N-CSR 1 main.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-5251

Fidelity Concord Street Trust
(Exact name of registrant as specified in charter)

245 Summer St., Boston, Massachusetts 02210
(Address of principal executive offices) (Zip code)

Scott C. Goebel, Secretary

245 Summer St.

Boston, Massachusetts 02210
(Name and address of agent for service)

Registrant's telephone number, including area code: 617-563-7000

Date of fiscal year end:	February 28

Date of reporting period:	February 28, 2013

Item 1. Reports to Stockholders

Spartan®

500 Index

Fund -

Investor Class

Fidelity Advantage® Class

Annual Report

February 28, 2013

(Fidelity Cover Art)

Performance	(Click Here)	How the fund has done over time.
Management's Discussion of Fund Performance	(Click Here)	The Portfolio Manager's review of fund performance and strategy.
Shareholder Expense Example	(Click Here)	An example of shareholder expenses.
Investment Changes	(Click Here)	A summary of major shifts in the fund's investments over the past six months.
Investments	(Click Here)	A complete list of the fund's investments with their market values.
Financial Statements	(Click Here)	Statements of assets and liabilities, operations, and changes in net assets, as well as financial highlights.
Notes	(Click Here)	Notes to the financial statements.
Report of Independent Registered Public Accounting Firm	(Click Here)
Trustees and Officers	(Click Here)
Distributions	(Click Here)

To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov. You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.

Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.

Other third-party marks appearing herein are the property of their respective owners.

This report and the financial statements contained herein are submitted for the general information of the shareholders of the fund. This report is not authorized for distribution to prospective investors in the fund unless preceded or accompanied by an effective prospectus.

A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SEC's web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SEC's Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330. For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.advisor.fidelity.com, or http://www.401k.com, as applicable.

NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE

Neither the fund nor Fidelity Distributors Corporation is a bank.

Annual Report

Performance: The Bottom Line

Average annual total return reflects the change in the value of an investment, assuming reinvestment of the class' distributions from dividend income and capital gains (the profits earned upon the sale of securities that have grown in value, if any) and assuming a constant rate of performance each year. The $10,000 table and the fund's returns do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. During periods of reimbursement by Fidelity, a fund's total return will be greater than it would be had the reimbursement not occurred. How a fund did yesterday is no guarantee of how it will do tomorrow.

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Investor Class	13.36%	4.89%	8.16%
Fidelity Advantage® Class^A	13.39%	4.92%	8.19%

^AThe initial offering of Fidelity Advantage® Class took place on October 14, 2005. Returns prior to October 14, 2005, are those of Investor Class.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan® 500 Index Fund - Investor Class on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period.

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Annual Report

Management's Discussion of Fund Performance

Market Recap: U.S. stock markets posted solid gains for the year ending February 28, 2013, sparked by a late-period rally that pushed major equity benchmarks to multiyear highs. Improvement in the global economy and more monetary stimulus from the U.S. Federal Reserve kept markets on the upswing for much of the year, shrugging off an early decline brought on by debt woes in Europe, and another dip later in the period amid Congressional gridlock on the federal budget. Renewed optimism over employment, the housing market, corporate earnings and record dividends made stocks a favorite with investors during the 12 months, which helped push the broad-based S&P 500® Index across the milestone 1,500 mark at the end of January. The S&P 500® finished the period up 13.46%, with the blue-chip-laden Dow Jones Industrial Average^SM following suit, rising 11.51% and nearing an all-time high by period end. The technology-heavy Nasdaq Composite Index® also hit a multiyear high, despite adding a more modest 7.96%. Elsewhere, gains were broad-based, with seven of the 10 sectors in the S&P 500® posting a double-digit advance, led by telecommunication services and health care, while materials, tech and energy showed single-digit returns. Outside the U.S., foreign developed-markets stocks rose strongly, despite the headwind of a stronger U.S. dollar, with the MSCI® EAFE® Index adding 9.99%.

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® 500 Index Fund: For the year, the fund's Investor Class and Fidelity Advantage® Class shares gained 13.36% and 13.39%, respectively, in line with the S&P 500® Index. Amid a strong backdrop for equities, all 10 sectors in the index generated positive performance. The fund's leading individual contributor in absolute terms was pharmaceutical maker Pfizer. Industrial conglomerate General Electric and Internet search leader Google both added value, as did several financials positions - insurance-focused conglomerate Berkshire Hathaway and global financial institutions JPMorgan Chase and Bank of America. Telecommunication services provider AT&T also helped. By far, the biggest individual detractor was personal electronics and computer manufacturer Apple, whose negative impact was magnified by the company's large representation in the benchmark. Several other notable technology stocks held back results, including microprocessor company Intel and software manufacturer Microsoft. In the energy sector, Occidental Petroleum and Apache saw their shares return -19% and roughly -31%, respectively, while Caterpillar, a manufacturer of construction equipment and other heavy machinery, further hampered results as well.

The views expressed above reflect those of the portfolio manager(s) only through the end of the period as stated on the cover of this report and do not necessarily represent the views of Fidelity or any other person in the Fidelity organization. Any such views are subject to change at any time based upon market or other conditions and Fidelity disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a Fidelity fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any Fidelity fund.

Annual Report

Shareholder Expense Example

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.

The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2012 to February 28, 2013).

Actual Expenses

The first line of the accompanying table for each class of the Fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class of the Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.

Hypothetical Example for Comparison Purposes

The second line of the accompanying table for each class of the Fund provides information about hypothetical account values and hypothetical expenses based on a Class' actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Class' actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.

Annual Report

Shareholder Expense Example - continued

	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Investor Class	.095%
Actual		$ 1,000.00	$ 1,088.90	$ .49
Hypothetical^A		$ 1,000.00	$ 1,024.32	$ .48
Fidelity Advantage Class	.060%
Actual		$ 1,000.00	$ 1,089.30	$ .31
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30
Institutional Class	.040%
Actual		$ 1,000.00	$ 1,089.20	$ .21
Hypothetical^A		$ 1,000.00	$ 1,024.60	$ .20
Fidelity Advantage Institutional Class	.020%
Actual		$ 1,000.00	$ 1,089.50	$ .10
Hypothetical^A		$ 1,000.00	$ 1,024.70	$ .10

^A 5% return per year before expenses

* Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

Annual Report

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Apple, Inc.	3.0	4.8
Exxon Mobil Corp.	3.0	3.2
General Electric Co.	1.8	1.7
Chevron Corp.	1.7	1.7
IBM Corp.	1.6	1.7
Google, Inc. Class A	1.6	1.4
Johnson & Johnson	1.5	1.4
Microsoft Corp.	1.5	1.8
Procter & Gamble Co.	1.5	1.4
AT&T, Inc.	1.5	1.7
	18.7
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Information Technology	18.0	20.0
Financials	15.7	14.2
Health Care	12.1	11.7
Consumer Discretionary	11.3	10.9
Energy	11.0	11.1
Consumer Staples	10.7	11.0
Industrials	10.2	10.0
Materials	3.4	3.3
Utilities	3.4	3.5
Telecommunication Services	3.0	3.2

Annual Report

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 98.8%
	Shares		Value (000s)
CONSUMER DISCRETIONARY - 11.3%
Auto Components - 0.3%
BorgWarner, Inc. (a)(d)	455,394		$ 33,886
Delphi Automotive PLC	1,149,118		48,091
Johnson Controls, Inc.	2,660,675		83,731
The Goodyear Tire & Rubber Co. (a)	953,158		12,372
			178,080
Automobiles - 0.4%
Ford Motor Co.	14,835,160		187,071
Harley-Davidson, Inc.	880,376		46,334
			233,405
Distributors - 0.1%
Genuine Parts Co.	603,617		42,875
Diversified Consumer Services - 0.1%
Apollo Group, Inc. Class A (non-vtg.) (a)(d)	389,270		6,567
H&R Block, Inc. (d)	1,055,608		26,242
			32,809
Hotels, Restaurants & Leisure - 1.8%
Carnival Corp. unit	1,734,866		62,056
Chipotle Mexican Grill, Inc. (a)(d)	122,551		38,823
Darden Restaurants, Inc. (d)	500,413		23,154
International Game Technology	1,035,401		16,504
Marriott International, Inc. Class A	957,663		37,780
McDonald's Corp.	3,906,500		374,633
Starbucks Corp.	2,893,365		158,614
Starwood Hotels & Resorts Worldwide, Inc. (d)	762,551		46,005
Wyndham Worldwide Corp.	545,782		32,878
Wynn Resorts Ltd. (d)	309,179		36,143
Yum! Brands, Inc. (d)	1,757,999		115,114
			941,704
Household Durables - 0.3%
D.R. Horton, Inc. (d)	1,086,532		24,230
Garmin Ltd. (d)	424,834		14,589
Harman International Industries, Inc.	263,936		11,204
Leggett & Platt, Inc. (d)	549,724		16,811
Lennar Corp. Class A (d)	638,752		24,649
Newell Rubbermaid, Inc.	1,119,060		26,119
PulteGroup, Inc. (a)(d)	1,322,792		25,371
Whirlpool Corp.	302,932		34,216
			177,189
Common Stocks - continued
	Shares		Value (000s)
CONSUMER DISCRETIONARY - continued
Internet & Catalog Retail - 1.1%
Amazon.com, Inc. (a)	1,409,980		$ 372,615
Expedia, Inc.	362,095		23,116
Netflix, Inc. (a)(d)	216,131		40,650
priceline.com, Inc. (a)	194,026		133,408
TripAdvisor, Inc. (a)(d)	426,475		19,388
			589,177
Leisure Equipment & Products - 0.1%
Hasbro, Inc. (d)	449,938		18,007
Mattel, Inc. (d)	1,335,138		54,407
			72,414
Media - 3.4%
Cablevision Systems Corp. - NY Group Class A	839,618		11,746
CBS Corp. Class B	2,299,248		99,764
Comcast Corp. Class A	10,339,476		411,408
DIRECTV (a)	2,350,704		113,233
Discovery Communications, Inc. (a)(d)	929,399		68,153
Gannett Co., Inc.	894,106		17,945
Interpublic Group of Companies, Inc.	1,678,542		21,452
News Corp. Class A	7,845,463		225,949
Omnicom Group, Inc.	1,027,935		59,137
Scripps Networks Interactive, Inc. Class A	338,187		21,323
The Walt Disney Co. (d)	6,895,370		376,418
Time Warner Cable, Inc.	1,174,209		101,440
Time Warner, Inc.	3,684,248		195,891
Viacom, Inc. Class B (non-vtg.)	1,797,664		105,091
Washington Post Co. Class B (d)	17,512		6,979
			1,835,929
Multiline Retail - 0.8%
Dollar General Corp. (a)	1,021,755		47,348
Dollar Tree, Inc. (a)	884,064		39,946
Family Dollar Stores, Inc.	372,699		21,449
J.C. Penney Co., Inc. (d)	554,506		9,743
Kohl's Corp. (d)	823,375		37,958
Macy's, Inc.	1,538,028		63,213
Nordstrom, Inc. (d)	591,714		32,083
Target Corp. (d)	2,532,254		159,431
			411,171
Specialty Retail - 2.2%
Abercrombie & Fitch Co. Class A	309,581		14,436
Common Stocks - continued
	Shares		Value (000s)
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
AutoNation, Inc. (a)	151,611		$ 6,636
AutoZone, Inc. (a)(d)	143,703		54,629
Bed Bath & Beyond, Inc. (a)(d)	891,811		50,610
Best Buy Co., Inc. (d)	1,039,252		17,054
CarMax, Inc. (a)(d)	890,316		34,197
GameStop Corp. Class A (d)	471,514		11,816
Gap, Inc. (d)	1,156,566		38,074
Home Depot, Inc.	5,817,777		398,518
Limited Brands, Inc.	931,312		42,393
Lowe's Companies, Inc.	4,376,146		166,950
O'Reilly Automotive, Inc. (a)	445,997		45,376
PetSmart, Inc. (d)	418,188		27,228
Ross Stores, Inc.	865,289		50,152
Staples, Inc. (d)	2,622,092		34,559
Tiffany & Co., Inc. (d)	463,685		31,141
TJX Companies, Inc.	2,837,541		127,604
Urban Outfitters, Inc. (a)	425,808		17,254
			1,168,627
Textiles, Apparel & Luxury Goods - 0.7%
Coach, Inc.	1,103,843		53,349
Fossil, Inc. (a)(d)	210,189		21,601
NIKE, Inc. Class B	2,840,036		154,668
PVH Corp.	303,936		37,035
Ralph Lauren Corp.	238,500		41,373
VF Corp.	342,899		55,296
			363,322
TOTAL CONSUMER DISCRETIONARY			6,046,702
CONSUMER STAPLES - 10.7%
Beverages - 2.4%
Beam, Inc.	619,113		37,784
Brown-Forman Corp. Class B (non-vtg.)	589,736		38,698
Coca-Cola Enterprises, Inc.	1,049,900		37,565
Constellation Brands, Inc. Class A (sub. vtg.) (a)	589,274		26,069
Crimson Wine Group Ltd. (a)	7,708		62
Dr. Pepper Snapple Group, Inc.	809,769		35,322
Molson Coors Brewing Co. Class B	606,393		26,809
Monster Beverage Corp. (a)	580,120		29,255
Common Stocks - continued
	Shares		Value (000s)
CONSUMER STAPLES - continued
Beverages - continued
PepsiCo, Inc.	6,018,846		$ 456,048
The Coca-Cola Co.	15,008,613		581,133
			1,268,745
Food & Staples Retailing - 2.3%
Costco Wholesale Corp.	1,682,572		170,428
CVS Caremark Corp.	4,850,912		247,979
Kroger Co.	1,999,209		58,397
Safeway, Inc. (d)	932,288		22,244
Sysco Corp. (d)	2,287,156		73,555
Wal-Mart Stores, Inc.	6,508,201		460,650
Walgreen Co.	3,342,740		136,852
Whole Foods Market, Inc.	671,350		57,481
			1,227,586
Food Products - 1.8%
Archer Daniels Midland Co.	2,562,495		81,641
Campbell Soup Co. (d)	697,339		28,702
ConAgra Foods, Inc.	1,585,716		54,089
Dean Foods Co. (a)	720,745		11,964
General Mills, Inc. (d)	2,510,583		116,114
H.J. Heinz Co.	1,247,688		90,370
Hormel Foods Corp. (d)	521,666		19,516
Kellogg Co.	962,285		58,218
Kraft Foods Group, Inc.	2,305,067		111,727
McCormick & Co., Inc. (non-vtg.) (d)	515,620		34,686
Mead Johnson Nutrition Co. Class A	789,967		59,176
Mondelez International, Inc.	6,914,692		191,191
The Hershey Co. (d)	581,885		48,494
The J.M. Smucker Co. (d)	422,037		40,220
Tyson Foods, Inc. Class A	1,116,778		25,317
			971,425
Household Products - 2.2%
Clorox Co. (d)	507,658		42,648
Colgate-Palmolive Co. (d)	1,728,132		197,750
Kimberly-Clark Corp.	1,522,503		143,542
Procter & Gamble Co.	10,638,960		810,476
			1,194,416
Common Stocks - continued
	Shares		Value (000s)
CONSUMER STAPLES - continued
Personal Products - 0.2%
Avon Products, Inc.	1,681,553		$ 32,874
Estee Lauder Companies, Inc. Class A	934,085		59,875
			92,749
Tobacco - 1.8%
Altria Group, Inc.	7,879,737		264,365
Lorillard, Inc.	1,511,022		58,235
Philip Morris International, Inc.	6,500,162		596,390
Reynolds American, Inc.	1,261,432		55,099
			974,089
TOTAL CONSUMER STAPLES			5,729,010
ENERGY - 11.0%
Energy Equipment & Services - 1.9%
Baker Hughes, Inc. (d)	1,710,676		76,672
Cameron International Corp. (a)	959,970		61,169
Diamond Offshore Drilling, Inc. (d)	270,485		18,847
Ensco PLC Class A	903,830		54,356
FMC Technologies, Inc. (a)(d)	925,014		48,017
Halliburton Co.	3,610,819		149,885
Helmerich & Payne, Inc. (d)	411,390		27,259
Nabors Industries Ltd.	1,129,890		18,937
National Oilwell Varco, Inc.	1,661,099		113,171
Noble Corp.	983,340		35,223
Rowan Companies PLC (a)(d)	483,242		16,715
Schlumberger Ltd.	5,165,607		402,143
			1,022,394
Oil, Gas & Consumable Fuels - 9.1%
Anadarko Petroleum Corp.	1,944,574		154,749
Apache Corp.	1,522,495		113,076
Cabot Oil & Gas Corp.	816,485		50,598
Chesapeake Energy Corp. (d)	2,017,227		40,667
Chevron Corp.	7,615,439		892,149
ConocoPhillips (d)	4,723,294		273,715
CONSOL Energy, Inc. (d)	886,302		28,495
Denbury Resources, Inc. (a)(d)	1,505,812		27,285
Devon Energy Corp.	1,465,555		79,521
EOG Resources, Inc.	1,054,004		132,499
EQT Corp.	582,149		36,728
Exxon Mobil Corp.	17,740,514		1,588,663
Common Stocks - continued
	Shares		Value (000s)
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Hess Corp. (d)	1,156,202		$ 76,887
Kinder Morgan Holding Co. LLC	2,460,662		91,217
Marathon Oil Corp. (d)	2,748,685		92,081
Marathon Petroleum Corp.	1,319,769		109,382
Murphy Oil Corp.	718,366		43,734
Newfield Exploration Co. (a)(d)	526,161		12,165
Noble Energy, Inc.	692,179		76,714
Occidental Petroleum Corp.	3,152,445		259,541
Peabody Energy Corp.	1,044,297		22,515
Phillips 66	2,435,027		153,309
Pioneer Natural Resources Co. (d)	514,518		64,732
QEP Resources, Inc.	693,057		21,111
Range Resources Corp. (d)	632,792		48,598
Southwestern Energy Co. (a)(d)	1,359,651		46,595
Spectra Energy Corp.	2,590,719		75,234
Tesoro Corp.	546,437		30,732
The Williams Companies, Inc.	2,621,877		91,005
Valero Energy Corp. (d)	2,153,838		98,193
WPX Energy, Inc. (a)(d)	775,053		10,998
			4,842,888
TOTAL ENERGY			5,865,282
FINANCIALS - 15.7%
Capital Markets - 2.1%
Ameriprise Financial, Inc. (d)	800,836		54,961
Bank of New York Mellon Corp.	4,547,077		123,408
BlackRock, Inc. Class A	488,157		117,036
Charles Schwab Corp. (d)	4,266,836		69,293
E*TRADE Financial Corp. (a)(d)	1,001,749		10,729
Franklin Resources, Inc.	536,926		75,841
Goldman Sachs Group, Inc.	1,718,850		257,415
Invesco Ltd.	1,727,779		46,287
Legg Mason, Inc.	456,123		13,000
Morgan Stanley	5,377,489		121,262
Northern Trust Corp.	849,088		45,146
State Street Corp. (d)	1,808,579		102,347
T. Rowe Price Group, Inc.	991,686		70,598
			1,107,323
Common Stocks - continued
	Shares		Value (000s)
FINANCIALS - continued
Commercial Banks - 2.7%
BB&T Corp.	2,722,320		$ 82,650
Comerica, Inc.	740,632		25,463
Fifth Third Bancorp	3,492,066		55,314
First Horizon National Corp.	961,604		10,222
Huntington Bancshares, Inc.	3,328,712		23,401
KeyCorp	3,632,839		34,112
M&T Bank Corp.	473,171		48,306
PNC Financial Services Group, Inc.	2,057,818		128,387
Regions Financial Corp.	5,498,028		42,060
SunTrust Banks, Inc.	2,096,597		57,845
U.S. Bancorp	7,316,569		248,617
Wells Fargo & Co.	19,049,574		668,259
Zions Bancorporation (d)	716,655		17,300
			1,441,936
Consumer Finance - 0.9%
American Express Co. (d)	3,788,240		235,439
Capital One Financial Corp.	2,263,346		115,499
Discover Financial Services	1,964,096		75,677
SLM Corp.	1,798,273		34,113
			460,728
Diversified Financial Services - 3.7%
Bank of America Corp.	41,937,762		470,961
Citigroup, Inc.	11,410,511		478,899
CME Group, Inc.	1,193,443		71,392
IntercontinentalExchange, Inc. (a)(d)	282,951		43,806
JPMorgan Chase & Co.	14,791,348		723,593
Leucadia National Corp. (d)	1,141,334		30,702
McGraw-Hill Companies, Inc. (d)	1,080,537		50,299
Moody's Corp. (d)	754,559		36,264
NYSE Euronext	945,520		35,249
The NASDAQ Stock Market, Inc.	455,659		14,426
			1,955,591
Insurance - 4.1%
ACE Ltd.	1,322,200		112,903
AFLAC, Inc.	1,824,529		91,135
Allstate Corp.	1,874,610		86,270
American International Group, Inc. (a)	5,744,338		218,342
Aon PLC	1,239,941		75,748
Assurant, Inc.	306,256		12,860
Berkshire Hathaway, Inc. Class B (a)	7,097,444		725,075
Common Stocks - continued
	Shares		Value (000s)
FINANCIALS - continued
Insurance - continued
Cincinnati Financial Corp. (d)	569,713		$ 25,643
Genworth Financial, Inc. Class A (a)	1,913,731		16,343
Hartford Financial Services Group, Inc. (d)	1,697,685		40,082
Lincoln National Corp. (d)	1,070,094		31,611
Loews Corp.	1,209,897		52,159
Marsh & McLennan Companies, Inc.	2,118,223		78,671
MetLife, Inc.	4,245,278		150,453
Principal Financial Group, Inc.	1,073,812		33,943
Progressive Corp. (d)	2,164,847		52,736
Prudential Financial, Inc.	1,805,434		100,328
The Chubb Corp.	1,019,230		85,646
The Travelers Companies, Inc.	1,484,229		119,362
Torchmark Corp. (d)	369,374		20,755
Unum Group (d)	1,070,511		26,195
XL Group PLC Class A	1,169,660		33,499
			2,189,759
Real Estate Investment Trusts - 2.1%
American Tower Corp.	1,538,328		119,374
Apartment Investment & Management Co. Class A	566,320		16,774
AvalonBay Communities, Inc. (d)	445,060		55,557
Boston Properties, Inc. (d)	587,010		60,979
Equity Residential (SBI) (d)	1,251,891		68,904
HCP, Inc. (d)	1,758,999		85,980
Health Care REIT, Inc. (d)	1,010,430		64,809
Host Hotels & Resorts, Inc. (d)	2,820,020		47,010
Kimco Realty Corp. (d)	1,586,071		34,529
Plum Creek Timber Co., Inc. (d)	628,699		30,492
Prologis, Inc. (d)	1,793,411		69,835
Public Storage	561,028		84,833
Simon Property Group, Inc.	1,203,684		191,217
Ventas, Inc.	1,150,012		81,398
Vornado Realty Trust (d)	659,101		52,866
Weyerhaeuser Co.	2,107,114		61,970
			1,126,527
Real Estate Management & Development - 0.0%
CBRE Group, Inc. (a)	1,173,929		28,374
Common Stocks - continued
	Shares		Value (000s)
FINANCIALS - continued
Thrifts & Mortgage Finance - 0.1%
Hudson City Bancorp, Inc.	1,849,692		$ 15,759
People's United Financial, Inc.	1,352,634		17,720
			33,479
TOTAL FINANCIALS			8,343,717
HEALTH CARE - 12.1%
Biotechnology - 1.7%
Alexion Pharmaceuticals, Inc. (a)	755,972		65,573
Amgen, Inc.	2,985,796		272,932
Biogen Idec, Inc. (a)	920,605		153,133
Celgene Corp. (a)	1,645,853		169,819
Gilead Sciences, Inc. (a)(d)	5,896,052		251,820
			913,277
Health Care Equipment & Supplies - 2.2%
Abbott Laboratories	6,150,417		207,823
Baxter International, Inc.	2,137,642		144,505
Becton, Dickinson & Co.	766,368		67,486
Boston Scientific Corp. (a)	5,342,315		39,480
C.R. Bard, Inc. (d)	297,858		29,443
CareFusion Corp. (a)	863,482		28,270
Covidien PLC	1,841,968		117,094
DENTSPLY International, Inc. (d)	552,250		22,874
Edwards Lifesciences Corp. (a)(d)	449,066		38,588
Intuitive Surgical, Inc. (a)(d)	154,719		78,890
Medtronic, Inc.	3,935,218		176,927
St. Jude Medical, Inc. (d)	1,199,125		49,164
Stryker Corp. (d)	1,124,321		71,822
Varian Medical Systems, Inc. (a)(d)	425,690		30,066
Zimmer Holdings, Inc. (d)	675,101		50,606
			1,153,038
Health Care Providers & Services - 1.9%
Aetna, Inc. (d)	1,301,893		61,436
AmerisourceBergen Corp. (d)	916,243		43,247
Cardinal Health, Inc.	1,322,084		61,094
CIGNA Corp.	1,112,404		65,031
Coventry Health Care, Inc.	523,355		23,739
DaVita, Inc. (a)	326,161		39,015
Express Scripts Holding Co. (a)	3,176,633		180,782
Humana, Inc.	615,653		42,024
Common Stocks - continued
	Shares		Value (000s)
HEALTH CARE - continued
Health Care Providers & Services - continued
Laboratory Corp. of America Holdings (a)(d)	368,090		$ 32,613
McKesson Corp.	918,438		97,474
Patterson Companies, Inc.	325,478		11,828
Quest Diagnostics, Inc. (d)	618,548		34,744
Tenet Healthcare Corp. (a)	414,297		16,286
UnitedHealth Group, Inc.	3,974,654		212,445
WellPoint, Inc.	1,181,529		73,467
			995,225
Health Care Technology - 0.1%
Cerner Corp. (a)(d)	567,426		49,627
Life Sciences Tools & Services - 0.4%
Agilent Technologies, Inc.	1,355,800		56,239
Life Technologies Corp. (a)	669,479		38,917
PerkinElmer, Inc.	446,612		15,261
Thermo Fisher Scientific, Inc.	1,401,606		103,439
Waters Corp. (a)(d)	338,341		31,371
			245,227
Pharmaceuticals - 5.8%
AbbVie, Inc.	6,150,417		227,073
Actavis, Inc. (a)	497,107		42,334
Allergan, Inc.	1,196,625		129,738
Bristol-Myers Squibb Co.	6,422,871		237,454
Eli Lilly & Co.	3,973,508		217,192
Forest Laboratories, Inc. (a)	910,876		33,520
Hospira, Inc. (a)(d)	642,875		18,920
Johnson & Johnson	10,783,048		820,698
Merck & Co., Inc.	11,828,993		505,453
Mylan, Inc. (a)(d)	1,585,701		46,953
Perrigo Co.	343,374		38,860
Pfizer, Inc.	28,647,954		784,095
			3,102,290
TOTAL HEALTH CARE			6,458,684
INDUSTRIALS - 10.2%
Aerospace & Defense - 2.3%
General Dynamics Corp.	1,291,376		87,775
Honeywell International, Inc.	3,048,119		213,673
L-3 Communications Holdings, Inc.	365,986		27,914
Lockheed Martin Corp.	1,045,041		91,964
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Aerospace & Defense - continued
Northrop Grumman Corp.	955,029		$ 62,726
Precision Castparts Corp.	566,292		105,664
Raytheon Co.	1,283,519		70,042
Rockwell Collins, Inc. (d)	545,573		32,794
Textron, Inc. (d)	1,096,592		31,637
The Boeing Co.	2,640,720		203,071
United Technologies Corp.	3,280,994		297,094
			1,224,354
Air Freight & Logistics - 0.8%
C.H. Robinson Worldwide, Inc.	627,202		35,763
Expeditors International of Washington, Inc. (d)	813,154		31,591
FedEx Corp.	1,136,581		119,830
United Parcel Service, Inc. Class B (d)	2,784,059		230,102
			417,286
Airlines - 0.1%
Southwest Airlines Co.	2,871,495		33,596
Building Products - 0.0%
Masco Corp. (d)	1,389,486		26,762
Commercial Services & Supplies - 0.6%
ADT Corp. (d)	904,538		43,318
Avery Dennison Corp.	387,519		15,830
Cintas Corp. (d)	413,100		18,135
Iron Mountain, Inc. (d)	649,057		22,392
Pitney Bowes, Inc. (d)	781,131		10,233
Republic Services, Inc.	1,163,637		36,585
Stericycle, Inc. (a)(d)	334,199		32,056
Tyco International Ltd.	1,812,117		58,006
Waste Management, Inc.	1,696,740		63,322
			299,877
Construction & Engineering - 0.2%
Fluor Corp.	647,892		40,105
Jacobs Engineering Group, Inc. (a)(d)	506,133		24,720
Quanta Services, Inc. (a)(d)	829,406		23,555
			88,380
Electrical Equipment - 0.7%
Eaton Corp. PLC	1,796,751		111,345
Emerson Electric Co.	2,817,641		159,760
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Electrical Equipment - continued
Rockwell Automation, Inc.	542,055		$ 48,969
Roper Industries, Inc.	382,839		47,706
			367,780
Industrial Conglomerates - 2.5%
3M Co.	2,476,935		257,601
Danaher Corp. (d)	2,264,023		139,464
General Electric Co.	40,802,448		947,433
			1,344,498
Machinery - 1.9%
Caterpillar, Inc. (d)	2,544,473		235,033
Cummins, Inc.	687,783		79,693
Deere & Co. (d)	1,523,986		133,852
Dover Corp. (d)	696,536		51,091
Flowserve Corp.	194,489		31,215
Illinois Tool Works, Inc. (d)	1,659,028		102,030
Ingersoll-Rand PLC	1,089,221		57,347
Joy Global, Inc.	411,973		26,094
PACCAR, Inc. (d)	1,373,652		65,152
Pall Corp.	432,258		29,471
Parker Hannifin Corp. (d)	580,468		54,843
Pentair Ltd. (d)	818,251		43,588
Snap-On, Inc.	226,578		18,187
Stanley Black & Decker, Inc.	656,751		51,686
Xylem, Inc.	722,929		19,881
			999,163
Professional Services - 0.1%
Dun & Bradstreet Corp. (d)	173,405		13,976
Equifax, Inc.	465,359		25,651
Robert Half International, Inc.	547,619		19,468
			59,095
Road & Rail - 0.8%
CSX Corp.	4,013,116		92,061
Norfolk Southern Corp. (d)	1,229,731		89,832
Ryder System, Inc.	198,878		11,177
Union Pacific Corp.	1,830,326		250,956
			444,026
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Trading Companies & Distributors - 0.2%
Fastenal Co. (d)	1,049,226		$ 54,172
W.W. Grainger, Inc. (d)	232,549		52,663
			106,835
TOTAL INDUSTRIALS			5,411,652
INFORMATION TECHNOLOGY - 18.0%
Communications Equipment - 1.9%
Cisco Systems, Inc.	20,658,413		430,728
F5 Networks, Inc. (a)(d)	307,586		29,045
Harris Corp.	441,869		21,241
JDS Uniphase Corp. (a)	910,309		12,890
Juniper Networks, Inc. (a)	2,006,115		41,486
Motorola Solutions, Inc.	1,091,431		67,898
QUALCOMM, Inc.	6,630,418		435,154
			1,038,442
Computers & Peripherals - 4.1%
Apple, Inc.	3,660,256		1,615,642
Dell, Inc.	5,678,203		79,211
EMC Corp. (a)	8,197,046		188,614
Hewlett-Packard Co.	7,650,380		154,079
NetApp, Inc. (a)	1,394,090		47,162
SanDisk Corp. (a)	940,808		47,407
Seagate Technology (d)	1,307,266		42,042
Western Digital Corp.	853,076		40,231
			2,214,388
Electronic Equipment & Components - 0.4%
Amphenol Corp. Class A	623,894		44,209
Corning, Inc.	5,750,315		72,511
FLIR Systems, Inc. (d)	583,755		15,376
Jabil Circuit, Inc.	727,846		13,633
Molex, Inc. (d)	537,594		14,897
TE Connectivity Ltd.	1,644,242		65,983
			226,609
Internet Software & Services - 2.3%
Akamai Technologies, Inc. (a)(d)	690,532		25,522
eBay, Inc. (a)	4,531,435		247,779
Google, Inc. Class A (a)	1,035,640		829,755
Common Stocks - continued
	Shares		Value (000s)
INFORMATION TECHNOLOGY - continued
Internet Software & Services - continued
VeriSign, Inc. (a)(d)	604,109		$ 27,668
Yahoo!, Inc. (a)	4,049,644		86,298
			1,217,022
IT Services - 3.8%
Accenture PLC Class A (d)	2,484,508		184,748
Automatic Data Processing, Inc.	1,888,991		115,908
Cognizant Technology Solutions Corp. Class A (a)	1,168,054		89,672
Computer Sciences Corp.	604,544		29,036
Fidelity National Information Services, Inc.	969,714		36,510
Fiserv, Inc. (a)(d)	519,346		42,644
IBM Corp.	4,132,797		829,990
MasterCard, Inc. Class A	415,812		215,316
Paychex, Inc. (d)	1,258,653		41,661
SAIC, Inc. (d)	1,104,089		13,050
Teradata Corp. (a)(d)	657,974		38,202
The Western Union Co.	2,321,303		32,568
Total System Services, Inc.	625,213		14,855
Visa, Inc. Class A	2,028,464		321,796
			2,005,956
Office Electronics - 0.1%
Xerox Corp.	4,916,881		39,876
Semiconductors & Semiconductor Equipment - 2.0%
Advanced Micro Devices, Inc. (a)(d)	2,354,675		5,863
Altera Corp. (d)	1,247,357		44,181
Analog Devices, Inc.	1,172,596		53,025
Applied Materials, Inc.	4,660,124		63,844
Broadcom Corp. Class A	2,018,975		68,867
First Solar, Inc. (a)(d)	233,654		6,040
Intel Corp. (d)	19,361,736		403,692
KLA-Tencor Corp.	647,918		35,480
Lam Research Corp. (a)	631,696		26,721
Linear Technology Corp. (d)	900,356		34,430
LSI Corp. (a)	2,153,324		14,987
Microchip Technology, Inc. (d)	757,213		27,616
Micron Technology, Inc. (a)(d)	3,959,355		33,219
NVIDIA Corp.	2,431,310		30,780
Teradyne, Inc. (a)(d)	730,936		12,250
Texas Instruments, Inc. (d)	4,361,072		149,890
Xilinx, Inc.	1,015,258		37,839
			1,048,724
Common Stocks - continued
	Shares		Value (000s)
INFORMATION TECHNOLOGY - continued
Software - 3.4%
Adobe Systems, Inc. (a)	1,926,270		$ 75,702
Autodesk, Inc. (a)	874,312		32,105
BMC Software, Inc. (a)(d)	511,506		20,496
CA Technologies, Inc.	1,304,581		31,949
Citrix Systems, Inc. (a)	726,516		51,510
Electronic Arts, Inc. (a)(d)	1,187,288		20,813
Intuit, Inc.	1,082,837		69,821
Microsoft Corp.	29,473,792		819,371
Oracle Corp.	14,625,828		501,081
Red Hat, Inc. (a)	752,233		38,221
salesforce.com, Inc. (a)(d)	508,323		86,018
Symantec Corp. (a)	2,699,989		63,288
			1,810,375
TOTAL INFORMATION TECHNOLOGY			9,601,392
MATERIALS - 3.4%
Chemicals - 2.4%
Air Products & Chemicals, Inc. (d)	828,205		71,507
Airgas, Inc.	273,507		27,427
CF Industries Holdings, Inc.	244,634		49,130
E.I. du Pont de Nemours & Co. (d)	3,628,267		173,794
Eastman Chemical Co.	596,755		41,612
Ecolab, Inc.	1,025,740		78,520
FMC Corp.	534,604		32,215
International Flavors & Fragrances, Inc.	317,376		23,162
LyondellBasell Industries NV Class A	1,477,107		86,588
Monsanto Co.	2,080,134		210,156
PPG Industries, Inc.	555,836		74,849
Praxair, Inc.	1,156,124		130,700
Sherwin-Williams Co.	332,989		53,808
Sigma Aldrich Corp.	468,192		36,079
The Dow Chemical Co.	4,666,241		148,013
The Mosaic Co.	1,076,550		63,021
			1,300,581
Construction Materials - 0.1%
Vulcan Materials Co.	504,260		25,682
Containers & Packaging - 0.1%
Ball Corp.	598,642		26,586
Bemis Co., Inc. (d)	401,903		15,007
Common Stocks - continued
	Shares		Value (000s)
MATERIALS - continued
Containers & Packaging - continued
Owens-Illinois, Inc. (a)	640,190		$ 16,325
Sealed Air Corp.	756,859		16,810
			74,728
Metals & Mining - 0.6%
Alcoa, Inc. (d)	4,152,509		35,379
Allegheny Technologies, Inc. (d)	417,569		12,723
Cliffs Natural Resources, Inc. (d)	589,474		15,008
Freeport-McMoRan Copper & Gold, Inc.	3,693,823		117,907
Newmont Mining Corp.	1,931,636		77,826
Nucor Corp. (d)	1,235,938		55,679
United States Steel Corp. (d)	561,401		11,700
			326,222
Paper & Forest Products - 0.2%
International Paper Co.	1,708,725		75,201
MeadWestvaco Corp.	680,155		24,288
			99,489
TOTAL MATERIALS			1,826,702
TELECOMMUNICATION SERVICES - 3.0%
Diversified Telecommunication Services - 2.7%
AT&T, Inc. (d)	22,101,017		793,648
CenturyLink, Inc. (d)	2,429,027		84,214
Frontier Communications Corp. (d)	3,884,974		16,084
Verizon Communications, Inc. (d)	11,104,672		516,700
Windstream Corp. (d)	2,288,415		19,657
			1,430,303
Wireless Telecommunication Services - 0.3%
Crown Castle International Corp. (a)	1,140,689		79,620
MetroPCS Communications, Inc. (a)	1,232,558		12,079
Sprint Nextel Corp. (a)	11,691,025		67,808
			159,507
TOTAL TELECOMMUNICATION SERVICES			1,589,810
UTILITIES - 3.4%
Electric Utilities - 2.0%
American Electric Power Co., Inc.	1,888,115		88,345
Duke Energy Corp. (d)	2,740,231		189,761
Common Stocks - continued
	Shares		Value (000s)
UTILITIES - continued
Electric Utilities - continued
Edison International	1,267,739		$ 60,890
Entergy Corp. (d)	691,564		43,057
Exelon Corp. (d)	3,324,035		103,012
FirstEnergy Corp.	1,627,288		64,245
NextEra Energy, Inc.	1,646,704		118,349
Northeast Utilities	1,221,559		50,707
Pepco Holdings, Inc.	892,880		18,117
Pinnacle West Capital Corp.	426,845		23,878
PPL Corp.	2,263,432		69,759
Southern Co.	3,401,168		153,087
Xcel Energy, Inc.	1,897,342		54,454
			1,037,661
Gas Utilities - 0.1%
AGL Resources, Inc.	458,293		18,313
ONEOK, Inc.	796,154		35,819
			54,132
Independent Power Producers & Energy Traders - 0.1%
NRG Energy, Inc.	1,254,015		30,096
The AES Corp.	2,402,659		27,919
			58,015
Multi-Utilities - 1.2%
Ameren Corp.	944,098		31,901
CenterPoint Energy, Inc.	1,663,188		35,642
CMS Energy Corp.	1,026,869		27,325
Consolidated Edison, Inc. (d)	1,139,576		67,235
Dominion Resources, Inc.	2,235,821		125,206
DTE Energy Co.	669,540		44,725
Integrys Energy Group, Inc.	303,138		17,149
NiSource, Inc.	1,205,266		33,386
PG&E Corp. (d)	1,673,078		71,340
Public Service Enterprise Group, Inc.	1,968,536		64,155
SCANA Corp.	512,811		25,046
Sempra Energy	875,178		68,054
Common Stocks - continued
	Shares		Value (000s)
UTILITIES - continued
Multi-Utilities - continued
TECO Energy, Inc.	792,166		$ 13,665
Wisconsin Energy Corp. (d)	895,207		36,972
			661,801
TOTAL UTILITIES			1,811,609
TOTAL COMMON STOCKS (Cost $34,996,908)		52,684,560

U.S. Treasury Obligations - 0.1%
	Principal Amount (000s)
U.S. Treasury Bills, yield at date of purchase 0.11% to 0.15% 4/11/13 to 8/22/13 (e) (Cost $52,984)	$ 53,000	52,984

Money Market Funds - 6.4%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	505,695,578		505,696
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	2,899,405,121		2,899,405
TOTAL MONEY MARKET FUNDS (Cost $3,405,101)		3,405,101
TOTAL INVESTMENT PORTFOLIO - 105.3% (Cost $38,454,993)			56,142,645
NET OTHER ASSETS (LIABILITIES) - (5.3)%			(2,826,794)
NET ASSETS - 100%		$ 53,315,851

Futures Contracts
	Expiration Date	Underlying Face Amount at Value (000s)	Unrealized Appreciation/ (Depreciation) (000s)
Purchased
Equity Index Contracts
860 CME S&P 500 Index Contracts	March 2013	$ 325,360	$ 551
4,077 CME E-mini S&P 500 Index Contracts	March 2013	308,486	11,105
TOTAL EQUITY INDEX CONTRACTS		$ 633,846	$ 11,656

The face value of futures purchased as a percentage of net assets is 1.2%

Legend

(a) Non-income producing

(b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request.

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $33,422,000.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned (Amounts in thousands)
Fidelity Cash Central Fund	$ 860
Fidelity Securities Lending Cash Central Fund	6,389
Total	$ 7,249

Other Information

The following is a summary of the inputs used, as of February 28, 2013, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the table below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

Valuation Inputs at Reporting Date:
Description (Amounts in thousands)	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 6,046,702	$ 6,046,702	$ -	$ -
Consumer Staples	5,729,010	5,729,010	-	-
Energy	5,865,282	5,865,282	-	-
Financials	8,343,717	8,343,717	-	-
Health Care	6,458,684	6,458,684	-	-
Industrials	5,411,652	5,411,652	-	-
Information Technology	9,601,392	9,601,392	-	-
Materials	1,826,702	1,826,702	-	-
Telecommunication Services	1,589,810	1,589,810	-	-
Utilities	1,811,609	1,811,609	-	-
U.S. Government and Government Agency Obligations	52,984	-	52,984	-
Money Market Funds	3,405,101	3,405,101	-	-
Total Investments in Securities:	$ 56,142,645	$ 56,089,661	$ 52,984	$ -
Derivative Instruments:
Assets
Futures Contracts	$ 11,656	$ 11,656	$ -	$ -

Value of Derivative Instruments

The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of February 28, 2013. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.

Primary Risk Exposure / Derivative Type	Value (000s)
	Asset	Liability
Equity Risk
Futures Contracts (a)	$ 11,656	$ -
Total Value of Derivatives	$ 11,656	$ -

(a) Reflects cumulative appreciation/(depreciation) on futures contracts as disclosed on the Schedule of Investments. Only the period end variation margin is separately disclosed on the Statement of Assets and Liabilities.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Statements

Statement of Assets and Liabilities

Amounts in thousands (except per-share amounts)	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $2,830,863) - See accompanying schedule: Unaffiliated issuers (cost $35,049,892)	$ 52,737,544
Fidelity Central Funds (cost $3,405,101)	3,405,101
Total Investments (cost $38,454,993)		$ 56,142,645
Receivable for investments sold		504
Receivable for fund shares sold		50,173
Dividends receivable		130,276
Distributions receivable from Fidelity Central Funds		517
Receivable from investment adviser for expense reductions		751
Other receivables		1,175
Total assets		56,326,041

Liabilities
Payable for investments purchased	$ 9,960
Payable for fund shares redeemed	95,653
Accrued management fee	1,106
Payable for daily variation margin on futures contracts	1,159
Other affiliated payables	1,749
Other payables and accrued expenses	1,158
Collateral on securities loaned, at value	2,899,405
Total liabilities		3,010,190

Net Assets		$ 53,315,851
Net Assets consist of:
Paid in capital		$ 36,968,469
Undistributed net investment income		191,536
Accumulated undistributed net realized gain (loss) on investments		(1,543,462)
Net unrealized appreciation (depreciation) on investments		17,699,308
Net Assets		$ 53,315,851

See accompanying notes which are an integral part of the financial statements.

Annual Report

Statement of Assets and Liabilities - continued

Amounts in thousands (except per-share amounts)	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($4,704,580 ÷ 87,422.1 shares)		$ 53.81

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($28,996,114 ÷ 538,741.7 shares)		$ 53.82

Institutional Class: Net Asset Value, offering price and redemption price per share ($17,703,199 ÷ 328,908.9 shares)		$ 53.82

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($1,911,958 ÷ 35,521.7 shares)		$ 53.83

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Statements - continued

Statement of Operations

Amounts in thousands	Year ended February 28, 2013

Investment Income
Dividends		$ 1,096,817
Interest		42
Income from Fidelity Central Funds		7,249
Total income		1,104,108

Expenses
Management fee	$ 11,968
Transfer agent fees	20,687
Independent trustees' compensation	313
Miscellaneous	122
Total expenses before reductions	33,090
Expense reductions	(5,045)	28,045
Net investment income (loss)		1,076,063
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	735,222
Futures contracts	81,216
Total net realized gain (loss)		816,438
Change in net unrealized appreciation (depreciation) on: Investment securities	4,306,013
Futures contracts	(15,585)
Total change in net unrealized appreciation (depreciation)		4,290,428
Net gain (loss)		5,106,866
Net increase (decrease) in net assets resulting from operations		$ 6,182,929

See accompanying notes which are an integral part of the financial statements.

Annual Report

Statement of Changes in Net Assets

Amounts in thousands	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 1,076,063	$ 842,018
Net realized gain (loss)	816,438	346,325
Change in net unrealized appreciation (depreciation)	4,290,428	947,325
Net increase (decrease) in net assets resulting from operations	6,182,929	2,135,668
Distributions to shareholders from net investment income	(1,030,033)	(823,248)
Share transactions - net increase (decrease)	3,180,920	194,063
Total increase (decrease) in net assets	8,333,816	1,506,483

Net Assets
Beginning of period	44,982,035	43,475,552
End of period (including undistributed net investment income of $191,536 and undistributed net investment income of $145,444, respectively)	$ 53,315,851	$ 44,982,035

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012 ^H	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 48.49	$ 47.09	$ 39.19	$ 26.10	$ 47.20
Income from Investment Operations
Net investment income (loss) ^B	1.10	.89	.81	.75	.95
Net realized and unrealized gain (loss)	5.28	1.40	7.88	13.12	(21.09)
Total from investment operations	6.38	2.29	8.69	13.87	(20.14)
Distributions from net investment income	(1.06)	(.89)	(.79)	(.78)	(.96)
Net asset value, end of period	$ 53.81	$ 48.49	$ 47.09	$ 39.19	$ 26.10
Total Return ^A	13.36%	5.04%	22.47%	53.68%	(43.35)%
Ratios to Average Net Assets ^{C, E}
Expenses before reductions	.10%	.10%	.10%	.10%	.10%
Expenses net of fee waivers, if any	.10% ^G	.10%	.10%	.10%	.10%
Expenses net of all reductions	.10% ^G	.10%	.10%	.10%	.10%
Net investment income (loss)	2.21%	1.96%	1.94%	2.14%	2.36%
Supplemental Data
Net assets, end of period (in millions)	$ 4,705	$ 13,407	$ 27,881	$ 23,666	$ 11,363
Portfolio turnover rate ^D	4%	5% ^F	4%	11% ^F	8%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

^B Calculated based on average shares outstanding during the period.

^C Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.

^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds.

^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.

^F The portfolio turnover rate does not include the assets acquired in the merger.

^G Amount represents .095%.

^H For the year ended February 29.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^G	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 48.50	$ 47.10	$ 39.19	$ 26.11	$ 47.20
Income from Investment Operations
Net investment income (loss)^B	1.13	.90	.82	.77	.96
Net realized and unrealized gain (loss)	5.27	1.40	7.89	13.10	(21.08)
Total from investment operations	6.40	2.30	8.71	13.87	(20.12)
Distributions from net investment income	(1.08)	(.90)	(.80)	(.79)	(.97)
Net asset value, end of period	$ 53.82	$ 48.50	$ 47.10	$ 39.19	$ 26.11
Total Return^A	13.39%	5.07%	22.53%	53.67%	(43.31)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.07%	.07%	.07%	.07%	.07%
Expenses net of fee waivers, if any	.06%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.06%	.07%	.07%	.07%	.07%
Net investment income (loss)	2.25%	1.99%	1.97%	2.17%	2.39%
Supplemental Data
Net assets, end of period (in millions)	$ 28,996	$ 16,230	$ 15,595	$ 12,455	$ 3,667
Portfolio turnover rate^D	4%	5%^F	4%	11%^F	8%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

^B Calculated based on average shares outstanding during the period.

^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds.

^F The portfolio turnover rate does not include the assets acquired in the merger.

^G For the year ended February 29.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Institutional Class

Years ended February 28,	2013	2012^G
Selected Per-Share Data
Net asset value, beginning of period	$ 48.50	$ 47.74
Income from Investment Operations
Net investment income (loss)^D	1.13	.79
Net realized and unrealized gain (loss)	5.28	.68
Total from investment operations	6.41	1.47
Distributions from net investment income	(1.09)	(.71)
Net asset value, end of period	$ 53.82	$ 48.50
Total Return^{B, C}	13.42%	3.25%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.05%	.05%^A
Expenses net of fee waivers, if any	.04%	.05%^A
Expenses net of all reductions	.04%	.05%^A
Net investment income (loss)	2.27%	2.19%^A
Supplemental Data
Net assets, end of period (in millions)	$ 17,703	$ 14,629
Portfolio turnover rate^F	4%	5%^I

^A Annualized

^B Total returns for periods of less than one year are not annualized.

^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

^D Calculated based on average shares outstanding during the period.

^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.

^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds.

^G For the period May 4, 2011 (commencement of sale of shares) to February 29, 2012.

^H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.

^I The portfolio turnover rate does not include the assets acquired in the merger.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^H
Selected Per-Share Data
Net asset value, beginning of period	$ 48.50	$ 47.74
Income from Investment Operations
Net investment income (loss)^D	1.14	.81
Net realized and unrealized gain (loss)	5.29	.67
Total from investment operations	6.43	1.48
Distributions from net investment income	(1.10)	(.72)
Net asset value, end of period	$ 53.83	$ 48.50
Total Return^{B, C}	13.46%	3.27%
Ratios to Average Net Assets^{E, I}
Expenses before reductions	.03%^G	.03%^{A, G}
Expenses net of fee waivers, if any	.02%	.03%^{A, G}
Expenses net of all reductions	.02%	.03%^{A, G}
Net investment income (loss)	2.29%	2.24%^A
Supplemental Data
Net assets, end of period (in millions)	$ 1,912	$ 716
Portfolio turnover rate^F	4%	5%^J

^A Annualized

^B Total returns for periods of less than one year are not annualized.

^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

^D Calculated based on average shares outstanding during the period.

^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds.

^G Amount represents .025%.

^H For the period May 4, 2011 (commencement of sale of shares) to February 29, 2012.

^I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.

^J The portfolio turnover rate does not include the assets acquired in the merger.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Notes to Financial Statements

For the period ended February 28, 2013

(Amounts in thousands except percentages)

1. Organization.

Spartan 500 Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. The Fund offers Investor Class, Fidelity Advantage Class, Institutional Class and Fidelity Advantage Institutional Class shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. The Fund offers conversion privileges between share classes to eligible shareholders. Investment income, realized and unrealized capital gains and losses, the common expenses of the Fund, and certain fund-level expense reductions, if any, are allocated on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of the Fund. Each class differs with respect to transfer agent fees incurred. Certain expense reductions may also differ by class.

2. Investments in Fidelity Central Funds.

The Fund invests in Fidelity Central Funds, which are open-end investment companies available only to other investment companies and accounts managed by Fidelity Management & Research Company (FMR) and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.

The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.

A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.

3. Significant Accounting Policies.

The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of

Annual Report

3. Significant Accounting Policies - continued

the financial statements. The following summarizes the significant accounting policies of the Fund:

Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. In accordance with valuation policies and procedures approved by the Board of Trustees (the Board), the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the FMR Fair Value Committee (the Committee), in accordance with procedures adopted by the Fund's Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and is responsible for approving and reporting to the Board all fair value determinations.

The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value the Fund's investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when significant market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities are used and are categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2.

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

3. Significant Accounting Policies - continued

Investment Valuation - continued

are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level, as of February 28, 2013, is included at the end of the Fund's Schedule of Investments.

Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments and/or as a realized gain. The Fund estimates the components of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income and distributions from the Fidelity Central Funds are accrued as earned. Interest income includes coupon interest and amortization of premium and accretion of discount on debt securities.

Expenses. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.

Annual Report

3. Significant Accounting Policies - continued

Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan), independent Trustees may elect to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in the Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees are included in the accompanying Statement of Assets and Liabilities.

Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for income taxes is required. As of February 28, 2013, the Fund did not have any unrecognized tax benefits in the financial statements; nor is the Fund aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. A fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.

Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences will reverse in a subsequent period.

Book-tax differences are primarily due to futures contracts, market discount, deferred trustees compensation, capital loss carryforwards and losses deferred due to wash sales.

The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows:

Gross unrealized appreciation	$ 21,612,588
Gross unrealized depreciation	(4,005,515)
Net unrealized appreciation (depreciation) on securities and other investments	$ 17,607,073

Tax Cost	$ 38,535,572

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

3. Significant Accounting Policies - continued

Income Tax Information and Distributions to Shareholders - continued

The tax-based components of distributable earnings as of period end were as follows:

Undistributed ordinary income	$ 192,698
Capital loss carryforward	$ (1,451,227)
Net unrealized appreciation (depreciation)	$ 17,607,073

Capital loss carryforwards are only available to offset future capital gains of the Fund to the extent provided by regulations and may be limited. Under the Regulated Investment Company Modernization Act of 2010 (the Act), the Fund is permitted to carry forward capital losses incurred in taxable years beginning after December 22, 2010 for an unlimited period and such capital losses are required to be used prior to any losses that expire. Capital loss carryforwards were as follows:

Fiscal year of expiration
2016	$ (397)
2017	(658,756)
2019	(792,074)
Total capital loss carryforward	$ (1,451,227)

The tax character of distributions paid was as follows:

	February 28, 2013	February 29, 2012
Ordinary Income	$ 1,030,033	$ 823,248

New Accounting Pronouncement. The Financial Accounting Standards Board issued in December 2011, Accounting Standard Update No. 2011-11, Disclosures about Offsetting Assets and Liabilities, and in January 2013, Accounting Standards Update No. 2013-1 Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities. These updates create new disclosure requirements requiring entities to disclose both gross and net information for derivatives and other financial instruments that are either offset in the Statement of Assets and Liabilities or subject to an enforceable master netting arrangement or similar agreement. The disclosure requirements are effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Management is currently evaluating the impact of the update's adoption on the Fund's financial statement disclosures.

4. Derivative Instruments.

Annual Report

4. Derivative Instruments - continued

Risk Exposures and the Use of Derivative Instruments - continued

or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns, to gain exposure to certain types of assets and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risks:

Equity Risk

Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.

The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts is mitigated by the protection provided by the exchange on which they trade.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

4. Derivative Instruments - continued

Futures Contracts - continued

appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract.

Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts." The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of activity for the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments.

During the period the Fund recognized net realized gain (loss) of $81,216 and a change in net unrealized appreciation (depreciation) of $(15,585) related to its investment in futures contracts. These amounts are included in the Statement of Operations.

5. Purchases and Sales of Investments.

Purchases and sales of securities, other than short-term securities, aggregated $5,069,809 and $1,704,367, respectively.

Securities received in-kind through subscriptions totaled $506,578.

6. Fees and Other Transactions with Affiliates.

Management Fee and Expense Contract. FMR and its affiliates provide the Fund with investment management related services for which the Fund pays a monthly management fee. The management fee is based on an annual rate of .025% of the Fund's average net assets. Under the management contract, FMR pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.

In addition, under an expense contract, FMR pays class-level expenses as necessary so that the total expenses do not exceed certain amounts of each class' average net assets on an annual basis with certain exceptions, as noted in the following table:

Investor Class	.10%
Fidelity Advantage Class	.07%
Institutional Class	.05%
Fidelity Advantage Institutional Class	.025%

Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Fund. Geode provides discretionary investment advisory services to the Fund and is paid by FMR for providing these services.

Annual Report

6. Fees and Other Transactions with Affiliates - continued

Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of FMR, is the transfer, dividend disbursing and shareholder servicing agent for each class. FIIOC receives transfer agent fees at an annual rate of .075%, .045%, .035% and .015% of average net assets for Investor Class, Fidelity Advantage Class, Institutional Class and Fidelity Advantage Institutional Class, respectively. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements. Under the expense contract, Institutional Class pays a portion of the transfer agent fees at an annual rate of .025% of average net assets and Fidelity Advantage Institutional Class does not pay transfer agent fees.

For the period, the total transfer agent fees paid by each applicable class were as follows:

	Amount
Investor Class	$ 7,526
Fidelity Advantage Class	9,149
Institutional Class	4,012
	$ 20,687

7. Committed Line of Credit.

The Fund participates with other funds managed by FMR or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The Fund has agreed to pay commitment fees on its pro-rata portion of the line of credit, which amounted to $123 and is reflected in Miscellaneous expenses on the Statement of Operations. During the period, there were no borrowings on this line of credit.

8. Security Lending.

The Fund lends portfolio securities through a lending agent from time to time in order to earn additional income. For equity securities, a lending agent is used and may loan securities to certain qualified borrowers, including Fidelity Capital Markets (FCM), a broker-dealer affiliated with the Fund. On the settlement date of the loan, the Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Fund and any additional required collateral is delivered to the Fund on the next business day. If the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, a fund could experience delays and costs in recovering the securities loaned or in gaining access to the collateral. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on the Fund's Statement of Assets and

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

8. Security Lending - continued

Liabilities. Security lending income represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented in the Statement of Operations as a component of income from Fidelity Central Funds. Total security lending income during the period amounted to $6,389. During the period, there were no securities loaned to FCM.

9. Expense Reductions.

Effective February 1, 2012, FMR contractually agreed to reimburse the Fund to the extent annual operating expenses exceeded certain levels of average net assets as noted in the table below. Some expenses, for example interest expense, including commitment fees, are excluded from this reimbursement. This reimbursement will remain in place through April 30, 2014.

	Expense Limitations	Reimbursement
Investor Class	.095%	$ 502
Fidelity Advantage Class	.060%/.050%*	2,736
Institutional Class	.040%	1,722
Fidelity Advantage Institutional Class	.020%	84

* Expense limitation effective January 1, 2013.

In addition, through arrangements with the Fund's custodian, credits realized as a result of uninvested cash balances were used to reduce the Fund's expenses. During the period, these credits reduced the Fund's management fee by four hundred sixty seven dollars and reduced transfer agent fee by one hundred two dollars.

10. Distributions to Shareholders.

Distributions to shareholders of each class were as follows:

	February 28, 2013	February 29, 2012^A
From net investment income
Investor Class	$ 226,551	$ 405,868
Fidelity Advantage Class	421,592	264,009
Institutional Class	348,307	146,405
Fidelity Advantage Institutional Class	33,583	6,966
Total	$ 1,030,033	$ 823,248

^A Distributions for Institutional Class and Fidelity Advantage Institutional Class are for the period May 4, 2011 (commencement of sale of shares) to February 29, 2012.

Annual Report

11. Share Transactions.

Transactions for each class of shares were as follows:

	Shares		Dollars
	February 28, 2013	February 29, 2012^A	February 28, 2013	February 29, 2012^A
Investor Class
Shares sold	47,792	94,578	$ 2,395,212	$ 4,269,471
Reinvestment of distributions	4,370	8,848	217,646	397,869
Shares redeemed	(241,211)	(418,995)	(12,295,797)	(19,074,702)
Net increase (decrease)	(189,049)	(315,569)	$ (9,682,939)	$ (14,407,362)
Fidelity Advantage Class
Shares sold	271,957	133,837	$ 13,895,241	$ 6,254,732
Issued in exchange for shares of Congress Street	-	983	-	45,955
Issued in exchange of shares of Exchange	-	3,818	-	178,445
Reinvestment of distributions	7,827	5,335	390,172	238,952
Shares redeemed	(75,714)	(140,424)	(3,793,810)	(6,301,502)
Net increase (decrease)	204,070	3,549	$ 10,491,603	$ 416,582
Institutional Class
Shares sold	92,394	335,470	$ 4,615,642	$ 15,034,791
Reinvestment of distributions	6,988	3,423	348,307	146,405
Shares redeemed	(72,117)	(37,249)	(3,630,016)	(1,658,626)
Net increase (decrease)	27,265	301,644	$ 1,333,933	$ 13,522,570
Fidelity Advantage Institutional Class
Shares sold	24,302	16,270	$ 1,217,091	$ 729,075
Reinvestment of distributions	673	166	33,583	6,966
Shares redeemed	(4,226)	(1,663)	(212,351)	(73,768)
Net increase (decrease)	20,749	14,773	$ 1,038,323	$ 662,273

^A Share transactions for Institutional Class and Fidelity Advantage Institutional Class are for the period May 4, 2011 (commencement of sale of shares) to February 29, 2012.

12. Other.

The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

13. Merger Information.

On April 15, 2011 the Fund acquired all of the assets and assumed all of the liabilities of the Fidelity Congress Street Fund and Fidelity Exchange Fund ("Target Funds") pursuant to an agreement and plan of reorganization approved by the Board of Trustees on October 13, 2010. The reorganization provides shareholders of the Target Funds access to a larger more diversified portfolio with similar investment strategies and lower expenses. The acquisition was accomplished by an exchange of 4,801 shares then outstanding of Fidelity Advantage Class of the Fund for 99 shares then outstanding (valued at $465.09 per share) of Fidelity Congress Street Fund, and 551 shares then outstanding (valued at $323.88 per share) of Fidelity Exchange Street Fund. The reorganization qualified as a tax-free reorganization for federal income tax purposes with no gain or loss recognized to the funds or their shareholders. Fidelity Congress Street Fund's net assets, including securities of $45,976 with unrealized appreciation of $32,369 and net other liabilities of $21, and Fidelity Exchange Street Fund's net assets, including securities of $178,427 with unrealized appreciation of $150,195 and net other assets of $18, were combined with the Fund's net assets of $43,105,406 for total net assets after the acquisition of $43,329,806.

Pro forma results of operations of the combined entity for the entire period ended February 29, 2012, as though the acquisition had occurred as of the beginning of the year (rather than on the actual acquisition date), are as follows:

Net investment income (loss)	$ 842,404
Total net realized gain (loss)	348,278
Total change in net unrealized appreciation (depreciation)	944,457
Net increase (decrease) in net assets resulting from operations	$ 2,135,139

Because the combined investment portfolios have been managed as a single portfolio since the acquisition was completed, it is not practicable to separate the amounts of revenue and earnings of the acquired funds that have been included in the Fund's accompanying Statement of Operations since April 15, 2011.

Annual Report

Report of Independent Registered Public Accounting Firm

To the Trustees of Fidelity Concord Street Trust and the Shareholders of Spartan 500 Index Fund:

In our opinion, the accompanying statement of assets and liabilities, including the schedule of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Spartan 500 Index Fund (a fund of Fidelity Concord Street Trust) at February 28, 2013, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Spartan 500 Index Fund's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at February 28, 2013 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Boston, Massachusetts

April 22, 2013

Annual Report

Trustees and Officers

The Trustees, Members of the Advisory Board, and executive officers of the trust and fund, as applicable, are listed below. The Board of Trustees governs the fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee the fund's activities, review contractual arrangements with companies that provide services to the fund, oversee management of the risks associated with such activities and contractual arrangements, and review the fund's performance. Except for James C. Curvey, each of the Trustees oversees 234 Fidelity funds. Mr. Curvey oversees 453 Fidelity funds.

The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person of the trust and the fund (as defined in the 1940 Act) (Independent Trustee), shall retire not later than the last day of the calendar year in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. The executive officers and Advisory Board Members hold office without limit in time, except that any officer and Advisory Board Member may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.

Experience, Skills, Attributes, and Qualifications of the Fund's Trustees. The Governance and Nominating Committee has adopted a statement of policy that describes the experience, qualifications, attributes, and skills that are necessary and desirable for potential Independent Trustee candidates (Statement of Policy). The Board believes that each Trustee satisfied at the time he or she was initially elected or appointed a Trustee, and continues to satisfy, the standards contemplated by the Statement of Policy. The Governance and Nominating Committee also engages professional search firms to help identify potential Independent Trustee candidates who have the experience, qualifications, attributes, and skills consistent with the Statement of Policy. From time to time, additional criteria based on the composition and skills of the current Independent Trustees, as well as experience or skills that may be appropriate in light of future changes to board composition, business conditions, and regulatory or other developments, have also been considered by the professional search firms and the Governance and Nominating Committee. In addition, the Board takes into account the Trustees' commitment and participation in Board and committee meetings, as well as their leadership of standing and ad hoc committees throughout their tenure.

In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing the fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the fund, is provided below.

Annual Report

Board Structure and Oversight Function. James C. Curvey is an interested person (as defined in the 1940 Act) and currently serves as Chairman. The Trustees have determined that an interested Chairman is appropriate and benefits shareholders because an interested Chairman has a personal and professional stake in the quality and continuity of services provided to the fund. Independent Trustees exercise their informed business judgment to appoint an individual of their choosing to serve as Chairman, regardless of whether the Trustee happens to be independent or a member of management. The Independent Trustees have determined that they can act independently and effectively without having an Independent Trustee serve as Chairman and that a key structural component for assuring that they are in a position to do so is for the Independent Trustees to constitute a substantial majority for the Board. The Independent Trustees also regularly meet in executive session. Ned C. Lautenbach serves as Chairman of the Independent Trustees and as such (i) acts as a liaison between the Independent Trustees and management with respect to matters important to the Independent Trustees and (ii) with management prepares agendas for Board meetings.

Fidelity funds are overseen by different Boards of Trustees. The fund's Board oversees Fidelity's equity and high income funds and another Board oversees Fidelity's investment-grade bond, money market, and asset allocation funds. The asset allocation funds may invest in Fidelity funds overseen by the fund's Board. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity funds overseen by each Board.

The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, the fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the fund's activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the fund's business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the fund are carried out by or through FMR, its affiliates and other service providers, the fund's exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the fund's activities, oversight is exercised primarily through the Operations, Audit, and Compliance Committees. In addition, the Independent Trustees have worked with FMR to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. For example, a working group comprised of Independent Trustees and FMR has worked and continues to work to review the Fidelity funds' valuation-related activities, reporting and risk management. Appropriate personnel, including but not limited to the fund's Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the fund's Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of FMR's risk management program for the Fidelity funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Fund's Trustees."

Annual Report

Trustees and Officers - continued

The fund's Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.

Interested Trustees*:

Correspondence intended for each Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
James C. Curvey (1935)
	Year of Election or Appointment: 2007 Mr. Curvey is Trustee and Chairman of the Board of Trustees of certain Trusts. Mr. Curvey also serves as Trustee (2007-present) of other investment companies advised by FMR. Mr. Curvey is a Director of Fidelity Investments Money Management, Inc. (2009-present), Director of Fidelity Research & Analysis Co. (2009-present) and Director of FMR and FMR Co., Inc. (2007-present). Mr. Curvey is also Vice Chairman (2007- present) and Director of FMR LLC. In addition, Mr. Curvey serves as an Overseer for the Boston Symphony Orchestra and a member of the Trustees of Villanova University. Previously, Mr. Curvey was the Vice Chairman (2006-2007) and Director (2000-2007) of FMR Corp.
Ronald P. O'Hanley (1957)
	Year of Election or Appointment: 2011 Mr. O'Hanley is Director of FMR Co., Inc. (2010-present), Director of Fidelity Investments Money Management, Inc. (2010-present), Director of Fidelity Research & Analysis Company (2010-present), President of Fidelity Asset Management and Corporate Services and a member of Fidelity's Executive Committee (2010-present). Previously, Mr. O'Hanley served as President and Chief Executive Officer of BNY Mellon Asset Management (2007-2010). Mr. O'Hanley also served as Vice Chairman of Bank New York Mellon Corp. and a member of that firm's Executive Committee. Prior to the 2007 merger of The Bank of New York and Mellon Financial Corporation, he was Vice Chairman of Mellon Financial Corporation and President and Chief Executive Officer of Mellon Asset Management. He joined Mellon in February 1997. Mr. O'Hanley currently serves as Chairman of the Boston Public Library Foundation Board of Directors and sits on the Board of Directors of Beth Israel Deaconess Medical Center, the Board of Trustees of the Marine Biological Laboratory and the Advisory Board of the Maxwell School of Citizenship and Public Administration at Syracuse University. Mr. O'Hanley also chairs the Council on Asset Management for the Financial Services Roundtable and is a member of the Board of Directors of Institutional Investor's U.S. Institute.

* Trustees have been determined to be "Interested Trustees" by virtue of, among other things, their affiliation with the trust or various entities under common control with FMR.

⁺ The information above includes each Trustee's principal occupation during the last five years and other information relating to the experience, attributes, and skills relevant to each Trustee's qualifications to serve as a Trustee, which led to the conclusion that each Trustee should serve as a Trustee for the fund.

Annual Report

Trustees and Officers - continued

Independent Trustees:

Correspondence intended for each Independent Trustee (that is, the Trustees other than the Interested Trustees) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
Dennis J. Dirks (1948)
	Year of Election or Appointment: 2005 Prior to his retirement in May 2003, Mr. Dirks was Chief Operating Officer and a member of the Board of The Depository Trust & Clearing Corporation (DTCC). He also served as President, Chief Operating Officer, and Board member of The Depository Trust Company (DTC) and President and Board member of the National Securities Clearing Corporation (NSCC). In addition, Mr. Dirks served as Chief Executive Officer and Board member of the Government Securities Clearing Corporation, Chief Executive Officer and Board member of the Mortgage-Backed Securities Clearing Corporation, as a Trustee and a member of the Finance Committee of Manhattan College (2005-2008), and as a Trustee and a member of the Finance Committee of AHRC of Nassau County (2006-2008). Mr. Dirks is a member of the Independent Directors Council (IDC) Governing Council (2010-present) and Board of Directors for The Brookville Center for Children's Services, Inc. (2009-present).
Alan J. Lacy (1953)
	Year of Election or Appointment: 2008 Mr. Lacy serves as Senior Adviser (2007-present) of Oak Hill Capital Partners, L.P. (private equity). Mr. Lacy also served as Chief Executive Officer (2000-2005) and Vice Chairman (2005-2006) of Sears Holdings Corporation and Sears, Roebuck and Co. (retail). In addition, Mr. Lacy serves as a member of the Board of Directors of Dave & Buster's Entertainment, Inc. (restaurant and entertainment complexes, 2010- present), Earth Fare, Inc. (retail grocery, 2012-present), The Hillman Companies, Inc. (hardware wholesalers, 2010-present), and Bristol-Myers Squibb Company (global pharmaceuticals, 2008-present). Mr. Lacy is a member of the Board of Trustees of The National Parks Conservation Association (2006-present). Previously, Mr. Lacy served as Chairman of the Board of Trustees of the National Parks Conservation Association (2008-2011) and as a member of the Board of Directors for the Western Union Company (global money transfer, 2006-2011).
Ned C. Lautenbach (1944)
	Year of Election or Appointment: 2000 Mr. Lautenbach is Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Lautenbach currently serves as the Lead Director of the Eaton Corporation Board of Directors (diversified industrial, 1997-present). Mr. Lautenbach is Chairman of the Board of Directors of the Philharmonic Center for the Arts in Naples, Florida (2012-present) and a member of the Council on Foreign Relations (1994- present). Previously, Mr. Lautenbach was a Partner/Advisory Partner at Clayton, Dubilier & Rice, LLC (private equity investment, 1998-2010), as well as a Director of Sony Corporation (2006-2007).
Joseph Mauriello (1944)
	Year of Election or Appointment: 2008 Prior to his retirement in January 2006, Mr. Mauriello served in numerous senior management positions including Deputy Chairman and Chief Operating Officer (2004-2005), and Vice Chairman of Financial Services (2002-2004) of KPMG LLP US (professional services, 1965-2005). Mr. Mauriello currently serves as a member of the Board of Directors of XL Group plc. (global insurance and re-insurance, 2006-present). Previously, Mr. Mauriello served as a Director of the Hamilton Funds of the Bank of New York (2006-2007) and of Arcadia Resources Inc. (health care services and products, 2007-2012).
Robert W. Selander (1950)
	Year of Election or Appointment: 2011 Previously, Mr. Selander served as a Member of the Advisory Board of Fidelity's Equity and High Income Funds (2011), Executive Vice Chairman (2010), Chief Executive Officer (2009-2010), and President and Chief Executive Officer (1997-2009) of Mastercard, Inc.
Cornelia M. Small (1944)
	Year of Election or Appointment: 2005 Ms. Small is a member of the Board of Directors (2009-present) and Chair of the Investment Committee (2010-present) of the Teagle Foundation. Ms. Small also serves on the Investment Committee of the Berkshire Taconic Community Foundation (2008-present). Previously, Ms. Small served as Chairperson (2002-2008) and a member of the Investment Committee and Chairperson (2008-2012) and a member of the Board of Trustees of Smith College. In addition, Ms. Small served as Chief Investment Officer, Director of Global Equity Investments, and a member of the Board of Directors of Scudder, Stevens & Clark and Scudder Kemper Investments.
William S. Stavropoulos (1939)
	Year of Election or Appointment: 2001 Mr. Stavropoulos is Vice Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Stavropoulos serves as President and Founder of the Michigan Baseball Foundation, the Great Lakes Loons (2007-present). Mr. Stavropoulos is Chairman Emeritus of the Board of Directors of The Dow Chemical Company, where he previously served in numerous senior management positions, including President, CEO (1995-2000; 2002-2004), Chairman of the Executive Committee (2000-2006), and as a member of the Board of Directors (1990-2006). Currently, Mr. Stavropoulos is a Director of Univar Inc. (global distributor of commodity and specialty chemicals, Chairman from 2010-May 2012 and Lead Director from May 2012-present), Teradata Corporation (data warehousing and technology solutions, 2008- present), Maersk Inc. (industrial conglomerate), and Tyco International, Ltd. (multinational manufacturing and services, 2007-present), and a member of the Advisory Board for Metalmark Capital LLC (private equity investment, 2005-present). Mr. Stavropoulos is an operating advisor to Clayton, Dubilier & Rice, LLC (private equity investment). In addition, Mr. Stavropoulos is a member of the University of Notre Dame Advisory Council for the College of Science, a Trustee of the Rollin L. Gerstacker Foundation, and a Director of the Naples Philharmonic Center for the Arts. Previously, Mr. Stavropoulos served as a Director of Chemical Financial Corporation (bank holding company, 1993-2012).
David M. Thomas (1949)
	Year of Election or Appointment: 2008 Previously, Mr. Thomas served as Executive Chairman (2005-2006) and Chairman and Chief Executive Officer (2000-2005) of IMS Health, Inc. (pharmaceutical and healthcare information solutions), and a Director of Fortune Brands, Inc. (consumer products, 2000-2011). In addition, Mr. Thomas serves as Non-Executive Chairman of the Board of Directors of Fortune Brands Home and Security (home and security products, 2011- present), and as a member of the Board of Directors of Interpublic Group of Companies, Inc. (marketing communication, 2004-present).
Michael E. Wiley (1950)
	Year of Election or Appointment: 2008 Mr. Wiley also serves as a Director of Asia Pacific Exploration Consolidated (international oil and gas exploration and production, 2008- present). Mr. Wiley serves as a Director of Tesoro Corporation (independent oil refiner and marketer, 2005-present), and a Director of Bill Barrett Corporation (exploration and production, 2005-present). In addition, Mr. Wiley also serves as a Director of Post Oak Bank (privately-held bank, 2004-present). Previously, Mr. Wiley served as a member of the Board of Trustees of the University of Tulsa (2000-2006; 2007-2010), as a Senior Energy Advisor of Katzenbach Partners, LLC (consulting, 2006-2007), as an Advisory Director of Riverstone Holdings (private investment), Chairman, President, and CEO of Baker Hughes, Inc. (oilfield services, 2000-2004), and as Director of Spinnaker Exploration Company (exploration and production, 2001-2005).

Advisory Board Members and Executive Officers:

Correspondence intended for David A. Rosow and Garnett A. Smith may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235. Correspondence intended for each executive officer and Peter S. Lynch may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.

Name, Year of Birth; Principal Occupation
Peter S. Lynch (1944)
	Year of Election or Appointment: 2003 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Mr. Lynch is Vice Chairman and a Director of FMR and FMR Co., Inc. In addition, Mr. Lynch serves as a Trustee of Boston College and as the Chairman of the Inner-City Scholarship Fund. Previously, Mr. Lynch served on the Special Olympics International Board of Directors (1997-2006).
David A. Rosow (1942)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Chairman and Chief Executive Officer of International Golf Group, Inc. (golf course development, 1989-present). Previously, Mr. Rosow served as Chairman and Chief Executive Officer of Rosow & Company, Inc. (private investment company, 1989-2011), a Lead Director of Hudson United Bancorp (2001-2006) and as a Director of TD Banknorth (1996-2006). In addition, Mr. Rosow is a member (2008- present) and President (2009-present) of the Town Council of Palm Beach, Florida.
Garnett A. Smith (1947)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Prior to Mr. Smith's retirement, he served as Chairman and Chief Executive Officer of Inbrand Corp. (manufacturer of personal absorbent products, 1990-1997). He also served as President (1986-1990) of Inbrand Corp. Prior to his employment with Inbrand Corp., he was employed by a retail fabric chain and North Carolina National Bank. In addition, Mr. Smith is a board member of the Jackson Hole Land Trust (2009-present).
Kenneth B. Robins (1969)
	Year of Election or Appointment: 2008 President and Treasurer of Fidelity's Equity and High Income Funds. Mr. Robins also serves as President and Treasurer (2010-present) and Assistant Treasurer (2009-present) of other Fidelity funds and is an employee of Fidelity Investments (2004-present). Previously, Mr. Robins served as Deputy Treasurer of the Fidelity funds (2005-2008) and Treasurer and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2006-2008).
Bruce T. Herring (1965)
	Year of Election or Appointment: 2006 Vice President of certain Equity Funds. Mr. Herring also serves as Chief Investment Officer of Fidelity Global Asset Allocation (GAA) (2013- present), Chief Investment Officer and Director of Fidelity Management & Research (U.K.) Inc. (2010-present), Group Chief Investment Officer of FMR, and President of Fidelity Research & Analysis Company (2010-present). Previously, Mr. Herring served as Vice President (2005-2006) and Senior Vice President (2006-2007) of Fidelity Management & Research Company, Vice President of FMR Co., Inc. (2001-2007) and as a portfolio manager for Fidelity U.S. Equity Funds.
Brian B. Hogan (1964)
	Year of Election or Appointment: 2009 Vice President of Equity and High Income Funds. Mr. Hogan also serves as President of FMR's Equity Division (2009-present). Previously, Mr. Hogan served as Senior Vice President, Equity Research of FMR (2006- 2009) and as a portfolio manager.
Scott C. Goebel (1968)
	Year of Election or Appointment: 2008 Secretary and Chief Legal Officer (CLO) of the Fidelity funds. Mr. Goebel also serves as Secretary of Fidelity Investments Money Management, Inc. (FIMM) (2010-present) and Fidelity Research and Analysis Company (FRAC) (2010-present); Secretary and CLO of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008- present); General Counsel, Secretary, and Senior Vice President of FMR (2008-present) and FMR Co., Inc. (2008-present); employed by FMR LLC or an affiliate (2001-present); Chief Legal Officer of Fidelity Management & Research (Hong Kong) Limited (2008-present) and Assistant Secretary of Fidelity Management & Research (Japan) Inc. (2008- present), and Fidelity Management & Research (U.K.) Inc. (2008- present). Previously, Mr. Goebel served as Assistant Secretary of FIMM (2008-2010), FRAC (2008-2010), and the Funds (2007-2008) and as Vice President and Secretary of Fidelity Distributors Corporation (FDC) (2005-2007).
William C. Coffey (1969)
	Year of Election or Appointment: 2009 Assistant Secretary of Fidelity's Equity and High Income Funds. Mr. Coffey also serves as Senior Vice President and Deputy General Counsel of FMR LLC (2010-present), and is an employee of Fidelity Investments. Previously, Mr. Coffey served as Vice President and Associate General Counsel of FMR LLC (2005-2009).
Elizabeth Paige Baumann (1968)
	Year of Election or Appointment: 2012 Anti-Money Laundering (AML) Officer of the Fidelity funds. Ms. Baumann also serves as AML Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2012-present), Chief AML Officer of FMR LLC (2012-present), and is an employee of Fidelity Investments. Previously, Ms. Baumann served as Vice President and Deputy Anti-Money Laundering Officer (2007-2012).
Christine Reynolds (1958)
	Year of Election or Appointment: 2008 Chief Financial Officer of the Fidelity funds. Ms. Reynolds became President of Fidelity Pricing and Cash Management Services (FPCMS) in August 2008. Ms. Reynolds served as Chief Operating Officer of FPCMS (2007-2008). Previously, Ms. Reynolds served as President, Treasurer, and Anti-Money Laundering officer of the Fidelity funds (2004-2007).
Joseph A. Hanlon (1968)
	Year of Election or Appointment: 2012 Chief Compliance Officer of Fidelity's Equity and High Income Funds. Mr. Hanlon serves as Compliance Officer of FMR, FMR Co., Inc., Fidelity Investments Money Management, Inc. (FIMM), Fidelity Research and Analysis Company (FRAC), Fidelity Management & Research (Japan) Inc., Fidelity Management & Research (U.K.) Inc., Fidelity Management & Research (Hong Kong), and Strategic Advisers, Inc. (2009-present), as Senior Vice President of the Fidelity Asset Management Division (2009-present), and is an employee of Fidelity Investments.
Joseph F. Zambello (1957)
	Year of Election or Appointment: 2011 Deputy Treasurer of the Fidelity funds. Mr. Zambello is an employee of Fidelity Investments. Previously, Mr. Zambello served as Vice President of FMR's Program Management Group (2009-2011) and Vice President of the Transfer Agent Oversight Group (2005-2009).
Adrien E. Deberghes (1967)
	Year of Election or Appointment: 2008 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Deberghes also serves as Vice President (2011-present) and Assistant Treasurer (2010-present) of other Fidelity funds, and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005).
Stephen Sadoski (1971)
	Year of Election or Appointment: 2012 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Sadoski also serves as Deputy Treasurer of other Fidelity funds (2013-present) and is an employee of Fidelity Investments (2012-present). Previously, Mr. Sadoski served as Assistant Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2012-2013), an assistant chief accountant in the Division of Investment Management of the Securities and Exchange Commission (SEC) (2009-2012) and as a senior manager at Deloitte & Touche (1997-2009).
Stacie Smith (1974)
	Year of Election or Appointment: 2013 Deputy Treasurer of Fidelity's Equity and High Income Funds. Ms. Smith is an employee of Fidelity Investments (2009-present). Previously, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (1996-2009).
Stephanie J. Dorsey (1969)
	Year of Election or Appointment: 2010 Assistant Treasurer of Fidelity's Equity and High Income Funds. Ms. Dorsey also serves as President and Treasurer (2013-present) and Assistant Treasurer (2012-present) of other Fidelity funds and is an employee of Fidelity Investments (2008-present). Previously, Ms. Dorsey served as Deputy Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013), Treasurer (2004-2008) of the JPMorgan Mutual Funds and Vice President (2004-2008) of JPMorgan Chase Bank.
John R. Hebble (1958)
	Year of Election or Appointment: 2009 Assistant Treasurer of Fidelity's Equity and High Income Funds. Mr. Hebble also serves as President (2011-present), Treasurer, and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present) and is an employee of Fidelity Investments. Previously, Mr. Hebble served as President and Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013).
Gary W. Ryan (1958)
	Year of Election or Appointment: 2005 Assistant Treasurer of the Fidelity funds. Mr. Ryan is an employee of Fidelity Investments. Previously, Mr. Ryan served as Vice President of Fund Reporting in Fidelity Pricing and Cash Management Services (FPCMS) (1999-2005).
Jonathan Davis (1968)
	Year of Election or Appointment: 2010 Assistant Treasurer of the Fidelity funds. Mr. Davis is also Assistant Treasurer of Fidelity Rutland Square Trust II and Fidelity Commonwealth Trust II. Mr. Davis is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (2003-2010).

Annual Report

Distributions (Unaudited)

A total of 0.02% of the dividends distributed during the fiscal year was derived from interest on U.S. Government securities which is generally exempt from state income tax.

Investor Class designates 100%, 98%, 98%, and 98%; and Fidelity Advantage Class designates 100%, 97%, 97%, and 97% of the dividends distributed in April, July, October, and December, respectively during the fiscal year as qualifying for the dividends-received deduction for corporate shareholders.

Investor Class and Fidelity Advantage Class designate 100% of the dividends distributed during the fiscal year as amounts which may be taken into account as a dividend for purposes of the maximum rate under section 1(h)(11) of the Internal Revenue Code.

The fund will notify shareholders in January 2014 of amounts for use in preparing 2013 income tax returns.

Annual Report

Investment Adviser

Fidelity Management & Research Company

Boston, MA

Investment Sub-Advisers

FMR Co., Inc.

Geode Capital Management, LLC

General Distributor

Fidelity Distributors Corporation

Smithfield, RI

Transfer and Service Agents

Fidelity Investments Institutional

Operations Company, Inc.

Boston, MA

Fidelity Service Company, Inc.

Boston, MA

Custodian

The Bank of New York Mellon

New York, NY

The Fidelity Telephone
Connection

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and Account Assistance 1-800-544-6666

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(Fidelity Investment logo)(registered trademark)
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UEI-UANN-0413
1.790915.109

Spartan®

500 Index

Fund -

Institutional Class

Fidelity Advantage® Institutional Class

Annual Report

February 28, 2013

(Fidelity Cover Art)

Performance	(Click Here)	How the fund has done over time.
Management's Discussion of Fund Performance	(Click Here)	The Portfolio Manager's review of fund performance and strategy.
Shareholder Expense Example	(Click Here)	An example of shareholder expenses.
Investment Changes	(Click Here)	A summary of major shifts in the fund's investments over the past six months.
Investments	(Click Here)	A complete list of the fund's investments with their market values.
Financial Statements	(Click Here)	Statements of assets and liabilities, operations, and changes in net assets, as well as financial highlights.
Notes	(Click Here)	Notes to the financial statements.
Report of Independent Registered Public Accounting Firm	(Click Here)
Trustees and Officers	(Click Here)
Distributions	(Click Here)

To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov. You may also call 1-800-835-5092 to request a free copy of the proxy voting guidelines.

Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.

Other third-party marks appearing herein are the property of their respective owners.

NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE

Neither the fund nor Fidelity Distributors Corporation is a bank.

Annual Report

Performance: The Bottom Line

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Institutional Class ^A	13.42%	4.93%	8.19%
Fidelity Advantage® Institutional Class ^B	13.46%	4.94%	8.20%

^AThe initial offering of Institutional Class shares took place on May 4, 2011. Returns between October 14, 2005 and May 4, 2011 are those of Fidelity Advantage Class. Returns prior to October 14, 2005 are those of Investor Class.

^BThe initial offering of Fidelity Advantage® Institutional Class shares took place on May 4, 2011. Returns between October 14, 2005 and May 4, 2011 are those of Fidelity Advantage Class. Returns prior to October 14, 2005 are those of Investor Class.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan® 500 Index Fund - Institutional Class on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the S&P 500® Index performed over the same period. The initial offering of Institutional Class took place on May 4, 2011. See above for additional information regarding the performance of Institutional Class.

uuu428

Annual Report

Management's Discussion of Fund Performance

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® 500 Index Fund: For the year, the fund's Institutional Class and Fidelity Advantage® Institutional Class shares gained 13.42% and 13.46%, respectively, in line with the S&P 500® Index. Amid a strong backdrop for equities, all 10 sectors in the index generated positive performance. The fund's leading individual contributor in absolute terms was pharmaceutical maker Pfizer. Industrial conglomerate General Electric and Internet search leader Google both added value, as did several financials positions - insurance-focused conglomerate Berkshire Hathaway and global financial institutions JPMorgan Chase and Bank of America. Telecommunication services provider AT&T also helped. By far, the biggest individual detractor was personal electronics and computer manufacturer Apple, whose negative impact was magnified by the company's large representation in the benchmark. Several other notable technology stocks held back results, including microprocessor company Intel and software manufacturer Microsoft. In the energy sector, Occidental Petroleum and Apache saw their shares return -19% and roughly -31%, respectively, while Caterpillar, a manufacturer of construction equipment and other heavy machinery, further hampered results as well.

Annual Report

Shareholder Expense Example

The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2012 to February 28, 2013).

Actual Expenses

Hypothetical Example for Comparison Purposes

Annual Report

	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Investor Class	.095%
Actual		$ 1,000.00	$ 1,088.90	$ .49
Hypothetical^A		$ 1,000.00	$ 1,024.32	$ .48
Fidelity Advantage Class	.060%
Actual		$ 1,000.00	$ 1,089.30	$ .31
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30
Institutional Class	.040%
Actual		$ 1,000.00	$ 1,089.20	$ .21
Hypothetical^A		$ 1,000.00	$ 1,024.60	$ .20
Fidelity Advantage Institutional Class	.020%
Actual		$ 1,000.00	$ 1,089.50	$ .10
Hypothetical^A		$ 1,000.00	$ 1,024.70	$ .10

^A 5% return per year before expenses

* Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

Annual Report

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Apple, Inc.	3.0	4.8
Exxon Mobil Corp.	3.0	3.2
General Electric Co.	1.8	1.7
Chevron Corp.	1.7	1.7
IBM Corp.	1.6	1.7
Google, Inc. Class A	1.6	1.4
Johnson & Johnson	1.5	1.4
Microsoft Corp.	1.5	1.8
Procter & Gamble Co.	1.5	1.4
AT&T, Inc.	1.5	1.7
	18.7
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Information Technology	18.0	20.0
Financials	15.7	14.2
Health Care	12.1	11.7
Consumer Discretionary	11.3	10.9
Energy	11.0	11.1
Consumer Staples	10.7	11.0
Industrials	10.2	10.0
Materials	3.4	3.3
Utilities	3.4	3.5
Telecommunication Services	3.0	3.2

Annual Report

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 98.8%
	Shares		Value (000s)
CONSUMER DISCRETIONARY - 11.3%
Auto Components - 0.3%
BorgWarner, Inc. (a)(d)	455,394		$ 33,886
Delphi Automotive PLC	1,149,118		48,091
Johnson Controls, Inc.	2,660,675		83,731
The Goodyear Tire & Rubber Co. (a)	953,158		12,372
			178,080
Automobiles - 0.4%
Ford Motor Co.	14,835,160		187,071
Harley-Davidson, Inc.	880,376		46,334
			233,405
Distributors - 0.1%
Genuine Parts Co.	603,617		42,875
Diversified Consumer Services - 0.1%
Apollo Group, Inc. Class A (non-vtg.) (a)(d)	389,270		6,567
H&R Block, Inc. (d)	1,055,608		26,242
			32,809
Hotels, Restaurants & Leisure - 1.8%
Carnival Corp. unit	1,734,866		62,056
Chipotle Mexican Grill, Inc. (a)(d)	122,551		38,823
Darden Restaurants, Inc. (d)	500,413		23,154
International Game Technology	1,035,401		16,504
Marriott International, Inc. Class A	957,663		37,780
McDonald's Corp.	3,906,500		374,633
Starbucks Corp.	2,893,365		158,614
Starwood Hotels & Resorts Worldwide, Inc. (d)	762,551		46,005
Wyndham Worldwide Corp.	545,782		32,878
Wynn Resorts Ltd. (d)	309,179		36,143
Yum! Brands, Inc. (d)	1,757,999		115,114
			941,704
Household Durables - 0.3%
D.R. Horton, Inc. (d)	1,086,532		24,230
Garmin Ltd. (d)	424,834		14,589
Harman International Industries, Inc.	263,936		11,204
Leggett & Platt, Inc. (d)	549,724		16,811
Lennar Corp. Class A (d)	638,752		24,649
Newell Rubbermaid, Inc.	1,119,060		26,119
PulteGroup, Inc. (a)(d)	1,322,792		25,371
Whirlpool Corp.	302,932		34,216
			177,189
Common Stocks - continued
	Shares		Value (000s)
CONSUMER DISCRETIONARY - continued
Internet & Catalog Retail - 1.1%
Amazon.com, Inc. (a)	1,409,980		$ 372,615
Expedia, Inc.	362,095		23,116
Netflix, Inc. (a)(d)	216,131		40,650
priceline.com, Inc. (a)	194,026		133,408
TripAdvisor, Inc. (a)(d)	426,475		19,388
			589,177
Leisure Equipment & Products - 0.1%
Hasbro, Inc. (d)	449,938		18,007
Mattel, Inc. (d)	1,335,138		54,407
			72,414
Media - 3.4%
Cablevision Systems Corp. - NY Group Class A	839,618		11,746
CBS Corp. Class B	2,299,248		99,764
Comcast Corp. Class A	10,339,476		411,408
DIRECTV (a)	2,350,704		113,233
Discovery Communications, Inc. (a)(d)	929,399		68,153
Gannett Co., Inc.	894,106		17,945
Interpublic Group of Companies, Inc.	1,678,542		21,452
News Corp. Class A	7,845,463		225,949
Omnicom Group, Inc.	1,027,935		59,137
Scripps Networks Interactive, Inc. Class A	338,187		21,323
The Walt Disney Co. (d)	6,895,370		376,418
Time Warner Cable, Inc.	1,174,209		101,440
Time Warner, Inc.	3,684,248		195,891
Viacom, Inc. Class B (non-vtg.)	1,797,664		105,091
Washington Post Co. Class B (d)	17,512		6,979
			1,835,929
Multiline Retail - 0.8%
Dollar General Corp. (a)	1,021,755		47,348
Dollar Tree, Inc. (a)	884,064		39,946
Family Dollar Stores, Inc.	372,699		21,449
J.C. Penney Co., Inc. (d)	554,506		9,743
Kohl's Corp. (d)	823,375		37,958
Macy's, Inc.	1,538,028		63,213
Nordstrom, Inc. (d)	591,714		32,083
Target Corp. (d)	2,532,254		159,431
			411,171
Specialty Retail - 2.2%
Abercrombie & Fitch Co. Class A	309,581		14,436
Common Stocks - continued
	Shares		Value (000s)
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
AutoNation, Inc. (a)	151,611		$ 6,636
AutoZone, Inc. (a)(d)	143,703		54,629
Bed Bath & Beyond, Inc. (a)(d)	891,811		50,610
Best Buy Co., Inc. (d)	1,039,252		17,054
CarMax, Inc. (a)(d)	890,316		34,197
GameStop Corp. Class A (d)	471,514		11,816
Gap, Inc. (d)	1,156,566		38,074
Home Depot, Inc.	5,817,777		398,518
Limited Brands, Inc.	931,312		42,393
Lowe's Companies, Inc.	4,376,146		166,950
O'Reilly Automotive, Inc. (a)	445,997		45,376
PetSmart, Inc. (d)	418,188		27,228
Ross Stores, Inc.	865,289		50,152
Staples, Inc. (d)	2,622,092		34,559
Tiffany & Co., Inc. (d)	463,685		31,141
TJX Companies, Inc.	2,837,541		127,604
Urban Outfitters, Inc. (a)	425,808		17,254
			1,168,627
Textiles, Apparel & Luxury Goods - 0.7%
Coach, Inc.	1,103,843		53,349
Fossil, Inc. (a)(d)	210,189		21,601
NIKE, Inc. Class B	2,840,036		154,668
PVH Corp.	303,936		37,035
Ralph Lauren Corp.	238,500		41,373
VF Corp.	342,899		55,296
			363,322
TOTAL CONSUMER DISCRETIONARY			6,046,702
CONSUMER STAPLES - 10.7%
Beverages - 2.4%
Beam, Inc.	619,113		37,784
Brown-Forman Corp. Class B (non-vtg.)	589,736		38,698
Coca-Cola Enterprises, Inc.	1,049,900		37,565
Constellation Brands, Inc. Class A (sub. vtg.) (a)	589,274		26,069
Crimson Wine Group Ltd. (a)	7,708		62
Dr. Pepper Snapple Group, Inc.	809,769		35,322
Molson Coors Brewing Co. Class B	606,393		26,809
Monster Beverage Corp. (a)	580,120		29,255
Common Stocks - continued
	Shares		Value (000s)
CONSUMER STAPLES - continued
Beverages - continued
PepsiCo, Inc.	6,018,846		$ 456,048
The Coca-Cola Co.	15,008,613		581,133
			1,268,745
Food & Staples Retailing - 2.3%
Costco Wholesale Corp.	1,682,572		170,428
CVS Caremark Corp.	4,850,912		247,979
Kroger Co.	1,999,209		58,397
Safeway, Inc. (d)	932,288		22,244
Sysco Corp. (d)	2,287,156		73,555
Wal-Mart Stores, Inc.	6,508,201		460,650
Walgreen Co.	3,342,740		136,852
Whole Foods Market, Inc.	671,350		57,481
			1,227,586
Food Products - 1.8%
Archer Daniels Midland Co.	2,562,495		81,641
Campbell Soup Co. (d)	697,339		28,702
ConAgra Foods, Inc.	1,585,716		54,089
Dean Foods Co. (a)	720,745		11,964
General Mills, Inc. (d)	2,510,583		116,114
H.J. Heinz Co.	1,247,688		90,370
Hormel Foods Corp. (d)	521,666		19,516
Kellogg Co.	962,285		58,218
Kraft Foods Group, Inc.	2,305,067		111,727
McCormick & Co., Inc. (non-vtg.) (d)	515,620		34,686
Mead Johnson Nutrition Co. Class A	789,967		59,176
Mondelez International, Inc.	6,914,692		191,191
The Hershey Co. (d)	581,885		48,494
The J.M. Smucker Co. (d)	422,037		40,220
Tyson Foods, Inc. Class A	1,116,778		25,317
			971,425
Household Products - 2.2%
Clorox Co. (d)	507,658		42,648
Colgate-Palmolive Co. (d)	1,728,132		197,750
Kimberly-Clark Corp.	1,522,503		143,542
Procter & Gamble Co.	10,638,960		810,476
			1,194,416
Common Stocks - continued
	Shares		Value (000s)
CONSUMER STAPLES - continued
Personal Products - 0.2%
Avon Products, Inc.	1,681,553		$ 32,874
Estee Lauder Companies, Inc. Class A	934,085		59,875
			92,749
Tobacco - 1.8%
Altria Group, Inc.	7,879,737		264,365
Lorillard, Inc.	1,511,022		58,235
Philip Morris International, Inc.	6,500,162		596,390
Reynolds American, Inc.	1,261,432		55,099
			974,089
TOTAL CONSUMER STAPLES			5,729,010
ENERGY - 11.0%
Energy Equipment & Services - 1.9%
Baker Hughes, Inc. (d)	1,710,676		76,672
Cameron International Corp. (a)	959,970		61,169
Diamond Offshore Drilling, Inc. (d)	270,485		18,847
Ensco PLC Class A	903,830		54,356
FMC Technologies, Inc. (a)(d)	925,014		48,017
Halliburton Co.	3,610,819		149,885
Helmerich & Payne, Inc. (d)	411,390		27,259
Nabors Industries Ltd.	1,129,890		18,937
National Oilwell Varco, Inc.	1,661,099		113,171
Noble Corp.	983,340		35,223
Rowan Companies PLC (a)(d)	483,242		16,715
Schlumberger Ltd.	5,165,607		402,143
			1,022,394
Oil, Gas & Consumable Fuels - 9.1%
Anadarko Petroleum Corp.	1,944,574		154,749
Apache Corp.	1,522,495		113,076
Cabot Oil & Gas Corp.	816,485		50,598
Chesapeake Energy Corp. (d)	2,017,227		40,667
Chevron Corp.	7,615,439		892,149
ConocoPhillips (d)	4,723,294		273,715
CONSOL Energy, Inc. (d)	886,302		28,495
Denbury Resources, Inc. (a)(d)	1,505,812		27,285
Devon Energy Corp.	1,465,555		79,521
EOG Resources, Inc.	1,054,004		132,499
EQT Corp.	582,149		36,728
Exxon Mobil Corp.	17,740,514		1,588,663
Common Stocks - continued
	Shares		Value (000s)
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Hess Corp. (d)	1,156,202		$ 76,887
Kinder Morgan Holding Co. LLC	2,460,662		91,217
Marathon Oil Corp. (d)	2,748,685		92,081
Marathon Petroleum Corp.	1,319,769		109,382
Murphy Oil Corp.	718,366		43,734
Newfield Exploration Co. (a)(d)	526,161		12,165
Noble Energy, Inc.	692,179		76,714
Occidental Petroleum Corp.	3,152,445		259,541
Peabody Energy Corp.	1,044,297		22,515
Phillips 66	2,435,027		153,309
Pioneer Natural Resources Co. (d)	514,518		64,732
QEP Resources, Inc.	693,057		21,111
Range Resources Corp. (d)	632,792		48,598
Southwestern Energy Co. (a)(d)	1,359,651		46,595
Spectra Energy Corp.	2,590,719		75,234
Tesoro Corp.	546,437		30,732
The Williams Companies, Inc.	2,621,877		91,005
Valero Energy Corp. (d)	2,153,838		98,193
WPX Energy, Inc. (a)(d)	775,053		10,998
			4,842,888
TOTAL ENERGY			5,865,282
FINANCIALS - 15.7%
Capital Markets - 2.1%
Ameriprise Financial, Inc. (d)	800,836		54,961
Bank of New York Mellon Corp.	4,547,077		123,408
BlackRock, Inc. Class A	488,157		117,036
Charles Schwab Corp. (d)	4,266,836		69,293
E*TRADE Financial Corp. (a)(d)	1,001,749		10,729
Franklin Resources, Inc.	536,926		75,841
Goldman Sachs Group, Inc.	1,718,850		257,415
Invesco Ltd.	1,727,779		46,287
Legg Mason, Inc.	456,123		13,000
Morgan Stanley	5,377,489		121,262
Northern Trust Corp.	849,088		45,146
State Street Corp. (d)	1,808,579		102,347
T. Rowe Price Group, Inc.	991,686		70,598
			1,107,323
Common Stocks - continued
	Shares		Value (000s)
FINANCIALS - continued
Commercial Banks - 2.7%
BB&T Corp.	2,722,320		$ 82,650
Comerica, Inc.	740,632		25,463
Fifth Third Bancorp	3,492,066		55,314
First Horizon National Corp.	961,604		10,222
Huntington Bancshares, Inc.	3,328,712		23,401
KeyCorp	3,632,839		34,112
M&T Bank Corp.	473,171		48,306
PNC Financial Services Group, Inc.	2,057,818		128,387
Regions Financial Corp.	5,498,028		42,060
SunTrust Banks, Inc.	2,096,597		57,845
U.S. Bancorp	7,316,569		248,617
Wells Fargo & Co.	19,049,574		668,259
Zions Bancorporation (d)	716,655		17,300
			1,441,936
Consumer Finance - 0.9%
American Express Co. (d)	3,788,240		235,439
Capital One Financial Corp.	2,263,346		115,499
Discover Financial Services	1,964,096		75,677
SLM Corp.	1,798,273		34,113
			460,728
Diversified Financial Services - 3.7%
Bank of America Corp.	41,937,762		470,961
Citigroup, Inc.	11,410,511		478,899
CME Group, Inc.	1,193,443		71,392
IntercontinentalExchange, Inc. (a)(d)	282,951		43,806
JPMorgan Chase & Co.	14,791,348		723,593
Leucadia National Corp. (d)	1,141,334		30,702
McGraw-Hill Companies, Inc. (d)	1,080,537		50,299
Moody's Corp. (d)	754,559		36,264
NYSE Euronext	945,520		35,249
The NASDAQ Stock Market, Inc.	455,659		14,426
			1,955,591
Insurance - 4.1%
ACE Ltd.	1,322,200		112,903
AFLAC, Inc.	1,824,529		91,135
Allstate Corp.	1,874,610		86,270
American International Group, Inc. (a)	5,744,338		218,342
Aon PLC	1,239,941		75,748
Assurant, Inc.	306,256		12,860
Berkshire Hathaway, Inc. Class B (a)	7,097,444		725,075
Common Stocks - continued
	Shares		Value (000s)
FINANCIALS - continued
Insurance - continued
Cincinnati Financial Corp. (d)	569,713		$ 25,643
Genworth Financial, Inc. Class A (a)	1,913,731		16,343
Hartford Financial Services Group, Inc. (d)	1,697,685		40,082
Lincoln National Corp. (d)	1,070,094		31,611
Loews Corp.	1,209,897		52,159
Marsh & McLennan Companies, Inc.	2,118,223		78,671
MetLife, Inc.	4,245,278		150,453
Principal Financial Group, Inc.	1,073,812		33,943
Progressive Corp. (d)	2,164,847		52,736
Prudential Financial, Inc.	1,805,434		100,328
The Chubb Corp.	1,019,230		85,646
The Travelers Companies, Inc.	1,484,229		119,362
Torchmark Corp. (d)	369,374		20,755
Unum Group (d)	1,070,511		26,195
XL Group PLC Class A	1,169,660		33,499
			2,189,759
Real Estate Investment Trusts - 2.1%
American Tower Corp.	1,538,328		119,374
Apartment Investment & Management Co. Class A	566,320		16,774
AvalonBay Communities, Inc. (d)	445,060		55,557
Boston Properties, Inc. (d)	587,010		60,979
Equity Residential (SBI) (d)	1,251,891		68,904
HCP, Inc. (d)	1,758,999		85,980
Health Care REIT, Inc. (d)	1,010,430		64,809
Host Hotels & Resorts, Inc. (d)	2,820,020		47,010
Kimco Realty Corp. (d)	1,586,071		34,529
Plum Creek Timber Co., Inc. (d)	628,699		30,492
Prologis, Inc. (d)	1,793,411		69,835
Public Storage	561,028		84,833
Simon Property Group, Inc.	1,203,684		191,217
Ventas, Inc.	1,150,012		81,398
Vornado Realty Trust (d)	659,101		52,866
Weyerhaeuser Co.	2,107,114		61,970
			1,126,527
Real Estate Management & Development - 0.0%
CBRE Group, Inc. (a)	1,173,929		28,374
Common Stocks - continued
	Shares		Value (000s)
FINANCIALS - continued
Thrifts & Mortgage Finance - 0.1%
Hudson City Bancorp, Inc.	1,849,692		$ 15,759
People's United Financial, Inc.	1,352,634		17,720
			33,479
TOTAL FINANCIALS			8,343,717
HEALTH CARE - 12.1%
Biotechnology - 1.7%
Alexion Pharmaceuticals, Inc. (a)	755,972		65,573
Amgen, Inc.	2,985,796		272,932
Biogen Idec, Inc. (a)	920,605		153,133
Celgene Corp. (a)	1,645,853		169,819
Gilead Sciences, Inc. (a)(d)	5,896,052		251,820
			913,277
Health Care Equipment & Supplies - 2.2%
Abbott Laboratories	6,150,417		207,823
Baxter International, Inc.	2,137,642		144,505
Becton, Dickinson & Co.	766,368		67,486
Boston Scientific Corp. (a)	5,342,315		39,480
C.R. Bard, Inc. (d)	297,858		29,443
CareFusion Corp. (a)	863,482		28,270
Covidien PLC	1,841,968		117,094
DENTSPLY International, Inc. (d)	552,250		22,874
Edwards Lifesciences Corp. (a)(d)	449,066		38,588
Intuitive Surgical, Inc. (a)(d)	154,719		78,890
Medtronic, Inc.	3,935,218		176,927
St. Jude Medical, Inc. (d)	1,199,125		49,164
Stryker Corp. (d)	1,124,321		71,822
Varian Medical Systems, Inc. (a)(d)	425,690		30,066
Zimmer Holdings, Inc. (d)	675,101		50,606
			1,153,038
Health Care Providers & Services - 1.9%
Aetna, Inc. (d)	1,301,893		61,436
AmerisourceBergen Corp. (d)	916,243		43,247
Cardinal Health, Inc.	1,322,084		61,094
CIGNA Corp.	1,112,404		65,031
Coventry Health Care, Inc.	523,355		23,739
DaVita, Inc. (a)	326,161		39,015
Express Scripts Holding Co. (a)	3,176,633		180,782
Humana, Inc.	615,653		42,024
Common Stocks - continued
	Shares		Value (000s)
HEALTH CARE - continued
Health Care Providers & Services - continued
Laboratory Corp. of America Holdings (a)(d)	368,090		$ 32,613
McKesson Corp.	918,438		97,474
Patterson Companies, Inc.	325,478		11,828
Quest Diagnostics, Inc. (d)	618,548		34,744
Tenet Healthcare Corp. (a)	414,297		16,286
UnitedHealth Group, Inc.	3,974,654		212,445
WellPoint, Inc.	1,181,529		73,467
			995,225
Health Care Technology - 0.1%
Cerner Corp. (a)(d)	567,426		49,627
Life Sciences Tools & Services - 0.4%
Agilent Technologies, Inc.	1,355,800		56,239
Life Technologies Corp. (a)	669,479		38,917
PerkinElmer, Inc.	446,612		15,261
Thermo Fisher Scientific, Inc.	1,401,606		103,439
Waters Corp. (a)(d)	338,341		31,371
			245,227
Pharmaceuticals - 5.8%
AbbVie, Inc.	6,150,417		227,073
Actavis, Inc. (a)	497,107		42,334
Allergan, Inc.	1,196,625		129,738
Bristol-Myers Squibb Co.	6,422,871		237,454
Eli Lilly & Co.	3,973,508		217,192
Forest Laboratories, Inc. (a)	910,876		33,520
Hospira, Inc. (a)(d)	642,875		18,920
Johnson & Johnson	10,783,048		820,698
Merck & Co., Inc.	11,828,993		505,453
Mylan, Inc. (a)(d)	1,585,701		46,953
Perrigo Co.	343,374		38,860
Pfizer, Inc.	28,647,954		784,095
			3,102,290
TOTAL HEALTH CARE			6,458,684
INDUSTRIALS - 10.2%
Aerospace & Defense - 2.3%
General Dynamics Corp.	1,291,376		87,775
Honeywell International, Inc.	3,048,119		213,673
L-3 Communications Holdings, Inc.	365,986		27,914
Lockheed Martin Corp.	1,045,041		91,964
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Aerospace & Defense - continued
Northrop Grumman Corp.	955,029		$ 62,726
Precision Castparts Corp.	566,292		105,664
Raytheon Co.	1,283,519		70,042
Rockwell Collins, Inc. (d)	545,573		32,794
Textron, Inc. (d)	1,096,592		31,637
The Boeing Co.	2,640,720		203,071
United Technologies Corp.	3,280,994		297,094
			1,224,354
Air Freight & Logistics - 0.8%
C.H. Robinson Worldwide, Inc.	627,202		35,763
Expeditors International of Washington, Inc. (d)	813,154		31,591
FedEx Corp.	1,136,581		119,830
United Parcel Service, Inc. Class B (d)	2,784,059		230,102
			417,286
Airlines - 0.1%
Southwest Airlines Co.	2,871,495		33,596
Building Products - 0.0%
Masco Corp. (d)	1,389,486		26,762
Commercial Services & Supplies - 0.6%
ADT Corp. (d)	904,538		43,318
Avery Dennison Corp.	387,519		15,830
Cintas Corp. (d)	413,100		18,135
Iron Mountain, Inc. (d)	649,057		22,392
Pitney Bowes, Inc. (d)	781,131		10,233
Republic Services, Inc.	1,163,637		36,585
Stericycle, Inc. (a)(d)	334,199		32,056
Tyco International Ltd.	1,812,117		58,006
Waste Management, Inc.	1,696,740		63,322
			299,877
Construction & Engineering - 0.2%
Fluor Corp.	647,892		40,105
Jacobs Engineering Group, Inc. (a)(d)	506,133		24,720
Quanta Services, Inc. (a)(d)	829,406		23,555
			88,380
Electrical Equipment - 0.7%
Eaton Corp. PLC	1,796,751		111,345
Emerson Electric Co.	2,817,641		159,760
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Electrical Equipment - continued
Rockwell Automation, Inc.	542,055		$ 48,969
Roper Industries, Inc.	382,839		47,706
			367,780
Industrial Conglomerates - 2.5%
3M Co.	2,476,935		257,601
Danaher Corp. (d)	2,264,023		139,464
General Electric Co.	40,802,448		947,433
			1,344,498
Machinery - 1.9%
Caterpillar, Inc. (d)	2,544,473		235,033
Cummins, Inc.	687,783		79,693
Deere & Co. (d)	1,523,986		133,852
Dover Corp. (d)	696,536		51,091
Flowserve Corp.	194,489		31,215
Illinois Tool Works, Inc. (d)	1,659,028		102,030
Ingersoll-Rand PLC	1,089,221		57,347
Joy Global, Inc.	411,973		26,094
PACCAR, Inc. (d)	1,373,652		65,152
Pall Corp.	432,258		29,471
Parker Hannifin Corp. (d)	580,468		54,843
Pentair Ltd. (d)	818,251		43,588
Snap-On, Inc.	226,578		18,187
Stanley Black & Decker, Inc.	656,751		51,686
Xylem, Inc.	722,929		19,881
			999,163
Professional Services - 0.1%
Dun & Bradstreet Corp. (d)	173,405		13,976
Equifax, Inc.	465,359		25,651
Robert Half International, Inc.	547,619		19,468
			59,095
Road & Rail - 0.8%
CSX Corp.	4,013,116		92,061
Norfolk Southern Corp. (d)	1,229,731		89,832
Ryder System, Inc.	198,878		11,177
Union Pacific Corp.	1,830,326		250,956
			444,026
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Trading Companies & Distributors - 0.2%
Fastenal Co. (d)	1,049,226		$ 54,172
W.W. Grainger, Inc. (d)	232,549		52,663
			106,835
TOTAL INDUSTRIALS			5,411,652
INFORMATION TECHNOLOGY - 18.0%
Communications Equipment - 1.9%
Cisco Systems, Inc.	20,658,413		430,728
F5 Networks, Inc. (a)(d)	307,586		29,045
Harris Corp.	441,869		21,241
JDS Uniphase Corp. (a)	910,309		12,890
Juniper Networks, Inc. (a)	2,006,115		41,486
Motorola Solutions, Inc.	1,091,431		67,898
QUALCOMM, Inc.	6,630,418		435,154
			1,038,442
Computers & Peripherals - 4.1%
Apple, Inc.	3,660,256		1,615,642
Dell, Inc.	5,678,203		79,211
EMC Corp. (a)	8,197,046		188,614
Hewlett-Packard Co.	7,650,380		154,079
NetApp, Inc. (a)	1,394,090		47,162
SanDisk Corp. (a)	940,808		47,407
Seagate Technology (d)	1,307,266		42,042
Western Digital Corp.	853,076		40,231
			2,214,388
Electronic Equipment & Components - 0.4%
Amphenol Corp. Class A	623,894		44,209
Corning, Inc.	5,750,315		72,511
FLIR Systems, Inc. (d)	583,755		15,376
Jabil Circuit, Inc.	727,846		13,633
Molex, Inc. (d)	537,594		14,897
TE Connectivity Ltd.	1,644,242		65,983
			226,609
Internet Software & Services - 2.3%
Akamai Technologies, Inc. (a)(d)	690,532		25,522
eBay, Inc. (a)	4,531,435		247,779
Google, Inc. Class A (a)	1,035,640		829,755
Common Stocks - continued
	Shares		Value (000s)
INFORMATION TECHNOLOGY - continued
Internet Software & Services - continued
VeriSign, Inc. (a)(d)	604,109		$ 27,668
Yahoo!, Inc. (a)	4,049,644		86,298
			1,217,022
IT Services - 3.8%
Accenture PLC Class A (d)	2,484,508		184,748
Automatic Data Processing, Inc.	1,888,991		115,908
Cognizant Technology Solutions Corp. Class A (a)	1,168,054		89,672
Computer Sciences Corp.	604,544		29,036
Fidelity National Information Services, Inc.	969,714		36,510
Fiserv, Inc. (a)(d)	519,346		42,644
IBM Corp.	4,132,797		829,990
MasterCard, Inc. Class A	415,812		215,316
Paychex, Inc. (d)	1,258,653		41,661
SAIC, Inc. (d)	1,104,089		13,050
Teradata Corp. (a)(d)	657,974		38,202
The Western Union Co.	2,321,303		32,568
Total System Services, Inc.	625,213		14,855
Visa, Inc. Class A	2,028,464		321,796
			2,005,956
Office Electronics - 0.1%
Xerox Corp.	4,916,881		39,876
Semiconductors & Semiconductor Equipment - 2.0%
Advanced Micro Devices, Inc. (a)(d)	2,354,675		5,863
Altera Corp. (d)	1,247,357		44,181
Analog Devices, Inc.	1,172,596		53,025
Applied Materials, Inc.	4,660,124		63,844
Broadcom Corp. Class A	2,018,975		68,867
First Solar, Inc. (a)(d)	233,654		6,040
Intel Corp. (d)	19,361,736		403,692
KLA-Tencor Corp.	647,918		35,480
Lam Research Corp. (a)	631,696		26,721
Linear Technology Corp. (d)	900,356		34,430
LSI Corp. (a)	2,153,324		14,987
Microchip Technology, Inc. (d)	757,213		27,616
Micron Technology, Inc. (a)(d)	3,959,355		33,219
NVIDIA Corp.	2,431,310		30,780
Teradyne, Inc. (a)(d)	730,936		12,250
Texas Instruments, Inc. (d)	4,361,072		149,890
Xilinx, Inc.	1,015,258		37,839
			1,048,724
Common Stocks - continued
	Shares		Value (000s)
INFORMATION TECHNOLOGY - continued
Software - 3.4%
Adobe Systems, Inc. (a)	1,926,270		$ 75,702
Autodesk, Inc. (a)	874,312		32,105
BMC Software, Inc. (a)(d)	511,506		20,496
CA Technologies, Inc.	1,304,581		31,949
Citrix Systems, Inc. (a)	726,516		51,510
Electronic Arts, Inc. (a)(d)	1,187,288		20,813
Intuit, Inc.	1,082,837		69,821
Microsoft Corp.	29,473,792		819,371
Oracle Corp.	14,625,828		501,081
Red Hat, Inc. (a)	752,233		38,221
salesforce.com, Inc. (a)(d)	508,323		86,018
Symantec Corp. (a)	2,699,989		63,288
			1,810,375
TOTAL INFORMATION TECHNOLOGY			9,601,392
MATERIALS - 3.4%
Chemicals - 2.4%
Air Products & Chemicals, Inc. (d)	828,205		71,507
Airgas, Inc.	273,507		27,427
CF Industries Holdings, Inc.	244,634		49,130
E.I. du Pont de Nemours & Co. (d)	3,628,267		173,794
Eastman Chemical Co.	596,755		41,612
Ecolab, Inc.	1,025,740		78,520
FMC Corp.	534,604		32,215
International Flavors & Fragrances, Inc.	317,376		23,162
LyondellBasell Industries NV Class A	1,477,107		86,588
Monsanto Co.	2,080,134		210,156
PPG Industries, Inc.	555,836		74,849
Praxair, Inc.	1,156,124		130,700
Sherwin-Williams Co.	332,989		53,808
Sigma Aldrich Corp.	468,192		36,079
The Dow Chemical Co.	4,666,241		148,013
The Mosaic Co.	1,076,550		63,021
			1,300,581
Construction Materials - 0.1%
Vulcan Materials Co.	504,260		25,682
Containers & Packaging - 0.1%
Ball Corp.	598,642		26,586
Bemis Co., Inc. (d)	401,903		15,007
Common Stocks - continued
	Shares		Value (000s)
MATERIALS - continued
Containers & Packaging - continued
Owens-Illinois, Inc. (a)	640,190		$ 16,325
Sealed Air Corp.	756,859		16,810
			74,728
Metals & Mining - 0.6%
Alcoa, Inc. (d)	4,152,509		35,379
Allegheny Technologies, Inc. (d)	417,569		12,723
Cliffs Natural Resources, Inc. (d)	589,474		15,008
Freeport-McMoRan Copper & Gold, Inc.	3,693,823		117,907
Newmont Mining Corp.	1,931,636		77,826
Nucor Corp. (d)	1,235,938		55,679
United States Steel Corp. (d)	561,401		11,700
			326,222
Paper & Forest Products - 0.2%
International Paper Co.	1,708,725		75,201
MeadWestvaco Corp.	680,155		24,288
			99,489
TOTAL MATERIALS			1,826,702
TELECOMMUNICATION SERVICES - 3.0%
Diversified Telecommunication Services - 2.7%
AT&T, Inc. (d)	22,101,017		793,648
CenturyLink, Inc. (d)	2,429,027		84,214
Frontier Communications Corp. (d)	3,884,974		16,084
Verizon Communications, Inc. (d)	11,104,672		516,700
Windstream Corp. (d)	2,288,415		19,657
			1,430,303
Wireless Telecommunication Services - 0.3%
Crown Castle International Corp. (a)	1,140,689		79,620
MetroPCS Communications, Inc. (a)	1,232,558		12,079
Sprint Nextel Corp. (a)	11,691,025		67,808
			159,507
TOTAL TELECOMMUNICATION SERVICES			1,589,810
UTILITIES - 3.4%
Electric Utilities - 2.0%
American Electric Power Co., Inc.	1,888,115		88,345
Duke Energy Corp. (d)	2,740,231		189,761
Common Stocks - continued
	Shares		Value (000s)
UTILITIES - continued
Electric Utilities - continued
Edison International	1,267,739		$ 60,890
Entergy Corp. (d)	691,564		43,057
Exelon Corp. (d)	3,324,035		103,012
FirstEnergy Corp.	1,627,288		64,245
NextEra Energy, Inc.	1,646,704		118,349
Northeast Utilities	1,221,559		50,707
Pepco Holdings, Inc.	892,880		18,117
Pinnacle West Capital Corp.	426,845		23,878
PPL Corp.	2,263,432		69,759
Southern Co.	3,401,168		153,087
Xcel Energy, Inc.	1,897,342		54,454
			1,037,661
Gas Utilities - 0.1%
AGL Resources, Inc.	458,293		18,313
ONEOK, Inc.	796,154		35,819
			54,132
Independent Power Producers & Energy Traders - 0.1%
NRG Energy, Inc.	1,254,015		30,096
The AES Corp.	2,402,659		27,919
			58,015
Multi-Utilities - 1.2%
Ameren Corp.	944,098		31,901
CenterPoint Energy, Inc.	1,663,188		35,642
CMS Energy Corp.	1,026,869		27,325
Consolidated Edison, Inc. (d)	1,139,576		67,235
Dominion Resources, Inc.	2,235,821		125,206
DTE Energy Co.	669,540		44,725
Integrys Energy Group, Inc.	303,138		17,149
NiSource, Inc.	1,205,266		33,386
PG&E Corp. (d)	1,673,078		71,340
Public Service Enterprise Group, Inc.	1,968,536		64,155
SCANA Corp.	512,811		25,046
Sempra Energy	875,178		68,054
Common Stocks - continued
	Shares		Value (000s)
UTILITIES - continued
Multi-Utilities - continued
TECO Energy, Inc.	792,166		$ 13,665
Wisconsin Energy Corp. (d)	895,207		36,972
			661,801
TOTAL UTILITIES			1,811,609
TOTAL COMMON STOCKS (Cost $34,996,908)		52,684,560

U.S. Treasury Obligations - 0.1%
	Principal Amount (000s)
U.S. Treasury Bills, yield at date of purchase 0.11% to 0.15% 4/11/13 to 8/22/13 (e) (Cost $52,984)	$ 53,000	52,984

Money Market Funds - 6.4%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	505,695,578		505,696
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	2,899,405,121		2,899,405
TOTAL MONEY MARKET FUNDS (Cost $3,405,101)		3,405,101
TOTAL INVESTMENT PORTFOLIO - 105.3% (Cost $38,454,993)			56,142,645
NET OTHER ASSETS (LIABILITIES) - (5.3)%			(2,826,794)
NET ASSETS - 100%		$ 53,315,851

Futures Contracts
	Expiration Date	Underlying Face Amount at Value (000s)	Unrealized Appreciation/ (Depreciation) (000s)
Purchased
Equity Index Contracts
860 CME S&P 500 Index Contracts	March 2013	$ 325,360	$ 551
4,077 CME E-mini S&P 500 Index Contracts	March 2013	308,486	11,105
TOTAL EQUITY INDEX CONTRACTS		$ 633,846	$ 11,656

The face value of futures purchased as a percentage of net assets is 1.2%

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $33,422,000.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned (Amounts in thousands)
Fidelity Cash Central Fund	$ 860
Fidelity Securities Lending Cash Central Fund	6,389
Total	$ 7,249

Other Information

Valuation Inputs at Reporting Date:
Description (Amounts in thousands)	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 6,046,702	$ 6,046,702	$ -	$ -
Consumer Staples	5,729,010	5,729,010	-	-
Energy	5,865,282	5,865,282	-	-
Financials	8,343,717	8,343,717	-	-
Health Care	6,458,684	6,458,684	-	-
Industrials	5,411,652	5,411,652	-	-
Information Technology	9,601,392	9,601,392	-	-
Materials	1,826,702	1,826,702	-	-
Telecommunication Services	1,589,810	1,589,810	-	-
Utilities	1,811,609	1,811,609	-	-
U.S. Government and Government Agency Obligations	52,984	-	52,984	-
Money Market Funds	3,405,101	3,405,101	-	-
Total Investments in Securities:	$ 56,142,645	$ 56,089,661	$ 52,984	$ -
Derivative Instruments:
Assets
Futures Contracts	$ 11,656	$ 11,656	$ -	$ -

Value of Derivative Instruments

Primary Risk Exposure / Derivative Type	Value (000s)
	Asset	Liability
Equity Risk
Futures Contracts (a)	$ 11,656	$ -
Total Value of Derivatives	$ 11,656	$ -

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Statements

Statement of Assets and Liabilities

Amounts in thousands (except per-share amounts)	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $2,830,863) - See accompanying schedule: Unaffiliated issuers (cost $35,049,892)	$ 52,737,544
Fidelity Central Funds (cost $3,405,101)	3,405,101
Total Investments (cost $38,454,993)		$ 56,142,645
Receivable for investments sold		504
Receivable for fund shares sold		50,173
Dividends receivable		130,276
Distributions receivable from Fidelity Central Funds		517
Receivable from investment adviser for expense reductions		751
Other receivables		1,175
Total assets		56,326,041

Liabilities
Payable for investments purchased	$ 9,960
Payable for fund shares redeemed	95,653
Accrued management fee	1,106
Payable for daily variation margin on futures contracts	1,159
Other affiliated payables	1,749
Other payables and accrued expenses	1,158
Collateral on securities loaned, at value	2,899,405
Total liabilities		3,010,190

Net Assets		$ 53,315,851
Net Assets consist of:
Paid in capital		$ 36,968,469
Undistributed net investment income		191,536
Accumulated undistributed net realized gain (loss) on investments		(1,543,462)
Net unrealized appreciation (depreciation) on investments		17,699,308
Net Assets		$ 53,315,851

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Statements - continued

Statement of Assets and Liabilities - continued

Amounts in thousands (except per-share amounts)	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($4,704,580 ÷ 87,422.1 shares)		$ 53.81

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($28,996,114 ÷ 538,741.7 shares)		$ 53.82

Institutional Class: Net Asset Value, offering price and redemption price per share ($17,703,199 ÷ 328,908.9 shares)		$ 53.82

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($1,911,958 ÷ 35,521.7 shares)		$ 53.83

See accompanying notes which are an integral part of the financial statements.

Annual Report

Statement of Operations

Amounts in thousands	Year ended February 28, 2013

Investment Income
Dividends		$ 1,096,817
Interest		42
Income from Fidelity Central Funds		7,249
Total income		1,104,108

Expenses
Management fee	$ 11,968
Transfer agent fees	20,687
Independent trustees' compensation	313
Miscellaneous	122
Total expenses before reductions	33,090
Expense reductions	(5,045)	28,045
Net investment income (loss)		1,076,063
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	735,222
Futures contracts	81,216
Total net realized gain (loss)		816,438
Change in net unrealized appreciation (depreciation) on: Investment securities	4,306,013
Futures contracts	(15,585)
Total change in net unrealized appreciation (depreciation)		4,290,428
Net gain (loss)		5,106,866
Net increase (decrease) in net assets resulting from operations		$ 6,182,929

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Statements - continued

Statement of Changes in Net Assets

Amounts in thousands	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 1,076,063	$ 842,018
Net realized gain (loss)	816,438	346,325
Change in net unrealized appreciation (depreciation)	4,290,428	947,325
Net increase (decrease) in net assets resulting from operations	6,182,929	2,135,668
Distributions to shareholders from net investment income	(1,030,033)	(823,248)
Share transactions - net increase (decrease)	3,180,920	194,063
Total increase (decrease) in net assets	8,333,816	1,506,483

Net Assets
Beginning of period	44,982,035	43,475,552
End of period (including undistributed net investment income of $191,536 and undistributed net investment income of $145,444, respectively)	$ 53,315,851	$ 44,982,035

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012 ^H	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 48.49	$ 47.09	$ 39.19	$ 26.10	$ 47.20
Income from Investment Operations
Net investment income (loss) ^B	1.10	.89	.81	.75	.95
Net realized and unrealized gain (loss)	5.28	1.40	7.88	13.12	(21.09)
Total from investment operations	6.38	2.29	8.69	13.87	(20.14)
Distributions from net investment income	(1.06)	(.89)	(.79)	(.78)	(.96)
Net asset value, end of period	$ 53.81	$ 48.49	$ 47.09	$ 39.19	$ 26.10
Total Return ^A	13.36%	5.04%	22.47%	53.68%	(43.35)%
Ratios to Average Net Assets ^{C, E}
Expenses before reductions	.10%	.10%	.10%	.10%	.10%
Expenses net of fee waivers, if any	.10% ^G	.10%	.10%	.10%	.10%
Expenses net of all reductions	.10% ^G	.10%	.10%	.10%	.10%
Net investment income (loss)	2.21%	1.96%	1.94%	2.14%	2.36%
Supplemental Data
Net assets, end of period (in millions)	$ 4,705	$ 13,407	$ 27,881	$ 23,666	$ 11,363
Portfolio turnover rate ^D	4%	5% ^F	4%	11% ^F	8%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

^B Calculated based on average shares outstanding during the period.

^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds.

^F The portfolio turnover rate does not include the assets acquired in the merger.

^G Amount represents .095%.

^H For the year ended February 29.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^G	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 48.50	$ 47.10	$ 39.19	$ 26.11	$ 47.20
Income from Investment Operations
Net investment income (loss)^B	1.13	.90	.82	.77	.96
Net realized and unrealized gain (loss)	5.27	1.40	7.89	13.10	(21.08)
Total from investment operations	6.40	2.30	8.71	13.87	(20.12)
Distributions from net investment income	(1.08)	(.90)	(.80)	(.79)	(.97)
Net asset value, end of period	$ 53.82	$ 48.50	$ 47.10	$ 39.19	$ 26.11
Total Return^A	13.39%	5.07%	22.53%	53.67%	(43.31)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.07%	.07%	.07%	.07%	.07%
Expenses net of fee waivers, if any	.06%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.06%	.07%	.07%	.07%	.07%
Net investment income (loss)	2.25%	1.99%	1.97%	2.17%	2.39%
Supplemental Data
Net assets, end of period (in millions)	$ 28,996	$ 16,230	$ 15,595	$ 12,455	$ 3,667
Portfolio turnover rate^D	4%	5%^F	4%	11%^F	8%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

^B Calculated based on average shares outstanding during the period.

^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds.

^F The portfolio turnover rate does not include the assets acquired in the merger.

^G For the year ended February 29.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Institutional Class

Years ended February 28,	2013	2012^G
Selected Per-Share Data
Net asset value, beginning of period	$ 48.50	$ 47.74
Income from Investment Operations
Net investment income (loss)^D	1.13	.79
Net realized and unrealized gain (loss)	5.28	.68
Total from investment operations	6.41	1.47
Distributions from net investment income	(1.09)	(.71)
Net asset value, end of period	$ 53.82	$ 48.50
Total Return^{B, C}	13.42%	3.25%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.05%	.05%^A
Expenses net of fee waivers, if any	.04%	.05%^A
Expenses net of all reductions	.04%	.05%^A
Net investment income (loss)	2.27%	2.19%^A
Supplemental Data
Net assets, end of period (in millions)	$ 17,703	$ 14,629
Portfolio turnover rate^F	4%	5%^I

^A Annualized

^B Total returns for periods of less than one year are not annualized.

^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

^D Calculated based on average shares outstanding during the period.

^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds.

^G For the period May 4, 2011 (commencement of sale of shares) to February 29, 2012.

^I The portfolio turnover rate does not include the assets acquired in the merger.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^H
Selected Per-Share Data
Net asset value, beginning of period	$ 48.50	$ 47.74
Income from Investment Operations
Net investment income (loss)^D	1.14	.81
Net realized and unrealized gain (loss)	5.29	.67
Total from investment operations	6.43	1.48
Distributions from net investment income	(1.10)	(.72)
Net asset value, end of period	$ 53.83	$ 48.50
Total Return^{B, C}	13.46%	3.27%
Ratios to Average Net Assets^{E, I}
Expenses before reductions	.03%^G	.03%^{A, G}
Expenses net of fee waivers, if any	.02%	.03%^{A, G}
Expenses net of all reductions	.02%	.03%^{A, G}
Net investment income (loss)	2.29%	2.24%^A
Supplemental Data
Net assets, end of period (in millions)	$ 1,912	$ 716
Portfolio turnover rate^F	4%	5%^J

^A Annualized

^B Total returns for periods of less than one year are not annualized.

^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

^D Calculated based on average shares outstanding during the period.

^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds.

^G Amount represents .025%.

^H For the period May 4, 2011 (commencement of sale of shares) to February 29, 2012.

^J The portfolio turnover rate does not include the assets acquired in the merger.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Notes to Financial Statements

For the period ended February 28, 2013

(Amounts in thousands except percentages)

1. Organization.

2. Investments in Fidelity Central Funds.

The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.

3. Significant Accounting Policies.

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

3. Significant Accounting Policies - continued

the financial statements. The following summarizes the significant accounting policies of the Fund:

The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value the Fund's investments by major category are as follows:

Annual Report

3. Significant Accounting Policies - continued

Investment Valuation - continued

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

3. Significant Accounting Policies - continued

Book-tax differences are primarily due to futures contracts, market discount, deferred trustees compensation, capital loss carryforwards and losses deferred due to wash sales.

The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows:

Gross unrealized appreciation	$ 21,612,588
Gross unrealized depreciation	(4,005,515)
Net unrealized appreciation (depreciation) on securities and other investments	$ 17,607,073

Tax Cost	$ 38,535,572

Annual Report

3. Significant Accounting Policies - continued

Income Tax Information and Distributions to Shareholders - continued

The tax-based components of distributable earnings as of period end were as follows:

Undistributed ordinary income	$ 192,698
Capital loss carryforward	$ (1,451,227)
Net unrealized appreciation (depreciation)	$ 17,607,073

Fiscal year of expiration
2016	$ (397)
2017	(658,756)
2019	(792,074)
Total capital loss carryforward	$ (1,451,227)

The tax character of distributions paid was as follows:

	February 28, 2013	February 29, 2012
Ordinary Income	$ 1,030,033	$ 823,248

4. Derivative Instruments.

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

4. Derivative Instruments - continued

Risk Exposures and the Use of Derivative Instruments - continued

The Fund's use of derivatives increased or decreased its exposure to the following risks:

Equity Risk

Annual Report

4. Derivative Instruments - continued

Futures Contracts - continued

5. Purchases and Sales of Investments.

Purchases and sales of securities, other than short-term securities, aggregated $5,069,809 and $1,704,367, respectively.

Securities received in-kind through subscriptions totaled $506,578.

6. Fees and Other Transactions with Affiliates.

Investor Class	.10%
Fidelity Advantage Class	.07%
Institutional Class	.05%
Fidelity Advantage Institutional Class	.025%

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

6. Fees and Other Transactions with Affiliates - continued

For the period, the total transfer agent fees paid by each applicable class were as follows:

	Amount
Investor Class	$ 7,526
Fidelity Advantage Class	9,149
Institutional Class	4,012
	$ 20,687

7. Committed Line of Credit.

8. Security Lending.

Annual Report

8. Security Lending - continued

9. Expense Reductions.

	Expense Limitations	Reimbursement
Investor Class	.095%	$ 502
Fidelity Advantage Class	.060%/.050%*	2,736
Institutional Class	.040%	1,722
Fidelity Advantage Institutional Class	.020%	84

* Expense limitation effective January 1, 2013.

10. Distributions to Shareholders.

Distributions to shareholders of each class were as follows:

	February 28, 2013	February 29, 2012^A
From net investment income
Investor Class	$ 226,551	$ 405,868
Fidelity Advantage Class	421,592	264,009
Institutional Class	348,307	146,405
Fidelity Advantage Institutional Class	33,583	6,966
Total	$ 1,030,033	$ 823,248

^A Distributions for Institutional Class and Fidelity Advantage Institutional Class are for the period May 4, 2011 (commencement of sale of shares) to February 29, 2012.

Annual Report

Notes to Financial Statements - continued

(Amounts in thousands except percentages)

11. Share Transactions.

Transactions for each class of shares were as follows:

	Shares		Dollars
	February 28, 2013	February 29, 2012^A	February 28, 2013	February 29, 2012^A
Investor Class
Shares sold	47,792	94,578	$ 2,395,212	$ 4,269,471
Reinvestment of distributions	4,370	8,848	217,646	397,869
Shares redeemed	(241,211)	(418,995)	(12,295,797)	(19,074,702)
Net increase (decrease)	(189,049)	(315,569)	$ (9,682,939)	$ (14,407,362)
Fidelity Advantage Class
Shares sold	271,957	133,837	$ 13,895,241	$ 6,254,732
Issued in exchange for shares of Congress Street	-	983	-	45,955
Issued in exchange of shares of Exchange	-	3,818	-	178,445
Reinvestment of distributions	7,827	5,335	390,172	238,952
Shares redeemed	(75,714)	(140,424)	(3,793,810)	(6,301,502)
Net increase (decrease)	204,070	3,549	$ 10,491,603	$ 416,582
Institutional Class
Shares sold	92,394	335,470	$ 4,615,642	$ 15,034,791
Reinvestment of distributions	6,988	3,423	348,307	146,405
Shares redeemed	(72,117)	(37,249)	(3,630,016)	(1,658,626)
Net increase (decrease)	27,265	301,644	$ 1,333,933	$ 13,522,570
Fidelity Advantage Institutional Class
Shares sold	24,302	16,270	$ 1,217,091	$ 729,075
Reinvestment of distributions	673	166	33,583	6,966
Shares redeemed	(4,226)	(1,663)	(212,351)	(73,768)
Net increase (decrease)	20,749	14,773	$ 1,038,323	$ 662,273

^A Share transactions for Institutional Class and Fidelity Advantage Institutional Class are for the period May 4, 2011 (commencement of sale of shares) to February 29, 2012.

12. Other.

Annual Report

13. Merger Information.

Net investment income (loss)	$ 842,404
Total net realized gain (loss)	348,278
Total change in net unrealized appreciation (depreciation)	944,457
Net increase (decrease) in net assets resulting from operations	$ 2,135,139

Annual Report

Report of Independent Registered Public Accounting Firm

To the Trustees of Fidelity Concord Street Trust and the Shareholders of Spartan 500 Index Fund:

PricewaterhouseCoopers LLP

Boston, Massachusetts

April 22, 2013

Annual Report

Trustees and Officers

Annual Report

Trustees and Officers - continued

Annual Report

The fund's Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-835-5092.

Interested Trustees*:

Correspondence intended for each Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
James C. Curvey (1935)
	Year of Election or Appointment: 2007 Mr. Curvey is Trustee and Chairman of the Board of Trustees of certain Trusts. Mr. Curvey also serves as Trustee (2007-present) of other investment companies advised by FMR. Mr. Curvey is a Director of Fidelity Investments Money Management, Inc. (2009-present), Director of Fidelity Research & Analysis Co. (2009-present) and Director of FMR and FMR Co., Inc. (2007-present). Mr. Curvey is also Vice Chairman (2007-present) and Director of FMR LLC. In addition, Mr. Curvey serves as an Overseer for the Boston Symphony Orchestra and a member of the Trustees of Villanova University. Previously, Mr. Curvey was the Vice Chairman (2006-2007) and Director (2000-2007) of FMR Corp.
Ronald P. O'Hanley (1957)
	Year of Election or Appointment: 2011 Mr. O'Hanley is Director of FMR Co., Inc. (2010-present), Director of Fidelity Investments Money Management, Inc. (2010-present), Director of Fidelity Research & Analysis Company (2010-present), President of Fidelity Asset Management and Corporate Services and a member of Fidelity's Executive Committee (2010-present). Previously, Mr. O'Hanley served as President and Chief Executive Officer of BNY Mellon Asset Management (2007-2010). Mr. O'Hanley also served as Vice Chairman of Bank New York Mellon Corp. and a member of that firm's Executive Committee. Prior to the 2007 merger of The Bank of New York and Mellon Financial Corporation, he was Vice Chairman of Mellon Financial Corporation and President and Chief Executive Officer of Mellon Asset Management. He joined Mellon in February 1997. Mr. O'Hanley currently serves as Chairman of the Boston Public Library Foundation Board of Directors and sits on the Board of Directors of Beth Israel Deaconess Medical Center, the Board of Trustees of the Marine Biological Laboratory and the Advisory Board of the Maxwell School of Citizenship and Public Administration at Syracuse University. Mr. O'Hanley also chairs the Council on Asset Management for the Financial Services Roundtable and is a member of the Board of Directors of Institutional Investor's U.S. Institute.

* Trustees have been determined to be "Interested Trustees" by virtue of, among other things, their affiliation with the trust or various entities under common control with FMR.

Annual Report

Independent Trustees:

Correspondence intended for each Independent Trustee (that is, the Trustees other than the Interested Trustees) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
Dennis J. Dirks (1948)
	Year of Election or Appointment: 2005 Prior to his retirement in May 2003, Mr. Dirks was Chief Operating Officer and a member of the Board of The Depository Trust & Clearing Corporation (DTCC). He also served as President, Chief Operating Officer, and Board member of The Depository Trust Company (DTC) and President and Board member of the National Securities Clearing Corporation (NSCC). In addition, Mr. Dirks served as Chief Executive Officer and Board member of the Government Securities Clearing Corporation, Chief Executive Officer and Board member of the Mortgage-Backed Securities Clearing Corporation, as a Trustee and a member of the Finance Committee of Manhattan College (2005-2008), and as a Trustee and a member of the Finance Committee of AHRC of Nassau County (2006-2008). Mr. Dirks is a member of the Independent Directors Council (IDC) Governing Council (2010-present) and Board of Directors for The Brookville Center for Children's Services, Inc. (2009-present).
Alan J. Lacy (1953)
	Year of Election or Appointment: 2008 Mr. Lacy serves as Senior Adviser (2007-present) of Oak Hill Capital Partners, L.P. (private equity). Mr. Lacy also served as Chief Executive Officer (2000-2005) and Vice Chairman (2005-2006) of Sears Holdings Corporation and Sears, Roebuck and Co. (retail). In addition, Mr. Lacy serves as a member of the Board of Directors of Dave & Buster's Entertainment, Inc. (restaurant and entertainment complexes, 2010-present), Earth Fare, Inc. (retail grocery, 2012-present), The Hillman Companies, Inc. (hardware wholesalers, 2010-present), and Bristol-Myers Squibb Company (global pharmaceuticals, 2008-present). Mr. Lacy is a member of the Board of Trustees of The National Parks Conservation Association (2006-present). Previously, Mr. Lacy served as Chairman of the Board of Trustees of the National Parks Conservation Association (2008-2011) and as a member of the Board of Directors for the Western Union Company (global money transfer, 2006-2011).
Ned C. Lautenbach (1944)
	Year of Election or Appointment: 2000 Mr. Lautenbach is Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Lautenbach currently serves as the Lead Director of the Eaton Corporation Board of Directors (diversified industrial, 1997-present). Mr. Lautenbach is Chairman of the Board of Directors of the Philharmonic Center for the Arts in Naples, Florida (2012-present) and a member of the Council on Foreign Relations (1994-present). Previously, Mr. Lautenbach was a Partner/Advisory Partner at Clayton, Dubilier & Rice, LLC (private equity investment, 1998-2010), as well as a Director of Sony Corporation (2006-2007).
Joseph Mauriello (1944)
	Year of Election or Appointment: 2008 Prior to his retirement in January 2006, Mr. Mauriello served in numerous senior management positions including Deputy Chairman and Chief Operating Officer (2004-2005), and Vice Chairman of Financial Services (2002-2004) of KPMG LLP US (professional services, 1965-2005). Mr. Mauriello currently serves as a member of the Board of Directors of XL Group plc. (global insurance and re-insurance, 2006-present). Previously, Mr. Mauriello served as a Director of the Hamilton Funds of the Bank of New York (2006-2007) and of Arcadia Resources Inc. (health care services and products, 2007-2012).
Robert W. Selander (1950)
	Year of Election or Appointment: 2011 Previously, Mr. Selander served as a Member of the Advisory Board of Fidelity's Equity and High Income Funds (2011), Executive Vice Chairman (2010), Chief Executive Officer (2009-2010), and President and Chief Executive Officer (1997-2009) of Mastercard, Inc.
Cornelia M. Small (1944)
	Year of Election or Appointment: 2005 Ms. Small is a member of the Board of Directors (2009-present) and Chair of the Investment Committee (2010-present) of the Teagle Foundation. Ms. Small also serves on the Investment Committee of the Berkshire Taconic Community Foundation (2008-present). Previously, Ms. Small served as Chairperson (2002-2008) and a member of the Investment Committee and Chairperson (2008-2012) and a member of the Board of Trustees of Smith College. In addition, Ms. Small served as Chief Investment Officer, Director of Global Equity Investments, and a member of the Board of Directors of Scudder, Stevens & Clark and Scudder Kemper Investments.
William S. Stavropoulos (1939)
	Year of Election or Appointment: 2001 Mr. Stavropoulos is Vice Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Stavropoulos serves as President and Founder of the Michigan Baseball Foundation, the Great Lakes Loons (2007-present). Mr. Stavropoulos is Chairman Emeritus of the Board of Directors of The Dow Chemical Company, where he previously served in numerous senior management positions, including President, CEO (1995-2000; 2002-2004), Chairman of the Executive Committee (2000-2006), and as a member of the Board of Directors (1990-2006). Currently, Mr. Stavropoulos is a Director of Univar Inc. (global distributor of commodity and specialty chemicals, Chairman from 2010-May 2012 and Lead Director from May 2012-present), Teradata Corporation (data warehousing and technology solutions, 2008-present), Maersk Inc. (industrial conglomerate), and Tyco International, Ltd. (multinational manufacturing and services, 2007-present), and a member of the Advisory Board for Metalmark Capital LLC (private equity investment, 2005-present). Mr. Stavropoulos is an operating advisor to Clayton, Dubilier & Rice, LLC (private equity investment). In addition, Mr. Stavropoulos is a member of the University of Notre Dame Advisory Council for the College of Science, a Trustee of the Rollin L. Gerstacker Foundation, and a Director of the Naples Philharmonic Center for the Arts. Previously, Mr. Stavropoulos served as a Director of Chemical Financial Corporation (bank holding company, 1993-2012).
David M. Thomas (1949)
	Year of Election or Appointment: 2008 Previously, Mr. Thomas served as Executive Chairman (2005-2006) and Chairman and Chief Executive Officer (2000-2005) of IMS Health, Inc. (pharmaceutical and healthcare information solutions), and a Director of Fortune Brands, Inc. (consumer products, 2000-2011). In addition, Mr. Thomas serves as Non-Executive Chairman of the Board of Directors of Fortune Brands Home and Security (home and security products, 2011-present), and as a member of the Board of Directors of Interpublic Group of Companies, Inc. (marketing communication, 2004-present).
Michael E. Wiley (1950)
	Year of Election or Appointment: 2008 Mr. Wiley also serves as a Director of Asia Pacific Exploration Consolidated (international oil and gas exploration and production, 2008-present). Mr. Wiley serves as a Director of Tesoro Corporation (independent oil refiner and marketer, 2005-present), and a Director of Bill Barrett Corporation (exploration and production, 2005-present). In addition, Mr. Wiley also serves as a Director of Post Oak Bank (privately-held bank, 2004-present). Previously, Mr. Wiley served as a member of the Board of Trustees of the University of Tulsa (2000-2006; 2007-2010), as a Senior Energy Advisor of Katzenbach Partners, LLC (consulting, 2006-2007), as an Advisory Director of Riverstone Holdings (private investment), Chairman, President, and CEO of Baker Hughes, Inc. (oilfield services, 2000-2004), and as Director of Spinnaker Exploration Company (exploration and production, 2001-2005).

Advisory Board Members and Executive Officers:

Name, Year of Birth; Principal Occupation
Peter S. Lynch (1944)
	Year of Election or Appointment: 2003 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Mr. Lynch is Vice Chairman and a Director of FMR and FMR Co., Inc. In addition, Mr. Lynch serves as a Trustee of Boston College and as the Chairman of the Inner-City Scholarship Fund. Previously, Mr. Lynch served on the Special Olympics International Board of Directors (1997-2006).
David A. Rosow (1942)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Chairman and Chief Executive Officer of International Golf Group, Inc. (golf course development, 1989-present). Previously, Mr. Rosow served as Chairman and Chief Executive Officer of Rosow & Company, Inc. (private investment company, 1989-2011), a Lead Director of Hudson United Bancorp (2001-2006) and as a Director of TD Banknorth (1996-2006). In addition, Mr. Rosow is a member (2008-present) and President (2009-present) of the Town Council of Palm Beach, Florida.
Garnett A. Smith (1947)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Prior to Mr. Smith's retirement, he served as Chairman and Chief Executive Officer of Inbrand Corp. (manufacturer of personal absorbent products, 1990-1997). He also served as President (1986-1990) of Inbrand Corp. Prior to his employment with Inbrand Corp., he was employed by a retail fabric chain and North Carolina National Bank. In addition, Mr. Smith is a board member of the Jackson Hole Land Trust (2009-present).
Kenneth B. Robins (1969)
	Year of Election or Appointment: 2008 President and Treasurer of Fidelity's Equity and High Income Funds. Mr. Robins also serves as President and Treasurer (2010-present) and Assistant Treasurer (2009-present) of other Fidelity funds and is an employee of Fidelity Investments (2004-present). Previously, Mr. Robins served as Deputy Treasurer of the Fidelity funds (2005-2008) and Treasurer and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2006-2008).
Bruce T. Herring (1965)
	Year of Election or Appointment: 2006 Vice President of certain Equity Funds. Mr. Herring also serves as Chief Investment Officer of Fidelity Global Asset Allocation (GAA) (2013-present), Chief Investment Officer and Director of Fidelity Management & Research (U.K.) Inc. (2010-present), Group Chief Investment Officer of FMR, and President of Fidelity Research & Analysis Company (2010-present). Previously, Mr. Herring served as Vice President (2005-2006) and Senior Vice President (2006-2007) of Fidelity Management & Research Company, Vice President of FMR Co., Inc. (2001-2007) and as a portfolio manager for Fidelity U.S. Equity Funds.
Brian B. Hogan (1964)
	Year of Election or Appointment: 2009 Vice President of Equity and High Income Funds. Mr. Hogan also serves as President of FMR's Equity Division (2009-present). Previously, Mr. Hogan served as Senior Vice President, Equity Research of FMR (2006-2009) and as a portfolio manager.
Scott C. Goebel (1968)
	Year of Election or Appointment: 2008 Secretary and Chief Legal Officer (CLO) of the Fidelity funds. Mr. Goebel also serves as Secretary of Fidelity Investments Money Management, Inc. (FIMM) (2010-present) and Fidelity Research and Analysis Company (FRAC) (2010-present); Secretary and CLO of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present); General Counsel, Secretary, and Senior Vice President of FMR (2008-present) and FMR Co., Inc. (2008-present); employed by FMR LLC or an affiliate (2001-present); Chief Legal Officer of Fidelity Management & Research (Hong Kong) Limited (2008-present) and Assistant Secretary of Fidelity Management & Research (Japan) Inc. (2008-present), and Fidelity Management & Research (U.K.) Inc. (2008-present). Previously, Mr. Goebel served as Assistant Secretary of FIMM (2008-2010), FRAC (2008-2010), and the Funds (2007-2008) and as Vice President and Secretary of Fidelity Distributors Corporation (FDC) (2005-2007).
William C. Coffey (1969)
	Year of Election or Appointment: 2009 Assistant Secretary of Fidelity's Equity and High Income Funds. Mr. Coffey also serves as Senior Vice President and Deputy General Counsel of FMR LLC (2010-present), and is an employee of Fidelity Investments. Previously, Mr. Coffey served as Vice President and Associate General Counsel of FMR LLC (2005-2009).
Elizabeth Paige Baumann (1968)
	Year of Election or Appointment: 2012 Anti-Money Laundering (AML) Officer of the Fidelity funds. Ms. Baumann also serves as AML Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2012-present), Chief AML Officer of FMR LLC (2012-present), and is an employee of Fidelity Investments. Previously, Ms. Baumann served as Vice President and Deputy Anti-Money Laundering Officer (2007-2012).
Name, Year of Birth; Principal Occupation
Christine Reynolds (1958)
	Year of Election or Appointment: 2008 Chief Financial Officer of the Fidelity funds. Ms. Reynolds became President of Fidelity Pricing and Cash Management Services (FPCMS) in August 2008. Ms. Reynolds served as Chief Operating Officer of FPCMS (2007-2008). Previously, Ms. Reynolds served as President, Treasurer, and Anti-Money Laundering officer of the Fidelity funds (2004-2007).
Joseph A. Hanlon (1968)
	Year of Election or Appointment: 2012 Chief Compliance Officer of Fidelity's Equity and High Income Funds. Mr. Hanlon serves as Compliance Officer of FMR, FMR Co., Inc., Fidelity Investments Money Management, Inc. (FIMM), Fidelity Research and Analysis Company (FRAC), Fidelity Management & Research (Japan) Inc., Fidelity Management & Research (U.K.) Inc., Fidelity Management & Research (Hong Kong), and Strategic Advisers, Inc. (2009-present), as Senior Vice President of the Fidelity Asset Management Division (2009-present), and is an employee of Fidelity Investments.
Joseph F. Zambello (1957)
	Year of Election or Appointment: 2011 Deputy Treasurer of the Fidelity funds. Mr. Zambello is an employee of Fidelity Investments. Previously, Mr. Zambello served as Vice President of FMR's Program Management Group (2009-2011) and Vice President of the Transfer Agent Oversight Group (2005-2009).
Adrien E. Deberghes (1967)
	Year of Election or Appointment: 2008 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Deberghes also serves as Vice President (2011-present) and Assistant Treasurer (2010-present) of other Fidelity funds, and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005).
Stephen Sadoski (1971)
	Year of Election or Appointment: 2012 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Sadoski also serves as Deputy Treasurer of other Fidelity funds (2013-present) and is an employee of Fidelity Investments (2012-present). Previously, Mr. Sadoski served as Assistant Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2012-2013), an assistant chief accountant in the Division of Investment Management of the Securities and Exchange Commission (SEC) (2009-2012) and as a senior manager at Deloitte & Touche (1997-2009).
Stacie Smith (1974)
	Year of Election or Appointment: 2013 Deputy Treasurer of Fidelity's Equity and High Income Funds. Ms. Smith is an employee of Fidelity Investments (2009-present). Previously, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (1996-2009).
Stephanie J. Dorsey (1969)
	Year of Election or Appointment: 2010 Assistant Treasurer of Fidelity's Equity and High Income Funds. Ms. Dorsey also serves as President and Treasurer (2013-present) and Assistant Treasurer (2012-present) of other Fidelity funds and is an employee of Fidelity Investments (2008-present). Previously, Ms. Dorsey served as Deputy Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013), Treasurer (2004-2008) of the JPMorgan Mutual Funds and Vice President (2004-2008) of JPMorgan Chase Bank.
John R. Hebble (1958)
	Year of Election or Appointment: 2009 Assistant Treasurer of Fidelity's Equity and High Income Funds. Mr. Hebble also serves as President (2011-present), Treasurer, and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present) and is an employee of Fidelity Investments. Previously, Mr. Hebble served as President and Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013).
Gary W. Ryan (1958)
	Year of Election or Appointment: 2005 Assistant Treasurer of the Fidelity funds. Mr. Ryan is an employee of Fidelity Investments. Previously, Mr. Ryan served as Vice President of Fund Reporting in Fidelity Pricing and Cash Management Services (FPCMS) (1999-2005).
Jonathan Davis (1968)
	Year of Election or Appointment: 2010 Assistant Treasurer of the Fidelity funds. Mr. Davis is also Assistant Treasurer of Fidelity Rutland Square Trust II and Fidelity Commonwealth Trust II. Mr. Davis is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (2003-2010).

Annual Report

Distributions (Unaudited)

A total of 0.02% of the dividends distributed during the fiscal year was derived from interest on U.S. Government securities which is generally exempt from state income tax.

Institutional Class designates 99%, 96%, 96%, and 96%; and Fidelity Advantage Institutional Class designates 97%, 95%, 95%, and 96% of the dividends distributed in April, July, October, and December, respectively, during the fiscal year as qualifying for the dividends-received deduction for corporate shareholders.

Institutional Class designates 100%, 99%, 99%, and 99%; and Fidelity Advantage Institutional Class designates 98%, 98%, 98%, and 99% of the dividends distributed in April, July, October, and December, respectively, during the fiscal year as amounts which may be taken into account as a dividend for purposes of the maximum rate under section 1(h)(11) of the Internal Revenue Code.

The fund will notify shareholders in January 2014 of amounts for use in preparing 2013 income tax returns.

Annual Report

Investment Adviser

Fidelity Management & Research Company

Boston, MA

Investment Sub-Advisers

FMR Co., Inc.

Geode Capital Management, LLC

General Distributor

Fidelity Distributors Corporation

Smithfield, RI

Transfer and Service Agents

Fidelity Investments Institutional

Operations Company, Inc.

Boston, MA

Fidelity Service Company, Inc.

Boston, MA

Custodian

The Bank of New York Mellon

New York, NY

(Fidelity Investment logo)(registered trademark)
Corporate Headquarters
245 Summer St., Boston, MA 02210
www.fidelity.com

U5I-U5A-UANN-0413
1.925888.101

Spartan® Total Market Index

Fund
Class F

Annual Report

February 28, 2013

(Fidelity Cover Art)

Performance	(Click Here)	How the fund has done over time.
Management's Discussion of Fund Performance	(Click Here)	The Portfolio Manager's review of fund performance and strategy.
Shareholder Expense Example	(Click Here)	An example of shareholder expenses.
Investment Changes	(Click Here)	A summary of major shifts in the fund's investments over the past six months.
Investments	(Click Here)	A complete list of the fund's investments with their market values.
Financial Statements	(Click Here)	Statements of assets and liabilities, operations, and changes in net assets, as well as financial highlights.
Notes	(Click Here)	Notes to the financial statements.
Report of Independent Registered Public Accounting Firm	(Click Here)
Trustees and Officers	(Click Here)
Distributions	(Click Here)

To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov. You may also call 1-800-835-5092 to request a free copy of the proxy voting guidelines.

Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.

Other third-party marks appearing herein are the property of their respective owners.

NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE

Neither the fund nor Fidelity Distributors Corporation is a bank.

Annual Report

Performance: The Bottom Line

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Class F^A	13.55%	5.50%	9.05%

^A The initial offering of Class F took place on September 24, 2009. Returns prior to September 24, 2009, are those of Investor Class, the original class of the fund.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan® Total Market Index Fund - Class F on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the Dow Jones U.S. Total Stock Market Index^SM performed over the same period. The initial offering of Class F took place on September 24, 2009. See above for additional information regarding the performance of Class F.

stf442

Annual Report

Management's Discussion of Fund Performance

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® Total Market Index Fund: For the year, the fund's Class F shares gained 13.55% in line with the 13.56% advance of the fund's benchmark, the Dow Jones U.S. Total Stock Market Index^SM. All 10 market sectors in the index generated positive performance, with only three groups - information technology, energy and materials - producing a single-digit gain. Leading the rest were telecommunication services, health care and financials, which returned about 23%, 22% and 22%, respectively. The fund's top individual contributor in absolute terms was Pfizer, a pharmaceutical firm whose shares were up about 35% for the 12-month period. Industrial conglomerate General Electric added value, as did Internet search leader Google. In the financials sector, Berkshire Hathaway, the insurance-focused conglomerate run by billionaire investor Warren Buffett, also did well, as did global financial services institution JPMorgan Chase and telecommunication services provider AT&T, whose shares rose about 24%. The biggest absolute detractor by far was Apple, the personal electronics and computer manufacturer, whose shares returned about -17%, with the negative impact magnified by the stock's large weighting in the index and fund. Several other notable technology stocks held back results, including microprocessor company Intel and software manufacturer Microsoft. In the energy sector, Apache and Occidental Petroleum saw its shares drop by roughly 31% and 19%, respectively, while Caterpillar, a manufacturer of construction equipment and other heavy machinery, hampered results as well.

Annual Report

Spartan Total Market Index Fund

Shareholder Expense Example

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, including redemption fees and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.

The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2012 to February 28, 2013).

