11-K

11-K 1 d840663d11k.htm 11-K 11-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 11-K

☒	ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2023

☐	TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Transition Period From to

Commission File Number 001-37845

A.	Full title of the plan and the address of the plan, if different from that of the issuer named below:

MICROSOFT CORPORATION SAVINGS PLUS 401(k) PLAN

B.	Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

Microsoft Corporation

One Microsoft Way

Redmond, Washington 98052-6399

REQUIRED INFORMATION

The Microsoft Corporation Savings Plus 401(k) Plan (the “Plan”) is subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). Therefore, in lieu of the required information outlined as Items 1-3 of the Form 11-K, the statements of net assets available for benefits as of December 31, 2023 and 2022 and the related statement of changes in net assets available for benefits for the year ended December 31, 2023, which have been prepared in accordance with the financial reporting requirements of ERISA, are attached hereto as Appendix 1 and incorporated herein by this reference.

SIGNATURES

The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.


				Microsoft Corporation Savings Plus 401(k) Plan

Date: June 25, 2024				/s/ DANIEL GOFF
				Daniel Goff
				Member of 401(k) Administrative Committee

Date: June 25, 2024				/s/ ANITA MEHRA
				Anita Mehra
				Member of 401(k) Administrative Committee

Date: June 25, 2024				/s/ FRED THIELE
				Fred Thiele
				Member of 401(k) Administrative Committee

APPENDIX 1

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM;

FINANCIAL STATEMENTS AS OF DECEMBER 31, 2023 AND 2022 AND FOR THE YEAR ENDED DECEMBER 31, 2023;

NOTES TO FINANCIAL STATEMENTS; AND

SUPPLEMENTAL SCHEDULES AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2023

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

TABLE OF CONTENTS


	Page

Report of Independent Registered Public Accounting Firm		1

Financial Statements:

Statements of Net Assets Available for Benefits as of December 31, 2023 and 2022		2

Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2023		3

Notes to Financial Statements		4

Supplemental Schedules:

Supplemental Schedule of Assets (Held at End of Year) as of December 31, 2023		11

Supplemental Schedule of Delinquent Participant Contributions for the Year Ended December 31, 2023		66

Exhibit:

Consent of Independent Registered Public Accounting Firm

NOTE:

All other schedules required by Section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under ERISA have been omitted because they are not applicable.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Plan Participants and Plan Administrator of the Microsoft Corporation Savings Plus 401(k) Plan

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for benefits of the Microsoft Corporation Savings Plus 401(k) Plan (the “Plan”) as of December 31, 2023 and 2022, the related statement of changes in net assets available for benefits for the year ended December 31, 2023, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2023 and 2022, and the changes in net assets available for benefits for the year ended December 31, 2023, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Report on Supplemental Schedules

The supplemental schedules of assets (held at end of year) as of December 31, 2023 and delinquent participant contributions for the year ended December 31, 2023 have been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental schedules are the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedules reconcile to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedules. In forming our opinion on the supplemental schedules, we evaluated whether the supplemental schedules, including their form and content, are presented in compliance with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, such schedules are fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ Deloitte & Touche LLP

Seattle, Washington

June 25, 2024

We have served as the auditor of the Plan since 1987.

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS


December 31,	2023		2022

ASSETS
Cash	$	9,294,980	$	8,857,659
Investments, at fair value		52,943,036,579		39,323,107,029
Receivables:
Participant loans		236,839,722		219,986,462
Other receivables		36,682,148		50,716,489

Total receivables		273,521,870		270,702,951

Total assets		53,225,853,429		39,602,667,639

LIABILITIES
Operating payables		6,741,548		5,691,889
Other payables		12,185,093		10,919,183

Total liabilities		18,926,641		16,611,072

NET ASSETS AVAILABLE FOR BENEFITS	$	53,206,926,788	$	39,586,056,567

Refer to accompanying notes.

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS


Year Ended December 31,	2023

ADDITIONS
Net investment income:
Interest and dividends	$	304,011,436
Net increase in fair value of investments		10,600,843,971

Net investment income		10,904,855,407


Contributions:
Participant contributions		2,799,228,001
Rollover contributions		279,873,562
Employer contributions		1,104,421,787

Total contributions		4,183,523,350

Total additions		15,088,378,757

DEDUCTIONS
Benefits paid to participants		2,187,075,298

NET INCREASE IN NET ASSETS BEFORE TRANSFERS		12,901,303,459
Transfers in		719,566,762

NET INCREASE IN NET ASSETS AVAILABLE FOR BENEFITS		13,620,870,221

NET ASSETS AVAILABLE FOR BENEFITS
Beginning of year		39,586,056,567

End of year	$	53,206,926,788

Refer to accompanying notes.

NOTES TO FINANCIAL STATEMENTS

NOTE 1 — DESCRIPTION OF THE PLAN AND ACCOUNTING POLICIES

Plan Description

The Microsoft Corporation Savings Plus 401(k) Plan (the “Plan”), a defined contribution plan, is sponsored by Microsoft Corporation (the “Company” or “Microsoft”). Participating employers included in the Plan are Microsoft Corporation; MOL Corporation; Vexcel Corporation; Microsoft Online, Inc.; Undead Labs; LinkedIn Corporation; GitHub, Inc.; inXile Entertainment, Inc. (“inXile”); Double Fine Productions (“Double Fine”) (effective December 8, 2022); Obsidian Entertainment, Inc. (“Obsidian”) (effective January 1, 2024); and ZeniMax Media Inc. (“ZeniMax”) (effective March 20, 2024). These entities represent Microsoft or wholly owned subsidiaries of Microsoft. The Plan year is January 1 through December 31. The Plan is administered by the 401(k) Administrative Committee (the “Plan Administrator”) and subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). Fidelity Management Trust Company (“Fidelity”) is the trustee and third-party administrator for the Plan. The information below summarizes certain aspects of the Plan as in effect during 2023, and is intended to be a summary only. Plan participants should refer to the Summary Plan Description for more complete information.

Accounting Principles

The financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

Eligibility

Regular and retail services employees of participating employers who are on U.S. payroll and have reached age 18 may enroll in the Plan at any time.

Eligible Compensation

Eligible compensation includes wages, salary, bonuses, commissions, and overtime. Compensation does not include, for example, items such as amounts earned with respect to any equity-based compensation plan, program, grant, award, or benefit, reimbursements or other expense allowances, fringe benefits (cash and noncash), moving expenses, deferred compensation, welfare plan benefits including health or life insurance, severance plan payments, unused accrued vacation payments, or bonuses or expense allowances which are not based upon performance as an employee.

Contributions

Participant Contributions

Participants may contribute to the Plan on a pre-tax and/or Roth basis using eligible compensation each pay period, subject to statutory and regulatory limitations. Participants reaching age 50 or older by the end of the Plan year may also make additional catch-up contributions to the Plan on a pre-tax and/or Roth basis. During 2023, the maximum annual 401(k) pre-tax and Roth contribution limit was $22,500, and the maximum annual catch-up contribution to the Plan was $7,500. Additionally, participants could contribute up to $32,250 for 2023 on an after-tax basis. A participant’s aggregate contribution election (combined pre-tax, Roth, pre-tax catch-up, Roth catch-up, and after-tax) may not exceed 65 percent of his or her eligible compensation per pay period. Participants may elect to suspend or reinstate their contributions at any time. The Plan is required to return contributions received during the Plan year in excess of such limits.

Participants may also choose to make rollover contributions to the Plan of amounts received from an eligible employer plan maintained by another company, including direct rollovers from such plans. Participants may also make rollover contributions to the plan from an individual retirement account (“IRA”) or annuity described in Internal Revenue Code (“IRC”) Section 408(a), 408(b), 408(k), or 408(p) that is eligible to be rolled over and would otherwise be includible in gross income.

Participant contributions are recorded when withheld.

Employer Contributions

The Company and all other participating employers excluding inXile and Double Fine provide participants with a matching contribution on eligible pre-tax and/or Roth contributions of $0.50 for every $1.00 contributed. For inXile and Double Fine, the participating employer provides participants with a matching contribution on eligible pre-tax and/or Roth contributions of $0.25 for every $1.00 contributed. The matching contribution is provided for up to 50 percent, or 25 percent for inXile and Double Fine, of the maximum annual 401(k) pre-tax and Roth Internal Revenue Service (“IRS”) contribution limit (not including catch-up contributions). Participants do not receive a match on after-tax contributions.

Employer matching contributions are recorded when participant contributions are withheld.

Transfers

Obsidian was acquired by the Company in 2019 and the Obsidian Entertainment 401(k) Plan assets in the amount of $39,817,653 merged into the Plan in December 2023. Nuance Communications, Inc. was acquired by the Company in 2022 and the Nuance Communications, Inc. 401(k) Plan assets in the amount of $679,749,109 merged into the Plan in September 2023. The merged amounts are included as transfers in on the statement of changes in net assets available for benefits for the year ended December 31, 2023.

Employee Stock Ownership Plan Feature

The Plan includes an Employee Stock Ownership Plan (“ESOP”) feature for the portion of the Plan designed to invest primarily in Microsoft Common Stock. The ESOP feature allows participants to either reinvest their cash dividends earned on Microsoft Common Stock or receive those dividends in cash. Amounts invested in Microsoft Common Stock are treated as being held through the ESOP, provided that at the time such amounts were received by the Plan (e.g., through contributions or transfers), the participants whose Plan accounts received such assets were employed by Microsoft or a corporation that is part of the same controlled group of corporations as Microsoft.

Participants who are not employed by an employer established as a corporation that is part of the same controlled group of corporations as Microsoft may not participate in the ESOP, but may have their Plan accounts invested in Microsoft Common Stock to the same extent as other participants. However, such participants that are not eligible to participate in the ESOP feature are not eligible to receive dividends on Microsoft Common Stock in cash paid directly to them. Instead, dividends paid on amounts they have invested in Microsoft Common Stock will automatically be reinvested in Microsoft Common Stock.

Effective January 1, 2016, the investment of new contributions or transfer of existing account holdings into Microsoft Common Stock within the Plan was discontinued. Participant accounts with existing Microsoft Common Stock can retain those holdings, and dividends on Microsoft Common Stock can continue to be reinvested or received in cash.

Participant Accounts

Each participant’s account is credited with (a) participant contributions and employer contributions, and (b) the allocation of investment earnings, gains and losses, and expenses, based on participant earnings or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account. All amounts in participant accounts are participant-directed. Participants may invest in various instruments including mutual funds, common collective trusts, and separately managed accounts. Participants also have the option to direct their investments through a brokerage account.

Vesting

Participants are fully vested in Plan accounts at all times.

Distributions

Active participants may take a withdrawal from the Plan in the event of a financial hardship. A hardship withdrawal is limited to the amount necessary to meet the participant’s immediate financial need. Hardship withdrawals are further limited to contributions, and earnings thereon, to participants’ pre-tax, pre-tax catch-up, Roth, and Roth catch-up accounts.

Active participants may also generally take a withdrawal at any time from their rollover and after-tax accounts within the Plan. After reaching age 59¹⁄₂, active participants may withdraw all, or any portion, of the balance in their accounts. Distributions, in full or any portion, may also occur if the participant terminates employment, retires, becomes permanently disabled, or dies. Distributions of investments in Microsoft Common Stock may be taken in the form of Microsoft Common Stock or cash. Distributions may be made in installments.

Participants may also withdraw all, or any portion, of their pre-tax and Roth contributions during a leave of absence to perform qualified military service of at least 30 days, subject to a six-month suspension on future non-rollover contributions to the Plan, or if they elect a qualified reservist distribution. The distribution generally must be made in a single lump sum cash payment, except that distributions of investments in Microsoft Common Stock may be taken in the form of Microsoft Common Stock or cash.

In-Plan Roth Conversions

Active and terminated participants may convert any Plan balances (other than outstanding loans) to a Roth account within the Plan.

Administrative Expenses

Plan administrative expenses are paid by the Company to the extent not paid or offset by the Plan. Participants are responsible for fees associated with certain transactions or services they utilize, such as loan originations and maintenance, domestic relations order qualifications, dividend check processing, overnight check fees, and professional management service fees. Participants also pay commission charges to Fidelity for buying and selling Microsoft Common Stock within the Plan.

Plan Amendment and Termination

The Company has the right to amend or terminate the Plan. If the Plan is terminated, all account balances will be distributed in the form and manner determined by the Plan Administrator.

Risks and Uncertainties

The Plan utilizes various investment instruments, including common stock, mutual funds, common collective trusts, and separately managed accounts. Investment securities, in general, are exposed to various risks, such as interest rate risk, credit risk, and overall market volatility. Due to the level of risk associated with certain investment securities, including systemic market disruptions and geopolitical events, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the financial statements.

Estimates and Assumptions

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein. Actual results and outcomes may differ from management’s estimates and assumptions due to risks and uncertainties. The Plan has no contingent assets or liabilities for any periods presented in these financial statements.

Valuation of Investments and Income (Loss) Recognition

Investments are recorded at fair value. Security transactions are accounted for as of the trade date. Dividend income is recorded on the ex-dividend date, and interest income is recorded as earned. Net increase (decrease) in fair value of investments includes the Plan’s gains and losses on investments bought, sold, and held during the year.

Participant Loans

Participant loans are measured at their unpaid principal balance plus any accrued but unpaid interest, and participant loans deemed distributed due to default are included in benefits paid to participants on the statement of changes in net assets available for benefits.

Receivables and Payables

As of December 31, 2023 and 2022, operating payables primarily consisted of accrued investment management expenses for the separately managed accounts. Other receivables and payables primarily consisted of unsettled trades. Other receivables also included accrued interest.

NOTE 2 — FINANCIAL INSTRUMENTS

The Plan accounts for certain assets and liabilities at fair value. The hierarchy below lists three levels of fair value based on the extent to which inputs used in measuring fair value are observable in the market. The Plan categorizes each of its fair value measurements in one of these three levels based on the lowest level input that is significant to the fair value measurement in its entirety. These levels are:

•

Level 1—inputs are based upon unadjusted quoted prices for identical instruments in active markets. The Plan’s Level 1 non-derivative investments primarily include domestic and international equities, mutual funds, and U.S. government securities. The Plan’s Level 1 derivative assets include those actively traded on exchanges.

•

Level 2—inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. the Black-Scholes model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs including interest rate curves, credit spreads, foreign exchange rates, and forward and spot prices for currencies and commodities. The Plan’s Level 2 non-derivative investments consist primarily of mutual funds in the Plan’s separately managed accounts. These mutual funds are registered under the Investment Company Act of 1940 but are not registered under the Securities Act of 1933 and the prices are made available directly from the investment manager. The Plan’s Level 2 derivative assets and liabilities primarily include certain over-the-counter option and currency contracts.

•

Level 3—inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques, including option pricing models and discounted cash flow models. As of December 31, 2023 and 2022, the Plan did not hold any financial instruments categorized as Level 3.

Mutual funds are valued at the closing price as reported by the fund. Common stocks are valued at the closing price reported on the active markets on which the individual securities are traded. Brokerage account holdings include a variety of common stocks and mutual funds.

Common collective trusts are valued using the Net Asset Value (“NAV”) as a practical expedient and are not categorized in the fair value hierarchy. NAV is provided by the fund’s issuer and is based on the fair value of the underlying investments held by the fund less its liabilities. In the event the Plan were to initiate a full redemption of a common collective trust, the fund’s issuer reserves the right to temporarily delay withdrawal from the common collective trust in order to ensure that securities liquidations will be carried out in an orderly business manner. The common collective trusts have no unfunded commitments, other redemption restrictions, or redemption notice periods. The underlying portfolios of the common collective trusts are comprised of a mix of stocks, bonds, commodities, and cash.

Two of the common collective trusts, the State Street Short Term Investment Fund (“Fid Bank Trust St Inv Fund”) and the State Street Government Short Term Investment Fund (“SSBK Govt STIF Fund”), do not file as direct filing entities with the Department of Labor. The investment strategy of both of these funds is to provide safety of principal, daily liquidity, and a competitive yield over the long term. The Fid Bank Trust St Inv Fund invests primarily in short-term instruments such as certificates of deposit and commercial paper. The SSBK Govt STIF Fund invests primarily in repurchase agreements and U.S. Treasury obligations.

Financial Instruments Measured at Fair Value


December 31, 2023	Level 1		Level 2		Total

Mutual funds	$	7,148,750,361	$	0	$	7,148,750,361
Microsoft Common Stock		4,854,442,186		0		4,854,442,186
Separately managed accounts:
Publicly-traded stock		5,229,415,403		0		5,229,415,403
Mutual funds		0		1,458,233,152		1,458,233,152
Other		0		43,278,856		43,278,856
Brokerage accounts		3,498,485,644		104,141,518		3,602,627,162

Total	$	20,731,093,594	$	1,605,653,526		22,336,747,120
Common collective trusts measured at NAV						30,188,379,133
Separately managed accounts:
Common collective trusts measured at NAV						417,910,326

Total Investments					$	52,943,036,579


December 31, 2022	Level 1		Level 2		Total

Mutual funds	$	790,021,607	$	0	$	790,021,607
Microsoft Common Stock		3,272,302,023		0		3,272,302,023
Separately managed accounts:
Publicly-traded stock		4,221,176,485		0		4,221,176,485
Mutual funds		0		1,220,772,677		1,220,772,677
Other		0		58,612,749		58,612,749
Brokerage accounts		2,395,711,773		56,959,708		2,452,671,481

Total	$	10,679,211,888	$	1,336,345,134		12,015,557,022

Common collective trusts measured at NAV						26,885,468,752
Separately managed accounts:
Common collective trusts measured at NAV						422,081,255

Total Investments					$	39,323,107,029

NOTE 3 — DERIVATIVES

Investment managers acting under the Plan use derivative instruments to manage risks related to foreign currencies and interest rates, to enhance investment returns for the Plan, and to facilitate Plan portfolio diversification. The Plan’s derivatives consisted of over-the-counter foreign exchange forward contracts and exchange-traded futures contracts, as well as put and call options, for which no hedge accounting treatment is applied. The related notional amounts, gross fair values, and amounts recognized in earnings were immaterial as of December 31, 2023 and 2022 and for the year ended December 31, 2023. These derivative instruments are primarily a component of the “Other” caption of separately managed accounts in Note 2 – Financial Instruments.

