formosa
Sumco
Technology
Corp
320
686,000
Foxsemicon
Integrated
Technology,
Inc
6,420
64,328
GalaxyCore,
Inc
149
3,884
(a)
Gaonchips
Co
Ltd
355
8,573,000
GCL
Technology
Holdings
Ltd
1,405
22,612
(a)
GemVax
&
Kael
Co
Ltd
197
35,306
GigaDevice
Semiconductor,
Inc
356
2,024
GigaVis
Co
Ltd
105
46,000
Global
Mixed
Mode
Technology,
Inc
384
81,000
Global
Unichip
Corp
3,087
58,413
(a),(b)
GLOBALFOUNDRIES,
Inc
3,044
234,988
Globalwafers
Co
Ltd
4,080
12,000
Grand
Plastic
Technology
Corp
320
1,050,900
(a)
Greatech
Technology
Bhd
1,045
1,544,000
Greatek
Electronics,
Inc
3,006
52,457
Gudeng
Precision
Industrial
Co
Ltd
710
10,231
HAESUNG
DS
Co
Ltd
388
6,608
Hana
Materials,
Inc
260
CREF
Stock
Account
March
31,
2024
110
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
29,820
Hana
Micron,
Inc
$
641
26,600
Hangzhou
Chang
Chuan
Technology
Co
Ltd
116
69,900
Hangzhou
First
Applied
Material
Co
Ltd
273
68,644
Hangzhou
Silan
Microelectronics
Co
Ltd
186
38,416
Hanmi
Semiconductor
Co
Ltd
3,823
127,000
Holtek
Semiconductor,
Inc
214
31,985
HPSP
Co
Ltd
1,271
560,531
(a),(b),(c)
Hua
Hong
Semiconductor
Ltd
1,094
7,892
Hwatsing
Technology
Co
Ltd
192
101,562
Hygon
Information
Technology
Co
Ltd
1,080
973,466
Hynix
Semiconductor,
Inc
128,960
450,054
(a)
Ichor
Holdings
Ltd
17,381
2,168,400
Inari
Amertron
Bhd
1,450
3,944,405
Infineon
Technologies
AG.
134,132
17,756
Ingenic
Semiconductor
Co
Ltd
150
12,942
Innox
Advanced
Materials
Co
Ltd
282
7,623,741
Intel
Corp
336,741
90,386
ISC
Co
Ltd
6,684
436,000
ITE
Technology,
Inc
2,405
178,817
JA
Solar
Technology
Co
Ltd
430
50,713
Japan
Material
Co
Ltd
811
22,155
(a)
Jeju
Semiconductor
Corp
471
68,097
Jentech
Precision
Industrial
Co
Ltd
1,921
19,800
Jiangsu
Pacific
Quartz
Co
Ltd
249
362,594
Jinko
Solar
Co
Ltd
414
32,900
(b)
JinkoSolar
Holding
Co
Ltd
(ADR)
829
26,621
Jusung
Engineering
Co
Ltd
736
3,501,000
King
Yuan
Electronics
Co
Ltd
11,602
244,000
Kinsus
Interconnect
Technology
Corp
755
50,666
KLA
Corp
35,394
39,830
Koh
Young
Technology,
Inc
577
77,385
KoMiCo
Ltd
4,263
471,471
Lam
Research
Corp
458,067
65,000
LandMark
Optoelectronics
Corp
271
51,700
Lasertec
Corp
14,736
119,231
(a)
Lattice
Semiconductor
Corp
9,327
42,080
LEENO
Industrial,
Inc
8,081
421,068
LONGi
Green
Energy
Technology
Co
Ltd
1,143
9,771
LX
Semicon
Co
Ltd
582
15,700
M31
Technology
Corp
631
1
(a)
MACOM
Technology
Solutions
Holdings,
Inc
0
^
1,528,000
Macronix
International
1,273
67,800
Malaysian
Pacific
Industries
Bhd
435
62,000
Marketech
International
Corp
316
620,121
Marvell
Technology,
Inc
43,954
2,903,520
MediaTek,
Inc
105,207
10,689
(a),(b)
Megachips
Corp
273
16,131
Melexis
NV
1,306
196,898
(b)
Microchip
Technology,
Inc
17,664
2,149,689
Micron
Technology,
Inc
253,427
131,600
Micronics
Japan
Co
Ltd
7,223
167,891
Mimasu
Semiconductor
Industry
Co
Ltd
3,414
16,606
Mitsui
High-Tec,
Inc
943
24,622
MKS
Instruments,
Inc
3,275
17,059
Monolithic
Power
Systems,
Inc
11,556
62,605
Montage
Technology
Co
Ltd
402
59,000
MPI
Corp
562
1,087,075
Nanya
Technology
Corp
2,296
68,815
(a)
National
Silicon
Industry
Group
Co
Ltd
127
28,114
NAURA
Technology
Group
Co
Ltd
1,193
5,995
NEXTIN,
Inc
311
133,062
(a)
Nordic
Semiconductor
ASA
1,059
111
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
73,820
(a)
Nova
Measuring
Instruments
Ltd
$
13,049
500,758
Novatek
Microelectronics
Corp
Ltd
9,219
177,000
Nuvoton
Technology
Corp
686
3,845,048
Nvidia
Corp
3,474,232
202,672
NXP
Semiconductors
NV
50,216
158,834
(a)
ON
Semiconductor
Corp
11,682
132,187
(a)
Onto
Innovation,
Inc
23,936
277,452
Optorun
Co
Ltd
3,778
301,000
Orient
Semiconductor
Electronics
Ltd
616
240,000
Pan
Jit
International,
Inc
431
64,000
Parade
Technologies
Ltd
1,842
158,230
(a)
PDF
Solutions,
Inc
5,328
130,000
Phison
Electronics
Corp
2,804
459,290
(a)
Photronics,
Inc
13,007
10,081
Piotech,
Inc
261
101,000
Pixart
Imaging,
Inc
486
2,412,000
Powerchip
Semiconductor
Manufacturing
Corp
1,952
647,000
Powertech
Technology,
Inc
4,061
2,592
Protec
Co
Ltd
99
16,595
PSK,
Inc
353
14,369
(a)
PVA
TePla
AG.
291
35,900
(a)
Qorvo,
Inc
4,122
578,494
QUALCOMM,
Inc
97,939
350,000
Radiant
Opto-Electronics
Corp
1,885
339,989
(a)
Rambus,
Inc
21,015
45,000
Raydium
Semiconductor
Corp
665
420,261
Realtek
Semiconductor
Corp
7,319
229,382
(a)
REC
Silicon
ASA
227
3,121,300
Renesas
Electronics
Corp
55,624
61,311
RichWave
Technology
Corp
392
66,000
Risen
Energy
Co
Ltd
134
14,000
Rockchip
Electronics
Co
Ltd
95
1,190,700
Rohm
Co
Ltd
19,097
8,207
Rorze
Corp
1,159
14,400
RS
Technologies
Co
Ltd
289
13,825
S&S
Tech
Corp
463
268,500
Sanan
Optoelectronics
Co
Ltd
452
17,613
(b)
Sanken
Electric
Co
Ltd
772
119,500
(b)
SCREEN
Holdings
Co
Ltd
15,494
89,000
SDI
Corp
267
916,493
(a)
Semtech
Corp
25,194
32,687
Seoul
Semiconductor
Co
Ltd
248
59,406
(a)
SFA
Semicon
Co
Ltd
267
17,344
SG
Micro
Corp
155
94,920
Shanghai
Aiko
Solar
Energy
Co
Ltd
179
24,400
Shenzhen
Goodix
Technology
Co
Ltd
196
18,721
Shenzhen
SC
New
Energy
Technology
Corp
155
68,000
(b)
Shibaura
Mechatronics
Corp
2,883
54,900
Shinko
Electric
Industries
2,049
119,613
(a)
Shinsung
Holdings
Co
Ltd
197
30,000
ShunSin
Technology
Holding
Ltd
174
2,901,000
Sigurd
Microelectronics
Corp
6,525
1,141,512
Silergy
Corp
11,677
147,917
(a),(b)
Silex
Systems
Ltd
494
448,000
Silicon
Integrated
Systems
Corp
526
82,161
(a)
Silicon
Laboratories,
Inc
11,808
12,966
Siltronic
AG.
1,150
19,427
SIMMTECH
Co
Ltd
445
404,000
Sino-American
Silicon
Products,
Inc
2,715
95,000
Sitronix
Technology
Corp
890
39,931
(a)
SK
Square
Co
Ltd
2,336
55,425
Skyworks
Solutions,
Inc
6,004
CREF
Stock
Account
March
31,
2024
112
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
13,010
(a),(b)
SMA
Solar
Technology
AG.
$
751
523,762
(a),(b)
SMART
Global
Holdings,
Inc
13,785
121,259
(a)
Smart
Gunes
Enerjisi
Teknolojileri
ArGE
Uretim
Sanayi
ve
Ticaret
AS.
208
211,800
(b)
Socionext,
Inc
5,785
19,813
(a)
SOITEC
2,046
5,700
StarPower
Semiconductor
Ltd
114
675,910
STMicroelectronics
NV
29,090
14,753
SUESS
MicroTec
SE
582
8,296,742
Sumco
Corp
131,178
402,000
Sunplus
Technology
Co
Ltd
351
138,000
Taiwan
Mask
Corp
293
204,000
Taiwan
Semiconductor
Co
Ltd
480
47,205,146
Taiwan
Semiconductor
Manufacturing
Co
Ltd
1,130,856
1,321,855
(b)
Taiwan
Semiconductor
Manufacturing
Co
Ltd
(ADR)
179,838
203,000
Taiwan
Surface
Mounting
Technology
Corp
669
270,000
Taiwan-Asia
Semiconductor
Corp
332
211,781
TCL
Zhonghuan
Renewable
Energy
Technology
Co
Ltd
346
221,578
(a),(b)
Technoprobe
S.p.A
2,011
660,883
Teradyne,
Inc
74,567
862,523
Texas
Instruments,
Inc
150,260
219,561
Tianshui
Huatian
Technology
Co
Ltd
235
4,237
Tokai
Carbon
Korea
Co
Ltd
366
574,300
Tokyo
Electron
Ltd
149,576
32,100
Tokyo
Seimitsu
Co
Ltd
2,494
73,148
TongFu
Microelectronics
Co
Ltd
224
250,739
Tongwei
Co
Ltd
858
128,611
Topco
Scientific
Co
Ltd
878
14,900
(b)
Towa
Corp
989
88,515
(a)
Tower
Semiconductor
Ltd
(Tel
Aviv)
2,896
22,800
Tri
Chemical
Laboratories,
Inc
747
113,597
Trina
Solar
Co
Ltd
373
1,746,000
(a),(d)
Trony
Solar
Holdings
Co
Ltd
2
19,444
TSE
Co
Ltd
903
437,946
TSEC
Corp
407
5,592
(b)
u-blox
Holding
AG.
539
37,344
Ulvac,
Inc
2,403
3,325,400
UMS
Holdings
Ltd
3,324
46,068
Unigroup
Guoxin
Microelectronics
Co
Ltd
418
341,600
Unisem
M
Bhd
275
9,842,071
United
Microelectronics
Corp
15,984
1,224,000
United
Renewable
Energy
Co
Ltd/Taiwan
436
17,176
Universal
Display
Corp
2,893
34,000
UPI
Semiconductor
Corp
302
752,744
Vanguard
International
Semiconductor
Corp
1,995
330,906
(a)
Veeco
Instruments,
Inc
11,638
18,694
(a)
Verisilicon
Microelectronics
Shanghai
Co
Ltd
89
144,000
Via
Technologies,
Inc
567
88,000
VisEra
Technologies
Co
Ltd
825
122,000
Visual
Photonics
Epitaxy
Co
Ltd
641
219,200
ViTrox
Corp
Bhd
354
449,000
Wafer
Works
Corp
545
155,897
(a),(b)
Weebit
Nano
Ltd
340
2,378,746
Will
Semiconductor
Co
Ltd
32,454
4,671,727
Win
Semiconductors
Corp
21,244
2,654,570
Winbond
Electronics
Corp
2,240
21,000
WinWay
Technology
Co
Ltd
465
92,520
(a),(b)
Wolfspeed,
Inc
2,729
216,559
(a)
WONIK
IPS
Co
Ltd
5,873
12,602
Wonik
QnC
Corp
301
80,445
(a),(c)
X-Fab
Silicon
Foundries
SE
609
54,840
(a),(c)
X-Fab
Silicon
Foundries
SE
415
81,263
Xinjiang
Daqo
New
Energy
Co
Ltd
304
113
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
447,000
XinTec,
Inc
$
1,728
2,031,214
Xinyi
Solar
Holdings
Ltd
1,577
12,400
Yangzhou
Yangjie
Electronic
Technology
Co
Ltd
63
58,606
Zhejiang
Jingsheng
Mechanical
&
Electrical
Co
Ltd
280
24,000
ZillTek
Technology
Corp
320
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
11,023,969
SOFTWARE
&
SERVICES
-
9.1%
184,587
360
Security
Technology,
Inc
226
1,052,139
Accenture
plc
364,682
152,510
(a)
ACI
Worldwide,
Inc
5,065
87,762
(a)
Addnode
Group
AB
938
2,913
(b)
Adesso
SE
343
359,982
(a)
Adobe,
Inc
181,647
57,244
Ahnlab,
Inc
2,842
45,911
(a)
Akamai
Technologies,
Inc
4,993
12,462
Al
Moammar
Information
Systems
Co
488
9,270
(a)
Alarm.com
Holdings,
Inc
672
52,271
(a),(c)
Alfa
Financial
Software
Holdings
plc
112
23,653
Alten
3,452
96,176
Altium
Ltd
4,085
164,629
Amdocs
Ltd
14,878
86,860
American
Software,
Inc
(Class
A)
995
31,910
(a)
Ansys,
Inc
11,078
87,690
(a)
Appfolio,
Inc
21,637
53,100
(a)
Appier
Group,
Inc
550
309,132
(a)
AppLovin
Corp
21,398
20,041
Arabian
Internet
&
Communications
Services
Co
2,020
46,100
Argo
Graphics,
Inc
1,296
140,800
(c)
AsiaInfo
Technologies
Ltd
129
167,145
Asseco
Poland
S.A.
3,242
64,044
Atea
ASA
766
633,887
(a)
Atlassian
Corp
Ltd
123,678
3,257
Atoss
Software
AG.
963
7,562
Aubay
332
5,300
Base
Co
Ltd
123
2,730,600
(a)
BASE,
Inc
5,690
204,644
Bechtle
AG.
10,816
23,894
Beijing
Kingsoft
Office
Software,
Inc
989
145,255
Bentley
Systems,
Inc
7,585
76,751
(a)
BILL
Holdings,
Inc
5,274
133,351
Birlasoft
Ltd
1,191
251,019
(a),(b)
Bitfarms
Ltd
558
405,512
(a),(b)
BlackBerry
Ltd
1,111
136,200
(a)
Box,
Inc
3,857
74,426
(a)
Brightcove,
Inc
144
749,301
Bytes
Technology
Group
plc
4,835
26,850
CANCOM
SE
801
153,302
Cap
Gemini
S.A.
35,276
9,668
cBrain
A.S.
529
251,522
(a)
CCC
Intelligent
Solutions
Holdings,
Inc
3,008
15,363
CE
Info
Systems
Ltd
345
40,664
(a),(b)
Cellebrite
DI
Ltd
451
51,450
(a),(b)
Ceridian
HCM
Holding,
Inc
3,407
177,137
(a)
CGI,
Inc
19,543
36,500
(b)
Change
Holdings,
Inc
310
182,916
(a)
Check
Point
Software
Technologies
30,000
1,858,000
Chinasoft
International
Ltd
1,122
243,960
(a)
Cipher
Mining,
Inc
1,256
858,561
Clear
Secure,
Inc
18,262
124,962
(a)
Cloudflare,
Inc
12,100
46,999
Coforge
Ltd
3,113
CREF
Stock
Account
March
31,
2024
114
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
175,733
Cognizant
Technology
Solutions
Corp
(Class
A)
$
12,879
438,948
(a)
Commvault
Systems,
Inc
44,522
65,121
Computacenter
plc
2,214
425,207
Computer
Modelling
Group
Ltd
3,192
171,688
Comture
Corp
2,241
747,402
(a)
Confluent,
Inc
22,811
17,248
Constellation
Software,
Inc
47,114
1,568,580
(b)
Converge
Technology
Solutions
Corp
6,740
426,840
(a)
Couchbase,
Inc
11,230
277,174
(a)
Coveo
Solutions,
Inc
2,104
50,987
(a),(c)
Crayon
Group
Holding
ASA
375
241,067
(a)
Crowdstrike
Holdings,
Inc
77,284
41,136
(a)
CyberArk
Software
Ltd
10,927
23,700
Cybozu,
Inc
276
68,430
Cyient
Ltd
1,641
4,813,644
(a)
Darktrace
plc
26,569
660,710
Dassault
Systemes
SE
29,248
110,640
Data#3
Ltd
597
498,436
(a)
Datadog,
Inc
61,607
7,473
Datagroup
SE
356
7,949
(a)
Dear
U
Co
Ltd
179
155,761
(a)
Descartes
Systems
Group,
Inc
14,247
105,800
Digital
Arts,
Inc
3,036
2,721,000
Digital
China
Holdings
Ltd
1,037
26,013
Digital
Garage,
Inc
566
2,348
(b)
Digital
Value
S.p.A
141
12,006
(a)
Docebo,
Inc
587
21,830
Dolby
Laboratories,
Inc
(Class
A)
1,829
76,890
(a)
Domo,
Inc
686
57,402
Douzone
Bizon
Co
Ltd
1,789
85,181
(a)
Dropbox,
Inc
2,070
31,000
DTS
Corp
810
173,155
(b)
Dye
&
Durham
Ltd
2,010
118,265
(a)
Dynatrace,
Inc
5,492
96,199
(a)
Elastic
NV
9,643
20,937
Elm
Co
5,355
17,700
Empyrean
Technology
Co
Ltd
196
5,621
(a)
EMRO,
Inc
276
36,496
Enghouse
Systems
Ltd
823
166,182
(a)
Envestnet,
Inc
9,624
425,475
(a)
EPAM
Systems,
Inc
117,499
4,709
(b)
Esker
S.A.
946
213,450
(a)
Everbridge,
Inc
7,434
7,034
(a),(b)
Exclusive
Networks
S.A.
167
18,388
(a)
Fair
Isaac
Corp
22,978
115,403
(a)
FD
Technologies
plc
1,789
64,104
FDM
Group
Holdings
plc
278
740,258
(a)
Five9,
Inc
45,977
21,279
Formula
Systems
1985
Ltd
1,703
367,270
(a)
Fortinet,
Inc
25,088
1,503,267
(a)
Fortnox
AB
9,391
115,900
(a)
Freee
KK
2,670
949,867
(a)
Freshworks,
Inc
17,297
41,768
(b)
FUJI
SOFT,
Inc
1,656
1,459,000
Fujitsu
Ltd
23,350
39,527
Fukui
Computer
Holdings,
Inc
675
58,100
Future
Architect,
Inc
640
41,983
(a)
Gartner,
Inc
20,012
197,603
GB
Group
plc
679
800,600
(a),(b)
GDS
Holdings
Ltd
662
57,800
(a),(b)
GDS
Holdings
Ltd
(ADR)
384
4,076,164
Gen
Digital,
Inc
91,306
115
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
12,591
GFT
Technologies
SE
$
366
105,766
(a)
Gitlab,
Inc
6,168
77,537
(c)
Global
Dominion
Access
S.A.
282
30,761
(a)
Globant
S.A.
6,211
53,770
GMO
internet,
Inc
974
105,322
(a)
GoDaddy,
Inc
12,500
531,597
(a)
Grid
Dynamics
Holdings,
Inc
6,533
12,311
Haansoft,
Inc
197
143,517
Hansen
Technologies
Ltd
456
52,456
Happiest
Minds
Technologies
Ltd
470
72,454
(a)
HashiCorp,
Inc
1,953
818,840
HCL
Technologies
Ltd
15,224
13,613
Hinduja
Global
Solutions
Ltd
121
54,052
Hundsun
Technologies,
Inc
170
55,148
(a),(b)
Hut
8
Corp
609
58,583
Iflytek
Co
Ltd
402
61,500
I'll,
Inc
1,228
96,921
Indra
Sistemas
S.A.
2,009
281,000
INESA
Intelligent
Tech,
Inc
164
31,819
(a)
Informatica,
Inc
1,114
22,548
Information
Services
International-Dentsu
Ltd
737
2,851,544
Infosys
Technologies
Ltd
51,351
189,190
(a)
Intapp,
Inc
6,489
67,768
Intellect
Design
Arena
Ltd
895
664,151
International
Business
Machines
Corp
126,826
420,644
Intuit,
Inc
273,419
61,368
(a)
Ionos
SE
1,410
143,764
Iress
Market
Technology
Ltd
777
56,550
(a)
Isoftstone
Information
Technology
Group
Co
Ltd
367
192,357
Justsystems
Corp
3,376
69,570
Kainos
Group
plc
848
594,800
(a),(e)
Kaonavi,
Inc
7,188
854,895
Keywords
Studios
plc
14,049
154,517
(a)
Kinaxis,
Inc
17,567
1,171,495
(a)
Kingdee
International
Software
Group
Co
Ltd
1,326
83,200
(a),(b)
Kingsoft
Cloud
Holdings
Ltd
(ADR)
253
76,954
(a),(b)
Klaviyo,
Inc
1,961
30,118
Kontron
AG.
664
131,980
KPIT
Technologies
Ltd
2,362
387,036
(a)
Kyndryl
Holdings,
Inc
8,422
1,226,158
(a)
Lightspeed
Commerce,
Inc
17,244
779,000
(b),(c)
Linklogis,
Inc
140
51,131
LiveChat
Software
S.A.
1,152
199,360
(a)
LiveRamp
Holdings,
Inc
6,878
32,039,300
(c),(e)
Locaweb
Servicos
de
Internet
S.A.
37,307
3,433
Lotte
Data
Communication
Co
94
466,645
(c)
LTIMindtree
Ltd
27,731
24,272
Magic
Software
Enterprises
Ltd
280
11,560
(a)
Manhattan
Associates,
Inc
2,893
142,500
(a),(b)
Marathon
Digital
Holdings,
Inc
3,218
14,076
Mastek
Ltd
430
25,835
Matrix
IT
Ltd
570
207,791
(a),(b)
Megaport
Ltd
2,028
196,651
(a)
MIA
Teknoloji
AS.
378
13,120,630
Microsoft
Corp
5,520,111
2,290
(a),(b)
MicroStrategy,
Inc
(Class
A)
3,903
671,000
(b)
Ming
Yuan
Cloud
Group
Holdings
Ltd
210
35,167
Mitsubishi
Research
Institute,
Inc
1,153
28,424
(a)
Monday.com
Ltd
6,420
34,088
(a)
Money
Forward,
Inc
1,521
23,018
(a)
MongoDB,
Inc
8,255
63,243
Mphasis
Ltd
1,819
CREF
Stock
Account
March
31,
2024
116
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,371
(a)
Nagarro
SE
$
548
852,000
(a),(b),(d)
National
Agricultural
Holdings
Ltd
1
275,393
NCC
Group
plc
432
39,476
(a)
nCino
OpCo,
Inc
1,476
97,272
(a)
NCR
Corp
1,229
205,900
NEC
Corp
15,032
54,443
NEC
Networks
&
System
Integration
Corp
906
57,362
Nemetschek
SE
5,678
661,706
NET
One
Systems
Co
Ltd
11,632
34,446
(c)
Netcompany
Group
A.S.
1,424
44,277
Newgen
Software
Technologies
Ltd
424
418,723
(a)
NEXTDC
Ltd
4,850
62,850
(a)
Nice
Systems
Ltd
16,356
537,284
Nihon
Unisys
Ltd
15,968
79,100
Nippon
System
Development
Co
Ltd
1,530
326,900
Nomura
Research
Institute
Ltd
9,235
8,389
(a),(b)
Northern
Data
AG.
242
170,492
NS
Solutions
Corp
5,563
529,400
NTT
Data
Corp
8,416
367,303
(a)
Nutanix,
Inc
22,670
150,300
OBIC
Business
Consultants
Ltd
7,070
14,400
Obic
Co
Ltd
2,175
25,295
Objective
Corp
Ltd
212
24,905
(a),(b)
Oddity
Tech
Ltd
1,082
164,321
(a)
Okta,
Inc
17,191
423,930
(a)
Olo,
Inc
2,327
38,911
One
Software
Technologies
Ltd
576
233,185
Open
Text
Corp
(Toronto)
9,048
2,809,762
Oracle
Corp
352,934
8,000
(a)
Oracle
Corp
Japan
602
47,200
Otsuka
Corp
1,002
31,822
(a),(b)
OVH
Groupe
SAS
332
293,138
(a),(b)
Pagaya
Technologies
Ltd
2,961
642,156
(a)
Palantir
Technologies,
Inc
14,776
786,083
(a)
Palo
Alto
Networks,
Inc
223,350
48,119
(a),(b)
Paycor
HCM,
Inc
935
30,819
(a)
Paylocity
Holding
Corp
5,297
68,741
Pegasystems,
Inc
4,443
44,170
(a)
Perfect
Presentation
For
Commercial
Services
Co
391
85,638
Persistent
Systems
Ltd
4,108
60,300
(a),(b)
PKSHA
Technology,
Inc
2,169
842,300
Plus
Alpha
Consulting
Co
Ltd
13,494
46,116
POSCO
DX
Co
Ltd
1,665
688,703
(a)
PowerSchool
Holdings,
Inc
14,662
41,934
(a)
Procore
Technologies,
Inc
3,446
789,089
(a)
PTC,
Inc
149,090
484,375
(a)
Q2
Holdings,
Inc
25,459
24,606
(a)
Qi
An
Xin
Technology
Group,
Inc
108
123,800
(a),(b),(c)
Qingdao
Ainnovation
Technology
Group
Co
Ltd
116
14,737
(a),(b)
QT
Group
Oyj
1,216
66,900
Rakus
Co
Ltd
908
499,444
(a)
Rategain
Travel
Technologies
Ltd
4,297
18,178
Reply
S.p.A
2,572
57,682
(a)
RingCentral,
Inc
2,004
59,563
(a)
Riskified
Ltd
322
336,879
Roper
Industries,
Inc
188,935
27,825
Route
Mobile
Ltd
535
1,000,927
Sage
Group
plc
15,997
14,600
(b)
Sakura
Internet,
Inc
593
2,034,218
Salesforce,
Inc
612,666
33,363
Samsung
SDS
Co
Ltd
4,054
11,780
Sangfor
Technologies,
Inc
103
117
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
52,500
(a)
Sansan,
Inc
$
603
1,158,064
SAP
AG.
225,497
206,800
Sapiens
International
Corp
NV
6,651
83,530
Sapiens
International
Corp
NV
2,613
42,000
SB
Technology
Corp
579
1,315
Secunet
Security
Networks
AG.
228
772,770
(a),(b)
SEMrush
Holdings,
Inc
10,247
586,237
(a)
SentinelOne,
Inc
13,665
366,861
(a)
ServiceNow,
Inc
279,695
49,602
Shanghai
Baosight
Software
Co
Ltd
264
583,332
Shanghai
Baosight
Software
Co
Ltd
1,184
238,572
(a)
SHIFT,
Inc
38,022
2,530,521
(a)
Shopify,
Inc
(Class
A)
195,223
143,831
(a)
SimilarWeb
Ltd
1,294
21,500
Simplex
Holdings,
Inc
397
521,291
(a),(c)
Sinch
AB
1,307
182,900
(a)
SiteMinder
Ltd
671
263,500
(a)
SKY
ICT
PCL
190
159,711
(a)
Smartsheet,
Inc
6,149
494,243
(a)
Snowflake,
Inc
79,870
478,105
Softcat
plc
9,583
137,304
Sonata
Software
Ltd
1,193
65,109
Sopra
Group
S.A.
15,779
206,900
(a)
Sprinklr,
Inc
2,539
455,558
(a),(b)
Sprout
Social,
Inc
27,201
6,837
(a)
SPS
Commerce,
Inc
1,264
121,000
(a)
Squarespace,
Inc
4,409
131,400
Sumisho
Computer
Systems
Corp
2,442
637,224
SUNeVision
Holdings
Ltd
208
308,855
(a)
Synopsys,
Inc
176,511
1,739,412
Systena
Corp
3,088
122,000
Systex
Corp
452
57,195
Tanla
Platforms
Ltd
564
779,568
Tata
Consultancy
Services
Ltd
36,384
28,230
Tata
Elxsi
Ltd
2,641
467,987
(a),(c)
TeamViewer
SE
6,974
466,365
Tech
Mahindra
Ltd
6,999
189,500
TechMatrix
Corp
2,279
828,120
Technology
One
Ltd
9,153
63,464
(b)
Temenos
Group
AG.
4,540
134,120
(a)
Tenable
Holdings,
Inc
6,630
459,231
(a)
Teradata
Corp
17,758
416,130
(a)
Thoughtworks
Holding,
Inc
1,053
23,661
(a)
Thunder
Software
Technology
Co
Ltd
169
83,678
(b)
Tietoenator
Oyj
1,771
584,900
TIS,
Inc
12,549
64,142
(a),(b)
TomTom
NV
512
445,152
TOTVS
S.A.
2,519
522,112
(a)
Trade
Desk,
Inc
45,643
27,700
(a)
Trend
Micro,
Inc
1,407
191,265
(a),(b)
Truecaller
AB
585
188,800
(a),(b)
Tuya,
Inc
(ADR)
330
149,257
(a)
Twilio,
Inc
9,127
283,451
(a)
UiPath,
Inc
6,426
217,554
(a),(b)
Unity
Software,
Inc
5,809
64,657
(a)
VeriSign,
Inc
12,253
25,739
Vitec
Software
Group
AB
1,337
83,400
(a),(b)
VNET
Group,
Inc
(ADR)
129
1,344,000
(a),(b)
Vobile
Group
Ltd
277
79,015
(a)
WalkMe
Ltd
680
7,613
(b)
Wavestone
461
374,650
(a),(b)
Weave
Communications,
Inc
4,301
CREF
Stock
Account
March
31,
2024
118
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,765,000
(a),(b),(c)
Weimob,
Inc
$
434
12,559
(b)
Wiit
S.p.A
245
13,700
WingArc1st,
Inc
276
1,144,573
Wipro
Ltd
6,634
140,212
WiseTech
Global
Ltd
8,576
53,894
(a)
Wix.com
Ltd
7,409
767,817
(a)
Workday,
Inc
209,422
151,320
(a)
Workiva,
Inc
12,832
120,273
(a)
Xero
Ltd
10,443
89,487
Yonyou
Network
Technology
Co
Ltd
149
25,505
(a)
Yubico
AB
454
94,829
Zensar
Technologies
Ltd
692
277,970
(a)
Zeta
Global
Holdings
Corp
3,038
41,433
(a)
Zoom
Video
Communications,
Inc
2,708
80,414
(a)
Zscaler,
Inc
15,490
58,300
Zuken,
Inc
1,710
1,249,030
(a)
Zuora,
Inc
11,391
TOTAL
SOFTWARE
&
SERVICES
11,403,296
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
5.0%
644,944
AAC
Technologies
Holdings,
Inc
2,166
55,000
Ability
Opto-Electronics
Technology
Co
Ltd
383
42,300
Accelink
Technologies
Co
Ltd
226
433,831
Accton
Technology
Corp
6,217
2,507,532
Acer,
Inc
3,655
78,000
Adlink
Technology,
Inc
167
10,631
(a)
ADVA
Optical
Networking
SE
229
30,000
Advanced
Ceramic
X
Corp
216
394,543
Advantech
Co
Ltd
5,020
25,006
Ai
Holdings
Corp
403
15,000
AIC,
Inc
177
4,176,000
Alpha
Networks,
Inc
4,711
154,100
(b)
Alps
Electric
Co
Ltd
1,212
5,288
ALSO
Holding
AG.
1,372
44,450
Amano
Corp
1,133
216,120
Amphenol
Corp
(Class
A)
24,929
19,500
Anker
Innovations
Technology
Co
Ltd
207
110,593
Anritsu
Corp
895
1,287,120
(a),(d)
Anxin-China
Holdings
Ltd
2
84,000
Apex
International
Co
Ltd
105
19,796,136
(g)
Apple,
Inc
3,394,641
128,000
Arcadyan
Technology
Corp
766
504,323
(a)
Arista
Networks,
Inc
146,244
617,589
(a)
Arlo
Technologies,
Inc
7,813
19,592
(a)
Arrow
Electronics,
Inc
2,536
129,000
Asia
Optical
Co,
Inc
262
492,385
Asia
Vital
Components
Co
Ltd
8,339
27,000
ASROCK,
Inc
218
26,174
Astra
Microwave
Products
Ltd
187
609,026
Asustek
Computer,
Inc
8,063
20,622
AT&S
Austria
Technologie
&
Systemtechnik
AG.
430
5,693,827
AU
Optronics
Corp
3,219
55,815
(a)
Audinate
Group
Ltd
761
49,000
AURAS
Technology
Co
Ltd
1,010
12,613
(a),(c)
Avalon
Technologies
Ltd
75
88,100
Avary
Holding
Shenzhen
Co
Ltd
288
33,158
Avnet,
Inc
1,644
100,800
Azbil
Corp
2,789
93,930
Badger
Meter,
Inc
15,199
56,212
(b)
Barco
NV
926
51,300
Belden
CDT,
Inc
4,751
1,085,000
Benq
Corp
1,522
119
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
22,617
BH
Co
Ltd
$
284
2,402,237
BOE
Technology
Group
Co
Ltd
1,340
266,000
(b)
BOE
Varitronix
Ltd
161
49,000
Brother
Industries
Ltd
909
718,439
BYD
Electronic
International
Co
Ltd
2,652
92,100
(a)
Calix,
Inc
3,054
90,500
(a),(b)
Canaan,
Inc
(ADR)
138
67,300
(a)
Canon
Electronics,
Inc
1,090
36,290
Canon
Marketing
Japan,
Inc
1,069
519,700
Canon,
Inc
15,484
358,574
Career
Technology
MFG.
Co
Ltd
227
514,947
Catcher
Technology
Co
Ltd
3,499
98,454
CDW
Corp
25,183
292,640
(a)
Celestica,
Inc
13,148
278,000
Chang
Wah
Electromaterials,
Inc
345
133,000
Channel
Well
Technology
Co
Ltd
331
90,745
Chaozhou
Three-Circle
Group
Co
Ltd
312
48,000
Chenbro
Micom
Co
Ltd
379
221,000
Cheng
Uei
Precision
Industry
Co
Ltd
318
1,726,000
Chicony
Electronics
Co
Ltd
11,937
489,600
(a),(d)
China
Fiber
Optic
Network
System
Group
Ltd
1
107,557
China
Greatwall
Technology
Group
Co
Ltd
147
515,855
China
Railway
Signal
&
Communication
Corp
Ltd
392
23,300
China
Zhenhua
Group
Science
&
Technology
Co
Ltd
176
281,000
Chin-Poon
Industrial
Co
Ltd
408
304,000
Chroma
ATE,
Inc
2,400
18,000
Chunghwa
Precision
Test
Tech
Co
Ltd
289
109,475
(a)
Ciena
Corp
5,414
2,718,852
Cisco
Systems,
Inc
135,698
152,000
(b)
Citizen
Watch
Co
Ltd
1,002
264,000
Clevo
Co
338
80,962
Codan
Ltd
574
129,724
Cognex
Corp
5,503
97,078
(a)
Coherent
Corp
5,885
37,110
(b)
Comet
Holding
AG.
12,910
6,663
(a)
CommScope
Holding
Co,
Inc
9
3,661,524
Compal
Electronics,
Inc
4,385
797,000
Compeq
Manufacturing
Co
Ltd
1,947
208,000
Coretronic
Corp
508
279,956
Corning,
Inc
9,227
20,284
(a)
CosmoAM&T
Co
Ltd
2,446
186,000
Co-Tech
Development
Corp
339
208,000
(a),(b)
Cowell
e
Holdings,
Inc
498
35,367
Crane
NXT
Co
2,189
13,581
(a)
Cyient
DLM
Ltd
118
31,406
Daeduck
Electronics
Co
Ltd
558
8,723
(a)
Daejoo
Electronic
Materials
Co
Ltd
607
68,070
Daiwabo
Co
Ltd
1,140
142,000
Darfon
Electronics
Corp
276
9,381
Datalogic
S.p.A.
58
280,508
DataTec
Ltd
561
220,615
Dell
Technologies,
Inc
25,174
2,649,970
Delta
Electronics
Thailand
PCL
5,260
2,272,673
Delta
Electronics,
Inc
24,324
43,601
Dexerials
Corp
1,901
49,811
Dicker
Data
Ltd
350
3,262,760
Ditto
Thailand
PCL
2,078
31,912
Dreamtech
Co
Ltd
254
199,000
Dynamic
Holding
Co
Ltd
432
1,179,000
Dynapack
International
Technology
Corp
3,501
5,646,087
E
Ink
Holdings,
Inc
40,065
10,724
Eizo
Nanao
Corp
366
33,996
Elecom
Co
Ltd
349
214,000
Elite
Material
Co
Ltd
2,696
CREF
Stock
Account
March
31,
2024
120
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
308,000
(a)
Elitegroup
Computer
Systems
Co
Ltd
$
299
10,345
EM-Tech
Co
Ltd
240
63,679
Ennoconn
Corp
695
4,400
(b)
Enplas
Corp
211
36,300
Eoptolink
Technology,
Inc
Ltd
342
2,900,704
(b)
Ericsson
(LM)
(B
Shares)
15,600
391,241
(a)
Everdisplay
Optronics
Shanghai
Co
Ltd
117
60,633
Evertz
Technologies
Ltd
663
232,101
(a)
Extreme
Networks,
Inc
2,678
20,939
(a)
F5
Networks,
Inc
3,970
15,080
(a)
Fabrinet
2,850
3,060,000
(a)
FIH
Mobile
Ltd
200
221,000
FLEXium
Interconnect,
Inc
633
1,929,246
(a)
Flextronics
International
Ltd
55,196
294,100
Forth
Corp
PCL
132
685,087
Foxconn
Industrial
Internet
Co
Ltd
2,226
736,000
Foxconn
Technology
Co
Ltd
1,497
2,272,884
FUJIFILM
Holdings
Corp
51,037
183,000
General
Interface
Solution
Holding
Ltd
343
68,000
Genius
Electronic
Optical
Co
Ltd
1,081
72,365
Genus
Power
Infrastructures
Ltd
201
291,000
Getac
Holdings
Corp
1,209
440,000
Gigabyte
Technology
Co
Ltd
4,305
230,000
Global
Brands
Manufacture
Ltd
530
162,222
GoerTek,
Inc
354
262,400
Gold
Circuit
Electronics
Ltd
2,006
155,336
GRG
Banking
Equipment
Co
Ltd
258
115,897
Guangzhou
Haige
Communications
Group,
Inc
Co
168
22,818
Guangzhou
Shiyuan
Electronic
Technology
Co
Ltd
108
9,700
(b)
Hakuto
Co
Ltd
358
619,907
Halma
plc
18,511
29,600
Hamamatsu
Photonics
KK
1,044
420,500
Hana
Microelectronics
PCL
(Foreign)
456
232,000
Hannstar
Board
Corp
458
1,669,000
(a)
HannStar
Display
Corp
558
96,300
Hengdian
Group
DMEGC
Magnetics
Co
Ltd
192
139,300
Hengtong
Optic-electric
Co
Ltd
236
4,474,462
Hewlett
Packard
Enterprise
Co
79,332
461,606
Hexagon
AB
5,457
551,000
(a)
High
Tech
Computer
Corp
820
7,500
Hioki
EE
Corp
355
6,300
Hirose
Electric
Co
Ltd
647
21,254
(b)
HMS
Networks
AB
921
112,350
Holy
Stone
Enterprise
Co
Ltd
338
10,721,640
Hon
Hai
Precision
Industry
Co,
Ltd
52,076
29,499
Horiba
Ltd
3,065
30,800
Hosiden
Corp
392
2,116,682
HP,
Inc
63,966
60,100
Huagong
Tech
Co
Ltd
263
90,000
Ibase
Technology,
Inc
238
95,100
(b)
Ibiden
Co
Ltd
4,259
1,349
Inficon
Holding
AG.
1,969
1
(a)
Infinera
Corp
0
^
57,850
Innodisk
Corp
562
7,474,456
InnoLux
Display
Corp
3,550
44,200
Inspur
Electronic
Information
Industry
Co
Ltd
271
65,600
Intelbras
S.A.
Industria
de
Telecomunicacao
Eletronica
Brasileira
275
6,763
Intellian
Technologies,
Inc
297
10,494
INTOPS
Co
Ltd
238
2,330,172
Inventec
Co
Ltd
4,264
10,993
(a)
IPG
Photonics
Corp
997
16,600
Iriso
Electronics
Co
Ltd
333
39,184
IsuPetasys
Co
Ltd
1,308
149,000
ITEQ
Corp
416
121
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
233,840
(a)
Itron,
Inc
$
21,635
47,676
Ituran
Location
and
Control
Ltd
1,333
81,700
Jabil
Inc
10,944
11,269
(a)
Jahwa
Electronics
Co
Ltd
206
37,642
(b)
Japan
Aviation
Electronics
Industry
Ltd
618
610,900
Jaymart
Group
Holdings
PCL
249
42,543
Jenoptik
AG.
1,322
112,377
Juniper
Networks,
Inc
4,165
15,000
Kaga
Electronics
Co
Ltd
638
18,433
(a)
Kaynes
Technology
India
Ltd
639
744,200
KCE
Electronics
PCL
801
177,770
Keyence
Corp
82,532
62,099
(a)
Keysight
Technologies,
Inc
9,711
44,000
King
Slide
Works
Co
Ltd
1,693
680,205
Kingboard
Chemical
Holdings
Ltd
1,389
638,000
(b)
Kingboard
Laminates
Holdings
Ltd
472
136,087
Kitron
ASA
427
17,232
(a)
KMW
Co
Ltd
216
30,000
(b)
Koa
Corp
292
355,000
Konica
Minolta
Holdings,
Inc
1,162
264,400
Kyocera
Corp
3,546
16,889
L&F
Co
Ltd
2,211
71,192
Landis&Gyr
Group
AG.
5,464
85,625
Largan
Precision
Co
Ltd
6,500
173,500
(c)
Legend
Holdings
Corp
132
371
LEM
Holding
S.A.
702
7,028,399
Lenovo
Group
Ltd
8,143
256,323
Lens
Technology
Co
Ltd
481
292,282
LG
Display
Co
Ltd
2,298
11,725
LG
Innotek
Co
Ltd
1,722
383,084
Lingyi
iTech
Guangdong
Co
289
1,729,277
Lite-On
Technology
Corp
5,732
4,816
Littelfuse,
Inc
1,167
162,042
Logitech
International
S.A.
14,520
67,999
Lotes
Co
Ltd
2,942
14,825
Lotte
Energy
Materials
Corp
550
50,248
(a)
Lumentum
Holdings,
Inc
2,379
567,956
LuxNet
Corp
2,170
357,924
Luxshare
Precision
Industry
Co
Ltd
1,474
84,707
Macnica
Holdings,
Inc
4,152
7,100
Maruwa
Co
Ltd
1,486
31,100
Maxell
Holdings
Ltd
326
27,034
Maxscend
Microelectronics
Co
Ltd
376
205,991
MCJ
Co
Ltd
1,825
8,801
Mcnex
Co
Ltd
166
15,400
Meiko
Electronics
Co
547
28,765
Melco
Holdings,
Inc
688
5,681,900
Metrodata
Electronics
Tbk
PT
213
198,000
(a),(b),(d)
MH
Development
Ltd
0
^
57,067
(b)
Micronic
AB
2,012
623,200
Micro-Star
International
Co
Ltd
3,252
682,000
Mitac
Holdings
Corp
1,113
587,098
Motorola
Solutions,
Inc
208,408
2,240,890
Murata
Manufacturing
Co
Ltd
41,910
180,000
Nan
Ya
Printed
Circuit
Board
Corp
1,114
195,400
(a),(b)
Nano
Dimension
Ltd
(ADR)
544
80,100
Napco
Security
Technologies,
Inc
3,217
518,400
Nationgate
Holdings
Bhd
168
5,718
(a)
Nayax
Ltd
151
132,934
(b)
NCAB
Group
AB
870
21,686
Neopost
S.A.
446
154,175
NetApp,
Inc
16,184
9,454
(a)
Netweb
Technologies
India
Ltd
183
6,700,300
(a)
Nex
Point
Parts
PCL
1,746
CREF
Stock
Account
March
31,
2024
122
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
38,572
Next
Vision
Stabilized
Systems
Ltd
$
459
40,450
Nichicon
Corp
342
64,615
Ninestar
Corp
205
109,300
Nippon
Ceramic
Co
Ltd
1,955
65,476
Nippon
Electric
Glass
Co
Ltd
1,672
26,556
Nippon
Signal
Co
Ltd
181
26,860
Nissha
Printing
Co
Ltd
268
14,572
Nohmi
Bosai
Ltd
218
1
Nokia
Corp
(ADR)
0
^
5,260,370
(b)
Nokia
Oyj
18,664
15,517
(a)
Note
AB
209
191,100
(a)
OFILM
Group
Co
Ltd
266
70,936
Oki
Electric
Industry
Co
Ltd
542
36,200
Omron
Corp
1,296
29,179
Optex
Group
Co
Ltd
380
44,272
Oxford
Instruments
plc
1,183
254,000
Pan-International
Industrial
304
4,331
Park
Systems
Corp
489
28,295
Partron
Co
Ltd
166
623,000
PAX
Global
Technology
Ltd
491
1,710,915
Pegatron
Corp
5,327
6,068
(a)
PG
Electroplast
Ltd
121
334,000
Primax
Electronics
Ltd
896
215,732
(a)
Pure
Storage,
Inc
11,216
2,313,390
Quanta
Computer,
Inc
20,258
179,000
Quanta
Storage,
Inc
548
26,664
(a)
Radware
Ltd
499
462,082
Redington
Ltd
1,158
180,481
(a)
Reeder
Teknoloji
Sanayi
VE
Ticaret
AS
274
29,143
Renishaw
plc
1,559
10,947
Restar
Holdings
Corp
219
113,500
Ricoh
Co
Ltd
1,008
22,252
Riken
Keiki
Co
Ltd
561
14,898
Riso
Kagaku
Corp
303
11,333
Ryosan
Co
Ltd
368
15,400
(b),(d)
Ryoyo
Electro
Corp
403
2,564
(a)
SAES
Getters
S.p.A.
98
274,081
Samsung
Electro-Mechanics
Co
Ltd
30,538
7,881,569
Samsung
Electronics
Co
Ltd
473,663
709,322
Samsung
Electronics
Co
Ltd
(Preference)
35,404
182,257
Samsung
SDI
Co
Ltd
64,638
76,715
(a)
Sanmina
Corp
4,770
18,778
(a),(b)
Seco
S.p.A
74
59,800
Seiko
Epson
Corp
1,046
7,861
(a),(b),(c)
Sensirion
Holding
AG.
581
20,000
Sensortek
Technology
Corp
253
18,310
(a)
Seojin
System
Co
Ltd
344
185,000
Sercomm
Corp
833
26,791
(b)
Sesa
S.p.A
2,962
5,690
(a),(b)
SES-imagotag
S.A.
875
5,834
Shanghai
Friendess
Electronic
Technology
Corp
Ltd
228
120,784
Shengyi
Technology
Co
Ltd
293
19,805
Shennan
Circuits
Co
Ltd
243
41,313
Shenzhen
Transsion
Holdings
Co
Ltd
934
196,900
Shimadzu
Corp
5,484
22,800
Siix
Corp
260
659,000
Simplo
Technology
Co
Ltd
9,293
185,000
Sinbon
Electronics
Co
Ltd
1,619
3,700
(a)
SK
Eternix
Co
Ltd
35
24,077
(b)
Softchoice
Corp
318
349,835
(b)
Softwareone
Holding
AG.
6,452
34,065
(a)
SOLUM
Co
Ltd
625
29,486
Solus
Advanced
Materials
Co
Ltd
384
177,972
Spectris
plc
7,405
123
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
62,000
Speed
Tech
Corp
$
117
504,318
Spirent
Communications
plc
1,276
10,072
(a)
STCUBE
48
164,392
Sterlite
Technologies
Ltd
219
625,749
Sunny
Optical
Technology
Group
Co
Ltd
3,205
118,808
(a)
Super
Micro
Computer,
Inc
120,000
3,364,277
Supreme
Electronics
Co
Ltd
7,780
93,241
Suzhou
Dongshan
Precision
Manufacturing
Co
Ltd
187
23,200
Suzhou
TFC
Optical
Communication
Co
Ltd
488
1,002,621
Synnex
Technology
International
Corp
2,455
56,748
(a)
Synopex,
Inc
391
35,247
Syrma
SGS
Technology
Ltd
197
199,000
Taiwan
Union
Technology
Corp
1,139
94,340
(b)
Taiyo
Yuden
Co
Ltd
2,233
1,061,329
TCL
Technology
Group
Corp
685
82,484
(b)
TD
SYNNEX
Corp
9,329
331,300
TDK
Corp
16,269
684,047
TE
Connectivity
Ltd
99,351
127,497
(a),(c)
Tejas
Networks
Ltd
1,006
100,000
Test
Research,
Inc
268
50,000
Thinking
Electronic
Industrial
Co
Ltd
259
20,004
Tianjin
712
Communication
&
Broadcasting
Co
Ltd
66
73,730
Tianma
Microelectronics
Co
Ltd
84
15,900
(b)
Tokyo
Electron
Device
Ltd
723
146,640
Tong
Hsing
Electronic
Industries
Ltd
674
80,356
Topcon
Corp
929
19,585
Toshiba
TEC
Corp
390
192,000
TPK
Holding
Co
Ltd
221
941,000
Transcend
Information,
Inc
2,613
90,339
(a)
Trimble
Inc
5,814
353,000
Tripod
Technology
Corp
2,255
210,600
(a)
Tsinghua
Tongfang
Co
Ltd
190
783,617
(a)
TTM
Technologies,
Inc
12,264
45,690
(a)
Turtle
Beach
Corp
788
239,000
TXC
Corp
854
3,083
(b)
Ubiquiti,
Inc
357
1,180,011
Unimicron
Technology
Corp
7,015
157,111
Unisplendour
Corp
Ltd
477
40,100
Universal
Scientific
Industrial
Shanghai
Co
Ltd
76
7,411
(a)
UTI,
Inc
182
766,900
Venture
Corp
Ltd
8,106
21,000
VIA
Labs,
Inc
142
303,921
(a),(b)
Viasat,
Inc
5,498
21,000
Vivotek,
Inc
97
1,515,857
Vontier
Corp
68,759
2,113,300
VS
Industry
Bhd
373
585,042
VSTECS
Holdings
Ltd
313
130,885
Vtech
Holdings
Ltd
794
126,900
Wacom
Co
Ltd
545
96,000
Wah
Lee
Industrial
Corp
337
259,000
Walsin
Technology
Corp
902
1,268,000
Wasion
Holdings
Ltd
918
1,796,756
(a)
Western
Digital
Corp
122,611
58,884
Wingtech
Technology
Co
Ltd
298
190,500
(a),(d),(f)
Wintek
Corp
0
^
2,226,000
Wistron
Corp
8,386
294,524
Wistron
NeWeb
Corp
1,422
452,049
Wiwynn
Corp
30,955
1,389,519
WPG
Holdings
Ltd
4,169
453,252
WT
Microelectronics
Co
Ltd
2,126
146,815
Wuhan
Guide
Infrared
Co
Ltd
147
87,452
WUS
Printed
Circuit
Kunshan
Co
Ltd
369
107,600
Xerox
Holdings
Corp
1,926
10,600
Xiamen
Faratronic
Co
Ltd
146
CREF
Stock
Account
March
31,
2024
124
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
13,157,800
(a),(c)
Xiaomi
Corp
$
25,832
15,750
(a),(d)
Ya
Hsin
Industrial
Co
Ltd
0
^
283,801
Yageo
Corp
5,266
107,500
(b),(c)
Yangtze
Optical
Fibre
and
Cable
Joint
Stock
Ltd
122
60,285
Yealink
Network
Technology
Corp
Ltd
210
47,400
Yokogawa
Electric
Corp
1,092
38,294
(a)
Zebra
Technologies
Corp
(Class
A)
11,543
23,123
Zen
Technologies
Ltd
267
186,218
Zhejiang
Dahua
Technology
Co
Ltd
480
32,010
Zhejiang
Supcon
Technology
Co
Ltd
205
580,558
Zhen
Ding
Technology
Holding
Ltd
2,267
46,223
Zhongji
Innolight
Co
Ltd
990
230,003
ZTE
Corp
874
724,799
ZTE
Corp
(Class
H)
1,447
199,000
Zyxel
Group
Corp
299
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
6,268,022
TELECOMMUNICATION
SERVICES
-
1.0%
503,371
Advanced
Info
Service
PCL
2,814
732,548
(c)
Airtel
Africa
plc
979
717,057
AL
Yah
Satellite
Communications
Co-Pjsc-Yah
Sat
430
7,899,784
(b)
America
Movil
SAB
de
C.V.
7,376
16,026,977
AT&T,
Inc
282,075
65,010
ATN
International,
Inc
2,048
170,193
(a),(b)
Aussie
Broadband
Ltd
397
1,258,806
Axiata
Group
Bhd
716
334,630
(a)
Bandwidth,
Inc
6,110
63,030
(b)
BCE,
Inc
2,142
1,527,683
Bezeq
Israeli
Telecommunication
Corp
Ltd
1,963
2,035,289
Bharti
Airtel
Ltd
30,030
6,405,309
BT
Group
plc
8,865
77,442
(a)
Cellcom
Israel
Ltd
332
457,225
(c)
Cellnex
Telecom
S.A.
16,174
22,300
Chief
Telecom,
Inc
265
20,563,912
(c)
China
Tower
Corp
Ltd
2,367
1,617,653
Chunghwa
Telecom
Co
Ltd
6,354
1,230,641
Citic
Telecom
International
Holdings
Ltd
398
3,307
Cogeco,
Inc
139
3,421,554
Deutsche
Telekom
AG.
83,056
1,372,644
Digi.Com
BHD
1,221
28,868
Drillisch
AG.
499
4,455
(a)
EchoStar
Corp
(Class
A)
63
141,487
Elisa
Oyj
(Series
A)
6,308
2,975,431
Emirates
Telecommunications
Group
Co
PJSC
14,844
105,726
Empresa
Nacional
de
Telecomunicaciones
S.A.
352
326,578
Etihad
Etisalat
Co
4,580
1,564,282
Far
EasTone
Telecommunications
Co
Ltd
3,954
95,749
Freenet
AG.
2,695
183,879
(a)
Frontier
Communications
Parent,
Inc
4,505
70,731
Gamma
Communications
plc
1,221
186,824
(a),(d)
GCI
Liberty,
Inc
2
245,160
(a)
Gogo,
Inc
2,152
611,057
(a)
Helios
Towers
plc
728
154,245
Hellenic
Telecommunications
Organization
S.A.
2,275
565,175
HFCL
Ltd
625
784,120
HKBN
Ltd
294
801,437
HKT
Trust
&
HKT
Ltd
935
1,271,607
Hutchison
Telecommunications
Hong
Kong
Holdings
Ltd
164
54,530
IDT
Corp
2,062
333,161
Infrastrutture
Wireless
Italiane
S.p.A
3,781
91,448
Internet
Initiative
Japan,
Inc
1,708
657,700
Intouch
Holdings
PCL
(Class
F)
1,241
125
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
92,320
Iridium
Communications,
Inc
$
2,415
4,399,900
Jasmine
International
PCL
280
854,300
(a),(b)
JTOWER,
Inc
22,714
937,696
KDDI
Corp
27,725
12,718,699
Koninklijke
KPN
NV
47,573
29,579
KT
Corp
834
234,829
Kuwait
Telecommunications
Co
453
222,725
(a),(b),(d)
Let's
GOWEX
S.A.
2
77,352
LG
Telecom
Ltd
577
34,377
(a)
Liberty
Global
Ltd
582
587,410
(a)
Liberty
Latin
America
Ltd
(Class
A)
4,094
337,680
(a)
Liberty
Latin
America
Ltd
(Class
C)
2,360
235,225
Magyar
Telekom
578
975,083
Maxis
Bhd
694
105,555
(a)
Millicom
International
Cellular
S.A.
2,152
1,851,949
Mobile
Telecommunications
Co
KSCP
2,955
374,464
Mobile
Telecommunications
Co
Saudi
Arabia
1,260
713,065
MTN
Group
Ltd
3,528
3,788,966
NetLink
NBN
Trust
2,399
29,348,400
Nippon
Telegraph
&
Telephone
Corp
34,957
633,600
NOS
SGPS
S.A.
2,479
13,800
Okinawa
Cellular
Telephone
Co
325
122,202
(a)
Ooma,
Inc
1,042
741,639
Ooredoo
QPSC
2,159
1,022,600
(b)
Operadora
De
Sites
Mexicanos
SAB
de
C.V.
1,246
1,953,740
Orange
S.
A.
22,976
104,150
(a)
Partner
Communications
454
3,410,000
PCCW
Ltd
1,687
34,414
PLDT,
Inc
837
107,158
Proximus
plc
867
133,019
Quebecor,
Inc
2,916
75,764
(c)
RAI
Way
S.p.A
424
64,324
Railtel
Corp
of
India
Ltd
281
304,729
Rogers
Communications,
Inc
(Class
B)
12,486
15,143,533
Sarana
Menara
Nusantara
Tbk
PT
821
1,724,940
Saudi
Telecom
Co
18,210
2,196,328
Singapore
Telecommunications
Ltd
4,128
87,977
(a),(d)
Sistema
PJSFC
(GDR)
(London)
1
22,492
SK
Telecom
Co
Ltd
891
112,264,304
(a)
Smartfren
Telecom
Tbk
PT
354
1,043,141
SmarTone
Telecommunications
Holding
Ltd
510
1,255,900
SoftBank
Corp
16,170
846,498
Softbank
Group
Corp
50,270
243,260
Spok
Holdings,
Inc
3,880
530,114
StarHub
Ltd
463
25,434
(a)
Swisscom
AG.
15,567
1,464,506
Taiwan
Mobile
Co
Ltd
4,666
102,779
Tata
Communications
Ltd
2,484
325,575
(a)
Tata
Teleservices
Maharashtra
Ltd
290
525,136
Tele2
AB
(B
Shares)
4,312
1,516,832
Telecom
Corp
of
New
Zealand
Ltd
4,318
276,074
Telecom
Egypt
220
9,947,985
(a),(b)
Telecom
Italia
S.p.A.
2,416
358,585
Telefonica
Brasil
S.A.
3,618
5,168,243
Telefonica
S.A.
22,824
575,909
Telekom
Malaysia
BHD
732
534,506
Telekomunikacja
Polska
S.A.
1,084
621,394
Telenor
ASA
6,911
476,320
Telephone
and
Data
Systems,
Inc
7,631
2,356,225
TeliaSonera
AB
6,039
42,022,501
Telkom
Indonesia
Persero
Tbk
PT
9,243
219,328
(a)
Telkom
S.A.
Ltd
347
CREF
Stock
Account
March
31,
2024
126
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
3,561,576
Telstra
Corp
Ltd
$
8,959
414,231
(b)
TELUS
Corp
6,627
589,800
Thaicom
PCL
227
730,049
TIM
S.A.
2,591
783,000
TIME
dotCom
Bhd
859
1,325,784
T-Mobile
US,
Inc
216,394
4,384,453
(a)
True
Corp
PCL
926
1,053,238
Turkcell
Iletisim
Hizmet
AS
2,228
71,640
United
Internet
AG.
1,612
16,700
Usen-Next
Holdings
Co
Ltd
572
1,362,741
Verizon
Communications,
Inc
57,181
34,742
(a)
Vision,
Inc
281
537,961
Vodacom
Group
Ltd
2,799
24,305,167
Vodafone
Group
plc
21,557
5,346,084
Vodafone
Qatar
QSC
2,565
4,107,900
XL
Axiata
Tbk
PT
586
TOTAL
TELECOMMUNICATION
SERVICES
1,233,914
TRANSPORTATION
-
1.6%
110,806
Abu
Dhabi
Aviation
Co
205
455,926
Adani
Ports
&
Special
Economic
Zone
Ltd
7,362
29,186
(a)
Aegean
Airlines
S.A.
395
74,263
Aena
SME
S.A.
14,626
34,449
Aeroports
de
Paris
4,723
1,415,886
Agility
Public
Warehousing
Co
KSC
3,066
1,899,249
Air
Arabia
PJSC
1,431
152,701
(a)
Air
Canada
2,211
294,929
(a)
Air
China
Ltd
298
793,910
(a)
Air
China
Ltd
(H
shares)
386
95,735
(a),(b)
Air
France-KLM
1,066
1,414,105
Air
New
Zealand
Ltd
511
3,589,488
Airports
of
Thailand
PCL
6,424
92,949
(a)
Alaska
Air
Group,
Inc
3,996
37,595
(b)
All
Nippon
Airways
Co
Ltd
786
230,776
(a)
Allcargo
Logistics
Ltd
198
5,708
(a),(b)
Amerco,
Inc
386
485,683
(a)
American
Airlines
Group,
Inc
7,455
634,771
(a),(b),(d),(f)
AMR
Corporation
6
3,861,500
(a)
ANE
Cayman,
Inc
2,446
370,000
Anhui
Expressway
Co
Ltd
410
2,981
AP
Moller
-
Maersk
AS
(Class
A)
3,820
4,078
AP
Moller
-
Maersk
AS
(Class
B)
5,317
598,910
Aramex
PJSC
400
228,133
ArcBest
Corp
32,509
3,686,500
(a)
Asia
Aviation
PCL
247
24,385
(a)
Asiana
Airlines,
Inc
201
39,167,400
(a),(d)
Astrindo
Nusantara
Infrastructure
Tbk
PT
203
937,309
Atlas
Arteria
Ltd
3,255
1,113,068
Auckland
International
Airport
Ltd
5,553
1,545,554
Aurizon
Holdings
Ltd
4,030
13,967
(b)
Avis
Budget
Group,
Inc
1,710
27,850
AZ-COM
MARUWA
Holdings,
Inc
249
206,900
(a)
Azul
S.A.
538
641,900
Bangkok
Airways
PCL
276
140,900
Bangkok
Aviation
Fuel
Services
PCL
90
5,464,962
Bangkok
Expressway
&
Metro
PCL
1,198
1,262,000
(a)
Beijing
Capital
International
Airport
Co
Ltd
383
1,258,900
Beijing-Shanghai
High
Speed
Railway
Co
Ltd
870
70,208
Belships
ASA
135
74,800
(a),(b)
Blade
Air
Mobility,
Inc
213
4,426
Blue
Dart
Express
Ltd
329
89,994
(b)
bpost
S.A.
336
127
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,327,537
BTS
Group
Holdings
PCL
$
819
551,957
Canadian
National
Railway
Co
72,683
800,183
Canadian
Pacific
Railway
Ltd
70,552
880,000
(b)
Canggang
Railway
Ltd
103
6,654
(b)
Cargojet,
Inc
550
59,960
(a),(b)
Cathay
Pacific
Airways
Ltd
68
218,200
(a)
Cebu
Air,
Inc
124
745,615
Central
Japan
Railway
Co
18,518
86,274
CH
Robinson
Worldwide,
Inc
6,569
1,115,000
China
Airlines
679
437,500
(a)
China
Eastern
Airlines
Corp
Ltd
221
199,500
China
Merchants
Expressway
Network
&
Technology
Holdings
Co
Ltd
309
614,667
China
Merchants
Holdings
International
Co
Ltd
737
283,159
(a)
China
Southern
Airlines
Co
Ltd
(Class
A)
220
750,072
Cia
de
Concessoes
Rodoviarias
2,067
46,366
Cia
de
Distribucion
Integral
Logista
Holdings
S.A.
1,296
13,350,656
Cia
Sud
Americana
de
Vapores
S.A.
1,004
6,512
CJ
Logistics
Corp
579
22,724
Clarkson
plc
1,150
2,633,800
ComfortDelgro
Corp
Ltd
2,730
212,206
Container
Corp
Of
India
Ltd
2,252
630,600
(a),(b)
Controladora
Vuela
Cia
de
Aviacion
SAB
de
C.V.
466
685,536
COSCO
Pacific
Ltd
376
693,915
COSCO
SHIPPING
Holdings
Co
Ltd
-
A
997
2,586,809
COSCO
SHIPPING
Holdings
Co
Ltd
-
H
2,724
1,690,000
COSCO
SHIPPING
International
Hong
Kong
Co
Ltd
726
2,379,976
CSX
Corp
88,226
163,078
CTT-Correios
de
Portugal
S.A.
727
138,646
D/S
Norden
5,666
387,700
Daqin
Railway
Co
Ltd
393
498,549
(a)
Delhivery
Ltd
2,678
775,643
Delta
Air
Lines,
Inc
37,130
598,939
(a)
Deutsche
Lufthansa
AG.
4,707
2,017,127
Deutsche
Post
AG.
86,933
28,844
Dfds
A.S.
838
6,674
Dreamfolks
Services
Ltd
39
408,822
DSV
AS
66,456
892,437
East
Japan
Railway
Co
17,122
791,178
easyJet
plc
5,695
195,400
EcoRodovias
Infraestrutura
e
Logistica
S.A.
318
215,133
Enav
S.p.A
900
1,115,000
Eva
Airways
Corp
1,101
445,000
Evergreen
International
Storage
&
Transport
Corp
435
1,229,013
Evergreen
Marine
Corp
Taiwan
Ltd
6,759
16,237
Exchange
Income
Corp
593
108,164
Expeditors
International
Washington,
Inc
13,150
76,940
Farglory
F
T
Z
Investment
Holding
Co
Ltd
135
185,412
FedEx
Corp
53,721
95,848
(a),(b)
Finnair
Oyj
303
515,127
Firstgroup
plc
1,174
15,629
Flughafen
Zuerich
AG.
3,549
54,400
(b)
Forward
Air
Corp
1,692
30,001
(a)
Fraport
AG.
Frankfurt
Airport
Services
Worldwide
1,581
142,910
FTAI
Infrastructure,
Inc
897
15,660
Fukuyama
Transporting
Co
Ltd
370
163,242
Gateway
Distriparks
Ltd
197
355,707
Getlink
S.E.
6,056
2,095,582
(a)
GMR
Infrastructure
Ltd
2,056
110,000
Golden
Ocean
Group
Ltd
1,385
1,771,100
(a)
Grab
Holdings
Ltd
5,561
4,357,104
(a)
Grab
Holdings
Ltd
13,681
23,257
Gram
Car
Carriers
ASA
427
CREF
Stock
Account
March
31,
2024
128
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
519,213
Grindrod
Ltd
$
356
237,800
(b)
Grupo
Aeroportuario
del
Centro
Norte
Sab
de
C.V.
2,349
331,249
(b)
Grupo
Aeroportuario
del
Pacifico
S.A.
de
C.V.
(B
Shares)
5,379
151,518
Grupo
Aeroportuario
del
Sureste
S.A.
de
C.V.
(Class
B)
4,794
302,100
(a),(b),(c)
Grupo
Traxion
SAB
de
C.V.
563
163,400
Guangzhou
Baiyun
International
Airport
Co
Ltd
228
248,552
Gujarat
Pipavav
Port
Ltd
636
284,449
(a)
Gulf
Navigation
Holding
PJSC
474
243,579
Gulf
Warehousing
Co
218
186,459
(a)
GXO
Logistics,
Inc
10,024
2,172,900
(a)
Hainan
Airlines
Holding
Co
Ltd
412
148,000
(a)
Hainan
Meilan
International
Airport
Co
Ltd
133
14,400
Hamakyorex
Co
Ltd
365
18,172
(a)
Hamburger
Hafen
und
Logistik
AG.
325
102,400
(a),(b),(c)
Hangzhou
SF
Intra-City
Industrial
Co
Ltd
127
10,297
Hanjin
Kal
Corp
454
191,598
Hankyu
Hanshin
Holdings,
Inc
5,497
81,010
Heartland
Express,
Inc
967
99,956
(a),(b)
Hertz
Global
Holdings,
Inc
783
373,900
(a)
Hidrovias
do
Brasil
S.A.
320
99,917
HMM
Co
Ltd
1,169
76,572
Hoegh
Autoliners
ASA
650
302,112
Hub
Group,
Inc
(Class
A)
13,057
4,379,651
Hutchison
Port
Holdings
Trust
551
15,229
Hyundai
Glovis
Co
Ltd
2,044
2,121
(a),(b)
ID
Logistics
Group
809
414,838
Iino
Kaiun
Kaisha
Ltd
3,462
130,389
(a),(c)
InterGlobe
Aviation
Ltd
5,556
885,255
International
Container
Term
Services,
Inc
5,008
564,840
International
Distributions
Services
plc
1,635
901,442
Japan
Airlines
Co
Ltd
17,116
48,800
Japan
Airport
Terminal
Co
Ltd
1,928
1,833,700
Jasa
Marga
Persero
Tbk
PT
642
51,925
Jazeera
Airways
Co
KSCP
199
71,556
JB
Hunt
Transport
Services,
Inc
14,258
1,900,900
(a),(c)
JD
Logistics,
Inc
1,942
21,571
(a)
Jeju
Air
Co
Ltd
180
135,212
JET2
plc
2,461
674,915
Jiangsu
Express
691
17,707
(a)
Jin
Air
Co
Ltd
169
341,580
(a),(b)
Joby
Aviation,
Inc
1,831
19,000
Julio
Simoes
Logistica
S.A.
47
75,100
Juneyao
Airlines
Co
Ltd
124
70,600
Kamigumi
Co
Ltd
1,556
329,400
(b)
Kawasaki
Kisen
Kaisha
Ltd
4,429
172,100
Keihin
Electric
Express
Railway
Co
Ltd
1,583
77,400
Keio
Corp
2,119
115,500
Keisei
Electric
Railway
Co
Ltd
4,697
120,730
Kelsian
Group
Ltd
454
260,509
Kerry
Logistics
Network
Ltd
284
137,000
Kerry
TJ
Logistics
Co
Ltd
166
151,607
(b)
Kintetsu
Corp
4,416
186,748
(a)
Kirby
Corp
17,801
117,140
Knight-Swift
Transportation
Holdings,
Inc
6,445
16,468
Konoike
Transport
Co
Ltd
230
110,380
(a)
Korea
Line
Corp
157
156,600
Korean
Air
Lines
Co
Ltd
2,521
53,739
(b)
Kuehne
&
Nagel
International
AG.
14,951
108,200
Kyushu
Railway
Co
2,469
150,968,088
(a)
Lan
Airlines
S.A.
1,881
26,642
Landstar
System,
Inc
5,136
558,200
Liaoning
Port
Co
Ltd
108
129
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,296,942
Localiza
Rent
A
Car
$
25,042
10,445
Lotte
Rental
Co
Ltd
215
11,557
(a)
Lumi
Rental
Co
315
596,715
(a)
Lyft,
Inc
(Class
A)
11,546
35,500
(c)
Mahindra
Logistics
Ltd
174
725,235
Malaysia
Airports
Holdings
Bhd
1,518
8,530
Maruzen
Showa
Unyu
Co
Ltd
261
1,543,140
MISC
Bhd
2,495
44,628
Mitsubishi
Logistics
Corp
1,445
288,200
(b)
Mitsui
OSK
Lines
Ltd
8,792
17,714
Mitsui-Soko
Co
Ltd
547
92,600
Movida
Participacoes
S.A.
157
230,951
MPC
Container
Ships
ASA
268
1,297,793
MTR
Corp
4,288
69,963
Mullen
Group
Ltd
750
148,400
Nagoya
Railroad
Co
Ltd
2,076
79,527
Nankai
Electric
Railway
Co
Ltd
1,634
1,812,265
National
Express
Group
plc
1,592
61,000
Nippon
Express
Holdings,
Inc
3,114
41,649
Nippon
Konpo
Unyu
Soko
Co
Ltd
804
384,703
(b)
Nippon
Yusen
Kabushiki
Kaisha
10,562
48,000
Nishi-Nippon
Railroad
Co
Ltd
783
544,334
(a)
Norwegian
Air
Shuttle
AS
823
4,679
(a)
NTG
Nordic
Transport
Group
A.S.
191
263,299
Odakyu
Electric
Railway
Co
Ltd
3,630
6,963
Odfjell
SE
88
27,261
Oesterreichische
Post
AG.
931
147,538
Old
Dominion
Freight
Line
32,357
122,500
Orient
Overseas
International
Ltd
1,466
35,787,290
Pacific
Basin
Shipping
Ltd
10,362
205,821
Pan
Ocean
Co
Ltd
651
32,537
(a)
Pegasus
Hava
Tasimaciligi
AS.
821
625,500
Precious
Shipping
PCL
132
150,982
Promotora
y
Operadora
de
Infraestructura
SAB
de
C.V.
1,601
781,959
(a)
Qantas
Airways
Ltd
2,776
700,430
Qatar
Navigation
QSC
2,026
1,306,290
Qube
Holdings
Ltd
2,902
105,740
(a)
Radiant
Logistics,
Inc
573
892,487
Redde
Northgate
plc
4,297
442,100
Regional
Container
Lines
PCL
222
224,908
(a)
Reysas
Tasimacilik
ve
Lojistik
Ticaret
AS.
247
1,078,646
Rumo
S.A.
4,787
156,400
(a)
RXO,
Inc
3,420
66,993
Ryder
System,
Inc
8,052
61,497
Sagami
Railway
Co
Ltd
1,099
19,845
(a)
Saia,
Inc
11,609
96
(a),(d)
SAir
Group
0
^
12,940
Sakai
Moving
Service
Co
Ltd
218
284,650
Sankyu,
Inc
9,797
392,300
Santos
Brasil
Participacoes
S.A.
1,042
149
(a)
SAS
AB
0
^
65,719
(a)
Saudi
Ground
Services
Co
890
33,012
Saudi
Industrial
Services
Co
340
49,777
(a)
Saudi
Public
Transport
Co
268
11,204
SBS
Holdings,
Inc
192
212,900
(a)
SCGJWD
Logistics
PCL
91
40,815
Schneider
National,
Inc
924
183,300
Seibu
Holdings,
Inc
2,865
96,006
(b)
Seino
Holdings
Corp
1,318
83,496
Senko
Co
Ltd
626
122,839
SF
Holding
Co
Ltd
618
268,150
SG
Holdings
Co
Ltd
3,396
CREF
Stock
Account
March
31,
2024
130
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
76,196
(a)
Shanghai
International
Airport
Co
Ltd
$
376
114,060
Shanghai
International
Port
Group
Co
Ltd
84
1,065,500
Shenzhen
International
Holdings
Ltd
818
4,827
Shenzhen
Investment
Holdings
Bay
Area
Development
Co
Ltd
1
113,060
Shinwa
Kaiun
Kaisha
Ltd
3,533
2,067,565
Shipping
Corp
of
India
Ltd
5,188
234,700
SIA
Engineering
Co
Ltd
393
558,000
Sichuan
Expressway
Co
Ltd
208
279,400
SIMPAR
S.A.
414
337,000
Sincere
Navigation
Corp
256
1,117,573
(b)
Singapore
Airlines
Ltd
5,297
738,124
(a)
Singapore
Airport
Terminal
Services
Ltd
1,421
1,316,619
Singapore
Post
Ltd
410
1,111,000
SITC
International
Holdings
Co
Ltd
2,031
10,578
Sixt
AG.
1,055
13,648
Sixt
AG.
(Preference)
1,001
173,880
(a)
Skywest,
Inc
12,012
446,190
Southwest
Airlines
Co
13,024
162,741
(a)
SpiceJet
Ltd
117
23,700
(a)
Spring
Airlines
Co
Ltd
181
16,612
Stolt-Nielsen
Ltd
612
40,383
Sumitomo
Warehouse
Co
Ltd
680
64,000
T3EX
Global
Holdings
Corp
193
1,433,501
Taiwan
High
Speed
Rail
Corp
1,350
150,087
(a)
TAV
Havalimanlari
Holding
AS
826
7,889
TCI
Express
Ltd
97
69,165
TFI
International,
Inc
11,029
16,586
Theeb
Rent
A
Car
Co
308
250,535
(b)
TNT
NV
341
158,129
Tobu
Railway
Co
Ltd
3,954
417,611
Tokyu
Corp
5,085
5,648,600
(a),(d)
Trada
Alam
Minera
Tbk
PT
0
^
5,907
Trancom
Co
Ltd
237
875,700
Transcoal
Pacific
Tbk
PT
402
26,549
Transport
Corp
of
India
Ltd
259
2,579,147
Transurban
Group
22,374
463,901
(a)
Turk
Hava
Yollari
AO
4,272
64,570
(a)
Tway
Air
Co
Ltd
133
3,605,448
(a)
Uber
Technologies,
Inc
277,583
74,627
U-Haul
Holding
Co
4,976
341,000
U-Ming
Marine
Transport
Corp
573
1,553,611
Union
Pacific
Corp
382,080
243,397
(a)
United
Airlines
Holdings,
Inc
11,654
27,314
United
International
Transportation
Co
631
918,177
United
Parcel
Service,
Inc
(Class
B)
136,469
345,600
Vamos
Locacao
de
Caminhoes
Maquinas
e
Equipamentos
S.A.
575
67,336
(a),(d)
Virgin
Australia
Holdings
Pty
Ltd
0
^
30,917
VRL
Logistics
Ltd
204
93,583
Wallenius
Wilhelmsen
ASA
766
265,350
Wan
Hai
Lines
Ltd
366
689,700
(a)
WCE
Holdings
Bhd
146
367,400
West
Japan
Railway
Co
7,657
28,193
(b)
Westshore
Terminals
Investment
Corp
533
154,300
Wilson
Sons
Holdings
Brasil
S.A.
550
109,354
Wincanton
plc
827
318,000
Wisdom
Marine
Lines
Co
Ltd
586
85,160
(a)
XPO,
Inc
10,392
223,436
Yamato
Transport
Co
Ltd
3,216
1,503,000
Yang
Ming
Marine
Transport
2,075
75,759
YTO
Express
Group
Co
Ltd
159
922,000
Yuexiu
Transport
Infrastructure
Ltd
453
68,515
Yunda
Holding
Co
Ltd
68
131
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
888,415
Zhejiang
Expressway
Co
Ltd
$
570
78,185
(b)
ZIM
Integrated
Shipping
Services
Ltd
791
177,183
ZTO
Express
Cayman,
Inc
(ADR)
3,710
TOTAL
TRANSPORTATION
2,066,363
UTILITIES
-
2.3%
1,282,893
A2A
S.p.A.
2,314
24,647
Acciona
S.A.
3,000
30,382
ACEA
S.p.A.
538
81,665
ACWA
Power
Co
7,381
274,094
(a)
Adani
Green
Energy
Ltd
6,050
667,221
(a)
Adani
Power
Ltd
4,287
160,823
(a)
AES
Brasil
Energia
S.A.
327
72,540
AES
Corp
1,301
1,650,638
AGL
Energy
Ltd
8,977
2,182,532
Aguas
Andinas
S.A.
637
634,800
(a)
Ahlatci
Dogal
Gaz
Dagitim
Enerji
VE
Yatirim
AS.
260
282,547
(a)
Akfen
Yenilenebilir
Enerji
AS.
194
79,153
Aksa
Enerji
Uretim
AS
86
477,637
(b)
Algonquin
Power
&
Utilities
Corp
3,018
9,386
(a)
AlKhorayef
Water
&
Power
Technologies
Co
580
242,409
Allete,
Inc
14,457
3,032,824
Alliant
Energy
Corp
152,854
253,714
(b)
AltaGas
Ltd
5,604
119,392
Alupar
Investimento
S.A.
727
1,570,673
Ameren
Corp
116,167
1,623,628
American
Electric
Power
Co,
Inc
139,794
165,570
American
States
Water
Co
11,961
20,810
American
Water
Works
Co,
Inc
2,543
1,140,239
APA
Group
6,250
82,300
Ascopiave
S.p.A.
210
276,659
Atco
Ltd
7,702
37,711
Athens
Water
Supply
&
Sewage
Co
S.A.
243
15,025
Atmos
Energy
Corp
1,786
229,350
Auren
Energia
S.A.
544
42,370
(a)
Aygaz
AS
196
483,900
B
Grimm
Power
PCL
369
477,600
Banpu
Power
PCL
192
982,000
BCPG
PCL
182
254,679
Beijing
Enterprises
Holdings
Ltd
740
2,034,586
Beijing
Enterprises
Water
Group
Ltd
453
1,328,000
Beijing
Jingneng
Clean
Energy
Co
Ltd
296
20,833
BKW
AG.
3,201
549,556
Black
Hills
Corp
30,006
76,437
(b)
Boralex,
Inc
1,615
95,720
(b)
Brookfield
Infrastructure
Corp
3,448
116,175
Brookfield
Renewable
Corp
2,851
99,284
(b)
Brookfield
Renewable
Corp
2,439
327,022
(a)
Can2
Termik
AS.
183
113,473
Canadian
Utilities
Ltd
2,584
407,000
(b)
Canvest
Environmental
Protection
Group
Co
Ltd
210
411,769
(b)
Capital
Power
Corp
11,615
230,500
CECEP
Solar
Energy
Co
Ltd
166
45,310
Centerpoint
Energy,
Inc
1,291
1,028,951
Centrais
Eletricas
Brasileiras
S.A.
8,555
212,739
Centrais
Eletricas
Brasileiras
S.A.
1,978
179,389
Centrica
plc
289
566,175
CESC
Ltd
827
144,350
(b)
CEZ
AS
5,151
910,000
(b)
CGN
New
Energy
Holdings
Co
Ltd
241
1,246,100
CGN
Power
Co
Ltd
686
5,179,000
(c)
CGN
Power
Co
Ltd
1,536
CREF
Stock
Account
March
31,
2024
132
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,044,000
China
Datang
Corp
Renewable
Power
Co
Ltd
$
421
1,168,165
China
Gas
Holdings
Ltd
1,054
2,969,044
China
Longyuan
Power
Group
Corp
Ltd
2,083
540,300
China
National
Nuclear
Power
Co
Ltd
669
2,131,847
(b)
China
Power
International
Development
Ltd
875
415,012
China
Resources
Gas
Group
Ltd
1,324
826,373
China
Resources
Power
Holdings
Co
1,930
1,651,200
China
Three
Gorges
Renewables
Group
Co
Ltd
1,070
742,000
China
Water
Affairs
Group
Ltd
435
650,901
China
Yangtze
Power
Co
Ltd
2,238
587,091
Chubu
Electric
Power
Co,
Inc
7,677
435,100
(b)
Chugoku
Electric
Power
Co,
Inc
3,280
293,201
Cia
de
Saneamento
Basico
do
Estado
de
Sao
Paulo
4,952
145,300
Cia
de
Saneamento
de
Minas
Gerais
Copasa
MG
631
278,100
Cia
de
Saneamento
do
Parana
291
107,000
Cia
de
Saneamento
do
Parana
555
1,189,555
Cia
Energetica
de
Minas
Gerais
2,979
14,700
Cia
Energetica
do
Ceara
109
925,900
Cia
Paranaense
de
Energia
1,776
560,559
CK
Infrastructure
Holdings
Ltd
3,283
1,921,700
CK
Power
PCL
218
87,612
Clearway
Energy,
Inc
(Class
A)
1,885
63,390
Clearway
Energy,
Inc
(Class
C)
1,461
1,479,375
CLP
Holdings
Ltd
11,800
6,699,123
Colbun
S.A.
868
5,840,000
Concord
New
Energy
Group
Ltd
463
68,653
Consolidated
Edison,
Inc
6,234
296,954
Constellation
Energy
Corp
54,892
604,191
Contact
Energy
Ltd
3,125
183,200
CPFL
Energia
S.A.
1,272
722,800
Datang
International
Power
Generation
Co
Ltd
285
2,753,660
Dominion
Energy,
Inc
135,453
1,834,518
Drax
Group
plc
11,610
22,099
DTE
Energy
Co
2,478
853,705
Duke
Energy
Corp
82,562
1,275,221
E.ON
AG.
17,754
106,274
Edison
International
7,517
301,471
(b)
EDP
Renovaveis
S.A.
4,083
511,800
Electric
Power
Development
Co
8,402
385,700
Electricity
Generating
PCL
1,196
1,089
Elia
Group
S.A.
118
243,565
(b)
Emera,
Inc
8,572
1,693,937
Emirates
Central
Cooling
Systems
Corp
761
8,225
Enagas
122
93,492
(b)
Encavis
AG.
1,699
10,204
Endesa
S.A.
189
189,861
(a)
Enea
S.A.
445
25,397,947
Enel
Chile
S.A.
1,527
14,860,854
Enel
S.p.A.
98,104
2,251,397
Energias
de
Portugal
S.A.
8,784
205,478
Energisa
S.A.
1,961
224,948
Energix-Renewable
Energies
Ltd
823
1,288,644
Energy
Absolute
PCL
1,213
193,515
(c)
Enerjisa
Enerji
AS.
347
18,829,675
Enersis
S.A.
1,836
31,261
(a)
Enerya
Enerji
AS.
153
409,300
(a)
Eneva
S.A.
1,041
145,648
Engie
Brasil
Energia
S.A.
1,169
444,198
(a)
Engie
Energia
Chile
S.A.
354
2,360,532
Engie
S.A.
39,556
95,460
(a)
Enlight
Renewable
Energy
Ltd
1,597
341,835
ENN
Energy
Holdings
Ltd
2,660
133
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
133,500
ENN
Natural
Gas
Co
Ltd
$
354
870,111
Equatorial
Energia
S.A.
5,647
28,143
(b)
eRex
Co
Ltd
129
49,640
ERG
S.p.A.
1,246
23,801
Evergy,
Inc
1,270
111,579
Eversource
Energy
6,669
28,662
EVN
AG.
758
192,338
Exelon
Corp
7,226
109,746
(a)
Fersa
Energias
Renovables
S.A.
184
4,021,742
FirstEnergy
Corp
155,320
419,222
Fortis,
Inc
16,564
295,900
(b)
Fortum
Oyj
3,653
2,097,815
GAIL
India
Ltd
4,566
197,700
Gas
Malaysia
Bhd
144
587,200
GD
Power
Development
Co
Ltd
407
581,857
Global
Power
Synergy
PCL
840
53,969
(a)
Greenvolt-Energias
Renovaveis
S.A.
475
11,381
(a),(b)
Grenergy
Renovables
S.A.
299
1,333,210
Guangdong
Investments
Ltd
571
108,586
Gujarat
Gas
Ltd
709
229,921
Gujarat
State
Petronet
Ltd
985
2,419,327
Gulf
Energy
Development
PCL
2,904
3,863,300
Gunkul
Engineering
PCL
293
648,418
Hera
S.p.A.
2,285
137,393
Hokkaido
Electric
Power
Co,
Inc
751
134,577
(b)
Hokuriku
Electric
Power
Co
715
328,661
Holding
CO
ADMIE
IPTO
S.A.
803
10,030,739
Hong
Kong
&
China
Gas
Ltd
7,603
1,239,012
Hong
Kong
Electric
Holdings
Ltd
7,259
296,319
Huadian
Power
International
Corp
Ltd
(Class
A)
278
228,366
Huaneng
Power
International,
Inc
-
A
289
1,778,751
Huaneng
Power
International,
Inc
-
H
1,049
282,760
Hydro
One
Ltd
8,246
5,230,462
Iberdrola
S.A.
64,964
5,389
Idacorp,
Inc
501
279,279
Indraprastha
Gas
Ltd
1,446
127,858
(b)
Innergex
Renewable
Energy,
Inc
754
1,027,900
(a),(d)
Inter
Far
East
Energy
Corp
0
^
400,382
Interconexion
Electrica
S.A.
ESP
2,049
438,710
Inversiones
Aguas
Metropolitanas
S.A.
329
1,910,780
Iride
S.p.A.
3,909
381,294
Italgas
S.p.A
2,221
105,427
(a)
Izdemir
Enerji
Elektrik
Uretim
AS.
88
2,886,272
(a)
Jaiprakash
Power
Ventures
Ltd
530
633,163
Kansai
Electric
Power
Co,
Inc
9,034
3,900
(a)
Kasumigaseki
Capital
Co
Ltd
441
15,611
Kenon
Holdings
Ltd
409
2,833,015
Keppel
Infrastructure
Trust
1,038
109,936
Korea
Electric
Power
Corp
1,808
19,016
(a)
Korea
Gas
Corp
385
18,294
(c)
KPI
Green
Energy
Ltd
339
328,300
Kyushu
Electric
Power
Co,
Inc
2,948
43,248
Mahanagar
Gas
Ltd
709
4,445,800
Malakoff
Corp
Bhd
603
259,302
Manila
Electric
Co
1,647
765,300
Manila
Water
Co,
Inc
308
369,300
Mega
First
Corp
BHD
339
586,669
Mercury
NZ
Ltd
2,429
1,080,228
Meridian
Energy
Ltd
3,814
117,480
(b)
MGE
Energy,
Inc
9,248
583,257
National
Central
Cooling
Co
PJSC
516
2,963
National
Fuel
Gas
Co
159
CREF
Stock
Account
March
31,
2024
134
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
30,719
National
Gas
&
Industrialization
Co
$
712
6,513,020
National
Grid
plc
87,756
53,319
(c)
Neoen
S.A.
1,509
97,004
New
Jersey
Resources
Corp
4,162
7,304,623
NextEra
Energy,
Inc
466,838
84,287
Nippon
Gas
Co
Ltd
1,420
44,334
NiSource,
Inc
1,226
114,858
NLC
India
Ltd
315
219,173
(b)
Northland
Power
Income
Fund
3,581
105,510
NorthWestern
Corp
5,374
351,714
NRG
Energy,
Inc
23,808
3,835,149
NTPC
Ltd
15,499
1,043,462
(a)
ODAS
Elektrik
Uretim
ve
Sanayi
Ticaret
AS.
288
34,001
Okinawa
Electric
Power
Co,
Inc
258
38,600
ONE
Gas,
Inc
2,491
90,939
(a)
OPC
Energy
Ltd
645
1,443,604
Origin
Energy
Ltd
8,660
190,852
Orsted
AS
10,665
313,980
Osaka
Gas
Co
Ltd
7,063
16,411
(a)
OY
Nofar
Energy
Ltd
406
217,958
Pennon
Group
plc
1,781
943,578
Petronas
Gas
BHD
3,501
1,724,478
(b),(f)
PG&E
Corp
28,902
754,204
(a)
PGE
Polska
Grupa
Energetyczna
S.A.
1,359
158,278
Pinnacle
West
Capital
Corp
11,828
66,549
Power
&
Water
Utility
Co
for
Jubail
&
Yanbu
1,229
4,123,013
Power
Grid
Corp
of
India
Ltd
13,686
44,590,400
PT
Perusahaan
Gas
Negara
Persero
Tbk
3,827
2,587,124
PTC
India
Ltd
5,785
176,663
(a)
Public
Power
Corp
2,216
51,785
Public
Service
Enterprise
Group,
Inc
3,458
34,076
(a)
Pure
Cycle
Corp
324
384,172
Qatar
Electricity
&
Water
Co
QSC
1,714
584,200
Ratch
Group
PCL
445
1,741,908
(a)
RattanIndia
Power
Ltd
173
13,121
Redeia
Corp
S.A.
224
1,383,652
Redes
Energeticas
Nacionais
S.A.
3,286
510,587
(a)
Reliance
Energy
Ltd
1,667
2,077,424
(a)
Reliance
Power
Ltd
704
32,300
(a),(b)
RENOVA,
Inc
265
78,692
Rubis
S.C.A
2,778
2,517,048
RWE
AG.
85,547
19,600
Saibu
Gas
Co
Ltd
246
749,603
Saudi
Electricity
Co
3,953
245,926
(c)
Scatec
ASA
1,637
521,775
Scottish
&
Southern
Energy
plc
10,878
217,200
SDIC
Power
Holdings
Co
Ltd
447
751,300
SembCorp
Industries
Ltd
3,003
485,637
Sempra
Energy
34,883
156,600
(a)
Serena
Energia
S.A.
294
574,343
Severn
Trent
plc
17,921
558,685
Shamal
Az-Zour
Al-Oula
for
the
First
Phase
of
Az-Zour
Power
Plant
KSC
307
41,400
Shanghai
Electric
Power
Co
Ltd
49
225,300
Shenergy
Co
Ltd
241
128,088
Shenzhen
Energy
Group
Co
Ltd
123
120,042
Shikoku
Electric
Power
Co,
Inc
938
76,000
Shinfox
Energy
Co
Ltd
342
28,110
Shizuoka
Gas
Co
Ltd
176
91,400
Sichuan
Chuantou
Energy
Co
Ltd
210
552,484
SJVN
Ltd
806
69,008
Snam
Rete
Gas
S.p.A.
326
63,023
(a),(b)
Solaria
Energia
y
Medio
Ambiente
S.A.
688
135
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
128,000
(a),(d)
Sound
Global
Ltd
$
0
^
3,368,230
Southern
Co
241,637
6,831,000
(a)
SP
New
Energy
Corp
126
1,015,900
SPCG
PCL
317
183,480
Spire,
Inc
11,260
1,461,996
(b)
Superior
Plus
Corp
10,890
1,411,100
Synergy
Grid
&
Development
Phils,
Inc
188
395,213
Taiwan
Cogeneration
Corp
587
1,268,704
Tata
Power
Co
Ltd
6,005
899,941
(a)
Tauron
Polska
Energia
S.A.
689
59,170
Telecom
Plus
plc
1,218
2,381,804
Tenaga
Nasional
BHD
5,656
46,105
Terna
Energy
S.A.
896
47,009
Terna
Rete
Elettrica
Nazionale
S.p.A.
389
208,000
Tian
Lun
Gas
Holdings
Ltd
134
56,100
Toho
Gas
Co
Ltd
1,242
368,900
Tohoku
Electric
Power
Co,
Inc
2,891
1,374,251
(a)
Tokyo
Electric
Power
Co,
Inc
8,353
360,910
Tokyo
Gas
Co
Ltd
8,204
907,000
Towngas
Smart
Energy
Co
Ltd
356
2,315,000
TPI
Polene
Power
PCL
209
211,521
TransAlta
Corp
1,357
144,200
Transmissora
Alianca
de
Energia
Eletrica
S
1,044
1,147,700
TTW
PCL
282
63,100
UGI
Corp
1,548
885,698
United
Utilities
Group
plc
11,508
1,231,272
Veolia
Environnement
40,056
70,693
Verbund
AG.
5,165
521,462
Vistra
Corp
36,320
28,917
(a),(b)
Voltalia
S.A.
205
1,121,632
WEC
Energy
Group,
Inc
92,108
17,430
West
Holdings
Corp
331
934,000
WHA
Utilities
and
Power
PCL
103
2,029,700
(a)
Wintime
Energy
Group
Co
Ltd
374
59,532
Xcel
Energy,
Inc
3,200
1,344,000
(b)
Xinyi
Energy
Holdings
Ltd
191
2,920,000
YTL
Corp
BHD
1,611
2,157,700
YTL
Power
International
BHD
1,725
799,800
Zhejiang
Zheneng
Electric
Power
Co
Ltd
720
350,000
(a),(b)
Zhongyu
Energy
Holdings
Ltd
223
1,446,287
(a)
Zorlu
Enerji
Elektrik
Uretim
AS
254
TOTAL
UTILITIES
2,893,184
TOTAL
COMMON
STOCKS
124,873,234
(Cost
$99,479,701)
EXPIRATION
DATE
RIGHTS/WARRANTS
-
0.0%
AUTOMOBILES
&
COMPONENTS
-
0.0%
409,140
Tata
Motors
Ltd
(DVR)
3,237
TOTAL
AUTOMOBILES
&
COMPONENTS
3,237
CAPITAL
GOODS
-
0.0%
2,541
(d)
Dawonsys
Co
Ltd
04/23/24
7
26,206
(b),(d)
Webuild
S.p.A
08/02/30
24
TOTAL
CAPITAL
GOODS
31
CREF
Stock
Account
March
31,
2024
136
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
EXPIRATION
DATE
VALUE
(000)
CONSUMER
SERVICES
-
0.0%
90,578
PointsBet
Holdings
Ltd
07/08/24
$
1
TOTAL
CONSUMER
SERVICES
1
ENERGY
-
0.0%
27,093
(b),(d)
Empire
Petroleum
Corp
03/25/24
0
^
TOTAL
ENERGY
0
^
FINANCIAL
SERVICES
-
0.0%
1,059
Magellan
Financial
Group
Ltd
04/16/27
0
^
TOTAL
FINANCIAL
SERVICES
0
^
MATERIALS
-
0.0%
5,863
Foosung
Co
Ltd
04/11/24
6
TOTAL
MATERIALS
6
MEDIA
&
ENTERTAINMENT
-
0.0%
53,196
RS
PCL
01/16/26
7
TOTAL
MEDIA
&
ENTERTAINMENT
7
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.0%
12,599
(d)
Chinook
Therapeutics,
Inc
0
^
24,100
(d)
Kangmei
Pharmaceutical
Co
Ltd
12/31/28
0
^
20,027
(b),(d)
Tobira
Therapeutics,
Inc
1
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
1
SOFTWARE
&
SERVICES
-
0.0%
19,369
(d)
Constellation
Software,
Inc
08/22/28
99
TOTAL
SOFTWARE
&
SERVICES
99
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.0%
132,405
(d)
Nex
Point
Parts
PCL
04/04/24
0
^
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
0
^
TOTAL
RIGHTS/WARRANTS
3,382
(Cost
$2,367)
TOTAL
LONG-TERM
INVESTMENTS
124,876,870‌
(Cost
$99,482,341)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.2%
GOVERNMENT
AGENCY
DEBT
-
0.1%
$
25,000,000
Federal
Farm
Credit
Discount
Notes
0
.000
%
04/03/24
24,978
7,500,000
Federal
Farm
Credit
Discount
Notes
0
.000
04/19/24
7,476
7,500,000
Federal
Farm
Credit
Discount
Notes
0
.000
04/26/24
7,469
20,790,000
Federal
Farm
Credit,
04
0
.000
04/05/24
20,766
3,535,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
04/01/24
3,533
5,000,000
FHLB
0
.000
04/05/24
4,994
14,475,000
FHLB
0
.000
04/10/24
14,448
12,500,000
FHLB
0
.000
05/03/24
12,435
TOTAL
GOVERNMENT
AGENCY
DEBT
96,099
TREASURY
DEBT
-
0.1%
13,000,000
United
States
Treasury
Bill
0
.000
04/02/24
12,998
12,990,000
United
States
Treasury
Bill
0
.000
04/04/24
12,984
20,000,000
United
States
Treasury
Bill
0
.000
04/09/24
19,977
35,000,000
United
States
Treasury
Bill
0
.000
04/16/24
34,923
6,319,000
United
States
Treasury
Bill
0
.000
04/23/24
6,299
15,000,000
United
States
Treasury
Bill
0
.000
04/25/24
14,947
50,000,000
United
States
Treasury
Bill
0
.000
05/02/24
49,773
137
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
RATE
MATURITY
DATE
VALUE
(000)
$
18,573,000
United
States
Treasury
Bill
0
.000
%
05/07/24
$
18,476
5,000,000
United
States
Treasury
Bill
0
.000
05/09/24
4,972
TOTAL
TREASURY
DEBT
175,349
TOTAL
SHORT-TERM
INVESTMENTS
271,448
(Cost
$271,419)
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.8%
CERTIFICATE
OF
DEPOSIT
-
0.2%
5,000,000
Australia
and
New
Zealand
Banking
Group
5
.800
07/25/24
5,000
2,000,000
Australia
and
New
Zealand
Banking
Group
5
.880
10/11/24
2,000
45,000,000
BNP
Paribas
Securities
Corp
5
.310
04/01/24
45,000
5,000,000
Canadian
Imperial
Bank
of
Commerce
6
.030
04/01/24
5,000
10,000,000
Canadian
Imperial
Bank
of
Commerce
5
.930
05/03/24
10,000
5,000,000
Canadian
Imperial
Bank
of
Commerce
5
.800
11/12/24
5,000
5,000,000
Canadian
Imperial
Bank
of
Commerce
5
.500
12/06/24
5,000
5,000,000
Citibank
NA
5
.920
07/29/24
5,000
5,000,000
Citibank
NA
5
.920
08/07/24
5,000
10,000,000
Citibank
NA
5
.740
08/21/24
10,000
5,000,000
Citibank
NA
6
.010
09/19/24
5,000
44,803,000
Credit
Agricole
Cib
5
.310
04/01/24
44,803
5,000,000
ING
US
Funding
LLC
5
.620
02/10/25
5,000
5,000,000
Lloyds
Bank
PLC
5
.610
12/16/24
5,000
5,000,000
MUFG
Bank
Ltd
5
.710
04/12/24
5,000
5,000,000
MUFG
Bank
Ltd
5
.720
05/02/24
5,000
10,000,000
MUFG
Bank
Ltd
5
.730
05/16/24
10,000
5,000,000
MUFG
BK
LTD
5
.500
08/22/24
5,000
5,000,000
National
Australia
Bank
Ltd
5
.510
10/01/24
5,000
10,000,000
Natixis
SA
5
.730
08/19/24
10,000
5,000,000
Nordea
Bank
AB
publ
5
.850
04/05/24
5,000
5,000,000
Nordea
Bank
AB
publ
5
.800
07/24/24
5,000
5,000,000
Royal
Bank
of
Canada
5
.770
07/02/24
5,000
45,000,000
Skandinaviska
Enskilda
Banken
5
.300
04/01/24
45,000
5,000,000
Skandinaviska
Enskilda
Banken
AG
5
.840
04/12/24
5,000
TOTAL
CERTIFICATE
OF
DEPOSIT
261,803
COMMERCIAL
PAPER
-
0.0%
4,250,000
Australia
and
New
Zealand
Banking
Group
0
.000
04/18/24
4,239
5,000,000
DNB
Bank
ASA
0
.000
05/20/24
4,961
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
5,000
5,000,000
ING
US
Funding
LLC
0
.000
07/25/24
4,910
10,000,000
National
Bank
of
Canada
0
.000
08/16/24
9,791
TOTAL
COMMERCIAL
PAPER
38,901
REPURCHASE
AGREEMENT
-
0.6%
35,000,000
(h)
Calyon
5
.320
04/01/24
35,000
15,000,000
(i)
Calyon
5
.330
04/01/24
15,000
30,000,000
(j)
Citigroup
5
.340
04/01/24
30,000
50,000,000
(k)
Deutsche
5
.330
04/01/24
50,000
30,000,000
(l)
HSBC
5
.330
04/01/24
30,000
75,000,000
(m)
HSBC
5
.340
04/01/24
75,000
25,000,000
(n)
JP
Morgan
5
.320
04/01/24
25,000
95,000,000
(o)
JP
Morgan
5
.330
04/01/24
95,000
75,000,000
(p)
Merrill
Lynch
5
.330
04/01/24
75,000
5,000,000
(q),(r)
Mizuho
Bank
Ltd
5
.730
04/11/24
5,000
35,000,000
(s)
Nomura
5
.310
04/01/24
35,000
110,000,000
(t)
Royal
Bank
of
Scotland
5
.330
04/01/24
110,000
95,000,000
(u)
Societe
Generale
5
.330
04/01/24
95,000
TOTAL
REPURCHASE
AGREEMENT
675,000
CREF
Stock
Account
March
31,
2024
138
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)
VARIABLE
RATE
SECURITIES
-
0.0%
$
5,000,000
(r)
Mizuho
Bank
Ltd
5
.730
%
04/26/24
$
5,000
TOTAL
VARIABLE
RATE
SECURITIES
5,000
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
980,704
(Cost
$980,704)
TOTAL
INVESTMENTS
-
100.4%
126,129,022
(Cost
$100,734,464)
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.4)%
(
547,758
)
NET
ASSETS
-
100.0%
$125,581,264
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
$1,540,124,131.