Actual Expenses

Hypothetical Example for Comparison Purposes

	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Investor Class	.100%
Actual		$ 1,000.00	$ 1,097.70	$ .52
Hypothetical^A		$ 1,000.00	$ 1,024.30	$ .50
Fidelity Advantage Class	.070%
Actual		$ 1,000.00	$ 1,098.20	$ .36
Hypothetical^A		$ 1,000.00	$ 1,024.45	$ .35
Institutional Class	.060%
Actual		$ 1,000.00	$ 1,098.10	$ .31
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30
Fidelity Advantage Institutional Class	.045%
Actual		$ 1,000.00	$ 1,098.20	$ .23
Hypothetical^A		$ 1,000.00	$ 1,024.60	$ .23
Class F	.046%
Actual		$ 1,000.00	$ 1,098.10	$ .24
Hypothetical^A		$ 1,000.00	$ 1,024.55	$ .23

^A 5% return per year before expenses

* Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

Annual Report

Spartan Total Market Index Fund

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Apple, Inc.	2.5	4.0
Exxon Mobil Corp.	2.4	2.6
General Electric Co.	1.5	1.4
Chevron Corp.	1.4	1.4
IBM Corp.	1.3	1.4
Google, Inc. Class A	1.3	1.1
Johnson & Johnson	1.3	1.2
Microsoft Corp.	1.3	1.5
Procter & Gamble Co.	1.2	1.2
AT&T, Inc.	1.2	1.4
	15.4
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Information Technology	17.4	19.3
Financials	17.0	15.7
Consumer Discretionary	12.0	11.9
Health Care	11.8	11.6
Industrials	11.1	10.5
Energy	10.2	10.1
Consumer Staples	9.3	9.6
Materials	3.8	3.8
Utilities	3.5	3.5
Telecommunication Services	2.6	2.8

Annual Report

Spartan Total Market Index Fund

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 98.7%
	Shares		Value
CONSUMER DISCRETIONARY - 12.0%
Auto Components - 0.4%
Allison Transmission Holdings, Inc.	27,992		$ 646,615
American Axle & Manufacturing Holdings, Inc. (a)(d)	58,540		740,531
BorgWarner, Inc. (a)(d)	106,804		7,947,286
Cooper Tire & Rubber Co.	54,354		1,374,069
Dana Holding Corp. (d)	143,074		2,393,628
Dorman Products, Inc. (d)	25,196		880,852
Drew Industries, Inc.	16,139		587,137
Exide Technologies (a)	55,732		149,362
Federal-Mogul Corp. Class A (a)(d)	43,356		350,316
Fuel Systems Solutions, Inc. (a)	13,525		187,862
Gentex Corp. (d)	141,938		2,661,338
Gentherm, Inc. (a)(d)	22,586		347,824
Johnson Controls, Inc.	645,200		20,304,444
Lear Corp.	91,325		4,878,582
Modine Manufacturing Co. (a)	32,309		266,226
Motorcar Parts of America, Inc. (a)	7,628		41,725
Quantum Fuel Systems Technologies Worldwide, Inc. (a)(d)	46,888		32,353
Spartan Motors, Inc.	44,931		237,685
Standard Motor Products, Inc.	17,952		443,953
Stoneridge, Inc. (a)	17,302		111,598
Strattec Security Corp.	672		19,118
Superior Industries International, Inc.	24,943		542,510
Tenneco, Inc. (a)	52,551		1,861,882
The Goodyear Tire & Rubber Co. (a)	217,777		2,826,745
Tower International, Inc. (a)	4,070		49,003
TRW Automotive Holdings Corp. (a)	95,106		5,581,771
UQM Technologies, Inc. (a)(d)	38,648		28,986
Visteon Corp. (a)	49,291		2,872,679
			58,366,080
Automobiles - 0.5%
Ford Motor Co.	3,560,625		44,899,481
General Motors Co. (a)(d)	721,012		19,575,476
Harley-Davidson, Inc.	211,628		11,137,982
Tesla Motors, Inc. (a)(d)	70,970		2,471,885
Thor Industries, Inc. (d)	39,293		1,477,024
Winnebago Industries, Inc. (a)(d)	22,867		443,162
			80,005,010
Distributors - 0.1%
Core-Mark Holding Co., Inc.	8,027		384,654
Genuine Parts Co.	144,858		10,289,264
LKQ Corp. (a)	282,518		5,986,556
Pool Corp. (d)	41,433		1,894,317
VOXX International Corp. (a)	18,073		179,826
Weyco Group, Inc.	1,992		45,936
			18,780,553
Diversified Consumer Services - 0.2%
American Public Education, Inc. (a)(d)	16,975		661,686

	Shares		Value
Apollo Group, Inc. Class A (non-vtg.) (a)(d)	111,836		$ 1,886,673
Ascent Capital Group, Inc. (a)	16,905		1,159,514
Bridgepoint Education, Inc. (a)	11,294		115,312
Bright Horizons Family Solutions, Inc. (d)	9,900		276,804
Capella Education Co. (a)(d)	13,812		437,288
Career Education Corp. (a)	44,821		143,427
Carriage Services, Inc.	4,102		74,656
Coinstar, Inc. (a)(d)	24,683		1,263,523
Collectors Universe, Inc. (d)	4,772		52,826
Corinthian Colleges, Inc. (a)	84,173		179,288
DeVry, Inc. (d)	60,163		1,803,687
Education Management Corp. (a)(d)	26,671		94,949
Grand Canyon Education, Inc. (a)(d)	30,849		738,834
H&R Block, Inc. (d)	269,674		6,704,096
Hillenbrand, Inc.	60,464		1,492,856
ITT Educational Services, Inc. (a)(d)	22,063		304,028
K12, Inc. (a)(d)	35,687		744,074
Learning Tree International, Inc. (a)	3,285		12,450
LifeLock, Inc. (d)	15,276		177,965
Lincoln Educational Services Corp. (d)	15,671		98,884
Mac-Gray Corp.	7,087		88,021
Matthews International Corp. Class A	31,601		1,042,833
National American University Holdings, Inc.	5,378		20,920
Regis Corp.	37,626		678,021
Service Corp. International	236,136		3,669,553
Sotheby's Class A (Ltd. vtg.) (d)	59,342		2,268,645
Steiner Leisure Ltd. (a)	10,649		502,100
Stewart Enterprises, Inc. Class A (d)	55,722		471,965
Strayer Education, Inc. (d)	14,558		714,652
Universal Technical Institute, Inc.	29,419		343,026
Weight Watchers International, Inc. (d)	21,193		907,908
			29,130,464
Hotels, Restaurants & Leisure - 2.0%
AFC Enterprises, Inc. (a)	18,286		548,580
Ambassadors Group, Inc.	24,177		108,797
Ameristar Casinos, Inc.	27,501		720,526
Bally Technologies, Inc. (a)(d)	46,562		2,223,336
Biglari Holdings, Inc. (a)	607		227,249
BJ's Restaurants, Inc. (a)(d)	21,746		669,559
Bloomin' Brands, Inc. (d)	25,018		430,560
Bluegreen Corp. (a)	6,427		62,728
Bob Evans Farms, Inc.	27,901		1,135,571
Boyd Gaming Corp. (a)(d)	49,786		327,094
Bravo Brio Restaurant Group, Inc. (a)	12,451		187,761
Brinker International, Inc.	62,217		2,076,803
Buffalo Wild Wings, Inc. (a)(d)	13,815		1,087,102
Burger King Worldwide, Inc.	82,686		1,509,020
Caesars Entertainment Corp. (d)	22,500		281,250
Carnival Corp. unit	412,990		14,772,652
Carrols Restaurant Group, Inc. (a)	6,381		33,947
CEC Entertainment, Inc.	20,553		621,728
Chipotle Mexican Grill, Inc. (a)(d)	29,079		9,211,936
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Hotels, Restaurants & Leisure - continued
Choice Hotels International, Inc. (d)	44,031		$ 1,674,499
Churchill Downs, Inc.	10,397		685,994
Chuys Holdings, Inc. (d)	5,695		162,364
Cosi, Inc. (a)(d)	46,943		40,840
Cracker Barrel Old Country Store, Inc. (d)	18,601		1,400,283
Darden Restaurants, Inc. (d)	117,392		5,431,728
Del Frisco's Restaurant Group, Inc. (a)(d)	5,543		97,501
Denny's Corp. (a)	71,197		402,975
DineEquity, Inc.	12,829		896,619
Domino's Pizza, Inc. (d)	66,862		3,183,968
Dover Downs Gaming & Entertainment, Inc.	1,508		3,514
Dover Motorsports, Inc.	9,993		16,988
Dunkin' Brands Group, Inc. (d)	91,395		3,395,324
Einstein Noah Restaurant Group, Inc.	3,797		51,032
Empire Resorts, Inc. (a)	4,429		8,902
Entertainment Gaming Asia, Inc. (a)	8,246		16,162
Famous Dave's of America, Inc. (a)	2,311		22,740
Fiesta Restaurant Group, Inc. (a)	11,401		257,663
Frisch's Restaurants, Inc.	500		9,510
Hyatt Hotels Corp. Class A (a)	51,855		2,130,722
Ignite Restaurant Group, Inc. (a)	4,841		67,968
International Game Technology	268,403		4,278,344
International Speedway Corp. Class A (d)	20,854		628,540
Interval Leisure Group, Inc.	29,497		615,602
Isle of Capri Casinos, Inc. (a)	20,657		136,956
Jack in the Box, Inc. (a)(d)	42,139		1,334,121
Jamba, Inc. (a)(d)	95,683		267,912
Kona Grill, Inc. (a)	4,029		34,247
Krispy Kreme Doughnuts, Inc. (a)(d)	61,696		814,387
Lakes Entertainment, Inc. (a)	2,872		8,673
Las Vegas Sands Corp.	337,364		17,370,872
Life Time Fitness, Inc. (a)(d)	34,454		1,451,892
Luby's, Inc. (a)	14,614		118,958
Marcus Corp.	22,859		279,108
Marriott International, Inc. Class A	251,677		9,928,658
Marriott Vacations Worldwide Corp. (a)	23,385		964,865
McDonald's Corp.	936,159		89,777,648
MGM Mirage, Inc. (a)	344,041		4,297,072
Monarch Casino & Resort, Inc. (a)	4,802		48,308
Morgans Hotel Group Co. (a)(d)	27,678		135,899
MTR Gaming Group, Inc. (a)	11,304		43,520
Multimedia Games Holding Co., Inc. (a)	20,726		387,576
Norwegian Cruise Line Holdings Ltd.	22,900		709,442
Orient Express Hotels Ltd. Class A (a)	89,796		927,593
Panera Bread Co. Class A (a)(d)	26,570		4,276,442
Papa John's International, Inc. (a)	19,260		1,001,713
Penn National Gaming, Inc. (a)(d)	61,522		3,066,872
Pinnacle Entertainment, Inc. (a)(d)	61,922		866,908
Premier Exhibitions, Inc. (a)	7,733		17,786

	Shares		Value
Red Lion Hotels Corp. (a)	3,129		$ 22,560
Red Robin Gourmet Burgers, Inc. (a)(d)	21,139		906,440
Rick's Cabaret International, Inc. (a)	5,726		48,728
Royal Caribbean Cruises Ltd.	140,250		4,890,518
Ruby Tuesday, Inc. (a)	44,363		325,624
Ruth's Hospitality Group, Inc. (a)(d)	33,916		307,279
Scientific Games Corp. Class A (a)	45,645		410,805
SHFL Entertainment, Inc. (a)	42,130		668,182
Six Flags Entertainment Corp. (d)	50,207		3,354,330
Sonic Corp. (a)(d)	98,965		1,117,315
Speedway Motorsports, Inc.	7,569		123,072
Starbucks Corp.	694,872		38,092,883
Starwood Hotels & Resorts Worldwide, Inc.	178,617		10,775,964
Texas Roadhouse, Inc. Class A	57,171		1,105,687
The Cheesecake Factory, Inc.	39,940		1,383,522
Town Sports International Holdings, Inc.	13,107		121,502
Vail Resorts, Inc. (d)	30,368		1,677,528
Wendy's Co.	250,660		1,426,255
WMS Industries, Inc. (a)	45,733		1,145,154
Wyndham Worldwide Corp.	137,748		8,297,940
Wynn Resorts Ltd.	72,102		8,428,724
Yum! Brands, Inc.	422,304		27,652,466
			312,265,887
Household Durables - 0.5%
American Greetings Corp. Class A (d)	30,155		488,511
Bassett Furniture Industries, Inc.	1,947		28,329
Beazer Homes USA, Inc. (a)(d)	22,468		349,827
Blyth, Inc. (d)	16,038		229,183
Cavco Industries, Inc. (a)(d)	9,813		442,664
Cobra Electronics Corp. (a)	1,032		3,468
CSS Industries, Inc.	16,118		386,993
D.R. Horton, Inc. (d)	256,142		5,711,967
Dixie Group, Inc. (a)	2,977		12,742
Emerson Radio Corp. (a)	23,724		39,145
Ethan Allen Interiors, Inc. (d)	19,507		545,026
Flexsteel Industries, Inc.	2,547		58,581
Furniture Brands International, Inc. (a)(d)	57,083		51,946
Garmin Ltd.	105,419		3,620,088
Harman International Industries, Inc.	71,938		3,053,768
Helen of Troy Ltd. (a)	30,506		1,131,162
Hooker Furniture Corp. (d)	13,495		202,560
Hovnanian Enterprises, Inc. Class A (a)(d)	177,163		1,036,404
iRobot Corp. (a)	21,633		463,812
Jarden Corp. (d)	66,002		4,099,384
KB Home (d)	64,653		1,208,365
Kid Brands, Inc. (a)	16,651		25,643
Koss Corp.	2,669		13,212
La-Z-Boy, Inc.	54,902		1,005,805
Leggett & Platt, Inc. (d)	123,614		3,780,116
Lennar Corp. Class A (d)	143,081		5,521,496
Libbey, Inc. (a)(d)	16,641		305,362
Lifetime Brands, Inc.	2,385		25,925
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Household Durables - continued
M.D.C. Holdings, Inc. (d)	26,306		$ 1,010,940
M/I Homes, Inc. (a)(d)	24,871		569,546
Meritage Homes Corp. (a)(d)	46,552		1,884,890
Mohawk Industries, Inc. (a)	51,902		5,502,650
NACCO Industries, Inc. Class A	6,219		361,262
Newell Rubbermaid, Inc.	259,791		6,063,522
NVR, Inc. (a)	4,152		4,190,198
PulteGroup, Inc. (a)	312,266		5,989,262
Ryland Group, Inc. (d)	35,461		1,266,667
Sealy Corp., Inc. (a)(d)	70,121		152,864
Skullcandy, Inc. (a)(d)	12,653		77,183
Skyline Corp. (a)	21,741		99,791
Standard Pacific Corp. (a)	98,412		801,074
Stanley Furniture Co., Inc. (a)	5,699		26,443
Tempur-Pedic International, Inc. (a)(d)	59,637		2,449,292
Toll Brothers, Inc. (a)(d)	127,535		4,351,494
TRI Pointe Homes, Inc. (d)	13,100		241,040
Tupperware Brands Corp.	50,496		3,950,302
Universal Electronics, Inc. (a)(d)	14,332		280,047
Whirlpool Corp.	72,373		8,174,530
Zagg, Inc. (a)(d)	21,268		155,894
			81,440,375
Internet & Catalog Retail - 1.0%
1-800-FLOWERS.com, Inc. Class A (a)	24,206		104,086
Amazon.com, Inc. (a)	338,066		89,340,702
Blue Nile, Inc. (a)(d)	11,337		384,664
dELiA*s, Inc. (a)	2,977		3,066
Expedia, Inc.	85,724		5,472,620
Gaiam, Inc. Class A (a)(d)	12,609		45,897
Geeknet, Inc. (a)	2,810		44,988
Groupon, Inc. Class A (a)	268,227		1,215,068
Hollywood Media Corp. (a)	1,032		1,373
HomeAway, Inc. (a)	35,174		1,037,633
HSN, Inc.	33,708		1,803,378
Kayak Software Corp. (d)	3,291		131,212
Liberty Media Corp.:
Interactive Series A (a)	531,914		11,106,364
Series A (a)	25,697		1,855,323
Netflix, Inc. (a)	51,856		9,753,076
NutriSystem, Inc. (d)	26,922		221,568
Orbitz Worldwide, Inc. (a)	31,286		133,278
Overstock.com, Inc. (a)(d)	14,467		168,107
PetMed Express, Inc.	32,292		408,494
priceline.com, Inc. (a)	46,413		31,912,651
Shutterfly, Inc. (a)(d)	25,110		1,086,761
TripAdvisor, Inc. (a)	101,113		4,596,597
U.S. Auto Parts Network, Inc. (a)(d)	5,048		6,613
ValueVision Media, Inc. Class A (a)(d)	18,644		48,847
Vitacost.com, Inc. (a)(d)	15,384		113,688
			160,996,054

	Shares		Value
Leisure Equipment & Products - 0.2%
Arctic Cat, Inc. (a)(d)	18,718		$ 680,025
Black Diamond, Inc. (a)(d)	20,004		159,632
Brunswick Corp. (d)	80,071		2,917,787
Callaway Golf Co.	77,147		518,428
Hasbro, Inc. (d)	104,633		4,187,413
JAKKS Pacific, Inc. (d)	19,661		239,471
Johnson Outdoors, Inc. Class A (a)	3,505		80,194
Leapfrog Enterprises, Inc. Class A (a)(d)	33,741		289,160
Marine Products Corp.	11,741		78,900
Mattel, Inc.	313,552		12,777,244
Meade Instruments Corp. (a)	112		179
Nautilus, Inc. (a)	5,159		29,509
Polaris Industries, Inc.	59,267		5,178,158
Smith & Wesson Holding Corp. (a)(d)	80,794		771,583
Steinway Musical Instruments, Inc. (a)	4,620		103,765
Sturm, Ruger & Co., Inc.	24,417		1,333,412
Summer Infant, Inc. (a)	32,605		66,188
			29,411,048
Media - 3.3%
A.H. Belo Corp. Class A	22,177		111,550
AMC Networks, Inc. Class A (a)	52,862		3,034,279
Arbitron, Inc.	37,846		1,772,707
Ballantyne of Omaha, Inc. (a)	17,964		64,850
Belo Corp. Series A (d)	87,121		752,725
Cablevision Systems Corp. - NY Group Class A	252,827		3,537,050
Carmike Cinemas, Inc. (a)	21,753		340,652
CBS Corp. Class B	552,084		23,954,925
Central European Media Enterprises Ltd. Class A (a)(d)	17,504		91,546
Charter Communications, Inc. Class A (a)(d)	40,337		3,484,713
Cinemark Holdings, Inc.	88,767		2,467,723
Clear Channel Outdoor Holding, Inc. Class A	41,131		312,596
Comcast Corp. Class A	2,481,691		98,746,485
Crown Media Holdings, Inc. Class A (a)	24,979		47,960
Cumulus Media, Inc. Class A (a)(d)	68,791		224,947
Dex One Corp. (a)	62,269		110,839
Digital Cinema Destinations Co.	1,935		11,571
Digital Generation, Inc. (a)(d)	26,444		204,941
DIRECTV (a)	572,344		27,569,810
Discovery Communications, Inc. (a)(d)	222,440		16,311,525
DISH Network Corp. Class A	211,095		7,346,106
DreamWorks Animation SKG, Inc. Class A (a)(d)	70,761		1,174,633
E.W. Scripps Co. Class A (a)	24,274		262,402
Emmis Communications Corp. Class A (a)	7,973		12,837
Entercom Communications Corp. Class A (a)(d)	21,235		159,475
Entravision Communication Corp. Class A	63,982		127,964
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Media - continued
FAB Universal Corp. (a)(d)	3,212		$ 11,242
Fisher Communications, Inc.	2,670		98,176
Gannett Co., Inc.	200,317		4,020,362
Gray Television, Inc. (a)	29,764		124,116
Harris Interactive, Inc. (a)	5,389		8,892
Harte-Hanks, Inc.	45,482		330,654
Insignia Systems, Inc. (a)	5,038		9,723
Interpublic Group of Companies, Inc.	397,857		5,084,612
John Wiley & Sons, Inc. Class A (d)	46,973		1,718,272
Journal Communications, Inc. Class A (a)	23,068		126,182
Lamar Advertising Co. Class A (a)	69,336		3,206,097
Liberty Global, Inc. Class A (a)(d)	233,612		16,093,531
Liberty Media Corp. Class A (a)	105,746		11,420,568
LIN TV Corp. Class A (a)(d)	36,007		409,400
Live Nation Entertainment, Inc. (a)(d)	134,515		1,424,514
Martha Stewart Living Omnimedia, Inc. Class A (a)(d)	39,255		100,885
Media General, Inc. Class A (a)(d)	21,745		106,333
Meredith Corp. (d)	34,788		1,461,792
Morningstar, Inc.	26,885		1,843,773
National CineMedia, Inc.	40,280		614,270
Navarre Corp. (a)	5,954		11,968
News Corp. Class A	1,885,020		54,288,576
Nexstar Broadcasting Group, Inc. Class A	20,803		309,133
Omnicom Group, Inc.	246,402		14,175,507
Outdoor Channel Holdings, Inc.	3,578		26,728
Pandora Media, Inc. (a)(d)	80,080		976,976
Radio One, Inc. Class D (non-vtg.) (a)(d)	32,336		46,564
ReachLocal, Inc. (a)(d)	5,194		65,081
Regal Entertainment Group Class A (d)	55,158		864,326
Rentrak Corp. (a)	4,521		94,489
RLJ Entertainment, Inc. (a)	17,180		67,861
Saga Communications, Inc. Class A	268		11,765
Salem Communications Corp. Class A	1,732		10,877
Scholastic Corp. (d)	25,364		763,456
Scripps Networks Interactive, Inc. Class A	83,052		5,236,429
Shutterstock, Inc. (d)	4,521		147,385
Sinclair Broadcast Group, Inc. Class A	37,417		526,831
Sirius XM Radio, Inc. (d)	3,023,868		9,373,991
Spanish Broadcasting System, Inc. Class A (a)	698		1,752
Starz - Liberty Capital Series A (a)(d)	101,960		1,892,378
SuperMedia, Inc. (a)(d)	19,383		78,307
The Madison Square Garden Co. Class A (a)	53,298		2,980,424
The McClatchy Co. Class A (a)(d)	49,260		128,076
The New York Times Co. Class A (a)(d)	109,097		1,054,968
The Walt Disney Co.	1,655,258		90,360,534
Time Warner Cable, Inc.	281,817		24,346,171
Time Warner, Inc.	883,690		46,985,797
Valassis Communications, Inc. (d)	33,863		930,894

	Shares		Value
Viacom, Inc. Class B (non-vtg.)	438,262		$ 25,620,797
Washington Post Co. Class B	3,968		1,581,407
World Wrestling Entertainment, Inc. Class A (d)	44,310		369,102
			523,778,755
Multiline Retail - 0.7%
Big Lots, Inc. (a)(d)	53,063		1,766,998
Dillard's, Inc. Class A	32,687		2,604,500
Dollar General Corp. (a)	241,081		11,171,694
Dollar Tree, Inc. (a)	221,972		10,029,805
Family Dollar Stores, Inc.	100,910		5,807,371
Fred's, Inc. Class A	41,012		556,533
Gordmans Stores, Inc. (a)	10,233		136,201
J.C. Penney Co., Inc. (d)	131,144		2,304,200
Kohl's Corp.	200,844		9,258,908
Macy's, Inc.	360,200		14,804,220
Nordstrom, Inc.	136,880		7,421,634
Saks, Inc. (a)(d)	100,086		1,140,980
Sears Holdings Corp. (a)(d)	37,834		1,702,530
Target Corp.	603,803		38,015,437
The Bon-Ton Stores, Inc. (d)	19,775		212,186
Tuesday Morning Corp. (a)	26,882		239,250
			107,172,447
Specialty Retail - 2.4%
Aarons, Inc. Class A	69,026		1,883,720
Abercrombie & Fitch Co. Class A	83,791		3,907,174
Advance Auto Parts, Inc.	67,765		5,173,180
Aeropostale, Inc. (a)	70,783		921,595
America's Car Mart, Inc. (a)	10,422		497,755
American Eagle Outfitters, Inc.	183,756		3,800,074
ANN, Inc. (a)	46,918		1,327,310
Asbury Automotive Group, Inc. (a)	22,455		758,081
Ascena Retail Group, Inc. (a)(d)	107,818		1,810,264
AutoNation, Inc. (a)	53,370		2,336,005
AutoZone, Inc. (a)	34,149		12,981,742
Barnes & Noble, Inc. (a)(d)	41,457		652,533
bebe Stores, Inc.	66,951		265,126
Bed Bath & Beyond, Inc. (a)	214,039		12,146,713
Best Buy Co., Inc. (d)	248,339		4,075,243
Big 5 Sporting Goods Corp.	16,237		253,135
Body Central Corp. (a)	23,522		181,355
Books-A-Million, Inc. (a)(d)	4,414		10,770
Brown Shoe Co., Inc. (d)	39,452		647,013
Build-A-Bear Workshop, Inc. (a)	4,049		20,164
Cabela's, Inc. Class A (a)(d)	43,517		2,201,525
Cache, Inc. (a)(d)	2,880		12,384
CarMax, Inc. (a)	213,259		8,191,278
Chico's FAS, Inc. (d)	157,246		2,670,037
Christopher & Banks Corp. (a)	22,706		137,371
Citi Trends, Inc. (a)(d)	14,433		148,516
Coldwater Creek, Inc. (a)(d)	13,235		47,514
Conn's, Inc. (a)(d)	15,280		489,571
Destination Maternity Corp.	9,860		220,765
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
Destination XL Group, Inc. (a)(d)	42,389		$ 192,446
Dick's Sporting Goods, Inc.	83,168		4,158,400
DSW, Inc. Class A (d)	26,500		1,793,785
Express, Inc. (a)	81,477		1,507,325
Finish Line, Inc. Class A	36,835		667,082
Five Below, Inc.	9,429		375,274
Foot Locker, Inc.	137,615		4,705,057
Francescas Holdings Corp. (a)(d)	39,040		993,568
GameStop Corp. Class A (d)	113,091		2,834,060
Gap, Inc.	291,066		9,581,893
Genesco, Inc. (a)(d)	19,944		1,170,314
GNC Holdings, Inc.	68,927		2,826,007
Group 1 Automotive, Inc.	17,193		992,724
Guess?, Inc. (d)	49,289		1,364,812
Haverty Furniture Companies, Inc.	22,550		413,793
hhgregg, Inc. (a)(d)	15,184		142,122
Hibbett Sports, Inc. (a)(d)	22,731		1,201,106
Home Depot, Inc.	1,399,366		95,856,571
Hot Topic, Inc. (d)	51,429		555,433
Jos. A. Bank Clothiers, Inc. (a)(d)	23,081		957,862
Kirkland's, Inc. (a)	10,699		124,536
Limited Brands, Inc.	219,825		10,006,434
Lithia Motors, Inc. Class A (sub. vtg.) (d)	20,666		849,373
Lowe's Companies, Inc.	1,050,958		40,094,048
Lumber Liquidators Holdings, Inc. (a)(d)	25,466		1,507,333
MarineMax, Inc. (a)(d)	10,125		131,119
Mattress Firm Holding Corp. (a)(d)	7,207		200,715
Monro Muffler Brake, Inc. (d)	28,456		1,054,295
New York & Co., Inc. (a)	19,427		83,730
O'Reilly Automotive, Inc. (a)	111,111		11,304,433
Office Depot, Inc. (a)	247,217		996,285
OfficeMax, Inc.	117,377		1,405,003
Pacific Sunwear of California, Inc. (a)(d)	60,120		127,454
Penske Automotive Group, Inc.	46,027		1,369,764
Perfumania Holdings, Inc. (a)	876		5,387
PetSmart, Inc.	105,988		6,900,879
Pier 1 Imports, Inc. (d)	103,847		2,333,442
RadioShack Corp. (d)	82,121		246,363
Rent-A-Center, Inc. (d)	61,802		2,242,177
Restoration Hardware Holdings, Inc. (d)	4,814		185,869
Ross Stores, Inc.	207,497		12,026,526
rue21, Inc. (a)(d)	10,092		272,484
Sally Beauty Holdings, Inc. (a)(d)	137,637		3,818,050
Sears Hometown & Outlet Stores, Inc. (a)	10,000		445,700
Select Comfort Corp. (a)(d)	50,428		1,035,287
Shoe Carnival, Inc.	8,791		170,809
Signet Jewelers Ltd. (d)	75,093		4,597,193
Sonic Automotive, Inc. Class A (sub. vtg.)	32,657		729,557
Stage Stores, Inc.	23,252		574,092
Staples, Inc. (d)	620,676		8,180,510
Stein Mart, Inc.	16,975		144,457

	Shares		Value
Systemax, Inc.	6,560		$ 65,272
The Buckle, Inc. (d)	22,180		993,886
The Cato Corp. Class A (sub. vtg.)	30,985		795,075
The Children's Place Retail Stores, Inc. (a)(d)	18,479		840,055
The Men's Wearhouse, Inc.	53,679		1,509,453
The Pep Boys - Manny, Moe & Jack (a)(d)	83,764		932,293
Tiffany & Co., Inc. (d)	117,916		7,919,239
Tile Shop Holdings, Inc. (a)	29,018		511,587
Tilly's, Inc. (a)	6,806		90,384
TJX Companies, Inc.	679,027		30,535,844
Tractor Supply Co.	64,603		6,718,066
Trans World Entertainment Corp.	2,977		11,283
Ulta Salon, Cosmetics & Fragrance, Inc.	53,900		4,773,384
Urban Outfitters, Inc. (a)	100,078		4,055,161
Vitamin Shoppe, Inc. (a)(d)	26,676		1,401,824
West Marine, Inc. (a)	3,285		41,095
Wet Seal, Inc. Class A (a)	66,930		196,774
Williams-Sonoma, Inc. (d)	84,343		3,829,172
Winmark Corp.	391		24,172
Zale Corp. (a)(d)	22,527		88,531
Zumiez, Inc. (a)(d)	17,893		409,750
			378,963,151
Textiles, Apparel & Luxury Goods - 0.7%
American Apparel, Inc. (a)(d)	42,333		56,303
Carter's, Inc. (a)(d)	47,035		2,653,244
Cherokee, Inc.	20,319		283,856
Coach, Inc.	263,207		12,720,794
Columbia Sportswear Co. (d)	17,213		955,838
Crocs, Inc. (a)	79,497		1,205,175
Culp, Inc.	7,038		110,567
Deckers Outdoor Corp. (a)(d)	36,096		1,456,113
Delta Apparel, Inc. (a)(d)	1,905		31,223
Fifth & Pacific Companies, Inc. (a)(d)	107,666		1,947,678
Fossil, Inc. (a)	50,709		5,211,364
G-III Apparel Group Ltd. (a)(d)	12,799		467,164
Hanesbrands, Inc. (a)(d)	86,732		3,438,056
Iconix Brand Group, Inc. (a)(d)	61,164		1,444,694
Joe's Jeans, Inc. (a)(d)	32,503		45,179
K-Swiss, Inc. Class A (a)	23,242		109,470
Maidenform Brands, Inc. (a)	18,000		345,420
Michael Kors Holdings Ltd. (a)(d)	108,297		6,419,846
Movado Group, Inc.	14,045		506,182
NIKE, Inc. Class B	686,074		37,363,590
Oxford Industries, Inc. (d)	12,480		606,653
Perry Ellis International, Inc.	7,954		129,014
PVH Corp.	73,938		9,009,345
Quiksilver, Inc. (a)(d)	122,287		764,294
R.G. Barry Corp.	3,640		44,918
Ralph Lauren Corp.	56,208		9,750,402
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)	32,235		673,712
Steven Madden Ltd. (a)	35,946		1,584,859
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Textiles, Apparel & Luxury Goods - continued
Superior Uniform Group, Inc.	859		$ 10,007
The Jones Group, Inc.	62,712		723,696
True Religion Apparel, Inc.	28,057		748,841
Tumi Holdings, Inc. (d)	16,160		382,022
Under Armour, Inc. Class A (sub. vtg.) (a)	74,542		3,673,430
Unifi, Inc. (a)	18,843		295,081
Vera Bradley, Inc. (a)(d)	16,362		412,322
VF Corp.	81,630		13,163,654
Wolverine World Wide, Inc. (d)	42,482		1,792,740
			120,536,746
TOTAL CONSUMER DISCRETIONARY			1,900,846,570
CONSUMER STAPLES - 9.3%
Beverages - 1.9%
Beam, Inc.	155,347		9,480,827
Boston Beer Co., Inc. Class A (a)(d)	7,731		1,201,629
Brown-Forman Corp. Class B (non-vtg.)	139,755		9,170,723
Central European Distribution Corp. (a)(d)	99,939		72,296
Coca-Cola Bottling Co. CONSOLIDATED	3,094		202,440
Coca-Cola Enterprises, Inc.	270,815		9,689,761
Constellation Brands, Inc. Class A (sub. vtg.) (a)	138,226		6,115,118
Craft Brew Alliance, Inc. (a)	5,908		39,052
Crimson Wine Group Ltd. (a)	1,943		15,641
Dr. Pepper Snapple Group, Inc.	203,653		8,883,344
MGP Ingredients, Inc.	4,299		17,798
Molson Coors Brewing Co. Class B	144,316		6,380,210
Monster Beverage Corp. (a)	137,421		6,930,141
National Beverage Corp.	7,694		102,946
PepsiCo, Inc.	1,442,437		109,293,451
Primo Water Corp. (a)(d)	8,907		9,085
REED'S, Inc. (a)(d)	1,830		7,521
The Coca-Cola Co.	3,614,328		139,946,780
			307,558,763
Food & Staples Retailing - 2.0%
Andersons, Inc.	16,533		811,440
Arden Group, Inc. Class A	86		7,836
Casey's General Stores, Inc. (d)	33,387		1,889,370
Chefs' Warehouse Holdings (a)(d)	6,997		125,946
Costco Wholesale Corp.	405,498		41,072,892
Crumbs Bake Shop, Inc. (a)(d)	5,760		14,688
CVS Caremark Corp.	1,165,150		59,562,468
Fresh Market, Inc. (a)(d)	36,436		1,698,646
Harris Teeter Supermarkets, Inc.	65,364		2,810,652
Ingles Markets, Inc. Class A	19,385		398,556
Kroger Co.	476,839		13,928,467
Nash-Finch Co.	11,468		219,842

	Shares		Value
Natural Grocers by Vitamin Cottage, Inc. (d)	6,984		$ 144,569
Pizza Inn Holdings, Inc. (a)(d)	9,079		28,599
PriceSmart, Inc. (d)	17,002		1,260,698
Rite Aid Corp. (a)	682,788		1,119,772
Roundy's, Inc. (d)	8,260		47,330
Safeway, Inc. (d)	265,495		6,334,711
Spartan Stores, Inc.	24,920		415,167
SUPERVALU, Inc. (d)	203,563		808,145
Susser Holdings Corp. (a)(d)	14,504		642,237
Sysco Corp.	541,988		17,430,334
The Pantry, Inc. (a)	24,320		302,541
United Natural Foods, Inc. (a)	43,201		2,186,835
Village Super Market, Inc. Class A	3,352		109,778
Wal-Mart Stores, Inc.	1,567,752		110,965,487
Walgreen Co.	805,739		32,986,955
Weis Markets, Inc.	9,706		392,705
Whole Foods Market, Inc.	158,987		13,612,467
			311,329,133
Food Products - 1.8%
Alico, Inc.	172		7,370
Annie's, Inc.	7,023		294,685
Archer Daniels Midland Co.	615,354		19,605,178
B&G Foods, Inc. Class A (d)	45,939		1,350,607
Boulder Brands, Inc. (a)(d)	68,009		579,437
Bunge Ltd. (d)	137,909		10,220,436
Cal-Maine Foods, Inc.	14,807		599,535
Calavo Growers, Inc. (d)	8,788		247,382
Campbell Soup Co.	184,577		7,597,189
Chiquita Brands International, Inc. (a)(d)	30,757		191,001
Coffee Holding Co., Inc.	3,401		24,997
ConAgra Foods, Inc.	369,281		12,596,175
Darling International, Inc. (a)	125,934		2,101,838
Dean Foods Co. (a)	165,929		2,754,421
Diamond Foods, Inc. (d)	18,346		284,913
Dole Food Co., Inc. (a)(d)	28,149		315,269
Farmer Brothers Co. (a)	3,100		39,339
Flowers Foods, Inc.	120,921		3,407,554
Fresh Del Monte Produce, Inc.	38,697		1,009,605
General Mills, Inc.	594,950		27,516,438
Green Mountain Coffee Roasters, Inc. (a)(d)	115,161		5,500,089
H.J. Heinz Co.	295,763		21,422,114
Hain Celestial Group, Inc. (a)(d)	40,266		2,204,564
Hillshire Brands Co.	104,379		3,381,880
Hormel Foods Corp.	148,701		5,562,904
Ingredion, Inc.	69,989		4,633,272
J&J Snack Foods Corp.	11,932		825,933
John B. Sanfilippo & Son, Inc.	4,594		87,562
Kellogg Co.	225,848		13,663,804
Kraft Foods Group, Inc.	551,454		26,728,975
Lancaster Colony Corp.	17,892		1,309,158
Limoneira Co.	3,738		73,676
McCormick & Co., Inc. (non-vtg.)	124,088		8,347,400
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Food Products - continued
Mead Johnson Nutrition Co. Class A	189,296		$ 14,180,163
Mondelez International, Inc.	1,657,567		45,831,728
Omega Protein Corp. (a)	32,056		265,424
Pilgrims Pride Corp. (a)(d)	54,584		480,885
Post Holdings, Inc. (a)	28,839		1,114,916
Sanderson Farms, Inc. (d)	16,208		822,232
Seneca Foods Corp. Class A (a)	7,029		214,525
Smithfield Foods, Inc. (a)	121,954		2,712,257
Snyders-Lance, Inc.	50,907		1,260,457
The Hershey Co.	144,101		12,009,377
The J.M. Smucker Co.	102,284		9,747,665
Tootsie Roll Industries, Inc. (d)	29,529		829,174
TreeHouse Foods, Inc. (a)	37,174		2,170,590
Tyson Foods, Inc. Class A	265,963		6,029,381
WhiteWave Foods Co. (d)	22,752		355,841
			282,509,315
Household Products - 1.9%
Central Garden & Pet Co. Class A (non-vtg.) (a)	34,714		303,053
Church & Dwight Co., Inc. (d)	135,097		8,370,610
Clorox Co.	117,785		9,895,118
Colgate-Palmolive Co.	416,187		47,624,278
Energizer Holdings, Inc.	57,715		5,305,740
Harbinger Group, Inc. (a)	9,831		84,252
Kimberly-Clark Corp.	363,072		34,230,428
Oil-Dri Corp. of America	644		17,723
Orchids Paper Products Co.	2,087		45,747
Procter & Gamble Co.	2,559,499		194,982,634
Spectrum Brands Holdings, Inc.	23,337		1,262,298
WD-40 Co.	17,410		943,796
			303,065,677
Personal Products - 0.2%
Avon Products, Inc.	410,247		8,020,329
Cyanotech Corp. (a)	2,300		10,120
Elizabeth Arden, Inc. (a)(d)	22,677		882,135
Estee Lauder Companies, Inc. Class A	220,556		14,137,640
Herbalife Ltd. (d)	102,302		4,121,748
Inter Parfums, Inc.	14,485		362,994
LifeVantage Corp. (a)(d)	61,077		154,525
Mannatech, Inc. (a)	599		3,444
MediFast, Inc. (a)(d)	10,225		237,016
Nature's Sunshine Products, Inc. (d)	2,859		41,341
Nu Skin Enterprises, Inc. Class A	53,831		2,217,837
Nutraceutical International Corp.	4,799		78,656
Prestige Brands Holdings, Inc. (a)(d)	44,548		1,059,797
Revlon, Inc. (a)	13,966		314,933
Star Scientific, Inc. (a)(d)	92,291		163,355
The Female Health Co. (d)	4,862		34,520
USANA Health Sciences, Inc. (a)(d)	12,622		559,028
			32,399,418

	Shares		Value
Tobacco - 1.5%
Alliance One International, Inc. (a)(d)	89,449		$ 333,645
Altria Group, Inc.	1,890,644		63,431,106
Lorillard, Inc.	357,231		13,767,683
Philip Morris International, Inc.	1,566,647		143,739,862
Reynolds American, Inc.	311,872		13,622,569
Universal Corp.	28,408		1,584,882
Vector Group Ltd. (d)	57,232		918,574
			237,398,321
TOTAL CONSUMER STAPLES			1,474,260,627
ENERGY - 10.2%
Energy Equipment & Services - 2.1%
Atwood Oceanics, Inc. (a)(d)	74,378		3,804,435
Baker Hughes, Inc.	406,618		18,224,619
Basic Energy Services, Inc. (a)(d)	31,153		455,768
Bolt Technology Corp.	7,172		111,883
Bristow Group, Inc.	35,526		2,069,745
C&J Energy Services, Inc. (a)	39,339		952,004
Cal Dive International, Inc. (a)(d)	78,352		141,817
Cameron International Corp. (a)	227,925		14,523,381
Carbo Ceramics, Inc. (d)	17,768		1,613,334
Dawson Geophysical Co. (a)	7,871		243,214
Diamond Offshore Drilling, Inc. (d)	67,074		4,673,716
Dresser-Rand Group, Inc. (a)(d)	66,371		4,092,436
Dril-Quip, Inc. (a)(d)	35,273		2,900,499
ENGlobal Corp. (a)	5,637		3,269
Ensco PLC Class A	218,569		13,144,740
Era Group, Inc. (a)	20,388		411,634
Exterran Holdings, Inc. (a)(d)	55,256		1,394,109
FMC Technologies, Inc. (a)(d)	219,958		11,418,020
Forbes Energy Services Ltd. (a)	500		1,550
Forum Energy Technologies, Inc. (d)	11,487		306,473
Geospace Technologies Corp. (a)	13,000		1,265,160
Global Geophysical Services, Inc. (a)(d)	18,062		42,265
GreenHunter Energy, Inc.	12,193		20,240
Gulf Island Fabrication, Inc.	10,744		255,815
Gulfmark Offshore, Inc. Class A	20,706		739,618
Halliburton Co.	861,984		35,780,956
Helix Energy Solutions Group, Inc. (a)	81,255		1,902,180
Helmerich & Payne, Inc.	101,955		6,755,538
Hercules Offshore, Inc. (a)(d)	189,533		1,285,034
Hornbeck Offshore Services, Inc. (a)(d)	29,524		1,254,770
ION Geophysical Corp. (a)(d)	97,381		646,610
Key Energy Services, Inc. (a)	128,766		1,104,812
Lufkin Industries, Inc.	32,247		2,088,961
Matrix Service Co. (a)	19,340		300,930
McDermott International, Inc. (a)(d)	226,474		2,880,749
Mitcham Industries, Inc. (a)(d)	23,287		357,455
Nabors Industries Ltd.	258,579		4,333,784
National Oilwell Varco, Inc.	399,939		27,247,844
Natural Gas Services Group, Inc. (a)	21,602		377,171
Common Stocks - continued
	Shares		Value
ENERGY - continued
Energy Equipment & Services - continued
Newpark Resources, Inc. (a)(d)	85,435		$ 752,682
Noble Corp.	237,885		8,521,041
Oceaneering International, Inc.	101,325		6,443,257
Oil States International, Inc. (a)(d)	51,844		3,947,921
Parker Drilling Co. (a)	122,844		584,737
Patterson-UTI Energy, Inc.	135,919		3,172,349
PHI, Inc. (non-vtg.) (a)	18,377		579,794
Pioneer Energy Services Corp. (a)	48,304		421,694
RigNet, Inc. (a)(d)	15,376		301,677
Rowan Companies PLC (a)	117,283		4,056,819
RPC, Inc. (d)	65,463		1,059,191
Schlumberger Ltd.	1,242,067		96,694,916
SEACOR Holdings, Inc. (d)	20,388		1,416,558
Superior Energy Services, Inc. (a)	151,895		4,017,623
Tesco Corp. (a)	25,016		317,953
TETRA Technologies, Inc. (a)(d)	67,813		625,914
TGC Industries, Inc.	12,062		115,433
Tidewater, Inc.	43,850		2,075,421
Transocean Ltd. (United States)	335,485		17,545,866
Unit Corp. (a)(d)	41,417		1,883,645
Weatherford International Ltd. (a)	699,745		8,312,971
Willbros Group, Inc. (a)	35,988		242,919
			332,216,919
Oil, Gas & Consumable Fuels - 8.1%
Abraxas Petroleum Corp. (a)(d)	126,005		258,310
Adams Resources & Energy, Inc.	1,804		71,817
Alon USA Energy, Inc.	9,432		183,830
Alpha Natural Resources, Inc. (a)(d)	204,525		1,632,110
Amyris, Inc. (a)(d)	41,172		120,634
Anadarko Petroleum Corp.	465,845		37,071,945
Apache Corp.	367,367		27,284,347
APCO Oil and Gas International, Inc.	12,221		162,539
Approach Resources, Inc. (a)(d)	29,242		723,740
Arch Coal, Inc.	201,141		1,051,967
Barnwell Industries, Inc. (a)	2,847		9,481
Berry Petroleum Co. Class A (d)	38,847		1,778,027
Bill Barrett Corp. (a)(d)	37,315		673,536
BioFuel Energy Corp. (a)(d)	979		4,944
Bonanza Creek Energy, Inc. (a)(d)	18,196		615,571
BPZ Energy, Inc. (a)(d)	134,116		329,925
Cabot Oil & Gas Corp.	196,920		12,203,132
Callon Petroleum Co. (a)	31,499		169,780
Carrizo Oil & Gas, Inc. (a)(d)	36,358		854,049
Ceres, Inc.	2,484		9,961
Cheniere Energy, Inc. (a)	203,342		4,331,185
Chesapeake Energy Corp. (d)	476,743		9,611,139
Chevron Corp.	1,834,942		214,963,455
Cimarex Energy Co. (d)	80,895		5,445,042
Clayton Williams Energy, Inc. (a)(d)	7,754		307,834
Clean Energy Fuels Corp. (a)(d)	67,120		844,370
Cloud Peak Energy, Inc. (a)(d)	54,586		935,604

	Shares		Value
Cobalt International Energy, Inc. (a)(d)	161,814		$ 3,991,951
Comstock Resources, Inc. (a)(d)	32,496		458,844
Concho Resources, Inc. (a)(d)	97,403		8,762,374
ConocoPhillips	1,134,704		65,756,097
CONSOL Energy, Inc.	213,487		6,863,607
Contango Oil & Gas Co. (d)	16,222		628,765
Continental Resources, Inc. (a)(d)	57,407		5,051,816
Crimson Exploration, Inc. (a)	12,416		40,104
Crosstex Energy, Inc. (d)	45,920		765,486
Cubic Energy, Inc. (a)	25,301		5,624
CVR Energy, Inc.	13,732		771,464
Delek US Holdings, Inc.	36,764		1,373,503
Denbury Resources, Inc. (a)(d)	362,076		6,560,817
Devon Energy Corp.	349,289		18,952,421
DHT Holdings, Inc.	4,997		21,487
Diamondback Energy, Inc.	12,429		282,263
Double Eagle Petroleum Co. (a)	1,282		6,038
Emerald Oil, Inc. (a)	18,010		124,269
Endeavour International Corp. (a)(d)	33,475		84,692
Energen Corp.	73,288		3,388,837
EOG Resources, Inc.	252,479		31,739,135
EPL Oil & Gas, Inc. (a)	30,399		782,166
EQT Corp.	139,951		8,829,509
Evolution Petroleum Corp. (a)(d)	6,950		71,238
EXCO Resources, Inc. (d)	115,116		764,370
Exxon Mobil Corp.	4,270,778		382,448,170
Forest Oil Corp. (a)(d)	96,618		560,384
FX Energy, Inc. (a)(d)	35,252		124,440
Gasco Energy, Inc. (a)	97,844		5,675
Gastar Exploration Ltd. (a)	74,542		85,723
Gevo, Inc. (a)(d)	17,509		34,668
GMX Resources, Inc. (a)(d)	5,751		13,860
Goodrich Petroleum Corp. (a)(d)	33,339		429,740
Green Plains Renewable Energy, Inc. (a)(d)	14,190		134,379
Gulfport Energy Corp. (a)	61,924		2,535,788
Halcon Resources Corp. (a)(d)	102,301		726,337
Harvest Natural Resources, Inc. (a)(d)	33,266		179,969
Hess Corp.	277,626		18,462,129
HollyFrontier Corp.	189,781		10,665,692
Houston American Energy Corp. (a)(d)	36,485		8,392
Hyperdynamics Corp. (a)(d)	268,169		139,475
Isramco, Inc. (a)	123		12,138
James River Coal Co. (a)(d)	31,067		82,328
Kinder Morgan Holding Co. LLC	583,849		21,643,282
KiOR, Inc. Class A (a)(d)	14,609		80,496
Kodiak Oil & Gas Corp. (a)	306,801		2,730,529
Laredo Petroleum Holdings, Inc. (a)	29,519		505,956
Lucas Energy, Inc. (a)	9,400		12,032
Magellan Petroleum Corp. (a)	35,895		39,126
Magnum Hunter Resources Corp. (a)(d)	135,725		525,256
Magnum Hunter Resources Corp. warrants 10/14/13 (a)(d)	4,197		546
Marathon Oil Corp.	658,184		22,049,164
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Marathon Petroleum Corp.	317,320		$ 26,299,482
Matador Resources Co. (d)	19,175		149,757
McMoRan Exploration Co. (a)	119,052		1,915,547
Midstates Petroleum Co., Inc.	20,651		154,056
Miller Energy Resources, Inc. (a)(d)	32,422		127,094
Murphy Oil Corp.	169,996		10,349,356
Newfield Exploration Co. (a)	125,514		2,901,884
Noble Energy, Inc.	166,064		18,404,873
Northern Oil & Gas, Inc. (a)(d)	45,133		618,773
Oasis Petroleum, Inc. (a)(d)	64,744		2,376,105
Occidental Petroleum Corp.	758,827		62,474,227
Pacific Ethanol, Inc. (a)(d)	128,037		49,294
Panhandle Royalty Co. Class A	6,335		172,565
PBF Energy, Inc. Class A	22,067		921,297
PDC Energy, Inc. (a)(d)	25,121		1,171,643
Peabody Energy Corp.	250,217		5,394,679
Penn Virginia Corp. (d)	41,256		167,912
Petroquest Energy, Inc. (a)(d)	70,948		272,440
Phillips 66	586,698		36,938,506
Pioneer Natural Resources Co.	113,759		14,312,020
Plains Exploration & Production Co. (a)	134,043		6,081,531
QEP Resources, Inc.	166,921		5,084,414
Quicksilver Resources, Inc. (a)(d)	93,566		174,033
Range Resources Corp. (d)	149,693		11,496,422
Recovery Energy, Inc. (a)(d)	8,026		14,848
Renewable Energy Group, Inc. (a)(d)	7,119		52,609
Rentech, Inc.	169,556		462,888
Resolute Energy Corp. (a)(d)	29,689		302,234
Rex American Resources Corp. (a)	3,020		69,762
Rex Energy Corp. (a)(d)	32,188		433,894
Rosetta Resources, Inc. (a)(d)	44,961		2,188,701
Royale Energy, Inc. (a)(d)	5,368		13,044
Sanchez Energy Corp. (a)(d)	7,390		136,789
SandRidge Energy, Inc. (a)(d)	334,445		1,906,337
Saratoga Resources, Inc. (a)	16,554		49,828
SemGroup Corp. Class A (a)	56,834		2,619,479
SM Energy Co. (d)	62,332		3,607,776
Solazyme, Inc. (a)(d)	23,891		208,568
Southwestern Energy Co. (a)	327,623		11,227,640
Spectra Energy Corp.	611,633		17,761,822
Stone Energy Corp. (a)(d)	41,697		852,704
Swift Energy Co. (a)(d)	29,835		403,369
Synergy Resources Corp. (a)(d)	26,560		176,093
Syntroleum Corp. (a)	150,374		68,420
Targa Resources Corp.	22,682		1,383,602
Teekay Corp.	34,398		1,193,611
Tengasco, Inc. (a)	12,601		8,436
Tesoro Corp.	129,036		7,256,985
The Williams Companies, Inc.	627,283		21,772,993
Ultra Petroleum Corp. (a)(d)	143,182		2,442,685
Uranium Energy Corp. (a)(d)	54,945		126,923

	Shares		Value
Uranium Resources, Inc. (a)(d)	26,282		$ 70,961
US Energy Corp. (a)	13,579		23,763
USEC, Inc. (a)(d)	83,065		39,871
VAALCO Energy, Inc. (a)(d)	68,248		553,491
Valero Energy Corp.	516,190		23,533,102
Verenium Corp. (a)	522		1,274
W&T Offshore, Inc.	37,319		554,560
Warren Resources, Inc. (a)(d)	48,923		128,178
Western Refining, Inc.	53,248		1,911,071
Westmoreland Coal Co. (a)	10,233		107,447
Whiting Petroleum Corp. (a)	109,106		5,313,462
World Fuel Services Corp.	70,210		2,670,086
WPX Energy, Inc. (a)(d)	177,241		2,515,050
ZaZa Energy Corp. (a)(d)	19,430		30,894
Zion Oil & Gas, Inc. (a)(d)	13,122		15,746
			1,274,179,731
TOTAL ENERGY			1,606,396,650
FINANCIALS - 17.0%
Capital Markets - 2.0%
Affiliated Managers Group, Inc. (a)	48,529		7,096,396
Ameriprise Financial, Inc.	193,199		13,259,247
Arlington Asset Investment Corp.	9,211		237,644
Artio Global Investors, Inc. Class A	48,721		132,521
Bank of New York Mellon Corp.	1,100,094		29,856,551
BGC Partners, Inc. Class A	92,324		394,223
BlackRock, Inc. Class A	116,972		28,044,037
Calamos Asset Management, Inc. Class A	22,184		248,017
Charles Schwab Corp.	1,009,176		16,389,018
CIFI Corp. (a)	3,896		32,960
Cohen & Steers, Inc.	17,375		572,854
Cowen Group, Inc. Class A (a)	80,174		209,254
Diamond Hill Investment Group, Inc.	1,102		82,672
Duff & Phelps Corp. Class A	22,401		348,112
E*TRADE Financial Corp. (a)	224,502		2,404,416
Eaton Vance Corp. (non-vtg.) (d)	104,783		4,001,663
Epoch Holding Corp.	13,351		373,160
Evercore Partners, Inc. Class A	25,847		1,051,973
FBR Capital Markets Corp. (a)	11,471		202,578
Federated Investors, Inc. Class B (non-vtg.) (d)	80,486		1,868,885
Financial Engines, Inc.	37,117		1,212,984
Franklin Resources, Inc.	129,776		18,330,860
FXCM, Inc. Class A (d)	51,378		675,621
GAMCO Investors, Inc. Class A	6,083		325,441
GFI Group, Inc.	69,449		243,766
Gleacher & Co., Inc. (a)	36,175		21,235
Goldman Sachs Group, Inc.	412,530		61,780,493
Greenhill & Co., Inc.	23,725		1,442,006
HFF, Inc.	24,812		455,548
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Capital Markets - continued
ICG Group, Inc. (a)	32,808		$ 427,488
Institutional Financial Markets, Inc.	6,881		18,923
INTL FCStone, Inc. (a)(d)	15,053		268,546
Invesco Ltd.	400,700		10,734,753
Investment Technology Group, Inc. (a)	55,680		674,285
Janus Capital Group, Inc. (d)	187,399		1,735,315
JMP Group, Inc.	11,989		71,335
Knight Capital Group, Inc. Class A (a)	70,305		260,129
Ladenburg Thalmann Financial Services, Inc. (a)	42,620		55,406
Legg Mason, Inc.	149,276		4,254,366
LPL Financial	55,040		1,735,411
Manning & Napier, Inc.	3,941		58,879
Medallion Financial Corp.	4,309		56,017
Morgan Stanley	1,286,946		29,020,632
Northern Trust Corp.	199,951		10,631,395
Oppenheimer Holdings, Inc. Class A (non-vtg.)	6,844		129,352
Piper Jaffray Companies (a)(d)	20,940		807,656
Pzena Investment Management, Inc.	4,972		31,274
Raymond James Financial, Inc.	100,886		4,426,878
Safeguard Scientifics, Inc. (a)(d)	26,745		404,919
SEI Investments Co.	130,771		3,696,896
State Street Corp.	433,197		24,514,618
Stifel Financial Corp. (a)(d)	43,239		1,493,475
SWS Group, Inc. (a)	24,189		155,051
T. Rowe Price Group, Inc.	236,667		16,848,324
TD Ameritrade Holding Corp. (d)	223,704		4,252,613
Teton Advisors, Inc. (a)	106		2,014
U.S. Global Investments, Inc. Class A	7,637		29,021
Virtus Investment Partners, Inc. (a)(d)	4,798		806,112
Waddell & Reed Financial, Inc. Class A (d)	70,045		2,873,246
Walter Investment Management Corp. (a)	33,105		1,520,182
Westwood Holdings Group, Inc.	3,640		150,514
WisdomTree Investments, Inc. (a)	96,770		880,607
			314,319,767
Commercial Banks - 3.0%
1st Source Corp.	8,597		202,545
1st United Bancorp, Inc.	20,464		124,421
Access National Corp.	1,270		20,206
ACNB Corp.	3,789		62,746
Alliance Financial Corp.	5,029		223,539
American National Bankshares, Inc.	2,748		55,592
Ameris Bancorp (a)	34,183		474,460
Ames National Corp.	1,209		25,026
Arrow Financial Corp.	15,508		375,914
Associated Banc-Corp.	148,936		2,143,189
BancFirst Corp.	10,611		424,864
Bancorp, Inc., Delaware (a)	28,595		365,158
BancorpSouth, Inc.	84,413		1,291,519

	Shares		Value
Bank of Hawaii Corp.	64,151		$ 3,104,267
Bank of Kentucky Financial Corp.	1,699		45,397
Bank of Marin Bancorp	2,794		105,026
Bank of the Ozarks, Inc. (d)	37,486		1,439,088
BankUnited, Inc.	48,423		1,373,276
Banner Bank	13,068		388,250
Bar Harbor Bankshares	2,686		95,756
BB&T Corp.	654,452		19,869,163
BBCN Bancorp, Inc.	67,581		836,653
BCB Bancorp, Inc.	2,814		26,958
BOK Financial Corp.	38,531		2,289,897
Boston Private Financial Holdings, Inc.	63,942		583,790
Bridge Bancorp, Inc.	540		11,372
Bridge Capital Holdings (a)	1,107		16,849
Bryn Mawr Bank Corp.	9,420		216,095
BSB Bancorp, Inc. (a)	6,958		91,846
C & F Financial Corp.	573		22,891
Camden National Corp.	1,850		62,697
Capital Bank Financial Corp. Series A	10,674		197,469
Capital City Bank Group, Inc. (a)(d)	7,146		81,822
CapitalSource, Inc.	188,339		1,695,051
Cardinal Financial Corp.	22,155		352,929
Cascade Bancorp (a)(d)	4,186		25,242
Cathay General Bancorp	74,072		1,443,663
Center Bancorp, Inc.	6,904		85,610
Centerstate Banks of Florida, Inc.	6,387		54,098
Central Pacific Financial Corp. (a)(d)	26,089		404,119
Century Bancorp, Inc. Class A (non-vtg.)	686		22,638
Chemical Financial Corp.	26,904		658,879
CIT Group, Inc. (a)	188,005		7,869,889
Citizens & Northern Corp.	8,777		171,152
Citizens Republic Bancorp, Inc. (a)	39,789		819,653
City Holding Co. (d)	22,173		840,800
City National Corp. (d)	45,217		2,568,778
CNB Financial Corp., Pennsylvania	7,083		119,349
CoBiz, Inc.	39,972		331,368
Columbia Banking Systems, Inc. (d)	29,815		596,300
Comerica, Inc.	181,563		6,242,136
Commerce Bancshares, Inc.	76,716		2,922,112
Community Bank System, Inc.	29,335		846,901
Community Trust Bancorp, Inc.	13,652		465,943
CU Bancorp (a)	6,814		83,812
Cullen/Frost Bankers, Inc.	71,142		4,308,360
CVB Financial Corp. (d)	84,778		898,647
Eagle Bancorp, Inc., Maryland (a)(d)	16,194		351,410
East West Bancorp, Inc.	172,545		4,244,607
Eastern Virginia Bankshares, Inc. (a)	821		5,492
Enterprise Bancorp, Inc.	803		12,760
Enterprise Financial Services Corp.	12,168		170,109
Farmers National Banc Corp.	14,652		91,575
Fidelity Southern Corp.	3,363		37,329
Fifth Third Bancorp	855,912		13,557,646
Financial Institutions, Inc.	12,700		253,111
First Bancorp, North Carolina	9,193		122,635
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
First Bancorp, Puerto Rico (a)(d)	46,129		$ 252,326
First Busey Corp. (d)	50,381		226,715
First California Financial Group, Inc. (a)	10,516		84,549
First Citizen Bancshares, Inc.	5,973		1,072,452
First Commonwealth Financial Corp.	74,665		542,815
First Community Bancshares, Inc.	8,561		133,723
First Connecticut Bancorp, Inc.	11,897		170,246
First Financial Bancorp, Ohio	41,951		643,109
First Financial Bankshares, Inc. (d)	43,848		1,955,621
First Financial Corp., Indiana	8,837		271,738
First Financial Service Corp. (a)	2,521		8,092
First Horizon National Corp.	203,894		2,167,393
First Interstate Bancsystem, Inc.	19,621		358,476
First M&F Corp.	2,170		29,751
First Merchants Corp.	25,012		371,928
First Midwest Bancorp, Inc., Delaware	83,782		1,047,275
First Niagara Financial Group, Inc.	297,749		2,435,587
First of Long Island Corp.	1,768		50,512
First Republic Bank	67,611		2,464,421
First United Corp. (a)	3,018		24,204
FirstMerit Corp. (d)	97,649		1,476,453
FNB Corp., Pennsylvania	105,430		1,197,685
FNB United Corp. (a)	6,555		66,599
Fulton Financial Corp. (d)	187,360		2,126,536
German American Bancorp, Inc.	4,623		100,596
Glacier Bancorp, Inc.	63,024		1,099,139
Great Southern Bancorp, Inc.	6,815		163,628
Guaranty Bancorp (a)	13,950		28,179
Hampton Roads Bankshares, Inc. (a)(d)	89,921		118,696
Hancock Holding Co.	79,232		2,392,806
Hanmi Financial Corp. (a)	26,311		447,024
Hawthorn Bancshares, Inc.	1,439		14,606
Heartland Financial USA, Inc.	8,878		208,988
Heritage Commerce Corp. (a)	14,712		99,453
Heritage Financial Corp., Washington	12,768		176,837
Heritage Oaks Bancorp (a)	3,340		18,771
Home Bancshares, Inc.	25,101		849,669
HomeTrust Bancshares, Inc. (d)	20,129		310,993
Horizon Bancorp Industries	706		14,318
Hudson Valley Holding Corp.	14,551		220,884
Huntington Bancshares, Inc.	815,715		5,734,476
IBERIABANK Corp. (d)	26,893		1,350,029
Independent Bank Corp. (a)	1,144		6,761
Independent Bank Corp., Massachusetts (d)	25,945		822,197
International Bancshares Corp. (d)	64,813		1,312,463
Intervest Bancshares Corp. Class A (a)	6,160		33,449
Investors Bancorp, Inc.	53,522		945,734
KeyCorp	879,084		8,254,599
Lakeland Bancorp, Inc.	23,579		226,594
Lakeland Financial Corp.	13,545		334,832

	Shares		Value
M&T Bank Corp.	113,824		$ 11,620,292
Macatawa Bank Corp. (a)(d)	22,839		111,683
MainSource Financial Group, Inc.	13,271		185,794
MB Financial, Inc.	47,874		1,135,093
MBT Financial Corp. (a)	1,548		5,619
Merchants Bancshares, Inc.	5,246		151,295
Metro Bancorp, Inc. (a)	11,557		192,424
Metrocorp Bancshares, Inc. (a)	6,201		64,118
Midsouth Bancorp, Inc.	5,240		80,015
National Bank Holdings Corp.	12,034		217,695
National Bankshares, Inc.	5,803		195,793
National Penn Bancshares, Inc. (d)	120,787		1,183,713
NBT Bancorp, Inc.	33,888		693,348
NewBridge Bancorp (a)	7,211		42,401
North Valley Bancorp (a)	849		14,408
Northrim Bancorp, Inc.	2,935		63,807
Old National Bancorp, Indiana	98,018		1,323,243
Old Second Bancorp, Inc. (a)(d)	18,605		63,257
OmniAmerican Bancorp, Inc. (a)	6,877		179,215
Oriental Financial Group, Inc. (d)	40,168		614,972
Orrstown Financial Services, Inc. (a)	5,669		80,216
Pacific Continental Corp.	3,048		32,400
Pacific Mercantile Bancorp (a)	9,641		57,460
Pacific Premier Bancorp, Inc. (a)	35		419
PacWest Bancorp (d)	32,508		888,444
Park National Corp. (d)	11,650		768,667
Park Sterling Corp. (a)	28,617		162,545
Penns Woods Bancorp, Inc. (d)	1,028		41,603
Peoples Bancorp, Inc.	3,334		72,248
Peoples Financial Corp., Mississippi	2,667		32,057
Pinnacle Financial Partners, Inc. (a)(d)	30,086		653,167
PNC Financial Services Group, Inc.	496,403		30,970,583
Popular, Inc. (a)	112,654		3,145,300
Preferred Bank, Los Angeles (a)	1,131		18,232
Premier Financial Bancorp, Inc.	115		1,340
PrivateBancorp, Inc.	92,031		1,648,275
Prosperity Bancshares, Inc. (d)	49,088		2,264,920
Regions Financial Corp.	1,378,520		10,545,678
Renasant Corp. (d)	22,516		495,577
Republic Bancorp, Inc., Kentucky Class A	18,205		393,956
Royal Bancshares of Pennsylvania, Inc. Class A (a)	2,700		3,861
S&T Bancorp, Inc.	32,238		582,218
S.Y. Bancorp, Inc.	6,551		148,380
Sandy Spring Bancorp, Inc.	13,803		267,226
SCBT Financial Corp. (d)	10,493		499,677
Seacoast Banking Corp., Florida (a)	25,630		52,798
Shore Bancshares, Inc.	2,958		19,759
Sierra Bancorp	3,618		45,804
Signature Bank (a)(d)	42,555		3,160,560
Simmons First National Corp. Class A	10,951		275,308
Southside Bancshares, Inc.	12,735		272,147
Southwest Bancorp, Inc., Oklahoma (a)(d)	15,446		200,644
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
State Bank Financial Corp.	26,469		$ 420,857
StellarOne Corp.	11,962		184,095
Sterling Bancorp, New York	27,642		281,119
Sterling Financial Corp.	40,387		855,397
Suffolk Bancorp (a)	15,697		221,014
Sun Bancorp, Inc., New Jersey (a)(d)	48,802		175,687
SunTrust Banks, Inc.	510,552		14,086,130
Susquehanna Bancshares, Inc. (d)	163,794		1,904,924
SVB Financial Group (a)	38,629		2,590,461
Synovus Financial Corp. (d)	1,042,950		2,649,093
Taylor Capital Group, Inc. (a)(d)	9,976		164,903
TCF Financial Corp.	168,588		2,316,399
Texas Capital Bancshares, Inc. (a)(d)	44,486		1,879,978
The First Bancorp, Inc.	2,896		50,188
Tompkins Financial Corp.	6,518		270,041
TowneBank (d)	18,594		270,357
Trico Bancshares	12,062		205,657
Trustmark Corp.	94,171		2,156,516
U.S. Bancorp	1,760,333		59,816,115
UMB Financial Corp.	29,731		1,355,436
Umpqua Holdings Corp. (d)	89,344		1,121,267
Union/First Market Bankshares Corp.	16,413		297,896
United Bankshares, Inc., West Virginia (d)	35,646		926,796
United Community Banks, Inc., Georgia (a)	43,617		469,755
Univest Corp. of Pennsylvania	10,023		166,282
Valley National Bancorp (d)	184,448		1,850,013
Virginia Commerce Bancorp, Inc. (a)	37,552		509,205
Washington Banking Co., Oak Harbor	5,615		77,150
Washington Trust Bancorp, Inc.	15,489		409,529
Webster Financial Corp.	85,199		1,876,082
Wells Fargo & Co.	4,595,089		161,195,722
WesBanco, Inc.	21,334		499,002
West Bancorp., Inc.	1,202		13,306
West Coast Bancorp	13,663		321,081
Westamerica Bancorp.	22,409		991,598
Western Alliance Bancorp. (a)(d)	61,889		823,124
Wilshire Bancorp, Inc. (a)	41,540		243,840
Wintrust Financial Corp. (d)	33,573		1,225,415
Zions Bancorporation	180,863		4,366,033
			478,962,888
Consumer Finance - 0.8%
American Express Co.	908,418		56,458,179
Asset Acceptance Capital Corp. (a)	10,832		57,085
Asta Funding, Inc.	4,468		42,982
Atlanticus Holdings Corp. (a)(d)	35,598		115,338
Capital One Financial Corp.	541,201		27,617,487
Cash America International, Inc. (d)	23,667		1,198,497
Consumer Portfolio Services, Inc. (a)(d)	2,464		20,328
Credit Acceptance Corp. (a)	9,077		1,003,281

	Shares		Value
DFC Global Corp. (a)(d)	43,285		$ 808,564
Discover Financial Services	473,884		18,258,751
Encore Capital Group, Inc. (a)(d)	16,160		477,528
EZCORP, Inc. (non-vtg.) Class A (a)	48,356		1,000,002
First Cash Financial Services, Inc. (a)(d)	28,920		1,530,157
First Marblehead Corp. (a)(d)	51,880		45,551
Green Dot Corp. Class A (a)	44,284		620,862
Imperial Holdings, Inc. (a)(d)	16,708		66,832
Nelnet, Inc. Class A	22,213		737,027
Netspend Holdings, Inc. (a)	44,711		708,669
Portfolio Recovery Associates, Inc. (a)(d)	16,868		1,972,291
SLM Corp.	416,481		7,900,645
World Acceptance Corp. (a)(d)	15,268		1,201,592
			121,841,648
Diversified Financial Services - 3.0%
Bank of America Corp.	10,096,598		113,384,796
CBOE Holdings, Inc.	75,768		2,721,587
Citigroup, Inc.	2,746,452		115,268,590
CME Group, Inc.	287,473		17,196,635
Gain Capital Holdings, Inc.	15,735		69,863
Interactive Brokers Group, Inc.	35,966		529,060
IntercontinentalExchange, Inc. (a)(d)	65,579		10,152,941
JPMorgan Chase & Co.	3,552,220		173,774,602
Leucadia National Corp. (d)	274,854		7,393,573
Life Partners Holdings, Inc. (d)	18,668		74,299
MarketAxess Holdings, Inc. (d)	38,326		1,497,014
Marlin Business Services Corp.	13,319		252,395
McGraw-Hill Companies, Inc.	257,711		11,996,447
MicroFinancial, Inc.	86		634
Moody's Corp. (d)	180,684		8,683,673
MSCI, Inc. Class A (a)(d)	121,379		4,021,286
NewStar Financial, Inc. (a)(d)	27,065		366,189
NYSE Euronext	235,811		8,791,034
PHH Corp. (a)(d)	45,131		948,202
PICO Holdings, Inc. (a)(d)	18,345		394,601
Resource America, Inc. Class A	2,362		21,045
The NASDAQ Stock Market, Inc.	124,702		3,948,065
Vector Capital Corp. rights (a)	4,280		0
			481,486,531
Insurance - 4.2%
ACE Ltd.	311,412		26,591,471
AFLAC, Inc.	437,110		21,833,645
Alleghany Corp.	16,625		6,282,089
Allied World Assurance Co. Holdings Ltd.	33,827		2,970,349
Allstate Corp.	443,988		20,432,328
American Equity Investment Life Holding Co. (d)	51,311		712,197
American Financial Group, Inc.	76,865		3,378,985
American International Group, Inc. (a)	1,380,642		52,478,202
American National Insurance Co.	11,975		962,431
American Safety Insurance Group Ltd. (a)	2,651		61,053
Amerisafe, Inc. (d)	28,834		940,565
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Insurance - continued
Amtrust Financial Services, Inc. (d)	26,184		$ 870,618
Aon PLC	293,587		17,935,230
Arch Capital Group Ltd. (a)(d)	122,181		6,001,531
Argo Group International Holdings, Ltd.	29,792		1,131,500
Arthur J. Gallagher & Co.	116,853		4,496,503
Aspen Insurance Holdings Ltd.	68,795		2,466,989
Assurant, Inc.	95,115		3,993,879
Assured Guaranty Ltd.	183,926		3,433,898
Axis Capital Holdings Ltd.	106,761		4,348,376
Baldwin & Lyons, Inc. Class B	5,084		118,406
Berkshire Hathaway, Inc. Class B (a)	1,707,202		174,407,756
Brown & Brown, Inc.	116,705		3,501,150
Cincinnati Financial Corp.	161,273		7,258,898
Citizens, Inc. Class A (a)(d)	31,937		293,501
CNA Financial Corp.	51,802		1,633,835
CNO Financial Group, Inc.	187,983		2,056,534
Crawford & Co. Class B	10,464		86,433
Donegal Group, Inc. Class A	4,528		65,294
Eastern Insurance Holdings, Inc.	901		16,777
eHealth, Inc. (a)	26,343		409,107
EMC Insurance Group	5,816		149,704
Employers Holdings, Inc.	36,335		763,398
Endurance Specialty Holdings Ltd. (d)	33,058		1,455,874
Enstar Group Ltd. (a)	9,122		1,143,351
Erie Indemnity Co. Class A	24,672		1,805,990
Everest Re Group Ltd.	47,316		5,896,047
FBL Financial Group, Inc. Class A	12,986		471,911
Federated National Holding Co.	1,278		7,272
Fidelity National Financial, Inc. Class A	187,810		4,683,981
First Acceptance Corp. (a)	4,055		4,663
First American Financial Corp.	99,791		2,423,923
Fortegra Financial Corp. (a)	10,670		96,564
Genworth Financial, Inc. Class A (a)	453,375		3,871,823
Global Indemnity PLC (a)	13,709		316,678
Greenlight Capital Re, Ltd. (a)(d)	17,063		409,171
Hallmark Financial Services, Inc. (a)	10,337		93,653
Hanover Insurance Group, Inc.	48,173		2,056,024
Hartford Financial Services Group, Inc. (d)	404,630		9,553,314
HCC Insurance Holdings, Inc.	77,118		3,084,720
Health Insurance Innovations	4,900		61,201
Hilltop Holdings, Inc. (a)(d)	54,392		698,393
Homeowners Choice, Inc. (d)	3,589		72,354
Horace Mann Educators Corp.	37,921		775,864
Independence Holding Co.	16,014		151,973
Infinity Property & Casualty Corp.	13,372		751,373
Investors Title Co.	1,086		71,600
Kansas City Life Insurance Co.	2,863		106,847
Kemper Corp.	45,013		1,424,211
Lincoln National Corp.	257,619		7,610,065
Loews Corp.	308,435		13,296,633

	Shares		Value
Maiden Holdings Ltd.	73,970		$ 745,618
Markel Corp. (a)	8,688		4,200,214
Marsh & McLennan Companies, Inc.	499,497		18,551,319
MBIA, Inc. (a)(d)	133,617		1,292,076
Meadowbrook Insurance Group, Inc.	46,791		328,941
Mercury General Corp.	32,057		1,246,056
MetLife, Inc.	1,021,419		36,199,089
Montpelier Re Holdings Ltd.	62,043		1,533,703
National Financial Partners Corp. (a)(d)	57,169		1,123,943
National Interstate Corp.	7,859		261,548
National Western Life Insurance Co. Class A (d)	2,078		338,423
Navigators Group, Inc. (a)	15,156		851,161
Old Republic International Corp.	205,421		2,467,106
OneBeacon Insurance Group Ltd.	20,572		275,048
PartnerRe Ltd.	55,220		4,927,833
Phoenix Companies, Inc. (a)	3,067		76,982
Platinum Underwriters Holdings Ltd.	32,909		1,740,228
Primerica, Inc.	38,359		1,207,158
Principal Financial Group, Inc.	266,275		8,416,953
ProAssurance Corp.	50,156		2,351,815
Progressive Corp. (d)	507,847		12,371,153
Protective Life Corp.	78,222		2,496,846
Prudential Financial, Inc.	429,423		23,863,036
Reinsurance Group of America, Inc.	67,866		3,902,295
RenaissanceRe Holdings Ltd.	38,496		3,366,090
RLI Corp.	13,036		898,702
Safety Insurance Group, Inc.	14,899		700,253
Selective Insurance Group, Inc.	42,720		950,093
StanCorp Financial Group, Inc. (d)	37,431		1,490,128
State Auto Financial Corp.	6,222		104,530
Stewart Information Services Corp. (d)	21,434		496,197
Symetra Financial Corp.	63,181		832,094
The Chubb Corp.	243,401		20,452,986
The Travelers Companies, Inc.	352,417		28,341,375
Torchmark Corp.	96,240		5,407,726
Tower Group, Inc.	56,423		1,052,289
United Fire Group, Inc.	20,054		492,927
Universal Insurance Holdings, Inc.	15,547		68,251
Unum Group	290,729		7,114,139
Validus Holdings Ltd.	96,782		3,448,343
W.R. Berkley Corp.	93,123		3,864,605
White Mountains Insurance Group Ltd.	5,736		3,240,840
XL Group PLC Class A	291,212		8,340,312
			655,908,529
Real Estate Investment Trusts - 3.6%
Acadia Realty Trust (SBI) (d)	43,554		1,172,474
AG Mortgage Investment Trust, Inc.	18,957		497,242
Agree Realty Corp.	17,794		499,478
Alexanders, Inc.	2,701		876,475
Alexandria Real Estate Equities, Inc.	58,761		4,180,258
American Assets Trust, Inc.	30,756		929,754
American Campus Communities, Inc.	100,126		4,525,695
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
American Capital Agency Corp. (d)	317,049		$ 10,056,794
American Capital Mortgage Investment Corp.	52,567		1,350,972
American Realty Capital Properties, Inc.	7,446		98,511
American Tower Corp.	369,121		28,643,790
Annaly Capital Management, Inc. (d)	903,030		13,987,935
Anworth Mortgage Asset Corp. (d)	251,516		1,534,248
Apartment Investment & Management Co. Class A	129,351		3,831,377
Apollo Commercial Real Estate Finance, Inc.	23,002		396,785
Apollo Residential Mortgage, Inc.	12,502		279,795
Arbor Realty Trust, Inc.	29,871		236,578
Ares Commercial Real Estate Corp.	17,618		300,035
Armour Residential REIT, Inc.	350,513		2,344,932
Ashford Hospitality Trust, Inc. (d)	69,895		822,664
Associated Estates Realty Corp. (d)	41,987		733,933
AvalonBay Communities, Inc.	106,629		13,310,498
BioMed Realty Trust, Inc. (d)	156,049		3,295,755
Boston Properties, Inc.	141,720		14,721,874
Brandywine Realty Trust (SBI) (d)	117,771		1,619,351
BRE Properties, Inc.	68,958		3,352,048
BRT Realty Trust (a)	5,568		41,259
Camden Property Trust (SBI)	76,966		5,321,429
Campus Crest Communities, Inc. (d)	32,807		411,400
Capital Trust, Inc. Class A	26,388		59,637
CapLease, Inc.	46,796		279,840
Capstead Mortgage Corp.	68,354		857,159
CBL & Associates Properties, Inc. (d)	132,387		3,010,480
Cedar Shopping Centers, Inc.	59,877		343,694
Chatham Lodging Trust	14,263		234,769
Chesapeake Lodging Trust	44,367		955,222
Chimera Investment Corp.	1,225,514		3,652,032
Colonial Properties Trust (SBI) (d)	73,570		1,586,169
Colony Financial, Inc.	46,259		1,024,637
CommonWealth REIT (d)	92,858		2,344,665
Coresite Realty Corp.	24,333		788,389
Corporate Office Properties Trust (SBI) (d)	70,447		1,822,464
Cousins Properties, Inc. (d)	110,370		1,072,796
Crexus Investment Corp.	67,523		898,731
CubeSmart (d)	102,102		1,504,983
CyrusOne, Inc.	16,200		345,222
Cys Investments, Inc. (d)	154,865		1,836,699
DCT Industrial Trust, Inc. (d)	235,284		1,708,162
DDR Corp.	287,291		4,961,516
DiamondRock Hospitality Co.	161,462		1,443,470
Digital Realty Trust, Inc.	112,771		7,553,402
Douglas Emmett, Inc. (d)	131,928		3,233,555
Duke Realty LP (d)	288,029		4,654,549
DuPont Fabros Technology, Inc. (d)	100,616		2,330,267
EastGroup Properties, Inc. (d)	24,180		1,373,666

	Shares		Value
Education Realty Trust, Inc.	93,993		$ 1,025,464
EPR Properties (d)	65,817		3,211,211
Equity Lifestyle Properties, Inc.	37,774		2,783,566
Equity One, Inc.	59,709		1,403,759
Equity Residential (SBI)	300,187		16,522,292
Essex Property Trust, Inc. (d)	31,185		4,646,253
Excel Trust, Inc. (d)	30,162		380,343
Extra Space Storage, Inc.	91,185		3,413,966
Federal Realty Investment Trust (SBI)	65,716		6,979,696
FelCor Lodging Trust, Inc. (a)	200,216		1,005,084
First Industrial Realty Trust, Inc. (d)	73,033		1,159,034
First Potomac Realty Trust (d)	52,713		744,835
Franklin Street Properties Corp. (d)	68,554		942,618
General Growth Properties, Inc. (d)	418,652		8,012,999
Getty Realty Corp. (d)	23,628		469,725
Gladstone Commercial Corp.	10,709		203,043
Glimcher Realty Trust (d)	117,715		1,325,471
Government Properties Income Trust (d)	38,181		1,010,269
Gramercy Capital Corp. (a)	85,386		326,175
Gyrodyne Co. of America, Inc.	302		22,475
Hatteras Financial Corp.	121,103		3,232,239
HCP, Inc.	421,332		20,594,708
Health Care REIT, Inc.	238,305		15,284,883
Healthcare Realty Trust, Inc. (d)	75,869		2,018,115
Healthcare Trust of America, Inc.	41,271		473,791
Hersha Hospitality Trust	166,640		934,850
Highwoods Properties, Inc. (SBI) (d)	58,977		2,152,661
Home Properties, Inc.	43,481		2,714,084
Hospitality Properties Trust (SBI) (d)	104,935		2,801,765
Host Hotels & Resorts, Inc.	659,203		10,988,914
Hudson Pacific Properties, Inc.	39,210		884,970
Inland Real Estate Corp.	58,987		569,814
Invesco Mortgage Capital, Inc. (d)	122,202		2,568,686
Investors Real Estate Trust (d)	69,850		664,274
iStar Financial, Inc. (a)	71,516		714,445
JAVELIN Mortgage Investment Corp.	7,375		141,453
Kilroy Realty Corp.	69,106		3,646,033
Kimco Realty Corp. (d)	365,383		7,954,388
Kite Realty Group Trust	62,068		409,028
LaSalle Hotel Properties (SBI)	89,618		2,275,401
Lexington Corporate Properties Trust (d)	130,150		1,491,519
Liberty Property Trust (SBI) (d)	101,740		3,946,495
LTC Properties, Inc.	26,907		1,037,803
Mack-Cali Realty Corp. (d)	78,978		2,241,396
Medical Properties Trust, Inc.	109,056		1,583,493
MFA Financial, Inc.	335,157		2,976,194
MHI Hospitality Corp.	2,721		11,673
Mid-America Apartment Communities, Inc. (d)	43,592		3,027,028
Monmouth Real Estate Investment Corp. Class A	35,864		400,242
MPG Office Trust, Inc. (a)(d)	145,580		377,052
National Health Investors, Inc. (d)	21,683		1,405,058
National Retail Properties, Inc. (d)	95,841		3,301,722
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
New York Mortgage Trust, Inc. (d)	42,080		$ 296,243
NorthStar Realty Finance Corp.	126,141		1,128,962
Omega Healthcare Investors, Inc. (d)	98,005		2,743,160
One Liberty Properties, Inc.	11,261		244,589
Parkway Properties, Inc.	31,704		536,115
Pebblebrook Hotel Trust (d)	47,465		1,134,888
Pennsylvania Real Estate Investment Trust (SBI)	54,751		988,256
PennyMac Mortgage Investment Trust (d)	49,995		1,270,873
Piedmont Office Realty Trust, Inc. Class A (d)	148,914		2,927,649
Plum Creek Timber Co., Inc.	155,723		7,552,566
PMC Commercial Trust	8,500		59,585
Post Properties, Inc.	47,292		2,257,720
Potlatch Corp.	34,281		1,508,707
Power (REIT)	718		7,611
Prologis, Inc.	433,925		16,897,040
PS Business Parks, Inc.	16,465		1,218,245
Public Storage	135,985		20,562,292
RAIT Financial Trust	83,839		606,994
Ramco-Gershenson Properties Trust (SBI)	36,987		584,395
Rayonier, Inc. (d)	116,685		6,519,191
Realty Income Corp.	165,752		7,566,579
Redwood Trust, Inc.	89,769		1,818,720
Regency Centers Corp. (d)	90,033		4,670,912
Resource Capital Corp.	86,728		589,750
Retail Opportunity Investments Corp. (d)	70,350		908,219
Retail Properties America, Inc. (d)	28,399		420,305
RLJ Lodging Trust	96,663		2,067,622
Rouse Properties, Inc. (d)	17,327		287,801
Ryman Hospitality Properties, Inc. (d)	46,451		2,078,682
Sabra Health Care REIT, Inc. (d)	44,632		1,179,624
Saul Centers, Inc.	11,025		482,454
Select Income (REIT)	15,485		430,638
Senior Housing Properties Trust (SBI)	173,790		4,360,391
Silver Bay Realty Trust Corp. (d)	15,000		306,300
Simon Property Group, Inc.	289,740		46,028,096
SL Green Realty Corp. (d)	83,735		6,834,451
Sovran Self Storage, Inc.	24,309		1,478,960
Spirit Realty Capital, Inc. (d)	28,497		567,660
Stag Industrial, Inc. (d)	38,576		818,197
Starwood Property Trust, Inc.	118,310		3,306,765
Strategic Hotel & Resorts, Inc. (a)	334,781		2,437,206
Summit Hotel Properties, Inc.	38,502		369,619
Sun Communities, Inc.	36,167		1,682,851
Sunstone Hotel Investors, Inc. (a)	148,041		1,677,305
Supertel Hospitality, Inc., Maryland (a)	5,631		6,363
Tanger Factory Outlet Centers, Inc. (d)	79,590		2,808,731
Taubman Centers, Inc. (d)	52,569		4,033,094
Terreno Realty Corp.	12,136		217,234
The Geo Group, Inc.	66,308		2,290,278

	Shares		Value
The Macerich Co. (d)	126,640		$ 7,612,330
Two Harbors Investment Corp.	262,968		3,381,768
UDR, Inc. (d)	225,065		5,370,051
UMH Properties, Inc.	10,346		103,667
Universal Health Realty Income Trust (SBI) (d)	13,491		770,471
Urstadt Biddle Properties, Inc. Class A	26,585		561,741
Ventas, Inc.	276,442		19,566,565
Vornado Realty Trust	159,312		12,778,416
Washington (REIT) (SBI)	61,934		1,714,952
Weingarten Realty Investors (SBI)	108,015		3,310,660
Western Asset Mortgage Capital Corp.	17,996		386,734
Weyerhaeuser Co.	503,112		14,796,524
Whitestone REIT Class B	2,558		37,731
Winthrop Realty Trust	19,884		249,544
WP Carey, Inc. (d)	56,109		3,343,535
ZAIS Financial Corp. (d)	6,000		120,420
			572,536,966
Real Estate Management & Development - 0.1%
Alexander & Baldwin, Inc.	43,253		1,523,803
American Spectrum Realty, Inc. (a)	1,984		3,789
AV Homes, Inc. (a)	12,051		181,006
CBRE Group, Inc. (a)	275,685		6,663,306
Consolidated-Tomoka Land Co. (d)	2,432		82,810
Forest City Enterprises, Inc. Class A (a)(d)	131,291		2,105,908
Forestar Group, Inc. (a)(d)	31,999		557,423
Howard Hughes Corp. (a)	24,658		1,893,488
Jones Lang LaSalle, Inc.	35,580		3,438,451
Kennedy-Wilson Holdings, Inc. (d)	35,815		575,547
Maui Land & Pineapple, Inc. (a)	31,310		125,866
Realogy Holdings Corp.	39,674		1,779,379
Tejon Ranch Co. (a)	11,342		332,321
The St. Joe Co. (a)(d)	111,664		2,490,107
Thomas Properties Group, Inc.	22,789		118,731
Transcontinental Realty Investors, Inc. (a)	20,697		106,797
Zillow, Inc. (a)(d)	16,135		693,160
ZipRealty, Inc. (a)	19,987		76,750
			22,748,642
Thrifts & Mortgage Finance - 0.3%
Astoria Financial Corp. (d)	69,632		681,001
Bank Mutual Corp.	56,001		320,326
BankFinancial Corp.	19,300		154,014
BBX Capital Corp. (a)(d)	18,261		147,549
Beneficial Mutual Bancorp, Inc. (a)	37,525		359,865
Berkshire Hills Bancorp, Inc.	17,169		417,207
BofI Holding, Inc. (a)(d)	11,427		384,747
Brookline Bancorp, Inc., Delaware	86,924		791,008
Camco Financial Corp. (a)	347		1,270
Cape Bancorp, Inc.	2,611		23,734
Capitol Federal Financial, Inc.	173,299		2,050,127
CFS Bancorp, Inc.	688		5,270
Charter Financial Corp., Georgia	1,200		14,772
Chicopee Bancorp, Inc.	1,816		28,584
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Thrifts & Mortgage Finance - continued
Clifton Savings Bancorp, Inc. (d)	15,589		$ 176,156
Dime Community Bancshares, Inc.	51,879		737,201
Doral Financial Corp. (a)	159,443		90,803
ESB Financial Corp.	7,915		108,673
ESSA Bancorp, Inc.	4,298		47,493
EverBank Financial Corp.	16,362		247,066
Farmer Mac Class C (non-vtg.)	8,894		300,173
First Defiance Financial Corp.	6,145		138,385
First Financial Holdings, Inc.	12,257		244,650
First Financial Northwest, Inc. (a)	2,197		17,422
First PacTrust Bancorp, Inc. (d)	4,303		44,192
Flagstar Bancorp, Inc. (a)(d)	37,206		505,630
Flushing Financial Corp.	47,044		743,295
Fox Chase Bancorp, Inc.	14,307		239,213
Franklin Financial Corp./VA	16,347		291,957
HF Financial Corp.	2,735		36,758
Hingham Institution for Savings	1,505		105,290
Home Federal Bancorp, Inc.	9,753		112,160
HomeStreet, Inc.	7,892		197,142
Hudson City Bancorp, Inc.	532,335		4,535,494
IF Bancorp, Inc. (a)	3,112		46,711
Impac Mortgage Holdings, Inc. (a)(d)	5,393		60,941
Kearny Financial Corp.	2,196		21,938
Madison County Financial, Inc. (a)	4,682		75,006
Meridian Interstate Bancorp, Inc. (a)	750		13,568
MGIC Investment Corp. (a)(d)	156,364		465,965
NASB Financial, Inc. (a)	1,203		26,719
Nationstar Mortgage Holdings, Inc. (d)	18,397		708,836
New York Community Bancorp, Inc.	408,522		5,515,047
Northfield Bancorp, Inc.	13,855		157,670
Northwest Bancshares, Inc.	92,094		1,150,254
OceanFirst Financial Corp.	5,851		81,563
Ocwen Financial Corp. (a)	108,754		4,287,083
Oritani Financial Corp.	26,763		393,684
People's United Financial, Inc.	329,770		4,319,987
Peoples Federal Bancshares, Inc.	1,156		20,669
Poage Bankshares, Inc.	2,365		33,228
Provident Financial Holdings, Inc.	3,066		52,429
Provident Financial Services, Inc.	56,391		845,301
Provident New York Bancorp	44,223		397,123
PVF Capital Corp. (a)	11,916		44,447
Radian Group, Inc. (d)	110,991		977,831
Riverview Bancorp, Inc. (a)	6,875		15,263
Rockville Financial, Inc.	5,182		66,641
Security National Financial Corp. Class A	9,669		74,548
Simplicity Bancorp, Inc.	10,338		157,551
Territorial Bancorp, Inc.	13,244		308,850
TFS Financial Corp. (a)	149,374		1,569,921
Timberland Bancorp, Inc.	5,034		41,581
Tree.com, Inc.	3,275		57,083

	Shares		Value
Trustco Bank Corp., New York	73,043		$ 380,554
United Community Financial Corp., Ohio (a)	11,112		37,336
United Financial Bancorp, Inc.	9,158		136,912
ViewPoint Financial Group (d)	25,777		537,450
Walker & Dunlop, Inc. (a)	10,954		232,225
Washington Federal, Inc.	99,759		1,750,770
Westfield Financial, Inc.	28,907		225,186
WSFS Financial Corp.	10,396		493,810
			40,080,308
TOTAL FINANCIALS			2,687,885,279
HEALTH CARE - 11.8%
Biotechnology - 2.0%
Aastrom Biosciences, Inc. (a)	78,454		95,714
ACADIA Pharmaceuticals, Inc. (a)(d)	51,353		311,713
Achillion Pharmaceuticals, Inc. (a)(d)	52,411		424,529
Acorda Therapeutics, Inc. (a)	35,775		1,064,306
ADVENTRX Pharmaceuticals, Inc. (a)(d)	29,390		22,336
Aegerion Pharmaceuticals, Inc. (a)(d)	17,880		538,546
Affymax, Inc. (a)(d)	50,245		133,652
Agenus, Inc. (a)(d)	7,526		32,211
Alexion Pharmaceuticals, Inc. (a)	182,104		15,795,701
Alkermes PLC (a)(d)	133,044		2,888,385
Allos Therapeutics, Inc. rights	74,291		1
Alnylam Pharmaceuticals, Inc. (a)	51,923		1,230,056
AMAG Pharmaceuticals, Inc. (a)(d)	31,420		520,001
Amgen, Inc.	719,672		65,785,218
Amicus Therapeutics, Inc. (a)(d)	25,384		68,029
Anacor Pharmaceuticals, Inc. (a)(d)	15,721		54,709
Anthera Pharmaceuticals, Inc. (a)(d)	45,190		27,566
Arena Pharmaceuticals, Inc. (a)(d)	201,800		1,693,102
ARIAD Pharmaceuticals, Inc. (a)(d)	169,376		3,561,977
ArQule, Inc. (a)(d)	65,290		160,613
Array Biopharma, Inc. (a)	101,050		393,085
Arrowhead Research Corp. (a)	3,000		6,450
Astex Pharmaceuticals, Inc. (a)	71,219		232,174
Athersys, Inc. (a)(d)	40,391		61,394
AVEO Pharmaceuticals, Inc. (a)	43,200		288,144
BioCryst Pharmaceuticals, Inc. (a)(d)	40,934		49,121
Biogen Idec, Inc. (a)	221,141		36,784,594
BioMarin Pharmaceutical, Inc. (a)(d)	116,539		6,755,766
BioMimetic Therapeutics, Inc. (a)	29,891		283,666
Biospecifics Technologies Corp. (a)(d)	1,441		22,624
Biota Pharmaceuticals, Inc.	5,848		23,334
BioTime, Inc. (a)(d)	32,076		135,040
Cardium Therapeutics, Inc. (a)(d)	185,107		31,116
Catalyst Pharmaceutical Partners, Inc. (a)(d)	25,961		11,638
Cel-Sci Corp. (a)(d)	283,400		75,044
Celgene Corp. (a)	397,861		41,051,298
Cell Therapeutics, Inc. (a)	40,400		54,136
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
Celldex Therapeutics, Inc. (a)(d)	77,285		$ 735,753
Celsion Corp. (a)(d)	34,856		33,810
Cepheid, Inc. (a)(d)	63,653		2,318,879
Chelsea Therapeutics International Ltd. (a)	75,408		119,145
ChemoCentryx, Inc. (d)	4,508		60,813
Cleveland Biolabs, Inc. (a)(d)	35,489		55,008
Clovis Oncology, Inc. (a)(d)	12,909		243,464
Codexis, Inc. (a)	21,294		44,079
Coronado Biosciences, Inc. (a)(d)	10,731		78,551
Cubist Pharmaceuticals, Inc. (a)	68,221		2,894,617
Cubist Pharmaceuticals, Inc. rights (a)	32,062		0
Curis, Inc. (a)	51,867		139,522
Cyclacel Pharmaceuticals, Inc. (a)(d)	11,529		63,755
Cytokinetics, Inc. (d)	74,661		74,512
Cytori Therapeutics, Inc. (a)(d)	69,588		177,449
CytRx Corp. (a)(d)	25,756		54,088
DARA BioSciences, Inc. (a)(d)	8,510		8,595
Dendreon Corp. (a)(d)	131,169		759,469
Discovery Laboratories, Inc. (a)	38,893		95,677
Durata Therapeutics, Inc. (d)	7,156		61,184
Dyax Corp. (a)(d)	62,562		200,824
Dynavax Technologies Corp. (a)(d)	164,055		334,672
Emergent BioSolutions, Inc. (a)	18,513		286,766
EntreMed, Inc. (a)	289		853
Enzon Pharmaceuticals, Inc. (d)	43,430		183,709
Exact Sciences Corp. (a)(d)	55,499		592,729
Exelixis, Inc. (a)(d)	160,939		733,882
Galena Biopharma, Inc. (a)(d)	57,499		109,823
Genomic Health, Inc. (a)(d)	14,126		404,710
GenVec, Inc. (a)	8,140		13,594
Geron Corp. (a)(d)	128,101		187,027
Gilead Sciences, Inc. (a)	1,419,039		60,607,156
GTx, Inc. (a)(d)	19,627		89,303
Halozyme Therapeutics, Inc. (a)(d)	76,082		415,408
Hemispherx Biopharma, Inc. (a)	130,774		28,770
Hyperion Therapeutics, Inc.	5,781		105,445
iBio, Inc. (a)(d)	40,361		25,629
Idenix Pharmaceuticals, Inc. (a)(d)	86,105		362,502
Idera Pharmaceuticals, Inc. (a)	7,737		5,571
ImmunoCellular Therapeutics Ltd. (a)(d)	41,923		106,484
ImmunoGen, Inc. (a)(d)	69,033		1,047,231
Immunomedics, Inc. (a)(d)	54,782		125,999
Incyte Corp. (a)(d)	120,183		2,668,063
Infinity Pharmaceuticals, Inc. (a)(d)	35,540		1,467,447
Inovio Pharmaceuticals, Inc. (a)(d)	88,089		60,781
Insmed, Inc. (a)(d)	12,114		74,622
Intercept Pharmaceuticals, Inc.	4,951		193,188
InterMune, Inc. (a)	73,941		655,857
Ironwood Pharmaceuticals, Inc. Class A (a)(d)	75,886		1,132,978

	Shares		Value
Isis Pharmaceuticals, Inc. (a)(d)	87,255		$ 1,282,649
IsoRay, Inc. (a)	31,040		16,420
Keryx Biopharmaceuticals, Inc. (a)(d)	66,082		424,907
KYTHERA Biopharmaceuticals, Inc.	4,269		111,250
Lexicon Pharmaceuticals, Inc. (a)(d)	482,347		950,224
Ligand Pharmaceuticals, Inc. Class B (a)	16,755		344,148
Lpath, Inc. (a)	7,871		33,373
MannKind Corp. (a)(d)	137,962		353,183
Maxygen, Inc.	47,150		115,046
Medgenics, Inc. (a)	4,479		22,395
Medivation, Inc. (a)(d)	72,462		3,560,783
Merrimack Pharmaceuticals, Inc.	9,271		59,334
Metabolix, Inc. (a)(d)	41,636		101,175
Momenta Pharmaceuticals, Inc. (a)(d)	43,036		548,279
Myriad Genetics, Inc. (a)	72,302		1,837,917
Nanosphere, Inc. (a)(d)	36,229		70,647
Neuralstem, Inc. (a)(d)	54,208		57,460
Neurocrine Biosciences, Inc. (a)	50,654		535,919
NewLink Genetics Corp. (a)(d)	12,482		146,913
Novavax, Inc. (a)	79,584		144,843
NPS Pharmaceuticals, Inc. (a)	67,196		536,224
OncoGenex Pharmaceuticals, Inc. (a)	10,565		125,618
Oncothyreon, Inc. (a)(d)	43,661		90,378
Onyx Pharmaceuticals, Inc. (a)(d)	66,929		5,040,423
Opexa Therapeutics, Inc. (a)(d)	5,726		10,994
Opko Health, Inc. (a)(d)	116,016		805,151
Orexigen Therapeutics, Inc. (a)	56,897		339,106
Osiris Therapeutics, Inc. (a)(d)	18,170		119,559
OXiGENE, Inc. (a)	561		2,311
Oxygen Biotherapeutics, Inc. (a)(d)	27,463		7,690
Palatin Technologies, Inc. (a)	9,275		5,657
PDL BioPharma, Inc. (d)	108,271		773,055
Peregrine Pharmaceuticals, Inc. (a)(d)	84,902		110,373
Pharmacyclics, Inc. (a)(d)	52,344		4,594,756
PharmAthene, Inc. (a)(d)	51,372		66,784
Progenics Pharmaceuticals, Inc. (a)	25,311		66,821
Puma Biotechnology, Inc. (d)	7,873		202,415
Raptor Pharmaceutical Corp. (a)(d)	28,926		143,762
Regeneron Pharmaceuticals, Inc. (a)(d)	70,954		11,849,318
Regulus Therapeutics, Inc. (d)	11,075		57,036
Repligen Corp. (a)(d)	22,058		137,421
Rexahn Pharmaceuticals, Inc. (a)(d)	45,000		13,950
Rigel Pharmaceuticals, Inc. (a)(d)	75,480		507,226
Sangamo Biosciences, Inc. (a)(d)	44,798		456,492
Sarepta Therapeutics, Inc. (a)(d)	28,140		823,658
Savient Pharmaceuticals, Inc. (a)(d)	88,045		82,762
Seattle Genetics, Inc. (a)(d)	102,878		2,894,987
SIGA Technologies, Inc. (a)(d)	72,968		312,303
Spectrum Pharmaceuticals, Inc. (d)	41,659		474,913
StemCells, Inc. (a)(d)	19,840		33,926
Sunesis Pharmaceuticals, Inc. (a)(d)	32,643		170,396
Synageva BioPharma Corp. (a)(d)	8,009		400,210
Synergy Pharmaceuticals, Inc. (a)(d)	58,693		321,051
Synta Pharmaceuticals Corp. (a)	35,423		304,284
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
Synthetic Biologics, Inc. (a)(d)	46,314		$ 79,660
Targacept, Inc. (a)(d)	18,977		82,170
Telik, Inc. (a)	380		616
Theravance, Inc. (a)(d)	59,496		1,207,174
Threshold Pharmaceuticals, Inc. (a)(d)	37,822		175,116
Tranzyme, Inc. (a)	10,681		5,652
Trius Therapeutics, Inc. (a)(d)	26,469		138,962
Trovagene, Inc. (a)(d)	4,592		28,241
United Therapeutics Corp. (a)(d)	48,248		2,885,713
Vanda Pharmaceuticals, Inc. (a)	44,094		165,793
Verastem, Inc. (a)	2,425		22,844
Vertex Pharmaceuticals, Inc. (a)(d)	205,323		9,613,223
Vical, Inc. (a)(d)	65,666		210,131
XOMA Corp. (a)(d)	72,501		196,478
Zalicus, Inc. (a)(d)	104,856		68,366
ZIOPHARM Oncology, Inc. (a)(d)	79,220		350,945
			318,735,341
Health Care Equipment & Supplies - 2.2%
Abaxis, Inc. (d)	23,291		988,004
Abbott Laboratories	1,474,067		49,808,724
Abiomed, Inc. (a)(d)	36,354		583,118
Accuray, Inc. (a)(d)	37,835		161,555
Alere, Inc. (a)	62,700		1,427,052
Align Technology, Inc. (a)(d)	70,000		2,200,800
Alphatec Holdings, Inc. (a)	36,801		59,986
Analogic Corp. (d)	12,756		946,368
Angiodynamics, Inc. (a)(d)	26,377		326,811
Anika Therapeutics, Inc. (a)	9,287		115,623
Antares Pharma, Inc. (a)(d)	97,369		334,949
ArthroCare Corp. (a)	20,678		722,076
Atossa Genetics, Inc.	789		5,050
Atricure, Inc. (a)	12,717		112,927
Atrion Corp.	1,172		229,993
Bacterin International Holdings, Inc. (a)(d)	9,747		8,821
Baxter International, Inc.	518,087		35,022,681
Becton, Dickinson & Co.	183,162		16,129,246
BioLase Technology, Inc. (d)	30,401		109,748
Boston Scientific Corp. (a)	1,371,433		10,134,890
BSD Medical Corp. (a)(d)	46,363		61,199
C.R. Bard, Inc.	78,513		7,761,010
Cantel Medical Corp.	32,623		1,015,554
Cardica, Inc. (a)	23,778		27,582
Cardiovascular Systems, Inc. (a)(d)	12,870		203,475
CareFusion Corp. (a)	200,931		6,578,481
Cerus Corp. (a)(d)	50,032		164,605
Conceptus, Inc. (a)(d)	26,951		601,816
CONMED Corp.	19,521		607,298
Covidien PLC	443,714		28,206,899
Cryolife, Inc.	20,961		128,491
Cutera, Inc. (a)	15,449		199,292

	Shares		Value
Cyberonics, Inc. (a)(d)	26,017		$ 1,190,278
Cynosure, Inc. Class A (a)	12,701		359,819
Delcath Systems, Inc. (a)(d)	119,898		185,842
DENTSPLY International, Inc.	147,347		6,103,113
Derma Sciences, Inc. (a)(d)	7,901		97,419
DexCom, Inc. (a)(d)	65,323		975,272
DynaVox, Inc. Class A (a)	5,368		2,460
Edwards Lifesciences Corp. (a)(d)	106,727		9,171,051
Endologix, Inc. (a)(d)	46,783		704,552
EnteroMedics, Inc. (a)	21,626		18,153
ERBA Diagnostics, Inc. (a)	3,094		2,321
Exactech, Inc. (a)	3,102		57,108
Fonar Corp. (a)	719		3,875
Genmark Diagnostics, Inc. (a)(d)	17,233		179,740
Globus Medical, Inc. (d)	7,896		114,097
Greatbatch, Inc. (a)	22,320		604,202
Haemonetics Corp. (a)(d)	43,426		1,791,323
Hansen Medical, Inc. (a)(d)	48,696		104,209
Hill-Rom Holdings, Inc.	51,670		1,693,743
Hologic, Inc. (a)(d)	247,079		5,393,735
ICU Medical, Inc. (a)(d)	17,344		984,445
IDEXX Laboratories, Inc. (a)(d)	50,000		4,606,000
Insulet Corp. (a)(d)	55,000		1,241,350
Integra LifeSciences Holdings Corp. (a)(d)	14,197		578,386
Intuitive Surgical, Inc. (a)	37,346		19,042,352
Invacare Corp.	28,414		412,287
Kewaunee Scientific Corp.	1,376		17,998
LeMaitre Vascular, Inc.	3,845		23,455
Mako Surgical Corp. (a)(d)	32,106		410,636
Masimo Corp. (d)	62,689		1,244,377
Medical Action Industries, Inc. (a)	12,909		76,421
Medtronic, Inc.	949,634		42,695,545
MELA Sciences, Inc. (a)(d)	40,114		59,770
Meridian Bioscience, Inc. (d)	35,455		751,646
Merit Medical Systems, Inc. (a)	29,543		352,153
Misonix, Inc. (a)	2,579		14,700
Natus Medical, Inc. (a)	24,629		312,788
Navidea Biopharmaceuticals, Inc. (a)(d)	114,446		351,349
Neogen Corp. (a)	25,237		1,181,596
NuVasive, Inc. (a)(d)	44,714		830,339
NxStage Medical, Inc. (a)(d)	42,830		480,553
OraSure Technologies, Inc. (a)(d)	46,551		258,824
Orthofix International NV (a)	16,427		612,070
Palomar Medical Technologies, Inc. (a)	15,820		174,653
PhotoMedex, Inc. (a)(d)	6,551		96,627
Quidel Corp. (a)(d)	35,813		847,694
ResMed, Inc. (d)	155,104		6,900,577
Retractable Technologies, Inc. (a)	5,248		5,169
Rochester Medical Corp. (a)	2,100		30,996
Rockwell Medical Technologies, Inc. (a)(d)	7,369		32,497
RTI Biologics, Inc. (a)	29,474		106,991
Sirona Dental Systems, Inc. (a)	48,806		3,466,202
Solta Medical, Inc. (a)	40,698		92,791
St. Jude Medical, Inc. (d)	284,901		11,680,941
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Staar Surgical Co. (a)	15,788		$ 85,097
Stereotaxis, Inc. (a)(d)	2,453		5,348
Steris Corp. (d)	82,536		3,218,904
Stryker Corp.	269,553		17,219,046
SurModics, Inc. (a)	19,525		495,154
Symmetry Medical, Inc. (a)	29,367		306,298
Synergetics USA, Inc. (a)	3,622		19,269
Teleflex, Inc.	35,045		2,802,198
The Cooper Companies, Inc.	42,920		4,552,095
The Spectranetics Corp. (a)(d)	29,169		529,417
Theragenics Corp. (a)	22,546		36,750
ThermoGenesis Corp. (a)(d)	15,844		14,260
Thoratec Corp. (a)	57,172		2,013,026
TranS1, Inc. (a)	5,200		11,388
Unilife Corp. (a)(d)	50,575		126,943
Urologix, Inc. (a)	3,267		2,189
Uroplasty, Inc. (a)	1,597		3,897
Varian Medical Systems, Inc. (a)(d)	101,219		7,149,098
Vascular Solutions, Inc. (a)	2,125		32,258
Vermillion, Inc. (a)	5,249		6,404
Volcano Corp. (a)(d)	46,394		1,003,966
West Pharmaceutical Services, Inc.	28,551		1,725,051
Wright Medical Group, Inc. (a)(d)	29,686		690,199
Zeltiq Aesthetics, Inc. (a)(d)	6,038		24,333
Zimmer Holdings, Inc.	161,495		12,105,665
			347,888,867
Health Care Providers & Services - 2.0%
Acadia Healthcare Co., Inc. (a)(d)	30,637		833,939
Accretive Health, Inc. (a)(d)	42,994		411,883
Aetna, Inc.	311,680		14,708,179
Air Methods Corp. (d)	37,158		1,664,307
Alliance Healthcare Services, Inc. (a)	17,141		120,673
Almost Family, Inc.	9,932		204,500
Amedisys, Inc. (a)(d)	20,047		226,531
AmerisourceBergen Corp.	235,018		11,092,850
AMN Healthcare Services, Inc. (a)(d)	76,320		1,076,112
AmSurg Corp. (a)	25,500		770,100
Assisted Living Concepts, Inc. Class A	16,849		199,492
Bio-Reference Laboratories, Inc. (a)(d)	31,917		845,162
BioScrip, Inc. (a)	41,738		457,031
Brookdale Senior Living, Inc. (a)	93,728		2,594,391
Capital Senior Living Corp. (a)	26,619		612,237
Cardinal Health, Inc.	310,473		14,346,957
CardioNet, Inc. (a)	34,161		85,061
Centene Corp. (a)	49,035		2,207,556
Chemed Corp.	14,268		1,101,347
Chindex International, Inc. (a)(d)	9,187		100,598
CIGNA Corp.	263,345		15,395,149
Community Health Systems, Inc.	114,654		4,845,278
Corvel Corp. (a)	8,848		425,058

	Shares		Value
Coventry Health Care, Inc.	124,996		$ 5,669,819
Cross Country Healthcare, Inc. (a)	40,427		230,434
DaVita, Inc. (a)	77,571		9,279,043
Emeritus Corp. (a)	31,438		895,669
ExamWorks Group, Inc. (a)(d)	20,990		297,218
Express Scripts Holding Co. (a)	763,329		43,441,053
Five Star Quality Care, Inc. (a)(d)	32,241		204,408
Gentiva Health Services, Inc. (a)	24,132		253,869
Hanger, Inc. (a)	27,160		805,566
HCA Holdings, Inc.	227,570		8,440,571
Health Management Associates, Inc. Class A (a)(d)	222,836		2,448,968
Health Net, Inc. (a)	71,306		1,835,416
HealthSouth Corp. (a)(d)	85,304		2,057,532
Healthways, Inc. (a)	33,821		434,600
Henry Schein, Inc. (a)(d)	78,240		6,980,573
HMS Holdings Corp. (a)(d)	81,690		2,368,193
Hooper Holmes, Inc. (a)	6,267		3,127
Humana, Inc.	145,992		9,965,414
IPC The Hospitalist Co., Inc. (a)(d)	20,567		857,644
Kindred Healthcare, Inc. (a)(d)	37,371		421,171
Laboratory Corp. of America Holdings (a)	96,901		8,585,429
Landauer, Inc.	14,935		876,834
LCA-Vision, Inc. (a)	27,238		78,718
LHC Group, Inc. (a)	12,810		260,299
LifePoint Hospitals, Inc. (a)	49,772		2,194,447
Magellan Health Services, Inc. (a)	25,186		1,298,590
McKesson Corp.	217,757		23,110,550
MEDNAX, Inc. (a)(d)	44,058		3,772,246
Molina Healthcare, Inc. (a)	24,412		778,987
MWI Veterinary Supply, Inc. (a)	13,354		1,686,076
National Healthcare Corp.	6,159		285,593
National Research Corp.	320		18,202
NeoStem, Inc. (a)(d)	112,699		68,239
Omnicare, Inc.	104,008		3,875,338
Owens & Minor, Inc. (d)	59,970		1,826,087
Patterson Companies, Inc.	78,096		2,838,009
PDI, Inc. (a)(d)	1,365		9,965
PharMerica Corp. (a)(d)	29,176		418,092
Providence Service Corp. (a)	13,245		226,225
Quest Diagnostics, Inc.	146,597		8,234,353
RadNet, Inc. (a)(d)	27,076		76,625
Select Medical Holdings Corp.	37,877		349,983
Sharps Compliance Corp. (a)	5,184		15,137
Skilled Healthcare Group, Inc. (a)(d)	27,157		158,054
Team Health Holdings, Inc. (a)	31,431		1,052,624
Tenet Healthcare Corp. (a)	99,732		3,920,465
The Ensign Group, Inc.	8,656		271,106
Triple-S Management Corp. (a)	20,220		363,151
U.S. Physical Therapy, Inc.	11,240		276,729
UnitedHealth Group, Inc.	956,152		51,106,324
Universal American Spin Corp. (d)	33,569		279,965
Universal Health Services, Inc. Class B	83,733		4,847,303
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Providers & Services - continued
Vanguard Health Systems, Inc. (a)	30,455		$ 452,866
VCA Antech, Inc. (a)(d)	74,767		1,641,883
Wellcare Health Plans, Inc. (a)	41,317		2,362,919
WellPoint, Inc.	291,689		18,137,222
			316,969,314
Health Care Technology - 0.1%
Allscripts Healthcare Solutions, Inc. (a)	157,560		2,004,163
athenahealth, Inc. (a)(d)	32,907		3,086,348
Authentidate Holding Corp. (a)	816		561
Cerner Corp. (a)(d)	135,411		11,843,046
CollabRx, Inc. (a)	87		297
Computer Programs & Systems, Inc. (d)	21,937		1,143,795
Epocrates, Inc. (a)	10,933		128,463
Greenway Medical Technologies (d)	5,301		84,021
HealthStream, Inc. (a)(d)	34,016		727,602
MedAssets, Inc. (a)	39,701		733,277
Medidata Solutions, Inc. (a)	26,465		1,379,356
Merge Healthcare, Inc. (a)(d)	37,852		92,737
Omnicell, Inc. (a)	25,141		453,041
Quality Systems, Inc.	52,869		979,134
Vocera Communications, Inc. (d)	5,171		136,359
			22,792,200
Life Sciences Tools & Services - 0.6%
Accelerate Diagnostics, Inc. (a)	8,536		44,814
Affymetrix, Inc. (a)(d)	55,779		227,021
Agilent Technologies, Inc.	320,533		13,295,709
Albany Molecular Research, Inc. (a)	23,897		193,088
Apricus Biosciences, Inc. (a)(d)	18,211		48,623
BG Medicine, Inc. (a)	3,134		5,390
Bio-Rad Laboratories, Inc. Class A (a)	19,230		2,369,136
Bruker BioSciences Corp. (a)	80,763		1,416,583
Cambrex Corp. (a)	18,522		213,188
Charles River Laboratories International, Inc. (a)	42,610		1,735,931
Complete Genomics, Inc. (a)	13,147		41,150
Covance, Inc. (a)(d)	51,822		3,450,827
Enzo Biochem, Inc. (a)	14,697		44,091
Fluidigm Corp. (a)(d)	18,074		311,957
Furiex Pharmaceuticals, Inc. (a)	9,211		341,360
Harvard Bioscience, Inc. (a)	675		3,881
Illumina, Inc. (a)(d)	126,010		6,316,881
Life Technologies Corp. (a)	158,332		9,203,839
Luminex Corp. (a)(d)	39,871		673,022
Mettler-Toledo International, Inc. (a)(d)	30,026		6,389,533
Pacific Biosciences of California, Inc. (a)	28,978		66,649
PAREXEL International Corp. (a)(d)	52,568		1,823,584
PerkinElmer, Inc.	100,729		3,441,910
pSivida Corp. (a)	25,265		54,320
Sequenom, Inc. (a)(d)	91,772		377,183
Strategic Diagnostics, Inc. (a)	2,665		2,825

	Shares		Value
Techne Corp.	35,747		$ 2,430,439
Thermo Fisher Scientific, Inc.	337,779		24,928,090
Waters Corp. (a)	81,803		7,584,774
			87,035,798
Pharmaceuticals - 4.9%
AbbVie, Inc.	1,484,571		54,810,361
Actavis, Inc. (a)	117,843		10,035,510
Acura Pharmaceuticals, Inc. (a)(d)	2,885		5,943
Akorn, Inc. (a)(d)	58,979		813,910
Alexza Pharmaceuticals, Inc. (a)(d)	13,886		61,515
Alimera Sciences, Inc. (a)	3,741		11,223
Allergan, Inc.	290,720		31,519,862
Ampio Pharmaceuticals, Inc. (a)(d)	26,020		100,958
Auxilium Pharmaceuticals, Inc. (a)(d)	37,784		644,217
AVANIR Pharmaceuticals Class A (a)(d)	100,270		273,737
Biodel, Inc. (a)(d)	8,109		22,138
Biodelivery Sciences International, Inc. (a)	15,298		57,673
BioSante Pharmaceuticals, Inc. (a)(d)	21,445		28,093
Bristol-Myers Squibb Co.	1,544,466		57,098,908
Cadence Pharmaceuticals, Inc. (a)(d)	43,831		214,772
Cempra, Inc.	9,089		59,260
Columbia Laboratories, Inc. (a)(d)	42,578		26,279
Corcept Therapeutics, Inc. (a)(d)	36,105		58,851
Cornerstone Therapeutics, Inc. (a)	11,437		76,285
Cumberland Pharmaceuticals, Inc. (a)(d)	7,158		31,352
DepoMed, Inc. (a)(d)	31,971		206,852
Durect Corp. (a)	121,504		136,084
Echo Therapeutics, Inc. (a)(d)	20,093		15,070
Eli Lilly & Co.	956,322		52,272,561
Endo Health Solutions, Inc. (a)	113,364		3,514,284
Endocyte, Inc. (a)(d)	47,373		457,149
Forest Laboratories, Inc. (a)	228,644		8,414,099
Hi-Tech Pharmacal Co., Inc. (d)	12,868		476,245
Horizon Pharma, Inc. (d)	37,555		79,241
Hospira, Inc. (a)	171,244		5,039,711
Impax Laboratories, Inc. (a)	57,998		1,150,100
Jazz Pharmaceuticals PLC (a)(d)	45,062		2,621,707
Johnson & Johnson	2,593,486		197,390,219
Lannett Co., Inc. (a)	27,670		228,554
MAP Pharmaceuticals, Inc. (a)(d)	25,044		626,100
Merck & Co., Inc.	2,849,519		121,759,947
Mylan, Inc. (a)	369,805		10,949,926
Nektar Therapeutics (a)(d)	110,915		1,028,182
NuPathe, Inc. (a)(d)	18,258		59,704
Obagi Medical Products, Inc. (a)	21,864		294,727
Omeros Corp. (a)(d)	20,009		108,649
Optimer Pharmaceuticals, Inc. (a)(d)	39,316		476,510
Pacira Pharmaceuticals, Inc. (a)(d)	42,514		929,356
Pain Therapeutics, Inc.	34,536		101,190
Pernix Therapeutics Holdings, Inc. (a)(d)	5,833		34,765
Perrigo Co.	81,693		9,245,197
Pfizer, Inc.	6,900,227		188,859,213
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Pharmaceuticals - continued
Pozen, Inc. (a)(d)	23,223		$ 143,750
Questcor Pharmaceuticals, Inc. (d)	59,227		1,930,800
Repros Therapeutics, Inc. (a)(d)	14,128		166,004
Sagent Pharmaceuticals, Inc. (a)(d)	10,801		177,136
Salix Pharmaceuticals Ltd. (a)	48,250		2,357,013
Santarus, Inc. (a)(d)	38,184		506,702
SciClone Pharmaceuticals, Inc. (a)(d)	46,113		219,498
Somaxon Pharmaceuticals, Inc. (a)(d)	6,532		18,551
Sucampo Pharmaceuticals, Inc. Class A (a)	10,506		53,686
Supernus Pharmaceuticals, Inc. (a)(d)	9,151		70,097
The Medicines Company (a)	52,840		1,680,840
Transcept Pharmaceuticals, Inc. (a)	2,494		14,465
Ventrus Biosciences, Inc. (a)(d)	6,995		21,405
ViroPharma, Inc. (a)(d)	60,392		1,506,176
VIVUS, Inc. (a)(d)	111,051		1,190,467
Warner Chilcott PLC (d)	165,178		2,231,555
XenoPort, Inc. (a)(d)	57,569		439,827
Zoetis, Inc. Class A	82,000		2,742,900
Zogenix, Inc. (a)(d)	43,460		81,270
			777,978,331
TOTAL HEALTH CARE			1,871,399,851
INDUSTRIALS - 11.1%
Aerospace & Defense - 2.1%
AAR Corp.	45,448		798,521
AeroVironment, Inc. (a)(d)	13,243		292,935
Alliant Techsystems, Inc.	27,998		1,842,268
American Science & Engineering, Inc.	13,204		825,778
API Technologies Corp. (a)(d)	22,349		58,554
Ascent Solar Technologies, Inc. (a)(d)	33,082		21,503
Astronics Corp. (a)	6,636		182,822
Astrotech Corp. (a)	8,707		7,227
BE Aerospace, Inc. (a)	98,215		5,167,091
Breeze Industrial Products Corp. (a)	1,281		10,440
CPI Aerostructures, Inc. (a)	3,805		33,865
Cubic Corp.	13,440		560,986
Curtiss-Wright Corp.	45,438		1,577,153
DigitalGlobe, Inc. (a)	70,420		1,836,554
Ducommun, Inc. (a)	15,643		242,467
EDAC Technologies Corp. (a)(d)	4,274		65,392
Engility Holdings, Inc. (a)(d)	14,341		270,615
Esterline Technologies Corp. (a)	30,025		2,069,623
Exelis, Inc.	193,690		1,998,881
GenCorp, Inc. (non-vtg.) (a)(d)	89,447		1,077,836
General Dynamics Corp.	313,129		21,283,378
HEICO Corp. Class A	36,331		1,209,822
Hexcel Corp. (a)	86,216		2,349,386

	Shares		Value
Honeywell International, Inc.	732,334		$ 51,336,613
Huntington Ingalls Industries, Inc.	51,071		2,453,451
Innovative Solutions & Support, Inc.	21,878		100,201
KEYW Holding Corp. (a)(d)	21,302		308,879
Kratos Defense & Security Solutions, Inc. (a)(d)	44,930		190,054
L-3 Communications Holdings, Inc.	86,081		6,565,398
LMI Aerospace, Inc. (a)	6,877		152,326
Lockheed Martin Corp.	249,444		21,951,072
Moog, Inc. Class A (a)(d)	37,679		1,694,048
National Presto Industries, Inc. (d)	4,216		320,374
Northrop Grumman Corp.	225,796		14,830,281
Orbital Sciences Corp. (a)	40,989		605,817
Precision Castparts Corp.	137,053		25,572,719
Raytheon Co.	310,361		16,936,400
Rockwell Collins, Inc. (d)	124,488		7,482,974
SIFCO Industries, Inc.	891		14,292
Sparton Corp. (a)	3,920		56,213
Spirit AeroSystems Holdings, Inc. Class A (a)	98,651		1,717,514
Sypris Solutions, Inc.	16,848		69,751
Taser International, Inc. (a)	58,908		438,865
Teledyne Technologies, Inc. (a)	29,878		2,198,423
Textron, Inc.	260,495		7,515,281
The Boeing Co.	634,274		48,775,671
TransDigm Group, Inc.	48,745		6,938,363
Triumph Group, Inc.	48,645		3,571,029
United Technologies Corp.	787,352		71,294,724
			336,873,830
Air Freight & Logistics - 0.7%
Air Transport Services Group, Inc. (a)(d)	108,399		598,362
Atlas Air Worldwide Holdings, Inc. (a)	36,312		1,713,563
C.H. Robinson Worldwide, Inc.	150,495		8,581,225
Echo Global Logistics, Inc. (a)	11,731		218,783
Expeditors International of Washington, Inc.	197,701		7,680,684
FedEx Corp.	272,333		28,712,068
Forward Air Corp.	28,163		1,062,308
Hub Group, Inc. Class A (a)(d)	34,129		1,287,687
Pacer International, Inc. (a)(d)	29,688		123,205
Park-Ohio Holdings Corp. (a)	3,535		71,902
Radiant Logistics, Inc. (a)(d)	14,104		30,465
United Parcel Service, Inc. Class B	666,512		55,087,217
UTI Worldwide, Inc.	92,577		1,409,948
XPO Logistics, Inc. (a)(d)	10,264		178,799
			106,756,216
Airlines - 0.2%
Alaska Air Group, Inc. (a)	59,510		3,067,741
Allegiant Travel Co.	24,598		1,974,973
Delta Air Lines, Inc. (a)	772,651		11,025,730
Hawaiian Holdings, Inc. (a)(d)	71,807		406,428
JetBlue Airways Corp. (a)(d)	168,034		1,018,286
Republic Airways Holdings, Inc. (a)	81,894		770,623
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Airlines - continued
SkyWest, Inc.	63,299		$ 886,186
Southwest Airlines Co.	643,054		7,523,732
Spirit Airlines, Inc. (a)	46,648		944,622
United Continental Holdings, Inc. (a)(d)	301,593		8,055,549
US Airways Group, Inc. (a)(d)	143,221		1,923,458
			37,597,328
Building Products - 0.2%
A.O. Smith Corp. (d)	36,923		2,641,102
AAON, Inc.	33,674		810,196
Ameresco, Inc. Class A (a)(d)	38,199		317,434
American Woodmark Corp. (a)	9,343		299,910
Apogee Enterprises, Inc.	33,247		857,440
Armstrong World Industries, Inc. (d)	15,342		784,436
Builders FirstSource, Inc. (a)(d)	54,285		328,424
Fortune Brands Home & Security, Inc. (a)	151,004		5,217,188
Gibraltar Industries, Inc. (a)	56,316		965,819
Griffon Corp.	38,833		437,648
Insteel Industries, Inc.	16,775		266,555
Lennox International, Inc.	38,428		2,269,942
Masco Corp.	332,269		6,399,501
NCI Building Systems, Inc. (a)	16,002		261,633
Nortek, Inc. (a)	12,474		897,380
Owens Corning (a)(d)	130,235		5,054,420
Patrick Industries, Inc. (a)(d)	7,747		102,725
Quanex Building Products Corp.	24,300		483,813
Simpson Manufacturing Co. Ltd. (d)	40,648		1,182,857
Trex Co., Inc. (a)(d)	11,686		552,047
Universal Forest Products, Inc. (d)	26,737		1,084,987
USG Corp. (a)(d)	77,759		2,194,359
			33,409,816
Commercial Services & Supplies - 0.8%
A.T. Cross Co. Class A (a)	3,868		47,228
ABM Industries, Inc.	41,566		943,548
ACCO Brands Corp. (d)	120,265		901,988
Acorn Energy, Inc. (d)	12,727		82,853
ADT Corp. (d)	214,104		10,253,441
ARC Document Solutions, Inc. (a)	46,203		103,957
Avery Dennison Corp.	106,008		4,330,427
Casella Waste Systems, Inc. Class A (a)(d)	64,851		303,503
CECO Environmental Corp.	2,290		24,732
Cenveo, Inc. (a)(d)	104,135		218,684
Cintas Corp.	89,845		3,944,196
Clean Harbors, Inc. (a)(d)	47,498		2,446,147
Consolidated Graphics, Inc. (a)(d)	14,819		572,013
Copart, Inc. (a)	124,595		4,253,673
Corrections Corp. of America	88,360		3,388,606
Courier Corp.	17,378		218,094
Covanta Holding Corp. (d)	125,817		2,460,981
Deluxe Corp. (d)	54,408		2,158,909

	Shares		Value
EnergySolutions, Inc. (a)	165,491		$ 615,627
EnerNOC, Inc. (a)(d)	25,460		419,835
Ennis, Inc.	21,290		333,401
Fuel Tech, Inc. (a)	51,934		230,068
G&K Services, Inc. Class A	16,380		682,555
Healthcare Services Group, Inc. (d)	52,919		1,275,348
Heritage-Crystal Clean, Inc. (a)(d)	7,679		113,265
Herman Miller, Inc.	49,763		1,194,312
HNI Corp. (d)	49,416		1,559,569
Hudson Technologies, Inc. (a)(d)	5,394		23,464
Industrial Services of America, Inc. (a)(d)	1,620		4,860
InnerWorkings, Inc. (a)(d)	28,532		421,418
Interface, Inc.	44,100		807,471
Intersections, Inc.	12,865		134,954
Iron Mountain, Inc.	183,385		6,326,783
KAR Auction Services, Inc.	83,381		1,769,345
Kimball International, Inc. Class B	16,142		148,668
Knoll, Inc.	32,235		548,640
McGrath RentCorp.	17,562		517,903
Metalico, Inc. (a)(d)	55,605		91,192
Mine Safety Appliances Co.	26,951		1,262,654
Mobile Mini, Inc. (a)(d)	36,488		982,257
Multi-Color Corp.	7,946		191,737
NL Industries, Inc.	6,707		85,850
Performant Financial Corp. (d)	11,395		150,984
Perma-Fix Environmental Services, Inc. (a)	34,689		31,567
Pitney Bowes, Inc. (d)	187,772		2,459,813
Quad/Graphics, Inc. (d)	22,071		480,044
R.R. Donnelley & Sons Co. (d)	150,758		1,573,914
Republic Services, Inc.	279,496		8,787,354
Rollins, Inc.	69,664		1,707,465
Schawk, Inc. Class A	4,209		45,289
Standard Parking Corp. (a)	5,698		118,262
Standard Register Co.	19,851		10,521
Steelcase, Inc. Class A	74,937		1,060,359
Stericycle, Inc. (a)	80,780		7,748,418
Swisher Hygiene, Inc. (Canada) (a)(d)	144,744		204,089
Team, Inc. (a)	18,138		795,533
Tetra Tech, Inc. (a)	56,334		1,625,799
The Brink's Co.	40,696		1,076,409
TMS International Corp. (a)	14,898		205,294
TRC Companies, Inc. (a)	13,255		85,362
Tyco International Ltd.	436,716		13,979,279
Unifirst Corp. Massachusetts	12,480		1,042,579
United Stationers, Inc.	31,409		1,137,006
US Ecology, Inc.	25,366		630,852
Viad Corp.	19,833		544,614
Virco Manufacturing Co. (a)	2,682		7,000
Waste Connections, Inc.	109,931		3,760,740
Waste Management, Inc.	396,275		14,788,983
			120,451,685
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Construction & Engineering - 0.3%
AECOM Technology Corp. (a)(d)	100,199		$ 3,037,032
Aegion Corp. (a)(d)	34,101		819,447
Argan, Inc.	7,465		124,889
Comfort Systems USA, Inc.	43,738		545,850
Dycom Industries, Inc. (a)	25,959		543,841
EMCOR Group, Inc.	58,224		2,245,700
Fluor Corp.	155,989		9,655,719
Foster Wheeler AG (a)	92,101		2,215,950
Furmanite Corp. (a)	35,767		213,529
Goldfield Corp. (d)	22,426		83,873
Granite Construction, Inc.	31,641		983,719
Great Lakes Dredge & Dock Corp.	39,072		380,952
Integrated Electrical Services, Inc. (a)	13,442		77,964
Jacobs Engineering Group, Inc. (a)	112,424		5,490,788
KBR, Inc.	139,890		4,251,257
Layne Christensen Co. (a)(d)	15,356		337,678
MasTec, Inc. (a)(d)	50,211		1,510,849
Michael Baker Corp.	6,265		151,864
MYR Group, Inc. (a)	25,270		586,517
Northwest Pipe Co. (a)	12,188		291,049
Orion Marine Group, Inc. (a)(d)	15,813		150,540
Pike Electric Corp.	14,023		195,481
Primoris Services Corp.	27,169		509,419
Quanta Services, Inc. (a)	201,419		5,720,300
Sterling Construction Co., Inc. (a)	31,847		359,871
Tutor Perini Corp. (a)	37,087		630,850
UniTek Global Services, Inc. (a)	18,062		63,578
URS Corp.	82,388		3,481,717
			44,660,223
Electrical Equipment - 0.8%
Active Power, Inc. (a)(d)	10,523		48,090
Acuity Brands, Inc. (d)	38,677		2,635,064
Allied Motion Technologies, Inc.	4,209		29,463
Altair Nanotechnologies, Inc. (a)(d)	10,605		21,846
American Superconductor Corp. (a)(d)	126,771		366,368
AMETEK, Inc.	227,538		9,517,915
AZZ, Inc.	24,628		1,099,886
Babcock & Wilcox Co.	118,199		3,193,737
Belden, Inc.	39,680		1,998,285
Brady Corp. Class A	43,963		1,496,940
Broadwind Energy, Inc. (a)	15,938		53,711
Capstone Turbine Corp. (a)(d)	814,128		789,704
Coleman Cable, Inc.	5,164		51,175
Eaton Corp. PLC	428,520		26,555,384
Emerson Electric Co.	674,974		38,271,026
Encore Wire Corp.	23,059		753,799
EnerSys (a)	39,836		1,628,496
Enphase Energy, Inc. (d)	8,807		43,419
Espey Manufacturing & Electronics Corp.	2,015		51,987
Franklin Electric Co., Inc. (d)	17,393		1,131,763
FuelCell Energy, Inc. (a)	246,058		260,821

	Shares		Value
Generac Holdings, Inc. (d)	30,944		$ 1,066,021
General Cable Corp. (a)(d)	39,737		1,308,937
Global Power Equipment Group, Inc.	10,454		175,418
GrafTech International Ltd. (a)(d)	132,891		982,064
Hubbell, Inc. Class B	49,454		4,594,771
II-VI, Inc. (a)(d)	46,725		809,744
LSI Industries, Inc.	24,011		165,436
MagneTek, Inc. (a)	2,664		33,300
Ocean Power Technologies, Inc. (a)(d)	11,040		21,749
Plug Power, Inc. (a)(d)	38,179		6,490
Polypore International, Inc. (a)(d)	41,032		1,570,705
Powell Industries, Inc. (a)	7,721		449,439
PowerSecure International, Inc. (a)	20,869		176,343
Preformed Line Products Co.	1,961		138,878
Regal-Beloit Corp.	40,174		3,104,647
Revolution Lighting Technologies, Inc. (a)	1,806		1,860
Rockwell Automation, Inc.	127,826		11,547,801
Roper Industries, Inc.	90,096		11,226,863
SL Industries, Inc.	3,648		69,093
SolarCity Corp. (d)	12,947		234,470
Thermon Group Holdings, Inc. (a)	10,097		206,989
Ultralife Corp. (a)	13,410		50,958
Vicor Corp. (a)	10,982		57,985
			127,998,840
Industrial Conglomerates - 2.1%
3M Co.	597,243		62,113,272
Carlisle Companies, Inc.	55,830		3,789,182
Danaher Corp.	547,005		33,695,508
General Electric Co.	9,822,809		228,085,625
Raven Industries, Inc. (d)	30,000		846,900
Seaboard Corp.	366		1,044,194
			329,574,681
Machinery - 2.3%
Accuride Corp. (a)(d)	79,004		319,966
Actuant Corp. Class A (d)	71,032		2,160,083
Adept Technology, Inc. (a)	2,954		8,803
AGCO Corp.	85,338		4,393,200
Alamo Group, Inc.	17,898		640,390
Albany International Corp. Class A	47,080		1,344,605
Altra Holdings, Inc.	19,022		489,626
American Railcar Industries, Inc.	11,797		514,821
Ampco-Pittsburgh Corp.	10,414		194,846
Astec Industries, Inc. (d)	12,338		439,356
Barnes Group, Inc.	47,337		1,259,638
Blount International, Inc. (a)	31,486		474,494
Briggs & Stratton Corp.	42,488		1,039,256
Cascade Corp.	13,797		886,457
Caterpillar, Inc.	608,193		56,178,787
Chart Industries, Inc. (a)(d)	27,582		2,001,350
CIRCOR International, Inc.	13,068		544,674
CLARCOR, Inc. (d)	46,115		2,351,404
Colfax Corp. (a)(d)	64,640		2,805,376
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Machinery - continued
Columbus McKinnon Corp. (NY Shares) (a)	26,972		$ 529,191
Commercial Vehicle Group, Inc. (a)	77,079		608,924
Crane Co.	41,480		2,230,794
Cummins, Inc.	162,557		18,835,480
Deere & Co.	362,253		31,816,681
Donaldson Co., Inc.	119,915		4,320,537
Douglas Dynamics, Inc.	29,195		415,153
Dover Corp.	166,240		12,193,704
Dynamic Materials Corp.	17,783		300,533
Eastern Co.	2,354		39,147
Energy Recovery, Inc. (a)(d)	81,715		402,038
EnPro Industries, Inc. (a)(d)	22,235		1,034,595
ESCO Technologies, Inc.	20,247		821,218
ExOne Co. (d)	5,200		141,388
Federal Signal Corp. (a)	80,990		631,722
Flow International Corp. (a)	66,905		248,218
Flowserve Corp.	44,479		7,138,880
FreightCar America, Inc.	19,411		408,213
Gardner Denver, Inc.	45,246		3,212,014
Gencor Industries, Inc. (a)	1,849		13,239
Gorman-Rupp Co. (d)	14,200		409,528
Graco, Inc.	51,140		2,971,234
Graham Corp.	12,124		282,368
Greenbrier Companies, Inc. (a)(d)	21,771		440,863
Hardinge, Inc.	12,474		163,160
Harsco Corp.	75,085		1,800,538
Hurco Companies, Inc. (a)	3,319		93,330
Hyster-Yale Materials Handling Class A	12,438		637,199
IDEX Corp.	74,036		3,770,653
Illinois Tool Works, Inc.	397,863		24,468,575
Ingersoll-Rand PLC	283,533		14,928,012
ITT Corp.	114,023		3,002,226
John Bean Technologies Corp.	23,559		434,192
Joy Global, Inc.	99,017		6,271,737
Kadant, Inc.	18,429		452,432
Kaydon Corp.	29,963		749,375
Kennametal, Inc. (d)	67,614		2,737,015
L.B. Foster Co. Class A	10,636		469,686
Lincoln Electric Holdings, Inc.	88,988		4,987,777
Lindsay Corp.	10,287		879,024
Lydall, Inc. (a)	9,770		147,136
Manitex International, Inc. (a)(d)	6,745		64,617
Manitowoc Co., Inc. (d)	113,567		2,103,261
Meritor, Inc. (a)	87,590		385,396
Met-Pro Corp.	10,211		100,680
Middleby Corp. (a)(d)	16,713		2,495,418
Miller Industries, Inc.	16,197		257,856
Mueller Industries, Inc.	25,011		1,330,085
Mueller Water Products, Inc. Class A	130,935		735,855
Navistar International Corp. (a)(d)	71,306		1,770,528

	Shares		Value
NN, Inc. (a)(d)	12,121		$ 104,968
Nordson Corp.	52,385		3,321,209
Omega Flex, Inc.	258		3,594
Oshkosh Truck Corp. (a)	84,157		3,245,094
PACCAR, Inc.	331,975		15,745,574
Pall Corp.	103,105		7,029,699
Parker Hannifin Corp.	138,351		13,071,402
Pentair Ltd.	196,121		10,447,366
PMFG, Inc. (a)(d)	15,367		104,035
Proto Labs, Inc.	7,469		347,234
RBC Bearings, Inc. (a)(d)	21,831		1,088,057
Rexnord Corp.	31,453		640,698
Sauer-Danfoss, Inc.	13,027		705,021
Snap-On, Inc.	55,924		4,489,019
SPX Corp.	46,613		3,752,813
Standex International Corp. (d)	10,804		581,471
Stanley Black & Decker, Inc.	155,097		12,206,134
Sun Hydraulics Corp.	19,343		539,476
Tecumseh Products Co. Class A (non-vtg.) (a)	29,489		267,170
Tennant Co.	13,999		653,333
Terex Corp. (a)(d)	97,076		3,185,064
Timken Co.	75,024		4,075,304
Titan International, Inc. (d)	42,501		897,196
Toro Co.	58,344		2,631,314
TriMas Corp. (a)(d)	46,817		1,343,180
Trinity Industries, Inc. (d)	70,615		3,053,393
Twin Disc, Inc. (d)	7,177		171,530
Valmont Industries, Inc.	23,843		3,756,465
Wabash National Corp. (a)(d)	74,589		711,579
WABCO Holdings, Inc. (a)	59,750		4,106,020
Wabtec Corp.	49,289		4,819,971
Watts Water Technologies, Inc. Class A	38,674		1,815,358
Woodward, Inc.	51,161		1,914,956
Xylem, Inc.	189,589		5,213,698
			358,766,952
Marine - 0.0%
Baltic Trading Ltd.	21,117		77,711
Eagle Bulk Shipping, Inc. (a)(d)	19,099		37,052
Genco Shipping & Trading Ltd. (a)(d)	76,288		196,060
International Shipholding Corp.	10,420		190,790
Kirby Corp. (a)(d)	49,913		3,792,390
Matson, Inc. (d)	37,893		974,229
			5,268,232
Professional Services - 0.4%
Acacia Research Corp. (a)(d)	43,794		1,224,480
Advisory Board Co. (a)(d)	32,138		1,632,932
Barrett Business Services, Inc.	6,681		291,826
CBIZ, Inc. (a)(d)	37,390		237,800
CDI Corp.	9,649		158,823
Corporate Executive Board Co.	29,612		1,603,194
CRA International, Inc. (a)(d)	15,589		344,673
CTPartners Executive Search, Inc. (a)	859		3,221
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Professional Services - continued
Dolan Co. (a)	21,177		$ 61,625
Dun & Bradstreet Corp.	40,399		3,256,159
Equifax, Inc.	112,378		6,194,275
Exponent, Inc.	15,525		780,442
Franklin Covey Co. (a)	5,338		73,771
FTI Consulting, Inc. (a)(d)	68,234		2,370,449
GP Strategies Corp. (a)	10,677		230,516
Heidrick & Struggles International, Inc.	22,259		302,722
Hill International, Inc. (a)	13,945		47,552
Hudson Global, Inc. (a)(d)	13,947		51,325
Huron Consulting Group, Inc. (a)	20,793		814,878
ICF International, Inc. (a)	17,107		423,227
IHS, Inc. Class A (a)	51,981		5,522,981
Insperity, Inc.	15,769		447,051
Kelly Services, Inc. Class A (non-vtg.)	19,294		340,732
Kforce, Inc.	25,995		377,967
Korn/Ferry International (a)	33,723		624,213
Manpower, Inc.	75,166		4,104,064
Mastech Holdings, Inc.	299		2,240
MISTRAS Group, Inc. (a)	12,788		261,515
Navigant Consulting, Inc. (a)	41,733		531,261
Nielsen Holdings B.V.	152,740		5,145,811
Odyssey Marine Exploration, Inc. (a)(d)	46,227		161,795
On Assignment, Inc. (a)(d)	37,950		829,587
Pendrell Corp. (a)	126,539		180,951
RCM Technologies, Inc.	9,908		56,079
Resources Connection, Inc.	43,312		528,840
Robert Half International, Inc.	123,411		4,387,261
RPX Corp. (a)	14,564		172,583
Spherix, Inc. (a)	11		127
Towers Watson & Co.	58,151		3,871,112
TrueBlue, Inc. (a)	38,883		753,941
Verisk Analytics, Inc. (a)	135,085		7,905,174
VSE Corp.	1,834		42,017
WageWorks, Inc. (a)	8,340		196,907
			56,548,099
Road & Rail - 0.9%
AMERCO	7,919		1,193,472
Arkansas Best Corp.	18,872		217,783
Avis Budget Group, Inc. (a)(d)	100,640		2,351,957
Celadon Group, Inc. (d)	62,978		1,255,152
Con-way, Inc. (d)	51,304		1,803,336
Covenant Transport Group, Inc. Class A (a)	9,633		57,316
CSX Corp.	964,986		22,136,779
Genesee & Wyoming, Inc. Class A (a)(d)	38,299		3,428,526
Heartland Express, Inc. (d)	52,772		716,116
Hertz Global Holdings, Inc. (a)(d)	275,903		5,504,265
J.B. Hunt Transport Services, Inc. (d)	86,516		6,014,592
Kansas City Southern	103,087		10,614,868
Knight Transportation, Inc.	54,848		858,920

	Shares		Value
Landstar System, Inc. (d)	39,848		$ 2,243,044
Marten Transport Ltd.	20,799		430,539
Norfolk Southern Corp.	296,098		21,629,959
Old Dominion Freight Lines, Inc. (a)	69,360		2,493,492
Patriot Transportation Holding, Inc. (a)(d)	1,312		35,660
Providence & Worcester Railroad Co.	4,631		68,076
Quality Distribution, Inc. (a)(d)	25,189		198,741
Roadrunner Transportation Systems, Inc. (a)	12,158		276,959
Ryder System, Inc.	45,757		2,571,543
Saia, Inc. (a)	11,656		374,507
Swift Transporation Co. (a)(d)	69,603		941,729
Union Pacific Corp.	440,660		60,418,893
Universal Truckload Services, Inc.	4,618		84,232
USA Truck, Inc. (a)	1,841		9,095
Werner Enterprises, Inc. (d)	41,229		949,092
YRC Worldwide, Inc. (a)	6,129		37,571
Zipcar, Inc. (a)(d)	19,521		238,742
			149,154,956
Trading Companies & Distributors - 0.3%
Aceto Corp.	32,506		338,387
AeroCentury Corp. (a)	688		11,008
Air Lease Corp. Class A (d)	64,973		1,765,316
Aircastle Ltd.	55,209		743,665
Applied Industrial Technologies, Inc.	42,674		1,852,478
Beacon Roofing Supply, Inc. (a)(d)	44,417		1,638,987
BlueLinx Corp. (a)(d)	17,176		50,154
BlueLinx Corp. rights (a)	17,176		7,204
CAI International, Inc. (a)	7,670		211,692
DXP Enterprises, Inc. (a)	6,766		420,845
Edgen Group, Inc. Class A	19,685		157,874
Essex Rental Corp. (a)(d)	16,688		67,753
Fastenal Co. (d)	258,190		13,330,350
GATX Corp.	39,127		1,950,481
H&E Equipment Services, Inc. (d)	24,825		483,095
Houston Wire & Cable Co.	15,647		182,131
Kaman Corp.	21,079		735,657
Lawson Products, Inc.	4,764		67,839
MRC Global, Inc. (d)	21,717		667,146
MSC Industrial Direct Co., Inc. Class A (d)	40,442		3,450,511
Rush Enterprises, Inc. Class A (a)(d)	25,276		619,262
TAL International Group, Inc.	21,219		913,478
Textainer Group Holdings Ltd.	14,461		584,803
Titan Machinery, Inc. (a)(d)	17,235		486,889
United Rentals, Inc. (a)(d)	86,038		4,595,290
W.W. Grainger, Inc.	55,080		12,473,417
Watsco, Inc.	25,351		1,974,082
WESCO International, Inc. (a)(d)	40,702		3,007,878
Willis Lease Finance Corp. (a)(d)	2,006		30,110
			52,817,782
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Transportation Infrastructure - 0.0%
Wesco Aircraft Holdings, Inc. (a)(d)	18,229		$ 247,914
TOTAL INDUSTRIALS			1,760,126,554
INFORMATION TECHNOLOGY - 17.4%
Communications Equipment - 1.8%
Acme Packet, Inc. (a)	51,006		1,488,355
ADTRAN, Inc. (d)	58,980		1,317,613
Alliance Fiber Optic Products, Inc.	9,573		106,069
Ambient Corp. (a)(d)	1,932		5,216
Anaren, Inc. (a)	42,259		817,712
Arris Group, Inc. (a)	97,821		1,697,194
Aruba Networks, Inc. (a)(d)	102,880		2,563,770
Aviat Networks, Inc. (a)	66,605		237,114
Bel Fuse, Inc. Class B (non-vtg.)	7,032		117,153
Black Box Corp.	16,753		406,428
Blonder Tongue Laboratories, Inc. (a)(d)	3,352		4,257
Brocade Communications Systems, Inc. (a)	398,862		2,237,616
CalAmp Corp. (a)(d)	16,135		176,678
Calix Networks, Inc. (a)	25,252		216,410
Ciena Corp. (a)(d)	93,662		1,427,409
Cisco Systems, Inc.	4,969,682		103,617,870
Clearfield, Inc. (a)	2,407		13,311
Communications Systems, Inc.	4,311		46,128
Comtech Telecommunications Corp.	22,438		600,890
Digi International, Inc. (a)	21,456		211,556
EchoStar Holding Corp. Class A (a)	37,522		1,419,832
EMCORE Corp. (a)(d)	19,513		113,761
Emulex Corp. (a)	66,808		430,912
Entrada Networks, Inc. (a)	150		0
Extreme Networks, Inc. (a)(d)	100,558		351,953
F5 Networks, Inc. (a)	73,095		6,902,361
Finisar Corp. (a)(d)	89,294		1,308,157
Globecomm Systems, Inc. (a)	11,676		141,747
Harmonic, Inc. (a)	75,490		429,538
Harris Corp.	108,567		5,218,816
Infinera Corp. (a)(d)	140,398		911,183
InterDigital, Inc.	37,438		1,662,247
Ixia (a)(d)	51,889		1,052,309
JDS Uniphase Corp. (a)	221,471		3,136,029
Juniper Networks, Inc. (a)	485,897		10,048,350
KVH Industries, Inc. (a)	23,641		314,898
Lantronix, Inc. (a)	71		140
Loral Space & Communications Ltd.	10,995		640,349
Meru Networks, Inc. (a)(d)	20,865		93,267
Motorola Solutions, Inc.	260,084		16,179,826
NETGEAR, Inc. (a)(d)	32,032		1,090,690
NumereX Corp. Class A (a)	2,670		32,814
Oclaro, Inc. (a)(d)	64,648		85,982
Oplink Communications, Inc. (a)	15,273		234,593

	Shares		Value
Optical Cable Corp.	564		$ 2,279
Palo Alto Networks, Inc. (d)	31,394		1,919,115
Parkervision, Inc. (a)(d)	73,296		292,451
PC-Tel, Inc.	2,259		15,632
Performance Technologies, Inc. (a)	2,977		2,772
Plantronics, Inc.	39,954		1,612,543
Polycom, Inc. (a)	189,613		1,727,374
Procera Networks, Inc. (a)(d)	21,122		247,127
QUALCOMM, Inc.	1,595,884		104,737,867
Relm Wireless Corp. (a)	9,436		20,476
Riverbed Technology, Inc. (a)(d)	148,314		2,266,238
Ruckus Wireless, Inc. (d)	11,332		242,052
ShoreTel, Inc. (a)(d)	22,164		89,986
Sonus Networks, Inc. (a)(d)	223,825		548,371
Symmetricom, Inc. (a)	21,713		107,262
Tellabs, Inc. (d)	301,356		611,753
Telular Corp.	1,806		17,988
Tessco Technologies, Inc. (d)	3,361		76,530
Ubiquiti Networks, Inc. (d)	9,640		132,743
ViaSat, Inc. (a)(d)	35,696		1,676,284
Westell Technologies, Inc. Class A (a)	20,974		38,173
Zhone Technologies, Inc. (a)	5,862		5,217
Zoom Technologies, Inc. (a)(d)	31,336		22,562
			285,521,298
Computers & Peripherals - 3.5%
3D Systems Corp. (a)(d)	68,215		2,521,226
Apple, Inc.	881,441		389,068,007
Astro-Med, Inc.	4,606		45,461
Avid Technology, Inc. (a)(d)	34,710		240,540
Concurrent Computer Corp.	987		6,899
Cray, Inc. (a)	32,010		619,394
Crossroads Systems, Inc. (a)	9,071		14,514
Datalink Corp. (a)	9,248		95,994
Dataram Corp. (a)	3,336		1,134
Dell, Inc.	1,357,390		18,935,591
Diebold, Inc.	54,057		1,526,570
Dot Hill Systems Corp. (a)	109,713		142,627
Electronics for Imaging, Inc. (a)	55,580		1,281,675
EMC Corp. (a)	1,969,648		45,321,600
Fusion-io, Inc. (a)(d)	66,698		1,125,862
Hauppauge Digital, Inc. (a)	430		357
Hewlett-Packard Co.	1,843,592		37,129,943
Hutchinson Technology, Inc. (a)(d)	34,936		98,869
iGO, Inc. (a)	5,684		17,905
Imation Corp. (a)	19,750		67,348
Immersion Corp. (a)(d)	59,681		399,266
Intermec, Inc. (a)	37,733		373,557
Interphase Corp. (a)	10,718		23,472
Intevac, Inc. (a)	17,689		84,553
Lexmark International, Inc. Class A	60,869		1,340,335
NCR Corp. (a)	140,900		3,886,022
NetApp, Inc. (a)	339,363		11,480,650
Novatel Wireless, Inc. (a)	27,517		59,712
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Computers & Peripherals - continued
OCZ Technology Group, Inc. (a)(d)	56,538		$ 97,811
Overland Storage, Inc. (a)(d)	5,087		5,697
QLogic Corp. (a)	79,628		906,167
Quantum Corp. (a)(d)	189,992		239,390
Rimage Corp.	6,017		41,036
SanDisk Corp. (a)	222,462		11,209,860
Scan-Optics, Inc. (a)	300		0
Seagate Technology (d)	328,410		10,561,666
Silicon Graphics International Corp. (a)(d)	32,579		490,314
STEC, Inc. (a)(d)	29,627		142,802
Super Micro Computer, Inc. (a)(d)	26,807		313,642
Synaptics, Inc. (a)(d)	36,621		1,272,946
Transact Technologies, Inc.	3,411		26,947
USA Technologies, Inc. (a)(d)	38,549		94,445
Video Display Corp. (a)	2,957		11,059
Western Digital Corp.	205,688		9,700,246
Xplore Technologies Corp. (a)	2,067		7,524
			551,030,635
Electronic Equipment & Components - 0.7%
Advanced Photonix, Inc. Class A (a)	4,544		1,863
Aeroflex Holding Corp. (a)	11,165		103,276
Agilysys, Inc. (a)	38,149		351,352
Amphenol Corp. Class A	146,122		10,354,205
Anixter International, Inc. (d)	21,905		1,509,693
Arrow Electronics, Inc. (a)	128,186		5,146,668
Audience, Inc. (d)	4,453		60,739
Avnet, Inc. (a)	130,776		4,617,701
AVX Corp.	48,749		574,263
Badger Meter, Inc.	35,716		1,812,944
Benchmark Electronics, Inc. (a)	50,023		871,401
Checkpoint Systems, Inc. (a)	27,013		320,374
ClearSign Combustion Corp. (a)	2,567		13,066
Cognex Corp. (d)	54,520		2,245,679
Coherent, Inc.	20,405		1,178,593
Corning, Inc.	1,372,498		17,307,200
CTS Corp.	18,339		179,722
Daktronics, Inc.	32,196		328,721
Document Security Systems, Inc. (a)(d)	10,726		24,134
Dolby Laboratories, Inc. Class A (d)	41,734		1,330,480
DTS, Inc. (a)(d)	19,732		392,667
Echelon Corp. (a)	32,190		84,660
Electro Rent Corp.	12,184		197,137
Electro Scientific Industries, Inc.	21,640		238,256
eMagin Corp.	5,084		16,167
Fabrinet (a)	16,812		275,885
FARO Technologies, Inc. (a)(d)	18,648		789,743
FEI Co. (d)	32,449		2,055,320
FLIR Systems, Inc.	144,524		3,806,762
Frequency Electronics, Inc.	430		4,382
Giga-Tronics, Inc. (a)	2,579		4,204

	Shares		Value
I. D. Systems Inc. (a)	6,071		$ 38,308
Identive Group, Inc. (a)	106,182		153,964
IEC Electronics Corp. (a)	86		526
Ingram Micro, Inc. Class A (a)	145,788		2,749,562
Insight Enterprises, Inc. (a)	39,665		762,361
Intelli-Check, Inc. (a)	4,366		3,493
InvenSense, Inc. (a)	25,131		302,075
IPG Photonics Corp. (d)	26,878		1,593,597
Iteris, Inc. (a)	1,032		1,806
Itron, Inc. (a)(d)	38,500		1,619,695
Jabil Circuit, Inc.	179,742		3,366,568
KEMET Corp. (a)	26,217		169,624
KEY Tronic Corp. (a)(d)	4,226		44,922
LightPath Technologies, Inc. Class A (a)	376		305
Littelfuse, Inc.	21,280		1,408,098
LoJack Corp. (a)	24,621		73,863
LRAD Corp. (a)	56,581		65,634
Maxwell Technologies, Inc. (a)(d)	18,344		160,510
Measurement Specialties, Inc. (a)	15,282		555,042
Mercury Systems, Inc. (a)(d)	23,393		160,242
Mesa Laboratories, Inc.	2,184		115,883
Methode Electronics, Inc. Class A	27,713		363,317
MicroVision, Inc. (a)(d)	33,140		56,669
MOCON, Inc.	2,209		31,743
Molex, Inc.	125,980		3,490,906
MTS Systems Corp.	16,730		903,420
Multi-Fineline Electronix, Inc. (a)	10,240		156,467
National Instruments Corp. (d)	93,144		2,801,772
Neonode, Inc. (a)	20,693		110,294
NetList, Inc. (a)(d)	104,599		81,587
Newport Corp. (a)	32,467		530,835
OSI Systems, Inc. (a)	17,430		1,004,491
Parametric Sound Corp. (a)(d)	1,985		23,403
Park Electrochemical Corp.	16,314		412,744
PC Connection, Inc.	6,039		86,599
PC Mall, Inc. (a)	4,077		28,947
Planar Systems, Inc. (a)	2,277		4,395
Plexus Corp. (a)	33,577		817,936
Power-One, Inc. (a)(d)	91,675		390,536
Pulse Electronics Corp. (a)	50,135		19,452
RadiSys Corp. (a)	9,220		38,632
RealD, Inc. (a)(d)	37,860		440,690
Research Frontiers, Inc. (a)(d)	16,855		55,284
Richardson Electronics Ltd.	23,707		283,536
Rofin-Sinar Technologies, Inc. (a)(d)	22,270		591,714
Rogers Corp. (a)	16,870		804,868
Sanmina Corp. (a)	72,340		740,762
ScanSource, Inc. (a)	19,738		592,337
SYNNEX Corp. (a)(d)	16,578		632,119
TE Connectivity Ltd.	402,703		16,160,471
Tech Data Corp. (a)	34,347		1,822,452
Trimble Navigation Ltd. (a)	118,068		7,016,781
TTM Technologies, Inc. (a)(d)	45,522		373,280
Uni-Pixel, Inc. (a)(d)	8,000		188,800
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Electronic Equipment & Components - continued
Universal Display Corp. (a)(d)	33,587		$ 1,053,960
Viasystems Group, Inc. (a)	4,710		66,788
Vishay Intertechnology, Inc. (a)(d)	124,817		1,646,336
Vishay Precision Group, Inc. (a)	9,596		134,824
Wayside Technology Group, Inc.	1,232		15,733
Wireless Telecom Group, Inc. (a)	11,200		14,896
Zygo Corp. (a)(d)	9,828		140,737
			113,673,848
Internet Software & Services - 2.3%
Active Network, Inc. (a)(d)	30,019		140,789
Akamai Technologies, Inc. (a)	164,615		6,084,170
Angie's List, Inc. (a)(d)	39,732		677,828
AOL, Inc. (d)	74,516		2,749,640
Autobytel, Inc. (a)	1,148		5,235
Bankrate, Inc. (a)	33,840		380,700
Bazaarvoice, Inc.	31,078		217,546
Blucora, Inc. (a)(d)	32,776		508,028
Brightcove, Inc. (d)	10,845		68,324
BroadVision, Inc. (a)	490		4,003
Carbonite, Inc. (a)(d)	4,801		47,146
comScore, Inc. (a)	21,331		340,016
Constant Contact, Inc. (a)(d)	30,835		435,699
Cornerstone OnDemand, Inc. (a)(d)	26,137		884,999
CoStar Group, Inc. (a)(d)	26,741		2,693,888
Crexendo, Inc.	6,585		17,780
Daegis, Inc. (a)	3,645		4,921
DealerTrack Holdings, Inc. (a)(d)	34,664		1,022,241
Demand Media, Inc. (a)(d)	42,676		345,676
Demandware, Inc.	6,200		163,990
Dice Holdings, Inc. (a)(d)	35,391		341,169
Digital River, Inc. (a)	26,434		376,420
EarthLink, Inc.	80,611		468,350
eBay, Inc. (a)	1,094,418		59,842,776
eGain Communications Corp. (a)	8,558		68,378
Equinix, Inc. (a)(d)	44,811		9,479,767
ExactTarget, Inc. (d)	29,149		650,023
Facebook, Inc. Class A	511,909		13,949,520
FriendFinder Networks, Inc. (a)(d)	17,170		10,795
GlowPoint, Inc. (a)	18,770		30,032
Google, Inc. Class A (a)	249,398		199,817,678
IAC/InterActiveCorp (d)	80,150		3,266,113
Internap Network Services Corp. (a)(d)	34,998		303,783
IntraLinks Holdings, Inc. (a)	36,458		214,373
Inuvo, Inc. (a)	9,640		6,758
iPass, Inc. (a)(d)	22,438		45,100
j2 Global, Inc.	38,868		1,386,810
Keynote Systems, Inc. (d)	17,976		274,673
Limelight Networks, Inc. (a)(d)	33,081		70,132
LinkedIn Corp. (a)	62,394		10,493,423
Liquidity Services, Inc. (a)(d)	21,953		747,500
LivePerson, Inc. (a)(d)	37,230		538,718

	Shares		Value
Local Corp. (a)(d)	28,399		$ 47,426
LogMeIn, Inc. (a)(d)	22,955		409,976
Marchex, Inc. Class B	28,685		108,429
Market Leader, Inc. (a)	7,128		53,032
MeetMe, Inc. (a)(d)	18,724		48,121
Millennial Media, Inc. (d)	10,513		98,507
Monster Worldwide, Inc. (a)(d)	97,552		499,466
Move, Inc. (a)	35,516		346,636
NIC, Inc. (d)	78,994		1,399,774
OpenTable, Inc. (a)	23,366		1,299,150
Perficient, Inc. (a)	18,309		212,018
QuinStreet, Inc. (a)	17,620		100,963
Rackspace Hosting, Inc. (a)(d)	107,654		6,013,552
RealNetworks, Inc. (a)	28,670		208,431
Responsys, Inc. (a)	13,609		109,825
Saba Software, Inc. (a)	20,826		182,019
SciQuest, Inc. (a)	12,793		244,986
Selectica, Inc. (a)	552		5,757
Spark Networks, Inc. (a)(d)	3,502		25,284
SPS Commerce, Inc. (a)(d)	11,840		442,698
Stamps.com, Inc. (a)(d)	12,471		304,168
Support.com, Inc. (a)(d)	117,655		458,855
Synacor, Inc. (d)	8,243		27,119
TechTarget, Inc. (a)	1,217		5,915
TheStreet.com, Inc.	3,696		6,838
Travelzoo, Inc. (a)	5,383		113,420
Trulia, Inc. (d)	5,966		142,229
United Online, Inc.	71,982		424,694
Unwired Planet, Inc. (a)	76,683		154,133
ValueClick, Inc. (a)(d)	62,448		1,665,488
VeriSign, Inc. (a)(d)	144,977		6,639,947
Vocus, Inc. (a)(d)	23,379		328,241
Web.com Group, Inc. (a)(d)	25,389		433,644
WebMD Health Corp. (a)	42,908		948,267
WebMediaBrands, Inc. (a)	147		238
XO Group, Inc. (a)(d)	29,832		272,963
Yahoo!, Inc. (a)	1,002,327		21,359,588
Yelp, Inc. (d)	13,280		294,683
Zix Corp. (a)(d)	43,773		164,586
			364,775,976
IT Services - 3.4%
Accenture PLC Class A	602,434		44,796,992
Acxiom Corp. (a)	66,136		1,204,337
Alliance Data Systems Corp. (a)(d)	50,917		8,080,019
Analysts International Corp. (a)	1,000		3,670
Automatic Data Processing, Inc.	461,625		28,325,310
Booz Allen Hamilton Holding Corp. Class A (d)	29,672		379,802
Broadridge Financial Solutions, Inc.	107,819		2,474,446
CACI International, Inc. Class A (a)(d)	20,462		1,038,447
Cardtronics, Inc. (a)	44,777		1,180,322
Cass Information Systems, Inc.	3,955		169,076
Ciber, Inc. (a)(d)	53,912		239,908
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
IT Services - continued
Cognizant Technology Solutions Corp. Class A (a)	279,212		$ 21,435,105
Computer Sciences Corp.	143,307		6,883,035
Computer Task Group, Inc.	4,854		96,595
Convergys Corp. (d)	123,097		2,042,179
CoreLogic, Inc. (a)	88,040		2,281,116
CSG Systems International, Inc. (a)(d)	47,456		921,121
CSP, Inc.	3,696		25,133
DST Systems, Inc.	31,684		2,151,977
Dynamics Research Corp. (a)	2,443		14,438
Edgewater Technology, Inc. (a)	2,875		11,241
EPAM Systems, Inc. (d)	11,994		251,634
Euronet Worldwide, Inc. (a)(d)	47,939		1,157,247
ExlService Holdings, Inc. (a)(d)	20,701		626,619
Fidelity National Information Services, Inc.	242,609		9,134,229
Fiserv, Inc. (a)	126,468		10,384,287
FleetCor Technologies, Inc. (a)	39,405		2,750,863
Forrester Research, Inc.	10,441		286,710
Gartner, Inc. Class A (a)(d)	93,477		4,651,416
Genpact Ltd.	119,462		2,103,726
Global Cash Access Holdings, Inc. (a)	58,402		414,654
Global Payments, Inc.	75,409		3,635,468
Hackett Group, Inc.	12,619		58,426
Heartland Payment Systems, Inc.	30,852		959,497
Higher One Holdings, Inc. (a)(d)	26,817		239,744
IBM Corp.	995,045		199,834,887
iGate Corp. (a)(d)	19,383		370,409
Information Services Group, Inc. (a)	18,000		24,120
Innodata, Inc. (a)	14,010		48,895
Jack Henry & Associates, Inc.	77,862		3,404,127
Lender Processing Services, Inc.	87,526		2,149,639
Lionbridge Technologies, Inc. (a)	34,685		132,497
ManTech International Corp. Class A	23,021		571,151
MasterCard, Inc. Class A	99,527		51,537,071
Mattersight Corp. (a)	4,307		19,640
Maximus, Inc.	30,123		2,192,352
ModusLink Global Solutions, Inc. (a)	31,030		89,366
MoneyGram International, Inc. (a)(d)	66,937		1,085,049
NCI, Inc. Class A (a)	12,261		61,673
NeuStar, Inc. Class A (a)(d)	66,766		2,927,689
Online Resources Corp. (a)	26,280		100,652
Paychex, Inc. (d)	286,984		9,499,170
PFSweb, Inc. (a)	1,815		6,262
PRG-Schultz International, Inc. (a)	5,640		36,660
SAIC, Inc. (d)	273,792		3,236,221
Sapient Corp. (a)	97,843		1,097,798
ServiceSource International, Inc. (a)	30,455		192,476
StarTek, Inc. (a)	2,150		10,793
Storage Engine, Inc. (a)	434		0
Sykes Enterprises, Inc. (a)	30,728		456,618

	Shares		Value
Syntel, Inc.	16,557		$ 996,069
Teletech Holdings, Inc. (a)	19,293		360,972
Teradata Corp. (a)	158,752		9,217,141
The Management Network Group, Inc. (a)	206		719
The Western Union Co.	556,142		7,802,672
Total System Services, Inc.	171,609		4,077,430
Unisys Corp. (a)(d)	35,389		813,239
Vantiv, Inc. (d)	35,941		782,076
VeriFone Systems, Inc. (a)	99,369		1,885,030
Virtusa Corp. (a)	14,018		293,677
Visa, Inc. Class A	486,399		77,162,337
WEX, Inc. (a)	33,822		2,536,988
			545,422,354
Office Electronics - 0.1%
Xerox Corp.	1,207,010		9,788,851
Zebra Technologies Corp. Class A (a)	46,287		2,069,955
			11,858,806
Semiconductors & Semiconductor Equipment - 2.1%
Advanced Energy Industries, Inc. (a)(d)	31,081		560,701
Advanced Micro Devices, Inc. (a)(d)	535,938		1,334,486
AEHR Test Systems (a)	3,126		2,813
Aetrium, Inc. (a)	2,064		1,548
Altera Corp.	296,178		10,490,625
Amkor Technology, Inc. (a)(d)	114,967		465,616
Amtech Systems, Inc. (a)	12,381		49,400
ANADIGICS, Inc. (a)(d)	74,954		158,153
Analog Devices, Inc.	279,008		12,616,742
Applied Materials, Inc.	1,097,065		15,029,791
Applied Micro Circuits Corp. (a)(d)	98,689		784,578
Atmel Corp. (a)	430,659		2,928,481
ATMI, Inc. (a)	23,384		512,110
Axcelis Technologies, Inc. (a)	87,264		99,481
AXT, Inc. (a)	31,515		89,818
Broadcom Corp. Class A	472,870		16,129,596
Brooks Automation, Inc.	46,495		470,064
BTU International, Inc. (a)	4,067		11,835
Cabot Microelectronics Corp. (d)	30,653		1,047,413
Cavium, Inc. (a)(d)	42,834		1,581,431
Ceva, Inc. (a)	14,448		218,598
Cirrus Logic, Inc. (a)(d)	62,020		1,490,961
Cohu, Inc.	18,095		182,036
Cree, Inc. (a)(d)	109,699		4,961,686
CVD Equipment Corp. (a)(d)	24,298		247,840
Cymer, Inc. (a)	29,062		2,873,651
Cypress Semiconductor Corp. (d)	200,786		2,114,277
Diodes, Inc. (a)(d)	26,894		535,997
DSP Group, Inc. (a)	34,788		251,865
Entegris, Inc. (a)	143,226		1,362,079
Entropic Communications, Inc. (a)(d)	130,146		573,944
Exar Corp. (a)	27,190		319,483
Fairchild Semiconductor International, Inc. (a)	100,014		1,426,200
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Semiconductors & Semiconductor Equipment - continued
First Solar, Inc. (a)(d)	62,639		$ 1,619,218
FormFactor, Inc. (a)	44,109		221,427
GigOptix, Inc. (a)	17,428		19,171
GSI Technology, Inc. (a)	4,316		27,709
GT Advanced Technologies, Inc. (a)(d)	93,200		266,552
Hittite Microwave Corp. (a)(d)	24,952		1,617,389
Ikanos Communications, Inc. (a)	35,040		60,970
Inphi Corp. (a)(d)	18,384		177,589
Integrated Device Technology, Inc. (a)	100,471		683,203
Integrated Silicon Solution, Inc. (a)	27,085		230,223
Intel Corp.	4,659,552		97,151,659
International Rectifier Corp. (a)(d)	61,935		1,301,874
Intersil Corp. Class A	109,308		928,025
Intest Corp.	2,175		7,352
IXYS Corp.	38,644		385,281
KLA-Tencor Corp.	158,007		8,652,463
Kopin Corp. (a)	42,598		137,166
Kulicke & Soffa Industries, Inc. (a)	82,587		893,591
Lam Research Corp. (a)	168,446		7,125,266
Lattice Semiconductor Corp. (a)	136,230		637,556
Linear Technology Corp. (d)	206,542		7,898,166
LSI Corp. (a)	527,450		3,671,052
LTX-Credence Corp. (a)	48,731		282,640
M/A-COM Technology Solutions, Inc. (d)	10,000		162,000
Marvell Technology Group Ltd.	465,712		4,703,691
Mattson Technology, Inc. (a)	39,367		48,421
Maxim Integrated Products, Inc. (d)	279,986		8,729,963
MaxLinear, Inc. Class A (a)	15,441		90,793
MEMC Electronic Materials, Inc. (a)(d)	197,213		976,204
Micrel, Inc. (d)	33,398		351,347
Microchip Technology, Inc.	181,262		6,610,625
Micron Technology, Inc. (a)(d)	956,682		8,026,562
Microsemi Corp. (a)	78,145		1,612,131
Mindspeed Technologies, Inc. (a)(d)	20,470		91,092
MKS Instruments, Inc.	47,592		1,291,647
Monolithic Power Systems, Inc. (d)	35,284		867,634
MoSys, Inc. (a)(d)	9,566		33,194
Nanometrics, Inc. (a)	28,664		422,794
NeoPhotonics Corp. (a)	11,524		57,850
NVE Corp. (a)(d)	6,043		320,037
NVIDIA Corp.	580,786		7,352,751
Omnivision Technologies, Inc. (a)(d)	44,394		684,112
ON Semiconductor Corp. (a)	400,227		3,201,816
PDF Solutions, Inc. (a)	17,331		269,324
Peregrine Semiconductor Corp. (d)	5,341		53,357
Pericom Semiconductor Corp. (a)	17,514		122,948
Photronics, Inc. (a)(d)	74,723		496,161
Pixelworks, Inc. (a)	11,868		28,721
PLX Technology, Inc. (a)	29,807		141,583
PMC-Sierra, Inc. (a)(d)	199,312		1,293,535
Power Integrations, Inc.	28,590		1,195,348

	Shares		Value
QuickLogic Corp. (a)(d)	38,003		$ 82,086
Rambus, Inc. (a)	81,201		457,974
RF Micro Devices, Inc. (a)(d)	236,125		1,088,536
Rubicon Technology, Inc. (a)(d)	18,271		94,278
Rudolph Technologies, Inc. (a)(d)	29,614		326,346
Semtech Corp. (a)(d)	60,032		1,835,178
Sigma Designs, Inc. (a)(d)	22,818		106,104
Silicon Image, Inc. (a)	84,424		389,195
Silicon Laboratories, Inc. (a)(d)	36,210		1,503,439
Skyworks Solutions, Inc. (a)	195,201		4,157,781
Spansion, Inc. Class A	38,055		447,527
STR Holdings, Inc. (a)(d)	37,233		74,466
SunPower Corp. (a)(d)	29,517		346,530
Supertex, Inc.	19,548		441,589
Teradyne, Inc. (a)(d)	178,524		2,992,062
Tessera Technologies, Inc.	44,982		802,479
Texas Instruments, Inc.	1,045,185		35,923,008
TranSwitch Corp. (a)	16,133		13,389
TriQuint Semiconductor, Inc. (a)(d)	138,618		651,505
Ultra Clean Holdings, Inc. (a)	12,895		76,081
Ultratech, Inc. (a)	31,408		1,287,100
Veeco Instruments, Inc. (a)	36,173		1,154,280
Vitesse Semiconductor Corp. (a)(d)	9,484		19,822
Volterra Semiconductor Corp. (a)	28,138		431,918
Xilinx, Inc.	242,074		9,022,098
			327,879,253
Software - 3.5%
Accelrys, Inc. (a)	40,003		378,428
ACI Worldwide, Inc. (a)(d)	37,489		1,717,371
Activision Blizzard, Inc.	390,312		5,581,462
Actuate Corp. (a)	42,170		253,442
Adobe Systems, Inc. (a)	463,352		18,209,734
Advent Software, Inc. (a)(d)	32,795		859,229
American Software, Inc. Class A	10,878		88,764
ANSYS, Inc. (a)(d)	86,793		6,578,909
Aspen Technology, Inc. (a)	97,387		2,995,624
Autodesk, Inc. (a)	213,057		7,823,453
Blackbaud, Inc.	40,206		1,117,727
BMC Software, Inc. (a)	135,415		5,426,079
Bottomline Technologies, Inc. (a)(d)	34,478		935,388
BroadSoft, Inc. (a)	23,438		492,198
BSQUARE Corp. (a)	11,182		32,987
CA Technologies, Inc.	349,083		8,549,043
Cadence Design Systems, Inc. (a)(d)	280,788		3,975,958
Callidus Software, Inc. (a)(d)	16,907		73,545
Citrix Systems, Inc. (a)	175,074		12,412,747
CommVault Systems, Inc. (a)(d)	39,408		2,914,222
Compuware Corp. (a)	189,084		2,195,265
Comverse, Inc.	14,883		409,580
Concur Technologies, Inc. (a)(d)	46,147		3,239,519
Datawatch Corp. (a)	1,950		21,216
Digimarc Corp.	3,041		67,906
Ebix, Inc. (d)	31,393		503,230
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Software - continued
Electronic Arts, Inc. (a)	280,403		$ 4,915,465
Ellie Mae, Inc. (a)	15,823		321,207
Envivio, Inc.	6,801		11,562
EPIQ Systems, Inc.	38,746		482,000
ePlus, Inc.	1,206		55,428
Evolving Systems, Inc.	4,973		33,319
FactSet Research Systems, Inc. (d)	36,068		3,509,056
Fair Isaac Corp.	37,437		1,659,957
FalconStor Software, Inc. (a)	21,866		58,820
Fonix Corp. (a)	1		0
Fortinet, Inc. (a)	124,790		3,017,422
Glu Mobile, Inc. (a)(d)	98,358		223,273
GSE Systems, Inc. (a)	388		877
Guidance Software, Inc. (a)	3,531		34,639
Guidewire Software, Inc. (a)(d)	25,608		935,972
Imperva, Inc. (a)(d)	12,476		455,374
Infoblox, Inc. (d)	40,167		847,122
Informatica Corp. (a)	99,837		3,495,293
Interactive Intelligence Group, Inc. (a)	16,038		667,341
Intuit, Inc.	259,759		16,749,260
Jive Software, Inc. (a)(d)	30,754		509,901
Majesco Entertainment Co. (a)	19,952		10,664
Manhattan Associates, Inc. (a)(d)	20,570		1,437,020
Marlborough Software Development Holdings, Inc.	5,202		780
Mentor Graphics Corp. (d)	80,500		1,425,655
MICROS Systems, Inc. (a)(d)	71,058		3,041,282
Microsoft Corp.	7,095,764		197,262,239
MicroStrategy, Inc. Class A (a)	7,880		802,814
Mitek Systems, Inc. (a)(d)	15,896		68,353
Monotype Imaging Holdings, Inc.	25,665		538,965
Motricity, Inc. (a)(d)	42,402		16,957
NetScout Systems, Inc. (a)	29,548		751,406
NetSol Technologies, Inc. (a)(d)	10,165		117,711
NetSuite, Inc. (a)(d)	30,845		2,152,673
Nuance Communications, Inc. (a)(d)	239,170		4,403,120
Oracle Corp.	3,523,355		120,710,142
Parametric Technology Corp. (a)	117,269		2,713,605
Peerless Systems Corp. (a)	172		550
Pegasystems, Inc.	16,328		447,224
Pervasive Software, Inc. (a)	4,203		38,457
Progress Software Corp. (a)	56,172		1,264,993
Proofpoint, Inc. (d)	6,483		90,632
PROS Holdings, Inc. (a)	12,895		336,044
QAD, Inc. Class B	4,298		51,705
QLIK Technologies, Inc. (a)	69,650		1,810,900
Qualys, Inc. (d)	7,387		87,610
RealPage, Inc. (a)(d)	33,089		716,708
Red Hat, Inc. (a)	178,129		9,050,734
Rosetta Stone, Inc. (a)	8,315		96,288
Rovi Corp. (a)	95,372		1,696,668

	Shares		Value
salesforce.com, Inc. (a)(d)	121,229		$ 20,514,371
SeaChange International, Inc. (a)	17,668		203,535
ServiceNow, Inc. (d)	10,394		337,493
Smith Micro Software, Inc. (a)(d)	41,455		60,524
SolarWinds, Inc. (a)	59,019		3,332,213
Solera Holdings, Inc.	62,084		3,495,329
Sonic Foundry, Inc. (a)	155		1,070
Sourcefire, Inc. (a)(d)	26,600		1,426,558
Splunk, Inc.	20,016		723,178
SS&C Technologies Holdings, Inc. (a)	35,267		892,608
Symantec Corp. (a)	635,627		14,899,097
Synchronoss Technologies, Inc. (a)(d)	29,419		887,571
Synopsys, Inc. (a)	144,793		5,072,099
Take-Two Interactive Software, Inc. (a)(d)	76,173		1,115,173
Tangoe, Inc. (a)(d)	45,871		627,057
TeleCommunication Systems, Inc. Class A (a)	49,377		114,061
TeleNav, Inc. (a)	12,035		85,569
TIBCO Software, Inc. (a)	141,645		3,038,285
TiVo, Inc. (a)(d)	121,206		1,501,742
Tyler Technologies, Inc. (a)	30,080		1,696,512
Ultimate Software Group, Inc. (a)(d)	28,130		2,764,335
Vasco Data Security International, Inc. (a)	30,246		250,134
Verint Systems, Inc. (a)	42,645		1,457,180
VirnetX Holding Corp. (a)(d)	42,196		1,486,565
VMware, Inc. Class A (a)(d)	80,645		5,792,730
Vringo, Inc. (a)(d)	39,609		120,411
Wave Systems Corp. Class A (a)(d)	62,248		54,778
Websense, Inc. (a)	31,243		468,333
Workday, Inc.	22,066		1,220,029
Zynga, Inc. (a)(d)	461,286		1,563,760
			551,180,513
TOTAL INFORMATION TECHNOLOGY			2,751,342,683
MATERIALS - 3.8%
Chemicals - 2.5%
A. Schulman, Inc.	30,292		949,654
ADA-ES, Inc. (a)(d)	14,209		377,533
Air Products & Chemicals, Inc.	196,426		16,959,421
Airgas, Inc.	67,095		6,728,287
Albemarle Corp.	82,305		5,356,409
American Pacific Corp. (a)	2,556		47,286
American Vanguard Corp.	23,997		744,627
Arabian American Development Co. (a)(d)	28,770		211,747
Ashland, Inc.	69,720		5,436,068
Axiall Corp.	65,100		3,683,358
Balchem Corp.	26,952		1,086,974
Cabot Corp.	56,337		2,072,075
Calgon Carbon Corp. (a)(d)	83,129		1,418,181
Celanese Corp. Class A (d)	148,644		6,963,971
CF Industries Holdings, Inc.	60,942		12,238,982
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Chemicals - continued
Chase Corp.	3,188		$ 60,062
Chemtura Corp. (a)	94,872		1,908,825
Clean Diesel Technologies, Inc. (a)(d)	42,378		101,283
Core Molding Technologies, Inc. (a)	5,919		41,137
Cytec Industries, Inc.	39,374		2,850,284
E.I. du Pont de Nemours & Co.	867,966		41,575,571
Eastman Chemical Co.	140,187		9,775,240
Ecolab, Inc.	245,228		18,772,203
Ferro Corp. (a)(d)	75,739		388,541
Flotek Industries, Inc. (a)(d)	68,404		960,392
FMC Corp.	127,997		7,713,099
FutureFuel Corp.	9,540		125,069
GSE Holding, Inc.	3,278		23,569
H.B. Fuller Co.	40,504		1,655,398
Hawkins, Inc. (d)	5,329		210,176
Huntsman Corp.	166,677		2,871,845
Innophos Holdings, Inc.	21,107		1,030,655
International Flavors & Fragrances, Inc.	78,743		5,746,664
Intrepid Potash, Inc. (d)	47,540		937,013
KMG Chemicals, Inc.	10,303		203,587
Koppers Holdings, Inc.	22,254		923,096
Kraton Performance Polymers, Inc. (a)	27,382		658,263
Kronos Worldwide, Inc. (d)	25,586		437,776
Landec Corp. (a)	25,874		284,873
LSB Industries, Inc. (a)	18,952		734,390
LyondellBasell Industries NV Class A	353,245		20,707,222
Material Sciences Corp. (a)(d)	4,565		46,335
Minerals Technologies, Inc.	52,154		2,098,677
Monsanto Co.	498,229		50,336,076
NewMarket Corp. (d)	10,242		2,577,604
Olin Corp. (d)	59,328		1,374,036
OM Group, Inc. (a)(d)	25,674		630,040
OMNOVA Solutions, Inc. (a)	35,057		280,807
Penford Corp. (a)	6,469		65,660
PolyOne Corp.	78,276		1,783,910
PPG Industries, Inc.	140,149		18,872,464
Praxair, Inc.	278,925		31,532,471
Quaker Chemical Corp.	14,473		830,895
Rockwood Holdings, Inc.	70,868		4,436,337
RPM International, Inc.	115,775		3,520,718
Senomyx, Inc. (a)	31,786		76,604
Sensient Technologies Corp.	58,886		2,173,482
Sherwin-Williams Co.	79,080		12,778,537
Sigma Aldrich Corp.	110,382		8,506,037
Spartech Corp. (a)	26,298		259,561
Stepan Co.	16,974		1,039,488
The Dow Chemical Co.	1,116,995		35,431,081
The Mosaic Co.	258,436		15,128,843
The Scotts Miracle-Gro Co. Class A (d)	31,090		1,377,598
Tredegar Corp.	24,439		598,267
Tronox Ltd. Class A	19,331		397,059

	Shares		Value
Valhi, Inc.	16,022		$ 260,838
Valspar Corp.	85,270		5,253,485
W.R. Grace & Co. (a)	64,184		4,594,291
Westlake Chemical Corp.	20,522		1,769,407
Zep, Inc.	16,526		247,229
Zoltek Companies, Inc. (a)(d)	40,249		376,328
			393,624,971
Construction Materials - 0.1%
Eagle Materials, Inc.	43,267		2,782,501
Headwaters, Inc. (a)	97,498		917,456
Martin Marietta Materials, Inc.	41,456		4,026,621
Texas Industries, Inc. (a)(d)	19,133		1,110,671
U.S. Concrete, Inc. (a)	13,793		135,171
Vulcan Materials Co.	120,291		6,126,421
			15,098,841
Containers & Packaging - 0.3%
AEP Industries, Inc. (a)	6,511		459,221
Aptargroup, Inc.	60,393		3,257,598
Ball Corp.	152,556		6,775,012
Bemis Co., Inc.	87,122		3,253,135
Berry Plastics Group, Inc.	28,788		553,305
Boise, Inc.	80,405		690,679
Crown Holdings, Inc. (a)	123,560		4,802,777
Graphic Packaging Holding Co. (a)	184,468		1,368,753
Greif, Inc. Class A	37,275		1,896,179
MOD-PAC Corp. (sub. vtg.) (a)	989		8,120
Myers Industries, Inc.	25,717		378,554
Owens-Illinois, Inc. (a)	155,209		3,957,830
Packaging Corp. of America	83,299		3,480,232
Rock-Tenn Co. Class A	65,822		5,821,956
Sealed Air Corp.	175,395		3,895,523
Silgan Holdings, Inc.	43,920		1,885,486
Sonoco Products Co.	95,840		3,044,837
UFP Technologies, Inc. (a)	2,454		46,430
			45,575,627
Metals & Mining - 0.7%
A.M. Castle & Co. (a)(d)	36,860		605,610
AK Steel Holding Corp. (d)	121,218		454,568
Alcoa, Inc. (d)	972,022		8,281,627
Allegheny Technologies, Inc.	102,039		3,109,128
Allied Nevada Gold Corp. (a)(d)	72,291		1,322,925
Amcol International Corp.	23,278		680,649
Carpenter Technology Corp.	37,349		1,763,993
Century Aluminum Co. (a)(d)	51,555		418,111
Cliffs Natural Resources, Inc. (d)	131,469		3,347,201
Coeur d'Alene Mines Corp. (a)	98,197		1,866,725
Commercial Metals Co.	130,792		2,133,218
Compass Minerals International, Inc.	30,663		2,260,476
Comstock Mining, Inc. (a)(d)	32,356		64,065
Freeport-McMoRan Copper & Gold, Inc.	888,082		28,347,577
Friedman Industries	2,001		21,891
General Moly, Inc. (a)	49,482		144,487
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Metals & Mining - continued
Globe Specialty Metals, Inc.	53,804		$ 768,859
Golden Minerals Co. (a)(d)	55,854		161,977
Handy & Harman Ltd. (a)	5,646		91,465
Haynes International, Inc.	10,403		535,755
Hecla Mining Co. (d)	255,072		1,183,534
Horsehead Holding Corp. (a)(d)	39,520		417,726
Kaiser Aluminum Corp. (d)	16,273		996,559
Materion Corp.	22,336		617,814
McEwen Mining, Inc. (a)	217,690		528,987
Metals USA Holdings Corp.	10,388		215,447
Mines Management, Inc. (a)(d)	24,109		26,279
Molycorp, Inc. (a)(d)	115,663		710,171
Newmont Mining Corp.	460,156		18,539,685
Noranda Aluminium Holding Corp.	57,213		272,334
Nucor Corp.	296,896		13,375,165
Olympic Steel, Inc.	9,587		198,163
Reliance Steel & Aluminum Co.	68,490		4,560,749
Royal Gold, Inc.	59,947		3,928,926
RTI International Metals, Inc. (a)(d)	27,976		830,048
Schnitzer Steel Industries, Inc. Class A (d)	20,284		580,325
Silver Bull Resources, Inc. (a)(d)	60,971		20,425
Solitario Exploration & Royalty Corp. (a)	18,115		28,078
Steel Dynamics, Inc.	191,858		2,929,672
Stillwater Mining Co. (a)(d)	106,954		1,394,680
SunCoke Energy, Inc. (a)	69,275		1,142,345
Synalloy Corp.	1,991		27,177
Timberline Resources Corp. (a)	18,994		3,609
U.S. Silica Holdings, Inc. (d)	14,625		359,629
United States Steel Corp. (d)	123,306		2,569,697
Universal Stainless & Alloy Products, Inc. (a)(d)	6,659		236,328
US Antimony Corp. (a)(d)	24,962		46,679
Walter Energy, Inc.	53,873		1,712,623
Worthington Industries, Inc.	60,686		1,719,841
			115,553,002
Paper & Forest Products - 0.2%
Boise Cascade Co.	11,500		311,650
Buckeye Technologies, Inc.	38,686		1,072,763
Clearwater Paper Corp. (a)	22,216		1,075,032
Deltic Timber Corp.	13,533		966,121
Domtar Corp.	31,471		2,346,478
International Paper Co.	404,904		17,819,825
Kapstone Paper & Packaging Corp.	34,137		909,410
Louisiana-Pacific Corp. (a)(d)	122,996		2,579,226
MeadWestvaco Corp.	171,723		6,132,228
Neenah Paper, Inc.	13,754		401,617
P.H. Glatfelter Co.	36,975		671,096
Resolute Forest Products (a)(d)	103,317		1,425,775
Schweitzer-Mauduit International, Inc.	24,906		917,786

	Shares		Value
Verso Paper Corp. (a)	23,529		$ 25,176
Wausau-Mosinee Paper Corp.	43,988		434,162
			37,088,345
TOTAL MATERIALS			606,940,786
TELECOMMUNICATION SERVICES - 2.6%
Diversified Telecommunication Services - 2.3%
8x8, Inc. (a)(d)	89,195		539,630
Alaska Communication Systems Group, Inc.	135,810		233,593
Allegiance Telecom, Inc. (a)(d)	7,100		0
AT&T, Inc.	5,313,513		190,808,252
Atlantic Tele-Network, Inc.	16,949		796,603
Cbeyond, Inc. (a)	59,758		419,501
CenturyLink, Inc. (d)	578,199		20,046,159
Cincinnati Bell, Inc. (a)(d)	198,209		644,179
Cogent Communications Group, Inc.	64,769		1,628,940
Consolidated Communications Holdings, Inc.	59,983		1,007,714
Elephant Talk Communication, Inc. (a)(d)	63,184		75,821
FairPoint Communications, Inc. (a)(d)	43,838		366,047
Frontier Communications Corp. (d)	931,518		3,856,485
General Communications, Inc. Class A (a)	33,964		286,996
Hawaiian Telcom Holdco, Inc. (a)	11,736		226,153
HickoryTech Corp.	2,523		23,691
IDT Corp. Class B	44,765		452,574
inContact, Inc. (a)(d)	42,838		290,870
Iridium Communications, Inc. (a)	61,404		375,178
Level 3 Communications, Inc. (a)(d)	161,071		3,218,199
Lumos Networks Corp.	15,837		180,859
Neutral Tandem, Inc.	28,172		96,630
ORBCOMM, Inc. (a)	20,031		88,337
Premiere Global Services, Inc. (a)	64,433		687,500
Primus Telecommunications Group, Inc.	10,437		114,703
Towerstream Corp. (a)(d)	39,383		98,064
tw telecom, inc. (a)	129,225		3,271,977
Verizon Communications, Inc.	2,670,665		124,266,042
Vonage Holdings Corp. (a)	140,662		371,348
Windstream Corp. (d)	539,024		4,630,216
			359,102,261
Wireless Telecommunication Services - 0.3%
Boingo Wireless, Inc. (a)	15,589		94,781
Clearwire Corp. Class A (a)	410,997		1,282,311
Crown Castle International Corp. (a)	268,137		18,715,963
Leap Wireless International, Inc. (a)(d)	51,525		275,659
MetroPCS Communications, Inc. (a)	316,592		3,102,602
NII Holdings, Inc. (a)(d)	144,839		698,124
NTELOS Holdings Corp.	10,948		136,631
SBA Communications Corp. Class A (a)(d)	109,238		7,769,007
Shenandoah Telecommunications Co.	22,919		330,263
Sprint Nextel Corp. (a)	2,784,811		16,151,904
Common Stocks - continued
	Shares		Value
TELECOMMUNICATION SERVICES - continued
Wireless Telecommunication Services - continued
Telephone & Data Systems, Inc.	98,546		$ 2,255,718
U.S. Cellular Corp. (a)(d)	27,310		1,004,735
USA Mobility, Inc.	43,148		501,380
			52,319,078
TOTAL TELECOMMUNICATION SERVICES			411,421,339
UTILITIES - 3.5%
Electric Utilities - 1.8%
Allete, Inc.	33,215		1,561,105
American Electric Power Co., Inc.	446,091		20,872,598
Cleco Corp. (d)	54,483		2,413,597
Duke Energy Corp.	665,471		46,083,867
Edison International	298,039		14,314,813
El Paso Electric Co.	44,691		1,490,445
Empire District Electric Co.	52,048		1,114,348
Entergy Corp.	167,660		10,438,512
Exelon Corp.	798,134		24,734,173
FirstEnergy Corp.	388,361		15,332,492
Great Plains Energy, Inc.	136,077		2,970,561
Hawaiian Electric Industries, Inc.	99,172		2,676,652
IDACORP, Inc.	44,055		2,056,928
ITC Holdings Corp.	54,901		4,640,233
MGE Energy, Inc.	22,576		1,211,880
NextEra Energy, Inc.	396,901		28,525,275
Northeast Utilities	298,461		12,389,116
NV Energy, Inc.	198,898		3,930,224
OGE Energy Corp.	100,519		5,821,055
Otter Tail Corp.	43,707		1,262,695
Pepco Holdings, Inc.	198,406		4,025,658
Pinnacle West Capital Corp.	94,072		5,262,388
PNM Resources, Inc.	67,114		1,507,380
Portland General Electric Co.	65,957		1,958,263
PPL Corp.	531,780		16,389,460
Southern Co.	819,798		36,899,108
UIL Holdings Corp.	48,015		1,880,267
Unitil Corp.	19,695		539,249
UNS Energy Corp.	32,111		1,509,859
Westar Energy, Inc. (d)	117,240		3,636,785
Xcel Energy, Inc.	463,832		13,311,978
			290,760,964
Gas Utilities - 0.3%
AGL Resources, Inc.	117,679		4,702,453
Atmos Energy Corp.	80,528		3,073,754
Chesapeake Utilities Corp.	10,363		497,735
Delta Natural Gas Co., Inc.	3,078		60,144
Gas Natural, Inc.	3,100		30,814
Laclede Group, Inc.	27,494		1,120,655
National Fuel Gas Co. (d)	80,051		4,658,168

	Shares		Value
New Jersey Resources Corp.	32,715		$ 1,457,780
Northwest Natural Gas Co.	34,699		1,580,539
ONEOK, Inc.	190,309		8,562,002
Piedmont Natural Gas Co., Inc. (d)	66,004		2,127,969
Questar Corp.	154,003		3,620,611
South Jersey Industries, Inc.	25,563		1,409,544
Southwest Gas Corp.	43,172		1,955,692
UGI Corp.	101,658		3,641,390
WGL Holdings, Inc.	48,285		2,036,178
			40,535,428
Independent Power Producers & Energy Traders - 0.2%
American DG Energy, Inc. (a)(d)	24,722		54,388
Black Hills Corp.	38,823		1,614,649
Calpine Corp. (a)(d)	357,032		6,569,389
Dynegy, Inc. (a)(d)	83,582		1,635,700
Genie Energy Ltd. Class B	11,430		80,239
NRG Energy, Inc.	283,859		6,812,616
Ormat Technologies, Inc. (d)	29,840		609,930
Synthesis Energy Systems, Inc. (a)(d)	39,903		42,696
The AES Corp.	613,866		7,133,123
			24,552,730
Multi-Utilities - 1.1%
Alliant Energy Corp.	123,112		5,871,211
Ameren Corp.	230,451		7,786,939
Avista Corp.	62,033		1,624,644
CenterPoint Energy, Inc.	384,116		8,231,606
CH Energy Group, Inc.	22,364		1,456,567
CMS Energy Corp.	217,136		5,777,989
Consolidated Edison, Inc.	267,067		15,756,953
Dominion Resources, Inc.	535,722		30,000,432
DTE Energy Co.	174,595		11,662,946
Integrys Energy Group, Inc.	70,869		4,009,059
MDU Resources Group, Inc.	177,407		4,286,153
NiSource, Inc.	277,276		7,680,545
NorthWestern Energy Corp.	42,329		1,649,984
PG&E Corp.	400,233		17,065,935
Public Service Enterprise Group, Inc.	481,767		15,700,787
SCANA Corp.	137,776		6,728,980
Sempra Energy	209,790		16,313,270
TECO Energy, Inc.	187,457		3,233,633
Vectren Corp.	88,091		2,907,003
Wisconsin Energy Corp.	210,137		8,678,658
			176,423,294
Water Utilities - 0.1%
American States Water Co. (d)	26,442		1,400,368
American Water Works Co., Inc.	164,099		6,473,706
Aqua America, Inc. (d)	151,195		4,404,310
Artesian Resources Corp. Class A	8,755		194,799
Cadiz, Inc. (a)(d)	5,759		38,816
California Water Service Group	51,749		1,038,085
Connecticut Water Service, Inc.	5,010		149,599
Middlesex Water Co.	7,054		137,271
Common Stocks - continued
	Shares		Value
UTILITIES - continued
Water Utilities - continued
Pure Cycle Corp. (a)	13,598		$ 54,528
SJW Corp.	12,324		326,709
York Water Co.	5,248		96,878
			14,315,069
TOTAL UTILITIES			546,587,485
TOTAL COMMON STOCKS (Cost $12,541,206,142)		15,617,207,824

U.S. Treasury Obligations - 0.1%
	Principal Amount
U.S. Treasury Bills, yield at date of purchase 0.08% to 0.14% 4/11/13 to 8/8/13 (e) (Cost $13,995,954)	$ 14,000,000	13,995,829

Money Market Funds - 9.9%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	251,050,200		251,050,200
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	1,320,680,268		1,320,680,268
TOTAL MONEY MARKET FUNDS (Cost $1,571,730,468)		1,571,730,468
TOTAL INVESTMENT PORTFOLIO - 108.7% (Cost $14,126,932,564)		17,202,934,121
NET OTHER ASSETS (LIABILITIES) - (8.7)%		(1,379,225,564)
NET ASSETS - 100%		$ 15,823,708,557

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
Purchased
Equity Index Contracts
288 CME S&P 500 Index Contracts	March 2013	$ 108,957,600	$ 6,174,424
749 CME E-mini S&P 500 Index Contracts	March 2013	56,673,085	3,298,524
110 CME E-mini S&P MidCap 400 Index Contracts	March 2013	12,118,700	948,344
266 NYFE Russell 2000 Mini Index Contracts	March 2013	24,211,320	2,022,798
TOTAL EQUITY INDEX CONTRACTS		$ 201,960,705	$ 12,444,090

The face value of futures purchased as a percentage of net assets is 1.4%

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $11,776,149.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 287,077
Fidelity Securities Lending Cash Central Fund	7,094,866
Total	$ 7,381,943

Other Information

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 1,900,846,570	$ 1,900,846,570	$ -	$ -
Consumer Staples	1,474,260,627	1,474,260,627	-	-
Energy	1,606,396,650	1,606,396,650	-	-
Financials	2,687,885,279	2,687,883,265	-	2,014
Health Care	1,871,399,851	1,871,399,850	-	1
Industrials	1,760,126,554	1,760,119,350	7,204	-
Information Technology	2,751,342,683	2,751,342,683	-	-
Materials	606,940,786	606,940,786	-	-
Telecommunication Services	411,421,339	411,421,339	-	-
Utilities	546,587,485	546,587,485	-	-
U.S. Government and Government Agency Obligations	13,995,829	-	13,995,829	-
Money Market Funds	1,571,730,468	1,571,730,468	-	-
Total Investments in Securities:	$ 17,202,934,121	$ 17,188,929,073	$ 14,003,033	$ 2,015
Derivative Instruments:
Assets
Futures Contracts	$ 12,444,090	$ 12,444,090	$ -	$ -

Value of Derivative Instruments

Risk Exposure / Derivative Type	Value
	Asset	Liability
Equity Risk
Futures Contracts (a)	$ 12,444,090	$ -
Total Value of Derivatives	$ 12,444,090	$ -

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan Total Market Index Fund

Financial Statements

Statement of Assets and Liabilities

	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $1,287,151,025) - See accompanying schedule: Unaffiliated issuers (cost $12,555,202,096)	$ 15,631,203,653
Fidelity Central Funds (cost $1,571,730,468)	1,571,730,468
Total Investments (cost $14,126,932,564)		$ 17,202,934,121
Receivable for investments sold		3,035,785
Receivable for fund shares sold		11,984,080
Dividends receivable		33,542,246
Distributions receivable from Fidelity Central Funds		558,348
Receivable from investment adviser for expense reductions		160,619
Other receivables		178,407
Total assets		17,252,393,606

Liabilities
Payable to custodian bank	$ 126,989
Payable for investments purchased	56,679,963
Payable for fund shares redeemed	49,799,670
Accrued management fee	591,657
Payable for daily variation margin on futures contracts	333,124
Other affiliated payables	297,617
Other payables and accrued expenses	175,761
Collateral on securities loaned, at value	1,320,680,268
Total liabilities		1,428,685,049

Net Assets		$ 15,823,708,557
Net Assets consist of:
Paid in capital		$ 13,071,285,937
Undistributed net investment income		46,240,356
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions		(382,263,383)
Net unrealized appreciation (depreciation) on investments		3,088,445,647
Net Assets		$ 15,823,708,557

Statement of Assets and Liabilities - continued

	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($1,305,435,209 ÷ 29,633,769 shares)		$ 44.05

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($10,262,591,611 ÷ 232,944,649 shares)		$ 44.06

Institutional Class: Net Asset Value, offering price and redemption price per share ($876,155,329 ÷ 19,889,560 shares)		$ 44.05

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($546,328,608 ÷ 12,402,872 shares)		$ 44.05

Class F: Net Asset Value, offering price and redemption price per share ($2,833,197,800 ÷ 64,302,504 shares)		$ 44.06

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan Total Market Index Fund
Financial Statements - continued

Statement of Operations

	Year ended February 28, 2013

Investment Income
Dividends		$ 298,854,280
Interest		13,404
Income from Fidelity Central Funds		7,381,943
Total income		306,249,627

Expenses
Management fee	$ 6,141,448
Transfer agent fees	3,688,553
Independent trustees' compensation	87,852
Miscellaneous	34,265
Total expenses before reductions	9,952,118
Expense reductions	(397,071)	9,555,047
Net investment income (loss)		296,694,580
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	52,234,181
Foreign currency transactions	1,127
Futures contracts	27,632,420
Total net realized gain (loss)		79,867,728
Change in net unrealized appreciation (depreciation) on: Investment securities	1,451,980,584
Assets and liabilities in foreign currencies	(221)
Futures contracts	220,387
Total change in net unrealized appreciation (depreciation)		1,452,200,750
Net gain (loss)		1,532,068,478
Net increase (decrease) in net assets resulting from operations		$ 1,828,763,058

Statement of Changes in Net Assets

	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 296,694,580	$ 209,840,887
Net realized gain (loss)	79,867,728	578,441,424
Change in net unrealized appreciation (depreciation)	1,452,200,750	(263,122,528)
Net increase (decrease) in net assets resulting from operations	1,828,763,058	525,159,783
Distributions to shareholders from net investment income	(264,325,861)	(195,308,977)
Share transactions - net increase (decrease)	1,964,414,886	(149,356,809)
Redemption fees	275,392	378,217
Total increase (decrease) in net assets	3,529,127,475	180,872,214

Net Assets
Beginning of period	12,294,581,082	12,113,708,868
End of period (including undistributed net investment income of $46,240,356 and undistributed net investment income of $27,909,802, respectively)	$ 15,823,708,557	$ 12,294,581,082

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 38.56	$ 31.54	$ 20.60	$ 37.25
Income from Investment Operations
Net investment income (loss)^B	.87	.68	.61	.56	.70
Net realized and unrealized gain (loss)	4.40	.96	7.03	10.96	(16.70)
Total from investment operations	5.27	1.64	7.64	11.52	(16.00)
Distributions from net investment income	(.77)	(.65)	(.60)	(.57)	(.64)
Distributions from net realized gain	-	-	(.02)	(.02)	(.01)
Total distributions	(.77)	(.65)	(.62)	(.58)^I	(.65)^H
Redemption fees added to paid in capital^{B, G}	-	-	-	-	-
Net asset value, end of period	$ 44.05	$ 39.55	$ 38.56	$ 31.54	$ 20.60
Total Return^A	13.50%	4.46%	24.39%	56.10%	(43.32)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.10%	.10%	.10%	.10%	.10%
Expenses net of fee waivers, if any	.10%	.10%	.10%	.10%	.10%
Expenses net of all reductions	.10%	.10%	.10%	.10%	.10%
Net investment income (loss)	2.15%	1.84%	1.80%	2.00%	2.23%
Supplemental Data
Net assets, end of period (000 omitted)	$ 1,305,435	$ 3,379,770	$ 6,289,666	$ 5,357,908	$ 3,358,025
Portfolio turnover rate^D	3%	17%	4%	7%	3%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^B Calculated based on average shares outstanding during the period. ^CFees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^F For the year ended February 29. ^G Amount represents less than $.01 per share. ^H Total distributions of $.645 per share is comprised of distributions from net investment income of $.640 and distributions from net realized gain of $.005 per share. ^I Total distributions of $.58 per share is comprised of distributions from net investment income of $.565 and distributions from net realized gain of $.015 per share.

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.56	$ 38.56	$ 31.54	$ 20.61	$ 37.25
Income from Investment Operations
Net investment income (loss)^B	.89	.69	.62	.57	.72
Net realized and unrealized gain (loss)	4.39	.97	7.03	10.95	(16.71)
Total from investment operations	5.28	1.66	7.65	11.52	(15.99)
Distributions from net investment income	(.78)	(.66)	(.61)	(.57)	(.65)
Distributions from net realized gain	-	-	(.02)	(.02)	(.01)
Total distributions	(.78)	(.66)	(.63)	(.59)^I	(.65)^H
Redemption fees added to paid in capital^{B, G}	-	-	-	-	-
Net asset value, end of period	$ 44.06	$ 39.56	$ 38.56	$ 31.54	$ 20.61
Total Return^A	13.53%	4.51%	24.43%	56.07%	(43.28)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.07%	.07%	.07%	.07%	.07%
Expenses net of fee waivers, if any	.07%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.07%	.07%	.07%	.07%	.07%
Net investment income (loss)	2.18%	1.87%	1.83%	2.03%	2.26%
Supplemental Data
Net assets, end of period (000 omitted)	$ 10,262,592	$ 6,536,903	$ 5,078,759	$ 3,752,204	$ 2,267,057
Portfolio turnover rate^D	3%	17%	4%	7%	3%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^B Calculated based on average shares outstanding during the period. ^C Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^F For the year ended February 29. ^G Amount represents less than $.01 per share. ^H Total distributions of $.654 per share is comprised of distributions from net investment income of $.649 and distributions from net realized gain of $.005 per share. ^I Total distributions of $.59 per share is comprised of distributions from net investment income of $.574 and distributions from net realized gain of $.015 per share.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Institutional Class

Years ended February 28,	2013	2012^{G, I}
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 34.49
Income from Investment Operations
Net investment income (loss)^D	.89	.36
Net realized and unrealized gain (loss)	4.40	5.26
Total from investment operations	5.29	5.62
Distributions from net investment income	(.79)	(.56)
Redemption fees added to paid in capital^{D, J}	-	-
Net asset value, end of period	$ 44.05	$ 39.55
Total Return^{B, C}	13.55%	16.49%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.07%	.07%^A
Expenses net of fee waivers, if any	.06%	.06%^A
Expenses net of all reductions	.06%	.06%^A
Net investment income (loss)	2.19%	2.03%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 876,155	$ 693,534
Portfolio turnover rate^F	3%	17%^K

^A Annualized ^B Total returns for periods of less than one year are not annualized. ^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^D Calculated based on average shares outstanding during the period. ^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^G For the period September 8, 2011 (commencement of sale of shares) to February 29, 2012. ^H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer-term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^I For the year ended February 29. ^J Amount represents less than $.01 per share. ^K Amount not annualized.

