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

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-5251

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

82 Devonshire St., Boston, Massachusetts 02109
(Address of principal executive offices) (Zip code)

Eric D. Roiter, Secretary

82 Devonshire St.

Boston, Massachusetts 02109
(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:	November 30, 2005

Item 1. Schedule of Investments

Quarterly Holdings Report

for

Fidelity ® U.S. Bond Index

November 30, 2005

UBI-QTLY-0106

1.810715.101

Investments November 30, 2005 (Unaudited)

Showing Percentage of Net Assets

Nonconvertible Bonds - 19.6%
	Principal Amount (000s)		Value (000s)
CONSUMER DISCRETIONARY - 1.7%
Automobiles - 0.5%
Ford Motor Co.:
6.625% 10/1/28	$2,235		$1,486
7.45% 7/16/31	19,370		13,656
General Motors Corp. 8.375% 7/15/33	19,905		13,436
			28,578
Media - 0.9%
AOL Time Warner, Inc.:
6.875% 5/1/12	5,975		6,417
7.625% 4/15/31	3,250		3,687
Cox Communications, Inc.:
4.625% 1/15/10	6,310		6,095
4.625% 6/1/13	2,400		2,226
7.125% 10/1/12	1,305		1,388
Liberty Media Corp. 8.25% 2/1/30	6,620		6,287
News America Holdings, Inc. 7.75% 12/1/45	3,160		3,630
News America, Inc. 6.2% 12/15/34	6,115		6,018
Time Warner Entertainment Co. LP 8.375% 7/15/33	10,000		12,062
Time Warner, Inc. 6.625% 5/15/29	3,050		3,102
			50,912
Multiline Retail - 0.3%
Target Corp. 3.375% 3/1/08	11,500		11,159
The May Department Stores Co. 6.7% 7/15/34	9,295		9,621
			20,780
TOTAL CONSUMER DISCRETIONARY			100,270
CONSUMER STAPLES - 0.7%
Beverages - 0.4%
FBG Finance Ltd. 5.125% 6/15/15 (a)	13,465		13,048
Molson Coors Capital Finance ULC 4.85% 9/22/10 (a)	11,660		11,478
			24,526
Food Products - 0.1%
H.J. Heinz Co. 6.428% 12/1/08 (a)(d)	6,550		6,819
Nonconvertible Bonds - continued
	Principal Amount (000s)		Value (000s)
CONSUMER STAPLES - continued
Tobacco - 0.2%
Altria Group, Inc. 7% 11/4/13	$2,765		$2,995
Philip Morris Companies, Inc. 7.65% 7/1/08	4,600		4,878
			7,873
TOTAL CONSUMER STAPLES			39,218
ENERGY - 2.2%
Energy Equipment & Services - 0.5%
Diamond Offshore Drilling, Inc. 4.875% 7/1/15	18,590		17,934
Petronas Capital Ltd. 7% 5/22/12 (a)	7,900		8,673
			26,607
Oil, Gas & Consumable Fuels - 1.7%
Amerada Hess Corp.:
6.65% 8/15/11	2,060		2,211
7.125% 3/15/33	1,435		1,610
Canadian Oil Sands Ltd. 4.8% 8/10/09 (a)	7,350		7,217
Duke Capital LLC:
4.37% 3/1/09	3,980		3,875
6.25% 2/15/13	1,630		1,685
6.75% 2/15/32	13,235		14,042
Empresa Nacional de Petroleo 6.75% 11/15/12 (a)	4,920		5,268
Energy Transfer Partners LP 5.65% 8/1/12 (a)	8,225		8,036
Enterprise Products Operating LP 5.75% 3/1/35	4,100		3,704
Kinder Morgan Energy Partners LP:
5.125% 11/15/14	2,200		2,136
5.8% 3/15/35	4,260		3,976
Nexen, Inc. 5.875% 3/10/35	9,180		8,848
Pemex Project Funding Master Trust:
6.125% 8/15/08	7,500		7,650
6.625% 6/15/35 (a)	11,715		11,481
7.375% 12/15/14	5,000		5,515
7.875% 2/1/09 (d)	5,370		5,746
Talisman Energy, Inc. 5.125% 5/15/15	7,950		7,779
			100,779
TOTAL ENERGY			127,386
Nonconvertible Bonds - continued
	Principal Amount (000s)		Value (000s)
FINANCIALS - 8.7%
Capital Markets - 1.8%
Ameriprise Financial, Inc. 5.35% 11/15/10	$7,995		$8,023
Bank of New York Co., Inc. 3.4% 3/15/13 (d)	10,000		9,645
Bear Stearns Companies, Inc. 4.55% 6/23/10	7,290		7,125
Goldman Sachs Group, Inc. 5.25% 10/15/13	12,685		12,604
JPMorgan Chase Capital XV 5.875% 3/15/35	15,000		14,359
Lazard Group LLC 7.125% 5/15/15	9,680		9,927
Legg Mason, Inc. 6.75% 7/2/08	3,085		3,217
Lehman Brothers Holdings E-Capital Trust I 5.15% 8/19/65 (a)(d)	7,710		7,729
Merrill Lynch & Co., Inc. 4.25% 2/8/10	12,475		12,096
Morgan Stanley 6.6% 4/1/12	10,000		10,689
NationsBank Corp. 6.375% 2/15/08	4,750		4,895
State Street Corp. 7.65% 6/15/10	5,000		5,580
			105,889
Commercial Banks - 0.9%
BB&T Capital Trust I 5.85% 8/18/35	7,190		7,000
Corporacion Andina de Fomento 5.2% 5/21/13	3,655		3,618
FleetBoston Financial Corp. 3.85% 2/15/08	7,300		7,151
Korea Development Bank 3.875% 3/2/09	2,775		2,675
PNC Funding Corp. 7.5% 11/1/09	7,000		7,602
SouthTrust Corp. 5.8% 6/15/14	4,410		4,561
UnionBanCal Corp. 5.25% 12/16/13	5,420		5,367
Wachovia Bank NA 4.875% 2/1/15	4,260		4,123
Wachovia Corp. 5.5% 8/1/35	13,210		12,526
			54,623
Consumer Finance - 0.8%
Capital One Bank 6.5% 6/13/13	7,500		7,889
Ford Motor Credit Co. 7.375% 2/1/11	7,000		6,360
Household Finance Corp. 4.125% 11/16/09	15,135		14,620
Household International, Inc. 5.836% 2/15/08	9,175		9,300
MBNA America Bank NA 7.125% 11/15/12	3,975		4,419
MBNA Corp. 7.5% 3/15/12	5,960		6,687
			49,275
Diversified Financial Services - 1.0%
CC Funding Trust I 6.9% 2/16/07	8,510		8,685
HSBC Finance Capital Trust IX 5.911% 11/30/35 (d)	10,000		10,012
International Lease Finance Corp. 4.375% 11/1/09	7,500		7,274
JPMorgan Chase & Co.:
5.75% 1/2/13	4,500		4,612
Nonconvertible Bonds - continued
	Principal Amount (000s)		Value (000s)
FINANCIALS - continued
Diversified Financial Services - continued
JPMorgan Chase & Co.: - continued
6.75% 2/1/11	$16,925		$18,119
Prime Property Funding, Inc. 5.125% 6/1/15 (a)	7,655		7,347
			56,049
Insurance - 1.2%
Aegon NV 4.75% 6/1/13	9,375		9,077
Axis Capital Holdings Ltd. 5.75% 12/1/14	4,890		4,857
Marsh & McLennan Companies, Inc. 5.75% 9/15/15	5,655		5,654
MetLife, Inc. 6.125% 12/1/11	10,000		10,544
Principal Life Global Funding I 6.25% 2/15/12 (a)	2,600		2,758
Prudential Financial, Inc. 4.104% 11/15/06	5,310		5,272
QBE Insurance Group Ltd. 5.647% 7/1/23 (a)(d)	10,021		9,899
The St. Paul Travelers Companies, Inc. 5.5% 12/1/15	14,120		14,112
Willis Group North America, Inc. 5.625% 7/15/15	5,490		5,427
			67,600
Real Estate - 2.5%
Archstone Smith Operating Trust 5.25% 5/1/15	11,720		11,452
Arden Realty LP:
5.2% 9/1/11	4,080		4,000
7% 11/15/07	5,105		5,285
AvalonBay Communities, Inc. 5% 8/1/07	4,620		4,619
Boston Properties, Inc. 6.25% 1/15/13	6,535		6,818
Brandywine Operating Partnership LP 4.5% 11/1/09	4,465		4,308
Camden Property Trust:
5% 6/15/15	11,400		10,827
5.875% 11/30/12	5,960		6,040
CarrAmerica Realty Corp.:
3.625% 4/1/09	6,020		5,738
5.25% 11/30/07	8,635		8,620
CenterPoint Properties Trust 5.25% 7/15/11	4,500		4,450
Colonial Properties Trust 4.75% 2/1/10	11,935		11,569
Developers Diversified Realty Corp.:
4.625% 8/1/10	8,265		7,972
5.25% 4/15/11	3,175		3,130
EOP Operating LP:
4.65% 10/1/10	11,500		11,112
4.75% 3/15/14	2,465		2,317
7% 7/15/11	5,000		5,335
Liberty Property LP 5.125% 3/2/15	3,055		2,931
Nonconvertible Bonds - continued
	Principal Amount (000s)		Value (000s)
FINANCIALS - continued
Real Estate - continued
Regency Centers LP:
4.95% 4/15/14	$5,000		$4,796
5.25% 8/1/15	6,230		6,055
Simon Property Group LP:
5.1% 6/15/15	7,290		6,988
5.625% 8/15/14	9,475		9,465
			143,827
Thrifts & Mortgage Finance - 0.5%
Countrywide Home Loans, Inc. 4% 3/22/11	5,165		4,856
Independence Community Bank Corp. 3.75% 4/1/14 (d)	8,480		8,097
Residential Capital Corp. 6.375% 6/30/10	9,845		9,924
Washington Mutual, Inc. 4.625% 4/1/14	5,000		4,664
			27,541
TOTAL FINANCIALS			504,804
INDUSTRIALS - 1.2%
Aerospace & Defense - 0.4%
BAE Systems Holdings, Inc. 4.75% 8/15/10 (a)	8,070		7,900
Bombardier, Inc.:
6.3% 5/1/14 (a)	7,655		6,622
7.45% 5/1/34 (a)	2,620		2,188
Northrop Grumman Corp. 4.079% 11/16/06	6,000		5,951
			22,661
Airlines - 0.6%
American Airlines, Inc. pass thru trust certificates:
6.855% 10/15/10	887		897
6.978% 10/1/12	1,274		1,291
7.024% 4/15/11	4,945		5,053
7.858% 4/1/13	7,750		8,072
Continental Airlines, Inc. pass thru trust certificates:
6.648% 3/15/19	5,219		5,080
6.9% 7/2/19	3,372		3,330
7.056% 3/15/11	2,385		2,415
Delta Air Lines, Inc. pass thru trust certificates 7.57% 11/18/10	9,120		8,928
			35,066
Nonconvertible Bonds - continued
	Principal Amount (000s)		Value (000s)
INDUSTRIALS - continued
Industrial Conglomerates - 0.1%
Hutchison Whampoa International 03/13 Ltd. 6.5% 2/13/13 (a)	$2,545		$2,681
Hutchison Whampoa International 03/33 Ltd. 7.45% 11/24/33 (a)	5,210		5,901
			8,582
Road & Rail - 0.1%
Wisconsin Central Transportation Corp. 6.625% 4/15/08	3,150		3,269
TOTAL INDUSTRIALS			69,578
INFORMATION TECHNOLOGY - 0.3%
Semiconductors & Semiconductor Equipment - 0.3%
Chartered Semiconductor Manufacturing Ltd.:
5.75% 8/3/10	10,010		9,918
6.375% 8/3/15	7,595		7,485
			17,403
MATERIALS - 0.4%
Metals & Mining - 0.4%
Corporacion Nacional del Cobre (Codelco) 6.375% 11/30/12 (a)	3,200		3,418
Newmont Mining Corp. 5.875% 4/1/35	15,000		14,435
Teck Cominco Ltd. 5.375% 10/1/15	4,800		4,688
			22,541
Paper & Forest Products - 0.0%
International Paper Co. 5.85% 10/30/12	5,000		5,040
TOTAL MATERIALS			27,581
TELECOMMUNICATION SERVICES - 2.2%
Diversified Telecommunication Services - 2.1%
Ameritech Capital Funding Corp. 6.25% 5/18/09	3,985		4,107
AT&T Broadband Corp. 8.375% 3/15/13	4,529		5,228
BellSouth Capital Funding Corp. 7.875% 2/15/30	21,980		26,240
British Telecommunications PLC 8.875% 12/15/30	9,025		11,916
SBC Communications, Inc.:
6.15% 9/15/34	7,545		7,442
6.45% 6/15/34	9,520		9,731
Nonconvertible Bonds - continued
	Principal Amount (000s)		Value (000s)
TELECOMMUNICATION SERVICES - continued
Diversified Telecommunication Services - continued
Sprint Capital Corp.:
6.875% 11/15/28	$9,365		$10,059
8.375% 3/15/12	2,270		2,627
Telecom Italia Capital:
4.95% 9/30/14	1,930		1,840
5.25% 11/15/13	12,200		11,953
Verizon Global Funding Corp.:
5.85% 9/15/35	11,845		11,219
7.75% 12/1/30	13,450		15,752
Verizon New York, Inc. 6.875% 4/1/12	2,146		2,229
			120,343
Wireless Telecommunication Services - 0.1%
America Movil SA de CV 4.125% 3/1/09	3,455		3,347
AT&T Wireless Services, Inc. 7.875% 3/1/11	2,555		2,861
			6,208
TOTAL TELECOMMUNICATION SERVICES			126,551
UTILITIES - 2.2%
Electric Utilities - 1.3%
Cleveland Electric Illuminating Co. 5.65% 12/15/13	14,390		14,577
Exelon Corp.:
4.9% 6/15/15	11,750		11,134
5.625% 6/15/35	2,550		2,345
Exelon Generation Co. LLC 5.35% 1/15/14	10,000		9,916
FirstEnergy Corp. 6.45% 11/15/11	3,535		3,716
Monongahela Power Co. 5% 10/1/06	4,845		4,844
Progress Energy, Inc. 7.1% 3/1/11	15,880		17,069
TXU Energy Co. LLC 7% 3/15/13	10,135		10,726
			74,327
Independent Power Producers & Energy Traders - 0.3%
Constellation Energy Group, Inc. 7% 4/1/12	14,540		15,708
Multi-Utilities - 0.6%
Dominion Resources, Inc.:
4.75% 12/15/10	8,145		7,933
5.95% 6/15/35	10,135		9,725
6.25% 6/30/12	5,795		6,055
Nonconvertible Bonds - continued
	Principal Amount (000s)		Value (000s)
UTILITIES - continued
Multi-Utilities - continued
MidAmerican Energy Holdings, Inc. 5.875% 10/1/12	$8,975		$9,216
Sempra Energy 7.95% 3/1/10	3,335		3,660
			36,589
TOTAL UTILITIES			126,624
TOTAL NONCONVERTIBLE BONDS (Cost $1,159,367)		1,139,415
U.S. Government and Government Agency Obligations - 36.5%
U.S. Government Agency Obligations - 7.8%
Fannie Mae:
2.5% 6/15/06	2,200		2,176
3.25% 1/15/08	69,435		67,411
3.25% 8/15/08	48,570		46,810
3.25% 2/15/09	146,470		140,362
3.375% 12/15/08	16,550		15,953
4.625% 5/1/13	48,000		46,389
5.25% 8/1/12	27,000		27,209
5.5% 3/15/11	27,865		28,727
6.25% 2/1/11	3,770		3,972
Freddie Mac:
4% 6/12/13	20,038		18,838
5.75% 1/15/12	25,000		26,175
5.875% 3/21/11	11,960		12,435
6.75% 3/15/31	4,035		4,947
Government Loan Trusts (assets of Trust guaranteed by U.S. Government through Agency for International Development) Series 1-B, 8.5% 4/1/06	247		252
U.S. Department of Housing and Urban Development Government guaranteed participation certificates Series 1999-A:
5.75% 8/1/06	7,500		7,559
5.96% 8/1/09	3,600		3,671
TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS			452,886
U.S. Treasury Inflation Protected Obligations - 3.7%
U.S. Treasury Inflation-Indexed Bonds 2.375% 1/15/25	25,354		26,139
U.S. Government and Government Agency Obligations - continued
	Principal Amount (000s)		Value (000s)
U.S. Treasury Inflation Protected Obligations - continued
U.S. Treasury Inflation-Indexed Notes:
0.875% 4/15/10	$26,224		$24,925
2% 1/15/14 (c)	166,698		165,135
TOTAL U.S. TREASURY INFLATION PROTECTED OBLIGATIONS			216,199
U.S. Treasury Obligations - 25.0%
U.S. Treasury Bonds:
6.25% 5/15/30	116,590		141,224
8% 11/15/21	44,717		60,558
U.S. Treasury Notes:
3.125% 4/15/09	207,300		198,968
3.375% 10/15/09	265,570		255,746
3.625% 4/30/07	376,273		372,128
3.875% 7/31/07	190,051		188,403
4.25% 8/15/13	116,885		114,894
4.75% 5/15/14	117,440		119,234
TOTAL U.S. TREASURY OBLIGATIONS			1,451,155
TOTAL U.S. GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS (Cost $2,146,701)		2,120,240
U.S. Government Agency - Mortgage Securities - 30.9%
Fannie Mae - 26.6%
3.477% 4/1/34 (d)	1,934		1,927
3.739% 1/1/35 (d)	1,255		1,239
3.752% 10/1/33 (d)	850		831
3.766% 12/1/34 (d)	981		968
3.788% 12/1/34 (d)	214		212
3.793% 6/1/34 (d)	3,732		3,603
3.819% 6/1/33 (d)	628		617
3.824% 1/1/35 (d)	818		809
3.847% 1/1/35 (d)	2,352		2,327
3.869% 1/1/35 (d)	1,403		1,398
3.889% 12/1/34 (d)	760		758
3.907% 10/1/34 (d)	1,004		994
3.952% 5/1/34 (d)	312		317
3.963% 1/1/35 (d)	1,048		1,038
3.968% 5/1/33 (d)	299		295
U.S. Government Agency - Mortgage Securities - continued
	Principal Amount (000s)		Value (000s)
Fannie Mae - continued
3.983% 12/1/34 (d)	$5,417		$5,401
3.984% 12/1/34 (d)	1,043		1,036
3.993% 1/1/35 (d)	623		617
3.996% 12/1/34 (d)	796		791
4% 8/1/18 to 5/1/19	34,046		32,346
4% 12/1/20 (b)	59,786		56,685
4.01% 2/1/35 (d)	761		752
4.021% 12/1/34 (d)	507		503
4.028% 2/1/35 (d)	710		701
4.037% 1/1/35 (d)	365		362
4.044% 10/1/18 (d)	821		806
4.06% 1/1/35 (d)	705		696
4.064% 4/1/33 (d)	298		296
4.064% 12/1/34 (d)	1,489		1,480
4.087% 1/1/35 (d)	1,473		1,460
4.094% 2/1/35 (d)	544		539
4.098% 2/1/35 (d)	1,364		1,350
4.103% 2/1/35 (d)	537		533
4.109% 2/1/35 (d)	2,740		2,716
4.111% 1/1/35 (d)	1,497		1,480
4.124% 1/1/35 (d)	2,665		2,638
4.126% 11/1/34 (d)	1,230		1,221
4.129% 1/1/35 (d)	1,464		1,462
4.129% 2/1/35 (d)	1,660		1,658
4.144% 1/1/35 (d)	2,214		2,207
4.159% 2/1/35 (d)	1,430		1,418
4.168% 1/1/35 (d)	1,245		1,234
4.174% 1/1/35 (d)	2,838		2,816
4.182% 11/1/34 (d)	390		387
4.187% 1/1/35 (d)	1,746		1,717
4.204% 3/1/34 (d)	769		759
4.214% 10/1/34 (d)	2,094		2,084
4.25% 2/1/35 (d)	876		860
4.282% 2/1/35 (d)	522		517
4.287% 8/1/33 (d)	1,744		1,732
4.293% 7/1/34 (d)	690		693
4.298% 3/1/35 (d)	838		835
4.305% 5/1/35 (d)	1,218		1,204
4.307% 1/1/35 (d)	840		828
4.313% 3/1/33 (d)	434		426
4.318% 1/1/35 (d)	1,002		1,002
U.S. Government Agency - Mortgage Securities - continued
	Principal Amount (000s)		Value (000s)
Fannie Mae - continued
4.328% 12/1/34 (d)	$554		$552
4.348% 1/1/35 (d)	876		862
4.365% 4/1/35 (d)	563		556
4.367% 2/1/34 (d)	2,045		2,019
4.403% 2/1/35 (d)	1,336		1,315
4.41% 5/1/35 (d)	2,577		2,569
4.444% 4/1/34 (d)	1,382		1,374
4.445% 10/1/34 (d)	4,427		4,423
4.449% 3/1/35 (d)	1,206		1,190
4.48% 8/1/34 (d)	2,683		2,655
4.481% 1/1/35 (d)	1,354		1,353
4.496% 3/1/35 (d)	2,690		2,673
4.5% 6/1/18 to 4/1/35 (b)	216,871		205,749
4.5% 12/1/20 (b)	120,000		115,988
4.501% 5/1/35 (d)	849		838
4.521% 3/1/35 (d)	2,472		2,441
4.523% 8/1/34 (d)	1,542		1,546
4.545% 7/1/35 (d)	3,189		3,167
4.548% 2/1/35 (d)	5,679		5,676
4.56% 2/1/35 (d)	930		920
4.585% 2/1/35 (d)	8,005		7,909
4.589% 2/1/35 (d)	582		584
4.608% 2/1/35 (d)	2,615		2,588
4.648% 11/1/34 (d)	2,853		2,835
4.674% 11/1/34 (d)	3,001		2,979
4.702% 3/1/35 (d)	7,354		7,362
4.725% 3/1/35 (d)	1,386		1,374
4.732% 7/1/34 (d)	2,479		2,488
4.811% 12/1/34 (d)	2,457		2,449
4.819% 12/1/32 (d)	1,242		1,241
4.842% 12/1/34 (d)	1,000		997
5% 1/1/17 to 8/1/35	239,034		232,167
5% 12/1/20 (b)	21,813		21,486
5% 12/1/35 (b)	3,356		3,228
5% 12/1/35 (b)	91,518		88,028
5.112% 5/1/35 (d)	6,138		6,162
5.2% 6/1/35 (d)	4,531		4,561
5.5% 1/1/09 to 10/1/35	323,905		321,038
5.5% 12/1/35 (b)	124,849		122,937
6% 8/1/13 to 3/1/33	90,452		91,580
6% 12/1/35 (b)	23,696		23,837
U.S. Government Agency - Mortgage Securities - continued
	Principal Amount (000s)		Value (000s)
Fannie Mae - continued
6.5% 4/1/13 to 3/1/35	$72,303		$74,266
6.5% 12/1/35 (b)	57		59
7% 3/1/15 to 2/1/29	2,090		2,184
7.5% 1/1/08 to 2/1/32	7,680		8,065
8% 11/1/08 to 6/1/30	157		167
8.5% 6/1/17 to 8/1/23	295		319
9.5% 12/1/09 to 9/1/21	300		319
10.75% 9/1/10 to 5/1/14	42		45
11.25% 5/1/14	3		3
11.5% 8/1/14	11		12
13.5% 11/1/14	10		11
14% 3/1/12	25		28
TOTAL FANNIE MAE			1,546,755
Freddie Mac - 3.2%
4% 5/1/19 to 5/1/20	18,388		17,441
4.056% 12/1/34 (d)	917		906
4.11% 12/1/34 (d)	1,352		1,331
4.187% 1/1/35 (d)	1,300		1,282
4.274% 3/1/35 (d)	1,241		1,229
4.299% 5/1/35 (d)	2,107		2,087
4.307% 12/1/34 (d)	1,261		1,241
4.331% 1/1/35 (d)	2,895		2,860
4.363% 3/1/35 (d)	1,806		1,767
4.387% 2/1/35 (d)	2,599		2,577
4.39% 2/1/35 (d)	2,413		2,361
4.444% 3/1/35 (d)	1,166		1,142
4.448% 2/1/34 (d)	1,292		1,275
4.474% 6/1/35 (d)	1,800		1,778
4.489% 3/1/35 (d)	1,341		1,315
4.491% 3/1/35 (d)	8,454		8,330
4.5% 5/1/19	2,558		2,478
4.559% 2/1/35 (d)	1,881		1,858
5.023% 4/1/35 (d)	6,844		6,832
5.292% 8/1/33 (d)	519		526
5.5% 12/1/17 to 4/1/25	54,123		53,863
6% 4/1/28 to 1/1/34	54,785		55,277
6.5% 8/1/32	4,984		5,108
7% 4/1/32	6,345		6,612
7.5% 9/1/15 to 6/1/32	1,442		1,517
U.S. Government Agency - Mortgage Securities - continued
	Principal Amount (000s)		Value (000s)
Freddie Mac - continued
8% 7/1/16 to 4/1/32	$1,147		$1,222
8.5% 9/1/19 to 1/1/28	228		247
9% 10/1/16	33		35
9.5% 10/1/08 to 8/1/30	178		192
10.5% 5/1/09 to 12/1/15	20		22
11% 8/1/15 to 9/1/20	258		287
11.5% 10/1/15	7		8
11.75% 9/1/13	18		19
12% 2/1/13 to 7/1/15	13		14
13.5% 12/1/14	38		43
TOTAL FREDDIE MAC			185,082
Government National Mortgage Association - 1.1%
6% 12/15/08 to 12/20/33	21,049		21,313
6.5% 6/15/23 to 7/15/34	13,899		14,449
7% 12/15/22 to 10/15/32	17,190		18,058
7.5% 2/15/17 to 1/15/32	5,413		5,729
8% 7/15/18 to 6/15/28	1,660		1,775
8.5% 8/15/29 to 7/15/30	302		326
9.5% 3/15/23	13		14
10.5% 5/20/16 to 1/20/18	269		299
TOTAL GOVERNMENT NATIONAL MORTGAGE ASSOCIATION			61,963
TOTAL U.S. GOVERNMENT AGENCY - MORTGAGE SECURITIES (Cost $1,821,543)		1,793,800
Asset-Backed Securities - 2.5%
ACE Securities Corp. Series 2005-SD1 Class A1, 4.5913% 11/25/50 (d)	1,914		1,916
AmeriCredit Automobile Receivables Trust Series 2003-BX Class A4B, 4.47% 1/6/10 (d)	3,405		3,413
Amortizing Residential Collateral Trust Series 2002-BC1 Class M2, 5.2913% 1/25/32 (d)	589		591
Capital Auto Receivables Asset Trust Series 2002-5 Class B, 2.8% 4/15/08	1,377		1,362
Capital One Multi-Asset Execution Trust:
Series 2003-B2 Class B2, 3.5% 2/17/09	6,645		6,612
Series 2003-B4 Class B4, 4.92% 7/15/11 (d)	5,910		5,997
Series 2004-6 Class B, 4.15% 7/16/12	7,720		7,489
Asset-Backed Securities - continued
	Principal Amount (000s)		Value (000s)
Cendant Timeshare Receivables Funding LLC Series 2005-1A Class A1, 4.67% 5/20/17 (a)	$4,359		$4,319
Citibank Credit Card Issuance Trust Series 2002-C1 Class C1, 5.2806% 2/9/09 (d)	12,000		12,110
Countrywide Home Loans, Inc. Series 2005-1:
Class MV1, 4.5913% 7/25/35 (d)	2,810		2,809
Class MV2, 4.6313% 7/25/35 (d)	3,375		3,375
Discover Card Master Trust I Series 2003-4 Class B1, 4.45% 5/16/11 (d)	7,360		7,399
Fremont Home Loan Trust:
Series 2004-A:
Class M1, 4.7413% 1/25/34 (d)	3,950		3,962
Class M2, 5.3413% 1/25/34 (d)	4,600		4,657
Series 2005-A:
Class M1, 4.6213% 1/25/35 (d)	1,475		1,480
Class M2, 4.6513% 1/25/35 (d)	2,125		2,127
Class M3, 4.6813% 1/25/35 (d)	1,150		1,153
HSBC Home Equity Loan Trust Series 2005-2:
Class M1, 4.6194% 1/20/35 (d)	2,321		2,321
Class M2, 4.6494% 1/20/35 (d)	1,743		1,743
MBNA Credit Card Master Note Trust:
Series 2002-B1 Class B1, 5.15% 7/15/09	4,750		4,761
Series 2003-B3 Class B3, 4.495% 1/18/11 (d)	5,025		5,052
Series 2003-B5 Class B5, 4.49% 2/15/11 (d)	2,010		2,024
National Collegiate Student Loan Trust Series 2005-GT1 Class AIO, 6.75% 12/25/09 (f)	3,800		931
Onyx Acceptance Owner Trust Series 2005-B Class A4, 4.34% 5/15/12	4,220		4,153
Ownit Mortgage Loan Asset-Backed Certificates Series 2005-3 Class A2A, 4.3113% 6/25/36 (d)	12,701		12,701
Park Place Securities, Inc. Series 2005-WCH1 Class M2, 4.7113% 1/25/35 (d)	3,700		3,704
Structured Asset Securities Corp. Series 2005-5N Class 3A1A, 4.4913% 11/25/35 (d)	14,460		14,460
Superior Wholesale Inventory Financing Trust VII Series 2003-A8 Class CTFS, 4.57% 3/15/11 (a)(d)	6,165		6,175
Triad Auto Receivables Owner Trust Series 2002-A Class A4, 3.24% 8/12/09	5,385		5,335
WFS Financial Owner Trust Series 2004-3 Class A4, 3.93% 2/17/12	9,505		9,294
TOTAL ASSET-BACKED SECURITIES (Cost $143,716)		143,425
Collateralized Mortgage Obligations - 2.6%
	Principal Amount (000s)		Value (000s)
Private Sponsor - 1.3%
Adjustable Rate Mortgage Trust floater:
Series 2005-1 Class 5A2, 4.5213% 5/25/35 (d)	$4,280		$4,265
Series 2005-2 Class 6A2, 4.4713% 6/25/35 (d)	2,022		2,025
Bear Stearns Alt-A Trust floater Series 2005-1 Class A1, 4.4713% 1/25/35 (d)	6,000		6,002
CS First Boston Mortgage Securities Corp. floater Series 2004-AR3 Class 6A2, 4.5613% 4/25/34 (d)	1,460		1,462
Impac CMB Trust floater Series 2005-2 Class 1A2, 4.5013% 4/25/35 (d)	2,510		2,508
Master Alternative Loan Trust Series 2004-3 Class 3A1, 6% 4/25/34	1,244		1,237
Merrill Lynch Mortgage Investors, Inc. floater Series 2005-B Class A2, 4.79% 7/25/30 (d)	8,100		8,091
Opteum Mortgage Acceptance Corp. floater Series 2005-3 Class APT, 4.4813% 7/25/35 (d)	3,865		3,867
Residential Asset Mortgage Products, Inc. sequential pay Series 2004-SL2 Class A1, 6.5% 10/25/16	1,032		1,048
Sequoia Mortgage Trust floater Series 2005-2 Class A2, 4.29% 3/20/35 (d)	6,699		6,699
Thornburg Mortgage Securities Trust floater Series 2005-3 Class A4, 4.4613% 10/25/35 (d)	9,274		9,274
Wells Fargo Mortgage Backed Securities Trust:
Series 2005-AR10 Class 2A2, 4.1103% 6/25/35 (d)	11,680		11,454
Series 2005-AR12 Class 2A6, 4.3214% 7/25/35 (d)	12,977		12,683
Series 2005-AR9 Class 2A1, 4.3621% 5/25/35 (d)	5,338		5,265
TOTAL PRIVATE SPONSOR			75,880
U.S. Government Agency - 1.3%
Fannie Mae guaranteed REMIC pass thru certificates planned amortization class:
Series 2003-83 Class TH, 4.5% 11/25/16	11,450		11,076
Series 2004-81 Class KD, 4.5% 7/25/18	7,951		7,606
Freddie Mac Multi-class participation certificates guaranteed planned amortization class:
Series 2677 Class C, 4.5% 6/15/15	5,405		5,293
Series 2702 Class WB, 5% 4/15/17	9,605		9,540
Series 2728 Class NE, 4.5% 7/15/17	8,910		8,558
Collateralized Mortgage Obligations - continued
	Principal Amount (000s)		Value (000s)
U.S. Government Agency - continued
Freddie Mac Multi-class participation certificates guaranteed planned amortization class: - continued
Series 2828 Class JD, 4.5% 8/15/17	$26,223		$25,206
Series 2885 Class PC, 4.5% 3/15/18	7,765		7,544
TOTAL U.S. GOVERNMENT AGENCY			74,823
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $153,729)		150,703
Commercial Mortgage Securities - 3.4%
Banc of America Commercial Mortgage, Inc. sequential pay Series 2000-2 Class A2, 7.197% 9/15/32	3,200		3,437
Bayview Commercial Asset Trust floater Series 2004-3:
Class A1, 4.5613% 1/25/35 (a)(d)	6,057		6,064
Class A2, 4.6113% 1/25/35 (a)(d)	872		872
Class M1, 4.6913% 1/25/35 (a)(d)	1,010		1,011
Class M2, 5.1913% 1/25/35 (a)(d)	642		646
Bear Stearns Commercial Mortgage Securities, Inc. sequential pay Series 2003-PWR2 Class A3, 4.834% 5/11/39	3,760		3,699
Chase Commercial Mortgage Securities Corp. Series 2001-245 Class A2, 6.275% 2/12/16 (a)(d)	3,425		3,612
Chase Manhattan Bank-First Union National Bank Commercial Mortgage Trust sequential pay Series 1999-1 Class A2, 7.439% 8/15/31	5,000		5,369
COMM:
floater Series 2002-FL7 Class D, 4.69% 11/15/14 (a)(d)	496		498
Series 2004-LBN2 Class X2, 1.0435% 3/10/39 (a)(d)(f)	14,104		488
CS First Boston Mortgage Securities Corp.:
sequential pay:
Series 1997-C2:
Class A2, 6.52% 1/17/35	558		558
Class A3, 6.55% 1/17/35	4,180		4,285
Series 1999-C1 Class A2, 7.29% 9/15/41	9,450		10,061
Series 2004-C1 Class A3, 4.321% 1/15/37	4,485		4,307
Series 1998-C1 Class C, 6.78% 5/17/40	9,200		9,660
Series 2004-C1 Class ASP, 0.9371% 1/15/37 (a)(d)(f)	69,296		2,296
Commercial Mortgage Securities - continued
	Principal Amount (000s)		Value (000s)
Deutsche Mortgage & Asset Receiving Corp. sequential pay Series 1998-C1 Class D, 7.231% 6/15/31	$3,430		$3,594
DLJ Commercial Mortgage Corp. sequential pay:
Series 1998-CF1 Class A1B, 6.41% 2/18/31	4,688		4,796
Series 1998-CG1 Class A1B, 6.41% 6/10/31	5,756		5,929
Series 2000-CF1 Class A1B, 7.62% 6/10/33	7,200		7,860
EQI Financing Partnership I LP Series 1997-1 Class B, 7.37% 12/20/15 (a)	1,536		1,563
Fannie Mae sequential pay Series 1999-10 Class MZ, 6.5% 9/17/38	11,721		12,078
First Union-Lehman Brothers Commercial Mortgage Trust sequential pay Series 1997-C2 Class A3, 6.65% 11/18/29	1,549		1,585
GGP Mall Properties Trust sequential pay Series 2001-C1A Class A2, 5.007% 11/15/11 (a)	6,254		6,261
Ginnie Mae guaranteed REMIC pass thru securities sequential pay Series 2003-22 Class B, 3.963% 5/16/32	7,330		7,001
GS Mortgage Securities Corp. II sequential pay:
Series 2001-LIBA Class A2, 6.615% 2/14/16 (a)	6,150		6,575
Series 2003-C1 Class A2A, 3.59% 1/10/40	7,620		7,431
Heller Financial Commercial Mortgage Asset Corp. sequential pay Series 2000-PH1 Class A1, 7.715% 1/17/34	1,274		1,292
LB Commercial Conduit Mortgage Trust sequential pay Series 1999-C1 Class A2, 6.78% 6/15/31	5,000		5,251
LB-UBS Commercial Mortgage Trust sequential pay:
Series 2000-C3 Class A2, 7.95% 1/15/10	4,450		4,897
Series 2001-C3 Class A1, 6.058% 6/15/20	6,502		6,632
Series 2001-C7 Class A2, 5.533% 12/15/25	10,000		10,070
Leafs CMBS I Ltd./Leafs CMBS I Corp. Series 2002-1A:
Class B, 4.13% 11/20/37 (a)	5,440		5,045
Class C, 4.13% 11/20/37 (a)	5,540		4,973
Morgan Stanley Capital I, Inc.:
sequential pay Series 2004-HQ3 Class A2, 4.05% 1/13/41	4,520		4,347
Series 2005-IQ9 Class X2, 1.0821% 7/15/56 (a)(d)(f)	63,215		2,965
Mortgage Capital Funding, Inc. sequential pay Series 1998-MC2 Class A2, 6.423% 6/18/30	4,606		4,727
Prudential Securities Secured Financing Corp. sequential pay Series 1998-C1 Class A1B, 6.506% 7/15/08	3,814		3,913
Salomon Brothers Mortgage Securities VII, Inc. sequential pay Series 2000-C3 Class A2, 6.592% 12/18/33	8,115		8,557
Commercial Mortgage Securities - continued
	Principal Amount (000s)		Value (000s)
Trizechahn Office Properties Trust Series 2001-TZHA Class E3, 7.253% 3/15/13 (a)	$6,150		$6,296
Wachovia Bank Commercial Mortgage Trust sequential pay Series 2003-C6 Class A2, 4.498% 8/15/35	7,280		7,138
TOTAL COMMERCIAL MORTGAGE SECURITIES (Cost $201,739)		197,639
Foreign Government and Government Agency Obligations - 0.7%
Israeli State 4.625% 6/15/13	1,735		1,659
United Mexican States:
5.875% 1/15/14	1,295		1,331
6.375% 1/16/13	5,570		5,882
6.75% 9/27/34	5,495		5,893
7.5% 4/8/33	24,061		28,212
TOTAL FOREIGN GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS (Cost $37,875)		42,977
Supranational Obligations - 0.1%
Corporacion Andina de Fomento 6.875% 3/15/12 (Cost $3,369)	3,405		3,696

Fixed-Income Funds - 9.8%
	Shares
Fidelity Ultra-Short Central Fund (e) (Cost $570,050)	5,720,687		569,037
Cash Equivalents - 1.0%
	Maturity Amount (000s)
Investments in repurchase agreements (Collateralized by U.S. Government Obligations, in a joint trading account at 4.04%, dated 11/30/05 due 12/1/05) (Cost $60,701)	$60,708		60,701
TOTAL INVESTMENT PORTFOLIO - 107.1% (Cost $6,298,790)			6,221,633
NET OTHER ASSETS - (7.1)%			(414,493)
NET ASSETS - 100%		$5,807,140

Swap Agreements
	Expiration Date	Notional Amount (000s)	Value (000s)
Credit Default Swaps
Receive quarterly notional amount multiplied by .35% and pay Goldman Sachs upon default event of Southern California Edison Co., par value of the notional amount of Southern California Edison Co. 7.625% 1/15/10	Sept. 2010	$6,600	$1
Receive quarterly notional amount multiplied by .41% and pay Goldman Sachs upon default event of Sempre Energy, par value of the notional amount of Sempra Energy 7.95% 3/1/10	Sept. 2010	5,500	6
Receive quarterly notional amount multiplied by .41% and pay Merrill Lynch, Inc. upon default event of Talisman Energy, Inc., par value of the notional amount of Talisman Energy, Inc. 7.25% 10/15/27	March 2009	4,100	22
Receive quarterly notional amount multiplied by .42% and pay Morgan Stanley, Inc. upon default event of Sempra Energy, par value of the notional amount of Sempra Energy 6% 2/1/13	Sept. 2010	4,000	6
Receive quarterly notional amount multiplied by .59% and pay Merrill Lynch, Inc. upon default event of Raytheon Co., par value of the notional amount of Raytheon Co. 6.55% 3/15/10	March 2009	10,000	113
TOTAL CREDIT DEFAULT SWAPS		30,200	148
Interest Rate Swaps
Receive quarterly a fixed rate equal to 2.83852% and pay quarterly a floating rate based on 3-month LIBOR with Credit Suisse First Boston	Oct. 2006	55,000	(994)
Receive quarterly a fixed rate equal to 3.2955% and pay quarterly a floating rate based on 3-month LIBOR with Morgan Stanley, Inc.	Feb. 2006	45,000	(125)
TOTAL INTEREST RATE SWAPS		100,000	(1,119)
Swap Agreements - continued
	Expiration Date	Notional Amount (000s)	Value (000s)
Total Return Swaps
Receive monthly a return equal to Banc of America Securities LLC AAA 10 Yr Commercial Mortgage Backed Securities Daily Index and pay monthly a floating rate based on 1-month LIBOR minus 20 basis points with Bank of America	July 2006	$17,925	$5
Receive monthly a return equal to Banc of America Securities LLC AAA 10 Yr Commercial Mortgage Backed Securities Daily Index and pay monthly a floating rate based on 1-month LIBOR minus 40 basis points with Bank of America	March 2006	17,925	37
Receive monthly a return equal to Bank of America Securities LLC AAA 10Yr Commercial Mortgage Backed Securities Daily Index and pay monthly a floating rate based on 3-month LIBOR minus 30 basis points with Bank of America	May 2006	60,000	(113)
Receive monthly a return equal to Lehman Brothers CMBS AAA 8.5+ Index and pay monthly a floating rate based on 1-month LIBOR minus 25 basis points with Deutsche Bank	April 2006	5,425	5
TOTAL TOTAL RETURN SWAPS		101,275	(66)
		$231,475	$(1,037)

Legend

(a)Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the period end, the value of these securities amounted to $188,122,000 or 3.2% of net assets.

(b)Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(c)Security or a portion of the security has been segregated as collateral for open swap agreements. At the period end, the value of securities pledged amounted to $320,000.

(d)The coupon rate shown on floating or adjustable rate securities represents the rate at period end.

(e)Affiliated fund that is available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited list of holdings for each fixed-income central fund, as of the investing fund's report date, is available upon request or at fidelity.com. The reports are located just after the fund's financial statements and quarterly reports but are not part of the financial statements or quarterly reports. In addition, the fixed-income central fund's financial statements are available on the EDGAR Database on the SEC's web site, www.sec.gov, or upon request.

(f)Security represents right to receive monthly interest payments on an underlying pool of mortgages. Principal shown is the par amount of the mortgage pool.

Affiliated Central Funds

Information regarding income received by the fund from the affiliated Central funds during the period is as follows:

Fund	Income Received (Amounts in thousands)
Fidelity Ultra-Short Central Fund	$15,829
Total	$15,829

Additional information regarding the fund's purchases and sales, including the ownership percentage, of the following fixed income Central Funds during the period is as follows:

Fund (Amounts in thousands)	Value, beginning of period	Purchases	Sales Proceeds	Value, end of period	% ownership, end of period
Fidelity Ultra-Short Central Fund	$569,380	$-	$-	$569,037	7.8%

Income Tax Information

At November 30, 2005, the aggregate cost of investment securities for income tax purposes was $6,289,925,000. Net unrealized depreciation aggregated $68,292,000, of which $35,581,000 related to appreciated investment securities and $103,873,000 related to depreciated investment securities.

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. Fidelity assumes no obligation to update or supplement the schedule to reflect any changes that may occur. This report is provided for the general information of the fund's shareholders. Click on the appropriate link to view the fund's audited schedule of investments included in its annual report or contact your investment professional to request a free copy.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR Corp. or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Spartan ® Extended Market Index Fund