NOTE 4 — PARTICIPANT LOANS

Participant loans are available in $100 increments ranging from $1,000 to $50,000. The maximum loan amount is the lesser of (a) 50 percent of the vested account balance, reduced by the current outstanding balance of all other loans from the Plan; or (b) $50,000, reduced by: (1) the current outstanding balance of all other loans from the Plan, and (2) the excess (if any) of all Plan loans during the previous 12 months over the current outstanding balance of Plan loans. When determining the maximum loan amount available under the Plan, outstanding loan balances under any subsidiary and affiliate Microsoft retirement plans are considered in conjunction with the Plan. Participants are limited to two loans – one Primary Residence Loan and one General Loan. The term of a Primary Residence Loan may not exceed 15 years (or 30 years for certain acquired legacy loans) or be less than 12 months. The term of a General Loan may not exceed five years (or 15 years for certain acquired legacy loans) or be less than 12 months.

The interest rate for participant loans is one percent plus the prime rate on corporate loans. The range of interest rates for outstanding Primary Residence Loans as of December 31, 2023 was 3.25 percent to 10.00 percent, maturing at various dates through October 2046. The range of interest rates for outstanding General Loans as of December 31, 2023 was 4.25 percent to 9.50 percent, maturing at various dates through January 2029.

Loan repayments are made through after-tax payroll deductions. Terminated employees generally have 60 days to elect to continue to make loan repayments or pay off the loan in full. Failure of the terminated employee to set up monthly electronic loan payments or pay off the loan in full during this 60-day window generally results in a default of the loan, which is taxable income to the participant, with a possible 10 percent early withdrawal penalty. Terminated employees who roll over their Plan account balance to an IRA, Roth IRA, or other employer plan during this 60-day window may avoid such taxable income and 10 percent early withdrawal penalty if they pay off the outstanding loan balance to the rollover recipient IRA custodian or employer plan by the due date (including extensions) for filing their federal income tax return for the year in which the rollover occurred.

NOTE 5 — TAX STATUS

The IRS has determined and informed the Plan, by a letter dated October 7, 2022, that the Plan is qualified as a tax-exempt plan under the appropriate sections of the IRC. The determination letter covered Plan amendments adopted from December 19, 2013 through December 15, 2021, and the trust agreement with Fidelity adopted on July 19, 2013. The Plan has been amended since the last date that was covered by the determination letter; however, the Plan Administrator believes that the Plan is currently designed and operated in compliance with the applicable requirements of the IRC. Therefore, the Plan is tax-exempt as of the financial statement date and no provision for income taxes has been recorded in the financial statements.

NOTE 6 — PARTY-IN-INTEREST TRANSACTIONS

Exempt Party-In-Interest Transactions

Plan investments include common collective trusts that are managed by affiliates of Fidelity; therefore, these transactions qualify as party-in-interest transactions. Fees paid for investment management services were included as a reduction of the return earned on each fund.

Transactions in Microsoft Common Stock also qualify as party-in-interest transactions. As of December 31, 2023 and 2022, the Plan held 12,909,377 shares of Microsoft Common Stock valued at $4,854,442,186 and 13,644,825 shares of Microsoft Common Stock valued at $3,272,302,023, respectively. During the year ended December 31, 2023, the Plan recorded Microsoft Common Stock dividend income of $37,025,454.

Participant loans, which are secured by the vested balances in the participants’ accounts, also qualify as party-in-interest transactions.

Nonexempt Party-In-Interest Transactions

There were two instances in 2022 when the Plan, due to administrative errors, remitted some participants’ contributions to Fidelity later than required under Department of Labor Regulation Sec. 2510.3-102. Both late remittances were promptly discovered, funded, and self-corrected, and were timely reported on IRS Form 5330, with payment of applicable excise taxes. The impacted participant accounts were credited by an amount representing investment income that would have been earned had the participant contributions been remitted on a timely basis. The aggregate amount of late contributions in 2022 totaled $209,867, of which $173,583 were remediated in 2022 and $36,284 were remediated in 2023, resulting in credits to participant accounts of $27 in 2023. There were no late contributions in 2023.

NOTE 7 — RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500

The following is a reconciliation of net assets available for benefits per the financial statements to net assets per the Form 5500:


December 31,	2023			2022

Net assets available for benefits per the financial statements	$	53,206,926,788		$	39,586,056,567
Benefits payable		(3,981,977	)		(1,357,055	)

Net assets per the Form 5500	$	53,202,944,811		$	39,584,699,512

The following is a reconciliation of benefits paid to participants per the financial statements to the Form 5500:


Year Ended December 31,	2023

Benefits paid to participants per the financial statements	$	2,187,075,298
Increase in benefits payable at year end		2,624,922

Benefits paid to participants per the Form 5500	$	2,189,700,220

Benefits payable are recorded on the Form 5500 for payments to participants who requested and were approved payment by December 31, but had not been paid as of that date.

NOTE 8 — SUBSEQUENT EVENTS

ZeniMax was acquired by the Company in 2021 and the ZeniMax 401(k) Savings Plan assets were merged into the Plan in March 2024. The total amount of assets transferred into the Plan due to this merger was $234,001,569. ZeniMax became a participating employer in the Plan effective March 20, 2024.

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023

Identity of Issue, Borrower, Lessor, or Similar Party

Shares or Units

Cost *

Current Value

BROKERAGE ACCOUNTS

BrokerageLink *

3,602,627,162

COMMON COLLECTIVE TRUSTS

BlackRock LifePath Index 2025 Unitized Account M

16,508,228

179,170,402

BlackRock LifePath Index 2030 Unitized Account M

174,865,256

1,928,396,559

BlackRock LifePath Index 2035 Unitized Account M

47,692,400

533,615,954

BlackRock LifePath Index 2040 Unitized Account M

328,817,973

3,731,163,303

BlackRock LifePath Index 2045 Unitized Account M

74,613,234

857,604,507

BlackRock LifePath Index 2050 Unitized Account M

357,757,058

4,145,724,560

BlackRock LifePath Index 2055 Unitized Account M

92,515,691

1,074,606,754

BlackRock LifePath Index 2060 Unitized Account M

131,625,576

1,529,081,153

BlackRock LifePath Index 2065 Unitized Account M

24,641,872

286,375,521

BlackRock LifePath Index Retirement Unitized Account M

52,843,414

570,465,791

BlackRock Short-term Investment Fund

999,345,283

Fidelity Contrafund Pool Class S **

97,593,873

3,301,600,740

Fidelity Growth Company Pool Class S **

100,764,181

5,220,592,236

PIMCO Inflation Response CIT Class I

9,665,289

96,942,846

Vanguard Russell 1000 Growth Index Trust

7,102,720

2,601,229,324

Vanguard Russell 1000 Value Index Trust

8,027,613

1,774,263,122

Vanguard Russell 2000 Growth Index Trust

6,555,025

1,358,201,078

EMPLOYER STOCK

Microsoft Common Stock **

12,909,377

4,854,442,186

MUTUAL FUNDS

PIMCO All Asset All Authority Fund Institutional Class

4,363,235

28,317,398

Vanguard 500 Index Institutional Select Shares

27,664,308

6,451,869,820

Vanguard Short-Term Bond Index Fund Institutional Plus Shares

66,194,371

668,563,143

SEPARATELY MANAGED ACCOUNTS

Artisan Mid Cap Account

Currency

DANISH KRONE

1,691

250

EURO MONETARY UNIT.

328

363

SWISS FRANC

Publicly-traded Common Stock

ARGENX SE SPONSORED ADR

148,474

56,483,964

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
ARISTA NETWORKS INC		138,170			32,540,417
ARTHUR J GALLAGHAR AND CO		125,122			28,137,435
ASCENDIS PHARMA AS SPON ADR		436,042			54,919,490
ATLASSIAN CORP PLC CLS A		322,488			76,706,996
BENTLEY SYS INC CL B		513,622			26,800,796
BJS WHSL CLUB HLDGS INC		220,781			14,717,261
CELSIUS HOLDINGS INC		271,990			14,828,895
CERIDIAN HCM HLDG INC		447,545			30,039,220
CHIPOTLE MEXICAN GRILL INC		31,602			72,272,510
COSTAR GROUP INC		315,138			27,539,910
DATADOG INC CL A		215,858			26,200,844
DECKERS OUTDOOR CORP		22,521			15,053,712
DEXCOM INC		445,692			55,305,920
DOMINOS PIZZA INC		42,445			17,497,102
EQUIFAX INC		68,731			16,996,489
ETSY INC		175,999			14,264,719
EXACT SCIENCES CORP		488,030			36,104,459
FIVE BELOW INC		126,052			26,869,244
FORTIVE CORP		474,130			34,910,192
GERRESHEIMER AG		274,961			28,639,300
GLOBAL PAYMENTS INC		239,797			30,454,219
HALOZYME THERAPEUTICS INC		320,647			11,273,280
HUBBELL INC		71,758			23,603,359
HUBSPOT INC		90,948			52,798,952
INGERSOLL RAND INC		696,107			53,836,915
IRHYTHM TECHNOLOGIES INC		206,666			22,121,529
JABIL INC		196,261			25,003,651
KEYSIGHT TECHNOLOGIES INC		102,793			16,353,338
LATTICE SEMICONDUCTOR CORP		924,886			63,807,885
LIBERTY MEDIA CORP LIBERTY FORMULA ONE CL C		197,527			12,469,880
LIVE NATION ENTERTAINMENT INC		297,059			27,804,722
LULULEMON ATHLETICA INC		40,129			20,517,556
MARKETAXESS HLDGS INC		35,697			10,453,866
MONOLITHIC POWER SYS INC		68,858			43,434,249
MSCI INC		34,296			19,399,532
NU HOLDINGS LTD/CAYMAN ISLANDS		1,343,679			11,192,846
NVR INC		1,963			13,741,883
ON SEMICONDUCTOR CORP		429,699			35,892,757
POOL CORP		42,573			16,974,281
QUANTA SVCS INC		142,670			30,788,186

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
REPLIGEN		162,751			29,262,630
ROBLOX CORP		508,937			23,268,600
ROCKWELL AUTOMATION INC		32,412			10,063,278
RYAN SPECIALTY HOLDINGS INC		289,250			12,443,535
SAIA INC		87,175			38,201,829
SHOCKWAVE MEDICAL INC		125,053			23,830,100
SHOPIFY INC CL A		438,649			34,170,757
SPOTIFY TECHNOLOGY SA		181,262			34,060,942
SYNOPSYS INC		89,755			46,215,747
TAKE-TWO INTERACTV SOFTWR INC		111,391			17,928,381
TRADEWEB MARKETS INC A		351,791			31,970,766
TREX CO INC		410,970			34,024,206
TWIST BIOSCIENCE CORP		245,262			9,040,357
TYLER TECHNOLOGIES INC		91,150			38,111,638
VEEVA SYS INC CL A		270,549			52,086,093
VERISK ANALYTICS INC		89,869			21,466,109
WESCO INTERNATIONAL INC		104,480			18,166,982
WEST PHARMACEUTICAL SVCS INC		154,447			54,383,878
WINGSTOP INC		58,191			14,930,647
XYLEM INC		81,532			10,298,690
ZSCALER INC		94,814			21,006,990
Common Collective Trusts
SSBK GOVT STIF FUND		26,876,862			26,876,862

Artisan Mid Cap Account Total					1,850,561,392

SMID Cap Value Account
Publicly-traded Common Stock
1 800 FLOWERS.COM INC CL A		15,969			172,146
1STDIBS.COM INC		7,648			35,793
23ANDME HOLDING CO CL A		19,171			17,513
2SEVENTY BIO INC-W/I		1,040			4,441
2U INC		10,474			12,883
3D SYSTEMS CORP DEL		42,700			271,145
AADI BIOSCIENCES INC		4,977			10,054
AAR CORP		13,561			846,206
AARON’S CO INC/THE		13,431			146,129
ABERCROMBIE & FITCH CO CL A		22,073			1,947,280
ABM INDUSTRIES INC		19,840			889,427
ABSCI CORP		7,135			29,967
ACACIA RESEARCH—ACACIA TECH		2,978			11,674

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
ACADEMY SPORTS & OUTDOORS INC		27,587			1,820,742
ACADIA HEALTHCARE CO INC		5,200			404,352
ACCO BRANDS CORP		43,876			266,766
ACCOLADE INC		14,307			171,827
ACI WORLDWIDE INC		47,926			1,466,536
ACME UNITED CORP		770			33,002
ACNB CORPORATION		2,411			107,916
ACUMEN PHARMACEUTICALS INC		2,248			8,632
ADA-ES INC		6,360			18,953
ADAMS RESOURCES AND ENERGY INC		164			4,294
ADAPTHEALTH CORP		16,506			120,329
ADDUS HOMECARE CORP		7,629			708,353
ADICET BIO INC		13,770			26,025
ADIENT PLC		29,894			1,086,946
ADT INC		211,896			1,445,131
ADTALEM GLOBAL EDUCATION INC		64,763			3,817,779
ADVANSIX INC		12,116			362,995
ADVANTAGE SOLUTIONS INC A		20,838			75,434
AERSALE CORP		9,128			115,880
AFFILIATED MANAGERS GRP INC		31,986			4,843,320
AGCO CORP		10,499			1,274,684
AGILITI INC		17,677			140,002
AGIOS PHARMACEUTICALS INC		25,888			576,526
AIR LEASE CORP CL A		35,005			1,468,110
AIR TRANSPORT SERVICES GROUP		30,943			544,906
AIRGAIN INC		1,538			5,475
ALAMO GROUP INC		5,229			1,099,084
ALASKA AIR GROUP INC		35,423			1,383,977
ALBANY INTERNATIONAL CORP CL A		2,371			232,880
ALCOA CORP		49,940			1,697,960
ALERUS FINANCIAL CORP		5,184			116,070
ALEXION PHARMACEUTICALS INC (CVR) RT		65,534			1
ALICO INC		3,302			96,022
ALIGHT INC CL A		50,246			428,598
ALLAKOS INC		24,773			67,630
ALLEGIANT TRAVEL CO		5,679			469,142
ALLIENT INC		7,045			212,829
ALLOGENE THERAPEUTICS INC		9,944			31,920
ALLY FINANCIAL INC		44,785			1,563,892
ALPHA & OMEGA SEMICNDTR LTD		12,664			330,024

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
ALPHA METALLURGICAL RESOURCES INC		4,699			1,592,585
ALPINE IMMUNE SCIENCES INC		1,560			29,734
ALTA EQUIPMENT GROUP INC		5,214			64,497
ALTO INGREDIENTS INC		30,426			80,933
ALX ONCOLOGY HOLDINGS INC		2,568			38,238
AMALGAMATED FINANCIAL CORP		11,305			304,557
A-MARK PRECIOUS METALS INC		10,539			318,805
AMBAC FINANCIAL GROUP INC		18,745			308,918
AMC NETWORKS INC CL A		12,876			241,940
AMEDISYS INC		5,089			483,760
AMERANT BANCORP INC		10,625			261,056
AMERESCO INC-CL A		3,072			97,290
AMERICAN AXLE & MFG HLDGS INC		53,803			474,004
AMERICAN EAGLE OUTFITTERS INC		69,940			1,479,930
AMERICAN EQY INVT LIFE HLD CO		31,374			1,750,669
AMERICAN NATL BANKSHARES INC		4,418			215,378
AMERICAN OUTDOOR BRANDS INC		5,171			43,436
AMERICAN PUBLIC EDUCATION INC		8,461			81,649
AMERICAN SOFTWARE INC CL A		2,593			29,301
AMERICAN SUPERCONDUCTOR CORP		13,509			150,490
AMERICAN VANGUARD CORP		13,041			143,060
AMERICAN WELL CORP		25,823			38,476
AMERICAN WOODMARK		7,181			666,756
AMERICAS CAR MART INC		2,878			218,066
AMERIS BANCORP		24,144			1,280,839
AMES NATIONAL CORP		3,853			82,223
AMKOR TECHNOLOGY INC		87,927			2,925,331
AMMO INC		12,750			26,775
AMNEAL PHARMACEUTICALS INC		24,831			150,724
AMPCO-PITTSBURG CORP		4,928			13,453
AMPLIFY ENERGY CORP NEW		7,394			43,846
AMTECH SYSTEMS INC		5,802			24,368
ANDERSONS INC		14,607			840,487
ANGI INC		26,416			65,776
ANGIODYNAMICS INC		16,901			132,504
ANI PHARMACEUTICALS INC		3,997			220,395
ANIKA THERAPEUTICS INC		6,658			150,870
ANTERO MIDSTREAM CORP		26,033			326,193
ANTERO RES CORP		64,879			1,471,456
ANYWHERE REAL ESTATE INC		42,226			342,453

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
API GROUP CORP		6,065			209,849
APOGEE ENTERPRISES INC		8,944			477,699
APPLIED OPTOELECTRONICS INC		1,108			21,407
ARC Document Solutions Inc		9,809			32,174
ARCBEST CORP		9,122			1,096,556
ARCH RESOURCES INC CL A		6,065			1,006,426
ARCHROCK INC		59,178			911,341
ARCOSA INC		50,459			4,169,932
ARCTURUS THERAPEUTICS HOLDINGS INC		4,657			146,835
ARCUS BIOSCIENCES INC		2,070			39,537
ARDMORE SHIPPING CORP		18,086			254,832
ARGAN INC		6,088			284,858
ARK RESTAURANTS CORP		298			4,217
ARMADA HOFFLER PROPERTIES INC		180,837			2,236,954
ARROW ELECTRONICS INC		23,923			2,924,587
ARROW FINANCIAL CORP		6,168			172,334
ARTIVION INC		8,199			146,598
ASBURY AUTOMOTIVE GROUP INC		4,928			1,108,652
ASCENT INDUSTRIES CO		1,300			12,428
ASGN INC		1,831			176,087
ASHLAND INC		17,735			1,495,238
ASPEN AEROGELS INC		3,542			55,893
ASPEN TECHNOLOGY INC		66			14,530
ASSETMARK FINANCIAL HOLDINGS INC		7,356			220,312
ASSOCIATED BANC CORP		56,125			1,200,514
ASSURED GUARANTY LTD		23,873			1,786,417
ASTEC INDUSTRIES INC		10,007			372,260
ASTRONICS CORP		10,947			190,697
ASTRONICS CORP CL B		1,109			19,341
ASURE SOFTWARE INC		9,241			87,974
ATHIRA PHARMA INC		11,266			27,376
ATLANTIC UN BANKSHARES CORP		27,960			1,021,658
ATLANTICUS HOLDINGS CORP		4,059			156,962
ATMOS ENERGY CORP		21,486			2,490,227
ATN INTERNATIONAL INC		7,576			295,237
ATYR PHARMA INC		10,213			14,400
AUTOLIV INC		993			109,419
AUTONATION INC		2,783			417,951
AVANOS MEDICAL INC		20,709			464,503
AVANTOR INC		139,977			3,195,675