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^{G, I}
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 34.49
Income from Investment Operations
Net investment income (loss)^D	.90	.36
Net realized and unrealized gain (loss)	4.39	5.26
Total from investment operations	5.29	5.62
Distributions from net investment income	(.79)	(.56)
Redemption fees added to paid in capital^{D, J}	-	-
Net asset value, end of period	$ 44.05	$ 39.55
Total Return^{B, C}	13.57%	16.50%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.06%	.06%^A
Expenses net of fee waivers, if any	.05%^L	.05%^{A, L}
Expenses net of all reductions	.05%^L	.05%^{A, L}
Net investment income (loss)	2.20%	2.02%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 546,329	$ 189,758
Portfolio turnover rate^F	3%	17%^K

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Class F

Years ended February 28,	2013	2012^I	2011	2010^G
Selected Per-Share Data
Net asset value, beginning of period	$ 39.56	$ 38.56	$ 31.54	$ 30.10
Income from Investment Operations
Net investment income (loss)^D	.90	.69	.63	.26
Net realized and unrealized gain (loss)	4.39	.97	7.02	1.67
Total from investment operations	5.29	1.66	7.65	1.93
Distributions from net investment income	(.79)	(.66)	(.61)	(.47)
Distributions from net realized gain	-	-	(.02)	(.02)
Total distributions	(.79)	(.66)	(.63)	(.49)^K
Redemption fees added to paid in capital^{D, J}	-	-	-	-
Net asset value, end of period	$ 44.06	$ 39.56	$ 38.56	$ 31.54
Total Return^{B, C}	13.55%	4.51%	24.43%	6.42%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.05%^L	.06%	.07%	.07%^A
Expenses net of fee waivers, if any	.05%^L	.06%	.07%	.07%^A
Expenses net of all reductions	.05%^L	.06%	.07%	.07%^A
Net investment income (loss)	2.20%	1.89%	1.83%	1.98%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 2,833,198	$ 1,494,616	$ 745,283	$ 70,077
Portfolio turnover rate^F	3%	17%	4%	7%

^A Annualized ^B Total returns for periods of less than one year are not annualized. ^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^D Calculated based on average shares outstanding during the period. ^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^G For the period September 24, 2009 (commencement of sale of shares) to February 28, 2010. ^H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer-term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^I For the year ended February 29. ^J Amount represents less than $.01 per share. ^K Total distributions of $.49 per share is comprised of distributions from net investment income of $.472 and distributions from net realized gain of $.015 per share. ^L Amount represents .046%.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Notes to Financial Statements

For the period ended February 28, 2013

1. Organization.

Spartan Total Market Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. The Fund offers Investor Class, Fidelity Advantage Class, Institutional Class, Fidelity Advantage Institutional Class and Class F shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. The Fund offers conversion privileges between share classes to eligible shareholders. Class F shares of the Fund are only available for purchase by mutual funds for which Fidelity Management & Research Company (FMR) or an affiliate serves as investment manager. Investment income, realized and unrealized capital gains and losses, the common expenses of the Fund, and certain fund-level expense reductions, if any, are allocated on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of the Fund. Each class differs with respect to transfer agent fees incurred. Certain expense reductions also differ by class.

2. Investments in Fidelity Central Funds.

The Fund invests in Fidelity Central Funds, which are open-end investment companies available only to other investment companies and accounts managed by FMR and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.

The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.

3. Significant Accounting Policies.

The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value the Fund's investments by major category are as follows:

Annual Report

3. Significant Accounting Policies - continued

Investment Valuation - continued

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. For U.S. government and government agency obligations, pricing vendors utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type as well as broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Foreign Currency. The Fund may use foreign currency contracts to facilitate transactions in foreign-denominated securities. Gains and losses from these transactions may arise from changes in the value of the foreign currency or if the counterparties do not perform under the contracts' terms.

Foreign-denominated assets, including investment securities, and liabilities are translated into U.S. dollars at the exchange rates at period end. Purchases and sales of investment securities, income and dividends received and expenses denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date.

The effects of exchange rate fluctuations on investments are included with the net realized and unrealized gain (loss) on investment securities. Other foreign currency transactions resulting in realized and unrealized gain (loss) are disclosed separately.

Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan), independent Trustees may elect to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in the Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees are included in the accompanying Statement of Assets and Liabilities.

Distributions are declared and recorded on the ex-dividend date. Income dividends and capital gain distributions are declared separately for each class. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP. In addition, the

Annual Report

Notes to Financial Statements - continued

3. Significant Accounting Policies - continued

Income Tax Information and Distributions to Shareholders - continued

Fund claimed a portion of the payment made to redeeming shareholders as a distribution for income tax purposes.

Book-tax differences are primarily due to futures contracts, foreign currency transactions, passive foreign investment companies (PFIC), market discount, deferred trustees compensation, capital loss carryforwards and losses deferred due to wash sales.

The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows:

Gross unrealized appreciation	$ 4,313,659,382
Gross unrealized depreciation	(1,277,823,266)
Net unrealized appreciation (depreciation) on securities and other investments	$ 3,035,836,116

Tax Cost	$ 14,167,098,005

The tax-based components of distributable earnings as of period end were as follows:

Undistributed ordinary income	$ 46,416,105
Capital loss carryforward	$ (329,653,844)
Net unrealized appreciation (depreciation)	$ 3,035,836,116

Fiscal year of expiration
2017	$ (82,640,415)
2018	(46,727,186)
2019	(200,286,243)
Total with expiration	$ (329,653,844)

The tax character of distributions paid was as follows:

	February 28, 2013	February 29, 2012
Ordinary Income	$ 264,325,861	$ 195,308,977

Short-Term Trading (Redemption) Fees. Shares held by investors in the Fund less than 90 days are subject to a redemption fee equal to .50% of the net asset value of shares redeemed. All redemption fees, which reduce the proceeds of the shareholder redemption, are retained by the Fund and accounted for as an addition to paid in capital.

New Accounting Pronouncement. The Financial Accounting Standards Board issued in December 2011, Accounting Standard Update No. 2011-11, Disclosures about Offsetting Assets and Liabilities, and in January 2013, Accounting Standards Update No. 2013-1 Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities. These updates create new disclosure requirements requiring entities to disclose both gross and net information for derivatives and other financial instruments that are either offset in the Statement of Assets and Liabilities or subject to an enforceable master netting arrangement or similar agreement. The disclosure requirements are effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Management is currently evaluating the impact of the update's adoption on the Fund's financial statement disclosures.

Annual Report

4. Derivative Instruments.

Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risk:

Equity Risk

Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract.

During the period the Fund recognized net realized gain (loss) of $27,632,420 and a change in net unrealized appreciation (depreciation) of $220,387 related to its investment in futures contracts. These amounts are included in the Statement of Operations.

5. Purchases and Sales of Investments.

Purchases and sales of securities, other than short-term securities, aggregated $2,333,261,563 and $350,473,786, respectively.

6. Fees and Other Transactions with Affiliates.

Management Fee and Expense Contract. FMR and its affiliates provide the Fund with investment management related services for which the Fund pays a monthly management fee. The management fee is based on an annual rate of .045% of the Fund's average net assets. Under the management contract, FMR pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.

Annual Report

Notes to Financial Statements - continued

6. Fees and Other Transactions with Affiliates - continued

Management Fee and Expense Contract - continued

Investor Class	.10%
Fidelity Advantage Class	.07%
Institutional Class	.07%
Fidelity Advantage Institutional Class	.06%

Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Funds. Geode provides discretionary investment advisory services to the Funds and is paid by FMR for providing these services.

Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of FMR, is the transfer, dividend disbursing and shareholder servicing agent for each class. FIIOC receives transfer agent fees at an annual rate of .075%, .045%, .035% and .015% of average net assets for Investor Class, Fidelity Advantage Class, Institutional Class and Fidelity Advantage Institutional Class, respectively. FIIOC receives no fees for providing transfer agency services to Class F. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements.

Under the expense contract, Investor Class, Fidelity Advantage Class, Institutional Class and Fidelity Advantage Institutional Class pay all or a portion of the transfer agent fees at an annual rate of .055%, .025%, .025% and .015% of average net assets, respectively.

For the period, the total transfer agent fees paid by each applicable class were as follows:

	Amount
Investor Class	$ 1,608,860
Fidelity Advantage Class	1,808,389
Institutional Class	198,032
Fidelity Advantage Institutional Class	73,272
	$ 3,688,553

7. Committed Line of Credit.

The Fund participates with other funds managed by FMR or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The Fund has agreed to pay commitment fees on its pro-rata portion of the line of credit, which amounted to $34,265 and is reflected in Miscellaneous expenses on the Statement of Operations. During the period, there were no borrowings on this line of credit.

8. Security Lending.

Annual Report

9. Expense Reductions.

FMR contractually agreed to reimburse certain classes of the Fund to the extent annual operating expenses exceeded certain levels of average net assets as noted in the table below. This reimbursement will remain in place through April 30, 2014. Some expenses, for example interest expense, including commitment fees, are excluded from this reimbursement.

	Expense Limitations	Reimbursement
Institutional Class	.06% / .05%*	$ 102,634
Fidelity Advantage Class	.06%*	216,903
Fidelity Advantage Institutional Class	.045%	77,053
		$ 396,590

* Expense limitation effective January 1, 2013.

Through arrangements with the Fund's custodian, credits realized as a result of uninvested cash balances were used to reduce the Fund's expenses. During the period, these credits reduced the Fund's management fee by $481.

10. Distributions to Shareholders.

Distributions to shareholders of each class were as follows:

	Year ended February 28, 2013	Year ended February 29, 2012 ^A
From net investment income
Investor Class	$ 58,496,193	$ 74,011,128
Fidelity Advantage Class	134,301,377	90,014,851
Institutional Class	15,312,994	6,818,791
Fidelity Advantage Institutional Class	9,729,037	2,620,049
Class F	46,486,260	21,844,158
Total	$ 264,325,861	$ 195,308,977

^A Distributions for Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

11. Share Transactions.

Transactions for each class of shares were as follows:

	Shares		Dollars
	Year ended February 28, 2013	Year ended February 29, 2012 ^A	Year ended February 28, 2013	Year ended February 29, 2012 ^A
Investor Class
Shares sold	18,000,373	37,550,760	$ 734,600,452	$ 1,388,868,676
Reinvestment of distributions	1,376,779	2,008,028	55,808,530	71,680,307
Shares redeemed	(75,188,401)	(117,221,767) ^B	(3,168,012,059)	(4,390,559,721) ^B
Net increase (decrease)	(55,811,249)	(77,662,979)	$ (2,377,603,077)	$ (2,930,010,738)
Fidelity Advantage Class
Shares sold	97,957,582	52,795,658	$ 4,121,057,430	$ 2,007,116,846
Reinvestment of distributions	2,934,640	2,192,081	119,002,705	77,894,521
Shares redeemed	(33,199,050)	(21,435,179)	(1,350,946,307)	(789,876,393)
Net increase (decrease)	67,693,172	33,552,560	$ 2,889,113,828	$ 1,295,134,974
Institutional Class
Shares sold	8,433,106	17,993,180	$ 338,510,978	$ 649,476,736
Reinvestment of distributions	377,853	194,656	15,312,994	6,818,791
Shares redeemed	(6,455,224)	(654,011)	(253,857,664)	(24,602,098)
Net increase (decrease)	2,355,735	17,533,825	$ 99,966,308	$ 631,693,429
Fidelity Advantage Institutional Class
Shares sold	10,372,973	4,871,455	$ 406,066,075	$ 179,033,674
Reinvestment of distributions	239,832	74,794	9,729,037	2,620,049
Shares redeemed	(3,007,383)	(148,799)	(124,740,192)	(5,550,895)
Net increase (decrease)	7,605,422	4,797,450	$ 291,054,920	$ 176,102,828

Annual Report

Notes to Financial Statements - continued

11. Share Transactions - continued

	Shares		Dollars
	Year ended February 28, 2013	Year ended February 29, 2012 ^A	Year ended February 28, 2013	Year ended February 29, 2012 ^A
Class F
Shares sold	31,085,123	22,439,089	$ 1,254,633,446	$ 826,126,384
Reinvestment of distributions	1,145,187	617,949	46,486,260	21,844,158
Shares redeemed	(5,709,687)	(4,602,865)	(239,236,799)	(170,247,844)
Net increase (decrease)	26,520,623	18,454,173	$ 1,061,882,907	$ 677,722,698

^A Share transactions for Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

^B Amount includes in-kind redemptions.

12. Other.

Annual Report

Report of Independent Registered Public Accounting Firm

To the Trustees of Fidelity Concord Street Trust and the Shareholders of Spartan Total Market Index Fund:

In our opinion, the accompanying statement of assets and liabilities, including the schedule of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Spartan Total Market Index Fund (a fund of Fidelity Concord Street Trust) at February 28, 2013, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Spartan Total Market Index Fund's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at February 28, 2013 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Boston, Massachusetts

April 19, 2013

Annual Report

Trustees and Officers

The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, the fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the fund's activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the fund's business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the fund are carried out by or through FMR, its affiliates, and other service providers, the fund's exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the fund's activities, oversight is exercised primarily through the Operations, Audit, and Compliance Committees. In addition, the Independent Trustees have worked with FMR to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. For example, a working group comprised of Independent Trustees and FMR has worked and continues to work to review the Fidelity funds' valuation-related activities, reporting and risk management. Appropriate personnel, including but not limited to the fund's Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the fund's Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of FMR's risk management program for the Fidelity funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Fund's Trustees."

Annual Report

The fund's Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-835-5092.

Interested Trustees*:

Correspondence intended for each Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
James C. Curvey (1935)
	Year of Election or Appointment: 2007 Mr. Curvey is Trustee and Chairman of the Board of Trustees of certain Trusts. Mr. Curvey also serves as Trustee (2007-present) of other investment companies advised by FMR. Mr. Curvey is a Director of Fidelity Investments Money Management, Inc. (2009-present), Director of Fidelity Research & Analysis Co. (2009-present) and Director of FMR and FMR Co., Inc. (2007-present). Mr. Curvey is also Vice Chairman (2007-present) and Director of FMR LLC. In addition, Mr. Curvey serves as an Overseer for the Boston Symphony Orchestra and a member of the Trustees of Villanova University. Previously, Mr. Curvey was the Vice Chairman (2006-2007) and Director (2000-2007) of FMR Corp.
Ronald P. O'Hanley (1957)
	Year of Election or Appointment: 2011 Mr. O'Hanley is Director of FMR Co., Inc. (2010-present), Director of Fidelity Investments Money Management, Inc. (2010-present), Director of Fidelity Research & Analysis Company (2010-present), President of Fidelity Asset Management and Corporate Services and a member of Fidelity's Executive Committee (2010-present). Previously, Mr. O'Hanley served as President and Chief Executive Officer of BNY Mellon Asset Management (2007-2010). Mr. O'Hanley also served as Vice Chairman of Bank New York Mellon Corp. and a member of that firm's Executive Committee. Prior to the 2007 merger of The Bank of New York and Mellon Financial Corporation, he was Vice Chairman of Mellon Financial Corporation and President and Chief Executive Officer of Mellon Asset Management. He joined Mellon in February 1997. Mr. O'Hanley currently serves as Chairman of the Boston Public Library Foundation Board of Directors and sits on the Board of Directors of Beth Israel Deaconess Medical Center, the Board of Trustees of the Marine Biological Laboratory and the Advisory Board of the Maxwell School of Citizenship and Public Administration at Syracuse University. Mr. O'Hanley also chairs the Council on Asset Management for the Financial Services Roundtable and is a member of the Board of Directors of Institutional Investor's U.S. Institute.

* Trustees have been determined to be "Interested Trustees" by virtue of, among other things, their affiliation with the trust or various entities under common control with FMR.

Independent Trustees:

Correspondence intended for each Independent Trustee (that is, the Trustees other than the Interested Trustees) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
Dennis J. Dirks (1948)
	Year of Election or Appointment: 2005 Prior to his retirement in May 2003, Mr. Dirks was Chief Operating Officer and a member of the Board of The Depository Trust & Clearing Corporation (DTCC). He also served as President, Chief Operating Officer, and Board member of The Depository Trust Company (DTC) and President and Board member of the National Securities Clearing Corporation (NSCC). In addition, Mr. Dirks served as Chief Executive Officer and Board member of the Government Securities Clearing Corporation, Chief Executive Officer and Board member of the Mortgage-Backed Securities Clearing Corporation, as a Trustee and a member of the Finance Committee of Manhattan College (2005-2008), and as a Trustee and a member of the Finance Committee of AHRC of Nassau County (2006-2008). Mr. Dirks is a member of the Independent Directors Council (IDC) Governing Council (2010-present) and Board of Directors for The Brookville Center for Children's Services, Inc. (2009-present).
Alan J. Lacy (1953)
	Year of Election or Appointment: 2008 Mr. Lacy serves as Senior Adviser (2007-present) of Oak Hill Capital Partners, L.P. (private equity). Mr. Lacy also served as Chief Executive Officer (2000-2005) and Vice Chairman (2005-2006) of Sears Holdings Corporation and Sears, Roebuck and Co. (retail). In addition, Mr. Lacy serves as a member of the Board of Directors of Dave & Buster's Entertainment, Inc. (restaurant and entertainment complexes, 2010-present), Earth Fare, Inc. (retail grocery, 2012-present), The Hillman Companies, Inc. (hardware wholesalers, 2010-present), and Bristol-Myers Squibb Company (global pharmaceuticals, 2008-present). Mr. Lacy is a member of the Board of Trustees of The National Parks Conservation Association (2006-present). Previously, Mr. Lacy served as Chairman of the Board of Trustees of the National Parks Conservation Association (2008-2011) and as a member of the Board of Directors for the Western Union Company (global money transfer, 2006-2011).
Ned C. Lautenbach (1944)
	Year of Election or Appointment: 2000 Mr. Lautenbach is Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Lautenbach currently serves as the Lead Director of the Eaton Corporation Board of Directors (diversified industrial, 1997-present). Mr. Lautenbach is Chairman of the Board of Directors of the Philharmonic Center for the Arts in Naples, Florida (2012-present) and a member of the Council on Foreign Relations (1994-present). Previously, Mr. Lautenbach was a Partner/Advisory Partner at Clayton, Dubilier & Rice, LLC (private equity investment, 1998-2010), as well as a Director of Sony Corporation (2006-2007).
Joseph Mauriello (1944)
	Year of Election or Appointment: 2008 Prior to his retirement in January 2006, Mr. Mauriello served in numerous senior management positions including Deputy Chairman and Chief Operating Officer (2004-2005), and Vice Chairman of Financial Services (2002-2004) of KPMG LLP US (professional services, 1965-2005). Mr. Mauriello currently serves as a member of the Board of Directors of XL Group plc. (global insurance and re-insurance, 2006-present). Previously, Mr. Mauriello served as a Director of the Hamilton Funds of the Bank of New York (2006-2007) and of Arcadia Resources Inc. (health care services and products, 2007-2012).
Robert W. Selander (1950)
	Year of Election or Appointment: 2011 Previously, Mr. Selander served as a Member of the Advisory Board of Fidelity's Equity and High Income Funds (2011), Executive Vice Chairman (2010), Chief Executive Officer (2009-2010), and President and Chief Executive Officer (1997-2009) of Mastercard, Inc.
Cornelia M. Small (1944)
	Year of Election or Appointment: 2005 Ms. Small is a member of the Board of Directors (2009-present) and Chair of the Investment Committee (2010-present) of the Teagle Foundation. Ms. Small also serves on the Investment Committee of the Berkshire Taconic Community Foundation (2008-present). Previously, Ms. Small served as Chairperson (2002-2008) and a member of the Investment Committee and Chairperson (2008-2012) and a member of the Board of Trustees of Smith College. In addition, Ms. Small served as Chief Investment Officer, Director of Global Equity Investments, and a member of the Board of Directors of Scudder, Stevens & Clark and Scudder Kemper Investments.
William S. Stavropoulos (1939)
	Year of Election or Appointment: 2001 Mr. Stavropoulos is Vice Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Stavropoulos serves as President and Founder of the Michigan Baseball Foundation, the Great Lakes Loons (2007-present). Mr. Stavropoulos is Chairman Emeritus of the Board of Directors of The Dow Chemical Company, where he previously served in numerous senior management positions, including President, CEO (1995-2000; 2002-2004), Chairman of the Executive Committee (2000-2006), and as a member of the Board of Directors (1990-2006). Currently, Mr. Stavropoulos is a Director of Univar Inc. (global distributor of commodity and specialty chemicals, Chairman from 2010-May 2012 and Lead Director from May 2012-present), Teradata Corporation (data warehousing and technology solutions, 2008-present), Maersk Inc. (industrial conglomerate), and Tyco International, Ltd. (multinational manufacturing and services, 2007-present), and a member of the Advisory Board for Metalmark Capital LLC (private equity investment, 2005-present). Mr. Stavropoulos is an operating advisor to Clayton, Dubilier & Rice, LLC (private equity investment). In addition, Mr. Stavropoulos is a member of the University of Notre Dame Advisory Council for the College of Science, a Trustee of the Rollin L. Gerstacker Foundation, and a Director of the Naples Philharmonic Center for the Arts. Previously, Mr. Stavropoulos served as a Director of Chemical Financial Corporation (bank holding company, 1993-2012).
David M. Thomas (1949)
	Year of Election or Appointment: 2008 Previously, Mr. Thomas served as Executive Chairman (2005-2006) and Chairman and Chief Executive Officer (2000-2005) of IMS Health, Inc. (pharmaceutical and healthcare information solutions), and a Director of Fortune Brands, Inc. (consumer products, 2000-2011). In addition, Mr. Thomas serves as Non-Executive Chairman of the Board of Directors of Fortune Brands Home and Security (home and security products, 2011-present), and as a member of the Board of Directors of Interpublic Group of Companies, Inc. (marketing communication, 2004-present).
Michael E. Wiley (1950)
	Year of Election or Appointment: 2008 Mr. Wiley also serves as a Director of Asia Pacific Exploration Consolidated (international oil and gas exploration and production, 2008-present). Mr. Wiley serves as a Director of Tesoro Corporation (independent oil refiner and marketer, 2005-present), and a Director of Bill Barrett Corporation (exploration and production, 2005-present). In addition, Mr. Wiley also serves as a Director of Post Oak Bank (privately-held bank, 2004-present). Previously, Mr. Wiley served as a member of the Board of Trustees of the University of Tulsa (2000-2006; 2007-2010), as a Senior Energy Advisor of Katzenbach Partners, LLC (consulting, 2006-2007), as an Advisory Director of Riverstone Holdings (private investment), Chairman, President, and CEO of Baker Hughes, Inc. (oilfield services, 2000-2004), and as Director of Spinnaker Exploration Company (exploration and production, 2001-2005).

Advisory Board Members and Executive Officers:

Name, Year of Birth; Principal Occupation
Peter S. Lynch (1944)
	Year of Election or Appointment: 2003 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Mr. Lynch is Vice Chairman and a Director of FMR and FMR Co., Inc. In addition, Mr. Lynch serves as a Trustee of Boston College and as the Chairman of the Inner-City Scholarship Fund. Previously, Mr. Lynch served on the Special Olympics International Board of Directors (1997-2006).
David A. Rosow (1942)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Chairman and Chief Executive Officer of International Golf Group, Inc. (golf course development, 1989-present). Previously, Mr. Rosow served as Chairman and Chief Executive Officer of Rosow & Company, Inc. (private investment company, 1989-2011), a Lead Director of Hudson United Bancorp (2001-2006) and as a Director of TD Banknorth (1996-2006). In addition, Mr. Rosow is a member (2008-present) and President (2009-present) of the Town Council of Palm Beach, Florida.
Garnett A. Smith (1947)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Prior to Mr. Smith's retirement, he served as Chairman and Chief Executive Officer of Inbrand Corp. (manufacturer of personal absorbent products, 1990-1997). He also served as President (1986-1990) of Inbrand Corp. Prior to his employment with Inbrand Corp., he was employed by a retail fabric chain and North Carolina National Bank. In addition, Mr. Smith is a board member of the Jackson Hole Land Trust (2009-present).
Kenneth B. Robins (1969)
	Year of Election or Appointment: 2008 President and Treasurer of Fidelity's Equity and High Income Funds. Mr. Robins also serves as President and Treasurer (2010-present) and Assistant Treasurer (2009-present) of other Fidelity funds and is an employee of Fidelity Investments (2004-present). Previously, Mr. Robins served as Deputy Treasurer of the Fidelity funds (2005-2008) and Treasurer and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2006-2008).
Bruce T. Herring (1965)
	Year of Election or Appointment: 2006 Vice President of certain Equity Funds. Mr. Herring also serves as Chief Investment Officer of Fidelity Global Asset Allocation (GAA) (2013-present), Chief Investment Officer and Director of Fidelity Management & Research (U.K.) Inc. (2010-present), Group Chief Investment Officer of FMR, and President of Fidelity Research & Analysis Company (2010-present). Previously, Mr. Herring served as Vice President (2005-2006) and Senior Vice President (2006-2007) of Fidelity Management & Research Company, Vice President of FMR Co., Inc. (2001-2007) and as a portfolio manager for Fidelity U.S. Equity Funds.
Brian B. Hogan (1964)
	Year of Election or Appointment: 2009 Vice President of Equity and High Income Funds. Mr. Hogan also serves as President of FMR's Equity Division (2009-present). Previously, Mr. Hogan served as Senior Vice President, Equity Research of FMR (2006-2009) and as a portfolio manager.
Scott C. Goebel (1968)
	Year of Election or Appointment: 2008 Secretary and Chief Legal Officer (CLO) of the Fidelity funds. Mr. Goebel also serves as Secretary of Fidelity Investments Money Management, Inc. (FIMM) (2010-present) and Fidelity Research and Analysis Company (FRAC) (2010-present); Secretary and CLO of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present); General Counsel, Secretary, and Senior Vice President of FMR (2008-present) and FMR Co., Inc. (2008-present); employed by FMR LLC or an affiliate (2001-present); Chief Legal Officer of Fidelity Management & Research (Hong Kong) Limited (2008-present) and Assistant Secretary of Fidelity Management & Research (Japan) Inc. (2008-present), and Fidelity Management & Research (U.K.) Inc. (2008-present). Previously, Mr. Goebel served as Assistant Secretary of FIMM (2008-2010), FRAC (2008-2010), and the Funds (2007-2008) and as Vice President and Secretary of Fidelity Distributors Corporation (FDC) (2005-2007).
William C. Coffey (1969)
	Year of Election or Appointment: 2009 Assistant Secretary of Fidelity's Equity and High Income Funds. Mr. Coffey also serves as Senior Vice President and Deputy General Counsel of FMR LLC (2010-present), and is an employee of Fidelity Investments. Previously, Mr. Coffey served as Vice President and Associate General Counsel of FMR LLC (2005-2009).
Elizabeth Paige Baumann (1968)
	Year of Election or Appointment: 2012 Anti-Money Laundering (AML) Officer of the Fidelity funds. Ms. Baumann also serves as AML Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2012-present), Chief AML Officer of FMR LLC (2012-present), and is an employee of Fidelity Investments. Previously, Ms. Baumann served as Vice President and Deputy Anti-Money Laundering Officer (2007-2012).
Christine Reynolds (1958)
	Year of Election or Appointment: 2008 Chief Financial Officer of the Fidelity funds. Ms. Reynolds became President of Fidelity Pricing and Cash Management Services (FPCMS) in August 2008. Ms. Reynolds served as Chief Operating Officer of FPCMS (2007-2008). Previously, Ms. Reynolds served as President, Treasurer, and Anti-Money Laundering officer of the Fidelity funds (2004-2007).
Joseph A. Hanlon (1968)
	Year of Election or Appointment: 2012 Chief Compliance Officer of Fidelity's Equity and High Income Funds. Mr. Hanlon serves as Compliance Officer of FMR, FMR Co., Inc., Fidelity Investments Money Management, Inc. (FIMM), Fidelity Research and Analysis Company (FRAC), Fidelity Management & Research (Japan) Inc., Fidelity Management & Research (U.K.) Inc., Fidelity Management & Research (Hong Kong), and Strategic Advisers, Inc. (2009-present), as Senior Vice President of the Fidelity Asset Management Division (2009-present), and is an employee of Fidelity Investments.
Joseph F. Zambello (1957)
	Year of Election or Appointment: 2011 Deputy Treasurer of the Fidelity funds. Mr. Zambello is an employee of Fidelity Investments. Previously, Mr. Zambello served as Vice President of FMR's Program Management Group (2009-2011) and Vice President of the Transfer Agent Oversight Group (2005-2009).
Adrien E. Deberghes (1967)
	Year of Election or Appointment: 2008 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Deberghes also serves as Vice President (2011-present) and Assistant Treasurer (2010-present) of other Fidelity funds, and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005).
Stephen Sadoski (1971)
	Year of Election or Appointment: 2012 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Sadoski also serves as Deputy Treasurer of other Fidelity funds (2013-present) and is an employee of Fidelity Investments (2012-present). Previously, Mr. Sadoski served as Assistant Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2012-2013), an assistant chief accountant in the Division of Investment Management of the Securities and Exchange Commission (SEC) (2009-2012) and as a senior manager at Deloitte & Touche (1997-2009).
Stacie Smith (1974)
	Year of Election or Appointment: 2013 Deputy Treasurer of Fidelity's Equity and High Income Funds. Ms. Smith is an employee of Fidelity Investments (2009-present). Previously, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (1996-2009).
Stephanie J. Dorsey (1969)
	Year of Election or Appointment: 2010 Assistant Treasurer of Fidelity's Equity and High Income Funds. Ms. Dorsey also serves as President and Treasurer (2013-present) and Assistant Treasurer (2012-present) of other Fidelity funds and is an employee of Fidelity Investments (2008-present). Previously, Ms. Dorsey served as Deputy Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013), Treasurer (2004-2008) of the JPMorgan Mutual Funds and Vice President (2004-2008) of JPMorgan Chase Bank.
John R. Hebble (1958)
	Year of Election or Appointment: 2009 Assistant Treasurer of Fidelity's Equity and High Income Funds. Mr. Hebble also serves as President (2011-present), Treasurer, and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present) and is an employee of Fidelity Investments. Previously, Mr. Hebble served as President and Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013).
Gary W. Ryan (1958)
	Year of Election or Appointment: 2005 Assistant Treasurer of the Fidelity funds. Mr. Ryan is an employee of Fidelity Investments. Previously, Mr. Ryan served as Vice President of Fund Reporting in Fidelity Pricing and Cash Management Services (FPCMS) (1999-2005).
Jonathan Davis (1968)
	Year of Election or Appointment: 2010 Assistant Treasurer of the Fidelity funds. Mr. Davis is also Assistant Treasurer of Fidelity Rutland Square Trust II and Fidelity Commonwealth Trust II. Mr. Davis is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (2003-2010).

Annual Report

Distributions (Unaudited)

Class F designates 99% and 95%, of the dividends distributed in April and December, respectively, during the fiscal year as qualifying for the dividends-received deduction for corporate shareholders.

Class F designates 100% and 98% of the dividends distributed in April and December, respectively, during the fiscal year as amounts which may be taken into account as a dividend for the purposes of the maximum rate under section 1(h)(11) of the Internal Revenue Code.

The fund will notify shareholders in January 2014 of amounts for use in preparing 2013 income tax returns.

Annual Report

Investment Adviser

Fidelity Management & Research Company
Boston, MA

Investment Sub-Advisers

FMR Co., Inc.

Geode Capital Management, LLC

General Distributor

Fidelity Distributors Corporation
Smithfield, RI

Transfer and Service Agents

Fidelity Investments Institutional
Operations Company, Inc.
Boston, MA

Fidelity Service Company, Inc.
Boston, MA

Custodian

The Bank of New York Mellon
New York, NY

(Fidelity Investment logo)(registered trademark)
Corporate Headquarters
245 Summer St., Boston, MA 02210
www.fidelity.com

STI-F-ANN-0413
1.899048.103

Spartan® Total Market Index

Spartan Extended Market Index

Spartan International Index

Funds -
Institutional Class
Fidelity Advantage® Institutional Class

Annual Report

(Fidelity Cover Art)

February 28, 2013

Spartan® Total Market Index Fund	(Click Here)	Shareholder Expense Example
	(Click Here)	Performance
	(Click Here)	Management's Discussion
	(Click Here)	Investment Changes
	(Click Here)	Investments
	(Click Here)	Financial Statements
	(Click Here)	Notes to the Financial Statements

Shareholder Expense Example	(Click Here)	An example of shareholder expenses

Spartan Extended Market Index Fund	(Click Here)	Performance
	(Click Here)	Management's Discussion
	(Click Here)	Investment Changes
	(Click Here)	Investments
	(Click Here)	Financial Statements

Spartan International Index Fund	(Click Here)	Performance
	(Click Here)	Management's Discussion
	(Click Here)	Investment Changes
	(Click Here)	Investments
	(Click Here)	Financial Statements

Notes	(Click Here)	Notes to the Financial Statements
Report of Independent Registered Public Accounting Firm	(Click Here)
Trustees and Officers	(Click Here)
Distributions	(Click Here)

To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov. You may also call 1-800-835-5092 to request a free copy of the proxy voting guidelines.

Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.

Other third-party marks appearing herein are the property of their respective owners.

This report and the financial statements contained herein are submitted for the general information of the shareholders of the funds. This report is not authorized for distribution to prospective investors in the funds unless preceded or accompanied by an effective prospectus.

NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE

Neither the funds nor Fidelity Distributors Corporation is a bank.

Annual Report

Spartan Total Market Index Fund

Shareholder Expense Example

The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2012 to February 28, 2013).

Actual Expenses

Hypothetical Example for Comparison Purposes

	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Investor Class	.100%
Actual		$ 1,000.00	$ 1,097.70	$ .52
Hypothetical^A		$ 1,000.00	$ 1,024.30	$ .50
Fidelity Advantage Class	.070%
Actual		$ 1,000.00	$ 1,098.20	$ .36
Hypothetical^A		$ 1,000.00	$ 1,024.45	$ .35
Institutional Class	.060%
Actual		$ 1,000.00	$ 1,098.10	$ .31
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30
Fidelity Advantage Institutional Class	.045%
Actual		$ 1,000.00	$ 1,098.20	$ .23
Hypothetical^A		$ 1,000.00	$ 1,024.60	$ .23
Class F	.046%
Actual		$ 1,000.00	$ 1,098.10	$ .24
Hypothetical^A		$ 1,000.00	$ 1,024.55	$ .23

^A 5% return per year before expenses

* Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

Annual Report

Spartan® Total Market Index Fund

Performance: The Bottom Line

Average annual total return reflects the change in the value of an investment, assuming reinvestment of the class' distributions from dividend income and capital gains (the profits earned upon the sale of securities that have grown in value, if any) and assuming a constant rate of performance each year. The $10,000 table and the fund's returns does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. During periods of reimbursement by Fidelity, a fund's total return will be greater than it would be had the reimbursement not occurred. How a fund did yesterday is no guarantee of how it will do tomorrow.

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Spartan® Total Market Index Fund - Institutional Class^A	13.55%	5.50%	9.06%
Spartan Total Market Index Fund - Fidelity Advantage® Institutional Class^B	13.57%	5.50%	9.06%

^A The initial offering of Institutional Class shares took place September 8, 2011. Returns between October 14, 2005 and September 8, 2011 are those of Fidelity Advantage Class. Returns prior to October 14, 2005 are those of Investor Class.

^B The initial offering of Fidelity Advantage® Institutional Class shares took place September 8, 2011. Returns between October 14, 2005 and September 8, 2011 are those of Fidelity Advantage Class. Returns prior to October 14, 2005 are those of Investor Class.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan Total Market Index Fund - Institutional Class on on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the Dow Jones U.S. Total Stock Market Index^SM performed over the same period. The initial offering of Institutional Class took place on September 8, 2011. See above for additional information regarding the performance of Institutional Class.

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Annual Report

Spartan Total Market Index Fund

Management's Discussion of Fund Performance

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® Total Market Index Fund: For the year, the fund's Institutional Class and Fidelity Advantage® Institutional Class shares gained 13.55% and 13.57%, respectively, in line with the 13.56% advance of the fund's benchmark, the Dow Jones U.S. Total Stock Market Index^SM. All 10 market sectors in the index generated positive performance, with only three groups - information technology, energy and materials - producing a single-digit gain. Leading the rest were telecommunication services, health care and financials, which returned about 23%, 22% and 22%, respectively. The fund's top individual contributor in absolute terms was Pfizer, a pharmaceutical firm whose shares were up about 35% for the 12-month period. Industrial conglomerate General Electric added value, as did Internet search leader Google. In the financials sector, Berkshire Hathaway, the insurance-focused conglomerate run by billionaire investor Warren Buffett, also did well, as did global financial services institution JPMorgan Chase and telecommunication services provider AT&T, whose shares rose about 24%. The biggest absolute detractor by far was Apple, the personal electronics and computer manufacturer, whose shares returned about -17%, with the negative impact magnified by the stock's large weighting in both the index and fund. Several other notable technology stocks held back results, including microprocessor company Intel and software manufacturer Microsoft. In the energy sector, Apache and Occidental Petroleum saw its shares drop by roughly 31% and 19%, respectively, while Caterpillar, a manufacturer of construction equipment and other heavy machinery, hampered results as well.

Annual Report

Spartan Total Market Index Fund

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Apple, Inc.	2.5	4.0
Exxon Mobil Corp.	2.4	2.6
General Electric Co.	1.5	1.4
Chevron Corp.	1.4	1.4
IBM Corp.	1.3	1.4
Google, Inc. Class A	1.3	1.1
Johnson & Johnson	1.3	1.2
Microsoft Corp.	1.3	1.5
Procter & Gamble Co.	1.2	1.2
AT&T, Inc.	1.2	1.4
	15.4
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Information Technology	17.4	19.3
Financials	17.0	15.7
Consumer Discretionary	12.0	11.9
Health Care	11.8	11.6
Industrials	11.1	10.5
Energy	10.2	10.1
Consumer Staples	9.3	9.6
Materials	3.8	3.8
Utilities	3.5	3.5
Telecommunication Services	2.6	2.8

Annual Report

Spartan Total Market Index Fund

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 98.7%
	Shares		Value
CONSUMER DISCRETIONARY - 12.0%
Auto Components - 0.4%
Allison Transmission Holdings, Inc.	27,992		$ 646,615
American Axle & Manufacturing Holdings, Inc. (a)(d)	58,540		740,531
BorgWarner, Inc. (a)(d)	106,804		7,947,286
Cooper Tire & Rubber Co.	54,354		1,374,069
Dana Holding Corp. (d)	143,074		2,393,628
Dorman Products, Inc. (d)	25,196		880,852
Drew Industries, Inc.	16,139		587,137
Exide Technologies (a)	55,732		149,362
Federal-Mogul Corp. Class A (a)(d)	43,356		350,316
Fuel Systems Solutions, Inc. (a)	13,525		187,862
Gentex Corp. (d)	141,938		2,661,338
Gentherm, Inc. (a)(d)	22,586		347,824
Johnson Controls, Inc.	645,200		20,304,444
Lear Corp.	91,325		4,878,582
Modine Manufacturing Co. (a)	32,309		266,226
Motorcar Parts of America, Inc. (a)	7,628		41,725
Quantum Fuel Systems Technologies Worldwide, Inc. (a)(d)	46,888		32,353
Spartan Motors, Inc.	44,931		237,685
Standard Motor Products, Inc.	17,952		443,953
Stoneridge, Inc. (a)	17,302		111,598
Strattec Security Corp.	672		19,118
Superior Industries International, Inc.	24,943		542,510
Tenneco, Inc. (a)	52,551		1,861,882
The Goodyear Tire & Rubber Co. (a)	217,777		2,826,745
Tower International, Inc. (a)	4,070		49,003
TRW Automotive Holdings Corp. (a)	95,106		5,581,771
UQM Technologies, Inc. (a)(d)	38,648		28,986
Visteon Corp. (a)	49,291		2,872,679
			58,366,080
Automobiles - 0.5%
Ford Motor Co.	3,560,625		44,899,481
General Motors Co. (a)(d)	721,012		19,575,476
Harley-Davidson, Inc.	211,628		11,137,982
Tesla Motors, Inc. (a)(d)	70,970		2,471,885
Thor Industries, Inc. (d)	39,293		1,477,024
Winnebago Industries, Inc. (a)(d)	22,867		443,162
			80,005,010
Distributors - 0.1%
Core-Mark Holding Co., Inc.	8,027		384,654
Genuine Parts Co.	144,858		10,289,264
LKQ Corp. (a)	282,518		5,986,556
Pool Corp. (d)	41,433		1,894,317
VOXX International Corp. (a)	18,073		179,826
Weyco Group, Inc.	1,992		45,936
			18,780,553
Diversified Consumer Services - 0.2%
American Public Education, Inc. (a)(d)	16,975		661,686

	Shares		Value
Apollo Group, Inc. Class A (non-vtg.) (a)(d)	111,836		$ 1,886,673
Ascent Capital Group, Inc. (a)	16,905		1,159,514
Bridgepoint Education, Inc. (a)	11,294		115,312
Bright Horizons Family Solutions, Inc. (d)	9,900		276,804
Capella Education Co. (a)(d)	13,812		437,288
Career Education Corp. (a)	44,821		143,427
Carriage Services, Inc.	4,102		74,656
Coinstar, Inc. (a)(d)	24,683		1,263,523
Collectors Universe, Inc. (d)	4,772		52,826
Corinthian Colleges, Inc. (a)	84,173		179,288
DeVry, Inc. (d)	60,163		1,803,687
Education Management Corp. (a)(d)	26,671		94,949
Grand Canyon Education, Inc. (a)(d)	30,849		738,834
H&R Block, Inc. (d)	269,674		6,704,096
Hillenbrand, Inc.	60,464		1,492,856
ITT Educational Services, Inc. (a)(d)	22,063		304,028
K12, Inc. (a)(d)	35,687		744,074
Learning Tree International, Inc. (a)	3,285		12,450
LifeLock, Inc. (d)	15,276		177,965
Lincoln Educational Services Corp. (d)	15,671		98,884
Mac-Gray Corp.	7,087		88,021
Matthews International Corp. Class A	31,601		1,042,833
National American University Holdings, Inc.	5,378		20,920
Regis Corp.	37,626		678,021
Service Corp. International	236,136		3,669,553
Sotheby's Class A (Ltd. vtg.) (d)	59,342		2,268,645
Steiner Leisure Ltd. (a)	10,649		502,100
Stewart Enterprises, Inc. Class A (d)	55,722		471,965
Strayer Education, Inc. (d)	14,558		714,652
Universal Technical Institute, Inc.	29,419		343,026
Weight Watchers International, Inc. (d)	21,193		907,908
			29,130,464
Hotels, Restaurants & Leisure - 2.0%
AFC Enterprises, Inc. (a)	18,286		548,580
Ambassadors Group, Inc.	24,177		108,797
Ameristar Casinos, Inc.	27,501		720,526
Bally Technologies, Inc. (a)(d)	46,562		2,223,336
Biglari Holdings, Inc. (a)	607		227,249
BJ's Restaurants, Inc. (a)(d)	21,746		669,559
Bloomin' Brands, Inc. (d)	25,018		430,560
Bluegreen Corp. (a)	6,427		62,728
Bob Evans Farms, Inc.	27,901		1,135,571
Boyd Gaming Corp. (a)(d)	49,786		327,094
Bravo Brio Restaurant Group, Inc. (a)	12,451		187,761
Brinker International, Inc.	62,217		2,076,803
Buffalo Wild Wings, Inc. (a)(d)	13,815		1,087,102
Burger King Worldwide, Inc.	82,686		1,509,020
Caesars Entertainment Corp. (d)	22,500		281,250
Carnival Corp. unit	412,990		14,772,652
Carrols Restaurant Group, Inc. (a)	6,381		33,947
CEC Entertainment, Inc.	20,553		621,728
Chipotle Mexican Grill, Inc. (a)(d)	29,079		9,211,936
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Hotels, Restaurants & Leisure - continued
Choice Hotels International, Inc. (d)	44,031		$ 1,674,499
Churchill Downs, Inc.	10,397		685,994
Chuys Holdings, Inc. (d)	5,695		162,364
Cosi, Inc. (a)(d)	46,943		40,840
Cracker Barrel Old Country Store, Inc. (d)	18,601		1,400,283
Darden Restaurants, Inc. (d)	117,392		5,431,728
Del Frisco's Restaurant Group, Inc. (a)(d)	5,543		97,501
Denny's Corp. (a)	71,197		402,975
DineEquity, Inc.	12,829		896,619
Domino's Pizza, Inc. (d)	66,862		3,183,968
Dover Downs Gaming & Entertainment, Inc.	1,508		3,514
Dover Motorsports, Inc.	9,993		16,988
Dunkin' Brands Group, Inc. (d)	91,395		3,395,324
Einstein Noah Restaurant Group, Inc.	3,797		51,032
Empire Resorts, Inc. (a)	4,429		8,902
Entertainment Gaming Asia, Inc. (a)	8,246		16,162
Famous Dave's of America, Inc. (a)	2,311		22,740
Fiesta Restaurant Group, Inc. (a)	11,401		257,663
Frisch's Restaurants, Inc.	500		9,510
Hyatt Hotels Corp. Class A (a)	51,855		2,130,722
Ignite Restaurant Group, Inc. (a)	4,841		67,968
International Game Technology	268,403		4,278,344
International Speedway Corp. Class A (d)	20,854		628,540
Interval Leisure Group, Inc.	29,497		615,602
Isle of Capri Casinos, Inc. (a)	20,657		136,956
Jack in the Box, Inc. (a)(d)	42,139		1,334,121
Jamba, Inc. (a)(d)	95,683		267,912
Kona Grill, Inc. (a)	4,029		34,247
Krispy Kreme Doughnuts, Inc. (a)(d)	61,696		814,387
Lakes Entertainment, Inc. (a)	2,872		8,673
Las Vegas Sands Corp.	337,364		17,370,872
Life Time Fitness, Inc. (a)(d)	34,454		1,451,892
Luby's, Inc. (a)	14,614		118,958
Marcus Corp.	22,859		279,108
Marriott International, Inc. Class A	251,677		9,928,658
Marriott Vacations Worldwide Corp. (a)	23,385		964,865
McDonald's Corp.	936,159		89,777,648
MGM Mirage, Inc. (a)	344,041		4,297,072
Monarch Casino & Resort, Inc. (a)	4,802		48,308
Morgans Hotel Group Co. (a)(d)	27,678		135,899
MTR Gaming Group, Inc. (a)	11,304		43,520
Multimedia Games Holding Co., Inc. (a)	20,726		387,576
Norwegian Cruise Line Holdings Ltd.	22,900		709,442
Orient Express Hotels Ltd. Class A (a)	89,796		927,593
Panera Bread Co. Class A (a)(d)	26,570		4,276,442
Papa John's International, Inc. (a)	19,260		1,001,713
Penn National Gaming, Inc. (a)(d)	61,522		3,066,872
Pinnacle Entertainment, Inc. (a)(d)	61,922		866,908
Premier Exhibitions, Inc. (a)	7,733		17,786

	Shares		Value
Red Lion Hotels Corp. (a)	3,129		$ 22,560
Red Robin Gourmet Burgers, Inc. (a)(d)	21,139		906,440
Rick's Cabaret International, Inc. (a)	5,726		48,728
Royal Caribbean Cruises Ltd.	140,250		4,890,518
Ruby Tuesday, Inc. (a)	44,363		325,624
Ruth's Hospitality Group, Inc. (a)(d)	33,916		307,279
Scientific Games Corp. Class A (a)	45,645		410,805
SHFL Entertainment, Inc. (a)	42,130		668,182
Six Flags Entertainment Corp. (d)	50,207		3,354,330
Sonic Corp. (a)(d)	98,965		1,117,315
Speedway Motorsports, Inc.	7,569		123,072
Starbucks Corp.	694,872		38,092,883
Starwood Hotels & Resorts Worldwide, Inc.	178,617		10,775,964
Texas Roadhouse, Inc. Class A	57,171		1,105,687
The Cheesecake Factory, Inc.	39,940		1,383,522
Town Sports International Holdings, Inc.	13,107		121,502
Vail Resorts, Inc. (d)	30,368		1,677,528
Wendy's Co.	250,660		1,426,255
WMS Industries, Inc. (a)	45,733		1,145,154
Wyndham Worldwide Corp.	137,748		8,297,940
Wynn Resorts Ltd.	72,102		8,428,724
Yum! Brands, Inc.	422,304		27,652,466
			312,265,887
Household Durables - 0.5%
American Greetings Corp. Class A (d)	30,155		488,511
Bassett Furniture Industries, Inc.	1,947		28,329
Beazer Homes USA, Inc. (a)(d)	22,468		349,827
Blyth, Inc. (d)	16,038		229,183
Cavco Industries, Inc. (a)(d)	9,813		442,664
Cobra Electronics Corp. (a)	1,032		3,468
CSS Industries, Inc.	16,118		386,993
D.R. Horton, Inc. (d)	256,142		5,711,967
Dixie Group, Inc. (a)	2,977		12,742
Emerson Radio Corp. (a)	23,724		39,145
Ethan Allen Interiors, Inc. (d)	19,507		545,026
Flexsteel Industries, Inc.	2,547		58,581
Furniture Brands International, Inc. (a)(d)	57,083		51,946
Garmin Ltd.	105,419		3,620,088
Harman International Industries, Inc.	71,938		3,053,768
Helen of Troy Ltd. (a)	30,506		1,131,162
Hooker Furniture Corp. (d)	13,495		202,560
Hovnanian Enterprises, Inc. Class A (a)(d)	177,163		1,036,404
iRobot Corp. (a)	21,633		463,812
Jarden Corp. (d)	66,002		4,099,384
KB Home (d)	64,653		1,208,365
Kid Brands, Inc. (a)	16,651		25,643
Koss Corp.	2,669		13,212
La-Z-Boy, Inc.	54,902		1,005,805
Leggett & Platt, Inc. (d)	123,614		3,780,116
Lennar Corp. Class A (d)	143,081		5,521,496
Libbey, Inc. (a)(d)	16,641		305,362
Lifetime Brands, Inc.	2,385		25,925
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Household Durables - continued
M.D.C. Holdings, Inc. (d)	26,306		$ 1,010,940
M/I Homes, Inc. (a)(d)	24,871		569,546
Meritage Homes Corp. (a)(d)	46,552		1,884,890
Mohawk Industries, Inc. (a)	51,902		5,502,650
NACCO Industries, Inc. Class A	6,219		361,262
Newell Rubbermaid, Inc.	259,791		6,063,522
NVR, Inc. (a)	4,152		4,190,198
PulteGroup, Inc. (a)	312,266		5,989,262
Ryland Group, Inc. (d)	35,461		1,266,667
Sealy Corp., Inc. (a)(d)	70,121		152,864
Skullcandy, Inc. (a)(d)	12,653		77,183
Skyline Corp. (a)	21,741		99,791
Standard Pacific Corp. (a)	98,412		801,074
Stanley Furniture Co., Inc. (a)	5,699		26,443
Tempur-Pedic International, Inc. (a)(d)	59,637		2,449,292
Toll Brothers, Inc. (a)(d)	127,535		4,351,494
TRI Pointe Homes, Inc. (d)	13,100		241,040
Tupperware Brands Corp.	50,496		3,950,302
Universal Electronics, Inc. (a)(d)	14,332		280,047
Whirlpool Corp.	72,373		8,174,530
Zagg, Inc. (a)(d)	21,268		155,894
			81,440,375
Internet & Catalog Retail - 1.0%
1-800-FLOWERS.com, Inc. Class A (a)	24,206		104,086
Amazon.com, Inc. (a)	338,066		89,340,702
Blue Nile, Inc. (a)(d)	11,337		384,664
dELiA*s, Inc. (a)	2,977		3,066
Expedia, Inc.	85,724		5,472,620
Gaiam, Inc. Class A (a)(d)	12,609		45,897
Geeknet, Inc. (a)	2,810		44,988
Groupon, Inc. Class A (a)	268,227		1,215,068
Hollywood Media Corp. (a)	1,032		1,373
HomeAway, Inc. (a)	35,174		1,037,633
HSN, Inc.	33,708		1,803,378
Kayak Software Corp. (d)	3,291		131,212
Liberty Media Corp.:
Interactive Series A (a)	531,914		11,106,364
Series A (a)	25,697		1,855,323
Netflix, Inc. (a)	51,856		9,753,076
NutriSystem, Inc. (d)	26,922		221,568
Orbitz Worldwide, Inc. (a)	31,286		133,278
Overstock.com, Inc. (a)(d)	14,467		168,107
PetMed Express, Inc.	32,292		408,494
priceline.com, Inc. (a)	46,413		31,912,651
Shutterfly, Inc. (a)(d)	25,110		1,086,761
TripAdvisor, Inc. (a)	101,113		4,596,597
U.S. Auto Parts Network, Inc. (a)(d)	5,048		6,613
ValueVision Media, Inc. Class A (a)(d)	18,644		48,847
Vitacost.com, Inc. (a)(d)	15,384		113,688
			160,996,054

	Shares		Value
Leisure Equipment & Products - 0.2%
Arctic Cat, Inc. (a)(d)	18,718		$ 680,025
Black Diamond, Inc. (a)(d)	20,004		159,632
Brunswick Corp. (d)	80,071		2,917,787
Callaway Golf Co.	77,147		518,428
Hasbro, Inc. (d)	104,633		4,187,413
JAKKS Pacific, Inc. (d)	19,661		239,471
Johnson Outdoors, Inc. Class A (a)	3,505		80,194
Leapfrog Enterprises, Inc. Class A (a)(d)	33,741		289,160
Marine Products Corp.	11,741		78,900
Mattel, Inc.	313,552		12,777,244
Meade Instruments Corp. (a)	112		179
Nautilus, Inc. (a)	5,159		29,509
Polaris Industries, Inc.	59,267		5,178,158
Smith & Wesson Holding Corp. (a)(d)	80,794		771,583
Steinway Musical Instruments, Inc. (a)	4,620		103,765
Sturm, Ruger & Co., Inc.	24,417		1,333,412
Summer Infant, Inc. (a)	32,605		66,188
			29,411,048
Media - 3.3%
A.H. Belo Corp. Class A	22,177		111,550
AMC Networks, Inc. Class A (a)	52,862		3,034,279
Arbitron, Inc.	37,846		1,772,707
Ballantyne of Omaha, Inc. (a)	17,964		64,850
Belo Corp. Series A (d)	87,121		752,725
Cablevision Systems Corp. - NY Group Class A	252,827		3,537,050
Carmike Cinemas, Inc. (a)	21,753		340,652
CBS Corp. Class B	552,084		23,954,925
Central European Media Enterprises Ltd. Class A (a)(d)	17,504		91,546
Charter Communications, Inc. Class A (a)(d)	40,337		3,484,713
Cinemark Holdings, Inc.	88,767		2,467,723
Clear Channel Outdoor Holding, Inc. Class A	41,131		312,596
Comcast Corp. Class A	2,481,691		98,746,485
Crown Media Holdings, Inc. Class A (a)	24,979		47,960
Cumulus Media, Inc. Class A (a)(d)	68,791		224,947
Dex One Corp. (a)	62,269		110,839
Digital Cinema Destinations Co.	1,935		11,571
Digital Generation, Inc. (a)(d)	26,444		204,941
DIRECTV (a)	572,344		27,569,810
Discovery Communications, Inc. (a)(d)	222,440		16,311,525
DISH Network Corp. Class A	211,095		7,346,106
DreamWorks Animation SKG, Inc. Class A (a)(d)	70,761		1,174,633
E.W. Scripps Co. Class A (a)	24,274		262,402
Emmis Communications Corp. Class A (a)	7,973		12,837
Entercom Communications Corp. Class A (a)(d)	21,235		159,475
Entravision Communication Corp. Class A	63,982		127,964
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Media - continued
FAB Universal Corp. (a)(d)	3,212		$ 11,242
Fisher Communications, Inc.	2,670		98,176
Gannett Co., Inc.	200,317		4,020,362
Gray Television, Inc. (a)	29,764		124,116
Harris Interactive, Inc. (a)	5,389		8,892
Harte-Hanks, Inc.	45,482		330,654
Insignia Systems, Inc. (a)	5,038		9,723
Interpublic Group of Companies, Inc.	397,857		5,084,612
John Wiley & Sons, Inc. Class A (d)	46,973		1,718,272
Journal Communications, Inc. Class A (a)	23,068		126,182
Lamar Advertising Co. Class A (a)	69,336		3,206,097
Liberty Global, Inc. Class A (a)(d)	233,612		16,093,531
Liberty Media Corp. Class A (a)	105,746		11,420,568
LIN TV Corp. Class A (a)(d)	36,007		409,400
Live Nation Entertainment, Inc. (a)(d)	134,515		1,424,514
Martha Stewart Living Omnimedia, Inc. Class A (a)(d)	39,255		100,885
Media General, Inc. Class A (a)(d)	21,745		106,333
Meredith Corp. (d)	34,788		1,461,792
Morningstar, Inc.	26,885		1,843,773
National CineMedia, Inc.	40,280		614,270
Navarre Corp. (a)	5,954		11,968
News Corp. Class A	1,885,020		54,288,576
Nexstar Broadcasting Group, Inc. Class A	20,803		309,133
Omnicom Group, Inc.	246,402		14,175,507
Outdoor Channel Holdings, Inc.	3,578		26,728
Pandora Media, Inc. (a)(d)	80,080		976,976
Radio One, Inc. Class D (non-vtg.) (a)(d)	32,336		46,564
ReachLocal, Inc. (a)(d)	5,194		65,081
Regal Entertainment Group Class A (d)	55,158		864,326
Rentrak Corp. (a)	4,521		94,489
RLJ Entertainment, Inc. (a)	17,180		67,861
Saga Communications, Inc. Class A	268		11,765
Salem Communications Corp. Class A	1,732		10,877
Scholastic Corp. (d)	25,364		763,456
Scripps Networks Interactive, Inc. Class A	83,052		5,236,429
Shutterstock, Inc. (d)	4,521		147,385
Sinclair Broadcast Group, Inc. Class A	37,417		526,831
Sirius XM Radio, Inc. (d)	3,023,868		9,373,991
Spanish Broadcasting System, Inc. Class A (a)	698		1,752
Starz - Liberty Capital Series A (a)(d)	101,960		1,892,378
SuperMedia, Inc. (a)(d)	19,383		78,307
The Madison Square Garden Co. Class A (a)	53,298		2,980,424
The McClatchy Co. Class A (a)(d)	49,260		128,076
The New York Times Co. Class A (a)(d)	109,097		1,054,968
The Walt Disney Co.	1,655,258		90,360,534
Time Warner Cable, Inc.	281,817		24,346,171
Time Warner, Inc.	883,690		46,985,797
Valassis Communications, Inc. (d)	33,863		930,894

	Shares		Value
Viacom, Inc. Class B (non-vtg.)	438,262		$ 25,620,797
Washington Post Co. Class B	3,968		1,581,407
World Wrestling Entertainment, Inc. Class A (d)	44,310		369,102
			523,778,755
Multiline Retail - 0.7%
Big Lots, Inc. (a)(d)	53,063		1,766,998
Dillard's, Inc. Class A	32,687		2,604,500
Dollar General Corp. (a)	241,081		11,171,694
Dollar Tree, Inc. (a)	221,972		10,029,805
Family Dollar Stores, Inc.	100,910		5,807,371
Fred's, Inc. Class A	41,012		556,533
Gordmans Stores, Inc. (a)	10,233		136,201
J.C. Penney Co., Inc. (d)	131,144		2,304,200
Kohl's Corp.	200,844		9,258,908
Macy's, Inc.	360,200		14,804,220
Nordstrom, Inc.	136,880		7,421,634
Saks, Inc. (a)(d)	100,086		1,140,980
Sears Holdings Corp. (a)(d)	37,834		1,702,530
Target Corp.	603,803		38,015,437
The Bon-Ton Stores, Inc. (d)	19,775		212,186
Tuesday Morning Corp. (a)	26,882		239,250
			107,172,447
Specialty Retail - 2.4%
Aarons, Inc. Class A	69,026		1,883,720
Abercrombie & Fitch Co. Class A	83,791		3,907,174
Advance Auto Parts, Inc.	67,765		5,173,180
Aeropostale, Inc. (a)	70,783		921,595
America's Car Mart, Inc. (a)	10,422		497,755
American Eagle Outfitters, Inc.	183,756		3,800,074
ANN, Inc. (a)	46,918		1,327,310
Asbury Automotive Group, Inc. (a)	22,455		758,081
Ascena Retail Group, Inc. (a)(d)	107,818		1,810,264
AutoNation, Inc. (a)	53,370		2,336,005
AutoZone, Inc. (a)	34,149		12,981,742
Barnes & Noble, Inc. (a)(d)	41,457		652,533
bebe Stores, Inc.	66,951		265,126
Bed Bath & Beyond, Inc. (a)	214,039		12,146,713
Best Buy Co., Inc. (d)	248,339		4,075,243
Big 5 Sporting Goods Corp.	16,237		253,135
Body Central Corp. (a)	23,522		181,355
Books-A-Million, Inc. (a)(d)	4,414		10,770
Brown Shoe Co., Inc. (d)	39,452		647,013
Build-A-Bear Workshop, Inc. (a)	4,049		20,164
Cabela's, Inc. Class A (a)(d)	43,517		2,201,525
Cache, Inc. (a)(d)	2,880		12,384
CarMax, Inc. (a)	213,259		8,191,278
Chico's FAS, Inc. (d)	157,246		2,670,037
Christopher & Banks Corp. (a)	22,706		137,371
Citi Trends, Inc. (a)(d)	14,433		148,516
Coldwater Creek, Inc. (a)(d)	13,235		47,514
Conn's, Inc. (a)(d)	15,280		489,571
Destination Maternity Corp.	9,860		220,765
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
Destination XL Group, Inc. (a)(d)	42,389		$ 192,446
Dick's Sporting Goods, Inc.	83,168		4,158,400
DSW, Inc. Class A (d)	26,500		1,793,785
Express, Inc. (a)	81,477		1,507,325
Finish Line, Inc. Class A	36,835		667,082
Five Below, Inc.	9,429		375,274
Foot Locker, Inc.	137,615		4,705,057
Francescas Holdings Corp. (a)(d)	39,040		993,568
GameStop Corp. Class A (d)	113,091		2,834,060
Gap, Inc.	291,066		9,581,893
Genesco, Inc. (a)(d)	19,944		1,170,314
GNC Holdings, Inc.	68,927		2,826,007
Group 1 Automotive, Inc.	17,193		992,724
Guess?, Inc. (d)	49,289		1,364,812
Haverty Furniture Companies, Inc.	22,550		413,793
hhgregg, Inc. (a)(d)	15,184		142,122
Hibbett Sports, Inc. (a)(d)	22,731		1,201,106
Home Depot, Inc.	1,399,366		95,856,571
Hot Topic, Inc. (d)	51,429		555,433
Jos. A. Bank Clothiers, Inc. (a)(d)	23,081		957,862
Kirkland's, Inc. (a)	10,699		124,536
Limited Brands, Inc.	219,825		10,006,434
Lithia Motors, Inc. Class A (sub. vtg.) (d)	20,666		849,373
Lowe's Companies, Inc.	1,050,958		40,094,048
Lumber Liquidators Holdings, Inc. (a)(d)	25,466		1,507,333
MarineMax, Inc. (a)(d)	10,125		131,119
Mattress Firm Holding Corp. (a)(d)	7,207		200,715
Monro Muffler Brake, Inc. (d)	28,456		1,054,295
New York & Co., Inc. (a)	19,427		83,730
O'Reilly Automotive, Inc. (a)	111,111		11,304,433
Office Depot, Inc. (a)	247,217		996,285
OfficeMax, Inc.	117,377		1,405,003
Pacific Sunwear of California, Inc. (a)(d)	60,120		127,454
Penske Automotive Group, Inc.	46,027		1,369,764
Perfumania Holdings, Inc. (a)	876		5,387
PetSmart, Inc.	105,988		6,900,879
Pier 1 Imports, Inc. (d)	103,847		2,333,442
RadioShack Corp. (d)	82,121		246,363
Rent-A-Center, Inc. (d)	61,802		2,242,177
Restoration Hardware Holdings, Inc. (d)	4,814		185,869
Ross Stores, Inc.	207,497		12,026,526
rue21, Inc. (a)(d)	10,092		272,484
Sally Beauty Holdings, Inc. (a)(d)	137,637		3,818,050
Sears Hometown & Outlet Stores, Inc. (a)	10,000		445,700
Select Comfort Corp. (a)(d)	50,428		1,035,287
Shoe Carnival, Inc.	8,791		170,809
Signet Jewelers Ltd. (d)	75,093		4,597,193
Sonic Automotive, Inc. Class A (sub. vtg.)	32,657		729,557
Stage Stores, Inc.	23,252		574,092
Staples, Inc. (d)	620,676		8,180,510
Stein Mart, Inc.	16,975		144,457

	Shares		Value
Systemax, Inc.	6,560		$ 65,272
The Buckle, Inc. (d)	22,180		993,886
The Cato Corp. Class A (sub. vtg.)	30,985		795,075
The Children's Place Retail Stores, Inc. (a)(d)	18,479		840,055
The Men's Wearhouse, Inc.	53,679		1,509,453
The Pep Boys - Manny, Moe & Jack (a)(d)	83,764		932,293
Tiffany & Co., Inc. (d)	117,916		7,919,239
Tile Shop Holdings, Inc. (a)	29,018		511,587
Tilly's, Inc. (a)	6,806		90,384
TJX Companies, Inc.	679,027		30,535,844
Tractor Supply Co.	64,603		6,718,066
Trans World Entertainment Corp.	2,977		11,283
Ulta Salon, Cosmetics & Fragrance, Inc.	53,900		4,773,384
Urban Outfitters, Inc. (a)	100,078		4,055,161
Vitamin Shoppe, Inc. (a)(d)	26,676		1,401,824
West Marine, Inc. (a)	3,285		41,095
Wet Seal, Inc. Class A (a)	66,930		196,774
Williams-Sonoma, Inc. (d)	84,343		3,829,172
Winmark Corp.	391		24,172
Zale Corp. (a)(d)	22,527		88,531
Zumiez, Inc. (a)(d)	17,893		409,750
			378,963,151
Textiles, Apparel & Luxury Goods - 0.7%
American Apparel, Inc. (a)(d)	42,333		56,303
Carter's, Inc. (a)(d)	47,035		2,653,244
Cherokee, Inc.	20,319		283,856
Coach, Inc.	263,207		12,720,794
Columbia Sportswear Co. (d)	17,213		955,838
Crocs, Inc. (a)	79,497		1,205,175
Culp, Inc.	7,038		110,567
Deckers Outdoor Corp. (a)(d)	36,096		1,456,113
Delta Apparel, Inc. (a)(d)	1,905		31,223
Fifth & Pacific Companies, Inc. (a)(d)	107,666		1,947,678
Fossil, Inc. (a)	50,709		5,211,364
G-III Apparel Group Ltd. (a)(d)	12,799		467,164
Hanesbrands, Inc. (a)(d)	86,732		3,438,056
Iconix Brand Group, Inc. (a)(d)	61,164		1,444,694
Joe's Jeans, Inc. (a)(d)	32,503		45,179
K-Swiss, Inc. Class A (a)	23,242		109,470
Maidenform Brands, Inc. (a)	18,000		345,420
Michael Kors Holdings Ltd. (a)(d)	108,297		6,419,846
Movado Group, Inc.	14,045		506,182
NIKE, Inc. Class B	686,074		37,363,590
Oxford Industries, Inc. (d)	12,480		606,653
Perry Ellis International, Inc.	7,954		129,014
PVH Corp.	73,938		9,009,345
Quiksilver, Inc. (a)(d)	122,287		764,294
R.G. Barry Corp.	3,640		44,918
Ralph Lauren Corp.	56,208		9,750,402
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)	32,235		673,712
Steven Madden Ltd. (a)	35,946		1,584,859
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Textiles, Apparel & Luxury Goods - continued
Superior Uniform Group, Inc.	859		$ 10,007
The Jones Group, Inc.	62,712		723,696
True Religion Apparel, Inc.	28,057		748,841
Tumi Holdings, Inc. (d)	16,160		382,022
Under Armour, Inc. Class A (sub. vtg.) (a)	74,542		3,673,430
Unifi, Inc. (a)	18,843		295,081
Vera Bradley, Inc. (a)(d)	16,362		412,322
VF Corp.	81,630		13,163,654
Wolverine World Wide, Inc. (d)	42,482		1,792,740
			120,536,746
TOTAL CONSUMER DISCRETIONARY			1,900,846,570
CONSUMER STAPLES - 9.3%
Beverages - 1.9%
Beam, Inc.	155,347		9,480,827
Boston Beer Co., Inc. Class A (a)(d)	7,731		1,201,629
Brown-Forman Corp. Class B (non-vtg.)	139,755		9,170,723
Central European Distribution Corp. (a)(d)	99,939		72,296
Coca-Cola Bottling Co. CONSOLIDATED	3,094		202,440
Coca-Cola Enterprises, Inc.	270,815		9,689,761
Constellation Brands, Inc. Class A (sub. vtg.) (a)	138,226		6,115,118
Craft Brew Alliance, Inc. (a)	5,908		39,052
Crimson Wine Group Ltd. (a)	1,943		15,641
Dr. Pepper Snapple Group, Inc.	203,653		8,883,344
MGP Ingredients, Inc.	4,299		17,798
Molson Coors Brewing Co. Class B	144,316		6,380,210
Monster Beverage Corp. (a)	137,421		6,930,141
National Beverage Corp.	7,694		102,946
PepsiCo, Inc.	1,442,437		109,293,451
Primo Water Corp. (a)(d)	8,907		9,085
REED'S, Inc. (a)(d)	1,830		7,521
The Coca-Cola Co.	3,614,328		139,946,780
			307,558,763
Food & Staples Retailing - 2.0%
Andersons, Inc.	16,533		811,440
Arden Group, Inc. Class A	86		7,836
Casey's General Stores, Inc. (d)	33,387		1,889,370
Chefs' Warehouse Holdings (a)(d)	6,997		125,946
Costco Wholesale Corp.	405,498		41,072,892
Crumbs Bake Shop, Inc. (a)(d)	5,760		14,688
CVS Caremark Corp.	1,165,150		59,562,468
Fresh Market, Inc. (a)(d)	36,436		1,698,646
Harris Teeter Supermarkets, Inc.	65,364		2,810,652
Ingles Markets, Inc. Class A	19,385		398,556
Kroger Co.	476,839		13,928,467
Nash-Finch Co.	11,468		219,842

	Shares		Value
Natural Grocers by Vitamin Cottage, Inc. (d)	6,984		$ 144,569
Pizza Inn Holdings, Inc. (a)(d)	9,079		28,599
PriceSmart, Inc. (d)	17,002		1,260,698
Rite Aid Corp. (a)	682,788		1,119,772
Roundy's, Inc. (d)	8,260		47,330
Safeway, Inc. (d)	265,495		6,334,711
Spartan Stores, Inc.	24,920		415,167
SUPERVALU, Inc. (d)	203,563		808,145
Susser Holdings Corp. (a)(d)	14,504		642,237
Sysco Corp.	541,988		17,430,334
The Pantry, Inc. (a)	24,320		302,541
United Natural Foods, Inc. (a)	43,201		2,186,835
Village Super Market, Inc. Class A	3,352		109,778
Wal-Mart Stores, Inc.	1,567,752		110,965,487
Walgreen Co.	805,739		32,986,955
Weis Markets, Inc.	9,706		392,705
Whole Foods Market, Inc.	158,987		13,612,467
			311,329,133
Food Products - 1.8%
Alico, Inc.	172		7,370
Annie's, Inc.	7,023		294,685
Archer Daniels Midland Co.	615,354		19,605,178
B&G Foods, Inc. Class A (d)	45,939		1,350,607
Boulder Brands, Inc. (a)(d)	68,009		579,437
Bunge Ltd. (d)	137,909		10,220,436
Cal-Maine Foods, Inc.	14,807		599,535
Calavo Growers, Inc. (d)	8,788		247,382
Campbell Soup Co.	184,577		7,597,189
Chiquita Brands International, Inc. (a)(d)	30,757		191,001
Coffee Holding Co., Inc.	3,401		24,997
ConAgra Foods, Inc.	369,281		12,596,175
Darling International, Inc. (a)	125,934		2,101,838
Dean Foods Co. (a)	165,929		2,754,421
Diamond Foods, Inc. (d)	18,346		284,913
Dole Food Co., Inc. (a)(d)	28,149		315,269
Farmer Brothers Co. (a)	3,100		39,339
Flowers Foods, Inc.	120,921		3,407,554
Fresh Del Monte Produce, Inc.	38,697		1,009,605
General Mills, Inc.	594,950		27,516,438
Green Mountain Coffee Roasters, Inc. (a)(d)	115,161		5,500,089
H.J. Heinz Co.	295,763		21,422,114
Hain Celestial Group, Inc. (a)(d)	40,266		2,204,564
Hillshire Brands Co.	104,379		3,381,880
Hormel Foods Corp.	148,701		5,562,904
Ingredion, Inc.	69,989		4,633,272
J&J Snack Foods Corp.	11,932		825,933
John B. Sanfilippo & Son, Inc.	4,594		87,562
Kellogg Co.	225,848		13,663,804
Kraft Foods Group, Inc.	551,454		26,728,975
Lancaster Colony Corp.	17,892		1,309,158
Limoneira Co.	3,738		73,676
McCormick & Co., Inc. (non-vtg.)	124,088		8,347,400
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Food Products - continued
Mead Johnson Nutrition Co. Class A	189,296		$ 14,180,163
Mondelez International, Inc.	1,657,567		45,831,728
Omega Protein Corp. (a)	32,056		265,424
Pilgrims Pride Corp. (a)(d)	54,584		480,885
Post Holdings, Inc. (a)	28,839		1,114,916
Sanderson Farms, Inc. (d)	16,208		822,232
Seneca Foods Corp. Class A (a)	7,029		214,525
Smithfield Foods, Inc. (a)	121,954		2,712,257
Snyders-Lance, Inc.	50,907		1,260,457
The Hershey Co.	144,101		12,009,377
The J.M. Smucker Co.	102,284		9,747,665
Tootsie Roll Industries, Inc. (d)	29,529		829,174
TreeHouse Foods, Inc. (a)	37,174		2,170,590
Tyson Foods, Inc. Class A	265,963		6,029,381
WhiteWave Foods Co. (d)	22,752		355,841
			282,509,315
Household Products - 1.9%
Central Garden & Pet Co. Class A (non-vtg.) (a)	34,714		303,053
Church & Dwight Co., Inc. (d)	135,097		8,370,610
Clorox Co.	117,785		9,895,118
Colgate-Palmolive Co.	416,187		47,624,278
Energizer Holdings, Inc.	57,715		5,305,740
Harbinger Group, Inc. (a)	9,831		84,252
Kimberly-Clark Corp.	363,072		34,230,428
Oil-Dri Corp. of America	644		17,723
Orchids Paper Products Co.	2,087		45,747
Procter & Gamble Co.	2,559,499		194,982,634
Spectrum Brands Holdings, Inc.	23,337		1,262,298
WD-40 Co.	17,410		943,796
			303,065,677
Personal Products - 0.2%
Avon Products, Inc.	410,247		8,020,329
Cyanotech Corp. (a)	2,300		10,120
Elizabeth Arden, Inc. (a)(d)	22,677		882,135
Estee Lauder Companies, Inc. Class A	220,556		14,137,640
Herbalife Ltd. (d)	102,302		4,121,748
Inter Parfums, Inc.	14,485		362,994
LifeVantage Corp. (a)(d)	61,077		154,525
Mannatech, Inc. (a)	599		3,444
MediFast, Inc. (a)(d)	10,225		237,016
Nature's Sunshine Products, Inc. (d)	2,859		41,341
Nu Skin Enterprises, Inc. Class A	53,831		2,217,837
Nutraceutical International Corp.	4,799		78,656
Prestige Brands Holdings, Inc. (a)(d)	44,548		1,059,797
Revlon, Inc. (a)	13,966		314,933
Star Scientific, Inc. (a)(d)	92,291		163,355
The Female Health Co. (d)	4,862		34,520
USANA Health Sciences, Inc. (a)(d)	12,622		559,028
			32,399,418

	Shares		Value
Tobacco - 1.5%
Alliance One International, Inc. (a)(d)	89,449		$ 333,645
Altria Group, Inc.	1,890,644		63,431,106
Lorillard, Inc.	357,231		13,767,683
Philip Morris International, Inc.	1,566,647		143,739,862
Reynolds American, Inc.	311,872		13,622,569
Universal Corp.	28,408		1,584,882
Vector Group Ltd. (d)	57,232		918,574
			237,398,321
TOTAL CONSUMER STAPLES			1,474,260,627
ENERGY - 10.2%
Energy Equipment & Services - 2.1%
Atwood Oceanics, Inc. (a)(d)	74,378		3,804,435
Baker Hughes, Inc.	406,618		18,224,619
Basic Energy Services, Inc. (a)(d)	31,153		455,768
Bolt Technology Corp.	7,172		111,883
Bristow Group, Inc.	35,526		2,069,745
C&J Energy Services, Inc. (a)	39,339		952,004
Cal Dive International, Inc. (a)(d)	78,352		141,817
Cameron International Corp. (a)	227,925		14,523,381
Carbo Ceramics, Inc. (d)	17,768		1,613,334
Dawson Geophysical Co. (a)	7,871		243,214
Diamond Offshore Drilling, Inc. (d)	67,074		4,673,716
Dresser-Rand Group, Inc. (a)(d)	66,371		4,092,436
Dril-Quip, Inc. (a)(d)	35,273		2,900,499
ENGlobal Corp. (a)	5,637		3,269
Ensco PLC Class A	218,569		13,144,740
Era Group, Inc. (a)	20,388		411,634
Exterran Holdings, Inc. (a)(d)	55,256		1,394,109
FMC Technologies, Inc. (a)(d)	219,958		11,418,020
Forbes Energy Services Ltd. (a)	500		1,550
Forum Energy Technologies, Inc. (d)	11,487		306,473
Geospace Technologies Corp. (a)	13,000		1,265,160
Global Geophysical Services, Inc. (a)(d)	18,062		42,265
GreenHunter Energy, Inc.	12,193		20,240
Gulf Island Fabrication, Inc.	10,744		255,815
Gulfmark Offshore, Inc. Class A	20,706		739,618
Halliburton Co.	861,984		35,780,956
Helix Energy Solutions Group, Inc. (a)	81,255		1,902,180
Helmerich & Payne, Inc.	101,955		6,755,538
Hercules Offshore, Inc. (a)(d)	189,533		1,285,034
Hornbeck Offshore Services, Inc. (a)(d)	29,524		1,254,770
ION Geophysical Corp. (a)(d)	97,381		646,610
Key Energy Services, Inc. (a)	128,766		1,104,812
Lufkin Industries, Inc.	32,247		2,088,961
Matrix Service Co. (a)	19,340		300,930
McDermott International, Inc. (a)(d)	226,474		2,880,749
Mitcham Industries, Inc. (a)(d)	23,287		357,455
Nabors Industries Ltd.	258,579		4,333,784
National Oilwell Varco, Inc.	399,939		27,247,844
Natural Gas Services Group, Inc. (a)	21,602		377,171
Common Stocks - continued
	Shares		Value
ENERGY - continued
Energy Equipment & Services - continued
Newpark Resources, Inc. (a)(d)	85,435		$ 752,682
Noble Corp.	237,885		8,521,041
Oceaneering International, Inc.	101,325		6,443,257
Oil States International, Inc. (a)(d)	51,844		3,947,921
Parker Drilling Co. (a)	122,844		584,737
Patterson-UTI Energy, Inc.	135,919		3,172,349
PHI, Inc. (non-vtg.) (a)	18,377		579,794
Pioneer Energy Services Corp. (a)	48,304		421,694
RigNet, Inc. (a)(d)	15,376		301,677
Rowan Companies PLC (a)	117,283		4,056,819
RPC, Inc. (d)	65,463		1,059,191
Schlumberger Ltd.	1,242,067		96,694,916
SEACOR Holdings, Inc. (d)	20,388		1,416,558
Superior Energy Services, Inc. (a)	151,895		4,017,623
Tesco Corp. (a)	25,016		317,953
TETRA Technologies, Inc. (a)(d)	67,813		625,914
TGC Industries, Inc.	12,062		115,433
Tidewater, Inc.	43,850		2,075,421
Transocean Ltd. (United States)	335,485		17,545,866
Unit Corp. (a)(d)	41,417		1,883,645
Weatherford International Ltd. (a)	699,745		8,312,971
Willbros Group, Inc. (a)	35,988		242,919
			332,216,919
Oil, Gas & Consumable Fuels - 8.1%
Abraxas Petroleum Corp. (a)(d)	126,005		258,310
Adams Resources & Energy, Inc.	1,804		71,817
Alon USA Energy, Inc.	9,432		183,830
Alpha Natural Resources, Inc. (a)(d)	204,525		1,632,110
Amyris, Inc. (a)(d)	41,172		120,634
Anadarko Petroleum Corp.	465,845		37,071,945
Apache Corp.	367,367		27,284,347
APCO Oil and Gas International, Inc.	12,221		162,539
Approach Resources, Inc. (a)(d)	29,242		723,740
Arch Coal, Inc.	201,141		1,051,967
Barnwell Industries, Inc. (a)	2,847		9,481
Berry Petroleum Co. Class A (d)	38,847		1,778,027
Bill Barrett Corp. (a)(d)	37,315		673,536
BioFuel Energy Corp. (a)(d)	979		4,944
Bonanza Creek Energy, Inc. (a)(d)	18,196		615,571
BPZ Energy, Inc. (a)(d)	134,116		329,925
Cabot Oil & Gas Corp.	196,920		12,203,132
Callon Petroleum Co. (a)	31,499		169,780
Carrizo Oil & Gas, Inc. (a)(d)	36,358		854,049
Ceres, Inc.	2,484		9,961
Cheniere Energy, Inc. (a)	203,342		4,331,185
Chesapeake Energy Corp. (d)	476,743		9,611,139
Chevron Corp.	1,834,942		214,963,455
Cimarex Energy Co. (d)	80,895		5,445,042
Clayton Williams Energy, Inc. (a)(d)	7,754		307,834
Clean Energy Fuels Corp. (a)(d)	67,120		844,370
Cloud Peak Energy, Inc. (a)(d)	54,586		935,604

	Shares		Value
Cobalt International Energy, Inc. (a)(d)	161,814		$ 3,991,951
Comstock Resources, Inc. (a)(d)	32,496		458,844
Concho Resources, Inc. (a)(d)	97,403		8,762,374
ConocoPhillips	1,134,704		65,756,097
CONSOL Energy, Inc.	213,487		6,863,607
Contango Oil & Gas Co. (d)	16,222		628,765
Continental Resources, Inc. (a)(d)	57,407		5,051,816
Crimson Exploration, Inc. (a)	12,416		40,104
Crosstex Energy, Inc. (d)	45,920		765,486
Cubic Energy, Inc. (a)	25,301		5,624
CVR Energy, Inc.	13,732		771,464
Delek US Holdings, Inc.	36,764		1,373,503
Denbury Resources, Inc. (a)(d)	362,076		6,560,817
Devon Energy Corp.	349,289		18,952,421
DHT Holdings, Inc.	4,997		21,487
Diamondback Energy, Inc.	12,429		282,263
Double Eagle Petroleum Co. (a)	1,282		6,038
Emerald Oil, Inc. (a)	18,010		124,269
Endeavour International Corp. (a)(d)	33,475		84,692
Energen Corp.	73,288		3,388,837
EOG Resources, Inc.	252,479		31,739,135
EPL Oil & Gas, Inc. (a)	30,399		782,166
EQT Corp.	139,951		8,829,509
Evolution Petroleum Corp. (a)(d)	6,950		71,238
EXCO Resources, Inc. (d)	115,116		764,370
Exxon Mobil Corp.	4,270,778		382,448,170
Forest Oil Corp. (a)(d)	96,618		560,384
FX Energy, Inc. (a)(d)	35,252		124,440
Gasco Energy, Inc. (a)	97,844		5,675
Gastar Exploration Ltd. (a)	74,542		85,723
Gevo, Inc. (a)(d)	17,509		34,668
GMX Resources, Inc. (a)(d)	5,751		13,860
Goodrich Petroleum Corp. (a)(d)	33,339		429,740
Green Plains Renewable Energy, Inc. (a)(d)	14,190		134,379
Gulfport Energy Corp. (a)	61,924		2,535,788
Halcon Resources Corp. (a)(d)	102,301		726,337
Harvest Natural Resources, Inc. (a)(d)	33,266		179,969
Hess Corp.	277,626		18,462,129
HollyFrontier Corp.	189,781		10,665,692
Houston American Energy Corp. (a)(d)	36,485		8,392
Hyperdynamics Corp. (a)(d)	268,169		139,475
Isramco, Inc. (a)	123		12,138
James River Coal Co. (a)(d)	31,067		82,328
Kinder Morgan Holding Co. LLC	583,849		21,643,282
KiOR, Inc. Class A (a)(d)	14,609		80,496
Kodiak Oil & Gas Corp. (a)	306,801		2,730,529
Laredo Petroleum Holdings, Inc. (a)	29,519		505,956
Lucas Energy, Inc. (a)	9,400		12,032
Magellan Petroleum Corp. (a)	35,895		39,126
Magnum Hunter Resources Corp. (a)(d)	135,725		525,256
Magnum Hunter Resources Corp. warrants 10/14/13 (a)(d)	4,197		546
Marathon Oil Corp.	658,184		22,049,164
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Marathon Petroleum Corp.	317,320		$ 26,299,482
Matador Resources Co. (d)	19,175		149,757
McMoRan Exploration Co. (a)	119,052		1,915,547
Midstates Petroleum Co., Inc.	20,651		154,056
Miller Energy Resources, Inc. (a)(d)	32,422		127,094
Murphy Oil Corp.	169,996		10,349,356
Newfield Exploration Co. (a)	125,514		2,901,884
Noble Energy, Inc.	166,064		18,404,873
Northern Oil & Gas, Inc. (a)(d)	45,133		618,773
Oasis Petroleum, Inc. (a)(d)	64,744		2,376,105
Occidental Petroleum Corp.	758,827		62,474,227
Pacific Ethanol, Inc. (a)(d)	128,037		49,294
Panhandle Royalty Co. Class A	6,335		172,565
PBF Energy, Inc. Class A	22,067		921,297
PDC Energy, Inc. (a)(d)	25,121		1,171,643
Peabody Energy Corp.	250,217		5,394,679
Penn Virginia Corp. (d)	41,256		167,912
Petroquest Energy, Inc. (a)(d)	70,948		272,440
Phillips 66	586,698		36,938,506
Pioneer Natural Resources Co.	113,759		14,312,020
Plains Exploration & Production Co. (a)	134,043		6,081,531
QEP Resources, Inc.	166,921		5,084,414
Quicksilver Resources, Inc. (a)(d)	93,566		174,033
Range Resources Corp. (d)	149,693		11,496,422
Recovery Energy, Inc. (a)(d)	8,026		14,848
Renewable Energy Group, Inc. (a)(d)	7,119		52,609
Rentech, Inc.	169,556		462,888
Resolute Energy Corp. (a)(d)	29,689		302,234
Rex American Resources Corp. (a)	3,020		69,762
Rex Energy Corp. (a)(d)	32,188		433,894
Rosetta Resources, Inc. (a)(d)	44,961		2,188,701
Royale Energy, Inc. (a)(d)	5,368		13,044
Sanchez Energy Corp. (a)(d)	7,390		136,789
SandRidge Energy, Inc. (a)(d)	334,445		1,906,337
Saratoga Resources, Inc. (a)	16,554		49,828
SemGroup Corp. Class A (a)	56,834		2,619,479
SM Energy Co. (d)	62,332		3,607,776
Solazyme, Inc. (a)(d)	23,891		208,568
Southwestern Energy Co. (a)	327,623		11,227,640
Spectra Energy Corp.	611,633		17,761,822
Stone Energy Corp. (a)(d)	41,697		852,704
Swift Energy Co. (a)(d)	29,835		403,369
Synergy Resources Corp. (a)(d)	26,560		176,093
Syntroleum Corp. (a)	150,374		68,420
Targa Resources Corp.	22,682		1,383,602
Teekay Corp.	34,398		1,193,611
Tengasco, Inc. (a)	12,601		8,436
Tesoro Corp.	129,036		7,256,985
The Williams Companies, Inc.	627,283		21,772,993
Ultra Petroleum Corp. (a)(d)	143,182		2,442,685
Uranium Energy Corp. (a)(d)	54,945		126,923

	Shares		Value
Uranium Resources, Inc. (a)(d)	26,282		$ 70,961
US Energy Corp. (a)	13,579		23,763
USEC, Inc. (a)(d)	83,065		39,871
VAALCO Energy, Inc. (a)(d)	68,248		553,491
Valero Energy Corp.	516,190		23,533,102
Verenium Corp. (a)	522		1,274
W&T Offshore, Inc.	37,319		554,560
Warren Resources, Inc. (a)(d)	48,923		128,178
Western Refining, Inc.	53,248		1,911,071
Westmoreland Coal Co. (a)	10,233		107,447
Whiting Petroleum Corp. (a)	109,106		5,313,462
World Fuel Services Corp.	70,210		2,670,086
WPX Energy, Inc. (a)(d)	177,241		2,515,050
ZaZa Energy Corp. (a)(d)	19,430		30,894
Zion Oil & Gas, Inc. (a)(d)	13,122		15,746
			1,274,179,731
TOTAL ENERGY			1,606,396,650
FINANCIALS - 17.0%
Capital Markets - 2.0%
Affiliated Managers Group, Inc. (a)	48,529		7,096,396
Ameriprise Financial, Inc.	193,199		13,259,247
Arlington Asset Investment Corp.	9,211		237,644
Artio Global Investors, Inc. Class A	48,721		132,521
Bank of New York Mellon Corp.	1,100,094		29,856,551
BGC Partners, Inc. Class A	92,324		394,223
BlackRock, Inc. Class A	116,972		28,044,037
Calamos Asset Management, Inc. Class A	22,184		248,017
Charles Schwab Corp.	1,009,176		16,389,018
CIFI Corp. (a)	3,896		32,960
Cohen & Steers, Inc.	17,375		572,854
Cowen Group, Inc. Class A (a)	80,174		209,254
Diamond Hill Investment Group, Inc.	1,102		82,672
Duff & Phelps Corp. Class A	22,401		348,112
E*TRADE Financial Corp. (a)	224,502		2,404,416
Eaton Vance Corp. (non-vtg.) (d)	104,783		4,001,663
Epoch Holding Corp.	13,351		373,160
Evercore Partners, Inc. Class A	25,847		1,051,973
FBR Capital Markets Corp. (a)	11,471		202,578
Federated Investors, Inc. Class B (non-vtg.) (d)	80,486		1,868,885
Financial Engines, Inc.	37,117		1,212,984
Franklin Resources, Inc.	129,776		18,330,860
FXCM, Inc. Class A (d)	51,378		675,621
GAMCO Investors, Inc. Class A	6,083		325,441
GFI Group, Inc.	69,449		243,766
Gleacher & Co., Inc. (a)	36,175		21,235
Goldman Sachs Group, Inc.	412,530		61,780,493
Greenhill & Co., Inc.	23,725		1,442,006
HFF, Inc.	24,812		455,548
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Capital Markets - continued
ICG Group, Inc. (a)	32,808		$ 427,488
Institutional Financial Markets, Inc.	6,881		18,923
INTL FCStone, Inc. (a)(d)	15,053		268,546
Invesco Ltd.	400,700		10,734,753
Investment Technology Group, Inc. (a)	55,680		674,285
Janus Capital Group, Inc. (d)	187,399		1,735,315
JMP Group, Inc.	11,989		71,335
Knight Capital Group, Inc. Class A (a)	70,305		260,129
Ladenburg Thalmann Financial Services, Inc. (a)	42,620		55,406
Legg Mason, Inc.	149,276		4,254,366
LPL Financial	55,040		1,735,411
Manning & Napier, Inc.	3,941		58,879
Medallion Financial Corp.	4,309		56,017
Morgan Stanley	1,286,946		29,020,632
Northern Trust Corp.	199,951		10,631,395
Oppenheimer Holdings, Inc. Class A (non-vtg.)	6,844		129,352
Piper Jaffray Companies (a)(d)	20,940		807,656
Pzena Investment Management, Inc.	4,972		31,274
Raymond James Financial, Inc.	100,886		4,426,878
Safeguard Scientifics, Inc. (a)(d)	26,745		404,919
SEI Investments Co.	130,771		3,696,896
State Street Corp.	433,197		24,514,618
Stifel Financial Corp. (a)(d)	43,239		1,493,475
SWS Group, Inc. (a)	24,189		155,051
T. Rowe Price Group, Inc.	236,667		16,848,324
TD Ameritrade Holding Corp. (d)	223,704		4,252,613
Teton Advisors, Inc. (a)	106		2,014
U.S. Global Investments, Inc. Class A	7,637		29,021
Virtus Investment Partners, Inc. (a)(d)	4,798		806,112
Waddell & Reed Financial, Inc. Class A (d)	70,045		2,873,246
Walter Investment Management Corp. (a)	33,105		1,520,182
Westwood Holdings Group, Inc.	3,640		150,514
WisdomTree Investments, Inc. (a)	96,770		880,607
			314,319,767
Commercial Banks - 3.0%
1st Source Corp.	8,597		202,545
1st United Bancorp, Inc.	20,464		124,421
Access National Corp.	1,270		20,206
ACNB Corp.	3,789		62,746
Alliance Financial Corp.	5,029		223,539
American National Bankshares, Inc.	2,748		55,592
Ameris Bancorp (a)	34,183		474,460
Ames National Corp.	1,209		25,026
Arrow Financial Corp.	15,508		375,914
Associated Banc-Corp.	148,936		2,143,189
BancFirst Corp.	10,611		424,864
Bancorp, Inc., Delaware (a)	28,595		365,158
BancorpSouth, Inc.	84,413		1,291,519

	Shares		Value
Bank of Hawaii Corp.	64,151		$ 3,104,267
Bank of Kentucky Financial Corp.	1,699		45,397
Bank of Marin Bancorp	2,794		105,026
Bank of the Ozarks, Inc. (d)	37,486		1,439,088
BankUnited, Inc.	48,423		1,373,276
Banner Bank	13,068		388,250
Bar Harbor Bankshares	2,686		95,756
BB&T Corp.	654,452		19,869,163
BBCN Bancorp, Inc.	67,581		836,653
BCB Bancorp, Inc.	2,814		26,958
BOK Financial Corp.	38,531		2,289,897
Boston Private Financial Holdings, Inc.	63,942		583,790
Bridge Bancorp, Inc.	540		11,372
Bridge Capital Holdings (a)	1,107		16,849
Bryn Mawr Bank Corp.	9,420		216,095
BSB Bancorp, Inc. (a)	6,958		91,846
C & F Financial Corp.	573		22,891
Camden National Corp.	1,850		62,697
Capital Bank Financial Corp. Series A	10,674		197,469
Capital City Bank Group, Inc. (a)(d)	7,146		81,822
CapitalSource, Inc.	188,339		1,695,051
Cardinal Financial Corp.	22,155		352,929
Cascade Bancorp (a)(d)	4,186		25,242
Cathay General Bancorp	74,072		1,443,663
Center Bancorp, Inc.	6,904		85,610
Centerstate Banks of Florida, Inc.	6,387		54,098
Central Pacific Financial Corp. (a)(d)	26,089		404,119
Century Bancorp, Inc. Class A (non-vtg.)	686		22,638
Chemical Financial Corp.	26,904		658,879
CIT Group, Inc. (a)	188,005		7,869,889
Citizens & Northern Corp.	8,777		171,152
Citizens Republic Bancorp, Inc. (a)	39,789		819,653
City Holding Co. (d)	22,173		840,800
City National Corp. (d)	45,217		2,568,778
CNB Financial Corp., Pennsylvania	7,083		119,349
CoBiz, Inc.	39,972		331,368
Columbia Banking Systems, Inc. (d)	29,815		596,300
Comerica, Inc.	181,563		6,242,136
Commerce Bancshares, Inc.	76,716		2,922,112
Community Bank System, Inc.	29,335		846,901
Community Trust Bancorp, Inc.	13,652		465,943
CU Bancorp (a)	6,814		83,812
Cullen/Frost Bankers, Inc.	71,142		4,308,360
CVB Financial Corp. (d)	84,778		898,647
Eagle Bancorp, Inc., Maryland (a)(d)	16,194		351,410
East West Bancorp, Inc.	172,545		4,244,607
Eastern Virginia Bankshares, Inc. (a)	821		5,492
Enterprise Bancorp, Inc.	803		12,760
Enterprise Financial Services Corp.	12,168		170,109
Farmers National Banc Corp.	14,652		91,575
Fidelity Southern Corp.	3,363		37,329
Fifth Third Bancorp	855,912		13,557,646
Financial Institutions, Inc.	12,700		253,111
First Bancorp, North Carolina	9,193		122,635
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
First Bancorp, Puerto Rico (a)(d)	46,129		$ 252,326
First Busey Corp. (d)	50,381		226,715
First California Financial Group, Inc. (a)	10,516		84,549
First Citizen Bancshares, Inc.	5,973		1,072,452
First Commonwealth Financial Corp.	74,665		542,815
First Community Bancshares, Inc.	8,561		133,723
First Connecticut Bancorp, Inc.	11,897		170,246
First Financial Bancorp, Ohio	41,951		643,109
First Financial Bankshares, Inc. (d)	43,848		1,955,621
First Financial Corp., Indiana	8,837		271,738
First Financial Service Corp. (a)	2,521		8,092
First Horizon National Corp.	203,894		2,167,393
First Interstate Bancsystem, Inc.	19,621		358,476
First M&F Corp.	2,170		29,751
First Merchants Corp.	25,012		371,928
First Midwest Bancorp, Inc., Delaware	83,782		1,047,275
First Niagara Financial Group, Inc.	297,749		2,435,587
First of Long Island Corp.	1,768		50,512
First Republic Bank	67,611		2,464,421
First United Corp. (a)	3,018		24,204
FirstMerit Corp. (d)	97,649		1,476,453
FNB Corp., Pennsylvania	105,430		1,197,685
FNB United Corp. (a)	6,555		66,599
Fulton Financial Corp. (d)	187,360		2,126,536
German American Bancorp, Inc.	4,623		100,596
Glacier Bancorp, Inc.	63,024		1,099,139
Great Southern Bancorp, Inc.	6,815		163,628
Guaranty Bancorp (a)	13,950		28,179
Hampton Roads Bankshares, Inc. (a)(d)	89,921		118,696
Hancock Holding Co.	79,232		2,392,806
Hanmi Financial Corp. (a)	26,311		447,024
Hawthorn Bancshares, Inc.	1,439		14,606
Heartland Financial USA, Inc.	8,878		208,988
Heritage Commerce Corp. (a)	14,712		99,453
Heritage Financial Corp., Washington	12,768		176,837
Heritage Oaks Bancorp (a)	3,340		18,771
Home Bancshares, Inc.	25,101		849,669
HomeTrust Bancshares, Inc. (d)	20,129		310,993
Horizon Bancorp Industries	706		14,318
Hudson Valley Holding Corp.	14,551		220,884
Huntington Bancshares, Inc.	815,715		5,734,476
IBERIABANK Corp. (d)	26,893		1,350,029
Independent Bank Corp. (a)	1,144		6,761
Independent Bank Corp., Massachusetts (d)	25,945		822,197
International Bancshares Corp. (d)	64,813		1,312,463
Intervest Bancshares Corp. Class A (a)	6,160		33,449
Investors Bancorp, Inc.	53,522		945,734
KeyCorp	879,084		8,254,599
Lakeland Bancorp, Inc.	23,579		226,594
Lakeland Financial Corp.	13,545		334,832

	Shares		Value
M&T Bank Corp.	113,824		$ 11,620,292
Macatawa Bank Corp. (a)(d)	22,839		111,683
MainSource Financial Group, Inc.	13,271		185,794
MB Financial, Inc.	47,874		1,135,093
MBT Financial Corp. (a)	1,548		5,619
Merchants Bancshares, Inc.	5,246		151,295
Metro Bancorp, Inc. (a)	11,557		192,424
Metrocorp Bancshares, Inc. (a)	6,201		64,118
Midsouth Bancorp, Inc.	5,240		80,015
National Bank Holdings Corp.	12,034		217,695
National Bankshares, Inc.	5,803		195,793
National Penn Bancshares, Inc. (d)	120,787		1,183,713
NBT Bancorp, Inc.	33,888		693,348
NewBridge Bancorp (a)	7,211		42,401
North Valley Bancorp (a)	849		14,408
Northrim Bancorp, Inc.	2,935		63,807
Old National Bancorp, Indiana	98,018		1,323,243
Old Second Bancorp, Inc. (a)(d)	18,605		63,257
OmniAmerican Bancorp, Inc. (a)	6,877		179,215
Oriental Financial Group, Inc. (d)	40,168		614,972
Orrstown Financial Services, Inc. (a)	5,669		80,216
Pacific Continental Corp.	3,048		32,400
Pacific Mercantile Bancorp (a)	9,641		57,460
Pacific Premier Bancorp, Inc. (a)	35		419
PacWest Bancorp (d)	32,508		888,444
Park National Corp. (d)	11,650		768,667
Park Sterling Corp. (a)	28,617		162,545
Penns Woods Bancorp, Inc. (d)	1,028		41,603
Peoples Bancorp, Inc.	3,334		72,248
Peoples Financial Corp., Mississippi	2,667		32,057
Pinnacle Financial Partners, Inc. (a)(d)	30,086		653,167
PNC Financial Services Group, Inc.	496,403		30,970,583
Popular, Inc. (a)	112,654		3,145,300
Preferred Bank, Los Angeles (a)	1,131		18,232
Premier Financial Bancorp, Inc.	115		1,340
PrivateBancorp, Inc.	92,031		1,648,275
Prosperity Bancshares, Inc. (d)	49,088		2,264,920
Regions Financial Corp.	1,378,520		10,545,678
Renasant Corp. (d)	22,516		495,577
Republic Bancorp, Inc., Kentucky Class A	18,205		393,956
Royal Bancshares of Pennsylvania, Inc. Class A (a)	2,700		3,861
S&T Bancorp, Inc.	32,238		582,218
S.Y. Bancorp, Inc.	6,551		148,380
Sandy Spring Bancorp, Inc.	13,803		267,226
SCBT Financial Corp. (d)	10,493		499,677
Seacoast Banking Corp., Florida (a)	25,630		52,798
Shore Bancshares, Inc.	2,958		19,759
Sierra Bancorp	3,618		45,804
Signature Bank (a)(d)	42,555		3,160,560
Simmons First National Corp. Class A	10,951		275,308
Southside Bancshares, Inc.	12,735		272,147
Southwest Bancorp, Inc., Oklahoma (a)(d)	15,446		200,644
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
State Bank Financial Corp.	26,469		$ 420,857
StellarOne Corp.	11,962		184,095
Sterling Bancorp, New York	27,642		281,119
Sterling Financial Corp.	40,387		855,397
Suffolk Bancorp (a)	15,697		221,014
Sun Bancorp, Inc., New Jersey (a)(d)	48,802		175,687
SunTrust Banks, Inc.	510,552		14,086,130
Susquehanna Bancshares, Inc. (d)	163,794		1,904,924
SVB Financial Group (a)	38,629		2,590,461
Synovus Financial Corp. (d)	1,042,950		2,649,093
Taylor Capital Group, Inc. (a)(d)	9,976		164,903
TCF Financial Corp.	168,588		2,316,399
Texas Capital Bancshares, Inc. (a)(d)	44,486		1,879,978
The First Bancorp, Inc.	2,896		50,188
Tompkins Financial Corp.	6,518		270,041
TowneBank (d)	18,594		270,357
Trico Bancshares	12,062		205,657
Trustmark Corp.	94,171		2,156,516
U.S. Bancorp	1,760,333		59,816,115
UMB Financial Corp.	29,731		1,355,436
Umpqua Holdings Corp. (d)	89,344		1,121,267
Union/First Market Bankshares Corp.	16,413		297,896
United Bankshares, Inc., West Virginia (d)	35,646		926,796
United Community Banks, Inc., Georgia (a)	43,617		469,755
Univest Corp. of Pennsylvania	10,023		166,282
Valley National Bancorp (d)	184,448		1,850,013
Virginia Commerce Bancorp, Inc. (a)	37,552		509,205
Washington Banking Co., Oak Harbor	5,615		77,150
Washington Trust Bancorp, Inc.	15,489		409,529
Webster Financial Corp.	85,199		1,876,082
Wells Fargo & Co.	4,595,089		161,195,722
WesBanco, Inc.	21,334		499,002
West Bancorp., Inc.	1,202		13,306
West Coast Bancorp	13,663		321,081
Westamerica Bancorp.	22,409		991,598
Western Alliance Bancorp. (a)(d)	61,889		823,124
Wilshire Bancorp, Inc. (a)	41,540		243,840
Wintrust Financial Corp. (d)	33,573		1,225,415
Zions Bancorporation	180,863		4,366,033
			478,962,888
Consumer Finance - 0.8%
American Express Co.	908,418		56,458,179
Asset Acceptance Capital Corp. (a)	10,832		57,085
Asta Funding, Inc.	4,468		42,982
Atlanticus Holdings Corp. (a)(d)	35,598		115,338
Capital One Financial Corp.	541,201		27,617,487
Cash America International, Inc. (d)	23,667		1,198,497
Consumer Portfolio Services, Inc. (a)(d)	2,464		20,328
Credit Acceptance Corp. (a)	9,077		1,003,281

	Shares		Value
DFC Global Corp. (a)(d)	43,285		$ 808,564
Discover Financial Services	473,884		18,258,751
Encore Capital Group, Inc. (a)(d)	16,160		477,528
EZCORP, Inc. (non-vtg.) Class A (a)	48,356		1,000,002
First Cash Financial Services, Inc. (a)(d)	28,920		1,530,157
First Marblehead Corp. (a)(d)	51,880		45,551
Green Dot Corp. Class A (a)	44,284		620,862
Imperial Holdings, Inc. (a)(d)	16,708		66,832
Nelnet, Inc. Class A	22,213		737,027
Netspend Holdings, Inc. (a)	44,711		708,669
Portfolio Recovery Associates, Inc. (a)(d)	16,868		1,972,291
SLM Corp.	416,481		7,900,645
World Acceptance Corp. (a)(d)	15,268		1,201,592
			121,841,648
Diversified Financial Services - 3.0%
Bank of America Corp.	10,096,598		113,384,796
CBOE Holdings, Inc.	75,768		2,721,587
Citigroup, Inc.	2,746,452		115,268,590
CME Group, Inc.	287,473		17,196,635
Gain Capital Holdings, Inc.	15,735		69,863
Interactive Brokers Group, Inc.	35,966		529,060
IntercontinentalExchange, Inc. (a)(d)	65,579		10,152,941
JPMorgan Chase & Co.	3,552,220		173,774,602
Leucadia National Corp. (d)	274,854		7,393,573
Life Partners Holdings, Inc. (d)	18,668		74,299
MarketAxess Holdings, Inc. (d)	38,326		1,497,014
Marlin Business Services Corp.	13,319		252,395
McGraw-Hill Companies, Inc.	257,711		11,996,447
MicroFinancial, Inc.	86		634
Moody's Corp. (d)	180,684		8,683,673
MSCI, Inc. Class A (a)(d)	121,379		4,021,286
NewStar Financial, Inc. (a)(d)	27,065		366,189
NYSE Euronext	235,811		8,791,034
PHH Corp. (a)(d)	45,131		948,202
PICO Holdings, Inc. (a)(d)	18,345		394,601
Resource America, Inc. Class A	2,362		21,045
The NASDAQ Stock Market, Inc.	124,702		3,948,065
Vector Capital Corp. rights (a)	4,280		0
			481,486,531
Insurance - 4.2%
ACE Ltd.	311,412		26,591,471
AFLAC, Inc.	437,110		21,833,645
Alleghany Corp.	16,625		6,282,089
Allied World Assurance Co. Holdings Ltd.	33,827		2,970,349
Allstate Corp.	443,988		20,432,328
American Equity Investment Life Holding Co. (d)	51,311		712,197
American Financial Group, Inc.	76,865		3,378,985
American International Group, Inc. (a)	1,380,642		52,478,202
American National Insurance Co.	11,975		962,431
American Safety Insurance Group Ltd. (a)	2,651		61,053
Amerisafe, Inc. (d)	28,834		940,565
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Insurance - continued
Amtrust Financial Services, Inc. (d)	26,184		$ 870,618
Aon PLC	293,587		17,935,230
Arch Capital Group Ltd. (a)(d)	122,181		6,001,531
Argo Group International Holdings, Ltd.	29,792		1,131,500
Arthur J. Gallagher & Co.	116,853		4,496,503
Aspen Insurance Holdings Ltd.	68,795		2,466,989
Assurant, Inc.	95,115		3,993,879
Assured Guaranty Ltd.	183,926		3,433,898
Axis Capital Holdings Ltd.	106,761		4,348,376
Baldwin & Lyons, Inc. Class B	5,084		118,406
Berkshire Hathaway, Inc. Class B (a)	1,707,202		174,407,756
Brown & Brown, Inc.	116,705		3,501,150
Cincinnati Financial Corp.	161,273		7,258,898
Citizens, Inc. Class A (a)(d)	31,937		293,501
CNA Financial Corp.	51,802		1,633,835
CNO Financial Group, Inc.	187,983		2,056,534
Crawford & Co. Class B	10,464		86,433
Donegal Group, Inc. Class A	4,528		65,294
Eastern Insurance Holdings, Inc.	901		16,777
eHealth, Inc. (a)	26,343		409,107
EMC Insurance Group	5,816		149,704
Employers Holdings, Inc.	36,335		763,398
Endurance Specialty Holdings Ltd. (d)	33,058		1,455,874
Enstar Group Ltd. (a)	9,122		1,143,351
Erie Indemnity Co. Class A	24,672		1,805,990
Everest Re Group Ltd.	47,316		5,896,047
FBL Financial Group, Inc. Class A	12,986		471,911
Federated National Holding Co.	1,278		7,272
Fidelity National Financial, Inc. Class A	187,810		4,683,981
First Acceptance Corp. (a)	4,055		4,663
First American Financial Corp.	99,791		2,423,923
Fortegra Financial Corp. (a)	10,670		96,564
Genworth Financial, Inc. Class A (a)	453,375		3,871,823
Global Indemnity PLC (a)	13,709		316,678
Greenlight Capital Re, Ltd. (a)(d)	17,063		409,171
Hallmark Financial Services, Inc. (a)	10,337		93,653
Hanover Insurance Group, Inc.	48,173		2,056,024
Hartford Financial Services Group, Inc. (d)	404,630		9,553,314
HCC Insurance Holdings, Inc.	77,118		3,084,720
Health Insurance Innovations	4,900		61,201
Hilltop Holdings, Inc. (a)(d)	54,392		698,393
Homeowners Choice, Inc. (d)	3,589		72,354
Horace Mann Educators Corp.	37,921		775,864
Independence Holding Co.	16,014		151,973
Infinity Property & Casualty Corp.	13,372		751,373
Investors Title Co.	1,086		71,600
Kansas City Life Insurance Co.	2,863		106,847
Kemper Corp.	45,013		1,424,211
Lincoln National Corp.	257,619		7,610,065
Loews Corp.	308,435		13,296,633

	Shares		Value
Maiden Holdings Ltd.	73,970		$ 745,618
Markel Corp. (a)	8,688		4,200,214
Marsh & McLennan Companies, Inc.	499,497		18,551,319
MBIA, Inc. (a)(d)	133,617		1,292,076
Meadowbrook Insurance Group, Inc.	46,791		328,941
Mercury General Corp.	32,057		1,246,056
MetLife, Inc.	1,021,419		36,199,089
Montpelier Re Holdings Ltd.	62,043		1,533,703
National Financial Partners Corp. (a)(d)	57,169		1,123,943
National Interstate Corp.	7,859		261,548
National Western Life Insurance Co. Class A (d)	2,078		338,423
Navigators Group, Inc. (a)	15,156		851,161
Old Republic International Corp.	205,421		2,467,106
OneBeacon Insurance Group Ltd.	20,572		275,048
PartnerRe Ltd.	55,220		4,927,833
Phoenix Companies, Inc. (a)	3,067		76,982
Platinum Underwriters Holdings Ltd.	32,909		1,740,228
Primerica, Inc.	38,359		1,207,158
Principal Financial Group, Inc.	266,275		8,416,953
ProAssurance Corp.	50,156		2,351,815
Progressive Corp. (d)	507,847		12,371,153
Protective Life Corp.	78,222		2,496,846
Prudential Financial, Inc.	429,423		23,863,036
Reinsurance Group of America, Inc.	67,866		3,902,295
RenaissanceRe Holdings Ltd.	38,496		3,366,090
RLI Corp.	13,036		898,702
Safety Insurance Group, Inc.	14,899		700,253
Selective Insurance Group, Inc.	42,720		950,093
StanCorp Financial Group, Inc. (d)	37,431		1,490,128
State Auto Financial Corp.	6,222		104,530
Stewart Information Services Corp. (d)	21,434		496,197
Symetra Financial Corp.	63,181		832,094
The Chubb Corp.	243,401		20,452,986
The Travelers Companies, Inc.	352,417		28,341,375
Torchmark Corp.	96,240		5,407,726
Tower Group, Inc.	56,423		1,052,289
United Fire Group, Inc.	20,054		492,927
Universal Insurance Holdings, Inc.	15,547		68,251
Unum Group	290,729		7,114,139
Validus Holdings Ltd.	96,782		3,448,343
W.R. Berkley Corp.	93,123		3,864,605
White Mountains Insurance Group Ltd.	5,736		3,240,840
XL Group PLC Class A	291,212		8,340,312
			655,908,529
Real Estate Investment Trusts - 3.6%
Acadia Realty Trust (SBI) (d)	43,554		1,172,474
AG Mortgage Investment Trust, Inc.	18,957		497,242
Agree Realty Corp.	17,794		499,478
Alexanders, Inc.	2,701		876,475
Alexandria Real Estate Equities, Inc.	58,761		4,180,258
American Assets Trust, Inc.	30,756		929,754
American Campus Communities, Inc.	100,126		4,525,695
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
American Capital Agency Corp. (d)	317,049		$ 10,056,794
American Capital Mortgage Investment Corp.	52,567		1,350,972
American Realty Capital Properties, Inc.	7,446		98,511
American Tower Corp.	369,121		28,643,790
Annaly Capital Management, Inc. (d)	903,030		13,987,935
Anworth Mortgage Asset Corp. (d)	251,516		1,534,248
Apartment Investment & Management Co. Class A	129,351		3,831,377
Apollo Commercial Real Estate Finance, Inc.	23,002		396,785
Apollo Residential Mortgage, Inc.	12,502		279,795
Arbor Realty Trust, Inc.	29,871		236,578
Ares Commercial Real Estate Corp.	17,618		300,035
Armour Residential REIT, Inc.	350,513		2,344,932
Ashford Hospitality Trust, Inc. (d)	69,895		822,664
Associated Estates Realty Corp. (d)	41,987		733,933
AvalonBay Communities, Inc.	106,629		13,310,498
BioMed Realty Trust, Inc. (d)	156,049		3,295,755
Boston Properties, Inc.	141,720		14,721,874
Brandywine Realty Trust (SBI) (d)	117,771		1,619,351
BRE Properties, Inc.	68,958		3,352,048
BRT Realty Trust (a)	5,568		41,259
Camden Property Trust (SBI)	76,966		5,321,429
Campus Crest Communities, Inc. (d)	32,807		411,400
Capital Trust, Inc. Class A	26,388		59,637
CapLease, Inc.	46,796		279,840
Capstead Mortgage Corp.	68,354		857,159
CBL & Associates Properties, Inc. (d)	132,387		3,010,480
Cedar Shopping Centers, Inc.	59,877		343,694
Chatham Lodging Trust	14,263		234,769
Chesapeake Lodging Trust	44,367		955,222
Chimera Investment Corp.	1,225,514		3,652,032
Colonial Properties Trust (SBI) (d)	73,570		1,586,169
Colony Financial, Inc.	46,259		1,024,637
CommonWealth REIT (d)	92,858		2,344,665
Coresite Realty Corp.	24,333		788,389
Corporate Office Properties Trust (SBI) (d)	70,447		1,822,464
Cousins Properties, Inc. (d)	110,370		1,072,796
Crexus Investment Corp.	67,523		898,731
CubeSmart (d)	102,102		1,504,983
CyrusOne, Inc.	16,200		345,222
Cys Investments, Inc. (d)	154,865		1,836,699
DCT Industrial Trust, Inc. (d)	235,284		1,708,162
DDR Corp.	287,291		4,961,516
DiamondRock Hospitality Co.	161,462		1,443,470
Digital Realty Trust, Inc.	112,771		7,553,402
Douglas Emmett, Inc. (d)	131,928		3,233,555
Duke Realty LP (d)	288,029		4,654,549
DuPont Fabros Technology, Inc. (d)	100,616		2,330,267
EastGroup Properties, Inc. (d)	24,180		1,373,666

	Shares		Value
Education Realty Trust, Inc.	93,993		$ 1,025,464
EPR Properties (d)	65,817		3,211,211
Equity Lifestyle Properties, Inc.	37,774		2,783,566
Equity One, Inc.	59,709		1,403,759
Equity Residential (SBI)	300,187		16,522,292
Essex Property Trust, Inc. (d)	31,185		4,646,253
Excel Trust, Inc. (d)	30,162		380,343
Extra Space Storage, Inc.	91,185		3,413,966
Federal Realty Investment Trust (SBI)	65,716		6,979,696
FelCor Lodging Trust, Inc. (a)	200,216		1,005,084
First Industrial Realty Trust, Inc. (d)	73,033		1,159,034
First Potomac Realty Trust (d)	52,713		744,835
Franklin Street Properties Corp. (d)	68,554		942,618
General Growth Properties, Inc. (d)	418,652		8,012,999
Getty Realty Corp. (d)	23,628		469,725
Gladstone Commercial Corp.	10,709		203,043
Glimcher Realty Trust (d)	117,715		1,325,471
Government Properties Income Trust (d)	38,181		1,010,269
Gramercy Capital Corp. (a)	85,386		326,175
Gyrodyne Co. of America, Inc.	302		22,475
Hatteras Financial Corp.	121,103		3,232,239
HCP, Inc.	421,332		20,594,708
Health Care REIT, Inc.	238,305		15,284,883
Healthcare Realty Trust, Inc. (d)	75,869		2,018,115
Healthcare Trust of America, Inc.	41,271		473,791
Hersha Hospitality Trust	166,640		934,850
Highwoods Properties, Inc. (SBI) (d)	58,977		2,152,661
Home Properties, Inc.	43,481		2,714,084
Hospitality Properties Trust (SBI) (d)	104,935		2,801,765
Host Hotels & Resorts, Inc.	659,203		10,988,914
Hudson Pacific Properties, Inc.	39,210		884,970
Inland Real Estate Corp.	58,987		569,814
Invesco Mortgage Capital, Inc. (d)	122,202		2,568,686
Investors Real Estate Trust (d)	69,850		664,274
iStar Financial, Inc. (a)	71,516		714,445
JAVELIN Mortgage Investment Corp.	7,375		141,453
Kilroy Realty Corp.	69,106		3,646,033
Kimco Realty Corp. (d)	365,383		7,954,388
Kite Realty Group Trust	62,068		409,028
LaSalle Hotel Properties (SBI)	89,618		2,275,401
Lexington Corporate Properties Trust (d)	130,150		1,491,519
Liberty Property Trust (SBI) (d)	101,740		3,946,495
LTC Properties, Inc.	26,907		1,037,803
Mack-Cali Realty Corp. (d)	78,978		2,241,396
Medical Properties Trust, Inc.	109,056		1,583,493
MFA Financial, Inc.	335,157		2,976,194
MHI Hospitality Corp.	2,721		11,673
Mid-America Apartment Communities, Inc. (d)	43,592		3,027,028
Monmouth Real Estate Investment Corp. Class A	35,864		400,242
MPG Office Trust, Inc. (a)(d)	145,580		377,052
National Health Investors, Inc. (d)	21,683		1,405,058
National Retail Properties, Inc. (d)	95,841		3,301,722
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
New York Mortgage Trust, Inc. (d)	42,080		$ 296,243
NorthStar Realty Finance Corp.	126,141		1,128,962
Omega Healthcare Investors, Inc. (d)	98,005		2,743,160
One Liberty Properties, Inc.	11,261		244,589
Parkway Properties, Inc.	31,704		536,115
Pebblebrook Hotel Trust (d)	47,465		1,134,888
Pennsylvania Real Estate Investment Trust (SBI)	54,751		988,256
PennyMac Mortgage Investment Trust (d)	49,995		1,270,873
Piedmont Office Realty Trust, Inc. Class A (d)	148,914		2,927,649
Plum Creek Timber Co., Inc.	155,723		7,552,566
PMC Commercial Trust	8,500		59,585
Post Properties, Inc.	47,292		2,257,720
Potlatch Corp.	34,281		1,508,707
Power (REIT)	718		7,611
Prologis, Inc.	433,925		16,897,040
PS Business Parks, Inc.	16,465		1,218,245
Public Storage	135,985		20,562,292
RAIT Financial Trust	83,839		606,994
Ramco-Gershenson Properties Trust (SBI)	36,987		584,395
Rayonier, Inc. (d)	116,685		6,519,191
Realty Income Corp.	165,752		7,566,579
Redwood Trust, Inc.	89,769		1,818,720
Regency Centers Corp. (d)	90,033		4,670,912
Resource Capital Corp.	86,728		589,750
Retail Opportunity Investments Corp. (d)	70,350		908,219
Retail Properties America, Inc. (d)	28,399		420,305
RLJ Lodging Trust	96,663		2,067,622
Rouse Properties, Inc. (d)	17,327		287,801
Ryman Hospitality Properties, Inc. (d)	46,451		2,078,682
Sabra Health Care REIT, Inc. (d)	44,632		1,179,624
Saul Centers, Inc.	11,025		482,454
Select Income (REIT)	15,485		430,638
Senior Housing Properties Trust (SBI)	173,790		4,360,391
Silver Bay Realty Trust Corp. (d)	15,000		306,300
Simon Property Group, Inc.	289,740		46,028,096
SL Green Realty Corp. (d)	83,735		6,834,451
Sovran Self Storage, Inc.	24,309		1,478,960
Spirit Realty Capital, Inc. (d)	28,497		567,660
Stag Industrial, Inc. (d)	38,576		818,197
Starwood Property Trust, Inc.	118,310		3,306,765
Strategic Hotel & Resorts, Inc. (a)	334,781		2,437,206
Summit Hotel Properties, Inc.	38,502		369,619
Sun Communities, Inc.	36,167		1,682,851
Sunstone Hotel Investors, Inc. (a)	148,041		1,677,305
Supertel Hospitality, Inc., Maryland (a)	5,631		6,363
Tanger Factory Outlet Centers, Inc. (d)	79,590		2,808,731
Taubman Centers, Inc. (d)	52,569		4,033,094
Terreno Realty Corp.	12,136		217,234
The Geo Group, Inc.	66,308		2,290,278

	Shares		Value
The Macerich Co. (d)	126,640		$ 7,612,330
Two Harbors Investment Corp.	262,968		3,381,768
UDR, Inc. (d)	225,065		5,370,051
UMH Properties, Inc.	10,346		103,667
Universal Health Realty Income Trust (SBI) (d)	13,491		770,471
Urstadt Biddle Properties, Inc. Class A	26,585		561,741
Ventas, Inc.	276,442		19,566,565
Vornado Realty Trust	159,312		12,778,416
Washington (REIT) (SBI)	61,934		1,714,952
Weingarten Realty Investors (SBI)	108,015		3,310,660
Western Asset Mortgage Capital Corp.	17,996		386,734
Weyerhaeuser Co.	503,112		14,796,524
Whitestone REIT Class B	2,558		37,731
Winthrop Realty Trust	19,884		249,544
WP Carey, Inc. (d)	56,109		3,343,535
ZAIS Financial Corp. (d)	6,000		120,420
			572,536,966
Real Estate Management & Development - 0.1%
Alexander & Baldwin, Inc.	43,253		1,523,803
American Spectrum Realty, Inc. (a)	1,984		3,789
AV Homes, Inc. (a)	12,051		181,006
CBRE Group, Inc. (a)	275,685		6,663,306
Consolidated-Tomoka Land Co. (d)	2,432		82,810
Forest City Enterprises, Inc. Class A (a)(d)	131,291		2,105,908
Forestar Group, Inc. (a)(d)	31,999		557,423
Howard Hughes Corp. (a)	24,658		1,893,488
Jones Lang LaSalle, Inc.	35,580		3,438,451
Kennedy-Wilson Holdings, Inc. (d)	35,815		575,547
Maui Land & Pineapple, Inc. (a)	31,310		125,866
Realogy Holdings Corp.	39,674		1,779,379
Tejon Ranch Co. (a)	11,342		332,321
The St. Joe Co. (a)(d)	111,664		2,490,107
Thomas Properties Group, Inc.	22,789		118,731
Transcontinental Realty Investors, Inc. (a)	20,697		106,797
Zillow, Inc. (a)(d)	16,135		693,160
ZipRealty, Inc. (a)	19,987		76,750
			22,748,642
Thrifts & Mortgage Finance - 0.3%
Astoria Financial Corp. (d)	69,632		681,001
Bank Mutual Corp.	56,001		320,326
BankFinancial Corp.	19,300		154,014
BBX Capital Corp. (a)(d)	18,261		147,549
Beneficial Mutual Bancorp, Inc. (a)	37,525		359,865
Berkshire Hills Bancorp, Inc.	17,169		417,207
BofI Holding, Inc. (a)(d)	11,427		384,747
Brookline Bancorp, Inc., Delaware	86,924		791,008
Camco Financial Corp. (a)	347		1,270
Cape Bancorp, Inc.	2,611		23,734
Capitol Federal Financial, Inc.	173,299		2,050,127
CFS Bancorp, Inc.	688		5,270
Charter Financial Corp., Georgia	1,200		14,772
Chicopee Bancorp, Inc.	1,816		28,584
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Thrifts & Mortgage Finance - continued
Clifton Savings Bancorp, Inc. (d)	15,589		$ 176,156
Dime Community Bancshares, Inc.	51,879		737,201
Doral Financial Corp. (a)	159,443		90,803
ESB Financial Corp.	7,915		108,673
ESSA Bancorp, Inc.	4,298		47,493
EverBank Financial Corp.	16,362		247,066
Farmer Mac Class C (non-vtg.)	8,894		300,173
First Defiance Financial Corp.	6,145		138,385
First Financial Holdings, Inc.	12,257		244,650
First Financial Northwest, Inc. (a)	2,197		17,422
First PacTrust Bancorp, Inc. (d)	4,303		44,192
Flagstar Bancorp, Inc. (a)(d)	37,206		505,630
Flushing Financial Corp.	47,044		743,295
Fox Chase Bancorp, Inc.	14,307		239,213
Franklin Financial Corp./VA	16,347		291,957
HF Financial Corp.	2,735		36,758
Hingham Institution for Savings	1,505		105,290
Home Federal Bancorp, Inc.	9,753		112,160
HomeStreet, Inc.	7,892		197,142
Hudson City Bancorp, Inc.	532,335		4,535,494
IF Bancorp, Inc. (a)	3,112		46,711
Impac Mortgage Holdings, Inc. (a)(d)	5,393		60,941
Kearny Financial Corp.	2,196		21,938
Madison County Financial, Inc. (a)	4,682		75,006
Meridian Interstate Bancorp, Inc. (a)	750		13,568
MGIC Investment Corp. (a)(d)	156,364		465,965
NASB Financial, Inc. (a)	1,203		26,719
Nationstar Mortgage Holdings, Inc. (d)	18,397		708,836
New York Community Bancorp, Inc.	408,522		5,515,047
Northfield Bancorp, Inc.	13,855		157,670
Northwest Bancshares, Inc.	92,094		1,150,254
OceanFirst Financial Corp.	5,851		81,563
Ocwen Financial Corp. (a)	108,754		4,287,083
Oritani Financial Corp.	26,763		393,684
People's United Financial, Inc.	329,770		4,319,987
Peoples Federal Bancshares, Inc.	1,156		20,669
Poage Bankshares, Inc.	2,365		33,228
Provident Financial Holdings, Inc.	3,066		52,429
Provident Financial Services, Inc.	56,391		845,301
Provident New York Bancorp	44,223		397,123
PVF Capital Corp. (a)	11,916		44,447
Radian Group, Inc. (d)	110,991		977,831
Riverview Bancorp, Inc. (a)	6,875		15,263
Rockville Financial, Inc.	5,182		66,641
Security National Financial Corp. Class A	9,669		74,548
Simplicity Bancorp, Inc.	10,338		157,551
Territorial Bancorp, Inc.	13,244		308,850
TFS Financial Corp. (a)	149,374		1,569,921
Timberland Bancorp, Inc.	5,034		41,581
Tree.com, Inc.	3,275		57,083

	Shares		Value
Trustco Bank Corp., New York	73,043		$ 380,554
United Community Financial Corp., Ohio (a)	11,112		37,336
United Financial Bancorp, Inc.	9,158		136,912
ViewPoint Financial Group (d)	25,777		537,450
Walker & Dunlop, Inc. (a)	10,954		232,225
Washington Federal, Inc.	99,759		1,750,770
Westfield Financial, Inc.	28,907		225,186
WSFS Financial Corp.	10,396		493,810
			40,080,308
TOTAL FINANCIALS			2,687,885,279
HEALTH CARE - 11.8%
Biotechnology - 2.0%
Aastrom Biosciences, Inc. (a)	78,454		95,714
ACADIA Pharmaceuticals, Inc. (a)(d)	51,353		311,713
Achillion Pharmaceuticals, Inc. (a)(d)	52,411		424,529
Acorda Therapeutics, Inc. (a)	35,775		1,064,306
ADVENTRX Pharmaceuticals, Inc. (a)(d)	29,390		22,336
Aegerion Pharmaceuticals, Inc. (a)(d)	17,880		538,546
Affymax, Inc. (a)(d)	50,245		133,652
Agenus, Inc. (a)(d)	7,526		32,211
Alexion Pharmaceuticals, Inc. (a)	182,104		15,795,701
Alkermes PLC (a)(d)	133,044		2,888,385
Allos Therapeutics, Inc. rights	74,291		1
Alnylam Pharmaceuticals, Inc. (a)	51,923		1,230,056
AMAG Pharmaceuticals, Inc. (a)(d)	31,420		520,001
Amgen, Inc.	719,672		65,785,218
Amicus Therapeutics, Inc. (a)(d)	25,384		68,029
Anacor Pharmaceuticals, Inc. (a)(d)	15,721		54,709
Anthera Pharmaceuticals, Inc. (a)(d)	45,190		27,566
Arena Pharmaceuticals, Inc. (a)(d)	201,800		1,693,102
ARIAD Pharmaceuticals, Inc. (a)(d)	169,376		3,561,977
ArQule, Inc. (a)(d)	65,290		160,613
Array Biopharma, Inc. (a)	101,050		393,085
Arrowhead Research Corp. (a)	3,000		6,450
Astex Pharmaceuticals, Inc. (a)	71,219		232,174
Athersys, Inc. (a)(d)	40,391		61,394
AVEO Pharmaceuticals, Inc. (a)	43,200		288,144
BioCryst Pharmaceuticals, Inc. (a)(d)	40,934		49,121
Biogen Idec, Inc. (a)	221,141		36,784,594
BioMarin Pharmaceutical, Inc. (a)(d)	116,539		6,755,766
BioMimetic Therapeutics, Inc. (a)	29,891		283,666
Biospecifics Technologies Corp. (a)(d)	1,441		22,624
Biota Pharmaceuticals, Inc.	5,848		23,334
BioTime, Inc. (a)(d)	32,076		135,040
Cardium Therapeutics, Inc. (a)(d)	185,107		31,116
Catalyst Pharmaceutical Partners, Inc. (a)(d)	25,961		11,638
Cel-Sci Corp. (a)(d)	283,400		75,044
Celgene Corp. (a)	397,861		41,051,298
Cell Therapeutics, Inc. (a)	40,400		54,136
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
Celldex Therapeutics, Inc. (a)(d)	77,285		$ 735,753
Celsion Corp. (a)(d)	34,856		33,810
Cepheid, Inc. (a)(d)	63,653		2,318,879
Chelsea Therapeutics International Ltd. (a)	75,408		119,145
ChemoCentryx, Inc. (d)	4,508		60,813
Cleveland Biolabs, Inc. (a)(d)	35,489		55,008
Clovis Oncology, Inc. (a)(d)	12,909		243,464
Codexis, Inc. (a)	21,294		44,079
Coronado Biosciences, Inc. (a)(d)	10,731		78,551
Cubist Pharmaceuticals, Inc. (a)	68,221		2,894,617
Cubist Pharmaceuticals, Inc. rights (a)	32,062		0
Curis, Inc. (a)	51,867		139,522
Cyclacel Pharmaceuticals, Inc. (a)(d)	11,529		63,755
Cytokinetics, Inc. (d)	74,661		74,512
Cytori Therapeutics, Inc. (a)(d)	69,588		177,449
CytRx Corp. (a)(d)	25,756		54,088
DARA BioSciences, Inc. (a)(d)	8,510		8,595
Dendreon Corp. (a)(d)	131,169		759,469
Discovery Laboratories, Inc. (a)	38,893		95,677
Durata Therapeutics, Inc. (d)	7,156		61,184
Dyax Corp. (a)(d)	62,562		200,824
Dynavax Technologies Corp. (a)(d)	164,055		334,672
Emergent BioSolutions, Inc. (a)	18,513		286,766
EntreMed, Inc. (a)	289		853
Enzon Pharmaceuticals, Inc. (d)	43,430		183,709
Exact Sciences Corp. (a)(d)	55,499		592,729
Exelixis, Inc. (a)(d)	160,939		733,882
Galena Biopharma, Inc. (a)(d)	57,499		109,823
Genomic Health, Inc. (a)(d)	14,126		404,710
GenVec, Inc. (a)	8,140		13,594
Geron Corp. (a)(d)	128,101		187,027
Gilead Sciences, Inc. (a)	1,419,039		60,607,156
GTx, Inc. (a)(d)	19,627		89,303
Halozyme Therapeutics, Inc. (a)(d)	76,082		415,408
Hemispherx Biopharma, Inc. (a)	130,774		28,770
Hyperion Therapeutics, Inc.	5,781		105,445
iBio, Inc. (a)(d)	40,361		25,629
Idenix Pharmaceuticals, Inc. (a)(d)	86,105		362,502
Idera Pharmaceuticals, Inc. (a)	7,737		5,571
ImmunoCellular Therapeutics Ltd. (a)(d)	41,923		106,484
ImmunoGen, Inc. (a)(d)	69,033		1,047,231
Immunomedics, Inc. (a)(d)	54,782		125,999
Incyte Corp. (a)(d)	120,183		2,668,063
Infinity Pharmaceuticals, Inc. (a)(d)	35,540		1,467,447
Inovio Pharmaceuticals, Inc. (a)(d)	88,089		60,781
Insmed, Inc. (a)(d)	12,114		74,622
Intercept Pharmaceuticals, Inc.	4,951		193,188
InterMune, Inc. (a)	73,941		655,857
Ironwood Pharmaceuticals, Inc. Class A (a)(d)	75,886		1,132,978

	Shares		Value
Isis Pharmaceuticals, Inc. (a)(d)	87,255		$ 1,282,649
IsoRay, Inc. (a)	31,040		16,420
Keryx Biopharmaceuticals, Inc. (a)(d)	66,082		424,907
KYTHERA Biopharmaceuticals, Inc.	4,269		111,250
Lexicon Pharmaceuticals, Inc. (a)(d)	482,347		950,224
Ligand Pharmaceuticals, Inc. Class B (a)	16,755		344,148
Lpath, Inc. (a)	7,871		33,373
MannKind Corp. (a)(d)	137,962		353,183
Maxygen, Inc.	47,150		115,046
Medgenics, Inc. (a)	4,479		22,395
Medivation, Inc. (a)(d)	72,462		3,560,783
Merrimack Pharmaceuticals, Inc.	9,271		59,334
Metabolix, Inc. (a)(d)	41,636		101,175
Momenta Pharmaceuticals, Inc. (a)(d)	43,036		548,279
Myriad Genetics, Inc. (a)	72,302		1,837,917
Nanosphere, Inc. (a)(d)	36,229		70,647
Neuralstem, Inc. (a)(d)	54,208		57,460
Neurocrine Biosciences, Inc. (a)	50,654		535,919
NewLink Genetics Corp. (a)(d)	12,482		146,913
Novavax, Inc. (a)	79,584		144,843
NPS Pharmaceuticals, Inc. (a)	67,196		536,224
OncoGenex Pharmaceuticals, Inc. (a)	10,565		125,618
Oncothyreon, Inc. (a)(d)	43,661		90,378
Onyx Pharmaceuticals, Inc. (a)(d)	66,929		5,040,423
Opexa Therapeutics, Inc. (a)(d)	5,726		10,994
Opko Health, Inc. (a)(d)	116,016		805,151
Orexigen Therapeutics, Inc. (a)	56,897		339,106
Osiris Therapeutics, Inc. (a)(d)	18,170		119,559
OXiGENE, Inc. (a)	561		2,311
Oxygen Biotherapeutics, Inc. (a)(d)	27,463		7,690
Palatin Technologies, Inc. (a)	9,275		5,657
PDL BioPharma, Inc. (d)	108,271		773,055
Peregrine Pharmaceuticals, Inc. (a)(d)	84,902		110,373
Pharmacyclics, Inc. (a)(d)	52,344		4,594,756
PharmAthene, Inc. (a)(d)	51,372		66,784
Progenics Pharmaceuticals, Inc. (a)	25,311		66,821
Puma Biotechnology, Inc. (d)	7,873		202,415
Raptor Pharmaceutical Corp. (a)(d)	28,926		143,762
Regeneron Pharmaceuticals, Inc. (a)(d)	70,954		11,849,318
Regulus Therapeutics, Inc. (d)	11,075		57,036
Repligen Corp. (a)(d)	22,058		137,421
Rexahn Pharmaceuticals, Inc. (a)(d)	45,000		13,950
Rigel Pharmaceuticals, Inc. (a)(d)	75,480		507,226
Sangamo Biosciences, Inc. (a)(d)	44,798		456,492
Sarepta Therapeutics, Inc. (a)(d)	28,140		823,658
Savient Pharmaceuticals, Inc. (a)(d)	88,045		82,762
Seattle Genetics, Inc. (a)(d)	102,878		2,894,987
SIGA Technologies, Inc. (a)(d)	72,968		312,303
Spectrum Pharmaceuticals, Inc. (d)	41,659		474,913
StemCells, Inc. (a)(d)	19,840		33,926
Sunesis Pharmaceuticals, Inc. (a)(d)	32,643		170,396
Synageva BioPharma Corp. (a)(d)	8,009		400,210
Synergy Pharmaceuticals, Inc. (a)(d)	58,693		321,051
Synta Pharmaceuticals Corp. (a)	35,423		304,284
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
Synthetic Biologics, Inc. (a)(d)	46,314		$ 79,660
Targacept, Inc. (a)(d)	18,977		82,170
Telik, Inc. (a)	380		616
Theravance, Inc. (a)(d)	59,496		1,207,174
Threshold Pharmaceuticals, Inc. (a)(d)	37,822		175,116
Tranzyme, Inc. (a)	10,681		5,652
Trius Therapeutics, Inc. (a)(d)	26,469		138,962
Trovagene, Inc. (a)(d)	4,592		28,241
United Therapeutics Corp. (a)(d)	48,248		2,885,713
Vanda Pharmaceuticals, Inc. (a)	44,094		165,793
Verastem, Inc. (a)	2,425		22,844
Vertex Pharmaceuticals, Inc. (a)(d)	205,323		9,613,223
Vical, Inc. (a)(d)	65,666		210,131
XOMA Corp. (a)(d)	72,501		196,478
Zalicus, Inc. (a)(d)	104,856		68,366
ZIOPHARM Oncology, Inc. (a)(d)	79,220		350,945
			318,735,341
Health Care Equipment & Supplies - 2.2%
Abaxis, Inc. (d)	23,291		988,004
Abbott Laboratories	1,474,067		49,808,724
Abiomed, Inc. (a)(d)	36,354		583,118
Accuray, Inc. (a)(d)	37,835		161,555
Alere, Inc. (a)	62,700		1,427,052
Align Technology, Inc. (a)(d)	70,000		2,200,800
Alphatec Holdings, Inc. (a)	36,801		59,986
Analogic Corp. (d)	12,756		946,368
Angiodynamics, Inc. (a)(d)	26,377		326,811
Anika Therapeutics, Inc. (a)	9,287		115,623
Antares Pharma, Inc. (a)(d)	97,369		334,949
ArthroCare Corp. (a)	20,678		722,076
Atossa Genetics, Inc.	789		5,050
Atricure, Inc. (a)	12,717		112,927
Atrion Corp.	1,172		229,993
Bacterin International Holdings, Inc. (a)(d)	9,747		8,821
Baxter International, Inc.	518,087		35,022,681
Becton, Dickinson & Co.	183,162		16,129,246
BioLase Technology, Inc. (d)	30,401		109,748
Boston Scientific Corp. (a)	1,371,433		10,134,890
BSD Medical Corp. (a)(d)	46,363		61,199
C.R. Bard, Inc.	78,513		7,761,010
Cantel Medical Corp.	32,623		1,015,554
Cardica, Inc. (a)	23,778		27,582
Cardiovascular Systems, Inc. (a)(d)	12,870		203,475
CareFusion Corp. (a)	200,931		6,578,481
Cerus Corp. (a)(d)	50,032		164,605
Conceptus, Inc. (a)(d)	26,951		601,816
CONMED Corp.	19,521		607,298
Covidien PLC	443,714		28,206,899
Cryolife, Inc.	20,961		128,491
Cutera, Inc. (a)	15,449		199,292

	Shares		Value
Cyberonics, Inc. (a)(d)	26,017		$ 1,190,278
Cynosure, Inc. Class A (a)	12,701		359,819
Delcath Systems, Inc. (a)(d)	119,898		185,842
DENTSPLY International, Inc.	147,347		6,103,113
Derma Sciences, Inc. (a)(d)	7,901		97,419
DexCom, Inc. (a)(d)	65,323		975,272
DynaVox, Inc. Class A (a)	5,368		2,460
Edwards Lifesciences Corp. (a)(d)	106,727		9,171,051
Endologix, Inc. (a)(d)	46,783		704,552
EnteroMedics, Inc. (a)	21,626		18,153
ERBA Diagnostics, Inc. (a)	3,094		2,321
Exactech, Inc. (a)	3,102		57,108
Fonar Corp. (a)	719		3,875
Genmark Diagnostics, Inc. (a)(d)	17,233		179,740
Globus Medical, Inc. (d)	7,896		114,097
Greatbatch, Inc. (a)	22,320		604,202
Haemonetics Corp. (a)(d)	43,426		1,791,323
Hansen Medical, Inc. (a)(d)	48,696		104,209
Hill-Rom Holdings, Inc.	51,670		1,693,743
Hologic, Inc. (a)(d)	247,079		5,393,735
ICU Medical, Inc. (a)(d)	17,344		984,445
IDEXX Laboratories, Inc. (a)(d)	50,000		4,606,000
Insulet Corp. (a)(d)	55,000		1,241,350
Integra LifeSciences Holdings Corp. (a)(d)	14,197		578,386
Intuitive Surgical, Inc. (a)	37,346		19,042,352
Invacare Corp.	28,414		412,287
Kewaunee Scientific Corp.	1,376		17,998
LeMaitre Vascular, Inc.	3,845		23,455
Mako Surgical Corp. (a)(d)	32,106		410,636
Masimo Corp. (d)	62,689		1,244,377
Medical Action Industries, Inc. (a)	12,909		76,421
Medtronic, Inc.	949,634		42,695,545
MELA Sciences, Inc. (a)(d)	40,114		59,770
Meridian Bioscience, Inc. (d)	35,455		751,646
Merit Medical Systems, Inc. (a)	29,543		352,153
Misonix, Inc. (a)	2,579		14,700
Natus Medical, Inc. (a)	24,629		312,788
Navidea Biopharmaceuticals, Inc. (a)(d)	114,446		351,349
Neogen Corp. (a)	25,237		1,181,596
NuVasive, Inc. (a)(d)	44,714		830,339
NxStage Medical, Inc. (a)(d)	42,830		480,553
OraSure Technologies, Inc. (a)(d)	46,551		258,824
Orthofix International NV (a)	16,427		612,070
Palomar Medical Technologies, Inc. (a)	15,820		174,653
PhotoMedex, Inc. (a)(d)	6,551		96,627
Quidel Corp. (a)(d)	35,813		847,694
ResMed, Inc. (d)	155,104		6,900,577
Retractable Technologies, Inc. (a)	5,248		5,169
Rochester Medical Corp. (a)	2,100		30,996
Rockwell Medical Technologies, Inc. (a)(d)	7,369		32,497
RTI Biologics, Inc. (a)	29,474		106,991
Sirona Dental Systems, Inc. (a)	48,806		3,466,202
Solta Medical, Inc. (a)	40,698		92,791
St. Jude Medical, Inc. (d)	284,901		11,680,941
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Staar Surgical Co. (a)	15,788		$ 85,097
Stereotaxis, Inc. (a)(d)	2,453		5,348
Steris Corp. (d)	82,536		3,218,904
Stryker Corp.	269,553		17,219,046
SurModics, Inc. (a)	19,525		495,154
Symmetry Medical, Inc. (a)	29,367		306,298
Synergetics USA, Inc. (a)	3,622		19,269
Teleflex, Inc.	35,045		2,802,198
The Cooper Companies, Inc.	42,920		4,552,095
The Spectranetics Corp. (a)(d)	29,169		529,417
Theragenics Corp. (a)	22,546		36,750
ThermoGenesis Corp. (a)(d)	15,844		14,260
Thoratec Corp. (a)	57,172		2,013,026
TranS1, Inc. (a)	5,200		11,388
Unilife Corp. (a)(d)	50,575		126,943
Urologix, Inc. (a)	3,267		2,189
Uroplasty, Inc. (a)	1,597		3,897
Varian Medical Systems, Inc. (a)(d)	101,219		7,149,098
Vascular Solutions, Inc. (a)	2,125		32,258
Vermillion, Inc. (a)	5,249		6,404
Volcano Corp. (a)(d)	46,394		1,003,966
West Pharmaceutical Services, Inc.	28,551		1,725,051
Wright Medical Group, Inc. (a)(d)	29,686		690,199
Zeltiq Aesthetics, Inc. (a)(d)	6,038		24,333
Zimmer Holdings, Inc.	161,495		12,105,665
			347,888,867
Health Care Providers & Services - 2.0%
Acadia Healthcare Co., Inc. (a)(d)	30,637		833,939
Accretive Health, Inc. (a)(d)	42,994		411,883
Aetna, Inc.	311,680		14,708,179
Air Methods Corp. (d)	37,158		1,664,307
Alliance Healthcare Services, Inc. (a)	17,141		120,673
Almost Family, Inc.	9,932		204,500
Amedisys, Inc. (a)(d)	20,047		226,531
AmerisourceBergen Corp.	235,018		11,092,850
AMN Healthcare Services, Inc. (a)(d)	76,320		1,076,112
AmSurg Corp. (a)	25,500		770,100
Assisted Living Concepts, Inc. Class A	16,849		199,492
Bio-Reference Laboratories, Inc. (a)(d)	31,917		845,162
BioScrip, Inc. (a)	41,738		457,031
Brookdale Senior Living, Inc. (a)	93,728		2,594,391
Capital Senior Living Corp. (a)	26,619		612,237
Cardinal Health, Inc.	310,473		14,346,957
CardioNet, Inc. (a)	34,161		85,061
Centene Corp. (a)	49,035		2,207,556
Chemed Corp.	14,268		1,101,347
Chindex International, Inc. (a)(d)	9,187		100,598
CIGNA Corp.	263,345		15,395,149
Community Health Systems, Inc.	114,654		4,845,278
Corvel Corp. (a)	8,848		425,058

	Shares		Value
Coventry Health Care, Inc.	124,996		$ 5,669,819
Cross Country Healthcare, Inc. (a)	40,427		230,434
DaVita, Inc. (a)	77,571		9,279,043
Emeritus Corp. (a)	31,438		895,669
ExamWorks Group, Inc. (a)(d)	20,990		297,218
Express Scripts Holding Co. (a)	763,329		43,441,053
Five Star Quality Care, Inc. (a)(d)	32,241		204,408
Gentiva Health Services, Inc. (a)	24,132		253,869
Hanger, Inc. (a)	27,160		805,566
HCA Holdings, Inc.	227,570		8,440,571
Health Management Associates, Inc. Class A (a)(d)	222,836		2,448,968
Health Net, Inc. (a)	71,306		1,835,416
HealthSouth Corp. (a)(d)	85,304		2,057,532
Healthways, Inc. (a)	33,821		434,600
Henry Schein, Inc. (a)(d)	78,240		6,980,573
HMS Holdings Corp. (a)(d)	81,690		2,368,193
Hooper Holmes, Inc. (a)	6,267		3,127
Humana, Inc.	145,992		9,965,414
IPC The Hospitalist Co., Inc. (a)(d)	20,567		857,644
Kindred Healthcare, Inc. (a)(d)	37,371		421,171
Laboratory Corp. of America Holdings (a)	96,901		8,585,429
Landauer, Inc.	14,935		876,834
LCA-Vision, Inc. (a)	27,238		78,718
LHC Group, Inc. (a)	12,810		260,299
LifePoint Hospitals, Inc. (a)	49,772		2,194,447
Magellan Health Services, Inc. (a)	25,186		1,298,590
McKesson Corp.	217,757		23,110,550
MEDNAX, Inc. (a)(d)	44,058		3,772,246
Molina Healthcare, Inc. (a)	24,412		778,987
MWI Veterinary Supply, Inc. (a)	13,354		1,686,076
National Healthcare Corp.	6,159		285,593
National Research Corp.	320		18,202
NeoStem, Inc. (a)(d)	112,699		68,239
Omnicare, Inc.	104,008		3,875,338
Owens & Minor, Inc. (d)	59,970		1,826,087
Patterson Companies, Inc.	78,096		2,838,009
PDI, Inc. (a)(d)	1,365		9,965
PharMerica Corp. (a)(d)	29,176		418,092
Providence Service Corp. (a)	13,245		226,225
Quest Diagnostics, Inc.	146,597		8,234,353
RadNet, Inc. (a)(d)	27,076		76,625
Select Medical Holdings Corp.	37,877		349,983
Sharps Compliance Corp. (a)	5,184		15,137
Skilled Healthcare Group, Inc. (a)(d)	27,157		158,054
Team Health Holdings, Inc. (a)	31,431		1,052,624
Tenet Healthcare Corp. (a)	99,732		3,920,465
The Ensign Group, Inc.	8,656		271,106
Triple-S Management Corp. (a)	20,220		363,151
U.S. Physical Therapy, Inc.	11,240		276,729
UnitedHealth Group, Inc.	956,152		51,106,324
Universal American Spin Corp. (d)	33,569		279,965
Universal Health Services, Inc. Class B	83,733		4,847,303
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Providers & Services - continued
Vanguard Health Systems, Inc. (a)	30,455		$ 452,866
VCA Antech, Inc. (a)(d)	74,767		1,641,883
Wellcare Health Plans, Inc. (a)	41,317		2,362,919
WellPoint, Inc.	291,689		18,137,222
			316,969,314
Health Care Technology - 0.1%
Allscripts Healthcare Solutions, Inc. (a)	157,560		2,004,163
athenahealth, Inc. (a)(d)	32,907		3,086,348
Authentidate Holding Corp. (a)	816		561
Cerner Corp. (a)(d)	135,411		11,843,046
CollabRx, Inc. (a)	87		297
Computer Programs & Systems, Inc. (d)	21,937		1,143,795
Epocrates, Inc. (a)	10,933		128,463
Greenway Medical Technologies (d)	5,301		84,021
HealthStream, Inc. (a)(d)	34,016		727,602
MedAssets, Inc. (a)	39,701		733,277
Medidata Solutions, Inc. (a)	26,465		1,379,356
Merge Healthcare, Inc. (a)(d)	37,852		92,737
Omnicell, Inc. (a)	25,141		453,041
Quality Systems, Inc.	52,869		979,134
Vocera Communications, Inc. (d)	5,171		136,359
			22,792,200
Life Sciences Tools & Services - 0.6%
Accelerate Diagnostics, Inc. (a)	8,536		44,814
Affymetrix, Inc. (a)(d)	55,779		227,021
Agilent Technologies, Inc.	320,533		13,295,709
Albany Molecular Research, Inc. (a)	23,897		193,088
Apricus Biosciences, Inc. (a)(d)	18,211		48,623
BG Medicine, Inc. (a)	3,134		5,390
Bio-Rad Laboratories, Inc. Class A (a)	19,230		2,369,136
Bruker BioSciences Corp. (a)	80,763		1,416,583
Cambrex Corp. (a)	18,522		213,188
Charles River Laboratories International, Inc. (a)	42,610		1,735,931
Complete Genomics, Inc. (a)	13,147		41,150
Covance, Inc. (a)(d)	51,822		3,450,827
Enzo Biochem, Inc. (a)	14,697		44,091
Fluidigm Corp. (a)(d)	18,074		311,957
Furiex Pharmaceuticals, Inc. (a)	9,211		341,360
Harvard Bioscience, Inc. (a)	675		3,881
Illumina, Inc. (a)(d)	126,010		6,316,881
Life Technologies Corp. (a)	158,332		9,203,839
Luminex Corp. (a)(d)	39,871		673,022
Mettler-Toledo International, Inc. (a)(d)	30,026		6,389,533
Pacific Biosciences of California, Inc. (a)	28,978		66,649
PAREXEL International Corp. (a)(d)	52,568		1,823,584
PerkinElmer, Inc.	100,729		3,441,910
pSivida Corp. (a)	25,265		54,320
Sequenom, Inc. (a)(d)	91,772		377,183
Strategic Diagnostics, Inc. (a)	2,665		2,825

	Shares		Value
Techne Corp.	35,747		$ 2,430,439
Thermo Fisher Scientific, Inc.	337,779		24,928,090
Waters Corp. (a)	81,803		7,584,774
			87,035,798
Pharmaceuticals - 4.9%
AbbVie, Inc.	1,484,571		54,810,361
Actavis, Inc. (a)	117,843		10,035,510
Acura Pharmaceuticals, Inc. (a)(d)	2,885		5,943
Akorn, Inc. (a)(d)	58,979		813,910
Alexza Pharmaceuticals, Inc. (a)(d)	13,886		61,515
Alimera Sciences, Inc. (a)	3,741		11,223
Allergan, Inc.	290,720		31,519,862
Ampio Pharmaceuticals, Inc. (a)(d)	26,020		100,958
Auxilium Pharmaceuticals, Inc. (a)(d)	37,784		644,217
AVANIR Pharmaceuticals Class A (a)(d)	100,270		273,737
Biodel, Inc. (a)(d)	8,109		22,138
Biodelivery Sciences International, Inc. (a)	15,298		57,673
BioSante Pharmaceuticals, Inc. (a)(d)	21,445		28,093
Bristol-Myers Squibb Co.	1,544,466		57,098,908
Cadence Pharmaceuticals, Inc. (a)(d)	43,831		214,772
Cempra, Inc.	9,089		59,260
Columbia Laboratories, Inc. (a)(d)	42,578		26,279
Corcept Therapeutics, Inc. (a)(d)	36,105		58,851
Cornerstone Therapeutics, Inc. (a)	11,437		76,285
Cumberland Pharmaceuticals, Inc. (a)(d)	7,158		31,352
DepoMed, Inc. (a)(d)	31,971		206,852
Durect Corp. (a)	121,504		136,084
Echo Therapeutics, Inc. (a)(d)	20,093		15,070
Eli Lilly & Co.	956,322		52,272,561
Endo Health Solutions, Inc. (a)	113,364		3,514,284
Endocyte, Inc. (a)(d)	47,373		457,149
Forest Laboratories, Inc. (a)	228,644		8,414,099
Hi-Tech Pharmacal Co., Inc. (d)	12,868		476,245
Horizon Pharma, Inc. (d)	37,555		79,241
Hospira, Inc. (a)	171,244		5,039,711
Impax Laboratories, Inc. (a)	57,998		1,150,100
Jazz Pharmaceuticals PLC (a)(d)	45,062		2,621,707
Johnson & Johnson	2,593,486		197,390,219
Lannett Co., Inc. (a)	27,670		228,554
MAP Pharmaceuticals, Inc. (a)(d)	25,044		626,100
Merck & Co., Inc.	2,849,519		121,759,947
Mylan, Inc. (a)	369,805		10,949,926
Nektar Therapeutics (a)(d)	110,915		1,028,182
NuPathe, Inc. (a)(d)	18,258		59,704
Obagi Medical Products, Inc. (a)	21,864		294,727
Omeros Corp. (a)(d)	20,009		108,649
Optimer Pharmaceuticals, Inc. (a)(d)	39,316		476,510
Pacira Pharmaceuticals, Inc. (a)(d)	42,514		929,356
Pain Therapeutics, Inc.	34,536		101,190
Pernix Therapeutics Holdings, Inc. (a)(d)	5,833		34,765
Perrigo Co.	81,693		9,245,197
Pfizer, Inc.	6,900,227		188,859,213
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Pharmaceuticals - continued
Pozen, Inc. (a)(d)	23,223		$ 143,750
Questcor Pharmaceuticals, Inc. (d)	59,227		1,930,800
Repros Therapeutics, Inc. (a)(d)	14,128		166,004
Sagent Pharmaceuticals, Inc. (a)(d)	10,801		177,136
Salix Pharmaceuticals Ltd. (a)	48,250		2,357,013
Santarus, Inc. (a)(d)	38,184		506,702
SciClone Pharmaceuticals, Inc. (a)(d)	46,113		219,498
Somaxon Pharmaceuticals, Inc. (a)(d)	6,532		18,551
Sucampo Pharmaceuticals, Inc. Class A (a)	10,506		53,686
Supernus Pharmaceuticals, Inc. (a)(d)	9,151		70,097
The Medicines Company (a)	52,840		1,680,840
Transcept Pharmaceuticals, Inc. (a)	2,494		14,465
Ventrus Biosciences, Inc. (a)(d)	6,995		21,405
ViroPharma, Inc. (a)(d)	60,392		1,506,176
VIVUS, Inc. (a)(d)	111,051		1,190,467
Warner Chilcott PLC (d)	165,178		2,231,555
XenoPort, Inc. (a)(d)	57,569		439,827
Zoetis, Inc. Class A	82,000		2,742,900
Zogenix, Inc. (a)(d)	43,460		81,270
			777,978,331
TOTAL HEALTH CARE			1,871,399,851
INDUSTRIALS - 11.1%
Aerospace & Defense - 2.1%
AAR Corp.	45,448		798,521
AeroVironment, Inc. (a)(d)	13,243		292,935
Alliant Techsystems, Inc.	27,998		1,842,268
American Science & Engineering, Inc.	13,204		825,778
API Technologies Corp. (a)(d)	22,349		58,554
Ascent Solar Technologies, Inc. (a)(d)	33,082		21,503
Astronics Corp. (a)	6,636		182,822
Astrotech Corp. (a)	8,707		7,227
BE Aerospace, Inc. (a)	98,215		5,167,091
Breeze Industrial Products Corp. (a)	1,281		10,440
CPI Aerostructures, Inc. (a)	3,805		33,865
Cubic Corp.	13,440		560,986
Curtiss-Wright Corp.	45,438		1,577,153
DigitalGlobe, Inc. (a)	70,420		1,836,554
Ducommun, Inc. (a)	15,643		242,467
EDAC Technologies Corp. (a)(d)	4,274		65,392
Engility Holdings, Inc. (a)(d)	14,341		270,615
Esterline Technologies Corp. (a)	30,025		2,069,623
Exelis, Inc.	193,690		1,998,881
GenCorp, Inc. (non-vtg.) (a)(d)	89,447		1,077,836
General Dynamics Corp.	313,129		21,283,378
HEICO Corp. Class A	36,331		1,209,822
Hexcel Corp. (a)	86,216		2,349,386

	Shares		Value
Honeywell International, Inc.	732,334		$ 51,336,613
Huntington Ingalls Industries, Inc.	51,071		2,453,451
Innovative Solutions & Support, Inc.	21,878		100,201
KEYW Holding Corp. (a)(d)	21,302		308,879
Kratos Defense & Security Solutions, Inc. (a)(d)	44,930		190,054
L-3 Communications Holdings, Inc.	86,081		6,565,398
LMI Aerospace, Inc. (a)	6,877		152,326
Lockheed Martin Corp.	249,444		21,951,072
Moog, Inc. Class A (a)(d)	37,679		1,694,048
National Presto Industries, Inc. (d)	4,216		320,374
Northrop Grumman Corp.	225,796		14,830,281
Orbital Sciences Corp. (a)	40,989		605,817
Precision Castparts Corp.	137,053		25,572,719
Raytheon Co.	310,361		16,936,400
Rockwell Collins, Inc. (d)	124,488		7,482,974
SIFCO Industries, Inc.	891		14,292
Sparton Corp. (a)	3,920		56,213
Spirit AeroSystems Holdings, Inc. Class A (a)	98,651		1,717,514
Sypris Solutions, Inc.	16,848		69,751
Taser International, Inc. (a)	58,908		438,865
Teledyne Technologies, Inc. (a)	29,878		2,198,423
Textron, Inc.	260,495		7,515,281
The Boeing Co.	634,274		48,775,671
TransDigm Group, Inc.	48,745		6,938,363
Triumph Group, Inc.	48,645		3,571,029
United Technologies Corp.	787,352		71,294,724
			336,873,830
Air Freight & Logistics - 0.7%
Air Transport Services Group, Inc. (a)(d)	108,399		598,362
Atlas Air Worldwide Holdings, Inc. (a)	36,312		1,713,563
C.H. Robinson Worldwide, Inc.	150,495		8,581,225
Echo Global Logistics, Inc. (a)	11,731		218,783
Expeditors International of Washington, Inc.	197,701		7,680,684
FedEx Corp.	272,333		28,712,068
Forward Air Corp.	28,163		1,062,308
Hub Group, Inc. Class A (a)(d)	34,129		1,287,687
Pacer International, Inc. (a)(d)	29,688		123,205
Park-Ohio Holdings Corp. (a)	3,535		71,902
Radiant Logistics, Inc. (a)(d)	14,104		30,465
United Parcel Service, Inc. Class B	666,512		55,087,217
UTI Worldwide, Inc.	92,577		1,409,948
XPO Logistics, Inc. (a)(d)	10,264		178,799
			106,756,216
Airlines - 0.2%
Alaska Air Group, Inc. (a)	59,510		3,067,741
Allegiant Travel Co.	24,598		1,974,973
Delta Air Lines, Inc. (a)	772,651		11,025,730
Hawaiian Holdings, Inc. (a)(d)	71,807		406,428
JetBlue Airways Corp. (a)(d)	168,034		1,018,286
Republic Airways Holdings, Inc. (a)	81,894		770,623
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Airlines - continued
SkyWest, Inc.	63,299		$ 886,186
Southwest Airlines Co.	643,054		7,523,732
Spirit Airlines, Inc. (a)	46,648		944,622
United Continental Holdings, Inc. (a)(d)	301,593		8,055,549
US Airways Group, Inc. (a)(d)	143,221		1,923,458
			37,597,328
Building Products - 0.2%
A.O. Smith Corp. (d)	36,923		2,641,102
AAON, Inc.	33,674		810,196
Ameresco, Inc. Class A (a)(d)	38,199		317,434
American Woodmark Corp. (a)	9,343		299,910
Apogee Enterprises, Inc.	33,247		857,440
Armstrong World Industries, Inc. (d)	15,342		784,436
Builders FirstSource, Inc. (a)(d)	54,285		328,424
Fortune Brands Home & Security, Inc. (a)	151,004		5,217,188
Gibraltar Industries, Inc. (a)	56,316		965,819
Griffon Corp.	38,833		437,648
Insteel Industries, Inc.	16,775		266,555
Lennox International, Inc.	38,428		2,269,942
Masco Corp.	332,269		6,399,501
NCI Building Systems, Inc. (a)	16,002		261,633
Nortek, Inc. (a)	12,474		897,380
Owens Corning (a)(d)	130,235		5,054,420
Patrick Industries, Inc. (a)(d)	7,747		102,725
Quanex Building Products Corp.	24,300		483,813
Simpson Manufacturing Co. Ltd. (d)	40,648		1,182,857
Trex Co., Inc. (a)(d)	11,686		552,047
Universal Forest Products, Inc. (d)	26,737		1,084,987
USG Corp. (a)(d)	77,759		2,194,359
			33,409,816
Commercial Services & Supplies - 0.8%
A.T. Cross Co. Class A (a)	3,868		47,228
ABM Industries, Inc.	41,566		943,548
ACCO Brands Corp. (d)	120,265		901,988
Acorn Energy, Inc. (d)	12,727		82,853
ADT Corp. (d)	214,104		10,253,441
ARC Document Solutions, Inc. (a)	46,203		103,957
Avery Dennison Corp.	106,008		4,330,427
Casella Waste Systems, Inc. Class A (a)(d)	64,851		303,503
CECO Environmental Corp.	2,290		24,732
Cenveo, Inc. (a)(d)	104,135		218,684
Cintas Corp.	89,845		3,944,196
Clean Harbors, Inc. (a)(d)	47,498		2,446,147
Consolidated Graphics, Inc. (a)(d)	14,819		572,013
Copart, Inc. (a)	124,595		4,253,673
Corrections Corp. of America	88,360		3,388,606
Courier Corp.	17,378		218,094
Covanta Holding Corp. (d)	125,817		2,460,981
Deluxe Corp. (d)	54,408		2,158,909

	Shares		Value
EnergySolutions, Inc. (a)	165,491		$ 615,627
EnerNOC, Inc. (a)(d)	25,460		419,835
Ennis, Inc.	21,290		333,401
Fuel Tech, Inc. (a)	51,934		230,068
G&K Services, Inc. Class A	16,380		682,555
Healthcare Services Group, Inc. (d)	52,919		1,275,348
Heritage-Crystal Clean, Inc. (a)(d)	7,679		113,265
Herman Miller, Inc.	49,763		1,194,312
HNI Corp. (d)	49,416		1,559,569
Hudson Technologies, Inc. (a)(d)	5,394		23,464
Industrial Services of America, Inc. (a)(d)	1,620		4,860
InnerWorkings, Inc. (a)(d)	28,532		421,418
Interface, Inc.	44,100		807,471
Intersections, Inc.	12,865		134,954
Iron Mountain, Inc.	183,385		6,326,783
KAR Auction Services, Inc.	83,381		1,769,345
Kimball International, Inc. Class B	16,142		148,668
Knoll, Inc.	32,235		548,640
McGrath RentCorp.	17,562		517,903
Metalico, Inc. (a)(d)	55,605		91,192
Mine Safety Appliances Co.	26,951		1,262,654
Mobile Mini, Inc. (a)(d)	36,488		982,257
Multi-Color Corp.	7,946		191,737
NL Industries, Inc.	6,707		85,850
Performant Financial Corp. (d)	11,395		150,984
Perma-Fix Environmental Services, Inc. (a)	34,689		31,567
Pitney Bowes, Inc. (d)	187,772		2,459,813
Quad/Graphics, Inc. (d)	22,071		480,044
R.R. Donnelley & Sons Co. (d)	150,758		1,573,914
Republic Services, Inc.	279,496		8,787,354
Rollins, Inc.	69,664		1,707,465
Schawk, Inc. Class A	4,209		45,289
Standard Parking Corp. (a)	5,698		118,262
Standard Register Co.	19,851		10,521
Steelcase, Inc. Class A	74,937		1,060,359
Stericycle, Inc. (a)	80,780		7,748,418
Swisher Hygiene, Inc. (Canada) (a)(d)	144,744		204,089
Team, Inc. (a)	18,138		795,533
Tetra Tech, Inc. (a)	56,334		1,625,799
The Brink's Co.	40,696		1,076,409
TMS International Corp. (a)	14,898		205,294
TRC Companies, Inc. (a)	13,255		85,362
Tyco International Ltd.	436,716		13,979,279
Unifirst Corp. Massachusetts	12,480		1,042,579
United Stationers, Inc.	31,409		1,137,006
US Ecology, Inc.	25,366		630,852
Viad Corp.	19,833		544,614
Virco Manufacturing Co. (a)	2,682		7,000
Waste Connections, Inc.	109,931		3,760,740
Waste Management, Inc.	396,275		14,788,983
			120,451,685
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Construction & Engineering - 0.3%
AECOM Technology Corp. (a)(d)	100,199		$ 3,037,032
Aegion Corp. (a)(d)	34,101		819,447
Argan, Inc.	7,465		124,889
Comfort Systems USA, Inc.	43,738		545,850
Dycom Industries, Inc. (a)	25,959		543,841
EMCOR Group, Inc.	58,224		2,245,700
Fluor Corp.	155,989		9,655,719
Foster Wheeler AG (a)	92,101		2,215,950
Furmanite Corp. (a)	35,767		213,529
Goldfield Corp. (d)	22,426		83,873
Granite Construction, Inc.	31,641		983,719
Great Lakes Dredge & Dock Corp.	39,072		380,952
Integrated Electrical Services, Inc. (a)	13,442		77,964
Jacobs Engineering Group, Inc. (a)	112,424		5,490,788
KBR, Inc.	139,890		4,251,257
Layne Christensen Co. (a)(d)	15,356		337,678
MasTec, Inc. (a)(d)	50,211		1,510,849
Michael Baker Corp.	6,265		151,864
MYR Group, Inc. (a)	25,270		586,517
Northwest Pipe Co. (a)	12,188		291,049
Orion Marine Group, Inc. (a)(d)	15,813		150,540
Pike Electric Corp.	14,023		195,481
Primoris Services Corp.	27,169		509,419
Quanta Services, Inc. (a)	201,419		5,720,300
Sterling Construction Co., Inc. (a)	31,847		359,871
Tutor Perini Corp. (a)	37,087		630,850
UniTek Global Services, Inc. (a)	18,062		63,578
URS Corp.	82,388		3,481,717
			44,660,223
Electrical Equipment - 0.8%
Active Power, Inc. (a)(d)	10,523		48,090
Acuity Brands, Inc. (d)	38,677		2,635,064
Allied Motion Technologies, Inc.	4,209		29,463
Altair Nanotechnologies, Inc. (a)(d)	10,605		21,846
American Superconductor Corp. (a)(d)	126,771		366,368
AMETEK, Inc.	227,538		9,517,915
AZZ, Inc.	24,628		1,099,886
Babcock & Wilcox Co.	118,199		3,193,737
Belden, Inc.	39,680		1,998,285
Brady Corp. Class A	43,963		1,496,940
Broadwind Energy, Inc. (a)	15,938		53,711
Capstone Turbine Corp. (a)(d)	814,128		789,704
Coleman Cable, Inc.	5,164		51,175
Eaton Corp. PLC	428,520		26,555,384
Emerson Electric Co.	674,974		38,271,026
Encore Wire Corp.	23,059		753,799
EnerSys (a)	39,836		1,628,496
Enphase Energy, Inc. (d)	8,807		43,419
Espey Manufacturing & Electronics Corp.	2,015		51,987
Franklin Electric Co., Inc. (d)	17,393		1,131,763
FuelCell Energy, Inc. (a)	246,058		260,821

	Shares		Value
Generac Holdings, Inc. (d)	30,944		$ 1,066,021
General Cable Corp. (a)(d)	39,737		1,308,937
Global Power Equipment Group, Inc.	10,454		175,418
GrafTech International Ltd. (a)(d)	132,891		982,064
Hubbell, Inc. Class B	49,454		4,594,771
II-VI, Inc. (a)(d)	46,725		809,744
LSI Industries, Inc.	24,011		165,436
MagneTek, Inc. (a)	2,664		33,300
Ocean Power Technologies, Inc. (a)(d)	11,040		21,749
Plug Power, Inc. (a)(d)	38,179		6,490
Polypore International, Inc. (a)(d)	41,032		1,570,705
Powell Industries, Inc. (a)	7,721		449,439
PowerSecure International, Inc. (a)	20,869		176,343
Preformed Line Products Co.	1,961		138,878
Regal-Beloit Corp.	40,174		3,104,647
Revolution Lighting Technologies, Inc. (a)	1,806		1,860
Rockwell Automation, Inc.	127,826		11,547,801
Roper Industries, Inc.	90,096		11,226,863
SL Industries, Inc.	3,648		69,093
SolarCity Corp. (d)	12,947		234,470
Thermon Group Holdings, Inc. (a)	10,097		206,989
Ultralife Corp. (a)	13,410		50,958
Vicor Corp. (a)	10,982		57,985
			127,998,840
Industrial Conglomerates - 2.1%
3M Co.	597,243		62,113,272
Carlisle Companies, Inc.	55,830		3,789,182
Danaher Corp.	547,005		33,695,508
General Electric Co.	9,822,809		228,085,625
Raven Industries, Inc. (d)	30,000		846,900
Seaboard Corp.	366		1,044,194
			329,574,681
Machinery - 2.3%
Accuride Corp. (a)(d)	79,004		319,966
Actuant Corp. Class A (d)	71,032		2,160,083
Adept Technology, Inc. (a)	2,954		8,803
AGCO Corp.	85,338		4,393,200
Alamo Group, Inc.	17,898		640,390
Albany International Corp. Class A	47,080		1,344,605
Altra Holdings, Inc.	19,022		489,626
American Railcar Industries, Inc.	11,797		514,821
Ampco-Pittsburgh Corp.	10,414		194,846
Astec Industries, Inc. (d)	12,338		439,356
Barnes Group, Inc.	47,337		1,259,638
Blount International, Inc. (a)	31,486		474,494
Briggs & Stratton Corp.	42,488		1,039,256
Cascade Corp.	13,797		886,457
Caterpillar, Inc.	608,193		56,178,787
Chart Industries, Inc. (a)(d)	27,582		2,001,350
CIRCOR International, Inc.	13,068		544,674
CLARCOR, Inc. (d)	46,115		2,351,404
Colfax Corp. (a)(d)	64,640		2,805,376
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Machinery - continued
Columbus McKinnon Corp. (NY Shares) (a)	26,972		$ 529,191
Commercial Vehicle Group, Inc. (a)	77,079		608,924
Crane Co.	41,480		2,230,794
Cummins, Inc.	162,557		18,835,480
Deere & Co.	362,253		31,816,681
Donaldson Co., Inc.	119,915		4,320,537
Douglas Dynamics, Inc.	29,195		415,153
Dover Corp.	166,240		12,193,704
Dynamic Materials Corp.	17,783		300,533
Eastern Co.	2,354		39,147
Energy Recovery, Inc. (a)(d)	81,715		402,038
EnPro Industries, Inc. (a)(d)	22,235		1,034,595
ESCO Technologies, Inc.	20,247		821,218
ExOne Co. (d)	5,200		141,388
Federal Signal Corp. (a)	80,990		631,722
Flow International Corp. (a)	66,905		248,218
Flowserve Corp.	44,479		7,138,880
FreightCar America, Inc.	19,411		408,213
Gardner Denver, Inc.	45,246		3,212,014
Gencor Industries, Inc. (a)	1,849		13,239
Gorman-Rupp Co. (d)	14,200		409,528
Graco, Inc.	51,140		2,971,234
Graham Corp.	12,124		282,368
Greenbrier Companies, Inc. (a)(d)	21,771		440,863
Hardinge, Inc.	12,474		163,160
Harsco Corp.	75,085		1,800,538
Hurco Companies, Inc. (a)	3,319		93,330
Hyster-Yale Materials Handling Class A	12,438		637,199
IDEX Corp.	74,036		3,770,653
Illinois Tool Works, Inc.	397,863		24,468,575
Ingersoll-Rand PLC	283,533		14,928,012
ITT Corp.	114,023		3,002,226
John Bean Technologies Corp.	23,559		434,192
Joy Global, Inc.	99,017		6,271,737
Kadant, Inc.	18,429		452,432
Kaydon Corp.	29,963		749,375
Kennametal, Inc. (d)	67,614		2,737,015
L.B. Foster Co. Class A	10,636		469,686
Lincoln Electric Holdings, Inc.	88,988		4,987,777
Lindsay Corp.	10,287		879,024
Lydall, Inc. (a)	9,770		147,136
Manitex International, Inc. (a)(d)	6,745		64,617
Manitowoc Co., Inc. (d)	113,567		2,103,261
Meritor, Inc. (a)	87,590		385,396
Met-Pro Corp.	10,211		100,680
Middleby Corp. (a)(d)	16,713		2,495,418
Miller Industries, Inc.	16,197		257,856
Mueller Industries, Inc.	25,011		1,330,085
Mueller Water Products, Inc. Class A	130,935		735,855
Navistar International Corp. (a)(d)	71,306		1,770,528

	Shares		Value
NN, Inc. (a)(d)	12,121		$ 104,968
Nordson Corp.	52,385		3,321,209
Omega Flex, Inc.	258		3,594
Oshkosh Truck Corp. (a)	84,157		3,245,094
PACCAR, Inc.	331,975		15,745,574
Pall Corp.	103,105		7,029,699
Parker Hannifin Corp.	138,351		13,071,402
Pentair Ltd.	196,121		10,447,366
PMFG, Inc. (a)(d)	15,367		104,035
Proto Labs, Inc.	7,469		347,234
RBC Bearings, Inc. (a)(d)	21,831		1,088,057
Rexnord Corp.	31,453		640,698
Sauer-Danfoss, Inc.	13,027		705,021
Snap-On, Inc.	55,924		4,489,019
SPX Corp.	46,613		3,752,813
Standex International Corp. (d)	10,804		581,471
Stanley Black & Decker, Inc.	155,097		12,206,134
Sun Hydraulics Corp.	19,343		539,476
Tecumseh Products Co. Class A (non-vtg.) (a)	29,489		267,170
Tennant Co.	13,999		653,333
Terex Corp. (a)(d)	97,076		3,185,064
Timken Co.	75,024		4,075,304
Titan International, Inc. (d)	42,501		897,196
Toro Co.	58,344		2,631,314
TriMas Corp. (a)(d)	46,817		1,343,180
Trinity Industries, Inc. (d)	70,615		3,053,393
Twin Disc, Inc. (d)	7,177		171,530
Valmont Industries, Inc.	23,843		3,756,465
Wabash National Corp. (a)(d)	74,589		711,579
WABCO Holdings, Inc. (a)	59,750		4,106,020
Wabtec Corp.	49,289		4,819,971
Watts Water Technologies, Inc. Class A	38,674		1,815,358
Woodward, Inc.	51,161		1,914,956
Xylem, Inc.	189,589		5,213,698
			358,766,952
Marine - 0.0%
Baltic Trading Ltd.	21,117		77,711
Eagle Bulk Shipping, Inc. (a)(d)	19,099		37,052
Genco Shipping & Trading Ltd. (a)(d)	76,288		196,060
International Shipholding Corp.	10,420		190,790
Kirby Corp. (a)(d)	49,913		3,792,390
Matson, Inc. (d)	37,893		974,229
			5,268,232
Professional Services - 0.4%
Acacia Research Corp. (a)(d)	43,794		1,224,480
Advisory Board Co. (a)(d)	32,138		1,632,932
Barrett Business Services, Inc.	6,681		291,826
CBIZ, Inc. (a)(d)	37,390		237,800
CDI Corp.	9,649		158,823
Corporate Executive Board Co.	29,612		1,603,194
CRA International, Inc. (a)(d)	15,589		344,673
CTPartners Executive Search, Inc. (a)	859		3,221
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Professional Services - continued
Dolan Co. (a)	21,177		$ 61,625
Dun & Bradstreet Corp.	40,399		3,256,159
Equifax, Inc.	112,378		6,194,275
Exponent, Inc.	15,525		780,442
Franklin Covey Co. (a)	5,338		73,771
FTI Consulting, Inc. (a)(d)	68,234		2,370,449
GP Strategies Corp. (a)	10,677		230,516
Heidrick & Struggles International, Inc.	22,259		302,722
Hill International, Inc. (a)	13,945		47,552
Hudson Global, Inc. (a)(d)	13,947		51,325
Huron Consulting Group, Inc. (a)	20,793		814,878
ICF International, Inc. (a)	17,107		423,227
IHS, Inc. Class A (a)	51,981		5,522,981
Insperity, Inc.	15,769		447,051
Kelly Services, Inc. Class A (non-vtg.)	19,294		340,732
Kforce, Inc.	25,995		377,967
Korn/Ferry International (a)	33,723		624,213
Manpower, Inc.	75,166		4,104,064
Mastech Holdings, Inc.	299		2,240
MISTRAS Group, Inc. (a)	12,788		261,515
Navigant Consulting, Inc. (a)	41,733		531,261
Nielsen Holdings B.V.	152,740		5,145,811
Odyssey Marine Exploration, Inc. (a)(d)	46,227		161,795
On Assignment, Inc. (a)(d)	37,950		829,587
Pendrell Corp. (a)	126,539		180,951
RCM Technologies, Inc.	9,908		56,079
Resources Connection, Inc.	43,312		528,840
Robert Half International, Inc.	123,411		4,387,261
RPX Corp. (a)	14,564		172,583
Spherix, Inc. (a)	11		127
Towers Watson & Co.	58,151		3,871,112
TrueBlue, Inc. (a)	38,883		753,941
Verisk Analytics, Inc. (a)	135,085		7,905,174
VSE Corp.	1,834		42,017
WageWorks, Inc. (a)	8,340		196,907
			56,548,099
Road & Rail - 0.9%
AMERCO	7,919		1,193,472
Arkansas Best Corp.	18,872		217,783
Avis Budget Group, Inc. (a)(d)	100,640		2,351,957
Celadon Group, Inc. (d)	62,978		1,255,152
Con-way, Inc. (d)	51,304		1,803,336
Covenant Transport Group, Inc. Class A (a)	9,633		57,316
CSX Corp.	964,986		22,136,779
Genesee & Wyoming, Inc. Class A (a)(d)	38,299		3,428,526
Heartland Express, Inc. (d)	52,772		716,116
Hertz Global Holdings, Inc. (a)(d)	275,903		5,504,265
J.B. Hunt Transport Services, Inc. (d)	86,516		6,014,592
Kansas City Southern	103,087		10,614,868
Knight Transportation, Inc.	54,848		858,920

	Shares		Value
Landstar System, Inc. (d)	39,848		$ 2,243,044
Marten Transport Ltd.	20,799		430,539
Norfolk Southern Corp.	296,098		21,629,959
Old Dominion Freight Lines, Inc. (a)	69,360		2,493,492
Patriot Transportation Holding, Inc. (a)(d)	1,312		35,660
Providence & Worcester Railroad Co.	4,631		68,076
Quality Distribution, Inc. (a)(d)	25,189		198,741
Roadrunner Transportation Systems, Inc. (a)	12,158		276,959
Ryder System, Inc.	45,757		2,571,543
Saia, Inc. (a)	11,656		374,507
Swift Transporation Co. (a)(d)	69,603		941,729
Union Pacific Corp.	440,660		60,418,893
Universal Truckload Services, Inc.	4,618		84,232
USA Truck, Inc. (a)	1,841		9,095
Werner Enterprises, Inc. (d)	41,229		949,092
YRC Worldwide, Inc. (a)	6,129		37,571
Zipcar, Inc. (a)(d)	19,521		238,742
			149,154,956
Trading Companies & Distributors - 0.3%
Aceto Corp.	32,506		338,387
AeroCentury Corp. (a)	688		11,008
Air Lease Corp. Class A (d)	64,973		1,765,316
Aircastle Ltd.	55,209		743,665
Applied Industrial Technologies, Inc.	42,674		1,852,478
Beacon Roofing Supply, Inc. (a)(d)	44,417		1,638,987
BlueLinx Corp. (a)(d)	17,176		50,154
BlueLinx Corp. rights (a)	17,176		7,204
CAI International, Inc. (a)	7,670		211,692
DXP Enterprises, Inc. (a)	6,766		420,845
Edgen Group, Inc. Class A	19,685		157,874
Essex Rental Corp. (a)(d)	16,688		67,753
Fastenal Co. (d)	258,190		13,330,350
GATX Corp.	39,127		1,950,481
H&E Equipment Services, Inc. (d)	24,825		483,095
Houston Wire & Cable Co.	15,647		182,131
Kaman Corp.	21,079		735,657
Lawson Products, Inc.	4,764		67,839
MRC Global, Inc. (d)	21,717		667,146
MSC Industrial Direct Co., Inc. Class A (d)	40,442		3,450,511
Rush Enterprises, Inc. Class A (a)(d)	25,276		619,262
TAL International Group, Inc.	21,219		913,478
Textainer Group Holdings Ltd.	14,461		584,803
Titan Machinery, Inc. (a)(d)	17,235		486,889
United Rentals, Inc. (a)(d)	86,038		4,595,290
W.W. Grainger, Inc.	55,080		12,473,417
Watsco, Inc.	25,351		1,974,082
WESCO International, Inc. (a)(d)	40,702		3,007,878
Willis Lease Finance Corp. (a)(d)	2,006		30,110
			52,817,782
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Transportation Infrastructure - 0.0%
Wesco Aircraft Holdings, Inc. (a)(d)	18,229		$ 247,914
TOTAL INDUSTRIALS			1,760,126,554
INFORMATION TECHNOLOGY - 17.4%
Communications Equipment - 1.8%
Acme Packet, Inc. (a)	51,006		1,488,355
ADTRAN, Inc. (d)	58,980		1,317,613
Alliance Fiber Optic Products, Inc.	9,573		106,069
Ambient Corp. (a)(d)	1,932		5,216
Anaren, Inc. (a)	42,259		817,712
Arris Group, Inc. (a)	97,821		1,697,194
Aruba Networks, Inc. (a)(d)	102,880		2,563,770
Aviat Networks, Inc. (a)	66,605		237,114
Bel Fuse, Inc. Class B (non-vtg.)	7,032		117,153
Black Box Corp.	16,753		406,428
Blonder Tongue Laboratories, Inc. (a)(d)	3,352		4,257
Brocade Communications Systems, Inc. (a)	398,862		2,237,616
CalAmp Corp. (a)(d)	16,135		176,678
Calix Networks, Inc. (a)	25,252		216,410
Ciena Corp. (a)(d)	93,662		1,427,409
Cisco Systems, Inc.	4,969,682		103,617,870
Clearfield, Inc. (a)	2,407		13,311
Communications Systems, Inc.	4,311		46,128
Comtech Telecommunications Corp.	22,438		600,890
Digi International, Inc. (a)	21,456		211,556
EchoStar Holding Corp. Class A (a)	37,522		1,419,832
EMCORE Corp. (a)(d)	19,513		113,761
Emulex Corp. (a)	66,808		430,912
Entrada Networks, Inc. (a)	150		0
Extreme Networks, Inc. (a)(d)	100,558		351,953
F5 Networks, Inc. (a)	73,095		6,902,361
Finisar Corp. (a)(d)	89,294		1,308,157
Globecomm Systems, Inc. (a)	11,676		141,747
Harmonic, Inc. (a)	75,490		429,538
Harris Corp.	108,567		5,218,816
Infinera Corp. (a)(d)	140,398		911,183
InterDigital, Inc.	37,438		1,662,247
Ixia (a)(d)	51,889		1,052,309
JDS Uniphase Corp. (a)	221,471		3,136,029
Juniper Networks, Inc. (a)	485,897		10,048,350
KVH Industries, Inc. (a)	23,641		314,898
Lantronix, Inc. (a)	71		140
Loral Space & Communications Ltd.	10,995		640,349
Meru Networks, Inc. (a)(d)	20,865		93,267
Motorola Solutions, Inc.	260,084		16,179,826
NETGEAR, Inc. (a)(d)	32,032		1,090,690
NumereX Corp. Class A (a)	2,670		32,814
Oclaro, Inc. (a)(d)	64,648		85,982
Oplink Communications, Inc. (a)	15,273		234,593