(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.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$961,374,371
or
0.8%
of
Total
Investments.
(d)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(e)
Affiliated
holding
(f)
In
bankruptcy
(g)
All
or
a
portion
of
these
securities
have
been
segregated
to
cover
margin
requirements
on
open
futures
contracts.
(h)
Agreement
with
Calyon,
5.320%
dated
3/28/24
to
be
repurchased
at
$35,296,282
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
2.875%
and
maturity
date
6/15/25,
valued
at
$35,700,094.
(i)
Agreement
with
Calyon,
5.330%
dated
3/28/24
to
be
repurchased
at
$15,027,412
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
1.000%
and
maturity
date
7/31/28,
valued
at
$15,300,086.
(j)
Agreement
with
Citigroup,
5.340%
dated
3/28/24
to
be
repurchased
at
$30,112,250
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
4.000%–7.500%
and
maturity
dates
4/20/53–5/20/53,
valued
at
$30,600,835.
(k)
Agreement
with
Deutsche,
5.330%
dated
3/28/24
to
be
repurchased
at
$50,000,000
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.000%
and
maturity
dates
11/15/27–11/15/29,
valued
at
$51,000,000.
(l)
Agreement
with
HSBC,
5.330%
dated
3/28/24
to
be
repurchased
at
$30,000,000
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.000%
and
maturity
date
8/15/31,
valued
at
$30,600,000.
(m)
Agreement
with
HSBC,
5.340%
dated
3/28/24
to
be
repurchased
at
$75,290,417
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
3.000%–7.000%
and
maturity
dates
5/1/33–3/1/54,
valued
at
$76,500,000.
(n)
Agreement
with
JP
Morgan,
5.320%
dated
3/28/24
to
be
repurchased
at
$25,105,087
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
4.500%–7.000%
and
maturity
dates
12/20/53–8/20/63,
valued
at
$25,500,001.
(o)
Agreement
with
JP
Morgan,
5.330%
dated
3/28/24
to
be
repurchased
at
$95,282,012
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.000%–7.000%
and
maturity
dates
8/1/30–12/1/53,
valued
at
$96,900,001.
(p)
Agreement
with
Merrill
Lynch,
5.330%
dated
3/28/24
to
be
repurchased
at
$75,237,229
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.500%–7.000%
and
maturity
dates
7/1/26–2/1/54,
valued
at
$76,500,000.
(q)
Agreement
with
Mizuho
Bank
Ltd,
5.730%
dated
0
to
be
repurchased
at
$5,000,000
on
4/11/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.000%
and
maturity
date
0,
valued
at
$0.
(r)
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.
(s)
Agreement
with
Nomura,
5.310%
dated
3/28/24
to
be
repurchased
at
$35,114,456
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.000%–6.000%
and
maturity
dates
10/1/28–6/20/53,
valued
at
$35,700,007.
(t)
Agreement
with
Royal
Bank
of
Scotland,
5.330%
dated
3/28/24
to
be
repurchased
at
$110,799,356
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.625%–4.250%
and
maturity
dates
4/15/25–12/31/29,
valued
at
$112,200,073.
(u)
Agreement
with
Societe
Generale,
5.330%
dated
3/28/24
to
be
repurchased
at
$96,106,017
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
1.625%–4.625%
and
maturity
dates
10/15/26–5/15/31,
valued
at
$96,900,019.
139
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)
Russell
2000
E-Mini
Index
90‌
06/21/24
 $
9,424‌
$
9,656‌
$
232‌
S&P
500
E-Mini
Index
611‌
06/21/24
158,586‌
162,175‌
3,588‌
S&P
Mid-Cap
400
E-Mini
Index
50‌
06/21/24
14,931‌
15,387‌
457‌
Total
751‌
 $
182,941‌
 $
187,218‌
 $
4,277‌
CREF
Global
Equities
Account
March
31,
2024
Portfolio
of
Investments
140
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
98.8%
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
$16)
SHARES
REFERENCERATE
&
SPREAD
COMMON
STOCKS
-
98.8%
AUSTRALIA
-
1.2%
226,600
AMP
Ltd
173
210,063
APA
Group
1,151
1,957,047
Australia
&
New
Zealand
Banking
Group
Ltd
37,509
42,922
Australian
Stock
Exchange
Ltd
1,857
1,154,198
BHP
Billiton
Ltd
33,372
53,407
Cochlear
Ltd
11,746
361,642
Commonwealth
Bank
of
Australia
28,367
23,859,114
Glencore
plc
130,928
4,480,121
Ingenia
Communities
Group
15,260
512,416
Insurance
Australia
Group
Ltd
2,137
77,788
Macquarie
Group
Ltd
10,118
29,104
Magellan
Financial
Group
Ltd
188
610,631
Medibank
Pvt
Ltd
1,496
294,218
(a)
Megaport
Ltd
2,872
326,262
Mineral
Resources
Ltd
15,053
692,155
National
Australia
Bank
Ltd
15,672
208,332
(a)
Qantas
Airways
Ltd
740
325,760
QBE
Insurance
Group
Ltd
3,851
279,583
Suncorp-Metway
Ltd
2,984
164,809,536
(a),(b)
Tamboran
Resources
Ltd
18,258
807,689
Telstra
Corp
Ltd
2,032
764,168
Westpac
Banking
Corp
12,997
112,847
Woodside
Energy
Group
Ltd
2,249
TOTAL
AUSTRALIA
351,010
AUSTRIA
-
0.0%
12,163
Verbund
AG.
889
TOTAL
AUSTRIA
889
BELGIUM
-
0.2%
274,994
(c)
KBC
Groep
NV
20,617
108,220
(a)
Liberty
Global
Ltd
1,831
242,760
UCB
S.A.
29,968
TOTAL
BELGIUM
52,416
BERMUDA
-
0.1%
69,056
RenaissanceRe
Holdings
Ltd
16,230
TOTAL
BERMUDA
16,230
BRAZIL
-
1.3%
385,700
Ambev
S.A.
961
124,700
Atacadao
S.A.
339
473,600
B3
SA-Brasil
Bolsa
Balcao
1,132
127,991
Banco
Bradesco
S.A.
325
141
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
7,771,901
Banco
Bradesco
S.A.
(Preference)
$
22,097
1,247,000
Banco
BTG
Pactual
S.A.
-
Unit
9,058
70,532
Banco
do
Brasil
S.A.
796
26,000
Banco
Santander
Brasil
S.A.
148
153,200
BB
Seguridade
Participacoes
S.A.
993
124,600
(a)
Caixa
Seguridade
Participacoes
S
388
54,100
Centrais
Eletricas
Brasileiras
S.A.
503
262,673
Centrais
Eletricas
Brasileiras
S.A.
2,184
187,300
Cia
de
Concessoes
Rodoviarias
516
74,500
Cia
de
Saneamento
Basico
do
Estado
de
Sao
Paulo
1,258
299,213
Cia
Energetica
de
Minas
Gerais
749
248,500
Cia
Paranaense
de
Energia
477
48,800
Cia
Siderurgica
Nacional
S.A.
153
2,296,738
Companhia
Vale
do
Rio
Doce
(ADR)
27,997
262,168
Cosan
SA
Industria
e
Comercio
847
48,200
CPFL
Energia
S.A.
335
54,359
Energisa
S.A.
519
105,100
(a)
Eneva
S.A.
267
37,450
Engie
Brasil
Energia
S.A.
301
219,289
Equatorial
Energia
S.A.
1,423
154,355
Gerdau
S.A.
(Preference)
683
654,157
(a),(d)
Hapvida
Participacoes
e
Investimentos
S.A.
483
29,600
Hypera
S.A.
194
435,562
Investimentos
Itau
S.A.
-
PR
912
12,564,019
Itau
Unibanco
Holding
S.A.
86,776
157,600
Klabin
S.A.
794
1,374,163
Localiza
Rent
A
Car
14,982
195,192
Lojas
Renner
S.A.
661
290,034
(a)
Magazine
Luiza
S.A.
104
60,270
(a)
Mercadolibre,
Inc
91,126
192,895
Natura
&
Co
Holding
S.A.
688
1,924,684
(a)
NU
Holdings
Ltd
22,961
1,826,800
Petro
Rio
S.A.
17,753
856,800
Petroleo
Brasileiro
S.A.
6,539
1,086,038
Petroleo
Brasileiro
S.A.
(Preference)
8,090
270,644
Raia
Drogasil
S.A.
1,477
91,029
(d)
Rede
D'Or
Sao
Luiz
S.A.
459
272,900
Rumo
S.A.
1,211
288,359
Sendas
Distribuidora
S.A.
846
910,058
(a)
StoneCo
Ltd
15,116
170,022
Suzano
SA
2,169
92,700
Telefonica
Brasil
S.A.
935
190,500
TIM
S.A.
676
113,500
TOTVS
S.A.
642
167,900
Ultrapar
Participacoes
S.A.
953
957,464
Vale
S.A.
11,613
248,000
Vibra
Energia
S.A.
1,237
362,120
WEG
S.A.
2,758
253,428
XP,
Inc
6,503
TOTAL
BRAZIL
373,107
CANADA
-
2.2%
91,951
Agnico-Eagle
Mines
Ltd
5,483
1,159,787
Alimentation
Couche-Tard,
Inc
66,194
435,615
Bank
of
Montreal
42,531
268,985
Bank
of
Nova
Scotia
13,914
16,006
Brookfield
Asset
Management
Ltd
672
63,581
(a)
Brookfield
Corp
2,660
423
Brookfield
Reinsurance
Ltd
18
549,118
Cameco
Corp
23,772
197,393
(c)
Canadian
Imperial
Bank
of
Commerce
10,007
276,417
Canadian
National
Railway
Co
36,399
CREF
Global
Equities
Account
March
31,
2024
142
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
200,302
Canadian
Natural
Resources
Ltd
$
15,280
46,340
(c)
CI
Financial
Corp
593
424,911
Dollarama,
Inc
32,370
5,930
Fairfax
Financial
Holdings
Ltd
6,392
14,776
First
Capital
Real
Estate
Investment
Trust
171
41,837
Franco-Nevada
Corp
4,985
61,703
Great-West
Lifeco
Inc
1,973
23,711
iA
Financial
Corp,
Inc
1,473
18,383
(c)
IGM
Financial,
Inc
474
40,758
(c)
Imperial
Oil
Ltd
2,811
31,707
Intact
Financial
Corp
5,151
674,441
(a),(c)
Ivanhoe
Mines
Ltd
8,046
724,647
(a)
Lightspeed
Commerce,
Inc
10,191
430,025
Manulife
Financial
Corp
10,740
74,467
(c)
National
Bank
of
Canada
6,271
1,865,232
(a),(c)
NexGen
Energy
Ltd
14,500
18,457
Onex
Corp
1,383
700,359
(c)
Pan
American
Silver
Corp
(Toronto)
10,558
565,437
Parex
Resources,
Inc
9,033
123,217
(c)
Power
Corp
of
Canada
3,455
127,164
RioCan
Real
Estate
Investment
Trust
1,734
315,594
Royal
Bank
of
Canada
31,831
1,819,794
(a)
Shopify,
Inc
(Class
A)
140,392
129,624
Sun
Life
Financial,
Inc
7,073
459,862
Suncor
Energy,
Inc
16,971
727,912
Teck
Cominco
Ltd
(Class
B)
33,318
38,469
Thomson
Reuters
Corp
5,987
62,470
TMX
Group
Ltd
1,648
393,071
Toronto-Dominion
Bank
23,723
11,896
West
Fraser
Timber
Co
Ltd
1,027
TOTAL
CANADA
611,204
CHILE
-
0.0%
3,689,013
Banco
de
Chile
410
5,867
(a)
Banco
de
Credito
e
Inversiones
168
5,304,714
Banco
Santander
Chile
S.A.
264
288,531
Cencosud
S.A.
500
3,151,319
Cia
Sud
Americana
de
Vapores
S.A.
237
248,391
Empresas
CMPC
S.A.
505
91,695
Empresas
COPEC
S.A.
659
6,305,762
Enel
Chile
S.A.
379
4,602,657
Enersis
S.A.
448
38,412,817
(a)
Lan
Airlines
S.A.
479
182,766
(a)
SACI
Falabella
480
31,150
Sociedad
Quimica
y
Minera
de
Chile
S.A.
(Class
B)
1,520
TOTAL
CHILE
6,049
CHINA
-
1.7%
28,700
360
Finance,
Inc
(ADR)
529
41,200
360
Security
Technology,
Inc
50
35,400
37
Interactive
Entertainment
Network
Technology
Group
Co
Ltd
86
167,000
AAC
Technologies
Holdings,
Inc
561
10,500
Accelink
Technologies
Co
Ltd
56
3,414
ACM
Research
Shanghai,
Inc
40
8,252
Advanced
Micro-Fabrication
Equipment,
Inc
China
171
12,600
AECC
Aero-Engine
Control
Co
Ltd
32
34,000
AECC
Aviation
Power
Co
Ltd
158
13,151,000
Agricultural
Bank
of
China
Ltd
5,551
470,900
Agricultural
Bank
of
China
Ltd
(Class
A)
272
41,899
Aier
Eye
Hospital
Group
Co
Ltd
75
9,700
AIMA
Technology
Group
Co
Ltd
42
55,700
(a)
Air
China
Ltd
56
143
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
148,000
(a)
Air
China
Ltd
(H
shares)
$
72
30,207
Airtac
International
Group
1,047
42,000
(a),(c),(d)
Akeso,
Inc
251
3,368,472
Alibaba
Group
Holding
Ltd
30,460
452,759
(c)
Alibaba
Group
Holding
Ltd
(ADR)
32,762
454,000
(a)
Alibaba
Health
Information
Technology
Ltd
185
326,000
Aluminum
Corp
of
China
Ltd
208
569,900
Aluminum
Corp
of
China
Ltd
(Class
A)
561
4,321
Amlogic
Shanghai
Co
Ltd
29
6,400
Angel
Yeast
Co
Ltd
26
108,500
Anhui
Conch
Cement
Co
Ltd
225
20,000
Anhui
Conch
Cement
Co
Ltd
(Class
A)
61
28,800
Anhui
Gujing
Distillery
Co
Ltd
405
5,400
Anhui
Gujing
Distillery
Co
Ltd
(Class
A)
196
29,500
(a)
Anhui
Jianghuai
Automobile
Group
Corp
Ltd
69
9,100
Anhui
Kouzi
Distillery
Co
Ltd
51
9,800
Anhui
Yingjia
Distillery
Co
Ltd
88
4,900
Anker
Innovations
Technology
Co
Ltd
52
107,200
Anta
Sports
Products
Ltd
1,143
19,200
(a)
Asia-Potash
International
Investment
Guangzhou
Co
Ltd
51
3,916
(a)
ASR
Microelectronics
Co
Ltd
22
1,820
Asymchem
Laboratories
Tianjin
Co
Ltd
22
2,800
Autobio
Diagnostics
Co
Ltd
22
5,700
Autohome,
Inc
(ADR)
149
21,200
Avary
Holding
Shenzhen
Co
Ltd
69
6,200
AVIC
Industry-Finance
Holdings
Co
Ltd
3
88,000
AviChina
Industry
&
Technology
Co
Ltd
35
5,600
AVICOPTER
plc
32
80,700
(a)
BAIC
BluePark
New
Energy
Technology
Co
Ltd
85
488,516
(a)
Baidu,
Inc
6,431
106,000
Bank
of
Beijing
Co
Ltd
83
76,800
Bank
of
Changsha
Co
Ltd
82
18,800
Bank
of
Chengdu
Co
Ltd
35
215,500
Bank
of
China
Ltd
-
A
131
17,911,000
Bank
of
China
Ltd
-
H
7,344
233,300
Bank
of
Communications
Co
Ltd
-
A
202
804,000
Bank
of
Communications
Co
Ltd
-
H
529
29,400
Bank
of
Hangzhou
Co
Ltd
45
94,880
Bank
of
Jiangsu
Co
Ltd
103
44,300
Bank
of
Nanjing
Co
Ltd
55
33,500
Bank
of
Ningbo
Co
Ltd
97
64,522
Bank
of
Shanghai
Co
Ltd
60
73,500
Bank
of
Suzhou
Co
Ltd
73
806,705
Baoshan
Iron
&
Steel
Co
Ltd
723
56,700
(a)
BeiGene
Ltd
682
65,200
Beijing
Dabeinong
Technology
Group
Co
Ltd
44
44,600
Beijing
Enlight
Media
Co
Ltd
64
48,500
Beijing
Enterprises
Holdings
Ltd
141
342,000
Beijing
Enterprises
Water
Group
Ltd
76
5,997
Beijing
Kingsoft
Office
Software,
Inc
248
23,500
Beijing
New
Building
Materials
plc
93
6,000
Beijing
Oriental
Yuhong
Waterproof
Technology
Co
Ltd
13
580
Beijing
Roborock
Technology
Co
Ltd
27
8,000
Beijing
Tiantan
Biological
Products
Corp
Ltd
28
6,900
Beijing
Tongrentang
Co
Ltd
40
2,760
Beijing
Wantai
Biological
Pharmacy
Enterprise
Co
Ltd
26
44,500
Beijing
Yanjing
Brewery
Co
Ltd
57
250,100
Beijing-Shanghai
High
Speed
Railway
Co
Ltd
173
81,600
(a)
Beiqi
Foton
Motor
Co
Ltd
31
3,200
Bethel
Automotive
Safety
Systems
Co
Ltd
24
15,300
(a),(c)
Bilibili,
Inc
174
1,770
Bloomage
Biotechnology
Corp
Ltd
14
CREF
Global
Equities
Account
March
31,
2024
144
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
18,700
(d)
BOC
Aviation
Ltd
$
144
820,000
BOC
Hong
Kong
Holdings
Ltd
2,199
14,900
BOC
International
China
Co
Ltd
21
637,100
BOE
Technology
Group
Co
Ltd
355
906,000
Bosideng
International
Holdings
Ltd
453
708,000
Brilliance
China
Automotive
Holdings
Ltd
489
24,300
BYD
Co
Ltd
701
231,500
BYD
Co
Ltd
(H
shares)
5,928
181,000
BYD
Electronic
International
Co
Ltd
668
22,060
By-health
Co
Ltd
51
163,000
C&D
International
Investment
Group
Ltd
285
30,030
Caitong
Securities
Co
Ltd
31
5,721
(a)
Cambricon
Technologies
Corp
Ltd
141
6,760
Canmax
Technologies
Co
Ltd
18
5,731
Cathay
Biotech,
Inc
35
76,800
CECEP
Solar
Energy
Co
Ltd
55
1,033,000
(d)
CGN
Power
Co
Ltd
306
326,400
CGN
Power
Co
Ltd
180
2,000
Changchun
High
&
New
Technology
Industry
Group,
Inc
34
24,000
Changjiang
Securities
Co
Ltd
17
3,000
Changzhou
Xingyu
Automotive
Lighting
Systems
Co
Ltd
59
22,100
Chaozhou
Three-Circle
Group
Co
Ltd
76
7,700
Chengxin
Lithium
Group
Co
Ltd
20
5,500
(a)
Chifeng
Jilong
Gold
Mining
Co
Ltd
11
35,100
China
Baoan
Group
Co
Ltd
51
854,000
China
Cinda
Asset
Management
Co
Ltd
71
7,487,000
China
Citic
Bank
3,994
553,000
China
Coal
Energy
Co
539
224,000
China
Communications
Services
Corp
Ltd
105
73,000
China
Construction
Bank
Corp
-
A
69
21,334,000
China
Construction
Bank
Corp
-
H
12,874
61,000
China
CSSC
Holdings
Ltd
292
75,900
(a)
China
Eastern
Airlines
Corp
Ltd
38
480,900
China
Energy
Engineering
Corp
Ltd
140
278,300
China
Everbright
Bank
Co
Ltd
-
A
120
407,000
China
Everbright
Bank
Co
Ltd
-
H
117
889,000
(d)
China
Feihe
Ltd
418
24,800
China
Film
Co
Ltd
42
324,000
China
Galaxy
Securities
Co
Ltd
159
24,500
China
Galaxy
Securities
Co
Ltd
(Class
A)
40
228,400
China
Gas
Holdings
Ltd
206
29,700
China
Great
Wall
Securities
Co
Ltd
30
27,400
China
Greatwall
Technology
Group
Co
Ltd
37
203,500
(c)
China
Hongqiao
Group
Ltd
229
413,800
China
Insurance
International
Holdings
Co
Ltd
363
124,400
(d)
China
International
Capital
Corp
Ltd
148
9,100
China
International
Capital
Corp
Ltd
40
19,429
China
Jushi
Co
Ltd
28
1,744,000
China
Life
Insurance
Co
Ltd
2,097
42,000
China
Life
Insurance
Co
Ltd
(Class
A)
166
31,800
(a),(d)
China
Literature
Ltd
107
773,000
China
Longyuan
Power
Group
Corp
Ltd
542
112,000
China
Medical
System
Holdings
Ltd
118
262,000
China
Mengniu
Dairy
Co
Ltd
564
2,326,500
China
Merchants
Bank
Co
Ltd
9,221
555,900
China
Merchants
Bank
Co
Ltd
(Class
A)
2,480
179,400
China
Merchants
Energy
Shipping
Co
Ltd
191
53,300
China
Merchants
Expressway
Network
&
Technology
Holdings
Co
Ltd
83
133,426
China
Merchants
Holdings
International
Co
Ltd
160
36,020
China
Merchants
Securities
Co
Ltd
69
125,000
China
Merchants
Shekou
Industrial
Zone
Holdings
Co
Ltd
167
192,400
China
Minsheng
Banking
Corp
Ltd
-
A
108
145
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
633,300
China
Minsheng
Banking
Corp
Ltd
-
H
$
219
1,401,000
China
Molybdenum
Co
Ltd
1,193
234,000
China
Molybdenum
Co
Ltd
(Class
A)
265
328,000
China
National
Building
Material
Co
Ltd
113
32,900
China
National
Chemical
Engineering
Co
Ltd
30
6,100
China
National
Medicines
Corp
Ltd
27
94,300
China
National
Nuclear
Power
Co
Ltd
117
16,200
China
Northern
Rare
Earth
Group
High-Tech
Co
Ltd
43
660,000
China
Oilfield
Services
Ltd
760
808,435
China
Overseas
Land
&
Investment
Ltd
1,167
45,000
China
Overseas
Property
Holdings
Ltd
25
98,600
China
Pacific
Insurance
Group
Co
Ltd
-
A
309
620,200
China
Pacific
Insurance
Group
Co
Ltd
-
H
1,088
413,000
(c)
China
Power
International
Development
Ltd
170
102,500
China
Railway
Group
Ltd
-
A
97
353,000
China
Railway
Group
Ltd
-
H
175
130,799
China
Railway
Signal
&
Communication
Corp
Ltd
99
17,300
China
Rare
Earth
Resources
And
Technology
Co
Ltd
65
138,000
China
Resources
Beer
Holdings
Company
Ltd
637
82,300
China
Resources
Gas
Group
Ltd
263
734,836
China
Resources
Land
Ltd
2,331
14,660
China
Resources
Microelectronics
Ltd
80
169,000
(d)
China
Resources
Mixc
Lifestyle
Services
Ltd
536
133,000
(d)
China
Resources
Pharmaceutical
Group
Ltd
85
162,000
China
Resources
Power
Holdings
Co
378
4,700
China
Resources
Sanjiu
Medical
&
Pharmaceutical
Co
Ltd
34
1,248,000
(a),(c)
China
Ruyi
Holdings
Ltd
318
114,000
China
Shenhua
Energy
Co
Ltd
-
A
610
800,500
China
Shenhua
Energy
Co
Ltd
-
H
3,149
126,000
(c)
China
Shipping
Development
Co
Ltd
131
46,700
(a)
China
Southern
Airlines
Co
Ltd
(Class
A)
36
224,800
China
State
Construction
Engineering
Corp
Ltd
162
162,000
China
State
Construction
International
Holdings
Ltd
177
418,800
China
Three
Gorges
Renewables
Group
Co
Ltd
271
26,900
(c),(d)
China
Tourism
Group
Duty
Free
Corp
Ltd
269
23,925
China
Tourism
Group
Duty
Free
Corp
Ltd
286
4,094,000
(d)
China
Tower
Corp
Ltd
471
583,700
(c)
China
Vanke
Co
Ltd
405
139,400
China
Vanke
Co
Ltd
(Class
A)
178
80,500
China
XD
Electric
Co
Ltd
60
129,300
China
Yangtze
Power
Co
Ltd
445
5,400
China
Zhenhua
Group
Science
&
Technology
Co
Ltd
41
114,140
China
Zheshang
Bank
Co
Ltd
46
5,000
Chongqing
Brewery
Co
Ltd
45
17,154
Chongqing
Changan
Automobile
Co
Ltd
41
231,700
Chongqing
Rural
Commercial
Bank
Co
Ltd
149
10,200
(a)
Chongqing
Taiji
Industry
Group
Co
Ltd
48
10,950
Chongqing
Zhifei
Biological
Products
Co
Ltd
69
492,200
Chow
Tai
Fook
Jewellery
Group
Ltd
727
540,000
Citic
Pacific
Ltd
520
156,774
CITIC
Securities
Co
Ltd
259
64,870
CITIC
Securities
Co
Ltd
(Class
A)
174
4,800
CNGR
Advanced
Material
Co
Ltd
34
111,700
CNPC
Capital
Co
Ltd
87
97,330
Contemporary
Amperex
Technology
Co
Ltd
2,545
140,445
(c)
COSCO
Pacific
Ltd
77
147,500
COSCO
SHIPPING
Development
Co
Ltd
47
69,900
COSCO
SHIPPING
Energy
Transportation
Co
Ltd
154
189,260
COSCO
SHIPPING
Holdings
Co
Ltd
-
A
272
641,650
COSCO
SHIPPING
Holdings
Co
Ltd
-
H
676
2,908,000
(c),(e)
Country
Garden
Holdings
Co
Ltd
135
501,000
Country
Garden
Services
Holdings
Co
Ltd
322
CREF
Global
Equities
Account
March
31,
2024
146
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
18,800
CSC
Financial
Co
Ltd
$
57
17,700
CSPC
Innovation
Pharmaceutical
Co
Ltd
91
1,654,880
CSPC
Pharmaceutical
Group
Ltd
1,303
21,700
CSSC
Science
&
Technology
Co
Ltd
47
93,600
Daqin
Railway
Co
Ltd
95
14,049
DaShenLin
Pharmaceutical
Group
Co
Ltd
41
169,500
Datang
International
Power
Generation
Co
Ltd
67
6,200
Dong-E-E-Jiao
Co
Ltd
52
39,000
Dongfang
Electric
Corp
Ltd
83
680,000
Dongfeng
Motor
Group
Co
Ltd
284
11,300
Dongxing
Securities
Co
Ltd
12
101,000
(a),(c),(d)
East
Buy
Holding
Ltd
269
79,006
East
Money
Information
Co
Ltd
141
3,500
Eastroc
Beverage
Group
Co
Ltd
91
5,000
Ecovacs
Robotics
Co
Ltd
25
4,400
Empyrean
Technology
Co
Ltd
49
66,700
ENN
Energy
Holdings
Ltd
519
35,900
ENN
Natural
Gas
Co
Ltd
95
9,000
Eoptolink
Technology,
Inc
Ltd
85
8,770
Eve
Energy
Co
Ltd
48
21,000
Everbright
Securities
Co
Ltd
47
105,708
(a)
Everdisplay
Optronics
Shanghai
Co
Ltd
32
41,843
Fangda
Carbon
New
Material
Co
Ltd
28
72,000
Far
East
Horizon
Ltd
53
24,200
FAW
Jiefang
Group
Co
Ltd
30
25,700
First
Capital
Securities
Co
Ltd
19
96,000
(c)
Flat
Glass
Group
Co
Ltd
234
22,500
Flat
Glass
Group
Co
Ltd
90
239,700
Focus
Media
Information
Technology
Co
Ltd
216
57,822
Foshan
Haitian
Flavouring
&
Food
Co
Ltd
317
677,000
Fosun
International
353
38,800
Founder
Securities
Co
Ltd
42
174,628
Foxconn
Industrial
Internet
Co
Ltd
567
2,700
Fu
Jian
Anjoy
Foods
Co
Ltd
31
14,400
Fujian
Sunner
Development
Co
Ltd
31
22,700
Fuyao
Glass
Industry
Group
Co
Ltd
-
A
135
143,800
(d)
Fuyao
Glass
Industry
Group
Co
Ltd
-
H
724
18,268
GalaxyCore,
Inc
42
31,200
(c),(d)
Ganfeng
Lithium
Group
Co
Ltd
96
7,920
Ganfeng
Lithium
Group
Co
Ltd
39
1,805,000
GCL
Technology
Holdings
Ltd
296
90,000
GD
Power
Development
Co
Ltd
62
196,000
(a),(c)
GDS
Holdings
Ltd
(ADR)
1,303
1,358,000
Geely
Automobile
Holdings
Ltd
1,607
67,800
GEM
Co
Ltd
56
92,000
(a),(c)
Genscript
Biotech
Corp
171
90,600
GF
Securities
Co
Ltd
94
31,000
GF
Securities
Co
Ltd
(Class
A)
58
67,400
(a),(c),(d)
Giant
Biogene
Holding
Co
ltd
367
14,700
Giant
Network
Group
Co
Ltd
25
8,872
GigaDevice
Semiconductor,
Inc
89
3,900
Ginlong
Technologies
Co
Ltd
32
44,500
GoerTek,
Inc
97
5,900
Gongniu
Group
Co
Ltd
84
1,960
GoodWe
Technologies
Co
Ltd
27
6,800
Gotion
High-tech
Co
Ltd
19
523,000
(c)
Great
Wall
Motor
Co
Ltd
583
27,800
Great
Wall
Motor
Co
Ltd
88
14,200
Gree
Electric
Appliances,
Inc
of
Zhuhai
77
128,000
Greenland
Holdings
Corp
Ltd
34
39,200
GRG
Banking
Equipment
Co
Ltd
65
18,400
Guangdong
Haid
Group
Co
Ltd
110
147
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
45,900
(a)
Guangdong
HEC
Technology
Holding
Co
Ltd
$
55
252,000
Guangdong
Investments
Ltd
108
246,200
Guanghui
Energy
Co
Ltd
246
59,400
Guangzhou
Automobile
Group
Co
Ltd
73
864,000
Guangzhou
Automobile
Group
Co
Ltd
-
H
355
39,400
Guangzhou
Baiyun
International
Airport
Co
Ltd
55
10,500
Guangzhou
Baiyunshan
Pharmaceutical
Holdings
Co
Ltd
42
34,300
Guangzhou
Haige
Communications
Group,
Inc
Co
50
1,800
Guangzhou
Kingmed
Diagnostics
Group
Co
Ltd
14
4,395
Guangzhou
Shiyuan
Electronic
Technology
Co
Ltd
21
21,800
Guangzhou
Tinci
Materials
Technology
Co
Ltd
66
13,486
Guangzhou
Yuexiu
Capital
Holdings
Group
Co
Ltd
10
12,200
Guolian
Securities
Co
Ltd
19
28,300
Guosen
Securities
Co
Ltd
32
41,000
Guotai
Junan
Securities
Co
Ltd
81
25,790
Guoyuan
Securities
Co
Ltd
23
378,000
(d)
Haidilao
International
Holding
Ltd
855
208,800
Haier
Smart
Home
Co
Ltd
650
30,300
Haier
Smart
Home
Co
Ltd
105
539,600
(a)
Hainan
Airlines
Holding
Co
Ltd
102
145,500
(a)
Hainan
Airport
Infrastructure
Co
Ltd
70
156,000
Haitian
International
Holdings
Ltd
454
263,600
Haitong
Securities
Co
Ltd
126
53,100
Haitong
Securities
Co
Ltd
(Class
A)
64
13,100
Hang
Zhou
Great
Star
Industrial
Co
Ltd
44
43,600
Hangzhou
Binjiang
Real
Estate
Group
Co
Ltd
40
7,800
Hangzhou
Chang
Chuan
Technology
Co
Ltd
34
19,510
Hangzhou
First
Applied
Material
Co
Ltd
76
12,900
Hangzhou
Oxygen
Plant
Group
Co
Ltd
51
13,530
Hangzhou
Robam
Appliances
Co
Ltd
45
14,100
Hangzhou
Silan
Microelectronics
Co
Ltd
38
1,800
Hangzhou
Tigermed
Consulting
Co
Ltd
-
A
13
100,000
(d)
Hansoh
Pharmaceutical
Group
Co
Ltd
198
8,800
Haohua
Chemical
Science
&
Technology
Co
Ltd
40
22,500
Hebei
Yangyuan
Zhihui
Beverage
Co
Ltd
78
19,100
Heilongjiang
Agriculture
Co
Ltd
32
49,900
Henan
Shenhuo
Coal
&
Power
Co
Ltd
134
51,700
Henan
Shuanghui
Investment
&
Development
Co
Ltd
184
164,500
Hengan
International
Group
Co
Ltd
519
22,100
Hengdian
Group
DMEGC
Magnetics
Co
Ltd
44
104,980
Hengli
Petrochemical
Co
Ltd
199
34,700
Hengtong
Optic-electric
Co
Ltd
59
49,430
Hengyi
Petrochemical
Co
Ltd
44
209,900
Hesteel
Co
Ltd
62
21,000
Hisense
Visual
Technology
Co
Ltd
69
2,800
Hithink
RoyalFlush
Information
Network
Co
Ltd
52
79,500
HLA
Corp
Ltd
97
5,860
Hongfa
Technology
Co
Ltd
20
9,500
Hoshine
Silicon
Industry
Co
Ltd
65
850
Hoymiles
Power
Electronics,
Inc
26
141,000
(a),(c),(d)
Hua
Hong
Semiconductor
Ltd
275
41,700
Huadian
Power
International
Corp
Ltd
(Class
A)
39
9,740
Huadong
Medicine
Co
Ltd
41
52,800
Huafon
Chemical
Co
Ltd
48
15,800
Huagong
Tech
Co
Ltd
69
63,700
Huaibei
Mining
Holdings
Co
Ltd
144
9,360
Hualan
Biological
Engineering,
Inc
26
44,300
Huaneng
Power
International,
Inc
-
A
56
342,000
Huaneng
Power
International,
Inc
-
H
202
116,200
(d)
Huatai
Securities
Co
Ltd
133
15,500
Huatai
Securities
Co
Ltd
(Class
A)
30
80,200
Huaxia
Bank
Co
Ltd
72
CREF
Global
Equities
Account
March
31,
2024
148
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
37,700
Huayu
Automotive
Systems
Co
Ltd
$
86
16,983
Huazhu
Group
Ltd
(ADR)
657
4,700
Hubei
Jumpcan
Pharmaceutical
Co
Ltd
24
5,800
Huizhou
Desay
Sv
Automotive
Co
Ltd
101
9,500
Humanwell
Healthcare
Group
Co
Ltd
25
101,600
Hunan
Valin
Steel
Co
Ltd
72
8,412
Hundsun
Technologies,
Inc
26
2,040
Hwatsing
Technology
Co
Ltd
50
27,400
(c),(d)
Hygeia
Healthcare
Holdings
Co
Ltd
112
25,994
Hygon
Information
Technology
Co
Ltd
276
23,431
(a)
iClick
Interactive
Asia
Group
Ltd
(ADR)
93
12,800
Iflytek
Co
Ltd
88
900
Imeik
Technology
Development
Co
Ltd
42
329,900
Industrial
&
Commercial
Bank
of
China
Ltd
-
A
240
14,518,000
Industrial
&
Commercial
Bank
of
China
Ltd
-
H
7,297
105,200
Industrial
Bank
Co
Ltd
237
40,790
Industrial
Securities
Co
Ltd
31
6,300
Ingenic
Semiconductor
Co
Ltd
53
228,300
Inner
Mongolia
BaoTou
Steel
Union
Co
Ltd
50
61,300
Inner
Mongolia
Dian
Tou
Energy
Corp
Ltd
137
137,200
Inner
Mongolia
Junzheng
Energy
&
Chemical
Industry
Group
Co
Ltd
69
90,600
Inner
Mongolia
Yili
Industrial
Group
Co
Ltd
349
286,500
Inner
Mongolia
Yitai
Coal
Co
547
56,900
Inner
Mongolia
Yuan
Xing
Energy
Co
Ltd
44
375,000
(a),(d)
Innovent
Biologics,
Inc
1,809
8,800
Inspur
Electronic
Information
Industry
Co
Ltd
54
37,153
(a)
iQIYI,
Inc
(ADR)
157
452
iRay
Technology
Co
Ltd
14
14,250
(a)
Isoftstone
Information
Technology
Group
Co
Ltd
92
42,300
JA
Solar
Technology
Co
Ltd
102
8,310
Jason
Furniture
Hangzhou
Co
Ltd
42
92,550
(a),(d)
JD
Health
International,
Inc
329
491,600
(a),(d)
JD
Logistics,
Inc
502
1,965,805
JD.com,
Inc
26,965
163,889
JD.com,
Inc
(ADR)
4,489
73,400
Jiangsu
Eastern
Shenghong
Co
Ltd
101
116,000
Jiangsu
Express
119
16,804
Jiangsu
Hengli
Hydraulic
Co
Ltd
117
32,882
Jiangsu
Hengrui
Pharmaceuticals
Co
Ltd
210
16,400
Jiangsu
King's
Luck
Brewery
JSC
Ltd
135
16,000
Jiangsu
Nhwa
Pharmaceutical
Co
Ltd
48
4,800
Jiangsu
Pacific
Quartz
Co
Ltd
60
35,900
Jiangsu
Phoenix
Publishing
&
Media
Corp
Ltd
55
19,300
Jiangsu
Yanghe
Brewery
Joint-Stock
Co
Ltd
264
3,900
Jiangsu
Yangnong
Chemical
Co
Ltd
28
6,400
Jiangsu
Yoke
Technology
Co
Ltd
47
5,200
Jiangsu
Yuyue
Medical
Equipment
&
Supply
Co
Ltd
25
47,500
Jiangsu
Zhongtian
Technology
Co
Ltd
92
97,000
Jiangxi
Copper
Co
Ltd
166
11,158
Jiangxi
Copper
Co
Ltd
(Class
A)
35
23,300
(a)
Jiangxi
Special
Electric
Motor
Co
Ltd
30
57,600
Jinduicheng
Molybdenum
Co
Ltd
89
97,213
Jinko
Solar
Co
Ltd
111
2,900
JiuGui
Liquor
Co
Ltd
23
163,100
Jizhong
Energy
Resources
Co
Ltd
169
283,877
Joincare
Pharmaceutical
Group
Industry
Co
Ltd
426
16,479
Jointown
Pharmaceutical
Group
Co
Ltd
18
9,500
Jonjee
Hi-Tech
Industrial
And
Commercial
Holding
Co
Ltd
33
17,600
Juneyao
Airlines
Co
Ltd
29
48,900
Kanzhun
Ltd
(ADR)
857
54,800
KE
Holdings,
Inc
(ADR)
752
18,700
Keda
Industrial
Group
Co
Ltd
27
176,500
Kingboard
Chemical
Holdings
Ltd
360
229,000
(a)
Kingdee
International
Software
Group
Co
Ltd
259
149
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
35,900
Kingnet
Network
Co
Ltd
$
56
79,600
Kingsoft
Corp
Ltd
246
492,900
(a),(d)
Kuaishou
Technology
3,103
35,200
(a)
Kuang-Chi
Technologies
Co
Ltd
99
6,500
Kunlun
Tech
Co
Ltd
37
16,097
Kweichow
Moutai
Co
Ltd
3,794
37,700
LB
Group
Co
Ltd
96
1,802,000
Lenovo
Group
Ltd
2,088
62,500
Lens
Technology
Co
Ltd
117
1,300
Lepu
Medical
Technology
Beijing
Co
Ltd
2
252,500
(a)
Li
Auto,
Inc
3,834
192,500
Li
Ning
Co
Ltd
514
114,600
Liaoning
Port
Co
Ltd
22
73,400
Lingyi
iTech
Guangdong
Co
55
2,100
Livzon
Pharmaceutical
Group,
Inc
11
461,000
(c),(d)
Longfor
Group
Holdings
Ltd
654
108,889
LONGi
Green
Energy
Technology
Co
Ltd
296
92,109
Luxshare
Precision
Industry
Co
Ltd
379
19,700
Luzhou
Laojiao
Co
Ltd
505
25,790
Mango
Excellent
Media
Co
Ltd
87
6,008
Maxscend
Microelectronics
Co
Ltd
84
53,900
Meihua
Holdings
Group
Co
Ltd
75
18,800
(a)
Meinian
Onehealth
Healthcare
Holdings
Co
Ltd
13
1,347,590
(a),(d)
Meituan
16,635
85,700
Metallurgical
Corp
of
China
Ltd
41
4,721
MGI
Tech
Co
Ltd
39
47,800
Midea
Group
Co
Ltd
427
27,400
Ming
Yang
Smart
Energy
Group
Ltd
36
83,400
MINISO
Group
Holding
Ltd
431
13,652
Montage
Technology
Co
Ltd
88
73,444
Muyuan
Foods
Co
Ltd
427
7,265
Nanjing
King-Friend
Biochemical
Pharmaceutical
Co
Ltd
11
18,200
Nanjing
Securities
Co
Ltd
19
114,452
NARI
Technology
Co
Ltd
382
13,128
(a)
National
Silicon
Industry
Group
Co
Ltd
24
7,000
NAURA
Technology
Group
Co
Ltd
297
712,395
NetEase,
Inc
14,762
30,800
New
China
Life
Insurance
Co
Ltd
-
A
129
230,900
New
China
Life
insurance
Co
Ltd
-
H
409
59,600
(a)
New
Hope
Liuhe
Co
Ltd
77
327,040
(a)
New
Oriental
Education
&
Technology
Group,
Inc
2,858
18,700
Ninestar
Corp
59
4,860
Ningbo
Deye
Technology
Co
Ltd
63
16,300
Ningbo
Joyson
Electronic
Corp
38
8,800
Ningbo
Orient
Wires
&
Cables
Co
Ltd
54
23,200
Ningbo
Sanxing
Medical
Electric
Co
Ltd
88
28,200
Ningbo
Shanshan
Co
Ltd
46
12,300
Ningbo
Tuopu
Group
Co
Ltd
109
106,000
Ningxia
Baofeng
Energy
Group
Co
Ltd
230
298,030
(a)
NIO,
Inc
(ADR)
1,341
464,200
(c),(d)
Nongfu
Spring
Co
Ltd
2,509
78,500
(a)
Offcn
Education
Technology
Co
Ltd
32
156,900
Offshore
Oil
Engineering
Co
Ltd
139
47,500
(a)
OFILM
Group
Co
Ltd
66
5,840
Oppein
Home
Group,
Inc
52
46,728
Orient
Securities
Co
Ltd
53
61,700
Oriental
Pearl
Group
Co
Ltd
62
119,700
(a)
Pangang
Group
Vanadium
Titanium
&
Resources
Co
Ltd
50
279,145
(a)
PDD
Holdings,
Inc
(ADR)
32,451
18,400
People.cn
Co
Ltd
68
2,500,000
People's
Insurance
Co
Group
of
China
Ltd
799
184,900
People's
Insurance
Co
Group
of
China
Ltd
(Class
A)
131
11,200
Perfect
World
Co
Ltd
16
7,425
Pharmaron
Beijing
Co
Ltd
-
A
21
CREF
Global
Equities
Account
March
31,
2024
150
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
1,580,000
PICC
Property
&
Casualty
Co
Ltd
$
2,085
94,200
Ping
An
Bank
Co
Ltd
137
1,504,203
Ping
An
Insurance
Group
Co
of
China
Ltd
6,386
147,900
Ping
An
Insurance
Group
Co
of
China
Ltd
(Class
A)
834
2,587
Piotech,
Inc
67
171,400
Poly
Developments
and
Holdings
Group
Co
Ltd
222
109,800
(d)
Pop
Mart
International
Group
Ltd
404
161,100
Postal
Savings
Bank
of
China
Co
Ltd
-
A
106
694,000
(d)
Postal
Savings
Bank
of
China
Co
Ltd
-
H
363
73,900
Power
Construction
Corp
of
China
Ltd
51
6,033
(a)
Qi
An
Xin
Technology
Group,
Inc
26
76,400
(a)
Qinghai
Salt
Lake
Industry
Co
Ltd
168
20,100
Range
Intelligent
Computing
Technology
Group
Co
Ltd
84
16,500
Risen
Energy
Co
Ltd
34
3,500
Rockchip
Electronics
Co
Ltd
24
126,850
Rongsheng
Petrochemical
Co
Ltd
191
116,600
SAIC
Motor
Corp
Ltd
241
31,700
Sailun
Group
Co
Ltd
64
67,500
Sanan
Optoelectronics
Co
Ltd
114
2,500
Sangfor
Technologies,
Inc
22
259,000
Sany
Heavy
Equipment
International
Holdings
Co
Ltd
167
116,200
Sany
Heavy
Industry
Co
Ltd
232
45,573
Satellite
Chemical
Co
Ltd
108
28,600
SDIC
Capital
Co
Ltd
25
44,200
SDIC
Power
Holdings
Co
Ltd
91
24,300
Seazen
Holdings
Co
Ltd
33
21,000
(a)
Seres
Group
Co
Ltd
264
26,600
SF
Holding
Co
Ltd
134
6,070
SG
Micro
Corp
54
165,000
Shaanxi
Coal
Industry
Co
Ltd
571
97,700
Shan
XI
Hua
Yang
Group
New
Energy
Co
Ltd
124
17,320
Shandong
Gold
Mining
Co
Ltd
-
A
63
67,250
(d)
Shandong
Gold
Mining
Co
Ltd
-
H
137
10,000
Shandong
Himile
Mechanical
Science
&
Technology
Co
Ltd
49
43,450
Shandong
Hualu
Hengsheng
Chemical
Co
Ltd
152
11,800
Shandong
Linglong
Tyre
Co
Ltd
34
57,200
Shandong
Nanshan
Aluminum
Co
Ltd
27
36,500
Shandong
Sun
Paper
Industry
JSC
Ltd
71
198,400
Shandong
Weigao
Group
Medical
Polymer
Co
Ltd
124
24,080
Shanghai
Aiko
Solar
Energy
Co
Ltd
46
8,732
Shanghai
Bairun
Investment
Holding
Group
Co
Ltd
22
6,915
Shanghai
Baosight
Software
Co
Ltd
37
153,144
Shanghai
Baosight
Software
Co
Ltd
311
51,300
Shanghai
Construction
Group
Co
Ltd
17
211,500
Shanghai
Electric
Group
Co
Ltd
123
15,300
Shanghai
Electric
Power
Co
Ltd
18
8,500
Shanghai
Fosun
Pharmaceutical
Group
Co
Ltd
-
A
27
38,500
Shanghai
Fosun
Pharmaceutical
Group
Co
Ltd
-
H
63
1,482
Shanghai
Friendess
Electronic
Technology
Corp
Ltd
58
17,800
(a)
Shanghai
International
Airport
Co
Ltd
88
22,500
Shanghai
International
Port
Group
Co
Ltd
17
9,400
Shanghai
Jinjiang
International
Hotels
Development
Co
Ltd
37
4,232
(a)
Shanghai
Junshi
Biosciences
Co
Ltd
16
1,880
Shanghai
Lingang
Holdings
Corp
Ltd
3
9,700
Shanghai
M&G
Stationery,
Inc
48
6,100
Shanghai
Moons'
Electric
Co
Ltd
50
16,300
Shanghai
Pharmaceuticals
Holding
Co
Ltd
-
A
38
69,600
Shanghai
Pharmaceuticals
Holding
Co
Ltd
-
H
101
139,700
Shanghai
Pudong
Development
Bank
Co
Ltd
139
21,136
Shanghai
Putailai
New
Energy
Technology
Co
Ltd
56
21,200
Shanghai
RAAS
Blood
Products
Co
Ltd
21
178,800
Shanghai
Rural
Commercial
Bank
Co
Ltd
164
10,182
Shanghai
United
Imaging
Healthcare
Co
Ltd
185
67,500
Shanghai
Yuyuan
Tourist
Mart
Group
Co
Ltd
56
151
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
21,500
Shanghai
Zhangjiang
High-Tech
Park
Development
Co
Ltd
$
60
36,000
Shanxi
Coal
International
Energy
Group
Co
Ltd
84
68,779
Shanxi
Lu'an
Environmental
Energy
Development
Co
Ltd
191
46,600
(a)
Shanxi
Meijin
Energy
Co
Ltd
41
74,700
Shanxi
Taigang
Stainless
Steel
Co
Ltd
37
16,380
Shanxi
Xinghuacun
Fen
Wine
Factory
Co
Ltd
556
125,770
Shanxi
Xishan
Coal
&
Electricity
Power
Co
Ltd
178
3,500
Shede
Spirits
Co
Ltd
38
46,300
Shenergy
Co
Ltd
49
29,600
Shengyi
Technology
Co
Ltd
72
4,680
Shennan
Circuits
Co
Ltd
57
116,200
Shenwan
Hongyuan
Group
Co
Ltd
71
9,280
Shenzhen
Capchem
Technology
Co
Ltd
44
28,300
Shenzhen
Energy
Group
Co
Ltd
27
6,100
Shenzhen
Goodix
Technology
Co
Ltd
49
17,100
Shenzhen
Inovance
Technology
Co
Ltd
143
11,260
Shenzhen
Investment
Holdings
Bay
Area
Development
Co
Ltd
2
4,640
Shenzhen
Kangtai
Biological
Products
Co
Ltd
14
2,900
Shenzhen
Kedali
Industry
Co
Ltd
33
6,200
Shenzhen
Mindray
Bio-Medical
Electronics
Co
Ltd
240
3,200
Shenzhen
New
Industries
Biomedical
Engineering
Co
Ltd
30
112,300
Shenzhen
Overseas
Chinese
Town
Co
Ltd
43
6,000
Shenzhen
Salubris
Pharmaceuticals
Co
Ltd
24
4,600
Shenzhen
SC
New
Energy
Technology
Corp
38
12,500
Shenzhen
SED
Industry
Co
Ltd
32
11,081
Shenzhen
Transsion
Holdings
Co
Ltd
251
11,200
Shenzhen
YUTO
Packaging
Technology
Co
Ltd
38
183,400
Shenzhou
International
Group
Holdings
Ltd
1,741
8,380
Shijiazhuang
Yiling
Pharmaceutical
Co
Ltd
23
77,900
Sichuan
Changhong
Electric
Co
Ltd
59
23,700
Sichuan
Chuantou
Energy
Co
Ltd
54
129,700
Sichuan
Hebang
Biotechnology
Co
Ltd
41
353,500
Sichuan
Kelun
Pharmaceutical
Co
Ltd
1,480
107,100
Sichuan
Road
and
Bridge
Group
Co
Ltd
110
5,100
Sichuan
Swellfun
Co
Ltd
34
11,000
Sieyuan
Electric
Co
Ltd
89
71,000
Silergy
Corp
726
18,700
Sinolink
Securities
Co
Ltd
22
41,000
Sinoma
International
Engineering
Co
64
21,400
Sinoma
Science
&
Technology
Co
Ltd
45
9,668
Sinomine
Resource
Group
Co
Ltd
49
118,800
Sinopharm
Group
Co
Ltd
305
168,500
Sinotruk
Hong
Kong
Ltd
414
6,860
Skshu
Paint
Co
Ltd
31
422,000
(c),(d)
Smoore
International
Holdings
Ltd
360
23,800
Songcheng
Performance
Development
Co
Ltd
34
28,262
SooChow
Securities
Co
Ltd
26
29,700
Southwest
Securities
Co
Ltd
16
4,500
(a)
Spring
Airlines
Co
Ltd
34
1,900
StarPower
Semiconductor
Ltd
38
18,500
Sungrow
Power
Supply
Co
Ltd
264
159,400
Sunny
Optical
Technology
Group
Co
Ltd
816
6,850
Sunresin
New
Materials
Co
Ltd
42
19,300
Sunwoda
Electronic
Co
Ltd
37
20,600
Suzhou
Dongshan
Precision
Manufacturing
Co
Ltd
41
3,224
Suzhou
Maxwell
Technologies
Co
Ltd
48
5,800
Suzhou
TFC
Optical
Communication
Co
Ltd
122
416,252
(a)
TAL
Education
Group
(ADR)
4,724
78,460
TBEA
Co
Ltd
164
285,410
TCL
Technology
Group
Corp
184
51,875
TCL
Zhonghuan
Renewable
Energy
Technology
Co
Ltd
85
2,122,000
Tencent
Holdings
Ltd
82,652
848,804
(a)
Tencent
Music
Entertainment
Group
(ADR)
9,498
5,100
(a)
Thunder
Software
Technology
Co
Ltd
36
CREF
Global
Equities
Account
March
31,
2024
152
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
48,200
Tianfeng
Securities
Co
Ltd
$
19
7,100
Tianjin
712
Communication
&
Broadcasting
Co
Ltd
24
19,200
Tianma
Microelectronics
Co
Ltd
22
71,700
Tianqi
Lithium
Corp
473
51,600
Tianshan
Aluminum
Group
Co
Ltd
46
54,400
Tianshui
Huatian
Technology
Co
Ltd
58
476,000
Tingyi
Cayman
Islands
Holding
Corp
522
102,000
(a)
Tongcheng
Travel
Holdings
Ltd
270
20,400
TongFu
Microelectronics
Co
Ltd
63
25,400
Tongkun
Group
Co
Ltd
47
223,200
Tongling
Nonferrous
Metals
Group
Co
Ltd
121
60,700
Tongwei
Co
Ltd
208
1,500
(a)
Topchoice
Medical
Corp
13
473,000
(d)
Topsports
International
Holdings
Ltd
317
245,000
Travelsky
Technology
Ltd
297
27,449
Trina
Solar
Co
Ltd
90
114,750
(a)
Trip.com
Group
Ltd
5,088
54,100
(a)
Tsinghua
Tongfang
Co
Ltd
49
148,000
Tsingtao
Brewery
Co
Ltd
1,019
9,800
Tsingtao
Brewery
Co
Ltd
(Class
A)
114
10,399
Unigroup
Guoxin
Microelectronics
Co
Ltd
94
39,800
Unisplendour
Corp
Ltd
121
11,200
Universal
Scientific
Industrial
Shanghai
Co
Ltd
21
4,208
(a)
Verisilicon
Microelectronics
Shanghai
Co
Ltd
20
75,865
Vipshop
Holdings
Ltd
(ADR)
1,256
5,800
Walvax
Biotechnology
Co
Ltd
12
31,900
(a)
Wanda
Film
Holding
Co
Ltd
67
44,700
Wanhua
Chemical
Group
Co
Ltd
498
1,104,000
Want
Want
China
Holdings
Ltd
652
171,000
Weichai
Power
Co
Ltd
326
41,500
Weichai
Power
Co
Ltd
(Class
A)
94
9,580
Weihai
Guangwei
Composites
Co
Ltd
40
88,375
Wens
Foodstuffs
Group
Co
Ltd
227
16,000
Western
Mining
Co
Ltd
41
26,400
Western
Securities
Co
Ltd
25
7,014
Western
Superconducting
Technologies
Co
Ltd
36
13,890
Will
Semiconductor
Co
Ltd
189
14,600
Wingtech
Technology
Co
Ltd
74
539,100
(a)
Wintime
Energy
Group
Co
Ltd
99
83,100
Wuchan
Zhongda
Group
Co
Ltd
50
37,518
Wuhan
Guide
Infrared
Co
Ltd
38
19,400
Wuliangye
Yibin
Co
Ltd
411
24,950
WUS
Printed
Circuit
Kunshan
Co
Ltd
105
102,936
WuXi
AppTec
Co
Ltd
-
A
671
30,185
(d)
WuXi
AppTec
Co
Ltd
-
H
143
1,106,000
(a),(d)
Wuxi
Biologics
Cayman,
Inc
2,023
159,600
XCMG
Construction
Machinery
Co
Ltd
137
48,700
Xiamen
C
&
D,
Inc
68
2,400
Xiamen
Faratronic
Co
Ltd
33
19,800
Xiamen
Tungsten
Co
Ltd
53
3,374,200
(a),(d)
Xiaomi
Corp
6,624
20,892
Xinjiang
Daqo
New
Energy
Co
Ltd
78
53,800
Xinjiang
Goldwind
Science
&
Technology
Co
Ltd
-
A
55
404,863
Xinyi
Solar
Holdings
Ltd
314
254,100
(a),(c)
XPeng,
Inc
1,007
274,000
(d)
Yadea
Group
Holdings
Ltd
445
6,300
Yangzhou
Yangjie
Electronic
Technology
Co
Ltd
32
49,500
Yantai
Jereh
Oilfield
Services
Group
Co
Ltd
204
542,000
(c)
Yanzhou
Coal
Mining
Co
Ltd
1,140
76,150
Yanzhou
Coal
Mining
Co
Ltd
(Class
A)
243
14,210
Yealink
Network
Technology
Corp
Ltd
49
12,574
Yifeng
Pharmacy
Chain
Co
Ltd
68
18,500
Yihai
Kerry
Arawana
Holdings
Co
Ltd
77
36,820
(a)
Yintai
Gold
Co
Ltd
86
153
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
143,500
Yonghui
Superstores
Co
Ltd
$
45
6,890
YongXing
Special
Materials
Technology
Co
Ltd
45
17,959
Yonyou
Network
Technology
Co
Ltd
30
22,100
Youngor
Group
Co
Ltd
21
16,800
YTO
Express
Group
Co
Ltd
35
412,360
Yuexiu
Property
Co
Ltd
228
88,467
Yum
China
Holdings,
Inc
3,520
17,180
Yunda
Holding
Co
Ltd
17
19,100
Yunnan
Aluminium
Co
Ltd
36
8,900
Yunnan
Baiyao
Group
Co
Ltd
62
4,200
Yunnan
Botanee
Bio-Technology
Group
Co
Ltd
35
101,800
Yunnan
Chihong
Zinc&Germanium
Co
Ltd
78
11,400
Yunnan
Energy
New
Material
Co
Ltd
64
34,100
Yunnan
Tin
Co
Ltd
68
42,300
Yunnan
Yuntianhua
Co
Ltd
108
206,300
(a),(c)
Zai
Lab
Ltd
335
27,400
Zangge
Mining
Co
Ltd
113
2,800
Zhangzhou
Pientzehuang
Pharmaceutical
Co
Ltd
89
110,500
Zhaojin
Mining
Industry
Co
Ltd
151
98,220
(a)
Zhejiang
Century
Huatong
Group
Co
Ltd
65
44,100
Zhejiang
China
Commodities
City
Group
Co
Ltd
54
27,500
Zhejiang
Chint
Electrics
Co
Ltd
77
46,300
Zhejiang
Dahua
Technology
Co
Ltd
119
7,760
Zhejiang
Dingli
Machinery
Co
Ltd
60
179,880
Zhejiang
Expressway
Co
Ltd
115
9,350
Zhejiang
Huahai
Pharmaceutical
Co
Ltd
17
7,093
Zhejiang
Huayou
Cobalt
Co
Ltd
26
16,000
Zhejiang
Jingsheng
Mechanical
&
Electrical
Co
Ltd
76
39,200
Zhejiang
Juhua
Co
Ltd
127
111,100
(a),(c),(d)
Zhejiang
Leapmotor
Technologies
Ltd
373
46,900
Zhejiang
Longsheng
Group
Co
Ltd
54
16,304
Zhejiang
NHU
Co
Ltd
38
24,800
Zhejiang
Sanhua
Intelligent
Controls
Co
Ltd
82
7,511
Zhejiang
Supcon
Technology
Co
Ltd
48
7,900
Zhejiang
Supor
Co
Ltd
63
18,590
Zhejiang
Weiming
Environment
Protection
Co
Ltd
47
24,100
Zhejiang
Weixing
New
Building
Materials
Co
Ltd
52
208,600
Zhejiang
Zheneng
Electric
Power
Co
Ltd
188
45,500
Zhengzhou
Yutong
Bus
Co
Ltd
118
18,500
Zheshang
Securities
Co
Ltd
29
58,500
(a),(d)
ZhongAn
Online
P&C
Insurance
Co
Ltd
94
11,700
Zhongji
Innolight
Co
Ltd
251
35,600
Zhongjin
Gold
Corp
Ltd
61
203,000
Zhongsheng
Group
Holdings
Ltd
353
65,400
Zhongtai
Securities
Co
Ltd
60
9,447
Zhuzhou
CRRC
Times
Electric
Co
Ltd
58
121,100
Zhuzhou
CSR
Times
Electric
Co
Ltd
384
1,220,000
Zijin
Mining
Group
Co
Ltd
2,444
605,150
Zijin
Mining
Group
Co
Ltd
(Class
A)
1,351
103,300
Zoomlion
Heavy
Industry
Science
and
Technology
Co
Ltd
-
A
115
58,800
ZTE
Corp
223
182,600
ZTE
Corp
(Class
H)
364
35,346
ZTO
Express
Cayman,
Inc
(ADR)
740
TOTAL
CHINA
490,016
COLOMBIA
-
0.0%
20,180
BanColombia
S.A.
179
39,744
BanColombia
S.A.
(Preference)
338
105,813
Interconexion
Electrica
S.A.
ESP
541
TOTAL
COLOMBIA
1,058
CREF
Global
Equities
Account
March
31,
2024
154
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
CZECH
REPUBLIC
-
0.0%
36,585
(c)
CEZ
AS
$
1,306
5,945
Komercni
Banka
AS
213
24,216
(d)
Moneta
Money
Bank
AS
105
TOTAL
CZECH
REPUBLIC
1,624
DENMARK
-
1.4%
109,774
Carlsberg
AS
(Class
B)
15,033
587,623
Danske
Bank
AS
17,638
666,409
GN
Store
Nord
17,626
2,371,420
Novo
Nordisk
A.S.
304,190
75,703
Orsted
AS
4,230
461,524
(a)
Zealand
Pharma
AS
45,714
TOTAL
DENMARK
404,431
EGYPT
-
0.0%
212,287
Commercial
International
Bank
358
262,967
Eastern
Tobacco
150
250,378
(a)
Egyptian
Financial
Group-Hermes
Holding
93
TOTAL
EGYPT
601
FINLAND
-
0.2%
266,715
Kone
Oyj
(Class
B)
12,426
395,356
(a)
Mandatum
Holding
Oy
1,765
791,178
Nordea
Bank
Abp
8,944
1,503,673
(c)
Nordea
Bank
Abp
16,758
395,356
Sampo
Oyj
16,864
TOTAL
FINLAND
56,757
FRANCE
-
2.1%
134,153
Air
Liquide
27,910
898,718
Airbus
SE
165,570
45,956
Arkema
4,838
677,999
BNP
Paribas
S.A.
48,270
443,374
Cie
Generale
des
Etablissements
Michelin
S.C.A
16,992
281,170
Danone
18,176
582,488
Engie
S.A.
9,761
214,689
Essilor
International
S.A.
48,565
8,474
Gecina
S.A.
865
11,403
ICADE
309
122,040
Kering
48,338
149,359
L'Oreal
S.A.
70,732
88,181
LVMH
Moet
Hennessy
Louis
Vuitton
S.A.
79,345
354,073
Orange
S.
A.
4,164
9,112
Pernod-Ricard
S.A.
1,475
119,838
Safran
S.A.
27,140
79,646
Teleperformance
7,736
105,857
Total
S.A.
7,282
118,703
Veolia
Environnement
3,862
TOTAL
FRANCE
591,330
GERMANY
-
1.9%
48,344
Allianz
AG.
14,490
635,826
Aroundtown
S.A.
1,340
146,496
BASF
SE
8,371
303,278
Beiersdorf
AG.
44,156
686,191
(a)
Borussia
Dortmund
GmbH
&
Co
KGaA
2,480
239,069
Brenntag
SE
20,149
40,008
(d)
Covestro
AG.
2,188
105,213
Deutsche
Boerse
AG.
21,547
680,780
Deutsche
Telekom
AG.
16,526
356,818
Dr
ING
hc
F
Porsche
AG.
35,488
155
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
980,465
E.ON
AG.
$
13,650
490,726
HeidelbergCement
AG.
54,020
3,090,159
Infineon
Technologies
AG.
105,082
14,832
LEG
Immobilien
SE
1,274
1,037
OSRAM
Licht
AG.
57
2,051,555
RWE
AG.
69,727
628,492
Siemens
AG.
120,004
199,351
(a),(d)
Siemens
Healthineers
AG.
12,192
150,586
Vonovia
SE
4,450
TOTAL
GERMANY
547,191
GREECE
-
0.0%
176,388
(a)
Alpha
Services
and
Holdings
S.A.
310
210,360
(a)
Eurobank
Ergasias
Services
and
Holdings
S.A.
405
5,760
(a),(e)
FF
Group
0
^
41,126
Hellenic
Telecommunications
Organization
S.A.
607
24,558
JUMBO
S.A.
707
16,198
Motor
Oil
Hellas
Corinth
Refineries
S.A.
483
11,881
Mytilineos
Holdings
S.A.
458
63,098
(a)
National
Bank
of
Greece
S.A.
494
39,032
OPAP
S.A.
702
228,350
(a)
Piraeus
Financial
Holdings
S.A.
954
43,787
(a)
Public
Power
Corp
549
TOTAL
GREECE
5,669
HONG
KONG
-
0.2%
2,510,500
AIA
Group
Ltd
16,887
129,000
Bank
of
East
Asia
Ltd
154
220,000
(a),(c)
Cathay
Pacific
Airways
Ltd
250
107,230
CK
Infrastructure
Holdings
Ltd
628
333,000
CLP
Holdings
Ltd
2,656
845,000
Hang
Lung
Properties
Ltd
869
169,500
Hang
Seng
Bank
Ltd
1,858
315,000
Henderson
Land
Development
Co
Ltd
900
2,115,806
Hong
Kong
&
China
Gas
Ltd
1,604
246,712
Hong
Kong
Electric
Holdings
Ltd
1,445
262,182
Hong
Kong
Exchanges
and
Clearing
Ltd
7,639
529,600
Hongkong
Land
Holdings
Ltd
1,626
382,239
Link
REIT
1,646
368,000
(c)
New
World
Development
Co
Ltd
389
30,000
Orient
Overseas
International
Ltd
359
601,605
Prudential
plc
5,642
866,250
Sino
Biopharmaceutical
Ltd
335
320,500
Sun
Hung
Kai
Properties
Ltd
3,096
78,000
Vinda
International
Holdings
Ltd
234
261,000
Wharf
Real
Estate
Investment
Co
Ltd
850
TOTAL
HONG
KONG
49,067
HUNGARY
-
0.0%
122,125
MOL
Hungarian
Oil
&
Gas
plc
990
17,396
OTP
Bank
Rt
801
35,356
Richter
Gedeon
Rt
897
TOTAL
HUNGARY
2,688
INDIA
-
1.6%
11,644
ABB
Ltd
India
890
38,063
Adani
Enterprises
Ltd
1,464
69,233
(a)
Adani
Green
Energy
Ltd
1,528
115,741
Adani
Ports
&
Special
Economic
Zone
Ltd
1,869
170,107
(a)
Adani
Power
Ltd
1,093
131,777
Ambuja
Cements
Ltd
970
35,651
APL
Apollo
Tubes
Ltd
642
CREF
Global
Equities
Account
March
31,
2024
156
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
44,217
Apollo
Hospitals
Enterprise
Ltd
$
3,375
321,342
Ashok
Leyland
Ltd
661
84,810
Asian
Paints
Ltd
2,894
29,477
Astral
Ltd
705
13,621
(d)
AU
Small
Finance
Bank
Ltd
93
21,109
Aurobindo
Pharma
Ltd
277
35,550
(a),(d)
Avenue
Supermarts
Ltd
1,932
1,109,715
Axis
Bank
Ltd
13,986
15,333
Bajaj
Auto
Ltd
1,687
59,512
Bajaj
Finance
Ltd
5,197
31,427
Bajaj
Finserv
Ltd
622
5,567
Bajaj
Holdings
&
Investment
Ltd
553
15,888
Balkrishna
Industries
Ltd
442
64,295
(d)
Bandhan
Bank
Ltd
139
87,407
Bank
of
Baroda
278
63,048
Berger
Paints
India
Ltd
434
825,748
Bharat
Electronics
Ltd
2,000
54,520
Bharat
Forge
Ltd
740
240,265
Bharat
Heavy
Electricals
Ltd
715
179,094
Bharat
Petroleum
Corp
Ltd
1,297
532,828
Bharti
Airtel
Ltd
7,862
24,231
Britannia
Industries
Ltd
1,427
48,140
CG
Power
&
Industrial
Solutions
Ltd
313
33,887
Cholamandalam
Investment
and
Finance
Co
Ltd
472
170,371
Cipla
Ltd
3,063
379,184
Coal
India
Ltd
1,983
30,827
Colgate-Palmolive
India
Ltd
1,004
55,508
Container
Corp
Of
India
Ltd
589
31,044
Cummins
India
Ltd
1,121
134,592
Dabur
India
Ltd
845
19,839
Divi's
Laboratories
Ltd
821
169,711
DLF
Ltd
1,831
36,853
Dr
Reddy's
Laboratories
Ltd
2,724
29,569
Eicher
Motors
Ltd
1,428
542,738
GAIL
India
Ltd
1,181
537,100
(a)
GMR
Infrastructure
Ltd
527
90,671
Godrej
Consumer
Products
Ltd
1,365
26,173
(a)
Godrej
Properties
Ltd
724
58,245
Grasim
Industries
Ltd
1,602
53,919
Havells
India
Ltd
982
210,720
HCL
Technologies
Ltd
3,918
8,202
(d)
HDFC
Asset
Management
Co
Ltd
370
638,987
HDFC
Bank
Ltd
11,142
478,314
HDFC
Bank
Ltd
(ADR)
26,771
211,824
(d)
HDFC
Life
Insurance
Co
Ltd
1,610
26,839
Hero
Honda
Motors
Ltd
1,524
424,382
Hindalco
Industries
Ltd
2,865
45,933
Hindustan
Aeronautics
Ltd
1,838
68,152
Hindustan
Lever
Ltd
1,854
133,040
Hindustan
Petroleum
Corp
Ltd
760
830,036
ICICI
Bank
Ltd
10,943
53,238
(d)
ICICI
Lombard
General
Insurance
Co
Ltd
1,077
79,336
(d)
ICICI
Prudential
Life
Insurance
Co
Ltd
580
738,909
(a)
IDFC
First
Bank
Ltd
670
189,815
Indian
Hotels
Co
Ltd
1,347
667,402
Indian
Oil
Corp
Ltd
1,347
51,418
Indian
Railway
Catering
&
Tourism
Corp
Ltd
574
71,687
Indraprastha
Gas
Ltd
371
63,773
IndusInd
Bank
Ltd
1,192
15,086
Info
Edge
India
Ltd
1,014
730,755
Infosys
Technologies
Ltd
13,160
33,387
(a),(d)
InterGlobe
Aviation
Ltd
1,423
157
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
252,828
ITC
Ltd
$
1,302
29,560
Jindal
Steel
&
Power
Ltd
303
188,686
JSW
Steel
Ltd
1,884
85,735
Jubilant
Foodworks
Ltd
463
90,916
Kotak
Mahindra
Bank
Ltd
1,953
146,584
Larsen
&
Toubro
Ltd
6,630
292,731
(d)
LTIMindtree
Ltd
17,396
19,566
Lupin
Ltd
380
53,748
(d)
Macrotech
Developers
Ltd
735
580,931
Mahindra
&
Mahindra
Ltd
13,420
113,145
Marico
Ltd
676
31,203
Maruti
Suzuki
India
Ltd
4,724
172,296
Max
Healthcare
Institute
Ltd
1,699
16,102
Mphasis
Ltd
463
532
MRF
Ltd
851
9,441
Muthoot
Finance
Ltd
168
75,050
Nestle
India
Ltd
2,362
225,777
NMDC
Ltd
548
984,960
NTPC
Ltd
3,981
53,205
(a)
One
97
Communications
Ltd
258
1,188
Page
Industries
Ltd
491
21,924
Persistent
Systems
Ltd
1,052
193,907
Petronet
LNG
Ltd
614
19,079
PI
Industries
Ltd
886
33,802
Pidilite
Industries
Ltd
1,223
437,260
(a)
Piramal
Pharma
Ltd
677
10,171
Polycab
India
Ltd
619
330,909
Power
Finance
Corp
Ltd
1,553
1,058,047
Power
Grid
Corp
of
India
Ltd
3,512
501,701
Punjab
National
Bank
752
111,102
REC
Ltd
603
2,343,268
Reliance
Industries
Ltd
83,791
15,752,773
(a)
Reliance
Strategic
Investments
Ltd
66,971
508,889
Samvardhana
Motherson
International
Ltd
718
22,113
SBI
Cards
&
Payment
Services
Ltd
181
101,262
(d)
SBI
Life
Insurance
Co
Ltd
1,828
1,964
Shree
Cement
Ltd
606
22,757
Shriram
Finance
Ltd
645
19,484
Siemens
India
Ltd
1,259
85,461
(d)
Sona
Blw
Precision
Forgings
Ltd
725
32,119
SRF
Ltd
988
151,091
State
Bank
of
India
1,368
325,745
Sun
Pharmaceutical
Industries
Ltd
6,342
14,223
Supreme
Industries
Ltd
723
1,935,985
(a)
Suzlon
Energy
Ltd
942
26,229
Tata
Communications
Ltd
634
199,854
Tata
Consultancy
Services
Ltd
9,328
128,377
Tata
Consumer
Products
Ltd
1,690
7,219
Tata
Elxsi
Ltd
675
368,096
Tata
Motors
Ltd
4,394
326,363
Tata
Power
Co
Ltd
1,545
965,624
Tata
Steel
Ltd
1,811
117,988
Tech
Mahindra
Ltd
1,771
74,523
Titan
Co
Ltd
3,407
52,397
Torrent
Pharmaceuticals
Ltd
1,635
40,107
Trent
Ltd
1,904
23,133
Tube
Investments
of
India
Ltd
1,039
51,023
TVS
Motor
Co
Ltd
1,321
25,853
Ultra
Tech
Cement
Ltd
3,027
334,922
Union
Bank
of
India
619
64,662
United
Spirits
Ltd
881
110,297
UPL
Ltd
604
CREF
Global
Equities
Account
March
31,
2024
158
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
101,558
Varun
Beverages
Ltd
$
1,707
143,707
Vedanta
Ltd
470
293,657
Wipro
Ltd
1,702
1,082,917
(a)
Yes
Bank
Ltd
302
1,341,071
(a)
Zomato
Ltd
2,940
TOTAL
INDIA
447,368
INDONESIA
-
0.2%
3,817,000
Adaro
Energy
Indonesia
Tbk
PT
650
1,442,400
(a)
Amman
Mineral
Internasional
PT
796
1,680,400
Astra
International
Tbk
PT
546
12,089,100
Bank
Central
Asia
Tbk
PT
7,688
13,371,500
Bank
Negara
Indonesia
Persero
Tbk
PT
4,978
82,733,593
Bank
Rakyat
Indonesia
31,635
5,904,297
Barito
Pacific
Tbk
PT
352
1,516,900
Charoen
Pokphand
Indonesia
Tbk
PT
502
178,534,400
(a)
GoTo
Gojek
Tokopedia
Tbk
PT
777
553,500
Indah
Kiat
Pulp
&
Paper
Tbk
PT
334
447,500
Indofood
CBP
Sukses
Makmur
Tbk
PT
327
1,641,400
Kalbe
Farma
Tbk
PT
153
758,249
(a)
Merdeka
Copper
Gold
Tbk
PT
109
553,000
PT
Aneka
Tambang
Tbk
56
3,118,594
PT
Bank
Mandiri
Persero
Tbk
1,419
913,800
PT
Indofood
Sukses
Makmur
Tbk
367
695,433
PT
Semen
Gresik
Persero
Tbk
259
1,547,900
PT
Unilever
Indonesia
Tbk
264
133,500
PT
United
Tractors
Tbk
204
3,821,800
Sarana
Menara
Nusantara
Tbk
PT
207
4,159,700
Sumber
Alfaria
Trijaya
Tbk
PT
764
10,523,000
Telkom
Indonesia
Persero
Tbk
PT
2,315
TOTAL
INDONESIA
54,702
IRELAND
-
0.5%
3,677,634
AIB
Group
plc
18,669
1,218,300
(c)
CRH
plc
105,091
428,877
Keywords
Studios
plc
7,048
493,757
Smurfit
Kappa
Group
plc
22,513
TOTAL
IRELAND
153,321
ISRAEL
-
0.0%
251,752
Bank
Hapoalim
Ltd
2,359
322,121
Bank
Leumi
Le-Israel
2,678
258,072
Israel
Discount
Bank
Ltd
1,335
31,084
Mizrahi
Tefahot
Bank
Ltd
1,165
TOTAL
ISRAEL
7,537
ITALY
-
0.8%
421,320
(c)
Amplifon
S.p.A.
15,358
4,715,684
(c)
Davide
Campari-Milano
NV
47,393
9,070,731
Enel
S.p.A.
59,881
78,652
Ferrari
NV
34,295
636,048
Moncler
S.p.A
47,462
1,858,781
PRADA
S.p.A
14,748
TOTAL
ITALY
219,137
JAPAN
-
6.5%
88,400
Acom
Co
Ltd
235
366
Activia
Properties,
Inc
995
1,533,800
Advantest
Corp
68,136
300
Aeon
Mall
Co
Ltd
4
328,700
Aisin
Seiki
Co
Ltd
13,432
10,208
(c)
All
Nippon
Airways
Co
Ltd
213
159
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
26,200
(c)
Aozora
Bank
Ltd
$
424
98,424
(a),(c)
ARM
Holdings
plc
(ADR)
12,302
595,000
Asahi
Breweries
Ltd
21,848
454,800
Asahi
Intecc
Co
Ltd
7,968
208,179
Asahi
Kasei
Corp
1,527
342,085
Central
Japan
Railway
Co
8,496
37,900
Century
Leasing
System,
Inc
395
117,500
Chiba
Bank
Ltd
978
152,400
Chubu
Electric
Power
Co,
Inc
1,993
227,900
Concordia
Financial
Group
Ltd
1,145
219,400
Daifuku
Co
Ltd
5,259
239,100
Dai-ichi
Life
Holdings,
Inc
6,098
2,578,491
Daiichi
Sankyo
Co
Ltd
82,045
97,131
Daikin
Industries
Ltd
13,262
7,800
Daito
Trust
Construction
Co
Ltd
890
361
Daiwa
House
REIT
Investment
Corp
618
320,300
(a)
Daiwa
Securities
Group,
Inc
2,437
60,600
Disco
Corp
22,151
428,958
East
Japan
Railway
Co
8,230
20,000
Fast
Retailing
Co
Ltd
6,196
38,100
(c)
Fukuoka
Financial
Group,
Inc
1,017
178,499
GMO
Payment
Gateway,
Inc
11,561
2,367,364
(a)
Hitachi
Ltd
216,331
174,200
Hulic
Co
Ltd
1,789
843
Hulic
Reit,
Inc
857
4,143,800
Infomart
Corp
11,320
8
Invincible
Investment
Corp
4
474,900
(c)
Itochu
Corp
20,401
89,600
Japan
Post
Bank
Co
Ltd
963
349,300
Japan
Post
Holdings
Co
Ltd
3,519
49,800
Japan
Post
Insurance
Co
Ltd
952
4
Japan
Retail
Fund
Investment
Corp
2
32,373
JSR
Corp
927
144,000
Kansai
Electric
Power
Co,
Inc
2,055
321,300
KDDI
Corp
9,500
295
Kenedix
Realty
Investment
Corp
314
28,200
Kyoto
Financial
Group,
Inc
509
205,700
Mebuki
Financial
Group,
Inc
676
536,000
Mitsubishi
Corp
12,388
775,700
Mitsubishi
Electric
Corp
12,984
411,473
Mitsubishi
Estate
Co
Ltd
7,508
9,702,200
Mitsubishi
UFJ
Financial
Group,
Inc
98,711
89,200
Mitsubishi
UFJ
Lease
&
Finance
Co
Ltd
622
1,058,200
Mitsui
&
Co
Ltd
49,472
25,950
Mitsui
Fudosan
Co
Ltd
280
1,355
Mitsui
Fudosan
Logistics
Park,
Inc
4,078
295,800
Mitsui
Sumitomo
Insurance
Group
Holdings,
Inc
5,223
534,800
Mizuho
Financial
Group,
Inc
10,576
1,410,800
MonotaRO
Co
Ltd
16,982
320
Mori
Hills
REIT
Investment
Corp
291
953,400
Murata
Manufacturing
Co
Ltd
17,831
2,270,400
Nintendo
Co
Ltd
123,883
130,500
Nippon
Paint
Co
Ltd
939
6,272,800
Nippon
Telegraph
&
Telephone
Corp
7,472
697,200
(a)
Nomura
Holdings,
Inc
4,462
868
Nomura
Real
Estate
Master
Fund,
Inc
858
131,611
Omron
Corp
4,713
1,182,600
Oriental
Land
Co
Ltd
37,885
291,100
ORIX
Corp
6,367
586
Orix
JREIT,
Inc
638
113,000
Osaka
Securities
Exchange
Co
Ltd
3,061
197,300
Otsuka
Holdings
Co
Ltd
8,195
CREF
Global
Equities
Account
March
31,
2024
160
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,889,500
Recruit
Holdings
Co
Ltd
$
82,962
463,700
Resona
Holdings,
Inc
2,858
52,300
SBI
Holdings,
Inc
1,372
155,200
Sekisui
House
Ltd
3,535
2,055,300
Seven
&
I
Holdings
Co
Ltd
29,958
130,700
(c)
Seven
Bank
Ltd
253
356,898
(a)
SHIFT,
Inc
56,880
749,700
Shin-Etsu
Chemical
Co
Ltd
32,883
92,400
Shizuoka
Financial
Group,
Inc
879
24,300
SMC
Corp
13,709
223,200
Sompo
Holdings,
Inc
4,678
1,580,865
Sony
Corp
135,560
3,703
Star
Asia
Investment
Corp
1,427
5,200,700
Sumco
Corp
82,227
89,901
Sumitomo
Heavy
Industries
Ltd
2,831
1,701,301
Sumitomo
Mitsui
Financial
Group,
Inc
99,480
149,800
Sumitomo
Mitsui
Trust
Holdings,
Inc
3,228
20
Sumitomo
Realty
&
Development
Co
Ltd
1
119,100
T&D
Holdings,
Inc
2,070
19,682
Taiyo
Nippon
Sanso
Corp
618
226,100
Takeda
Pharmaceutical
Co
Ltd
6,289
644,897
TechnoPro
Holdings,
Inc
12,916
419,600
Tokio
Marine
Holdings,
Inc
13,153
302,900
(a)
Tokyo
Electric
Power
Co,
Inc
1,841
127,100
Tokyo
Electron
Ltd
33,103
159,900
Tokyo
Gas
Co
Ltd
3,635
282,800
Tokyo
Tatemono
Co
Ltd
4,777
238,301
Toray
Industries,
Inc
1,144
7,283,910
(a)
Toyota
Motor
Corp
184,100
538
United
Urban
Investment
Corp
547
TOTAL
JAPAN
1,824,307
KOREA,
REPUBLIC
OF
-
1.1%
6,228
Amorepacific
Corp
561
1,549
(a)
Celltrion
Pharm
Inc
119
33,456
Celltrion,
Inc
4,569
1,735
CJ
CheilJedang
Corp
376
5,213
(a)
CosmoAM&T
Co
Ltd
629
11,729
Coway
Co
Ltd
490
12,107
Daewoo
International
Corp
479
6,322
(a)
Daewoo
Shipbuilding
&
Marine
Engineering
Co
Ltd
129
10,102
Dongbu
Insurance
Co
Ltd
723
12,008
Doosan
Bobcat,
Inc
482
36,600
(a)
Doosan
Heavy
Industries
and
Construction
Co
Ltd
476
8,083
Ecopro
BM
Co
Ltd
1,668
4,345
Ecopro
Co
Ltd
2,123
3,006
(a)
Ecopro
Materials
Co
Ltd
298
11,561
GS
Holdings
Corp
416
24,250
Hana
Financial
Group,
Inc
1,062
2,063
Hanjin
Kal
Corp
91
16,014
Hankook
Tire
&
Technology
Co
Ltd
643
4,144
Hanmi
Pharm
Co
Ltd
1,053
9,702
Hanmi
Semiconductor
Co
Ltd
965
34,770
Hanon
Systems
154
24,182
Hanwha
Chemical
Corp
497
3,805
HD
Hyundai
Co
Ltd
195
4,699
(a)
HD
Hyundai
Heavy
Industries
Co
Ltd
414
25,686
(a)
HLB,
Inc
2,092
19,357
HMM
Co
Ltd
226
4,237
Honam
Petrochemical
Corp
378
4,460
HYBE
Co
Ltd
759
120,140
Hynix
Semiconductor,
Inc
15,916
161
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,230
Hyundai
Engineering
&
Construction
Co
Ltd
$
154
3,996
Hyundai
Glovis
Co
Ltd
536
3,506
(a)
Hyundai
Heavy
Industries
313
13,257
Hyundai
Mobis
2,574
30,103
Hyundai
Motor
Co
5,297
8,000
Hyundai
Motor
Co
Ltd
(2nd
Preference)
932
5,151
Hyundai
Motor
Co
Ltd
(Preference)
605
22,150
Hyundai
Steel
Co
524
21,817
Industrial
Bank
of
Korea
226
67,641
Kakao
Corp
2,734
13,449
KakaoBank
Corp
281
5,138
(a)
Kakaopay
Corp
149
19,054
Kangwon
Land,
Inc
232
223,570
KB
Financial
Group,
Inc
11,683
57,338
Kia
Motors
Corp
4,765
16,641
Korea
Aerospace
Industries
Ltd
623
21,651
Korea
Electric
Power
Corp
356
2,984
Korea
Investment
Holdings
Co
Ltd
148
738
Korea
Zinc
Co
Ltd
249
40,191
Korean
Air
Lines
Co
Ltd
647
6,228
(a),(d)
Krafton,
Inc
1,157
5,263
KT
Corp
148
22,452
KT&G
Corp
1,563
7,663
(a)
Kum
Yang
Co
Ltd
643
1,361
Kumho
Petrochemical
Co
Ltd
142
4,067
L&F
Co
Ltd
532
10,841
LG
Chem
Ltd
3,548
1,719
LG
Chem
Ltd
(Preference)
383
20,661
LG
Corp
1,344
73,738
LG
Display
Co
Ltd
580
23,172
LG
Electronics,
Inc
1,666
6,334
(a)
LG
Energy
Solution
Ltd
1,887
1,929
LG
Household
&
Health
Care
Ltd
554
3,002
LG
Innotek
Co
Ltd
441
18,879
LG
Telecom
Ltd
141
22,322
Meritz
Financial
Group,
Inc
1,357
17,668
Mirae
Asset
Daewoo
Co
Ltd
107
28,466
Naver
Corp
3,955
3,026
NCSoft
Corp
463
5,183
(a),(d)
Netmarble
Corp
243
5,016
Orion
Corp/Republic
of
Korea
342
18,007
POSCO
5,640
11,726
POSCO
DX
Co
Ltd
423
6,821
POSCO
Future
M
Co
Ltd
1,534
5,323
(a),(d)
Samsung
Biologics
Co
Ltd
3,295
18,330
Samsung
C&T
Corp
2,180
12,022
Samsung
Electro-Mechanics
Co
Ltd
1,339
3,049,393
Samsung
Electronics
Co
Ltd
183,261
181,733
Samsung
Electronics
Co
Ltd
(Preference)
9,071
12,813
(a)
Samsung
Engineering
Co
Ltd
240
6,781
Samsung
Fire
&
Marine
Insurance
Co
Ltd
1,557
54,611
(a)
Samsung
Heavy
Industries
Co
Ltd
350
17,479
Samsung
Life
Insurance
Co
Ltd
1,240
18,643
Samsung
SDI
Co
Ltd
6,612
8,420
Samsung
SDS
Co
Ltd
1,023
4,443
Samsung
Securities
Co
Ltd
134
7,829
Samsung
Techwin
Co
Ltd
1,208
99,299
Shinhan
Financial
Group
Co
Ltd
3,503
4,665
(a)
SK
Biopharmaceuticals
Co
Ltd
321
1,817
(a)
SK
Bioscience
Co
Ltd
83
8,513
(a),(d)
SK
IE
Technology
Co
Ltd
462
5,076
(a)
SK
Innovation
Co
Ltd
447
CREF
Global
Equities
Account
March
31,
2024
162
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
8,116
(a)
SK
Square
Co
Ltd
$
475
4,927
SK
Telecom
Co
Ltd
195
8,198
SK,
Inc
1,112
3,779
SKC
Co
Ltd
336
11,788
S-Oil
Corp
683
49,784
Woori
Financial
Group,
Inc
540
8,668
Woori
Investment
&
Securities
Co
Ltd
76
4,648
Yuhan
Corp
267
TOTAL
KOREA,
REPUBLIC
OF
319,814
KUWAIT
-
0.0%
358,896
Agility
Public
Warehousing
Co
KSC
777
107,370
Boubyan
Bank
KSCP
216
157,189
Gulf
Bank
KSCP
150
724,280
Kuwait
Finance
House
KSCP
1,884
157,468
Mabanee
Co
SAK
405
501,280
Mobile
Telecommunications
Co
KSCP
800
634,245
National
Bank
of
Kuwait
SAKP
1,979
TOTAL
KUWAIT
6,211
LUXEMBOURG
-
0.2%
959,933
(a)
BK
LC
Lux
Finco
2
Sarl
45,357
11,120
Reinet
Investments
S.C.A
269
TOTAL
LUXEMBOURG
45,626
MALAYSIA
-
0.1%
191,900
AMMB
Holdings
BHD
169
232,943
Axiata
Group
Bhd
133
536,479
Bumiputra-Commerce
Holdings
BHD
743
290,600
Digi.Com
BHD
259
406,972
Gamuda
BHD
453
479,200
Genting
BHD
478
657,500
Genting
Malaysia
BHD
380
46,800
Hong
Leong
Bank
BHD
191
170,900
IHH
Healthcare
Bhd
218
555,300
Inari
Amertron
Bhd
371
475,700
IOI
Corp
BHD
397
99,143
Kuala
Lumpur
Kepong
BHD
468
460,729
Malayan
Banking
BHD
940
184,360
Malaysia
Airports
Holdings
Bhd
386
196,800
Maxis
Bhd
140
398,100
MISC
Bhd
644
500,250
(d)
MR
DIY
Group
M
Bhd
159
10,400
Nestle
Malaysia
Bhd
259
622,100
Petronas
Chemicals
Group
Bhd
893
87,100
Petronas
Dagangan
BHD
396
242,100
Petronas
Gas
BHD
898
121,380
PPB
Group
BHD
400
291,400
Press
Metal
Aluminium
Holdings
Bhd
287
1,188,400
Public
Bank
Bhd
1,057
186,750
QL
Resources
Bhd
232
116,039
RHB
Capital
BHD
138
621,500
Sime
Darby
BHD
342
414,100
Sime
Darby
Plantation
Bhd
381
106,841
Telekom
Malaysia
BHD
136
611,900
Tenaga
Nasional
BHD
1,453
748,100
YTL
Corp
BHD
413
553,200
YTL
Power
International
BHD
442
TOTAL
MALAYSIA
14,256
MEXICO
-
0.5%
662,800
Alfa
S.A.
de
C.V.
(Class
A)
493
163
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,562,600
America
Movil
SAB
de
C.V.
$
1,459
112,900
(c)
Arca
Continental
SAB
de
C.V.
1,233
63,800
(d)
Banco
del
Bajio
S.A.
248
3,329,594
(a),(c)
Cemex
S.A.
de
C.V.
3,001
117,565
Coca-Cola
Femsa
SAB
de
C.V.
1,141
632,600
Fibra
Uno
Administracion
S.A.
de
C.V.
1,052
414,400
Fomento
Economico
Mexicano
S.A.
de
C.V.
5,416
372,372
Fomento
Economico
Mexicano
SAB
de
C.V.
(ADR)
48,509
37,875
(c)
Gruma
SAB
de
C.V.
708
61,200
Grupo
Aeroportuario
del
Centro
Norte
Sab
de
C.V.
604
83,100
(c)
Grupo
Aeroportuario
del
Pacifico
S.A.
de
C.V.
(B
Shares)
1,350
39,345
Grupo
Aeroportuario
del
Sureste
S.A.
de
C.V.
(Class
B)
1,245
284,900
(c)
Grupo
Bimbo
S.A.
de
C.V.
(Series
A)
1,350
131,800
(c)
Grupo
Carso
S.A.
de
C.V.
(Series
A1)
1,179
4,932,600
Grupo
Financiero
Banorte
S.A.
de
C.V.
52,391
151,727
(a),(c)
Grupo
Financiero
Inbursa
S.A.
469
881,400
Grupo
Mexico
S.A.
de
C.V.
(Series
B)
5,248
15,295
(a),(c)
Industrias
Penoles
S.A.
de
C.V.
217
322,100
Kimberly-Clark
de
Mexico
S.A.
de
C.V.
(Class
A)
750
261,800
(c)
Operadora
De
Sites
Mexicanos
SAB
de
C.V.
319
212,200
Orbia
Advance
Corp
SAB
de
C.V.
444
160,054
ProLogis
Property
Mexico
S.A.
de
C.V.
703
37,565
Promotora
y
Operadora
de
Infraestructura
SAB
de
C.V.
399
7,253
(c)
Southern
Copper
Corp
773
34,363
Ternium
S.A.
(ADR)
1,430
1,113,500
Wal-Mart
de
Mexico
SAB
de
C.V.
4,483
TOTAL
MEXICO
136,614
NETHERLANDS
-
2.0%
10,570
(a),(d)
Adyen
NV
17,854
237
(a)
Argenx
SE
94
43,557
(a)
Argenx
SE
17,173
191,441
ASML
Holding
NV
185,595
123,585
(d)
Euronext
NV
11,762
370,760
Heineken
NV
35,744
7,677,508
ING
Groep
NV
126,397
624,589
Koninklijke
KPN
NV
2,336
5,200,302
Shell
plc
172,543
TOTAL
NETHERLANDS
569,498
NORWAY
-
0.4%
676,678
Aker
BP
ASA
16,972
3,155,657
Equinor
ASA
84,617
195,662
Gjensidige
Forsikring
ASA
2,840
296,695
Norsk
Hydro
ASA
1,630
TOTAL
NORWAY
106,059
PERU
-
0.0%
60,155
Cia
de
Minas
Buenaventura
S.A.