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
AVERY DENNISON CORP		12,256			2,477,673
AVIAT NETWORKS INC		3,786			123,651
AVIDITY BIOSCIENCES		16,385			148,284
AVIENT CORP		22,148			920,692
AVNET INC		33,787			1,702,865
AWARE INC MASS		2,540			4,216
AXALTA COATING SYSTEMS LTD		97,144			3,299,982
AXIS CAPITAL HOLDINGS LTD		22,113			1,224,397
AXOS FINANCIAL INC		19,886			1,085,776
AXT INC		18,540			44,496
AZENTA INC		11,506			749,501
AZZ INC		6,898			400,705
B&G FOODS INC		4,762			50,001
BALLYS CORP		7,581			105,679
BANC OF CALIFORNIA INC		46,212			620,627
BANDWIDTH INC		9,672			139,954
BANK MARIN BANCORP		7,018			154,536
BANK OF NT BUTTERFIELD&SON LTD		5,096			163,123
BANK OZK		39,667			1,976,607
BANKFINANCIAL CORP		4,728			48,509
BANKUNITED INC		29,414			953,896
BANKWELL FINANCIAL GROUP INC		2,189			66,064
BANNER CORP		12,574			673,463
BAR HARBOR BANKSHARES		6,492			190,605
BARNES & NOBLE EDUCATION INC		19,319			28,785
BARNES GROUP INC		19,348			631,325
BASSETT FURNITURE INDS INC		4,591			76,211
BAYCOM CORP		5,268			124,272
BCB BANCORP INC		7,256			93,240
BEAZER HOMES USA INC		11,994			405,277
BEL FUSE INC NV CL B		4,487			299,597
BELDEN INC		2,275			175,744
BELLRING BRANDS INC		13,144			728,572
BENCHMARK ELECTRONICS INC		15,710			434,224
BERKSHIRE HILLS BANCORP INC		16,757			416,076
BERRY GLOBAL GROUP INC		21,657			1,459,465
BERRY PETROLEUM CORP		29,811			209,571
BEYOND INC		12,635			349,863
BGSF INC		3,387			31,838
BIG 5 SPORTING GOODS CORP		6,672			42,300

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
BIG LOTS INC		12,020			93,636
BIGLARI HLDGS INC CL A		16			12,703
BIGLARI HLDGS INC CL B		790			130,295
BIO RAD LABS CL A		2,368			807,871
BIOVENTUS INC		1,608			8,474
BJ’S RESTAURANTS INC		9,543			343,643
BLADE AIR MOBILITY INC		9,771			34,492
BLUE FOUNDRY BANCORP		10,593			102,434
BLUE RIDGE BANKSHARES INC		3,934			11,920
BLUEBIRD BIO INC		8,723			12,038
BLUELINX HOLDINGS INC		4,065			460,605
BM TECHNOLOGIES INC		962			1,972
BOISE CASCADE CO		13,625			1,762,530
BOK FINANCIAL COMMON NEW		44,921			3,847,484
BOOT BARN HOLDINGS INC		1,577			121,051
BORGWARNER INC		108,422			3,886,929
BOSTON OMAHA CORP		12,245			192,614
BOYD GAMING CORP		70,095			4,388,648
BRADY CORPORATION CL A		7,706			452,265
BREAD FINANCIAL HOLDINGS		18,987			625,432
BRIDGEWATER BANCSHARES INC		9,513			128,616
BRIGHTCOVE INC		11,569			29,964
BRIGHTHOUSE FINANCIAL INC		24,718			1,308,077
BRIGHTVIEW HOLDINGS INC		26,064			219,459
BRISTOW GROUP INC		9,615			271,816
BROADWIND INC		6,565			18,185
BROOKDALE SENIOR LIVING INC		83,451			485,685
BROOKFIELD RENEWABLE CORP		4,779			148,988
BROOKLINE BANCORP INC		36,685			400,233
BRUNSWICK CORP		38,898			3,763,382
BUMBLE INC CL A		21,005			309,614
BUSINESS FIRST BANCSHARES INC		7,323			180,512
BWX TECHNOLOGIES INC		47,286			3,628,255
BYLINE BANCORP INC		14,598			343,929
C & F FINANCIAL CORP		810			55,234
C N A FINANCIAL CORP		344			14,555
C T S CORP		7,275			318,209
C4 THERAPEUTICS INC		8,053			45,499
CABLE ONE INC		325			180,892
CACI INTERNATIONAL INC		1,683			545,056

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
CADELER A/S-SPON ADR		9,327			171,617
CADENCE BANK		204,794			6,059,854
CALAVO GROWERS INC		1,939			57,026
CALEDONIA MINING CORP		1,072			13,078
CALERES INC		11,443			351,643
CALIFORNIA RES CORP		20,946			1,145,327
CALLON PETROLEUM CO		22,426			726,602
CAL-MAINE FOODS INC		16,159			927,365
CAMBIUM NETWORKS CORP		1,160			6,960
CAMBRIDGE BANCORP		1,621			112,497
CAMDEN NATIONAL CORP		5,915			222,581
CANNAE HOLDINGS INC		3,721			72,597
CAPITAL BANCORP INC/MD		3,425			82,885
CAPITAL CITY BANK GROUP INC		6,511			191,619
CAPITOL FED FINL (2ND STEP CV)		56,266			362,916
CAPRI HOLDINGS LTD		11,001			552,690
CAPSTAR FINANCIAL HOLDINGS INC		10,157			190,342
CARDLYTICS INC		3,687			33,957
CAREDX INC		5,659			67,908
CARGURUS INC CL A		827			19,980
CARISMA THERAPEUTICS INC		3,828			11,216
CARLISLE COS INC		12,563			3,925,058
CARLYLE GROUP INC (THE)		117,989			4,800,972
CARPARTS COM INC		11,741			37,102
CARPENTER TECHNOLOGY CORP		19,029			1,347,253
CARRIAGE SERVICES INC		2,680			67,027
CARROLS RESTAURANT GROUP INC		19,107			150,563
CARS.COM INC		18,290			346,961
CARTER BANKSHARES INC		9,554			143,023
CASELLA WASTE SYS INC CL A		46,916			4,009,441
CASTLE BIOSCIENCES INC		6,403			138,177
CATALENT INC		5,987			268,996
CATHAY GENERAL BANCORP		23,768			1,059,340
CATO CORP CL A		8,312			59,348
CAVCO INDUSTRIES INC		2,529			876,602
CBIZ INC		4,824			301,934
CBRE GROUP INC—CL A		17,771			1,654,302
CECO ENVIRONMENTAL CORP		15,768			319,775
CENTRAL GARDEN & PET CO		4,317			216,325
CENTRAL GARDEN & PET CO CL A		14,120			621,845

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
CENTRAL PACIFIC FINANCIAL CORP		11,554			227,383
CENTRAL VALLEY CMNTY BANCORP		4,797			107,213
CENTURY ALUMINUM COMPANY		12,560			152,478
CENTURY CASINOS INC		12,884			62,874
CENTURY COMMUNITIES INC		12,029			1,096,323
CERENCE INC		13,419			263,818
CERTARA INC		3,449			60,668
CEVA INC		5,774			131,128
CHARLES RIVER LABS INTL INC		14,006			3,311,018
CHEFS WAREHOUSE INC		5,866			172,636
CHEGG INC		22,982			261,076
CHEMUNG FINANCIAL CORP		1,055			52,539
CHESAPEAKE ENERGY CORP		8,771			729,007
CHICAGO RIVET & MACHINE CO		149			2,530
CHICOS FAS INC		9,490			71,934
CHORD ENERGY CORP		4,780			794,579
CHUYS HOLDINGS INC		6,808			260,270
CITI TRENDS INC		4,101			115,976
CITIZENS & NORTHERN CORP		6,652			149,204
CIVEO CORP		5,747			131,319
CIVISTA BANCSHARES INC		6,814			125,650
CIVITAS RESOURCES INC		6,437			483,583
CLARIVATE PLC		51,412			476,075
CLARUS CORP		9,989			68,874
CLEAN ENERGY FUELS CORP		70,596			270,383
CLEAN HARBORS INC		14,073			2,455,879
CLEANSPARK INC		35,938			396,396
CLEARWATER PAPER CORP		7,426			268,227
CLEVELAND-CLIFFS INC		87,774			1,792,345
CLIMB GLOBAL SOLUTIONS INC		1,029			56,420
CNB FINANCIAL CORP PA		9,327			210,697
CNO FINANCIAL GROUP INC		1,902			53,066
CNX RESOURCES CORP		61,595			1,231,900
COASTAL FINANCIAL CORP/WA		1,652			73,365
CODEXIS INC		5,200			15,860
CODORUS VALLEY BANCORP INC		2,594			66,666
COEUR MINING INC		117,531			383,151
COHERENT CORP		16,362			712,238
COHU INC		15,073			533,433
COLONY BANKCORP INC		4,016			53,413

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
COLUMBIA BANKING SYSTEMS INC		141,960			3,787,493
COLUMBIA FINANCIAL INC		4,963			95,687
COLUMBUS MCKINNON CORP NY		11,833			461,724
COMERICA INC		27,105			1,512,730
COMMERCIAL METALS CO		37,215			1,862,239
COMMERCIAL VEHICLE GROUP INC		12,135			85,066
COMMUNITY BANK SYSTEMS INC		8,381			436,734
COMMUNITY HEALTH SYS INC NEW		4,956			15,512
COMMUNITY TRUST BANCORP INC		7,154			313,774
COMPASS MINERALS INTL INC		5,056			128,018
COMPUTER PROGRAMS & SYSTEM INC		3,804			42,605
COMSCORE INC		1,765			29,476
COMSTOCK RESOURCES INC		69,249			612,854
COMTECH TELECOMMUNICATIONS NEW		11,848			99,879
CONCENTRIX CORP		31,272			3,071,223
CONCRETE PUMPING HOLDINGS INC		14,990			122,918
CONDUENT INC		84,834			309,644
CONNECTONE BANCORP INC		16,111			369,103
CONNS INC		8,360			37,118
CONSOL ENERGY INC—W/I		10,784			1,084,116
CONSOLIDATED COMM HLDGS INC		28,123			122,335
CONSUMER PORTFOLIO SVCS INC		9,102			85,286
CONTAINER STORE GROUP INC		21,650			49,362
CONTEXTLOGIC INC		235			1,398
COOPER STANDARD HOLDING INC		4,502			87,969
COPA HOLDINGS SA CL A		2,767			294,160
CORE & MAIN INC		86,260			3,485,767
CORE MOLDING TECH INC		1,116			20,679
CORSAIR GAMING INC		5,914			83,387
COSTAMARE INC		44,020			458,248
COVENANT LOGISTICS GROUP INC		3,894			179,280
CPI AEROSTRUCTURES INC		1,488			4,062
CRESCENT ENERGY INC A		3,606			47,635
CROSS COUNTRY HEALTHCARE INC		10,969			248,338
CROSSFIRST BANKSHARES INC		21,185			287,692
CRYOPORT INC		3,975			61,573
CULLINAN ONCOLOGY INC		9,525			97,060
CULP INC		2,575			14,909
CUMULUS MEDIA INC		7,318			38,932
CURTISS WRIGHT CORPORATION		25,352			5,648,172

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
CUSHMAN & WAKEFIELD PLC		67,096			724,637
CUSTOM TRUCK ONE SOURCE INC A		2,358			14,572
CUSTOMERS BANCORP INC		14,625			842,693
CVB FINANCIAL CORP		38,152			770,289
CYTEK BIOSCIENCES INC		2,822			25,737
DAILY JOURNAL CORP		459			156,436
DAKTRONICS INC		20,132			170,719
DANA INC		58,056			848,198
DARLING INGREDIENTS INC		161			8,024
DEFINITIVE HEALTHCARE CORP		9,482			94,251
DELEK US HOLDINGS INC		22,307			575,521
DELTA APPAREL INC		2,682			19,123
DELUXE CORP		16,565			355,319
DENTSPLY SIRONA INC		57,880			2,059,949
DESIGNER BRANDS INC		11,915			105,448
DESTINATION XL GROUP INC		11,119			48,924
DHI GROUP INC		17,193			44,530
DHT HOLDINGS INC		56,761			556,825
DIGI INTERNATIONAL INC		12,276			319,176
DIGITAL TURBINE INC		17,309			118,740
DILLARDS INC CL A		942			380,238
DIME COMMUNITY BANCSHARES INC		14,415			388,196
DIODES INC		8,705			700,927
DISH NETWORK CORP A		26,995			155,761
DISTRIBUTION SOLUTIONS GROUP INC		262			8,269
DMC GLOBAL INC		5,107			96,114
DONEGAL GROUP INC CL A		11,922			166,789
DORIAN LPG LTD		16,733			734,077
DORMAN PRODUCTS INC		5,027			419,302
DOUGLAS ELLIMAN INC		23,847			70,349
DRIL-QUIP INC		12,211			284,150
DT MIDSTREAM INC		17,248			945,190
DUCKHORN PORTFOLIO INC/THE		26,196			258,031
DUCOMMUN INC		5,306			276,230
DULUTH HOLDINGS INC CL B		8,903			47,898
DUN & BRADSTREET HOLDINGS IN		31,544			369,065
DXC TECHNOLOGY CO		73,415			1,679,001
DXP ENTERPRISES INC		8,041			270,982
DYCOM INDUSTRIES INC		3,015			346,996
DYNAVAX TECHNOLOGIES CORP		5,045			70,529

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
E2OPEN PARENT HOLDINGS INC		59,016			259,080
EAGLE BANCORP INC MD		11,022			332,203
EAGLE BANCORP MONTANA INC		1,313			20,732
EAGLE BULK SHIPPING INC		6,169			341,763
EAGLE PHARMACEUTICALS INC		4,550			23,797
EAST WEST BANCORP INC		1,558			112,098
EASTERN BANKSHARES INC		20,038			284,540
EASTERN CO		1,017			22,374
EASTGROUP PPTYS INC		14,752			2,707,582
EASTMAN CHEMICAL CO		549			49,311
EASTMAN KODAK CO		8,054			31,411
ECHOSTAR CORP CL A		16,554			274,300
ECOVYST INC		37,729			368,612
EDGEWELL PERSONAL CARE CO		19,971			731,538
EDGEWISE THERAPEUTICS INC		3,703			40,511
EDITAS MEDICINE INC		13,218			133,898
EHEALTH INC		4,212			36,729
EL POLLO LOCO HLDGS INC		16,367			144,357
ELANCO ANIMAL HEALTH INC		105,656			1,574,274
ELECTROMED INC		1,965			21,438
ELEMENT SOLUTIONS INC		155,532			3,599,010
EMCOR GROUP INC		19,012			4,095,755
EMERGENT BIOSOL		14,144			33,946
EMPLOYERS HOLDINGS INC		10,277			404,914
ENACT HOLDINGS INC		3,633			104,957
ENCOMPASS HEALTH CORP		31,404			2,095,275
ENCORE CAP GROUP INC		10,526			534,195
ENCORE WIRE CORPORATION		7,327			1,565,047
ENERSYS INC		8,390			847,054
ENHABIT HOME HEALTH & HOSPICE		14,304			148,046
ENNIS INC		11,000			241,010
ENOVA INTL INC		12,085			669,026
ENOVIS CORP		19,946			1,117,375
ENPRO INC		7,544			1,182,447
ENSTAR GROUP LTD		4,561			1,342,530
ENTERPRISE BANCORP INC		1,579			50,939
ENTERPRISE FINL SVCS CORP		12,063			538,613
ENTRAVISION COMMUN CRP CL A		27,825			116,030
ENVIRI CORP		25,347			228,123
ENVISTA HOLDINGS CORP		131,098			3,154,218

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
EPLUS INC		10,668			851,733
EPSILON ENERGY LTD		5,573			28,311
EQUITY BANCSHARES INC		7,137			241,944
ERASCA INC		5,553			11,828
ESAB CORP		4,476			387,711
ESCALADE		5,292			106,316
ESCO TECHNOLOGIES INC		7,586			887,790
ESPEY MFG.&ELECTRIC		135			2,525
ESSA BANCORP INC		1,688			33,794
ESSENT GROUP LTD		25,602			1,350,249
ETHAN ALLEN INTERIORS INC		11,542			368,421
EVANS BANCORP INC		1,632			51,457
EVOLUTION PETROLEUM CORP		10,168			59,076
EXPRO GROUP HOLDINGS NV		13,281			211,434
EZCORP INC CL A NON VTG		24,899			217,617
F&G ANNUITIES & LIFE INC		646			29,716
FABRINET		883			168,061
FARMER BROTHERS CO		5,384			16,475
FARMERS & MERCHANTS BANCO/OH		739			18,327
FARMERS NATL BANC CORP		12,993			187,749
FARO TECHNOLOGIES INC		7,246			163,252
FASTLY INC CL A		10,678			190,068
FB FINANCIAL CORP		14,231			567,105
FEDERAL AGRI MTG NON VTG CL C		1,897			362,744
FEDERAL SIGNAL CORP		38,590			2,961,397
FERROGLOBE PLC		22,218			144,639
FG GROUP HOLDINGS INC		1,943			2,856
FIDELITY NATIONAL FINL INC		6,692			341,426
FINANCIAL INSTITUTIONS INC		7,122			151,699
FIRST ADVANTAGE CORP		6,205			102,817
FIRST AMERICAN FINANCIAL CORP		51,550			3,321,882
FIRST BANCORP INC ME		3,950			111,469
FIRST BANCORP NC		12,472			461,589
FIRST BANCORP PUERTO RICO		53,253			876,012
FIRST BANCSHARES INC MISS		7,817			229,273
FIRST BANK/HAMILTON NJ		6,574			96,638
FIRST BUSEY CORP		21,246			527,326
FIRST BUSINESS FIN SVCS INC		2,857			114,566
FIRST COMMONWEALTH FINL CORP		38,545			595,135
FIRST COMMUNITY BANKSHARES INC		6,930			257,103