	Shares		Value
Optical Cable Corp.	564		$ 2,279
Palo Alto Networks, Inc. (d)	31,394		1,919,115
Parkervision, Inc. (a)(d)	73,296		292,451
PC-Tel, Inc.	2,259		15,632
Performance Technologies, Inc. (a)	2,977		2,772
Plantronics, Inc.	39,954		1,612,543
Polycom, Inc. (a)	189,613		1,727,374
Procera Networks, Inc. (a)(d)	21,122		247,127
QUALCOMM, Inc.	1,595,884		104,737,867
Relm Wireless Corp. (a)	9,436		20,476
Riverbed Technology, Inc. (a)(d)	148,314		2,266,238
Ruckus Wireless, Inc. (d)	11,332		242,052
ShoreTel, Inc. (a)(d)	22,164		89,986
Sonus Networks, Inc. (a)(d)	223,825		548,371
Symmetricom, Inc. (a)	21,713		107,262
Tellabs, Inc. (d)	301,356		611,753
Telular Corp.	1,806		17,988
Tessco Technologies, Inc. (d)	3,361		76,530
Ubiquiti Networks, Inc. (d)	9,640		132,743
ViaSat, Inc. (a)(d)	35,696		1,676,284
Westell Technologies, Inc. Class A (a)	20,974		38,173
Zhone Technologies, Inc. (a)	5,862		5,217
Zoom Technologies, Inc. (a)(d)	31,336		22,562
			285,521,298
Computers & Peripherals - 3.5%
3D Systems Corp. (a)(d)	68,215		2,521,226
Apple, Inc.	881,441		389,068,007
Astro-Med, Inc.	4,606		45,461
Avid Technology, Inc. (a)(d)	34,710		240,540
Concurrent Computer Corp.	987		6,899
Cray, Inc. (a)	32,010		619,394
Crossroads Systems, Inc. (a)	9,071		14,514
Datalink Corp. (a)	9,248		95,994
Dataram Corp. (a)	3,336		1,134
Dell, Inc.	1,357,390		18,935,591
Diebold, Inc.	54,057		1,526,570
Dot Hill Systems Corp. (a)	109,713		142,627
Electronics for Imaging, Inc. (a)	55,580		1,281,675
EMC Corp. (a)	1,969,648		45,321,600
Fusion-io, Inc. (a)(d)	66,698		1,125,862
Hauppauge Digital, Inc. (a)	430		357
Hewlett-Packard Co.	1,843,592		37,129,943
Hutchinson Technology, Inc. (a)(d)	34,936		98,869
iGO, Inc. (a)	5,684		17,905
Imation Corp. (a)	19,750		67,348
Immersion Corp. (a)(d)	59,681		399,266
Intermec, Inc. (a)	37,733		373,557
Interphase Corp. (a)	10,718		23,472
Intevac, Inc. (a)	17,689		84,553
Lexmark International, Inc. Class A	60,869		1,340,335
NCR Corp. (a)	140,900		3,886,022
NetApp, Inc. (a)	339,363		11,480,650
Novatel Wireless, Inc. (a)	27,517		59,712
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Computers & Peripherals - continued
OCZ Technology Group, Inc. (a)(d)	56,538		$ 97,811
Overland Storage, Inc. (a)(d)	5,087		5,697
QLogic Corp. (a)	79,628		906,167
Quantum Corp. (a)(d)	189,992		239,390
Rimage Corp.	6,017		41,036
SanDisk Corp. (a)	222,462		11,209,860
Scan-Optics, Inc. (a)	300		0
Seagate Technology (d)	328,410		10,561,666
Silicon Graphics International Corp. (a)(d)	32,579		490,314
STEC, Inc. (a)(d)	29,627		142,802
Super Micro Computer, Inc. (a)(d)	26,807		313,642
Synaptics, Inc. (a)(d)	36,621		1,272,946
Transact Technologies, Inc.	3,411		26,947
USA Technologies, Inc. (a)(d)	38,549		94,445
Video Display Corp. (a)	2,957		11,059
Western Digital Corp.	205,688		9,700,246
Xplore Technologies Corp. (a)	2,067		7,524
			551,030,635
Electronic Equipment & Components - 0.7%
Advanced Photonix, Inc. Class A (a)	4,544		1,863
Aeroflex Holding Corp. (a)	11,165		103,276
Agilysys, Inc. (a)	38,149		351,352
Amphenol Corp. Class A	146,122		10,354,205
Anixter International, Inc. (d)	21,905		1,509,693
Arrow Electronics, Inc. (a)	128,186		5,146,668
Audience, Inc. (d)	4,453		60,739
Avnet, Inc. (a)	130,776		4,617,701
AVX Corp.	48,749		574,263
Badger Meter, Inc.	35,716		1,812,944
Benchmark Electronics, Inc. (a)	50,023		871,401
Checkpoint Systems, Inc. (a)	27,013		320,374
ClearSign Combustion Corp. (a)	2,567		13,066
Cognex Corp. (d)	54,520		2,245,679
Coherent, Inc.	20,405		1,178,593
Corning, Inc.	1,372,498		17,307,200
CTS Corp.	18,339		179,722
Daktronics, Inc.	32,196		328,721
Document Security Systems, Inc. (a)(d)	10,726		24,134
Dolby Laboratories, Inc. Class A (d)	41,734		1,330,480
DTS, Inc. (a)(d)	19,732		392,667
Echelon Corp. (a)	32,190		84,660
Electro Rent Corp.	12,184		197,137
Electro Scientific Industries, Inc.	21,640		238,256
eMagin Corp.	5,084		16,167
Fabrinet (a)	16,812		275,885
FARO Technologies, Inc. (a)(d)	18,648		789,743
FEI Co. (d)	32,449		2,055,320
FLIR Systems, Inc.	144,524		3,806,762
Frequency Electronics, Inc.	430		4,382
Giga-Tronics, Inc. (a)	2,579		4,204

	Shares		Value
I. D. Systems Inc. (a)	6,071		$ 38,308
Identive Group, Inc. (a)	106,182		153,964
IEC Electronics Corp. (a)	86		526
Ingram Micro, Inc. Class A (a)	145,788		2,749,562
Insight Enterprises, Inc. (a)	39,665		762,361
Intelli-Check, Inc. (a)	4,366		3,493
InvenSense, Inc. (a)	25,131		302,075
IPG Photonics Corp. (d)	26,878		1,593,597
Iteris, Inc. (a)	1,032		1,806
Itron, Inc. (a)(d)	38,500		1,619,695
Jabil Circuit, Inc.	179,742		3,366,568
KEMET Corp. (a)	26,217		169,624
KEY Tronic Corp. (a)(d)	4,226		44,922
LightPath Technologies, Inc. Class A (a)	376		305
Littelfuse, Inc.	21,280		1,408,098
LoJack Corp. (a)	24,621		73,863
LRAD Corp. (a)	56,581		65,634
Maxwell Technologies, Inc. (a)(d)	18,344		160,510
Measurement Specialties, Inc. (a)	15,282		555,042
Mercury Systems, Inc. (a)(d)	23,393		160,242
Mesa Laboratories, Inc.	2,184		115,883
Methode Electronics, Inc. Class A	27,713		363,317
MicroVision, Inc. (a)(d)	33,140		56,669
MOCON, Inc.	2,209		31,743
Molex, Inc.	125,980		3,490,906
MTS Systems Corp.	16,730		903,420
Multi-Fineline Electronix, Inc. (a)	10,240		156,467
National Instruments Corp. (d)	93,144		2,801,772
Neonode, Inc. (a)	20,693		110,294
NetList, Inc. (a)(d)	104,599		81,587
Newport Corp. (a)	32,467		530,835
OSI Systems, Inc. (a)	17,430		1,004,491
Parametric Sound Corp. (a)(d)	1,985		23,403
Park Electrochemical Corp.	16,314		412,744
PC Connection, Inc.	6,039		86,599
PC Mall, Inc. (a)	4,077		28,947
Planar Systems, Inc. (a)	2,277		4,395
Plexus Corp. (a)	33,577		817,936
Power-One, Inc. (a)(d)	91,675		390,536
Pulse Electronics Corp. (a)	50,135		19,452
RadiSys Corp. (a)	9,220		38,632
RealD, Inc. (a)(d)	37,860		440,690
Research Frontiers, Inc. (a)(d)	16,855		55,284
Richardson Electronics Ltd.	23,707		283,536
Rofin-Sinar Technologies, Inc. (a)(d)	22,270		591,714
Rogers Corp. (a)	16,870		804,868
Sanmina Corp. (a)	72,340		740,762
ScanSource, Inc. (a)	19,738		592,337
SYNNEX Corp. (a)(d)	16,578		632,119
TE Connectivity Ltd.	402,703		16,160,471
Tech Data Corp. (a)	34,347		1,822,452
Trimble Navigation Ltd. (a)	118,068		7,016,781
TTM Technologies, Inc. (a)(d)	45,522		373,280
Uni-Pixel, Inc. (a)(d)	8,000		188,800
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Electronic Equipment & Components - continued
Universal Display Corp. (a)(d)	33,587		$ 1,053,960
Viasystems Group, Inc. (a)	4,710		66,788
Vishay Intertechnology, Inc. (a)(d)	124,817		1,646,336
Vishay Precision Group, Inc. (a)	9,596		134,824
Wayside Technology Group, Inc.	1,232		15,733
Wireless Telecom Group, Inc. (a)	11,200		14,896
Zygo Corp. (a)(d)	9,828		140,737
			113,673,848
Internet Software & Services - 2.3%
Active Network, Inc. (a)(d)	30,019		140,789
Akamai Technologies, Inc. (a)	164,615		6,084,170
Angie's List, Inc. (a)(d)	39,732		677,828
AOL, Inc. (d)	74,516		2,749,640
Autobytel, Inc. (a)	1,148		5,235
Bankrate, Inc. (a)	33,840		380,700
Bazaarvoice, Inc.	31,078		217,546
Blucora, Inc. (a)(d)	32,776		508,028
Brightcove, Inc. (d)	10,845		68,324
BroadVision, Inc. (a)	490		4,003
Carbonite, Inc. (a)(d)	4,801		47,146
comScore, Inc. (a)	21,331		340,016
Constant Contact, Inc. (a)(d)	30,835		435,699
Cornerstone OnDemand, Inc. (a)(d)	26,137		884,999
CoStar Group, Inc. (a)(d)	26,741		2,693,888
Crexendo, Inc.	6,585		17,780
Daegis, Inc. (a)	3,645		4,921
DealerTrack Holdings, Inc. (a)(d)	34,664		1,022,241
Demand Media, Inc. (a)(d)	42,676		345,676
Demandware, Inc.	6,200		163,990
Dice Holdings, Inc. (a)(d)	35,391		341,169
Digital River, Inc. (a)	26,434		376,420
EarthLink, Inc.	80,611		468,350
eBay, Inc. (a)	1,094,418		59,842,776
eGain Communications Corp. (a)	8,558		68,378
Equinix, Inc. (a)(d)	44,811		9,479,767
ExactTarget, Inc. (d)	29,149		650,023
Facebook, Inc. Class A	511,909		13,949,520
FriendFinder Networks, Inc. (a)(d)	17,170		10,795
GlowPoint, Inc. (a)	18,770		30,032
Google, Inc. Class A (a)	249,398		199,817,678
IAC/InterActiveCorp (d)	80,150		3,266,113
Internap Network Services Corp. (a)(d)	34,998		303,783
IntraLinks Holdings, Inc. (a)	36,458		214,373
Inuvo, Inc. (a)	9,640		6,758
iPass, Inc. (a)(d)	22,438		45,100
j2 Global, Inc.	38,868		1,386,810
Keynote Systems, Inc. (d)	17,976		274,673
Limelight Networks, Inc. (a)(d)	33,081		70,132
LinkedIn Corp. (a)	62,394		10,493,423
Liquidity Services, Inc. (a)(d)	21,953		747,500
LivePerson, Inc. (a)(d)	37,230		538,718

	Shares		Value
Local Corp. (a)(d)	28,399		$ 47,426
LogMeIn, Inc. (a)(d)	22,955		409,976
Marchex, Inc. Class B	28,685		108,429
Market Leader, Inc. (a)	7,128		53,032
MeetMe, Inc. (a)(d)	18,724		48,121
Millennial Media, Inc. (d)	10,513		98,507
Monster Worldwide, Inc. (a)(d)	97,552		499,466
Move, Inc. (a)	35,516		346,636
NIC, Inc. (d)	78,994		1,399,774
OpenTable, Inc. (a)	23,366		1,299,150
Perficient, Inc. (a)	18,309		212,018
QuinStreet, Inc. (a)	17,620		100,963
Rackspace Hosting, Inc. (a)(d)	107,654		6,013,552
RealNetworks, Inc. (a)	28,670		208,431
Responsys, Inc. (a)	13,609		109,825
Saba Software, Inc. (a)	20,826		182,019
SciQuest, Inc. (a)	12,793		244,986
Selectica, Inc. (a)	552		5,757
Spark Networks, Inc. (a)(d)	3,502		25,284
SPS Commerce, Inc. (a)(d)	11,840		442,698
Stamps.com, Inc. (a)(d)	12,471		304,168
Support.com, Inc. (a)(d)	117,655		458,855
Synacor, Inc. (d)	8,243		27,119
TechTarget, Inc. (a)	1,217		5,915
TheStreet.com, Inc.	3,696		6,838
Travelzoo, Inc. (a)	5,383		113,420
Trulia, Inc. (d)	5,966		142,229
United Online, Inc.	71,982		424,694
Unwired Planet, Inc. (a)	76,683		154,133
ValueClick, Inc. (a)(d)	62,448		1,665,488
VeriSign, Inc. (a)(d)	144,977		6,639,947
Vocus, Inc. (a)(d)	23,379		328,241
Web.com Group, Inc. (a)(d)	25,389		433,644
WebMD Health Corp. (a)	42,908		948,267
WebMediaBrands, Inc. (a)	147		238
XO Group, Inc. (a)(d)	29,832		272,963
Yahoo!, Inc. (a)	1,002,327		21,359,588
Yelp, Inc. (d)	13,280		294,683
Zix Corp. (a)(d)	43,773		164,586
			364,775,976
IT Services - 3.4%
Accenture PLC Class A	602,434		44,796,992
Acxiom Corp. (a)	66,136		1,204,337
Alliance Data Systems Corp. (a)(d)	50,917		8,080,019
Analysts International Corp. (a)	1,000		3,670
Automatic Data Processing, Inc.	461,625		28,325,310
Booz Allen Hamilton Holding Corp. Class A (d)	29,672		379,802
Broadridge Financial Solutions, Inc.	107,819		2,474,446
CACI International, Inc. Class A (a)(d)	20,462		1,038,447
Cardtronics, Inc. (a)	44,777		1,180,322
Cass Information Systems, Inc.	3,955		169,076
Ciber, Inc. (a)(d)	53,912		239,908
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
IT Services - continued
Cognizant Technology Solutions Corp. Class A (a)	279,212		$ 21,435,105
Computer Sciences Corp.	143,307		6,883,035
Computer Task Group, Inc.	4,854		96,595
Convergys Corp. (d)	123,097		2,042,179
CoreLogic, Inc. (a)	88,040		2,281,116
CSG Systems International, Inc. (a)(d)	47,456		921,121
CSP, Inc.	3,696		25,133
DST Systems, Inc.	31,684		2,151,977
Dynamics Research Corp. (a)	2,443		14,438
Edgewater Technology, Inc. (a)	2,875		11,241
EPAM Systems, Inc. (d)	11,994		251,634
Euronet Worldwide, Inc. (a)(d)	47,939		1,157,247
ExlService Holdings, Inc. (a)(d)	20,701		626,619
Fidelity National Information Services, Inc.	242,609		9,134,229
Fiserv, Inc. (a)	126,468		10,384,287
FleetCor Technologies, Inc. (a)	39,405		2,750,863
Forrester Research, Inc.	10,441		286,710
Gartner, Inc. Class A (a)(d)	93,477		4,651,416
Genpact Ltd.	119,462		2,103,726
Global Cash Access Holdings, Inc. (a)	58,402		414,654
Global Payments, Inc.	75,409		3,635,468
Hackett Group, Inc.	12,619		58,426
Heartland Payment Systems, Inc.	30,852		959,497
Higher One Holdings, Inc. (a)(d)	26,817		239,744
IBM Corp.	995,045		199,834,887
iGate Corp. (a)(d)	19,383		370,409
Information Services Group, Inc. (a)	18,000		24,120
Innodata, Inc. (a)	14,010		48,895
Jack Henry & Associates, Inc.	77,862		3,404,127
Lender Processing Services, Inc.	87,526		2,149,639
Lionbridge Technologies, Inc. (a)	34,685		132,497
ManTech International Corp. Class A	23,021		571,151
MasterCard, Inc. Class A	99,527		51,537,071
Mattersight Corp. (a)	4,307		19,640
Maximus, Inc.	30,123		2,192,352
ModusLink Global Solutions, Inc. (a)	31,030		89,366
MoneyGram International, Inc. (a)(d)	66,937		1,085,049
NCI, Inc. Class A (a)	12,261		61,673
NeuStar, Inc. Class A (a)(d)	66,766		2,927,689
Online Resources Corp. (a)	26,280		100,652
Paychex, Inc. (d)	286,984		9,499,170
PFSweb, Inc. (a)	1,815		6,262
PRG-Schultz International, Inc. (a)	5,640		36,660
SAIC, Inc. (d)	273,792		3,236,221
Sapient Corp. (a)	97,843		1,097,798
ServiceSource International, Inc. (a)	30,455		192,476
StarTek, Inc. (a)	2,150		10,793
Storage Engine, Inc. (a)	434		0
Sykes Enterprises, Inc. (a)	30,728		456,618

	Shares		Value
Syntel, Inc.	16,557		$ 996,069
Teletech Holdings, Inc. (a)	19,293		360,972
Teradata Corp. (a)	158,752		9,217,141
The Management Network Group, Inc. (a)	206		719
The Western Union Co.	556,142		7,802,672
Total System Services, Inc.	171,609		4,077,430
Unisys Corp. (a)(d)	35,389		813,239
Vantiv, Inc. (d)	35,941		782,076
VeriFone Systems, Inc. (a)	99,369		1,885,030
Virtusa Corp. (a)	14,018		293,677
Visa, Inc. Class A	486,399		77,162,337
WEX, Inc. (a)	33,822		2,536,988
			545,422,354
Office Electronics - 0.1%
Xerox Corp.	1,207,010		9,788,851
Zebra Technologies Corp. Class A (a)	46,287		2,069,955
			11,858,806
Semiconductors & Semiconductor Equipment - 2.1%
Advanced Energy Industries, Inc. (a)(d)	31,081		560,701
Advanced Micro Devices, Inc. (a)(d)	535,938		1,334,486
AEHR Test Systems (a)	3,126		2,813
Aetrium, Inc. (a)	2,064		1,548
Altera Corp.	296,178		10,490,625
Amkor Technology, Inc. (a)(d)	114,967		465,616
Amtech Systems, Inc. (a)	12,381		49,400
ANADIGICS, Inc. (a)(d)	74,954		158,153
Analog Devices, Inc.	279,008		12,616,742
Applied Materials, Inc.	1,097,065		15,029,791
Applied Micro Circuits Corp. (a)(d)	98,689		784,578
Atmel Corp. (a)	430,659		2,928,481
ATMI, Inc. (a)	23,384		512,110
Axcelis Technologies, Inc. (a)	87,264		99,481
AXT, Inc. (a)	31,515		89,818
Broadcom Corp. Class A	472,870		16,129,596
Brooks Automation, Inc.	46,495		470,064
BTU International, Inc. (a)	4,067		11,835
Cabot Microelectronics Corp. (d)	30,653		1,047,413
Cavium, Inc. (a)(d)	42,834		1,581,431
Ceva, Inc. (a)	14,448		218,598
Cirrus Logic, Inc. (a)(d)	62,020		1,490,961
Cohu, Inc.	18,095		182,036
Cree, Inc. (a)(d)	109,699		4,961,686
CVD Equipment Corp. (a)(d)	24,298		247,840
Cymer, Inc. (a)	29,062		2,873,651
Cypress Semiconductor Corp. (d)	200,786		2,114,277
Diodes, Inc. (a)(d)	26,894		535,997
DSP Group, Inc. (a)	34,788		251,865
Entegris, Inc. (a)	143,226		1,362,079
Entropic Communications, Inc. (a)(d)	130,146		573,944
Exar Corp. (a)	27,190		319,483
Fairchild Semiconductor International, Inc. (a)	100,014		1,426,200
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Semiconductors & Semiconductor Equipment - continued
First Solar, Inc. (a)(d)	62,639		$ 1,619,218
FormFactor, Inc. (a)	44,109		221,427
GigOptix, Inc. (a)	17,428		19,171
GSI Technology, Inc. (a)	4,316		27,709
GT Advanced Technologies, Inc. (a)(d)	93,200		266,552
Hittite Microwave Corp. (a)(d)	24,952		1,617,389
Ikanos Communications, Inc. (a)	35,040		60,970
Inphi Corp. (a)(d)	18,384		177,589
Integrated Device Technology, Inc. (a)	100,471		683,203
Integrated Silicon Solution, Inc. (a)	27,085		230,223
Intel Corp.	4,659,552		97,151,659
International Rectifier Corp. (a)(d)	61,935		1,301,874
Intersil Corp. Class A	109,308		928,025
Intest Corp.	2,175		7,352
IXYS Corp.	38,644		385,281
KLA-Tencor Corp.	158,007		8,652,463
Kopin Corp. (a)	42,598		137,166
Kulicke & Soffa Industries, Inc. (a)	82,587		893,591
Lam Research Corp. (a)	168,446		7,125,266
Lattice Semiconductor Corp. (a)	136,230		637,556
Linear Technology Corp. (d)	206,542		7,898,166
LSI Corp. (a)	527,450		3,671,052
LTX-Credence Corp. (a)	48,731		282,640
M/A-COM Technology Solutions, Inc. (d)	10,000		162,000
Marvell Technology Group Ltd.	465,712		4,703,691
Mattson Technology, Inc. (a)	39,367		48,421
Maxim Integrated Products, Inc. (d)	279,986		8,729,963
MaxLinear, Inc. Class A (a)	15,441		90,793
MEMC Electronic Materials, Inc. (a)(d)	197,213		976,204
Micrel, Inc. (d)	33,398		351,347
Microchip Technology, Inc.	181,262		6,610,625
Micron Technology, Inc. (a)(d)	956,682		8,026,562
Microsemi Corp. (a)	78,145		1,612,131
Mindspeed Technologies, Inc. (a)(d)	20,470		91,092
MKS Instruments, Inc.	47,592		1,291,647
Monolithic Power Systems, Inc. (d)	35,284		867,634
MoSys, Inc. (a)(d)	9,566		33,194
Nanometrics, Inc. (a)	28,664		422,794
NeoPhotonics Corp. (a)	11,524		57,850
NVE Corp. (a)(d)	6,043		320,037
NVIDIA Corp.	580,786		7,352,751
Omnivision Technologies, Inc. (a)(d)	44,394		684,112
ON Semiconductor Corp. (a)	400,227		3,201,816
PDF Solutions, Inc. (a)	17,331		269,324
Peregrine Semiconductor Corp. (d)	5,341		53,357
Pericom Semiconductor Corp. (a)	17,514		122,948
Photronics, Inc. (a)(d)	74,723		496,161
Pixelworks, Inc. (a)	11,868		28,721
PLX Technology, Inc. (a)	29,807		141,583
PMC-Sierra, Inc. (a)(d)	199,312		1,293,535
Power Integrations, Inc.	28,590		1,195,348

	Shares		Value
QuickLogic Corp. (a)(d)	38,003		$ 82,086
Rambus, Inc. (a)	81,201		457,974
RF Micro Devices, Inc. (a)(d)	236,125		1,088,536
Rubicon Technology, Inc. (a)(d)	18,271		94,278
Rudolph Technologies, Inc. (a)(d)	29,614		326,346
Semtech Corp. (a)(d)	60,032		1,835,178
Sigma Designs, Inc. (a)(d)	22,818		106,104
Silicon Image, Inc. (a)	84,424		389,195
Silicon Laboratories, Inc. (a)(d)	36,210		1,503,439
Skyworks Solutions, Inc. (a)	195,201		4,157,781
Spansion, Inc. Class A	38,055		447,527
STR Holdings, Inc. (a)(d)	37,233		74,466
SunPower Corp. (a)(d)	29,517		346,530
Supertex, Inc.	19,548		441,589
Teradyne, Inc. (a)(d)	178,524		2,992,062
Tessera Technologies, Inc.	44,982		802,479
Texas Instruments, Inc.	1,045,185		35,923,008
TranSwitch Corp. (a)	16,133		13,389
TriQuint Semiconductor, Inc. (a)(d)	138,618		651,505
Ultra Clean Holdings, Inc. (a)	12,895		76,081
Ultratech, Inc. (a)	31,408		1,287,100
Veeco Instruments, Inc. (a)	36,173		1,154,280
Vitesse Semiconductor Corp. (a)(d)	9,484		19,822
Volterra Semiconductor Corp. (a)	28,138		431,918
Xilinx, Inc.	242,074		9,022,098
			327,879,253
Software - 3.5%
Accelrys, Inc. (a)	40,003		378,428
ACI Worldwide, Inc. (a)(d)	37,489		1,717,371
Activision Blizzard, Inc.	390,312		5,581,462
Actuate Corp. (a)	42,170		253,442
Adobe Systems, Inc. (a)	463,352		18,209,734
Advent Software, Inc. (a)(d)	32,795		859,229
American Software, Inc. Class A	10,878		88,764
ANSYS, Inc. (a)(d)	86,793		6,578,909
Aspen Technology, Inc. (a)	97,387		2,995,624
Autodesk, Inc. (a)	213,057		7,823,453
Blackbaud, Inc.	40,206		1,117,727
BMC Software, Inc. (a)	135,415		5,426,079
Bottomline Technologies, Inc. (a)(d)	34,478		935,388
BroadSoft, Inc. (a)	23,438		492,198
BSQUARE Corp. (a)	11,182		32,987
CA Technologies, Inc.	349,083		8,549,043
Cadence Design Systems, Inc. (a)(d)	280,788		3,975,958
Callidus Software, Inc. (a)(d)	16,907		73,545
Citrix Systems, Inc. (a)	175,074		12,412,747
CommVault Systems, Inc. (a)(d)	39,408		2,914,222
Compuware Corp. (a)	189,084		2,195,265
Comverse, Inc.	14,883		409,580
Concur Technologies, Inc. (a)(d)	46,147		3,239,519
Datawatch Corp. (a)	1,950		21,216
Digimarc Corp.	3,041		67,906
Ebix, Inc. (d)	31,393		503,230
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Software - continued
Electronic Arts, Inc. (a)	280,403		$ 4,915,465
Ellie Mae, Inc. (a)	15,823		321,207
Envivio, Inc.	6,801		11,562
EPIQ Systems, Inc.	38,746		482,000
ePlus, Inc.	1,206		55,428
Evolving Systems, Inc.	4,973		33,319
FactSet Research Systems, Inc. (d)	36,068		3,509,056
Fair Isaac Corp.	37,437		1,659,957
FalconStor Software, Inc. (a)	21,866		58,820
Fonix Corp. (a)	1		0
Fortinet, Inc. (a)	124,790		3,017,422
Glu Mobile, Inc. (a)(d)	98,358		223,273
GSE Systems, Inc. (a)	388		877
Guidance Software, Inc. (a)	3,531		34,639
Guidewire Software, Inc. (a)(d)	25,608		935,972
Imperva, Inc. (a)(d)	12,476		455,374
Infoblox, Inc. (d)	40,167		847,122
Informatica Corp. (a)	99,837		3,495,293
Interactive Intelligence Group, Inc. (a)	16,038		667,341
Intuit, Inc.	259,759		16,749,260
Jive Software, Inc. (a)(d)	30,754		509,901
Majesco Entertainment Co. (a)	19,952		10,664
Manhattan Associates, Inc. (a)(d)	20,570		1,437,020
Marlborough Software Development Holdings, Inc.	5,202		780
Mentor Graphics Corp. (d)	80,500		1,425,655
MICROS Systems, Inc. (a)(d)	71,058		3,041,282
Microsoft Corp.	7,095,764		197,262,239
MicroStrategy, Inc. Class A (a)	7,880		802,814
Mitek Systems, Inc. (a)(d)	15,896		68,353
Monotype Imaging Holdings, Inc.	25,665		538,965
Motricity, Inc. (a)(d)	42,402		16,957
NetScout Systems, Inc. (a)	29,548		751,406
NetSol Technologies, Inc. (a)(d)	10,165		117,711
NetSuite, Inc. (a)(d)	30,845		2,152,673
Nuance Communications, Inc. (a)(d)	239,170		4,403,120
Oracle Corp.	3,523,355		120,710,142
Parametric Technology Corp. (a)	117,269		2,713,605
Peerless Systems Corp. (a)	172		550
Pegasystems, Inc.	16,328		447,224
Pervasive Software, Inc. (a)	4,203		38,457
Progress Software Corp. (a)	56,172		1,264,993
Proofpoint, Inc. (d)	6,483		90,632
PROS Holdings, Inc. (a)	12,895		336,044
QAD, Inc. Class B	4,298		51,705
QLIK Technologies, Inc. (a)	69,650		1,810,900
Qualys, Inc. (d)	7,387		87,610
RealPage, Inc. (a)(d)	33,089		716,708
Red Hat, Inc. (a)	178,129		9,050,734
Rosetta Stone, Inc. (a)	8,315		96,288
Rovi Corp. (a)	95,372		1,696,668

	Shares		Value
salesforce.com, Inc. (a)(d)	121,229		$ 20,514,371
SeaChange International, Inc. (a)	17,668		203,535
ServiceNow, Inc. (d)	10,394		337,493
Smith Micro Software, Inc. (a)(d)	41,455		60,524
SolarWinds, Inc. (a)	59,019		3,332,213
Solera Holdings, Inc.	62,084		3,495,329
Sonic Foundry, Inc. (a)	155		1,070
Sourcefire, Inc. (a)(d)	26,600		1,426,558
Splunk, Inc.	20,016		723,178
SS&C Technologies Holdings, Inc. (a)	35,267		892,608
Symantec Corp. (a)	635,627		14,899,097
Synchronoss Technologies, Inc. (a)(d)	29,419		887,571
Synopsys, Inc. (a)	144,793		5,072,099
Take-Two Interactive Software, Inc. (a)(d)	76,173		1,115,173
Tangoe, Inc. (a)(d)	45,871		627,057
TeleCommunication Systems, Inc. Class A (a)	49,377		114,061
TeleNav, Inc. (a)	12,035		85,569
TIBCO Software, Inc. (a)	141,645		3,038,285
TiVo, Inc. (a)(d)	121,206		1,501,742
Tyler Technologies, Inc. (a)	30,080		1,696,512
Ultimate Software Group, Inc. (a)(d)	28,130		2,764,335
Vasco Data Security International, Inc. (a)	30,246		250,134
Verint Systems, Inc. (a)	42,645		1,457,180
VirnetX Holding Corp. (a)(d)	42,196		1,486,565
VMware, Inc. Class A (a)(d)	80,645		5,792,730
Vringo, Inc. (a)(d)	39,609		120,411
Wave Systems Corp. Class A (a)(d)	62,248		54,778
Websense, Inc. (a)	31,243		468,333
Workday, Inc.	22,066		1,220,029
Zynga, Inc. (a)(d)	461,286		1,563,760
			551,180,513
TOTAL INFORMATION TECHNOLOGY			2,751,342,683
MATERIALS - 3.8%
Chemicals - 2.5%
A. Schulman, Inc.	30,292		949,654
ADA-ES, Inc. (a)(d)	14,209		377,533
Air Products & Chemicals, Inc.	196,426		16,959,421
Airgas, Inc.	67,095		6,728,287
Albemarle Corp.	82,305		5,356,409
American Pacific Corp. (a)	2,556		47,286
American Vanguard Corp.	23,997		744,627
Arabian American Development Co. (a)(d)	28,770		211,747
Ashland, Inc.	69,720		5,436,068
Axiall Corp.	65,100		3,683,358
Balchem Corp.	26,952		1,086,974
Cabot Corp.	56,337		2,072,075
Calgon Carbon Corp. (a)(d)	83,129		1,418,181
Celanese Corp. Class A (d)	148,644		6,963,971
CF Industries Holdings, Inc.	60,942		12,238,982
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Chemicals - continued
Chase Corp.	3,188		$ 60,062
Chemtura Corp. (a)	94,872		1,908,825
Clean Diesel Technologies, Inc. (a)(d)	42,378		101,283
Core Molding Technologies, Inc. (a)	5,919		41,137
Cytec Industries, Inc.	39,374		2,850,284
E.I. du Pont de Nemours & Co.	867,966		41,575,571
Eastman Chemical Co.	140,187		9,775,240
Ecolab, Inc.	245,228		18,772,203
Ferro Corp. (a)(d)	75,739		388,541
Flotek Industries, Inc. (a)(d)	68,404		960,392
FMC Corp.	127,997		7,713,099
FutureFuel Corp.	9,540		125,069
GSE Holding, Inc.	3,278		23,569
H.B. Fuller Co.	40,504		1,655,398
Hawkins, Inc. (d)	5,329		210,176
Huntsman Corp.	166,677		2,871,845
Innophos Holdings, Inc.	21,107		1,030,655
International Flavors & Fragrances, Inc.	78,743		5,746,664
Intrepid Potash, Inc. (d)	47,540		937,013
KMG Chemicals, Inc.	10,303		203,587
Koppers Holdings, Inc.	22,254		923,096
Kraton Performance Polymers, Inc. (a)	27,382		658,263
Kronos Worldwide, Inc. (d)	25,586		437,776
Landec Corp. (a)	25,874		284,873
LSB Industries, Inc. (a)	18,952		734,390
LyondellBasell Industries NV Class A	353,245		20,707,222
Material Sciences Corp. (a)(d)	4,565		46,335
Minerals Technologies, Inc.	52,154		2,098,677
Monsanto Co.	498,229		50,336,076
NewMarket Corp. (d)	10,242		2,577,604
Olin Corp. (d)	59,328		1,374,036
OM Group, Inc. (a)(d)	25,674		630,040
OMNOVA Solutions, Inc. (a)	35,057		280,807
Penford Corp. (a)	6,469		65,660
PolyOne Corp.	78,276		1,783,910
PPG Industries, Inc.	140,149		18,872,464
Praxair, Inc.	278,925		31,532,471
Quaker Chemical Corp.	14,473		830,895
Rockwood Holdings, Inc.	70,868		4,436,337
RPM International, Inc.	115,775		3,520,718
Senomyx, Inc. (a)	31,786		76,604
Sensient Technologies Corp.	58,886		2,173,482
Sherwin-Williams Co.	79,080		12,778,537
Sigma Aldrich Corp.	110,382		8,506,037
Spartech Corp. (a)	26,298		259,561
Stepan Co.	16,974		1,039,488
The Dow Chemical Co.	1,116,995		35,431,081
The Mosaic Co.	258,436		15,128,843
The Scotts Miracle-Gro Co. Class A (d)	31,090		1,377,598
Tredegar Corp.	24,439		598,267
Tronox Ltd. Class A	19,331		397,059

	Shares		Value
Valhi, Inc.	16,022		$ 260,838
Valspar Corp.	85,270		5,253,485
W.R. Grace & Co. (a)	64,184		4,594,291
Westlake Chemical Corp.	20,522		1,769,407
Zep, Inc.	16,526		247,229
Zoltek Companies, Inc. (a)(d)	40,249		376,328
			393,624,971
Construction Materials - 0.1%
Eagle Materials, Inc.	43,267		2,782,501
Headwaters, Inc. (a)	97,498		917,456
Martin Marietta Materials, Inc.	41,456		4,026,621
Texas Industries, Inc. (a)(d)	19,133		1,110,671
U.S. Concrete, Inc. (a)	13,793		135,171
Vulcan Materials Co.	120,291		6,126,421
			15,098,841
Containers & Packaging - 0.3%
AEP Industries, Inc. (a)	6,511		459,221
Aptargroup, Inc.	60,393		3,257,598
Ball Corp.	152,556		6,775,012
Bemis Co., Inc.	87,122		3,253,135
Berry Plastics Group, Inc.	28,788		553,305
Boise, Inc.	80,405		690,679
Crown Holdings, Inc. (a)	123,560		4,802,777
Graphic Packaging Holding Co. (a)	184,468		1,368,753
Greif, Inc. Class A	37,275		1,896,179
MOD-PAC Corp. (sub. vtg.) (a)	989		8,120
Myers Industries, Inc.	25,717		378,554
Owens-Illinois, Inc. (a)	155,209		3,957,830
Packaging Corp. of America	83,299		3,480,232
Rock-Tenn Co. Class A	65,822		5,821,956
Sealed Air Corp.	175,395		3,895,523
Silgan Holdings, Inc.	43,920		1,885,486
Sonoco Products Co.	95,840		3,044,837
UFP Technologies, Inc. (a)	2,454		46,430
			45,575,627
Metals & Mining - 0.7%
A.M. Castle & Co. (a)(d)	36,860		605,610
AK Steel Holding Corp. (d)	121,218		454,568
Alcoa, Inc. (d)	972,022		8,281,627
Allegheny Technologies, Inc.	102,039		3,109,128
Allied Nevada Gold Corp. (a)(d)	72,291		1,322,925
Amcol International Corp.	23,278		680,649
Carpenter Technology Corp.	37,349		1,763,993
Century Aluminum Co. (a)(d)	51,555		418,111
Cliffs Natural Resources, Inc. (d)	131,469		3,347,201
Coeur d'Alene Mines Corp. (a)	98,197		1,866,725
Commercial Metals Co.	130,792		2,133,218
Compass Minerals International, Inc.	30,663		2,260,476
Comstock Mining, Inc. (a)(d)	32,356		64,065
Freeport-McMoRan Copper & Gold, Inc.	888,082		28,347,577
Friedman Industries	2,001		21,891
General Moly, Inc. (a)	49,482		144,487
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Metals & Mining - continued
Globe Specialty Metals, Inc.	53,804		$ 768,859
Golden Minerals Co. (a)(d)	55,854		161,977
Handy & Harman Ltd. (a)	5,646		91,465
Haynes International, Inc.	10,403		535,755
Hecla Mining Co. (d)	255,072		1,183,534
Horsehead Holding Corp. (a)(d)	39,520		417,726
Kaiser Aluminum Corp. (d)	16,273		996,559
Materion Corp.	22,336		617,814
McEwen Mining, Inc. (a)	217,690		528,987
Metals USA Holdings Corp.	10,388		215,447
Mines Management, Inc. (a)(d)	24,109		26,279
Molycorp, Inc. (a)(d)	115,663		710,171
Newmont Mining Corp.	460,156		18,539,685
Noranda Aluminium Holding Corp.	57,213		272,334
Nucor Corp.	296,896		13,375,165
Olympic Steel, Inc.	9,587		198,163
Reliance Steel & Aluminum Co.	68,490		4,560,749
Royal Gold, Inc.	59,947		3,928,926
RTI International Metals, Inc. (a)(d)	27,976		830,048
Schnitzer Steel Industries, Inc. Class A (d)	20,284		580,325
Silver Bull Resources, Inc. (a)(d)	60,971		20,425
Solitario Exploration & Royalty Corp. (a)	18,115		28,078
Steel Dynamics, Inc.	191,858		2,929,672
Stillwater Mining Co. (a)(d)	106,954		1,394,680
SunCoke Energy, Inc. (a)	69,275		1,142,345
Synalloy Corp.	1,991		27,177
Timberline Resources Corp. (a)	18,994		3,609
U.S. Silica Holdings, Inc. (d)	14,625		359,629
United States Steel Corp. (d)	123,306		2,569,697
Universal Stainless & Alloy Products, Inc. (a)(d)	6,659		236,328
US Antimony Corp. (a)(d)	24,962		46,679
Walter Energy, Inc.	53,873		1,712,623
Worthington Industries, Inc.	60,686		1,719,841
			115,553,002
Paper & Forest Products - 0.2%
Boise Cascade Co.	11,500		311,650
Buckeye Technologies, Inc.	38,686		1,072,763
Clearwater Paper Corp. (a)	22,216		1,075,032
Deltic Timber Corp.	13,533		966,121
Domtar Corp.	31,471		2,346,478
International Paper Co.	404,904		17,819,825
Kapstone Paper & Packaging Corp.	34,137		909,410
Louisiana-Pacific Corp. (a)(d)	122,996		2,579,226
MeadWestvaco Corp.	171,723		6,132,228
Neenah Paper, Inc.	13,754		401,617
P.H. Glatfelter Co.	36,975		671,096
Resolute Forest Products (a)(d)	103,317		1,425,775
Schweitzer-Mauduit International, Inc.	24,906		917,786

	Shares		Value
Verso Paper Corp. (a)	23,529		$ 25,176
Wausau-Mosinee Paper Corp.	43,988		434,162
			37,088,345
TOTAL MATERIALS			606,940,786
TELECOMMUNICATION SERVICES - 2.6%
Diversified Telecommunication Services - 2.3%
8x8, Inc. (a)(d)	89,195		539,630
Alaska Communication Systems Group, Inc.	135,810		233,593
Allegiance Telecom, Inc. (a)(d)	7,100		0
AT&T, Inc.	5,313,513		190,808,252
Atlantic Tele-Network, Inc.	16,949		796,603
Cbeyond, Inc. (a)	59,758		419,501
CenturyLink, Inc. (d)	578,199		20,046,159
Cincinnati Bell, Inc. (a)(d)	198,209		644,179
Cogent Communications Group, Inc.	64,769		1,628,940
Consolidated Communications Holdings, Inc.	59,983		1,007,714
Elephant Talk Communication, Inc. (a)(d)	63,184		75,821
FairPoint Communications, Inc. (a)(d)	43,838		366,047
Frontier Communications Corp. (d)	931,518		3,856,485
General Communications, Inc. Class A (a)	33,964		286,996
Hawaiian Telcom Holdco, Inc. (a)	11,736		226,153
HickoryTech Corp.	2,523		23,691
IDT Corp. Class B	44,765		452,574
inContact, Inc. (a)(d)	42,838		290,870
Iridium Communications, Inc. (a)	61,404		375,178
Level 3 Communications, Inc. (a)(d)	161,071		3,218,199
Lumos Networks Corp.	15,837		180,859
Neutral Tandem, Inc.	28,172		96,630
ORBCOMM, Inc. (a)	20,031		88,337
Premiere Global Services, Inc. (a)	64,433		687,500
Primus Telecommunications Group, Inc.	10,437		114,703
Towerstream Corp. (a)(d)	39,383		98,064
tw telecom, inc. (a)	129,225		3,271,977
Verizon Communications, Inc.	2,670,665		124,266,042
Vonage Holdings Corp. (a)	140,662		371,348
Windstream Corp. (d)	539,024		4,630,216
			359,102,261
Wireless Telecommunication Services - 0.3%
Boingo Wireless, Inc. (a)	15,589		94,781
Clearwire Corp. Class A (a)	410,997		1,282,311
Crown Castle International Corp. (a)	268,137		18,715,963
Leap Wireless International, Inc. (a)(d)	51,525		275,659
MetroPCS Communications, Inc. (a)	316,592		3,102,602
NII Holdings, Inc. (a)(d)	144,839		698,124
NTELOS Holdings Corp.	10,948		136,631
SBA Communications Corp. Class A (a)(d)	109,238		7,769,007
Shenandoah Telecommunications Co.	22,919		330,263
Sprint Nextel Corp. (a)	2,784,811		16,151,904
Common Stocks - continued
	Shares		Value
TELECOMMUNICATION SERVICES - continued
Wireless Telecommunication Services - continued
Telephone & Data Systems, Inc.	98,546		$ 2,255,718
U.S. Cellular Corp. (a)(d)	27,310		1,004,735
USA Mobility, Inc.	43,148		501,380
			52,319,078
TOTAL TELECOMMUNICATION SERVICES			411,421,339
UTILITIES - 3.5%
Electric Utilities - 1.8%
Allete, Inc.	33,215		1,561,105
American Electric Power Co., Inc.	446,091		20,872,598
Cleco Corp. (d)	54,483		2,413,597
Duke Energy Corp.	665,471		46,083,867
Edison International	298,039		14,314,813
El Paso Electric Co.	44,691		1,490,445
Empire District Electric Co.	52,048		1,114,348
Entergy Corp.	167,660		10,438,512
Exelon Corp.	798,134		24,734,173
FirstEnergy Corp.	388,361		15,332,492
Great Plains Energy, Inc.	136,077		2,970,561
Hawaiian Electric Industries, Inc.	99,172		2,676,652
IDACORP, Inc.	44,055		2,056,928
ITC Holdings Corp.	54,901		4,640,233
MGE Energy, Inc.	22,576		1,211,880
NextEra Energy, Inc.	396,901		28,525,275
Northeast Utilities	298,461		12,389,116
NV Energy, Inc.	198,898		3,930,224
OGE Energy Corp.	100,519		5,821,055
Otter Tail Corp.	43,707		1,262,695
Pepco Holdings, Inc.	198,406		4,025,658
Pinnacle West Capital Corp.	94,072		5,262,388
PNM Resources, Inc.	67,114		1,507,380
Portland General Electric Co.	65,957		1,958,263
PPL Corp.	531,780		16,389,460
Southern Co.	819,798		36,899,108
UIL Holdings Corp.	48,015		1,880,267
Unitil Corp.	19,695		539,249
UNS Energy Corp.	32,111		1,509,859
Westar Energy, Inc. (d)	117,240		3,636,785
Xcel Energy, Inc.	463,832		13,311,978
			290,760,964
Gas Utilities - 0.3%
AGL Resources, Inc.	117,679		4,702,453
Atmos Energy Corp.	80,528		3,073,754
Chesapeake Utilities Corp.	10,363		497,735
Delta Natural Gas Co., Inc.	3,078		60,144
Gas Natural, Inc.	3,100		30,814
Laclede Group, Inc.	27,494		1,120,655
National Fuel Gas Co. (d)	80,051		4,658,168

	Shares		Value
New Jersey Resources Corp.	32,715		$ 1,457,780
Northwest Natural Gas Co.	34,699		1,580,539
ONEOK, Inc.	190,309		8,562,002
Piedmont Natural Gas Co., Inc. (d)	66,004		2,127,969
Questar Corp.	154,003		3,620,611
South Jersey Industries, Inc.	25,563		1,409,544
Southwest Gas Corp.	43,172		1,955,692
UGI Corp.	101,658		3,641,390
WGL Holdings, Inc.	48,285		2,036,178
			40,535,428
Independent Power Producers & Energy Traders - 0.2%
American DG Energy, Inc. (a)(d)	24,722		54,388
Black Hills Corp.	38,823		1,614,649
Calpine Corp. (a)(d)	357,032		6,569,389
Dynegy, Inc. (a)(d)	83,582		1,635,700
Genie Energy Ltd. Class B	11,430		80,239
NRG Energy, Inc.	283,859		6,812,616
Ormat Technologies, Inc. (d)	29,840		609,930
Synthesis Energy Systems, Inc. (a)(d)	39,903		42,696
The AES Corp.	613,866		7,133,123
			24,552,730
Multi-Utilities - 1.1%
Alliant Energy Corp.	123,112		5,871,211
Ameren Corp.	230,451		7,786,939
Avista Corp.	62,033		1,624,644
CenterPoint Energy, Inc.	384,116		8,231,606
CH Energy Group, Inc.	22,364		1,456,567
CMS Energy Corp.	217,136		5,777,989
Consolidated Edison, Inc.	267,067		15,756,953
Dominion Resources, Inc.	535,722		30,000,432
DTE Energy Co.	174,595		11,662,946
Integrys Energy Group, Inc.	70,869		4,009,059
MDU Resources Group, Inc.	177,407		4,286,153
NiSource, Inc.	277,276		7,680,545
NorthWestern Energy Corp.	42,329		1,649,984
PG&E Corp.	400,233		17,065,935
Public Service Enterprise Group, Inc.	481,767		15,700,787
SCANA Corp.	137,776		6,728,980
Sempra Energy	209,790		16,313,270
TECO Energy, Inc.	187,457		3,233,633
Vectren Corp.	88,091		2,907,003
Wisconsin Energy Corp.	210,137		8,678,658
			176,423,294
Water Utilities - 0.1%
American States Water Co. (d)	26,442		1,400,368
American Water Works Co., Inc.	164,099		6,473,706
Aqua America, Inc. (d)	151,195		4,404,310
Artesian Resources Corp. Class A	8,755		194,799
Cadiz, Inc. (a)(d)	5,759		38,816
California Water Service Group	51,749		1,038,085
Connecticut Water Service, Inc.	5,010		149,599
Middlesex Water Co.	7,054		137,271
Common Stocks - continued
	Shares		Value
UTILITIES - continued
Water Utilities - continued
Pure Cycle Corp. (a)	13,598		$ 54,528
SJW Corp.	12,324		326,709
York Water Co.	5,248		96,878
			14,315,069
TOTAL UTILITIES			546,587,485
TOTAL COMMON STOCKS (Cost $12,541,206,142)		15,617,207,824

U.S. Treasury Obligations - 0.1%
	Principal Amount
U.S. Treasury Bills, yield at date of purchase 0.08% to 0.14% 4/11/13 to 8/8/13 (e) (Cost $13,995,954)	$ 14,000,000	13,995,829

Money Market Funds - 9.9%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	251,050,200		251,050,200
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	1,320,680,268		1,320,680,268
TOTAL MONEY MARKET FUNDS (Cost $1,571,730,468)		1,571,730,468
TOTAL INVESTMENT PORTFOLIO - 108.7% (Cost $14,126,932,564)		17,202,934,121
NET OTHER ASSETS (LIABILITIES) - (8.7)%		(1,379,225,564)
NET ASSETS - 100%		$ 15,823,708,557

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
Purchased
Equity Index Contracts
288 CME S&P 500 Index Contracts	March 2013	$ 108,957,600	$ 6,174,424
749 CME E-mini S&P 500 Index Contracts	March 2013	56,673,085	3,298,524
110 CME E-mini S&P MidCap 400 Index Contracts	March 2013	12,118,700	948,344
266 NYFE Russell 2000 Mini Index Contracts	March 2013	24,211,320	2,022,798
TOTAL EQUITY INDEX CONTRACTS		$ 201,960,705	$ 12,444,090

The face value of futures purchased as a percentage of net assets is 1.4%

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $11,776,149.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 287,077
Fidelity Securities Lending Cash Central Fund	7,094,866
Total	$ 7,381,943

Other Information

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 1,900,846,570	$ 1,900,846,570	$ -	$ -
Consumer Staples	1,474,260,627	1,474,260,627	-	-
Energy	1,606,396,650	1,606,396,650	-	-
Financials	2,687,885,279	2,687,883,265	-	2,014
Health Care	1,871,399,851	1,871,399,850	-	1
Industrials	1,760,126,554	1,760,119,350	7,204	-
Information Technology	2,751,342,683	2,751,342,683	-	-
Materials	606,940,786	606,940,786	-	-
Telecommunication Services	411,421,339	411,421,339	-	-
Utilities	546,587,485	546,587,485	-	-
U.S. Government and Government Agency Obligations	13,995,829	-	13,995,829	-
Money Market Funds	1,571,730,468	1,571,730,468	-	-
Total Investments in Securities:	$ 17,202,934,121	$ 17,188,929,073	$ 14,003,033	$ 2,015
Derivative Instruments:
Assets
Futures Contracts	$ 12,444,090	$ 12,444,090	$ -	$ -

Value of Derivative Instruments

Risk Exposure / Derivative Type	Value
	Asset	Liability
Equity Risk
Futures Contracts (a)	$ 12,444,090	$ -
Total Value of Derivatives	$ 12,444,090	$ -

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan Total Market Index Fund

Financial Statements

Statement of Assets and Liabilities

	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $1,287,151,025) - See accompanying schedule: Unaffiliated issuers (cost $12,555,202,096)	$ 15,631,203,653
Fidelity Central Funds (cost $1,571,730,468)	1,571,730,468
Total Investments (cost $14,126,932,564)		$ 17,202,934,121
Receivable for investments sold		3,035,785
Receivable for fund shares sold		11,984,080
Dividends receivable		33,542,246
Distributions receivable from Fidelity Central Funds		558,348
Receivable from investment adviser for expense reductions		160,619
Other receivables		178,407
Total assets		17,252,393,606

Liabilities
Payable to custodian bank	$ 126,989
Payable for investments purchased	56,679,963
Payable for fund shares redeemed	49,799,670
Accrued management fee	591,657
Payable for daily variation margin on futures contracts	333,124
Other affiliated payables	297,617
Other payables and accrued expenses	175,761
Collateral on securities loaned, at value	1,320,680,268
Total liabilities		1,428,685,049

Net Assets		$ 15,823,708,557
Net Assets consist of:
Paid in capital		$ 13,071,285,937
Undistributed net investment income		46,240,356
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions		(382,263,383)
Net unrealized appreciation (depreciation) on investments		3,088,445,647
Net Assets		$ 15,823,708,557

Statement of Assets and Liabilities - continued

	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($1,305,435,209 ÷ 29,633,769 shares)		$ 44.05

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($10,262,591,611 ÷ 232,944,649 shares)		$ 44.06

Institutional Class: Net Asset Value, offering price and redemption price per share ($876,155,329 ÷ 19,889,560 shares)		$ 44.05

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($546,328,608 ÷ 12,402,872 shares)		$ 44.05

Class F: Net Asset Value, offering price and redemption price per share ($2,833,197,800 ÷ 64,302,504 shares)		$ 44.06

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan Total Market Index Fund
Financial Statements - continued

Statement of Operations

	Year ended February 28, 2013

Investment Income
Dividends		$ 298,854,280
Interest		13,404
Income from Fidelity Central Funds		7,381,943
Total income		306,249,627

Expenses
Management fee	$ 6,141,448
Transfer agent fees	3,688,553
Independent trustees' compensation	87,852
Miscellaneous	34,265
Total expenses before reductions	9,952,118
Expense reductions	(397,071)	9,555,047
Net investment income (loss)		296,694,580
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	52,234,181
Foreign currency transactions	1,127
Futures contracts	27,632,420
Total net realized gain (loss)		79,867,728
Change in net unrealized appreciation (depreciation) on: Investment securities	1,451,980,584
Assets and liabilities in foreign currencies	(221)
Futures contracts	220,387
Total change in net unrealized appreciation (depreciation)		1,452,200,750
Net gain (loss)		1,532,068,478
Net increase (decrease) in net assets resulting from operations		$ 1,828,763,058

Statement of Changes in Net Assets

	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 296,694,580	$ 209,840,887
Net realized gain (loss)	79,867,728	578,441,424
Change in net unrealized appreciation (depreciation)	1,452,200,750	(263,122,528)
Net increase (decrease) in net assets resulting from operations	1,828,763,058	525,159,783
Distributions to shareholders from net investment income	(264,325,861)	(195,308,977)
Share transactions - net increase (decrease)	1,964,414,886	(149,356,809)
Redemption fees	275,392	378,217
Total increase (decrease) in net assets	3,529,127,475	180,872,214

Net Assets
Beginning of period	12,294,581,082	12,113,708,868
End of period (including undistributed net investment income of $46,240,356 and undistributed net investment income of $27,909,802, respectively)	$ 15,823,708,557	$ 12,294,581,082

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 38.56	$ 31.54	$ 20.60	$ 37.25
Income from Investment Operations
Net investment income (loss)^B	.87	.68	.61	.56	.70
Net realized and unrealized gain (loss)	4.40	.96	7.03	10.96	(16.70)
Total from investment operations	5.27	1.64	7.64	11.52	(16.00)
Distributions from net investment income	(.77)	(.65)	(.60)	(.57)	(.64)
Distributions from net realized gain	-	-	(.02)	(.02)	(.01)
Total distributions	(.77)	(.65)	(.62)	(.58)^I	(.65)^H
Redemption fees added to paid in capital^{B, G}	-	-	-	-	-
Net asset value, end of period	$ 44.05	$ 39.55	$ 38.56	$ 31.54	$ 20.60
Total Return^A	13.50%	4.46%	24.39%	56.10%	(43.32)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.10%	.10%	.10%	.10%	.10%
Expenses net of fee waivers, if any	.10%	.10%	.10%	.10%	.10%
Expenses net of all reductions	.10%	.10%	.10%	.10%	.10%
Net investment income (loss)	2.15%	1.84%	1.80%	2.00%	2.23%
Supplemental Data
Net assets, end of period (000 omitted)	$ 1,305,435	$ 3,379,770	$ 6,289,666	$ 5,357,908	$ 3,358,025
Portfolio turnover rate^D	3%	17%	4%	7%	3%

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.56	$ 38.56	$ 31.54	$ 20.61	$ 37.25
Income from Investment Operations
Net investment income (loss)^B	.89	.69	.62	.57	.72
Net realized and unrealized gain (loss)	4.39	.97	7.03	10.95	(16.71)
Total from investment operations	5.28	1.66	7.65	11.52	(15.99)
Distributions from net investment income	(.78)	(.66)	(.61)	(.57)	(.65)
Distributions from net realized gain	-	-	(.02)	(.02)	(.01)
Total distributions	(.78)	(.66)	(.63)	(.59)^I	(.65)^H
Redemption fees added to paid in capital^{B, G}	-	-	-	-	-
Net asset value, end of period	$ 44.06	$ 39.56	$ 38.56	$ 31.54	$ 20.61
Total Return^A	13.53%	4.51%	24.43%	56.07%	(43.28)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.07%	.07%	.07%	.07%	.07%
Expenses net of fee waivers, if any	.07%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.07%	.07%	.07%	.07%	.07%
Net investment income (loss)	2.18%	1.87%	1.83%	2.03%	2.26%
Supplemental Data
Net assets, end of period (000 omitted)	$ 10,262,592	$ 6,536,903	$ 5,078,759	$ 3,752,204	$ 2,267,057
Portfolio turnover rate^D	3%	17%	4%	7%	3%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^B Calculated based on average shares outstanding during the period. ^C Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^F For the year ended February 29. ^G Amount represents less than $.01 per share. ^H Total distributions of $.654 per share is comprised of distributions from net investment income of $.649 and distributions from net realized gain of $.005 per share. ^I Total distributions of $.59 per share is comprised of distributions from net investment income of $.574 and distributions from net realized gain of $.015 per share.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Institutional Class

Years ended February 28,	2013	2012^{G, I}
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 34.49
Income from Investment Operations
Net investment income (loss)^D	.89	.36
Net realized and unrealized gain (loss)	4.40	5.26
Total from investment operations	5.29	5.62
Distributions from net investment income	(.79)	(.56)
Redemption fees added to paid in capital^{D, J}	-	-
Net asset value, end of period	$ 44.05	$ 39.55
Total Return^{B, C}	13.55%	16.49%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.07%	.07%^A
Expenses net of fee waivers, if any	.06%	.06%^A
Expenses net of all reductions	.06%	.06%^A
Net investment income (loss)	2.19%	2.03%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 876,155	$ 693,534
Portfolio turnover rate^F	3%	17%^K

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^{G, I}
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 34.49
Income from Investment Operations
Net investment income (loss)^D	.90	.36
Net realized and unrealized gain (loss)	4.39	5.26
Total from investment operations	5.29	5.62
Distributions from net investment income	(.79)	(.56)
Redemption fees added to paid in capital^{D, J}	-	-
Net asset value, end of period	$ 44.05	$ 39.55
Total Return^{B, C}	13.57%	16.50%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.06%	.06%^A
Expenses net of fee waivers, if any	.05%^L	.05%^{A, L}
Expenses net of all reductions	.05%^L	.05%^{A, L}
Net investment income (loss)	2.20%	2.02%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 546,329	$ 189,758
Portfolio turnover rate^F	3%	17%^K

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Class F

Years ended February 28,	2013	2012^I	2011	2010^G
Selected Per-Share Data
Net asset value, beginning of period	$ 39.56	$ 38.56	$ 31.54	$ 30.10
Income from Investment Operations
Net investment income (loss)^D	.90	.69	.63	.26
Net realized and unrealized gain (loss)	4.39	.97	7.02	1.67
Total from investment operations	5.29	1.66	7.65	1.93
Distributions from net investment income	(.79)	(.66)	(.61)	(.47)
Distributions from net realized gain	-	-	(.02)	(.02)
Total distributions	(.79)	(.66)	(.63)	(.49)^K
Redemption fees added to paid in capital^{D, J}	-	-	-	-
Net asset value, end of period	$ 44.06	$ 39.56	$ 38.56	$ 31.54
Total Return^{B, C}	13.55%	4.51%	24.43%	6.42%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.05%^L	.06%	.07%	.07%^A
Expenses net of fee waivers, if any	.05%^L	.06%	.07%	.07%^A
Expenses net of all reductions	.05%^L	.06%	.07%	.07%^A
Net investment income (loss)	2.20%	1.89%	1.83%	1.98%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 2,833,198	$ 1,494,616	$ 745,283	$ 70,077
Portfolio turnover rate^F	3%	17%	4%	7%

^A Annualized ^B Total returns for periods of less than one year are not annualized. ^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^D Calculated based on average shares outstanding during the period. ^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^G For the period September 24, 2009 (commencement of sale of shares) to February 28, 2010. ^H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer-term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^I For the year ended February 29. ^J Amount represents less than $.01 per share. ^K Total distributions of $.49 per share is comprised of distributions from net investment income of $.472 and distributions from net realized gain of $.015 per share. ^L Amount represents .046%.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Notes to Financial Statements

For the period ended February 28, 2013

1. Organization.

2. Investments in Fidelity Central Funds.

The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.

3. Significant Accounting Policies.

The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value the Fund's investments by major category are as follows:

Annual Report

3. Significant Accounting Policies - continued

Investment Valuation - continued

Annual Report

Notes to Financial Statements - continued

3. Significant Accounting Policies - continued

Income Tax Information and Distributions to Shareholders - continued

Fund claimed a portion of the payment made to redeeming shareholders as a distribution for income tax purposes.

The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows:

Gross unrealized appreciation	$ 4,313,659,382
Gross unrealized depreciation	(1,277,823,266)
Net unrealized appreciation (depreciation) on securities and other investments	$ 3,035,836,116

Tax Cost	$ 14,167,098,005

The tax-based components of distributable earnings as of period end were as follows:

Undistributed ordinary income	$ 46,416,105
Capital loss carryforward	$ (329,653,844)
Net unrealized appreciation (depreciation)	$ 3,035,836,116

Fiscal year of expiration
2017	$ (82,640,415)
2018	(46,727,186)
2019	(200,286,243)
Total with expiration	$ (329,653,844)

The tax character of distributions paid was as follows:

	February 28, 2013	February 29, 2012
Ordinary Income	$ 264,325,861	$ 195,308,977

Annual Report

4. Derivative Instruments.

The Fund's use of derivatives increased or decreased its exposure to the following risk:

Equity Risk

5. Purchases and Sales of Investments.

Purchases and sales of securities, other than short-term securities, aggregated $2,333,261,563 and $350,473,786, respectively.

6. Fees and Other Transactions with Affiliates.

Management Fee and Expense Contract. FMR and its affiliates provide the Fund with investment management related services for which the Fund pays a monthly management fee. The management fee is based on an annual rate of .045% of the Fund's average net assets. Under the management contract, FMR pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.

Annual Report

Notes to Financial Statements - continued

6. Fees and Other Transactions with Affiliates - continued

Management Fee and Expense Contract - continued

Investor Class	.10%
Fidelity Advantage Class	.07%
Institutional Class	.07%
Fidelity Advantage Institutional Class	.06%

Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of FMR, is the transfer, dividend disbursing and shareholder servicing agent for each class. FIIOC receives transfer agent fees at an annual rate of .075%, .045%, .035% and .015% of average net assets for Investor Class, Fidelity Advantage Class, Institutional Class and Fidelity Advantage Institutional Class, respectively. FIIOC receives no fees for providing transfer agency services to Class F. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements.

For the period, the total transfer agent fees paid by each applicable class were as follows:

	Amount
Investor Class	$ 1,608,860
Fidelity Advantage Class	1,808,389
Institutional Class	198,032
Fidelity Advantage Institutional Class	73,272
	$ 3,688,553

7. Committed Line of Credit.

The Fund participates with other funds managed by FMR or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The Fund has agreed to pay commitment fees on its pro-rata portion of the line of credit, which amounted to $34,265 and is reflected in Miscellaneous expenses on the Statement of Operations. During the period, there were no borrowings on this line of credit.

8. Security Lending.

Annual Report

9. Expense Reductions.

	Expense Limitations	Reimbursement
Institutional Class	.06% / .05%*	$ 102,634
Fidelity Advantage Class	.06%*	216,903
Fidelity Advantage Institutional Class	.045%	77,053
		$ 396,590

* Expense limitation effective January 1, 2013.

10. Distributions to Shareholders.

Distributions to shareholders of each class were as follows:

	Year ended February 28, 2013	Year ended February 29, 2012 ^A
From net investment income
Investor Class	$ 58,496,193	$ 74,011,128
Fidelity Advantage Class	134,301,377	90,014,851
Institutional Class	15,312,994	6,818,791
Fidelity Advantage Institutional Class	9,729,037	2,620,049
Class F	46,486,260	21,844,158
Total	$ 264,325,861	$ 195,308,977

^A Distributions for Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

11. Share Transactions.

Transactions for each class of shares were as follows:

	Shares		Dollars
	Year ended February 28, 2013	Year ended February 29, 2012 ^A	Year ended February 28, 2013	Year ended February 29, 2012 ^A
Investor Class
Shares sold	18,000,373	37,550,760	$ 734,600,452	$ 1,388,868,676
Reinvestment of distributions	1,376,779	2,008,028	55,808,530	71,680,307
Shares redeemed	(75,188,401)	(117,221,767) ^B	(3,168,012,059)	(4,390,559,721) ^B
Net increase (decrease)	(55,811,249)	(77,662,979)	$ (2,377,603,077)	$ (2,930,010,738)
Fidelity Advantage Class
Shares sold	97,957,582	52,795,658	$ 4,121,057,430	$ 2,007,116,846
Reinvestment of distributions	2,934,640	2,192,081	119,002,705	77,894,521
Shares redeemed	(33,199,050)	(21,435,179)	(1,350,946,307)	(789,876,393)
Net increase (decrease)	67,693,172	33,552,560	$ 2,889,113,828	$ 1,295,134,974
Institutional Class
Shares sold	8,433,106	17,993,180	$ 338,510,978	$ 649,476,736
Reinvestment of distributions	377,853	194,656	15,312,994	6,818,791
Shares redeemed	(6,455,224)	(654,011)	(253,857,664)	(24,602,098)
Net increase (decrease)	2,355,735	17,533,825	$ 99,966,308	$ 631,693,429
Fidelity Advantage Institutional Class
Shares sold	10,372,973	4,871,455	$ 406,066,075	$ 179,033,674
Reinvestment of distributions	239,832	74,794	9,729,037	2,620,049
Shares redeemed	(3,007,383)	(148,799)	(124,740,192)	(5,550,895)
Net increase (decrease)	7,605,422	4,797,450	$ 291,054,920	$ 176,102,828

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Notes to Financial Statements - continued

11. Share Transactions - continued

	Shares		Dollars
	Year ended February 28, 2013	Year ended February 29, 2012 ^A	Year ended February 28, 2013	Year ended February 29, 2012 ^A
Class F
Shares sold	31,085,123	22,439,089	$ 1,254,633,446	$ 826,126,384
Reinvestment of distributions	1,145,187	617,949	46,486,260	21,844,158
Shares redeemed	(5,709,687)	(4,602,865)	(239,236,799)	(170,247,844)
Net increase (decrease)	26,520,623	18,454,173	$ 1,061,882,907	$ 677,722,698

^A Share transactions for Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

^B Amount includes in-kind redemptions.

12. Other.

Annual Report

Shareholder Expense Example

As a shareholder of a Fund, you incur two types of costs: (1) transaction costs, including redemption fees and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other mutual funds.

The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2012 to February 28, 2013).

Actual Expenses

The first line of the accompanying table for each class of each fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class of the fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.

Hypothetical Example for Comparison Purposes

The second line of the accompanying table for each class of each fund provides information about hypothetical account values and hypothetical expenses based on a Class' actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Class' actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.

	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Spartan Extended Market Index
Investor Class	.10%
Actual		$ 1,000.00	$ 1,138.40	$ .53
Hypothetical^A		$ 1,000.00	$ 1,024.30	$ .50
Fidelity Advantage Class	.07%
Actual		$ 1,000.00	$ 1,138.30	$ .37
Hypothetical^A		$ 1,000.00	$ 1,024.45	$ .35
Fidelity Advantage Institutional Class	.06%
Actual		$ 1,000.00	$ 1,138.40	$ .32
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30
Spartan International Index
Investor Class	.20%
Actual		$ 1,000.00	$ 1,139.80	$ 1.06
Hypothetical^A		$ 1,000.00	$ 1,023.80	$ 1.00
Fidelity Advantage Class	.12%
Actual		$ 1,000.00	$ 1,140.00	$ .64
Hypothetical^A		$ 1,000.00	$ 1,024.20	$ .60
Institutional Class	.07%
Actual		$ 1,000.00	$ 1,140.20	$ .37
Hypothetical^A		$ 1,000.00	$ 1,024.45	$ .35
	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Fidelity Advantage Institutional Class	.06%
Actual		$ 1,000.00	$ 1,140.30	$ .32
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30

^A 5% return per year before expenses

* Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/ 365 (to reflect the one-half year period).

Annual Report

Spartan Extended Market Index Fund

Performance: The Bottom Line

Average annual total return reflects the change in the value of an investment, assuming reinvestment of the class' distributions from dividend income and capital gains (the profits earned upon the sale of securities that have grown in value, if any) and assuming a constant rate of performance each year. The $10,000 table and the fund's returns does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. During periods of reimbursement by Fidelity, a fund's total return will be greater than it would be had the reimbursement not occurred. How a fund did yesterday is no guarantee of how it will do tomorrow.

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Spartan Extended Market Index Fund - Fidelity Advantage Institutional Class^A	14.04%	7.69%	12.15%

^A The initial offering of Fidelity Advantage Institutional Class shares took place September 8, 2011. Returns between October 14, 2005 and September 8, 2011 are those of Fidelity Advantage Class. Returns prior to October 14, 2005 are those of Investor Class.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan® Extended Market Index Fund - Fidelity Advantage Institutional Class on on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the Dow Jones U.S. Completion Total Stock Market Index performed over the same period. The initial offering of Fidelity Advantage Institutional Class took place on September 8, 2011. See above for additional information regarding the performance of Fidelity Advantage Institutional Class.

wsd397

Annual Report

Spartan Extended Market Index Fund

Management's Discussion of Fund Performance

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® Extended Market Index Fund: For the year, the fund's Fidelity Advantage® Institutional Class shares gained 14.04%, compared with 13.80% for the fund's benchmark, the Dow Jones U.S. Completion Total Stock Market Index^SM. Of the 10 market sectors in the index, nine generated positive performance, with energy the only exception. Among the gainers, financials and health care did the best, each generating a gain of around 20%. The fund's leading individual contributor was HollyFrontier, an independent oil refinery whose shares were up sharply during the period. Cheaper energy costs have enabled HollyFrontier and its competitors to operate more profitably. Liberty Global, a provider of video, Internet and telephone service, and shares of Starz, a media and entertainment company spun off from Liberty Global in August, also added value, as did LinkedIn, a business-oriented social media company whose stock jumped in February after the firm announced much-better-than-expected fourth-quarter earnings. One notable negative during the period was VeriFone Systems, whose shares were down roughly 60% - including 43% on a single day in late February, after the company, which makes credit-card payment terminals, predicted that Europe's poor economy would depress the company's profits. Also hurting results was Herbalife. A well-known hedge fund manager honed in on this maker of nutrition and personal care products, essentially accusing the company of operating a pyramid scheme - something the company's management has categorically denied. While the company's shares dropped sharply in December, it made up a significant portion of the decline in the subsequent months.

Annual Report

Spartan Extended Market Index Fund

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
General Motors Co.	0.6	0.4
Transocean Ltd. (United States)	0.6	0.0
Las Vegas Sands Corp.	0.6	0.6
Liberty Global, Inc. Class A	0.5	0.5
Annaly Capital Management, Inc.	0.5	0.6
Facebook, Inc. Class A	0.5	0.3
Regeneron Pharmaceuticals, Inc.	0.4	0.4
Delta Air Lines, Inc.	0.4	0.3
Liberty Media Corp. Class A	0.4	0.0
HollyFrontier Corp.	0.4	0.3
	4.9
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Financials	22.8	22.5
Consumer Discretionary	15.4	16.3
Industrials	15.3	14.1
Information Technology	14.8	15.3
Health Care	10.5	10.7
Energy	6.6	5.6
Materials	5.6	6.2
Utilities	3.6	3.7
Consumer Staples	3.2	3.3
Telecommunication Services	0.9	1.0

Annual Report

Spartan Extended Market Index Fund

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 98.7%
	Shares		Value
CONSUMER DISCRETIONARY - 15.4%
Auto Components - 0.9%
Allison Transmission Holdings, Inc.	76,706		$ 1,771,909
American Axle & Manufacturing Holdings, Inc. (a)	172,886		2,187,008
Cooper Tire & Rubber Co.	161,372		4,079,484
Dana Holding Corp.	384,916		6,439,645
Dorman Products, Inc. (d)	82,023		2,867,524
Drew Industries, Inc.	48,740		1,773,161
Exide Technologies (a)	194,496		521,249
Federal-Mogul Corp. Class A (a)	60,748		490,844
Fuel Systems Solutions, Inc. (a)(d)	31,837		442,216
Gentex Corp. (d)	355,459		6,664,856
Gentherm, Inc. (a)	70,617		1,087,502
Lear Corp.	244,133		13,041,585
Modine Manufacturing Co. (a)	132,459		1,091,462
Motorcar Parts of America, Inc. (a)	33,298		182,140
Quantum Fuel Systems Technologies Worldwide, Inc. (a)(d)	23,585		16,274
Shiloh Industries, Inc.	9,407		98,585
Spartan Motors, Inc.	62,902		332,752
Standard Motor Products, Inc.	59,935		1,482,193
Stoneridge, Inc. (a)	65,396		421,804
Strattec Security Corp.	6,920		196,874
Superior Industries International, Inc.	56,407		1,226,852
Tenneco, Inc. (a)	164,792		5,838,581
Tower International, Inc. (a)	17,465		210,279
TRW Automotive Holdings Corp. (a)	254,300		14,924,867
UQM Technologies, Inc. (a)(d)	78,497		58,873
Visteon Corp. (a)	134,057		7,812,842
			75,261,361
Automobiles - 0.8%
General Motors Co. (a)(d)	1,951,627		52,986,668
Tesla Motors, Inc. (a)(d)	179,803		6,262,538
Thor Industries, Inc. (d)	110,352		4,148,132
Winnebago Industries, Inc. (a)	74,520		1,444,198
			64,841,536
Distributors - 0.3%
Core-Mark Holding Co., Inc.	32,914		1,577,239
LKQ Corp. (a)	753,377		15,964,059
Pool Corp.	112,674		5,151,455
VOXX International Corp. (a)(d)	62,477		621,646
Weyco Group, Inc.	16,952		390,913
			23,705,312
Diversified Consumer Services - 0.7%
American Public Education, Inc. (a)(d)	44,261		1,725,294
Ascent Capital Group, Inc. (a)(d)	34,050		2,335,490
Bridgepoint Education, Inc. (a)(d)	51,097		521,700
Bright Horizons Family Solutions, Inc.	25,400		710,184
Cambium Learning Group, Inc. (a)	16,192		19,754
Capella Education Co. (a)(d)	34,672		1,097,716
Career Education Corp. (a)	137,751		440,803

	Shares		Value
Carriage Services, Inc.	49,366		$ 898,461
Coinstar, Inc. (a)(d)	76,335		3,907,589
Collectors Universe, Inc. (d)	17,833		197,411
Corinthian Colleges, Inc. (a)(d)	178,249		379,670
DeVry, Inc. (d)	163,000		4,886,740
Education Management Corp. (a)(d)	71,409		254,216
Grand Canyon Education, Inc. (a)	101,607		2,433,488
Hillenbrand, Inc.	148,874		3,675,699
ITT Educational Services, Inc. (a)(d)	44,919		618,984
K12, Inc. (a)(d)	95,189		1,984,691
Learning Tree International, Inc. (a)	12,160		46,086
LifeLock, Inc.	37,658		438,716
Lincoln Educational Services Corp.	64,172		404,925
Mac-Gray Corp.	25,136		312,189
Matthews International Corp. Class A	61,846		2,040,918
National American University Holdings, Inc.	23,237		90,392
Regis Corp. (d)	140,330		2,528,747
Service Corp. International	578,446		8,989,051
Sotheby's Class A (Ltd. vtg.) (d)	170,852		6,531,672
Steiner Leisure Ltd. (a)	31,260		1,473,909
Stewart Enterprises, Inc. Class A	181,075		1,533,705
Strayer Education, Inc. (d)	31,745		1,558,362
Universal Technical Institute, Inc.	48,727		568,157
Weight Watchers International, Inc. (d)	66,068		2,830,353
			55,435,072
Hotels, Restaurants & Leisure - 2.9%
AFC Enterprises, Inc. (a)	62,034		1,861,020
Ambassadors Group, Inc.	48,627		218,822
Ameristar Casinos, Inc.	83,030		2,175,386
ARK Restaurants Corp.	8,457		180,219
Bally Technologies, Inc. (a)(d)	110,933		5,297,051
Biglari Holdings, Inc. (a)(d)	3,343		1,251,552
BJ's Restaurants, Inc. (a)(d)	64,098		1,973,577
Bloomin' Brands, Inc.	63,870		1,099,203
Bluegreen Corp. (a)	26,636		259,967
Bob Evans Farms, Inc.	71,704		2,918,353
Boyd Gaming Corp. (a)(d)	138,515		910,044
Bravo Brio Restaurant Group, Inc. (a)	41,389		624,146
Brinker International, Inc.	188,247		6,283,685
Buffalo Wild Wings, Inc. (a)(d)	43,913		3,455,514
Burger King Worldwide, Inc.	201,153		3,671,042
Caesars Entertainment Corp. (d)	63,112		788,900
Carrols Restaurant Group, Inc. (a)(d)	55,247		293,914
CEC Entertainment, Inc.	53,783		1,626,936
Century Casinos, Inc. (a)	54,140		159,713
Choice Hotels International, Inc. (d)	86,880		3,304,046
Churchill Downs, Inc.	34,319		2,264,368
Chuys Holdings, Inc. (d)	14,879		424,200
Cosi, Inc. (a)	62,262		54,168
Cracker Barrel Old Country Store, Inc.	57,580		4,334,622
Del Frisco's Restaurant Group, Inc. (a)	13,704		241,053
Denny's Corp. (a)	245,910		1,391,851
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Hotels, Restaurants & Leisure - continued
DineEquity, Inc.	36,952		$ 2,582,575
Domino's Pizza, Inc.	143,654		6,840,803
Dover Downs Gaming & Entertainment, Inc.	28,631		66,710
Dover Motorsports, Inc.	22,686		38,566
Dunkin' Brands Group, Inc. (d)	207,385		7,704,353
Einstein Noah Restaurant Group, Inc.	16,381		220,161
Empire Resorts, Inc. (a)(d)	26,500		53,265
Entertainment Gaming Asia, Inc. (a)	41,906		82,136
Famous Dave's of America, Inc. (a)	15,087		148,456
Fiesta Restaurant Group, Inc. (a)	41,197		931,052
Frisch's Restaurants, Inc.	8,068		153,453
Full House Resorts, Inc. (a)	24,413		81,539
Gaming Partners International Corp.	1,584		12,466
Granite City Food & Brewery Ltd. (a)	2,301		4,464
Hyatt Hotels Corp. Class A (a)	136,316		5,601,224
Ignite Restaurant Group, Inc. (a)	12,461		174,952
International Speedway Corp. Class A	76,829		2,315,626
Interval Leisure Group, Inc.	95,505		1,993,189
Isle of Capri Casinos, Inc. (a)	62,455		414,077
Jack in the Box, Inc. (a)	113,324		3,587,838
Jamba, Inc. (a)(d)	190,500		533,400
Kona Grill, Inc. (a)	10,220		86,870
Krispy Kreme Doughnuts, Inc. (a)	168,974		2,230,457
Lakes Entertainment, Inc. (a)	51,180		154,564
Las Vegas Sands Corp.	901,974		46,442,641
Life Time Fitness, Inc. (a)(d)	100,324		4,227,653
Luby's, Inc. (a)	41,544		338,168
Marcus Corp.	44,387		541,965
Marriott Vacations Worldwide Corp. (a)	72,432		2,988,544
MAXXAM, Inc. (a)	8		4,840
MGM Mirage, Inc. (a)	938,375		11,720,304
Monarch Casino & Resort, Inc. (a)	28,201		283,702
Morgans Hotel Group Co. (a)	89,969		441,748
MTR Gaming Group, Inc. (a)	47,245		181,893
Multimedia Games Holding Co., Inc. (a)	77,444		1,448,203
Nathan's Famous, Inc. (a)	7,826		286,745
Norwegian Cruise Line Holdings Ltd. (d)	59,000		1,827,820
Orient Express Hotels Ltd. Class A (a)	222,453		2,297,939
Panera Bread Co. Class A (a)	70,750		11,387,213
Papa John's International, Inc. (a)	47,394		2,464,962
Penn National Gaming, Inc. (a)(d)	167,235		8,336,665
Pinnacle Entertainment, Inc. (a)	143,901		2,014,614
Premier Exhibitions, Inc. (a)	49,299		113,388
Red Lion Hotels Corp. (a)	40,106		289,164
Red Robin Gourmet Burgers, Inc. (a)(d)	45,201		1,938,219
Rick's Cabaret International, Inc. (a)	17,933		152,610
Royal Caribbean Cruises Ltd.	357,576		12,468,675
Ruby Tuesday, Inc. (a)(d)	132,312		971,170
Ruth's Hospitality Group, Inc. (a)(d)	79,897		723,867
Scientific Games Corp. Class A (a)	151,632		1,364,688

	Shares		Value
SHFL Entertainment, Inc. (a)	149,495		$ 2,370,991
Six Flags Entertainment Corp.	134,637		8,995,098
Sonic Corp. (a)(d)	134,092		1,513,899
Speedway Motorsports, Inc.	37,455		609,018
Texas Roadhouse, Inc. Class A	141,782		2,742,064
The Cheesecake Factory, Inc.	138,221		4,787,975
Town Sports International Holdings, Inc.	44,383		411,430
Vail Resorts, Inc.	91,200		5,037,888
Wendy's Co.	820,657		4,669,538
WMS Industries, Inc. (a)	135,114		3,383,255
			232,854,104
Household Durables - 1.3%
American Greetings Corp. Class A (d)	80,329		1,301,330
Bassett Furniture Industries, Inc.	26,134		380,250
Beazer Homes USA, Inc. (a)(d)	58,949		917,836
Blyth, Inc. (d)	30,867		441,089
Cavco Industries, Inc. (a)(d)	15,629		705,024
Cobra Electronics Corp. (a)	2,458		8,259
CSS Industries, Inc.	25,514		612,591
Dixie Group, Inc. (a)	9,546		40,857
Emerson Radio Corp. (a)	24,397		40,255
Ethan Allen Interiors, Inc. (d)	65,707		1,835,854
Flexsteel Industries, Inc.	13,576		312,248
Furniture Brands International, Inc. (a)(d)	96,407		87,730
Helen of Troy Ltd. (a)	82,338		3,053,093
Hooker Furniture Corp. (d)	28,322		425,113
Hovnanian Enterprises, Inc. Class A (a)(d)	270,421		1,581,963
iRobot Corp. (a)(d)	70,540		1,512,378
Jarden Corp. (d)	195,174		12,122,257
KB Home (d)	199,841		3,735,028
Kid Brands, Inc. (a)	42,456		65,382
Koss Corp.	1,389		6,876
La-Z-Boy, Inc.	136,599		2,502,494
Libbey, Inc. (a)	55,448		1,017,471
Lifetime Brands, Inc.	17,993		195,584
M.D.C. Holdings, Inc.	95,439		3,667,721
M/I Homes, Inc. (a)(d)	59,187		1,355,382
Meritage Homes Corp. (a)(d)	84,822		3,434,443
Mohawk Industries, Inc. (a)	145,243		15,398,663
NACCO Industries, Inc. Class A	15,913		924,386
NVR, Inc. (a)	11,951		12,060,949
Ryland Group, Inc.	112,867		4,031,609
Sealy Corp., Inc. (a)(d)	239,859		522,893
Skullcandy, Inc. (a)(d)	35,352		215,647
Skyline Corp. (a)	14,802		67,941
Standard Pacific Corp. (a)(d)	272,235		2,215,993
Stanley Furniture Co., Inc. (a)	37,789		175,341
Tempur-Pedic International, Inc. (a)(d)	149,070		6,122,305
Toll Brothers, Inc. (a)	375,191		12,801,517
TRI Pointe Homes, Inc.	33,900		623,760
Tupperware Brands Corp.	142,523		11,149,574
Universal Electronics, Inc. (a)(d)	42,510		830,645
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Household Durables - continued
Wells-Gardner Electronics Corp. (a)	4,238		$ 8,222
Zagg, Inc. (a)(d)	58,700		430,271
			108,938,224
Internet & Catalog Retail - 0.6%
1-800-FLOWERS.com, Inc. Class A (a)	119,868		515,432
Blue Nile, Inc. (a)(d)	34,050		1,155,317
CafePress, Inc.	18,875		131,181
dELiA*s, Inc. (a)	47,804		49,238
Gaiam, Inc. Class A (a)(d)	35,599		129,580
Geeknet, Inc. (a)	16,239		259,986
Groupon, Inc. Class A (a)(d)	689,498		3,123,426
Hollywood Media Corp. (a)	72,242		96,082
HomeAway, Inc. (a)	87,491		2,580,985
HSN, Inc.	102,794		5,499,479
Kayak Software Corp. (d)	8,136		324,382
Liberty Media Corp.:
Interactive Series A (a)	1,307,488		27,300,349
Series A (a)	72,200		5,212,840
NutriSystem, Inc. (d)	57,407		472,460
Orbitz Worldwide, Inc. (a)	57,753		246,028
Overstock.com, Inc. (a)(d)	32,352		375,930
PetMed Express, Inc.	45,901		580,648
Shutterfly, Inc. (a)	75,702		3,276,383
U.S. Auto Parts Network, Inc. (a)	28,450		37,270
ValueVision Media, Inc. Class A (a)(d)	73,905		193,631
Vitacost.com, Inc. (a)(d)	55,838		412,643
			51,973,270
Leisure Equipment & Products - 0.4%
Arctic Cat, Inc. (a)(d)	32,216		1,170,407
Black Diamond, Inc. (a)(d)	60,682		484,242
Brunswick Corp. (d)	226,186		8,242,218
Callaway Golf Co.	169,550		1,139,376
Escalade, Inc.	6,336		36,622
JAKKS Pacific, Inc. (d)	48,535		591,156
Johnson Outdoors, Inc. Class A (a)	11,512		263,395
Leapfrog Enterprises, Inc. Class A (a)(d)	119,221		1,021,724
Marine Products Corp.	22,297		149,836
Meade Instruments Corp. (a)	201		322
Nautilus, Inc. (a)	71,481		408,871
Polaris Industries, Inc.	161,373		14,099,159
Smith & Wesson Holding Corp. (a)(d)	163,613		1,562,504
Steinway Musical Instruments, Inc. (a)	17,768		399,069
Sturm, Ruger & Co., Inc. (d)	53,045		2,896,787
Summer Infant, Inc. (a)	37,416		75,954
			32,541,642
Media - 2.7%
A.H. Belo Corp. Class A	45,144		227,074
AMC Networks, Inc. Class A (a)	146,257		8,395,152
Arbitron, Inc.	64,979		3,043,616
Ballantyne of Omaha, Inc. (a)	47,765		172,432

	Shares		Value
Beasley Broadcast Group, Inc. Class A (d)	4,117		$ 21,491
Belo Corp. Series A	257,053		2,220,938
Carmike Cinemas, Inc. (a)	41,423		648,684
Central European Media Enterprises Ltd. Class A (a)(d)	83,990		439,268
Charter Communications, Inc. Class A (a)	114,400		9,883,016
Cinemark Holdings, Inc.	254,815		7,083,857
Clear Channel Outdoor Holding, Inc. Class A	93,060		707,256
Crown Media Holdings, Inc. Class A (a)(d)	89,832		172,477
Cumulus Media, Inc. Class A (a)(d)	145,433		475,566
Dex One Corp. (a)	104,262		185,586
Digital Cinema Destinations Co.	8,182		48,928
Digital Generation, Inc. (a)(d)	69,421		538,013
DISH Network Corp. Class A	580,877		20,214,520
DreamWorks Animation SKG, Inc. Class A (a)(d)	185,384		3,077,374
E.W. Scripps Co. Class A (a)	90,471		977,992
Emmis Communications Corp. Class A (a)	80,456		129,534
Entercom Communications Corp. Class A (a)(d)	52,600		395,026
Entravision Communication Corp. Class A	171,104		342,208
FAB Universal Corp. (a)(d)	15,525		54,338
Fisher Communications, Inc.	18,212		669,655
Gray Television, Inc. (a)	114,472		477,348
Harris Interactive, Inc. (a)	49,977		82,462
Harte-Hanks, Inc.	112,719		819,467
Insignia Systems, Inc. (a)(d)	22,896		44,189
John Wiley & Sons, Inc. Class A	127,316		4,657,219
Journal Communications, Inc. Class A (a)	87,795		480,239
Lamar Advertising Co. Class A (a)	145,198		6,713,956
Liberty Global, Inc. Class A (a)(d)	625,051		43,059,763
Liberty Media Corp. Class A (a)	284,004		30,672,432
LIN TV Corp. Class A (a)	76,893		874,273
Live Nation Entertainment, Inc. (a)	374,586		3,966,866
Martha Stewart Living Omnimedia, Inc. Class A (a)	61,948		159,206
Media General, Inc. Class A (a)(d)	50,209		245,522
Meredith Corp. (d)	89,189		3,747,722
Morningstar, Inc.	62,709		4,300,583
National CineMedia, Inc.	141,197		2,153,254
Navarre Corp. (a)	74,677		150,101
Nexstar Broadcasting Group, Inc. Class A	53,895		800,880
NTN Communications, Inc. (a)	49,847		10,971
Outdoor Channel Holdings, Inc.	45,301		338,398
Pandora Media, Inc. (a)(d)	246,406		3,006,153
Radio One, Inc. Class D (non-vtg.) (a)(d)	89,989		129,584
ReachLocal, Inc. (a)(d)	35,865		449,388
Reading International, Inc. Class A (a)	33,132		182,226
Regal Entertainment Group Class A (d)	219,584		3,440,881
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Media - continued
Rentrak Corp. (a)(d)	22,587		$ 472,068
RLJ Entertainment, Inc. (a)	42,349		167,279
Saga Communications, Inc. Class A	9,540		418,806
Salem Communications Corp. Class A	20,080		126,102
Scholastic Corp. (d)	68,051		2,048,335
Shutterstock, Inc.	11,144		363,294
Sinclair Broadcast Group, Inc. Class A	127,974		1,801,874
Sirius XM Radio, Inc. (d)	8,343,866		25,865,985
Spanish Broadcasting System, Inc. Class A (a)	17,489		43,897
SPAR Group, Inc. (a)	4,346		7,997
Starz - Liberty Capital Series A (a)	281,219		5,219,425
SuperMedia, Inc. (a)(d)	55,648		224,818
The Madison Square Garden Co. Class A (a)	154,191		8,622,361
The McClatchy Co. Class A (a)(d)	133,924		348,202
The New York Times Co. Class A (a)	312,545		3,022,310
Valassis Communications, Inc. (d)	103,593		2,847,772
Value Line, Inc.	1,396		13,443
World Wrestling Entertainment, Inc. Class A	81,907		682,285
			223,383,337
Multiline Retail - 0.3%
ALCO Stores, Inc. (a)(d)	8,410		66,691
Big Lots, Inc. (a)	144,800		4,821,840
Dillard's, Inc. Class A	83,865		6,682,363
Fred's, Inc. Class A (d)	107,249		1,455,369
Gordmans Stores, Inc. (a)	23,635		314,582
Saks, Inc. (a)(d)	251,611		2,868,365
Sears Holdings Corp. (a)(d)	91,998		4,139,910
The Bon-Ton Stores, Inc. (d)	31,972		343,060
Tuesday Morning Corp. (a)	98,488		876,543
			21,568,723
Specialty Retail - 3.3%
Aarons, Inc. Class A	180,314		4,920,769
Advance Auto Parts, Inc.	185,879		14,190,003
Aeropostale, Inc. (a)(d)	217,864		2,836,589
America's Car Mart, Inc. (a)	24,361		1,163,481
American Eagle Outfitters, Inc.	455,789		9,425,717
ANN, Inc. (a)	124,977		3,535,599
Appliance Recycling Centers of America, Inc. (a)	2,967		4,213
Asbury Automotive Group, Inc. (a)	76,736		2,590,607
Ascena Retail Group, Inc. (a)	321,579		5,399,311
Barnes & Noble, Inc. (a)(d)	96,172		1,513,747
bebe Stores, Inc.	123,042		487,246
Big 5 Sporting Goods Corp.	45,760		713,398
Body Central Corp. (a)	37,768		291,191
Books-A-Million, Inc. (a)(d)	28,953		70,645
Brown Shoe Co., Inc. (d)	105,571		1,731,364
Build-A-Bear Workshop, Inc. (a)	42,241		210,360

	Shares		Value
Cabela's, Inc. Class A (a)	118,130		$ 5,976,197
Cache, Inc. (a)(d)	37,741		162,286
Chico's FAS, Inc. (d)	415,690		7,058,416
Christopher & Banks Corp. (a)	115,035		695,962
Citi Trends, Inc. (a)	33,140		341,011
Coldwater Creek, Inc. (a)(d)	34,874		125,198
Conn's, Inc. (a)(d)	54,789		1,755,440
Destination Maternity Corp.	25,288		566,198
Destination XL Group, Inc. (a)	107,460		487,868
Dick's Sporting Goods, Inc.	245,359		12,267,950
Dover Saddlery, Inc. (a)	1,537		5,871
DSW, Inc. Class A	80,873		5,474,293
Express, Inc. (a)	220,196		4,073,626
Finish Line, Inc. Class A	125,201		2,267,390
Five Below, Inc. (d)	23,309		927,698
Foot Locker, Inc.	378,452		12,939,274
Francescas Holdings Corp. (a)(d)	85,644		2,179,640
Genesco, Inc. (a)	62,055		3,641,387
GNC Holdings, Inc.	195,746		8,025,586
Group 1 Automotive, Inc.	57,507		3,320,454
Guess?, Inc. (d)	149,730		4,146,024
Hastings Entertainment, Inc.	13,630		28,623
Haverty Furniture Companies, Inc.	46,862		859,918
hhgregg, Inc. (a)(d)	51,212		479,344
Hibbett Sports, Inc. (a)(d)	73,219		3,868,892
Hot Topic, Inc.	107,234		1,158,127
Jos. A. Bank Clothiers, Inc. (a)(d)	68,429		2,839,804
Kirkland's, Inc. (a)	44,730		520,657
Lithia Motors, Inc. Class A (sub. vtg.)	52,852		2,172,217
Lumber Liquidators Holdings, Inc. (a)(d)	67,415		3,990,294
MarineMax, Inc. (a)	54,407		704,571
Mattress Firm Holding Corp. (a)(d)	24,340		677,869
Monro Muffler Brake, Inc. (d)	74,466		2,758,965
New York & Co., Inc. (a)	66,787		287,852
Office Depot, Inc. (a)(d)	728,569		2,936,133
OfficeMax, Inc. (d)	212,989		2,549,478
Pacific Sunwear of California, Inc. (a)	152,515		323,332
Penske Automotive Group, Inc.	108,623		3,232,620
Perfumania Holdings, Inc. (a)	10,679		65,676
Pier 1 Imports, Inc.	278,323		6,253,918
RadioShack Corp. (d)	249,697		749,091
Rent-A-Center, Inc. (d)	153,385		5,564,808
Restoration Hardware Holdings, Inc. (d)	11,887		458,957
rue21, Inc. (a)	37,922		1,023,894
Sally Beauty Holdings, Inc. (a)	393,555		10,917,216
Sears Hometown & Outlet Stores, Inc. (a)	21,721		968,105
Select Comfort Corp. (a)(d)	140,605		2,886,621
Shoe Carnival, Inc.	42,345		822,763
Signet Jewelers Ltd. (d)	204,639		12,528,000
Sonic Automotive, Inc. Class A (sub. vtg.)	95,599		2,135,682
Stage Stores, Inc.	85,893		2,120,698
Stein Mart, Inc.	74,833		636,829
Systemax, Inc.	25,296		251,695
Tandy Leather Factory, Inc.	3,074		18,751
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
The Buckle, Inc. (d)	69,005		$ 3,092,114
The Cato Corp. Class A (sub. vtg.)	68,042		1,745,958
The Children's Place Retail Stores, Inc. (a)	66,414		3,019,180
The Men's Wearhouse, Inc.	121,263		3,409,916
The Pep Boys - Manny, Moe & Jack (a)(d)	127,903		1,423,560
Tile Shop Holdings, Inc. (a)(d)	80,742		1,423,481
Tilly's, Inc. (a)	23,212		308,255
Tractor Supply Co.	178,449		18,556,912
Trans World Entertainment Corp.	29,120		110,365
Ulta Salon, Cosmetics & Fragrance, Inc.	149,883		13,273,638
Vitamin Shoppe, Inc. (a)(d)	76,522		4,021,231
West Marine, Inc. (a)	30,261		378,565
Wet Seal, Inc. Class A (a)	251,975		740,807
Williams-Sonoma, Inc.	225,006		10,215,272
Winmark Corp.	5,172		319,733
Zale Corp. (a)	86,417		339,619
Zumiez, Inc. (a)(d)	62,820		1,438,578
			266,130,593
Textiles, Apparel & Luxury Goods - 1.2%
American Apparel, Inc. (a)(d)	88,306		117,447
Carter's, Inc. (a)	124,214		7,006,912
Charles & Colvard Ltd. (a)	24,954		88,836
Cherokee, Inc.	28,809		402,462
Columbia Sportswear Co. (d)	45,436		2,523,061
Crocs, Inc. (a)	232,029		3,517,560
Crown Crafts, Inc.	2,227		13,028
Culp, Inc.	19,568		307,413
Deckers Outdoor Corp. (a)(d)	88,109		3,554,317
Delta Apparel, Inc. (a)	17,128		280,728
DGSE Companies, Inc. (a)	6,929		42,267
Fifth & Pacific Companies, Inc. (a)(d)	283,485		5,128,244
Forward Industries, Inc. (NY Shares) (a)	18,823		36,893
G-III Apparel Group Ltd. (a)(d)	43,174		1,575,851
Hanesbrands, Inc. (a)	241,533		9,574,368
Iconix Brand Group, Inc. (a)(d)	168,100		3,970,522
Joe's Jeans, Inc. (a)	112,776		156,759
K-Swiss, Inc. Class A (a)(d)	60,461		284,771
Lakeland Industries, Inc. (a)	25,549		124,935
Maidenform Brands, Inc. (a)	78,925		1,514,571
Michael Kors Holdings Ltd. (a)	298,548		17,697,925
Movado Group, Inc.	44,549		1,605,546
Oxford Industries, Inc.	39,771		1,933,268
Perry Ellis International, Inc.	47,883		776,662
Quiksilver, Inc. (a)	310,754		1,942,213
R.G. Barry Corp.	22,932		282,981
Rocky Brands, Inc. (a)	16,536		228,528
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)	99,983		2,089,645
Steven Madden Ltd. (a)	105,647		4,657,976
Superior Uniform Group, Inc.	5,649		65,811

	Shares		Value
Tandy Brands Accessories, Inc. (a)	1,058		$ 751
The Jones Group, Inc.	206,755		2,385,953
True Religion Apparel, Inc.	71,106		1,897,819
Tumi Holdings, Inc. (d)	48,911		1,156,256
Under Armour, Inc. Class A (sub. vtg.) (a)(d)	195,728		9,645,476
Unifi, Inc. (a)	45,178		707,487
Vera Bradley, Inc. (a)(d)	51,675		1,302,210
Wolverine World Wide, Inc. (d)	122,733		5,179,333
			93,776,785
TOTAL CONSUMER DISCRETIONARY			1,250,409,959
CONSUMER STAPLES - 3.2%
Beverages - 0.1%
Boston Beer Co., Inc. Class A (a)(d)	22,500		3,497,175
Central European Distribution Corp. (a)(d)	176,985		128,031
Coca-Cola Bottling Co. CONSOLIDATED	11,601		759,053
Craft Brew Alliance, Inc. (a)	22,005		145,453
Crystal Rock Holdings, Inc. (a)	4,384		4,472
MGP Ingredients, Inc.	21,690		89,797
National Beverage Corp.	48,005		642,307
Primo Water Corp. (a)(d)	43,402		44,270
REED'S, Inc. (a)(d)	9,804		40,294
			5,350,852
Food & Staples Retailing - 0.5%
Andersons, Inc.	43,673		2,143,471
Arden Group, Inc. Class A	3,147		286,755
Casey's General Stores, Inc. (d)	98,334		5,564,721
Chefs' Warehouse Holdings (a)	27,477		494,586
Crumbs Bake Shop, Inc. (a)(d)	21,400		54,570
Fresh Market, Inc. (a)	104,472		4,870,485
Harris Teeter Supermarkets, Inc.	124,584		5,357,112
Ingles Markets, Inc. Class A	32,319		664,479
Nash-Finch Co.	43,985		843,192
Natural Grocers by Vitamin Cottage, Inc. (d)	17,265		357,386
PriceSmart, Inc. (d)	45,845		3,399,407
Rite Aid Corp. (a)(d)	1,841,116		3,019,430
Roundy's, Inc. (d)	76,810		440,121
Spartan Stores, Inc.	52,974		882,547
SUPERVALU, Inc. (d)	545,406		2,165,262
Susser Holdings Corp. (a)	47,862		2,119,329
The Pantry, Inc. (a)	53,093		660,477
United Natural Foods, Inc. (a)	123,597		6,256,480
Village Super Market, Inc. Class A	10,961		358,973
Weis Markets, Inc.	33,559		1,357,797
			41,296,580
Food Products - 1.7%
Alico, Inc.	8,218		352,141
Annie's, Inc. (d)	27,540		1,155,578
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Food Products - continued
B&G Foods, Inc. Class A	132,996		$ 3,910,082
Boulder Brands, Inc. (a)(d)	166,496		1,418,546
Bunge Ltd. (d)	370,553		27,461,683
Cal-Maine Foods, Inc.	32,565		1,318,557
Calavo Growers, Inc. (d)	37,834		1,065,027
Chiquita Brands International, Inc. (a)	107,864		669,835
Coffee Holding Co., Inc.	4,500		33,075
Darling International, Inc. (a)	302,429		5,047,540
Diamond Foods, Inc. (d)	58,739		912,217
Dole Food Co., Inc. (a)(d)	97,530		1,092,336
Farmer Brothers Co. (a)	16,489		209,245
Flowers Foods, Inc.	301,999		8,510,332
Fresh Del Monte Produce, Inc.	108,218		2,823,408
Golden Enterprises Ltd.	2,595		8,615
Green Mountain Coffee Roasters, Inc. (a)(d)	314,504		15,020,711
Griffin Land & Nurseries, Inc.	6,082		177,473
Hain Celestial Group, Inc. (a)(d)	112,553		6,162,277
Hillshire Brands Co.	302,402		9,797,825
Ingredion, Inc.	192,887		12,769,119
Inventure Foods, Inc. (a)	25,815		190,515
J&J Snack Foods Corp.	32,646		2,259,756
John B. Sanfilippo & Son, Inc.	24,690		470,591
Lancaster Colony Corp.	51,289		3,752,816
Lifeway Foods, Inc. (d)	13,382		155,900
Limoneira Co.	16,924		333,572
Omega Protein Corp. (a)	45,997		380,855
Overhill Farms, Inc. (a)	28,537		117,002
Pilgrims Pride Corp. (a)	158,457		1,396,006
Post Holdings, Inc. (a)	78,241		3,024,797
Rocky Mountain Chocolate Factory, Inc.	795		9,763
S&W Seed Co. (a)	7,560		67,208
Sanderson Farms, Inc.	53,062		2,691,835
Seneca Foods Corp. Class A (a)	22,104		674,614
Smithfield Foods, Inc. (a)	355,784		7,912,636
Snyders-Lance, Inc.	136,755		3,386,054
Tootsie Roll Industries, Inc. (d)	71,986		2,021,367
TreeHouse Foods, Inc. (a)	92,107		5,378,128
WhiteWave Foods Co. (d)	56,182		878,686
			135,017,723
Household Products - 0.5%
Central Garden & Pet Co. Class A (non-vtg.) (a)	119,241		1,040,974
Church & Dwight Co., Inc.	347,127		21,507,989
Energizer Holdings, Inc.	156,638		14,399,731
Harbinger Group, Inc. (a)	49,662		425,603
Ocean Bio-Chem, Inc. (a)	20,307		49,752
Oil-Dri Corp. of America	15,023		413,433
Orchids Paper Products Co.	28,220		618,582

	Shares		Value
Spectrum Brands Holdings, Inc.	58,470		$ 3,162,642
WD-40 Co.	45,270		2,454,087
			44,072,793
Personal Products - 0.3%
CCA Industries, Inc.	3,083		13,164
Cyanotech Corp. (a)	3,808		16,755
Elizabeth Arden, Inc. (a)	63,196		2,458,324
Herbalife Ltd. (d)	275,536		11,101,345
Inter Parfums, Inc.	38,625		967,943
LifeVantage Corp. (a)(d)	307,054		776,847
Mannatech, Inc. (a)	1,576		9,062
MediFast, Inc. (a)(d)	33,601		778,871
Natural Alternatives International, Inc. (a)	20,104		97,102
Nature's Sunshine Products, Inc. (d)	23,769		343,700
Nu Skin Enterprises, Inc. Class A (d)	135,340		5,576,008
Nutraceutical International Corp.	24,021		393,704
Prestige Brands Holdings, Inc. (a)(d)	128,511		3,057,277
Reliv International, Inc.	10,690		12,614
Revlon, Inc. (a)	42,260		952,963
Star Scientific, Inc. (a)(d)	300,350		531,620
The Female Health Co.	51,052		362,469
United-Guardian, Inc.	5,269		103,272
USANA Health Sciences, Inc. (a)(d)	28,896		1,279,804
			28,832,844
Tobacco - 0.1%
Alliance One International, Inc. (a)(d)	300,348		1,120,298
Universal Corp. (d)	61,283		3,418,979
Vector Group Ltd.	134,227		2,154,343
			6,693,620
TOTAL CONSUMER STAPLES			261,264,412
ENERGY - 6.6%
Energy Equipment & Services - 2.9%
Atwood Oceanics, Inc. (a)	142,145		7,270,717
Basic Energy Services, Inc. (a)(d)	97,645		1,428,546
Bolt Technology Corp.	26,764		417,518
Bristow Group, Inc.	92,236		5,373,669
C&J Energy Services, Inc. (a)(d)	106,271		2,571,758
Cal Dive International, Inc. (a)(d)	284,336		514,648
Carbo Ceramics, Inc. (d)	48,910		4,441,028
Dawson Geophysical Co. (a)	20,415		630,824
Dresser-Rand Group, Inc. (a)	191,531		11,809,801
Dril-Quip, Inc. (a)	92,209		7,582,346
ENGlobal Corp. (a)	44,577		25,855
Era Group, Inc. (a)(d)	52,976		1,069,585
Exterran Holdings, Inc. (a)(d)	177,122		4,468,788
Forbes Energy Services Ltd. (a)	18,498		57,344
Forum Energy Technologies, Inc. (d)	43,209		1,152,816
Geospace Technologies Corp. (a)	32,986		3,210,198
Global Geophysical Services, Inc. (a)	59,223		138,582
GreenHunter Energy, Inc.	33,031		54,831
Gulf Island Fabrication, Inc.	36,952		879,827
Common Stocks - continued
	Shares		Value
ENERGY - continued
Energy Equipment & Services - continued
Gulfmark Offshore, Inc. Class A	60,904		$ 2,175,491
Helix Energy Solutions Group, Inc. (a)	244,902		5,733,156
Hercules Offshore, Inc. (a)	391,716		2,655,834
Hornbeck Offshore Services, Inc. (a)	78,367		3,330,598
ION Geophysical Corp. (a)(d)	301,102		1,999,317
Key Energy Services, Inc. (a)	409,435		3,512,952
Lufkin Industries, Inc.	85,656		5,548,796
Matrix Service Co. (a)	80,487		1,252,378
McDermott International, Inc. (a)	591,370		7,522,226
Mitcham Industries, Inc. (a)(d)	24,562		377,027
Natural Gas Services Group, Inc. (a)	25,396		443,414
Newpark Resources, Inc. (a)(d)	229,137		2,018,697
Oceaneering International, Inc.	271,671		17,275,559
Oil States International, Inc. (a)	137,492		10,470,016
Parker Drilling Co. (a)	300,835		1,431,975
Patterson-UTI Energy, Inc.	373,102		8,708,201
PHI, Inc. (non-vtg.) (a)(d)	30,743		969,942
Pioneer Energy Services Corp. (a)(d)	162,463		1,418,302
RigNet, Inc. (a)	21,464		421,124
RPC, Inc. (d)	172,703		2,794,335
SEACOR Holdings, Inc.	52,976		3,680,772
Superior Energy Services, Inc. (a)	396,916		10,498,428
Tesco Corp. (a)	79,469		1,010,051
TETRA Technologies, Inc. (a)(d)	232,603		2,146,926
TGC Industries, Inc.	33,924		324,653
Tidewater, Inc.	131,475		6,222,712
Transocean Ltd. (United States)	917,192		47,969,142
Unit Corp. (a)	116,878		5,315,611
Weatherford International Ltd. (a)	1,925,162		22,870,925
Willbros Group, Inc. (a)	121,921		822,967
			234,020,208
Oil, Gas & Consumable Fuels - 3.7%
Abraxas Petroleum Corp. (a)(d)	199,696		409,377
Adams Resources & Energy, Inc.	9,909		394,477
Alon USA Energy, Inc.	31,382		611,635
Alpha Natural Resources, Inc. (a)(d)	563,413		4,496,036
Amyris, Inc. (a)(d)	87,431		256,173
APCO Oil and Gas International, Inc.	35,459		471,605
Approach Resources, Inc. (a)(d)	79,168		1,959,408
Arch Coal, Inc.	541,228		2,830,622
Barnwell Industries, Inc. (a)	11,298		37,622
Berry Petroleum Co. Class A	117,462		5,376,236
Bill Barrett Corp. (a)(d)	119,719		2,160,928
BioFuel Energy Corp. (a)(d)	12,280		62,014
Bonanza Creek Energy, Inc. (a)	58,252		1,970,665
BPZ Energy, Inc. (a)(d)	231,220		568,801
Callon Petroleum Co. (a)(d)	102,790		554,038
Carrizo Oil & Gas, Inc. (a)(d)	88,923		2,088,801
Ceres, Inc.	5,147		20,639
Cheniere Energy, Inc. (a)	562,001		11,970,621
Cimarex Energy Co.	218,261		14,691,148

	Shares		Value
Clayton Williams Energy, Inc. (a)	25,327		$ 1,005,482
Clean Energy Fuels Corp. (a)(d)	162,673		2,046,426
Cloud Peak Energy, Inc. (a)(d)	159,111		2,727,163
Cobalt International Energy, Inc. (a)(d)	446,399		11,012,663
Comstock Resources, Inc. (a)(d)	114,751		1,620,284
Concho Resources, Inc. (a)	263,596		23,713,096
Contango Oil & Gas Co.	35,742		1,385,360
Continental Resources, Inc. (a)(d)	144,329		12,700,952
Crimson Exploration, Inc. (a)	84,713		273,623
Crosstex Energy, Inc.	142,544		2,376,208
Cubic Energy, Inc. (a)(d)	119,177		26,493
CVR Energy, Inc.	38,340		2,153,941
Delek US Holdings, Inc.	42,880		1,601,997
DHT Holdings, Inc.	11,700		50,310
Diamondback Energy, Inc. (d)	38,063		864,411
Double Eagle Petroleum Co. (a)	27,291		128,541
Earthstone Energy, Inc. (a)(d)	4,213		69,304
Emerald Oil, Inc. (a)	48,770		336,513
Endeavour International Corp. (a)(d)	95,560		241,767
Energen Corp.	188,178		8,701,351
EPL Oil & Gas, Inc. (a)	91,044		2,342,562
Evolution Petroleum Corp. (a)	37,375		383,094
EXCO Resources, Inc. (d)	395,728		2,627,634
FieldPoint Petroleum Corp. (a)	9,981		40,623
FieldPoint Petroleum Corp. warrants 3/23/18 (a)	9,981		8,137
Forest Oil Corp. (a)	278,186		1,613,479
FX Energy, Inc. (a)	112,401		396,776
Gasco Energy, Inc. (a)	467,214		27,098
Gastar Exploration Ltd. (a)	112,646		129,543
Gevo, Inc. (a)(d)	47,994		95,028
GMX Resources, Inc. (a)(d)	15,240		36,728
Goodrich Petroleum Corp. (a)(d)	60,895		784,937
Green Plains Renewable Energy, Inc. (a)(d)	73,502		696,064
Gulfport Energy Corp. (a)	169,441		6,938,609
Halcon Resources Corp. (a)(d)	288,868		2,050,963
Hallador Energy Co.	5,608		45,537
Harvest Natural Resources, Inc. (a)(d)	96,350		521,254
HollyFrontier Corp.	515,913		28,994,311
Houston American Energy Corp. (a)(d)	98,796		22,723
Hyperdynamics Corp. (a)(d)	455,532		236,922
Isramco, Inc. (a)(d)	2,413		238,115
James River Coal Co. (a)(d)	81,117		214,960
KiOR, Inc. Class A (a)(d)	28,186		155,305
Kodiak Oil & Gas Corp. (a)(d)	642,473		5,718,010
Laredo Petroleum Holdings, Inc. (a)(d)	62,382		1,069,227
Lucas Energy, Inc. (a)(d)	25,312		32,399
Magellan Petroleum Corp. (a)	109,622		119,488
Magnum Hunter Resources Corp. (a)(d)	378,880		1,466,266
Magnum Hunter Resources Corp. warrants 10/14/13 (a)(d)	19,383		2,520
Matador Resources Co. (d)	94,182		735,561
McMoRan Exploration Co. (a)(d)	277,068		4,458,024
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Mexco Energy Corp. (a)	2,175		$ 11,789
Midstates Petroleum Co., Inc.	73,408		547,624
Miller Energy Resources, Inc. (a)(d)	137,671		539,670
Northern Oil & Gas, Inc. (a)(d)	167,032		2,290,009
Oasis Petroleum, Inc. (a)(d)	176,586		6,480,706
Pacific Ethanol, Inc. (a)(d)	346,705		133,481
Panhandle Royalty Co. Class A	15,804		430,501
PBF Energy, Inc. Class A	60,771		2,537,189
PDC Energy, Inc. (a)	74,456		3,472,628
Penn Virginia Corp.	140,473		571,725
Petroquest Energy, Inc. (a)	165,233		634,495
Plains Exploration & Production Co. (a)	328,370		14,898,147
PostRock Energy Corp. (a)	17,510		36,246
PrimeEnergy Corp. (a)	1,965		53,979
Pyramid Oil Co. (a)	7,060		29,723
Quicksilver Resources, Inc. (a)(d)	274,950		511,407
Recovery Energy, Inc. (a)(d)	5,111		9,455
Renewable Energy Group, Inc. (a)	39,459		291,602
Rentech, Inc.	686,373		1,873,798
Resolute Energy Corp. (a)	183,571		1,868,753
Rex American Resources Corp. (a)	16,822		388,588
Rex Energy Corp. (a)(d)	105,157		1,417,516
Rosetta Resources, Inc. (a)	129,652		6,311,459
Royale Energy, Inc. (a)(d)	11,555		28,079
Sanchez Energy Corp. (a)(d)	28,101		520,150
SandRidge Energy, Inc. (a)(d)	952,892		5,431,484
Saratoga Resources, Inc. (a)	25,695		77,342
SemGroup Corp. Class A (a)	103,499		4,770,269
SM Energy Co.	168,229		9,737,095
Solazyme, Inc. (a)(d)	103,823		906,375
Stone Energy Corp. (a)	126,417		2,585,228
Swift Energy Co. (a)	108,758		1,470,408
Synergy Resources Corp. (a)	110,813		734,690
Syntroleum Corp. (a)(d)	166,427		75,724
Targa Resources Corp.	89,113		5,435,893
Teekay Corp.	95,965		3,329,986
Tengasco, Inc. (a)	63,216		42,323
Ultra Petroleum Corp. (a)(d)	389,054		6,637,261
Uranium Energy Corp. (a)(d)	202,850		468,584
Uranium Resources, Inc. (a)(d)	18,657		50,374
US Energy Corp. (a)	91,127		159,472
USEC, Inc. (a)(d)	388,801		186,624
VAALCO Energy, Inc. (a)(d)	143,600		1,164,596
Verenium Corp. (a)(d)	32,819		80,078
W&T Offshore, Inc. (d)	102,777		1,527,266
Warren Resources, Inc. (a)	175,353		459,425
Western Refining, Inc. (d)	142,982		5,131,624
Westmoreland Coal Co. (a)(d)	24,842		260,841
Whiting Petroleum Corp. (a)	298,141		14,519,467
World Fuel Services Corp.	182,117		6,925,910

	Shares		Value
ZaZa Energy Corp. (a)(d)	66,207		$ 105,269
Zion Oil & Gas, Inc. (a)(d)	112,487		134,984
			304,465,939
TOTAL ENERGY			538,486,147
FINANCIALS - 22.8%
Capital Markets - 1.6%
Affiliated Managers Group, Inc. (a)	127,332		18,619,758
Arlington Asset Investment Corp.	26,330		679,314
Artio Global Investors, Inc. Class A	122,626		333,543
BGC Partners, Inc. Class A	255,991		1,093,082
Calamos Asset Management, Inc. Class A	47,935		535,913
CIFI Corp. (a)	13,714		116,020
Cohen & Steers, Inc. (d)	46,427		1,530,698
Cowen Group, Inc. Class A (a)	250,464		653,711
Diamond Hill Investment Group, Inc.	6,707		503,159
Duff & Phelps Corp. Class A	67,634		1,051,032
Eaton Vance Corp. (non-vtg.) (d)	287,882		10,994,214
Epoch Holding Corp.	41,730		1,166,354
Evercore Partners, Inc. Class A	66,506		2,706,794
FBR Capital Markets Corp. (a)	35,461		626,241
Federated Investors, Inc. Class B (non-vtg.) (d)	237,860		5,523,109
Financial Engines, Inc. (d)	120,148		3,926,437
FirstCity Financial Corp. (a)	16,400		161,376
FXCM, Inc. Class A (d)	59,081		776,915
GAMCO Investors, Inc. Class A	14,987		801,805
GFI Group, Inc.	188,467		661,519
Gleacher & Co., Inc. (a)	185,336		108,792
Greenhill & Co., Inc.	65,068		3,954,833
HFF, Inc.	86,273		1,583,972
ICG Group, Inc. (a)	113,828		1,483,179
Institutional Financial Markets, Inc.	16,813		46,236
INTL FCStone, Inc. (a)(d)	36,432		649,947
Investment Technology Group, Inc. (a)	111,776		1,353,607
Janus Capital Group, Inc. (d)	466,069		4,315,799
JMP Group, Inc.	44,707		266,007
Knight Capital Group, Inc. Class A (a)	218,742		809,345
Ladenburg Thalmann Financial Services, Inc. (a)(d)	282,944		367,827
LPL Financial	108,618		3,424,726
Manning & Napier, Inc.	28,565		426,761
Medallion Financial Corp.	52,498		682,474
Oppenheimer Holdings, Inc. Class A (non-vtg.)	32,675		617,558
Piper Jaffray Companies (a)	44,362		1,711,042
Pzena Investment Management, Inc.	13,002		81,783
Raymond James Financial, Inc.	278,271		12,210,531
Safeguard Scientifics, Inc. (a)	52,134		789,309
SEI Investments Co.	345,205		9,758,945
Stifel Financial Corp. (a)(d)	146,990		5,077,035
SWS Group, Inc. (a)	80,179		513,947
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Capital Markets - continued
TD Ameritrade Holding Corp.	575,266		$ 10,935,807
Teton Advisors, Inc. (a)	145		2,755
U.S. Global Investments, Inc. Class A	36,632		139,202
Virtus Investment Partners, Inc. (a)	15,774		2,650,190
Waddell & Reed Financial, Inc. Class A	213,366		8,752,273
Walter Investment Management Corp. (a)	88,099		4,045,506
Westwood Holdings Group, Inc.	13,202		545,903
WisdomTree Investments, Inc. (a)	144,563		1,315,523
			131,081,808
Commercial Banks - 4.4%
1st Source Corp.	36,261		854,309
1st United Bancorp, Inc.	67,638		411,239
Access National Corp.	15,817		251,648
ACNB Corp.	11,654		192,990
Alliance Financial Corp.	11,655		518,065
Ameriana Bancorp	2,223		19,340
American National Bankshares, Inc.	18,331		370,836
American River Bankshares (a)	3,552		26,249
Ameris Bancorp (a)(d)	51,389		713,279
AmeriServ Financial, Inc. (a)	14,728		43,595
Ames National Corp.	16,110		333,477
Arrow Financial Corp. (d)	30,885		748,652
Associated Banc-Corp.	434,355		6,250,368
Auburn National Bancorp., Inc.	2,289		49,328
BancFirst Corp.	20,263		811,331
Bancorp, Inc., Delaware (a)	83,875		1,071,084
BancorpSouth, Inc.	226,260		3,461,778
Bank of Hawaii Corp.	113,009		5,468,506
Bank of Kentucky Financial Corp.	10,625		283,900
Bank of Marin Bancorp	13,108		492,730
Bank of the Ozarks, Inc.	76,156		2,923,629
BankUnited, Inc.	120,706		3,423,222
Banner Bank	46,766		1,389,418
Bar Harbor Bankshares	9,461		337,285
BBCN Bancorp, Inc.	204,648		2,533,542
BCB Bancorp, Inc. (d)	9,297		89,065
Berkshire Bancorp, Inc.	4,024		32,514
BNC Bancorp (d)	53,487		474,965
BOK Financial Corp.	75,755		4,502,120
Boston Private Financial Holdings, Inc.	194,595		1,776,652
Bridge Bancorp, Inc.	17,303		364,401
Bridge Capital Holdings (a)(d)	18,425		280,429
Bryn Mawr Bank Corp.	22,784		522,665
BSB Bancorp, Inc. (a)	19,579		258,443
C & F Financial Corp.	4,436		177,218
Camden National Corp.	16,328		553,356
Capital Bank Financial Corp.:
rights (a)	10,774		0
Series A	31,264		578,384
Capital City Bank Group, Inc. (a)(d)	33,531		383,930
CapitalSource, Inc.	542,964		4,886,676

	Shares		Value
Cardinal Financial Corp.	76,699		$ 1,221,815
Cascade Bancorp (a)(d)	30,976		186,785
Cathay General Bancorp	187,984		3,663,808
Center Bancorp, Inc.	24,871		308,400
Centerstate Banks of Florida, Inc.	66,005		559,062
Central Pacific Financial Corp. (a)	62,658		970,572
Century Bancorp, Inc. Class A (non-vtg.)	7,814		257,862
Chemical Financial Corp.	64,828		1,587,638
CIT Group, Inc. (a)	510,977		21,389,497
Citizens & Northern Corp.	30,086		586,677
Citizens Holding Co.	2,280		42,978
Citizens Republic Bancorp, Inc. (a)	109,418		2,254,011
City Holding Co. (d)	37,157		1,408,993
City National Corp. (d)	121,008		6,874,464
CNB Financial Corp., Pennsylvania	24,450		411,983
CoBiz, Inc.	133,405		1,105,927
Colony Bankcorp, Inc. (a)	4,518		24,216
Columbia Banking Systems, Inc.	105,592		2,111,840
Commerce Bancshares, Inc.	225,326		8,582,667
Community Bank System, Inc.	114,684		3,310,927
Community Partners Bancorp (a)	1,393		9,041
Community Trust Bancorp, Inc.	35,364		1,206,973
Crescent Financial Bancshares, Inc. (a)(d)	5,656		23,472
CU Bancorp (a)	16,798		206,615
Cullen/Frost Bankers, Inc.	156,785		9,494,900
CVB Financial Corp.	241,074		2,555,384
Eagle Bancorp, Inc., Maryland (a)(d)	47,604		1,033,007
East West Bancorp, Inc.	360,287		8,863,060
Eastern Virginia Bankshares, Inc. (a)	3,012		20,150
Enterprise Bancorp, Inc.	14,913		236,968
Enterprise Financial Services Corp.	42,722		597,254
Farmers Capital Bank Corp. (a)	9,906		164,935
Farmers National Banc Corp.	41,229		257,681
Fidelity Southern Corp.	15,121		167,843
Financial Institutions, Inc.	28,782		573,625
First Bancorp, North Carolina	37,879		505,306
First Bancorp, Puerto Rico (a)(d)	186,883		1,022,250
First Busey Corp.	193,866		872,397
First California Financial Group, Inc. (a)	58,547		470,718
First Citizen Bancshares, Inc.	16,304		2,927,383
First Commonwealth Financial Corp.	257,750		1,873,843
First Community Bancshares, Inc.	36,337		567,584
First Connecticut Bancorp, Inc.	29,557		422,961
First Financial Bancorp, Ohio	145,167		2,225,410
First Financial Bankshares, Inc. (d)	91,048		4,060,741
First Financial Corp., Indiana	28,823		886,307
First Financial Service Corp. (a)	745		2,391
First Interstate Bancsystem, Inc.	45,208		825,950
First M&F Corp.	16,637		228,093
First Merchants Corp.	61,527		914,906
First Midwest Bancorp, Inc., Delaware	197,088		2,463,600
First Niagara Financial Group, Inc.	919,163		7,518,753
First of Long Island Corp.	17,771		507,717
First Republic Bank	180,988		6,597,013
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
First Security Group, Inc. (a)(d)	1,070		$ 3,167
First South Bancorp, Inc., Virginia (a)	39,689		255,994
First United Corp. (a)	14,602		117,108
Firstbank Corp., Michigan	8,342		106,861
FirstMerit Corp. (d)	283,408		4,285,129
FNB Corp., Pennsylvania	351,107		3,988,576
FNB United Corp. (a)(d)	21,639		219,852
Fulton Financial Corp. (d)	517,887		5,878,017
German American Bancorp, Inc.	31,184		678,564
Glacier Bancorp, Inc.	185,261		3,230,952
Great Southern Bancorp, Inc.	21,585		518,256
Guaranty Bancorp (a)	135,393		273,494
Hampton Roads Bankshares, Inc. (a)(d)	275,254		363,335
Hancock Holding Co.	222,176		6,709,715
Hanmi Financial Corp. (a)	83,202		1,413,602
Hawthorn Bancshares, Inc.	6,721		68,218
Heartland Financial USA, Inc.	33,115		779,527
Heritage Commerce Corp. (a)	57,846		391,039
Heritage Financial Corp., Washington	35,332		489,348
Heritage Oaks Bancorp (a)	40,793		229,257
Home Bancshares, Inc.	63,686		2,155,771
HomeTrust Bancshares, Inc.	50,414		778,896
Horizon Bancorp Industries	16,035		325,190
Hudson Valley Holding Corp.	41,056		623,230
IBERIABANK Corp.	79,678		3,999,836
Independent Bank Corp. (a)	22,677		134,021
Independent Bank Corp., Massachusetts (d)	56,913		1,803,573
International Bancshares Corp.	140,193		2,838,908
Intervest Bancshares Corp. Class A (a)	36,027		195,627
Investors Bancorp, Inc.	127,475		2,252,483
Lakeland Bancorp, Inc.	63,849		613,589
Lakeland Financial Corp.	39,911		986,600
Macatawa Bank Corp. (a)(d)	64,065		313,278
MainSource Financial Group, Inc.	47,324		662,536
MB Financial, Inc.	138,719		3,289,027
MBT Financial Corp. (a)(d)	11,242		40,808
Mercantile Bank Corp.	19,339		322,188
Merchants Bancshares, Inc.	14,012		404,106
Metro Bancorp, Inc. (a)	42,825		713,036
Metrocorp Bancshares, Inc. (a)	35,019		362,096
Middleburg Financial Corp.	14,592		298,260
Midsouth Bancorp, Inc.	24,320		371,366
MidWestOne Financial Group, Inc.	16,620		381,928
Monarch Financial Holdings, Inc.	10,098		102,495
National Bank Holdings Corp.	22,033		398,577
National Bankshares, Inc. (d)	16,169		545,542
National Penn Bancshares, Inc.	324,982		3,184,824
NBT Bancorp, Inc.	110,024		2,251,091
NewBridge Bancorp (a)	34,468		202,672
North Valley Bancorp (a)	6,149		104,349

	Shares		Value
Northeast Bancorp (d)	15,002		$ 150,020
Northrim Bancorp, Inc.	12,118		263,445
Norwood Financial Corp.	2,777		85,948
OBA Financial Services, Inc. (a)	5,103		94,967
Ohio Valley Banc Corp.	7,485		140,344
Old National Bancorp, Indiana	271,566		3,666,141
Old Second Bancorp, Inc. (a)(d)	34,774		118,232
OmniAmerican Bancorp, Inc. (a)	23,607		615,198
Oriental Financial Group, Inc. (d)	124,525		1,906,478
Orrstown Financial Services, Inc. (a)	18,291		258,818
Pacific Continental Corp.	43,214		459,365
Pacific Mercantile Bancorp (a)	19,877		118,467
Pacific Premier Bancorp, Inc. (a)	30,836		369,107
PacWest Bancorp	89,269		2,439,722
Park National Corp. (d)	38,738		2,555,933
Park Sterling Corp. (a)	124,780		708,750
Patriot National Bancorp, Inc. (a)	14,022		21,313
Peapack-Gladstone Financial Corp.	17,211		253,518
Penns Woods Bancorp, Inc.	10,096		408,585
Peoples Bancorp of North Carolina	1,842		19,802
Peoples Bancorp, Inc.	20,106		435,697
Peoples Financial Corp., Mississippi	7,232		86,929
Pinnacle Financial Partners, Inc. (a)(d)	92,448		2,007,046
Popular, Inc. (a)	263,052		7,344,412
Porter Bancorp, Inc. (a)	3,733		3,696
Preferred Bank, Los Angeles (a)	20,724		334,071
Premier Financial Bancorp, Inc.	6,092		70,972
PremierWest Bancorp (a)(d)	17,140		27,767
PrivateBancorp, Inc.	171,662		3,074,466
Prosperity Bancshares, Inc.	114,624		5,288,751
QCR Holdings, Inc.	6,005		98,122
Renasant Corp.	64,084		1,410,489
Republic Bancorp, Inc., Kentucky Class A	25,708		556,321
Republic First Bancorp, Inc. (a)	44,636		116,500
Royal Bancshares of Pennsylvania, Inc. Class A (a)	6,704		9,587
Rurban Financial Corp.	532		4,522
S&T Bancorp, Inc.	77,320		1,396,399
S.Y. Bancorp, Inc.	30,337		687,133
Sandy Spring Bancorp, Inc.	57,184		1,107,082
SCBT Financial Corp. (d)	40,684		1,937,372
Seacoast Banking Corp., Florida (a)	235,806		485,760
Shore Bancshares, Inc.	20,686		138,182
Sierra Bancorp	31,765		402,145
Signature Bank (a)(d)	120,591		8,956,294
Simmons First National Corp. Class A	36,954		929,024
Southern National Bancorp of Virginia, Inc.	12,282		116,065
Southside Bancshares, Inc. (d)	40,257		860,292
Southwest Bancorp, Inc., Oklahoma (a)	44,454		577,457
State Bank Financial Corp.	77,039		1,224,920
StellarOne Corp.	55,996		861,778
Sterling Bancorp, New York	87,827		893,201
Sterling Financial Corp.	93,198		1,973,934
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
Suffolk Bancorp (a)	25,339		$ 356,773
Summit Financial Group, Inc. (a)	1,800		12,240
Sun Bancorp, Inc., New Jersey (a)	136,043		489,755
Susquehanna Bancshares, Inc.	475,630		5,531,577
SVB Financial Group (a)	112,421		7,538,952
Synovus Financial Corp.	2,047,475		5,200,587
Taylor Capital Group, Inc. (a)	36,427		602,138
TCF Financial Corp. (d)	430,037		5,908,708
Texas Capital Bancshares, Inc. (a)(d)	102,751		4,342,257
The First Bancorp, Inc.	21,478		372,214
Tompkins Financial Corp.	33,792		1,400,003
TowneBank (d)	71,193		1,035,146
Trico Bancshares	35,094		598,353
Trustmark Corp.	173,638		3,976,310
UMB Financial Corp.	90,172		4,110,941
Umpqua Holdings Corp.	308,713		3,874,348
Union Bankshares, Inc.	388		7,962
Union/First Market Bankshares Corp.	55,751		1,011,881
United Bancorp, Inc.	370		2,409
United Bankshares, Inc., West Virginia (d)	132,968		3,457,168
United Community Banks, Inc., Georgia (a)	127,900		1,377,483
United Security Bancshares, Inc. (a)	8,545		64,344
United Security Bancshares, California (d)	7,488		28,604
Univest Corp. of Pennsylvania	38,304		635,463
Valley National Bancorp (d)	489,100		4,905,673
Virginia Commerce Bancorp, Inc. (a)	67,965		921,605
Washington Banking Co., Oak Harbor	41,106		564,796
Washington Trust Bancorp, Inc.	35,763		945,574
Webster Financial Corp.	219,584		4,835,240
WesBanco, Inc.	70,247		1,643,077
West Bancorp., Inc.	28,408		314,477
West Coast Bancorp	46,944		1,103,184
Westamerica Bancorp. (d)	70,836		3,134,493
Western Alliance Bancorp. (a)(d)	209,617		2,787,906
Wilshire Bancorp, Inc. (a)	144,206		846,489
Wintrust Financial Corp.	99,831		3,643,832
Xenith Bankshares, Inc. (a)	17,541		91,739
Yadkin Valley Financial Corp. (a)	16,970		66,862
			361,491,987
Consumer Finance - 0.4%
Asset Acceptance Capital Corp. (a)	28,119		148,187
Asta Funding, Inc.	25,295		243,338
Atlanticus Holdings Corp. (a)(d)	33,601		108,867
Cash America International, Inc. (d)	70,968		3,593,820
Consumer Portfolio Services, Inc. (a)	25,388		209,451
Credit Acceptance Corp. (a)(d)	25,878		2,860,295
DFC Global Corp. (a)	103,533		1,933,996
Encore Capital Group, Inc. (a)(d)	59,733		1,765,110

	Shares		Value
EZCORP, Inc. (non-vtg.) Class A (a)	123,643		$ 2,556,937
First Cash Financial Services, Inc. (a)	76,532		4,049,308
First Marblehead Corp. (a)(d)	159,362		139,920
Green Dot Corp. Class A (a)(d)	50,635		709,903
Imperial Holdings, Inc. (a)	53,799		215,196
Nelnet, Inc. Class A	66,805		2,216,590
Netspend Holdings, Inc. (a)(d)	69,646		1,103,889
Portfolio Recovery Associates, Inc. (a)(d)	42,803		5,004,741
QC Holdings, Inc.	15,915		51,883
Regional Management Corp.	1,398		25,108
World Acceptance Corp. (a)(d)	40,711		3,203,956
			30,140,495
Diversified Financial Services - 0.4%
California First National Bancorp	1,545		23,762
Catskill Litigation Trust (a)	1,036		0
CBOE Holdings, Inc.	232,203		8,340,732
Gain Capital Holdings, Inc.	22,236		98,728
Interactive Brokers Group, Inc.	101,943		1,499,582
Life Partners Holdings, Inc. (d)	51,198		203,768
MarketAxess Holdings, Inc.	97,186		3,796,085
Marlin Business Services Corp.	22,984		435,547
MicroFinancial, Inc.	17,898		131,908
MSCI, Inc. Class A (a)	312,542		10,354,516
NCP Litigation Trust (a)	200		0
NewStar Financial, Inc. (a)(d)	69,745		943,650
PHH Corp. (a)(d)	138,178		2,903,120
PICO Holdings, Inc. (a)(d)	53,727		1,155,668
Resource America, Inc. Class A	23,799		212,049
Vector Capital Corp. rights (a)	49,572		1
			30,099,116
Insurance - 4.3%
Alleghany Corp.	43,001		16,248,788
Allied World Assurance Co. Holdings Ltd.	89,522		7,860,927
American Equity Investment Life Holding Co. (d)	143,289		1,988,851
American Financial Group, Inc.	210,353		9,247,118
American National Insurance Co.	30,161		2,424,040
American Safety Insurance Group Ltd. (a)(d)	25,797		594,105
Amerisafe, Inc. (d)	44,533		1,452,666
Amtrust Financial Services, Inc.	73,829		2,454,814
Arch Capital Group Ltd. (a)(d)	343,384		16,867,022
Argo Group International Holdings, Ltd.	71,874		2,729,775
Arthur J. Gallagher & Co.	302,872		11,654,515
Aspen Insurance Holdings Ltd.	176,910		6,343,993
Assured Guaranty Ltd.	493,774		9,218,761
Axis Capital Holdings Ltd.	311,323		12,680,186
Baldwin & Lyons, Inc. Class B	20,123		468,665
Brown & Brown, Inc.	293,863		8,815,890
Citizens, Inc. Class A (a)(d)	96,952		890,989
CNA Financial Corp.	99,168		3,127,759
CNO Financial Group, Inc.	574,934		6,289,778
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Insurance - continued
Crawford & Co. Class B	69,141		$ 571,105
Donegal Group, Inc. Class A	26,385		380,472
Eastern Insurance Holdings, Inc.	16,085		299,503
eHealth, Inc. (a)	59,193		919,267
EMC Insurance Group	12,011		309,163
Employers Holdings, Inc.	110,478		2,321,143
Endurance Specialty Holdings Ltd.	106,872		4,706,643
Enstar Group Ltd. (a)(d)	23,037		2,887,458
Erie Indemnity Co. Class A	66,247		4,849,280
Everest Re Group Ltd.	128,969		16,070,827
FBL Financial Group, Inc. Class A	35,194		1,278,950
Federated National Holding Co.	8,797		50,055
Fidelity National Financial, Inc. Class A	535,365		13,352,003
First Acceptance Corp. (a)	24,679		28,381
First American Financial Corp.	270,026		6,558,932
Fortegra Financial Corp. (a)	15,197		137,533
Global Indemnity PLC (a)	37,631		869,276
Greenlight Capital Re, Ltd. (a)	72,640		1,741,907
Hallmark Financial Services, Inc. (a)	27,548		249,585
Hanover Insurance Group, Inc.	117,027		4,994,712
HCC Insurance Holdings, Inc.	266,229		10,649,160
Health Insurance Innovations	12,600		157,374
Hilltop Holdings, Inc. (a)(d)	103,357		1,327,104
Homeowners Choice, Inc. (d)	24,144		486,743
Horace Mann Educators Corp.	90,341		1,848,377
Independence Holding Co.	12,745		120,950
Infinity Property & Casualty Corp.	29,456		1,655,133
Investors Title Co.	2,693		177,549
Kansas City Life Insurance Co.	10,866		405,519
Kemper Corp.	137,889		4,362,808
Maiden Holdings Ltd.	143,671		1,448,204
Markel Corp. (a)	23,551		11,385,731
MBIA, Inc. (a)(d)	366,136		3,540,535
Meadowbrook Insurance Group, Inc.	121,669		855,333
Mercury General Corp.	86,743		3,371,700
Montpelier Re Holdings Ltd.	171,990		4,251,593
National Financial Partners Corp. (a)(d)	130,377		2,563,212
National Interstate Corp.	26,946		896,763
National Western Life Insurance Co. Class A	7,450		1,213,307
Navigators Group, Inc. (a)(d)	29,134		1,636,165
Old Republic International Corp.	613,136		7,363,763
OneBeacon Insurance Group Ltd.	54,474		728,317
PartnerRe Ltd.	152,398		13,599,998
Phoenix Companies, Inc. (a)	12,675		318,143
Platinum Underwriters Holdings Ltd.	82,406		4,357,629
Primerica, Inc.	115,806		3,644,415
ProAssurance Corp.	151,535		7,105,476
Protective Life Corp.	198,965		6,350,963
Reinsurance Group of America, Inc.	183,759		10,566,143
RenaissanceRe Holdings Ltd.	118,960		10,401,862

	Shares		Value
RLI Corp.	47,991		$ 3,308,500
Safety Insurance Group, Inc.	33,267		1,563,549
Selective Insurance Group, Inc.	135,807		3,020,348
StanCorp Financial Group, Inc.	111,235		4,428,265
State Auto Financial Corp.	33,712		566,362
Stewart Information Services Corp. (d)	44,487		1,029,874
Symetra Financial Corp.	233,995		3,081,714
Tower Group, Inc.	90,612		1,689,914
United Fire Group, Inc.	51,439		1,264,371
Universal Insurance Holdings, Inc.	99,404		436,384
Validus Holdings Ltd.	242,727		8,648,363
W.R. Berkley Corp.	273,764		11,361,206
White Mountains Insurance Group Ltd.	14,430		8,152,950
			349,276,606
Real Estate Investment Trusts - 10.1%
Acadia Realty Trust (SBI)	131,146		3,530,450
AG Mortgage Investment Trust, Inc.	72,087		1,890,842
Agree Realty Corp.	29,784		836,037
Alexanders, Inc.	7,463		2,421,744
Alexandria Real Estate Equities, Inc.	159,952		11,378,985
American Assets Trust, Inc.	97,861		2,958,338
American Campus Communities, Inc.	266,659		12,052,987
American Capital Agency Corp.	865,944		27,467,744
American Capital Mortgage Investment Corp.	143,838		3,696,637
American Realty Capital Properties, Inc. (d)	23,627		312,585
Annaly Capital Management, Inc.	2,474,929		38,336,650
Anworth Mortgage Asset Corp.	363,303		2,216,148
Apollo Commercial Real Estate Finance, Inc.	60,802		1,048,835
Apollo Residential Mortgage, Inc.	59,295		1,327,022
Arbor Realty Trust, Inc.	95,842		759,069
Ares Commercial Real Estate Corp.	31,580		537,807
Armour Residential REIT, Inc.	958,622		6,413,181
Ashford Hospitality Trust, Inc.	181,667		2,138,221
Associated Estates Realty Corp.	125,776		2,198,564
BioMed Realty Trust, Inc.	426,994		9,018,113
Brandywine Realty Trust (SBI)	355,301		4,885,389
BRE Properties, Inc.	195,602		9,508,213
BRT Realty Trust (a)	8,802		65,223
Camden Property Trust (SBI)	211,578		14,628,503
Campus Crest Communities, Inc.	97,496		1,222,600
Capital Trust, Inc. Class A	85,860		194,044
CapLease, Inc.	166,403		995,090
Capstead Mortgage Corp.	274,087		3,437,051
CBL & Associates Properties, Inc.	408,073		9,279,580
Cedar Shopping Centers, Inc.	141,571		812,618
Chatham Lodging Trust	37,534		617,810
Chesapeake Lodging Trust	121,402		2,613,785
Chimera Investment Corp.	2,633,740		7,848,545
Colonial Properties Trust (SBI)	223,039		4,808,721
Colony Financial, Inc.	124,334		2,753,998
CommonWealth REIT	211,923		5,351,056
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
Coresite Realty Corp.	71,084		$ 2,303,122
Corporate Office Properties Trust (SBI)	216,499		5,600,829
Cousins Properties, Inc.	249,030		2,420,572
Crexus Investment Corp.	188,644		2,510,852
CubeSmart	306,042		4,511,059
CyrusOne, Inc.	49,783		1,060,876
Cys Investments, Inc. (d)	437,281		5,186,153
DCT Industrial Trust, Inc. (d)	636,987		4,624,526
DDR Corp.	597,418		10,317,409
DiamondRock Hospitality Co.	508,573		4,546,643
Digital Realty Trust, Inc.	313,579		21,003,521
Douglas Emmett, Inc.	333,224		8,167,320
Duke Realty LP (d)	775,624		12,534,084
DuPont Fabros Technology, Inc.	161,268		3,734,967
EastGroup Properties, Inc.	77,000		4,374,370
Education Realty Trust, Inc.	304,047		3,317,153
EPR Properties	120,681		5,888,026
Equity Lifestyle Properties, Inc.	103,455		7,623,599
Equity One, Inc.	160,977		3,784,569
Essex Property Trust, Inc.	90,283		13,451,264
Excel Trust, Inc.	118,850		1,498,699
Extra Space Storage, Inc.	261,803		9,801,904
Federal Realty Investment Trust (SBI)	161,387		17,140,913
FelCor Lodging Trust, Inc. (a)	320,776		1,610,296
First Industrial Realty Trust, Inc.	236,437		3,752,255
First Potomac Realty Trust	155,718		2,200,295
Franklin Street Properties Corp.	183,467		2,522,671
General Growth Properties, Inc.	1,151,017		22,030,465
Getty Realty Corp. (d)	107,657		2,140,221
Gladstone Commercial Corp. (d)	28,855		547,091
Glimcher Realty Trust	372,526		4,194,643
Government Properties Income Trust (d)	109,886		2,907,584
Gramercy Capital Corp. (a)(d)	137,117		523,787
Gyrodyne Co. of America, Inc.	2,317		172,431
Hatteras Financial Corp.	250,581		6,688,007
Healthcare Realty Trust, Inc.	225,062		5,986,649
Healthcare Trust of America, Inc.	139,394		1,600,243
Hersha Hospitality Trust	462,079		2,592,263
Highwoods Properties, Inc. (SBI)	188,911		6,895,252
Home Properties, Inc.	130,546		8,148,681
Hospitality Properties Trust (SBI)	318,850		8,513,295
Hudson Pacific Properties, Inc.	107,288		2,421,490
Inland Real Estate Corp.	192,865		1,863,076
Invesco Mortgage Capital, Inc.	326,439		6,861,748
Investors Real Estate Trust	238,896		2,271,901
iStar Financial, Inc. (a)(d)	266,363		2,660,966
JAVELIN Mortgage Investment Corp.	18,180		348,692
Kilroy Realty Corp.	186,722		9,851,453
Kite Realty Group Trust	180,895		1,192,098
LaSalle Hotel Properties (SBI)	240,074		6,095,479
Lexington Corporate Properties Trust (d)	409,224		4,689,707

	Shares		Value
Liberty Property Trust (SBI) (d)	297,318		$ 11,532,965
LTC Properties, Inc.	80,280		3,096,400
Mack-Cali Realty Corp.	205,743		5,838,986
Medical Properties Trust, Inc.	338,104		4,909,270
MFA Financial, Inc.	900,039		7,992,346
MHI Hospitality Corp.	1,708		7,327
Mid-America Apartment Communities, Inc.	105,434		7,321,337
Monmouth Real Estate Investment Corp. Class A	103,641		1,156,634
MPG Office Trust, Inc. (a)(d)	193,026		499,937
National Health Investors, Inc.	66,785		4,327,668
National Retail Properties, Inc. (d)	269,513		9,284,723
New York Mortgage Trust, Inc. (d)	113,947		802,187
NorthStar Realty Finance Corp.	392,817		3,515,712
Omega Healthcare Investors, Inc. (d)	281,314		7,873,979
One Liberty Properties, Inc.	35,770		776,924
Parkway Properties, Inc.	96,202		1,626,776
Pebblebrook Hotel Trust	162,576		3,887,192
Pennsylvania Real Estate Investment Trust (SBI)	141,880		2,560,934
PennyMac Mortgage Investment Trust	148,093		3,764,524
Piedmont Office Realty Trust, Inc. Class A (d)	422,715		8,310,577
PMC Commercial Trust	13,962		97,874
Post Properties, Inc.	136,444		6,513,837
Potlatch Corp.	107,179		4,716,948
Power (REIT)	1,227		13,006
PS Business Parks, Inc.	47,862		3,541,309
RAIT Financial Trust (d)	147,972		1,071,317
Ramco-Gershenson Properties Trust (SBI)	127,919		2,021,120
Rayonier, Inc.	311,780		17,419,149
Realty Income Corp.	449,239		20,507,760
Redwood Trust, Inc.	205,166		4,156,663
Regency Centers Corp.	229,923		11,928,405
Resource Capital Corp.	285,451		1,941,067
Retail Opportunity Investments Corp. (d)	130,748		1,687,957
Retail Properties America, Inc.	85,922		1,271,646
RLJ Lodging Trust	284,277		6,080,685
Rouse Properties, Inc. (d)	62,419		1,036,780
Ryman Hospitality Properties, Inc. (d)	122,867		5,498,298
Sabra Health Care REIT, Inc.	104,213		2,754,350
Saul Centers, Inc.	29,808		1,304,398
Select Income (REIT)	47,478		1,320,363
Senior Housing Properties Trust (SBI)	464,288		11,648,986
Silver Bay Realty Trust Corp. (d)	36,712		749,659
SL Green Realty Corp.	227,024		18,529,699
Sovran Self Storage, Inc.	79,456		4,834,103
Spirit Realty Capital, Inc.	84,207		1,677,403
Stag Industrial, Inc.	111,041		2,355,180
Starwood Property Trust, Inc.	335,288		9,371,300
Strategic Hotel & Resorts, Inc. (a)	471,780		3,434,558
Summit Hotel Properties, Inc.	136,761		1,312,906
Sun Communities, Inc. (d)	74,202		3,452,619
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
Sunstone Hotel Investors, Inc. (a)	402,828		$ 4,564,041
Supertel Hospitality, Inc., Maryland (a)	13,197		14,913
Tanger Factory Outlet Centers, Inc. (d)	232,875		8,218,159
Taubman Centers, Inc.	153,877		11,805,443
Terreno Realty Corp.	33,203		594,334
The Geo Group, Inc.	193,501		6,683,525
The Macerich Co.	344,003		20,678,020
Two Harbors Investment Corp.	742,870		9,553,308
UDR, Inc.	633,544		15,116,360
UMH Properties, Inc.	32,347		324,117
Universal Health Realty Income Trust (SBI)	33,579		1,917,697
Urstadt Biddle Properties, Inc. Class A	59,548		1,258,249
Washington (REIT) (SBI)	159,249		4,409,605
Weingarten Realty Investors (SBI)	287,296		8,805,622
Western Asset Mortgage Capital Corp.	58,863		1,264,966
Whitestone REIT Class B	35,381		521,870
Winthrop Realty Trust	68,647		861,520
WP Carey, Inc. (d)	146,332		8,719,924
ZAIS Financial Corp.	15,500		311,085
			823,205,855
Real Estate Management & Development - 0.5%
Alexander & Baldwin, Inc.	111,665		3,933,958
American Realty Investments, Inc. (a)	1,965		6,583
AV Homes, Inc. (a)	29,637		445,148
Consolidated-Tomoka Land Co. (d)	11,958		407,170
Forest City Enterprises, Inc. Class A (a)	356,962		5,725,670
Forestar Group, Inc. (a)(d)	94,973		1,654,430
Gladstone Land Corp.	2,000		30,140
Howard Hughes Corp. (a)	71,466		5,487,874
InterGroup Corp. (a)	336		7,617
Jones Lang LaSalle, Inc.	109,483		10,580,437
Kennedy-Wilson Holdings, Inc.	102,037		1,639,735
Maui Land & Pineapple, Inc. (a)	17,943		72,131
Preferred Apartment Communities, Inc. Class A (d)	6,866		60,009
Realogy Holdings Corp.	112,717		5,055,357
Tejon Ranch Co. (a)	36,577		1,071,706
The St. Joe Co. (a)(d)	244,497		5,452,283
Thomas Properties Group, Inc.	93,474		487,000
Transcontinental Realty Investors, Inc. (a)	1,497		7,725
Zillow, Inc. (a)(d)	35,559		1,527,615
ZipRealty, Inc. (a)	28,991		111,325
			43,763,913
Thrifts & Mortgage Finance - 1.1%
Astoria Financial Corp.	205,339		2,008,215
Bank Mutual Corp.	123,703		707,581
BankFinancial Corp.	56,765		452,985
BBX Capital Corp. (a)	42,087		340,063
Beneficial Mutual Bancorp, Inc. (a)	107,032		1,026,437
Berkshire Hills Bancorp, Inc.	59,104		1,436,227

	Shares		Value
BofI Holding, Inc. (a)	27,494		$ 925,723
Brookline Bancorp, Inc., Delaware	180,966		1,646,791
Camco Financial Corp. (a)	7,852		28,738
Cape Bancorp, Inc.	25,193		229,004
Capitol Federal Financial, Inc.	435,831		5,155,881
CFS Bancorp, Inc.	12,402		94,999
Charter Financial Corp., Georgia	2,588		31,858
Cheviot Financial Corp.	44		479
Chicopee Bancorp, Inc.	13,096		206,131
Clifton Savings Bancorp, Inc.	25,210		284,873
Dime Community Bancshares, Inc.	89,159		1,266,949
Doral Financial Corp. (a)	295,629		168,361
Elmira Savings Bank	169		3,990
ESB Financial Corp.	31,148		427,662
ESSA Bancorp, Inc.	32,482		358,926
EverBank Financial Corp.	59,751		902,240
Farmer Mac Class C (non-vtg.)	27,142		916,043
First Clover Leaf Financial Corp.	10,566		80,302
First Defiance Financial Corp.	23,633		532,215
First Federal Bancshares of Arkansas, Inc. (a)(d)	4,711		45,226
First Financial Holdings, Inc.	43,715		872,551
First Financial Northwest, Inc. (a)	34,706		275,219
First PacTrust Bancorp, Inc.	20,005		205,451
Flagstar Bancorp, Inc. (a)(d)	50,000		679,500
Flushing Financial Corp.	72,793		1,150,129
Fox Chase Bancorp, Inc.	32,985		551,509
Franklin Financial Corp./VA	27,950		499,187
Hampden Bancorp, Inc.	5,136		81,252
Heritage Financial Group, Inc.	7,732		106,083
HF Financial Corp.	632		8,494
HMN Financial, Inc. (a)	2,852		15,315
Home Bancorp, Inc. (a)	15,826		291,831
Home Federal Bancorp, Inc.	37,371		429,767
HomeStreet, Inc. (d)	30,734		767,735
HopFed Bancorp, Inc.	11,426		120,887
IF Bancorp, Inc. (a)	11,597		174,071
Impac Mortgage Holdings, Inc. (a)(d)	20,302		229,413
Kearny Financial Corp.	52,612		525,594
Madison County Financial, Inc. (a)(d)	11,541		184,887
Meridian Interstate Bancorp, Inc. (a)	24,640		445,738
Meta Financial Group, Inc.	9,879		233,638
MGIC Investment Corp. (a)(d)	493,559		1,470,806
MutualFirst Financial, Inc.	7,773		104,547
NASB Financial, Inc. (a)	3,724		82,710
Nationstar Mortgage Holdings, Inc. (d)	43,150		1,662,570
New Hampshire Thrift Bancshare	2,906		38,679
New York Community Bancorp, Inc. (d)	1,102,758		14,887,233
Northfield Bancorp, Inc.	80,053		911,003
Northwest Bancshares, Inc. (d)	230,507		2,879,032
Ocean Shore Holding Co.	5,120		77,824
OceanFirst Financial Corp.	36,227		505,004
Ocwen Financial Corp. (a)	295,171		11,635,641
Oneida Financial Corp.	2,810		35,209
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Thrifts & Mortgage Finance - continued
Oritani Financial Corp.	106,486		$ 1,566,409
Peoples Federal Bancshares, Inc.	9,219		164,836
Poage Bankshares, Inc.	6,654		93,489
Provident Financial Holdings, Inc.	21,034		359,681
Provident Financial Services, Inc.	135,449		2,030,381
Provident New York Bancorp	105,447		946,914
Pulaski Financial Corp. (d)	11,679		115,622
PVF Capital Corp. (a)	37,435		139,633
Radian Group, Inc. (d)	342,468		3,017,143
Riverview Bancorp, Inc. (a)	20,156		44,746
Rockville Financial, Inc.	54,753		704,124
Roma Financial Corp.	25,270		380,061
Security National Financial Corp. Class A (d)	21,546		166,120
SI Financial Group, Inc.	9,136		104,516
Simplicity Bancorp, Inc.	22,747		346,664
Southern Missouri Bancorp, Inc.	376		9,445
Territorial Bancorp, Inc.	28,348		661,075
TFS Financial Corp. (a)(d)	268,274		2,819,560
Timberland Bancorp, Inc.	12,774		105,513
Tree.com, Inc.	19,805		345,201
Trustco Bank Corp., New York	220,181		1,147,143
United Community Financial Corp., Ohio (a)	32,608		109,563
United Financial Bancorp, Inc.	49,450		739,278
ViewPoint Financial Group	92,806		1,935,005
Walker & Dunlop, Inc. (a)	44,234		937,761
Washington Federal, Inc.	287,542		5,046,362
Waterstone Financial, Inc. (a)	7,726		59,104
Westfield Financial, Inc.	94,628		737,152
WSFS Financial Corp.	23,324		1,107,890
			87,356,799
TOTAL FINANCIALS			1,856,416,579
HEALTH CARE - 10.5%
Biotechnology - 3.3%
Aastrom Biosciences, Inc. (a)(d)	102,049		124,500
ACADIA Pharmaceuticals, Inc. (a)(d)	129,491		786,010
Achillion Pharmaceuticals, Inc. (a)(d)	163,898		1,327,574
Acorda Therapeutics, Inc. (a)	110,294		3,281,247
ADVENTRX Pharmaceuticals, Inc. (a)(d)	111,483		84,727
Aegerion Pharmaceuticals, Inc. (a)	41,620		1,253,594
Affymax, Inc. (a)(d)	99,414		264,441
Agenus, Inc. (a)(d)	39,248		167,981
Alkermes PLC (a)	307,880		6,684,075
Allos Therapeutics, Inc. rights	344,107		3
Alnylam Pharmaceuticals, Inc. (a)	128,873		3,053,001
AMAG Pharmaceuticals, Inc. (a)	57,756		955,862
Amicus Therapeutics, Inc. (a)(d)	81,548		218,549

	Shares		Value
Anacor Pharmaceuticals, Inc. (a)	42,589		$ 148,210
Anthera Pharmaceuticals, Inc. (a)(d)	123,150		75,122
ARCA biopharma, Inc. (a)(d)	20,234		10,319
Arena Pharmaceuticals, Inc. (a)(d)	559,228		4,691,923
ARIAD Pharmaceuticals, Inc. (a)	464,412		9,766,584
ArQule, Inc. (a)	132,859		326,833
Array Biopharma, Inc. (a)	280,498		1,091,137
Arrowhead Research Corp. (a)(d)	16,316		35,079
Astex Pharmaceuticals, Inc. (a)(d)	207,009		674,849
Athersys, Inc. (a)(d)	108,924		165,564
AVEO Pharmaceuticals, Inc. (a)(d)	115,401		769,725
BioCryst Pharmaceuticals, Inc. (a)(d)	81,419		97,703
BioMarin Pharmaceutical, Inc. (a)	316,623		18,354,635
BioMimetic Therapeutics, Inc. (a)	45,475		431,558
Biospecifics Technologies Corp. (a)	11,833		185,778
Biota Pharmaceuticals, Inc.	20,991		83,754
BioTime, Inc. (a)(d)	68,237		287,278
Cardium Therapeutics, Inc. (a)(d)	106,276		17,865
Catalyst Pharmaceutical Partners, Inc. (a)(d)	69,095		30,975
Cel-Sci Corp. (a)(d)	503,397		133,300
Cell Therapeutics, Inc. (a)(d)	197,840		265,106
Celldex Therapeutics, Inc. (a)(d)	208,754		1,987,338
Celsion Corp. (a)(d)	80,797		78,373
Cepheid, Inc. (a)(d)	169,489		6,174,484
Chelsea Therapeutics International Ltd. (a)(d)	149,074		235,537
ChemoCentryx, Inc. (d)	8,614		116,203
Cleveland Biolabs, Inc. (a)(d)	93,847		145,463
Clovis Oncology, Inc. (a)(d)	38,859		732,881
Codexis, Inc. (a)	66,590		137,841
Coronado Biosciences, Inc. (a)(d)	46,043		337,035
Cubist Pharmaceuticals, Inc. (a)	160,460		6,808,318
Cubist Pharmaceuticals, Inc. rights (a)	105,448		1
Curis, Inc. (a)(d)	208,503		560,873
Cyclacel Pharmaceuticals, Inc. (a)(d)	28,189		155,885
Cytokinetics, Inc.	284,668		284,099
Cytori Therapeutics, Inc. (a)(d)	157,438		401,467
CytRx Corp. (a)(d)	53,802		112,984
DARA BioSciences, Inc. (a)(d)	22,334		22,557
Dendreon Corp. (a)(d)	380,156		2,201,103
Discovery Laboratories, Inc. (a)(d)	83,205		204,684
Durata Therapeutics, Inc. (d)	19,378		165,682
Dyax Corp. (a)(d)	235,415		755,682
Dynavax Technologies Corp. (a)(d)	441,222		900,093
Emergent BioSolutions, Inc. (a)	62,949		975,080
EntreMed, Inc. (a)	37,512		110,660
Enzon Pharmaceuticals, Inc.	134,828		570,322
Exact Sciences Corp. (a)	176,780		1,888,010
Exelixis, Inc. (a)(d)	484,897		2,211,130
Forticell Bioscience, Inc. (a)	2		0
Galectin Therapeutics, Inc. (a)	5,313		18,117
Galena Biopharma, Inc. (a)(d)	229,872		439,056
Genomic Health, Inc. (a)(d)	52,977		1,517,791
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
GenVec, Inc. (a)	22,127		$ 36,952
Geron Corp. (a)(d)	296,896		433,468
GTx, Inc. (a)	60,735		276,344
Halozyme Therapeutics, Inc. (a)(d)	210,823		1,151,094
Hemispherx Biopharma, Inc. (a)	354,277		77,941
Hyperion Therapeutics, Inc.	16,210		295,670
iBio, Inc. (a)(d)	102,306		64,964
Idenix Pharmaceuticals, Inc. (a)(d)	267,583		1,126,524
Idera Pharmaceuticals, Inc. (a)	48,311		34,784
ImmunoCellular Therapeutics Ltd. (a)(d)	122,575		311,341
ImmunoGen, Inc. (a)(d)	222,354		3,373,110
Immunomedics, Inc. (a)(d)	140,629		323,447
Incyte Corp. (a)(d)	336,696		7,474,651
Infinity Pharmaceuticals, Inc. (a)(d)	96,136		3,969,455
Inovio Pharmaceuticals, Inc. (a)(d)	218,287		150,618
Insmed, Inc. (a)(d)	75,313		463,928
Intercept Pharmaceuticals, Inc. (d)	12,204		476,200
InterMune, Inc. (a)	197,527		1,752,064
Ironwood Pharmaceuticals, Inc. Class A (a)(d)	214,285		3,199,275
Isis Pharmaceuticals, Inc. (a)(d)	255,145		3,750,632
IsoRay, Inc. (a)(d)	76,668		40,557
Keryx Biopharmaceuticals, Inc. (a)(d)	197,816		1,271,957
KYTHERA Biopharmaceuticals, Inc. (d)	10,524		274,255
Lexicon Pharmaceuticals, Inc. (a)(d)	1,360,008		2,679,216
Ligand Pharmaceuticals, Inc.:
Class B (a)	50,640		1,040,146
General CVR	26,087		183
Glucagon CVR (a)	26,087		261
rights (a)	26,087		417
TR Beta CVR (a)	26,087		170
Lpath, Inc. (a)	19,435		82,404
MannKind Corp. (a)(d)	440,347		1,127,288
Maxygen, Inc.	88,637		216,274
Medgenics, Inc. (a)	12,815		64,075
MediciNova, Inc. (a)(d)	37,660		128,044
Medivation, Inc. (a)	190,494		9,360,875
Merrimack Pharmaceuticals, Inc. (d)	38,283		245,011
Metabolix, Inc. (a)(d)	85,270		207,206
Momenta Pharmaceuticals, Inc. (a)(d)	119,519		1,522,672
Myriad Genetics, Inc. (a)(d)	213,646		5,430,881
Nanosphere, Inc. (a)(d)	90,356		176,194
Neuralstem, Inc. (a)(d)	141,327		149,807
Neurocrine Biosciences, Inc. (a)	167,845		1,775,800
NewLink Genetics Corp. (a)(d)	48,922		575,812
Novavax, Inc. (a)(d)	303,349		552,095
NPS Pharmaceuticals, Inc. (a)(d)	215,077		1,716,314
OncoGenex Pharmaceuticals, Inc. (a)(d)	29,511		350,886
Oncothyreon, Inc. (a)(d)	122,634		253,852
Onyx Pharmaceuticals, Inc. (a)	184,637		13,905,012
Opexa Therapeutics, Inc. (a)(d)	8,319		15,972

	Shares		Value
Opko Health, Inc. (a)(d)	342,921		$ 2,379,872
Orexigen Therapeutics, Inc. (a)(d)	180,401		1,075,190
Osiris Therapeutics, Inc. (a)(d)	39,420		259,384
OXiGENE, Inc. (a)(d)	3,950		16,274
Oxygen Biotherapeutics, Inc. (a)(d)	46,598		13,047
PDL BioPharma, Inc. (d)	384,661		2,746,480
Peregrine Pharmaceuticals, Inc. (a)(d)	306,032		397,842
Pharmacyclics, Inc. (a)(d)	127,562		11,197,392
PharmAthene, Inc. (a)(d)	77,388		100,604
Progenics Pharmaceuticals, Inc. (a)	107,490		283,774
Puma Biotechnology, Inc.	19,440		499,802
Raptor Pharmaceutical Corp. (a)(d)	132,438		658,217
Regeneron Pharmaceuticals, Inc. (a)(d)	192,591		32,162,697
Regulus Therapeutics, Inc.	27,301		140,600
Repligen Corp. (a)	65,974		411,018
Rexahn Pharmaceuticals, Inc. (a)(d)	117,188		36,328
Rigel Pharmaceuticals, Inc. (a)(d)	240,910		1,618,915
Sangamo Biosciences, Inc. (a)(d)	138,269		1,408,961
Sarepta Therapeutics, Inc. (a)(d)	68,876		2,016,001
Savient Pharmaceuticals, Inc. (a)(d)	212,410		199,665
Seattle Genetics, Inc. (a)(d)	264,595		7,445,703
SIGA Technologies, Inc. (a)(d)	109,876		470,269
Spectrum Pharmaceuticals, Inc. (d)	147,610		1,682,754
StemCells, Inc. (a)(d)	72,956		124,755
Stemline Therapeutics, Inc.	7,164		86,684
Sunesis Pharmaceuticals, Inc. (a)(d)	78,760		411,127
Synageva BioPharma Corp. (a)	28,243		1,411,303
Synergy Pharmaceuticals, Inc. (a)(d)	156,772		857,543
Synta Pharmaceuticals Corp. (a)(d)	112,511		966,469
Synthetic Biologics, Inc. (a)	51,943		89,342
Targacept, Inc. (a)	150,431		651,366
Telik, Inc. (a)	3,787		6,135
TESARO, Inc. (d)	17,478		347,113
Theravance, Inc. (a)(d)	173,595		3,522,243
Threshold Pharmaceuticals, Inc. (a)(d)	133,997		620,406
Tranzyme, Inc. (a)	38,997		20,637
Trius Therapeutics, Inc. (a)	76,208		400,092
Trovagene, Inc. (a)(d)	26,256		161,474
United Therapeutics Corp. (a)(d)	128,305		7,673,922
Vanda Pharmaceuticals, Inc. (a)(d)	115,941		435,938
Venaxis, Inc. (a)	1,992		4,582
Verastem, Inc. (a)(d)	4,002		37,699
Vertex Pharmaceuticals, Inc. (a)	555,579		26,012,209
Vical, Inc. (a)	181,350		580,320
XOMA Corp. (a)(d)	195,513		529,840
Zalicus, Inc. (a)(d)	271,923		177,294
ZIOPHARM Oncology, Inc. (a)(d)	196,259		869,427
			271,218,417
Health Care Equipment & Supplies - 2.3%
Abaxis, Inc.	51,787		2,196,805
Abiomed, Inc. (a)(d)	100,014		1,604,225
Accuray, Inc. (a)(d)	145,252		620,226
Alere, Inc. (a)	189,216		4,306,556
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Align Technology, Inc. (a)	182,943		$ 5,751,728
Allied Healthcare Products, Inc. (a)	4,954		13,524
Alphatec Holdings, Inc. (a)	223,255		363,906
Analogic Corp. (d)	32,199		2,388,844
Angiodynamics, Inc. (a)	78,307		970,224
Anika Therapeutics, Inc. (a)	35,451		441,365
Antares Pharma, Inc. (a)(d)	291,705		1,003,465
ArthroCare Corp. (a)	71,853		2,509,107
Atossa Genetics, Inc. (d)	1,948		12,467
Atricure, Inc. (a)	33,966		301,618
Atrion Corp.	3,467		680,364
Bacterin International Holdings, Inc. (a)(d)	41,452		37,514
BioLase Technology, Inc. (d)	76,165		274,956
Bovie Medical Corp. (a)	27,980		76,385
BSD Medical Corp. (a)(d)	95,648		126,255
Cantel Medical Corp.	58,616		1,824,716
Cardica, Inc. (a)	38,892		45,115
Cardiovascular Systems, Inc. (a)	54,580		862,910
Cerus Corp. (a)(d)	105,314		346,483
Chembio Diagnostics, Inc. (a)	4,082		22,288
Conceptus, Inc. (a)(d)	78,853		1,760,787
CONMED Corp.	68,757		2,139,030
Cryolife, Inc.	77,981		478,024
Cutera, Inc. (a)	35,495		457,886
Cyberonics, Inc. (a)	69,680		3,187,860
Cynosure, Inc. Class A (a)	34,199		968,858
Delcath Systems, Inc. (a)(d)	162,758		252,275
Derma Sciences, Inc. (a)(d)	24,519		302,319
DexCom, Inc. (a)(d)	183,507		2,739,760
Digirad Corp. (a)	23,301		53,359
Dynatronics Corp. (a)	3,425		8,871
DynaVox, Inc. Class A (a)	35,547		16,288
Endologix, Inc. (a)(d)	152,183		2,291,876
EnteroMedics, Inc. (a)(d)	71,659		60,151
ERBA Diagnostics, Inc. (a)	7,111		5,334
Escalon Medical Corp. (a)	3,512		3,617
Exactech, Inc. (a)	19,203		353,527
Fonar Corp. (a)	5,489		29,586
Genmark Diagnostics, Inc. (a)(d)	70,035		730,465
Globus Medical, Inc. (d)	19,520		282,064
Greatbatch, Inc. (a)	55,243		1,495,428
Haemonetics Corp. (a)	131,168		5,410,680
Hansen Medical, Inc. (a)(d)	150,643		322,376
Hill-Rom Holdings, Inc.	151,281		4,958,991
Hologic, Inc. (a)	681,475		14,876,599
ICU Medical, Inc. (a)(d)	33,325		1,891,527
IDEXX Laboratories, Inc. (a)	139,253		12,827,986
Insulet Corp. (a)(d)	133,384		3,010,477
Integra LifeSciences Holdings Corp. (a)	50,385		2,052,685
Invacare Corp.	71,642		1,039,525

	Shares		Value
Iridex Corp. (a)	9,439		$ 44,835
Kewaunee Scientific Corp.	5,250		68,670
Kips Bay Medical, Inc. (a)	9,803		9,999
LeMaitre Vascular, Inc.	17,157		104,658
Mako Surgical Corp. (a)(d)	115,552		1,477,910
Masimo Corp.	148,292		2,943,596
Medical Action Industries, Inc. (a)	32,086		189,949
MELA Sciences, Inc. (a)(d)	117,358		174,863
Meridian Bioscience, Inc. (d)	116,715		2,474,358
Merit Medical Systems, Inc. (a)	95,450		1,137,764
Misonix, Inc. (a)	11,163		63,629
Natus Medical, Inc. (a)	73,032		927,506
Navidea Biopharmaceuticals, Inc. (a)(d)	295,085		905,911
Neogen Corp. (a)	57,433		2,689,013
NeuroMetrix, Inc. (a)	685		1,767
NuVasive, Inc. (a)	108,905		2,022,366
NxStage Medical, Inc. (a)(d)	140,487		1,576,264
OraSure Technologies, Inc. (a)	127,609		709,506
Orthofix International NV (a)	56,449		2,103,290
Palomar Medical Technologies, Inc. (a)	45,060		497,462
PhotoMedex, Inc. (a)(d)	37,410		551,798
Quidel Corp. (a)(d)	73,655		1,743,414
ResMed, Inc. (d)	365,366		16,255,133
Retractable Technologies, Inc. (a)	5,601		5,517
Rochester Medical Corp. (a)	22,381		330,344
Rockwell Medical Technologies, Inc. (a)(d)	39,941		176,140
RTI Biologics, Inc. (a)	112,823		409,547
Sirona Dental Systems, Inc. (a)	140,139		9,952,672
Solta Medical, Inc. (a)	115,233		262,731
Staar Surgical Co. (a)	69,588		375,079
Stereotaxis, Inc. (a)(d)	11,645		25,386
Steris Corp.	153,593		5,990,127
SurModics, Inc. (a)	32,266		818,266
Symmetry Medical, Inc. (a)	93,411		974,277
Synergetics USA, Inc. (a)	65,159		346,646
Teleflex, Inc.	104,105		8,324,236
The Cooper Companies, Inc.	121,073		12,841,002
The Spectranetics Corp. (a)	93,141		1,690,509
Theragenics Corp. (a)	80,225		130,767
ThermoGenesis Corp. (a)	36,219		32,597
Thoratec Corp. (a)(d)	150,418		5,296,218
TranS1, Inc. (a)	31,931		69,929
Unilife Corp. (a)(d)	250,905		629,772
Urologix, Inc. (a)	5,053		3,386
Uroplasty, Inc. (a)	38,436		93,784
Utah Medical Products, Inc.	5,647		234,068
Vascular Solutions, Inc. (a)(d)	32,880		499,118
Vermillion, Inc. (a)	26,315		32,104
Vision Sciences, Inc. (a)(d)	22,011		23,992
Volcano Corp. (a)(d)	137,886		2,983,853
West Pharmaceutical Services, Inc.	86,644		5,235,030
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Wright Medical Group, Inc. (a)(d)	116,793		$ 2,453,037
Zeltiq Aesthetics, Inc. (a)	39,478		159,096
			189,862,148
Health Care Providers & Services - 2.6%
Acadia Healthcare Co., Inc. (a)	87,345		2,377,531
Accretive Health, Inc. (a)(d)	142,160		1,361,893
Adcare Health Systems, Inc.	10,908		48,759
Addus HomeCare Corp. (a)	22,321		196,648
Advocat, Inc. (d)	12,213		67,294
Air Methods Corp.	88,381		3,958,585
Alliance Healthcare Services, Inc. (a)	22,763		160,252
Almost Family, Inc.	17,026		350,565
Amedisys, Inc. (a)(d)	76,646		866,100
American CareSource Holdings, Inc. (a)	2,053		3,716
American Shared Hospital Services (a)	115		239
AMN Healthcare Services, Inc. (a)(d)	110,869		1,563,253
AmSurg Corp. (a)	82,424		2,489,205
Assisted Living Concepts, Inc. Class A	44,685		529,070
Bio-Reference Laboratories, Inc. (a)(d)	65,019		1,721,703
BioScrip, Inc. (a)	149,908		1,641,493
Brookdale Senior Living, Inc. (a)	248,627		6,881,995
Capital Senior Living Corp. (a)	68,963		1,586,149
CardioNet, Inc. (a)	56,333		140,269
Centene Corp. (a)	130,754		5,886,545
Chemed Corp.	53,951		4,164,478
Chindex International, Inc. (a)	33,922		371,446
Community Health Systems, Inc.	232,860		9,840,664
Corvel Corp. (a)	14,612		701,960
Cross Country Healthcare, Inc. (a)	74,123		422,501
Emeritus Corp. (a)	73,472		2,093,217
ExamWorks Group, Inc. (a)(d)	75,796		1,073,271
Five Star Quality Care, Inc. (a)	111,797		708,793
Gentiva Health Services, Inc. (a)	70,931		746,194
Hanger, Inc. (a)	89,928		2,667,264
HCA Holdings, Inc.	622,383		23,084,185
Health Management Associates, Inc. Class A (a)	656,011		7,209,561
Health Net, Inc. (a)	204,919		5,274,615
HealthSouth Corp. (a)(d)	243,240		5,866,949
Healthways, Inc. (a)	92,492		1,188,522
Henry Schein, Inc. (a)(d)	220,388		19,663,017
HMS Holdings Corp. (a)(d)	220,916		6,404,355
Hooper Holmes, Inc. (a)	128,551		64,147
InfuSystems Holdings, Inc. (a)	5,400		8,748
IPC The Hospitalist Co., Inc. (a)	43,764		1,824,959
Kindred Healthcare, Inc. (a)	140,026		1,578,093
Landauer, Inc.	24,048		1,411,858
LCA-Vision, Inc. (a)	49,197		142,179
LHC Group, Inc. (a)	40,565		824,281
LifePoint Hospitals, Inc. (a)	123,734		5,455,432
Magellan Health Services, Inc. (a)	69,977		3,608,014

	Shares		Value
MEDNAX, Inc. (a)	126,763		$ 10,853,448
Molina Healthcare, Inc. (a)(d)	77,587		2,475,801
MWI Veterinary Supply, Inc. (a)(d)	30,688		3,874,667
National Healthcare Corp.	33,268		1,542,637
National Research Corp.	7,753		440,991
NeoStem, Inc. (a)(d)	214,786		130,053
Omnicare, Inc.	274,636		10,232,937
Owens & Minor, Inc.	155,625		4,738,781
PDI, Inc. (a)	19,284		140,773
PharMerica Corp. (a)	75,146		1,076,842
Providence Service Corp. (a)	34,776		593,974
Psychemedics Corp.	15,744		189,400
RadNet, Inc. (a)	74,982		212,199
Select Medical Holdings Corp.	118,813		1,097,832
Sharps Compliance Corp. (a)	29,684		86,677
Skilled Healthcare Group, Inc. (a)(d)	74,963		436,285
SunLink Health Systems, Inc. (a)	19,190		13,241
Team Health Holdings, Inc. (a)	86,158		2,885,431
The Ensign Group, Inc.	45,486		1,424,622
Triple-S Management Corp. (a)	46,216		830,039
U.S. Physical Therapy, Inc.	27,554		678,379
Universal American Spin Corp.	106,211		885,800
Universal Health Services, Inc. Class B	225,201		13,036,886
Vanguard Health Systems, Inc. (a)	106,734		1,587,135
VCA Antech, Inc. (a)(d)	222,282		4,881,313
Wellcare Health Plans, Inc. (a)	110,227		6,303,882
			208,879,992
Health Care Technology - 0.3%
Allscripts Healthcare Solutions, Inc. (a)	430,727		5,478,847
Arrhythmia Research Technology, Inc.	9,913		23,791
athenahealth, Inc. (a)(d)	90,283		8,467,643
Authentidate Holding Corp. (a)(d)	33,216		22,853
CollabRx, Inc. (a)	177		604
Computer Programs & Systems, Inc.	32,130		1,675,258
Epocrates, Inc. (a)	46,015		540,676
Greenway Medical Technologies (d)	34,410		545,399
HealthStream, Inc. (a)(d)	59,006		1,262,138
iCAD, Inc. (a)	22,614		123,246
MedAssets, Inc. (a)(d)	128,301		2,369,719
Medidata Solutions, Inc. (a)	61,697		3,215,648
Merge Healthcare, Inc. (a)(d)	198,185		485,553
Omnicell, Inc. (a)	104,307		1,879,612
Quality Systems, Inc.	93,934		1,739,658
Simulations Plus, Inc.	26,420		105,680
Streamline Health Solutions, Inc. (a)	17,735		98,784
Vocera Communications, Inc. (d)	14,002		369,233
			28,404,342
Life Sciences Tools & Services - 1.0%
Accelerate Diagnostics, Inc. (a)(d)	42,778		224,585
Affymetrix, Inc. (a)(d)	186,657		759,694
Albany Molecular Research, Inc. (a)	52,930		427,674
Apricus Biosciences, Inc. (a)(d)	65,877		175,892
BG Medicine, Inc. (a)(d)	19,157		32,950
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Life Sciences Tools & Services - continued
Bio-Rad Laboratories, Inc. Class A (a)	50,592		$ 6,232,934
Bioanalytical Systems, Inc. (a)(d)	4,772		7,444
BioClinica, Inc. (a)	30,779		222,840
Bruker BioSciences Corp. (a)	234,581		4,114,551
Cambrex Corp. (a)	73,010		840,345
Charles River Laboratories International, Inc. (a)	121,309		4,942,129
CombiMatrix Corp. (a)	203		757
Complete Genomics, Inc. (a)	74,375		232,794
Covance, Inc. (a)	145,451		9,685,582
Enzo Biochem, Inc. (a)	71,931		215,793
Fluidigm Corp. (a)(d)	49,302		850,953
Furiex Pharmaceuticals, Inc. (a)	30,575		1,133,110
Harvard Bioscience, Inc. (a)	57,605		331,229
Illumina, Inc. (a)(d)	314,033		15,742,474
Luminex Corp. (a)	115,050		1,942,044
Mettler-Toledo International, Inc. (a)(d)	77,223		16,433,054
Pacific Biosciences of California, Inc. (a)	117,048		269,210
PAREXEL International Corp. (a)	151,344		5,250,123
pSivida Corp. (a)(d)	55,999		120,398
PURE Bioscience, Inc. (a)(d)	26,193		17,811
Response Genetics, Inc. (a)	8,201		10,661
Sequenom, Inc. (a)(d)	324,864		1,335,191
Strategic Diagnostics, Inc. (a)	32,256		34,191
Techne Corp.	89,351		6,074,974
Virtualscopics, Inc. (a)	21,674		14,088
			77,675,475
Pharmaceuticals - 1.0%
AcelRx Pharmaceuticals, Inc. (a)(d)	33,539		167,695
Acura Pharmaceuticals, Inc. (a)(d)	28,281		58,259
Akorn, Inc. (a)(d)	193,389		2,668,768
Alexza Pharmaceuticals, Inc. (a)(d)	37,601		166,572
Alimera Sciences, Inc. (a)	16,534		49,602
Ampio Pharmaceuticals, Inc. (a)(d)	71,327		276,749
Auxilium Pharmaceuticals, Inc. (a)	125,781		2,144,566
AVANIR Pharmaceuticals Class A (a)(d)	348,652		951,820
Biodel, Inc. (a)	20,123		54,936
Biodelivery Sciences International, Inc. (a)	71,558		269,774
BioSante Pharmaceuticals, Inc. (a)(d)	58,183		76,220
Cadence Pharmaceuticals, Inc. (a)(d)	134,049		656,840
Cempra, Inc.	24,510		159,805
Columbia Laboratories, Inc. (a)	152,776		94,293
Corcept Therapeutics, Inc. (a)(d)	163,339		266,243
Cornerstone Therapeutics, Inc. (a)	21,886		145,980
Cumberland Pharmaceuticals, Inc. (a)	32,551		142,573
DepoMed, Inc. (a)(d)	128,941		834,248
Durect Corp. (a)	192,572		215,681
Echo Therapeutics, Inc. (a)(d)	90,982		68,237
Endo Health Solutions, Inc. (a)	291,763		9,044,653
Endocyte, Inc. (a)	78,763		760,063