(ADR)
(Series
B)
955
5,600
Credicorp
Ltd
949
TOTAL
PERU
1,904
PHILIPPINES
-
0.0%
352,740
Aboitiz
Equity
Ventures,
Inc
294
22,870
Ayala
Corp
260
1,475,370
Ayala
Land,
Inc
848
164,624
Bank
of
the
Philippine
Islands
346
196,610
BDO
Unibank,
Inc
540
222,410
International
Container
Term
Services,
Inc
1,258
520,055
JG
Summit
Holdings
(Series
B)
337
97,960
Jollibee
Foods
Corp
440
65,270
Manila
Electric
Co
415
CREF
Global
Equities
Account
March
31,
2024
164
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
133,823
Metropolitan
Bank
&
Trust
$
155
6,800
PLDT,
Inc
165
5,826,950
Robinsons
Retail
Holdings,
Inc
3,872
19,810
SM
Investments
Corp
343
2,262,100
SM
Prime
Holdings
1,316
187,610
Universal
Robina
Corp
352
TOTAL
PHILIPPINES
10,941
POLAND
-
0.0%
111,847
(a),(d)
Allegro.eu
S.A.
926
14,845
Bank
Pekao
S.A.
675
2,787
Bank
Zachodni
WBK
S.A.
397
1,173
(a)
BRE
Bank
S.A.
217
2,723
Budimex
S.A.
477
13,067
CD
Projekt
S.A.
382
3,915
(a),(d)
Dino
Polska
S.A.
380
10,715
KGHM
Polska
Miedz
S.A.
306
234
LPP
S.A.
896
192,369
(a)
PGE
Polska
Grupa
Energetyczna
S.A.
346
143,153
Polski
Koncern
Naftowy
Orlen
S.A.
2,332
72,378
Powszechna
Kasa
Oszczednosci
Bank
Polski
S.A.
1,074
132,210
Powszechny
Zaklad
Ubezpieczen
S.A.
1,615
TOTAL
POLAND
10,023
PORTUGAL
-
0.1%
750,164
Jeronimo
Martins
SGPS
S.A.
14,883
TOTAL
PORTUGAL
14,883
QATAR
-
0.0%
427,460
Barwa
Real
Estate
Co
324
259,860
(a)
Commercial
Bank
PSQC
352
434,834
Dukhan
Bank
461
344,820
Industries
Qatar
QSC
1,134
452,158
Masraf
Al
Rayan
QSC
295
1,221,845
Mesaieed
Petrochemical
Holding
Co
658
194,748
Ooredoo
QPSC
567
100,454
Qatar
Electricity
&
Water
Co
QSC
448
155,714
Qatar
Fuel
QSC
632
598,506
Qatar
Gas
Transport
Co
Ltd
656
72,345
(a)
Qatar
International
Islamic
Bank
QSC
217
145,699
Qatar
Islamic
Bank
SAQ
761
378,964
Qatar
National
Bank
QPSC
1,478
TOTAL
QATAR
7,983
ROMANIA
-
0.0%
123,719
NEPI
Rockcastle
NV
854
TOTAL
ROMANIA
854
RUSSIA
-
0.0%
12,672
(a),(c),(e)
Ozon
Holdings
plc
(ADR)
0
^
211,169
(a),(e)
VTB
Bank
PJSC
(GDR)
Tradegate
2
TOTAL
RUSSIA
2
SAUDI
ARABIA
-
0.3%
20,834
ACWA
Power
Co
1,883
99,163
(a)
Ades
Holding
Co
549
24,249
Advanced
Petrochemical
Co
253
673,610
Al
Rajhi
Bank
14,933
714,563
Alinma
Bank
8,349
55,648
Almarai
Co
JSC
849
54,472
Arab
National
Bank
429
5,110
Arabian
Internet
&
Communications
Services
Co
515
165
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
39,030
Bank
AlBilad
$
506
29,288
(a)
Bank
Al-Jazira
156
47,436
Banque
Saudi
Fransi
493
17,937
Bupa
Arabia
for
Cooperative
Insurance
Co
1,262
16,022
Co
for
Cooperative
Insurance
692
7,502
Dallah
Healthcare
Co
353
46,635
(a)
Dar
Al
Arkan
Real
Estate
Development
Co
172
57,636
Dr
Sulaiman
Al
Habib
Medical
Services
Group
Co
4,817
5,290
Elm
Co
1,353
84,815
Etihad
Etisalat
Co
1,189
121,380
Jarir
Marketing
Co
476
98,025
Mobile
Telecommunications
Co
Saudi
Arabia
330
97,378
Mouwasat
Medical
Services
Co
3,541
8,661
Nahdi
Medical
Co
342
16,723
Power
&
Water
Utility
Co
for
Jubail
&
Yanbu
309
120,980
Riyad
Bank
962
53,218
SABIC
Agri-Nutrients
Co
1,740
76,876
Sahara
International
Petrochemical
Co
634
161,012
(a)
Saudi
Arabian
Mining
Co
2,168
622,672
(d)
Saudi
Arabian
Oil
Co
5,107
11,144
Saudi
Aramco
Base
Oil
Co
498
81,337
Saudi
Awwal
Bank
900
200,609
Saudi
Basic
Industries
Corp
4,178
188,421
Saudi
Electricity
Co
994
76,338
Saudi
Industrial
Investment
Group
455
35,266
Saudi
Investment
Bank
156
157,481
(a)
Saudi
Kayan
Petrochemical
Co
379
664,379
Saudi
National
Bank
7,231
7,516
(a)
Saudi
Research
&
Media
Group
577
3,842
Saudi
Tadawul
Group
Holding
Co
280
443,862
Saudi
Telecom
Co
4,686
56,983
Savola
Group
858
62,277
Yanbu
National
Petrochemical
Co
618
TOTAL
SAUDI
ARABIA
76,172
SINGAPORE
-
0.1%
630,700
Ascendas
REIT
1,294
28,001
CapitaLand
Ascott
Trust
20
509,642
Capitaland
Investment
Ltd
1,011
75,604
CapitaMall
Trust
111
397,800
DBS
Group
Holdings
Ltd
10,616
732,961
Oversea-Chinese
Banking
Corp
7,324
178,200
Singapore
Exchange
Ltd
1,216
1,569,400
Singapore
Telecommunications
Ltd
2,949
260,716
United
Overseas
Bank
Ltd
5,668
TOTAL
SINGAPORE
30,209
SOUTH
AFRICA
-
0.2%
68,795
Absa
Group
Ltd
537
10,311
(c)
Anglo
American
Platinum
Ltd
418
201,089
Anglo
American
plc
4,955
159,255
(c)
Aspen
Pharmacare
Holdings
Ltd
1,845
73,299
(c)
Bid
Corp
Ltd
1,787
61,686
(c)
Bidvest
Group
Ltd
790
73,385
Capitec
Bank
Holdings
Ltd
8,117
50,352
Clicks
Group
Ltd
787
114,059
Discovery
Ltd
727
24,174
Exxaro
Resources
Ltd
216
418,940
(c)
FirstRand
Ltd
1,365
162,271
Gold
Fields
Ltd
2,603
66,502
Harmony
Gold
Mining
Co
Ltd
550
373,647
(c)
Impala
Platinum
Holdings
Ltd
1,544
CREF
Global
Equities
Account
March
31,
2024
166
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,054
(c)
Kumba
Iron
Ore
Ltd
$
123
138,843
MTN
Group
Ltd
687
41,614
Naspers
Ltd
7,377
36,087
(c)
Nedbank
Group
Ltd
435
46,779
Northam
Platinum
Holdings
Ltd
279
1,047,185
Old
Mutual
Ltd
650
173,339
OUTsurance
Group
Ltd
384
414,483
(d)
Pepkor
Holdings
Ltd
413
106,374
Remgro
Ltd
686
388,156
Sanlam
Ltd
1,422
126,670
(c)
Sasol
Ltd
979
41,012
(c)
Shoprite
Holdings
Ltd
536
325,130
Sibanye
Stillwater
Ltd
372
815,724
Standard
Bank
Group
Ltd
7,978
135,319
Vodacom
Group
Ltd
704
200,363
Woolworths
Holdings
Ltd
626
TOTAL
SOUTH
AFRICA
49,892
SPAIN
-
0.6%
287,054
Amadeus
IT
Holding
S.A.
18,428
8,652,903
(c)
Banco
Bilbao
Vizcaya
Argentaria
S.A.
103,043
3,397,865
(c)
CaixaBank
S.A.
16,489
810,458
Iberdrola
S.A.
10,066
274,556
Industria
de
Diseno
Textil
S.A.
13,826
108,528
(a),(c),(e)
Let's
GOWEX
S.A.
1
17,496
Merlin
Properties
Socimi
S.A.
188
1,052,110
Telefonica
S.A.
4,646
TOTAL
SPAIN
166,687
SWEDEN
-
0.3%
873,199
Assa
Abloy
AB
25,059
126,224
(d)
Evolution
AB
15,678
406,907
(a)
Fastighets
AB
Balder
2,989
1,259,202
Sandvik
AB
27,955
26,421
(a)
SAS
AB
0
^
1,393,469
(c)
Skandinaviska
Enskilda
Banken
AB
(Class
A)
18,878
TOTAL
SWEDEN
90,559
SWITZERLAND
-
1.2%
106,218
Alcon,
Inc
8,786
103,629
Cie
Financiere
Richemont
S.A.
15,777
193,503
DSM-Firmenich
AG.
22,008
172,687
(a)
Galderma
Group
AG.
12,130
3,986
Givaudan
S.A.
17,745
147,603
(c)
Lonza
Group
AG.
88,207
397,502
Novartis
AG.
38,501
1,500,209
(a),(c)
On
Holding
AG.
53,077
10,594
PSP
Swiss
Property
AG.
1,389
10,594
Swiss
Prime
Site
AG.
999
1,225,879
UBS
Group
AG
37,746
72,118
Zurich
Insurance
Group
AG
38,959
TOTAL
SWITZERLAND
335,324
TAIWAN
-
2.2%
110,571
Accton
Technology
Corp
1,585
630,000
Acer,
Inc
918
102,725
Advantech
Co
Ltd
1,307
99,000
Alchip
Technologies
Ltd
9,797
684,000
ASE
Technology
Holding
Co
Ltd
3,320
191,000
Asia
Cement
Corp
244
154,000
Asustek
Computer,
Inc
2,039
1,440,800
AU
Optronics
Corp
815
167
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
131,189
Catcher
Technology
Co
Ltd
$
892
783,947
Cathay
Financial
Holding
Co
Ltd
1,181
123,306
Chailease
Holding
Co
Ltd
661
409,001
Chang
Hwa
Commercial
Bank
232
431,000
Cheng
Shin
Rubber
Industry
Co
Ltd
669
239,000
China
Airlines
146
1,294,844
China
Development
Financial
Holding
Corp
560
984,000
China
Steel
Corp
732
7,768,000
Chinatrust
Financial
Holding
Co
7,862
322,000
Chunghwa
Telecom
Co
Ltd
1,265
922,000
Compal
Electronics,
Inc
1,104
663,541
Dadi
Early-Childhood
Education
Group
Ltd
617
427,000
Delta
Electronics,
Inc
4,570
185,142
E
Ink
Holdings,
Inc
1,314
1,137,071
E.Sun
Financial
Holding
Co
Ltd
964
866,000
Eclat
Textile
Co
Ltd
14,811
14,000
eMemory
Technology,
Inc
1,051
229,000
Eva
Airways
Corp
226
330,292
Evergreen
Marine
Corp
Taiwan
Ltd
1,816
684,000
Far
Eastern
Textile
Co
Ltd
706
402,000
Far
EasTone
Telecommunications
Co
Ltd
1,016
114,245
Feng
TAY
Enterprise
Co
Ltd
564
886,715
First
Financial
Holding
Co
Ltd
765
758,000
Formosa
Chemicals
&
Fibre
Corp
1,295
282,391
Formosa
Petrochemical
Corp
606
848,000
Formosa
Plastics
Corp
1,804
1,710,978
Fubon
Financial
Holding
Co
Ltd
3,704
826,234
Fuhwa
Financial
Holdings
Co
Ltd
777
111,000
Gigabyte
Technology
Co
Ltd
1,086
21,000
Global
Unichip
Corp
800
48,000
Globalwafers
Co
Ltd
833
2,746,000
Hon
Hai
Precision
Industry
Co,
Ltd
13,337
64,280
Hotai
Motor
Co
Ltd
1,299
696,069
Hua
Nan
Financial
Holdings
Co
Ltd
498
1,931,587
InnoLux
Display
Corp
917
592,000
Inventec
Co
Ltd
1,083
22,604
Largan
Precision
Co
Ltd
1,716
441,000
Lite-On
Technology
Corp
1,462
335,242
MediaTek,
Inc
12,147
2,633,796
Mega
Financial
Holding
Co
Ltd
3,312
157,000
Micro-Star
International
Co
Ltd
819
1,041,000
Nan
Ya
Plastics
Corp
1,791
46,000
Nan
Ya
Printed
Circuit
Board
Corp
285
269,000
Nanya
Technology
Corp
568
34,000
Nien
Made
Enterprise
Co
Ltd
377
128,000
Novatek
Microelectronics
Corp
Ltd
2,356
436,000
Pegatron
Corp
1,357
18,000
(a)
PharmaEssentia
Corp
180
477,000
Pou
Chen
Corp
540
612,000
Powerchip
Semiconductor
Manufacturing
Corp
495
130,522
President
Chain
Store
Corp
1,082
594,000
Quanta
Computer,
Inc
5,202
107,000
Realtek
Semiconductor
Corp
1,863
312,679
Ruentex
Development
Co
Ltd
342
306,791
Shanghai
Commercial
&
Savings
Bank
Ltd
463
2,862,684
Shin
Kong
Financial
Holding
Co
Ltd
721
848,796
SinoPac
Financial
Holdings
Co
Ltd
570
252,000
Synnex
Technology
International
Corp
617
907,806
Taishin
Financial
Holdings
Co
Ltd
509
467,968
Taiwan
Business
Bank
233
561,579
Taiwan
Cement
Corp
556
836,122
Taiwan
Cooperative
Financial
Holding
Co
Ltd
679
CREF
Global
Equities
Account
March
31,
2024
168
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
391,000
Taiwan
High
Speed
Rail
Corp
$
368
373,000
Taiwan
Mobile
Co
Ltd
1,188
18,477,100
Taiwan
Semiconductor
Manufacturing
Co
Ltd
442,641
299,000
Unimicron
Technology
Corp
1,778
1,082,450
Uni-President
Enterprises
Corp
2,583
2,514,000
United
Microelectronics
Corp
4,083
200,000
Vanguard
International
Semiconductor
Corp
530
14,000
Voltronic
Power
Technology
Corp
722
609,650
Walsin
Lihwa
Corp
712
50,810
Wan
Hai
Lines
Ltd
70
677,688
Winbond
Electronics
Corp
572
569,000
Wistron
Corp
2,144
275,000
Wiwynn
Corp
18,831
351,640
WPG
Holdings
Ltd
1,055
72,739
Yageo
Corp
1,350
377,000
Yang
Ming
Marine
Transport
521
148,000
Zhen
Ding
Technology
Holding
Ltd
578
TOTAL
TAIWAN
611,756
THAILAND
-
0.1%
98,300
Advanced
Info
Service
PCL
550
926,500
Airports
of
Thailand
PCL
1,658
1,255,000
Asset
World
Corp
PCL
142
914,400
Bangkok
Dusit
Medical
Services
PCL
709
1,417,000
Bangkok
Expressway
&
Metro
PCL
311
1,489,090
BTS
Group
Holdings
PCL
229
48,000
Bumrungrad
Hospital
PCL
294
433,000
Central
Pattana
PCL
748
367,975
Central
Retail
Corp
PCL
364
787,900
Charoen
Pokphand
Foods
PCL
394
479,700
CP
ALL
plc
718
440,200
CP
Axtra
PCL
377
680,500
Delta
Electronics
Thailand
PCL
1,351
337,097
Energy
Absolute
PCL
317
153,900
Global
Power
Synergy
PCL
222
632,030
Gulf
Energy
Development
PCL
759
1,089,600
Home
Product
Center
PCL
320
346,200
Indorama
Ventures
PCL
227
171,900
Intouch
Holdings
PCL
(Class
F)
324
48,000
Kasikornbank
PCL
(Foreign)
163
788,300
Krung
Thai
Bank
PCL
363
161,300
Krungthai
Card
PCL
203
1,607,400
Land
and
Houses
PCL
324
702,400
Minor
International
PCL
630
112,400
Muangthai
Capital
PCL
144
378,800
PTT
Exploration
&
Production
PCL
1,561
506,000
PTT
Global
Chemical
PCL
530
760,500
PTT
Oil
&
Retail
Business
PCL
369
2,505,600
PTT
PCL
2,305
190,400
SCB
X
PCL
595
248,700
SCG
Packaging
PCL
196
172,100
Siam
Cement
PCL
1,207
369,502
Thai
Oil
PCL
597
5,556,800
TMB
Bank
PCL
(Foreign)
277
895,726
(a)
True
Corp
PCL
189
TOTAL
THAILAND
19,667
TURKEY
-
0.1%
2,512,530
Akbank
TAS
3,635
305,058
Aselsan
Elektronik
Sanayi
Ve
Ticaret
AS
523
100,389
BIM
Birlesik
Magazalar
AS
1,091
16,756
(a)
Coca-Cola
Icecek
AS
291
169
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
114,330
(a)
Eregli
Demir
ve
Celik
Fabrikalari
TAS
$
149
14,534
Ford
Otomotiv
Sanayi
AS
519
81,798
Haci
Omer
Sabanci
Holding
AS
210
165,299
(a)
KOC
Holding
AS
1,040
8,169
(a)
Pegasus
Hava
Tasimaciligi
AS.
206
281,700
(a)
Sasa
Polyester
Sanayi
AS
375
26,185
(a)
Tofas
Turk
Otomobil
Fabrik
221
117,015
(a)
Turk
Hava
Yollari
AO
1,078
268,740
Turkcell
Iletisim
Hizmet
AS
568
9,304,329
Turkiye
Is
Bankasi
(Series
C)
3,228
232,797
Turkiye
Petrol
Rafinerileri
AS
1,274
290,213
Turkiye
Sise
ve
Cam
Fabrikalari
AS
408
277,144
(a)
Yapi
ve
Kredi
Bankasi
236
TOTAL
TURKEY
15,052
UNITED
ARAB
EMIRATES
-
0.0%
236,513
Abu
Dhabi
Commercial
Bank
PJSC
541
117,357
Abu
Dhabi
Islamic
Bank
PJSC
349
735,155
Abu
Dhabi
National
Oil
Co
for
Distribution
PJSC
729
833,246
Aldar
Properties
PJSC
1,252
545,572
Americana
Restaurants
International
plc
489
244,629
Dubai
Islamic
Bank
PJSC
389
1,468,822
Emaar
Properties
PJSC
3,260
155,811
Emirates
NBD
Bank
PJSC
734
762,108
Emirates
Telecommunications
Group
Co
PJSC
3,802
363,398
First
Abu
Dhabi
Bank
PJSC
1,326
836,592
(a)
Multiply
Group
PJSC
510
5,358
(a),(e)
NMC
Health
plc
0
^
TOTAL
UNITED
ARAB
EMIRATES
13,381
UNITED
KINGDOM
-
2.4%
585,182
Allfunds
Group
PLC
4,220
115,298
AngloGold
Ashanti
UK
Ltd
2,574
1,423,249
Ashtead
Group
plc
101,377
973,217
AstraZeneca
plc
130,746
1,994,150
Beazley
plc
16,769
137,761
Big
Yellow
Group
plc
1,848
7,558,494
BP
plc
47,418
638,790
British
American
Tobacco
plc
19,388
317,913
British
Land
Co
plc
1,586
256,435
(a)
Coca-Cola
Europacific
Partners
plc
17,938
808,080
Compass
Group
plc
23,703
2,503,563
(d)
ConvaTec
Group
plc
9,044
2,797,671
(a)
Darktrace
plc
15,442
42,386
Derwent
London
plc
1,162
1,927,917
Electrocomponents
plc
17,677
849,886
Fevertree
Drinks
plc
12,883
267,660
(a)
Flutter
Entertainment
plc
53,354
211,940
Great
Portland
Estates
plc
1,039
2,717,006
Informa
plc
28,507
233,135
Land
Securities
Group
plc
1,936
6,447,902
Lloyds
TSB
Group
plc
4,217
287,907
London
Stock
Exchange
Group
plc
34,449
8,363,621
Man
Group
plc
28,227
1,221,772
National
Grid
plc
16,462
32,248
(a),(d)
Pepco
Group
NV
145
758,120
RELX
plc
32,839
169,551
Safestore
Holdings
plc
1,618
202,461
Scottish
&
Southern
Energy
plc
4,221
273,024
Segro
plc
3,113
5,371,958
Tritax
Big
Box
REIT
plc
10,680
409,373
Unilever
plc
20,551
CREF
Global
Equities
Account
March
31,
2024
170
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,238,872
Vodafone
Group
plc
$
4,647
TOTAL
UNITED
KINGDOM
669,780
UNITED
STATES
-
64.8%
20,789
3M
Co
2,205
351,078
Abbott
Laboratories
39,904
498,165
AbbVie,
Inc
90,716
177,739
Accenture
plc
61,606
450,900
(a)
Advanced
Micro
Devices,
Inc
81,383
31,626
Aflac,
Inc
2,715
97,693
Agilent
Technologies,
Inc
14,215
12,358
Agree
Realty
Corp
706
3,426
Air
Products
&
Chemicals,
Inc
830
26,904
(c)
Albemarle
Corp
3,544
67,908
Alexandria
Real
Estate
Equities,
Inc
8,754
26,693
(a)
Align
Technology,
Inc
8,753
466,031
Alliant
Energy
Corp
23,488
58,541
(a)
Alnylam
Pharmaceuticals,
Inc
8,749
1,952,888
(a)
Alphabet,
Inc
297,347
1,443,664
(a)
Alphabet,
Inc
(Class
A)
217,892
290,556
(a),(c)
Altimmune,
Inc
2,958
4,598,582
(a)
Amazon.com,
Inc
829,492
278,944
Ameren
Corp
20,631
315,563
American
Electric
Power
Co,
Inc
27,170
273,207
American
Express
Co
62,207
325,238
American
Homes
4
Rent
11,962
521,363
American
International
Group,
Inc
40,755
86,420
American
Tower
Corp
17,076
96,001
Americold
Realty
Trust,
Inc
2,392
74,445
Ameriprise
Financial,
Inc
32,640
77,247
AmerisourceBergen
Corp
18,770
247,937
Ametek,
Inc
45,348
140,192
Amgen,
Inc
39,859
4,424,385
(f)
Apple,
Inc
758,694
464,838
(a)
Arch
Capital
Group
Ltd
42,970
88,260
Ares
Management
Corp
11,737
2,590,318
AT&T,
Inc
45,590
310,236
(c)
Atlas
Energy
Solutions,
Inc
7,018
249,302
(a)
Atlassian
Corp
Ltd
48,641
51,128
AvalonBay
Communities,
Inc
9,487
204,781
Baker
Hughes
Co
6,860
113,438
Ball
Corp
7,641
653,813
Bank
of
America
Corp
24,793
644,407
Bank
of
New
York
Mellon
Corp
37,131
113,601
Becton
Dickinson
&
Co
28,111
397,795
(a)
Berkshire
Hathaway,
Inc
167,281
37,177
BlackRock,
Inc
30,994
14,082
Blackstone,
Inc
1,850
1,068,981
(a)
Block,
Inc
90,414
526,276
(a)
Boeing
Co
101,566
5,848
Booking
Holdings,
Inc
21,216
24,372
Boston
Properties,
Inc
1,592
2,001,540
(a)
Boston
Scientific
Corp
137,085
50,630
Bristol-Myers
Squibb
Co
2,746
312,954
Broadcom,
Inc
414,792
709
Capital
One
Financial
Corp
106
1,508,740
Carrier
Global
Corp
87,703
97,512
(a)
Catalent,
Inc
5,505
367,219
Caterpillar,
Inc
134,560
195,269
Celanese
Corp
(Series
A)
33,559
16,183
(a)
Centene
Corp
1,270
142,953
Centerpoint
Energy,
Inc
4,073
171
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
594,739
Charles
Schwab
Corp
$
43,023
27,259
(a)
Charter
Communications,
Inc
7,922
276,178
Cheniere
Energy,
Inc
44,542
327,340
Chevron
Corp
51,635
3,434
(a)
Chipotle
Mexican
Grill,
Inc
(Class
A)
9,982
198,709
Chubb
Ltd
51,491
106,933
Cigna
Group
38,837
899,674
Citigroup,
Inc
56,895
763,320
(a)
Cleveland-Cliffs,
Inc
17,358
101,325
CME
Group,
Inc
21,814
2,538,103
Coca-Cola
Co
155,281
158,545
Colgate-Palmolive
Co
14,277
1,001,880
Comcast
Corp
(Class
A)
43,431
687,690
ConocoPhillips
87,529
59,720
Constellation
Brands,
Inc
(Class
A)
16,230
85,853
Constellation
Energy
Corp
15,870
105,725
(a)
Cooper
Cos,
Inc
10,727
505,288
Corebridge
Financial,
Inc
14,517
1,817,675
Corteva,
Inc
104,825
383,727
Costco
Wholesale
Corp
281,130
181,832
Crown
Castle,
Inc
19,243
910,679
Crown
Holdings,
Inc
72,180
91,942
CSL
Ltd
17,251
69,864
CSX
Corp
2,590
258,262
CVS
Health
Corp
20,599
160,201
Danaher
Corp
40,005
402,530
(a)
Datadog,
Inc
49,753
77,353
Deere
&
Co
31,772
219,917
Delta
Air
Lines,
Inc
10,527
246,921
(a)
DexCom,
Inc
34,248
670,529
Diamondback
Energy,
Inc
132,879
43,197
Digital
Realty
Trust,
Inc
6,222
275,054
Dollar
General
Corp
42,925
735,676
Dominion
Energy,
Inc
36,188
172,774
Dover
Corp
30,614
21,333
Dow,
Inc
1,236
131,346
Duke
Energy
Corp
12,702
1,078,303
DuPont
de
Nemours,
Inc
82,673
275,091
Eaton
Corp
plc
86,015
14,312
(a)
EchoStar
Corp
(Class
A)
204
91,896
Edison
International
6,500
68,753
Elevance
Health,
Inc
35,651
431,052
Eli
Lilly
&
Co
335,341
121,412
EOG
Resources,
Inc
15,521
224,969
(a)
EPAM
Systems,
Inc
62,127
11,080
Equinix,
Inc
9,145
787,002
Equitable
Holdings,
Inc
29,914
164,410
Equity
Lifestyle
Properties,
Inc
10,588
100,323
Equity
Residential
6,331
16,851
Essex
Property
Trust,
Inc
4,125
73,604
Estee
Lauder
Cos
(Class
A)
11,346
111,029
Everest
Re
Group
Ltd
44,134
155,779
(a)
Exact
Sciences
Corp
10,758
114,277
Exelon
Corp
4,293
177,393
(a)
Expedia
Group,
Inc
24,436
31,789
Extra
Space
Storage,
Inc
4,673
2,934,453
Exxon
Mobil
Corp
341,101
3,578
FedEx
Corp
1,037
116,158
Ferguson
plc
25,415
1,180,857
Fifth
Third
Bancorp
43,940
16,724
First
Citizens
Bancshares,
Inc
(Class
A)
27,344
957,298
FirstEnergy
Corp
36,971
CREF
Global
Equities
Account
March
31,
2024
172
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
773,213
(a)
Fiserv,
Inc
$
123,575
2,948,225
(a)
Flextronics
International
Ltd
84,349
442,292
Fortive
Corp
38,046
3,317,542
Freeport-McMoRan,
Inc
(Class
B)
155,991
97,068
Gaming
and
Leisure
Properties,
Inc
4,472
4,803
GE
HealthCare
Technologies,
Inc
437
472,885
Gilead
Sciences,
Inc
34,639
88,214
Global
Payments,
Inc
11,791
137,466
Globe
Life,
Inc
15,997
14,763
Goldman
Sachs
Group,
Inc
6,166
1,440,955
GSK
plc
30,938
116,676
Halliburton
Co
4,599
105,848
HCA,
Inc
35,303
28,085
Healthcare
Realty
Trust,
Inc
397
164,812
Healthpeak
Properties,
Inc
3,090
76,631
Hess
Corp
11,697
37,972
(a)
Hologic,
Inc
2,960
597,386
Home
Depot,
Inc
229,157
926,322
Honeywell
International,
Inc
190,128
169,551
Host
Hotels
&
Resorts
Inc
3,506
67,220
Howmet
Aerospace,
Inc
4,600
161,389
Hubbell,
Inc
66,985
27,178
(a)
IDEXX
Laboratories,
Inc
14,674
28,105
Illinois
Tool
Works,
Inc
7,541
120,123
(a)
Illumina,
Inc
16,495
293,472
(a)
Immunovant,
Inc
9,482
59,540
Independence
Realty
Trust,
Inc
960
784,816
Ingersoll
Rand,
Inc
74,518
13,900
Innovative
Industrial
Properties,
Inc
1,439
268,154
Intercontinental
Exchange,
Inc
36,852
65,069
International
Flavors
&
Fragrances,
Inc
5,595
154,924
(a)
Intuitive
Surgical,
Inc
61,829
56,171
Invitation
Homes,
Inc
2,000
4,803
(a)
IQVIA
Holdings,
Inc
1,215
200,886
(c)
iShares
MSCI
Canada
Index
Fund
7,690
50,429
(c)
iShares
MSCI
South
Korea
Index
Fund
3,384
4,666
JB
Hunt
Transport
Services,
Inc
930
165,200
JBS
S.A.
708
530,797
Johnson
&
Johnson
83,967
1,633,947
JPMorgan
Chase
&
Co
327,280
1,592,625
Kenvue,
Inc
34,178
1,326,354
Keurig
Dr
Pepper,
Inc
40,679
21,192
Kilroy
Realty
Corp
772
241,109
KKR
&
Co,
Inc
24,251
950,934
Kraft
Heinz
Co
35,089
108,705
Lam
Research
Corp
105,615
154,499
Las
Vegas
Sands
Corp
7,988
6,149
(a)
Legend
Biotech
Corp
(ADR)
345
561,690
Linde
plc
260,804
19,588
Lowe's
Cos,
Inc
4,990
119,120
(a)
Lululemon
Athletica,
Inc
46,534
172,163
M&T
Bank
Corp
25,039
194,542
Marathon
Petroleum
Corp
39,200
16,202
Marriott
International,
Inc
(Class
A)
4,088
114,218
Marsh
&
McLennan
Cos,
Inc
23,527
606,320
Mastercard,
Inc
(Class
A)
291,986
14,839
Matador
Resources
Co
991
653,659
McDonald's
Corp
184,299
97,945
McKesson
Corp
52,582
219,343
Medtronic
plc
19,116
1,337,558
Merck
&
Co,
Inc
176,491
1,294,300
Meta
Platforms,
Inc
628,486
173
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
57,916
Metlife,
Inc
$
4,292
3,196,587
Microsoft
Corp
1,344,867
25,428
Mid-America
Apartment
Communities,
Inc
3,346
660,487
Mondelez
International,
Inc
46,234
1,832,816
(a)
Monster
Beverage
Corp
108,649
57,639
(a),(c)
MoonLake
Immunotherapeutics
2,895
873,763
Morgan
Stanley
82,274
2,821
MSCI,
Inc
(Class
A)
1,581
49,980
(a)
Natera,
Inc
4,571
63,771
National
Storage
Affiliates
Trust
2,497
481,530
(c)
Nestle
S.A.
51,163
239,433
(a)
NetFlix,
Inc
145,415
258,592
Newmont
Goldcorp
Corp
9,268
818,266
NextEra
Energy,
Inc
52,295
1,169,726
Nike,
Inc
(Class
B)
109,931
104,076
Northrop
Grumman
Corp
49,817
64,164
NRG
Energy,
Inc
4,343
93,599
Nucor
Corp
18,523
231,187
nVent
Electric
plc
17,431
1,201,404
Nvidia
Corp
1,085,541
108,680
Occidental
Petroleum
Corp
7,063
36,958
Owens
Corning,
Inc
6,165
218,578
(a)
Palo
Alto
Networks,
Inc
62,105
16,000
Parade
Technologies
Ltd
461
193,489
Parker-Hannifin
Corp
107,539
144,890
(a)
PayPal
Holdings,
Inc
9,706
4,803
(a)
Penumbra,
Inc
1,072
323,007
PepsiCo,
Inc
56,529
745,682
Permian
Resources
Corp
13,169
814,017
Pfizer,
Inc
22,589
397,099
(g)
PG&E
Corp
6,655
923,314
Philip
Morris
International,
Inc
84,594
134,822
Phillips
66
22,022
138,013
Pioneer
Natural
Resources
Co
36,228
1,387,870
Procter
&
Gamble
Co
225,182
237,846
Progressive
Corp
49,191
302,212
Prologis,
Inc
39,354
246,966
(a)
PTC,
Inc
46,662
38,768
Public
Storage,
Inc
11,245
54,604
Realty
Income
Corp
2,954
147,114
Regency
Centers
Corp
8,909
35,180
(a)
Regeneron
Pharmaceuticals,
Inc
33,860
36,285
(a)
Repligen
Corp
6,674
405,581
Rexford
Industrial
Realty,
Inc
20,401
138,489
Roche
Holding
AG.
35,359
11,851
Rockwell
Automation,
Inc
3,453
868,245
(a)
Roivant
Sciences
Ltd
9,151
67,452
Roper
Industries,
Inc
37,830
36,124
(a)
Royal
Caribbean
Cruises
Ltd
5,022
607,798
RTX
Corp
59,279
67,843
S&P
Global,
Inc
28,864
135,491
Sabra
Health
Care
REIT,
Inc
2,001
893,155
Salesforce,
Inc
269,000
360,403
Sanofi-Aventis
35,062
49,287
(a)
Sarepta
Therapeutics,
Inc
6,381
60,956
SBA
Communications
Corp
13,209
75,287
Schlumberger
Ltd
4,126
350,260
Schneider
Electric
S.A.
79,186
135,214
Sempra
Energy
9,712
133,982
(a)
ServiceNow,
Inc
102,148
44,520
Sherwin-Williams
Co
15,463
132,447
Simon
Property
Group,
Inc
20,727
CREF
Global
Equities
Account
March
31,
2024
174
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
4,892
(c)
SL
Green
Realty
Corp
$
270
108,890
Southern
Co
7,812
244,960
Starbucks
Corp
22,387
3,663
Steel
Dynamics,
Inc
543
413,229
Stryker
Corp
147,882
80,673
Sun
Communities,
Inc
10,373
105,846
TE
Connectivity
Ltd
15,373
922,372
Teradyne,
Inc
104,071
54,604
Terreno
Realty
Corp
3,626
767,062
(a)
Tesla,
Inc
134,842
91,985
Thermo
Fisher
Scientific,
Inc
53,463
281,159
TJX
Cos,
Inc
28,515
274,826
T-Mobile
US,
Inc
44,857
112,854
Tractor
Supply
Co
29,536
259,010
(a),(c)
Traeger,
Inc
655
228,142
Trane
Technologies
plc
68,488
259,896
(a)
Uber
Technologies,
Inc
20,009
605,213
Union
Pacific
Corp
148,840
110,103
United
Parcel
Service,
Inc
(Class
B)
16,365
123,908
United
Rentals,
Inc
89,351
446,512
UnitedHealth
Group,
Inc
220,889
739,318
Valero
Energy
Corp
126,194
572,409
Vanguard
Emerging
Markets
ETF
23,910
50,000
(c)
Vanguard
FTSE
Developed
Markets
ETF
2,509
6,725
(a)
Veeva
Systems,
Inc
1,558
137,953
Ventas,
Inc
6,006
344,693
Veralto
Corp
30,560
813,222
Verizon
Communications,
Inc
34,123
54,684
(a)
Vertex
Pharmaceuticals,
Inc
22,858
214,338
VICI
Properties,
Inc
6,385
865,450
Visa,
Inc
(Class
A)
241,530
81,890
Vistra
Corp
5,704
575,617
Vontier
Corp
26,110
169,677
Voya
Financial,
Inc
12,543
156,891
W.R.
Berkley
Corp
13,875
88,239
W.W.
Grainger,
Inc
89,766
3,270,138
Walmart,
Inc
196,764
1,287,227
Walt
Disney
Co
157,505
43,814
Washington
REIT
610
86,226
Waste
Connections,
Inc
14,832
4,074,878
Wells
Fargo
&
Co
236,180
75,797
Welltower,
Inc
7,082
37,247
West
Pharmaceutical
Services,
Inc
14,739
1,206,272
(a)
Western
Digital
Corp
82,316
127,587
Westinghouse
Air
Brake
Technologies
Corp
18,587
116,097
Westlake
Chemical
Corp
17,740
33,373
Westrock
Co
1,650
122,860
Weyerhaeuser
Co
4,412
253,999
(a)
Workday,
Inc
69,278
431,575
(a)
YETI
Holdings,
Inc
16,637
104,858
Zoetis,
Inc
17,743
TOTAL
UNITED
STATES
18,338,405
TOTAL
COMMON
STOCKS
27,929,261
(Cost
$20,948,362)
EXPIRATION
DATE
RIGHTS/WARRANTS
-
0.0%
175
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
EXPIRATION
DATE
VALUE
(000)
AUSTRALIA
-
0.0%
3,698
Magellan
Financial
Group
Ltd
04/16/27
$
0
^
129,949
(c)
PointsBet
Holdings
Ltd
07/08/24
1
TOTAL
AUSTRALIA
1
CHINA
-
0.0%
3,524
(e)
Kangmei
Pharmaceutical
Co
Ltd
12/31/28
0
^
TOTAL
CHINA
0
^
INDIA
-
0.0%
105,711
Tata
Motors
Ltd
(DVR)
837
TOTAL
INDIA
837
TOTAL
RIGHTS/WARRANTS
838
(Cost
$612)
TOTAL
LONG-TERM
INVESTMENTS
27,930,113‌
(Cost
$20,948,990)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
1.1%
GOVERNMENT
AGENCY
DEBT
-
0.3%
$
255,000
Federal
Farm
Credit
Bank
(FFCB)
0
.000
%
04/02/24
255
8,000,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
04/01/24
7,995
5,000,000
FHLB
0
.000
04/05/24
4,994
4,475,000
FHLB
0
.000
04/10/24
4,467
400,000
FHLB
0
.000
04/12/24
399
12,875,000
FHLB
0
.000
05/03/24
12,808
9,459,000
FHLB
0
.000
05/17/24
9,391
25,000,000
Federal
Farm
Credit
Discount
Notes
0
.000
04/03/24
24,978
5,000,000
Federal
Farm
Credit
Discount
Notes
0
.000
04/19/24
4,984
7,500,000
Federal
Farm
Credit
Discount
Notes
0
.000
04/26/24
7,469
TOTAL
GOVERNMENT
AGENCY
DEBT
77,740
REPURCHASE
AGREEMENT
-
0.2%
57,560,000
(h)
Fixed
Income
Clearing
Corp
(FICC)
5
.320
04/01/24
57,560
TOTAL
REPURCHASE
AGREEMENT
57,560
TREASURY
DEBT
-
0.6%
3,000,000
United
States
Treasury
Bill
0
.000
04/02/24
2,999
25,000,000
United
States
Treasury
Bill
0
.000
04/04/24
24,989
20,000,000
United
States
Treasury
Bill
0
.000
04/09/24
19,977
51,600,000
United
States
Treasury
Bill
0
.000
04/16/24
51,487
6,250,000
United
States
Treasury
Bill
0
.000
04/23/24
6,230
15,000,000
United
States
Treasury
Bill
0
.000
04/25/24
14,947
20,201,000
United
States
Treasury
Bill
0
.000
05/02/24
20,109
16,000,000
United
States
Treasury
Bill
0
.000
05/07/24
15,916
22,500,000
United
States
Treasury
Bill
0
.000
05/09/24
22,375
TOTAL
TREASURY
DEBT
179,029
TOTAL
SHORT-TERM
INVESTMENTS
314,329
(Cost
$314,338)
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.6%
CERTIFICATE
OF
DEPOSIT
-
0.1%
5,000,000
BNP
Paribas
Securities
Corp
5
.310
04/01/24
5,000
2,000,000
Canadian
Imperial
Bank
of
Commerce
5
.930
05/03/24
2,000
500,000
Citibank
N.A.
5
.920
07/29/24
500
6,152,000
Credit
Agricole
CIB
5
.310
04/01/24
6,152
5,000,000
Skandinaviska
Enskilda
Banken
5
.300
04/01/24
5,000
TOTAL
CERTIFICATE
OF
DEPOSIT
18,652
COMMERCIAL
PAPER
-
0.0%
CREF
Global
Equities
Account
March
31,
2024
176
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)
$
2,000,000
ING
US
Funding
LLC
5
.910
%
04/24/24
$
2,000
TOTAL
COMMERCIAL
PAPER
2,000
REPURCHASE
AGREEMENT
-
0.5%
20,000,000
(i)
Calyon
5
.320
04/01/24
20,000
15,000,000
(j)
Deutsche
5
.330
04/01/24
15,000
20,000,000
(k)
HSBC
5
.340
04/01/24
20,000
20,000,000
(l)
JP
Morgan
5
.330
04/01/24
20,000
15,000,000
(m)
Merrill
Lynch
5
.330
04/01/24
15,000
15,000,000
(n)
Nomura
5
.310
04/01/24
15,000
25,000,000
(o)
Royal
Bank
of
Scotland
5
.330
04/01/24
25,000
25,000,000
(p)
Societe
Generale
5
.330
04/01/24
25,000
TOTAL
REPURCHASE
AGREEMENT
155,000
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
175,652
(Cost
$175,652)
TOTAL
INVESTMENTS
-
100.5%
28,420,094
(Cost
$21,438,980)
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.5)%
(
133,904
)
NET
ASSETS
-
100.0%
$28,286,190
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)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$235,968,357.
(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.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$152,795,950
or
0.5%
of
Total
Investments.
(e)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(f)
All
or
a
portion
of
these
securities
have
been
segregated
to
cover
margin
requirements
on
open
futures
contracts.
(g)
In
bankruptcy
(h)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.320%
dated
3/28/24
to
be
repurchased
at
$57,594,024
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.125%
and
maturity
date
7/15/26,
valued
at
$58,711,207.
(i)
Agreement
with
Calyon,
5.320%
dated
3/28/24
to
be
repurchased
at
$20,036,549
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
1.000%
and
maturity
date
7/31/28,
valued
at
$20,400,028.
(j)
Agreement
with
Deutsche,
5.330%
dated
3/28/24
to
be
repurchased
at
$15,000,000
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.000%
and
maturity
date
6/11/24,
valued
at
$15,300,073.
(k)
Agreement
with
HSBC,
5.340%
dated
3/28/24
to
be
repurchased
at
$20,057,402
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.000%–3.500%
and
maturity
dates
4/1/50–6/1/56,
valued
at
$20,400,000.
(l)
Agreement
with
JP
Morgan,
5.330%
dated
3/28/24
to
be
repurchased
at
$20,073,268
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
1.500%–6.232%
and
maturity
dates
8/1/34–8/1/56,
valued
at
$20,400,001.
(m)
Agreement
with
Merrill
Lynch,
5.330%
dated
3/28/24
to
be
repurchased
at
$15,054,850
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
2.500%–8.000%
and
maturity
dates
8/1/32–2/1/54,
valued
at
$15,300,000.
(n)
Agreement
with
Nomura,
5.310%
dated
3/28/24
to
be
repurchased
at
$15,046,319
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
1.500%–6.000%
and
maturity
dates
3/1/42–8/20/53,
valued
at
$15,300,001.
(o)
Agreement
with
Royal
Bank
of
Scotland,
5.330%
dated
3/28/24
to
be
repurchased
at
$25,139,238
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
1.125%–4.750%
and
maturity
dates
8/15/39–2/15/53,
valued
at
$25,500,027.
(p)
Agreement
with
Societe
Generale,
5.330%
dated
3/28/24
to
be
repurchased
at
$25,406,429
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.500%
and
maturity
date
11/15/33,
valued
at
$25,500,049.
177
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
580‌
06/21/24
 $
67,671‌
$
68,356‌
$
685‌
S&P
500
E-Mini
Index
711‌
06/21/24
185,020‌
188,717‌
3,697‌
Total
1,291‌
 $
252,691‌
 $
257,073‌
 $
4,382‌
CREF
Growth
Account
March
31,
2024
Portfolio
of
Investments
178
See
Notes
to
Portfolio
of
Investments
(Unaudited)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.8%
COMMON
STOCKS
-
99.8%
AUTOMOBILES
&
COMPONENTS
-
0.4%
818,457
(a)
Tesla,
Inc
$
143,877
TOTAL
AUTOMOBILES
&
COMPONENTS
143,877
CAPITAL
GOODS
-
2.4%
2,264,015
(a)
Boeing
Co
436,932
2,890,161
Carrier
Global
Corp
168,005
575,683
Eaton
Corp
plc
180,005
554,565
Honeywell
International,
Inc
113,824
TOTAL
CAPITAL
GOODS
898,766
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.1%
2,259,828
Experian
Group
Ltd
98,467
633,434
Verisk
Analytics,
Inc
149,320
938,453
Waste
Connections,
Inc
161,423
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
409,210
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
7.9%
15,564,426
(a)
Amazon.com,
Inc
2,807,511
1,998,700
TJX
Cos,
Inc
202,708
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
3,010,219
CONSUMER
DURABLES
&
APPAREL
-
0.7%
164,627
Kering
65,206
1,127,320
Nike,
Inc
(Class
B)
105,946
11,810,500
PRADA
S.p.A
93,708
TOTAL
CONSUMER
DURABLES
&
APPAREL
264,860
CONSUMER
SERVICES
-
5.2%
213,991
Booking
Holdings,
Inc
776,334
8,632,367
(a)
Carnival
Corp
141,053
91,523
(a)
Chipotle
Mexican
Grill,
Inc
(Class
A)
266,036
3,718,329
(a)
DraftKings,
Inc
168,849
727,871
(a)
Flutter
Entertainment
plc
145,089
3,913,047
Las
Vegas
Sands
Corp
202,305
466,188
(b)
Restaurant
Brands
International,
Inc
37,039
2,696,712
Starbucks
Corp
246,452
TOTAL
CONSUMER
SERVICES
1,983,157
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
2.3%
1,204,853
Costco
Wholesale
Corp
882,711
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
882,711
ENERGY
-
0.4%
1,204,671
ConocoPhillips
153,330
TOTAL
ENERGY
153,330
FINANCIAL
SERVICES
-
7.9%
100,132
(a),(c)
Adyen
NV
169,137
639,716
American
Express
Co
145,657
1,210,105
(a)
Fiserv,
Inc
193,399
1,547,116
iShares
Russell
1000
Growth
Index
Fund
521,455
526,909
London
Stock
Exchange
Group
plc
63,047
2,113,677
Mastercard,
Inc
(Class
A)
1,017,883
3,262,691
(a)
PayPal
Holdings,
Inc
218,568
179
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
2,368,675
Visa,
Inc
(Class
A)
$
661,050
TOTAL
FINANCIAL
SERVICES
2,990,196
FOOD,
BEVERAGE
&
TOBACCO
-
1.2%
7,817,703
Davide
Campari-Milano
NV
78,568
6,575,390
(a)
Monster
Beverage
Corp
389,789
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
468,357
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
5.4%
523,871
(a)
Align
Technology,
Inc
171,788
3,507,545
(a)
DexCom,
Inc
486,497
275,015
Elevance
Health,
Inc
142,606
1,412,113
(a)
Intuitive
Surgical,
Inc
563,560
1,078,038
UnitedHealth
Group,
Inc
533,305
606,456
(a)
Veeva
Systems,
Inc
140,510
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
2,038,266
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.4%
1,038,421
Estee
Lauder
Cos
(Class
A)
160,073
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
160,073
INSURANCE
-
0.4%
790,342
Progressive
Corp
163,458
TOTAL
INSURANCE
163,458
MATERIALS
-
1.5%
4,452,390
Corteva,
Inc
256,770
721,251
Linde
plc
334,891
TOTAL
MATERIALS
591,661
MEDIA
&
ENTERTAINMENT
-
11.4%
6,176,593
(a)
Alphabet,
Inc
940,448
5,432,383
(a)
Alphabet,
Inc
(Class
A)
819,910
3,583,925
(a)
Match
Group,
Inc
130,025
4,903,145
Meta
Platforms,
Inc
2,380,869
86,451
(a)
NetFlix,
Inc
52,504
TOTAL
MEDIA
&
ENTERTAINMENT
4,323,756
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
5.6%
657,895
Amgen,
Inc
187,053
887,043
AstraZeneca
plc
(ADR)
60,097
1,071,325
Eli
Lilly
&
Co
833,448
687,567
(a)
Illumina,
Inc
94,417
3,052,498
Novo
Nordisk
A.S.
391,554
2,577,256
Novo
Nordisk
A.S.
(ADR)
330,920
39,483
(a)
Regeneron
Pharmaceuticals,
Inc
38,002
1,041,411
Zoetis,
Inc
176,217
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
2,111,708
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
16.3%
265,255
(a)
Advanced
Micro
Devices,
Inc
47,876
2,000,112
Applied
Materials,
Inc
412,483
999,302
Broadcom,
Inc
1,324,485
7,735,463
Intel
Corp
341,675
271,212
Lam
Research
Corp
263,502
42,529
Monolithic
Power
Systems,
Inc
28,810
4,076,969
Nvidia
Corp
3,683,786
3,807,000
Taiwan
Semiconductor
Manufacturing
Co
Ltd
91,201
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
6,193,818
SOFTWARE
&
SERVICES
-
21.9%
227,304
(a)
Adobe,
Inc
114,698
CREF
Growth
Account
March
31,
2024
180
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
809,138
(a)
Atlassian
Corp
Ltd
$
157,871
294,164
(a)
Crowdstrike
Holdings,
Inc
94,306
424,286
(a)
EPAM
Systems,
Inc
117,171
906,922
Intuit,
Inc
589,499
10,548,017
Microsoft
Corp
4,437,762
1,284,815
(a)
Palo
Alto
Networks,
Inc
365,054
895,755
(a)
PTC,
Inc
169,244
318,648
Roper
Industries,
Inc
178,711
2,706,012
Salesforce,
Inc
814,997
674,796
(a)
ServiceNow,
Inc
514,464
730,829
(a)
Snowflake,
Inc
118,102
539,689
(a)
Synopsys,
Inc
308,432
1,274,824
(a)
Workday,
Inc
347,708
TOTAL
SOFTWARE
&
SERVICES
8,328,019
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
6.0%
12,399,911
Apple,
Inc
2,126,337
488,649
(a)
Arista
Networks,
Inc
141,698
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
2,268,035
TRANSPORTATION
-
1.4%
8,050,962
(a)
Grab
Holdings
Ltd
25,280
6,523,082
(a)
Uber
Technologies,
Inc
502,212
TOTAL
TRANSPORTATION
527,492
TOTAL
COMMON
STOCKS
37,910,969
(Cost
$25,269,926)
TOTAL
LONG-TERM
INVESTMENTS
37,910,969‌
(Cost
$25,269,926)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.3%
GOVERNMENT
AGENCY
DEBT
-
0.0%
$
5,000,000
Federal
Farm
Credit
Discount
Notes
0
.000
%
04/26/24
4,979
TOTAL
GOVERNMENT
AGENCY
DEBT
4,979
REPURCHASE
AGREEMENT
-
0.2%
67,300,000
(d)
Fixed
Income
Clearing
Corp
(FICC)
5
.320
04/01/24
67,300
TOTAL
REPURCHASE
AGREEMENT
67,300
TREASURY
DEBT
-
0.1%
10,000,000
United
States
Treasury
Bill
0
.000
04/16/24
9,978
10,000,000
United
States
Treasury
Bill
0
.000
05/02/24
9,955
12,500,000
United
States
Treasury
Bill
0
.000
05/09/24
12,430
TOTAL
TREASURY
DEBT
32,363
TOTAL
SHORT-TERM
INVESTMENTS
104,642
(Cost
$104,645)
SHARES
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.0%
19,318,232
(e)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5
.340
(f)
19,318
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
19,318
(Cost
$19,318)
TOTAL
INVESTMENTS
-
100.1%
38,034,929
(Cost
$25,393,889)
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.1)%
(
38,522
)
NET
ASSETS
-
100.0%
$37,996,407
181
See
Notes
to
Portfolio
of
Investments
Cost
amounts
are
in
thousands.
ADR
American
Depositary
Receipt
(a)
Non-income
producing
(b)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$18,981,400.
(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.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$169,136,607
or
0.4%
of
Total
Investments.
(d)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.320%
dated
3/28/24
to
be
repurchased
at
$67,339,782
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.125%
and
maturity
date
7/15/26,
valued
at
$68,646,020.
(e)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(f)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
CREF
Equity
Index
Account
March
31,
2024
Portfolio
of
Investments
182
See
Notes
to
Portfolio
of
Investments
(Unaudited)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.4%
COMMON
STOCKS
-
99.4%
AUTOMOBILES
&
COMPONENTS
-
1.4%
49,971
(a)
Adient
plc
$
1,645
60,325
(a)
American
Axle
&
Manufacturing
Holdings,
Inc
444
131,438
(a)
Aptiv
plc
10,469
115,559
BorgWarner,
Inc
4,014
8,573
(a)
Cooper-Standard
Holdings,
Inc
142
18,785
Dana
Inc
239
12,642
(a)
Dorman
Products,
Inc
1,219
1,903,324
Ford
Motor
Co
25,276
23,054
(a)
Fox
Factory
Holding
Corp
1,200
551,602
General
Motors
Co
25,015
104,978
Gentex
Corp
3,792
18,149
(a)
Gentherm,
Inc
1,045
139,195
(a)
Goodyear
Tire
&
Rubber
Co
1,911
67,182
Harley-Davidson,
Inc
2,939
26,694
(a),(b)
Holley,
Inc
119
12,667
LCI
Industries
1,559
27,234
Lear
Corp
3,946
372,353
(a),(b)
Lucid
Group,
Inc
1,061
122,392
(a),(b)
Luminar
Technologies,
Inc
241
25,388
(a)
Modine
Manufacturing
Co
2,417
10,528
Patrick
Industries,
Inc
1,258
23,111
Phinia,
Inc
888
111,576
(a),(b)
QuantumScape
Corp
702
326,042
(a),(b)
Rivian
Automotive,
Inc
3,570
29,093
(a),(b)
Solid
Power,
Inc
59
11,405
Standard
Motor
Products,
Inc
383
20,247
(a)
Stoneridge,
Inc
373
1,316,079
(a)
Tesla,
Inc
231,353
22,833
Thor
Industries,
Inc
2,679
12,140
(a)
Visteon
Corp
1,428
17,654
Winnebago
Industries,
Inc
1,306
67,449
(a),(b)
Workhorse
Group,
Inc
16
9,934
(a)
XPEL,
Inc
537
TOTAL
AUTOMOBILES
&
COMPONENTS
333,245
BANKS
-
3.6%
4,682
1st
Source
Corp
245
4,331
(b)
ACNB
Corp
163
7,212
Amalgamated
Financial
Corp
173
12,491
Amerant
Bancorp,
Inc
291
5,882
American
National
Bankshares,
Inc
281
38,500
Ameris
Bancorp
1,863
9,484
Arrow
Financial
Corp
237
63,489
Associated
Banc-Corp
1,366
42,326
Atlantic
Union
Bankshares
Corp
1,495
31,941
(a)
Axos
Financial,
Inc
1,726
70,633
(b)
Banc
of
California,
Inc
1,074
10,077
Bancfirst
Corp
887
18,804
(a)
Bancorp,
Inc
629
3,732
(b)
Bank
First
Corp
323
3,280,546
Bank
of
America
Corp
124,398
23,380
(b)
Bank
of
Hawaii
Corp
1,459
7,728
Bank
of
Marin
Bancorp
130
4,849
Bank
of
NT
Butterfield
&
Son
Ltd
155
58,249
Bank
OZK
2,648
183
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
27,509
BankUnited,
Inc
$
770
682
Banner
Corp
33
11,016
Bar
Harbor
Bankshares
292
6,589
BayCom
Corp
136
7,362
BCB
Bancorp,
Inc
77
26,834
Berkshire
Hills
Bancorp,
Inc
615
13,432
(a)
Blue
Foundry
Bancorp
126
8,721
(b)
Blue
Ridge
Bankshares,
Inc
23
8,083
BOK
Financial
Corp
744
10,571
(a)
Bridgewater
Bancshares,
Inc
123
38,089
Brookline
Bancorp,
Inc
379
3,114
(b)
Burke
&
Herbert
Financial
Services
Corp
174
6,436
Business
First
Bancshares,
Inc
143
5,576
Byline
Bancorp,
Inc
121
107,871
Cadence
Bank
3,128
2,502
Cambridge
Bancorp
171
7,078
Camden
National
Corp
237
4,609
Capital
Bancorp,
Inc
96
9,158
Capital
City
Bank
Group,
Inc
254
33,828
Capitol
Federal
Financial,
Inc
202
5,956
Capstar
Financial
Holdings,
Inc
120
14,623
(a)
Carter
Bankshares,
Inc
185
25,721
Cathay
General
Bancorp
973
21,511
Central
Pacific
Financial
Corp
425
913,355
Citigroup,
Inc
57,761
9,568
Citizens
&
Northern
Corp
180
206,881
Citizens
Financial
Group,
Inc
7,508
2,158
(b)
Citizens
Financial
Services,
Inc
106
4,775
City
Holding
Co
498
7,262
Civista
Bancshares,
Inc
112
9,772
CNB
Financial
Corp
199
5,328
(a)
Coastal
Financial
Corp
207
4,711
Codorus
Valley
Bancorp,
Inc
107
8,393
Colony
Bankcorp,
Inc
97
109,266
Columbia
Banking
System,
Inc
2,114
17,061
(a)
Columbia
Financial,
Inc
294
69,667
Comerica,
Inc
3,831
58,590
Commerce
Bancshares,
Inc
3,117
29,222
Community
Bank
System,
Inc
1,404
16,516
Community
Trust
Bancorp,
Inc
704
21,722
ConnectOne
Bancorp,
Inc
424
2,974
(a)
CrossFirst
Bankshares,
Inc
41
24,821
Cullen/Frost
Bankers,
Inc
2,794
19,196
(a)
Customers
Bancorp,
Inc
1,019
45,531
CVB
Financial
Corp
812
19,153
Dime
Community
Bancshares,
Inc
369
17,266
Eagle
Bancorp,
Inc
406
71,752
East
West
Bancorp,
Inc
5,676
94,260
Eastern
Bankshares,
Inc
1,299
6,481
Enterprise
Bancorp,
Inc
168
16,077
Enterprise
Financial
Services
Corp
652
7,477
Equity
Bancshares,
Inc
257
3,546
Esquire
Financial
Holdings,
Inc
168
6,206
(b)
Farmers
&
Merchants
Bancorp,
Inc
138
18,150
Farmers
National
Banc
Corp
242
13,107
FB
Financial
Corp
494
2,294
(b)
Fidelity
D&D
Bancorp,
Inc
111
331,334
Fifth
Third
Bancorp
12,329
10,211
Financial
Institutions,
Inc
192
15,371
First
Bancorp
555
114,850
First
BanCorp
2,014
6,485
First
Bancorp,
Inc
160
CREF
Equity
Index
Account
March
31,
2024
184
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,018
First
Bancshares,
Inc
$
156
7,950
First
Bank
109
26,747
First
Busey
Corp
643
4,107
First
Business
Financial
Services,
Inc
154
5,110
First
Citizens
Bancshares,
Inc
(Class
A)
8,355
52,091
First
Commonwealth
Financial
Corp
725
12,139
First
Community
Bancshares,
Inc
420
13,901
First
Financial
Bancorp
312
70,877
First
Financial
Bankshares,
Inc
2,325
505
First
Financial
Corp
19
19,660
First
Foundation,
Inc
148
71,845
First
Hawaiian,
Inc
1,578
266,280
First
Horizon
National
Corp
4,101
43,798
First
Interstate
BancSystem,
Inc
1,192
29,933
First
Merchants
Corp
1,045
7,120
First
Mid
Bancshares,
Inc
233
15,462
First
of
Long
Island
Corp
171
4,047
(a)
First
Western
Financial,
Inc
59
6,452
Five
Star
Bancorp
145
4,145
(b)
Flushing
Financial
Corp
52
157,037
FNB
Corp
2,214
3,291
FS
Bancorp,
Inc
114
75,484
Fulton
Financial
Corp
1,199
7,652
(a),(b)
FVCBankcorp,
Inc
93
5,087
German
American
Bancorp,
Inc
176
63,141
Glacier
Bancorp,
Inc
2,543
1,871
(b)
Great
Southern
Bancorp,
Inc
103
3,479
(b)
Greene
County
Bancorp,
Inc
100
1,346
Guaranty
Bancshares,
Inc
41
47,878
Hancock
Whitney
Corp
2,204
23,963
Hanmi
Financial
Corp
382
16,668
HarborOne
Bancorp,
Inc
178
6,442
HBT
Financial,
Inc
123
13,408
Heartland
Financial
USA,
Inc
471
25,661
Heritage
Commerce
Corp
220
22,188
Heritage
Financial
Corp
430
35,248
Hilltop
Holdings,
Inc
1,104
997
Hingham
Institution
For
Savings
The
174
4,264
Home
Bancorp,
Inc
163
81,882
Home
Bancshares,
Inc
2,012
15,022
HomeStreet,
Inc
226
13,541
HomeTrust
Bancshares,
Inc
370
59,403
Hope
Bancorp,
Inc
684
2,709
Horizon
Bancorp,
Inc
35
728,267
Huntington
Bancshares,
Inc
10,159
25,003
Independent
Bank
Corp
1,301
17,558
Independent
Bank
Corp
445
20,253
Independent
Bank
Group,
Inc
925
15,656
International
Bancshares
Corp
879
5,837
(b)
John
Marshall
Bancorp,
Inc
105
1,373,502
JPMorgan
Chase
&
Co
275,112
8,268
Kearny
Financial
Corp
53
434,062
Keycorp
6,863
9,106
Lakeland
Bancorp,
Inc
110
13,317
Lakeland
Financial
Corp
883
14,926
Live
Oak
Bancshares,
Inc
620
77,098
M&T
Bank
Corp
11,213
19,210
Macatawa
Bank
Corp
188
1,529
Mercantile
Bank
Corp
59
10,190
Metrocity
Bankshares,
Inc
254
4,420
(a),(b)
Metropolitan
Bank
Holding
Corp
170
7,348
Mid
Penn
Bancorp,
Inc
147
185
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
3,829
(b)
Middlefield
Banc
Corp
$
91
10,800
Midland
States
Bancorp,
Inc
271
7,821
MidWestOne
Financial
Group,
Inc
183
5,369
MVB
Financial
Corp
120
19,324
National
Bank
Holdings
Corp
697
21,431
NBT
Bancorp,
Inc
786
90,301
(b)
New
York
Community
Bancorp,
Inc
291
6,480
Nicolet
Bankshares,
Inc
557
3,442
Northeast
Bank
190
5,388
Northfield
Bancorp,
Inc
52
2,656
Northrim
BanCorp,
Inc
134
7,868
Northwest
Bancshares,
Inc
92
3,544
(b)
Norwood
Financial
Corp
96
1,079,262
(a)
NU
Holdings
Ltd
12,876
12,012
OceanFirst
Financial
Corp
197
33,903
OFG
Bancorp
1,248
133,138
Old
National
Bancorp
2,318
21,667
Old
Second
Bancorp,
Inc
300
11,057
Origin
Bancorp,
Inc
345
5,318
Orrstown
Financial
Services,
Inc
142
51,153
Pacific
Premier
Bancorp,
Inc
1,228
7,855
Park
National
Corp
1,067
5,178
(b)
Parke
Bancorp,
Inc
89
20,574
Pathward
Financial,
Inc
1,039
5,966
PCB
Bancorp
97
267
Peapack
Gladstone
Financial
Corp
7
4,697
Peoples
Bancorp,
Inc
139
5,712
(b)
Peoples
Financial
Services
Corp
246
41,191
Pinnacle
Financial
Partners,
Inc
3,537
2,662
Plumas
Bancorp
98
194,236
PNC
Financial
Services
Group,
Inc
31,389
11,515
(a)
Ponce
Financial
Group,
Inc
102
38,321
Popular,
Inc
3,376
8,859
Preferred
Bank
680
20,188
Premier
Financial
Corp
410
8,140
Primis
Financial
Corp
99
41,648
Prosperity
Bancshares,
Inc
2,740
35,868
Provident
Financial
Services,
Inc
523
8,729
QCR
Holdings,
Inc
530
9,265
RBB
Bancorp
167
2,235
Red
River
Bancshares,
Inc
111
446,451
Regions
Financial
Corp
9,393
30,881
Renasant
Corp
967
6,104
Republic
Bancorp,
Inc
(Class
A)
311
13,081
(b)
S&T
Bancorp,
Inc
420
22,606
Sandy
Spring
Bancorp,
Inc
524
34,531
Seacoast
Banking
Corp
of
Florida
877
24,631
ServisFirst
Bancshares,
Inc
1,635
9,123
Shore
Bancshares,
Inc
105
8,919
Sierra
Bancorp
180
55,218
Simmons
First
National
Corp
(Class
A)
1,075
5,382
SmartFinancial,
Inc
113
5,202
South
Plains
Financial,
Inc
139
4,079
(a)
Southern
First
Bancshares,
Inc
130
4,139
Southern
Missouri
Bancorp,
Inc
181
10,544
(b)
Southside
Bancshares,
Inc
308
38,442
SouthState
Corp
3,269
23,920
Stellar
Bancorp,
Inc
583
11,262
(b)
Stock
Yards
Bancorp,
Inc
551
6,101
Summit
Financial
Group,
Inc
166
74,250
Synovus
Financial
Corp
2,974
27,678
(a)
Texas
Capital
Bancshares,
Inc
1,704
CREF
Equity
Index
Account
March
31,
2024
186
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,549
(a)
Third
Coast
Bancshares,
Inc
$
131
7,201
Tompkins
Trustco,
Inc
362
34,516
Towne
Bank
969
19,212
Trico
Bancshares
707
10,668
(a)
Triumph
Financial,
Inc
846
634,840
Truist
Financial
Corp
24,746
2,656
TrustCo
Bank
Corp
NY
75
34,442
Trustmark
Corp
968
23,900
UMB
Financial
Corp
2,079
68,198
United
Bankshares,
Inc
2,441
48,352
United
Community
Banks,
Inc
1,273
3,873
Unity
Bancorp,
Inc
107
5,426
Univest
Financial
Corp
113
746,165
US
Bancorp
33,354
218,557
Valley
National
Bancorp
1,740
22,054
Veritex
Holdings,
Inc
452
25,531
Washington
Federal,
Inc
741
3,676
Washington
Trust
Bancorp,
Inc
99
85,391
Webster
Financial
Corp
4,335
1,712,159
Wells
Fargo
&
Co
99,237
21,097
WesBanco,
Inc
629
11,970
West
Bancorporation,
Inc
213
13,352
Westamerica
Bancorporation
653
53,770
Western
Alliance
Bancorp
3,452
31,127
Wintrust
Financial
Corp
3,249
37,346
WSFS
Financial
Corp
1,686
81,460
Zions
Bancorporation
3,535
TOTAL
BANKS
886,893
CAPITAL
GOODS
-
6.7%
29,422
(a),(b)
374Water,
Inc
37
66,252
(a),(b)
3D
Systems
Corp
294
263,361
3M
Co
27,935
57,428
A.O.
Smith
Corp
5,138
32,247
Aaon,
Inc
2,841
11,925
(a)
AAR
Corp
714
13,778
Acuity
Brands,
Inc
3,703
31,531
Advanced
Drainage
Systems,
Inc
5,431
58,431
Aecom
Technology
Corp
5,731
12,268
(a)
Aerovironment,
Inc
1,880
8,143
(a)
AerSale
Corp
58
29,823
AGCO
Corp
3,669
49,083
Air
Lease
Corp
2,525
5,157
Alamo
Group,
Inc
1,178
16,794
Albany
International
Corp
(Class
A)
1,570
41,449
Allegion
plc
5,584
6,739
Allied
Motion
Technologies,
Inc
240
33,685
Allison
Transmission
Holdings,
Inc
2,734
10,745
Alta
Equipment
Group,
Inc
139
13,776
(a),(b)
Ameresco,
Inc
332
10,171
(a)
American
Woodmark
Corp
1,034
106,449
Ametek,
Inc
19,470
98,441
(a)
API
Group
Corp
3,866
4,551
Apogee
Enterprises,
Inc
269
17,287
Applied
Industrial
Technologies,
Inc
3,415
63,826
(a),(b)
Archer
Aviation,
Inc
295
26,444
Arcosa,
Inc
2,271
10,471
Argan,
Inc
529
20,887
Armstrong
World
Industries,
Inc
2,595
69,116
(a)
Array
Technologies,
Inc
1,031
15,250
Astec
Industries,
Inc
667
15,755
(a)
Astronics
Corp
300
187
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
16,113
Atkore,
Inc
$
3,067
32,661
(a)
Axon
Enterprise,
Inc
10,219
60,195
(a)
AZEK
Co,
Inc
3,023
13,571
AZZ,
Inc
1,049
25,595
Barnes
Group,
Inc
951
30,037
(a)
Beacon
Roofing
Supply,
Inc
2,944
19,926
(a),(b)
Blink
Charging
Co
60
75,992
(a),(b)
Bloom
Energy
Corp
854
3,946
(a)
Blue
Bird
Corp
151
4,896
(a)
BlueLinx
Holdings,
Inc
638
268,071
(a)
Boeing
Co
51,735
16,526
Boise
Cascade
Co
2,535
4,978
(a)
Bowman
Consulting
Group
Ltd
173
13,313
(b)
Brookfield
Business
Corp
321
59,390
(a)
Builders
FirstSource,
Inc
12,386
40,627
BWX
Technologies,
Inc
4,169
8,469
Cadre
Holdings,
Inc
307
23,004
Carlisle
Cos,
Inc
9,014
398,310
Carrier
Global
Corp
23,154
243,343
Caterpillar,
Inc
89,168
120,169
(a),(b)
ChargePoint
Holdings,
Inc
228
20,872
(a),(b)
Chart
Industries,
Inc
3,438
439,165
CNH
Industrial
NV
5,692
14,727
Columbus
McKinnon
Corp
657
17,475
Comfort
Systems
USA,
Inc
5,552
15,927
(a)
Commercial
Vehicle
Group,
Inc
102
13,197
(a)
Concrete
Pumping
Holdings,
Inc
104
11,212
(a)
Construction
Partners,
Inc
630
83,036
(a)
Core
&
Main,
Inc
4,754
21,581
Crane
Co
2,916
7,468
CSW
Industrials,
Inc
1,752
67,933
Cummins,
Inc
20,016
16,504
Curtiss-Wright
Corp
4,224
30,728
(a)
Custom
Truck
One
Source,
Inc
179
123,456
Deere
&
Co
50,708
62,846
(a),(b)
Desktop
Metal,
Inc
55
27,073
(a)
DNOW,
Inc
412
52,930
Donaldson
Co,
Inc
3,953
16,771
Douglas
Dynamics,
Inc
405
65,346
Dover
Corp
11,579
8,048
(a)
Ducommun,
Inc
413
11,117
(a)
DXP
Enterprises,
Inc
597
11,046
(a)
Dycom
Industries,
Inc
1,585
191,865
Eaton
Corp
plc
59,992
21,296
EMCOR
Group,
Inc
7,458
273,301
Emerson
Electric
Co
30,998
8,964
Encore
Wire
Corp
2,356
24,905
(a)
Energy
Recovery,
Inc
393
12,892
(a),(b)
Energy
Vault
Holdings,
Inc
23
32,971
Enerpac
Tool
Group
Corp
1,176
18,213
EnerSys
1,720
55,762
(a),(b)
Enovix
Corp
447
11,263
EnPro
Industries,
Inc
1,901
28,088
Esab
Corp
3,106
13,003
ESCO
Technologies,
Inc
1,392
41,349
(a),(b)
ESS
Tech,
Inc
30
9,017
(a),(b)
Eve
Holding,
Inc
49
266,692
Fastenal
Co
20,573
32,884
Federal
Signal
Corp
2,791
98,612
Ferguson
plc
21,540
55,538
Flowserve
Corp
2,537
18,242
(a),(b)
Fluence
Energy,
Inc
316
CREF
Equity
Index
Account
March
31,
2024
188
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
77,505
(a)
Fluor
Corp
$
3,277
165,023
Fortive
Corp
14,195
67,350
Fortune
Brands
Innovations,
Inc
5,703
20,104
Franklin
Electric
Co,
Inc
2,147
49,125
FTAI
Aviation
Ltd
3,306
21,243
(a),(b)
FTC
Solar,
Inc
11
176,294
(a),(b)
FuelCell
Energy,
Inc
210
79,515
(a)
Gates
Industrial
Corp
plc
1,408
14,376
GATX
Corp
1,927
26,482
(a)
Generac
Holdings,
Inc
3,340
116,542
General
Dynamics
Corp
32,922
516,678
General
Electric
Co
90,693
17,907
(a)
Gibraltar
Industries,
Inc
1,442
9,938
Global
Industrial
Co
445
14,160
(a)
GMS,
Inc
1,378
12,385
Gorman-Rupp
Co
490
78,611
Graco,
Inc
7,347
95,580
(b)
GrafTech
International
Ltd
132
12,176
Granite
Construction,
Inc
696
44,924
(a)
Great
Lakes
Dredge
&
Dock
Corp
393
14,394
Greenbrier
Cos,
Inc
750
20,793
Griffon
Corp
1,525
17,554
H&E
Equipment
Services,
Inc
1,127
63,817
(a)
Hayward
Holdings,
Inc
977
21,280
HEICO
Corp
4,064
38,786
HEICO
Corp
(Class
A)
5,971
16,194
Helios
Technologies,
Inc
724
13,619
Herc
Holdings,
Inc
2,292
41,915
Hexcel
Corp
3,054
32,149
Hillenbrand,
Inc
1,617
69,001
(a)
Hillman
Solutions
Corp
734
314,740
Honeywell
International,
Inc
64,600
188,854
Howmet
Aerospace,
Inc
12,923
25,443
Hubbell,
Inc
10,560
22,109
(a)
Hudson
Technologies,
Inc
243
16,667
Huntington
Ingalls
Industries,
Inc
4,858
63,978
(a),(b)
Hyliion
Holdings
Corp
113
7,224
Hyster-Yale
Materials
Handling,
Inc
464
37,542
IDEX
Corp
9,161
5,334
(a)
IES
Holdings,
Inc
649
141,344
Illinois
Tool
Works,
Inc
37,927
192,430
Ingersoll
Rand,
Inc
18,271
3,056
Insteel
Industries,
Inc
117
39,987
ITT,
Inc
5,439
41,873
(a)
Janus
International
Group,
Inc
634
45,832
(a)
JELD-WEN
Holding,
Inc
973
9,952
John
Bean
Technologies
Corp
1,044
318,910
Johnson
Controls
International
plc
20,831
5,348
Kadant,
Inc
1,755
15,070
Kaman
Corp
691
45,625
Kennametal,
Inc
1,138
66,946
(a)
Kratos
Defense
&
Security
Solutions,
Inc
1,230
92,330
L3Harris
Technologies,
Inc
19,676
9,846
(a)
Lawson
Products,
Inc
349
15,315
Lennox
International,
Inc
7,485
24,937
(a)
Leonardo
DRS,
Inc
551
4,566
(a)
Limbach
Holdings,
Inc
189
28,514
Lincoln
Electric
Holdings,
Inc
7,284
5,950
Lindsay
Corp
700
103,368
Lockheed
Martin
Corp
47,019
12,965
LSI
Industries,
Inc
196
17,575
Luxfer
Holdings
plc
182
189
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
22,630
(a)
Manitowoc
Co,
Inc
$
320
107,444
Masco
Corp
8,475
7,698
(a)
Masonite
International
Corp
1,012
32,416
(a)
Mastec,
Inc
3,023
67,350
(a)
Masterbrand,
Inc
1,262
8,494
McGrath
RentCorp
1,048
96,446
MDU
Resources
Group,
Inc
2,430
30,340
(a)
Mercury
Computer
Systems,
Inc
895
87,434
(a),(b)
Microvast
Holdings,
Inc
73
24,886
(a)
Middleby
Corp
4,001
7,280
Miller
Industries,
Inc
365
14,585
Moog,
Inc
(Class
A)
2,329
43,932
(a)
MRC
Global,
Inc
552
19,273
MSC
Industrial
Direct
Co
(Class
A)
1,870
57,366
Mueller
Industries,
Inc
3,094
85,916
Mueller
Water
Products,
Inc
(Class
A)
1,382
6,055
(a)
MYR
Group,
Inc
1,070
3,534
National
Presto
Industries,
Inc
296
60,488
(a)
NEXTracker,
Inc
3,404
88,306
(a),(b)
Nikola
Corp
92
25,712
Nordson
Corp
7,059
68,211
Northrop
Grumman
Corp
32,650
6,891
(a)
Northwest
Pipe
Co
239
16,026
(a),(b)
NuScale
Power
Corp
85
74,858
nVent
Electric
plc
5,644
2,354
(b)
Omega
Flex,
Inc
167
27,603
Oshkosh
Corp
3,442
190,527
Otis
Worldwide
Corp
18,914
42,635
Owens
Corning,
Inc
7,112
246,202
PACCAR,
Inc
30,502
14,228
(b)
Park
Aerospace
Corp
237
61,844
Parker-Hannifin
Corp
34,372
20,471
(a)
Parsons
Corp
1,698
81,606
Pentair
plc
6,972
274,975
(a),(b)
Plug
Power,
Inc
946
2,948
Powell
Industries,
Inc
420
1,801
Preformed
Line
Products
Co
232
28,783
Primoris
Services
Corp
1,225
15,505
(a)
Proto
Labs,
Inc
554
16,969
Quanex
Building
Products
Corp
652
68,806
Quanta
Services,
Inc
17,876
13,498
(a)
RBC
Bearings,
Inc
3,649
32,418
Regal-Beloit
Corp
5,838
82,950
(a)
Resideo
Technologies,
Inc
1,860
8,757
REV
Group,
Inc
193
109,316
(a),(b)
Rocket
Lab
USA,
Inc
449
56,702
Rockwell
Automation,
Inc
16,519
691,265
RTX
Corp
67,419
10,342
Rush
Enterprises,
Inc
551
22,836
Rush
Enterprises,
Inc
(Class
A)
1,222
80,042
Sensata
Technologies
Holding
plc
2,941
63,890
(a),(b)
SES
AI
Corp
107
81,772
(a)
Shoals
Technologies
Group,
Inc
914
18,886
Shyft
Group,
Inc
235
19,894
Simpson
Manufacturing
Co,
Inc
4,082
24,415
(a)
SiteOne
Landscape
Supply,
Inc
4,262
23,368
Snap-On,
Inc
6,922
59,911
(a)
Spirit
Aerosystems
Holdings,
Inc
(Class
A)
2,161
23,935
(a)
SPX
Technologies,
Inc
2,947
4,143
Standex
International
Corp
755
77,790
Stanley
Black
&
Decker,
Inc
7,618
73,460
(a),(b)
Stem,
Inc
161
CREF
Equity
Index
Account
March
31,
2024
190
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
18,886
(a)
Sterling
Construction
Co,
Inc
$
2,083
42,585
(a),(b)
SunPower
Corp
128
109,516
(a),(b)
Sunrun,
Inc
1,443
10,075
Tennant
Co
1,225
35,787
Terex
Corp
2,305
87,191
Textron,
Inc
8,364
24,419
(a)
Thermon
Group
Holdings,
Inc
799
26,899
Timken
Co
2,352
27,553
(a)
Titan
International,
Inc
343
11,613
(a)
Titan
Machinery,
Inc
288
51,928
Toro
Co
4,758
108,872
Trane
Technologies
plc
32,683
3,856
(a)
Transcat,
Inc
430
25,384
TransDigm
Group,
Inc
31,263
52,464
(a)
Trex
Co,
Inc
5,233
16,444
Trinity
Industries,
Inc
458
32,779
(a)
Triumph
Group,
Inc
493
27,269
(a)
Tutor
Perini
Corp
394
26,618
UFP
Industries,
Inc
3,274
32,367
United
Rentals,
Inc
23,340
7,860
(a)
V2X,
Inc
367
10,628
Valmont
Industries,
Inc
2,426
164,299
Vertiv
Holdings
Co
13,418
12,845
(a)
Vicor
Corp
491
85,951
(a),(b)
Virgin
Galactic
Holdings,
Inc
127
20,696
W.W.
Grainger,
Inc
21,054
23,411
Wabash
National
Corp
701
16,513
Watsco,
Inc
7,133
12,667
Watts
Water
Technologies,
Inc
(Class
A)
2,692
22,053
WESCO
International,
Inc
3,777
81,108
Westinghouse
Air
Brake
Technologies
Corp
11,816
89,818
(a)
WillScot
Mobile
Mini
Holdings
Corp
4,177
30,482
Woodward
Inc
4,698
17,318
(a),(b)
Xometry,
Inc
293
113,012
Xylem,
Inc
14,606
65,462
Zurn
Elkay
Water
Solutions
Corp
2,191
TOTAL
CAPITAL
GOODS
1,624,110
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.7%
27,128
ABM
Industries,
Inc
1,210
5,587
ACCO
Brands
Corp
31
57,811
(a)
ACV
Auctions,
Inc
1,085
174,070
(a)
Alight,
Inc
1,715
11,286
Aris
Water
Solution,
Inc
160
27,574
(a)
ASGN,
Inc
2,889
152,445
(a),(b)
Aurora
Innovation,
Inc
430
196,234
Automatic
Data
Processing,
Inc
49,007
5,145
Barrett
Business
Services,
Inc
652
60,886
(a),(b)
BlackSky
Technology,
Inc
83
61,673
Booz
Allen
Hamilton
Holding
Corp
9,155
16,522
(a)
BrightView
Holdings,
Inc
197
18,487
Brink's
Co
1,708
53,827
Broadridge
Financial
Solutions,
Inc
11,027
10,973
(a)
CACI
International,
Inc
(Class
A)
4,157
26,846
(a)
Casella
Waste
Systems,
Inc
(Class
A)
2,654
18,053
(a)
CBIZ,
Inc
1,417
14,787
(a)
CECO
Environmental
Corp
340
8,021
(a)
Cimpress
plc
710
40,902
Cintas
Corp
28,101
226,376
(a),(b)
Clarivate
plc
1,682
23,755
(a)
Clean
Harbors,
Inc
4,782
21,043
Concentrix
Corp
1,393
191
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
91,431
(a)
Conduent,
Inc
$
309
397,909
(a)
Copart,
Inc
23,047
49,610
(a)
CoreCivic,
Inc
774
192,612
(a)
CoStar
Group,
Inc
18,606
3,881
CRA
International,
Inc
581
17,763
CSG
Systems
International,
Inc
916
22,984
Deluxe
Corp
473
20,676
(a)
Driven
Brands
Holdings,
Inc
326
129,661
Dun
&
Bradstreet
Holdings,
Inc
1,302
1,045
Ennis,
Inc
21
59,468
Equifax,
Inc
15,909
86,090
(a)
ExlService
Holdings,
Inc
2,738
28,338
Exponent,
Inc
2,343
15,944
First
Advantage
Corp
259
7,582
(a)
Forrester
Research,
Inc
163
7,620
(a)
Franklin
Covey
Co
299
16,142
(a)
FTI
Consulting,
Inc
3,395
81,103
Genpact
Ltd
2,672
42,598
(a),(b)
GEO
Group,
Inc
601
42,732
(a)
Harsco
Corp
391
40,910
(a)
Healthcare
Services
Group
511
14,300
Heidrick
&
Struggles
International,
Inc
481
37,280
Herman
Miller,
Inc
923
10,874
(a)
HireRight
Holdings
Corp
155
27,032
HNI
Corp
1,220
9,371
(a)
Huron
Consulting
Group,
Inc
905
6,267
ICF
International,
Inc
944
12,531
(a),(b)
Innodata,
Inc
83
19,828
Insperity,
Inc
2,173
44,581
Interface,
Inc
750
59,295
Jacobs
Solutions,
Inc
9,115
66,111
KBR,
Inc
4,209
20,372
Kelly
Services,
Inc
(Class
A)
510
11,207
Kforce,
Inc
790
29,134
Korn/Ferry
International
1,916
23,268
(a)
Legalzoom.com,
Inc
310
62,921
Leidos
Holdings,
Inc
8,248
19,090
(a)
Liquidity
Services,
Inc
355
25,524
Manpower,
Inc
1,982
16,885
Matthews
International
Corp
(Class
A)
525
31,583
MAXIMUS,
Inc
2,650
12,017
(a)
Montrose
Environmental
Group,
Inc
471
15,466
MSA
Safety,
Inc
2,994
4,961
NL
Industries,
Inc
36
5,211
(a)
NV5
Global,
Inc
511
67,918
(a)
OPENLANE,
Inc
1,175
149,731
Paychex,
Inc
18,387
24,132
Paycom
Software,
Inc
4,803
33,846
(a)
Performant
Financial
Corp
100
95,984
Pitney
Bowes,
Inc
416
79,689
(a),(b)
Planet
Labs
PBC
203
90,452
RB
Global,
Inc
6,890
4,854
(a),(b)
Red
Violet,
Inc
95
97,841
Republic
Services,
Inc
18,731
20,546
Resources
Connection,
Inc
270
52,374
Robert
Half
International,
Inc
4,152
119,495
Rollins,
Inc
5,529
28,414
Science
Applications
International
Corp
3,705
12,140
(a)
SP
Plus
Corp
634
100,288
SS&C
Technologies
Holdings,
Inc
6,456
61,807
Steelcase,
Inc
(Class
A)
808
49,051
(a)
Stericycle,
Inc
2,587
CREF
Equity
Index
Account
March
31,
2024
192
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
12,139
(a),(b)
Sterling
Check
Corp
$
195
25,107
Tetra
Tech,
Inc
4,638
92,480
TransUnion
7,380
15,001
TriNet
Group,
Inc
1,987
19,072
(a)
TrueBlue,
Inc
239
10,054
TTEC
Holdings,
Inc
104
8,983
Unifirst
Corp
1,558
63,645
(a)
Upwork,
Inc
780
100,108
Veralto
Corp
8,876
68,472
Verisk
Analytics,
Inc
16,141
63,620
(a)
Verra
Mobility
Corp
1,589
54,222
Vestis
Corp
1,045
15,178
(a)
Viad
Corp
599
5,586
VSE
Corp
447
191,328
Waste
Management,
Inc
40,782
5,398
(a)
Willdan
Group,
Inc
156
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
403,934
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
5.6%
18,290
(a)
1-800-FLOWERS.COM,
Inc
(Class
A)
198
18,402
Aaron's
Co,
Inc
138
23,424
(a)
Abercrombie
&
Fitch
Co
(Class
A)
2,936
36,738
Academy
Sports
&
Outdoors,
Inc
2,481
28,577
Advance
Auto
Parts,
Inc
2,432
4,293,587
(a)
Amazon.com,
Inc
774,477
85,497
American
Eagle
Outfitters,
Inc
2,205
3,312
(a)
America's
Car-Mart,
Inc
212
65,041
Arko
Corp
371
7,272
(a)
Asbury
Automotive
Group,
Inc
1,715
12,767
(a)
Autonation,
Inc
2,114
8,267
(a)
Autozone,
Inc
26,055
101,629
Bath
&
Body
Works,
Inc
5,083
88,141
Best
Buy
Co,
Inc
7,230
11,361
(b)
Big
5
Sporting
Goods
Corp
40
15,681
(a)
Boot
Barn
Holdings,
Inc
1,492
14,004
Buckle,
Inc
564
7,271
(b)
Build-A-Bear
Workshop,
Inc
217
29,889
(a)
Burlington
Stores,
Inc
6,940
20,111
Caleres,
Inc
825
22,123
Camping
World
Holdings,
Inc
616
78,807
(a)
Carmax,
Inc
6,865
19,398
(a)
CarParts.com,
Inc
31
47,579
(a)
Carvana
Co
4,183
12,003
Cato
Corp
(Class
A)
69
9,723
(a),(b)
ContextLogic,
Inc
55
511,300
(a)
Coupang,
Inc
9,096
32,814
(b)
Designer
Brands,
Inc
359
30,615
(a)
Destination
XL
Group,
Inc
110
25,367
Dick's
Sporting
Goods,
Inc
5,704
1,003
(b)
Dillard's,
Inc
(Class
A)
473
7,236
(a)
Duluth
Holdings,
Inc
35
248,893
eBay,
Inc
13,137
61,188
(a)
Etsy,
Inc
4,205
34,837
(a),(b)
EVgo,
Inc
87
27,604
(a)
Five
Below,
Inc
5,007
49,914
(a)
Floor
&
Decor
Holdings,
Inc
6,470
33,391
Foot
Locker,
Inc
952
10,965
(a)
Funko,
Inc
68
138,452
(a),(b)
GameStop
Corp
(Class
A)
1,733
81,317
Gap,
Inc
2,240
7,998
(a)
Genesco,
Inc
225
67,692
Genuine
Parts
Co
10,488
193
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,868
Group
1
Automotive,
Inc
$
2,007
29,518
(a),(b)
GrowGeneration
Corp
84
21,962
(b)
Guess,
Inc
691
9,098
Haverty
Furniture
Cos,
Inc
310
9,181
Hibbett
Sports,
Inc
705
475,829
Home
Depot,
Inc
182,528
65,995
Kohl's
Corp
1,924
9,431
(a)
Lands'
End,
Inc
103
59,869
(a)
Leslie's,
Inc
389
13,553
Lithia
Motors,
Inc
(Class
A)
4,078
125,433
LKQ
Corp
6,699
275,617
Lowe's
Cos,
Inc
70,208
109,170
Macy's,
Inc
2,182
11,739
(a)
MarineMax,
Inc
390
18,107
Monro
Muffler,
Inc
571
8,996
Murphy
USA,
Inc
3,771
47,869
(a)
National
Vision
Holdings,
Inc
1,061
57,180
(b)
Nordstrom,
Inc
1,159
18,624
(a)
ODP
Corp
988
27,556
(a)
Ollie's
Bargain
Outlet
Holdings,
Inc
2,193
5,690
(a),(b)
OneWater
Marine,
Inc
160
28,419
(a)
O'Reilly
Automotive,
Inc
32,082
24,586
(a)
Overstock.com,
Inc
883
9,990
Penske
Auto
Group,
Inc
1,618
40,988
(a)
Petco
Health
&
Wellness
Co,
Inc
93
14,105
(b)
PetMed
Express,
Inc
68
18,519
Pool
Corp
7,472
19,596
(a),(b)
Revolve
Group,
Inc
415
7,732
(a)
RH
2,693
155,693
Ross
Stores,
Inc
22,849
7,776
(a)
Sally
Beauty
Holdings,
Inc
97
13,763
(a),(b)
Savers
Value
Village,
Inc
265
4,712
Shoe
Carnival,
Inc
173
20,162
Signet
Jewelers
Ltd
2,018
13,058
(a)
Sleep
Number
Corp
209
62
Sonic
Automotive,
Inc
(Class
A)
4
19,952
(a)
Sportsman's
Warehouse
Holdings,
Inc
62
32,244
(a)
Stitch
Fix,
Inc
85
30,109
(a),(b)
ThredUp,
Inc
60
6,790
(a)
Tilly's,
Inc
46
538,352
TJX
Cos,
Inc
54,600
52,588
Tractor
Supply
Co
13,763
24,062
(a)
Ulta
Beauty,
Inc
12,582
6,465
Upbound
Group,
Inc
228
31,536
(a)
Urban
Outfitters,
Inc
1,369
66,985
(a)
Valvoline,
Inc
2,986
37,799
(a)
Victoria's
Secret
&
Co
733
42,783
(a)
Warby
Parker,
Inc
582
41,399
(a),(b)
Wayfair,
Inc
2,810
29,826
Williams-Sonoma,
Inc
9,471
1,945
Winmark
Corp
704
11,661
(a)
Zumiez,
Inc
177
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
1,363,331
CONSUMER
DURABLES
&
APPAREL
-
1.1%
15,286
Acushnet
Holdings
Corp
1,008
48,382
(a),(b)
Allbirds,
Inc
34
35,953
(a),(b)
AMMO,
Inc
99
1,361
(a)
Beazer
Homes
USA,
Inc
45
14,995
(a)
BK
LC
Lux
Finco
2
Sarl
708
35,190
Brunswick
Corp
3,397
63,158
(a)
Callaway
Golf
Co
1,021
CREF
Equity
Index
Account
March
31,
2024
194
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
42,913
(a)
Capri
Holdings
Ltd
$
1,944
19,479
Carter's,
Inc
1,649
5,040
(a)
Cavco
Industries,
Inc
2,011
13,611
Century
Communities,
Inc
1,313
14,289
Clarus
Corp
96
14,763
Columbia
Sportswear
Co
1,198
23,677
(b)
Cricut,
Inc
113
24,729
(a)
Crocs,
Inc
3,556
12,211
(a)
Deckers
Outdoor
Corp
11,494
144,818
DR
Horton,
Inc
23,830
10,739
(a)
Dream
Finders
Homes,
Inc
470
18,783
Ethan
Allen
Interiors,
Inc
649
69,522
(a)
Garmin
Ltd
10,350
24,084
(a)
G-III
Apparel
Group
Ltd
699
74,136
(a)
GoPro,
Inc
165
16,535
(a)
Green
Brick
Partners,
Inc
996
156,073
(a)
Hanesbrands,
Inc
905
52,964
Hasbro,
Inc
2,994
13,347
(a)
Helen
of
Troy
Ltd
1,538
5,483
Hooker
Furniture
Corp
132
2,792
(a)
Hovnanian
Enterprises,
Inc
438
11,276
Installed
Building
Products,
Inc
2,917
15,263
(a)
iRobot
Corp
134
3,583
Johnson
Outdoors,
Inc
165
34,928
KB
Home
2,476
30,075
Kontoor
Brands,
Inc
1,812
12,660
(a)
Latham
Group,
Inc
50
25,091
La-Z-Boy,
Inc
944
4,968
(a)
Legacy
Housing
Corp
107
73,033
Leggett
&
Platt,
Inc
1,399
114,668
Lennar
Corp
(Class
A)
19,721
6,837
Lennar
Corp
(Class
B)
1,054
12,635
(a)
LGI
Homes,
Inc
1,470
5,568
(a)
Lovesac
Co
126
52,172
(a)
Lululemon
Athletica,
Inc
20,381
13,163
(a)
M/I
Homes,
Inc
1,794
13,092
(a)
Malibu
Boats,
Inc
567
8,407
(b)
Marine
Products
Corp
99
13,690
(a)
MasterCraft
Boat
Holdings,
Inc
325
167,123
(a)
Mattel,
Inc
3,311
23,210
MDC
Holdings,
Inc
1,460
17,632
Meritage
Homes
Corp
3,094
28,443
(a)
Mohawk
Industries,
Inc
3,723
11,320
Movado
Group,
Inc
316
125,637
Newell
Rubbermaid,
Inc
1,009
562,601
Nike,
Inc
(Class
B)
52,873
1,342
(a)
NVR,
Inc
10,870
8,770
Oxford
Industries,
Inc
986
145,284
(a),(b)
Peloton
Interactive,
Inc
623
24,590
Polaris
Industries,
Inc
2,462
99,478
Pulte
Homes,
Inc
11,999
27,406
(b)
Purple
Innovation,
Inc
48
27,729
PVH
Corp
3,899
19,684
Ralph
Lauren
Corp
3,696
3,738
Rocky
Brands,
Inc
101
61,539
(a)
Skechers
U.S.A.,
Inc
(Class
A)
3,770
28,672
(a)
Skyline
Champion
Corp
2,437
29,016
Smith
&
Wesson
Brands,
Inc
504
67,337
(a)
Sonos,
Inc
1,283
44,766
Steven
Madden
Ltd
1,893
3,716
Sturm
Ruger
&
Co,
Inc
171
115,012
Tapestry,
Inc
5,461
195
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
44,029
(a)
Taylor
Morrison
Home
Corp
$
2,737
87,531
Tempur
Sealy
International,
Inc
4,973
46,691
Toll
Brothers,
Inc
6,040
15,774
(a)
TopBuild
Corp
6,952
12,158
(a)
Traeger,
Inc
31
47,835
(a)
Tri
Pointe
Homes,
Inc
1,849
84,878
(a)
Under
Armour,
Inc
(Class
A)
626
110,542
(a)
Under
Armour,
Inc
(Class
C)
789
180,319
VF
Corp
2,766
28,750
(a)
Vista
Outdoor,
Inc
942
34,786
(a)
Vizio
Holding
Corp
381
32,024
(a),(b)
Vuzix
Corp
39
19,639
Whirlpool
Corp
2,349
48,726
Wolverine
World
Wide,
Inc
546
46,993
(a)
YETI
Holdings,
Inc
1,812
TOTAL
CONSUMER
DURABLES
&
APPAREL
277,214
CONSUMER
SERVICES
-
2.3%
25,118
(a)
Accel
Entertainment,
Inc
296
86,801
ADT,
Inc
583
22,794
(a)
Adtalem
Global
Education,
Inc
1,172
198,261
(a)
Airbnb,
Inc
32,705
108,444
Aramark
3,527
17,816
(a),(b)
BALLY'S
CORP
248
769
(a)
Biglari
Holdings,
Inc
(B
Shares)
146
15,173
(a)
BJ's
Restaurants,
Inc
549
44,145
Bloomin'
Brands,
Inc
1,266
16,504
Booking
Holdings,
Inc
59,875
19,931
(b)
Bowlero
Corp
273
31,873
Boyd
Gaming
Corp
2,146
28,106
(a)
Bright
Horizons
Family
Solutions,
Inc
3,186
25,489
(a)
Brinker
International,
Inc
1,266
97,639
(a)
Caesars
Entertainment,
Inc
4,271
495,919
(a)
Carnival
Corp
8,103
11,838
Carriage
Services,
Inc
320
18,666
Carrols
Restaurant
Group,
Inc
177
23,002
(a)
Cava
Group,
Inc
1,611
16,727
(a),(b)
Century
Casinos,
Inc
53
23,639
(b)
Cheesecake
Factory
855
54,286
(a)
Chegg,
Inc
411
13,161
(a)
Chipotle
Mexican
Grill,
Inc
(Class
A)
38,256
13,984
(b)
Choice
Hotels
International,
Inc
1,767
32,858
Churchill
Downs,
Inc
4,066
12,474
(a)
Chuy's
Holdings,
Inc
421
57,806
(a)
Coursera,
Inc
810
12,944
(b)
Cracker
Barrel
Old
Country
Store,
Inc
941
58,405
Darden
Restaurants,
Inc
9,762
23,587
(a)
Dave
&
Buster's
Entertainment,
Inc
1,477
41,277
(a)
Denny's
Corp
370
7,772
Dine
Brands
Global
Inc.