November 30, 2005

SIF-QTLY-0106

1.810690.101

Investments November 30, 2005 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 96.3%
	Shares		Value
CONSUMER DISCRETIONARY - 15.5%
Auto Components - 0.5%
Aftermarket Technology Corp. (a)	14,408		$295,364
American Axle & Manufacturing Holdings, Inc.	22,016		468,060
Amerigon, Inc. (a)	3,487		19,492
ArvinMeritor, Inc.	41,303		549,330
Bandag, Inc.	6,237		267,255
BorgWarner, Inc.	30,504		1,830,240
Drew Industries, Inc. (a)	8,412		253,369
Dura Automotive Systems, Inc. Class A (a)	4,532		11,647
Exide Technologies (a)	12,228		44,143
GenTek, Inc.	5,509		89,466
Gentex Corp.	95,743		1,802,841
Hayes Lemmerz International, Inc. (a)	9,600		29,184
IMPCO Technologies, Inc. (a)	5,261		27,357
Keystone Automotive Industries, Inc. (a)	11,886		332,808
Lear Corp.	39,317		1,094,585
LKQ Corp. (a)	10,867		354,156
Midas, Inc. (a)	9,230		174,262
Modine Manufacturing Co.	20,473		681,546
Noble International Ltd.	2,433		54,791
Proliance International, Inc. (a)	3,337		18,220
Quantum Fuel Systems Technologies Worldwide, Inc. (a)	11,619		29,628
R&B, Inc. (a)	2,806		33,195
Raytech Corp.	7,859		10,060
Sauer-Danfoss, Inc.	3,933		70,755
Shiloh Industries, Inc. (a)	7,998		105,734
Spartan Motors, Inc.	5,240		52,243
Sports Resorts International, Inc. (a)	10,786		9,168
Standard Motor Products, Inc.	9,163		81,459
Stoneridge, Inc. (a)	8,249		49,906
Strattec Security Corp. (a)	1,213		58,891
Superior Industries International, Inc.	15,308		349,175
Tenneco, Inc. (a)	24,053		417,801
TRW Automotive Holdings Corp. (a)	17,562		442,562
Zapata Corp. (a)	6,888		42,017
			10,150,710
Automobiles - 0.1%
Coachmen Industries, Inc.	4,577		55,519
Fleetwood Enterprises, Inc. (a)	34,558		394,307
Monaco Coach Corp.	10,568		156,723
National R.V. Holdings, Inc. (a)	1,403		8,404
Thor Industries, Inc.	23,294		892,626
Winnebago Industries, Inc.	17,350		583,134
			2,090,713
Distributors - 0.1%
All American Semiconductor, Inc. (a)	3,649		14,304
Amcon Distributing Co. (a)	1,022		18,141
Andersons, Inc.	4,023		165,546
Aristotle Corp. (a)	3,170		22,666
	Shares		Value
Audiovox Corp. Class A (a)	5,832		$80,773
Building Material Holding Corp.	8,849		728,538
Design Within Reach, Inc. (a)	7,015		42,300
Earle M. Jorgensen Co.	10,176		97,690
Handleman Co.	16,324		224,129
Prestige Brands Holdings, Inc.	27,948		335,935
Source Interlink Companies, Inc. (a)	16,553		181,752
			1,911,774
Diversified Consumer Services - 1.0%
Alderwoods Group, Inc. (a)	25,083		376,747
Bright Horizons Family Solutions, Inc. (a)	16,892		597,639
Career Education Corp. (a)	55,339		2,064,145
Carriage Services, Inc. Class A (a)	9,225		47,878
Collectors Universe, Inc. (a)	1,240		16,430
Corinthian Colleges, Inc. (a)	56,176		680,291
CPI Corp.	3,642		64,099
DeVry, Inc. (a)	33,321		773,714
Educate, Inc. (a)	13,204		144,584
Education Management Corp. (a)	35,139		1,185,941
Escala Group, Inc. (a)	11,496		190,259
EVCI Career Colleges, Inc. (a)	1,029		2,470
ITT Educational Services, Inc. (a)	23,105		1,417,954
Jackson Hewitt Tax Service, Inc.	15,628		375,697
Laureate Education, Inc. (a)	25,045		1,266,526
Learning Care Group, Inc. (a)	8,383		61,280
Mace Security International, Inc. (a)	8,918		21,403
Matthews International Corp. Class A	19,095		750,243
Nobel Learning Communities, Inc. (a)	2,715		25,793
Pre-Paid Legal Services, Inc.	9,474		403,119
Princeton Review, Inc. (a)	7,132		38,156
Regis Corp.	22,463		897,397
Service Corp. International (SCI)	170,973		1,403,688
ServiceMaster Co.	167,097		1,990,125
Sothebys Holdings, Inc. Class A (ltd. vtg.) (a)	29,237		556,380
Steiner Leisure Ltd. (a)	12,702		477,341
Stewart Enterprises, Inc. Class A	59,128		301,553
Strayer Education, Inc.	8,054		803,789
Universal Technical Institute, Inc. (a)	13,562		412,014
Vertrue, Inc. (a)	7,068		255,367
Weight Watchers International, Inc. (a)	21,962		1,049,784
			18,651,806
Hotels, Restaurants & Leisure - 2.7%
AFC Enterprises, Inc.	14,159		173,589
Alliance Gaming Corp. (a)	25,308		301,924
Ambassadors Group, Inc.	10,016		251,301
American Wagering, Inc. (a)	4,600		6,900
Ameristar Casinos, Inc.	14,938		352,387
Applebee's International, Inc.	44,928		1,029,750
Atlantic Coast Entertainment Holdings, Inc. warrants 7/23/11 (a)	5,539		0
Aztar Corp. (a)	19,957		624,854
Back Yard Burgers, Inc. (a)	4,772		23,431
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Hotels, Restaurants & Leisure - continued
Bally Total Fitness Holding Corp. (a)	17,979		$126,033
Benihana, Inc. Class A (sub. vtg.) (a)	3,766		66,696
BJ's Restaurants, Inc. (a)	5,440		129,146
Bluegreen Corp. (a)	12,202		181,444
Bob Evans Farms, Inc.	19,931		481,932
Boyd Gaming Corp.	24,474		1,184,052
Brinker International, Inc.	46,032		1,826,550
Buca, Inc. (a)	5,333		30,665
Buffalo Wild Wings, Inc. (a)	5,685		160,431
California Pizza Kitchen, Inc. (a)	9,897		324,424
CBRL Group, Inc.	29,140		1,077,889
CEC Entertainment, Inc. (a)	19,702		705,332
Cedar Fair LP (depository unit)	14,740		434,535
Champps Entertainment, Inc. (a)	6,082		44,520
Checkers Drive-In Restaurants, Inc. (a)	4,865		73,462
Choice Hotels International, Inc.	20,366		737,860
Churchill Downs, Inc.	5,154		195,234
CKE Restaurants, Inc.	27,522		347,052
Cosi, Inc. (a)	15,971		139,587
Dave & Buster's, Inc. (a)	4,974		75,157
Denny's Corp. (a)	38,767		189,183
Domino's Pizza, Inc.	15,096		377,400
Dover Downs Gaming & Entertainment, Inc.	3,715		46,660
Dover Motorsports, Inc.	22,686		145,871
Empire Resorts, Inc. (a)	7,884		46,910
Famous Dave's of America, Inc. (a)	6,737		72,153
Fox & Hound Restaurant Group (a)	4,959		65,459
Friendly Ice Cream Corp. (a)	6,031		53,676
Frisch's Restaurants, Inc.	2,711		66,962
Gaylord Entertainment Co. (a)	22,230		961,670
Great Wolf Resorts, Inc.	12,393		120,460
GTECH Holdings Corp.	65,466		2,003,260
IHOP Corp.	11,626		555,723
International Speedway Corp. Class A	20,316		1,108,644
Interstate Hotels & Resorts, Inc. (a)	17,282		78,287
Isle of Capri Casinos, Inc. (a)	16,733		453,799
Jack in the Box, Inc. (a)	20,519		689,438
Jameson Inns, Inc. (a)	8,935		18,674
Kerzner International Ltd. (a)	17,779		1,155,813
Krispy Kreme Doughnuts, Inc. (a)	31,771		157,266
La Quinta Corp. unit (a)	124,117		1,360,322
Landry's Seafood Restaurants, Inc.	12,835		347,187
Las Vegas Sands Corp.	70,592		2,944,392
Life Time Fitness, Inc. (a)	8,300		318,969
Littlefield Corp. (a)	500		310
Lone Star Steakhouse & Saloon, Inc.	12,892		298,708
Luby's, Inc. (a)	13,286		169,795
Marcus Corp.	12,502		303,299
Max & Erma's Restaurants, Inc. (a)	2,608		31,296
	Shares		Value
McCormick & Schmick's Seafood Restaurants (a)	5,476		$130,000
MGM MIRAGE (a)	68,331		2,604,094
Mikohn Gaming Corp. (a)	18,901		189,199
Monarch Casino & Resort, Inc. (a)	3,059		65,432
MTR Gaming Group, Inc. (a)	23,573		175,855
Multimedia Games, Inc. (a)	16,757		170,586
O'Charleys, Inc. (a)	7,853		113,947
Orient Express Hotels Ltd. Class A	20,178		636,011
Outback Steakhouse, Inc.	42,180		1,699,010
P.F. Chang's China Bistro, Inc. (a)	12,646		650,637
Panera Bread Co. Class A (a)	15,306		1,040,808
Papa John's International, Inc. (a)	6,591		358,946
Penn National Gaming, Inc. (a)	33,865		1,123,302
Pinnacle Entertainment, Inc. (a)	22,274		532,126
Rare Hospitality International, Inc. (a)	18,243		584,323
Red Lion Hotels Corp. (a)	3,357		29,709
Red Robin Gourmet Burgers, Inc. (a)	7,997		439,035
Riviera Holdings Corp. (a)	4,031		56,353
Royal Caribbean Cruises Ltd.	70,655		3,240,238
Rubio's Restaurants, Inc. (a)	3,930		33,602
Ruby Tuesday, Inc.	32,608		793,027
Ruth's Chris Steak House, Inc.	15,729		278,089
Ryan's Restaurant Group, Inc. (a)	20,876		248,216
Scientific Games Corp. Class A (a)	34,339		972,824
Shuffle Master, Inc. (a)	18,171		508,970
Six Flags, Inc. (a)	49,094		366,241
Sonic Corp. (a)	31,277		925,486
SPEEDUS Corp. (a)	1,900		2,660
Speedway Motorsports, Inc.	9,649		375,443
Station Casinos, Inc.	26,682		1,850,130
Steak n Shake Co. (a)	17,661		304,652
Texas Roadhouse, Inc. Class A (a)	27,896		421,230
The Cheesecake Factory, Inc. (a)	45,908		1,682,069
Triarc Companies, Inc. Class B	24,997		373,455
Trump Entertainment Resorts, Inc. (a)	9,800		178,556
Vail Resorts, Inc. (a)	13,992		521,342
WMS Industries, Inc. (a)	9,136		226,847
Wynn Resorts Ltd. (a)	38,273		2,136,782
Youbet.com, Inc. (a)	5,895		32,894
			51,319,849
Household Durables - 1.6%
Advanced Lighting Technologies, Inc. (a)	2,400		0
American Greetings Corp. Class A	32,953		863,369
Applica, Inc. (a)	6,082		7,846
Avatar Holdings, Inc. (a)	2,519		143,104
Bassett Furniture Industries, Inc.	8,703		156,915
Beazer Homes USA, Inc.	19,570		1,369,313
Blount International, Inc. (a)	20,940		325,617
Blyth, Inc.	18,421		364,736
Brillian Corp. (a)	1,316		7,422
Brookfield Homes Corp.	6,357		314,227
California Coastal Communities, Inc. (a)	3,836		150,678
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Household Durables - continued
Cavalier Homes, Inc. (a)	13,027		$76,208
Cavco Industries, Inc. (a)	5,868		230,319
Champion Enterprises, Inc. (a)	44,107		638,228
Cobra Electronics Corp. (a)	1,132		12,282
Comstock Homebuilding Companies, Inc. Class A	3,651		56,116
Craftmade International, Inc.	2,794		50,292
CSS Industries, Inc.	3,326		110,955
Dixie Group, Inc. (a)	2,499		34,986
Dominion Homes, Inc. (a)	2,526		25,134
Emerson Radio Corp. (a)	9,263		28,345
Enesco Group, Inc. (a)	4,116		8,973
Ethan Allen Interiors, Inc.	17,753		662,187
Fedders Corp.	13,593		29,769
Flexsteel Industries, Inc.	3,192		44,592
Furniture Brands International, Inc.	30,620		610,869
Garmin Ltd.	32,530		1,792,403
Harman International Industries, Inc.	36,658		3,574,155
Helen of Troy Ltd. (a)	8,451		152,287
Hovnanian Enterprises, Inc. Class A (a)	18,875		940,730
Interface, Inc. Class A (a)	27,417		228,384
Jarden Corp. (a)	17,910		584,762
Kimball International, Inc. Class B	25,065		266,942
Knape & Vogt Manufacturing Co.	5,554		80,255
La-Z-Boy, Inc.	38,209		510,854
Lenox Group, Inc. (a)	11,079		136,936
Levitt Corp. Class A	6,600		142,758
Libbey, Inc.	4,937		58,553
Lifetime Brands, Inc.	5,543		120,616
M.D.C. Holdings, Inc.	15,464		1,053,562
M/I Homes, Inc.	5,737		250,994
Meritage Homes Corp. (a)	10,834		720,136
Mestek, Inc. (a)	3,426		41,455
MITY Enterprises, Inc. (a)	3,184		58,331
Mohawk Industries, Inc. (a)	28,050		2,467,839
National Presto Industries, Inc.	1,847		82,284
NVR, Inc. (a)	3,014		2,071,372
Oneida Ltd. (a)	5,004		4,904
Orleans Homebuilders, Inc.	4,454		86,675
Palm Harbor Homes, Inc. (a)	9,454		178,019
Russ Berrie & Co., Inc.	6,705		78,180
Ryland Group, Inc.	25,429		1,819,191
Salton, Inc. (a)	2,717		6,466
Skyline Corp.	6,866		262,625
Standard Pacific Corp.	36,575		1,378,512
Stanley Furniture Co., Inc.	12,350		307,515
Technical Olympic USA, Inc.	9,819		203,548
Tempur-Pedic International, Inc. (a)	21,110		239,599
The Rowe Companies (a)	1,881		4,891
Toll Brothers, Inc. (a)	57,669		1,983,814
Tupperware Corp.	27,093		625,036
	Shares		Value
Universal Electronics, Inc. (a)	13,861		$240,350
Virco Manufacturing Co. (a)	4,818		28,860
WCI Communities, Inc. (a)	19,905		511,160
William Lyon Homes, Inc. (a)	2,212		246,638
Yankee Candle Co., Inc.	24,556		622,495
			30,486,568
Internet & Catalog Retail - 0.7%
1-800 CONTACTS, Inc. (a)	3,181		34,641
1-800-FLOWERS.com, Inc. Class A (a)	19,046		132,560
Alloy, Inc. (a)	36,576		224,211
Audible, Inc. (a)	9,878		127,426
Blair Corp.	1,894		70,646
Blue Nile, Inc. (a)	4,402		182,639
Bluefly, Inc. (a)	1,778		2,596
Coldwater Creek, Inc. (a)	19,327		606,868
Drugstore.com, Inc. (a)	21,155		64,946
eCost.com, Inc. (a)	4,291		5,707
Expedia, Inc. (a)	158,932		3,939,924
FTD Group, Inc.	8,626		94,886
Gaiam, Inc. Class A (a)	3,743		50,343
GSI Commerce, Inc. (a)	10,161		169,079
Hollywood Media Corp. (a)	26,946		116,943
IAC/InterActiveCorp (a)	165,378		4,566,087
Insight Enterprises, Inc. (a)	24,899		518,646
J. Jill Group, Inc. (a)	8,325		152,431
MediaBay, Inc. (a)	997		1,735
Netflix, Inc. (a)	17,962		494,673
NutriSystem, Inc. (a)	17,144		667,416
Overstock.com, Inc. (a)	5,574		207,409
PC Mall, Inc. (a)	3,555		17,526
PetMed Express, Inc. (a)	20,357		239,805
PhotoWorks, Inc. (a)	1,628		684
Priceline.com, Inc. (a)	11,020		264,700
Provide Commerce, Inc. (a)	4,254		122,770
RedEnvelope, Inc. (a)	5,119		60,814
Sportsmans Guide, Inc. (a)	3,969		104,147
Stamps.com, Inc. (a)	13,411		314,488
Systemax, Inc. (a)	10,200		60,384
ValueVision Media, Inc. Class A (a)	11,622		129,004
Varsity Group, Inc. (a)	4,794		20,279
VistaPrint Ltd.	6,995		127,029
			13,893,442
Leisure Equipment & Products - 0.3%
Action Performance Companies, Inc. (a)	4,434		56,090
Adams Golf, Inc. (a)	9,544		11,262
Aldila, Inc.	300		7,563
Arctic Cat, Inc.	8,551		179,400
Callaway Golf Co.	37,554		550,166
Concord Camera Corp. (a)	6,760		8,585
Escalade, Inc.	6,336		80,150
Excelligence Learning Corp. (a)	3,829		26,037
Fairchild Corp. Class A (a)	9,497		21,843
JAKKS Pacific, Inc. (a)	17,767		362,091
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Leisure Equipment & Products - continued
Johnson Outdoors, Inc. Class A (a)	1,929		$31,250
K2, Inc. (a)	20,086		204,074
Leapfrog Enterprises, Inc. Class A (a)	23,870		311,265
Marine Products Corp.	11,382		114,503
MarineMax, Inc. (a)	11,754		308,660
Marvel Entertainment, Inc. (a)	44,266		720,208
Meade Instruments Corp. (a)	4,023		10,943
Nautilus, Inc.	17,412		308,192
Oakley, Inc.	14,586		234,543
Polaris Industries, Inc.	26,090		1,289,890
RC2 Corp. (a)	12,056		426,059
SCP Pool Corp.	30,234		1,177,010
Steinway Musical Instruments, Inc. (a)	3,201		80,025
Sturm Ruger & Co., Inc.	11,303		79,686
			6,599,495
Media - 4.4%
4Kids Entertainment, Inc. (a)	5,021		82,093
ACME Communications, Inc. (a)	6,362		25,830
ACT Teleconferencing, Inc. (a)	2,700		702
ADVO, Inc.	22,291		608,321
Arbitron, Inc.	18,937		730,968
Ballantyne of Omaha, Inc. (a)	30		147
Beasley Broadcast Group, Inc. Class A (a)	4,117		57,720
Belo Corp. Series A	57,299		1,249,118
Cablevision Systems Corp. - NY Group Class A (a)	126,931		3,003,187
Cadmus Communications Corp.	4,716		95,169
Carmike Cinemas, Inc.	7,620		200,558
Catalina Marketing Corp.	29,141		771,362
Charter Communications, Inc. Class A (a)	230,363		274,132
Citadel Broadcasting Corp.	31,994		431,279
CKX, Inc. (a)	21,174		274,415
Clear Channel Outdoor Holding, Inc. Class A	19,199		389,740
Courier Corp.	5,166		181,792
Cox Radio, Inc. Class A (a)	21,705		321,451
Crown Media Holdings, Inc. Class A (a)	4,844		50,378
Cumulus Media, Inc. Class A (a)	33,745		416,751
Dex Media, Inc.	65,828		1,791,838
Digital Generation Systems, Inc. (a)	16,431		9,530
Discovery Holding Co. Class A (a)	154,471		2,411,292
DreamWorks Animation SKG, Inc. Class A (a)	27,785		704,905
E.W. Scripps Co. Class A	45,764		2,121,161
EchoStar Communications Corp. Class A	117,974		3,048,448
EMAK Worldwide, Inc. (a)	3,798		25,750
Emmis Communications Corp. Class A (a)	14,631		304,910
Entercom Communications Corp. Class A (a)	20,503		653,021
	Shares		Value
Entravision Communication Corp. Class A (a)	35,214		$263,753
Fisher Communications, Inc. (a)	2,738		124,606
Franklin Electronic Publishers, Inc. (a)	2,339		8,187
Gemstar-TV Guide International, Inc. (a)	122,221		323,886
Getty Images, Inc. (a)	24,263		2,214,969
Granite Broadcasting Corp. (non vtg.) (a)	6,146		1,352
Gray Television, Inc.	27,891		248,788
Harris Interactive, Inc. (a)	41,822		166,452
Harte-Hanks, Inc.	27,164		713,327
Hearst-Argyle Television, Inc.	16,843		404,906
Hollinger International, Inc. Class A	38,534		344,109
Image Entertainment, Inc. (a)	7,100		27,264
Insight Communications, Inc. Class A (a)	27,678		322,172
Insignia Systems, Inc. (a)	4,959		2,975
Interactive Data Corp.	21,295		471,471
Interep National Radio Sales, Inc. Class A (a)	2,901		1,073
John Wiley & Sons, Inc. Class A	23,515		971,875
Journal Communications, Inc. Class A	24,775		334,710
Journal Register Co.	23,387		365,539
Knology, Inc. (a)	9,513		18,741
Lamar Advertising Co. Class A (a)	47,374		2,195,785
Lee Enterprises, Inc.	25,079		963,535
Liberty Corp., South Carolina	8,893		414,592
Liberty Global, Inc. Class A	266,371		5,942,737
Liberty Media Corp. Class A (a)	1,615,000		12,403,200
LIN TV Corp. Class A (a)	17,098		223,642
LodgeNet Entertainment Corp. (a)	13,711		187,978
Martha Stewart Living Omnimedia, Inc. Class A (a)	8,771		176,473
Media General, Inc. Class A	13,137		666,046
Mediacom Communications Corp. Class A (a)	39,749		207,092
Morningstar, Inc.	4,189		134,257
National Lampoon, Inc. (a)	1,200		3,120
Navarre Corp. (a)	8,023		46,453
New Frontier Media, Inc. (a)	3,930		24,405
Nexstar Broadcasting Group, Inc. Class A (a)	3,834		16,678
NTL, Inc. (a)	43,838		2,552,687
NTN Communications, Inc. (a)	16,316		26,106
Paxson Communications Corp. Class A (a)	15,438		14,666
Penton Media, Inc. (a)	11,976		6,168
Pixar (a)	30,953		1,716,034
Playboy Enterprises, Inc. Class B (non-vtg.) (a)	17,049		244,312
Point.360 (a)	2,433		4,598
PRIMEDIA, Inc. (a)	73,347		148,161
ProQuest Co. (a)	14,343		400,887
R.H. Donnelley Corp. (a)	16,792		1,057,560
Radio One, Inc. Class A (a)	48,606		541,471
Radio Unica Communications Corp. (a)	1,600		0
RCN Corp. (a)	17,600		383,856
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Media - continued
Reading International, Inc. Class A (a)	10,681		$84,914
Regal Entertainment Group Class A	33,181		671,252
Regent Communication, Inc. (a)	13,099		65,364
Rentrak Corp. (a)	6,275		56,726
Saga Communications, Inc. Class A (a)	5,932		73,675
Salem Communications Corp. Class A (a)	6,831		130,472
Scholastic Corp. (a)	16,941		563,627
Sinclair Broadcast Group, Inc. Class A	29,981		288,417
Sirius Satellite Radio, Inc. (a)	670,510		4,794,147
Spanish Broadcasting System, Inc. Class A (a)	18,581		89,560
SPAR Group, Inc. (a)	4,346		4,998
The DIRECTV Group, Inc. (a)	513,575		6,774,054
The McClatchy Co. Class A	11,883		732,112
The Reader's Digest Association, Inc. (non-vtg.)	43,927		682,186
Thomas Nelson, Inc.	4,973		123,082
TiVo, Inc. (a)	43,101		231,883
Traffix, Inc.	3,088		16,860
Valassis Communications, Inc. (a)	28,966		881,146
Value Line, Inc.	523		21,077
Warner Music Group Corp.	24,966		450,636
Washington Post Co. Class B	3,356		2,473,372
Westwood One, Inc.	39,548		717,401
World Wrestling Entertainment, Inc. Class A	10,638		143,719
WorldSpace, Inc. Class A	15,523		169,666
WPT Enterprises, Inc. (a)	6,993		47,832
XM Satellite Radio Holdings, Inc. Class A (a)	120,893		3,537,329
Young Broadcasting, Inc. Class A (a)	4,865		9,146
			82,103,275
Multiline Retail - 0.3%
99 Cents Only Stores (a)	22,074		212,573
Conn's, Inc. (a)	6,864		232,072
Dollar Tree Stores, Inc. (a)	63,711		1,462,805
Fred's, Inc. Class A	20,065		333,280
Gottschalks, Inc. (a)	300		2,445
Retail Ventures, Inc. (a)	21,851		279,037
Saks, Inc.	70,915		1,172,225
ShopKo Stores, Inc. (a)	19,704		565,111
The Bon-Ton Stores, Inc.	6,038		111,522
Tuesday Morning Corp.	14,824		404,547
			4,775,617
Specialty Retail - 3.2%
Aaron Rents, Inc.	20,129		418,079
Abercrombie & Fitch Co. Class A	48,310		2,962,369
AC Moore Arts & Crafts, Inc. (a)	7,682		109,929
Advance Auto Parts, Inc. (a)	60,552		2,563,772
Aeropostale, Inc. (a)	27,781		690,913
America's Car Mart, Inc. (a)	3,022		48,715
	Shares		Value
American Eagle Outfitters, Inc.	66,787		$1,520,072
AnnTaylor Stores Corp. (a)	39,515		1,198,490
Asbury Automotive Group, Inc. (a)	11,092		185,791
Barnes & Noble, Inc.	29,077		1,172,966
bebe Stores, Inc.	12,614		203,968
Big 5 Sporting Goods Corp.	11,825		284,864
Big Dog Holdings, Inc. (a)	2,572		17,824
Blockbuster, Inc. Class A (a)	88,517		331,939
Books-A-Million, Inc.	7,672		72,807
Borders Group, Inc.	41,602		848,265
Build-A-Bear Workshop, Inc. (a)	5,718		162,963
Burlington Coat Factory Warehouse Corp.	11,907		471,993
Cabela's, Inc. Class A (a)	23,226		404,132
Cache, Inc. (a)	6,059		101,973
CarMax, Inc. (a)	57,714		1,582,518
Casual Male Retail Group, Inc. (a)	9,009		55,676
Charlotte Russe Holding, Inc. (a)	9,874		184,644
Charming Shoppes, Inc. (a)	60,113		706,328
Chico's FAS, Inc. (a)	98,326		4,337,160
Christopher & Banks Corp.	15,833		238,762
Citi Trends, Inc.	4,152		147,853
Claire's Stores, Inc.	46,397		1,323,706
Cost Plus, Inc. (a)	14,259		262,080
CSK Auto Corp. (a)	21,658		335,699
Deb Shops, Inc.	3,517		102,274
Dick's Sporting Goods, Inc. (a)	15,872		557,266
Dress Barn, Inc. (a)	9,963		332,565
DSW, Inc. Class A	16,555		422,318
E Com Ventures, Inc. (a)	1,076		13,181
Emerging Vision, Inc. (a)	5,700		969
Finish Line, Inc. Class A	22,102		381,481
Finlay Enterprises, Inc. (a)	2,122		24,297
Foot Locker, Inc.	88,133		1,923,062
Franklin Covey Co. (a)	2,994		20,299
Gamestop Corp. Class A (a)	31,536		1,060,871
Gander Mountain Co. (a)	2,718		15,465
Genesco, Inc. (a)	10,948		434,088
Goody's Family Clothing, Inc.	14,429		134,911
Group 1 Automotive, Inc. (a)	10,990		339,261
Guess?, Inc. (a)	13,986		473,846
Guitar Center, Inc. (a)	14,719		776,280
Gymboree Corp. (a)	17,416		392,905
Hancock Fabrics, Inc.	6,826		30,717
Haverty Furniture Companies, Inc.	7,633		98,466
Hibbett Sporting Goods, Inc. (a)	16,452		492,902
Hot Topic, Inc. (a)	27,947		433,179
Jo-Ann Stores, Inc. (a)	10,058		127,938
Jos. A. Bank Clothiers, Inc. (a)	6,501		325,115
Kirkland's, Inc. (a)	4,549		30,023
Linens 'N Things, Inc. (a)	22,476		575,610
Lithia Motors, Inc. Class A (sub. vtg.)	6,077		173,498
Maidenform Brands, Inc.	15,537		199,806
Major Automotive Companies, Inc. (a)	1,420		2,002
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
Michaels Stores, Inc.	75,709		$2,831,517
Monro Muffler Brake, Inc.	6,185		190,869
Mothers Work, Inc. (a)	1,684		17,514
Movie Gallery, Inc.	14,422		71,100
New York & Co., Inc. (a)	5,028		85,677
O'Reilly Automotive, Inc. (a)	62,142		1,891,602
Pacific Sunwear of California, Inc. (a)	45,442		1,202,395
Party City Corp. (a)	4,304		73,641
Payless ShoeSource, Inc. (a)	38,064		869,762
PETCO Animal Supplies, Inc. (a)	22,280		473,004
PETsMART, Inc.	82,086		1,955,289
Pier 1 Imports, Inc.	38,531		489,344
Pomeroy IT Solutions, Inc. (a)	3,930		31,637
Rent-A-Center, Inc. (a)	39,099		764,385
Rent-Way, Inc. (a)	6,653		43,577
Restoration Hardware, Inc. (a)	8,795		51,451
Rex Stores Corp. (a)	2,776		41,335
Ross Stores, Inc.	82,891		2,279,503
Select Comfort Corp. (a)	20,930		501,692
Sharper Image Corp. (a)	4,600		46,690
Shoe Carnival, Inc. (a)	3,930		80,604
Sonic Automotive, Inc. Class A (sub. vtg.)	14,823		308,318
Sports Authority, Inc. (a)	15,457		486,432
Stage Stores, Inc.	14,554		435,310
Stein Mart, Inc.	15,865		274,465
Syms Corp.	3,930		55,531
Talbots, Inc.	13,392		364,530
The Bombay Company, Inc. (a)	12,084		47,853
The Buckle, Inc.	7,245		236,404
The Cato Corp. Class A (sub. vtg.)	25,770		556,632
The Children's Place Retail Stores, Inc. (a)	7,649		379,390
The Men's Wearhouse, Inc. (a)	28,255		827,872
The Pantry, Inc. (a)	12,174		500,351
The Pep Boys - Manny, Moe & Jack	29,619		425,033
Too, Inc. (a)	17,843		564,374
Tractor Supply Co. (a)	19,409		1,045,369
Trans World Entertainment Corp. (a)	16,560		108,137
Tweeter Home Entertainment Group, Inc. (a)	5,520		31,022
United Auto Group, Inc.	12,193		434,315
United Retail Group, Inc. (a)	2,807		28,940
Urban Outfitters, Inc. (a)	63,785		1,968,405
Volcom, Inc.	3,513		119,337
West Marine, Inc. (a)	7,073		93,929
Wet Seal, Inc. Class A (a)	7,568		37,991
Williams-Sonoma, Inc. (a)	52,039		2,257,972
Wilsons Leather Experts, Inc. (a)	22,999		102,346
Winmark Corp. (a)	2,614		56,306
	Shares		Value
Zale Corp. (a)	27,363		$763,428
Zumiez, Inc.	4,000		158,280
			59,501,705
Textiles, Apparel & Luxury Goods - 0.6%
Ashworth, Inc. (a)	4,840		41,188
Brown Shoe Co., Inc.	9,746		401,048
Carter's, Inc. (a)	9,051		553,469
Charles & Colvard Ltd.	4,420		119,163
Cherokee, Inc.	3,331		115,086
Columbia Sportswear Co. (a)	7,295		339,072
Culp, Inc. (a)	4,772		23,908
Cutter & Buck, Inc.	14,375		173,938
Deckers Outdoor Corp. (a)	4,587		105,639
Delta Apparel, Inc.	6,654		101,474
Delta Woodside Industries, Inc. (a)	200		112
Everlast Worldwide, Inc. (a)	200		1,740
Forward Industries, Inc. (NY Shares) (a)	5,267		94,121
Fossil, Inc. (a)	18,683		372,539
G-III Apparel Group Ltd. (a)	4,576		44,616
Hampshire Group Ltd. (a)	1,872		44,535
Hartmarx Corp. (a)	12,514		91,853
Iconix Brand Group, Inc. (a)	9,733		90,906
Innovo Group, Inc. (a)	3,410		4,263
K-Swiss, Inc. Class A	10,498		327,853
Kellwood Co.	14,721		340,350
Kenneth Cole Productions, Inc. Class A (sub. vtg.)	6,696		188,024
Mossimo, Inc. (a)	2,730		15,179
Movado Group, Inc.	6,936		127,969
Oxford Industries, Inc.	8,404		474,154
Perry Ellis International, Inc. (a)	2,111		42,494
Phillips-Van Heusen Corp.	19,708		667,904
Polo Ralph Lauren Corp. Class A	32,811		1,758,670
Quaker Fabric Corp. (a)	5,848		15,673
Quiksilver, Inc. (a)	63,408		778,650
Rocky Shoes Boots, Inc. (a)	2,631		62,960
Russell Corp.	20,101		318,199
Samsonite Corp. (a)	2,743		1,810
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)	9,818		146,877
Sport-Haley, Inc. (a)	100		477
Steven Madden Ltd.	3,930		107,014
Stride Rite Corp.	15,092		207,364
Superior Uniform Group, Inc.	4,343		47,773
Tandy Brands Accessories, Inc.	1,058		12,897
Tarrant Apparel Group (a)	9,692		11,630
Timberland Co. Class A (a)	31,923		1,056,332
True Religion Apparel, Inc. (a)	10,785		142,901
Unifi, Inc. (a)	31,529		90,488
Unifirst Corp.	7,281		224,983
Warnaco Group, Inc. (a)	23,486		577,051
Weyco Group, Inc.	9,210		177,845
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Textiles, Apparel & Luxury Goods - continued
Wolverine World Wide, Inc.	30,586		$664,328
Xerium Technologies, Inc.	8,793		78,082
			11,384,601
TOTAL CONSUMER DISCRETIONARY			292,869,555
CONSUMER STAPLES - 2.9%
Beverages - 0.1%
Boston Beer Co., Inc. Class A (a)	3,368		91,138
Coca-Cola Bottling Co. Consolidated	2,129		97,934
Hansen Natural Corp. (a)	8,124		630,829
MGP Ingredients, Inc.	3,212		36,199
National Beverage Corp. (a)	11,130		83,364
PepsiAmericas, Inc.	36,330		830,504
Vermont Pure Holdings Ltd. (a)	4,384		8,242
			1,778,210
Food & Staples Retailing - 0.7%
Arden Group, Inc. Class A	749		65,343
BJ's Wholesale Club, Inc. (a)	40,848		1,082,064
Casey's General Stores, Inc.	24,501		564,013
Central European Distribution Corp. (a)	5,516		241,104
Foodarama Supermarkets (a)	590		21,830
Fresh Brands, Inc. (a)	3,849		23,440
Ingles Markets, Inc. Class A	7,689		129,483
Longs Drug Stores Corp.	18,187		775,312
Marsh Supermarkets, Inc. Class B	3,767		40,345
Nash-Finch Co.	5,652		151,869
Pathmark Stores, Inc. (a)	20,086		216,125
Performance Food Group Co. (a)	25,594		726,870
Pricesmart, Inc. (a)	21,057		174,563
Rite Aid Corp. (a)	250,294		923,585
Ruddick Corp.	21,523		434,980
Smart & Final, Inc. (a)	8,436		113,886
Spartan Stores, Inc. (a)	7,298		73,053
The Great Atlantic & Pacific Tea Co. (a)	9,076		273,732
Topps Co., Inc.	25,992		206,376
United Natural Foods, Inc. (a)	16,102		452,144
Weis Markets, Inc.	6,612		278,365
Whole Foods Market, Inc.	35,083		5,167,024
Wild Oats Markets, Inc. (a)	12,280		148,342
			12,283,848
Food Products - 1.5%
Alico, Inc.	3,393		155,433
American Italian Pasta Co. Class A	10,263		63,528
Bridgford Foods Corp. (a)	4,789		33,619
Bunge Ltd.	60,430		3,233,005
Calavo Growers, Inc.	7,029		71,344
Chiquita Brands International, Inc.	20,132		418,746
Corn Products International, Inc.	42,678		949,586
Darling International, Inc. (a)	19,466		65,990
	Shares		Value
Dean Foods Co. (a)	83,965		$3,206,623
Del Monte Foods Co. (a)	114,417		1,130,440
Delta & Pine Land Co.	23,202		546,639
Dreyer's Grand Ice Cream Holdings, Inc.	17,484		1,445,927
Farmer Brothers Co.	6,050		123,239
Flowers Foods, Inc.	33,604		871,016
Fresh Del Monte Produce, Inc.	16,390		425,648
Galaxy Nutritional Foods, Inc. (a)	5,579		7,811
Gardenburger, Inc. (a)	5,600		45
Gold Kist, Inc. Delaware (a)	24,839		395,437
Green Mountain Coffee Roasters, Inc. (a)	2,713		111,287
Griffin Land & Nurseries, Inc. (a)	1,112		25,687
Hain Celestial Group, Inc. (a)	18,331		409,331
Hines Horticulture, Inc. (a)	5,290		19,838
Hormel Foods Corp.	43,807		1,436,870
J&J Snack Foods Corp.	4,166		253,043
John B. Sanfilippo & Son, Inc. (a)	4,719		64,697
Kraft Foods, Inc. Class A	143,675		4,157,955
Lancaster Colony Corp.	15,611		608,829
Lance, Inc.	14,940		274,000
Lifeway Foods, Inc. (a)	4,862		52,962
M&F Worldwide Corp. (a)	6,406		108,902
Maui Land & Pineapple, Inc. (a)	3,029		104,773
Monterey Gourmet Foods, Inc. (a)	4,304		18,550
Omega Protein Corp. (a)	5,131		30,940
Peet's Coffee & Tea, Inc. (a)	10,925		339,221
Pilgrims Pride Corp. Class B	21,492		687,744
Poore Brothers, Inc. (a)	3,448		11,827
Premium Standard Farms, Inc.	13,982		232,800
Ralcorp Holdings, Inc. (a)	15,354		640,108
Reddy Ice Holdings, Inc.	14,055		303,869
Sanderson Farms, Inc.	9,699		345,478
Seaboard Corp.	182		313,040
Smithfield Foods, Inc. (a)	46,653		1,363,667
Tasty Baking Co.	4,304		33,571
The J.M. Smucker Co.	35,506		1,610,197
Tootsie Roll Industries, Inc.	12,755		385,329
TreeHouse Foods, Inc. (a)	15,232		300,375
			27,388,966
Household Products - 0.2%
Central Garden & Pet Co. Class A (a)	8,965		394,639
Church & Dwight Co., Inc.	32,817		1,090,181
Energizer Holdings, Inc. (a)	37,363		1,969,404
Katy Industries, Inc. (a)	1,778		3,840
Oil-Dri Corp. of America	4,520		81,315
Spectrum Brands, Inc. (a)	19,299		347,382
WD-40 Co.	11,405		313,295
			4,200,056
Personal Products - 0.3%
Carrington Laboratories, Inc. (a)	5,146		22,385
Chattem, Inc. (a)	9,478		301,116
Elizabeth Arden, Inc. (a)	13,382		254,793
Estee Lauder Companies, Inc. Class A	74,786		2,468,686
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Personal Products - continued
Herbalife Ltd.	18,068		$523,069
Integrated Biopharma, Inc. (a)	2,198		8,792
Inter Parfums, Inc.	6,365		105,404
Mannatech, Inc.	7,829		102,090
MediFast, Inc. (a)	1,591		8,575
Natural Health Trends Corp. (a)	8,588		87,683
Nature's Sunshine Products, Inc.	4,464		82,182
NBTY, Inc. (a)	32,713		641,829
Nu Skin Enterprises, Inc. Class A	32,176		559,219
Parlux Fragrances, Inc. (a)	6,559		188,768
Playtex Products, Inc. (a)	21,944		307,216
Reliv International, Inc.	10,690		104,548
Revlon, Inc. Class A (sub. vtg.) (a)	66,788		166,970
Schiff Nutrition International, Inc. (a)	11,731		64,286
USANA Health Sciences, Inc. (a)	6,765		267,082
			6,264,693
Tobacco - 0.1%
Alliance One International, Inc.	44,284		135,509
Loews Corp. - Carolina Group	43,328		1,743,952
Star Scientific, Inc. (a)	16,374		42,572
Universal Corp.	14,549		587,489
Vector Group Ltd.	15,268		287,649
			2,797,171
TOTAL CONSUMER STAPLES			54,712,944
ENERGY - 7.7%
Energy Equipment & Services - 2.8%
Atwood Oceanics, Inc. (a)	8,251		585,738
Bronco Drilling Co., Inc.	5,081		124,485
Cal Dive International, Inc. (a)	20,975		1,522,995
Carbo Ceramics, Inc.	12,671		747,336
Cooper Cameron Corp. (a)	30,588		2,435,722
Dawson Geophysical Co. (a)	4,846		149,063
Diamond Offshore Drilling, Inc.	32,019		2,003,749
Dresser-Rand Group, Inc.	17,628		390,813
Dril-Quip, Inc. (a)	4,548		231,948
ENSCO International, Inc.	82,133		3,889,819
FMC Technologies, Inc. (a)	36,862		1,514,660
Global Industries Ltd. (a)	37,546		444,920
GlobalSantaFe Corp.	118,825		5,389,902
Grant Prideco, Inc. (a)	66,262		2,543,798
Grey Wolf, Inc. (a)	106,994		803,525
Gulf Island Fabrication, Inc.	3,684		91,547
Gulfmark Offshore, Inc. (a)	14,032		468,388
Hanover Compressor Co. (a)	56,748		767,233
Helmerich & Payne, Inc.	25,830		1,498,657
Hercules Offshore, Inc. (a)	333		8,951
Hornbeck Offshore Services, Inc. (a)	12,652		414,480
Hydril Co. (a)	10,009		641,577
Hyperdynamics Corp. (a)	30,744		52,265
	Shares		Value
Infinity Energy Resources, Inc. (a)	5,988		$40,838
Input/Output, Inc. (a)	34,941		259,961
Lone Star Technologies, Inc. (a)	16,419		804,531
Lufkin Industries, Inc.	7,580		339,205
Matrix Service Co. (a)	3,632		33,814
Maverick Tube Corp. (a)	26,611		1,012,549
Metretek Technologies, Inc. (a)	2,400		15,720
Mitcham Industries, Inc. (a)	400		5,876
NATCO Group, Inc. Class A (a)	10,044		233,021
Newpark Resources, Inc. (a)	63,182		463,124
NS Group, Inc. (a)	13,541		555,723
Oceaneering International, Inc. (a)	13,877		707,727
Offshore Logistics, Inc. (a)	10,557		323,572
Oil States International, Inc. (a)	18,420		627,385
Parker Drilling Co. (a)	59,292		565,053
Patterson-UTI Energy, Inc.	96,448		3,013,036
Petroleum Helicopters, Inc. (non-vtg.) (a)	5,544		154,955
Pioneer Drilling Co. (a)	18,500		324,120
Pride International, Inc. (a)	86,799		2,585,742
Royale Energy, Inc. (a)	5,582		37,176
RPC, Inc.	14,519		482,031
SEACOR Holdings, Inc. (a)	12,125		816,619
Smith International, Inc.	114,222		4,316,449
Superior Energy Services, Inc. (a)	42,731		930,254
Superior Well Services, Inc.	8,767		184,633
T-3 Energy Services, Inc. (a)	4,721		49,193
TETRA Technologies, Inc. (a)	18,894		553,594
Tidewater, Inc.	28,766		1,300,223
TODCO Class A	36,215		1,505,458
Trico Marine Services, Inc. (a)	6,800		169,388
Union Drilling, Inc.	667		9,712
Unit Corp. (a)	21,049		1,140,014
Universal Compression Holdings, Inc. (a)	14,960		604,085
Veritas DGC, Inc. (a)	16,554		541,316
W-H Energy Services, Inc. (a)	18,543		618,038
			52,045,706
Oil, Gas & Consumable Fuels - 4.9%
Abraxas Petroleum Corp. (a)	25,751		170,729
Adams Resources & Energy, Inc.	9,021		200,266
Alliance Resource Partners LP	6,950		276,610
Alon USA Energy, Inc.	14,033		274,064
Alpha Natural Resources, Inc.	18,886		453,642
APCO Argentina, Inc.	2,706		138,818
Arch Coal, Inc.	33,233		2,560,270
Arlington Tankers Ltd.	14,838		327,920
Atlas America, Inc. (a)	6,942		392,501
ATP Oil & Gas Corp. (a)	10,098		364,639
Barnwell Industries, Inc.	3,174		65,734
Berry Petroleum Co. Class A	9,887		564,053
Bill Barrett Corp.	19,676		772,283
Bois d'Arc Energy LLC	6,468		101,936
BP Prudhoe Bay Royalty Trust	8,577		560,164
BPZ Energy, Inc. (a)	464		1,856
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Brigham Exploration Co. (a)	34,475		$421,974
Buckeye Partners LP	8,566		373,563
Cabot Oil & Gas Corp.	27,367		1,155,161
Callon Petroleum Co. (a)	15,101		267,288
Carrizo Oil & Gas, Inc. (a)	12,276		310,951
Castle Energy Corp.	4,491		83,218
Chaparral Resources, Inc. (a)	13,947		73,919
Cheniere Energy, Inc. (a)	29,016		1,039,643
Chesapeake Energy Corp.	169,834		4,916,694
Cimarex Energy Co. (a)	47,136		1,834,062
Clayton Williams Energy, Inc. (a)	2,328		88,627
Comstock Resources, Inc. (a)	25,142		771,105
CONSOL Energy, Inc.	48,997		3,171,086
Copano Energy LLC	7,957		298,308
CREDO Petroleum Corp. (a)	2,128		38,453
Cross Timbers Royalty Trust	1,715		84,464
Crosstex Energy LP	846		28,595
Crosstex Energy, Inc.	7,425		485,372
Delta Petroleum Corp. (a)	21,147		340,467
Denbury Resources, Inc. (a)	57,802		1,308,637
Dorchester Minerals LP	6,550		173,182
Double Eagle Petroleum Co. (a)	8,444		164,911
Edge Petroleum Corp. (a)	6,928		169,459
Enbridge Energy Management LLC	2,770		130,744
Encore Acquisition Co. (a)	27,867		864,992
Energy Partners Ltd. (a)	21,381		494,756
Enterprise Products Partners LP	65,000		1,626,950
Forest Oil Corp. (a)	28,867		1,293,530
Foundation Coal Holdings, Inc.	21,806		775,639
Frontier Oil Corp.	34,956		1,317,142
FX Energy, Inc. (a)	24,929		285,686
General Maritime Corp.	21,480		829,987
Giant Industries, Inc. (a)	12,017		644,712
GMX Resources, Inc. (a)	6,855		189,267
Goodrich Petroleum Corp. (a)	12,161		278,365
GSV, Inc. (a)	700		126
Harken Energy Corp. (a)	45,664		27,398
Harvest Natural Resources, Inc. (a)	17,676		162,266
Holly Corp.	17,000		1,033,940
Holly Energy Partners LP	6,668		257,918
Houston Exploration Co. (a)	15,325		837,665
Hugoton Royalty Trust	8,323		300,044
Inergy LP	2,246		56,712
James River Coal Co. (a)	9,436		397,256
K-Sea Transn Partners L P	4,670		163,030
KCS Energy, Inc. (a)	25,968		679,063
KFX, Inc. (a)	34,555		437,121
Kinder Morgan Management LLC	29,047		1,391,351
Magellan Midstream Partners LP	6,924		222,607
Maritrans, Inc.	2,984		86,208
	Shares		Value
Markwest Energy Partners LP	1,943		$91,476
Markwest Hydrocarbon, Inc.	3,848		84,271
Massey Energy Co.	41,917		1,590,750
McMoRan Exploration Co. (a)	14,526		262,921
Meridian Resource Corp. (a)	34,825		143,479
National Energy Group, Inc. (a)	5,079		26,665
Natural Resource Partners LP	2,339		134,703
Newfield Exploration Co. (a)	68,755		3,180,606
NGAS Resources, Inc. (a)	16,181		182,522
Noble Energy, Inc.	92,690		3,463,825
OMI Corp.	45,574		884,136
Overseas Shipholding Group, Inc.	13,830		704,777
Pacific Energy Partners LP	2,620		77,735
Pacific Ethanol, Inc. (a)	10,539		113,505
Panhandle Royalty Co. Class A	7,221		228,978
Parallel Petroleum Corp. (a)	20,371		334,288
Peabody Energy Corp.	71,727		5,656,391
Penn Octane Corp. (a)	4,809		2,356
Penn Virginia Corp.	9,255		552,153
Penn Virginia Resource Partners LP	2,552		140,615
Petrohawk Energy Corp. (a)	30,755		409,349
Petroleum Development Corp. (a)	11,924		402,435
Petroquest Energy, Inc. (a)	30,204		275,763
Pioneer Natural Resources Co.	77,983		3,971,674
Plains Exploration & Production Co. (a)	42,624		1,807,258
Pogo Producing Co.	31,925		1,564,325
Quicksilver Resources, Inc. (a)	27,406		1,037,591
Range Resources Corp.	46,060		1,715,274
Remington Oil & Gas Corp. (a)	12,481		417,614
Rentech, Inc. (a)	68,016		210,850
Resource America, Inc. Class A	8,687		145,420
Rio Vista Energy Partners LP	601		2,771
Ship Finance International Ltd. (NY Shares)	20,000		366,000
Southwestern Energy Co. (a)	87,994		2,997,956
Spinnaker Exploration Co. (a)	15,465		1,009,401
St. Mary Land & Exploration Co.	30,174		1,074,798
Stone Energy Corp. (a)	16,100		714,840
Sunoco Logistics Partners LP	2,807		106,526
Swift Energy Co. (a)	16,337		754,606
Syntroleum Corp. (a)	20,072		161,981
TC Pipelines LP	5,010		160,320
Teekay Shipping Corp.	25,528		1,082,132
TEPPCO Partners LP	18,928		696,361
Tesoro Corp.	40,025		2,204,177
The Exploration Co. of Delaware, Inc. (a)	7,579		47,293
Toreador Resources Corp. (a)	8,042		183,277
Transmeridian Exploration, Inc. (a)	30,106		141,498
TransMontaigne, Inc. (a)	50,020		312,125
Ultra Petroleum Corp. (a)	84,401		4,539,086
USEC, Inc.	44,020		484,220
Valero LP	2,901		152,303
Vintage Petroleum, Inc.	30,184		1,581,038
W&T Offshore, Inc.	10,308		301,509
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Warren Resources, Inc.	27,804		$436,245
Western Gas Resources, Inc.	40,952		1,952,591
Westmoreland Coal Co. (a)	7,132		152,981
Whiting Petroleum Corp. New (a)	19,542		810,016
World Fuel Services Corp.	20,228		694,832
			92,543,687
TOTAL ENERGY			144,589,393
FINANCIALS - 24.4%
Capital Markets - 1.6%
A.G. Edwards, Inc.	44,184		1,947,189
Affiliated Managers Group, Inc. (a)	16,926		1,334,446
Ameritrade Holding Corp. (a)	149,765		3,498,510
BlackRock, Inc. Class A	9,997		1,078,076
Calamos Asset Management, Inc. Class A	11,109		301,054
Cohen & Steers, Inc.	6,504		118,958
Eaton Vance Corp. (non-vtg.)	71,805		1,973,201
Epoch Holding Corp. (a)	5,333		34,665
FirstCity Financial Corp. (a)	5,260		60,806
GAMCO Investors, Inc. Class A	2,893		131,053
GFI Group, Inc.	3,376		150,367
Greenhill & Co., Inc.	4,473		245,523
Investment Technology Group, Inc. (a)	25,418		988,506
Investors Financial Services Corp.	39,440		1,488,860
JB Oxford Holdings, Inc. (a)	1,070		2,033
Jefferies Group, Inc.	27,190		1,196,632
Knight Capital Group, Inc. Class A (a)	59,952		606,714
LaBranche & Co., Inc. (a)	36,155		386,135
Ladenburg Thalmann Financial Services, Inc. (a)	3,489		1,919
Legg Mason, Inc.	59,483		7,295,590
MarketAxess Holdings, Inc.	14,835		181,135
Nuveen Investments, Inc. Class A	31,689		1,313,826
Olympic Cascade Financial Corp. (a)	1,000		800
optionsXpress Holdings, Inc.	23,257		570,029
Piper Jaffray Companies (a)	10,319		410,077
Raymond James Financial, Inc.	36,021		1,305,401
Sanders Morris Harris Group, Inc.	8,833		150,779
SEI Investments Co.	39,230		1,602,546
Siebert Financial Corp. (a)	7,668		20,934
Stifel Financial Corp. (a)	3,778		141,448
SWS Group, Inc.	12,863		265,235
TradeStation Group, Inc. (a)	23,223		276,586
W.P. Stewart & Co. Ltd.	19,230		480,750
Waddell & Reed Financial, Inc. Class A	48,955		1,044,700
Westwood Holdings Group, Inc.	3,071		56,076
			30,660,559
Commercial Banks - 5.2%
1st Source Corp.	6,554		165,620
	Shares		Value
ABC Bancorp	12,734		$256,208
Abigail Adams National Bancorp, Inc.	3,050		44,042
Alabama National Bancorp, Delaware	8,370		554,931
Amcore Financial, Inc.	13,595		425,116
Amegy Bancorp, Inc.	41,092		981,277
American National Bankshares, Inc.	2,434		54,838
AmericanWest Bancorp (a)	1,852		42,689
AmeriServ Financial, Inc. (a)	8,597		41,266
Arrow Financial Corp.	5,947		167,408
Associated Banc-Corp.	67,028		2,197,178
Banc Corp. (a)	13,693		161,851
BancFirst Corp.	2,840		226,376
BancorpSouth, Inc.	44,288		1,005,780
BancTrust Financial Group, Inc.	4,917		99,225
Bank of Granite Corp.	5,074		97,421
Bank of Hawaii Corp.	28,723		1,482,394
Bank of the Ozarks, Inc.	5,292		196,333
BankFinancial Corp.	14,566		214,266
Banner Corp.	3,953		124,678
Bar Harbor Bankshares	2,569		68,207
Bay View Capital Corp.	10,319		173,050
BOK Financial Corp.	14,930		710,220
Boston Private Financial Holdings, Inc.	15,145		469,495
Bryn Mawr Bank Corp.	2,058		44,350
Camden National Corp.	3,305		117,955
Capital Bank Corp.	4,787		72,284
Capital City Bank Group, Inc.	9,046		347,909
Capital Corp. of the West	4,467		154,380
Capitol Bancorp Ltd.	9,607		358,918
Cardinal Financial Corp.	17,899		195,994
Cascade Bancorp	8,012		188,602
Cascade Financial Corp.	7,932		145,473
Cathay General Bancorp	22,701		862,638
Cavalry Bancorp, Inc.	1,123		27,435
Centennial Bank Holdings, Inc., Delaware (a)	28,160		349,184
Center Bancorp, Inc.	9,529		103,676
Central Coast Bancorp (a)	12,300		302,826
Central Pacific Financial Corp.	15,355		561,993
Century Bancorp, Inc. Class A (non-vtg.)	2,001		60,030
Chemical Financial Corp.	13,177		425,881
Chittenden Corp.	26,827		798,640
Citizens & Northern Corp.	6,563		183,436
Citizens Banking Corp., Michigan	19,376		573,336
City Holding Co.	8,606		313,947
City National Corp.	22,774		1,663,185
CoBiz, Inc.	10,647		202,506
Colonial Bancgroup, Inc.	85,371		2,126,592
Columbia Bancorp	5,663		233,372
Columbia Banking Systems, Inc.	9,470		273,210
Commerce Bancorp, Inc., New Jersey	86,405		2,910,984
Commerce Bancshares, Inc.	38,296		1,981,818
Commercial Bankshares, Inc.	2,677		101,351
Community Bancorp, Inc.	3,266		112,024
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
Community Bank of Nevada	3,329		$107,760
Community Bank System, Inc.	16,667		401,008
Community Banks, Inc.	19,069		559,484
Community Bankshares, Inc., South Carolina	3,531		58,791
Community Trust Bancorp, Inc.	8,277		272,313
Cullen/Frost Bankers, Inc.	27,803		1,497,470
CVB Financial Corp.	29,427		592,660
East West Bancorp, Inc.	30,536		1,155,482
Eastern Virgina Bankshares, Inc.	3,012		63,315
Enterprise Financial Services Corp.	9,184		207,650
Exchange National Bancshares, Inc.	655		19,408
Farmers Capital Bank Corp.	5,002		161,815
Fidelity Southern Corp.	4,918		86,360
Financial Institutions, Inc.	5,570		112,458
First Bancorp, North Carolina	11,778		259,469
First Bancorp, Puerto Rico	42,880		518,848
First Charter Corp.	16,428		411,357
First Citizen Bancshares, Inc.	2,716		509,169
First Commonwealth Financial Corp.	42,191		569,157
First Community Bancorp, California	8,732		451,968
First Financial Bancorp, Ohio	25,729		495,283
First Financial Bankshares, Inc.	12,289		457,028
First Financial Corp., Indiana	6,060		165,923
First Indiana Corp.	5,116		178,804
First M&F Corp.	842		28,839
First Mariner Bancorp, Inc. (a)	999		17,702
First Merchants Corp.	13,779		356,463
First Midwest Bancorp, Inc., Delaware	25,440		952,219
First Oak Brook Bancshares, Inc.	3,857		106,685
First of Long Island Corp.	936		42,120
First Regional Bancorp (a)	1,346		95,781
First Republic Bank, California	13,861		537,391
First South Bancorp, Inc., Virginia	3,944		149,872
First State Bancorp.	6,080		150,419
First United Corp.	5,930		119,356
FirstMerit Corp.	45,831		1,221,854
Flag Financial Corp.	1,310		21,091
FNB Corp., North Carolina	842		15,265
FNB Corp., Pennsylvania	33,467		613,450
FNB Corp., Virginia	3,618		111,615
FNB Financial Services Corp.	4,785		75,316
Foothill Independent Bancorp	4,225		101,231
Frontier Financial Corp., Washington	15,992		517,821
Fulton Financial Corp.	85,354		1,483,453
German American Bancorp	5,749		77,554
Glacier Bancorp, Inc.	21,982		723,647
Gold Banc Corp., Inc.	22,069		399,449
Great Southern Bancorp, Inc.	5,120		155,699
Greater Bay Bancorp	32,296		860,365
Greater Community Bancorp	4,313		63,617
	Shares		Value
Hancock Holding Co.	15,250		$586,820
Hanmi Financial Corp.	30,770		573,245
Harleysville National Corp., Pennsylvania	14,797		312,513
Harrington West Financial Group, Inc.	4,000		65,720
Heritage Commerce Corp.	8,124		178,403
Hudson United Bancorp	24,884		1,047,616
IBERIABANK Corp.	4,708		258,516
Independent Bank Corp., Massachusetts	11,103		324,541
Independent Bank Corp., Michigan	12,296		358,674
Integra Bank Corp.	9,801		210,231
Interchange Financial Services Corp.	11,917		214,387
International Bancshares Corp.	27,966		838,980
Irwin Financial Corp.	8,888		201,047
Lakeland Financial Corp.	5,206		226,201
Leesport Financial Corp.	1,861		43,183
LSB Bancshares, Inc.	6,571		117,292
Main Street Banks, Inc.	7,229		200,749
MainSource Financial Group, Inc.	14,638		264,801
MB Financial, Inc.	13,779		517,539
Mercantile Bank Corp.	7,973		318,920
Mercantile Bankshares Corp.	43,228		2,568,175
Merchants Bancshares, Inc.	2,649		68,874
Merrill Merchants Bancshares, Inc.	2,431		59,803
Metrocorp Bancshares, Inc.	2,855		77,942
Mid-State Bancshares	14,138		394,592
Midsouth Bancorp, Inc.	2,653		71,313
Midwest Banc Holdings, Inc.	7,162		161,790
MidWestOne Financial Group, Inc.	3,499		65,781
Nara Bancorp, Inc.	10,184		190,644
National Penn Bancshares, Inc.	24,206		498,402
NBT Bancorp, Inc.	20,369		465,839
North Valley Bancorp	4,804		84,214
Northern Empire Bancshares	3,115		83,638
Northern States Financial Corp.	2,836		53,459
Northrim Bancorp, Inc.	936		22,511
Oak Hill Financial, Inc.	1,403		46,299
Ohio Valley Banc Corp.	6,000		150,300
Old National Bancorp, Indiana	38,341		839,668
Old Second Bancorp, Inc.	8,393		278,564
Omega Financial Corp.	7,364		215,986
Oriental Financial Group, Inc.	11,839		157,340
PAB Bankshares, Inc.	1,403		25,184
Pacific Capital Bancorp	25,368		946,734
Pacific Mercantile Bancorp (a)	7,285		124,501
Park National Corp.	6,388		671,059
Peapack-Gladstone Financial Corp.	4,448		127,168
Pennsylvania Communication Bancorp, Inc. (a)	3,180		105,067
Peoples Bancorp, Inc.	5,422		157,346
Peoples Banctrust Co., Inc.	1,053		17,270
Peoples Financial Corp., Mississippi	4,312		73,304
Placer Sierra Bancshares	6,716		191,406
Popular, Inc.	135,456		3,004,414
Preferred Bank, Los Angeles California	100		4,385
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
Premier Community Bankshares, Inc.	1,057		$21,616
Princeton National Bancorp, Inc.	2,512		83,398
PrivateBancorp, Inc.	10,376		382,771
Prosperity Bancshares, Inc.	13,659		417,965
Provident Bankshares Corp.	16,994		605,666
Renasant Corp.	9,680		307,437
Republic Bancorp, Inc.	41,826		519,479
Republic Bancorp, Inc., Kentucky Class A	7,350		150,969
Republic First Bancorp, Inc.	5,968		72,511
Royal Bancshares of Pennsylvania, Inc. Class A	2,432		58,149
S&T Bancorp, Inc.	13,933		535,585
S.Y. Bancorp, Inc.	6,456		154,105
Sandy Spring Bancorp, Inc.	10,316		382,105
Santander Bancorp	1,969		53,045
Savannah Bancorp, Inc.	3,165		116,947
Seacoast Banking Corp., Florida	7,060		171,417
Security Bank Corp., Georgia	7,718		192,487
Shore Bancshares, Inc.	3,876		128,218
Signature Bank, New York (a)	11,750		338,283
Simmons First National Corp. Class A	5,718		160,218
Sky Financial Group, Inc.	63,796		1,893,465
South Financial Group, Inc.	41,724		1,237,951
Southwest Bancorp, Inc., Oklahoma	9,075		204,823
Southwest Georgia Financial Corp.	2,582		56,029
State Bancorp, Inc., New York	2,592		47,615
Sterling Bancorp, New York	16,378		326,905
Sterling Bancshares, Inc.	29,025		452,500
Sterling Financial Corp., Pennsylvania	15,767		334,103
Sterling Financial Corp., Washington	17,691		461,735
Suffolk Bancorp	7,466		248,468
Summit Bancshares, Inc.	5,340		98,042
Summit Bank Corp., Georgia	3,888		62,208
Summit Financial Group, Inc.	1,800		43,218
Sun Bancorp, Inc., New Jersey	4,957		98,297
Susquehanna Bancshares, Inc., Pennsylvania	27,587		676,433
SVB Financial Group (a)	21,275		1,023,115
TCF Financial Corp.	70,203		1,927,774
TD Banknorth, Inc.	45,593		1,353,200
Temecula Valley Bancorp, Inc. (a)	11,685		264,081
Texas Capital Bancshares, Inc. (a)	12,023		290,235
Texas Regional Bancshares, Inc. Class A	25,734		750,146
TIB Financial Corp.	3,327		107,628
Tompkins Trustco, Inc.	4,081		184,461
Trico Bancshares	7,477		177,055
Trustco Bank Corp., New York	46,945		609,346
Trustmark Corp.	32,201		920,949
UCBH Holdings, Inc.	52,822		931,780
UMB Financial Corp.	9,378		622,512
Umpqua Holdings Corp.	22,311		589,457
	Shares		Value
Union Bankshares Corp.	5,956		$286,901
UnionBanCal Corp.	29,099		2,013,651
United Bankshares, Inc., West Virginia	24,718		934,093
United Community Banks, Inc., Georgia	19,734		563,406
Unizan Financial Corp.	12,257		322,727
USB Holding Co., Inc.	8,800		191,840
Valley National Bancorp	64,726		1,594,201
Vineyard National Bancorp	9,652		281,549
Virginia Commerce Bancorp, Inc. (a)	6,686		196,435
Washington Banking Co., Oak Harbor	3,760		67,078
Washington Trust Bancorp, Inc.	6,961		195,117
WesBanco, Inc.	12,467		398,944
West Coast Bancorp, Oregon	13,366		352,194
Westamerica Bancorp.	20,890		1,141,430
Westbank Corp.	2,759		42,020
Westcorp	11,604		780,253
Western Alliance Bancorp.	5,549		162,919
Whitney Holding Corp.	36,345		1,064,909
Wilber Corp.	9,865		110,192
Wilmington Trust Corp., Delaware	36,911		1,494,526
Wilshire Bancorp, Inc.	23,616		401,708
Wintrust Financial Corp.	12,853		722,082
Yardville National Bancorp	4,169		145,540
			97,237,019
Consumer Finance - 0.4%
ACE Cash Express, Inc. (a)	6,892		164,236
Advance America Cash Advance Centers, Inc.	30,466		379,302
Advanta Corp. Class A	12,705		389,154
AmeriCredit Corp. (a)	82,256		2,039,949
Asta Funding, Inc.	7,785		192,912
Cash America International, Inc.	15,145		343,034
Collegiate Funding Services, Inc. (a)	7,480		114,145
CompuCredit Corp. (a)	20,341		794,723
Consumer Portfolio Services, Inc. (a)	11,918		68,886
Dollar Financial Corp.	1,700		20,213
EZCORP, Inc. Class A (a)	2,928		44,066
First Cash Financial Services, Inc. (a)	5,613		162,777
First Marblehead Corp.	17,867		603,905
Metris Companies, Inc. (a)	35,281		528,862
Nelnet, Inc. Class A (a)	11,001		418,588
QC Holdings, Inc. (a)	10,421		124,218
Rewards Network, Inc. (a)	5,988		34,491
Student Loan Corp.	2,056		434,042
United Panam Financial Corp. (a)	5,347		125,280
WFS Financial, Inc. (a)	2,896		224,788
World Acceptance Corp. (a)	9,975		274,712
			7,482,283
Diversified Financial Services - 0.7%
Alliance Capital Management Holding LP	8,379		457,074
Ampal-American Israel Corp. Class A (a)	4,585		17,744
Asset Acceptance Capital Corp. (a)	7,917		161,586
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Diversified Financial Services - continued
California First National Bancorp	4,060		$51,440
CapitalSource, Inc. (a)	44,602		1,065,988
Catskill Litigation Trust	1,036		0
CBOT Holdings, Inc. Class A	2,047		198,047
Chicago Mercantile Exchange Holdings, Inc. Class A	15,155		5,367,143
Encore Capital Group, Inc. (a)	7,962		130,418
eSpeed, Inc. Class A (a)	22,397		191,942
EuroBancshares, Inc. (a)	10,674		134,919
Financial Federal Corp.	11,630		470,085
Finova Group, Inc. (a)	22,736		1,319
First Albany Companies, Inc.	2,377		16,140
Instinet Group, Inc.	79,136		401,220
International Securities Exchange, Inc. Class A	19,178		567,669
Leucadia National Corp.	45,128		2,138,165
Marlin Business Services Corp. (a)	6,748		153,247
Medallion Financial Corp.	18,998		190,550
MicroFinancial, Inc.	5,166		18,029
NCP Litigation Trust (a)	200		0
Newtek Business Services, Inc. (a)	5,503		8,640
Primus Guaranty Ltd. (a)	21,499		213,700
The Nasdaq Stock Market, Inc. (a)	36,000		1,408,680
			13,363,745
Insurance - 7.1%