	Shares		Value
Heska Corp.	6,758		$ 54,807
Hi-Tech Pharmacal Co., Inc.	29,611		1,095,903
Horizon Pharma, Inc. (d)	101,692		214,570
Impax Laboratories, Inc. (a)	164,829		3,268,559
Jazz Pharmaceuticals PLC (a)(d)	119,184		6,934,125
Lannett Co., Inc. (a)	38,740		319,992
MAP Pharmaceuticals, Inc. (a)(d)	68,332		1,708,300
Nektar Therapeutics (a)(d)	302,419		2,803,424
NovaBay Pharmaceuticals, Inc. (a)	72,124		88,713
NuPathe, Inc. (a)(d)	56,740		185,540
Obagi Medical Products, Inc. (a)	38,431		518,050
Omeros Corp. (a)(d)	54,848		297,825
Optimer Pharmaceuticals, Inc. (a)(d)	124,619		1,510,382
Pacira Pharmaceuticals, Inc. (a)(d)	58,450		1,277,717
Pain Therapeutics, Inc.	81,649		239,232
Pernix Therapeutics Holdings, Inc. (a)(d)	16,867		100,527
Pozen, Inc. (a)	81,989		507,512
Questcor Pharmaceuticals, Inc. (d)	150,099		4,893,227
Repros Therapeutics, Inc. (a)(d)	38,258		449,532
Sagent Pharmaceuticals, Inc. (a)	30,621		502,184
Salix Pharmaceuticals Ltd. (a)	128,042		6,254,852
Santarus, Inc. (a)	124,722		1,655,061
SciClone Pharmaceuticals, Inc. (a)(d)	131,167		624,355
Somaxon Pharmaceuticals, Inc. (a)(d)	9,062		25,736
Sucampo Pharmaceuticals, Inc. Class A (a)	31,122		159,033
Supernus Pharmaceuticals, Inc. (a)(d)	40,527		310,437
The Medicines Company (a)	135,414		4,307,519
Transcept Pharmaceuticals, Inc. (a)	34,975		202,855
Ventrus Biosciences, Inc. (a)(d)	45,264		138,508
ViroPharma, Inc. (a)(d)	176,620		4,404,903
VIVUS, Inc. (a)(d)	256,380		2,748,394
Warner Chilcott PLC	445,274		6,015,652
XenoPort, Inc. (a)	106,787		815,853
Zoetis, Inc. Class A (d)	211,300		7,067,985
Zogenix, Inc. (a)(d)	158,950		297,237
			81,272,078
TOTAL HEALTH CARE			857,312,452
INDUSTRIALS - 15.3%
Aerospace & Defense - 1.4%
AAR Corp.	104,918		1,843,409
AeroVironment, Inc. (a)(d)	58,230		1,288,048
Alliant Techsystems, Inc.	88,425		5,818,365
American Science & Engineering, Inc.	23,785		1,487,514
API Technologies Corp. (a)	67,799		177,633
Ascent Solar Technologies, Inc. (a)(d)	112,670		73,236
Astronics Corp. (a)	27,943		769,830
Astrotech Corp. (a)	39,511		32,794
BE Aerospace, Inc. (a)	263,520		13,863,787
Breeze Industrial Products Corp. (a)	10,964		89,357
CPI Aerostructures, Inc. (a)	13,911		123,808
Cubic Corp.	43,040		1,796,490
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Aerospace & Defense - continued
Curtiss-Wright Corp.	124,901		$ 4,335,314
DigitalGlobe, Inc. (a)	187,731		4,896,024
Ducommun, Inc. (a)	21,976		340,628
EDAC Technologies Corp. (a)(d)	23,390		357,867
Engility Holdings, Inc. (a)(d)	38,954		735,062
Esterline Technologies Corp. (a)	78,591		5,417,278
Exelis, Inc.	480,809		4,961,949
GenCorp, Inc. (non-vtg.) (a)(d)	150,086		1,808,536
HEICO Corp. Class A	108,929		3,627,336
Hexcel Corp. (a)	258,459		7,043,008
Huntington Ingalls Industries, Inc.	124,561		5,983,910
Innovative Solutions & Support, Inc.	13,417		61,450
KEYW Holding Corp. (a)(d)	62,569		907,251
Kratos Defense & Security Solutions, Inc. (a)	125,424		530,544
LMI Aerospace, Inc. (a)	26,052		577,052
Moog, Inc. Class A (a)(d)	117,980		5,304,381
National Presto Industries, Inc. (d)	11,507		874,417
Orbital Sciences Corp. (a)	153,534		2,269,233
SIFCO Industries, Inc.	1,004		16,104
Sparton Corp. (a)	27,651		396,515
Spirit AeroSystems Holdings, Inc. Class A (a)	289,178		5,034,589
Sypris Solutions, Inc.	19,374		80,208
Taser International, Inc. (a)(d)	148,024		1,102,779
Teledyne Technologies, Inc. (a)	97,975		7,209,001
TransDigm Group, Inc.	113,937		16,217,793
Triumph Group, Inc.	125,378		9,203,999
			116,656,499
Air Freight & Logistics - 0.2%
Air Transport Services Group, Inc. (a)	147,619		814,857
Atlas Air Worldwide Holdings, Inc. (a)	67,651		3,192,451
Echo Global Logistics, Inc. (a)	37,459		698,610
Forward Air Corp.	75,798		2,859,101
Hub Group, Inc. Class A (a)	88,813		3,350,914
Pacer International, Inc. (a)(d)	104,856		435,152
Park-Ohio Holdings Corp. (a)	19,844		403,627
Radiant Logistics, Inc. (a)(d)	37,185		80,320
UTI Worldwide, Inc.	270,943		4,126,462
XPO Logistics, Inc. (a)(d)	44,583		776,636
			16,738,130
Airlines - 1.0%
Alaska Air Group, Inc. (a)	177,402		9,145,073
Allegiant Travel Co.	44,093		3,540,227
Delta Air Lines, Inc. (a)	2,154,418		30,743,545
Hawaiian Holdings, Inc. (a)	198,497		1,123,493
JetBlue Airways Corp. (a)(d)	542,876		3,289,829
Republic Airways Holdings, Inc. (a)	96,210		905,336
SkyWest, Inc.	136,727		1,914,178
Spirit Airlines, Inc. (a)	117,043		2,370,121

	Shares		Value
United Continental Holdings, Inc. (a)(d)	848,247		$ 22,656,677
US Airways Group, Inc. (a)(d)	408,105		5,480,850
			81,169,329
Building Products - 0.9%
A.O. Smith Corp. (d)	97,665		6,985,977
AAON, Inc.	52,998		1,275,132
Ameresco, Inc. Class A (a)	37,825		314,326
American Woodmark Corp. (a)	23,542		755,698
Apogee Enterprises, Inc.	75,723		1,952,896
Armstrong World Industries, Inc.	55,055		2,814,962
Builders FirstSource, Inc. (a)(d)	140,285		848,724
Fortune Brands Home & Security, Inc. (a)	411,448		14,215,528
Gibraltar Industries, Inc. (a)	77,978		1,337,323
Griffon Corp.	118,467		1,335,123
Insteel Industries, Inc.	42,106		669,064
Lennox International, Inc.	121,219		7,160,406
NCI Building Systems, Inc. (a)	46,116		753,997
Nortek, Inc. (a)	38,111		2,741,705
Owens Corning (a)	297,245		11,536,078
Patrick Industries, Inc. (a)	26,243		347,982
PGT, Inc. (a)	39,408		227,384
Quanex Building Products Corp.	100,861		2,008,143
Simpson Manufacturing Co. Ltd.	103,993		3,026,196
Trex Co., Inc. (a)	41,611		1,965,704
Universal Forest Products, Inc.	48,657		1,974,501
USG Corp. (a)(d)	227,717		6,426,174
			70,673,023
Commercial Services & Supplies - 1.6%
A.T. Cross Co. Class A (a)	14,209		173,492
ABM Industries, Inc.	133,763		3,036,420
ACCO Brands Corp. (d)	281,333		2,109,998
Acme United Corp.	1,357		16,963
Acorn Energy, Inc. (d)	65,930		429,204
Amrep Corp. (a)	2,187		19,005
ARC Document Solutions, Inc. (a)	75,972		170,937
Avalon Holdings Corp. Class A (a)	128		516
Casella Waste Systems, Inc. Class A (a)	82,726		387,158
CECO Environmental Corp.	12,938		139,730
Cenveo, Inc. (a)(d)	149,628		314,219
Clean Harbors, Inc. (a)(d)	133,807		6,891,061
Command Security Corp. (a)	4,127		8,254
CompX International, Inc. Class A	729		10,301
Consolidated Graphics, Inc. (a)	28,556		1,102,262
Copart, Inc. (a)	283,802		9,689,000
Corrections Corp. of America	249,536		9,569,706
Courier Corp.	28,388		356,269
Covanta Holding Corp.	329,974		6,454,291
Deluxe Corp.	131,004		5,198,239
Ecology & Environment, Inc. Class A	5,634		71,834
EnergySolutions, Inc. (a)	216,256		804,472
EnerNOC, Inc. (a)(d)	58,407		963,131
Ennis, Inc.	62,398		977,153
Food Technology Service, Inc. (a)	11,431		57,955
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Commercial Services & Supplies - continued
Fuel Tech, Inc. (a)	72,552		$ 321,405
G&K Services, Inc. Class A	46,590		1,941,405
Healthcare Services Group, Inc.	174,544		4,206,510
Heritage-Crystal Clean, Inc. (a)	21,398		315,621
Herman Miller, Inc.	148,937		3,574,488
HNI Corp.	119,118		3,759,364
Hudson Technologies, Inc. (a)(d)	28,458		123,792
Humitech International Group, Inc. (a)	75		0
Industrial Services of America, Inc. (a)(d)	12,843		38,529
InnerWorkings, Inc. (a)(d)	95,061		1,404,051
Interface, Inc.	147,065		2,692,760
Intersections, Inc.	42,827		449,255
KAR Auction Services, Inc.	206,771		4,387,681
Kimball International, Inc. Class B (d)	72,750		670,028
Knoll, Inc.	116,160		1,977,043
McGrath RentCorp.	56,348		1,661,703
Metalico, Inc. (a)	92,179		151,174
Mine Safety Appliances Co.	81,018		3,795,693
Mobile Mini, Inc. (a)(d)	96,079		2,586,447
Multi-Color Corp.	31,465		759,250
NL Industries, Inc.	19,361		247,821
Performant Financial Corp. (d)	28,168		373,226
Perma-Fix Environmental Services, Inc. (a)	121,671		110,721
Quad/Graphics, Inc. (d)	71,598		1,557,257
R.R. Donnelley & Sons Co. (d)	468,813		4,894,408
Rollins, Inc.	179,548		4,400,721
Schawk, Inc. Class A	27,510		296,008
Standard Parking Corp. (a)	32,024		664,658
Standard Register Co.	38,184		20,238
Steelcase, Inc. Class A	202,661		2,867,653
Swisher Hygiene, Inc. (Canada) (a)(d)	280,336		395,273
Team, Inc. (a)	47,239		2,071,903
Tetra Tech, Inc. (a)	166,530		4,806,056
The Brink's Co.	122,492		3,239,913
TMS International Corp. (a)	32,866		452,893
TRC Companies, Inc. (a)	38,382		247,180
Unifirst Corp. Massachusetts	36,491		3,048,458
United Stationers, Inc.	100,653		3,643,639
US Ecology, Inc.	55,220		1,373,321
Versar, Inc. (a)	11,390		51,483
Viad Corp.	54,545		1,497,806
Virco Manufacturing Co. (a)	4,818		12,575
Waste Connections, Inc.	314,949		10,774,405
			130,815,385
Construction & Engineering - 0.8%
AECOM Technology Corp. (a)	271,572		8,231,347
Aegion Corp. (a)(d)	104,477		2,510,582
Argan, Inc.	22,538		377,061
Comfort Systems USA, Inc.	92,893		1,159,305
Dycom Industries, Inc. (a)	99,803		2,090,873

	Shares		Value
EMCOR Group, Inc.	165,518		$ 6,384,029
Foster Wheeler AG (a)	276,637		6,655,886
Furmanite Corp. (a)	78,211		466,920
Goldfield Corp.	60,575		226,551
Granite Construction, Inc.	92,482		2,875,265
Great Lakes Dredge & Dock Corp.	138,854		1,353,827
Integrated Electrical Services, Inc. (a)	10,323		59,873
KBR, Inc.	375,620		11,415,092
Layne Christensen Co. (a)	45,631		1,003,426
MasTec, Inc. (a)(d)	175,283		5,274,265
Michael Baker Corp.	16,454		398,845
MYR Group, Inc. (a)	49,455		1,147,851
Northwest Pipe Co. (a)	22,062		526,841
Orion Marine Group, Inc. (a)	67,799		645,446
Pike Electric Corp.	54,412		758,503
Primoris Services Corp.	107,760		2,020,500
Sterling Construction Co., Inc. (a)	38,185		431,491
Tutor Perini Corp. (a)	94,915		1,614,504
UniTek Global Services, Inc. (a)	33,766		118,856
URS Corp.	194,840		8,233,938
Willdan Group, Inc. (a)	13,349		27,766
			66,008,843
Electrical Equipment - 1.3%
Active Power, Inc. (a)	47,662		217,815
Acuity Brands, Inc.	107,141		7,299,516
Allied Motion Technologies, Inc.	14,531		101,717
Altair Nanotechnologies, Inc. (a)(d)	24,072		49,588
American Superconductor Corp. (a)(d)	110,038		318,010
AMETEK, Inc.	618,657		25,878,422
AZZ, Inc.	65,095		2,907,143
Babcock & Wilcox Co.	299,258		8,085,951
Belden, Inc.	114,999		5,791,350
Brady Corp. Class A	110,764		3,771,514
Broadwind Energy, Inc. (a)	35,083		118,230
Capstone Turbine Corp. (a)(d)	859,748		833,956
Coleman Cable, Inc.	32,333		320,420
Digital Power Corp. (a)	4,959		3,422
Ecotality, Inc. (a)(d)	41,249		31,349
Encore Wire Corp.	50,532		1,651,891
EnerSys (a)	130,936		5,352,664
Enphase Energy, Inc. (d)	24,560		121,081
Espey Manufacturing & Electronics Corp.	2,487		64,165
Franklin Electric Co., Inc.	58,175		3,785,447
FuelCell Energy, Inc. (a)(d)	326,527		346,119
Generac Holdings, Inc. (d)	74,996		2,583,612
General Cable Corp. (a)(d)	121,987		4,018,252
Global Power Equipment Group, Inc. (d)	37,928		636,432
GrafTech International Ltd. (a)(d)	333,761		2,466,494
Hubbell, Inc. Class B	133,286		12,383,602
II-VI, Inc. (a)(d)	141,517		2,452,490
Lime Energy Co. (a)(d)	31,271		23,766
LSI Industries, Inc.	51,035		351,631
MagneTek, Inc. (a)	6,645		83,063
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Electrical Equipment - continued
Ocean Power Technologies, Inc. (a)(d)	24,836		$ 48,927
Orion Energy Systems, Inc. (a)	65,072		182,852
Plug Power, Inc. (a)(d)	70,828		12,041
Polypore International, Inc. (a)(d)	120,764		4,622,846
Powell Industries, Inc. (a)(d)	28,189		1,640,882
PowerSecure International, Inc. (a)	41,535		350,971
Preformed Line Products Co.	7,217		511,108
Regal-Beloit Corp.	110,846		8,566,179
Revolution Lighting Technologies, Inc. (a)	32,997		33,987
SL Industries, Inc.	9,878		187,089
SolarCity Corp. (d)	32,926		596,290
Thermon Group Holdings, Inc. (a)(d)	42,206		865,223
Ultralife Corp. (a)	43,594		165,657
Universal Security Instruments, Inc. (a)	4,000		16,720
Vicor Corp. (a)	52,357		276,445
Zbb Energy Corp. (a)(d)	174,198		54,001
			110,180,330
Industrial Conglomerates - 0.2%
Carlisle Companies, Inc.	160,567		10,897,682
Raven Industries, Inc.	95,542		2,697,151
Seaboard Corp.	896		2,556,279
			16,151,112
Machinery - 3.9%
Accuride Corp. (a)	109,296		442,649
Actuant Corp. Class A (d)	193,653		5,888,988
Adept Technology, Inc. (a)	2,678		7,980
AGCO Corp.	244,503		12,587,014
Alamo Group, Inc.	22,876		818,503
Albany International Corp. Class A	75,138		2,145,941
Altra Holdings, Inc.	71,338		1,836,240
American Railcar Industries, Inc.	22,404		977,711
Ampco-Pittsburgh Corp. (d)	25,813		482,961
Art's-Way Manufacturing Co., Inc.	9,831		66,851
Astec Industries, Inc.	56,072		1,996,724
Barnes Group, Inc.	118,006		3,140,140
Blount International, Inc. (a)	122,631		1,848,049
Briggs & Stratton Corp.	124,900		3,055,054
Cascade Corp.	25,406		1,632,336
Chart Industries, Inc. (a)	78,179		5,672,668
Chicago Rivet & Machine Co.	772		16,529
CIRCOR International, Inc.	43,123		1,797,367
CLARCOR, Inc.	129,228		6,589,336
Colfax Corp. (a)(d)	167,438		7,266,809
Columbus McKinnon Corp. (NY Shares) (a)(d)	62,931		1,234,706
Commercial Vehicle Group, Inc. (a)	67,579		533,874
Crane Co.	119,466		6,424,881
Donaldson Co., Inc.	347,229		12,510,661
Douglas Dynamics, Inc.	51,117		726,884
Dynamic Materials Corp.	39,486		667,313

	Shares		Value
Eastern Co.	11,293		$ 187,803
Energy Recovery, Inc. (a)	100,626		495,080
EnPro Industries, Inc. (a)(d)	60,790		2,828,559
ESCO Technologies, Inc.	69,853		2,833,238
ExOne Co. (d)	13,500		367,065
Federal Signal Corp. (a)	176,519		1,376,848
Flow International Corp. (a)	102,629		380,754
FreightCar America, Inc.	47,091		990,324
Gardner Denver, Inc.	128,070		9,091,689
Gorman-Rupp Co.	40,313		1,162,627
Graco, Inc.	150,898		8,767,174
Graham Corp.	27,199		633,465
Greenbrier Companies, Inc. (a)(d)	60,820		1,231,605
Hardinge, Inc.	25,807		337,556
Harsco Corp.	199,789		4,790,940
Hurco Companies, Inc. (a)	14,365		403,944
Hyster-Yale Materials Handling Class A	24,122		1,235,770
IDEX Corp. (d)	207,153		10,550,302
ITT Corp.	227,680		5,994,814
John Bean Technologies Corp.	65,566		1,208,381
Kadant, Inc.	25,872		635,158
Kaydon Corp.	86,633		2,166,691
Kennametal, Inc.	201,189		8,144,131
Key Technology, Inc. (a)	12,346		151,856
L.B. Foster Co. Class A	22,446		991,215
Lincoln Electric Holdings, Inc.	211,800		11,871,390
Lindsay Corp. (d)	33,391		2,853,261
Lydall, Inc. (a)	38,154		574,599
Manitex International, Inc. (a)	28,579		273,787
Manitowoc Co., Inc.	333,099		6,168,993
Meritor, Inc. (a)(d)	237,010		1,042,844
Met-Pro Corp.	50,167		494,647
MFRI, Inc. (a)	13,428		98,696
Middleby Corp. (a)(d)	48,323		7,215,107
Miller Industries, Inc.	29,446		468,780
Mueller Industries, Inc.	72,087		3,833,587
Mueller Water Products, Inc. Class A	422,513		2,374,523
Navistar International Corp. (a)(d)	201,765		5,009,825
NN, Inc. (a)(d)	36,484		315,951
Nordson Corp.	145,604		9,231,294
Omega Flex, Inc.	5,411		75,375
Oshkosh Truck Corp. (a)	232,350		8,959,416
PMFG, Inc. (a)	42,899		290,426
Proto Labs, Inc.	23,157		1,076,569
RBC Bearings, Inc. (a)(d)	57,106		2,846,163
Rexnord Corp.	69,892		1,423,700
Sauer-Danfoss, Inc.	30,572		1,654,557
SPX Corp.	128,848		10,373,552
Standex International Corp.	30,898		1,662,930
Sun Hydraulics Corp.	65,494		1,826,628
Taylor Devices, Inc. (a)	3,820		33,616
Tecumseh Products Co. Class A (non-vtg.) (a)	42,740		387,224
Tennant Co.	48,857		2,280,156
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Machinery - continued
Terex Corp. (a)(d)	281,812		$ 9,246,252
The L.S. Starrett Co. Class A	14,574		159,877
Timken Co.	200,975		10,916,962
Titan International, Inc. (d)	124,067		2,619,054
Toro Co.	154,434		6,964,973
TriMas Corp. (a)	86,923		2,493,821
Trinity Industries, Inc.	196,546		8,498,649
Twin Disc, Inc. (d)	18,379		439,258
Valmont Industries, Inc.	58,823		9,267,564
Wabash National Corp. (a)(d)	208,685		1,990,855
WABCO Holdings, Inc. (a)	159,774		10,979,669
Wabtec Corp.	120,765		11,809,609
Watts Water Technologies, Inc. Class A	71,561		3,359,073
Woodward, Inc.	157,581		5,898,257
WSI Industries, Inc.	5,668		38,769
			316,725,396
Marine - 0.2%
Baltic Trading Ltd.	60,265		221,775
Eagle Bulk Shipping, Inc. (a)(d)	42,249		81,963
Genco Shipping & Trading Ltd. (a)(d)	81,839		210,326
International Shipholding Corp.	22,466		411,352
Kirby Corp. (a)(d)	140,406		10,668,048
Matson, Inc.	108,614		2,792,466
Rand Logistics, Inc. (a)(d)	27,482		156,647
			14,542,577
Professional Services - 1.4%
Acacia Research Corp. (a)	126,439		3,535,234
Advisory Board Co. (a)	89,552		4,550,137
Barrett Business Services, Inc.	16,947		740,245
CBIZ, Inc. (a)(d)	118,229		751,936
CDI Corp.	25,347		417,212
Corporate Executive Board Co.	85,868		4,648,894
CRA International, Inc. (a)	23,173		512,355
CTPartners Executive Search, Inc. (a)	10,063		37,736
DLH Holdings Corp. (a)	2,300		2,530
Dolan Co. (a)	73,005		212,445
Exponent, Inc.	32,601		1,638,852
Franklin Covey Co. (a)	35,617		492,227
FTI Consulting, Inc. (a)	106,450		3,698,073
GP Strategies Corp. (a)	42,212		911,357
Heidrick & Struggles International, Inc.	40,267		547,631
Hill International, Inc. (a)	70,728		241,182
Hudson Global, Inc. (a)	67,394		248,010
Huron Consulting Group, Inc. (a)	58,019		2,273,765
ICF International, Inc. (a)	49,938		1,235,466
IHS, Inc. Class A (a)	133,202		14,152,713
Innovaro, Inc. (a)(d)	10,333		1,808
Insperity, Inc.	58,666		1,663,181
Kelly Services, Inc. Class A (non-vtg.)	67,625		1,194,258
Kforce, Inc.	104,013		1,512,349

	Shares		Value
Korn/Ferry International (a)	120,823		$ 2,236,434
Lightbridge Corp. (a)	24,428		52,520
Luna Innovations, Inc. (a)	26,569		31,086
Manpower, Inc.	200,859		10,966,901
Mastech Holdings, Inc.	2,512		18,815
MISTRAS Group, Inc. (a)	39,766		813,215
National Technical Systems, Inc. (a)	1,200		9,576
Navigant Consulting, Inc. (a)	130,349		1,659,343
Nielsen Holdings B.V.	417,729		14,073,290
Odyssey Marine Exploration, Inc. (a)(d)	151,557		530,450
On Assignment, Inc. (a)(d)	113,398		2,478,880
Pendrell Corp. (a)(d)	419,705		600,178
RCM Technologies, Inc.	26,829		151,852
Resources Connection, Inc.	100,946		1,232,551
RPX Corp. (a)	57,399		680,178
Spherix, Inc. (a)	26		301
Towers Watson & Co.	146,014		9,720,152
TrueBlue, Inc. (a)	98,909		1,917,846
Verisk Analytics, Inc. (a)	371,249		21,725,491
VSE Corp.	9,167		210,016
WageWorks, Inc. (a)	22,582		533,161
			114,861,832
Road & Rail - 1.4%
AMERCO	19,305		2,909,457
Arkansas Best Corp.	60,483		697,974
Avis Budget Group, Inc. (a)(d)	261,009		6,099,780
Celadon Group, Inc.	66,150		1,318,370
Con-way, Inc.	138,902		4,882,405
Covenant Transport Group, Inc. Class A (a)	20,231		120,374
Frozen Food Express Industries, Inc. (a)	33,709		57,305
Genesee & Wyoming, Inc. Class A (a)	108,963		9,754,368
Heartland Express, Inc. (d)	171,278		2,324,242
Hertz Global Holdings, Inc. (a)(d)	760,586		15,173,691
J.B. Hunt Transport Services, Inc. (d)	230,907		16,052,655
Kansas City Southern	278,771		28,705,050
Knight Transportation, Inc.	147,277		2,306,358
Landstar System, Inc.	116,498		6,557,672
Marten Transport Ltd.	61,356		1,270,069
Old Dominion Freight Lines, Inc. (a)	186,709		6,712,189
P.A.M. Transportation Services, Inc.	12,026		123,387
Patriot Transportation Holding, Inc. (a)	15,144		411,614
Quality Distribution, Inc. (a)	56,949		449,328
Roadrunner Transportation Systems, Inc. (a)	39,403		897,600
Saia, Inc. (a)	38,313		1,230,997
Swift Transporation Co. (a)	209,816		2,838,810
Universal Truckload Services, Inc.	18,107		330,272
USA Truck, Inc. (a)	17,441		86,159
Werner Enterprises, Inc.	113,761		2,618,778
YRC Worldwide, Inc. (a)(d)	32,458		198,968
Zipcar, Inc. (a)	65,085		795,990
			114,923,862
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Trading Companies & Distributors - 1.0%
Aceto Corp.	75,715		$ 788,193
AeroCentury Corp. (a)	740		11,840
Air Lease Corp. Class A (d)	173,320		4,709,104
Aircastle Ltd.	140,239		1,889,019
Applied Industrial Technologies, Inc.	104,833		4,550,801
Beacon Roofing Supply, Inc. (a)(d)	118,502		4,372,724
BlueLinx Corp. (a)(d)	34,870		101,820
BlueLinx Corp. rights (a)	34,870		14,626
CAI International, Inc. (a)	38,758		1,069,721
DXP Enterprises, Inc. (a)	33,811		2,103,044
Edgen Group, Inc. Class A	69,427		556,805
Erickson Air-Crane, Inc.	9,487		126,367
Essex Rental Corp. (a)(d)	27,827		112,978
GATX Corp.	116,755		5,820,237
H&E Equipment Services, Inc. (d)	78,968		1,536,717
Houston Wire & Cable Co.	39,527		460,094
Kaman Corp.	68,438		2,388,486
Lawson Products, Inc.	23,255		331,151
MRC Global, Inc.	57,366		1,762,284
MSC Industrial Direct Co., Inc. Class A	117,551		10,029,451
Rush Enterprises, Inc. Class A (a)(d)	86,575		2,121,088
TAL International Group, Inc.	78,794		3,392,082
Textainer Group Holdings Ltd.	56,757		2,295,253
Titan Machinery, Inc. (a)(d)	43,138		1,218,649
Transcat, Inc. (a)	4,695		29,860
United Rentals, Inc. (a)(d)	233,599		12,476,523
Watsco, Inc.	76,098		5,925,751
WESCO International, Inc. (a)(d)	111,012		8,203,787
Willis Lease Finance Corp. (a)	19,324		290,053
			78,688,508
Transportation Infrastructure - 0.0%
Wesco Aircraft Holdings, Inc. (a)(d)	59,559		810,002
TOTAL INDUSTRIALS			1,248,944,828
INFORMATION TECHNOLOGY - 14.8%
Communications Equipment - 1.2%
Acme Packet, Inc. (a)(d)	146,106		4,263,373
ADTRAN, Inc. (d)	161,172		3,600,582
Alliance Fiber Optic Products, Inc.	9,905		109,747
Ambient Corp. (a)(d)	4,086		11,032
American Electric Technologies, Inc. (a)	1,200		5,988
Anaren, Inc. (a)	53,781		1,040,662
Arris Group, Inc. (a)(d)	275,521		4,780,289
Aruba Networks, Inc. (a)(d)	276,504		6,890,480
Aviat Networks, Inc. (a)	141,125		502,405
Aware, Inc.	7,727		38,635
Bel Fuse, Inc. Class B (non-vtg.)	23,302		388,211
Black Box Corp.	57,867		1,403,853

	Shares		Value
Brocade Communications Systems, Inc. (a)	1,157,149		$ 6,491,606
CalAmp Corp. (a)	65,195		713,885
Calix Networks, Inc. (a)(d)	75,213		644,575
Ciena Corp. (a)(d)	247,836		3,777,021
Clearfield, Inc. (a)	20,779		114,908
ClearOne, Inc. (a)	5,738		37,240
Communications Systems, Inc.	7,926		84,808
Comtech Telecommunications Corp.	62,000		1,660,360
Dialogic, Inc. (a)	8,251		17,080
Digi International, Inc. (a)	59,093		582,657
EchoStar Holding Corp. Class A (a)	114,498		4,332,604
EMCORE Corp. (a)(d)	83,286		485,557
Emulex Corp. (a)	242,671		1,565,228
Entrada Networks, Inc. (a)	292		0
Extreme Networks, Inc. (a)	291,313		1,019,596
Finisar Corp. (a)(d)	234,487		3,435,235
Globecomm Systems, Inc. (a)(d)	50,981		618,909
Harmonic, Inc. (a)	368,487		2,096,691
Infinera Corp. (a)(d)	276,140		1,792,149
InterDigital, Inc.	107,858		4,788,895
Ixia (a)(d)	132,326		2,683,571
KVH Industries, Inc. (a)(d)	38,479		512,540
Lantronix, Inc. (a)	2,994		5,898
Loral Space & Communications Ltd.	31,853		1,855,119
Meru Networks, Inc. (a)(d)	34,816		155,628
NETGEAR, Inc. (a)	98,312		3,347,524
NumereX Corp. Class A (a)	22,215		273,022
Oclaro, Inc. (a)(d)	193,484		257,334
Oplink Communications, Inc. (a)	41,842		642,693
Optical Cable Corp.	11,466		46,323
Palo Alto Networks, Inc. (d)	84,383		5,158,333
Parkervision, Inc. (a)(d)	198,476		791,919
PC-Tel, Inc.	41,380		286,350
Performance Technologies, Inc. (a)	4,304		4,007
Plantronics, Inc.	110,217		4,448,358
Polycom, Inc. (a)	433,677		3,950,797
Procera Networks, Inc. (a)	56,021		655,446
Relm Wireless Corp. (a)	22,872		49,632
Riverbed Technology, Inc. (a)	405,439		6,195,108
Ruckus Wireless, Inc. (d)	20,502		437,923
ShoreTel, Inc. (a)(d)	146,587		595,143
Sonus Networks, Inc. (a)	711,127		1,742,261
Sycamore Networks, Inc. (d)	78,342		178,620
Symmetricom, Inc. (a)	84,462		417,242
Technical Communications Corp.	2,835		11,822
Tellabs, Inc.	876,094		1,778,471
Telular Corp.	34,165		340,283
Tessco Technologies, Inc.	20,333		462,982
Ubiquiti Networks, Inc. (d)	28,412		391,233
ViaSat, Inc. (a)(d)	102,613		4,818,706
Westell Technologies, Inc. Class A (a)	132,720		241,550
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Communications Equipment - continued
Zhone Technologies, Inc. (a)	52,950		$ 47,126
Zoom Technologies, Inc. (a)(d)	47,286		34,046
			100,111,271
Computers & Peripherals - 0.6%
3D Systems Corp. (a)(d)	188,076		6,951,289
Avid Technology, Inc. (a)(d)	74,098		513,499
Concurrent Computer Corp.	10,743		75,094
Cray, Inc. (a)	92,594		1,791,694
Crossroads Systems, Inc. (a)	24,612		39,379
Datalink Corp. (a)	37,984		394,274
Dataram Corp. (a)	23,649		8,041
Diebold, Inc.	165,548		4,675,076
Dot Hill Systems Corp. (a)	105,073		136,595
Electronics for Imaging, Inc. (a)	119,049		2,745,270
Fusion-io, Inc. (a)(d)	178,187		3,007,797
Hauppauge Digital, Inc. (a)	28,370		23,547
Hutchinson Technology, Inc. (a)(d)	81,684		231,166
iGO, Inc. (a)	5,749		18,109
Imation Corp. (a)	76,999		262,567
Immersion Corp. (a)(d)	76,301		510,454
Intermec, Inc. (a)	138,904		1,375,150
Interphase Corp. (a)	11,825		25,897
Intevac, Inc. (a)	55,110		263,426
Lexmark International, Inc. Class A	163,360		3,597,187
NCR Corp. (a)	402,068		11,089,035
Novatel Wireless, Inc. (a)	94,259		204,542
OCZ Technology Group, Inc. (a)(d)	152,118		263,164
Overland Storage, Inc. (a)	57,061		63,908
QLogic Corp. (a)	236,741		2,694,113
Quantum Corp. (a)(d)	702,910		885,667
Rimage Corp.	32,359		220,688
Silicon Graphics International Corp. (a)(d)	85,074		1,280,364
STEC, Inc. (a)	87,553		422,005
Super Micro Computer, Inc. (a)(d)	69,717		815,689
Synaptics, Inc. (a)(d)	84,688		2,943,755
Transact Technologies, Inc.	18,832		148,773
USA Technologies, Inc. (a)(d)	79,221		194,091
Xplore Technologies Corp. (a)	5,105		18,582
			47,889,887
Electronic Equipment & Components - 2.0%
ADDvantage Technologies Group, Inc. (a)	11,928		26,838
Advanced Photonix, Inc. Class A (a)	41,087		16,846
Aeroflex Holding Corp. (a)	62,535		578,449
Agilysys, Inc. (a)	46,798		431,010
Anixter International, Inc.	63,144		4,351,884
Arrow Electronics, Inc. (a)	268,414		10,776,822
Audience, Inc.	22,271		303,776
Avnet, Inc. (a)	347,141		12,257,549
AVX Corp.	155,839		1,835,783

	Shares		Value
Badger Meter, Inc.	45,332		$ 2,301,052
Benchmark Electronics, Inc. (a)	158,358		2,758,596
Checkpoint Systems, Inc. (a)(d)	94,410		1,119,703
ClearSign Combustion Corp. (a)	6,607		33,630
Cognex Corp.	105,565		4,348,222
Coherent, Inc.	59,994		3,465,253
CTS Corp.	70,681		692,674
CUI Global, Inc. (a)	116		636
Daktronics, Inc.	90,602		925,046
Digital Ally, Inc. (a)	4,790		19,687
Document Security Systems, Inc. (a)(d)	42,498		95,621
Dolby Laboratories, Inc. Class A (d)	120,829		3,852,029
DTS, Inc. (a)(d)	52,729		1,049,307
Dynasil Corp. of America (a)	9,408		8,279
Echelon Corp. (a)	68,729		180,757
Electro Rent Corp.	46,174		747,095
Electro Scientific Industries, Inc.	54,174		596,456
eMagin Corp.	60,537		192,508
Fabrinet (a)	61,256		1,005,211
FARO Technologies, Inc. (a)(d)	49,501		2,096,367
FEI Co.	98,125		6,215,238
Frequency Electronics, Inc.	13,041		132,888
Giga-Tronics, Inc. (a)	4,585		7,474
I. D. Systems Inc. (a)	33,896		213,884
Identive Group, Inc. (a)(d)	118,347		171,603
IEC Electronics Corp. (a)	18,101		110,778
Image Sensing Systems, Inc. (a)	2,863		15,374
Ingram Micro, Inc. Class A (a)	374,327		7,059,807
Insight Enterprises, Inc. (a)	117,199		2,252,565
Intelli-Check, Inc. (a)(d)	25,728		20,582
IntriCon Corp. (a)	1,667		7,802
InvenSense, Inc. (a)(d)	87,954		1,057,207
IPG Photonics Corp. (d)	75,217		4,459,616
Iteris, Inc. (a)	52,448		91,784
Itron, Inc. (a)	100,179		4,214,531
KEMET Corp. (a)	129,653		838,855
KEY Tronic Corp. (a)	21,607		229,682
LGL Group, Inc. (a)	3,009		16,128
LightPath Technologies, Inc. Class A (a)	1,150		934
Littelfuse, Inc.	54,992		3,638,821
LoJack Corp. (a)	47,516		142,548
LRAD Corp. (a)	62,271		72,234
Maxwell Technologies, Inc. (a)(d)	78,927		690,611
Measurement Specialties, Inc. (a)(d)	38,164		1,386,116
Mercury Systems, Inc. (a)(d)	74,095		507,551
Mesa Laboratories, Inc.	5,851		310,454
Methode Electronics, Inc. Class A	85,089		1,115,517
MicroVision, Inc. (a)(d)	38,532		65,890
MOCON, Inc.	7,499		107,761
MTS Systems Corp.	39,155		2,114,370
Multi-Fineline Electronix, Inc. (a)	21,997		336,114
Napco Security Technolgies, Inc. (a)	17,472		65,869
National Instruments Corp.	241,839		7,274,517
Neonode, Inc. (a)(d)	53,267		283,913
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Electronic Equipment & Components - continued
NetList, Inc. (a)(d)	52,442		$ 40,905
Newport Corp. (a)	100,909		1,649,862
OSI Systems, Inc. (a)	47,544		2,739,961
Par Technology Corp. (a)	27,309		125,075
Parametric Sound Corp. (a)(d)	4,660		54,941
Park Electrochemical Corp.	43,720		1,106,116
PC Connection, Inc.	44,665		640,496
PC Mall, Inc. (a)	19,862		141,020
Perceptron, Inc.	25,360		156,725
Planar Systems, Inc. (a)	44,256		85,414
Plexus Corp. (a)	91,021		2,217,272
Power-One, Inc. (a)(d)	309,551		1,318,687
Pulse Electronics Corp. (a)	91,084		35,341
RadiSys Corp. (a)	64,186		268,939
RealD, Inc. (a)(d)	124,761		1,452,218
Research Frontiers, Inc. (a)(d)	45,641		149,702
RF Industries Ltd.	13,982		80,397
Richardson Electronics Ltd.	36,856		440,798
Rofin-Sinar Technologies, Inc. (a)(d)	70,385		1,870,129
Rogers Corp. (a)	40,714		1,942,465
Sanmina Corp. (a)	230,139		2,356,623
ScanSource, Inc. (a)	72,619		2,179,296
Sigmatron International, Inc. (a)	762		4,496
Superconductor Technologies, Inc. (a)(d)	141,606		27,627
SYNNEX Corp. (a)(d)	61,037		2,327,341
Tech Data Corp. (a)	104,357		5,537,182
Trimble Navigation Ltd. (a)	319,749		19,002,683
TTM Technologies, Inc. (a)	122,204		1,002,073
Uni-Pixel, Inc. (a)(d)	21,829		515,164
Universal Display Corp. (a)(d)	104,153		3,268,321
Viasystems Group, Inc. (a)	12,420		176,116
Vishay Intertechnology, Inc. (a)(d)	363,544		4,795,145
Vishay Precision Group, Inc. (a)	27,407		385,068
Wayside Technology Group, Inc.	460		5,874
Wireless Ronin Technologies, Inc. (a)	11,934		51,078
Wireless Telecom Group, Inc. (a)	11,376		15,130
Zygo Corp. (a)	43,493		622,820
			160,084,604
Internet Software & Services - 2.4%
Active Network, Inc. (a)(d)	102,886		482,535
Angie's List, Inc. (a)(d)	85,462		1,457,982
AOL, Inc. (d)	213,767		7,888,002
Autobytel, Inc. (a)	18,975		86,526
Bankrate, Inc. (a)(d)	106,485		1,197,956
Bazaarvoice, Inc. (d)	84,138		588,966
Blucora, Inc. (a)	102,827		1,593,819
Bridgeline Digital, Inc. (a)(d)	24,241		34,422
Brightcove, Inc. (d)	28,586		180,092
BroadVision, Inc. (a)(d)	7,417		60,597
Carbonite, Inc. (a)(d)	42,143		413,844
comScore, Inc. (a)(d)	102,141		1,628,128

	Shares		Value
Constant Contact, Inc. (a)(d)	78,162		$ 1,104,429
Cornerstone OnDemand, Inc. (a)	79,215		2,682,220
CoStar Group, Inc. (a)(d)	70,366		7,088,671
Crexendo, Inc.	12,555		33,899
DealerTrack Holdings, Inc. (a)	114,747		3,383,889
Demand Media, Inc. (a)(d)	91,995		745,160
Demandware, Inc. (d)	19,741		522,149
Dice Holdings, Inc. (a)(d)	127,377		1,227,914
Digital River, Inc. (a)	90,961		1,295,285
E2open, Inc. (d)	11,778		232,733
EarthLink, Inc.	265,160		1,540,580
eGain Communications Corp. (a)	32,997		263,646
Equinix, Inc. (a)(d)	123,996		26,231,354
ExactTarget, Inc.	58,790		1,311,017
Facebook, Inc. Class A	1,400,725		38,169,756
FriendFinder Networks, Inc. (a)(d)	90,515		56,907
GlowPoint, Inc. (a)	51,449		82,318
IAC/InterActiveCorp	208,895		8,512,471
Internap Network Services Corp. (a)(d)	129,788		1,126,560
Internet Media Services, Inc. (a)	7,375		148
Internet Patents Corp.	283		1,090
IntraLinks Holdings, Inc. (a)	118,223		695,151
Inuvo, Inc. (a)	37,507		26,292
iPass, Inc. (a)	114,238		229,618
j2 Global, Inc.	119,133		4,250,665
Keynote Systems, Inc.	36,547		558,438
Limelight Networks, Inc. (a)(d)	135,298		286,832
LinkedIn Corp. (a)	171,873		28,905,601
Liquidity Services, Inc. (a)(d)	60,291		2,052,909
LivePerson, Inc. (a)(d)	124,882		1,807,043
Local Corp. (a)(d)	49,826		83,209
LogMeIn, Inc. (a)(d)	55,363		988,783
LookSmart Ltd. (a)	44,306		37,261
Marchex, Inc. Class B (d)	52,192		197,286
Market Leader, Inc. (a)	52,432		390,094
MeetMe, Inc. (a)(d)	65,453		168,214
Millennial Media, Inc.	34,351		321,869
Monster Worldwide, Inc. (a)(d)	297,066		1,520,978
Move, Inc. (a)	106,256		1,037,059
NIC, Inc. (d)	152,343		2,699,518
Onvia.com, Inc. (a)	2,326		8,676
OpenTable, Inc. (a)(d)	57,795		3,213,402
Perficient, Inc. (a)	85,096		985,412
QuinStreet, Inc. (a)(d)	73,086		418,783
Rackspace Hosting, Inc. (a)	277,030		15,474,896
RealNetworks, Inc. (a)	63,414		461,020
Reis, Inc. (a)	17,421		265,670
Responsys, Inc. (a)	76,743		619,316
Saba Software, Inc. (a)	73,699		644,129
SciQuest, Inc. (a)	44,604		854,167
Selectica, Inc. (a)	2,268		23,655
Spark Networks, Inc. (a)(d)	9,898		71,464
SPS Commerce, Inc. (a)	34,967		1,307,416
Stamps.com, Inc. (a)	52,541		1,281,475
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Internet Software & Services - continued
Support.com, Inc. (a)	144,855		$ 564,935
Synacor, Inc. (d)	22,818		75,071
TechTarget, Inc. (a)	30,780		149,591
TheStreet.com, Inc.	58,323		107,898
Travelzoo, Inc. (a)(d)	22,916		482,840
Trulia, Inc. (d)	14,706		350,591
United Online, Inc.	227,052		1,339,607
Unwired Planet, Inc. (a)(d)	210,780		423,668
ValueClick, Inc. (a)(d)	186,200		4,965,954
Vocus, Inc. (a)(d)	57,794		811,428
Web.com Group, Inc. (a)(d)	85,039		1,452,466
WebMD Health Corp. (a)	125,513		2,773,837
WebMediaBrands, Inc. (a)	5,114		8,285
World Energy Solutions, Inc. (a)	2,295		8,423
XO Group, Inc. (a)(d)	65,794		602,015
Yelp, Inc. (d)	41,494		920,752
Zix Corp. (a)	168,463		633,421
			198,782,148
IT Services - 2.1%
Acxiom Corp. (a)	190,484		3,468,714
Alliance Data Systems Corp. (a)(d)	124,842		19,811,177
Analysts International Corp. (a)	4,541		16,665
Booz Allen Hamilton Holding Corp. Class A (d)	105,968		1,356,390
Broadridge Financial Solutions, Inc.	303,552		6,966,518
CACI International, Inc. Class A (a)(d)	63,775		3,236,581
Cardtronics, Inc. (a)	115,286		3,038,939
Cass Information Systems, Inc.	23,141		989,278
Ciber, Inc. (a)	139,655		621,465
Computer Task Group, Inc. (d)	35,213		700,739
Convergys Corp. (d)	288,092		4,779,446
CoreLogic, Inc. (a)	261,395		6,772,744
CSG Systems International, Inc. (a)(d)	89,895		1,744,862
CSP, Inc.	3,555		24,174
DST Systems, Inc.	76,200		5,175,504
Dynamics Research Corp. (a)	25,485		150,616
Edgewater Technology, Inc. (a)	11,761		45,986
EPAM Systems, Inc.	33,126		694,983
Euronet Worldwide, Inc. (a)(d)	123,144		2,972,696
ExlService Holdings, Inc. (a)	67,087		2,030,723
FleetCor Technologies, Inc. (a)	105,409		7,358,602
Forrester Research, Inc.	32,652		896,624
Gartner, Inc. Class A (a)(d)	238,446		11,865,073
Genpact Ltd.	340,401		5,994,462
Global Cash Access Holdings, Inc. (a)	167,540		1,189,534
Global Payments, Inc.	201,841		9,730,755
Hackett Group, Inc.	102,623		475,144
Heartland Payment Systems, Inc.	94,656		2,943,802
Higher One Holdings, Inc. (a)(d)	83,069		742,637
iGate Corp. (a)	77,401		1,479,133
Information Services Group, Inc. (a)	46,725		62,612

	Shares		Value
Innodata, Inc. (a)	58,124		$ 202,853
Jack Henry & Associates, Inc.	214,047		9,358,135
Lender Processing Services, Inc.	211,663		5,198,443
Lionbridge Technologies, Inc. (a)	146,424		559,340
ManTech International Corp. Class A (d)	65,288		1,619,795
Mattersight Corp. (a)(d)	15,883		72,426
Maximus, Inc.	88,092		6,411,336
ModusLink Global Solutions, Inc. (a)	101,501		292,323
MoneyGram International, Inc. (a)	51,816		839,937
NCI, Inc. Class A (a)	29,120		146,474
NeuStar, Inc. Class A (a)(d)	169,803		7,445,862
Newtek Business Services, Inc. (a)	5,503		10,291
Official Payments Holdings, Inc. (a)	27,138		158,757
Online Resources Corp. (a)(d)	78,643		301,203
PFSweb, Inc. (a)	60,946		210,264
PRG-Schultz International, Inc. (a)	45,131		293,352
Rainmaker Systems, Inc. (a)	15,480		10,093
Sapient Corp. (a)	279,486		3,135,833
ServiceSource International, Inc. (a)	138,958		878,215
StarTek, Inc. (a)	22,269		111,790
Storage Engine, Inc. (a)	500		0
Sykes Enterprises, Inc. (a)	94,516		1,404,508
Syntel, Inc.	45,523		2,738,664
Teletech Holdings, Inc. (a)	95,903		1,794,345
The Management Network Group, Inc. (a)	2,929		10,222
Unisys Corp. (a)	108,006		2,481,978
Vantiv, Inc.	118,855		2,586,285
VeriFone Systems, Inc. (a)	272,349		5,166,461
Virtusa Corp. (a)	53,287		1,116,363
WEX, Inc. (a)(d)	99,841		7,489,073
WidePoint Corp. (a)	102,981		61,789
WPCS International, Inc. (a)(d)	38,998		15,209
			169,458,197
Office Electronics - 0.1%
Zebra Technologies Corp. Class A (a)	126,750		5,668,260
Semiconductors & Semiconductor Equipment - 2.5%
Advanced Energy Industries, Inc. (a)	92,550		1,669,602
AEHR Test Systems (a)	9,000		8,100
Aetrium, Inc. (a)	6,743		5,057
Amkor Technology, Inc. (a)(d)	216,408		876,452
Amtech Systems, Inc. (a)(d)	19,914		79,457
ANADIGICS, Inc. (a)	156,061		329,289
Applied Micro Circuits Corp. (a)	210,775		1,675,661
Atmel Corp. (a)	1,129,746		7,682,273
ATMI, Inc. (a)	76,660		1,678,854
Axcelis Technologies, Inc. (a)	244,233		278,426
AXT, Inc. (a)	91,754		261,499
Brooks Automation, Inc.	168,253		1,701,038
BTU International, Inc. (a)	13,926		40,525
Cabot Microelectronics Corp. (d)	60,424		2,064,688
Cascade Microtech, Inc. (a)	15,468		110,287
Cavium, Inc. (a)	128,613		4,748,392
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Semiconductors & Semiconductor Equipment - continued
Ceva, Inc. (a)	52,616		$ 796,080
Cirrus Logic, Inc. (a)(d)	167,840		4,034,874
Cohu, Inc.	53,812		541,349
Cree, Inc. (a)(d)	296,946		13,430,868
CVD Equipment Corp. (a)(d)	8,902		90,800
CyberOptics Corp. (a)	9,297		60,338
Cymer, Inc. (a)	79,116		7,822,990
Cypress Semiconductor Corp. (d)	376,336		3,962,818
DayStar Technologies, Inc. (a)	3,735		4,482
Diodes, Inc. (a)(d)	100,150		1,995,990
DSP Group, Inc. (a)	46,628		337,587
Entegris, Inc. (a)	357,751		3,402,212
Entropic Communications, Inc. (a)	218,133		961,967
Exar Corp. (a)	117,125		1,376,219
Fairchild Semiconductor International, Inc. (a)	311,027		4,435,245
FormFactor, Inc. (a)	119,495		599,865
GigOptix, Inc. (a)	52,290		57,519
GSI Technology, Inc. (a)	42,569		273,293
GT Advanced Technologies, Inc. (a)(d)	320,977		917,994
Hittite Microwave Corp. (a)(d)	77,384		5,016,031
Ikanos Communications, Inc. (a)	115,443		200,871
Inphi Corp. (a)	47,066		454,658
Integrated Device Technology, Inc. (a)	372,872		2,535,530
Integrated Silicon Solution, Inc. (a)(d)	60,108		510,918
Intermolecular, Inc. (a)	38,814		375,331
International Rectifier Corp. (a)(d)	185,703		3,903,477
Intersil Corp. Class A	336,120		2,853,659
Intest Corp.	34,005		114,937
IXYS Corp.	59,965		597,851
Kopin Corp. (a)(d)	153,988		495,841
Kulicke & Soffa Industries, Inc. (a)	219,474		2,374,709
Lattice Semiconductor Corp. (a)	288,100		1,348,308
LTX-Credence Corp. (a)	104,147		604,053
M/A-COM Technology Solutions, Inc.	36,240		587,088
Marvell Technology Group Ltd.	1,191,439		12,033,534
Mattson Technology, Inc. (a)(d)	136,613		168,034
Maxim Integrated Products, Inc.	731,782		22,816,963
MaxLinear, Inc. Class A (a)	55,325		325,311
MEMC Electronic Materials, Inc. (a)	570,025		2,821,624
MEMSIC, Inc. (a)	20,654		71,050
Micrel, Inc. (d)	106,931		1,124,914
Microsemi Corp. (a)	233,279		4,812,546
Mindspeed Technologies, Inc. (a)(d)	83,459		371,393
MKS Instruments, Inc.	138,930		3,770,560
Monolithic Power Systems, Inc. (d)	82,168		2,020,511
MoSys, Inc. (a)(d)	79,294		275,150
Nanometrics, Inc. (a)	47,327		698,073
NeoPhotonics Corp. (a)	37,763		189,570
NVE Corp. (a)(d)	11,458		606,816
Omnivision Technologies, Inc. (a)(d)	127,409		1,963,373

	Shares		Value
ON Semiconductor Corp. (a)(d)	1,102,007		$ 8,816,056
PDF Solutions, Inc. (a)	59,811		929,463
Peregrine Semiconductor Corp.	13,204		131,908
Pericom Semiconductor Corp. (a)	65,839		462,190
Photronics, Inc. (a)(d)	140,736		934,487
Pixelworks, Inc. (a)	35,295		85,414
PLX Technology, Inc. (a)	94,818		450,386
PMC-Sierra, Inc. (a)	528,027		3,426,895
Power Integrations, Inc.	76,690		3,206,409
QuickLogic Corp. (a)(d)	98,963		213,760
Rambus, Inc. (a)	282,588		1,593,796
RF Micro Devices, Inc. (a)	692,103		3,190,595
Rubicon Technology, Inc. (a)(d)	35,909		185,290
Rudolph Technologies, Inc. (a)(d)	80,303		884,939
Semtech Corp. (a)(d)	171,967		5,257,031
Sigma Designs, Inc. (a)	73,525		341,891
Silicon Image, Inc. (a)	188,435		868,685
Silicon Laboratories, Inc. (a)(d)	98,854		4,104,418
Skyworks Solutions, Inc. (a)	497,782		10,602,757
Spansion, Inc. Class A	142,425		1,674,918
Spire Corp. (a)	200		149
STR Holdings, Inc. (a)(d)	118,407		236,814
SunPower Corp. (a)(d)	103,185		1,211,392
Supertex, Inc.	23,977		541,640
Tessera Technologies, Inc.	137,632		2,455,355
TranSwitch Corp. (a)	48,274		40,063
TriQuint Semiconductor, Inc. (a)	408,220		1,918,634
Ultra Clean Holdings, Inc. (a)	64,500		380,550
Ultratech, Inc. (a)	70,372		2,883,845
Veeco Instruments, Inc. (a)(d)	104,674		3,340,147
Vitesse Semiconductor Corp. (a)(d)	78,832		164,759
Volterra Semiconductor Corp. (a)	67,755		1,040,039
			205,929,449
Software - 3.9%
Accelrys, Inc. (a)(d)	131,743		1,246,289
ACI Worldwide, Inc. (a)	99,576		4,561,577
Activision Blizzard, Inc.	1,075,164		15,374,845
Actuate Corp. (a)	117,367		705,376
Advent Software, Inc. (a)	77,474		2,029,819
American Software, Inc. Class A	56,018		457,107
ANSYS, Inc. (a)	235,955		17,885,389
Aspen Technology, Inc. (a)	236,103		7,262,528
Astea International, Inc. (a)	13,242		36,416
Asure Software, Inc. (a)	1,517		9,982
Blackbaud, Inc.	118,202		3,286,016
Bottomline Technologies, Inc. (a)(d)	97,921		2,656,597
BroadSoft, Inc. (a)	69,547		1,460,487
BSQUARE Corp. (a)	30,361		89,565
Cadence Design Systems, Inc. (a)(d)	717,690		10,162,490
Callidus Software, Inc. (a)(d)	116,069		504,900
Cinedigm Digital Cinema Corp. (a)	50,701		69,460
CommVault Systems, Inc. (a)	107,042		7,915,756
Compuware Corp. (a)	548,846		6,372,102
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Software - continued
Comverse, Inc.	54,668		$ 1,504,463
Concur Technologies, Inc. (a)(d)	113,580		7,973,316
Cover-All Technologies, Inc. (a)	2,815		3,406
Datawatch Corp. (a)	5,578		60,689
Digimarc Corp.	13,264		296,185
Ebix, Inc. (d)	82,847		1,328,037
Ellie Mae, Inc. (a)	34,300		696,290
Envivio, Inc. (d)	17,506		29,760
EPIQ Systems, Inc.	103,997		1,293,723
ePlus, Inc.	9,557		439,240
Evolving Systems, Inc.	12,044		80,695
FactSet Research Systems, Inc. (d)	101,287		9,854,212
Fair Isaac Corp.	90,000		3,990,600
FalconStor Software, Inc. (a)	86,450		232,551
Fonix Corp. (a)	1		0
Fortinet, Inc. (a)	335,650		8,116,017
Globalscape, Inc.	6,122		10,285
Glu Mobile, Inc. (a)(d)	116,341		264,094
GSE Systems, Inc. (a)	33,148		74,914
Guidance Software, Inc. (a)	25,308		248,271
Guidewire Software, Inc. (a)(d)	75,782		2,769,832
Imperva, Inc. (a)	28,729		1,048,609
Infoblox, Inc. (d)	102,456		2,160,797
Informatica Corp. (a)	275,904		9,659,399
Interactive Intelligence Group, Inc. (a)	39,218		1,631,861
Jive Software, Inc. (a)(d)	64,060		1,062,115
Majesco Entertainment Co. (a)	169,132		90,401
Manhattan Associates, Inc. (a)	59,488		4,155,832
Marlborough Software Development Holdings, Inc.	3,682		552
Mentor Graphics Corp.	240,557		4,260,264
MICROS Systems, Inc. (a)(d)	205,749		8,806,057
MicroStrategy, Inc. Class A (a)	21,893		2,230,459
Mitek Systems, Inc. (a)(d)	72,082		309,953
Monotype Imaging Holdings, Inc.	103,012		2,163,252
Motricity, Inc. (a)(d)	112,960		45,173
NetScout Systems, Inc. (a)	96,131		2,444,611
NetSol Technologies, Inc. (a)	16,096		186,392
NetSuite, Inc. (a)(d)	78,193		5,457,089
Nuance Communications, Inc. (a)(d)	634,615		11,683,262
Parametric Technology Corp. (a)	307,447		7,114,324
Park City Group, Inc. (a)	3,053		10,441
Peerless Systems Corp. (a)	15,698		50,234
Pegasystems, Inc.	43,949		1,203,763
Pervasive Software, Inc. (a)	25,547		233,755
Progress Software Corp. (a)	171,703		3,866,752
Proofpoint, Inc.	36,347		508,131
PROS Holdings, Inc. (a)	54,306		1,415,214
QAD, Inc. Class B	24,367		293,135
QLIK Technologies, Inc. (a)	189,518		4,927,468
Qualys, Inc.	18,211		215,982

	Shares		Value
RealPage, Inc. (a)(d)	96,465		$ 2,089,432
Rosetta Stone, Inc. (a)	28,088		325,259
Rovi Corp. (a)	268,338		4,773,733
SeaChange International, Inc. (a)	69,895		805,190
ServiceNow, Inc. (d)	29,503		957,962
Smith Micro Software, Inc. (a)	72,854		106,367
SolarWinds, Inc. (a)	156,443		8,832,772
Solera Holdings, Inc.	178,111		10,027,649
Sonic Foundry, Inc. (a)	2,194		15,139
Sourcefire, Inc. (a)(d)	78,325		4,200,570
Splunk, Inc. (d)	63,708		2,301,770
SS&C Technologies Holdings, Inc. (a)	104,155		2,636,163
Synchronoss Technologies, Inc. (a)(d)	71,953		2,170,822
Synopsys, Inc. (a)	381,214		13,353,926
Take-Two Interactive Software, Inc. (a)	233,028		3,411,530
Tangoe, Inc. (a)	82,180		1,123,401
TeleCommunication Systems, Inc. Class A (a)	110,511		255,280
TeleNav, Inc. (a)	41,916		298,023
TIBCO Software, Inc. (a)	398,718		8,552,501
TiVo, Inc. (a)(d)	322,529		3,996,134
Tyler Technologies, Inc. (a)	75,793		4,274,725
Ultimate Software Group, Inc. (a)(d)	68,452		6,726,778
Vasco Data Security International, Inc. (a)	64,183		530,793
Verint Systems, Inc. (a)	128,637		4,395,526
VirnetX Holding Corp. (a)(d)	105,277		3,708,909
VMware, Inc. Class A (a)(d)	217,274		15,606,791
Vringo, Inc. (a)(d)	112,758		342,784
Wave Systems Corp. Class A (a)(d)	226,143		199,006
Websense, Inc. (a)	91,565		1,372,559
Workday, Inc.	57,322		3,169,333
Zynga, Inc. (a)(d)	1,225,343		4,153,913
			313,303,298
TOTAL INFORMATION TECHNOLOGY			1,201,227,114
MATERIALS - 5.6%
Chemicals - 2.7%
A. Schulman, Inc.	78,267		2,453,670
ADA-ES, Inc. (a)(d)	36,134		960,080
Albemarle Corp.	226,311		14,728,320
American Pacific Corp. (a)	20,080		371,480
American Vanguard Corp.	65,053		2,018,595
Arabian American Development Co. (a)	42,258		311,019
Ashland, Inc.	184,581		14,391,781
Axiall Corp.	176,290		9,974,488
Balchem Corp.	77,120		3,110,250
Cabot Corp.	149,170		5,486,473
Calgon Carbon Corp. (a)(d)	149,975		2,558,574
Celanese Corp. Class A	402,433		18,853,986
Chase Corp.	12,286		231,468
Chemtura Corp. (a)	255,000		5,130,600
Clean Diesel Technologies, Inc. (a)(d)	33,479		80,015
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Chemicals - continued
Core Molding Technologies, Inc. (a)	11,521		$ 80,071
Cytec Industries, Inc.	114,248		8,270,413
Ferro Corp. (a)	212,580		1,090,535
Flotek Industries, Inc. (a)(d)	137,545		1,931,132
FutureFuel Corp.	37,342		489,554
GSE Holding, Inc.	16,500		118,635
H.B. Fuller Co.	130,210		5,321,683
Hawkins, Inc.	22,191		875,213
Huntsman Corp.	484,220		8,343,111
Innophos Holdings, Inc.	55,185		2,694,684
Intrepid Potash, Inc.	143,302		2,824,482
KMG Chemicals, Inc.	19,780		390,853
Koppers Holdings, Inc.	50,513		2,095,279
Kraton Performance Polymers, Inc. (a)	86,645		2,082,946
Kronos Worldwide, Inc. (d)	60,714		1,038,817
Landec Corp. (a)	84,086		925,787
LSB Industries, Inc. (a)	50,999		1,976,211
Material Sciences Corp. (a)(d)	23,734		240,900
Minerals Technologies, Inc.	95,148		3,828,756
NewMarket Corp.	27,248		6,857,504
Northern Technologies International Corp. (a)	1,103		14,791
Olin Corp.	200,452		4,642,468
OM Group, Inc. (a)(d)	81,882		2,009,384
OMNOVA Solutions, Inc. (a)(d)	113,582		909,792
Penford Corp. (a)	27,329		277,389
PolyOne Corp.	229,909		5,239,626
Quaker Chemical Corp.	32,517		1,866,801
Rockwood Holdings, Inc.	195,625		12,246,125
RPM International, Inc.	336,631		10,236,949
Senomyx, Inc. (a)(d)	114,790		276,644
Sensient Technologies Corp.	124,362		4,590,201
Spartech Corp. (a)	67,518		666,403
Stepan Co.	42,656		2,612,253
The Scotts Miracle-Gro Co. Class A	104,032		4,609,658
TOR Minerals International, Inc. (a)	3,831		41,835
Tredegar Corp.	61,191		1,497,956
Tronox Ltd. Class A	57,314		1,177,230
Valhi, Inc. (d)	64,947		1,057,337
Valspar Corp.	215,306		13,265,003
W.R. Grace & Co. (a)	177,559		12,709,673
Westlake Chemical Corp.	48,958		4,221,159
Zep, Inc.	50,668		757,993
Zoltek Companies, Inc. (a)(d)	65,740		614,669
			217,678,704
Construction Materials - 0.3%
Eagle Materials, Inc.	123,296		7,929,166
Headwaters, Inc. (a)	179,895		1,692,812
Martin Marietta Materials, Inc.	115,426		11,211,327
Texas Industries, Inc. (a)(d)	58,355		3,387,508

	Shares		Value
U.S. Concrete, Inc. (a)	25,199		$ 246,950
United States Lime & Minerals, Inc. (a)	7,538		395,293
			24,863,056
Containers & Packaging - 0.9%
AEP Industries, Inc. (a)	13,400		945,102
Aptargroup, Inc.	166,296		8,970,006
Berry Plastics Group, Inc.	70,965		1,363,947
Boise, Inc.	247,252		2,123,895
Crown Holdings, Inc. (a)	371,357		14,434,647
Graphic Packaging Holding Co. (a)	299,085		2,219,211
Greif, Inc. Class A	90,875		4,622,811
MOD-PAC Corp. (sub. vtg.) (a)	3,740		30,705
Myers Industries, Inc.	100,702		1,482,333
Packaging Corp. of America	246,303		10,290,539
Rock-Tenn Co. Class A	179,926		15,914,455
Silgan Holdings, Inc.	119,019		5,109,486
Sonoco Products Co.	239,162		7,598,177
UFP Technologies, Inc. (a)	15,846		299,806
			75,405,120
Metals & Mining - 1.3%
A.M. Castle & Co. (a)(d)	38,879		638,782
AK Steel Holding Corp. (d)	317,663		1,191,236
Allied Nevada Gold Corp. (a)(d)	209,568		3,835,094
Amcol International Corp.	61,309		1,792,675
Carpenter Technology Corp.	115,927		5,475,232
Century Aluminum Co. (a)	132,753		1,076,627
Coeur d'Alene Mines Corp. (a)	223,687		4,252,290
Commercial Metals Co.	293,644		4,789,334
Compass Minerals International, Inc.	82,516		6,083,080
Comstock Mining, Inc. (a)(d)	83,725		165,776
Friedman Industries	15,788		172,721
General Moly, Inc. (a)	202,841		592,296
Globe Specialty Metals, Inc.	170,087		2,430,543
Golden Minerals Co. (a)(d)	115,781		335,765
Handy & Harman Ltd. (a)	41,326		669,481
Haynes International, Inc.	32,086		1,652,429
Hecla Mining Co.	709,617		3,292,623
Horsehead Holding Corp. (a)(d)	105,544		1,115,600
Kaiser Aluminum Corp. (d)	41,453		2,538,582
Materion Corp.	49,172		1,360,098
McEwen Mining, Inc. (a)	715,025		1,737,511
Metals USA Holdings Corp.	48,992		1,016,094
Mines Management, Inc. (a)(d)	69,165		75,390
Molycorp, Inc. (a)(d)	312,599		1,919,358
Noranda Aluminium Holding Corp.	166,713		793,554
Olympic Steel, Inc.	20,461		422,929
Prospect Global Resources, Inc. (a)	24,337		29,935
Reliance Steel & Aluminum Co.	193,919		12,913,066
Royal Gold, Inc.	165,443		10,843,134
RTI International Metals, Inc. (a)(d)	74,509		2,210,682
Schnitzer Steel Industries, Inc. Class A	62,943		1,800,799
Silver Bull Resources, Inc. (a)(d)	148,902		49,882
Solitario Exploration & Royalty Corp. (a)	57,827		89,632
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Metals & Mining - continued
Steel Dynamics, Inc. (d)	561,482		$ 8,573,830
Stillwater Mining Co. (a)(d)	313,830		4,092,343
SunCoke Energy, Inc. (a)	184,578		3,043,691
Synalloy Corp.	9,327		127,314
Timberline Resources Corp. (a)(d)	213,150		40,499
U.S. Silica Holdings, Inc. (d)	42,160		1,036,714
Universal Stainless & Alloy Products, Inc. (a)	18,357		651,490
US Antimony Corp. (a)(d)	61,920		115,790
Walter Energy, Inc. (d)	157,784		5,015,953
Worthington Industries, Inc. (d)	134,816		3,820,685
			103,880,539
Paper & Forest Products - 0.4%
Boise Cascade Co.	29,600		802,160
Buckeye Technologies, Inc.	96,053		2,663,550
Clearwater Paper Corp. (a)	61,188		2,960,887
Deltic Timber Corp.	29,841		2,130,349
Domtar Corp.	90,715		6,763,710
Kapstone Paper & Packaging Corp.	96,111		2,560,397
Louisiana-Pacific Corp. (a)	342,651		7,185,391
Neenah Paper, Inc.	36,724		1,072,341
P.H. Glatfelter Co.	142,034		2,577,917
Resolute Forest Products (a)(d)	259,455		3,580,479
Schweitzer-Mauduit International, Inc.	87,906		3,239,336
Verso Paper Corp. (a)(d)	31,277		33,466
Wausau-Mosinee Paper Corp.	98,528		972,471
			36,542,454
TOTAL MATERIALS			458,369,873
TELECOMMUNICATION SERVICES - 0.9%
Diversified Telecommunication Services - 0.4%
8x8, Inc. (a)	207,358		1,254,516
Alaska Communication Systems Group, Inc. (d)	97,590		167,855
Allegiance Telecom, Inc. (a)	15,750		0
Alteva	11,334		124,107
Atlantic Tele-Network, Inc.	25,792		1,212,224
Cbeyond, Inc. (a)	66,391		466,065
Cincinnati Bell, Inc. (a)(d)	548,019		1,781,062
Cogent Communications Group, Inc.	126,168		3,173,125
Consolidated Communications Holdings, Inc. (d)	90,904		1,527,187
Elephant Talk Communication, Inc. (a)(d)	200,060		240,072
FairPoint Communications, Inc. (a)(d)	56,860		474,781
General Communications, Inc. Class A (a)	82,347		695,832
Hawaiian Telcom Holdco, Inc. (a)	21,226		409,025
HickoryTech Corp.	34,243		321,542
IDT Corp. Class B	44,462		449,511
inContact, Inc. (a)(d)	134,662		914,355

	Shares		Value
Iridium Communications, Inc. (a)(d)	169,319		$ 1,034,539
Level 3 Communications, Inc. (a)(d)	411,564		8,223,049
Lumos Networks Corp.	42,527		485,658
Multiband Corp. (a)	27,198		59,292
Neutral Tandem, Inc.	104,102		357,070
ORBCOMM, Inc. (a)	78,686		347,005
Premiere Global Services, Inc. (a)	109,608		1,169,517
Primus Telecommunications Group, Inc.	26,065		286,454
Towerstream Corp. (a)(d)	163,311		406,644
tw telecom, inc. (a)	379,421		9,606,940
Vonage Holdings Corp. (a)	388,357		1,025,262
			36,212,689
Wireless Telecommunication Services - 0.5%
Boingo Wireless, Inc. (a)(d)	25,257		153,563
Clearwire Corp. Class A (a)	1,111,846		3,468,960
Leap Wireless International, Inc. (a)(d)	140,047		749,251
NII Holdings, Inc. (a)(d)	442,815		2,134,368
NTELOS Holdings Corp.	42,305		527,966
SBA Communications Corp. Class A (a)(d)	314,310		22,353,727
Shenandoah Telecommunications Co.	52,949		762,995
Telephone & Data Systems, Inc.	254,617		5,828,183
U.S. Cellular Corp. (a)	37,864		1,393,017
USA Mobility, Inc.	61,882		719,069
			38,091,099
TOTAL TELECOMMUNICATION SERVICES			74,303,788
UTILITIES - 3.6%
Electric Utilities - 1.4%
Allete, Inc.	92,458		4,345,526
Cleco Corp.	155,364		6,882,625
El Paso Electric Co.	107,795		3,594,963
Empire District Electric Co.	112,476		2,408,111
Great Plains Energy, Inc.	383,697		8,376,106
Hawaiian Electric Industries, Inc.	251,655		6,792,168
IDACORP, Inc.	127,244		5,941,022
ITC Holdings Corp.	133,175		11,255,951
MGE Energy, Inc.	67,449		3,620,662
NV Energy, Inc.	576,146		11,384,645
OGE Energy Corp. (d)	248,273		14,377,489
Otter Tail Corp.	105,764		3,055,522
PNM Resources, Inc.	211,467		4,749,549
Portland General Electric Co.	187,498		5,566,816
UIL Holdings Corp.	127,515		4,993,487
Unitil Corp.	33,222		909,618
UNS Energy Corp.	109,304		5,139,474
Westar Energy, Inc.	312,727		9,700,792
			113,094,526
Gas Utilities - 0.9%
Atmos Energy Corp.	227,295		8,675,850
Chesapeake Utilities Corp.	26,929		1,293,400
Delta Natural Gas Co., Inc.	13,699		267,678
Common Stocks - continued
	Shares		Value
UTILITIES - continued
Gas Utilities - continued
Gas Natural, Inc.	13,409		$ 133,285
Laclede Group, Inc.	50,946		2,076,559
National Fuel Gas Co. (d)	211,913		12,331,217
New Jersey Resources Corp.	111,043		4,948,076
Northwest Natural Gas Co.	72,448		3,300,006
Piedmont Natural Gas Co., Inc. (d)	187,806		6,054,865
Questar Corp.	434,281		10,209,946
RGC Resources, Inc.	2,242		40,378
South Jersey Industries, Inc.	80,362		4,431,161
Southwest Gas Corp.	122,634		5,555,320
UGI Corp.	280,120		10,033,898
WGL Holdings, Inc.	132,647		5,593,724
			74,945,363
Independent Power Producers & Energy Traders - 0.3%
American DG Energy, Inc. (a)(d)	66,943		147,275
Black Hills Corp.	111,612		4,641,943
Calpine Corp. (a)	983,666		18,099,454
Dynegy, Inc. (a)(d)	213,790		4,183,870
Genie Energy Ltd. Class B	48,524		340,638
Ormat Technologies, Inc. (d)	66,515		1,359,567
Synthesis Energy Systems, Inc. (a)	108,052		115,616
US Geothermal, Inc. (a)(d)	223,992		71,677
			28,960,040
Multi-Utilities - 0.5%
Alliant Energy Corp.	274,508		13,091,287
Avista Corp.	144,014		3,771,727
CH Energy Group, Inc.	41,279		2,688,501
MDU Resources Group, Inc.	493,199		11,915,688
NorthWestern Energy Corp.	92,662		3,611,965
Vectren Corp.	212,639		7,017,087
			42,096,255
Water Utilities - 0.5%
American States Water Co.	47,115		2,495,210
American Water Works Co., Inc.	443,191		17,483,885
Aqua America, Inc.	361,486		10,530,087
Artesian Resources Corp. Class A	17,456		388,396
Cadiz, Inc. (a)(d)	34,362		231,600
California Water Service Group	132,314		2,654,219
Connecticut Water Service, Inc.	21,351		637,541
Middlesex Water Co.	51,194		996,235
Pure Cycle Corp. (a)	69,664		279,353
SJW Corp.	32,982		874,353
York Water Co.	39,414		727,582
			37,298,461
TOTAL UTILITIES			296,394,645
TOTAL COMMON STOCKS (Cost $6,503,734,234)		8,043,129,797

U.S. Treasury Obligations - 0.1%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 0.1% to 0.14% 5/23/13 to 6/27/13 (e) (Cost $4,998,229)	$ 5,000,000	$ 4,998,433

Money Market Funds - 17.1%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	121,188,760		121,188,760
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	1,270,001,721		1,270,001,721
TOTAL MONEY MARKET FUNDS (Cost $1,391,190,481)		1,391,190,481
TOTAL INVESTMENT PORTFOLIO - 115.9% (Cost $7,899,922,944)			9,439,318,711
NET OTHER ASSETS (LIABILITIES) - (15.9)%		(1,293,383,838)
NET ASSETS - 100%		$ 8,145,934,873

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
Purchased
Equity Index Contracts
371 CME E-mini S&P MidCap 400 Index Contracts	March 2013	$ 40,873,070	$ 3,010,698
676 NYFE Russell 2000 Mini Index Contracts	March 2013	61,529,520	4,711,348
TOTAL EQUITY INDEX CONTRACTS		$ 102,402,590	$ 7,722,046

The face value of futures purchased as a percentage of net assets is 1.3%

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $4,098,640.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 118,467
Fidelity Securities Lending Cash Central Fund	15,326,897
Total	$ 15,445,364

Other Information

The following is a summary of the inputs used, as of February 28, 2013, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the tables below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 1,250,409,959	$ 1,250,409,959	$ -	$ -
Consumer Staples	261,264,412	261,264,412	-	-
Energy	538,486,147	538,486,147	-	-
Financials	1,856,416,579	1,856,413,823	-	2,756
Health Care	857,312,452	857,312,448	-	4
Industrials	1,248,944,828	1,248,930,202	14,626	-
Information Technology	1,201,227,114	1,201,227,114	-	-
Materials	458,369,873	458,369,873	-	-
Telecommunication Services	74,303,788	74,303,788	-	-
Utilities	296,394,645	296,394,645	-	-
U.S. Government and Government Agency Obligations	4,998,433	-	4,998,433	-
Money Market Funds	1,391,190,481	1,391,190,481	-	-
Total Investments in Securities:	$ 9,439,318,711	$ 9,434,302,892	$ 5,013,059	$ 2,760
Derivative Instruments:
Assets
Futures Contracts	$ 7,722,046	$ 7,722,046	$ -	$ -

Value of Derivative Instruments

Risk Exposure / Derivative Type	Value
	Asset	Liability
Equity Risk
Futures Contracts (a)	$ 7,722,046	$ -
Total Value of Derivatives	$ 7,722,046	$ -

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan Extended Market Index Fund

Financial Statements

Statement of Assets and Liabilities

	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $1,236,139,619) - See accompanying schedule: Unaffiliated issuers (cost $6,508,732,463)	$ 8,048,128,230
Fidelity Central Funds (cost $1,391,190,481)	1,391,190,481
Total Investments (cost $7,899,922,944)		$ 9,439,318,711
Cash		151,372
Receivable for investments sold		8,617,899
Receivable for fund shares sold		12,216,175
Dividends receivable		6,081,894
Distributions receivable from Fidelity Central Funds		1,215,661
Receivable for daily variation margin on futures contracts		28,127
Receivable from investment adviser for expense reductions		1,182
Other receivables		3,132
Total assets		9,467,634,153

Liabilities
Payable for investments purchased	$ 42,634,127
Payable for fund shares redeemed	8,568,580
Accrued management fee	403,313
Other affiliated payables	91,539
Collateral on securities loaned, at value	1,270,001,721
Total liabilities		1,321,699,280

Net Assets		$ 8,145,934,873
Net Assets consist of:
Paid in capital		$ 6,566,496,840
Undistributed net investment income		12,923,003
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions		19,397,217
Net unrealized appreciation (depreciation) on investments		1,547,117,813
Net Assets		$ 8,145,934,873

Statement of Assets and Liabilities - continued

	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($971,857,240 ÷ 22,540,446 shares)		$ 43.12

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($7,173,852,040 ÷ 166,373,409 shares)		$ 43.12

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($225,593 ÷ 5,233 shares)		$ 43.11

See accompanying notes which are an integral part of the financial statements.

Annual Report

Statement of Operations

	Year ended February 28, 2013

Investment Income
Dividends		$ 118,473,606
Interest		8,625
Income from Fidelity Central Funds (including $15,326,897 from security lending)		15,445,364
Total income		133,927,595

Expenses
Management fee	$ 4,131,985
Transfer agent fees	1,261,483
Independent trustees' compensation	44,441
Miscellaneous	17,439
Total expenses before reductions	5,455,348
Expense reductions	(1,784)	5,453,564
Net investment income (loss)		128,474,031
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	178,938,374
Foreign currency transactions	2,666
Futures contracts	10,780,134
Total net realized gain (loss)		189,721,174
Change in net unrealized appreciation (depreciation) on: Investment securities	638,416,432
Assets and liabilities in foreign currencies	(626)
Futures contracts	1,141,781
Total change in net unrealized appreciation (depreciation)		639,557,587
Net gain (loss)		829,278,761
Net increase (decrease) in net assets resulting from operations		$ 957,752,792

Statement of Changes in Net Assets

	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 128,474,031	$ 74,746,560
Net realized gain (loss)	189,721,174	132,271,976
Change in net unrealized appreciation (depreciation)	639,557,587	(112,097,829)
Net increase (decrease) in net assets resulting from operations	957,752,792	94,920,707
Distributions to shareholders from net investment income	(123,000,708)	(69,414,947)
Distributions to shareholders from net realized gain	(200,713,554)	(127,979,459)
Total distributions	(323,714,262)	(197,394,406)
Share transactions - net increase (decrease)	994,205,584	652,403,567
Redemption fees	653,587	919,879
Total increase (decrease) in net assets	1,628,897,701	550,849,747

Net Assets
Beginning of period	6,517,037,172	5,966,187,425
End of period (including undistributed net investment income of $12,923,003 and undistributed net investment income of $10,311,506, respectively)	$ 8,145,934,873	$ 6,517,037,172

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.66	$ 40.35	$ 31.08	$ 18.73	$ 35.15
Income from Investment Operations
Net investment income (loss)^B	.73	.48	.43	.36	.50
Net realized and unrealized gain (loss)	4.61	.10	9.71	12.40	(15.73)
Total from investment operations	5.34	.58	10.14	12.76	(15.23)
Distributions from net investment income	(.70)	(.45)	(.36)	(.35)	(.43)
Distributions from net realized gain	(1.17)	(.84)	(.51)	(.06)	(.76)
Total distributions	(1.88)^J	(1.28)^I	(.87)	(.41)^H	(1.19)
Redemption fees added to paid in capital^B	-^G	.01	-^G	-^G	-^G
Net asset value, end of period	$ 43.12	$ 39.66	$ 40.35	$ 31.08	$ 18.73
Total Return^A	14.00%	1.76%	32.95%	68.20%	(44.26)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.10%	.10%	.10%	.10%	.10%
Expenses net of fee waivers, if any	.10%	.10%	.10%	.10%	.10%
Expenses net of all reductions	.10%	.10%	.10%	.10%	.10%
Net investment income (loss)	1.85%	1.26%	1.24%	1.35%	1.71%
Supplemental Data
Net assets, end of period (000 omitted)	$ 971,857	$ 2,606,631	$ 4,440,988	$ 2,692,346	$ 1,446,984
Portfolio turnover rate^D	10%	11%	8%	26%	16%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^B Calculated based on average shares outstanding during the period. ^C Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^F For the year ended February 29. ^G Amount represents less than $.01 per share. ^H Total distributions of $.41 per share is comprised of distributions from net investment income of $.350 and distributions from net realized gain of $.055 per share. ^I Total distributions of $1.28 per share is comprised of distributions from net investment income of $.446 and distributions from net realized gain of $.837 per share. ^J Total distributions of $1.88 per share is comprised of distributions from net investment income of $.703 and distributions from net realized gain of $1.172 per share.

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.66	$ 40.36	$ 31.08	$ 18.73	$ 35.15
Income from Investment Operations
Net investment income (loss)^B	.75	.48	.44	.37	.52
Net realized and unrealized gain (loss)	4.60	.10	9.72	12.39	(15.74)
Total from investment operations	5.35	.58	10.16	12.76	(15.22)
Distributions from net investment income	(.72)	(.46)	(.37)	(.36)	(.44)
Distributions from net realized gain	(1.17)	(.84)	(.51)	(.06)	(.76)
Total distributions	(1.89)	(1.29)^I	(.88)	(.41)^H	(1.20)
Redemption fees added to paid in capital^B	-^G	.01	-^G	-^G	-^G
Net asset value, end of period	$ 43.12	$ 39.66	$ 40.36	$ 31.08	$ 18.73
Total Return^A	14.04%	1.76%	33.02%	68.25%	(44.25)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.07%	.07%	.07%	.07%	.07%
Expenses net of fee waivers, if any	.07%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.07%	.07%	.07%	.07%	.07%
Net investment income (loss)	1.88%	1.29%	1.27%	1.38%	1.74%
Supplemental Data
Net assets, end of period (000 omitted)	$ 7,173,852	$ 3,910,289	$ 1,525,199	$ 900,218	$ 478,227
Portfolio turnover rate^D	10%	11%	8%	26%	16%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^B Calculated based on average shares outstanding during the period. ^C Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^F For the year ended February 29. ^G Amount represents less than $.01 per share. ^H Total distributions of $.41 per share is comprised of distributions from net investment income of $.358 and distributions from net realized gain of $.055 per share. ^I Total distributions of $1.29 per share is comprised of distributions from net investment income of $.457 and distributions from net realized gain of $.837 per share.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^{G, I}
Selected Per-Share Data
Net asset value, beginning of period	$ 39.66	$ 34.67
Income from Investment Operations
Net investment income (loss)^D	.75	.25
Net realized and unrealized gain (loss)	4.60	5.52
Total from investment operations	5.35	5.77
Distributions from net investment income	(.72)	(.40)
Distributions from net realized gain	(1.17)	(.38)
Total distributions	(1.90)^K	(.78)
Redemption fees added to paid in capital^{D, J}	-	-
Net asset value, end of period	$ 43.11	$ 39.66
Total Return^{B, C}	14.04%	16.99%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.07%	.07%^A
Expenses net of fee waivers, if any	.06%	.06%^A
Expenses net of all reductions	.06%	.06%^A
Net investment income (loss)	1.89%	1.44%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 226	$ 117
Portfolio turnover rate^F	10%	11%^L

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan International Index Fund

Performance: The Bottom Line

Average annual total return reflects the change in the value of an investment, assuming reinvestment of the class' distributions from dividend income and capital gains (the profits earned upon the sale of securities that have grown in value, if any) and assuming a constant rate of performance each year. The $10,000 table and the fund's returns does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. During periods of reimbursement by Fidelity, a fund's total return will be greater than it would be had the reimbursement not occurred. How a fund did yesterday is no guarantee of how it will do tomorrow.

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Spartan International Index Fund - Institutional Class^A	10.12%	-0.92%	9.37%
Spartan International Index Fund - Fidelity Advantage Institutional Class^B	10.13%	-0.92%	9.37%

^B The initial offering of Fidelity Advantage Institutional Class shares took place September 8, 2011. Returns between October 14, 2005 and September 8, 2011 are those of Fidelity Advantage Class. Returns prior to October 14, 2005 are those of Investor Class.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan International Index Fund - Institutional Class on on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the MSCI® EAFE® Index performed over the same period. The initial offering of Institutional Class took place on September 8, 2011. See above for additional information regarding the performance of Institutional Class.

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Annual Report

Spartan International Index Fund

Management's Discussion of Fund Performance

Market Recap: For the 12 months ending February 28, 2013, international equities cast off an early-period drubbing and rebounded to finish in positive territory, as debt woes in the eurozone subsided and central banks around the world continued with monetary easing. Foreign developed- and emerging-markets stocks, as measured by the MSCI®ACWI®(All Country World Index) ex USA Index, rose 6.80% for the year, fueled in part by stabilization in the eurozone and improving U.S. economic data, but held back by a stronger U.S. dollar. International stocks were hard hit through May, amid fear of global debt contagion and an economic slowdown in China. Markets reversed course in the summer and never looked back, fueled by news that European Central Bank officials would do "whatever it takes" to save the euro. Within the MSCI index, several European countries had double-digit gains, with Switzerland (+23%) and Sweden (+15%) posting strong returns, while larger economies such as Germany (+11%), France (+10%) and the U.K. (+7%) - the biggest market weighting in the index - also fared well. Countries plagued by slowing or stagnant economies had mixed results, including Greece (+9%), Spain (+2%) and Italy (-3%). Asia-Pacific ex Japan (+15%) outpaced the index, while Japan (+5%) was especially hurt by currency fluctuations. Canada and the more-volatile emerging markets saw only modest to flat gains.

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® International Index Fund: For the year, the fund's Institutional Class and Fidelity Advantage® Institutional Class shares gained 10.12% and 10.13%, respectively, compared with 9.99% for the MSCI® EAFE® Index. (The fund's performance relative to the index can be affected by Fidelity's methodologies for valuing certain foreign stocks and for incorporating foreign exchange rates, which differ from those used by the index.) Of the 10 sectors in the index, six turned in a positive result in U.S. dollar terms, with health care and financials leading the way, while energy and utilities brought up the rear. On an individual basis, several pharmaceutical manufacturers, led by Switzerland's Roche Holding, were outsized contributors. Roche, the world's largest maker of cancer drugs, saw its shares rise by roughly 31%, while another Swiss drug maker, Novartis, also added considerable value. Meanwhile, another Swiss company, food products giant Nestle - the largest position in both the index and fund during the period - further contributed. In the financials sector, HSBC Holdings, a leading U.K. bank, lifted results, as did two Australian banks - Westpac Banking and Commonwealth Bank of Australia. On the negative side, the fund's three-biggest detractors were all based in the U.K. - including natural gas company BG Group and diversified energy giant BP. Mining concern Anglo American, headquartered in the U.K., was another notable source of underperformance, as was Australia's Newcrest Mining, whose shares fell 35%. In Spain, the country's leading telecommunication services provider, Telefonica, further hampered results, while the fund also was hurt by its allocation to equity index futures, which we used to temporarily reinvest cash to gain additional exposure to the market.

Annual Report

Spartan International Index Fund

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Nestle SA (Switzerland, Food Products)	1.9	2.0
HSBC Holdings PLC (United Kingdom) (United Kingdom, Commercial Banks)	1.8	1.6
Roche Holding AG (participation certificate) (Switzerland, Pharmaceuticals)	1.4	1.3
Novartis AG (Switzerland, Pharmaceuticals)	1.4	1.3
Toyota Motor Corp. (Japan, Automobiles)	1.2	1.1
BP PLC (United Kingdom, Oil, Gas & Consumable Fuels)	1.1	1.3
Vodafone Group PLC (United Kingdom, Wireless Telecommunication Services)	1.1	1.4
Royal Dutch Shell PLC Class A (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels)	1.0	1.2
BHP Billiton Ltd. (Australia, Metals & Mining)	1.0	1.1
Sanofi SA (France, Pharmaceuticals)	1.0	1.0
	12.9
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Financials	23.9	22.1
Industrials	12.6	12.8
Consumer Staples	12.0	12.2
Consumer Discretionary	11.5	10.1
Health Care	10.0	10.2
Materials	9.1	9.2
Energy	6.9	8.4
Telecommunication Services	4.4	5.4
Information Technology	4.3	4.2
Utilities	3.4	3.8

Geographic Diversification (% of fund's net assets)
As of February 28, 2013
	United Kingdom	21.0%
	Japan	20.6%
	Australia	9.3%
	Switzerland	8.9%
	France	8.8%
	Germany	8.4%
	Sweden	3.3%
	Spain	2.9%
	Hong Kong	2.8%
	Other	14.0%

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Percentages are based on country or territory of incorporation and are adjusted for the effect of futures contracts, if applicable.

As of August 31, 2012
	United Kingdom	22.4%
	Japan	20.5%
	Australia	9.0%
	France	8.7%
	Switzerland	8.5%
	Germany	8.1%
	Sweden	3.2%
	Netherlands	2.8%
	Spain	2.7%
	Other	14.1%

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Percentages are based on country or territory of incorporation and are adjusted for the effect of futures contracts, if applicable.

Annual Report

Spartan International Index Fund

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 97.2%
	Shares		Value
Australia - 9.1%
AGL Energy Ltd.	470,313		$ 7,657,595
ALS Ltd.	288,322		3,448,671
Alumina Ltd.	2,214,560		2,764,253
Amcor Ltd.	1,043,737		9,808,351
AMP Ltd.	2,533,442		14,181,058
APA Group unit	698,390		4,387,228
Asciano Ltd.	851,718		4,854,529
ASX Ltd.	149,863		5,579,677
Australia & New Zealand Banking Group Ltd.	2,355,233		69,093,219
Bendigo & Adelaide Bank Ltd.	350,417		3,554,279
BHP Billiton Ltd.	2,785,158		104,271,173
Boral Ltd.	685,950		3,622,431
Brambles Ltd.	1,346,702		12,036,402
Caltex Australia Ltd.	121,749		2,480,992
CFS Retail Property Trust unit	1,642,849		3,507,204
Coca-Cola Amatil Ltd.	496,624		7,350,438
Cochlear Ltd.	48,104		3,480,782
Commonwealth Bank of Australia	1,394,156		95,796,560
Computershare Ltd.	375,002		3,899,406
Crown Ltd.	366,093		4,491,088
CSL Ltd.	435,408		26,684,850
DEXUS Property Group unit	3,887,425		4,328,183
Echo Entertainment Group Ltd.	661,869		2,542,009
Federation Centres unit	1,152,017		2,882,983
Flight Centre Ltd. (d)	46,630		1,547,982
Fortescue Metals Group Ltd.	1,244,164		5,998,418
Goodman Group unit	1,475,225		7,006,939
Harvey Norman Holdings Ltd. (d)	431,590		1,097,711
Iluka Resources Ltd.	360,587		3,874,743
Incitec Pivot Ltd.	1,381,242		4,557,109
Insurance Australia Group Ltd.	1,810,051		10,520,108
Leighton Holdings Ltd.	131,419		3,169,358
Lend Lease Group unit	465,841		5,067,625
Macquarie Group Ltd.	284,919		10,977,671
Metcash Ltd. (d)	735,628		3,065,741
Mirvac Group unit	2,898,652		4,855,758
National Australia Bank Ltd.	2,011,094		62,037,805
Newcrest Mining Ltd.	664,075		15,370,718
Orica Ltd.	317,216		8,848,994
Origin Energy Ltd.	946,241		11,762,766
OZ Minerals Ltd.	265,086		1,722,111
Qantas Airways Ltd. (a)	927,527		1,558,510
QBE Insurance Group Ltd.	1,037,256		14,176,179
QR National Ltd.	1,549,392		6,377,985
Ramsay Health Care Ltd.	115,489		3,789,076
Rio Tinto Ltd.	377,735		25,870,399
Santos Ltd.	830,314		11,373,346
Sims Metal Management Ltd.	145,745		1,615,431
Sonic Healthcare Ltd.	330,315		4,531,285
SP AusNet unit	1,410,925		1,715,015
Stockland Corp. Ltd. unit	1,923,310		7,386,764

	Shares		Value
Suncorp-Metway Ltd.	1,113,546		$ 12,818,854
Sydney Airport unit	350,832		1,135,993
Tabcorp Holdings Ltd.	593,991		1,929,408
Tattersall's Ltd.	1,184,324		3,859,032
Telstra Corp. Ltd.	3,768,619		17,669,003
The GPT Group unit	1,407,898		5,651,723
Toll Holdings Ltd.	574,617		3,627,305
Transurban Group unit	1,112,013		6,996,933
Treasury Wine Estates Ltd.	546,986		2,961,210
Wesfarmers Ltd.	871,614		36,529,424
Westfield Group unit	1,898,213		21,716,012
Westfield Retail Trust unit	2,519,533		8,183,975
Westpac Banking Corp.	2,670,312		83,927,950
Whitehaven Coal Ltd.	408,815		1,169,235
Woodside Petroleum Ltd.	570,057		21,835,677
Woolworths Ltd.	1,066,576		38,054,630
WorleyParsons Ltd.	180,914		4,922,928
TOTAL AUSTRALIA			915,568,200
Austria - 0.3%
Andritz AG	66,294		4,675,438
Erste Bank AG	182,968		5,894,213
IMMOEAST AG (a)(d)	321,410		4
IMMOFINANZ Immobilien Anlagen AG	803,952		3,363,966
OMV AG	133,560		5,813,471
Osterreichische Elektrizitatswirtschafts AG	56,701		1,178,494
Raiffeisen International Bank-Holding AG (d)	39,262		1,484,703
Telekom Austria AG (d)	265,993		1,757,172
Vienna Insurance Group AG Wien	27,880		1,411,907
Voestalpine AG	89,783		3,031,211
TOTAL AUSTRIA			28,610,579
Bailiwick of Guernsey - 0.0%
Resolution Ltd.	1,297,222		5,140,287
Bailiwick of Jersey - 0.9%
Experian PLC	873,720		14,500,718
Glencore International PLC (d)	3,384,867		19,898,174
Petrofac Ltd.	220,467		4,863,041
Randgold Resources Ltd.	76,625		6,342,769
Shire PLC	485,300		15,184,136
Wolseley PLC	237,758		11,206,662
WPP PLC	1,093,921		17,430,450
TOTAL BAILIWICK OF JERSEY			89,425,950
Belgium - 1.2%
Ageas	200,273		6,820,351
Anheuser-Busch InBev SA NV	696,189		65,243,275
Belgacom SA	128,566		3,593,654
Colruyt NV	67,506		3,326,560
Delhaize Group SA	89,257		4,313,921
Groupe Bruxelles Lambert SA	69,152		5,524,318
Common Stocks - continued
	Shares		Value
Belgium - continued
Groupe Bruxelles Lambert SA (strip VVPR) (a)	2,466		$ 3
KBC Groupe SA	206,797		7,670,240
Solvay SA Class A	50,561		7,224,785
Telenet Group Holding NV	47,942		2,454,493
UCB SA	96,221		5,558,744
Umicore SA	96,852		4,841,584
TOTAL BELGIUM			116,571,928
Bermuda - 0.4%
Cheung Kong Infrastructure Holdings Ltd.	437,450		2,868,164
First Pacific Co. Ltd.	1,748,000		2,312,456
Kerry Properties Ltd.	592,681		3,049,148
Li & Fung Ltd.	5,083,246		6,816,463
Noble Group Ltd.	3,320,890		3,177,693
NWS Holdings Ltd.	1,166,809		2,220,602
Orient Overseas International Ltd.	202,400		1,426,216
Seadrill Ltd.	312,992		11,389,557
Shangri-La Asia Ltd.	1,309,380		3,052,451
Yue Yuen Industrial (Holdings) Ltd.	632,000		2,135,025
TOTAL BERMUDA			38,447,775
Cayman Islands - 0.2%
ASM Pacific Technology Ltd.	167,729		2,210,261
MGM China Holdings Ltd.	893,600		2,159,222
Sands China Ltd.	2,093,600		9,974,537
Wynn Macau Ltd. (a)	1,336,000		3,522,771
TOTAL CAYMAN ISLANDS			17,866,791
Denmark - 1.2%
A.P. Moller - Maersk A/S:
Series A	475		3,655,861
Series B	1,142		9,133,361
Carlsberg A/S Series B	92,777		9,534,915
Coloplast A/S Series B	97,535		5,087,090
Danske Bank A/S (a)	568,635		10,582,914
DSV de Sammensluttede Vognmaend A/S	170,707		4,193,218
Novo Nordisk A/S Series B	353,177		61,747,431
Novozymes A/S Series B	213,876		7,455,413
TDC A/S	565,520		4,257,502
Tryg A/S	21,231		1,710,999
William Demant Holding A/S (a)	21,659		1,731,461
TOTAL DENMARK			119,090,165
Finland - 0.8%
Elisa Corp. (A Shares)	125,068		2,635,380
Fortum Corp.	386,972		7,381,137
Kesko Oyj	53,062		1,657,753
Kone Oyj (B Shares) (d)	134,869		10,916,850
Metso Corp.	112,070		4,813,697
Neste Oil Oyj (d)	110,216		1,659,081
Nokia Corp. (d)	3,254,290		11,825,669

	Shares		Value
Nokian Tyres PLC (d)	95,794		$ 4,353,473
Orion Oyj (B Shares)	82,822		2,454,512
Pohjola Bank PLC (A Shares)	118,064		1,872,782
Sampo Oyj (A Shares)	362,872		13,411,793
Stora Enso Oyj (R Shares)	494,305		3,323,500
UPM-Kymmene Corp.	454,455		5,313,124
Wartsila Corp.	143,368		6,625,963
TOTAL FINLAND			78,244,714
France - 8.5%
Accor SA	126,182		4,551,681
Aeroports de Paris	27,109		2,289,872
Air Liquide SA	20,551		2,500,589
Air Liquide SA (a)	14,110		1,716,866
Alstom SA	186,754		8,241,004
Arkema SA	55,338		5,622,225
Atos Origin SA	46,302		3,438,976
AXA SA	1,533,118		26,630,785
BIC SA	24,438		2,852,629
BNP Paribas SA	869,755		48,946,100
Bouygues SA	165,334		4,671,033
Bureau Veritas SA	48,408		6,243,436
Cap Gemini SA	132,914		6,541,058
Carrefour SA	522,108		14,232,603
Casino Guichard Perrachon SA	47,503		4,775,351
Christian Dior SA	47,519		7,937,817
CNP Assurances	137,441		2,045,572
Compagnie de St. Gobain	343,977		13,721,614
Compagnie Generale de Geophysique SA (a)	134,096		3,317,924
Credit Agricole SA (a)	872,801		8,204,294
Danone SA	501,545		34,828,390
Dassault Systemes SA	54,397		6,174,305
Edenred SA	145,701		5,040,828
EDF SA	26,606		503,143
EDF SA (a)	186,140		3,520,073
Essilor International SA	175,193		18,080,571
Eurazeo SA	27,368		1,492,454
Eutelsat Communications	116,173		4,185,324
Fonciere Des Regions	23,303		1,927,920
France Telecom SA	1,608,648		15,515,340
GDF Suez	1,150,909		21,757,203
Gecina SA	18,898		2,145,255
Groupe Eurotunnel SA	479,731		4,059,760
ICADE	19,465		1,749,907
Iliad SA	19,163		3,667,676
Imerys	27,771		1,871,557
JCDecaux SA	56,177		1,525,511
Klepierre SA	93,051		3,823,669
L'Oreal SA	14,012		2,095,505
L'Oreal SA (a)	179,277		26,811,010
L'Oreal SA (a)	17,567		2,627,158
Lafarge SA	142,806		9,627,781
Lafarge SA (a)	16,709		1,126,497
Common Stocks - continued
	Shares		Value
France - continued
Lafarge SA (Bearer)	5,225		$ 352,262
Lagardere S.C.A. (Reg.)	101,081		3,607,959
Legrand SA	203,050		9,335,212
LVMH Moet Hennessy - Louis Vuitton SA	220,047		37,892,543
Michelin CGDE Series B	158,387		14,152,170
Natixis SA	782,511		3,261,992
Pernod Ricard SA	183,702		23,836,917
Peugeot Citroen SA (a)(d)	190,533		1,442,255
PPR SA	65,453		14,672,137
Publicis Groupe SA	154,289		10,196,488
Remy Cointreau SA	19,026		2,404,453
Renault SA	166,684		10,579,319
Rexel SA	128,505		2,979,590
Safran SA	200,058		9,162,395
Sanofi SA	1,033,015		97,555,724
Schneider Electric SA	456,208		35,092,891
SCOR SE	139,093		3,934,209
Societe Generale Series A	608,894		23,379,231
Sodexo SA	2,500		231,539
Sodexo SA	77,845		7,209,670
Suez Environnement SA	247,379		3,299,094
Technip SA	87,887		9,518,903
Thales SA	83,314		2,935,174
Total SA	1,846,116		92,168,666
Unibail-Rodamco	79,616		18,086,024
Vallourec SA	91,607		4,883,167
Veolia Environnement SA	310,104		3,895,193
VINCI SA	398,591		18,447,488
Vivendi SA	1,147,721		24,154,323
Wendel SA	28,542		3,143,507
Zodiac Aerospace	29,966		3,371,544
TOTAL FRANCE			847,820,305
Germany - 7.7%
adidas AG	181,180		16,510,460
Allianz AG	395,100		54,006,647
Axel Springer Verlag	35,536		1,674,824
BASF AG	796,623		75,069,449
Bayer AG	716,890		71,000,085
Bayerische Motoren Werke AG (BMW)	288,843		26,660,898
Beiersdorf AG	85,869		7,487,578
Brenntag AG	44,214		6,303,416
Celesio AG	76,523		1,383,679
Commerzbank AG (a)	3,231,118		5,960,580
Continental AG	95,371		11,194,839
Daimler AG (Germany)	786,641		46,897,916
Deutsche Bank AG	806,341		36,813,195
Deutsche Boerse AG	167,648		10,393,177
Deutsche Lufthansa AG	201,692		4,068,278
Deutsche Post AG	785,871		17,631,705
Deutsche Telekom AG	2,432,942		26,131,646
E.ON AG	1,562,068		26,083,387

	Shares		Value
Fraport AG Frankfurt Airport Services Worldwide	32,468		$ 1,929,529
Fresenius Medical Care AG & Co. KGaA	183,287		12,561,525
Fresenius SE & Co. KGaA	108,160		13,293,348
GEA Group AG	150,876		5,372,525
Hannover Rueckversicherungs AG	53,214		4,163,549
HeidelbergCement Finance AG	122,457		8,444,531
Henkel AG & Co. KGaA	112,882		8,351,633
Hochtief AG	33,341		2,243,451
Hugo Boss AG	21,642		2,509,301
Infineon Technologies AG	925,476		7,927,362
K&S AG (d)	150,915		7,093,960
Kabel Deutschland Holding AG	77,467		6,718,534
Lanxess AG	72,795		6,169,835
Linde AG	160,883		29,174,667
MAN SE	36,161		4,154,479
Merck KGaA	55,975		7,892,441
Metro AG	112,232		3,472,630
Muenchener Rueckversicherungs AG	155,225		27,905,456
RWE AG	424,249		15,583,365
Salzgitter AG	37,143		1,772,142
SAP AG	797,804		62,300,785
Siemens AG	725,081		75,256,944
Suedzucker AG (Bearer)	68,638		3,006,427
Thyssenkrupp AG (a)	329,230		7,425,248
United Internet AG	89,127		2,102,039
Volkswagen AG	25,399		5,234,253
TOTAL GERMANY			777,331,718
Greece - 0.1%
Coca-Cola Hellenic Bottling Co. SA	170,135		4,642,303
Greek Organization of Football Prognostics SA	190,194		1,618,967
TOTAL GREECE			6,261,270
Hong Kong - 2.7%
AIA Group Ltd.	10,435,200		45,208,974
Bank of East Asia Ltd.	1,276,018		5,215,557
BOC Hong Kong (Holdings) Ltd.	3,193,566		10,767,929
Cathay Pacific Airways Ltd.	958,327		1,789,233
Cheung Kong Holdings Ltd.	1,203,449		18,713,697
CLP Holdings Ltd.	1,520,157		13,083,511
Galaxy Entertainment Group Ltd. (a)	1,841,000		7,726,617
Hang Lung Properties Ltd.	2,074,423		8,037,600
Hang Seng Bank Ltd.	654,901		10,589,069
Henderson Land Development Co. Ltd.	874,608		6,084,004
HKT Trust / HKT Ltd. unit	1,905,000		1,861,868
Hong Kong & China Gas Co. Ltd.	4,490,375		12,563,972
Hong Kong Exchanges and Clearing Ltd.	944,461		16,988,023
Hopewell Holdings Ltd.	500,000		2,185,518
Hutchison Whampoa Ltd.	1,838,158		19,802,220
Hysan Development Co. Ltd.	520,677		2,678,711
Link (REIT)	1,978,502		10,574,154
MTR Corp. Ltd.	1,256,951		5,186,244
Common Stocks - continued
	Shares		Value
Hong Kong - continued
New World Development Co. Ltd.	3,129,842		$ 5,762,822
PCCW Ltd.	3,395,000		1,615,291
Power Assets Holdings Ltd.	1,199,676		10,696,477
Sino Land Ltd.	2,514,689		4,571,808
SJM Holdings Ltd.	1,656,000		4,138,078
Sun Hung Kai Properties Ltd.	1,354,611		20,959,477
Swire Pacific Ltd. (A Shares)	614,384		7,929,733
Swire Properties Ltd.	984,600		3,681,649
Wharf Holdings Ltd.	1,308,585		11,439,742
Wheelock and Co. Ltd.	771,000		4,210,100
Wing Hang Bank Ltd.	148,843		1,651,444
TOTAL HONG KONG			275,713,522
Ireland - 0.3%
CRH PLC	622,245		13,528,870
Elan Corp. PLC (a)	424,537		4,774,425
Irish Bank Resolution Corp. Ltd. (a)	331,052		4
James Hardie Industries PLC CDI	383,265		3,836,563
Kerry Group PLC Class A	125,549		7,041,595
Prothena Corp. PLC (a)(d)	10,110		62,379
Ryanair Holdings PLC	262,563		1,937,524
TOTAL IRELAND			31,181,360
Isle of Man - 0.1%
Genting Singapore PLC	5,270,859		6,703,491
Israel - 0.5%
Bank Hapoalim BM (Reg.) (a)	912,772		4,048,026
Bank Leumi le-Israel BM (a)	1,116,415		3,980,164
Bezeq Israeli Telecommunication Corp. Ltd.	1,597,115		2,047,060
Delek Group Ltd.	3,486		922,247
Israel Chemicals Ltd.	389,627		5,035,906
Israel Corp. Ltd. (Class A)	1,888		1,356,361
Mellanox Technologies Ltd. (a)	29,545		1,523,492
Mizrahi Tefahot Bank Ltd. (a)	97,636		1,025,063
NICE Systems Ltd. (a)	48,473		1,708,644
Teva Pharmaceutical Industries Ltd.	772,673		28,931,543
Teva Pharmaceutical Industries Ltd. sponsored ADR	16,684		623,982
TOTAL ISRAEL			51,202,488
Italy - 1.9%
Assicurazioni Generali SpA	1,009,026		16,361,287
Atlantia SpA	284,474		4,920,984
Banca Monte dei Paschi di Siena SpA (a)(d)	5,639,059		1,553,397
Banco Popolare Societa Cooperativa (a)	1,539,725		2,597,163
Enel Green Power SpA	1,523,214		2,817,892
Enel SpA	5,704,740		20,645,366
ENI SpA	2,203,584		50,153,078
EXOR SpA	54,091		1,515,473
Fiat Industrial SpA	741,158		9,013,369
Fiat SpA (d)	781,109		4,191,283

	Shares		Value
Finmeccanica SpA (a)	348,723		$ 1,714,567
Intesa Sanpaolo SpA	8,704,539		14,125,714
Intesa Sanpaolo SpA (Risparmio Shares)	871,602		1,206,195
Luxottica Group SpA	140,726		6,564,795
Mediobanca SpA	444,082		2,700,575
Pirelli & C SpA (d)	209,953		2,438,156
Prysmian SpA	178,628		3,892,238
Saipem SpA	234,382		6,266,827
Snam Rete Gas SpA	1,465,188		6,947,566
Telecom Italia SpA	8,059,353		5,926,808
Terna SpA	1,129,054		4,719,865
UniCredit SpA (a)	3,509,033		17,830,101
Unione di Banche Italiane SCPA	753,495		3,450,909
TOTAL ITALY			191,553,608
Japan - 20.1%
ABC-Mart, Inc.	22,100		771,318
ACOM Co. Ltd. (a)	34,000		841,838
Advantest Corp.	126,490		1,814,993
Aeon Co. Ltd.	515,300		5,792,886
AEON Credit Service Co. Ltd. (d)	69,300		1,613,436
AEON Mall Co. Ltd.	64,200		1,591,667
Air Water, Inc.	125,000		1,693,818
Aisin Seiki Co. Ltd.	164,700		5,961,468
Ajinomoto Co., Inc.	564,866		7,489,700
Alfresa Holdings Corp.	34,700		1,708,982
All Nippon Airways Ltd.	989,000		2,027,295
Amada Co. Ltd.	303,000		1,977,721
Aozora Bank Ltd.	922,000		2,795,145
Asahi Glass Co. Ltd.	857,677		5,829,501
Asahi Group Holdings	332,603		8,396,709
Asahi Kasei Corp.	1,104,727		6,531,345
Asics Corp.	125,100		1,965,105
Astellas Pharma, Inc.	385,600		20,842,118
Bank of Kyoto Ltd.	276,000		2,411,911
Bank of Yokohama Ltd.	1,056,084		5,434,805
Benesse Holdings, Inc.	58,800		2,439,163
Bridgestone Corp.	564,779		17,329,069
Brother Industries Ltd.	195,800		2,049,045
Calbee, Inc.	13,800		1,176,179
Canon, Inc.	983,244		35,582,978
Casio Computer Co. Ltd. (d)	197,900		1,567,144
Central Japan Railway Co.	125,500		12,199,320
Chiba Bank Ltd.	638,674		4,072,244
Chiyoda Corp.	136,000		1,697,616
Chubu Electric Power Co., Inc.	569,864		7,144,049
Chugai Pharmaceutical Co. Ltd.	188,725		4,082,356
Chugoku Electric Power Co., Inc.(THE)	260,400		3,272,910
Citizen Holdings Co. Ltd.	222,266		1,206,169
Coca-Cola West Co. Ltd.	47,500		813,275
Cosmo Oil Co. Ltd.	472,000		1,110,109
Credit Saison Co. Ltd.	133,552		2,838,466
Dai Nippon Printing Co. Ltd.	475,242		4,178,684
Dai-ichi Mutual Life Insurance Co.	7,387		10,360,448
Common Stocks - continued
	Shares		Value
Japan - continued
Daicel Chemical Industries Ltd.	260,000		$ 2,000,000
Daido Steel Co. Ltd.	236,000		1,255,238
Daihatsu Motor Co. Ltd.	171,000		3,473,870
Daiichi Sankyo Kabushiki Kaisha	583,970		10,452,111
Daikin Industries Ltd.	203,494		7,541,287
Dainippon Sumitomo Pharma Co. Ltd.	141,600		2,045,554
Daito Trust Construction Co. Ltd.	63,563		5,691,799
Daiwa House Industry Co. Ltd.	446,184		8,192,957
Daiwa Securities Group, Inc.	1,450,985		8,969,839
DeNA Co. Ltd. (d)	91,100		2,555,400
Denki Kagaku Kogyo KK	417,358		1,589,463
Denso Corp.	422,238		17,720,420
Dentsu, Inc.	154,000		4,791,628
Don Quijote Co. Ltd.	45,600		1,795,663
East Japan Railway Co.	291,700		21,525,817
Eisai Co. Ltd.	216,078		9,627,814
Electric Power Development Co. Ltd.	97,180		2,495,290
FamilyMart Co. Ltd.	53,900		2,270,790
Fanuc Corp.	166,272		25,669,999
Fast Retailing Co. Ltd.	46,000		12,620,347
Fuji Electric Co. Ltd.	486,153		1,389,908
Fuji Heavy Industries Ltd.	505,000		7,551,300
Fujifilm Holdings Corp.	402,805		7,735,385
Fujitsu Ltd.	1,634,075		7,510,151
Fukuoka Financial Group, Inc.	648,300		2,944,593
Furukawa Electric Co. Ltd. (a)	532,790		1,207,098
Fyushu Electric Power Co., Inc.	361,870		3,470,735
GREE, Inc. (d)	75,900		923,672
GS Yuasa Corp. (d)	301,000		1,305,448
Gunma Bank Ltd.	320,663		1,743,599
Hakuhodo DY Holdings, Inc.	19,920		1,512,966
Hamamatsu Photonics K.K.	60,400		2,398,015
Hankyu Hanshin Holdings, Inc.	1,010,000		5,546,337
Hino Motors Ltd.	228,000		2,408,156
Hirose Electric Co. Ltd.	27,198		3,286,413
Hiroshima Bank Ltd.	418,000		1,754,256
Hisamitsu Pharmaceutical Co., Inc.	52,400		3,035,797
Hitachi Chemical Co. Ltd.	87,200		1,195,719
Hitachi Construction Machinery Co. Ltd.	91,100		2,092,479
Hitachi High-Technologies Corp.	57,600		1,190,653
Hitachi Ltd.	4,090,271		22,946,821
Hitachi Metals Ltd.	143,000		1,337,588
Hokkaido Electric Power Co., Inc.	150,800		1,335,708
Hokuriku Electric Power Co., Inc.	147,500		1,694,762
Honda Motor Co. Ltd.	1,414,260		52,891,351
Hoya Corp.	377,716		7,245,431
Hulic Co. Ltd.	239,400		1,795,048
Ibiden Co. Ltd.	100,400		1,571,695
Idemitsu Kosan Co. Ltd.	19,700		1,791,682
INPEX Corp.	1,915		10,185,511
Isetan Mitsukoshi Holdings Ltd.	301,587		3,338,313

	Shares		Value
Ishikawajima-Harima Heavy Industries Co. Ltd.	1,170,185		$ 3,282,426
Isuzu Motors Ltd.	1,025,000		6,303,269
Itochu Corp.	1,307,386		15,092,275
ITOCHU Techno-Solutions Corp.	23,600		1,031,179
Iyo Bank Ltd.	212,000		1,806,883
J Front Retailing Co. Ltd.	423,800		2,505,582
Japan Airlines Co. Ltd.	49,900		2,368,756
Japan Petroleum Exploration Co. Ltd.	28,300		1,073,196
Japan Prime Realty Investment Corp.	680		2,002,071
Japan Real Estate Investment Corp.	511		5,606,721
Japan Retail Fund Investment Corp.	1,753		3,426,946
Japan Steel Works Ltd.	257,000		1,502,794
Japan Tobacco, Inc.	781,000		24,645,862
JFE Holdings, Inc.	429,075		9,198,101
JGC Corp.	181,117		4,998,352
Joyo Bank Ltd.	553,941		2,767,016
JSR Corp.	155,016		3,160,861
JTEKT Corp.	185,500		1,849,196
Jupiter Telecommunications Co.	1,845		2,448,322
JX Holdings, Inc.	1,948,668		11,899,299
Kajima Corp.	759,317		2,244,609
Kamigumi Co. Ltd.	210,663		1,825,034
Kaneka Corp.	245,559		1,359,065
Kansai Electric Power Co., Inc.	643,136		5,550,855
Kansai Paint Co. Ltd.	187,000		1,981,163
Kao Corp.	456,650		14,602,552
Kawasaki Heavy Industries Ltd.	1,202,945		3,828,555
KDDI Corp.	233,500		17,533,282
Keihin Electric Express Railway Co. Ltd.	391,061		3,455,378
Keio Corp.	489,410		3,912,534
Keisei Electric Railway Co.	236,000		2,253,317
Keyence Corp.	39,562		11,144,285
Kikkoman Corp.	145,849		2,267,433
Kinden Corp.	102,000		676,772
Kintetsu Corp. (d)	1,380,100		5,806,872
Kirin Holdings Co. Ltd.	758,256		11,002,851
Kobe Steel Ltd. (a)	2,116,000		2,853,598
Koito Manufacturing Co. Ltd.	79,000		1,287,830
Komatsu Ltd.	810,245		20,437,509
Konami Corp.	89,000		1,729,302
Konica Minolta Holdings, Inc.	421,500		3,219,571
Kubota Corp.	952,864		11,503,450
Kuraray Co. Ltd.	305,186		4,148,607
Kurita Water Industries Ltd.	98,200		1,962,093
Kyocera Corp.	133,002		11,565,391
Kyowa Hakko Kirin Co., Ltd.	221,689		2,322,365
Lawson, Inc.	53,016		3,940,881
LIXIL Group Corp.	227,959		4,672,803
Mabuchi Motor Co. Ltd.	20,821		1,024,315
Makita Corp.	98,200		4,449,671
Marubeni Corp.	1,433,244		10,468,294
Marui Group Co. Ltd.	181,449		1,548,453
Maruichi Steel Tube Ltd.	41,700		1,019,893
Common Stocks - continued
	Shares		Value
Japan - continued
Mazda Motor Corp. (a)	2,309,000		$ 6,950,167
McDonald's Holdings Co. (Japan) Ltd.	53,800		1,347,757
Medipal Holdings Corp.	126,100		1,629,818
Meiji Holdings Co. Ltd.	54,129		2,330,076
Miraca Holdings, Inc.	47,400		2,288,435
Mitsubishi Chemical Holdings Corp.	1,155,775		5,424,125
Mitsubishi Corp.	1,220,202		24,209,207
Mitsubishi Electric Corp.	1,678,106		13,668,896
Mitsubishi Estate Co. Ltd.	1,084,723		27,033,230
Mitsubishi Gas Chemical Co., Inc.	327,867		2,320,431
Mitsubishi Heavy Industries Ltd.	2,633,256		14,602,369
Mitsubishi Logistics Corp.	113,000		1,837,210
Mitsubishi Materials Corp.	935,937		2,847,494
Mitsubishi Motors Corp. of Japan (a)	3,585,000		3,945,086
Mitsubishi Tanabe Pharma Corp.	187,300		2,657,239
Mitsubishi UFJ Financial Group, Inc.	11,056,230		61,278,361
Mitsubishi UFJ Lease & Finance Co. Ltd.	50,660		2,341,980
Mitsui & Co. Ltd.	1,510,123		22,385,467
Mitsui Chemicals, Inc.	745,683		1,769,881
Mitsui Fudosan Co. Ltd.	725,677		18,460,959
Mitsui OSK Lines Ltd.	938,285		3,289,919
Mizuho Financial Group, Inc.	19,828,000		43,610,133
MS&AD Insurance Group Holdings, Inc.	467,884		9,681,751
Murata Manufacturing Co. Ltd.	176,354		11,358,651
Nabtesco Corp.	92,600		1,707,341
Namco Bandai Holdings, Inc.	158,950		2,527,698
NEC Corp. (a)	2,282,951		5,640,261
Nexon Co. Ltd.	106,900		969,931
NGK Insulators Ltd.	232,309		2,506,300
NGK Spark Plug Co. Ltd.	150,000		2,278,563
NHK Spring Co. Ltd.	132,700		1,155,345
Nidec Corp. (d)	94,042		5,532,786
Nikon Corp.	291,638		6,544,471
Nintendo Co. Ltd.	92,796		8,976,889
Nippon Building Fund, Inc.	599		6,701,510
Nippon Electric Glass Co. Ltd.	328,000		1,613,637
Nippon Express Co. Ltd.	748,546		3,286,851
Nippon Meat Packers, Inc.	154,740		2,417,343
Nippon Paper Group, Inc. (d)	83,100		1,447,010
Nippon Steel Corp.	6,594,636		17,857,952
Nippon Telegraph & Telephone Corp.	379,100		17,322,100
Nippon Yusen KK	1,352,578		3,400,050
Nishi-Nippon City Bank Ltd.	560,000		1,468,120
Nissan Motor Co. Ltd.	2,157,548		21,858,800
Nisshin Seifun Group, Inc.	167,090		2,192,053
Nissin Food Holdings Co. Ltd.	49,723		1,976,796
Nitori Holdings Co. Ltd.	32,000		2,385,586
Nitto Denko Corp.	143,594		8,443,060
NKSJ Holdings, Inc.	326,903		6,923,191
NOK Corp.	83,500		1,151,289
Nomura Holdings, Inc.	3,152,747		18,087,026
Nomura Real Estate Holdings, Inc.	85,200		1,530,456

	Shares		Value
Nomura Real Estate Office Fund, Inc.	233		$ 1,430,327
Nomura Research Institute Ltd.	84,600		1,916,712
NSK Ltd.	371,576		2,898,365
NTT Data Corp.	1,063		3,375,131
NTT DoCoMo, Inc.	13,262		20,502,880
NTT Urban Development Co.	953		970,581
Obayashi Corp.	547,704		2,818,587
Odakyu Electric Railway Co. Ltd.	546,000		5,761,010
Oji Holdings Corp.	699,352		2,663,408
Olympus Corp. (a)	197,229		4,325,888
Omron Corp.	174,060		4,215,824
Ono Pharmaceutical Co. Ltd.	70,300		3,731,535
Oracle Corp. Japan	31,300		1,316,970
Oriental Ld Co. Ltd.	43,556		6,433,074
ORIX Corp.	91,888		10,230,706
Osaka Gas Co. Ltd.	1,604,525		6,231,837
Osaka Securities Exchange Co. Ltd.	44,300		3,374,237
Otsuka Corp.	13,500		1,370,536
Otsuka Holdings Co. Ltd.	316,700		10,140,960
Panasonic Corp.	1,914,273		13,772,169
Park24 Co. Ltd.	82,700		1,511,423
Rakuten, Inc.	620,100		5,358,724
Resona Holdings, Inc.	1,651,700		7,573,336
Ricoh Co. Ltd.	565,770		6,067,271
Rinnai Corp.	27,200		1,951,451
ROHM Co. Ltd.	81,244		2,879,345
Sankyo Co. Ltd. (Gunma)	43,000		1,811,576
Sanrio Co. Ltd. (d)	38,700		1,530,214
Santen Pharmaceutical Co. Ltd.	62,400		2,793,829
SBI Holdings, Inc. Japan	201,060		1,596,506
Secom Co. Ltd.	182,067		9,349,864
Sega Sammy Holdings, Inc.	176,300		3,254,389
Sekisui Chemical Co. Ltd.	372,293		3,610,868
Sekisui House Ltd.	463,467		5,365,197
Seven & i Holdings Co., Ltd.	653,600		19,081,255
Seven Bank Ltd.	487,400		1,283,047
Sharp Corp. (d)	844,675		2,679,193
Shikoku Electric Power Co., Inc.	149,100		1,825,747
Shimadzu Corp.	210,000		1,327,651
Shimamura Co. Ltd.	18,300		1,869,684
SHIMANO, Inc.	63,000		4,519,905
SHIMIZU Corp.	534,416		1,718,157
Shin-Etsu Chemical Co., Ltd.	356,462		21,920,739
Shinsei Bank Ltd.	1,281,000		2,819,333
Shionogi & Co. Ltd.	263,391		5,367,845
Shiseido Co. Ltd.	306,750		4,067,275
Shizuoka Bank Ltd.	505,274		5,020,578
Showa Denko KK	1,226,336		1,905,193
Showa Shell Sekiyu KK	170,600		1,235,005
SMC Corp.	46,171		8,009,814
So-net M3, Inc.	534		919,478
Softbank Corp.	822,030		30,463,620
Sojitz Corp.	1,018,500		1,560,330
Sony Corp. (d)	872,285		12,722,762
Common Stocks - continued
	Shares		Value
Japan - continued
Sony Financial Holdings, Inc.	148,200		$ 2,340,757
Stanley Electric Co. Ltd.	124,125		2,161,374
Sumco Corp.	92,200		922,099
Sumitomo Chemical Co. Ltd.	1,267,334		3,746,353
Sumitomo Corp.	977,542		11,959,571
Sumitomo Electric Industries Ltd.	658,106		7,668,081
Sumitomo Heavy Industries Ltd.	460,822		2,033,404
Sumitomo Metal Mining Co. Ltd.	447,065		7,046,736
Sumitomo Mitsui Financial Group, Inc.	1,165,400		46,510,051
Sumitomo Mitsui Trust Holdings, Inc.	2,679,722		10,407,810
Sumitomo Realty & Development Co. Ltd.	309,000		10,451,127
Sumitomo Rubber Industries Ltd.	144,000		2,243,349
Suzuken Co. Ltd.	59,760		2,079,253
Suzuki Motor Corp.	311,900		7,460,161
Sysmex Corp.	63,500		3,329,485
T&D Holdings, Inc.	508,800		6,038,192
Taiheiyo Cement Corp.	995,000		2,458,248
Taisei Corp.	861,594		2,546,949
Taisho Pharmaceutical Holdings Co. Ltd.	31,557		2,175,523
Taiyo Nippon Sanso Corp.	203,000		1,425,752
Takashimaya Co. Ltd.	239,000		1,871,982
Takeda Pharmaceutical Co. Ltd.	685,142		35,443,476
TDK Corp.	104,525		3,608,588
Teijin Ltd.	773,341		1,793,811
Terumo Corp.	140,812		6,183,028
The Chugoku Bank Ltd.	149,000		2,184,605
The Hachijuni Bank Ltd.	362,000		1,937,124
The Suruga Bank Ltd.	176,000		2,586,169
THK Co. Ltd.	100,800		1,882,455
Tobu Railway Co. Ltd.	874,297		4,801,135
Toho Co. Ltd.	107,554		2,067,766
Toho Gas Co. Ltd.	344,000		1,900,183
Tohoku Electric Power Co., Inc. (a)	380,090		2,940,172
Tokio Marine Holdings, Inc.	604,500		17,073,912
Tokyo Electric Power Co. (a)	1,266,918		2,870,350
Tokyo Electron Ltd.	150,618		6,987,349
Tokyo Gas Co. Ltd.	2,150,395		10,393,537
Tokyu Corp.	966,954		5,789,831
Tokyu Land Corp.	357,000		2,696,084
TonenGeneral Sekiyu KK	234,856		2,331,077
Toppan Printing Co. Ltd.	474,013		3,191,111
Toray Industries, Inc.	1,276,883		7,866,007
Toshiba Corp.	3,491,880		16,086,231
Toto Ltd.	243,185		2,198,609
Toyo Seikan Kaisha Ltd.	136,000		1,976,394
Toyo Suisan Kaisha Ltd.	80,000		2,343,295
Toyoda Gosei Co. Ltd.	56,700		1,309,685
Toyota Boshoku Corp.	55,400		755,482
Toyota Industries Corp.	147,686		5,273,931
Toyota Motor Corp.	2,392,651		122,885,559
Toyota Tsusho Corp.	185,200		4,719,413
Trend Micro, Inc.	92,700		2,620,283

	Shares		Value
Tsumura & Co.	52,700		$ 1,844,983
Ube Industries Ltd.	843,605		1,783,866
Unicharm Corp.	98,280		5,693,857
Ushio, Inc.	85,500		939,033
USS Co. Ltd.	19,780		2,174,541
West Japan Railway Co.	146,800		6,485,554
Yahoo! Japan Corp.	12,454		5,273,703
Yakult Honsha Co. Ltd. (d)	84,466		3,139,339
Yamada Denki Co. Ltd. (d)	75,825		2,756,826
Yamaguchi Financial Group, Inc.	184,000		1,719,107
Yamaha Corp.	144,743		1,438,217
Yamaha Motor Co. Ltd.	237,900		2,843,815
Yamato Holdings Co. Ltd.	322,832		5,402,011
Yamato Kogyo Co. Ltd.	39,700		1,136,305
Yamazaki Baking Co. Ltd.	95,000		1,200,183
Yaskawa Electric Corp.	174,000		1,569,360
Yokogawa Electric Corp.	190,200		1,910,413
TOTAL JAPAN			2,012,306,971
Luxembourg - 0.4%
ArcelorMittal SA (Netherlands)	866,483		12,972,706
Millicom International Cellular SA (depository receipt)	54,428		4,270,991
SES SA FDR (France) unit	265,156		8,162,793
Subsea 7 SA	244,665		5,783,448
Tenaris SA	410,374		8,443,637
TOTAL LUXEMBOURG			39,633,575
Malta - 0.0%
BGP Holdings PLC (a)	5,796,476		76
Mauritius - 0.0%
Golden Agri-Resources Ltd.	6,459,680		3,390,497
Netherlands - 2.7%
AEGON NV	1,535,121		9,138,043
Akzo Nobel NV	206,175		13,170,575
ASML Holding NV (Netherlands)	273,067		19,381,276
Corio NV	54,555		2,516,710
D.E. Master Blenders 1753 NV (a)	499,397		6,018,499
Delta Lloyd NV	151,351		2,679,406
European Aeronautic Defence and Space Co. (EADS) NV	394,396		20,173,927
Fugro NV (Certificaten Van Aandelen)	58,718		2,797,681
Gemalto NV	69,209		6,301,414
Heineken Holding NV (A Shares)	93,458		5,856,676
Heineken NV (Bearer)	198,947		14,854,259
ING Groep NV (Certificaten Van Aandelen) (a)	3,312,123		26,516,269
Koninklijke Ahold NV	879,087		12,624,612
Koninklijke Boskalis Westminster NV	62,454		2,676,038
Koninklijke KPN NV (d)	884,593		3,018,857
Koninklijke Philips Electronics NV	847,093		23,931,565
QIAGEN NV (a)	201,076		4,273,740
Randstad Holding NV	101,052		4,296,250
Common Stocks - continued
	Shares		Value
Netherlands - continued
Reed Elsevier NV	586,731		$ 8,916,317
Royal DSM NV	134,271		7,860,340
STMicroelectronics NV	548,997		4,371,542
TNT Express NV	270,471		2,048,058
Unilever NV (Certificaten Van Aandelen) (Bearer)	1,406,935		54,562,905
Vopak NV	60,401		4,345,783
Wolters Kluwer NV (Certificaten Van Aandelen)	250,592		4,992,467
Ziggo NV	101,123		3,419,347
TOTAL NETHERLANDS			270,742,556
New Zealand - 0.1%
Auckland International Airport Ltd.	745,860		1,744,985
Contact Energy Ltd.	295,135		1,315,096
Fletcher Building Ltd.	582,032		4,402,668
Sky City Entertainment Group Ltd.	556,571		1,955,498
Telecom Corp. of New Zealand Ltd.	1,640,384		3,281,775
TOTAL NEW ZEALAND			12,700,022
Norway - 0.7%
Aker Solutions ASA	141,961		2,796,835
DnB NOR ASA	841,986		12,540,248
Gjensidige Forsikring ASA	168,366		2,690,888
Norsk Hydro ASA	813,467		3,599,223
Orkla ASA (A Shares)	651,421		5,332,150
StatoilHydro ASA	963,836		23,926,932
Telenor ASA	607,154		13,072,314
Yara International ASA	162,047		7,745,692
TOTAL NORWAY			71,704,282
Portugal - 0.2%
Banco Espirito Santo SA (Reg.) (a)(d)	1,742,100		2,094,721
Energias de Portugal SA	1,682,156		5,046,727
Galp Energia SGPS SA Class B	236,440		3,648,648
Jeronimo Martins SGPS SA	186,403		3,714,867
Portugal Telecom SGPS SA (Reg.) (d)	519,863		2,626,084
TOTAL PORTUGAL			17,131,047
Singapore - 1.6%
Ascendas Real Estate Investment Trust	1,606,183		3,333,245
CapitaCommercial Trust (REIT)	1,675,000		2,245,236
CapitaLand Ltd.	2,240,437		7,073,731
CapitaMall Trust	2,049,200		3,557,639
CapitaMalls Asia Ltd.	1,166,000		1,958,398
City Developments Ltd.	429,000		3,869,453
ComfortDelgro Corp. Ltd.	1,642,784		2,546,952
DBS Group Holdings Ltd.	1,585,020		19,339,189
Global Logistic Properties Ltd.	1,872,000		3,839,535
Hutchison Port Holdings Trust	4,574,000		3,704,940
Jardine Cycle & Carriage Ltd.	93,267		3,886,125
Keppel Corp. Ltd.	1,252,400		11,771,589
Keppel Ld Ltd.	672,000		2,257,364

	Shares		Value
Olam International Ltd.	1,348,700		$ 1,813,296
Oversea-Chinese Banking Corp. Ltd.	2,234,793		18,226,267
SembCorp Industries Ltd.	838,130		3,580,190
SembCorp Marine Ltd.	749,800		2,718,509
Singapore Airlines Ltd.	451,425		3,969,653
Singapore Exchange Ltd.	732,000		4,492,248
Singapore Press Holdings Ltd.	1,419,021		4,789,654
Singapore Technologies Engineering Ltd.	1,314,161		4,510,000
Singapore Telecommunications Ltd.	6,915,827		19,210,631
StarHub Ltd.	520,000		1,759,367
United Overseas Bank Ltd.	1,101,829		16,975,854
UOL Group Ltd.	382,984		2,013,264
Wilmar International Ltd.	1,663,000		4,767,159
Yangzijiang Shipbuilding Holdings Ltd.	1,681,000		1,309,888
TOTAL SINGAPORE			159,519,376
Spain - 2.9%
Abertis Infraestructuras SA	324,996		5,711,058
ACS Actividades de Construccion y Servicios SA (d)	119,956		2,850,276
Amadeus IT Holding SA Class A	273,293		6,993,234
Banco Bilbao Vizcaya Argentaria SA	4,721,768		45,741,308
Banco de Sabadell SA (d)	2,448,849		5,329,557
Banco Popular Espanol SA	4,753,712		4,127,129
Banco Santander SA (Spain)	9,135,615		69,173,609
Bankia SA (a)(d)	828,423		351,503
Cintra Concesiones de Infrastructuras de Transporte SA	350,361		5,493,540
Criteria CaixaCorp SA (d)	969,371		3,976,397
Distribuidora Internacional de Alimentacion SA	544,427		4,252,577
Enagas SA	166,787		3,994,601
Gas Natural SDG SA	298,392		5,919,450
Grifols SA (d)	132,112		4,706,085
Grupo Acciona SA (d)	23,608		1,449,840
Iberdrola SA	4,087,541		20,225,294
Inditex SA	189,036		25,333,604
International Consolidated Airlines Group SA CDI (a)	780,265		2,831,413
MAPFRE SA (Reg.)	646,648		2,104,669
Red Electrica Corporacion SA	94,167		5,210,186
Repsol YPF SA	721,813		15,369,940
Telefonica SA	3,552,075		46,362,939
Zardoya Otis SA	128,897		1,819,123
TOTAL SPAIN			289,327,332
Sweden - 3.2%
Alfa Laval AB	293,092		6,820,414
ASSA ABLOY AB (B Shares)	288,586		11,445,451
Atlas Copco AB:
(A Shares)	583,310		16,956,162
(B Shares)	336,490		8,709,594
Boliden AB	233,265		3,960,246
Electrolux AB (B Shares)	222,675		5,684,455
Elekta AB (B Shares) (d)	316,468		4,746,482
Common Stocks - continued
	Shares		Value
Sweden - continued
Getinge AB (B Shares)	170,552		$ 5,134,440
H&M Hennes & Mauritz AB (B Shares)	822,731		29,525,909
Hexagon AB (B Shares)	205,579		5,861,516
Husqvarna AB (B Shares)	387,673		2,395,907
Industrivarden AB Series C	92,520		1,650,866
Investment AB Kinnevik	179,090		4,084,450
Investor AB (B Shares)	396,878		11,628,843
Lundin Petroleum AB (a)	193,267		4,389,851
Nordea Bank AB	2,280,340		26,391,355
Ratos AB (B Shares)	158,647		1,630,036
Sandvik AB	867,399		14,095,871
Scania AB (B Shares)	278,764		5,801,657
Securitas AB (B Shares)	279,842		2,606,995
Skandinaviska Enskilda Banken AB (A Shares)	1,219,801		12,702,724
Skanska AB (B Shares)	329,314		5,845,509
SKF AB (B Shares)	341,047		8,389,860
Svenska Cellulosa AB (SCA) (B Shares)	503,226		12,301,702
Svenska Handelsbanken AB (A Shares)	429,710		18,676,977
Swedbank AB (A Shares)	700,541		16,843,573
Swedish Match Co. AB	175,789		5,756,890
Tele2 AB (B Shares)	273,644		4,358,062
Telefonaktiebolaget LM Ericsson (B Shares)	2,639,359		32,085,615
TeliaSonera AB	1,877,434		12,883,156
Volvo AB (B Shares)	1,303,312		19,547,463
TOTAL SWEDEN			322,912,031
Switzerland - 8.9%
ABB Ltd. (Reg.)	1,903,134		43,297,362
Actelion Ltd.	93,538		4,826,094
Adecco SA (Reg.)	115,114		6,564,433
Aryzta AG	75,216		4,321,329
Baloise Holdings AG	42,496		3,812,988
Banque Cantonale Vaudoise (Bearer)	3,995		2,276,038
Barry Callebaut AG	1,518		1,481,884
Compagnie Financiere Richemont SA Series A	452,089		36,343,653
Credit Suisse Group	1,086,005		28,950,466
Ems-Chemie Holding AG	6,938		1,956,008
Geberit AG (Reg.)	34,994		8,460,088
Givaudan SA	7,262		8,677,521
Holcim Ltd. (Reg.)	196,983		15,919,623
Julius Baer Group Ltd.	190,677		7,225,912
Kuehne & Nagel International AG	47,248		5,434,049
Lindt & Spruengli AG	95		4,053,691
Lindt & Spruengli AG (participation certificate)	785		2,834,141
Lonza Group AG	43,952		2,745,535
Nestle SA	2,793,781		195,035,435
Novartis AG	1,991,817		134,882,143
Pargesa Holding SA	25,831		1,845,071
Partners Group Holding AG	14,886		3,439,995

	Shares		Value
Roche Holding AG (participation certificate)	608,346		$ 139,349,073
Schindler Holding AG:
(participation certificate)	43,262		6,701,848
(Reg.)	19,147		2,880,323
SGS SA (Reg.)	4,757		12,089,165
Sika AG (Bearer)	1,810		4,491,689
Sonova Holding AG Class B	43,220		5,173,673
Sulzer AG (Reg.)	20,818		3,644,760
Swatch Group AG (Bearer)	26,971		15,337,184
Swatch Group AG (Bearer) (Reg.)	35,898		3,648,015
Swiss Life Holding AG	26,389		4,330,127
Swiss Prime Site AG	44,891		3,604,020
Swiss Re Ltd.	304,246		24,328,644
Swisscom AG	19,903		9,054,347
Syngenta AG (Switzerland)	80,796		34,288,683
Transocean Ltd. (Switzerland)	310,999		16,364,526
UBS AG	3,156,508		49,873,806
Zurich Insurance Group AG	127,202		34,809,893
TOTAL SWITZERLAND			894,353,235
United Kingdom - 20.5%
3I Group PLC	811,493		3,944,366
Aberdeen Asset Management PLC	779,605		5,084,426
Admiral Group PLC	179,105		3,399,108
Aggreko PLC	236,251		6,078,542
AMEC PLC	269,286		4,264,952
Anglo American PLC (United Kingdom)	1,206,241		35,171,215
Antofagasta PLC	337,784		5,600,917
ARM Holdings PLC	1,196,630		17,324,184
Associated British Foods PLC	309,375		8,692,128
AstraZeneca PLC (United Kingdom)	1,092,046		49,519,003
Aviva PLC	2,551,590		13,733,093
Babcock International Group PLC	306,191		4,984,161
BAE Systems PLC	2,816,033		15,170,095
Balfour Beatty PLC	587,853		2,545,204
Barclays PLC	10,083,098		46,784,744
BG Group PLC	2,949,534		52,151,353
BHP Billiton PLC	1,831,875		57,806,397
BP PLC	16,530,609		110,846,445
British American Tobacco PLC (United Kingdom)	1,675,411		87,160,596
British Land Co. PLC	736,164		6,337,826
British Sky Broadcasting Group PLC	945,705		12,201,969
BT Group PLC	6,828,595		27,715,416
Bunzl PLC	291,648		5,579,226
Burberry Group PLC	386,477		8,067,556
Capita Group PLC	570,693		7,129,615
Capital Shopping Centres Group PLC	454,945		2,296,210
Carnival PLC	160,195		6,009,217
Centrica PLC	4,498,254		24,027,573
Cobham PLC	913,258		3,205,950
Compass Group PLC	1,588,108		19,285,960
Croda International PLC	118,257		4,650,094
Common Stocks - continued
	Shares		Value
United Kingdom - continued
Diageo PLC	2,170,933		$ 65,097,964
Eurasian Natural Resources Corp. PLC	216,398		1,110,922
Evraz PLC	292,847		1,212,395
Fresnillo PLC	152,342		3,589,145
G4S PLC (United Kingdom)	1,213,882		5,342,249
GKN PLC	1,431,364		5,928,061
GlaxoSmithKline PLC	4,256,079		93,790,184
Hammerson PLC	611,193		4,584,128
Hargreaves Lansdown PLC	198,870		2,615,702
HSBC Holdings PLC (United Kingdom)	15,953,686		176,697,804
ICAP PLC	461,866		2,333,244
IMI PLC	282,536		5,242,038
Imperial Tobacco Group PLC	855,341		31,012,522
Inmarsat PLC	381,645		3,772,019
InterContinental Hotel Group PLC	229,649		6,658,867
Intertek Group PLC	139,021		7,042,011
Invensys PLC	696,977		3,786,367
Investec PLC	454,370		3,304,514
ITV PLC	3,175,193		5,982,623
J Sainsbury PLC	1,075,428		5,641,651
Johnson Matthey PLC	180,113		6,284,530
Kazakhmys PLC	178,937		1,680,315
Kingfisher PLC	2,073,402		8,712,909
Land Securities Group PLC	672,488		8,462,542
Legal & General Group PLC	5,102,901		12,393,911
Lloyds Banking Group PLC (a)	36,587,645		30,075,229
London Stock Exchange Group PLC	149,886		3,033,310
Marks & Spencer Group PLC	1,398,365		7,876,720
Meggitt PLC	666,268		4,594,923
Melrose PLC	1,054,574		4,138,790
National Grid PLC	3,174,996		35,078,258
Next PLC	140,853		8,972,467
Old Mutual PLC	4,222,968		12,973,069
Pearson PLC	707,551		12,379,704
Prudential PLC	2,215,214		32,879,879
Reckitt Benckiser Group PLC	560,757		37,677,344
Reed Elsevier PLC	1,043,632		11,225,185
Rexam PLC	688,032		5,370,243
Rio Tinto PLC	1,162,410		62,156,818
Rolls-Royce Group PLC	1,623,207		25,314,358
Royal & Sun Alliance Insurance Group PLC	3,055,837		5,595,480
Royal Bank of Scotland Group PLC (a)	1,842,748		9,026,800
Royal Dutch Shell PLC:
Class A (Netherlands)	55,606		1,826,356
Class A (United Kingdom)	3,186,091		104,645,785
Class B (United Kingdom)	2,271,273		76,429,969
SABMiller PLC	829,631		41,244,051
Sage Group PLC	1,121,951		5,786,990

	Shares		Value
Schroders PLC	93,701		$ 2,831,610
Scottish & Southern Energy PLC	827,116		18,144,066
Segro PLC	611,175		2,372,661
Serco Group PLC	429,654		3,718,557
Severn Trent PLC	208,569		5,122,671
Smith & Nephew PLC	779,082		8,345,470
Smiths Group PLC	336,438		6,436,059
Standard Chartered PLC (United Kingdom)	2,089,395		56,928,112
Standard Life PLC	2,034,954		10,882,123
Tate & Lyle PLC	397,529		4,899,955
Tesco PLC	6,966,890		39,063,470
The Weir Group PLC	185,225		6,586,537
TUI Travel PLC	416,653		2,005,601
Tullow Oil PLC	786,412		14,483,340
Unilever PLC	1,111,414		44,260,442
United Utilities Group PLC	594,882		6,651,173
Vedanta Resources PLC	98,791		1,762,482
Vodafone Group PLC	42,653,684		106,983,824
Whitbread PLC	151,980		5,817,061
WM Morrison Supermarkets PLC	2,009,502		7,913,945
Xstrata PLC	1,822,323		32,137,953
TOTAL UNITED KINGDOM			2,054,694,998
TOTAL COMMON STOCKS (Cost $9,789,242,801)		9,745,150,149
Nonconvertible Preferred Stocks - 0.9%

France - 0.3%
Air Liquide SA (a)	235,965		28,711,575
Germany - 0.6%
Bayerische Motoren Werke AG (BMW) (non-vtg.)	44,105		2,867,836
Henkel AG & Co. KGaA	155,124		13,672,269
Porsche Automobil Holding SE (Germany)	133,022		10,546,789
ProSiebenSat.1 Media AG	89,616		3,088,752
RWE AG (non-vtg.)	33,945		1,216,499
Volkswagen AG	125,638		27,433,464
TOTAL GERMANY			58,825,609
Italy - 0.0%
Telecom Italia SpA (Risparmio Shares)	5,345,527		3,456,804
TOTAL NONCONVERTIBLE PREFERRED STOCKS (Cost $66,038,680)		90,993,988

Government Obligations - 0.2%
	Principal Amount	Value
United States of America - 0.2%
U.S. Treasury Bills, yield at date of purchase 0.1% to 0.15% 4/25/13 to 9/19/13 (e) (Cost $17,991,606)	$ 18,000,000	$ 17,991,398

Money Market Funds - 4.1%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	284,240,539		284,240,539
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	130,790,746		130,790,746
TOTAL MONEY MARKET FUNDS (Cost $415,031,285)		415,031,285
TOTAL INVESTMENT PORTFOLIO - 102.4% (Cost $10,288,304,372)		10,269,166,820
NET OTHER ASSETS (LIABILITIES) - (2.4)%			(238,260,795)
NET ASSETS - 100%		$ 10,030,906,025

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
Purchased
Equity Index Contracts
70 CAC 40 Index Contracts (France)	March 2013	$ 3,402,394	$ 30,243
115 CME NIKKEI 225 Index Contracts (Japan)	March 2013	7,146,402	394,211
42 EUREX DAX Index Contracts	March 2013	10,624,598	64,053
1,218 EUREX Dow Jones EURO STOXX 50 Index Contracts (European Union)	March 2013	41,900,713	(1,203,947)
48 Hang Seng Index Contracts (Hong Kong)	March 2013	7,108,773	(472)
549 LIFFE FTSE 100 Index Contracts (United Kingdom)	March 2013	52,957,432	1,369,406
432 OMX Stockholm 30 Index Contracts (Sweden)	March 2013	7,993,877	116,484
176 SFE SPI 200 Index Contracts	March 2013	22,853,922	977,902
75 Singapore Exch Derivatives Ltd.	March 2013	4,471,899	(40,060)

	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
200 TSE TOPIX Index Contracts	March 2013	$ 20,951,558	$ 397,481
155 TSE TOPIX Index Contracts	June 2013	16,103,678	94,692
TOTAL EQUITY INDEX CONTRACTS		$ 195,515,246	$ 2,199,993

The face value of futures purchased as a percentage of net assets is 1.9%

Forward Foreign Currency Contracts
	Settlement Dates	Value	Unrealized Appreciation/ (Depreciation)
Contracts to Buy with Goldman Sachs
21,700,000 AUD	March 2013	22,134,170	(621,067)
42,900,000 EUR	March 2013	56,015,388	(1,462,598)
35,200,000 GBP	March 2013	53,394,498	(3,212,078)
4,060,000,000 JPY	March 2013	43,804,517	(3,707,304)
52,700,000 SEK	March 2013	8,145,207	(32,286)
		$ 183,493,780	$ (9,035,333)

(Payable Amount $192,529,113)

The value of contracts to buy as a percentage of net assets - 1.8%

Currency Abbreviations
AUD	-	Australian dollar
EUR	-	European Monetary Unit
GBP	-	British pound
JPY	-	Japanese yen
SEK	-	Swedish krona

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $17,501,664.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 200,453
Fidelity Securities Lending Cash Central Fund	3,123,655
Total	$ 3,324,108

Other Information

Categorizations in the Schedule of Investments are based on country or territory of incorporation.

The following is a summary of the inputs used, as of February 28, 2013, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the tables below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 1,070,000,006	$ 796,826,332	$ 273,173,674	$ -
Consumer Staples	1,168,468,766	657,108,149	511,360,617	-
Energy	717,413,316	254,098,161	463,315,155	-
Financials	2,485,832,322	1,740,942,419	744,889,816	87
Health Care	982,928,863	475,637,279	507,291,584	-
Industrials	1,237,916,173	1,087,959,992	149,956,181	-
Information Technology	424,471,152	230,913,570	193,557,582	-
Materials	928,927,199	633,180,099	295,747,100	-
Telecommunication Services	464,355,031	217,942,836	246,412,195	-
Utilities	355,831,309	316,857,858	38,973,451	-
Government Obligations	17,991,398	-	17,991,398	-
Money Market Funds	415,031,285	415,031,285	-	-
Total Investments in Securities:	$ 10,269,166,820	$ 6,826,497,980	$ 3,442,668,753	$ 87
Derivative Instruments:
Assets
Futures Contracts	$ 3,444,472	$ 3,444,472	$ -	$ -
Liabilities
Forward Foreign Currency Contracts	$ (9,035,333)	$ -	$ (9,035,333)	$ -
Futures Contracts	(1,244,479)	(1,244,479)	-	-
Total Liabilities	$ (10,279,812)	$ (1,244,479)	$ (9,035,333)	$ -
Total Derivative Instruments:	$ (6,835,340)	$ 2,199,993	$ (9,035,333)	$ -

The following is a summary of transfers between Level 1 and Level 2 for the period ended February 28, 2013. Transfers are assumed to have occurred at the beginning of the period, and are primarily attributable to the valuation techniques used for foreign equity securities, as discussed in the accompanying Notes to Financial Statements:

Transfers	Total
Level 1 to Level 2	$ 306,488,007
Level 2 to Level 1	$ 24,368,273

Value of Derivative Instruments

Primary Risk Exposure / Derivative Type	Value
	Asset	Liability
Equity Risk
Futures Contracts (b)	$ 3,444,472	$ (1,244,479)
Foreign Exchange Risk
Forward Foreign Currency Contracts (a)	-	(9,035,333)
Total Value of Derivatives	$ 3,444,472	$ (10,279,812)

(a) Value is disclosed net on the Statement of Assets and Liabilities in the unrealized appreciation/depreciation on forward foreign currency contracts line-items.

(b) Reflects cumulative appreciation/(depreciation) on futures contracts as disclosed on the Schedule of Investments. Only the period end variation margin is separately disclosed on the Statement of Assets and Liabilities.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan International Index Fund

Financial Statements

Statement of Assets and Liabilities

	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $123,106,373) - See accompanying schedule: Unaffiliated issuers (cost $9,873,273,087)	$ 9,854,135,535
Fidelity Central Funds (cost $415,031,285)	415,031,285
Total Investments (cost $10,288,304,372)		$ 10,269,166,820
Foreign currency held at value (cost $8,299,148)		8,274,245
Receivable for investments sold		2,139,628
Receivable for fund shares sold		40,670,694
Dividends receivable		30,788,018
Distributions receivable from Fidelity Central Funds		150,292
Receivable for daily variation margin on futures contracts		3,265,352
Receivable from investment adviser for expense reductions		284,086
Other receivables		2,418
Total assets		10,354,741,553

Liabilities
Payable for investments purchased	$ 161,184,895
Unrealized depreciation on foreign currency contracts	9,035,333
Payable for closed foreign currency contracts	458,137
Payable for fund shares redeemed	21,063,654
Accrued management fee	499,479
Other affiliated payables	803,284
Collateral on securities loaned, at value	130,790,746
Total liabilities		323,835,528

Net Assets		$ 10,030,906,025
Net Assets consist of:
Paid in capital		$ 10,692,409,688
Undistributed net investment income		9,035,338
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions		(643,340,907)
Net unrealized appreciation (depreciation) on investments and assets and liabilities in foreign currencies		(27,198,094)
Net Assets		$ 10,030,906,025

Statement of Assets and Liabilities - continued

	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($2,282,743,134 ÷ 64,657,566 shares)		$ 35.31

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($5,322,884,388 ÷ 150,749,541 shares)		$ 35.31

Institutional Class: Net Asset Value, offering price and redemption price per share ($1,269,545,087 ÷ 35,950,229 shares)		$ 35.31

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($1,155,733,416 ÷ 32,728,260 shares)		$ 35.31

See accompanying notes which are an integral part of the financial statements.

Annual Report

Statement of Operations

	Year ended February 28, 2013

Investment Income
Dividends		$ 312,936,755
Interest		25,070
Income from Fidelity Central Funds (including $3,123,655 from security lending)		3,324,108
Income before foreign taxes withheld		316,285,933
Less foreign taxes withheld		(21,433,633)
Total income		294,852,300

Expenses
Management fee	$ 5,276,000
Transfer agent fees	8,789,006
Independent trustees' compensation	57,027
Miscellaneous	22,592
Total expenses before reductions	14,144,625
Expense reductions	(2,378,678)	11,765,947
Net investment income (loss)		283,086,353
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	(90,747,705)
Foreign currency transactions	(4,711,849)
Futures contracts	16,416,860
Total net realized gain (loss)		(79,042,694)
Change in net unrealized appreciation (depreciation) on: Investment securities	702,911,670
Assets and liabilities in foreign currencies	(8,679,624)
Futures contracts	(4,222,110)
Total change in net unrealized appreciation (depreciation)		690,009,936
Net gain (loss)		610,967,242
Net increase (decrease) in net assets resulting from operations		$ 894,053,595

Statement of Changes in Net Assets

	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 283,086,353	$ 307,056,865
Net realized gain (loss)	(79,042,694)	116,950,073
Change in net unrealized appreciation (depreciation)	690,009,936	(1,208,752,485)
Net increase (decrease) in net assets resulting from operations	894,053,595	(784,745,547)
Distributions to shareholders from net investment income	(263,200,177)	(282,810,129)
Distributions to shareholders from net realized gain	(10,605,696)	(5,246,083)
Total distributions	(273,805,873)	(288,056,212)
Share transactions - net increase (decrease)	690,478,893	(204,144,449)
Redemption fees	579,443	929,822
Total increase (decrease) in net assets	1,311,306,058	(1,276,016,386)

Net Assets
Beginning of period	8,719,599,967	9,995,616,353
End of period (including undistributed net investment income of $9,035,338 and undistributed net investment income of $1,453,417, respectively)	$ 10,030,906,025	$ 8,719,599,967

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 33.06	$ 37.29	$ 31.74	$ 20.85	$ 43.23
Income from Investment Operations
Net investment income (loss)^B	1.03	1.19	.94	.82	1.30
Net realized and unrealized gain (loss)	2.23	(4.28)	5.45	10.93	(22.75)
Total from investment operations	3.26	(3.09)	6.39	11.75	(21.45)
Distributions from net investment income	(.97)	(1.12)	(.81)	(.74)	(.94)
Distributions from net realized gain	(.04)	(.02)	(.03)	(.12)	-
Total distributions	(1.01)	(1.14)	(.84)	(.86)	(.94)
Redemption fees added to paid in capital^B	-^G	-^G	-^G	-^G	.01
Net asset value, end of period	$ 35.31	$ 33.06	$ 37.29	$ 31.74	$ 20.85
Total Return^A	10.01%	(7.92)%	20.34%	56.36%	(50.03)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.20%	.20%	.20%	.20%	.20%
Expenses net of fee waivers, if any	.20%	.11%	.10%	.10%	.10%
Expenses net of all reductions	.20%	.11%	.10%	.10%	.10%
Net investment income (loss)	3.16%	3.54%	2.84%	2.72%	3.75%
Supplemental Data
Net assets, end of period (000 omitted)	$ 2,282,743	$ 3,424,239	$ 6,932,647	$ 5,488,131	$ 2,697,776
Portfolio turnover rate^D	1%	9%	1%	2%	4%

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 33.07	$ 37.29	$ 31.74	$ 20.85	$ 43.23
Income from Investment Operations
Net investment income (loss)^B	1.06	1.20	.96	.83	1.31
Net realized and unrealized gain (loss)	2.22	(4.28)	5.44	10.93	(22.75)
Total from investment operations	3.28	(3.08)	6.40	11.76	(21.44)
Distributions from net investment income	(1.00)	(1.12)	(.82)	(.75)	(.95)
Distributions from net realized gain	(.04)	(.02)	(.03)	(.12)	-
Total distributions	(1.04)	(1.14)	(.85)	(.87)	(.95)
Redemption fees added to paid in capital^B	-^G	-^G	-^G	-^G	.01
Net asset value, end of period	$ 35.31	$ 33.07	$ 37.29	$ 31.74	$ 20.85
Total Return^A	10.07%	(7.87)%	20.38%	56.40%	(50.02)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.17%	.17%	.17%	.17%	.17%
Expenses net of fee waivers, if any	.12%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.12%	.07%	.07%	.07%	.07%
Net investment income (loss)	3.24%	3.57%	2.87%	2.75%	3.78%
Supplemental Data
Net assets, end of period (000 omitted)	$ 5,322,884	$ 3,476,600	$ 3,062,970	$ 2,178,395	$ 1,155,867
Portfolio turnover rate^D	1%	9%	1%	2%	4%

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Institutional Class

Years ended February 28,	2013	2012^{H, J}
Selected Per-Share Data
Net asset value, beginning of period	$ 33.07	$ 31.29
Income from Investment Operations
Net investment income (loss)^D	1.07	.32
Net realized and unrealized gain (loss)	2.22	2.48^G
Total from investment operations	3.29	2.80
Distributions from net investment income	(1.01)	(1.02)
Distributions from net realized gain	(.04)	-
Total distributions	(1.05)	(1.02)
Redemption fees added to paid in capital^{D, K}	-	-
Net asset value, end of period	$ 35.31	$ 33.07
Total Return^{B, C}	10.12%	9.44%
Ratios to Average Net Assets^{E, I}
Expenses before reductions	.10%^M	.10%^{A, M}
Expenses net of fee waivers, if any	.07%	.07%^A
Expenses net of all reductions	.07%	.07%^A
Net investment income (loss)	3.29%	2.19%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 1,269,545	$ 860,659
Portfolio turnover rate^F	1%	9%^L

^A Annualized ^B Total returns for periods of less than one year are not annualized. ^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^D Calculated based on average shares outstanding during the period. ^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^G The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments of the Fund. ^H For the period September 8, 2011 (commencement of sale of shares) to February 29, 2012. ^I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer-term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^J For the year ended February 29. ^K Amount represents less than $.01 per share. ^L Amount not annualized. ^M Amount represents .095%.

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^{H, J}
Selected Per-Share Data
Net asset value, beginning of period	$ 33.07	$ 31.29
Income from Investment Operations
Net investment income (loss)^D	1.08	.32
Net realized and unrealized gain (loss)	2.22	2.48^G
Total from investment operations	3.30	2.80
Distributions from net investment income	(1.02)	(1.02)
Distributions from net realized gain	(.04)	-
Total distributions	(1.06)	(1.02)
Redemption fees added to paid in capital^{D, K}	-	-
Net asset value, end of period	$ 35.31	$ 33.07
Total Return^{B, C}	10.13%	9.45%
Ratios to Average Net Assets^{E, I}
Expenses before reductions	.08%^M	.08%^{A, M}
Expenses net of fee waivers, if any	.06%	.06%^A
Expenses net of all reductions	.06%	.06%^A
Net investment income (loss)	3.30%	2.17%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 1,155,733	$ 958,101
Portfolio turnover rate^F	1%	9%^L

^A Annualized ^B Total returns for periods of less than one year are not annualized. ^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^D Calculated based on average shares outstanding during the period. ^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^G The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments of the Fund. ^H For the period September 8, 2011 (commencement of sale of shares) to February 29, 2012. ^I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer-term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^J For the year ended February 29. ^K Amount represents less than $.01 per share. ^L Amount not annualized. ^M Amount represents .075%.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Notes to Financial Statements

For the period ended February 28, 2013

1. Organization.

Spartan Extended Market Index Fund and Spartan International Index Fund (the Funds) are funds of Fidelity Concord Street Trust (the Trust). The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. Each Fund is authorized to issue an unlimited number of shares. Spartan Extended Market Index Fund offers Investor Class, Fidelity Advantage Class and Fidelity Advantage Institutional Class shares. Spartan International Index Fund offers Investor Class, Fidelity Advantage Class, Institutional Class and Fidelity Advantage Institutional Class shares. Each class has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. Each Fund offers conversion privileges between share classes within each Fund to eligible shareholders. Investment income, realized and unrealized capital gains and losses, the common expenses of each Fund, and certain fund-level expense reductions, if any, are allocated on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of each Fund. Each class differs with respect to transfer agent fees incurred and certain class-level expense reductions.

2. Investments in Fidelity Central Funds.

The Funds invest in Fidelity Central Funds, which are open-end investment companies available only to other investment companies and accounts managed by Fidelity Management & Research Company (FMR) and its affiliates. The Funds' Schedules of Investments list each of the Fidelity Central Funds held as of period end, if any, as an investment of each Fund, but do not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, each Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.

The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.

A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Funds' Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.

3. Significant Accounting Policies.

Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. In accordance with valuation policies and procedures approved by the Board of Trustees (the Board), each Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the FMR Fair Value Committee (the Committee), in accordance with procedures adopted by each Fund's Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees each Fund's valuation policies and procedures and is responsible for approving and reporting to the Board all fair value determinations.

Each Fund categorizes the inputs to valuation techniques used to value their investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value each Fund's investments by major category are as follows:

Annual Report

3. Significant Accounting Policies - continued

Investment Valuation - continued

The U.S. dollar value of foreign currency contracts is determined using currency exchange rates supplied by a pricing service and are categorized as Level 2 in the hierarchy. Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level, as of February 28, 2013, including information on transfers between Levels 1 and 2 is included at the end of each applicable Fund's Schedule of Investments.

Foreign Currency. The Funds may use foreign currency contracts to facilitate transactions in foreign-denominated securities. Foreign-denominated assets, including investment securities, and liabilities are translated into U.S. dollars at the exchange rates at period end. Purchases and sales of investment securities, income and dividends received and expenses denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date.

Realized gains and losses on foreign currency transactions arise from the disposition of foreign currency, closed foreign currency contracts, realized changes in the value of foreign currency between the trade and settlement dates on security transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded on transaction date and the U.S. dollar equivalent of the amounts actually received or paid. Unrealized gains and losses on assets and liabilities in foreign currencies arise from changes in the value of foreign currency including foreign currency contracts, and from assets and liabilities denominated in foreign currencies, other than investments, which are held at period end.

Investment Transactions and Income. For financial reporting purposes, the Funds' investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Funds are informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments and/or as a realized gain. The Funds estimate the components of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income and distributions from the Fidelity Central Funds are accrued as earned. Interest income includes coupon interest and amortization of premium and accretion of discount on debt securities. Investment income is recorded net of foreign taxes withheld where recovery of such taxes is uncertain.

Income Tax Information and Distributions to Shareholders. Each year, each Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for income taxes is required. As of February 28, 2013, each Fund did not have any unrecognized tax benefits in the financial statements; nor is each Fund aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each Fund files a U.S. federal tax return, in addition to state and local tax returns as required. A fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. Foreign taxes are provided for based on each Fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests.

Annual Report

Notes to Financial Statements - continued

3. Significant Accounting Policies - continued

Income Tax Information and Distributions to Shareholders - continued

Book-tax differences are primarily due to futures contracts, foreign currency transactions, passive foreign investment companies (PFIC), market discount, redemptions in kind, capital loss carryforwards, and losses deferred due to wash sales and excise tax regulations.

The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows for each Fund:

	Tax cost	Gross unrealized appreciation	Gross unrealized depreciation	Net unrealized appreciation (depreciation) on securities and other investments
Spartan Extended Market Index	$ 7,919,966,166	$ 2,377,292,419	$ (857,939,874)	$ 1,519,352,545
Spartan International Index	10,346,418,869	1,936,134,722	(2,013,386,771)	(77,252,049)

The tax-based components of distributable earnings as of period end were as follows for each Fund:

	Undistributed ordinary income	Undistributed long-term capital gain	Capital loss carryforward	Net unrealized appreciation (depreciation)
Spartan Extended Market Index	$ 17,833,773	$ 42,251,715	$ -	$ 1,527,074,591
Spartan International Index	-	-	(535,614,445)	(84,624,855)

Capital loss carryforwards are only available to offset future capital gains of the Funds to the extent provided by regulations and may be limited. Under the Regulated Investment Company Modernization Act of 2010 (the Act), the Funds are permitted to carry forward capital losses incurred in taxable years beginning after December 22, 2010 for an unlimited period and such capital losses are required to be used prior to any losses that expire. Capital loss carryforwards were as follows:

	Fiscal year of expiration
	2017	2018	2019	Total with expiration

Spartan International Index	(119,933,607)	(148,608,684)	(49,793,394)	(318,335,685)
	No expiration
	Short-term	Long-term	Total no expiration	Total capital loss carryfoward

Spartan International Index	(4,442,746)	(212,836,014)	(217,278,760)	(535,614,445)

The tax character of distributions paid was as follows:

February 28, 2013
	Ordinary Income	Long-term Capital Gains	Total
Spartan Extended Market Index	$ 123,000,708	$ 200,713,554	$ 323,714,262
Spartan International Index	273,805,873	-	273,805,873
February 29, 2012
	Ordinary Income	Long-term Capital Gains	Total
Spartan Extended Market Index	$ 83,031,372	$ 114,363,034	$ 197,394,406
Spartan International Index	288,056,212	-	288,056,212

Annual Report

3. Significant Accounting Policies - continued

Short-Term Trading (Redemption) Fees. Shares held by investors in the Funds less than 90 days are subject to a redemption fee equal to .75% and 1.00% of the net asset value of shares redeemed from Spartan Extended Market Index and Spartan International Index, respectively. All redemption fees, which reduce the proceeds of the shareholder redemption, are retained by the Funds and accounted for as an addition to paid in capital.

New Accounting Pronouncement. The Financial Accounting Standards Board issued in December 2011, Accounting Standard Update No. 2011-11, Disclosures about Offsetting Assets and Liabilities, and in January 2013, Accounting Standards Update No. 2013-1 Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities. These updates create new disclosure requirements requiring entities to disclose both gross and net information for derivatives and other financial instruments that are either offset in the Statement of Assets and Liabilities or subject to an enforceable master netting arrangement or similar agreement. The disclosure requirements are effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Management is currently evaluating the impact of the update's adoption on the Funds' financial statement disclosures.

4. Derivative Instruments.

Risk Exposures and the Use of Derivative Instruments. The Funds' investment objective allows the Funds to enter into various types of derivative contracts, including futures contracts and forward foreign currency contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Funds used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Funds may not achieve their objectives.

The Funds' use of derivatives increased or decreased their exposure to the following risks:

Equity Risk	Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
Foreign Exchange Risk	Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates.

The Funds are also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Funds will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Funds. Counterparty credit risk related to exchange-traded futures contracts is mitigated by the protection provided by the exchange on which they trade.

Net Realized Gain (Loss) and Change in Net Unrealized Appreciation (Depreciation) on Derivatives. The table below, which reflects the impacts of derivatives on the financial performance of the Funds, summarizes the net realized gain (loss) and change in net unrealized appreciation (depreciation) for derivatives during the period as presented in the Statement of Operations.

Primary Risk Exposure / Derivative Type	Net Realized Gain (Loss)	Change in Net Unrealized Appreciation (Depreciation)
Spartan Extended Market Index
Equity Risk
Futures Contracts	$ 10,780,134	$ 1,141,781
Totals (a)	$ 10,780,134	$ 1,141,781
Spartan International Index
Equity Risk
Futures Contracts	$ 16,416,860	$ (4,222,110)
Foreign Exchange Risk
Forward Foreign Currency Contracts	(3,199,896)	(7,581,914)
Totals (a)	$ 13,216,964	$ (11,804,024)

(a) A summary of the value of derivatives by primary risk exposure as of period end is included at the end of the Schedule of Investments and is representative of activity for the period.

Annual Report

Notes to Financial Statements - continued

4. Derivative Instruments - continued

Forward Foreign Currency Contracts. Forward foreign currency contracts represent obligations to purchase or sell foreign currency on a specified future date at a price fixed at the time the contracts are entered into. Spartan International Index Fund used forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to manage exposure to certain foreign currencies.

Forward foreign currency contracts are valued daily and fluctuations in exchange rates on open contracts are recorded as unrealized appreciation or (depreciation) and reflected in the Statement of Assets and Liabilities. When the contract is closed, the Fund realizes a gain or loss equal to the difference between the closing value and the value at the time it was opened. Purchases and sales of forward foreign currency contracts having the same settlement date and broker are offset, and any realized gain or (loss) is recognized on the date of offset. Any unrealized appreciation or (depreciation) on offsetting contracts that settle after period end are reflected as a receivable or payable for closed forward foreign currency contracts in the Statement of Assets and Liabilities. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on forward foreign currency contracts during the period is included in the Statement of Operations as part of net realized gain (loss) on foreign currency transactions and change in unrealized gain (loss) on assets and liabilities in foreign currencies, respectively.

Any open forward foreign currency contracts at period end are presented in the Schedule of Investments under the caption "Forward Foreign Currency Contracts." The value reflects each contract's exposure to the underlying currency at period end. Forward foreign currency contracts that have been offset with different counterparties are reflected as both a contract to buy and a contract to sell.

Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Funds used futures contracts to manage their exposure to the stock market and fluctuations in currency values.

Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts." The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments.

5. Purchases and Sales of Investments.

Purchases and sales of securities, other than short-term securities, are noted in the table below.

	Purchases ($)	Sales ($)
Spartan Extended Market Index	1,506,591,375	701,400,971
Spartan International Index	809,307,027	127,904,054

Spartan International Index delivered securities in-kind through redemptions totaling $10,715,382. Realized gain (loss) of $4,397,603 on securities delivered in-kind through redemptions is included in the accompanying Statement of Operations as realized gain or loss on investment securities and is not taxable to the Fund.

6. Fees and Other Transactions with Affiliates.

Management Fee and Expense Contract. FMR and its affiliates provide the Funds with investment management related services for which the Funds pay a monthly management fee. The management fee is based on an annual rate of .06% for each Fund's average net assets. Under the management contract, FMR pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.

	Investor Class	Advantage Class	Institutional Class	Fidelity Advantage Institutional Class
Spartan Extended Market Index Fund	.10%	.07%	n/a	.07%
Spartan International Index Fund	.20%	.17%	.095%	.075%

Annual Report

6. Fees and Other Transactions with Affiliates - continued

Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of FMR, is the transfer, dividend disbursing and shareholder servicing agent for each class of the Funds. FIIOC receives transfer agent fees at annual rates based on average net assets noted in the table below. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements. Under the expense contract, each class pays all or a portion of the transfer agent fees at an annual rate based on average net assets as noted in the following table:

	Received by FIIOC	Paid by Class
Spartan Extended Market Index
Investor Class	.075%	.04%
Fidelity Advantage Class	.045%	.01%
Fidelity Advantage Institutional Class	.015%	.01%

Spartan International Index
Investor Class	.21%	.14%
Fidelity Advantage Class	.11%	.11%
Institutional Class	.035%	.035%
Fidelity Advantage Institutional Class	.015%	.015%

For the period, the total transfer agent fees paid by each applicable class were as follows:

	Amount
Spartan Extended Market Index
Investor Class	$ 763,759
Fidelity Advantage Class	497,711
Fidelity Advantage Institutional Class	13
	$ 1,261,483

Spartan International Index
Investor Class	$ 4,106,510
Fidelity Advantage Class	4,156,475
Institutional Class	374,144
Fidelity Advantage Institutional Class	151,877
	$ 8,789,006

7. Committed Line of Credit.

Certain Funds participate with other funds managed by FMR or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The participating funds have agreed to pay commitment fees on their pro-rata portion of the line of credit, which are reflected in Miscellaneous expenses on the Statement of Operations, and are as follows:

Spartan Extended Market Index	$ 17,439
Spartan International Index	22,592

During the period, there were no borrowings on this line of credit.

8. Security Lending.

Certain Funds lend portfolio securities through a lending agent from time to time in order to earn additional income. For equity securities, a lending agent is used and may loan securities to certain qualified borrowers, including Fidelity Capital Markets (FCM), a broker-dealer affiliated with the Funds. On the settlement date of the loan, each applicable Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. If the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, a fund could experience delays and costs in recovering the securities loaned or in gaining access to the collateral. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on each applicable Fund's Statement of Assets and Liabilities. Security lending income represents the income earned on investing cash collateral, less

Annual Report

Notes to Financial Statements - continued

8. Security Lending - continued

rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented on each applicable Fund's Statement of Operations as a component of income from Fidelity Central Funds. During the period, there were no securities loaned to FCM.

9. Expense Reductions.

FMR contractually agreed to reimburse certain classes to the extent annual operating expenses exceeded certain levels of average net assets as noted in the table below. This reimbursement will remain in place through April 30, 2014. Some expenses, for example interest expense, including commitment fees, are excluded from these reimbursements. Total reimbursements are included in the following table:

	Expense Limitations	Reimbursement
Spartan Extended Market Index
Fidelity Advantage Institutional Class	.06%	$ 15
Spartan International Index
Fidelity Advantage Class	.12%	1,941,715
Institutional Class	.07%	276,843
Fidelity Advantage Institutional Class	.06%	160,105

In addition, FMR reimbursed a portion of Spartan Extended Market Index Fund's operating expenses during the period in the amount of $1,180.

In addition, through arrangements with each applicable Fund's custodian, credits realized as a result of uninvested cash balances were used to reduce each applicable Fund's expenses as noted in the table below.

	Management fee reduction
Spartan Extended Market Index	$ 589
Spartan International Index	15

10. Distributions to Shareholders.

Distributions to shareholders of each class were as follows:

	Year ended February 28, 2013	Year ended February 29, 2012^A
Spartan Extended Market Index
From net investment income
Investor Class	$ 34,726,754	$ 44,200,763
Fidelity Advantage Class	88,271,798	25,213,023
Fidelity Advantage Institutional Class	2,156	1,161
Total	$ 123,000,708	$ 69,414,947
From net realized gain
Investor Class	$ 59,938,933	$ 88,449,322
Fidelity Advantage Class	140,771,137	39,529,035
Fidelity Advantage Institutional Class	3,484	1,102
Total	$ 200,713,554	$ 127,979,459
Spartan International Index
From net investment income
Investor Class	$ 87,597,672	$ 148,424,687
Fidelity Advantage Class	109,365,106	91,917,749
Institutional Class	34,315,538	20,201,408
Fidelity Advantage Institutional Class	31,921,861	22,266,285
Total	$ 263,200,177	$ 282,810,129
From net realized gain
Investor Class	$ 3,612,275	$ 3,579,535
Fidelity Advantage Class	4,386,091	1,666,548
Institutional Class	1,352,974	-
Fidelity Advantage Institutional Class	1,254,356	-
Total	$ 10,605,696	$ 5,246,083

^A Distributions for Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

Annual Report

11. Share Transactions.

Transactions for each class of shares were as follows:

	Shares		Dollars
Years ended February 28,	Year ended February 28, 2013	Year ended February 29, 2012^A	Year ended February 28, 2013	Year ended February 29, 2012^A
Spartan Extended Market Index
Investor Class
Shares sold	13,321,094	40,837,111	$ 530,659,536	$ 1,555,171,539
Reinvestment of distributions	2,332,565	3,525,601	90,866,565	129,930,899
Shares redeemed	(58,837,328)	(88,688,944)	(2,389,706,038)	(3,356,270,130)
Net increase (decrease)	(43,183,669)	(44,326,232)	$ (1,768,179,937)	$ (1,671,167,692)
Fidelity Advantage Class
Shares sold	89,341,752	68,841,430	$ 3,625,244,734	$ 2,626,867,824
Reinvestment of distributions	5,670,305	1,645,712	220,926,287	59,386,217
Shares redeemed	(27,226,963)	(9,691,823)	(1,083,879,441)	(362,785,045)
Net increase (decrease)	67,785,094	60,795,319	$ 2,762,291,580	$ 2,323,468,996
Fidelity Advantage Institutional Class
Shares sold	2,138	2,884	$ 88,301	$ 100,000
Reinvestment of distributions	145	66	5,640	2,263
Net increase (decrease)	2,283	2,950	$ 93,941	$ 102,263
Spartan International Index
Investor Class
Shares sold	22,480,598	51,659,320	$ 738,516,301	$ 1,725,521,597
Reinvestment of distributions	2,603,169	4,931,710	87,570,598	146,703,273
Shares redeemed	(63,993,981)	(138,930,396)^B	(2,162,502,955)	(4,508,596,328)^B
Net increase (decrease)	(38,910,214)	(82,339,366)	$ (1,336,416,056)	$ (2,636,371,458)
Fidelity Advantage Class
Shares sold	75,323,150	50,383,664	$ 2,547,792,654	$ 1,659,791,665
Reinvestment of distributions	3,011,886	2,688,031	101,319,852	79,393,189
Shares redeemed	(32,726,415)	(30,064,805)	(1,057,404,449)	(976,577,403)
Net increase (decrease)	45,608,621	23,006,890	$ 1,591,708,057	$ 762,607,451
Institutional Class
Shares sold	16,830,227	26,471,830	$ 541,022,171	$ 810,287,820
Reinvestment of distributions	1,060,233	700,632	35,666,241	20,199,209
Shares redeemed	(7,965,479)^B	(1,147,214)	(261,596,672)^B	(35,649,587)
Net increase (decrease)	9,924,981	26,025,248	$ 315,091,740	$ 794,837,442
Fidelity Advantage Institutional Class
Shares sold	8,644,925	29,053,528	$ 280,664,871	$ 879,203,212
Reinvestment of distributions	986,213	772,330	33,176,217	22,266,285
Shares redeemed	(5,875,458)	(853,278)	(193,745,936)	(26,687,381)
Net increase (decrease)	3,755,680	28,972,580	$ 120,095,152	$ 874,782,116

^AShare transactions Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

^BAmount includes in-kind redemptions.

12. Other.

The Funds' organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Funds. In the normal course of business, the Funds may also enter into contracts that provide general indemnifications. The Funds' maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Funds. The risk of material loss from such claims is considered remote.

Annual Report

Report of Independent Registered Public Accounting Firm

To the Trustees of Fidelity Concord Street Trust and the Shareholders of Spartan Total Market Index Fund, Spartan Extended Market Index Fund and Spartan International Index Fund:

In our opinion, the accompanying statements of assets and liabilities, including the schedules of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Spartan Total Market Index Fund, Spartan Extended Market Index Fund and Spartan International Index Fund (funds of Fidelity Concord Street Trust) at February 28, 2013, the results of each of their operations for the periods indicated, the changes in each of their net assets for each of the periods indicated and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Fidelity Concord Street Trust's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at February 28, 2013 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Boston, Massachusetts
April 19, 2013

Annual Report

Trustees and Officers

The Trustees, Members of the Advisory Board, and executive officers of the trust and funds, as applicable, are listed below. The Board of Trustees governs each fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee each fund's activities, review contractual arrangements with companies that provide services to each fund, oversee management of the risks associated with such activities and contractual arrangements, and review each fund's performance. Except for James C. Curvey, each of the Trustees oversees 234 Fidelity funds. Mr. Curvey oversees 453 Fidelity funds.

The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person of the trust and funds (as defined in the 1940 Act) (Independent Trustee), shall retire not later than the last day of the calendar year in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. The executive officers and Advisory Board Members hold office without limit in time, except that any officer and Advisory Board Member may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.

Experience, Skills, Attributes, and Qualifications of the Funds' Trustees. The Governance and Nominating Committee has adopted a statement of policy that describes the experience, qualifications, attributes, and skills that are necessary and desirable for potential Independent Trustee candidates (Statement of Policy). The Board believes that each Trustee satisfied at the time he or she was initially elected or appointed a Trustee, and continues to satisfy, the standards contemplated by the Statement of Policy. The Governance and Nominating Committee also engages professional search firms to help identify potential Independent Trustee candidates who have the experience, qualifications, attributes, and skills consistent with the Statement of Policy. From time to time, additional criteria based on the composition and skills of the current Independent Trustees, as well as experience or skills that may be appropriate in light of future changes to board composition, business conditions, and regulatory or other developments, have also been considered by the professional search firms and the Governance and Nominating Committee. In addition, the Board takes into account the Trustees' commitment and participation in Board and committee meetings, as well as their leadership of standing and ad hoc committees throughout their tenure.

In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing each fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the funds, is provided below.

Board Structure and Oversight Function. James C. Curvey is an interested person (as defined in the 1940 Act) and currently serves as Chairman. The Trustees have determined that an interested Chairman is appropriate and benefits shareholders because an interested Chairman has a personal and professional stake in the quality and continuity of services provided to the funds. Independent Trustees exercise their informed business judgment to appoint an individual of their choosing to serve as Chairman, regardless of whether the Trustee happens to be independent or a member of management. The Independent Trustees have determined that they can act independently and effectively without having an Independent Trustee serve as Chairman and that a key structural component for assuring that they are in a position to do so is for the Independent Trustees to constitute a substantial majority for the Board. The Independent Trustees also regularly meet in executive session. Ned C. Lautenbach serves as Chairman of the Independent Trustees and as such (i) acts as a liaison between the Independent Trustees and management with respect to matters important to the Independent Trustees and (ii) with management prepares agendas for Board meetings.

Fidelity funds are overseen by different Boards of Trustees. The funds' Board oversees Fidelity's equity and high income funds and another Board oversees Fidelity's investment-grade bond, money market, and asset allocation funds. The asset allocation funds may invest in Fidelity funds overseen by the funds' Board. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity funds overseen by each Board.

The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, each fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the funds' activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the funds' business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the funds are carried out by or through FMR, its affiliates, and other service providers, the funds' exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the funds' activities, oversight is exercised primarily through the Operations, Audit, and Compliance Committees. In addition, the Independent Trustees have worked with FMR to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. For example, a working group comprised of Independent Trustees and FMR has worked and continues to work to review the Fidelity funds' valuation-related activities, reporting and risk management. Appropriate personnel, including but not limited to the funds' Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the funds' Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of FMR's risk management program for the Fidelity funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Funds' Trustees."

Annual Report

Trustees and Officers - continued

The funds' Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.

Interested Trustees*:

Correspondence intended for each Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
James C. Curvey (1935)
	Year of Election or Appointment: 2007 Mr. Curvey is Trustee and Chairman of the Board of Trustees of certain Trusts. Mr. Curvey also serves as Trustee (2007-present) of other investment companies advised by FMR. Mr. Curvey is a Director of Fidelity Investments Money Management, Inc. (2009-present), Director of Fidelity Research & Analysis Co. (2009-present) and Director of FMR and FMR Co., Inc. (2007-present). Mr. Curvey is also Vice Chairman (2007-present) and Director of FMR LLC. In addition, Mr. Curvey serves as an Overseer for the Boston Symphony Orchestra and a member of the Trustees of Villanova University. Previously, Mr. Curvey was the Vice Chairman (2006-2007) and Director (2000-2007) of FMR Corp.
Ronald P. O'Hanley (1957)
	Year of Election or Appointment: 2011 Mr. O'Hanley is Director of FMR Co., Inc. (2010-present), Director of Fidelity Investments Money Management, Inc. (2010-present), Director of Fidelity Research & Analysis Company (2010-present), President of Fidelity Asset Management and Corporate Services and a member of Fidelity's Executive Committee (2010-present). Previously, Mr. O'Hanley served as President and Chief Executive Officer of BNY Mellon Asset Management (2007-2010). Mr. O'Hanley also served as Vice Chairman of Bank New York Mellon Corp. and a member of that firm's Executive Committee. Prior to the 2007 merger of The Bank of New York and Mellon Financial Corporation, he was Vice Chairman of Mellon Financial Corporation and President and Chief Executive Officer of Mellon Asset Management. He joined Mellon in February 1997. Mr. O'Hanley currently serves as Chairman of the Boston Public Library Foundation Board of Directors and sits on the Board of Directors of Beth Israel Deaconess Medical Center, the Board of Trustees of the Marine Biological Laboratory and the Advisory Board of the Maxwell School of Citizenship and Public Administration at Syracuse University. Mr. O'Hanley also chairs the Council on Asset Management for the Financial Services Roundtable and is a member of the Board of Directors of Institutional Investor's U.S. Institute.

* Trustees have been determined to be "Interested Trustees" by virtue of, among other things, their affiliation with the trust or various entities under common control with FMR.