361
17,125
Domino's
Pizza,
Inc
8,509
150,388
(a)
DoorDash,
Inc
20,711
208,489
(a)
DraftKings,
Inc
9,467
12,069
(a)
Duolingo,
Inc
2,662
14,501
(a)
El
Pollo
Loco
Holdings,
Inc
141
2,242
(a),(c)
Empire
Resorts,
Inc
0
^
10,835
(a),(b)
European
Wax
Center,
Inc
141
45,885
(a)
Everi
Holdings,
Inc
461
66,749
(a)
Expedia
Group,
Inc
9,195
7,524
(a)
First
Watch
Restaurant
Group,
Inc
185
45,952
(a)
Frontdoor,
Inc
1,497
16,841
(a)
Full
House
Resorts,
Inc
94
CREF
Equity
Index
Account
March
31,
2024
196
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
16,169
(a),(b)
Global
Business
Travel
Group
I
$
97
7,389
Golden
Entertainment,
Inc
272
1,473
Graham
Holdings
Co
1,131
12,080
(a)
Grand
Canyon
Education,
Inc
1,645
70,456
H&R
Block,
Inc
3,460
34,161
(a)
Hilton
Grand
Vacations,
Inc
1,613
116,880
Hilton
Worldwide
Holdings,
Inc
24,932
19,921
Hyatt
Hotels
Corp
3,180
11,356
(a)
Inspired
Entertainment,
Inc
112
54,564
International
Game
Technology
plc
1,233
2,856
Jack
in
the
Box,
Inc
196
44,656
(b)
Krispy
Kreme,
Inc
680
2,885
(a),(b)
Kura
Sushi
USA,
Inc
332
167,139
Las
Vegas
Sands
Corp
8,641
62,559
Laureate
Education,
Inc
911
20,784
(a)
Life
Time
Group
Holdings,
Inc
323
45,102
(a)
Light
&
Wonder,
Inc
4,604
10,890
(a)
Lindblad
Expeditions
Holdings,
Inc
102
113,082
Marriott
International,
Inc
(Class
A)
28,532
13,041
Marriott
Vacations
Worldwide
Corp
1,405
347,467
McDonald's
Corp
97,968
132,729
(a)
MGM
Resorts
International
6,266
22,276
(a),(b)
Mister
Car
Wash,
Inc
173
7,140
Monarch
Casino
&
Resort,
Inc
535
22,451
(a),(b)
Mondee
Holdings,
Inc
52
1,387
Nathan's
Famous,
Inc
98
29,475
(a)
Nerdy,
Inc
86
8,091
(a),(b)
Noodles
&
Co
15
204,209
(a),(b)
Norwegian
Cruise
Line
Holdings
Ltd
4,274
29,338
(a)
OneSpaWorld
Holdings
Ltd
388
18,811
Papa
John's
International,
Inc
1,253
46,409
(a)
Penn
National
Gaming,
Inc
845
46,334
Perdoceo
Education
Corp
814
45,756
(a)
Planet
Fitness,
Inc
2,866
18,591
(a)
PlayAGS,
Inc
167
12,559
(a)
Portillo's,
Inc
178
13,091
(a)
Potbelly
Corp
159
6,547
RCI
Hospitality
Holdings,
Inc
380
8,020
(a),(b)
Red
Robin
Gourmet
Burgers,
Inc
61
26,499
Red
Rock
Resorts,
Inc
1,585
111,282
(a)
Royal
Caribbean
Cruises
Ltd
15,469
28,549
(a)
Rush
Street
Interactive,
Inc
186
186,641
(a)
Sabre
Corp
452
22,953
(a)
SeaWorld
Entertainment,
Inc
1,290
70,217
Service
Corp
International
5,211
20,425
(a)
Shake
Shack,
Inc
2,125
42,367
(a)
Six
Flags
Entertainment
Corp
1,115
532,168
Starbucks
Corp
48,635
11,328
Strategic
Education,
Inc
1,179
13,194
(a)
Stride,
Inc
832
67,428
(a)
Super
Group
SGHC
Ltd
233
44,740
(a)
Sweetgreen,
Inc
1,130
21,327
(a),(b)
Target
Hospitality
Corp
232
35,053
Texas
Roadhouse,
Inc
(Class
A)
5,415
29,960
Travel
&
Leisure
Co
1,467
36,983
(a)
Udemy,
Inc
406
16,593
(a)
Universal
Technical
Institute,
Inc
264
17,157
Vail
Resorts,
Inc
3,823
75,359
Wendy's
Co
1,420
13,605
Wingstop,
Inc
4,985
37,299
Wyndham
Hotels
&
Resorts,
Inc
2,863
45,857
Wynn
Resorts
Ltd
4,688
197
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
8,699
(a),(b)
Xponential
Fitness,
Inc
$
144
130,045
Yum!
Brands,
Inc
18,031
TOTAL
CONSUMER
SERVICES
557,492
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
1.7%
177,508
Albertsons
Cos,
Inc
3,806
19,849
Andersons,
Inc
1,139
68,459
(a)
BJ's
Wholesale
Club
Holdings,
Inc
5,179
18,360
Casey's
General
Stores,
Inc
5,847
14,374
(a)
Chefs'
Warehouse,
Inc
541
211,676
Costco
Wholesale
Corp
155,080
105,007
Dollar
General
Corp
16,387
96,907
(a)
Dollar
Tree,
Inc
12,903
47,990
(a)
Grocery
Outlet
Holding
Corp
1,381
21,180
(a)
HF
Foods
Group,
Inc
74
7,244
Ingles
Markets,
Inc
(Class
A)
555
303,811
Kroger
Co
17,357
10,344
(a)
Maplebear,
Inc
386
6,410
Natural
Grocers
by
Vitamin
Cottage,
Inc
116
71,529
(a)
Performance
Food
Group
Co
5,339
14,866
Pricesmart,
Inc
1,249
7,101
SpartanNash
Co
143
46,984
(a)
Sprouts
Farmers
Market,
Inc
3,029
237,589
Sysco
Corp
19,287
219,102
Target
Corp
38,827
30,449
(a)
United
Natural
Foods,
Inc
350
108,028
(a)
US
Foods
Holding
Corp
5,830
4,843
Village
Super
Market
(Class
A)
139
324,604
Walgreens
Boots
Alliance,
Inc
7,041
2,034,547
Walmart,
Inc
122,419
8,426
(b)
Weis
Markets,
Inc
543
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
424,947
ENERGY
-
4.1%
18,289
(a)
Amplify
Energy
Corp
121
183,627
Antero
Midstream
Corp
2,582
142,450
(a)
Antero
Resources
Corp
4,131
125,364
APA
Corp
4,310
66,096
Archrock,
Inc
1,300
17,877
Ardmore
Shipping
Corp
294
7,867
(b)
Atlas
Energy
Solutions,
Inc
178
485,677
Baker
Hughes
Co
16,270
36,376
Berry
Corp
293
88,444
(b)
Borr
Drilling
Ltd
606
4,788
(a)
Bristow
Group,
Inc
130
366,836
Cabot
Oil
&
Gas
Corp
10,227
29,784
Cactus,
Inc
1,492
30,263
California
Resources
Corp
1,667
21,769
(a)
Callon
Petroleum
Co
778
5,171
(a)
Centrus
Energy
Corp
215
89,692
ChampionX
Corp
3,219
112,246
Cheniere
Energy,
Inc
18,103
53,941
Chesapeake
Energy
Corp
4,792
818,795
Chevron
Corp
129,157
18,920
Chord
Energy
Corp
3,372
37,806
Civitas
Resources,
Inc
2,870
75,896
(a)
Clean
Energy
Fuels
Corp
203
51,225
(a),(b)
CNX
Resources
Corp
1,215
7,387
(b)
Comstock
Resources,
Inc
69
575,677
ConocoPhillips
73,272
16,946
CONSOL
Energy,
Inc
1,419
23,258
Core
Laboratories,
Inc
397
CREF
Equity
Index
Account
March
31,
2024
198
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
10,678
(b)
Crescent
Energy
Co
$
127
11,149
(b)
CVR
Energy,
Inc
398
27,497
Delek
US
Holdings,
Inc
845
303,336
Devon
Energy
Corp
15,221
55,111
DHT
Holdings,
Inc
634
51,211
(a)
Diamond
Offshore
Drilling,
Inc
699
83,922
Diamondback
Energy,
Inc
16,631
9,586
(a)
DMC
Global,
Inc
187
19,179
Dorian
LPG
Ltd
738
19,159
(a)
Dril-Quip,
Inc
432
48,260
DT
Midstream,
Inc
2,949
70,957
(a),(b)
Encore
Energy
Corp
311
56,201
(a),(b)
Energy
Fuels,
Inc
353
283,808
EOG
Resources,
Inc
36,282
179,575
EQT
Corp
6,657
223,182
Equitrans
Midstream
Corp
2,788
15,511
Evolution
Petroleum
Corp
95
9,511
Excelerate
Energy,
Inc
152
39,745
(a)
Expro
Group
Holdings
NV
794
1,906,687
Exxon
Mobil
Corp
221,633
14,619
FLEX
LNG
Ltd
372
5,005
(a)
Forum
Energy
Technologies,
Inc
100
106,507
(a),(b)
Gevo,
Inc
82
42,501
Golar
LNG
Ltd
1,023
109,520
(b)
Granite
Ridge
Resources,
Inc
712
26,945
(a)
Green
Plains,
Inc
623
6,101
(a)
Gulfport
Energy
Operating
Corp
977
11,237
(a)
Hallador
Energy
Co
60
429,710
Halliburton
Co
16,939
40,320
(a)
Helix
Energy
Solutions
Group,
Inc
437
35,444
Helmerich
&
Payne,
Inc
1,491
133,053
Hess
Corp
20,309
74,422
HF
Sinclair
Corp
4,493
16,438
International
Seaways,
Inc
874
909,707
Kinder
Morgan,
Inc
16,684
8,490
Kinetik
Holdings,
Inc
338
234,852
(a)
Kosmos
Energy
Ltd
1,400
42,395
Liberty
Energy,
Inc
878
85,538
(b)
Magnolia
Oil
&
Gas
Corp
2,220
296,202
Marathon
Oil
Corp
8,394
176,227
Marathon
Petroleum
Corp
35,510
61,756
Matador
Resources
Co
4,123
60,673
Murphy
Oil
Corp
2,773
4,194
(a)
Nabors
Industries
Ltd
361
24,850
(b)
New
Fortress
Energy,
Inc
760
63,344
(a)
Newpark
Resources,
Inc
457
15,430
(a),(b)
NextDecade
Corp
88
55,205
Noble
Corp
plc
2,677
68,002
Nordic
American
Tankers
Ltd
267
26,098
Northern
Oil
and
Gas,
Inc
1,036
181,097
NOV,
Inc
3,535
324,172
Occidental
Petroleum
Corp
21,068
54,360
(a)
Oceaneering
International,
Inc
1,272
38,178
(a)
Oil
States
International,
Inc
235
283,462
ONEOK,
Inc
22,725
28,818
Overseas
Shipholding
Group,
Inc
184
115,301
Ovintiv,
Inc
5,984
23,180
(a)
Par
Pacific
Holdings,
Inc
859
159,529
Patterson-UTI
Energy,
Inc
1,905
46,492
PBF
Energy,
Inc
2,677
60,358
Peabody
Energy
Corp
1,464
216,789
Permian
Resources
Corp
3,828
199
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
212,110
Phillips
66
$
34,646
113,240
Pioneer
Natural
Resources
Co
29,725
11,921
(a),(b)
ProFrac
Holding
Corp
100
48,018
(a)
ProPetro
Holding
Corp
388
112,319
Range
Resources
Corp
3,867
51,530
Ranger
Energy
Services,
Inc
582
12,558
(a)
Rex
American
Resources
Corp
737
4,815
(b)
Riley
Exploration
Permian,
Inc
159
44,313
(a),(b)
Ring
Energy,
Inc
87
42,512
RPC,
Inc
329
16,291
SandRidge
Energy,
Inc
237
684,906
Schlumberger
Ltd
37,540
18,385
Scorpio
Tankers,
Inc
1,315
12,227
(a)
SEACOR
Marine
Holdings,
Inc
170
24,929
(a)
Seadrill
Ltd
1,254
6,869
Select
Water
Solutions,
Inc
63
45,041
SFL
Corp
Ltd
594
6,017
(a)
SilverBow
Resources,
Inc
205
33,204
Sitio
Royalties
Corp
821
63,633
SM
Energy
Co
3,172
6,855
Solaris
Oilfield
Infrastructure,
Inc
59
525,409
(a)
Southwestern
Energy
Co
3,983
55,355
(a)
Talos
Energy,
Inc
771
107,385
Targa
Resources
Corp
12,026
218,592
TechnipFMC
plc
5,489
35,750
(a)
Teekay
Corp
260
11,719
Teekay
Tankers
Ltd
685
763,744
(a),(b)
Tellurian,
Inc
505
66,939
(a)
Tetra
Technologies,
Inc
297
8,745
Texas
Pacific
Land
Corp
5,059
25,843
(a)
Tidewater,
Inc
2,378
137,868
(a),(b)
Uranium
Energy
Corp
931
37,988
(a)
US
Silica
Holdings,
Inc
471
29,976
Vaalco
Energy,
Inc
209
31,352
(a)
Valaris
Ltd
2,360
165,727
Valero
Energy
Corp
28,288
27,727
(a),(b)
Vertex
Energy,
Inc
39
6,863
(a)
Vital
Energy,
Inc
361
13,021
(b)
Vitesse
Energy,
Inc
309
14,396
(b)
W&T
Offshore,
Inc
38
36,238
(a)
Weatherford
International
plc
4,183
592,514
Williams
Cos,
Inc
23,090
29,960
World
Fuel
Services
Corp
792
TOTAL
ENERGY
991,376
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
2.5%
46,252
Acadia
Realty
Trust
787
45,529
Agree
Realty
Corp
2,601
5,921
Alexander
&
Baldwin,
Inc
98
1,329
Alexander's,
Inc
289
83,569
Alexandria
Real
Estate
Equities,
Inc
10,773
6,783
Alpine
Income
Property
Trust,
Inc
104
28,646
American
Assets
Trust,
Inc
628
145,461
American
Homes
4
Rent
5,350
222,870
American
Tower
Corp
44,037
133,721
Americold
Realty
Trust,
Inc
3,332
74,495
Apartment
Income
REIT
Corp
2,419
73,193
(a)
Apartment
Investment
and
Management
Co
599
106,401
Apple
Hospitality
REIT,
Inc
1,743
31,681
Armada
Hoffler
Properties,
Inc
329
65,544
AvalonBay
Communities,
Inc
12,162
81,787
Boston
Properties,
Inc
5,341
CREF
Equity
Index
Account
March
31,
2024
200
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
35,081
Braemar
Hotels
&
Resorts,
Inc
$
70
92,621
Brandywine
Realty
Trust
445
132,744
Brixmor
Property
Group,
Inc
3,113
77,650
Broadstone
Net
Lease,
Inc
1,217
6,068
BRT
Apartments
Corp
102
52,715
Camden
Property
Trust
5,187
50,740
CareTrust
REIT,
Inc
1,237
13,650
(b)
CBL
&
Associates
Properties,
Inc
313
9,060
Centerspace
518
28,285
Chatham
Lodging
Trust
286
21,833
City
Office
REIT,
Inc
114
10,462
Clipper
Realty,
Inc
51
9,586
Community
Healthcare
Trust,
Inc
254
61,652
Corporate
Office
Properties
Trust
1,490
84,914
Cousins
Properties,
Inc
2,041
210,447
Crown
Castle,
Inc
22,272
11,994
(b)
CTO
Realty
Growth,
Inc
203
110,271
CubeSmart
4,986
114,160
DiamondRock
Hospitality
Co
1,097
146,702
Digital
Realty
Trust,
Inc
21,131
136,618
Diversified
Healthcare
Trust
336
91,371
(b)
Douglas
Emmett,
Inc
1,267
46,730
Easterly
Government
Properties,
Inc
538
21,698
EastGroup
Properties,
Inc
3,901
82,308
Empire
State
Realty
Trust,
Inc
834
22,162
EPR
Properties
941
44,252
Equinix,
Inc
36,522
43,426
(a)
Equity
Commonwealth
820
81,720
Equity
Lifestyle
Properties,
Inc
5,263
180,687
Equity
Residential
11,403
63,885
Essential
Properties
Realty
Trust,
Inc
1,703
31,793
Essex
Property
Trust,
Inc
7,783
98,971
Extra
Space
Storage,
Inc
14,549
19,962
(b)
Farmland
Partners,
Inc
222
39,750
Federal
Realty
Investment
Trust
4,059
53,571
First
Industrial
Realty
Trust,
Inc
2,815
41,086
Four
Corners
Property
Trust,
Inc
1,005
119,848
Gaming
and
Leisure
Properties,
Inc
5,521
18,198
Getty
Realty
Corp
498
17,811
Gladstone
Commercial
Corp
246
11,325
Gladstone
Land
Corp
151
30,930
Global
Medical
REIT,
Inc
271
90,865
Global
Net
Lease,
Inc
706
202,313
Healthcare
Realty
Trust,
Inc
2,863
352,355
Healthpeak
Properties,
Inc
6,607
46,362
Highwoods
Properties,
Inc
1,214
327,100
Host
Hotels
&
Resorts
Inc
6,764
80,595
Hudson
Pacific
Properties,
Inc
520
115,925
Independence
Realty
Trust,
Inc
1,870
12,344
Innovative
Industrial
Properties,
Inc
1,278
34,736
InvenTrust
Properties
Corp
893
286,776
Invitation
Homes,
Inc
10,212
135,732
Iron
Mountain,
Inc
10,887
64,898
JBG
SMITH
Properties
1,042
63,758
Kilroy
Realty
Corp
2,323
335,384
Kimco
Realty
Corp
6,577
118,460
Kite
Realty
Group
Trust
2,568
37,540
Lamar
Advertising
Co
4,483
144,484
Lexington
Realty
Trust
1,303
19,960
LTC
Properties,
Inc
649
107,859
Macerich
Co
1,858
47,939
Mack-Cali
Realty
Corp
729
201
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
283,531
(b)
Medical
Properties
Trust,
Inc
$
1,333
56,954
Mid-America
Apartment
Communities,
Inc
7,494
9,876
National
Health
Investors,
Inc
621
86,371
National
Retail
Properties,
Inc
3,691
38,309
National
Storage
Affiliates
Trust
1,500
6,447
(b)
NET
Lease
Office
Properties
153
21,654
(b)
NETSTREIT
Corp
398
15,495
(b)
NexPoint
Diversified
Real
Estate
Trust
102
12,730
NexPoint
Residential
Trust,
Inc
410
108,572
Omega
Healthcare
Investors,
Inc
3,438
9,166
(b)
One
Liberty
Properties,
Inc
207
29,999
Orion
Office
REIT,
Inc
105
76,197
Outfront
Media,
Inc
1,279
101,864
Paramount
Group,
Inc
478
84,337
Park
Hotels
&
Resorts,
Inc
1,475
14,178
(b)
Peakstone
Realty
Trust
229
71,223
(b)
Pebblebrook
Hotel
Trust
1,098
59,852
Phillips
Edison
&
Co,
Inc
2,147
36,714
Piedmont
Office
Realty
Trust,
Inc
258
13,733
Plymouth
Industrial
REIT,
Inc
309
9,072
Postal
Realty
Trust,
Inc
130
40,727
PotlatchDeltic
Corp
1,915
440,041
Prologis,
Inc
57,302
75,586
Public
Storage,
Inc
21,924
75,814
Rayonier,
Inc
2,520
400,440
Realty
Income
Corp
21,664
80,805
Regency
Centers
Corp
4,894
63,462
Retail
Opportunity
Investments
Corp
814
98,830
Rexford
Industrial
Realty,
Inc
4,971
30,023
RLJ
Lodging
Trust
355
28,461
Ryman
Hospitality
Properties,
Inc
3,290
116,469
Sabra
Health
Care
REIT,
Inc
1,720
16,656
Safehold,
Inc
343
6,451
Saul
Centers,
Inc
248
52,759
SBA
Communications
Corp
11,433
19,689
Service
Properties
Trust
133
154,249
Simon
Property
Group,
Inc
24,138
103,764
SITE
Centers
Corp
1,520
38,202
(b)
SL
Green
Realty
Corp
2,106
84,224
STAG
Industrial,
Inc
3,238
5,909
(a)
Star
Holdings
76
73,018
Summit
Hotel
Properties,
Inc
475
60,721
Sun
Communities,
Inc
7,807
117,301
Sunstone
Hotel
Investors,
Inc
1,307
54,135
Tanger
Factory
Outlet
Centers,
Inc
1,599
35,329
Terreno
Realty
Corp
2,346
162,250
UDR,
Inc
6,070
20,169
UMH
Properties,
Inc
328
121,658
(b)
Uniti
Group,
Inc
718
2,401
Universal
Health
Realty
Income
Trust
88
70,770
Urban
Edge
Properties
1,222
190,663
Ventas,
Inc
8,301
487,538
VICI
Properties,
Inc
14,524
96,380
(b)
Vornado
Realty
Trust
2,773
46,196
Washington
REIT
643
264,845
(d)
Welltower,
Inc
24,747
348,827
Weyerhaeuser
Co
12,526
25,132
Whitestone
REIT
315
95,747
WP
Carey,
Inc
5,404
62,184
Xenia
Hotels
&
Resorts,
Inc
933
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
606,298
CREF
Equity
Index
Account
March
31,
2024
202
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
FINANCIAL
SERVICES
-
7.9%
8,101
AFC
Gamma,
Inc
$
100
13,210
Affiliated
Managers
Group,
Inc
2,212
110,488
(a)
Affirm
Holdings,
Inc
4,117
331,276
(b)
AGNC
Investment
Corp
3,280
8,948
(b)
Alerus
Financial
Corp
195
129,820
Ally
Financial,
Inc
5,269
9,522
A-Mark
Precious
Metals,
Inc
292
276,005
American
Express
Co
62,844
46,936
Ameriprise
Financial,
Inc
20,579
239,553
Annaly
Capital
Management,
Inc
4,717
68,911
(b)
Apollo
Commercial
Real
Estate
Finance,
Inc
768
245,576
Apollo
Global
Management,
Inc
27,615
61,262
(b)
Arbor
Realty
Trust,
Inc
812
22,112
(b)
Ares
Commercial
Real
Estate
Corp
165
78,238
Ares
Management
Corp
10,404
5,232
(b)
ARMOUR
Residential
REIT,
Inc
103
32,135
Artisan
Partners
Asset
Management,
Inc
1,471
8,796
(a)
AssetMark
Financial
Holdings,
Inc
311
2,420
(a)
Atlanticus
Holdings
Corp
72
75,147
(a)
AvidXchange
Holdings,
Inc
988
2,262
Banco
Latinoamericano
de
Exportaciones
S.A.
(Class
E)
67
365,426
Bank
of
New
York
Mellon
Corp
21,056
871,698
(a)
Berkshire
Hathaway,
Inc
366,566
166,153
BGC
Group,
Inc
1,291
70,619
BlackRock,
Inc
58,875
87,301
(b)
Blackstone
Mortgage
Trust,
Inc
1,738
341,674
Blackstone,
Inc
44,886
267,045
(a)
Block,
Inc
22,587
207,831
Blue
Owl
Capital,
Inc
3,920
23,808
Bread
Financial
Holdings,
Inc
887
23,450
Brightsphere
Investment
Group,
Inc
536
46,061
BrightSpire
Capital,
Inc
317
48,331
(a)
Cannae
Holdings,
Inc
1,075
31,787
(a)
Cantaloupe,
Inc
204
183,192
Capital
One
Financial
Corp
27,275
106,775
Carlyle
Group,
Inc
5,009
10,596
Cass
Information
Systems,
Inc
510
49,547
Cboe
Global
Markets,
Inc
9,103
706,595
Charles
Schwab
Corp
51,115
7,850
(b)
Chicago
Atlantic
Real
Estate
Finance,
Inc
124
121,929
Chimera
Investment
Corp
562
47,158
Claros
Mortgage
Trust,
Inc
460
172,387
CME
Group,
Inc
37,113
15,440
Cohen
&
Steers,
Inc
1,187
79,947
(a)
Coinbase
Global,
Inc
21,196
31,056
Compass
Diversified
Trust
748
111,781
Corebridge
Financial,
Inc
3,211
33,596
(a)
Corpay,
Inc
10,366
3,577
(a)
Credit
Acceptance
Corp
1,973
2,179
Diamond
Hill
Investment
Group,
Inc
336
120,676
Discover
Financial
Services
15,819
19,156
(a)
Donnelley
Financial
Solutions,
Inc
1,188
11,107
Dynex
Capital,
Inc
138
17,423
(b)
Ellington
Financial,
Inc
206
15,393
Enact
Holdings,
Inc
480
10,179
(a)
Encore
Capital
Group,
Inc
464
14,291
(a)
Enova
International,
Inc
898
154,872
Equitable
Holdings,
Inc
5,887
51,962
Essent
Group
Ltd
3,092
22,022
(a)
Euronet
Worldwide,
Inc
2,421
18,622
Evercore
Partners,
Inc
(Class
A)
3,586
203
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
31,074
EVERTEC,
Inc
$
1,240
18,222
Factset
Research
Systems,
Inc
8,280
4,507
Federal
Agricultural
Mortgage
Corp
(FAMC)
887
283,563
Fidelity
National
Information
Services,
Inc
21,035
17,545
FirstCash
Holdings,
Inc
2,238
281,562
(a)
Fiserv,
Inc
44,999
47,493
(a)
Flywire
Corp
1,178
55,325
(a),(b)
Forge
Global
Holdings,
Inc
107
23,368
Franklin
BSP
Realty
Trust,
Inc
312
145,793
Franklin
Resources,
Inc
4,098
23,172
GCM
Grosvenor,
Inc
224
119,965
Global
Payments,
Inc
16,035
151,067
Goldman
Sachs
Group,
Inc
63,099
31,227
Granite
Point
Mortgage
Trust,
Inc
149
33,057
(a)
Green
Dot
Corp
308
18,233
Hamilton
Lane,
Inc
2,056
41,845
(b)
Hannon
Armstrong
Sustainable
Infrastructure
Capital,
Inc
1,188
25,893
Houlihan
Lokey,
Inc
3,319
9,245
(a)
I3
Verticals,
Inc
212
49,742
Interactive
Brokers
Group,
Inc
(Class
A)
5,557
267,221
Intercontinental
Exchange,
Inc
36,724
13,645
(a)
International
Money
Express,
Inc
312
183,237
Invesco
Ltd
3,040
10,073
(b)
Invesco
Mortgage
Capital,
Inc
98
33,491
Jack
Henry
&
Associates,
Inc
5,818
38,721
Jackson
Financial,
Inc
2,561
66,557
Janus
Henderson
Group
plc
2,189
88,592
Jefferies
Financial
Group,
Inc
3,907
316,070
KKR
&
Co,
Inc
31,790
17,625
KKR
Real
Estate
Finance
Trust,
Inc
177
49,932
Ladder
Capital
Corp
556
54,468
Lazard,
Inc
2,281
42,896
(a)
LendingClub
Corp
377
6,343
(a)
LendingTree,
Inc
269
35,840
LPL
Financial
Holdings,
Inc
9,469
18,723
MarketAxess
Holdings,
Inc
4,105
222,577
(a)
Marqeta,
Inc
1,327
395,314
Mastercard,
Inc
(Class
A)
190,371
8,062
Merchants
Bancorp
348
46,018
MFA
Financial,
Inc
525
136,986
MGIC
Investment
Corp
3,063
33,380
Moelis
&
Co
1,895
74,081
Moody's
Corp
29,116
560,328
Morgan
Stanley
52,760
12,847
Morningstar,
Inc
3,962
37,224
(a)
Mr
Cooper
Group,
Inc
2,902
36,039
MSCI,
Inc
(Class
A)
20,198
161,890
Nasdaq
Stock
Market,
Inc
10,215
35,663
Navient
Corp
621
34,496
(a)
NCR
Corp
ATM
681
3,424
Nelnet,
Inc
(Class
A)
324
13,129
(a)
NerdWallet,
Inc
193
18,284
(b)
New
York
Mortgage
Trust,
Inc
132
11,601
(b)
NewtekOne,
Inc
128
38,864
(a)
NMI
Holdings,
Inc
1,257
102,028
Northern
Trust
Corp
9,072
3,281
(a),(b)
Ocwen
Financial
Corp
89
52,599
OneMain
Holdings,
Inc
2,687
56,898
(a)
Open
Lending
Corp
356
4,738
(b)
Orchid
Island
Capital,
Inc
42
21,454
P10,
Inc
181
98,142
(a)
Pagseguro
Digital
Ltd
1,401
CREF
Equity
Index
Account
March
31,
2024
204
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
26,821
Patria
Investments
Ltd
$
398
110,964
(a)
Payoneer
Global,
Inc
539
513,916
(a)
PayPal
Holdings,
Inc
34,427
18,818
(a)
Paysafe
Ltd
297
9,684
PennyMac
Financial
Services,
Inc
882
47,765
PennyMac
Mortgage
Investment
Trust
701
23,862
Perella
Weinberg
Partners
337
10,272
Piper
Jaffray
Cos
2,039
13,025
PJT
Partners,
Inc
1,228
24,781
(a)
PRA
Group,
Inc
646
17,833
PROG
Holdings,
Inc
614
73,149
Radian
Group,
Inc
2,448
89,696
Raymond
James
Financial,
Inc
11,519
77,326
(b)
Ready
Capital
Corp
706
49,700
Redwood
Trust,
Inc
317
8,577
Regional
Management
Corp
208
68,799
(a)
Remitly
Global,
Inc
1,427
42,004
(a)
Repay
Holdings
Corp
462
175,369
Rithm
Capital
Corp
1,957
293,376
(a)
Robinhood
Markets,
Inc
5,906
74,318
(a),(b)
Rocket
Cos,
Inc
1,081
149,938
S&P
Global,
Inc
63,791
39,028
SEI
Investments
Co
2,806
23,585
(a),(b)
Shift4
Payments,
Inc
1,558
4,705
Silvercrest
Asset
Management
Group,
Inc
74
126,744
SLM
Corp
2,762
457,564
(a),(b)
SoFi
Technologies,
Inc
3,340
137,605
(b)
Starwood
Property
Trust,
Inc
2,798
147,812
State
Street
Corp
11,429
20,369
StepStone
Group,
Inc
728
46,329
Stifel
Financial
Corp
3,622
120,616
(a)
StoneCo
Ltd
2,003
17,053
(a)
StoneX
Group,
Inc
1,198
204,642
Synchrony
Financial
8,824
107,019
T
Rowe
Price
Group,
Inc
13,048
34,383
TFS
Financial
Corp
432
176,704
(a)
Toast,
Inc
4,403
32,761
TPG
RE
Finance
Trust,
Inc
253
31,933
TPG,
Inc
1,427
52,338
Tradeweb
Markets,
Inc
5,452
37,367
Two
Harbors
Investment
Corp
495
37,848
(a),(b)
Upstart
Holdings,
Inc
1,018
23,393
(b)
UWM
Holdings
Corp
170
8,459
Victory
Capital
Holdings,
Inc
359
51,259
Virtu
Financial,
Inc
1,052
2,751
Virtus
Investment
Partners,
Inc
682
758,939
Visa,
Inc
(Class
A)
211,805
39,439
Voya
Financial,
Inc
2,915
12,277
Walker
&
Dunlop,
Inc
1,241
19,189
Waterstone
Financial,
Inc
234
143,284
Western
Union
Co
2,003
20,819
(a)
WEX,
Inc
4,945
84,317
WisdomTree,
Inc
775
2,399
(a)
World
Acceptance
Corp
348
165,480
XP,
Inc
4,246
TOTAL
FINANCIAL
SERVICES
1,919,201
FOOD,
BEVERAGE
&
TOBACCO
-
2.5%
3,213
Alico,
Inc
94
843,457
Altria
Group,
Inc
36,792
255,153
Archer-Daniels-Midland
Co
16,026
34,958
(b)
B&G
Foods,
Inc
(Class
A)
400
205
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
31,483
(a),(b)
Beyond
Meat,
Inc
$
261
5,121
(a)
Boston
Beer
Co,
Inc
(Class
A)
1,559
13,162
(a),(b)
BRC,
Inc
56
25,010
Brown-Forman
Corp
(Class
A)
1,324
91,961
Brown-Forman
Corp
(Class
B)
4,747
70,268
Bunge
Global
S.A.
7,204
11,455
(b)
Calavo
Growers,
Inc
319
22,629
Cal-Maine
Foods,
Inc
1,332
77,875
Campbell
Soup
Co
3,462
64,566
(a)
Celsius
Holdings,
Inc
5,354
1,855,975
Coca-Cola
Co
113,549
1,804
Coca-Cola
Consolidated
Inc
1,527
225,066
ConAgra
Brands,
Inc
6,671
75,478
Constellation
Brands,
Inc
(Class
A)
20,512
81,644
(a)
Darling
International,
Inc
3,797
35,454
Dole
plc
423
11,007
(a)
Duckhorn
Portfolio,
Inc
102
85,884
Flowers
Foods,
Inc
2,040
20,613
Fresh
Del
Monte
Produce,
Inc
534
20,694
(a)
Freshpet,
Inc
2,398
267,606
General
Mills,
Inc
18,724
46,022
(a)
Hain
Celestial
Group,
Inc
362
72,018
Hershey
Co
14,007
143,109
Hormel
Foods
Corp
4,993
26,446
Ingredion,
Inc
3,090
8,046
J&J
Snack
Foods
Corp
1,163
47,942
J.M.
Smucker
Co
6,034
5,780
John
B
Sanfilippo
&
Son,
Inc
612
118,743
Kellogg
Co
6,803
474,896
Keurig
Dr
Pepper,
Inc
14,565
381,992
Kraft
Heinz
Co
14,095
66,946
Lamb
Weston
Holdings,
Inc
7,132
10,268
Lancaster
Colony
Corp
2,132
8,891
(b)
Limoneira
Co
174
123,083
McCormick
&
Co,
Inc
9,454
9,193
MGP
Ingredients,
Inc
792
20,226
(a)
Mission
Produce,
Inc
240
79,682
Molson
Coors
Brewing
Co
(Class
B)
5,359
640,339
Mondelez
International,
Inc
44,824
347,059
(a)
Monster
Beverage
Corp
20,574
12,819
(a)
National
Beverage
Corp
608
660,389
PepsiCo,
Inc
115,575
734,496
Philip
Morris
International,
Inc
67,295
24,393
(a)
Pilgrim's
Pride
Corp
837
27,833
(a)
Post
Holdings,
Inc
2,958
47,967
Primo
Water
Corp
873
127
Seaboard
Corp
409
5,451
(a)
Seneca
Foods
Corp
310
46,457
(a)
Simply
Good
Foods
Co
1,581
50,062
(a)
SunOpta,
Inc
344
29,630
(a)
TreeHouse
Foods,
Inc
1,154
4,760
Turning
Point
Brands,
Inc
139
140,077
Tyson
Foods,
Inc
(Class
A)
8,227
11,870
Universal
Corp
614
32,173
Utz
Brands,
Inc
593
78,380
Vector
Group
Ltd
859
14,289
(a)
Vita
Coco
Co,
Inc
349
13,394
(a)
Vital
Farms,
Inc
311
14,287
(a),(b)
Westrock
Coffee
Co
148
29,685
WK
Kellogg
Co
558
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
609,354
CREF
Equity
Index
Account
March
31,
2024
206
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
5.1%
88,085
(a),(b)
23andMe
Holding
Co
$
47
824,505
Abbott
Laboratories
93,713
40,295
(a)
Acadia
Healthcare
Co,
Inc
3,192
27,471
(a)
Accolade,
Inc
288
46,624
(a),(b)
Accuray,
Inc
115
42,027
(a)
AdaptHealth
Corp
484
8,397
(a)
Addus
HomeCare
Corp
868
12,333
(a)
Agiliti,
Inc
125
137,773
(a),(b)
agilon
health,
Inc
840
35,682
(a)
Align
Technology,
Inc
11,701
14,356
(a)
Alignment
Healthcare,
Inc
71
31,277
(a)
Alphatec
Holdings,
Inc
431
11,006
(a)
Amedisys,
Inc
1,014
106,234
(a)
American
Well
Corp
86
77,495
AmerisourceBergen
Corp
18,830
20,081
(a)
AMN
Healthcare
Services,
Inc
1,255
26,107
(a)
Angiodynamics,
Inc
153
16,786
(a)
Apollo
Medical
Holdings,
Inc
705
22,609
(a)
AtriCure,
Inc
688
1,019
Atrion
Corp
472
26,266
(a)
Avanos
Medical,
Inc
523
21,058
(a)
Aveanna
Healthcare
Holdings,
Inc
52
18,090
(a)
Axogen,
Inc
146
22,714
(a)
Axonics,
Inc
1,567
234,095
Baxter
International,
Inc
10,005
138,929
Becton
Dickinson
&
Co
34,378
692,480
(a)
Boston
Scientific
Corp
47,428
100,981
(a)
Brookdale
Senior
Living,
Inc
667
98,379
(a),(b)
Butterfly
Network,
Inc
106
119,770
Cardinal
Health,
Inc
13,402
11,625
(a)
Castle
Biosciences,
Inc
257
258,020
(a)
Centene
Corp
20,249
50,223
(a)
Certara,
Inc
898
71,510
(a)
Cerus
Corp
135
6,630
Chemed
Corp
4,256
137,736
Cigna
Group
50,024
8,700
(a)
Computer
Programs
&
Systems,
Inc
80
15,846
Conmed
Corp
1,269
91,072
(a)
Cooper
Cos,
Inc
9,240
4,814
(a)
Corvel
Corp
1,266
25,224
(a)
Cross
Country
Healthcare,
Inc
472
23,064
(a)
CryoLife,
Inc
488
616,011
CVS
Health
Corp
49,133
24,791
(a)
DaVita,
Inc
3,422
10,656
(a)
Definitive
Healthcare
Corp
86
106,534
Dentsply
Sirona,
Inc
3,536
185,954
(a)
DexCom,
Inc
25,792
41,284
(a),(b)
DocGo,
Inc
167
49,456
(a)
Doximity,
Inc
1,331
291,345
(a)
Edwards
Lifesciences
Corp
27,841
112,197
Elevance
Health,
Inc
58,179
30,207
Embecta
Corp
401
44,802
Encompass
Health
Corp
3,700
27,101
(a)
Enhabit,
Inc
316
21,428
(a)
Enovis
Corp
1,338
28,674
Ensign
Group,
Inc
3,568
79,184
(a)
Envista
Holdings
Corp
1,693
45,708
(a)
Evolent
Health,
Inc
1,499
65,385
(a),(b)
Figs,
Inc
326
11,072
(a)
Fulgent
Genetics,
Inc
240
199,606
GE
HealthCare
Technologies,
Inc
18,146
207
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
24,523
(a)
Glaukos
Corp
$
2,312
57,262
(a)
Globus
Medical,
Inc
3,072
49,332
(a)
Guardant
Health,
Inc
1,018
24,773
(a)
Haemonetics
Corp
2,114
96,972
HCA,
Inc
32,343
24,393
(a)
Health
Catalyst,
Inc
184
42,554
(a)
HealthEquity,
Inc
3,474
18,780
HealthStream,
Inc
501
64,969
(a)
Henry
Schein,
Inc
4,906
62,220
(a)
Hims
&
Hers
Health,
Inc
963
110,770
(a)
Hologic,
Inc
8,636
58,606
Humana,
Inc
20,320
10,885
(a)
ICU
Medical,
Inc
1,168
39,487
(a)
IDEXX
Laboratories,
Inc
21,320
24,734
(a)
Inari
Medical,
Inc
1,187
9,354
(a),(b)
InfuSystem
Holdings,
Inc
80
38,335
(a)
Inmode
Ltd
828
10,000
(a),(b)
Innovage
Holding
Corp
44
12,244
(a)
Inogen,
Inc
99
13,280
(a)
Inspire
Medical
Systems,
Inc
2,852
34,390
(a)
Insulet
Corp
5,894
17,928
(a)
Integer
Holdings
Corp
2,092
30,442
(a)
Integra
LifeSciences
Holdings
Corp
1,079
166,055
(a)
Intuitive
Surgical,
Inc
66,271
3,653
iRadimed
Corp
161
16,105
(a)
iRhythm
Technologies,
Inc
1,868
7,427
(a),(b)
Joint
Corp
97
42,144
Laboratory
Corp
of
America
Holdings
9,207
34,223
(a)
Lantheus
Holdings,
Inc
2,130
9,523
LeMaitre
Vascular,
Inc
632
25,006
(a),(b)
LifeStance
Health
Group,
Inc
154
26,810
(a)
LivaNova
plc
1,500
19,104
(a)
Masimo
Corp
2,805
62,413
McKesson
Corp
33,506
627,707
Medtronic
plc
54,705
28,011
(a)
Merit
Medical
Systems,
Inc
2,122
6,780
(a)
ModivCare,
Inc
159
28,118
(a)
Molina
Healthcare,
Inc
11,552
187,715
(a)
Multiplan
Corp
152
21,550
(a),(b)
Nano-X
Imaging
Ltd
211
2,600
National
Healthcare
Corp
246
5,598
National
Research
Corp
222
110,527
(a),(b)
Neogen
Corp
1,744
58,635
(a)
NeoGenomics,
Inc
922
19,942
(a)
Nevro
Corp
288
56,233
(a)
Novocure
Ltd
879
23,061
(a)
Omnicell,
Inc
674
238,337
(a),(b)
Opko
Health,
Inc
286
8,440
(a)
OptimizeRx
Corp
103
80,646
(a)
Option
Care
Health,
Inc
2,705
40,487
(a)
OraSure
Technologies,
Inc
249
18,671
(a)
Orthofix
Medical,
Inc
271
5,177
(a)
OrthoPediatrics
Corp
151
24,964
(a),(b)
Outset
Medical,
Inc
55
31,294
(a)
Owens
&
Minor,
Inc
867
23,637
(a)
Paragon
28,
Inc
292
44,685
Patterson
Cos,
Inc
1,236
43,753
(a)
Pediatrix
Medical
Group,
Inc
439
17,723
(a)
Pennant
Group,
Inc
348
17,918
(a)
Penumbra,
Inc
3,999
14,406
(a)
PetIQ,
Inc
263
20,801
(a)
Phreesia,
Inc
498
CREF
Equity
Index
Account
March
31,
2024
208
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
56,653
Premier,
Inc
$
1,252
32,525
(a),(b)
Privia
Health
Group,
Inc
637
13,124
(a)
PROCEPT
BioRobotics
Corp
649
34,423
(a)
Progyny,
Inc
1,313
72,154
(a)
Project
Roadrunner
Parent,
Inc
929
13,858
(a)
Pulmonx
Corp
128
48,948
Quest
Diagnostics,
Inc
6,515
26,154
(a)
QuidelOrtho
Corp
1,254
20,774
(a),(b)
Quipt
Home
Medical
Corp
91
25,914
(a)
RadNet,
Inc
1,261
70,741
Resmed,
Inc
14,009
10,559
(a)
RxSight,
Inc
545
24,729
(a),(b)
Schrodinger,
Inc
668
34,123
Select
Medical
Holdings
Corp
1,029
150,613
(a),(b)
Sharecare,
Inc
116
15,932
(a)
Shockwave
Medical,
Inc
5,188
17,531
(a)
SI-BONE,
Inc
287
18,916
(a)
Silk
Road
Medical,
Inc
347
7,680
Simulations
Plus,
Inc
316
26,141
(a)
STAAR
Surgical
Co
1,001
45,324
STERIS
plc
10,190
169,508
Stryker
Corp
60,662
33,599
(a)
Surgery
Partners,
Inc
1,002
10,275
(a)
SurModics,
Inc
301
10,460
(a)
Tactile
Systems
Technology,
Inc
170
35,006
(a)
Tandem
Diabetes
Care,
Inc
1,240
8,220
(a),(b)
Tela
Bio,
Inc
47
80,556
(a)
Teladoc
Health,
Inc
1,216
20,420
Teleflex,
Inc
4,618
53,386
(a)
Tenet
Healthcare
Corp
5,611
11,786
(a),(b)
TransMedics
Group,
Inc
871
22,415
(a)
Treace
Medical
Concepts,
Inc
293
4,630
(a)
UFP
Technologies,
Inc
1,168
443,027
UnitedHealth
Group,
Inc
219,165
29,977
Universal
Health
Services,
Inc
(Class
B)
5,470
6,975
US
Physical
Therapy,
Inc
787
2,349
Utah
Medical
Products,
Inc
167
27,229
(a)
Varex
Imaging
Corp
493
68,213
(a)
Veeva
Systems,
Inc
15,804
17,155
(a),(b)
Viemed
Healthcare,
Inc
162
99,213
Zimmer
Biomet
Holdings,
Inc
13,094
12,899
(a)
Zimvie,
Inc
213
10,840
(a),(b)
Zynex,
Inc
134
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
1,233,568
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.3%
66,090
(a)
BellRing
Brands,
Inc
3,901
7,431
(a),(b)
Central
Garden
&
Pet
Co
318
29,455
(a)
Central
Garden
and
Pet
Co
(Class
A)
1,088
111,645
Church
&
Dwight
Co,
Inc
11,646
61,531
Clorox
Co
9,421
390,835
Colgate-Palmolive
Co
35,195
159,439
(a)
Coty,
Inc
1,907
29,639
Edgewell
Personal
Care
Co
1,145
24,917
(a)
elf
Beauty,
Inc
4,885
34,187
Energizer
Holdings,
Inc
1,006
111,564
Estee
Lauder
Cos
(Class
A)
17,198
58,982
(a)
Herbalife
Ltd
593
9,082
Inter
Parfums,
Inc
1,276
852,014
Kenvue,
Inc
18,284
156,644
Kimberly-Clark
Corp
20,262
6,191
Medifast,
Inc
237
209
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
5,868
(a)
Nature's
Sunshine
Products,
Inc
$
122
27,121
Nu
Skin
Enterprises,
Inc
(Class
A)
375
2,434
Oil-Dri
Corp
of
America
182
43,357
(a)
Olaplex
Holdings,
Inc
83
1,119,200
Procter
&
Gamble
Co
181,590
25,608
Reynolds
Consumer
Products,
Inc
731
13,172
Spectrum
Brands
Holdings,
Inc
1,172
8,349
(a)
USANA
Health
Sciences,
Inc
405
10,102
(a),(b)
Waldencast
plc
66
7,178
(b)
WD-40
Co
1,818
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
314,906
INSURANCE
-
2.3%
278,016
Aflac,
Inc
23,870
125,640
Allstate
Corp
21,737
32,424
(a)
AMBAC
Financial
Group,
Inc
507
30,850
American
Equity
Investment
Life
Holding
Co
1,734
34,605
American
Financial
Group,
Inc
4,723
336,820
American
International
Group,
Inc
26,329
13,468
Amerisafe,
Inc
676
95,856
Aon
plc
31,989
169,908
(a)
Arch
Capital
Group
Ltd
15,706
27,795
Assurant,
Inc
5,232
28,366
Assured
Guaranty
Ltd
2,475
27,757
Axis
Capital
Holdings
Ltd
1,805
25,977
(a)
Brighthouse
Financial,
Inc
1,339
117,798
Brown
&
Brown,
Inc
10,312
25,189
(a)
BRP
Group,
Inc
729
192,172
Chubb
Ltd
49,797
74,945
Cincinnati
Financial
Corp
9,306
2,717
CNA
Financial
Corp
123
66,761
CNO
Financial
Group,
Inc
1,835
7,812
(b)
Donegal
Group,
Inc
(Class
A)
110
15,165
(a)
eHealth,
Inc
91
6,714
Employers
Holdings,
Inc
305
4,741
(a)
Enstar
Group
Ltd
1,473
21,082
Everest
Re
Group
Ltd
8,380
9,274
F&G
Annuities
&
Life,
Inc
376
28,518
(b)
Fidelis
Insurance
Holdings
Ltd
556
120,728
Fidelity
National
Financial,
Inc
6,411
52,851
First
American
Financial
Corp
3,227
102,609
Gallagher
(Arthur
J.)
&
Co
25,656
184,221
(a)
Genworth
Financial,
Inc
(Class
A)
1,185
41,690
Globe
Life,
Inc
4,851
9,663
(a)
Goosehead
Insurance,
Inc
644
20,683
(a)
Greenlight
Capital
Re
Ltd
(Class
A)
258
17,079
Hanover
Insurance
Group,
Inc
2,326
136,670
Hartford
Financial
Services
Group,
Inc
14,084
3,092
(b)
HCI
Group,
Inc
359
5,219
(a),(b)
Hippo
Holdings,
Inc
95
3,881
Horace
Mann
Educators
Corp
144
1,119
Investors
Title
Co
183
19,526
James
River
Group
Holdings
Ltd
182
33,482
Kemper
Corp
2,073
10,502
Kinsale
Capital
Group,
Inc
5,511
20,988
(a),(b)
Lemonade,
Inc
344
63,080
Lincoln
National
Corp
2,014
82,321
Loews
Corp
6,445
46,136
(a),(b)
Maiden
Holdings
Ltd
104
6,263
(a)
Markel
Corp
9,529
235,140
Marsh
&
McLennan
Cos,
Inc
48,434
26,174
(b)
MBIA,
Inc
177
CREF
Equity
Index
Account
March
31,
2024
210
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
12,675
Mercury
General
Corp
$
654
298,856
Metlife,
Inc
22,148
78
National
Western
Life
Group,
Inc
38
7,308
(a)
NI
Holdings,
Inc
111
111,944
Old
Republic
International
Corp
3,439
60,575
(a)
Oscar
Health,
Inc
901
13,408
(a)
Palomar
Holdings,
Inc
1,124
18,445
Primerica,
Inc
4,666
120,318
Principal
Financial
Group
10,385
37,307
ProAssurance
Corp
480
279,676
Progressive
Corp
57,843
173,536
Prudential
Financial,
Inc
20,373
29,828
Reinsurance
Group
of
America,
Inc
(Class
A)
5,753
24,465
RenaissanceRe
Holdings
Ltd
5,750
20,019
RLI
Corp
2,972
42,415
Ryan
Specialty
Holdings,
Inc
2,354
4,020
Safety
Insurance
Group,
Inc
330
25,615
Selective
Insurance
Group,
Inc
2,796
8,398
(a)
SiriusPoint
Ltd
107
5,293
(a),(b)
Skyward
Specialty
Insurance
Group,
Inc
198
15,315
Stewart
Information
Services
Corp
996
22,143
Tiptree,
Inc
383
107,605
Travelers
Cos,
Inc
24,764
20,838
(a),(b)
Trupanion,
Inc
575
16,104
United
Fire
Group,
Inc
351
22,402
Universal
Insurance
Holdings,
Inc
455
84,743
Unum
Group
4,547
92,006
W.R.
Berkley
Corp
8,137
1,280
White
Mountains
Insurance
Group
Ltd
2,297
50,392
Willis
Towers
Watson
plc
13,858
TOTAL
INSURANCE
554,536
MATERIALS
-
2.7%
16,560
(a),(b)
5E
Advanced
Materials,
Inc
22
14,906
AdvanSix,
Inc
426
105,994
Air
Products
&
Chemicals,
Inc
25,679
56,068
Albemarle
Corp
7,386
99,055
Alcoa
Corp
3,347
58,071
(a)
Allegheny
Technologies,
Inc
2,971
5,106
Alpha
Metallurgical
Resources,
Inc
1,691
726,379
Amcor
plc
6,908
20,501
American
Vanguard
Corp
265
30,628
Aptargroup,
Inc
4,407
491,853
(a),(b)
Arcadium
Lithium
plc
2,120
7,811
Arch
Resources,
Inc
1,256
74,922
Ardagh
Metal
Packaging
S.A.
257
26,123
Ashland,
Inc
2,544
11,564
(a)
Aspen
Aerogels,
Inc
204
37,556
Avery
Dennison
Corp
8,384
49,682
Avient
Corp
2,156
92,244
(a)
Axalta
Coating
Systems
Ltd
3,172
15,070
Balchem
Corp
2,335
153,554
Ball
Corp
10,343
44,452
Berry
Global
Group,
Inc
2,688
23,466
Cabot
Corp
2,164
8,054
(b)
Caledonia
Mining
Corp
plc
89
25,997
Carpenter
Technology
Corp
1,857
47,153
Celanese
Corp
(Series
A)
8,104
12,437
(a)
Century
Aluminum
Co
191
93,988
(b)
CF
Industries
Holdings,
Inc
7,821
59,993
Chemours
Co
1,575
11,678
(a)
Clearwater
Paper
Corp
511
211
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
230,842
(a)
Cleveland-Cliffs,
Inc
$
5,249
119,550
(a)
Coeur
Mining,
Inc
451
53,154
Commercial
Metals
Co
3,124
20,319
(b)
Compass
Minerals
International,
Inc
320
32,878
(a)
Constellium
SE
727
343,155
Corteva,
Inc
19,790
52,888
Crown
Holdings,
Inc
4,192
36,022
(a),(b)
Danimer
Scientific,
Inc
39
339,626
Dow,
Inc
19,675
205,544
DuPont
de
Nemours,
Inc
15,759
16,817
Eagle
Materials,
Inc
4,570
60,013
Eastman
Chemical
Co
6,014
119,042
Ecolab,
Inc
27,487
20,162
(a)
Ecovyst,
Inc
225
92,641
Element
Solutions,
Inc
2,314
64,363
FMC
Corp
4,100
669,715
Freeport-McMoRan,
Inc
(Class
B)
31,490
17,819
FutureFuel
Corp
143
768,616
(a),(b)
Ginkgo
Bioworks
Holdings,
Inc
892
32,454
(a)
Glatfelter
Corp
65
145,764
Graphic
Packaging
Holding
Co
4,253
14,075
Greif,
Inc
(Class
A)
972
3,993
Greif,
Inc
(Class
B)
278
22,652
H.B.
Fuller
Co
1,806
15,846
Hawkins,
Inc
1,217
9,402
Haynes
International,
Inc
565
290,099
Hecla
Mining
Co
1,395
85,574
Huntsman
Corp
2,227
96,273
(a),(b)
i-80
Gold
Corp
129
21,966
(a)
Ingevity
Corp
1,048
11,273
Innospec,
Inc
1,454
127,265
International
Flavors
&
Fragrances,
Inc
10,944
172,512
International
Paper
Co
6,731
6,735
(a)
Intrepid
Potash,
Inc
140
23,280
(a),(b)
Ivanhoe
Electric,
Inc
228
8,625
Kaiser
Aluminum
Corp
771
24,111
(a)
Knife
River
Corp
1,955
15,231
Koppers
Holdings,
Inc
840
14,288
Kronos
Worldwide,
Inc
169
231,199
Linde
plc
107,350
34,555
Louisiana-Pacific
Corp
2,899
16,250
(a)
LSB
Industries,
Inc
143
122,748
LyondellBasell
Industries
NV
12,555
28,783
Martin
Marietta
Materials,
Inc
17,671
11,119
Materion
Corp
1,465
12,674
Minerals
Technologies,
Inc
954
144,298
Mosaic
Co
4,684
39,809
(a),(b)
MP
Materials
Corp
569
18,118
Myers
Industries,
Inc
420
2,137
NewMarket
Corp
1,356
566,834
Newmont
Goldcorp
Corp
20,315
149,512
(a)
Novagold
Resources,
Inc
449
117,400
Nucor
Corp
23,233
59,953
(a)
O-I
Glass,
Inc
995
62,167
Olin
Corp
3,655
6,559
Olympic
Steel,
Inc
465
54,529
(a),(b)
Origin
Materials,
Inc
28
38,461
Orion
S.A.
905
41,034
Packaging
Corp
of
America
7,787
22,477
Pactiv
Evergreen,
Inc
322
62,456
(a)
Perimeter
Solutions
S.A.
463
8,901
(a),(b)
Piedmont
Lithium,
Inc
119
CREF
Equity
Index
Account
March
31,
2024
212
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
111,158
PPG
Industries,
Inc
$
16,107
7,360
Quaker
Chemical
Corp
1,511
2,299
Ramaco
Resources,
Inc
29
11,495
Ramaco
Resources,
Inc
194
16,208
(a)
Ranpak
Holdings
Corp
128
31,957
(a)
Rayonier
Advanced
Materials,
Inc
153
25,953
Reliance
Steel
&
Aluminum
Co
8,673
32,757
Royal
Gold,
Inc
3,990
57,694
RPM
International,
Inc
6,863
8,418
Ryerson
Holding
Corp
282
14,147
Schnitzer
Steel
Industries,
Inc
(Class
A)
299
9,517
Schweitzer-Mauduit
International,
Inc
178
22,512
Scotts
Miracle-Gro
Co
(Class
A)
1,679
70,338
Sealed
Air
Corp
2,617
18,559
Sensient
Technologies
Corp
1,284
112,338
Sherwin-Williams
Co
39,018
41,605
Silgan
Holdings,
Inc
2,020
36,841
Sonoco
Products
Co
2,131
38,078
(b)
Southern
Copper
Corp
4,056
109,335
SSR
Mining,
Inc
488
76,597
Steel
Dynamics,
Inc
11,354
8,132
Stepan
Co
732
65,111
(a)
Summit
Materials,
Inc
2,902
48,451
SunCoke
Energy,
Inc
546
17,918
Sylvamo
Corp
1,106
29,755
(a)
TimkenSteel
Corp
662
19,671
Tredegar
Corp
128
23,586
Trimas
Corp
630
23,427
Trinseo
plc
89
62,538
Tronox
Holdings
plc
1,085
1,357
United
States
Lime
&
Minerals,
Inc
405
98,029
United
States
Steel
Corp
3,998
60,968
Vulcan
Materials
Co
16,639
28,082
Warrior
Met
Coal,
Inc
1,705
14,533
Westlake
Chemical
Corp
2,221
113,717
Westrock
Co
5,623
10,006
Worthington
Industries,
Inc
623
10,006
Worthington
Steel,
Inc
359
TOTAL
MATERIALS
645,930
MEDIA
&
ENTERTAINMENT
-
7.4%
41,683
(a),(b)
Advantage
Solutions,
Inc
180
2,392,687
(a)
Alphabet,
Inc
364,310
2,832,696
(a)
Alphabet,
Inc
(Class
A)
427,539
3,196
(a)
AMC
Entertainment
Holdings,
Inc
12
16,067
(a)
AMC
Networks,
Inc
195
28,493
(a)
Atlanta
Braves
Holdings,
Inc
1,113
7,655
(a)
Atlanta
Braves
Holdings,
Inc
321
7,354
(a)
Boston
Omaha
Corp
114
44,223
(a)
Bumble,
Inc
502
3,042
Cable
One,
Inc
1,287
51,402
(a)
Cargurus,
Inc
1,186
37,344
(a)
Cars.com,
Inc
642
48,408
(a)
Charter
Communications,
Inc
14,069
58,982
(a)
Cinemark
Holdings,
Inc
1,060
198,206
(a)
Clear
Channel
Outdoor
Holdings,
Inc
327
1,887,403
Comcast
Corp
(Class
A)
81,819
772
(a)
Daily
Journal
Corp
279
22,415
(a)
DHI
Group,
Inc
57
126,113
Electronic
Arts,
Inc
16,731
50,932
Entravision
Communications
Corp
(Class
A)
84
40,961
(a)
Eventbrite,
Inc
224
213
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
8,345
(a)
EverQuote,
Inc
$
155
31,270
(a)
EW
Scripps
Co
(Class
A)
123
114,163
Fox
Corp
(Class
A)
3,570
52,050
Fox
Corp
(Class
B)
1,490
135,594
(a),(b)
fuboTV,
Inc
214
74,491
(a)
Gannett
Co,
Inc
182
46,930
Gray
Television,
Inc
297
20,672
(a),(b)
Grindr,
Inc
209
42,355
(a)
IAC,
Inc
2,259
27,196
(a)
IMAX
Corp
440
16,911
(a)
Integral
Ad
Science
Holding
Corp
169
183,140
Interpublic
Group
of
Cos,
Inc
5,976
23,547
John
Wiley
&
Sons,
Inc
(Class
A)
898
58,788
(a)
Liberty
Broadband
Corp
3,364
5,960
(a)
Liberty
Broadband
Corp
(Class
A)
340
6,884
(a)
Liberty
Media
Corp-Liberty
Formula
One
(Class
A)
404
90,959
(a)
Liberty
Media
Corp-Liberty
Formula
One
(Class
C)
5,967
9,028
(a)
Liberty
Media
Corp-Liberty
Live
(Class
A)
382
22,561
(a)
Liberty
Media
Corp-Liberty
Live
(Class
C)
989
72,983
(a)
Liberty
Media
Corp-Liberty
SiriusXM
2,168
34,936
(a)
Liberty
Media
Corp-Liberty
SiriusXM
(Class
A)
1,038
37,150
(a)
Lions
Gate
Entertainment
Corp
(Class
A)
370
71,817
(a)
Lions
Gate
Entertainment
Corp
(Class
B)
669
71,776
(a)
Live
Nation,
Inc
7,592
13,156
(a)
Madison
Square
Garden
Entertainment
Corp
516
10,365
(a)
Madison
Square
Garden
Sports
Corp
1,913
61,168
(a)
Magnite,
Inc
658
14,211
(b)
Marcus
Corp
203
133,165
(a)
Match
Group,
Inc
4,831
9,561
(a)
MediaAlpha,
Inc
195
1,054,293
Meta
Platforms,
Inc
511,944
203,300
(a)
NetFlix,
Inc
123,470
73,578
New
York
Times
Co
(Class
A)
3,180
189,629
News
Corp
(Class
A)
4,964
66,535
News
Corp
(Class
B)
1,800
14,548
Nexstar
Media
Group,
Inc
2,506
73,273
(a)
Nextdoor
Holdings,
Inc
165
97,357
Omnicom
Group,
Inc
9,420
20,470
(a)
Outbrain,
Inc
81
4,594
(b)
Paramount
Global
(Class
A)
100
305,131
Paramount
Global
(Class
B)
3,591
277,011
(a)
Pinterest,
Inc
9,604
40,614
(a)
Playstudios,
Inc
113
42,908
Playtika
Holding
Corp
302
21,386
(a)
PubMatic,
Inc
507
20,643
(a)
QuinStreet,
Inc
365
227,072
(a)
ROBLOX
Corp
8,670
57,130
(a)
Roku,
Inc
3,723
19,984
Scholastic
Corp
754
13,499
Shutterstock,
Inc
618
11,690
(b)
Sinclair,
Inc
157
319,108
(b)
Sirius
XM
Holdings,
Inc
1,238
13,156
(a),(b)
Sphere
Entertainment
Co
646
67,991
(a)
Spotify
Technology
S.A.
17,943
33,238
(a)
Stagwell,
Inc
207
77,842
(a)
Take-Two
Interactive
Software,
Inc
11,559
12,153
(a)
TechTarget,
Inc
402
58,775
TEGNA,
Inc
878
13,027
(a)
Thryv
Holdings,
Inc
290
29,728
TKO
Group
Holdings,
Inc
2,569
56,597
(a)
TripAdvisor,
Inc
1,573
44,667
(a)
TrueCar,
Inc
151
CREF
Equity
Index
Account
March
31,
2024
214
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
68,763
(a)
Vimeo,
Inc
$
281
12,686
(a),(b)
Vivid
Seats,
Inc
76
875,427
Walt
Disney
Co
107,117
1,098,789
(a)
Warner
Bros
Discovery,
Inc
9,592
28,599
(a)
WideOpenWest,
Inc
103
41,665
(a)
Yelp,
Inc
1,642
23,417
(a)
Ziff
Davis,
Inc
1,476
40,960
(a)
ZipRecruiter,
Inc
471
141,765
(a)
ZoomInfo
Technologies,
Inc
2,272
TOTAL
MEDIA
&
ENTERTAINMENT
1,806,152
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
7.3%
45,940
(a)
10X
Genomics,
Inc
1,724
11,229
(a),(b)
2seventy
bio,
Inc
60
22,403
(a)
4D
Molecular
Therapeutics,
Inc
714
30,587
(a)
89bio,
Inc
356
841,172
AbbVie,
Inc
153,177
46,492
(a)
Acadia
Pharmaceuticals,
Inc
860
34,596
(a),(b)
ACELYRIN,
Inc
234
23,691
(a)
Aclaris
Therapeutics,
Inc
29
12,987
(a),(b)
Actinium
Pharmaceuticals,
Inc
102
59,774
(a)
Adaptive
Biotechnologies
Corp
192
14,505
(a),(b)
Adicet
Bio,
Inc
34
95,244
(a)
ADMA
Biologics,
Inc
629
107,560
(a)
Agenus,
Inc
62
141,540
Agilent
Technologies,
Inc
20,596
34,493
(a)
Agios
Pharmaceuticals,
Inc
1,009
22,177
(a)
Akero
Therapeutics,
Inc
560
23,019
(a)
Aldeyra
Therapeutics,
Inc
75
31,429
(a)
Alector,
Inc
189
87,531
(a)
Alkermes
plc
2,369
33,411
(a),(b)
Allakos,
Inc
42
28,864
(a)
Allogene
Therapeutics,
Inc
129
61,672
(a)
Alnylam
Pharmaceuticals,
Inc
9,217
15,824
(a)
Alpine
Immune
Sciences,
Inc
627
24,706
(a),(b)
Altimmune,
Inc
252
9,675
(a),(b)
ALX
Oncology
Holdings,
Inc
108
254,785
Amgen,
Inc
72,440
151,298
(a)
Amicus
Therapeutics,
Inc
1,782
53,162
(a)
Amneal
Pharmaceuticals,
Inc
322
14,523
(a)
Amphastar
Pharmaceuticals,
Inc
638
25,689
(a),(b)
Amylyx
Pharmaceuticals,
Inc
73
12,566
(a)
AnaptysBio,
Inc
283
30,524
(a),(b)
Anavex
Life
Sciences
Corp
155
5,767
(a)
ANI
Pharmaceuticals,
Inc
399
10,943
(a)
Anika
Therapeutics,
Inc
278
94,340
(a)
Annexon,
Inc
676
46,610
(a)
Apellis
Pharmaceuticals,
Inc
2,740
19,643
(a),(b)
Apogee
Therapeutics,
Inc
1,305
55,373
(a),(b)
Arbutus
Biopharma
Corp
143
15,098
(a)
Arcellx,
Inc
1,050
7,756
(a)
Arcturus
Therapeutics
Holdings,
Inc
262
20,717
(a)
Arcus
Biosciences,
Inc
391
70,172
(a)
Arcutis
Biotherapeutics,
Inc
695
105,254
(a)
Ardelyx,
Inc
768
55,310
(a)
Arrowhead
Pharmaceuticals,
Inc
1,582
23,815
(a)
Arvinas,
Inc
983
27,175
(a),(b)
Assertio
Holdings,
Inc
26
197
(a)
Astria
Therapeutics,
Inc
3
35,244
(a),(b)
Atea
Pharmaceuticals,
Inc
142
9,389
(a)
Aura
Biosciences,
Inc
74
68,772
(a),(b)
Aurinia
Pharmaceuticals,
Inc
345
215
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
318,550
(a)
Avantor,
Inc
$
8,145
33,858
(a)
Avid
Bioservices,
Inc
227
38,891
(a)
Avidity
Biosciences,
Inc
993
12,422
(a),(b)
Avita
Medical,
Inc
199
15,727
(a),(b)
Axsome
Therapeutics,
Inc
1,255
25,636
(a),(b)
Beam
Therapeutics,
Inc
847
97,016
(a)
BioCryst
Pharmaceuticals,
Inc
493
68,965
(a)
Biogen,
Inc
14,871
34,983
(a)
Biohaven
Ltd
1,913
13,317
(a)
BioLife
Solutions,
Inc
247
93,702
(a)
BioMarin
Pharmaceutical,
Inc
8,184
9,809
(a),(b)
Biomea
Fusion,
Inc
147
10,456
(a)
Bio-Rad
Laboratories,
Inc
(Class
A)
3,616
78,368
Bio-Techne
Corp
5,516
33,689
(a),(b)
Bluebird
Bio,
Inc
43
31,927
(a)
Blueprint
Medicines
Corp
3,029
58,721
(a)
Bridgebio
Pharma,
Inc
1,816
975,921
Bristol-Myers
Squibb
Co
52,924
26,921
(a)
Brooks
Automation,
Inc
1,623
47,870
Bruker
BioSciences
Corp
4,497
11,526
(a)
Cabaletta
Bio,
Inc
197
19,366
(a),(b)
Cara
Therapeutics,
Inc
18
27,306
(a),(b)
CareDx,
Inc
289
10,249
(a),(b)
Cargo
Therapeutics,
Inc
229
17,393
(a)
Caribou
Biosciences,
Inc
89
13,320
(a),(b)
Carisma
Therapeutics,
Inc
30
20,876
(a),(b)
Cassava
Sciences,
Inc
424
85,996
(a)
Catalent,
Inc
4,854
50,782
(a),(b)
Catalyst
Pharmaceuticals,
Inc
809
8,603
(a),(b)
Celcuity,
Inc
186
21,395
(a)
Celldex
Therapeutics,
Inc
898
35,533
(a)
Cerevel
Therapeutics
Holdings,
Inc
1,502
11,058
(a),(b)
CG
oncology,
Inc
485
25,265
(a)
Charles
River
Laboratories
International,
Inc
6,846
28,644
(a),(c)
Chinook
Therapeutics,
Inc
11
23,538
(a)
Codexis,
Inc
82
22,858
(a)
Cogent
Biosciences,
Inc
154
16,286
(a)
Collegium
Pharmaceutical,
Inc
632
45,293
(a),(b)
Compass
Therapeutics,
Inc
90
33,186
(a)
Corcept
Therapeutics,
Inc
836
22,299
(a),(b)
CorMedix,
Inc
95
38,468
(a)
Crinetics
Pharmaceuticals,
Inc
1,801
22,130
(a)
CryoPort,
Inc
392
7,345
(a)
Cullinan
Oncology,
Inc
125
51,177
(a)
Cytek
Biosciences,
Inc
343
42,716
(a)
Cytokinetics,
Inc
2,995
316,303
Danaher
Corp
78,987
11,974
(a)
Day
One
Biopharmaceuticals,
Inc
198
22,263
(a)
Deciphera
Pharmaceuticals,
Inc
350
49,642
(a)
Denali
Therapeutics,
Inc
1,019
14,200
(a)
Design
Therapeutics,
Inc
57
3,831
(a),(b)
Disc
Medicine,
Inc
239
58,823
(a)
Dynavax
Technologies
Corp
730
38,158
(a)
Dyne
Therapeutics,
Inc
1,083
6,368
(a),(b)
Eagle
Pharmaceuticals,
Inc
33
20,664
(a)
Edgewise
Therapeutics,
Inc
377
35,681
(a),(b)
Editas
Medicine,
Inc
265
242,401
(a)
Elanco
Animal
Health,
Inc
3,946
404,332
Eli
Lilly
&
Co
314,554
11,786
(a)
Enanta
Pharmaceuticals,
Inc
206
11,571
(a),(b)
Enliven
Therapeutics,
Inc
204
10,600
(a),(b)
Entrada
Therapeutics,
Inc
150
CREF
Equity
Index
Account
March
31,
2024
216
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
33,527
(a)
Erasca,
Inc
$
69
17,590
(a)
Evolus,
Inc
246
88,922
(a)
Exact
Sciences
Corp
6,141
170,031
(a)
Exelixis,
Inc
4,035
12,962
(a),(b)
EyePoint
Pharmaceuticals,
Inc
268
42,216
(a)
Fate
Therapeutics,
Inc
310
10,305
(a),(b)
Foghorn
Therapeutics,
Inc
69
45,181
(a)
Fortrea
Holdings,
Inc
1,814
29,510
(a)
Genelux
Corp
190
23,909
(a),(b)
Generation
Bio
Co
97
245,957
(a)
Geron
Corp
812
596,877
Gilead
Sciences,
Inc
43,721
44,572
(a),(b)
Gritstone
bio,
Inc
115
68,124
(a)
Halozyme
Therapeutics,
Inc
2,771
12,195
(a)
Harmony
Biosciences
Holdings,
Inc
410
12,872
(a),(b)
Harrow
Health,
Inc
170
19,354
(a)
Harvard
Bioscience,
Inc
82
197,694
(a),(b)
Heron
Therapeutics,
Inc
548
10,524
(a)
HilleVax,
Inc
175
38,381
(a)
ICON
plc
12,894
31,278
(a)
Ideaya
Biosciences,
Inc
1,372
2,211
(a),(b)
IGM
Biosciences,
Inc
21
78,792
(a)
Illumina,
Inc
10,820
10,169
(a),(b)
Immuneering
Corp
29
29,826
(a),(b)
ImmunityBio,
Inc
160
19,494
(a)
Immunovant,
Inc
630
87,640
(a)
Incyte
Corp
4,993
15,231
(a)
Inhibrx,
Inc
532
34,523
(a)
Innoviva,
Inc
526
16,918
(a),(b)
Inozyme
Pharma,
Inc
130
60,247
(a)
Insmed,
Inc
1,635
34,856
(a)
Intellia
Therapeutics,
Inc
959
46,963
(a)
Intra-Cellular
Therapies,
Inc
3,250
79,163
(a)
Ionis
Pharmaceuticals,
Inc
3,432
109,007
(a)
Iovance
Biotherapeutics,
Inc
1,615
86,333
(a)
IQVIA
Holdings,
Inc
21,833
95,014
(a)
Ironwood
Pharmaceuticals,
Inc
828
11,046
(a)
iTeos
Therapeutics,
Inc
151
8,802
(a),(b)
Janux
Therapeutics,
Inc
331
28,814
(a)
Jazz
Pharmaceuticals
plc
3,470
1,150,367
Johnson
&
Johnson
181,977
10,666
(a)
KalVista
Pharmaceuticals,
Inc
127
46,110
(a),(b)
Karyopharm
Therapeutics,
Inc
70
8,516
(a)
Keros
Therapeutics,
Inc
564
18,676
(a)
Kezar
Life
Sciences,
Inc
17
11,321
(a)
Kiniksa
Pharmaceuticals
Ltd
223
18,276
(a),(b)
Kodiak
Sciences,
Inc
96
9,785
(a)
Krystal
Biotech,
Inc
1,741
31,598
(a)
Kura
Oncology,
Inc
674
15,771
(a)
Kymera
Therapeutics,
Inc
634
69,606
(a),(b)
Larimar
Therapeutics,
Inc
528
30,110
(a)
Lexicon
Pharmaceuticals,
Inc
72
8,586
(a)
Ligand
Pharmaceuticals,
Inc
(Class
B)
628
65,652
(a),(b)
Lineage
Cell
Therapeutics,
Inc
97
24,455
(a),(b)
Liquidia
Corp
361
32,698
(a),(b)
Longboard
Pharmaceuticals,
Inc
706
77,816
(a),(b)
Lyell
Immunopharma,
Inc
174
32,187
(a)
MacroGenics,
Inc
474
6,193
(a),(b)
Madrigal
Pharmaceuticals,
Inc
1,654
94,899
(a),(b)
MannKind
Corp
430
54,984
(a)
Maravai
LifeSciences
Holdings,
Inc
477
24,801
(a),(b)
Marinus
Pharmaceuticals,
Inc
224
217
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
51,230
(a),(b)
MaxCyte,
Inc
$
215
10,580
(a)
Medpace
Holdings,
Inc
4,276
10,086
(a)
MeiraGTx
Holdings
plc
61
1,210,461
Merck
&
Co,
Inc
159,720
2,255
Mesa
Laboratories,
Inc
247
10,239
(a)
Mettler-Toledo
International,
Inc
13,631
60,615
(a)
MiMedx
Group,
Inc
467
7,068
(a),(b)
Mineralys
Therapeutics,
Inc
91
8,147
(a),(b)
Mirum
Pharmaceuticals,
Inc
205
158,943
(a),(b)
Moderna,
Inc
16,937
14,704
(a),(b)
Monte
Rosa
Therapeutics,
Inc
104
15,005
(a)
Morphic
Holding,
Inc
528
8,753
(a)
Mural
Oncology
PLC
43
46,607
(a)
Myriad
Genetics,
Inc
994
51,554
(a)
Natera,
Inc
4,715
25,317
(a),(b)
Nautilus
Biotechnology,
Inc
74
45,814
(a)
Neurocrine
Biosciences,
Inc
6,319
15,360
(a),(b)
NGM
Biopharmaceuticals,
Inc
24
9,374
(a),(b)
Nkarta,
Inc
101
40,572
(a),(b)
Novavax,
Inc
194
17,085
(a),(b)
Nurix
Therapeutics,
Inc
251
10,256
(a),(b)
Nuvalent,
Inc
770
35,946
(a)
Nuvation
Bio,
Inc
131
41,830
(a)
Ocular
Therapeutix,
Inc
381
13,370
(a)
Olema
Pharmaceuticals,
Inc
151
12,172
(a),(b)
Omega
Therapeutics,
Inc
44
3,255
(a),(c)
OmniAb
Operations,
Inc
0
^
3,255
(a),(c)
OmniAb
Operations,
Inc
0
^
42,040
(a)
OmniAb,
Inc
228
13,691
(a)
Organogenesis
Holdings,
Inc
39
99,908
Organon
&
Co
1,878
19,543
(a),(b)
ORIC
Pharmaceuticals,
Inc
269
29,936
(a)
Ovid
therapeutics,
Inc
91
100,456
(a),(b)
Pacific
Biosciences
of
California,
Inc
377
23,821
(a)
Pacira
BioSciences,
Inc
696
59,289
PerkinElmer,
Inc
6,225
48,417
Perrigo
Co
plc
1,559
2,706,201
Pfizer,
Inc
75,097
56,260
(a),(b)
Phathom
Pharmaceuticals,
Inc
597
12,927
Phibro
Animal
Health
Corp
167
27,964
(a),(b)
Pliant
Therapeutics,
Inc
417
14,315
(a),(b)
PMV
Pharmaceuticals,
Inc
24
39,456
(a),(b)
Precigen,
Inc
57
24,486
(a)
Prestige
Consumer
Healthcare,
Inc.
1,777
19,579
(a),(b)
Prime
Medicine,
Inc
137
30,525
(a),(b)
ProKidney
Corp
50
22,557
(a)
Protagonist
Therapeutics,
Inc
653
18,603
(a)
Prothena
Corp
plc
461
37,990
(a)
PTC
Therapeutics,
Inc
1,105
109,718
QIAGEN
NV
4,717
16,838
(a)
Quanterix
Corp
397
46,832
(a),(b)
Quantum-Si,
Inc
92
15,258
(a)
Rallybio
Corp
28
6,533
(a),(b)
RAPT
Therapeutics,
Inc
59
63,522
(a),(b)
Recursion
Pharmaceuticals,
Inc
633
48,518
(a)
Regeneron
Pharmaceuticals,
Inc
46,698
19,715
(a)
REGENXBIO,
Inc
415
31,945
(a)
Relay
Therapeutics,
Inc
265
26,192
(a)
Repligen
Corp
4,817
10,254
(a)
Replimune
Group,
Inc
84
33,815
(a)
Revance
Therapeutics,
Inc
166
57,859
(a)
REVOLUTION
Medicines,
Inc
1,865
CREF
Equity
Index
Account
March
31,
2024
218
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
25,414
(a)
Rhythm
Pharmaceuticals,
Inc
$
1,101
86,450
(a)
Rigel
Pharmaceuticals,
Inc
128
20,281
(a)
Rocket
Pharmaceuticals,
Inc
546
178,841
(a)
Roivant
Sciences
Ltd
1,885
165,226
Royalty
Pharma
plc
5,018
28,225
(a)
Sage
Therapeutics,
Inc
529
46,510
(a),(b)
Sana
Biotechnology,
Inc
465
52,234
(a)
Sangamo
Therapeutics
Inc
35
41,917
(a)
Sarepta
Therapeutics,
Inc
5,427
38,005
(a),(b)
Savara,
Inc
189
7,676
(a)
Scholar
Rock
Holding
Corp
136
14,352
(a),(b)
scPharmaceuticals,
Inc
72
22,417
(a),(b)
Seer,
Inc
43
35,191
SIGA
Technologies,
Inc
301
99,083
(a),(b),(c)
Sorrento
Therapeutics,
Inc
146
43,033
(a)
Sotera
Health
Co
517
35,381
(a),(b)
SpringWorks
Therapeutics,
Inc
1,741
10,464
(a),(b)
Stoke
Therapeutics,
Inc
141
57,751
(a),(b)
Summit
Therapeutics,
Inc
239
26,807
(a)
Supernus
Pharmaceuticals,
Inc
914
15,843
(a)
Sutro
Biopharma,
Inc
90
24,529
(a)
Syndax
Pharmaceuticals,
Inc
584
23,918
(a)
Tango
Therapeutics,
Inc
190
4,094
(a)
Taro
Pharmaceutical
Industries
Ltd
173
9,396
(a)
Tarsus
Pharmaceuticals,
Inc
342
22,763
(a)
Tenaya
Therapeutics,
Inc
119
21,241
(a)
Terns
Pharmaceuticals,
Inc
139
69,942
(a)
TG
Therapeutics,
Inc
1,064
29,259
(a),(b)
Theravance
Biopharma,
Inc
262
183,985
Thermo
Fisher
Scientific,
Inc
106,934
25,726
(a),(b)
Travere
Therapeutics,
Inc
198
26,284
(a)
Twist
Bioscience
Corp
902
6,957
(a),(b)
Tyra
Biosciences,
Inc
114
33,751
(a)
Ultragenyx
Pharmaceutical,
Inc
1,576
22,243
(a)
United
Therapeutics
Corp
5,110
9,811
(a),(b)
UroGen
Pharma
Ltd
147
31,395
(a)
Vanda
Pharmaceuticals,
Inc
129
45,372
(a)
Vaxcyte,
Inc
3,099
30,037
(a)
Ventyx
Biosciences,
Inc
165
6,792
(a),(b)
Vera
Therapeutics,
Inc
293
36,815
(a)
Veracyte,
Inc
816
24,994
(a)
Vericel
Corp
1,300
122,651
(a)
Vertex
Pharmaceuticals,
Inc
51,269
23,209
(a),(b)
Verve
Therapeutics,
Inc
308
530,013
Viatris,
Inc
6,328
47,438
(a)
Viking
Therapeutics,
Inc
3,890
32,800
(a)
Vir
Biotechnology,
Inc
332
16,873
(a)
Viridian
Therapeutics,
Inc
295
19,087
(a)
Vor
BioPharma,
Inc
45
15,628
(a)
Voyager
Therapeutics,
Inc
146
29,140
(a)
Waters
Corp
10,031
29,537
(a),(b)
WaVe
Life
Sciences
Ltd
182
35,435
West
Pharmaceutical
Services,
Inc
14,022
61,355
(a),(b)
X4
Pharmaceuticals,
Inc
85
27,098
(a)
Xencor,
Inc
600
67,913
(a)
Xeris
Biopharma
Holdings,
Inc
150
19,065
(a),(b)
Y-mAbs
Therapeutics,
Inc
310
18,143
(a)
Zentalis
Pharmaceuticals,
Inc
286
17,404
(a),(b)
Zevra
Therapeutics,
Inc
101
223,138
Zoetis,
Inc
37,757
219
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
26,472
(a)
Zymeworks,
Inc
$
279
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
1,774,447
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.1%
62,854
(a)
Anywhere
Real
Estate,
Inc
388
143,011
(a)
CBRE
Group,
Inc
13,906
133,621
(a)
Compass,
Inc
481
66,192
(a)
Cushman
&
Wakefield
plc
692
69,755
DigitalBridge
Group,
Inc
1,344
41,149
Douglas
Elliman,
Inc
65
28,436
(b)
eXp
World
Holdings,
Inc
294
425
(a)
Forestar
Group,
Inc
17
4,942
(a)
FRP
Holdings,
Inc
304
16,878
(a)
Howard
Hughes
Holdings,
Inc
1,226
23,806
(a)
Jones
Lang
LaSalle,
Inc
4,644
44,610
Kennedy-Wilson
Holdings,
Inc
383
11,498
Marcus
&
Millichap,
Inc
393
81,428
Newmark
Group,
Inc
903
228,590
(a)
Opendoor
Technologies,
Inc
693
13,117
(b)
Re/Max
Holdings,
Inc
115
57,095
(a),(b)
Redfin
Corp
380
5,123
RMR
Group,
Inc
123
18,561
St.
Joe
Co
1,076
3,112
(a)
Stratus
Properties,
Inc
71
12,164
(a)
Tejon
Ranch
Co
188
20,587
(a)
Zillow
Group,
Inc
(Class
A)
985
74,688
(a)
Zillow
Group,
Inc
(Class
C)
3,643
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
32,314
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
8.9%
24,578
(a)
ACM
Research,
Inc
716
763,015
(a)
Advanced
Micro
Devices,
Inc
137,717
12,826
(a),(b)
Aehr
Test
Systems
159
26,133
(a)
Allegro
MicroSystems,
Inc
705
15,539
(a)
Alpha
&
Omega
Semiconductor
Ltd
342
19,074
(a)
Ambarella,
Inc
968
55,705
Amkor
Technology,
Inc
1,796
236,844
Analog
Devices,
Inc
46,845
400,589
Applied
Materials,
Inc
82,613
10,142
(a),(b)
Atomera,
Inc
62
16,075
(a)
Axcelis
Technologies,
Inc
1,793
205,582
Broadcom,
Inc
272,480
15,710
(a)
Ceva,
Inc
357
18,757
(a)
Cirrus
Logic,
Inc
1,736
26,675
(a)
Cohu,
Inc
889
63,354
(a)
Credo
Technology
Group
Holding
Ltd
1,342
23,788
(a)
Diodes,
Inc
1,677
59,868
(a)
Enphase
Energy,
Inc
7,243
72,011
Entegris,
Inc
10,120
51,096
(a)
First
Solar,
Inc
8,625
42,439
(a)
Formfactor,
Inc
1,936
39,047
(a),(b)
GLOBALFOUNDRIES,
Inc
2,035
15,133
(a)
Ichor
Holdings
Ltd
584
13,074
(a),(b)
Impinj,
Inc
1,679
51,148
(a),(b)
indie
Semiconductor,
Inc
362
2,012,141
Intel
Corp
88,876
5,319
(a),(b)
inTEST
Corp
70
63,710
KLA
Corp
44,506
26,815
Kulicke
&
Soffa
Industries,
Inc
1,349
62,802
Lam
Research
Corp
61,017
68,594
(a)
Lattice
Semiconductor
Corp
5,366
26,755
(a)
MACOM
Technology
Solutions
Holdings,
Inc
2,559
CREF
Equity
Index
Account
March
31,
2024
220
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
413,387
Marvell
Technology,
Inc
$
29,301
12,490
(a),(b)
Maxeon
Solar
Technologies
Ltd
42
38,172
(a)
MaxLinear,
Inc
713
251,780
Microchip
Technology,
Inc
22,587
517,623
Micron
Technology,
Inc
61,023
33,135
MKS
Instruments,
Inc
4,407
21,877
Monolithic
Power
Systems,
Inc
14,820
50,806
(a)
Navitas
Semiconductor
Corp
242
2,338
NVE
Corp
211
1,132,824
Nvidia
Corp
1,023,574
208,183
(a)
ON
Semiconductor
Corp
15,312
21,454
(a)
Onto
Innovation,
Inc
3,885
20,605
(a)
PDF
Solutions,
Inc
694
29,998
(a)
Photronics,
Inc
850
25,919
Power
Integrations,
Inc
1,855
46,313
(a)
Qorvo,
Inc
5,318
531,781
QUALCOMM,
Inc
90,031
53,820
(a)
Rambus,
Inc
3,327
35,296
(a)
Semtech
Corp
970
15,676
(a)
Silicon
Laboratories,
Inc
2,253
7,023
(a)
SiTime
Corp
655
69,239
Skyworks
Solutions,
Inc
7,500
15,494
(a)
SMART
Global
Holdings,
Inc
408
19,257
(a)
Synaptics,
Inc
1,879
75,708
Teradyne,
Inc
8,542
433,797
Texas
Instruments,
Inc
75,572
23,500
(a),(b)
Ultra
Clean
Holdings
1,080
20,752
Universal
Display
Corp
3,496
13,515
(a)
Veeco
Instruments,
Inc
475
62,345
(a)
Wolfspeed,
Inc
1,839
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
2,171,385
SOFTWARE
&
SERVICES
-
12.0%
65,506
(a),(b)
8x8,
Inc
177
32,215
A10
Networks,
Inc
441
300,460
Accenture
plc
104,142
68,208
(a)
ACI
Worldwide,
Inc
2,265
57,275
Adeia,
Inc
625
214,803
(a)
Adobe,
Inc
108,390
11,056
(a)
Agilysys,
Inc
932
70,255
(a)
Akamai
Technologies,
Inc
7,641
26,945
(a)
Alarm.com
Holdings,
Inc
1,953
15,192
(a)
Alkami
Technology,
Inc
373
24,769
(a)
Altair
Engineering,
Inc
2,134
51,231
Amdocs
Ltd
4,630
15,720
American
Software,
Inc
(Class
A)
180
28,669
(a)
Amplitude,
Inc
312
41,203
(a)
Ansys,
Inc
14,304
9,509
(a)
Appfolio,
Inc
2,346
20,140
(a)
Appian
Corp
805
33,758
(a),(b)
Applied
Digital
Corp
145
99,212
(a)
AppLovin
Corp
6,867
40,356
(a),(b)
Asana,
Inc
625
14,242
(a)
Aspentech
Corp
3,038
9,467
(a)
Asure
Software,
Inc
74
75,578
(a)
Atlassian
Corp
Ltd
14,746
102,498
(a)
Autodesk,
Inc
26,693
66,029
(a)
AvePoint,
Inc
523
95,656
Bentley
Systems,
Inc
4,995
24,476
(a)
BigCommerce
Holdings,
Inc
169
49,304
(a)
BILL
Holdings,
Inc
3,388
36,478
(a),(b)
Bit
Digital,
Inc
105
221
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
17,422
(a)
Blackbaud,
Inc
$
1,292
29,853
(a)
BlackLine,
Inc
1,928
66,925
(a)
Box,
Inc
1,895
17,121
(a)
Braze,
Inc
758
20,694
(a)
Brightcove,
Inc
40
29,086
(a),(b)
C3.ai,
Inc
787
129,358
(a)
Cadence
Design
Systems,
Inc
40,267
161,339
(a)
CCC
Intelligent
Solutions
Holdings,
Inc
1,930
22,039
(a)
Cerence,
Inc
347
73,546
(a)
Ceridian
HCM
Holding,
Inc
4,869
82,383
(a)
Cleanspark,
Inc
1,747
31,897
Clear
Secure,
Inc
678
136,887
(a)
Cloudflare,
Inc
13,255
232,781
Cognizant
Technology
Solutions
Corp
(Class
A)
17,061
20,876
(a)
Commvault
Systems,
Inc
2,117
92,360
(a)
Confluent,
Inc
2,819
7,805
(a)
Consensus
Cloud
Solutions,
Inc
124
3,649
(a),(b)
CoreCard
Corp
40
13,583
(a)
Couchbase,
Inc
357
101,429
(a)
Crowdstrike
Holdings,
Inc
32,517
6,968
(a)
CS
Disco,
Inc
57
133,433
(a)
Datadog,
Inc
16,492
7,264
(a),(b)
Digimarc
Corp
197
46,104
(a)
Digital
Turbine,
Inc
121
39,126
(a),(b)
DigitalOcean
Holdings,
Inc
1,494
91,998
(a)
DocuSign,
Inc
5,478
29,210
Dolby
Laboratories,
Inc
(Class
A)
2,447
15,039
(a)
Domo,
Inc
134
55,975
(a)
DoubleVerify
Holdings,
Inc
1,968
118,133
(a)
Dropbox,
Inc
2,871
83,626
(a)
DXC
Technology
Co
1,774
123,521
(a)
Dynatrace,
Inc
5,736
87,429
(a)
E2open
Parent
Holdings,
Inc
388
10,699
(a)
eGain
Corp
69
37,517
(a)
Elastic
NV
3,761
13,046
(a)
Enfusion,
Inc
121
30,234
(a)
Envestnet,
Inc
1,751
27,283
(a)
EPAM
Systems,
Inc
7,534
21,053
(a)
Everbridge,
Inc
733
12,378
(a),(b)
EverCommerce,
Inc
117
27,561
(a),(b)
Expensify,
Inc
51
11,453
(a)
Fair
Isaac
Corp
14,312
58,075
(a)
Fastly,
Inc
753
37,675
(a)
Five9,
Inc
2,340
311,471
(a)
Fortinet,
Inc
21,277
80,143
(a)
Freshworks,
Inc
1,459
36,319
(a)
Gartner,
Inc
17,312
250,363
Gen
Digital,
Inc
5,608
43,093
(a)
Gitlab,
Inc
2,513
18,760
(a)
Globant
S.A.