21st Century Holding Co.	1,797		24,260
21st Century Insurance Group	10,709		183,124
Affirmative Insurance Holdings, Inc.	11,382		153,657
Alfa Corp.	25,874		450,984
Alleghany Corp.	2,708		796,667
Allmerica Financial Corp.	30,056		1,200,737
American Equity Investment Life Holding Co.	22,474		264,294
American Financial Group, Inc., Ohio	19,020		706,593
American Independence Corp. (a)	3,087		33,463
American National Insurance Co.	9,184		1,075,814
American Physicians Capital, Inc. (a)	8,485		385,643
AmerUs Group Co.	19,058		1,119,276
Arch Capital Group Ltd. (a)	16,801		881,380
Argonaut Group, Inc. (a)	18,674		593,833
Arthur J. Gallagher & Co.	54,379		1,655,841
Aspen Insurance Holdings Ltd.	26,502		663,345
Assurant, Inc.	64,288		2,836,387
Assured Guaranty Ltd.	27,591		726,195
Atlantic American Corp. (a)	10,720		27,486
Axis Capital Holdings Ltd.	65,458		1,982,068
Baldwin & Lyons, Inc. Class B	3,866		96,921
Berkshire Hathaway, Inc. Class A (a)	573		51,220,413
Bristol West Holdings, Inc.	9,584		177,592
Brown & Brown, Inc.	61,376		1,790,952
Capital Title Group, Inc.	3,610		22,310
	Shares		Value
Ceres Group, Inc. (a)	14,502		$72,510
Citizens, Inc. Class A	9,969		53,035
Clark, Inc.	7,815		110,426
CNA Financial Corp. (a)	16,399		558,386
CNA Surety Corp. (a)	12,254		180,992
Commerce Group, Inc., Massachusetts	18,229		1,058,376
Conseco, Inc. (a)	88,975		1,994,820
Covanta Holding Corp. (a)	61,751		805,233
Crawford & Co. Class B	11,783		70,698
Delphi Financial Group, Inc. Class A	15,115		716,149
Direct General Corp.	16,682		285,095
Donegal Group, Inc. Class B	5,785		138,782
EMC Insurance Group	12,011		234,935
Endurance Specialty Holdings Ltd.	30,530		1,051,759
Erie Indemnity Co. Class A	17,147		908,791
Everest Re Group Ltd.	30,972		3,255,777
FBL Financial Group, Inc. Class A	8,164		255,941
Fidelity National Financial, Inc.	83,161		3,145,149
Fidelity National Title Group, Inc. Class A	14,553		331,808
First Acceptance Corp. (a)	24,679		250,739
First American Corp., California	45,138		2,123,743
FPIC Insurance Group, Inc. (a)	7,567		286,638
Gainsco, Inc. (a)	800		5,240
Genworth Financial, Inc. Class A (non-vtg.)	120,645		4,156,220
Great American Financial Resources, Inc.	4,585		92,296
Harleysville Group, Inc.	11,446		312,590
HCC Insurance Holdings, Inc.	53,718		1,641,085
Hilb Rogal & Hobbs Co.	16,155		629,722
Horace Mann Educators Corp.	25,370		480,508
Independence Holding Co.	5,623		101,158
Infinity Property & Casualty Corp.	12,293		454,226
Investors Title Co.	1,641		70,547
IPC Holdings Ltd.	25,914		756,689
Kansas City Life Insurance Co.	3,631		183,293
KMG America Corp.	12,545		109,769
LandAmerica Financial Group, Inc.	9,553		618,557
Markel Corp. (a)	5,269		1,671,590
Max Re Capital Ltd.	22,788		608,440
Meadowbrook Insurance Group, Inc. (a)	9,169		59,599
Mercer Insurance Group, Inc. (a)	5,069		72,233
Merchants Group, Inc.	2,177		64,004
Mercury General Corp.	13,771		816,620
Montpelier Re Holdings Ltd.	42,831		840,773
National Financial Partners Corp.	18,798		956,630
National Security Group, Inc.	2,778		45,309
National Western Life Insurance Co. Class A	916		201,520
Nationwide Financial Services, Inc. Class A (sub. vtg.)	31,141		1,312,593
Navigators Group, Inc. (a)	5,206		210,374
Nymagic, Inc.	2,755		70,859
Odyssey Re Holdings Corp.	6,991		179,249
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Insurance - continued
Ohio Casualty Corp.	34,072		$1,008,531
Old Republic International Corp.	91,437		2,433,139
PartnerRe Ltd.	28,653		1,956,427
Penn Treaty American Corp. (a)	982		9,810
Philadelphia Consolidated Holdings Corp. (a)	10,089		977,725
Phoenix Companies, Inc.	56,405		767,108
Platinum Underwriters Holdings Ltd.	25,632		780,751
PMA Capital Corp. Class A (a)	7,234		64,238
Presidential Life Corp.	14,950		288,386
ProAssurance Corp. (a)	15,526		772,884
ProCentury Corp.	9,119		96,753
Protective Life Corp.	34,723		1,534,062
PXRE Group Ltd.	24,287		309,174
Quotesmith.com, Inc. (a)	779		2,181
Reinsurance Group of America, Inc.	17,461		825,556
RenaissanceRe Holdings Ltd.	39,275		1,764,626
RLI Corp.	15,615		815,103
RTW, Inc. (a)	655		6,674
Safety Insurance Group, Inc.	9,803		393,198
Scottish Re Group Ltd.	25,919		653,936
SCPIE Holding, Inc. (a)	1,965		40,479
Selective Insurance Group, Inc.	16,312		912,983
Specialty Underwriters' Alliance, Inc.	14,899		96,248
StanCorp Financial Group, Inc.	14,504		1,494,492
State Auto Financial Corp.	6,485		223,279
Stewart Information Services Corp.	9,893		500,190
The Midland Co.	5,577		210,811
Tower Group, Inc.	6,299		127,240
Transatlantic Holdings, Inc.	14,067		983,987
UICI	15,685		558,700
Unico American Corp. (a)	2,607		23,437
United Fire & Casualty Co.	10,429		476,605
Unitrin, Inc.	24,010		1,138,074
Universal American Financial Corp. (a)	21,286		314,181
USI Holdings Corp. (a)	16,821		235,494
Vesta Insurance Group, Inc. (a)	11,476		11,476
W.R. Berkley Corp.	59,645		2,780,650
Wesco Financial Corp.	832		298,688
White Mountains Insurance Group Ltd.	4,449		2,706,772
Zenith National Insurance Corp.	12,673		600,700
			132,875,458
Real Estate - 7.2%
Aames Investment Corp., Maryland	29,126		174,756
Acadia Realty Trust (SBI)	15,258		312,484
Affordable Residential Communties, Inc.	25,798		230,118
Agree Realty Corp.	3,217		90,945
Alexanders, Inc. (a)	1,399		352,128
Alexandria Real Estate Equities, Inc.	10,967		921,228
AMB Property Corp. (SBI)	44,130		2,063,519
American Campus Communities, Inc.	9,838		247,622
	Shares		Value
American Financial Realty Trust (SBI)	72,622		$907,775
American Home Mortgage Investment Corp.	25,552		758,639
American Land Lease, Inc.	4,333		102,692
American Mortgage Acceptance Co.	4,770		68,593
American Real Estate Partners LP	11,925		392,333
American Realty Investments, Inc. (a)	1,965		18,373
AmeriVest Properties, Inc. (a)	10,370		41,895
AMLI Residential Properties Trust (SBI)	19,545		734,501
Annaly Mortgage Management, Inc.	63,121		741,672
Anthracite Capital, Inc.	32,496		352,257
Anworth Mortgage Asset Corp.	34,106		270,802
Arbor Realty Trust, Inc.	9,197		248,135
Arden Realty, Inc.	35,665		1,622,044
Ashford Hospitality Trust, Inc.	31,094		331,773
Associated Estates Realty Corp.	8,335		76,265
AvalonBay Communities, Inc.	37,810		3,457,725
Bedford Property Investors, Inc.	11,464		263,672
Bimini Mortgage Management, Inc.	11,595		106,674
BioMed Realty Trust, Inc.	25,287		649,117
BNP Residential Properties, Inc.	5,592		82,762
BNS Holding, Inc. Class A (a)	20		123
Boston Properties, Inc.	58,997		4,437,164
Boykin Lodging Co. (a)	7,111		85,332
Brandywine Realty Trust (SBI)	28,997		840,333
BRE Properties, Inc. Class A	25,956		1,208,511
BRT Realty Trust	3,818		86,287
Camden Property Trust (SBI)	25,500		1,504,500
Capital Automotive (REIT) (SBI)	23,016		889,108
Capital Lease Funding, Inc.	14,178		139,370
Capital Trust, Inc. Class A	7,202		220,741
Capstead Mortgage Corp.	5,005		31,331
CarrAmerica Realty Corp.	33,301		1,175,525
CB Richard Ellis Group, Inc. Class A (a)	27,219		1,510,655
CBL & Associates Properties, Inc.	30,132		1,212,813
Cedar Shopping Centers, Inc.	28,684		394,405
CenterPoint Properties Trust (SBI)	26,073		1,191,275
Colonial Properties Trust (SBI)	27,483		1,207,328
Columbia Equity Trust, Inc.	18,406		266,703
Commercial Net Lease Realty, Inc.	30,094		609,704
Consolidated-Tomoka Land Co.	2,587		166,577
Corporate Office Properties Trust (SBI)	18,017		650,053
Correctional Properties Trust	8,745		251,506
Cousins Properties, Inc.	26,372		734,196
Crescent Real Estate Equities Co.	51,838		1,076,675
Criimi Mae, Inc. (a)	4,835		95,588
Deerfield Triarc Capital Corp.	26,441		375,727
Developers Diversified Realty Corp.	56,969		2,580,696
DiamondRock Hospitality Co.	12,035		144,420
Digital Realty Trust, Inc.	17,715		398,233
Duke Realty Corp.	79,219		2,693,446
Eagle Hospitality Properties Trust, Inc.	18,912		146,379
Eastgroup Properties, Inc.	14,682		662,599
ECC Capital Corp.	32,592		97,776
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate - continued
Education Realty Trust, Inc.	12,344		$154,177
Entertainment Properties Trust (SBI)	14,682		628,096
Equity Inns, Inc.	34,751		476,784
Equity Lifestyle Properties, Inc.	11,921		552,658
Equity One, Inc.	18,969		450,703
Essex Property Trust, Inc.	11,308		1,036,944
Extra Space Storage, Inc.	11,562		176,205
Federal Realty Investment Trust (SBI)	27,096		1,706,506
FelCor Lodging Trust, Inc.	21,248		360,791
Feldman Mall Properties, Inc.	12,239		111,008
Fieldstone Investment Corp.	21,000		235,200
First Industrial Realty Trust, Inc.	25,124		1,021,291
First Potomac Realty Trust	9,520		263,228
First Union Real Estate Equity & Mortgage Investments (SBI) (a)	1,011		4,944
Forest City Enterprises, Inc. Class A	33,228		1,291,905
Franklin Street Properties Corp.	31,084		643,439
Friedman, Billings, Ramsey Group, Inc. Class A	92,162		980,604
General Growth Properties, Inc.	121,783		5,555,740
Getty Realty Corp.	9,382		252,094
Gladstone Commercial Corp.	1,684		28,140
Glenborough Realty Trust, Inc.	29,024		550,585
Glimcher Realty Trust	18,529		475,825
Global Signal, Inc.	8,543		370,339
GMH Communities Trust	21,223		319,831
Government Properties Trust, Inc.	17,885		161,502
Gramercy Capital Corp.	9,940		233,093
Grubb & Ellis Co. (a)	700		4,970
Health Care Property Investors, Inc.	72,566		1,906,309
Health Care REIT, Inc.	28,420		977,648
Healthcare Realty Trust, Inc.	26,581		930,867
Heritage Property Investment Trust, Inc.	19,776		665,462
Hersha Hospitality Trust	18,712		172,525
Highland Hospitality Corp.	44,191		477,705
Highwoods Properties, Inc. (SBI)	32,711		943,058
Home Properties of New York, Inc.	21,868		910,365
HomeBanc Mortgage Corp., Georgia	30,699		240,987
Hospitality Properties Trust (SBI)	32,552		1,340,817
Host Marriott Corp.	177,521		3,177,626
HRPT Properties Trust (SBI)	119,750		1,310,065
Impac Mortgage Holdings, Inc.	38,183		439,105
Inland Real Estate Corp.	36,867		548,581
Innkeepers USA Trust (SBI)	24,065		419,694
Investors Real Estate Trust	30,237		284,530
iStar Financial, Inc.	57,459		2,135,176
JER Investments Trust, Inc.	22,756		364,096
Jones Lang LaSalle, Inc.	17,355		867,403
Kilroy Realty Corp.	16,871		1,039,254
Kimco Realty Corp.	112,678		3,543,723
Kite Realty Group Trust	13,413		209,645
	Shares		Value
KKR Financial Corp.	17,100		$406,125
LaSalle Hotel Properties (SBI)	14,856		500,053
Lexington Corporate Properties Trust	36,080		768,143
Liberty Property Trust (SBI)	42,289		1,795,591
LTC Properties, Inc.	19,272		394,691
Luminent Mortgage Capital, Inc.	17,808		142,464
Mack-Cali Realty Corp.	29,390		1,298,156
Maguire Properties, Inc.	22,925		733,600
MeriStar Hospitality Corp. (a)	47,613		466,131
MFA Mortgage Investments, Inc.	38,509		234,905
Mid-America Apartment Communities, Inc.	13,893		674,783
Mission West Properties, Inc.	23,945		241,126
Monmouth Real Estate Investment Corp. Class A	9,627		76,920
MortgageIT Holdings, Inc.	11,005		145,486
National Health Investors, Inc.	15,612		431,672
National Health Realty, Inc.	2,339		45,306
Nationwide Health Properties, Inc.	41,218		937,710
New Century Financial Corp.	29,478		1,066,219
New Plan Excel Realty Trust	52,848		1,262,010
New York Mortgage Trust, Inc.	18,314		105,489
Newcastle Investment Corp.	26,945		731,018
NorthStar Realty Finance Corp.	19,589		180,415
Novastar Financial, Inc.	15,425		431,746
Omega Healthcare Investors, Inc.	30,486		366,442
One Liberty Properties, Inc.	4,885		93,304
Origen Financial, Inc.	17,799		120,499
Pan Pacific Retail Properties, Inc.	19,387		1,304,745
Parkway Properties, Inc.	7,044		294,439
Pennsylvania (REIT) (SBI)	19,482		719,470
PMC Commercial Trust	6,561		80,044
Post Properties, Inc.	23,070		933,412
Prentiss Properties Trust (SBI)	24,851		1,018,891
PS Business Parks, Inc.	10,667		502,416
RAIT Investment Trust (SBI)	14,366		377,538
Ramco-Gershenson Properties Trust (SBI)	10,459		286,890
Rayonier, Inc.	38,586		1,533,408
Realty Income Corp.	51,076		1,156,361
Reckson Associates Realty Corp.	42,753		1,570,318
Redwood Trust, Inc.	13,217		570,181
Regency Centers Corp.	30,554		1,773,660
Saul Centers, Inc.	5,254		195,817
Saxon Capital, Inc.	24,875		298,500
Senior Housing Properties Trust (SBI)	33,128		623,138
Shurgard Storage Centers, Inc. Class A	25,213		1,475,465
Sizeler Property Investors, Inc.	6,607		84,570
SL Green Realty Corp.	19,494		1,439,632
Sovran Self Storage, Inc.	11,587		574,715
Spirit Finance Corp.	37,400		430,100
Strategic Hotel Capital, Inc.	14,166		261,646
Stratus Properties, Inc. (a)	2,986		59,845
Sun Communities, Inc.	15,926		487,336
Sunset Financial Resources, Inc.	21,053		173,687
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate - continued
Sunstone Hotel Investors, Inc.	23,914		$605,024
Supertel Hospitality, Inc., Maryland	13,197		63,082
Tanger Factory Outlet Centers, Inc.	15,264		419,607
Tarragon Corp. (a)	4,561		90,627
Taubman Centers, Inc.	23,304		816,106
Tejon Ranch Co. (a)	5,055		209,024
The Macerich Co.	31,104		2,114,450
The Mills Corp.	29,755		1,276,490
The St. Joe Co.	39,103		2,596,439
Thomas Properties Group, Inc.	9,183		111,114
Thornburg Mortgage, Inc. (SBI)	61,152		1,614,413
Town & Country Trust	12,547		363,863
Trammell Crow Co. (a)	20,383		527,104
Transcontinental Realty Investors, Inc. (a)	1,497		27,784
Trizec Properties, Inc.	52,562		1,181,594
Trustreet Properties, Inc.	36,989		578,508
U-Store-It Trust	25,925		550,129
United Capital Corp. (a)	2,068		50,625
United Dominion Realty Trust, Inc. (SBI)	78,107		1,748,816
United Mobile Homes, Inc.	4,453		68,086
Universal Health Realty Income Trust (SBI)	9,322		308,931
Urstadt Biddle Properties, Inc.	5,274		89,183
Urstadt Biddle Properties, Inc. Class A	17,626		287,833
Ventas, Inc.	58,910		1,857,432
W.P. Carey & Co. LLC	8,724		218,274
Washington (REIT) (SBI)	21,745		680,401
Weingarten Realty Investors (SBI)	45,596		1,722,161
Wellsford Real Properties, Inc.	2,805		53,547
Windrose Medical Properties Trust	19,064		285,960
Winston Hotels, Inc.	23,362		234,788
ZipRealty, Inc.	10,323		88,365
			136,372,809
Thrifts & Mortgage Finance - 2.2%
Accredited Home Lenders Holding Co. (a)	7,973		345,390
Aether Holdings, Inc. (a)	10,666		37,118
American Bancorp of New Jersey, Inc.	20,535		205,350
AmNet Mortgage, Inc. (a)	2,155		22,003
Anchor BanCorp Wisconsin, Inc.	12,340		381,306
Astoria Financial Corp.	55,344		1,565,128
Bank Mutual Corp.	41,999		444,349
BankAtlantic Bancorp, Inc. Class A (non-vtg.)	22,979		320,327
BankUnited Financial Corp. Class A	17,404		443,628
BCSB Bankcorp, Inc.	4,872		66,259
Berkshire Bancorp, Inc.	1,110		19,703
Berkshire Hills Bancorp, Inc.	2,460		80,171
Brookline Bancorp, Inc., Delaware	36,986		520,023
Camco Financial Corp.	7,852		111,106
Capital Crossing Bank (a)	2,400		78,696
Capitol Federal Financial	15,476		528,351
	Shares		Value
CFS Bancorp, Inc.	5,521		$76,908
Charter Financial Corp., Georgia	3,434		120,396
Charter Municipal Mortgage Acceptance Co.	29,222		637,916
Cheviot Financial Corp.	52		599
Citizens First Bancorp, Inc., Delaware	3,754		84,878
Citizens South Banking Corp., Delaware	1,310		15,944
City Bank Lynnwood, Washington	7,439		256,274
Clifton Savings Bancorp, Inc.	8,458		87,033
Coastal Financial Corp.	9,310		125,033
Commercial Capital Bancorp, Inc.	29,913		498,949
Commercial Federal Corp.	22,915		789,193
Corus Bankshares, Inc.	7,394		434,619
Delta Financial Corp.	3,088		24,673
Dime Community Bancshares, Inc.	22,145		327,967
Doral Financial Corp.	49,409		499,031
Downey Financial Corp.	10,510		679,997
EFC Bancorp, Inc.	3,214		109,758
ESB Financial Corp.	7,483		92,565
Farmer Mac Class A (multi-vtg.)	3,846		82,112
Fidelity Bankshares, Inc.	13,812		430,796
First Busey Corp.	9,363		196,810
First Defiance Financial Corp.	3,003		84,024
First Federal Bancshares of Arkansas, Inc.	3,747		93,675
First Federal Bankshares, Inc.	2,907		57,820
First Financial Holdings, Inc.	9,293		283,808
First Financial Service Corp.	617		17,276
First Mutual Bancshares, Inc.	871		23,162
First Niagara Financial Group, Inc.	67,949		984,581
First Place Financial Corp.	14,173		338,168
FirstFed Financial Corp., Delaware (a)	8,047		421,180
Flagstar Bancorp, Inc.	18,764		282,773
Flushing Financial Corp.	7,219		121,279
FMS Financial Corp.	1,116		19,195
Franklin Bank Corp. (a)	9,733		180,061
Fremont General Corp.	38,592		903,439
Greater Delaware Valley Savings Bank	749		18,800
Harbor Florida Bancshares, Inc.	12,096		455,535
Heritage Financial Corp., Washington	4,130		99,079
HMN Financial, Inc.	2,852		84,388
Home Federal Bancorp	2,558		64,948
Home Federal Bancorp, Inc., Delaware	14,626		190,138
Horizon Financial Corp.	8,123		183,986
Hudson City Bancorp, Inc.	328,702		3,914,841
Independence Community Bank Corp.	44,444		1,761,760
IndyMac Bancorp, Inc.	35,544		1,360,624
ITLA Capital Corp. (a)	2,116		110,984
Jefferson Bancshares, Inc., Tennessee	5,738		77,004
Kearny Financial Corp.	13,844		175,127
KNBT Bancorp, Inc.	18,610		305,018
Lincoln Bancorp	3,496		55,936
LSB Corp.	3,904		66,368
MAF Bancorp., Inc.	20,500		872,685
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Thrifts & Mortgage Finance - continued
MASSBANK Corp.	1,965		$63,863
Matrix Bancorp, Inc. (a)	1,659		29,696
MutualFirst Financial, Inc.	2,603		57,266
NASB Financial, Inc.	3,384		128,254
NetBank, Inc.	18,817		139,058
New York Community Bancorp, Inc.	134,543		2,240,141
NewAlliance Bancshares, Inc.	64,757		967,470
NewMil Bancorp, Inc.	3,195		97,128
Northwest Bancorp, Inc.	19,130		423,347
OceanFirst Financial Corp.	4,849		116,861
Ocwen Financial Corp. (a)	23,396		197,462
Pamrapo Bancorp, Inc.	2,874		61,073
Parkvale Financial Corp.	2,919		81,294
Partners Trust Financial Group, Inc.	20,895		250,740
Pennfed Financial Services, Inc.	6,162		118,557
People's Bank, Connecticut	32,112		999,325
Peoples Bancorp, Auburn, Indiana	3,388		67,624
PFF Bancorp, Inc.	11,713		357,832
PFS Bancorp, Inc.	2,339		52,744
Pocahontas Bancorp, Inc.	2,049		25,162
Provident Financial Holdings, Inc.	3,631		99,816
Provident Financial Services, Inc.	36,065		648,809
Provident New York Bancorp	32,025		371,170
Pulaski Financial Corp.	6,450		114,165
PVF Capital Corp.	5,643		60,944
R&G Financial Corp. Class B	13,850		176,311
Radian Group, Inc.	45,517		2,574,442
Rainier Pacific Financial Group, Inc.	3,186		50,084
Riverview Bancorp, Inc.	4,378		97,498
Rockville Financial, Inc. (a)	7,892		106,384
Rome Bancorp, Inc.	12,337		134,473
Sound Federal Bancorp, Inc.	7,809		154,072
TF Financial Corp.	1,778		49,873
The PMI Group, Inc.	48,332		1,962,279
TierOne Corp.	14,855		445,204
Timberland Bancorp, Inc.	2,387		55,760
Triad Guaranty, Inc. (a)	4,388		190,264
United Community Financial Corp., Ohio	15,305		180,446
W Holding Co., Inc.	66,664		549,978
Washington Federal, Inc.	47,746		1,158,795
Wauwatosa Holdings, Inc.	7,726		89,931
Webster Financial Corp.	27,809		1,330,939
Westfield Financial, Inc.	4,996		119,854
Willow Grove Bancorp, Inc.	5,483		85,973
WSFS Financial Corp.	2,718		171,778
			41,802,160
TOTAL FINANCIALS			459,794,033
	Shares		Value
HEALTH CARE - 11.4%
Biotechnology - 4.0%
Aastrom Biosciences, Inc. (a)	75,401		$163,620
Abgenix, Inc. (a)	42,057		576,601
Acadia Pharmaceuticals, Inc. (a)	14,251		124,981
Affymetrix, Inc. (a)	33,937		1,671,058
Albany Molecular Research, Inc. (a)	10,983		134,432
Alexion Pharmaceuticals, Inc. (a)	18,522		361,364
Alkermes, Inc. (a)	52,257		950,032
Alliance Pharmaceutical Corp. (a)	2,080		187
Allos Therapeutics, Inc. (a)	6,613		13,821
Amylin Pharmaceuticals, Inc. (a)	56,781		2,124,177
Anadys Pharmaceuticals, Inc. (a)	9,204		87,530
Antigenics, Inc. (a)	19,086		104,400
AP Pharma, Inc. (a)	17,810		25,646
Aphton Corp. (a)	5,895		2,299
Applera Corp. - Celera Genomics Group (a)	45,121		560,403
Arena Pharmaceuticals, Inc. (a)	30,201		325,567
ARIAD Pharmaceuticals, Inc. (a)	50,987		314,590
ArQule, Inc. (a)	21,813		151,164
Array Biopharma, Inc. (a)	13,440		90,317
Avant Immunotherapeutics, Inc. (a)	18,683		33,443
AVAX Technologies, Inc. (a)	4,900		1,519
AVI BioPharma, Inc. (a)	7,485		25,150
Avigen, Inc. (a)	5,520		16,560
Axonyx, Inc. (a)	15,192		13,673
BioCryst Pharmaceuticals, Inc. (a)	14,318		232,524
BioMarin Pharmaceutical, Inc. (a)	38,000		370,120
Biopure Corp. Class A (a)	1,611		1,611
BioSphere Medical, Inc. (a)	4,678		26,103
BioTime, Inc. rights 11/30/05	500		0
Boston Life Sciences, Inc. (a)	1,366		2,855
Caliper Life Sciences, Inc. (a)	28,993		209,329
Calypte Biomedical Corp. (a)	656		105
Cambrex Corp.	17,248		311,326
CancerVax Corp. (a)	16,900		23,491
Cel-Sci Corp. (a)	5,333		2,667
Celgene Corp. (a)	90,208		5,495,471
Cell Genesys, Inc. (a)	18,760		109,183
Cell Therapeutics, Inc. (a)	22,072		46,351
Cephalon, Inc. (a)	32,612		1,658,320
Cepheid, Inc. (a)	18,560		203,974
Charles River Laboratories International, Inc. (a)	42,319		1,928,054
Ciphergen Biosystems, Inc. (a)	8,010		10,253
CorAutus Genetics, Inc. (a)	2,623		11,122
Corgentech, Inc. (a)	4,568		10,415
Cotherix, Inc. (a)	8,776		108,910
Covalent Group, Inc. (a)	7,298		14,961
Critical Therapeutics, Inc. (a)	7,164		46,351
Cryo-Cell International, Inc. (a)	6,550		23,384
Cubist Pharmaceuticals, Inc. (a)	28,601		646,669
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
CuraGen Corp. (a)	15,692		$64,651
Curis, Inc. (a)	10,011		39,143
CV Therapeutics, Inc. (a)	29,023		717,739
Cytogen Corp. (a)	15,067		45,954
Cytokinetics, Inc. (a)	8,459		72,747
CytRx Corp. (a)	8,702		8,180
Dendreon Corp. (a)	22,297		131,775
Digene Corp. (a)	7,756		212,670
Discovery Partners International, Inc. (a)	7,205		16,932
Diversa Corp. (a)	14,786		75,704
DOV Pharmaceutical, Inc. (a)	12,543		181,121
DUSA Pharmaceuticals, Inc. (a)	9,863		98,433
Dyax Corp. (a)	9,263		40,665
Dynavax Technologies Corp. (a)	7,600		34,048
Embrex, Inc. (a)	1,225		17,150
Encysive Pharmaceuticals, Inc. (a)	39,210		445,818
EntreMed, Inc. (a)	6,269		13,478
Enzo Biochem, Inc.	19,619		267,603
Enzon Pharmaceuticals, Inc. (a)	17,730		120,387
Exact Sciences Corp. (a)	5,146		7,513
Exelixis, Inc. (a)	45,686		369,143
Genaera Corp. (a)	20,058		28,683
Gene Logic, Inc. (a)	7,441		26,788
Genelabs Technologies, Inc. (a)	38,267		17,220
Genentech, Inc. (a)	256,454		24,522,131
Genitope Corp. (a)	16,300		129,422
Genta, Inc. (a)	25,757		31,424
GenVec, Inc. (a)	10,563		17,429
Geron Corp. (a)	29,508		264,982
GlycoGenesys, Inc. (a)	2,214		1,191
GTC Biotherapeutics, Inc. (a)	4,398		7,916
GTx, Inc. (a)	15,842		124,043
Harvard Bioscience, Inc. (a)	8,617		33,175
Hemispherx Biopharma, Inc. (a)	10,059		25,047
Human Genome Sciences, Inc. (a)	67,519		624,551
ICOS Corp. (a)	33,432		952,478
Idenix Pharmaceuticals, Inc. (a)	13,126		272,496
IDM Pharma, Inc. (a)	908		3,596
Illumina, Inc. (a)	18,937		298,258
ImClone Systems, Inc. (a)	34,735		1,125,761
Immunicon Corp. (a)	7,192		29,991
ImmunoGen, Inc. (a)	33,884		187,379
Immunomedics, Inc. (a)	11,508		23,361
Incyte Corp. (a)	42,798		237,957
Indevus Pharmaceuticals, Inc. (a)	18,476		74,089
Inhibitex, Inc. (a)	8,093		74,132
Insmed, Inc. (a)	10,199		13,055
Interleukin Genetics, Inc. (a)	6,973		26,846
InterMune, Inc. (a)	23,464		339,055
Introgen Therapeutics, Inc. (a)	5,863		36,233
Invitrogen Corp. (a)	29,284		1,951,779
	Shares		Value
Isis Pharmaceuticals, Inc. (a)	19,155		$97,116
Kendle International, Inc. (a)	4,210		100,619
Keryx Biopharmaceuticals, Inc. (a)	26,089		362,376
Kosan Biosciences, Inc. (a)	8,015		58,029
La Jolla Pharmaceutical Co. (a)	13,815		9,394
Lexicon Genetics, Inc. (a)	22,319		84,366
Lipid Sciences, Inc. (a)	6,973		19,176
Luminex Corp. (a)	20,616		216,056
Manhattan Pharmaceuticals, Inc. (a)	9,897		12,668
MannKind Corp. (a)	19,534		253,356
Martek Biosciences (a)	19,036		498,934
Matritech, Inc. (a)	9,731		6,033
Maxim Pharmaceuticals, Inc. (a)	8,042		9,892
Maxygen, Inc. (a)	12,092		89,239
Medarex, Inc. (a)	59,095		618,134
Memory Pharmaceuticals Corp. (a)	6,681		14,164
Millennium Pharmaceuticals, Inc. (a)	174,906		1,838,262
Momenta Pharmaceuticals, Inc. (a)	7,051		155,827
Monogram Biosciences, Inc. (a)	94,829		169,744
Myogen, Inc. (a)	15,991		347,644
Myriad Genetics, Inc. (a)	25,042		481,057
Nabi Biopharmaceuticals (a)	37,645		120,840
Nanogen, Inc. (a)	35,888		101,204
Nektar Therapeutics (a)	52,560		884,059
Neopharm, Inc. (a)	8,402		79,315
NeoRX Corp. (a)	5,171		5,223
Neose Technologies, Inc. (a)	9,641		16,872
Neurobiological Tech, Inc. (a)	4,585		18,386
Neurocrine Biosciences, Inc. (a)	22,297		1,327,117
Neurogen Corp. (a)	10,550		78,492
Northfield Laboratories, Inc. (a)	10,230		131,149
Northwest Biotherapeutics, Inc. (a)	2,800		392
Novavax, Inc. (a)	14,561		50,527
NPS Pharmaceuticals, Inc. (a)	39,572		458,639
Nuvelo, Inc. (a)	14,069		122,541
ONYX Pharmaceuticals, Inc. (a)	16,636		419,726
Orchid Cellmark, Inc. (a)	20,246		136,053
Ortec International, Inc. (a)	20		5
Orthologic Corp. (a)	36,394		151,035
Oscient Pharmaceuticals Corp. (a)	74,754		145,770
OSI Pharmaceuticals, Inc. (a)	25,669		622,473
OXiGENE, Inc. (a)	3,532		16,812
Palatin Technologies, Inc. (a)	9,806		35,105
Panacos Pharmaceuticals, Inc. (a)	19,594		154,989
Peregrine Pharmaceuticals, Inc. (a)	40,127		38,522
Pharmacopeia Drug Discovery, Inc. (a)	2,994		9,461
Pharmacyclics, Inc. (a)	5,240		38,933
Pharmion Corp. (a)	9,904		172,032
PRAECIS Pharmaceuticals, Inc. (a)	2,601		10,222
Progenics Pharmaceuticals, Inc. (a)	11,422		302,340
Protein Design Labs, Inc. (a)	61,155		1,703,167
Regeneron Pharmaceuticals, Inc. (a)	21,283		237,731
Renovis, Inc. (a)	15,599		247,400
Repligen Corp. (a)	7,531		22,292
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
Rigel Pharmaceuticals, Inc. (a)	20,536		$450,149
Sangamo Biosciences, Inc. (a)	5,746		22,697
Savient Pharmaceuticals, Inc. (a)	19,114		71,486
SciClone Pharmaceuticals, Inc. (a)	14,063		55,127
Seattle Genetics, Inc. (a)	19,175		95,300
Senomyx, Inc. (a)	10,060		128,164
Sequenom, Inc. (a)	10,320		9,185
Seracare Life Sciences, Inc. (a)	5,802		127,238
Serologicals Corp. (a)	19,062		382,765
SIGA Technologies, Inc. (a)	5,146		4,837
Sirna Therapeutics, Inc. (a)	9,668		34,321
Solexa, Inc. (a)	501		4,404
Sonus Pharmaceuticals, Inc. (a)	4,772		20,949
StemCells, Inc. (a)	46,919		197,060
Stratagene Corp.	1,955		20,137
Tanox, Inc. (a)	12,496		207,559
Tapestry Pharmaceuticals, Inc. (a)	6,737		2,088
Targeted Genetics Corp. (a)	17,490		10,494
Techne Corp. (a)	18,517		1,023,249
Telik, Inc. (a)	25,126		421,614
Theravance, Inc. (a)	23,841		500,184
Third Wave Technologies, Inc. (a)	10,841		29,704
Threshold Pharmaceuticals, Inc.	15,598		209,169
Titan Pharmaceuticals, Inc. (a)	11,415		17,237
Transgenomic, Inc. (a)	4,398		4,486
Trimeris, Inc. (a)	6,241		68,277
Unigene Laboratories, Inc. (a)	74,735		254,099
United Therapeutics Corp. (a)	13,961		997,234
Valentis, Inc. (a)	148		339
Vertex Pharmaceuticals, Inc. (a)	53,853		1,373,252
ViaCell, Inc.	31,009		187,915
Vical, Inc. (a)	4,304		22,166
Vion Pharmaceuticals, Inc. (a)	41,496		76,768
Viragen, Inc. (a)	2,058		967
ViroPharma, Inc. (a)	14,940		261,002
XOMA Ltd. (a)	31,255		53,446
Zymogenetics, Inc. (a)	19,085		306,314
			74,799,697
Health Care Equipment & Supplies - 3.0%
Abaxis, Inc. (a)	14,975		248,435
Abiomed, Inc. (a)	7,205		62,972
Advanced Magnetics, Inc. (a)	1,558		16,421
Advanced Medical Optics, Inc. (a)	38,376		1,627,526
Aksys Ltd. (a)	7,205		6,701
Align Technology, Inc. (a)	19,490		134,871
American Medical Systems Holdings, Inc. (a)	37,167		683,873
Analogic Corp.	7,145		342,674
Angeion Corp. (a)	2		5
Angiodynamics, Inc. (a)	2,846		58,656
Anika Therapeutics, Inc. (a)	1,029		12,152
	Shares		Value
Animas Corp. (a)	4,745		$80,807
Applied Imaging Corp. (a)	1,848		1,700
Aradigm Corp. (a)	18,327		17,227
Arrow International, Inc.	11,330		337,974
ArthroCare Corp. (a)	13,624		521,118
Aspect Medical Systems, Inc. (a)	7,501		282,563
ATS Medical, Inc. (a)	6,269		18,807
Beckman Coulter, Inc.	34,559		1,924,591
Bio-Rad Laboratories, Inc. Class A (a)	946		55,265
BioLase Technology, Inc. (a)	9,270		59,513
Biosite, Inc. (a)	9,527		561,902
BioVeris Corp. (a)	7,558		35,976
Bruker BioSciences Corp. (a)	29,315		145,696
Cambridge Heart, Inc. (a)	1,200		300
Candela Corp. (a)	20,642		297,245
Cantel Medical Corp. (a)	6,163		112,845
Cardiac Science Corp. (a)	3,613		33,890
Cardiodynamics International Corp. (a)	13,842		14,396
Cardiogenesis Corp. (a)	2,780		1,223
Cardiotech International, Inc. (a)	3,688		10,068
Cerus Corp. (a)	5,687		50,842
Cholestech Corp. (a)	3,743		35,484
Clarient, Inc. (a)	8,140		10,175
Clinical Data, Inc.	941		20,222
Compex Technologies, Inc. (a)	2,466		16,695
Conceptus, Inc. (a)	11,964		185,083
CONMED Corp. (a)	13,894		313,865
Conor Medsystems, Inc.	15,762		311,615
Cooper Companies, Inc.	23,841		1,306,487
Curon Medical, Inc. (a)	10,105		4,042
Cutera, Inc. (a)	9,296		367,936
Cyberonics, Inc. (a)	12,152		342,808
Cygnus, Inc. (a)	9,600		0
Cytyc Corp. (a)	65,595		1,804,518
Dade Behring Holdings, Inc.	49,136		2,009,171
Datascope Corp.	9,720		341,172
DENTSPLY International, Inc.	38,710		2,153,437
DexCom, Inc.	12,402		173,876
Diagnostic Products Corp.	11,373		518,040
Digirad Corp. (a)	4,978		19,215
Dionex Corp. (a)	12,188		575,639
DJ Orthopedics, Inc. (a)	9,063		282,403
E-Z-EM, Inc. (a)	3,324		69,571
Edwards Lifesciences Corp. (a)	33,941		1,357,301
Encore Medical Corp. (a)	13,697		72,320
Endologix, Inc. (a)	10,666		65,489
Enpath Medical, Inc. (a)	3,275		25,779
EP Medsystems, Inc. (a)	14,220		37,256
Epix Pharmaceuticals, Inc. (a)	14,654		72,244
Escalon Medical Corp. (a)	3,512		17,349
ev3, Inc.	15,280		202,460
Exactech, Inc. (a)	2,414		31,092
Fonar Corp. (a)	19,649		17,881
Foxhollow Technologies, Inc. (a)	6,285		273,649
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Gen-Probe, Inc. (a)	28,125		$1,298,531
Greatbatch, Inc. (a)	13,770		399,055
Haemonetics Corp. (a)	13,187		674,251
Hillenbrand Industries, Inc.	34,881		1,695,217
Hologic, Inc. (a)	11,747		834,859
I-Flow Corp. (a)	9,152		119,983
ICU Medical, Inc. (a)	9,059		325,943
IDEXX Laboratories, Inc. (a)	18,794		1,344,711
Immucor, Inc. (a)	23,566		583,730
Implant Sciences Corp. (a)	468		1,905
INAMED Corp. (a)	18,529		1,553,471
Integra LifeSciences Holdings Corp. (a)	12,331		450,575
Intermagnetics General Corp. (a)	14,014		468,628
IntraLase Corp. (a)	5,385		93,214
Intuitive Surgical, Inc. (a)	18,812		2,101,677
Invacare Corp.	20,710		707,454
Inverness Medical Innovations, Inc. (a)	12,010		288,240
Iridex Corp. (a)	100		721
IRIS International, Inc. (a)	10,010		246,947
IVAX Diagnostics, Inc. (a)	7,111		26,311
Kensey Nash Corp. (a)	8,253		188,911
Kinetic Concepts, Inc. (a)	28,222		1,099,247
Kyphon, Inc. (a)	21,036		893,820
Laserscope, Inc. (a)	9,323		200,631
LifeCell Corp. (a)	18,394		338,082
Lifecore Biomedical, Inc. (a)	13,141		196,852
Med-Design Corp. (a)	3,555		2,240
Medical Action Industries, Inc. (a)	2,970		56,044
Medwave, Inc. (a)	2,979		9,473
Mentor Corp.	20,631		1,005,555
Meridian Bioscience, Inc.	14,642		273,366
Merit Medical Systems, Inc. (a)	18,942		242,458
Micro Therapeutics, Inc. (a)	8,566		53,281
Microtek Medical Holdings, Inc. (a)	12,551		46,564
Molecular Devices Corp. (a)	12,725		341,666
National Dentex Corp. (a)	2,508		50,630
Natus Medical, Inc. (a)	9,348		154,616
Neogen Corp. (a)	2,838		57,010
NeuroMetrix, Inc. (a)	2,297		71,414
NMT Medical, Inc. (a)	5,000		92,350
North American Scientific, Inc. (a)	3,930		9,196
Novoste Corp. (a)	1,286		3,344
Nutraceutical International Corp. (a)	4,825		62,050
NuVasive, Inc. (a)	5,716		98,315
OraSure Technologies, Inc. (a)	25,183		341,481
Orthovita, Inc. (a)	20,662		71,697
Osteotech, Inc. (a)	4,011		14,440
Palomar Medical Technologies, Inc. (a)	8,166		277,889
PolyMedica Corp.	11,986		454,989
Possis Medical, Inc. (a)	16,597		165,970
Precision Optics Corp., Inc. (a)	850		332
	Shares		Value
Quidel Corp. (a)	19,545		$272,848
Regeneration Technologies, Inc. (a)	6,737		55,311
ResMed, Inc. (a)	36,288		1,480,550
Respironics, Inc. (a)	41,885		1,620,112
Retractable Technologies, Inc. (a)	5,601		23,412
Rita Medical Systems, Inc. (a)	5,240		21,536
Somanetics Corp. (a)	6,762		209,013
Sonic Innovations, Inc. (a)	6,362		23,221
SonoSite, Inc. (a)	8,947		336,049
Spectrx, Inc. (a)	10,741		2,363
Staar Surgical Co. (a)	8,437		48,091
Stereotaxis, Inc. (a)	21,349		150,724
Steris Corp.	41,424		1,040,571
Strategic Diagnostics, Inc. (a)	3,743		12,352
SurModics, Inc. (a)	9,780		383,474
Sybron Dental Specialties, Inc. (a)	21,686		948,546
Symmetry Medical, Inc.	17,466		320,850
Synovis Life Technologies, Inc. (a)	4,155		33,822
The Spectranetics Corp. (a)	26,606		292,666
Theragenics Corp. (a)	8,161		24,809
Thermogenesis Corp. (a)	39,439		168,405
Thoratec Corp. (a)	31,157		637,161
Trimedyne, Inc. (a)	8,608		4,820
TriPath Imaging, Inc. (a)	13,366		82,335
Urologix, Inc. (a)	5,053		21,930
Utah Medical Products, Inc.	3,222		93,374
Varian Medical Systems, Inc. (a)	74,711		3,796,813
Varian, Inc. (a)	17,582		737,741
Vasomedical, Inc. (a)	19,274		8,095
Ventana Medical Systems, Inc. (a)	18,375		707,621
Viasys Healthcare, Inc. (a)	15,673		427,873
Vision Sciences, Inc. (a)	8,293		15,342
Vital Signs, Inc.	3,275		156,316
West Pharmaceutical Services, Inc.	18,684		466,539
Wright Medical Group, Inc. (a)	15,912		308,534
Young Innovations, Inc.	3,599		131,148
Zoll Medical Corp. (a)	5,795		150,728
			56,096,939
Health Care Providers & Services - 3.2%
A.D.A.M., Inc. (a)	2,620		17,659
Accelrys, Inc. (a)	5,988		48,503
Air Methods Corp. (a)	2,008		30,220
Alliance Imaging, Inc. (a)	12,948		71,991
Allied Healthcare International, Inc. (a)	21,264		127,584
Allscripts Healthcare Solutions, Inc. (a)	16,195		217,013
Amedisys, Inc. (a)	7,502		332,939
America Service Group, Inc. (a)	4,584		79,074
American Dental Partners, Inc. (a)	13,941		260,278
American Healthways, Inc. (a)	19,916		884,470
American Retirement Corp. (a)	14,758		363,342
AMERIGROUP Corp. (a)	24,648		459,932
AMICAS, Inc. (a)	31,224		148,314
AMN Healthcare Services, Inc. (a)	18,446		351,396
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Providers & Services - continued
AmSurg Corp. (a)	14,989		$361,385
Andrx Corp. (a)	41,968		746,611
Apria Healthcare Group, Inc. (a)	27,513		672,968
Beverly Enterprises, Inc. (a)	60,098		716,368
Bio-Imaging Technologies, Inc. (a)	2,110		5,381
Bioanalytical Systems, Inc. (a)	4,772		25,148
BioScrip, Inc. (a)	27,406		244,462
BriteSmile, Inc. (a)	1,435		746
Capital Senior Living Corp. (a)	8,498		85,830
Centene Corp. (a)	22,220		533,502
Cerner Corp. (a)	14,947		1,440,891
Chemed Corp. New	14,624		741,437
Claimsnet.com, Inc. (a)	2,700		378
Community Health Systems, Inc. (a)	48,202		1,932,418
Comprehensive Care Corp. (a)	300		405
Computer Programs & Systems, Inc.	4,771		192,080
Corvel Corp. (a)	3,080		49,896
Covance, Inc. (a)	33,440		1,589,738
Cross Country Healthcare, Inc. (a)	12,122		224,015
Cryolife, Inc. (a)	5,006		19,023
Curative Health Services, Inc. (a)	3,649		2,372
DaVita, Inc. (a)	55,012		2,887,580
Dendrite International, Inc. (a)	18,964		357,282
Eclipsys Corp. (a)	22,643		405,989
Emageon, Inc.	18,876		243,123
Emdeon Corp. (a)	192,245		1,470,674
Emeritus Corp. (a)	1,897		36,821
eResearchTechnology, Inc. (a)	23,930		309,654
Five Star Quality Care, Inc. (a)	24,607		178,647
Genesis HealthCare Corp. (a)	11,326		476,258
Gentiva Health Services, Inc. (a)	15,272		250,614
Hanger Orthopedic Group, Inc. (a)	6,855		43,392
Health Grades, Inc. (a)	14,002		67,210
Health Net, Inc. (a)	60,927		3,109,105
HealthAxis, Inc. (a)	190		253
HealthExtras, Inc. (a)	10,723		242,554
HealthStream, Inc. (a)	6,041		12,982
HealthTronics, Inc. (a)	18,929		138,939
HearUSA, Inc. (a)	11,117		15,341
Henry Schein, Inc. (a)	46,353		1,976,955
HMS Holdings Corp. (a)	6,175		46,621
Hooper Holmes, Inc.	50,431		147,259
Horizon Health Corp. (a)	9,996		232,107
Hythiam, Inc. (a)	13,644		70,130
IDX Systems Corp. (a)	12,739		556,312
Kindred Healthcare, Inc. (a)	15,832		439,021
LCA-Vision, Inc.	9,840		469,663
Lifeline Systems, Inc. (a)	6,086		216,236
LifePoint Hospitals, Inc. (a)	27,065		1,029,823
Lincare Holdings, Inc. (a)	56,009		2,404,466
Magellan Health Services, Inc. (a)	15,839		462,816
	Shares		Value
Matria Healthcare, Inc. (a)	13,876		$470,813
Medcath Corp. (a)	4,959		96,403
Medical Staffing Network Holdings, Inc. (a)	8,863		48,924
Mediware Information Systems, Inc. (a)	1,310		13,781
Merge Technologies, Inc. (a)	15,882		453,272
Metropolitan Health Networks, Inc. (a)	36,067		85,479
Molina Healthcare, Inc. (a)	4,735		126,425
National Healthcare Corp.	5,307		199,172
National Home Health Care Corp.	1,600		15,792
National Medical Health Card Systems, Inc. (a)	2,994		82,814
National Research Corp.	1,185		19,553
NDCHealth Corp.	22,122		416,778
NovaMed Eyecare, Inc. (a)	4,865		33,277
NWH, Inc.	2,958		39,445
Odyssey Healthcare, Inc. (a)	21,592		399,884
Omnicare, Inc.	56,362		3,209,816
Omnicell, Inc. (a)	6,445		64,321
Option Care, Inc.	9,298		116,504
Owens & Minor, Inc.	20,823		590,540
PacifiCare Health Systems, Inc. (a)	47,222		4,062,981
PAREXEL International Corp. (a)	15,838		325,788
PDI, Inc. (a)	3,836		48,027
Pediatrix Medical Group, Inc. (a)	12,631		1,068,077
Per-Se Technologies, Inc. (a)	16,645		380,838
Pharmaceutical Product Development, Inc.	27,992		1,631,654
Phase Forward, Inc. (a)	18,189		195,168
PRA International	13,580		376,709
Precis, Inc. (a)	3,930		7,074
ProxyMed, Inc. (a)	3,259		14,828
PSS World Medical, Inc. (a)	31,368		516,631
Psychemedics Corp.	3,872		44,915
Psychiatric Solutions, Inc. (a)	14,680		828,246
QMed, Inc. (a)	4,585		42,320
Radiation Therapy Services, Inc. (a)	5,067		192,242
Radiologix, Inc. (a)	6,550		20,305
RehabCare Group, Inc. (a)	10,698		207,113
Renal Care Group, Inc. (a)	38,435		1,804,523
ResCare, Inc. (a)	11,581		200,467
Rural/Metro Corp. (a)	8,327		73,694
SFBC International, Inc. (a)	9,166		193,311
Sierra Health Services, Inc. (a)	14,437		1,129,262
Specialty Laboratories, Inc. (a)	6,269		82,563
SRI/Surgical Express, Inc. (a)	2,620		15,720
Sun Healthcare Group, Inc. (a)	7,484		54,783
Sunrise Senior Living, Inc. (a)	19,470		650,298
Symbion, Inc. (a)	13,630		365,148
Triad Hospitals, Inc. (a)	47,083		2,008,561
Tripos, Inc. (a)	2,058		6,277
TriZetto Group, Inc. (a)	26,787		435,289
U.S. Physical Therapy, Inc. (a)	4,585		90,737
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Providers & Services - continued
United Surgical Partners International, Inc. (a)	26,365		$915,129
Universal Health Services, Inc. Class B	30,315		1,452,695
VCA Antech, Inc. (a)	44,466		1,243,269
Ventiv Health, Inc. (a)	15,538		383,167
VistaCare, Inc. Class A (a)	9,859		136,054
WebMD Health Corp. Class A	4,693		124,318
Wellcare Health Plans, Inc. (a)	14,800		584,304
WellChoice, Inc. (a)	18,049		1,397,895
			61,068,969
Pharmaceuticals - 1.2%
Acusphere, Inc. (a)	1,403		6,875
Adams Respiratory Therapeutics, Inc.	8,259		365,791
Adolor Corp. (a)	22,706		330,826
Advancis Pharmaceutical Corp. (a)	4,491		5,883
Alpharma, Inc. Class A	22,307		589,351
Alteon, Inc. (a)	9,772		1,954
American Pharmaceutical Partners, Inc. (a)	23,499		893,432
Atherogenics, Inc. (a)	21,187		317,593
AVANIR Pharmaceuticals Class A (a)	57,046		160,299
Barr Pharmaceuticals, Inc. (a)	50,008		2,867,959
Barrier Therapeutics, Inc. (a)	6,541		47,095
Bentley Pharmaceuticals, Inc. (a)	7,642		136,868
Bradley Pharmaceuticals, Inc. (a)	5,396		67,180
Cellegy Pharmaceuticals, Inc. (a)	10,121		6,376
CNS., Inc.	5,283		121,509
Collagenex Pharmaceuticals, Inc. (a)	4,585		44,750
Columbia Laboratories, Inc. (a)	12,667		47,628
Connetics Corp. (a)	18,114		240,192
Corcept Therapeutics, Inc. (a)	7,957		36,125
Cortex Pharmaceuticals, Inc. (a)	7,017		16,771
Cypress Bioscience, Inc. (a)	19,092		107,870
DepoMed, Inc. (a)	14,582		87,638
Discovery Laboratories, Inc. (a)	33,851		227,479
Durect Corp. (a)	14,242		74,628
Emisphere Technologies, Inc. (a)	4,678		21,940
Endo Pharmaceuticals Holdings, Inc. (a)	52,764		1,578,699
Ergo Science Corp. (a)	3,743		3,556
First Horizon Pharmaceutical Corp. (a)	12,197		214,911
Heska Corp. (a)	20,430		24,516
Hi-Tech Pharmacal Co., Inc. (a)	1,747		66,753
Hollis-Eden Pharmaceuticals, Inc. (a)	6,761		36,239
Immtech International, Inc. (a)	2,377		18,897
Inspire Pharmaceuticals, Inc. (a)	16,447		119,076
Interpharm Holdings, Inc. (a)	2,260		3,141
Ista Pharmaceuticals, Inc. (a)	7,132		49,282
IVAX Corp. (a)	123,307		3,694,278
Kos Pharmaceuticals, Inc. (a)	7,706		513,065
KV Pharmaceutical Co. Class A (a)	22,399		443,500
Matrixx Initiatives, Inc. (a)	3,745		81,491
	Shares		Value
Medicines Co. (a)	23,402		$427,555
Medicis Pharmaceutical Corp. Class A	33,846		1,080,026
MGI Pharma, Inc. (a)	43,956		867,691
Miravant Medical Technologies (a)	5,240		1,362
Nastech Pharmaceutical Co., Inc. (a)	13,653		195,238
New River Pharmaceuticals, Inc. (a)	6,595		311,614
NitroMed, Inc. (a)	7,285		118,308
Noven Pharmaceuticals, Inc. (a)	9,569		129,277
Nutrition 21, Inc. (a)	16,280		11,396
Oxis International, Inc. (a)	5,100		1,377
Pain Therapeutics, Inc. (a)	12,891		93,202
Par Pharmaceutical Companies, Inc. (a)	16,558		440,608
Penwest Pharmaceuticals Co. (a)	18,669		316,440
Perrigo Co.	48,974		710,123
Pharmos Corp. (a)	12,987		25,974
Pozen, Inc. (a)	8,367		85,092
Salix Pharmaceuticals Ltd. (a)	26,208		507,649
Santarus, Inc. (a)	9,294		55,764
SCOLR Pharma, Inc. (a)	17,200		74,648
Sepracor, Inc. (a)	58,755		3,230,350
Spectrum Pharmaceuticals, Inc. (a)	284		1,176
SuperGen, Inc. (a)	29,317		164,175
Valeant Pharmaceuticals International	47,647		785,223
Vivus, Inc. (a)	59,578		195,416
Zila, Inc. (a)	11,602		38,867
			23,539,967
TOTAL HEALTH CARE			215,505,572
INDUSTRIALS - 10.2%
Aerospace & Defense - 0.9%
AAR Corp. (a)	17,638		369,340
Alliant Techsystems, Inc. (a)	20,289		1,539,529
Applied Signal Technology, Inc.	5,054		90,820
Argon ST, Inc. (a)	10,954		316,023
Armor Holdings, Inc. (a)	18,303		803,319
Astronics Corp. (a)	3,368		35,196
Aviall, Inc. (a)	14,956		459,149
BE Aerospace, Inc. (a)	32,481		569,067
Ceradyne, Inc. (a)	12,324		580,337
CPI Aerostructures, Inc. (a)	1,677		16,267
Cubic Corp.	9,321		164,888
Curtiss-Wright Corp.	13,089		767,015
DHB Industries, Inc. (a)	15,368		64,238
DRS Technologies, Inc.	12,783		631,480
Ducommun, Inc. (a)	2,048		41,964
EDO Corp.	9,094		242,173
Engineered Support Systems, Inc.	21,717		877,584
Essex Corp. (a)	13,719		261,347
Esterline Technologies Corp. (a)	14,234		585,160
Firearms Training Systems, Inc. Class A (a)	32,643		40,477
GenCorp, Inc. (non-vtg.) (a)	29,877		545,554
Hawk Corp. Class A (a)	3,526		48,800
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Aerospace & Defense - continued
Heico Corp. Class A	7,372		$133,065
Herley Industries, Inc. (a)	12,228		201,395
Hexcel Corp. (a)	41,623		692,190
Innovative Solutions & Support, Inc. (a)	8,701		128,340
Ionatron, Inc. (a)	15,916		167,118
Irvine Sensors Corp. (a)	390		846
K&F Industries Holdings, Inc.	18,051		278,346
Kaman Corp. Class A	14,710		282,579
KVH Industries, Inc. (a)	2,861		27,351
Ladish Co., Inc. (a)	17,165		351,883
Moog, Inc. Class A (a)	17,518		513,102
MTC Technologies, Inc. (a)	6,932		227,162
Orbital Sciences Corp. (a)	28,133		339,284
Pemco Aviation Group, Inc. (a)	664		13,081
Precision Castparts Corp.	70,673		3,603,616
Sequa Corp. Class A (a)	3,323		210,014
Sypris Solutions, Inc.	8,306		91,781
Teledyne Technologies, Inc. (a)	15,810		517,619
The Allied Defense Group, Inc. (a)	1,497		33,727
Todd Shipyards Corp.	976		22,546
Triumph Group, Inc. (a)	9,892		375,401
United Industrial Corp.	7,610		330,655
			17,590,828
Air Freight & Logistics - 0.6%
ABX Air, Inc. (a)	32,319		242,393
AirNet Systems, Inc. (a)	400		1,632
C.H. Robinson Worldwide, Inc.	96,450		3,901,403
Dynamex, Inc. (a)	5,891		109,042
EGL, Inc. (a)	23,205		861,834
Expeditors International of Washington, Inc.	58,937		4,185,116
Forward Air Corp.	16,516		635,040
Hub Group, Inc. Class A (a)	10,554		427,965
Pacer International, Inc.	20,798		549,691
Park-Ohio Holdings Corp. (a)	2,246		35,375
UTI Worldwide, Inc.	10,692		1,040,225
Velocity Express Corp. (a)	10		32
			11,989,748
Airlines - 0.4%
AirTran Holdings, Inc. (a)	44,245		664,560
Alaska Air Group, Inc. (a)	12,205		429,982
AMR Corp. (a)	77,964		1,316,812
Continental Airlines, Inc. Class B (a)	48,082		748,637
ExpressJet Holdings, Inc. Class A (a)	15,449		134,715
Frontier Airlines, Inc. (a)	24,186		197,358
Hawaiian Holdings, Inc. (a)	24,994		94,977
JetBlue Airways Corp. (a)	54,137		998,286
MAIR Holdings, Inc. (a)	10,106		47,902
Mesa Air Group, Inc. (a)	31,372		322,504
Midwest Air Group, Inc. (a)	2,199		7,389
	Shares		Value
Pinnacle Airlines Corp. (a)	9,213		$64,030
Republic Airways Holdings, Inc. (a)	11,927		173,299
SkyWest, Inc.	29,545		877,487
UAL Corp. (a)	30,750		18,450
US Airways Group, Inc. (a)	17,489		587,456
World Air Holdings, Inc. (a)	12,306		129,459
			6,813,303
Building Products - 0.4%
Aaon, Inc. (a)	3,343		56,898
Advanced Environmental Recycling Technologies, Inc. Class A (a)	11,364		17,273
American Woodmark Corp.	6,070		155,513
Ameron International Corp.	7,159		321,797
Apogee Enterprises, Inc.	19,597		303,166
Armstrong Holdings, Inc. (a)	17,029		32,185
Builders FirstSource, Inc.	13,109		260,869
ElkCorp	10,708		365,999
Griffon Corp. (a)	13,433		327,228
International Aluminum Corp.	2,821		112,219
Jacuzzi Brands, Inc. (a)	41,827		337,544
Lennox International, Inc.	27,074		790,832
NCI Building Systems, Inc. (a)	10,453		455,228
Owens Corning (a)	25,785		81,223
PW Eagle, Inc. (a)	4,678		87,666
Quixote Corp.	2,744		58,310
Simpson Manufacturing Co. Ltd.	18,925		775,547
Trex Co., Inc. (a)	5,040		115,265
Universal Forest Products, Inc.	10,000		574,600
US Home Systems, Inc. (a)	1,441		9,583
USG Corp. (a)	17,162		1,050,314
Water Pik Technologies, Inc. (a)	4,117		85,881
York International Corp.	23,349		1,314,315
			7,689,455
Commercial Services & Supplies - 2.5%
A.T. Cross Co. Class A (a)	7,939		31,756
ABM Industries, Inc.	21,247		457,873
ACCO Brands Corp. (a)	23,987		552,900
Adesa, Inc.	52,465		1,250,241
Administaff, Inc.	12,570		566,279
Advisory Board Co. (a)	10,260		495,763
Ambassadors International, Inc.	3,352		49,675
American Ecology Corp. (a)	7,611		123,831
American Reprographics Co.	10,952		235,578
Amrep Corp.	1,187		31,349
Angelica Corp.	3,181		43,993
APAC Customer Services, Inc. (a)	13,380		19,936
Aramark Corp. Class B	66,711		1,729,149
Banta Corp.	12,999		656,450
Barrett Business Services, Inc. (a)	6,200		156,240
Bowne & Co., Inc.	22,482		332,509
Brady Corp. Class A	23,188		869,086
Casella Waste Systems, Inc. Class A (a)	6,013		73,599
CBIZ, Inc. (a)	38,465		240,791
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Commercial Services & Supplies - continued
CDI Corp.	6,472		$182,769
Central Parking Corp.	12,239		171,224
Cenveo, Inc. (a)	25,258		326,081
ChoicePoint, Inc. (a)	45,676		1,974,573
Clean Harbors, Inc. (a)	5,976		172,467
Coinstar, Inc. (a)	12,617		306,593
Comsys IT Partners, Inc. (a)	9,126		114,075
Consolidated Graphics, Inc. (a)	7,126		364,780
Copart, Inc. (a)	36,198		911,466
Cornell Companies, Inc. (a)	2,994		42,425
Corporate Executive Board Co.	21,614		1,869,827
Corrections Corp. of America (a)	21,005		933,252
CoStar Group, Inc. (a)	10,946		513,805
CRA International, Inc. (a)	6,878		306,209
Deluxe Corp.	29,550		958,307
DiamondCluster International, Inc. (a)	15,755		99,887
Dun & Bradstreet Corp. (a)	36,920		2,399,800
Duratek, Inc. (a)	9,904		162,525
Ennis, Inc.	16,601		294,668
Evans Systems, Inc. (a)	3,400		136
Exponent, Inc. (a)	4,404		120,449
First Consulting Group, Inc. (a)	8,047		47,075
Food Technology Service, Inc. (a)	24,286		23,800
FTI Consulting, Inc. (a)	23,898		677,747
G&K Services, Inc. Class A	11,899		456,208
GP Strategies Corp. (a)	6,690		47,834
Healthcare Services Group, Inc.	12,453		264,626
Heidrick & Struggles International, Inc. (a)	13,431		443,895
Herman Miller, Inc.	37,091		1,134,614
HNI Corp.	23,276		1,170,550
Hudson Highland Group, Inc. (a)	15,335		387,209
Humitech International Group, Inc. (a)	75		0
Huron Consulting Group, Inc. (a)	5,724		136,575
ICT Group, Inc. (a)	2,304		36,910
IKON Office Solutions, Inc.	65,002		653,920
Innotrac Corp. (a)	3,181		21,154
Integrated Alarm Services Group, Inc. (a)	5,801		18,273
Intersections, Inc. (a)	3,842		34,732
John H. Harland Co.	16,990		642,222
Kaiser Ventures LLC Class A (a)	100		0
Kelly Services, Inc. Class A (non-vtg.)	11,483		319,227
Kforce, Inc. (a)	14,628		181,533
Knoll, Inc.	13,994		232,860
Korn/Ferry International (a)	24,616		423,888
Labor Ready, Inc. (a)	24,006		530,052
Layne Christensen Co. (a)	9,628		213,453
Learning Tree International, Inc. (a)	4,772		64,517
LECG Corp. (a)	10,710		175,001
Mac-Gray Corp. (a)	3,487		40,868
Manpower, Inc.	47,693		2,215,340
	Shares		Value
McGrath RentCorp.	12,352		$353,144
Medialink Worldwide, Inc. (a)	9,153		30,663
Mine Safety Appliances Co.	15,582		604,737
Mobile Mini, Inc. (a)	9,513		475,650
Multi-Color Corp.	954		22,133
Nashua Corp. (a)	4,665		35,454
Navigant Consulting, Inc. (a)	28,457		580,807
NCO Group, Inc. (a)	17,519		302,028
On Assignment, Inc. (a)	7,298		80,643
PerfectData Corp. (a)	2,400		4,128
Perma-Fix Environmental Services, Inc. (a)	8,161		13,466
PHH Corp. (a)	27,272		787,070
PICO Holdings, Inc. (a)	3,619		122,177
Pike Electric Corp.	9,650		174,569
Portfolio Recovery Associates, Inc. (a)	9,909		379,713
PRG-Schultz International, Inc. (a)	51,315		46,697
Protection One, Inc. (a)	512		8,832
Providence Service Corp. (a)	4,271		124,799
RCM Technologies, Inc. (a)	5,333		31,838
RemedyTemp, Inc. Class A (a)	2,024		15,605
Republic Services, Inc.	62,663		2,246,469
Resources Connection, Inc. (a)	27,370		794,825
Rollins, Inc.	15,303		311,416
School Specialty, Inc. (a)	11,183		411,982
Sirva, Inc. (a)	9,936		76,905
SITEL Corp. (a)	17,217		52,856
SOURCECORP, Inc. (a)	10,346		269,617
Spherion Corp. (a)	26,671		261,376
Spherix, Inc. (a)	5,297		6,939
Standard Register Co.	11,044		163,672
Steelcase, Inc. Class A	27,429		405,675
Stericycle, Inc. (a)	23,234		1,424,709
Synagro Technologies, Inc.	52,957		211,828
Team, Inc. (a)	1,942		46,200
TeamStaff, Inc. (a)	6,456		8,070
Teletech Holdings, Inc. (a)	22,516		279,874
Tetra Tech, Inc. (a)	28,236		440,482
The Brink's Co.	30,995		1,430,729
The Geo Group, Inc. (a)	4,188		102,397
TRC Companies, Inc. (a)	3,649		42,219
TRM Corp. (a)	4,518		32,168
U.S. Liquids, Inc. (a)	500		0
United Stationers, Inc. (a)	17,551		859,999
Venture Catalyst, Inc. (a)	4,800		4,320
Viad Corp.	9,927		302,277
Volt Information Sciences, Inc. (a)	4,078		80,296
Waste Connections, Inc. (a)	26,057		907,826
Waste Industries USA, Inc.	5,309		74,007
Waterlink, Inc. (a)	13,000		7
Watson Wyatt & Co. Holdings Class A	25,237		679,380
WCA Waste Corp. (a)	14,127		117,254
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Commercial Services & Supplies - continued
West Corp. (a)	14,461		$573,668
Westaff, Inc. (a)	6,445		30,034
			47,580,028
Construction & Engineering - 0.6%
Comfort Systems USA, Inc.	22,009		206,665
EMCOR Group, Inc. (a)	8,411		595,078
ENGlobal Corp. (a)	5,236		35,343
Foster Wheeler Ltd. (a)	23,446		816,624
Granite Construction, Inc.	20,803		772,207
Infrasource Services, Inc. (a)	14,105		165,452
Insituform Technologies, Inc. Class A (a)	17,094		339,658
Integrated Electrical Services, Inc. (a)	12,962		7,129
Jacobs Engineering Group, Inc. (a)	28,688		1,863,859
McDermott International, Inc. (a)	32,403		1,356,390
Michael Baker Corp. (a)	1,542		38,550
Modtech Holdings, Inc. (a)	5,824		49,970
Perini Corp. (a)	8,236		212,159
Quanta Services, Inc. (a)	58,926		833,803
Shaw Group, Inc. (a)	39,603		1,144,131
Sterling Construction Co., Inc. (a)	7,183		141,505
URS Corp. (a)	24,798		1,044,492
Washington Group International, Inc. (a)	16,552		855,904
Williams Scotsman International, Inc.	10,317		161,667
Xanser Corp. (a)	6,501		19,503
			10,660,089
Electrical Equipment - 0.9%
A.O. Smith Corp.	9,105		330,238
Active Power, Inc. (a)	12,538		43,758
Acuity Brands, Inc.	27,137		843,689
Alpine Group, Inc. (a)	500		1,200
American Superconductor Corp. (a)	25,860		210,759
AMETEK, Inc.	38,682		1,648,240
AML Communications, Inc. (a)	4,959		5,951
Arotech Corp. (a)	6,082		2,372
Artesyn Technologies, Inc. (a)	26,577		265,238