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
FIRST FINANCIAL BANCORP		33,783			802,346
FIRST FINANCIAL INDIANA		5,047			217,172
FIRST FINANCIAL NORTWEST INC		2,243			30,236
FIRST FOUNDATION INC/OLD		23,354			226,067
FIRST HAWAIIAN INC		39,274			897,804
FIRST HORIZON CORP		117,972			1,670,484
FIRST INTERNET BANCORP		4,214			101,937
FIRST INTST BANCSYST INC CL A		31,933			981,940
FIRST MERCHANTS CORP		21,176			785,206
FIRST MID BANCSHARES INC		7,649			265,114
FIRST NORTHWEST BANCORP		870			13,868
FIRST OF LONG ISLAND CORP		11,090			146,832
FIRST SAVINGS FINANCIAL GRP		313			5,258
FIRST SOURCE CORP		7,763			426,577
FIRST VIRGINIA COMMUNITY BANK		1,736			24,651
FIRST WATCH RESTAURANT GROUP INC		4,247			85,365
FIRST WESTERN FINANCIAL INC		2,576			51,082
FIVE POINT HOLDINGS LLC CL A		21,671			66,530
FLEXIBLE SOLUTIONS INTL INC		2,381			4,548
FLEXSTEEL IND		2,095			39,491
FLOWSERVE CORP		1,377			56,760
FLUOR CORP		9,154			358,562
FLUSHING FINANCIAL CORP		13,317			219,464
FNB CORP PA		124,105			1,708,926
FONAR CORP		1,418			27,736
FOOT LOCKER INC		32,055			998,513
FORESTAR GROUP INC		17,900			591,953
FORMFACTOR INC		5,002			208,633
FORRESTER RESEARCH INC		1,000			26,810
FORTITUDE GOLD CORP		2,396			14,280
FORUM ENERGY TECHNOLOGIES INC		3,074			68,151
FORWARD AIR CORP		33,576			2,110,923
FOSSIL INC		22,580			32,967
FOSTER L B CO CL A		3,687			81,077
FRESH DEL MONTE PRODUCE INC		17,960			471,450
FRIEDMAN INDS INC		2,003			30,966
FRONTIER COMMUNICATIONS PARENT INC		19,284			488,657
FRP HOLDINGS INC		4,052			254,790
FS BANCORP INC		3,375			124,740
FULCRUM THERAPEUTICS INC		13,888			93,744

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
FULGENT GENETICS INC		11,287			326,307
FULL HOUSE RESORTS INC		1,389			7,459
FULLER H B CO		53,510			4,356,249
FULTON FINANCIAL CORP		61,508			1,012,422
FUNKO INC A		8,081			62,466
FUTUREFUEL CORP		20,600			125,248
GAIA INC CL A		2,458			6,637
GANNETT CO INC		51,605			118,692
GAP INC		91,452			1,912,261
GATES INDUSTRIAL CORP PLC		63,695			854,787
GATOS SILVER INC		9,623			62,934
GATX CORP		4,556			547,722
GCM GROSVENOR INC—CLASS A		190,127			1,703,538
GENCO SHIPPING & TRADING LTD		16,532			274,266
GENCOR INDUSTRIES INC		1,918			30,957
GENERAC HOLDINGS INC		22,571			2,917,076
GENERATION BIO		12,747			21,033
GENESCO INC		5,773			203,267
GENIE ENERGY LTD B		7,583			213,310
GENTEX CORP		90,072			2,941,752
GENTHERM INC		1,559			81,629
GENWORTH FINANCIAL INC A		175,138			1,169,922
GEOSPACE TECHNOLOGIES CORP		3,943			51,101
GERMAN AMERICAN BANCORP INC		5,220			169,180
GIBRALTAR INDUSTRIES INC		9,510			751,100
G-III APPAREL GROUP LTD		18,717			636,004
GLACIER BANCORP INC		3,453			142,678
GLATFELTER CORP		15,082			29,259
GLOBUS MEDICAL INC		4,154			221,367
GMS INC		8,137			670,733
GOHEALTH INC		773			10,312
GOODRX HOLDINGS INC		13,590			91,053
GOODYEAR TIRE & RUBBER CO		104,142			1,491,313
GOPRO INC A		50,883			176,564
GORMAN-RUPP CO		4,534			161,093
GRAFTECH INTERNATIONAL LTD		13,806			30,235
GRAHAM CORPORATION		2,260			42,872
GRAHAM HOLDINGS CO		1,381			961,894
GRANITE CONSTRUCTION INC		15,916			809,488
GRAPHIC PACKAGING HOLDING CO		93,070			2,294,176

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
GRAY TELEVISION INC		37,118			332,577
GREAT LAKES DREDGE & DOCK CORP		25,439			195,372
GREAT SOUTHERN BANCORP INC		5,507			326,840
GREEN BRICK PARTNERS INC		10,175			528,490
GREEN DOT CORP CLASS-A		21,581			213,652
GREEN PLAINS INC		9,332			235,353
GREENBRIER COMPANIES INC		11,992			529,807
GREENLIGHT CAPITAL RE LTD A		11,767			134,379
GREIF INC CL A		6,962			456,638
GREIF INC CL B		3,144			207,535
GRID DYNAMICS HOLDINGS INC		10,885			145,097
GRITSTONE BIO INC		7,088			14,460
GROCERY OUTLET HOLDING CORP		18,113			488,326
GROUP 1 AUTOMOTIVE INC		5,718			1,742,503
GROWGENERATION CORP		22,803			57,236
GSI TECHNOLOGY INC		8,099			21,381
GUARANTY BANCSHARES INC		3,279			110,240
GUESS INC		20,738			478,218
GULF ISLAND FABRICATION INC		4,272			18,498
GULFPORT ENERGY CORP		2,055			273,726
HAIN CELESTIAL GROUP INC		21,407			234,407
HALLADOR PETROLEUM CO		10,182			90,009
HAMILTON BEACH BRANDS HOLDING CO CLASS A		2,518			44,040
HANCOCK WHITNEY CORP		27,864			1,353,912
HANMI FINANCIAL CORPORATION		13,086			253,868
HANOVER INSURANCE GROUP INC		19,218			2,333,450
HARBORONE NORTHEAST BANCORP INC		21,510			257,690
HARLEY-DAVIDSON INC		31,171			1,148,340
HARVARD BIOSCIENCES INC		12,988			69,486
HASBRO INC		31,926			1,630,142
HAVERTY FURNITURE COS INC		6,402			227,271
HAWAIIAN HLDGS INC		9,637			136,845
HAWKINS INC		4,202			295,905
HAYNES INTL INC		5,678			323,930
HAYWARD HOLDINGS INC		9,895			134,572
HBT FINANCIAL INC		3,062			64,639
HEALTH CATALYST INC		13,861			128,353
HEALTHCARE SERVICES GROUP INC		10,808			112,079
HEALTHSTREAM INC		9,621			260,056
HEARTLAND EXPRESS INC		18,377			262,056

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
HEARTLAND FINANCIAL USA INC		13,014			489,457
HECLA MINING CO		202,168			972,428
HEIDRICK & STRUGGLES INTL INC		8,506			251,182
HELEN OF TROY LTD		6,299			760,982
HELIOS TECHNOLOGIES INC		4,816			218,406
HELIX ENERGY SOL GRP INC		60,715			624,150
HELMERICH & PAYNE INC		29,576			1,071,243
HERC HOLDINGS INC		1,776			264,429
HERITAGE COMMERCE CORP		26,304			260,936
HERITAGE FINANCIAL CORP WASH		15,433			330,112
HERITAGE INSURANCE HOLDINGS INC		9,039			58,934
HERTZ GLOBAL HOLDINGS INC		31,315			325,363
HF FOODS GROUP INC		1,576			8,416
HF SINCLAIR CORP		41,183			2,288,539
HIBBETT INC		4,898			352,754
HILLENBRAND INC		3,859			184,653
HILLMAN SOLUTIONS CORP		12,305			113,329
HILLTOP HLDGS I		16,669			586,915
HILTON GRAND VACATIONS INC		14,772			593,539
HINGHAM INSTITUTION FOR SAVING		609			118,390
HIRERIGHT GIS GROUP HOLDINGS LLC		1,873			25,192
HNI CORP		8,728			365,092
HOME BANCORP INC		3,207			134,726
HOME BANCSHARES INC		38,704			980,372
HOMESTREET INC		5,968			61,470
HOMETRUST BANCSHARES INC		2,949			79,387
HONEST CO INC (THE)		23,780			78,474
HOOKER FURNISHINGS CORP		5,252			136,972
HOPE BANCORP INC		45,097			544,772
HORACE MANN EDUCATORS CORP		15,856			518,491
HORIZON BANCORP INC INDIANA		19,792			283,224
HOVNANIAN ENTERPRISES INC CL A		832			129,476
HOWARD HUGHES HOLDINGS INC		17,929			1,533,826
HUB GROUP INC CL A		7,829			719,798
HUDSON GLOBAL INC		195			3,034
HUDSON TECHNOLOGIES INC		11,280			152,167
HUNTSMAN CORP		58,320			1,465,582
HURCO INC		2,011			43,297
HURON CONSULTING GROUP INC		5,833			599,632
HYSTER-YALE MATERIALS HANDLING		3,280			203,983

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
ICF INTERNATIONAL INC		39,954			5,357,432
ICHOR HOLDINGS LTD		12,584			423,200
ICU MEDICAL INC		2,627			262,017
IDENTIV INC		3,710			30,570
IES HOLDINGS INC		3,761			297,946
IHEARTMEDIA INC		3,118			8,325
IMMERSION CORP		5,657			39,938
IMMUNIC INC		1,352			2,028
INDEPENDENCE CONTRACT DRILLING		414			1,014
INDEPENDENT BANK CORP		9,334			242,871
INDEPENDENT BANK CORP MASS		57,755			3,800,857
INDEPENDENT BANK GROUP INC		15,542			790,777
INFORMATION SVCS GROUP INC		8,106			38,179
INGEVITY CORP		4,173			197,049
INGLES MARKETS INC-CL A		6,491			560,628
INGREDION INC		6,959			755,260
INNOSPEC INC		4,794			590,813
INNOVIVA INC		29,680			476,067
INOGEN INC		10,775			59,155
INOVIO PHARMACEUTICALS INC		4,757			2,426
INSTEEL INDUSTRIES INC		8,850			338,867
INTEGER HOLDINGS CORP		40,641			4,026,710
INTEGRA LIFESCIENCES HLDS CORP		7,668			333,941
INTEGRAL AD SCIENCE HOLDING CORP		11,967			172,205
INTERFACE INC		14,481			182,750
INTERNATIONAL BANCSHARES CORP		21,195			1,151,312
INTERNATIONAL PAPER CO		6,667			241,012
INTERNATIONAL SEAWAYS INC		17,963			816,957
INTERPUBLIC GROUP OF COS INC		170,708			5,571,909
INTEST CORP		5,222			71,019
INTEVAC INC		11,331			48,950
INTREPID POTASH INC		6,031			144,081
INVESCO LTD		123,858			2,209,627
INVESTAR HOLDING CORP		2,585			38,542
INVESTORS TITLE CO		559			90,636
IPG PHOTONICS CORP		457			49,603
IRONWOOD PHARMA CL A (PEND)		14,280			163,363
ISSUER DIRECT CORP		75			1,360
ITEOS THERAPEUTICS INC		10,085			110,431
ITRON INC		6,808			514,072

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
JACKSON FINANCIAL INC		25,260			1,293,312
JAKKS PACIFIC INC		555			19,730
JAMES RIVER GROUP HOLDINGS LTD		10,187			94,128
JANUS HENDERSON GROUP PLC		110,488			3,331,213
JEFFERIES FINANCIAL GROUP INC		46,476			1,878,095
JELD-WEN HOLDING INC		16,522			311,935
JETBLUE AIRWAYS CORP		108,560			602,508
JM SMUCKER CO/THE		12,703			1,605,405
JOHNSON OUTDOORS INC CL A		3,826			204,385
JONES LANG LASALLE INC		30,677			5,793,965
JUNIPER NETWORKS INC		15,304			451,162
KALVISTA PHARMACEUTICALS INC		7,691			94,215
KAMAN CORP		11,173			267,593
KARTOON STUDIOS INC		3,550			4,935
KB HOME		15,477			966,693
KEARNY FINANCIAL CORP		30,483			273,433
KELLY SERVICES INC CL A		15,018			324,689
KEMPER CORP		22,322			1,086,412
KENNAMETAL INC		125,358			3,232,983
KENNEDY-WILSON HOLDINGS INC		36,220			448,404
KEWAUNEE SCIENTIFIC CORP		239			6,948
KEYCORP		20,958			301,795
KIMBALL ELECTRONICS INC		11,421			307,796
KINGSTONE COS INC		617			1,314
KIRBY CORP		13,548			1,063,247
KNIFE RIVER HOLDING CO W/I		6,472			428,317
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC		40,250			2,320,413
KNOWLES CORP		29,963			536,637
KODIAK SCIENCES INC		12,850			39,064
KOHLS CORP		39,128			1,122,191
KOPPERS HLDGS INC		9,583			490,841
KORN FERRY		11,776			698,906
KRATOS DEFENSE & SEC SOLTN INC		21,636			438,994
KRONOS WORLDWIDE INC		20,465			203,422
KULICKE & SOFFA INDUSTRIES INC		23,637			1,293,417
KURA ONCOLOGY INC		14,919			214,535
KVH INDUSTRIES INC		8,126			42,743
KYNDRYL HOLDINGS INC		31,202			648,378
LA Z BOY INC		103,516			3,821,811
LABORATORY CORP OF AMER HLDGS		10,575			2,403,592

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
LAKELAND BANCORP INC		23,825			352,372
LAKELAND INDUSTRIES INC		2,673			49,557
LANCASTER COLONY CORP		9,004			1,498,176
LANDMARK BANCORP INC		420			8,140
LANDS END INC		12,908			123,400
LANDSEA HOMES CORP		3,339			43,874
LANTHEUS HLDGS INC		31,020			1,923,240
LANTRONIX INC		4,100			24,026
LARIMAR THERAPEUTICS INC		5,094			23,178
LATHAM GROUP INC		12,787			33,630
LAUREATE EDUCATION INC		31,587			433,058
LAZARD INC CL A		115,286			4,011,953
LAZYDAYS HOLDINGS INC		2,950			20,798
LCI INDUSTRIES		3,345			420,500
LCNB CORPORATION		3,694			58,254
LEAR CORP NEW		2,861			404,002
LEGACY HOUSING CORP		6,220			156,868
LEGGETT & PLATT INC		11,765			307,890
LENDINGCLUB CORP		44,971			393,047
LENSAR INC		2,985			10,477
LESLIE’S INC		161,684			1,117,236
LGI HOMES INC		8,462			1,126,800
LIBERTY BROADBAND CORP A		2,689			239,098
LIBERTY BROADBAND CORP C		2,761			256,921
LIBERTY ENERGY INC CL A		59,308			1,075,847
LIBERTY LATIN AMERICA LTD CL A		17,446			127,530
LIBERTY LATIN AMERICA LTD CL C		58,572			429,918
LIBERTY MEDIA CORP LIBERTY LIVE CL C		426			15,928
LIBERTY MEDIA CORP-LIBERTY LIVE CL A		575			21,016
LIBERTY MEDIA CORP-LIBERTY SIRIUSXM		21,003			604,466
LIBERTY MEDIA CORP-LIBERTY SIRIUSXM CL A		16,251			467,054
LIFE TIME GROUP HOLDINGS INC		29,505			444,935
LIFESTANCE HEALTH GROUP INC		15,371			120,355
LIFETIME BRANDS INC		8,755			58,746
LIGAND PHARMACEUTICALS		3,328			237,686
LIGHTPATH TECHNOLOGIES CL A		2,899			3,653
LIMBACH HOLDINGS INC		2,742			124,679
LIMONEIRA CO		7,365			151,940
LINCOLN EDUCATIONAL SERVICES		11,220			112,649
LIONS GATE ENTERMENT CORP A		5,530			60,277

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
LIONS GATE ENTERTAINMENT CORP B		31,969			325,764
LITHIA MOTORS INC CL A		5,294			1,743,208
LITTELFUSE INC		10,900			2,916,404
LIVANOVA PLC		2,400			124,176
LIVE OAK BANCSHARES INC		3,475			158,113
LIVENT CORP		12,990			233,560
LIVERAMP HOLDINGS INC		11,852			448,954
LL FLOORING HOLDINGS INC		12,990			50,661
LOVESAC		2,481			63,390
LSB INDUSTRIES INC		22,563			210,062
LSI INDUSTRIES INC		11,035			155,373
LUMEN TECHNOLOGIES INC		61,364			112,296
LUMENTUM HOLDINGS INC		7,924			415,376
LUMOS PHARMA INC		219			685
LUNA INNOVATIONS INC		9,838			65,423
LUTHER BURBANK CORP		17,037			182,466
LUXFER HOLDINGS PLC		2,647			23,664
M D C HOLDINGS INC		26,689			1,474,567
M/I HOMES INC		9,481			1,305,913
MACATAWA BK CORP		13,621			153,645
MACYS INC		73,003			1,468,820
MADISON SQUARE GARDEN ENTERTAINMENT CORP		112,205			3,566,997
MADISON SQUARE GARDEN SPORTS CORP		14,802			2,691,448
MAGNACHIP SEMICONDUCTOR		17,962			134,715
MAGNITE INC		30,295			282,955
MAGNOLIA OIL & GAS CORPO CL A		156,205			3,325,604
MAIDEN HLDGS LTD		19,931			45,642
MAINSTREET BANCSHARES INC		1,139			28,259
MALIBU BOATS INC CL A		2,361			129,430
MAMMOTH ENERGY SERVICES INC		12,745			56,843
MANCHESTER UNITED PLC		45,600			929,328
MANITOWOC CO INC		15,311			255,541
MANNATECH INC		149			1,171
MANPOWERGROUP INC		8,946			710,939
MARCHEX INC		648			881
MARCUS &MILLICHAP CO INC		8,800			384,384
MARCUS CORP		10,687			155,816
MARINEMAX INC		7,742			301,164
MARRIOTT VACATIONS WORLD		6,666			565,877
MARTEN TRANSPORT LTD		21,478			450,608

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
MASCO CORPORATION		41,794			2,799,362
MASONITE WORLDWIDE HOLDINGS		3,363			284,712
MASTEC INC		3,828			289,856
MASTERBRAND INC		10,602			157,440
MASTERCRAFT BOAT HOLDINGS INC		593			13,426
MATADOR RESOURCES COMPANY		110,875			6,304,353
MATERION CORP		6,245			812,662
MATIV INC		19,723			301,959
MATRIX SERVICE CO		12,612			123,345
MATSON INC		13,095			1,435,212
MATTEL INC		182,905			3,453,246
MATTERPORT INC		84,359			226,926
MATTHEWS INTL CORP CL A		12,787			468,644
MAXCYTE INC		3,740			17,578
MAXLINEAR INC		6,946			165,106
MAYVILLE ENGINEERING CO INC		5,672			81,790
MCEWEN MINING INC		1,191			8,587
MCGRATH RENTCORP		3,288			393,311
MDU RESOURCES GROUP INC		35,244			697,831
MERCANTILE BANK CORP		6,856			276,845
MERCER INTERNATIONAL INC		25,553			242,242
MERCHANTS BANCORP		7,585			322,969
MERCURY GENERAL CORP		16,219			605,131
MERCURY SYSTEMS INC		13,198			482,651
MERIDIAN CORP		1,835			25,507
MERIDIANLINK INC		3,125			77,406
MERITAGE HOMES CORP		7,496			1,305,803
MESA LABORATORIES INC		711			74,491
METHODE ELECTRONICS INC		11,608			263,850
METROCITY BANKSHARES INC		3,291			79,050
METROPOLITAN BANK HOLDING CORP		4,740			262,501
MGIC INVESTMENT CORP		98,895			1,907,685
MGP INGREDIENTS INC		1,094			107,781
MID PENN BANCORP INC		5,004			121,497
MIDLAND STATES BANCORP INC		10,041			276,730
MIDWESTONE FINANCIAL GRP INC		6,694			180,136
MILLER INDUSTRIES INC TENN		5,509			232,976
MILLERKNOLL INC		15,316			408,631
MINERALS TECHNOLOGIES INC		14,105			1,005,828
MIRION TECHNOLOGIES INC-A		7,656			78,474