3,788
68,647
(a)
GoDaddy,
Inc
8,147
15,258
(a)
Grid
Dynamics
Holdings,
Inc
188
39,348
(a)
Guidewire
Software,
Inc
4,592
17,956
Hackett
Group,
Inc
436
46,373
(a)
HashiCorp,
Inc
1,250
21,605
(a)
HubSpot,
Inc
13,537
5,474
(a)
IBEX
Holdings
Ltd
84
17,943
(a)
Informatica,
Inc
628
18,219
Information
Services
Group,
Inc
74
8,870
(a)
Instructure
Holdings,
Inc
190
7,324
(a)
Intapp,
Inc
251
13,365
(b)
InterDigital,
Inc
1,423
CREF
Equity
Index
Account
March
31,
2024
222
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
434,475
International
Business
Machines
Corp
$
82,967
130,275
Intuit,
Inc
84,679
29,050
(a)
Jamf
Holding
Corp
533
95,867
(a)
Kyndryl
Holdings,
Inc
2,086
35,615
(a)
LiveRamp
Holdings,
Inc
1,229
29,686
(a)
Manhattan
Associates,
Inc
7,428
102,816
(a)
Marathon
Digital
Holdings,
Inc
2,322
112,247
(a),(b)
Matterport,
Inc
254
11,893
(a)
MeridianLink,
Inc
222
3,547,433
Microsoft
Corp
1,492,476
7,052
(a),(b)
MicroStrategy,
Inc
(Class
A)
12,021
22,456
(a),(b)
Mitek
Systems,
Inc
317
14,483
(a)
Model
N,
Inc
412
31,781
(a)
MongoDB,
Inc
11,398
19,169
(a)
N-able,
Inc
251
25,933
(a),(b)
nCino
OpCo,
Inc
969
68,992
(a)
NCR
Corp
871
120,180
(a)
Nutanix,
Inc
7,418
67,719
(a)
Okta,
Inc
7,085
46,103
(a)
Olo,
Inc
253
4,837
ON24,
Inc
35
21,489
(a)
OneSpan,
Inc
250
733,065
Oracle
Corp
92,080
41,005
(a)
PagerDuty,
Inc
930
900,325
(a)
Palantir
Technologies,
Inc
20,716
144,905
(a)
Palo
Alto
Networks,
Inc
41,172
36,294
(a)
Paycor
HCM,
Inc
706
20,584
(a)
Paylocity
Holding
Corp
3,538
22,404
Pegasystems,
Inc
1,448
17,663
(a)
Perficient,
Inc
994
23,203
(a)
PowerSchool
Holdings,
Inc
494
39,107
(a)
Procore
Technologies,
Inc
3,213
23,997
Progress
Software
Corp
1,279
19,034
(a)
PROS
Holdings,
Inc
692
52,897
(a)
PTC,
Inc
9,994
29,530
(a)
Q2
Holdings,
Inc
1,552
18,605
(a)
Qualys,
Inc
3,105
31,056
(a)
Rapid7,
Inc
1,523
24,959
(a)
Rimini
Street,
Inc
81
44,149
(a)
RingCentral,
Inc
1,534
68,622
(a)
Riot
Platforms,
Inc
840
49,947
Roper
Industries,
Inc
28,012
445,780
Salesforce,
Inc
134,260
15,268
Sapiens
International
Corp
NV
491
15,611
(a)
SEMrush
Holdings,
Inc
207
113,808
(a)
SentinelOne,
Inc
2,653
96,682
(a)
ServiceNow,
Inc
73,710
66,115
(a)
Smartsheet,
Inc
2,545
150,198
(a)
Snowflake,
Inc
24,272
19,169
(a)
SolarWinds
Corp
242
69,720
(a),(b)
SoundHound
AI,
Inc
411
4,906
(a)
SoundThinking,
Inc
78
42,968
(a)
Sprinklr,
Inc
527
24,107
(a)
Sprout
Social,
Inc
1,439
19,690
(a)
SPS
Commerce,
Inc
3,641
16,060
(a)
Squarespace,
Inc
585
71,762
(a)
Synopsys,
Inc
41,012
49,510
(a)
Tenable
Holdings,
Inc
2,447
51,680
(a)
Teradata
Corp
1,998
71,297
(a),(b)
Terawulf,
Inc
188
22,872
(a)
Thoughtworks
Holding,
Inc
58
207,335
(a)
Trade
Desk,
Inc
18,125
223
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
6,516
(a),(b)
Tucows,
Inc
$
121
85,658
(a)
Twilio,
Inc
5,238
19,472
(a)
Tyler
Technologies,
Inc
8,276
192,445
(a)
UiPath,
Inc
4,363
38,674
(a)
Unisys
Corp
190
143,370
(a),(b)
Unity
Software,
Inc
3,828
56,469
(a)
Varonis
Systems,
Inc
2,664
35,164
(a)
Verint
Systems,
Inc
1,166
43,208
(a)
VeriSign,
Inc
8,188
6,012
(a)
Viant
Technology,
Inc
64
16,330
(a)
Weave
Communications,
Inc
187
94,731
(a)
Workday,
Inc
25,838
22,930
(a)
Workiva,
Inc
1,944
22,910
(a)
Xperi,
Inc
276
55,032
(a)
Yext,
Inc
332
55,743
(a)
Zeta
Global
Holdings
Corp
609
121,590
(a)
Zoom
Video
Communications,
Inc
7,948
41,021
(a)
Zscaler,
Inc
7,902
55,037
(a)
Zuora,
Inc
502
TOTAL
SOFTWARE
&
SERVICES
2,909,206
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
6.6%
6,963
(a),(b)
908
Devices,
Inc
53
35,649
ADTRAN
Holdings,
Inc
194
20,999
Advanced
Energy
Industries,
Inc
2,141
8,262
(a),(b)
Aeva
Technologies,
Inc
32
18,515
(a),(b)
Akoustis
Technologies,
Inc
11
272,612
Amphenol
Corp
(Class
A)
31,446
6,951,253
(b)
Apple,
Inc
1,192,001
120,718
(a)
Arista
Networks,
Inc
35,006
47,303
(a)
Arlo
Technologies,
Inc
598
25,833
(a)
Arrow
Electronics,
Inc
3,344
5,662
(a)
Aviat
Networks,
Inc
217
46,118
Avnet,
Inc
2,287
15,939
Badger
Meter,
Inc
2,579
5,150
Bel
Fuse,
Inc
(Class
B)
311
24,142
Belden
CDT,
Inc
2,236
19,531
Benchmark
Electronics,
Inc
586
28,887
(a)
Calix,
Inc
958
4,889
(a),(b)
Cambium
Networks
Corp
21
63,294
CDW
Corp
16,189
66,786
(a)
Ciena
Corp
3,303
1,933,885
Cisco
Systems,
Inc
96,520
8,964
(a),(b)
Clearfield,
Inc
276
2,062
Climb
Global
Solutions,
Inc
146
83,398
Cognex
Corp
3,538
59,436
(a)
Coherent
Corp
3,603
378,993
Corning,
Inc
12,492
8,680
(a)
Corsair
Gaming,
Inc
107
21,581
Crane
NXT
Co
1,336
17,421
CTS
Corp
815
19,434
(a)
Daktronics,
Inc
194
18,652
(a)
Digi
International,
Inc
596
9,167
(a),(b)
DZS,
Inc
12
24,605
(a)
Eastman
Kodak
Co
122
18,556
(a)
ePlus,
Inc
1,457
43,075
(a),(b)
Evolv
Technologies
Holdings,
Inc
192
62,313
(a)
Extreme
Networks,
Inc
719
25,536
(a)
F5
Networks,
Inc
4,841
16,219
(a)
Fabrinet
3,066
9,925
(a)
FARO
Technologies,
Inc
213
58,321
(a)
Harmonic,
Inc
784
CREF
Equity
Index
Account
March
31,
2024
224
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
639,437
Hewlett
Packard
Enterprise
Co
$
11,337
409,106
HP,
Inc
12,363
15,475
Immersion
Corp
116
103,799
(a),(b)
Infinera
Corp
626
14,981
(a)
Insight
Enterprises,
Inc
2,779
60,908
(a),(b)
IonQ,
Inc
608
14,955
(a)
IPG
Photonics
Corp
1,356
21,652
(a)
Iteris,
Inc
107
24,355
(a)
Itron,
Inc
2,253
59,421
Jabil
Inc
7,959
144,108
Juniper
Networks,
Inc
5,341
80,922
(a)
Keysight
Technologies,
Inc
12,655
21,162
(a)
Kimball
Electronics,
Inc
458
28,141
(a)
Knowles
Corp
453
9,450
(a)
KVH
Industries,
Inc
48
57,291
(a),(b)
Lightwave
Logic,
Inc
268
13,151
Littelfuse,
Inc
3,187
36,595
(a)
Lumentum
Holdings,
Inc
1,733
16,008
(a),(b)
Luna
Innovations,
Inc
51
20,833
Methode
Electronics,
Inc
254
86,400
(a),(b)
MicroVision,
Inc
159
70,213
(a)
Mirion
Technologies,
Inc
798
77,796
Motorola
Solutions,
Inc
27,616
15,874
Napco
Security
Technologies,
Inc
637
98,249
NetApp,
Inc
10,313
16,454
(a)
Netgear,
Inc
259
43,446
(a)
Netscout
Systems,
Inc
949
20,535
(a)
nLight,
Inc
267
18,332
(a)
Novanta,
Inc
3,204
9,244
(a)
OSI
Systems,
Inc
1,320
12,941
(a),(b)
PAR
Technology
Corp
587
8,216
PC
Connection,
Inc
542
17,083
(a)
Plexus
Corp
1,620
128,500
(a)
Pure
Storage,
Inc
6,681
37,508
(a)
Ribbon
Communications,
Inc
120
5,943
Richardson
Electronics
Ltd
55
8,376
(a)
Rogers
Corp
994
28,498
(a)
Sanmina
Corp
1,772
17,777
(a)
Scansource,
Inc
783
61,017
(a)
SmartRent,
Inc
164
23,312
(a)
Super
Micro
Computer,
Inc
23,546
25,618
TD
SYNNEX
Corp
2,897
21,133
(a)
Teledyne
Technologies,
Inc
9,073
116,227
(a)
Trimble
Inc
7,480
51,948
(a)
TTM
Technologies,
Inc
813
8,166
(a)
Turtle
Beach
Corp
141
1,436
(b)
Ubiquiti,
Inc
166
59,678
(a)
Viasat,
Inc
1,080
89,946
(a)
Viavi
Solutions,
Inc
818
52,971
Vishay
Intertechnology,
Inc
1,201
9,508
(a)
Vishay
Precision
Group,
Inc
336
71,903
Vontier
Corp
3,262
155,579
(a)
Western
Digital
Corp
10,617
58,625
Xerox
Holdings
Corp
1,049
26,184
(a)
Zebra
Technologies
Corp
(Class
A)
7,893
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
1,617,706
TELECOMMUNICATION
SERVICES
-
0.8%
7,472
(a)
Anterix,
Inc
251
30,214
(a),(b)
AST
SpaceMobile,
Inc
88
3,437,254
AT&T,
Inc
60,496
7,918
ATN
International,
Inc
249
225
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
12,460
(a)
Bandwidth,
Inc
$
227
15,982
Cogent
Communications
Group,
Inc
1,044
48,355
(a),(b)
Consolidated
Communications
Holdings,
Inc
209
70,447
(a)
EchoStar
Corp
(Class
A)
1,004
126,319
(a)
Frontier
Communications
Parent,
Inc
3,095
52,848
(a),(c)
GCI
Liberty,
Inc
0
^
331,269
(a),(b)
Globalstar,
Inc
487
13,459
(a)
Gogo,
Inc
118
11,096
IDT
Corp
420
60,764
Iridium
Communications,
Inc
1,590
29,453
(a)
Liberty
Latin
America
Ltd
(Class
A)
205
84,348
(a)
Liberty
Latin
America
Ltd
(Class
C)
590
13,047
(a)
Ooma,
Inc
111
26,373
(b)
Shenandoah
Telecom
Co
458
8,527
Spok
Holdings,
Inc
136
55,138
Telephone
and
Data
Systems,
Inc
883
229,712
T-Mobile
US,
Inc
37,494
2,017,761
Verizon
Communications,
Inc
84,665
TOTAL
TELECOMMUNICATION
SERVICES
193,820
TRANSPORTATION
-
1.7%
37,928
(a)
Air
Transport
Services
Group,
Inc
522
60,779
(a)
Alaska
Air
Group,
Inc
2,613
8,270
Allegiant
Travel
Co
622
4,307
(a),(b)
Amerco,
Inc
291
308,882
(a)
American
Airlines
Group,
Inc
4,741
8,772
ArcBest
Corp
1,250
8,746
(b)
Avis
Budget
Group,
Inc
1,071
28,768
(a),(b)
Blade
Air
Mobility,
Inc
82
56,673
CH
Robinson
Worldwide,
Inc
4,315
23,634
Costamare,
Inc
268
8,672
Covenant
Logistics
Group,
Inc
402
934,562
CSX
Corp
34,644
14,173
(a)
Daseke,
Inc
118
299,318
Delta
Air
Lines,
Inc
14,328
4,116
(a),(b)
Eagle
Bulk
Shipping,
Inc
257
69,012
Expeditors
International
Washington,
Inc
8,390
110,406
FedEx
Corp
31,989
14,836
Forward
Air
Corp
461
18,987
(a),(b)
Frontier
Group
Holdings,
Inc
154
49,956
FTAI
Infrastructure,
Inc
314
17,525
Genco
Shipping
&
Trading
Ltd
356
62,934
Golden
Ocean
Group
Ltd
816
58,331
(a)
GXO
Logistics,
Inc
3,136
27,588
(a)
Hawaiian
Holdings,
Inc
368
26,012
Heartland
Express,
Inc
311
47,325
(a),(b)
Hertz
Global
Holdings,
Inc
371
18,600
Hub
Group,
Inc
(Class
A)
804
40,450
JB
Hunt
Transport
Services,
Inc
8,060
124,072
(a)
JetBlue
Airways
Corp
921
128,773
(a),(b)
Joby
Aviation,
Inc
690
25,265
(a)
Kirby
Corp
2,408
79,606
Knight-Swift
Transportation
Holdings,
Inc
4,380
17,753
Landstar
System,
Inc
3,422
154,071
(a)
Lyft,
Inc
(Class
A)
2,981
34,852
Marten
Transport
Ltd
644
17,593
Matson,
Inc
1,977
110,296
Norfolk
Southern
Corp
28,111
95,028
Old
Dominion
Freight
Line
20,841
18,024
Pangaea
Logistics
Solutions
Ltd
126
29,335
(a)
Radiant
Logistics,
Inc
159
52,508
(a)
RXO,
Inc
1,148
CREF
Equity
Index
Account
March
31,
2024
226
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
16,381
Ryder
System,
Inc
$
1,969
33,371
(b)
Safe
Bulkers,
Inc
165
12,372
(a)
Saia,
Inc
7,238
22,723
Schneider
National,
Inc
514
14,929
(a)
Skywest,
Inc
1,031
299,691
Southwest
Airlines
Co
8,748
9,455
(a)
Sun
Country
Airlines
Holdings,
Inc
143
940,074
(a)
Uber
Technologies,
Inc
72,376
38,763
U-Haul
Holding
Co
2,585
289,517
Union
Pacific
Corp
71,201
150,341
(a)
United
Airlines
Holdings,
Inc
7,198
348,451
United
Parcel
Service,
Inc
(Class
B)
51,790
6,297
Universal
Truckload
Services,
Inc
232
36,247
Werner
Enterprises,
Inc
1,418
52,508
(a)
XPO,
Inc
6,408
TOTAL
TRANSPORTATION
421,878
UTILITIES
-
2.1%
297,148
AES
Corp
5,328
29,387
Allete,
Inc
1,753
116,456
Alliant
Energy
Corp
5,869
21,469
(a),(b)
Altus
Power,
Inc
103
128,677
Ameren
Corp
9,517
257,385
American
Electric
Power
Co,
Inc
22,161
20,132
American
States
Water
Co
1,454
97,164
American
Water
Works
Co,
Inc
11,874
4,909
Artesian
Resources
Corp
182
69,829
Atmos
Energy
Corp
8,301
33,490
(b)
Avangrid,
Inc
1,220
33,562
Avista
Corp
1,175
34,402
Black
Hills
Corp
1,878
44,578
Brookfield
Infrastructure
Corp
1,607
72,027
(b)
Brookfield
Renewable
Corp
1,770
27,522
California
Water
Service
Group
1,279
307,461
Centerpoint
Energy,
Inc
8,760
9,405
Chesapeake
Utilities
Corp
1,009
10,556
Clearway
Energy,
Inc
(Class
A)
227
20,458
Clearway
Energy,
Inc
(Class
C)
472
148,205
CMS
Energy
Corp
8,943
165,615
Consolidated
Edison,
Inc
15,040
7,347
Consolidated
Water
Co,
Inc
215
152,189
Constellation
Energy
Corp
28,132
402,639
Dominion
Energy,
Inc
19,806
102,627
DTE
Energy
Co
11,509
368,774
Duke
Energy
Corp
35,664
186,837
Edison
International
13,215
99,676
Entergy
Corp
10,534
120,927
Essential
Utilities,
Inc
4,480
98,754
Evergy,
Inc
5,271
167,619
Eversource
Energy
10,019
480,277
Exelon
Corp
18,044
263,997
FirstEnergy
Corp
10,196
9,688
Genie
Energy
Ltd
146
6,410
Global
Water
Resources,
Inc
82
23,041
Idacorp,
Inc
2,140
14,433
MGE
Energy,
Inc
1,136
11,759
Middlesex
Water
Co
617
33,009
(a)
Montauk
Renewables,
Inc
137
31,391
National
Fuel
Gas
Co
1,686
38,348
New
Jersey
Resources
Corp
1,646
977,815
NextEra
Energy,
Inc
62,492
209,437
NiSource,
Inc
5,793
227
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
14,483
Northwest
Natural
Holding
Co
$
539
27,636
NorthWestern
Corp
1,408
101,910
NRG
Energy,
Inc
6,898
96,380
OGE
Energy
Corp
3,306
27,567
ONE
Gas,
Inc
1,779
24,734
Ormat
Technologies,
Inc
1,637
16,819
Otter
Tail
Corp
1,453
982,053
(e)
PG&E
Corp
16,459
55,268
Pinnacle
West
Capital
Corp
4,130
29,406
PNM
Resources,
Inc
1,107
40,332
Portland
General
Electric
Co
1,694
332,474
PPL
Corp
9,153
236,684
Public
Service
Enterprise
Group,
Inc
15,806
11,616
(a)
Pure
Cycle
Corp
110
300,422
Sempra
Energy
21,579
12,005
SJW
Corp
679
518,807
Southern
Co
37,219
21,163
Southwest
Gas
Holdings
Inc
1,611
21,354
Spire,
Inc
1,311
46,961
(a),(b)
Sunnova
Energy
International,
Inc
288
100,921
UGI
Corp
2,477
10,272
Unitil
Corp
538
170,465
Vistra
Corp
11,873
151,716
WEC
Energy
Group,
Inc
12,459
273,699
Xcel
Energy,
Inc
14,711
9,006
York
Water
Co
327
TOTAL
UTILITIES
523,433
TOTAL
COMMON
STOCKS
24,196,676
(Cost
$7,435,088)
EXPIRATION
DATE
RIGHTS/WARRANTS
-
0.0%
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.0%
7,208
(c)
AstraZeneca
plc
02/20/29
2
7,917
(c)
Chinook
Therapeutics,
Inc
1
6,981
(c)
Tobira
Therapeutics,
Inc
0
^
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
3
TOTAL
RIGHTS/WARRANTS
3
(Cost
$2)
TOTAL
LONG-TERM
INVESTMENTS
24,196,679‌
(Cost
$7,435,090)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.5%
GOVERNMENT
AGENCY
DEBT
-
0.1%
$
13,903,000
Federal
Farm
Credit
Discount
Notes
0
.000
%
04/03/24
13,891
TOTAL
GOVERNMENT
AGENCY
DEBT
13,891
REPURCHASE
AGREEMENT
-
0.3%
82,530,000
(f)
Fixed
Income
Clearing
Corp
(FICC)
5
.320
04/01/24
82,530
TOTAL
REPURCHASE
AGREEMENT
82,530
TREASURY
DEBT
-
0.1%
5,000,000
United
States
Treasury
Bill
0
.000
04/09/24
4,994
CREF
Equity
Index
Account
March
31,
2024
228
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Cost
amounts
are
in
thousands.
PRINCIPAL
DESCRIPTION
RATE
MATURITY
DATE
VALUE
(000)
$
5,000,000
United
States
Treasury
Bill
0
.000
%
04/16/24
$
4,989
20,000,000
United
States
Treasury
Bill
0
.000
05/09/24
19,889
TOTAL
TREASURY
DEBT
29,872
TOTAL
SHORT-TERM
INVESTMENTS
126,293
(Cost
$126,301)
SHARES
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.4%
91,143,631
(g)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5
.340
(h)
91,144
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
91,144
(Cost
$91,144)
TOTAL
INVESTMENTS
-
100.3%
24,414,116
(Cost
$7,652,535)
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.3)%
(
82,485
)
NET
ASSETS
-
100.0%
$24,331,631
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
$139,029,648.
(c)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(d)
All
or
a
portion
of
these
securities
have
been
segregated
to
cover
margin
requirements
on
open
futures
contracts.
(e)
In
bankruptcy
(f)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.320%
dated
3/28/24
to
be
repurchased
at
$82,578,784
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
1.500%
and
maturity
date
8/15/26,
valued
at
$84,180,628.
(g)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(h)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
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
469‌
06/21/24
 $
123,153‌
$
124,484‌
$
1,332‌
Portfolio
of
Investments
CREF
Core
Bond
Account
March
31,
2024
229
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
97.3%
BANK
LOAN
OBLIGATIONS
-
0.4%
AUTOMOBILES
&
COMPONENTS
-
0.0%
$
380,435
(a)
Adient
US
LLC
SOFR
12
M
+
2.750%
8
.077
%
01/31/31
$
382
TOTAL
AUTOMOBILES
&
COMPONENTS
382
CAPITAL
GOODS
-
0.1%
461,201
(a)
AECOM
SOFR
12
M
+
1.750%
7
.192
04/13/28
462
1,054,723
(a)
Alliance
Laundry
Systems
LLC
SOFR
4
M
+
3.500%
8
.927
10/08/27
1,059
173,622
(a)
Avolon
TLB
Borrower  US
LLC
SOFR
12
M
+
2.000%
7
.329
06/22/28
174
577,656
(a)
Beacon
Roofing
Supply,
Inc
SOFR
12
M
+
2.000%
7
.330
05/19/28
579
345,074
(a)
Cornerstone
Building
Brands,
Inc
SOFR
12
M
+
3.250%
8
.675
04/12/28
344
1,324,941
(a)
Gates
Global
LLC
SOFR
12
M
+
2.500%
7
.930
03/31/27
1,329
184,557
(a)
Oregon
Tool
Holdings,
Inc
SOFR
4
M
+
4.000%
9
.564
10/13/28
167
969,117
(a)
TransDigm,
Inc
SOFR
3
M
+
3.250%
3
.250
02/22/27
972
900,527
(a)
TransDigm,
Inc
SOFR
3
M
+
3.250%
8
.598
08/24/28
905
TOTAL
CAPITAL
GOODS
5,991
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.1%
652,799
(a)
GFL
Environmental,
Inc
SOFR
4
M
+
2.500%
7
.816
05/31/27
656
1,260,755
(a)
TK
Elevator
US
Newco,
Inc
SOFR
2
M
+
3.500%
9
.081
07/30/27
1,266
2,122,253
(a)
Trans
Union
LLC
SOFR
12
M
+
2.000%
7
.327
12/01/28
2,124
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
4,046
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.0%
692,137
(a)
CNT
Holdings
I
Corp
SOFR
4
M
+
3.500%
8
.817
11/08/27
694
531,872
(a),(b)
LS
Group
OpCo
Acquisition
LLC
SOFR
12
M
+
3.250%
8
.684
11/02/27
533
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
1,227
CONSUMER
DURABLES
&
APPAREL
-
0.0%
167,329
(a)
Samsonite
IP
Holdings
Sarl
SOFR
12
M
+
2.750%
8
.080
06/21/30
168
420,522
(a)
Weber-Stephen
Products
LLC
SOFR
12
M
+
3.250%
8
.692
10/30/27
391
TOTAL
CONSUMER
DURABLES
&
APPAREL
559
CONSUMER
SERVICES
-
0.1%
430,284
(a)
1011778
BC
ULC
SOFR
12
M
+
2.250%
7
.580
09/20/30
431
852,758
(a)
Carnival
Corp
SOFR
12
M
+
3.250%
3
.250
10/18/28
855
1,995,000
(a)
Flutter
Financing
BV
SOFR
4
M
+
2.250%
7
.659
11/25/30
1,999
354,974
(a)
IRB
Holding
Corp
SOFR
12
M
+
2.750%
8
.177
12/15/27
356
932,446
(a)
KFC
Holding
Co
SOFR
12
M
+
1.750%
7
.191
03/15/28
933
584,939
(a)
Spin
Holdco,
Inc
SOFR
4
M
+
4.000%
9
.585
03/04/28
543
TOTAL
CONSUMER
SERVICES
5,117
ENERGY
-
0.0%
918,854
(a)
Buckeye
Partners
LP
SOFR
12
M
+
2.000%
7
.330
11/01/26
922
128,567
(a)
DT
Midstream,
Inc
SOFR
12
M
+
2.000%
7
.442
06/26/28
129
TOTAL
ENERGY
1,051
FINANCIAL
SERVICES
-
0.0%
216,563
(a)
Avolon
TLB
Borrower
US
LLC
SOFR
12
M
+
1.500%
6
.929
02/12/27
217
1,401,453
(a)
NFP
Corp
SOFR
12
M
+
3.250%
8
.695
02/16/27
1,405
TOTAL
FINANCIAL
SERVICES
1,622
FOOD,
BEVERAGE
&
TOBACCO
-
0.0%
240,402
(a)
Arterra
Wines
Canada,
Inc
SOFR
4
M
+
3.500%
9
.071
11/24/27
224
422,832
(a)
Chobani
LLC
SOFR
12
M
+
3.500%
8
.945
10/25/27
424
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
648
CREF
Core
Bond
Account
March
31,
2024
230
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.0%
$
690,030
(a)
DaVita,
Inc
SOFR
12
M
+
1.750%
7
.192
%
08/12/26
$
691
520,832
(a)
Mozart
Borrower
LP
SOFR
1
M
+
3.000%
2
.750
10/23/28
522
2,040,303
(a)
Select
Medical
Corp
SOFR
12
M
+
3.000%
8
.330
03/06/27
2,046
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
3,259
MATERIALS
-
0.0%
1,233,015
(a)
Asplundh
Tree
Expert
LLC
SOFR
12
M
+
1.750%
7
.180
09/07/27
1,235
435,408
(a)
Avient
Corp
SOFR
4
M
+
2.500%
7
.826
08/29/29
436
367,528
(a)
Berry
Global,
Inc
SOFR
12
M
+
1.750%
7
.182
07/01/26
369
715,873
(a)
Reynolds
Group
Holdings,
Inc
SOFR
12
M
+
3.250%
8
.695
02/05/26
719
TOTAL
MATERIALS
2,759
MEDIA
&
ENTERTAINMENT
-
0.0%
1,398,098
(a)
Charter
Communications
Operating
LLC
SOFR
1
Month
+
1.750%
7
.076
02/01/27
1,399
507,183
(a)
CSC
Holdings
LLC
LIBOR
12
M
+
2.500%
7
.940
04/15/27
460
49,574
(a)
Diamond
Sports
Group
LLC
SOFR
4
M
-
1.000%
4
.476
05/25/26
48
383,798
(a)
DIRECTV
Financing
LLC
SOFR
12
M
+
5.000%
10
.445
08/02/27
384
608,771
(a)
Lions
Gate
Capital
Holdings
LLC
SOFR
12
M
+
2.250%
7
.680
03/24/25
609
8,832
(a)
Radiate
Holdco
LLC
SOFR
12
M
+
3.250%
8
.695
09/25/26
7
TOTAL
MEDIA
&
ENTERTAINMENT
2,907
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.0%
257,485
(a)
Avantor,
Inc
SOFR
12
M
+
2.250%
7
.680
11/08/27
258
141,300
(a)
Grifols
Worldwide
Operations
USA,
Inc
SOFR
4
M
+
2.000%
7
.459
11/15/27
137
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
395
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.0%
37,697
(a)
Cushman
&
Wakefield
plc
SOFR
12
M
+
2.750%
8
.195
08/21/25
38
516,477
(a)
Cushman
&
Wakefield
US
Borrower
LLC
SOFR
12
M
+
3.250%
8
.680
01/31/30
515
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
553
SOFTWARE
&
SERVICES
-
0.1%
811,615
(a)
Camelot
US
Acquisition
LLC
SOFR
12
M
+
2.750%
8
.077
01/31/31
812
1,281,063
(a)
NortonLifeLock,
Inc
SOFR
12
M
+
2.000%
7
.427
09/12/29
1,282
405,992
(a)
Rackspace
Finance
LLC
SOFR
12
M
+
2.750%
8
.184
02/15/28
201
36,246
(a)
Rackspace
Finance
LLC
SOFR
4
M
+
6.250%
11
.683
05/15/28
37
699,101
(a)
Rocket
Software,
Inc
SOFR
12
M
+
4.750%
10
.080
11/28/28
695
1,502,129
(a)
Sophia
LP
LIBOR
1
M
+
3.750%
8
.230
10/07/27
1,510
888,797
(a)
UKG,
Inc
SOFR
4
M
+
3.500%
8
.814
02/10/31
895
TOTAL
SOFTWARE
&
SERVICES
5,432
TELECOMMUNICATION
SERVICES
-
0.0%
299,913
(a)
Cablevision
Lightpath
LLC
SOFR
12
M
+
3.250%
8
.690
11/30/27
297
1,642,000
(a)
Virgin
Media
Bristol
LLC
SOFR
12
M
+
2.500%
7
.940
01/31/28
1,620
TOTAL
TELECOMMUNICATION
SERVICES
1,917
TRANSPORTATION
-
0.0%
205,000
(a)
Air
Canada
SOFR
4
M
+
2.500%
7
.833
03/14/31
206
445,500
(a)
SkyMiles
IP
Ltd
SOFR
4
M
+
3.750%
9
.068
10/20/27
460
TOTAL
TRANSPORTATION
666
TOTAL
BANK
LOAN
OBLIGATIONS
38,531
(Cost
$38,497)
CORPORATE
BONDS
-
31.9%
AUTOMOBILES
&
COMPONENTS
-
0.8%
EUR
425,000
American
Honda
Finance
Corp
1
.950
10/18/24
454
EUR
300,000
Aptiv
plc
1
.500
03/10/25
316
231
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
EUR
500,000
(c)
Dana
Financing
Luxembourg
Sarl
3
.000
%
07/15/29
$
485
$
225,000
(d)
Dana,
Inc
5
.375
11/15/27
220
350,000
(d)
Dana,
Inc
5
.625
06/15/28
341
8,080,000
Ford
Motor
Credit
Co
LLC
6
.950
03/06/26
8,234
EUR
300,000
Ford
Motor
Credit
Co
LLC
5
.125
02/20/29
339
4,525,000
Ford
Motor
Credit
Co
LLC
7
.350
03/06/30
4,824
GBP
200,000
General
Motors
Financial
Co,
Inc
2
.250
09/06/24
249
20,000,000
General
Motors
Financial
Co,
Inc
2
.750
06/20/25
19,327
19,850,000
General
Motors
Financial
Co,
Inc
5
.000
04/09/27
19,702
EUR
500,000
General
Motors
Financial
Co,
Inc
0
.600
05/20/27
493
EUR
300,000
General
Motors
Financial
Co,
Inc
4
.300
02/15/29
333
6,250,000
General
Motors
Financial
Co,
Inc
5
.850
04/06/30
6,375
2,550,000
General
Motors
Financial
Co,
Inc
5
.750
02/08/31
2,578
12,000,000
General
Motors
Financial
Co,
Inc
2
.700
06/10/31
10,003
5,450,000
General
Motors
Financial
Co,
Inc
5
.700
N/A(e)
5,226
EUR
205,000
(c)
Goodyear
Europe
BV
2
.750
08/15/28
199
3,575,000
(c)
Hyundai
Capital
Services,
Inc
2
.125
04/24/25
3,445
EUR
400,000
(c),(f)
IHO
Verwaltungs
GmbH
3
.750
09/15/26
425
200,000
(c)
Kia
Corp
2
.750
02/14/27
186
4,450,000
Magna
International,
Inc
3
.625
06/15/24
4,428
EUR
300,000
Volkswagen
Bank
GmbH
2
.500
07/31/26
314
150,000
(c)
ZF
North
America
Capital,
Inc
6
.875
04/14/28
156
TOTAL
AUTOMOBILES
&
COMPONENTS
88,652
BANKS
-
6.7%
2,000,000
(c)
Akbank
T.A.S.
6
.800
06/22/31
1,957
1,775,000
(c)
Banco
de
Credito
del
Peru
3
.125
07/01/30
1,700
1,500,000
(c)
Banco
de
Credito
e
Inversiones
S.A.
2
.875
10/14/31
1,280
700,000
(c)
Banco
de
Credito
e
Inversiones
S.A.
8
.750
N/A(e)
722
3,000,000
(c)
Banco
del
Estado
de
Chile
2
.704
01/09/25
2,921
3,000,000
(c)
Banco
Nacional
de
Panama
2
.500
08/11/30
2,348
EUR
400,000
Banco
Santander
S.A.
0
.200
02/11/28
381
GBP
400,000
Banco
Santander
S.A.
4
.750
08/30/28
498
2,650,000
Bancolombia
S.A.
4
.625
12/18/29
2,583
3,010,000
(c)
Bangkok
Bank
PCL
3
.466
09/23/36
2,538
1,750,000
(c)
Banistmo
S.A.
4
.250
07/31/27
1,629
8,100,000
(c)
Bank
Hapoalim
BM
3
.255
01/21/32
7,258
6,300,000
(c)
Bank
Leumi
Le-Israel
BM
3
.275
01/29/31
5,828
EUR
400,000
Bank
of
America
Corp
1
.375
03/26/25
422
EUR
300,000
Bank
of
America
Corp
1
.776
05/04/27
311
11,500,000
Bank
of
America
Corp
5
.202
04/25/29
11,511
8,500,000
Bank
of
America
Corp
5
.819
09/15/29
8,715
55,925,000
Bank
of
America
Corp
2
.592
04/29/31
48,216
39,000,000
Bank
of
America
Corp
5
.288
04/25/34
38,881
39,150,000
Bank
of
America
Corp
5
.468
01/23/35
39,405
26,750,000
Bank
of
America
Corp
2
.676
06/19/41
19,033
3,000,000
Bank
of
America
Corp
6
.100
N/A(e)
3,008
5,000,000
Bank
of
America
Corp
6
.250
N/A(e)
5,006
2,975,000
Bank
of
Montreal
3
.803
12/15/32
2,775
GBP
300,000
Banque
Federative
du
Credit
Mutuel
S.A.
4
.875
09/25/25
377
9,475,000
Barclays
plc
3
.932
05/07/25
9,456
EUR
500,000
Barclays
plc
4
.918
08/08/30
563
6,075,000
Barclays
plc
3
.330
11/24/42
4,455
300,000
(c)
BBVA
Bancomer
S.A.
5
.350
11/12/29
297
1,500,000
(c)
BBVA
Bancomer
S.A.
5
.125
01/18/33
1,394
1,400,000
(c)
BBVA
Bancomer
S.A.
8
.450
06/29/38
1,478
5,600,000
(c)
BNP
Paribas
S.A.
1
.904
09/30/28
4,982
EUR
500,000
BNP
Paribas
S.A.
3
.875
02/23/29
548
5,000,000
(c)
BNP
Paribas
S.A.
2
.159
09/15/29
4,369
2,775,000
(c)
BNP
Paribas
S.A.
2
.588
08/12/35
2,275
449,000
(c)
BPCE
S.A.
4
.625
07/11/24
447
EUR
300,000
BPCE
S.A.
0
.500
09/15/27
299
CREF
Core
Bond
Account
March
31,
2024
232
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
EUR
500,000
BPCE
S.A.
4
.625
%
03/02/30
$
560
$
36,375,000
Citigroup,
Inc
3
.200
10/21/26
34,642
11,970,000
Citigroup,
Inc
4
.125
07/25/28
11,474
7,125,000
Citigroup,
Inc
2
.572
06/03/31
6,088
39,225,000
Citigroup,
Inc
6
.270
11/17/33
41,428
6,750,000
Citigroup,
Inc
7
.625
N/A(e)
7,087
5,000,000
Citigroup,
Inc
5
.000
N/A(e)
4,969
8,425,000
Cooperatieve
Rabobank
UA
3
.750
07/21/26
8,095
GBP
600,000
Danske
Bank
A.S.
2
.250
01/14/28
697
7,350,000
Deutsche
Bank
AG.
5
.371
09/09/27
7,388
5,575,000
Deutsche
Bank
AG.
2
.311
11/16/27
5,097
4,325,000
Deutsche
Bank
AG.
6
.819
11/20/29
4,521
2,975,000
(c)
Development
Bank
of
Kazakhstan
JSC
2
.950
05/06/31
2,463
3,325,000
(c)
Grupo
Aval
Ltd
4
.375
02/04/30
2,805
2,880,000
(c)
Hana
Bank
3
.500
N/A(e)
2,696
9,925,000
HSBC
Holdings
plc
4
.292
09/12/26
9,743
6,200,000
HSBC
Holdings
plc
2
.013
09/22/28
5,543
12,400,000
HSBC
Holdings
plc
7
.390
11/03/28
13,192
11,925,000
HSBC
Holdings
plc
2
.206
08/17/29
10,451
3,750,000
HSBC
Holdings
plc
3
.973
05/22/30
3,505
7,000,000
Huntington
Bancshares,
Inc
5
.625
N/A(e)
6,367
UGX
2,000,000,000
(c),(g)
ICBC
Standard
Bank
plc
14
.250
06/26/34
450
EUR
500,000
ING
Groep
NV
1
.250
02/16/27
514
2,125,000
(c)
Intercorp
Financial
Services,
Inc
4
.125
10/19/27
1,992
200,000
(c)
Intesa
Sanpaolo
S.p.A
4
.198
06/01/32
167
31,125,000
JPMorgan
Chase
&
Co
2
.301
10/15/25
30,577
14,600,000
JPMorgan
Chase
&
Co
3
.200
06/15/26
14,049
8,325,000
JPMorgan
Chase
&
Co
4
.323
04/26/28
8,133
EUR
600,000
JPMorgan
Chase
&
Co
1
.638
05/18/28
611
10,500,000
JPMorgan
Chase
&
Co
3
.702
05/06/30
9,837
2,150,000
JPMorgan
Chase
&
Co
1
.953
02/04/32
1,752
19,775,000
JPMorgan
Chase
&
Co
4
.912
07/25/33
19,363
24,425,000
JPMorgan
Chase
&
Co
5
.350
06/01/34
24,519
3,200,000
JPMorgan
Chase
&
Co
6
.254
10/23/34
3,419
2,625,000
JPMorgan
Chase
&
Co
2
.525
11/19/41
1,832
10,750,000
JPMorgan
Chase
&
Co
3
.157
04/22/42
8,179
9,375,000
JPMorgan
Chase
&
Co
6
.875
N/A(e)
9,701
6,250,000
JPMorgan
Chase
&
Co
3
.650
N/A(e)
5,936
5,500,000
JPMorgan
Chase
&
Co
5
.000
N/A(e)
5,482
11,100,000
JPMorgan
Chase
&
Co
6
.100
N/A(e)
11,104
5,950,000
M&T
Bank
Corp
3
.500
N/A(e)
4,564
3,675,000
(c)
Mizrahi
Tefahot
Bank
Ltd
3
.077
04/07/31
3,358
9,225,000
(c)
NBK
SPC
Ltd
1
.625
09/15/27
8,399
2,100,000
(c)
Oversea-Chinese
Banking
Corp
Ltd
1
.832
09/10/30
1,985
6,000,000
PNC
Financial
Services
Group,
Inc
3
.900
04/29/24
5,992
7,465,000
PNC
Financial
Services
Group,
Inc
3
.400
N/A(e)
6,525
CNY
8,000,000
QNB
Finance
Ltd
3
.150
02/04/26
1,103
7,800,000
Sumitomo
Mitsui
Financial
Group,
Inc
1
.474
07/08/25
7,425
11,700,000
Toronto-Dominion
Bank
4
.285
09/13/24
11,631
2,350,000
Toronto-Dominion
Bank
3
.625
09/15/31
2,248
2,400,000
Truist
Financial
Corp
4
.000
05/01/25
2,361
5,000,000
Truist
Financial
Corp
4
.950
N/A(e)
4,905
9,000,000
Truist
Financial
Corp
4
.800
N/A(e)
8,711
2,350,000
(c)
United
Overseas
Bank
Ltd
3
.750
04/15/29
2,348
3,500,000
(c)
United
Overseas
Bank
Ltd
2
.000
10/14/31
3,204
5,300,000
Wells
Fargo
&
Co
3
.550
09/29/25
5,168
16,375,000
Wells
Fargo
&
Co
2
.393
06/02/28
14,988
9,600,000
Wells
Fargo
&
Co
6
.303
10/23/29
9,999
8,500,000
(d)
Wells
Fargo
&
Co
5
.875
N/A(e)
8,481
5,775,000
(d)
Wells
Fargo
&
Co
7
.625
N/A(e)
6,172
6,000,000
Wells
Fargo
&
Co
5
.900
N/A(e)
5,975
233
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
10,000,000
Wells
Fargo
&
Co
3
.900
%
N/A(e)
$
9,514
TOTAL
BANKS
721,350
CAPITAL
GOODS
-
1.0%
3,250,000
Air
Lease
Corp
3
.125
12/01/30
2,853
EUR
1,000,000
(c)
Albion
Financing
1
SARL
5
.250
10/15/26
1,085
25,400,000
Boeing
Co
2
.196
02/04/26
23,780
5,350,000
Boeing
Co
3
.250
02/01/28
4,922
7,600,000
Boeing
Co
2
.950
02/01/30
6,564
3,352,000
Boeing
Co
3
.250
02/01/35
2,638
3,350,000
Boeing
Co
5
.705
05/01/40
3,206
8,425,000
Boeing
Co
5
.805
05/01/50
7,971
EUR
200,000
Carrier
Global
Corp
4
.375
05/29/25
217
EUR
400,000
Carrier
Global
Corp
4
.125
05/29/28
441
EUR
300,000
Carrier
Global
Corp
4
.500
11/29/32
343
1,600,000
(c)
Cemex
SAB
de
C.V.
5
.125
N/A(e)
1,546
1,300,000
(c)
Embraer
Netherlands
Finance
BV
7
.000
07/28/30
1,361
EUR
500,000
(c)
Emerald
Debt
Merger
Sub
LLC
6
.375
12/15/30
566
3,075,000
(c)
H&E
Equipment
Services,
Inc
3
.875
12/15/28
2,815
EUR
500,000
Honeywell
International,
Inc
3
.750
03/01/36
544
11,500,000
Honeywell
International,
Inc
5
.250
03/01/54
11,604
8,000,000
L3Harris
Technologies,
Inc
5
.400
07/31/33
8,050
3,550,000
Lockheed
Martin
Corp
5
.200
02/15/64
3,510
7,275,000
Northrop
Grumman
Corp
3
.250
01/15/28
6,874
EUR
500,000
Raytheon
Technologies
Corp
2
.150
05/18/30
495
5,575,000
Raytheon
Technologies
Corp
2
.250
07/01/30
4,760
1,925,000
(c)
Sociedad
Quimica
y
Minera
de
Chile
S.A.
6
.500
11/07/33
2,015
3,000,000
(c)
Sociedad
Quimica
y
Minera
de
Chile
S.A.
3
.500
09/10/51
2,052
5,425,000
Trane
Technologies
Luxembourg
Finance
S.A.
3
.800
03/21/29
5,162
2,175,000
Tyco
Electronics
Group
S.A.
3
.700
02/15/26
2,120
300,000
(c)
WESCO
Distribution,
Inc
7
.250
06/15/28
306
TOTAL
CAPITAL
GOODS
107,800
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.1%
325,000
(c)
ASGN,
Inc
4
.625
05/15/28
306
250,000
(c)
GFL
Environmental,
Inc
4
.250
06/01/25
246
1,000,000
(c)
GFL
Environmental,
Inc
3
.750
08/01/25
974
313,000
(c)
Prime
Security
Services
Borrower
LLC
5
.250
04/15/24
312
2,000,000
(c)
Prime
Security
Services
Borrower
LLC
5
.750
04/15/26
1,994
1,325,000
(c)
Prime
Security
Services
Borrower
LLC
3
.375
08/31/27
1,217
725,000
(c)
Prime
Security
Services
Borrower
LLC
6
.250
01/15/28
710
3,771,000
Republic
Services,
Inc
2
.900
07/01/26
3,613
2,525,000
Waste
Management,
Inc
2
.500
11/15/50
1,575
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
10,947
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.4%
5,575,000
AutoZone,
Inc
1
.650
01/15/31
4,493
925,000
(c)
Bath
&
Body
Works,
Inc
6
.625
10/01/30
945
550,000
(c)
Group
1
Automotive,
Inc
4
.000
08/15/28
507
875,000
(c)
Lithia
Motors,
Inc
4
.625
12/15/27
840
8,850,000
Lowe's
Cos,
Inc
4
.250
04/01/52
7,251
5,100,000
O'Reilly
Automotive,
Inc
3
.550
03/15/26
4,944
6,875,000
O'Reilly
Automotive,
Inc
3
.600
09/01/27
6,570
4,075,000
O'Reilly
Automotive,
Inc
4
.200
04/01/30
3,897
12,400,000
O'Reilly
Automotive,
Inc
1
.750
03/15/31
10,035
5,050,000
(c)
Prosus
NV
4
.987
01/19/52
3,714
3,000,000
(c)
Staples,
Inc
7
.500
04/15/26
2,928
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
46,124
CREF
Core
Bond
Account
March
31,
2024
234
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
CONSUMER
DURABLES
&
APPAREL
-
0.0%
EUR
500,000
Whirlpool
EMEA
Finance
Sarl
0
.500
%
02/20/28
$
478
TOTAL
CONSUMER
DURABLES
&
APPAREL
478
CONSUMER
SERVICES
-
0.5%
$
9,820,000
Amherst
College
4
.100
11/01/45
8,693
3,000,000
(c)
Genm
Capital
Labuan
Ltd
3
.882
04/19/31
2,627
125,000
(c)
Hilton
Domestic
Operating
Co,
Inc
5
.750
05/01/28
125
1,151,000
(c)
International
Game
Technology
plc
6
.500
02/15/25
1,155
8,000,000
President
and
Fellows
of
Harvard
College
3
.529
10/01/31
7,417
14,250,000
President
and
Fellows
of
Harvard
College
3
.619
10/01/37
12,333
1,000,000
Sands
China
Ltd
2
.300
03/08/27
906
2,100,000
Sands
China
Ltd
5
.900
08/08/28
2,060
15,000,000
Smith
College
4
.620
07/01/45
13,562
TOTAL
CONSUMER
SERVICES
48,878
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.2%
4,000,000
Costco
Wholesale
Corp
1
.600
04/20/30
3,368
1,200,000
SYSCO
Corp
6
.000
01/17/34
1,277
5,450,000
SYSCO
Corp
3
.150
12/14/51
3,733
8,500,000
Walmart,
Inc
1
.800
09/22/31
7,057
4,000,000
Walmart,
Inc
2
.500
09/22/41
2,873
7,400,000
Walmart,
Inc
4
.500
04/15/53
6,840
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
25,148
ENERGY
-
2.7%
EUR
500,000
BP
Capital
Markets
plc
1
.231
05/08/31
465
2,973,000
Cenovus
Energy,
Inc
5
.400
06/15/47
2,800
6,850,000
Cheniere
Energy
Partners
LP
3
.250
01/31/32
5,835
900,000
Chevron
USA,
Inc
3
.900
11/15/24
892
7,200,000
Diamondback
Energy,
Inc
4
.400
03/24/51
5,964
2,000,000
Ecopetrol
S.A.
6
.875
04/29/30
1,953
2,125,000
Ecopetrol
S.A.
4
.625
11/02/31
1,768
200,000
Ecopetrol
S.A.
8
.875
01/13/33
212
400,000
Ecopetrol
S.A.
8
.375
01/19/36
404
3,000,000
(c)
EIG
Pearl
Holdings
Sarl
3
.545
08/31/36
2,558
3,000,000
(c)
Empresa
Nacional
del
Petroleo
5
.250
11/06/29
2,937
12,968,000
Enbridge,
Inc
3
.125
11/15/29
11,838
3,925,000
Enbridge,
Inc
5
.700
03/08/33
4,020
2,950,000
Enbridge,
Inc
3
.400
08/01/51
2,075
4,575,000
Energy
Transfer
LP
2
.900
05/15/25
4,440
4,725,000
Energy
Transfer
LP
4
.750
01/15/26
4,675
6,350,000
Energy
Transfer
LP
4
.950
06/15/28
6,299
4,225,000
Energy
Transfer
LP
5
.250
04/15/29
4,230
2,900,000
Energy
Transfer
LP
5
.750
02/15/33
2,946
5,100,000
Energy
Transfer
LP
6
.550
12/01/33
5,475
3,100,000
Energy
Transfer
LP
5
.550
05/15/34
3,109
775,000
Energy
Transfer
LP
5
.400
10/01/47
715
8,700,000
Energy
Transfer
LP
6
.250
04/15/49
8,929
9,125,000
Energy
Transfer
LP
5
.000
05/15/50
8,006
3,100,000
Energy
Transfer
LP
5
.950
05/15/54
3,094
2,950,000
Energy
Transfer
Operating
LP
5
.500
06/01/27
2,968
5,125,000
Enterprise
Products
Operating
LLC
3
.700
02/15/26
5,008
5,425,000
Enterprise
Products
Operating
LLC
3
.125
07/31/29
5,004
2,650,000
Enterprise
Products
Operating
LLC
4
.250
02/15/48
2,268
6,200,000
Enterprise
Products
Operating
LLC
4
.200
01/31/50
5,241
4,500,000
Enterprise
Products
Operating
LLC
3
.200
02/15/52
3,152
6,500,000
Enterprise
Products
Operating
LLC
3
.300
02/15/53
4,613
450,000
(c)
EQM
Midstream
Partners
LP
6
.000
07/01/25
451
2,548,320
(c)
Galaxy
Pipeline
Assets
Bidco
Ltd
2
.160
03/31/34
2,191
3,300,000
(c)
Galaxy
Pipeline
Assets
Bidco
Ltd
2
.625
03/31/36
2,683
14,875,000
Marathon
Oil
Corp
5
.300
04/01/29
14,848
235
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
8,375,000
Marathon
Petroleum
Corp
3
.800
%
04/01/28
$
8,035
5,060,000
Marathon
Petroleum
Corp
4
.750
09/15/44
4,502
5,500,000
Marathon
Petroleum
Corp
5
.000
09/15/54
4,895
725,000
(c)
MEG
Energy
Corp
5
.875
02/01/29
712
3,525,000
(c)
Midwest
Connector
Capital
Co
LLC
4
.625
04/01/29
3,403
8,950,000
MPLX
LP
1
.750
03/01/26
8,366
20,000,000
MPLX
LP
2
.650
08/15/30
17,202
5,825,000
MPLX
LP
4
.700
04/15/48
4,969
275,000
Murphy
Oil
Corp
5
.875
12/01/27
273
950,000
NAK
Naftogaz
Ukraine
via
Kondor
Finance
plc
7
.650
07/31/24
770
2,200,000
Occidental
Petroleum
Corp
5
.550
03/15/26
2,208
5,325,000
ONEOK,
Inc
3
.250
06/01/30
4,813
5,000,000
ONEOK,
Inc
4
.500
03/15/50
4,077
315,000
(c)
Parkland
Corp
4
.625
05/01/30
290
500,000
(c)
Parkland
Fuel
Corp
5
.875
07/15/27
496
200,000
(c)
Pertamina
Persero
PT
3
.650
07/30/29
186
300,000
Petroleos
Mexicanos
6
.840
01/23/30
265
5,300,000
Petroleos
Mexicanos
5
.950
01/28/31
4,251
3,000,000
Petroleos
Mexicanos
6
.700
02/16/32
2,495
13,575,000
Phillips
66
2
.150
12/15/30
11,388
3,225,000
Phillips
66
3
.300
03/15/52
2,256
2,375,000
Phillips
66
Co
4
.680
02/15/45
2,108
475,000
Plains
All
American
Pipeline
LP
3
.800
09/15/30
435
3,300,000
(c)
Promigas
S.A.
ESP
3
.750
10/16/29
2,909
3,200,000
(c)
QazaqGaz
NC
JSC
4
.375
09/26/27
3,007
1,913,035
(c)
Rio
Oil
Finance
Trust
8
.200
04/06/28
1,946
6,200,000
Sabine
Pass
Liquefaction
LLC
5
.875
06/30/26
6,249
4,800,000
Sabine
Pass
Liquefaction
LLC
4
.500
05/15/30
4,616
1,162,000
(c)
Saka
Energi
Indonesia
PT
4
.450
05/05/24
1,161
3,000,000
(c)
Saudi
Arabian
Oil
Co
3
.250
11/24/50
2,023
6,500,000
Sunoco
Logistics
Partners
Operations
LP
4
.000
10/01/27
6,247
425,000
Targa
Resources
Partners
LP
6
.500
07/15/27
430
350,000
(c)
Tengizchevroil
Finance
Co
International
Ltd
2
.625
08/15/25
332
4,300,000
(c)
Thaioil
Treasury
Center
Co
Ltd
2
.500
06/18/30
3,619
11,000,000
TotalEnergies
Capital
International
S.A.
3
.127
05/29/50
7,834
4,675,000
Williams
Cos,
Inc
2
.600
03/15/31
3,983
9,250,000
Williams
Cos,
Inc
5
.650
03/15/33
9,490
TOTAL
ENERGY
286,307
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
2.3%
5,100,000
Agree
LP
2
.000
06/15/28
4,484
1,675,000
Alexandria
Real
Estate
Equities,
Inc
3
.950
01/15/28
1,604
5,500,000
Alexandria
Real
Estate
Equities,
Inc
4
.900
12/15/30
5,422
2,418,000
American
Tower
Corp
3
.375
10/15/26
2,309
EUR
450,000
American
Tower
Corp
0
.450
01/15/27
445
1,600,000
American
Tower
Corp
3
.600
01/15/28
1,512
4,350,000
American
Tower
Corp
3
.800
08/15/29
4,060
13,700,000
American
Tower
Corp
2
.900
01/15/30
12,045
2,750,000
American
Tower
Corp
2
.100
06/15/30
2,284
3,825,000
American
Tower
Corp
1
.875
10/15/30
3,101
4,125,000
Brandywine
Operating
Partnership
LP
4
.100
10/01/24
4,078
5,825,000
Brixmor
Operating
Partnership
LP
3
.850
02/01/25
5,725
1,075,000
Brixmor
Operating
Partnership
LP
2
.250
04/01/28
955
3,200,000
CubeSmart
LP
2
.250
12/15/28
2,807
GBP
400,000
Digital
Stout
Holding
LLC
3
.750
10/17/30
463
2,275,000
Equinix,
Inc
2
.150
07/15/30
1,885
6,700,000
Essex
Portfolio
LP
3
.000
01/15/30
5,942
3,875,000
Extra
Space
Storage
LP
2
.400
10/15/31
3,188
6,600,000
Healthcare
Realty
Holdings
LP
3
.875
05/01/25
6,452
6,250,000
Healthcare
Realty
Holdings
LP
3
.500
08/01/26
5,965
3,000,000
Healthcare
Realty
Holdings
LP
3
.625
01/15/28
2,770
8,975,000
Healthcare
Realty
Holdings
LP
3
.100
02/15/30
7,814
CREF
Core
Bond
Account
March
31,
2024
236
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,750,000
Healthcare
Realty
Holdings
LP
2
.400
%
03/15/30
$
1,432
1,050,000
Healthcare
Realty
Holdings
LP
2
.050
03/15/31
810
7,950,000
Highwoods
Realty
LP
3
.875
03/01/27
7,483
2,900,000
Highwoods
Realty
LP
4
.125
03/15/28
2,712
2,875,000
Highwoods
Realty
LP
4
.200
04/15/29
2,617
4,000,000
Highwoods
Realty
LP
3
.050
02/15/30
3,373
3,845,000
(c)
Iron
Mountain,
Inc
7
.000
02/15/29
3,918
2,750,000
Kite
Realty
Group
LP
5
.500
03/01/34
2,733
5,300,000
Kite
Realty
Group
Trust
4
.750
09/15/30
5,071
4,475,000
Mid-America
Apartments
LP
3
.750
06/15/24
4,454
4,300,000
Mid-America
Apartments
LP
4
.000
11/15/25
4,214
11,100,000
Mid-America
Apartments
LP
2
.750
03/15/30
9,816
3,025,000
Mid-America
Apartments
LP
1
.700
02/15/31
2,436
2,575,000
Mid-America
Apartments
LP
2
.875
09/15/51
1,648
600,000
National
Retail
Properties,
Inc
4
.000
11/15/25
587
3,000,000
National
Retail
Properties,
Inc
3
.600
12/15/26
2,865
1,800,000
NNN
REIT,
Inc
5
.600
10/15/33
1,822
GBP
300,000
ProLogis
International
Funding
II
S.A.
2
.750
02/22/32
324
1,275,000
ProLogis
LP
2
.875
11/15/29
1,152
3,125,000
ProLogis
LP
1
.750
07/01/30
2,596
6,350,000
Regency
Centers
LP
3
.900
11/01/25
6,155
1,025,000
Regency
Centers
LP
3
.600
02/01/27
986
5,500,000
Regency
Centers
LP
2
.950
09/15/29
4,921
8,150,000
(c)
SBA
Tower
Trust
2
.836
01/15/25
7,955
11,046,000
(c)
SBA
Tower
Trust
1
.884
01/15/26
10,311
25,315,000
(c)
SBA
Tower
Trust
1
.631
11/15/26
22,906
42,100,000
(c)
SBA
Tower
Trust
1
.840
04/15/27
37,726
2,968,000
SITE
Centers
Corp
3
.625
02/01/25
2,922
3,850,000
SITE
Centers
Corp
4
.700
06/01/27
3,797
2,150,000
(c)
Trust
Fibra
Uno
7
.375
02/13/34
2,145
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
247,197
FINANCIAL
SERVICES
-
2.5%
8,975,000
AerCap
Ireland
Capital
DAC
1
.750
01/30/26
8,380
21,944,000
AerCap
Ireland
Capital
DAC
3
.000
10/29/28
19,855
2,250,000
AerCap
Ireland
Capital
DAC
3
.850
10/29/41
1,782
1,375,000
American
Express
Co
2
.550
03/04/27
1,284
7,500,000
American
Express
Co
3
.550
N/A(e)
6,942
10,000,000
Bank
of
New
York
Mellon
Corp
4
.700
N/A(e)
9,812
EUR
400,000
(c)
Blackstone
Private
Credit
Fund
1
.750
11/30/26
397
EUR
500,000
Capital
One
Financial
Corp
0
.800
06/12/24
536
6,635,000
(d)
Capital
One
Financial
Corp
3
.950
N/A(e)
5,894
7,000,000
Charles
Schwab
Corp
5
.375
N/A(e)
6,952
6,250,000
Community
Preservation
Corp
2
.867
02/01/30
5,460
3,200,000
(c)
Corebridge
Financial,
Inc
6
.050
09/15/33
3,296
4,350,000
Corebridge
Financial,
Inc
5
.750
01/15/34
4,438
EUR
500,000
Deutsche
Bank
AG.
5
.000
09/05/30
560
600,000
Deutsche
Bank
AG.
3
.742
01/07/33
496
7,525,000
Discover
Bank
2
.450
09/12/24
7,413
7,305,000
Discover
Bank
3
.450
07/27/26
6,957
3,750,000
Discover
Bank
2
.700
02/06/30
3,223
200,000
(c)
ENN
Clean
Energy
International
Investment
Ltd
3
.375
05/12/26
189
1,825,000
(c)
Equitable
Financial
Life
Global
Funding
1
.400
07/07/25
1,730
3,543,000
Equitable
Holdings,
Inc
4
.950
N/A(e)
3,463
EUR
375,000
Fidelity
National
Information
Services,
Inc
1
.100
07/15/24
401
6,575,000
Fiserv,
Inc
5
.450
03/15/34
6,659
12,825,000
Goldman
Sachs
Group,
Inc
3
.500
04/01/25
12,582
EUR
500,000
Goldman
Sachs
Group,
Inc
1
.250
02/07/29
488
6,000,000
Goldman
Sachs
Group,
Inc
1
.992
01/27/32
4,855
12,080,000
Goldman
Sachs
Group,
Inc
2
.615
04/22/32
10,138
3,500,000
Goldman
Sachs
Group,
Inc
4
.411
04/23/39
3,133
6,825,000
Goldman
Sachs
Group,
Inc
3
.436
02/24/43
5,287
237
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,000,000
Goldman
Sachs
Group,
Inc
3
.800
%
N/A(e)
$
2,794
200,000
(c)
Indian
Railway
Finance
Corp
Ltd
3
.249
02/13/30
178
3,600,000
(c)
Indian
Railway
Finance
Corp
Ltd
2
.800
02/10/31
3,050
1,700,000
(c),(d)
Indian
Railway
Finance
Corp
Ltd
3
.570
01/21/32
1,502
2,608,000
(c)
Mexico
Remittances
Funding
Fiduciary
Estate
Management
Sarl
4
.875
01/15/28
2,340
2,789,400
(c)
Minejesa
Capital
BV
4
.625
08/10/30
2,647
10,000,000
Morgan
Stanley
2
.188
04/28/26
9,648
31,425,000
Morgan
Stanley
3
.125
07/27/26
30,058
EUR
700,000
Morgan
Stanley
1
.342
10/23/26
728
1,400,000
Morgan
Stanley
5
.449
07/20/29
1,412
6,600,000
Morgan
Stanley
6
.407
11/01/29
6,921
EUR
300,000
(a)
Morgan
Stanley
3
.790
03/21/30
326
EUR
500,000
Morgan
Stanley
2
.950
05/07/32
518
14,250,000
Morgan
Stanley
5
.250
04/21/34
14,139
5,150,000
Morgan
Stanley
5
.424
07/21/34
5,166
4,440,000
Northern
Trust
Corp
4
.600
N/A(e)
4,261
3,350,000
(c)
Power
Finance
Corp
Ltd
3
.950
04/23/30
3,055
550,000
Springleaf
Finance
Corp
5
.375
11/15/29
517
6,950,000
State
Street
Corp
6
.700
N/A(e)
7,052
8,825,000
UBS
Group
AG.
3
.750
03/26/25
8,659
2,950,000
(c)
UBS
Group
AG.
2
.193
06/05/26
2,828
9,100,000
(c)
UBS
Group
AG.
1
.305
02/02/27
8,400
6,200,000
(c)
UBS
Group
AG.
6
.442
08/11/28
6,383
3,065,000
(c)
UBS
Group
AG.
3
.179
02/11/43
2,242
4,225,000
Visa,
Inc
2
.700
04/15/40
3,166
TOTAL
FINANCIAL
SERVICES
270,592
FOOD,
BEVERAGE
&
TOBACCO
-
1.3%
1,600,000
(c)
Anadolu
Efes
Biracilik
Ve
Malt
Sanayii
AS.
3
.375
06/29/28
1,394
6,975,000
Anheuser-Busch
Cos
LLC
4
.700
02/01/36
6,744
12,875,000
Anheuser-Busch
Cos
LLC
4
.900
02/01/46
12,235
16,850,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.750
01/23/29
16,845
7,500,000
Anheuser-Busch
InBev
Worldwide,
Inc
5
.000
06/15/34
7,545
11,500,000
BAT
Capital
Corp
2
.259
03/25/28
10,237
10,225,000
BAT
Capital
Corp
4
.906
04/02/30
10,003
4,400,000
BAT
Capital
Corp
2
.726
03/25/31
3,700
10,000,000
BAT
International
Finance
plc
4
.448
03/16/28
9,710
225,000
(c)
Becle
SAB
de
C.V.
2
.500
10/14/31
179
3,800,000
(c)
Bimbo
Bakeries
USA,
Inc
6
.050
01/15/29
3,932
3,875,000
(c)
Cia
Cervecerias
Unidas
S.A.
3
.350
01/19/32
3,291
3,000,000
(c)
Coca-Cola
Icecek
AS.
4
.500
01/20/29
2,798
1,700,000
Constellation
Brands,
Inc
4
.400
11/15/25
1,674
2,675,000
Constellation
Brands,
Inc
3
.700
12/06/26
2,581
1,050,000
Constellation
Brands,
Inc
3
.150
08/01/29
956
6,900,000
Constellation
Brands,
Inc
2
.875
05/01/30
6,104
20,175,000
Constellation
Brands,
Inc
2
.250
08/01/31
16,664
4,500,000
Diageo
Capital
plc
1
.375
09/29/25
4,258
2,500,000
(c)
Grupo
Bimbo
SAB
de
C.V.
4
.700
11/10/47
2,172
3,950,000
Kraft
Heinz
Foods
Co
4
.375
06/01/46
3,336
EUR
300,000
(c)
Mondelez
International
Holdings
Netherlands
BV
1
.250
09/09/41
227
11,000,000
Philip
Morris
International,
Inc
5
.250
02/13/34
10,902
250,000
(c)
Sigma
Alimentos
S.A.
de
C.V.
4
.125
05/02/26
242
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
137,729
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.3%
1,500,000
Abbott
Laboratories
5
.300
05/27/40
1,549
EUR
200,000
Becton
Dickinson
&
Co
3
.519
02/08/31
216
12,500,000
Bon
Secours
Mercy
Health,
Inc
3
.382
11/01/25
12,113
1,925,000
Boston
Scientific
Corp
2
.650
06/01/30
1,695
3,285,000
Centene
Corp
2
.450
07/15/28
2,913
2,910,000
Centene
Corp
3
.000
10/15/30
2,495
19,230,000
Children's
Hospital
Medic
4
.268
05/15/44
16,921
CREF
Core
Bond
Account
March
31,
2024
238
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
9,750,000
CVS
Health
Corp
4
.780
%
03/25/38
$
9,004
4,050,000
CVS
Health
Corp
2
.700
08/21/40
2,812
21,150,000
CVS
Health
Corp
5
.050
03/25/48
19,208
4,105,000
Dartmouth-Hitchcock
Health
4
.178
08/01/48
3,285
10,775,000
Elevance
Health,
Inc
2
.250
05/15/30
9,215
4,750,000
Elevance
Health,
Inc
5
.125
02/15/53
4,552
4,225,000
HCA,
Inc
5
.625
09/01/28
4,278
6,200,000
HCA,
Inc
3
.625
03/15/32
5,488
5,350,000
HCA,
Inc
4
.625
03/15/52
4,471
3,500,000
(c)
Hologic,
Inc
3
.250
02/15/29
3,137
6,125,000
Humana,
Inc
2
.150
02/03/32
4,897
2,700,000
Humana,
Inc
5
.875
03/01/33
2,786
EUR
250,000
(c)
IQVIA,
Inc
1
.750
03/15/26
258
GBP
500,000
McKesson
Corp
3
.125
02/17/29
590
2,925,000
McKesson
Corp
5
.100
07/15/33
2,952
7,625,000
Medtronic
Global
Holdings
S.C.A
4
.250
03/30/28
7,491
5,000,000
New
York
and
Presbyterian
Hospital
3
.563
08/01/36
4,335
EUR
450,000
Stryker
Corp
2
.625
11/30/30
464
375,000
Tenet
Healthcare
Corp
4
.625
06/15/28
357
5,775,000
UnitedHealth
Group,
Inc
2
.950
10/15/27
5,435
10,700,000
UnitedHealth
Group,
Inc
2
.300
05/15/31
9,065
3,250,000
UnitedHealth
Group,
Inc
3
.750
10/15/47
2,569
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
144,551
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
6,220,000
Church
&
Dwight
Co,
Inc
2
.300
12/15/31
5,171
EUR
750,000
(c)
Coty,
Inc
3
.875
04/15/26
799
5,975,000
Haleon
US
Capital
LLC
3
.375
03/24/27
5,718
5,725,000
Haleon
US
Capital
LLC
3
.625
03/24/32
5,159
EUR
300,000
Procter
&
Gamble
Co
3
.250
08/02/31
330
EUR
600,000
The
Procter
&
Gamble
Company
0
.625
10/30/24
636
EUR
400,000
The
Procter
&
Gamble
Company
1
.875
10/30/38
369
EUR
500,000
Unilever
Finance
Netherlands
BV
1
.125
02/12/27
511
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
18,693
INSURANCE
-
1.4%
825,000
(c)
Alliant
Holdings
Intermediate
LLC
4
.250
10/15/27
777
6,800,000
(c)
Allianz
SE
6
.350
09/06/53
7,138
4,925,000
Aon
Corp
2
.800
05/15/30
4,338
3,900,000
Aon
Corp
5
.350
02/28/33
3,921
8,306,000
Aon
Global
Ltd
3
.500
06/14/24
8,267
5,250,000
AXIS
Specialty
Finance
LLC
4
.900
01/15/40
4,683
16,000,000
Berkshire
Hathaway
Finance
Corp
2
.850
10/15/50
10,798
1,400,000
Berkshire
Hathaway
Finance
Corp
3
.850
03/15/52
1,132
EUR
500,000
Chubb
INA
Holdings,
Inc
1
.550
03/15/28
504
EUR
450,000
Chubb
INA
Holdings,
Inc
1
.400
06/15/31
425
EUR
300,000
Credit
Agricole
Assurances
S.A.
1
.500
10/06/31
269
EUR
400,000
Equitable
Financial
Life
Global
Funding
0
.600
06/16/28
382
EUR
250,000
(c)
Fairfax
Financial
Holdings
Ltd
2
.750
03/29/28
258
7,325,000
(c)
Five
Corners
Funding
Trust
II
2
.850
05/15/30
6,420
3,000,000
(c)
Hanwha
Life
Insurance
Co
Ltd
3
.379
02/04/32
2,780
22,408,000
Hartford
Financial
Services
Group,
Inc
2
.800
08/19/29
20,106
1,100,000
Hartford
Financial
Services
Group,
Inc
4
.300
04/15/43
944
2,500,000
Hartford
Financial
Services
Group,
Inc
2
.900
09/15/51
1,633
EUR
750,000
Liberty
Mutual
Group,
Inc
2
.750
05/04/26
790
EUR
400,000
(c)
Liberty
Mutual
Group,
Inc
4
.625
12/02/30
449
4,100,000
(c)
Liberty
Mutual
Group,
Inc
3
.951
10/15/50
3,083
7,000,000
MetLife,
Inc
3
.600
04/10/24
6,997
1,250,000
MetLife,
Inc
3
.600
11/13/25
1,220
1,750,000
MetLife,
Inc
5
.000
07/15/52
1,648
11,820,000
MetLife,
Inc
3
.850
N/A(e)
11,361
GBP
200,000
Metropolitan
Life
Global
Funding
I
4
.125
09/02/25
249
239
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
8,200,000
(c)
Muenchener
Rueckversicherungs-Gesellschaft
AG.
in
Muenchen
5
.875
%
05/23/42
$
8,309
11,875,000
PartnerRe
Finance
B
LLC
4
.500
10/01/50
10,823
5,250,000
Principal
Financial
Group,
Inc
2
.125
06/15/30
4,398
1,450,000
Prudential
Financial,
Inc
3
.905
12/07/47
1,157
6,960,000
Prudential
Financial,
Inc
3
.700
10/01/50
6,084
3,875,000
Prudential
Financial,
Inc
5
.125
03/01/52
3,632
3,950,000
Prudential
Financial,
Inc
6
.500
03/15/54
4,005
3,275,000
Reinsurance
Group
of
America,
Inc
3
.900
05/15/29
3,091
5,600,000
(c)
Swiss
Re
Finance
Luxembourg
S.A.
5
.000
04/02/49
5,432
TOTAL
INSURANCE
147,503
MATERIALS
-
0.8%
7,975,000
Albemarle
Corp
4
.650
06/01/27
7,826
2,600,000
(c)
Alpek
SAB
de
C.V.
3
.250
02/25/31
2,226
852,000
Amcor
Flexibles
North
America,
Inc
3
.100
09/15/26
798
4,879,000
Amcor
Flexibles
North
America,
Inc
2
.630
06/19/30
4,201
9,400,000
(d)
Amcor
Flexibles
North
America,
Inc
2
.690
05/25/31
7,987
11,325,000
AngloGold
Ashanti
Holdings
plc
3
.750
10/01/30
9,896
2,000,000
(c)
Antofagasta
plc
5
.625
05/13/32
2,006
EUR
500,000
(c)
Ardagh
Metal
Packaging
Finance
USA
LLC
2
.000
09/01/28
458
375,000
(c)
Avient
Corp
5
.750
05/15/25
373
1,875,000
Ball
Corp
2
.875
08/15/30
1,600
14,250,000
Berry
Global,
Inc
1
.570
01/15/26
13,321
200,000
Celulosa
Arauco
y
Constitucion
S.A.
3
.875
11/02/27
187
3,000,000
(c)
Celulosa
Arauco
y
Constitucion
S.A.
4
.250
04/30/29
2,791
1,650,000
(c)
Celulosa
Arauco
y
Constitucion
S.A.
4
.200
01/29/30
1,510
4,200,000
(c)
Corp
Nacional
del
Cobre
de
Chile
3
.625
08/01/27
3,972
1,250,000
(c)
Corp
Nacional
del
Cobre
de
Chile
6
.440
01/26/36
1,287
EUR
500,000
Dow
Chemical
Co
0
.500
03/15/27
495
1,800,000
(c)
Freeport
Indonesia
PT
4
.763
04/14/27
1,753
2,400,000
(c)
Fresnillo
plc
4
.250
10/02/50
1,808
3,600,000
(c)
Inversiones
CMPC
S.A.
3
.000
04/06/31
3,076
2,800,000
(c)
MEGlobal
BV
2
.625
04/28/28
2,492
6,675,000
Nutrien
Ltd
2
.950
05/13/30
5,950
1,920,000
(c)
OCI
NV
4
.625
10/15/25
1,875
875,000
(c)
OCP
S.A.
3
.750
06/23/31
745
EUR
250,000
(c)
OI
European
Group
BV
6
.250
05/15/28
281
EUR
250,000
(c)
Olympus
Water
US
Holding
Corp
3
.875
10/01/28
252
300,000
(c)
Orbia
Advance
Corp
SAB
de
C.V.
1
.875
05/11/26
276
2,075,000
Sasol
Financing
USA
LLC
4
.375
09/18/26
1,957
300,000
Sasol
Financing
USA
LLC
5
.500
03/18/31
253
1,800,000
(c)
St.
Marys
Cement,
Inc
Canada
5
.750
04/02/34
1,782
4,300,000
Suzano
Austria
GmbH
3
.125
01/15/32
3,572
200,000
(c)
UltraTech
Cement
Ltd
2
.800
02/16/31
169
TOTAL
MATERIALS
87,175
MEDIA
&
ENTERTAINMENT
-
1.1%
EUR
750,000
(c)
BOI
Finance
BV
7
.500
02/16/27
762
5,000,000
(c)
CCO
Holdings
LLC
4
.250
02/01/31
4,083
10,200,000
(d)
Charter
Communications
Operating
LLC
4
.400
04/01/33
9,039
14,100,000
Charter
Communications
Operating
LLC
3
.500
03/01/42
9,408
6,150,000
Charter
Communications
Operating
LLC
5
.125
07/01/49
4,765
20,345,000
Charter
Communications
Operating
LLC
4
.800
03/01/50
15,060
3,000,000
Charter
Communications
Operating
LLC
3
.700
04/01/51
1,855
EUR
450,000
Comcast
Corp
0
.250
05/20/27
442
17,000,000
Comcast
Corp
3
.200
07/15/36
13,965
1,925,000
Comcast
Corp
3
.900
03/01/38
1,678
28,050,000
Comcast
Corp
2
.887
11/01/51
18,208
GBP
300,000
Discovery
Communications
LLC
2
.500
09/20/24
373
650,000
Lamar
Media
Corp
3
.750
02/15/28
607
1,000,000
Lamar
Media
Corp
4
.000
02/15/30
909
2,675,000
(c)
Sirius
XM
Radio,
Inc
4
.125
07/01/30
2,338
CREF
Core
Bond
Account
March
31,
2024
240
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
GBP
200,000
Time
Warner
Cable
LLC
5
.750
%
06/02/31
$
245
$
4,400,000
Time
Warner
Cable
LLC
5
.875
11/15/40
3,811
3,450,000
Time
Warner
Cable
LLC
4
.500
09/15/42
2,552
EUR
700,000
(c)
VZ
Secured
Financing
BV
3
.500
01/15/32
661
9,800,000
Warnermedia
Holdings,
Inc
3
.755
03/15/27
9,353
18,225,000
Warnermedia
Holdings,
Inc
5
.050
03/15/42
15,664
2,375,000
Warnermedia
Holdings,
Inc
5
.141
03/15/52
1,971
2,700,000
(d)
Weibo
Corp
3
.375
07/08/30
2,344
1,413,000
(c)
Ziff
Davis,
Inc
4
.625
10/15/30
1,274
TOTAL
MEDIA
&
ENTERTAINMENT
121,367
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.2%
EUR
550,000
AbbVie,
Inc
1
.250
06/01/24
591
9,400,000
AbbVie,
Inc
5
.050
03/15/34
9,517
9,850,000
AbbVie,
Inc
4
.050
11/21/39
8,770
4,650,000
AbbVie,
Inc
5
.400
03/15/54
4,786
16,075,000
Amgen,
Inc
5
.250
03/02/33
16,210
12,925,000
Amgen,
Inc
5
.650
03/02/53
13,170
7,350,000
AstraZeneca
Finance
LLC
1
.200
05/28/26
6,790
3,795,000
AstraZeneca
Finance
LLC
2
.250
05/28/31
3,206
EUR
500,000
(c)
Avantor
Funding,
Inc
3
.875
07/15/28
523
1,500,000
(c)
Avantor
Funding,
Inc
4
.625
07/15/28
1,421
3,125,000
Danaher
Corp
2
.800
12/10/51
2,058
4,700,000
Eli
Lilly
&
Co
5
.000
02/09/54
4,674
10,600,000
Gilead
Sciences,
Inc
5
.250
10/15/33
10,817
5,500,000
Gilead
Sciences,
Inc
5
.550
10/15/53
5,693
4,025,000
Merck
&
Co,
Inc
2
.750
12/10/51
2,631
EUR
600,000
(c)
Organon
Finance  LLC
2
.875
04/30/28
602
250,000
(c)
Organon
Finance  LLC
5
.125
04/30/31
222
4,150,000
Pfizer
Investment
Enterprises
Pte
Ltd
4
.750
05/19/33
4,086
31,850,000
Pfizer
Investment
Enterprises
Pte
Ltd
5
.300
05/19/53
31,666
EUR
300,000
Sartorius
Finance
BV
4
.375
09/14/29
335
EUR
500,000
Takeda
Pharmaceutical
Co
Ltd
2
.000
07/09/40
425
1,045,000
Teva
Pharmaceutical
Finance
Netherlands
III
BV
4
.750
05/09/27
1,012
EUR
800,000
Thermo
Fisher
Scientific
Finance
I
BV
0
.800
10/18/30
744
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
129,949
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.0%
EUR
200,000
Vonovia
SE
0
.625
12/14/29
179
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
179
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.6%
25,131,000
(c)
Broadcom,
Inc
4
.926
05/15/37
23,851
1,675,000
Intel
Corp
3
.734
12/08/47
1,301
8,375,000
NVIDIA
Corp
2
.000
06/15/31
7,077
1,100,000
(c)
NXP
BV
2
.700
05/01/25
1,067
5,450,000
NXP
BV
3
.875
06/18/26
5,291
3,475,000
NXP
BV
4
.400
06/01/27
3,407
4,100,000
NXP
BV
3
.125
02/15/42
2,956
4,800,000
(c)
SK
Hynix,
Inc
1
.500
01/19/26
4,470
2,200,000
Texas
Instruments,
Inc
4
.150
05/15/48
1,894
4,000,000
Texas
Instruments,
Inc
5
.000
03/14/53
3,925
4,000,000
(c)
TSMC
Global
Ltd
1
.000
09/28/27
3,495
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
58,734
SOFTWARE
&
SERVICES
-
0.8%
7,350,000
Adobe,
Inc
2
.300
02/01/30
6,468
200,000
(c)
CA
Magnum
Holdings
5
.375
10/31/26
191
900,000
(c)
Gartner,
Inc
3
.750
10/01/30
806
EUR
400,000
International
Business
Machines
Corp
0
.650
02/11/32
352
26,300,000
Microsoft
Corp
2
.400
08/08/26
24,961
2,200,000
(c)
Microsoft
Corp
3
.400
09/15/26
2,131
241
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
4,120,000
Microsoft
Corp
2
.525
%
06/01/50
$
2,707
550,000
(c)
Open
Text
Holdings,
Inc
4
.125
02/15/30
493
8,025,000
Oracle
Corp
4
.900
02/06/33
7,857
17,650,000
Oracle
Corp
5
.550
02/06/53
17,266
3,000,000
Roper
Technologies,
Inc
1
.400
09/15/27
2,662
10,050,000
Roper
Technologies,
Inc
2
.000
06/30/30
8,388
9,650,000
Salesforce,
Inc
2
.700
07/15/41
6,983
TOTAL
SOFTWARE
&
SERVICES
81,265
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.4%
4,325,000
Amphenol
Corp
2
.800
02/15/30
3,870
4,825,000
Apple,
Inc
2
.450
08/04/26
4,584
26,100,000
Apple,
Inc
2
.050
09/11/26
24,500
3,225,000
Apple,
Inc
4
.650
02/23/46
3,102
4,675,000
Apple,
Inc
2
.650
02/08/51
3,078
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
39,134
TELECOMMUNICATION
SERVICES
-
2.1%
GBP
300,000
AT&T,
Inc
2
.900
12/04/26
359
EUR
500,000
AT&T,
Inc
2
.350
09/05/29
513
42,943,000
AT&T,
Inc
2
.550
12/01/33
34,396
8,325,000
AT&T,
Inc
4
.500
05/15/35
7,776
7,375,000
AT&T,
Inc
3
.500
06/01/41
5,757
38,320,000
AT&T,
Inc
3
.550
09/15/55
26,794
6,553,000
AT&T,
Inc
3
.800
12/01/57
4,745
225,000
(c)
Bharti
Airtel
Ltd
3
.250
06/03/31
198
3,000,000
(c)
C&W
Senior
Financing
Designated
Activity
Co
6
.875
09/15/27
2,833
850,000
Deutsche
Telekom
International
Finance
BV
8
.750
06/15/30
1,005
500,000
(c)
Empresa
Nacional
de
Telecomunicaciones
S.A.
3
.050
09/14/32
398
EUR
665,000
(c)
Iliad
Holding
SAS
5
.125
10/15/26
708
1,375,000
(c)
Millicom
International
Cellular
S.A.
4
.500
04/27/31
1,179
2,750,000
(c)
Millicom
International
Cellular
S.A.
7
.375
04/02/32
2,750
4,000,000
(c)
MTN
Mauritius
Investment
Ltd
6
.500
10/13/26
4,020
2,425,000
Orange
S.A.
5
.375
01/13/42
2,414
3,300,000
(c)
Sitios
Latinoamerica
SAB
de
C.V.
5
.375
04/04/32
3,083
900,000
(c)
Telecomunicaciones
Digitales
S.A.
4
.500
01/30/30
809
22,975,000
T-Mobile
USA,
Inc
2
.625
02/15/29
20,560
30,200,000
T-Mobile
USA,
Inc
3
.875
04/15/30
28,291
8,800,000
T-Mobile
USA,
Inc
5
.050
07/15/33
8,704
2,225,000
T-Mobile
USA,
Inc
3
.000
02/15/41
1,639
7,800,000
T-Mobile
USA,
Inc
3
.300
02/15/51
5,454
EUR
400,000
Verizon
Communications,
Inc
1
.875
10/26/29
400
EUR
200,000
Verizon
Communications,
Inc
4
.250
10/31/30
226
10,300,000
Verizon
Communications,
Inc
1
.750
01/20/31
8,361
8,450,000
Verizon
Communications,
Inc
2
.550
03/21/31
7,219
38,051,000
Verizon
Communications,
Inc
2
.355
03/15/32
31,270
EUR
300,000
Verizon
Communications,
Inc
2
.875
01/15/38
295
GBP
1,000,000
(c)
Vmed
O2
UK
Financing
I
plc
4
.500
07/15/31
1,073
6,550,000
Vodafone
Group
plc
4
.375
02/19/43
5,659
5,125,000
Vodafone
Group
plc
4
.250
09/17/50
4,137
TOTAL
TELECOMMUNICATION
SERVICES
223,025
TRANSPORTATION
-
0.4%
1,850,000
(c)
Adani
Ports
&
Special
Economic
Zone
Ltd
4
.000
07/30/27
1,696
2,000,000
(c)
Adani
Ports
&
Special
Economic
Zone
Ltd
4
.200
08/04/27
1,846
2,700,000
(c)
Adani
Ports
&
Special
Economic
Zone
Ltd
3
.100
02/02/31
2,149
1,450,000
(c)
Aeropuerto
Internacional
de
Tocumen
S.A.
4
.000
08/11/41
1,063
4,075,000
Burlington
Northern
Santa
Fe
LLC
3
.050
02/15/51
2,797
1,300,000
Canadian
Pacific
Railway
Co
2
.050
03/05/30
1,106
5,600,000
Canadian
Pacific
Railway
Co
3
.100
12/02/51
3,864
2,040,000
CSX
Corp
2
.600
11/01/26
1,929
1,525,000
CSX
Corp
3
.800
03/01/28
1,475
CREF
Core
Bond
Account
March
31,
2024
242
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
14,175,000
CSX
Corp
4
.250
%
03/15/29
$
13,876
1,550,000
(c)
Empresa
de
los
Ferrocarriles
del
Estado
3
.068
08/18/50
932
3,800,000
(c)
ENA
Master
Trust
4
.000
05/19/48
2,662
3,260,000
(c)
Misc
Capital
Two
Labuan
Ltd
3
.750
04/06/27
3,113
5,100,000
Union
Pacific
Corp
2
.891
04/06/36
4,160
2,275,000
Union
Pacific
Corp
3
.839
03/20/60
1,747
TOTAL
TRANSPORTATION
44,415
UTILITIES
-
3.1%
1,950,000
(c)
Adani
Electricity
Mumbai
Ltd
3
.867
07/22/31
1,600
1,650,000
AEP
Transmission
Co
LLC
3
.100
12/01/26
1,569
1,650,000
AEP
Transmission
Co
LLC
4
.000
12/01/46
1,360
4,750,000
AEP
Transmission
Co
LLC
2
.750
08/15/51
2,987
1,175,000
AEP
Transmission
Co
LLC
5
.400
03/15/53
1,170
3,475,000
Alabama
Power
Co
4
.150
08/15/44
2,932
6,025,000
Alabama
Power
Co
3
.450
10/01/49
4,453
3,971,763
(c)
Alfa
Desarrollo
S.p.A
4
.550
09/27/51
3,035
17,400,000
Ameren
Illinois
Co
4
.950
06/01/33
17,221
3,225,000
Ameren
Illinois
Co
5
.900
12/01/52
3,454
2,750,000
American
Water
Capital
Corp
3
.000
12/01/26
2,598
4,000,000
American
Water
Capital
Corp
2
.800
05/01/30
3,521
8,500,000
American
Water
Capital
Corp
2
.300
06/01/31
7,082
2,375,000
American
Water
Capital
Corp
4
.000
12/01/46
1,960
4,500,000
American
Water
Capital
Corp
3
.750
09/01/47
3,551
5,788,000
Appalachian
Power
Co
4
.450
06/01/45
4,783
8,475,000
Atmos
Energy
Corp
1
.500
01/15/31
6,802
1,175,000
Atmos
Energy
Corp
4
.125
10/15/44
1,014
5,325,000
Atmos
Energy
Corp
6
.200
11/15/53
5,999
6,500,000
Baltimore
Gas
and
Electric
Co
3
.750
08/15/47
5,047
5,925,000
Berkshire
Hathaway
Energy
Co
3
.250
04/15/28
5,590
1,075,000
CenterPoint
Energy
Houston
Electric
LLC
3
.000
03/01/32
935
EUR
350,000
CEZ
AS.
0
.875
12/02/26
348
2,975,000
CMS
Energy
Corp
3
.600
11/15/25
2,889
3,500,000
Commonwealth
Edison
Co
5
.900
03/15/36
3,723
8,250,000
Commonwealth
Edison
Co
3
.000
03/01/50
5,515
5,100,000
Commonwealth
Edison
Co
2
.750
09/01/51
3,160
2,178,000
Consumers
Energy
Co
2
.650
08/15/52
1,376
1,542,000
Consumers
Energy
Co
2
.500
05/01/60
889
2,350,000
Dominion
Energy,
Inc
2
.250
08/15/31
1,923
4,000,000
Dominion
Energy,
Inc
3
.300
04/15/41
2,998
2,500,000
DTE
Electric
Co
3
.650
03/01/52
1,892
4,125,000
(d)
DTE
Electric
Co
5
.400
04/01/53
4,160
4,600,000
Duke
Energy
Florida
LLC
3
.400
10/01/46
3,371
8,850,000
Duke
Energy
Indiana
LLC
2
.750
04/01/50
5,608
6,100,000
Duke
Energy
Progress
LLC
2
.500
08/15/50
3,667
EUR
500,000
EDP
Finance
BV
3
.875
03/11/30
551
EUR
300,000
Electricite
de
France
S.A.
2
.000
10/02/30
294
3,445,000
(c)
Empresas
Publicas
de
Medellin
ESP
4
.250
07/18/29
2,984
2,000,000
(c)
EnfraGen
Energia
Sur
S.A.
5
.375
12/30/30
1,659
6,900,000
Entergy
Corp
0
.900
09/15/25
6,468
10,600,000
Enterprise
Products
Operating
LLC
3
.700
01/31/51
8,190
6,350,000
Eversource
Energy
3
.450
01/15/50
4,439
8,200,000
Florida
Power
&
Light
Co
4
.800
05/15/33
8,076
5,775,000
Florida
Power
&
Light
Co
3
.990
03/01/49
4,751
2,900,000
Indiana
Michigan
Power
Co
3
.750
07/01/47
2,185
4,525,000
(c)
Israel
Electric
Corp
Ltd
4
.250
08/14/28
4,196
3,200,000
(c)
Korea
Southern
Power
Co
Ltd
0
.750
01/27/26
2,950
6,975,000
MidAmerican
Energy
Co
3
.650
04/15/29
6,634
5,400,000
MidAmerican
Energy
Co
3
.650
08/01/48
4,138
7,350,000
Nevada
Power
Co
2
.400
05/01/30
6,333
3,335,000
Nevada
Power
Co
5
.450
05/15/41
3,292
12,700,000
NextEra
Energy
Capital
Holdings,
Inc
2
.250
06/01/30
10,814
243
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
20,060,000
NiSource,
Inc
1
.700
%
02/15/31
$
16,022
6,000,000
(c)
NRG
Energy,
Inc
2
.450
12/02/27
5,393
2,750,000
Ohio
Power
Co
2
.600
04/01/30
2,394
6,150,000
Ohio
Power
Co
4
.150
04/01/48
4,961
4,925,000
Ohio
Power
Co
4
.000
06/01/49
3,905
1,280,000
Oncor
Electric
Delivery
Co
LLC
5
.250
09/30/40
1,267
600,000
(c)
Pattern
Energy
Operations
LP
4
.500
08/15/28
559
2,775,000
PECO
Energy
Co
3
.000
09/15/49
1,896
3,700,000
PECO
Energy
Co
2
.800
06/15/50
2,420
650,000
(c)
Perusahaan
Listrik
Negara
PT
3
.875
07/17/29
605
3,000,000
(c)
Perusahaan
Listrik
Negara
PT
3
.375
02/05/30
2,691
200,000
(c)
Perusahaan
Listrik
Negara
PT
4
.875
07/17/49
169
5,000,000
(c)
Perusahaan
Perseroan
Persero
PT
Perusahaan
Listrik
Negara
4
.000
06/30/50
3,717
750,000
(d)
Potomac
Electric
Power
Co
7
.900
12/15/38
956
6,800,000
Public
Service
Co
of
Colorado
1
.875
06/15/31
5,498
2,100,000
Public
Service
Co
of
Colorado
4
.050
09/15/49
1,642
4,450,000
Public
Service
Co
of
Colorado
3
.200
03/01/50
3,013
5,150,000
Public
Service
Electric
and
Gas
Co
4
.900
12/15/32
5,127
6,970,000
Public
Service
Electric
and
Gas
Co
3
.150
01/01/50
4,964
5,000,000
Public
Service
Electric
and
Gas
Co
5
.450
03/01/54
5,156
20,000,000
Southern
Co
4
.000
01/15/51
19,227
8,475,000
Southern
Co
Gas
Capital
Corp
3
.875
11/15/25
8,258
EUR
500,000
Southern
Power
Co
1
.850
06/20/26
518
2,440,000
Southwestern
Public
Service
Co
3
.400
08/15/46
1,713
3,986,514
(c)
Sweihan
PV
Power
Co
PJSC
3
.625
01/31/49
3,170
6,700,000
Union
Electric
Co
5
.450
03/15/53
6,635
3,250,000
Virginia
Electric
and
Power
Co
2
.950
11/15/26
3,089
1,900,000
Virginia
Electric
and
Power
Co
5
.700
08/15/53
1,954
3,000,000
Wisconsin
Power
and
Light
Co
4
.950
04/01/33
2,934
4,125,000
Wisconsin
Power
and
Light
Co
4
.100
10/15/44
3,250
2,240,000
Xcel
Energy,
Inc
4
.800
09/15/41
1,924
TOTAL
UTILITIES
333,163
TOTAL
CORPORATE
BONDS
3,420,355
(Cost
$3,752,985)
GOVERNMENT
BONDS
-
49.3%
-
0.0%
EUR
950,000
Republic
of
Bulgaria
3
.125
03/26/35
959
TOTAL
959
AGENCY
SECURITIES
-
0.3%
2,668,633
Canal
Barge
Co,
Inc
4
.500
11/12/34
2,585
114
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
17,774
9,000,000
Federal
National
Mortgage
Association
(FNMA)
1
.625
08/24/35
6,476
6,125,000
Private
Export
Funding
Corp
(PEFCO)
1
.750
11/15/24
5,989
TOTAL
AGENCY
SECURITIES
32,824
FOREIGN
GOVERNMENT
BONDS
-
3.5%
750,000
(c)
Africa
Finance
Corp
2
.875
04/28/28
658
3,925,000
(c)
Angolan
Government
International
Bond
8
.750
04/14/32
3,602
INR
41,700,000
Asian
Infrastructure
Investment
Bank
6
.000
12/08/31
468
AUD
1,250,000
Australia
Government
Bond
1
.000
12/21/30
681
AUD
1,775,000
Australia
Government
Bond
1
.250
05/21/32
944
AUD
1,960,000
Australia
Government
Bond
1
.750
06/21/51
747
200,000
(c)
Bank
Gospodarstwa
Krajowego
6
.250
10/31/28
208
2,215,000
(c)
Bank
Gospodarstwa
Krajowego
5
.375
05/22/33
2,201
8,500,000
(c)
Banque
Ouest
Africaine
de
Developpement
4
.700
10/22/31
7,310
EUR
3,650,000
(c)
Banque
Ouest
Africaine
de
Developpement
2
.750
01/22/33
3,032
EUR
850,000
(c)
Benin
Government
International
Bond
4
.950
01/22/35
743
CREF
Core
Bond
Account
March
31,
2024
244
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
5,000,000
(c)
BNG
Bank
NV
3
.500
%
08/26/24
$
4,962
8,000,000
(c)
BNG
Bank
NV
0
.875
05/18/26
7,378
1,560,000
(c)
Brazil
Minas
SPE
via
State
of
Minas
Gerais
5
.333
02/15/28
1,531
BRL
3,000,000
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10
.000
01/01/27
596
BRL
3,750,000
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10
.000
01/01/31
719
3,410,000
Brazilian
Government
International
Bond
6
.000
10/20/33
3,375
EUR
545,000
Bundesobligation
0
.000
10/10/25
562
EUR
6,450,000
Bundesrepublik
Deutschland
0
.000
08/15/31
5,922
EUR
380,000
Bundesrepublik
Deutschland
0
.000
02/15/32
345
EUR
1,400,000
Bundesrepublik
Deutschland
2
.300
02/15/33
1,515
EUR
3,700,000
Bundesrepublik
Deutschland
1
.000
05/15/38
3,306
EUR
135,000
Bundesrepublik
Deutschland
1
.250
08/15/48
114
EUR
2,465,000
Bundesrepublik
Deutschland
0
.000
08/15/52
1,354
7,000,000
(c)
Caisse
d'Amortissement
de
la
Dette
Sociale
1
.125
11/29/24
6,809
CAD
1,400,000
(c)
Canada
Housing
Trust
No
1
.100
12/15/26
957
CAD
1,525,000
(c)
Canada
Housing
Trust
No
3
.550
09/15/32
1,105
CAD
1,650,000
Canadian
Government
Bond
3
.000
11/01/24
1,205
CAD
875,000
Canadian
Government
International
Bond
3
.500
08/01/25
638
CAD
1,475,000
Canadian
Government
International
Bond
2
.000
06/01/28
1,026
CAD
850,000
Canadian
Government
International
Bond
2
.000
06/01/32
563
1,250,000
(d)
Chile
Government
International
Bond
2
.550
01/27/32
1,055
CNY
5,750,000
China
Government
Bond
2
.940
10/17/24
801
CNY
47,400,000
China
Government
Bond
3
.120
12/05/26
6,740
CNY
9,000,000
China
Government
Bond
2
.040
02/25/27
1,244
CNY
20,200,000
China
Government
Bond
2
.500
07/25/27
2,821
CNY
16,100,000
China
Government
Bond
3
.270
11/19/30
2,358
CNY
18,900,000
China
Government
Bond
3
.860
07/22/49
3,187
CNY
10,000,000
China
Government
Bond
3
.390
03/16/50
1,569
CNY
4,700,000
China
Government
Bond
3
.810
09/14/50
791
CNY
4,700,000
China
Government
Bond
3
.720
04/12/51
782
NOK
7,000,000
City
of
Oslo
Norway
2
.050
10/31/24
634
2,075,000
Colombia
Government
International
Bond
3
.250
04/22/32
1,614
1,100,000
Colombia
Government
International
Bond
8
.000
11/14/35
1,155
1,700,000
Colombia
Government
International
Bond
5
.000
06/15/45
1,230
COP
3,300,000,000
Colombian
TES
7
.750
09/18/30
779
275,000
(c)
Costa
Rica
Government
International
Bond
6
.550
04/03/34
284
2,200,000
(c)
Costa
Rica
Government
International
Bond
5
.625
04/30/43
1,983
1,575,000
(c)
Dominican
Republic
Government
International
Bond
4
.875
09/23/32
1,410
DOP
8,500,000
(c)
Dominican
Republic
Government
International
Bond
11
.250
09/15/35
155
3,050,000
(c)
Dominican
Republic
Government
International
Bond
5
.875
01/30/60
2,591
24,960
(c)
Ecuador
Government
International
Bond
0
.000
07/31/30
12
141,600
(c)
Ecuador
Government
International
Bond
5
.000
07/31/30
96
99,120
(c)
Ecuador
Government
International
Bond
1
.000
07/31/35
52
EGP
19,025,000
Egypt
Government
International
Bond
15
.900
07/02/24
387
1,500,000
(c)
Egypt
Government
International
Bond
5
.800
09/30/27
1,350
EUR
1,100,000
(c)
Egypt
Government
International
Bond
5
.625
04/16/30
970
EUR
700,000
(c)
Egypt
Government
International
Bond
6
.375
04/11/31
624
325,000
(c)
Egypt
Government
International
Bond
7
.053
01/15/32
269
2,700,000
(c)
Egypt
Government
International
Bond
8
.500
01/31/47
2,137
1,425,000
Emirate
of
Dubai
Government
International
Bonds
3
.900
09/09/50
1,051
3,500,000
European
Investment
Bank
4
.875
02/15/36
3,656
2,000,000
(c)
Export-Import
Bank
of
India
3
.875
02/01/28
1,906
2,000,000
(c)
Export-Import
Bank
of
India
2
.250
01/13/31
1,653
3,350,000
Export-Import
Bank
of
Korea
1
.250
09/21/30
2,686
EUR
1,325,000
(c)
French
Republic
Government
Bond
OAT
0
.750
11/25/28
1,313
EUR
1,525,000
French
Republic
Government
Bond
OAT
1
.250
05/25/36
1,362
EUR
3,500,000
(c)
French
Republic
Government
Bond
OAT
0
.500
05/25/40
2,542
EUR
860,000
(c)
French
Republic
Government
Bond
OAT
0
.750
05/25/52
509
EUR
960,000
(c)
French
Republic
Government
Bond
OAT
0
.750
05/25/53
555
2,325,000
(c)
Ghana
Government
International
Bond
8
.125
03/26/32
1,197
1,000,000
(c)
Ghana
Government
International
Bond
8
.627
06/16/49
504
450,000
(c)
Guatemala
Government
International
Bond
4
.375
06/05/27
431
245
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
EUR
1,250,000
(c)
Hellenic
Republic
Government
International
Bond
1
.500
%
06/18/30
$
1,228
EUR
725,000
(c)
Hellenic
Republic
Government
International
Bond
0
.750
06/18/31
663
EUR
975,000
(c)
Hellenic
Republic
Government
International
Bond
3
.375
06/15/34
1,051
EUR
750,000
(c)
Hellenic
Republic
Government
International
Bond
4
.375
07/18/38
872
$
4,305,000
(c)
Hong
Kong
Government
International
Bond
4
.625
01/11/33
4,396
HUF
345,000,000
Hungary
Government
International
Bond
5
.500
06/24/25
932
1,565,000
(c)
Hungary
Government
International
Bond
6
.125
05/22/28
1,602
1,725,000
(c)
Hungary
Government
International
Bond
5
.250
06/16/29
1,704
HUF
421,500,000
Hungary
Government
International
Bond
3
.000
08/21/30
938
1,150,000
(c)
Hungary
Government
International
Bond
2
.125
09/22/31
911
EUR
600,000
Hungary
Government
International
Bond
1
.750
06/05/35
496
CAD
1,475,000
Hydro-Quebec
5
.000
02/15/45
1,175
6,300,000
(c)
Indonesia
Government
International
Bond
4
.625
04/15/43
5,881
IDR
7,750,000,000
Indonesia
Treasury
Bond
8
.125
05/15/24
490
IDR
10,000,000,000
Indonesia
Treasury
Bond
6
.375
04/15/32
618
AUD
500,000
Inter-American
Development
Bank
4
.750
08/27/24
326
AUD
900,000
Inter-American
Development
Bank
2
.750
10/30/25
573
INR
17,000,000
Inter-American
Development
Bank
7
.000
04/17/33
205
CAD
1,300,000
International
Bank
for
Reconstruction
&
Development
1
.900
01/16/25
938
INR
56,000,000
International
Bank
for
Reconstruction
&
Development
5
.500
01/21/27
646
IDR
20,900,000,000
International
Bank
for
Reconstruction
&
Development
6
.250
01/12/28
1,318
GBP
500,000
International
Finance
Corp
0
.250
12/15/25
586
1,025,000
(c)
Iraq
Government
International
Bond
5
.800
01/15/28
964
EUR
350,000
Ireland
Government
Bond
0
.000
10/18/31
311
EUR
400,000
Ireland
Government
Bond
1
.700
05/15/37
377
EUR
425,000
Ireland
Government
Bond
1
.500
05/15/50
333
1,750,000
Israel
Government
International
Bond
5
.375
03/12/29
1,754
EUR
4,315,000
Italy
Buoni
Poliennali
Del
Tesoro
0
.450
02/15/29
4,088
EUR
1,875,000
Italy
Buoni
Poliennali
Del
Tesoro
0
.950
08/01/30
1,752
EUR
875,000
(c)
Italy
Buoni
Poliennali
Del
Tesoro
4
.450
09/01/43
987
EUR
425,000
(c)
Italy
Buoni
Poliennali
Del
Tesoro
1
.700
09/01/51
285
EUR
1,000,000
(c)
Ivory
Coast
Government
International
Bond
5
.875
10/17/31
995
EUR
100,000
(c)
Ivory
Coast
Government
International
Bond
4
.875
01/30/32
93
1,400,000
(c)
Ivory
Coast
Government
International
Bond
8
.250
01/30/37
1,403
1,234,973
(c)
Ivory
Coast
Government
International
Bond
(Step
Bond)
5
.750
12/31/32
1,174
2,850,000
Jamaica
Government
International
Bond
7
.875
07/28/45
3,347
2,500,000
(c)
Japan
Finance
Organization
for
Municipalities
1
.000
05/21/25
2,380
JPY
140,000,000
Japan
Finance
Organization
for
Municipalities
0
.020
03/13/26
921
JPY
498,000,000
Japan
Government
Five
Year
Bond
0
.005
09/20/26
3,274
JPY
445,000,000
Japan
Government
Five
Year
Bond
0
.300
09/20/28
2,937
JPY
475,000,000
Japan
Government
Ten
Year
Bond
0
.100
09/20/26
3,131
JPY
162,000,000
Japan
Government
Ten
Year
Bond
0
.100
12/20/29
1,053
JPY
603,600,000
Japan
Government
Ten
Year
Bond
0
.100
12/20/30
3,897
JPY
225,000,000
Japan
Government
Thirty
Year
Bond
0
.500
09/20/46
1,192
JPY
105,000,000
Japan
Government
Thirty
Year
Bond
0
.600
09/20/50
535
JPY
132,000,000
Japan
Government
Thirty
Year
Bond
0
.700
09/20/51
682
JPY
118,500,000
Japan
Government
Thirty
Year
Bond
1
.300
06/20/52
711
JPY
181,600,000
Japan
Government
Thirty
Year
Bond
1
.200
06/20/53
1,058
JPY
182,000,000
Japan
Government
Thirty
Year
Bond
1
.800
09/20/53
1,221
JPY
202,000,000
Japan
Government
Twenty
Year
Bond
1
.400
09/20/34
1,419
JPY
93,000,000
Japan
Government
Twenty
Year
Bond
0
.600
12/20/36
589
JPY
153,000,000
Japan
Government
Twenty
Year
Bond
0
.300
06/20/39
891
JPY
385,000,000
Japan
Government
Twenty
Year
Bond
1
.100
09/20/42
2,433
JPY
348,000,000
Japan
Government
Two
Year
Bond
0
.005
07/01/25
2,297
925,000
(c)
Jordan
Government
International
Bond
4
.950
07/07/25
896
500,000
(c)
Jordan
Government
International
Bond
7
.750
01/15/28
506
1,000,000
(c)
Jordan
Government
International
Bond
7
.500
01/13/29
997
1,025,000
(c)
Jordan
Government
International
Bond
5
.850
07/07/30
942
KZT
235,000,000
Kazakhstan
Government
Bond-MEUKAM
7
.130
08/06/24
514
CREF
Core
Bond
Account
March
31,
2024
246
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
550,000
(c)
Kenya
Government
International
Bond
7
.000
%
05/22/27
$
535
EUR
2,900,000
(c)
Kingdom
of
Belgium
Government
Bond
0
.350
06/22/32
2,582
EUR
3,950,000
(c)
Kingdom
of
Belgium
Government
Bond
1
.450
06/22/37
3,536
3,000,000
(c)
Kommunalbanken
AS.