AZZ, Inc. (a)	2,745		53,143
Baldor Electric Co.	16,987		436,396
Beacon Power Corp. (a)	1,934		3,423
BTU International, Inc. (a)	5,333		81,382
C&D Technologies, Inc.	10,479		77,545
Capstone Turbine Corp. (a)	73,813		250,226
Color Kinetics, Inc. (a)	4,701		72,724
Digital Power Corp. (a)	4,959		4,364
Distributed Energy Systems Corp. (a)	8,514		78,925
Encore Wire Corp. (a)	10,750		255,958
Ener1, Inc. (a)	103,431		39,304
Energy Conversion Devices, Inc. (a)	17,908		525,600
EnerSys (a)	6,321		91,402
Evergreen Solar, Inc. (a)	30,083		361,297
EXX, Inc. Class A (a)	3,975		7,950
	Shares		Value
Franklin Electric Co., Inc.	9,580		$407,150
FuelCell Energy, Inc. (a)	37,064		312,450
General Cable Corp. (a)	23,751		431,081
Genlyte Group, Inc. (a)	15,318		807,259
Global Power Equipment Group, Inc. (a)	12,875		60,126
GrafTech International Ltd. (a)	57,460		375,788
Hubbell, Inc. Class B	33,065		1,603,983
II-VI, Inc. (a)	14,906		285,152
LaBarge, Inc. (a)	3,526		46,966
Lamson & Sessions Co. (a)	7,205		172,776
LSI Industries, Inc.	18,573		334,314
M-Wave, Inc. (a)	3,800		2,242
MagneTek, Inc. (a)	6,175		17,846
Medis Technologies Ltd. (a)	10,041		138,867
Microvision, Inc. (a)	4,959		17,728
Millennium Cell, Inc. (a)	10,760		18,077
Peco II, Inc. (a)	2,700		4,779
Plug Power, Inc. (a)	58,171		298,417
Powell Industries, Inc. (a)	3,555		68,185
Power-One, Inc. (a)	50,364		313,264
Preformed Line Products Co.	2,387		98,607
Regal-Beloit Corp.	15,780		556,876
Roper Industries, Inc.	49,048		1,932,491
Technology Research Corp.	3,139		11,520
Thomas & Betts Corp. (a)	29,837		1,194,673
Ultralife Batteries, Inc. (a)	14,770		192,305
UQM Technologies, Inc. (a)	9,558		35,843
Valence Technology, Inc. (a)	28,181		55,798
Vicor Corp.	14,143		229,541
Woodward Governor Co.	6,578		537,225
			16,252,413
Industrial Conglomerates - 0.2%
Carlisle Companies, Inc.	16,437		1,127,578
Raven Industries, Inc.	9,493		290,866
Standex International Corp.	6,940		192,516
Teleflex, Inc.	18,983		1,256,105
Tredegar Corp.	13,644		170,550
Walter Industries, Inc.	21,189		1,066,866
			4,104,481
Machinery - 2.2%
3D Systems Corp. (a)	4,678		83,222
A.S.V., Inc. (a)	11,508		287,930
Accuride Corp.	12,530		162,890
Actuant Corp. Class A	13,141		697,130
AGCO Corp. (a)	51,958		879,649
Alamo Group, Inc.	3,665		77,332
Albany International Corp. Class A	14,164		540,073
American Science & Engineering, Inc. (a)	4,072		274,697
Ampco-Pittsburgh Corp.	3,730		53,787
Astec Industries, Inc. (a)	12,330		345,610
Axsys Technologies, Inc. (a)	2,806		52,444
Badger Meter, Inc.	3,952		154,681
Baldwin Technology Co., Inc. Class A (a)	3,555		14,042
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Machinery - continued
Barnes Group, Inc.	12,389		$427,049
Briggs & Stratton Corp.	28,427		1,028,773
Bucyrus International, Inc. Class A	12,457		584,233
Cascade Corp.	7,531		381,445
Catalytica Energy Systems, Inc. (a)	8,234		8,810
Circor International, Inc.	7,340		191,207
CLARCOR, Inc.	31,280		928,078
Columbus McKinnon Corp. (NY Shares) (a)	8,489		178,099
Commercial Vehicle Group, Inc. (a)	14,684		290,596
Crane Co.	30,297		961,930
Donaldson Co., Inc.	37,756		1,262,561
EnPro Industries, Inc. (a)	10,275		296,434
ESCO Technologies, Inc. (a)	14,648		629,864
Federal Signal Corp.	25,728		420,396
Flanders Corp. (a)	10,793		109,441
Flow International Corp. (a)	32,121		271,422
Flowserve Corp. (a)	31,026		1,159,131
FreightCar America, Inc.	7,160		345,542
Gardner Denver, Inc. (a)	15,772		769,674
Gehl Co. (a)	4,183		107,838
Gorman-Rupp Co.	3,011		68,470
Graco, Inc.	37,118		1,350,353
Greenbrier Companies, Inc.	4,808		131,018
Hardinge, Inc.	3,618		62,881
Harsco Corp.	24,173		1,606,296
Hirsch International Corp. Class A (a)	2,100		2,604
IDEX Corp.	27,495		1,213,629
JLG Industries, Inc.	25,392		1,155,336
Joy Global, Inc.	42,498		2,247,719
Kadant, Inc. (a)	10,799		196,650
Kaydon Corp.	15,748		509,605
Kennametal, Inc.	19,563		1,071,857
Key Technology, Inc. (a)	2,697		36,005
L.B. Foster Co. Class A (a)	18,649		259,221
Lincoln Electric Holdings, Inc.	20,798		848,766
Lindsay Manufacturing Co.	2,911		54,057
Lydall, Inc. (a)	4,210		35,196
Manitowoc Co., Inc.	15,308		766,931
Met-Pro Corp.	6,581		80,749
Middleby Corp. (a)	3,871		303,486
Milacron, Inc. (a)	13,450		17,082
Miller Industries, Inc. (a)	8,914		182,202
Mueller Industries, Inc.	16,578		448,766
NACCO Industries, Inc. Class A	3,619		423,785
Nordson Corp.	13,360		531,995
Omega Flex, Inc. (a)	3,426		51,013
Oshkosh Truck Co.	41,503		1,864,730
Paragon Technologies, Inc. (a)	1,565		15,494
Pentair, Inc.	55,438		2,117,732
Portec Rail Products, Inc.	5,406		70,076
	Shares		Value
RBC Bearings, Inc.	10,315		$161,017
Robbins & Myers, Inc.	5,734		121,561
Spire Corp. (a)	200		1,504
SPX Corp.	42,613		2,006,220
Stewart & Stevenson Services, Inc.	18,216		373,428
Sun Hydraulics Corp.	8,640		164,765
Tecumseh Products Co. Class A (non-vtg.) (a)	9,990		222,977
Tennant Co.	3,550		166,566
Terex Corp. (a)	25,431		1,567,058
The L.S. Starrett Co. Class A	5,190		94,718
Timken Co.	46,499		1,440,539
Titan International, Inc.	8,031		138,454
Toro Co.	23,824		957,487
Trinity Industries, Inc.	27,078		1,127,528
TurboChef Technologies, Inc. (a)	7,368		96,816
Valmont Industries, Inc.	8,590		286,648
Wabash National Corp.	17,869		354,700
Wabtec Corp.	26,922		695,395
Watts Water Technologies, Inc. Class A	13,498		389,957
Wolverine Tube, Inc. (a)	11,965		61,739
			42,128,791
Marine - 0.1%
Alexander & Baldwin, Inc.	23,533		1,177,121
American Commercial Lines, Inc.	5,413		158,330
Eagle Bulk Shipping, Inc.	13,844		214,028
Genco Shipping & Trading Ltd.	11,502		198,755
International Shipholding Corp. (a)	4,464		70,710
Kirby Corp. (a)	12,683		674,736
			2,493,680
Road & Rail - 0.8%
AMERCO (a)	4,227		298,933
Arkansas Best Corp.	13,868		571,916
Celadon Group, Inc. (a)	3,555		98,509
Central Freight Lines, Inc. (a)	4,722		8,830
CNF, Inc.	26,516		1,511,412
Covenant Transport, Inc. Class A (a)	4,491		52,230
Dollar Thrifty Automotive Group, Inc. (a)	12,284		460,650
Florida East Coast Industries, Inc. Class A	10,362		458,622
Frozen Food Express Industries, Inc. (a)	4,026		46,541
Genesee & Wyoming, Inc. Class A (a)	15,021		505,006
Heartland Express, Inc.	22,966		489,405
J.B. Hunt Transport Services, Inc.	68,586		1,535,641
Kansas City Southern (a)	33,906		846,633
Knight Transportation, Inc.	18,213		585,912
Laidlaw International, Inc.	59,918		1,295,427
Landstar System, Inc.	32,839		1,413,391
Marten Transport Ltd. (a)	5,381		143,619
Old Dominion Freight Lines, Inc. (a)	9,459		359,537
P.A.M. Transportation Services, Inc. (a)	3,368		54,966
Patriot Transportation Holding, Inc. (a)	534		36,526
Quality Distribution, Inc. (a)	6,526		39,939
RailAmerica, Inc. (a)	27,000		294,030
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Road & Rail - continued
SCS Transportation, Inc. (a)	7,643		$150,644
Swift Transportation Co., Inc. (a)	25,658		502,384
U.S. Xpress Enterprises, Inc. Class A (a)	4,026		61,195
Universal Truckload Services, Inc.	5,000		116,800
USA Truck, Inc. (a)	4,594		124,497
Werner Enterprises, Inc.	29,159		596,885
Yellow Roadway Corp. (a)	30,215		1,423,429
			14,083,509
Trading Companies & Distributors - 0.6%
Aceto Corp.	13,271		79,626
Applied Industrial Technologies, Inc.	15,418		492,605
Beacon Roofing Supply, Inc. (a)	11,281		307,069
BlueLinx Corp.	5,464		60,978
Electro Rent Corp. (a)	5,676		79,350
Fastenal Co.	79,800		3,168,060
GATX Corp.	23,171		872,156
Hughes Supply, Inc.	33,947		1,315,107
Huttig Building Products, Inc. (a)	6,924		60,031
Interline Brands, Inc.	13,866		296,178
Lawson Products, Inc.	2,516		94,979
MSC Industrial Direct Co., Inc. Class A	23,826		931,358
NuCo2, Inc. (a)	6,606		185,761
Rush Enterprises, Inc. Class B (a)	14,669		210,794
UAP Holding Corp.	19,052		361,607
United Rentals, Inc. (a)	32,666		691,213
Watsco, Inc.	11,978		751,620
WESCO International, Inc. (a)	27,007		1,127,542
Willis Lease Finance Corp. (a)	2,246		19,765
			11,105,799
Transportation Infrastructure - 0.0%
Interpool, Inc.	6,238		116,401
Macquarie Infrastructure Co. Trust	11,700		359,190
			475,591
TOTAL INDUSTRIALS			192,967,715
INFORMATION TECHNOLOGY - 15.5%
Communications Equipment - 1.6%
3Com Corp. (a)	244,447		884,898
ACE*COMM Corp. (a)	4,585		11,417
Adtran, Inc.	39,404		1,164,782
Airnet Communications Corp. (a)	290		273
Alliance Fiber Optic Products, Inc. (a)	23,499		25,144
AltiGen Communications, Inc. (a)	1,965		2,908
American Access Technologies, Inc. (a)	3,100		5,890
Anaren, Inc. (a)	13,340		191,429
Applied Innovation, Inc. (a)	4,398		15,877
Arris Group, Inc. (a)	46,856		455,440
Avanex Corp. (a)	47,520		30,888
Avici Systems, Inc. (a)	5,006		21,225
	Shares		Value
Avocent Corp. (a)	30,320		$889,589
Aware, Inc. (a)	10,854		64,690
Bel Fuse, Inc. Class B (non-vtg.)	4,800		160,944
Belden CDT, Inc.	25,366		592,550
Black Box Corp.	9,551		446,127
C-COR, Inc. (a)	17,135		97,155
Carrier Access Corp. (a)	8,499		41,220
Centillium Communications, Inc. (a)	7,672		35,291
Comarco, Inc. (a)	2,807		24,084
CommScope, Inc. (a)	29,560		606,276
Communications Systems, Inc.	2,049		22,129
Comtech Telecommunications Corp. (a)	14,149		616,896
Digi International, Inc. (a)	8,313		107,071
Ditech Communications Corp. (a)	12,275		107,652
Dycom Industries, Inc. (a)	26,769		546,891
EFJ, Inc. (a)	12,549		122,478
EMS Technologies, Inc. (a)	5,416		91,855
Endwave Corp. (a)	4,014		39,096
Enterasys Networks, Inc. (a)	9,054		117,974
Entrada Networks, Inc. (a)	292		1
eOn Communications Corp. (a)	3,013		1,989
Extreme Networks, Inc. (a)	71,148		350,048
Ezenia!, Inc. (a)	2,900		7,105
F5 Networks, Inc. (a)	21,795		1,151,430
Finisar Corp. (a)	63,389		121,707
Foundry Networks, Inc. (a)	70,661		981,481
Glenayre Technologies, Inc. (a)	20,210		63,459
Globecomm Systems, Inc. (a)	1,591		10,342
Harmonic, Inc. (a)	45,500		249,795
Harris Corp.	73,393		3,271,860
Inter-Tel, Inc.	14,007		286,163
InterDigital Communication Corp. (a)	30,916		602,244
ION Networks, Inc. (a)	12,500		1,375
ISCO International, Inc. (a)	19,929		7,972
Ixia (a)	16,955		233,640
Juniper Networks, Inc. (a)	306,339		6,889,564
Lantronix, Inc. (a)	17,964		28,383
Loral Space & Communications Ltd. (a)	11,797		94
MasTec, Inc. (a)	15,207		150,093
Microwave Filter Co., Inc. (a)	3,836		5,716
MRV Communications, Inc. (a)	62,152		113,117
NETGEAR, Inc. (a)	16,068		310,112
Network Engines, Inc. (a)	9,093		11,184
Network Equipment Technologies, Inc. (a)	9,591		44,982
NMS Communications Corp. (a)	36,033		141,249
NumereX Corp. Class A (a)	4,959		24,944
Occam Networks, Inc. (a)	97,158		26,233
Oplink Communications, Inc. (a)	5,457		74,324
Optelecom Nkf, Inc. (a)	1,053		13,900
Optical Cable Corp. (a)	1,228		7,380
Optical Cable Corp. warrants 10/24/07 (a)	1,083		1,224
Optical Communication Products, Inc. (a)	7,672		18,029
Packeteer, Inc. (a)	20,916		192,427
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Communications Equipment - continued
Parkervision, Inc. (a)	3,649		$30,141
PC-Tel, Inc. (a)	4,261		38,605
Performance Technologies, Inc. (a)	4,304		38,779
Plantronics, Inc.	29,494		814,624
Polycom, Inc. (a)	57,034		935,928
Powerwave Technologies, Inc. (a)	61,190		768,546
Radyne Corp. (a)	3,636		55,158
Redback Networks, Inc. (a)	24,395		329,089
SafeNet, Inc. (a)	11,901		423,081
Science Dynamics Corp. (a)	3,000		186
SCM Microsystems, Inc. (a)	4,117		11,116
SeaChange International, Inc. (a)	14,511		111,590
Sonus Networks, Inc. (a)	143,376		589,275
SpectraLink Corp.	7,222		93,236
Stratex Networks, Inc. (a)	28,330		93,489
Stratos International, Inc. (a)	2,179		13,030
Sunrise Telecom, Inc.	16,442		28,938
Superior Essex, Inc. (a)	17,936		338,094
Sycamore Networks, Inc. (a)	132,666		539,951
Symmetricom, Inc. (a)	19,029		166,694
Tekelec (a)	39,792		517,296
Telkonet, Inc. (a)	34,540		160,611
Telular Corp. (a)	4,093		12,975
Terabeam, Inc. (a)	2,250		5,850
Terayon Communication Systems, Inc. (a)	45,746		94,694
Tollgrade Communications, Inc. (a)	3,530		38,477
Tut Systems, Inc. (a)	5,838		17,864
UTStarcom, Inc. (a)	48,272		400,175
Veramark Technologies, Inc. (a)	1,700		850
Verilink Corp. (a)	5,552		4,613
ViaSat, Inc. (a)	13,487		372,916
Vyyo, Inc. (a)	7,423		41,420
Wave Wireless Corp. (a)	40		7
Wegener Corp. (a)	11,602		16,591
Westell Technologies, Inc. Class A (a)	23,209		109,779
Wi-Tron, Inc. (a)	2,500		250
WJ Communications, Inc. (a)	17,073		23,561
Zhone Technologies, Inc. (a)	48,510		107,207
			30,278,391
Computers & Peripherals - 1.3%
ActivCard Corp. (a)	30,377		113,610
Adaptec, Inc. (a)	48,874		242,904
Advanced Digital Information Corp. (a)	45,733		480,197
Ampex Corp. Class A (a)	1,884		42,390
Avid Technology, Inc. (a)	24,292		1,226,260
Brocade Communications Systems, Inc. (a)	156,363		683,306
Concurrent Computer Corp. (a)	15,381		30,454
CopyTele, Inc. (a)	16,655		12,824
Cray, Inc. (a)	54,672		82,555
Crossroads Systems, Inc. (a)	3,368		2,930
	Shares		Value
Datalink Corp. (a)	2,058		$7,182
Dataram Corp.	3,649		20,617
Diebold, Inc.	41,015		1,593,843
Dot Hill Systems Corp. (a)	30,475		201,745
Electronics for Imaging, Inc. (a)	33,162		926,215
Emulex Corp. (a)	46,295		922,659
Exabyte Corp. (a)	814		936
FOCUS Enhancements, Inc. (a)	7,672		5,217
Hauppauge Digital, Inc. (a)	4,117		16,921
HEI, Inc. (a)	3,368		13,809
Hutchinson Technology, Inc. (a)	15,974		456,697
Hypercom Corp. (a)	33,443		207,347
iCAD, Inc. (a)	5,579		7,253
Imation Corp.	20,686		909,357
Immersion Corp. (a)	12,108		79,913
InFocus Corp. (a)	16,952		63,400
Innovex, Inc. (a)	4,552		18,800
Intergraph Corp. (a)	17,605		845,392
Interphase Corp. (a)	2,203		9,473
Iomega Corp. (a)	46,398		120,171
Komag, Inc. (a)	10,983		383,746
LaserCard Corp. (a)	2,282		24,189
Maxtor Corp. (a)	144,804		587,904
McDATA Corp. Class A (a)	86,096		313,389
Mobility Electronics, Inc. (a)	18,109		203,545
MTI Technology Corp. (a)	9,637		12,239
Neoware Systems, Inc. (a)	5,768		126,146
Novatel Wireless, Inc. (a)	18,380		250,336
Overland Storage, Inc. (a)	6,049		48,150
Palm, Inc. (a)	23,859		677,118
Presstek, Inc. (a)	19,299		178,130
Printronix, Inc.	1,310		20,973
Qualstar Corp. (a)	2,735		9,764
Quantum Corp. (a)	114,189		341,425
Rimage Corp. (a)	3,259		93,370
SanDisk Corp. (a)	100,174		5,114,884
SBS Technologies, Inc. (a)	5,427		55,898
Seagate Technology	211,075		3,993,539
SimpleTech, Inc. (a)	16,223		61,161
Socket Communications, Inc. (a)	8,047		9,954
SteelCloud, Inc., (a)	4,772		8,876
Stratasys, Inc. (a)	3,681		87,277
Synaptics, Inc. (a)	12,462		335,352
Transact Technologies, Inc. (a)	2,830		22,753
UNOVA, Inc. (a)	27,134		763,279
ViewCast.com, Inc. (a)	10,386		2,597
VPGI Corp. (a)	1,500		90
Western Digital Corp. (a)	117,872		1,758,650
Zoom Technologies, Inc. (a)	5,240		8,227
			24,837,338
Electronic Equipment & Instruments - 1.7%
Advanced Photonix, Inc. Class A (a)	11,134		28,280
Aeroflex, Inc. (a)	38,419		421,456
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Electronic Equipment & Instruments - continued
Aetrium, Inc. (a)	100		$348
Agilysys, Inc.	13,133		250,184
Allied Motion Technologies, Inc. (a)	3,555		13,687
American Technical Ceramics Corp. (a)	2,713		24,932
American Technology Corp. (a)	2,713		11,693
Amphenol Corp. Class A	50,173		2,095,726
Anixter International, Inc.	15,756		577,300
APA Enterprises, Inc. (a)	3,836		4,526
Applied Films Corp. (a)	4,696		94,061
Arrow Electronics, Inc. (a)	62,870		1,948,970
Avnet, Inc. (a)	68,140		1,533,150
AVX Corp.	37,968		520,162
Axcess, Inc. (a)	6,529		6,529
Bell Industries, Inc. (a)	7,298		19,340
Bell Microproducts, Inc. (a)	21,017		180,746
Benchmark Electronics, Inc. (a)	20,281		621,613
Brightpoint, Inc. (a)	17,195		483,867
CalAmp Corp. (a)	5,601		64,972
Cash Technologies, Inc. (a)	2,900		2,581
CDW Corp.	35,052		2,055,800
Checkpoint Systems, Inc. (a)	23,666		566,801
Chyron Corp. (a)	7,000		2,940
Cogent, Inc. (a)	23,674		559,180
Cognex Corp.	20,814		643,985
Coherent, Inc. (a)	18,552		586,058
Conolog Corp. (a)	170		156
CTS Corp.	29,802		358,518
CyberOptics Corp. (a)	1,204		15,182
Daktronics, Inc.	7,071		191,624
Digital Angel Corp. (a)	7,990		26,846
Dolby Laboratories, Inc. Class A	15,240		259,842
DTS, Inc. (a)	10,547		152,721
Echelon Corp. (a)	15,261		125,903
Electro Scientific Industries, Inc. (a)	15,506		390,131
eMagin Corp. (a)	28,133		18,005
En Pointe Technologies, Inc. (a)	2,994		8,713
Excel Technology, Inc. (a)	4,513		108,493
Fargo Electronics, Inc. (a)	4,491		85,823
FARO Technologies, Inc. (a)	4,015		76,365
FLIR Systems, Inc. (a)	35,020		865,694
Frequency Electronics, Inc.	1,170		11,934
Gerber Scientific, Inc. (a)	5,960		56,858
Giga-Tronics, Inc. (a)	4,585		11,463
Global Imaging Systems, Inc. (a)	17,904		652,064
GTSI Corp. (a)	3,743		31,029
I. D. Systems Inc. (a)	2,045		40,696
Identix, Inc. (a)	53,889		264,595
Ingram Micro, Inc. Class A (a)	71,983		1,351,841
InPlay Technologies, Inc. (a)	4,023		11,989
Intelli-Check, Inc. (a)	1,429		5,716
Interlink Electronics, Inc. (a)	2,903		6,967
	Shares		Value
International DisplayWorks, Inc. (a)	11,072		$63,553
Iteris, Inc. (a)	4,304		10,330
Itron, Inc. (a)	13,904		650,012
Jaco Electronics, Inc. (a)	3,836		12,697
Keithley Instruments, Inc.	4,405		70,876
KEMET Corp. (a)	50,913		407,304
Landauer, Inc.	6,794		332,227
LeCroy Corp. (a)	3,181		51,914
Lexar Media, Inc. (a)	40,833		348,305
LightPath Technologies, Inc. Class A (a)	1,150		2,358
Littelfuse, Inc. (a)	11,004		285,444
LoJack Corp. (a)	6,991		197,006
Lowrance Electronics, Inc.	5,300		120,946
M-Flex Electronix, Inc. (a)	6,965		257,705
Maxwell Technologies, Inc. (a)	3,836		54,241
MDI, Inc. (a)	7,859		5,816
Measurement Specialties, Inc. (a)	7,492		186,401
Mechanical Technology, Inc. (a)	9,637		27,562
Mercury Computer Systems, Inc. (a)	13,741		274,545
Merix Corp. (a)	4,257		28,394
Mesa Laboratories, Inc.	4,207		66,050
Methode Electronics, Inc. Class A	13,856		144,795
Metrologic Instruments, Inc. (a)	6,046		118,199
Micronetics, Inc. (a)	3,743		39,452
MSGI Security Solutions, Inc. (a)	58		169
MTS Systems Corp.	12,034		424,439
National Instruments Corp.	34,153		881,489
Newport Corp. (a)	24,770		341,826
NU Horizons Electronics Corp. (a)	3,462		34,585
OSI Systems, Inc. (a)	6,635		124,937
OYO Geospace Corp. (a)	1,267		34,526
Par Technology Corp. (a)	4,300		138,030
Park Electrochemical Corp.	13,110		330,896
Paxar Corp. (a)	24,171		462,391
PC Connection, Inc. (a)	6,035		38,383
Pemstar, Inc. (a)	10,011		13,815
Perceptron, Inc. (a)	2,600		19,214
PFSweb, Inc. (a)	9,080		12,530
Photon Dynamics, Inc. (a)	10,818		199,051
Planar Systems, Inc. (a)	3,555		34,484
Plexus Corp. (a)	24,216		520,644
RadiSys Corp. (a)	13,283		243,079
Research Frontiers, Inc. (a)	3,836		21,712
RF Industries Ltd. (a)	2,339		12,116
RF Monolithics, Inc. (a)	3,462		19,353
Richardson Electronics Ltd.	4,959		35,506
Rofin-Sinar Technologies, Inc. (a)	11,467		495,030
Rogers Corp. (a)	8,834		338,342
Satcon Technology Corp. (a)	5,988		8,802
ScanSource, Inc. (a)	6,683		396,235
Sigmatron International, Inc. (a)	762		7,117
Sirenza Microdevices, Inc. (a)	8,140		32,072
Somera Communications, Inc. (a)	13,567		10,582
Spatializer Audio Labs, Inc. (a)	12,700		673
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Electronic Equipment & Instruments - continued
Spectrum Control, Inc. (a)	4,200		$26,796
Staktek Holdings, Inc. (a)	7,258		41,734
StockerYale, Inc. (a)	2,400		2,256
Suntron Corp. (a)	13,394		16,073
Superconductor Technologies, Inc. (a)	18,291		10,975
SYNNEX Corp. (a)	5,731		89,690
Taser International, Inc. (a)	33,192		202,471
Tech Data Corp. (a)	35,147		1,381,629
Technitrol, Inc.	22,567		399,436
Trimble Navigation Ltd. (a)	29,739		968,897
TTM Technologies, Inc. (a)	13,662		124,871
Universal Display Corp. (a)	12,461		145,171
Viisage Technology, Inc. (a)	9,731		61,695
Vishay Intertechnology, Inc. (a)	100,188		1,285,412
Woodhead Industries, Inc.	3,396		44,080
X-Rite, Inc.	20,571		227,721
Zomax, Inc. (a)	12,351		27,172
Zones, Inc. (a)	3,275		16,768
Zygo Corp. (a)	5,333		75,142
			32,584,204
Internet Software & Services - 3.2%
24/7 Real Media, Inc. (a)	16,663		123,306
Akamai Technologies, Inc. (a)	74,873		1,494,465
aQuantive, Inc. (a)	35,806		962,823
Ariba, Inc. (a)	30,899		266,658
Art Technology Group, Inc. (a)	31,355		51,422
Autobytel, Inc. (a)	12,311		64,263
Bankrate, Inc. (a)	6,081		196,112
Blue Coat Systems, Inc. (a)	6,464		292,755
BroadVision, Inc. (a)	7,431		5,202
Calico Commerce, Inc. (a)	2,388		0
Centra Software, Inc. (a)	7,775		14,151
Chordiant Software, Inc. (a)	17,313		47,264
Click Commerce, Inc. (a)	5,741		136,349
CMGI, Inc. (a)	277,855		480,689
CNET Networks, Inc. (a)	75,115		1,125,974
Communication Intelligence Corp. (a)	7,900		3,792
Corillian Corp. (a)	13,730		38,307
Critical Path, Inc. (a)	3,807		1,256
CyberSource Corp. (a)	17,560		131,876
deltathree, Inc. (a)	4,398		11,215
Digital Insight Corp. (a)	18,919		626,597
Digital River, Inc. (a)	19,483		504,999
Digitas, Inc. (a)	54,916		686,450
DSL.net, Inc. (a)	12,818		641
Dynabazaar, Inc. (a)	5,600		2,100
EarthLink, Inc. (a)	71,682		820,042
EasyLink Services Corp. Class A (a)	9,785		7,045
eCollege.com (a)	6,096		101,133
EDGAR Online, Inc. (a)	3,836		7,327
eGain Communications Corp. (a)	1,156		867
	Shares		Value
Elcom International, Inc. (a)	6,500		$585
Entrust, Inc. (a)	55,731		278,655
Equinix, Inc. (a)	8,995		359,080
Firstwave Technologies, Inc. (a)	1,123		1,988
GlobeTel Communications Corp. (a)	41,174		129,286
Globix Corp. (a)	62,474		108,705
Google, Inc. Class A (sub. vtg.) (a)	95,502		38,677,355
GoRemote Internet Communications, Inc. (a)	9,774		13,879
Greenfield Online, Inc. (a)	7,300		37,011
High Speed Access Corp. (a)	17,600		0
Homestore, Inc. (a)	110,620		487,834
Housevalues, Inc.	9,851		125,896
Hyperfeed Technologies, Inc. (a)	702		1,229
I-Many, Inc. (a)	9,263		12,783
iBasis, Inc. (a)	9,824		18,862
iMergent, Inc. (a)	3,575		20,521
InfoSpace, Inc. (a)	13,841		364,849
Innodata Isogen, Inc. (a)	7,485		22,754
InsWeb Corp. (a)	283		945
Interland, Inc. (a)	4,656		18,717
Internap Network Services Corp. (a)	72,216		29,609
Internet America, Inc. (a)	6,082		2,798
Internet Capital Group, Inc. (a)	15,063		125,023
Internet Commerce Corp. Class A (a)	3,400		10,350
Interwoven, Inc. (a)	29,600		280,904
iPass, Inc. (a)	28,602		193,922
IPIX Corp. (a)	5,133		11,395
iVillage, Inc. (a)	27,650		226,730
j2 Global Communications, Inc. (a)	13,435		641,253
Jupiter Media Metrix, Inc. (a)	14,700		0
Jupitermedia Corp. (a)	11,806		193,264
Keynote Systems, Inc. (a)	6,393		84,707
Kintera, Inc. (a)	6,752		19,851
LivePerson, Inc. (a)	14,420		74,551
LookSmart Ltd. (a)	5,164		21,844
Loudeye Corp. (a)	122,650		66,231
LQ Corp., Inc. (a)	1,092		1,845
Marchex, Inc. Class B (a)	16,526		386,708
MatrixOne, Inc. (a)	16,348		82,394
MIVA, Inc. (a)	10,274		51,678
NaviSite, Inc. (a)	8,077		10,096
Neoforma, Inc. (a)	4,996		49,211
Neomedia Technologies, Inc. (a)	5,500		1,760
Net2Phone, Inc. (a)	18,989		36,649
NetRatings, Inc. (a)	5,877		79,340
NIC, Inc. (a)	14,170		86,437
On2.Com, Inc. (a)	12,070		8,932
Online Resources Corp. (a)	15,282		179,105
Onstream Media Corp. (a)	1,100		902
Onvia.com, Inc. (a)	1,133		5,268
Openwave Systems, Inc. (a)	34,863		579,074
Optio Software, Inc. (a)	3,200		4,288
Perficient, Inc. (a)	13,219		115,270
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Internet Software & Services - continued
PlanetOut, Inc. (a)	12,610		$109,329
Prescient Applied Intel, Inc. (a)	150		32
Private Business, Inc. (a)	2,038		2,629
Raindance Communications, Inc. (a)	10,947		21,894
RealNetworks, Inc. (a)	58,843		508,992
S1 Corp. (a)	35,549		156,060
Saba Software, Inc. (a)	1,965		7,074
Salon Media Group, Inc. (a)	4,600		1,058
SAVVIS, Inc. (a)	129,530		89,376
Selectica, Inc. (a)	7,017		19,648
SmartServ Online, Inc. (a)	283		93
SonicWALL, Inc. (a)	25,492		189,406
Stellent, Inc. (a)	7,152		74,595
Supportsoft, Inc. (a)	17,744		70,976
Synergy Brands, Inc. (a)	515		912
Terremark Worldwide, Inc. (a)	17,735		61,718
The Knot, Inc. (a)	4,092		49,922
The Sedona Corp. (a)	8,300		1,121
TheStreet.com, Inc. (a)	5,520		27,379
Travelzoo, Inc. (a)	1,369		29,721
Tumbleweed Communications Corp. (a)	13,941		40,568
United Online, Inc.	38,002		536,208
US Dataworks, Inc. (a)	4,512		2,482
ValueClick, Inc. (a)	53,131		1,003,113
VCampus Corp. (a)	380		213
VeriSign, Inc. (a)	139,354		3,097,839
Vignette Corp. (a)	18,250		323,208
Vitria Technology, Inc. (a)	7,321		20,352
Webb Interactive Services, Inc. (a)	4,865		414
WebEx Communications, Inc. (a)	17,515		417,032
webMethods, Inc. (a)	32,537		262,899
Websense, Inc. (a)	13,836		898,648
WebSideStory, Inc. (a)	7,965		143,370
WorldGate Communications, Inc. (a)	10,573		23,261
Zix Corp. (a)	12,791		22,512
			60,761,457
IT Services - 2.2%
Accenture Ltd. Class A	252,689		7,186,475
Acxiom Corp.	52,492		1,164,273
Affinity Technology Group, Inc. (a)	12,100		1,015
Alliance Data Systems Corp. (a)	22,919		883,986
Analysts International Corp. (a)	9,684		24,404
Answerthink, Inc. (a)	11,611		48,302
Anteon International Corp. (a)	17,968		770,288
Applied Digital Solutions, Inc. (a)	41,642		125,759
BearingPoint, Inc. (a)	97,455		709,472
CACI International, Inc. Class A (a)	14,666		811,910
Carreker Corp. (a)	6,269		31,470
Ceridian Corp. (a)	82,764		1,986,336
Certegy, Inc.	33,887		1,362,596
CheckFree Corp. (a)	35,034		1,641,343
	Shares		Value
Ciber, Inc. (a)	29,128		$179,137
Cognizant Technology Solutions Corp. Class A (a)	73,717		3,581,909
Competitive Technologies, Inc. (a)	3,836		18,605
Computer Horizons Corp. (a)	7,299		29,853
Computer Task Group, Inc. (a)	11,529		46,462
Covansys Corp. (a)	8,731		128,346
CSG Systems International, Inc. (a)	30,734		737,616
CSP, Inc. (a)	3,555		25,347
Direct Insite Corp. (a)	53		32
DST Systems, Inc. (a)	33,500		1,992,245
DynTek, Inc. Class A (a)	8,047		1,086
Edgewater Technology, Inc. (a)	4,972		29,832
eFunds Corp. (a)	23,289		479,521
Electronic Clearing House, Inc. (a)	3,439		35,903
eLoyalty Corp. (a)	4,341		39,026
Enherent Corp. (a)	8,200		984
ePresence, Inc. (a)	5,520		0
Euronet Worldwide, Inc. (a)	18,027		487,090
Forrester Research, Inc. (a)	8,617		160,621
Gartner, Inc. Class A (a)	31,334		422,382
Gevity HR, Inc.	14,736		417,471
Global Payments, Inc.	39,028		1,708,646
Heartland Payment Systems, Inc.	7,112		151,699
Hewitt Associates, Inc. Class A (a)	22,636		581,066
iGate Corp. (a)	13,687		55,432
Indus International, Inc. (a)	18,393		55,179
Infocrossing, Inc. (a)	13,968		101,827
Inforte Corp.	1,679		6,531
infoUSA, Inc.	16,450		166,639
Integral Systems, Inc.	2,620		56,723
Intrado, Inc. (a)	10,378		234,335
iPayment, Inc. (a)	6,228		249,245
Iron Mountain, Inc. (a)	61,246		2,526,398
Kanbay International, Inc. (a)	10,793		178,732
Keane, Inc. (a)	32,173		336,530
Lightbridge, Inc. (a)	25,032		247,066
Lionbridge Technologies, Inc. (a)	30,073		195,475
ManTech International Corp. Class A (a)	9,479		237,354
Maximus, Inc.	10,408		378,851
MoneyGram International, Inc.	51,726		1,338,669
MPS Group, Inc. (a)	66,751		839,060
MTM Technologies, Inc. (a)	1,200		4,584
New Century Equity Holdings Corp. (a)	5,500		1,320
Pegasus Solutions, Inc. (a)	20,422		145,200
Perot Systems Corp. Class A (a)	50,269		698,739
Rainmaker Systems, Inc. (a)	32,402		15,229
RightNow Technologies, Inc. (a)	7,620		137,998
Safeguard Scientifics, Inc. (a)	34,401		67,426
Sapient Corp. (a)	43,233		268,909
SI International, Inc. (a)	5,805		157,606
SM&A (a)	4,117		34,171
SRA International, Inc. Class A (a)	21,690		664,365
StarTek, Inc.	4,563		75,791
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
IT Services - continued
Storage Engine, Inc. (a)	500		$0
Sykes Enterprises, Inc. (a)	10,853		149,771
Syntel, Inc.	10,172		209,136
TALX Corp.	13,564		559,515
Technology Solutions Co. (a)	479		3,943
TechTeam Global, Inc. (a)	6,114		56,127
The BISYS Group, Inc. (a)	69,236		927,762
The Management Network Group, Inc. (a)	14,649		34,572
theglobe.com, Inc. (a)	7,111		2,837
Tier Technologies, Inc. Class B (a)	4,678		38,921
TNS, Inc. (a)	18,791		339,178
Total System Services, Inc.	17,827		384,350
TSR, Inc.	4,079		19,294
Tyler Technologies, Inc. (a)	11,474		100,398
VeriFone Holdings, Inc.	14,485		331,707
WidePoint Corp. (a)	5,600		10,192
Wright Express Corp.	21,656		527,540
Zanett, Inc. (a)	5,579		18,623
			41,191,758
Office Electronics - 0.1%
Zebra Technologies Corp. Class A (a)	43,803		1,976,829
Semiconductors & Semiconductor Equipment - 2.8%
8X8, Inc. (a)	9,978		15,965
Actel Corp. (a)	16,843		245,234
ADE Corp. (a)	4,152		97,987
Advanced Analogic Technologies, Inc.	9,541		131,475
Advanced Energy Industries, Inc. (a)	23,751		317,313
Advanced Power Technology, Inc. (a)	3,930		52,937
Agere Systems, Inc. (a)	96,596		1,273,135
Alliance Semiconductor Corp. (a)	9,169		26,773
AMIS Holdings, Inc. (a)	22,175		221,085
Amkor Technology, Inc. (a)	59,715		370,233
Amtech Systems, Inc. (a)	4,491		32,605
ANADIGICS, Inc. (a)	7,298		38,278
Asyst Technologies, Inc. (a)	15,207		94,588
Atheros Communications, Inc. (a)	22,822		221,145
Atmel Corp. (a)	252,756		846,733
ATMI, Inc. (a)	21,435		613,255
August Technology Corp. (a)	4,304		46,354
Axcelis Technologies, Inc. (a)	46,909		222,349
AXT, Inc. (a)	6,269		10,720
Brooks Automation, Inc. (a)	50,058		643,746
Cabot Microelectronics Corp. (a)	11,422		353,282
California Micro Devices Corp. (a)	4,585		42,044
Catalyst Semiconductor, Inc. (a)	7,298		34,666
Ceva, Inc. (a)	6,171		37,767
Cirrus Logic, Inc. (a)	33,229		251,211
Cohu, Inc.	8,486		226,322
Conexant Systems, Inc. (a)	295,307		729,408
Credence Systems Corp. (a)	43,614		353,710
	Shares		Value
Cree, Inc. (a)	38,302		$1,027,643
Cymer, Inc. (a)	22,213		848,981
Cypress Semiconductor Corp. (a)	77,446		1,161,690
Diodes, Inc. (a)	9,316		376,087
DSP Group, Inc. (a)	22,414		582,764
Electroglas, Inc. (a)	6,456		19,562
EMCORE Corp. (a)	9,356		57,446
Entegris, Inc. (a)	75,235		759,874
ESS Technology, Inc. (a)	12,644		38,564
Exar Corp. (a)	26,161		323,350
Fairchild Semiconductor International, Inc. (a)	71,940		1,247,440
FEI Co. (a)	17,910		357,484
FormFactor, Inc. (a)	19,439		545,458
FSI International, Inc. (a)	7,956		32,540
Genesis Microchip, Inc. (a)	18,331		410,614
Hi/fn, Inc. (a)	3,346		18,938
Hittite Microwave Corp.	3,700		92,833
Ibis Technology Corp. (a)	5,001		7,902
Integrated Device Technology, Inc. (a)	117,416		1,406,644
Integrated Silicon Solution, Inc. (a)	13,777		96,577
International Rectifier Corp. (a)	36,846		1,306,559
Intersil Corp. Class A	85,614		2,195,999
Intevac, Inc. (a)	4,350		53,462
IXYS Corp. (a)	8,168		98,179
JMAR Technologies, Inc. (a)	5,707		5,821
Kopin Corp. (a)	28,979		198,216
Kulicke & Soffa Industries, Inc. (a)	33,480		282,906
Lam Research Corp. (a)	73,767		2,769,213
Lattice Semiconductor Corp. (a)	62,973		307,938
Leadis Technology, Inc. (a)	8,107		43,372
Logic Devices, Inc. (a)	8,982		9,162
LogicVision, Inc. (a)	5,047		5,918
LTX Corp. (a)	39,917		177,231
Marvell Technology Group Ltd. (a)	120,796		6,709,010
Mattson Technology, Inc. (a)	19,712		195,543
MEMC Electronic Materials, Inc. (a)	81,336		1,820,300
Micrel, Inc. (a)	31,567		381,329
Micro Component Technology, Inc. (a)	6,643		698
Micro Linear Corp. (a)	7,672		13,579
Microchip Technology, Inc.	112,661		3,758,371
Microsemi Corp. (a)	34,127		947,024
Mindspeed Technologies, Inc. (a)	34,630		63,719
MIPS Technologies, Inc. (a)	19,049		112,580
MKS Instruments, Inc. (a)	17,323		326,885
Monolithic Power Systems, Inc.	10,222		136,055
Monolithic System Technology, Inc. (a)	8,011		48,947
Nanometrics, Inc. (a)	3,555		39,461
NeoMagic Corp. (a)	2,507		9,702
Netlogic Microsystems, Inc. (a)	8,669		225,914
NVE Corp. (a)	1,357		20,694
O2Micro International Ltd. sponsored ADR (a)	20,008		228,691
Omnivision Technologies, Inc. (a)	27,745		491,087
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Semiconductors & Semiconductor Equipment - continued
ON Semiconductor Corp. (a)	48,498		$281,288
PDF Solutions, Inc. (a)	12,368		193,436
Pericom Semiconductor Corp. (a)	12,297		96,531
Photronics, Inc. (a)	18,121		287,761
Pixelworks, Inc. (a)	25,246		135,066
PLX Technology, Inc. (a)	7,859		77,568
PortalPlayer, Inc.	4,893		117,579
Power Integrations, Inc. (a)	18,379		400,846
QuickLogic Corp. (a)	5,545		19,740
Rambus, Inc. (a)	59,162		993,330
Ramtron International Corp. (a)	4,828		11,249
RF Micro Devices, Inc. (a)	114,346		649,485
Rudolph Technologies, Inc. (a)	5,062		65,047
Semitool, Inc. (a)	27,663		263,352
Semtech Corp. (a)	42,213		840,461
Sigma Designs, Inc. (a)	21,853		306,598
SigmaTel, Inc. (a)	11,892		173,148
Silicon Image, Inc. (a)	37,516		364,280
Silicon Laboratories, Inc. (a)	23,103		897,552
Silicon Storage Technology, Inc. (a)	69,338		382,052
SiRF Technology Holdings, Inc. (a)	20,806		576,742
Skyworks Solutions, Inc. (a)	97,386		524,911
SRS Labs, Inc. (a)	2,620		15,117
Standard Microsystems Corp. (a)	13,643		407,926
Supertex, Inc. (a)	7,135		301,382
Tegal Corp. (a)	10,666		6,400
Tessera Technologies, Inc. (a)	26,647		732,793
Therma-Wave, Inc. (a)	6,802		10,815
Transmeta Corp. (a)	70,922		86,525
Transwitch Corp. (a)	22,128		32,971
Trident Microsystems, Inc. (a)	22,894		431,323
Tripath Technology, Inc. (a)	12,885		5,541
TriQuint Semiconductor, Inc. (a)	87,741		394,835
Ultratech, Inc. (a)	14,773		242,720
Varian Semiconductor Equipment Associates, Inc. (a)	21,080		927,942
Veeco Instruments, Inc. (a)	16,440		291,152
Virage Logic Corp. (a)	6,362		66,737
Vitesse Semiconductor Corp. (a)	121,183		255,696
Volterra Semiconductor Corp. (a)	14,179		178,939
White Electronic Designs Corp. (a)	5,571		28,134
Zilog, Inc. (a)	8,368		22,175
Zoran Corp. (a)	30,773		520,679
			52,564,100
Software - 2.6%
Activision, Inc. (a)	146,157		1,945,350
Actuate Corp. (a)	49,006		161,720
Adept Technology, Inc. (a)	1,291		14,821
Advent Software, Inc. (a)	17,829		510,623
Agile Software Corp. (a)	31,777		197,335
Altiris, Inc. (a)	10,171		167,923
	Shares		Value
American Software, Inc. Class A	5,825		$32,678
Analytical Surveys, Inc. (a)	240		319
Ansoft Corp. (a)	4,117		142,819
Ansys, Inc. (a)	14,927		627,233
Applix, Inc. (a)	3,275		22,761
ARI Network Services, Inc. (a)	2,620		5,633
Artisoft, Inc. (a)	1,066		1,706
Aspen Technology, Inc. (a)	17,144		126,866
Atari, Inc. (a)	40,661		51,233
Authentidate Holding Corp. (a)	8,307		15,866
Avatech Solutions, Inc. (a)	735		831
AXS-One, Inc. (a)	5,614		10,386
BEA Systems, Inc. (a)	215,158		1,886,936
BindView Development Corp. (a)	17,684		70,029
Bitstream, Inc. Class A (a)	3,682		12,595
Blackbaud, Inc.	10,813		183,280
Blackboard, Inc. (a)	13,362		413,420
Borland Software Corp. (a)	51,221		310,911
Bottomline Technologies, Inc. (a)	7,799		86,569
BSQUARE Corp. (a)	2,830		7,075
Cadence Design Systems, Inc. (a)	153,629		2,633,201
CAM Commerce Solutions, Inc.	1,965		33,798
Captaris, Inc. (a)	10,666		43,624
Captiva Software Corp. (a)	7,292		161,226
Catapult Communications Corp. (a)	3,462		58,542
CCC Information Services Group, Inc. (a)	5,308		138,592
Concur Technologies, Inc. (a)	19,834		250,503
Convera Corp. Class A (a)	8,548		133,349
DATATRAK International, Inc. (a)	9,664		112,006
Datawatch Corp. (a)	3,120		13,915
Digimarc Corp. (a)	4,491		27,395
DocuCorp International, Inc. (a)	5,314		33,584
Dynamics Research Corp. (a)	2,901		46,155
ebix.com, Inc. (a)	421		7,477
Embarcadero Technologies, Inc. (a)	7,901		59,574
eMerge Interactive, Inc. Class A (a)	4,201		1,596
Epicor Software Corp. (a)	16,904		233,444
EPIQ Systems, Inc. (a)	7,558		143,678
ePlus, Inc. (a)	3,612		52,302
Evans & Sutherland Computer Corp. (a)	4,929		25,828
Evolving Systems, Inc. (a)	3,885		8,236
FactSet Research Systems, Inc.	18,896		731,653
Fair, Isaac & Co., Inc.	34,765		1,592,932
FalconStor Software, Inc. (a)	11,290		85,691
FileNET Corp. (a)	21,372		575,762
Forgent Networks, Inc. (a)	9,544		16,702
Gensym Corp. (a)	4,023		8,448
GraphOn Corp. (a)	7,300		2,044
GSE Systems, Inc. (a)	1,893		2,272
Guardian Technologies International (a)	560		1,792
Hyperion Solutions Corp. (a)	20,202		1,069,696
i2 Technologies, Inc. (a)	9,321		128,164
Informatica Corp. (a)	45,276		508,902
Intellisync Corp. (a)	36,225		184,023
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Software - continued
Interactive Intelligence, Inc. (a)	2,713		$13,321
Internet Security Systems, Inc. (a)	21,102		482,392
InterVideo, Inc. (a)	4,632		47,432
Intervoice, Inc. (a)	14,415		124,690
Intrusion, Inc. (a)	1,567		4,215
Jack Henry & Associates, Inc.	46,590		891,733
JAMDAT Mobile, Inc. (a)	9,327		213,308
JDA Software Group, Inc. (a)	18,714		280,710
Kronos, Inc. (a)	17,060		807,450
Lawson Software, Inc. (a)	37,697		286,120
Logility, Inc. (a)	7,206		41,795
Macromedia, Inc. (a)	40,629		1,822,617
Macrovision Corp. (a)	29,462		457,839
Magma Design Automation, Inc. (a)	23,182		195,888
Majesco Entertainment Co. (a)	18,551		25,600
Manhattan Associates, Inc. (a)	20,433		437,471
Manugistics Group, Inc. (a)	22,995		44,150
MapInfo Corp. (a)	18,383		264,164
McAfee, Inc. (a)	84,310		2,344,661
Mentor Graphics Corp. (a)	37,683		337,640
MetaSolv, Inc. (a)	10,105		28,799
Micromuse, Inc. (a)	56,069		415,471
MICROS Systems, Inc. (a)	21,746		1,050,549
MicroStrategy, Inc. Class A (a)	6,010		443,959
Midway Games, Inc. (a)	19,693		431,671
Mobius Management Systems, Inc. (a)	6,867		42,507
Moldflow Corp. (a)	3,930		56,199
Motive, Inc. (a)	11,600		36,192
MRO Software, Inc. (a)	9,923		151,227
Napster, Inc. (a)	25,066		87,731
NAVTEQ Corp. (a)	49,177		2,065,434
NEON Systems, Inc. (a)	1,123		4,748
Netguru, Inc. (a)	1,800		1,296
NetIQ Corp. (a)	31,798		379,986
NetManage, Inc. (a)	1,259		6,698
NetScout Systems, Inc. (a)	9,644		53,814
Netsmart Technologies, Inc. (a)	3,644		50,214
NetSol Technologies, Inc. (a)	880		1,619
Nuance Communications, Inc. (a)	76,676		476,925
Omtool Ltd. (a)	200		1,436
ONYX Software Corp. (a)	982		3,241
Open Solutions, Inc. (a)	7,145		158,333
OpenTV Corp. Class A (a)	89,696		201,816
Opnet Technologies, Inc. (a)	6,308		60,620
Opsware, Inc. (a)	55,228		325,845
PASW, Inc. (a)	3,300		347
Peerless Systems Corp. (a)	6,456		45,450
Pegasystems, Inc. (a)	8,702		63,612
Pervasive Software, Inc. (a)	3,743		15,870
Phoenix Technologies Ltd. (a)	6,540		41,398
Plato Learning, Inc. (a)	5,621		40,584
	Shares		Value
Progress Software Corp. (a)	23,085		$714,250
QAD, Inc.	13,833		107,897
Quality Systems, Inc.	5,738		465,467
Quest Software, Inc. (a)	25,575		402,806
Quovadx, Inc. (a)	11,829		32,766
Radiant Systems, Inc. (a)	6,737		87,783
Red Hat, Inc. (a)	97,490		2,297,839
Renaissance Learning, Inc.	1,747		34,660
Reynolds & Reynolds Co. Class A	36,047		981,920
RSA Security, Inc. (a)	50,137		651,781
SAFLINK Corp. (a)	59,330		54,584
Salesforce.com, Inc. (a)	43,441		1,383,596
Scientific Learning Corp. (a)	3,264		15,373
SCO Group, Inc. (a)	3,511		14,606
Secure Computing Corp. (a)	20,864		286,671
Segue Software, Inc. (a)	2,713		17,472
SERENA Software, Inc. (a)	17,016		398,855
Smith Micro Software, Inc. (a)	6,638		45,338
Sonic Foundry, Inc. (a)	10,711		13,389
Sonic Solutions, Inc. (a)	12,392		190,837
SPSS, Inc. (a)	15,151		437,561
SSA Global Technologies, Inc.	6,135		111,534
StorageNetworks, Inc. (a)	29,377		0
SumTotal Systems, Inc. (a)	15,011		65,148
Sybase, Inc. (a)	50,253		1,128,180
Synopsys, Inc. (a)	77,379		1,510,438
Synplicity, Inc. (a)	6,924		52,969
Take-Two Interactive Software, Inc. (a)	37,219		679,247
TeleCommunication Systems, Inc. Class A (a)	3,743		8,422
TenFold Corp. (a)	6,737		2,021
THQ, Inc. (a)	32,962		748,897
TIBCO Software, Inc. (a)	118,370		990,757
Transaction Systems Architects, Inc. Class A (a)	19,517		567,945
Ulticom, Inc. (a)	5,893		67,887
Ultimate Software Group, Inc. (a)	11,363		195,557
VA Software Corp. (a)	13,984		21,955
Vasco Data Security International, Inc. (a)	13,265		149,629
Verint Systems, Inc. (a)	6,268		235,865
Verity, Inc. (a)	22,745		299,779
Versant Corp. (a)	308		1,106
VerticalNet, Inc. (a)	4,472		2,191
Viewpoint Corp. (a)	6,830		7,786
Visual Networks, Inc. (a)	9,356		13,192
Voxware, Inc. (a)	6,500		403
WatchGuard Technologies, Inc. (a)	7,672		27,312
Wave Systems Corp. Class A (a)	14,715		11,772
Wind River Systems, Inc. (a)	43,049		593,215
Witness Systems, Inc. (a)	12,684		254,314
			48,382,783
TOTAL INFORMATION TECHNOLOGY			292,576,860
Common Stocks - continued
	Shares		Value
MATERIALS - 3.6%
Chemicals - 1.5%
A. Schulman, Inc.	18,560		$387,718
Airgas, Inc.	33,657		1,046,733
Albemarle Corp.	19,042		700,746
Altair Nanotechnologies, Inc. (a)	15,064		36,530
American Pacific Corp. (a)	6,762		28,468
American Vanguard Corp.	7,670		176,794
Arch Chemicals, Inc.	14,064		400,121
Balchem Corp.	6,664		183,793
Cabot Corp.	37,230		1,304,912
Calgon Carbon Corp.	19,943		114,872
Celanese Corp. Class A	33,944		587,231
CF Industries Holdings, Inc.	22,000		339,900
Chemtura Corp.	131,587		1,585,623
Cytec Industries, Inc.	19,584		886,959
Eden Bioscience Corp. (a)	11,228		7,074
Ferro Corp.	26,096		493,214
FMC Corp. (a)	19,259		1,024,001
Georgia Gulf Corp.	18,325		510,535
H.B. Fuller Co.	18,199		563,805
Hawkins, Inc.	5,284		74,504
Huntsman Corp.	52,082		989,558
Kronos Worldwide, Inc.	4,133		130,396
Landec Corp. (a)	4,226		31,146
LESCO, Inc. (a)	4,008		63,527
LSB Industries, Inc. (a)	3,264		16,646
Lubrizol Corp.	37,171		1,568,988
Lyondell Chemical Co.	122,646		3,118,888
MacDermid, Inc.	13,898		394,842
Material Sciences Corp. (a)	5,053		73,319
Minerals Technologies, Inc.	11,385		644,619
Mosaic Co. (a)	76,168		1,031,315
Nalco Holding Co.	43,520		732,006
Nanophase Technologies Corp. (a)	5,146		31,082
NewMarket Corp. (a)	4,749		104,098
NL Industries, Inc.	2,181		32,279
Olin Corp.	47,665		917,551
OM Group, Inc. (a)	15,898		250,870
OMNOVA Solutions, Inc. (a)	18,956		89,093
Penford Corp.	1,403		18,660
Pioneer Companies, Inc. (a)	7,295		181,135
PolyOne Corp. (a)	46,301		267,157
Quaker Chemical Corp.	4,322		77,493
Rockwood Holdings, Inc.	20,456		373,117
RPM International, Inc.	70,004		1,302,074
Sensient Technologies Corp.	26,401		479,706
Spartech Corp.	16,265		344,981
Stepan Co.	3,010		77,748
Symyx Technologies, Inc. (a)	15,834		431,477
Terra Industries, Inc. (a)	57,036		342,786
The Scotts Co. Class A	25,710		1,206,313
Tronox, Inc. Class A	3,034		41,050
	Shares		Value
Valhi, Inc.	8,061		$141,632
Valspar Corp.	49,210		1,237,632
W.R. Grace & Co. (a)	22,167		192,631
Wellman, Inc.	18,990		147,173
Westlake Chemical Corp.	6,116		171,370
Zoltek Companies, Inc. (a)	2,526		22,229
			27,730,120
Construction Materials - 0.4%
Eagle Materials, Inc.	10,288		1,182,091
Florida Rock Industries, Inc.	28,491		1,420,846
Headwaters, Inc. (a)	24,272		864,811
Lafarge North America, Inc.	16,074		884,070
Martin Marietta Materials, Inc.	25,704		1,930,627
Texas Industries, Inc.	11,626		579,905
U.S. Concrete, Inc. (a)	11,868		97,555
			6,959,905
Containers & Packaging - 0.6%
AEP Industries, Inc. (a)	1,858		42,734
Aptargroup, Inc.	17,722		972,052
Caraustar Industries, Inc. (a)	11,241		110,836
Chesapeake Corp.	8,263		145,429
Constar International, Inc. (a)	2,862		8,586
Crown Holdings, Inc. (a)	93,015		1,724,498
Graphic Packaging Corp. (a)	49,076		133,487
Greif Brothers Corp. Class A	7,628		458,061
Longview Fibre Co.	27,165		577,528
MOD-PAC Corp. (sub. vtg.) (a)	1,684		19,366
Myers Industries, Inc.	11,528		161,277
Owens-Illinois, Inc. (a)	75,649		1,645,366
Packaging Corp. of America	39,233		909,813
Packaging Dynamics Corp.	5,375		55,088
Rock-Tenn Co. Class A	12,646		168,192
Silgan Holdings, Inc.	15,625		551,406
Smurfit-Stone Container Corp. (a)	146,337		1,854,090
Sonoco Products Co.	51,888		1,488,148
			11,025,957
Metals & Mining - 1.0%
A.M. Castle & Co. (a)	5,414		111,799
AK Steel Holding Corp. (a)	49,183		407,727
Aleris International, Inc. (a)	17,516		582,407
Amcol International Corp.	14,746		300,081
Brush Engineered Materials, Inc. (a)	8,109		128,852
Canyon Resources Corp. (a)	8,249		6,764
Carpenter Technology Corp.	13,679		896,658
Century Aluminum Co. (a)	11,816		273,186
Chaparral Steel Co. (a)	11,626		290,650
Cleveland-Cliffs, Inc.	12,498		1,190,934
Coeur d'Alene Mines Corp. (a)	148,556		640,276
Commercial Metals Co.	34,180		1,199,718
Compass Minerals International, Inc.	16,304		392,600
Gibraltar Industries, Inc.	16,064		353,247
Glamis Gold Ltd. (a)	73,946		1,649,513
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Metals & Mining - continued
Hecla Mining Co. (a)	71,181		$251,981
Meridian Gold, Inc. (a)	55,992		1,079,566
NN, Inc.	5,189		51,579
Northwest Pipe Co. (a)	2,655		65,207
Olympic Steel, Inc. (a)	5,717		121,200
Oregon Steel Mills, Inc. (a)	17,814		487,213
Quanex Corp.	12,724		786,979
Reliance Steel & Aluminum Co.	17,175		1,107,959
Roanoke Electric Steel Corp.	4,310		100,380
Rock of Ages Corp. Class A	600		2,520
Royal Gold, Inc.	11,756		305,891
RTI International Metals, Inc. (a)	13,020		485,646
Ryerson Tull, Inc.	15,717		355,047
Schnitzer Steel Industries, Inc. Class A	12,586		434,091
Southern Copper Corp.	21,245		1,351,394
Steel Dynamics, Inc.	27,276		944,295
Steel Technologies, Inc.	9,322		246,940
Stillwater Mining Co. (a)	30,042		321,149
Titanium Metals Corp. (a)	9,640		608,766
Universal Stainless & Alloy Products, Inc. (a)	384		5,440
Wheeling Pittsburgh Corp. (a)	3,638		32,633
Worthington Industries, Inc.	38,481		780,779
			18,351,067
Paper & Forest Products - 0.1%
Bowater, Inc.	28,625		888,806
Buckeye Technologies, Inc. (a)	16,675		127,064
Deltic Timber Corp.	4,683		210,829
MAXXAM, Inc. (a)	2,331		76,923
Neenah Paper, Inc.	6,000		168,360
P.H. Glatfelter Co.	28,046		404,423
Pope & Talbot, Inc.	3,531		28,213
Potlatch Corp.	16,306		788,232
Schweitzer-Mauduit International, Inc.	7,420		176,670
Wausau-Mosinee Paper Corp.	26,262		310,417
			3,179,937
TOTAL MATERIALS			67,246,986
TELECOMMUNICATION SERVICES - 1.7%
Diversified Telecommunication Services - 0.6%
Alaska Communication Systems Group, Inc.	8,561		85,696
Allegiance Telecom, Inc. (a)	15,750		72
Arbinet-thexchange, Inc.	8,129		53,326
Atlantic Tele-Network, Inc.	2,585		107,019
Broadwing Corp. (a)	43,884		294,900
C2 Global Technologies, Inc. (a)	275		193
Cincinnati Bell, Inc. (a)	127,576		497,546
Cogent Communications Group, Inc. (a)	87		472
	Shares		Value
Commonwealth Telephone Enterprises, Inc.	14,738		$510,819
Consolidated Communications Holdings, Inc.	22,499		293,162
Covad Communications Group, Inc. (a)	173,698		135,484
CT Communications, Inc.	14,682		180,882
D&E Communications, Inc.	5,104		46,191
eLEC Communications Corp. (a)	14,200		6,248
FairPoint Communications, Inc.	12,449		148,766
Fonix Corp. (a)	595		17
General Communications, Inc. Class A (a)	18,974		192,586
Global Crossing Ltd. (a)	6,900		117,576
HickoryTech Corp.	10,207		80,635
Hungarian Telephone & Cable Corp. (a)	3,053		50,222
IDT Corp. Class B (a)	38,521		469,956
Iowa Telecommunication Services, Inc.	13,847		233,322
Level 3 Communications, Inc. (a)	364,914		1,240,708
MCI, Inc.	157,026		3,118,536
Moscow CableCom Corp. (a)	3,275		18,715
NeuStar, Inc. Class A	14,137		428,634
North Pittsburgh Systems, Inc.	5,561		108,884
Pac-West Telecomm, Inc. (a)	6,849		5,890
PanAmSat Holding Corp.	31,660		767,755
Premiere Global Services, Inc. (a)	39,920		301,795
Primus Telecommunications Group, Inc. (a)	28,517		27,661
Rapid Link, Inc. (a)	4,800		504
Shenandoah Telecommunications Co.	7,394		300,862
SureWest Communications	5,402		152,877
Talk America Holdings, Inc. (a)	17,075		163,920
Time Warner Telecom, Inc. Class A (a)	41,308		388,295
U.S. LEC Corp. Class A (a)	5,708		10,560
Valor Communications Group, Inc.	23,981		291,129
Warwick Valley Telephone Co.	842		16,907
WQN, Inc. (a)	1,740		2,732
XETA Technologies, Inc. (a)	3,181		6,839
			10,858,293
Wireless Telecommunication Services - 1.1%
@Road, Inc. (a)	15,022		74,509
Alamosa Holdings, Inc. (a)	79,295		1,465,372
American Tower Corp. Class A (a)	221,995		6,058,244
Centennial Communications Corp. Class A (a)	17,544		278,423
Crown Castle International Corp. (a)	124,190		3,402,806
Dobson Communications Corp. Class A (a)	67,651		498,588
First Ave Networks, Inc. (a)	24,000		127,200
GoAmerica, Inc. (a)	118		513
InPhonic, Inc.	15,876		187,496
LCC International, Inc. (a)	9,142		27,426
Leap Wireless International, Inc. (a)	19,700		749,782
Metro One Telecommunications, Inc. (a)	6,550		3,013
Nextel Partners, Inc. Class A (a)	22,267		590,076
Common Stocks - continued
	Shares		Value
TELECOMMUNICATION SERVICES - continued
Wireless Telecommunication Services - continued
NII Holdings, Inc. (a)	64,366		$2,796,703
Price Communications Corp. (a)	26,945		408,756
Rural Cellular Corp. Class A (a)	3,181		44,216
SBA Communications Corp. Class A (a)	42,677		786,964
SkyTerra Communications, Inc. (a)	1,881		64,800
SunCom Wireless Holdings, Inc. Class A (a)	20,145		51,370
Syniverse Holdings, Inc.	18,182		351,640
Telephone & Data Systems, Inc.	60,838		2,223,629
U.S. Cellular Corp. (a)	7,631		387,655
Ubiquitel, Inc. (a)	47,417		463,738
USA Mobility, Inc.	16,032		437,674
Wireless Facilities, Inc. (a)	21,324		118,135
			21,598,728
TOTAL TELECOMMUNICATION SERVICES			32,457,021
UTILITIES - 3.4%
Electric Utilities - 0.9%
Allete, Inc.	15,089		697,866
Capital Rock Energy Corp. (a)	485		9,690
Central Vermont Public Service Corp.	4,526		92,330
Cleco Corp.	30,451		672,358
DPL, Inc.	62,719		1,602,470
Duquesne Light Holdings, Inc.	40,735		690,458
El Paso Electric Co. (a)	23,885		516,633
Empire District Electric Co.	13,229		268,681
Great Plains Energy, Inc.	46,732		1,358,032
Green Mountain Power Corp.	3,042		89,861
Hawaiian Electric Industries, Inc.	47,767		1,262,959
IDACORP, Inc.	20,404		582,738
ITC Holdings Corp.	11,362		313,818
MGE Energy, Inc.	10,865		381,579
Northeast Utilities	69,834		1,297,516
Otter Tail Corp.	15,829		475,661
Pepco Holdings, Inc.	109,676		2,376,679
Reliant Energy, Inc. (a)	160,788		1,472,818
Sierra Pacific Resources (a)	65,326		880,594
UIL Holdings Corp.	8,334		402,699
Unisource Energy Corp.	18,785		607,883
Unitil Corp.	2,839		72,054
Westar Energy, Inc.	50,029		1,131,656
			17,257,033
Gas Utilities - 1.1%
AGL Resources, Inc.	45,435		1,607,036
Atmos Energy Corp.	48,201		1,280,701
Cascade Natural Gas Corp.	4,582		92,969
Chesapeake Utilities Corp.	7,710		240,167
Delta Natural Gas Co., Inc.	2,782		71,080
Energen Corp.	36,505		1,339,734
	Shares		Value
EnergySouth, Inc.	8,653		$239,602
Equitable Resources, Inc.	68,330		2,554,859
Laclede Group, Inc.	9,640		288,814
National Fuel Gas Co.	46,828		1,510,203
New Jersey Resources Corp.	15,267		649,000
Northwest Natural Gas Co.	12,795		439,636
ONEOK, Inc.	59,316		1,627,038
Piedmont Natural Gas Co., Inc.	36,220		850,808
Questar Corp.	50,108		3,736,052
SEMCO Energy, Inc. (a)	5,396		32,160
South Jersey Industries, Inc.	17,998		517,443
Southern Union Co.	62,936		1,485,290
Southwest Gas Corp.	19,512		520,580
UGI Corp.	51,188		1,126,136
WGL Holdings, Inc.	32,163		978,398
			21,187,706
Independent Power Producers & Energy Traders - 0.1%
Black Hills Corp.	21,642		791,015
NRG Energy, Inc. (a)	47,239		2,062,927
Ormat Technologies, Inc.	303		7,590
			2,861,532
Multi-Utilities - 1.1%
Alliant Energy Corp.	65,069		1,844,706
Aquila, Inc. (a)	146,336		519,493
Avista Corp.	27,686		488,658
CH Energy Group, Inc.	10,164		474,659
Energy East Corp.	83,441		1,956,691
Florida Public Utilities Co.	5,845		82,707
MDU Resources Group, Inc.	62,459		2,050,529
NorthWestern Energy Corp.	18,206		564,022
NSTAR	55,720		1,565,175
OGE Energy Corp.	56,546		1,513,171
PNM Resources, Inc.	30,987		804,732
Puget Energy, Inc.	63,431		1,318,096
SCANA Corp.	60,544		2,398,753
Vectren Corp.	45,168		1,226,311
Wisconsin Energy Corp.	59,715		2,266,184
WPS Resources Corp.	20,147		1,083,506
			20,157,393
Water Utilities - 0.2%
American States Water Co.	11,845		362,457
Aqua America, Inc.	48,639		1,799,157
Artesian Resources Corp. Class A	2,509		74,643
Cadiz, Inc. (a)	14,433		286,639
California Water Service Group	10,939		388,881
Connecticut Water Service, Inc.	5,523		139,345
Middlesex Water Co.	9,279		176,765
Common Stocks - continued
	Shares		Value
UTILITIES - continued
Water Utilities - continued
SJW Corp.	2,247		$114,597
Southwest Water Co.	6,669		90,432
			3,432,916
TOTAL UTILITIES			64,896,580
TOTAL COMMON STOCKS (Cost $1,542,965,550)		1,817,616,659