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
MISSION PRODUCE INC		14,185			143,127
MISTRAS GROUP INC		9,530			69,760
MITEK SYSTEMS INC		4,620			60,245
MODINE MANUFACTURING CO		23,133			1,381,040
MOHAWK INDUSTRIES INC		52,763			5,460,971
MONARCH CASINO & RESORT INC		902			62,373
MONRO INC		5,847			171,551
MONTE ROSA THERAPEUTICS INC		2,422			13,684
MOOG INC CL A		6,956			1,007,090
MOSAIC CO NEW		5,439			247,930
MOTORCAR PARTS OF AMERICA INC		8,598			80,305
MOVADO GROUP INC		7,006			211,231
MP MATERIALS CORP		17,359			344,576
MR COOPER GROUP INC		18,745			1,220,674
MRC GLOBAL INC		19,462			214,277
MUELLER INDUSTRIES INC		18,242			860,110
MUELLER WATER PRODUCTS INC A		20,889			300,802
MURPHY OIL CORP		43,962			1,875,419
MVB FINANCIAL CORP		4,279			96,534
MYERS INDUSTRIES		8,725			170,574
MYRIAD GENETICS INC		15,251			291,904
NABORS INDUSTRIES LTD		1,185			96,732
NACCO INDUSTRIES INC CL A		2,139			78,074
NATIONAL BANKSHARES INC VA		1,587			51,339
NATIONAL BK HLDGS CORP		11,565			430,102
NATIONAL ENERGY SERVICES REUNITED CORP		18,321			88,792
NATIONAL HEALTHCARE CORP		6,497			600,453
NATIONAL PRESTO INDS		2,854			229,119
NATIONAL VISION HOLDINGS INC		18,830			394,112
NATIONAL WESTERN LIFE GROUP INC- A		1,501			725,013
NATURAL ALTERNATIVES INTL INC		743			4,770
NATURAL GAS SERVICES GROUP		4,845			77,908
NATURAL GROCERS VIT GROC INC		9,111			145,776
NATURES SUNSHINE PRODUCTS INC		7,569			130,868
NAUTILUS BIOTECHNOLOGY INC		3,101			9,272
NAVIENT CORP		56,155			1,045,606
NBT BANCORP INC		14,319			600,109
NCR ATLEOS CORP		62,578			1,520,020
NCR VOYIX CORP		125,226			2,117,572
NEKTAR THERAPEUTICS		43,549			24,605

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
NELNET INC CL A		9,984			880,788
NEOGENOMICS INC		1,545			24,998
NETGEAR INC		12,978			189,219
NETSCOUT SYSTEMS INC		27,390			601,211
NETSTREIT CORP		111,980			1,998,843
NETWORK-1 TECHNOLOGIES INC		2,182			4,757
NEURONETICS INC		2,246			6,513
NEW JERSEY RESOURCES CORP		8,649			385,572
NEW YORK COMMUNITY BANCORP INC		165,227			1,690,272
NEWELL BRANDS INC		108,240			939,523
NEWMARK GROUP INC CL A		50,453			552,965
NEWPARK RESOURCES INC		36,317			241,145
NEWS CORP NEW CL B		20,435			525,588
NEXA RESOURCES SA		6,444			46,010
NEXSTAR MEDIA GROUP INC		9,117			1,429,090
NEXTCURE INC		9,481			10,808
NGM BIOPHARMACEUTICALS INC		8,892			7,638
NICOLET BANKSHARES INC		4,575			368,196
NKARTA INC		6,030			39,798
NL INDUSTRIES		3,712			20,824
NLIGHT INC		8,696			117,396
NMI HOLDINGS INC A		31,972			948,929
NN INC		15,303			61,212
NORDIC AMERICAN TANKER LTD		72,222			303,332
NORTHEAST BANK		2,842			156,850
NORTHERN OIL AND GAS INC		7,736			286,774
NORTHERN TRUST CORP		35,463			2,992,368
NORTHFIELD BANCORP INC NEW		22,238			279,754
NORTHRIM BANCORP INC		1,647			94,225
NORTHWEST BANCSHARES INC		46,809			584,176
NORTHWEST PIPE CO		4,327			130,935
NORWOOD FINANCIAL CORP		395			12,999
NOV INC		42,628			864,496
NOW INC		38,446			435,209
NRG ENERGY INC		8,221			425,026
NU SKIN ENTERPRISES INC CL A		8,748			169,886
NURIX THERAPEUTICS INC		3,060			31,579
NUVATION BIO INC		11,913			17,989
NV5 GLOBAL INC		2,964			329,360
OAK VALLEY BANCORP		988			29,591

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
OCEANFIRST FINANCIAL CORP		21,359			370,792
OCWEN FINANCIAL CORP		3,188			98,063
ODP CORP/THE		15,814			890,328
OFG BANCORP		17,290			648,029
O-I GLASS INC		41,391			677,985
OIL STATES INTERNATIONAL INC		28,410			192,904
OIL-DRI CORP OF AMERICA		2,079			139,459
OLD NATIONAL BANCORP (IND)		223,777			3,779,594
OLD REPUBLIC INTL CORP		60,188			1,769,527
OLD SECOND BANCORP		13,492			208,316
OLEMA PHARMACEUTICALS INC		11,561			162,201
OLIN CORP		23,473			1,266,368
OLO INC		24,051			137,572
OLYMPIC STEEL INC		4,949			330,098
OMNIAB INC		17,236			106,346
OMNIAB INC—12.5 EARNOUT		682			3,315
OMNIAB INC—15.00 EARNOUT		682			3,130
OMNICELL INC		6,438			242,262
ON24 INC		15,100			118,988
ONEMAIN HOLDINGS INC		19,168			943,066
ONESPAN INC		2,903			31,120
ONEWATER MARINE CL A		3,325			112,352
ONTO INNOVATION INC		5,978			914,036
OP BANCORP		4,301			47,096
OPENDOOR TECHNOLOGIES INC		19,407			86,943
OPENLANE INC		36,096			534,582
OPKO HEALTH INC		164,972			249,108
OPORTUN FIN CORP		14,295			55,893
OPPENHEIMER HLDGS CL A NON-VTG		2,442			100,903
ORASURE TECHNOLOGIES INC		32,254			264,483
ORGANOGENESIS HOLDINGS INC CL A		18,123			74,123
ORGANON & CO		2,798			40,347
ORIGIN BANCORP INC		7,025			249,879
ORION GROUP HOLDINGS INC		10,871			53,703
ORION SA		6,666			184,848
ORMAT TECHNOLOGIES INC		1,167			88,447
ORRSTOWN FINANCIAL SERVICES		4,448			131,216
ORTHOFIX MEDICAL INC		12,178			164,159
ORTHOPEDIATRICS CORP		1,512			49,155
OSCAR HEALTH INC		37,001			338,559

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
OSHKOSH CORP		4,830			523,620
OSI SYSTEMS INC		3,227			416,444
OVERSEAS SHIPHLDG GRP INC NEW		35,947			189,441
OVINTIV INC		7,679			390,800
OWENS AND MINOR INC		27,988			539,329
OWENS CORNING INC		4,873			722,325
OXFORD INDUSTRIES		3,461			346,100
PACIFIC PREMIER BANCORP INC		31,716			923,253
PACIRA BIOSCIENCES INC		7,830			264,184
PACTIV EVERGREEN INC		20,833			285,620
PAM TRANSPORTAION		2,265			47,067
PANGAEA LOGISTICS SOLUTIONS LTD		16,057			132,310
PAR PACIFIC HOLDINGS INC		5,161			187,706
PARAMOUNT GLOBAL CL A		2,889			56,798
PARAMOUNT GLOBAL CL B		232,378			3,436,871
PARK AEROSPACE CORP		6,727			98,887
PARK NATIONAL CORP		1,640			217,890
PARK OHIO HLDGS CORP		5,102			137,550
PARKE BANCORP INC		3,744			75,816
PARSONS CORP		5,878			368,609
PATHWARD FINANCIAL INC		7,186			380,355
PATRICK INDUSTRIES INC		7,239			726,434
PATTERSON COMPANIES INC		20,994			597,279
PATTERSON-UTI ENERGY INC		90,666			979,193
PAYSAFE LTD		12,541			160,399
PBF ENERGY INC CL A		36,327			1,596,935
PC CONNECTION INC		8,710			585,399
PCB BANCORP		4,644			85,589
PDL BIOPHARMA INC		62,577			10,173
PEABODY ENERGY CORP		42,202			1,026,353
PEAPACK GLADSTONE FINL CORP		8,048			239,991
PEDIATRIX MEDICAL GROUP INC		30,749			285,966
PENN ENTERTAINMENT INC		40,005			1,040,930
PENNANT GROUP INC		2,438			33,937
PENNS WOODS BANCORP INC		1,124			25,301
PENNYMAC FINANCIAL SERVICES INC		15,513			1,370,884
PENSKE AUTOMOTIVE GROUP INC		14,704			2,360,139
PEOPLES BANCORP INC		15,258			515,110
PEOPLES BANCORP OF NC		350			10,567
PEOPLES FINANCIAL SERV CORP		875			42,613

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
PERDOCEO EDUCATION CORP		29,827			523,762
PERFICIENT INC		34,426			2,265,919
PERFORMANCE FOOD GROUP CO		4,261			294,648
PERIMETER SOLUTIONS SA		2,313			10,640
PERMIAN RESOURCES CORP CL A		46,999			639,186
PERRIGO CO PLC		52,367			1,685,170
PERSONALIS INC		2,193			4,605
PETCO HEALTH AND WELLNESS CO INC		24,765			78,257
PETIQ INC CL A		11,875			234,531
PETMED EXPRESS INC		3,779			28,569
PGT INNOVATIONS INC		7,426			302,238
PHIBRO ANIMAL HEALTH CORP CL A		4,326			50,095
PHINIA INC		12,150			368,024
PHOTRONIC INC		21,272			667,303
PHX MINERALS INC A		12,255			39,461
PILGRIM’S PRIDE CORP NEW		14,967			413,987
PINNACLE FINL PARTNERS INC		15,150			1,321,383
PLAYA HOTELS & RESORTS NV		51,211			442,975
PLAYSTUDIOS INC A		3,549			9,618
PLEXUS CORP		38,330			4,144,623
PONCE FINANCIAL GROUP INC		9,817			95,814
POPULAR INC		24,880			2,041,902
POSEIDA THERAPEUTICS INC		4,484			15,066
POST HOLDINGS INC		17,885			1,574,953
POWELL INDUSTRIES INC		5,141			454,464
POWERFLEET INC		4,846			16,573
PRA GROUP INC		14,714			385,507
PREFERRED BANK LOS ANGELES		4,260			311,193
PREFORMED LINE PRODUCTS CO		2,238			299,579
PREMIER FINANCIAL CORP		15,010			361,741
PREMIER INC		29,661			663,220
PRESTIGE CONSUMER HEALTHCARE INC		55,509			3,398,261
PRICESMART INC		6,334			479,991
PRIMEENERGY RESOURCES CORP		629			66,894
PRIMIS FINANCIAL CORP		12,142			153,718
PRIMORIS SVCS CORP		17,569			583,466
PRINCETON BANCORP INC		1,134			40,711
PROASSURANCE CORPORATION		15,367			211,911
PROG HOLDINGS INC		2,838			87,723
PROPETRO HOLDING CORP		44,039			369,047

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
PROPHASE LABS INC		974			4,402
PROSPERITY BANCSHARES INC		23,203			1,571,539
PROTO LABS INC		10,535			410,444
PROVIDENT BANCORP INC		1,300			13,091
PROVIDENT FINANCIAL HLDGS INC		1,165			14,691
PROVIDENT FINANCIAL SVCS INC		26,817			483,511
PUBMATIC INC CL A		7,043			114,871
PULTEGROUP INC		41,843			4,319,034
PVH CORP		19,398			2,368,884
PYXIS ONCOLOGY INC		5,267			9,481
QCR HOLDINGS INC		6,993			408,321
QUAD/GRAPHICS INC CL A		18,566			100,628
QUAKER HOUGHTON		1,178			251,409
QUANEX BUILDING PRODUCTS		10,995			336,117
QUANTERIX CORP		3,718			101,650
QUEST RESOURCE HOLDING CORP		2,431			17,819
QUIDELORTHO CORP		9,519			701,550
QUINSTREET INC		11,003			141,058
RADIAN GROUP INC		33,596			959,166
RADIANT LOGISTICS INC		21,142			140,383
RAFAEL HOLDINGS INC		1,783			3,263
RALPH LAUREN CORP		1,186			171,021
RAMACO RESOURCES INC		6,895			118,456
RAMACO RESOURCES INC-B		430			5,723
RANGE RESOURCES CORP		28,796			876,550
RANGER ENERGY SERVICES INC CL A		1,669			17,074
RANPAK HOLDINGS CORP A		2,028			11,803
RAYONIER ADVANCED MATERIALS		30,673			124,226
RBB BANCORP		7,400			140,896
RCI HOSPITALITY HOLDINGS INC		2,126			140,869
RE/MAX HOLDINGS INC CL A		8,862			118,130
READING INTL INC CL A		3,517			6,717
REGAL REXNORD CORP		14,811			2,192,324
REGENXBIO INC		13,181			236,599
REGIONAL MANAGEMENT CORP		4,231			106,113
REINSURANCE GROUP OF AMERICA		297			48,049
RELAY THERAPEUTICS INC		7,557			83,203
RENAISSANCERE HLDGS LTD		12,481			2,446,276
RENASANT CORP		20,787			700,106
REPAY HOLDINGS CORP		19,144			163,490

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
REPUBLIC BANCORP INC KY CL A		6,587			363,339
RESIDEO TECHNOLOGIES INC		191,378			3,601,734
RESOLUTE FOREST PRODUCTS INC US CVR RT		20,776			0
RESOURCES CONNECTION INC		15,484			219,408
REV GROUP INC		25,476			462,899
REVOLVE GROUP INC		3,655			60,600
REVVITY INC		3,823			417,892
REX AMERICAN RESOURCES CORP		6,965			329,445
RF INDUSTRIES LTD		211			641
RIBBON COMMUNICATIONS INC		61,397			178,051
RICHARDSON ELECTRONICS LTD		5,187			69,246
RICHMOND MUTUAL BANCORPORATION INC		677			7,792
RILEY EXPLORATION PERMIAN INC		28			763
RIOT PLATFORMS INC		18,895			292,306
RIVERVIEW BANCORP INC		7,656			48,998
ROCKY BRANDS INC		3,305			99,745
ROGERS CORP		3,282			433,454
ROOT INC		1,290			13,519
ROYAL CARIBBEAN CRUISES LTD		36,280			4,697,897
RPC INC		44,724			325,591
RUSH ENTERPRISES INC CL A		20,385			1,025,366
RUSH ENTERPRISES INC CL B		4,591			243,231
RYDER SYSTEM INC		9,713			1,117,578
RYERSON HOLDING CORP		14,193			492,213
S & T BANCORP		13,005			434,627
SAFETY INSURANCE GROUP INC		3,511			266,801
SAGA COMMUNICATIONS INC CL A		115			2,560
SAGE THERAPEUTICS INC		16,469			356,883
SALLY BEAUTY HLDGS INC		1,546			20,531
SANDRIDGE ENERGY INC		13,456			183,944
SANDY SPRING BANCORP INC		17,201			468,555
SANMINA CORP		22,149			1,137,794
SAPIENS INTL CORP NV		2,780			80,453
SAVARA INC		99			465
SCANSOURCE INC		11,291			447,237
SCHNEIDER NATIONAL INC CL B		24,871			632,967
SCHNITZER STEEL INDS INC CL A		12,571			379,141
SCHOLAR ROCK HOLDING CORP		1,872			35,194
SCHOLASTIC CORP		13,065			492,551
SCORPIO TANKERS INC		20,861			1,268,349

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
SCRIPPS (EW) CO CL A		27,985			223,600
SEABOARD CORP		232			828,263
SEACOAST BANKING CORP FLORIDA		20,592			586,048
SEACOR MARINE HOLDINGS INC		8,265			104,056
SEADRILL LTD		12,370			584,854
SECUREWORKS CORP		6,675			49,262
SEER INC		12,116			23,505
SELECT MEDICAL HLDGS CORP		20,018			470,423
SELECT WATER SOLUTIONS INC CL A		32,966			250,212
SELECTQUOTE INC		6,238			8,546
SENECA FOODS CORP CL A		2,342			122,814
SENSATA TECHNOLOGIES HOLDING PLC		14,377			540,144
SENSIENT TECHNOLOGIES CORP		4,512			297,792
SERA PROGNOSTICS INC		3,539			21,163
SERVISFIRST BANCSHARES INC		377			25,120
SFL CORP LTD		44,888			506,337
SHENANDOAH TELECOM CO		15,812			341,855
SHOE CARNIVAL		12,034			363,547
SHORE BANCSHARES INC		10,100			143,925
SIERRA BANCORP		7,075			159,541
SIGMATRON INTERNATIONAL INC		600			1,800
SIGNET JEWELERS LTD		10,173			1,091,156
SILGAN HOLDINGS INC		16,904			764,906
SILICON LABORATORIES INC		3,142			415,592
SILVERBOW RESOURCES INC		669			19,455
SIMMONS 1ST NATL CORP CL A		40,898			811,416
SIMPLY GOOD FOODS CO		104,540			4,139,784
SIMPSON MANUFACTURING CO		6,855			1,357,153
SINCLAIR INC CL A		14,880			193,886
SIRIUSPOINT LTD		56,906			660,110
SITIO ROYALTIES CORP		5,205			122,370
SKECHERS USA INC CL A		5,116			318,931
SKYLINE CHAMPION CORP		18,538			1,376,632
SKYWEST INC		18,427			961,889
SM ENERGY CO		46,689			1,807,798
SMART SAND INC		1,887			3,642
SMARTFINANCIAL INC		5,084			124,507
SMARTRENT INC		6,877			21,938
SMITH & WESSON BRANDS INC		19,021			257,925
SMITH MICRO SOFTWARE INC		14,251			11,771