Independent Trustees:

Correspondence intended for each Independent Trustee (that is, the Trustees other than the Interested Trustees) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
Dennis J. Dirks (1948)
	Year of Election or Appointment: 2005 Prior to his retirement in May 2003, Mr. Dirks was Chief Operating Officer and a member of the Board of The Depository Trust & Clearing Corporation (DTCC). He also served as President, Chief Operating Officer, and Board member of The Depository Trust Company (DTC) and President and Board member of the National Securities Clearing Corporation (NSCC). In addition, Mr. Dirks served as Chief Executive Officer and Board member of the Government Securities Clearing Corporation, Chief Executive Officer and Board member of the Mortgage-Backed Securities Clearing Corporation, as a Trustee and a member of the Finance Committee of Manhattan College (2005-2008), and as a Trustee and a member of the Finance Committee of AHRC of Nassau County (2006-2008). Mr. Dirks is a member of the Independent Directors Council (IDC) Governing Council (2010-present) and Board of Directors for The Brookville Center for Children's Services, Inc. (2009-present).
Alan J. Lacy (1953)
	Year of Election or Appointment: 2008 Mr. Lacy serves as Senior Adviser (2007-present) of Oak Hill Capital Partners, L.P. (private equity). Mr. Lacy also served as Chief Executive Officer (2000-2005) and Vice Chairman (2005-2006) of Sears Holdings Corporation and Sears, Roebuck and Co. (retail). In addition, Mr. Lacy serves as a member of the Board of Directors of Dave & Buster's Entertainment, Inc. (restaurant and entertainment complexes, 2010-present), Earth Fare, Inc. (retail grocery, 2012-present), The Hillman Companies, Inc. (hardware wholesalers, 2010-present), and Bristol-Myers Squibb Company (global pharmaceuticals, 2008-present). Mr. Lacy is a member of the Board of Trustees of The National Parks Conservation Association (2006-present). Previously, Mr. Lacy served as Chairman of the Board of Trustees of the National Parks Conservation Association (2008-2011) and as a member of the Board of Directors for the Western Union Company (global money transfer, 2006-2011).
Ned C. Lautenbach (1944)
	Year of Election or Appointment: 2000 Mr. Lautenbach is Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Lautenbach currently serves as the Lead Director of the Eaton Corporation Board of Directors (diversified industrial, 1997-present). Mr. Lautenbach is Chairman of the Board of Directors of the Philharmonic Center for the Arts in Naples, Florida (2012-present) and a member of the Council on Foreign Relations (1994-present). Previously, Mr. Lautenbach was a Partner/Advisory Partner at Clayton, Dubilier & Rice, LLC (private equity investment, 1998-2010), as well as a Director of Sony Corporation (2006-2007).
Joseph Mauriello (1944)
	Year of Election or Appointment: 2008 Prior to his retirement in January 2006, Mr. Mauriello served in numerous senior management positions including Deputy Chairman and Chief Operating Officer (2004-2005), and Vice Chairman of Financial Services (2002-2004) of KPMG LLP US (professional services, 1965-2005). Mr. Mauriello currently serves as a member of the Board of Directors of XL Group plc. (global insurance and re-insurance, 2006-present). Previously, Mr. Mauriello served as a Director of the Hamilton Funds of the Bank of New York (2006-2007) and of Arcadia Resources Inc. (health care services and products, 2007-2012).
Robert W. Selander (1950)
	Year of Election or Appointment: 2011 Previously, Mr. Selander served as a Member of the Advisory Board of Fidelity's Equity and High Income Funds (2011), Executive Vice Chairman (2010), Chief Executive Officer (2009-2010), and President and Chief Executive Officer (1997-2009) of Mastercard, Inc.
Cornelia M. Small (1944)
	Year of Election or Appointment: 2005 Ms. Small is a member of the Board of Directors (2009-present) and Chair of the Investment Committee (2010-present) of the Teagle Foundation. Ms. Small also serves on the Investment Committee of the Berkshire Taconic Community Foundation (2008-present). Previously, Ms. Small served as Chairperson (2002-2008) and a member of the Investment Committee and Chairperson (2008-2012) and a member of the Board of Trustees of Smith College. In addition, Ms. Small served as Chief Investment Officer, Director of Global Equity Investments, and a member of the Board of Directors of Scudder, Stevens & Clark and Scudder Kemper Investments.
William S. Stavropoulos (1939)
	Year of Election or Appointment: 2001 Mr. Stavropoulos is Vice Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Stavropoulos serves as President and Founder of the Michigan Baseball Foundation, the Great Lakes Loons (2007-present). Mr. Stavropoulos is Chairman Emeritus of the Board of Directors of The Dow Chemical Company, where he previously served in numerous senior management positions, including President, CEO (1995-2000; 2002-2004), Chairman of the Executive Committee (2000-2006), and as a member of the Board of Directors (1990-2006). Currently, Mr. Stavropoulos is a Director of Univar Inc. (global distributor of commodity and specialty chemicals, Chairman from 2010-May 2012 and Lead Director from May 2012-present), Teradata Corporation (data warehousing and technology solutions, 2008-present), Maersk Inc. (industrial conglomerate), and Tyco International, Ltd. (multinational manufacturing and services, 2007-present), and a member of the Advisory Board for Metalmark Capital LLC (private equity investment, 2005-present). Mr. Stavropoulos is an operating advisor to Clayton, Dubilier & Rice, LLC (private equity investment). In addition, Mr. Stavropoulos is a member of the University of Notre Dame Advisory Council for the College of Science, a Trustee of the Rollin L. Gerstacker Foundation, and a Director of the Naples Philharmonic Center for the Arts. Previously, Mr. Stavropoulos served as a Director of Chemical Financial Corporation (bank holding company, 1993-2012).
David M. Thomas (1949)
	Year of Election or Appointment: 2008 Previously, Mr. Thomas served as Executive Chairman (2005-2006) and Chairman and Chief Executive Officer (2000-2005) of IMS Health, Inc. (pharmaceutical and healthcare information solutions), and a Director of Fortune Brands, Inc. (consumer products, 2000-2011). In addition, Mr. Thomas serves as Non-Executive Chairman of the Board of Directors of Fortune Brands Home and Security (home and security products, 2011-present), and as a member of the Board of Directors of Interpublic Group of Companies, Inc. (marketing communication, 2004-present).
Michael E. Wiley (1950)
	Year of Election or Appointment: 2008 Mr. Wiley also serves as a Director of Asia Pacific Exploration Consolidated (international oil and gas exploration and production, 2008-present). Mr. Wiley serves as a Director of Tesoro Corporation (independent oil refiner and marketer, 2005-present), and a Director of Bill Barrett Corporation (exploration and production, 2005-present). In addition, Mr. Wiley also serves as a Director of Post Oak Bank (privately-held bank, 2004-present). Previously, Mr. Wiley served as a member of the Board of Trustees of the University of Tulsa (2000-2006; 2007-2010), as a Senior Energy Advisor of Katzenbach Partners, LLC (consulting, 2006-2007), as an Advisory Director of Riverstone Holdings (private investment), Chairman, President, and CEO of Baker Hughes, Inc. (oilfield services, 2000-2004), and as Director of Spinnaker Exploration Company (exploration and production, 2001-2005).

Advisory Board Members and Executive Officers:

Name, Year of Birth; Principal Occupation
Peter S. Lynch (1944)
	Year of Election or Appointment: 2003 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Mr. Lynch is Vice Chairman and a Director of FMR and FMR Co., Inc. In addition, Mr. Lynch serves as a Trustee of Boston College and as the Chairman of the Inner-City Scholarship Fund. Previously, Mr. Lynch served on the Special Olympics International Board of Directors (1997-2006).
David A. Rosow (1942)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Chairman and Chief Executive Officer of International Golf Group, Inc. (golf course development, 1989-present). Previously, Mr. Rosow served as Chairman and Chief Executive Officer of Rosow & Company, Inc. (private investment company, 1989-2011), a Lead Director of Hudson United Bancorp (2001-2006) and as a Director of TD Banknorth (1996-2006). In addition, Mr. Rosow is a member (2008-present) and President (2009-present) of the Town Council of Palm Beach, Florida.
Garnett A. Smith (1947)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Prior to Mr. Smith's retirement, he served as Chairman and Chief Executive Officer of Inbrand Corp. (manufacturer of personal absorbent products, 1990-1997). He also served as President (1986-1990) of Inbrand Corp. Prior to his employment with Inbrand Corp., he was employed by a retail fabric chain and North Carolina National Bank. In addition, Mr. Smith is a board member of the Jackson Hole Land Trust (2009-present).
Kenneth B. Robins (1969)
	Year of Election or Appointment: 2008 President and Treasurer of Fidelity's Equity and High Income Funds. Mr. Robins also serves as President and Treasurer (2010-present) and Assistant Treasurer (2009-present) of other Fidelity funds and is an employee of Fidelity Investments (2004-present). Previously, Mr. Robins served as Deputy Treasurer of the Fidelity funds (2005-2008) and Treasurer and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2006-2008).
Bruce T. Herring (1965)
	Year of Election or Appointment: 2006 Vice President of certain Equity Funds. Mr. Herring also serves as Chief Investment Officer of Fidelity Global Asset Allocation (GAA) (2013-present), Chief Investment Officer and Director of Fidelity Management & Research (U.K.) Inc. (2010-present), Group Chief Investment Officer of FMR, and President of Fidelity Research & Analysis Company (2010-present). Previously, Mr. Herring served as Vice President (2005-2006) and Senior Vice President (2006-2007) of Fidelity Management & Research Company, Vice President of FMR Co., Inc. (2001-2007) and as a portfolio manager for Fidelity U.S. Equity Funds.
Brian B. Hogan (1964)
	Year of Election or Appointment: 2009 Vice President of Equity and High Income Funds. Mr. Hogan also serves as President of FMR's Equity Division (2009-present). Previously, Mr. Hogan served as Senior Vice President, Equity Research of FMR (2006-2009) and as a portfolio manager.
Scott C. Goebel (1968)
	Year of Election or Appointment: 2008 Secretary and Chief Legal Officer (CLO) of the Fidelity funds. Mr. Goebel also serves as Secretary of Fidelity Investments Money Management, Inc. (FIMM) (2010-present) and Fidelity Research and Analysis Company (FRAC) (2010-present); Secretary and CLO of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present); General Counsel, Secretary, and Senior Vice President of FMR (2008-present) and FMR Co., Inc. (2008-present); employed by FMR LLC or an affiliate (2001-present); Chief Legal Officer of Fidelity Management & Research (Hong Kong) Limited (2008-present) and Assistant Secretary of Fidelity Management & Research (Japan) Inc. (2008-present), and Fidelity Management & Research (U.K.) Inc. (2008-present). Previously, Mr. Goebel served as Assistant Secretary of FIMM (2008-2010), FRAC (2008-2010), and the Funds (2007-2008) and as Vice President and Secretary of Fidelity Distributors Corporation (FDC) (2005-2007).
William C. Coffey (1969)
	Year of Election or Appointment: 2009 Assistant Secretary of Fidelity's Equity and High Income Funds. Mr. Coffey also serves as Senior Vice President and Deputy General Counsel of FMR LLC (2010-present), and is an employee of Fidelity Investments. Previously, Mr. Coffey served as Vice President and Associate General Counsel of FMR LLC (2005-2009).
Elizabeth Paige Baumann (1968)
	Year of Election or Appointment: 2012 Anti-Money Laundering (AML) Officer of the Fidelity funds. Ms. Baumann also serves as AML Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2012-present), Chief AML Officer of FMR LLC (2012-present), and is an employee of Fidelity Investments. Previously, Ms. Baumann served as Vice President and Deputy Anti-Money Laundering Officer (2007-2012).
Christine Reynolds (1958)
	Year of Election or Appointment: 2008 Chief Financial Officer of the Fidelity funds. Ms. Reynolds became President of Fidelity Pricing and Cash Management Services (FPCMS) in August 2008. Ms. Reynolds served as Chief Operating Officer of FPCMS (2007-2008). Previously, Ms. Reynolds served as President, Treasurer, and Anti-Money Laundering officer of the Fidelity funds (2004-2007).
Joseph A. Hanlon (1968)
	Year of Election or Appointment: 2012 Chief Compliance Officer of Fidelity's Equity and High Income Funds. Mr. Hanlon serves as Compliance Officer of FMR, FMR Co., Inc., Fidelity Investments Money Management, Inc. (FIMM), Fidelity Research and Analysis Company (FRAC), Fidelity Management & Research (Japan) Inc., Fidelity Management & Research (U.K.) Inc., Fidelity Management & Research (Hong Kong), and Strategic Advisers, Inc. (2009-present), as Senior Vice President of the Fidelity Asset Management Division (2009-present), and is an employee of Fidelity Investments.
Joseph F. Zambello (1957)
	Year of Election or Appointment: 2011 Deputy Treasurer of the Fidelity funds. Mr. Zambello is an employee of Fidelity Investments. Previously, Mr. Zambello served as Vice President of FMR's Program Management Group (2009-2011) and Vice President of the Transfer Agent Oversight Group (2005-2009).
Adrien E. Deberghes (1967)
	Year of Election or Appointment: 2008 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Deberghes also serves as Vice President (2011-present) and Assistant Treasurer (2010-present) of other Fidelity funds, and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005).
Stephen Sadoski (1971)
	Year of Election or Appointment: 2012 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Sadoski also serves as Deputy Treasurer of other Fidelity funds (2013-present) and is an employee of Fidelity Investments (2012-present). Previously, Mr. Sadoski served as Assistant Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2012-2013), an assistant chief accountant in the Division of Investment Management of the Securities and Exchange Commission (SEC) (2009-2012) and as a senior manager at Deloitte & Touche (1997-2009).
Stacie Smith (1974)
	Year of Election or Appointment: 2013 Deputy Treasurer of Fidelity's Equity and High Income Funds. Ms. Smith is an employee of Fidelity Investments (2009-present). Previously, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (1996-2009).
Stephanie J. Dorsey (1969)
	Year of Election or Appointment: 2010 Assistant Treasurer of Fidelity's Equity and High Income Funds. Ms. Dorsey also serves as President and Treasurer (2013-present) and Assistant Treasurer (2012-present) of other Fidelity funds and is an employee of Fidelity Investments (2008-present). Previously, Ms. Dorsey served as Deputy Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013), Treasurer (2004-2008) of the JPMorgan Mutual Funds and Vice President (2004-2008) of JPMorgan Chase Bank.
John R. Hebble (1958)
	Year of Election or Appointment: 2009 Assistant Treasurer of Fidelity's Equity and High Income Funds. Mr. Hebble also serves as President (2011-present), Treasurer, and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present) and is an employee of Fidelity Investments. Previously, Mr. Hebble served as President and Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013).
Gary W. Ryan (1958)
	Year of Election or Appointment: 2005 Assistant Treasurer of the Fidelity funds. Mr. Ryan is an employee of Fidelity Investments. Previously, Mr. Ryan served as Vice President of Fund Reporting in Fidelity Pricing and Cash Management Services (FPCMS) (1999-2005).
Jonathan Davis (1968)
	Year of Election or Appointment: 2010 Assistant Treasurer of the Fidelity funds. Mr. Davis is also Assistant Treasurer of Fidelity Rutland Square Trust II and Fidelity Commonwealth Trust II. Mr. Davis is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (2003-2010).

Annual Report

Distributions (Unaudited)

The Board of Trustees of each fund voted to pay to shareholders of record at the opening of business on record date, the following distributions per share derived from capital gains realized from sales of portfolio securities and dividends derived from net investment income:

	Pay Date	Record Date	Dividends	Capital Gains
Spartan Total Market Index Fund
Institutional Class	4/15/13	4/12/13	$0.13236	$0.000
Fidelity Advantage Institutional Class	4/15/13	4/12/13	$0.13310	$0.000
Spartan Extended Market Index Fund
Fidelity Advantage Institutional Class	4/15/13	4/12/13	$0.06874	$0.242
Spartan International Index Fund
Institutional Class	4/15/13	4/12/13	$0.00000	$0.000
Fidelity Advantage Institutional Class	4/15/13	4/12/13	$0.00000	$0.000

The funds hereby designate as capital gain dividend the amounts noted below for the taxable year ended February 28, 2013, or, if subsequently determined to be different, the net capital gain of such year.

Spartan Extended Market Index Fund

$179,343,233

A percentage of the dividends distributed during the fiscal year for the following funds qualify for the dividends-received deduction for corporate shareholders:

	April 2012	December 2012
Spartan Total Market Index Fund
Institutional Class	97%	95%
Fidelity Advantage Institutional Class	94%	95%
Spartan Extended Market Index Fund
Fidelity Advantage Institutional Class	33%	68%

A percentage of the dividends distributed during the fiscal year for the following funds may be taken into account as a dividend for purposes of the maximum rate under section 1(h)(11) of the Internal Revenue Code.

	April 2012	December 2012
Spartan Total Market Index Fund
Institutional Class	98%	99%
Fidelity Advantage Institutional Class	96%	98%
Spartan Extended Market Index Fund
Fidelity Advantage Institutional Class	39%	74%
Spartan International Index Fund
Institutional Class	-	86%
Fidelity Advantage Institutional Class	-	86%

The amounts per share which represent income derived from sources within, and taxes paid to, foreign countries or possessions of the United States are as follows:

	Pay Date	Income	Taxes
Spartan International Index Fund
Institutional Class	12/17/12	$1.126	$0.0715
Fidelity Advantage Institutional Class	12/17/12	$1.130	$0.0715

The funds will notify shareholders in January 2014 of amounts for use in preparing 2013 income tax returns.

Annual Report

Investment Adviser

Fidelity Management & Research Company
Boston, MA

Investment Sub-Advisers

FMR Co., Inc.

Geode Capital Management, LLC

General Distributor

Fidelity Distributors Corporation
Smithfield, RI

Transfer and Service Agents

Fidelity Investments Institutional Operations Company, Inc.
Boston, MA

Fidelity Service Company, Inc.
Boston, MA

Custodian

The Bank of New York Mellon
New York, NY

wsd435

SIF-I-UANNPRO-0413
1.938970.101

Spartan® Total Market Index

Spartan Extended Market Index

Spartan International Index

Funds -
Investor Class
Fidelity Advantage® Class

Annual Report

(Fidelity Cover Art)

February 28, 2013

Spartan® Total Market Index Fund	(Click Here)	Shareholder Expense Example
	(Click Here)	Performance
	(Click Here)	Management's Discussion
	(Click Here)	Investment Changes
	(Click Here)	Investments
	(Click Here)	Financial Statements
	(Click Here)	Notes to the Financial Statements

Shareholder Expense Example	(Click Here)	An example of shareholder expenses

Spartan Extended Market Index Fund	(Click Here)	Performance
	(Click Here)	Management's Discussion
	(Click Here)	Investment Changes
	(Click Here)	Investments
	(Click Here)	Financial Statements

Spartan International Index Fund	(Click Here)	Performance
	(Click Here)	Management's Discussion
	(Click Here)	Investment Changes
	(Click Here)	Investments
	(Click Here)	Financial Statements

Notes	(Click Here)	Notes to the Financial Statements
Report of Independent Registered Public Accounting Firm	(Click Here)
Trustees and Officers	(Click Here)
Distributions	(Click Here)

Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.

Other third-party marks appearing herein are the property of their respective owners.

NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE

Neither the funds nor Fidelity Distributors Corporation is a bank.

Annual Report

Spartan Total Market Index Fund

Shareholder Expense Example

The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2012 to February 28, 2013).

Actual Expenses

Hypothetical Example for Comparison Purposes

	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Investor Class	.100%
Actual		$ 1,000.00	$ 1,097.70	$ .52
Hypothetical^A		$ 1,000.00	$ 1,024.30	$ .50
Fidelity Advantage Class	.070%
Actual		$ 1,000.00	$ 1,098.20	$ .36
Hypothetical^A		$ 1,000.00	$ 1,024.45	$ .35
Institutional Class	.060%
Actual		$ 1,000.00	$ 1,098.10	$ .31
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30
Fidelity Advantage Institutional Class	.045%
Actual		$ 1,000.00	$ 1,098.20	$ .23
Hypothetical^A		$ 1,000.00	$ 1,024.60	$ .23
Class F	.046%
Actual		$ 1,000.00	$ 1,098.10	$ .24
Hypothetical^A		$ 1,000.00	$ 1,024.55	$ .23

^A 5% return per year before expenses

* Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

Annual Report

Spartan® Total Market Index Fund

Performance: The Bottom Line

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Spartan® Total Market Index Fund - Investor Class	13.50%	5.46%	9.03%
Spartan Total Market Index Fund - Fidelity Advantage® Class ^A	13.53%	5.50%	9.06%

^A The initial offering of Fidelity Advantage® Class took place on October 14, 2005. Returns prior to October 14, 2005, are those of Investor Class.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan Total Market Index Fund - Investor Class on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the Dow Jones U.S. Total Stock Market Index^SM performed over the same period.

pmq461

Annual Report

Spartan Total Market Index Fund

Management's Discussion of Fund Performance

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® Total Market Index Fund: For the year, the fund's Investor Class and Fidelity Advantage® Class shares gained 13.50% and 13.53%, respectively, in line with the 13.56% advance of the fund's benchmark, the Dow Jones U.S. Total Stock Market Index^SM. All 10 market sectors in the index generated positive performance, with only three groups - information technology, energy and materials - producing a single-digit gain. Leading the rest were telecommunication services, health care and financials, which returned about 23%, 22% and 22%, respectively. The fund's top individual contributor in absolute terms was Pfizer, a pharmaceutical firm whose shares were up about 35% for the 12-month period. Industrial conglomerate General Electric added value, as did Internet search leader Google. In the financials sector, Berkshire Hathaway, the insurance-focused conglomerate run by billionaire investor Warren Buffett, also did well, as did global financial services institution JPMorgan Chase and telecommunication services provider AT&T, whose shares rose about 24%. The biggest absolute detractor by far was Apple, the personal electronics and computer manufacturer, whose shares returned about -17%, with the negative impact magnified by the stock's large weighting in both the index and fund. Several other notable technology stocks held back results, including microprocessor company Intel and software manufacturer Microsoft. In the energy sector, Apache and Occidental Petroleum saw its shares drop by roughly 31% and 19%, respectively, while Caterpillar, a manufacturer of construction equipment and other heavy machinery, hampered results as well.

Annual Report

Spartan Total Market Index Fund

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Apple, Inc.	2.5	4.0
Exxon Mobil Corp.	2.4	2.6
General Electric Co.	1.5	1.4
Chevron Corp.	1.4	1.4
IBM Corp.	1.3	1.4
Google, Inc. Class A	1.3	1.1
Johnson & Johnson	1.3	1.2
Microsoft Corp.	1.3	1.5
Procter & Gamble Co.	1.2	1.2
AT&T, Inc.	1.2	1.4
	15.4
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Information Technology	17.4	19.3
Financials	17.0	15.7
Consumer Discretionary	12.0	11.9
Health Care	11.8	11.6
Industrials	11.1	10.5
Energy	10.2	10.1
Consumer Staples	9.3	9.6
Materials	3.8	3.8
Utilities	3.5	3.5
Telecommunication Services	2.6	2.8

Annual Report

Spartan Total Market Index Fund

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 98.7%
	Shares		Value
CONSUMER DISCRETIONARY - 12.0%
Auto Components - 0.4%
Allison Transmission Holdings, Inc.	27,992		$ 646,615
American Axle & Manufacturing Holdings, Inc. (a)(d)	58,540		740,531
BorgWarner, Inc. (a)(d)	106,804		7,947,286
Cooper Tire & Rubber Co.	54,354		1,374,069
Dana Holding Corp. (d)	143,074		2,393,628
Dorman Products, Inc. (d)	25,196		880,852
Drew Industries, Inc.	16,139		587,137
Exide Technologies (a)	55,732		149,362
Federal-Mogul Corp. Class A (a)(d)	43,356		350,316
Fuel Systems Solutions, Inc. (a)	13,525		187,862
Gentex Corp. (d)	141,938		2,661,338
Gentherm, Inc. (a)(d)	22,586		347,824
Johnson Controls, Inc.	645,200		20,304,444
Lear Corp.	91,325		4,878,582
Modine Manufacturing Co. (a)	32,309		266,226
Motorcar Parts of America, Inc. (a)	7,628		41,725
Quantum Fuel Systems Technologies Worldwide, Inc. (a)(d)	46,888		32,353
Spartan Motors, Inc.	44,931		237,685
Standard Motor Products, Inc.	17,952		443,953
Stoneridge, Inc. (a)	17,302		111,598
Strattec Security Corp.	672		19,118
Superior Industries International, Inc.	24,943		542,510
Tenneco, Inc. (a)	52,551		1,861,882
The Goodyear Tire & Rubber Co. (a)	217,777		2,826,745
Tower International, Inc. (a)	4,070		49,003
TRW Automotive Holdings Corp. (a)	95,106		5,581,771
UQM Technologies, Inc. (a)(d)	38,648		28,986
Visteon Corp. (a)	49,291		2,872,679
			58,366,080
Automobiles - 0.5%
Ford Motor Co.	3,560,625		44,899,481
General Motors Co. (a)(d)	721,012		19,575,476
Harley-Davidson, Inc.	211,628		11,137,982
Tesla Motors, Inc. (a)(d)	70,970		2,471,885
Thor Industries, Inc. (d)	39,293		1,477,024
Winnebago Industries, Inc. (a)(d)	22,867		443,162
			80,005,010
Distributors - 0.1%
Core-Mark Holding Co., Inc.	8,027		384,654
Genuine Parts Co.	144,858		10,289,264
LKQ Corp. (a)	282,518		5,986,556
Pool Corp. (d)	41,433		1,894,317
VOXX International Corp. (a)	18,073		179,826
Weyco Group, Inc.	1,992		45,936
			18,780,553
Diversified Consumer Services - 0.2%
American Public Education, Inc. (a)(d)	16,975		661,686

	Shares		Value
Apollo Group, Inc. Class A (non-vtg.) (a)(d)	111,836		$ 1,886,673
Ascent Capital Group, Inc. (a)	16,905		1,159,514
Bridgepoint Education, Inc. (a)	11,294		115,312
Bright Horizons Family Solutions, Inc. (d)	9,900		276,804
Capella Education Co. (a)(d)	13,812		437,288
Career Education Corp. (a)	44,821		143,427
Carriage Services, Inc.	4,102		74,656
Coinstar, Inc. (a)(d)	24,683		1,263,523
Collectors Universe, Inc. (d)	4,772		52,826
Corinthian Colleges, Inc. (a)	84,173		179,288
DeVry, Inc. (d)	60,163		1,803,687
Education Management Corp. (a)(d)	26,671		94,949
Grand Canyon Education, Inc. (a)(d)	30,849		738,834
H&R Block, Inc. (d)	269,674		6,704,096
Hillenbrand, Inc.	60,464		1,492,856
ITT Educational Services, Inc. (a)(d)	22,063		304,028
K12, Inc. (a)(d)	35,687		744,074
Learning Tree International, Inc. (a)	3,285		12,450
LifeLock, Inc. (d)	15,276		177,965
Lincoln Educational Services Corp. (d)	15,671		98,884
Mac-Gray Corp.	7,087		88,021
Matthews International Corp. Class A	31,601		1,042,833
National American University Holdings, Inc.	5,378		20,920
Regis Corp.	37,626		678,021
Service Corp. International	236,136		3,669,553
Sotheby's Class A (Ltd. vtg.) (d)	59,342		2,268,645
Steiner Leisure Ltd. (a)	10,649		502,100
Stewart Enterprises, Inc. Class A (d)	55,722		471,965
Strayer Education, Inc. (d)	14,558		714,652
Universal Technical Institute, Inc.	29,419		343,026
Weight Watchers International, Inc. (d)	21,193		907,908
			29,130,464
Hotels, Restaurants & Leisure - 2.0%
AFC Enterprises, Inc. (a)	18,286		548,580
Ambassadors Group, Inc.	24,177		108,797
Ameristar Casinos, Inc.	27,501		720,526
Bally Technologies, Inc. (a)(d)	46,562		2,223,336
Biglari Holdings, Inc. (a)	607		227,249
BJ's Restaurants, Inc. (a)(d)	21,746		669,559
Bloomin' Brands, Inc. (d)	25,018		430,560
Bluegreen Corp. (a)	6,427		62,728
Bob Evans Farms, Inc.	27,901		1,135,571
Boyd Gaming Corp. (a)(d)	49,786		327,094
Bravo Brio Restaurant Group, Inc. (a)	12,451		187,761
Brinker International, Inc.	62,217		2,076,803
Buffalo Wild Wings, Inc. (a)(d)	13,815		1,087,102
Burger King Worldwide, Inc.	82,686		1,509,020
Caesars Entertainment Corp. (d)	22,500		281,250
Carnival Corp. unit	412,990		14,772,652
Carrols Restaurant Group, Inc. (a)	6,381		33,947
CEC Entertainment, Inc.	20,553		621,728
Chipotle Mexican Grill, Inc. (a)(d)	29,079		9,211,936
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Hotels, Restaurants & Leisure - continued
Choice Hotels International, Inc. (d)	44,031		$ 1,674,499
Churchill Downs, Inc.	10,397		685,994
Chuys Holdings, Inc. (d)	5,695		162,364
Cosi, Inc. (a)(d)	46,943		40,840
Cracker Barrel Old Country Store, Inc. (d)	18,601		1,400,283
Darden Restaurants, Inc. (d)	117,392		5,431,728
Del Frisco's Restaurant Group, Inc. (a)(d)	5,543		97,501
Denny's Corp. (a)	71,197		402,975
DineEquity, Inc.	12,829		896,619
Domino's Pizza, Inc. (d)	66,862		3,183,968
Dover Downs Gaming & Entertainment, Inc.	1,508		3,514
Dover Motorsports, Inc.	9,993		16,988
Dunkin' Brands Group, Inc. (d)	91,395		3,395,324
Einstein Noah Restaurant Group, Inc.	3,797		51,032
Empire Resorts, Inc. (a)	4,429		8,902
Entertainment Gaming Asia, Inc. (a)	8,246		16,162
Famous Dave's of America, Inc. (a)	2,311		22,740
Fiesta Restaurant Group, Inc. (a)	11,401		257,663
Frisch's Restaurants, Inc.	500		9,510
Hyatt Hotels Corp. Class A (a)	51,855		2,130,722
Ignite Restaurant Group, Inc. (a)	4,841		67,968
International Game Technology	268,403		4,278,344
International Speedway Corp. Class A (d)	20,854		628,540
Interval Leisure Group, Inc.	29,497		615,602
Isle of Capri Casinos, Inc. (a)	20,657		136,956
Jack in the Box, Inc. (a)(d)	42,139		1,334,121
Jamba, Inc. (a)(d)	95,683		267,912
Kona Grill, Inc. (a)	4,029		34,247
Krispy Kreme Doughnuts, Inc. (a)(d)	61,696		814,387
Lakes Entertainment, Inc. (a)	2,872		8,673
Las Vegas Sands Corp.	337,364		17,370,872
Life Time Fitness, Inc. (a)(d)	34,454		1,451,892
Luby's, Inc. (a)	14,614		118,958
Marcus Corp.	22,859		279,108
Marriott International, Inc. Class A	251,677		9,928,658
Marriott Vacations Worldwide Corp. (a)	23,385		964,865
McDonald's Corp.	936,159		89,777,648
MGM Mirage, Inc. (a)	344,041		4,297,072
Monarch Casino & Resort, Inc. (a)	4,802		48,308
Morgans Hotel Group Co. (a)(d)	27,678		135,899
MTR Gaming Group, Inc. (a)	11,304		43,520
Multimedia Games Holding Co., Inc. (a)	20,726		387,576
Norwegian Cruise Line Holdings Ltd.	22,900		709,442
Orient Express Hotels Ltd. Class A (a)	89,796		927,593
Panera Bread Co. Class A (a)(d)	26,570		4,276,442
Papa John's International, Inc. (a)	19,260		1,001,713
Penn National Gaming, Inc. (a)(d)	61,522		3,066,872
Pinnacle Entertainment, Inc. (a)(d)	61,922		866,908
Premier Exhibitions, Inc. (a)	7,733		17,786

	Shares		Value
Red Lion Hotels Corp. (a)	3,129		$ 22,560
Red Robin Gourmet Burgers, Inc. (a)(d)	21,139		906,440
Rick's Cabaret International, Inc. (a)	5,726		48,728
Royal Caribbean Cruises Ltd.	140,250		4,890,518
Ruby Tuesday, Inc. (a)	44,363		325,624
Ruth's Hospitality Group, Inc. (a)(d)	33,916		307,279
Scientific Games Corp. Class A (a)	45,645		410,805
SHFL Entertainment, Inc. (a)	42,130		668,182
Six Flags Entertainment Corp. (d)	50,207		3,354,330
Sonic Corp. (a)(d)	98,965		1,117,315
Speedway Motorsports, Inc.	7,569		123,072
Starbucks Corp.	694,872		38,092,883
Starwood Hotels & Resorts Worldwide, Inc.	178,617		10,775,964
Texas Roadhouse, Inc. Class A	57,171		1,105,687
The Cheesecake Factory, Inc.	39,940		1,383,522
Town Sports International Holdings, Inc.	13,107		121,502
Vail Resorts, Inc. (d)	30,368		1,677,528
Wendy's Co.	250,660		1,426,255
WMS Industries, Inc. (a)	45,733		1,145,154
Wyndham Worldwide Corp.	137,748		8,297,940
Wynn Resorts Ltd.	72,102		8,428,724
Yum! Brands, Inc.	422,304		27,652,466
			312,265,887
Household Durables - 0.5%
American Greetings Corp. Class A (d)	30,155		488,511
Bassett Furniture Industries, Inc.	1,947		28,329
Beazer Homes USA, Inc. (a)(d)	22,468		349,827
Blyth, Inc. (d)	16,038		229,183
Cavco Industries, Inc. (a)(d)	9,813		442,664
Cobra Electronics Corp. (a)	1,032		3,468
CSS Industries, Inc.	16,118		386,993
D.R. Horton, Inc. (d)	256,142		5,711,967
Dixie Group, Inc. (a)	2,977		12,742
Emerson Radio Corp. (a)	23,724		39,145
Ethan Allen Interiors, Inc. (d)	19,507		545,026
Flexsteel Industries, Inc.	2,547		58,581
Furniture Brands International, Inc. (a)(d)	57,083		51,946
Garmin Ltd.	105,419		3,620,088
Harman International Industries, Inc.	71,938		3,053,768
Helen of Troy Ltd. (a)	30,506		1,131,162
Hooker Furniture Corp. (d)	13,495		202,560
Hovnanian Enterprises, Inc. Class A (a)(d)	177,163		1,036,404
iRobot Corp. (a)	21,633		463,812
Jarden Corp. (d)	66,002		4,099,384
KB Home (d)	64,653		1,208,365
Kid Brands, Inc. (a)	16,651		25,643
Koss Corp.	2,669		13,212
La-Z-Boy, Inc.	54,902		1,005,805
Leggett & Platt, Inc. (d)	123,614		3,780,116
Lennar Corp. Class A (d)	143,081		5,521,496
Libbey, Inc. (a)(d)	16,641		305,362
Lifetime Brands, Inc.	2,385		25,925
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Household Durables - continued
M.D.C. Holdings, Inc. (d)	26,306		$ 1,010,940
M/I Homes, Inc. (a)(d)	24,871		569,546
Meritage Homes Corp. (a)(d)	46,552		1,884,890
Mohawk Industries, Inc. (a)	51,902		5,502,650
NACCO Industries, Inc. Class A	6,219		361,262
Newell Rubbermaid, Inc.	259,791		6,063,522
NVR, Inc. (a)	4,152		4,190,198
PulteGroup, Inc. (a)	312,266		5,989,262
Ryland Group, Inc. (d)	35,461		1,266,667
Sealy Corp., Inc. (a)(d)	70,121		152,864
Skullcandy, Inc. (a)(d)	12,653		77,183
Skyline Corp. (a)	21,741		99,791
Standard Pacific Corp. (a)	98,412		801,074
Stanley Furniture Co., Inc. (a)	5,699		26,443
Tempur-Pedic International, Inc. (a)(d)	59,637		2,449,292
Toll Brothers, Inc. (a)(d)	127,535		4,351,494
TRI Pointe Homes, Inc. (d)	13,100		241,040
Tupperware Brands Corp.	50,496		3,950,302
Universal Electronics, Inc. (a)(d)	14,332		280,047
Whirlpool Corp.	72,373		8,174,530
Zagg, Inc. (a)(d)	21,268		155,894
			81,440,375
Internet & Catalog Retail - 1.0%
1-800-FLOWERS.com, Inc. Class A (a)	24,206		104,086
Amazon.com, Inc. (a)	338,066		89,340,702
Blue Nile, Inc. (a)(d)	11,337		384,664
dELiA*s, Inc. (a)	2,977		3,066
Expedia, Inc.	85,724		5,472,620
Gaiam, Inc. Class A (a)(d)	12,609		45,897
Geeknet, Inc. (a)	2,810		44,988
Groupon, Inc. Class A (a)	268,227		1,215,068
Hollywood Media Corp. (a)	1,032		1,373
HomeAway, Inc. (a)	35,174		1,037,633
HSN, Inc.	33,708		1,803,378
Kayak Software Corp. (d)	3,291		131,212
Liberty Media Corp.:
Interactive Series A (a)	531,914		11,106,364
Series A (a)	25,697		1,855,323
Netflix, Inc. (a)	51,856		9,753,076
NutriSystem, Inc. (d)	26,922		221,568
Orbitz Worldwide, Inc. (a)	31,286		133,278
Overstock.com, Inc. (a)(d)	14,467		168,107
PetMed Express, Inc.	32,292		408,494
priceline.com, Inc. (a)	46,413		31,912,651
Shutterfly, Inc. (a)(d)	25,110		1,086,761
TripAdvisor, Inc. (a)	101,113		4,596,597
U.S. Auto Parts Network, Inc. (a)(d)	5,048		6,613
ValueVision Media, Inc. Class A (a)(d)	18,644		48,847
Vitacost.com, Inc. (a)(d)	15,384		113,688
			160,996,054

	Shares		Value
Leisure Equipment & Products - 0.2%
Arctic Cat, Inc. (a)(d)	18,718		$ 680,025
Black Diamond, Inc. (a)(d)	20,004		159,632
Brunswick Corp. (d)	80,071		2,917,787
Callaway Golf Co.	77,147		518,428
Hasbro, Inc. (d)	104,633		4,187,413
JAKKS Pacific, Inc. (d)	19,661		239,471
Johnson Outdoors, Inc. Class A (a)	3,505		80,194
Leapfrog Enterprises, Inc. Class A (a)(d)	33,741		289,160
Marine Products Corp.	11,741		78,900
Mattel, Inc.	313,552		12,777,244
Meade Instruments Corp. (a)	112		179
Nautilus, Inc. (a)	5,159		29,509
Polaris Industries, Inc.	59,267		5,178,158
Smith & Wesson Holding Corp. (a)(d)	80,794		771,583
Steinway Musical Instruments, Inc. (a)	4,620		103,765
Sturm, Ruger & Co., Inc.	24,417		1,333,412
Summer Infant, Inc. (a)	32,605		66,188
			29,411,048
Media - 3.3%
A.H. Belo Corp. Class A	22,177		111,550
AMC Networks, Inc. Class A (a)	52,862		3,034,279
Arbitron, Inc.	37,846		1,772,707
Ballantyne of Omaha, Inc. (a)	17,964		64,850
Belo Corp. Series A (d)	87,121		752,725
Cablevision Systems Corp. - NY Group Class A	252,827		3,537,050
Carmike Cinemas, Inc. (a)	21,753		340,652
CBS Corp. Class B	552,084		23,954,925
Central European Media Enterprises Ltd. Class A (a)(d)	17,504		91,546
Charter Communications, Inc. Class A (a)(d)	40,337		3,484,713
Cinemark Holdings, Inc.	88,767		2,467,723
Clear Channel Outdoor Holding, Inc. Class A	41,131		312,596
Comcast Corp. Class A	2,481,691		98,746,485
Crown Media Holdings, Inc. Class A (a)	24,979		47,960
Cumulus Media, Inc. Class A (a)(d)	68,791		224,947
Dex One Corp. (a)	62,269		110,839
Digital Cinema Destinations Co.	1,935		11,571
Digital Generation, Inc. (a)(d)	26,444		204,941
DIRECTV (a)	572,344		27,569,810
Discovery Communications, Inc. (a)(d)	222,440		16,311,525
DISH Network Corp. Class A	211,095		7,346,106
DreamWorks Animation SKG, Inc. Class A (a)(d)	70,761		1,174,633
E.W. Scripps Co. Class A (a)	24,274		262,402
Emmis Communications Corp. Class A (a)	7,973		12,837
Entercom Communications Corp. Class A (a)(d)	21,235		159,475
Entravision Communication Corp. Class A	63,982		127,964
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Media - continued
FAB Universal Corp. (a)(d)	3,212		$ 11,242
Fisher Communications, Inc.	2,670		98,176
Gannett Co., Inc.	200,317		4,020,362
Gray Television, Inc. (a)	29,764		124,116
Harris Interactive, Inc. (a)	5,389		8,892
Harte-Hanks, Inc.	45,482		330,654
Insignia Systems, Inc. (a)	5,038		9,723
Interpublic Group of Companies, Inc.	397,857		5,084,612
John Wiley & Sons, Inc. Class A (d)	46,973		1,718,272
Journal Communications, Inc. Class A (a)	23,068		126,182
Lamar Advertising Co. Class A (a)	69,336		3,206,097
Liberty Global, Inc. Class A (a)(d)	233,612		16,093,531
Liberty Media Corp. Class A (a)	105,746		11,420,568
LIN TV Corp. Class A (a)(d)	36,007		409,400
Live Nation Entertainment, Inc. (a)(d)	134,515		1,424,514
Martha Stewart Living Omnimedia, Inc. Class A (a)(d)	39,255		100,885
Media General, Inc. Class A (a)(d)	21,745		106,333
Meredith Corp. (d)	34,788		1,461,792
Morningstar, Inc.	26,885		1,843,773
National CineMedia, Inc.	40,280		614,270
Navarre Corp. (a)	5,954		11,968
News Corp. Class A	1,885,020		54,288,576
Nexstar Broadcasting Group, Inc. Class A	20,803		309,133
Omnicom Group, Inc.	246,402		14,175,507
Outdoor Channel Holdings, Inc.	3,578		26,728
Pandora Media, Inc. (a)(d)	80,080		976,976
Radio One, Inc. Class D (non-vtg.) (a)(d)	32,336		46,564
ReachLocal, Inc. (a)(d)	5,194		65,081
Regal Entertainment Group Class A (d)	55,158		864,326
Rentrak Corp. (a)	4,521		94,489
RLJ Entertainment, Inc. (a)	17,180		67,861
Saga Communications, Inc. Class A	268		11,765
Salem Communications Corp. Class A	1,732		10,877
Scholastic Corp. (d)	25,364		763,456
Scripps Networks Interactive, Inc. Class A	83,052		5,236,429
Shutterstock, Inc. (d)	4,521		147,385
Sinclair Broadcast Group, Inc. Class A	37,417		526,831
Sirius XM Radio, Inc. (d)	3,023,868		9,373,991
Spanish Broadcasting System, Inc. Class A (a)	698		1,752
Starz - Liberty Capital Series A (a)(d)	101,960		1,892,378
SuperMedia, Inc. (a)(d)	19,383		78,307
The Madison Square Garden Co. Class A (a)	53,298		2,980,424
The McClatchy Co. Class A (a)(d)	49,260		128,076
The New York Times Co. Class A (a)(d)	109,097		1,054,968
The Walt Disney Co.	1,655,258		90,360,534
Time Warner Cable, Inc.	281,817		24,346,171
Time Warner, Inc.	883,690		46,985,797
Valassis Communications, Inc. (d)	33,863		930,894

	Shares		Value
Viacom, Inc. Class B (non-vtg.)	438,262		$ 25,620,797
Washington Post Co. Class B	3,968		1,581,407
World Wrestling Entertainment, Inc. Class A (d)	44,310		369,102
			523,778,755
Multiline Retail - 0.7%
Big Lots, Inc. (a)(d)	53,063		1,766,998
Dillard's, Inc. Class A	32,687		2,604,500
Dollar General Corp. (a)	241,081		11,171,694
Dollar Tree, Inc. (a)	221,972		10,029,805
Family Dollar Stores, Inc.	100,910		5,807,371
Fred's, Inc. Class A	41,012		556,533
Gordmans Stores, Inc. (a)	10,233		136,201
J.C. Penney Co., Inc. (d)	131,144		2,304,200
Kohl's Corp.	200,844		9,258,908
Macy's, Inc.	360,200		14,804,220
Nordstrom, Inc.	136,880		7,421,634
Saks, Inc. (a)(d)	100,086		1,140,980
Sears Holdings Corp. (a)(d)	37,834		1,702,530
Target Corp.	603,803		38,015,437
The Bon-Ton Stores, Inc. (d)	19,775		212,186
Tuesday Morning Corp. (a)	26,882		239,250
			107,172,447
Specialty Retail - 2.4%
Aarons, Inc. Class A	69,026		1,883,720
Abercrombie & Fitch Co. Class A	83,791		3,907,174
Advance Auto Parts, Inc.	67,765		5,173,180
Aeropostale, Inc. (a)	70,783		921,595
America's Car Mart, Inc. (a)	10,422		497,755
American Eagle Outfitters, Inc.	183,756		3,800,074
ANN, Inc. (a)	46,918		1,327,310
Asbury Automotive Group, Inc. (a)	22,455		758,081
Ascena Retail Group, Inc. (a)(d)	107,818		1,810,264
AutoNation, Inc. (a)	53,370		2,336,005
AutoZone, Inc. (a)	34,149		12,981,742
Barnes & Noble, Inc. (a)(d)	41,457		652,533
bebe Stores, Inc.	66,951		265,126
Bed Bath & Beyond, Inc. (a)	214,039		12,146,713
Best Buy Co., Inc. (d)	248,339		4,075,243
Big 5 Sporting Goods Corp.	16,237		253,135
Body Central Corp. (a)	23,522		181,355
Books-A-Million, Inc. (a)(d)	4,414		10,770
Brown Shoe Co., Inc. (d)	39,452		647,013
Build-A-Bear Workshop, Inc. (a)	4,049		20,164
Cabela's, Inc. Class A (a)(d)	43,517		2,201,525
Cache, Inc. (a)(d)	2,880		12,384
CarMax, Inc. (a)	213,259		8,191,278
Chico's FAS, Inc. (d)	157,246		2,670,037
Christopher & Banks Corp. (a)	22,706		137,371
Citi Trends, Inc. (a)(d)	14,433		148,516
Coldwater Creek, Inc. (a)(d)	13,235		47,514
Conn's, Inc. (a)(d)	15,280		489,571
Destination Maternity Corp.	9,860		220,765
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
Destination XL Group, Inc. (a)(d)	42,389		$ 192,446
Dick's Sporting Goods, Inc.	83,168		4,158,400
DSW, Inc. Class A (d)	26,500		1,793,785
Express, Inc. (a)	81,477		1,507,325
Finish Line, Inc. Class A	36,835		667,082
Five Below, Inc.	9,429		375,274
Foot Locker, Inc.	137,615		4,705,057
Francescas Holdings Corp. (a)(d)	39,040		993,568
GameStop Corp. Class A (d)	113,091		2,834,060
Gap, Inc.	291,066		9,581,893
Genesco, Inc. (a)(d)	19,944		1,170,314
GNC Holdings, Inc.	68,927		2,826,007
Group 1 Automotive, Inc.	17,193		992,724
Guess?, Inc. (d)	49,289		1,364,812
Haverty Furniture Companies, Inc.	22,550		413,793
hhgregg, Inc. (a)(d)	15,184		142,122
Hibbett Sports, Inc. (a)(d)	22,731		1,201,106
Home Depot, Inc.	1,399,366		95,856,571
Hot Topic, Inc. (d)	51,429		555,433
Jos. A. Bank Clothiers, Inc. (a)(d)	23,081		957,862
Kirkland's, Inc. (a)	10,699		124,536
Limited Brands, Inc.	219,825		10,006,434
Lithia Motors, Inc. Class A (sub. vtg.) (d)	20,666		849,373
Lowe's Companies, Inc.	1,050,958		40,094,048
Lumber Liquidators Holdings, Inc. (a)(d)	25,466		1,507,333
MarineMax, Inc. (a)(d)	10,125		131,119
Mattress Firm Holding Corp. (a)(d)	7,207		200,715
Monro Muffler Brake, Inc. (d)	28,456		1,054,295
New York & Co., Inc. (a)	19,427		83,730
O'Reilly Automotive, Inc. (a)	111,111		11,304,433
Office Depot, Inc. (a)	247,217		996,285
OfficeMax, Inc.	117,377		1,405,003
Pacific Sunwear of California, Inc. (a)(d)	60,120		127,454
Penske Automotive Group, Inc.	46,027		1,369,764
Perfumania Holdings, Inc. (a)	876		5,387
PetSmart, Inc.	105,988		6,900,879
Pier 1 Imports, Inc. (d)	103,847		2,333,442
RadioShack Corp. (d)	82,121		246,363
Rent-A-Center, Inc. (d)	61,802		2,242,177
Restoration Hardware Holdings, Inc. (d)	4,814		185,869
Ross Stores, Inc.	207,497		12,026,526
rue21, Inc. (a)(d)	10,092		272,484
Sally Beauty Holdings, Inc. (a)(d)	137,637		3,818,050
Sears Hometown & Outlet Stores, Inc. (a)	10,000		445,700
Select Comfort Corp. (a)(d)	50,428		1,035,287
Shoe Carnival, Inc.	8,791		170,809
Signet Jewelers Ltd. (d)	75,093		4,597,193
Sonic Automotive, Inc. Class A (sub. vtg.)	32,657		729,557
Stage Stores, Inc.	23,252		574,092
Staples, Inc. (d)	620,676		8,180,510
Stein Mart, Inc.	16,975		144,457

	Shares		Value
Systemax, Inc.	6,560		$ 65,272
The Buckle, Inc. (d)	22,180		993,886
The Cato Corp. Class A (sub. vtg.)	30,985		795,075
The Children's Place Retail Stores, Inc. (a)(d)	18,479		840,055
The Men's Wearhouse, Inc.	53,679		1,509,453
The Pep Boys - Manny, Moe & Jack (a)(d)	83,764		932,293
Tiffany & Co., Inc. (d)	117,916		7,919,239
Tile Shop Holdings, Inc. (a)	29,018		511,587
Tilly's, Inc. (a)	6,806		90,384
TJX Companies, Inc.	679,027		30,535,844
Tractor Supply Co.	64,603		6,718,066
Trans World Entertainment Corp.	2,977		11,283
Ulta Salon, Cosmetics & Fragrance, Inc.	53,900		4,773,384
Urban Outfitters, Inc. (a)	100,078		4,055,161
Vitamin Shoppe, Inc. (a)(d)	26,676		1,401,824
West Marine, Inc. (a)	3,285		41,095
Wet Seal, Inc. Class A (a)	66,930		196,774
Williams-Sonoma, Inc. (d)	84,343		3,829,172
Winmark Corp.	391		24,172
Zale Corp. (a)(d)	22,527		88,531
Zumiez, Inc. (a)(d)	17,893		409,750
			378,963,151
Textiles, Apparel & Luxury Goods - 0.7%
American Apparel, Inc. (a)(d)	42,333		56,303
Carter's, Inc. (a)(d)	47,035		2,653,244
Cherokee, Inc.	20,319		283,856
Coach, Inc.	263,207		12,720,794
Columbia Sportswear Co. (d)	17,213		955,838
Crocs, Inc. (a)	79,497		1,205,175
Culp, Inc.	7,038		110,567
Deckers Outdoor Corp. (a)(d)	36,096		1,456,113
Delta Apparel, Inc. (a)(d)	1,905		31,223
Fifth & Pacific Companies, Inc. (a)(d)	107,666		1,947,678
Fossil, Inc. (a)	50,709		5,211,364
G-III Apparel Group Ltd. (a)(d)	12,799		467,164
Hanesbrands, Inc. (a)(d)	86,732		3,438,056
Iconix Brand Group, Inc. (a)(d)	61,164		1,444,694
Joe's Jeans, Inc. (a)(d)	32,503		45,179
K-Swiss, Inc. Class A (a)	23,242		109,470
Maidenform Brands, Inc. (a)	18,000		345,420
Michael Kors Holdings Ltd. (a)(d)	108,297		6,419,846
Movado Group, Inc.	14,045		506,182
NIKE, Inc. Class B	686,074		37,363,590
Oxford Industries, Inc. (d)	12,480		606,653
Perry Ellis International, Inc.	7,954		129,014
PVH Corp.	73,938		9,009,345
Quiksilver, Inc. (a)(d)	122,287		764,294
R.G. Barry Corp.	3,640		44,918
Ralph Lauren Corp.	56,208		9,750,402
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)	32,235		673,712
Steven Madden Ltd. (a)	35,946		1,584,859
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Textiles, Apparel & Luxury Goods - continued
Superior Uniform Group, Inc.	859		$ 10,007
The Jones Group, Inc.	62,712		723,696
True Religion Apparel, Inc.	28,057		748,841
Tumi Holdings, Inc. (d)	16,160		382,022
Under Armour, Inc. Class A (sub. vtg.) (a)	74,542		3,673,430
Unifi, Inc. (a)	18,843		295,081
Vera Bradley, Inc. (a)(d)	16,362		412,322
VF Corp.	81,630		13,163,654
Wolverine World Wide, Inc. (d)	42,482		1,792,740
			120,536,746
TOTAL CONSUMER DISCRETIONARY			1,900,846,570
CONSUMER STAPLES - 9.3%
Beverages - 1.9%
Beam, Inc.	155,347		9,480,827
Boston Beer Co., Inc. Class A (a)(d)	7,731		1,201,629
Brown-Forman Corp. Class B (non-vtg.)	139,755		9,170,723
Central European Distribution Corp. (a)(d)	99,939		72,296
Coca-Cola Bottling Co. CONSOLIDATED	3,094		202,440
Coca-Cola Enterprises, Inc.	270,815		9,689,761
Constellation Brands, Inc. Class A (sub. vtg.) (a)	138,226		6,115,118
Craft Brew Alliance, Inc. (a)	5,908		39,052
Crimson Wine Group Ltd. (a)	1,943		15,641
Dr. Pepper Snapple Group, Inc.	203,653		8,883,344
MGP Ingredients, Inc.	4,299		17,798
Molson Coors Brewing Co. Class B	144,316		6,380,210
Monster Beverage Corp. (a)	137,421		6,930,141
National Beverage Corp.	7,694		102,946
PepsiCo, Inc.	1,442,437		109,293,451
Primo Water Corp. (a)(d)	8,907		9,085
REED'S, Inc. (a)(d)	1,830		7,521
The Coca-Cola Co.	3,614,328		139,946,780
			307,558,763
Food & Staples Retailing - 2.0%
Andersons, Inc.	16,533		811,440
Arden Group, Inc. Class A	86		7,836
Casey's General Stores, Inc. (d)	33,387		1,889,370
Chefs' Warehouse Holdings (a)(d)	6,997		125,946
Costco Wholesale Corp.	405,498		41,072,892
Crumbs Bake Shop, Inc. (a)(d)	5,760		14,688
CVS Caremark Corp.	1,165,150		59,562,468
Fresh Market, Inc. (a)(d)	36,436		1,698,646
Harris Teeter Supermarkets, Inc.	65,364		2,810,652
Ingles Markets, Inc. Class A	19,385		398,556
Kroger Co.	476,839		13,928,467
Nash-Finch Co.	11,468		219,842

	Shares		Value
Natural Grocers by Vitamin Cottage, Inc. (d)	6,984		$ 144,569
Pizza Inn Holdings, Inc. (a)(d)	9,079		28,599
PriceSmart, Inc. (d)	17,002		1,260,698
Rite Aid Corp. (a)	682,788		1,119,772
Roundy's, Inc. (d)	8,260		47,330
Safeway, Inc. (d)	265,495		6,334,711
Spartan Stores, Inc.	24,920		415,167
SUPERVALU, Inc. (d)	203,563		808,145
Susser Holdings Corp. (a)(d)	14,504		642,237
Sysco Corp.	541,988		17,430,334
The Pantry, Inc. (a)	24,320		302,541
United Natural Foods, Inc. (a)	43,201		2,186,835
Village Super Market, Inc. Class A	3,352		109,778
Wal-Mart Stores, Inc.	1,567,752		110,965,487
Walgreen Co.	805,739		32,986,955
Weis Markets, Inc.	9,706		392,705
Whole Foods Market, Inc.	158,987		13,612,467
			311,329,133
Food Products - 1.8%
Alico, Inc.	172		7,370
Annie's, Inc.	7,023		294,685
Archer Daniels Midland Co.	615,354		19,605,178
B&G Foods, Inc. Class A (d)	45,939		1,350,607
Boulder Brands, Inc. (a)(d)	68,009		579,437
Bunge Ltd. (d)	137,909		10,220,436
Cal-Maine Foods, Inc.	14,807		599,535
Calavo Growers, Inc. (d)	8,788		247,382
Campbell Soup Co.	184,577		7,597,189
Chiquita Brands International, Inc. (a)(d)	30,757		191,001
Coffee Holding Co., Inc.	3,401		24,997
ConAgra Foods, Inc.	369,281		12,596,175
Darling International, Inc. (a)	125,934		2,101,838
Dean Foods Co. (a)	165,929		2,754,421
Diamond Foods, Inc. (d)	18,346		284,913
Dole Food Co., Inc. (a)(d)	28,149		315,269
Farmer Brothers Co. (a)	3,100		39,339
Flowers Foods, Inc.	120,921		3,407,554
Fresh Del Monte Produce, Inc.	38,697		1,009,605
General Mills, Inc.	594,950		27,516,438
Green Mountain Coffee Roasters, Inc. (a)(d)	115,161		5,500,089
H.J. Heinz Co.	295,763		21,422,114
Hain Celestial Group, Inc. (a)(d)	40,266		2,204,564
Hillshire Brands Co.	104,379		3,381,880
Hormel Foods Corp.	148,701		5,562,904
Ingredion, Inc.	69,989		4,633,272
J&J Snack Foods Corp.	11,932		825,933
John B. Sanfilippo & Son, Inc.	4,594		87,562
Kellogg Co.	225,848		13,663,804
Kraft Foods Group, Inc.	551,454		26,728,975
Lancaster Colony Corp.	17,892		1,309,158
Limoneira Co.	3,738		73,676
McCormick & Co., Inc. (non-vtg.)	124,088		8,347,400
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Food Products - continued
Mead Johnson Nutrition Co. Class A	189,296		$ 14,180,163
Mondelez International, Inc.	1,657,567		45,831,728
Omega Protein Corp. (a)	32,056		265,424
Pilgrims Pride Corp. (a)(d)	54,584		480,885
Post Holdings, Inc. (a)	28,839		1,114,916
Sanderson Farms, Inc. (d)	16,208		822,232
Seneca Foods Corp. Class A (a)	7,029		214,525
Smithfield Foods, Inc. (a)	121,954		2,712,257
Snyders-Lance, Inc.	50,907		1,260,457
The Hershey Co.	144,101		12,009,377
The J.M. Smucker Co.	102,284		9,747,665
Tootsie Roll Industries, Inc. (d)	29,529		829,174
TreeHouse Foods, Inc. (a)	37,174		2,170,590
Tyson Foods, Inc. Class A	265,963		6,029,381
WhiteWave Foods Co. (d)	22,752		355,841
			282,509,315
Household Products - 1.9%
Central Garden & Pet Co. Class A (non-vtg.) (a)	34,714		303,053
Church & Dwight Co., Inc. (d)	135,097		8,370,610
Clorox Co.	117,785		9,895,118
Colgate-Palmolive Co.	416,187		47,624,278
Energizer Holdings, Inc.	57,715		5,305,740
Harbinger Group, Inc. (a)	9,831		84,252
Kimberly-Clark Corp.	363,072		34,230,428
Oil-Dri Corp. of America	644		17,723
Orchids Paper Products Co.	2,087		45,747
Procter & Gamble Co.	2,559,499		194,982,634
Spectrum Brands Holdings, Inc.	23,337		1,262,298
WD-40 Co.	17,410		943,796
			303,065,677
Personal Products - 0.2%
Avon Products, Inc.	410,247		8,020,329
Cyanotech Corp. (a)	2,300		10,120
Elizabeth Arden, Inc. (a)(d)	22,677		882,135
Estee Lauder Companies, Inc. Class A	220,556		14,137,640
Herbalife Ltd. (d)	102,302		4,121,748
Inter Parfums, Inc.	14,485		362,994
LifeVantage Corp. (a)(d)	61,077		154,525
Mannatech, Inc. (a)	599		3,444
MediFast, Inc. (a)(d)	10,225		237,016
Nature's Sunshine Products, Inc. (d)	2,859		41,341
Nu Skin Enterprises, Inc. Class A	53,831		2,217,837
Nutraceutical International Corp.	4,799		78,656
Prestige Brands Holdings, Inc. (a)(d)	44,548		1,059,797
Revlon, Inc. (a)	13,966		314,933
Star Scientific, Inc. (a)(d)	92,291		163,355
The Female Health Co. (d)	4,862		34,520
USANA Health Sciences, Inc. (a)(d)	12,622		559,028
			32,399,418

	Shares		Value
Tobacco - 1.5%
Alliance One International, Inc. (a)(d)	89,449		$ 333,645
Altria Group, Inc.	1,890,644		63,431,106
Lorillard, Inc.	357,231		13,767,683
Philip Morris International, Inc.	1,566,647		143,739,862
Reynolds American, Inc.	311,872		13,622,569
Universal Corp.	28,408		1,584,882
Vector Group Ltd. (d)	57,232		918,574
			237,398,321
TOTAL CONSUMER STAPLES			1,474,260,627
ENERGY - 10.2%
Energy Equipment & Services - 2.1%
Atwood Oceanics, Inc. (a)(d)	74,378		3,804,435
Baker Hughes, Inc.	406,618		18,224,619
Basic Energy Services, Inc. (a)(d)	31,153		455,768
Bolt Technology Corp.	7,172		111,883
Bristow Group, Inc.	35,526		2,069,745
C&J Energy Services, Inc. (a)	39,339		952,004
Cal Dive International, Inc. (a)(d)	78,352		141,817
Cameron International Corp. (a)	227,925		14,523,381
Carbo Ceramics, Inc. (d)	17,768		1,613,334
Dawson Geophysical Co. (a)	7,871		243,214
Diamond Offshore Drilling, Inc. (d)	67,074		4,673,716
Dresser-Rand Group, Inc. (a)(d)	66,371		4,092,436
Dril-Quip, Inc. (a)(d)	35,273		2,900,499
ENGlobal Corp. (a)	5,637		3,269
Ensco PLC Class A	218,569		13,144,740
Era Group, Inc. (a)	20,388		411,634
Exterran Holdings, Inc. (a)(d)	55,256		1,394,109
FMC Technologies, Inc. (a)(d)	219,958		11,418,020
Forbes Energy Services Ltd. (a)	500		1,550
Forum Energy Technologies, Inc. (d)	11,487		306,473
Geospace Technologies Corp. (a)	13,000		1,265,160
Global Geophysical Services, Inc. (a)(d)	18,062		42,265
GreenHunter Energy, Inc.	12,193		20,240
Gulf Island Fabrication, Inc.	10,744		255,815
Gulfmark Offshore, Inc. Class A	20,706		739,618
Halliburton Co.	861,984		35,780,956
Helix Energy Solutions Group, Inc. (a)	81,255		1,902,180
Helmerich & Payne, Inc.	101,955		6,755,538
Hercules Offshore, Inc. (a)(d)	189,533		1,285,034
Hornbeck Offshore Services, Inc. (a)(d)	29,524		1,254,770
ION Geophysical Corp. (a)(d)	97,381		646,610
Key Energy Services, Inc. (a)	128,766		1,104,812
Lufkin Industries, Inc.	32,247		2,088,961
Matrix Service Co. (a)	19,340		300,930
McDermott International, Inc. (a)(d)	226,474		2,880,749
Mitcham Industries, Inc. (a)(d)	23,287		357,455
Nabors Industries Ltd.	258,579		4,333,784
National Oilwell Varco, Inc.	399,939		27,247,844
Natural Gas Services Group, Inc. (a)	21,602		377,171
Common Stocks - continued
	Shares		Value
ENERGY - continued
Energy Equipment & Services - continued
Newpark Resources, Inc. (a)(d)	85,435		$ 752,682
Noble Corp.	237,885		8,521,041
Oceaneering International, Inc.	101,325		6,443,257
Oil States International, Inc. (a)(d)	51,844		3,947,921
Parker Drilling Co. (a)	122,844		584,737
Patterson-UTI Energy, Inc.	135,919		3,172,349
PHI, Inc. (non-vtg.) (a)	18,377		579,794
Pioneer Energy Services Corp. (a)	48,304		421,694
RigNet, Inc. (a)(d)	15,376		301,677
Rowan Companies PLC (a)	117,283		4,056,819
RPC, Inc. (d)	65,463		1,059,191
Schlumberger Ltd.	1,242,067		96,694,916
SEACOR Holdings, Inc. (d)	20,388		1,416,558
Superior Energy Services, Inc. (a)	151,895		4,017,623
Tesco Corp. (a)	25,016		317,953
TETRA Technologies, Inc. (a)(d)	67,813		625,914
TGC Industries, Inc.	12,062		115,433
Tidewater, Inc.	43,850		2,075,421
Transocean Ltd. (United States)	335,485		17,545,866
Unit Corp. (a)(d)	41,417		1,883,645
Weatherford International Ltd. (a)	699,745		8,312,971
Willbros Group, Inc. (a)	35,988		242,919
			332,216,919
Oil, Gas & Consumable Fuels - 8.1%
Abraxas Petroleum Corp. (a)(d)	126,005		258,310
Adams Resources & Energy, Inc.	1,804		71,817
Alon USA Energy, Inc.	9,432		183,830
Alpha Natural Resources, Inc. (a)(d)	204,525		1,632,110
Amyris, Inc. (a)(d)	41,172		120,634
Anadarko Petroleum Corp.	465,845		37,071,945
Apache Corp.	367,367		27,284,347
APCO Oil and Gas International, Inc.	12,221		162,539
Approach Resources, Inc. (a)(d)	29,242		723,740
Arch Coal, Inc.	201,141		1,051,967
Barnwell Industries, Inc. (a)	2,847		9,481
Berry Petroleum Co. Class A (d)	38,847		1,778,027
Bill Barrett Corp. (a)(d)	37,315		673,536
BioFuel Energy Corp. (a)(d)	979		4,944
Bonanza Creek Energy, Inc. (a)(d)	18,196		615,571
BPZ Energy, Inc. (a)(d)	134,116		329,925
Cabot Oil & Gas Corp.	196,920		12,203,132
Callon Petroleum Co. (a)	31,499		169,780
Carrizo Oil & Gas, Inc. (a)(d)	36,358		854,049
Ceres, Inc.	2,484		9,961
Cheniere Energy, Inc. (a)	203,342		4,331,185
Chesapeake Energy Corp. (d)	476,743		9,611,139
Chevron Corp.	1,834,942		214,963,455
Cimarex Energy Co. (d)	80,895		5,445,042
Clayton Williams Energy, Inc. (a)(d)	7,754		307,834
Clean Energy Fuels Corp. (a)(d)	67,120		844,370
Cloud Peak Energy, Inc. (a)(d)	54,586		935,604

	Shares		Value
Cobalt International Energy, Inc. (a)(d)	161,814		$ 3,991,951
Comstock Resources, Inc. (a)(d)	32,496		458,844
Concho Resources, Inc. (a)(d)	97,403		8,762,374
ConocoPhillips	1,134,704		65,756,097
CONSOL Energy, Inc.	213,487		6,863,607
Contango Oil & Gas Co. (d)	16,222		628,765
Continental Resources, Inc. (a)(d)	57,407		5,051,816
Crimson Exploration, Inc. (a)	12,416		40,104
Crosstex Energy, Inc. (d)	45,920		765,486
Cubic Energy, Inc. (a)	25,301		5,624
CVR Energy, Inc.	13,732		771,464
Delek US Holdings, Inc.	36,764		1,373,503
Denbury Resources, Inc. (a)(d)	362,076		6,560,817
Devon Energy Corp.	349,289		18,952,421
DHT Holdings, Inc.	4,997		21,487
Diamondback Energy, Inc.	12,429		282,263
Double Eagle Petroleum Co. (a)	1,282		6,038
Emerald Oil, Inc. (a)	18,010		124,269
Endeavour International Corp. (a)(d)	33,475		84,692
Energen Corp.	73,288		3,388,837
EOG Resources, Inc.	252,479		31,739,135
EPL Oil & Gas, Inc. (a)	30,399		782,166
EQT Corp.	139,951		8,829,509
Evolution Petroleum Corp. (a)(d)	6,950		71,238
EXCO Resources, Inc. (d)	115,116		764,370
Exxon Mobil Corp.	4,270,778		382,448,170
Forest Oil Corp. (a)(d)	96,618		560,384
FX Energy, Inc. (a)(d)	35,252		124,440
Gasco Energy, Inc. (a)	97,844		5,675
Gastar Exploration Ltd. (a)	74,542		85,723
Gevo, Inc. (a)(d)	17,509		34,668
GMX Resources, Inc. (a)(d)	5,751		13,860
Goodrich Petroleum Corp. (a)(d)	33,339		429,740
Green Plains Renewable Energy, Inc. (a)(d)	14,190		134,379
Gulfport Energy Corp. (a)	61,924		2,535,788
Halcon Resources Corp. (a)(d)	102,301		726,337
Harvest Natural Resources, Inc. (a)(d)	33,266		179,969
Hess Corp.	277,626		18,462,129
HollyFrontier Corp.	189,781		10,665,692
Houston American Energy Corp. (a)(d)	36,485		8,392
Hyperdynamics Corp. (a)(d)	268,169		139,475
Isramco, Inc. (a)	123		12,138
James River Coal Co. (a)(d)	31,067		82,328
Kinder Morgan Holding Co. LLC	583,849		21,643,282
KiOR, Inc. Class A (a)(d)	14,609		80,496
Kodiak Oil & Gas Corp. (a)	306,801		2,730,529
Laredo Petroleum Holdings, Inc. (a)	29,519		505,956
Lucas Energy, Inc. (a)	9,400		12,032
Magellan Petroleum Corp. (a)	35,895		39,126
Magnum Hunter Resources Corp. (a)(d)	135,725		525,256
Magnum Hunter Resources Corp. warrants 10/14/13 (a)(d)	4,197		546
Marathon Oil Corp.	658,184		22,049,164
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Marathon Petroleum Corp.	317,320		$ 26,299,482
Matador Resources Co. (d)	19,175		149,757
McMoRan Exploration Co. (a)	119,052		1,915,547
Midstates Petroleum Co., Inc.	20,651		154,056
Miller Energy Resources, Inc. (a)(d)	32,422		127,094
Murphy Oil Corp.	169,996		10,349,356
Newfield Exploration Co. (a)	125,514		2,901,884
Noble Energy, Inc.	166,064		18,404,873
Northern Oil & Gas, Inc. (a)(d)	45,133		618,773
Oasis Petroleum, Inc. (a)(d)	64,744		2,376,105
Occidental Petroleum Corp.	758,827		62,474,227
Pacific Ethanol, Inc. (a)(d)	128,037		49,294
Panhandle Royalty Co. Class A	6,335		172,565
PBF Energy, Inc. Class A	22,067		921,297
PDC Energy, Inc. (a)(d)	25,121		1,171,643
Peabody Energy Corp.	250,217		5,394,679
Penn Virginia Corp. (d)	41,256		167,912
Petroquest Energy, Inc. (a)(d)	70,948		272,440
Phillips 66	586,698		36,938,506
Pioneer Natural Resources Co.	113,759		14,312,020
Plains Exploration & Production Co. (a)	134,043		6,081,531
QEP Resources, Inc.	166,921		5,084,414
Quicksilver Resources, Inc. (a)(d)	93,566		174,033
Range Resources Corp. (d)	149,693		11,496,422
Recovery Energy, Inc. (a)(d)	8,026		14,848
Renewable Energy Group, Inc. (a)(d)	7,119		52,609
Rentech, Inc.	169,556		462,888
Resolute Energy Corp. (a)(d)	29,689		302,234
Rex American Resources Corp. (a)	3,020		69,762
Rex Energy Corp. (a)(d)	32,188		433,894
Rosetta Resources, Inc. (a)(d)	44,961		2,188,701
Royale Energy, Inc. (a)(d)	5,368		13,044
Sanchez Energy Corp. (a)(d)	7,390		136,789
SandRidge Energy, Inc. (a)(d)	334,445		1,906,337
Saratoga Resources, Inc. (a)	16,554		49,828
SemGroup Corp. Class A (a)	56,834		2,619,479
SM Energy Co. (d)	62,332		3,607,776
Solazyme, Inc. (a)(d)	23,891		208,568
Southwestern Energy Co. (a)	327,623		11,227,640
Spectra Energy Corp.	611,633		17,761,822
Stone Energy Corp. (a)(d)	41,697		852,704
Swift Energy Co. (a)(d)	29,835		403,369
Synergy Resources Corp. (a)(d)	26,560		176,093
Syntroleum Corp. (a)	150,374		68,420
Targa Resources Corp.	22,682		1,383,602
Teekay Corp.	34,398		1,193,611
Tengasco, Inc. (a)	12,601		8,436
Tesoro Corp.	129,036		7,256,985
The Williams Companies, Inc.	627,283		21,772,993
Ultra Petroleum Corp. (a)(d)	143,182		2,442,685
Uranium Energy Corp. (a)(d)	54,945		126,923

	Shares		Value
Uranium Resources, Inc. (a)(d)	26,282		$ 70,961
US Energy Corp. (a)	13,579		23,763
USEC, Inc. (a)(d)	83,065		39,871
VAALCO Energy, Inc. (a)(d)	68,248		553,491
Valero Energy Corp.	516,190		23,533,102
Verenium Corp. (a)	522		1,274
W&T Offshore, Inc.	37,319		554,560
Warren Resources, Inc. (a)(d)	48,923		128,178
Western Refining, Inc.	53,248		1,911,071
Westmoreland Coal Co. (a)	10,233		107,447
Whiting Petroleum Corp. (a)	109,106		5,313,462
World Fuel Services Corp.	70,210		2,670,086
WPX Energy, Inc. (a)(d)	177,241		2,515,050
ZaZa Energy Corp. (a)(d)	19,430		30,894
Zion Oil & Gas, Inc. (a)(d)	13,122		15,746
			1,274,179,731
TOTAL ENERGY			1,606,396,650
FINANCIALS - 17.0%
Capital Markets - 2.0%
Affiliated Managers Group, Inc. (a)	48,529		7,096,396
Ameriprise Financial, Inc.	193,199		13,259,247
Arlington Asset Investment Corp.	9,211		237,644
Artio Global Investors, Inc. Class A	48,721		132,521
Bank of New York Mellon Corp.	1,100,094		29,856,551
BGC Partners, Inc. Class A	92,324		394,223
BlackRock, Inc. Class A	116,972		28,044,037
Calamos Asset Management, Inc. Class A	22,184		248,017
Charles Schwab Corp.	1,009,176		16,389,018
CIFI Corp. (a)	3,896		32,960
Cohen & Steers, Inc.	17,375		572,854
Cowen Group, Inc. Class A (a)	80,174		209,254
Diamond Hill Investment Group, Inc.	1,102		82,672
Duff & Phelps Corp. Class A	22,401		348,112
E*TRADE Financial Corp. (a)	224,502		2,404,416
Eaton Vance Corp. (non-vtg.) (d)	104,783		4,001,663
Epoch Holding Corp.	13,351		373,160
Evercore Partners, Inc. Class A	25,847		1,051,973
FBR Capital Markets Corp. (a)	11,471		202,578
Federated Investors, Inc. Class B (non-vtg.) (d)	80,486		1,868,885
Financial Engines, Inc.	37,117		1,212,984
Franklin Resources, Inc.	129,776		18,330,860
FXCM, Inc. Class A (d)	51,378		675,621
GAMCO Investors, Inc. Class A	6,083		325,441
GFI Group, Inc.	69,449		243,766
Gleacher & Co., Inc. (a)	36,175		21,235
Goldman Sachs Group, Inc.	412,530		61,780,493
Greenhill & Co., Inc.	23,725		1,442,006
HFF, Inc.	24,812		455,548
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Capital Markets - continued
ICG Group, Inc. (a)	32,808		$ 427,488
Institutional Financial Markets, Inc.	6,881		18,923
INTL FCStone, Inc. (a)(d)	15,053		268,546
Invesco Ltd.	400,700		10,734,753
Investment Technology Group, Inc. (a)	55,680		674,285
Janus Capital Group, Inc. (d)	187,399		1,735,315
JMP Group, Inc.	11,989		71,335
Knight Capital Group, Inc. Class A (a)	70,305		260,129
Ladenburg Thalmann Financial Services, Inc. (a)	42,620		55,406
Legg Mason, Inc.	149,276		4,254,366
LPL Financial	55,040		1,735,411
Manning & Napier, Inc.	3,941		58,879
Medallion Financial Corp.	4,309		56,017
Morgan Stanley	1,286,946		29,020,632
Northern Trust Corp.	199,951		10,631,395
Oppenheimer Holdings, Inc. Class A (non-vtg.)	6,844		129,352
Piper Jaffray Companies (a)(d)	20,940		807,656
Pzena Investment Management, Inc.	4,972		31,274
Raymond James Financial, Inc.	100,886		4,426,878
Safeguard Scientifics, Inc. (a)(d)	26,745		404,919
SEI Investments Co.	130,771		3,696,896
State Street Corp.	433,197		24,514,618
Stifel Financial Corp. (a)(d)	43,239		1,493,475
SWS Group, Inc. (a)	24,189		155,051
T. Rowe Price Group, Inc.	236,667		16,848,324
TD Ameritrade Holding Corp. (d)	223,704		4,252,613
Teton Advisors, Inc. (a)	106		2,014
U.S. Global Investments, Inc. Class A	7,637		29,021
Virtus Investment Partners, Inc. (a)(d)	4,798		806,112
Waddell & Reed Financial, Inc. Class A (d)	70,045		2,873,246
Walter Investment Management Corp. (a)	33,105		1,520,182
Westwood Holdings Group, Inc.	3,640		150,514
WisdomTree Investments, Inc. (a)	96,770		880,607
			314,319,767
Commercial Banks - 3.0%
1st Source Corp.	8,597		202,545
1st United Bancorp, Inc.	20,464		124,421
Access National Corp.	1,270		20,206
ACNB Corp.	3,789		62,746
Alliance Financial Corp.	5,029		223,539
American National Bankshares, Inc.	2,748		55,592
Ameris Bancorp (a)	34,183		474,460
Ames National Corp.	1,209		25,026
Arrow Financial Corp.	15,508		375,914
Associated Banc-Corp.	148,936		2,143,189
BancFirst Corp.	10,611		424,864
Bancorp, Inc., Delaware (a)	28,595		365,158
BancorpSouth, Inc.	84,413		1,291,519

	Shares		Value
Bank of Hawaii Corp.	64,151		$ 3,104,267
Bank of Kentucky Financial Corp.	1,699		45,397
Bank of Marin Bancorp	2,794		105,026
Bank of the Ozarks, Inc. (d)	37,486		1,439,088
BankUnited, Inc.	48,423		1,373,276
Banner Bank	13,068		388,250
Bar Harbor Bankshares	2,686		95,756
BB&T Corp.	654,452		19,869,163
BBCN Bancorp, Inc.	67,581		836,653
BCB Bancorp, Inc.	2,814		26,958
BOK Financial Corp.	38,531		2,289,897
Boston Private Financial Holdings, Inc.	63,942		583,790
Bridge Bancorp, Inc.	540		11,372
Bridge Capital Holdings (a)	1,107		16,849
Bryn Mawr Bank Corp.	9,420		216,095
BSB Bancorp, Inc. (a)	6,958		91,846
C & F Financial Corp.	573		22,891
Camden National Corp.	1,850		62,697
Capital Bank Financial Corp. Series A	10,674		197,469
Capital City Bank Group, Inc. (a)(d)	7,146		81,822
CapitalSource, Inc.	188,339		1,695,051
Cardinal Financial Corp.	22,155		352,929
Cascade Bancorp (a)(d)	4,186		25,242
Cathay General Bancorp	74,072		1,443,663
Center Bancorp, Inc.	6,904		85,610
Centerstate Banks of Florida, Inc.	6,387		54,098
Central Pacific Financial Corp. (a)(d)	26,089		404,119
Century Bancorp, Inc. Class A (non-vtg.)	686		22,638
Chemical Financial Corp.	26,904		658,879
CIT Group, Inc. (a)	188,005		7,869,889
Citizens & Northern Corp.	8,777		171,152
Citizens Republic Bancorp, Inc. (a)	39,789		819,653
City Holding Co. (d)	22,173		840,800
City National Corp. (d)	45,217		2,568,778
CNB Financial Corp., Pennsylvania	7,083		119,349
CoBiz, Inc.	39,972		331,368
Columbia Banking Systems, Inc. (d)	29,815		596,300
Comerica, Inc.	181,563		6,242,136
Commerce Bancshares, Inc.	76,716		2,922,112
Community Bank System, Inc.	29,335		846,901
Community Trust Bancorp, Inc.	13,652		465,943
CU Bancorp (a)	6,814		83,812
Cullen/Frost Bankers, Inc.	71,142		4,308,360
CVB Financial Corp. (d)	84,778		898,647
Eagle Bancorp, Inc., Maryland (a)(d)	16,194		351,410
East West Bancorp, Inc.	172,545		4,244,607
Eastern Virginia Bankshares, Inc. (a)	821		5,492
Enterprise Bancorp, Inc.	803		12,760
Enterprise Financial Services Corp.	12,168		170,109
Farmers National Banc Corp.	14,652		91,575
Fidelity Southern Corp.	3,363		37,329
Fifth Third Bancorp	855,912		13,557,646
Financial Institutions, Inc.	12,700		253,111
First Bancorp, North Carolina	9,193		122,635
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
First Bancorp, Puerto Rico (a)(d)	46,129		$ 252,326
First Busey Corp. (d)	50,381		226,715
First California Financial Group, Inc. (a)	10,516		84,549
First Citizen Bancshares, Inc.	5,973		1,072,452
First Commonwealth Financial Corp.	74,665		542,815
First Community Bancshares, Inc.	8,561		133,723
First Connecticut Bancorp, Inc.	11,897		170,246
First Financial Bancorp, Ohio	41,951		643,109
First Financial Bankshares, Inc. (d)	43,848		1,955,621
First Financial Corp., Indiana	8,837		271,738
First Financial Service Corp. (a)	2,521		8,092
First Horizon National Corp.	203,894		2,167,393
First Interstate Bancsystem, Inc.	19,621		358,476
First M&F Corp.	2,170		29,751
First Merchants Corp.	25,012		371,928
First Midwest Bancorp, Inc., Delaware	83,782		1,047,275
First Niagara Financial Group, Inc.	297,749		2,435,587
First of Long Island Corp.	1,768		50,512
First Republic Bank	67,611		2,464,421
First United Corp. (a)	3,018		24,204
FirstMerit Corp. (d)	97,649		1,476,453
FNB Corp., Pennsylvania	105,430		1,197,685
FNB United Corp. (a)	6,555		66,599
Fulton Financial Corp. (d)	187,360		2,126,536
German American Bancorp, Inc.	4,623		100,596
Glacier Bancorp, Inc.	63,024		1,099,139
Great Southern Bancorp, Inc.	6,815		163,628
Guaranty Bancorp (a)	13,950		28,179
Hampton Roads Bankshares, Inc. (a)(d)	89,921		118,696
Hancock Holding Co.	79,232		2,392,806
Hanmi Financial Corp. (a)	26,311		447,024
Hawthorn Bancshares, Inc.	1,439		14,606
Heartland Financial USA, Inc.	8,878		208,988
Heritage Commerce Corp. (a)	14,712		99,453
Heritage Financial Corp., Washington	12,768		176,837
Heritage Oaks Bancorp (a)	3,340		18,771
Home Bancshares, Inc.	25,101		849,669
HomeTrust Bancshares, Inc. (d)	20,129		310,993
Horizon Bancorp Industries	706		14,318
Hudson Valley Holding Corp.	14,551		220,884
Huntington Bancshares, Inc.	815,715		5,734,476
IBERIABANK Corp. (d)	26,893		1,350,029
Independent Bank Corp. (a)	1,144		6,761
Independent Bank Corp., Massachusetts (d)	25,945		822,197
International Bancshares Corp. (d)	64,813		1,312,463
Intervest Bancshares Corp. Class A (a)	6,160		33,449
Investors Bancorp, Inc.	53,522		945,734
KeyCorp	879,084		8,254,599
Lakeland Bancorp, Inc.	23,579		226,594
Lakeland Financial Corp.	13,545		334,832

	Shares		Value
M&T Bank Corp.	113,824		$ 11,620,292
Macatawa Bank Corp. (a)(d)	22,839		111,683
MainSource Financial Group, Inc.	13,271		185,794
MB Financial, Inc.	47,874		1,135,093
MBT Financial Corp. (a)	1,548		5,619
Merchants Bancshares, Inc.	5,246		151,295
Metro Bancorp, Inc. (a)	11,557		192,424
Metrocorp Bancshares, Inc. (a)	6,201		64,118
Midsouth Bancorp, Inc.	5,240		80,015
National Bank Holdings Corp.	12,034		217,695
National Bankshares, Inc.	5,803		195,793
National Penn Bancshares, Inc. (d)	120,787		1,183,713
NBT Bancorp, Inc.	33,888		693,348
NewBridge Bancorp (a)	7,211		42,401
North Valley Bancorp (a)	849		14,408
Northrim Bancorp, Inc.	2,935		63,807
Old National Bancorp, Indiana	98,018		1,323,243
Old Second Bancorp, Inc. (a)(d)	18,605		63,257
OmniAmerican Bancorp, Inc. (a)	6,877		179,215
Oriental Financial Group, Inc. (d)	40,168		614,972
Orrstown Financial Services, Inc. (a)	5,669		80,216
Pacific Continental Corp.	3,048		32,400
Pacific Mercantile Bancorp (a)	9,641		57,460
Pacific Premier Bancorp, Inc. (a)	35		419
PacWest Bancorp (d)	32,508		888,444
Park National Corp. (d)	11,650		768,667
Park Sterling Corp. (a)	28,617		162,545
Penns Woods Bancorp, Inc. (d)	1,028		41,603
Peoples Bancorp, Inc.	3,334		72,248
Peoples Financial Corp., Mississippi	2,667		32,057
Pinnacle Financial Partners, Inc. (a)(d)	30,086		653,167
PNC Financial Services Group, Inc.	496,403		30,970,583
Popular, Inc. (a)	112,654		3,145,300
Preferred Bank, Los Angeles (a)	1,131		18,232
Premier Financial Bancorp, Inc.	115		1,340
PrivateBancorp, Inc.	92,031		1,648,275
Prosperity Bancshares, Inc. (d)	49,088		2,264,920
Regions Financial Corp.	1,378,520		10,545,678
Renasant Corp. (d)	22,516		495,577
Republic Bancorp, Inc., Kentucky Class A	18,205		393,956
Royal Bancshares of Pennsylvania, Inc. Class A (a)	2,700		3,861
S&T Bancorp, Inc.	32,238		582,218
S.Y. Bancorp, Inc.	6,551		148,380
Sandy Spring Bancorp, Inc.	13,803		267,226
SCBT Financial Corp. (d)	10,493		499,677
Seacoast Banking Corp., Florida (a)	25,630		52,798
Shore Bancshares, Inc.	2,958		19,759
Sierra Bancorp	3,618		45,804
Signature Bank (a)(d)	42,555		3,160,560
Simmons First National Corp. Class A	10,951		275,308
Southside Bancshares, Inc.	12,735		272,147
Southwest Bancorp, Inc., Oklahoma (a)(d)	15,446		200,644
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
State Bank Financial Corp.	26,469		$ 420,857
StellarOne Corp.	11,962		184,095
Sterling Bancorp, New York	27,642		281,119
Sterling Financial Corp.	40,387		855,397
Suffolk Bancorp (a)	15,697		221,014
Sun Bancorp, Inc., New Jersey (a)(d)	48,802		175,687
SunTrust Banks, Inc.	510,552		14,086,130
Susquehanna Bancshares, Inc. (d)	163,794		1,904,924
SVB Financial Group (a)	38,629		2,590,461
Synovus Financial Corp. (d)	1,042,950		2,649,093
Taylor Capital Group, Inc. (a)(d)	9,976		164,903
TCF Financial Corp.	168,588		2,316,399
Texas Capital Bancshares, Inc. (a)(d)	44,486		1,879,978
The First Bancorp, Inc.	2,896		50,188
Tompkins Financial Corp.	6,518		270,041
TowneBank (d)	18,594		270,357
Trico Bancshares	12,062		205,657
Trustmark Corp.	94,171		2,156,516
U.S. Bancorp	1,760,333		59,816,115
UMB Financial Corp.	29,731		1,355,436
Umpqua Holdings Corp. (d)	89,344		1,121,267
Union/First Market Bankshares Corp.	16,413		297,896
United Bankshares, Inc., West Virginia (d)	35,646		926,796
United Community Banks, Inc., Georgia (a)	43,617		469,755
Univest Corp. of Pennsylvania	10,023		166,282
Valley National Bancorp (d)	184,448		1,850,013
Virginia Commerce Bancorp, Inc. (a)	37,552		509,205
Washington Banking Co., Oak Harbor	5,615		77,150
Washington Trust Bancorp, Inc.	15,489		409,529
Webster Financial Corp.	85,199		1,876,082
Wells Fargo & Co.	4,595,089		161,195,722
WesBanco, Inc.	21,334		499,002
West Bancorp., Inc.	1,202		13,306
West Coast Bancorp	13,663		321,081
Westamerica Bancorp.	22,409		991,598
Western Alliance Bancorp. (a)(d)	61,889		823,124
Wilshire Bancorp, Inc. (a)	41,540		243,840
Wintrust Financial Corp. (d)	33,573		1,225,415
Zions Bancorporation	180,863		4,366,033
			478,962,888
Consumer Finance - 0.8%
American Express Co.	908,418		56,458,179
Asset Acceptance Capital Corp. (a)	10,832		57,085
Asta Funding, Inc.	4,468		42,982
Atlanticus Holdings Corp. (a)(d)	35,598		115,338
Capital One Financial Corp.	541,201		27,617,487
Cash America International, Inc. (d)	23,667		1,198,497
Consumer Portfolio Services, Inc. (a)(d)	2,464		20,328
Credit Acceptance Corp. (a)	9,077		1,003,281

	Shares		Value
DFC Global Corp. (a)(d)	43,285		$ 808,564
Discover Financial Services	473,884		18,258,751
Encore Capital Group, Inc. (a)(d)	16,160		477,528
EZCORP, Inc. (non-vtg.) Class A (a)	48,356		1,000,002
First Cash Financial Services, Inc. (a)(d)	28,920		1,530,157
First Marblehead Corp. (a)(d)	51,880		45,551
Green Dot Corp. Class A (a)	44,284		620,862
Imperial Holdings, Inc. (a)(d)	16,708		66,832
Nelnet, Inc. Class A	22,213		737,027
Netspend Holdings, Inc. (a)	44,711		708,669
Portfolio Recovery Associates, Inc. (a)(d)	16,868		1,972,291
SLM Corp.	416,481		7,900,645
World Acceptance Corp. (a)(d)	15,268		1,201,592
			121,841,648
Diversified Financial Services - 3.0%
Bank of America Corp.	10,096,598		113,384,796
CBOE Holdings, Inc.	75,768		2,721,587
Citigroup, Inc.	2,746,452		115,268,590
CME Group, Inc.	287,473		17,196,635
Gain Capital Holdings, Inc.	15,735		69,863
Interactive Brokers Group, Inc.	35,966		529,060
IntercontinentalExchange, Inc. (a)(d)	65,579		10,152,941
JPMorgan Chase & Co.	3,552,220		173,774,602
Leucadia National Corp. (d)	274,854		7,393,573
Life Partners Holdings, Inc. (d)	18,668		74,299
MarketAxess Holdings, Inc. (d)	38,326		1,497,014
Marlin Business Services Corp.	13,319		252,395
McGraw-Hill Companies, Inc.	257,711		11,996,447
MicroFinancial, Inc.	86		634
Moody's Corp. (d)	180,684		8,683,673
MSCI, Inc. Class A (a)(d)	121,379		4,021,286
NewStar Financial, Inc. (a)(d)	27,065		366,189
NYSE Euronext	235,811		8,791,034
PHH Corp. (a)(d)	45,131		948,202
PICO Holdings, Inc. (a)(d)	18,345		394,601
Resource America, Inc. Class A	2,362		21,045
The NASDAQ Stock Market, Inc.	124,702		3,948,065
Vector Capital Corp. rights (a)	4,280		0
			481,486,531
Insurance - 4.2%
ACE Ltd.	311,412		26,591,471
AFLAC, Inc.	437,110		21,833,645
Alleghany Corp.	16,625		6,282,089
Allied World Assurance Co. Holdings Ltd.	33,827		2,970,349
Allstate Corp.	443,988		20,432,328
American Equity Investment Life Holding Co. (d)	51,311		712,197
American Financial Group, Inc.	76,865		3,378,985
American International Group, Inc. (a)	1,380,642		52,478,202
American National Insurance Co.	11,975		962,431
American Safety Insurance Group Ltd. (a)	2,651		61,053
Amerisafe, Inc. (d)	28,834		940,565
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Insurance - continued
Amtrust Financial Services, Inc. (d)	26,184		$ 870,618
Aon PLC	293,587		17,935,230
Arch Capital Group Ltd. (a)(d)	122,181		6,001,531
Argo Group International Holdings, Ltd.	29,792		1,131,500
Arthur J. Gallagher & Co.	116,853		4,496,503
Aspen Insurance Holdings Ltd.	68,795		2,466,989
Assurant, Inc.	95,115		3,993,879
Assured Guaranty Ltd.	183,926		3,433,898
Axis Capital Holdings Ltd.	106,761		4,348,376
Baldwin & Lyons, Inc. Class B	5,084		118,406
Berkshire Hathaway, Inc. Class B (a)	1,707,202		174,407,756
Brown & Brown, Inc.	116,705		3,501,150
Cincinnati Financial Corp.	161,273		7,258,898
Citizens, Inc. Class A (a)(d)	31,937		293,501
CNA Financial Corp.	51,802		1,633,835
CNO Financial Group, Inc.	187,983		2,056,534
Crawford & Co. Class B	10,464		86,433
Donegal Group, Inc. Class A	4,528		65,294
Eastern Insurance Holdings, Inc.	901		16,777
eHealth, Inc. (a)	26,343		409,107
EMC Insurance Group	5,816		149,704
Employers Holdings, Inc.	36,335		763,398
Endurance Specialty Holdings Ltd. (d)	33,058		1,455,874
Enstar Group Ltd. (a)	9,122		1,143,351
Erie Indemnity Co. Class A	24,672		1,805,990
Everest Re Group Ltd.	47,316		5,896,047
FBL Financial Group, Inc. Class A	12,986		471,911
Federated National Holding Co.	1,278		7,272
Fidelity National Financial, Inc. Class A	187,810		4,683,981
First Acceptance Corp. (a)	4,055		4,663
First American Financial Corp.	99,791		2,423,923
Fortegra Financial Corp. (a)	10,670		96,564
Genworth Financial, Inc. Class A (a)	453,375		3,871,823
Global Indemnity PLC (a)	13,709		316,678
Greenlight Capital Re, Ltd. (a)(d)	17,063		409,171
Hallmark Financial Services, Inc. (a)	10,337		93,653
Hanover Insurance Group, Inc.	48,173		2,056,024
Hartford Financial Services Group, Inc. (d)	404,630		9,553,314
HCC Insurance Holdings, Inc.	77,118		3,084,720
Health Insurance Innovations	4,900		61,201
Hilltop Holdings, Inc. (a)(d)	54,392		698,393
Homeowners Choice, Inc. (d)	3,589		72,354
Horace Mann Educators Corp.	37,921		775,864
Independence Holding Co.	16,014		151,973
Infinity Property & Casualty Corp.	13,372		751,373
Investors Title Co.	1,086		71,600
Kansas City Life Insurance Co.	2,863		106,847
Kemper Corp.	45,013		1,424,211
Lincoln National Corp.	257,619		7,610,065
Loews Corp.	308,435		13,296,633

	Shares		Value
Maiden Holdings Ltd.	73,970		$ 745,618
Markel Corp. (a)	8,688		4,200,214
Marsh & McLennan Companies, Inc.	499,497		18,551,319
MBIA, Inc. (a)(d)	133,617		1,292,076
Meadowbrook Insurance Group, Inc.	46,791		328,941
Mercury General Corp.	32,057		1,246,056
MetLife, Inc.	1,021,419		36,199,089
Montpelier Re Holdings Ltd.	62,043		1,533,703
National Financial Partners Corp. (a)(d)	57,169		1,123,943
National Interstate Corp.	7,859		261,548
National Western Life Insurance Co. Class A (d)	2,078		338,423
Navigators Group, Inc. (a)	15,156		851,161
Old Republic International Corp.	205,421		2,467,106
OneBeacon Insurance Group Ltd.	20,572		275,048
PartnerRe Ltd.	55,220		4,927,833
Phoenix Companies, Inc. (a)	3,067		76,982
Platinum Underwriters Holdings Ltd.	32,909		1,740,228
Primerica, Inc.	38,359		1,207,158
Principal Financial Group, Inc.	266,275		8,416,953
ProAssurance Corp.	50,156		2,351,815
Progressive Corp. (d)	507,847		12,371,153
Protective Life Corp.	78,222		2,496,846
Prudential Financial, Inc.	429,423		23,863,036
Reinsurance Group of America, Inc.	67,866		3,902,295
RenaissanceRe Holdings Ltd.	38,496		3,366,090
RLI Corp.	13,036		898,702
Safety Insurance Group, Inc.	14,899		700,253
Selective Insurance Group, Inc.	42,720		950,093
StanCorp Financial Group, Inc. (d)	37,431		1,490,128
State Auto Financial Corp.	6,222		104,530
Stewart Information Services Corp. (d)	21,434		496,197
Symetra Financial Corp.	63,181		832,094
The Chubb Corp.	243,401		20,452,986
The Travelers Companies, Inc.	352,417		28,341,375
Torchmark Corp.	96,240		5,407,726
Tower Group, Inc.	56,423		1,052,289
United Fire Group, Inc.	20,054		492,927
Universal Insurance Holdings, Inc.	15,547		68,251
Unum Group	290,729		7,114,139
Validus Holdings Ltd.	96,782		3,448,343
W.R. Berkley Corp.	93,123		3,864,605
White Mountains Insurance Group Ltd.	5,736		3,240,840
XL Group PLC Class A	291,212		8,340,312
			655,908,529
Real Estate Investment Trusts - 3.6%
Acadia Realty Trust (SBI) (d)	43,554		1,172,474
AG Mortgage Investment Trust, Inc.	18,957		497,242
Agree Realty Corp.	17,794		499,478
Alexanders, Inc.	2,701		876,475
Alexandria Real Estate Equities, Inc.	58,761		4,180,258
American Assets Trust, Inc.	30,756		929,754
American Campus Communities, Inc.	100,126		4,525,695
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
American Capital Agency Corp. (d)	317,049		$ 10,056,794
American Capital Mortgage Investment Corp.	52,567		1,350,972
American Realty Capital Properties, Inc.	7,446		98,511
American Tower Corp.	369,121		28,643,790
Annaly Capital Management, Inc. (d)	903,030		13,987,935
Anworth Mortgage Asset Corp. (d)	251,516		1,534,248
Apartment Investment & Management Co. Class A	129,351		3,831,377
Apollo Commercial Real Estate Finance, Inc.	23,002		396,785
Apollo Residential Mortgage, Inc.	12,502		279,795
Arbor Realty Trust, Inc.	29,871		236,578
Ares Commercial Real Estate Corp.	17,618		300,035
Armour Residential REIT, Inc.	350,513		2,344,932
Ashford Hospitality Trust, Inc. (d)	69,895		822,664
Associated Estates Realty Corp. (d)	41,987		733,933
AvalonBay Communities, Inc.	106,629		13,310,498
BioMed Realty Trust, Inc. (d)	156,049		3,295,755
Boston Properties, Inc.	141,720		14,721,874
Brandywine Realty Trust (SBI) (d)	117,771		1,619,351
BRE Properties, Inc.	68,958		3,352,048
BRT Realty Trust (a)	5,568		41,259
Camden Property Trust (SBI)	76,966		5,321,429
Campus Crest Communities, Inc. (d)	32,807		411,400
Capital Trust, Inc. Class A	26,388		59,637
CapLease, Inc.	46,796		279,840
Capstead Mortgage Corp.	68,354		857,159
CBL & Associates Properties, Inc. (d)	132,387		3,010,480
Cedar Shopping Centers, Inc.	59,877		343,694
Chatham Lodging Trust	14,263		234,769
Chesapeake Lodging Trust	44,367		955,222
Chimera Investment Corp.	1,225,514		3,652,032
Colonial Properties Trust (SBI) (d)	73,570		1,586,169
Colony Financial, Inc.	46,259		1,024,637
CommonWealth REIT (d)	92,858		2,344,665
Coresite Realty Corp.	24,333		788,389
Corporate Office Properties Trust (SBI) (d)	70,447		1,822,464
Cousins Properties, Inc. (d)	110,370		1,072,796
Crexus Investment Corp.	67,523		898,731
CubeSmart (d)	102,102		1,504,983
CyrusOne, Inc.	16,200		345,222
Cys Investments, Inc. (d)	154,865		1,836,699
DCT Industrial Trust, Inc. (d)	235,284		1,708,162
DDR Corp.	287,291		4,961,516
DiamondRock Hospitality Co.	161,462		1,443,470
Digital Realty Trust, Inc.	112,771		7,553,402
Douglas Emmett, Inc. (d)	131,928		3,233,555
Duke Realty LP (d)	288,029		4,654,549
DuPont Fabros Technology, Inc. (d)	100,616		2,330,267
EastGroup Properties, Inc. (d)	24,180		1,373,666

	Shares		Value
Education Realty Trust, Inc.	93,993		$ 1,025,464
EPR Properties (d)	65,817		3,211,211
Equity Lifestyle Properties, Inc.	37,774		2,783,566
Equity One, Inc.	59,709		1,403,759
Equity Residential (SBI)	300,187		16,522,292
Essex Property Trust, Inc. (d)	31,185		4,646,253
Excel Trust, Inc. (d)	30,162		380,343
Extra Space Storage, Inc.	91,185		3,413,966
Federal Realty Investment Trust (SBI)	65,716		6,979,696
FelCor Lodging Trust, Inc. (a)	200,216		1,005,084
First Industrial Realty Trust, Inc. (d)	73,033		1,159,034
First Potomac Realty Trust (d)	52,713		744,835
Franklin Street Properties Corp. (d)	68,554		942,618
General Growth Properties, Inc. (d)	418,652		8,012,999
Getty Realty Corp. (d)	23,628		469,725
Gladstone Commercial Corp.	10,709		203,043
Glimcher Realty Trust (d)	117,715		1,325,471
Government Properties Income Trust (d)	38,181		1,010,269
Gramercy Capital Corp. (a)	85,386		326,175
Gyrodyne Co. of America, Inc.	302		22,475
Hatteras Financial Corp.	121,103		3,232,239
HCP, Inc.	421,332		20,594,708
Health Care REIT, Inc.	238,305		15,284,883
Healthcare Realty Trust, Inc. (d)	75,869		2,018,115
Healthcare Trust of America, Inc.	41,271		473,791
Hersha Hospitality Trust	166,640		934,850
Highwoods Properties, Inc. (SBI) (d)	58,977		2,152,661
Home Properties, Inc.	43,481		2,714,084
Hospitality Properties Trust (SBI) (d)	104,935		2,801,765
Host Hotels & Resorts, Inc.	659,203		10,988,914
Hudson Pacific Properties, Inc.	39,210		884,970
Inland Real Estate Corp.	58,987		569,814
Invesco Mortgage Capital, Inc. (d)	122,202		2,568,686
Investors Real Estate Trust (d)	69,850		664,274
iStar Financial, Inc. (a)	71,516		714,445
JAVELIN Mortgage Investment Corp.	7,375		141,453
Kilroy Realty Corp.	69,106		3,646,033
Kimco Realty Corp. (d)	365,383		7,954,388
Kite Realty Group Trust	62,068		409,028
LaSalle Hotel Properties (SBI)	89,618		2,275,401
Lexington Corporate Properties Trust (d)	130,150		1,491,519
Liberty Property Trust (SBI) (d)	101,740		3,946,495
LTC Properties, Inc.	26,907		1,037,803
Mack-Cali Realty Corp. (d)	78,978		2,241,396
Medical Properties Trust, Inc.	109,056		1,583,493
MFA Financial, Inc.	335,157		2,976,194
MHI Hospitality Corp.	2,721		11,673
Mid-America Apartment Communities, Inc. (d)	43,592		3,027,028
Monmouth Real Estate Investment Corp. Class A	35,864		400,242
MPG Office Trust, Inc. (a)(d)	145,580		377,052
National Health Investors, Inc. (d)	21,683		1,405,058
National Retail Properties, Inc. (d)	95,841		3,301,722
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
New York Mortgage Trust, Inc. (d)	42,080		$ 296,243
NorthStar Realty Finance Corp.	126,141		1,128,962
Omega Healthcare Investors, Inc. (d)	98,005		2,743,160
One Liberty Properties, Inc.	11,261		244,589
Parkway Properties, Inc.	31,704		536,115
Pebblebrook Hotel Trust (d)	47,465		1,134,888
Pennsylvania Real Estate Investment Trust (SBI)	54,751		988,256
PennyMac Mortgage Investment Trust (d)	49,995		1,270,873
Piedmont Office Realty Trust, Inc. Class A (d)	148,914		2,927,649
Plum Creek Timber Co., Inc.	155,723		7,552,566
PMC Commercial Trust	8,500		59,585
Post Properties, Inc.	47,292		2,257,720
Potlatch Corp.	34,281		1,508,707
Power (REIT)	718		7,611
Prologis, Inc.	433,925		16,897,040
PS Business Parks, Inc.	16,465		1,218,245
Public Storage	135,985		20,562,292
RAIT Financial Trust	83,839		606,994
Ramco-Gershenson Properties Trust (SBI)	36,987		584,395
Rayonier, Inc. (d)	116,685		6,519,191
Realty Income Corp.	165,752		7,566,579
Redwood Trust, Inc.	89,769		1,818,720
Regency Centers Corp. (d)	90,033		4,670,912
Resource Capital Corp.	86,728		589,750
Retail Opportunity Investments Corp. (d)	70,350		908,219
Retail Properties America, Inc. (d)	28,399		420,305
RLJ Lodging Trust	96,663		2,067,622
Rouse Properties, Inc. (d)	17,327		287,801
Ryman Hospitality Properties, Inc. (d)	46,451		2,078,682
Sabra Health Care REIT, Inc. (d)	44,632		1,179,624
Saul Centers, Inc.	11,025		482,454
Select Income (REIT)	15,485		430,638
Senior Housing Properties Trust (SBI)	173,790		4,360,391
Silver Bay Realty Trust Corp. (d)	15,000		306,300
Simon Property Group, Inc.	289,740		46,028,096
SL Green Realty Corp. (d)	83,735		6,834,451
Sovran Self Storage, Inc.	24,309		1,478,960
Spirit Realty Capital, Inc. (d)	28,497		567,660
Stag Industrial, Inc. (d)	38,576		818,197
Starwood Property Trust, Inc.	118,310		3,306,765
Strategic Hotel & Resorts, Inc. (a)	334,781		2,437,206
Summit Hotel Properties, Inc.	38,502		369,619
Sun Communities, Inc.	36,167		1,682,851
Sunstone Hotel Investors, Inc. (a)	148,041		1,677,305
Supertel Hospitality, Inc., Maryland (a)	5,631		6,363
Tanger Factory Outlet Centers, Inc. (d)	79,590		2,808,731
Taubman Centers, Inc. (d)	52,569		4,033,094
Terreno Realty Corp.	12,136		217,234
The Geo Group, Inc.	66,308		2,290,278

	Shares		Value
The Macerich Co. (d)	126,640		$ 7,612,330
Two Harbors Investment Corp.	262,968		3,381,768
UDR, Inc. (d)	225,065		5,370,051
UMH Properties, Inc.	10,346		103,667
Universal Health Realty Income Trust (SBI) (d)	13,491		770,471
Urstadt Biddle Properties, Inc. Class A	26,585		561,741
Ventas, Inc.	276,442		19,566,565
Vornado Realty Trust	159,312		12,778,416
Washington (REIT) (SBI)	61,934		1,714,952
Weingarten Realty Investors (SBI)	108,015		3,310,660
Western Asset Mortgage Capital Corp.	17,996		386,734
Weyerhaeuser Co.	503,112		14,796,524
Whitestone REIT Class B	2,558		37,731
Winthrop Realty Trust	19,884		249,544
WP Carey, Inc. (d)	56,109		3,343,535
ZAIS Financial Corp. (d)	6,000		120,420
			572,536,966
Real Estate Management & Development - 0.1%
Alexander & Baldwin, Inc.	43,253		1,523,803
American Spectrum Realty, Inc. (a)	1,984		3,789
AV Homes, Inc. (a)	12,051		181,006
CBRE Group, Inc. (a)	275,685		6,663,306
Consolidated-Tomoka Land Co. (d)	2,432		82,810
Forest City Enterprises, Inc. Class A (a)(d)	131,291		2,105,908
Forestar Group, Inc. (a)(d)	31,999		557,423
Howard Hughes Corp. (a)	24,658		1,893,488
Jones Lang LaSalle, Inc.	35,580		3,438,451
Kennedy-Wilson Holdings, Inc. (d)	35,815		575,547
Maui Land & Pineapple, Inc. (a)	31,310		125,866
Realogy Holdings Corp.	39,674		1,779,379
Tejon Ranch Co. (a)	11,342		332,321
The St. Joe Co. (a)(d)	111,664		2,490,107
Thomas Properties Group, Inc.	22,789		118,731
Transcontinental Realty Investors, Inc. (a)	20,697		106,797
Zillow, Inc. (a)(d)	16,135		693,160
ZipRealty, Inc. (a)	19,987		76,750
			22,748,642
Thrifts & Mortgage Finance - 0.3%
Astoria Financial Corp. (d)	69,632		681,001
Bank Mutual Corp.	56,001		320,326
BankFinancial Corp.	19,300		154,014
BBX Capital Corp. (a)(d)	18,261		147,549
Beneficial Mutual Bancorp, Inc. (a)	37,525		359,865
Berkshire Hills Bancorp, Inc.	17,169		417,207
BofI Holding, Inc. (a)(d)	11,427		384,747
Brookline Bancorp, Inc., Delaware	86,924		791,008
Camco Financial Corp. (a)	347		1,270
Cape Bancorp, Inc.	2,611		23,734
Capitol Federal Financial, Inc.	173,299		2,050,127
CFS Bancorp, Inc.	688		5,270
Charter Financial Corp., Georgia	1,200		14,772
Chicopee Bancorp, Inc.	1,816		28,584
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Thrifts & Mortgage Finance - continued
Clifton Savings Bancorp, Inc. (d)	15,589		$ 176,156
Dime Community Bancshares, Inc.	51,879		737,201
Doral Financial Corp. (a)	159,443		90,803
ESB Financial Corp.	7,915		108,673
ESSA Bancorp, Inc.	4,298		47,493
EverBank Financial Corp.	16,362		247,066
Farmer Mac Class C (non-vtg.)	8,894		300,173
First Defiance Financial Corp.	6,145		138,385
First Financial Holdings, Inc.	12,257		244,650
First Financial Northwest, Inc. (a)	2,197		17,422
First PacTrust Bancorp, Inc. (d)	4,303		44,192
Flagstar Bancorp, Inc. (a)(d)	37,206		505,630
Flushing Financial Corp.	47,044		743,295
Fox Chase Bancorp, Inc.	14,307		239,213
Franklin Financial Corp./VA	16,347		291,957
HF Financial Corp.	2,735		36,758
Hingham Institution for Savings	1,505		105,290
Home Federal Bancorp, Inc.	9,753		112,160
HomeStreet, Inc.	7,892		197,142
Hudson City Bancorp, Inc.	532,335		4,535,494
IF Bancorp, Inc. (a)	3,112		46,711
Impac Mortgage Holdings, Inc. (a)(d)	5,393		60,941
Kearny Financial Corp.	2,196		21,938
Madison County Financial, Inc. (a)	4,682		75,006
Meridian Interstate Bancorp, Inc. (a)	750		13,568
MGIC Investment Corp. (a)(d)	156,364		465,965
NASB Financial, Inc. (a)	1,203		26,719
Nationstar Mortgage Holdings, Inc. (d)	18,397		708,836
New York Community Bancorp, Inc.	408,522		5,515,047
Northfield Bancorp, Inc.	13,855		157,670
Northwest Bancshares, Inc.	92,094		1,150,254
OceanFirst Financial Corp.	5,851		81,563
Ocwen Financial Corp. (a)	108,754		4,287,083
Oritani Financial Corp.	26,763		393,684
People's United Financial, Inc.	329,770		4,319,987
Peoples Federal Bancshares, Inc.	1,156		20,669
Poage Bankshares, Inc.	2,365		33,228
Provident Financial Holdings, Inc.	3,066		52,429
Provident Financial Services, Inc.	56,391		845,301
Provident New York Bancorp	44,223		397,123
PVF Capital Corp. (a)	11,916		44,447
Radian Group, Inc. (d)	110,991		977,831
Riverview Bancorp, Inc. (a)	6,875		15,263
Rockville Financial, Inc.	5,182		66,641
Security National Financial Corp. Class A	9,669		74,548
Simplicity Bancorp, Inc.	10,338		157,551
Territorial Bancorp, Inc.	13,244		308,850
TFS Financial Corp. (a)	149,374		1,569,921
Timberland Bancorp, Inc.	5,034		41,581
Tree.com, Inc.	3,275		57,083

	Shares		Value
Trustco Bank Corp., New York	73,043		$ 380,554
United Community Financial Corp., Ohio (a)	11,112		37,336
United Financial Bancorp, Inc.	9,158		136,912
ViewPoint Financial Group (d)	25,777		537,450
Walker & Dunlop, Inc. (a)	10,954		232,225
Washington Federal, Inc.	99,759		1,750,770
Westfield Financial, Inc.	28,907		225,186
WSFS Financial Corp.	10,396		493,810
			40,080,308
TOTAL FINANCIALS			2,687,885,279
HEALTH CARE - 11.8%
Biotechnology - 2.0%
Aastrom Biosciences, Inc. (a)	78,454		95,714
ACADIA Pharmaceuticals, Inc. (a)(d)	51,353		311,713
Achillion Pharmaceuticals, Inc. (a)(d)	52,411		424,529
Acorda Therapeutics, Inc. (a)	35,775		1,064,306
ADVENTRX Pharmaceuticals, Inc. (a)(d)	29,390		22,336
Aegerion Pharmaceuticals, Inc. (a)(d)	17,880		538,546
Affymax, Inc. (a)(d)	50,245		133,652
Agenus, Inc. (a)(d)	7,526		32,211
Alexion Pharmaceuticals, Inc. (a)	182,104		15,795,701
Alkermes PLC (a)(d)	133,044		2,888,385
Allos Therapeutics, Inc. rights	74,291		1
Alnylam Pharmaceuticals, Inc. (a)	51,923		1,230,056
AMAG Pharmaceuticals, Inc. (a)(d)	31,420		520,001
Amgen, Inc.	719,672		65,785,218
Amicus Therapeutics, Inc. (a)(d)	25,384		68,029
Anacor Pharmaceuticals, Inc. (a)(d)	15,721		54,709
Anthera Pharmaceuticals, Inc. (a)(d)	45,190		27,566
Arena Pharmaceuticals, Inc. (a)(d)	201,800		1,693,102
ARIAD Pharmaceuticals, Inc. (a)(d)	169,376		3,561,977
ArQule, Inc. (a)(d)	65,290		160,613
Array Biopharma, Inc. (a)	101,050		393,085
Arrowhead Research Corp. (a)	3,000		6,450
Astex Pharmaceuticals, Inc. (a)	71,219		232,174
Athersys, Inc. (a)(d)	40,391		61,394
AVEO Pharmaceuticals, Inc. (a)	43,200		288,144
BioCryst Pharmaceuticals, Inc. (a)(d)	40,934		49,121
Biogen Idec, Inc. (a)	221,141		36,784,594
BioMarin Pharmaceutical, Inc. (a)(d)	116,539		6,755,766
BioMimetic Therapeutics, Inc. (a)	29,891		283,666
Biospecifics Technologies Corp. (a)(d)	1,441		22,624
Biota Pharmaceuticals, Inc.	5,848		23,334
BioTime, Inc. (a)(d)	32,076		135,040
Cardium Therapeutics, Inc. (a)(d)	185,107		31,116
Catalyst Pharmaceutical Partners, Inc. (a)(d)	25,961		11,638
Cel-Sci Corp. (a)(d)	283,400		75,044
Celgene Corp. (a)	397,861		41,051,298
Cell Therapeutics, Inc. (a)	40,400		54,136
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
Celldex Therapeutics, Inc. (a)(d)	77,285		$ 735,753
Celsion Corp. (a)(d)	34,856		33,810
Cepheid, Inc. (a)(d)	63,653		2,318,879
Chelsea Therapeutics International Ltd. (a)	75,408		119,145
ChemoCentryx, Inc. (d)	4,508		60,813
Cleveland Biolabs, Inc. (a)(d)	35,489		55,008
Clovis Oncology, Inc. (a)(d)	12,909		243,464
Codexis, Inc. (a)	21,294		44,079
Coronado Biosciences, Inc. (a)(d)	10,731		78,551
Cubist Pharmaceuticals, Inc. (a)	68,221		2,894,617
Cubist Pharmaceuticals, Inc. rights (a)	32,062		0
Curis, Inc. (a)	51,867		139,522
Cyclacel Pharmaceuticals, Inc. (a)(d)	11,529		63,755
Cytokinetics, Inc. (d)	74,661		74,512
Cytori Therapeutics, Inc. (a)(d)	69,588		177,449
CytRx Corp. (a)(d)	25,756		54,088
DARA BioSciences, Inc. (a)(d)	8,510		8,595
Dendreon Corp. (a)(d)	131,169		759,469
Discovery Laboratories, Inc. (a)	38,893		95,677
Durata Therapeutics, Inc. (d)	7,156		61,184
Dyax Corp. (a)(d)	62,562		200,824
Dynavax Technologies Corp. (a)(d)	164,055		334,672
Emergent BioSolutions, Inc. (a)	18,513		286,766
EntreMed, Inc. (a)	289		853
Enzon Pharmaceuticals, Inc. (d)	43,430		183,709
Exact Sciences Corp. (a)(d)	55,499		592,729
Exelixis, Inc. (a)(d)	160,939		733,882
Galena Biopharma, Inc. (a)(d)	57,499		109,823
Genomic Health, Inc. (a)(d)	14,126		404,710
GenVec, Inc. (a)	8,140		13,594
Geron Corp. (a)(d)	128,101		187,027
Gilead Sciences, Inc. (a)	1,419,039		60,607,156
GTx, Inc. (a)(d)	19,627		89,303
Halozyme Therapeutics, Inc. (a)(d)	76,082		415,408
Hemispherx Biopharma, Inc. (a)	130,774		28,770
Hyperion Therapeutics, Inc.	5,781		105,445
iBio, Inc. (a)(d)	40,361		25,629
Idenix Pharmaceuticals, Inc. (a)(d)	86,105		362,502
Idera Pharmaceuticals, Inc. (a)	7,737		5,571
ImmunoCellular Therapeutics Ltd. (a)(d)	41,923		106,484
ImmunoGen, Inc. (a)(d)	69,033		1,047,231
Immunomedics, Inc. (a)(d)	54,782		125,999
Incyte Corp. (a)(d)	120,183		2,668,063
Infinity Pharmaceuticals, Inc. (a)(d)	35,540		1,467,447
Inovio Pharmaceuticals, Inc. (a)(d)	88,089		60,781
Insmed, Inc. (a)(d)	12,114		74,622
Intercept Pharmaceuticals, Inc.	4,951		193,188
InterMune, Inc. (a)	73,941		655,857
Ironwood Pharmaceuticals, Inc. Class A (a)(d)	75,886		1,132,978

	Shares		Value
Isis Pharmaceuticals, Inc. (a)(d)	87,255		$ 1,282,649
IsoRay, Inc. (a)	31,040		16,420
Keryx Biopharmaceuticals, Inc. (a)(d)	66,082		424,907
KYTHERA Biopharmaceuticals, Inc.	4,269		111,250
Lexicon Pharmaceuticals, Inc. (a)(d)	482,347		950,224
Ligand Pharmaceuticals, Inc. Class B (a)	16,755		344,148
Lpath, Inc. (a)	7,871		33,373
MannKind Corp. (a)(d)	137,962		353,183
Maxygen, Inc.	47,150		115,046
Medgenics, Inc. (a)	4,479		22,395
Medivation, Inc. (a)(d)	72,462		3,560,783
Merrimack Pharmaceuticals, Inc.	9,271		59,334
Metabolix, Inc. (a)(d)	41,636		101,175
Momenta Pharmaceuticals, Inc. (a)(d)	43,036		548,279
Myriad Genetics, Inc. (a)	72,302		1,837,917
Nanosphere, Inc. (a)(d)	36,229		70,647
Neuralstem, Inc. (a)(d)	54,208		57,460
Neurocrine Biosciences, Inc. (a)	50,654		535,919
NewLink Genetics Corp. (a)(d)	12,482		146,913
Novavax, Inc. (a)	79,584		144,843
NPS Pharmaceuticals, Inc. (a)	67,196		536,224
OncoGenex Pharmaceuticals, Inc. (a)	10,565		125,618
Oncothyreon, Inc. (a)(d)	43,661		90,378
Onyx Pharmaceuticals, Inc. (a)(d)	66,929		5,040,423
Opexa Therapeutics, Inc. (a)(d)	5,726		10,994
Opko Health, Inc. (a)(d)	116,016		805,151
Orexigen Therapeutics, Inc. (a)	56,897		339,106
Osiris Therapeutics, Inc. (a)(d)	18,170		119,559
OXiGENE, Inc. (a)	561		2,311
Oxygen Biotherapeutics, Inc. (a)(d)	27,463		7,690
Palatin Technologies, Inc. (a)	9,275		5,657
PDL BioPharma, Inc. (d)	108,271		773,055
Peregrine Pharmaceuticals, Inc. (a)(d)	84,902		110,373
Pharmacyclics, Inc. (a)(d)	52,344		4,594,756
PharmAthene, Inc. (a)(d)	51,372		66,784
Progenics Pharmaceuticals, Inc. (a)	25,311		66,821
Puma Biotechnology, Inc. (d)	7,873		202,415
Raptor Pharmaceutical Corp. (a)(d)	28,926		143,762
Regeneron Pharmaceuticals, Inc. (a)(d)	70,954		11,849,318
Regulus Therapeutics, Inc. (d)	11,075		57,036
Repligen Corp. (a)(d)	22,058		137,421
Rexahn Pharmaceuticals, Inc. (a)(d)	45,000		13,950
Rigel Pharmaceuticals, Inc. (a)(d)	75,480		507,226
Sangamo Biosciences, Inc. (a)(d)	44,798		456,492
Sarepta Therapeutics, Inc. (a)(d)	28,140		823,658
Savient Pharmaceuticals, Inc. (a)(d)	88,045		82,762
Seattle Genetics, Inc. (a)(d)	102,878		2,894,987
SIGA Technologies, Inc. (a)(d)	72,968		312,303
Spectrum Pharmaceuticals, Inc. (d)	41,659		474,913
StemCells, Inc. (a)(d)	19,840		33,926
Sunesis Pharmaceuticals, Inc. (a)(d)	32,643		170,396
Synageva BioPharma Corp. (a)(d)	8,009		400,210
Synergy Pharmaceuticals, Inc. (a)(d)	58,693		321,051
Synta Pharmaceuticals Corp. (a)	35,423		304,284
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
Synthetic Biologics, Inc. (a)(d)	46,314		$ 79,660
Targacept, Inc. (a)(d)	18,977		82,170
Telik, Inc. (a)	380		616
Theravance, Inc. (a)(d)	59,496		1,207,174
Threshold Pharmaceuticals, Inc. (a)(d)	37,822		175,116
Tranzyme, Inc. (a)	10,681		5,652
Trius Therapeutics, Inc. (a)(d)	26,469		138,962
Trovagene, Inc. (a)(d)	4,592		28,241
United Therapeutics Corp. (a)(d)	48,248		2,885,713
Vanda Pharmaceuticals, Inc. (a)	44,094		165,793
Verastem, Inc. (a)	2,425		22,844
Vertex Pharmaceuticals, Inc. (a)(d)	205,323		9,613,223
Vical, Inc. (a)(d)	65,666		210,131
XOMA Corp. (a)(d)	72,501		196,478
Zalicus, Inc. (a)(d)	104,856		68,366
ZIOPHARM Oncology, Inc. (a)(d)	79,220		350,945
			318,735,341
Health Care Equipment & Supplies - 2.2%
Abaxis, Inc. (d)	23,291		988,004
Abbott Laboratories	1,474,067		49,808,724
Abiomed, Inc. (a)(d)	36,354		583,118
Accuray, Inc. (a)(d)	37,835		161,555
Alere, Inc. (a)	62,700		1,427,052
Align Technology, Inc. (a)(d)	70,000		2,200,800
Alphatec Holdings, Inc. (a)	36,801		59,986
Analogic Corp. (d)	12,756		946,368
Angiodynamics, Inc. (a)(d)	26,377		326,811
Anika Therapeutics, Inc. (a)	9,287		115,623
Antares Pharma, Inc. (a)(d)	97,369		334,949
ArthroCare Corp. (a)	20,678		722,076
Atossa Genetics, Inc.	789		5,050
Atricure, Inc. (a)	12,717		112,927
Atrion Corp.	1,172		229,993
Bacterin International Holdings, Inc. (a)(d)	9,747		8,821
Baxter International, Inc.	518,087		35,022,681
Becton, Dickinson & Co.	183,162		16,129,246
BioLase Technology, Inc. (d)	30,401		109,748
Boston Scientific Corp. (a)	1,371,433		10,134,890
BSD Medical Corp. (a)(d)	46,363		61,199
C.R. Bard, Inc.	78,513		7,761,010
Cantel Medical Corp.	32,623		1,015,554
Cardica, Inc. (a)	23,778		27,582
Cardiovascular Systems, Inc. (a)(d)	12,870		203,475
CareFusion Corp. (a)	200,931		6,578,481
Cerus Corp. (a)(d)	50,032		164,605
Conceptus, Inc. (a)(d)	26,951		601,816
CONMED Corp.	19,521		607,298
Covidien PLC	443,714		28,206,899
Cryolife, Inc.	20,961		128,491
Cutera, Inc. (a)	15,449		199,292

	Shares		Value
Cyberonics, Inc. (a)(d)	26,017		$ 1,190,278
Cynosure, Inc. Class A (a)	12,701		359,819
Delcath Systems, Inc. (a)(d)	119,898		185,842
DENTSPLY International, Inc.	147,347		6,103,113
Derma Sciences, Inc. (a)(d)	7,901		97,419
DexCom, Inc. (a)(d)	65,323		975,272
DynaVox, Inc. Class A (a)	5,368		2,460
Edwards Lifesciences Corp. (a)(d)	106,727		9,171,051
Endologix, Inc. (a)(d)	46,783		704,552
EnteroMedics, Inc. (a)	21,626		18,153
ERBA Diagnostics, Inc. (a)	3,094		2,321
Exactech, Inc. (a)	3,102		57,108
Fonar Corp. (a)	719		3,875
Genmark Diagnostics, Inc. (a)(d)	17,233		179,740
Globus Medical, Inc. (d)	7,896		114,097
Greatbatch, Inc. (a)	22,320		604,202
Haemonetics Corp. (a)(d)	43,426		1,791,323
Hansen Medical, Inc. (a)(d)	48,696		104,209
Hill-Rom Holdings, Inc.	51,670		1,693,743
Hologic, Inc. (a)(d)	247,079		5,393,735
ICU Medical, Inc. (a)(d)	17,344		984,445
IDEXX Laboratories, Inc. (a)(d)	50,000		4,606,000
Insulet Corp. (a)(d)	55,000		1,241,350
Integra LifeSciences Holdings Corp. (a)(d)	14,197		578,386
Intuitive Surgical, Inc. (a)	37,346		19,042,352
Invacare Corp.	28,414		412,287
Kewaunee Scientific Corp.	1,376		17,998
LeMaitre Vascular, Inc.	3,845		23,455
Mako Surgical Corp. (a)(d)	32,106		410,636
Masimo Corp. (d)	62,689		1,244,377
Medical Action Industries, Inc. (a)	12,909		76,421
Medtronic, Inc.	949,634		42,695,545
MELA Sciences, Inc. (a)(d)	40,114		59,770
Meridian Bioscience, Inc. (d)	35,455		751,646
Merit Medical Systems, Inc. (a)	29,543		352,153
Misonix, Inc. (a)	2,579		14,700
Natus Medical, Inc. (a)	24,629		312,788
Navidea Biopharmaceuticals, Inc. (a)(d)	114,446		351,349
Neogen Corp. (a)	25,237		1,181,596
NuVasive, Inc. (a)(d)	44,714		830,339
NxStage Medical, Inc. (a)(d)	42,830		480,553
OraSure Technologies, Inc. (a)(d)	46,551		258,824
Orthofix International NV (a)	16,427		612,070
Palomar Medical Technologies, Inc. (a)	15,820		174,653
PhotoMedex, Inc. (a)(d)	6,551		96,627
Quidel Corp. (a)(d)	35,813		847,694
ResMed, Inc. (d)	155,104		6,900,577
Retractable Technologies, Inc. (a)	5,248		5,169
Rochester Medical Corp. (a)	2,100		30,996
Rockwell Medical Technologies, Inc. (a)(d)	7,369		32,497
RTI Biologics, Inc. (a)	29,474		106,991
Sirona Dental Systems, Inc. (a)	48,806		3,466,202
Solta Medical, Inc. (a)	40,698		92,791
St. Jude Medical, Inc. (d)	284,901		11,680,941
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Staar Surgical Co. (a)	15,788		$ 85,097
Stereotaxis, Inc. (a)(d)	2,453		5,348
Steris Corp. (d)	82,536		3,218,904
Stryker Corp.	269,553		17,219,046
SurModics, Inc. (a)	19,525		495,154
Symmetry Medical, Inc. (a)	29,367		306,298
Synergetics USA, Inc. (a)	3,622		19,269
Teleflex, Inc.	35,045		2,802,198
The Cooper Companies, Inc.	42,920		4,552,095
The Spectranetics Corp. (a)(d)	29,169		529,417
Theragenics Corp. (a)	22,546		36,750
ThermoGenesis Corp. (a)(d)	15,844		14,260
Thoratec Corp. (a)	57,172		2,013,026
TranS1, Inc. (a)	5,200		11,388
Unilife Corp. (a)(d)	50,575		126,943
Urologix, Inc. (a)	3,267		2,189
Uroplasty, Inc. (a)	1,597		3,897
Varian Medical Systems, Inc. (a)(d)	101,219		7,149,098
Vascular Solutions, Inc. (a)	2,125		32,258
Vermillion, Inc. (a)	5,249		6,404
Volcano Corp. (a)(d)	46,394		1,003,966
West Pharmaceutical Services, Inc.	28,551		1,725,051
Wright Medical Group, Inc. (a)(d)	29,686		690,199
Zeltiq Aesthetics, Inc. (a)(d)	6,038		24,333
Zimmer Holdings, Inc.	161,495		12,105,665
			347,888,867
Health Care Providers & Services - 2.0%
Acadia Healthcare Co., Inc. (a)(d)	30,637		833,939
Accretive Health, Inc. (a)(d)	42,994		411,883
Aetna, Inc.	311,680		14,708,179
Air Methods Corp. (d)	37,158		1,664,307
Alliance Healthcare Services, Inc. (a)	17,141		120,673
Almost Family, Inc.	9,932		204,500
Amedisys, Inc. (a)(d)	20,047		226,531
AmerisourceBergen Corp.	235,018		11,092,850
AMN Healthcare Services, Inc. (a)(d)	76,320		1,076,112
AmSurg Corp. (a)	25,500		770,100
Assisted Living Concepts, Inc. Class A	16,849		199,492
Bio-Reference Laboratories, Inc. (a)(d)	31,917		845,162
BioScrip, Inc. (a)	41,738		457,031
Brookdale Senior Living, Inc. (a)	93,728		2,594,391
Capital Senior Living Corp. (a)	26,619		612,237
Cardinal Health, Inc.	310,473		14,346,957
CardioNet, Inc. (a)	34,161		85,061
Centene Corp. (a)	49,035		2,207,556
Chemed Corp.	14,268		1,101,347
Chindex International, Inc. (a)(d)	9,187		100,598
CIGNA Corp.	263,345		15,395,149
Community Health Systems, Inc.	114,654		4,845,278
Corvel Corp. (a)	8,848		425,058

	Shares		Value
Coventry Health Care, Inc.	124,996		$ 5,669,819
Cross Country Healthcare, Inc. (a)	40,427		230,434
DaVita, Inc. (a)	77,571		9,279,043
Emeritus Corp. (a)	31,438		895,669
ExamWorks Group, Inc. (a)(d)	20,990		297,218
Express Scripts Holding Co. (a)	763,329		43,441,053
Five Star Quality Care, Inc. (a)(d)	32,241		204,408
Gentiva Health Services, Inc. (a)	24,132		253,869
Hanger, Inc. (a)	27,160		805,566
HCA Holdings, Inc.	227,570		8,440,571
Health Management Associates, Inc. Class A (a)(d)	222,836		2,448,968
Health Net, Inc. (a)	71,306		1,835,416
HealthSouth Corp. (a)(d)	85,304		2,057,532
Healthways, Inc. (a)	33,821		434,600
Henry Schein, Inc. (a)(d)	78,240		6,980,573
HMS Holdings Corp. (a)(d)	81,690		2,368,193
Hooper Holmes, Inc. (a)	6,267		3,127
Humana, Inc.	145,992		9,965,414
IPC The Hospitalist Co., Inc. (a)(d)	20,567		857,644
Kindred Healthcare, Inc. (a)(d)	37,371		421,171
Laboratory Corp. of America Holdings (a)	96,901		8,585,429
Landauer, Inc.	14,935		876,834
LCA-Vision, Inc. (a)	27,238		78,718
LHC Group, Inc. (a)	12,810		260,299
LifePoint Hospitals, Inc. (a)	49,772		2,194,447
Magellan Health Services, Inc. (a)	25,186		1,298,590
McKesson Corp.	217,757		23,110,550
MEDNAX, Inc. (a)(d)	44,058		3,772,246
Molina Healthcare, Inc. (a)	24,412		778,987
MWI Veterinary Supply, Inc. (a)	13,354		1,686,076
National Healthcare Corp.	6,159		285,593
National Research Corp.	320		18,202
NeoStem, Inc. (a)(d)	112,699		68,239
Omnicare, Inc.	104,008		3,875,338
Owens & Minor, Inc. (d)	59,970		1,826,087
Patterson Companies, Inc.	78,096		2,838,009
PDI, Inc. (a)(d)	1,365		9,965
PharMerica Corp. (a)(d)	29,176		418,092
Providence Service Corp. (a)	13,245		226,225
Quest Diagnostics, Inc.	146,597		8,234,353
RadNet, Inc. (a)(d)	27,076		76,625
Select Medical Holdings Corp.	37,877		349,983
Sharps Compliance Corp. (a)	5,184		15,137
Skilled Healthcare Group, Inc. (a)(d)	27,157		158,054
Team Health Holdings, Inc. (a)	31,431		1,052,624
Tenet Healthcare Corp. (a)	99,732		3,920,465
The Ensign Group, Inc.	8,656		271,106
Triple-S Management Corp. (a)	20,220		363,151
U.S. Physical Therapy, Inc.	11,240		276,729
UnitedHealth Group, Inc.	956,152		51,106,324
Universal American Spin Corp. (d)	33,569		279,965
Universal Health Services, Inc. Class B	83,733		4,847,303
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Providers & Services - continued
Vanguard Health Systems, Inc. (a)	30,455		$ 452,866
VCA Antech, Inc. (a)(d)	74,767		1,641,883
Wellcare Health Plans, Inc. (a)	41,317		2,362,919
WellPoint, Inc.	291,689		18,137,222
			316,969,314
Health Care Technology - 0.1%
Allscripts Healthcare Solutions, Inc. (a)	157,560		2,004,163
athenahealth, Inc. (a)(d)	32,907		3,086,348
Authentidate Holding Corp. (a)	816		561
Cerner Corp. (a)(d)	135,411		11,843,046
CollabRx, Inc. (a)	87		297
Computer Programs & Systems, Inc. (d)	21,937		1,143,795
Epocrates, Inc. (a)	10,933		128,463
Greenway Medical Technologies (d)	5,301		84,021
HealthStream, Inc. (a)(d)	34,016		727,602
MedAssets, Inc. (a)	39,701		733,277
Medidata Solutions, Inc. (a)	26,465		1,379,356
Merge Healthcare, Inc. (a)(d)	37,852		92,737
Omnicell, Inc. (a)	25,141		453,041
Quality Systems, Inc.	52,869		979,134
Vocera Communications, Inc. (d)	5,171		136,359
			22,792,200
Life Sciences Tools & Services - 0.6%
Accelerate Diagnostics, Inc. (a)	8,536		44,814
Affymetrix, Inc. (a)(d)	55,779		227,021
Agilent Technologies, Inc.	320,533		13,295,709
Albany Molecular Research, Inc. (a)	23,897		193,088
Apricus Biosciences, Inc. (a)(d)	18,211		48,623
BG Medicine, Inc. (a)	3,134		5,390
Bio-Rad Laboratories, Inc. Class A (a)	19,230		2,369,136
Bruker BioSciences Corp. (a)	80,763		1,416,583
Cambrex Corp. (a)	18,522		213,188
Charles River Laboratories International, Inc. (a)	42,610		1,735,931
Complete Genomics, Inc. (a)	13,147		41,150
Covance, Inc. (a)(d)	51,822		3,450,827
Enzo Biochem, Inc. (a)	14,697		44,091
Fluidigm Corp. (a)(d)	18,074		311,957
Furiex Pharmaceuticals, Inc. (a)	9,211		341,360
Harvard Bioscience, Inc. (a)	675		3,881
Illumina, Inc. (a)(d)	126,010		6,316,881
Life Technologies Corp. (a)	158,332		9,203,839
Luminex Corp. (a)(d)	39,871		673,022
Mettler-Toledo International, Inc. (a)(d)	30,026		6,389,533
Pacific Biosciences of California, Inc. (a)	28,978		66,649
PAREXEL International Corp. (a)(d)	52,568		1,823,584
PerkinElmer, Inc.	100,729		3,441,910
pSivida Corp. (a)	25,265		54,320
Sequenom, Inc. (a)(d)	91,772		377,183
Strategic Diagnostics, Inc. (a)	2,665		2,825

	Shares		Value
Techne Corp.	35,747		$ 2,430,439
Thermo Fisher Scientific, Inc.	337,779		24,928,090
Waters Corp. (a)	81,803		7,584,774
			87,035,798
Pharmaceuticals - 4.9%
AbbVie, Inc.	1,484,571		54,810,361
Actavis, Inc. (a)	117,843		10,035,510
Acura Pharmaceuticals, Inc. (a)(d)	2,885		5,943
Akorn, Inc. (a)(d)	58,979		813,910
Alexza Pharmaceuticals, Inc. (a)(d)	13,886		61,515
Alimera Sciences, Inc. (a)	3,741		11,223
Allergan, Inc.	290,720		31,519,862
Ampio Pharmaceuticals, Inc. (a)(d)	26,020		100,958
Auxilium Pharmaceuticals, Inc. (a)(d)	37,784		644,217
AVANIR Pharmaceuticals Class A (a)(d)	100,270		273,737
Biodel, Inc. (a)(d)	8,109		22,138
Biodelivery Sciences International, Inc. (a)	15,298		57,673
BioSante Pharmaceuticals, Inc. (a)(d)	21,445		28,093
Bristol-Myers Squibb Co.	1,544,466		57,098,908
Cadence Pharmaceuticals, Inc. (a)(d)	43,831		214,772
Cempra, Inc.	9,089		59,260
Columbia Laboratories, Inc. (a)(d)	42,578		26,279
Corcept Therapeutics, Inc. (a)(d)	36,105		58,851
Cornerstone Therapeutics, Inc. (a)	11,437		76,285
Cumberland Pharmaceuticals, Inc. (a)(d)	7,158		31,352
DepoMed, Inc. (a)(d)	31,971		206,852
Durect Corp. (a)	121,504		136,084
Echo Therapeutics, Inc. (a)(d)	20,093		15,070
Eli Lilly & Co.	956,322		52,272,561
Endo Health Solutions, Inc. (a)	113,364		3,514,284
Endocyte, Inc. (a)(d)	47,373		457,149
Forest Laboratories, Inc. (a)	228,644		8,414,099
Hi-Tech Pharmacal Co., Inc. (d)	12,868		476,245
Horizon Pharma, Inc. (d)	37,555		79,241
Hospira, Inc. (a)	171,244		5,039,711
Impax Laboratories, Inc. (a)	57,998		1,150,100
Jazz Pharmaceuticals PLC (a)(d)	45,062		2,621,707
Johnson & Johnson	2,593,486		197,390,219
Lannett Co., Inc. (a)	27,670		228,554
MAP Pharmaceuticals, Inc. (a)(d)	25,044		626,100
Merck & Co., Inc.	2,849,519		121,759,947
Mylan, Inc. (a)	369,805		10,949,926
Nektar Therapeutics (a)(d)	110,915		1,028,182
NuPathe, Inc. (a)(d)	18,258		59,704
Obagi Medical Products, Inc. (a)	21,864		294,727
Omeros Corp. (a)(d)	20,009		108,649
Optimer Pharmaceuticals, Inc. (a)(d)	39,316		476,510
Pacira Pharmaceuticals, Inc. (a)(d)	42,514		929,356
Pain Therapeutics, Inc.	34,536		101,190
Pernix Therapeutics Holdings, Inc. (a)(d)	5,833		34,765
Perrigo Co.	81,693		9,245,197
Pfizer, Inc.	6,900,227		188,859,213
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Pharmaceuticals - continued
Pozen, Inc. (a)(d)	23,223		$ 143,750
Questcor Pharmaceuticals, Inc. (d)	59,227		1,930,800
Repros Therapeutics, Inc. (a)(d)	14,128		166,004
Sagent Pharmaceuticals, Inc. (a)(d)	10,801		177,136
Salix Pharmaceuticals Ltd. (a)	48,250		2,357,013
Santarus, Inc. (a)(d)	38,184		506,702
SciClone Pharmaceuticals, Inc. (a)(d)	46,113		219,498
Somaxon Pharmaceuticals, Inc. (a)(d)	6,532		18,551
Sucampo Pharmaceuticals, Inc. Class A (a)	10,506		53,686
Supernus Pharmaceuticals, Inc. (a)(d)	9,151		70,097
The Medicines Company (a)	52,840		1,680,840
Transcept Pharmaceuticals, Inc. (a)	2,494		14,465
Ventrus Biosciences, Inc. (a)(d)	6,995		21,405
ViroPharma, Inc. (a)(d)	60,392		1,506,176
VIVUS, Inc. (a)(d)	111,051		1,190,467
Warner Chilcott PLC (d)	165,178		2,231,555
XenoPort, Inc. (a)(d)	57,569		439,827
Zoetis, Inc. Class A	82,000		2,742,900
Zogenix, Inc. (a)(d)	43,460		81,270
			777,978,331
TOTAL HEALTH CARE			1,871,399,851
INDUSTRIALS - 11.1%
Aerospace & Defense - 2.1%
AAR Corp.	45,448		798,521
AeroVironment, Inc. (a)(d)	13,243		292,935
Alliant Techsystems, Inc.	27,998		1,842,268
American Science & Engineering, Inc.	13,204		825,778
API Technologies Corp. (a)(d)	22,349		58,554
Ascent Solar Technologies, Inc. (a)(d)	33,082		21,503
Astronics Corp. (a)	6,636		182,822
Astrotech Corp. (a)	8,707		7,227
BE Aerospace, Inc. (a)	98,215		5,167,091
Breeze Industrial Products Corp. (a)	1,281		10,440
CPI Aerostructures, Inc. (a)	3,805		33,865
Cubic Corp.	13,440		560,986
Curtiss-Wright Corp.	45,438		1,577,153
DigitalGlobe, Inc. (a)	70,420		1,836,554
Ducommun, Inc. (a)	15,643		242,467
EDAC Technologies Corp. (a)(d)	4,274		65,392
Engility Holdings, Inc. (a)(d)	14,341		270,615
Esterline Technologies Corp. (a)	30,025		2,069,623
Exelis, Inc.	193,690		1,998,881
GenCorp, Inc. (non-vtg.) (a)(d)	89,447		1,077,836
General Dynamics Corp.	313,129		21,283,378
HEICO Corp. Class A	36,331		1,209,822
Hexcel Corp. (a)	86,216		2,349,386

	Shares		Value
Honeywell International, Inc.	732,334		$ 51,336,613
Huntington Ingalls Industries, Inc.	51,071		2,453,451
Innovative Solutions & Support, Inc.	21,878		100,201
KEYW Holding Corp. (a)(d)	21,302		308,879
Kratos Defense & Security Solutions, Inc. (a)(d)	44,930		190,054
L-3 Communications Holdings, Inc.	86,081		6,565,398
LMI Aerospace, Inc. (a)	6,877		152,326
Lockheed Martin Corp.	249,444		21,951,072
Moog, Inc. Class A (a)(d)	37,679		1,694,048
National Presto Industries, Inc. (d)	4,216		320,374
Northrop Grumman Corp.	225,796		14,830,281
Orbital Sciences Corp. (a)	40,989		605,817
Precision Castparts Corp.	137,053		25,572,719
Raytheon Co.	310,361		16,936,400
Rockwell Collins, Inc. (d)	124,488		7,482,974
SIFCO Industries, Inc.	891		14,292
Sparton Corp. (a)	3,920		56,213
Spirit AeroSystems Holdings, Inc. Class A (a)	98,651		1,717,514
Sypris Solutions, Inc.	16,848		69,751
Taser International, Inc. (a)	58,908		438,865
Teledyne Technologies, Inc. (a)	29,878		2,198,423
Textron, Inc.	260,495		7,515,281
The Boeing Co.	634,274		48,775,671
TransDigm Group, Inc.	48,745		6,938,363
Triumph Group, Inc.	48,645		3,571,029
United Technologies Corp.	787,352		71,294,724
			336,873,830
Air Freight & Logistics - 0.7%
Air Transport Services Group, Inc. (a)(d)	108,399		598,362
Atlas Air Worldwide Holdings, Inc. (a)	36,312		1,713,563
C.H. Robinson Worldwide, Inc.	150,495		8,581,225
Echo Global Logistics, Inc. (a)	11,731		218,783
Expeditors International of Washington, Inc.	197,701		7,680,684
FedEx Corp.	272,333		28,712,068
Forward Air Corp.	28,163		1,062,308
Hub Group, Inc. Class A (a)(d)	34,129		1,287,687
Pacer International, Inc. (a)(d)	29,688		123,205
Park-Ohio Holdings Corp. (a)	3,535		71,902
Radiant Logistics, Inc. (a)(d)	14,104		30,465
United Parcel Service, Inc. Class B	666,512		55,087,217
UTI Worldwide, Inc.	92,577		1,409,948
XPO Logistics, Inc. (a)(d)	10,264		178,799
			106,756,216
Airlines - 0.2%
Alaska Air Group, Inc. (a)	59,510		3,067,741
Allegiant Travel Co.	24,598		1,974,973
Delta Air Lines, Inc. (a)	772,651		11,025,730
Hawaiian Holdings, Inc. (a)(d)	71,807		406,428
JetBlue Airways Corp. (a)(d)	168,034		1,018,286
Republic Airways Holdings, Inc. (a)	81,894		770,623
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Airlines - continued
SkyWest, Inc.	63,299		$ 886,186
Southwest Airlines Co.	643,054		7,523,732
Spirit Airlines, Inc. (a)	46,648		944,622
United Continental Holdings, Inc. (a)(d)	301,593		8,055,549
US Airways Group, Inc. (a)(d)	143,221		1,923,458
			37,597,328
Building Products - 0.2%
A.O. Smith Corp. (d)	36,923		2,641,102
AAON, Inc.	33,674		810,196
Ameresco, Inc. Class A (a)(d)	38,199		317,434
American Woodmark Corp. (a)	9,343		299,910
Apogee Enterprises, Inc.	33,247		857,440
Armstrong World Industries, Inc. (d)	15,342		784,436
Builders FirstSource, Inc. (a)(d)	54,285		328,424
Fortune Brands Home & Security, Inc. (a)	151,004		5,217,188
Gibraltar Industries, Inc. (a)	56,316		965,819
Griffon Corp.	38,833		437,648
Insteel Industries, Inc.	16,775		266,555
Lennox International, Inc.	38,428		2,269,942
Masco Corp.	332,269		6,399,501
NCI Building Systems, Inc. (a)	16,002		261,633
Nortek, Inc. (a)	12,474		897,380
Owens Corning (a)(d)	130,235		5,054,420
Patrick Industries, Inc. (a)(d)	7,747		102,725
Quanex Building Products Corp.	24,300		483,813
Simpson Manufacturing Co. Ltd. (d)	40,648		1,182,857
Trex Co., Inc. (a)(d)	11,686		552,047
Universal Forest Products, Inc. (d)	26,737		1,084,987
USG Corp. (a)(d)	77,759		2,194,359
			33,409,816
Commercial Services & Supplies - 0.8%
A.T. Cross Co. Class A (a)	3,868		47,228
ABM Industries, Inc.	41,566		943,548
ACCO Brands Corp. (d)	120,265		901,988
Acorn Energy, Inc. (d)	12,727		82,853
ADT Corp. (d)	214,104		10,253,441
ARC Document Solutions, Inc. (a)	46,203		103,957
Avery Dennison Corp.	106,008		4,330,427
Casella Waste Systems, Inc. Class A (a)(d)	64,851		303,503
CECO Environmental Corp.	2,290		24,732
Cenveo, Inc. (a)(d)	104,135		218,684
Cintas Corp.	89,845		3,944,196
Clean Harbors, Inc. (a)(d)	47,498		2,446,147
Consolidated Graphics, Inc. (a)(d)	14,819		572,013
Copart, Inc. (a)	124,595		4,253,673
Corrections Corp. of America	88,360		3,388,606
Courier Corp.	17,378		218,094
Covanta Holding Corp. (d)	125,817		2,460,981
Deluxe Corp. (d)	54,408		2,158,909

	Shares		Value
EnergySolutions, Inc. (a)	165,491		$ 615,627
EnerNOC, Inc. (a)(d)	25,460		419,835
Ennis, Inc.	21,290		333,401
Fuel Tech, Inc. (a)	51,934		230,068
G&K Services, Inc. Class A	16,380		682,555
Healthcare Services Group, Inc. (d)	52,919		1,275,348
Heritage-Crystal Clean, Inc. (a)(d)	7,679		113,265
Herman Miller, Inc.	49,763		1,194,312
HNI Corp. (d)	49,416		1,559,569
Hudson Technologies, Inc. (a)(d)	5,394		23,464
Industrial Services of America, Inc. (a)(d)	1,620		4,860
InnerWorkings, Inc. (a)(d)	28,532		421,418
Interface, Inc.	44,100		807,471
Intersections, Inc.	12,865		134,954
Iron Mountain, Inc.	183,385		6,326,783
KAR Auction Services, Inc.	83,381		1,769,345
Kimball International, Inc. Class B	16,142		148,668
Knoll, Inc.	32,235		548,640
McGrath RentCorp.	17,562		517,903
Metalico, Inc. (a)(d)	55,605		91,192
Mine Safety Appliances Co.	26,951		1,262,654
Mobile Mini, Inc. (a)(d)	36,488		982,257
Multi-Color Corp.	7,946		191,737
NL Industries, Inc.	6,707		85,850
Performant Financial Corp. (d)	11,395		150,984
Perma-Fix Environmental Services, Inc. (a)	34,689		31,567
Pitney Bowes, Inc. (d)	187,772		2,459,813
Quad/Graphics, Inc. (d)	22,071		480,044
R.R. Donnelley & Sons Co. (d)	150,758		1,573,914
Republic Services, Inc.	279,496		8,787,354
Rollins, Inc.	69,664		1,707,465
Schawk, Inc. Class A	4,209		45,289
Standard Parking Corp. (a)	5,698		118,262
Standard Register Co.	19,851		10,521
Steelcase, Inc. Class A	74,937		1,060,359
Stericycle, Inc. (a)	80,780		7,748,418
Swisher Hygiene, Inc. (Canada) (a)(d)	144,744		204,089
Team, Inc. (a)	18,138		795,533
Tetra Tech, Inc. (a)	56,334		1,625,799
The Brink's Co.	40,696		1,076,409
TMS International Corp. (a)	14,898		205,294
TRC Companies, Inc. (a)	13,255		85,362
Tyco International Ltd.	436,716		13,979,279
Unifirst Corp. Massachusetts	12,480		1,042,579
United Stationers, Inc.	31,409		1,137,006
US Ecology, Inc.	25,366		630,852
Viad Corp.	19,833		544,614
Virco Manufacturing Co. (a)	2,682		7,000
Waste Connections, Inc.	109,931		3,760,740
Waste Management, Inc.	396,275		14,788,983
			120,451,685
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Construction & Engineering - 0.3%
AECOM Technology Corp. (a)(d)	100,199		$ 3,037,032
Aegion Corp. (a)(d)	34,101		819,447
Argan, Inc.	7,465		124,889
Comfort Systems USA, Inc.	43,738		545,850
Dycom Industries, Inc. (a)	25,959		543,841
EMCOR Group, Inc.	58,224		2,245,700
Fluor Corp.	155,989		9,655,719
Foster Wheeler AG (a)	92,101		2,215,950
Furmanite Corp. (a)	35,767		213,529
Goldfield Corp. (d)	22,426		83,873
Granite Construction, Inc.	31,641		983,719
Great Lakes Dredge & Dock Corp.	39,072		380,952
Integrated Electrical Services, Inc. (a)	13,442		77,964
Jacobs Engineering Group, Inc. (a)	112,424		5,490,788
KBR, Inc.	139,890		4,251,257
Layne Christensen Co. (a)(d)	15,356		337,678
MasTec, Inc. (a)(d)	50,211		1,510,849
Michael Baker Corp.	6,265		151,864
MYR Group, Inc. (a)	25,270		586,517
Northwest Pipe Co. (a)	12,188		291,049
Orion Marine Group, Inc. (a)(d)	15,813		150,540
Pike Electric Corp.	14,023		195,481
Primoris Services Corp.	27,169		509,419
Quanta Services, Inc. (a)	201,419		5,720,300
Sterling Construction Co., Inc. (a)	31,847		359,871
Tutor Perini Corp. (a)	37,087		630,850
UniTek Global Services, Inc. (a)	18,062		63,578
URS Corp.	82,388		3,481,717
			44,660,223
Electrical Equipment - 0.8%
Active Power, Inc. (a)(d)	10,523		48,090
Acuity Brands, Inc. (d)	38,677		2,635,064
Allied Motion Technologies, Inc.	4,209		29,463
Altair Nanotechnologies, Inc. (a)(d)	10,605		21,846
American Superconductor Corp. (a)(d)	126,771		366,368
AMETEK, Inc.	227,538		9,517,915
AZZ, Inc.	24,628		1,099,886
Babcock & Wilcox Co.	118,199		3,193,737
Belden, Inc.	39,680		1,998,285
Brady Corp. Class A	43,963		1,496,940
Broadwind Energy, Inc. (a)	15,938		53,711
Capstone Turbine Corp. (a)(d)	814,128		789,704
Coleman Cable, Inc.	5,164		51,175
Eaton Corp. PLC	428,520		26,555,384
Emerson Electric Co.	674,974		38,271,026
Encore Wire Corp.	23,059		753,799
EnerSys (a)	39,836		1,628,496
Enphase Energy, Inc. (d)	8,807		43,419
Espey Manufacturing & Electronics Corp.	2,015		51,987
Franklin Electric Co., Inc. (d)	17,393		1,131,763
FuelCell Energy, Inc. (a)	246,058		260,821

	Shares		Value
Generac Holdings, Inc. (d)	30,944		$ 1,066,021
General Cable Corp. (a)(d)	39,737		1,308,937
Global Power Equipment Group, Inc.	10,454		175,418
GrafTech International Ltd. (a)(d)	132,891		982,064
Hubbell, Inc. Class B	49,454		4,594,771
II-VI, Inc. (a)(d)	46,725		809,744
LSI Industries, Inc.	24,011		165,436
MagneTek, Inc. (a)	2,664		33,300
Ocean Power Technologies, Inc. (a)(d)	11,040		21,749
Plug Power, Inc. (a)(d)	38,179		6,490
Polypore International, Inc. (a)(d)	41,032		1,570,705
Powell Industries, Inc. (a)	7,721		449,439
PowerSecure International, Inc. (a)	20,869		176,343
Preformed Line Products Co.	1,961		138,878
Regal-Beloit Corp.	40,174		3,104,647
Revolution Lighting Technologies, Inc. (a)	1,806		1,860
Rockwell Automation, Inc.	127,826		11,547,801
Roper Industries, Inc.	90,096		11,226,863
SL Industries, Inc.	3,648		69,093
SolarCity Corp. (d)	12,947		234,470
Thermon Group Holdings, Inc. (a)	10,097		206,989
Ultralife Corp. (a)	13,410		50,958
Vicor Corp. (a)	10,982		57,985
			127,998,840
Industrial Conglomerates - 2.1%
3M Co.	597,243		62,113,272
Carlisle Companies, Inc.	55,830		3,789,182
Danaher Corp.	547,005		33,695,508
General Electric Co.	9,822,809		228,085,625
Raven Industries, Inc. (d)	30,000		846,900
Seaboard Corp.	366		1,044,194
			329,574,681
Machinery - 2.3%
Accuride Corp. (a)(d)	79,004		319,966
Actuant Corp. Class A (d)	71,032		2,160,083
Adept Technology, Inc. (a)	2,954		8,803
AGCO Corp.	85,338		4,393,200
Alamo Group, Inc.	17,898		640,390
Albany International Corp. Class A	47,080		1,344,605
Altra Holdings, Inc.	19,022		489,626
American Railcar Industries, Inc.	11,797		514,821
Ampco-Pittsburgh Corp.	10,414		194,846
Astec Industries, Inc. (d)	12,338		439,356
Barnes Group, Inc.	47,337		1,259,638
Blount International, Inc. (a)	31,486		474,494
Briggs & Stratton Corp.	42,488		1,039,256
Cascade Corp.	13,797		886,457
Caterpillar, Inc.	608,193		56,178,787
Chart Industries, Inc. (a)(d)	27,582		2,001,350
CIRCOR International, Inc.	13,068		544,674
CLARCOR, Inc. (d)	46,115		2,351,404
Colfax Corp. (a)(d)	64,640		2,805,376
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Machinery - continued
Columbus McKinnon Corp. (NY Shares) (a)	26,972		$ 529,191
Commercial Vehicle Group, Inc. (a)	77,079		608,924
Crane Co.	41,480		2,230,794
Cummins, Inc.	162,557		18,835,480
Deere & Co.	362,253		31,816,681
Donaldson Co., Inc.	119,915		4,320,537
Douglas Dynamics, Inc.	29,195		415,153
Dover Corp.	166,240		12,193,704
Dynamic Materials Corp.	17,783		300,533
Eastern Co.	2,354		39,147
Energy Recovery, Inc. (a)(d)	81,715		402,038
EnPro Industries, Inc. (a)(d)	22,235		1,034,595
ESCO Technologies, Inc.	20,247		821,218
ExOne Co. (d)	5,200		141,388
Federal Signal Corp. (a)	80,990		631,722
Flow International Corp. (a)	66,905		248,218
Flowserve Corp.	44,479		7,138,880
FreightCar America, Inc.	19,411		408,213
Gardner Denver, Inc.	45,246		3,212,014
Gencor Industries, Inc. (a)	1,849		13,239
Gorman-Rupp Co. (d)	14,200		409,528
Graco, Inc.	51,140		2,971,234
Graham Corp.	12,124		282,368
Greenbrier Companies, Inc. (a)(d)	21,771		440,863
Hardinge, Inc.	12,474		163,160
Harsco Corp.	75,085		1,800,538
Hurco Companies, Inc. (a)	3,319		93,330
Hyster-Yale Materials Handling Class A	12,438		637,199
IDEX Corp.	74,036		3,770,653
Illinois Tool Works, Inc.	397,863		24,468,575
Ingersoll-Rand PLC	283,533		14,928,012
ITT Corp.	114,023		3,002,226
John Bean Technologies Corp.	23,559		434,192
Joy Global, Inc.	99,017		6,271,737
Kadant, Inc.	18,429		452,432
Kaydon Corp.	29,963		749,375
Kennametal, Inc. (d)	67,614		2,737,015
L.B. Foster Co. Class A	10,636		469,686
Lincoln Electric Holdings, Inc.	88,988		4,987,777
Lindsay Corp.	10,287		879,024
Lydall, Inc. (a)	9,770		147,136
Manitex International, Inc. (a)(d)	6,745		64,617
Manitowoc Co., Inc. (d)	113,567		2,103,261
Meritor, Inc. (a)	87,590		385,396
Met-Pro Corp.	10,211		100,680
Middleby Corp. (a)(d)	16,713		2,495,418
Miller Industries, Inc.	16,197		257,856
Mueller Industries, Inc.	25,011		1,330,085
Mueller Water Products, Inc. Class A	130,935		735,855
Navistar International Corp. (a)(d)	71,306		1,770,528

	Shares		Value
NN, Inc. (a)(d)	12,121		$ 104,968
Nordson Corp.	52,385		3,321,209
Omega Flex, Inc.	258		3,594
Oshkosh Truck Corp. (a)	84,157		3,245,094
PACCAR, Inc.	331,975		15,745,574
Pall Corp.	103,105		7,029,699
Parker Hannifin Corp.	138,351		13,071,402
Pentair Ltd.	196,121		10,447,366
PMFG, Inc. (a)(d)	15,367		104,035
Proto Labs, Inc.	7,469		347,234
RBC Bearings, Inc. (a)(d)	21,831		1,088,057
Rexnord Corp.	31,453		640,698
Sauer-Danfoss, Inc.	13,027		705,021
Snap-On, Inc.	55,924		4,489,019
SPX Corp.	46,613		3,752,813
Standex International Corp. (d)	10,804		581,471
Stanley Black & Decker, Inc.	155,097		12,206,134
Sun Hydraulics Corp.	19,343		539,476
Tecumseh Products Co. Class A (non-vtg.) (a)	29,489		267,170
Tennant Co.	13,999		653,333
Terex Corp. (a)(d)	97,076		3,185,064
Timken Co.	75,024		4,075,304
Titan International, Inc. (d)	42,501		897,196
Toro Co.	58,344		2,631,314
TriMas Corp. (a)(d)	46,817		1,343,180
Trinity Industries, Inc. (d)	70,615		3,053,393
Twin Disc, Inc. (d)	7,177		171,530
Valmont Industries, Inc.	23,843		3,756,465
Wabash National Corp. (a)(d)	74,589		711,579
WABCO Holdings, Inc. (a)	59,750		4,106,020
Wabtec Corp.	49,289		4,819,971
Watts Water Technologies, Inc. Class A	38,674		1,815,358
Woodward, Inc.	51,161		1,914,956
Xylem, Inc.	189,589		5,213,698
			358,766,952
Marine - 0.0%
Baltic Trading Ltd.	21,117		77,711
Eagle Bulk Shipping, Inc. (a)(d)	19,099		37,052
Genco Shipping & Trading Ltd. (a)(d)	76,288		196,060
International Shipholding Corp.	10,420		190,790
Kirby Corp. (a)(d)	49,913		3,792,390
Matson, Inc. (d)	37,893		974,229
			5,268,232
Professional Services - 0.4%
Acacia Research Corp. (a)(d)	43,794		1,224,480
Advisory Board Co. (a)(d)	32,138		1,632,932
Barrett Business Services, Inc.	6,681		291,826
CBIZ, Inc. (a)(d)	37,390		237,800
CDI Corp.	9,649		158,823
Corporate Executive Board Co.	29,612		1,603,194
CRA International, Inc. (a)(d)	15,589		344,673
CTPartners Executive Search, Inc. (a)	859		3,221
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Professional Services - continued
Dolan Co. (a)	21,177		$ 61,625
Dun & Bradstreet Corp.	40,399		3,256,159
Equifax, Inc.	112,378		6,194,275
Exponent, Inc.	15,525		780,442
Franklin Covey Co. (a)	5,338		73,771
FTI Consulting, Inc. (a)(d)	68,234		2,370,449
GP Strategies Corp. (a)	10,677		230,516
Heidrick & Struggles International, Inc.	22,259		302,722
Hill International, Inc. (a)	13,945		47,552
Hudson Global, Inc. (a)(d)	13,947		51,325
Huron Consulting Group, Inc. (a)	20,793		814,878
ICF International, Inc. (a)	17,107		423,227
IHS, Inc. Class A (a)	51,981		5,522,981
Insperity, Inc.	15,769		447,051
Kelly Services, Inc. Class A (non-vtg.)	19,294		340,732
Kforce, Inc.	25,995		377,967
Korn/Ferry International (a)	33,723		624,213
Manpower, Inc.	75,166		4,104,064
Mastech Holdings, Inc.	299		2,240
MISTRAS Group, Inc. (a)	12,788		261,515
Navigant Consulting, Inc. (a)	41,733		531,261
Nielsen Holdings B.V.	152,740		5,145,811
Odyssey Marine Exploration, Inc. (a)(d)	46,227		161,795
On Assignment, Inc. (a)(d)	37,950		829,587
Pendrell Corp. (a)	126,539		180,951
RCM Technologies, Inc.	9,908		56,079
Resources Connection, Inc.	43,312		528,840
Robert Half International, Inc.	123,411		4,387,261
RPX Corp. (a)	14,564		172,583
Spherix, Inc. (a)	11		127
Towers Watson & Co.	58,151		3,871,112
TrueBlue, Inc. (a)	38,883		753,941
Verisk Analytics, Inc. (a)	135,085		7,905,174
VSE Corp.	1,834		42,017
WageWorks, Inc. (a)	8,340		196,907
			56,548,099
Road & Rail - 0.9%
AMERCO	7,919		1,193,472
Arkansas Best Corp.	18,872		217,783
Avis Budget Group, Inc. (a)(d)	100,640		2,351,957
Celadon Group, Inc. (d)	62,978		1,255,152
Con-way, Inc. (d)	51,304		1,803,336
Covenant Transport Group, Inc. Class A (a)	9,633		57,316
CSX Corp.	964,986		22,136,779
Genesee & Wyoming, Inc. Class A (a)(d)	38,299		3,428,526
Heartland Express, Inc. (d)	52,772		716,116
Hertz Global Holdings, Inc. (a)(d)	275,903		5,504,265
J.B. Hunt Transport Services, Inc. (d)	86,516		6,014,592
Kansas City Southern	103,087		10,614,868
Knight Transportation, Inc.	54,848		858,920

	Shares		Value
Landstar System, Inc. (d)	39,848		$ 2,243,044
Marten Transport Ltd.	20,799		430,539
Norfolk Southern Corp.	296,098		21,629,959
Old Dominion Freight Lines, Inc. (a)	69,360		2,493,492
Patriot Transportation Holding, Inc. (a)(d)	1,312		35,660
Providence & Worcester Railroad Co.	4,631		68,076
Quality Distribution, Inc. (a)(d)	25,189		198,741
Roadrunner Transportation Systems, Inc. (a)	12,158		276,959
Ryder System, Inc.	45,757		2,571,543
Saia, Inc. (a)	11,656		374,507
Swift Transporation Co. (a)(d)	69,603		941,729
Union Pacific Corp.	440,660		60,418,893
Universal Truckload Services, Inc.	4,618		84,232
USA Truck, Inc. (a)	1,841		9,095
Werner Enterprises, Inc. (d)	41,229		949,092
YRC Worldwide, Inc. (a)	6,129		37,571
Zipcar, Inc. (a)(d)	19,521		238,742
			149,154,956
Trading Companies & Distributors - 0.3%
Aceto Corp.	32,506		338,387
AeroCentury Corp. (a)	688		11,008
Air Lease Corp. Class A (d)	64,973		1,765,316
Aircastle Ltd.	55,209		743,665
Applied Industrial Technologies, Inc.	42,674		1,852,478
Beacon Roofing Supply, Inc. (a)(d)	44,417		1,638,987
BlueLinx Corp. (a)(d)	17,176		50,154
BlueLinx Corp. rights (a)	17,176		7,204
CAI International, Inc. (a)	7,670		211,692
DXP Enterprises, Inc. (a)	6,766		420,845
Edgen Group, Inc. Class A	19,685		157,874
Essex Rental Corp. (a)(d)	16,688		67,753
Fastenal Co. (d)	258,190		13,330,350
GATX Corp.	39,127		1,950,481
H&E Equipment Services, Inc. (d)	24,825		483,095
Houston Wire & Cable Co.	15,647		182,131
Kaman Corp.	21,079		735,657
Lawson Products, Inc.	4,764		67,839
MRC Global, Inc. (d)	21,717		667,146
MSC Industrial Direct Co., Inc. Class A (d)	40,442		3,450,511
Rush Enterprises, Inc. Class A (a)(d)	25,276		619,262
TAL International Group, Inc.	21,219		913,478
Textainer Group Holdings Ltd.	14,461		584,803
Titan Machinery, Inc. (a)(d)	17,235		486,889
United Rentals, Inc. (a)(d)	86,038		4,595,290
W.W. Grainger, Inc.	55,080		12,473,417
Watsco, Inc.	25,351		1,974,082
WESCO International, Inc. (a)(d)	40,702		3,007,878
Willis Lease Finance Corp. (a)(d)	2,006		30,110
			52,817,782
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Transportation Infrastructure - 0.0%
Wesco Aircraft Holdings, Inc. (a)(d)	18,229		$ 247,914
TOTAL INDUSTRIALS			1,760,126,554
INFORMATION TECHNOLOGY - 17.4%
Communications Equipment - 1.8%
Acme Packet, Inc. (a)	51,006		1,488,355
ADTRAN, Inc. (d)	58,980		1,317,613
Alliance Fiber Optic Products, Inc.	9,573		106,069
Ambient Corp. (a)(d)	1,932		5,216
Anaren, Inc. (a)	42,259		817,712
Arris Group, Inc. (a)	97,821		1,697,194
Aruba Networks, Inc. (a)(d)	102,880		2,563,770
Aviat Networks, Inc. (a)	66,605		237,114
Bel Fuse, Inc. Class B (non-vtg.)	7,032		117,153
Black Box Corp.	16,753		406,428
Blonder Tongue Laboratories, Inc. (a)(d)	3,352		4,257
Brocade Communications Systems, Inc. (a)	398,862		2,237,616
CalAmp Corp. (a)(d)	16,135		176,678
Calix Networks, Inc. (a)	25,252		216,410
Ciena Corp. (a)(d)	93,662		1,427,409
Cisco Systems, Inc.	4,969,682		103,617,870
Clearfield, Inc. (a)	2,407		13,311
Communications Systems, Inc.	4,311		46,128
Comtech Telecommunications Corp.	22,438		600,890
Digi International, Inc. (a)	21,456		211,556
EchoStar Holding Corp. Class A (a)	37,522		1,419,832
EMCORE Corp. (a)(d)	19,513		113,761
Emulex Corp. (a)	66,808		430,912
Entrada Networks, Inc. (a)	150		0
Extreme Networks, Inc. (a)(d)	100,558		351,953
F5 Networks, Inc. (a)	73,095		6,902,361
Finisar Corp. (a)(d)	89,294		1,308,157
Globecomm Systems, Inc. (a)	11,676		141,747
Harmonic, Inc. (a)	75,490		429,538
Harris Corp.	108,567		5,218,816
Infinera Corp. (a)(d)	140,398		911,183
InterDigital, Inc.	37,438		1,662,247
Ixia (a)(d)	51,889		1,052,309
JDS Uniphase Corp. (a)	221,471		3,136,029
Juniper Networks, Inc. (a)	485,897		10,048,350
KVH Industries, Inc. (a)	23,641		314,898
Lantronix, Inc. (a)	71		140
Loral Space & Communications Ltd.	10,995		640,349
Meru Networks, Inc. (a)(d)	20,865		93,267
Motorola Solutions, Inc.	260,084		16,179,826
NETGEAR, Inc. (a)(d)	32,032		1,090,690
NumereX Corp. Class A (a)	2,670		32,814
Oclaro, Inc. (a)(d)	64,648		85,982
Oplink Communications, Inc. (a)	15,273		234,593

	Shares		Value
Optical Cable Corp.	564		$ 2,279
Palo Alto Networks, Inc. (d)	31,394		1,919,115
Parkervision, Inc. (a)(d)	73,296		292,451
PC-Tel, Inc.	2,259		15,632
Performance Technologies, Inc. (a)	2,977		2,772
Plantronics, Inc.	39,954		1,612,543
Polycom, Inc. (a)	189,613		1,727,374
Procera Networks, Inc. (a)(d)	21,122		247,127
QUALCOMM, Inc.	1,595,884		104,737,867
Relm Wireless Corp. (a)	9,436		20,476
Riverbed Technology, Inc. (a)(d)	148,314		2,266,238
Ruckus Wireless, Inc. (d)	11,332		242,052
ShoreTel, Inc. (a)(d)	22,164		89,986
Sonus Networks, Inc. (a)(d)	223,825		548,371
Symmetricom, Inc. (a)	21,713		107,262
Tellabs, Inc. (d)	301,356		611,753
Telular Corp.	1,806		17,988
Tessco Technologies, Inc. (d)	3,361		76,530
Ubiquiti Networks, Inc. (d)	9,640		132,743
ViaSat, Inc. (a)(d)	35,696		1,676,284
Westell Technologies, Inc. Class A (a)	20,974		38,173
Zhone Technologies, Inc. (a)	5,862		5,217
Zoom Technologies, Inc. (a)(d)	31,336		22,562
			285,521,298
Computers & Peripherals - 3.5%
3D Systems Corp. (a)(d)	68,215		2,521,226
Apple, Inc.	881,441		389,068,007
Astro-Med, Inc.	4,606		45,461
Avid Technology, Inc. (a)(d)	34,710		240,540
Concurrent Computer Corp.	987		6,899
Cray, Inc. (a)	32,010		619,394
Crossroads Systems, Inc. (a)	9,071		14,514
Datalink Corp. (a)	9,248		95,994
Dataram Corp. (a)	3,336		1,134
Dell, Inc.	1,357,390		18,935,591
Diebold, Inc.	54,057		1,526,570
Dot Hill Systems Corp. (a)	109,713		142,627
Electronics for Imaging, Inc. (a)	55,580		1,281,675
EMC Corp. (a)	1,969,648		45,321,600
Fusion-io, Inc. (a)(d)	66,698		1,125,862
Hauppauge Digital, Inc. (a)	430		357
Hewlett-Packard Co.	1,843,592		37,129,943
Hutchinson Technology, Inc. (a)(d)	34,936		98,869
iGO, Inc. (a)	5,684		17,905
Imation Corp. (a)	19,750		67,348
Immersion Corp. (a)(d)	59,681		399,266
Intermec, Inc. (a)	37,733		373,557
Interphase Corp. (a)	10,718		23,472
Intevac, Inc. (a)	17,689		84,553
Lexmark International, Inc. Class A	60,869		1,340,335
NCR Corp. (a)	140,900		3,886,022
NetApp, Inc. (a)	339,363		11,480,650
Novatel Wireless, Inc. (a)	27,517		59,712
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Computers & Peripherals - continued
OCZ Technology Group, Inc. (a)(d)	56,538		$ 97,811
Overland Storage, Inc. (a)(d)	5,087		5,697
QLogic Corp. (a)	79,628		906,167
Quantum Corp. (a)(d)	189,992		239,390
Rimage Corp.	6,017		41,036
SanDisk Corp. (a)	222,462		11,209,860
Scan-Optics, Inc. (a)	300		0
Seagate Technology (d)	328,410		10,561,666
Silicon Graphics International Corp. (a)(d)	32,579		490,314
STEC, Inc. (a)(d)	29,627		142,802
Super Micro Computer, Inc. (a)(d)	26,807		313,642
Synaptics, Inc. (a)(d)	36,621		1,272,946
Transact Technologies, Inc.	3,411		26,947
USA Technologies, Inc. (a)(d)	38,549		94,445
Video Display Corp. (a)	2,957		11,059
Western Digital Corp.	205,688		9,700,246
Xplore Technologies Corp. (a)	2,067		7,524
			551,030,635
Electronic Equipment & Components - 0.7%
Advanced Photonix, Inc. Class A (a)	4,544		1,863
Aeroflex Holding Corp. (a)	11,165		103,276
Agilysys, Inc. (a)	38,149		351,352
Amphenol Corp. Class A	146,122		10,354,205
Anixter International, Inc. (d)	21,905		1,509,693
Arrow Electronics, Inc. (a)	128,186		5,146,668
Audience, Inc. (d)	4,453		60,739
Avnet, Inc. (a)	130,776		4,617,701
AVX Corp.	48,749		574,263
Badger Meter, Inc.	35,716		1,812,944
Benchmark Electronics, Inc. (a)	50,023		871,401
Checkpoint Systems, Inc. (a)	27,013		320,374
ClearSign Combustion Corp. (a)	2,567		13,066
Cognex Corp. (d)	54,520		2,245,679
Coherent, Inc.	20,405		1,178,593
Corning, Inc.	1,372,498		17,307,200
CTS Corp.	18,339		179,722
Daktronics, Inc.	32,196		328,721
Document Security Systems, Inc. (a)(d)	10,726		24,134
Dolby Laboratories, Inc. Class A (d)	41,734		1,330,480
DTS, Inc. (a)(d)	19,732		392,667
Echelon Corp. (a)	32,190		84,660
Electro Rent Corp.	12,184		197,137
Electro Scientific Industries, Inc.	21,640		238,256
eMagin Corp.	5,084		16,167
Fabrinet (a)	16,812		275,885
FARO Technologies, Inc. (a)(d)	18,648		789,743
FEI Co. (d)	32,449		2,055,320
FLIR Systems, Inc.	144,524		3,806,762
Frequency Electronics, Inc.	430		4,382
Giga-Tronics, Inc. (a)	2,579		4,204

	Shares		Value
I. D. Systems Inc. (a)	6,071		$ 38,308
Identive Group, Inc. (a)	106,182		153,964
IEC Electronics Corp. (a)	86		526
Ingram Micro, Inc. Class A (a)	145,788		2,749,562
Insight Enterprises, Inc. (a)	39,665		762,361
Intelli-Check, Inc. (a)	4,366		3,493
InvenSense, Inc. (a)	25,131		302,075
IPG Photonics Corp. (d)	26,878		1,593,597
Iteris, Inc. (a)	1,032		1,806
Itron, Inc. (a)(d)	38,500		1,619,695
Jabil Circuit, Inc.	179,742		3,366,568
KEMET Corp. (a)	26,217		169,624
KEY Tronic Corp. (a)(d)	4,226		44,922
LightPath Technologies, Inc. Class A (a)	376		305
Littelfuse, Inc.	21,280		1,408,098
LoJack Corp. (a)	24,621		73,863
LRAD Corp. (a)	56,581		65,634
Maxwell Technologies, Inc. (a)(d)	18,344		160,510
Measurement Specialties, Inc. (a)	15,282		555,042
Mercury Systems, Inc. (a)(d)	23,393		160,242
Mesa Laboratories, Inc.	2,184		115,883
Methode Electronics, Inc. Class A	27,713		363,317
MicroVision, Inc. (a)(d)	33,140		56,669
MOCON, Inc.	2,209		31,743
Molex, Inc.	125,980		3,490,906
MTS Systems Corp.	16,730		903,420
Multi-Fineline Electronix, Inc. (a)	10,240		156,467
National Instruments Corp. (d)	93,144		2,801,772
Neonode, Inc. (a)	20,693		110,294
NetList, Inc. (a)(d)	104,599		81,587
Newport Corp. (a)	32,467		530,835
OSI Systems, Inc. (a)	17,430		1,004,491
Parametric Sound Corp. (a)(d)	1,985		23,403
Park Electrochemical Corp.	16,314		412,744
PC Connection, Inc.	6,039		86,599
PC Mall, Inc. (a)	4,077		28,947
Planar Systems, Inc. (a)	2,277		4,395
Plexus Corp. (a)	33,577		817,936
Power-One, Inc. (a)(d)	91,675		390,536
Pulse Electronics Corp. (a)	50,135		19,452
RadiSys Corp. (a)	9,220		38,632
RealD, Inc. (a)(d)	37,860		440,690
Research Frontiers, Inc. (a)(d)	16,855		55,284
Richardson Electronics Ltd.	23,707		283,536
Rofin-Sinar Technologies, Inc. (a)(d)	22,270		591,714
Rogers Corp. (a)	16,870		804,868
Sanmina Corp. (a)	72,340		740,762
ScanSource, Inc. (a)	19,738		592,337
SYNNEX Corp. (a)(d)	16,578		632,119
TE Connectivity Ltd.	402,703		16,160,471
Tech Data Corp. (a)	34,347		1,822,452
Trimble Navigation Ltd. (a)	118,068		7,016,781
TTM Technologies, Inc. (a)(d)	45,522		373,280
Uni-Pixel, Inc. (a)(d)	8,000		188,800
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Electronic Equipment & Components - continued
Universal Display Corp. (a)(d)	33,587		$ 1,053,960
Viasystems Group, Inc. (a)	4,710		66,788
Vishay Intertechnology, Inc. (a)(d)	124,817		1,646,336
Vishay Precision Group, Inc. (a)	9,596		134,824
Wayside Technology Group, Inc.	1,232		15,733
Wireless Telecom Group, Inc. (a)	11,200		14,896
Zygo Corp. (a)(d)	9,828		140,737
			113,673,848
Internet Software & Services - 2.3%
Active Network, Inc. (a)(d)	30,019		140,789
Akamai Technologies, Inc. (a)	164,615		6,084,170
Angie's List, Inc. (a)(d)	39,732		677,828
AOL, Inc. (d)	74,516		2,749,640
Autobytel, Inc. (a)	1,148		5,235
Bankrate, Inc. (a)	33,840		380,700
Bazaarvoice, Inc.	31,078		217,546
Blucora, Inc. (a)(d)	32,776		508,028
Brightcove, Inc. (d)	10,845		68,324
BroadVision, Inc. (a)	490		4,003
Carbonite, Inc. (a)(d)	4,801		47,146
comScore, Inc. (a)	21,331		340,016
Constant Contact, Inc. (a)(d)	30,835		435,699
Cornerstone OnDemand, Inc. (a)(d)	26,137		884,999
CoStar Group, Inc. (a)(d)	26,741		2,693,888
Crexendo, Inc.	6,585		17,780
Daegis, Inc. (a)	3,645		4,921
DealerTrack Holdings, Inc. (a)(d)	34,664		1,022,241
Demand Media, Inc. (a)(d)	42,676		345,676
Demandware, Inc.	6,200		163,990
Dice Holdings, Inc. (a)(d)	35,391		341,169
Digital River, Inc. (a)	26,434		376,420
EarthLink, Inc.	80,611		468,350
eBay, Inc. (a)	1,094,418		59,842,776
eGain Communications Corp. (a)	8,558		68,378
Equinix, Inc. (a)(d)	44,811		9,479,767
ExactTarget, Inc. (d)	29,149		650,023
Facebook, Inc. Class A	511,909		13,949,520
FriendFinder Networks, Inc. (a)(d)	17,170		10,795
GlowPoint, Inc. (a)	18,770		30,032
Google, Inc. Class A (a)	249,398		199,817,678
IAC/InterActiveCorp (d)	80,150		3,266,113
Internap Network Services Corp. (a)(d)	34,998		303,783
IntraLinks Holdings, Inc. (a)	36,458		214,373
Inuvo, Inc. (a)	9,640		6,758
iPass, Inc. (a)(d)	22,438		45,100
j2 Global, Inc.	38,868		1,386,810
Keynote Systems, Inc. (d)	17,976		274,673
Limelight Networks, Inc. (a)(d)	33,081		70,132
LinkedIn Corp. (a)	62,394		10,493,423
Liquidity Services, Inc. (a)(d)	21,953		747,500
LivePerson, Inc. (a)(d)	37,230		538,718