U.S. Treasury Obligations - 0.2%
	Principal Amount
U.S. Treasury Bills, yield at date of purchase 3.32% 12/22/05 (d) (Cost $3,991,958)	$4,000,000	3,991,044

Money Market Funds - 13.0%
	Shares
Fidelity Cash Central Fund, 4.08% (b)	59,803,769		59,803,769
Fidelity Securities Lending Cash Central Fund, 4.09% (b)(c)	184,808,112		184,808,112
TOTAL MONEY MARKET FUNDS (Cost $244,611,881)		244,611,881

TOTAL INVESTMENT PORTFOLIO - 109.5% (Cost $1,791,569,389) 2,066,219,584

NET OTHER ASSETS - (9.5)%	(179,858,435)
NET ASSETS - 100%	$1,886,361,149

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/ (Depreciation)
Purchased
Equity Index Contracts
585 Russell 1000 Mini Index Contracts	Dec. 2005	$39,668,850	$1,276,271
76 S&P 500 E-Mini Index Contracts	Dec. 2005	4,754,180	107,053
11 S&P 500 Index Contracts	Dec. 2005	3,440,525	74,523
278 S&P MidCap 400 E-Mini Index Contracts	Dec. 2005	20,421,880	633,185
TOTAL EQUITY INDEX CONTRACTS		$68,285,435	$2,091,032

The face value of futures purchased as a percentage of net assets - 3.7%

Swap Agreements
	Expiration Date	Notional Amount	Value
Equity Total Return Swaps
Receive monthly a return equal to Plains All American Pipeline LP and pay monthly a floating rate based on 1-month LIBOR plus 40 basis points with Goldman Sachs	Sept. 2006	$1,134,250	$(143,253)

Legend

(a)Non-income producing

(b)Affiliated fund that is 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.

(c)Investment made with cash collateral received from securities on loan.

(d)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 $3,991,044.

Affiliated Central Funds

Information regarding income received by the fund from the affiliated Central funds during the period is as follows:

Fund	Income Received
Fidelity Cash Central Fund	$881,326
Fidelity Securities Lending Cash Central Fund	1,952,794
Total	$2,834,120

Income Tax Information

At November 30, 2005, the aggregate cost of investment securities for income tax purposes was $1,801,332,405. Net unrealized appreciation aggregated $264,887,179, of which $489,929,381 related to appreciated investment securities and $225,042,202 related to depreciated investment securities.