1
.125
06/14/30
2,453
KRW
1,800,000,000
Korea
Treasury
Bond
1
.500
12/10/26
1,275
KRW
2,660,000,000
Korea
Treasury
Bond
1
.375
12/10/29
1,775
KRW
2,400,000,000
Korea
Treasury
Bond
2
.000
06/10/31
1,631
KRW
1,225,000,000
Korea
Treasury
Bond
2
.375
12/10/31
852
KRW
2,380,000,000
Korea
Treasury
Bond
2
.375
09/10/38
1,565
KRW
400,000,000
Korea
Treasury
Bond
1
.875
09/10/41
238
KRW
365,000,000
Korea
Treasury
Bond
2
.500
03/10/52
231
MXN
7,800,000
Kreditanstalt
fuer
Wiederaufbau
4
.400
07/25/25
437
1,750,000
(h)
Lebanon
Government
International
Bond
6
.750
11/29/27
114
MYR
2,610,000
Malaysia
Government
Bond
4
.457
03/31/53
575
MXN
23,500,000
Mexican
Bonos
5
.750
03/05/26
1,307
MXN
24,700,000
Mexican
Bonos
8
.500
11/18/38
1,380
1,675,000
Mexico
Government
International
Bond
5
.400
02/09/28
1,684
3,375,000
Mexico
Government
International
Bond
3
.250
04/16/30
3,004
3,001,000
Mexico
Government
International
Bond
6
.050
01/11/40
2,962
6,650,000
Mexico
Government
International
Bond
4
.280
08/14/41
5,333
3,500,000
Mexico
Government
International
Bond
4
.600
02/10/48
2,795
5,075,000
Mexico
Government
International
Bond
4
.400
02/12/52
3,871
1,500,000
Mexico
Government
International
Bond
6
.400
05/07/54
1,494
950,000
(c)
Morocco
Government
International
Bond
2
.375
12/15/27
846
4,050,000
(c)
Morocco
Government
International
Bond
5
.500
12/11/42
3,554
1,675,000
(c)
Namibia
Government
International
Bond
5
.250
10/29/25
1,654
EUR
475,000
Netherlands
Government
International
Bond
2
.500
07/15/34
508
EUR
400,000
(c)
Netherlands
Government
International
Bond
2
.750
01/15/47
438
EUR
380,000
(c)
Netherlands
Government
International
Bond
0
.000
01/15/52
202
AUD
500,000
New
South
Wales
Treasury
Corp
4
.000
05/20/26
326
AUD
2,690,000
New
South
Wales
Treasury
Corp
3
.000
04/20/29
1,671
NZD
1,175,000
New
Zealand
Government
International
Bond
2
.750
04/15/25
685
NZD
2,650,000
New
Zealand
Government
International
Bond
3
.500
04/14/33
1,461
925,000
(c)
Nigeria
Government
International
Bond
8
.375
03/24/29
901
NOK
17,250,000
(c)
Norway
Government
International
Bond
2
.000
04/26/28
1,495
1,100,000
(c)
Oman
Government
International
Bond
6
.000
08/01/29
1,123
2,400,000
(c)
Oman
Government
International
Bond
6
.250
01/25/31
2,481
3,575,000
(c)
OPEC
Fund
for
International
Development
4
.500
01/26/26
3,530
5,400,000
Panama
Bonos
del
Tesoro
3
.362
06/30/31
4,279
500,000
(i)
Panama
Government
International
Bond
8
.000
03/01/38
524
2,025,000
Panama
Government
International
Bond
4
.300
04/29/53
1,311
3,150,000
Panama
Notas
del
Tesoro
3
.750
04/17/26
3,012
750,000
(c)
Paraguay
Government
International
Bond
6
.000
02/09/36
759
1,000,000
(c)
Paraguay
Government
International
Bond
6
.100
08/11/44
969
1,100,000
(c)
Perusahaan
Penerbit
SBSN
Indonesia
III
4
.700
06/06/32
1,078
3,000,000
Peruvian
Government
International
Bond
1
.862
12/01/32
2,284
1,970,000
Peruvian
Government
International
Bond
3
.000
01/15/34
1,612
PEN
3,515,000
(c)
Peruvian
Government
International
Bond
5
.400
08/12/34
813
6,170,000
Philippine
Government
International
Bond
4
.200
03/29/47
5,193
CAD
875,000
Province
of
Ontario
Canada
2
.150
06/02/31
574
CAD
875,000
Province
of
Ontario
Canada
1
.900
12/02/51
399
CAD
650,000
Province
of
Quebec
Canada
2
.750
09/01/27
462
6,000,000
Province
of
Quebec
Canada
7
.500
09/15/29
6,852
2,050,000
(c)
Qatar
Government
International
Bond
3
.750
04/16/30
1,966
EUR
425,000
(c)
Republic
of
Cameroon
International
Bond
5
.950
07/07/32
353
500,000
(c)
Republic
of
Guatemala
4
.650
10/07/41
401
7,000,000
Republic
of
Italy
Government
International
Bond
4
.000
10/17/49
5,196
2,000,000
(c)
Republic
of
Kenya
Government
International
Bond
9
.750
02/16/31
2,047
PLN
5,650,000
Republic
of
Poland
Government
International
Bond
5
.750
04/25/29
1,439
1,425,000
Republic
of
Poland
Government
International
Bond
5
.750
11/16/32
1,490
PLN
3,700,000
Republic
of
Poland
Government
International
Bond
6
.000
10/25/33
965
550,000
Republic
of
Poland
Government
International
Bond
5
.125
09/18/34
548
247
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,795,000
Republic
of
Poland
Government
International
Bond
5
.500
%
04/04/53
$
2,783
200,000
Republic
of
South
Africa
Government
International
Bond
5
.875
04/20/32
180
ZAR
18,725,000
Republic
of
South
Africa
Government
International
Bond
8
.875
02/28/35
788
ZAR
15,100,000
Republic
of
South
Africa
Government
International
Bond
8
.750
01/31/44
558
2,800,000
Republic
of
South
Africa
Government
International
Bond
5
.375
07/24/44
2,023
350,000
Republic
of
South
Africa
Government
International
Bond
7
.300
04/20/52
303
UZS
5,708,925,000
(c)
Republic
of
Uzbekistan
International
Bond
14
.000
07/19/24
448
1,485,000
(c)
Republic
of
Uzbekistan
International
Bond
7
.850
10/12/28
1,552
RON
5,655,000
Romanian
Government
International
Bond
8
.000
04/29/30
1,323
1,850,000
(c)
Romanian
Government
International
Bond
3
.000
02/14/31
1,550
EUR
600,000
(c)
Romanian
Government
International
Bond
2
.000
01/28/32
514
EUR
500,000
(c)
Romanian
Government
International
Bond
2
.000
04/14/33
413
3,300,000
(c)
Romanian
Government
International
Bond
4
.000
02/14/51
2,330
3,125,000
(c)
Rwanda
International
Government
Bond
5
.500
08/09/31
2,526
1,425,000
(c)
Saudi
Government
International
Bond
3
.250
10/26/26
1,366
5,650,000
(c)
Saudi
Government
International
Bond
3
.750
01/21/55
4,068
EUR
325,000
(c)
Senegal
Government
International
Bond
4
.750
03/13/28
315
EUR
425,000
(c)
Senegal
Government
International
Bond
5
.375
06/08/37
332
1,000,000
(c)
Senegal
Government
International
Bond
6
.750
03/13/48
740
EUR
1,250,000
(c)
Serbia
Government
International
Bond
1
.500
06/26/29
1,137
760,000
(c)
Serbia
Government
International
Bond
6
.500
09/26/33
774
3,450,000
(c)
Serbia
International
Bond
2
.125
12/01/30
2,730
EUR
525,000
(c)
Serbia
International
Bond
1
.650
03/03/33
423
RSD
96,000,000
Serbia
Treasury
Bonds
5
.875
02/08/28
911
RSD
31,700,000
Serbia
Treasury
Bonds
4
.500
08/20/32
264
2,000,000
South
Africa
Government
International
Bond
5
.875
09/16/25
1,992
EUR
2,550,000
(c)
Spain
Government
International
Bond
2
.750
10/31/24
2,734
EUR
845,000
(c)
Spain
Government
International
Bond
1
.400
07/30/28
860
EUR
1,475,000
(c)
Spain
Government
International
Bond
0
.600
10/31/29
1,409
EUR
625,000
(c)
Spain
Government
International
Bond
0
.100
04/30/31
554
EUR
2,350,000
(c)
Spain
Government
International
Bond
1
.200
10/31/40
1,800
EUR
1,000,000
(c)
Spain
Government
International
Bond
1
.900
10/31/52
737
3,100,000
State
of
Israel
3
.375
01/15/50
2,081
THB
9,000,000
Thailand
Government
International
Bond
1
.585
12/17/35
221
THB
24,400,000
Thailand
Government
International
Bond
3
.300
06/17/38
712
EUR
750,000
Turkiye
Government
International
Bond
5
.875
05/21/30
808
1,850,000
Turkiye
Government
International
Bond
7
.625
05/15/34
1,855
EUR
1,000,000
(c)
Ukraine
Government
International
Bond
6
.750
06/20/28
322
EUR
500,000
UNEDIC
ASSEO
0
.250
07/16/35
400
GBP
485,000
United
Kingdom
Gilt
0
.125
01/31/28
531
GBP
1,220,000
United
Kingdom
Gilt
1
.625
10/22/28
1,402
GBP
425,000
United
Kingdom
Gilt
0
.500
01/31/29
458
GBP
440,000
United
Kingdom
Gilt
3
.250
01/31/33
530
GBP
550,000
United
Kingdom
Gilt
0
.875
07/31/33
531
GBP
760,000
United
Kingdom
Gilt
4
.625
01/31/34
1,012
GBP
2,665,000
United
Kingdom
Gilt
1
.750
09/07/37
2,541
GBP
900,000
United
Kingdom
Gilt
3
.750
01/29/38
1,084
GBP
275,000
United
Kingdom
Gilt
1
.250
10/22/41
217
GBP
575,000
United
Kingdom
Gilt
1
.500
07/22/47
422
GBP
800,000
United
Kingdom
Gilt
4
.250
12/07/49
986
GBP
1,875,000
United
Kingdom
Gilt
0
.625
10/22/50
988
GBP
1,475,000
United
Kingdom
Gilt
1
.500
07/31/53
983
5,280,000
Uruguay
Government
International
Bond
4
.375
01/23/31
5,162
UYU
20,300,000
Uruguay
Government
International
Bond
8
.250
05/21/31
515
1,400,000
Uruguay
Government
International
Bond
5
.100
06/18/50
1,355
TOTAL
FOREIGN
GOVERNMENT
BONDS
375,492
MORTGAGE
BACKED
-
24.1%
CREF
Core
Bond
Account
March
31,
2024
248
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
5,176,000
(a),(c)
Angel
Oak
Mortgage
Trust
2
.837
%
11/25/66
$
3,609
6,396,751
(a),(c)
Bayview
MSR
Opportunity
Master
Fund
Trust
3
.000
10/25/51
5,307
77,211,084
(a),(c)
Citigroup
Mortgage
Loan
Trust
0
.156
02/25/52
646
8,656,777
(a),(c)
Citigroup
Mortgage
Loan
Trust
0
.250
02/25/52
116
6,591,056
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
1.900%
7
.220
12/25/41
6,645
4,960,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.500%
9
.820
01/25/42
5,222
19,340,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.100%
8
.420
03/25/42
20,130
23,635,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.650%
9
.971
06/25/42
25,727
340,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.350%
8
.670
01/25/43
359
915,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
6.850%
12
.171
06/25/43
1,017
3,960,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.900%
9
.188
07/25/43
4,172
4,960,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.550%
8
.870
10/25/43
5,169
13,460,805
Fannie
Mae
Pool
3
.000
05/01/52
11,709
3,545,809
(a)
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
30
D
AVG
SOFR
+
5.806%
0
.487
03/15/44
277
8,609,524
FHLMC
3
.500
01/15/47
7,543
1,682,184
FHLMC
4
.000
10/15/47
1,556
1,535,056
FHLMC
4
.000
11/15/47
1,409
8,791,345
FHLMC
4
.000
01/15/48
8,224
8,466,291
FHLMC
4
.000
03/15/48
7,799
2,467,983
FHLMC
4
.000
04/15/48
2,296
5,367,200
FHLMC
4
.000
04/15/48
4,877
7,536,866
(a)
FHLMC
30
D
AVG
SOFR
+
9.737%
1
.227
06/15/48
6,704
5,625,203
(a)
FHLMC
30
D
AVG
SOFR
+
9.657%
1
.147
10/15/48
4,948
12,411,976
FHLMC
3
.000
11/01/49
10,896
4,842,228
FHLMC
2
.000
09/25/50
627
13,505,044
FHLMC
3
.000
09/25/50
9,480
6,840,672
FHLMC
3
.000
10/25/50
4,731
34,988,234
FHLMC
2
.500
02/25/51
5,891
8,481,427
FHLMC
2
.500
05/25/51
5,347
9,556,689
FHLMC
2
.500
11/01/51
7,925
30,839,599
FHLMC
3
.000
11/01/51
27,113
4,462,828
FHLMC
3
.000
11/01/51
3,904
2,730,883
FHLMC
3
.000
11/01/51
2,412
3,961,313
FHLMC
3
.000
11/01/51
3,483
15,567,382
FHLMC
2
.500
01/01/52
12,904
32,267,969
FHLMC
2
.500
02/01/52
26,999
7,020,170
FHLMC
3
.000
02/01/52
6,047
22,068,593
FHLMC
2
.500
03/01/52
18,465
9,467,159
FHLMC
3
.000
03/01/52
8,154
12,759,932
FHLMC
2
.500
04/01/52
10,592
6,636,626
FHLMC
4
.000
04/01/52
6,156
11,083,313
FHLMC
3
.000
06/01/52
9,544
1,207,810
FHLMC
3
.500
06/01/52
1,085
16,554,392
FHLMC
4
.500
06/01/52
15,763
15,993,805
FHLMC
4
.500
07/01/52
15,229
3,377,473
FHLMC
4
.000
08/25/52
2,751
3,568,200
FHLMC
3
.000
10/01/52
3,071
6,279,111
FHLMC
4
.500
10/25/52
5,745
29,893,095
FHLMC
6
.000
11/01/52
30,246
7,587,498
FHLMC
5
.500
11/25/52
7,483
3,608,599
FHLMC
5
.500
02/25/53
3,584
22,382,656
FHLMC
5
.500
08/01/53
22,280
5,412
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
8
.000
01/01/31
5
3,780
FGLMC
7
.000
01/01/32
4
195,347
FGLMC
4
.500
07/01/33
191
1,339,181
FGLMC
7
.000
12/01/33
1,382
348,263
FGLMC
4
.500
10/01/34
338
261,786
FGLMC
4
.500
04/01/35
256
355,123
FGLMC
7
.000
05/01/35
367
1,108,221
FGLMC
5
.000
06/01/36
1,115
400,871
FGLMC
5
.000
07/01/39
401
53,661
FGLMC
4
.500
12/01/43
53
249
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
30,926
FGLMC
4
.500
%
02/01/44
$
30
997,730
FGLMC
4
.500
10/01/44
970
511,129
FGLMC
4
.500
11/01/44
497
927,027
FGLMC
4
.500
11/01/44
901
562,245
FGLMC
4
.500
12/01/44
547
541,172
FGLMC
4
.500
12/01/44
526
3,026,316
FGLMC
3
.500
04/01/45
2,794
438,228
FGLMC
4
.500
05/01/45
420
13,179,607
(b)
FGLMC
3
.500
08/01/45
12,135
1,342,541
FGLMC
4
.500
06/01/47
1,307
2,234,046
FGLMC
4
.000
09/01/47
2,110
2,303,802
FGLMC
3
.500
12/01/47
2,109
8,303,900
FGLMC
4
.500
08/01/48
8,102
3,839,685
FGLMC
4
.500
10/01/48
3,735
6,191,495
FGLMC
3
.500
11/01/48
5,668
449
Federal
National
Mortgage
Association
(FNMA)
8
.000
07/01/24
0
^
604
FNMA
9
.000
11/01/25
1
1,735,852
FNMA
3
.500
05/01/32
1,675
10,768,544
FNMA
3
.000
10/01/32
10,169
187,540
FNMA
4
.500
10/01/33
183
343,003
FNMA
4
.500
05/01/35
334
2,134,026
FNMA
5
.000
05/01/35
2,145
1,006,070
FNMA
5
.000
10/01/35
1,011
843,647
FNMA
5
.000
02/01/36
848
2,539,096
FNMA
5
.500
11/01/38
2,592
910,335
FNMA
3
.000
10/01/39
821
11,126,854
FNMA
3
.000
05/01/40
10,016
1,441,021
FNMA
5
.000
09/01/40
1,438
3,167,733
FNMA
5
.000
05/01/41
3,157
8,420,393
FNMA
4
.000
09/01/42
7,986
6,616,891
FNMA
3
.500
04/01/43
6,078
5,715,960
FNMA
3
.500
09/01/43
5,266
4,671,620
(a)
FNMA
30
D
AVG
SOFR
+
5.836%
0
.515
09/25/43
495
5,971,049
FNMA
4
.500
03/01/44
5,856
27,926,077
FNMA
4
.000
05/01/44
26,519
2,616,437
FNMA
4
.500
06/01/44
2,540
2,717,362
FNMA
4
.500
10/01/44
2,638
4,389,808
FNMA
4
.500
11/01/44
4,262
1,353,225
FNMA
5
.000
11/01/44
1,356
1,592,475
FNMA
4
.500
12/01/44
1,546
1,833,744
FNMA
4
.000
01/01/45
1,739
491,283
FNMA
4
.500
03/01/45
477
261,231
FNMA
4
.500
04/01/45
254
6,176,337
FNMA
3
.500
05/01/45
5,681
2,942,555
FNMA
3
.000
07/25/45
2,572
7,829,670
FNMA
3
.500
01/01/46
7,168
897,834
FNMA
4
.000
04/01/46
851
6,389,891
FNMA
3
.500
06/01/46
5,848
8,057,541
FNMA
3
.500
07/01/46
7,374
13,899,414
FNMA
3
.500
07/01/46
12,774
1,359,425
FNMA
3
.000
10/01/46
1,174
7,785,081
FNMA
3
.500
10/01/46
7,122
3,235,509
FNMA
4
.500
05/01/47
3,173
334,455
FNMA
3
.000
11/01/47
289
6,008,445
FNMA
3
.500
11/01/47
5,508
12,731,378
FNMA
3
.500
01/01/48
11,642
5,287,997
FNMA
4
.500
01/01/48
5,138
4,529,358
FNMA
4
.500
02/01/48
4,401
5,912,251
FNMA
3
.500
02/25/48
4,982
3,442,441
FNMA
4
.500
05/01/48
3,345
2,510,687
FNMA
4
.500
05/01/48
2,439
4,223,335
FNMA
4
.000
07/25/48
3,890
CREF
Core
Bond
Account
March
31,
2024
250
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
442,336
FNMA
3
.000
%
06/01/49
$
378
16,510,622
FNMA
3
.000
07/01/50
14,490
11,270,734
FNMA
2
.000
08/25/50
1,462
9,090,314
FNMA
2
.000
10/25/50
6,030
29,591,897
FNMA
2
.500
11/25/50
4,169
9,926,135
FNMA
3
.000
12/25/50
1,607
3,709,644
FNMA
3
.000
02/25/51
591
10,948,263
FNMA
3
.000
09/01/51
9,580
10,158,704
(b)
FNMA
2
.500
11/01/51
8,418
11,389,978
FNMA
2
.500
11/25/51
1,444
67,989,101
FNMA
2
.500
12/01/51
56,601
27,440,896
FNMA
2
.500
02/01/52
22,954
25,524,068
FNMA
2
.500
02/01/52
21,372
9,088,681
FNMA
2
.500
02/01/52
7,574
16,006,686
FNMA
3
.000
02/01/52
13,775
11,979,682
FNMA
3
.500
02/01/52
10,866
41,929,583
FNMA
3
.000
04/01/52
36,477
16,986,929
FNMA
3
.000
04/01/52
14,722
9,935,801
FNMA
3
.000
04/01/52
8,559
41,131,200
FNMA
4
.000
05/01/52
38,151
3,433,211
FNMA
4
.000
05/25/52
2,724
10,238,110
FNMA
3
.000
06/01/52
8,810
47,251,430
FNMA
3
.500
06/01/52
42,451
25,371,345
FNMA
3
.500
06/01/52
22,720
28,803,508
FNMA
4
.000
06/01/52
26,717
7,688,081
FNMA
4
.500
06/01/52
7,321
53,274,562
FNMA
4
.000
07/01/52
49,400
15,563,663
FNMA
4
.000
07/01/52
14,435
7,429,425
FNMA
4
.500
07/01/52
7,075
8,242,518
FNMA
4
.500
07/01/52
7,849
5,054,847
FNMA
4
.500
07/01/52
4,813
9,571,469
FNMA
4
.500
07/25/52
8,762
49,637,412
FNMA
5
.000
08/01/52
48,474
5,604,211
FNMA
4
.500
08/25/52
4,712
5,489,725
FNMA
2
.500
09/01/52
4,544
123,933,489
FNMA
4
.000
09/01/52
114,942
131,994,812
FNMA
4
.500
09/01/52
125,689
28,705,730
FNMA
5
.000
09/01/52
28,030
4,234,447
FNMA
4
.000
09/25/52
3,522
4,830,998
FNMA
4
.000
09/25/52
4,222
93,000,636
FNMA
4
.000
10/01/52
86,248
59,496,336
FNMA
4
.500
10/01/52
56,654
15,643,025
FNMA
5
.000
10/01/52
15,274
4,064,842
FNMA
4
.500
10/25/52
3,693
4,642,477
FNMA
4
.500
10/25/52
4,367
76,466,828
FNMA
4
.500
11/01/52
72,814
7,609,115
FNMA
5
.500
11/25/52
7,430
350,050
FNMA
5
.000
01/01/53
342
65,621,125
FNMA
5
.000
02/01/53
64,059
57,073,950
FNMA
5
.500
02/01/53
56,932
18,433,962
FNMA
6
.000
02/01/53
18,601
21,997,580
FNMA
5
.000
06/01/53
21,660
63,322,448
FNMA
5
.500
06/01/53
63,022
24,124,480
FNMA
4
.500
07/01/53
22,972
33,282,113
FNMA
5
.000
08/01/53
32,471
2,261,984
(a),(c)
Flagstar
Mortgage
Trust
3
.987
10/25/47
2,001
10,226,592
Freddie
Mac
Pool
3
.000
04/01/52
8,922
9,945,371
Government
National
Mortgage
Association
(GNMA)
3
.700
10/15/33
9,480
164,465
GNMA
5
.000
04/15/38
165
200,574
GNMA
6
.500
11/20/38
211
711,466
GNMA
5
.000
06/15/39
714
419,237
GNMA
5
.000
06/15/39
418
251
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
16,200,185
GNMA
5
.000
%
01/20/40
$
3,364
7,292,116
GNMA
4
.500
03/20/40
1,331
11,732,621
GNMA
5
.000
03/20/40
2,406
9,373,340
GNMA
3
.700
08/15/40
8,893
9,290,230
GNMA
2
.500
12/20/43
8,109
4,583,331
GNMA
3
.000
03/20/45
3,992
4,136,129
GNMA
4
.500
12/20/45
4,167
3,332,822
GNMA
4
.000
06/20/46
411
4,230,707
GNMA
5
.000
09/20/46
812
6,770,565
(a)
GNMA
SOFR
1
M
+
5.986%
0
.657
03/20/50
847
16,462,746
GNMA
3
.000
11/20/51
11,714
18,243,446
GNMA
3
.000
12/20/51
12,580
16,619,758
GNMA
3
.000
01/20/52
11,686
5,381,644
GNMA
2
.500
02/20/52
4,422
15,264,477
GNMA
3
.000
02/20/52
10,362
10,601,265
GNMA
4
.000
04/20/52
8,816
12,515,252
GNMA
5
.000
04/20/52
2,428
18,271,285
GNMA
3
.000
05/20/52
16,109
4,537,792
GNMA
3
.500
07/20/52
4,128
5,442,747
GNMA
4
.000
07/20/52
4,373
11,974,970
GNMA
4
.000
08/20/52
11,203
7,430,345
GNMA
4
.000
09/20/52
6,951
9,719,173
GNMA
4
.500
09/20/52
8,691
8,253,147
GNMA
4
.500
09/20/52
7,582
6,879,210
GNMA
4
.500
09/20/52
6,292
4,685,265
GNMA
4
.500
09/20/52
4,088
9,674,692
GNMA
5
.000
11/20/52
9,515
5,365,054
GNMA
4
.500
02/20/53
4,740
4,588,796
GNMA
5
.500
02/20/53
4,467
12,586,953
(a)
GNMA
30
D
AVG
SOFR
+
6.950%
1
.631
05/20/53
1,317
9,823,889
(a)
GNMA
30
D
AVG
SOFR
+
23.205%
2
.460
08/20/53
10,100
6,854,743
(a)
GNMA
30
D
AVG
SOFR
+
25.350%
4
.605
08/20/53
7,100
89,872,309
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
0
.148
08/25/51
714
17,243,025
(a),(c)
GS
Mortgage-Backed
Securities
Trust
2
.500
11/25/51
13,747
10,310,610
(a),(c)
GS
Mortgage-Backed
Securities
Trust
2
.500
03/25/52
8,220
4,545,685
(a),(c)
GS
Mortgage-Backed
Securities
Trust
2
.500
05/01/52
3,934
2,986,311
(a),(c)
GS
Mortgage-Backed
Securities
Trust
2
.830
05/28/52
2,394
10,742,526
(a),(c)
GS
Mortgage-Backed
Securities
Trust
3
.000
08/26/52
8,913
1,314,579
(a)
HarborView
Mortgage
Loan
Trust
SOFR
1
M
+
0.734%
6
.061
08/19/45
1,194
231,568
(a)
Impac
CMB
Trust
SOFR
1
M
+
0.774%
6
.104
03/25/35
209
1,057,175
(a),(c)
JP
Morgan
Mortgage
Trust
3
.500
05/25/47
919
1,040,726
(a),(c)
JP
Morgan
Mortgage
Trust
3
.500
10/25/48
883
213,158
(a),(c)
JP
Morgan
Mortgage
Trust
4
.000
01/25/49
195
25,288,746
(a),(c)
JP
Morgan
Mortgage
Trust
0
.126
06/25/51
168
44,429,117
(a),(c)
JP
Morgan
Mortgage
Trust
0
.111
11/25/51
264
5,112,556
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
11/25/51
4,083
44,008,632
(a),(c)
JP
Morgan
Mortgage
Trust
0
.117
12/25/51
281
6,219,993
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
12/25/51
4,967
8,346,995
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
01/25/52
6,665
9,962,919
(a),(c)
JP
Morgan
Mortgage
Trust
0
.500
04/25/52
295
8,739,291
(a),(c)
JP
Morgan
Mortgage
Trust
3
.337
04/25/52
7,261
5,592,204
(a),(c)
JP
Morgan
Mortgage
Trust
3
.337
04/25/52
4,595
10,726,333
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
06/25/52
8,552
88,672,769
(c)
JP
Morgan
Mortgage
Trust
0
.224
07/25/52
1,020
13,609,258
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
07/25/52
10,850
22,999,733
(a),(c)
JP
Morgan
Mortgage
Trust
3
.250
07/25/52
19,692
18,163,207
(a),(c)
JP
Morgan
Mortgage
Trust
3
.000
08/25/52
15,093
9,841,378
(a),(c)
JP
Morgan
Mortgage
Trust
3
.000
10/25/52
8,178
5,979,024
(a),(c)
JP
Morgan
Mortgage
Trust
3
.000
11/25/52
4,976
4,030,492
(a),(c)
JP
Morgan
Mortgage
Trust
5
.000
06/25/53
3,875
4,035,026
(a),(c)
JP
Morgan
Mortgage
Trust
5
.500
06/25/53
3,955
3,000,000
(a)
Morgan
Stanley
Capital
I
Trust
3
.779
05/15/48
2,919
CREF
Core
Bond
Account
March
31,
2024
252
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,765,920
(a),(c)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2
.500
%
08/25/51
$
6,201
5,279,188
(a),(c)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2
.500
09/25/51
4,216
1,903,239
(a),(c)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2
.500
09/25/51
1,660
949,736
(a),(c)
New
Residential
Mortgage
Loan
Trust
2
.797
09/25/59
883
1,825,000
(a),(c)
NLT
Trust
2
.569
08/25/56
1,255
5,495,212
(a),(c)
OBX
3
.000
01/25/52
4,559
14,275,810
(a),(c)
RCKT
Mortgage
Trust
2
.500
02/25/52
11,382
6,263,617
(a),(c)
RCKT
Mortgage
Trust
3
.000
05/25/52
5,205
892,809
(a),(c)
RCKT
Mortgage
Trust
4
.000
06/25/52
800
261,544
(a),(c)
Sequoia
Mortgage
Trust
4
.000
06/25/49
240
1,279,867
(a),(c)
Sequoia
Mortgage
Trust
3
.500
12/25/49
1,122
5,718,922
(a),(c)
Sequoia
Mortgage
Trust
2
.500
06/25/51
4,567
9,590,000
(a),(c)
Structured
Agency
Credit
Risk
Debt
Note
(STACR)
30
D
AVG
SOFR
+
2.400%
7
.720
02/25/42
9,777
3,480,000
(a),(c)
STACR
30
D
AVG
SOFR
+
4.750%
10
.070
02/25/42
3,712
16,690,000
(a),(c)
STACR
30
D
AVG
SOFR
+
2.900%
8
.220
04/25/42
17,281
6,630,000
(a),(c)
STACR
30
D
AVG
SOFR
+
5.650%
8
.647
04/25/42
7,198
25,280,000
(a),(c)
STACR
30
D
AVG
SOFR
+
3.350%
8
.670
05/25/42
26,452
31,100,000
(a),(c)
STACR
30
D
AVG
SOFR
+
4.500%
9
.820
06/25/42
33,682
20,340,000
(a),(c)
STACR
30
D
AVG
SOFR
+
4.000%
9
.320
07/25/42
21,663
15,170,000
(a),(c)
STACR
30
D
AVG
SOFR
+
3.700%
9
.020
09/25/42
16,101
790,000
(a),(c)
STACR
30
D
AVG
SOFR
+
3.100%
8
.444
03/25/43
830
1,215,000
(a),(c)
STACR
30
D
AVG
SOFR
+
3.250%
8
.570
04/25/43
1,277
140,861
(a),(c)
STACR
3
.789
02/25/48
132
29,416
(a),(c)
STACR
3
.842
05/25/48
28
7,430,000
(a),(c)
STACR
30
D
AVG
SOFR
+
4.800%
10
.120
10/25/50
8,355
2,070,000
(a),(c)
Verus
Securitization
Trust
3
.207
11/25/59
1,856
955,859
(c)
Verus
Securitization
Trust
1
.733
05/25/65
897
4,509,885
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3
.000
08/25/51
3,745
5,310,285
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3
.313
08/25/51
4,387
TOTAL
MORTGAGE
BACKED
2,582,456
MUNICIPAL
BONDS
-
2.9%
2,975,000
Chicago
Housing
Authority
3
.682
01/01/25
2,939
245,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
3
.264
09/01/25
239
1,000,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4
.038
09/01/34
919
845,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
3
.750
09/01/37
739
2,000,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4
.000
09/01/48
1,628
3,995,000
City
of
Los
Angeles
CA
Wastewater
System
Revenue
4
.029
06/01/39
3,644
4,940,000
City
of
New
York
NY
3
.200
12/01/26
4,749
1,575,000
City
of
San
Antonio
TX
Customer
Facility
Charge
Revenue
4
.353
07/01/25
1,552
4,055,000
Commonwealth
Financing
Authority
3
.864
06/01/38
3,703
19,355,000
Commonwealth
Financing
Authority
3
.807
06/01/41
16,658
3,500,000
County
of
Miami-Dade
FL
Aviation
Revenue
2
.504
10/01/24
3,451
4,365,000
County
of
Miami-Dade
FL
Aviation
Revenue
2
.604
10/01/25
4,209
2,375,000
County
of
Miami-Dade
FL
Aviation
Revenue
3
.505
10/01/25
2,321
2,500,000
County
of
Miami-Dade
FL
Aviation
Revenue
2
.704
10/01/26
2,375
3,940,000
County
of
Miami-Dade
FL
Aviation
Revenue
3
.049
10/01/26
3,774
3,750,000
County
of
Miami-Dade
FL
Aviation
Revenue
3
.612
10/01/26
3,641
4,700,000
County
of
Miami-Dade
FL
Aviation
Revenue
2
.529
10/01/30
4,140
3,730,000
County
of
Miami-Dade
FL
Aviation
Revenue
3
.732
10/01/37
3,263
3,900,000
County
of
Miami-Dade
FL
Aviation
Revenue
3
.982
10/01/41
3,349
9,160,000
County
of
Miami-Dade
FL
Aviation
Revenue
4
.280
10/01/41
8,364
2,000,000
Duke
University
3
.199
10/01/38
1,638
5,080,000
Illinois
Finance
Authority
3
.944
08/15/47
4,202
4,805,000
Los
Angeles
County
Redevelopment
Refunding
Authority
Redev
Agency
Successor
Agy
3
.375
09/01/35
4,133
1,000,000
New
York
City
Housing
Development
Corp
3
.650
05/01/24
999
5,680,000
New
York
State
Dormitory
Authority
3
.998
07/01/39
5,200
253
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
10,605,000
New
York
State
Dormitory
Authority
4
.294
%
07/01/44
$
9,771
6,000,000
New
York
State
Dormitory
Authority
3
.879
07/01/46
5,013
5,000,000
New
York
State
Thruway
Authority
2
.256
01/01/25
4,891
6,460,000
New
York
State
Thruway
Authority
2
.406
01/01/26
6,181
4,750,000
New
York
State
Thruway
Authority
2
.500
01/01/27
4,471
1,500,000
Port
of
Corpus
Christi
Authority
of
Nueces
County
3
.387
12/01/24
1,481
1,000,000
Port
of
Corpus
Christi
Authority
of
Nueces
County
3
.487
12/01/25
975
1,910,000
Public
Finance
Authority
4
.269
07/01/40
1,731
6,360,000
San
Jose
Redevelopment
Agency
Successor
Agency
3
.375
08/01/34
5,749
13,060,000
State
of
California
4
.600
04/01/38
12,634
10,500,000
State
of
Illinois
3
.150
06/15/26
10,120
12,500,000
State
of
Illinois
3
.250
06/15/27
11,950
27,150,000
State
of
Illinois
5
.100
06/01/33
26,978
9,700,000
State
of
Oregon
Department
of
Administrative
Services
4
.103
05/01/39
8,712
9,900,000
State
of
Wisconsin
3
.154
05/01/27
9,501
25,860,000
University
of
California
3
.063
07/01/25
25,289
17,045,000
University
of
California
3
.931
05/15/45
15,751
21,000,000
University
of
Chicago
4
.151
10/01/45
18,080
7,620,000
University
of
Massachusetts
Building
Authority
3
.097
11/01/35
6,480
13,000,000
University
of
Massachusetts
Building
Authority
3
.434
11/01/40
10,654
20,000,000
University
of
New
Mexico
3
.532
06/20/32
19,004
2,160,000
Virginia
Port
Authority
4
.228
07/01/36
2,036
390,000
Washington
Convention
&
Sports
Authority
3
.969
10/01/30
373
TOTAL
MUNICIPAL
BONDS
309,654
U.S.
TREASURY
SECURITIES
-
18.5%
4,500,000
United
States
Treasury
Bond
4
.750
02/15/37
4,786
22,750,000
United
States
Treasury
Bond
3
.500
02/15/39
20,901
12,050,000
United
States
Treasury
Bond
3
.875
08/15/40
11,374
20,935,000
United
States
Treasury
Bond
4
.375
05/15/41
20,895
6,000,000
United
States
Treasury
Bond
2
.750
11/15/42
4,696
35,680,000
United
States
Treasury
Bond
3
.000
05/15/45
28,446
41,710,000
United
States
Treasury
Bond
2
.875
08/15/45
32,467
52,140,000
United
States
Treasury
Bond
2
.500
05/15/46
37,614
1,075,000
United
States
Treasury
Bond
3
.000
05/15/47
844
30,710,000
United
States
Treasury
Bond
2
.750
11/15/47
22,946
6,155,000
United
States
Treasury
Bond
3
.125
05/15/48
4,923
51,995,000
United
States
Treasury
Bond
3
.000
08/15/48
40,581
20,120,000
United
States
Treasury
Bond
3
.375
11/15/48
16,814
12,930,000
United
States
Treasury
Note
5
.000
09/30/25
12,962
2,205,000
United
States
Treasury
Note
0
.250
10/31/25
2,054
10,000,000
United
States
Treasury
Note
4
.875
11/30/25
10,014
825,000
United
States
Treasury
Note
4
.250
12/31/25
818
156,485,000
United
States
Treasury
Note
4
.000
02/15/26
154,541
2,765,000
United
States
Treasury
Note
4
.625
03/15/26
2,763
4,215,000
United
States
Treasury
Note
4
.500
07/15/26
4,209
2,950,000
United
States
Treasury
Note
4
.625
09/15/26
2,957
700,000
United
States
Treasury
Note
4
.625
10/15/26
702
6,610,000
United
States
Treasury
Note
4
.375
12/15/26
6,594
2,270,000
United
States
Treasury
Note
4
.000
01/15/27
2,243
29,800,000
United
States
Treasury
Note
0
.500
10/31/27
26,023
255,364,000
United
States
Treasury
Note
3
.500
04/30/28
247,713
1,250,000
United
States
Treasury
Note
1
.250
09/30/28
1,097
334,851,000
(d)
United
States
Treasury
Note
4
.250
02/28/29
335,296
116,445,000
United
States
Treasury
Note
3
.500
04/30/30
111,896
2,312,500
United
States
Treasury
Note
4
.000
07/31/30
2,282
5,650,000
United
States
Treasury
Note
4
.375
11/30/30
5,697
50,000,000
United
States
Treasury
Note
3
.750
12/31/30
48,615
67,550,000
United
States
Treasury
Note
4
.000
01/31/31
66,663
135,706,000
United
States
Treasury
Note
4
.000
02/15/34
133,458
10,000,000
United
States
Treasury
Note
1
.125
08/15/40
6,190
85,325,800
United
States
Treasury
Note
2
.375
02/15/42
63,464
CREF
Core
Bond
Account
March
31,
2024
254
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
26,721,000
United
States
Treasury
Note
3
.250
%
05/15/42
$
22,714
91,758,000
United
States
Treasury
Note
3
.375
08/15/42
79,256
54,100,000
United
States
Treasury
Note
3
.875
02/15/43
50,011
49,620,000
United
States
Treasury
Note
3
.875
05/15/43
45,796
9,560,000
United
States
Treasury
Note
4
.375
08/15/43
9,447
13,535,000
United
States
Treasury
Note
4
.750
11/15/43
14,040
256,002,000
United
States
Treasury
Note
2
.250
02/15/52
168,391
44,786,000
United
States
Treasury
Note
3
.625
02/15/53
39,328
61,707,000
United
States
Treasury
Note
4
.750
11/15/53
65,872
TOTAL
U.S.
TREASURY
SECURITIES
1,990,393
TOTAL
GOVERNMENT
BONDS
5,291,778
(Cost
$5,669,527)
STRUCTURED
ASSETS
-
15.7%
ASSET
BACKED
-
5.0%
1,000,000
(c)
Affirm
Asset
Securitization
Trust
6
.820
09/15/28
1,015
Series
-
2023
B
(Class
A)
5,000,000
(a),(c)
AGL
CLO
19
Ltd
SOFR
3
M
+
2.750%
8
.068
07/21/35
5,015
Series
-
2022
19A
(Class
B1)
7,100,000
(a),(c)
AIMCO
CLO
16
Ltd
SOFR
3
M
+
1.912%
7
.228
01/17/35
7,104
Series
-
2021
16A
(Class
B)
7,500,000
(a),(c)
AIMCO
CLO
Series
SOFR
3
M
+
1.762%
7
.079
04/20/34
7,494
Series
-
2017
AA
(Class
BR)
4,120,000
AmeriCredit
Automobile
Receivables
Trust
2
.130
03/18/26
4,023
Series
-
2020
2
(Class
D)
6,190,000
AmeriCredit
Automobile
Receivables
Trust
1
.490
09/18/26
5,924
Series
-
2020
3
(Class
D)
3,499,000
(c)
AMSR
Trust
3
.148
01/19/39
3,268
Series
-
2019
SFR1
(Class
C)
3,347,000
(c)
AMSR
Trust
3
.247
01/19/39
3,114
Series
-
2019
SFR1
(Class
D)
74,236
(c)
Asset
Backed
Funding
Corp
NIM
Trust
5
.900
07/26/35
0
^
Series
-
2005
WMC1
(Class
N1)
9,500,000
(c)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
1
.380
08/20/27
8,728
Series
-
2021
1A
(Class
A)
4,400,000
(c)
BHG
Securitization
Trust
1
.670
10/17/34
4,090
Series
-
2021
B
(Class
B)
1,442,733
(c)
BRE
Grand
Islander
Timeshare
Issuer
LLC
3
.280
09/26/33
1,387
Series
-
2019
A
(Class
A)
EUR
725,926
(a),(c)
Bruegel
2021
DAC
EURIBOR
3
M
+
2.470%
6
.413
05/22/31
714
Series
-
2021
1A
(Class
D)
1,500,000
(a),(c)
BX
Trust
SOFR
1
Month
+
3.339%
8
.664
05/15/38
1,521
Series
-
2023
DELC
(Class
B)
5,684,846
(c)
Capital
Automotive
REIT
1
.440
08/15/51
5,083
Series
-
2021
1A
(Class
A1)
4,204,444
(c)
Capital
Automotive
REIT
1
.920
08/15/51
3,736
Series
-
2021
1A
(Class
A3)
9,737,500
(c)
Cars
Net
Lease
Mortgage
Notes
Series
2
.010
12/15/50
8,480
Series
-
2020
1A
(Class
A1)
3,917,905
Carvana
Auto
Receivables
Trust
0
.970
03/10/28
3,736
Series
-
2021
N2
(Class
A2)
181,242
Carvana
Auto
Receivables
Trust
1
.270
03/10/28
170
Series
-
2021
N2
(Class
D)
EUR
595,590
(a),(c)
Cassia
SRL
EURIBOR
3
M
+
3.500%
7
.443
05/22/34
604
Series
-
2022
1A
(Class
B)
4,150,000
(a),(c)
Cayuga
Park
CLO
Ltd
SOFR
3
M
+
1.912%
1
.000
07/17/34
4,153
Series
-
2020
1A
(Class
B1R)
412,783
(a)
C-BASS
Trust
SOFR
1
M
+
0.274%
3
.523
07/25/36
396
Series
-
2006
CB6
(Class
A1)
255
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
428,194
(a)
Chase
Funding
Mortgage
Loan
Asset-Backed
Certificates
5
.700
%
02/26/35
$
397
Series
-
2004
2
(Class
1M2)
1,142,180
(a),(c)
CIFC
Funding
Ltd
SOFR
3
M
+
1.482%
6
.799
07/20/30
1,143
Series
-
2017
3A
(Class
A1)
2,000,000
(a),(c)
CIFC
Funding
Ltd
SOFR
3
Month
+
1.862%
7
.178
11/16/30
2,001
Series
-
2017
5A
(Class
A2)
5,500,000
(a),(c)
CIFC
Funding
Ltd
SOFR
3
M
+
3.000%
8
.318
10/22/35
5,539
Series
-
2022
7A
(Class
B1)
20,483
CIT
Group
Home
Equity
Loan
Trust
(Step
Bond)
6
.200
02/25/30
20
Series
-
2002
1
(Class
AF6)
6,520,000
(a)
Citibank
Credit
Card
Issuance
Trust
SOFR
1
Month
+
0.884%
6
.210
05/14/29
6,577
Series
-
2017
A6
(Class
A6)
2,500,000
(a)
COMM
Mortgage
Trust
3
.926
03/10/48
2,319
Series
-
2015
CR22
(Class
B)
7,859,650
(c)
DB
Master
Finance
LLC
4
.021
05/20/49
7,606
Series
-
2019
1A
(Class
A2II)
36,656,250
(c)
DB
Master
Finance
LLC
2
.045
11/20/51
33,549
Series
-
2021
1A
(Class
A2I)
28,934,000
(c)
DB
Master
Finance
LLC
2
.493
11/20/51
25,501
Series
-
2021
1A
(Class
A2II)
251,698
(c)
Diamond
Resorts
Owner
Trust
2
.700
11/21/33
239
Series
-
2021
1A
(Class
C)
27,789,188
(c)
Domino's
Pizza
Master
Issuer
LLC
2
.662
04/25/51
24,716
Series
-
2021
1A
(Class
A2I)
3,800,000
(a),(c)
Dryden
49
Senior
Loan
Fund
SOFR
3
M
+
1.862%
7
.160
07/18/30
3,802
Series
-
2017
49A
(Class
BR)
893,520
(c)
DT
Auto
Owner
Trust
0
.840
10/15/26
887
Series
-
2021
1A
(Class
C)
539,047
(a),(c)
Ellington
Loan
Acquisition
Trust
SOFR
1
M
+
1.214%
6
.544
05/25/37
534
Series
-
2007
2
(Class
A2C)
959,792
(c)
FCI
Funding
LLC
1
.130
04/15/33
951
Series
-
2021
1A
(Class
A)
4,367,170
(c)
FNA
VI
LLC
1
.350
01/10/32
4,029
Series
-
2021
1A
(Class
A)
992,986
(a),(c)
Gracie
Point
International
Funding
LLC
7
.308
09/01/26
1,000
Series
-
2023
1A
(Class
A)
13,000,000
(a),(c)
Gracie
Point
International
Funding
LLC
7
.058
03/01/28
13,034
Series
-
2024
1A
(Class
A)
4,000,000
(c)
GSCG
Trust
2
.936
09/06/34
3,100
Series
-
2019
600C
(Class
A)
214,513
(c)
HERO
Funding
Trust
3
.280
09/20/48
187
Series
-
2017
2A
(Class
A1)
429,025
(c)
HERO
Funding
Trust
4
.070
09/20/48
384
Series
-
2017
2A
(Class
A2)
24,000,000
(c)
Hertz
Vehicle
Financing
LLC
1
.210
12/26/25
23,432
Series
-
2021
1A
(Class
A)
2,113,184
(c)
Hilton
Grand
Vacations
Trust
2
.340
07/25/33
2,021
Series
-
2019
AA
(Class
A)
307,347
(a)
Home
Equity
Asset
Trust
SOFR
1
M
+
1.614%
3
.986
06/25/33
293
Series
-
2003
1
(Class
M1)
1,499,931
(a),(c)
Invitation
Homes
Trust
SOFR
1
M
+
1.364%
6
.690
01/17/38
1,502
Series
-
2018
SFR4
(Class
B)
2,178,517
(c)
JG
Wentworth
XXII
LLC
3
.820
12/15/48
2,176
Series
-
2010
3A
(Class
A)
5,000,000
(a),(c)
KKR
Clo
32
Ltd
SOFR
3
Month
+
2.012%
7
.326
01/15/32
5,005
Series
-
2020
32A
(Class
B)
3,500,000
(a),(c)
Madison
Park
Funding
LV
Ltd
SOFR
3
M
+
2.900%
8
.198
07/18/35
3,515
Series
-
2022
55A
(Class
B1)
5,500,000
(a),(c)
Madison
Park
Funding
XXI
Ltd
SOFR
3
Month
+
1.912%
7
.226
10/15/32
5,505
Series
-
2016
21A
(Class
A2RR)
530,000
(a),(c)
Magnetite
XVIII
Ltd
SOFR
3
M
+
1.762%
7
.069
11/15/28
530
Series
-
2016
18A
(Class
BR)
CREF
Core
Bond
Account
March
31,
2024
256
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,500,000
(a),(c)
Massachusetts
St
SOFR
3
M
+
1.912%
7
.226
%
01/15/35
$
3,504
Series
-
2021
3A
(Class
B)
2,532,804
(c)
MVW
LLC
1
.140
01/22/41
2,356
Series
-
2021
1WA
(Class
A)
903,904
(c)
MVW
Owner
Trust
3
.450
01/21/36
896
Series
-
2018
1A
(Class
A)
1,016,113
(c)
MVW
Owner
Trust
2
.890
11/20/36
987
Series
-
2019
1A
(Class
A)
3,469,100
(c)
MVW
Owner
Trust
2
.220
10/20/38
3,296
Series
-
2019
2A
(Class
A)
2,139,248
(c)
Navient
Private
Education
Refi
Loan
Trust
1
.310
01/15/69
1,975
Series
-
2020
HA
(Class
A)
4,267,583
(c)
Navient
Private
Education
Refi
Loan
Trust
0
.840
05/15/69
3,742
Series
-
2021
A
(Class
A)
1,858,492
(c)
Navient
Student
Loan
Trust
3
.390
12/15/59
1,784
Series
-
2019
BA
(Class
A2A)
887,007
(a),(c)
Navient
Student
Loan
Trust
LIBOR
1
M
+
1.094%
6
.420
12/15/59
885
Series
-
2019
BA
(Class
A2B)
10,000,000
(a),(c)
Neuberger
Berman
CLO
Ltd
SOFR
3
Month
+
1.800%
7
.125
04/25/36
10,010
Series
-
2022
48A
(Class
B)
8,600,000
(a),(c)
Neuberger
Berman
Loan
Advisers
CLO
31
Ltd
SOFR
3
M
+
1.812%
7
.129
04/20/31
8,572
Series
-
2019
31A
(Class
BR)
1,000,000
(a),(c)
Neuberger
Berman
Loan
Advisers
Clo
43
Ltd
SOFR
3
Month
+
1.862%
7
.178
07/17/35
1,001
Series
-
2021
43A
(Class
B)
6,650,000
(a),(c)
OHA
Credit
Funding
10
Ltd
SOFR
3
M
+
1.912%
7
.210
01/18/36
6,657
Series
-
2021
10A
(Class
B)
2,250,000
(a),(c)
OHA
Credit
Funding
6
Ltd
SOFR
3
Month
+
1.912%
7
.229
07/20/34
2,253
Series
-
2020
6A
(Class
BR)
10,015,000
(c)
OneMain
Financial
Issuance
Trust
4
.890
10/14/34
9,944
Series
-
2022
2A
(Class
A)
17,350,000
(c)
OneMain
Financial
Issuance
Trust
1
.750
09/14/35
16,159
Series
-
2020
2A
(Class
A)
21,646,000
(a),(c)
OneMain
Financial
Issuance
Trust
30
D
AVG
SOFR
+
0.760%
6
.079
06/16/36
21,569
Series
-
2021
1A
(Class
A2)
1,945,926
(c)
Oportun
Funding
XIV
LLC
1
.210
03/08/28
1,882
Series
-
2021
A
(Class
A)
8,000,000
(a),(c)
Palmer
Square
CLO
Ltd
SOFR
3
Month
+
1.800%
7
.118
04/20/35
8,011
Series
-
2022
1A
(Class
B)
1,450,000
(c)
Progress
Residential
Trust
2
.711
11/17/40
1,263
Series
-
2021
SFR9
(Class
D)
3,338,231
Santander
Drive
Auto
Receivables
Trust
2
.220
09/15/26
3,318
Series
-
2020
2
(Class
D)
1,985,850
Santander
Drive
Auto
Receivables
Trust
1
.480
01/15/27
1,951
Series
-
2020
4
(Class
D)
34,000,000
Santander
Drive
Auto
Receivables
Trust
1
.670
10/15/27
32,312
Series
-
2021
4
(Class
D)
20,082,125
(c)
SERVPRO
Master
Issuer
LLC
2
.394
04/25/51
17,630
Series
-
2021
1A
(Class
A2)
1,196,630
(c)
Sierra
Timeshare
Receivables
Funding
LLC
2
.590
05/20/36
1,186
Series
-
2019
2A
(Class
A)
717,035
(c)
Sierra
Timeshare
Receivables
Funding
LLC
2
.340
08/20/36
706
Series
-
2019
3A
(Class
A)
943,205
(c)
Sierra
Timeshare
Receivables
Funding
LLC
0
.990
11/20/37
892
Series
-
2021
1A
(Class
A)
1,022,688
(c)
Sierra
Timeshare
Receivables
Funding
LLC
1
.340
11/20/37
967
Series
-
2021
1A
(Class
B)
566,983
(c)
Sierra
Timeshare
Receivables
Funding
LLC
1
.790
11/20/37
536
Series
-
2021
1A
(Class
C)
1,014,881
(c)
SMB
Private
Education
Loan
Trust
2
.430
02/17/32
994
Series
-
2016
B
(Class
A2A)
2,149,779
(c)
SMB
Private
Education
Loan
Trust
2
.880
09/15/34
2,095
Series
-
2017
A
(Class
A2A)
257
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,061,810
(c)
SMB
Private
Education
Loan
Trust
2
.820
%
10/15/35
$
2,966
Series
-
2017
B
(Class
A2A)
1,511,019
(c)
SMB
Private
Education
Loan
Trust
3
.500
02/15/36
1,466
Series
-
2018
A
(Class
A2A)
1,502,487
(c)
SoFi
Professional
Loan
Program
LLC
2
.840
01/25/41
1,464
Series
-
2017
F
(Class
A2FX)
2,523,831
(c)
SoFi
Professional
Loan
Program
LLC
2
.950
02/25/42
2,462
Series
-
2018
A
(Class
A2B)
1,332,175
(c)
SoFi
Professional
Loan
Program
LLC
3
.690
06/15/48
1,285
Series
-
2019
A
(Class
A2FX)
3,063,185
(c)
SpringCastle
America
Funding
LLC
1
.970
09/25/37
2,842
Series
-
2020
AA
(Class
A)
9,021,000
(c)
SpringCastle
America
Funding
LLC
2
.660
09/25/37
8,191
Series
-
2020
AA
(Class
B)
6,475,000
(c)
Stack
Infrastructure
Issuer
LLC
1
.893
08/25/45
6,102
Series
-
2020
1A
(Class
A2)
5,875,000
(c)
Stack
Infrastructure
Issuer
LLC
1
.877
03/26/46
5,418
Series
-
2021
1A
(Class
A2)
235,437
(a)
Structured
Asset
Investment
Loan
Trust
SOFR
1
M
+
1.014%
6
.344
09/25/34
223
Series
-
2004
8
(Class
M1)
1,781,250
(c)
Taco
Bell
Funding
LLC
4
.970
05/25/46
1,754
Series
-
2016
1A
(Class
A23)
26,399,775
(c)
Taco
Bell
Funding
LLC
1
.946
08/25/51
23,879
Series
-
2021
1A
(Class
A2I)
16,122,825
(c)
Taco
Bell
Funding
LLC
2
.294
08/25/51
14,002
Series
-
2021
1A
(Class
A2II)
1,050,000
(c)
Tesla
Auto
Lease
Trust
6
.570
08/20/27
1,063
Series
-
2023
B
(Class
B)
7,000,000
(a),(c)
TICP
CLO
VIII
Ltd
SOFR
3
M
+
1.962%
7
.279
10/20/34
7,005
Series
-
2017
8A
(Class
A2R)
1,275,000
(c)
Tricon
American
Homes
Trust
2
.049
07/17/38
1,176
Series
-
2020
SFR1
(Class
B)
19,183,826
(c)
Wendy's
Funding
LLC
2
.370
06/15/51
16,694
Series
-
2021
1A
(Class
A2I)
14,300,000
(b),(c)
Ziply
Fiber
Issuer
LLC
6
.640
04/20/54
14,309
Series
-
2024
1A
(Class
A2)
TOTAL
ASSET
BACKED
542,883
OTHER
MORTGAGE
BACKED
-
10.7%
12,000,000
(a),(c)
20
TSQ
GROUNDCO
LLC
3
.100
05/15/35
9,616
Series
-
2018
20TS
(Class
E)
73,001
(a),(c)
ACRE
Commercial
Mortgage
Ltd
SOFR
1
M
+
0.944%
6
.271
12/18/37
73
Series
-
2021
FL4
(Class
A)
1,018,198
(a),(c)
Agate
Bay
Mortgage
Trust
3
.500
09/25/45
912
Series
-
2015
6
(Class
A9)
GBP
599,776
(a)
Agora
Securities
SONIA
Interest
Rate
Benchmark
+
1.900%
7
.122
07/22/31
736
Series
-
2021
1X
(Class
C)
5,000,000
(a),(c)
Alen
Mortgage
Trust
SOFR
1
M
+
2.364%
7
.690
04/15/34
3,752
Series
-
2021
ACEN
(Class
C)
GBP
420,888
(a),(c)
Atom
Mortgage
Securities
DAC
SONIA
Interest
Rate
Benchmark
+
1.900%
7
.122
07/22/31
443
Series
-
2021
1A
(Class
D)
1,067,340
(a)
BANK
3
.950
11/15/50
930
Series
-
2017
BNK8
(Class
B)
2,500,000
(a)
BANK
4
.094
11/15/50
1,932
Series
-
2017
BNK8
(Class
C)
1,000,000
BANK
3
.093
10/17/52
863
Series
-
2019
BN21
(Class
AS)
3,800,000
BANK
3
.203
12/15/52
3,347
Series
-
2019
BN23
(Class
AS)
1,000,000
(a)
BANK
3
.851
07/15/60
883
Series
-
2017
BNK6
(Class
C)
CREF
Core
Bond
Account
March
31,
2024
258
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,641,528
BANK
2
.758
%
09/15/62
$
1,447
Series
-
2019
BN20
(Class
A2)
8,000,000
(a)
BANK
3
.283
11/15/62
7,107
Series
-
2019
BN24
(Class
AS)
1,183,000
(a)
BANK
3
.517
11/15/62
953
Series
-
2019
BN24
(Class
C)
3,400,000
(a)
BANK5
6
.268
02/15/29
3,510
Series
-
2024
5YR5
(Class
AS)
1,250,000
(a),(c)
BBCMS
Mortgage
Trust
4
.267
08/05/38
894
Series
-
2018
CHRS
(Class
E)
3,008,953
BBCMS
Mortgage
Trust
3
.488
02/15/50
2,925
Series
-
2017
C1
(Class
ASB)
4,000,000
BBCMS
Mortgage
Trust
5
.753
04/15/56
4,030
Series
-
2023
C19
(Class
A2B)
4,700,000
(a)
BBCMS
Mortgage
Trust
6
.383
07/15/56
4,887
Series
-
2023
C20
(Class
A2)
4,600,000
(a),(c)
Benchmark
Mortgage
Trust
2
.791
09/15/48
3,742
Series
-
2020
IG2
(Class
AM)
2,740,000
(a),(c)
Benchmark
Mortgage
Trust
3
.133
09/15/48
2,203
Series
-
2020
IG3
(Class
AS)
2,500,000
(a),(c)
Benchmark
Mortgage
Trust
3
.536
09/15/48
2,223
Series
-
2020
IG3
(Class
BXA)
3,000,000
(a)
Benchmark
Mortgage
Trust
4
.285
02/15/51
2,483
Series
-
2018
B2
(Class
C)
3,452,143
Benchmark
Mortgage
Trust
4
.016
03/15/52
3,230
Series
-
2019
B9
(Class
A5)
3,000,000
Benchmark
Mortgage
Trust
3
.784
05/15/52
2,698
Series
-
2019
B11
(Class
AS)
830,000
Benchmark
Mortgage
Trust
4
.241
05/15/53
788
Series
-
2018
B7
(Class
A3)
5,921,744
(a)
Benchmark
Mortgage
Trust
4
.510
05/15/53
5,714
Series
-
2018
B7
(Class
A4)
1,000,000
Benchmark
Mortgage
Trust
2
.355
07/15/54
728
Series
-
2021
B27
(Class
B)
10,000,000
(a)
Benchmark
Mortgage
Trust
2
.244
08/15/54
7,774
Series
-
2021
B28
(Class
B)
3,150,000
Benchmark
Mortgage
Trust
2
.429
08/15/54
2,553
Series
-
2021
B28
(Class
AS)
9,500,000
BMARK
AS
2
.612
09/15/54
7,735
Series
-
2021
B29
(Class
AS)
2,360,000
(c)
BWAY
Mortgage
Trust
3
.402
02/10/44
1,835
Series
-
2022
26BW
(Class
A)
5,000,000
(a),(c)
BX
Commercial
Mortgage
Trust
SOFR
1
Month
+
1.035%
6
.360
12/15/38
4,951
Series
-
2021
CIP
(Class
A)
7,500,000
(a),(c)
BX
Commercial
Mortgage
Trust
SOFR
1
Month
+
1.385%
6
.710
12/15/38
7,415
Series
-
2021
CIP
(Class
B)
1,089,077
(a),(c)
BX
TRUST
SOFR
1
M
+
2.949%
8
.274
08/15/39
1,099
Series
-
2022
PSB
(Class
B)
1,325,000
(c)
BXP
Trust
3
.459
08/13/37
1,224
Series
-
2017
CC
(Class
A)
5,000,000
(c)
BXP
Trust
2
.618
01/15/44
4,038
Series
-
2021
601L
(Class
A)
10,000,000
(a),(c)
BXP
Trust
2
.775
01/15/44
7,224
Series
-
2021
601L
(Class
C)
5,500,000
(a),(c)
BXP
Trust
2
.775
01/15/44
3,566
Series
-
2021
601L
(Class
D)
12,154,818
(c)
Capital
Automotive
REIT
2
.690
02/15/50
11,802
Series
-
2020
1A
(Class
A1)
2,634,897
CD
Mortgage
Trust
2
.622
08/10/49
2,543
Series
-
2016
CD1
(Class
ASB)
9,000,000
CD
Mortgage
Trust
2
.926
08/10/49
8,096
Series
-
2016
CD1
(Class
AM)
259
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
5,750,000
(a)
CD
Mortgage
Trust
3
.879
%
11/10/49
$
5,006
Series
-
2016
CD2
(Class
B)
1,000,000
(a)
CD
Mortgage
Trust
3
.977
11/10/49
830
Series
-
2016
CD2
(Class
C)
551,095
CD
Mortgage
Trust
3
.453
02/10/50
534
Series
-
2017
CD3
(Class
AAB)
500,000
(a)
CD
Mortgage
Trust
4
.538
02/10/50
250
Series
-
2017
CD3
(Class
C)
3,320,691
CD
Mortgage
Trust
3
.220
08/15/50
3,210
Series
-
2017
CD5
(Class
AAB)
3,457,000
CD
Mortgage
Trust
2
.812
08/15/57
3,241
Series
-
2019
CD8
(Class
ASB)
17,179,533
(c)
CF
Hippolyta
LLC
1
.690
07/15/60
16,061
Series
-
2020
1
(Class
A1)
5,026,921
(c)
CF
Hippolyta
LLC
1
.990
07/15/60
4,321
Series
-
2020
1
(Class
A2)
2,941,208
(c)
CF
Hippolyta
LLC
2
.280
07/15/60
2,706
Series
-
2020
1
(Class
B1)
18,848,951
(c)
CF
Hippolyta
LLC
1
.530
03/15/61
17,045
Series
-
2021
1A
(Class
A1)
4,476,626
(c)
CF
Hippolyta
LLC
1
.980
03/15/61
3,939
Series
-
2021
1A
(Class
B1)
869,088
CFCRE
Commercial
Mortgage
Trust
3
.121
05/10/58
845
Series
-
2016
C4
(Class
AHR)
210,580
(a)
CHL
Mortgage
Pass-Through
Trust
5
.077
02/20/35
210
Series
-
2004
HYB9
(Class
1A1)
2,500,000
(a),(c)
Citigroup
Commercial
Mortgage
Trust
3
.518
05/10/35
2,372
Series
-
2013
375P
(Class
B)
2,350,000
Citigroup
Commercial
Mortgage
Trust
4
.017
10/10/47
2,311
Series
-
2014
GC25
(Class
AS)
2,137,000
Citigroup
Commercial
Mortgage
Trust
3
.457
04/10/48
2,058
Series
-
2015
GC29
(Class
AS)
1,700,000
(a)
Citigroup
Commercial
Mortgage
Trust
3
.758
04/10/48
1,640
Series
-
2015
GC29
(Class
B)
3,000,000
(a)
Citigroup
Commercial
Mortgage
Trust
4
.137
04/10/48
2,792
Series
-
2015
GC29
(Class
C)
3,832,264
Citigroup
Commercial
Mortgage
Trust
3
.243
08/15/50
3,704
Series
-
2017
B1
(Class
AAB)
7,765,000
Citigroup
Commercial
Mortgage
Trust
3
.764
10/12/50
7,036
Series
-
2017
C4
(Class
AS)
2,000,000
Citigroup
Commercial
Mortgage
Trust
3
.778
09/10/58
1,931
Series
-
2015
GC33
(Class
A4)
5,000,000
(c)
COMM
Mortgage
Trust
3
.244
10/10/29
4,625
Series
-
2017
PANW
(Class
A)
3,000,000
(c)
COMM
Mortgage
Trust
3
.376
01/10/39
2,627
Series
-
2022
HC
(Class
C)
123,617
COMM
Mortgage
Trust
2
.853
10/15/45
114
Series
-
2012
CR4
(Class
A3)
1,833,792
(a),(c)
COMM
Mortgage
Trust
3
.566
06/10/46
1,786
Series
-
2013
CR8
(Class
B)
750,000
COMM
Mortgage
Trust
4
.174
05/10/47
725
Series
-
2014
CR17
(Class
AM)
2,500,000
(a),(c)
COMM
Mortgage
Trust
4
.767
06/10/47
1,405
Series
-
2014
UBS3
(Class
D)
5,240,000
COMM
Mortgage
Trust
3
.917
10/10/47
5,187
Series
-
2014
LC17
(Class
A5)
5,205,000
(a)
COMM
Mortgage
Trust
4
.188
10/10/47
5,122
Series
-
2014
LC17
(Class
AM)
4,658,546
(a)
COMM
Mortgage
Trust
4
.490
10/10/47
4,539
Series
-
2014
LC17
(Class
B)
2,825,979
(a)
COMM
Mortgage
Trust
3
.829
02/10/48
2,663
Series
-
2015
LC19
(Class
B)
CREF
Core
Bond
Account
March
31,
2024
260
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,000,000
(c)
COMM
Mortgage
Trust
3
.000
%
03/10/48
$
765
Series
-
2015
CR22
(Class
E)
1,445,000
COMM
Mortgage
Trust
3
.309
03/10/48
1,411
Series
-
2015
CR22
(Class
A5)
5,592,775
(a)
COMM
Mortgage
Trust
3
.603
03/10/48
5,336
Series
-
2015
CR22
(Class
AM)
2,696,000
(a)
COMM
Mortgage
Trust
4
.066
03/10/48
2,442
Series
-
2015
CR22
(Class
C)
7,405,000
COMM
Mortgage
Trust
3
.801
05/10/48
7,197
Series
-
2015
CR23
(Class
AM)
4,500,000
(a)
COMM
Mortgage
Trust
4
.183
05/10/48
4,368
Series
-
2015
CR23
(Class
B)
2,549,000
(a)
COMM
Mortgage
Trust
4
.283
05/10/48
2,389
Series
-
2015
CR23
(Class
C)
963,603
COMM
Mortgage
Trust
3
.421
07/10/48
953
Series
-
2015
LC21
(Class
ASB)
4,000,000
(a)
COMM
Mortgage
Trust
3
.463
08/10/48
3,452
Series
-
2015
CR24
(Class
D)
2,550,000
COMM
Mortgage
Trust
3
.696
08/10/48
2,482
Series
-
2015
CR24
(Class
A5)
5,000,000
(a)
COMM
Mortgage
Trust
4
.028
08/10/48
4,841
Series
-
2015
CR24
(Class
AM)
2,000,000
(a)
COMM
Mortgage
Trust
4
.348
08/10/48
1,905
Series
-
2015
CR24
(Class
B)
1,467,000
(a)
COMM
Mortgage
Trust
4
.348
08/10/48
1,327
Series
-
2015
CR24
(Class
C)
1,352,000
COMM
Mortgage
Trust
3
.612
10/10/48
1,311
Series
-
2015
CR27
(Class
A4)
3,212,210
COMM
Mortgage
Trust
3
.630
10/10/48
3,112
Series
-
2015
CR26
(Class
A4)
2,075,000
COMM
Mortgage
Trust
3
.774
10/10/48
2,011
Series
-
2015
LC23
(Class
A4)
1,875,000
(a)
COMM
Mortgage
Trust
4
.464
10/10/48
1,788
Series
-
2015
CR26
(Class
B)
4,855,000
(a)
COMM
Mortgage
Trust
4
.545
10/10/48
4,586
Series
-
2015
LC23
(Class
C)
973,379
COMM
Mortgage
Trust
3
.651
02/10/49
950
Series
-
2016
CR28
(Class
AHR)
4,650,000
(a)
COMM
Mortgage
Trust
4
.605
02/10/49
4,367
Series
-
2016
CR28
(Class
B)
4,600,000
(a)
COMM
Mortgage
Trust
4
.340
05/10/51
4,164
Series
-
2018
COR3
(Class
AM)
1,550,000
COMM
Mortgage
Trust
3
.263
08/15/57
1,362
Series
-
2019
GC44
(Class
AM)
2,000,000
(a)
COMM
Mortgage
Trust
3
.522
08/15/57
1,611
Series
-
2019
GC44
(Class
C)
626,400
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
6.250%
6
.349
03/25/42
700
Series
-
2022
R03
(Class
1B1)
18,955,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.500%
8
.820
03/25/42
19,897
Series
-
2022
R03
(Class
1M2)
5,970,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.000%
8
.320
04/25/42
6,163
Series
-
2022
R05
(Class
2M2)
30,200,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.850%
9
.170
05/25/42
32,077
Series
-
2022
R06
(Class
1M2)
9,505,000
(a),(c)
Connecticut
Avenue
Securities
Trust
SOFR
+
3.600%
8
.920
07/25/42
10,052
Series
-
2022
R08
(Class
1M2)
12,890,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.750%
10
.071
09/25/42
14,112
Series
-
2022
R09
(Class
2M2)
870,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
6.750%
12
.071
09/25/42
968
Series
-
2022
R09
(Class
2B1)
16,045,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.750%
9
.071
12/25/42
17,181
Series
-
2023
R01
(Class
1M2)
261
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,400,000
(a),(c)
Credit
Suisse
Commercial
Mortgage
Trust
3
.728
%
11/10/32
$
5,507
Series
-
2017
CALI
(Class
B)
1,905,260
(a),(c)
Credit
Suisse
Mortgage
Capital
Certificates
SOFR
1
M
+
1.647%
6
.973
05/15/36
1,905
Series
-
2019
ICE4
(Class
D)
4,270,400
(a),(c)
Credit
Suisse
Mortgage
Capital
Certificates
3
.388
10/25/59
3,922
Series
-
2019
NQM1
(Class
M1)
7,573,750
(a),(c)
Credit
Suisse
Mortgage
Capital
Certificates
2
.405
10/25/66
6,435
Series
-
2021
NQM8
(Class
A3)
9,500,000
DBGS
Mortgage
Trust
4
.466
10/15/51
8,902
Series
-
2018
C1
(Class
A4)
4,932,718
DBJPM
Mortgage
Trust
2
.756
08/10/49
4,788
Series
-
2016
C3
(Class
ASB)
6,372,762
DBJPM
Mortgage
Trust
3
.121
06/10/50
6,187
Series
-
2017
C6
(Class
ASB)
5,300,000
DBJPM
Mortgage
Trust
2
.340
08/15/53
4,313
Series
-
2020
C9
(Class
AM)
17,410,000
(c)
DBUBS
Mortgage
Trust
3
.452
10/10/34
16,087
Series
-
2017
BRBK
(Class
A)
15,500,000
(a),(c)
DBUBS
Mortgage
Trust
3
.530
10/10/34
14,062
Series
-
2017
BRBK
(Class
B)
4,994,187
(a),(c)
ELP
Commercial
Mortgage
Trust
SOFR
1
Month
+
1.235%
6
.561
11/15/38
4,952
Series
-
2021
ELP
(Class
B)
6,991,862
(a),(c)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
1.434%
6
.760
11/15/38
6,925
Series
-
2021
ELP
(Class
C)
4,664,571
(a),(c)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
2.233%
7
.559
11/15/38
4,622
Series
-
2021
ELP
(Class
E)
4,999,900
(a),(c)
EQUS
Mortgage
Trust
SOFR
1
Month
+
0.869%
6
.195
10/15/38
4,975
Series
-
2021
EQAZ
(Class
A)
106,203
(a),(c)
Flagstar
Mortgage
Trust
4
.000
09/25/48
98
Series
-
2018
5
(Class
A11)
3,101,961
(a),(c)
Flagstar
Mortgage
Trust
2
.500
04/25/51
2,477
Series
-
2021
2
(Class
A4)
8,828,799
(a),(c)
Flagstar
Mortgage
Trust
2
.500
06/01/51
7,050
Series
-
2021
4
(Class
A21)
550,887
Ford
Credit
Auto
Owner
Trust
5
.140
03/15/26
550
Series
-
2023
A
(Class
A2A)
550,887
(a)
Ford
Credit
Auto
Owner
Trust
30
D
AVG
SOFR
+
0.720%
6
.039
03/15/26
551
Series
-
2023
A
(Class
A2B)
GBP
886,824
(a),(c)
Frost
CMBS
DAC
SONIA
Interest
Rate
Benchmark
+
2.900%
8
.122
11/20/33
1,041
Series
-
2021
1A
(Class
GBD)
5,000,000
(a),(c)
GS
Mortgage
Securities
Corp
II
SOFR
1
Month
+
1.364%
6
.690
11/15/36
4,922
Series
-
2021
ARDN
(Class
A)
3,600,000
(a),(c)
GS
Mortgage
Securities
Corp
II
SOFR
1
M
+
3.464%
8
.790
11/15/36
3,463
Series
-
2021
ARDN
(Class
E)
1,130,000
(a),(c)
GS
Mortgage
Securities
Corp
II
3
.475
09/10/37
1,034
Series
-
2017
375H
(Class
A)
2,500,000
(a),(c)
GS
Mortgage
Securities
Corp
II
3
.483
09/10/37
2,177
Series
-
2017
375H
(Class
B)
1,350,000
(a)
GS
Mortgage
Securities
Corp
II
3
.777
05/10/50
1,305
Series
-
2015
GC30
(Class
AS)
5,235,000
(a),(c)
GS
Mortgage
Securities
Corp
Trust
SOFR
1
Month
+
1.897%
7
.223
07/15/31
2,173
Series
-
2018
TWR
(Class
D)
1,500,000
(a),(c)
GS
Mortgage
Securities
Corp
Trust
SOFR
1
M
+
2.164%
7
.490
11/15/36
1,455
Series
-
2021
ARDN
(Class
C)
3,000,000
(a),(c)
GS
Mortgage
Securities
Corp
Trust
SOFR
1
M
+
2.864%
8
.190
11/15/36
2,908
Series
-
2021
ARDN
(Class
D)
2,000,000
(a),(c)
GS
Mortgage
Securities
Trust
SOFR
1
M
+
1.747%
7
.073
07/15/31
1,230
Series
-
2018
TWR
(Class
C)
207,179
GS
Mortgage
Securities
Trust
3
.206
02/10/48
205
Series
-
2015
GC28
(Class
AAB)
2,816,500
GS
Mortgage
Securities
Trust
3
.396
02/10/48
2,772
Series
-
2015
GC28
(Class
A5)
CREF
Core
Bond
Account
March
31,
2024
262
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,400,000
(a)
GS
Mortgage
Securities
Trust
4
.018
%
07/10/48
$
7,175
Series
-
2015
GC32
(Class
AS)
1,042,732
GS
Mortgage
Securities
Trust
3
.278
10/10/48
1,023
Series
-
2015
GC34
(Class
AAB)
2,000,000
GS
Mortgage
Securities
Trust
3
.143
10/10/49
1,857
Series
-
2016
GS3
(Class
AS)
1,500,000
(a)
GS
Mortgage
Securities
Trust
3
.952
11/10/49
1,279
Series
-
2016
GS4
(Class
C)
2,000,000
GS
Mortgage
Securities
Trust
3
.674
03/10/50
1,878
Series
-
2017
GS5
(Class
A4)
4,250,000
(a)
GS
Mortgage
Securities
Trust
3
.826
03/10/50
3,897
Series
-
2017
GS5
(Class
AS)
7,138,202
GS
Mortgage
Securities
Trust
3
.230
05/10/50
6,939
Series
-
2017
GS6
(Class
AAB)
6,000,000
GS
Mortgage
Securities
Trust
3
.433
05/10/50
5,605
Series
-
2017
GS6
(Class
A3)
2,540,000
(a)
GS
Mortgage
Securities
Trust
4
.024
05/10/50
2,373
Series
-
2015
GC30
(Class
B)
5,000,000
(a)
GS
Mortgage
Securities
Trust
4
.068
05/10/50
4,449
Series
-
2015
GC30
(Class
C)
3,000,000
GS
Mortgage
Securities
Trust
3
.837
11/10/50
2,834
Series
-
2017
GS8
(Class
ABP)
4,844,000
(a)
GS
Mortgage
Securities
Trust
4
.322
11/10/50
4,363
Series
-
2017
GS8
(Class
C)
3,050,000
(a)
GS
Mortgage
Securities
Trust
4
.158
02/10/52
2,823
Series
-
2019
GC38
(Class
AS)
2,500,000
(a)
GS
Mortgage
Securities
Trust
3
.173
02/13/53
2,156
Series
-
2020
GC45
(Class
AS)
2,190,000
GS
Mortgage
Securities
Trust
2
.012
12/12/53
1,746
Series
-
2020
GSA2
(Class
A5)
367,816
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
4
.000
11/25/49
340
Series
-
2019
PJ2
(Class
A4)
140,807
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
4
.000
11/25/49
130
Series
-
2019
PJ2
(Class
A1)
864,563
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
3
.000
01/25/51
730
Series
-
2020
PJ4
(Class
A4)
36,602,307
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
0
.257
03/27/51
448
Series
-
2020
PJ5
(Class
AX1)
1,251,095
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
3
.000
03/27/51
1,057
Series
-
2020
PJ5
(Class
A4)
1,894,504
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
2
.500
05/25/51
1,533
Series
-
2020
PJ6
(Class
A4)
11,993,326
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
2
.500
10/25/51
9,577
Series
-
2021
PJ5
(Class
A4)
11,603,087
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
3
.000
06/25/52
9,641
Series
-
2022
PJ2
(Class
A36)
4,194,497
(a),(c)
GS
Mortgage-Backed
Securities
Corp
Trust
3
.000
09/25/52
3,485
Series
-
2022
PJ4
(Class
A36)
1,001,809
(a),(c)
GS
Mortgage-Backed
Securities
Trust
3
.630
05/25/50
852
Series
-
2020
PJ1
(Class
B2)
2,337,124
(a),(c)
GS
Mortgage-Backed
Securities
Trust
2
.500
07/25/51
1,866
Series
-
2021
PJ2
(Class
A4)
21,175,949
(a),(c)
GS
Mortgage-Backed
Securities
Trust
2
.500
01/25/52
16,910
Series
-
2021
PJ7
(Class
A4)
9,747,427
(a),(c)
GS
Mortgage-Backed
Securities
Trust
2
.500
01/25/52
7,784
Series
-
2021
PJ8
(Class
A4)
3,353,796
(a),(c)
GS
Mortgage-Backed
Securities
Trust
2
.722
01/25/52
2,628
Series
-
2021
PJ7
(Class
B2)
6,951,971
(a),(c)
GS
Mortgage-Backed
Securities
Trust
3
.000
07/25/52
5,772
Series
-
2022
INV1
(Class
A4)
9,173,626
(a),(c)
GS
Mortgage-Backed
Securities
Trust
3
.000
09/25/52
7,611
Series
-
2022
HP1
(Class
A4)
263
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
6,854,375
(a),(c)
GS
Mortgage-Backed
Securities
Trust
3
.000
%
10/25/52
$
5,696
Series
-
2022
PJ5
(Class
A36)
5,519,499
(a),(c)
GS
Mortgage-Backed
Securities
Trust
3
.000
01/25/53
4,586
Series
-
2022
PJ6
(Class
A24)
8,073,718
(a),(c)
GS
Mortgage-Backed
Securities
Trust
3
.500
02/25/53
6,989
Series
-
2023
PJ1
(Class
A24)
4,500,000
(c)
Hudson
Yards
Mortgage
Trust
2
.835
08/10/38
4,206
Series
-
2016
10HY
(Class
A)
2,500,000
(a),(c)
Hudson
Yards
Mortgage
Trust
2
.977
08/10/38
2,317
Series
-
2016
10HY
(Class
B)
7,250,000
(a),(c)
Hudson
Yards
Mortgage
Trust
2
.977
08/10/38
6,654
Series
-
2016
10HY
(Class
C)
4,750,000
(a),(c)
Hudson
Yards
Mortgage
Trust
2
.943
12/10/41
3,863
Series
-
2019
55HY
(Class
D)
2,750,000
(a),(c)
Hudson
Yards
Mortgage
Trust
2
.943
12/10/41
2,130
Series
-
2019
55HY
(Class
E)
2,339,087
(a),(c)
Imperial
Fund
Mortgage
Trust
2
.051
10/25/55
2,115
Series
-
2020
NQM1
(Class
A3)
1,043,500
(a),(c)
Imperial
Fund
Mortgage
Trust
3
.531
10/25/55
896
Series
-
2020
NQM1
(Class
M1)
1,000,000
(a),(c)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
4
.613
07/05/31
615
Series
-
2018
AON
(Class
D)
1,780,000
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
3
.914
01/15/49
1,723
Series
-
2015
JP1
(Class
A5)
2,792,819
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
2
.713
08/15/49
2,716
Series
-
2016
JP2
(Class
ASB)
4,327,511
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
3
.379
09/15/50
4,214
Series
-
2017
JP7
(Class
A3)
3,155,000
(c)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
3
.065
01/16/37
2,414
Series
-
2020
NNN
(Class
BFX)
2,509,406
(a),(c)
JP
Morgan
Mortgage
Trust
LIBOR
1
M
-
0.000%
6
.677
12/25/44
2,413
Series
-
2015
1
(Class
B1)
190,936
(a),(c)
JP
Morgan
Mortgage
Trust
3
.500
05/25/45
172
Series
-
2015
3
(Class
A19)
1,972,937
(a),(c)
JP
Morgan
Mortgage
Trust
3
.500
10/25/45
1,762
Series
-
2015
6
(Class
A13)
2,176,596
(a),(c)
JP
Morgan
Mortgage
Trust
3
.500
09/25/48
1,891
Series
-
2018
3
(Class
A13)
3,040,018
(a),(c)
JP
Morgan
Mortgage
Trust
3
.500
10/25/48
2,632
Series
-
2018
5
(Class
A13)
1,879,096
(a),(c)
JP
Morgan
Mortgage
Trust
4
.257
10/26/48
1,859
Series
-
2017
5
(Class
A2)
645,036
(a),(c)
JP
Morgan
Mortgage
Trust
4
.000
02/25/49
589
Series
-
2018
9
(Class
A13)
497,017
(a),(c)
JP
Morgan
Mortgage
Trust
4
.000
05/25/49
463
Series
-
2019
1
(Class
A15)
6,521,146
(a),(c)
JP
Morgan
Mortgage
Trust
3
.823
06/25/50
5,686
Series
-
2020
1
(Class
B2)
28,133,864
(a),(c)
JP
Morgan
Mortgage
Trust
0
.139
07/25/51
209
Series
-
2021
3
(Class
AX1)
19,969,877
(a),(c)
JP
Morgan
Mortgage
Trust
0
.130
08/25/51
140
Series
-
2021
4
(Class
AX1)
2,363,695
(a),(c)
JP
Morgan
Mortgage
Trust
2
.880
08/25/51
1,876
Series
-
2021
4
(Class
B2)
38,236,537
(a),(c)
JP
Morgan
Mortgage
Trust
0
.137
10/25/51
289
Series
-
2021
6
(Class
AX1)
7,146,646
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
10/25/51
5,707
Series
-
2021
6
(Class
A15)
CREF
Core
Bond
Account
March
31,
2024
264
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
10,178,541
(a),(c)
JP
Morgan
Mortgage
Trust
0
.400
%
12/25/51
$
221
Series
-
2021
INV2
(Class
AX4)
2,398,409
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
12/25/51
1,915
Series
-
2021
10
(Class
A15)
2,406,469
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
02/25/52
1,919
Series
-
2021
12
(Class
A15)
3,721,020
(a),(c)
JP
Morgan
Mortgage
Trust
2
.500
05/25/52
2,967
Series
-
2021
14
(Class
A15)
2,460,675
(a),(c)
JP
Morgan
Mortgage
Trust
2
.927
05/25/52
2,026
Series
-
2021
LTV2
(Class
A3)
16,542,345
(a),(c)
JP
Morgan
Mortgage
Trust
3
.000
08/25/52
13,746
Series
-
2022
2
(Class
A25)
7,128,796
(a),(c)
JP
Morgan
Mortgage
Trust
3
.000
09/25/52
5,919
Series
-
2022
INV3
(Class
A6)
11,695,210
(a),(c)
JP
Morgan
Mortgage
Trust
3
.500
09/25/52
10,139
Series
-
2022
LTV2
(Class
A6)
6,684,130
(a),(c)
JP
Morgan
Mortgage
Trust
3
.000
12/25/52
5,554
Series
-
2022
7
(Class
1A17)
2,260,613
(a),(c)
JP
Morgan
Mortgage
Trust
4
.000
12/25/52
2,033
Series
-
2022
7
(Class
2A6A)
5,172,000
JPMBB
Commercial
Mortgage
Securities
Trust
3
.997
08/15/47
5,061
Series
-
2014
C21
(Class
AS)
3,000,000
JPMBB
Commercial
Mortgage
Securities
Trust
4
.110
09/15/47
2,847
Series
-
2014
C22
(Class
AS)
2,686,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.480
09/15/47
2,633
Series
-
2014
C23
(Class
B)
3,000,000
JPMBB
Commercial
Mortgage
Securities
Trust
3
.898
02/15/48
2,716
Series
-
2015
C27
(Class
B)
2,556,000
JPMBB
Commercial
Mortgage
Securities
Trust
3
.611
05/15/48
2,490
Series
-
2015
C29
(Class
A4)
2,500,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
3
.917
05/15/48
2,426
Series
-
2015
C29
(Class
AS)
2,350,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.118
05/15/48
2,228
Series
-
2015
C29
(Class
B)
3,500,000
JPMBB
Commercial
Mortgage
Securities
Trust
4
.106
08/15/48
3,318
Series
-
2015
C31
(Class
AS)
9,952,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.624
08/15/48
8,832
Series
-
2015
C31
(Class
B)
3,000,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.624
08/15/48
2,496
Series
-
2015
C31
(Class
C)
1,820,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.702
03/17/49
1,688
Series
-
2016
C1
(Class
C)
2,410,915
JPMCC
Commercial
Mortgage
Securities
Trust
3
.457
03/15/50
2,338
Series
-
2017
JP5
(Class
A4)
749,208
JPMCC
Commercial
Mortgage
Securities
Trust
3
.549
03/15/50
729
Series
-
2017
JP5
(Class
ASB)
1,000,000
(a)
JPMCC
Commercial
Mortgage
Securities
Trust
3
.904
03/15/50
813
Series
-
2017
JP5
(Class
C)
1,000,000
(a)
JPMDB
Commercial
Mortgage
Securities
Trust
3
.042
12/15/49
738
Series
-
2016
C4
(Class
C)
3,000,000
JPMDB
Commercial
Mortgage
Securities
Trust
3
.694
03/15/50
2,808
Series
-
2017
C5
(Class
A5)
7,575,000
JPMDB
Commercial
Mortgage
Securities
Trust
2
.536
05/13/53
5,643
Series
-
2020
COR7
(Class
AS)
2,126,928
(c)
Ladder
Capital
Commercial
Mortgage
Securities
3
.575
02/15/36
1,990
Series
-
2013
GCP
(Class
A1)
3,247,426
(c)
Ladder
Capital
Commercial
Mortgage
Securities
3
.357
07/12/50
3,151
Series
-
2017
LC26
(Class
ASB)
EUR
589,114
(a),(c)
Last
Mile
Logistics
Pan
Euro
Finance
DAC
EURIBOR
3
M
+
2.700%
1
.000
08/17/33
606
Series
-
2021
1A
(Class
E)
EUR
599,877
(a),(c)
Last
Mile
Securities
EURIBOR
3
M
+
2.350%
6
.265
08/17/31
640
Series
-
2021
1A
(Class
D)
265
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
5,450,000
(c)
Liberty
Street
Trust
3
.597
%
02/10/36
$
5,057
Series
-
2016
225L
(Class
A)
5,000,000
(c)
LSTAR
Commercial
Mortgage
Trust
4
.021
03/10/50
4,604
Series
-
2017
5
(Class
AS)
4,000,000
(a),(c)
MAD
Mortgage
Trust
3
.082
08/15/34
3,701
Series
-
2017
330M
(Class
A)
1,500,000
(a),(c)
Manhattan
West
2
.335
09/10/39
1,323
Series
-
2020
1MW
(Class
B)
468,491
(a)
Merrill
Lynch
Mortgage
Investors
Trust
SOFR
1
M
+
0.634%
2
.278
01/25/37
439
Series
-
2006
WMC1
(Class
A1B)
6,650,000
(c)
MetroNet
Infrastructure
Issuer
LLC
6
.230
04/20/54
6,672
Series
-
2024
1A
(Class
A2)
2,677,478
(c)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.989
12/15/46
2,547
Series
-
2014
C19
(Class
LNC1)
882,200
(c)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4
.384
12/15/46
827
Series
-
2014
C19
(Class
LNC2)
6,150,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.832
12/15/47
5,973
Series
-
2014
C19
(Class
AS)
5,600,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.605
02/15/48
5,440
Series
-
2015
C20
(Class
AS)
1,250,000
(a)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4
.455
02/15/48
1,184
Series
-
2015
C20
(Class
C)
2,500,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.338
03/15/48
2,433
Series
-
2015
C21
(Class
A4)
6,500,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.652
03/15/48
6,237
Series
-
2015
C21
(Class
AS)
3,000,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.561
04/15/48
2,905
Series
-
2015
C22
(Class
AS)
3,380,820
(a),(c)
Morgan
Stanley
Capital
I
Inc
SOFR
1
M
+
1.491%
6
.817
11/09/24
3,351
Series
-
2021
ILP
(Class
C)
378,466
(a)
Morgan
Stanley
Capital
I
Trust
5
.877
12/12/49
161
Series
-
2007
IQ16
(Class
AJ)
258,162
(a)
Morgan
Stanley
Capital
I
Trust
5
.877
12/12/49
109
Series
-
2007
IQ16
(Class
AJFX)
3,195,901
Morgan
Stanley
Capital
I
Trust
3
.304
06/15/50
3,124
Series
-
2017
H1
(Class
ASB)
1,458,000
Morgan
Stanley
Capital
I
Trust
3
.587
12/15/50
1,371
Series
-
2017
HR2
(Class
A4)
2,840,000
(a)
Morgan
Stanley
Capital
I
Trust
4
.429
07/15/51
2,701
Series
-
2018
H3
(Class
AS)
598,697
(a),(c)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2
.500
07/25/51
523
Series
-
2021
4
(Class
A4)
3,000,000
(a),(c)
MSDB
Trust
3
.316
07/11/39
2,671
Series
-
2017
712F
(Class
A)
1,200,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
3
.790
11/15/32
1,065
Series
-
2018
285M
(Class
A)
12,741,348
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.579%
5
.915
07/15/36
11,799
Series
-
2019
MILE
(Class
A)
5,000,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.879%
7
.205
07/15/36
4,367
Series
-
2019
MILE
(Class
B)
2,900,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.279%
7
.605
07/15/36
2,390
Series
-
2019
MILE
(Class
C)
5,000,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.829%
8
.155
07/15/36
3,871
Series
-
2019
MILE
(Class
D)
703,488
(c)
Natixis
Commercial
Mortgage
Securities
Trust
2
.966
12/15/38
639
Series
-
2020
2PAC
(Class
A)
209,814
(a)
New
York
Mortgage
Trust
SOFR
1
M
+
0.594%
5
.924
02/25/36
206
Series
-
2005
3
(Class
A1)
10,724,203
(a),(c)
OBX
Trust
2
.500
07/25/51
8,564
Series
-
2021
J2
(Class
A19)
9,393,220
(a),(c)
OBX
Trust
4
.000
10/25/52
8,412
Series
-
2022
INV5
(Class
A13)
CREF
Core
Bond
Account
March
31,
2024
266
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
729,783
(a),(c)
OBX
Trust
SOFR
1
M
+
0.764%
4
.658
%
06/25/57
$
704
Series
-
2018
1
(Class
A2)
3,291,864
(a),(c)
Oceanview
Mortgage
Trust
2
.500
05/25/51
2,629
Series
-
2021
1
(Class
A19)
2,438,489
(a),(c)
Oceanview
Mortgage
Trust
4
.500
11/25/52
2,262
Series
-
2022
1
(Class
A1)
5,434,000
(c)
Olympic
Tower
Mortgage
Trust
3
.566
05/10/39
4,718
Series
-
2017
OT
(Class
A)
8,520,000
(c)
One
Bryant
Park
Trust
2
.516
09/15/54
7,289
Series
-
2019
OBP
(Class
A)
2,870,587
(a),(c)
OPEN
Trust
SOFR
1
M
+
5.236%
10
.561
10/15/28
2,898
Series
-
2023
AIR
(Class
C)
2,000,000
(c)
RBS
Commercial
Funding,
Inc
Trust
3
.511
03/11/31
1,801
Series
-
2013
SMV
(Class
B)
2,352,881
RCKT
Mortgage
Trust
3
.006
09/25/51
1,804
3,153,179
(a),(c)
RCKT
Mortgage
Trust
3
.500
06/25/52
2,728
Series
-
2022
4
(Class
A22)
578,560
(a),(c)
Sequoia
Mortgage
Trust
3
.500
05/25/45
516
Series
-
2015
2
(Class
A1)
511,102
(a),(c)
Sequoia
Mortgage
Trust
3
.500
06/25/46
456
Series
-
2016
1
(Class
A19)
130,013
(a),(c)
Sequoia
Mortgage
Trust
3
.500
02/25/47
115
Series
-
2017
2
(Class
A19)
1,986,168
(a),(c)
Sequoia
Mortgage
Trust
3
.724
09/25/47
1,819
Series
-
2017
6
(Class
B1)
869,978
(a),(c)
Sequoia
Mortgage
Trust
3
.500
03/25/48
768
Series
-
2018
3
(Class
A1)
67,484
(a),(c)
Sequoia
Mortgage
Trust
4
.000
09/25/48
62
Series
-
2018
7
(Class
A19)
5,677,895
(a),(c)
Sequoia
Mortgage
Trust
3
.000
04/25/50
4,787
Series
-
2020
3
(Class
A19)
4,746,311
(a),(c)
Sequoia
Mortgage
Trust
5
.000
01/25/53
4,513
Series
-
2023
1
(Class
A19)
397,522
(a),(c)
Shellpoint
Co-Originator
Trust
3
.500
04/25/47
352
Series
-
2017
1
(Class
A19)
4,350,000
(c)
SLG
Office
Trust
2
.585
07/15/41
3,603
Series
-
2021
OVA
(Class
A)
22,865,000
(c)
SLG
Office
Trust
2
.851
07/15/41
17,981
Series
-
2021
OVA
(Class
D)
9,741,110
(a),(c)
SMR
Mortgage
Trust
SOFR
1
Month
+
1.650%
6
.975
02/15/39
9,497
Series
-
2022
IND
(Class
A)
9,277,248
(a),(c)
SMR
Mortgage
Trust
SOFR
1
Month
+
2.950%
8
.275
02/15/39
8,752
Series
-
2022
IND
(Class
C)
5,000,000
(a),(c)
SREIT
Trust
SOFR
1
Month
+
0.936%
6
.261
11/15/36
4,977
Series
-
2021
MFP2
(Class
A)
6,930,000
(a),(c)
SREIT
Trust
SOFR
1
Month
+
1.286%
6
.611
11/15/36
6,889
Series
-
2021
MFP2
(Class
B)
GBP
347,448
(a),(c)
Taurus
UK
DAC
SONIA
Interest
Rate
Benchmark
+
1.300%
6
.521
05/17/31
436
Series
-
2021
UK1A
(Class
B)
GBP
506,281
(a),(c)
Taurus
UK
DAC
SONIA
Interest
Rate
Benchmark
+
1.650%
6
.871
05/17/31
635
Series
-
2021
UK1A
(Class
C)
1,600,000
(a),(c)
Times
Square
Trust
3
.100
05/15/35
1,392
Series
-
2018
20TS
(Class
B)
6,851,883
UBS
Commercial
Mortgage
Trust
3
.256
06/15/50
6,663
Series
-
2017
C1
(Class
ASB)
1,373,959
UBS
Commercial
Mortgage
Trust
3
.366
10/15/50
1,335
Series
-
2017
C4
(Class
ASB)
1,450,000
UBS
Commercial
Mortgage
Trust
3
.563
10/15/50
1,335
Series
-
2017
C4
(Class
A4)
1,750,000
UBS
Commercial
Mortgage
Trust
4
.334
10/15/51
1,661
Series
-
2018
C13
(Class
A4)
267
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,723,471
(a),(c)
Verus
Securitization
Trust
2
.240
%
10/25/66
$
1,445
Series
-
2021
7
(Class
A3)
1,740,030
Wells
Fargo
Commercial
Mortgage
Trust
3
.405
12/15/47
1,706
Series
-
2014
LC18
(Class
A5)
4,500,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.808
12/15/47
4,400
Series
-
2014
LC18
(Class
AS)
1,810,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.406
05/15/48
1,740
Series
-
2015
NXS1
(Class
AS)
2,000,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
3
.658
05/15/48
1,896
Series
-
2015
NXS1
(Class
B)
2,279,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
4
.140
05/15/48
1,965
Series
-
2015
NXS1
(Class
D)
3,917,943
Wells
Fargo
Commercial
Mortgage
Trust
2
.788
07/15/48
3,834
Series
-
2016
C35
(Class
ASB)
6,024,181
Wells
Fargo
Commercial
Mortgage
Trust
2
.514
08/15/49
5,858
Series
-
2016
BNK1
(Class
ASB)
6,292,698
Wells
Fargo
Commercial
Mortgage
Trust
2
.825
10/15/49
6,123
Series
-
2016
LC24
(Class
ASB)
872,111
Wells
Fargo
Commercial
Mortgage
Trust
3
.635
03/15/50
814
Series
-
2017
RB1
(Class
A5)
2,000,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.757
03/15/50
1,836
Series
-
2017
RB1
(Class
AS)
8,777,763
Wells
Fargo
Commercial
Mortgage
Trust
3
.261
07/15/50
8,564
Series
-
2017
C38
(Class
ASB)
2,197,255
(a)
Wells
Fargo
Commercial
Mortgage
Trust
3
.903
07/15/50
1,936
Series
-
2017
C38
(Class
C)
6,455,355
Wells
Fargo
Commercial
Mortgage
Trust
3
.212
09/15/50
6,263
Series
-
2017
C39
(Class
ASB)
4,000,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
3
.767
07/15/58
3,873
Series
-
2015
NXS2
(Class
A5)
1,000,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
4
.268
07/15/58
932
Series
-
2015
NXS2
(Class
B)
6,000,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.749
03/15/59
5,713
Series
-
2016
C33
(Class
AS)
170,457
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
4
.000
04/25/49
159
Series
-
2019
2
(Class
A17)
2,311,134
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3
.500
09/25/49
2,037
Series
-
2019
4
(Class
A1)
881,059
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3
.000
07/25/50
745
Series
-
2020
4
(Class
A17)
10,926,789
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2
.500
06/25/51
8,725
Series
-
2021
2
(Class
A17)
4,411,567
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2
.500
12/25/51
3,517
Series
-
2022
2
(Class
A18)
3,859,534
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3
.000
03/25/52
3,202
Series
-
2022
INV1
(Class
A18)
6,630,504
(a),(c)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3
.500
03/25/52
5,731
Series
-
2022
INV1
(Class
A17)
1,260,001
WFRBS
Commercial
Mortgage
Trust
3
.995
05/15/47
1,256
Series
-
2014
C20
(Class
A5)
3,865,000
WFRBS
Commercial
Mortgage
Trust
3
.607
11/15/47
3,800
Series
-
2014
C24
(Class
A5)
CREF
Core
Bond
Account
March
31,
2024
268
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
247,062
(a),(c)
WinWater
Mortgage
Loan
Trust
3
.920
%
06/20/44
$
202
Series
-
2014
1
(Class
B4)
TOTAL
OTHER
MORTGAGE
BACKED
1,148,540
TOTAL
STRUCTURED
ASSETS
1,691,423
(Cost
$1,841,132)
SHARES
REFERENCERATE
&
SPREAD
PREFERRED
STOCKS
-
0.0%
FINANCIAL
SERVICES
-
0.0%
173,925
Morgan
Stanley
4,576
TOTAL
FINANCIAL
SERVICES
4,576
TOTAL
PREFERRED
STOCKS
4,576
(Cost
$4,348)
TOTAL
LONG-TERM
INVESTMENTS
10,446,663‌
(Cost
$11,306,489)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
1.1%
COMMERCIAL
PAPER
-
0.0%
4,000,000
(c)
HSBC
USA,
Inc
0
.000
07/23/24
3,929
TOTAL
COMMERCIAL
PAPER
3,929
GOVERNMENT
AGENCY
DEBT
-
0.0%
2,500,000
Federal
Farm
Credit
Discount
Notes
0
.000
04/26/24
2,490
TOTAL
GOVERNMENT
AGENCY
DEBT
2,490
REPURCHASE
AGREEMENT
-
0.7%
72,400,000
(j)
Fixed
Income
Clearing
Corp
(FICC)
5
.320
04/01/24
72,400
TOTAL
REPURCHASE
AGREEMENT
72,400
TREASURY
DEBT
-
0.4%
9,805,000
United
States
Treasury
Bill
0
.000
04/04/24
9,801
10,000,000
United
States
Treasury
Bill
0
.000
04/09/24
9,988
5,000,000
United
States
Treasury
Bill
0
.000
04/16/24
4,989
5,000,000
United
States
Treasury
Bill
0
.000
04/25/24
4,982
12,500,000
United
States
Treasury
Bill
0
.000
05/09/24
12,431
TOTAL
TREASURY
DEBT
42,191
TOTAL
SHORT-TERM
INVESTMENTS
121,010
(Cost
$121,015)
SHARES
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.2%
21,588,506
(k)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5
.340
(l)
21,589
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
21,589
(Cost
$21,589)
TOTAL
INVESTMENTS
-
98.6%
10,589,262
(Cost
$11,449,093)
OTHER
ASSETS
&
LIABILITIES,
NET
-
1.4%
146,379
NET
ASSETS
-
100.0%
$10,735,641
269
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
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
PLN
Polish
Zloty
REIT
Real
Estate
Investment
Trust
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)
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.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$2,229,534,675
or
21.1%
of
Total
Investments.