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
SNAP-ON INCORPORATED		3,656			1,055,999
SOLARIS OILFIELD INFRASTRUCTURE INC CL A		7,311			58,196
SOLARWINDS CORP		37,239			465,115
SOLID POWER INC		28,237			40,944
SOLO BRANDS INC A		16,595			102,225
SOMALOGIC INC		5,401			13,665
SONIC AUTOMOTIVE INC CL A		10,516			591,104
SONOCO PRODUCTS CO		15,983			892,970
SOUTH PLAINS FINANCIAL INC		3,707			107,355
SOUTHERN FIRST BANCSHARES INC		3,111			115,418
SOUTHERN MISSOURI BANCORP INC		2,592			138,387
SOUTHERN STS BANCSHARES INC		564			16,514
SOUTHSIDE BANCSHARES INC		7,014			219,678
SOUTHSTATE CORP		25,949			2,191,393
SOUTHWESTERN ENERGY CO		137,526			900,795
SPARTANNASH CO		15,754			361,554
SPECTRUM BRANDS HOLDINGS INC		7,625			608,246
SPHERE ENTERTAINMENT CO		102,240			3,472,070
SPIRIT AIRLINES INC		27,210			445,972
SPOK HOLDINGS INC		4,378			67,771
SPORTSMANS WHSE HLDGS INC		16,913			72,049
SPRUCE BIOSCIENCES INC		5,511			16,147
STANDARD MOTOR PRODUCTS INC		9,667			384,843
STANDEX INTL CORP		2,614			414,005
STEELCASE INC CLASS A		35,334			477,716
STELLAR BANCORP INC		10,720			298,445
STEPAN CO		5,683			537,328
STERICYCLE INC		44,114			2,186,290
STERLING BANCORP INC/MI		3,591			20,720
STERLING INFRASTRUCTURE INC		7,349			646,198
STEVEN MADDEN LTD		5,241			220,122
STEWART INFORMATION SERVICES		10,168			597,370
STIFEL FINANCIAL CORP		53,914			3,728,153
STITCH FIX		18,672			66,659
STOCK YARDS BANCORP INC		1,243			64,002
STONERIDGE INC		10,429			204,096
STONEX GROUP INC		5,467			403,629
STRATASYS LTD		10,518			150,197
STRATEGIC EDUCATION INC		7,669			708,386
STRATTEC SEC CORP		1,335			33,522

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
STRATUS PROPERTIES INC		2,758			79,596
STRIDE INC		14,734			874,758
SUMMIT FINANCIAL GROUP INC		3,604			110,607
SUMMIT MATERIALS INC CL A		11,595			445,944
SUN COUNTRY AIRLINES HOLDINGS INC		13,349			209,980
SUNCOKE ENERGY INC		36,474			391,731
SUNNOVA ENERGY INTERNATIONAL INC		36,352			554,368
SUNRUN INC		18,947			371,930
SUPERIOR GROUP OF COS INC		6,298			85,023
SUPERNUS PHARMACEUTICALS INC		13,329			385,741
SURGERY PARTNERS INC		9,697			310,207
SUTRO BIOPHARMA INC		22,942			98,421
SYLVAMO CORP		2,462			120,909
SYNCHRONOSS TECHNOLOGIES INC		8			50
SYNOVUS FINANCIAL CORP.		122,253			4,602,825
TACTILE SYSTEMS TECHNOLOGY INC		4,108			58,744
TALOS ENERGY INC		31,215			444,189
TANGO THERAPEUTICS INC		5,271			52,183
TARO PHARMACEUTICALS IND		8,106			338,669
TAYLOR MORRISON HOME CORP		46,031			2,455,754
TD SYNNEX CORP		47,992			5,164,419
TECHNIPFMC PLC		150,664			3,034,373
TEEKAY CORP		32,232			230,459
TEEKAY TANKERS LTD CL A		12,110			605,137
TEGNA INC		54,078			827,393
TEJON RANCH CO		11,939			205,351
TELADOC HEALTH INC		40,243			867,237
TELEPHONE & DATA SYSTEMS INC		35,265			647,113
TENAYA THERAPEUTICS INC		2,020			6,545
TENNANT CO		129			11,957
TEREX CORP		9,246			531,275
TERNS PHARMACEUTICALS INC		6,563			42,594
TERRITORIAL BANCORP INC		2,778			30,975
TEXAS CAPITAL BANCSHARES INC		18,831			1,217,048
TEXTAINER GROUP HLDGS LTD		17,862			878,810
TFS FINANCIAL CORP		7,400			108,706
THERMON GROUP HOLDINGS INC		14,584			475,001
THIRD COAST BANCSHARES INC		834			16,572
THOR INDUSTRIES INC		14,775			1,747,144
THRYV HOLDINGS INC		10,284			209,279

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
TIDEWATER INC		12,954			934,113
TILE SHOP HLDGS INC		11,810			86,922
TILLY’S INC		10,677			80,505
TIMBERLAND BANCORP INC		2,601			81,827
TIMKEN CO		4,927			394,899
TIMKENSTEEL CORP		19,301			452,608
TIPTREE INC		15,014			284,665
TITAN INTERNATIONAL INC		17,378			258,585
TITAN MACHINERY INC		10,446			301,680
TOLL BROTHERS INC		37,728			3,878,061
TOMPKINS FINANCIAL CORP		2,263			136,300
TOOTSIE ROLL INDUSTRIES INC		918			30,514
TOPGOLF CALLAWAY BRANDS CORP		46,976			673,636
TOWNE BANK		23,898			711,204
TRANSOCEAN LTD		217,064			1,378,356
TREDEGAR CORP		10,307			55,761
TREEHOUSE FOODS INC		20,618			854,616
TRI POINTE HOMES INC		39,263			1,389,910
TRICO BANCSHARES		8,288			356,135
TRIMAS CORP		8,969			227,185
TRIMBLE INC		44,260			2,354,632
TRINITY INDUSTRIES INC		33,205			882,921
TRIPADVISOR INC		2,446			52,662
TRIUMPH FINANCIAL INC		3,967			318,074
TRONOX HOLDINGS PLC		60,116			851,243
TRUEBLUE INC		14,336			219,914
TRUECAR INC		35,821			123,941
TRUSTCO BANK CORP NY		8,928			277,214
TRUSTMARK CORP		21,567			601,288
TTM TECHNOLOGIES INC		43,742			691,561
TURTLE BEACH CORP		6,251			68,448
TUTOR PERINI CORP		22,954			208,881
TWIN DISC INC		2,064			33,354
TWIST BIOSCIENCE CORP		2,350			86,621
UFP INDUSTRIES INC		13,523			1,697,813
U-HAUL HOLDING CO		12,997			915,509
ULTA BEAUTY INC		4,314			2,113,817
ULTRA CLEAN HOLDINGS INC		18,248			622,987
ULTRALIFE CORP		3,872			26,407
UMB FINANCIAL CORP		9,180			766,989

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
UNDER ARMOUR INC CL A		51,177			449,846
UNDER ARMOUR INC CL C		46,940			391,949
UNIFI INC		7,600			50,616
UNIFIRST CORP		3,764			688,473
UNITED BANKSHARES INC. W VA.		34,955			1,312,560
UNITED COMMUNITY BANKS GA		36,140			1,057,456
UNITED FIRE GROUP INC		10,908			219,469
UNITED NATURAL FOODS INC		26,237			425,827
UNITED STATES CELLULAR CORP		18,488			767,992
UNITED STATES LIME & MIN INC		1,008			232,193
UNITED STATES STEEL CORP		58,192			2,831,041
UNITY BANCORP INC		4,133			122,295
UNIVERSAL CORP		10,122			681,413
UNIVERSAL ELECTRONICS INC		5,806			54,518
UNIVERSAL HEALTH SVCS INC CL B		16,733			2,550,779
UNIVERSAL INSURANCE HLDGS INC		13,499			215,714
UNIVERSAL LOGISTICS HOLDINGS INC		7,595			212,812
UNIVERSAL STAINLESS & ALLOY		1,677			33,674
UNIVERSAL TECH INST INC		14,414			180,463
UNIVEST FINANCIAL CORP		13,285			292,669
UNUM GROUP		45,440			2,054,797
UPBOUND GROUP INC		10,377			352,507
UPLAND SOFTWARE INC		11,209			47,414
URBAN ONE INC CL A		4,306			17,353
URBAN ONE INC CL D NON-VTG		6,034			21,300
URBAN OUTFITTERS		37,331			1,332,343
US FOODS HOLDING CORP		89,426			4,060,835
US PHYSICAL THERAPY INC		100			9,314
US SILICA HOLDINGS INC		31,894			360,721
USANA HEALTH SCIENCES INC		2,747			147,239
UTAH MEDICAL PRODUCTS INC		573			48,258
UTZ BRANDS INC A		5,537			89,921
V2X INC		3,865			179,491
VALLEY NATL BANCORP		178,086			1,934,014
VALMONT INDUSTRIES INC		729			170,229
VANDA PHARMACEUTICALS INC		26,703			112,687
VAREX IMAGING CORP		18,063			370,292
VEECO INSTRUMENT		10,058			312,100
VERA BRADLEY INC		14,437			111,165
VERACYTE INC		22,193			610,529

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
VERADIGM INC		50,608			530,878
VERINT SYSTEMS INC		9,361			253,028
VERITEX HOLDINGS INC		14,694			341,929
VIASAT INC		28,505			796,715
VIATRIS INC		31,099			336,802
VIAVI SOLUTIONS INC		5,469			55,073
VICTORY CAPITAL HOLDINGS INC CL A		2,545			87,650
VILLAGE SUPER MKT INC CL A NEW		4,527			118,743
VIMEO INC		8,390			32,889
VIR BIOTECHNOLOGY INC		1,874			18,852
VIRGINIA NATIONAL BANK CORP		713			24,513
VIRTU FINANCIAL INC- CL A		481			9,745
VIRTUS INVESTMENT PARTNERS		1,485			359,014
VISHAY INTERTECHNOLOGY INC		50,068			1,200,130
VISHAY PRECISION GROUP INC		5,663			192,938
VISTA OUTDOOR INC		22,694			671,062
VITAL ENERGY INC		2,393			108,858
VITAL FARMS INC		7,440			116,734
VITESSE ENERGY INC		5,784			126,612
VOR BIOPHARMA INC		3,011			6,775
VOXX INTERNATIONAL CORP		9,124			97,444
VOYAGER THERAPEUTICS INC		2,759			23,286
VSE CORP		5,795			374,415
WABASH NATIONAL CORP		10,134			259,633
WAFD INC		24,159			796,281
WALKER & DUNLOP INC		4,305			477,898
WARRIOR MET COAL INC		16,239			990,092
WASHINGTON TR BANCORP INC		5,693			184,339
WATERSTONE FINANCIAL INC		10,447			148,347
WEBSTER FINANCIAL		33,796			1,715,485
WEIS MARKETS INC		10,557			675,226
WERNER ENTERPRISES INC		17,756			752,322
WESBANCO INC		20,883			655,100
WESCO INTERNATIONAL INC		12,181			2,118,032
WESCO INTERNATIONAL INC SER A 10.625%/VAR PFD PERP		4,600			121,532
WEST BANCORPORATION INC		4,558			96,630
WESTAMERICA BANCORPORATION		1,881			106,107
WESTERN ALLIANCE BANCORP		11,570			761,190
WESTERN NEW ENGLAND BANCORP INC		9,562			86,058

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
WESTROCK CO		63,677			2,643,869
WESTWOOD HOLDINGS GROUP INC		2,438			30,646
WEYCO GROUP INC		3,183			99,819
WHITE MOUNTAINS INS GROUP LTD		727			1,094,142
WHOLE EARTH BRANDS INC		16,526			56,354
WIDEOPENWEST INC		7,839			31,748
WIDEPOINT CORP		1,899			4,406
WILEY (JOHN) & SONS INC CL A		9,931			315,210
WILEY (JOHN) & SONS INC CL B		435			13,990
WILLAMETTE VALLEY VINEYARD INC		436			2,311
WILLDAN GROUP		1,975			42,463
WILLIS LEASE FINANCE CORP		1,649			80,603
WILLSCOT MOBILE MINI HOLDINGS CORP		58,640			2,609,480
WINNEBAGO INDUSTRIES INC		11,910			868,001
WINTRUST FINANCIAL CORP		17,598			1,632,215
WORLD ACCEPTANCE CORP		692			90,327
WORLD KINECT CORP		25,310			576,562
WORTHINGTON ENTERPRISES INC		14,786			850,934
WORTHINGTON STEEL INC		14,786			415,487
WSFS FINANCIAL CORP		21,204			973,900
XENCOR INC		6,732			142,920
XEROX HOLDINGS CORP		59,186			1,084,879
XPERI INC		6,313			69,569
YELP INC		7,907			374,317
ZAGG INC CVR RT		12,558			0
ZEBRA TECHNOLOGIES CORP CL A		17,627			4,817,988
ZIFF DAVIS INC		2,699			181,346
ZIMVIE INC		958			17,005
ZIONS BANCORP		48,003			2,105,892
ZUMIEZ INC		9,115			185,399
Common Collective Trusts
SPARTAN SMALL—MID CAP V		2,621,859			265,043,679
FID BANK TRST ST INV FUND		5,030,511			5,030,511

SMID Cap Value Account Total					1,057,646,003

PIMCO Total Return Account
Mutual Funds
PIMCO HIGH YIELD PORTFOLIO INSTL CL		2,281,894			16,132,987
PIMCO ASSET BACK SECS PORT-UNL		20,299,840			233,448,161
PIMCO EMMERG MKTS FD INST CL		7,312,014			64,784,441

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
PIMCO INTL PORT FUND(UNLISTED)		15,219,100			93,901,848
PIMCO INV GRD CORP PORT(UNLST)		42,132,393			372,871,678
PIMCO MTG PORT INSTL CL(UNLST)		25,796,175			209,980,865
PIMCO MUNI SECTR PORT INSTL CL		2,898,073			17,910,090
PIMCO REAL RETRN BD FD INST CL		4,678,337			55,999,688
PIMCO SHORT TM FLT NAV PORT II		11,022,077			110,375,079
PIMCO US GOVT SECTOR PORT INST		43,579,093			282,828,315
Common Collective Trusts
SSBK GOVT STIF FUND		442,752			442,752

PIMCO Total Return Account Total					1,458,675,904

International Growth Account
Currency
AUSTRALIAN DOLLAR CURRENCY		112			77
BRAZILIAN REAL		431,840			88,900
BRITISH POUND STERLING CURRENCY		5,695			7,259
CANADIAN DOLLAR		100,573			75,901
DANISH KRONE		9,526			1,411
EURO MONETARY UNIT.		85,699			94,608
HONG KONG DOLLAR		4,726			605
INDIAN RUPEE		22,781,937			273,764
JAPANESE YEN		15,460			110
SOUTH KOREAN WON		492			0
SWEDISH KRONA CURRENCY		577,464			57,254
SWISS FRANC		519			617
TAIWAN DOLLAR		2,023			66
Publicly-traded Common Stock
ACCENTURE PLC CL A		41,022			14,395,030
ACCOR SA		147,389			5,629,769
ACCTON TECHNOLOGY CORP		208,000			3,544,030
ADIDAS AG		19,561			3,976,818
ADVANTEST CORP		65,700			2,235,198
AIA GROUP LTD		1,402,600			12,223,465
AIR LIQUIDE SA		101,556			19,745,297
AIRBUS SE		49,069			7,571,844
AIRTAC INTERNATIONAL GROUP		42,600			1,401,727
ALCHIP TECHNOLOGIES LTD		40,000			4,267,796
ALCON INC		217,561			16,979,614
ALINMA BANK (HSBC) (ELN) 04/04/24		384,933			3,977,640
ALLEGION PLC		87,756			11,117,808

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
AMADEUS IT GROUP SA		115,405			8,265,800
AMBEV SA		591,400			1,671,591
AMDOCS LTD		82,409			7,242,927
AMERICANA RESTAURANTS INTERNATIONAL PLC		844,294			719,526
ANTA SPORTS PRODUCTS LTD		228,019			2,212,005
AON PLC		64,559			18,787,960
APOLLO HOSP ENTERPRISE LTD		28,776			1,972,436
ARGENX SE		4,157			1,770,896
ARM HOLDINGS LTD		53,229			3,999,893
ASHOK LEYLAND LTD (DEMAT)		849,723			1,853,783
ASHTEAD GROUP PLC		146,100			10,171,684
ASIA VITAL COMPONENTS CO LTD		119,000			1,304,561
ASIAN PAINTS LTD (DEMAT)		23,116			945,112
ASML HOLDING NV		33,891			25,830,210
ASPEED TECH INC		5,800			589,542
ASSA ABLOY AB SER B		135,760			3,907,489
ASTRAZENECA PLC		58,850			7,951,394
AXIS BK LTD		231,766			3,069,975
B3 SA BRASIL BOLSA BALCAO		917,500			2,748,194
BAIDU INC CL A		202,950			3,017,544
BAJAJ FINANCE LTD		39,003			3,434,425
BANCO BTG PACTUAL SA US(1CS)		430,700			2,973,123
BANGKOK DUSIT MED SERVICE NVDR		3,531,500			2,867,568
BANK CENTRAL ASIA		5,002,800			3,054,252
BANK RAKYAT INDONESIA TBK PT		13,293,200			4,942,753
BEIGENE LTD SP ADR		6,650			1,199,394
BHARAT ELECTRONICS LTD (DEMAT)		1,505,242			3,331,818
BUNZL PLC		255,970			10,408,082
BUREAU VERITAS SA		137,080			3,460,905
BYD COMPANY LTD H		189,262			5,196,616
CAE INC		361,493			7,802,498
CANADIAN NATL RAILWAY CO		205,595			25,833,877
CAPGEMINI SA (FF40)		23,398			4,875,454
CELLNEX TELECOM SAU		112,816			4,441,211
CEMEX SAB DE CV SPON ADR		326,400			2,529,600
CHINA CONSTRUCTION BANK CORP H		2,991,000			1,781,155
CHINA PETROL & CHEM CORP H		5,626,000			2,946,832
CIE FINANCIERE RICHEMONT SA A		116,050			15,971,449
COGNIZANT TECH SOLUTIONS CL A		20,400			1,540,812
COMMONWEALTH BK OF AUSTRALIA		125,703			9,576,823