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR Corp. or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Spartan ® International Index Fund

November 30, 2005

SPI-QTLY-0106

1.810719.101

Investments November 30, 2005 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 96.9%
	Shares		Value
Australia - 5.2%
Alinta Ltd.	30,277		$247,157
Alumina Ltd.	210,492		988,986
Amcor Ltd.	156,289		809,364
AMP Ltd.	314,762		1,792,810
Ansell Ltd.	25,930		206,883
APN News & Media Ltd.	28,780		101,629
Aristocrat Leisure Ltd.	38,855		354,209
Australia & New Zealand Banking Group Ltd.	290,421		5,129,855
Australian Gas Light Co.	65,033		783,103
Australian Stock Exchange Ltd.	16,315		367,608
AXA Asia Pacific Holdings Ltd.	115,745		434,374
Babcock & Brown Ltd.	19,561		254,332
BHP Billiton Ltd.	562,854		9,053,783
Billabong International Ltd.	14,668		138,050
BlueScope Steel Ltd.	122,030		640,063
Boral Ltd.	113,032		685,555
Brambles Industries Ltd.	170,500		1,220,522
Caltex Australia Ltd.	15,461		242,142
Centro Properties Group unit	114,455		533,533
CFS Gandel Retail Trust	347,512		494,195
Challenger Financial Services Group Ltd.	44,690		130,408
Coca-Cola Amatil Ltd.	66,134		372,775
Cochlear Ltd.	12,912		379,642
Coles Myer Ltd.	170,445		1,257,903
Commonwealth Bank of Australia	206,482		6,376,113
Commonwealth Property Office Fund	253,363		236,772
Computershare Ltd.	54,899		283,896
CSL Ltd.	32,804		959,665
CSR Ltd.	119,744		279,536
DB RREEF Trust unit	498,081		507,781
DCA Group Ltd.	41,114		120,277
Downer EDI Ltd.	29,737		152,020
Fosters Group Ltd.	318,022		1,327,404
Futuris Corp. Ltd.	28,902		42,062
Harvey Norman Holdings Ltd.	119,495		255,120
Iluka Resources Ltd.	58,142		338,894
ING Industrial Fund	114,900		190,137
Insurance Australia Group Ltd.	239,655		929,487
Investa Property Group unit	317,314		475,864
John Fairfax Holdings Ltd.	110,515		320,040
Leighton Holdings Ltd.	25,636		307,184
Lend Lease Corp. Ltd.	64,349		665,530
Lion Nathan Ltd.	36,606		201,198
Macquarie Airports unit	76,647		176,664
Macquarie Bank Ltd.	34,892		1,748,160
Macquarie Communications Infrastructure Group unit	39,263		161,851
Macquarie Goodman Group unit	221,053		707,102
Macquarie Infrastructure Group unit	356,770		927,745
Mayne Pharma Ltd. (a)	125,108		247,695
Mirvac Group unit	180,259		539,324
Multiplex Group unit	66,304		161,641
	Shares		Value
National Australia Bank Ltd.	251,696		$6,025,786
Newcrest Mining Ltd.	55,972		880,740
OneSteel Ltd.	142,555		379,125
Orica Ltd.	50,435		743,687
Origin Energy Ltd.	98,888		515,027
Pacific Brands Ltd.	154,209		326,956
PaperlinX Ltd.	51,762		130,778
Patrick Corp. Ltd.	84,443		456,638
Perpetual Trustees Australia Ltd.	8,210		394,234
Publishing & Broadcasting Ltd.	18,053		220,722
Qantas Airways Ltd.	170,088		473,710
QBE Insurance Group Ltd.	124,131		1,749,670
Rinker Group Ltd.	144,147		1,669,741
Rio Tinto Ltd.	45,643		2,082,471
Santos Ltd.	82,432		694,831
SFE Corp. Ltd.	14,934		147,173
Sonic Healthcare Ltd.	48,511		537,563
Stockland unit	199,789		916,559
Suncorp-Metway Ltd.	90,047		1,317,140
Symbion Health Ltd.	125,108		340,119
Tabcorp Holdings Ltd.	72,910		834,865
Telstra Corp. Ltd.	351,488		999,698
The GPT Group unit	305,015		883,293
Toll Holdings Ltd.	46,206		473,789
Transurban Group unit	123,376		617,045
UNiTAB Ltd.	14,511		138,717
Wesfarmers Ltd.	59,124		1,552,311
Westfield Group unit	227,335		2,865,120
Westpac Banking Corp.	286,899		4,756,083
Woodside Petroleum Ltd.	71,408		1,843,705
Woolworths Ltd.	179,979		2,261,641
TOTAL AUSTRALIA			82,486,980
Austria - 0.4%
Andritz AG	1,200		119,889
Bank Austria Creditanstalt AG (a)	5,116		631,322
Boehler-Uddeholm AG	1,540		251,473
Erste Bank der Oesterreichischen Sparkassen AG	20,092		1,070,583
Flughafen Wien AG	1,669		106,009
IMMOFINANZ Immobilien Anlagen AG (a)	58,728		555,929
Mayr-Melnhof Karton AG	1,559		208,042
Meinl European Land Ltd. (a)	22,020		384,961
Oesterreichische Elektrizitaetswirtschafts AG (Verbund)	1,515		475,601
OMV AG	23,800		1,315,014
RHI AG (a)	250		6,955
Telekom Austria AG	55,092		1,248,247
voestalpine AG	3,528		335,630
Wienerberger Baustoffindust AG	7,460		286,692
TOTAL AUSTRIA			6,996,347
Common Stocks - continued
	Shares		Value
Belgium - 1.1%
Agfa-Gevaert NV	15,132		$298,436
Barco NV	1,359		94,601
Bekaert SA	3,498		275,870
Belgacom SA	23,395		782,698
Cofinimmo SA (a)	490		76,190
Colruyt NV	1,877		252,469
Compagnie Maritime Belge SA (CMB)	845		27,244
D'ieteren SA	140		36,441
Delhaize Group	12,792		809,034
Dexia SA	82,787		1,806,455
Euronav NV	1,014		28,569
Fortis	184,361		5,481,163
Fortis (strip VVPR) (a)	1,764		166
Groupe Bruxelles Lambert SA (GBL)	12,276		1,128,782
InBev SA	28,352		1,199,877
KBC Groupe SA	29,183		2,537,176
Mobistar SA	3,279		265,363
Omega Pharma SA	2,960		136,784
Solvay SA	9,317		1,029,139
UCB SA	14,171		698,289
Umicore SA	3,682		396,941
TOTAL BELGIUM			17,361,687
Bermuda - 0.0%
Frontline Ltd.	7,750		318,651
Noble Group Ltd.	135,000		107,757
SCMP Group Ltd.	46,000		16,165
TOTAL BERMUDA			442,573
Cayman Islands - 0.0%
Hutchison Telecommunications International Ltd. (a)	290,000		409,499
Kingboard Chemical Holdings Ltd.	103,000		247,053
TOTAL CAYMAN ISLANDS			656,552
Denmark - 0.8%
A.P. Moller - Maersk AS Series B	206		1,938,724
Bang & Olufsen AS Series B	2,900		268,340
Carlsberg AS Series B	4,238		220,541
Coloplast AS Series B	4,910		267,548
Dampskibsselskabet TORM AS	2,050		95,493
Danisco AS	7,325		515,584
Danske Bank AS	65,948		2,122,745
DSV de Sammensluttede Vognmaend AS	3,019		310,868
East Asiatic Co. Ltd.	4,141		375,311
FLS Industries	1,400		39,417
GN Store Nordic AS	42,265		503,059
H. Lundbeck AS	13,435		277,319
Kobenhaven Lufthave AS	1,255		394,036
NKT Holding AS	900		37,582
Novo Nordisk AS Series B	40,080		2,155,452
Novozymes AS Series B	7,193		361,231
TDC AS	30,773		1,842,330
	Shares		Value
Topdanmark AS (a)	4,615		$376,663
Vestas Wind Systems AS (a)	23,428		349,260
William Demant Holding AS (a)	4,767		251,839
TOTAL DENMARK			12,703,342
Finland - 1.4%
Amer Group PLC (A Shares)	10,650		191,962
Cargotec Corp. (B Shares) (a)	5,320		174,347
Elisa Corp. (A Shares)	20,250		386,483
Fortum Oyj	61,612		1,083,659
KCI Konecranes Oyj	700		31,135
Kesko Oyj	12,100		314,095
Kone Oyj (B Shares) (a)	10,640		355,718
Metso Corp.	13,807		361,173
Neste Oil Oyj	24,006		703,242
Nokia Corp.	697,226		11,908,623
Nokian Tyres Ltd.	16,500		214,934
Orion-Yhtyma Oyj (B Shares)	16,800		298,060
Outokumpu Oyj (A Shares)	15,725		211,327
Rautaruukki Oyj (K Shares)	21,500		439,234
Sampo Oyj (A Shares)	68,905		1,124,205
Stora Enso Oyj (R Shares)	96,945		1,244,774
TietoEnator Oyj	16,860		561,878
UPM-Kymmene Corp.	83,918		1,577,659
Uponor Oyj	14,100		308,334
Wartsila Oyj (B Shares)	11,350		305,063
YIT-Yhtyma OY	12,350		499,949
TOTAL FINLAND			22,295,854
France - 8.8%
Accor SA	31,008		1,650,403
Air France KLM (Reg.)	26,409		491,890
Alcatel SA (RFD) (a)	194,359		2,398,390
Alstom SA (a)	21		30
Alstom SA (a)	19,487		1,103,817
Atos Origin SA (a)	10,713		721,749
Autoroutes du Sud de la France	10,476		597,105
AXA SA	228,331		6,859,063
BIC SA	4,989		292,065
BNP Paribas SA	125,985		9,980,371
Bouygues SA	30,496		1,459,219
Business Objects SA (a)	11,324		450,016
Cap Gemini SA (a)	17,752		703,773
Carrefour SA	92,352		4,017,272
Casino Guichard Perrachon et Compagnie	5,455		359,150
CNP Assurances	6,865		519,558
Compagnie de St. Gobain	47,271		2,738,904
Credit Agricole SA	91,210		2,762,264
Dassault Systemes SA	10,711		594,084
Essilor International SA	16,057		1,335,426
France Telecom SA	269,404		6,732,407
Gecina SA	1,357		152,131
Groupe Danone	37,148		3,823,035
Common Stocks - continued
	Shares		Value
France - continued
Hermes International SA	2,952		$682,073
Imerys	3,562		247,745
Klepierre SA	2,873		265,528
L'Air Liquide SA	16,134		2,917,601
L'Oreal SA	46,351		3,349,486
Lafarge SA (Bearer)	28,112		2,415,894
Lagardere S.C.A. (Reg.)	21,145		1,500,592
Louis Vuitton Moet Hennessy (LVMH)	38,929		3,340,898
Michelin SA (Compagnie Generale des Etablissements) Series B	22,458		1,224,451
Neopost SA	5,912		557,549
PagesJaunes Groupe SA	16,110		392,360
Pernod Ricard SA	10,723		1,755,808
Peugeot Citroen SA	27,560		1,663,442
Pinault Printemps-Redoute SA	11,529		1,242,893
Publicis Groupe SA	20,653		699,727
Renault SA	30,917		2,420,048
Safran SA	25,486		544,400
Sanofi-Aventis	166,360		13,378,672
Schneider Electric SA	35,404		3,057,162
SCOR SA	86,044		174,465
Societe des Autoroutes du Nord et de l'Est de la France	2,898		193,021
Societe Des Autoroutes Paris-Rhin-Rhone	7,128		499,129
Societe Generale Series A	55,341		6,595,636
Sodexho Alliance SA	14,959		597,101
Suez SA (France)	158,726		4,543,131
Technip-Coflexip SA	13,024		738,496
Television Francaise 1 SA	20,760		521,763
Thales SA	12,297		548,686
Thomson SA	45,550		933,247
Total SA:
(strip VVPR) (a)	774		9
Series B	88,941		22,180,107
Unibail (Reg.)	7,976		994,785
Valeo SA	9,846		364,342
Veolia Environnement	52,800		2,262,543
Vinci SA	24,321		1,938,147
Vivendi Universal SA	174,800		5,060,460
Zodiac SA	5,619		337,822
TOTAL FRANCE			139,881,341
Germany - 6.3%
Adidas-Salomon AG	7,770		1,365,614
Allianz AG (Reg.)	59,390		8,611,550
Altana AG	11,139		589,591
BASF AG	85,249		6,257,277
Bayer AG	104,659		4,160,195
Beiersdorf AG	3,863		467,230
Celesio AG	6,136		486,592
Commerzbank AG	87,357		2,586,878
Continental AG	19,509		1,653,799
	Shares		Value
DaimlerChrysler AG (Reg.)	145,244		$7,304,321
Deutsche Bank AG	76,478		7,450,487
Deutsche Boerse AG	16,554		1,629,476
Deutsche Lufthansa AG (Reg.)	46,505		624,427
Deutsche Post AG	96,029		2,086,346
Deutsche Telekom AG (Reg.)	435,555		7,225,859
Douglas Holding AG	5,588		209,480
E.ON AG	98,115		9,316,019
Epcos AG (a)	2,900		35,964
Fresenius Medical Care AG	5,942		564,651
HeidelbergCement AG (strip VVPR) (a)	239		3
Heidelberger Druckmaschinen AG	5,758		206,214
Hochtief AG	7,053		285,434
Hypo Real Estate Holding AG	22,281		1,160,955
Infineon Technologies AG (a)	114,787		1,027,343
IVG Immobilien AG	7,107		137,317
KarstadtQuelle AG (a)	19,211		247,530
Linde AG	14,576		1,043,862
MAN AG	24,150		1,204,248
Merck KGaA	7,763		635,200
Metro AG	23,567		1,056,270
MLP AG	10,000		196,043
Muenchener Rueckversicherungs-Gesellschaft AG (Reg.)	28,452		3,718,315
Premiere AG	5,340		151,207
Puma AG	2,978		803,720
RWE AG	64,561		4,467,524
SAP AG	35,102		6,339,421
Schering AG	27,059		1,746,117
Siemens AG (Reg.)	125,381		9,475,043
Suedzucker AG (Bearer)	9,065		201,329
Thyssenkrupp AG	58,368		1,175,914
TUI AG	41,669		804,119
Volkswagen AG	31,531		1,655,938
Wincor Nixdorf AG	1,767		172,933
TOTAL GERMANY			100,537,755
Greece - 0.6%
Alpha Bank AE	43,258		1,274,867
Bank of Piraeus	26,850		534,921
Coca-Cola Hellenic Bottling Co. SA (Bearer)	18,741		488,693
Cosmote Mobile Telecommunications SA	26,126		558,071
EFG Eurobank Ergasias SA	27,930		887,666
Emporiki Bank of Greece SA	10,212		292,293
Emporiki Bank of Greece SA rights 12/21/05 (a)	10,212		26,605
Folli Follie SA	730		19,104
Germanos SA	4,000		64,601
Greek Organization of Football Prognostics SA	39,855		1,228,137
Hellenic Duty Free Shops SA	1,170		19,806
Hellenic Exchanges Holding SA	7,100		67,293
Hellenic Petroleum SA	24,620		344,216
Common Stocks - continued
	Shares		Value
Greece - continued
Hellenic Technodomiki Tev SA	6,240		$30,748
Hellenic Telecommunication Organization SA (OTE) (a)	41,328		885,721
Hyatt Regency SA (Reg.)	3,104		36,226
Intracom SA (Reg.)	5,790		33,718
National Bank of Greece SA	44,231		1,731,105
Public Power Corp. of Greece	22,110		460,297
Technical Olympic SA (Reg.)	3,590		19,891
Titan Cement Co. SA (Reg.)	9,270		328,931
Viohalco SA	19,130		133,504
TOTAL GREECE			9,466,414
Hong Kong - 1.6%
ASM Pacific Technology Ltd.	54,829		301,204
Bank of East Asia Ltd.	206,982		619,243
BOC Hong Kong Holdings Ltd.	635,566		1,213,006
Cathay Pacific Airways Ltd.	160,327		278,080
Cheung Kong Holdings Ltd.	221,449		2,304,559
Cheung Kong Infrastructure Holdings Ltd.	68,450		221,558
CLP Holdings Ltd.	313,157		1,845,521
Esprit Holdings Ltd.	160,523		1,132,310
Giordano International Ltd.	290,194		163,722
Hang Lung Properties Ltd.	253,423		380,726
Hang Seng Bank Ltd.	113,901		1,507,008
Henderson Land Development Co. Ltd.	123,963		548,311
Hong Kong & China Gas Co. Ltd.	619,427		1,314,004
Hong Kong Electric Holdings Ltd.	254,676		1,243,067
Hong Kong Exchanges & Clearing Ltd.	188,198		684,392
Hopewell Holdings Ltd.	94,000		230,921
Hutchison Whampoa Ltd.	331,158		3,143,067
Hysan Development Co. Ltd.	68,932		163,561
Johnson Electric Holdings Ltd.	276,062		283,018
Kerry Properties Ltd.	121,500		325,897
Li & Fung Ltd.	256,930		518,525
MTR Corp. Ltd.	262,482		526,345
New World Development Co. Ltd.	380,988		503,588
Orient Overseas International Ltd.	15,400		50,144
PCCW Ltd.	670,751		428,161
Shangri-La Asia Ltd.	154,842		223,639
Sino Land Co.	187,442		222,380
SmarTone Telecommunications Holdings Ltd.	14,000		15,255
Solomon Systech Ltd.	310,000		126,925
Sun Hung Kai Properties Ltd.	210,141		2,002,607
Swire Pacific Ltd. (A Shares)	157,384		1,428,808
Techtronic Industries Co. Ltd.	188,000		480,025
Television Broadcasts Ltd.	52,000		281,304
Texwinca Holdings Ltd.	26,000		18,441
Wharf Holdings Ltd.	205,965		731,738
	Shares		Value
Wing Hang Bank Ltd.	16,500		$114,474
Yue Yuen Industrial Holdings Ltd.	66,000		177,456
TOTAL HONG KONG			25,752,990
Ireland - 0.8%
Allied Irish Banks PLC	133,471		2,874,297
Bank of Ireland	157,229		2,429,931
C&C Group PLC	38,916		238,097
CRH PLC	84,471		2,235,540
DCC PLC (Ireland)	10,825		194,989
DEPFA BANK PLC	59,879		897,884
Elan Corp. PLC (a)	73,490		754,579
Fyffes PLC (Ireland)	53,646		129,643
Grafton Group PLC Class A unit	36,355		338,571
Greencore Group PLC	55,849		220,556
IAWS Group PLC	16,000		225,019
IAWS Group PLC (Ireland)	9,000		126,573
Independent News & Media PLC	47,343		128,922
Independent News & Media PLC (Ireland)	26,951		73,391
Irish Life & Permanent PLC	49,760		897,492
Kerry Group PLC Class A	25,606		553,605
Kingspan Group PLC (Ireland)	17,895		218,550
Paddy Power PLC (United Kingdom)	6,000		74,975
Ryanair Holdings PLC (a)	35,718		301,059
TOTAL IRELAND			12,913,673
Italy - 3.5%
Alleanza Assicurazioni Spa	58,825		692,765
Arnoldo Mondadori Editore Spa	30,725		283,966
Assicurazioni Generali Spa	151,213		4,695,301
Autogrill Spa	14,172		190,456
Autostrade Spa	43,694		986,906
Banca Antonveneta Spa	12,285		379,288
Banca Fideuram Spa	46,828		256,971
Banca Intesa Spa	516,355		2,495,691
Banca Monte dei Paschi di Siena Spa	180,791		868,060
Banca Nazionale del Lavoro (BNL) (a)	202,354		640,016
Banca Popolare di Milano	56,169		549,583
Banche Popolari Unite S.c.a.r.l.	58,391		1,283,070
Banco Popolare di Verona e Novara	57,229		1,111,139
Benetton Group Spa	3,165		35,445
Bulgari Spa	18,787		194,008
Capitalia Spa	238,685		1,339,339
Enel Spa	701,315		5,522,658
ENI Spa	419,705		11,383,240
Fiat Spa (a)	91,629		745,316
Fiat Spa rights 12/14/05 (a)	91,629		248
Fineco Spa	24,831		232,713
Finmeccanica Spa	53,960		997,417
Gruppo Editoriale L'espresso Spa	11,600		58,664
Italcementi Spa	17,867		301,405
Lottomatica Spa New	3,000		102,348
Luxottica Group Spa	23,613		583,168
Mediaset Spa	126,217		1,329,447
Common Stocks - continued
	Shares		Value
Italy - continued
Mediobanca Spa	70,597		$1,245,020
Mediolanum Spa	35,212		223,945
Pirelli & C Spa	402,858		357,369
San Paolo IMI Spa	183,474		2,771,374
Seat Pagine Gialle Spa	809,700		378,370
Snam Rete Gas Spa	165,985		702,069
Telecom Italia Media Spa (a)	69,534		39,354
Telecom Italia Spa	1,633,317		4,578,186
Terna Spa	157,207		381,766
Tiscali Spa (a)	45,537		158,897
Unicredito Italiano Spa	1,179,781		7,308,574
TOTAL ITALY			55,403,552
Japan - 24.0%
77 Bank Ltd.	50,223		369,259
Acom Co. Ltd.	10,740		640,860
Aderans Co. Ltd.	10,300		257,876
Advantest Corp.	11,495		1,045,654
Aeon Co. Ltd.	107,300		2,390,912
Aeon Credit Service Ltd.	6,200		467,749
Aiful Corp.	10,955		831,967
Aisin Seiki Co. Ltd.	32,600		1,006,635
Ajinomoto Co., Inc.	80,866		803,092
Alfresa Holdings Corp.	2,000		88,295
All Nippon Airways Co. Ltd.	63,000		210,307
Alps Electric Co. Ltd.	22,977		362,992
Amada Co. Ltd.	49,000		406,476
Amano Corp.	3,000		48,145
Anritsu Corp.	4,000		21,765
Aoyama Trading Co. Ltd.	11,000		341,498
Ariake Japan Co. Ltd.	990		21,647
Asahi Breweries Ltd.	72,903		870,030
Asahi Glass Co. Ltd.	167,677		1,931,102
Asahi Kasei Corp.	180,727		1,012,041
Asatsu-DK, Inc.	9,400		303,593
Ashikaga Financial Group, Inc. (a)	605		5
Astellas Pharma, Inc.	85,300		3,295,965
Autobacs Seven Co. Ltd.	1,600		71,972
Bank of Fukuoka Ltd.	73,300		549,941
Bank of Kyoto Ltd.	48,000		530,774
Bank of Yokohama Ltd.	197,084		1,472,065
Benesse Corp.	8,100		257,551
Bridgestone Corp.	111,479		2,395,647
Canon Sales Co., Inc.	16,000		333,820
Canon, Inc.	119,363		6,716,556
Casio Computer Co. Ltd.	33,300		572,485
Central Glass Co. Ltd.	38,000		212,477
Central Japan Railway Co.	240		2,063,009
Chiba Bank Ltd.	121,674		996,138
Chiyoda Corp.	18,000		350,010
Chubu Electric Power Co., Inc.	95,864		2,288,096
Chugai Pharmaceutical Co. Ltd.	41,025		926,123
	Shares		Value
Circle K Sunkus Co. Ltd.	3,100		$69,981
Citizen Watch Co. Ltd.	48,766		402,907
Coca-Cola West Japan Co. Ltd.	11,900		259,700
COMSYS Holdings Corp.	19,000		222,942
Credit Saison Co. Ltd.	25,552		1,098,208
Csk Holdings Corp.	10,800		478,598
Dai Nippon Printing Co. Ltd.	100,242		1,710,786
Daicel Chemical Industries Ltd.	46,000		295,982
Daido Steel Co. Ltd.	72,000		524,565
Daiichi Sankyo Co. Ltd. (a)	99,370		1,812,005
Daikin Industries Ltd.	37,194		1,011,913
Dainippon Ink & Chemicals, Inc.	122,995		446,508
Dainippon Screen Manufacturing Co. Ltd.	27,000		209,781
Daito Trust Construction Co.	10,363		505,934
Daiwa House Industry Co. Ltd.	86,184		1,198,988
Daiwa Securities Group, Inc.	213,985		2,087,615
Denki Kagaku Kogyo KK	65,358		255,814
Denso Corp.	87,138		2,683,407
Dentsu, Inc.	239		644,248
Dowa Mining Co. Ltd.	37,168		324,764
E*TRADE Securities Co. Ltd.	89		467,190
eAccess Ltd.	181		108,910
East Japan Railway Co.	528		3,322,445
Ebara Corp.	14,934		61,817
Eisai Co. Ltd.	38,478		1,480,355
Electric Power Development Co. Ltd.	23,400		759,658
Elpida Memory, Inc.	3,900		112,614
FamilyMart Co. Ltd.	8,900		263,676
Fanuc Ltd.	29,572		2,425,978
Fast Retailing Co. Ltd.	7,100		503,059
Fuji Electric Holdings Co. Ltd.	94,153		436,094
Fuji Photo Film Co. Ltd.	79,605		2,547,360
Fuji Soft ABC, Inc.	2,200		64,444
Fuji Television Network, Inc.	136		297,367
Fujikura Ltd.	49,000		376,215
Fujitsu Ltd.	279,075		2,040,223
Furukawa Electric Co. Ltd. (a)	83,790		504,174
Glory Ltd.	6,400		104,846
Gunma Bank Ltd.	43,663		297,342
Gunze Ltd.	60,000		339,996
Hakuhodo DY Holdings, Inc.	2,600		169,247
Hankyu Department Stores, Inc.	40,000		336,157
Hikari Tsushin, Inc.	2,600		185,738
Hino Motors Ltd.	29,000		179,095
Hirose Electric Co. Ltd.	4,198		564,755
Hitachi Cable Ltd.	8,000		33,382
Hitachi Capital Corp.	4,500		90,131
Hitachi Chemical Co. Ltd.	13,500		310,953
Hitachi Construction Machinery Co. Ltd.	19,200		373,344
Hitachi Ltd.	514,271		3,469,786
Hitachi Software Engineerng Co. Ltd.	1,400		25,003
Hokkaido Electric Power Co., Inc.	28,200		561,294
Hokuhoku Financial Group, Inc.	193,715		834,191
Common Stocks - continued
	Shares		Value
Japan - continued
Honda Motor Co. Ltd.	127,280		$7,117,498
House Foods Corp.	4,000		55,881
Hoya Corp.	67,516		2,439,760
Ibiden Co. Ltd.	15,700		843,797
Index Corp.	206		259,595
INPEX Corp.	76		556,245
Isetan Co. Ltd.	35,000		690,799
Ishihara Sangyo Kaisha Ltd.	14,000		24,536
Ishikawajima-Harima Heavy Industries Co. Ltd. (a)	206,185		528,260
Ito En Ltd.	5,100		244,732
Itochu Corp.	230,986		1,744,564
ITOCHU TECHNO-SCIENCE Corp. (CTC)	7,200		300,438
JAFCO Co. Ltd.	4,600		326,693
Japan Airlines Corp.	74,420		187,564
Japan Prime Realty Investment Corp.	36		98,844
Japan Real Estate Investment Corp.	38		299,370
Japan Retail Fund Investment Corp.	27		201,894
Japan Tobacco, Inc.	145		1,948,258
JFE Holdings, Inc.	90,575		2,872,397
JGC Corp.	31,117		566,118
Joyo Bank Ltd.	93,941		533,110
Js Group Corp.	39,459		729,411
JSR Corp.	34,216		833,805
Kajima Corp.	156,317		784,031
Kaken Pharmaceutical Co. Ltd.	4,000		29,209
Kamigumi Co. Ltd.	30,663		252,827
Kaneka Corp.	38,559		460,488
Kansai Electric Power Co., Inc.	118,936		2,531,081
Kansai Paint Co. Ltd. Osaka	50,000		349,677
Kao Corp.	82,750		1,947,465
Katokichi Co. Ltd.	6,000		38,757
Kawasaki Heavy Industries Ltd.	229,945		642,867
Kawasaki Kisen Kaisha Ltd.	75,000		445,024
KDDI Corp.	418		2,190,728
Keihin Electric Express Railway Co. Ltd.	73,061		454,250
Keio Corp.	77,410		436,067
Keisei Electric Railway Co.	57,000		380,555
Keyence Corp.	5,500		1,399,958
Kikkoman Corp.	19,849		188,841
Kinden Corp.	34,000		297,935
Kintetsu Corp.	268,100		971,044
Kirin Brewery Co. Ltd.	123,256		1,321,794
Kobe Steel Ltd.	382,000		1,118,982
Kokuyo Co. Ltd.	5,000		74,817
Komatsu Ltd.	148,145		2,067,168
Komori Corp.	15,000		287,294
Konami Corp.	14,000		279,825
Konica Minolta Holdings, Inc.	77,000		706,222
Kose Corp.	3,300		118,698
Koyo Seiko Co. Ltd.	16,000		280,409
Kubota Corp.	159,864		1,246,092
	Shares		Value
Kuraray Co. Ltd.	53,986		$533,440
Kuraya Sanseido, Inc.	19,200		265,347
Kurita Water Industries Ltd.	13,300		228,095
Kyocera Corp.	26,002		1,781,137
Kyowa Hakko Kogyo Co. Ltd.	34,000		240,334
Kyushu Electric Power Co., Inc.	60,770		1,295,784
Lawson, Inc.	6,616		263,922
Leopalace21 Corp.	20,800		666,572
Mabuchi Motor Co. Ltd.	5,121		284,631
Makita Corp.	13,000		318,965
Marubeni Corp.	240,244		1,192,950
Marui Co. Ltd.	48,749		915,379
Matsui Securities Co. Ltd.	11,200		111,229
Matsumotokiyoshi Co. Ltd.	10,000		283,747
Matsushita Electric Industrial Co. Ltd.	336,073		6,781,953
Matsushita Electric Works Co. Ltd.	51,000		486,910
Meiji Dairies Corp.	43,000		215,314
Meiji Seika Kaisha Ltd.	56,888		293,401
Meitec Corp.	4,900		162,754
Millea Holdings, Inc.	233		3,850,115
Minebea Co. Ltd.	60,008		326,019
Mitsubishi Chemical Holdings Corp. (a)	195,775		1,145,323
Mitsubishi Corp.	188,502		3,862,069
Mitsubishi Electric Corp.	290,106		1,946,549
Mitsubishi Estate Co. Ltd.	180,723		2,649,950
Mitsubishi Gas Chemical Co., Inc.	48,867		400,479
Mitsubishi Heavy Industries Ltd.	463,256		1,952,383
Mitsubishi Logistics Corp.	26,000		333,937
Mitsubishi Materials Corp.	123,937		502,678
Mitsubishi Rayon Co. Ltd.	75,312		448,761
Mitsubishi UFJ Financial Group, Inc.	1,163		14,711,950
Mitsubishi UFJ Securities Co. Ltd.	45,000		518,256
Mitsui & Co. Ltd.	224,123		2,760,739
Mitsui Chemicals, Inc.	100,683		557,926
Mitsui Engineering & Shipbuilding Co.	150,000		391,821
Mitsui Fudosan Co. Ltd.	119,677		1,932,610
Mitsui Mining & Smelting Co. Ltd.	112,154		637,403
Mitsui O.S.K. Lines Ltd.	176,285		1,300,529
Mitsui Sumitomo Insurance Co. Ltd.	192,475		2,200,632
Mitsui Trust Holdings, Inc.	81,300		1,000,772
Mitsukoshi Ltd.	48,376		243,041
Mitsumi Electric Co. Ltd.	3,300		33,929
Mizuho Financial Group, Inc.	1,521		10,726,017
Murata Manufacturing Co. Ltd.	30,454		1,738,413
Namco Bandai Holdings, Inc. (a)	27,350		414,273
NEC Corp.	302,951		1,833,002
NEC Electronics Corp.	6,500		227,290
Net One Systems Co. Ltd.	59		127,528
NGK Insulators LTD	38,309		591,779
NGK Spark Plug Co. Ltd.	34,000		717,880
NHK Spring Co. Ltd.	17,000		163,013
Nichii Gakkan Co.	900		22,045
Nichirei Corp.	14,860		60,271
Nidec Corp.	17,342		1,244,658
Common Stocks - continued
	Shares		Value
Japan - continued
Nikko Cordial Corp.	120,563		$1,645,070
Nikon Corp.	51,838		784,762
Nintendo Co. Ltd.	17,096		1,877,600
Nippon Building Fund, Inc.	69		555,110
Nippon Electric Glass Co. Ltd.	33,000		669,226
Nippon Express Co. Ltd.	130,546		699,441
Nippon Kayaku Co. Ltd.	41,000		322,320
Nippon Light Metal Co. Ltd.	77,000		192,139
Nippon Meat Packers, Inc.	38,740		396,372
Nippon Mining Holdings, Inc.	112,000		734,671
Nippon Oil Corp.	184,129		1,338,422
Nippon Paper Group, Inc.	128		446,518
Nippon Sheet Glass Co. Ltd.	56,000		235,076
Nippon Shokubai Co. Ltd.	33,000		348,658
Nippon Steel Corp.	958,661		3,264,208
Nippon Telegraph & Telephone Corp.	841		3,801,320
Nippon Yusen KK	177,578		1,081,844
Nishi-Nippon City Bank Ltd.	93,000		553,382
Nishimatsu Construction Co. Ltd.	68,000		284,882
Nissan Chemical Industries Co. Ltd.	26,000		356,286
Nissan Motor Co. Ltd.	349,648		3,585,640
Nisshin Seifun Group, Inc.	26,090		254,314
Nisshin Steel Co. Ltd.	124,000		355,986
Nisshinbo Industries, Inc.	30,000		284,164
Nissin Food Products Co. Ltd.	9,723		268,584
Nitori Co. Ltd.	2,900		216,124
Nitto Denko Corp.	26,294		1,803,770
NOK Corp.	13,900		372,368
Nomura Holdings, Inc.	288,947		4,810,968
Nomura Real Estate Office Fund, Inc.	21		144,936
Nomura Research Institute Ltd.	3,200		328,479
NSK Ltd.	81,576		530,338
NTN Corp.	81,611		559,852
NTT Data Corp.	233		824,469
NTT DoCoMo, Inc.	2,768		4,334,688
NTT Urban Development Co.	24		123,981
Obayashi Corp.	113,704		802,784
Obic Co. Ltd.	1,100		177,175
Odakyu Electric Railway Co. Ltd.	79,000		426,564
Oji Paper Co. Ltd.	105,352		541,597
Oki Electric Industry Co. Ltd.	50,000		166,910
Okumura Holdings, Inc.	47,000		264,369
Olympus Corp.	31,429		807,856
Omron Corp.	36,160		823,841
Onward Kashiyama Co. Ltd.	28,000		465,011
Oracle Corp. Japan	4,100		162,529
Oriental Land Co. Ltd.	8,056		428,936
ORIX Corp.	13,178		2,844,007
Osaka Gas Co. Ltd.	298,525		979,097
Pioneer Corp.	30,238		419,156
Promise Co. Ltd.	12,975		783,968
QP Corp.	7,000		59,470
	Shares		Value
Rakuten, Inc.	765		$555,435
Resona Holdings, Inc. (a)	719		2,322,161
Ricoh Co. Ltd.	105,770		1,849,265
Rinnai Corp.	2,600		62,600
Rohm Co. Ltd.	16,044		1,451,425
Ryohin Keikaku Co. Ltd.	5,300		348,542
Sanden Corp.	5,000		24,828
Sanken Electric Co. Ltd.	11,000		152,114
Sankyo Co. Ltd. (Gunma)	10,200		515,001
Santen Pharmaceutical Co. Ltd.	14,900		361,231
Sanwa Shutter Corp.	12,000		66,697
Sanyo Electric Co. Ltd. (a)	220,382		491,066
Sapporo Breweries Ltd.	51,578		273,763
SBI Holdings, Inc.	1,049		569,038
Secom Co. Ltd.	32,267		1,661,485
Sega Sammy Holdings, Inc.	24,100		774,338
Seiko Epson Corp.	22,600		579,028
Seino Holdings Co. Ltd.	19,000		173,628
Sekisui Chemical Co. Ltd.	70,293		481,624
Sekisui House Ltd.	78,467		933,157
Seven & I Holdings Co. Ltd. (a)	127,976		4,485,702
SFCG Co. Ltd.	640		135,665
Sharp Corp.	150,675		2,333,844
Shimachu Co. Ltd.	11,100		309,401
Shimamura Co. Ltd.	3,800		459,520
SHIMANO, Inc.	11,000		263,009
SHIMIZU Corp.	77,416		509,754
Shin-Etsu Chemical Co. Ltd.	59,062		3,070,780
Shinko Securities Co. Ltd.	109,000		453,920
Shinsei Bank Ltd.	132,000		740,280
Shionogi & Co. Ltd.	56,091		689,055
Shiseido Co. Ltd.	52,950		853,740
Shizuoka Bank Ltd.	78,274		762,326
Showa Denko KK	149,336		557,089
Showa Shell Sekiyu KK	24,300		273,369
Skylark Co. Ltd.	15,551		248,141
SMC Corp.	8,871		1,190,450
Softbank Corp.	39,510		3,178,606
Sojitz Corp. (a)	16,000		89,464
Sompo Japan Insurance, Inc.	127,712		1,683,997
Sony Corp.	158,985		5,884,035
Stanley Electric Co. Ltd.	20,825		339,596
Sumitomo Bakelite Co. Ltd.	43,000		313,282
Sumitomo Chemical Co. Ltd.	231,334		1,442,157
Sumitomo Corp.	161,842		1,921,979
Sumitomo Electric Industries Ltd.	113,206		1,565,469
Sumitomo Heavy Industries Ltd.	100,822		735,393
Sumitomo Metal Industries Ltd.	614,966		2,134,996
Sumitomo Metal Mining Co. Ltd.	84,065		847,490
Sumitomo Mitsui Financial Group, Inc.	742		6,997,371
Sumitomo Osaka Cement Co. Ltd.	97,144		262,672
Sumitomo Realty & Development Co. Ltd.	68,000		1,133,854
Sumitomo Rubber Industries Ltd.	18,000		243,655
Sumitomo Trust & Banking Co. Ltd.	200,344		1,687,019
Common Stocks - continued
	Shares		Value
Japan - continued
Suzuken Co. Ltd.	10,760		$328,659
T&D Holdings, Inc.	37,900		2,394,350
Taiheiyo Cement Corp.	162,684		654,402
Taisei Corp.	135,594		579,379
Taisho Pharmaceutical Co. Ltd.	25,524		459,038
Taiyo Nippon Sanso Corp. Tokyo	33,000		212,059
Taiyo Yuden Co. Ltd.	10,000		110,494
Takara Holdings, Inc.	28,551		166,076
Takashimaya Co. Ltd.	50,000		773,628
Takeda Pharamaceutical Co. Ltd.	140,642		7,723,133
Takefuji Corp.	18,341		1,239,826
Takuma Co. Ltd.	3,000		22,308
Tanabe Seiyaku Co. Ltd.	48,000		463,476
TDK Corp.	20,325		1,701,312
Teijin Ltd.	125,341		686,198
Teikoku Oil Co. Ltd.	45,000		503,234
Terumo Corp.	30,812		853,710
The Daimaru, Inc.	29,000		390,620
The Goodwill Group, Inc.	25		47,152
The Suruga Bank Ltd.	29,000		330,115
THK Co. Ltd.	21,200		560,851
TIS, Inc.	5,600		136,232
Tobu Railway Co. Ltd.	125,297		553,158
Toda Corp.	54,762		315,798
Toho Co. Ltd.	16,554		332,945
Tohoku Electric Power Co., Inc.	64,190		1,240,141
Tokuyama Corp.	42,000		484,757
Tokyo Broadcasting System, Inc.	4,700		108,846
Tokyo Electric Power Co.	184,618		4,437,303
Tokyo Electron Ltd.	24,718		1,499,686
Tokyo Gas Co. Ltd.	352,395		1,420,461
Tokyo Steel Manufacturing Co. Ltd.	12,200		158,933
Tokyo Style Co. Ltd.	5,000		61,548
Tokyo Tatemono Co. Ltd.	48,000		402,988
Tokyu Corp.	125,954		751,572
Tokyu Land Corp.	51,000		374,972
TonenGeneral Sekiyu KK	51,856		552,207
Toppan Printing Co. Ltd.	100,013		1,098,411
Toray Industries, Inc.	223,883		1,532,102
Toshiba Corp.	489,880		2,575,626
Tosoh Corp.	103,816		461,790
Toto Ltd.	55,185		496,009
Toyo Seikan Kaisha Ltd.	20,300		304,606
Toyo Suisan Kaisha Ltd.	20,000		320,134
Toyobo Co. Ltd.	85,000		220,613
Toyoda Gosei Co. Ltd.	7,500		143,334
Toyota Industries Corp.	31,786		1,103,524
Toyota Motor Corp.	461,851		22,342,043
Toyota Tsusho Corp.	30,000		610,891
Trend Micro, Inc.	13,000		439,391
Ube Industries Ltd.	163,605		420,533
Uni-Charm Corp.	9,260		424,264
	Shares		Value
Uniden Corp.	4,000		$75,777
UNY Co. Ltd.	30,000		407,594
Ushio, Inc.	16,000		357,188
USS Co. Ltd.	5,600		344,903
Wacoal Holdings Corp.	21,000		284,790
West Japan Railway Co.	297		1,137,684
Yahoo! Japan Corp.	1,126		1,362,571
Yakult Honsha Co. Ltd.	12,066		248,721
Yamada Denki Co. Ltd.	12,725		1,303,032
Yamaha Corp.	26,143		408,208
Yamaha Motor Co. Ltd. (a)	28,700		655,076
Yamato Holdings Co. Ltd.	59,232		972,824
Yamazaki Baking Co. Ltd.	8,000		62,625
Yaskawa Electric Corp. (a)	20,000		190,111
Yokogawa Electric Corp.	35,000		563,739
Zeon Corp.	25,000		311,287
TOTAL JAPAN			383,151,304
Luxembourg - 0.1%
Arcelor SA	79,029		1,894,942
Oriflame Cosmetics SA unit	2,300		60,508
Stolt Offshore SA (a)	31,600		328,956
Stolt-Nielsen SA	3,950		129,282
TOTAL LUXEMBOURG			2,413,688
Netherlands - 3.6%
ABN-AMRO Holding NV	282,790		6,945,321
Aegon NV	222,419		3,534,438
Akzo Nobel NV	42,201		1,895,921
ASML Holding NV (a)	73,745		1,412,954
Buhrmann NV	12,785		169,405
Corio NV	5,252		276,319
DSM NV	22,164		821,204
EADS NV	37,549		1,391,238
Euronext NV	15,281		690,117
Getronics NV	13,228		159,993
Hagemeyer NV (a)	81,351		226,325
Heineken NV (Bearer)	43,954		1,348,231
IHC Caland NV	6,817		535,614
ING Groep NV (Certificaten Van Aandelen)	295,126		9,544,376
James Hardie Industries NV	86,321		536,303
Koninklijke Ahold NV (a)	252,762		1,885,604
Koninklijke KPN NV	325,601		3,228,050
Koninklijke Numico NV (a)	26,218		1,080,512
Koninklijke Philips Electronics NV	207,941		5,809,871
Oce NV	18,965		270,742
QIAGEN NV (a)	18,885		215,057
Randstad Holdings NV	8,713		360,215
Reed Elsevier NV	107,770		1,435,605
Rodamco Europe NV	8,961		706,710
STMicroelectronics NV	97,030		1,707,728
TNT NV	66,521		1,796,563
Unilever NV (Certificaten Van Aandelen)	91,270		6,138,217
Common Stocks - continued
	Shares		Value
Netherlands - continued
Vedior NV (Certificaten Van Aandelen)	27,506		$389,430
VNU NV	38,542		1,204,034
Wereldhave NV	3,105		292,460
Wolters Kluwer NV (Certificaten Van Aandelen)	46,375		927,189
TOTAL NETHERLANDS			56,935,746
New Zealand - 0.2%
Auckland International Airport Ltd.	169,844		217,247
Contact Energy Ltd.	45,065		208,400
Fisher & Paykel Appliances Holdings Ltd.	11,536		26,349
Fisher & Paykel Healthcare Corp.	122,393		326,007
Fletcher Building Ltd.	56,191		286,310
Kiwi Income Property Trust	135,107		125,338
Sky City Entertainment Group Ltd.	48,532		160,309
Sky Network Television Ltd. New	9,874		44,412
Telecom Corp. of New Zealand Ltd.	288,630		1,166,064
The Warehouse Group Ltd.	10,165		26,790
Tower Ltd. (a)	15,726		22,104
Vector Ltd.	24,000		48,915
Waste Management NZ Ltd.	7,286		32,004
TOTAL NEW ZEALAND			2,690,249
Norway - 0.7%
DnB NOR ASA	114,959		1,207,266
Norsk Hydro ASA	24,160		2,427,355
Norske Skogindustrier ASA (A Shares)	33,300		486,871
Orkla ASA (A Shares)	33,869		1,261,855
Petroleum Geo-Services ASA (a)	8,790		249,204
ProSafe ASA	3,600		129,316
Schibsted ASA (B Shares)	11,400		323,200
Smedvig ASA (A Shares)	12,000		251,596
Statoil ASA	104,078		2,270,961
Storebrand ASA (A Shares)	28,850		265,504
TANDBERG ASA	25,950		231,112
TANDBERG Television ASA (a)	9,500		116,335
Telenor ASA	116,808		1,096,646
Tomra Systems AS	42,700		300,427
Yara International ASA	30,617		470,367
TOTAL NORWAY			11,088,015
Portugal - 0.3%
Banco Comercial Portugues SA (Reg.)	274,079		681,737
Banco Espirito Santo SA (BES) (Reg.)	21,873		344,230
BPI-SGPS SA	77,418		337,678
Brisa Auto-Estradas de Portugal SA	49,914		403,062
Cimpor-Cimentos de Portugal SGPS SA	31,922		171,222
Energias de Portugal SA	344,289		1,014,663
Jeronimo Martins SGPS SA	1,860		26,729
Portugal Telecom SGPS SA (Reg.)	127,317		1,166,181
	Shares		Value
PT Multimedia SGPS SA	4,308		$49,261
Sonae SGPS SA	169,057		288,975
TOTAL PORTUGAL			4,483,738
Singapore - 0.8%
Allgreen Properties Ltd.	15,000		11,884
Ascendas Real Estate Investment Trust (A-REIT)	207,100		238,778
CapitaLand Ltd.	224,000		434,411
CapitaMall Trust	139,000		184,917
Chartered Semiconductor Manufacturing Ltd. (a)	48,800		36,649
City Developments Ltd.	89,000		434,133
ComfortDelgro Corp. Ltd.	232,784		206,454
Cosco Investment (Singapore) Ltd.	58,000		80,932
Creative Technology Ltd. (Singapore)	3,000		24,656
Datacraft Asia Ltd.	11,000		11,330
DBS Group Holdings Ltd.	176,361		1,710,117
Fraser & Neave Ltd.	19,630		200,792
Haw Par Corp. Ltd.	6,000		17,915
Jardine Cycle & Carriage Ltd.	19,272		118,506
Keppel Corp. Ltd.	92,000		636,434
Keppel Land Ltd.	26,000		58,417
Neptune Orient Lines Ltd.	105,000		177,556
Olam International Ltd.	211,000		190,877
Oversea-Chinese Banking Corp. Ltd.	395,968		1,521,783
Overseas Union Enterprises Ltd.	6,000		34,589
Parkway Holdings Ltd.	22,000		26,666
SembCorp Industries Ltd.	138,130		218,061
SembCorp Logistics Ltd.	16,784		16,672
Sembcorp Marine Ltd.	24,000		37,746
Singapore Airlines Ltd.	81,170		561,514
Singapore Exchange Ltd.	54,000		87,802
Singapore Land Ltd.	6,000		18,979
Singapore Petroleum Co. Ltd.	24,000		67,546
Singapore Post Ltd.	269,000		187,678
Singapore Press Holdings Ltd.	270,021		718,438
Singapore Technologies Engineering Ltd.	298,161		463,645
Singapore Telecommunications Ltd.	1,083,187		1,607,520
SMRT Corp. Ltd.	112,000		71,519
STATS ChipPAC Ltd. (a)	183,000		120,103
Suntec (REIT)	300,000		191,569
United Overseas Bank Ltd.	176,846		1,516,151
United Overseas Land Ltd.	195,984		276,948
Venture Corp. Ltd.	30,808		249,553
Want Want Holdings Ltd.	53,000		53,530
Wing Tai Holdings Ltd.	39,000		32,283
TOTAL SINGAPORE			12,855,053
Spain - 3.7%
Abertis Infraestructuras SA	38,691		1,025,789
Acerinox SA (Reg.)	26,196		348,648
Actividades de Construccion y Servicios SA (ACS)	35,320		1,020,106
Common Stocks - continued
	Shares		Value
Spain - continued
Aguas de Barcelona SA	11,232		$257,534
Aguas de Barcelona SA Class A	112		2,568
Altadis SA (Spain)	44,031		1,861,347
Antena 3 Television SA	14,272		313,441
Azucarera Ebro Agricolas SA	8,948		158,225
Banco Bilbao Vizcaya Argentaria SA	535,422		9,439,488
Banco Popular Espanol SA (Reg.)	138,958		1,679,059
Banco Santander Central Hispano SA	941,907		11,952,802
Cintra Concesiones de Infrastructuras de Transporte SA	28,817		351,939
Corporacion Mapfre SA (Reg.)	16,065		269,870
Endesa SA	155,327		4,052,163
Fomento Construcciones y Contratas SA (FOCSA)	6,383		353,731
Gas Natural SDG SA Series E	29,835		814,560
Grupo Acciona SA	3,541		392,176
Grupo Auxiliar Metalurgico SA (Gamesa)	20,566		288,506
Grupo Ferrovial SA	9,779		681,303
Iberdrola SA	124,707		3,285,692
Iberia Lineas Aereas de Espana SA	53,405		136,616
Inditex SA	34,448		1,013,195
Indra Sistemas SA	24,240		478,637
Inmobiliaria Colonial	3,441		189,516
Metrovacesa SA	9,048		578,110
NH Hoteles SA	8,457		127,710
Promotora de Informaciones SA (PRISA)	11,702		201,681
Repsol YPF SA	145,805		4,304,163
Sogecable SA (a)	9,529		381,931
Telefonica Publicidad e Informacion SA	24,682		198,146
Telefonica SA	709,624		10,459,857
Union Fenosa SA	31,785		1,173,927
Vallehermoso SA	18,835		479,377
Zeltia SA	33,770		245,626
TOTAL SPAIN			58,517,439
Sweden - 2.2%
Alfa Laval AB	11,300		225,231
Assa Abloy AB (B Shares)	47,043		695,963
Atlas Copco AB:
(A Shares)	59,280		1,188,903
(B Shares)	30,855		551,971
Axfood AB	1,200		31,346
Billerud AB	2,900		34,376
Capio AB (a)	18,382		324,288
Castellum AB	7,500		272,981
D. Carnegie & Co. AB	4,190		58,875
Electrolux AB (B Shares)	50,869		1,183,952
Elekta AB (B Shares)	21,794		327,821
Eniro AB	24,815		270,346
Fabege AB	12,765		215,713
Gambro AB:
(A Shares)	20,900		206,348
	Shares		Value
(B Shares)	22,400		$221,158
Getinge AB (B Shares)	22,000		283,256
Hennes & Mauritz AB (H&M) (B Shares)	77,171		2,417,117
Hoganas AB (A Shares)	5,300		108,920
Holmen AB (B Shares)	7,300		228,647
Kungsleden AB	7,070		205,689
Lundin Petroleum AB (a)	28,400		290,065
Modern Times Group AB (MTG) (B Shares) (a)	10,400		403,640
Nordea Bank AB	336,773		3,283,302
OMX AB (a)	5,500		71,495
Sandvik AB	31,566		1,492,815
SAS AB (a)	3,600		41,114
Scania AB (B Shares)	14,504		502,769
Securitas AB (B Shares)	53,808		826,022
Skandia Foersaekrings AB	144,248		791,109
Skandinaviska Enskilda Banken AB (A Shares)	71,175		1,339,350
Skanska AB (B Shares)	60,869		908,043
SKF AB (B Shares)	62,600		817,617
SSAB Swedish Steel AB:
(A Shares)	3,420		110,084
(B Shares)	7,020		207,710
Svenska Cellulosa AB (SCA) (B Shares)	27,304		949,851
Svenska Handelsbanken AB (A Shares)	79,064		1,756,978
Swedish Match Co.	46,250		529,635
TELE2 AB (B Shares)	49,959		507,167
Telefonaktiebolaget LM Ericsson (B Shares)	2,349,573		7,654,910
Telelogic AB (a)	49,000		116,472
TeliaSonera AB	311,635		1,589,522
Trelleborg AB (B Shares)	9,000		149,304
Volvo AB:
(A Shares)	13,940		579,000
(B Shares)	36,922		1,581,555
Wihlborgs Fastigheter AB (a)	2,553		56,259
WM-Data AB (B Shares)	84,000		254,782
TOTAL SWEDEN			35,863,471
Switzerland - 7.0%
ABB Ltd. (Reg.) (a)	300,468		2,639,393
Adecco SA	21,399		976,492
Ciba Specialty Chemicals, Inc.	11,006		646,624
Clariant AG (Reg.)	37,465		510,038
Compagnie Financiere Richemont unit	78,872		3,119,249
Credit Suisse Group (Reg.)	197,115		9,558,107
Geberit AG (Reg.)	773		570,263
Givaudan AG	1,168		743,963
Holcim Ltd. (Reg.)	29,994		1,946,981
Kudelski SA (Bearer)	4,500		137,240
Kuehne & Nagel International AG	1,800		482,565
Kuoni Reisen Holding AG Class B (Reg.)	240		93,090
Logitech International SA (Reg.) (a)	15,398		704,993
Lonza Group AG	5,784		327,724
Common Stocks - continued
	Shares		Value
Switzerland - continued
Micronas Semiconductor Holding AG (a)	3,473		$113,579
Nestle SA (Reg.)	65,195		19,337,605
Nobel Biocare Holding AG (Switzerland)	3,589		817,512
Novartis AG (Reg.)	376,285		19,717,334
Phonak Holding AG	5,068		215,848
PSP Swiss Property AG	8,642		368,066
Rieter Holding AG (Reg.)	823		236,600
Roche Holding AG (participation certificate)	113,610		17,073,686
Schindler Holding AG	1,311		498,536
Serono SA Series B	1,010		740,532
SIG Holding AG	1,512		316,809
Societe Generale de Surveillance Holding SA (SGS) (Reg.)	729		590,474
Straumann Holding AG	1,625		352,226
Sulzer AG (Reg.)	730		352,550
Swiss Reinsurance Co. (Reg.)	51,234		3,783,566
Swisscom AG (Reg.)	3,640		1,139,879
Syngenta AG (Switzerland)	17,683		1,944,680
The Swatch Group AG:
(Bearer)	6,115		883,637
(Reg.)	12,039		355,260
UBS AG (Reg.)	168,015		15,443,939
Unaxis Holding AG (Reg.) (a)	1,400		196,874
Valora Holding AG	715		129,367
Zurich Financial Services AG	22,364		4,566,859
TOTAL SWITZERLAND			111,632,140
United Kingdom - 23.8%
3i Group PLC	97,554		1,430,825
Aegis Group PLC	170,932		351,077
Aggreko PLC	43,472		192,108
Alliance Unichem PLC	31,578		406,353
AMEC PLC	51,507		309,576
Amvescap PLC	105,080		717,898
Anglo American PLC (United Kingdom)	225,472		7,081,971
ARM Holdings PLC	204,390		431,286
Arriva PLC	21,148		209,955
Associated British Ports Holdings PLC	33,528		333,298
AstraZeneca PLC (United Kingdom)	254,705		11,729,164
Aviva PLC	383,545		4,554,100
BAA PLC	167,251		1,838,357
BAE Systems PLC	510,047		2,986,170
Balfour Beatty PLC	68,552		398,387
Barclays PLC	1,026,973		10,467,420
Barratt Developments PLC	41,107		643,798
BBA Group PLC	68,695		371,891
Bellway PLC	25,815		460,561
Berkeley Group Holdings PLC unit	21,080		370,798
BG Group PLC	552,895		5,168,732
BHP Billiton PLC	386,025		5,785,351
BOC Group PLC	73,949		1,423,551
Boots Group PLC	115,654		1,198,211
	Shares		Value
Bovis Homes Group PLC	11,179		$140,277
BP PLC	3,337,000		36,617,976
BPB PLC	83,004		1,106,158
Brambles Industries PLC	106,842		727,164
British Airways PLC (a)	71,359		385,695
British American Tobacco PLC	246,835		5,393,345
British Land Co. PLC	84,281		1,427,841
British Sky Broadcasting Group PLC (BSkyB)	193,570		1,653,905
Brixton PLC	53,669		375,481
BT Group PLC	1,347,289		4,997,103
Bunzl PLC	50,004		514,165
Cable & Wireless PLC	379,053		781,815
Cadbury Schweppes PLC	323,776		3,110,817
Capita Group PLC	100,767		683,203
Carnival PLC	28,025		1,570,979
Cattles PLC	36,852		188,827
Centrica PLC	590,595		2,349,434
Close Brothers Group PLC	18,076		265,277
Cobham PLC	162,610		466,875
Compass Group PLC	317,255		1,157,808
Cookson Group PLC (a)	19,288		128,104
Corus Group PLC	870,170		839,063
Daily Mail & General Trust PLC Class A	53,550		695,114
Davis Service Group PLC	27,173		214,313
De La Rue PLC	39,790		291,112
Diageo PLC	470,253		6,836,301
DSG International PLC	286,173		757,296
Eircom Group PLC	115,149		273,523
Electrocomponents PLC	71,601		318,891
EMAP PLC	40,012		595,161
EMI Group PLC	116,688		472,267
Enterprise Inns PLC	61,859		932,964
Exel PLC	50,167		1,050,771
First Choice Holidays PLC	46,831		173,540
FirstGroup PLC	80,965		481,377
FKI PLC	137,084		267,924
Friends Provident PLC	280,177		924,363
Gallaher Group PLC	100,990		1,527,726
George Wimpey PLC	61,706		467,196
GKN PLC	113,954		560,735
GlaxoSmithKline PLC	924,850		22,922,403
Great Portland Estates PLC	24,961		172,474
Group 4 Securicor PLC (United Kingdom)	148,450		397,335
GUS PLC	157,714		2,442,764
Hammerson PLC	37,534		619,975
Hanson PLC	122,038		1,255,908
Hays PLC	247,439		515,704
HBOS PLC	619,250		9,344,953
Hilton Group PLC	247,350		1,432,116
HMV Group PLC	76,140		246,264
HSBC Holdings PLC (United Kingdom) (Reg.)	1,792,031		28,651,005
Icap PLC	95,696		599,995
Common Stocks - continued
	Shares		Value
United Kingdom - continued
IMI PLC	41,120		$334,625
Imperial Chemical Industries PLC	189,289		1,061,576
Imperial Tobacco Group PLC	113,289		3,378,086
Inchcape PLC	10,881		442,641
InterContinental Hotel Group PLC	77,050		1,044,137
International Power PLC	272,363		1,155,321
Intertek Group PLC	15,417		189,990
Invensys PLC (a)	974,020		294,816
iSoft Group PLC	21,129		139,601
ITV PLC	667,217		1,252,110
J. Sainsbury PLC	226,805		1,116,042
Johnson Matthey PLC	39,206		845,599
Kelda Group PLC	48,374		612,447
Kesa Electricals PLC	84,921		362,058
Kingfisher PLC	356,646		1,387,924
Land Securities Group PLC	67,786		1,816,089
Legal & General Group PLC	1,001,251		2,026,164
Liberty International PLC	35,864		607,277
Lloyds TSB Group PLC	896,922		7,298,943
LogicaCMG PLC	185,422		511,526
London Stock Exchange PLC	35,961		372,878
Man Group PLC	45,232		1,388,641
Marconi Corp. PLC (a)	31,876		208,677
Marks & Spencer Group PLC	272,554		2,154,341
Meggitt PLC	79,014		457,478
MFI Furniture Group PLC	108,759		140,612
Misys PLC	113,341		425,395
Mitchells & Butlers PLC	72,566		468,153
National Express Group PLC Class L	24,250		378,324
National Grid PLC	438,125		4,061,706
Next PLC	37,905		908,013
Pearson PLC	115,134		1,339,188
Peninsular & Oriental Steam Navigation Co.	108,255		824,315
Persimmon PLC	50,681		968,619
Pilkington PLC	145,869		376,550
Premier Farnell PLC	119,063		331,550
Provident Financial PLC	38,167		393,441
Prudential PLC	395,376		3,607,268
Punch Taverns Ltd.	48,003		689,116
Rank Group PLC	93,290		498,585
Reckitt Benckiser PLC	96,349		2,982,950
Reed Elsevier PLC	193,557		1,724,097
Rentokil Initial PLC	312,082		871,740
Resolution PLC	37,172		413,081
Reuters Group PLC	242,609		1,682,662
Rexam PLC	97,030		856,737
Rio Tinto PLC (Reg.)	168,299		6,853,556
Rolls-Royce Group PLC	236,849		1,595,602
Royal & Sun Alliance Insurance Group PLC	519,660		1,020,142
	Shares		Value
Royal Bank of Scotland Group PLC	506,933		$14,467,057
Royal Dutch Shell PLC:
Class A (United Kingdom)	648,300		20,026,412
Class B	438,290		14,207,172
SABMiller PLC	141,533		2,514,050
Sage Group PLC	205,842		826,866
Schroders PLC	16,758		256,949
Scottish & Newcastle PLC	112,947		928,416
Scottish & Southern Energy PLC	132,913		2,255,185
Scottish Power PLC	288,827		2,652,638
Serco Group PLC	62,072		315,906
Severn Trent PLC	54,692		949,737
Signet Group PLC	264,787		472,860
Slough Estates PLC	57,689		544,793
Smith & Nephew PLC	150,042		1,336,874
Smiths Group PLC	91,471		1,540,948
SSL International PLC	16,114		78,665
Stagecoach Group PLC	148,026		302,110
Tate & Lyle PLC	65,105		617,642
Taylor Woodrow PLC	84,063		494,344
Tesco PLC	1,225,085		6,420,288
TI Automotive Ltd. (a)	22,478		0
Tomkins PLC	122,243		609,451
Travis Perkins PLC	13,435		294,880
Trinity Mirror PLC	58,155		612,059
Unilever PLC	441,730		4,333,370
United Business Media PLC	38,654		403,476
United Utilities PLC	131,894		1,474,821
Vodafone Group PLC	9,967,270		21,479,418
Whitbread PLC	41,773		680,962
William Hill PLC	66,726		588,010
Wolseley PLC	93,134		1,982,951
WPP Group PLC	178,346		1,753,140
Yell Group PLC	120,948		1,032,361
TOTAL UNITED KINGDOM			379,507,820
United States of America - 0.0%
Synthes, Inc.	7,422		798,732
TOTAL COMMON STOCKS (Cost $1,365,122,444)		1,546,836,455
Nonconvertible Preferred Stocks - 0.4%
Germany - 0.2%
Fresenius Medical Care AG	4,050		332,008
Henkel KGaA	8,656		834,697
Porsche AG (non-vtg.)	1,378		1,026,591
ProSiebenSat.1 Media AG	15,631		278,242
RWE AG (non-vtg.)	7,200		428,460
Volkswagen AG	15,102		579,487
TOTAL GERMANY			3,479,485
Nonconvertible Preferred Stocks - continued
	Shares		Value
Italy - 0.2%
Banca Intesa Spa (Risp)	131,341		$606,165
Telecom Italia Spa (Risp)	987,192		2,354,269
TOTAL ITALY			2,960,434
United Kingdom - 0.0%
Rolls-Royce Group PLC Series B	7,910,756		14,025
TOTAL NONCONVERTIBLE PREFERRED STOCKS (Cost $5,454,501)		6,453,944

Government Obligations - 0.2%
	Principal Amount
United States of America - 0.2%
U.S. Treasury Bills, yield at date of purchase 3.32% 12/22/05 (d) (Cost $3,991,958)	$4,000,000	3,991,044

Money Market Funds - 2.2%
	Shares
Fidelity Cash Central Fund, 4.08% (b)	21,986,082		21,986,082
Fidelity Securities Lending Cash Central Fund, 4.09% (b)(c)	12,760,562		12,760,562
TOTAL MONEY MARKET FUNDS (Cost $34,746,644)		34,746,644

TOTAL INVESTMENT PORTFOLIO - 99.7% (Cost $1,409,315,547) 1,592,028,087

NET OTHER ASSETS - 0.3%		5,102,669
NET ASSETS - 100%	$1,597,130,756

Futures Contracts
	Expiration Date		Underlying Face Amount at Value	Unrealized Appreciation/(Depreciation)
Purchased
Equity Index Contracts
127 British Pound Contracts (United Kingdom)	Dec. 2005	$13,723,144		$(411,591)
21 CAC 40 Index Contracts (France)	Dec. 2005		1,132,333	2,328
6 DAX 100 Index Contracts (Germany)	Dec. 2005		920,918	18,133
247 Dow Jones Euro Stoxx 50 Index Contracts (Germany)	Dec. 2005		10,063,041	32,069
154 FTSE 100 Index Contracts (United Kingdom)	Dec. 2005		14,485,902	32,370
2 Hang Seng 100 Index Contracts (Hong Kong)	Dec. 2005		192,209	(1,820)
5 IBEX 35 Index Contracts (Spain)	Dec. 2005		623,170	2,298
3 MIB 30 Index Contracts (Italy)	Dec. 2005		603,707	4,248
7 MSCI Index Contracts (Singapore)	Dec. 2005		225,483	(370)
78 Nikkei 225 Index Contracts (Japan)	Dec. 2005		5,793,450	117,535
106 OMX Index Contracts (Sweden)	Dec. 2005		1,197,134	(16,572)
27 Share Price Index 200 Contracts (Australia)	Dec. 2005		2,306,784	(15,149)
45 TOPIX 150 Index Contracts (Japan)	Dec. 2005		5,764,657	47,528
TOTAL EQUITY INDEX CONTRACTS		$57,031,932		$(188,993)

The face value of futures purchased as a percentage of net assets - 3.6%

Forward Foreign Currency Contracts
	Settlement Dates		Value	Unrealized Appreciation/(Depreciation)
Contracts to Buy
3,236,000 AUD	Jan. 2006		$2,386,566	$(16,592)
10,274,000 EUR	Jan. 2006		12,143,459	(208,958)
1,385,370,000 JPY	Jan. 2006		11,631,553	(362,766)
8,776,000 SEK	Jan. 2006		1,090,517	(29,336)
		$27,252,095		$(617,652)

(Payable Amount $27,869,747)

The value of contracts to buy as a percentage of net assets - 1.7%

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

Legend

(a)Non-income producing

(b)Affiliated fund that is 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.