	Shares		Value
Local Corp. (a)(d)	28,399		$ 47,426
LogMeIn, Inc. (a)(d)	22,955		409,976
Marchex, Inc. Class B	28,685		108,429
Market Leader, Inc. (a)	7,128		53,032
MeetMe, Inc. (a)(d)	18,724		48,121
Millennial Media, Inc. (d)	10,513		98,507
Monster Worldwide, Inc. (a)(d)	97,552		499,466
Move, Inc. (a)	35,516		346,636
NIC, Inc. (d)	78,994		1,399,774
OpenTable, Inc. (a)	23,366		1,299,150
Perficient, Inc. (a)	18,309		212,018
QuinStreet, Inc. (a)	17,620		100,963
Rackspace Hosting, Inc. (a)(d)	107,654		6,013,552
RealNetworks, Inc. (a)	28,670		208,431
Responsys, Inc. (a)	13,609		109,825
Saba Software, Inc. (a)	20,826		182,019
SciQuest, Inc. (a)	12,793		244,986
Selectica, Inc. (a)	552		5,757
Spark Networks, Inc. (a)(d)	3,502		25,284
SPS Commerce, Inc. (a)(d)	11,840		442,698
Stamps.com, Inc. (a)(d)	12,471		304,168
Support.com, Inc. (a)(d)	117,655		458,855
Synacor, Inc. (d)	8,243		27,119
TechTarget, Inc. (a)	1,217		5,915
TheStreet.com, Inc.	3,696		6,838
Travelzoo, Inc. (a)	5,383		113,420
Trulia, Inc. (d)	5,966		142,229
United Online, Inc.	71,982		424,694
Unwired Planet, Inc. (a)	76,683		154,133
ValueClick, Inc. (a)(d)	62,448		1,665,488
VeriSign, Inc. (a)(d)	144,977		6,639,947
Vocus, Inc. (a)(d)	23,379		328,241
Web.com Group, Inc. (a)(d)	25,389		433,644
WebMD Health Corp. (a)	42,908		948,267
WebMediaBrands, Inc. (a)	147		238
XO Group, Inc. (a)(d)	29,832		272,963
Yahoo!, Inc. (a)	1,002,327		21,359,588
Yelp, Inc. (d)	13,280		294,683
Zix Corp. (a)(d)	43,773		164,586
			364,775,976
IT Services - 3.4%
Accenture PLC Class A	602,434		44,796,992
Acxiom Corp. (a)	66,136		1,204,337
Alliance Data Systems Corp. (a)(d)	50,917		8,080,019
Analysts International Corp. (a)	1,000		3,670
Automatic Data Processing, Inc.	461,625		28,325,310
Booz Allen Hamilton Holding Corp. Class A (d)	29,672		379,802
Broadridge Financial Solutions, Inc.	107,819		2,474,446
CACI International, Inc. Class A (a)(d)	20,462		1,038,447
Cardtronics, Inc. (a)	44,777		1,180,322
Cass Information Systems, Inc.	3,955		169,076
Ciber, Inc. (a)(d)	53,912		239,908
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
IT Services - continued
Cognizant Technology Solutions Corp. Class A (a)	279,212		$ 21,435,105
Computer Sciences Corp.	143,307		6,883,035
Computer Task Group, Inc.	4,854		96,595
Convergys Corp. (d)	123,097		2,042,179
CoreLogic, Inc. (a)	88,040		2,281,116
CSG Systems International, Inc. (a)(d)	47,456		921,121
CSP, Inc.	3,696		25,133
DST Systems, Inc.	31,684		2,151,977
Dynamics Research Corp. (a)	2,443		14,438
Edgewater Technology, Inc. (a)	2,875		11,241
EPAM Systems, Inc. (d)	11,994		251,634
Euronet Worldwide, Inc. (a)(d)	47,939		1,157,247
ExlService Holdings, Inc. (a)(d)	20,701		626,619
Fidelity National Information Services, Inc.	242,609		9,134,229
Fiserv, Inc. (a)	126,468		10,384,287
FleetCor Technologies, Inc. (a)	39,405		2,750,863
Forrester Research, Inc.	10,441		286,710
Gartner, Inc. Class A (a)(d)	93,477		4,651,416
Genpact Ltd.	119,462		2,103,726
Global Cash Access Holdings, Inc. (a)	58,402		414,654
Global Payments, Inc.	75,409		3,635,468
Hackett Group, Inc.	12,619		58,426
Heartland Payment Systems, Inc.	30,852		959,497
Higher One Holdings, Inc. (a)(d)	26,817		239,744
IBM Corp.	995,045		199,834,887
iGate Corp. (a)(d)	19,383		370,409
Information Services Group, Inc. (a)	18,000		24,120
Innodata, Inc. (a)	14,010		48,895
Jack Henry & Associates, Inc.	77,862		3,404,127
Lender Processing Services, Inc.	87,526		2,149,639
Lionbridge Technologies, Inc. (a)	34,685		132,497
ManTech International Corp. Class A	23,021		571,151
MasterCard, Inc. Class A	99,527		51,537,071
Mattersight Corp. (a)	4,307		19,640
Maximus, Inc.	30,123		2,192,352
ModusLink Global Solutions, Inc. (a)	31,030		89,366
MoneyGram International, Inc. (a)(d)	66,937		1,085,049
NCI, Inc. Class A (a)	12,261		61,673
NeuStar, Inc. Class A (a)(d)	66,766		2,927,689
Online Resources Corp. (a)	26,280		100,652
Paychex, Inc. (d)	286,984		9,499,170
PFSweb, Inc. (a)	1,815		6,262
PRG-Schultz International, Inc. (a)	5,640		36,660
SAIC, Inc. (d)	273,792		3,236,221
Sapient Corp. (a)	97,843		1,097,798
ServiceSource International, Inc. (a)	30,455		192,476
StarTek, Inc. (a)	2,150		10,793
Storage Engine, Inc. (a)	434		0
Sykes Enterprises, Inc. (a)	30,728		456,618

	Shares		Value
Syntel, Inc.	16,557		$ 996,069
Teletech Holdings, Inc. (a)	19,293		360,972
Teradata Corp. (a)	158,752		9,217,141
The Management Network Group, Inc. (a)	206		719
The Western Union Co.	556,142		7,802,672
Total System Services, Inc.	171,609		4,077,430
Unisys Corp. (a)(d)	35,389		813,239
Vantiv, Inc. (d)	35,941		782,076
VeriFone Systems, Inc. (a)	99,369		1,885,030
Virtusa Corp. (a)	14,018		293,677
Visa, Inc. Class A	486,399		77,162,337
WEX, Inc. (a)	33,822		2,536,988
			545,422,354
Office Electronics - 0.1%
Xerox Corp.	1,207,010		9,788,851
Zebra Technologies Corp. Class A (a)	46,287		2,069,955
			11,858,806
Semiconductors & Semiconductor Equipment - 2.1%
Advanced Energy Industries, Inc. (a)(d)	31,081		560,701
Advanced Micro Devices, Inc. (a)(d)	535,938		1,334,486
AEHR Test Systems (a)	3,126		2,813
Aetrium, Inc. (a)	2,064		1,548
Altera Corp.	296,178		10,490,625
Amkor Technology, Inc. (a)(d)	114,967		465,616
Amtech Systems, Inc. (a)	12,381		49,400
ANADIGICS, Inc. (a)(d)	74,954		158,153
Analog Devices, Inc.	279,008		12,616,742
Applied Materials, Inc.	1,097,065		15,029,791
Applied Micro Circuits Corp. (a)(d)	98,689		784,578
Atmel Corp. (a)	430,659		2,928,481
ATMI, Inc. (a)	23,384		512,110
Axcelis Technologies, Inc. (a)	87,264		99,481
AXT, Inc. (a)	31,515		89,818
Broadcom Corp. Class A	472,870		16,129,596
Brooks Automation, Inc.	46,495		470,064
BTU International, Inc. (a)	4,067		11,835
Cabot Microelectronics Corp. (d)	30,653		1,047,413
Cavium, Inc. (a)(d)	42,834		1,581,431
Ceva, Inc. (a)	14,448		218,598
Cirrus Logic, Inc. (a)(d)	62,020		1,490,961
Cohu, Inc.	18,095		182,036
Cree, Inc. (a)(d)	109,699		4,961,686
CVD Equipment Corp. (a)(d)	24,298		247,840
Cymer, Inc. (a)	29,062		2,873,651
Cypress Semiconductor Corp. (d)	200,786		2,114,277
Diodes, Inc. (a)(d)	26,894		535,997
DSP Group, Inc. (a)	34,788		251,865
Entegris, Inc. (a)	143,226		1,362,079
Entropic Communications, Inc. (a)(d)	130,146		573,944
Exar Corp. (a)	27,190		319,483
Fairchild Semiconductor International, Inc. (a)	100,014		1,426,200
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Semiconductors & Semiconductor Equipment - continued
First Solar, Inc. (a)(d)	62,639		$ 1,619,218
FormFactor, Inc. (a)	44,109		221,427
GigOptix, Inc. (a)	17,428		19,171
GSI Technology, Inc. (a)	4,316		27,709
GT Advanced Technologies, Inc. (a)(d)	93,200		266,552
Hittite Microwave Corp. (a)(d)	24,952		1,617,389
Ikanos Communications, Inc. (a)	35,040		60,970
Inphi Corp. (a)(d)	18,384		177,589
Integrated Device Technology, Inc. (a)	100,471		683,203
Integrated Silicon Solution, Inc. (a)	27,085		230,223
Intel Corp.	4,659,552		97,151,659
International Rectifier Corp. (a)(d)	61,935		1,301,874
Intersil Corp. Class A	109,308		928,025
Intest Corp.	2,175		7,352
IXYS Corp.	38,644		385,281
KLA-Tencor Corp.	158,007		8,652,463
Kopin Corp. (a)	42,598		137,166
Kulicke & Soffa Industries, Inc. (a)	82,587		893,591
Lam Research Corp. (a)	168,446		7,125,266
Lattice Semiconductor Corp. (a)	136,230		637,556
Linear Technology Corp. (d)	206,542		7,898,166
LSI Corp. (a)	527,450		3,671,052
LTX-Credence Corp. (a)	48,731		282,640
M/A-COM Technology Solutions, Inc. (d)	10,000		162,000
Marvell Technology Group Ltd.	465,712		4,703,691
Mattson Technology, Inc. (a)	39,367		48,421
Maxim Integrated Products, Inc. (d)	279,986		8,729,963
MaxLinear, Inc. Class A (a)	15,441		90,793
MEMC Electronic Materials, Inc. (a)(d)	197,213		976,204
Micrel, Inc. (d)	33,398		351,347
Microchip Technology, Inc.	181,262		6,610,625
Micron Technology, Inc. (a)(d)	956,682		8,026,562
Microsemi Corp. (a)	78,145		1,612,131
Mindspeed Technologies, Inc. (a)(d)	20,470		91,092
MKS Instruments, Inc.	47,592		1,291,647
Monolithic Power Systems, Inc. (d)	35,284		867,634
MoSys, Inc. (a)(d)	9,566		33,194
Nanometrics, Inc. (a)	28,664		422,794
NeoPhotonics Corp. (a)	11,524		57,850
NVE Corp. (a)(d)	6,043		320,037
NVIDIA Corp.	580,786		7,352,751
Omnivision Technologies, Inc. (a)(d)	44,394		684,112
ON Semiconductor Corp. (a)	400,227		3,201,816
PDF Solutions, Inc. (a)	17,331		269,324
Peregrine Semiconductor Corp. (d)	5,341		53,357
Pericom Semiconductor Corp. (a)	17,514		122,948
Photronics, Inc. (a)(d)	74,723		496,161
Pixelworks, Inc. (a)	11,868		28,721
PLX Technology, Inc. (a)	29,807		141,583
PMC-Sierra, Inc. (a)(d)	199,312		1,293,535
Power Integrations, Inc.	28,590		1,195,348

	Shares		Value
QuickLogic Corp. (a)(d)	38,003		$ 82,086
Rambus, Inc. (a)	81,201		457,974
RF Micro Devices, Inc. (a)(d)	236,125		1,088,536
Rubicon Technology, Inc. (a)(d)	18,271		94,278
Rudolph Technologies, Inc. (a)(d)	29,614		326,346
Semtech Corp. (a)(d)	60,032		1,835,178
Sigma Designs, Inc. (a)(d)	22,818		106,104
Silicon Image, Inc. (a)	84,424		389,195
Silicon Laboratories, Inc. (a)(d)	36,210		1,503,439
Skyworks Solutions, Inc. (a)	195,201		4,157,781
Spansion, Inc. Class A	38,055		447,527
STR Holdings, Inc. (a)(d)	37,233		74,466
SunPower Corp. (a)(d)	29,517		346,530
Supertex, Inc.	19,548		441,589
Teradyne, Inc. (a)(d)	178,524		2,992,062
Tessera Technologies, Inc.	44,982		802,479
Texas Instruments, Inc.	1,045,185		35,923,008
TranSwitch Corp. (a)	16,133		13,389
TriQuint Semiconductor, Inc. (a)(d)	138,618		651,505
Ultra Clean Holdings, Inc. (a)	12,895		76,081
Ultratech, Inc. (a)	31,408		1,287,100
Veeco Instruments, Inc. (a)	36,173		1,154,280
Vitesse Semiconductor Corp. (a)(d)	9,484		19,822
Volterra Semiconductor Corp. (a)	28,138		431,918
Xilinx, Inc.	242,074		9,022,098
			327,879,253
Software - 3.5%
Accelrys, Inc. (a)	40,003		378,428
ACI Worldwide, Inc. (a)(d)	37,489		1,717,371
Activision Blizzard, Inc.	390,312		5,581,462
Actuate Corp. (a)	42,170		253,442
Adobe Systems, Inc. (a)	463,352		18,209,734
Advent Software, Inc. (a)(d)	32,795		859,229
American Software, Inc. Class A	10,878		88,764
ANSYS, Inc. (a)(d)	86,793		6,578,909
Aspen Technology, Inc. (a)	97,387		2,995,624
Autodesk, Inc. (a)	213,057		7,823,453
Blackbaud, Inc.	40,206		1,117,727
BMC Software, Inc. (a)	135,415		5,426,079
Bottomline Technologies, Inc. (a)(d)	34,478		935,388
BroadSoft, Inc. (a)	23,438		492,198
BSQUARE Corp. (a)	11,182		32,987
CA Technologies, Inc.	349,083		8,549,043
Cadence Design Systems, Inc. (a)(d)	280,788		3,975,958
Callidus Software, Inc. (a)(d)	16,907		73,545
Citrix Systems, Inc. (a)	175,074		12,412,747
CommVault Systems, Inc. (a)(d)	39,408		2,914,222
Compuware Corp. (a)	189,084		2,195,265
Comverse, Inc.	14,883		409,580
Concur Technologies, Inc. (a)(d)	46,147		3,239,519
Datawatch Corp. (a)	1,950		21,216
Digimarc Corp.	3,041		67,906
Ebix, Inc. (d)	31,393		503,230
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Software - continued
Electronic Arts, Inc. (a)	280,403		$ 4,915,465
Ellie Mae, Inc. (a)	15,823		321,207
Envivio, Inc.	6,801		11,562
EPIQ Systems, Inc.	38,746		482,000
ePlus, Inc.	1,206		55,428
Evolving Systems, Inc.	4,973		33,319
FactSet Research Systems, Inc. (d)	36,068		3,509,056
Fair Isaac Corp.	37,437		1,659,957
FalconStor Software, Inc. (a)	21,866		58,820
Fonix Corp. (a)	1		0
Fortinet, Inc. (a)	124,790		3,017,422
Glu Mobile, Inc. (a)(d)	98,358		223,273
GSE Systems, Inc. (a)	388		877
Guidance Software, Inc. (a)	3,531		34,639
Guidewire Software, Inc. (a)(d)	25,608		935,972
Imperva, Inc. (a)(d)	12,476		455,374
Infoblox, Inc. (d)	40,167		847,122
Informatica Corp. (a)	99,837		3,495,293
Interactive Intelligence Group, Inc. (a)	16,038		667,341
Intuit, Inc.	259,759		16,749,260
Jive Software, Inc. (a)(d)	30,754		509,901
Majesco Entertainment Co. (a)	19,952		10,664
Manhattan Associates, Inc. (a)(d)	20,570		1,437,020
Marlborough Software Development Holdings, Inc.	5,202		780
Mentor Graphics Corp. (d)	80,500		1,425,655
MICROS Systems, Inc. (a)(d)	71,058		3,041,282
Microsoft Corp.	7,095,764		197,262,239
MicroStrategy, Inc. Class A (a)	7,880		802,814
Mitek Systems, Inc. (a)(d)	15,896		68,353
Monotype Imaging Holdings, Inc.	25,665		538,965
Motricity, Inc. (a)(d)	42,402		16,957
NetScout Systems, Inc. (a)	29,548		751,406
NetSol Technologies, Inc. (a)(d)	10,165		117,711
NetSuite, Inc. (a)(d)	30,845		2,152,673
Nuance Communications, Inc. (a)(d)	239,170		4,403,120
Oracle Corp.	3,523,355		120,710,142
Parametric Technology Corp. (a)	117,269		2,713,605
Peerless Systems Corp. (a)	172		550
Pegasystems, Inc.	16,328		447,224
Pervasive Software, Inc. (a)	4,203		38,457
Progress Software Corp. (a)	56,172		1,264,993
Proofpoint, Inc. (d)	6,483		90,632
PROS Holdings, Inc. (a)	12,895		336,044
QAD, Inc. Class B	4,298		51,705
QLIK Technologies, Inc. (a)	69,650		1,810,900
Qualys, Inc. (d)	7,387		87,610
RealPage, Inc. (a)(d)	33,089		716,708
Red Hat, Inc. (a)	178,129		9,050,734
Rosetta Stone, Inc. (a)	8,315		96,288
Rovi Corp. (a)	95,372		1,696,668

	Shares		Value
salesforce.com, Inc. (a)(d)	121,229		$ 20,514,371
SeaChange International, Inc. (a)	17,668		203,535
ServiceNow, Inc. (d)	10,394		337,493
Smith Micro Software, Inc. (a)(d)	41,455		60,524
SolarWinds, Inc. (a)	59,019		3,332,213
Solera Holdings, Inc.	62,084		3,495,329
Sonic Foundry, Inc. (a)	155		1,070
Sourcefire, Inc. (a)(d)	26,600		1,426,558
Splunk, Inc.	20,016		723,178
SS&C Technologies Holdings, Inc. (a)	35,267		892,608
Symantec Corp. (a)	635,627		14,899,097
Synchronoss Technologies, Inc. (a)(d)	29,419		887,571
Synopsys, Inc. (a)	144,793		5,072,099
Take-Two Interactive Software, Inc. (a)(d)	76,173		1,115,173
Tangoe, Inc. (a)(d)	45,871		627,057
TeleCommunication Systems, Inc. Class A (a)	49,377		114,061
TeleNav, Inc. (a)	12,035		85,569
TIBCO Software, Inc. (a)	141,645		3,038,285
TiVo, Inc. (a)(d)	121,206		1,501,742
Tyler Technologies, Inc. (a)	30,080		1,696,512
Ultimate Software Group, Inc. (a)(d)	28,130		2,764,335
Vasco Data Security International, Inc. (a)	30,246		250,134
Verint Systems, Inc. (a)	42,645		1,457,180
VirnetX Holding Corp. (a)(d)	42,196		1,486,565
VMware, Inc. Class A (a)(d)	80,645		5,792,730
Vringo, Inc. (a)(d)	39,609		120,411
Wave Systems Corp. Class A (a)(d)	62,248		54,778
Websense, Inc. (a)	31,243		468,333
Workday, Inc.	22,066		1,220,029
Zynga, Inc. (a)(d)	461,286		1,563,760
			551,180,513
TOTAL INFORMATION TECHNOLOGY			2,751,342,683
MATERIALS - 3.8%
Chemicals - 2.5%
A. Schulman, Inc.	30,292		949,654
ADA-ES, Inc. (a)(d)	14,209		377,533
Air Products & Chemicals, Inc.	196,426		16,959,421
Airgas, Inc.	67,095		6,728,287
Albemarle Corp.	82,305		5,356,409
American Pacific Corp. (a)	2,556		47,286
American Vanguard Corp.	23,997		744,627
Arabian American Development Co. (a)(d)	28,770		211,747
Ashland, Inc.	69,720		5,436,068
Axiall Corp.	65,100		3,683,358
Balchem Corp.	26,952		1,086,974
Cabot Corp.	56,337		2,072,075
Calgon Carbon Corp. (a)(d)	83,129		1,418,181
Celanese Corp. Class A (d)	148,644		6,963,971
CF Industries Holdings, Inc.	60,942		12,238,982
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Chemicals - continued
Chase Corp.	3,188		$ 60,062
Chemtura Corp. (a)	94,872		1,908,825
Clean Diesel Technologies, Inc. (a)(d)	42,378		101,283
Core Molding Technologies, Inc. (a)	5,919		41,137
Cytec Industries, Inc.	39,374		2,850,284
E.I. du Pont de Nemours & Co.	867,966		41,575,571
Eastman Chemical Co.	140,187		9,775,240
Ecolab, Inc.	245,228		18,772,203
Ferro Corp. (a)(d)	75,739		388,541
Flotek Industries, Inc. (a)(d)	68,404		960,392
FMC Corp.	127,997		7,713,099
FutureFuel Corp.	9,540		125,069
GSE Holding, Inc.	3,278		23,569
H.B. Fuller Co.	40,504		1,655,398
Hawkins, Inc. (d)	5,329		210,176
Huntsman Corp.	166,677		2,871,845
Innophos Holdings, Inc.	21,107		1,030,655
International Flavors & Fragrances, Inc.	78,743		5,746,664
Intrepid Potash, Inc. (d)	47,540		937,013
KMG Chemicals, Inc.	10,303		203,587
Koppers Holdings, Inc.	22,254		923,096
Kraton Performance Polymers, Inc. (a)	27,382		658,263
Kronos Worldwide, Inc. (d)	25,586		437,776
Landec Corp. (a)	25,874		284,873
LSB Industries, Inc. (a)	18,952		734,390
LyondellBasell Industries NV Class A	353,245		20,707,222
Material Sciences Corp. (a)(d)	4,565		46,335
Minerals Technologies, Inc.	52,154		2,098,677
Monsanto Co.	498,229		50,336,076
NewMarket Corp. (d)	10,242		2,577,604
Olin Corp. (d)	59,328		1,374,036
OM Group, Inc. (a)(d)	25,674		630,040
OMNOVA Solutions, Inc. (a)	35,057		280,807
Penford Corp. (a)	6,469		65,660
PolyOne Corp.	78,276		1,783,910
PPG Industries, Inc.	140,149		18,872,464
Praxair, Inc.	278,925		31,532,471
Quaker Chemical Corp.	14,473		830,895
Rockwood Holdings, Inc.	70,868		4,436,337
RPM International, Inc.	115,775		3,520,718
Senomyx, Inc. (a)	31,786		76,604
Sensient Technologies Corp.	58,886		2,173,482
Sherwin-Williams Co.	79,080		12,778,537
Sigma Aldrich Corp.	110,382		8,506,037
Spartech Corp. (a)	26,298		259,561
Stepan Co.	16,974		1,039,488
The Dow Chemical Co.	1,116,995		35,431,081
The Mosaic Co.	258,436		15,128,843
The Scotts Miracle-Gro Co. Class A (d)	31,090		1,377,598
Tredegar Corp.	24,439		598,267
Tronox Ltd. Class A	19,331		397,059

	Shares		Value
Valhi, Inc.	16,022		$ 260,838
Valspar Corp.	85,270		5,253,485
W.R. Grace & Co. (a)	64,184		4,594,291
Westlake Chemical Corp.	20,522		1,769,407
Zep, Inc.	16,526		247,229
Zoltek Companies, Inc. (a)(d)	40,249		376,328
			393,624,971
Construction Materials - 0.1%
Eagle Materials, Inc.	43,267		2,782,501
Headwaters, Inc. (a)	97,498		917,456
Martin Marietta Materials, Inc.	41,456		4,026,621
Texas Industries, Inc. (a)(d)	19,133		1,110,671
U.S. Concrete, Inc. (a)	13,793		135,171
Vulcan Materials Co.	120,291		6,126,421
			15,098,841
Containers & Packaging - 0.3%
AEP Industries, Inc. (a)	6,511		459,221
Aptargroup, Inc.	60,393		3,257,598
Ball Corp.	152,556		6,775,012
Bemis Co., Inc.	87,122		3,253,135
Berry Plastics Group, Inc.	28,788		553,305
Boise, Inc.	80,405		690,679
Crown Holdings, Inc. (a)	123,560		4,802,777
Graphic Packaging Holding Co. (a)	184,468		1,368,753
Greif, Inc. Class A	37,275		1,896,179
MOD-PAC Corp. (sub. vtg.) (a)	989		8,120
Myers Industries, Inc.	25,717		378,554
Owens-Illinois, Inc. (a)	155,209		3,957,830
Packaging Corp. of America	83,299		3,480,232
Rock-Tenn Co. Class A	65,822		5,821,956
Sealed Air Corp.	175,395		3,895,523
Silgan Holdings, Inc.	43,920		1,885,486
Sonoco Products Co.	95,840		3,044,837
UFP Technologies, Inc. (a)	2,454		46,430
			45,575,627
Metals & Mining - 0.7%
A.M. Castle & Co. (a)(d)	36,860		605,610
AK Steel Holding Corp. (d)	121,218		454,568
Alcoa, Inc. (d)	972,022		8,281,627
Allegheny Technologies, Inc.	102,039		3,109,128
Allied Nevada Gold Corp. (a)(d)	72,291		1,322,925
Amcol International Corp.	23,278		680,649
Carpenter Technology Corp.	37,349		1,763,993
Century Aluminum Co. (a)(d)	51,555		418,111
Cliffs Natural Resources, Inc. (d)	131,469		3,347,201
Coeur d'Alene Mines Corp. (a)	98,197		1,866,725
Commercial Metals Co.	130,792		2,133,218
Compass Minerals International, Inc.	30,663		2,260,476
Comstock Mining, Inc. (a)(d)	32,356		64,065
Freeport-McMoRan Copper & Gold, Inc.	888,082		28,347,577
Friedman Industries	2,001		21,891
General Moly, Inc. (a)	49,482		144,487
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Metals & Mining - continued
Globe Specialty Metals, Inc.	53,804		$ 768,859
Golden Minerals Co. (a)(d)	55,854		161,977
Handy & Harman Ltd. (a)	5,646		91,465
Haynes International, Inc.	10,403		535,755
Hecla Mining Co. (d)	255,072		1,183,534
Horsehead Holding Corp. (a)(d)	39,520		417,726
Kaiser Aluminum Corp. (d)	16,273		996,559
Materion Corp.	22,336		617,814
McEwen Mining, Inc. (a)	217,690		528,987
Metals USA Holdings Corp.	10,388		215,447
Mines Management, Inc. (a)(d)	24,109		26,279
Molycorp, Inc. (a)(d)	115,663		710,171
Newmont Mining Corp.	460,156		18,539,685
Noranda Aluminium Holding Corp.	57,213		272,334
Nucor Corp.	296,896		13,375,165
Olympic Steel, Inc.	9,587		198,163
Reliance Steel & Aluminum Co.	68,490		4,560,749
Royal Gold, Inc.	59,947		3,928,926
RTI International Metals, Inc. (a)(d)	27,976		830,048
Schnitzer Steel Industries, Inc. Class A (d)	20,284		580,325
Silver Bull Resources, Inc. (a)(d)	60,971		20,425
Solitario Exploration & Royalty Corp. (a)	18,115		28,078
Steel Dynamics, Inc.	191,858		2,929,672
Stillwater Mining Co. (a)(d)	106,954		1,394,680
SunCoke Energy, Inc. (a)	69,275		1,142,345
Synalloy Corp.	1,991		27,177
Timberline Resources Corp. (a)	18,994		3,609
U.S. Silica Holdings, Inc. (d)	14,625		359,629
United States Steel Corp. (d)	123,306		2,569,697
Universal Stainless & Alloy Products, Inc. (a)(d)	6,659		236,328
US Antimony Corp. (a)(d)	24,962		46,679
Walter Energy, Inc.	53,873		1,712,623
Worthington Industries, Inc.	60,686		1,719,841
			115,553,002
Paper & Forest Products - 0.2%
Boise Cascade Co.	11,500		311,650
Buckeye Technologies, Inc.	38,686		1,072,763
Clearwater Paper Corp. (a)	22,216		1,075,032
Deltic Timber Corp.	13,533		966,121
Domtar Corp.	31,471		2,346,478
International Paper Co.	404,904		17,819,825
Kapstone Paper & Packaging Corp.	34,137		909,410
Louisiana-Pacific Corp. (a)(d)	122,996		2,579,226
MeadWestvaco Corp.	171,723		6,132,228
Neenah Paper, Inc.	13,754		401,617
P.H. Glatfelter Co.	36,975		671,096
Resolute Forest Products (a)(d)	103,317		1,425,775
Schweitzer-Mauduit International, Inc.	24,906		917,786

	Shares		Value
Verso Paper Corp. (a)	23,529		$ 25,176
Wausau-Mosinee Paper Corp.	43,988		434,162
			37,088,345
TOTAL MATERIALS			606,940,786
TELECOMMUNICATION SERVICES - 2.6%
Diversified Telecommunication Services - 2.3%
8x8, Inc. (a)(d)	89,195		539,630
Alaska Communication Systems Group, Inc.	135,810		233,593
Allegiance Telecom, Inc. (a)(d)	7,100		0
AT&T, Inc.	5,313,513		190,808,252
Atlantic Tele-Network, Inc.	16,949		796,603
Cbeyond, Inc. (a)	59,758		419,501
CenturyLink, Inc. (d)	578,199		20,046,159
Cincinnati Bell, Inc. (a)(d)	198,209		644,179
Cogent Communications Group, Inc.	64,769		1,628,940
Consolidated Communications Holdings, Inc.	59,983		1,007,714
Elephant Talk Communication, Inc. (a)(d)	63,184		75,821
FairPoint Communications, Inc. (a)(d)	43,838		366,047
Frontier Communications Corp. (d)	931,518		3,856,485
General Communications, Inc. Class A (a)	33,964		286,996
Hawaiian Telcom Holdco, Inc. (a)	11,736		226,153
HickoryTech Corp.	2,523		23,691
IDT Corp. Class B	44,765		452,574
inContact, Inc. (a)(d)	42,838		290,870
Iridium Communications, Inc. (a)	61,404		375,178
Level 3 Communications, Inc. (a)(d)	161,071		3,218,199
Lumos Networks Corp.	15,837		180,859
Neutral Tandem, Inc.	28,172		96,630
ORBCOMM, Inc. (a)	20,031		88,337
Premiere Global Services, Inc. (a)	64,433		687,500
Primus Telecommunications Group, Inc.	10,437		114,703
Towerstream Corp. (a)(d)	39,383		98,064
tw telecom, inc. (a)	129,225		3,271,977
Verizon Communications, Inc.	2,670,665		124,266,042
Vonage Holdings Corp. (a)	140,662		371,348
Windstream Corp. (d)	539,024		4,630,216
			359,102,261
Wireless Telecommunication Services - 0.3%
Boingo Wireless, Inc. (a)	15,589		94,781
Clearwire Corp. Class A (a)	410,997		1,282,311
Crown Castle International Corp. (a)	268,137		18,715,963
Leap Wireless International, Inc. (a)(d)	51,525		275,659
MetroPCS Communications, Inc. (a)	316,592		3,102,602
NII Holdings, Inc. (a)(d)	144,839		698,124
NTELOS Holdings Corp.	10,948		136,631
SBA Communications Corp. Class A (a)(d)	109,238		7,769,007
Shenandoah Telecommunications Co.	22,919		330,263
Sprint Nextel Corp. (a)	2,784,811		16,151,904
Common Stocks - continued
	Shares		Value
TELECOMMUNICATION SERVICES - continued
Wireless Telecommunication Services - continued
Telephone & Data Systems, Inc.	98,546		$ 2,255,718
U.S. Cellular Corp. (a)(d)	27,310		1,004,735
USA Mobility, Inc.	43,148		501,380
			52,319,078
TOTAL TELECOMMUNICATION SERVICES			411,421,339
UTILITIES - 3.5%
Electric Utilities - 1.8%
Allete, Inc.	33,215		1,561,105
American Electric Power Co., Inc.	446,091		20,872,598
Cleco Corp. (d)	54,483		2,413,597
Duke Energy Corp.	665,471		46,083,867
Edison International	298,039		14,314,813
El Paso Electric Co.	44,691		1,490,445
Empire District Electric Co.	52,048		1,114,348
Entergy Corp.	167,660		10,438,512
Exelon Corp.	798,134		24,734,173
FirstEnergy Corp.	388,361		15,332,492
Great Plains Energy, Inc.	136,077		2,970,561
Hawaiian Electric Industries, Inc.	99,172		2,676,652
IDACORP, Inc.	44,055		2,056,928
ITC Holdings Corp.	54,901		4,640,233
MGE Energy, Inc.	22,576		1,211,880
NextEra Energy, Inc.	396,901		28,525,275
Northeast Utilities	298,461		12,389,116
NV Energy, Inc.	198,898		3,930,224
OGE Energy Corp.	100,519		5,821,055
Otter Tail Corp.	43,707		1,262,695
Pepco Holdings, Inc.	198,406		4,025,658
Pinnacle West Capital Corp.	94,072		5,262,388
PNM Resources, Inc.	67,114		1,507,380
Portland General Electric Co.	65,957		1,958,263
PPL Corp.	531,780		16,389,460
Southern Co.	819,798		36,899,108
UIL Holdings Corp.	48,015		1,880,267
Unitil Corp.	19,695		539,249
UNS Energy Corp.	32,111		1,509,859
Westar Energy, Inc. (d)	117,240		3,636,785
Xcel Energy, Inc.	463,832		13,311,978
			290,760,964
Gas Utilities - 0.3%
AGL Resources, Inc.	117,679		4,702,453
Atmos Energy Corp.	80,528		3,073,754
Chesapeake Utilities Corp.	10,363		497,735
Delta Natural Gas Co., Inc.	3,078		60,144
Gas Natural, Inc.	3,100		30,814
Laclede Group, Inc.	27,494		1,120,655
National Fuel Gas Co. (d)	80,051		4,658,168

	Shares		Value
New Jersey Resources Corp.	32,715		$ 1,457,780
Northwest Natural Gas Co.	34,699		1,580,539
ONEOK, Inc.	190,309		8,562,002
Piedmont Natural Gas Co., Inc. (d)	66,004		2,127,969
Questar Corp.	154,003		3,620,611
South Jersey Industries, Inc.	25,563		1,409,544
Southwest Gas Corp.	43,172		1,955,692
UGI Corp.	101,658		3,641,390
WGL Holdings, Inc.	48,285		2,036,178
			40,535,428
Independent Power Producers & Energy Traders - 0.2%
American DG Energy, Inc. (a)(d)	24,722		54,388
Black Hills Corp.	38,823		1,614,649
Calpine Corp. (a)(d)	357,032		6,569,389
Dynegy, Inc. (a)(d)	83,582		1,635,700
Genie Energy Ltd. Class B	11,430		80,239
NRG Energy, Inc.	283,859		6,812,616
Ormat Technologies, Inc. (d)	29,840		609,930
Synthesis Energy Systems, Inc. (a)(d)	39,903		42,696
The AES Corp.	613,866		7,133,123
			24,552,730
Multi-Utilities - 1.1%
Alliant Energy Corp.	123,112		5,871,211
Ameren Corp.	230,451		7,786,939
Avista Corp.	62,033		1,624,644
CenterPoint Energy, Inc.	384,116		8,231,606
CH Energy Group, Inc.	22,364		1,456,567
CMS Energy Corp.	217,136		5,777,989
Consolidated Edison, Inc.	267,067		15,756,953
Dominion Resources, Inc.	535,722		30,000,432
DTE Energy Co.	174,595		11,662,946
Integrys Energy Group, Inc.	70,869		4,009,059
MDU Resources Group, Inc.	177,407		4,286,153
NiSource, Inc.	277,276		7,680,545
NorthWestern Energy Corp.	42,329		1,649,984
PG&E Corp.	400,233		17,065,935
Public Service Enterprise Group, Inc.	481,767		15,700,787
SCANA Corp.	137,776		6,728,980
Sempra Energy	209,790		16,313,270
TECO Energy, Inc.	187,457		3,233,633
Vectren Corp.	88,091		2,907,003
Wisconsin Energy Corp.	210,137		8,678,658
			176,423,294
Water Utilities - 0.1%
American States Water Co. (d)	26,442		1,400,368
American Water Works Co., Inc.	164,099		6,473,706
Aqua America, Inc. (d)	151,195		4,404,310
Artesian Resources Corp. Class A	8,755		194,799
Cadiz, Inc. (a)(d)	5,759		38,816
California Water Service Group	51,749		1,038,085
Connecticut Water Service, Inc.	5,010		149,599
Middlesex Water Co.	7,054		137,271
Common Stocks - continued
	Shares		Value
UTILITIES - continued
Water Utilities - continued
Pure Cycle Corp. (a)	13,598		$ 54,528
SJW Corp.	12,324		326,709
York Water Co.	5,248		96,878
			14,315,069
TOTAL UTILITIES			546,587,485
TOTAL COMMON STOCKS (Cost $12,541,206,142)		15,617,207,824

U.S. Treasury Obligations - 0.1%
	Principal Amount
U.S. Treasury Bills, yield at date of purchase 0.08% to 0.14% 4/11/13 to 8/8/13 (e) (Cost $13,995,954)	$ 14,000,000	13,995,829

Money Market Funds - 9.9%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	251,050,200		251,050,200
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	1,320,680,268		1,320,680,268
TOTAL MONEY MARKET FUNDS (Cost $1,571,730,468)		1,571,730,468
TOTAL INVESTMENT PORTFOLIO - 108.7% (Cost $14,126,932,564)		17,202,934,121
NET OTHER ASSETS (LIABILITIES) - (8.7)%		(1,379,225,564)
NET ASSETS - 100%		$ 15,823,708,557

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
Purchased
Equity Index Contracts
288 CME S&P 500 Index Contracts	March 2013	$ 108,957,600	$ 6,174,424
749 CME E-mini S&P 500 Index Contracts	March 2013	56,673,085	3,298,524
110 CME E-mini S&P MidCap 400 Index Contracts	March 2013	12,118,700	948,344
266 NYFE Russell 2000 Mini Index Contracts	March 2013	24,211,320	2,022,798
TOTAL EQUITY INDEX CONTRACTS		$ 201,960,705	$ 12,444,090

The face value of futures purchased as a percentage of net assets is 1.4%

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $11,776,149.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 287,077
Fidelity Securities Lending Cash Central Fund	7,094,866
Total	$ 7,381,943

Other Information

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 1,900,846,570	$ 1,900,846,570	$ -	$ -
Consumer Staples	1,474,260,627	1,474,260,627	-	-
Energy	1,606,396,650	1,606,396,650	-	-
Financials	2,687,885,279	2,687,883,265	-	2,014
Health Care	1,871,399,851	1,871,399,850	-	1
Industrials	1,760,126,554	1,760,119,350	7,204	-
Information Technology	2,751,342,683	2,751,342,683	-	-
Materials	606,940,786	606,940,786	-	-
Telecommunication Services	411,421,339	411,421,339	-	-
Utilities	546,587,485	546,587,485	-	-
U.S. Government and Government Agency Obligations	13,995,829	-	13,995,829	-
Money Market Funds	1,571,730,468	1,571,730,468	-	-
Total Investments in Securities:	$ 17,202,934,121	$ 17,188,929,073	$ 14,003,033	$ 2,015
Derivative Instruments:
Assets
Futures Contracts	$ 12,444,090	$ 12,444,090	$ -	$ -

Value of Derivative Instruments

Risk Exposure / Derivative Type	Value
	Asset	Liability
Equity Risk
Futures Contracts (a)	$ 12,444,090	$ -
Total Value of Derivatives	$ 12,444,090	$ -

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan Total Market Index Fund

Financial Statements

Statement of Assets and Liabilities

	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $1,287,151,025) - See accompanying schedule: Unaffiliated issuers (cost $12,555,202,096)	$ 15,631,203,653
Fidelity Central Funds (cost $1,571,730,468)	1,571,730,468
Total Investments (cost $14,126,932,564)		$ 17,202,934,121
Receivable for investments sold		3,035,785
Receivable for fund shares sold		11,984,080
Dividends receivable		33,542,246
Distributions receivable from Fidelity Central Funds		558,348
Receivable from investment adviser for expense reductions		160,619
Other receivables		178,407
Total assets		17,252,393,606

Liabilities
Payable to custodian bank	$ 126,989
Payable for investments purchased	56,679,963
Payable for fund shares redeemed	49,799,670
Accrued management fee	591,657
Payable for daily variation margin on futures contracts	333,124
Other affiliated payables	297,617
Other payables and accrued expenses	175,761
Collateral on securities loaned, at value	1,320,680,268
Total liabilities		1,428,685,049

Net Assets		$ 15,823,708,557
Net Assets consist of:
Paid in capital		$ 13,071,285,937
Undistributed net investment income		46,240,356
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions		(382,263,383)
Net unrealized appreciation (depreciation) on investments		3,088,445,647
Net Assets		$ 15,823,708,557

Statement of Assets and Liabilities - continued

	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($1,305,435,209 ÷ 29,633,769 shares)		$ 44.05

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($10,262,591,611 ÷ 232,944,649 shares)		$ 44.06

Institutional Class: Net Asset Value, offering price and redemption price per share ($876,155,329 ÷ 19,889,560 shares)		$ 44.05

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($546,328,608 ÷ 12,402,872 shares)		$ 44.05

Class F: Net Asset Value, offering price and redemption price per share ($2,833,197,800 ÷ 64,302,504 shares)		$ 44.06

See accompanying notes which are an integral part of the financial statements.

Annual Report

Statement of Operations

	Year ended February 28, 2013

Investment Income
Dividends		$ 298,854,280
Interest		13,404
Income from Fidelity Central Funds		7,381,943
Total income		306,249,627

Expenses
Management fee	$ 6,141,448
Transfer agent fees	3,688,553
Independent trustees' compensation	87,852
Miscellaneous	34,265
Total expenses before reductions	9,952,118
Expense reductions	(397,071)	9,555,047
Net investment income (loss)		296,694,580
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	52,234,181
Foreign currency transactions	1,127
Futures contracts	27,632,420
Total net realized gain (loss)		79,867,728
Change in net unrealized appreciation (depreciation) on: Investment securities	1,451,980,584
Assets and liabilities in foreign currencies	(221)
Futures contracts	220,387
Total change in net unrealized appreciation (depreciation)		1,452,200,750
Net gain (loss)		1,532,068,478
Net increase (decrease) in net assets resulting from operations		$ 1,828,763,058

Statement of Changes in Net Assets

	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 296,694,580	$ 209,840,887
Net realized gain (loss)	79,867,728	578,441,424
Change in net unrealized appreciation (depreciation)	1,452,200,750	(263,122,528)
Net increase (decrease) in net assets resulting from operations	1,828,763,058	525,159,783
Distributions to shareholders from net investment income	(264,325,861)	(195,308,977)
Share transactions - net increase (decrease)	1,964,414,886	(149,356,809)
Redemption fees	275,392	378,217
Total increase (decrease) in net assets	3,529,127,475	180,872,214

Net Assets
Beginning of period	12,294,581,082	12,113,708,868
End of period (including undistributed net investment income of $46,240,356 and undistributed net investment income of $27,909,802, respectively)	$ 15,823,708,557	$ 12,294,581,082

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 38.56	$ 31.54	$ 20.60	$ 37.25
Income from Investment Operations
Net investment income (loss)^B	.87	.68	.61	.56	.70
Net realized and unrealized gain (loss)	4.40	.96	7.03	10.96	(16.70)
Total from investment operations	5.27	1.64	7.64	11.52	(16.00)
Distributions from net investment income	(.77)	(.65)	(.60)	(.57)	(.64)
Distributions from net realized gain	-	-	(.02)	(.02)	(.01)
Total distributions	(.77)	(.65)	(.62)	(.58)^I	(.65)^H
Redemption fees added to paid in capital^{B, G}	-	-	-	-	-
Net asset value, end of period	$ 44.05	$ 39.55	$ 38.56	$ 31.54	$ 20.60
Total Return^A	13.50%	4.46%	24.39%	56.10%	(43.32)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.10%	.10%	.10%	.10%	.10%
Expenses net of fee waivers, if any	.10%	.10%	.10%	.10%	.10%
Expenses net of all reductions	.10%	.10%	.10%	.10%	.10%
Net investment income (loss)	2.15%	1.84%	1.80%	2.00%	2.23%
Supplemental Data
Net assets, end of period (000 omitted)	$ 1,305,435	$ 3,379,770	$ 6,289,666	$ 5,357,908	$ 3,358,025
Portfolio turnover rate^D	3%	17%	4%	7%	3%

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.56	$ 38.56	$ 31.54	$ 20.61	$ 37.25
Income from Investment Operations
Net investment income (loss)^B	.89	.69	.62	.57	.72
Net realized and unrealized gain (loss)	4.39	.97	7.03	10.95	(16.71)
Total from investment operations	5.28	1.66	7.65	11.52	(15.99)
Distributions from net investment income	(.78)	(.66)	(.61)	(.57)	(.65)
Distributions from net realized gain	-	-	(.02)	(.02)	(.01)
Total distributions	(.78)	(.66)	(.63)	(.59)^I	(.65)^H
Redemption fees added to paid in capital^{B, G}	-	-	-	-	-
Net asset value, end of period	$ 44.06	$ 39.56	$ 38.56	$ 31.54	$ 20.61
Total Return^A	13.53%	4.51%	24.43%	56.07%	(43.28)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.07%	.07%	.07%	.07%	.07%
Expenses net of fee waivers, if any	.07%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.07%	.07%	.07%	.07%	.07%
Net investment income (loss)	2.18%	1.87%	1.83%	2.03%	2.26%
Supplemental Data
Net assets, end of period (000 omitted)	$ 10,262,592	$ 6,536,903	$ 5,078,759	$ 3,752,204	$ 2,267,057
Portfolio turnover rate^D	3%	17%	4%	7%	3%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^B Calculated based on average shares outstanding during the period. ^C Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^F For the year ended February 29. ^G Amount represents less than $.01 per share. ^H Total distributions of $.654 per share is comprised of distributions from net investment income of $.649 and distributions from net realized gain of $.005 per share. ^I Total distributions of $.59 per share is comprised of distributions from net investment income of $.574 and distributions from net realized gain of $.015 per share.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Institutional Class

Years ended February 28,	2013	2012^{G, I}
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 34.49
Income from Investment Operations
Net investment income (loss)^D	.89	.36
Net realized and unrealized gain (loss)	4.40	5.26
Total from investment operations	5.29	5.62
Distributions from net investment income	(.79)	(.56)
Redemption fees added to paid in capital^{D, J}	-	-
Net asset value, end of period	$ 44.05	$ 39.55
Total Return^{B, C}	13.55%	16.49%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.07%	.07%^A
Expenses net of fee waivers, if any	.06%	.06%^A
Expenses net of all reductions	.06%	.06%^A
Net investment income (loss)	2.19%	2.03%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 876,155	$ 693,534
Portfolio turnover rate^F	3%	17%^K

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^{G, I}
Selected Per-Share Data
Net asset value, beginning of period	$ 39.55	$ 34.49
Income from Investment Operations
Net investment income (loss)^D	.90	.36
Net realized and unrealized gain (loss)	4.39	5.26
Total from investment operations	5.29	5.62
Distributions from net investment income	(.79)	(.56)
Redemption fees added to paid in capital^{D, J}	-	-
Net asset value, end of period	$ 44.05	$ 39.55
Total Return^{B, C}	13.57%	16.50%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.06%	.06%^A
Expenses net of fee waivers, if any	.05%^L	.05%^{A, L}
Expenses net of all reductions	.05%^L	.05%^{A, L}
Net investment income (loss)	2.20%	2.02%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 546,329	$ 189,758
Portfolio turnover rate^F	3%	17%^K

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Class F

Years ended February 28,	2013	2012^I	2011	2010^G
Selected Per-Share Data
Net asset value, beginning of period	$ 39.56	$ 38.56	$ 31.54	$ 30.10
Income from Investment Operations
Net investment income (loss)^D	.90	.69	.63	.26
Net realized and unrealized gain (loss)	4.39	.97	7.02	1.67
Total from investment operations	5.29	1.66	7.65	1.93
Distributions from net investment income	(.79)	(.66)	(.61)	(.47)
Distributions from net realized gain	-	-	(.02)	(.02)
Total distributions	(.79)	(.66)	(.63)	(.49)^K
Redemption fees added to paid in capital^{D, J}	-	-	-	-
Net asset value, end of period	$ 44.06	$ 39.56	$ 38.56	$ 31.54
Total Return^{B, C}	13.55%	4.51%	24.43%	6.42%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.05%^L	.06%	.07%	.07%^A
Expenses net of fee waivers, if any	.05%^L	.06%	.07%	.07%^A
Expenses net of all reductions	.05%^L	.06%	.07%	.07%^A
Net investment income (loss)	2.20%	1.89%	1.83%	1.98%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 2,833,198	$ 1,494,616	$ 745,283	$ 70,077
Portfolio turnover rate^F	3%	17%	4%	7%

^A Annualized ^B Total returns for periods of less than one year are not annualized. ^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^D Calculated based on average shares outstanding during the period. ^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^G For the period September 24, 2009 (commencement of sale of shares) to February 28, 2010. ^H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer-term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^I For the year ended February 29. ^J Amount represents less than $.01 per share. ^K Total distributions of $.49 per share is comprised of distributions from net investment income of $.472 and distributions from net realized gain of $.015 per share. ^L Amount represents .046%.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Notes to Financial Statements

For the period ended February 28, 2013

1. Organization.

2. Investments in Fidelity Central Funds.

The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.

3. Significant Accounting Policies.

The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value the Fund's investments by major category are as follows:

Annual Report

Notes to Financial Statements - continued

3. Significant Accounting Policies - continued

Investment Valuation - continued

Annual Report

3. Significant Accounting Policies - continued

Income Tax Information and Distributions to Shareholders - continued

Fund claimed a portion of the payment made to redeeming shareholders as a distribution for income tax purposes.

The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows:

Gross unrealized appreciation	$ 4,313,659,382
Gross unrealized depreciation	(1,277,823,266)
Net unrealized appreciation (depreciation) on securities and other investments	$ 3,035,836,116

Tax Cost	$ 14,167,098,005

The tax-based components of distributable earnings as of period end were as follows:

Undistributed ordinary income	$ 46,416,105
Capital loss carryforward	$ (329,653,844)
Net unrealized appreciation (depreciation)	$ 3,035,836,116

Fiscal year of expiration
2017	$ (82,640,415)
2018	(46,727,186)
2019	(200,286,243)
Total with expiration	$ (329,653,844)

The tax character of distributions paid was as follows:

	February 28, 2013	February 29, 2012
Ordinary Income	$ 264,325,861	$ 195,308,977

Annual Report

Notes to Financial Statements - continued

4. Derivative Instruments.

The Fund's use of derivatives increased or decreased its exposure to the following risk:

Equity Risk

5. Purchases and Sales of Investments.

Purchases and sales of securities, other than short-term securities, aggregated $2,333,261,563 and $350,473,786, respectively.

6. Fees and Other Transactions with Affiliates.

Management Fee and Expense Contract. FMR and its affiliates provide the Fund with investment management related services for which the Fund pays a monthly management fee. The management fee is based on an annual rate of .045% of the Fund's average net assets. Under the management contract, FMR pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.

Annual Report

6. Fees and Other Transactions with Affiliates - continued

Management Fee and Expense Contract - continued

Investor Class	.10%
Fidelity Advantage Class	.07%
Institutional Class	.07%
Fidelity Advantage Institutional Class	.06%

Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of FMR, is the transfer, dividend disbursing and shareholder servicing agent for each class. FIIOC receives transfer agent fees at an annual rate of .075%, .045%, .035% and .015% of average net assets for Investor Class, Fidelity Advantage Class, Institutional Class and Fidelity Advantage Institutional Class, respectively. FIIOC receives no fees for providing transfer agency services to Class F. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements.

For the period, the total transfer agent fees paid by each applicable class were as follows:

	Amount
Investor Class	$ 1,608,860
Fidelity Advantage Class	1,808,389
Institutional Class	198,032
Fidelity Advantage Institutional Class	73,272
	$ 3,688,553

7. Committed Line of Credit.

The Fund participates with other funds managed by FMR or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The Fund has agreed to pay commitment fees on its pro-rata portion of the line of credit, which amounted to $34,265 and is reflected in Miscellaneous expenses on the Statement of Operations. During the period, there were no borrowings on this line of credit.

8. Security Lending.

Annual Report

Notes to Financial Statements - continued

9. Expense Reductions.

	Expense Limitations	Reimbursement
Institutional Class	.06% / .05%*	$ 102,634
Fidelity Advantage Class	.06%*	216,903
Fidelity Advantage Institutional Class	.045%	77,053
		$ 396,590

* Expense limitation effective January 1, 2013.

10. Distributions to Shareholders.

Distributions to shareholders of each class were as follows:

	Year ended February 28, 2013	Year ended February 29, 2012 ^A
From net investment income
Investor Class	$ 58,496,193	$ 74,011,128
Fidelity Advantage Class	134,301,377	90,014,851
Institutional Class	15,312,994	6,818,791
Fidelity Advantage Institutional Class	9,729,037	2,620,049
Class F	46,486,260	21,844,158
Total	$ 264,325,861	$ 195,308,977

^A Distributions for Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

11. Share Transactions.

Transactions for each class of shares were as follows:

	Shares		Dollars
	Year ended February 28, 2013	Year ended February 29, 2012 ^A	Year ended February 28, 2013	Year ended February 29, 2012 ^A
Investor Class
Shares sold	18,000,373	37,550,760	$ 734,600,452	$ 1,388,868,676
Reinvestment of distributions	1,376,779	2,008,028	55,808,530	71,680,307
Shares redeemed	(75,188,401)	(117,221,767) ^B	(3,168,012,059)	(4,390,559,721) ^B
Net increase (decrease)	(55,811,249)	(77,662,979)	$ (2,377,603,077)	$ (2,930,010,738)
Fidelity Advantage Class
Shares sold	97,957,582	52,795,658	$ 4,121,057,430	$ 2,007,116,846
Reinvestment of distributions	2,934,640	2,192,081	119,002,705	77,894,521
Shares redeemed	(33,199,050)	(21,435,179)	(1,350,946,307)	(789,876,393)
Net increase (decrease)	67,693,172	33,552,560	$ 2,889,113,828	$ 1,295,134,974
Institutional Class
Shares sold	8,433,106	17,993,180	$ 338,510,978	$ 649,476,736
Reinvestment of distributions	377,853	194,656	15,312,994	6,818,791
Shares redeemed	(6,455,224)	(654,011)	(253,857,664)	(24,602,098)
Net increase (decrease)	2,355,735	17,533,825	$ 99,966,308	$ 631,693,429
Fidelity Advantage Institutional Class
Shares sold	10,372,973	4,871,455	$ 406,066,075	$ 179,033,674
Reinvestment of distributions	239,832	74,794	9,729,037	2,620,049
Shares redeemed	(3,007,383)	(148,799)	(124,740,192)	(5,550,895)
Net increase (decrease)	7,605,422	4,797,450	$ 291,054,920	$ 176,102,828

Annual Report

11. Share Transactions - continued

	Shares		Dollars
	Year ended February 28, 2013	Year ended February 29, 2012 ^A	Year ended February 28, 2013	Year ended February 29, 2012 ^A
Class F
Shares sold	31,085,123	22,439,089	$ 1,254,633,446	$ 826,126,384
Reinvestment of distributions	1,145,187	617,949	46,486,260	21,844,158
Shares redeemed	(5,709,687)	(4,602,865)	(239,236,799)	(170,247,844)
Net increase (decrease)	26,520,623	18,454,173	$ 1,061,882,907	$ 677,722,698

^A Share transactions for Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

^B Amount includes in-kind redemptions.

12. Other.

Annual Report

Shareholder Expense Example

The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (September 1, 2012 to February 28, 2013).

Actual Expenses

Hypothetical Example for Comparison Purposes

	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Spartan Extended Market Index
Investor Class	.10%
Actual		$ 1,000.00	$ 1,138.40	$ .53
Hypothetical^A		$ 1,000.00	$ 1,024.30	$ .50
Fidelity Advantage Class	.07%
Actual		$ 1,000.00	$ 1,138.30	$ .37
Hypothetical^A		$ 1,000.00	$ 1,024.45	$ .35
Fidelity Advantage Institutional Class	.06%
Actual		$ 1,000.00	$ 1,138.40	$ .32
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30
Spartan International Index
Investor Class	.20%
Actual		$ 1,000.00	$ 1,139.80	$ 1.06
Hypothetical^A		$ 1,000.00	$ 1,023.80	$ 1.00
Fidelity Advantage Class	.12%
Actual		$ 1,000.00	$ 1,140.00	$ .64
Hypothetical^A		$ 1,000.00	$ 1,024.20	$ .60
Institutional Class	.07%
Actual		$ 1,000.00	$ 1,140.20	$ .37
Hypothetical^A		$ 1,000.00	$ 1,024.45	$ .35
	Annualized Expense Ratio	Beginning Account Value September 1, 2012	Ending Account Value February 28, 2013	Expenses Paid During Period* September 1, 2012 to February 28, 2013
Fidelity Advantage Institutional Class	.06%
Actual		$ 1,000.00	$ 1,140.30	$ .32
Hypothetical^A		$ 1,000.00	$ 1,024.50	$ .30

^A 5% return per year before expenses

* Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 181/ 365 (to reflect the one-half year period).

Annual Report

Spartan Extended Market Index Fund

Performance: The Bottom Line

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Spartan Extended Market Index Fund - Investor Class	14.00%	7.65%	12.12%
Spartan Extended Market Index Fund - Fidelity Advantage Class ^A	14.04%	7.69%	12.14%

^A The initial offering of Fidelity Advantage Class took place on October 14, 2005. Returns prior to October 14, 2005 are those of Investor Class.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan Extended Market Index Fund - Investor Class on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the Dow Jones U.S. Completion Total Stock Market Index performed over the same period.

pmq463

Annual Report

Spartan Extended Market Index Fund

Management's Discussion of Fund Performance

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® Extended Market Index Fund: For the year, the fund's Investor Class and Fidelity Advantage® Class shares gained 14.00% and 14.04%, respectively, compared with 13.80% for the fund's benchmark, the Dow Jones U.S. Completion Total Stock Market Index^SM. Of the 10 market sectors in the index, nine generated positive performance, with energy the only exception. Among the gainers, financials and health care did the best, each generating a gain of around 20%. The fund's leading individual contributor was HollyFrontier, an independent oil refinery whose shares were up sharply during the period. Cheaper energy costs have enabled HollyFrontier and its competitors to operate more profitably. Liberty Global, a provider of video, Internet and telephone service, and shares of Starz, a media and entertainment company spun off from Liberty Global in August, also added value, as did LinkedIn, a business-oriented social media company whose stock jumped in February after the firm announced much-better-than-expected fourth-quarter earnings. One notable negative during the period was VeriFone Systems, whose shares were down roughly 60% - including 43% on a single day in late February, after the company, which makes credit-card payment terminals, predicted that Europe's poor economy would depress the company's profits. Also hurting results was Herbalife. A well-known hedge fund manager honed in on this maker of nutrition and personal care products, essentially accusing the company of operating a pyramid scheme - something the company's management has categorically denied. While the company's shares dropped sharply in December, it made up a significant portion of the decline in the subsequent months.

Annual Report

Spartan Extended Market Index Fund

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
General Motors Co.	0.6	0.4
Transocean Ltd. (United States)	0.6	0.0
Las Vegas Sands Corp.	0.6	0.6
Liberty Global, Inc. Class A	0.5	0.5
Annaly Capital Management, Inc.	0.5	0.6
Facebook, Inc. Class A	0.5	0.3
Regeneron Pharmaceuticals, Inc.	0.4	0.4
Delta Air Lines, Inc.	0.4	0.3
Liberty Media Corp. Class A	0.4	0.0
HollyFrontier Corp.	0.4	0.3
	4.9
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Financials	22.8	22.5
Consumer Discretionary	15.4	16.3
Industrials	15.3	14.1
Information Technology	14.8	15.3
Health Care	10.5	10.7
Energy	6.6	5.6
Materials	5.6	6.2
Utilities	3.6	3.7
Consumer Staples	3.2	3.3
Telecommunication Services	0.9	1.0

Annual Report

Spartan Extended Market Index Fund

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 98.7%
	Shares		Value
CONSUMER DISCRETIONARY - 15.4%
Auto Components - 0.9%
Allison Transmission Holdings, Inc.	76,706		$ 1,771,909
American Axle & Manufacturing Holdings, Inc. (a)	172,886		2,187,008
Cooper Tire & Rubber Co.	161,372		4,079,484
Dana Holding Corp.	384,916		6,439,645
Dorman Products, Inc. (d)	82,023		2,867,524
Drew Industries, Inc.	48,740		1,773,161
Exide Technologies (a)	194,496		521,249
Federal-Mogul Corp. Class A (a)	60,748		490,844
Fuel Systems Solutions, Inc. (a)(d)	31,837		442,216
Gentex Corp. (d)	355,459		6,664,856
Gentherm, Inc. (a)	70,617		1,087,502
Lear Corp.	244,133		13,041,585
Modine Manufacturing Co. (a)	132,459		1,091,462
Motorcar Parts of America, Inc. (a)	33,298		182,140
Quantum Fuel Systems Technologies Worldwide, Inc. (a)(d)	23,585		16,274
Shiloh Industries, Inc.	9,407		98,585
Spartan Motors, Inc.	62,902		332,752
Standard Motor Products, Inc.	59,935		1,482,193
Stoneridge, Inc. (a)	65,396		421,804
Strattec Security Corp.	6,920		196,874
Superior Industries International, Inc.	56,407		1,226,852
Tenneco, Inc. (a)	164,792		5,838,581
Tower International, Inc. (a)	17,465		210,279
TRW Automotive Holdings Corp. (a)	254,300		14,924,867
UQM Technologies, Inc. (a)(d)	78,497		58,873
Visteon Corp. (a)	134,057		7,812,842
			75,261,361
Automobiles - 0.8%
General Motors Co. (a)(d)	1,951,627		52,986,668
Tesla Motors, Inc. (a)(d)	179,803		6,262,538
Thor Industries, Inc. (d)	110,352		4,148,132
Winnebago Industries, Inc. (a)	74,520		1,444,198
			64,841,536
Distributors - 0.3%
Core-Mark Holding Co., Inc.	32,914		1,577,239
LKQ Corp. (a)	753,377		15,964,059
Pool Corp.	112,674		5,151,455
VOXX International Corp. (a)(d)	62,477		621,646
Weyco Group, Inc.	16,952		390,913
			23,705,312
Diversified Consumer Services - 0.7%
American Public Education, Inc. (a)(d)	44,261		1,725,294
Ascent Capital Group, Inc. (a)(d)	34,050		2,335,490
Bridgepoint Education, Inc. (a)(d)	51,097		521,700
Bright Horizons Family Solutions, Inc.	25,400		710,184
Cambium Learning Group, Inc. (a)	16,192		19,754
Capella Education Co. (a)(d)	34,672		1,097,716
Career Education Corp. (a)	137,751		440,803

	Shares		Value
Carriage Services, Inc.	49,366		$ 898,461
Coinstar, Inc. (a)(d)	76,335		3,907,589
Collectors Universe, Inc. (d)	17,833		197,411
Corinthian Colleges, Inc. (a)(d)	178,249		379,670
DeVry, Inc. (d)	163,000		4,886,740
Education Management Corp. (a)(d)	71,409		254,216
Grand Canyon Education, Inc. (a)	101,607		2,433,488
Hillenbrand, Inc.	148,874		3,675,699
ITT Educational Services, Inc. (a)(d)	44,919		618,984
K12, Inc. (a)(d)	95,189		1,984,691
Learning Tree International, Inc. (a)	12,160		46,086
LifeLock, Inc.	37,658		438,716
Lincoln Educational Services Corp.	64,172		404,925
Mac-Gray Corp.	25,136		312,189
Matthews International Corp. Class A	61,846		2,040,918
National American University Holdings, Inc.	23,237		90,392
Regis Corp. (d)	140,330		2,528,747
Service Corp. International	578,446		8,989,051
Sotheby's Class A (Ltd. vtg.) (d)	170,852		6,531,672
Steiner Leisure Ltd. (a)	31,260		1,473,909
Stewart Enterprises, Inc. Class A	181,075		1,533,705
Strayer Education, Inc. (d)	31,745		1,558,362
Universal Technical Institute, Inc.	48,727		568,157
Weight Watchers International, Inc. (d)	66,068		2,830,353
			55,435,072
Hotels, Restaurants & Leisure - 2.9%
AFC Enterprises, Inc. (a)	62,034		1,861,020
Ambassadors Group, Inc.	48,627		218,822
Ameristar Casinos, Inc.	83,030		2,175,386
ARK Restaurants Corp.	8,457		180,219
Bally Technologies, Inc. (a)(d)	110,933		5,297,051
Biglari Holdings, Inc. (a)(d)	3,343		1,251,552
BJ's Restaurants, Inc. (a)(d)	64,098		1,973,577
Bloomin' Brands, Inc.	63,870		1,099,203
Bluegreen Corp. (a)	26,636		259,967
Bob Evans Farms, Inc.	71,704		2,918,353
Boyd Gaming Corp. (a)(d)	138,515		910,044
Bravo Brio Restaurant Group, Inc. (a)	41,389		624,146
Brinker International, Inc.	188,247		6,283,685
Buffalo Wild Wings, Inc. (a)(d)	43,913		3,455,514
Burger King Worldwide, Inc.	201,153		3,671,042
Caesars Entertainment Corp. (d)	63,112		788,900
Carrols Restaurant Group, Inc. (a)(d)	55,247		293,914
CEC Entertainment, Inc.	53,783		1,626,936
Century Casinos, Inc. (a)	54,140		159,713
Choice Hotels International, Inc. (d)	86,880		3,304,046
Churchill Downs, Inc.	34,319		2,264,368
Chuys Holdings, Inc. (d)	14,879		424,200
Cosi, Inc. (a)	62,262		54,168
Cracker Barrel Old Country Store, Inc.	57,580		4,334,622
Del Frisco's Restaurant Group, Inc. (a)	13,704		241,053
Denny's Corp. (a)	245,910		1,391,851
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Hotels, Restaurants & Leisure - continued
DineEquity, Inc.	36,952		$ 2,582,575
Domino's Pizza, Inc.	143,654		6,840,803
Dover Downs Gaming & Entertainment, Inc.	28,631		66,710
Dover Motorsports, Inc.	22,686		38,566
Dunkin' Brands Group, Inc. (d)	207,385		7,704,353
Einstein Noah Restaurant Group, Inc.	16,381		220,161
Empire Resorts, Inc. (a)(d)	26,500		53,265
Entertainment Gaming Asia, Inc. (a)	41,906		82,136
Famous Dave's of America, Inc. (a)	15,087		148,456
Fiesta Restaurant Group, Inc. (a)	41,197		931,052
Frisch's Restaurants, Inc.	8,068		153,453
Full House Resorts, Inc. (a)	24,413		81,539
Gaming Partners International Corp.	1,584		12,466
Granite City Food & Brewery Ltd. (a)	2,301		4,464
Hyatt Hotels Corp. Class A (a)	136,316		5,601,224
Ignite Restaurant Group, Inc. (a)	12,461		174,952
International Speedway Corp. Class A	76,829		2,315,626
Interval Leisure Group, Inc.	95,505		1,993,189
Isle of Capri Casinos, Inc. (a)	62,455		414,077
Jack in the Box, Inc. (a)	113,324		3,587,838
Jamba, Inc. (a)(d)	190,500		533,400
Kona Grill, Inc. (a)	10,220		86,870
Krispy Kreme Doughnuts, Inc. (a)	168,974		2,230,457
Lakes Entertainment, Inc. (a)	51,180		154,564
Las Vegas Sands Corp.	901,974		46,442,641
Life Time Fitness, Inc. (a)(d)	100,324		4,227,653
Luby's, Inc. (a)	41,544		338,168
Marcus Corp.	44,387		541,965
Marriott Vacations Worldwide Corp. (a)	72,432		2,988,544
MAXXAM, Inc. (a)	8		4,840
MGM Mirage, Inc. (a)	938,375		11,720,304
Monarch Casino & Resort, Inc. (a)	28,201		283,702
Morgans Hotel Group Co. (a)	89,969		441,748
MTR Gaming Group, Inc. (a)	47,245		181,893
Multimedia Games Holding Co., Inc. (a)	77,444		1,448,203
Nathan's Famous, Inc. (a)	7,826		286,745
Norwegian Cruise Line Holdings Ltd. (d)	59,000		1,827,820
Orient Express Hotels Ltd. Class A (a)	222,453		2,297,939
Panera Bread Co. Class A (a)	70,750		11,387,213
Papa John's International, Inc. (a)	47,394		2,464,962
Penn National Gaming, Inc. (a)(d)	167,235		8,336,665
Pinnacle Entertainment, Inc. (a)	143,901		2,014,614
Premier Exhibitions, Inc. (a)	49,299		113,388
Red Lion Hotels Corp. (a)	40,106		289,164
Red Robin Gourmet Burgers, Inc. (a)(d)	45,201		1,938,219
Rick's Cabaret International, Inc. (a)	17,933		152,610
Royal Caribbean Cruises Ltd.	357,576		12,468,675
Ruby Tuesday, Inc. (a)(d)	132,312		971,170
Ruth's Hospitality Group, Inc. (a)(d)	79,897		723,867
Scientific Games Corp. Class A (a)	151,632		1,364,688

	Shares		Value
SHFL Entertainment, Inc. (a)	149,495		$ 2,370,991
Six Flags Entertainment Corp.	134,637		8,995,098
Sonic Corp. (a)(d)	134,092		1,513,899
Speedway Motorsports, Inc.	37,455		609,018
Texas Roadhouse, Inc. Class A	141,782		2,742,064
The Cheesecake Factory, Inc.	138,221		4,787,975
Town Sports International Holdings, Inc.	44,383		411,430
Vail Resorts, Inc.	91,200		5,037,888
Wendy's Co.	820,657		4,669,538
WMS Industries, Inc. (a)	135,114		3,383,255
			232,854,104
Household Durables - 1.3%
American Greetings Corp. Class A (d)	80,329		1,301,330
Bassett Furniture Industries, Inc.	26,134		380,250
Beazer Homes USA, Inc. (a)(d)	58,949		917,836
Blyth, Inc. (d)	30,867		441,089
Cavco Industries, Inc. (a)(d)	15,629		705,024
Cobra Electronics Corp. (a)	2,458		8,259
CSS Industries, Inc.	25,514		612,591
Dixie Group, Inc. (a)	9,546		40,857
Emerson Radio Corp. (a)	24,397		40,255
Ethan Allen Interiors, Inc. (d)	65,707		1,835,854
Flexsteel Industries, Inc.	13,576		312,248
Furniture Brands International, Inc. (a)(d)	96,407		87,730
Helen of Troy Ltd. (a)	82,338		3,053,093
Hooker Furniture Corp. (d)	28,322		425,113
Hovnanian Enterprises, Inc. Class A (a)(d)	270,421		1,581,963
iRobot Corp. (a)(d)	70,540		1,512,378
Jarden Corp. (d)	195,174		12,122,257
KB Home (d)	199,841		3,735,028
Kid Brands, Inc. (a)	42,456		65,382
Koss Corp.	1,389		6,876
La-Z-Boy, Inc.	136,599		2,502,494
Libbey, Inc. (a)	55,448		1,017,471
Lifetime Brands, Inc.	17,993		195,584
M.D.C. Holdings, Inc.	95,439		3,667,721
M/I Homes, Inc. (a)(d)	59,187		1,355,382
Meritage Homes Corp. (a)(d)	84,822		3,434,443
Mohawk Industries, Inc. (a)	145,243		15,398,663
NACCO Industries, Inc. Class A	15,913		924,386
NVR, Inc. (a)	11,951		12,060,949
Ryland Group, Inc.	112,867		4,031,609
Sealy Corp., Inc. (a)(d)	239,859		522,893
Skullcandy, Inc. (a)(d)	35,352		215,647
Skyline Corp. (a)	14,802		67,941
Standard Pacific Corp. (a)(d)	272,235		2,215,993
Stanley Furniture Co., Inc. (a)	37,789		175,341
Tempur-Pedic International, Inc. (a)(d)	149,070		6,122,305
Toll Brothers, Inc. (a)	375,191		12,801,517
TRI Pointe Homes, Inc.	33,900		623,760
Tupperware Brands Corp.	142,523		11,149,574
Universal Electronics, Inc. (a)(d)	42,510		830,645
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Household Durables - continued
Wells-Gardner Electronics Corp. (a)	4,238		$ 8,222
Zagg, Inc. (a)(d)	58,700		430,271
			108,938,224
Internet & Catalog Retail - 0.6%
1-800-FLOWERS.com, Inc. Class A (a)	119,868		515,432
Blue Nile, Inc. (a)(d)	34,050		1,155,317
CafePress, Inc.	18,875		131,181
dELiA*s, Inc. (a)	47,804		49,238
Gaiam, Inc. Class A (a)(d)	35,599		129,580
Geeknet, Inc. (a)	16,239		259,986
Groupon, Inc. Class A (a)(d)	689,498		3,123,426
Hollywood Media Corp. (a)	72,242		96,082
HomeAway, Inc. (a)	87,491		2,580,985
HSN, Inc.	102,794		5,499,479
Kayak Software Corp. (d)	8,136		324,382
Liberty Media Corp.:
Interactive Series A (a)	1,307,488		27,300,349
Series A (a)	72,200		5,212,840
NutriSystem, Inc. (d)	57,407		472,460
Orbitz Worldwide, Inc. (a)	57,753		246,028
Overstock.com, Inc. (a)(d)	32,352		375,930
PetMed Express, Inc.	45,901		580,648
Shutterfly, Inc. (a)	75,702		3,276,383
U.S. Auto Parts Network, Inc. (a)	28,450		37,270
ValueVision Media, Inc. Class A (a)(d)	73,905		193,631
Vitacost.com, Inc. (a)(d)	55,838		412,643
			51,973,270
Leisure Equipment & Products - 0.4%
Arctic Cat, Inc. (a)(d)	32,216		1,170,407
Black Diamond, Inc. (a)(d)	60,682		484,242
Brunswick Corp. (d)	226,186		8,242,218
Callaway Golf Co.	169,550		1,139,376
Escalade, Inc.	6,336		36,622
JAKKS Pacific, Inc. (d)	48,535		591,156
Johnson Outdoors, Inc. Class A (a)	11,512		263,395
Leapfrog Enterprises, Inc. Class A (a)(d)	119,221		1,021,724
Marine Products Corp.	22,297		149,836
Meade Instruments Corp. (a)	201		322
Nautilus, Inc. (a)	71,481		408,871
Polaris Industries, Inc.	161,373		14,099,159
Smith & Wesson Holding Corp. (a)(d)	163,613		1,562,504
Steinway Musical Instruments, Inc. (a)	17,768		399,069
Sturm, Ruger & Co., Inc. (d)	53,045		2,896,787
Summer Infant, Inc. (a)	37,416		75,954
			32,541,642
Media - 2.7%
A.H. Belo Corp. Class A	45,144		227,074
AMC Networks, Inc. Class A (a)	146,257		8,395,152
Arbitron, Inc.	64,979		3,043,616
Ballantyne of Omaha, Inc. (a)	47,765		172,432

	Shares		Value
Beasley Broadcast Group, Inc. Class A (d)	4,117		$ 21,491
Belo Corp. Series A	257,053		2,220,938
Carmike Cinemas, Inc. (a)	41,423		648,684
Central European Media Enterprises Ltd. Class A (a)(d)	83,990		439,268
Charter Communications, Inc. Class A (a)	114,400		9,883,016
Cinemark Holdings, Inc.	254,815		7,083,857
Clear Channel Outdoor Holding, Inc. Class A	93,060		707,256
Crown Media Holdings, Inc. Class A (a)(d)	89,832		172,477
Cumulus Media, Inc. Class A (a)(d)	145,433		475,566
Dex One Corp. (a)	104,262		185,586
Digital Cinema Destinations Co.	8,182		48,928
Digital Generation, Inc. (a)(d)	69,421		538,013
DISH Network Corp. Class A	580,877		20,214,520
DreamWorks Animation SKG, Inc. Class A (a)(d)	185,384		3,077,374
E.W. Scripps Co. Class A (a)	90,471		977,992
Emmis Communications Corp. Class A (a)	80,456		129,534
Entercom Communications Corp. Class A (a)(d)	52,600		395,026
Entravision Communication Corp. Class A	171,104		342,208
FAB Universal Corp. (a)(d)	15,525		54,338
Fisher Communications, Inc.	18,212		669,655
Gray Television, Inc. (a)	114,472		477,348
Harris Interactive, Inc. (a)	49,977		82,462
Harte-Hanks, Inc.	112,719		819,467
Insignia Systems, Inc. (a)(d)	22,896		44,189
John Wiley & Sons, Inc. Class A	127,316		4,657,219
Journal Communications, Inc. Class A (a)	87,795		480,239
Lamar Advertising Co. Class A (a)	145,198		6,713,956
Liberty Global, Inc. Class A (a)(d)	625,051		43,059,763
Liberty Media Corp. Class A (a)	284,004		30,672,432
LIN TV Corp. Class A (a)	76,893		874,273
Live Nation Entertainment, Inc. (a)	374,586		3,966,866
Martha Stewart Living Omnimedia, Inc. Class A (a)	61,948		159,206
Media General, Inc. Class A (a)(d)	50,209		245,522
Meredith Corp. (d)	89,189		3,747,722
Morningstar, Inc.	62,709		4,300,583
National CineMedia, Inc.	141,197		2,153,254
Navarre Corp. (a)	74,677		150,101
Nexstar Broadcasting Group, Inc. Class A	53,895		800,880
NTN Communications, Inc. (a)	49,847		10,971
Outdoor Channel Holdings, Inc.	45,301		338,398
Pandora Media, Inc. (a)(d)	246,406		3,006,153
Radio One, Inc. Class D (non-vtg.) (a)(d)	89,989		129,584
ReachLocal, Inc. (a)(d)	35,865		449,388
Reading International, Inc. Class A (a)	33,132		182,226
Regal Entertainment Group Class A (d)	219,584		3,440,881
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Media - continued
Rentrak Corp. (a)(d)	22,587		$ 472,068
RLJ Entertainment, Inc. (a)	42,349		167,279
Saga Communications, Inc. Class A	9,540		418,806
Salem Communications Corp. Class A	20,080		126,102
Scholastic Corp. (d)	68,051		2,048,335
Shutterstock, Inc.	11,144		363,294
Sinclair Broadcast Group, Inc. Class A	127,974		1,801,874
Sirius XM Radio, Inc. (d)	8,343,866		25,865,985
Spanish Broadcasting System, Inc. Class A (a)	17,489		43,897
SPAR Group, Inc. (a)	4,346		7,997
Starz - Liberty Capital Series A (a)	281,219		5,219,425
SuperMedia, Inc. (a)(d)	55,648		224,818
The Madison Square Garden Co. Class A (a)	154,191		8,622,361
The McClatchy Co. Class A (a)(d)	133,924		348,202
The New York Times Co. Class A (a)	312,545		3,022,310
Valassis Communications, Inc. (d)	103,593		2,847,772
Value Line, Inc.	1,396		13,443
World Wrestling Entertainment, Inc. Class A	81,907		682,285
			223,383,337
Multiline Retail - 0.3%
ALCO Stores, Inc. (a)(d)	8,410		66,691
Big Lots, Inc. (a)	144,800		4,821,840
Dillard's, Inc. Class A	83,865		6,682,363
Fred's, Inc. Class A (d)	107,249		1,455,369
Gordmans Stores, Inc. (a)	23,635		314,582
Saks, Inc. (a)(d)	251,611		2,868,365
Sears Holdings Corp. (a)(d)	91,998		4,139,910
The Bon-Ton Stores, Inc. (d)	31,972		343,060
Tuesday Morning Corp. (a)	98,488		876,543
			21,568,723
Specialty Retail - 3.3%
Aarons, Inc. Class A	180,314		4,920,769
Advance Auto Parts, Inc.	185,879		14,190,003
Aeropostale, Inc. (a)(d)	217,864		2,836,589
America's Car Mart, Inc. (a)	24,361		1,163,481
American Eagle Outfitters, Inc.	455,789		9,425,717
ANN, Inc. (a)	124,977		3,535,599
Appliance Recycling Centers of America, Inc. (a)	2,967		4,213
Asbury Automotive Group, Inc. (a)	76,736		2,590,607
Ascena Retail Group, Inc. (a)	321,579		5,399,311
Barnes & Noble, Inc. (a)(d)	96,172		1,513,747
bebe Stores, Inc.	123,042		487,246
Big 5 Sporting Goods Corp.	45,760		713,398
Body Central Corp. (a)	37,768		291,191
Books-A-Million, Inc. (a)(d)	28,953		70,645
Brown Shoe Co., Inc. (d)	105,571		1,731,364
Build-A-Bear Workshop, Inc. (a)	42,241		210,360

	Shares		Value
Cabela's, Inc. Class A (a)	118,130		$ 5,976,197
Cache, Inc. (a)(d)	37,741		162,286
Chico's FAS, Inc. (d)	415,690		7,058,416
Christopher & Banks Corp. (a)	115,035		695,962
Citi Trends, Inc. (a)	33,140		341,011
Coldwater Creek, Inc. (a)(d)	34,874		125,198
Conn's, Inc. (a)(d)	54,789		1,755,440
Destination Maternity Corp.	25,288		566,198
Destination XL Group, Inc. (a)	107,460		487,868
Dick's Sporting Goods, Inc.	245,359		12,267,950
Dover Saddlery, Inc. (a)	1,537		5,871
DSW, Inc. Class A	80,873		5,474,293
Express, Inc. (a)	220,196		4,073,626
Finish Line, Inc. Class A	125,201		2,267,390
Five Below, Inc. (d)	23,309		927,698
Foot Locker, Inc.	378,452		12,939,274
Francescas Holdings Corp. (a)(d)	85,644		2,179,640
Genesco, Inc. (a)	62,055		3,641,387
GNC Holdings, Inc.	195,746		8,025,586
Group 1 Automotive, Inc.	57,507		3,320,454
Guess?, Inc. (d)	149,730		4,146,024
Hastings Entertainment, Inc.	13,630		28,623
Haverty Furniture Companies, Inc.	46,862		859,918
hhgregg, Inc. (a)(d)	51,212		479,344
Hibbett Sports, Inc. (a)(d)	73,219		3,868,892
Hot Topic, Inc.	107,234		1,158,127
Jos. A. Bank Clothiers, Inc. (a)(d)	68,429		2,839,804
Kirkland's, Inc. (a)	44,730		520,657
Lithia Motors, Inc. Class A (sub. vtg.)	52,852		2,172,217
Lumber Liquidators Holdings, Inc. (a)(d)	67,415		3,990,294
MarineMax, Inc. (a)	54,407		704,571
Mattress Firm Holding Corp. (a)(d)	24,340		677,869
Monro Muffler Brake, Inc. (d)	74,466		2,758,965
New York & Co., Inc. (a)	66,787		287,852
Office Depot, Inc. (a)(d)	728,569		2,936,133
OfficeMax, Inc. (d)	212,989		2,549,478
Pacific Sunwear of California, Inc. (a)	152,515		323,332
Penske Automotive Group, Inc.	108,623		3,232,620
Perfumania Holdings, Inc. (a)	10,679		65,676
Pier 1 Imports, Inc.	278,323		6,253,918
RadioShack Corp. (d)	249,697		749,091
Rent-A-Center, Inc. (d)	153,385		5,564,808
Restoration Hardware Holdings, Inc. (d)	11,887		458,957
rue21, Inc. (a)	37,922		1,023,894
Sally Beauty Holdings, Inc. (a)	393,555		10,917,216
Sears Hometown & Outlet Stores, Inc. (a)	21,721		968,105
Select Comfort Corp. (a)(d)	140,605		2,886,621
Shoe Carnival, Inc.	42,345		822,763
Signet Jewelers Ltd. (d)	204,639		12,528,000
Sonic Automotive, Inc. Class A (sub. vtg.)	95,599		2,135,682
Stage Stores, Inc.	85,893		2,120,698
Stein Mart, Inc.	74,833		636,829
Systemax, Inc.	25,296		251,695
Tandy Leather Factory, Inc.	3,074		18,751
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
The Buckle, Inc. (d)	69,005		$ 3,092,114
The Cato Corp. Class A (sub. vtg.)	68,042		1,745,958
The Children's Place Retail Stores, Inc. (a)	66,414		3,019,180
The Men's Wearhouse, Inc.	121,263		3,409,916
The Pep Boys - Manny, Moe & Jack (a)(d)	127,903		1,423,560
Tile Shop Holdings, Inc. (a)(d)	80,742		1,423,481
Tilly's, Inc. (a)	23,212		308,255
Tractor Supply Co.	178,449		18,556,912
Trans World Entertainment Corp.	29,120		110,365
Ulta Salon, Cosmetics & Fragrance, Inc.	149,883		13,273,638
Vitamin Shoppe, Inc. (a)(d)	76,522		4,021,231
West Marine, Inc. (a)	30,261		378,565
Wet Seal, Inc. Class A (a)	251,975		740,807
Williams-Sonoma, Inc.	225,006		10,215,272
Winmark Corp.	5,172		319,733
Zale Corp. (a)	86,417		339,619
Zumiez, Inc. (a)(d)	62,820		1,438,578
			266,130,593
Textiles, Apparel & Luxury Goods - 1.2%
American Apparel, Inc. (a)(d)	88,306		117,447
Carter's, Inc. (a)	124,214		7,006,912
Charles & Colvard Ltd. (a)	24,954		88,836
Cherokee, Inc.	28,809		402,462
Columbia Sportswear Co. (d)	45,436		2,523,061
Crocs, Inc. (a)	232,029		3,517,560
Crown Crafts, Inc.	2,227		13,028
Culp, Inc.	19,568		307,413
Deckers Outdoor Corp. (a)(d)	88,109		3,554,317
Delta Apparel, Inc. (a)	17,128		280,728
DGSE Companies, Inc. (a)	6,929		42,267
Fifth & Pacific Companies, Inc. (a)(d)	283,485		5,128,244
Forward Industries, Inc. (NY Shares) (a)	18,823		36,893
G-III Apparel Group Ltd. (a)(d)	43,174		1,575,851
Hanesbrands, Inc. (a)	241,533		9,574,368
Iconix Brand Group, Inc. (a)(d)	168,100		3,970,522
Joe's Jeans, Inc. (a)	112,776		156,759
K-Swiss, Inc. Class A (a)(d)	60,461		284,771
Lakeland Industries, Inc. (a)	25,549		124,935
Maidenform Brands, Inc. (a)	78,925		1,514,571
Michael Kors Holdings Ltd. (a)	298,548		17,697,925
Movado Group, Inc.	44,549		1,605,546
Oxford Industries, Inc.	39,771		1,933,268
Perry Ellis International, Inc.	47,883		776,662
Quiksilver, Inc. (a)	310,754		1,942,213
R.G. Barry Corp.	22,932		282,981
Rocky Brands, Inc. (a)	16,536		228,528
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)	99,983		2,089,645
Steven Madden Ltd. (a)	105,647		4,657,976
Superior Uniform Group, Inc.	5,649		65,811

	Shares		Value
Tandy Brands Accessories, Inc. (a)	1,058		$ 751
The Jones Group, Inc.	206,755		2,385,953
True Religion Apparel, Inc.	71,106		1,897,819
Tumi Holdings, Inc. (d)	48,911		1,156,256
Under Armour, Inc. Class A (sub. vtg.) (a)(d)	195,728		9,645,476
Unifi, Inc. (a)	45,178		707,487
Vera Bradley, Inc. (a)(d)	51,675		1,302,210
Wolverine World Wide, Inc. (d)	122,733		5,179,333
			93,776,785
TOTAL CONSUMER DISCRETIONARY			1,250,409,959
CONSUMER STAPLES - 3.2%
Beverages - 0.1%
Boston Beer Co., Inc. Class A (a)(d)	22,500		3,497,175
Central European Distribution Corp. (a)(d)	176,985		128,031
Coca-Cola Bottling Co. CONSOLIDATED	11,601		759,053
Craft Brew Alliance, Inc. (a)	22,005		145,453
Crystal Rock Holdings, Inc. (a)	4,384		4,472
MGP Ingredients, Inc.	21,690		89,797
National Beverage Corp.	48,005		642,307
Primo Water Corp. (a)(d)	43,402		44,270
REED'S, Inc. (a)(d)	9,804		40,294
			5,350,852
Food & Staples Retailing - 0.5%
Andersons, Inc.	43,673		2,143,471
Arden Group, Inc. Class A	3,147		286,755
Casey's General Stores, Inc. (d)	98,334		5,564,721
Chefs' Warehouse Holdings (a)	27,477		494,586
Crumbs Bake Shop, Inc. (a)(d)	21,400		54,570
Fresh Market, Inc. (a)	104,472		4,870,485
Harris Teeter Supermarkets, Inc.	124,584		5,357,112
Ingles Markets, Inc. Class A	32,319		664,479
Nash-Finch Co.	43,985		843,192
Natural Grocers by Vitamin Cottage, Inc. (d)	17,265		357,386
PriceSmart, Inc. (d)	45,845		3,399,407
Rite Aid Corp. (a)(d)	1,841,116		3,019,430
Roundy's, Inc. (d)	76,810		440,121
Spartan Stores, Inc.	52,974		882,547
SUPERVALU, Inc. (d)	545,406		2,165,262
Susser Holdings Corp. (a)	47,862		2,119,329
The Pantry, Inc. (a)	53,093		660,477
United Natural Foods, Inc. (a)	123,597		6,256,480
Village Super Market, Inc. Class A	10,961		358,973
Weis Markets, Inc.	33,559		1,357,797
			41,296,580
Food Products - 1.7%
Alico, Inc.	8,218		352,141
Annie's, Inc. (d)	27,540		1,155,578
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Food Products - continued
B&G Foods, Inc. Class A	132,996		$ 3,910,082
Boulder Brands, Inc. (a)(d)	166,496		1,418,546
Bunge Ltd. (d)	370,553		27,461,683
Cal-Maine Foods, Inc.	32,565		1,318,557
Calavo Growers, Inc. (d)	37,834		1,065,027
Chiquita Brands International, Inc. (a)	107,864		669,835
Coffee Holding Co., Inc.	4,500		33,075
Darling International, Inc. (a)	302,429		5,047,540
Diamond Foods, Inc. (d)	58,739		912,217
Dole Food Co., Inc. (a)(d)	97,530		1,092,336
Farmer Brothers Co. (a)	16,489		209,245
Flowers Foods, Inc.	301,999		8,510,332
Fresh Del Monte Produce, Inc.	108,218		2,823,408
Golden Enterprises Ltd.	2,595		8,615
Green Mountain Coffee Roasters, Inc. (a)(d)	314,504		15,020,711
Griffin Land & Nurseries, Inc.	6,082		177,473
Hain Celestial Group, Inc. (a)(d)	112,553		6,162,277
Hillshire Brands Co.	302,402		9,797,825
Ingredion, Inc.	192,887		12,769,119
Inventure Foods, Inc. (a)	25,815		190,515
J&J Snack Foods Corp.	32,646		2,259,756
John B. Sanfilippo & Son, Inc.	24,690		470,591
Lancaster Colony Corp.	51,289		3,752,816
Lifeway Foods, Inc. (d)	13,382		155,900
Limoneira Co.	16,924		333,572
Omega Protein Corp. (a)	45,997		380,855
Overhill Farms, Inc. (a)	28,537		117,002
Pilgrims Pride Corp. (a)	158,457		1,396,006
Post Holdings, Inc. (a)	78,241		3,024,797
Rocky Mountain Chocolate Factory, Inc.	795		9,763
S&W Seed Co. (a)	7,560		67,208
Sanderson Farms, Inc.	53,062		2,691,835
Seneca Foods Corp. Class A (a)	22,104		674,614
Smithfield Foods, Inc. (a)	355,784		7,912,636
Snyders-Lance, Inc.	136,755		3,386,054
Tootsie Roll Industries, Inc. (d)	71,986		2,021,367
TreeHouse Foods, Inc. (a)	92,107		5,378,128
WhiteWave Foods Co. (d)	56,182		878,686
			135,017,723
Household Products - 0.5%
Central Garden & Pet Co. Class A (non-vtg.) (a)	119,241		1,040,974
Church & Dwight Co., Inc.	347,127		21,507,989
Energizer Holdings, Inc.	156,638		14,399,731
Harbinger Group, Inc. (a)	49,662		425,603
Ocean Bio-Chem, Inc. (a)	20,307		49,752
Oil-Dri Corp. of America	15,023		413,433
Orchids Paper Products Co.	28,220		618,582

	Shares		Value
Spectrum Brands Holdings, Inc.	58,470		$ 3,162,642
WD-40 Co.	45,270		2,454,087
			44,072,793
Personal Products - 0.3%
CCA Industries, Inc.	3,083		13,164
Cyanotech Corp. (a)	3,808		16,755
Elizabeth Arden, Inc. (a)	63,196		2,458,324
Herbalife Ltd. (d)	275,536		11,101,345
Inter Parfums, Inc.	38,625		967,943
LifeVantage Corp. (a)(d)	307,054		776,847
Mannatech, Inc. (a)	1,576		9,062
MediFast, Inc. (a)(d)	33,601		778,871
Natural Alternatives International, Inc. (a)	20,104		97,102
Nature's Sunshine Products, Inc. (d)	23,769		343,700
Nu Skin Enterprises, Inc. Class A (d)	135,340		5,576,008
Nutraceutical International Corp.	24,021		393,704
Prestige Brands Holdings, Inc. (a)(d)	128,511		3,057,277
Reliv International, Inc.	10,690		12,614
Revlon, Inc. (a)	42,260		952,963
Star Scientific, Inc. (a)(d)	300,350		531,620
The Female Health Co.	51,052		362,469
United-Guardian, Inc.	5,269		103,272
USANA Health Sciences, Inc. (a)(d)	28,896		1,279,804
			28,832,844
Tobacco - 0.1%
Alliance One International, Inc. (a)(d)	300,348		1,120,298
Universal Corp. (d)	61,283		3,418,979
Vector Group Ltd.	134,227		2,154,343
			6,693,620
TOTAL CONSUMER STAPLES			261,264,412
ENERGY - 6.6%
Energy Equipment & Services - 2.9%
Atwood Oceanics, Inc. (a)	142,145		7,270,717
Basic Energy Services, Inc. (a)(d)	97,645		1,428,546
Bolt Technology Corp.	26,764		417,518
Bristow Group, Inc.	92,236		5,373,669
C&J Energy Services, Inc. (a)(d)	106,271		2,571,758
Cal Dive International, Inc. (a)(d)	284,336		514,648
Carbo Ceramics, Inc. (d)	48,910		4,441,028
Dawson Geophysical Co. (a)	20,415		630,824
Dresser-Rand Group, Inc. (a)	191,531		11,809,801
Dril-Quip, Inc. (a)	92,209		7,582,346
ENGlobal Corp. (a)	44,577		25,855
Era Group, Inc. (a)(d)	52,976		1,069,585
Exterran Holdings, Inc. (a)(d)	177,122		4,468,788
Forbes Energy Services Ltd. (a)	18,498		57,344
Forum Energy Technologies, Inc. (d)	43,209		1,152,816
Geospace Technologies Corp. (a)	32,986		3,210,198
Global Geophysical Services, Inc. (a)	59,223		138,582
GreenHunter Energy, Inc.	33,031		54,831
Gulf Island Fabrication, Inc.	36,952		879,827
Common Stocks - continued
	Shares		Value
ENERGY - continued
Energy Equipment & Services - continued
Gulfmark Offshore, Inc. Class A	60,904		$ 2,175,491
Helix Energy Solutions Group, Inc. (a)	244,902		5,733,156
Hercules Offshore, Inc. (a)	391,716		2,655,834
Hornbeck Offshore Services, Inc. (a)	78,367		3,330,598
ION Geophysical Corp. (a)(d)	301,102		1,999,317
Key Energy Services, Inc. (a)	409,435		3,512,952
Lufkin Industries, Inc.	85,656		5,548,796
Matrix Service Co. (a)	80,487		1,252,378
McDermott International, Inc. (a)	591,370		7,522,226
Mitcham Industries, Inc. (a)(d)	24,562		377,027
Natural Gas Services Group, Inc. (a)	25,396		443,414
Newpark Resources, Inc. (a)(d)	229,137		2,018,697
Oceaneering International, Inc.	271,671		17,275,559
Oil States International, Inc. (a)	137,492		10,470,016
Parker Drilling Co. (a)	300,835		1,431,975
Patterson-UTI Energy, Inc.	373,102		8,708,201
PHI, Inc. (non-vtg.) (a)(d)	30,743		969,942
Pioneer Energy Services Corp. (a)(d)	162,463		1,418,302
RigNet, Inc. (a)	21,464		421,124
RPC, Inc. (d)	172,703		2,794,335
SEACOR Holdings, Inc.	52,976		3,680,772
Superior Energy Services, Inc. (a)	396,916		10,498,428
Tesco Corp. (a)	79,469		1,010,051
TETRA Technologies, Inc. (a)(d)	232,603		2,146,926
TGC Industries, Inc.	33,924		324,653
Tidewater, Inc.	131,475		6,222,712
Transocean Ltd. (United States)	917,192		47,969,142
Unit Corp. (a)	116,878		5,315,611
Weatherford International Ltd. (a)	1,925,162		22,870,925
Willbros Group, Inc. (a)	121,921		822,967
			234,020,208
Oil, Gas & Consumable Fuels - 3.7%
Abraxas Petroleum Corp. (a)(d)	199,696		409,377
Adams Resources & Energy, Inc.	9,909		394,477
Alon USA Energy, Inc.	31,382		611,635
Alpha Natural Resources, Inc. (a)(d)	563,413		4,496,036
Amyris, Inc. (a)(d)	87,431		256,173
APCO Oil and Gas International, Inc.	35,459		471,605
Approach Resources, Inc. (a)(d)	79,168		1,959,408
Arch Coal, Inc.	541,228		2,830,622
Barnwell Industries, Inc. (a)	11,298		37,622
Berry Petroleum Co. Class A	117,462		5,376,236
Bill Barrett Corp. (a)(d)	119,719		2,160,928
BioFuel Energy Corp. (a)(d)	12,280		62,014
Bonanza Creek Energy, Inc. (a)	58,252		1,970,665
BPZ Energy, Inc. (a)(d)	231,220		568,801
Callon Petroleum Co. (a)(d)	102,790		554,038
Carrizo Oil & Gas, Inc. (a)(d)	88,923		2,088,801
Ceres, Inc.	5,147		20,639
Cheniere Energy, Inc. (a)	562,001		11,970,621
Cimarex Energy Co.	218,261		14,691,148

	Shares		Value
Clayton Williams Energy, Inc. (a)	25,327		$ 1,005,482
Clean Energy Fuels Corp. (a)(d)	162,673		2,046,426
Cloud Peak Energy, Inc. (a)(d)	159,111		2,727,163
Cobalt International Energy, Inc. (a)(d)	446,399		11,012,663
Comstock Resources, Inc. (a)(d)	114,751		1,620,284
Concho Resources, Inc. (a)	263,596		23,713,096
Contango Oil & Gas Co.	35,742		1,385,360
Continental Resources, Inc. (a)(d)	144,329		12,700,952
Crimson Exploration, Inc. (a)	84,713		273,623
Crosstex Energy, Inc.	142,544		2,376,208
Cubic Energy, Inc. (a)(d)	119,177		26,493
CVR Energy, Inc.	38,340		2,153,941
Delek US Holdings, Inc.	42,880		1,601,997
DHT Holdings, Inc.	11,700		50,310
Diamondback Energy, Inc. (d)	38,063		864,411
Double Eagle Petroleum Co. (a)	27,291		128,541
Earthstone Energy, Inc. (a)(d)	4,213		69,304
Emerald Oil, Inc. (a)	48,770		336,513
Endeavour International Corp. (a)(d)	95,560		241,767
Energen Corp.	188,178		8,701,351
EPL Oil & Gas, Inc. (a)	91,044		2,342,562
Evolution Petroleum Corp. (a)	37,375		383,094
EXCO Resources, Inc. (d)	395,728		2,627,634
FieldPoint Petroleum Corp. (a)	9,981		40,623
FieldPoint Petroleum Corp. warrants 3/23/18 (a)	9,981		8,137
Forest Oil Corp. (a)	278,186		1,613,479
FX Energy, Inc. (a)	112,401		396,776
Gasco Energy, Inc. (a)	467,214		27,098
Gastar Exploration Ltd. (a)	112,646		129,543
Gevo, Inc. (a)(d)	47,994		95,028
GMX Resources, Inc. (a)(d)	15,240		36,728
Goodrich Petroleum Corp. (a)(d)	60,895		784,937
Green Plains Renewable Energy, Inc. (a)(d)	73,502		696,064
Gulfport Energy Corp. (a)	169,441		6,938,609
Halcon Resources Corp. (a)(d)	288,868		2,050,963
Hallador Energy Co.	5,608		45,537
Harvest Natural Resources, Inc. (a)(d)	96,350		521,254
HollyFrontier Corp.	515,913		28,994,311
Houston American Energy Corp. (a)(d)	98,796		22,723
Hyperdynamics Corp. (a)(d)	455,532		236,922
Isramco, Inc. (a)(d)	2,413		238,115
James River Coal Co. (a)(d)	81,117		214,960
KiOR, Inc. Class A (a)(d)	28,186		155,305
Kodiak Oil & Gas Corp. (a)(d)	642,473		5,718,010
Laredo Petroleum Holdings, Inc. (a)(d)	62,382		1,069,227
Lucas Energy, Inc. (a)(d)	25,312		32,399
Magellan Petroleum Corp. (a)	109,622		119,488
Magnum Hunter Resources Corp. (a)(d)	378,880		1,466,266
Magnum Hunter Resources Corp. warrants 10/14/13 (a)(d)	19,383		2,520
Matador Resources Co. (d)	94,182		735,561
McMoRan Exploration Co. (a)(d)	277,068		4,458,024
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Mexco Energy Corp. (a)	2,175		$ 11,789
Midstates Petroleum Co., Inc.	73,408		547,624
Miller Energy Resources, Inc. (a)(d)	137,671		539,670
Northern Oil & Gas, Inc. (a)(d)	167,032		2,290,009
Oasis Petroleum, Inc. (a)(d)	176,586		6,480,706
Pacific Ethanol, Inc. (a)(d)	346,705		133,481
Panhandle Royalty Co. Class A	15,804		430,501
PBF Energy, Inc. Class A	60,771		2,537,189
PDC Energy, Inc. (a)	74,456		3,472,628
Penn Virginia Corp.	140,473		571,725
Petroquest Energy, Inc. (a)	165,233		634,495
Plains Exploration & Production Co. (a)	328,370		14,898,147
PostRock Energy Corp. (a)	17,510		36,246
PrimeEnergy Corp. (a)	1,965		53,979
Pyramid Oil Co. (a)	7,060		29,723
Quicksilver Resources, Inc. (a)(d)	274,950		511,407
Recovery Energy, Inc. (a)(d)	5,111		9,455
Renewable Energy Group, Inc. (a)	39,459		291,602
Rentech, Inc.	686,373		1,873,798
Resolute Energy Corp. (a)	183,571		1,868,753
Rex American Resources Corp. (a)	16,822		388,588
Rex Energy Corp. (a)(d)	105,157		1,417,516
Rosetta Resources, Inc. (a)	129,652		6,311,459
Royale Energy, Inc. (a)(d)	11,555		28,079
Sanchez Energy Corp. (a)(d)	28,101		520,150
SandRidge Energy, Inc. (a)(d)	952,892		5,431,484
Saratoga Resources, Inc. (a)	25,695		77,342
SemGroup Corp. Class A (a)	103,499		4,770,269
SM Energy Co.	168,229		9,737,095
Solazyme, Inc. (a)(d)	103,823		906,375
Stone Energy Corp. (a)	126,417		2,585,228
Swift Energy Co. (a)	108,758		1,470,408
Synergy Resources Corp. (a)	110,813		734,690
Syntroleum Corp. (a)(d)	166,427		75,724
Targa Resources Corp.	89,113		5,435,893
Teekay Corp.	95,965		3,329,986
Tengasco, Inc. (a)	63,216		42,323
Ultra Petroleum Corp. (a)(d)	389,054		6,637,261
Uranium Energy Corp. (a)(d)	202,850		468,584
Uranium Resources, Inc. (a)(d)	18,657		50,374
US Energy Corp. (a)	91,127		159,472
USEC, Inc. (a)(d)	388,801		186,624
VAALCO Energy, Inc. (a)(d)	143,600		1,164,596
Verenium Corp. (a)(d)	32,819		80,078
W&T Offshore, Inc. (d)	102,777		1,527,266
Warren Resources, Inc. (a)	175,353		459,425
Western Refining, Inc. (d)	142,982		5,131,624
Westmoreland Coal Co. (a)(d)	24,842		260,841
Whiting Petroleum Corp. (a)	298,141		14,519,467
World Fuel Services Corp.	182,117		6,925,910

	Shares		Value
ZaZa Energy Corp. (a)(d)	66,207		$ 105,269
Zion Oil & Gas, Inc. (a)(d)	112,487		134,984
			304,465,939
TOTAL ENERGY			538,486,147
FINANCIALS - 22.8%
Capital Markets - 1.6%
Affiliated Managers Group, Inc. (a)	127,332		18,619,758
Arlington Asset Investment Corp.	26,330		679,314
Artio Global Investors, Inc. Class A	122,626		333,543
BGC Partners, Inc. Class A	255,991		1,093,082
Calamos Asset Management, Inc. Class A	47,935		535,913
CIFI Corp. (a)	13,714		116,020
Cohen & Steers, Inc. (d)	46,427		1,530,698
Cowen Group, Inc. Class A (a)	250,464		653,711
Diamond Hill Investment Group, Inc.	6,707		503,159
Duff & Phelps Corp. Class A	67,634		1,051,032
Eaton Vance Corp. (non-vtg.) (d)	287,882		10,994,214
Epoch Holding Corp.	41,730		1,166,354
Evercore Partners, Inc. Class A	66,506		2,706,794
FBR Capital Markets Corp. (a)	35,461		626,241
Federated Investors, Inc. Class B (non-vtg.) (d)	237,860		5,523,109
Financial Engines, Inc. (d)	120,148		3,926,437
FirstCity Financial Corp. (a)	16,400		161,376
FXCM, Inc. Class A (d)	59,081		776,915
GAMCO Investors, Inc. Class A	14,987		801,805
GFI Group, Inc.	188,467		661,519
Gleacher & Co., Inc. (a)	185,336		108,792
Greenhill & Co., Inc.	65,068		3,954,833
HFF, Inc.	86,273		1,583,972
ICG Group, Inc. (a)	113,828		1,483,179
Institutional Financial Markets, Inc.	16,813		46,236
INTL FCStone, Inc. (a)(d)	36,432		649,947
Investment Technology Group, Inc. (a)	111,776		1,353,607
Janus Capital Group, Inc. (d)	466,069		4,315,799
JMP Group, Inc.	44,707		266,007
Knight Capital Group, Inc. Class A (a)	218,742		809,345
Ladenburg Thalmann Financial Services, Inc. (a)(d)	282,944		367,827
LPL Financial	108,618		3,424,726
Manning & Napier, Inc.	28,565		426,761
Medallion Financial Corp.	52,498		682,474
Oppenheimer Holdings, Inc. Class A (non-vtg.)	32,675		617,558
Piper Jaffray Companies (a)	44,362		1,711,042
Pzena Investment Management, Inc.	13,002		81,783
Raymond James Financial, Inc.	278,271		12,210,531
Safeguard Scientifics, Inc. (a)	52,134		789,309
SEI Investments Co.	345,205		9,758,945
Stifel Financial Corp. (a)(d)	146,990		5,077,035
SWS Group, Inc. (a)	80,179		513,947
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Capital Markets - continued
TD Ameritrade Holding Corp.	575,266		$ 10,935,807
Teton Advisors, Inc. (a)	145		2,755
U.S. Global Investments, Inc. Class A	36,632		139,202
Virtus Investment Partners, Inc. (a)	15,774		2,650,190
Waddell & Reed Financial, Inc. Class A	213,366		8,752,273
Walter Investment Management Corp. (a)	88,099		4,045,506
Westwood Holdings Group, Inc.	13,202		545,903
WisdomTree Investments, Inc. (a)	144,563		1,315,523
			131,081,808
Commercial Banks - 4.4%
1st Source Corp.	36,261		854,309
1st United Bancorp, Inc.	67,638		411,239
Access National Corp.	15,817		251,648
ACNB Corp.	11,654		192,990
Alliance Financial Corp.	11,655		518,065
Ameriana Bancorp	2,223		19,340
American National Bankshares, Inc.	18,331		370,836
American River Bankshares (a)	3,552		26,249
Ameris Bancorp (a)(d)	51,389		713,279
AmeriServ Financial, Inc. (a)	14,728		43,595
Ames National Corp.	16,110		333,477
Arrow Financial Corp. (d)	30,885		748,652
Associated Banc-Corp.	434,355		6,250,368
Auburn National Bancorp., Inc.	2,289		49,328
BancFirst Corp.	20,263		811,331
Bancorp, Inc., Delaware (a)	83,875		1,071,084
BancorpSouth, Inc.	226,260		3,461,778
Bank of Hawaii Corp.	113,009		5,468,506
Bank of Kentucky Financial Corp.	10,625		283,900
Bank of Marin Bancorp	13,108		492,730
Bank of the Ozarks, Inc.	76,156		2,923,629
BankUnited, Inc.	120,706		3,423,222
Banner Bank	46,766		1,389,418
Bar Harbor Bankshares	9,461		337,285
BBCN Bancorp, Inc.	204,648		2,533,542
BCB Bancorp, Inc. (d)	9,297		89,065
Berkshire Bancorp, Inc.	4,024		32,514
BNC Bancorp (d)	53,487		474,965
BOK Financial Corp.	75,755		4,502,120
Boston Private Financial Holdings, Inc.	194,595		1,776,652
Bridge Bancorp, Inc.	17,303		364,401
Bridge Capital Holdings (a)(d)	18,425		280,429
Bryn Mawr Bank Corp.	22,784		522,665
BSB Bancorp, Inc. (a)	19,579		258,443
C & F Financial Corp.	4,436		177,218
Camden National Corp.	16,328		553,356
Capital Bank Financial Corp.:
rights (a)	10,774		0
Series A	31,264		578,384
Capital City Bank Group, Inc. (a)(d)	33,531		383,930
CapitalSource, Inc.	542,964		4,886,676

	Shares		Value
Cardinal Financial Corp.	76,699		$ 1,221,815
Cascade Bancorp (a)(d)	30,976		186,785
Cathay General Bancorp	187,984		3,663,808
Center Bancorp, Inc.	24,871		308,400
Centerstate Banks of Florida, Inc.	66,005		559,062
Central Pacific Financial Corp. (a)	62,658		970,572
Century Bancorp, Inc. Class A (non-vtg.)	7,814		257,862
Chemical Financial Corp.	64,828		1,587,638
CIT Group, Inc. (a)	510,977		21,389,497
Citizens & Northern Corp.	30,086		586,677
Citizens Holding Co.	2,280		42,978
Citizens Republic Bancorp, Inc. (a)	109,418		2,254,011
City Holding Co. (d)	37,157		1,408,993
City National Corp. (d)	121,008		6,874,464
CNB Financial Corp., Pennsylvania	24,450		411,983
CoBiz, Inc.	133,405		1,105,927
Colony Bankcorp, Inc. (a)	4,518		24,216
Columbia Banking Systems, Inc.	105,592		2,111,840
Commerce Bancshares, Inc.	225,326		8,582,667
Community Bank System, Inc.	114,684		3,310,927
Community Partners Bancorp (a)	1,393		9,041
Community Trust Bancorp, Inc.	35,364		1,206,973
Crescent Financial Bancshares, Inc. (a)(d)	5,656		23,472
CU Bancorp (a)	16,798		206,615
Cullen/Frost Bankers, Inc.	156,785		9,494,900
CVB Financial Corp.	241,074		2,555,384
Eagle Bancorp, Inc., Maryland (a)(d)	47,604		1,033,007
East West Bancorp, Inc.	360,287		8,863,060
Eastern Virginia Bankshares, Inc. (a)	3,012		20,150
Enterprise Bancorp, Inc.	14,913		236,968
Enterprise Financial Services Corp.	42,722		597,254
Farmers Capital Bank Corp. (a)	9,906		164,935
Farmers National Banc Corp.	41,229		257,681
Fidelity Southern Corp.	15,121		167,843
Financial Institutions, Inc.	28,782		573,625
First Bancorp, North Carolina	37,879		505,306
First Bancorp, Puerto Rico (a)(d)	186,883		1,022,250
First Busey Corp.	193,866		872,397
First California Financial Group, Inc. (a)	58,547		470,718
First Citizen Bancshares, Inc.	16,304		2,927,383
First Commonwealth Financial Corp.	257,750		1,873,843
First Community Bancshares, Inc.	36,337		567,584
First Connecticut Bancorp, Inc.	29,557		422,961
First Financial Bancorp, Ohio	145,167		2,225,410
First Financial Bankshares, Inc. (d)	91,048		4,060,741
First Financial Corp., Indiana	28,823		886,307
First Financial Service Corp. (a)	745		2,391
First Interstate Bancsystem, Inc.	45,208		825,950
First M&F Corp.	16,637		228,093
First Merchants Corp.	61,527		914,906
First Midwest Bancorp, Inc., Delaware	197,088		2,463,600
First Niagara Financial Group, Inc.	919,163		7,518,753
First of Long Island Corp.	17,771		507,717
First Republic Bank	180,988		6,597,013
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
First Security Group, Inc. (a)(d)	1,070		$ 3,167
First South Bancorp, Inc., Virginia (a)	39,689		255,994
First United Corp. (a)	14,602		117,108
Firstbank Corp., Michigan	8,342		106,861
FirstMerit Corp. (d)	283,408		4,285,129
FNB Corp., Pennsylvania	351,107		3,988,576
FNB United Corp. (a)(d)	21,639		219,852
Fulton Financial Corp. (d)	517,887		5,878,017
German American Bancorp, Inc.	31,184		678,564
Glacier Bancorp, Inc.	185,261		3,230,952
Great Southern Bancorp, Inc.	21,585		518,256
Guaranty Bancorp (a)	135,393		273,494
Hampton Roads Bankshares, Inc. (a)(d)	275,254		363,335
Hancock Holding Co.	222,176		6,709,715
Hanmi Financial Corp. (a)	83,202		1,413,602
Hawthorn Bancshares, Inc.	6,721		68,218
Heartland Financial USA, Inc.	33,115		779,527
Heritage Commerce Corp. (a)	57,846		391,039
Heritage Financial Corp., Washington	35,332		489,348
Heritage Oaks Bancorp (a)	40,793		229,257
Home Bancshares, Inc.	63,686		2,155,771
HomeTrust Bancshares, Inc.	50,414		778,896
Horizon Bancorp Industries	16,035		325,190
Hudson Valley Holding Corp.	41,056		623,230
IBERIABANK Corp.	79,678		3,999,836
Independent Bank Corp. (a)	22,677		134,021
Independent Bank Corp., Massachusetts (d)	56,913		1,803,573
International Bancshares Corp.	140,193		2,838,908
Intervest Bancshares Corp. Class A (a)	36,027		195,627
Investors Bancorp, Inc.	127,475		2,252,483
Lakeland Bancorp, Inc.	63,849		613,589
Lakeland Financial Corp.	39,911		986,600
Macatawa Bank Corp. (a)(d)	64,065		313,278
MainSource Financial Group, Inc.	47,324		662,536
MB Financial, Inc.	138,719		3,289,027
MBT Financial Corp. (a)(d)	11,242		40,808
Mercantile Bank Corp.	19,339		322,188
Merchants Bancshares, Inc.	14,012		404,106
Metro Bancorp, Inc. (a)	42,825		713,036
Metrocorp Bancshares, Inc. (a)	35,019		362,096
Middleburg Financial Corp.	14,592		298,260
Midsouth Bancorp, Inc.	24,320		371,366
MidWestOne Financial Group, Inc.	16,620		381,928
Monarch Financial Holdings, Inc.	10,098		102,495
National Bank Holdings Corp.	22,033		398,577
National Bankshares, Inc. (d)	16,169		545,542
National Penn Bancshares, Inc.	324,982		3,184,824
NBT Bancorp, Inc.	110,024		2,251,091
NewBridge Bancorp (a)	34,468		202,672
North Valley Bancorp (a)	6,149		104,349

	Shares		Value
Northeast Bancorp (d)	15,002		$ 150,020
Northrim Bancorp, Inc.	12,118		263,445
Norwood Financial Corp.	2,777		85,948
OBA Financial Services, Inc. (a)	5,103		94,967
Ohio Valley Banc Corp.	7,485		140,344
Old National Bancorp, Indiana	271,566		3,666,141
Old Second Bancorp, Inc. (a)(d)	34,774		118,232
OmniAmerican Bancorp, Inc. (a)	23,607		615,198
Oriental Financial Group, Inc. (d)	124,525		1,906,478
Orrstown Financial Services, Inc. (a)	18,291		258,818
Pacific Continental Corp.	43,214		459,365
Pacific Mercantile Bancorp (a)	19,877		118,467
Pacific Premier Bancorp, Inc. (a)	30,836		369,107
PacWest Bancorp	89,269		2,439,722
Park National Corp. (d)	38,738		2,555,933
Park Sterling Corp. (a)	124,780		708,750
Patriot National Bancorp, Inc. (a)	14,022		21,313
Peapack-Gladstone Financial Corp.	17,211		253,518
Penns Woods Bancorp, Inc.	10,096		408,585
Peoples Bancorp of North Carolina	1,842		19,802
Peoples Bancorp, Inc.	20,106		435,697
Peoples Financial Corp., Mississippi	7,232		86,929
Pinnacle Financial Partners, Inc. (a)(d)	92,448		2,007,046
Popular, Inc. (a)	263,052		7,344,412
Porter Bancorp, Inc. (a)	3,733		3,696
Preferred Bank, Los Angeles (a)	20,724		334,071
Premier Financial Bancorp, Inc.	6,092		70,972
PremierWest Bancorp (a)(d)	17,140		27,767
PrivateBancorp, Inc.	171,662		3,074,466
Prosperity Bancshares, Inc.	114,624		5,288,751
QCR Holdings, Inc.	6,005		98,122
Renasant Corp.	64,084		1,410,489
Republic Bancorp, Inc., Kentucky Class A	25,708		556,321
Republic First Bancorp, Inc. (a)	44,636		116,500
Royal Bancshares of Pennsylvania, Inc. Class A (a)	6,704		9,587
Rurban Financial Corp.	532		4,522
S&T Bancorp, Inc.	77,320		1,396,399
S.Y. Bancorp, Inc.	30,337		687,133
Sandy Spring Bancorp, Inc.	57,184		1,107,082
SCBT Financial Corp. (d)	40,684		1,937,372
Seacoast Banking Corp., Florida (a)	235,806		485,760
Shore Bancshares, Inc.	20,686		138,182
Sierra Bancorp	31,765		402,145
Signature Bank (a)(d)	120,591		8,956,294
Simmons First National Corp. Class A	36,954		929,024
Southern National Bancorp of Virginia, Inc.	12,282		116,065
Southside Bancshares, Inc. (d)	40,257		860,292
Southwest Bancorp, Inc., Oklahoma (a)	44,454		577,457
State Bank Financial Corp.	77,039		1,224,920
StellarOne Corp.	55,996		861,778
Sterling Bancorp, New York	87,827		893,201
Sterling Financial Corp.	93,198		1,973,934
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
Suffolk Bancorp (a)	25,339		$ 356,773
Summit Financial Group, Inc. (a)	1,800		12,240
Sun Bancorp, Inc., New Jersey (a)	136,043		489,755
Susquehanna Bancshares, Inc.	475,630		5,531,577
SVB Financial Group (a)	112,421		7,538,952
Synovus Financial Corp.	2,047,475		5,200,587
Taylor Capital Group, Inc. (a)	36,427		602,138
TCF Financial Corp. (d)	430,037		5,908,708
Texas Capital Bancshares, Inc. (a)(d)	102,751		4,342,257
The First Bancorp, Inc.	21,478		372,214
Tompkins Financial Corp.	33,792		1,400,003
TowneBank (d)	71,193		1,035,146
Trico Bancshares	35,094		598,353
Trustmark Corp.	173,638		3,976,310
UMB Financial Corp.	90,172		4,110,941
Umpqua Holdings Corp.	308,713		3,874,348
Union Bankshares, Inc.	388		7,962
Union/First Market Bankshares Corp.	55,751		1,011,881
United Bancorp, Inc.	370		2,409
United Bankshares, Inc., West Virginia (d)	132,968		3,457,168
United Community Banks, Inc., Georgia (a)	127,900		1,377,483
United Security Bancshares, Inc. (a)	8,545		64,344
United Security Bancshares, California (d)	7,488		28,604
Univest Corp. of Pennsylvania	38,304		635,463
Valley National Bancorp (d)	489,100		4,905,673
Virginia Commerce Bancorp, Inc. (a)	67,965		921,605
Washington Banking Co., Oak Harbor	41,106		564,796
Washington Trust Bancorp, Inc.	35,763		945,574
Webster Financial Corp.	219,584		4,835,240
WesBanco, Inc.	70,247		1,643,077
West Bancorp., Inc.	28,408		314,477
West Coast Bancorp	46,944		1,103,184
Westamerica Bancorp. (d)	70,836		3,134,493
Western Alliance Bancorp. (a)(d)	209,617		2,787,906
Wilshire Bancorp, Inc. (a)	144,206		846,489
Wintrust Financial Corp.	99,831		3,643,832
Xenith Bankshares, Inc. (a)	17,541		91,739
Yadkin Valley Financial Corp. (a)	16,970		66,862
			361,491,987
Consumer Finance - 0.4%
Asset Acceptance Capital Corp. (a)	28,119		148,187
Asta Funding, Inc.	25,295		243,338
Atlanticus Holdings Corp. (a)(d)	33,601		108,867
Cash America International, Inc. (d)	70,968		3,593,820
Consumer Portfolio Services, Inc. (a)	25,388		209,451
Credit Acceptance Corp. (a)(d)	25,878		2,860,295
DFC Global Corp. (a)	103,533		1,933,996
Encore Capital Group, Inc. (a)(d)	59,733		1,765,110

	Shares		Value
EZCORP, Inc. (non-vtg.) Class A (a)	123,643		$ 2,556,937
First Cash Financial Services, Inc. (a)	76,532		4,049,308
First Marblehead Corp. (a)(d)	159,362		139,920
Green Dot Corp. Class A (a)(d)	50,635		709,903
Imperial Holdings, Inc. (a)	53,799		215,196
Nelnet, Inc. Class A	66,805		2,216,590
Netspend Holdings, Inc. (a)(d)	69,646		1,103,889
Portfolio Recovery Associates, Inc. (a)(d)	42,803		5,004,741
QC Holdings, Inc.	15,915		51,883
Regional Management Corp.	1,398		25,108
World Acceptance Corp. (a)(d)	40,711		3,203,956
			30,140,495
Diversified Financial Services - 0.4%
California First National Bancorp	1,545		23,762
Catskill Litigation Trust (a)	1,036		0
CBOE Holdings, Inc.	232,203		8,340,732
Gain Capital Holdings, Inc.	22,236		98,728
Interactive Brokers Group, Inc.	101,943		1,499,582
Life Partners Holdings, Inc. (d)	51,198		203,768
MarketAxess Holdings, Inc.	97,186		3,796,085
Marlin Business Services Corp.	22,984		435,547
MicroFinancial, Inc.	17,898		131,908
MSCI, Inc. Class A (a)	312,542		10,354,516
NCP Litigation Trust (a)	200		0
NewStar Financial, Inc. (a)(d)	69,745		943,650
PHH Corp. (a)(d)	138,178		2,903,120
PICO Holdings, Inc. (a)(d)	53,727		1,155,668
Resource America, Inc. Class A	23,799		212,049
Vector Capital Corp. rights (a)	49,572		1
			30,099,116
Insurance - 4.3%
Alleghany Corp.	43,001		16,248,788
Allied World Assurance Co. Holdings Ltd.	89,522		7,860,927
American Equity Investment Life Holding Co. (d)	143,289		1,988,851
American Financial Group, Inc.	210,353		9,247,118
American National Insurance Co.	30,161		2,424,040
American Safety Insurance Group Ltd. (a)(d)	25,797		594,105
Amerisafe, Inc. (d)	44,533		1,452,666
Amtrust Financial Services, Inc.	73,829		2,454,814
Arch Capital Group Ltd. (a)(d)	343,384		16,867,022
Argo Group International Holdings, Ltd.	71,874		2,729,775
Arthur J. Gallagher & Co.	302,872		11,654,515
Aspen Insurance Holdings Ltd.	176,910		6,343,993
Assured Guaranty Ltd.	493,774		9,218,761
Axis Capital Holdings Ltd.	311,323		12,680,186
Baldwin & Lyons, Inc. Class B	20,123		468,665
Brown & Brown, Inc.	293,863		8,815,890
Citizens, Inc. Class A (a)(d)	96,952		890,989
CNA Financial Corp.	99,168		3,127,759
CNO Financial Group, Inc.	574,934		6,289,778
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Insurance - continued
Crawford & Co. Class B	69,141		$ 571,105
Donegal Group, Inc. Class A	26,385		380,472
Eastern Insurance Holdings, Inc.	16,085		299,503
eHealth, Inc. (a)	59,193		919,267
EMC Insurance Group	12,011		309,163
Employers Holdings, Inc.	110,478		2,321,143
Endurance Specialty Holdings Ltd.	106,872		4,706,643
Enstar Group Ltd. (a)(d)	23,037		2,887,458
Erie Indemnity Co. Class A	66,247		4,849,280
Everest Re Group Ltd.	128,969		16,070,827
FBL Financial Group, Inc. Class A	35,194		1,278,950
Federated National Holding Co.	8,797		50,055
Fidelity National Financial, Inc. Class A	535,365		13,352,003
First Acceptance Corp. (a)	24,679		28,381
First American Financial Corp.	270,026		6,558,932
Fortegra Financial Corp. (a)	15,197		137,533
Global Indemnity PLC (a)	37,631		869,276
Greenlight Capital Re, Ltd. (a)	72,640		1,741,907
Hallmark Financial Services, Inc. (a)	27,548		249,585
Hanover Insurance Group, Inc.	117,027		4,994,712
HCC Insurance Holdings, Inc.	266,229		10,649,160
Health Insurance Innovations	12,600		157,374
Hilltop Holdings, Inc. (a)(d)	103,357		1,327,104
Homeowners Choice, Inc. (d)	24,144		486,743
Horace Mann Educators Corp.	90,341		1,848,377
Independence Holding Co.	12,745		120,950
Infinity Property & Casualty Corp.	29,456		1,655,133
Investors Title Co.	2,693		177,549
Kansas City Life Insurance Co.	10,866		405,519
Kemper Corp.	137,889		4,362,808
Maiden Holdings Ltd.	143,671		1,448,204
Markel Corp. (a)	23,551		11,385,731
MBIA, Inc. (a)(d)	366,136		3,540,535
Meadowbrook Insurance Group, Inc.	121,669		855,333
Mercury General Corp.	86,743		3,371,700
Montpelier Re Holdings Ltd.	171,990		4,251,593
National Financial Partners Corp. (a)(d)	130,377		2,563,212
National Interstate Corp.	26,946		896,763
National Western Life Insurance Co. Class A	7,450		1,213,307
Navigators Group, Inc. (a)(d)	29,134		1,636,165
Old Republic International Corp.	613,136		7,363,763
OneBeacon Insurance Group Ltd.	54,474		728,317
PartnerRe Ltd.	152,398		13,599,998
Phoenix Companies, Inc. (a)	12,675		318,143
Platinum Underwriters Holdings Ltd.	82,406		4,357,629
Primerica, Inc.	115,806		3,644,415
ProAssurance Corp.	151,535		7,105,476
Protective Life Corp.	198,965		6,350,963
Reinsurance Group of America, Inc.	183,759		10,566,143
RenaissanceRe Holdings Ltd.	118,960		10,401,862

	Shares		Value
RLI Corp.	47,991		$ 3,308,500
Safety Insurance Group, Inc.	33,267		1,563,549
Selective Insurance Group, Inc.	135,807		3,020,348
StanCorp Financial Group, Inc.	111,235		4,428,265
State Auto Financial Corp.	33,712		566,362
Stewart Information Services Corp. (d)	44,487		1,029,874
Symetra Financial Corp.	233,995		3,081,714
Tower Group, Inc.	90,612		1,689,914
United Fire Group, Inc.	51,439		1,264,371
Universal Insurance Holdings, Inc.	99,404		436,384
Validus Holdings Ltd.	242,727		8,648,363
W.R. Berkley Corp.	273,764		11,361,206
White Mountains Insurance Group Ltd.	14,430		8,152,950
			349,276,606
Real Estate Investment Trusts - 10.1%
Acadia Realty Trust (SBI)	131,146		3,530,450
AG Mortgage Investment Trust, Inc.	72,087		1,890,842
Agree Realty Corp.	29,784		836,037
Alexanders, Inc.	7,463		2,421,744
Alexandria Real Estate Equities, Inc.	159,952		11,378,985
American Assets Trust, Inc.	97,861		2,958,338
American Campus Communities, Inc.	266,659		12,052,987
American Capital Agency Corp.	865,944		27,467,744
American Capital Mortgage Investment Corp.	143,838		3,696,637
American Realty Capital Properties, Inc. (d)	23,627		312,585
Annaly Capital Management, Inc.	2,474,929		38,336,650
Anworth Mortgage Asset Corp.	363,303		2,216,148
Apollo Commercial Real Estate Finance, Inc.	60,802		1,048,835
Apollo Residential Mortgage, Inc.	59,295		1,327,022
Arbor Realty Trust, Inc.	95,842		759,069
Ares Commercial Real Estate Corp.	31,580		537,807
Armour Residential REIT, Inc.	958,622		6,413,181
Ashford Hospitality Trust, Inc.	181,667		2,138,221
Associated Estates Realty Corp.	125,776		2,198,564
BioMed Realty Trust, Inc.	426,994		9,018,113
Brandywine Realty Trust (SBI)	355,301		4,885,389
BRE Properties, Inc.	195,602		9,508,213
BRT Realty Trust (a)	8,802		65,223
Camden Property Trust (SBI)	211,578		14,628,503
Campus Crest Communities, Inc.	97,496		1,222,600
Capital Trust, Inc. Class A	85,860		194,044
CapLease, Inc.	166,403		995,090
Capstead Mortgage Corp.	274,087		3,437,051
CBL & Associates Properties, Inc.	408,073		9,279,580
Cedar Shopping Centers, Inc.	141,571		812,618
Chatham Lodging Trust	37,534		617,810
Chesapeake Lodging Trust	121,402		2,613,785
Chimera Investment Corp.	2,633,740		7,848,545
Colonial Properties Trust (SBI)	223,039		4,808,721
Colony Financial, Inc.	124,334		2,753,998
CommonWealth REIT	211,923		5,351,056
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
Coresite Realty Corp.	71,084		$ 2,303,122
Corporate Office Properties Trust (SBI)	216,499		5,600,829
Cousins Properties, Inc.	249,030		2,420,572
Crexus Investment Corp.	188,644		2,510,852
CubeSmart	306,042		4,511,059
CyrusOne, Inc.	49,783		1,060,876
Cys Investments, Inc. (d)	437,281		5,186,153
DCT Industrial Trust, Inc. (d)	636,987		4,624,526
DDR Corp.	597,418		10,317,409
DiamondRock Hospitality Co.	508,573		4,546,643
Digital Realty Trust, Inc.	313,579		21,003,521
Douglas Emmett, Inc.	333,224		8,167,320
Duke Realty LP (d)	775,624		12,534,084
DuPont Fabros Technology, Inc.	161,268		3,734,967
EastGroup Properties, Inc.	77,000		4,374,370
Education Realty Trust, Inc.	304,047		3,317,153
EPR Properties	120,681		5,888,026
Equity Lifestyle Properties, Inc.	103,455		7,623,599
Equity One, Inc.	160,977		3,784,569
Essex Property Trust, Inc.	90,283		13,451,264
Excel Trust, Inc.	118,850		1,498,699
Extra Space Storage, Inc.	261,803		9,801,904
Federal Realty Investment Trust (SBI)	161,387		17,140,913
FelCor Lodging Trust, Inc. (a)	320,776		1,610,296
First Industrial Realty Trust, Inc.	236,437		3,752,255
First Potomac Realty Trust	155,718		2,200,295
Franklin Street Properties Corp.	183,467		2,522,671
General Growth Properties, Inc.	1,151,017		22,030,465
Getty Realty Corp. (d)	107,657		2,140,221
Gladstone Commercial Corp. (d)	28,855		547,091
Glimcher Realty Trust	372,526		4,194,643
Government Properties Income Trust (d)	109,886		2,907,584
Gramercy Capital Corp. (a)(d)	137,117		523,787
Gyrodyne Co. of America, Inc.	2,317		172,431
Hatteras Financial Corp.	250,581		6,688,007
Healthcare Realty Trust, Inc.	225,062		5,986,649
Healthcare Trust of America, Inc.	139,394		1,600,243
Hersha Hospitality Trust	462,079		2,592,263
Highwoods Properties, Inc. (SBI)	188,911		6,895,252
Home Properties, Inc.	130,546		8,148,681
Hospitality Properties Trust (SBI)	318,850		8,513,295
Hudson Pacific Properties, Inc.	107,288		2,421,490
Inland Real Estate Corp.	192,865		1,863,076
Invesco Mortgage Capital, Inc.	326,439		6,861,748
Investors Real Estate Trust	238,896		2,271,901
iStar Financial, Inc. (a)(d)	266,363		2,660,966
JAVELIN Mortgage Investment Corp.	18,180		348,692
Kilroy Realty Corp.	186,722		9,851,453
Kite Realty Group Trust	180,895		1,192,098
LaSalle Hotel Properties (SBI)	240,074		6,095,479
Lexington Corporate Properties Trust (d)	409,224		4,689,707

	Shares		Value
Liberty Property Trust (SBI) (d)	297,318		$ 11,532,965
LTC Properties, Inc.	80,280		3,096,400
Mack-Cali Realty Corp.	205,743		5,838,986
Medical Properties Trust, Inc.	338,104		4,909,270
MFA Financial, Inc.	900,039		7,992,346
MHI Hospitality Corp.	1,708		7,327
Mid-America Apartment Communities, Inc.	105,434		7,321,337
Monmouth Real Estate Investment Corp. Class A	103,641		1,156,634
MPG Office Trust, Inc. (a)(d)	193,026		499,937
National Health Investors, Inc.	66,785		4,327,668
National Retail Properties, Inc. (d)	269,513		9,284,723
New York Mortgage Trust, Inc. (d)	113,947		802,187
NorthStar Realty Finance Corp.	392,817		3,515,712
Omega Healthcare Investors, Inc. (d)	281,314		7,873,979
One Liberty Properties, Inc.	35,770		776,924
Parkway Properties, Inc.	96,202		1,626,776
Pebblebrook Hotel Trust	162,576		3,887,192
Pennsylvania Real Estate Investment Trust (SBI)	141,880		2,560,934
PennyMac Mortgage Investment Trust	148,093		3,764,524
Piedmont Office Realty Trust, Inc. Class A (d)	422,715		8,310,577
PMC Commercial Trust	13,962		97,874
Post Properties, Inc.	136,444		6,513,837
Potlatch Corp.	107,179		4,716,948
Power (REIT)	1,227		13,006
PS Business Parks, Inc.	47,862		3,541,309
RAIT Financial Trust (d)	147,972		1,071,317
Ramco-Gershenson Properties Trust (SBI)	127,919		2,021,120
Rayonier, Inc.	311,780		17,419,149
Realty Income Corp.	449,239		20,507,760
Redwood Trust, Inc.	205,166		4,156,663
Regency Centers Corp.	229,923		11,928,405
Resource Capital Corp.	285,451		1,941,067
Retail Opportunity Investments Corp. (d)	130,748		1,687,957
Retail Properties America, Inc.	85,922		1,271,646
RLJ Lodging Trust	284,277		6,080,685
Rouse Properties, Inc. (d)	62,419		1,036,780
Ryman Hospitality Properties, Inc. (d)	122,867		5,498,298
Sabra Health Care REIT, Inc.	104,213		2,754,350
Saul Centers, Inc.	29,808		1,304,398
Select Income (REIT)	47,478		1,320,363
Senior Housing Properties Trust (SBI)	464,288		11,648,986
Silver Bay Realty Trust Corp. (d)	36,712		749,659
SL Green Realty Corp.	227,024		18,529,699
Sovran Self Storage, Inc.	79,456		4,834,103
Spirit Realty Capital, Inc.	84,207		1,677,403
Stag Industrial, Inc.	111,041		2,355,180
Starwood Property Trust, Inc.	335,288		9,371,300
Strategic Hotel & Resorts, Inc. (a)	471,780		3,434,558
Summit Hotel Properties, Inc.	136,761		1,312,906
Sun Communities, Inc. (d)	74,202		3,452,619
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate Investment Trusts - continued
Sunstone Hotel Investors, Inc. (a)	402,828		$ 4,564,041
Supertel Hospitality, Inc., Maryland (a)	13,197		14,913
Tanger Factory Outlet Centers, Inc. (d)	232,875		8,218,159
Taubman Centers, Inc.	153,877		11,805,443
Terreno Realty Corp.	33,203		594,334
The Geo Group, Inc.	193,501		6,683,525
The Macerich Co.	344,003		20,678,020
Two Harbors Investment Corp.	742,870		9,553,308
UDR, Inc.	633,544		15,116,360
UMH Properties, Inc.	32,347		324,117
Universal Health Realty Income Trust (SBI)	33,579		1,917,697
Urstadt Biddle Properties, Inc. Class A	59,548		1,258,249
Washington (REIT) (SBI)	159,249		4,409,605
Weingarten Realty Investors (SBI)	287,296		8,805,622
Western Asset Mortgage Capital Corp.	58,863		1,264,966
Whitestone REIT Class B	35,381		521,870
Winthrop Realty Trust	68,647		861,520
WP Carey, Inc. (d)	146,332		8,719,924
ZAIS Financial Corp.	15,500		311,085
			823,205,855
Real Estate Management & Development - 0.5%
Alexander & Baldwin, Inc.	111,665		3,933,958
American Realty Investments, Inc. (a)	1,965		6,583
AV Homes, Inc. (a)	29,637		445,148
Consolidated-Tomoka Land Co. (d)	11,958		407,170
Forest City Enterprises, Inc. Class A (a)	356,962		5,725,670
Forestar Group, Inc. (a)(d)	94,973		1,654,430
Gladstone Land Corp.	2,000		30,140
Howard Hughes Corp. (a)	71,466		5,487,874
InterGroup Corp. (a)	336		7,617
Jones Lang LaSalle, Inc.	109,483		10,580,437
Kennedy-Wilson Holdings, Inc.	102,037		1,639,735
Maui Land & Pineapple, Inc. (a)	17,943		72,131
Preferred Apartment Communities, Inc. Class A (d)	6,866		60,009
Realogy Holdings Corp.	112,717		5,055,357
Tejon Ranch Co. (a)	36,577		1,071,706
The St. Joe Co. (a)(d)	244,497		5,452,283
Thomas Properties Group, Inc.	93,474		487,000
Transcontinental Realty Investors, Inc. (a)	1,497		7,725
Zillow, Inc. (a)(d)	35,559		1,527,615
ZipRealty, Inc. (a)	28,991		111,325
			43,763,913
Thrifts & Mortgage Finance - 1.1%
Astoria Financial Corp.	205,339		2,008,215
Bank Mutual Corp.	123,703		707,581
BankFinancial Corp.	56,765		452,985
BBX Capital Corp. (a)	42,087		340,063
Beneficial Mutual Bancorp, Inc. (a)	107,032		1,026,437
Berkshire Hills Bancorp, Inc.	59,104		1,436,227

	Shares		Value
BofI Holding, Inc. (a)	27,494		$ 925,723
Brookline Bancorp, Inc., Delaware	180,966		1,646,791
Camco Financial Corp. (a)	7,852		28,738
Cape Bancorp, Inc.	25,193		229,004
Capitol Federal Financial, Inc.	435,831		5,155,881
CFS Bancorp, Inc.	12,402		94,999
Charter Financial Corp., Georgia	2,588		31,858
Cheviot Financial Corp.	44		479
Chicopee Bancorp, Inc.	13,096		206,131
Clifton Savings Bancorp, Inc.	25,210		284,873
Dime Community Bancshares, Inc.	89,159		1,266,949
Doral Financial Corp. (a)	295,629		168,361
Elmira Savings Bank	169		3,990
ESB Financial Corp.	31,148		427,662
ESSA Bancorp, Inc.	32,482		358,926
EverBank Financial Corp.	59,751		902,240
Farmer Mac Class C (non-vtg.)	27,142		916,043
First Clover Leaf Financial Corp.	10,566		80,302
First Defiance Financial Corp.	23,633		532,215
First Federal Bancshares of Arkansas, Inc. (a)(d)	4,711		45,226
First Financial Holdings, Inc.	43,715		872,551
First Financial Northwest, Inc. (a)	34,706		275,219
First PacTrust Bancorp, Inc.	20,005		205,451
Flagstar Bancorp, Inc. (a)(d)	50,000		679,500
Flushing Financial Corp.	72,793		1,150,129
Fox Chase Bancorp, Inc.	32,985		551,509
Franklin Financial Corp./VA	27,950		499,187
Hampden Bancorp, Inc.	5,136		81,252
Heritage Financial Group, Inc.	7,732		106,083
HF Financial Corp.	632		8,494
HMN Financial, Inc. (a)	2,852		15,315
Home Bancorp, Inc. (a)	15,826		291,831
Home Federal Bancorp, Inc.	37,371		429,767
HomeStreet, Inc. (d)	30,734		767,735
HopFed Bancorp, Inc.	11,426		120,887
IF Bancorp, Inc. (a)	11,597		174,071
Impac Mortgage Holdings, Inc. (a)(d)	20,302		229,413
Kearny Financial Corp.	52,612		525,594
Madison County Financial, Inc. (a)(d)	11,541		184,887
Meridian Interstate Bancorp, Inc. (a)	24,640		445,738
Meta Financial Group, Inc.	9,879		233,638
MGIC Investment Corp. (a)(d)	493,559		1,470,806
MutualFirst Financial, Inc.	7,773		104,547
NASB Financial, Inc. (a)	3,724		82,710
Nationstar Mortgage Holdings, Inc. (d)	43,150		1,662,570
New Hampshire Thrift Bancshare	2,906		38,679
New York Community Bancorp, Inc. (d)	1,102,758		14,887,233
Northfield Bancorp, Inc.	80,053		911,003
Northwest Bancshares, Inc. (d)	230,507		2,879,032
Ocean Shore Holding Co.	5,120		77,824
OceanFirst Financial Corp.	36,227		505,004
Ocwen Financial Corp. (a)	295,171		11,635,641
Oneida Financial Corp.	2,810		35,209
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Thrifts & Mortgage Finance - continued
Oritani Financial Corp.	106,486		$ 1,566,409
Peoples Federal Bancshares, Inc.	9,219		164,836
Poage Bankshares, Inc.	6,654		93,489
Provident Financial Holdings, Inc.	21,034		359,681
Provident Financial Services, Inc.	135,449		2,030,381
Provident New York Bancorp	105,447		946,914
Pulaski Financial Corp. (d)	11,679		115,622
PVF Capital Corp. (a)	37,435		139,633
Radian Group, Inc. (d)	342,468		3,017,143
Riverview Bancorp, Inc. (a)	20,156		44,746
Rockville Financial, Inc.	54,753		704,124
Roma Financial Corp.	25,270		380,061
Security National Financial Corp. Class A (d)	21,546		166,120
SI Financial Group, Inc.	9,136		104,516
Simplicity Bancorp, Inc.	22,747		346,664
Southern Missouri Bancorp, Inc.	376		9,445
Territorial Bancorp, Inc.	28,348		661,075
TFS Financial Corp. (a)(d)	268,274		2,819,560
Timberland Bancorp, Inc.	12,774		105,513
Tree.com, Inc.	19,805		345,201
Trustco Bank Corp., New York	220,181		1,147,143
United Community Financial Corp., Ohio (a)	32,608		109,563
United Financial Bancorp, Inc.	49,450		739,278
ViewPoint Financial Group	92,806		1,935,005
Walker & Dunlop, Inc. (a)	44,234		937,761
Washington Federal, Inc.	287,542		5,046,362
Waterstone Financial, Inc. (a)	7,726		59,104
Westfield Financial, Inc.	94,628		737,152
WSFS Financial Corp.	23,324		1,107,890
			87,356,799
TOTAL FINANCIALS			1,856,416,579
HEALTH CARE - 10.5%
Biotechnology - 3.3%
Aastrom Biosciences, Inc. (a)(d)	102,049		124,500
ACADIA Pharmaceuticals, Inc. (a)(d)	129,491		786,010
Achillion Pharmaceuticals, Inc. (a)(d)	163,898		1,327,574
Acorda Therapeutics, Inc. (a)	110,294		3,281,247
ADVENTRX Pharmaceuticals, Inc. (a)(d)	111,483		84,727
Aegerion Pharmaceuticals, Inc. (a)	41,620		1,253,594
Affymax, Inc. (a)(d)	99,414		264,441
Agenus, Inc. (a)(d)	39,248		167,981
Alkermes PLC (a)	307,880		6,684,075
Allos Therapeutics, Inc. rights	344,107		3
Alnylam Pharmaceuticals, Inc. (a)	128,873		3,053,001
AMAG Pharmaceuticals, Inc. (a)	57,756		955,862
Amicus Therapeutics, Inc. (a)(d)	81,548		218,549

	Shares		Value
Anacor Pharmaceuticals, Inc. (a)	42,589		$ 148,210
Anthera Pharmaceuticals, Inc. (a)(d)	123,150		75,122
ARCA biopharma, Inc. (a)(d)	20,234		10,319
Arena Pharmaceuticals, Inc. (a)(d)	559,228		4,691,923
ARIAD Pharmaceuticals, Inc. (a)	464,412		9,766,584
ArQule, Inc. (a)	132,859		326,833
Array Biopharma, Inc. (a)	280,498		1,091,137
Arrowhead Research Corp. (a)(d)	16,316		35,079
Astex Pharmaceuticals, Inc. (a)(d)	207,009		674,849
Athersys, Inc. (a)(d)	108,924		165,564
AVEO Pharmaceuticals, Inc. (a)(d)	115,401		769,725
BioCryst Pharmaceuticals, Inc. (a)(d)	81,419		97,703
BioMarin Pharmaceutical, Inc. (a)	316,623		18,354,635
BioMimetic Therapeutics, Inc. (a)	45,475		431,558
Biospecifics Technologies Corp. (a)	11,833		185,778
Biota Pharmaceuticals, Inc.	20,991		83,754
BioTime, Inc. (a)(d)	68,237		287,278
Cardium Therapeutics, Inc. (a)(d)	106,276		17,865
Catalyst Pharmaceutical Partners, Inc. (a)(d)	69,095		30,975
Cel-Sci Corp. (a)(d)	503,397		133,300
Cell Therapeutics, Inc. (a)(d)	197,840		265,106
Celldex Therapeutics, Inc. (a)(d)	208,754		1,987,338
Celsion Corp. (a)(d)	80,797		78,373
Cepheid, Inc. (a)(d)	169,489		6,174,484
Chelsea Therapeutics International Ltd. (a)(d)	149,074		235,537
ChemoCentryx, Inc. (d)	8,614		116,203
Cleveland Biolabs, Inc. (a)(d)	93,847		145,463
Clovis Oncology, Inc. (a)(d)	38,859		732,881
Codexis, Inc. (a)	66,590		137,841
Coronado Biosciences, Inc. (a)(d)	46,043		337,035
Cubist Pharmaceuticals, Inc. (a)	160,460		6,808,318
Cubist Pharmaceuticals, Inc. rights (a)	105,448		1
Curis, Inc. (a)(d)	208,503		560,873
Cyclacel Pharmaceuticals, Inc. (a)(d)	28,189		155,885
Cytokinetics, Inc.	284,668		284,099
Cytori Therapeutics, Inc. (a)(d)	157,438		401,467
CytRx Corp. (a)(d)	53,802		112,984
DARA BioSciences, Inc. (a)(d)	22,334		22,557
Dendreon Corp. (a)(d)	380,156		2,201,103
Discovery Laboratories, Inc. (a)(d)	83,205		204,684
Durata Therapeutics, Inc. (d)	19,378		165,682
Dyax Corp. (a)(d)	235,415		755,682
Dynavax Technologies Corp. (a)(d)	441,222		900,093
Emergent BioSolutions, Inc. (a)	62,949		975,080
EntreMed, Inc. (a)	37,512		110,660
Enzon Pharmaceuticals, Inc.	134,828		570,322
Exact Sciences Corp. (a)	176,780		1,888,010
Exelixis, Inc. (a)(d)	484,897		2,211,130
Forticell Bioscience, Inc. (a)	2		0
Galectin Therapeutics, Inc. (a)	5,313		18,117
Galena Biopharma, Inc. (a)(d)	229,872		439,056
Genomic Health, Inc. (a)(d)	52,977		1,517,791
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
GenVec, Inc. (a)	22,127		$ 36,952
Geron Corp. (a)(d)	296,896		433,468
GTx, Inc. (a)	60,735		276,344
Halozyme Therapeutics, Inc. (a)(d)	210,823		1,151,094
Hemispherx Biopharma, Inc. (a)	354,277		77,941
Hyperion Therapeutics, Inc.	16,210		295,670
iBio, Inc. (a)(d)	102,306		64,964
Idenix Pharmaceuticals, Inc. (a)(d)	267,583		1,126,524
Idera Pharmaceuticals, Inc. (a)	48,311		34,784
ImmunoCellular Therapeutics Ltd. (a)(d)	122,575		311,341
ImmunoGen, Inc. (a)(d)	222,354		3,373,110
Immunomedics, Inc. (a)(d)	140,629		323,447
Incyte Corp. (a)(d)	336,696		7,474,651
Infinity Pharmaceuticals, Inc. (a)(d)	96,136		3,969,455
Inovio Pharmaceuticals, Inc. (a)(d)	218,287		150,618
Insmed, Inc. (a)(d)	75,313		463,928
Intercept Pharmaceuticals, Inc. (d)	12,204		476,200
InterMune, Inc. (a)	197,527		1,752,064
Ironwood Pharmaceuticals, Inc. Class A (a)(d)	214,285		3,199,275
Isis Pharmaceuticals, Inc. (a)(d)	255,145		3,750,632
IsoRay, Inc. (a)(d)	76,668		40,557
Keryx Biopharmaceuticals, Inc. (a)(d)	197,816		1,271,957
KYTHERA Biopharmaceuticals, Inc. (d)	10,524		274,255
Lexicon Pharmaceuticals, Inc. (a)(d)	1,360,008		2,679,216
Ligand Pharmaceuticals, Inc.:
Class B (a)	50,640		1,040,146
General CVR	26,087		183
Glucagon CVR (a)	26,087		261
rights (a)	26,087		417
TR Beta CVR (a)	26,087		170
Lpath, Inc. (a)	19,435		82,404
MannKind Corp. (a)(d)	440,347		1,127,288
Maxygen, Inc.	88,637		216,274
Medgenics, Inc. (a)	12,815		64,075
MediciNova, Inc. (a)(d)	37,660		128,044
Medivation, Inc. (a)	190,494		9,360,875
Merrimack Pharmaceuticals, Inc. (d)	38,283		245,011
Metabolix, Inc. (a)(d)	85,270		207,206
Momenta Pharmaceuticals, Inc. (a)(d)	119,519		1,522,672
Myriad Genetics, Inc. (a)(d)	213,646		5,430,881
Nanosphere, Inc. (a)(d)	90,356		176,194
Neuralstem, Inc. (a)(d)	141,327		149,807
Neurocrine Biosciences, Inc. (a)	167,845		1,775,800
NewLink Genetics Corp. (a)(d)	48,922		575,812
Novavax, Inc. (a)(d)	303,349		552,095
NPS Pharmaceuticals, Inc. (a)(d)	215,077		1,716,314
OncoGenex Pharmaceuticals, Inc. (a)(d)	29,511		350,886
Oncothyreon, Inc. (a)(d)	122,634		253,852
Onyx Pharmaceuticals, Inc. (a)	184,637		13,905,012
Opexa Therapeutics, Inc. (a)(d)	8,319		15,972

	Shares		Value
Opko Health, Inc. (a)(d)	342,921		$ 2,379,872
Orexigen Therapeutics, Inc. (a)(d)	180,401		1,075,190
Osiris Therapeutics, Inc. (a)(d)	39,420		259,384
OXiGENE, Inc. (a)(d)	3,950		16,274
Oxygen Biotherapeutics, Inc. (a)(d)	46,598		13,047
PDL BioPharma, Inc. (d)	384,661		2,746,480
Peregrine Pharmaceuticals, Inc. (a)(d)	306,032		397,842
Pharmacyclics, Inc. (a)(d)	127,562		11,197,392
PharmAthene, Inc. (a)(d)	77,388		100,604
Progenics Pharmaceuticals, Inc. (a)	107,490		283,774
Puma Biotechnology, Inc.	19,440		499,802
Raptor Pharmaceutical Corp. (a)(d)	132,438		658,217
Regeneron Pharmaceuticals, Inc. (a)(d)	192,591		32,162,697
Regulus Therapeutics, Inc.	27,301		140,600
Repligen Corp. (a)	65,974		411,018
Rexahn Pharmaceuticals, Inc. (a)(d)	117,188		36,328
Rigel Pharmaceuticals, Inc. (a)(d)	240,910		1,618,915
Sangamo Biosciences, Inc. (a)(d)	138,269		1,408,961
Sarepta Therapeutics, Inc. (a)(d)	68,876		2,016,001
Savient Pharmaceuticals, Inc. (a)(d)	212,410		199,665
Seattle Genetics, Inc. (a)(d)	264,595		7,445,703
SIGA Technologies, Inc. (a)(d)	109,876		470,269
Spectrum Pharmaceuticals, Inc. (d)	147,610		1,682,754
StemCells, Inc. (a)(d)	72,956		124,755
Stemline Therapeutics, Inc.	7,164		86,684
Sunesis Pharmaceuticals, Inc. (a)(d)	78,760		411,127
Synageva BioPharma Corp. (a)	28,243		1,411,303
Synergy Pharmaceuticals, Inc. (a)(d)	156,772		857,543
Synta Pharmaceuticals Corp. (a)(d)	112,511		966,469
Synthetic Biologics, Inc. (a)	51,943		89,342
Targacept, Inc. (a)	150,431		651,366
Telik, Inc. (a)	3,787		6,135
TESARO, Inc. (d)	17,478		347,113
Theravance, Inc. (a)(d)	173,595		3,522,243
Threshold Pharmaceuticals, Inc. (a)(d)	133,997		620,406
Tranzyme, Inc. (a)	38,997		20,637
Trius Therapeutics, Inc. (a)	76,208		400,092
Trovagene, Inc. (a)(d)	26,256		161,474
United Therapeutics Corp. (a)(d)	128,305		7,673,922
Vanda Pharmaceuticals, Inc. (a)(d)	115,941		435,938
Venaxis, Inc. (a)	1,992		4,582
Verastem, Inc. (a)(d)	4,002		37,699
Vertex Pharmaceuticals, Inc. (a)	555,579		26,012,209
Vical, Inc. (a)	181,350		580,320
XOMA Corp. (a)(d)	195,513		529,840
Zalicus, Inc. (a)(d)	271,923		177,294
ZIOPHARM Oncology, Inc. (a)(d)	196,259		869,427
			271,218,417
Health Care Equipment & Supplies - 2.3%
Abaxis, Inc.	51,787		2,196,805
Abiomed, Inc. (a)(d)	100,014		1,604,225
Accuray, Inc. (a)(d)	145,252		620,226
Alere, Inc. (a)	189,216		4,306,556
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Align Technology, Inc. (a)	182,943		$ 5,751,728
Allied Healthcare Products, Inc. (a)	4,954		13,524
Alphatec Holdings, Inc. (a)	223,255		363,906
Analogic Corp. (d)	32,199		2,388,844
Angiodynamics, Inc. (a)	78,307		970,224
Anika Therapeutics, Inc. (a)	35,451		441,365
Antares Pharma, Inc. (a)(d)	291,705		1,003,465
ArthroCare Corp. (a)	71,853		2,509,107
Atossa Genetics, Inc. (d)	1,948		12,467
Atricure, Inc. (a)	33,966		301,618
Atrion Corp.	3,467		680,364
Bacterin International Holdings, Inc. (a)(d)	41,452		37,514
BioLase Technology, Inc. (d)	76,165		274,956
Bovie Medical Corp. (a)	27,980		76,385
BSD Medical Corp. (a)(d)	95,648		126,255
Cantel Medical Corp.	58,616		1,824,716
Cardica, Inc. (a)	38,892		45,115
Cardiovascular Systems, Inc. (a)	54,580		862,910
Cerus Corp. (a)(d)	105,314		346,483
Chembio Diagnostics, Inc. (a)	4,082		22,288
Conceptus, Inc. (a)(d)	78,853		1,760,787
CONMED Corp.	68,757		2,139,030
Cryolife, Inc.	77,981		478,024
Cutera, Inc. (a)	35,495		457,886
Cyberonics, Inc. (a)	69,680		3,187,860
Cynosure, Inc. Class A (a)	34,199		968,858
Delcath Systems, Inc. (a)(d)	162,758		252,275
Derma Sciences, Inc. (a)(d)	24,519		302,319
DexCom, Inc. (a)(d)	183,507		2,739,760
Digirad Corp. (a)	23,301		53,359
Dynatronics Corp. (a)	3,425		8,871
DynaVox, Inc. Class A (a)	35,547		16,288
Endologix, Inc. (a)(d)	152,183		2,291,876
EnteroMedics, Inc. (a)(d)	71,659		60,151
ERBA Diagnostics, Inc. (a)	7,111		5,334
Escalon Medical Corp. (a)	3,512		3,617
Exactech, Inc. (a)	19,203		353,527
Fonar Corp. (a)	5,489		29,586
Genmark Diagnostics, Inc. (a)(d)	70,035		730,465
Globus Medical, Inc. (d)	19,520		282,064
Greatbatch, Inc. (a)	55,243		1,495,428
Haemonetics Corp. (a)	131,168		5,410,680
Hansen Medical, Inc. (a)(d)	150,643		322,376
Hill-Rom Holdings, Inc.	151,281		4,958,991
Hologic, Inc. (a)	681,475		14,876,599
ICU Medical, Inc. (a)(d)	33,325		1,891,527
IDEXX Laboratories, Inc. (a)	139,253		12,827,986
Insulet Corp. (a)(d)	133,384		3,010,477
Integra LifeSciences Holdings Corp. (a)	50,385		2,052,685
Invacare Corp.	71,642		1,039,525

	Shares		Value
Iridex Corp. (a)	9,439		$ 44,835
Kewaunee Scientific Corp.	5,250		68,670
Kips Bay Medical, Inc. (a)	9,803		9,999
LeMaitre Vascular, Inc.	17,157		104,658
Mako Surgical Corp. (a)(d)	115,552		1,477,910
Masimo Corp.	148,292		2,943,596
Medical Action Industries, Inc. (a)	32,086		189,949
MELA Sciences, Inc. (a)(d)	117,358		174,863
Meridian Bioscience, Inc. (d)	116,715		2,474,358
Merit Medical Systems, Inc. (a)	95,450		1,137,764
Misonix, Inc. (a)	11,163		63,629
Natus Medical, Inc. (a)	73,032		927,506
Navidea Biopharmaceuticals, Inc. (a)(d)	295,085		905,911
Neogen Corp. (a)	57,433		2,689,013
NeuroMetrix, Inc. (a)	685		1,767
NuVasive, Inc. (a)	108,905		2,022,366
NxStage Medical, Inc. (a)(d)	140,487		1,576,264
OraSure Technologies, Inc. (a)	127,609		709,506
Orthofix International NV (a)	56,449		2,103,290
Palomar Medical Technologies, Inc. (a)	45,060		497,462
PhotoMedex, Inc. (a)(d)	37,410		551,798
Quidel Corp. (a)(d)	73,655		1,743,414
ResMed, Inc. (d)	365,366		16,255,133
Retractable Technologies, Inc. (a)	5,601		5,517
Rochester Medical Corp. (a)	22,381		330,344
Rockwell Medical Technologies, Inc. (a)(d)	39,941		176,140
RTI Biologics, Inc. (a)	112,823		409,547
Sirona Dental Systems, Inc. (a)	140,139		9,952,672
Solta Medical, Inc. (a)	115,233		262,731
Staar Surgical Co. (a)	69,588		375,079
Stereotaxis, Inc. (a)(d)	11,645		25,386
Steris Corp.	153,593		5,990,127
SurModics, Inc. (a)	32,266		818,266
Symmetry Medical, Inc. (a)	93,411		974,277
Synergetics USA, Inc. (a)	65,159		346,646
Teleflex, Inc.	104,105		8,324,236
The Cooper Companies, Inc.	121,073		12,841,002
The Spectranetics Corp. (a)	93,141		1,690,509
Theragenics Corp. (a)	80,225		130,767
ThermoGenesis Corp. (a)	36,219		32,597
Thoratec Corp. (a)(d)	150,418		5,296,218
TranS1, Inc. (a)	31,931		69,929
Unilife Corp. (a)(d)	250,905		629,772
Urologix, Inc. (a)	5,053		3,386
Uroplasty, Inc. (a)	38,436		93,784
Utah Medical Products, Inc.	5,647		234,068
Vascular Solutions, Inc. (a)(d)	32,880		499,118
Vermillion, Inc. (a)	26,315		32,104
Vision Sciences, Inc. (a)(d)	22,011		23,992
Volcano Corp. (a)(d)	137,886		2,983,853
West Pharmaceutical Services, Inc.	86,644		5,235,030
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Wright Medical Group, Inc. (a)(d)	116,793		$ 2,453,037
Zeltiq Aesthetics, Inc. (a)	39,478		159,096
			189,862,148
Health Care Providers & Services - 2.6%
Acadia Healthcare Co., Inc. (a)	87,345		2,377,531
Accretive Health, Inc. (a)(d)	142,160		1,361,893
Adcare Health Systems, Inc.	10,908		48,759
Addus HomeCare Corp. (a)	22,321		196,648
Advocat, Inc. (d)	12,213		67,294
Air Methods Corp.	88,381		3,958,585
Alliance Healthcare Services, Inc. (a)	22,763		160,252
Almost Family, Inc.	17,026		350,565
Amedisys, Inc. (a)(d)	76,646		866,100
American CareSource Holdings, Inc. (a)	2,053		3,716
American Shared Hospital Services (a)	115		239
AMN Healthcare Services, Inc. (a)(d)	110,869		1,563,253
AmSurg Corp. (a)	82,424		2,489,205
Assisted Living Concepts, Inc. Class A	44,685		529,070
Bio-Reference Laboratories, Inc. (a)(d)	65,019		1,721,703
BioScrip, Inc. (a)	149,908		1,641,493
Brookdale Senior Living, Inc. (a)	248,627		6,881,995
Capital Senior Living Corp. (a)	68,963		1,586,149
CardioNet, Inc. (a)	56,333		140,269
Centene Corp. (a)	130,754		5,886,545
Chemed Corp.	53,951		4,164,478
Chindex International, Inc. (a)	33,922		371,446
Community Health Systems, Inc.	232,860		9,840,664
Corvel Corp. (a)	14,612		701,960
Cross Country Healthcare, Inc. (a)	74,123		422,501
Emeritus Corp. (a)	73,472		2,093,217
ExamWorks Group, Inc. (a)(d)	75,796		1,073,271
Five Star Quality Care, Inc. (a)	111,797		708,793
Gentiva Health Services, Inc. (a)	70,931		746,194
Hanger, Inc. (a)	89,928		2,667,264
HCA Holdings, Inc.	622,383		23,084,185
Health Management Associates, Inc. Class A (a)	656,011		7,209,561
Health Net, Inc. (a)	204,919		5,274,615
HealthSouth Corp. (a)(d)	243,240		5,866,949
Healthways, Inc. (a)	92,492		1,188,522
Henry Schein, Inc. (a)(d)	220,388		19,663,017
HMS Holdings Corp. (a)(d)	220,916		6,404,355
Hooper Holmes, Inc. (a)	128,551		64,147
InfuSystems Holdings, Inc. (a)	5,400		8,748
IPC The Hospitalist Co., Inc. (a)	43,764		1,824,959
Kindred Healthcare, Inc. (a)	140,026		1,578,093
Landauer, Inc.	24,048		1,411,858
LCA-Vision, Inc. (a)	49,197		142,179
LHC Group, Inc. (a)	40,565		824,281
LifePoint Hospitals, Inc. (a)	123,734		5,455,432
Magellan Health Services, Inc. (a)	69,977		3,608,014

	Shares		Value
MEDNAX, Inc. (a)	126,763		$ 10,853,448
Molina Healthcare, Inc. (a)(d)	77,587		2,475,801
MWI Veterinary Supply, Inc. (a)(d)	30,688		3,874,667
National Healthcare Corp.	33,268		1,542,637
National Research Corp.	7,753		440,991
NeoStem, Inc. (a)(d)	214,786		130,053
Omnicare, Inc.	274,636		10,232,937
Owens & Minor, Inc.	155,625		4,738,781
PDI, Inc. (a)	19,284		140,773
PharMerica Corp. (a)	75,146		1,076,842
Providence Service Corp. (a)	34,776		593,974
Psychemedics Corp.	15,744		189,400
RadNet, Inc. (a)	74,982		212,199
Select Medical Holdings Corp.	118,813		1,097,832
Sharps Compliance Corp. (a)	29,684		86,677
Skilled Healthcare Group, Inc. (a)(d)	74,963		436,285
SunLink Health Systems, Inc. (a)	19,190		13,241
Team Health Holdings, Inc. (a)	86,158		2,885,431
The Ensign Group, Inc.	45,486		1,424,622
Triple-S Management Corp. (a)	46,216		830,039
U.S. Physical Therapy, Inc.	27,554		678,379
Universal American Spin Corp.	106,211		885,800
Universal Health Services, Inc. Class B	225,201		13,036,886
Vanguard Health Systems, Inc. (a)	106,734		1,587,135
VCA Antech, Inc. (a)(d)	222,282		4,881,313
Wellcare Health Plans, Inc. (a)	110,227		6,303,882
			208,879,992
Health Care Technology - 0.3%
Allscripts Healthcare Solutions, Inc. (a)	430,727		5,478,847
Arrhythmia Research Technology, Inc.	9,913		23,791
athenahealth, Inc. (a)(d)	90,283		8,467,643
Authentidate Holding Corp. (a)(d)	33,216		22,853
CollabRx, Inc. (a)	177		604
Computer Programs & Systems, Inc.	32,130		1,675,258
Epocrates, Inc. (a)	46,015		540,676
Greenway Medical Technologies (d)	34,410		545,399
HealthStream, Inc. (a)(d)	59,006		1,262,138
iCAD, Inc. (a)	22,614		123,246
MedAssets, Inc. (a)(d)	128,301		2,369,719
Medidata Solutions, Inc. (a)	61,697		3,215,648
Merge Healthcare, Inc. (a)(d)	198,185		485,553
Omnicell, Inc. (a)	104,307		1,879,612
Quality Systems, Inc.	93,934		1,739,658
Simulations Plus, Inc.	26,420		105,680
Streamline Health Solutions, Inc. (a)	17,735		98,784
Vocera Communications, Inc. (d)	14,002		369,233
			28,404,342
Life Sciences Tools & Services - 1.0%
Accelerate Diagnostics, Inc. (a)(d)	42,778		224,585
Affymetrix, Inc. (a)(d)	186,657		759,694
Albany Molecular Research, Inc. (a)	52,930		427,674
Apricus Biosciences, Inc. (a)(d)	65,877		175,892
BG Medicine, Inc. (a)(d)	19,157		32,950
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Life Sciences Tools & Services - continued
Bio-Rad Laboratories, Inc. Class A (a)	50,592		$ 6,232,934
Bioanalytical Systems, Inc. (a)(d)	4,772		7,444
BioClinica, Inc. (a)	30,779		222,840
Bruker BioSciences Corp. (a)	234,581		4,114,551
Cambrex Corp. (a)	73,010		840,345
Charles River Laboratories International, Inc. (a)	121,309		4,942,129
CombiMatrix Corp. (a)	203		757
Complete Genomics, Inc. (a)	74,375		232,794
Covance, Inc. (a)	145,451		9,685,582
Enzo Biochem, Inc. (a)	71,931		215,793
Fluidigm Corp. (a)(d)	49,302		850,953
Furiex Pharmaceuticals, Inc. (a)	30,575		1,133,110
Harvard Bioscience, Inc. (a)	57,605		331,229
Illumina, Inc. (a)(d)	314,033		15,742,474
Luminex Corp. (a)	115,050		1,942,044
Mettler-Toledo International, Inc. (a)(d)	77,223		16,433,054
Pacific Biosciences of California, Inc. (a)	117,048		269,210
PAREXEL International Corp. (a)	151,344		5,250,123
pSivida Corp. (a)(d)	55,999		120,398
PURE Bioscience, Inc. (a)(d)	26,193		17,811
Response Genetics, Inc. (a)	8,201		10,661
Sequenom, Inc. (a)(d)	324,864		1,335,191
Strategic Diagnostics, Inc. (a)	32,256		34,191
Techne Corp.	89,351		6,074,974
Virtualscopics, Inc. (a)	21,674		14,088
			77,675,475
Pharmaceuticals - 1.0%
AcelRx Pharmaceuticals, Inc. (a)(d)	33,539		167,695
Acura Pharmaceuticals, Inc. (a)(d)	28,281		58,259
Akorn, Inc. (a)(d)	193,389		2,668,768
Alexza Pharmaceuticals, Inc. (a)(d)	37,601		166,572
Alimera Sciences, Inc. (a)	16,534		49,602
Ampio Pharmaceuticals, Inc. (a)(d)	71,327		276,749
Auxilium Pharmaceuticals, Inc. (a)	125,781		2,144,566
AVANIR Pharmaceuticals Class A (a)(d)	348,652		951,820
Biodel, Inc. (a)	20,123		54,936
Biodelivery Sciences International, Inc. (a)	71,558		269,774
BioSante Pharmaceuticals, Inc. (a)(d)	58,183		76,220
Cadence Pharmaceuticals, Inc. (a)(d)	134,049		656,840
Cempra, Inc.	24,510		159,805
Columbia Laboratories, Inc. (a)	152,776		94,293
Corcept Therapeutics, Inc. (a)(d)	163,339		266,243
Cornerstone Therapeutics, Inc. (a)	21,886		145,980
Cumberland Pharmaceuticals, Inc. (a)	32,551		142,573
DepoMed, Inc. (a)(d)	128,941		834,248
Durect Corp. (a)	192,572		215,681
Echo Therapeutics, Inc. (a)(d)	90,982		68,237
Endo Health Solutions, Inc. (a)	291,763		9,044,653
Endocyte, Inc. (a)	78,763		760,063

	Shares		Value
Heska Corp.	6,758		$ 54,807
Hi-Tech Pharmacal Co., Inc.	29,611		1,095,903
Horizon Pharma, Inc. (d)	101,692		214,570
Impax Laboratories, Inc. (a)	164,829		3,268,559
Jazz Pharmaceuticals PLC (a)(d)	119,184		6,934,125
Lannett Co., Inc. (a)	38,740		319,992
MAP Pharmaceuticals, Inc. (a)(d)	68,332		1,708,300
Nektar Therapeutics (a)(d)	302,419		2,803,424
NovaBay Pharmaceuticals, Inc. (a)	72,124		88,713
NuPathe, Inc. (a)(d)	56,740		185,540
Obagi Medical Products, Inc. (a)	38,431		518,050
Omeros Corp. (a)(d)	54,848		297,825
Optimer Pharmaceuticals, Inc. (a)(d)	124,619		1,510,382
Pacira Pharmaceuticals, Inc. (a)(d)	58,450		1,277,717
Pain Therapeutics, Inc.	81,649		239,232
Pernix Therapeutics Holdings, Inc. (a)(d)	16,867		100,527
Pozen, Inc. (a)	81,989		507,512
Questcor Pharmaceuticals, Inc. (d)	150,099		4,893,227
Repros Therapeutics, Inc. (a)(d)	38,258		449,532
Sagent Pharmaceuticals, Inc. (a)	30,621		502,184
Salix Pharmaceuticals Ltd. (a)	128,042		6,254,852
Santarus, Inc. (a)	124,722		1,655,061
SciClone Pharmaceuticals, Inc. (a)(d)	131,167		624,355
Somaxon Pharmaceuticals, Inc. (a)(d)	9,062		25,736
Sucampo Pharmaceuticals, Inc. Class A (a)	31,122		159,033
Supernus Pharmaceuticals, Inc. (a)(d)	40,527		310,437
The Medicines Company (a)	135,414		4,307,519
Transcept Pharmaceuticals, Inc. (a)	34,975		202,855
Ventrus Biosciences, Inc. (a)(d)	45,264		138,508
ViroPharma, Inc. (a)(d)	176,620		4,404,903
VIVUS, Inc. (a)(d)	256,380		2,748,394
Warner Chilcott PLC	445,274		6,015,652
XenoPort, Inc. (a)	106,787		815,853
Zoetis, Inc. Class A (d)	211,300		7,067,985
Zogenix, Inc. (a)(d)	158,950		297,237
			81,272,078
TOTAL HEALTH CARE			857,312,452
INDUSTRIALS - 15.3%
Aerospace & Defense - 1.4%
AAR Corp.	104,918		1,843,409
AeroVironment, Inc. (a)(d)	58,230		1,288,048
Alliant Techsystems, Inc.	88,425		5,818,365
American Science & Engineering, Inc.	23,785		1,487,514
API Technologies Corp. (a)	67,799		177,633
Ascent Solar Technologies, Inc. (a)(d)	112,670		73,236
Astronics Corp. (a)	27,943		769,830
Astrotech Corp. (a)	39,511		32,794
BE Aerospace, Inc. (a)	263,520		13,863,787
Breeze Industrial Products Corp. (a)	10,964		89,357
CPI Aerostructures, Inc. (a)	13,911		123,808
Cubic Corp.	43,040		1,796,490
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Aerospace & Defense - continued
Curtiss-Wright Corp.	124,901		$ 4,335,314
DigitalGlobe, Inc. (a)	187,731		4,896,024
Ducommun, Inc. (a)	21,976		340,628
EDAC Technologies Corp. (a)(d)	23,390		357,867
Engility Holdings, Inc. (a)(d)	38,954		735,062
Esterline Technologies Corp. (a)	78,591		5,417,278
Exelis, Inc.	480,809		4,961,949
GenCorp, Inc. (non-vtg.) (a)(d)	150,086		1,808,536
HEICO Corp. Class A	108,929		3,627,336
Hexcel Corp. (a)	258,459		7,043,008
Huntington Ingalls Industries, Inc.	124,561		5,983,910
Innovative Solutions & Support, Inc.	13,417		61,450
KEYW Holding Corp. (a)(d)	62,569		907,251
Kratos Defense & Security Solutions, Inc. (a)	125,424		530,544
LMI Aerospace, Inc. (a)	26,052		577,052
Moog, Inc. Class A (a)(d)	117,980		5,304,381
National Presto Industries, Inc. (d)	11,507		874,417
Orbital Sciences Corp. (a)	153,534		2,269,233
SIFCO Industries, Inc.	1,004		16,104
Sparton Corp. (a)	27,651		396,515
Spirit AeroSystems Holdings, Inc. Class A (a)	289,178		5,034,589
Sypris Solutions, Inc.	19,374		80,208
Taser International, Inc. (a)(d)	148,024		1,102,779
Teledyne Technologies, Inc. (a)	97,975		7,209,001
TransDigm Group, Inc.	113,937		16,217,793
Triumph Group, Inc.	125,378		9,203,999
			116,656,499
Air Freight & Logistics - 0.2%
Air Transport Services Group, Inc. (a)	147,619		814,857
Atlas Air Worldwide Holdings, Inc. (a)	67,651		3,192,451
Echo Global Logistics, Inc. (a)	37,459		698,610
Forward Air Corp.	75,798		2,859,101
Hub Group, Inc. Class A (a)	88,813		3,350,914
Pacer International, Inc. (a)(d)	104,856		435,152
Park-Ohio Holdings Corp. (a)	19,844		403,627
Radiant Logistics, Inc. (a)(d)	37,185		80,320
UTI Worldwide, Inc.	270,943		4,126,462
XPO Logistics, Inc. (a)(d)	44,583		776,636
			16,738,130
Airlines - 1.0%
Alaska Air Group, Inc. (a)	177,402		9,145,073
Allegiant Travel Co.	44,093		3,540,227
Delta Air Lines, Inc. (a)	2,154,418		30,743,545
Hawaiian Holdings, Inc. (a)	198,497		1,123,493
JetBlue Airways Corp. (a)(d)	542,876		3,289,829
Republic Airways Holdings, Inc. (a)	96,210		905,336
SkyWest, Inc.	136,727		1,914,178
Spirit Airlines, Inc. (a)	117,043		2,370,121

	Shares		Value
United Continental Holdings, Inc. (a)(d)	848,247		$ 22,656,677
US Airways Group, Inc. (a)(d)	408,105		5,480,850
			81,169,329
Building Products - 0.9%
A.O. Smith Corp. (d)	97,665		6,985,977
AAON, Inc.	52,998		1,275,132
Ameresco, Inc. Class A (a)	37,825		314,326
American Woodmark Corp. (a)	23,542		755,698
Apogee Enterprises, Inc.	75,723		1,952,896
Armstrong World Industries, Inc.	55,055		2,814,962
Builders FirstSource, Inc. (a)(d)	140,285		848,724
Fortune Brands Home & Security, Inc. (a)	411,448		14,215,528
Gibraltar Industries, Inc. (a)	77,978		1,337,323
Griffon Corp.	118,467		1,335,123
Insteel Industries, Inc.	42,106		669,064
Lennox International, Inc.	121,219		7,160,406
NCI Building Systems, Inc. (a)	46,116		753,997
Nortek, Inc. (a)	38,111		2,741,705
Owens Corning (a)	297,245		11,536,078
Patrick Industries, Inc. (a)	26,243		347,982
PGT, Inc. (a)	39,408		227,384
Quanex Building Products Corp.	100,861		2,008,143
Simpson Manufacturing Co. Ltd.	103,993		3,026,196
Trex Co., Inc. (a)	41,611		1,965,704
Universal Forest Products, Inc.	48,657		1,974,501
USG Corp. (a)(d)	227,717		6,426,174
			70,673,023
Commercial Services & Supplies - 1.6%
A.T. Cross Co. Class A (a)	14,209		173,492
ABM Industries, Inc.	133,763		3,036,420
ACCO Brands Corp. (d)	281,333		2,109,998
Acme United Corp.	1,357		16,963
Acorn Energy, Inc. (d)	65,930		429,204
Amrep Corp. (a)	2,187		19,005
ARC Document Solutions, Inc. (a)	75,972		170,937
Avalon Holdings Corp. Class A (a)	128		516
Casella Waste Systems, Inc. Class A (a)	82,726		387,158
CECO Environmental Corp.	12,938		139,730
Cenveo, Inc. (a)(d)	149,628		314,219
Clean Harbors, Inc. (a)(d)	133,807		6,891,061
Command Security Corp. (a)	4,127		8,254
CompX International, Inc. Class A	729		10,301
Consolidated Graphics, Inc. (a)	28,556		1,102,262
Copart, Inc. (a)	283,802		9,689,000
Corrections Corp. of America	249,536		9,569,706
Courier Corp.	28,388		356,269
Covanta Holding Corp.	329,974		6,454,291
Deluxe Corp.	131,004		5,198,239
Ecology & Environment, Inc. Class A	5,634		71,834
EnergySolutions, Inc. (a)	216,256		804,472
EnerNOC, Inc. (a)(d)	58,407		963,131
Ennis, Inc.	62,398		977,153
Food Technology Service, Inc. (a)	11,431		57,955
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Commercial Services & Supplies - continued
Fuel Tech, Inc. (a)	72,552		$ 321,405
G&K Services, Inc. Class A	46,590		1,941,405
Healthcare Services Group, Inc.	174,544		4,206,510
Heritage-Crystal Clean, Inc. (a)	21,398		315,621
Herman Miller, Inc.	148,937		3,574,488
HNI Corp.	119,118		3,759,364
Hudson Technologies, Inc. (a)(d)	28,458		123,792
Humitech International Group, Inc. (a)	75		0
Industrial Services of America, Inc. (a)(d)	12,843		38,529
InnerWorkings, Inc. (a)(d)	95,061		1,404,051
Interface, Inc.	147,065		2,692,760
Intersections, Inc.	42,827		449,255
KAR Auction Services, Inc.	206,771		4,387,681
Kimball International, Inc. Class B (d)	72,750		670,028
Knoll, Inc.	116,160		1,977,043
McGrath RentCorp.	56,348		1,661,703
Metalico, Inc. (a)	92,179		151,174
Mine Safety Appliances Co.	81,018		3,795,693
Mobile Mini, Inc. (a)(d)	96,079		2,586,447
Multi-Color Corp.	31,465		759,250
NL Industries, Inc.	19,361		247,821
Performant Financial Corp. (d)	28,168		373,226
Perma-Fix Environmental Services, Inc. (a)	121,671		110,721
Quad/Graphics, Inc. (d)	71,598		1,557,257
R.R. Donnelley & Sons Co. (d)	468,813		4,894,408
Rollins, Inc.	179,548		4,400,721
Schawk, Inc. Class A	27,510		296,008
Standard Parking Corp. (a)	32,024		664,658
Standard Register Co.	38,184		20,238
Steelcase, Inc. Class A	202,661		2,867,653
Swisher Hygiene, Inc. (Canada) (a)(d)	280,336		395,273
Team, Inc. (a)	47,239		2,071,903
Tetra Tech, Inc. (a)	166,530		4,806,056
The Brink's Co.	122,492		3,239,913
TMS International Corp. (a)	32,866		452,893
TRC Companies, Inc. (a)	38,382		247,180
Unifirst Corp. Massachusetts	36,491		3,048,458
United Stationers, Inc.	100,653		3,643,639
US Ecology, Inc.	55,220		1,373,321
Versar, Inc. (a)	11,390		51,483
Viad Corp.	54,545		1,497,806
Virco Manufacturing Co. (a)	4,818		12,575
Waste Connections, Inc.	314,949		10,774,405
			130,815,385
Construction & Engineering - 0.8%
AECOM Technology Corp. (a)	271,572		8,231,347
Aegion Corp. (a)(d)	104,477		2,510,582
Argan, Inc.	22,538		377,061
Comfort Systems USA, Inc.	92,893		1,159,305
Dycom Industries, Inc. (a)	99,803		2,090,873

	Shares		Value
EMCOR Group, Inc.	165,518		$ 6,384,029
Foster Wheeler AG (a)	276,637		6,655,886
Furmanite Corp. (a)	78,211		466,920
Goldfield Corp.	60,575		226,551
Granite Construction, Inc.	92,482		2,875,265
Great Lakes Dredge & Dock Corp.	138,854		1,353,827
Integrated Electrical Services, Inc. (a)	10,323		59,873
KBR, Inc.	375,620		11,415,092
Layne Christensen Co. (a)	45,631		1,003,426
MasTec, Inc. (a)(d)	175,283		5,274,265
Michael Baker Corp.	16,454		398,845
MYR Group, Inc. (a)	49,455		1,147,851
Northwest Pipe Co. (a)	22,062		526,841
Orion Marine Group, Inc. (a)	67,799		645,446
Pike Electric Corp.	54,412		758,503
Primoris Services Corp.	107,760		2,020,500
Sterling Construction Co., Inc. (a)	38,185		431,491
Tutor Perini Corp. (a)	94,915		1,614,504
UniTek Global Services, Inc. (a)	33,766		118,856
URS Corp.	194,840		8,233,938
Willdan Group, Inc. (a)	13,349		27,766
			66,008,843
Electrical Equipment - 1.3%
Active Power, Inc. (a)	47,662		217,815
Acuity Brands, Inc.	107,141		7,299,516
Allied Motion Technologies, Inc.	14,531		101,717
Altair Nanotechnologies, Inc. (a)(d)	24,072		49,588
American Superconductor Corp. (a)(d)	110,038		318,010
AMETEK, Inc.	618,657		25,878,422
AZZ, Inc.	65,095		2,907,143
Babcock & Wilcox Co.	299,258		8,085,951
Belden, Inc.	114,999		5,791,350
Brady Corp. Class A	110,764		3,771,514
Broadwind Energy, Inc. (a)	35,083		118,230
Capstone Turbine Corp. (a)(d)	859,748		833,956
Coleman Cable, Inc.	32,333		320,420
Digital Power Corp. (a)	4,959		3,422
Ecotality, Inc. (a)(d)	41,249		31,349
Encore Wire Corp.	50,532		1,651,891
EnerSys (a)	130,936		5,352,664
Enphase Energy, Inc. (d)	24,560		121,081
Espey Manufacturing & Electronics Corp.	2,487		64,165
Franklin Electric Co., Inc.	58,175		3,785,447
FuelCell Energy, Inc. (a)(d)	326,527		346,119
Generac Holdings, Inc. (d)	74,996		2,583,612
General Cable Corp. (a)(d)	121,987		4,018,252
Global Power Equipment Group, Inc. (d)	37,928		636,432
GrafTech International Ltd. (a)(d)	333,761		2,466,494
Hubbell, Inc. Class B	133,286		12,383,602
II-VI, Inc. (a)(d)	141,517		2,452,490
Lime Energy Co. (a)(d)	31,271		23,766
LSI Industries, Inc.	51,035		351,631
MagneTek, Inc. (a)	6,645		83,063
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Electrical Equipment - continued
Ocean Power Technologies, Inc. (a)(d)	24,836		$ 48,927
Orion Energy Systems, Inc. (a)	65,072		182,852
Plug Power, Inc. (a)(d)	70,828		12,041
Polypore International, Inc. (a)(d)	120,764		4,622,846
Powell Industries, Inc. (a)(d)	28,189		1,640,882
PowerSecure International, Inc. (a)	41,535		350,971
Preformed Line Products Co.	7,217		511,108
Regal-Beloit Corp.	110,846		8,566,179
Revolution Lighting Technologies, Inc. (a)	32,997		33,987
SL Industries, Inc.	9,878		187,089
SolarCity Corp. (d)	32,926		596,290
Thermon Group Holdings, Inc. (a)(d)	42,206		865,223
Ultralife Corp. (a)	43,594		165,657
Universal Security Instruments, Inc. (a)	4,000		16,720
Vicor Corp. (a)	52,357		276,445
Zbb Energy Corp. (a)(d)	174,198		54,001
			110,180,330
Industrial Conglomerates - 0.2%
Carlisle Companies, Inc.	160,567		10,897,682
Raven Industries, Inc.	95,542		2,697,151
Seaboard Corp.	896		2,556,279
			16,151,112
Machinery - 3.9%
Accuride Corp. (a)	109,296		442,649
Actuant Corp. Class A (d)	193,653		5,888,988
Adept Technology, Inc. (a)	2,678		7,980
AGCO Corp.	244,503		12,587,014
Alamo Group, Inc.	22,876		818,503
Albany International Corp. Class A	75,138		2,145,941
Altra Holdings, Inc.	71,338		1,836,240
American Railcar Industries, Inc.	22,404		977,711
Ampco-Pittsburgh Corp. (d)	25,813		482,961
Art's-Way Manufacturing Co., Inc.	9,831		66,851
Astec Industries, Inc.	56,072		1,996,724
Barnes Group, Inc.	118,006		3,140,140
Blount International, Inc. (a)	122,631		1,848,049
Briggs & Stratton Corp.	124,900		3,055,054
Cascade Corp.	25,406		1,632,336
Chart Industries, Inc. (a)	78,179		5,672,668
Chicago Rivet & Machine Co.	772		16,529
CIRCOR International, Inc.	43,123		1,797,367
CLARCOR, Inc.	129,228		6,589,336
Colfax Corp. (a)(d)	167,438		7,266,809
Columbus McKinnon Corp. (NY Shares) (a)(d)	62,931		1,234,706
Commercial Vehicle Group, Inc. (a)	67,579		533,874
Crane Co.	119,466		6,424,881
Donaldson Co., Inc.	347,229		12,510,661
Douglas Dynamics, Inc.	51,117		726,884
Dynamic Materials Corp.	39,486		667,313