(d)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$376,147,996.
(e)
Perpetual
security
(f)
Payment
in
Kind
Bond
(g)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(h)
In
default
(i)
Principal
amount
for
interest
accrual
purposes
is
periodically
adjusted
based
on
changes
in
the
Consumer
Price
Index.
(j)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.320%
dated
3/28/24
to
be
repurchased
at
$72,442,796
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
0.125%–0.625%
and
maturity
dates
7/15/26–7/31/26,
valued
at
$73,848,090.
(k)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(l)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
CREF
Core
Bond
Account
March
31,
2024
270
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
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
2,000‌
06/18/24
 $
221,394‌
$
221,594‌
$
199‌
U.S.
Treasury
5-Year
Note
5,500‌
06/28/24
587,024‌
588,586‌
1,562‌
Total
7,500‌
 $
808,418‌
 $
810,180‌
 $
1,761‌
Forward
Foreign
Currency
Contracts
Currency
Purchased
Receive
(000)
Currency
Sold
Deliver
(000)
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
(000)
$
2,249
NZD
3,606
Australia
and
New
Zealand
Banking
Group
Limited
04/16/24
 $
95‌
$
408
EUR
374
Bank
of
America,
N.A.
04/15/24
 $
4‌
$
92,634
EUR
84,254
Bank
of
America,
N.A.
04/16/24
1,679‌
$
19,995
GBP
15,672
Bank
of
America,
N.A.
04/16/24
214‌
$
993
GBP
791
Bank
of
America,
N.A.
04/16/24
(
6‌
)
$
1,516
IDR
23,625,630
Bank
of
America,
N.A.
04/17/24
29‌
EUR
8
$
9
Bank
of
America,
N.A.
04/16/24
(
0‌
)
^
Total
 $
1,920‌
$
3,499
EUR
3,184
Barclays
Bank
PLC
04/16/24
 $
62‌
$
22,026
CNY
157,337
Citibank
N.A.
06/17/24
 $
(
48‌
)
$
7,822
KRW
10,268,540
Citibank
N.A.
04/17/24
208‌
$
423
PEN
1,550
Citibank
N.A.
04/17/24
6‌
$
1,427
RON
6,485
Citibank
N.A.
04/16/24
20‌
EUR
681
$
749
Citibank
N.A.
04/16/24
(
14‌
)
Total
 $
172‌
$
5,382
AUD
8,033
Morgan
Stanley
Capital
Services
04/16/24
 $
145‌
$
10,183
CAD
13,608
Morgan
Stanley
Capital
Services
04/16/24
134‌
$
2,610
EUR
2,390
Morgan
Stanley
Capital
Services
04/15/24
30‌
$
539
EUR
496
Morgan
Stanley
Capital
Services
04/16/24
3‌
$
215
EUR
200
Morgan
Stanley
Capital
Services
04/16/24
(
1‌
)
$
1,051
EUR
967
Morgan
Stanley
Capital
Services
04/16/24
8‌
$
808
EUR
740
Morgan
Stanley
Capital
Services
04/16/24
8‌
$
1,000
EUR
918
Morgan
Stanley
Capital
Services
04/16/24
10‌
$
326
EUR
300
Morgan
Stanley
Capital
Services
04/16/24
2‌
$
30,235
JPY
4,337,200
Morgan
Stanley
Capital
Services
04/16/24
1,514‌
$
1,578
MXN
26,550
Morgan
Stanley
Capital
Services
04/16/24
(
16‌
)
$
2,277
NOK
23,381
Morgan
Stanley
Capital
Services
04/16/24
122‌
$
1,278
PLN
5,005
Morgan
Stanley
Capital
Services
04/16/24
25‌
EUR
1,405
$
1,531
Morgan
Stanley
Capital
Services
04/16/24
(
14‌
)
EUR
647
$
707
Morgan
Stanley
Capital
Services
04/16/24
(
9‌
)
JPY
192,952
$
1,321
Morgan
Stanley
Capital
Services
04/16/24
(
43‌
)
$
707
ZAR
13,190
Morgan
Stanley
Capital
Services
04/16/24
12‌
Total
 $
1,930‌
$
959
THB
34,134
Standard
Chartered
Bank
04/17/24
 $
23‌
CAD
1,182
$
876
Standard
Chartered
Bank
04/16/24
(
3‌
)
EUR
228
$
246
Standard
Chartered
Bank
04/16/24
(
0‌
)
^
EUR
264
$
286
Standard
Chartered
Bank
04/16/24
(
2‌
)
EUR
720
$
787
Standard
Chartered
Bank
04/16/24
(
10‌
)
Total
 $
8‌
$
1,000
GBP
783
Toronto
Dominion
Bank
04/16/24
 $
11‌
$
980
HUF
356,629
Toronto
Dominion
Bank
04/16/24
4‌
Total
 $
15‌
Total
 $
4,202‌
^
Amount
represents
less
than
$1,000.
271
See
Notes
to
Portfolio
of
Investments
AUD
Australian
Dollar
CAD
Canadian
Dollar
CNY
Chinese
Yuan
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
PLN
Polish
Zloty
RON
Romanian
Leu
THB
Thai
Baht
ZAR
South
African
Rand
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-NAHYS42V1-5Y
Credit
event
as
specified
in
contract
5.000%
Citigroup
Global
Markets,
Inc
Quarterly
06/20/29
$
150,000‌
$
(
11,062‌
)
$
(
10,388‌
)
$
(
674‌
)
CDX-NAIGS42V1-5Y
Credit
event
as
specified
in
contract
1.000
Citigroup
Global
Markets,
Inc
Quarterly
06/20/29
450,000‌
(
10,066‌
)
(
9,771‌
)
(
280‌
)
Total
$
(
21,129‌
)
$
(
20,159‌
)
$
(
954‌
)
*  
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
March
31,
2024
Portfolio
of
Investments
272
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.1%
BANK
LOAN
OBLIGATIONS
-
0.4%
CAPITAL
GOODS
-
0.1%
$
2,443,609
(a)
Core
&
Main
LP
SOFR
2
M
+
2.500%
8
.056
%
07/27/28
$
2,446
1,955,000
(a)
Fluidra
Finco
SL
SOFR
12
M
+
1.925%
7
.355
01/29/29
1,954
2,620,227
(a)
Rexnord
LLC
SOFR
12
M
+
2.000%
7
.445
10/04/28
2,637
TOTAL
CAPITAL
GOODS
7,037
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.0%
1,522,581
(a)
Trans
Union
LLC
SOFR
12
M
+
2.000%
7
.327
12/01/28
1,524
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
1,524
CONSUMER
DURABLES
&
APPAREL
-
0.0%
1,115,200
(a)
Crocs,
Inc
SOFR
12
M
+
2.250%
7
.577
02/20/29
1,119
TOTAL
CONSUMER
DURABLES
&
APPAREL
1,119
CONSUMER
SERVICES
-
0.1%
2,939,198
(a)
1011778
BC
ULC
SOFR
12
M
+
2.250%
7
.580
09/20/30
2,941
2,443,875
(a)
Flutter
Financing
BV
SOFR
4
M
+
2.250%
7
.659
11/25/30
2,449
1,253,045
(a)
Nascar
Holdings
LLC
SOFR
12
M
+
2.500%
7
.945
10/19/26
1,260
TOTAL
CONSUMER
SERVICES
6,650
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.0%
2,872,183
(a)
Select
Medical
Corp
SOFR
12
M
+
3.000%
8
.330
03/06/27
2,880
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
2,880
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.1%
1,403,370
(a)
Avantor,
Inc
SOFR
12
M
+
2.250%
7
.680
11/08/27
1,407
2,194,802
(a)
Jazz
Financing
Lux
Sarl
SOFR
12
M
+
3.000%
8
.445
05/05/28
2,209
2,124,060
(a)
Organon
&
Co
SOFR
12
M
+
3.000%
8
.433
06/02/28
2,134
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
5,750
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
1
(a),(b)
MKS
Instruments,
Inc
SOFR
12
M
+
2.500%
7
.823
08/17/29
0
^
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
0
^
SOFTWARE
&
SERVICES
-
0.1%
1,755,063
(a)
NortonLifeLock,
Inc
SOFR
12
M
+
2.000%
7
.427
09/12/29
1,756
1,323,361
(a)
SS&C
Technologies,
Inc
SOFR
12
M
+
1.750%
7
.195
04/16/25
1,325
1,249,474
(a)
SS&C
Technologies,
Inc
Term
SOFR
1
M
+
1.750%
7
.195
04/16/25
1,251
TOTAL
SOFTWARE
&
SERVICES
4,332
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.0%
326,200
(a)
Coherent
Corp
SOFR
12
M
+
2.750%
8
.195
07/02/29
327
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
327
TOTAL
BANK
LOAN
OBLIGATIONS
29,619
(Cost
$29,424)
CORPORATE
BONDS
-
2.5%
AUTOMOBILES
&
COMPONENTS
-
0.0%
3,000,000
Ford
Motor
Credit
Co
LLC
7
.350
03/06/30
3,198
TOTAL
AUTOMOBILES
&
COMPONENTS
3,198
273
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
BANKS
-
0.1%
$
3,125,000
(c)
Banco
de
Chile
2
.990
%
12/09/31
$
2,709
3,000,000
Bank
of
America
Corp
2
.572
10/20/32
2,489
3,000,000
JPMorgan
Chase
&
Co
2
.545
11/08/32
2,496
TOTAL
BANKS
7,694
CAPITAL
GOODS
-
0.1%
1,150,000
(c)
Embraer
Netherlands
Finance
BV
7
.000
07/28/30
1,204
3,250,000
L3Harris
Technologies,
Inc
5
.400
07/31/33
3,271
1,275,000
(c)
Sociedad
Quimica
y
Minera
de
Chile
S.A.
6
.500
11/07/33
1,334
TOTAL
CAPITAL
GOODS
5,809
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.1%
5,000,000
(c)
Prime
Security
Services
Borrower
LLC
5
.750
04/15/26
4,985
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
4,985
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.0%
3,600,000
(c)
Prosus
NV
3
.257
01/19/27
3,336
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
3,336
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.1%
3,505,000
(c)
Albertsons
Cos,
Inc
6
.500
02/15/28
3,542
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
3,542
ENERGY
-
0.8%
2,275,000
Ecopetrol
S.A.
4
.625
11/02/31
1,893
5,000,000
(c)
EIG
Pearl
Holdings
Sarl
3
.545
08/31/36
4,265
1,025,000
(c)
Empresa
Nacional
del
Petroleo
6
.150
05/10/33
1,041
3,000,000
Energy
Transfer
LP
6
.400
12/01/30
3,167
680,000
(c)
EQM
Midstream
Partners
LP
7
.500
06/01/27
697
6,000,000
(c)
EQM
Midstream
Partners
LP
6
.500
07/01/27
6,053
2,500,000
Genesis
Energy
LP
8
.000
01/15/27
2,529
5,000,000
(c)
Hilcorp
Energy
I
LP
6
.000
04/15/30
4,895
2,000,000
(c)
Hilcorp
Energy
I
LP
6
.250
04/15/32
1,972
5,000,000
(c)
Kinetik
Holdings
LP
5
.875
06/15/30
4,891
5,000,000
Occidental
Petroleum
Corp
3
.500
08/15/29
4,534
10,000,000
Occidental
Petroleum
Corp
8
.875
07/15/30
11,617
3,150,000
(c)
Parkland
Corp
4
.625
05/01/30
2,904
1,000,000
Petroleos
Mexicanos
5
.350
02/12/28
886
2,375,000
Petroleos
Mexicanos
6
.700
02/16/32
1,975
1,315,789
Reliance
Industries
Ltd
2
.444
01/15/26
1,273
TOTAL
ENERGY
54,592
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.0%
3,000,000
Extra
Space
Storage
LP
5
.700
04/01/28
3,054
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
3,054
FINANCIAL
SERVICES
-
0.1%
3,000,000
AerCap
Ireland
Capital
DAC
3
.000
10/29/28
2,714
1,700,000
(c),(d)
Indian
Railway
Finance
Corp
Ltd
3
.570
01/21/32
1,502
3,000,000
Morgan
Stanley
2
.511
10/20/32
2,482
TOTAL
FINANCIAL
SERVICES
6,698
FOOD,
BEVERAGE
&
TOBACCO
-
0.1%
4,200,000
(c)
Bimbo
Bakeries
USA,
Inc
6
.400
01/15/34
4,502
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
4,502
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.2%
13,510,000
Montefiore
Medical
Center
2
.895
04/20/32
11,438
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
11,438
CREF
Inflation-Linked
Bond
Account
March
31,
2024
274
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
-
0.3%
$
3,300,000
(c)
Alpek
SAB
de
C.V.
3
.250
%
02/25/31
$
2,826
600,000
(c)
Antofagasta
plc
5
.625
05/13/32
602
8,700,000
(c)
Corp
Nacional
del
Cobre
de
Chile
5
.125
02/02/33
8,282
2,950,000
(c)
Freeport
Indonesia
PT
5
.315
04/14/32
2,886
2,800,000
(c)
POSCO
4
.375
08/04/25
2,756
1,000,000
(c)
Sasol
Financing
USA
LLC
8
.750
05/03/29
1,019
5,000,000
(c)
SunCoke
Energy,
Inc
4
.875
06/30/29
4,527
TOTAL
MATERIALS
22,898
MEDIA
&
ENTERTAINMENT
-
0.1%
5,000,000
(c)
CCO
Holdings
LLC
5
.125
05/01/27
4,764
3,000,000
Charter
Communications
Operating
LLC
4
.400
04/01/33
2,658
TOTAL
MEDIA
&
ENTERTAINMENT
7,422
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.1%
4,680,000
Teva
Pharmaceutical
Finance
Netherlands
III
BV
7
.875
09/15/29
5,024
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
5,024
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.1%
1,715,000
(c)
SK
Hynix,
Inc
6
.500
01/17/33
1,827
1,575,000
TSMC
Arizona
Corp
1
.750
10/25/26
1,451
2,000,000
TSMC
Arizona
Corp
4
.250
04/22/32
1,948
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
5,226
SOFTWARE
&
SERVICES
-
0.0%
455,000
(c)
Open
Text
Corp
6
.900
12/01/27
470
TOTAL
SOFTWARE
&
SERVICES
470
TELECOMMUNICATION
SERVICES
-
0.1%
2,900,000
AT&T,
Inc
2
.250
02/01/32
2,357
3,000,000
(c)
Telefonica
Moviles
Chile
S.A.
3
.537
11/18/31
2,278
3,000,000
T-Mobile
USA,
Inc
5
.050
07/15/33
2,967
3,100,000
Verizon
Communications,
Inc
2
.355
03/15/32
2,548
TOTAL
TELECOMMUNICATION
SERVICES
10,150
TRANSPORTATION
-
0.1%
2,500,000
(c)
Grupo
Aeromexico
SAB
de
C.V.
8
.500
03/17/27
2,479
3,260,000
(c)
Misc
Capital
Two
Labuan
Ltd
3
.750
04/06/27
3,113
3,900,000
(c)
Transnet
SOC
Ltd
8
.250
02/06/28
3,875
TOTAL
TRANSPORTATION
9,467
UTILITIES
-
0.1%
2,500,000
(c)
Ferrellgas
LP
5
.875
04/01/29
2,381
3,000,000
Florida
Power
&
Light
Co
4
.800
05/15/33
2,955
1,450,000
(c)
Israel
Electric
Corp
Ltd
3
.750
02/22/32
1,222
TOTAL
UTILITIES
6,558
TOTAL
CORPORATE
BONDS
176,063
(Cost
$183,790)
GOVERNMENT
BONDS
-
92.3%
AGENCY
SECURITIES
-
0.1%
9,000,000
Federal
National
Mortgage
Association
(FNMA)
1
.625
08/24/35
6,476
TOTAL
AGENCY
SECURITIES
6,476
FOREIGN
GOVERNMENT
BONDS
-
0.1%
6,250,000
(c)
Central
American
Bank
for
Economic
Integration
5
.000
02/09/26
6,215
300,000
(c)
Magyar
Export-Import
Bank
Zrt
6
.125
12/04/27
302
TOTAL
FOREIGN
GOVERNMENT
BONDS
6,517
275
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
MORTGAGE
BACKED
-
2.3%
$
360,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.100%
8
.420
%
03/25/42
$
375
6,235,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.350%
8
.670
01/25/43
6,592
4,365,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.550%
8
.871
05/25/43
4,657
6,324,200
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.900%
9
.188
07/25/43
6,663
4,510,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.550%
8
.870
10/25/43
4,700
16,070,425
Government
National
Mortgage
Association
(GNMA)
3
.600
09/15/31
16,019
8,108,670
GNMA
3
.650
02/15/32
7,767
1,943,468
GNMA
3
.380
07/15/35
1,858
2,584,451
GNMA
3
.870
10/15/36
2,460
33,226,676
GNMA
1
.730
07/15/37
27,988
22,041,114
GNMA
1
.650
07/15/42
17,932
24,393,641
GNMA
2
.750
01/15/45
21,305
5,002,673
GNMA
4
.930
10/15/45
4,976
918,017
(a),(c)
Structured
Agency
Credit
Risk
Debt
Note
(STACR)
30
D
AVG
SOFR
+
2.900%
8
.220
04/25/42
950
20,000,000
(a),(c)
STACR
30
D
AVG
SOFR
+
3.350%
8
.670
05/25/42
20,927
4,355,000
(a),(c)
STACR
30
D
AVG
SOFR
+
4.500%
9
.820
06/25/42
4,716
2,815,000
(a),(c)
STACR
30
D
AVG
SOFR
+
3.700%
9
.020
09/25/42
2,988
1,995,000
(a),(c)
STACR
30
D
AVG
SOFR
+
3.250%
8
.570
04/25/43
2,096
1,256,843
(c)
Verus
Securitization
Trust
4
.000
11/25/59
1,221
TOTAL
MORTGAGE
BACKED
156,190
U.S.
TREASURY
SECURITIES
-
89.8%
40,033,733
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.250
01/15/25
39,349
93,246,870
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2
.375
01/15/25
93,155
193,397,220
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
04/15/25
188,605
201,549,600
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.375
07/15/25
197,147
282,252,125
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
10/15/25
273,940
225,843,982
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.625
01/15/26
219,348
71,972,373
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2
.000
01/15/26
71,641
205,301,664
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
04/15/26
196,618
180,103,000
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
07/15/26
172,611
315,141,046
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
10/15/26
300,626
240,629,675
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.375
01/15/27
229,512
126,853,306
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2
.375
01/15/27
127,859
136,080,644
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
04/15/27
128,215
170,809,945
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.375
07/15/27
162,525
151,980,160
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1
.625
10/15/27
150,515
240,650,025
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.500
01/15/28
227,699
253,760,732
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1
.750
01/15/28
251,624
177,647,040
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1
.250
04/15/28
172,567
135,412,004
(e)
United
States
Treasury
Inflation
Indexed
Bonds
3
.625
04/15/28
143,950
130,339,606
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.750
07/15/28
124,512
56,982,616
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2
.375
10/15/28
58,303
255,237,070
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.875
01/15/29
243,292
134,863,875
(e)
United
States
Treasury
Inflation
Indexed
Bonds
2
.500
01/15/29
138,541
28,305,218
(e)
United
States
Treasury
Inflation
Indexed
Bonds
3
.875
04/15/29
30,945
225,430,370
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.250
07/15/29
207,853
271,826,604
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
01/15/30
246,049
147,331,975
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
07/15/30
132,723
188,346,630
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
01/15/31
167,555
270,902,590
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
07/15/31
239,662
104,769,889
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
01/15/32
91,519
72,270,016
(e)
United
States
Treasury
Inflation
Indexed
Bonds
3
.375
04/15/32
80,044
235,027,100
(e)
United
States
Treasury
Inflation
Indexed
Bonds
0
.625
07/15/32
213,111
430,414,438
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1
.125
01/15/33
403,648
241,394,708
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1
.375
07/15/33
231,661
217,685,720
(e)
United
States
Treasury
Inflation
Indexed
Bonds
1
.750
01/15/34
214,898
14,000,000
United
States
Treasury
Note
3
.500
02/15/33
13,259
37,200,000
United
States
Treasury
Note
3
.875
08/15/33
36,212
CREF
Inflation-Linked
Bond
Account
March
31,
2024
276
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
21,800,000
United
States
Treasury
Note
4
.500
%
11/15/33
$
22,284
TOTAL
U.S.
TREASURY
SECURITIES
6,243,577
TOTAL
GOVERNMENT
BONDS
6,412,760
(Cost
$6,735,697)
STRUCTURED
ASSETS
-
3.7%
ASSET
BACKED
-
0.6%
3,903,948
CarMax
Auto
Owner
Trust
5
.230
01/15/26
3,901
Series
-
2023
1
(Class
A2A)
2,932,500
(c)
DB
Master
Finance
LLC
2
.045
11/20/51
2,684
Series
-
2021
1A
(Class
A2I)
5,767,250
(c)
DB
Master
Finance
LLC
2
.493
11/20/51
5,083
Series
-
2021
1A
(Class
A2II)
4,301,000
(c)
DB
Master
Finance
LLC
2
.791
11/20/51
3,597
Series
-
2021
1A
(Class
A23)
18,000,000
(c)
Ford
Credit
Auto
Owner
Trust
4
.870
08/15/36
17,963
Series
-
2024
1
(Class
A)
3,000,000
(c),(f)
Industrial
DPR
Funding
Ltd
5
.380
04/15/34
2,566
Series
-
2022
1A
(Class
1)
3,622,053
(c)
MVW
LLC
1
.830
05/20/39
3,340
Series
-
2021
2A
(Class
B)
4,191,920
(c)
Sunnova
Helios
VIII
Issuer
LLC
2
.790
02/22/49
3,759
Series
-
2022
A
(Class
A)
TOTAL
ASSET
BACKED
42,893
OTHER
MORTGAGE
BACKED
-
3.1%
5,000,000
(a),(c)
BAMLL
Commercial
Mortgage
Securities
Trust
Term
SOFR
1
Month
+
1.150%
6
.476
01/15/39
4,959
Series
-
2022
DKLX
(Class
A)
7,500,000
(a),(c)
BAMLL
Commercial
Mortgage
Securities
Trust
Term
SOFR
1
Month
+
2.150%
7
.476
01/15/39
7,384
Series
-
2022
DKLX
(Class
C)
2,500,000
(a),(c)
BAMLL
Commercial
Mortgage
Securities
Trust
Term
SOFR
1
Month
+
3.000%
8
.326
01/15/39
2,459
Series
-
2022
DKLX
(Class
D)
2,014,165
(a),(c)
Barclays
Commercial
Mortgage
Trust
Term
SOFR
1
Month
+
1.672%
6
.997
10/15/37
1,988
Series
-
2018
BXH
(Class
C)
2,000,000
(a)
Benchmark
Mortgage
Trust
4
.285
02/15/51
1,656
Series
-
2018
B2
(Class
C)
22,089,527
(a),(c)
BX
Commercial
Mortgage
Trust
Term
SOFR
1
M
+
1.312%
6
.637
10/15/38
21,877
Series
-
2021
XL2
(Class
C)
6,000,000
(a),(c)
BX
Commercial
Mortgage
Trust
SOFR
1
Month
+
1.385%
6
.710
12/15/38
5,932
Series
-
2021
CIP
(Class
B)
2,000,000
(a),(c)
BX
Commercial
Mortgage
Trust
Term
SOFR
1
M
+
1.840%
7
.165
01/17/39
1,975
Series
-
2022
AHP
(Class
B)
15,000,000
(a),(c)
BX
Commercial
Mortgage
Trust
Term
SOFR
1
Month
+
1.392%
6
.692
03/15/41
15,030
Series
-
2024
XL5
(Class
A)
5,650,000
(a),(c)
Citigroup
Commercial
Mortgage
Trust
Term
SOFR
1
M
+
2.014%
7
.340
10/15/38
5,546
Series
-
2021
PRM2
(Class
D)
7,500,000
(a),(c)
Citigroup
Commercial
Mortgage
Trust
Term
SOFR
1
Month
+
2.514%
7
.840
10/15/38
7,381
Series
-
2021
PRM2
(Class
E)
7,144,000
(a)
Citigroup
Commercial
Mortgage
Trust
4
.175
07/10/47
6,997
Series
-
2014
GC23
(Class
B)
929,645
(c)
COMM
Mortgage
Trust
3
.397
03/10/46
856
Series
-
2013
CR6
(Class
B)
2,938,944
(a)
COMM
Mortgage
Trust
4
.585
02/10/47
2,809
Series
-
2014
CR14
(Class
B)
6,821,700
COMM
Mortgage
Trust
4
.377
05/10/47
6,493
Series
-
2014
CR17
(Class
B)
1,000,000
(a)
COMM
Mortgage
Trust
4
.537
10/10/47
955
Series
-
2014
LC17
(Class
C)
2,500,000
(a)
COMM
Mortgage
Trust
4
.464
10/10/48
2,384
Series
-
2015
CR26
(Class
B)
277
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
.970
%
12/25/41
$
9,049
Series
-
2021
R03
(Class
1M2)
150,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.850%
9
.170
05/25/42
159
Series
-
2022
R06
(Class
1M2)
4,000,000
(a),(c)
Connecticut
Avenue
Securities
Trust
SOFR
+
3.600%
8
.920
07/25/42
4,230
Series
-
2022
R08
(Class
1M2)
4,500,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.750%
10
.071
09/25/42
4,927
Series
-
2022
R09
(Class
2M2)
10,855,000
(a),(c)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.750%
9
.071
12/25/42
11,624
Series
-
2023
R01
(Class
1M2)
5,993,024
(a),(c)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
1.434%
6
.760
11/15/38
5,936
Series
-
2021
ELP
(Class
C)
2,497,093
(a),(c)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
2.233%
7
.559
11/15/38
2,474
Series
-
2021
ELP
(Class
E)
11,000,000
(c)
GM
Financial
Revolving
Receivables
Trust
4
.980
12/11/36
11,047
Series
-
2024
1
(Class
A)
5,000,000
(a),(c)
GS
Mortgage
Securities
Corp
II
SOFR
1
M
+
3.464%
8
.790
11/15/36
4,810
Series
-
2021
ARDN
(Class
E)
3,000,000
(a),(c)
GS
Mortgage
Securities
Corp
Trust
SOFR
1
M
+
2.864%
8
.190
11/15/36
2,908
Series
-
2021
ARDN
(Class
D)
2,000,000
(c)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
3
.620
01/16/37
1,154
Series
-
2020
NNN
(Class
DFX)
2,200,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.480
09/15/47
2,157
Series
-
2014
C23
(Class
B)
5,000,000
(a)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4
.000
12/15/47
4,801
Series
-
2014
C19
(Class
B)
3,986,816
(a),(c)
Morgan
Stanley
Capital
I
Inc
SOFR
1
M
+
1.491%
6
.817
11/09/24
3,951
Series
-
2021
ILP
(Class
C)
2,500,000
(c)
MRCD
Mortgage
Trust
2
.718
12/15/36
1,562
Series
-
2019
PARK
(Class
E)
2,500,000
(c)
MRCD
Mortgage
Trust
2
.718
12/15/36
1,687
Series
-
2019
PARK
(Class
D)
9,565,000
(a),(c)
MTN
Commercial
Mortgage
Trust
Term
SOFR
1
Month
+
1.397%
6
.727
03/15/39
9,476
Series
-
2022
LPFL
(Class
A)
6,555,000
(a),(c)
MTN
Commercial
Mortgage
Trust
Term
SOFR
1
Month
+
2.943%
7
.773
03/15/39
6,308
Series
-
2022
LPFL
(Class
D)
2,500,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.279%
7
.605
07/15/36
2,060
Series
-
2019
MILE
(Class
C)
6,720,221
(c)
Oak
Street
Investment
Grade
Net
Lease
Fund
Series
2
.380
11/20/51
6,064
Series
-
2021
2A
(Class
A1)
7,421,798
(a),(c)
SMR
Mortgage
Trust
Term
SOFR
1
M
+
2.400%
7
.725
02/15/39
7,132
Series
-
2022
IND
(Class
B)
2,000,000
(a),(c)
SREIT
Trust
SOFR
1
Month
+
1.286%
6
.611
11/15/36
1,988
Series
-
2021
MFP2
(Class
B)
7,165,000
UBS
Commercial
Mortgage
Trust
4
.036
06/15/50
6,441
Series
-
2017
C1
(Class
B)
7,272,031
(a),(c)
Verus
Securitization
Trust
2
.240
10/25/66
6,098
Series
-
2021
7
(Class
A3)
1,951,000
(a)
WFRBS
Commercial
Mortgage
Trust
4
.004
03/15/45
1,732
Series
-
2013
C11
(Class
C)
TOTAL
OTHER
MORTGAGE
BACKED
216,456
TOTAL
STRUCTURED
ASSETS
259,349
(Cost
$267,798)
SHARES
REFERENCERATE
&
SPREAD
CREF
Inflation-Linked
Bond
Account
March
31,
2024
278
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Cost
amounts
are
in
thousands.
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
COMMON
STOCKS
-
0.2%
FINANCIAL
SERVICES
-
0.2%
475,737
Invesco
Senior
Loan
ETF
$
10,062
TOTAL
FINANCIAL
SERVICES
10,062
TOTAL
COMMON
STOCKS
10,062
(Cost
$10,002)
TOTAL
LONG-TERM
INVESTMENTS
6,887,853‌
(Cost
$7,226,711)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.7%
REPURCHASE
AGREEMENT
-
0.7%
$
44,340,000
(g)
Fixed
Income
Clearing
Corp
(FICC)
5
.320
%
04/01/24
44,340
TOTAL
REPURCHASE
AGREEMENT
44,340
TOTAL
SHORT-TERM
INVESTMENTS
44,340
(Cost
$44,340)
SHARES
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.0%
1,534,859
(h)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5
.340
(i)
1,535
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
1,535
(Cost
$1,535)
TOTAL
INVESTMENTS
-
99.8%
6,933,728
(Cost
$7,272,586)
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.2%
16,533
NET
ASSETS
-
100.0%
$6,950,261
AVG
Average
D
Day
ETF
Exchange
Traded
Fund
M
Month
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.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$376,566,010
or
5.4%
of
Total
Investments.
(d)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$1,486,628.
(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),
5.320%
dated
3/28/24
to
be
repurchased
at
$44,366,210
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.500%
and
maturity
date
7/15/26,
valued
at
$45,226,896.
(h)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(i)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
279
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)
U.S.
Treasury
10-Year
Note
1,950‌
06/18/24
 $
215,039‌
$
216,054‌
$
1,015‌
U.S.
Treasury
5-Year
Note
1,482‌
06/28/24
158,176‌
158,597‌
421‌
Total
3,432‌
 $
373,215‌
 $
374,651‌
 $
1,436‌
CREF
Social
Choice
Account
March
31,
2024
Portfolio
of
Investments
280
See
Notes
to
Portfolio
of
Investments
(Unaudited)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
LONG-TERM
INVESTMENTS
-
99.2%
BANK
LOAN
OBLIGATIONS
-
0.1%
CAPITAL
GOODS
-
0.0%
$
450,366
(a),(b)
KDC
Agribusiness
Fairless
Hills
LLC
12
.000
%
09/17/24
$
58
TOTAL
CAPITAL
GOODS
58
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.0%
15,600,000
(c)
LTR
Intermediate
Holdings,
Inc
SOFR
4
M
+
4.500%
10
.110
05/05/28
14,690
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
14,690
UTILITIES
-
0.1%
15,311,026
(c)
TerraForm
Power
Operating
LLC
SOFR
4
M
+
2.500%
7
.902
05/21/29
15,234
TOTAL
UTILITIES
15,234
TOTAL
BANK
LOAN
OBLIGATIONS
29,982
(Cost
$31,089)
CORPORATE
BONDS
-
11.2%
AUTOMOBILES
&
COMPONENTS
-
0.2%
6,760,000
Ford
Motor
Co
3
.250
02/12/32
5,623
12,866,000
Magna
International,
Inc
3
.625
06/15/24
12,801
10,727,000
Toyota
Motor
Credit
Corp
2
.150
02/13/30
9,283
2,260,000
(d)
ZF
North
America
Capital,
Inc
6
.875
04/14/28
2,344
4,980,000
(d)
ZF
North
America
Capital,
Inc
7
.125
04/14/30
5,247
TOTAL
AUTOMOBILES
&
COMPONENTS
35,298
BANKS
-
1.6%
6,925,000
(d)
Banco
Nacional
de
Comercio
Exterior
SNC
2
.720
08/11/31
6,247
11,181,000
Bank
of
America
Corp
0
.981
09/25/25
10,922
4,900,000
(c)
Bank
of
America
Corp
Term
SOFR
3
M
+
3.397%
8
.738
N/A(e)
4,919
10,000,000
Bank
of
Montreal
3
.803
12/15/32
9,329
8,875,000
Bank
of
Montreal
7
.700
05/26/84
8,979
6,325,000
Barclays
plc
6
.692
09/13/34
6,738
1,775,000
Barclays
plc
6
.036
03/12/55
1,848
11,375,000
(d)
BNP
Paribas
S.A.
5
.894
12/05/34
11,894
2,500,000
(d),(f)
BNP
Paribas
S.A.
8
.500
N/A(e)
2,613
20,525,000
(d)
BPCE
S.A.
2
.045
10/19/27
18,726
3,530,000
Citigroup,
Inc
6
.035
10/30/24
3,534
14,591,000
Citigroup,
Inc
1
.281
11/03/25
14,194
4,841,000
Citigroup,
Inc
2
.014
01/25/26
4,694
3,250,000
(c)
Citigroup,
Inc
SOFR
+
0.694%
5
.330
01/25/26
3,253
2,625,000
(f)
Citigroup,
Inc
7
.625
N/A(e)
2,756
2,150,000
(d)
Cooperatieve
Rabobank
UA
1
.004
09/24/26
2,011
18,000,000
(d),(f)
Credit
Agricole
S.A.
5
.335
01/10/30
17,949
9,500,000
(d)
Credit
Agricole
S.A.
6
.251
01/10/35
9,656
7,500,000
Deutsche
Bank
AG.
6
.819
11/20/29
7,840
2,425,000
(c),(d)
Federation
des
Caisses
Desjardins
du
Quebec
SOFR
+
0.430%
5
.774
05/21/24
2,426
4,950,000
(d)
Federation
des
Caisses
Desjardins
du
Quebec
5
.147
11/27/28
5,020
9,125,000
(d)
Federation
des
Caisses
Desjardins
du
Quebec
5
.250
04/26/29
9,103
10,000,000
HSBC
Holdings
plc
5
.210
08/11/28
9,971
9,925,000
HSBC
Holdings
plc
6
.161
03/09/29
10,197
5,500,000
(d)
ING
Groep
NV
1
.400
07/01/26
5,223
3,850,000
ING
Groep
NV
6
.114
09/11/34
3,997
1,825,000
(d)
Intesa
Sanpaolo
S.p.A
5
.017
06/26/24
1,819
9,750,000
(d)
Intesa
Sanpaolo
S.p.A
3
.250
09/23/24
9,633
281
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,650,000
(d)
Intesa
Sanpaolo
S.p.A
6
.625
%
06/20/33
$
3,787
13,800,000
(d)
Intesa
Sanpaolo
S.p.A
7
.200
11/28/33
14,865
15,000,000
(d)
Intesa
Sanpaolo
S.p.A
7
.800
11/28/53
17,018
12,475,000
JPMorgan
Chase
&
Co
6
.875
N/A(e)
12,909
5,990,000
JPMorgan
Chase
&
Co
3
.650
N/A(e)
5,689
4,000,000
Lloyds
Banking
Group
plc
4
.500
11/04/24
3,961
10,875,000
(d)
National
Australia
Bank
Ltd
2
.332
08/21/30
8,956
3,250,000
Royal
Bank
of
Canada
1
.200
04/27/26
3,004
3,375,000
(d)
Royal
Bank
of
Canada
1
.050
09/14/26
3,075
10,750,000
(d)
Royal
Bank
of
Canada
4
.851
12/14/26
10,736
3,933,000
Santander
Holdings
USA,
Inc
5
.807
09/09/26
3,935
7,550,000
(d)
Shinhan
Financial
Group
Co
Ltd
5
.000
07/24/28
7,492
8,850,000
(d)
Societe
Generale
S.A.
7
.132
01/19/55
8,835
3,507,000
Toronto-Dominion
Bank
1
.250
12/13/24
3,405
15,000,000
(d)
UniCredit
S.p.A
2
.569
09/22/26
14,286
5,000,000
(d)
United
Overseas
Bank
Ltd
2
.000
10/14/31
4,577
10,450,000
Wells
Fargo
&
Co
4
.540
08/15/26
10,316
TOTAL
BANKS
342,337
CAPITAL
GOODS
-
0.2%
10,625,000
Air
Lease
Corp
5
.100
03/01/29
10,555
4,390,000
Conservation
Fund
3
.474
12/15/29
3,982
8,725,000
Cummins,
Inc
5
.450
02/20/54
8,920
1,720,000
Nature
Conservancy
2
.668
03/01/26
1,622
3,000,000
Nature
Conservancy
3
.001
03/01/29
2,741
6,668,000
Nature
Conservancy
3
.957
03/01/52
5,640
6,900,000
(d),(f)
Sociedad
de
Transmision
Austral
S.A.
4
.000
01/27/32
6,038
10,500,000
(d)
Triton
Container
International
Ltd
1
.150
06/07/24
10,406
TOTAL
CAPITAL
GOODS
49,904
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.1%
5,575,000
(d)
Ambipar
Lux
Sarl
9
.875
02/06/31
5,586
9,500,000
Automatic
Data
Processing,
Inc
1
.700
05/15/28
8,503
10,000,000
Automatic
Data
Processing,
Inc
1
.250
09/01/30
8,170
15,810,000
Rockefeller
Foundation
2
.492
10/01/50
10,152
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
32,411
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.1%
6,200,000
Genuine
Parts
Co
1
.750
02/01/25
6,000
11,000,000
Lowe's
Cos,
Inc
4
.800
04/01/26
10,937
5,525,000
Lowe's
Cos,
Inc
2
.800
09/15/41
3,927
5,300,000
Lowe's
Cos,
Inc
5
.750
07/01/53
5,470
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
26,334
CONSUMER
DURABLES
&
APPAREL
-
0.0%
3,950,000
Unilever
Capital
Corp
2
.600
05/05/24
3,938
TOTAL
CONSUMER
DURABLES
&
APPAREL
3,938
CONSUMER
SERVICES
-
0.3%
2,900,000
Bush
Foundation
2
.754
10/01/50
1,893
4,750,000
Enterprise
Community
Loan
Fund,
Inc
4
.152
11/01/28
4,486
10,000,000
Henry
J
Kaiser
Family
Foundation
3
.356
12/01/25
9,510
2,250,000
Mary
Free
Bed
Rehabilitation
Hospital
3
.786
04/01/51
1,690
7,725,000
Massachusetts
Higher
Education
Assistance
Corp
2
.673
07/01/31
6,410
10,000,000
Mather
Foundation
2
.675
10/01/31
8,262
2,200,000
Salvation
Army
5
.637
09/01/26
2,209
20,000,000
Salvation
Army
4
.528
09/01/48
17,517
8,400,000
Starbucks
Corp
2
.450
06/15/26
7,942
5,000,000
Starbucks
Corp
4
.450
08/15/49
4,337
11,065,000
YMCA
of
Greater
New
York
5
.151
08/01/48
9,062
TOTAL
CONSUMER
SERVICES
73,318
CREF
Social
Choice
Account
March
31,
2024
282
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.2%
$
2,000,000
(d)
Alimentation
Couche-Tard,
Inc
3
.625
%
05/13/51
$
1,480
10,625,000
SYSCO
Corp
5
.750
01/17/29
10,932
13,598,000
SYSCO
Corp
2
.400
02/15/30
11,766
3,700,000
SYSCO
Corp
6
.000
01/17/34
3,937
18,954,000
Walmart,
Inc
1
.800
09/22/31
15,736
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
43,851
ENERGY
-
0.8%
11,125,000
BP
Capital
Markets
America,
Inc
4
.699
04/10/29
11,097
9,265,000
BP
Capital
Markets
America,
Inc
4
.812
02/13/33
9,144
6,050,000
BP
Capital
Markets
America,
Inc
4
.893
09/11/33
6,008
5,525,000
BP
Capital
Markets
America,
Inc
4
.989
04/10/34
5,518
9,875,000
BP
Capital
Markets
America,
Inc
2
.772
11/10/50
6,392
6,925,000
BP
Capital
Markets
plc
6
.450
N/A(e)
7,172
8,000,000
(f)
Cheniere
Energy
Partners
LP
4
.000
03/01/31
7,271
4,850,000
(f)
Cheniere
Energy
Partners
LP
5
.950
06/30/33
4,959
4,050,000
(d)
Cheniere
Energy,
Inc
5
.650
04/15/34
4,079
8,350,000
ConocoPhillips
Co
5
.050
09/15/33
8,426
8,875,000
ConocoPhillips
Co
5
.300
05/15/53
8,813
4,515,000
ConocoPhillips
Co
5
.550
03/15/54
4,653
9,625,000
Enbridge,
Inc
2
.500
01/15/25
9,396
2,423,000
Enbridge,
Inc
5
.750
07/15/80
2,293
8,125,000
Equinor
ASA
2
.375
05/22/30
7,115
5,932,000
Equinor
ASA
3
.950
05/15/43
5,016
12,450,000
Equinor
ASA
3
.250
11/18/49
9,070
5,825,000
Marathon
Oil
Corp
5
.300
04/01/29
5,814
10,070,000
(d)
New
York
State
Electric
&
Gas
Corp
5
.650
08/15/28
10,298
6,800,000
Pioneer
Natural
Resources
Co
5
.100
03/29/26
6,791
2,975,000
(d)
Raizen
Fuels
Finance
S.A.
6
.450
03/05/34
3,052
2,185,000
Total
Capital
International
S.A.
3
.750
04/10/24
2,184
11,400,000
TotalEnergies
Capital
International
S.A.
2
.986
06/29/41
8,621
11,316,000
TotalEnergies
Capital
International
S.A.
3
.127
05/29/50
8,059
9,483,000
Williams
Cos,
Inc
5
.400
03/02/26
9,507
10,000,000
Williams
Cos,
Inc
5
.300
08/15/28
10,085
TOTAL
ENERGY
180,833
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.3%
8,595,000
Brixmor
Operating
Partnership
LP
3
.900
03/15/27
8,247
6,600,000
Brixmor
Operating
Partnership
LP
2
.250
04/01/28
5,861
1,500,000
ERP
Operating
LP
4
.150
12/01/28
1,454
4,470,000
(d),(f)
HAT
Holdings
I
LLC
3
.375
06/15/26
4,210
3,480,000
(d),(f)
HAT
Holdings
I
LLC
8
.000
06/15/27
3,629
9,585,000
(d),(f)
HAT
Holdings
I
LLC
3
.750
09/15/30
8,050
1,800,000
Regency
Centers
Corp
5
.250
01/15/34
1,793
16,822,000
Regency
Centers
LP
3
.750
06/15/24
16,726
7,118,000
SITE
Centers
Corp
3
.625
02/01/25
7,008
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
56,978
FINANCIAL
SERVICES
-
1.5%
5,000,000
BB
Blue
Financing
DAC
4
.395
09/20/29
4,913
10,839,600
BB
Blue
Financing
DAC
4
.395
09/20/37
10,699
11,645,000
Community
Preservation
Corp
2
.867
02/01/30
10,174
405,288
Durrah
MSN
35603
1
.684
01/22/25
399
3,250,000
(d)
Equitable
Financial
Life
Global
Funding
1
.300
07/12/26
2,950
950,000
Fiserv,
Inc
2
.750
07/01/24
943
10,400,000
Ford
Foundation
2
.815
06/01/70
6,358
10,000,000
Goldman
Sachs
Group,
Inc
0
.855
02/12/26
9,579
3,416,000
Goldman
Sachs
Group,
Inc
5
.500
N/A(e)
3,387
14,242,000
(d)
GPS
Blue
Financing
DAC
5
.645
11/09/41
13,558
6,955,000
Kreditanstalt
fuer
Wiederaufbau
4
.375
02/28/34
6,978
9,875,000
Low
Income
Investment
Fund
3
.711
07/01/29
8,985
283
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,725,000
Mastercard,
Inc
1
.900
%
03/15/31
$
6,452
10,000,000
Morgan
Stanley
5
.857
01/22/25
10,006
14,438,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.150
12/15/32
13,401
1,992,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.250
04/20/46
1,940
1,925,000
NHP
Foundation
5
.850
12/01/28
1,958
4,850,000
NHP
Foundation
6
.000
12/01/33
4,917
16,475,000
Private
Export
Funding
Corp
(PEFCO)
1
.400
07/15/28
14,555
13,500,000
Private
Export
Funding
Corp
(PEFCO)
4
.300
12/15/28
13,469
9,900,000
Private
Export
Funding
Corp
(PEFCO)
4
.600
02/15/34
9,940
10,250,000
Reinvestment
Fund,
Inc
3
.366
11/01/24
10,042
2,570,000
Reinvestment
Fund,
Inc
3
.513
11/01/25
2,434
15,240,000
Reinvestment
Fund,
Inc
3
.880
02/15/27
13,991
7,435,000
Reinvestment
Fund,
Inc
3
.930
02/15/28
6,834
4,430,000
(d)
Starwood
Property
Trust,
Inc
4
.375
01/15/27
4,167
2,800,000
(d)
Starwood
Property
Trust,
Inc
7
.250
04/01/29
2,822
7,671,540
Thirax  LLC
1
.462
03/07/33
6,594
12,250,000
(d)
UBS
Group
AG.
6
.327
12/22/27
12,514
10,250,000
(d)
UBS
Group
AG.
5
.428
02/08/30
10,265
10,000,000
(d)
UBS
Group
AG.
2
.746
02/11/33
8,169
9,925,000
(d)
UBS
Group
AG.
6
.301
09/22/34
10,389
6,150,000
(d)
UBS
Group
AG.
5
.699
02/08/35
6,181
7,150,000
(d)
UBS
Group
AG.
3
.179
02/11/43
5,231
4,050,000
(d)
UBS
Group
AG.
9
.250
N/A(e)
4,388
9,500,000
(d),(f)
UBS
Group
AG.
7
.750
N/A(e)
9,770
3,375,000
(d)
UBS
Group
AG.
9
.250
N/A(e)
3,809
7,500,000
Visa,
Inc
1
.900
04/15/27
6,936
17,000,000
Visa,
Inc
1
.100
02/15/31
13,566
3,450,000
(d)
WLB
Asset
II
B
Pte
Ltd
3
.950
12/10/24
3,278
5,500,000
(d)
WLB
Asset
II
C
Pte
Ltd
3
.900
12/23/25
5,135
15,750,000
(d)
WLB
Asset
II
D
Pte
Ltd
6
.500
12/21/26
15,092
9,750,000
(d)
WLB
Asset
VI
Pte
Ltd
7
.250
12/21/27
9,736
TOTAL
FINANCIAL
SERVICES
326,904
FOOD,
BEVERAGE
&
TOBACCO
-
0.3%
3,725,000
Campbell
Soup
Co
5
.200
03/21/29
3,743
6,325,000
Campbell
Soup
Co
5
.400
03/21/34
6,372
10,125,000
(d)
Mars,
Inc
4
.650
04/20/31
9,994
10,000,000
(d),(f)
NBM
US
Holdings,
Inc
6
.625
08/06/29
9,936
6,600,000
(d)
Nestle
Holdings,
Inc
4
.950
03/14/30
6,684
10,000,000
PepsiCo,
Inc
3
.900
07/18/32
9,480
16,674,000
PepsiCo,
Inc
2
.875
10/15/49
11,614
11,075,000
Unilever
Capital
Corp
2
.000
07/28/26
10,385
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
68,208
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.1%
1,625,000
Cigna
Group
5
.600
02/15/54
1,631
6,688,000
Kaiser
Foundation
Hospitals
2
.810
06/01/41
4,936
13,275,000
Montefiore
Medical
Center
2
.895
04/20/32
11,239
10,385,000
Stanford
Health
Care
3
.027
08/15/51
7,191
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
24,997
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.4%
5,300,000
Procter
&
Gamble
Co
3
.000
03/25/30
4,879
12,975,000
Procter
&
Gamble
Co
1
.200
10/29/30
10,613
10,875,000
Procter
&
Gamble
Co
4
.550
01/29/34
10,815
17,300,000
Unilever
Capital
Corp
4
.875
09/08/28
17,490
5,523,000
Unilever
Capital
Corp
2
.125
09/06/29
4,866
6,125,000
Unilever
Capital
Corp
1
.375
09/14/30
4,978
8,475,000
Unilever
Capital
Corp
1
.750
08/12/31
6,923
10,000,000
Unilever
Capital
Corp
5
.000
12/08/33
10,111
CREF
Social
Choice
Account
March
31,
2024
284
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
9,425,000
Unilever
Capital
Corp
2
.625
%
08/12/51
$
6,198
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
76,873
INSURANCE
-
0.2%
14,425,000
(d)
Five
Corners
Funding
Trust
II
2
.850
05/15/30
12,643
11,600,000
(d)
Muenchener
Rueckversicherungs-Gesellschaft
AG.
in
Muenchen
5
.875
05/23/42
11,754
10,000,000
Principal
Financial
Group,
Inc
2
.125
06/15/30
8,378
2,152,000
Prudential
Financial,
Inc
3
.700
10/01/50
1,881
11,448,000
(d)
USAA
Capital
Corp
2
.125
05/01/30
9,569
TOTAL
INSURANCE
44,225
MATERIALS
-
0.7%
10,500,000
Air
Products
and
Chemicals,
Inc
4
.800
03/03/33
10,443
2,755,000
(d)
Alcoa
Nederland
Holding
BV
7
.125
03/15/31
2,806
6,550,000
(d),(f)
Celulosa
Arauco
y
Constitucion
S.A.
4
.200
01/29/30
5,994
9,145,000
(d)
Celulosa
Arauco
y
Constitucion
S.A.
5
.150
01/29/50
7,469
7,250,000
(d)
Cemex
SAB
de
C.V.
9
.125
N/A(e)
7,876
14,000,000
Dow
Chemical
Co
5
.150
02/15/34
13,950
11,000,000
(d),(f)
FMG
Resources
August
2006
Pty
Ltd
6
.125
04/15/32
10,876
3,409,000
International
Paper
Co
4
.800
06/15/44
3,078
12,000,000
(d)
Inversiones
CMPC
S.A.
4
.375
04/04/27
11,544
2,150,000
(d)
Inversiones
CMPC
S.A.
6
.125
06/23/33
2,181
4,000,000
(d)
Klabin
Austria
GmbH
7
.000
04/03/49
4,047
4,000,000
(d)
Klabin
Finance
S.A.
4
.875
09/19/27
3,877
6,855,000
(d)
LG
Chem
Ltd
4
.375
07/14/25
6,743
3,250,000
(d)
LG
Chem
Ltd
3
.625
04/15/29
3,029
14,875,000
LYB
International
Finance
III
LLC
5
.500
03/01/34
14,902
5,000,000
Newmont
Corp
2
.250
10/01/30
4,255
9,875,000
PPG
Industries,
Inc
1
.200
03/15/26
9,155
3,775,000
(d),(g)
Smurfit
Kappa
Treasury
ULC
5
.200
01/15/30
3,767
13,945,760
(d)
Star
Energy
Geothermal
Wayang
Windu
Ltd
6
.750
04/24/33
13,994
7,500,000
Suzano
International
Finance
BV
5
.500
01/17/27
7,470
12,736,000
Teck
Resources
Ltd
3
.900
07/15/30
11,740
TOTAL
MATERIALS
159,196
MEDIA
&
ENTERTAINMENT
-
0.1%
11,250,000
(f)
Comcast
Corp
4
.650
02/15/33
11,040
TOTAL
MEDIA
&
ENTERTAINMENT
11,040
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.3%
3,884,000
Merck
&
Co,
Inc
1
.900
12/10/28
3,445
12,550,000
Merck
&
Co,
Inc
2
.150
12/10/31
10,504
8,800,000
Merck
&
Co,
Inc
2
.750
12/10/51
5,753
6,925,000
Pfizer
Investment
Enterprises
Pte
Ltd
4
.650
05/19/25
6,880
9,025,000
Pfizer
Investment
Enterprises
Pte
Ltd
4
.750
05/19/33
8,886
6,475,000
Pfizer
Investment
Enterprises
Pte
Ltd
5
.110
05/19/43
6,332
15,000,000
Pfizer
Investment
Enterprises
Pte
Ltd
5
.300
05/19/53
14,913
4,497,000
Pfizer,
Inc
2
.625
04/01/30
4,006
5,400,000
Pfizer,
Inc
1
.750
08/18/31
4,406
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
65,125
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.1%
8,550,000
National
Community
Renaissance
of
California
3
.270
12/01/32
6,824
9,770,000
Preservation
Of
Affordable
Housing,
Inc
4
.479
12/01/32
9,032
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
15,856
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.1%
11,550,000
(f)
Intel
Corp
4
.150
08/05/32
10,970
7,208,000
NXP
BV
3
.400
05/01/30
6,542
10,000,000
Texas
Instruments,
Inc
5
.050
05/18/63
9,739
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
27,251
285
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.1%
$
14,250,000
Apple,
Inc
3
.000
%
06/20/27
$
13,575
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
13,575
TELECOMMUNICATION
SERVICES
-
0.1%
9,548,000
Verizon
Communications,
Inc
2
.550
03/21/31
8,157
1,800,000
Vodafone
Group
plc
3
.250
06/04/81
1,684
8,200,000
Vodafone
Group
plc
4
.125
06/04/81
7,063
TOTAL
TELECOMMUNICATION
SERVICES
16,904
TRANSPORTATION
-
0.1%
6,000,000
Norfolk
Southern
Corp
2
.300
05/15/31
5,074
8,377,000
Vessel
Management
Services,
Inc
5
.125
04/16/35
8,341
TOTAL
TRANSPORTATION
13,415
UTILITIES
-
3.3%
3,750,000
AES
Corp
1
.375
01/15/26
3,473
7,954,000
AES
Corp
5
.450
06/01/28
7,939
6,725,000
Algonquin
Power
&
Utilities
Corp
5
.365
06/15/26
6,689
12,325,000
Ameren
Illinois
Co
2
.900
06/15/51
8,084
4,500,000
Atlantic
City
Electric
Co
2
.300
03/15/31
3,771
3,345,000
Avangrid,
Inc
3
.150
12/01/24
3,288
9,950,000
Avangrid,
Inc
3
.200
04/15/25
9,695
13,200,000
Avangrid,
Inc
3
.800
06/01/29
12,381
7,050,000
(d)
Brooklyn
Union
Gas
Co
4
.632
08/05/27
6,844
10,000,000
(d)
Brooklyn
Union
Gas
Co
4
.866
08/05/32
9,260
9,875,000
CenterPoint
Energy
Houston
Electric
LLC
2
.350
04/01/31
8,368
3,550,000
CMS
Energy
Corp
4
.750
06/01/50
3,270
3,100,000
CMS
Energy
Corp
3
.750
12/01/50
2,540
11,300,000
(d)
Colbun
S.A.
3
.150
01/19/32
9,535
17,500,000
Commonwealth
Edison
Co
2
.750
09/01/51
10,842
5,600,000
Connecticut
Light
and
Power
Co
4
.650
01/01/29
5,536
7,525,000
(d)
Consorcio
Transmantaro
SA
4
.700
04/16/34
7,095
6,200,000
Consumers
Energy
Co
4
.600
05/30/29
6,128
5,453,000
Consumers
Energy
Co
2
.500
05/01/60
3,144
14,804,160
(d)
Continental
Wind
LLC
6
.000
02/28/33
14,998
13,087,000
Dominion
Energy,
Inc
2
.250
08/15/31
10,709
8,325,000
(f)
Dominion
Energy,
Inc
4
.350
N/A(e)
7,794
4,000,000
Dominion
Energy,
Inc
(Step
Bond)
3
.071
08/15/24
3,957
22,625,000
DTE
Electric
Co
1
.900
04/01/28
20,286
3,998,000
DTE
Electric
Co
3
.950
03/01/49
3,242
9,025,000
DTE
Electric
Co
3
.250
04/01/51
6,316
3,688,000
Duke
Energy
Carolinas
LLC
2
.850
03/15/32
3,163
2,332,000
Duke
Energy
Carolinas
LLC
3
.550
03/15/52
1,698
10,000,000
Duke
Energy
Florida
LLC
2
.500
12/01/29
8,866
5,625,000
Duke
Energy
Florida
LLC
2
.400
12/15/31
4,718
8,875,000
Duke
Energy
Florida
LLC
3
.000
12/15/51
5,823
4,000,000
Duke
Energy
Progress
LLC
3
.450
03/15/29
3,763
5,276,000
Duke
Energy
Progress
LLC
4
.000
04/01/52
4,186
20,250,000
(d)
Electricite
de
France
S.A.
3
.625
10/13/25
19,730
2,800,000
Eversource
Energy
0
.800
08/15/25
2,621
6,375,000
Florida
Power
&
Light
Co
4
.625
05/15/30
6,330
9,885,000
Georgia
Power
Co
3
.250
04/01/26
9,519
8,700,000
Georgia
Power
Co
5
.125
05/15/52
8,415
7,288,875
(d)
India
Cleantech
Energy
4
.700
08/10/26
6,837
9,700,000
Interstate
Power
and
Light
Co
3
.500
09/30/49
7,000
14,641,000
(d)
Liberty
Utilities
Finance
GP
2
.050
09/15/30
11,857
7,511,000
MidAmerican
Energy
Co
3
.650
04/15/29
7,144
5,725,000
MidAmerican
Energy
Co
5
.350
01/15/34
5,891
1,000,000
MidAmerican
Energy
Co
3
.950
08/01/47
803
3,596,000
MidAmerican
Energy
Co
3
.150
04/15/50
2,506
1,925,000
MidAmerican
Energy
Co
5
.850
09/15/54
2,054
CREF
Social
Choice
Account
March
31,
2024
286
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
12,350,000
National
Fuel
Gas
Co
5
.500
%
01/15/26
$
12,331
5,600,000
(f)
National
Fuel
Gas
Co
5
.500
10/01/26
5,601
11,250,000
National
Fuel
Gas
Co
2
.950
03/01/31
9,460
11,610,000
(d)
New
York
State
Electric
&
Gas
Corp
2
.150
10/01/31
9,312
12,500,000
NextEra
Energy
Capital
Holdings,
Inc
4
.900
03/15/29
12,448
5,650,000
NextEra
Energy
Capital
Holdings,
Inc
5
.250
03/15/34
5,637
3,829,000
(d),(f)
NextEra
Energy
Operating
Partners
LP
7
.250
01/15/29
3,918
14,417,000
(d)
Niagara
Mohawk
Power
Corp
1
.960
06/27/30
11,884
9,750,000
(d)
Niagara
Mohawk
Power
Corp
4
.119
11/28/42
7,908
5,250,000
Northwest
Natural
Gas
Co
3
.078
12/01/51
3,237
21,737,000
Pacific
Gas
and
Electric
Co
6
.700
04/01/53
23,527
10,534,000
PacifiCorp
2
.900
06/15/52
6,457
7,113,000
Piedmont
Natural
Gas
Co,
Inc
3
.350
06/01/50
4,805
2,100,000
PPL
Electric
Utilities
Corp
4
.850
02/15/34
2,065
630,000
Public
Service
Co
of
Colorado
4
.750
08/15/41
547
5,000,000
Public
Service
Co
of
Colorado
3
.200
03/01/50
3,386
7,279,000
Public
Service
Co
of
Oklahoma
2
.200
08/15/31
5,949
1,651,000
Public
Service
Electric
and
Gas
Co
3
.100
03/15/32
1,447
4,875,000
Public
Service
Electric
and
Gas
Co
4
.650
03/15/33
4,752
6,134,000
Public
Service
Electric
and
Gas
Co
3
.200
08/01/49
4,387
6,550,000
Public
Service
Electric
and
Gas
Co
5
.125
03/15/53
6,443
17,875,000
Public
Service
Enterprise
Group,
Inc
0
.800
08/15/25
16,797
16,684,000
San
Diego
Gas
&
Electric
Co
4
.950
08/15/28
16,747
19,738,000
San
Diego
Gas
&
Electric
Co
2
.950
08/15/51
13,291
2,615,957
SCE
Recovery
Funding
LLC
1
.977
11/15/28
2,428
7,100,000
SCE
Recovery
Funding
LLC
2
.943
11/15/42
5,747
2,640,000
SCE
Recovery
Funding
LLC
3
.240
11/15/46
1,921
4,900,000
(f)
Sempra
4
.875
N/A(e)
4,794
19,066,301
(d)
Solar
Star
Funding
LLC
3
.950
06/30/35
17,061
18,215,678
(d)
Solar
Star
Funding
LLC
5
.375
06/30/35
17,501
8,150,000
Southern
California
Edison
Co
4
.875
02/01/27
8,125
750,000
Southern
California
Edison
Co
2
.750
02/01/32
635
8,300,000
Southern
California
Edison
Co
5
.200
06/01/34
8,217
1,493,000
Southern
California
Edison
Co
3
.650
06/01/51
1,102
5,000,000
Southern
California
Edison
Co
3
.450
02/01/52
3,532
14,635,000
Southern
Power
Co
4
.150
12/01/25
14,389
14,825,000
Southwestern
Electric
Power
Co
3
.250
11/01/51
9,841
18,650,000
Southwestern
Public
Service
Co
3
.150
05/01/50
12,237
3,690,000
(d),(f)
Sunnova
Energy
Corp
5
.875
09/01/26
2,873
16,135,890
(d)
Sweihan
PV
Power
Co
PJSC
3
.625
01/31/49
12,831
8,612,000
(d)
TerraForm
Power
Operating
LLC
5
.000
01/31/28
8,202
16,283,898
(d),(f)
Topaz
Solar
Farms
LLC
4
.875
09/30/39
14,411
12,478,843
(d)
Topaz
Solar
Farms
LLC
5
.750
09/30/39
12,462
7,708,121
(d)
UEP
Penonome
II
S.A.
6
.500
10/01/38
6,012
15,000,000
Union
Electric
Co
2
.150
03/15/32
12,167
19,626,000
Union
Electric
Co
2
.625
03/15/51
12,073
10,952,000
Union
Electric
Co
3
.900
04/01/52
8,661
3,775,000
(d)
Vistra
Corp
7
.000
N/A(e)
3,738
10,049,000
Wisconsin
Power
and
Light
Co
3
.950
09/01/32
9,320
TOTAL
UTILITIES
720,724
TOTAL
CORPORATE
BONDS
2,429,495
(Cost
$2,627,289)
GOVERNMENT
BONDS
-
24.0%
AGENCY
SECURITIES
-
0.7%
330,050
Abay
Leasing
LLC
2
.654
11/09/26
317
3,332,444
Canal
Barge
Co,
Inc
4
.500
11/12/34
3,228
12,230,793
Crowley
Conro
LLC
4
.181
08/15/43
11,090
3,205,956
Ethiopian
Leasing
LLC
2
.566
08/14/26
3,127
439,968
Export-Import
Bank
of
the
United
States
2
.578
12/10/25
428
287
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
25,000,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
1
.540
%
08/17/35
$
17,774
8,000,000
Federal
National
Mortgage
Association
(FNMA)
0
.625
04/22/25
7,638
18,880,000
FNMA
0
.875
08/05/30
15,286
9,000,000
FNMA
1
.625
08/24/35
6,476
7,340,000
Hashemite
Kingdom
of
Jordan
Government
AID
Bond
3
.000
06/30/25
7,096
2,250,000
(c)
India
Government
AID
Bond
LIBOR
3
M
+
0.100%
5
.668
02/01/27
2,240
13,250,000
Private
Export
Funding
Corp
(PEFCO)
3
.250
06/15/25
12,985
7,765,000
PEFCO
3
.900
10/15/27
7,527
423,833
Sandalwood
LLC
2
.836
07/10/25
417
872,700
Sandalwood
LLC
2
.821
02/12/26
849
21,637,140
Thirax  LLC
0
.968
01/14/33
18,289
3,407,814
Thirax
2
LLC
2
.320
01/22/34
3,015
1,775,000
United
States
International
Development
Finance
Corp
1
.440
04/15/28
1,592
1,000,000
United
States
International
Development
Finance
Corp
1
.650
04/15/28
903
4,264,532
United
States
International
Development
Finance
Corp
1
.790
10/15/29
3,944
13,326,663
United
States
International
Development
Finance
Corp
2
.360
10/15/29
12,525
2,185,000
United
States
International
Development
Finance
Corp
2
.930
05/15/30
2,056
3,611,000
United
States
International
Development
Finance
Corp
3
.040
05/15/30
3,411
10,181,698
United
States
International
Development
Finance
Corp
3
.430
06/01/33
9,503
7,958,959
United
States
International
Development
Finance
Corp
1
.630
07/15/38
6,414
4,911,815
United
States
International
Development
Finance
Corp
2
.450
07/15/38
4,189
5,000,000
US
Department
of
Housing
and
Urban
Development
(HUD)
3
.535
08/01/36
4,359
TOTAL
AGENCY
SECURITIES
166,678
FOREIGN
GOVERNMENT
BONDS
-
3.4%
17,925,000
African
Development
Bank
4
.125
02/25/27
17,711
11,850,000
(d)
Arab
Petroleum
Investments
Corp
1
.483
10/06/26
10,814
9,500,000
Asian
Development
Bank
2
.125
03/19/25
9,234
9,670,000
Asian
Development
Bank
4
.625
06/13/25
9,626
11,500,000
Asian
Development
Bank
1
.750
08/14/26
10,768
22,676,000
Asian
Development
Bank
3
.125
09/26/28
21,532
10,000,000
Asian
Development
Bank
3
.875
06/14/33
9,627
6,263,000
Asian
Infrastructure
Investment
Bank
0
.500
01/27/26
5,800
5,375,000
(f)
Asian
Infrastructure
Investment
Bank
4
.875
09/14/26
5,403
3,000,000
(c),(d),(f)
Asian
Infrastructure
Investment
Bank
SOFR
Compounded
Index
+
0.620%
5
.964
08/16/27
3,015
10,000,000
Asian
Infrastructure
Investment
Bank
4
.125
01/18/29
9,897
11,400,000
Asian
Infrastructure
Investment
Bank
4
.250
03/13/34
11,293
EUR
7,925,000
(d)
Banque
Ouest
Africaine
de
Developpement
2
.750
01/22/33
6,583
17,250,000
(d)
BNG
Bank
NV
3
.500
05/19/28
16,608
1,900,000
(d)
Caisse
d'Amortissement
de
la
Dette
Sociale
0
.625
02/18/26
1,758
12,250,000
(d)
Caisse
d'Amortissement
de
la
Dette
Sociale
4
.875
09/19/26
12,313
4,750,000
(d)
Caisse
d'Amortissement
de
la
Dette
Sociale
1
.375
01/20/31
3,895
5,000,000
Caisse
d'Amortissement
de
la
Dette
Sociale
2
.125
01/26/32
4,231
21,980,000
Canada
Government
International
Bond
2
.875
04/28/25
21,488
16,020,000
Canada
Government
International
Bond
3
.750
04/26/28
15,616
12,500,000
(d)
CDP
Financial,
Inc
1
.000
05/26/26
11,533
5,625,000
(d)
Central
American
Bank
for
Economic
Integration
5
.000
02/09/26
5,594
10,075,000
Chile
Government
International
Bond
3
.100
05/07/41
7,446
8,025,000
Colombia
Government
International
Bond
8
.000
11/14/35
8,425
4,800,000
Colombia
Government
International
Bond
8
.750
11/14/53
5,208
19,500,000
European
Bank
for
Reconstruction
&
Development
1
.625
09/27/24
19,138
5,000,000
European
Investment
Bank
2
.500
10/15/24
4,926
6,540,000
(d)
European
Investment
Bank
2
.876
06/13/25
6,385
CREF
Social
Choice
Account
March
31,
2024
288
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
3,750,000
European
Investment
Bank
2
.375
%
05/24/27
$
3,522
11,961,000
European
Investment
Bank
0
.625
10/21/27
10,467
3,750,000
European
Investment
Bank
3
.250
11/15/27
3,601
11,600,000
European
Investment
Bank
1
.625
10/09/29
10,078
10,000,000
European
Investment
Bank
0
.875
05/17/30
8,155
19,749,000
European
Investment
Bank
0
.750
09/23/30
15,831
6,445,000
(f)
European
Investment
Bank
3
.750
02/14/33
6,179
2,000,000
European
Investment
Bank
4
.875
02/15/36
2,089
10,875,000
Export
Development
Canada
3
.375
08/26/25
10,647
13,050,000
Export
Development
Canada
3
.875
02/14/28
12,785
10,000,000
Export
Development
Canada
4
.125
02/13/29
9,902
10,610,000
Hydro-Quebec
8
.050
07/07/24
10,673
4,868,000
Inter-American
Development
Bank
1
.125
07/20/28
4,253
5,000,000
Inter-American
Development
Bank
1
.125
01/13/31
4,063
15,800,000
Inter-American
Development
Bank
3
.500
04/12/33
14,764
10,625,000
(f)
Inter-American
Investment
Corp
2
.625
04/22/25
10,336
2,644,000
Inter-American
Investment
Corp
0
.625
02/10/26
2,443
19,785,000
Inter-American
Investment
Corp
4
.125
02/15/28
19,441
3,215,000
(c)
International
Bank
for
Reconstruction
&
Development
SOFR
Compounded
Index
+
0.390%
5
.744
06/17/24
3,217
12,850,000
International
Bank
for
Reconstruction
&
Development
0
.625
04/22/25
12,282
14,750,000
International
Bank
for
Reconstruction
&
Development
3
.125
11/20/25
14,366
28,030,000
International
Bank
for
Reconstruction
&
Development
0
.000
03/31/27
25,027
5,250,000
International
Bank
for
Reconstruction
&
Development
0
.000
03/31/28
5,103
5,000,000
(d)
International
Development
Association
0
.875
04/28/26
4,622
14,750,000
International
Finance
Corp
4
.750
03/16/26
14,697
10,643,000
International
Finance
Facility
for
Immunisation
Co
1
.000
04/21/26
9,843
3,050,000
Japan
Bank
for
International
Cooperation
1
.625
01/20/27
2,801
1,750,000
Japan
Bank
for
International
Cooperation
4
.875
10/18/28
1,770
8,750,000
Japan
International
Cooperation
Agency
1
.750
04/28/31
7,231
12,500,000
(d)
Kommunalbanken
AS.
2
.125
02/11/25
12,171
4,175,000
(d)
Kommuninvest
I
Sverige
AB
4
.625
09/29/28
4,214
10,100,000
(d)
Korea
Electric
Power
Corp
1
.125
06/15/25
9,605
10,250,000
(d)
Korea
Electric
Power
Corp
4
.875
01/31/27
10,192
6,500,000
Kreditanstalt
fuer
Wiederaufbau
1
.750
09/14/29
5,699
13,000,000
Landwirtschaftliche
Rentenbank
0
.875
09/03/30
10,461
EUR
12,240,000
Mexico
Government
International
Bond
4
.490
05/25/32
13,413
18,250,000
(d)
Nederlandse
Waterschapsbank
NV
1
.750
01/15/25
17,751
17,600,000
(d)
Nederlandse
Waterschapsbank
NV
2
.375
03/24/26
16,810
12,375,000
(d)
Nederlandse
Waterschapsbank
NV
4
.000
06/01/28
12,135
4,450,000
(d)
Nederlandse
Waterschapsbank
NV
4
.375
02/28/29
4,442
4,430,000
(d)
Nederlandse
Waterschapsbank
NV
1
.000
05/28/30
3,611
2,250,000
OMERS
Finance
Trust
3
.500
04/19/32
2,057
7,666,000
(d)
OMERS
Finance
Trust
3
.500
04/19/32
7,008
4,825,000
(d)
OMERS
Finance
Trust
4
.000
04/19/52
3,818
5,030,000
OPEC
Fund
for
International
Development
4
.500
01/26/26
4,967
4,970,000
(d)
OPEC
Fund
for
International
Development
4
.500
01/26/26
4,908
10,500,000
(d)
Perusahaan
Penerbit
SBSN
Indonesia
III
3
.900
08/20/24
10,426
10,000,000
Province
of
Quebec
Canada
2
.750
04/12/27
9,468
5,000,000
Province
of
Quebec
Canada
7
.500
09/15/29
5,710
15,250,000
Province
of
Quebec
Canada
1
.900
04/21/31
12,851
10,625,000
Province
of
Quebec
Canada
4
.500
09/08/33
10,514
7,750,000
Republic
of
Italy
Government
International
Bond
4
.000
10/17/49
5,753
TOTAL
FOREIGN
GOVERNMENT
BONDS
734,039
MORTGAGE
BACKED
-
10.1%
2,115,000
(c),(d)
Angel
Oak
Mortgage
Trust
2
.837
11/25/66
1,475
57,268,922
(c),(d)
Citigroup
Mortgage
Loan
Trust
0
.156
02/25/52
479
6,420,224
(c),(d)
Citigroup
Mortgage
Loan
Trust
0
.250
02/25/52
86
289
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,983,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
1.900%
7
.220
%
12/25/41
$
3,007
10,555,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.100%
8
.420
03/25/42
10,986
18,627,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.650%
9
.971
06/25/42
20,276
1,295,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.350%
8
.670
01/25/43
1,369
1,940,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.550%
8
.871
05/25/43
2,070
3,170,482
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.100%
8
.421
06/25/43
3,335
3,400,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.900%
9
.188
07/25/43
3,582
4,470,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.550%
8
.870
10/25/43
4,658
5,307,568
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
2
.310
12/01/31
4,543
6,875,000
FHLMC
3
.740
06/01/37
6,189
2,271,133
FHLMC
3
.400
12/01/37
1,972
5,646,500
FHLMC
4
.300
12/01/37
5,330
1,847,132
FHLMC
3
.500
03/01/38
1,619
640,000
FHLMC
4
.330
05/01/38
606
3,197,308
FHLMC
2
.970
07/01/38
2,636
3,405,071
FHLMC
4
.550
07/01/38
3,294
5,775,000
FHLMC
3
.500
10/01/38
4,999
400,946
FHLMC
3
.160
11/01/38
336
3,381,178
FHLMC
3
.000
01/01/41
2,738
841,347
(c)
FHLMC
30
D
AVG
SOFR
+
5.806%
0
.487
03/15/44
66
6,022,891
FHLMC
3
.500
01/15/47
5,276
1,330,397
FHLMC
4
.000
10/15/47
1,231
2,246,110
FHLMC
4
.000
11/15/47
2,062
6,279,532
FHLMC
4
.000
01/15/48
5,874
6,156,744
FHLMC
4
.000
03/15/48
5,671
1,944,235
FHLMC
4
.000
04/15/48
1,809
5,771,940
FHLMC
4
.000
04/15/48
5,245
2,871,556
(c)
FHLMC
30
D
AVG
SOFR
+
9.737%
1
.227
06/15/48
2,554
1,955,428
(c)
FHLMC
30
D
AVG
SOFR
+
9.657%
1
.147
10/15/48
1,720
4,564,204
FHLMC
3
.000
11/01/49
4,007
2,582,522
FHLMC
2
.000
09/25/50
335
6,254,559
FHLMC
3
.000
09/25/50
4,390
4,773,155
FHLMC
3
.000
10/25/50
3,301
16,335,485
FHLMC
2
.500
02/25/51
2,750
5,931,710
FHLMC
2
.500
05/25/51
3,739
3,884,147
FHLMC
2
.500
11/01/51
3,221
10,794,724
FHLMC
3
.000
11/01/51
9,490
1,309,647
(g)
FHLMC
3
.000
11/01/51
1,146
1,550,960
FHLMC
3
.000
11/01/51
1,364
1,120,125
FHLMC
3
.000
11/01/51
989
4,387,960
FHLMC
2
.500
01/01/52
3,637
17,784,150
FHLMC
2
.500
02/01/52
14,880
5,183,994
FHLMC
3
.000
02/01/52
4,466
9,343,012
FHLMC
2
.500
03/01/52
7,817
6,998,868
FHLMC
3
.000
03/01/52
6,028
5,195,349
FHLMC
2
.500
04/01/52
4,313
15,385,447
FHLMC
4
.000
04/01/52
14,272
9,033,274
FHLMC
3
.500
05/01/52
8,107
6,420,218
FHLMC
3
.000
06/01/52
5,528
455,777
FHLMC
3
.500
06/01/52
409
8,939,008
FHLMC
4
.500
06/01/52
8,512
8,650,793
FHLMC
4
.500
07/01/52
8,237
1,619,263
FHLMC
4
.000
08/25/52
1,319
216,412
FHLMC
3
.000
10/01/52
186
2,754,465
FHLMC
4
.500
10/25/52
2,520
9,957,829
FHLMC
6
.000
11/01/52
10,075
3,361,413
FHLMC
5
.500
11/25/52
3,315
3,139,146
FHLMC
3
.500
12/01/52
2,810
15,540,233
FHLMC
5
.000
01/01/53
15,171
2,674,349
FHLMC
5
.500
02/25/53
2,656
19,259,946
FHLMC
5
.500
08/01/53
19,172
3,217
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
8
.000
01/01/31
3
CREF
Social
Choice
Account
March
31,
2024
290
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
85,734
FGLMC
4
.500
%
07/01/33
$
84
588,436
FGLMC
7
.000
12/01/33
607
155,975
FGLMC
7
.000
05/01/35
161
410,589
FGLMC
5
.000
06/01/36
413
125,176
FGLMC
5
.000
07/01/39
125
82,248
FGLMC
4
.000
06/01/42
78
166,288
FGLMC
4
.500
10/01/44
162
227,169
FGLMC
4
.500
11/01/44
221
412,012
FGLMC
4
.500
11/01/44
401
249,887
FGLMC
4
.500
12/01/44
243
240,521
FGLMC
4
.500
12/01/44
234
1,001,136
FGLMC
3
.500
04/01/45
924
3,834,996
FGLMC
3
.500
10/01/45
3,514
66,697
FGLMC
3
.000
04/01/47
59
483,778
FGLMC
4
.500
06/01/47
471
955,219
FGLMC
4
.000
09/01/47
902
723,394
FGLMC
3
.500
12/01/47
662
2,976,821
FGLMC
4
.500
08/01/48
2,904
124
Federal
National
Mortgage
Association
(FNMA)
8
.000
07/01/24
0
^
11,063,444
(c)
FNMA
2
.825
02/25/27
10,523
3,164,640
(c)
FNMA
3
.302
06/25/28
3,007
8,250,000
(c)
FNMA
1
.469
11/25/30
6,764
15,500,000
(c)
FNMA
1
.245
01/25/31
12,516
841,702
FNMA
3
.500
05/01/32
812
982,736
FNMA
3
.000
10/01/32
928
995,879
FNMA
5
.000
05/01/35
1,001
670,713
FNMA
5
.000
10/01/35
674
504,300
FNMA
5
.000
02/01/36
507
1,015,638
FNMA
5
.500
11/01/38
1,037
137,481
FNMA
3
.000
05/01/40
124
401,618
FNMA
5
.000
09/01/40
401
1,000,337
FNMA
5
.000
05/01/41
997
672,332
FNMA
4
.000
09/01/42
638
1,360,507
(c)
FNMA
30
D
AVG
SOFR
+
5.836%
0
.515
09/25/43
144
1,131,060
FNMA
4
.500
03/01/44
1,109
53,217,857
FNMA
4
.000
05/01/44
50,537
312,173
FNMA
4
.500
06/01/44
303
3,320,340
FNMA
4
.500
06/01/44
3,224
730,446
FNMA
4
.500
08/01/44
709
1,901,630
FNMA
4
.500
10/01/44
1,846
3,291,836
FNMA
4
.500
11/01/44
3,196
594,229
FNMA
5
.000
11/01/44
596
887,509
FNMA
4
.500
12/01/44
862
387,014
FNMA
4
.000
01/01/45
367
163,761
FNMA
4
.500
03/01/45
159
261,230
FNMA
4
.500
04/01/45
254
1,966,986
FNMA
3
.500
05/01/45
1,809
2,328,894
FNMA
3
.000
07/25/45
2,036
2,796,310
FNMA
3
.500
01/01/46
2,560
542,074
FNMA
4
.000
04/01/46
514
3,194,945
FNMA
3
.500
06/01/46
2,924
2,096,788
FNMA
3
.500
07/01/46
1,919
3,366,570
FNMA
3
.500
07/01/46
3,094
934,808
FNMA
3
.500
08/01/46
855
283,214
FNMA
3
.000
10/01/46
245
2,527,831
FNMA
3
.500
10/01/46
2,313
1,095,786
FNMA
4
.500
05/01/47
1,075
1,277,027
FNMA
4
.000
10/01/47
1,206
255,098
FNMA
3
.500
11/01/47
234
262,034
FNMA
4
.500
11/01/47
255
14,470
FNMA
3
.500
01/01/48
13
2,844,043
FNMA
3
.500
01/01/48
2,593
291
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,894,590
FNMA
4
.500
%
01/01/48
$
1,841
1,501,596
FNMA
4
.500
02/01/48
1,459
4,155,694
FNMA
3
.500
02/25/48
3,502
1,238,650
FNMA
4
.500
05/01/48
1,204
896,102
FNMA
4
.500
05/01/48
871
3,069,810
FNMA
4
.000
07/25/48
2,828
11,132,711
FNMA
3
.000
07/01/50
9,770
5,213,918
FNMA
2
.000
08/25/50
676
6,354,951
FNMA
2
.000
10/25/50
4,215
13,104,983
FNMA
2
.500
11/25/50
1,846
4,567,073
FNMA
3
.000
12/25/50
739
3,777,092
FNMA
3
.000
02/25/51
602
4,201,566
FNMA
3
.000
09/01/51
3,676
4,122,159
FNMA
2
.500
11/01/51
3,416
4,885,800
FNMA
2
.500
11/25/51
620
4,411,527
FNMA
2
.500
12/01/51
3,673
12,871,690
FNMA
2
.500
02/01/52
10,767
6,797,728
FNMA
2
.500
02/01/52
5,692
6,504,425
FNMA
3
.000
02/01/52
5,598
4,600,198
FNMA
3
.500
02/01/52
4,173
1,796,088
FNMA
2
.500
04/01/52
1,503
9,023,336
FNMA
3
.000
04/01/52
7,850
6,935,934
FNMA
3
.000
04/01/52
6,011
1,516,942
FNMA
3
.000
04/01/52
1,307
1,289,706
FNMA
3
.500
04/01/52
1,155
12,911,885
FNMA
3
.500
05/01/52
11,605
36,470,694
FNMA
3
.500
05/01/52
32,660
21,681,699
FNMA
4
.000
05/01/52
20,111
2,473,648
FNMA
4
.000
05/25/52
1,963
619,298
FNMA
3
.000
06/01/52
533
15,634,732
FNMA
3
.500
06/01/52
14,046
41,797,352
FNMA
3
.500
06/01/52
37,430
12,486,555
FNMA
3
.500
06/01/52
11,182
18,216,603
FNMA
4
.000
06/01/52
16,897
4,158,124
FNMA
4
.500
06/01/52
3,959
30,025,932
FNMA
4
.000
07/01/52
27,849
40,940,181
FNMA
4
.000
07/01/52
37,963
3,821,213
FNMA
4
.500
07/01/52
3,639
32,754,079
FNMA
4
.500
07/01/52
31,189
6,693,146
FNMA
4
.500
07/25/52
6,127
27,971,539
FNMA
5
.000
08/01/52
27,316
2,457,231
FNMA
4
.500
08/25/52
2,066
2,228,325
FNMA
2
.500
09/01/52
1,844
81,227,783
FNMA
4
.000
09/01/52
75,334
196,612,630
FNMA
4
.500
09/01/52
187,220
11,442,654
FNMA
5
.000
09/01/52
11,173
1,864,222
FNMA
4
.000
09/25/52
1,550
2,322,288
FNMA
4
.000
09/25/52
2,029
97,698,190
FNMA
4
.000
10/01/52
90,605
61,248,709
FNMA
4
.500
10/01/52
58,323
73,667,266
FNMA
5
.000
10/01/52
71,929
1,786,391
FNMA
4
.500
10/25/52
1,623
2,050,247
FNMA
4
.500
10/25/52
1,929
52,616,974
FNMA
4
.500
11/01/52
50,104
3,631,623
FNMA
5
.500
11/25/52
3,546
31,016,337
FNMA
5
.500
12/01/52
30,919
172,691
FNMA
5
.000
01/01/53
169
33,444,123
FNMA
5
.000
02/01/53
32,648
16,266,446
FNMA
6
.000
02/01/53
16,413
6,412,032
FNMA
6
.000
03/01/53
6,475
8,675,232
FNMA
5
.000
04/01/53
8,467
2,977,806
FNMA
6
.000
05/01/53
3,005
CREF
Social
Choice
Account
March
31,
2024
292
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
10,583,268
FNMA
5
.000
%
06/01/53
$
10,421
46,099,980
FNMA
5
.500
06/01/53
45,882
15,582,649
FNMA
5
.000
08/01/53
15,203
38,630,108
FNMA
5
.500
10/01/53
38,435
9,331,876
FGLMC
2
.875
07/25/36
8,313
7,412,405
FGLMC
4
.050
08/25/38
7,147
1,853,500
FHLMC
3
.910
01/01/39
1,673
495,144
(c),(d)
Flagstar
Mortgage
Trust
3
.987
10/25/47
438
796,828
Government
National
Mortgage
Association
(GNMA)
2
.580
08/15/25
794
7,362,856
GNMA
2
.690
06/15/33
7,037
6,182,964
GNMA
3
.700
10/15/33
5,893
50,045
GNMA
5
.000
04/15/38
50
100,287
GNMA
6
.500
11/20/38
105
12,334,867
GNMA
5
.000
01/20/40
2,561
5,774,165
GNMA
4
.500
03/20/40
1,054
9,315,380
GNMA
5
.000
03/20/40
1,910
6,750,175
GNMA
3
.700
08/15/40
6,404
7,357,399
GNMA
2
.500
10/16/43
6,426
7,269,812
GNMA
2
.500
12/20/43
6,346
11,008,431
GNMA
2
.750
01/15/45
9,615
2,337,499
GNMA
3
.000
03/20/45
2,036
1,524,639
GNMA
4
.500
12/20/45
1,536
1,117,245
GNMA
4
.000
06/20/46
138
3,344,511
GNMA
5
.000
09/20/46
642
3,965,826
GNMA
3
.500
12/20/46
3,663
2,705,745
GNMA
3
.500
01/20/47
2,495
2,970,530
(c)
GNMA
SOFR
1
M
+
5.986%
0
.657
03/20/50
372
1,521,924
GNMA
3
.500
10/20/50
1,392
5,203,926
GNMA
3
.000
07/20/51
4,611
10,969,660
GNMA
3
.000
11/20/51
7,805
20,879,090
GNMA
2
.500
12/20/51
17,785
44,794,434
GNMA
3
.000
12/20/51
39,518
13,038,814
GNMA
3
.000
12/20/51
8,991
25,682,446
GNMA
3
.000
01/20/52
22,647
8,995,020
GNMA
3
.000
01/20/52
6,325
4,216,363
GNMA
2
.500
02/20/52
3,465
10,685,134
GNMA
3
.000
02/20/52
7,253
7,455,308
GNMA
4
.000
04/20/52
6,200
9,892,394
GNMA
5
.000
04/20/52
1,919
4,211,152
GNMA
2
.500
05/20/52
3,586
39,206,519
GNMA
3
.500
07/20/52
35,667
2,501,040
GNMA
4
.000
07/20/52
2,010
7,066,290
GNMA
4
.000
08/20/52
6,611
61,029,751
GNMA
4
.000
09/20/52
57,095
4,449,293
GNMA
4
.500
09/20/52
3,978
3,283,964
GNMA
4
.500
09/20/52
2,865
3,631,615
GNMA
4
.500
09/20/52
3,336
3,053,980
GNMA
4
.500
09/20/52
2,793
3,794,106
GNMA
5
.000
09/20/52
3,731
9,145,970
GNMA
5
.000
11/20/52
8,995
30,025,712
GNMA
3
.500
12/20/52
27,315
38,952,575
GNMA
4
.500
12/20/52
37,442
7,826,845
GNMA
4
.500
02/20/53
7,522
3,873,991
GNMA
4
.500
02/20/53
3,422
8,080,488
GNMA
5
.000
02/20/53
7,948
3,390,693
GNMA
5
.500
02/20/53
3,301
8,813,582
(c)
GNMA
30
D
AVG
SOFR
+
6.950%
1
.631
05/20/53
922
6,911,992
(c)
GNMA
30
D
AVG
SOFR
+
23.205%
2
.460
08/20/53
7,106
6,018,783
GNMA
3
.000
08/20/53
5,307
4,812,904
(c)
GNMA
30
D
AVG
SOFR
+
25.350%
4
.605
08/20/53
4,985
62,905,556
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
0
.148
08/25/51
500
1,977,354
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2
.500
08/25/51
1,579
293
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,877,856
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2
.500
%
11/25/51
$
6,280
4,434,580
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2
.500
03/25/52
3,536
2,735,829
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2
.500
05/01/52
2,368
2,082,818
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2
.830
05/28/52
1,669
472,102
(c)
HarborView
Mortgage
Loan
Trust
SOFR
1
M
+
0.734%
6
.061
08/19/45
429
111,468
(c)
Impac
CMB
Trust
SOFR
1
M
+
0.774%
6
.104
03/25/35
101
209,187
(c),(d)
JP
Morgan
Mortgage
Trust
3
.500
05/25/47
182
237,174
(c),(d)
JP
Morgan
Mortgage
Trust
3
.500
10/25/48
201
83,243
(c),(d)
JP
Morgan
Mortgage
Trust
4
.000
01/25/49
76
17,902,730
(c),(d)
JP
Morgan
Mortgage
Trust
0
.126
06/25/51
119
31,517,406
(c),(d)
JP
Morgan
Mortgage
Trust
0
.111
11/25/51
187
2,165,318
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
11/25/51
1,729
31,219,120
(c),(d)
JP
Morgan
Mortgage
Trust
0
.117
12/25/51
199
2,724,722
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
12/25/51
2,176
3,961,804
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
01/25/52
3,164
3,656,416
(c),(d)
JP
Morgan
Mortgage
Trust
3
.342
04/25/52
2,868
5,572,668
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
06/25/52
4,443
36,260,272
(d)
JP
Morgan
Mortgage
Trust
0
.224
07/25/52
417
6,208,952
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
07/25/52
4,950
9,404,976
(c),(d)
JP
Morgan
Mortgage
Trust
3
.250
07/25/52
8,053
9,429,243
(c),(d)
JP
Morgan
Mortgage
Trust
3
.000
08/25/52
7,835
4,967,006
(c),(d)
JP
Morgan
Mortgage
Trust
3
.000
10/25/52
4,127
4,913,589
(c),(d)
JP
Morgan
Mortgage
Trust
3
.000
11/25/52
4,089
408,036
(c),(d)
JP
Morgan
Mortgage
Trust
5
.000
06/25/53
392
2,792,782
(c),(d)
JP
Morgan
Mortgage
Trust
5
.500
06/25/53
2,738
3,617,221
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2
.500
08/25/51
2,888
2,679,610
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2
.500
09/25/51
2,337
2,369,316
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2
.500
09/25/51
1,892
404,517
(c),(d)
New
Residential
Mortgage
Loan
Trust
2
.797
09/25/59
376
6,659,143
(c),(d)
RCKT
Mortgage
Trust
2
.500
02/25/52
5,309
3,303,402
(c),(d)
RCKT
Mortgage
Trust
3
.000
05/25/52
2,745
63,076
(c),(d)
Sequoia
Mortgage
Trust
4
.000
06/25/49
58
168,054
(c),(d)
Sequoia
Mortgage
Trust
3
.500
12/25/49
147
2,777,056
(c),(d)
Sequoia
Mortgage
Trust
2
.500
06/25/51
2,218
269,650
(c),(d)
Shellpoint
Co-Originator
Trust
3
.500
10/25/47
241
9,146,561
(c),(d)
Structured
Agency
Credit
Risk
Debt
Note
(STACR)
30
D
AVG
SOFR
+
2.050%
7
.395
12/25/33
9,272
4,407,000
(c),(d)
STACR
30
D
AVG
SOFR
+
2.400%
7
.720
02/25/42
4,493
2,785,000
(c),(d)
STACR
30
D
AVG
SOFR
+
4.750%
10
.070
02/25/42
2,971
8,185,000
(c),(d)
STACR
30
D
AVG
SOFR
+
2.900%
8
.220
04/25/42
8,475
3,000,000
(c),(d)
STACR
30
D
AVG
SOFR
+
5.650%
8
.647
04/25/42
3,257
17,190,000
(c),(d)
STACR
30
D
AVG
SOFR
+
3.350%
8
.670
05/25/42
17,987
15,004,000
(c),(d)
STACR
30
D
AVG
SOFR
+
4.500%
9
.820
06/25/42
16,249
8,336,000
(c),(d)
STACR
30
D
AVG
SOFR
+
4.000%
9
.320
07/25/42
8,878
8,695,000
(c),(d)
STACR
30
D
AVG
SOFR
+
3.550%
8
.870
08/25/42
9,140
6,670,000
(c),(d)
STACR
30
D
AVG
SOFR
+
3.700%
9
.020
09/25/42
7,079
8,225,000
(c),(d)
STACR
30
D
AVG
SOFR
+
3.250%
8
.570
04/25/43
8,642
5,395,000
(c),(d)
STACR
30
D
AVG
SOFR
+
3.500%
8
.820
05/25/43
5,702
58,931
(c),(d)
STACR
3
.789
02/25/48
55
74,055
(c),(d)
STACR
3
.842
05/25/48
71
2,890,000
(c),(d)
STACR
30
D
AVG
SOFR
+
4.800%
10
.120
10/25/50
3,250
982,000
(c),(d)
Verus
Securitization
Trust
3
.207
11/25/59
881
367,638
(d)
Verus
Securitization
Trust
1
.733
05/25/65
345
TOTAL
MORTGAGE
BACKED
2,200,939
MUNICIPAL
BONDS
-
1.2%
1,170,000
Brunswick
&
Glynn
County
Development
Authority
3
.060
04/01/25
1,147
1,990,000
California
Health
Facilities
Financing
Authority
2
.984
06/01/33
1,733
915,000
California
Health
Facilities
Financing
Authority
4
.353
06/01/41
839
50,000
California
Municipal
Finance
Authority
2
.288
08/15/28
45
3,035,000
City
&
County
of
Honolulu
HI
2
.668
10/01/27
2,856
5,645,000
City
&
County
of
Honolulu
HI
3
.974
09/01/35
5,190
1,615,000
City
&
County
of
Honolulu
HI
4
.004
09/01/36
1,473
CREF
Social
Choice
Account
March
31,
2024
294
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
7,085,000
City
&
County
of
San
Francisco
CA
4
.000
%
04/01/47
$
5,685
5,500,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4
.000
09/01/48
4,476
7,790,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
3
.482
09/01/50
5,669
1,240,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
No
2014
6
.332
09/01/51
1,303
350,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
No
2014-1
3
.091
09/01/36
291
1,000
City
of
Chicago
IL
7
.750
01/01/42
1
1,000,000
City
of
Houston
TX
Combined
Utility
System
Revenue
3
.375
11/15/24
986
1,275,000
City
of
Houston
TX
Combined
Utility
System
Revenue
4
.172
11/15/38
1,159
7,500,000
City
of
Los
Angeles
CA
3
.880
09/01/38
6,781
7,190,000
City
of
Los
Angeles
CA
5
.000
09/01/42
7,080
1,530,000
City
of
Los
Angeles
Department
of
Airports
Customer
Facility
Charge
Revenue
3
.158
05/15/29
1,430
1,780,000
(d)
City
of
Miami
FL
4
.808
01/01/39
1,715
3,000,000
City
of
New
York
NY
5
.828
10/01/53
3,356
4,835,000
City
of
Oakland
CA
2
.070
01/15/29
4,354
3,025,000
City
of
Port
Lions
AK
7
.500
10/01/52
3,160
3,345,000
City
of
San
Francisco
CA
Public
Utilities
Commission
Water
Revenue
3
.000
11/01/26
3,220
3,725,000
City
of
San
Francisco
CA
Public
Utilities
Commission
Water
Revenue
3
.950
11/01/36
3,437
1,000,000
City
of
San
Juan
Capistrano
CA
3
.700
08/01/31
949
5,255,000
City
of
Seattle
WA
Local
Improvement
District
No
6751
2
.999
11/01/43
4,395
5,235,000
City
of
Seattle
WA
Local
Improvement
District
No
6751
3
.079
11/01/43
4,338
3,500,000
(d)
County
of
Gallatin
MT
11
.500
09/01/27
3,604
10,515,000
County
of
Miami-Dade
FL
Water
&
Sewer
System
Revenue
3
.490
10/01/42
8,773
3,500,000
District
of
Columbia
3
.432
04/01/42
2,812
10,000,000
District
of
Columbia
Water
&
Sewer
Authority
4
.814
10/01/14
9,286
3,125,000
Florida
Development
Finance
Corp
7
.500
07/01/57
3,108
6,000,000
(d)
Florida
Development
Finance
Corp
8
.000
07/01/57
6,360
2,170,000
(d)
Florida
Development
Finance
Corp
8
.250
07/01/57
2,170
640,000
Henry
County
Water
Authority
3
.000
01/01/43
469
850,000
Henry
County
Water
Authority
3
.200
01/01/49
590
1,000,000
Honolulu
City
&
County
Board
of
Water
Supply
2
.327
07/01/32
846
6,430,000
Lavaca-Navidad
River
Authority
4
.430
08/01/35
6,258
8,655,000
Los
Angeles
Community
College
District
2
.106
08/01/32
7,274
1,025,000
Maine
State
Housing
Authority
2
.331
11/15/30
878
2,495,000
Maryland
Community
Development
Administration
Housing
Revenue
3
.797
03/01/39
2,169
3,000,000
Massachusetts
Clean
Energy
Cooperative
Corp
2
.020
07/01/28
2,703
3,000,000
Massachusetts
Clean
Energy
Cooperative
Corp
2
.485
07/01/32
2,533
3,405,000
Massachusetts
Housing
Finance
Agency
5
.562
12/01/52
3,396
7,620,000
Metropolitan
Transportation
Authority
5
.175
11/15/49
7,094
11,645,000
Metropolitan
Water
Reclamation
District
of
Greater
Chicago
5
.720
12/01/38
12,388
5,750,000
(d)
New
Hampshire
Business
Finance
Authority
5
.600
02/01/29
5,750
8,295,000
(d)
New
Hampshire
Business
Finance
Authority
5
.430
07/01/33
8,295
720,000
New
Jersey
Economic
Development
Authority
5
.298
03/01/32
732
4,065,000
New
York
City
Housing
Development
Corp
3
.119
08/01/38
3,262
2,500,000
New
York
City
Housing
Development
Corp
3
.720
11/01/39
2,144
17,500,000
New
York
Transportation
Development
Corp
5
.000
01/01/26
17,827
7,420,000
New
York
Transportation
Development
Corp
6
.971
06/30/51
7,380
13,250,000
(b),(d)
Oregon
State
Business
Development
Commission
6
.500
04/01/31
1
3,470,000
(b),(d)
Oregon
State
Business
Development
Commission
9
.000
04/01/37
0
^
2,500,000
Palm
Beach
County
Solid
Waste
Authority
2
.636
10/01/24
2,469
4,500,000
Pend
Oreille
County
Public
Utility
District
No
Box
Canyon
5
.000
01/01/30
4,484
295
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
6,925,000
(a),(b),(d)
Pennsylvania
Economic
Development
Financing
Authority
10
.000
%
12/01/29
$
1
1,170,000
Pharr
Economic
Development
Corp
3
.513
08/15/30
1,090
1,140,000
Pharr
Economic
Development
Corp
3
.893
08/15/33
1,051
405,000
(a),(b)
Public
Finance
Authority
15
.000
03/31/24
0
^
1,735,000
(d)
Public
Finance
Authority
7
.500
06/01/29
1,698
1,250,000
Redevelopment
Authority
of
the
City
of
Philadelphia
1
.927
09/01/27
1,141
1,005,000
Sales
Tax
Securitization
Corp
5
.293
01/01/41
1,016
2,000,000
San
Francisco
City
&
County
Redevelopment
Agency
4
.375
08/01/44
1,713
1,555,000
South
Dakota
Housing
Development
Authority
5
.460
05/01/53
1,545
3,150,000
State
of
Oregon
4
.250
05/01/29
3,116
3,000
State
of
Wisconsin
5
.700
05/01/26
3
1,650,000
(d)
Syracuse
Industrial
Development
Agency
5
.000
01/01/36
1,252
2,280,000
Tampa
Bay
Water
2
.612
10/01/25
2,205
3,225,000
Tampa
Bay
Water
2
.782
10/01/26
3,083
3,000,000
Tampa
Bay
Water
2
.952
10/01/27
2,849
1,255,000
Texas
Water
Development
Board
4
.248
10/15/35
1,199
4,170,000
Texas
Water
Development
Board
4
.648
04/15/50
3,872
5,000,000
Tuolumne
Wind
Project
Authority
6
.918
01/01/34
5,522
1,000,000
University
of
Cincinnati
3
.250
06/01/29
994
18,000,000
University
of
New
Mexico
3
.532
06/20/32
17,103
500,000
Upper
Allegheny
Joint
Sanitary
Authority
3
.550
09/01/39
405
1,500,000
Upper
Allegheny
Joint
Sanitary
Authority
3
.800
09/01/49
1,138
1,000,000
Washington
County
Clean
Water
Services
5
.078
10/01/24
1,000
TOTAL
MUNICIPAL
BONDS
265,119
U.S.