(c)Investment made with cash collateral received from securities on loan.

(d)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 $3,991,044.

Affiliated Central Funds

Information regarding income received by the fund from the affiliated Central funds during the period is as follows:

Fund	Income Received
Fidelity Cash Central Fund	$860,930
Fidelity Securities Lending Cash Central Fund	162,552
Total	$1,023,482

Income Tax Information

At November 30, 2005, the aggregate cost of investment securities for income tax purposes was $1,430,645,805. Net unrealized appreciation aggregated $161,382,282, of which $256,762,273 related to appreciated investment securities and $95,379,991 related to depreciated investment securities.

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. Fidelity assumes no obligation to update or supplement the schedule to reflect any changes that may occur. This report is provided for the general information of the fund's shareholders. Click on the appropriate link to view the fund's audited schedule of investments included in its annual report or contact your investment professional to request a free copy.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR Corp. or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Spartan ® Total Market Index Fund

November 30, 2005

STI-QTLY-0106

1.810711.101

Investments November 30, 2005 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 97.2%
	Shares		Value
CONSUMER DISCRETIONARY - 11.8%
Auto Components - 0.2%
Aftermarket Technology Corp. (a)	11,055		$226,628
American Axle & Manufacturing Holdings, Inc.	8,765		186,344
ArvinMeritor, Inc.	17,066		226,978
Bandag, Inc.	4,123		176,671
BorgWarner, Inc.	14,964		897,840
Cooper Tire & Rubber Co.	17,837		262,382
Dana Corp.	34,413		239,859
Drew Industries, Inc. (a)	7,552		227,466
Dura Automotive Systems, Inc. Class A (a)	3,788		9,735
GenTek, Inc.	3,519		57,149
Gentex Corp.	36,756		692,115
Goodyear Tire & Rubber Co. (a)	36,752		629,562
Hayes Lemmerz International, Inc. (a)	10,596		32,212
IMPCO Technologies, Inc. (a)	3,000		15,600
Johnson Controls, Inc.	43,569		3,025,867
Keystone Automotive Industries, Inc. (a)	2,721		76,188
Lear Corp.	16,190		450,730
LKQ Corp. (a)	2,617		85,288
Midas, Inc. (a)	1,400		26,432
Modine Manufacturing Co.	6,000		199,740
Proliance International, Inc. (a)	1,414		7,720
Quantum Fuel Systems Technologies Worldwide, Inc. (a)	15,342		39,122
Raytech Corp.	11,445		14,650
Sauer-Danfoss, Inc.	7,425		133,576
Spartan Motors, Inc.	3,200		31,904
Sports Resorts International, Inc. (a)	7,638		6,492
Standard Motor Products, Inc.	4,236		37,658
Stoneridge, Inc. (a)	3,200		19,360
Strattec Security Corp. (a)	654		31,752
Superior Industries International, Inc.	3,800		86,678
Tenneco, Inc. (a)	6,360		110,473
TRW Automotive Holdings Corp. (a)	4,855		122,346
Visteon Corp. (a)	20,475		138,411
Zapata Corp. (a)	880		5,368
			8,530,296
Automobiles - 0.3%
Coachmen Industries, Inc.	3,261		39,556
Fleetwood Enterprises, Inc. (a)	6,099		69,590
Ford Motor Co.	438,008		3,561,005
General Motors Corp.	97,873		2,143,419
Harley-Davidson, Inc.	66,968		3,606,896
Monaco Coach Corp.	4,738		70,265
National R.V. Holdings, Inc. (a)	300		1,797
Thor Industries, Inc.	11,649		446,390
Winnebago Industries, Inc.	8,659		291,029
			10,229,947
Distributors - 0.1%
All American Semiconductor, Inc. (a)	3,800		14,896
	Shares		Value
Audiovox Corp. Class A (a)	3,500		$48,475
Building Material Holding Corp.	3,005		247,402
Earle M. Jorgensen Co.	5,800		55,680
Genuine Parts Co.	48,464		2,147,440
Handleman Co.	8,496		116,650
Prestige Brands Holdings, Inc.	4,642		55,797
Source Interlink Companies, Inc. (a)	4,300		47,214
			2,733,554
Diversified Consumer Services - 0.4%
Alderwoods Group, Inc. (a)	16,352		245,607
Apollo Group, Inc. Class A (a)	37,555		2,673,916
Bright Horizons Family Solutions, Inc. (a)	11,227		397,211
Career Education Corp. (a)	25,033		933,731
Corinthian Colleges, Inc. (a)	20,140		243,895
CPI Corp.	2,000		35,200
DeVry, Inc. (a)	14,744		342,356
Educate, Inc. (a)	4,692		51,377
Education Management Corp. (a)	20,169		680,704
Escala Group, Inc. (a)	12,044		199,328
EVCI Career Colleges, Inc. (a)	2,100		5,040
H&R Block, Inc.	67,768		1,656,250
ITT Educational Services, Inc. (a)	10,100		619,837
Jackson Hewitt Tax Service, Inc.	6,376		153,279
Laureate Education, Inc. (a)	9,342		472,425
Learning Care Group, Inc. (a)	900		6,579
Mace Security International, Inc. (a)	1,100		2,640
Matthews International Corp. Class A	8,668		340,566
Nobel Learning Communities, Inc. (a)	1,000		9,500
Pre-Paid Legal Services, Inc.	2,919		124,203
Princeton Review, Inc. (a)	14,522		77,693
Regis Corp.	11,743		469,133
Service Corp. International (SCI)	70,880		581,925
ServiceMaster Co.	68,054		810,523
Sothebys Holdings, Inc. Class A (ltd. vtg.) (a)	12,060		229,502
Steiner Leisure Ltd. (a)	7,400		278,092
Stewart Enterprises, Inc. Class A	14,200		72,420
Strayer Education, Inc.	3,326		331,935
Universal Technical Institute, Inc. (a)	4,021		122,158
Vertrue, Inc. (a)	2,400		86,712
Weight Watchers International, Inc. (a)	7,953		380,153
			12,633,890
Hotels, Restaurants & Leisure - 1.8%
AFC Enterprises, Inc.	11,772		144,325
Alliance Gaming Corp. (a)	12,091		144,246
Ambassadors Group, Inc.	10,766		270,119
Ameristar Casinos, Inc.	9,800		231,182
Applebee's International, Inc.	15,846		363,190
Aztar Corp. (a)	8,919		279,254
Bally Total Fitness Holding Corp. (a)	6,262		43,897
BJ's Restaurants, Inc. (a)	2,100		49,854
Bluegreen Corp. (a)	900		13,383
Bob Evans Farms, Inc.	5,500		132,990
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Hotels, Restaurants & Leisure - continued
Boyd Gaming Corp.	10,400		$503,152
Brinker International, Inc.	20,925		830,304
Buca, Inc. (a)	3,878		22,299
California Pizza Kitchen, Inc. (a)	3,723		122,040
Carnival Corp. unit	106,621		5,809,778
CBRL Group, Inc.	9,003		333,021
CEC Entertainment, Inc. (a)	9,020		322,916
Cedar Fair LP (depository unit)	6,754		199,108
Champps Entertainment, Inc. (a)	1,600		11,712
Choice Hotels International, Inc.	7,120		257,958
Churchill Downs, Inc.	2,200		83,336
CKE Restaurants, Inc.	10,567		133,250
Darden Restaurants, Inc.	31,567		1,129,467
Dave & Buster's, Inc. (a)	3,344		50,528
Denny's Corp. (a)	42,300		206,424
Domino's Pizza, Inc.	8,100		202,500
Dover Downs Gaming & Entertainment, Inc.	980		12,309
Dover Motorsports, Inc.	9,735		62,596
Empire Resorts, Inc. (a)	12,943		77,011
Fox & Hound Restaurant Group (a)	2,700		35,640
Gaylord Entertainment Co. (a)	8,899		384,971
Great Wolf Resorts, Inc.	11,129		108,174
GTECH Holdings Corp.	35,546		1,087,708
Harrah's Entertainment, Inc.	41,038		2,794,277
Hilton Hotels Corp.	79,574		1,744,262
IHOP Corp.	3,412		163,094
International Game Technology	77,946		2,287,715
International Speedway Corp. Class A	7,982		435,578
Interstate Hotels & Resorts, Inc. (a)	156		707
Isle of Capri Casinos, Inc. (a)	6,200		168,144
Jack in the Box, Inc. (a)	8,612		289,363
Kerzner International Ltd. (a)	12,333		801,768
Krispy Kreme Doughnuts, Inc. (a)	10,025		49,624
La Quinta Corp. unit (a)	44,251		484,991
Landry's Seafood Restaurants, Inc.	4,001		108,227
Las Vegas Sands Corp.	28,253		1,178,433
Life Time Fitness, Inc. (a)	9,702		372,848
Littlefield Corp. (a)	2,100		1,302
Lodgian, Inc.:
Class A warrants 11/27/07 (a)	2		0
Class B warrants 11/25/09 (a)	8		0
Lone Star Steakhouse & Saloon, Inc.	4,300		99,631
Marcus Corp.	2,746		66,618
Marriott International, Inc. Class A	48,307		3,121,115
McDonald's Corp.	300,821		10,182,791
MGM MIRAGE (a)	26,824		1,022,263
Monarch Casino & Resort, Inc. (a)	4,679		100,084
MTR Gaming Group, Inc. (a)	5,600		41,776
Multimedia Games, Inc. (a)	4,312		43,896
O'Charleys, Inc. (a)	3,850		55,864
	Shares		Value
Orient Express Hotels Ltd. Class A	17,884		$563,704
Outback Steakhouse, Inc.	16,819		677,469
P.F. Chang's China Bistro, Inc. (a)	8,419		433,158
Panera Bread Co. Class A (a)	8,925		606,900
Papa John's International, Inc. (a)	3,500		190,610
Penn National Gaming, Inc. (a)	12,400		411,308
Pinnacle Entertainment, Inc. (a)	14,294		341,484
Rare Hospitality International, Inc. (a)	6,075		194,582
Red Robin Gourmet Burgers, Inc. (a)	1,748		95,965
Royal Caribbean Cruises Ltd.	36,939		1,694,023
Rubio's Restaurants, Inc. (a)	4,819		41,202
Ruby Tuesday, Inc.	13,091		318,373
Ryan's Restaurant Group, Inc. (a)	8,100		96,309
Scientific Games Corp. Class A (a)	16,034		454,243
Shuffle Master, Inc. (a)	7,449		208,646
Six Flags, Inc. (a)	12,400		92,504
Sonic Corp. (a)	13,040		385,854
SPEEDUS Corp. (a)	6,200		8,680
Speedway Motorsports, Inc.	5,900		229,569
Starbucks Corp. (a)	192,200		5,852,490
Starwood Hotels & Resorts Worldwide, Inc. unit	49,787		3,012,114
Station Casinos, Inc.	10,370		719,056
Steak n Shake Co. (a)	11,830		204,068
Texas Roadhouse, Inc. Class A (a)	9,800		147,980
The Cheesecake Factory, Inc. (a)	18,009		659,850
Triarc Companies, Inc. Class B	6,030		90,088
Trump Entertainment Resorts, Inc. (a)	3,700		67,414
Vail Resorts, Inc. (a)	4,906		182,798
Wendy's International, Inc.	33,368		1,694,427
WMS Industries, Inc. (a)	8,244		204,699
Wynn Resorts Ltd. (a)	14,478		808,307
Yum! Brands, Inc.	72,982		3,560,792
			63,521,679
Household Durables - 1.0%
Advanced Lighting Technologies, Inc. (a)	4,600		0
American Biltrite, Inc. (a)	400		4,792
American Greetings Corp. Class A	14,094		369,263
Applica, Inc. (a)	3,200		4,128
Avatar Holdings, Inc. (a)	1,645		93,452
Bassett Furniture Industries, Inc.	1,800		32,454
Beazer Homes USA, Inc.	8,313		581,661
Black & Decker Corp.	21,659		1,901,877
Blount International, Inc. (a)	8,403		130,667
Blyth, Inc.	9,084		179,863
Brillian Corp. (a)	375		2,115
Brookfield Homes Corp.	5,159		255,009
California Coastal Communities, Inc. (a)	5,563		218,515
Cavco Industries, Inc. (a)	750		29,438
Centex Corp.	31,039		2,230,152
Champion Enterprises, Inc. (a)	20,045		290,051
Cobra Electronics Corp. (a)	1,200		13,020
Craftmade International, Inc.	1,700		30,600
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Household Durables - continued
CSS Industries, Inc.	1,556		$51,908
D.R. Horton, Inc.	62,266		2,206,707
Dixie Group, Inc. (a)	2,900		40,600
Dominion Homes, Inc. (a)	300		2,985
Enesco Group, Inc. (a)	4,629		10,091
Ethan Allen Interiors, Inc.	7,178		267,739
Fedders Corp.	3,300		7,227
Flexsteel Industries, Inc.	1,700		23,749
Fortune Brands, Inc.	35,204		2,744,504
Furniture Brands International, Inc.	10,345		206,383
Garmin Ltd.	17,901		986,345
Harman International Industries, Inc.	15,017		1,464,158
Helen of Troy Ltd. (a)	4,390		79,108
Hovnanian Enterprises, Inc. Class A (a)	9,144		455,737
Interface, Inc. Class A (a)	9,800		81,634
Jarden Corp. (a)	10,438		340,801
KB Home	19,615		1,368,539
Kimball International, Inc. Class B	4,000		42,600
Koss Corp.	1,300		32,188
La-Z-Boy, Inc.	7,662		102,441
Leggett & Platt, Inc.	40,762		957,092
Lennar Corp. Class A	30,313		1,748,454
Lenox Group, Inc. (a)	2,200		27,192
Levitt Corp. Class A	2,250		48,668
Libbey, Inc.	1,691		20,055
Lifetime Brands, Inc.	300		6,528
M.D.C. Holdings, Inc.	6,672		454,563
M/I Homes, Inc.	2,316		101,325
Maytag Corp.	13,362		237,576
Meritage Homes Corp. (a)	5,902		392,306
Mestek, Inc. (a)	300		3,630
MITY Enterprises, Inc. (a)	2,300		42,136
Mohawk Industries, Inc. (a)	11,266		991,183
National Presto Industries, Inc.	1,000		44,550
Newell Rubbermaid, Inc.	68,706		1,585,047
NVR, Inc. (a)	1,682		1,155,955
Oneida Ltd. (a)	400		392
Orleans Homebuilders, Inc.	3,334		64,880
Palm Harbor Homes, Inc. (a)	4,917		92,587
Pulte Homes, Inc.	55,817		2,323,662
Rockford Corp. (a)	2,500		7,500
Russ Berrie & Co., Inc.	2,935		34,222
Ryland Group, Inc.	11,122		795,668
Salton, Inc. (a)	1,800		4,284
Skyline Corp.	1,289		49,304
Snap-On, Inc.	10,615		396,683
Standard Pacific Corp.	13,388		504,594
Stanley Furniture Co., Inc.	2,200		54,780
Technical Olympic USA, Inc.	5,172		107,216
Tempur-Pedic International, Inc. (a)	10,052		114,090
The Rowe Companies (a)	1,000		2,600
	Shares		Value
The Stanley Works	21,619		$1,037,712
Toll Brothers, Inc. (a)	23,836		819,958
Tupperware Corp.	14,481		334,077
Universal Electronics, Inc. (a)	3,400		58,956
Virco Manufacturing Co. (a)	2,613		15,652
WCI Communities, Inc. (a)	8,795		225,856
Whirlpool Corp.	14,697		1,202,949
William Lyon Homes, Inc. (a)	2,009		224,004
Yankee Candle Co., Inc.	11,874		301,006
			33,471,393
Internet & Catalog Retail - 0.6%
1-800 CONTACTS, Inc. (a)	2,129		23,185
1-800-FLOWERS.com, Inc. Class A (a)	23,580		164,117
Alloy, Inc. (a)	5,800		35,554
Amazon.com, Inc. (a)	69,348		3,360,604
Audible, Inc. (a)	1,300		16,770
Blair Corp.	121		4,513
Blue Nile, Inc. (a)	713		29,582
Bluefly, Inc. (a)	2,800		4,088
Coldwater Creek, Inc. (a)	7,795		244,763
Drugstore.com, Inc. (a)	7,303		22,420
eBay, Inc. (a)	236,968		10,618,536
eCost.com, Inc. (a)	603		802
Expedia, Inc. (a)	65,974		1,635,495
GSI Commerce, Inc. (a)	5,379		89,507
Hollywood Media Corp. (a)	1,200		5,208
IAC/InterActiveCorp (a)	65,974		1,821,542
Insight Enterprises, Inc. (a)	11,400		237,462
J. Jill Group, Inc. (a)	3,147		57,622
MediaBay, Inc. (a)	133		231
Netflix, Inc. (a)	9,557		263,200
NutriSystem, Inc. (a)	11,370		442,634
Overstock.com, Inc. (a)	2,492		92,727
PC Mall, Inc. (a)	500		2,465
Priceline.com, Inc. (a)	5,439		130,645
Stamps.com, Inc. (a)	4,062		95,254
Systemax, Inc. (a)	6,390		37,829
ValueVision Media, Inc. Class A (a)	5,600		62,160
			19,498,915
Leisure Equipment & Products - 0.2%
Action Performance Companies, Inc. (a)	2,500		31,625
Adams Golf, Inc. (a)	400		472
Arctic Cat, Inc.	5,000		104,900
Brunswick Corp.	21,865		859,076
Callaway Golf Co.	10,800		158,220
Concord Camera Corp. (a)	3,084		3,917
Eastman Kodak Co.	64,526		1,546,688
Excelligence Learning Corp. (a)	612		4,162
Fairchild Corp. Class A (a)	7,600		17,480
Hasbro, Inc.	33,465		683,355
JAKKS Pacific, Inc. (a)	4,540		92,525
Johnson Outdoors, Inc. Class A (a)	2,300		37,260
K2, Inc. (a)	17,186		174,610
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Leisure Equipment & Products - continued
Leapfrog Enterprises, Inc. Class A (a)	4,328		$56,437
Marine Products Corp.	11,437		115,056
MarineMax, Inc. (a)	2,572		67,541
Marvel Entertainment, Inc. (a)	17,637		286,954
Mattel, Inc.	91,916		1,530,401
Meade Instruments Corp. (a)	2,600		7,072
Nautilus, Inc.	5,025		88,943
Oakley, Inc.	18,053		290,292
Polaris Industries, Inc.	10,845		536,177
RC2 Corp. (a)	3,021		106,762
SCP Pool Corp.	14,822		577,020
Steinway Musical Instruments, Inc. (a)	4,500		112,500
Sturm Ruger & Co., Inc.	3,560		25,098
			7,514,543
Media - 3.5%
4Kids Entertainment, Inc. (a)	2,362		38,619
ACME Communications, Inc. (a)	5,032		20,430
ADVO, Inc.	11,652		317,983
Arbitron, Inc.	7,282		281,085
Ballantyne of Omaha, Inc. (a)	100		490
Belo Corp. Series A	22,074		481,213
Cablevision Systems Corp. - NY Group Class A (a)	52,961		1,253,057
Carmike Cinemas, Inc.	1,494		39,322
Catalina Marketing Corp.	14,092		373,015
Charter Communications, Inc. Class A (a)	58,659		69,804
Citadel Broadcasting Corp.	14,632		197,239
CKX, Inc. (a)	9,709		125,829
Clear Channel Communications, Inc.	119,321		3,885,092
Clear Channel Outdoor Holding, Inc. Class A	8,201		166,480
Comcast Corp. Class A (a)	531,992		14,044,589
Courier Corp.	2,511		88,362
Cox Radio, Inc. Class A (a)	5,776		85,543
Crown Media Holdings, Inc. Class A (a)	8,094		84,178
Cumulus Media, Inc. Class A (a)	12,017		148,410
Dex Media, Inc.	33,874		922,050
Digital Generation Systems, Inc. (a)	18,345		10,640
Discovery Holding Co. Class A (a)	67,596		1,055,174
Dow Jones & Co., Inc.	9,002		307,058
DreamWorks Animation SKG, Inc. Class A (a)	9,351		237,235
E.W. Scripps Co. Class A	17,537		812,840
EchoStar Communications Corp. Class A	49,017		1,266,599
EMAK Worldwide, Inc. (a)	2,241		15,194
Emmis Communications Corp. Class A (a)	7,767		161,864
Entercom Communications Corp. Class A (a)	14,715		468,673
Entravision Communication Corp. Class A (a)	8,800		65,912
Fisher Communications, Inc. (a)	767		34,906
	Shares		Value
Gannett Co., Inc.	56,695		$3,493,546
Gemstar-TV Guide International, Inc. (a)	47,394		125,594
Getty Images, Inc. (a)	10,903		995,335
Gray Television, Inc.	7,281		64,947
Harris Interactive, Inc. (a)	5,250		20,895
Harte-Hanks, Inc.	15,614		410,024
Hearst-Argyle Television, Inc.	7,305		175,612
Hollinger International, Inc. Class A	17,300		154,489
Image Entertainment, Inc. (a)	700		2,688
Insight Communications, Inc. Class A (a)	6,700		77,988
Insignia Systems, Inc. (a)	2,664		1,598
Interactive Data Corp.	12,096		267,805
Interep National Radio Sales, Inc. Class A (a)	2,900		1,073
Interpublic Group of Companies, Inc. (a)	104,436		973,344
John Wiley & Sons, Inc. Class A	12,825		530,057
Journal Communications, Inc. Class A	19,159		258,838
Journal Register Co.	5,900		92,217
Knight-Ridder, Inc.	16,624		1,004,090
Lamar Advertising Co. Class A (a)	21,062		976,224
Lee Enterprises, Inc.	8,430		323,881
Liberty Corp., South Carolina	3,000		139,860
Liberty Global, Inc. Class A	120,848		2,696,119
Liberty Media Corp. Class A (a)	702,079		5,391,967
LIN TV Corp. Class A (a)	2,700		35,316
LodgeNet Entertainment Corp. (a)	2,961		40,595
Martha Stewart Living Omnimedia, Inc. Class A (a)	3,281		66,014
McGraw-Hill Companies, Inc.	91,709		4,865,162
Media General, Inc. Class A	8,703		441,242
Mediacom Communications Corp. Class A (a)	13,450		70,075
Meredith Corp.	11,468		584,868
Navarre Corp. (a)	5,800		33,582
New Frontier Media, Inc. (a)	5,000		31,050
News Corp. Class A	589,204		8,726,111
NTL, Inc. (a)	20,363		1,185,737
Omnicom Group, Inc.	42,704		3,611,050
Paxson Communications Corp. Class A (a)	8,600		8,170
Penton Media, Inc. (a)	7,900		4,069
Pixar (a)	14,517		804,822
Playboy Enterprises, Inc. Class B (non-vtg.) (a)	3,722		53,336
PRIMEDIA, Inc. (a)	31,815		64,266
ProQuest Co. (a)	4,200		117,390
R.H. Donnelley Corp. (a)	7,596		478,396
Radio One, Inc. Class A (a)	22,980		255,997
Radio Unica Communications Corp. (a)	2,900		0
RCN Corp. (a)	7,500		163,575
Regal Entertainment Group Class A	10,174		205,820
Regent Communication, Inc. (a)	6,194		30,908
Rentrak Corp. (a)	600		5,424
Saga Communications, Inc. Class A (a)	932		11,575
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Media - continued
Salem Communications Corp. Class A (a)	1,687		$32,222
Scholastic Corp. (a)	8,165		271,650
Sinclair Broadcast Group, Inc. Class A	7,200		69,264
Sirius Satellite Radio, Inc. (a)	331,459		2,369,932
Spanish Broadcasting System, Inc. Class A (a)	6,800		32,776
The DIRECTV Group, Inc. (a)	217,628		2,870,513
The McClatchy Co. Class A	4,559		280,880
The New York Times Co. Class A	32,259		887,123
The Reader's Digest Association, Inc. (non-vtg.)	27,395		425,444
Thomas Nelson, Inc.	6,641		164,365
Time Warner, Inc.	1,037,590		18,655,868
TiVo, Inc. (a)	8,765		47,156
Tribune Co.	46,475		1,485,806
Univision Communications, Inc. Class A (a)	58,894		1,780,366
Valassis Communications, Inc. (a)	11,260		342,529
Viacom, Inc. Class B (non-vtg.)	341,356		11,401,290
Walt Disney Co.	481,673		12,008,108
Warner Music Group Corp.	24,021		433,579
Washington Post Co. Class B	1,556		1,146,772
Westwood One, Inc.	15,590		282,803
World Wrestling Entertainment, Inc. Class A	6,473		87,450
XM Satellite Radio Holdings, Inc. Class A (a)	51,116		1,495,654
Young Broadcasting, Inc. Class A (a)	3,209		6,033
			123,709,209
Multiline Retail - 0.9%
99 Cents Only Stores (a)	12,308		118,526
Big Lots, Inc. (a)	25,319		311,171
Conn's, Inc. (a)	5,901		199,513
Dillard's, Inc. Class A	19,546		409,880
Dollar General Corp.	65,696		1,242,311
Dollar Tree Stores, Inc. (a)	23,182		532,259
Family Dollar Stores, Inc.	34,853		784,541
Federated Department Stores, Inc.	64,790		4,174,420
Fred's, Inc. Class A	5,887		97,783
JCPenney Co., Inc.	54,063		2,836,686
Kohl's Corp. (a)	73,178		3,366,188
Nordstrom, Inc.	52,428		1,933,545
Retail Ventures, Inc. (a)	10,272		131,173
Saks, Inc.	27,562		455,600
Sears Holdings Corp. (a)	22,676		2,608,194
ShopKo Stores, Inc. (a)	5,100		146,268
Target Corp.	187,369		10,026,115
Tuesday Morning Corp.	9,086		247,957
			29,622,130
Specialty Retail - 2.4%
Aaron Rents, Inc.	8,088		167,988
	Shares		Value
Abercrombie & Fitch Co. Class A	18,619		$1,141,717
AC Moore Arts & Crafts, Inc. (a)	3,100		44,361
Advance Auto Parts, Inc. (a)	33,386		1,413,563
Aeropostale, Inc. (a)	12,132		301,723
America's Car Mart, Inc. (a)	2,638		42,525
American Eagle Outfitters, Inc.	26,570		604,733
AnnTaylor Stores Corp. (a)	18,467		560,104
Asbury Automotive Group, Inc. (a)	3,100		51,925
AutoNation, Inc. (a)	44,932		930,991
AutoZone, Inc. (a)	14,265		1,270,441
Barnes & Noble, Inc.	11,021		444,587
bebe Stores, Inc.	7,281		117,734
Bed Bath & Beyond, Inc. (a)	67,893		2,896,315
Best Buy Co., Inc.	90,966		4,388,200
Big 5 Sporting Goods Corp.	7,443		179,302
Blockbuster, Inc. Class A (a)	34,113		127,924
Books-A-Million, Inc.	4,300		40,807
Borders Group, Inc.	15,604		318,166
Build-A-Bear Workshop, Inc. (a)	3,944		112,404
Burlington Coat Factory Warehouse Corp.	6,625		262,615
Cabela's, Inc. Class A (a)	7,700		133,980
Cache, Inc. (a)	2,805		47,208
CarMax, Inc. (a)	23,043		631,839
Casual Male Retail Group, Inc. (a)	6,784		41,925
Charlotte Russe Holding, Inc. (a)	4,119		77,025
Charming Shoppes, Inc. (a)	18,327		215,342
Chico's FAS, Inc. (a)	42,046		1,854,649
Christopher & Banks Corp.	5,496		82,880
Circuit City Stores, Inc.	43,948		919,832
Claire's Stores, Inc.	17,479		498,676
Cost Plus, Inc. (a)	3,425		62,952
CSK Auto Corp. (a)	7,080		109,740
Deb Shops, Inc.	1,991		57,898
Dick's Sporting Goods, Inc. (a)	10,943		384,209
Dress Barn, Inc. (a)	3,940		131,517
E Com Ventures, Inc. (a)	325		3,981
Emerging Vision, Inc. (a)	3,800		646
Finish Line, Inc. Class A	6,128		105,769
Finlay Enterprises, Inc. (a)	2,500		28,625
Foot Locker, Inc.	32,519		709,565
Gamestop Corp. Class A (a)	18,089		608,514
Gap, Inc.	146,839		2,552,062
Genesco, Inc. (a)	3,841		152,296
Goody's Family Clothing, Inc.	5,846		54,660
Group 1 Automotive, Inc. (a)	3,200		98,784
Guess?, Inc. (a)	8,485		287,472
Guitar Center, Inc. (a)	7,435		392,122
Gymboree Corp. (a)	4,858		109,596
Hancock Fabrics, Inc.	1,100		4,950
Haverty Furniture Companies, Inc.	3,675		47,408
Hibbett Sporting Goods, Inc. (a)	7,636		228,775
Home Depot, Inc.	510,704		21,337,213
Hot Topic, Inc. (a)	6,951		107,741
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Specialty Retail - continued
Jo-Ann Stores, Inc. (a)	2,760		$35,107
Jos. A. Bank Clothiers, Inc. (a)	2,258		112,923
Kirkland's, Inc. (a)	2,250		14,850
Limited Brands, Inc.	75,253		1,674,379
Linens 'N Things, Inc. (a)	9,324		238,788
Lithia Motors, Inc. Class A (sub. vtg.)	1,827		52,161
Lowe's Companies, Inc.	164,445		11,096,749
Major Automotive Companies, Inc. (a)	850		1,199
Michaels Stores, Inc.	30,512		1,141,149
Monro Muffler Brake, Inc.	1,650		50,919
Mothers Work, Inc. (a)	1,000		10,400
Movie Gallery, Inc.	5,200		25,636
New York & Co., Inc. (a)	697		11,877
O'Reilly Automotive, Inc. (a)	26,380		803,007
Office Depot, Inc. (a)	71,213		2,113,602
OfficeMax, Inc.	19,327		563,962
Pacific Sunwear of California, Inc. (a)	18,934		500,994
Party City Corp. (a)	1,200		20,532
Payless ShoeSource, Inc. (a)	27,352		624,993
PETCO Animal Supplies, Inc. (a)	7,781		165,191
PETsMART, Inc.	35,740		851,327
Pier 1 Imports, Inc.	16,312		207,162
Pomeroy IT Solutions, Inc. (a)	2,861		23,031
RadioShack Corp.	35,367		806,721
Rent-A-Center, Inc. (a)	19,507		381,362
Rent-Way, Inc. (a)	2,570		16,834
Restoration Hardware, Inc. (a)	5,009		29,303
Rex Stores Corp. (a)	2,942		43,806
Ross Stores, Inc.	31,279		860,173
Select Comfort Corp. (a)	8,182		196,123
Sharper Image Corp. (a)	1,984		20,138
Sherwin-Williams Co.	28,576		1,252,772
Shoe Carnival, Inc. (a)	2,589		53,100
Sonic Automotive, Inc. Class A (sub. vtg.)	7,057		146,786
Sport Chalet:
Class A (a)	175		1,479
Class B (a)	25		235
Sports Authority, Inc. (a)	3,198		100,641
Stage Stores, Inc.	4,650		139,082
Staples, Inc.	179,961		4,157,099
Stein Mart, Inc.	8,619		149,109
Talbots, Inc.	9,839		267,818
The Bombay Company, Inc. (a)	3,834		15,183
The Buckle, Inc.	1,956		63,824
The Cato Corp. Class A (sub. vtg.)	5,469		118,130
The Children's Place Retail Stores, Inc. (a)	4,504		223,398
The Men's Wearhouse, Inc. (a)	11,916		349,139
The Pantry, Inc. (a)	4,157		170,853
The Pep Boys - Manny, Moe & Jack	11,581		166,187
	Shares		Value
Tiffany & Co., Inc.	33,657		$1,369,840
TJX Companies, Inc.	119,465		2,677,211
Too, Inc. (a)	7,182		227,167
Tractor Supply Co. (a)	9,060		487,972
Trans World Entertainment Corp. (a)	2,900		18,937
Tweeter Home Entertainment Group, Inc. (a)	4,092		22,997
United Auto Group, Inc.	4,874		173,612
Urban Outfitters, Inc. (a)	24,800		765,328
West Marine, Inc. (a)	3,200		42,496
Wet Seal, Inc. Class A (a)	4,800		24,096
Williams-Sonoma, Inc. (a)	19,222		834,043
Wilsons Leather Experts, Inc. (a)	3,977		17,698
Zale Corp. (a)	11,364		317,056
			84,545,662
Textiles, Apparel & Luxury Goods - 0.4%
Ashworth, Inc. (a)	400		3,404
Brown Shoe Co., Inc.	3,100		127,565
Carter's, Inc. (a)	7,863		480,822
Cherokee, Inc.	1,848		63,848
Coach, Inc. (a)	86,310		2,971,653
Columbia Sportswear Co. (a)	2,557		118,849
Deckers Outdoor Corp. (a)	5,610		129,198
Everlast Worldwide, Inc. (a)	1,000		8,700
Fossil, Inc. (a)	6,274		125,104
Iconix Brand Group, Inc. (a)	6,400		59,776
Jones Apparel Group, Inc.	27,213		782,646
K-Swiss, Inc. Class A	4,824		150,654
Kellwood Co.	8,290		191,665
Kenneth Cole Productions, Inc. Class A (sub. vtg.)	3,406		95,640
Liz Claiborne, Inc.	24,381		850,409
Movado Group, Inc.	8,534		157,452
NIKE, Inc. Class B	39,169		3,341,116
Oxford Industries, Inc.	2,650		149,513
Perry Ellis International, Inc. (a)	1,632		32,852
Phillips-Van Heusen Corp.	11,149		377,840
Polo Ralph Lauren Corp. Class A	13,140		704,304
Polymer Group, Inc.:
Class A warrants 3/4/10 (a)	6		0
Class B warrants 3/4/10 (a)	6		0
Quaker Fabric Corp. (a)	3,800		10,184
Quiksilver, Inc. (a)	27,162		333,549
Reebok International Ltd.	11,036		635,453
Russell Corp.	3,346		52,967
Samsonite Corp. (a)	1,446		954
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)	3,466		51,851
Steven Madden Ltd.	2,732		74,392
Stride Rite Corp.	7,198		98,901
Superior Uniform Group, Inc.	1,000		11,000
Tarrant Apparel Group (a)	2,700		3,240
Timberland Co. Class A (a)	12,634		418,059
Unifi, Inc. (a)	6,069		17,418
Common Stocks - continued
	Shares		Value
CONSUMER DISCRETIONARY - continued
Textiles, Apparel & Luxury Goods - continued
Unifirst Corp.	1,100		$33,990
VF Corp.	25,654		1,453,299
Warnaco Group, Inc. (a)	13,384		328,845
Wolverine World Wide, Inc.	16,938		367,893
			14,815,005
TOTAL CONSUMER DISCRETIONARY			410,826,223
CONSUMER STAPLES - 7.9%
Beverages - 1.7%
Anheuser-Busch Companies, Inc.	176,083		7,701,870
Boston Beer Co., Inc. Class A (a)	600		16,236
Brown-Forman Corp. Class B (non-vtg.)	11,560		796,022
Coca-Cola Bottling Co. Consolidated	921		42,366
Coca-Cola Enterprises, Inc.	58,884		1,131,750
Constellation Brands, Inc. Class A (sub. vtg.) (a)	48,018		1,134,185
Hansen Natural Corp. (a)	6,986		542,463
Molson Coors Brewing Co. Class B	15,384		1,024,421
National Beverage Corp. (a)	6,246		46,783
Pepsi Bottling Group, Inc.	34,312		1,012,204
PepsiAmericas, Inc.	18,145		414,795
PepsiCo, Inc.	397,738		23,546,090
The Coca-Cola Co.	519,441		22,174,936
			59,584,121
Food & Staples Retailing - 2.0%
Albertsons, Inc.	84,804		1,992,894
Arden Group, Inc. Class A	100		8,724
BJ's Wholesale Club, Inc. (a)	13,256		351,151
Casey's General Stores, Inc.	9,700		223,294
Central European Distribution Corp. (a)	2,633		115,088
Costco Wholesale Corp.	109,348		5,465,213
CVS Corp.	195,100		5,271,602
Ingles Markets, Inc. Class A	14,283		240,526
Kroger Co. (a)	160,419		3,121,754
Longs Drug Stores Corp.	5,400		230,202
Nash-Finch Co.	2,266		60,887
Pathmark Stores, Inc. (a)	6,814		73,319
Performance Food Group Co. (a)	10,696		303,766
Pricesmart, Inc. (a)	400		3,316
Rite Aid Corp. (a)	86,643		319,713
Ruddick Corp.	6,300		127,323
Safeway, Inc.	99,644		2,316,723
Smart & Final, Inc. (a)	2,141		28,904
SUPERVALU, Inc.	28,407		929,477
Sysco Corp.	159,175		5,144,536
The Great Atlantic & Pacific Tea Co. (a)	4,583		138,223
Topps Co., Inc.	9,720		77,177
United Natural Foods, Inc. (a)	7,198		202,120
Wal-Mart Stores, Inc.	612,007		29,719,060
Walgreen Co.	241,366		11,025,599
	Shares		Value
Weis Markets, Inc.	5,000		$210,500
Whole Foods Market, Inc.	17,370		2,558,254
Wild Oats Markets, Inc. (a)	6,075		73,386
			70,332,731
Food Products - 1.1%
Alico, Inc.	200		9,162
American Italian Pasta Co. Class A	2,600		16,094
Archer-Daniels-Midland Co.	137,456		3,239,838
Bridgford Foods Corp. (a)	400		2,808
Bunge Ltd.	24,211		1,295,289
Campbell Soup Co.	58,427		1,765,080
Chiquita Brands International, Inc.	6,587		137,010
ConAgra Foods, Inc.	119,748		2,574,582
Corn Products International, Inc.	16,346		363,699
Darling International, Inc. (a)	16,316		55,311
Dean Foods Co. (a)	32,012		1,222,538
Del Monte Foods Co. (a)	39,812		393,343
Delta & Pine Land Co.	13,141		309,602
Dreyer's Grand Ice Cream Holdings, Inc.	8,597		710,972
Farmer Brothers Co.	3,020		61,517
Flowers Foods, Inc.	14,583		377,991
Fresh Del Monte Produce, Inc.	6,408		166,416
Gardenburger, Inc. (a)	400		3
General Mills, Inc.	83,806		3,983,299
Gold Kist, Inc. Delaware (a)	10,600		168,752
Green Mountain Coffee Roasters, Inc. (a)	1,900		77,938
H.J. Heinz Co.	77,869		2,703,612
Hain Celestial Group, Inc. (a)	5,368		119,867
Hershey Co.	38,966		2,112,737
Hines Horticulture, Inc. (a)	800		3,000
Hormel Foods Corp.	16,473		540,314
J&J Snack Foods Corp.	533		32,374
John B. Sanfilippo & Son, Inc. (a)	2,483		34,042
Kellogg Co.	53,040		2,337,473
Kraft Foods, Inc. Class A	57,552		1,665,555
Lancaster Colony Corp.	8,413		328,107
Lance, Inc.	5,263		96,523
M&F Worldwide Corp. (a)	500		8,500
Maui Land & Pineapple, Inc. (a)	300		10,377
McCormick & Co., Inc. (non-vtg.)	29,977		935,882
Omega Protein Corp. (a)	6,170		37,205
Peet's Coffee & Tea, Inc. (a)	1,835		56,977
Pilgrims Pride Corp. Class B	9,264		296,448
Ralcorp Holdings, Inc. (a)	8,895		370,833
Sanderson Farms, Inc.	3,415		121,642
Sara Lee Corp.	195,840		3,536,870
Seaboard Corp.	100		172,000
Seneca Foods Group Class A (a)	2,162		38,916
Smithfield Foods, Inc. (a)	18,932		553,382
Tasty Baking Co.	200		1,560
The J.M. Smucker Co.	12,547		569,006
Tootsie Roll Industries, Inc.	4,083		123,347
TreeHouse Foods, Inc. (a)	6,402		126,247
Common Stocks - continued
	Shares		Value
CONSUMER STAPLES - continued
Food Products - continued
Tyson Foods, Inc. Class A	50,278		$846,179
Wm. Wrigley Jr. Co.	37,149		2,548,050
			37,258,269
Household Products - 1.8%
Central Garden & Pet Co. Class A (a)	4,220		185,764
Church & Dwight Co., Inc.	14,247		473,285
Clorox Co.	33,999		1,845,466
Colgate-Palmolive Co.	121,460		6,621,999
Energizer Holdings, Inc. (a)	16,659		878,096
Kimberly-Clark Corp.	106,589		6,286,619
Oil-Dri Corp. of America	600		10,794
Procter & Gamble Co.	816,326		46,685,684
Spectrum Brands, Inc. (a)	5,900		106,200
WD-40 Co.	2,748		75,488
			63,169,395
Personal Products - 0.2%
Alberto-Culver Co.	18,186		790,727
Avon Products, Inc.	106,426		2,910,751
Chattem, Inc. (a)	3,200		101,664
Elizabeth Arden, Inc. (a)	4,552		86,670
Estee Lauder Companies, Inc. Class A	30,731		1,014,430
Herbalife Ltd.	17,184		497,477
Inter Parfums, Inc.	4,303		71,258
Mannatech, Inc.	5,836		76,101
Nature's Sunshine Products, Inc.	700		12,887
NBTY, Inc. (a)	12,135		238,089
Nu Skin Enterprises, Inc. Class A	14,283		248,239
Playtex Products, Inc. (a)	8,800		123,200
Revlon, Inc. Class A (sub. vtg.) (a)	100,969		252,423
USANA Health Sciences, Inc. (a)	2,090		82,513
			6,506,429
Tobacco - 1.1%
Alliance One International, Inc.	13,951		42,690
Altria Group, Inc.	486,996		35,448,439
Loews Corp. - Carolina Group	18,407		740,882
Reynolds American, Inc.	21,963		1,955,146
Star Scientific, Inc. (a)	14,579		37,905
Universal Corp.	5,248		211,914
UST, Inc.	43,199		1,666,617
Vector Group Ltd.	8,349		157,295
			40,260,888
TOTAL CONSUMER STAPLES			277,111,833
ENERGY - 8.8%
Energy Equipment & Services - 1.9%
Atwood Oceanics, Inc. (a)	3,200		227,168
Baker Hughes, Inc.	72,339		4,148,642
	Shares		Value
BJ Services Co.	76,061		$2,787,636
Cal Dive International, Inc. (a)	9,863		716,152
Carbo Ceramics, Inc.	2,983		175,937
Cooper Cameron Corp. (a)	11,146		887,556
Diamond Offshore Drilling, Inc.	19,824		1,240,586
Dresser-Rand Group, Inc.	18,395		407,817
Dril-Quip, Inc. (a)	3,228		164,628
ENSCO International, Inc.	36,171		1,713,059
FMC Technologies, Inc. (a)	12,911		530,513
Global Industries Ltd. (a)	17,511		207,505
GlobalSantaFe Corp.	55,249		2,506,095
Grant Prideco, Inc. (a)	26,441		1,015,070
Grey Wolf, Inc. (a)	65,083		488,773
Gulf Island Fabrication, Inc.	300		7,455
Gulfmark Offshore, Inc. (a)	3,800		126,844
Halliburton Co.	119,784		7,624,252
Hanover Compressor Co. (a)	41,439		560,255
Helmerich & Payne, Inc.	12,383		718,462
Hercules Offshore, Inc. (a)	623		16,746
Hornbeck Offshore Services, Inc. (a)	4,789		156,888
Hydril Co. (a)	4,200		269,220
Input/Output, Inc. (a)	12,704		94,518
Lone Star Technologies, Inc. (a)	7,026		344,274
Lufkin Industries, Inc.	10,030		448,843
Matrix Service Co. (a)	6,459		60,133
Maverick Tube Corp. (a)	11,228		427,225
Metretek Technologies, Inc. (a)	2,900		18,995
Mitcham Industries, Inc. (a)	1,500		22,035
Nabors Industries Ltd. (a)	34,325		2,403,093
National Oilwell Varco, Inc. (a)	44,088		2,672,615
Newpark Resources, Inc. (a)	23,916		175,304
Noble Corp.	28,653		2,065,022
NS Group, Inc. (a)	8,077		331,480
Oceaneering International, Inc. (a)	4,600		234,600
Offshore Logistics, Inc. (a)	4,200		128,730
Oil States International, Inc. (a)	10,711		364,817
Parker Drilling Co. (a)	18,231		173,741
Patterson-UTI Energy, Inc.	38,295		1,196,336
Pioneer Drilling Co. (a)	8,000		140,160
Pride International, Inc. (a)	42,870		1,277,097
Rowan Companies, Inc.	23,443		841,135
RPC, Inc.	10,800		358,560
Schlumberger Ltd. (NY Shares)	139,019		13,308,289
SEACOR Holdings, Inc. (a)	9,591		645,954
Smith International, Inc.	50,722		1,916,784
Superior Energy Services, Inc. (a)	25,065		545,665
T-3 Energy Services, Inc. (a)	10		104
TETRA Technologies, Inc. (a)	5,095		149,284
Tidewater, Inc.	10,547		476,724
TODCO Class A	13,233		550,096
Transocean, Inc. (a)	76,818		4,904,061
Trico Marine Services, Inc. (a)	2,900		72,239
Union Drilling, Inc.	1,246		18,142
Unit Corp. (a)	11,621		629,393
Common Stocks - continued
	Shares		Value
ENERGY - continued
Energy Equipment & Services - continued
Universal Compression Holdings, Inc. (a)	4,900		$197,862
Veritas DGC, Inc. (a)	6,200		202,740
W-H Energy Services, Inc. (a)	5,400		179,982
Weatherford International Ltd. (a)	38,710		2,690,732
			66,964,023
Oil, Gas & Consumable Fuels - 6.9%
Alliance Resource Partners LP	3,076		122,425
Alpha Natural Resources, Inc.	8,681		208,518
Amerada Hess Corp.	19,346		2,370,272
Anadarko Petroleum Corp.	52,997		4,802,058
Apache Corp.	74,008		4,831,242
Arch Coal, Inc.	13,748		1,059,146
Atlas America, Inc. (a)	1,365		77,177
ATP Oil & Gas Corp. (a)	5,038		181,922
Berry Petroleum Co. Class A	3,951		225,405
Bill Barrett Corp.	14,621		573,874
BP Prudhoe Bay Royalty Trust	4,643		303,234
BPZ Energy, Inc. (a)	346		1,384
Brigham Exploration Co. (a)	18,871		230,981
Buckeye Partners LP	5,644		246,135
Burlington Resources, Inc.	91,987		6,646,061
Cabot Oil & Gas Corp.	14,934		630,364
Callon Petroleum Co. (a)	3,030		53,631
Cheniere Energy, Inc. (a)	19,308		691,806
Chesapeake Energy Corp.	70,446		2,039,412
Chevron Corp.	533,296		30,563,194
Cimarex Energy Co. (a)	21,951		854,113
Clayton Williams Energy, Inc. (a)	2,180		82,993
Comstock Resources, Inc. (a)	13,659		418,922
ConocoPhillips	302,091		18,279,526
CONSOL Energy, Inc.	22,904		1,482,347
Copano Energy LLC	7,026		263,405
Cross Timbers Royalty Trust	2,669		131,448
Crosstex Energy, Inc.	4,684		306,193
Delta Petroleum Corp. (a)	14,446		232,581
Denbury Resources, Inc. (a)	23,550		533,172
Devon Energy Corp.	104,904		6,315,221
Dorchester Minerals LP	4,673		123,554
El Paso Corp.	142,123		1,561,932
Enbridge Energy Management LLC	1,946		91,851
Encore Acquisition Co. (a)	10,578		328,341
Energy Partners Ltd. (a)	5,816		134,582
Enterprise Products Partners LP	15,186		380,106
EOG Resources, Inc.	58,575		4,202,756
Exxon Mobil Corp.	1,493,010		86,639,370
Forest Oil Corp. (a)	10,749		481,663
Foundation Coal Holdings, Inc.	5,415		192,612
Frontier Oil Corp.	13,080		492,854
FX Energy, Inc. (a)	12,906		147,903
General Maritime Corp.	10,799		417,273
Giant Industries, Inc. (a)	7,923		425,069
	Shares		Value
GSV, Inc. (a)	980		$176
Harken Energy Corp. (a)	1,536		922
Harvest Natural Resources, Inc. (a)	15,657		143,731
Holly Corp.	9,526		579,371
Houston Exploration Co. (a)	5,938		324,571
Hugoton Royalty Trust	6,529		235,370
Inergy LP	3,806		96,102
James River Coal Co. (a)	6,577		276,892
KCS Energy, Inc. (a)	17,160		448,734
Kerr-McGee Corp.	28,226		2,440,138
KFX, Inc. (a)	21,677		274,214
Kinder Morgan Management LLC	15,783		756,006
Kinder Morgan, Inc.	24,669		2,235,011
Magellan Midstream Partners LP	6,086		195,665
Marathon Oil Corp.	90,815		5,384,421
Maritrans, Inc.	2,243		64,800
Massey Energy Co.	15,938		604,847
McMoRan Exploration Co. (a)	3,291		59,567
Meridian Resource Corp. (a)	8,874		36,561
Murphy Oil Corp.	41,054		2,030,531
National Energy Group, Inc. (a)	71		373
Natural Resource Partners LP	1,123		64,674
Newfield Exploration Co. (a)	28,283		1,308,372
Noble Energy, Inc.	40,398		1,509,673
Occidental Petroleum Corp.	88,745		7,037,479
OMI Corp.	18,037		349,918
Overseas Shipholding Group, Inc.	5,794		295,262
Pacific Energy Partners LP	3,163		93,846
Peabody Energy Corp.	30,844		2,432,358
Penn Virginia Corp.	4,000		238,640
Penn Virginia Resource Partners LP	3,213		177,036
Petrohawk Energy Corp. (a)	16,262		216,447
Petroleum Development Corp. (a)	3,048		102,870
Pioneer Natural Resources Co.	32,388		1,649,521
Plains Exploration & Production Co. (a)	15,850		672,040
Pogo Producing Co.	13,052		639,548
Quicksilver Resources, Inc. (a)	11,100		420,246
Range Resources Corp.	17,465		650,397
Remington Oil & Gas Corp. (a)	4,835		161,779
Resource America, Inc. Class A	2,300		38,502
Ship Finance International Ltd. (NY Shares)	8,000		146,400
Southwestern Energy Co. (a)	35,342		1,204,102
Spinnaker Exploration Co. (a)	4,627		302,004
St. Mary Land & Exploration Co.	11,200		398,944
Stone Energy Corp. (a)	5,142		228,305
Sunoco Logistics Partners LP	2,343		88,917
Sunoco, Inc.	33,842		2,612,602
Swift Energy Co. (a)	9,607		443,747
Syntroleum Corp. (a)	24,063		194,188
TC Pipelines LP	3,233		103,456
Teekay Shipping Corp.	18,406		780,230
TEPPCO Partners LP	9,330		343,251
Tesoro Corp.	16,155		889,656
Common Stocks - continued
	Shares		Value
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
TransMontaigne, Inc. (a)	6,401		$39,942
Ultra Petroleum Corp. (a)	35,018		1,883,268
USEC, Inc.	15,100		166,100
Valero Energy Corp.	72,300		6,955,260
Valero LP	2,200		115,500
Vintage Petroleum, Inc.	14,306		749,348
Warren Resources, Inc.	33,191		520,767
Western Gas Resources, Inc.	15,332		731,030
Whiting Petroleum Corp. New (a)	7,673		318,046
Williams Companies, Inc.	144,598		3,108,857
World Fuel Services Corp.	14,050		482,618
XTO Energy, Inc.	88,646		3,607,006
			241,038,183
TOTAL ENERGY			308,002,206
FINANCIALS - 21.3%
Capital Markets - 2.7%
A.G. Edwards, Inc.	17,600		775,632
Affiliated Managers Group, Inc. (a)	10,330		814,417
Ameriprise Financial, Inc.	50,157		2,109,102
Ameritrade Holding Corp. (a)	71,450		1,669,072
Bank of New York Co., Inc.	185,988		6,026,011
Bear Stearns Companies, Inc.	26,356		2,925,252
BlackRock, Inc. Class A	2,436		262,698
Calamos Asset Management, Inc. Class A	9,049		245,228
Charles Schwab Corp.	256,019		3,904,290
E*TRADE Financial Corp. (a)	85,631		1,671,517
Eaton Vance Corp. (non-vtg.)	32,572		895,079
Federated Investors, Inc. Class B (non-vtg.)	24,874		908,896
Franklin Resources, Inc.	36,515		3,391,513
GAMCO Investors, Inc. Class A	600		27,180
Goldman Sachs Group, Inc.	97,737		12,604,164
Greenhill & Co., Inc.	1,754		96,277
Investment Technology Group, Inc. (a)	7,091		275,769
Investment Technology Group, Inc. contingent payment rights (a)	1,200		0
Investors Financial Services Corp.	13,954		526,764
Janus Capital Group, Inc.	48,898		937,375
JB Oxford Holdings, Inc. (a)	1,310		2,489
Jefferies Group, Inc.	15,016		660,854
Knight Capital Group, Inc. Class A (a)	31,740		321,209
LaBranche & Co., Inc. (a)	8,974		95,842
Ladenburg Thalmann Financial Services, Inc. (a)	1,908		1,049
Legg Mason, Inc.	24,547		3,010,690
Lehman Brothers Holdings, Inc.	66,265		8,349,390
Mellon Financial Corp.	95,283		3,205,320
Merrill Lynch & Co., Inc.	202,423		13,444,936
Morgan Stanley	235,113		13,173,381
	Shares		Value
Northern Trust Corp.	43,430		$2,288,327
Nuveen Investments, Inc. Class A	16,532		685,417
Olympic Cascade Financial Corp. (a)	1,200		960
optionsXpress Holdings, Inc.	7,000		171,570
Paulson Capital Corp.	1,300		14,569
Piper Jaffray Companies (a)	2,772		110,159
Raymond James Financial, Inc.	14,380		521,131
SEI Investments Co.	17,228		703,764
Siebert Financial Corp. (a)	2,700		7,371
State Street Corp.	80,918		4,668,159
Stifel Financial Corp. (a)	1,333		49,908
SWS Group, Inc.	2,406		49,612
T. Rowe Price Group, Inc.	28,957		2,083,456
TradeStation Group, Inc. (a)	3,740		44,543
W.P. Stewart & Co. Ltd.	17,502		437,550
Waddell & Reed Financial, Inc. Class A	21,335		455,289
Westwood Holdings Group, Inc.	601		10,974
			94,634,155
Commercial Banks - 5.5%
1st Source Corp.	4,009		101,307
ABC Bancorp	6,360		127,963
Abigail Adams National Bancorp, Inc.	302		4,361
Alabama National Bancorp, Delaware	2,924		193,861
Amcore Financial, Inc.	3,800		118,826
Amegy Bancorp, Inc.	15,378		367,227
AmSouth Bancorp.	92,634		2,463,138
Arrow Financial Corp.	1,469		41,352
Associated Banc-Corp.	24,969		818,484
BancFirst Corp.	820		65,362
BancorpSouth, Inc.	16,204		367,993
BancTrust Financial Group, Inc.	4,088		82,496
Bank of America Corp.	944,750		43,354,578
Bank of Granite Corp.	2,038		39,130
Bank of Hawaii Corp.	12,701		655,499
Bank of the Ozarks, Inc.	1,836		68,116
BankFinancial Corp.	7,293		107,280
Banner Corp.	1,809		57,056
Bar Harbor Bankshares	2,825		75,004
Bay View Capital Corp.	461		7,731
BB&T Corp.	132,575		5,641,066
BOK Financial Corp.	5,283		251,312
Boston Private Financial Holdings, Inc.	4,669		144,739
Bryn Mawr Bank Corp.	1,800		38,790
BWC Financial Corp.	3,246		118,479
Camden National Corp.	1,270		45,326
Capital City Bank Group, Inc.	2,960		113,842
Capital Corp. of the West	1,873		64,731
Capitol Bancorp Ltd.	2,475		92,466
Cascade Bancorp	3,352		78,906
Cathay General Bancorp	9,016		342,608
Cavalry Bancorp, Inc.	2,931		71,604
Centennial Bank Holdings, Inc., Delaware (a)	11,160		138,384
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
Center Bancorp, Inc.	4,047		$44,031
Central Coast Bancorp (a)	3,173		78,119
Central Pacific Financial Corp.	9,098		332,987
Chemical Financial Corp.	8,561		276,692
Chittenden Corp.	8,261		245,930
Citizens & Northern Corp.	8,300		231,985
Citizens Banking Corp., Michigan	6,600		195,294
City Holding Co.	3,000		109,440
City National Corp.	12,093		883,152
CoBiz, Inc.	11,206		213,138
Colonial Bancgroup, Inc.	35,571		886,074
Columbia Bancorp	1,731		71,335
Columbia Banking Systems, Inc.	2,866		82,684
Comerica, Inc.	38,180		2,201,841
Commerce Bancorp, Inc., New Jersey	35,673		1,201,823
Commerce Bancshares, Inc.	16,267		841,817
Commercial Bankshares, Inc.	2,566		97,149
Commercial National Financial Corp., Pennsylvania	2,005		38,095
Community Bank System, Inc.	8,054		193,779
Community Banks, Inc.	11,864		348,090
Community Capital Corp.	420		9,282
Community Trust Bancorp, Inc.	1,882		61,918
Compass Bancshares, Inc.	34,389		1,666,491
Cullen/Frost Bankers, Inc.	11,520		620,467
CVB Financial Corp.	11,458		230,764
East West Bancorp, Inc.	10,375		392,590
Eastern Virgina Bankshares, Inc.	800		16,817
Exchange National Bancshares, Inc.	1,200		35,556
Farmers Capital Bank Corp.	1,141		36,911
Fidelity Southern Corp.	2,900		50,924
Fifth Third Bancorp	110,446		4,447,660
Financial Institutions, Inc.	1,679		33,899
First Bancorp, North Carolina	2,256		49,700
First Bancorp, Puerto Rico	18,264		220,994
First Charter Corp.	12,660		317,006
First Citizen Bancshares, Inc.	1,629		305,389
First Commonwealth Financial Corp.	20,769		280,174
First Community Bancorp, California	2,500		129,400
First Financial Bancorp, Ohio	7,077		136,232
First Financial Bankshares, Inc.	2,438		90,669
First Financial Corp., Indiana	1,612		44,137
First Horizon National Corp.	30,286		1,178,731
First Indiana Corp.	1,970		68,852
First M&F Corp.	1,057		36,202
First Merchants Corp.	10,146		262,477
First Midwest Bancorp, Inc., Delaware	12,449		465,966
First Oak Brook Bancshares, Inc.	1,645		45,501
First Republic Bank, California	9,438		365,911
First State Bancorp.	7,984		197,524
First United Corp.	2,940		59,175
	Shares		Value
FirstMerit Corp.	17,918		$477,694
Flag Financial Corp.	3,365		54,177
FNB Corp., North Carolina	2,400		43,512
FNB Corp., Pennsylvania	14,487		265,547
FNB Corp., Virginia	1,239		38,223
FNB Financial Services Corp.	4,416		69,508
Foothill Independent Bancorp	4,543		108,850
Frontier Financial Corp., Washington	12,388		401,123
Fulton Financial Corp.	36,730		638,367
Glacier Bancorp, Inc.	12,752		419,796
Gold Banc Corp., Inc.	5,188		93,903
Great Southern Bancorp, Inc.	6,638		201,862
Greater Bay Bancorp	14,848		395,551
Greater Community Bancorp	2,906		42,864
Hancock Holding Co.	5,700		219,336
Hanmi Financial Corp.	16,972		316,188
Harleysville National Corp., Pennsylvania	6,357		134,260
Heritage Commerce Corp.	1,957		42,976
HF Financial Corp.	2,423		46,182
Hudson United Bancorp	12,882		542,332
Huntington Bancshares, Inc.	57,571		1,379,401
IBERIABANK Corp.	2,500		137,275
Independent Bank Corp., Massachusetts	2,103		61,471
Independent Bank Corp., Michigan	5,030		146,725
Integra Bank Corp.	5,300		113,685
Interchange Financial Services Corp.	7,800		140,322
International Bancshares Corp.	10,677		320,310
Irwin Financial Corp.	5,100		115,362
KeyCorp	84,552		2,803,744
Leesport Financial Corp.	1,212		28,123
LSB Bancshares, Inc.	2,300		41,055
M&T Bank Corp.	17,037		1,843,744
Main Street Banks, Inc.	4,100		113,857
Marshall & Ilsley Corp.	48,688		2,092,610
MB Financial, Inc.	7,698		289,137
Mercantile Bankshares Corp.	18,880		1,121,661
Merchants Bancshares, Inc.	1,800		46,800
Mid-State Bancshares	3,712		103,602
Midsouth Bancorp, Inc.	2,559		68,786
Midwest Banc Holdings, Inc.	3,643		82,295
Nara Bancorp, Inc.	1,600		29,952
National City Corp.	125,782		4,265,268
National Penn Bancshares, Inc.	15,880		326,969
NBT Bancorp, Inc.	10,179		232,794
North Fork Bancorp, Inc., New York	105,032		2,835,864
North Valley Bancorp	4,421		77,500
Northern States Financial Corp.	1,100		20,735
Northrim Bancorp, Inc.	2,594		62,386
Northway Financial, Inc.	400		14,000
Old National Bancorp, Indiana	15,482		339,056
Old Second Bancorp, Inc.	3,608		119,750
Omega Financial Corp.	2,947		86,436
Oriental Financial Group, Inc.	3,582		47,605
Pacific Capital Bancorp	7,644		285,274
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Commercial Banks - continued
Park National Corp.	3,102		$325,865
Peoples Bancorp, Inc.	1,390		40,338
Peoples Financial Corp., Mississippi	2,598		44,166
PNC Financial Services Group, Inc.	72,818		4,643,604
Popular, Inc.	56,381		1,250,531
Princeton National Bancorp, Inc.	2,475		82,170
PrivateBancorp, Inc.	11,060		408,003
Prosperity Bancshares, Inc.	11,892		363,895
Provident Bankshares Corp.	6,659		237,327
Regions Financial Corp. New	114,954		3,872,800
Renasant Corp.	2,040		64,790
Republic Bancorp, Inc.	13,071		162,342
Republic Bancorp, Inc., Kentucky Class A	3,542		72,753
Royal Bancshares of Pennsylvania, Inc. Class A	2,456		58,723
S&T Bancorp, Inc.	4,720		181,437
S.Y. Bancorp, Inc.	2,079		49,626
Sandy Spring Bancorp, Inc.	8,264		306,099
Seacoast Banking Corp., Florida	4,400		106,832
Shore Bancshares, Inc.	1,921		63,547
Signature Bank, New York (a)	14,047		404,413
Simmons First National Corp. Class A	1,653		46,317
Sky Financial Group, Inc.	29,033		861,699
South Financial Group, Inc.	16,318		484,155
State Bancorp, Inc., New York	3,704		68,042
Sterling Bancorp, New York	2,754		54,970
Sterling Bancshares, Inc.	6,070		94,631
Sterling Financial Corp., Pennsylvania	5,781		122,499
Sterling Financial Corp., Washington	10,236		267,160
Suffolk Bancorp	1,444		48,056
Summit Bancshares, Inc.	2,938		53,942
Sun Bancorp, Inc., New Jersey	2,747		54,473
SunTrust Banks, Inc.	79,539		5,785,667
Susquehanna Bancshares, Inc., Pennsylvania	10,905		267,391
SVB Financial Group (a)	6,600		317,394
Synovus Financial Corp.	56,097		1,579,131
TCF Financial Corp.	30,111		826,848
TD Banknorth, Inc.	21,953		651,565
Texas Capital Bancshares, Inc. (a)	11,132		268,726
Texas Regional Bancshares, Inc. Class A	9,972		290,684
TIB Financial Corp.	900		29,115
Tompkins Trustco, Inc.	1,098		49,630
Trico Bancshares	2,400		56,832
Trustco Bank Corp., New York	15,309		198,711
Trustmark Corp.	9,000		257,400
U.S. Bancorp, Delaware	439,152		13,297,523
UCBH Holdings, Inc.	19,684		347,226
UMB Financial Corp.	5,486		364,161
Umpqua Holdings Corp.	12,788		337,859
Union Bankshares Corp.	1,262		60,791
	Shares		Value
UnionBanCal Corp.	8,924		$617,541
United Bankshares, Inc., West Virginia	9,703		366,676
United Community Banks, Inc., Georgia	5,100		145,605
Unizan Financial Corp.	2,881		75,857
USB Holding Co., Inc.	2,943		64,157
Vail Banks, Inc.	500		6,980
Valley National Bancorp	24,971		615,036
Wachovia Corp.	369,987		19,757,306
Washington Banking Co., Oak Harbor	4,376		78,068
Washington Trust Bancorp, Inc.	2,572		72,093
Wells Fargo & Co.	393,705		24,744,359
WesBanco, Inc.	10,322		330,304
West Coast Bancorp, Oregon	3,534		93,121
Westamerica Bancorp.	8,154		445,535
Westbank Corp.	1,365		20,789
Westcorp	6,678		449,029
Whitney Holding Corp.	15,174		444,598
Wilmington Trust Corp., Delaware	18,101		732,909
Wintrust Financial Corp.	4,350		244,383
Yardville National Bancorp	1,968		68,703
Zions Bancorp	19,071		1,442,340
			191,732,844
Consumer Finance - 1.0%
ACE Cash Express, Inc. (a)	5,157		122,891
Advance America Cash Advance Centers, Inc.	24,112		300,194
Advanta Corp. Class A	2,600		79,638
American Express Co.	258,956		13,315,518
AmeriCredit Corp. (a)	32,079		795,559
Asta Funding, Inc.	4,352		107,843
Capital One Financial Corp.	67,148		5,577,313
Cash America International, Inc.	11,063		250,577
CompuCredit Corp. (a)	7,490		292,634
Consumer Portfolio Services, Inc. (a)	2,400		13,872
Equitex, Inc. (a)	517		2,595
Equitex, Inc.:
Class A warrants 2/7/10 (a)	258		506
Class B warrants 2/7/10 (a)	258		0
First Cash Financial Services, Inc. (a)	4,887		141,723
First Marblehead Corp.	6,528		220,646
MBNA Corp.	277,289		7,423,027
Metris Companies, Inc. (a)	8,652		129,693
Nelnet, Inc. Class A (a)	4,052		154,179
Rewards Network, Inc. (a)	2,360		13,594
SLM Corp.	99,111		5,208,283
Student Loan Corp.	1,055		222,721
United Panam Financial Corp. (a)	2,332		54,639
WFS Financial, Inc. (a)	375		29,108
World Acceptance Corp. (a)	3,244		89,340
			34,546,093
Diversified Financial Services - 3.0%
Alliance Capital Management Holding LP	3,525		192,289
Asset Acceptance Capital Corp. (a)	6,300		128,583
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Diversified Financial Services - continued
CapitalSource, Inc. (a)	18,495		$442,031
CBOT Holdings, Inc. Class A	853		82,528
Chicago Mercantile Exchange Holdings, Inc. Class A	6,376		2,258,060
CIT Group, Inc.	49,038		2,427,381
Citigroup, Inc.	1,218,454		59,155,942
Encore Capital Group, Inc. (a)	9,436		154,562
eSpeed, Inc. Class A (a)	4,755		40,750
Financial Federal Corp.	3,300		133,386
Finova Group, Inc. (a)	3,400		197
First Albany Companies, Inc.	1,530		10,389
Imperial Credit Industries, Inc. warrants 1/31/08 (a)	89		0
Instinet Group, Inc.	21,989		111,484
International Securities Exchange, Inc. Class A	8,000		236,800
JPMorgan Chase & Co.	833,066		31,864,775
Leucadia National Corp.	22,976		1,088,603
Medallion Financial Corp.	100		1,003
MicroFinancial, Inc.	100		349
Moody's Corp.	62,352		3,750,473
Principal Financial Group, Inc.	67,268		3,408,470
The Nasdaq Stock Market, Inc. (a)	15,000		586,950
			106,075,005
Insurance - 5.0%
21st Century Holding Co.	1,244		16,794
21st Century Insurance Group	12,491		213,596
ACE Ltd.	72,260		4,010,430
AFLAC, Inc.	118,984		5,711,232
Alfa Corp.	13,600		237,048
Alleghany Corp.	1,578		464,232
Allmerica Financial Corp.	10,400		415,480
Allstate Corp.	152,394		8,549,303
AMBAC Financial Group, Inc.	23,144		1,774,913
American Equity Investment Life Holding Co.	6,025		70,854
American Financial Group, Inc., Ohio	12,444		462,295
American Independence Corp. (a)	587		6,363
American International Group, Inc.	536,358		36,011,076
American National Insurance Co.	4,651		544,818
American Physicians Capital, Inc. (a)	2,003		91,036
AmerUs Group Co.	8,791		516,295
Aon Corp.	58,441		2,127,837
Arch Capital Group Ltd. (a)	8,084		424,087
Argonaut Group, Inc. (a)	9,907		315,043
Arthur J. Gallagher & Co.	20,136		613,141
Aspen Insurance Holdings Ltd.	17,785		445,159
Assurant, Inc.	24,985		1,102,338
Assured Guaranty Ltd.	25,496		671,055
Atlantic American Corp. (a)	100		256
Axis Capital Holdings Ltd.	37,639		1,139,709
	Shares		Value
Baldwin & Lyons, Inc. Class B	3,450		$86,492
Berkshire Hathaway, Inc. Class A (a)	241		21,542,990
Bristol West Holdings, Inc.	11,187		207,295
Brown & Brown, Inc.	25,380		740,588
Ceres Group, Inc. (a)	9,011		45,055
Cincinnati Financial Corp.	35,092		1,562,647
Citizens Financial Corp., Kentucky (a)	200		1,260
Citizens, Inc. Class A	8,022		42,677
Clark, Inc.	1,340		18,934
CNA Financial Corp. (a)	5,284		179,920
CNA Surety Corp. (a)	8,543		126,180
Commerce Group, Inc., Massachusetts	6,917		401,601
Conseco, Inc. (a)	31,533		706,970
Covanta Holding Corp. (a)	19,950		260,148
Crawford & Co. Class B	10,194		61,164
Delphi Financial Group, Inc. Class A	9,327		441,913
Donegal Group, Inc. Class B	2,698		64,725
EMC Insurance Group	2,920		57,115
Endurance Specialty Holdings Ltd.	20,235		697,096
Erie Indemnity Co. Class A	6,123		324,519
Everest Re Group Ltd.	12,865		1,352,369
FBL Financial Group, Inc. Class A	4,209		131,952
Fidelity National Financial, Inc.	33,213		1,256,116
Fidelity National Title Group, Inc. Class A	5,812		132,514
First Acceptance Corp. (a)	3,950		40,132
First American Corp., California	18,758		882,564
FPIC Insurance Group, Inc. (a)	1,648		62,426
Gainsco, Inc. (a)	500		3,275
Genworth Financial, Inc. Class A (non-vtg.)	50,910		1,753,850
Great American Financial Resources, Inc.	3,327		66,973
Harleysville Group, Inc.	3,500		95,585
Hartford Financial Services Group, Inc.	65,036		5,682,195
HCC Insurance Holdings, Inc.	21,289		650,379
Hilb Rogal & Hobbs Co.	6,901		269,001
Horace Mann Educators Corp.	18,001		340,939
Independence Holding Co.	2,448		44,040
Infinity Property & Casualty Corp.	3,044		112,476
Investors Title Co.	1,058		45,483
IPC Holdings Ltd.	16,980		495,816
Jefferson-Pilot Corp.	25,944		1,441,189
Kansas City Life Insurance Co.	1,100		55,528
LandAmerica Financial Group, Inc.	6,128		396,788
Lincoln National Corp.	44,468		2,311,447
Loews Corp.	27,814		2,686,276
Markel Corp. (a)	2,174		689,702
Marsh & McLennan Companies, Inc.	122,830		3,794,219
Max Re Capital Ltd.	20,186		538,966
MBIA, Inc.	30,595		1,890,159
Meadowbrook Insurance Group, Inc. (a)	600		3,900
Mercury General Corp.	4,395		260,624
MetLife, Inc.	89,797		4,619,158
Montpelier Re Holdings Ltd.	25,421		499,014
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Insurance - continued
National Financial Partners Corp.	5,826		$296,485
National Security Group, Inc.	1,645		26,830
National Western Life Insurance Co. Class A	488		107,360
Nationwide Financial Services, Inc. Class A (sub. vtg.)	12,944		545,590
Navigators Group, Inc. (a)	2,148		86,801
Nymagic, Inc.	2,556		65,740
Odyssey Re Holdings Corp.	5,220		133,841
Ohio Casualty Corp.	13,939		412,594
Old Republic International Corp.	33,117		881,243
PartnerRe Ltd.	14,242		972,444
Penn Treaty American Corp. (a)	150		1,499
Philadelphia Consolidated Holdings Corp. (a)	4,100		397,331
Phoenix Companies, Inc.	34,255		465,868
Platinum Underwriters Holdings Ltd.	20,207		615,505
PMA Capital Corp. Class A (a)	5,400		47,952
Presidential Life Corp.	5,318		102,584
ProAssurance Corp. (a)	5,253		261,494
Progressive Corp.	43,038		5,293,244
Protective Life Corp.	14,280		630,890
Prudential Financial, Inc.	125,963		9,749,536
Reinsurance Group of America, Inc.	9,962		471,003
RenaissanceRe Holdings Ltd.	23,239		1,044,128
RLI Corp.	4,000		208,800
RTW, Inc. (a)	1,450		14,776
SAFECO Corp.	29,937		1,683,956
Safety Insurance Group, Inc.	3,129		125,504
Scottish Re Group Ltd.	20,458		516,155
SCPIE Holding, Inc. (a)	2,045		42,127
Selective Insurance Group, Inc.	8,808		492,984
StanCorp Financial Group, Inc.	6,395		658,941
State Auto Financial Corp.	6,061		208,680
Stewart Information Services Corp.	4,850		245,216
The Chubb Corp.	41,994		4,066,699
The Midland Co.	3,869		146,248
The St. Paul Travelers Companies, Inc.	158,167		7,359,511
Torchmark Corp.	20,667		1,118,498
Transatlantic Holdings, Inc.	5,642		394,658
UICI	7,000		249,340
Unico American Corp. (a)	3,435		30,881
United Fire & Casualty Co.	3,976		181,703
Unitrin, Inc.	12,000		568,800
Universal American Financial Corp. (a)	11,700		172,692
UnumProvident Corp.	63,866		1,405,052
USI Holdings Corp. (a)	8,771		122,794
UTG, Inc. (a)	300		1,875
Vesta Insurance Group, Inc. (a)	2,600		2,600
W.R. Berkley Corp.	25,979		1,211,141
Wesco Financial Corp.	484		173,756
	Shares		Value
White Mountains Insurance Group Ltd.	1,903		$1,157,785
XL Capital Ltd. Class A	31,924		2,119,115
Zenith National Insurance Corp.	5,592		265,061
			173,664,044
Real Estate - 2.4%
Aames Investment Corp., Maryland	17,394		104,364
Acadia Realty Trust (SBI)	9,120		186,778
Affordable Residential Communties, Inc.	13,684		122,061
Agree Realty Corp.	1,490		42,122
Alexanders, Inc. (a)	542		136,421
Alexandria Real Estate Equities, Inc.	4,919		413,196
AMB Property Corp. (SBI)	25,631		1,198,506
AMEN Properties, Inc. (a)	75		465
American Campus Communities, Inc.	15,575		392,023
American Financial Realty Trust (SBI)	26,856		335,700
American Home Mortgage Investment Corp.	7,560		224,456
American Land Lease, Inc.	3,001		71,124
American Mortgage Acceptance Co.	1,588		22,835
American Real Estate Partners LP	2,991		98,404
AmeriVest Properties, Inc. (a)	4,569		18,459
AMLI Residential Properties Trust (SBI)	12,247		460,242
Annaly Mortgage Management, Inc.	26,626		312,856
Anthracite Capital, Inc.	8,614		93,376
Anworth Mortgage Asset Corp.	4,800		38,112
Apartment Investment & Management Co. Class A	25,341		981,457
Arbor Realty Trust, Inc.	13,814		372,702
Archstone-Smith Trust	47,578		1,989,236
Arden Realty, Inc.	17,080		776,798
Ashford Hospitality Trust, Inc.	26,680		284,676
Associated Estates Realty Corp.	7,843		71,763
AvalonBay Communities, Inc.	15,854		1,449,848
Bedford Property Investors, Inc.	6,035		138,805
Bimini Mortgage Management, Inc.	8,157		75,044
BioMed Realty Trust, Inc.	16,039		411,721
BNP Residential Properties, Inc.	3,537		52,348
Boston Properties, Inc.	20,251		1,523,078
Boykin Lodging Co. (a)	6,069		72,828
Brandywine Realty Trust (SBI)	11,122		322,316
BRE Properties, Inc. Class A	10,848		505,083
BRT Realty Trust	4,566		103,192
Camden Property Trust (SBI)	10,727		632,893
Capital Automotive (REIT) (SBI)	13,604		525,523
Capital Lease Funding, Inc.	13,883		136,470
Capital Trust, Inc. Class A	8,506		260,709
Capstead Mortgage Corp.	2,634		16,489
CarrAmerica Realty Corp.	17,880		631,164
CB Richard Ellis Group, Inc. Class A (a)	13,270		736,485
CBL & Associates Properties, Inc.	12,658		509,485
Cedar Shopping Centers, Inc.	10,479		144,086
CenterPoint Properties Trust (SBI)	10,402		475,267
Colonial Properties Trust (SBI)	10,906		479,101
Commercial Net Lease Realty, Inc.	18,845		381,800
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate - continued
Consolidated-Tomoka Land Co.	2,369		$152,540
Corporate Office Properties Trust (SBI)	6,900		248,952
Correctional Properties Trust	2,637		75,840
Cousins Properties, Inc.	6,869		191,233
Crescent Real Estate Equities Co.	31,701		658,430
Criimi Mae, Inc. (a)	3,384		66,902
Developers Diversified Realty Corp.	32,618		1,477,595
Digital Realty Trust, Inc.	8,246		185,370
Duke Realty Corp.	34,426		1,170,484
Eastgroup Properties, Inc.	6,213		280,393
ECC Capital Corp.	35,669		107,007
Education Realty Trust, Inc.	7,044		87,980
Entertainment Properties Trust (SBI)	7,556		323,246
Equity Inns, Inc.	10,932		149,987
Equity Lifestyle Properties, Inc.	4,988		231,244
Equity Office Properties Trust	105,941		3,303,240
Equity One, Inc.	12,267		291,464
Equity Residential (SBI)	62,957		2,566,127
Essex Property Trust, Inc.	4,200		385,140
Extra Space Storage, Inc.	20,365		310,363
Federal Realty Investment Trust (SBI)	16,905		1,064,677
FelCor Lodging Trust, Inc.	7,268		123,411
Fieldstone Investment Corp.	8,500		95,200
First Industrial Realty Trust, Inc.	7,500		304,875
First Potomac Realty Trust	12,120		335,118
First Union Real Estate Equity & Mortgage Investments (SBI) (a)	983		4,807
Forest City Enterprises, Inc. Class A	17,426		677,523
Franklin Street Properties Corp.	10,340		214,038
Friedman, Billings, Ramsey Group, Inc. Class A	28,926		307,773
General Growth Properties, Inc.	49,912		2,276,985
Getty Realty Corp.	7,503		201,606
Gladstone Commercial Corp.	900		15,039
Glenborough Realty Trust, Inc.	8,600		163,142
Glimcher Realty Trust	6,287		161,450
Global Signal, Inc.	3,622		157,014
GMH Communities Trust	18,812		283,497
Gramercy Capital Corp.	3,996		93,706
Health Care Property Investors, Inc.	41,781		1,097,587
Health Care REIT, Inc.	10,591		364,330
Healthcare Realty Trust, Inc.	13,961		488,914
Heritage Property Investment Trust, Inc.	7,067		237,805
Highland Hospitality Corp.	6,812		73,638
Highwoods Properties, Inc. (SBI)	11,942		344,288
Home Properties of New York, Inc.	7,166		298,321
HomeBanc Mortgage Corp., Georgia	25,009		196,321
Hospitality Properties Trust (SBI)	14,014		577,237
Host Marriott Corp.	73,863		1,322,148
HRPT Properties Trust (SBI)	37,556		410,863
Impac Mortgage Holdings, Inc.	14,479		166,509
	Shares		Value
Inland Real Estate Corp.	10,753		$160,005
Innkeepers USA Trust (SBI)	6,459		112,645
Investors Real Estate Trust	10,700		100,687
iStar Financial, Inc.	18,806		698,831
Jones Lang LaSalle, Inc.	5,250		262,395
Kilroy Realty Corp.	9,900		609,840
Kimco Realty Corp.	58,665		1,845,014
Kite Realty Group Trust	15,000		234,450
KKR Financial Corp.	7,400		175,750
LaSalle Hotel Properties (SBI)	5,338		179,677
Lexington Corporate Properties Trust	9,054		192,760
Liberty Property Trust (SBI)	16,295		691,886
LTC Properties, Inc.	5,854		119,890
Luminent Mortgage Capital, Inc.	15,498		123,984
Mack-Cali Realty Corp.	15,836		699,476
Maguire Properties, Inc.	6,425		205,600
MeriStar Hospitality Corp. (a)	38,369		375,633
MFA Mortgage Investments, Inc.	22,926		139,849
Mid-America Apartment Communities, Inc.	10,561		512,948
Mission West Properties, Inc.	6,896		69,443
Monmouth Real Estate Investment Corp. Class A	5,400		43,146
MortgageIT Holdings, Inc.	12,406		164,007
National Health Investors, Inc.	8,489		234,721
National Health Realty, Inc.	5,083		98,458
Nationwide Health Properties, Inc.	15,314		348,394
New Century Financial Corp.	12,378		447,712
New Plan Excel Realty Trust	21,703		518,268
Newcastle Investment Corp.	13,959		378,708
Novastar Financial, Inc.	5,208		145,772
Omega Healthcare Investors, Inc.	11,978		143,976
One Liberty Properties, Inc.	3,094		59,095
Pan Pacific Retail Properties, Inc.	7,472		502,866
Parkway Properties, Inc.	2,300		96,140
Pennsylvania (REIT) (SBI)	12,313		454,719
Plum Creek Timber Co., Inc.	38,267		1,490,882
Post Properties, Inc.	13,012		526,466
Prentiss Properties Trust (SBI)	10,789		442,349
ProLogis Trust	58,532		2,655,012
PS Business Parks, Inc.	5,673		267,198
Public Storage, Inc.	19,350		1,366,110
RAIT Investment Trust (SBI)	3,700		97,236
Ramco-Gershenson Properties Trust (SBI)	5,200		142,636
Rayonier, Inc.	24,885		988,930
Realty Income Corp.	18,481		418,410
Reckson Associates Realty Corp.	15,684		576,073
Redwood Trust, Inc.	3,700		159,618
Regency Centers Corp.	19,254		1,117,695
Saul Centers, Inc.	2,530		94,293
Saxon Capital, Inc.	9,373		112,476
Senior Housing Properties Trust (SBI)	10,720		201,643
Shurgard Storage Centers, Inc. Class A	11,331		663,090
Simon Property Group, Inc.	55,435		4,285,680
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Real Estate - continued
Sizeler Property Investors, Inc.	6,129		$78,451
SL Green Realty Corp.	7,936		586,074
Sovran Self Storage, Inc.	3,400		168,640
Spirit Finance Corp.	37,838		435,137
Strategic Hotel Capital, Inc.	16,527		305,254
Sun Communities, Inc.	4,061		124,267
Sunstone Hotel Investors, Inc.	12,888		326,066
Tanger Factory Outlet Centers, Inc.	5,800		159,442
Tarragon Corp. (a)	3,858		76,658
Taubman Centers, Inc.	12,222		428,014
Tejon Ranch Co. (a)	2,241		92,665
The Macerich Co.	14,041		954,507
The Mills Corp.	10,552		452,681
The St. Joe Co.	15,219		1,010,542
Thornburg Mortgage, Inc. (SBI)	34,699		916,054
Town & Country Trust	5,100		147,900
Trammell Crow Co. (a)	6,244		161,470
Transcontinental Realty Investors, Inc. (a)	600		11,136
Trizec Properties, Inc.	24,700		555,256
Trustreet Properties, Inc.	10,492		164,095
U-Store-It Trust	24,318		516,028
United Capital Corp. (a)	1,894		46,365
United Dominion Realty Trust, Inc. (SBI)	34,239		766,611
United Mobile Homes, Inc.	4,571		69,891
Universal Health Realty Income Trust (SBI)	5,117		169,577
Urstadt Biddle Properties, Inc.	365		6,172
Urstadt Biddle Properties, Inc. Class A	7,415		121,087
Ventas, Inc.	22,496		709,299
Vornado Realty Trust	26,157		2,232,500
W.P. Carey & Co. LLC	6,483		162,205
Washington (REIT) (SBI)	11,409		356,988
Weingarten Realty Investors (SBI)	19,550		738,404
Winston Hotels, Inc.	7,079		71,144
			82,526,348
Thrifts & Mortgage Finance - 1.7%
Accredited Home Lenders Holding Co. (a)	2,591		112,242
Aether Holdings, Inc. (a)	7,213		25,101
Anchor BanCorp Wisconsin, Inc.	7,806		241,205
Astoria Financial Corp.	29,927		846,336
Bank Mutual Corp.	15,096		159,716
BankAtlantic Bancorp, Inc. Class A (non-vtg.)	9,000		125,460
BankUnited Financial Corp. Class A	5,100		129,999
BCSB Bankcorp, Inc.	3,011		40,950
Berkshire Hills Bancorp, Inc.	1,240		40,412
Brookline Bancorp, Inc., Delaware	10,845		152,481
Camco Financial Corp.	404		5,717
Capital Crossing Bank (a)	2,000		65,580
Capitol Federal Financial	4,232		144,480
CFS Bancorp, Inc.	800		11,144
	Shares		Value
Charter Financial Corp., Georgia	517		$18,126
Charter Municipal Mortgage Acceptance Co.	12,910		281,825
Citizens South Banking Corp., Delaware	3,732		45,421
City Bank Lynnwood, Washington	1,594		54,913
Clifton Savings Bancorp, Inc.	14,601		150,244
Coastal Financial Corp.	8,041		107,991
Commercial Capital Bancorp, Inc.	15,540		259,207
Commercial Federal Corp.	14,002		482,229
Corus Bankshares, Inc.	5,600		329,168
Countrywide Financial Corp.	144,349		5,024,789
Dime Community Bancshares, Inc.	7,725		114,407
Doral Financial Corp.	18,000		181,800
Downey Financial Corp.	4,495		290,827
ESB Financial Corp.	5,043		62,382
Fannie Mae	229,009		11,003,882
Farmer Mac Class A (multi-vtg.)	700		14,945
Fidelity Bankshares, Inc.	6,982		217,769
First Busey Corp.	2,641		55,514
First Defiance Financial Corp.	3,067		85,815
First Financial Holdings, Inc.	3,500		106,890
First Financial Service Corp.	2,030		56,840
First Niagara Financial Group, Inc.	33,807		489,863
First Place Financial Corp.	3,046		72,678
FirstFed Financial Corp., Delaware (a)	3,873		202,713
Flagstar Bancorp, Inc.	7,834		118,058
Flushing Financial Corp.	3,135		52,668
Franklin Bank Corp. (a)	10,118		187,183
Freddie Mac	162,957		10,176,665
Fremont General Corp.	16,514		386,593
Golden West Financial Corp., Delaware	67,751		4,389,587
Greater Delaware Valley Savings Bank	1,542		38,704
Guaranty Federal Bancshares, Inc.	900		25,425
Harbor Florida Bancshares, Inc.	4,705		177,190
Heritage Financial Corp., Washington	1,365		32,746
Hingham Institution for Savings	1,466		56,089
Home City Financial Corp.	800		12,320
Home Federal Bancorp	2,206		56,010
Horizon Financial Corp.	4,727		107,067
Hudson City Bancorp, Inc.	147,896		1,761,441
Independence Community Bank Corp.	16,871		668,766
IndyMac Bancorp, Inc.	13,431		514,139
ITLA Capital Corp. (a)	900		47,205
KNBT Bancorp, Inc.	11,351		186,043
MAF Bancorp., Inc.	6,431		273,768
MASSBANK Corp.	742		24,115
MGIC Investment Corp.	20,114		1,309,421
NASB Financial, Inc.	1,172		44,419
NetBank, Inc.	7,793		57,590
New York Community Bancorp, Inc.	56,343		938,111
NewAlliance Bancshares, Inc.	28,814		430,481
NewMil Bancorp, Inc.	2,298		69,859
Northwest Bancorp, Inc.	6,200		137,206
OceanFirst Financial Corp.	5,699		137,346
Common Stocks - continued
	Shares		Value
FINANCIALS - continued
Thrifts & Mortgage Finance - continued
Ocwen Financial Corp. (a)	13,732		$115,898
Pacific Premier Bancorp, Inc. (a)	40		473
Pamrapo Bancorp, Inc.	2,741		58,246
Parkvale Financial Corp.	500		13,925
Partners Trust Financial Group, Inc.	15,509		186,108
People's Bank, Connecticut	20,516		638,458
Peoples Bancorp, Auburn, Indiana	300		5,988
PFF Bancorp, Inc.	7,650		233,708
PFS Bancorp, Inc.	100		2,255
Provident Financial Holdings, Inc.	1,350		37,112
Provident Financial Services, Inc.	13,171		236,946
Provident New York Bancorp	7,401		85,778
PVF Capital Corp.	4,083		44,096
R&G Financial Corp. Class B	5,100		64,923
Radian Group, Inc.	17,444		986,633
Riverview Bancorp, Inc.	2,511		55,920
Sovereign Bancorp, Inc.	93,312		2,039,800
TF Financial Corp.	1,583		44,403
The PMI Group, Inc.	17,899		726,699
TierOne Corp.	10,000		299,700
Timberland Bancorp, Inc.	2,452		57,279
Triad Guaranty, Inc. (a)	2,250		97,560
Union Community Bancorp	658		17,615
United Community Financial Corp., Ohio	5,530		65,199
W Holding Co., Inc.	28,060		231,495
Washington Federal, Inc.	21,759		528,091