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
COMPASS GROUP PLC		356,508			9,751,916
DAIICHI SANKYO CO LTD		173,807			4,772,913
DASSAULT AVIATION SA		22,112			4,374,369
DAVIDE CAMPARI MILANO NV		316,320			3,567,093
DELTA ELECTRONICS IND CO LTD		225,300			2,301,077
DEUTSCHE BOERSE AG		60,132			12,380,378
DIAGEO PLC		441,492			16,072,076
DINO POLSKA SA		11,875			1,390,384
DIXON TECHNOLOGIES INDIA LTD		15,960			1,259,415
DLF LIMITED		183,637			1,602,955
DOLLARAMA INC		55,087			3,969,856
DSV A/S		14,194			2,491,890
E INK HOLDINGS INC		108,000			693,142
EASTROC BEVERAGE GROUP (HSBC)(ELN) WT 11/11/2024		49,800			1,280,168
ECLAT TEXTILE CO LTD		76,500			1,400,652
EISAI CO LTD		67,837			3,392,812
ELM CO (HSBC) (ELN) 02/10/25		8,504			1,848,203
EMAAR PROPERTIES		1,757,806			3,790,572
EMBRAER S A		364,700			1,938,199
ERSTE GROUP BANK AG		129,774			5,262,087
ESSILORLUXOTTICA		96,462			19,338,443
EUROFINS SCIENTIFIC SE		144,934			9,436,793
FERRARI NV		14,014			4,721,675
FINECOBANK SPA		625,656			9,383,064
FIRSTRAND LIMITED		390,675			1,569,961
FLUTTER ENTERTAINMENT PLC		35,216			6,257,398
FOCUS MEDIA INFORMATION TECHNOLOGY CO LTD A (UBS)(		1,403,300			1,249,162
FOMENTO ECONO MEX(FEMSA)SP ADR		37,970			4,949,390
FUTURE CASH COLL MORGAN STANLEY		9,200,235			9,200,235
FUTURES CASH COLLATERAL		1,101,811			1,101,811
GALAXY ENT GROUP LTD		168,000			941,282
GEBERIT AG (REG)		19,402			12,434,074
GLENCORE PLC		798,900			4,807,479
GRUPO FINANCIERO BANORTE SAB		367,900			3,699,582
GRUPO MEXICO SAB DE CV SER B		344,000			1,907,892
H WORLD GROUP LTD ADR		88,181			2,948,773
HALEON PLC		3,571,663			14,643,503
HDFC BANK LTD (DEMAT)		712,818			14,640,961

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
HDFC BANK LTD SPON ADR		157,798			10,589,824
HDFC LIFE INSURANCE CO LTD		203,330			1,580,119
HEINEKEN NV		172,335			17,491,514
HEXAGON AB SER B		792,956			9,508,978
HON HAI PRECISION IND CO LTD		443,698			1,510,554
HONG KONG EXCHS & CLEARING LTD		68,425			2,348,454
HOWDEN JOINERY GROUP PLC		1,202,049			12,465,912
INDIAN HOTELS LTD		399,916			2,106,566
INDITEX SA		297,876			12,966,169
INFINEON TECHNOLOGIES AG		112,570			4,697,468
INTERCONTINENTAL HOTELS GP PLC		231,065			20,881,964
INTERMEDIATE CAPITAL GROUP PLC		168,276			3,604,555
INTERTEK GROUP PLC		317,567			17,187,246
KE HOLDINGS INC SPON ADR		166,200			2,694,102
KERRY GROUP PLC CL A		82,050			7,124,952
KEYENCE CORP		68,366			30,119,829
KIA CORP		11,459			1,142,131
KOMERCNI BANKA AS		39,103			1,266,788
KOREA AEROSPACE INDUSTRIES LTD		30,114			1,162,828
KUAISHOU TECHNOLOGY CLASS B		504,000			3,417,660
LARSEN & TOUBRO LTD		175,011			7,415,373
LAS VEGAS SANDS CORP		91,439			4,499,713
LG ENERGY SOLUTION		7,093			2,341,765
LINDE PLC		41,481			16,893,308
LOCALIZA RENT A CAR SA		261,300			3,421,171
LOCALIZA RENT A CAR SA RT 02/05/2024		937			3,858
LONDON STOCK EXCHANGE GRP PLC		203,108			24,009,608
L’OREAL SA (TEMP)		32,104			15,971,582
L’OREAL SA ORD		23,992			11,935,902
LULULEMON ATHLETICA INC		8,797			4,497,818
LUZHOU LAOJIAO CO LTD WT 08/16/24		28,600			722,749
LVMH MOET HENNESSY LOUIS VUITTON SE		44,101			35,715,535
MERCADOLIBRE INC		4,379			6,881,774
MINISO GROUP HOLDING LTD ADR		61,051			1,245,440
MONCLER SPA		51,081			3,140,971
NANYA TECHNOLOGY CORP		724,000			1,839,778
NATIONAL BANK OF GREECE SA		174,489			1,211,625
NESTLE SA (REG)		332,607			38,561,927
NETEASE INC		116,400			2,095,901
NETEASE INC ADR		4,304			130,610

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
NEW ORIENTAL ED & TECH GR INC—ADR		21,960			1,609,229
NOVO-NORDISK AS CL B		526,499			54,871,051
NU HOLDINGS LTD/CAYMAN ISLANDS		665,500			5,543,615
PARTNERS GROUP HOLDING AG		3,482			5,021,896
PERNOD-RICARD		20,418			3,600,837
PHISON ELECTRONICS CORP		72,200			1,223,131
PING AN INSURANCE CO LTD H		246,500			1,115,935
PRIO SA		193,000			1,829,638
PTT EXPLORATION & PROD NVDR		825,500			3,611,185
PUBLICIS GROUPE SA		35,252			3,268,981
RAIA DROGASIL SA		363,500			2,200,037
RATIONAL AG		9,264			7,153,781
RELIANCE INDS GDR		71,114			4,444,625
RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS		107,161			3,328,697
RHEINMETALL AG ORD		12,530			3,969,926
ROCHE HOLDINGS AG (GENUSSCHEINE)		28,991			8,427,917
RYANAIR HOLDINGS PLC SPON ADR		43,477			5,798,093
S&P GLOBAL INC		40,283			17,745,467
SAMSUNG BIOLOGICS CO LTD		2,992			1,756,113
SAMSUNG ELECTRONICS CO LTD		285,266			17,294,056
SAMSUNG ELECTRONICS CO LTD PFD		365,951			17,607,114
SAMSUNG SDI CO LTD		3,513			1,280,552
SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED		1,110,357			1,360,302
SANDVIK AB		153,913			3,328,203
SAP SE		95,164			14,653,252
SARTORIUS STEDIM BIOTECH		34,714			9,178,244
SCHINDLER HOLDING AG PART CERT		52,986			13,248,862
SCHLUMBERGER LTD		366,451			19,070,110
SCHNEIDER ELECTRIC SE		35,487			7,121,390
SHENZHEN MINDRAY CO LTD A (UBS)(CWT) 02/13/25		31,200			1,277,030
SHIMANO INC		66,100			10,236,124
SHIN-ETSU CHEMICAL CO LTD		411,824			17,282,004
SHOPIFY INC CL A		76,770			5,980,383
SK HYNIX INC		58,032			6,341,634
SMC CORP		7,091			3,810,030
SONY GROUP CORP		47,771			4,543,327
SPIRAX-SARCO ENGINEERING PLC		75,094			10,055,235
SPOTIFY TECHNOLOGY SA		22,958			4,314,038

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
STANTEC INC		65,356			5,247,026
TAIWAN SEMIC MFG CO LTD SP ADR		439,317			45,688,968
TAIWAN SEMICONDUCTOR MFG CO LTD		1,805,390			34,878,523
TECHTRONIC INDUSTRIES CO LTD		1,104,000			13,155,817
TENCENT HOLDINGS LTD		744,957			28,010,421
TIM SA		345,700			1,276,021
TITAN CO LTD		44,191			1,951,775
TOKYO ELECTRON LTD		60,100			10,764,720
TOTVS SA		331,500			2,299,126
TRIP.COM GROUP LTD		46,050			1,637,124
TRIP.COM GROUP LTD ADR		134,840			4,855,588
TVS MOTOR CO LTD		110,227			2,683,304
UBS GROUP AG		439,753			13,646,696
UNICHARM CORP		207,200			7,491,529
UNILEVER PLC ORD		165,993			8,036,340
UNITED MICROELECTRONICS CORP		403,000			690,595
UNIVERSAL MUSIC GROUP NV		625,824			17,831,572
VARUN BEVERAGES LTD		190,381			2,829,720
VESTAS WIND SYSTEMS AS		156,056			4,952,508
WAL MART DE MEXICO SAB DE CV V		481,700			2,030,226
WEG SA		197,900			1,503,724
WEICHAI POWER CO LTD A (HSBC)(CWT) 05/28/25		655,100			1,395,601
WEIR GROUP PLC		489,245			11,764,518
WUXI APPTEC CO LTD A (HSBC)(ELN) WT 02/28/2025		303,460			3,109,888
XP INC CL A		42,400			1,230,504
YAMAHA MOTOR CO LTD		288,396			2,576,133
ZOMATO LTD		2,843,442			4,226,680
Common Collective Trusts
SSBK GOVT STIF FUND		35,613,573			35,613,573

International Growth Account Total					1,462,923,697

International Value Account
Currency
AUSTRALIAN DOLLAR CURRENCY		839,830			572,302
BRAZILIAN REAL		1,658,878			341,502
BRITISH POUND STERLING CURRENCY		584,583			745,139
CANADIAN DOLLAR		638,735			482,046
DANISH KRONE		133,595			19,784
EURO MONETARY UNIT.		685,355			756,597
HONG KONG DOLLAR		2,134,960			273,415

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
ISRAELI SHEKEL		347,392			95,950
JAPANESE YEN		93,156,742			660,686
MALAYSIAN RINGGIT		13,131			2,858
NORWEGIAN KRONA		384,167			37,812
PHILIPPINE PESO		938,826			16,947
POLAND ZLOTY NEW		1			0
SINGAPORE DOLLAR CURRENCY		385,398			292,023
SOUTH KOREAN WON		990,793,721			765,174
SWEDISH KRONA CURRENCY		1,765,228			175,017
SWISS FRANC		226,994			269,893
TAIWAN DOLLAR		33,088,070			1,077,963
Publicly-traded Common Stock
3I GROUP PLC		87,553			2,701,822
ABB LTD		15,733			697,748
ABN AMRO BANK NV-GDR		45,305			679,696
ABSA GROUP LTD		322,696			2,887,990
ACCOR SA		97,559			3,726,429
ACERINOX SA (REGD)		15,250			179,379
AEGON LTD		32,005			185,422
AENA SME SA		5,493			995,102
AGEAS		9,315			318,312
AIA GROUP LTD		51,600			449,687
AIB GROUP PLC		286,300			1,226,316
AIR FRANCE KLM (REGD)		7,260			108,935
ALFA LAVAL AB		29,135			1,165,279
ALIBABA GROUP HOLDING LTD		523,500			5,068,400
ALLIANZ SE (REGD)		47,581			12,708,918
ALROSA CO LTD		1,463,800			705,244
ALTIUM LTD		4,200			134,089
AMBEV SA		1,528,000			4,318,890
AMOREPACIFIC NEW		49,067			5,494,582
AMPOL LTD		22,500			554,274
AMUNDI SA		106,814			7,263,707
ANTOFAGASTA PLC		68,600			1,468,571
ANZ GROUP HOLDINGS LTD		73,820			1,303,896
ARCELORMITTAL SA		178,674			5,064,321
ASM INTERNATIONAL NV (NETH)		160			83,008
ASML HOLDING NV		143			107,616
ASMPT LTD		478,900			4,569,130
ASR NEDERLAND NV		4,689			221,033

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
ASSICURAZIONI GENERALI SPA		24,309			512,700
ASTRA INTL TBK PT (DEMAT)		14,465,200			5,308,072
AUROBINDO PHARMACEUTICALS LTD		235,110			3,062,568
AUTO TRADER GROUP PLC		154,900			1,584,355
AUTOHOME INC ADR CL A		178,883			5,019,457
AVIVA PLC		594,408			3,293,557
AXA SA		80,547			2,490,397
AXIS BK LTD		490,654			6,499,209
AYALA LAND INC		6,715,900			4,176,374
B2GOLD CORPORATION		441,844			1,397,175
BAE SYSTEMS PLC		57,650			458,339
BAIDU INC CL A		558,850			8,309,212
BALOISE HOLDINGS AG		877			137,434
BANCA MEDIOLANUM SPA		156,026			1,469,938
BANCA MONTE DEI PASCH SIEN SPA		284,454			956,514
BANCO BILBAO VIZ ARGENTARIA SA		107,012			971,786
BANCO BPM SPA		248,372			1,310,904
BANCO COMERCIAL PORTUGUE (REG)		2,500,690			757,519
BANCO DE SABADELL SA		829,329			1,018,994
BANCO DO BRASIL SA		153,900			1,754,883
BANCO SANTANDER SA		3,222,796			13,285,673
BANK HAPOALIM LTD (REG)		34,453			309,364
BANK LEUMI LE-ISRAEL BM		36,599			294,264
BANK OF CHINA HONG KONG LTD		2,678,874			7,273,116
BANK OF IRELAND GROUP PLC		332,857			3,019,766
BANK OF MONTREAL		11,119			1,100,194
BANK OF NOVA SCOTIA		23,486			1,045,883
BARCLAYS PLC ORD		1,602,678			3,141,500
BASF SE		138,147			7,439,310
BAWAG GROUP AG		23,255			1,231,760
BAYER AG		67,460			2,504,509
BAYTEX ENERGY CORP		36,800			121,644
BDO UNIBANK INC		1,656,226			3,901,540
BEAZLEY PLC/UK		115,711			769,903
BELLWAY PLC		81,628			2,671,930
BHP GROUP LIMITED		92,400			3,174,115
BIZLINK HOLDING INC		946,038			8,229,097
BLUESCOPE STEEL LTD		154,486			2,463,423
BNP PARIBAS		17,149			1,184,931
BOUYGUES ORD		322,881			12,161,886

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
BP PLC		1,578,116			9,376,820
BPER BANCA		366,871			1,225,552
BRADESCO SA PREF (BANCO BRAESCO)		1,748,800			6,152,625
BREEDON GROUP PLC/UNITED KINGDOM		15,001			69,218
BRIDGESTONE CORP		35,800			1,482,780
BROOKFIELD CORP CL A		7,602			304,929
BW LPG LTD		22,140			329,706
CAIXABANK SA		1,805,837			7,427,981
CAMECO CORP		22,400			965,440
CANADIAN IMP BK OF COMMERCE		17,063			821,569
CANADIAN TIRE LTD A PHYS DELIVERY		19,751			2,097,552
CANADIAN WESTERN BK EDMON ALBT		5,300			123,503
CATHAY FINANCIAL HLDG CO LTD		3,840,439			5,724,062
CENOVUS ENERGY INC		32,200			159,970
CENTERRA GOLD INC		48,600			290,122
CENTRICA PLC		445,677			799,008
CHAILEASE HOLDING CO LTD		498,000			3,131,259
CHALLENGER LTD		64,500			199,017
CHINA HONGXING SPORTS LTD		3,613,000			27
CHINA INTERNATIONAL CAPITAL CORP LTD H		3,447,200			5,059,219
CHINA MENGNIU DAIRY CO LTD		1,790,000			4,813,985
CHINA MERCHANTS BANK CO LTD H		243,000			846,462
CHINA OVERSEAS LAND & INV LTD		889,000			1,566,580
CHINA PETROL & CHEM CORP H		10,338,000			5,414,922
CHUBU ELECTRIC POWER CO INC		86,700			1,120,029
CHUGOKU ELECTRIC POWER		156,600			1,117,857
CK HUTCHISON HOLDINGS LTD		1,256,500			6,734,267
COCHLEAR LTD		11,400			2,320,227
COLRUYT NV NPV		5,614			536,575
COMFORTDELGRO CORP LTD		83,000			88,047
COMMERZBANK AG		180,232			2,140,886
COMMONWEALTH BK OF AUSTRALIA		8,209			625,412
CONCORDIA FINANCIAL GROUP LTD		39,600			181,037
CONSTELLATION SOFTWARE INC		50			123,968
CONSTELLATION SOFTWARE INC WT 08/22/28		190			0
CONTINENTAL AG		59,386			5,042,812
COVESTRO AG		75,482			4,389,738
CREDIT AGRICOLE SA		34,084			483,583
CREDIT SAISON CO LTD		36,400			671,077
D/S NORDEN A/S		4,850			230,552

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
DAICEL CORP		195,800			1,896,899
DAI-ICHI LIFE HOLDINGS INC		21,300			451,983
DAIMLER TRUCK HOLDING AG		274,112			10,294,654
DAITO TRUST CONSTRUCTION		21,000			2,435,106
DAIWA SECURITIES GROUP INC		33,100			222,803
DANSKE BK AS		233,235			6,230,929
DASSAULT AVIATION SA		1,971			389,919
DBS GROUP HOLDINGS LTD		35,421			896,697
DELEK GROUP LTD		866			111,941
DEUTSCHE BANK AG		190,395			2,598,747
DEUTSCHE TELEKOM AG (REGD)		109,000			2,617,189
DEXCO SA		3,639,780			6,046,818
D’IETEREN SA		10,393			2,029,636
DNB BANK ASA		155,102			3,297,477
DOLLARAMA INC		17,500			1,498,956
DRAX GROUP PLC		150,694			940,626
DUNDEE PRECIOUS METALS INC		107,300			686,694
DUNI AB		66,200			681,293
E.ON SE		40,010			536,654
EIFFAGE SA (FORM FOUGEROLLE)		18,204			1,949,744
ENEL (ENTE NAZ ENERG ELET) SPA		2,627,672			19,522,508
ENEOS HOLDINGS INC		631,700			2,965,748
ENI SPA		103,300			2,605,899
ENN ENERGY HOLDINGS LTD		496,000			3,652,430
EQUINOR ASA		25,843			819,430
ERSTE GROUP BANK AG		15,924			873,568
EURAZEO SE		1,297			102,876
EVOLUTION MINING LTD		35,300			95,259
EVONIK INDUSTRIES AG		470,957			9,618,390
EXOR NV		2,906			290,331
FAIRFAX FINL HLDGS LTD SUB VTG		1,526			1,407,909
FIBRA UNO ADMINISTRACION SA		2,010,000			3,618,497
FINANCIAL PARTNERS GROUP CO LTD		29,600			353,101
FINNING LTD		35,390			1,023,467
FIRST ABU DHABI BANK PJSC		755,102			2,870,117
FIRST QUANTUM MINERALS INC		40,700			333,267
FLATEX AG		63,000			776,861
FOCUS MEDIA INFORMATION TECHNOLOGY CO LTD A		3,030,700			2,697,807
FREENET AG		38,264			1,070,401
FRESENIUS MEDICAL CARE AG		99,366			4,164,026