TREASURY
SECURITIES
-
8.6%
35,830,000
United
States
Treasury
Bond
2
.875
11/15/46
27,610
2,500,000
United
States
Treasury
Bond
3
.000
02/15/49
1,949
1,525,000
United
States
Treasury
Note
2
.250
10/31/24
1,499
1,500,000
United
States
Treasury
Note
0
.375
12/31/25
1,391
184,006,000
United
States
Treasury
Note
4
.625
02/28/26
183,855
136,990,000
United
States
Treasury
Note
4
.250
03/15/27
136,359
15,031,000
United
States
Treasury
Note
0
.500
10/31/27
13,126
28,250,000
United
States
Treasury
Note
1
.125
08/31/28
24,702
83,559,000
United
States
Treasury
Note
4
.250
02/28/29
83,670
272,190,000
United
States
Treasury
Note
4
.250
02/28/31
272,658
335,345,000
United
States
Treasury
Note
4
.000
02/15/34
329,791
14,508,000
United
States
Treasury
Note
1
.875
02/15/41
10,114
4,700,000
United
States
Treasury
Note
2
.250
05/15/41
3,472
232,705,800
United
States
Treasury
Note
2
.375
02/15/42
173,084
29,796,000
United
States
Treasury
Note
3
.250
05/15/42
25,328
2,070,000
United
States
Treasury
Note
4
.000
11/15/42
1,950
233,112,000
United
States
Treasury
Note
4
.500
02/15/44
234,387
40,008,000
United
States
Treasury
Note
2
.250
02/15/52
26,316
297,258,000
United
States
Treasury
Note
4
.750
11/15/53
317,323
TOTAL
U.S.
TREASURY
SECURITIES
1,868,584
TOTAL
GOVERNMENT
BONDS
5,235,359
(Cost
$5,453,579)
STRUCTURED
ASSETS
-
3.8%
ASSET
BACKED
-
1.3%
2,200,459
(d)
Air
Canada
Pass
Through
Trust
3
.550
01/15/30
1,945
Series
-
2017
1
(Class
A)
900,000
(d)
AMSR
Trust
3
.148
01/19/39
841
Series
-
2019
SFR1
(Class
C)
800,000
(d)
AMSR
Trust
3
.247
01/19/39
744
Series
-
2019
SFR1
(Class
D)
2,000,000
(c),(d)
BFLD
Trust
Term
SOFR
1
M
+
2.214%
7
.540
10/15/35
907
Series
-
2020
EYP
(Class
C)
CREF
Social
Choice
Account
March
31,
2024
296
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
148,089
(c)
C-BASS
Trust
SOFR
1
M
+
0.274%
3
.523
%
07/25/36
$
142
Series
-
2006
CB6
(Class
A1)
27,160,000
Delta
Air
Lines
Pass
Through
Trust
3
.204
04/25/24
27,139
Series
-
2019
1
(Class
AA)
3,953,606
Delta
Air
Lines
Pass
Through
Trust
2
.000
06/10/28
3,574
Series
-
2020
1
(Class
AA)
15,587,308
Delta
Air
Lines
Pass
Through
Trust
2
.500
06/10/28
14,023
Series
-
2020
1
(Class
A)
55,991
(c),(d)
Ellington
Loan
Acquisition
Trust
SOFR
1
M
+
1.214%
6
.544
05/25/37
55
Series
-
2007
2
(Class
A2C)
5,750,000
(d)
Frontier
Issuer
LLC
8
.300
08/20/53
5,843
Series
-
2023
1
(Class
B)
3,078,025
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2
.100
05/20/48
2,419
Series
-
2021
3CS
(Class
A)
3,314,049
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
1
.930
07/20/48
2,567
Series
-
2021
4GS
(Class
A)
12,090,903
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2
.310
10/20/48
9,724
Series
-
2021
5CS
(Class
A)
4,210,679
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2
.700
01/20/49
3,483
Series
-
2022
1GS
(Class
A)
3,153,851
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2
.940
01/20/49
2,367
Series
-
2022
1GS
(Class
B)
13,735,455
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
4
.950
07/20/49
12,898
Series
-
2022
3CS
(Class
A)
8,297,000
(d)
Grace
Trust
2
.347
12/10/40
6,761
Series
-
2020
GRCE
(Class
A)
2,421,853
(d)
Helios
Issuer,
LLC
5
.600
08/22/50
2,340
Series
-
2023
B
(Class
B)
2,041,978
(d)
HERO
Funding
Trust
3
.840
09/21/40
1,863
Series
-
2015
1A
(Class
A)
536,556
(d)
HERO
Funding
Trust
3
.990
09/21/40
500
Series
-
2014
2A
(Class
A)
1,011,605
(d)
HERO
Funding
Trust
3
.750
09/20/41
916
Series
-
2016
2A
(Class
A)
922,901
(d)
HERO
Funding
Trust
4
.050
09/20/41
848
Series
-
2016
1A
(Class
A)
356,374
(d)
HERO
Funding
Trust
3
.080
09/20/42
315
Series
-
2016
3A
(Class
A1)
2,783,223
(d)
HERO
Funding
Trust
3
.710
09/20/47
2,466
Series
-
2017
1A
(Class
A1)
2,734,628
(d)
HERO
Funding
Trust
3
.190
09/20/48
2,352
Series
-
2017
3A
(Class
A1)
643,538
(d)
HERO
Funding
Trust
3
.280
09/20/48
560
Series
-
2017
2A
(Class
A1)
2,991,797
(d)
HERO
Funding
Trust
4
.670
09/20/48
2,784
Series
-
2018
1A
(Class
A2)
2,309,738
(d)
HERO
Funding
Trust
2
.240
09/20/51
1,908
Series
-
2021
1A
(Class
A)
7,375,000
(d)
Hertz
Vehicle
Financing
III
LLC
5
.570
09/25/29
7,429
Series
-
2023
2A
(Class
A)
11,787
(c)
Home
Equity
Asset
Trust
SOFR
1
M
+
1.614%
3
.986
06/25/33
11
Series
-
2003
1
(Class
M1)
599,972
(c),(d)
Invitation
Homes
Trust
SOFR
1
M
+
1.364%
6
.690
01/17/38
601
Series
-
2018
SFR4
(Class
B)
3,058,597
(d)
Loanpal
Solar
Loan
Ltd
2
.290
01/20/48
2,453
Series
-
2021
1GS
(Class
A)
5,252,988
(d)
Loanpal
Solar
Loan
Ltd
2
.220
03/20/48
4,085
Series
-
2021
2GS
(Class
A)
1,827,154
(a),(d)
Mosaic
Solar
Loan
Trust
0
.000
04/20/46
1,133
Series
-
2020
1A
(Class
R)
1,190,622
(d)
Mosaic
Solar
Loan
Trust
2
.100
04/20/46
1,031
Series
-
2020
1A
(Class
A)
297
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,647,736
(d)
Mosaic
Solar
Loan
Trust
3
.100
%
04/20/46
$
1,439
Series
-
2020
1A
(Class
B)
1,941,600
(d)
Mosaic
Solar
Loan
Trust
2
.050
12/20/46
1,524
Series
-
2021
1A
(Class
B)
1,305,000
(a),(d)
Mosaic
Solar
Loan
Trust
10
.000
09/20/49
1,093
Series
-
2024
1A
(Class
D)
2,889,392
(d)
Mosaic
Solar
Loan
Trust
1
.440
06/20/52
2,340
Series
-
2021
3A
(Class
A)
2,592,397
(d)
Mosaic
Solar
Loans
LLC
3
.820
06/22/43
2,417
Series
-
2017
2A
(Class
A)
3,062,454
(d)
Mosaic
Solar
Loans
LLC
1
.640
04/22/47
2,493
Series
-
2021
2A
(Class
A)
750,000
(d)
Progress
Residential
Trust
2
.711
11/17/40
653
Series
-
2021
SFR9
(Class
D)
1,900,053
(d)
Renew
3
.670
09/20/52
1,722
Series
-
2017
1A
(Class
A)
3,890,901
(d)
Renew
3
.950
09/20/53
3,556
Series
-
2018
1
(Class
A)
3,548,722
(d)
Renew
2
.060
11/20/56
2,831
Series
-
2021
1
(Class
A)
4,954,119
SCE
Recovery
Funding
LLC
0
.861
11/15/31
4,243
Series
-
2021
A-1
(Class
A)
181,412
(c)
Structured
Asset
Investment
Loan
Trust
SOFR
1
M
+
1.014%
6
.344
09/25/34
172
Series
-
2004
8
(Class
M1)
6,295,721
(d)
Sunnova
Helios
VII
Issuer
LLC
2
.030
10/20/48
5,505
Series
-
2021
C
(Class
A)
3,558,766
(d)
Sunnova
Helios
VIII
Issuer
LLC
2
.790
02/22/49
3,191
Series
-
2022
A
(Class
A)
2,630,583
(d)
Sunrun
Athena
Issuer
LLC
5
.310
04/30/49
2,517
Series
-
2018
1
(Class
A)
8,517,905
(d)
Sunrun
Atlas
Issuer
LLC
3
.610
02/01/55
7,785
Series
-
2019
2
(Class
A)
5,367,838
(d)
Sunrun
Callisto
Issuer
LLC
2
.270
01/30/57
4,379
Series
-
2021
2A
(Class
A)
5,041,399
(d)
Sunrun
Julius
Issuer
LLC
6
.600
01/30/59
5,062
Series
-
2023
2A
(Class
A1)
6,694,395
(d)
Sunrun
Jupiter
Issuer
LLC
4
.750
07/30/57
6,244
Series
-
2022
1A
(Class
A)
11,281,150
(d)
Tesla
Auto
Lease
Trust
5
.860
08/20/25
11,296
Series
-
2023
A
(Class
A2)
1,148,370
(d)
Tesla
Auto
Lease
Trust
0
.600
09/22/25
1,147
Series
-
2021
B
(Class
A3)
5,000,000
(d)
Tesla
Auto
Lease
Trust
0
.630
09/22/25
4,983
Series
-
2021
B
(Class
A4)
4,625,000
(d)
Tesla
Auto
Lease
Trust
5
.890
06/22/26
4,651
Series
-
2023
A
(Class
A3)
9,422,000
(d)
Tesla
Auto
Lease
Trust
6
.130
09/21/26
9,508
Series
-
2023
B
(Class
A3)
2,385,000
(d)
Tesla
Auto
Lease
Trust
6
.220
03/22/27
2,415
Series
-
2023
B
(Class
A4)
5,390,000
(d)
Tesla
Auto
Lease
Trust
5
.300
06/21/27
5,379
Series
-
2024
A
(Class
A3)
5,380,000
(d)
Tesla
Auto
Lease
Trust
6
.570
08/20/27
5,447
Series
-
2023
B
(Class
B)
8,250,000
(d)
Tesla
Electric
Vehicle
Trust
5
.540
12/21/26
8,254
Series
-
2023
1
(Class
A2A)
4,650,000
(d)
Tesla
Electric
Vehicle
Trust
5
.380
06/20/28
4,668
Series
-
2023
1
(Class
A3)
1,500,000
(d)
Tesla
Electric
Vehicle
Trust
5
.380
02/20/29
1,510
Series
-
2023
1
(Class
A4)
2,676,764
Toyota
Auto
Receivables
Owner
Trust
0
.260
11/17/25
2,634
Series
-
2021
B
(Class
A3)
CREF
Social
Choice
Account
March
31,
2024
298
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
9,900,000
Toyota
Auto
Receivables
Owner
Trust
0
.530
%
10/15/26
$
9,418
Series
-
2021
B
(Class
A4)
475,000
(d)
Tricon
American
Homes
Trust
2
.049
07/17/38
438
Series
-
2020
SFR1
(Class
B)
13,216,186
(d)
Vivint
Colar
Financing
V
LLC
4
.730
04/30/48
12,304
Series
-
2018
1A
(Class
A)
4,421,303
(d)
Vivint
Solar
Financing
VII
LLC
2
.210
07/31/51
3,639
Series
-
2020
1A
(Class
A)
TOTAL
ASSET
BACKED
275,884
OTHER
MORTGAGE
BACKED
-
2.5%
72,728
(c),(d)
Agate
Bay
Mortgage
Trust
3
.500
09/25/45
65
Series
-
2015
6
(Class
A9)
4,075,000
(c),(d)
Alen
Mortgage
Trust
SOFR
1
M
+
2.364%
7
.690
04/15/34
3,058
Series
-
2021
ACEN
(Class
C)
5,000,000
(d)
BANK
2
.500
10/17/52
2,888
Series
-
2019
BN21
(Class
D)
6,500,000
(c)
BANK
3
.517
10/17/52
4,843
Series
-
2019
BN21
(Class
C)
8,000,000
(c)
BANK
3
.461
11/15/62
6,644
Series
-
2019
BN22
(Class
C)
4,940,000
(c),(d)
BBCMS
Mortgage
Trust
4
.267
08/05/38
3,533
Series
-
2018
CHRS
(Class
E)
2,750,000
(d)
BBCMS
Trust
4
.798
08/10/35
2,377
Series
-
2015
SRCH
(Class
C)
1,316,000
(c),(d)
BBCMS
Trust
4
.957
08/10/35
1,100
Series
-
2015
SRCH
(Class
D)
8,870,000
(c),(d)
Benchmark
Mortgage
Trust
3
.899
03/15/62
6,338
Series
-
2019
B10
(Class
3CCA)
5,200,000
(d)
BMO
360A
3
.776
02/17/55
4,270
Series
-
2022
C1
(Class
360A)
5,238,932
(c),(d)
BX
Commercial
Mortgage
Trust
Term
SOFR
1
M
+
1.312%
6
.637
10/15/38
5,189
Series
-
2021
XL2
(Class
C)
6,000,000
(c),(d)
BX
Commercial
Mortgage
Trust
Term
SOFR
1
M
+
1.840%
7
.165
01/17/39
5,926
Series
-
2022
AHP
(Class
B)
6,000,000
(c),(d)
BX
TRUST
Term
SOFR
1
M
+
1.490%
6
.815
01/17/39
5,936
Series
-
2022
AHP
(Class
AS)
2,901,500
(c),(d)
CCRC
Affordable
Multifamily
Housing
Mortgage
Trust
5
.637
06/25/34
2,586
Series
-
2017
Q005
(Class
B)
2,000,000
(c)
CD
Mortgage
Trust
3
.879
11/10/49
1,741
Series
-
2016
CD2
(Class
B)
1,000,000
(c),(d)
Century
Plaza
Towers
2
.997
11/13/39
836
Series
-
2019
CPT
(Class
B)
2,000,000
(c)
Citigroup
Commercial
Mortgage
Trust
4
.137
04/10/48
1,861
Series
-
2015
GC29
(Class
C)
1,615,000
Citigroup
Commercial
Mortgage
Trust
3
.018
08/10/56
1,406
Series
-
2019
GC41
(Class
AS)
3,740,000
(c),(d)
COMM
Mortgage
Trust
3
.413
10/10/29
3,423
Series
-
2017
PANW
(Class
B)
3,000,000
(c),(d)
COMM
Mortgage
Trust
3
.538
10/10/29
2,688
Series
-
2017
PANW
(Class
C)
5,120,000
(d)
COMM
Mortgage
Trust
4
.353
08/10/30
4,821
Series
-
2013
300P
(Class
A1)
4,375,000
(d)
COMM
Mortgage
Trust
3
.376
01/10/39
3,831
Series
-
2022
HC
(Class
C)
3,500,000
(c),(d)
COMM
Mortgage
Trust
4
.066
03/10/48
2,982
Series
-
2015
CR22
(Class
D)
1,100,000
(c)
COMM
Mortgage
Trust
4
.283
05/10/48
1,031
Series
-
2015
CR23
(Class
C)
1,000,000
(c)
COMM
Mortgage
Trust
4
.283
05/10/48
888
Series
-
2015
CR23
(Class
D)
299
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
2,500,000
(c)
COMM
Mortgage
Trust
3
.463
%
08/10/48
$
2,157
Series
-
2015
CR24
(Class
D)
1,000,000
COMM
Mortgage
Trust
3
.263
08/15/57
879
Series
-
2019
GC44
(Class
AM)
5,000,000
(c),(d)
Commercial
Mortgage
Pass
Through
Certificates
4
.084
01/10/39
4,328
Series
-
2022
HC
(Class
D)
22,834,198
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.500%
8
.820
03/25/42
23,969
Series
-
2022
R03
(Class
1M2)
4,985,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.000%
8
.320
04/25/42
5,146
Series
-
2022
R05
(Class
2M2)
15,710,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.850%
9
.170
05/25/42
16,687
Series
-
2022
R06
(Class
1M2)
4,298,000
(c),(d)
Connecticut
Avenue
Securities
Trust
SOFR
+
3.600%
8
.920
07/25/42
4,546
Series
-
2022
R08
(Class
1M2)
19,020,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
4.750%
10
.071
09/25/42
20,823
Series
-
2022
R09
(Class
2M2)
24,864,000
(c),(d)
Connecticut
Avenue
Securities
Trust
30
D
AVG
SOFR
+
3.750%
9
.071
12/25/42
26,624
Series
-
2023
R01
(Class
1M2)
15,000,000
(d)
CPT
Mortgage
Trust
2
.865
11/13/39
12,904
Series
-
2019
CPT
(Class
A)
2,000,000
(c),(d)
CPT
Mortgage
Trust
2
.997
11/13/39
1,330
Series
-
2019
CPT
(Class
E)
5,000,000
(c),(d)
Credit
Suisse
Commercial
Mortgage
Trust
3
.728
11/10/32
3,721
Series
-
2017
CALI
(Class
B)
2,000,000
(c),(d)
Credit
Suisse
Mortgage
Capital
Certificates
3
.388
10/25/59
1,837
Series
-
2019
NQM1
(Class
M1)
2,970,425
(c),(d)
Credit
Suisse
Mortgage
Capital
Certificates
2
.405
10/25/66
2,524
Series
-
2021
NQM8
(Class
A3)
6,650,000
(c),(d)
CSAIL
Commercial
Mortgage
Trust
3
.677
06/15/37
5,988
Series
-
2017
C8
(Class
85BA)
6,100,000
(c),(d)
CSAIL
Commercial
Mortgage
Trust
3
.677
06/15/37
5,217
Series
-
2017
C8
(Class
85BB)
102,725,000
(c),(d)
DOLP
Trust
0
.665
05/10/41
3,586
Series
-
2021
NYC
(Class
X)
7,491,280
(c),(d)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
1.434%
6
.760
11/15/38
7,420
Series
-
2021
ELP
(Class
C)
3,995,350
(c),(d)
ELP
Commercial
Mortgage
Trust
SOFR
1
M
+
2.233%
7
.559
11/15/38
3,959
Series
-
2021
ELP
(Class
E)
10,260,000
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
1
.878
01/25/31
8,596
Series
-
2021
P009
(Class
A2)
7,324,000
(c)
FGLMC
2
.760
02/25/32
6,231
Series
-
2022
P013
(Class
A2)
3,500,000
FGLMC
3
.871
07/25/33
3,275
Series
-
2015
Q002
(Class
A2)
4,444,708
FGLMC
1
.555
01/25/36
3,555
Series
-
2020
Q014
(Class
A1)
16,362,704
FGLMC
3
.150
10/15/36
13,853
Series
-
2022
M068
(Class
A)
1,725,000
FGLMC
4
.013
04/15/37
1,586
Series
-
2022
M069
(Class
A)
6,580,858
FGLMC
1
.877
07/25/37
5,204
Series
-
2021
21-ML08
(Class
ML08)
38,980,937
(c)
FGLMC
1
.770
11/25/37
4,671
Series
-
2021
ML08
(Class
XCA)
5,960,000
FGLMC
1
.761
09/15/38
4,705
Series
-
2020
M061
(Class
A)
15,587,996
FGLMC
2
.340
07/25/41
12,691
Series
-
2021
ML12
(Class
AUS)
37,177
(c),(d)
Flagstar
Mortgage
Trust
4
.000
09/25/48
34
Series
-
2018
5
(Class
A11)
1,359,652
(c),(d)
Flagstar
Mortgage
Trust
2
.500
04/25/51
1,086
Series
-
2021
2
(Class
A4)
CREF
Social
Choice
Account
March
31,
2024
300
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
4,171,712
(c),(d)
Flagstar
Mortgage
Trust
2
.500
%
06/01/51
$
3,331
Series
-
2021
4
(Class
A21)
2,948,167
(c),(d)
Flagstar
Mortgage
Trust
3
.346
07/25/51
2,290
Series
-
2021
5INV
(Class
B4)
1,024,958
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.518
09/25/35
781
Series
-
2020
Q012
(Class
A3)
11,875,000
(d)
Frontier
Issuer
LLC
6
.600
08/20/53
11,993
Series
-
2023
1
(Class
A2)
1,325,000
(c),(d)
GCT
Commercial
Mortgage
Trust
Term
SOFR
1
M
+
0.914%
6
.240
02/15/38
1,112
Series
-
2021
GCT
(Class
A)
2,972,000
(c),(d)
GS
Mortgage
Securities
Trust
4
.740
03/10/33
2,664
Series
-
2018
GS10
(Class
WLSC)
3,000,000
GS
Mortgage
Securities
Trust
3
.143
10/10/49
2,786
Series
-
2016
GS3
(Class
AS)
830,000
(c)
GS
Mortgage
Securities
Trust
3
.952
11/10/49
708
Series
-
2016
GS4
(Class
C)
342,844
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3
.000
01/25/51
289
Series
-
2020
PJ4
(Class
A4)
25,762,666
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
0
.257
03/27/51
315
Series
-
2020
PJ5
(Class
AX1)
701,501
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3
.000
03/27/51
593
Series
-
2020
PJ5
(Class
A4)
1,611,272
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2
.500
05/25/51
1,303
Series
-
2020
PJ6
(Class
A4)
5,312,480
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2
.500
10/25/51
4,242
Series
-
2021
PJ5
(Class
A4)
4,684,209
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3
.000
06/25/52
3,892
Series
-
2022
PJ2
(Class
A36)
2,243,141
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3
.000
09/25/52
1,864
Series
-
2022
PJ4
(Class
A36)
400,724
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3
.630
05/25/50
341
Series
-
2020
PJ1
(Class
B2)
1,079,835
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2
.500
07/25/51
862
Series
-
2021
PJ2
(Class
A4)
10,151,142
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2
.500
01/25/52
8,106
Series
-
2021
PJ7
(Class
A4)
4,532,761
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2
.500
01/25/52
3,620
Series
-
2021
PJ8
(Class
A4)
2,489,656
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2
.722
01/25/52
1,951
Series
-
2021
PJ7
(Class
B2)
5,192,708
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3
.000
10/25/52
4,315
Series
-
2022
PJ5
(Class
A36)
2,897,737
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3
.000
01/25/53
2,408
Series
-
2022
PJ6
(Class
A24)
5,677,126
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3
.500
02/25/53
4,914
Series
-
2023
PJ1
(Class
A24)
3,785,000
(d)
Hudson
Yards
Mortgage
Trust
2
.835
08/10/38
3,538
Series
-
2016
10HY
(Class
A)
5,000,000
(c),(d)
Hudson
Yards
Mortgage
Trust
2
.977
08/10/38
4,634
Series
-
2016
10HY
(Class
B)
5,000,000
(c),(d)
Hudson
Yards
Mortgage
Trust
2
.977
08/10/38
4,589
Series
-
2016
10HY
(Class
C)
7,000,000
(d)
Hudson
Yards
Mortgage
Trust
3
.228
07/10/39
6,274
Series
-
2019
30HY
(Class
A)
4,000,000
(c),(d)
Hudson
Yards
Mortgage
Trust
2
.943
12/10/41
3,253
Series
-
2019
55HY
(Class
D)
7,000,000
(c),(d)
Hudson
Yards
Mortgage
Trust
2
.943
12/10/41
5,422
Series
-
2019
55HY
(Class
E)
480,000
(c),(d)
Imperial
Fund
Mortgage
Trust
3
.531
10/25/55
412
Series
-
2020
NQM1
(Class
M1)
301
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,700,000
(c),(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
Term
SOFR
1
M
+
2.134%
7
.460
%
10/15/33
$
1,602
Series
-
2020
609M
(Class
B)
2,000,000
(c),(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
Term
SOFR
1
Month
+
2.534%
7
.860
10/15/33
1,767
Series
-
2020
609M
(Class
C)
1,128,330
(c),(d)
JP
Morgan
Mortgage
Trust
LIBOR
1
M
-
0.000%
6
.677
12/25/44
1,085
Series
-
2015
1
(Class
B1)
72,986
(c),(d)
JP
Morgan
Mortgage
Trust
3
.500
05/25/45
66
Series
-
2015
3
(Class
A19)
396,318
(c),(d)
JP
Morgan
Mortgage
Trust
3
.500
10/25/45
354
Series
-
2015
6
(Class
A13)
292,561
(c),(d)
JP
Morgan
Mortgage
Trust
3
.500
09/25/48
254
Series
-
2018
3
(Class
A13)
815,038
(c),(d)
JP
Morgan
Mortgage
Trust
3
.500
10/25/48
706
Series
-
2018
5
(Class
A13)
786,499
(c),(d)
JP
Morgan
Mortgage
Trust
4
.257
10/26/48
778
Series
-
2017
5
(Class
A2)
182,997
(c),(d)
JP
Morgan
Mortgage
Trust
4
.000
02/25/49
167
Series
-
2018
9
(Class
A13)
158,278
(c),(d)
JP
Morgan
Mortgage
Trust
4
.000
05/25/49
147
Series
-
2019
1
(Class
A15)
1,536,587
(c),(d)
JP
Morgan
Mortgage
Trust
3
.823
06/25/50
1,340
Series
-
2020
1
(Class
B2)
20,320,848
(c),(d)
JP
Morgan
Mortgage
Trust
0
.139
07/25/51
151
Series
-
2021
3
(Class
AX1)
14,410,675
(c),(d)
JP
Morgan
Mortgage
Trust
0
.130
08/25/51
101
Series
-
2021
4
(Class
AX1)
2,610,842
(c),(d)
JP
Morgan
Mortgage
Trust
2
.880
08/25/51
2,072
Series
-
2021
4
(Class
B2)
27,751,768
(c),(d)
JP
Morgan
Mortgage
Trust
0
.137
10/25/51
210
Series
-
2021
6
(Class
AX1)
3,101,301
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
10/25/51
2,476
Series
-
2021
6
(Class
A15)
1,157,853
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
12/25/51
925
Series
-
2021
10
(Class
A15)
2,967,991
(c),(d)
JP
Morgan
Mortgage
Trust
3
.212
01/25/52
2,313
Series
-
2021
INV4
(Class
B4)
1,047,978
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
02/25/52
836
Series
-
2021
12
(Class
A15)
3,526,505
(c),(d)
JP
Morgan
Mortgage
Trust
3
.140
04/25/52
2,721
Series
-
2021
13
(Class
B4)
1,740,876
(c),(d)
JP
Morgan
Mortgage
Trust
2
.500
05/25/52
1,388
Series
-
2021
14
(Class
A15)
1,111,655
(c),(d)
JP
Morgan
Mortgage
Trust
2
.927
05/25/52
915
Series
-
2021
LTV2
(Class
A3)
972,268
(c),(d)
JP
Morgan
Mortgage
Trust
3
.289
05/25/52
767
Series
-
2021
INV8
(Class
B4)
6,731,326
(c),(d)
JP
Morgan
Mortgage
Trust
3
.000
08/25/52
5,593
Series
-
2022
2
(Class
A25)
6,101,537
(c),(d)
JP
Morgan
Mortgage
Trust
3
.500
09/25/52
5,289
Series
-
2022
LTV2
(Class
A6)
3,228,595
(c),(d)
JP
Morgan
Mortgage
Trust
3
.000
12/25/52
2,683
Series
-
2022
7
(Class
1A17)
1,589,527
(c),(d)
JP
Morgan
Mortgage
Trust
4
.000
12/25/52
1,429
Series
-
2022
7
(Class
2A6A)
21,884,000
(c),(d)
JP
Morgan
Mortgage
Trust
Series
3
.000
05/25/54
18,106
Series
-
2024
3
(Class
A9)
4,000,000
(d)
Liberty
Street
Trust
3
.597
02/10/36
3,712
Series
-
2016
225L
(Class
A)
5,493,000
(c),(d)
MAD
Mortgage
Trust
3
.082
08/15/34
5,083
Series
-
2017
330M
(Class
A)
CREF
Social
Choice
Account
March
31,
2024
302
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
4,000,000
(c),(d)
MAD
Mortgage
Trust
3
.254
%
08/15/34
$
3,535
Series
-
2017
330M
(Class
B)
2,000,000
(c),(d)
Manhattan
West
2
.335
09/10/39
1,748
Series
-
2020
1MW
(Class
C)
2,000,000
(d)
Manhattan
West
Mortgage
Trust
2
.130
09/10/39
1,778
Series
-
2020
1MW
(Class
A)
2,169,000
(c),(d)
Menora
Mivtachim
Holdings
Ltd
3
.939
02/17/55
1,243
Series
-
2022
C1
(Class
360D)
129,081
(c)
Morgan
Stanley
Capital
I
Trust
5
.877
12/12/49
55
Series
-
2007
IQ16
(Class
AJFX)
844,126
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2
.500
07/25/51
737
Series
-
2021
4
(Class
A4)
3,000,000
(c),(d)
MSDB
Trust
3
.316
07/11/39
2,671
Series
-
2017
712F
(Class
A)
4,880,929
(c),(d)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.579%
5
.915
07/15/36
4,520
Series
-
2019
MILE
(Class
A)
6,750,000
(c),(d)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
1.879%
7
.205
07/15/36
5,896
Series
-
2019
MILE
(Class
B)
4,250,000
(c),(d)
Natixis
Commercial
Mortgage
Securities
Trust
SOFR
1
M
+
2.279%
7
.605
07/15/36
3,502
Series
-
2019
MILE
(Class
C)
9,800,000
(c),(d)
Natixis
Commercial
Mortgage
Securities
Trust
Term
SOFR
1
M
+
3.579%
8
.905
07/15/36
7,052
Series
-
2019
MILE
(Class
E)
1,500,000
(c),(d)
Natixis
Commercial
Mortgage
Securities
Trust
Term
SOFR
1
M
+
4.329%
9
.655
07/15/36
1,000
Series
-
2019
MILE
(Class
F)
30,484
(c)
New
York
Mortgage
Trust
SOFR
1
M
+
0.594%
5
.924
02/25/36
30
Series
-
2005
3
(Class
A1)
4,926,893
(c),(d)
OBX
Trust
2
.500
07/25/51
3,934
Series
-
2021
J2
(Class
A19)
274,678
(c),(d)
OBX
Trust
SOFR
1
M
+
0.764%
4
.658
06/25/57
265
Series
-
2018
1
(Class
A2)
1,491,320
(c),(d)
Oceanview
Mortgage
Trust
2
.500
05/25/51
1,191
Series
-
2021
1
(Class
A19)
1,744,320
(c),(d)
Oceanview
Mortgage
Trust
4
.500
11/25/52
1,618
Series
-
2022
1
(Class
A1)
11,800,000
(d)
One
Bryant
Park
Trust
2
.516
09/15/54
10,095
Series
-
2019
OBP
(Class
A)
3,432,374
(d)
One
Market
Plaza
Trust
3
.614
02/10/32
3,173
Series
-
2017
1MKT
(Class
A)
1,000,000
(d)
One
Market
Plaza
Trust
3
.845
02/10/32
907
Series
-
2017
1MKT
(Class
B)
2,000,000
(d)
One
Market
Plaza
Trust
4
.146
02/10/32
1,752
Series
-
2017
1MKT
(Class
D)
2,862,953
(c),(d)
RCKT
Mortgage
Trust
2
.500
06/25/51
2,286
Series
-
2021
2
(Class
A21)
2,428,043
(c),(d)
RCKT
Mortgage
Trust
2
.780
07/25/51
1,836
Series
-
2021
3
(Class
B4)
4,818,079
(c),(d)
RCKT
Mortgage
Trust
2
.500
09/25/51
3,847
Series
-
2021
4
(Class
A21)
1,882,305
RCKT
Mortgage
Trust
3
.006
09/25/51
1,443
4,922,880
(c),(d)
RCKT
Mortgage
Trust
2
.922
11/25/51
3,749
Series
-
2021
5
(Class
B4)
5,071,157
(c),(d)
RCKT
Mortgage
Trust
3
.500
06/25/52
4,387
Series
-
2022
4
(Class
A22)
392,989
(c),(d)
Sequoia
Mortgage
Trust
3
.500
05/25/45
351
Series
-
2015
2
(Class
A1)
170,366
(c),(d)
Sequoia
Mortgage
Trust
3
.500
06/25/46
152
Series
-
2016
1
(Class
A19)
622,279
(c),(d)
Sequoia
Mortgage
Trust
3
.724
09/25/47
570
Series
-
2017
6
(Class
B1)
8,998
(c),(d)
Sequoia
Mortgage
Trust
4
.000
09/25/48
8
Series
-
2018
7
(Class
A19)
303
See
Notes
to
Portfolio
of
Investments
PRINCIPAL
DESCRIPTION
REFERENCE
RATE
&
SPREAD
RATE
MATURITY
DATE
VALUE
(000)
$
1,364,239
(c),(d)
Sequoia
Mortgage
Trust
3
.000
%
04/25/50
$
1,150
Series
-
2020
3
(Class
A19)
3,552,352
(c),(d)
Sequoia
Mortgage
Trust
5
.000
01/25/53
3,378
Series
-
2023
1
(Class
A19)
78,068,000
(c),(d)
SLG
Office
Trust
0
.258
07/15/41
1,132
Series
-
2021
OVA
(Class
X)
1,755,000
(c),(d)
Structured
Agency
Credit
Risk
Debt
Note
(STACR)
30
D
AVG
SOFR
+
2.614%
7
.935
02/25/50
1,835
Series
-
2020
DNA2
(Class
B1)
1,125,000
(c),(d)
STWD
Mortgage
Trust
Term
SOFR
1
M
+
1.371%
6
.697
11/15/36
1,117
Series
-
2021
LIH
(Class
AS)
4,000,000
(d)
SUMIT
Mortgage
Trust
2
.789
02/12/41
3,091
Series
-
2022
BVUE
(Class
A)
2,417,950
(c),(d)
Verus
Securitization
Trust
2
.240
10/25/66
2,028
Series
-
2021
7
(Class
A3)
1,205,000
(c),(d)
WB
Commercial
Mortgage
Trust
6
.134
03/15/40
1,213
Series
-
2024
HQ
(Class
A)
45,047
(c),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
4
.000
04/25/49
42
Series
-
2019
2
(Class
A17)
435,251
(c),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3
.000
07/25/50
368
Series
-
2020
4
(Class
A17)
6,639,009
(c),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2
.500
06/25/51
5,301
Series
-
2021
2
(Class
A17)
2,284,161
(c),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2
.500
12/25/51
1,821
Series
-
2022
2
(Class
A18)
145,780
(c),(d)
WinWater
Mortgage
Loan
Trust
3
.920
06/20/44
119
Series
-
2014
1
(Class
B4)
TOTAL
OTHER
MORTGAGE
BACKED
555,157
TOTAL
STRUCTURED
ASSETS
831,041
(Cost
$915,105)
SHARES
REFERENCERATE
&
SPREAD
COMMON
STOCKS
-
59.9%
AUTOMOBILES
&
COMPONENTS
-
1.4%
222,606
(h)
American
Axle
&
Manufacturing
Holdings,
Inc
1,638
162,522
(h)
Aptiv
plc
12,945
169,453
Bayerische
Motoren
Werke
AG.
19,551
73,915
Bayerische
Motoren
Werke
AG.
(Preference)
7,931
373,600
Bridgestone
Corp
16,558
430,697
Cie
Generale
des
Etablissements
Michelin
S.C.A
16,506
56,647
Continental
AG.
4,089
313,509
Daimler
AG.
(Registered)
24,967
1,867,890
Honda
Motor
Co
Ltd
23,113
721,100
Isuzu
Motors
Ltd
9,748
265,187
Magna
International,
Inc
14,446
100,348
(h)
Modine
Manufacturing
Co
9,552
797,481
(f),(h)
Rivian
Automotive,
Inc
8,732
697,158
(h)
Tesla,
Inc
122,553
594,969
Yamaha
Motor
Co
Ltd
5,481
TOTAL
AUTOMOBILES
&
COMPONENTS
297,810
BANKS
-
3.2%
2,364
Ameris
Bancorp
114
2,184,130
(f)
Banco
Bilbao
Vizcaya
Argentaria
S.A.
26,010
25,028
(h)
Bancorp,
Inc
837
1,521,949
Bank
Hapoalim
Ltd
14,263
270,720
Bank
of
Montreal
26,432
486,090
(f)
Bank
of
Nova
Scotia
25,145
65,681
Bank
OZK
2,986
2,405
Banner
Corp
115
CREF
Social
Choice
Account
March
31,
2024
304
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
68,859
Berkshire
Hills
Bancorp,
Inc
$
1,578
4,739,500
BOC
Hong
Kong
Holdings
Ltd
12,708
1,840
Cadence
Bank
53
6,038
(f)
Camden
National
Corp
202
425,637
(f)
Canadian
Imperial
Bank
of
Commerce
21,578
1,072,146
Citigroup,
Inc
67,803
1,366
Citizens
Financial
Group,
Inc
50
2,120
Columbia
Banking
System,
Inc
41
863
Commerce
Bancshares,
Inc
46
494,639
Commonwealth
Bank
of
Australia
38,799
889
Community
Trust
Bancorp,
Inc
38
55,792
(h)
Customers
Bancorp,
Inc
2,960
568,987
DNB
Bank
ASA
11,310
330,921
Erste
Bank
der
Oesterreichischen
Sparkassen
AG.
14,748
7,030
First
Busey
Corp
169
1,019
Glacier
Bancorp,
Inc
41
1,984
Hancock
Whitney
Corp
91
4,964
Heritage
Financial
Corp
96
5,484,490
HSBC
Holdings
plc
42,871
414,518
Huntington
Bancshares,
Inc
5,783
6,543,789
Intesa
Sanpaolo
S.p.A.
23,758
535,325
JPMorgan
Chase
&
Co
107,226
210,652
KBC
Groep
NV
15,793
2,557
Keycorp
40
1,076,221
Mizuho
Financial
Group,
Inc
21,283
36,265
National
Bank
Holdings
Corp
1,308
178,034
(f)
National
Bank
of
Canada
14,991
9,051
Old
National
Bancorp
158
1,809,667
Oversea-Chinese
Banking
Corp
18,082
300,721
PNC
Financial
Services
Group,
Inc
48,597
990,460
Regions
Financial
Corp
20,839
594,864
Societe
Generale
15,938
1,882,907
Standard
Chartered
plc
15,963
1,241,707
(f)
Svenska
Handelsbanken
AB
12,554
2,226
(h)
Texas
Capital
Bancshares,
Inc
137
560,694
Toronto-Dominion
Bank
33,839
4,787
Trico
Bancshares
176
463,111
Truist
Financial
Corp
18,052
2,114
UMB
Financial
Corp
184
18,027
Univest
Financial
Corp
375
2,021
Westamerica
Bancorporation
99
1,110
Wintrust
Financial
Corp
116
TOTAL
BANKS
686,375
CAPITAL
GOODS
-
4.5%
389,871
3M
Co
41,354
575,715
ABB
Ltd
26,708
790
Acuity
Brands,
Inc
212
247
Allegion
plc
33
181,708
Ashtead
Group
plc
12,943
510,377
Assa
Abloy
AB
14,647
1,084,108
Atlas
Copco
AB
16,012
1,169,208
Atlas
Copco
AB
19,746
91,736
(h)
Axon
Enterprise,
Inc
28,702
688
(h)
Beacon
Roofing
Supply,
Inc
67
12,294
Boise
Cascade
Co
1,886
272,149
Bouygues
S.A.
11,110
413,898
(h)
CAE,
Inc
8,547
866,531
Carrier
Global
Corp
50,371
218,845
Caterpillar,
Inc
80,191
51,829
Cummins,
Inc
15,271
74,989
Curtiss-Wright
Corp
19,193
305
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
900
Daifuku
Co
Ltd
$
22
81,100
Daikin
Industries
Ltd
11,073
92,545
DCC
plc
6,733
155,356
Deere
&
Co
63,811
396
Dover
Corp
70
216,730
Eaton
Corp
plc
67,767
98,775
Eiffage
S.A.
11,210
1,733
EMCOR
Group,
Inc
607
71,368
Emerson
Electric
Co
8,095
1,823
Epiroc
AB
34
46,955
Fanuc
Ltd
1,310
172,378
Fastenal
Co
13,297
576
Ferguson
plc
126
144,957
Fortive
Corp
12,469
3,852
Fortune
Brands
Innovations,
Inc
326
4,591
Geberit
AG.
2,713
127,826
(h)
Great
Lakes
Dredge
&
Dock
Corp
1,119
143,716
Hexcel
Corp
10,470
986
Husqvarna
AB
(B
Shares)
8
2,459
IDEX
Corp
600
223,686
Illinois
Tool
Works,
Inc
60,022
1,115
Ingersoll
Rand,
Inc
106
355,681
Johnson
Controls
International
plc
23,233
1,076,270
Keppel
Corp
Ltd
5,849
346,500
Komatsu
Ltd
10,253
271,696
(h)
Kratos
Defense
&
Security
Solutions,
Inc
4,994
383,900
Kubota
Corp
6,023
161,080
Legrand
S.A.
17,058
86
Lennox
International,
Inc
42
50,237
(h)
Manitowoc
Co,
Inc
710
874,400
Marubeni
Corp
15,144
105,523
(h)
Mercury
Computer
Systems,
Inc
3,113
52,107
Metso
Outotec
Oyj
619
501,800
Mitsui
&
Co
Ltd
23,460
31,924
Moog,
Inc
(Class
A)
5,097
15,055
(h)
MYR
Group,
Inc
2,661
147,555
(f)
Nibe
Industrier
AB
726
333,800
Obayashi
Corp
3,969
9,277
Owens
Corning,
Inc
1,547
455
Pentair
plc
39
107,001
(f),(h)
Plug
Power,
Inc
368
51,414
(h)
Proto
Labs,
Inc
1,838
31,896
Quanta
Services,
Inc
8,287
56,823
Rockwell
Automation,
Inc
16,554
7,116
Rush
Enterprises,
Inc
(Class
A)
381
127,111
Sandvik
AB
2,822
164,206
Schneider
Electric
S.A.
37,123
55,809,519
(f),(h)
SembCorp
Marine
Ltd
3,262
355,600
(f)
Shimizu
Corp
2,296
216,049
Siemens
AG.
41,252
18,061
(f)
SKF
AB
(B
Shares)
369
151,416
(f),(h)
Stem,
Inc
332
111,428
(f),(h)
SunPower
Corp
334
392
Toto
Ltd
11
101,895
Trane
Technologies
plc
30,589
118,758
(h)
Triumph
Group,
Inc
1,786
44,615
United
Rentals,
Inc
32,172
24,341
(h)
V2X,
Inc
1,137
258,187
Vestas
Wind
Systems
A.S.
7,202
697,434
(f)
Volvo
AB
(B
Shares)
18,902
19,301
W.W.
Grainger,
Inc
19,635
1,964
Wabash
National
Corp
59
CREF
Social
Choice
Account
March
31,
2024
306
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
344,045
Wartsila
Oyj
(B
Shares)
$
5,229
40,621
WSP
Global,
Inc
6,770
53,419
Xylem,
Inc
6,904
700
Yaskawa
Electric
Corp
30
TOTAL
CAPITAL
GOODS
989,162
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
1.5%
834
ABM
Industries,
Inc
37
33,977
ACCO
Brands
Corp
191
53,127
(h)
ASGN,
Inc
5,566
249,991
Automatic
Data
Processing,
Inc
62,433
3,969
Brambles
Ltd
42
369,489
Bureau
Veritas
S.A.
11,282
274,481
Computershare
Ltd
4,675
957,232
(h)
Copart,
Inc
55,443
23,184
CSG
Systems
International,
Inc
1,195
614
Dai
Nippon
Printing
Co
Ltd
19
195,183
(h)
ExlService
Holdings,
Inc
6,207
43,749
(h)
FTI
Consulting,
Inc
9,200
5,059
Heidrick
&
Struggles
International,
Inc
170
44,488
Intertek
Group
plc
2,800
56,079
Kelly
Services,
Inc
(Class
A)
1,404
50,425
(h)
Liquidity
Services,
Inc
938
205,155
(h)
OPENLANE,
Inc
3,549
37,996
(f)
Randstad
Holdings
NV
2,006
71,301
(f)
RB
Global,
Inc
5,431
288,600
Recruit
Holdings
Co
Ltd
12,671
673,559
RELX
plc
29,048
62,095
Robert
Half
International,
Inc
4,923
471
Secom
Co
Ltd
34
97,700
(h)
SGS
S.A.
9,485
20,295
(f),(h)
Sterling
Check
Corp
326
102,953
Thomson
Reuters
Corp
16,022
173,583
TransUnion
13,852
2,948
TriNet
Group,
Inc
391
97,005
Veralto
Corp
8,600
21,187
Verisk
Analytics,
Inc
4,994
212,798
Waste
Management,
Inc
45,358
35,895
Wolters
Kluwer
NV
5,621
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
323,913
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
1.9%
20,974
(h)
1-800-FLOWERS.COM,
Inc
(Class
A)
227
635
(h)
Autozone,
Inc
2,001
621
Best
Buy
Co,
Inc
51
184
(h)
Burlington
Stores,
Inc
43
158
(f)
Canadian
Tire
Corp
Ltd
16
899
(h)
Carmax,
Inc
78
28,621
Dieteren
S.A.
6,345
34,769
Dollarama,
Inc
2,649
687,185
eBay,
Inc
36,270
54,500
Fast
Retailing
Co
Ltd
16,886
8,815
(h)
Five
Below,
Inc
1,599
21,486
(f),(h)
Genesco,
Inc
605
679
Genuine
Parts
Co
105
289,675
Hennes
&
Mauritz
AB
(B
Shares)
4,723
296,264
Home
Depot,
Inc
113,647
457,794
Industria
de
Diseno
Textil
S.A.
23,053
5,813
Kingfisher
plc
18
59,121
Kohl's
Corp
1,723
3,030
LKQ
Corp
162
280,129
Lowe's
Cos,
Inc
71,357
307
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
44,620
(h)
MarineMax,
Inc
$
1,484
383
(h)
Mercadolibre,
Inc
579
366
Next
plc
43
50,670
Pool
Corp
20,445
654,845
Prosus
NV
20,497
1,006,700
(h)
Rakuten,
Inc
5,714
34,896
Shoe
Carnival,
Inc
1,279
663,315
TJX
Cos,
Inc
67,273
23,577
Tractor
Supply
Co
6,171
186,836
Wesfarmers
Ltd
8,328
1,992
Winmark
Corp
721
146,996
(d),(h)
Zalando
SE
4,203
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
418,295
CONSUMER
DURABLES
&
APPAREL
-
1.0%
74,165
Adidas-Salomon
AG.
16,571
385,655
Barratt
Developments
plc
2,315
68,119
Berkeley
Group
Holdings
plc
4,093
308,453
Burberry
Group
plc
4,718
35,677
(h)
Crocs,
Inc
5,130
13,639
(h)
Deckers
Outdoor
Corp
12,838
524
Gildan
Activewear,
Inc
19
58,468
(h)
GoPro,
Inc
130
50,857
(h)
Green
Brick
Partners,
Inc
3,063
804
Hasbro,
Inc
45
11,315
Hermes
International
28,919
32,983
(f),(h)
iRobot
Corp
289
37,871
Kering
15,000
96,369
(h)
Lululemon
Athletica,
Inc
37,646
175,418
Moncler
S.p.A
13,090
2,248
(h)
NVR,
Inc
18,209
1,484,700
Panasonic
Corp
14,170
262
Pandora
A.S.
42
880
Persimmon
plc
15
48,760
Pulte
Homes,
Inc
5,881
18,601
Puma
AG.
Rudolf
Dassler
Sport
842
2,388
PVH
Corp
336
1,026
Sekisui
Chemical
Co
Ltd
15
237,400
Sekisui
House
Ltd
5,407
196,385
(h)
Sonos,
Inc
3,743
380,400
Sony
Corp
32,620
1,076,998
Taylor
Wimpey
plc
1,862
389
(f)
Yamaha
Corp
8
TOTAL
CONSUMER
DURABLES
&
APPAREL
227,016
CONSUMER
SERVICES
-
1.7%
237,336
Accor
S.A.
11,080
38,630
ADT,
Inc
260
244,616
Amadeus
IT
Holding
S.A.
15,703
18,299
Booking
Holdings,
Inc
66,387
48,734
(h)
Bright
Horizons
Family
Solutions,
Inc
5,524
26,134
Carriage
Services,
Inc
707
711,559
Compass
Group
plc
20,872
70,484
(h)
Dave
&
Buster's
Entertainment,
Inc
4,412
258,715
Hilton
Worldwide
Holdings,
Inc
55,186
575
IDP
Education
Ltd
7
109,464
InterContinental
Hotels
Group
plc
11,375
254,952
McDonald's
Corp
71,884
524,200
Oriental
Land
Co
Ltd
16,793
280,736
Pearson
plc
3,697
40,501
(h)
Planet
Fitness,
Inc
2,537
3,541
(h)
Shake
Shack,
Inc
368
CREF
Social
Choice
Account
March
31,
2024
308
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
26,316
(f),(h)
Six
Flags
Entertainment
Corp
$
693
623,953
Starbucks
Corp
57,023
1,846
Vail
Resorts,
Inc
411
129,335
Whitbread
plc
5,407
27,447
Wingstop,
Inc
10,057
81,717
Yum!
Brands,
Inc
11,330
TOTAL
CONSUMER
SERVICES
371,713
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.9%
232,500
Aeon
Co
Ltd
5,515
350,460
Alimentation
Couche-Tard,
Inc
20,002
251,706
(h)
BJ's
Wholesale
Club
Holdings,
Inc
19,042
328,482
Carrefour
S.A.
5,635
818,506
Coles
Group
Ltd
9,036
2,121,073
J
Sainsbury
plc
7,242
752
Kesko
Oyj
(B
Shares)
14
151,556
Koninklijke
Ahold
Delhaize
NV
4,535
6,934
Kroger
Co
396
154,400
Matsumotokiyoshi
Holdings
Co
Ltd
2,479
340,308
(h)
Ocado
Group
plc
1,952
116,280
(h)
Performance
Food
Group
Co
8,679
49,071
Pricesmart,
Inc
4,122
64,250
SpartanNash
Co
1,299
198,700
(h)
Sprouts
Farmers
Market,
Inc
12,812
309,188
Target
Corp
54,791
113,975
(h)
United
Natural
Foods,
Inc
1,310
362,113
(h)
US
Foods
Holding
Corp
19,543
649,626
Woolworths
Ltd
14,042
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
192,446
ENERGY
-
2.8%
343,310
(f)
ARC
Resources
Ltd
6,121
268,675
Baker
Hughes
Co
9,001
731,836
Cenovus
Energy,
Inc
(Toronto)
14,631
3,725
ChampionX
Corp
134
160,525
Cheniere
Energy,
Inc
25,889
519,057
Chevron
Corp
81,876
268,323
(h)
Clean
Energy
Fuels
Corp
719
586,582
ConocoPhillips
74,660
2,773
Delek
US
Holdings,
Inc
85
36,565
(h)
DMC
Global,
Inc
713
60,033
(h)
Dril-Quip,
Inc
1,353
691,684
Enbridge,
Inc
24,996
307,418
EQT
Corp
11,396
416,218
Equinor
ASA
11,161
584,895
Galp
Energia
SGPS
S.A.
9,670
141,430
Hess
Corp
21,588
212,089
(f)
Imperial
Oil
Ltd
14,629
593,900
Inpex
Holdings,
Inc
9,028
6,419
(f)
Keyera
Corp
165
674,835
Kinder
Morgan,
Inc
12,377
755,603
(h)
Kosmos
Energy
Ltd
4,503
351,330
Neste
Oil
Oyj
9,526
119,577
NOV,
Inc
2,334
17,408
(h)
Oceaneering
International,
Inc
407
114,033
OMV
AG.
5,401
31,537
ONEOK,
Inc
2,528
703
Ovintiv,
Inc
37
171,714
Parkland
Corp
5,469
182,711
Pembina
Pipeline
Corp
6,449
48,471
Phillips
66
7,917
119,063
Pioneer
Natural
Resources
Co
31,254
309
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
661,872
Schlumberger
Ltd
$
36,277
1,290,892
Shell
plc
42,831
522,200
Suncor
Energy,
Inc
19,272
247,951
TechnipFMC
plc
6,226
629,430
Total
S.A.
43,298
229,089
Valero
Energy
Corp
39,103
52,316
(h)
Weatherford
International
plc
6,038
742,877
Woodside
Energy
Group
Ltd
14,807
TOTAL
ENERGY
613,869
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.3%
245,832
American
Tower
Corp
48,574
817
Boston
Properties,
Inc
53
2,405,177
CapitaMall
Trust
3,527
1,190
Crown
Castle,
Inc
126
2,975
Dexus
Property
Group
15
410,080
DiamondRock
Hospitality
Co
3,941
88,036
Digital
Realty
Trust,
Inc
12,681
66,669
Equinix,
Inc
55,024
46,383
First
Industrial
Realty
Trust,
Inc
2,437
63,273
Fonciere
Des
Regions
3,261
57,595
Gecina
S.A.
5,883
924,578
Goodman
Group
20,366
688,636
GPT
Group
2,049
1,804
Healthpeak
Properties,
Inc
34
945
Iron
Mountain,
Inc
76
4,380
Kilroy
Realty
Corp
159
269,497
(f)
Klepierre
6,976
204,332
Macerich
Co
3,521
1,050,750
Mirvac
Group
1,615
369,158
Park
Hotels
&
Resorts,
Inc
6,457
470,316
Prologis,
Inc
61,244
298
SBA
Communications
Corp
65
151,016
Segro
plc
1,722
6,604
Stockland
Trust
Group
21
148,462
(h)
Unibail-Rodamco-Westfield
11,943
190,252
Vicinity
Ltd
264
260,103
Welltower,
Inc
24,304
344,928
Weyerhaeuser
Co
12,386
84,284
Xenia
Hotels
&
Resorts,
Inc
1,265
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
289,989
FINANCIAL
SERVICES
-
4.6%
531,588
3i
Group
plc
18,849
2,388,396
Abrdn
plc
4,255
3,076
Ally
Financial,
Inc
125
305,156
American
Express
Co
69,481
89,396
Ameriprise
Financial,
Inc
39,195
6,128
Annaly
Capital
Management,
Inc
121
536
Australian
Stock
Exchange
Ltd
23
739,110
Bank
of
New
York
Mellon
Corp
42,587
81,427
BlackRock,
Inc
67,886
94,759
Deutsche
Boerse
AG.
19,406
153,501
Discover
Financial
Services
20,122
54,588
Eurazeo
4,783
12,881
Factset
Research
Systems,
Inc
5,853
377,671
Fidelity
National
Information
Services,
Inc
28,016
166,377
Goldman
Sachs
Group,
Inc
69,494
10,629
(h)
Green
Dot
Corp
99
334,646
Hong
Kong
Exchanges
and
Clearing
Ltd
9,751
175,806
London
Stock
Exchange
Group
plc
21,036
221
LPL
Financial
Holdings,
Inc
58
CREF
Social
Choice
Account
March
31,
2024
310
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
147,247
Macquarie
Group
Ltd
$
19,154
260
MarketAxess
Holdings,
Inc
57
243,334
Mastercard,
Inc
(Class
A)
117,182
114,452
Moody's
Corp
44,983
688,297
Morgan
Stanley
64,810
22,082
(h)
Mr
Cooper
Group,
Inc
1,721
99,693
Nasdaq
Stock
Market,
Inc
6,291
2,335,400
(h)
Nomura
Holdings,
Inc
14,948
1,142
Northern
Trust
Corp
102
773,090
ORIX
Corp
16,909
552,593
(h)
PayPal
Holdings,
Inc
37,018
5,978
(h)
PRA
Group,
Inc
156
2,150
PROG
Holdings,
Inc
74
159,705
S&P
Global,
Inc
67,946
656,988
Schroders
plc
3,121
115,952
St.
James's
Place
plc
680
182,346
State
Street
Corp
14,099
1,437
Synchrony
Financial
62
770
TMX
Group
Ltd
20
1,052,856
UBS
Group
AG
32,418
444,463
Visa,
Inc
(Class
A)
124,041
6,707
Voya
Financial,
Inc
496
71,853
(h)
WEX,
Inc
17,067
TOTAL
FINANCIAL
SERVICES
1,004,495
FOOD,
BEVERAGE
&
TOBACCO
-
2.0%
356,363
Ajinomoto
Co,
Inc
13,308
104,366
Archer-Daniels-Midland
Co
6,555
1,758
Bunge
Global
S.A.
180
3,095
Campbell
Soup
Co
138
1,431,481
Coca-Cola
Co
87,578
202,358
(h)
Coca-Cola
Europacific
Partners
plc
14,155
279,246
Coca-Cola
HBC
AG.
8,824
1,330
ConAgra
Brands,
Inc
39
305,282
Danone
19,735
19,284
(h)
Darling
International,
Inc
897
52,370
Fresh
Del
Monte
Produce,
Inc
1,357
421,681
General
Mills,
Inc
29,505
273,218
Hormel
Foods
Corp
9,533
4,508
Kellogg
Co
258
162,389
Kerry
Group
plc
(Class
A)
13,915
2,155
Keurig
Dr
Pepper,
Inc
66
865,000
Kikkoman
Corp
11,102
276,611
Lamb
Weston
Holdings,
Inc
29,467
104,324
McCormick
&
Co,
Inc
8,013
116,254
Mowi
ASA
2,135
659,778
Nestle
S.A.
70,101
304,982
Orkla
ASA
2,154
502,278
PepsiCo,
Inc
87,904
170,400
Suntory
Beverage
&
Food
Ltd
5,764
12,328
(h)
TreeHouse
Foods,
Inc
480
16,271
(h)
Vital
Farms,
Inc
378
2,415,114
Wilmar
International
Ltd
6,135
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
429,676
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
2.3%
323,502
(f),(h)
23andMe
Holding
Co
172
138,102
(h)
Accolade,
Inc
1,447
155,988
Amplifon
S.p.A.
5,686
8,730
(h)
AtriCure,
Inc
266
270,603
(f),(h)
Brookdale
Senior
Living,
Inc
1,789
53,045
(h)
Castle
Biosciences,
Inc
1,175
311
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
104,587
Cigna
Group
$
37,985
24,182
Cochlear
Ltd
5,318
72,282
Coloplast
A.S.
9,759
960
(h)
Cooper
Cos,
Inc
97
72,482
(f),(h)
CryoLife,
Inc
1,534
188
(h)
DaVita,
Inc
26
67,021
(h)
Demant
A.S.
3,331
105,549
(f),(h)
DocGo,
Inc
426
72,580
EBOS
Group
Ltd
1,484
544,609
(h)
Edwards
Lifesciences
Corp
52,043
83,412
Elevance
Health,
Inc
43,252
98,145
(h)
Enhabit,
Inc
1,143
203,819
(h)
Envista
Holdings
Corp
4,358
44,000
(h)
Fulgent
Genetics,
Inc
955
39,509
(h)
Glaukos
Corp
3,725
16,584
(h)
Globus
Medical,
Inc
890
147,398
HCA,
Inc
49,162
113,131
(h)
Health
Catalyst,
Inc
852
29,671
(h)
Henry
Schein,
Inc
2,241
135,994
(h)
Hologic,
Inc
10,602
104,900
(h)
Hoya
Corp
13,120
72,953
(h)
IDEXX
Laboratories,
Inc
39,389
527
(h)
Insulet
Corp
90
3,424
Laboratory
Corp
of
America
Holdings
748
36,806
LeMaitre
Vascular,
Inc
2,442
10,988
(h)
LivaNova
plc
615
20,170
McKesson
Corp
10,828
52,783
(h)
Merit
Medical
Systems,
Inc
3,998
161
(h)
Molina
Healthcare,
Inc
66
179,941
(h)
NeoGenomics,
Inc
2,829
69,219
(h)
Nevro
Corp
999
87,619
(h)
Omnicell,
Inc
2,561
143,905
(h)
OraSure
Technologies,
Inc
885
69,413
(h)
Orthofix
Medical,
Inc
1,008
16,134
(h)
Pennant
Group,
Inc
317
18,923
(h)
Penumbra,
Inc
4,223
72,016
(f),(h)
Pulmonx
Corp
668
1,238
Quest
Diagnostics,
Inc
165
167,024
Ramsay
Health
Care
Ltd
6,149
101,039
Resmed,
Inc
20,009
52,460
(h)
RxSight,
Inc
2,706
1,485
(h)
Shockwave
Medical,
Inc
484
69,700
(h)
SI-BONE,
Inc
1,141
212,936
Sonic
Healthcare
Ltd
4,080
45,077
Sonova
Holdings
AG
13,054
29,781
(h)
STAAR
Surgical
Co
1,140
41,996
STERIS
plc
9,442
188,700
Sysmex
Corp
3,367
431,372
Terumo
Corp
7,894
70,082
(h)
Treace
Medical
Concepts,
Inc
915
13,821
(h)
UFP
Technologies,
Inc
3,486
203,423
UnitedHealth
Group,
Inc
100,633
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
499,169
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.0%
2,635
Church
&
Dwight
Co,
Inc
275
589
Clorox
Co
90
340,276
(f)
Essity
AB
8,083
57,175
Henkel
KGaA
4,120
111,129
Henkel
KGaA
(Preference)
8,932
172,700
Kao
Corp
6,453
13,981
Kimberly-Clark
Corp
1,808
CREF
Social
Choice
Account
March
31,
2024
312
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
74,176
L'Oreal
S.A.
$
35,128
704,197
Procter
&
Gamble
Co
114,256
193,300
Shiseido
Co
Ltd
5,304
138,700
Uni-Charm
Corp
4,416
688,144
Unilever
plc
34,546
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
223,411
INSURANCE
-
2.2%
1,969,389
Aegon
NV
12,015
2,897,000
AIA
Group
Ltd
19,487
122,500
Allianz
AG.
36,715
686,328
Assicurazioni
Generali
S.p.A.
17,373
147
Assurant,
Inc
28
697,161
AXA
S.A.
26,182
901,275
(h)
Genworth
Financial,
Inc
(Class
A)
5,795
914
Hartford
Financial
Services
Group,
Inc
94
1,068
Insurance
Australia
Group
Ltd
4
4,265,379
Legal
&
General
Group
plc
13,703
301,020
Marsh
&
McLennan
Cos,
Inc
62,004
246,900
Mitsui
Sumitomo
Insurance
Group
Holdings,
Inc
4,360
48,605
Muenchener
Rueckver
AG.
23,726
225,357
NN
Group
NV
10,404
325,151
Progressive
Corp
67,248
391,791
Prudential
Financial,
Inc
45,996
305,354
QBE
Insurance
Group
Ltd
3,610
447,600
Sompo
Holdings,
Inc
9,382
77,096
Sun
Life
Financial,
Inc
4,207
20,793
Swiss
Life
Holding
14,584
121,443
Swiss
Re
AG.
15,622
344,800
Tokio
Marine
Holdings,
Inc
10,808
188,068
Travelers
Cos,
Inc
43,282
49,200
Zurich
Insurance
Group
AG
26,579
TOTAL
INSURANCE
473,208
MATERIALS
-
2.7%
162,065
Agnico-Eagle
Mines
Ltd
9,664
502
Akzo
Nobel
NV
37
34,359
(h)
Allegheny
Technologies,
Inc
1,758
19,088
Amcor
plc
182
591,902
Anglo
American
plc
14,586
478,464
Antofagasta
plc
12,290
14,878
Aptargroup,
Inc
2,141
480,800
Asahi
Kasei
Corp
3,526
511,862
Ball
Corp
34,479
220,460
BlueScope
Steel
Ltd
3,429
274,151
Boliden
AB
7,612
322,184
(h)
Coeur
Mining,
Inc
1,215
279,223
CRH
plc
24,100
41,736
Croda
International
plc
2,582
142,739
Dow,
Inc
8,269
45,775
DSM-Firmenich
AG.
5,206
241,467
Ecolab,
Inc
55,755
178,945
Endeavour
Mining
plc
3,631
176,670
Evonik
Industries
AG.
3,495
939,120
Fortescue
Metals
Group
Ltd
15,716
56,667
Franco-Nevada
Corp
6,752
3,439
Givaudan
S.A.
15,309
114,550
HeidelbergCement
AG.
12,610
111,533
Holcim
Ltd
10,104
37,584
(h)
Holmen
AB
1,529
64,829
International
Flavors
&
Fragrances,
Inc
5,575
1,576
International
Paper
Co
61
313
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,233
(h)
James
Hardie
Industries
plc
$
50
309,800
JFE
Holdings,
Inc
5,134
221,890
JSR
Corp
6,351
39,324
Koppers
Holdings,
Inc
2,169
184,437
Linde
plc
85,638
22,118
Martin
Marietta
Materials,
Inc
13,579
181,711
Mineral
Resources
Ltd
8,384
306,342
Mitsubishi
Chemical
Holdings
Corp
1,867
602
Mitsui
Chemicals,
Inc
18
144,380
Mondi
plc
2,543
560,636
Newmont
Goldcorp
Corp
20,093
735,500
Nippon
Paint
Co
Ltd
5,294
89,700
Nitto
Denko
Corp
8,202
1,488,628
Norsk
Hydro
ASA
8,181
375,868
Northern
Star
Resources
Ltd
3,546
1,010
Novozymes
A.S.
59
236,698
Nucor
Corp
46,843
220,547
Nutrien
Ltd
11,982
13,246
Olympic
Steel,
Inc
939
1,122
Orica
Ltd
13
1,713,646
(f)
Pilbara
Minerals
Ltd
4,276
27,126
PPG
Industries,
Inc
3,931
79,314
(h)
Ranpak
Holdings
Corp
624
14,302
Royal
Gold,
Inc
1,742
5,386
Schnitzer
Steel
Industries,
Inc
(Class
A)
114
624,700
Shin-Etsu
Chemical
Co
Ltd
27,401
74,729
(f)
SIG
Group
AG.
1,657
58,204
Sika
AG.
17,319
678
Smurfit
Kappa
Group
plc
31
527
Steel
Dynamics,
Inc
78
152,065
Stora
Enso
Oyj
(R
Shares)
2,115
290,200
Sumitomo
Metal
Mining
Co
Ltd
8,665
212,840
(h)
Summit
Materials,
Inc
9,486
312,241
(f)
Svenska
Cellulosa
AB
(B
Shares)
4,800
9,000
Toray
Industries,
Inc
43
209,511
Umicore
S.A.
4,517
96,545
UPM-Kymmene
Oyj
3,217
3,394
Westrock
Co
168
212,433
Wheaton
Precious
Metals
Corp
10,006
TOTAL
MATERIALS
592,688
MEDIA
&
ENTERTAINMENT
-
2.0%
27,760
(d)
Auto
Trader
Group
plc
245
311
(h)
Charter
Communications,
Inc
90
53,246
(f),(h)
Cinemark
Holdings,
Inc
957
731,093
(h)
Clear
Channel
Outdoor
Holdings,
Inc
1,206
1,628,593
Comcast
Corp
(Class
A)
70,599
186,874
Electronic
Arts,
Inc
24,793
30,526
(h)
EW
Scripps
Co
(Class
A)
120
870
Fox
Corp
(Class
A)
27
409
Fox
Corp
(Class
B)
12
111,679
Gray
Television,
Inc
706
9,348
(h)
IMAX
Corp
151
742,910
Informa
plc
7,795
150,800
Interpublic
Group
of
Cos,
Inc
4,921
18,942
John
Wiley
&
Sons,
Inc
(Class
A)
722
44,067
(h)
MediaAlpha,
Inc
898
148,159
(h)
NetFlix,
Inc
89,981
23,769
New
York
Times
Co
(Class
A)
1,027
330,009
News
Corp
(Class
A)
8,640
412,300
Nintendo
Co
Ltd
22,497
275,624
Omnicom
Group,
Inc
26,669
CREF
Social
Choice
Account
March
31,
2024
314
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
1,668
Paramount
Global
(Class
B)
$
20
75,820
Publicis
Groupe
S.A.
8,266
1,597
REA
Group
Ltd
193
60,978
(h)
Roku,
Inc
3,974
13,853
Scholastic
Corp
522
10,765
Seek
Ltd
176
1,290,070
(f)
Sirius
XM
Holdings,
Inc
5,005
31,164
(h)
Snap,
Inc
358
206,207
(h)
Take-Two
Interactive
Software,
Inc
30,620
9,574
TEGNA,
Inc
143
348,388
Universal
Music
Group
NV
10,469
296,759
(h)
Vimeo,
Inc
1,214
716,186
Walt
Disney
Co
87,631
428,608
(h)
Warner
Bros
Discovery,
Inc
3,742
670,825
WPP
plc
6,357
129,824
(h)
Yelp,
Inc
5,115
2,389,325
Z
Holdings
Corp
6,052
27,738
(h)
Ziff
Davis,
Inc
1,749
131,879
(h)
ZipRecruiter,
Inc
1,515
591,625
(h)
ZoomInfo
Technologies,
Inc
9,484
TOTAL
MEDIA
&
ENTERTAINMENT
444,661
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
5.0%
179,570
(h)
Adaptive
Biotechnologies
Corp
576
261,187
Agilent
Technologies,
Inc
38,005
119,809
(h)
Alector,
Inc
721
63,186
(f),(h)
Allogene
Therapeutics,
Inc
282
233,547
Amgen,
Inc
66,402
72,239
(h)
Arcellx,
Inc
5,024
45,439
(h)
Arcturus
Therapeutics
Holdings,
Inc
1,535
789,014
Astellas
Pharma,
Inc
8,476
401,839
AstraZeneca
plc
53,985
2,859
(f),(h)
Axsome
Therapeutics,
Inc
228
10,381
(h)
Biogen,
Inc
2,238
107,510
(h)
Biohaven
Ltd
5,880
927,580
Bristol-Myers
Squibb
Co
50,303
66,971
(f),(h)
Cabaletta
Bio,
Inc
1,143
49,927
(f),(h)
Cassava
Sciences,
Inc
1,013
15,403
(h)
CryoPort,
Inc
273
711,847
Daiichi
Sankyo
Co
Ltd
22,650
291,719
Danaher
Corp
72,848
199,100
Eisai
Co
Ltd
8,201
211,597
Eli
Lilly
&
Co
164,614
47,598
(h)
Genmab
AS
14,271
484,778
Gilead
Sciences,
Inc
35,510
1,389,005
GSK
plc
29,823
78,577
(h)
Immunovant,
Inc
2,539
127,669
(h)
Intellia
Therapeutics,
Inc
3,512
22,895
(h)
Intra-Cellular
Therapies,
Inc
1,584
95,626
(h)
IQVIA
Holdings,
Inc
24,183
3,169
(f),(h)
Janux
Therapeutics,
Inc
119
168
(h)
Jazz
Pharmaceuticals
plc
20
276,847
Kyowa
Hakko
Kogyo
Co
Ltd
4,981
35,855
Lonza
Group
AG.
21,427
58,855
(f),(h)
Lyell
Immunopharma,
Inc
131
815,098
Merck
&
Co,
Inc
107,552
90,364
Merck
KGaA
15,934
8,560
(h)
Mettler-Toledo
International,
Inc
11,396
530,480
Novartis
AG.
51,381
771,350
Novo
Nordisk
A.S.
98,944
275,800
Ono
Pharmaceutical
Co
Ltd
4,519
65,309
(f),(h)
Phathom
Pharmaceuticals,
Inc
694
315
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
40,531
Phibro
Animal
Health
Corp
$
524
83,677
(h)
Prothena
Corp
plc
2,073
120,580
(f),(h)
Recursion
Pharmaceuticals,
Inc
1,202
47,327
(h)
Regeneron
Pharmaceuticals,
Inc
45,552
186,987
(f),(h)
Sana
Biotechnology,
Inc
1,870
106,344
(h)
Scholar
Rock
Holding
Corp
1,889
101,433
Shionogi
&
Co
Ltd
5,183
86,995
(h)
Tango
Therapeutics,
Inc
691
47,772
(f),(h)
Tarsus
Pharmaceuticals,
Inc
1,737
134,427
(h)
Ultragenyx
Pharmaceutical,
Inc
6,276
96,414
(f),(h)
Verve
Therapeutics,
Inc
1,280
29,240
(f),(h)
Viridian
Therapeutics,
Inc
512
27,016
(h)
Waters
Corp
9,300
55,362
West
Pharmaceutical
Services,
Inc
21,907
303,908
Zoetis,
Inc
51,424
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
1,084,337
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.3%
210,217
(h)
Anywhere
Real
Estate,
Inc
1,299
2,280,173
Capitaland
Investment
Ltd
4,525
122,737
(h)
CBRE
Group,
Inc
11,935
1,100
City
Developments
Ltd
5
301,100
Daiwa
House
Industry
Co
Ltd
8,962
5,328
FirstService
Corp
882
1,608
(h)
Howard
Hughes
Holdings,
Inc
117
8,252
(h)
Jones
Lang
LaSalle,
Inc
1,610
22,997
LEG
Immobilien
SE
1,975
469,872
Mitsubishi
Estate
Co
Ltd
8,573
1,077,951
Mitsui
Fudosan
Co
Ltd
11,622
2,740
RMR
Group,
Inc
66
602,000
Swire
Pacific
Ltd
(Class
A)
4,956
1,367,000
Swire
Properties
Ltd
2,875
6,482
(h)
Tejon
Ranch
Co
100
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
59,502
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
4.6%
318,200
Advantest
Corp
14,135
367,177
Applied
Materials,
Inc
75,723
96,125
ASML
Holding
NV
93,190
31,832
(h)
Cirrus
Logic,
Inc
2,946
158,897
(h)
First
Solar,
Inc
26,822
20,411
(h)
Ichor
Holdings
Ltd
788
1,701,117
Intel
Corp
75,138
70,074
Lam
Research
Corp
68,082
738,535
Marvell
Technology,
Inc
52,347
477,818
Nvidia
Corp
431,737
4,318
NXP
Semiconductors
NV
1,070
95,508
(h)
Onto
Innovation,
Inc
17,295
212,652
(h)
Rambus,
Inc
13,144
989,344
Renesas
Electronics
Corp
17,631
26,693
(h)
Silicon
Laboratories,
Inc
3,836
424,005
Texas
Instruments,
Inc
73,866
141,600
Tokyo
Electron
Ltd
36,880
228,663
(f),(h)
Wolfspeed,
Inc
6,746
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
1,011,376
SOFTWARE
&
SERVICES
-
7.3%
156,641
(h)
Adobe,
Inc
79,041
55,622
(h)
Altair
Engineering,
Inc
4,792
14,011
(h)
Ansys,
Inc
4,864
18,914
(h)
Appfolio,
Inc
4,667
86,443
(f),(h)
Asana,
Inc
1,339
CREF
Social
Choice
Account
March
31,
2024
316
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
211,462
(h)
Autodesk,
Inc
$
55,069
189,418
(h)
Cadence
Design
Systems,
Inc
58,962
381
(h)
Ceridian
HCM
Holding,
Inc
25
357,178
Dassault
Systemes
SE
15,811
17,006
(f),(h)
Digimarc
Corp
462
116,313
Dolby
Laboratories,
Inc
(Class
A)
9,743
262,624
(h)
DoubleVerify
Holdings,
Inc
9,234
402,436
(h)
DXC
Technology
Co
8,536
62,667
(h)
Elastic
NV
6,282
978,000
Fujitsu
Ltd
15,652
1,601
Gen
Digital,
Inc
36
127,001
(h)
Guidewire
Software,
Inc
14,822
78,717
(h)
HubSpot,
Inc
49,321
47,778
(h)
Intapp,
Inc
1,639
25,844
(f)
InterDigital,
Inc
2,751
396,064
International
Business
Machines
Corp
75,632
117,099
Intuit,
Inc
76,114
1,449,669
Microsoft
Corp
609,905
198,081
NEC
Corp
14,461
196,400
Nomura
Research
Institute
Ltd
5,548
439,510
(h)
Nutanix,
Inc
27,127
26,145
(h)
OneSpan,
Inc
304
165,017
Open
Text
Corp
(Toronto)
6,403
63,934
(h)
PTC,
Inc
12,080
317,622
Salesforce,
Inc
95,661
276,898
SAP
AG.
53,917
94,157
(h)
ServiceNow,
Inc
71,785
400,635
(h)
Shopify,
Inc
(Class
A)
30,908
212,279
(h)
Sprinklr,
Inc
2,605
73,658
(h)
Sprout
Social,
Inc
4,398
71,573
(h)
SPS
Commerce,
Inc
13,234
40,900
Sumisho
Computer
Systems
Corp
760
103,954
(h)
Synopsys,
Inc
59,410
195,154
(h)
Teradata
Corp
7,547
178,295
WiseTech
Global
Ltd
10,905
187,870
(h)
Workday,
Inc
51,242
108,091
(h)
Xero
Ltd
9,385
34,711
(h)
Xperi,
Inc
419
TOTAL
SOFTWARE
&
SERVICES
1,582,798
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
1.6%
95,953
ADTRAN
Holdings,
Inc
522
178,634
Avnet,
Inc
8,857
3,490
(f)
Azbil
Corp
97
57,372
Badger
Meter,
Inc
9,283
68,965
Benchmark
Electronics,
Inc
2,070
291,626
(h)
Ciena
Corp
14,421
60,414
CTS
Corp
2,827
51,824
(h)
ePlus,
Inc
4,070
71,782
(h)
Fabrinet
13,568
696,600
FUJIFILM
Holdings
Corp
15,642
214,714
(h)
Harmonic,
Inc
2,886
2,557,499
Hewlett
Packard
Enterprise
Co
45,344
1,602,078
HP,
Inc
48,415
142,800
(f)
Ibiden
Co
Ltd
6,396
229,007
(f),(h)
Infinera
Corp
1,381
55,985
(f),(h)
Insight
Enterprises,
Inc
10,386
67,862
(h)
Itron,
Inc
6,279
309,714
(h)
Keysight
Technologies,
Inc
48,433
45,982
(h)
Kimball
Electronics,
Inc
995
175,274
(h)
Knowles
Corp
2,822
94,502
(h)
Lumentum
Holdings,
Inc
4,475
317
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
8,736
Methode
Electronics,
Inc
$
106
390,661
(h)
Mirion
Technologies,
Inc
4,442
61,451
(h)
Netgear,
Inc
969
44,721
(h)
Netscout
Systems,
Inc
977
35,179
(h)
Novanta,
Inc
6,148
46,700
Omron
Corp
1,672
31,396
(h)
OSI
Systems,
Inc
4,484
51,944
(f),(h)
PAR
Technology
Corp
2,356
53,527
(h)
Plexus
Corp
5,075
64,222
(h)
Ribbon
Communications,
Inc
206
16,655
Ricoh
Co
Ltd
148
33,767
(h)
Rogers
Corp
4,008
151,655
Shimadzu
Corp
4,224
298,359
TDK
Corp
14,652
492,111
(h)
Trimble
Inc
31,672
26,134
(h)
Vishay
Precision
Group,
Inc
923
305,957
Vontier
Corp
13,878
228,116
Xerox
Holdings
Corp
4,083
632
Yokogawa
Electric
Corp
15
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
349,207
TELECOMMUNICATION
SERVICES
-
0.8%
7,159,532
BT
Group
plc
9,908
265,750
(d)
Cellnex
Telecom
S.A.
9,401
393
Elisa
Oyj
(Series
A)
17
224,381
Iridium
Communications,
Inc
5,870
655,732
KDDI
Corp
19,388
555,864
Koninklijke
KPN
NV
2,079
192,952
Rogers
Communications,
Inc
(Class
B)
7,906
1,333,900
SoftBank
Corp
17,174
15,375
(h)
Swisscom
AG.
9,410
8,252
Tele2
AB
(B
Shares)
68
5,177
Telecom
Corp
of
New
Zealand
Ltd
15
131,695
Telenor
ASA
1,465
1,677,759
TeliaSonera
AB
4,300
1,675,158
Telstra
Corp
Ltd
4,214
139,183
TELUS
Corp
2,226
1,823,637
Verizon
Communications,
Inc
76,520
13,481,335
Vodafone
Group
plc
11,957
TOTAL
TELECOMMUNICATION
SERVICES
181,918
TRANSPORTATION
-
1.8%
205,200
(f)
All
Nippon
Airways
Co
Ltd
4,288
46,417
ArcBest
Corp
6,614
1,195,665
Auckland
International
Airport
Ltd
5,965
620,413
Aurizon
Holdings
Ltd
1,618
203,886
Canadian
National
Railway
Co
26,848
39,392
CH
Robinson
Worldwide,
Inc
2,999
1,532,414
CSX
Corp
56,807
903,204
Delta
Air
Lines,
Inc
43,236
762,900
East
Japan
Railway
Co
14,636
147,733
Expeditors
International
Washington,
Inc
17,960
2,184,237
(h)
Grab
Holdings
Ltd
6,858
270,700
Hankyu
Hanshin
Holdings,
Inc
7,767
24,300
(f)
Kintetsu
Corp
708
44,472
(f)
Kuehne
&
Nagel
International
AG.
12,373
459
Landstar
System,
Inc
88
1,995,864
MTR
Corp
6,594
87,913
Nippon
Express
Holdings,
Inc
4,488
420,875
(f)
Nippon
Yusen
Kabushiki
Kaisha
11,555
13,556
Norfolk
Southern
Corp
3,455
233,332
Old
Dominion
Freight
Line
51,172
CREF
Social
Choice
Account
March
31,
2024
318
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
185,813
(h)
Qantas
Airways
Ltd
$
660
46,790
(h)
Saia,
Inc
27,372
101,200
SG
Holdings
Co
Ltd
1,282
1,469
Tokyu
Corp
18
1,653,344
Transurban
Group
14,343
243
U-Haul
Holding
Co
16
361,784
United
Parcel
Service,
Inc
(Class
B)
53,772
344,414
West
Japan
Railway
Co
7,178
TOTAL
TRANSPORTATION
390,670
UTILITIES
-
1.5%
689
Alliant
Energy
Corp
35
403,833
American
Electric
Power
Co,
Inc
34,770
500,415
APA
Group
2,743
1,391,690
CLP
Holdings
Ltd
11,100
797
CMS
Energy
Corp
48
203,718
Consolidated
Edison,
Inc
18,500
1,246
DTE
Energy
Co
140
3,215,120
Enel
S.p.A.
21,225
1,260,240
Energias
de
Portugal
S.A.
4,917
689
Essential
Utilities,
Inc
25
2,202
Eversource
Energy
132
118,617
Fortis,
Inc
4,687
911
Hydro
One
Ltd
27
2,177,164
Iberdrola
S.A.
27,041
152,834
Mercury
NZ
Ltd
633
502,825
Meridian
Energy
Ltd
1,775
1,317,013
National
Grid
plc
17,745
1,032,179
NextEra
Energy,
Inc
65,967
1,123
NiSource,
Inc
31
746,374
Origin
Energy
Ltd
4,477
140,579
Orsted
AS
7,855
145,500
Osaka
Gas
Co
Ltd
3,273
1,123
Redeia
Corp
S.A.
19
492,137
Scottish
&
Southern
Energy
plc
10,260
771,535
SembCorp
Industries
Ltd
3,084
732,965
Southern
Co
52,583
153,126
(f),(h)
Sunnova
Energy
International,
Inc
939
181,100
Tokyo
Gas
Co
Ltd
4,117
110,135
WEC
Energy
Group,
Inc
9,044
263,329
Xcel
Energy,
Inc
14,154
TOTAL
UTILITIES
321,346
TOTAL
COMMON
STOCKS
13,059,050
(Cost
$9,656,335)
PREFERRED
STOCKS
-
0.2%
INSURANCE
-
0.0%
178,941
Assurant,
Inc
4,080
TOTAL
INSURANCE
4,080
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.1%
390,000
(f)
Brookfield
Property
Partners
LP
5,620
681,850
Brookfield
Property
Partners
LP
8,700
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
14,320
UTILITIES
-
0.1%
490,000
(f)
Brookfield
Infrastructure
Partners
LP
8,889
319
See
Notes
to
Portfolio
of
Investments
SHARES
DESCRIPTION
REFERENCERATE
&
SPREAD
VALUE
(000)
308,000
Brookfield
Renewable
Partners
LP
$
5,615
TOTAL
UTILITIES
14,504
TOTAL
PREFERRED
STOCKS
32,904
(Cost
$51,220)
EXPIRATION
DATE
RIGHTS/WARRANTS
-
0.0%
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.0%
774
(a)
ABIOMED,
Inc
12/31/29
1
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
1
TOTAL
RIGHTS/WARRANTS
1
(Cost
$1)
TOTAL
LONG-TERM
INVESTMENTS
21,617,832‌
(Cost
$18,734,618)
PRINCIPAL
RATE
MATURITY
DATE
SHORT-TERM
INVESTMENTS
-
0.3%
REPURCHASE
AGREEMENT
-
0.2%
$
43,910,000
(i)
Fixed
Income
Clearing
Corp
(FICC)
5
.320
%
04/01/24
43,910
TOTAL
REPURCHASE
AGREEMENT
43,910
TREASURY
DEBT
-
0.1%
12,500,000
United
States
Treasury
Bill
0
.000
05/09/24
12,430
TOTAL
TREASURY
DEBT
12,430
TOTAL
SHORT-TERM
INVESTMENTS
56,340
(Cost
$56,340)
SHARES
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.9%
194,805,126
(j)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5
.340
(k)
194,805
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
194,805
(Cost
$194,805)
TOTAL
INVESTMENTS
-
100.4%
21,868,977
(Cost
$18,985,763)
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.4)%
(
78,455
)
NET
ASSETS
-
100.0%
$21,790,522
AVG
Average
CCRC
Congregate
Care
Retirement
Center
D
Day
EUR
Euro
LIBOR
London
Interbank
Offered
Rate
M
Month
SOFR
Secure
Overnight
Financing
Rate
CREF
Social
Choice
Account
March
31,
2024
320
See
Notes
to
Portfolio
of
Investments
Portfolio
of
Investments
(continued)
Cost
amounts
are
in
thousands.
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
^
Amount
represents
less
than
$1,000.
(a)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(b)
In
default
(c)
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.
(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.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$1,910,441,670
or
8.7%
of
Total
Investments.
(e)
Perpetual
security
(f)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$265,182,617.
(g)
When-issued
or
delayed
delivery
security.
(h)
Non-income
producing
(i)
Agreement
with
Fixed
Income
Clearing
Corp
(FICC),
5.320%
dated
3/28/24
to
be
repurchased
at
$43,935,956
on
4/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.125%
and
maturity
date
7/15/26,
valued
at
$44,788,207.
(j)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(k)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Forward
Foreign
Currency
Contracts
Currency
Purchased
Receive
(000)
Currency
Sold
Deliver
(000)
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
(000)
$
6,861
EUR
6,227
JPMorgan
Chase
Bank
04/16/24
 $
139‌
$
16,065
EUR
14,740
JPMorgan
Chase
Bank
04/16/24
152‌
EUR
2,523
$
2,718
JPMorgan
Chase
Bank
04/16/24
6‌
Total
 $
297‌
EUR
Euro
Portfolio
of
Investments
(unaudited)
College
Retirement
Equities
Fund
March
31,
2024
321
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
199
199
Common
stocks
88,234,510
36,635,652
3,072
124,873,234
Rights/Warrants
3,251
131
3,382
Short-Term
Investments
:
Government
agency
debt
96,099
96,099
Treasury
debt
175,349
175,349
Investments
purchased
with
collateral
from
securities
lending:
Certificate
of
deposit
261,803
261,803
Commercial
paper
38,901
38,901
Repurchase
agreement
675,000
675,000
Variable
rate
securities
5,000
5,000
Investments
in
Derivatives
:
Futures
contracts*
4,277
4,277
Total
$88,238,787
$37,891,309
$3,203
$126,133,299
Global
Equities
Long-Term
Investments
:
Corporate
bonds
$—
$14
$—
$14
Common
stocks
19,561,332
8,367,791
138
27,929,261
Rights/Warrants
838
838
Short-Term
Investments
:
Government
agency
debt
77,740
77,740
Repurchase
agreement
57,560
57,560
Treasury
debt
179,029
179,029
College
Retirement
Equities
Fund
March
31,
2024
322
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
18,652
18,652
Commercial
paper
2,000
2,000
Repurchase
agreement
155,000
155,000
Investments
in
Derivatives
:
Futures
contracts*
4,382
4,382
Total
$19,565,714
$8,858,624
$138
$28,424,476
Growth
Long-Term
Investments
:
Common
stocks
$36,714,992
$1,195,977
$—
$37,910,969
Short-Term
Investments
:
Government
agency
debt
4,979
4,979
Repurchase
agreement
67,300
67,300
Treasury
debt
32,363
32,363
Investments
purchased
with
collateral
from
securities
lending
19,318
19,318
Total
$36,734,310
$1,300,619
$—
$38,034,929
Equity
Index
Long-Term
Investments
:
Common
stocks
$24,196,519
$—
$157
$24,196,676
Rights/Warrants
3
3
Short-Term
Investments
:
Government
agency
debt
13,891
13,891
Repurchase
agreement
82,530
82,530
Treasury
debt
29,872
29,872
Investments
purchased
with
collateral
from
securities
lending
91,144
91,144
Investments
in
Derivatives
:
Futures
contracts*
1,332
1,332
Total
$24,288,995
$126,293
$160
$24,415,448
Core
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$38,531
$—
$38,531
Corporate
bonds
3,419,905
450
3,420,355
Government
bonds
5,291,778
5,291,778
Structured
assets
1,691,423
1,691,423
Preferred
stocks
4,576
4,576
Short-Term
Investments
:
Commercial
paper
3,929
3,929
Government
agency
debt
2,490
2,490
Repurchase
agreement
72,400
72,400
Treasury
debt
42,191
42,191
Investments
purchased
with
collateral
from
securities
lending
21,589
21,589
Investments
in
Derivatives
:
Futures
contracts*
1,761
1,761
Forward
foreign
currency
contracts*
4,202
4,202
Credit
default
swap
contracts*
(954)
(954)
Total
$27,926
$10,565,895
$450
$10,594,271
Inflation-Linked
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$29,619
$—
$29,619
Corporate
bonds
176,063
176,063
Government
bonds
6,412,760
6,412,760
Structured
assets
256,783
2,566
259,349
Common
stocks
10,062
10,062
Short-Term
Investments
:
Repurchase
agreement
44,340
44,340
Investments
purchased
with
collateral
from
securities
lending
1,535
1,535
Investments
in
Derivatives
:
Futures
contracts*
1,436
1,436
Total
$13,033
$6,919,565
$2,566
$6,935,164
323
Account
Level
1
Level
2
Level
3
Total
Social
Choice
Long-Term
Investments
:
Bank
loan
obligations
$—
$29,924
$58
$29,982
Corporate
bonds
2,429,495
2,429,495
Government
bonds
5,229,608
1
5,229,609
Structured
assets
828,815
2,226
831,041
Common
stocks
9,582,929
3,476,121
13,059,050
Preferred
stocks
32,904
32,904
Rights/Warrants
1
1
Short-Term
Investments
:
Municipal
bonds
5,750
5,750
Repurchase
agreement
43,910
43,910
Treasury
debt
12,430
12,430
Investments
purchased
with
collateral
from
securities
lending
194,805
194,805
Investments
in
Derivatives
:
Forward
foreign
currency
contracts*
297
297
Total
$9,810,638
$12,056,350
$2,286
$21,869,274
*
Represents
net
unrealized
appreciation
(depreciation).
A10944-B
(5/24)