	Shares		Value
Eastern Co.	11,293		$ 187,803
Energy Recovery, Inc. (a)	100,626		495,080
EnPro Industries, Inc. (a)(d)	60,790		2,828,559
ESCO Technologies, Inc.	69,853		2,833,238
ExOne Co. (d)	13,500		367,065
Federal Signal Corp. (a)	176,519		1,376,848
Flow International Corp. (a)	102,629		380,754
FreightCar America, Inc.	47,091		990,324
Gardner Denver, Inc.	128,070		9,091,689
Gorman-Rupp Co.	40,313		1,162,627
Graco, Inc.	150,898		8,767,174
Graham Corp.	27,199		633,465
Greenbrier Companies, Inc. (a)(d)	60,820		1,231,605
Hardinge, Inc.	25,807		337,556
Harsco Corp.	199,789		4,790,940
Hurco Companies, Inc. (a)	14,365		403,944
Hyster-Yale Materials Handling Class A	24,122		1,235,770
IDEX Corp. (d)	207,153		10,550,302
ITT Corp.	227,680		5,994,814
John Bean Technologies Corp.	65,566		1,208,381
Kadant, Inc.	25,872		635,158
Kaydon Corp.	86,633		2,166,691
Kennametal, Inc.	201,189		8,144,131
Key Technology, Inc. (a)	12,346		151,856
L.B. Foster Co. Class A	22,446		991,215
Lincoln Electric Holdings, Inc.	211,800		11,871,390
Lindsay Corp. (d)	33,391		2,853,261
Lydall, Inc. (a)	38,154		574,599
Manitex International, Inc. (a)	28,579		273,787
Manitowoc Co., Inc.	333,099		6,168,993
Meritor, Inc. (a)(d)	237,010		1,042,844
Met-Pro Corp.	50,167		494,647
MFRI, Inc. (a)	13,428		98,696
Middleby Corp. (a)(d)	48,323		7,215,107
Miller Industries, Inc.	29,446		468,780
Mueller Industries, Inc.	72,087		3,833,587
Mueller Water Products, Inc. Class A	422,513		2,374,523
Navistar International Corp. (a)(d)	201,765		5,009,825
NN, Inc. (a)(d)	36,484		315,951
Nordson Corp.	145,604		9,231,294
Omega Flex, Inc.	5,411		75,375
Oshkosh Truck Corp. (a)	232,350		8,959,416
PMFG, Inc. (a)	42,899		290,426
Proto Labs, Inc.	23,157		1,076,569
RBC Bearings, Inc. (a)(d)	57,106		2,846,163
Rexnord Corp.	69,892		1,423,700
Sauer-Danfoss, Inc.	30,572		1,654,557
SPX Corp.	128,848		10,373,552
Standex International Corp.	30,898		1,662,930
Sun Hydraulics Corp.	65,494		1,826,628
Taylor Devices, Inc. (a)	3,820		33,616
Tecumseh Products Co. Class A (non-vtg.) (a)	42,740		387,224
Tennant Co.	48,857		2,280,156
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Machinery - continued
Terex Corp. (a)(d)	281,812		$ 9,246,252
The L.S. Starrett Co. Class A	14,574		159,877
Timken Co.	200,975		10,916,962
Titan International, Inc. (d)	124,067		2,619,054
Toro Co.	154,434		6,964,973
TriMas Corp. (a)	86,923		2,493,821
Trinity Industries, Inc.	196,546		8,498,649
Twin Disc, Inc. (d)	18,379		439,258
Valmont Industries, Inc.	58,823		9,267,564
Wabash National Corp. (a)(d)	208,685		1,990,855
WABCO Holdings, Inc. (a)	159,774		10,979,669
Wabtec Corp.	120,765		11,809,609
Watts Water Technologies, Inc. Class A	71,561		3,359,073
Woodward, Inc.	157,581		5,898,257
WSI Industries, Inc.	5,668		38,769
			316,725,396
Marine - 0.2%
Baltic Trading Ltd.	60,265		221,775
Eagle Bulk Shipping, Inc. (a)(d)	42,249		81,963
Genco Shipping & Trading Ltd. (a)(d)	81,839		210,326
International Shipholding Corp.	22,466		411,352
Kirby Corp. (a)(d)	140,406		10,668,048
Matson, Inc.	108,614		2,792,466
Rand Logistics, Inc. (a)(d)	27,482		156,647
			14,542,577
Professional Services - 1.4%
Acacia Research Corp. (a)	126,439		3,535,234
Advisory Board Co. (a)	89,552		4,550,137
Barrett Business Services, Inc.	16,947		740,245
CBIZ, Inc. (a)(d)	118,229		751,936
CDI Corp.	25,347		417,212
Corporate Executive Board Co.	85,868		4,648,894
CRA International, Inc. (a)	23,173		512,355
CTPartners Executive Search, Inc. (a)	10,063		37,736
DLH Holdings Corp. (a)	2,300		2,530
Dolan Co. (a)	73,005		212,445
Exponent, Inc.	32,601		1,638,852
Franklin Covey Co. (a)	35,617		492,227
FTI Consulting, Inc. (a)	106,450		3,698,073
GP Strategies Corp. (a)	42,212		911,357
Heidrick & Struggles International, Inc.	40,267		547,631
Hill International, Inc. (a)	70,728		241,182
Hudson Global, Inc. (a)	67,394		248,010
Huron Consulting Group, Inc. (a)	58,019		2,273,765
ICF International, Inc. (a)	49,938		1,235,466
IHS, Inc. Class A (a)	133,202		14,152,713
Innovaro, Inc. (a)(d)	10,333		1,808
Insperity, Inc.	58,666		1,663,181
Kelly Services, Inc. Class A (non-vtg.)	67,625		1,194,258
Kforce, Inc.	104,013		1,512,349

	Shares		Value
Korn/Ferry International (a)	120,823		$ 2,236,434
Lightbridge Corp. (a)	24,428		52,520
Luna Innovations, Inc. (a)	26,569		31,086
Manpower, Inc.	200,859		10,966,901
Mastech Holdings, Inc.	2,512		18,815
MISTRAS Group, Inc. (a)	39,766		813,215
National Technical Systems, Inc. (a)	1,200		9,576
Navigant Consulting, Inc. (a)	130,349		1,659,343
Nielsen Holdings B.V.	417,729		14,073,290
Odyssey Marine Exploration, Inc. (a)(d)	151,557		530,450
On Assignment, Inc. (a)(d)	113,398		2,478,880
Pendrell Corp. (a)(d)	419,705		600,178
RCM Technologies, Inc.	26,829		151,852
Resources Connection, Inc.	100,946		1,232,551
RPX Corp. (a)	57,399		680,178
Spherix, Inc. (a)	26		301
Towers Watson & Co.	146,014		9,720,152
TrueBlue, Inc. (a)	98,909		1,917,846
Verisk Analytics, Inc. (a)	371,249		21,725,491
VSE Corp.	9,167		210,016
WageWorks, Inc. (a)	22,582		533,161
			114,861,832
Road & Rail - 1.4%
AMERCO	19,305		2,909,457
Arkansas Best Corp.	60,483		697,974
Avis Budget Group, Inc. (a)(d)	261,009		6,099,780
Celadon Group, Inc.	66,150		1,318,370
Con-way, Inc.	138,902		4,882,405
Covenant Transport Group, Inc. Class A (a)	20,231		120,374
Frozen Food Express Industries, Inc. (a)	33,709		57,305
Genesee & Wyoming, Inc. Class A (a)	108,963		9,754,368
Heartland Express, Inc. (d)	171,278		2,324,242
Hertz Global Holdings, Inc. (a)(d)	760,586		15,173,691
J.B. Hunt Transport Services, Inc. (d)	230,907		16,052,655
Kansas City Southern	278,771		28,705,050
Knight Transportation, Inc.	147,277		2,306,358
Landstar System, Inc.	116,498		6,557,672
Marten Transport Ltd.	61,356		1,270,069
Old Dominion Freight Lines, Inc. (a)	186,709		6,712,189
P.A.M. Transportation Services, Inc.	12,026		123,387
Patriot Transportation Holding, Inc. (a)	15,144		411,614
Quality Distribution, Inc. (a)	56,949		449,328
Roadrunner Transportation Systems, Inc. (a)	39,403		897,600
Saia, Inc. (a)	38,313		1,230,997
Swift Transporation Co. (a)	209,816		2,838,810
Universal Truckload Services, Inc.	18,107		330,272
USA Truck, Inc. (a)	17,441		86,159
Werner Enterprises, Inc.	113,761		2,618,778
YRC Worldwide, Inc. (a)(d)	32,458		198,968
Zipcar, Inc. (a)	65,085		795,990
			114,923,862
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Trading Companies & Distributors - 1.0%
Aceto Corp.	75,715		$ 788,193
AeroCentury Corp. (a)	740		11,840
Air Lease Corp. Class A (d)	173,320		4,709,104
Aircastle Ltd.	140,239		1,889,019
Applied Industrial Technologies, Inc.	104,833		4,550,801
Beacon Roofing Supply, Inc. (a)(d)	118,502		4,372,724
BlueLinx Corp. (a)(d)	34,870		101,820
BlueLinx Corp. rights (a)	34,870		14,626
CAI International, Inc. (a)	38,758		1,069,721
DXP Enterprises, Inc. (a)	33,811		2,103,044
Edgen Group, Inc. Class A	69,427		556,805
Erickson Air-Crane, Inc.	9,487		126,367
Essex Rental Corp. (a)(d)	27,827		112,978
GATX Corp.	116,755		5,820,237
H&E Equipment Services, Inc. (d)	78,968		1,536,717
Houston Wire & Cable Co.	39,527		460,094
Kaman Corp.	68,438		2,388,486
Lawson Products, Inc.	23,255		331,151
MRC Global, Inc.	57,366		1,762,284
MSC Industrial Direct Co., Inc. Class A	117,551		10,029,451
Rush Enterprises, Inc. Class A (a)(d)	86,575		2,121,088
TAL International Group, Inc.	78,794		3,392,082
Textainer Group Holdings Ltd.	56,757		2,295,253
Titan Machinery, Inc. (a)(d)	43,138		1,218,649
Transcat, Inc. (a)	4,695		29,860
United Rentals, Inc. (a)(d)	233,599		12,476,523
Watsco, Inc.	76,098		5,925,751
WESCO International, Inc. (a)(d)	111,012		8,203,787
Willis Lease Finance Corp. (a)	19,324		290,053
			78,688,508
Transportation Infrastructure - 0.0%
Wesco Aircraft Holdings, Inc. (a)(d)	59,559		810,002
TOTAL INDUSTRIALS			1,248,944,828
INFORMATION TECHNOLOGY - 14.8%
Communications Equipment - 1.2%
Acme Packet, Inc. (a)(d)	146,106		4,263,373
ADTRAN, Inc. (d)	161,172		3,600,582
Alliance Fiber Optic Products, Inc.	9,905		109,747
Ambient Corp. (a)(d)	4,086		11,032
American Electric Technologies, Inc. (a)	1,200		5,988
Anaren, Inc. (a)	53,781		1,040,662
Arris Group, Inc. (a)(d)	275,521		4,780,289
Aruba Networks, Inc. (a)(d)	276,504		6,890,480
Aviat Networks, Inc. (a)	141,125		502,405
Aware, Inc.	7,727		38,635
Bel Fuse, Inc. Class B (non-vtg.)	23,302		388,211
Black Box Corp.	57,867		1,403,853

	Shares		Value
Brocade Communications Systems, Inc. (a)	1,157,149		$ 6,491,606
CalAmp Corp. (a)	65,195		713,885
Calix Networks, Inc. (a)(d)	75,213		644,575
Ciena Corp. (a)(d)	247,836		3,777,021
Clearfield, Inc. (a)	20,779		114,908
ClearOne, Inc. (a)	5,738		37,240
Communications Systems, Inc.	7,926		84,808
Comtech Telecommunications Corp.	62,000		1,660,360
Dialogic, Inc. (a)	8,251		17,080
Digi International, Inc. (a)	59,093		582,657
EchoStar Holding Corp. Class A (a)	114,498		4,332,604
EMCORE Corp. (a)(d)	83,286		485,557
Emulex Corp. (a)	242,671		1,565,228
Entrada Networks, Inc. (a)	292		0
Extreme Networks, Inc. (a)	291,313		1,019,596
Finisar Corp. (a)(d)	234,487		3,435,235
Globecomm Systems, Inc. (a)(d)	50,981		618,909
Harmonic, Inc. (a)	368,487		2,096,691
Infinera Corp. (a)(d)	276,140		1,792,149
InterDigital, Inc.	107,858		4,788,895
Ixia (a)(d)	132,326		2,683,571
KVH Industries, Inc. (a)(d)	38,479		512,540
Lantronix, Inc. (a)	2,994		5,898
Loral Space & Communications Ltd.	31,853		1,855,119
Meru Networks, Inc. (a)(d)	34,816		155,628
NETGEAR, Inc. (a)	98,312		3,347,524
NumereX Corp. Class A (a)	22,215		273,022
Oclaro, Inc. (a)(d)	193,484		257,334
Oplink Communications, Inc. (a)	41,842		642,693
Optical Cable Corp.	11,466		46,323
Palo Alto Networks, Inc. (d)	84,383		5,158,333
Parkervision, Inc. (a)(d)	198,476		791,919
PC-Tel, Inc.	41,380		286,350
Performance Technologies, Inc. (a)	4,304		4,007
Plantronics, Inc.	110,217		4,448,358
Polycom, Inc. (a)	433,677		3,950,797
Procera Networks, Inc. (a)	56,021		655,446
Relm Wireless Corp. (a)	22,872		49,632
Riverbed Technology, Inc. (a)	405,439		6,195,108
Ruckus Wireless, Inc. (d)	20,502		437,923
ShoreTel, Inc. (a)(d)	146,587		595,143
Sonus Networks, Inc. (a)	711,127		1,742,261
Sycamore Networks, Inc. (d)	78,342		178,620
Symmetricom, Inc. (a)	84,462		417,242
Technical Communications Corp.	2,835		11,822
Tellabs, Inc.	876,094		1,778,471
Telular Corp.	34,165		340,283
Tessco Technologies, Inc.	20,333		462,982
Ubiquiti Networks, Inc. (d)	28,412		391,233
ViaSat, Inc. (a)(d)	102,613		4,818,706
Westell Technologies, Inc. Class A (a)	132,720		241,550
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Communications Equipment - continued
Zhone Technologies, Inc. (a)	52,950		$ 47,126
Zoom Technologies, Inc. (a)(d)	47,286		34,046
			100,111,271
Computers & Peripherals - 0.6%
3D Systems Corp. (a)(d)	188,076		6,951,289
Avid Technology, Inc. (a)(d)	74,098		513,499
Concurrent Computer Corp.	10,743		75,094
Cray, Inc. (a)	92,594		1,791,694
Crossroads Systems, Inc. (a)	24,612		39,379
Datalink Corp. (a)	37,984		394,274
Dataram Corp. (a)	23,649		8,041
Diebold, Inc.	165,548		4,675,076
Dot Hill Systems Corp. (a)	105,073		136,595
Electronics for Imaging, Inc. (a)	119,049		2,745,270
Fusion-io, Inc. (a)(d)	178,187		3,007,797
Hauppauge Digital, Inc. (a)	28,370		23,547
Hutchinson Technology, Inc. (a)(d)	81,684		231,166
iGO, Inc. (a)	5,749		18,109
Imation Corp. (a)	76,999		262,567
Immersion Corp. (a)(d)	76,301		510,454
Intermec, Inc. (a)	138,904		1,375,150
Interphase Corp. (a)	11,825		25,897
Intevac, Inc. (a)	55,110		263,426
Lexmark International, Inc. Class A	163,360		3,597,187
NCR Corp. (a)	402,068		11,089,035
Novatel Wireless, Inc. (a)	94,259		204,542
OCZ Technology Group, Inc. (a)(d)	152,118		263,164
Overland Storage, Inc. (a)	57,061		63,908
QLogic Corp. (a)	236,741		2,694,113
Quantum Corp. (a)(d)	702,910		885,667
Rimage Corp.	32,359		220,688
Silicon Graphics International Corp. (a)(d)	85,074		1,280,364
STEC, Inc. (a)	87,553		422,005
Super Micro Computer, Inc. (a)(d)	69,717		815,689
Synaptics, Inc. (a)(d)	84,688		2,943,755
Transact Technologies, Inc.	18,832		148,773
USA Technologies, Inc. (a)(d)	79,221		194,091
Xplore Technologies Corp. (a)	5,105		18,582
			47,889,887
Electronic Equipment & Components - 2.0%
ADDvantage Technologies Group, Inc. (a)	11,928		26,838
Advanced Photonix, Inc. Class A (a)	41,087		16,846
Aeroflex Holding Corp. (a)	62,535		578,449
Agilysys, Inc. (a)	46,798		431,010
Anixter International, Inc.	63,144		4,351,884
Arrow Electronics, Inc. (a)	268,414		10,776,822
Audience, Inc.	22,271		303,776
Avnet, Inc. (a)	347,141		12,257,549
AVX Corp.	155,839		1,835,783

	Shares		Value
Badger Meter, Inc.	45,332		$ 2,301,052
Benchmark Electronics, Inc. (a)	158,358		2,758,596
Checkpoint Systems, Inc. (a)(d)	94,410		1,119,703
ClearSign Combustion Corp. (a)	6,607		33,630
Cognex Corp.	105,565		4,348,222
Coherent, Inc.	59,994		3,465,253
CTS Corp.	70,681		692,674
CUI Global, Inc. (a)	116		636
Daktronics, Inc.	90,602		925,046
Digital Ally, Inc. (a)	4,790		19,687
Document Security Systems, Inc. (a)(d)	42,498		95,621
Dolby Laboratories, Inc. Class A (d)	120,829		3,852,029
DTS, Inc. (a)(d)	52,729		1,049,307
Dynasil Corp. of America (a)	9,408		8,279
Echelon Corp. (a)	68,729		180,757
Electro Rent Corp.	46,174		747,095
Electro Scientific Industries, Inc.	54,174		596,456
eMagin Corp.	60,537		192,508
Fabrinet (a)	61,256		1,005,211
FARO Technologies, Inc. (a)(d)	49,501		2,096,367
FEI Co.	98,125		6,215,238
Frequency Electronics, Inc.	13,041		132,888
Giga-Tronics, Inc. (a)	4,585		7,474
I. D. Systems Inc. (a)	33,896		213,884
Identive Group, Inc. (a)(d)	118,347		171,603
IEC Electronics Corp. (a)	18,101		110,778
Image Sensing Systems, Inc. (a)	2,863		15,374
Ingram Micro, Inc. Class A (a)	374,327		7,059,807
Insight Enterprises, Inc. (a)	117,199		2,252,565
Intelli-Check, Inc. (a)(d)	25,728		20,582
IntriCon Corp. (a)	1,667		7,802
InvenSense, Inc. (a)(d)	87,954		1,057,207
IPG Photonics Corp. (d)	75,217		4,459,616
Iteris, Inc. (a)	52,448		91,784
Itron, Inc. (a)	100,179		4,214,531
KEMET Corp. (a)	129,653		838,855
KEY Tronic Corp. (a)	21,607		229,682
LGL Group, Inc. (a)	3,009		16,128
LightPath Technologies, Inc. Class A (a)	1,150		934
Littelfuse, Inc.	54,992		3,638,821
LoJack Corp. (a)	47,516		142,548
LRAD Corp. (a)	62,271		72,234
Maxwell Technologies, Inc. (a)(d)	78,927		690,611
Measurement Specialties, Inc. (a)(d)	38,164		1,386,116
Mercury Systems, Inc. (a)(d)	74,095		507,551
Mesa Laboratories, Inc.	5,851		310,454
Methode Electronics, Inc. Class A	85,089		1,115,517
MicroVision, Inc. (a)(d)	38,532		65,890
MOCON, Inc.	7,499		107,761
MTS Systems Corp.	39,155		2,114,370
Multi-Fineline Electronix, Inc. (a)	21,997		336,114
Napco Security Technolgies, Inc. (a)	17,472		65,869
National Instruments Corp.	241,839		7,274,517
Neonode, Inc. (a)(d)	53,267		283,913
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Electronic Equipment & Components - continued
NetList, Inc. (a)(d)	52,442		$ 40,905
Newport Corp. (a)	100,909		1,649,862
OSI Systems, Inc. (a)	47,544		2,739,961
Par Technology Corp. (a)	27,309		125,075
Parametric Sound Corp. (a)(d)	4,660		54,941
Park Electrochemical Corp.	43,720		1,106,116
PC Connection, Inc.	44,665		640,496
PC Mall, Inc. (a)	19,862		141,020
Perceptron, Inc.	25,360		156,725
Planar Systems, Inc. (a)	44,256		85,414
Plexus Corp. (a)	91,021		2,217,272
Power-One, Inc. (a)(d)	309,551		1,318,687
Pulse Electronics Corp. (a)	91,084		35,341
RadiSys Corp. (a)	64,186		268,939
RealD, Inc. (a)(d)	124,761		1,452,218
Research Frontiers, Inc. (a)(d)	45,641		149,702
RF Industries Ltd.	13,982		80,397
Richardson Electronics Ltd.	36,856		440,798
Rofin-Sinar Technologies, Inc. (a)(d)	70,385		1,870,129
Rogers Corp. (a)	40,714		1,942,465
Sanmina Corp. (a)	230,139		2,356,623
ScanSource, Inc. (a)	72,619		2,179,296
Sigmatron International, Inc. (a)	762		4,496
Superconductor Technologies, Inc. (a)(d)	141,606		27,627
SYNNEX Corp. (a)(d)	61,037		2,327,341
Tech Data Corp. (a)	104,357		5,537,182
Trimble Navigation Ltd. (a)	319,749		19,002,683
TTM Technologies, Inc. (a)	122,204		1,002,073
Uni-Pixel, Inc. (a)(d)	21,829		515,164
Universal Display Corp. (a)(d)	104,153		3,268,321
Viasystems Group, Inc. (a)	12,420		176,116
Vishay Intertechnology, Inc. (a)(d)	363,544		4,795,145
Vishay Precision Group, Inc. (a)	27,407		385,068
Wayside Technology Group, Inc.	460		5,874
Wireless Ronin Technologies, Inc. (a)	11,934		51,078
Wireless Telecom Group, Inc. (a)	11,376		15,130
Zygo Corp. (a)	43,493		622,820
			160,084,604
Internet Software & Services - 2.4%
Active Network, Inc. (a)(d)	102,886		482,535
Angie's List, Inc. (a)(d)	85,462		1,457,982
AOL, Inc. (d)	213,767		7,888,002
Autobytel, Inc. (a)	18,975		86,526
Bankrate, Inc. (a)(d)	106,485		1,197,956
Bazaarvoice, Inc. (d)	84,138		588,966
Blucora, Inc. (a)	102,827		1,593,819
Bridgeline Digital, Inc. (a)(d)	24,241		34,422
Brightcove, Inc. (d)	28,586		180,092
BroadVision, Inc. (a)(d)	7,417		60,597
Carbonite, Inc. (a)(d)	42,143		413,844
comScore, Inc. (a)(d)	102,141		1,628,128

	Shares		Value
Constant Contact, Inc. (a)(d)	78,162		$ 1,104,429
Cornerstone OnDemand, Inc. (a)	79,215		2,682,220
CoStar Group, Inc. (a)(d)	70,366		7,088,671
Crexendo, Inc.	12,555		33,899
DealerTrack Holdings, Inc. (a)	114,747		3,383,889
Demand Media, Inc. (a)(d)	91,995		745,160
Demandware, Inc. (d)	19,741		522,149
Dice Holdings, Inc. (a)(d)	127,377		1,227,914
Digital River, Inc. (a)	90,961		1,295,285
E2open, Inc. (d)	11,778		232,733
EarthLink, Inc.	265,160		1,540,580
eGain Communications Corp. (a)	32,997		263,646
Equinix, Inc. (a)(d)	123,996		26,231,354
ExactTarget, Inc.	58,790		1,311,017
Facebook, Inc. Class A	1,400,725		38,169,756
FriendFinder Networks, Inc. (a)(d)	90,515		56,907
GlowPoint, Inc. (a)	51,449		82,318
IAC/InterActiveCorp	208,895		8,512,471
Internap Network Services Corp. (a)(d)	129,788		1,126,560
Internet Media Services, Inc. (a)	7,375		148
Internet Patents Corp.	283		1,090
IntraLinks Holdings, Inc. (a)	118,223		695,151
Inuvo, Inc. (a)	37,507		26,292
iPass, Inc. (a)	114,238		229,618
j2 Global, Inc.	119,133		4,250,665
Keynote Systems, Inc.	36,547		558,438
Limelight Networks, Inc. (a)(d)	135,298		286,832
LinkedIn Corp. (a)	171,873		28,905,601
Liquidity Services, Inc. (a)(d)	60,291		2,052,909
LivePerson, Inc. (a)(d)	124,882		1,807,043
Local Corp. (a)(d)	49,826		83,209
LogMeIn, Inc. (a)(d)	55,363		988,783
LookSmart Ltd. (a)	44,306		37,261
Marchex, Inc. Class B (d)	52,192		197,286
Market Leader, Inc. (a)	52,432		390,094
MeetMe, Inc. (a)(d)	65,453		168,214
Millennial Media, Inc.	34,351		321,869
Monster Worldwide, Inc. (a)(d)	297,066		1,520,978
Move, Inc. (a)	106,256		1,037,059
NIC, Inc. (d)	152,343		2,699,518
Onvia.com, Inc. (a)	2,326		8,676
OpenTable, Inc. (a)(d)	57,795		3,213,402
Perficient, Inc. (a)	85,096		985,412
QuinStreet, Inc. (a)(d)	73,086		418,783
Rackspace Hosting, Inc. (a)	277,030		15,474,896
RealNetworks, Inc. (a)	63,414		461,020
Reis, Inc. (a)	17,421		265,670
Responsys, Inc. (a)	76,743		619,316
Saba Software, Inc. (a)	73,699		644,129
SciQuest, Inc. (a)	44,604		854,167
Selectica, Inc. (a)	2,268		23,655
Spark Networks, Inc. (a)(d)	9,898		71,464
SPS Commerce, Inc. (a)	34,967		1,307,416
Stamps.com, Inc. (a)	52,541		1,281,475
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Internet Software & Services - continued
Support.com, Inc. (a)	144,855		$ 564,935
Synacor, Inc. (d)	22,818		75,071
TechTarget, Inc. (a)	30,780		149,591
TheStreet.com, Inc.	58,323		107,898
Travelzoo, Inc. (a)(d)	22,916		482,840
Trulia, Inc. (d)	14,706		350,591
United Online, Inc.	227,052		1,339,607
Unwired Planet, Inc. (a)(d)	210,780		423,668
ValueClick, Inc. (a)(d)	186,200		4,965,954
Vocus, Inc. (a)(d)	57,794		811,428
Web.com Group, Inc. (a)(d)	85,039		1,452,466
WebMD Health Corp. (a)	125,513		2,773,837
WebMediaBrands, Inc. (a)	5,114		8,285
World Energy Solutions, Inc. (a)	2,295		8,423
XO Group, Inc. (a)(d)	65,794		602,015
Yelp, Inc. (d)	41,494		920,752
Zix Corp. (a)	168,463		633,421
			198,782,148
IT Services - 2.1%
Acxiom Corp. (a)	190,484		3,468,714
Alliance Data Systems Corp. (a)(d)	124,842		19,811,177
Analysts International Corp. (a)	4,541		16,665
Booz Allen Hamilton Holding Corp. Class A (d)	105,968		1,356,390
Broadridge Financial Solutions, Inc.	303,552		6,966,518
CACI International, Inc. Class A (a)(d)	63,775		3,236,581
Cardtronics, Inc. (a)	115,286		3,038,939
Cass Information Systems, Inc.	23,141		989,278
Ciber, Inc. (a)	139,655		621,465
Computer Task Group, Inc. (d)	35,213		700,739
Convergys Corp. (d)	288,092		4,779,446
CoreLogic, Inc. (a)	261,395		6,772,744
CSG Systems International, Inc. (a)(d)	89,895		1,744,862
CSP, Inc.	3,555		24,174
DST Systems, Inc.	76,200		5,175,504
Dynamics Research Corp. (a)	25,485		150,616
Edgewater Technology, Inc. (a)	11,761		45,986
EPAM Systems, Inc.	33,126		694,983
Euronet Worldwide, Inc. (a)(d)	123,144		2,972,696
ExlService Holdings, Inc. (a)	67,087		2,030,723
FleetCor Technologies, Inc. (a)	105,409		7,358,602
Forrester Research, Inc.	32,652		896,624
Gartner, Inc. Class A (a)(d)	238,446		11,865,073
Genpact Ltd.	340,401		5,994,462
Global Cash Access Holdings, Inc. (a)	167,540		1,189,534
Global Payments, Inc.	201,841		9,730,755
Hackett Group, Inc.	102,623		475,144
Heartland Payment Systems, Inc.	94,656		2,943,802
Higher One Holdings, Inc. (a)(d)	83,069		742,637
iGate Corp. (a)	77,401		1,479,133
Information Services Group, Inc. (a)	46,725		62,612

	Shares		Value
Innodata, Inc. (a)	58,124		$ 202,853
Jack Henry & Associates, Inc.	214,047		9,358,135
Lender Processing Services, Inc.	211,663		5,198,443
Lionbridge Technologies, Inc. (a)	146,424		559,340
ManTech International Corp. Class A (d)	65,288		1,619,795
Mattersight Corp. (a)(d)	15,883		72,426
Maximus, Inc.	88,092		6,411,336
ModusLink Global Solutions, Inc. (a)	101,501		292,323
MoneyGram International, Inc. (a)	51,816		839,937
NCI, Inc. Class A (a)	29,120		146,474
NeuStar, Inc. Class A (a)(d)	169,803		7,445,862
Newtek Business Services, Inc. (a)	5,503		10,291
Official Payments Holdings, Inc. (a)	27,138		158,757
Online Resources Corp. (a)(d)	78,643		301,203
PFSweb, Inc. (a)	60,946		210,264
PRG-Schultz International, Inc. (a)	45,131		293,352
Rainmaker Systems, Inc. (a)	15,480		10,093
Sapient Corp. (a)	279,486		3,135,833
ServiceSource International, Inc. (a)	138,958		878,215
StarTek, Inc. (a)	22,269		111,790
Storage Engine, Inc. (a)	500		0
Sykes Enterprises, Inc. (a)	94,516		1,404,508
Syntel, Inc.	45,523		2,738,664
Teletech Holdings, Inc. (a)	95,903		1,794,345
The Management Network Group, Inc. (a)	2,929		10,222
Unisys Corp. (a)	108,006		2,481,978
Vantiv, Inc.	118,855		2,586,285
VeriFone Systems, Inc. (a)	272,349		5,166,461
Virtusa Corp. (a)	53,287		1,116,363
WEX, Inc. (a)(d)	99,841		7,489,073
WidePoint Corp. (a)	102,981		61,789
WPCS International, Inc. (a)(d)	38,998		15,209
			169,458,197
Office Electronics - 0.1%
Zebra Technologies Corp. Class A (a)	126,750		5,668,260
Semiconductors & Semiconductor Equipment - 2.5%
Advanced Energy Industries, Inc. (a)	92,550		1,669,602
AEHR Test Systems (a)	9,000		8,100
Aetrium, Inc. (a)	6,743		5,057
Amkor Technology, Inc. (a)(d)	216,408		876,452
Amtech Systems, Inc. (a)(d)	19,914		79,457
ANADIGICS, Inc. (a)	156,061		329,289
Applied Micro Circuits Corp. (a)	210,775		1,675,661
Atmel Corp. (a)	1,129,746		7,682,273
ATMI, Inc. (a)	76,660		1,678,854
Axcelis Technologies, Inc. (a)	244,233		278,426
AXT, Inc. (a)	91,754		261,499
Brooks Automation, Inc.	168,253		1,701,038
BTU International, Inc. (a)	13,926		40,525
Cabot Microelectronics Corp. (d)	60,424		2,064,688
Cascade Microtech, Inc. (a)	15,468		110,287
Cavium, Inc. (a)	128,613		4,748,392
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Semiconductors & Semiconductor Equipment - continued
Ceva, Inc. (a)	52,616		$ 796,080
Cirrus Logic, Inc. (a)(d)	167,840		4,034,874
Cohu, Inc.	53,812		541,349
Cree, Inc. (a)(d)	296,946		13,430,868
CVD Equipment Corp. (a)(d)	8,902		90,800
CyberOptics Corp. (a)	9,297		60,338
Cymer, Inc. (a)	79,116		7,822,990
Cypress Semiconductor Corp. (d)	376,336		3,962,818
DayStar Technologies, Inc. (a)	3,735		4,482
Diodes, Inc. (a)(d)	100,150		1,995,990
DSP Group, Inc. (a)	46,628		337,587
Entegris, Inc. (a)	357,751		3,402,212
Entropic Communications, Inc. (a)	218,133		961,967
Exar Corp. (a)	117,125		1,376,219
Fairchild Semiconductor International, Inc. (a)	311,027		4,435,245
FormFactor, Inc. (a)	119,495		599,865
GigOptix, Inc. (a)	52,290		57,519
GSI Technology, Inc. (a)	42,569		273,293
GT Advanced Technologies, Inc. (a)(d)	320,977		917,994
Hittite Microwave Corp. (a)(d)	77,384		5,016,031
Ikanos Communications, Inc. (a)	115,443		200,871
Inphi Corp. (a)	47,066		454,658
Integrated Device Technology, Inc. (a)	372,872		2,535,530
Integrated Silicon Solution, Inc. (a)(d)	60,108		510,918
Intermolecular, Inc. (a)	38,814		375,331
International Rectifier Corp. (a)(d)	185,703		3,903,477
Intersil Corp. Class A	336,120		2,853,659
Intest Corp.	34,005		114,937
IXYS Corp.	59,965		597,851
Kopin Corp. (a)(d)	153,988		495,841
Kulicke & Soffa Industries, Inc. (a)	219,474		2,374,709
Lattice Semiconductor Corp. (a)	288,100		1,348,308
LTX-Credence Corp. (a)	104,147		604,053
M/A-COM Technology Solutions, Inc.	36,240		587,088
Marvell Technology Group Ltd.	1,191,439		12,033,534
Mattson Technology, Inc. (a)(d)	136,613		168,034
Maxim Integrated Products, Inc.	731,782		22,816,963
MaxLinear, Inc. Class A (a)	55,325		325,311
MEMC Electronic Materials, Inc. (a)	570,025		2,821,624
MEMSIC, Inc. (a)	20,654		71,050
Micrel, Inc. (d)	106,931		1,124,914
Microsemi Corp. (a)	233,279		4,812,546
Mindspeed Technologies, Inc. (a)(d)	83,459		371,393
MKS Instruments, Inc.	138,930		3,770,560
Monolithic Power Systems, Inc. (d)	82,168		2,020,511
MoSys, Inc. (a)(d)	79,294		275,150
Nanometrics, Inc. (a)	47,327		698,073
NeoPhotonics Corp. (a)	37,763		189,570
NVE Corp. (a)(d)	11,458		606,816
Omnivision Technologies, Inc. (a)(d)	127,409		1,963,373

	Shares		Value
ON Semiconductor Corp. (a)(d)	1,102,007		$ 8,816,056
PDF Solutions, Inc. (a)	59,811		929,463
Peregrine Semiconductor Corp.	13,204		131,908
Pericom Semiconductor Corp. (a)	65,839		462,190
Photronics, Inc. (a)(d)	140,736		934,487
Pixelworks, Inc. (a)	35,295		85,414
PLX Technology, Inc. (a)	94,818		450,386
PMC-Sierra, Inc. (a)	528,027		3,426,895
Power Integrations, Inc.	76,690		3,206,409
QuickLogic Corp. (a)(d)	98,963		213,760
Rambus, Inc. (a)	282,588		1,593,796
RF Micro Devices, Inc. (a)	692,103		3,190,595
Rubicon Technology, Inc. (a)(d)	35,909		185,290
Rudolph Technologies, Inc. (a)(d)	80,303		884,939
Semtech Corp. (a)(d)	171,967		5,257,031
Sigma Designs, Inc. (a)	73,525		341,891
Silicon Image, Inc. (a)	188,435		868,685
Silicon Laboratories, Inc. (a)(d)	98,854		4,104,418
Skyworks Solutions, Inc. (a)	497,782		10,602,757
Spansion, Inc. Class A	142,425		1,674,918
Spire Corp. (a)	200		149
STR Holdings, Inc. (a)(d)	118,407		236,814
SunPower Corp. (a)(d)	103,185		1,211,392
Supertex, Inc.	23,977		541,640
Tessera Technologies, Inc.	137,632		2,455,355
TranSwitch Corp. (a)	48,274		40,063
TriQuint Semiconductor, Inc. (a)	408,220		1,918,634
Ultra Clean Holdings, Inc. (a)	64,500		380,550
Ultratech, Inc. (a)	70,372		2,883,845
Veeco Instruments, Inc. (a)(d)	104,674		3,340,147
Vitesse Semiconductor Corp. (a)(d)	78,832		164,759
Volterra Semiconductor Corp. (a)	67,755		1,040,039
			205,929,449
Software - 3.9%
Accelrys, Inc. (a)(d)	131,743		1,246,289
ACI Worldwide, Inc. (a)	99,576		4,561,577
Activision Blizzard, Inc.	1,075,164		15,374,845
Actuate Corp. (a)	117,367		705,376
Advent Software, Inc. (a)	77,474		2,029,819
American Software, Inc. Class A	56,018		457,107
ANSYS, Inc. (a)	235,955		17,885,389
Aspen Technology, Inc. (a)	236,103		7,262,528
Astea International, Inc. (a)	13,242		36,416
Asure Software, Inc. (a)	1,517		9,982
Blackbaud, Inc.	118,202		3,286,016
Bottomline Technologies, Inc. (a)(d)	97,921		2,656,597
BroadSoft, Inc. (a)	69,547		1,460,487
BSQUARE Corp. (a)	30,361		89,565
Cadence Design Systems, Inc. (a)(d)	717,690		10,162,490
Callidus Software, Inc. (a)(d)	116,069		504,900
Cinedigm Digital Cinema Corp. (a)	50,701		69,460
CommVault Systems, Inc. (a)	107,042		7,915,756
Compuware Corp. (a)	548,846		6,372,102
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Software - continued
Comverse, Inc.	54,668		$ 1,504,463
Concur Technologies, Inc. (a)(d)	113,580		7,973,316
Cover-All Technologies, Inc. (a)	2,815		3,406
Datawatch Corp. (a)	5,578		60,689
Digimarc Corp.	13,264		296,185
Ebix, Inc. (d)	82,847		1,328,037
Ellie Mae, Inc. (a)	34,300		696,290
Envivio, Inc. (d)	17,506		29,760
EPIQ Systems, Inc.	103,997		1,293,723
ePlus, Inc.	9,557		439,240
Evolving Systems, Inc.	12,044		80,695
FactSet Research Systems, Inc. (d)	101,287		9,854,212
Fair Isaac Corp.	90,000		3,990,600
FalconStor Software, Inc. (a)	86,450		232,551
Fonix Corp. (a)	1		0
Fortinet, Inc. (a)	335,650		8,116,017
Globalscape, Inc.	6,122		10,285
Glu Mobile, Inc. (a)(d)	116,341		264,094
GSE Systems, Inc. (a)	33,148		74,914
Guidance Software, Inc. (a)	25,308		248,271
Guidewire Software, Inc. (a)(d)	75,782		2,769,832
Imperva, Inc. (a)	28,729		1,048,609
Infoblox, Inc. (d)	102,456		2,160,797
Informatica Corp. (a)	275,904		9,659,399
Interactive Intelligence Group, Inc. (a)	39,218		1,631,861
Jive Software, Inc. (a)(d)	64,060		1,062,115
Majesco Entertainment Co. (a)	169,132		90,401
Manhattan Associates, Inc. (a)	59,488		4,155,832
Marlborough Software Development Holdings, Inc.	3,682		552
Mentor Graphics Corp.	240,557		4,260,264
MICROS Systems, Inc. (a)(d)	205,749		8,806,057
MicroStrategy, Inc. Class A (a)	21,893		2,230,459
Mitek Systems, Inc. (a)(d)	72,082		309,953
Monotype Imaging Holdings, Inc.	103,012		2,163,252
Motricity, Inc. (a)(d)	112,960		45,173
NetScout Systems, Inc. (a)	96,131		2,444,611
NetSol Technologies, Inc. (a)	16,096		186,392
NetSuite, Inc. (a)(d)	78,193		5,457,089
Nuance Communications, Inc. (a)(d)	634,615		11,683,262
Parametric Technology Corp. (a)	307,447		7,114,324
Park City Group, Inc. (a)	3,053		10,441
Peerless Systems Corp. (a)	15,698		50,234
Pegasystems, Inc.	43,949		1,203,763
Pervasive Software, Inc. (a)	25,547		233,755
Progress Software Corp. (a)	171,703		3,866,752
Proofpoint, Inc.	36,347		508,131
PROS Holdings, Inc. (a)	54,306		1,415,214
QAD, Inc. Class B	24,367		293,135
QLIK Technologies, Inc. (a)	189,518		4,927,468
Qualys, Inc.	18,211		215,982

	Shares		Value
RealPage, Inc. (a)(d)	96,465		$ 2,089,432
Rosetta Stone, Inc. (a)	28,088		325,259
Rovi Corp. (a)	268,338		4,773,733
SeaChange International, Inc. (a)	69,895		805,190
ServiceNow, Inc. (d)	29,503		957,962
Smith Micro Software, Inc. (a)	72,854		106,367
SolarWinds, Inc. (a)	156,443		8,832,772
Solera Holdings, Inc.	178,111		10,027,649
Sonic Foundry, Inc. (a)	2,194		15,139
Sourcefire, Inc. (a)(d)	78,325		4,200,570
Splunk, Inc. (d)	63,708		2,301,770
SS&C Technologies Holdings, Inc. (a)	104,155		2,636,163
Synchronoss Technologies, Inc. (a)(d)	71,953		2,170,822
Synopsys, Inc. (a)	381,214		13,353,926
Take-Two Interactive Software, Inc. (a)	233,028		3,411,530
Tangoe, Inc. (a)	82,180		1,123,401
TeleCommunication Systems, Inc. Class A (a)	110,511		255,280
TeleNav, Inc. (a)	41,916		298,023
TIBCO Software, Inc. (a)	398,718		8,552,501
TiVo, Inc. (a)(d)	322,529		3,996,134
Tyler Technologies, Inc. (a)	75,793		4,274,725
Ultimate Software Group, Inc. (a)(d)	68,452		6,726,778
Vasco Data Security International, Inc. (a)	64,183		530,793
Verint Systems, Inc. (a)	128,637		4,395,526
VirnetX Holding Corp. (a)(d)	105,277		3,708,909
VMware, Inc. Class A (a)(d)	217,274		15,606,791
Vringo, Inc. (a)(d)	112,758		342,784
Wave Systems Corp. Class A (a)(d)	226,143		199,006
Websense, Inc. (a)	91,565		1,372,559
Workday, Inc.	57,322		3,169,333
Zynga, Inc. (a)(d)	1,225,343		4,153,913
			313,303,298
TOTAL INFORMATION TECHNOLOGY			1,201,227,114
MATERIALS - 5.6%
Chemicals - 2.7%
A. Schulman, Inc.	78,267		2,453,670
ADA-ES, Inc. (a)(d)	36,134		960,080
Albemarle Corp.	226,311		14,728,320
American Pacific Corp. (a)	20,080		371,480
American Vanguard Corp.	65,053		2,018,595
Arabian American Development Co. (a)	42,258		311,019
Ashland, Inc.	184,581		14,391,781
Axiall Corp.	176,290		9,974,488
Balchem Corp.	77,120		3,110,250
Cabot Corp.	149,170		5,486,473
Calgon Carbon Corp. (a)(d)	149,975		2,558,574
Celanese Corp. Class A	402,433		18,853,986
Chase Corp.	12,286		231,468
Chemtura Corp. (a)	255,000		5,130,600
Clean Diesel Technologies, Inc. (a)(d)	33,479		80,015
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Chemicals - continued
Core Molding Technologies, Inc. (a)	11,521		$ 80,071
Cytec Industries, Inc.	114,248		8,270,413
Ferro Corp. (a)	212,580		1,090,535
Flotek Industries, Inc. (a)(d)	137,545		1,931,132
FutureFuel Corp.	37,342		489,554
GSE Holding, Inc.	16,500		118,635
H.B. Fuller Co.	130,210		5,321,683
Hawkins, Inc.	22,191		875,213
Huntsman Corp.	484,220		8,343,111
Innophos Holdings, Inc.	55,185		2,694,684
Intrepid Potash, Inc.	143,302		2,824,482
KMG Chemicals, Inc.	19,780		390,853
Koppers Holdings, Inc.	50,513		2,095,279
Kraton Performance Polymers, Inc. (a)	86,645		2,082,946
Kronos Worldwide, Inc. (d)	60,714		1,038,817
Landec Corp. (a)	84,086		925,787
LSB Industries, Inc. (a)	50,999		1,976,211
Material Sciences Corp. (a)(d)	23,734		240,900
Minerals Technologies, Inc.	95,148		3,828,756
NewMarket Corp.	27,248		6,857,504
Northern Technologies International Corp. (a)	1,103		14,791
Olin Corp.	200,452		4,642,468
OM Group, Inc. (a)(d)	81,882		2,009,384
OMNOVA Solutions, Inc. (a)(d)	113,582		909,792
Penford Corp. (a)	27,329		277,389
PolyOne Corp.	229,909		5,239,626
Quaker Chemical Corp.	32,517		1,866,801
Rockwood Holdings, Inc.	195,625		12,246,125
RPM International, Inc.	336,631		10,236,949
Senomyx, Inc. (a)(d)	114,790		276,644
Sensient Technologies Corp.	124,362		4,590,201
Spartech Corp. (a)	67,518		666,403
Stepan Co.	42,656		2,612,253
The Scotts Miracle-Gro Co. Class A	104,032		4,609,658
TOR Minerals International, Inc. (a)	3,831		41,835
Tredegar Corp.	61,191		1,497,956
Tronox Ltd. Class A	57,314		1,177,230
Valhi, Inc. (d)	64,947		1,057,337
Valspar Corp.	215,306		13,265,003
W.R. Grace & Co. (a)	177,559		12,709,673
Westlake Chemical Corp.	48,958		4,221,159
Zep, Inc.	50,668		757,993
Zoltek Companies, Inc. (a)(d)	65,740		614,669
			217,678,704
Construction Materials - 0.3%
Eagle Materials, Inc.	123,296		7,929,166
Headwaters, Inc. (a)	179,895		1,692,812
Martin Marietta Materials, Inc.	115,426		11,211,327
Texas Industries, Inc. (a)(d)	58,355		3,387,508

	Shares		Value
U.S. Concrete, Inc. (a)	25,199		$ 246,950
United States Lime & Minerals, Inc. (a)	7,538		395,293
			24,863,056
Containers & Packaging - 0.9%
AEP Industries, Inc. (a)	13,400		945,102
Aptargroup, Inc.	166,296		8,970,006
Berry Plastics Group, Inc.	70,965		1,363,947
Boise, Inc.	247,252		2,123,895
Crown Holdings, Inc. (a)	371,357		14,434,647
Graphic Packaging Holding Co. (a)	299,085		2,219,211
Greif, Inc. Class A	90,875		4,622,811
MOD-PAC Corp. (sub. vtg.) (a)	3,740		30,705
Myers Industries, Inc.	100,702		1,482,333
Packaging Corp. of America	246,303		10,290,539
Rock-Tenn Co. Class A	179,926		15,914,455
Silgan Holdings, Inc.	119,019		5,109,486
Sonoco Products Co.	239,162		7,598,177
UFP Technologies, Inc. (a)	15,846		299,806
			75,405,120
Metals & Mining - 1.3%
A.M. Castle & Co. (a)(d)	38,879		638,782
AK Steel Holding Corp. (d)	317,663		1,191,236
Allied Nevada Gold Corp. (a)(d)	209,568		3,835,094
Amcol International Corp.	61,309		1,792,675
Carpenter Technology Corp.	115,927		5,475,232
Century Aluminum Co. (a)	132,753		1,076,627
Coeur d'Alene Mines Corp. (a)	223,687		4,252,290
Commercial Metals Co.	293,644		4,789,334
Compass Minerals International, Inc.	82,516		6,083,080
Comstock Mining, Inc. (a)(d)	83,725		165,776
Friedman Industries	15,788		172,721
General Moly, Inc. (a)	202,841		592,296
Globe Specialty Metals, Inc.	170,087		2,430,543
Golden Minerals Co. (a)(d)	115,781		335,765
Handy & Harman Ltd. (a)	41,326		669,481
Haynes International, Inc.	32,086		1,652,429
Hecla Mining Co.	709,617		3,292,623
Horsehead Holding Corp. (a)(d)	105,544		1,115,600
Kaiser Aluminum Corp. (d)	41,453		2,538,582
Materion Corp.	49,172		1,360,098
McEwen Mining, Inc. (a)	715,025		1,737,511
Metals USA Holdings Corp.	48,992		1,016,094
Mines Management, Inc. (a)(d)	69,165		75,390
Molycorp, Inc. (a)(d)	312,599		1,919,358
Noranda Aluminium Holding Corp.	166,713		793,554
Olympic Steel, Inc.	20,461		422,929
Prospect Global Resources, Inc. (a)	24,337		29,935
Reliance Steel & Aluminum Co.	193,919		12,913,066
Royal Gold, Inc.	165,443		10,843,134
RTI International Metals, Inc. (a)(d)	74,509		2,210,682
Schnitzer Steel Industries, Inc. Class A	62,943		1,800,799
Silver Bull Resources, Inc. (a)(d)	148,902		49,882
Solitario Exploration & Royalty Corp. (a)	57,827		89,632
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Metals & Mining - continued
Steel Dynamics, Inc. (d)	561,482		$ 8,573,830
Stillwater Mining Co. (a)(d)	313,830		4,092,343
SunCoke Energy, Inc. (a)	184,578		3,043,691
Synalloy Corp.	9,327		127,314
Timberline Resources Corp. (a)(d)	213,150		40,499
U.S. Silica Holdings, Inc. (d)	42,160		1,036,714
Universal Stainless & Alloy Products, Inc. (a)	18,357		651,490
US Antimony Corp. (a)(d)	61,920		115,790
Walter Energy, Inc. (d)	157,784		5,015,953
Worthington Industries, Inc. (d)	134,816		3,820,685
			103,880,539
Paper & Forest Products - 0.4%
Boise Cascade Co.	29,600		802,160
Buckeye Technologies, Inc.	96,053		2,663,550
Clearwater Paper Corp. (a)	61,188		2,960,887
Deltic Timber Corp.	29,841		2,130,349
Domtar Corp.	90,715		6,763,710
Kapstone Paper & Packaging Corp.	96,111		2,560,397
Louisiana-Pacific Corp. (a)	342,651		7,185,391
Neenah Paper, Inc.	36,724		1,072,341
P.H. Glatfelter Co.	142,034		2,577,917
Resolute Forest Products (a)(d)	259,455		3,580,479
Schweitzer-Mauduit International, Inc.	87,906		3,239,336
Verso Paper Corp. (a)(d)	31,277		33,466
Wausau-Mosinee Paper Corp.	98,528		972,471
			36,542,454
TOTAL MATERIALS			458,369,873
TELECOMMUNICATION SERVICES - 0.9%
Diversified Telecommunication Services - 0.4%
8x8, Inc. (a)	207,358		1,254,516
Alaska Communication Systems Group, Inc. (d)	97,590		167,855
Allegiance Telecom, Inc. (a)	15,750		0
Alteva	11,334		124,107
Atlantic Tele-Network, Inc.	25,792		1,212,224
Cbeyond, Inc. (a)	66,391		466,065
Cincinnati Bell, Inc. (a)(d)	548,019		1,781,062
Cogent Communications Group, Inc.	126,168		3,173,125
Consolidated Communications Holdings, Inc. (d)	90,904		1,527,187
Elephant Talk Communication, Inc. (a)(d)	200,060		240,072
FairPoint Communications, Inc. (a)(d)	56,860		474,781
General Communications, Inc. Class A (a)	82,347		695,832
Hawaiian Telcom Holdco, Inc. (a)	21,226		409,025
HickoryTech Corp.	34,243		321,542
IDT Corp. Class B	44,462		449,511
inContact, Inc. (a)(d)	134,662		914,355

	Shares		Value
Iridium Communications, Inc. (a)(d)	169,319		$ 1,034,539
Level 3 Communications, Inc. (a)(d)	411,564		8,223,049
Lumos Networks Corp.	42,527		485,658
Multiband Corp. (a)	27,198		59,292
Neutral Tandem, Inc.	104,102		357,070
ORBCOMM, Inc. (a)	78,686		347,005
Premiere Global Services, Inc. (a)	109,608		1,169,517
Primus Telecommunications Group, Inc.	26,065		286,454
Towerstream Corp. (a)(d)	163,311		406,644
tw telecom, inc. (a)	379,421		9,606,940
Vonage Holdings Corp. (a)	388,357		1,025,262
			36,212,689
Wireless Telecommunication Services - 0.5%
Boingo Wireless, Inc. (a)(d)	25,257		153,563
Clearwire Corp. Class A (a)	1,111,846		3,468,960
Leap Wireless International, Inc. (a)(d)	140,047		749,251
NII Holdings, Inc. (a)(d)	442,815		2,134,368
NTELOS Holdings Corp.	42,305		527,966
SBA Communications Corp. Class A (a)(d)	314,310		22,353,727
Shenandoah Telecommunications Co.	52,949		762,995
Telephone & Data Systems, Inc.	254,617		5,828,183
U.S. Cellular Corp. (a)	37,864		1,393,017
USA Mobility, Inc.	61,882		719,069
			38,091,099
TOTAL TELECOMMUNICATION SERVICES			74,303,788
UTILITIES - 3.6%
Electric Utilities - 1.4%
Allete, Inc.	92,458		4,345,526
Cleco Corp.	155,364		6,882,625
El Paso Electric Co.	107,795		3,594,963
Empire District Electric Co.	112,476		2,408,111
Great Plains Energy, Inc.	383,697		8,376,106
Hawaiian Electric Industries, Inc.	251,655		6,792,168
IDACORP, Inc.	127,244		5,941,022
ITC Holdings Corp.	133,175		11,255,951
MGE Energy, Inc.	67,449		3,620,662
NV Energy, Inc.	576,146		11,384,645
OGE Energy Corp. (d)	248,273		14,377,489
Otter Tail Corp.	105,764		3,055,522
PNM Resources, Inc.	211,467		4,749,549
Portland General Electric Co.	187,498		5,566,816
UIL Holdings Corp.	127,515		4,993,487
Unitil Corp.	33,222		909,618
UNS Energy Corp.	109,304		5,139,474
Westar Energy, Inc.	312,727		9,700,792
			113,094,526
Gas Utilities - 0.9%
Atmos Energy Corp.	227,295		8,675,850
Chesapeake Utilities Corp.	26,929		1,293,400
Delta Natural Gas Co., Inc.	13,699		267,678
Common Stocks - continued
	Shares		Value
UTILITIES - continued
Gas Utilities - continued
Gas Natural, Inc.	13,409		$ 133,285
Laclede Group, Inc.	50,946		2,076,559
National Fuel Gas Co. (d)	211,913		12,331,217
New Jersey Resources Corp.	111,043		4,948,076
Northwest Natural Gas Co.	72,448		3,300,006
Piedmont Natural Gas Co., Inc. (d)	187,806		6,054,865
Questar Corp.	434,281		10,209,946
RGC Resources, Inc.	2,242		40,378
South Jersey Industries, Inc.	80,362		4,431,161
Southwest Gas Corp.	122,634		5,555,320
UGI Corp.	280,120		10,033,898
WGL Holdings, Inc.	132,647		5,593,724
			74,945,363
Independent Power Producers & Energy Traders - 0.3%
American DG Energy, Inc. (a)(d)	66,943		147,275
Black Hills Corp.	111,612		4,641,943
Calpine Corp. (a)	983,666		18,099,454
Dynegy, Inc. (a)(d)	213,790		4,183,870
Genie Energy Ltd. Class B	48,524		340,638
Ormat Technologies, Inc. (d)	66,515		1,359,567
Synthesis Energy Systems, Inc. (a)	108,052		115,616
US Geothermal, Inc. (a)(d)	223,992		71,677
			28,960,040
Multi-Utilities - 0.5%
Alliant Energy Corp.	274,508		13,091,287
Avista Corp.	144,014		3,771,727
CH Energy Group, Inc.	41,279		2,688,501
MDU Resources Group, Inc.	493,199		11,915,688
NorthWestern Energy Corp.	92,662		3,611,965
Vectren Corp.	212,639		7,017,087
			42,096,255
Water Utilities - 0.5%
American States Water Co.	47,115		2,495,210
American Water Works Co., Inc.	443,191		17,483,885
Aqua America, Inc.	361,486		10,530,087
Artesian Resources Corp. Class A	17,456		388,396
Cadiz, Inc. (a)(d)	34,362		231,600
California Water Service Group	132,314		2,654,219
Connecticut Water Service, Inc.	21,351		637,541
Middlesex Water Co.	51,194		996,235
Pure Cycle Corp. (a)	69,664		279,353
SJW Corp.	32,982		874,353
York Water Co.	39,414		727,582
			37,298,461
TOTAL UTILITIES			296,394,645
TOTAL COMMON STOCKS (Cost $6,503,734,234)		8,043,129,797

U.S. Treasury Obligations - 0.1%
	Principal Amount	Value
U.S. Treasury Bills, yield at date of purchase 0.1% to 0.14% 5/23/13 to 6/27/13 (e) (Cost $4,998,229)	$ 5,000,000	$ 4,998,433

Money Market Funds - 17.1%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	121,188,760		121,188,760
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	1,270,001,721		1,270,001,721
TOTAL MONEY MARKET FUNDS (Cost $1,391,190,481)		1,391,190,481
TOTAL INVESTMENT PORTFOLIO - 115.9% (Cost $7,899,922,944)			9,439,318,711
NET OTHER ASSETS (LIABILITIES) - (15.9)%		(1,293,383,838)
NET ASSETS - 100%		$ 8,145,934,873

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
Purchased
Equity Index Contracts
371 CME E-mini S&P MidCap 400 Index Contracts	March 2013	$ 40,873,070	$ 3,010,698
676 NYFE Russell 2000 Mini Index Contracts	March 2013	61,529,520	4,711,348
TOTAL EQUITY INDEX CONTRACTS		$ 102,402,590	$ 7,722,046

The face value of futures purchased as a percentage of net assets is 1.3%

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $4,098,640.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 118,467
Fidelity Securities Lending Cash Central Fund	15,326,897
Total	$ 15,445,364

Other Information

The following is a summary of the inputs used, as of February 28, 2013, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the tables below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 1,250,409,959	$ 1,250,409,959	$ -	$ -
Consumer Staples	261,264,412	261,264,412	-	-
Energy	538,486,147	538,486,147	-	-
Financials	1,856,416,579	1,856,413,823	-	2,756
Health Care	857,312,452	857,312,448	-	4
Industrials	1,248,944,828	1,248,930,202	14,626	-
Information Technology	1,201,227,114	1,201,227,114	-	-
Materials	458,369,873	458,369,873	-	-
Telecommunication Services	74,303,788	74,303,788	-	-
Utilities	296,394,645	296,394,645	-	-
U.S. Government and Government Agency Obligations	4,998,433	-	4,998,433	-
Money Market Funds	1,391,190,481	1,391,190,481	-	-
Total Investments in Securities:	$ 9,439,318,711	$ 9,434,302,892	$ 5,013,059	$ 2,760
Derivative Instruments:
Assets
Futures Contracts	$ 7,722,046	$ 7,722,046	$ -	$ -

Value of Derivative Instruments

Risk Exposure / Derivative Type	Value
	Asset	Liability
Equity Risk
Futures Contracts (a)	$ 7,722,046	$ -
Total Value of Derivatives	$ 7,722,046	$ -

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan Extended Market Index Fund

Financial Statements

Statement of Assets and Liabilities

	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $1,236,139,619) - See accompanying schedule: Unaffiliated issuers (cost $6,508,732,463)	$ 8,048,128,230
Fidelity Central Funds (cost $1,391,190,481)	1,391,190,481
Total Investments (cost $7,899,922,944)		$ 9,439,318,711
Cash		151,372
Receivable for investments sold		8,617,899
Receivable for fund shares sold		12,216,175
Dividends receivable		6,081,894
Distributions receivable from Fidelity Central Funds		1,215,661
Receivable for daily variation margin on futures contracts		28,127
Receivable from investment adviser for expense reductions		1,182
Other receivables		3,132
Total assets		9,467,634,153

Liabilities
Payable for investments purchased	$ 42,634,127
Payable for fund shares redeemed	8,568,580
Accrued management fee	403,313
Other affiliated payables	91,539
Collateral on securities loaned, at value	1,270,001,721
Total liabilities		1,321,699,280

Net Assets		$ 8,145,934,873
Net Assets consist of:
Paid in capital		$ 6,566,496,840
Undistributed net investment income		12,923,003
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions		19,397,217
Net unrealized appreciation (depreciation) on investments		1,547,117,813
Net Assets		$ 8,145,934,873

Statement of Assets and Liabilities - continued

	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($971,857,240 ÷ 22,540,446 shares)		$ 43.12

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($7,173,852,040 ÷ 166,373,409 shares)		$ 43.12

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($225,593 ÷ 5,233 shares)		$ 43.11

See accompanying notes which are an integral part of the financial statements.

Annual Report

Statement of Operations

	Year ended February 28, 2013

Investment Income
Dividends		$ 118,473,606
Interest		8,625
Income from Fidelity Central Funds (including $15,326,897 from security lending)		15,445,364
Total income		133,927,595

Expenses
Management fee	$ 4,131,985
Transfer agent fees	1,261,483
Independent trustees' compensation	44,441
Miscellaneous	17,439
Total expenses before reductions	5,455,348
Expense reductions	(1,784)	5,453,564
Net investment income (loss)		128,474,031
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	178,938,374
Foreign currency transactions	2,666
Futures contracts	10,780,134
Total net realized gain (loss)		189,721,174
Change in net unrealized appreciation (depreciation) on: Investment securities	638,416,432
Assets and liabilities in foreign currencies	(626)
Futures contracts	1,141,781
Total change in net unrealized appreciation (depreciation)		639,557,587
Net gain (loss)		829,278,761
Net increase (decrease) in net assets resulting from operations		$ 957,752,792

Statement of Changes in Net Assets

	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 128,474,031	$ 74,746,560
Net realized gain (loss)	189,721,174	132,271,976
Change in net unrealized appreciation (depreciation)	639,557,587	(112,097,829)
Net increase (decrease) in net assets resulting from operations	957,752,792	94,920,707
Distributions to shareholders from net investment income	(123,000,708)	(69,414,947)
Distributions to shareholders from net realized gain	(200,713,554)	(127,979,459)
Total distributions	(323,714,262)	(197,394,406)
Share transactions - net increase (decrease)	994,205,584	652,403,567
Redemption fees	653,587	919,879
Total increase (decrease) in net assets	1,628,897,701	550,849,747

Net Assets
Beginning of period	6,517,037,172	5,966,187,425
End of period (including undistributed net investment income of $12,923,003 and undistributed net investment income of $10,311,506, respectively)	$ 8,145,934,873	$ 6,517,037,172

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.66	$ 40.35	$ 31.08	$ 18.73	$ 35.15
Income from Investment Operations
Net investment income (loss)^B	.73	.48	.43	.36	.50
Net realized and unrealized gain (loss)	4.61	.10	9.71	12.40	(15.73)
Total from investment operations	5.34	.58	10.14	12.76	(15.23)
Distributions from net investment income	(.70)	(.45)	(.36)	(.35)	(.43)
Distributions from net realized gain	(1.17)	(.84)	(.51)	(.06)	(.76)
Total distributions	(1.88)^J	(1.28)^I	(.87)	(.41)^H	(1.19)
Redemption fees added to paid in capital^B	-^G	.01	-^G	-^G	-^G
Net asset value, end of period	$ 43.12	$ 39.66	$ 40.35	$ 31.08	$ 18.73
Total Return^A	14.00%	1.76%	32.95%	68.20%	(44.26)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.10%	.10%	.10%	.10%	.10%
Expenses net of fee waivers, if any	.10%	.10%	.10%	.10%	.10%
Expenses net of all reductions	.10%	.10%	.10%	.10%	.10%
Net investment income (loss)	1.85%	1.26%	1.24%	1.35%	1.71%
Supplemental Data
Net assets, end of period (000 omitted)	$ 971,857	$ 2,606,631	$ 4,440,988	$ 2,692,346	$ 1,446,984
Portfolio turnover rate^D	10%	11%	8%	26%	16%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^B Calculated based on average shares outstanding during the period. ^C Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^F For the year ended February 29. ^G Amount represents less than $.01 per share. ^H Total distributions of $.41 per share is comprised of distributions from net investment income of $.350 and distributions from net realized gain of $.055 per share. ^I Total distributions of $1.28 per share is comprised of distributions from net investment income of $.446 and distributions from net realized gain of $.837 per share. ^J Total distributions of $1.88 per share is comprised of distributions from net investment income of $.703 and distributions from net realized gain of $1.172 per share.

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 39.66	$ 40.36	$ 31.08	$ 18.73	$ 35.15
Income from Investment Operations
Net investment income (loss)^B	.75	.48	.44	.37	.52
Net realized and unrealized gain (loss)	4.60	.10	9.72	12.39	(15.74)
Total from investment operations	5.35	.58	10.16	12.76	(15.22)
Distributions from net investment income	(.72)	(.46)	(.37)	(.36)	(.44)
Distributions from net realized gain	(1.17)	(.84)	(.51)	(.06)	(.76)
Total distributions	(1.89)	(1.29)^I	(.88)	(.41)^H	(1.20)
Redemption fees added to paid in capital^B	-^G	.01	-^G	-^G	-^G
Net asset value, end of period	$ 43.12	$ 39.66	$ 40.36	$ 31.08	$ 18.73
Total Return^A	14.04%	1.76%	33.02%	68.25%	(44.25)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.07%	.07%	.07%	.07%	.07%
Expenses net of fee waivers, if any	.07%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.07%	.07%	.07%	.07%	.07%
Net investment income (loss)	1.88%	1.29%	1.27%	1.38%	1.74%
Supplemental Data
Net assets, end of period (000 omitted)	$ 7,173,852	$ 3,910,289	$ 1,525,199	$ 900,218	$ 478,227
Portfolio turnover rate^D	10%	11%	8%	26%	16%

^A Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^B Calculated based on average shares outstanding during the period. ^C Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^D Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^E Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^F For the year ended February 29. ^G Amount represents less than $.01 per share. ^H Total distributions of $.41 per share is comprised of distributions from net investment income of $.358 and distributions from net realized gain of $.055 per share. ^I Total distributions of $1.29 per share is comprised of distributions from net investment income of $.457 and distributions from net realized gain of $.837 per share.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^{G, I}
Selected Per-Share Data
Net asset value, beginning of period	$ 39.66	$ 34.67
Income from Investment Operations
Net investment income (loss)^D	.75	.25
Net realized and unrealized gain (loss)	4.60	5.52
Total from investment operations	5.35	5.77
Distributions from net investment income	(.72)	(.40)
Distributions from net realized gain	(1.17)	(.38)
Total distributions	(1.90)^K	(.78)
Redemption fees added to paid in capital^{D, J}	-	-
Net asset value, end of period	$ 43.11	$ 39.66
Total Return^{B, C}	14.04%	16.99%
Ratios to Average Net Assets^{E, H}
Expenses before reductions	.07%	.07%^A
Expenses net of fee waivers, if any	.06%	.06%^A
Expenses net of all reductions	.06%	.06%^A
Net investment income (loss)	1.89%	1.44%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 226	$ 117
Portfolio turnover rate^F	10%	11%^L

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan International Index Fund

Performance: The Bottom Line

Average Annual Total Returns

Periods ended February 28, 2013	Past 1 year	Past 5 years	Past 10 years
Spartan International Index Fund - Investor Class	10.01%	-0.97%	9.34%
Spartan International Index Fund - Fidelity Advantage Class ^A	10.07%	-0.93%	9.37%

^A The initial offering of Fidelity Advantage Class took place on October 14, 2005. Returns prior to October 14, 2005, are those of Investor Class.

$10,000 Over 10 Years

Let's say hypothetically that $10,000 was invested in Spartan International Index Fund - Investor Class on February 28, 2003. The chart shows how the value of your investment would have changed, and also shows how the MSCI® EAFE® Index performed over the same period.

pmq465

Annual Report

Spartan International Index Fund

Management's Discussion of Fund Performance

Comments from James Francis, Senior Portfolio Manager of the Geode Capital Management, LLC, investment management team for Spartan® International Index Fund: For the year, the fund's Investor Class and Fidelity Advantage® Class shares gained 10.01% and 10.07%, respectively, compared with 9.99% for the MSCI® EAFE® Index. (The fund's performance relative to the index can be affected by Fidelity's methodologies for valuing certain foreign stocks and for incorporating foreign exchange rates, which differ from those used by the index.) Of the 10 sectors in the index, six turned in a positive result in U.S. dollar terms, with health care and financials leading the way, while energy and utilities brought up the rear. On an individual basis, several pharmaceutical manufacturers, led by Switzerland's Roche Holding, were outsized contributors. Roche, the world's largest maker of cancer drugs, saw its shares rise by roughly 31%, while another Swiss drug maker, Novartis, also added considerable value. Meanwhile, another Swiss company, food products giant Nestle - the largest position in both the index and fund during the period - further contributed. In the financials sector, HSBC Holdings, a leading U.K. bank, lifted results, as did two Australian banks - Westpac Banking and Commonwealth Bank of Australia. On the negative side, the fund's three-biggest detractors were all based in the U.K. - including natural gas company BG Group and diversified energy giant BP. Mining concern Anglo American, headquartered in the U.K., was another notable source of underperformance, as was Australia's Newcrest Mining, whose shares fell 35%. In Spain, the country's leading telecommunication services provider, Telefonica, further hampered results, while the fund also was hurt by its allocation to equity index futures, which we used to temporarily reinvest cash to gain additional exposure to the market.

Annual Report

Spartan International Index Fund

Investment Changes (Unaudited)

Top Ten Stocks as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Nestle SA (Switzerland, Food Products)	1.9	2.0
HSBC Holdings PLC (United Kingdom) (United Kingdom, Commercial Banks)	1.8	1.6
Roche Holding AG (participation certificate) (Switzerland, Pharmaceuticals)	1.4	1.3
Novartis AG (Switzerland, Pharmaceuticals)	1.4	1.3
Toyota Motor Corp. (Japan, Automobiles)	1.2	1.1
BP PLC (United Kingdom, Oil, Gas & Consumable Fuels)	1.1	1.3
Vodafone Group PLC (United Kingdom, Wireless Telecommunication Services)	1.1	1.4
Royal Dutch Shell PLC Class A (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels)	1.0	1.2
BHP Billiton Ltd. (Australia, Metals & Mining)	1.0	1.1
Sanofi SA (France, Pharmaceuticals)	1.0	1.0
	12.9
Market Sectors as of February 28, 2013
	% of fund's net assets	% of fund's net assets 6 months ago
Financials	23.9	22.1
Industrials	12.6	12.8
Consumer Staples	12.0	12.2
Consumer Discretionary	11.5	10.1
Health Care	10.0	10.2
Materials	9.1	9.2
Energy	6.9	8.4
Telecommunication Services	4.4	5.4
Information Technology	4.3	4.2
Utilities	3.4	3.8

Geographic Diversification (% of fund's net assets)
As of February 28, 2013
	United Kingdom	21.0%
	Japan	20.6%
	Australia	9.3%
	Switzerland	8.9%
	France	8.8%
	Germany	8.4%
	Sweden	3.3%
	Spain	2.9%
	Hong Kong	2.8%
	Other	14.0%

pmq487

Percentages are based on country or territory of incorporation and are adjusted for the effect of futures contracts, if applicable.

As of August 31, 2012
	United Kingdom	22.4%
	Japan	20.5%
	Australia	9.0%
	France	8.7%
	Switzerland	8.5%
	Germany	8.1%
	Sweden	3.2%
	Netherlands	2.8%
	Spain	2.7%
	Other	14.1%

pmq499

Percentages are based on country or territory of incorporation and are adjusted for the effect of futures contracts, if applicable.

Annual Report

Spartan International Index Fund

Investments February 28, 2013

Showing Percentage of Net Assets

Common Stocks - 97.2%
	Shares		Value
Australia - 9.1%
AGL Energy Ltd.	470,313		$ 7,657,595
ALS Ltd.	288,322		3,448,671
Alumina Ltd.	2,214,560		2,764,253
Amcor Ltd.	1,043,737		9,808,351
AMP Ltd.	2,533,442		14,181,058
APA Group unit	698,390		4,387,228
Asciano Ltd.	851,718		4,854,529
ASX Ltd.	149,863		5,579,677
Australia & New Zealand Banking Group Ltd.	2,355,233		69,093,219
Bendigo & Adelaide Bank Ltd.	350,417		3,554,279
BHP Billiton Ltd.	2,785,158		104,271,173
Boral Ltd.	685,950		3,622,431
Brambles Ltd.	1,346,702		12,036,402
Caltex Australia Ltd.	121,749		2,480,992
CFS Retail Property Trust unit	1,642,849		3,507,204
Coca-Cola Amatil Ltd.	496,624		7,350,438
Cochlear Ltd.	48,104		3,480,782
Commonwealth Bank of Australia	1,394,156		95,796,560
Computershare Ltd.	375,002		3,899,406
Crown Ltd.	366,093		4,491,088
CSL Ltd.	435,408		26,684,850
DEXUS Property Group unit	3,887,425		4,328,183
Echo Entertainment Group Ltd.	661,869		2,542,009
Federation Centres unit	1,152,017		2,882,983
Flight Centre Ltd. (d)	46,630		1,547,982
Fortescue Metals Group Ltd.	1,244,164		5,998,418
Goodman Group unit	1,475,225		7,006,939
Harvey Norman Holdings Ltd. (d)	431,590		1,097,711
Iluka Resources Ltd.	360,587		3,874,743
Incitec Pivot Ltd.	1,381,242		4,557,109
Insurance Australia Group Ltd.	1,810,051		10,520,108
Leighton Holdings Ltd.	131,419		3,169,358
Lend Lease Group unit	465,841		5,067,625
Macquarie Group Ltd.	284,919		10,977,671
Metcash Ltd. (d)	735,628		3,065,741
Mirvac Group unit	2,898,652		4,855,758
National Australia Bank Ltd.	2,011,094		62,037,805
Newcrest Mining Ltd.	664,075		15,370,718
Orica Ltd.	317,216		8,848,994
Origin Energy Ltd.	946,241		11,762,766
OZ Minerals Ltd.	265,086		1,722,111
Qantas Airways Ltd. (a)	927,527		1,558,510
QBE Insurance Group Ltd.	1,037,256		14,176,179
QR National Ltd.	1,549,392		6,377,985
Ramsay Health Care Ltd.	115,489		3,789,076
Rio Tinto Ltd.	377,735		25,870,399
Santos Ltd.	830,314		11,373,346
Sims Metal Management Ltd.	145,745		1,615,431
Sonic Healthcare Ltd.	330,315		4,531,285
SP AusNet unit	1,410,925		1,715,015
Stockland Corp. Ltd. unit	1,923,310		7,386,764

	Shares		Value
Suncorp-Metway Ltd.	1,113,546		$ 12,818,854
Sydney Airport unit	350,832		1,135,993
Tabcorp Holdings Ltd.	593,991		1,929,408
Tattersall's Ltd.	1,184,324		3,859,032
Telstra Corp. Ltd.	3,768,619		17,669,003
The GPT Group unit	1,407,898		5,651,723
Toll Holdings Ltd.	574,617		3,627,305
Transurban Group unit	1,112,013		6,996,933
Treasury Wine Estates Ltd.	546,986		2,961,210
Wesfarmers Ltd.	871,614		36,529,424
Westfield Group unit	1,898,213		21,716,012
Westfield Retail Trust unit	2,519,533		8,183,975
Westpac Banking Corp.	2,670,312		83,927,950
Whitehaven Coal Ltd.	408,815		1,169,235
Woodside Petroleum Ltd.	570,057		21,835,677
Woolworths Ltd.	1,066,576		38,054,630
WorleyParsons Ltd.	180,914		4,922,928
TOTAL AUSTRALIA			915,568,200
Austria - 0.3%
Andritz AG	66,294		4,675,438
Erste Bank AG	182,968		5,894,213
IMMOEAST AG (a)(d)	321,410		4
IMMOFINANZ Immobilien Anlagen AG	803,952		3,363,966
OMV AG	133,560		5,813,471
Osterreichische Elektrizitatswirtschafts AG	56,701		1,178,494
Raiffeisen International Bank-Holding AG (d)	39,262		1,484,703
Telekom Austria AG (d)	265,993		1,757,172
Vienna Insurance Group AG Wien	27,880		1,411,907
Voestalpine AG	89,783		3,031,211
TOTAL AUSTRIA			28,610,579
Bailiwick of Guernsey - 0.0%
Resolution Ltd.	1,297,222		5,140,287
Bailiwick of Jersey - 0.9%
Experian PLC	873,720		14,500,718
Glencore International PLC (d)	3,384,867		19,898,174
Petrofac Ltd.	220,467		4,863,041
Randgold Resources Ltd.	76,625		6,342,769
Shire PLC	485,300		15,184,136
Wolseley PLC	237,758		11,206,662
WPP PLC	1,093,921		17,430,450
TOTAL BAILIWICK OF JERSEY			89,425,950
Belgium - 1.2%
Ageas	200,273		6,820,351
Anheuser-Busch InBev SA NV	696,189		65,243,275
Belgacom SA	128,566		3,593,654
Colruyt NV	67,506		3,326,560
Delhaize Group SA	89,257		4,313,921
Groupe Bruxelles Lambert SA	69,152		5,524,318
Common Stocks - continued
	Shares		Value
Belgium - continued
Groupe Bruxelles Lambert SA (strip VVPR) (a)	2,466		$ 3
KBC Groupe SA	206,797		7,670,240
Solvay SA Class A	50,561		7,224,785
Telenet Group Holding NV	47,942		2,454,493
UCB SA	96,221		5,558,744
Umicore SA	96,852		4,841,584
TOTAL BELGIUM			116,571,928
Bermuda - 0.4%
Cheung Kong Infrastructure Holdings Ltd.	437,450		2,868,164
First Pacific Co. Ltd.	1,748,000		2,312,456
Kerry Properties Ltd.	592,681		3,049,148
Li & Fung Ltd.	5,083,246		6,816,463
Noble Group Ltd.	3,320,890		3,177,693
NWS Holdings Ltd.	1,166,809		2,220,602
Orient Overseas International Ltd.	202,400		1,426,216
Seadrill Ltd.	312,992		11,389,557
Shangri-La Asia Ltd.	1,309,380		3,052,451
Yue Yuen Industrial (Holdings) Ltd.	632,000		2,135,025
TOTAL BERMUDA			38,447,775
Cayman Islands - 0.2%
ASM Pacific Technology Ltd.	167,729		2,210,261
MGM China Holdings Ltd.	893,600		2,159,222
Sands China Ltd.	2,093,600		9,974,537
Wynn Macau Ltd. (a)	1,336,000		3,522,771
TOTAL CAYMAN ISLANDS			17,866,791
Denmark - 1.2%
A.P. Moller - Maersk A/S:
Series A	475		3,655,861
Series B	1,142		9,133,361
Carlsberg A/S Series B	92,777		9,534,915
Coloplast A/S Series B	97,535		5,087,090
Danske Bank A/S (a)	568,635		10,582,914
DSV de Sammensluttede Vognmaend A/S	170,707		4,193,218
Novo Nordisk A/S Series B	353,177		61,747,431
Novozymes A/S Series B	213,876		7,455,413
TDC A/S	565,520		4,257,502
Tryg A/S	21,231		1,710,999
William Demant Holding A/S (a)	21,659		1,731,461
TOTAL DENMARK			119,090,165
Finland - 0.8%
Elisa Corp. (A Shares)	125,068		2,635,380
Fortum Corp.	386,972		7,381,137
Kesko Oyj	53,062		1,657,753
Kone Oyj (B Shares) (d)	134,869		10,916,850
Metso Corp.	112,070		4,813,697
Neste Oil Oyj (d)	110,216		1,659,081
Nokia Corp. (d)	3,254,290		11,825,669

	Shares		Value
Nokian Tyres PLC (d)	95,794		$ 4,353,473
Orion Oyj (B Shares)	82,822		2,454,512
Pohjola Bank PLC (A Shares)	118,064		1,872,782
Sampo Oyj (A Shares)	362,872		13,411,793
Stora Enso Oyj (R Shares)	494,305		3,323,500
UPM-Kymmene Corp.	454,455		5,313,124
Wartsila Corp.	143,368		6,625,963
TOTAL FINLAND			78,244,714
France - 8.5%
Accor SA	126,182		4,551,681
Aeroports de Paris	27,109		2,289,872
Air Liquide SA	20,551		2,500,589
Air Liquide SA (a)	14,110		1,716,866
Alstom SA	186,754		8,241,004
Arkema SA	55,338		5,622,225
Atos Origin SA	46,302		3,438,976
AXA SA	1,533,118		26,630,785
BIC SA	24,438		2,852,629
BNP Paribas SA	869,755		48,946,100
Bouygues SA	165,334		4,671,033
Bureau Veritas SA	48,408		6,243,436
Cap Gemini SA	132,914		6,541,058
Carrefour SA	522,108		14,232,603
Casino Guichard Perrachon SA	47,503		4,775,351
Christian Dior SA	47,519		7,937,817
CNP Assurances	137,441		2,045,572
Compagnie de St. Gobain	343,977		13,721,614
Compagnie Generale de Geophysique SA (a)	134,096		3,317,924
Credit Agricole SA (a)	872,801		8,204,294
Danone SA	501,545		34,828,390
Dassault Systemes SA	54,397		6,174,305
Edenred SA	145,701		5,040,828
EDF SA	26,606		503,143
EDF SA (a)	186,140		3,520,073
Essilor International SA	175,193		18,080,571
Eurazeo SA	27,368		1,492,454
Eutelsat Communications	116,173		4,185,324
Fonciere Des Regions	23,303		1,927,920
France Telecom SA	1,608,648		15,515,340
GDF Suez	1,150,909		21,757,203
Gecina SA	18,898		2,145,255
Groupe Eurotunnel SA	479,731		4,059,760
ICADE	19,465		1,749,907
Iliad SA	19,163		3,667,676
Imerys	27,771		1,871,557
JCDecaux SA	56,177		1,525,511
Klepierre SA	93,051		3,823,669
L'Oreal SA	14,012		2,095,505
L'Oreal SA (a)	179,277		26,811,010
L'Oreal SA (a)	17,567		2,627,158
Lafarge SA	142,806		9,627,781
Lafarge SA (a)	16,709		1,126,497
Common Stocks - continued
	Shares		Value
France - continued
Lafarge SA (Bearer)	5,225		$ 352,262
Lagardere S.C.A. (Reg.)	101,081		3,607,959
Legrand SA	203,050		9,335,212
LVMH Moet Hennessy - Louis Vuitton SA	220,047		37,892,543
Michelin CGDE Series B	158,387		14,152,170
Natixis SA	782,511		3,261,992
Pernod Ricard SA	183,702		23,836,917
Peugeot Citroen SA (a)(d)	190,533		1,442,255
PPR SA	65,453		14,672,137
Publicis Groupe SA	154,289		10,196,488
Remy Cointreau SA	19,026		2,404,453
Renault SA	166,684		10,579,319
Rexel SA	128,505		2,979,590
Safran SA	200,058		9,162,395
Sanofi SA	1,033,015		97,555,724
Schneider Electric SA	456,208		35,092,891
SCOR SE	139,093		3,934,209
Societe Generale Series A	608,894		23,379,231
Sodexo SA	2,500		231,539
Sodexo SA	77,845		7,209,670
Suez Environnement SA	247,379		3,299,094
Technip SA	87,887		9,518,903
Thales SA	83,314		2,935,174
Total SA	1,846,116		92,168,666
Unibail-Rodamco	79,616		18,086,024
Vallourec SA	91,607		4,883,167
Veolia Environnement SA	310,104		3,895,193
VINCI SA	398,591		18,447,488
Vivendi SA	1,147,721		24,154,323
Wendel SA	28,542		3,143,507
Zodiac Aerospace	29,966		3,371,544
TOTAL FRANCE			847,820,305
Germany - 7.7%
adidas AG	181,180		16,510,460
Allianz AG	395,100		54,006,647
Axel Springer Verlag	35,536		1,674,824
BASF AG	796,623		75,069,449
Bayer AG	716,890		71,000,085
Bayerische Motoren Werke AG (BMW)	288,843		26,660,898
Beiersdorf AG	85,869		7,487,578
Brenntag AG	44,214		6,303,416
Celesio AG	76,523		1,383,679
Commerzbank AG (a)	3,231,118		5,960,580
Continental AG	95,371		11,194,839
Daimler AG (Germany)	786,641		46,897,916
Deutsche Bank AG	806,341		36,813,195
Deutsche Boerse AG	167,648		10,393,177
Deutsche Lufthansa AG	201,692		4,068,278
Deutsche Post AG	785,871		17,631,705
Deutsche Telekom AG	2,432,942		26,131,646
E.ON AG	1,562,068		26,083,387

	Shares		Value
Fraport AG Frankfurt Airport Services Worldwide	32,468		$ 1,929,529
Fresenius Medical Care AG & Co. KGaA	183,287		12,561,525
Fresenius SE & Co. KGaA	108,160		13,293,348
GEA Group AG	150,876		5,372,525
Hannover Rueckversicherungs AG	53,214		4,163,549
HeidelbergCement Finance AG	122,457		8,444,531
Henkel AG & Co. KGaA	112,882		8,351,633
Hochtief AG	33,341		2,243,451
Hugo Boss AG	21,642		2,509,301
Infineon Technologies AG	925,476		7,927,362
K&S AG (d)	150,915		7,093,960
Kabel Deutschland Holding AG	77,467		6,718,534
Lanxess AG	72,795		6,169,835
Linde AG	160,883		29,174,667
MAN SE	36,161		4,154,479
Merck KGaA	55,975		7,892,441
Metro AG	112,232		3,472,630
Muenchener Rueckversicherungs AG	155,225		27,905,456
RWE AG	424,249		15,583,365
Salzgitter AG	37,143		1,772,142
SAP AG	797,804		62,300,785
Siemens AG	725,081		75,256,944
Suedzucker AG (Bearer)	68,638		3,006,427
Thyssenkrupp AG (a)	329,230		7,425,248
United Internet AG	89,127		2,102,039
Volkswagen AG	25,399		5,234,253
TOTAL GERMANY			777,331,718
Greece - 0.1%
Coca-Cola Hellenic Bottling Co. SA	170,135		4,642,303
Greek Organization of Football Prognostics SA	190,194		1,618,967
TOTAL GREECE			6,261,270
Hong Kong - 2.7%
AIA Group Ltd.	10,435,200		45,208,974
Bank of East Asia Ltd.	1,276,018		5,215,557
BOC Hong Kong (Holdings) Ltd.	3,193,566		10,767,929
Cathay Pacific Airways Ltd.	958,327		1,789,233
Cheung Kong Holdings Ltd.	1,203,449		18,713,697
CLP Holdings Ltd.	1,520,157		13,083,511
Galaxy Entertainment Group Ltd. (a)	1,841,000		7,726,617
Hang Lung Properties Ltd.	2,074,423		8,037,600
Hang Seng Bank Ltd.	654,901		10,589,069
Henderson Land Development Co. Ltd.	874,608		6,084,004
HKT Trust / HKT Ltd. unit	1,905,000		1,861,868
Hong Kong & China Gas Co. Ltd.	4,490,375		12,563,972
Hong Kong Exchanges and Clearing Ltd.	944,461		16,988,023
Hopewell Holdings Ltd.	500,000		2,185,518
Hutchison Whampoa Ltd.	1,838,158		19,802,220
Hysan Development Co. Ltd.	520,677		2,678,711
Link (REIT)	1,978,502		10,574,154
MTR Corp. Ltd.	1,256,951		5,186,244
Common Stocks - continued
	Shares		Value
Hong Kong - continued
New World Development Co. Ltd.	3,129,842		$ 5,762,822
PCCW Ltd.	3,395,000		1,615,291
Power Assets Holdings Ltd.	1,199,676		10,696,477
Sino Land Ltd.	2,514,689		4,571,808
SJM Holdings Ltd.	1,656,000		4,138,078
Sun Hung Kai Properties Ltd.	1,354,611		20,959,477
Swire Pacific Ltd. (A Shares)	614,384		7,929,733
Swire Properties Ltd.	984,600		3,681,649
Wharf Holdings Ltd.	1,308,585		11,439,742
Wheelock and Co. Ltd.	771,000		4,210,100
Wing Hang Bank Ltd.	148,843		1,651,444
TOTAL HONG KONG			275,713,522
Ireland - 0.3%
CRH PLC	622,245		13,528,870
Elan Corp. PLC (a)	424,537		4,774,425
Irish Bank Resolution Corp. Ltd. (a)	331,052		4
James Hardie Industries PLC CDI	383,265		3,836,563
Kerry Group PLC Class A	125,549		7,041,595
Prothena Corp. PLC (a)(d)	10,110		62,379
Ryanair Holdings PLC	262,563		1,937,524
TOTAL IRELAND			31,181,360
Isle of Man - 0.1%
Genting Singapore PLC	5,270,859		6,703,491
Israel - 0.5%
Bank Hapoalim BM (Reg.) (a)	912,772		4,048,026
Bank Leumi le-Israel BM (a)	1,116,415		3,980,164
Bezeq Israeli Telecommunication Corp. Ltd.	1,597,115		2,047,060
Delek Group Ltd.	3,486		922,247
Israel Chemicals Ltd.	389,627		5,035,906
Israel Corp. Ltd. (Class A)	1,888		1,356,361
Mellanox Technologies Ltd. (a)	29,545		1,523,492
Mizrahi Tefahot Bank Ltd. (a)	97,636		1,025,063
NICE Systems Ltd. (a)	48,473		1,708,644
Teva Pharmaceutical Industries Ltd.	772,673		28,931,543
Teva Pharmaceutical Industries Ltd. sponsored ADR	16,684		623,982
TOTAL ISRAEL			51,202,488
Italy - 1.9%
Assicurazioni Generali SpA	1,009,026		16,361,287
Atlantia SpA	284,474		4,920,984
Banca Monte dei Paschi di Siena SpA (a)(d)	5,639,059		1,553,397
Banco Popolare Societa Cooperativa (a)	1,539,725		2,597,163
Enel Green Power SpA	1,523,214		2,817,892
Enel SpA	5,704,740		20,645,366
ENI SpA	2,203,584		50,153,078
EXOR SpA	54,091		1,515,473
Fiat Industrial SpA	741,158		9,013,369
Fiat SpA (d)	781,109		4,191,283

	Shares		Value
Finmeccanica SpA (a)	348,723		$ 1,714,567
Intesa Sanpaolo SpA	8,704,539		14,125,714
Intesa Sanpaolo SpA (Risparmio Shares)	871,602		1,206,195
Luxottica Group SpA	140,726		6,564,795
Mediobanca SpA	444,082		2,700,575
Pirelli & C SpA (d)	209,953		2,438,156
Prysmian SpA	178,628		3,892,238
Saipem SpA	234,382		6,266,827
Snam Rete Gas SpA	1,465,188		6,947,566
Telecom Italia SpA	8,059,353		5,926,808
Terna SpA	1,129,054		4,719,865
UniCredit SpA (a)	3,509,033		17,830,101
Unione di Banche Italiane SCPA	753,495		3,450,909
TOTAL ITALY			191,553,608
Japan - 20.1%
ABC-Mart, Inc.	22,100		771,318
ACOM Co. Ltd. (a)	34,000		841,838
Advantest Corp.	126,490		1,814,993
Aeon Co. Ltd.	515,300		5,792,886
AEON Credit Service Co. Ltd. (d)	69,300		1,613,436
AEON Mall Co. Ltd.	64,200		1,591,667
Air Water, Inc.	125,000		1,693,818
Aisin Seiki Co. Ltd.	164,700		5,961,468
Ajinomoto Co., Inc.	564,866		7,489,700
Alfresa Holdings Corp.	34,700		1,708,982
All Nippon Airways Ltd.	989,000		2,027,295
Amada Co. Ltd.	303,000		1,977,721
Aozora Bank Ltd.	922,000		2,795,145
Asahi Glass Co. Ltd.	857,677		5,829,501
Asahi Group Holdings	332,603		8,396,709
Asahi Kasei Corp.	1,104,727		6,531,345
Asics Corp.	125,100		1,965,105
Astellas Pharma, Inc.	385,600		20,842,118
Bank of Kyoto Ltd.	276,000		2,411,911
Bank of Yokohama Ltd.	1,056,084		5,434,805
Benesse Holdings, Inc.	58,800		2,439,163
Bridgestone Corp.	564,779		17,329,069
Brother Industries Ltd.	195,800		2,049,045
Calbee, Inc.	13,800		1,176,179
Canon, Inc.	983,244		35,582,978
Casio Computer Co. Ltd. (d)	197,900		1,567,144
Central Japan Railway Co.	125,500		12,199,320
Chiba Bank Ltd.	638,674		4,072,244
Chiyoda Corp.	136,000		1,697,616
Chubu Electric Power Co., Inc.	569,864		7,144,049
Chugai Pharmaceutical Co. Ltd.	188,725		4,082,356
Chugoku Electric Power Co., Inc.(THE)	260,400		3,272,910
Citizen Holdings Co. Ltd.	222,266		1,206,169
Coca-Cola West Co. Ltd.	47,500		813,275
Cosmo Oil Co. Ltd.	472,000		1,110,109
Credit Saison Co. Ltd.	133,552		2,838,466
Dai Nippon Printing Co. Ltd.	475,242		4,178,684
Dai-ichi Mutual Life Insurance Co.	7,387		10,360,448
Common Stocks - continued
	Shares		Value
Japan - continued
Daicel Chemical Industries Ltd.	260,000		$ 2,000,000
Daido Steel Co. Ltd.	236,000		1,255,238
Daihatsu Motor Co. Ltd.	171,000		3,473,870
Daiichi Sankyo Kabushiki Kaisha	583,970		10,452,111
Daikin Industries Ltd.	203,494		7,541,287
Dainippon Sumitomo Pharma Co. Ltd.	141,600		2,045,554
Daito Trust Construction Co. Ltd.	63,563		5,691,799
Daiwa House Industry Co. Ltd.	446,184		8,192,957
Daiwa Securities Group, Inc.	1,450,985		8,969,839
DeNA Co. Ltd. (d)	91,100		2,555,400
Denki Kagaku Kogyo KK	417,358		1,589,463
Denso Corp.	422,238		17,720,420
Dentsu, Inc.	154,000		4,791,628
Don Quijote Co. Ltd.	45,600		1,795,663
East Japan Railway Co.	291,700		21,525,817
Eisai Co. Ltd.	216,078		9,627,814
Electric Power Development Co. Ltd.	97,180		2,495,290
FamilyMart Co. Ltd.	53,900		2,270,790
Fanuc Corp.	166,272		25,669,999
Fast Retailing Co. Ltd.	46,000		12,620,347
Fuji Electric Co. Ltd.	486,153		1,389,908
Fuji Heavy Industries Ltd.	505,000		7,551,300
Fujifilm Holdings Corp.	402,805		7,735,385
Fujitsu Ltd.	1,634,075		7,510,151
Fukuoka Financial Group, Inc.	648,300		2,944,593
Furukawa Electric Co. Ltd. (a)	532,790		1,207,098
Fyushu Electric Power Co., Inc.	361,870		3,470,735
GREE, Inc. (d)	75,900		923,672
GS Yuasa Corp. (d)	301,000		1,305,448
Gunma Bank Ltd.	320,663		1,743,599
Hakuhodo DY Holdings, Inc.	19,920		1,512,966
Hamamatsu Photonics K.K.	60,400		2,398,015
Hankyu Hanshin Holdings, Inc.	1,010,000		5,546,337
Hino Motors Ltd.	228,000		2,408,156
Hirose Electric Co. Ltd.	27,198		3,286,413
Hiroshima Bank Ltd.	418,000		1,754,256
Hisamitsu Pharmaceutical Co., Inc.	52,400		3,035,797
Hitachi Chemical Co. Ltd.	87,200		1,195,719
Hitachi Construction Machinery Co. Ltd.	91,100		2,092,479
Hitachi High-Technologies Corp.	57,600		1,190,653
Hitachi Ltd.	4,090,271		22,946,821
Hitachi Metals Ltd.	143,000		1,337,588
Hokkaido Electric Power Co., Inc.	150,800		1,335,708
Hokuriku Electric Power Co., Inc.	147,500		1,694,762
Honda Motor Co. Ltd.	1,414,260		52,891,351
Hoya Corp.	377,716		7,245,431
Hulic Co. Ltd.	239,400		1,795,048
Ibiden Co. Ltd.	100,400		1,571,695
Idemitsu Kosan Co. Ltd.	19,700		1,791,682
INPEX Corp.	1,915		10,185,511
Isetan Mitsukoshi Holdings Ltd.	301,587		3,338,313

	Shares		Value
Ishikawajima-Harima Heavy Industries Co. Ltd.	1,170,185		$ 3,282,426
Isuzu Motors Ltd.	1,025,000		6,303,269
Itochu Corp.	1,307,386		15,092,275
ITOCHU Techno-Solutions Corp.	23,600		1,031,179
Iyo Bank Ltd.	212,000		1,806,883
J Front Retailing Co. Ltd.	423,800		2,505,582
Japan Airlines Co. Ltd.	49,900		2,368,756
Japan Petroleum Exploration Co. Ltd.	28,300		1,073,196
Japan Prime Realty Investment Corp.	680		2,002,071
Japan Real Estate Investment Corp.	511		5,606,721
Japan Retail Fund Investment Corp.	1,753		3,426,946
Japan Steel Works Ltd.	257,000		1,502,794
Japan Tobacco, Inc.	781,000		24,645,862
JFE Holdings, Inc.	429,075		9,198,101
JGC Corp.	181,117		4,998,352
Joyo Bank Ltd.	553,941		2,767,016
JSR Corp.	155,016		3,160,861
JTEKT Corp.	185,500		1,849,196
Jupiter Telecommunications Co.	1,845		2,448,322
JX Holdings, Inc.	1,948,668		11,899,299
Kajima Corp.	759,317		2,244,609
Kamigumi Co. Ltd.	210,663		1,825,034
Kaneka Corp.	245,559		1,359,065
Kansai Electric Power Co., Inc.	643,136		5,550,855
Kansai Paint Co. Ltd.	187,000		1,981,163
Kao Corp.	456,650		14,602,552
Kawasaki Heavy Industries Ltd.	1,202,945		3,828,555
KDDI Corp.	233,500		17,533,282
Keihin Electric Express Railway Co. Ltd.	391,061		3,455,378
Keio Corp.	489,410		3,912,534
Keisei Electric Railway Co.	236,000		2,253,317
Keyence Corp.	39,562		11,144,285
Kikkoman Corp.	145,849		2,267,433
Kinden Corp.	102,000		676,772
Kintetsu Corp. (d)	1,380,100		5,806,872
Kirin Holdings Co. Ltd.	758,256		11,002,851
Kobe Steel Ltd. (a)	2,116,000		2,853,598
Koito Manufacturing Co. Ltd.	79,000		1,287,830
Komatsu Ltd.	810,245		20,437,509
Konami Corp.	89,000		1,729,302
Konica Minolta Holdings, Inc.	421,500		3,219,571
Kubota Corp.	952,864		11,503,450
Kuraray Co. Ltd.	305,186		4,148,607
Kurita Water Industries Ltd.	98,200		1,962,093
Kyocera Corp.	133,002		11,565,391
Kyowa Hakko Kirin Co., Ltd.	221,689		2,322,365
Lawson, Inc.	53,016		3,940,881
LIXIL Group Corp.	227,959		4,672,803
Mabuchi Motor Co. Ltd.	20,821		1,024,315
Makita Corp.	98,200		4,449,671
Marubeni Corp.	1,433,244		10,468,294
Marui Group Co. Ltd.	181,449		1,548,453
Maruichi Steel Tube Ltd.	41,700		1,019,893
Common Stocks - continued
	Shares		Value
Japan - continued
Mazda Motor Corp. (a)	2,309,000		$ 6,950,167
McDonald's Holdings Co. (Japan) Ltd.	53,800		1,347,757
Medipal Holdings Corp.	126,100		1,629,818
Meiji Holdings Co. Ltd.	54,129		2,330,076
Miraca Holdings, Inc.	47,400		2,288,435
Mitsubishi Chemical Holdings Corp.	1,155,775		5,424,125
Mitsubishi Corp.	1,220,202		24,209,207
Mitsubishi Electric Corp.	1,678,106		13,668,896
Mitsubishi Estate Co. Ltd.	1,084,723		27,033,230
Mitsubishi Gas Chemical Co., Inc.	327,867		2,320,431
Mitsubishi Heavy Industries Ltd.	2,633,256		14,602,369
Mitsubishi Logistics Corp.	113,000		1,837,210
Mitsubishi Materials Corp.	935,937		2,847,494
Mitsubishi Motors Corp. of Japan (a)	3,585,000		3,945,086
Mitsubishi Tanabe Pharma Corp.	187,300		2,657,239
Mitsubishi UFJ Financial Group, Inc.	11,056,230		61,278,361
Mitsubishi UFJ Lease & Finance Co. Ltd.	50,660		2,341,980
Mitsui & Co. Ltd.	1,510,123		22,385,467
Mitsui Chemicals, Inc.	745,683		1,769,881
Mitsui Fudosan Co. Ltd.	725,677		18,460,959
Mitsui OSK Lines Ltd.	938,285		3,289,919
Mizuho Financial Group, Inc.	19,828,000		43,610,133
MS&AD Insurance Group Holdings, Inc.	467,884		9,681,751
Murata Manufacturing Co. Ltd.	176,354		11,358,651
Nabtesco Corp.	92,600		1,707,341
Namco Bandai Holdings, Inc.	158,950		2,527,698
NEC Corp. (a)	2,282,951		5,640,261
Nexon Co. Ltd.	106,900		969,931
NGK Insulators Ltd.	232,309		2,506,300
NGK Spark Plug Co. Ltd.	150,000		2,278,563
NHK Spring Co. Ltd.	132,700		1,155,345
Nidec Corp. (d)	94,042		5,532,786
Nikon Corp.	291,638		6,544,471
Nintendo Co. Ltd.	92,796		8,976,889
Nippon Building Fund, Inc.	599		6,701,510
Nippon Electric Glass Co. Ltd.	328,000		1,613,637
Nippon Express Co. Ltd.	748,546		3,286,851
Nippon Meat Packers, Inc.	154,740		2,417,343
Nippon Paper Group, Inc. (d)	83,100		1,447,010
Nippon Steel Corp.	6,594,636		17,857,952
Nippon Telegraph & Telephone Corp.	379,100		17,322,100
Nippon Yusen KK	1,352,578		3,400,050
Nishi-Nippon City Bank Ltd.	560,000		1,468,120
Nissan Motor Co. Ltd.	2,157,548		21,858,800
Nisshin Seifun Group, Inc.	167,090		2,192,053
Nissin Food Holdings Co. Ltd.	49,723		1,976,796
Nitori Holdings Co. Ltd.	32,000		2,385,586
Nitto Denko Corp.	143,594		8,443,060
NKSJ Holdings, Inc.	326,903		6,923,191
NOK Corp.	83,500		1,151,289
Nomura Holdings, Inc.	3,152,747		18,087,026
Nomura Real Estate Holdings, Inc.	85,200		1,530,456

	Shares		Value
Nomura Real Estate Office Fund, Inc.	233		$ 1,430,327
Nomura Research Institute Ltd.	84,600		1,916,712
NSK Ltd.	371,576		2,898,365
NTT Data Corp.	1,063		3,375,131
NTT DoCoMo, Inc.	13,262		20,502,880
NTT Urban Development Co.	953		970,581
Obayashi Corp.	547,704		2,818,587
Odakyu Electric Railway Co. Ltd.	546,000		5,761,010
Oji Holdings Corp.	699,352		2,663,408
Olympus Corp. (a)	197,229		4,325,888
Omron Corp.	174,060		4,215,824
Ono Pharmaceutical Co. Ltd.	70,300		3,731,535
Oracle Corp. Japan	31,300		1,316,970
Oriental Ld Co. Ltd.	43,556		6,433,074
ORIX Corp.	91,888		10,230,706
Osaka Gas Co. Ltd.	1,604,525		6,231,837
Osaka Securities Exchange Co. Ltd.	44,300		3,374,237
Otsuka Corp.	13,500		1,370,536
Otsuka Holdings Co. Ltd.	316,700		10,140,960
Panasonic Corp.	1,914,273		13,772,169
Park24 Co. Ltd.	82,700		1,511,423
Rakuten, Inc.	620,100		5,358,724
Resona Holdings, Inc.	1,651,700		7,573,336
Ricoh Co. Ltd.	565,770		6,067,271
Rinnai Corp.	27,200		1,951,451
ROHM Co. Ltd.	81,244		2,879,345
Sankyo Co. Ltd. (Gunma)	43,000		1,811,576
Sanrio Co. Ltd. (d)	38,700		1,530,214
Santen Pharmaceutical Co. Ltd.	62,400		2,793,829
SBI Holdings, Inc. Japan	201,060		1,596,506
Secom Co. Ltd.	182,067		9,349,864
Sega Sammy Holdings, Inc.	176,300		3,254,389
Sekisui Chemical Co. Ltd.	372,293		3,610,868
Sekisui House Ltd.	463,467		5,365,197
Seven & i Holdings Co., Ltd.	653,600		19,081,255
Seven Bank Ltd.	487,400		1,283,047
Sharp Corp. (d)	844,675		2,679,193
Shikoku Electric Power Co., Inc.	149,100		1,825,747
Shimadzu Corp.	210,000		1,327,651
Shimamura Co. Ltd.	18,300		1,869,684
SHIMANO, Inc.	63,000		4,519,905
SHIMIZU Corp.	534,416		1,718,157
Shin-Etsu Chemical Co., Ltd.	356,462		21,920,739
Shinsei Bank Ltd.	1,281,000		2,819,333
Shionogi & Co. Ltd.	263,391		5,367,845
Shiseido Co. Ltd.	306,750		4,067,275
Shizuoka Bank Ltd.	505,274		5,020,578
Showa Denko KK	1,226,336		1,905,193
Showa Shell Sekiyu KK	170,600		1,235,005
SMC Corp.	46,171		8,009,814
So-net M3, Inc.	534		919,478
Softbank Corp.	822,030		30,463,620
Sojitz Corp.	1,018,500		1,560,330
Sony Corp. (d)	872,285		12,722,762
Common Stocks - continued
	Shares		Value
Japan - continued
Sony Financial Holdings, Inc.	148,200		$ 2,340,757
Stanley Electric Co. Ltd.	124,125		2,161,374
Sumco Corp.	92,200		922,099
Sumitomo Chemical Co. Ltd.	1,267,334		3,746,353
Sumitomo Corp.	977,542		11,959,571
Sumitomo Electric Industries Ltd.	658,106		7,668,081
Sumitomo Heavy Industries Ltd.	460,822		2,033,404
Sumitomo Metal Mining Co. Ltd.	447,065		7,046,736
Sumitomo Mitsui Financial Group, Inc.	1,165,400		46,510,051
Sumitomo Mitsui Trust Holdings, Inc.	2,679,722		10,407,810
Sumitomo Realty & Development Co. Ltd.	309,000		10,451,127
Sumitomo Rubber Industries Ltd.	144,000		2,243,349
Suzuken Co. Ltd.	59,760		2,079,253
Suzuki Motor Corp.	311,900		7,460,161
Sysmex Corp.	63,500		3,329,485
T&D Holdings, Inc.	508,800		6,038,192
Taiheiyo Cement Corp.	995,000		2,458,248
Taisei Corp.	861,594		2,546,949
Taisho Pharmaceutical Holdings Co. Ltd.	31,557		2,175,523
Taiyo Nippon Sanso Corp.	203,000		1,425,752
Takashimaya Co. Ltd.	239,000		1,871,982
Takeda Pharmaceutical Co. Ltd.	685,142		35,443,476
TDK Corp.	104,525		3,608,588
Teijin Ltd.	773,341		1,793,811
Terumo Corp.	140,812		6,183,028
The Chugoku Bank Ltd.	149,000		2,184,605
The Hachijuni Bank Ltd.	362,000		1,937,124
The Suruga Bank Ltd.	176,000		2,586,169
THK Co. Ltd.	100,800		1,882,455
Tobu Railway Co. Ltd.	874,297		4,801,135
Toho Co. Ltd.	107,554		2,067,766
Toho Gas Co. Ltd.	344,000		1,900,183
Tohoku Electric Power Co., Inc. (a)	380,090		2,940,172
Tokio Marine Holdings, Inc.	604,500		17,073,912
Tokyo Electric Power Co. (a)	1,266,918		2,870,350
Tokyo Electron Ltd.	150,618		6,987,349
Tokyo Gas Co. Ltd.	2,150,395		10,393,537
Tokyu Corp.	966,954		5,789,831
Tokyu Land Corp.	357,000		2,696,084
TonenGeneral Sekiyu KK	234,856		2,331,077
Toppan Printing Co. Ltd.	474,013		3,191,111
Toray Industries, Inc.	1,276,883		7,866,007
Toshiba Corp.	3,491,880		16,086,231
Toto Ltd.	243,185		2,198,609
Toyo Seikan Kaisha Ltd.	136,000		1,976,394
Toyo Suisan Kaisha Ltd.	80,000		2,343,295
Toyoda Gosei Co. Ltd.	56,700		1,309,685
Toyota Boshoku Corp.	55,400		755,482
Toyota Industries Corp.	147,686		5,273,931
Toyota Motor Corp.	2,392,651		122,885,559
Toyota Tsusho Corp.	185,200		4,719,413
Trend Micro, Inc.	92,700		2,620,283

	Shares		Value
Tsumura & Co.	52,700		$ 1,844,983
Ube Industries Ltd.	843,605		1,783,866
Unicharm Corp.	98,280		5,693,857
Ushio, Inc.	85,500		939,033
USS Co. Ltd.	19,780		2,174,541
West Japan Railway Co.	146,800		6,485,554
Yahoo! Japan Corp.	12,454		5,273,703
Yakult Honsha Co. Ltd. (d)	84,466		3,139,339
Yamada Denki Co. Ltd. (d)	75,825		2,756,826
Yamaguchi Financial Group, Inc.	184,000		1,719,107
Yamaha Corp.	144,743		1,438,217
Yamaha Motor Co. Ltd.	237,900		2,843,815
Yamato Holdings Co. Ltd.	322,832		5,402,011
Yamato Kogyo Co. Ltd.	39,700		1,136,305
Yamazaki Baking Co. Ltd.	95,000		1,200,183
Yaskawa Electric Corp.	174,000		1,569,360
Yokogawa Electric Corp.	190,200		1,910,413
TOTAL JAPAN			2,012,306,971
Luxembourg - 0.4%
ArcelorMittal SA (Netherlands)	866,483		12,972,706
Millicom International Cellular SA (depository receipt)	54,428		4,270,991
SES SA FDR (France) unit	265,156		8,162,793
Subsea 7 SA	244,665		5,783,448
Tenaris SA	410,374		8,443,637
TOTAL LUXEMBOURG			39,633,575
Malta - 0.0%
BGP Holdings PLC (a)	5,796,476		76
Mauritius - 0.0%
Golden Agri-Resources Ltd.	6,459,680		3,390,497
Netherlands - 2.7%
AEGON NV	1,535,121		9,138,043
Akzo Nobel NV	206,175		13,170,575
ASML Holding NV (Netherlands)	273,067		19,381,276
Corio NV	54,555		2,516,710
D.E. Master Blenders 1753 NV (a)	499,397		6,018,499
Delta Lloyd NV	151,351		2,679,406
European Aeronautic Defence and Space Co. (EADS) NV	394,396		20,173,927
Fugro NV (Certificaten Van Aandelen)	58,718		2,797,681
Gemalto NV	69,209		6,301,414
Heineken Holding NV (A Shares)	93,458		5,856,676
Heineken NV (Bearer)	198,947		14,854,259
ING Groep NV (Certificaten Van Aandelen) (a)	3,312,123		26,516,269
Koninklijke Ahold NV	879,087		12,624,612
Koninklijke Boskalis Westminster NV	62,454		2,676,038
Koninklijke KPN NV (d)	884,593		3,018,857
Koninklijke Philips Electronics NV	847,093		23,931,565
QIAGEN NV (a)	201,076		4,273,740
Randstad Holding NV	101,052		4,296,250
Common Stocks - continued
	Shares		Value
Netherlands - continued
Reed Elsevier NV	586,731		$ 8,916,317
Royal DSM NV	134,271		7,860,340
STMicroelectronics NV	548,997		4,371,542
TNT Express NV	270,471		2,048,058
Unilever NV (Certificaten Van Aandelen) (Bearer)	1,406,935		54,562,905
Vopak NV	60,401		4,345,783
Wolters Kluwer NV (Certificaten Van Aandelen)	250,592		4,992,467
Ziggo NV	101,123		3,419,347
TOTAL NETHERLANDS			270,742,556
New Zealand - 0.1%
Auckland International Airport Ltd.	745,860		1,744,985
Contact Energy Ltd.	295,135		1,315,096
Fletcher Building Ltd.	582,032		4,402,668
Sky City Entertainment Group Ltd.	556,571		1,955,498
Telecom Corp. of New Zealand Ltd.	1,640,384		3,281,775
TOTAL NEW ZEALAND			12,700,022
Norway - 0.7%
Aker Solutions ASA	141,961		2,796,835
DnB NOR ASA	841,986		12,540,248
Gjensidige Forsikring ASA	168,366		2,690,888
Norsk Hydro ASA	813,467		3,599,223
Orkla ASA (A Shares)	651,421		5,332,150
StatoilHydro ASA	963,836		23,926,932
Telenor ASA	607,154		13,072,314
Yara International ASA	162,047		7,745,692
TOTAL NORWAY			71,704,282
Portugal - 0.2%
Banco Espirito Santo SA (Reg.) (a)(d)	1,742,100		2,094,721
Energias de Portugal SA	1,682,156		5,046,727
Galp Energia SGPS SA Class B	236,440		3,648,648
Jeronimo Martins SGPS SA	186,403		3,714,867
Portugal Telecom SGPS SA (Reg.) (d)	519,863		2,626,084
TOTAL PORTUGAL			17,131,047
Singapore - 1.6%
Ascendas Real Estate Investment Trust	1,606,183		3,333,245
CapitaCommercial Trust (REIT)	1,675,000		2,245,236
CapitaLand Ltd.	2,240,437		7,073,731
CapitaMall Trust	2,049,200		3,557,639
CapitaMalls Asia Ltd.	1,166,000		1,958,398
City Developments Ltd.	429,000		3,869,453
ComfortDelgro Corp. Ltd.	1,642,784		2,546,952
DBS Group Holdings Ltd.	1,585,020		19,339,189
Global Logistic Properties Ltd.	1,872,000		3,839,535
Hutchison Port Holdings Trust	4,574,000		3,704,940
Jardine Cycle & Carriage Ltd.	93,267		3,886,125
Keppel Corp. Ltd.	1,252,400		11,771,589
Keppel Ld Ltd.	672,000		2,257,364

	Shares		Value
Olam International Ltd.	1,348,700		$ 1,813,296
Oversea-Chinese Banking Corp. Ltd.	2,234,793		18,226,267
SembCorp Industries Ltd.	838,130		3,580,190
SembCorp Marine Ltd.	749,800		2,718,509
Singapore Airlines Ltd.	451,425		3,969,653
Singapore Exchange Ltd.	732,000		4,492,248
Singapore Press Holdings Ltd.	1,419,021		4,789,654
Singapore Technologies Engineering Ltd.	1,314,161		4,510,000
Singapore Telecommunications Ltd.	6,915,827		19,210,631
StarHub Ltd.	520,000		1,759,367
United Overseas Bank Ltd.	1,101,829		16,975,854
UOL Group Ltd.	382,984		2,013,264
Wilmar International Ltd.	1,663,000		4,767,159
Yangzijiang Shipbuilding Holdings Ltd.	1,681,000		1,309,888
TOTAL SINGAPORE			159,519,376
Spain - 2.9%
Abertis Infraestructuras SA	324,996		5,711,058
ACS Actividades de Construccion y Servicios SA (d)	119,956		2,850,276
Amadeus IT Holding SA Class A	273,293		6,993,234
Banco Bilbao Vizcaya Argentaria SA	4,721,768		45,741,308
Banco de Sabadell SA (d)	2,448,849		5,329,557
Banco Popular Espanol SA	4,753,712		4,127,129
Banco Santander SA (Spain)	9,135,615		69,173,609
Bankia SA (a)(d)	828,423		351,503
Cintra Concesiones de Infrastructuras de Transporte SA	350,361		5,493,540
Criteria CaixaCorp SA (d)	969,371		3,976,397
Distribuidora Internacional de Alimentacion SA	544,427		4,252,577
Enagas SA	166,787		3,994,601
Gas Natural SDG SA	298,392		5,919,450
Grifols SA (d)	132,112		4,706,085
Grupo Acciona SA (d)	23,608		1,449,840
Iberdrola SA	4,087,541		20,225,294
Inditex SA	189,036		25,333,604
International Consolidated Airlines Group SA CDI (a)	780,265		2,831,413
MAPFRE SA (Reg.)	646,648		2,104,669
Red Electrica Corporacion SA	94,167		5,210,186
Repsol YPF SA	721,813		15,369,940
Telefonica SA	3,552,075		46,362,939
Zardoya Otis SA	128,897		1,819,123
TOTAL SPAIN			289,327,332
Sweden - 3.2%
Alfa Laval AB	293,092		6,820,414
ASSA ABLOY AB (B Shares)	288,586		11,445,451
Atlas Copco AB:
(A Shares)	583,310		16,956,162
(B Shares)	336,490		8,709,594
Boliden AB	233,265		3,960,246
Electrolux AB (B Shares)	222,675		5,684,455
Elekta AB (B Shares) (d)	316,468		4,746,482
Common Stocks - continued
	Shares		Value
Sweden - continued
Getinge AB (B Shares)	170,552		$ 5,134,440
H&M Hennes & Mauritz AB (B Shares)	822,731		29,525,909
Hexagon AB (B Shares)	205,579		5,861,516
Husqvarna AB (B Shares)	387,673		2,395,907
Industrivarden AB Series C	92,520		1,650,866
Investment AB Kinnevik	179,090		4,084,450
Investor AB (B Shares)	396,878		11,628,843
Lundin Petroleum AB (a)	193,267		4,389,851
Nordea Bank AB	2,280,340		26,391,355
Ratos AB (B Shares)	158,647		1,630,036
Sandvik AB	867,399		14,095,871
Scania AB (B Shares)	278,764		5,801,657
Securitas AB (B Shares)	279,842		2,606,995
Skandinaviska Enskilda Banken AB (A Shares)	1,219,801		12,702,724
Skanska AB (B Shares)	329,314		5,845,509
SKF AB (B Shares)	341,047		8,389,860
Svenska Cellulosa AB (SCA) (B Shares)	503,226		12,301,702
Svenska Handelsbanken AB (A Shares)	429,710		18,676,977
Swedbank AB (A Shares)	700,541		16,843,573
Swedish Match Co. AB	175,789		5,756,890
Tele2 AB (B Shares)	273,644		4,358,062
Telefonaktiebolaget LM Ericsson (B Shares)	2,639,359		32,085,615
TeliaSonera AB	1,877,434		12,883,156
Volvo AB (B Shares)	1,303,312		19,547,463
TOTAL SWEDEN			322,912,031
Switzerland - 8.9%
ABB Ltd. (Reg.)	1,903,134		43,297,362
Actelion Ltd.	93,538		4,826,094
Adecco SA (Reg.)	115,114		6,564,433
Aryzta AG	75,216		4,321,329
Baloise Holdings AG	42,496		3,812,988
Banque Cantonale Vaudoise (Bearer)	3,995		2,276,038
Barry Callebaut AG	1,518		1,481,884
Compagnie Financiere Richemont SA Series A	452,089		36,343,653
Credit Suisse Group	1,086,005		28,950,466
Ems-Chemie Holding AG	6,938		1,956,008
Geberit AG (Reg.)	34,994		8,460,088
Givaudan SA	7,262		8,677,521
Holcim Ltd. (Reg.)	196,983		15,919,623
Julius Baer Group Ltd.	190,677		7,225,912
Kuehne & Nagel International AG	47,248		5,434,049
Lindt & Spruengli AG	95		4,053,691
Lindt & Spruengli AG (participation certificate)	785		2,834,141
Lonza Group AG	43,952		2,745,535
Nestle SA	2,793,781		195,035,435
Novartis AG	1,991,817		134,882,143
Pargesa Holding SA	25,831		1,845,071
Partners Group Holding AG	14,886		3,439,995

	Shares		Value
Roche Holding AG (participation certificate)	608,346		$ 139,349,073
Schindler Holding AG:
(participation certificate)	43,262		6,701,848
(Reg.)	19,147		2,880,323
SGS SA (Reg.)	4,757		12,089,165
Sika AG (Bearer)	1,810		4,491,689
Sonova Holding AG Class B	43,220		5,173,673
Sulzer AG (Reg.)	20,818		3,644,760
Swatch Group AG (Bearer)	26,971		15,337,184
Swatch Group AG (Bearer) (Reg.)	35,898		3,648,015
Swiss Life Holding AG	26,389		4,330,127
Swiss Prime Site AG	44,891		3,604,020
Swiss Re Ltd.	304,246		24,328,644
Swisscom AG	19,903		9,054,347
Syngenta AG (Switzerland)	80,796		34,288,683
Transocean Ltd. (Switzerland)	310,999		16,364,526
UBS AG	3,156,508		49,873,806
Zurich Insurance Group AG	127,202		34,809,893
TOTAL SWITZERLAND			894,353,235
United Kingdom - 20.5%
3I Group PLC	811,493		3,944,366
Aberdeen Asset Management PLC	779,605		5,084,426
Admiral Group PLC	179,105		3,399,108
Aggreko PLC	236,251		6,078,542
AMEC PLC	269,286		4,264,952
Anglo American PLC (United Kingdom)	1,206,241		35,171,215
Antofagasta PLC	337,784		5,600,917
ARM Holdings PLC	1,196,630		17,324,184
Associated British Foods PLC	309,375		8,692,128
AstraZeneca PLC (United Kingdom)	1,092,046		49,519,003
Aviva PLC	2,551,590		13,733,093
Babcock International Group PLC	306,191		4,984,161
BAE Systems PLC	2,816,033		15,170,095
Balfour Beatty PLC	587,853		2,545,204
Barclays PLC	10,083,098		46,784,744
BG Group PLC	2,949,534		52,151,353
BHP Billiton PLC	1,831,875		57,806,397
BP PLC	16,530,609		110,846,445
British American Tobacco PLC (United Kingdom)	1,675,411		87,160,596
British Land Co. PLC	736,164		6,337,826
British Sky Broadcasting Group PLC	945,705		12,201,969
BT Group PLC	6,828,595		27,715,416
Bunzl PLC	291,648		5,579,226
Burberry Group PLC	386,477		8,067,556
Capita Group PLC	570,693		7,129,615
Capital Shopping Centres Group PLC	454,945		2,296,210
Carnival PLC	160,195		6,009,217
Centrica PLC	4,498,254		24,027,573
Cobham PLC	913,258		3,205,950
Compass Group PLC	1,588,108		19,285,960
Croda International PLC	118,257		4,650,094
Common Stocks - continued
	Shares		Value
United Kingdom - continued
Diageo PLC	2,170,933		$ 65,097,964
Eurasian Natural Resources Corp. PLC	216,398		1,110,922
Evraz PLC	292,847		1,212,395
Fresnillo PLC	152,342		3,589,145
G4S PLC (United Kingdom)	1,213,882		5,342,249
GKN PLC	1,431,364		5,928,061
GlaxoSmithKline PLC	4,256,079		93,790,184
Hammerson PLC	611,193		4,584,128
Hargreaves Lansdown PLC	198,870		2,615,702
HSBC Holdings PLC (United Kingdom)	15,953,686		176,697,804
ICAP PLC	461,866		2,333,244
IMI PLC	282,536		5,242,038
Imperial Tobacco Group PLC	855,341		31,012,522
Inmarsat PLC	381,645		3,772,019
InterContinental Hotel Group PLC	229,649		6,658,867
Intertek Group PLC	139,021		7,042,011
Invensys PLC	696,977		3,786,367
Investec PLC	454,370		3,304,514
ITV PLC	3,175,193		5,982,623
J Sainsbury PLC	1,075,428		5,641,651
Johnson Matthey PLC	180,113		6,284,530
Kazakhmys PLC	178,937		1,680,315
Kingfisher PLC	2,073,402		8,712,909
Land Securities Group PLC	672,488		8,462,542
Legal & General Group PLC	5,102,901		12,393,911
Lloyds Banking Group PLC (a)	36,587,645		30,075,229
London Stock Exchange Group PLC	149,886		3,033,310
Marks & Spencer Group PLC	1,398,365		7,876,720
Meggitt PLC	666,268		4,594,923
Melrose PLC	1,054,574		4,138,790
National Grid PLC	3,174,996		35,078,258
Next PLC	140,853		8,972,467
Old Mutual PLC	4,222,968		12,973,069
Pearson PLC	707,551		12,379,704
Prudential PLC	2,215,214		32,879,879
Reckitt Benckiser Group PLC	560,757		37,677,344
Reed Elsevier PLC	1,043,632		11,225,185
Rexam PLC	688,032		5,370,243
Rio Tinto PLC	1,162,410		62,156,818
Rolls-Royce Group PLC	1,623,207		25,314,358
Royal & Sun Alliance Insurance Group PLC	3,055,837		5,595,480
Royal Bank of Scotland Group PLC (a)	1,842,748		9,026,800
Royal Dutch Shell PLC:
Class A (Netherlands)	55,606		1,826,356
Class A (United Kingdom)	3,186,091		104,645,785
Class B (United Kingdom)	2,271,273		76,429,969
SABMiller PLC	829,631		41,244,051
Sage Group PLC	1,121,951		5,786,990

	Shares		Value
Schroders PLC	93,701		$ 2,831,610
Scottish & Southern Energy PLC	827,116		18,144,066
Segro PLC	611,175		2,372,661
Serco Group PLC	429,654		3,718,557
Severn Trent PLC	208,569		5,122,671
Smith & Nephew PLC	779,082		8,345,470
Smiths Group PLC	336,438		6,436,059
Standard Chartered PLC (United Kingdom)	2,089,395		56,928,112
Standard Life PLC	2,034,954		10,882,123
Tate & Lyle PLC	397,529		4,899,955
Tesco PLC	6,966,890		39,063,470
The Weir Group PLC	185,225		6,586,537
TUI Travel PLC	416,653		2,005,601
Tullow Oil PLC	786,412		14,483,340
Unilever PLC	1,111,414		44,260,442
United Utilities Group PLC	594,882		6,651,173
Vedanta Resources PLC	98,791		1,762,482
Vodafone Group PLC	42,653,684		106,983,824
Whitbread PLC	151,980		5,817,061
WM Morrison Supermarkets PLC	2,009,502		7,913,945
Xstrata PLC	1,822,323		32,137,953
TOTAL UNITED KINGDOM			2,054,694,998
TOTAL COMMON STOCKS (Cost $9,789,242,801)		9,745,150,149
Nonconvertible Preferred Stocks - 0.9%

France - 0.3%
Air Liquide SA (a)	235,965		28,711,575
Germany - 0.6%
Bayerische Motoren Werke AG (BMW) (non-vtg.)	44,105		2,867,836
Henkel AG & Co. KGaA	155,124		13,672,269
Porsche Automobil Holding SE (Germany)	133,022		10,546,789
ProSiebenSat.1 Media AG	89,616		3,088,752
RWE AG (non-vtg.)	33,945		1,216,499
Volkswagen AG	125,638		27,433,464
TOTAL GERMANY			58,825,609
Italy - 0.0%
Telecom Italia SpA (Risparmio Shares)	5,345,527		3,456,804
TOTAL NONCONVERTIBLE PREFERRED STOCKS (Cost $66,038,680)		90,993,988

Government Obligations - 0.2%
	Principal Amount	Value
United States of America - 0.2%
U.S. Treasury Bills, yield at date of purchase 0.1% to 0.15% 4/25/13 to 9/19/13 (e) (Cost $17,991,606)	$ 18,000,000	$ 17,991,398

Money Market Funds - 4.1%
	Shares
Fidelity Cash Central Fund, 0.16% (b)	284,240,539		284,240,539
Fidelity Securities Lending Cash Central Fund, 0.16% (b)(c)	130,790,746		130,790,746
TOTAL MONEY MARKET FUNDS (Cost $415,031,285)		415,031,285
TOTAL INVESTMENT PORTFOLIO - 102.4% (Cost $10,288,304,372)		10,269,166,820
NET OTHER ASSETS (LIABILITIES) - (2.4)%			(238,260,795)
NET ASSETS - 100%		$ 10,030,906,025

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
Purchased
Equity Index Contracts
70 CAC 40 Index Contracts (France)	March 2013	$ 3,402,394	$ 30,243
115 CME NIKKEI 225 Index Contracts (Japan)	March 2013	7,146,402	394,211
42 EUREX DAX Index Contracts	March 2013	10,624,598	64,053
1,218 EUREX Dow Jones EURO STOXX 50 Index Contracts (European Union)	March 2013	41,900,713	(1,203,947)
48 Hang Seng Index Contracts (Hong Kong)	March 2013	7,108,773	(472)
549 LIFFE FTSE 100 Index Contracts (United Kingdom)	March 2013	52,957,432	1,369,406
432 OMX Stockholm 30 Index Contracts (Sweden)	March 2013	7,993,877	116,484
176 SFE SPI 200 Index Contracts	March 2013	22,853,922	977,902
75 Singapore Exch Derivatives Ltd.	March 2013	4,471,899	(40,060)

	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
200 TSE TOPIX Index Contracts	March 2013	$ 20,951,558	$ 397,481
155 TSE TOPIX Index Contracts	June 2013	16,103,678	94,692
TOTAL EQUITY INDEX CONTRACTS		$ 195,515,246	$ 2,199,993

The face value of futures purchased as a percentage of net assets is 1.9%

Forward Foreign Currency Contracts
	Settlement Dates	Value	Unrealized Appreciation/ (Depreciation)
Contracts to Buy with Goldman Sachs
21,700,000 AUD	March 2013	22,134,170	(621,067)
42,900,000 EUR	March 2013	56,015,388	(1,462,598)
35,200,000 GBP	March 2013	53,394,498	(3,212,078)
4,060,000,000 JPY	March 2013	43,804,517	(3,707,304)
52,700,000 SEK	March 2013	8,145,207	(32,286)
		$ 183,493,780	$ (9,035,333)

(Payable Amount $192,529,113)

The value of contracts to buy as a percentage of net assets - 1.8%

Currency Abbreviations
AUD	-	Australian dollar
EUR	-	European Monetary Unit
GBP	-	British pound
JPY	-	Japanese yen
SEK	-	Swedish krona

Legend

(a) Non-income producing

(d) Security or a portion of the security is on loan at period end.

(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At the period end, the value of securities pledged amounted to $17,501,664.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund	Income earned
Fidelity Cash Central Fund	$ 200,453
Fidelity Securities Lending Cash Central Fund	3,123,655
Total	$ 3,324,108

Other Information

Categorizations in the Schedule of Investments are based on country or territory of incorporation.

The following is a summary of the inputs used, as of February 28, 2013, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the tables below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.

Valuation Inputs at Reporting Date:
Description	Total	Level 1	Level 2	Level 3
Investments in Securities:
Equities:
Consumer Discretionary	$ 1,070,000,006	$ 796,826,332	$ 273,173,674	$ -
Consumer Staples	1,168,468,766	657,108,149	511,360,617	-
Energy	717,413,316	254,098,161	463,315,155	-
Financials	2,485,832,322	1,740,942,419	744,889,816	87
Health Care	982,928,863	475,637,279	507,291,584	-
Industrials	1,237,916,173	1,087,959,992	149,956,181	-
Information Technology	424,471,152	230,913,570	193,557,582	-
Materials	928,927,199	633,180,099	295,747,100	-
Telecommunication Services	464,355,031	217,942,836	246,412,195	-
Utilities	355,831,309	316,857,858	38,973,451	-
Government Obligations	17,991,398	-	17,991,398	-
Money Market Funds	415,031,285	415,031,285	-	-
Total Investments in Securities:	$ 10,269,166,820	$ 6,826,497,980	$ 3,442,668,753	$ 87
Derivative Instruments:
Assets
Futures Contracts	$ 3,444,472	$ 3,444,472	$ -	$ -
Liabilities
Forward Foreign Currency Contracts	$ (9,035,333)	$ -	$ (9,035,333)	$ -
Futures Contracts	(1,244,479)	(1,244,479)	-	-
Total Liabilities	$ (10,279,812)	$ (1,244,479)	$ (9,035,333)	$ -
Total Derivative Instruments:	$ (6,835,340)	$ 2,199,993	$ (9,035,333)	$ -

Transfers	Total
Level 1 to Level 2	$ 306,488,007
Level 2 to Level 1	$ 24,368,273

Value of Derivative Instruments

Primary Risk Exposure / Derivative Type	Value
	Asset	Liability
Equity Risk
Futures Contracts (b)	$ 3,444,472	$ (1,244,479)
Foreign Exchange Risk
Forward Foreign Currency Contracts (a)	-	(9,035,333)
Total Value of Derivatives	$ 3,444,472	$ (10,279,812)

(a) Value is disclosed net on the Statement of Assets and Liabilities in the unrealized appreciation/depreciation on forward foreign currency contracts line-items.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Spartan International Index Fund

Financial Statements

Statement of Assets and Liabilities

	February 28, 2013

Assets
Investment in securities, at value (including securities loaned of $123,106,373) - See accompanying schedule: Unaffiliated issuers (cost $9,873,273,087)	$ 9,854,135,535
Fidelity Central Funds (cost $415,031,285)	415,031,285
Total Investments (cost $10,288,304,372)		$ 10,269,166,820
Foreign currency held at value (cost $8,299,148)		8,274,245
Receivable for investments sold		2,139,628
Receivable for fund shares sold		40,670,694
Dividends receivable		30,788,018
Distributions receivable from Fidelity Central Funds		150,292
Receivable for daily variation margin on futures contracts		3,265,352
Receivable from investment adviser for expense reductions		284,086
Other receivables		2,418
Total assets		10,354,741,553

Liabilities
Payable for investments purchased	$ 161,184,895
Unrealized depreciation on foreign currency contracts	9,035,333
Payable for closed foreign currency contracts	458,137
Payable for fund shares redeemed	21,063,654
Accrued management fee	499,479
Other affiliated payables	803,284
Collateral on securities loaned, at value	130,790,746
Total liabilities		323,835,528

Net Assets		$ 10,030,906,025
Net Assets consist of:
Paid in capital		$ 10,692,409,688
Undistributed net investment income		9,035,338
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions		(643,340,907)
Net unrealized appreciation (depreciation) on investments and assets and liabilities in foreign currencies		(27,198,094)
Net Assets		$ 10,030,906,025

Statement of Assets and Liabilities - continued

	February 28, 2013

Investor Class: Net Asset Value, offering price and redemption price per share ($2,282,743,134 ÷ 64,657,566 shares)		$ 35.31

Fidelity Advantage Class: Net Asset Value, offering price and redemption price per share ($5,322,884,388 ÷ 150,749,541 shares)		$ 35.31

Institutional Class: Net Asset Value, offering price and redemption price per share ($1,269,545,087 ÷ 35,950,229 shares)		$ 35.31

Fidelity Advantage Institutional Class: Net Asset Value, offering price and redemption price per share ($1,155,733,416 ÷ 32,728,260 shares)		$ 35.31

See accompanying notes which are an integral part of the financial statements.

Annual Report

Statement of Operations

	Year ended February 28, 2013

Investment Income
Dividends		$ 312,936,755
Interest		25,070
Income from Fidelity Central Funds (including $3,123,655 from security lending)		3,324,108
Income before foreign taxes withheld		316,285,933
Less foreign taxes withheld		(21,433,633)
Total income		294,852,300

Expenses
Management fee	$ 5,276,000
Transfer agent fees	8,789,006
Independent trustees' compensation	57,027
Miscellaneous	22,592
Total expenses before reductions	14,144,625
Expense reductions	(2,378,678)	11,765,947
Net investment income (loss)		283,086,353
Realized and Unrealized Gain (Loss) Net realized gain (loss) on:
Investment securities:
Unaffiliated issuers	(90,747,705)
Foreign currency transactions	(4,711,849)
Futures contracts	16,416,860
Total net realized gain (loss)		(79,042,694)
Change in net unrealized appreciation (depreciation) on: Investment securities	702,911,670
Assets and liabilities in foreign currencies	(8,679,624)
Futures contracts	(4,222,110)
Total change in net unrealized appreciation (depreciation)		690,009,936
Net gain (loss)		610,967,242
Net increase (decrease) in net assets resulting from operations		$ 894,053,595

Statement of Changes in Net Assets

	Year ended February 28, 2013	Year ended February 29, 2012
Increase (Decrease) in Net Assets
Operations
Net investment income (loss)	$ 283,086,353	$ 307,056,865
Net realized gain (loss)	(79,042,694)	116,950,073
Change in net unrealized appreciation (depreciation)	690,009,936	(1,208,752,485)
Net increase (decrease) in net assets resulting from operations	894,053,595	(784,745,547)
Distributions to shareholders from net investment income	(263,200,177)	(282,810,129)
Distributions to shareholders from net realized gain	(10,605,696)	(5,246,083)
Total distributions	(273,805,873)	(288,056,212)
Share transactions - net increase (decrease)	690,478,893	(204,144,449)
Redemption fees	579,443	929,822
Total increase (decrease) in net assets	1,311,306,058	(1,276,016,386)

Net Assets
Beginning of period	8,719,599,967	9,995,616,353
End of period (including undistributed net investment income of $9,035,338 and undistributed net investment income of $1,453,417, respectively)	$ 10,030,906,025	$ 8,719,599,967

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Investor Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 33.06	$ 37.29	$ 31.74	$ 20.85	$ 43.23
Income from Investment Operations
Net investment income (loss)^B	1.03	1.19	.94	.82	1.30
Net realized and unrealized gain (loss)	2.23	(4.28)	5.45	10.93	(22.75)
Total from investment operations	3.26	(3.09)	6.39	11.75	(21.45)
Distributions from net investment income	(.97)	(1.12)	(.81)	(.74)	(.94)
Distributions from net realized gain	(.04)	(.02)	(.03)	(.12)	-
Total distributions	(1.01)	(1.14)	(.84)	(.86)	(.94)
Redemption fees added to paid in capital^B	-^G	-^G	-^G	-^G	.01
Net asset value, end of period	$ 35.31	$ 33.06	$ 37.29	$ 31.74	$ 20.85
Total Return^A	10.01%	(7.92)%	20.34%	56.36%	(50.03)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.20%	.20%	.20%	.20%	.20%
Expenses net of fee waivers, if any	.20%	.11%	.10%	.10%	.10%
Expenses net of all reductions	.20%	.11%	.10%	.10%	.10%
Net investment income (loss)	3.16%	3.54%	2.84%	2.72%	3.75%
Supplemental Data
Net assets, end of period (000 omitted)	$ 2,282,743	$ 3,424,239	$ 6,932,647	$ 5,488,131	$ 2,697,776
Portfolio turnover rate^D	1%	9%	1%	2%	4%

Financial Highlights - Fidelity Advantage Class

Years ended February 28,	2013	2012^F	2011	2010	2009
Selected Per-Share Data
Net asset value, beginning of period	$ 33.07	$ 37.29	$ 31.74	$ 20.85	$ 43.23
Income from Investment Operations
Net investment income (loss)^B	1.06	1.20	.96	.83	1.31
Net realized and unrealized gain (loss)	2.22	(4.28)	5.44	10.93	(22.75)
Total from investment operations	3.28	(3.08)	6.40	11.76	(21.44)
Distributions from net investment income	(1.00)	(1.12)	(.82)	(.75)	(.95)
Distributions from net realized gain	(.04)	(.02)	(.03)	(.12)	-
Total distributions	(1.04)	(1.14)	(.85)	(.87)	(.95)
Redemption fees added to paid in capital^B	-^G	-^G	-^G	-^G	.01
Net asset value, end of period	$ 35.31	$ 33.07	$ 37.29	$ 31.74	$ 20.85
Total Return^A	10.07%	(7.87)%	20.38%	56.40%	(50.02)%
Ratios to Average Net Assets^{C, E}
Expenses before reductions	.17%	.17%	.17%	.17%	.17%
Expenses net of fee waivers, if any	.12%	.07%	.07%	.07%	.07%
Expenses net of all reductions	.12%	.07%	.07%	.07%	.07%
Net investment income (loss)	3.24%	3.57%	2.87%	2.75%	3.78%
Supplemental Data
Net assets, end of period (000 omitted)	$ 5,322,884	$ 3,476,600	$ 3,062,970	$ 2,178,395	$ 1,155,867
Portfolio turnover rate^D	1%	9%	1%	2%	4%

See accompanying notes which are an integral part of the financial statements.

Annual Report

Financial Highlights - Institutional Class

Years ended February 28,	2013	2012^{H, J}
Selected Per-Share Data
Net asset value, beginning of period	$ 33.07	$ 31.29
Income from Investment Operations
Net investment income (loss)^D	1.07	.32
Net realized and unrealized gain (loss)	2.22	2.48^G
Total from investment operations	3.29	2.80
Distributions from net investment income	(1.01)	(1.02)
Distributions from net realized gain	(.04)	-
Total distributions	(1.05)	(1.02)
Redemption fees added to paid in capital^{D, K}	-	-
Net asset value, end of period	$ 35.31	$ 33.07
Total Return^{B, C}	10.12%	9.44%
Ratios to Average Net Assets^{E, I}
Expenses before reductions	.10%^M	.10%^{A, M}
Expenses net of fee waivers, if any	.07%	.07%^A
Expenses net of all reductions	.07%	.07%^A
Net investment income (loss)	3.29%	2.19%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 1,269,545	$ 860,659
Portfolio turnover rate^F	1%	9%^L

^A Annualized ^B Total returns for periods of less than one year are not annualized. ^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^D Calculated based on average shares outstanding during the period. ^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^G The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments of the Fund. ^H For the period September 8, 2011 (commencement of sale of shares) to February 29, 2012. ^I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer-term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^J For the year ended February 29. ^K Amount represents less than $.01 per share. ^L Amount not annualized. ^M Amount represents .095%.

Financial Highlights - Fidelity Advantage Institutional Class

Years ended February 28,	2013	2012^{H, J}
Selected Per-Share Data
Net asset value, beginning of period	$ 33.07	$ 31.29
Income from Investment Operations
Net investment income (loss)^D	1.08	.32
Net realized and unrealized gain (loss)	2.22	2.48^G
Total from investment operations	3.30	2.80
Distributions from net investment income	(1.02)	(1.02)
Distributions from net realized gain	(.04)	-
Total distributions	(1.06)	(1.02)
Redemption fees added to paid in capital^{D, K}	-	-
Net asset value, end of period	$ 35.31	$ 33.07
Total Return^{B, C}	10.13%	9.45%
Ratios to Average Net Assets^{E, I}
Expenses before reductions	.08%^M	.08%^{A, M}
Expenses net of fee waivers, if any	.06%	.06%^A
Expenses net of all reductions	.06%	.06%^A
Net investment income (loss)	3.30%	2.17%^A
Supplemental Data
Net assets, end of period (000 omitted)	$ 1,155,733	$ 958,101
Portfolio turnover rate^F	1%	9%^L

^A Annualized ^B Total returns for periods of less than one year are not annualized. ^C Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown. ^D Calculated based on average shares outstanding during the period. ^E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds. ^F Amount does not include the portfolio activity of any underlying Fidelity Central Funds. ^G The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of sales and repurchases of shares in relation to fluctuating market values of the investments of the Fund. ^H For the period September 8, 2011 (commencement of sale of shares) to February 29, 2012. ^I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer-term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class. ^J For the year ended February 29. ^K Amount represents less than $.01 per share. ^L Amount not annualized. ^M Amount represents .075%.

See accompanying notes which are an integral part of the financial statements.

Annual Report

Notes to Financial Statements

For the period ended February 28, 2013

1. Organization.

2. Investments in Fidelity Central Funds.

The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.

A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Funds' Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.

3. Significant Accounting Policies.

Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. In accordance with valuation policies and procedures approved by the Board of Trustees (the Board), each Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the FMR Fair Value Committee (the Committee), in accordance with procedures adopted by each Fund's Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees each Fund's valuation policies and procedures and is responsible for approving and reporting to the Board all fair value determinations.

Each Fund categorizes the inputs to valuation techniques used to value their investments into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value each Fund's investments by major category are as follows:

Annual Report

3. Significant Accounting Policies - continued

Investment Valuation - continued

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level, as of February 28, 2013, including information on transfers between Levels 1 and 2 is included at the end of each applicable Fund's Schedule of Investments.

Annual Report

Notes to Financial Statements - continued

3. Significant Accounting Policies - continued

Income Tax Information and Distributions to Shareholders - continued

The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows for each Fund:

	Tax cost	Gross unrealized appreciation	Gross unrealized depreciation	Net unrealized appreciation (depreciation) on securities and other investments
Spartan Extended Market Index	$ 7,919,966,166	$ 2,377,292,419	$ (857,939,874)	$ 1,519,352,545
Spartan International Index	10,346,418,869	1,936,134,722	(2,013,386,771)	(77,252,049)

The tax-based components of distributable earnings as of period end were as follows for each Fund:

	Undistributed ordinary income	Undistributed long-term capital gain	Capital loss carryforward	Net unrealized appreciation (depreciation)
Spartan Extended Market Index	$ 17,833,773	$ 42,251,715	$ -	$ 1,527,074,591
Spartan International Index	-	-	(535,614,445)	(84,624,855)

	Fiscal year of expiration
	2017	2018	2019	Total with expiration

Spartan International Index	(119,933,607)	(148,608,684)	(49,793,394)	(318,335,685)
	No expiration
	Short-term	Long-term	Total no expiration	Total capital loss carryfoward

Spartan International Index	(4,442,746)	(212,836,014)	(217,278,760)	(535,614,445)

The tax character of distributions paid was as follows:

February 28, 2013
	Ordinary Income	Long-term Capital Gains	Total
Spartan Extended Market Index	$ 123,000,708	$ 200,713,554	$ 323,714,262
Spartan International Index	273,805,873	-	273,805,873
February 29, 2012
	Ordinary Income	Long-term Capital Gains	Total
Spartan Extended Market Index	$ 83,031,372	$ 114,363,034	$ 197,394,406
Spartan International Index	288,056,212	-	288,056,212

Annual Report

3. Significant Accounting Policies - continued

New Accounting Pronouncement. The Financial Accounting Standards Board issued in December 2011, Accounting Standard Update No. 2011-11, Disclosures about Offsetting Assets and Liabilities, and in January 2013, Accounting Standards Update No. 2013-1 Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities. These updates create new disclosure requirements requiring entities to disclose both gross and net information for derivatives and other financial instruments that are either offset in the Statement of Assets and Liabilities or subject to an enforceable master netting arrangement or similar agreement. The disclosure requirements are effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Management is currently evaluating the impact of the update's adoption on the Funds' financial statement disclosures.

4. Derivative Instruments.

The Funds' use of derivatives increased or decreased their exposure to the following risks:

Equity Risk	Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
Foreign Exchange Risk	Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates.

Primary Risk Exposure / Derivative Type	Net Realized Gain (Loss)	Change in Net Unrealized Appreciation (Depreciation)
Spartan Extended Market Index
Equity Risk
Futures Contracts	$ 10,780,134	$ 1,141,781
Totals (a)	$ 10,780,134	$ 1,141,781
Spartan International Index
Equity Risk
Futures Contracts	$ 16,416,860	$ (4,222,110)
Foreign Exchange Risk
Forward Foreign Currency Contracts	(3,199,896)	(7,581,914)
Totals (a)	$ 13,216,964	$ (11,804,024)

(a) A summary of the value of derivatives by primary risk exposure as of period end is included at the end of the Schedule of Investments and is representative of activity for the period.

Annual Report

Notes to Financial Statements - continued

4. Derivative Instruments - continued

Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Funds used futures contracts to manage their exposure to the stock market and fluctuations in currency values.

Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts." The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments.

5. Purchases and Sales of Investments.

Purchases and sales of securities, other than short-term securities, are noted in the table below.

	Purchases ($)	Sales ($)
Spartan Extended Market Index	1,506,591,375	701,400,971
Spartan International Index	809,307,027	127,904,054

6. Fees and Other Transactions with Affiliates.

	Investor Class	Advantage Class	Institutional Class	Fidelity Advantage Institutional Class
Spartan Extended Market Index Fund	.10%	.07%	n/a	.07%
Spartan International Index Fund	.20%	.17%	.095%	.075%

Annual Report

6. Fees and Other Transactions with Affiliates - continued

	Received by FIIOC	Paid by Class
Spartan Extended Market Index
Investor Class	.075%	.04%
Fidelity Advantage Class	.045%	.01%
Fidelity Advantage Institutional Class	.015%	.01%

Spartan International Index
Investor Class	.21%	.14%
Fidelity Advantage Class	.11%	.11%
Institutional Class	.035%	.035%
Fidelity Advantage Institutional Class	.015%	.015%

For the period, the total transfer agent fees paid by each applicable class were as follows:

	Amount
Spartan Extended Market Index
Investor Class	$ 763,759
Fidelity Advantage Class	497,711
Fidelity Advantage Institutional Class	13
	$ 1,261,483

Spartan International Index
Investor Class	$ 4,106,510
Fidelity Advantage Class	4,156,475
Institutional Class	374,144
Fidelity Advantage Institutional Class	151,877
	$ 8,789,006

7. Committed Line of Credit.

Spartan Extended Market Index	$ 17,439
Spartan International Index	22,592

During the period, there were no borrowings on this line of credit.

8. Security Lending.

Annual Report

Notes to Financial Statements - continued

8. Security Lending - continued

9. Expense Reductions.

	Expense Limitations	Reimbursement
Spartan Extended Market Index
Fidelity Advantage Institutional Class	.06%	$ 15
Spartan International Index
Fidelity Advantage Class	.12%	1,941,715
Institutional Class	.07%	276,843
Fidelity Advantage Institutional Class	.06%	160,105

In addition, FMR reimbursed a portion of Spartan Extended Market Index Fund's operating expenses during the period in the amount of $1,180.

	Management fee reduction
Spartan Extended Market Index	$ 589
Spartan International Index	15

10. Distributions to Shareholders.

Distributions to shareholders of each class were as follows:

	Year ended February 28, 2013	Year ended February 29, 2012^A
Spartan Extended Market Index
From net investment income
Investor Class	$ 34,726,754	$ 44,200,763
Fidelity Advantage Class	88,271,798	25,213,023
Fidelity Advantage Institutional Class	2,156	1,161
Total	$ 123,000,708	$ 69,414,947
From net realized gain
Investor Class	$ 59,938,933	$ 88,449,322
Fidelity Advantage Class	140,771,137	39,529,035
Fidelity Advantage Institutional Class	3,484	1,102
Total	$ 200,713,554	$ 127,979,459
Spartan International Index
From net investment income
Investor Class	$ 87,597,672	$ 148,424,687
Fidelity Advantage Class	109,365,106	91,917,749
Institutional Class	34,315,538	20,201,408
Fidelity Advantage Institutional Class	31,921,861	22,266,285
Total	$ 263,200,177	$ 282,810,129
From net realized gain
Investor Class	$ 3,612,275	$ 3,579,535
Fidelity Advantage Class	4,386,091	1,666,548
Institutional Class	1,352,974	-
Fidelity Advantage Institutional Class	1,254,356	-
Total	$ 10,605,696	$ 5,246,083

^A Distributions for Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

Annual Report

11. Share Transactions.

Transactions for each class of shares were as follows:

	Shares		Dollars
Years ended February 28,	Year ended February 28, 2013	Year ended February 29, 2012^A	Year ended February 28, 2013	Year ended February 29, 2012^A
Spartan Extended Market Index
Investor Class
Shares sold	13,321,094	40,837,111	$ 530,659,536	$ 1,555,171,539
Reinvestment of distributions	2,332,565	3,525,601	90,866,565	129,930,899
Shares redeemed	(58,837,328)	(88,688,944)	(2,389,706,038)	(3,356,270,130)
Net increase (decrease)	(43,183,669)	(44,326,232)	$ (1,768,179,937)	$ (1,671,167,692)
Fidelity Advantage Class
Shares sold	89,341,752	68,841,430	$ 3,625,244,734	$ 2,626,867,824
Reinvestment of distributions	5,670,305	1,645,712	220,926,287	59,386,217
Shares redeemed	(27,226,963)	(9,691,823)	(1,083,879,441)	(362,785,045)
Net increase (decrease)	67,785,094	60,795,319	$ 2,762,291,580	$ 2,323,468,996
Fidelity Advantage Institutional Class
Shares sold	2,138	2,884	$ 88,301	$ 100,000
Reinvestment of distributions	145	66	5,640	2,263
Net increase (decrease)	2,283	2,950	$ 93,941	$ 102,263
Spartan International Index
Investor Class
Shares sold	22,480,598	51,659,320	$ 738,516,301	$ 1,725,521,597
Reinvestment of distributions	2,603,169	4,931,710	87,570,598	146,703,273
Shares redeemed	(63,993,981)	(138,930,396)^B	(2,162,502,955)	(4,508,596,328)^B
Net increase (decrease)	(38,910,214)	(82,339,366)	$ (1,336,416,056)	$ (2,636,371,458)
Fidelity Advantage Class
Shares sold	75,323,150	50,383,664	$ 2,547,792,654	$ 1,659,791,665
Reinvestment of distributions	3,011,886	2,688,031	101,319,852	79,393,189
Shares redeemed	(32,726,415)	(30,064,805)	(1,057,404,449)	(976,577,403)
Net increase (decrease)	45,608,621	23,006,890	$ 1,591,708,057	$ 762,607,451
Institutional Class
Shares sold	16,830,227	26,471,830	$ 541,022,171	$ 810,287,820
Reinvestment of distributions	1,060,233	700,632	35,666,241	20,199,209
Shares redeemed	(7,965,479)^B	(1,147,214)	(261,596,672)^B	(35,649,587)
Net increase (decrease)	9,924,981	26,025,248	$ 315,091,740	$ 794,837,442
Fidelity Advantage Institutional Class
Shares sold	8,644,925	29,053,528	$ 280,664,871	$ 879,203,212
Reinvestment of distributions	986,213	772,330	33,176,217	22,266,285
Shares redeemed	(5,875,458)	(853,278)	(193,745,936)	(26,687,381)
Net increase (decrease)	3,755,680	28,972,580	$ 120,095,152	$ 874,782,116

^AShare transactions Institutional Class and Fidelity Advantage Institutional Class are for the period September 8, 2011 (commencement of sale of shares) to February 29, 2012.

^BAmount includes in-kind redemptions.

12. Other.

Annual Report

Report of Independent Registered Public Accounting Firm

To the Trustees of Fidelity Concord Street Trust and the Shareholders of Spartan Total Market Index Fund, Spartan Extended Market Index Fund and Spartan International Index Fund:

PricewaterhouseCoopers LLP

Boston, Massachusetts
April 19, 2013

Annual Report

Trustees and Officers

The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person of the trust and funds (as defined in the 1940 Act) (Independent Trustee), shall retire not later than the last day of the calendar year in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. The executive officers and Advisory Board Members hold office without limit in time, except that any officer and Advisory Board Member may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.

In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing each fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the funds, is provided below.

Board Structure and Oversight Function. James C. Curvey is an interested person (as defined in the 1940 Act) and currently serves as Chairman. The Trustees have determined that an interested Chairman is appropriate and benefits shareholders because an interested Chairman has a personal and professional stake in the quality and continuity of services provided to the funds. Independent Trustees exercise their informed business judgment to appoint an individual of their choosing to serve as Chairman, regardless of whether the Trustee happens to be independent or a member of management. The Independent Trustees have determined that they can act independently and effectively without having an Independent Trustee serve as Chairman and that a key structural component for assuring that they are in a position to do so is for the Independent Trustees to constitute a substantial majority for the Board. The Independent Trustees also regularly meet in executive session. Ned C. Lautenbach serves as Chairman of the Independent Trustees and as such (i) acts as a liaison between the Independent Trustees and management with respect to matters important to the Independent Trustees and (ii) with management prepares agendas for Board meetings.

Annual Report

Trustees and Officers - continued

The funds' Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.

Interested Trustees*:

Correspondence intended for each Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
James C. Curvey (1935)
	Year of Election or Appointment: 2007 Mr. Curvey is Trustee and Chairman of the Board of Trustees of certain Trusts. Mr. Curvey also serves as Trustee (2007-present) of other investment companies advised by FMR. Mr. Curvey is a Director of Fidelity Investments Money Management, Inc. (2009-present), Director of Fidelity Research & Analysis Co. (2009-present) and Director of FMR and FMR Co., Inc. (2007-present). Mr. Curvey is also Vice Chairman (2007-present) and Director of FMR LLC. In addition, Mr. Curvey serves as an Overseer for the Boston Symphony Orchestra and a member of the Trustees of Villanova University. Previously, Mr. Curvey was the Vice Chairman (2006-2007) and Director (2000-2007) of FMR Corp.
Ronald P. O'Hanley (1957)
	Year of Election or Appointment: 2011 Mr. O'Hanley is Director of FMR Co., Inc. (2010-present), Director of Fidelity Investments Money Management, Inc. (2010-present), Director of Fidelity Research & Analysis Company (2010-present), President of Fidelity Asset Management and Corporate Services and a member of Fidelity's Executive Committee (2010-present). Previously, Mr. O'Hanley served as President and Chief Executive Officer of BNY Mellon Asset Management (2007-2010). Mr. O'Hanley also served as Vice Chairman of Bank New York Mellon Corp. and a member of that firm's Executive Committee. Prior to the 2007 merger of The Bank of New York and Mellon Financial Corporation, he was Vice Chairman of Mellon Financial Corporation and President and Chief Executive Officer of Mellon Asset Management. He joined Mellon in February 1997. Mr. O'Hanley currently serves as Chairman of the Boston Public Library Foundation Board of Directors and sits on the Board of Directors of Beth Israel Deaconess Medical Center, the Board of Trustees of the Marine Biological Laboratory and the Advisory Board of the Maxwell School of Citizenship and Public Administration at Syracuse University. Mr. O'Hanley also chairs the Council on Asset Management for the Financial Services Roundtable and is a member of the Board of Directors of Institutional Investor's U.S. Institute.

* Trustees have been determined to be "Interested Trustees" by virtue of, among other things, their affiliation with the trust or various entities under common control with FMR.

Independent Trustees:

Correspondence intended for each Independent Trustee (that is, the Trustees other than the Interested Trustees) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.

Name, Year of Birth; Principal Occupations and Other Relevant Experience⁺
Dennis J. Dirks (1948)
	Year of Election or Appointment: 2005 Prior to his retirement in May 2003, Mr. Dirks was Chief Operating Officer and a member of the Board of The Depository Trust & Clearing Corporation (DTCC). He also served as President, Chief Operating Officer, and Board member of The Depository Trust Company (DTC) and President and Board member of the National Securities Clearing Corporation (NSCC). In addition, Mr. Dirks served as Chief Executive Officer and Board member of the Government Securities Clearing Corporation, Chief Executive Officer and Board member of the Mortgage-Backed Securities Clearing Corporation, as a Trustee and a member of the Finance Committee of Manhattan College (2005-2008), and as a Trustee and a member of the Finance Committee of AHRC of Nassau County (2006-2008). Mr. Dirks is a member of the Independent Directors Council (IDC) Governing Council (2010-present) and Board of Directors for The Brookville Center for Children's Services, Inc. (2009-present).
Alan J. Lacy (1953)
	Year of Election or Appointment: 2008 Mr. Lacy serves as Senior Adviser (2007-present) of Oak Hill Capital Partners, L.P. (private equity). Mr. Lacy also served as Chief Executive Officer (2000-2005) and Vice Chairman (2005-2006) of Sears Holdings Corporation and Sears, Roebuck and Co. (retail). In addition, Mr. Lacy serves as a member of the Board of Directors of Dave & Buster's Entertainment, Inc. (restaurant and entertainment complexes, 2010-present), Earth Fare, Inc. (retail grocery, 2012-present), The Hillman Companies, Inc. (hardware wholesalers, 2010-present), and Bristol-Myers Squibb Company (global pharmaceuticals, 2008-present). Mr. Lacy is a member of the Board of Trustees of The National Parks Conservation Association (2006-present). Previously, Mr. Lacy served as Chairman of the Board of Trustees of the National Parks Conservation Association (2008-2011) and as a member of the Board of Directors for the Western Union Company (global money transfer, 2006-2011).
Ned C. Lautenbach (1944)
	Year of Election or Appointment: 2000 Mr. Lautenbach is Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Lautenbach currently serves as the Lead Director of the Eaton Corporation Board of Directors (diversified industrial, 1997-present). Mr. Lautenbach is Chairman of the Board of Directors of the Philharmonic Center for the Arts in Naples, Florida (2012-present) and a member of the Council on Foreign Relations (1994-present). Previously, Mr. Lautenbach was a Partner/Advisory Partner at Clayton, Dubilier & Rice, LLC (private equity investment, 1998-2010), as well as a Director of Sony Corporation (2006-2007).
Joseph Mauriello (1944)
	Year of Election or Appointment: 2008 Prior to his retirement in January 2006, Mr. Mauriello served in numerous senior management positions including Deputy Chairman and Chief Operating Officer (2004-2005), and Vice Chairman of Financial Services (2002-2004) of KPMG LLP US (professional services, 1965-2005). Mr. Mauriello currently serves as a member of the Board of Directors of XL Group plc. (global insurance and re-insurance, 2006-present). Previously, Mr. Mauriello served as a Director of the Hamilton Funds of the Bank of New York (2006-2007) and of Arcadia Resources Inc. (health care services and products, 2007-2012).
Robert W. Selander (1950)
	Year of Election or Appointment: 2011 Previously, Mr. Selander served as a Member of the Advisory Board of Fidelity's Equity and High Income Funds (2011), Executive Vice Chairman (2010), Chief Executive Officer (2009-2010), and President and Chief Executive Officer (1997-2009) of Mastercard, Inc.
Cornelia M. Small (1944)
	Year of Election or Appointment: 2005 Ms. Small is a member of the Board of Directors (2009-present) and Chair of the Investment Committee (2010-present) of the Teagle Foundation. Ms. Small also serves on the Investment Committee of the Berkshire Taconic Community Foundation (2008-present). Previously, Ms. Small served as Chairperson (2002-2008) and a member of the Investment Committee and Chairperson (2008-2012) and a member of the Board of Trustees of Smith College. In addition, Ms. Small served as Chief Investment Officer, Director of Global Equity Investments, and a member of the Board of Directors of Scudder, Stevens & Clark and Scudder Kemper Investments.
William S. Stavropoulos (1939)
	Year of Election or Appointment: 2001 Mr. Stavropoulos is Vice Chairman of the Independent Trustees of the Equity and High Income Funds (2006-present). Mr. Stavropoulos serves as President and Founder of the Michigan Baseball Foundation, the Great Lakes Loons (2007-present). Mr. Stavropoulos is Chairman Emeritus of the Board of Directors of The Dow Chemical Company, where he previously served in numerous senior management positions, including President, CEO (1995-2000; 2002-2004), Chairman of the Executive Committee (2000-2006), and as a member of the Board of Directors (1990-2006). Currently, Mr. Stavropoulos is a Director of Univar Inc. (global distributor of commodity and specialty chemicals, Chairman from 2010-May 2012 and Lead Director from May 2012-present), Teradata Corporation (data warehousing and technology solutions, 2008-present), Maersk Inc. (industrial conglomerate), and Tyco International, Ltd. (multinational manufacturing and services, 2007-present), and a member of the Advisory Board for Metalmark Capital LLC (private equity investment, 2005-present). Mr. Stavropoulos is an operating advisor to Clayton, Dubilier & Rice, LLC (private equity investment). In addition, Mr. Stavropoulos is a member of the University of Notre Dame Advisory Council for the College of Science, a Trustee of the Rollin L. Gerstacker Foundation, and a Director of the Naples Philharmonic Center for the Arts. Previously, Mr. Stavropoulos served as a Director of Chemical Financial Corporation (bank holding company, 1993-2012).
David M. Thomas (1949)
	Year of Election or Appointment: 2008 Previously, Mr. Thomas served as Executive Chairman (2005-2006) and Chairman and Chief Executive Officer (2000-2005) of IMS Health, Inc. (pharmaceutical and healthcare information solutions), and a Director of Fortune Brands, Inc. (consumer products, 2000-2011). In addition, Mr. Thomas serves as Non-Executive Chairman of the Board of Directors of Fortune Brands Home and Security (home and security products, 2011-present), and as a member of the Board of Directors of Interpublic Group of Companies, Inc. (marketing communication, 2004-present).
Michael E. Wiley (1950)
	Year of Election or Appointment: 2008 Mr. Wiley also serves as a Director of Asia Pacific Exploration Consolidated (international oil and gas exploration and production, 2008-present). Mr. Wiley serves as a Director of Tesoro Corporation (independent oil refiner and marketer, 2005-present), and a Director of Bill Barrett Corporation (exploration and production, 2005-present). In addition, Mr. Wiley also serves as a Director of Post Oak Bank (privately-held bank, 2004-present). Previously, Mr. Wiley served as a member of the Board of Trustees of the University of Tulsa (2000-2006; 2007-2010), as a Senior Energy Advisor of Katzenbach Partners, LLC (consulting, 2006-2007), as an Advisory Director of Riverstone Holdings (private investment), Chairman, President, and CEO of Baker Hughes, Inc. (oilfield services, 2000-2004), and as Director of Spinnaker Exploration Company (exploration and production, 2001-2005).

Advisory Board Members and Executive Officers:

Name, Year of Birth; Principal Occupation
Peter S. Lynch (1944)
	Year of Election or Appointment: 2003 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Mr. Lynch is Vice Chairman and a Director of FMR and FMR Co., Inc. In addition, Mr. Lynch serves as a Trustee of Boston College and as the Chairman of the Inner-City Scholarship Fund. Previously, Mr. Lynch served on the Special Olympics International Board of Directors (1997-2006).
David A. Rosow (1942)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Chairman and Chief Executive Officer of International Golf Group, Inc. (golf course development, 1989-present). Previously, Mr. Rosow served as Chairman and Chief Executive Officer of Rosow & Company, Inc. (private investment company, 1989-2011), a Lead Director of Hudson United Bancorp (2001-2006) and as a Director of TD Banknorth (1996-2006). In addition, Mr. Rosow is a member (2008-present) and President (2009-present) of the Town Council of Palm Beach, Florida.
Garnett A. Smith (1947)
	Year of Election or Appointment: 2012 Member of the Advisory Board of Fidelity's Equity and High Income Funds. Prior to Mr. Smith's retirement, he served as Chairman and Chief Executive Officer of Inbrand Corp. (manufacturer of personal absorbent products, 1990-1997). He also served as President (1986-1990) of Inbrand Corp. Prior to his employment with Inbrand Corp., he was employed by a retail fabric chain and North Carolina National Bank. In addition, Mr. Smith is a board member of the Jackson Hole Land Trust (2009-present).
Kenneth B. Robins (1969)
	Year of Election or Appointment: 2008 President and Treasurer of Fidelity's Equity and High Income Funds. Mr. Robins also serves as President and Treasurer (2010-present) and Assistant Treasurer (2009-present) of other Fidelity funds and is an employee of Fidelity Investments (2004-present). Previously, Mr. Robins served as Deputy Treasurer of the Fidelity funds (2005-2008) and Treasurer and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2006-2008).
Bruce T. Herring (1965)
	Year of Election or Appointment: 2006 Vice President of certain Equity Funds. Mr. Herring also serves as Chief Investment Officer of Fidelity Global Asset Allocation (GAA) (2013-present), Chief Investment Officer and Director of Fidelity Management & Research (U.K.) Inc. (2010-present), Group Chief Investment Officer of FMR, and President of Fidelity Research & Analysis Company (2010-present). Previously, Mr. Herring served as Vice President (2005-2006) and Senior Vice President (2006-2007) of Fidelity Management & Research Company, Vice President of FMR Co., Inc. (2001-2007) and as a portfolio manager for Fidelity U.S. Equity Funds.
Brian B. Hogan (1964)
	Year of Election or Appointment: 2009 Vice President of Equity and High Income Funds. Mr. Hogan also serves as President of FMR's Equity Division (2009-present). Previously, Mr. Hogan served as Senior Vice President, Equity Research of FMR (2006-2009) and as a portfolio manager.
Scott C. Goebel (1968)
	Year of Election or Appointment: 2008 Secretary and Chief Legal Officer (CLO) of the Fidelity funds. Mr. Goebel also serves as Secretary of Fidelity Investments Money Management, Inc. (FIMM) (2010-present) and Fidelity Research and Analysis Company (FRAC) (2010-present); Secretary and CLO of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present); General Counsel, Secretary, and Senior Vice President of FMR (2008-present) and FMR Co., Inc. (2008-present); employed by FMR LLC or an affiliate (2001-present); Chief Legal Officer of Fidelity Management & Research (Hong Kong) Limited (2008-present) and Assistant Secretary of Fidelity Management & Research (Japan) Inc. (2008-present), and Fidelity Management & Research (U.K.) Inc. (2008-present). Previously, Mr. Goebel served as Assistant Secretary of FIMM (2008-2010), FRAC (2008-2010), and the Funds (2007-2008) and as Vice President and Secretary of Fidelity Distributors Corporation (FDC) (2005-2007).
William C. Coffey (1969)
	Year of Election or Appointment: 2009 Assistant Secretary of Fidelity's Equity and High Income Funds. Mr. Coffey also serves as Senior Vice President and Deputy General Counsel of FMR LLC (2010-present), and is an employee of Fidelity Investments. Previously, Mr. Coffey served as Vice President and Associate General Counsel of FMR LLC (2005-2009).
Elizabeth Paige Baumann (1968)
	Year of Election or Appointment: 2012 Anti-Money Laundering (AML) Officer of the Fidelity funds. Ms. Baumann also serves as AML Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2012-present), Chief AML Officer of FMR LLC (2012-present), and is an employee of Fidelity Investments. Previously, Ms. Baumann served as Vice President and Deputy Anti-Money Laundering Officer (2007-2012).
Christine Reynolds (1958)
	Year of Election or Appointment: 2008 Chief Financial Officer of the Fidelity funds. Ms. Reynolds became President of Fidelity Pricing and Cash Management Services (FPCMS) in August 2008. Ms. Reynolds served as Chief Operating Officer of FPCMS (2007-2008). Previously, Ms. Reynolds served as President, Treasurer, and Anti-Money Laundering officer of the Fidelity funds (2004-2007).
Joseph A. Hanlon (1968)
	Year of Election or Appointment: 2012 Chief Compliance Officer of Fidelity's Equity and High Income Funds. Mr. Hanlon serves as Compliance Officer of FMR, FMR Co., Inc., Fidelity Investments Money Management, Inc. (FIMM), Fidelity Research and Analysis Company (FRAC), Fidelity Management & Research (Japan) Inc., Fidelity Management & Research (U.K.) Inc., Fidelity Management & Research (Hong Kong), and Strategic Advisers, Inc. (2009-present), as Senior Vice President of the Fidelity Asset Management Division (2009-present), and is an employee of Fidelity Investments.
Joseph F. Zambello (1957)
	Year of Election or Appointment: 2011 Deputy Treasurer of the Fidelity funds. Mr. Zambello is an employee of Fidelity Investments. Previously, Mr. Zambello served as Vice President of FMR's Program Management Group (2009-2011) and Vice President of the Transfer Agent Oversight Group (2005-2009).
Adrien E. Deberghes (1967)
	Year of Election or Appointment: 2008 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Deberghes also serves as Vice President (2011-present) and Assistant Treasurer (2010-present) of other Fidelity funds, and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005).
Stephen Sadoski (1971)
	Year of Election or Appointment: 2012 Deputy Treasurer of Fidelity's Equity and High Income Funds. Mr. Sadoski also serves as Deputy Treasurer of other Fidelity funds (2013-present) and is an employee of Fidelity Investments (2012-present). Previously, Mr. Sadoski served as Assistant Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2012-2013), an assistant chief accountant in the Division of Investment Management of the Securities and Exchange Commission (SEC) (2009-2012) and as a senior manager at Deloitte & Touche (1997-2009).
Stacie Smith (1974)
	Year of Election or Appointment: 2013 Deputy Treasurer of Fidelity's Equity and High Income Funds. Ms. Smith is an employee of Fidelity Investments (2009-present). Previously, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (1996-2009).
Stephanie J. Dorsey (1969)
	Year of Election or Appointment: 2010 Assistant Treasurer of Fidelity's Equity and High Income Funds. Ms. Dorsey also serves as President and Treasurer (2013-present) and Assistant Treasurer (2012-present) of other Fidelity funds and is an employee of Fidelity Investments (2008-present). Previously, Ms. Dorsey served as Deputy Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013), Treasurer (2004-2008) of the JPMorgan Mutual Funds and Vice President (2004-2008) of JPMorgan Chase Bank.
John R. Hebble (1958)
	Year of Election or Appointment: 2009 Assistant Treasurer of Fidelity's Equity and High Income Funds. Mr. Hebble also serves as President (2011-present), Treasurer, and Chief Financial Officer of The North Carolina Capital Management Trust: Cash and Term Portfolios (2008-present) and is an employee of Fidelity Investments. Previously, Mr. Hebble served as President and Treasurer of Fidelity's Fixed Income and Asset Allocation Funds (2008-2013).
Gary W. Ryan (1958)
	Year of Election or Appointment: 2005 Assistant Treasurer of the Fidelity funds. Mr. Ryan is an employee of Fidelity Investments. Previously, Mr. Ryan served as Vice President of Fund Reporting in Fidelity Pricing and Cash Management Services (FPCMS) (1999-2005).
Jonathan Davis (1968)
	Year of Election or Appointment: 2010 Assistant Treasurer of the Fidelity funds. Mr. Davis is also Assistant Treasurer of Fidelity Rutland Square Trust II and Fidelity Commonwealth Trust II. Mr. Davis is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (2003-2010).

Annual Report

Distributions (Unaudited)

	Pay Date	Record Date	Dividends	Capital Gains
Spartan Total Market Index Fund
Investor Class	4/15/13	4/12/13	$0.12500	$0.000
Fidelity Advantage Class	4/15/13	4/12/13	$0.13089	$0.000
Spartan Extended Market Index Fund
Investor Class	4/15/13	4/12/13	$0.06300	$0.242
Fidelity Advantage Class	4/15/13	4/12/13	$0.06730	$0.242
Spartan International Index Fund
Investor Class	4/15/13	4/12/13	$0.00000	$0.000
Fidelity Advantage Class	4/15/13	4/12/13	$0.00000	$0.000

Spartan Extended Market Index Fund

$179,343,233

A percentage of the dividends distributed during the fiscal year for the following funds qualify for the dividends-received deduction for corporate shareholders:

	April 2012	December 2012
Spartan Total Market Index Fund
Investor Class	100%	97%
Fidelity Advantage Class	99%	96%
Spartan Extended Market Index Fund
Investor Class	38%	69%
Fidelity Advantage Class	36%	68%

	April 2012	December 2012
Spartan Total Market Index Fund
Investor Class	100%	100%
Fidelity Advantage Class	100%	99%
Spartan Extended Market Index Fund
Investor Class	45%	75%
Fidelity Advantage Class	42%	74%
Spartan International Index Fund
Investor Class	-	90%
Fidelity Advantage Class	-	86%

The amounts per share which represent income derived from sources within, and taxes paid to, foreign countries or possessions of the United States are as follows:

	Pay Date	Income	Taxes
Spartan International Index Fund
Investor Class	12/17/12	$1.082	$0.0715
Fidelity Advantage Class	12/17/12	$1.109	$0.0715

The funds will notify shareholders in January 2014 of amounts for use in preparing 2013 income tax returns.

Annual Report

Investment Adviser

Fidelity Management & Research Company
Boston, MA

Investment Sub-Advisers

FMR Co., Inc.

Geode Capital Management, LLC

General Distributor

Fidelity Distributors Corporation
Smithfield, RI

Transfer and Service Agents

Fidelity Investments Institutional Operations Company, Inc.
Boston, MA

Fidelity Service Company, Inc.
Boston, MA

Custodian

The Bank of New York Mellon
New York, NY

The Fidelity Telephone Connection

Mutual Fund 24-Hour Service

Exchanges/Redemptions
and Account Assistance 1-800-544-6666

Product Information 1-800-544-6666

Retirement Accounts 1-800-544-4774
(8 a.m. - 9 p.m.)

TDD Service 1-800-544-0118
for the deaf and hearing impaired
(9 a.m. - 9 p.m. Eastern time)

Fidelity Automated Service
Telephone (FAST®) pmq501
1-800-544-5555

Automated line for quickest service

pmq504

SIF-UANNPRO-0413
1.790918.109

Item 2. Code of Ethics

As of the end of the period, February 28, 2013, Fidelity Concord Street Trust (the trust) has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its President and Treasurer and its Chief Financial Officer. A copy of the code of ethics is filed as an exhibit to this Form N-CSR.

Item 3. Audit Committee Financial Expert

The Board of Trustees of the trust has determined that Joseph Mauriello is an audit committee financial expert, as defined in Item 3 of Form N-CSR. Mr. Mauriello is independent for purposes of Item 3 of Form N-CSR.

Item 4. Principal Accountant Fees and Services

Fees and Services

The following table presents fees billed by PricewaterhouseCoopers LLP ("PwC") in each of the last two fiscal years for services rendered to Spartan Extended Market Index Fund, Spartan International Index Fund, Spartan Total Market Index Fund and Spartan 500 Index Fund (the "Funds"):

Services Billed by PwC

February 28, 2013 Fees^A

	Audit Fees	Audit-Related Fees	Tax Fees	All Other Fees
Spartan Extended Market Index Fund	$78,000	$-	$4,400	$4,200
Spartan International Index Fund	$89,000	$-	$51,400	$5,000
Spartan Total Market Index Fund	$96,000	$-	$6,400	$6,900
Spartan 500 Index Fund	$130,000	$-	$4,400	$18,300

February 29, 2012 Fees^A

	Audit Fees	Audit-Related Fees	Tax Fees	All Other Fees
Spartan Extended Market Index Fund	$77,000	$-	$4,300	$4,000
Spartan International Index Fund	$81,000	$-	$36,000	$5,200
Spartan Total Market Index Fund	$88,000	$-	$6,400	$6,300
Spartan 500 Index Fund	$111,000	$-	$4,300	$15,500

^AAmounts may reflect rounding.

The following table presents fees billed by PwC that were required to be approved by the Audit Committee for services that relate directly to the operations and financial reporting of the Funds and that are rendered on behalf of Fidelity Management & Research Company ("FMR") and entities controlling, controlled by, or under common control with FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser) that provide ongoing services to the Funds ("Fund Service Providers"):

Services Billed by PwC

	February 28, 2013^A	February 29, 2012^A
Audit-Related Fees	$4,755,000	$3,795,000
Tax Fees	$-	$-
All Other Fees	$-	$-

^A Amounts may reflect rounding.

"Audit-Related Fees" represent fees billed for assurance and related services that are reasonably related to the performance of the fund audit or the review of the fund's financial statements and that are not reported under Audit Fees.

"Tax Fees" represent fees billed for tax compliance, tax advice or tax planning that relate directly to the operations and financial reporting of the fund.

"All Other Fees" represent fees billed for services provided to the fund or Fund Service Provider, a significant portion of which are assurance related, that relate directly to the operations and financial reporting of the fund, excluding those services that are reported under Audit Fees, Audit-Related Fees or Tax Fees.

Assurance services must be performed by an independent public accountant.

* * *

The aggregate non-audit fees billed by PwC for services rendered to the Funds, FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any Fund Service Provider for each of the last two fiscal years of the Funds are as follows:

Billed By	February 28, 2013^A	February 29, 2012^A
PwC	$5,505,000	$5,200,000

^A Amounts may reflect rounding.

The trust's Audit Committee has considered non-audit services that were not pre-approved that were provided by PwC to Fund Service Providers to be compatible with maintaining the independence of PwC in its audit of the Funds, taking into account representations from PwC, in accordance with Public Company Accounting Oversight Board rules, regarding its independence from the Funds and their related entities and FMR's review of the appropriateness and permissibility under applicable law of such non-audit services prior to their provision to the Fund Service Providers.

Audit Committee Pre-Approval Policies and Procedures

The trust's Audit Committee must pre-approve all audit and non-audit services provided by a fund's independent registered public accounting firm relating to the operations or financial reporting of the fund. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.

The Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee's consideration of non-audit services by the audit firms that audit the Fidelity funds. The policies and procedures require that any non-audit service provided by a fund audit firm to a Fidelity fund and any non-audit service provided by a fund auditor to a Fund Service Provider that relates directly to the operations and financial reporting of a Fidelity fund ("Covered Service") are subject to approval by the Audit Committee before such service is provided.

All Covered Services must be approved in advance of provision of the service either: (i) by formal resolution of the Audit Committee, or (ii) by oral or written approval of the service by the Chair of the Audit Committee (or if the Chair is unavailable, such other member of the Audit Committee as may be designated by the Chair to act in the Chair's absence). The approval contemplated by (ii) above is permitted where the Treasurer determines that action on such an engagement is necessary before the next meeting of the Audit Committee.

Non-audit services provided by a fund audit firm to a Fund Service Provider that do not relate directly to the operations and financial reporting of a Fidelity fund are reported to the Audit Committee on a periodic basis.

Non-Audit Services Approved Pursuant to Rule 2-01(c)(7)(i)(C) and (ii) of Regulation S-X ("De Minimis Exception")

There were no non-audit services approved or required to be approved by the Audit Committee pursuant to the De Minimis Exception during the Funds' last two fiscal years relating to services provided to (i) the Funds or (ii) any Fund Service Provider that relate directly to the operations and financial reporting of the Funds.

Item 5. Audit Committee of Listed Registrants

Not applicable.

Item 6. Investments

(a) Not applicable.

(b) Not applicable

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies

Not applicable.

Item 9. Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders

There were no material changes to the procedures by which shareholders may recommend nominees to the trust's Board of Trustees.

Item 11. Controls and Procedures

(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the trust's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.

(a)(ii) There was no change in the trust's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the trust's internal control over financial reporting.

Item 12. Exhibits

(a)	(1)	Code of Ethics pursuant to Item 2 of Form N-CSR is filed and attached hereto as EX-99.CODE ETH.
(a)	(2)	Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.
(a)	(3)	Not applicable.
(b)		Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Fidelity Concord Street Trust

By:	/s/Kenneth B. Robins
	Kenneth B. Robins
	President and Treasurer

Date:	April 25, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/Kenneth B. Robins
	Kenneth B. Robins
	President and Treasurer

Date:	April 25, 2013

By:	/s/Christine Reynolds
	Christine Reynolds
	Chief Financial Officer

Date:	April 25, 2013

Contents

Performance: The Bottom Line

Management's Discussion of Fund Performance

Shareholder Expense Example

Investment Changes (Unaudited)

Investments February 28, 2013

Statement of Assets and Liabilities

Statement of Assets and Liabilities - continued

Statement of Operations

Statement of Changes in Net Assets

Financial Highlights - Investor Class

Financial Highlights - Fidelity Advantage Class

Financial Highlights - Institutional Class

Financial Highlights - Fidelity Advantage Institutional Class

Notes to Financial Statements

Report of Independent Registered Public Accounting Firm

Trustees and Officers

Contents

Performance: The Bottom Line

Management's Discussion of Fund Performance

Shareholder Expense Example

Investment Changes (Unaudited)

Investments February 28, 2013

Statement of Assets and Liabilities

Statement of Assets and Liabilities - continued

Statement of Operations

Statement of Changes in Net Assets

Financial Highlights - Investor Class

Financial Highlights - Fidelity Advantage Class

Financial Highlights - Institutional Class

Financial Highlights - Fidelity Advantage Institutional Class

Notes to Financial Statements

Report of Independent Registered Public Accounting Firm

Trustees and Officers

Contents

Performance: The Bottom Line

Management's Discussion of Fund Performance

Shareholder Expense Example

Investment Changes (Unaudited)

Investments February 28, 2013

Statement of Assets and Liabilities

Statement of Assets and Liabilities - continued

Statement of Operations

Statement of Changes in Net Assets

Financial Highlights - Investor Class

Financial Highlights - Fidelity Advantage Class

Financial Highlights - Institutional Class

Financial Highlights - Fidelity Advantage Institutional Class

Financial Highlights - Class F

Notes to Financial Statements

Report of Independent Registered Public Accounting Firm

Trustees and Officers

Contents

Shareholder Expense Example

Performance: The Bottom Line

Management's Discussion of Fund Performance

Investment Changes (Unaudited)

Investments February 28, 2013

Statement of Assets and Liabilities

Statement of Assets and Liabilities - continued

Statement of Operations

Statement of Changes in Net Assets

Financial Highlights - Investor Class

Financial Highlights - Fidelity Advantage Class

Financial Highlights - Institutional Class

Financial Highlights - Fidelity Advantage Institutional Class

Financial Highlights - Class F

Notes to Financial Statements

Shareholder Expense Example

Performance: The Bottom Line

Management's Discussion of Fund Performance

Investment Changes (Unaudited)

Investments February 28, 2013

Statement of Assets and Liabilities

Statement of Assets and Liabilities - continued

Statement of Operations

Statement of Changes in Net Assets

Financial Highlights - Investor Class

Financial Highlights - Fidelity Advantage Class

Financial Highlights - Fidelity Advantage Institutional Class