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
FUJIFILM HOLDINGS CORP		143,600			8,629,240
FUJITSU LTD		43,900			6,623,918
FUKUOKA FINANCIAL GROUP INC		89,000			2,100,021
FUTURES CASH COLLATERAL		2,833,000			2,833,000
GALAXY ENT GROUP LTD		681,000			3,815,554
GBL (GROUPE BRUXELLES LAMB) SA		1,433			112,667
GENMAB AS		2,810			1,055,368
GOODMAN GROUP STAPLED UNIT		87,200			1,503,388
GREAT WALL MOTOR CO LTD H		4,180,000			5,428,085
GREAT WEST LIFECO INC		7,708			255,140
GREENCORE GROUP PLC		749,900			921,927
GROWTHPOINT PROPERTIES INC		4,585,134			2,927,668
GRUPO FINANCIERO BANORTE SAB		469,900			4,725,289
GSK PLC		527,060			9,742,691
H&R REAL ESTATE INVT TR US		46,800			349,662
HAIER SMART HOME CO LTD		2,137,400			6,035,688
HANG LUNG PROPERTIES LTD		3,767,000			5,248,762
HANG SENG BANK LTD		28,474			332,017
HANNOVER RUECKVERSICHERUNGS SE(REGD)		15,705			3,750,109
HEADHUNTER GROUP INC ADR		119,484			325,209
HEIDELBERG MATERIALS AG		15,412			1,377,119
HELVETIA HOLDING AG		1,085			149,517
HITACHI LTD		108,100			7,797,000
HIWIN TECHNOLOGIES CORP		765,864			5,863,432
HL MANDO CO LTD		197,096			5,989,626
HON HAI PRECISION IND CO LTD		1,198,753			4,081,110
HONDA MOTOR CO LTD		751,000			7,808,270
HSBC HOLDINGS PLC		909,695			7,368,894
IA FINANCIAL CORP INC		2,877			196,128
IDEMITSU KOSAN CO LTD		135,500			737,562
IGM FINANCIAL INC		2,245			59,317
IIDA GROUP HOLDINGS CO LTD		77,600			1,162,074
IMPERIAL BRANDS PLC		427,280			9,838,785
INCHCAPE PLC		179,304			1,635,274
INDITEX SA		13,047			567,920
INDUSIND BANK LTD (DEMAT)		381,048			7,321,497
INDUSTRIVARDEN AB SER C		7,970			259,423
INFORMA PLC		249,175			2,481,176
ING GROEP NV		425,665			6,356,042
INTESA SANPAOLO SPA		1,215,184			3,546,262

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
INVESTOR AB SER B		18,145			420,071
IPSEN PROMESSES		4,146			621,906
IPSOS SA		30,000			1,879,475
ISRAEL DISCOUNT BANK LTD CL A		36,631			183,127
ISUZU MOTORS LTD		97,700			1,258,321
ITOCHU CORP		63,300			2,589,015
IVECO GROUP NV		89,600			805,753
IYOGIN HOLDINGS INC		44,100			499,799
J FRONT RETAILING CO LTD		34,800			316,655
JAMES HARDIE INDUSTRES PLC CDI		35,806			1,239,774
JAPAN PETROLEUM EXPLRN CO LTD		18,800			535,149
JAPAN POST HOLDINGS CO LTD		61,600			550,250
JAPAN POST INSURANCE CO LTD		7,400			131,416
JARDINE MATHESON HLD		43,000			1,772,030
JAZZ PHARMA PLC		18,800			2,312,400
JD.COM INC CL A		343,750			4,952,536
JERONIMO MARTINS & FILHO SGPS		64,480			1,640,049
JULIUS BAER GRUPPE AG		82,171			4,606,578
JYSKE BANK AS (REG)		10,907			781,760
KANSAI ELECTRIC POWER CO INC		223,900			2,972,630
KAO CORP		140,800			5,791,773
KASIKORNBANK PCL (FOR)		943,400			3,726,672
KBC GROUPE SA		6,579			426,477
KDDI CORP		81,500			2,592,972
KERING		12,193			5,370,724
KIA CORP		38,000			2,934,680
KINGFISHER PLC		1,550,752			4,809,228
KINROSS GOLD CORP		151,900			918,995
KLEPIERRE SA		3,760			102,443
KOKUYO CO LTD		24,700			401,857
KOMATSU LTD		194,800			5,095,194
KONGSBERG GRUPPEN ASA		16,769			768,147
KONINKLIJKE AHOLD DELHAIZE NV		80,100			2,300,413
KONINKLIJKE PHILIPS NV		678,499			15,793,276
KOREA INVESTMENT HLDGS CO LTD		127,613			6,041,330
KURITA WATER INDUSTRIES LTD		3,900			152,681
KYOCERA CORP		353,200			5,155,217
KYUSHU ELEC POWER CO INC		139,400			1,009,414
LARGAN PRECISION CO LTD		85,000			7,947,548
LAWSON INC		32,700			1,689,036

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
LEGRAND SA		28,396			2,949,825
LEONARDO SPA		33,330			462,969
LG ELECTRONICS INC		30,900			2,429,313
LG UPLUS CORP		228,485			1,805,138
LINDE PLC		7,844			3,221,609
LLOYDS BANKING GROUP PLC		18,585,065			11,302,238
LOGITECH INTL SA REG		16,220			1,538,205
LOOMIS AB		52,600			1,395,567
LUNDIN MINING CORP		380,400			3,111,985
MAGNA INTL INC		135,988			8,034,701
MANULIFE FINANCIAL CORP		158,862			3,510,418
MARKS & SPENCER GROUP PLC		51,100			177,427
MARUBENI CORP		162,000			2,560,404
MAZDA MOTOR CORP		215,500			2,328,470
MEDIA TEK INC		317,000			10,482,326
MEDIOBANCA SPA		17,722			219,217
MEDTRONIC PLC		30,330			2,498,585
METHANEX CORP		64,000			3,027,448
MICHELIN CL B (REG)		321,585			11,523,747
MINEBEA MITSUMI INC		152,700			3,139,014
MITSUBISHI ELECTRIC CORP ORD		517,200			7,332,502
MITSUBISHI HC CAPITAL INC		28,800			193,389
MITSUBISHI UFJ FINL GRP INC		643,200			5,526,502
MITSUI & CO LTD		69,100			2,757,966
MIZRAHI TEFAHOT BANK LTD		4,539			175,515
MIZUHO FINANCIAL GROUP INC		89,120			1,524,837
MONDI PLC		141,193			2,773,965
MORINAGA & CO LTD		7,000			127,018
MORINAGA MILK IND CO LTD		31,300			605,577
MS&AD INSURANCE GRP HLDGS INC		102,600			4,035,600
MUNICH REINSURANCE (REG)		12,939			5,357,932
NATIONAL AUSTRALIA BANK LTD		12,044			251,967
NATIONAL BANK OF CANADA DTC ELIGIBLE		36,653			2,793,821
NATWEST GROUP PLC		1,261,833			3,528,820
NEXON CO LTD		31,800			384,514
NEXT PLC		34,600			3,580,273
NGK INSULATORS LTD		7,300			87,263
NIKON CORP		25,300			163,362
NISSHIN SEIFUN GROUP INC		16,100			216,779
NN GROUP NV		46,873			1,698,231

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
NOKIA OYJ		1,351,908			4,554,923
NOMAD FOODS LTD		50,400			854,280
NOMURA HOLDINGS INC		80,600			364,529
NORDEA BANK ABP		231,937			2,869,358
NORTHERN STAR RESOURCES LTD		287,000			2,443,581
NOVARTIS AG (REG)		199,785			20,278,284
NOVO-NORDISK AS CL B		27,782			2,775,983
OLYMPUS CORP		167,800			2,428,340
ONO PHARMACEUTICAL CO LTD		40,200			717,328
OPEN TEXT CORPORATION		69,700			2,929,394
ORICA LTD		63,800			984,126
ORIX CORP		27,700			521,782
ORKLA ASA		43,633			338,589
OSB GROUP PLC		111,950			662,971
OTP BANK (REG)		113,855			5,185,469
OVERSEA-CHINESE BKG CORP LTD		109,699			1,080,574
PALADIN ENERGY LTD		256,200			171,969
PANDORA A/S		1,739			240,324
PERSEUS MINING LTD		746,400			940,973
PETRONAS CHEMICALS GROUP BHD		2,610,300			4,067,410
PHOENIX GROUP HOLDINGS PLC		26,567			181,238
PING AN INSURANCE CO LTD H		778,000			3,522,098
POPULAR INC		34,500			2,831,415
POSTE ITALIANE SPA		16,260			184,439
POWER CORP OF CANADA SUB VTG		14,936			427,097
PSP SWISS PROPERTY AG		4,108			574,402
PTT EXPLORATION & PROD (FOR)		1,960,300			8,575,416
PUBLIC BANK BHD (LOC) (MLAY)		4,184,400			3,906,654
PUBLICIS GROUPE SA		45,460			4,215,588
QBE INSURANCE GROUP LTD		63,597			641,838
RAIFFEISEN BANK INTERNTNL AG		62,312			1,284,297
RANDSTAD NV		119,467			7,480,551
RECKITT BENCKISER GROUP PLC		68,493			4,731,909
RELX PLC		50,010			1,982,477
REPSOL SA		38,633			573,628
RESONA HOLDINGS INC		820,000			4,166,879
REXEL SA		233,389			6,381,985
RHEINMETALL AG ORD		295			93,466
RIOCAN REAL ESTATE INV TR UNIT		35,700			673,105
ROCHE HOLDINGS AG (GENUSSCHEINE)		25,481			8,086,916

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
ROLLS-ROYCE HOLDINGS PLC		85,325			325,952
ROUND ONE CORP		62,900			248,923
ROYAL BANK OF CANADA		21,281			2,152,110
RUSSEL METALS INC		2,600			203,902
RWE AG		13,710			623,266
SAAB AB CL B		3,500			210,846
SAINSBURY (J) PLC		1,421,398			5,482,461
SAMSUNG ELECTRONICS CO LTD		53,790			3,260,982
SANDOZ GROUP AG		5,520			177,601
SANDS CHINA LTD		1,605,600			4,698,464
SANOFI		164,223			16,272,948
SANTEN PHARMACEUTICAL CO LTD		162,300			1,617,245
SBI HOLDINGS INC		9,400			211,467
SCHRODERS PLC (NEW) ORD		15,782			86,481
SCOR SE		33,164			968,738
SCOUT24 SE		26,511			1,877,759
SECOM CO LTD		83,500			6,013,777
SECURE ENERGY SERVICES INC		26,200			101,769
SEKISUI CHEMICAL CO LTD		40,700			586,686
SEKISUI HOUSE LTD		123,800			2,663,311
SEVEN GROUP HOLDINGS LTD		33,600			844,889
SHELL PLC		674,624			22,152,890
SHIBAURA MACHINE CO LTD		29,500			584,028
SHIBAURA MECHATRONICS CORP		1,900			80,043
SHINHAN FINANCIAL GROUP CO LTD		288,729			8,952,682
SIAM CEMENT CO LTD (FOR)		167,600			2,395,172
SIBANYE STILLWATER LTD		3,454,974			4,702,958
SIEMENS AG (REGD)		7,928			1,487,159
SINGAPORE TELECOM LTD (SING)		4,065,700			7,649,654
SINO BIOPHARMACEUTICAL LTD		10,485,000			4,659,403
SK HYNIX INC		160,414			17,529,757
SK TELECOM LTD		130,786			5,060,299
SKANDINAVISKA ENSKI BK SER A		37,300			513,307
SKF AB SER B		146,600			2,925,881
SMITHS GROUP PLC		44,794			920,583
SMURFIT KAPPA GROUP PLC		70,466			2,791,139
SNAM SPA		1,919,074			9,861,905
SOCIETE GENERALE SA CL A		28,933			767,373
SOJITZ CORPORATION		62,600			1,606,053
SOMPO HOLDINGS INC		46,600			2,279,104

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
SONY GROUP CORP		141,300			13,438,532
SOPRA STERIA GROUP		1,386			302,649
SPAREBANK 1 SR BK CAP CERTS		170,888			2,168,079
SPAREBANKEN VEST AS		79,385			854,804
SPECTRIS PLC		22,840			963,862
SSAB AB—CL B		164,800			1,423,749
SSE PLC		310,333			7,341,704
ST GOBAIN CIE DE		146,405			10,773,842
STANDARD CHARTERED PLC		478,260			4,063,688
STOREBRAND ASA CL A		78,810			698,437
SUBARU CORP		280,400			5,142,655
SUMITOMO MITSUI FINL GROUP INC		79,900			3,898,667
SUMITOMO MITSUI TR HLDGS INC		22,600			433,728
SUMITOMO RUBBER INDUSTRIES LTD		95,000			1,032,199
SUN LIFE FINANCIAL INC		11,454			594,030
SUNCORP GROUP LTD		80,135			756,321
SUZUKEN CO LTD		19,100			632,467
SVENSKA HANDELSBANKEN SER A		25,356			275,154
SWEDBANK AB A		67,181			1,354,137
SWIRE PACIFIC LTD CL A		243,000			1,879,260
SWISS RE LTD		21,996			2,473,030
SYDBANK AS		16,200			617,835
T&D HOLDINGS INC		86,600			1,376,080
TAIWAN SEMICONDUCTOR MFG CO LTD		407,000			7,862,877
TAKEDA PHARMACEUTICAL CO LTD		319,500			9,186,191
TALANX AKTIENGESELLSCHAFT		1,991			142,098
TCS GROUP HOLDING PLC GDR		42,529			714,487
TDK CORP		27,500			1,310,053
TECHNOLOGY ONE LIMITED		103,600			1,085,095
TECNOGLASS INC		6,300			287,973
TEEKAY CORP		42,580			304,447
TEEKAY TANKERS LTD CL A		22,775			1,138,067
TEIJIN LTD		116,400			1,103,323
TELE2 AB B SHS		82,181			752,026
TELEPERFORMANCE		55,186			8,044,827
TELSTRA GROUP LTD		581,800			1,258,330
TEMENOS AG		15,096			1,403,970
TENARIS SA (ITALY)		71,999			1,953,302
TESCO PLC		4,458,115			16,507,768
THAI BEVERAGE PUBLIC CO LTD		10,479,700			4,168,852

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023



Identity of Issue, Borrower, Lessor, or Similar Party	Shares or Units		Cost *	Current Value
THAI UNION GROUP PCL (FOR)		9,765,500			4,286,247
THYSSENKRUPP AG COMM		206,939			1,538,375
TIM SA		1,539,200			5,681,377
TINGYI (CAYMAN ISL) HLDG CORP		3,596,000			4,384,186
TISCO FINANCIAL GROUP PCL(FOR)		267,900			781,947
TOHOKU ELECTRIC POWER INC		196,100			1,211,886
TOKIO MARINE HOLDINGS INC		39,500			988,621
TOKYO ELECTRON LTD		8,500			1,522,465
TORAY INDUSTRIES INC		658,700			3,424,773
TORONTO-DOMINION BANK		70,513			4,556,298
TOTALENERGIES SE		52,680			3,582,415
TOYODA GOSEI CO		47,200			885,586
TOYOTA INDUSTRIES CORP		101,500			8,278,369
TRAVIS PERKINS PLC		374,785			3,958,385
TREVI FINANZIARIA IND SPA		137,907			47,576
TUI AG (GB)		150,011			1,169,831
UBS GROUP AG		221,706			6,880,122
UNICREDIT SPA		70,302			1,906,487
UNIPOL GRUPPO SPA		134,939			768,962
UNITED OVERSEAS BANK (LOC)		591,254			12,745,729
UPL LTD		582,442			4,110,182
VERMILION ENERGY INC		31,000			373,860
VIBRA ENERGIA SA		1,394,700			6,534,785
VINCI SA		27,429			3,505,874
VIVENDI		20,900			223,250
VODAFONE GROUP PLC		2,059,749			1,800,015
VOLKSWAG PFD PERP		28,355			3,499,620
VOPAK (KON) NV		29,861			831,402
WARTSILA		5,810			84,183
WEICHAI POWER CO LTD H		3,683,000			5,983,521
WESTON GEORGE LTD		2,300			285,536
WESTPAC BANKING CORP		79,658			1,243,079
WH GROUP LTD		7,589,787			4,898,832
WHITBREAD PLC		19,235			896,374
WHITECAP RESOURCES INC		97,000			564,312
WOLTERS KLUWER NV		6,537			445,700
WORLDLINE SA		7,231			125,088
WPP PLC NEW (UK)		770,946			7,399,628
WSP GLOBAL INC		600			84,106
XINYI GLASS HOLDING CO LTD		2,723,000			3,054,810

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

EMPLOYER ID 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2023

Identity of Issue, Borrower, Lessor, or Similar Party

Shares or Units

Cost *

Current Value

YARA INTERNATIONAL ASA

75,000

2,666,365

ZURICH INSURANCE GROUP AG

1,847

965,390

Common Collective Trusts

FID BANK TRST ST INV FUND

2,171,554

SSBK GOVT STIF FUND

69,596,319

International Value Account Total

1,319,030,741

Total Investments

52,943,036,579

Participant Loans** Interest 3.25%-10.00%, maturing through October 2046

236,839,722

Total

53,179,876,301

*	Information not presented because investments are participant directed

**	Party-in-interest

MICROSOFT CORPORATION

SAVINGS PLUS 401(k) PLAN

Employer ID No: 91-1144442, PLAN 001

SUPPLEMENTAL SCHEDULE OF DELINQUENT PARTICIPANT CONTRIBUTIONS

YEAR ENDED DECEMBER 31, 2023


Participant Contributions Transferred Late to Plan	Total That Constitute Non-exempt Prohibited Transactions			Total Fully Corrected VFCP and PTE 2002-51
Check here if Late Participant Loan Repayments are included: ☒	Contributions Not Corrected	Contributions Corrected Outside VFCP	Contributions Pending Correction in VFCP	Total Fully Corrected VFCP and PTE 2002-51
$ 36,284	$ 0	$ 36,284*	$ 0	$ 0

*	Represents delinquent participant contributions and loan repayments from 2022 pay periods corrected in 2023.