Washington Mutual, Inc.	228,042		9,393,050
Webster Financial Corp.	12,478		597,197
Westfield Financial, Inc.	2,266		54,361
Willow Grove Bancorp, Inc.	4,146		65,009
WSFS Financial Corp.	2,374		150,037
			61,361,238
TOTAL FINANCIALS			744,539,727
HEALTH CARE - 12.2%
Biotechnology - 2.1%
Aastrom Biosciences, Inc. (a)	1,900		4,123
Abgenix, Inc. (a)	20,350		278,999
Affymetrix, Inc. (a)	12,000		590,880
Albany Molecular Research, Inc. (a)	4,800		58,752
Alexion Pharmaceuticals, Inc. (a)	9,248		180,428
Alkermes, Inc. (a)	31,772		577,615
Alliance Pharmaceutical Corp. (a)	300		27
Amgen, Inc. (a)	298,036		24,120,053
Amylin Pharmaceuticals, Inc. (a)	30,873		1,154,959
Antigenics, Inc. (a)	5,388		29,472
Aphton Corp. (a)	3,000		1,170
Applera Corp.:
- Applied Biosystems Group	44,853		1,237,046
- Celera Genomics Group (a)	18,037		224,020
	Shares		Value
Arena Pharmaceuticals, Inc. (a)	5,200		$56,056
ARIAD Pharmaceuticals, Inc. (a)	6,185		38,161
ArQule, Inc. (a)	3,400		23,562
Array Biopharma, Inc. (a)	21,015		141,221
Avant Immunotherapeutics, Inc. (a)	2,169		3,883
AVI BioPharma, Inc. (a)	2,700		9,072
Avigen, Inc. (a)	1,600		4,800
Axonyx, Inc. (a)	22,314		20,083
BioCryst Pharmaceuticals, Inc. (a)	1,700		27,608
Biogen Idec, Inc. (a)	85,720		3,669,673
BioMarin Pharmaceutical, Inc. (a)	43,947		428,044
Biopure Corp. Class A (a)	907		907
BioSphere Medical, Inc. (a)	800		4,464
Boston Life Sciences, Inc. (a)	1,080		2,257
Caliper Life Sciences, Inc. (a)	4,716		34,050
Cambrex Corp.	2,830		51,082
Celgene Corp. (a)	38,361		2,336,952
Cell Genesys, Inc. (a)	5,600		32,592
Cell Therapeutics, Inc. (a)	4,949		10,393
Cephalon, Inc. (a)	14,328		728,579
Cepheid, Inc. (a)	4,999		54,939
Charles River Laboratories International, Inc. (a)	17,951		817,848
Chiron Corp. (a)	26,529		1,175,235
Ciphergen Biosystems, Inc. (a)	2,209		2,828
Cryo-Cell International, Inc. (a)	8,023		28,642
Cubist Pharmaceuticals, Inc. (a)	16,366		370,035
CuraGen Corp. (a)	4,779		19,689
CV Therapeutics, Inc. (a)	10,344		255,807
Cytogen Corp. (a)	370		1,129
Cytokinetics, Inc. (a)	12,030		103,458
Dendreon Corp. (a)	18,158		107,314
Digene Corp. (a)	2,716		74,473
Discovery Partners International, Inc. (a)	214		503
Diversa Corp. (a)	6,100		31,232
DOV Pharmaceutical, Inc. (a)	2,861		41,313
Dyax Corp. (a)	9,586		42,083
Embrex, Inc. (a)	2,200		30,800
Encysive Pharmaceuticals, Inc. (a)	14,400		163,728
EntreMed, Inc. (a)	3,700		7,955
Enzo Biochem, Inc.	5,106		69,646
Enzon Pharmaceuticals, Inc. (a)	4,594		31,193
Exact Sciences Corp. (a)	3,245		4,738
Exelixis, Inc. (a)	12,268		99,125
Genaera Corp. (a)	7,533		10,772
Gene Logic, Inc. (a)	4,200		15,120
Genelabs Technologies, Inc. (a)	9,800		4,410
Genentech, Inc. (a)	110,704		10,585,516
Genitope Corp. (a)	11,809		93,763
Genta, Inc. (a)	23,275		28,396
GenVec, Inc. (a)	17,041		28,118
Genzyme Corp. (a)	60,284		4,481,513
Geron Corp. (a)	33,352		299,501
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Biotechnology - continued
Gilead Sciences, Inc. (a)	105,580		$5,351,850
GTC Biotherapeutics, Inc. (a)	4,100		7,380
Harvard Bioscience, Inc. (a)	786		3,026
Hemispherx Biopharma, Inc. (a)	800		1,992
Human Genome Sciences, Inc. (a)	30,411		281,302
ICOS Corp. (a)	10,865		309,544
Idenix Pharmaceuticals, Inc. (a)	3,770		78,265
IDM Pharma, Inc. (a)	442		1,750
Illumina, Inc. (a)	2,200		34,650
ImClone Systems, Inc. (a)	15,006		486,344
ImmunoGen, Inc. (a)	2,572		14,223
Immunomedics, Inc. (a)	5,227		10,611
Incyte Corp. (a)	25,016		139,089
Indevus Pharmaceuticals, Inc. (a)	8,080		32,401
InterMune, Inc. (a)	3,546		51,240
Introgen Therapeutics, Inc. (a)	5,766		35,634
Invitrogen Corp. (a)	12,195		812,797
Isis Pharmaceuticals, Inc. (a)	7,200		36,504
Kendle International, Inc. (a)	2,900		69,310
Keryx Biopharmaceuticals, Inc. (a)	20,000		277,800
Kosan Biosciences, Inc. (a)	1,712		12,395
La Jolla Pharmaceutical Co. (a)	10,419		7,085
Large Scale Biology Corp. (a)	500		165
Lexicon Genetics, Inc. (a)	5,448		20,593
Luminex Corp. (a)	2,179		22,836
MannKind Corp. (a)	11,612		150,608
Martek Biosciences (a)	8,435		221,081
Maxim Pharmaceuticals, Inc. (a)	1,500		1,845
Maxygen, Inc. (a)	5,600		41,328
Medarex, Inc. (a)	25,798		269,847
MedImmune, Inc. (a)	61,859		2,221,357
Millennium Pharmaceuticals, Inc. (a)	69,267		727,996
Monogram Biosciences, Inc. (a)	16,850		30,162
Myogen, Inc. (a)	20,878		453,888
Myriad Genetics, Inc. (a)	10,926		209,888
Nabi Biopharmaceuticals (a)	10,423		33,458
Nanogen, Inc. (a)	1,100		3,102
Nektar Therapeutics (a)	19,726		331,791
Neopharm, Inc. (a)	3,269		30,859
NeoRX Corp. (a)	4,739		4,786
Neose Technologies, Inc. (a)	1,356		2,373
Neurocrine Biosciences, Inc. (a)	6,873		409,081
Neurogen Corp. (a)	500		3,720
Northfield Laboratories, Inc. (a)	9,454		121,200
Novavax, Inc. (a)	5,764		20,001
NPS Pharmaceuticals, Inc. (a)	5,449		63,154
Nuvelo, Inc. (a)	1,431		12,464
ONYX Pharmaceuticals, Inc. (a)	7,174		181,000
Orchid Cellmark, Inc. (a)	3,164		21,262
Orthologic Corp. (a)	7,445		30,897
Oscient Pharmaceuticals Corp. (a)	5,546		10,815
	Shares		Value
OSI Pharmaceuticals, Inc. (a)	12,837		$311,297
Palatin Technologies, Inc. (a)	11,411		40,851
Peregrine Pharmaceuticals, Inc. (a)	8,337		8,004
Pharmacopeia Drug Discovery, Inc. (a)	2,082		6,579
Pharmacyclics, Inc. (a)	4,032		29,958
Pharmion Corp. (a)	5,030		87,371
PRAECIS Pharmaceuticals, Inc. (a)	1,750		6,878
Progenics Pharmaceuticals, Inc. (a)	2,119		56,090
Protein Design Labs, Inc. (a)	31,187		868,558
Regeneron Pharmaceuticals, Inc. (a)	12,628		141,055
Renovis, Inc. (a)	8,456		134,112
Repligen Corp. (a)	5,105		15,111
Rigel Pharmaceuticals, Inc. (a)	7,216		158,175
Sangamo Biosciences, Inc. (a)	1,300		5,135
Savient Pharmaceuticals, Inc. (a)	6,200		23,188
SciClone Pharmaceuticals, Inc. (a)	6,560		25,715
Seattle Genetics, Inc. (a)	6,835		33,970
Sequenom, Inc. (a)	7,440		6,622
Serologicals Corp. (a)	14,917		299,533
Sirna Therapeutics, Inc. (a)	9,506		33,746
Solexa, Inc. (a)	50		440
Sonus Pharmaceuticals, Inc. (a)	200		878
StemCells, Inc. (a)	6,132		25,754
Tanox, Inc. (a)	5,060		84,047
Tapestry Pharmaceuticals, Inc. (a)	6,300		1,953
Targeted Genetics Corp. (a)	2,723		1,634
Techne Corp. (a)	8,507		470,097
Telik, Inc. (a)	11,107		186,375
Theravance, Inc. (a)	8,600		180,428
Third Wave Technologies, Inc. (a)	7,202		19,733
Titan Pharmaceuticals, Inc. (a)	1,300		1,963
Transgenomic, Inc. (a)	1,800		1,836
Trimeris, Inc. (a)	2,400		26,256
United Therapeutics Corp. (a)	3,755		268,220
Vertex Pharmaceuticals, Inc. (a)	20,829		531,140
Vical, Inc. (a)	1,900		9,785
Vion Pharmaceuticals, Inc. (a)	4,500		8,325
Viragen, Inc. (a)	1,410		663
ViroPharma, Inc. (a)	4,741		82,825
XOMA Ltd. (a)	11,000		18,810
Zymogenetics, Inc. (a)	13,884		222,838
			73,304,502
Health Care Equipment & Supplies - 2.2%
Abaxis, Inc. (a)	4,040		67,024
Abiomed, Inc. (a)	4,599		40,195
Advanced Medical Optics, Inc. (a)	15,398		653,029
Aksys Ltd. (a)	2,300		2,139
Align Technology, Inc. (a)	12,048		83,372
American Medical Systems Holdings, Inc. (a)	23,426		431,038
Analogic Corp.	2,200		105,512
Animas Corp. (a)	9,372		159,605
Arrow International, Inc.	6,467		192,911
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
ArthroCare Corp. (a)	3,607		$137,968
Aspect Medical Systems, Inc. (a)	4,015		151,245
Atrion Corp.	200		13,150
Bausch & Lomb, Inc.	11,293		917,669
Baxter International, Inc.	145,236		5,648,228
Beckman Coulter, Inc.	13,423		747,527
Becton, Dickinson & Co.	55,348		3,222,914
Bio-Rad Laboratories, Inc. Class A (a)	322		18,811
BioLase Technology, Inc. (a)	3,357		21,552
Biomet, Inc.	58,229		2,074,117
Biosite, Inc. (a)	5,103		300,975
BioVeris Corp. (a)	5,668		26,980
Boston Scientific Corp. (a)	145,720		3,858,666
Bruker BioSciences Corp. (a)	12,425		61,752
C.R. Bard, Inc.	24,286		1,575,433
Candela Corp. (a)	4,492		64,685
Cantel Medical Corp. (a)	9,146		167,463
Cardiac Science Corp. (a)	1,171		10,984
Cardiodynamics International Corp. (a)	8,210		8,538
Cardiogenesis Corp. (a)	300		132
Cerus Corp. (a)	3,000		26,820
Cholestech Corp. (a)	2,955		28,013
Clarient, Inc. (a)	3,500		4,375
Conceptus, Inc. (a)	3,357		51,933
CONMED Corp. (a)	4,900		110,691
Conor Medsystems, Inc.	21,392		422,920
Cooper Companies, Inc.	9,133		500,488
Curon Medical, Inc. (a)	9,985		3,994
Cyberonics, Inc. (a)	3,730		105,223
Cygnus, Inc. (a)	12,300		0
Cytyc Corp. (a)	27,272		750,253
Dade Behring Holdings, Inc.	20,550		840,290
Datascope Corp.	2,900		101,790
DENTSPLY International, Inc.	15,752		876,284
Diagnostic Products Corp.	5,861		266,969
DiaSys Corp. (a)	2,600		338
Dionex Corp. (a)	3,300		155,859
DJ Orthopedics, Inc. (a)	6,919		215,596
Edwards Lifesciences Corp. (a)	12,817		512,552
Encore Medical Corp. (a)	8,288		43,761
Epix Pharmaceuticals, Inc. (a)	3,458		17,048
Exactech, Inc. (a)	2,290		29,495
Fisher Scientific International, Inc. (a)	30,038		1,936,850
Fonar Corp. (a)	20,925		19,042
Foxhollow Technologies, Inc. (a)	2,656		115,642
Gen-Probe, Inc. (a)	12,054		556,533
Greatbatch, Inc. (a)	3,200		92,736
Guidant Corp.	77,484		4,779,213
Haemonetics Corp. (a)	7,964		407,199
Hillenbrand Industries, Inc.	12,334		599,432
Hologic, Inc. (a)	3,770		267,934
	Shares		Value
Hospira, Inc. (a)	34,107		$1,505,824
I-Flow Corp. (a)	9,419		123,483
ICU Medical, Inc. (a)	2,550		91,749
IDEXX Laboratories, Inc. (a)	7,417		530,686
Immucor, Inc. (a)	11,980		296,745
Implant Sciences Corp. (a)	200		814
INAMED Corp. (a)	8,339		699,142
Integra LifeSciences Holdings Corp. (a)	4,000		146,160
Intermagnetics General Corp. (a)	4,575		152,988
IntraLase Corp. (a)	656		11,355
Intuitive Surgical, Inc. (a)	10,288		1,149,375
Invacare Corp.	4,954		169,229
Inverness Medical Innovations, Inc. (a)	10,197		244,728
IRIS International, Inc. (a)	7,093		174,984
IVAX Diagnostics, Inc. (a)	3,600		13,320
Kensey Nash Corp. (a)	1,410		32,275
Kewaunee Scientific Corp.	1,601		14,761
Kinetic Concepts, Inc. (a)	11,653		453,884
Kyphon, Inc. (a)	9,116		387,339
Laserscope, Inc. (a)	3,916		84,272
LifeCell Corp. (a)	5,000		91,900
Med-Design Corp. (a)	2,700		1,701
Medical Action Industries, Inc. (a)	2,800		52,836
Medtronic, Inc.	288,755		16,046,115
Mentor Corp.	7,200		350,928
Merit Medical Systems, Inc. (a)	3,204		41,011
Micro Therapeutics, Inc. (a)	5,700		35,454
Microtek Medical Holdings, Inc. (a)	9,444		35,037
Millipore Corp. (a)	14,628		934,144
Molecular Devices Corp. (a)	2,702		72,549
Neogen Corp. (a)	1,625		32,643
Neoprobe Corp. (a)	100		26
New Brunswick Scientific, Inc. (a)	3,243		21,015
North American Scientific, Inc. (a)	2,705		6,330
Novoste Corp. (a)	851		2,213
NuVasive, Inc. (a)	299		5,143
OraSure Technologies, Inc. (a)	3,529		47,853
Osteotech, Inc. (a)	2,870		10,332
Palomar Medical Technologies, Inc. (a)	9,049		307,937
PerkinElmer, Inc.	23,696		540,506
PLC Systems, Inc. (a)	400		192
PolyMedica Corp.	4,741		179,968
Possis Medical, Inc. (a)	3,100		31,000
Precision Optics Corp., Inc. (a)	650		254
Quidel Corp. (a)	6,286		87,753
Regeneration Technologies, Inc. (a)	2,516		20,656
ResMed, Inc. (a)	13,204		538,723
Respironics, Inc. (a)	15,526		600,546
Retractable Technologies, Inc. (a)	5,112		21,368
Sonic Innovations, Inc. (a)	3,300		12,045
SonoSite, Inc. (a)	1,170		43,945
St. Jude Medical, Inc. (a)	90,501		4,323,233
Staar Surgical Co. (a)	3,331		18,987
Steris Corp.	15,648		393,078
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Equipment & Supplies - continued
Strategic Diagnostics, Inc. (a)	3,100		$10,230
Stryker Corp.	63,165		2,735,045
SurModics, Inc. (a)	2,500		98,025
Sybron Dental Specialties, Inc. (a)	7,841		342,965
Symmetry Medical, Inc.	11,788		216,546
Synovis Life Technologies, Inc. (a)	1,000		8,140
Theragenics Corp. (a)	1,300		3,952
Thermo Electron Corp. (a)	37,424		1,154,530
Thoratec Corp. (a)	7,700		157,465
TriPath Imaging, Inc. (a)	4,200		25,872
Urologix, Inc. (a)	3,800		16,492
Varian Medical Systems, Inc. (a)	32,759		1,664,812
Varian, Inc. (a)	8,355		350,576
Vasomedical, Inc. (a)	14,900		6,258
Ventana Medical Systems, Inc. (a)	9,905		381,442
Viasys Healthcare, Inc. (a)	4,892		133,552
Vital Signs, Inc.	1,338		63,863
Waters Corp. (a)	27,611		1,083,180
West Pharmaceutical Services, Inc.	12,289		306,856
Wright Medical Group, Inc. (a)	4,700		91,133
Young Innovations, Inc.	2,100		76,524
Zimmer Holdings, Inc. (a)	62,863		3,939,624
Zoll Medical Corp. (a)	1,593		41,434
			78,701,937
Health Care Providers & Services - 3.0%
A.D.A.M., Inc. (a)	1,800		12,132
Accelrys, Inc. (a)	4,164		33,728
Aetna, Inc.	70,413		6,512,498
Alliance Imaging, Inc. (a)	4,463		24,814
Allscripts Healthcare Solutions, Inc. (a)	3,266		43,764
Amedisys, Inc. (a)	5,851		259,667
American Healthways, Inc. (a)	9,126		405,286
American Retirement Corp. (a)	17,881		440,230
AMERIGROUP Corp. (a)	9,870		184,174
AmerisourceBergen Corp.	24,562		1,973,557
AMICAS, Inc. (a)	8,154		38,732
AMN Healthcare Services, Inc. (a)	4,609		87,801
AmSurg Corp. (a)	5,619		135,474
Andrx Corp. (a)	16,643		296,079
Apria Healthcare Group, Inc. (a)	11,154		272,827
Beverly Enterprises, Inc. (a)	17,069		203,462
BioScrip, Inc. (a)	7,133		63,626
BriteSmile, Inc. (a)	465		242
Cardinal Health, Inc.	102,224		6,537,225
Caremark Rx, Inc. (a)	109,723		5,638,665
Centene Corp. (a)	13,046		313,234
Cerner Corp. (a)	6,757		651,375
Chemed Corp. New	9,456		479,419
CIGNA Corp.	32,601		3,668,265
Claimsnet.com, Inc. (a)	3,100		434
Community Health Systems, Inc. (a)	18,582		744,952
	Shares		Value
Computer Programs & Systems, Inc.	2,132		$85,834
Corvel Corp. (a)	1,652		26,762
Covance, Inc. (a)	14,270		678,396
Coventry Health Care, Inc. (a)	36,517		2,175,318
Cross Country Healthcare, Inc. (a)	5,888		108,810
Cryolife, Inc. (a)	3,671		13,950
Curative Health Services, Inc. (a)	2,132		1,386
DaVita, Inc. (a)	21,556		1,131,474
Dendrite International, Inc. (a)	6,077		114,491
Dialysis Corp. of America (a)	2,516		28,934
Eclipsys Corp. (a)	6,205		111,256
Emdeon Corp. (a)	70,089		536,181
eResearchTechnology, Inc. (a)	7,105		91,939
Express Scripts, Inc. (a)	29,824		2,518,935
Five Star Quality Care, Inc. (a)	325		2,360
Genesis HealthCare Corp. (a)	8,848		372,058
Gentiva Health Services, Inc. (a)	7,227		118,595
Hanger Orthopedic Group, Inc. (a)	2,863		18,123
HCA, Inc.	109,207		5,568,465
Health Management Associates, Inc. Class A	54,767		1,282,643
Health Net, Inc. (a)	26,128		1,333,312
HealthExtras, Inc. (a)	5,684		128,572
HealthTronics, Inc. (a)	6,799		49,905
Henry Schein, Inc. (a)	17,888		762,923
HMS Holdings Corp. (a)	400		3,020
Hooper Holmes, Inc.	6,105		17,827
Humana, Inc. (a)	41,872		1,918,994
IDX Systems Corp. (a)	4,961		216,647
IMS Health, Inc.	49,674		1,214,529
Kindred Healthcare, Inc. (a)	6,240		173,035
Laboratory Corp. of America Holdings (a)	27,444		1,424,069
LCA-Vision, Inc.	2,400		114,552
Lifeline Systems, Inc. (a)	3,400		120,802
LifePoint Hospitals, Inc. (a)	12,602		479,506
Lincare Holdings, Inc. (a)	25,768		1,106,220
Magellan Health Services, Inc. (a)	6,443		188,264
Manor Care, Inc.	17,936		707,216
Matria Healthcare, Inc. (a)	3,600		122,148
McKesson Corp.	64,552		3,246,966
Medcath Corp. (a)	3,100		60,264
Medco Health Solutions, Inc. (a)	72,731		3,902,018
Medical Staffing Network Holdings, Inc. (a)	4,000		22,080
Merge Technologies, Inc. (a)	9,500		271,130
Molina Healthcare, Inc. (a)	2,918		77,911
National Healthcare Corp.	2,005		75,248
NDCHealth Corp.	9,190		173,140
Odyssey Healthcare, Inc. (a)	5,400		100,008
Omnicare, Inc.	23,064		1,313,495
Omnicell, Inc. (a)	1,700		16,966
Option Care, Inc.	6,289		78,801
Owens & Minor, Inc.	11,045		313,236
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Health Care Providers & Services - continued
PacifiCare Health Systems, Inc. (a)	19,260		$1,657,130
PAREXEL International Corp. (a)	4,700		96,679
Patterson Companies, Inc. (a)	25,710		898,307
PDI, Inc. (a)	1,330		16,652
Pediatrix Medical Group, Inc. (a)	4,263		360,479
Per-Se Technologies, Inc. (a)	8,579		196,288
Pharmaceutical Product Development, Inc.	10,413		606,974
PRA International	5,097		141,391
ProxyMed, Inc. (a)	63		287
PSS World Medical, Inc. (a)	12,500		205,875
Psychiatric Solutions, Inc. (a)	6,886		388,508
Quest Diagnostics, Inc.	32,768		1,641,349
RehabCare Group, Inc. (a)	2,600		50,336
Renal Care Group, Inc. (a)	14,179		665,704
ResCare, Inc. (a)	2,400		41,544
Rural/Metro Corp. (a)	6,200		54,870
SFBC International, Inc. (a)	4,652		98,111
Sierra Health Services, Inc. (a)	7,358		575,543
Specialty Laboratories, Inc. (a)	4,100		53,997
SRI/Surgical Express, Inc. (a)	900		5,400
Sunrise Senior Living, Inc. (a)	7,522		251,235
Symbion, Inc. (a)	10,712		286,974
Tenet Healthcare Corp. (a)	116,486		910,921
Triad Hospitals, Inc. (a)	19,069		813,484
Tripos, Inc. (a)	2,100		6,405
TriZetto Group, Inc. (a)	14,245		231,481
U.S. Physical Therapy, Inc. (a)	2,575		50,959
United Surgical Partners International, Inc. (a)	10,744		372,924
UnitedHealth Group, Inc.	298,411		17,862,882
Universal Health Services, Inc. Class B	10,290		493,097
VCA Antech, Inc. (a)	17,470		488,461
Ventiv Health, Inc. (a)	4,733		116,716
VistaCare, Inc. Class A (a)	2,867		39,565
Wellcare Health Plans, Inc. (a)	6,400		252,672
WellChoice, Inc. (a)	6,291		487,238
WellPoint, Inc. (a)	143,409		11,018,113
			105,178,927
Pharmaceuticals - 4.9%
Abbott Laboratories	372,246		14,037,397
Acusphere, Inc. (a)	2,800		13,720
Adolor Corp. (a)	4,908		71,510
Advancis Pharmaceutical Corp. (a)	2,800		3,668
Allergan, Inc.	30,165		3,016,500
Alpharma, Inc. Class A	11,537		304,808
American Pharmaceutical Partners, Inc. (a)	7,436		282,717
Atherogenics, Inc. (a)	5,741		86,058
AVANIR Pharmaceuticals Class A (a)	4,197		11,794
	Shares		Value
Barr Pharmaceuticals, Inc. (a)	20,280		$1,163,058
Bentley Pharmaceuticals, Inc. (a)	2,459		44,041
Bradley Pharmaceuticals, Inc. (a)	1,679		20,904
Bristol-Myers Squibb Co.	462,750		9,990,773
CNS., Inc.	6,781		155,963
Collagenex Pharmaceuticals, Inc. (a)	2,200		21,472
Columbia Laboratories, Inc. (a)	6,021		22,639
Connetics Corp. (a)	5,182		68,713
Cypress Bioscience, Inc. (a)	2,737		15,464
DepoMed, Inc. (a)	6,847		41,150
Discovery Laboratories, Inc. (a)	3,800		25,536
Durect Corp. (a)	8,100		42,444
Eli Lilly & Co.	227,762		11,501,981
Emisphere Technologies, Inc. (a)	3,300		15,477
Endo Pharmaceuticals Holdings, Inc. (a)	21,362		639,151
First Horizon Pharmaceutical Corp. (a)	5,254		92,575
Forest Laboratories, Inc. (a)	81,320		3,177,172
Hi-Tech Pharmacal Co., Inc. (a)	1,125		42,986
Hollis-Eden Pharmaceuticals, Inc. (a)	1,300		6,968
Immtech International, Inc. (a)	1,200		9,540
Inspire Pharmaceuticals, Inc. (a)	14,671		106,218
IVAX Corp. (a)	48,890		1,464,744
Johnson & Johnson	699,068		43,167,449
King Pharmaceuticals, Inc. (a)	70,558		1,109,877
Kos Pharmaceuticals, Inc. (a)	6,000		399,480
KV Pharmaceutical Co. Class A (a)	7,618		150,836
Matrixx Initiatives, Inc. (a)	3,106		67,587
Medicines Co. (a)	11,081		202,450
Medicis Pharmaceutical Corp. Class A	12,693		405,034
Merck & Co., Inc.	521,952		15,345,389
MGI Pharma, Inc. (a)	16,692		329,500
Mylan Laboratories, Inc.	52,568		1,098,146
NitroMed, Inc. (a)	5,916		96,076
Noven Pharmaceuticals, Inc. (a)	3,292		44,475
Pain Therapeutics, Inc. (a)	2,439		17,634
Par Pharmaceutical Companies, Inc. (a)	7,763		206,573
Penwest Pharmaceuticals Co. (a)	2,797		47,409
Perrigo Co.	23,511		340,910
Pfizer, Inc.	1,756,797		37,244,096
Pharmos Corp. (a)	2,500		5,000
Pozen, Inc. (a)	2,637		26,818
Salix Pharmaceuticals Ltd. (a)	11,995		232,343
Santarus, Inc. (a)	12,251		73,506
Schering-Plough Corp.	360,975		6,974,037
Sepracor, Inc. (a)	25,228		1,387,035
Spectrum Pharmaceuticals, Inc. (a)	192		795
SuperGen, Inc. (a)	5,699		31,914
Valeant Pharmaceuticals International	17,693		291,581
Vivus, Inc. (a)	7,556		24,784
Watson Pharmaceuticals, Inc. (a)	27,911		931,111
Common Stocks - continued
	Shares		Value
HEALTH CARE - continued
Pharmaceuticals - continued
Wyeth	313,585		$13,032,593
Zila, Inc. (a)	4,200		14,070
			169,795,649
TOTAL HEALTH CARE			426,981,015
INDUSTRIALS - 10.5%
Aerospace & Defense - 1.8%
AAR Corp. (a)	5,766		120,740
AeroCentury Corp. (a)	800		2,416
Alliant Techsystems, Inc. (a)	8,470		642,704
Applied Signal Technology, Inc.	1,900		34,143
Armor Holdings, Inc. (a)	6,884		302,139
Astronics Corp. (a)	2,300		24,035
Aviall, Inc. (a)	8,724		267,827
BE Aerospace, Inc. (a)	13,931		244,071
Ceradyne, Inc. (a)	3,330		156,810
Cubic Corp.	4,719		83,479
Curtiss-Wright Corp.	6,106		357,812
DHB Industries, Inc. (a)	8,958		37,444
DRS Technologies, Inc.	7,954		392,928
Ducommun, Inc. (a)	2,600		53,274
EDO Corp.	3,300		87,879
Engineered Support Systems, Inc.	11,064		447,096
Esterline Technologies Corp. (a)	8,006		329,127
GenCorp, Inc. (non-vtg.) (a)	8,900		162,514
General Dynamics Corp.	39,845		4,554,284
Goodrich Corp.	27,167		1,046,473
Heico Corp. Class A	4,932		89,023
Herley Industries, Inc. (a)	3,031		49,921
Hexcel Corp. (a)	10,048		167,098
Honeywell International, Inc.	186,951		6,831,190
Irvine Sensors Corp. (a)	430		933
Kaman Corp. Class A	3,803		73,056
KVH Industries, Inc. (a)	1,539		14,713
L-3 Communications Holdings, Inc.	29,426		2,192,237
Ladish Co., Inc. (a)	4,837		99,159
Lockheed Martin Corp.	84,008		5,090,885
Moog, Inc. Class A (a)	6,493		190,180
MTC Technologies, Inc. (a)	2,500		81,925
Northrop Grumman Corp.	84,782		4,863,943
Orbital Sciences Corp. (a)	7,700		92,862
Precision Castparts Corp.	27,920		1,423,641
Raytheon Co.	104,749		4,024,457
Rockwell Collins, Inc.	40,140		1,834,398
Sequa Corp. Class A (a)	3,474		219,557
Sypris Solutions, Inc.	2,700		29,835
Teledyne Technologies, Inc. (a)	8,359		273,674
The Boeing Co.	173,950		11,861,651
Triumph Group, Inc. (a)	5,105		193,735
	Shares		Value
United Industrial Corp.	3,200		$139,040
United Technologies Corp.	226,547		12,197,290
			61,381,598
Air Freight & Logistics - 0.7%
ABX Air, Inc. (a)	14,266		106,995
C.H. Robinson Worldwide, Inc.	49,571		2,005,147
EGL, Inc. (a)	7,073		262,691
Expeditors International of Washington, Inc.	30,299		2,151,532
FedEx Corp.	66,309		6,473,085
Forward Air Corp.	5,850		224,933
Hub Group, Inc. Class A (a)	7,324		296,988
Pacer International, Inc.	6,536		172,746
Ryder System, Inc.	15,494		657,410
United Parcel Service, Inc. Class B	131,789		10,266,363
UTI Worldwide, Inc.	8,445		821,614
			23,439,504
Airlines - 0.1%
AirTran Holdings, Inc. (a)	17,335		260,372
Alaska Air Group, Inc. (a)	3,800		133,874
AMR Corp. (a)	28,439		480,335
Continental Airlines, Inc. Class B (a)	17,076		265,873
ExpressJet Holdings, Inc. Class A (a)	6,752		58,877
Frontier Airlines, Inc. (a)	5,731		46,765
Great Lakes Aviation Ltd. (a)	200		180
JetBlue Airways Corp. (a)	21,380		394,247
MAIR Holdings, Inc. (a)	5,296		25,103
Mesa Air Group, Inc. (a)	6,156		63,284
Midwest Air Group, Inc. (a)	400		1,344
Pinnacle Airlines Corp. (a)	9,920		68,944
Republic Airways Holdings, Inc. (a)	12,142		176,423
SkyWest, Inc.	12,324		366,023
Southwest Airlines Co.	165,969		2,738,489
UAL Corp. (a)	10,300		6,180
US Airways Group, Inc. (a)	5,987		201,103
			5,287,416
Building Products - 0.2%
Aaon, Inc. (a)	2,245		38,210
American Standard Companies, Inc.	39,346		1,498,296
American Woodmark Corp.	2,800		71,736
Ameron International Corp.	600		26,970
Apogee Enterprises, Inc.	6,451		99,797
Armstrong Holdings, Inc. (a)	6,800		12,852
ElkCorp	9,004		307,757
Griffon Corp. (a)	5,280		128,621
International Smart Sourcing, Inc. (a)	2,500		675
Jacuzzi Brands, Inc. (a)	13,065		105,435
Lennox International, Inc.	18,781		548,593
Masco Corp.	102,616		3,054,878
NCI Building Systems, Inc. (a)	3,382		147,286
Owens Corning (a)	3,370		10,616
Patrick Industries, Inc. (a)	600		6,450
PW Eagle, Inc. (a)	700		13,118
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Building Products - continued
Quixote Corp.	700		$14,875
Simpson Manufacturing Co. Ltd.	7,308		299,482
Trex Co., Inc. (a)	1,400		32,018
Universal Forest Products, Inc.	2,769		159,107
USG Corp. (a)	6,027		368,852
Water Pik Technologies, Inc. (a)	2,441		50,919
York International Corp.	8,938		503,120
			7,499,663
Commercial Services & Supplies - 1.1%
Ablest, Inc. (a)	1,000		8,260
ABM Industries, Inc.	7,481		161,216
ACCO Brands Corp. (a)	10,591		244,123
Adesa, Inc.	20,108		479,174
Administaff, Inc.	4,813		216,826
Advisory Board Co. (a)	2,400		115,968
Allied Waste Industries, Inc. (a)	55,202		464,249
Angelica Corp.	2,100		29,043
APAC Customer Services, Inc. (a)	4,300		6,407
Aramark Corp. Class B	30,440		789,005
Avery Dennison Corp.	21,046		1,237,294
Banta Corp.	6,386		322,493
Barrett Business Services, Inc. (a)	2,100		52,920
Bowne & Co., Inc.	5,206		76,997
Brady Corp. Class A	11,908		446,312
Butler International, Inc. (a)	1,300		3,835
Casella Waste Systems, Inc. Class A (a)	2,426		29,694
CBIZ, Inc. (a)	8,370		52,396
CDI Corp.	5,992		169,214
Cendant Corp.	257,377		4,573,589
Central Parking Corp.	6,193		86,640
Cenveo, Inc. (a)	2,267		29,267
ChoicePoint, Inc. (a)	19,249		832,134
Cintas Corp.	35,629		1,593,329
Clean Harbors, Inc. (a)	3,500		101,010
Coinstar, Inc. (a)	2,900		70,470
Comsys IT Partners, Inc. (a)	36		450
Consolidated Graphics, Inc. (a)	2,700		138,213
Copart, Inc. (a)	16,143		406,481
Cornell Companies, Inc. (a)	1,400		19,838
Corporate Executive Board Co.	9,313		805,668
Corrections Corp. of America (a)	8,596		381,920
CoStar Group, Inc. (a)	4,571		214,563
CRA International, Inc. (a)	1,135		50,530
Deluxe Corp.	13,718		444,875
DiamondCluster International, Inc. (a)	5,700		36,138
Dun & Bradstreet Corp. (a)	18,103		1,176,695
Duratek, Inc. (a)	4,075		66,871
Ennis, Inc.	3,703		65,728
Equifax, Inc.	28,539		1,093,044
First Consulting Group, Inc. (a)	4,925		28,811
FTI Consulting, Inc. (a)	14,757		418,509
	Shares		Value
G&K Services, Inc. Class A	3,800		$145,692
GP Strategies Corp. (a)	1,600		11,440
Healthcare Services Group, Inc.	3,825		81,281
Heidrick & Struggles International, Inc. (a)	7,564		249,990
Herman Miller, Inc.	15,241		466,222
HNI Corp.	11,326		569,585
Hudson Highland Group, Inc. (a)	5,794		146,299
Huron Consulting Group, Inc. (a)	656		15,652
ICT Group, Inc. (a)	3,827		61,309
IKON Office Solutions, Inc.	21,477		216,059
Innotrac Corp. (a)	1,400		9,310
Integrated Alarm Services Group, Inc. (a)	3,200		10,080
Intersections, Inc. (a)	7,390		66,806
John H. Harland Co.	4,600		173,880
Kelly Services, Inc. Class A (non-vtg.)	5,329		148,146
Kforce, Inc. (a)	4,757		59,034
Knoll, Inc.	15,011		249,783
Korn/Ferry International (a)	13,581		233,865
Labor Ready, Inc. (a)	13,122		289,734
Learning Tree International, Inc. (a)	3,200		43,264
LECG Corp. (a)	9,531		155,737
Manpower, Inc.	21,090		979,631
McGrath RentCorp.	5,000		142,950
Mine Safety Appliances Co.	6,300		244,503
Mobile Mini, Inc. (a)	2,300		115,000
Monster Worldwide, Inc. (a)	22,419		872,099
Navigant Consulting, Inc. (a)	11,277		230,164
NCO Group, Inc. (a)	4,192		72,270
On Assignment, Inc. (a)	4,700		51,935
PHH Corp. (a)	10,301		297,287
PICO Holdings, Inc. (a)	3,600		121,536
Pitney Bowes, Inc.	52,403		2,183,109
Portfolio Recovery Associates, Inc. (a)	10,495		402,168
PRG-Schultz International, Inc. (a)	9,350		8,509
Protection One, Inc. (a)	91		1,570
Providence Service Corp. (a)	1,000		29,220
R.R. Donnelley & Sons Co.	50,666		1,732,777
RCM Technologies, Inc. (a)	1,400		8,358
RemedyTemp, Inc. Class A (a)	900		6,939
Republic Services, Inc.	24,342		872,661
Resources Connection, Inc. (a)	15,094		438,330
Robert Half International, Inc.	40,201		1,538,090
Rollins, Inc.	16,860		343,101
Schawk, Inc. Class A	4,100		75,809
School Specialty, Inc. (a)	5,318		195,915
Sirva, Inc. (a)	4,254		32,926
SITEL Corp. (a)	5,091		15,629
SOURCECORP, Inc. (a)	2,700		70,362
Spherion Corp. (a)	10,409		102,008
Spherix, Inc. (a)	2,713		3,554
Standard Register Co.	6,200		91,884
Steelcase, Inc. Class A	15,726		232,588
Stericycle, Inc. (a)	8,694		533,116
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Commercial Services & Supplies - continued
TeamStaff, Inc. (a)	1,300		$1,625
Teletech Holdings, Inc. (a)	8,551		106,289
Tetra Tech, Inc. (a)	7,506		117,094
The Brink's Co.	11,635		537,072
The Geo Group, Inc. (a)	2,100		51,345
TRC Companies, Inc. (a)	3,000		34,710
TRM Corp. (a)	1,400		9,968
United Stationers, Inc. (a)	7,439		364,511
Venture Catalyst, Inc. (a)	3,800		3,420
Viad Corp.	4,398		133,919
Volt Information Sciences, Inc. (a)	1,400		27,566
Waste Connections, Inc. (a)	10,034		349,585
Waste Management, Inc.	122,720		3,670,555
Watson Wyatt & Co. Holdings Class A	11,347		305,461
West Corp. (a)	5,736		227,547
			38,930,032
Construction & Engineering - 0.2%
Comfort Systems USA, Inc.	9,831		92,313
EMCOR Group, Inc. (a)	2,800		198,100
Fluor Corp.	17,649		1,307,791
Foster Wheeler Ltd. (a)	15,494		539,656
Granite Construction, Inc.	6,211		230,552
Infrasource Services, Inc. (a)	15,523		182,085
Insituform Technologies, Inc. Class A (a)	4,200		83,454
Integrated Electrical Services, Inc. (a)	6,433		3,538
Jacobs Engineering Group, Inc. (a)	11,181		726,430
McDermott International, Inc. (a)	13,388		560,422
Perini Corp. (a)	11,677		300,800
Quanta Services, Inc. (a)	15,963		225,876
Shaw Group, Inc. (a)	18,562		536,256
URS Corp. (a)	9,893		416,693
Washington Group International, Inc. (a)	12,394		640,894
			6,044,860
Electrical Equipment - 0.5%
A.O. Smith Corp.	4,181		151,645
Active Power, Inc. (a)	8,800		30,712
Acuity Brands, Inc.	9,712		301,946
Alpine Group, Inc. (a)	4,900		11,760
American Power Conversion Corp.	43,748		980,393
American Superconductor Corp. (a)	3,000		24,450
AMETEK, Inc.	14,338		610,942
Arotech Corp. (a)	6,700		2,613
Artesyn Technologies, Inc. (a)	7,688		76,726
Ault, Inc. (a)	2,800		5,824
AZZ, Inc. (a)	1,200		23,232
Baldor Electric Co.	9,962		255,924
Beacon Power Corp. (a)	362		641
C&D Technologies, Inc.	4,438		32,841
Capstone Turbine Corp. (a)	13,000		44,070
	Shares		Value
Channell Commercial Corp. (a)	800		$4,200
Chase Corp.	500		7,200
Cooper Industries Ltd. Class A	25,902		1,884,111
Distributed Energy Systems Corp. (a)	2,200		20,394
Emerson Electric Co.	96,723		7,313,226
Encore Wire Corp. (a)	6,900		164,289
Ener1, Inc. (a)	35,600		13,528
Energy Conversion Devices, Inc. (a)	12,584		369,340
EnerSys (a)	705		10,194
Espey Manufacturing & Electronics Corp.	623		24,982
Evergreen Solar, Inc. (a)	1,700		20,417
Fiberstars, Inc. (a)	3,300		32,604
Franklin Electric Co., Inc.	2,800		119,000
FuelCell Energy, Inc. (a)	16,057		135,361
General Cable Corp. (a)	10,654		193,370
Genlyte Group, Inc. (a)	4,600		242,420
Global Power Equipment Group, Inc. (a)	4,500		21,015
GrafTech International Ltd. (a)	17,313		113,227
Hubbell, Inc. Class B	11,737		569,362
II-VI, Inc. (a)	1,868		35,735
Lamson & Sessions Co. (a)	2,300		55,154
LSI Industries, Inc.	2,625		47,250
M-Wave, Inc. (a)	1,400		826
MagneTek, Inc. (a)	3,000		8,670
Medis Technologies Ltd. (a)	3,701		51,185
Merrimac Industries, Inc. (a)	500		4,525
Microvision, Inc. (a)	3,976		14,214
Millennium Cell, Inc. (a)	300		504
Misonix, Inc. (a)	3,000		14,970
Nortech Systems, Inc. (a)	1,634		9,641
Peco II, Inc. (a)	1,400		2,478
Plug Power, Inc. (a)	21,490		110,244
Powell Industries, Inc. (a)	3,100		59,458
Power-One, Inc. (a)	19,279		119,915
Regal-Beloit Corp.	15,704		554,194
Rockwell Automation, Inc.	38,964		2,198,739
Roper Industries, Inc.	19,448		766,251
SL Industries, Inc. (a)	2,100		33,600
Tech/Ops Sevcon, Inc.	2,100		12,012
Thomas & Betts Corp. (a)	13,947		558,438
Ultralife Batteries, Inc. (a)	600		7,812
UQM Technologies, Inc. (a)	3,800		14,250
Valence Technology, Inc. (a)	10,109		20,016
Valpey Fisher Corp. (a)	2,100		6,846
Vicor Corp.	4,243		68,864
Woodward Governor Co.	2,100		171,507
			18,759,257
Industrial Conglomerates - 3.4%
3M Co.	160,860		12,624,293
Carlisle Companies, Inc.	6,745		462,707
General Electric Co.	2,505,548		89,498,087
Raven Industries, Inc.	4,704		144,131
Standex International Corp.	5,500		152,570
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Industrial Conglomerates - continued
Teleflex, Inc.	9,203		$608,963
Textron, Inc.	25,267		1,993,566
Tredegar Corp.	4,428		55,350
Tyco International Ltd.	484,970		13,831,344
Walter Industries, Inc.	10,538		530,588
			119,901,599
Machinery - 1.6%
3D Systems Corp. (a)	2,100		37,359
A.S.V., Inc. (a)	1,524		38,130
Actuant Corp. Class A	5,852		310,449
AGCO Corp. (a)	16,634		281,614
Alamo Group, Inc.	200		4,220
Albany International Corp. Class A	4,700		179,211
American Science & Engineering, Inc. (a)	1,900		128,174
Astec Industries, Inc. (a)	4,700		131,741
Axsys Technologies, Inc. (a)	1,200		22,428
Badger Meter, Inc.	3,128		122,430
Barnes Group, Inc.	2,775		95,654
Briggs & Stratton Corp.	11,149		403,482
Bucyrus International, Inc. Class A	3,310		155,239
Cascade Corp.	3,079		155,951
Catalytica Energy Systems, Inc. (a)	7,900		8,453
Caterpillar, Inc.	160,861		9,294,549
Circor International, Inc.	727		18,938
CLARCOR, Inc.	12,266		363,932
Columbus McKinnon Corp. (NY Shares) (a)	400		8,392
Commercial Vehicle Group, Inc. (a)	16,593		328,375
Crane Co.	14,233		451,898
Cummins, Inc.	8,935		795,215
Danaher Corp.	59,392		3,296,256
Deere & Co.	57,192		3,966,265
Donaldson Co., Inc.	14,148		473,109
Dover Corp.	46,598		1,884,889
Eaton Corp.	40,202		2,561,671
EnPro Industries, Inc. (a)	4,331		124,949
ESCO Technologies, Inc. (a)	4,600		197,800
Federal Signal Corp.	12,853		210,018
Flanders Corp. (a)	8,338		84,547
Flow International Corp. (a)	600		5,070
Flowserve Corp. (a)	14,100		526,776
FreightCar America, Inc.	4,000		193,040
Gardner Denver, Inc. (a)	9,605		468,724
Gorman-Rupp Co.	250		5,685
Graco, Inc.	13,504		491,276
Greenbrier Companies, Inc.	2,743		74,747
Harsco Corp.	8,349		554,791
Hirsch International Corp. Class A (a)	900		1,116
IDEX Corp.	11,184		493,662
Illinois Tool Works, Inc.	56,895		5,022,122
Ingersoll-Rand Co. Ltd. Class A	77,624		3,076,239
	Shares		Value
ITT Industries, Inc.	25,125		$2,732,595
JLG Industries, Inc.	15,335		697,743
Joy Global, Inc.	16,425		868,718
Kadant, Inc. (a)	3,735		68,014
Kaydon Corp.	4,679		151,412
Kennametal, Inc.	8,784		481,275
Lincoln Electric Holdings, Inc.	6,346		258,980
Lindsay Manufacturing Co.	2,086		38,737
Manitowoc Co., Inc.	7,874		394,487
Middleby Corp. (a)	3,744		293,530
Milacron, Inc. (a)	2,759		3,504
Miller Industries, Inc. (a)	360		7,358
Mueller Industries, Inc.	9,020		244,171
NACCO Industries, Inc. Class A	2,373		277,878
Navistar International Corp. (a)	14,447		409,861
Nordson Corp.	5,600		222,992
Omega Flex, Inc. (a)	300		4,467
Oshkosh Truck Co.	15,708		705,760
PACCAR, Inc.	41,623		2,991,029
Pall Corp.	29,731		825,333
Parker Hannifin Corp.	28,301		1,936,071
Pentair, Inc.	25,292		966,154
Robbins & Myers, Inc.	2,641		55,989
SPX Corp.	16,354		769,946
Stewart & Stevenson Services, Inc.	5,320		109,060
Tecumseh Products Co. Class A (non-vtg.) (a)	3,000		66,960
Tennant Co.	1,661		77,934
Terex Corp. (a)	11,676		719,475
Timken Co.	19,136		592,833
Titan International, Inc.	600		10,344
Toro Co.	9,810		394,264
Trinity Industries, Inc.	11,264		469,033
Valmont Industries, Inc.	2,624		87,563
Wabash National Corp.	8,736		173,410
Wabtec Corp.	7,800		201,474
Watts Water Technologies, Inc. Class A	4,176		120,645
Wolverine Tube, Inc. (a)	200		1,032
			55,478,617
Marine - 0.0%
Alexander & Baldwin, Inc.	10,085		504,452
Genco Shipping & Trading Ltd.	633		10,938
Kirby Corp. (a)	3,400		180,880
			696,270
Road & Rail - 0.7%
AMERCO (a)	4,600		325,312
Arkansas Best Corp.	4,400		181,456
Burlington Northern Santa Fe Corp.	89,643		5,932,574
Celadon Group, Inc. (a)	1,628		45,112
CNF, Inc.	11,352		647,064
Covenant Transport, Inc. Class A (a)	2,400		27,912
CSX Corp.	49,446		2,405,053
Dollar Thrifty Automotive Group, Inc. (a)	3,800		142,500
Common Stocks - continued
	Shares		Value
INDUSTRIALS - continued
Road & Rail - continued
Florida East Coast Industries, Inc. Class A	6,673		$295,347
Genesee & Wyoming, Inc. Class A (a)	4,915		165,242
Heartland Express, Inc.	10,030		213,739
J.B. Hunt Transport Services, Inc.	26,580		595,126
Kansas City Southern (a)	15,715		392,404
Knight Transportation, Inc.	8,962		288,308
Laidlaw International, Inc.	20,547		444,226
Landstar System, Inc.	15,257		656,661
Marten Transport Ltd. (a)	2,812		75,052
Norfolk Southern Corp.	91,342		4,040,970
Old Dominion Freight Lines, Inc. (a)	2,859		108,671
Quality Distribution, Inc. (a)	633		3,874
RailAmerica, Inc. (a)	7,500		81,675
SCS Transportation, Inc. (a)	2,980		58,736
Swift Transportation Co., Inc. (a)	15,314		299,848
U.S. Xpress Enterprises, Inc. Class A (a)	600		9,120
Union Pacific Corp.	60,324		4,617,199
Werner Enterprises, Inc.	16,822		344,346
Yellow Roadway Corp. (a)	11,876		559,478
			22,957,005
Trading Companies & Distributors - 0.2%
Aceto Corp.	5,013		30,078
Applied Industrial Technologies, Inc.	4,650		148,568
Beacon Roofing Supply, Inc. (a)	6,299		171,459
Electro Rent Corp. (a)	2,200		30,756
Fastenal Co.	40,956		1,625,953
GATX Corp.	12,724		478,931
Hughes Supply, Inc.	12,958		501,993
Huttig Building Products, Inc. (a)	1,077		9,338
Interline Brands, Inc.	1,300		27,768
Lawson Products, Inc.	1,812		68,403
MSC Industrial Direct Co., Inc. Class A	13,695		535,338
NuCo2, Inc. (a)	700		19,684
Rush Enterprises, Inc. Class B (a)	7,363		105,806
UAP Holding Corp.	3,989		75,711
United Rentals, Inc. (a)	11,107		235,024
W.W. Grainger, Inc.	17,500		1,229,025
Watsco, Inc.	4,164		261,291
WESCO International, Inc. (a)	18,779		784,023
Willis Lease Finance Corp. (a)	1,200		10,560
			6,349,709
Transportation Infrastructure - 0.0%
Macquarie Infrastructure Co. Trust	6,073		186,441
TOTAL INDUSTRIALS			366,911,971
INFORMATION TECHNOLOGY - 15.5%
Communications Equipment - 2.5%
3Com Corp. (a)	104,920		379,810
ACE*COMM Corp. (a)	3,806		9,477
	Shares		Value
ADC Telecommunications, Inc. (a)	25,895		$529,035
Adtran, Inc.	12,978		383,630
Airnet Communications Corp. (a)	280		263
Alliance Fiber Optic Products, Inc. (a)	2,400		2,568
AltiGen Communications, Inc. (a)	3,200		4,736
Anaren, Inc. (a)	1,500		21,525
Andrew Corp. (a)	28,712		313,822
Applied Innovation, Inc. (a)	1,500		5,415
Arris Group, Inc. (a)	22,920		222,782
Avanex Corp. (a)	29,243		19,008
Avaya, Inc. (a)	109,060		1,299,995
Avici Systems, Inc. (a)	2,400		10,176
Avocent Corp. (a)	15,697		460,550
Aware, Inc. (a)	6,698		39,920
Bel Fuse, Inc. Class B (non-vtg.)	6,850		229,681
Belden CDT, Inc.	9,519		222,364
Black Box Corp.	2,700		126,117
Blonder Tongue Laboratories, Inc. (a)	3,900		7,527
C-COR, Inc. (a)	10,684		60,578
Carrier Access Corp. (a)	3,100		15,035
Centillium Communications, Inc. (a)	3,503		16,114
CIENA Corp. (a)	149,732		447,699
Cisco Systems, Inc. (a)	1,565,257		27,454,608
Cognitronics Corp. (a)	2,400		7,128
Comarco, Inc. (a)	450		3,861
CommScope, Inc. (a)	12,913		264,846
Communications Systems, Inc.	2,276		24,581
Comtech Telecommunications Corp. (a)	5,041		219,788
Comverse Technology, Inc. (a)	39,785		1,042,765
Corning, Inc. (a)	352,399		7,136,080
Digi International, Inc. (a)	4,395		56,608
Ditech Communications Corp. (a)	7,074		62,039
Dycom Industries, Inc. (a)	8,823		180,254
EFJ, Inc. (a)	99		966
EMS Technologies, Inc. (a)	1,860		31,546
Enterasys Networks, Inc. (a)	3,768		49,097
Entrada Networks, Inc. (a)	150		0
eOn Communications Corp. (a)	620		409
Extreme Networks, Inc. (a)	15,200		74,784
Ezenia!, Inc. (a)	200		490
F5 Networks, Inc. (a)	8,551		451,749
Finisar Corp. (a)	44,126		84,722
Foundry Networks, Inc. (a)	20,518		284,995
Glenayre Technologies, Inc. (a)	7,200		22,608
Globecomm Systems, Inc. (a)	3,000		19,500
Harmonic, Inc. (a)	16,262		89,278
Harris Corp.	33,375		1,487,858
Inter-Tel, Inc.	3,400		69,462
InterDigital Communication Corp. (a)	9,184		178,904
ION Networks, Inc. (a)	2,400		264
ISCO International, Inc. (a)	1,800		720
Ixia (a)	15,464		213,094
JDS Uniphase Corp. (a)	299,246		769,062
Juniper Networks, Inc. (a)	127,710		2,872,198
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Communications Equipment - continued
Lantronix, Inc. (a)	500		$790
Loral Space & Communications Ltd. (a)	4,101		33
Lucent Technologies, Inc. (a)	1,020,932		2,848,400
MasTec, Inc. (a)	7,936		78,328
Motorola, Inc.	581,673		14,012,503
MRV Communications, Inc. (a)	15,973		29,071
NETGEAR, Inc. (a)	3,400		65,620
Network Engines, Inc. (a)	2,300		2,829
Network Equipment Technologies, Inc. (a)	3,600		16,884
NMS Communications Corp. (a)	2,800		10,976
NumereX Corp. Class A (a)	2,600		13,078
Occam Networks, Inc. (a)	3,400		918
Oplink Communications, Inc. (a)	2,317		31,558
Optelecom Nkf, Inc. (a)	529		6,983
Optical Cable Corp. (a)	656		3,943
Optical Cable Corp. warrants 10/24/07 (a)	762		861
Optical Communication Products, Inc. (a)	5,795		13,618
Packeteer, Inc. (a)	4,410		40,572
Parkervision, Inc. (a)	900		7,434
PC-Tel, Inc. (a)	2,200		19,932
Performance Technologies, Inc. (a)	2,900		26,129
Plantronics, Inc.	11,092		306,361
Polycom, Inc. (a)	20,267		332,581
Powerwave Technologies, Inc. (a)	20,894		262,429
QUALCOMM, Inc.	388,037		17,644,042
Redback Networks, Inc. (a)	23,235		313,440
SafeNet, Inc. (a)	6,178		219,628
Science Dynamics Corp. (a)	4,100		254
Scientific-Atlanta, Inc.	37,208		1,574,643
SCM Microsystems, Inc. (a)	600		1,620
SeaChange International, Inc. (a)	4,650		35,759
Sonus Networks, Inc. (a)	47,050		193,376
SpectraLink Corp.	3,240		41,828
Stratex Networks, Inc. (a)	7,150		23,595
Stratos International, Inc. (a)	1,058		6,327
Sunrise Telecom, Inc.	4,200		7,392
Sycamore Networks, Inc. (a)	40,582		165,169
Symmetricom, Inc. (a)	7,753		67,916
Tekelec (a)	14,848		193,024
Tellabs, Inc. (a)	92,028		944,207
Telular Corp. (a)	2,100		6,657
Terabeam, Inc. (a)	610		1,586
Terayon Communication Systems, Inc. (a)	11,777		24,378
Tollgrade Communications, Inc. (a)	2,134		23,261
Tut Systems, Inc. (a)	1,301		3,981
UTStarcom, Inc. (a)	23,293		193,099
Veramark Technologies, Inc. (a)	2,300		1,150
Verilink Corp. (a)	3,400		2,825
ViaSat, Inc. (a)	3,963		109,577
Vyyo, Inc. (a)	1,133		6,322
	Shares		Value
Wave Wireless Corp. (a)	36		$6
Wegener Corp. (a)	3,500		5,005
Westell Technologies, Inc. Class A (a)	4,212		19,923
Wi-Tron, Inc. (a)	3,300		330
WJ Communications, Inc. (a)	3,700		5,106
Zhone Technologies, Inc. (a)	28,966		64,015
			88,013,363
Computers & Peripherals - 3.2%
ActivCard Corp. (a)	4,448		16,636
Adaptec, Inc. (a)	16,521		82,109
Advanced Digital Information Corp. (a)	13,177		138,359
Apple Computer, Inc. (a)	194,473		13,189,159
Astro-Med, Inc.	3,591		35,479
Avid Technology, Inc. (a)	9,430		476,026
Brocade Communications Systems, Inc. (a)	47,561		207,842
Concurrent Computer Corp. (a)	9,619		19,046
Cray, Inc. (a)	9,398		14,191
Crossroads Systems, Inc. (a)	5,525		4,807
Datalink Corp. (a)	2,200		7,678
Dataram Corp.	3,250		18,363
Dell, Inc. (a)	515,697		15,553,422
Diebold, Inc.	17,662		686,345
Dot Hill Systems Corp. (a)	4,870		32,239
Electronics for Imaging, Inc. (a)	12,121		338,540
EMC Corp. (a)	590,033		8,219,160
Emulex Corp. (a)	15,484		308,596
Exabyte Corp. (a)	10		12
FOCUS Enhancements, Inc. (a)	5,500		3,740
Gateway, Inc. (a)	64,248		195,314
Hauppauge Digital, Inc. (a)	500		2,055
Hewlett-Packard Co.	681,227		20,212,005
Hutchinson Technology, Inc. (a)	9,872		282,240
Hypercom Corp. (a)	7,777		48,217
Imation Corp.	8,261		363,154
InFocus Corp. (a)	5,400		20,196
Innovex, Inc. (a)	1,500		6,195
Intergraph Corp. (a)	6,049		290,473
International Business Machines Corp.	380,014		33,783,245
Interphase Corp. (a)	1,906		8,196
Iomega Corp. (a)	6,880		17,819
Komag, Inc. (a)	9,773		341,469
LaserCard Corp. (a)	1,984		21,030
Lexmark International, Inc. Class A (a)	29,461		1,402,933
Maxtor Corp. (a)	59,820		242,869
McDATA Corp. Class A (a)	21,601		78,628
Mobility Electronics, Inc. (a)	5,783		65,001
MTI Technology Corp. (a)	3,200		4,064
NCR Corp. (a)	40,098		1,361,327
Neoware Systems, Inc. (a)	1,939		42,406
Network Appliance, Inc. (a)	95,993		2,795,316
Novatel Wireless, Inc. (a)	5,888		80,195
Overland Storage, Inc. (a)	2,079		16,549
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Computers & Peripherals - continued
Palm, Inc. (a)	11,758		$333,692
Presstek, Inc. (a)	7,102		65,551
QLogic Corp. (a)	20,957		692,838
Quantum Corp. (a)	19,830		59,292
SanDisk Corp. (a)	47,318		2,416,057
SBS Technologies, Inc. (a)	3,482		35,865
Scan-Optics, Inc. (a)	300		3
Seagate Technology	85,593		1,619,420
SimpleTech, Inc. (a)	7,700		29,029
Socket Communications, Inc. (a)	3,300		4,082
Stratasys, Inc. (a)	1,507		35,731
Sun Microsystems, Inc. (a)	857,668		3,233,408
Synaptics, Inc. (a)	4,302		115,767
UNOVA, Inc. (a)	8,267		232,551
Video Display Corp.	2,880		39,053
ViewCast.com, Inc. (a)	13,700		3,425
VPGI Corp. (a)	825		50
Western Digital Corp. (a)	46,473		693,377
			110,641,836
Electronic Equipment & Instruments - 0.6%
Advanced Photonix, Inc. Class A (a)	5,286		13,426
Aeroflex, Inc. (a)	13,939		152,911
Aetrium, Inc. (a)	2,400		8,352
Agilent Technologies, Inc. (a)	120,276		4,289,042
Agilysys, Inc.	5,700		108,585
Allied Motion Technologies, Inc. (a)	4,100		15,785
American Technical Ceramics Corp. (a)	1,900		17,461
American Technology Corp. (a)	900		3,879
Amphenol Corp. Class A	18,869		788,158
Anixter International, Inc.	8,178		299,642
APA Enterprises, Inc. (a)	2,800		3,304
Applied Films Corp. (a)	2,037		40,801
Arrow Electronics, Inc. (a)	26,297		815,207
Avnet, Inc. (a)	26,274		591,165
AVX Corp.	10,198		139,713
Axcess, Inc. (a)	1,600		1,600
Bell Industries, Inc. (a)	7,200		19,080
Bell Microproducts, Inc. (a)	3,480		29,928
Benchmark Electronics, Inc. (a)	8,075		247,499
Benthos, Inc. (a)	2,454		42,332
Brightpoint, Inc. (a)	5,208		146,553
Broadcast International, Inc. (a)	270		810
CalAmp Corp. (a)	3,032		35,171
Cash Technologies, Inc. (a)	3,400		3,026
CDW Corp.	13,865		813,182
Checkpoint Systems, Inc. (a)	12,599		301,746
Chyron Corp. (a)	1,500		630
Cogent, Inc. (a)	6,390		150,932
Cognex Corp.	10,569		327,005
Coherent, Inc. (a)	13,105		413,987
Conolog Corp. (a)	140		129
	Shares		Value
CTS Corp.	5,303		$63,795
CyberOptics Corp. (a)	850		10,719
Daktronics, Inc.	2,379		64,471
Dolby Laboratories, Inc. Class A	15,205		259,245
DTS, Inc. (a)	1,697		24,573
Echelon Corp. (a)	4,379		36,127
Electro Scientific Industries, Inc. (a)	3,700		93,092
eMagin Corp. (a)	3,800		2,432
En Pointe Technologies, Inc. (a)	1,400		4,074
Excel Technology, Inc. (a)	1,100		26,444
Fargo Electronics, Inc. (a)	2,211		42,252
FARO Technologies, Inc. (a)	3,698		70,336
FLIR Systems, Inc. (a)	15,678		387,560
Frequency Electronics, Inc.	500		5,100
Gerber Scientific, Inc. (a)	3,800		36,252
Giga-Tronics, Inc. (a)	3,000		7,500
Global Imaging Systems, Inc. (a)	3,800		138,396
GTSI Corp. (a)	1,990		16,497
Identix, Inc. (a)	28,240		138,658
IEC Electronics Corp. (a)	100		50
Ingram Micro, Inc. Class A (a)	26,234		492,675
InPlay Technologies, Inc. (a)	1,500		4,470
Interlink Electronics, Inc. (a)	1,200		2,880
Iteris, Inc. (a)	1,200		2,880
Itron, Inc. (a)	5,247		245,297
Jabil Circuit, Inc. (a)	42,694		1,414,025
Jaco Electronics, Inc. (a)	1,950		6,455
Keithley Instruments, Inc.	1,200		19,308
KEMET Corp. (a)	12,784		102,272
Landauer, Inc.	1,400		68,460
LeCroy Corp. (a)	1,700		27,744
Lexar Media, Inc. (a)	13,325		113,662
LightPath Technologies, Inc. Class A (a)	437		896
Littelfuse, Inc. (a)	3,052		79,169
LoJack Corp. (a)	3,600		101,448
Maxwell Technologies, Inc. (a)	1,100		15,554
MDI, Inc. (a)	3,700		2,738
Measurement Specialties, Inc. (a)	3,305		82,228
Mechanical Technology, Inc. (a)	4,800		13,728
Mercury Computer Systems, Inc. (a)	3,219		64,316
Merix Corp. (a)	1,450		9,672
Mesa Laboratories, Inc.	2,127		33,394
Methode Electronics, Inc. Class A	5,200		54,340
Metrologic Instruments, Inc. (a)	2,058		40,234
Micronetics, Inc. (a)	1,137		11,984
MOCON, Inc.	2,152		19,798
Molex, Inc.	30,956		829,311
MSGI Security Solutions, Inc. (a)	22		64
MTS Systems Corp.	3,500		123,445
National Instruments Corp.	12,172		314,159
Newport Corp. (a)	22,666		312,791
NU Horizons Electronics Corp. (a)	3,452		34,485
OSI Systems, Inc. (a)	2,149		40,466
OYO Geospace Corp. (a)	1,300		35,425
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Electronic Equipment & Instruments - continued
Park Electrochemical Corp.	2,880		$72,691
Paxar Corp. (a)	6,365		121,762
PC Connection, Inc. (a)	2,250		14,310
Pemstar, Inc. (a)	3,100		4,278
PFSweb, Inc. (a)	9,321		12,863
Photon Dynamics, Inc. (a)	2,232		41,069
Planar Systems, Inc. (a)	2,218		21,515
Plexus Corp. (a)	6,504		139,836
RadiSys Corp. (a)	3,400		62,220
Research Frontiers, Inc. (a)	2,000		11,320
Richardson Electronics Ltd.	2,448		17,528
Rofin-Sinar Technologies, Inc. (a)	2,100		90,657
Rogers Corp. (a)	3,542		135,659
Sanmina-SCI Corp. (a)	112,065		463,949
Satcon Technology Corp. (a)	1,200		1,764
ScanSource, Inc. (a)	1,927		114,252
Scientific Technologies, Inc. (a)	3,100		12,885
Sirenza Microdevices, Inc. (a)	4,500		17,730
Solectron Corp. (a)	205,862		739,045
Somera Communications, Inc. (a)	2,800		2,184
Spectrum Control, Inc. (a)	1,500		9,570
Staktek Holdings, Inc. (a)	558		3,209
StockerYale, Inc. (a)	1,200		1,128
Super Vision International, Inc. Class A (a)	2,100		8,505
Superconductor Technologies, Inc. (a)	6,380		3,828
Symbol Technologies, Inc.	53,399		610,351
SYNNEX Corp. (a)	5,592		87,515
Taser International, Inc. (a)	11,903		72,608
Tech Data Corp. (a)	12,825		504,151
Technitrol, Inc.	6,089		107,775
Tektronix, Inc.	20,079		513,822
Trimble Navigation Ltd. (a)	10,528		343,002
TTM Technologies, Inc. (a)	7,352		67,197
Universal Display Corp. (a)	2,400		27,960
Viisage Technology, Inc. (a)	4,589		29,094
Vishay Intertechnology, Inc. (a)	48,384		620,767
Woodhead Industries, Inc.	1,600		20,768
X-Rite, Inc.	2,700		29,889
Zomax, Inc. (a)	4,900		10,780
Zones, Inc. (a)	4,000		20,480
Zygo Corp. (a)	1,200		16,908
			21,175,211
Internet Software & Services - 1.1%
24/7 Real Media, Inc. (a)	460		3,404
Akamai Technologies, Inc. (a)	25,106		501,116
aQuantive, Inc. (a)	8,967		241,123
Ariba, Inc. (a)	15,281		131,875
Art Technology Group, Inc. (a)	12,485		20,475
Autobytel, Inc. (a)	5,594		29,201
Bankrate, Inc. (a)	3,082		99,395
	Shares		Value
Blue Coat Systems, Inc. (a)	2,981		$135,009
BroadVision, Inc. (a)	5,124		3,587
Calico Commerce, Inc. (a)	626		0
Centra Software, Inc. (a)	5,611		10,212
Chordiant Software, Inc. (a)	14,210		38,793
Click Commerce, Inc. (a)	500		11,875
CMGI, Inc. (a)	94,144		162,869
CNET Networks, Inc. (a)	31,488		472,005
Communication Intelligence Corp. (a)	3,800		1,824
Corillian Corp. (a)	2,171		6,057
Critical Path, Inc. (a)	3,689		1,217
CyberSource Corp. (a)	2,800		21,028
deltathree, Inc. (a)	500		1,275
Digital Insight Corp. (a)	5,022		166,329
Digital River, Inc. (a)	7,732		200,413
Digitas, Inc. (a)	38,569		482,113
DSL.net, Inc. (a)	1,895		95
EarthLink, Inc. (a)	33,248		380,357
EasyLink Services Corp. Class A (a)	170		122
eCollege.com (a)	3,535		58,646
eGain Communications Corp. (a)	500		375
Elcom International, Inc. (a)	2,200		198
Entrust, Inc. (a)	7,900		39,500
Equinix, Inc. (a)	5,633		224,869
Google, Inc. Class A (sub. vtg.) (a)	40,813		16,528,857
GoRemote Internet Communications, Inc. (a)	2,000		2,840
Greenfield Online, Inc. (a)	3,100		15,717
High Speed Access Corp. (a)	5,100		0
Homestore, Inc. (a)	35,059		154,610
I-Many, Inc. (a)	5,700		7,866
iBasis, Inc. (a)	2,400		4,608
InfoSpace, Inc. (a)	4,695		123,760
Innodata Isogen, Inc. (a)	9,200		27,968
Interland, Inc. (a)	1,108		4,454
Internap Network Services Corp. (a)	83,396		34,192
Internet America, Inc. (a)	4,200		1,932
Internet Capital Group, Inc. (a)	1,307		10,848
Internet Commerce Corp. Class A (a)	600		1,826
Interwoven, Inc. (a)	5,949		56,456
iPass, Inc. (a)	21,857		148,190
IPIX Corp. (a)	295		655
iVillage, Inc. (a)	6,349		52,062
j2 Global Communications, Inc. (a)	5,240		250,105
Jupiter Media Metrix, Inc. (a)	4,711		0
Jupitermedia Corp. (a)	1,200		19,644
Keynote Systems, Inc. (a)	1,600		21,200
LookSmart Ltd. (a)	2,241		9,479
Loudeye Corp. (a)	2,000		1,080
LQ Corp., Inc. (a)	574		970
Marchex, Inc. Class B (a)	6,203		145,150
MatrixOne, Inc. (a)	7,185		36,212
MIVA, Inc. (a)	3,079		15,487
NaviSite, Inc. (a)	344		430
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Internet Software & Services - continued
Neoforma, Inc. (a)	2,800		$27,580
Net2Phone, Inc. (a)	5,858		11,306
NetRatings, Inc. (a)	3,275		44,213
NIC, Inc. (a)	4,201		25,626
On2.Com, Inc. (a)	18,981		14,046
Onstream Media Corp. (a)	206		169
Openwave Systems, Inc. (a)	14,800		245,828
Optio Software, Inc. (a)	3,000		4,020
Prescient Applied Intel, Inc. (a)	120		25
Raindance Communications, Inc. (a)	14,360		28,720
RealNetworks, Inc. (a)	41,635		360,143
S1 Corp. (a)	6,982		30,651
Saba Software, Inc. (a)	600		2,160
Salon Media Group, Inc. (a)	5,500		1,265
SAVVIS, Inc. (a)	9,243		6,378
Selectica, Inc. (a)	6,434		18,015
SmartServ Online, Inc. (a)	150		50
SonicWALL, Inc. (a)	13,089		97,251
Stellent, Inc. (a)	4,736		49,396
Supportsoft, Inc. (a)	10,058		40,232
Terremark Worldwide, Inc. (a)	6,610		23,003
The Sedona Corp. (a)	6,100		824
TheStreet.com, Inc. (a)	3,600		17,856
Tumbleweed Communications Corp. (a)	1,858		5,407
United Online, Inc.	17,898		252,541
ValueClick, Inc. (a)	21,154		399,388
VeriSign, Inc. (a)	56,530		1,256,662
Vignette Corp. (a)	2,828		50,084
Vitria Technology, Inc. (a)	2,487		6,914
Webb Interactive Services, Inc. (a)	4,300		366
WebEx Communications, Inc. (a)	10,438		248,529
webMethods, Inc. (a)	6,251		50,508
Websense, Inc. (a)	5,647		366,773
WorldGate Communications, Inc. (a)	1,300		2,860
Yahoo!, Inc. (a)	309,853		12,465,386
Zix Corp. (a)	10,905		19,193
			37,295,323
IT Services - 1.3%
Accenture Ltd. Class A	117,208		3,333,396
Acxiom Corp.	16,559		367,279
Affiliated Computer Services, Inc. Class A (a)	34,815		1,941,981
Affinity Technology Group, Inc. (a)	10,600		889
Alliance Data Systems Corp. (a)	8,580		330,931
Answerthink, Inc. (a)	2,704		11,249
Anteon International Corp. (a)	7,822		335,329
Applied Digital Solutions, Inc. (a)	2,397		7,239
Automatic Data Processing, Inc.	134,750		6,333,250
BearingPoint, Inc. (a)	38,190		278,023
CACI International, Inc. Class A (a)	7,313		404,848
Carreker Corp. (a)	4,530		22,741
	Shares		Value
Ceridian Corp. (a)	31,365		$752,760
Certegy, Inc.	12,501		502,665
CheckFree Corp. (a)	15,272		715,493
Ciber, Inc. (a)	7,491		46,070
Cognizant Technology Solutions Corp. Class A (a)	29,888		1,452,258
Computer Horizons Corp. (a)	5,300		21,677
Computer Sciences Corp. (a)	42,479		2,133,720
Convergys Corp. (a)	36,162		600,289
Covansys Corp. (a)	1,255		18,449
CSG Systems International, Inc. (a)	11,319		271,656
CSP, Inc. (a)	3,600		25,668
Direct Insite Corp. (a)	40		24
DST Systems, Inc. (a)	15,589		927,078
Edgewater Technology, Inc. (a)	2,800		16,800
eFunds Corp. (a)	11,708		241,068
Electronic Data Systems Corp.	116,359		2,682,075
eLoyalty Corp. (a)	3,847		34,585
ePresence, Inc. (a)	600		0
Euronet Worldwide, Inc. (a)	4,100		110,782
First Data Corp.	183,312		7,931,910
Fiserv, Inc. (a)	48,050		2,186,756
Forrester Research, Inc. (a)	3,800		70,832
Gartner, Inc. Class A (a)	22,106		297,989
Gevity HR, Inc.	4,273		121,054
Global Payments, Inc.	24,176		1,058,425
Hewitt Associates, Inc. Class A (a)	8,829		226,640
iGate Corp. (a)	4,382		17,747
Infocrossing, Inc. (a)	12,655		92,255
Inforte Corp.	640		2,490
infoUSA, Inc.	5,193		52,605
Intrado, Inc. (a)	3,108		70,179
iPayment, Inc. (a)	1,534		61,391
Iron Mountain, Inc. (a)	26,669		1,100,096
Kanbay International, Inc. (a)	4,600		76,176
Keane, Inc. (a)	8,692		90,918
Lightbridge, Inc. (a)	4,152		40,980
Lionbridge Technologies, Inc. (a)	18,336		119,184
ManTech International Corp. Class A (a)	7,337		183,718
Maximus, Inc.	3,215		117,026
MoneyGram International, Inc.	17,593		455,307
MPS Group, Inc. (a)	25,800		324,306
New Century Equity Holdings Corp. (a)	1,200		288
Paychex, Inc.	76,239		3,233,296
Pegasus Solutions, Inc. (a)	3,050		21,686
Perot Systems Corp. Class A (a)	22,474		312,389
RightNow Technologies, Inc. (a)	665		12,043
Sabre Holdings Corp. Class A	28,409		649,714
Safeguard Scientifics, Inc. (a)	11,755		23,040
Sapient Corp. (a)	32,671		203,214
SI International, Inc. (a)	2,269		61,603
SM&A (a)	3,853		31,980
SRA International, Inc. Class A (a)	7,184		220,046
StarTek, Inc.	1,900		31,559
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
IT Services - continued
Storage Engine, Inc. (a)	434		$0
Sykes Enterprises, Inc. (a)	6,100		84,180
Syntel, Inc.	5,600		115,136
TALX Corp.	3,561		146,891
Technology Solutions Co. (a)	455		3,746
The BISYS Group, Inc. (a)	23,652		316,937
The Management Network Group, Inc. (a)	1,200		2,832
theglobe.com, Inc. (a)	6,400		2,554
Tier Technologies, Inc. Class B (a)	3,200		26,624
TNS, Inc. (a)	834		15,054
Total System Services, Inc.	6,668		143,762
TSR, Inc.	100		473
Tyler Technologies, Inc. (a)	6,359		55,641
Unisys Corp. (a)	69,966		430,291
VeriFone Holdings, Inc.	7,435		170,262
Wright Express Corp.	19,580		476,969
			45,410,466
Office Electronics - 0.1%
Xerox Corp. (a)	239,934		3,407,063
Zebra Technologies Corp. Class A (a)	18,923		853,995
			4,261,058
Semiconductors & Semiconductor Equipment - 3.3%
8X8, Inc. (a)	1,000		1,600
Actel Corp. (a)	3,829		55,750
ADE Corp. (a)	800		18,880
Advanced Energy Industries, Inc. (a)	4,100		54,776
Advanced Micro Devices, Inc. (a)	101,210		2,649,678
Advanced Power Technology, Inc. (a)	2,155		29,028
AEHR Test Systems (a)	3,046		10,813
Agere Systems, Inc. (a)	39,292		517,869
Alliance Semiconductor Corp. (a)	2,900		8,468
Altera Corp. (a)	81,627		1,490,509
AMIS Holdings, Inc. (a)	8,318		82,930
Amkor Technology, Inc. (a)	28,226		175,001
Amtech Systems, Inc. (a)	3,500		25,410
ANADIGICS, Inc. (a)	5,094		26,718
Analog Devices, Inc.	96,846		3,672,400
Applied Materials, Inc.	402,196		7,283,770
Applied Micro Circuits Corp. (a)	58,565		154,612
Asyst Technologies, Inc. (a)	5,531		34,403
Atheros Communications, Inc. (a)	17,385		168,461
Atmel Corp. (a)	108,362		363,013
ATMI, Inc. (a)	17,522		501,304
August Technology Corp. (a)	2,100		22,617
Axcelis Technologies, Inc. (a)	22,378		106,072
AXT, Inc. (a)	5,100		8,721
Broadcom Corp. Class A (a)	62,210		2,895,253
Brooks Automation, Inc. (a)	13,356		171,758
Cabot Microelectronics Corp. (a)	6,707		207,448
	Shares		Value
California Micro Devices Corp. (a)	1,400		$12,838
Ceva, Inc. (a)	3,103		18,990
Cirrus Logic, Inc. (a)	12,367		93,495
Cohu, Inc.	3,575		95,345
Conexant Systems, Inc. (a)	87,659		216,518
Credence Systems Corp. (a)	30,931		250,850
Cree, Inc. (a)	15,121		405,696
Cymer, Inc. (a)	6,153		235,168
Cypress Semiconductor Corp. (a)	38,400		576,000
Diodes, Inc. (a)	2,892		116,750
DSP Group, Inc. (a)	4,100		106,600
Electroglas, Inc. (a)	4,674		14,162
EMCORE Corp. (a)	2,848		17,487
Entegris, Inc. (a)	19,063		192,536
ESS Technology, Inc. (a)	6,403		19,529
Exar Corp. (a)	5,900		72,924
Fairchild Semiconductor International, Inc. (a)	27,314		473,625
FEI Co. (a)	4,100		81,836
FormFactor, Inc. (a)	5,967		167,434
Freescale Semiconductor, Inc. Class B (a)	104,517		2,696,539
FSI International, Inc. (a)	4,200		17,178
Genesis Microchip, Inc. (a)	7,558		169,299
Hi/fn, Inc. (a)	1,922		10,879
Ibis Technology Corp. (a)	2,229		3,522
Integrated Device Technology, Inc. (a)	42,480		508,910
Integrated Silicon Solution, Inc. (a)	4,221		29,589
Intel Corp.	1,459,794		38,947,304
International Rectifier Corp. (a)	15,987		566,899
Intersil Corp. Class A	43,619		1,118,827
Intest Corp. (a)	2,530		8,804
IXYS Corp. (a)	3,700		44,474
JMAR Technologies, Inc. (a)	2,900		2,958
KLA-Tencor Corp.	50,013		2,560,165
Kopin Corp. (a)	9,400		64,296
Kulicke & Soffa Industries, Inc. (a)	7,962		67,279
Lam Research Corp. (a)	30,532		1,146,171
Lattice Semiconductor Corp. (a)	21,552		105,389
Leadis Technology, Inc. (a)	7,132		38,156
Linear Technology Corp.	78,615		2,933,126
LSI Logic Corp. (a)	114,968		943,887
LTX Corp. (a)	8,192		36,372
Marvell Technology Group Ltd. (a)	57,140		3,173,556
Mattson Technology, Inc. (a)	7,388		73,289
Maxim Integrated Products, Inc.	84,216		3,078,095
MEMC Electronic Materials, Inc. (a)	36,525		817,430
Micrel, Inc. (a)	13,153		158,888
Micro Component Technology, Inc. (a)	4,500		473
Micro Linear Corp. (a)	100		177
Microchip Technology, Inc.	46,337		1,545,802
Micron Technology, Inc. (a)	139,513		1,989,455
Microsemi Corp. (a)	13,966		387,557
Mindspeed Technologies, Inc. (a)	25,211		46,388
MIPS Technologies, Inc. (a)	6,500		38,415
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Semiconductors & Semiconductor Equipment - continued
MKS Instruments, Inc. (a)	12,987		$245,065
Monolithic System Technology, Inc. (a)	4,277		26,132
Nanometrics, Inc. (a)	800		8,880
National Semiconductor Corp.	96,438		2,495,815
NeoMagic Corp. (a)	200		774
Novellus Systems, Inc. (a)	30,894		762,155
NVIDIA Corp. (a)	37,059		1,340,424
O2Micro International Ltd. sponsored ADR (a)	20,818		237,950
Omnivision Technologies, Inc. (a)	9,772		172,964
ON Semiconductor Corp. (a)	49,216		285,453
PDF Solutions, Inc. (a)	4,200		65,688
Pericom Semiconductor Corp. (a)	4,500		35,325
Photronics, Inc. (a)	13,350		211,998
Pixelworks, Inc. (a)	5,600		29,960
PLX Technology, Inc. (a)	3,886		38,355
PMC-Sierra, Inc. (a)	77,333		608,611
Power Integrations, Inc. (a)	8,058		175,745
QuickLogic Corp. (a)	4,793		17,063
Rambus, Inc. (a)	20,136		338,083
Ramtron International Corp. (a)	4,700		10,951
RF Micro Devices, Inc. (a)	34,167		194,069
Rudolph Technologies, Inc. (a)	2,300		29,555
Semitool, Inc. (a)	4,700		44,744
Semtech Corp. (a)	16,534		329,192
Sigma Designs, Inc. (a)	2,609		36,604
SigmaTel, Inc. (a)	3,990		58,094
Silicon Image, Inc. (a)	18,184		176,567
Silicon Laboratories, Inc. (a)	8,113		315,190
Silicon Storage Technology, Inc. (a)	18,672		102,883
SiRF Technology Holdings, Inc. (a)	15,696		435,093
Skyworks Solutions, Inc. (a)	26,316		141,843
SRS Labs, Inc. (a)	2,700		15,579
Standard Microsystems Corp. (a)	2,900		86,710
Supertex, Inc. (a)	2,131		90,013
Tegal Corp. (a)	6,100		3,660
Teradyne, Inc. (a)	44,784		655,190
Tessera Technologies, Inc. (a)	8,659		238,123
Texas Instruments, Inc.	403,041		13,090,772
Therma-Wave, Inc. (a)	5,400		8,586
Transmeta Corp. (a)	19,000		23,180
Transwitch Corp. (a)	14,454		21,536
Trident Microsystems, Inc. (a)	11,138		209,840
Trio-Tech International (a)	3,600		20,340
Tripath Technology, Inc. (a)	1,600		688
TriQuint Semiconductor, Inc. (a)	18,701		84,155
Tvia, Inc. (a)	6,300		13,545
Ultratech, Inc. (a)	3,672		60,331
Varian Semiconductor Equipment Associates, Inc. (a)	10,349		455,563
Veeco Instruments, Inc. (a)	4,200		74,382
	Shares		Value
Virage Logic Corp. (a)	3,148		$33,023
Vitesse Semiconductor Corp. (a)	39,408		83,151
Volterra Semiconductor Corp. (a)	5,049		63,718
White Electronic Designs Corp. (a)	3,182		16,069
Xilinx, Inc.	92,178		2,437,186
Zoran Corp. (a)	8,297		140,385
			114,131,543
Software - 3.4%
Activision, Inc. (a)	66,268		882,027
Actuate Corp. (a)	4,899		16,167
Adept Technology, Inc. (a)	680		7,806
Adobe Systems, Inc.	111,580		3,638,624
Advent Software, Inc. (a)	4,100		117,424
Agile Software Corp. (a)	5,154		32,006
Altiris, Inc. (a)	3,734		61,648
American Software, Inc. Class A	3,700		20,757
Analytical Surveys, Inc. (a)	20		27
Ansoft Corp. (a)	500		17,345
Ansys, Inc. (a)	5,270		221,445
Applix, Inc. (a)	2,600		18,070
ARI Network Services, Inc. (a)	2,800		6,020
Artisoft, Inc. (a)	533		853
Aspen Technology, Inc. (a)	4,900		36,260
Atari, Inc. (a)	28,859		36,362
Authentidate Holding Corp. (a)	1,900		3,629
Autodesk, Inc. (a)	61,074		2,548,007
BEA Systems, Inc. (a)	81,886		718,140
BindView Development Corp. (a)	4,100		16,236
Bitstream, Inc. Class A (a)	5,067		17,333
Blackbaud, Inc.	611		10,356
BMC Software, Inc. (a)	54,176		1,110,066
Borland Software Corp. (a)	21,785		132,235
Bottomline Technologies, Inc. (a)	1,400		15,540
BSQUARE Corp. (a)	300		750
Cadence Design Systems, Inc. (a)	65,249		1,118,368
CAM Commerce Solutions, Inc.	2,300		39,560
Captaris, Inc. (a)	7,200		29,448
Captiva Software Corp. (a)	2,000		44,220
Catapult Communications Corp. (a)	1,500		25,365
CCC Information Services Group, Inc. (a)	2,180		56,920
Citrix Systems, Inc. (a)	35,592		965,967
Computer Associates International, Inc.	114,954		3,277,339
Compuware Corp. (a)	86,209		795,709
Concur Technologies, Inc. (a)	3,000		37,890
Convera Corp. Class A (a)	2,323		36,239
Datawatch Corp. (a)	2,268		10,115
Digimarc Corp. (a)	1,449		8,839
DocuCorp International, Inc. (a)	2,820		17,822
Dynamics Research Corp. (a)	2,379		37,850
Electronic Arts, Inc. (a)	69,923		3,940,860
Embarcadero Technologies, Inc. (a)	2,400		18,096
eMerge Interactive, Inc. Class A (a)	3,830		1,455
Epicor Software Corp. (a)	8,396		115,949
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Software - continued
EPIQ Systems, Inc. (a)	3,148		$59,843
ePlus, Inc. (a)	1,200		17,376
FactSet Research Systems, Inc.	10,891		421,700
Fair, Isaac & Co., Inc.	15,339		702,833
FalconStor Software, Inc. (a)	3,300		25,047
FileNET Corp. (a)	13,069		352,079
Forgent Networks, Inc. (a)	7,880		13,790
GraphOn Corp. (a)	4,200		1,176
GSE Systems, Inc. (a)	452		542
Hyperion Solutions Corp. (a)	9,478		501,860
Informatica Corp. (a)	43,164		485,163
Intellisync Corp. (a)	6,400		32,512
Interactive Intelligence, Inc. (a)	2,100		10,311
Internet Security Systems, Inc. (a)	12,578		287,533
InterVideo, Inc. (a)	1,781		18,237
Intervoice, Inc. (a)	11,355		98,221
Intrusion, Inc. (a)	900		2,421
Intuit, Inc. (a)	38,831		2,080,177
Jack Henry & Associates, Inc.	16,855		322,605
JAMDAT Mobile, Inc. (a)	4,125		94,339
JDA Software Group, Inc. (a)	3,900		58,500
Kronos, Inc. (a)	6,812		322,412
Lawson Software, Inc. (a)	29,938		227,229
Macromedia, Inc. (a)	16,044		719,734
Macrovision Corp. (a)	9,518		147,910
Magma Design Automation, Inc. (a)	4,600		38,870
Manhattan Associates, Inc. (a)	7,847		168,004
Manugistics Group, Inc. (a)	10,635		20,419
MapInfo Corp. (a)	3,502		50,324
McAfee, Inc. (a)	32,979		917,146
Mentor Graphics Corp. (a)	20,882		187,103
Mercury Interactive Corp. (a)	18,685		519,443
MetaSolv, Inc. (a)	1,300		3,705
Micromuse, Inc. (a)	10,474		77,612
MICROS Systems, Inc. (a)	8,198		396,045
Microsoft Corp.	2,263,548		62,722,915
MicroStrategy, Inc. Class A (a)	4,097		302,645
Midway Games, Inc. (a)	7,292		159,841
Mobius Management Systems, Inc. (a)	5,733		35,487
Moldflow Corp. (a)	2,648		37,866
MRO Software, Inc. (a)	3,700		56,388
Napster, Inc. (a)	3,394		11,879
NAVTEQ Corp. (a)	18,973		796,866
NEON Systems, Inc. (a)	900		3,805
Netguru, Inc. (a)	1,800		1,296
NetIQ Corp. (a)	9,253		110,573
NetManage, Inc. (a)	1,157		6,155
NetScout Systems, Inc. (a)	7,668		42,787
NetSol Technologies, Inc. (a)	20		37
Novell, Inc. (a)	83,805		652,003
Nuance Communications, Inc. (a)	14,677		91,291
	Shares		Value
ONYX Software Corp. (a)	875		$2,888
Open Solutions, Inc. (a)	7,534		166,953
Opnet Technologies, Inc. (a)	4,559		43,812
Opsware, Inc. (a)	24,964		147,288
Oracle Corp. (a)	946,948		11,903,136
Parametric Technology Corp. (a)	63,973		374,242
Peerless Systems Corp. (a)	200		1,408
Pegasystems, Inc. (a)	3,570		26,097
Pervasive Software, Inc. (a)	4,094		17,359
Phoenix Technologies Ltd. (a)	3,000		18,990
Plato Learning, Inc. (a)	2,149		15,516
Programmer's Paradise, Inc.	1,200		12,756
Progress Software Corp. (a)	11,733		363,019
QAD, Inc.	4,079		31,816
Quality Systems, Inc.	1,806		146,503
Quest Software, Inc. (a)	14,533		228,895
Quovadx, Inc. (a)	7,549		20,911
Radiant Systems, Inc. (a)	2,700		35,181
Red Hat, Inc. (a)	39,452		929,884
Renaissance Learning, Inc.	4,400		87,296
Reynolds & Reynolds Co. Class A	14,364		391,275
RSA Security, Inc. (a)	15,723		204,399
SAFLINK Corp. (a)	1,740		1,601
Salesforce.com, Inc. (a)	28,469		906,738
SCO Group, Inc. (a)	3,132		13,029
Secure Computing Corp. (a)	4,719		64,839
Segue Software, Inc. (a)	1,900		12,236
SERENA Software, Inc. (a)	4,635		108,644
Siebel Systems, Inc.	108,898		1,143,429
Smith Micro Software, Inc. (a)	3,687		25,182
Sonic Foundry, Inc. (a)	1,800		2,250
Sonic Solutions, Inc. (a)	2,792		42,997
SPSS, Inc. (a)	1,760		50,829
SSA Global Technologies, Inc.	1,264		22,980
StorageNetworks, Inc. (a)	13,600		0
SumTotal Systems, Inc. (a)	682		2,960
Sybase, Inc. (a)	17,036		382,458
Symantec Corp. (a)	288,858		5,104,121
Synopsys, Inc. (a)	33,824		660,244
Synplicity, Inc. (a)	300		2,295
Take-Two Interactive Software, Inc. (a)	15,130		276,123
TenFold Corp. (a)	2,690		807
THQ, Inc. (a)	22,524		511,745
TIBCO Software, Inc. (a)	56,020		468,887
Transaction Systems Architects, Inc. Class A (a)	6,378		185,600
Ulticom, Inc. (a)	4,033		46,460
Ultimate Software Group, Inc. (a)	5,525		95,085
VA Software Corp. (a)	11,502		18,058
Verint Systems, Inc. (a)	2,382		89,635
Verity, Inc. (a)	5,230		68,931
Versant Corp. (a)	320		1,149
VerticalNet, Inc. (a)	530		260
Viewpoint Corp. (a)	3,600		4,104
Common Stocks - continued
	Shares		Value
INFORMATION TECHNOLOGY - continued
Software - continued
Visual Networks, Inc. (a)	6,000		$8,460
Voxware, Inc. (a)	9,500		589
WatchGuard Technologies, Inc. (a)	2,887		10,278
Wave Systems Corp. Class A (a)	2,100		1,680
Wind River Systems, Inc. (a)	29,444		405,738
Witness Systems, Inc. (a)	17,812		357,131
			120,944,375
TOTAL INFORMATION TECHNOLOGY			541,873,175
MATERIALS - 3.1%
Chemicals - 1.5%
A. Schulman, Inc.	5,900		123,251
Air Products & Chemicals, Inc.	49,430		2,924,773
Airgas, Inc.	17,437		542,291
Albemarle Corp.	11,290		415,472
American Pacific Corp. (a)	800		3,368
American Vanguard Corp.	2,636		60,760
Arch Chemicals, Inc.	3,424		97,413
Ashland, Inc.	15,596		869,477
Atlantis Plastics, Inc. Class A	600		5,238
Bairnco Corp.	800		7,792
Balchem Corp.	750		20,685
Cabot Corp.	12,694		444,925
Calgon Carbon Corp.	3,000		17,280
Celanese Corp. Class A	9,322		161,271
CF Industries Holdings, Inc.	9,000		139,050
CFC International, Inc. (a)	600		9,300
Chemtura Corp.	64,725		779,936
Cytec Industries, Inc.	7,617		344,974
Dow Chemical Co.	226,208		10,235,912
E.I. du Pont de Nemours & Co.	234,498		10,024,790
Eastman Chemical Co.	17,784		983,989
Ecolab, Inc.	46,482		1,546,456
Eden Bioscience Corp. (a)	8,372		5,274
Engelhard Corp.	26,594		784,523
Ferro Corp.	15,338		289,888
FMC Corp. (a)	7,553		401,593
Georgia Gulf Corp.	6,865		191,259
H.B. Fuller Co.	4,800		148,704
Hawkins, Inc.	5,191		73,193
Hercules, Inc. (a)	23,992		282,146
Huntsman Corp.	32,766		622,554
International Flavors & Fragrances, Inc.	20,178		656,592
Kronos Worldwide, Inc.	87		2,745
LESCO, Inc. (a)	2,923		46,330
Lubrizol Corp.	14,867		627,536
Lyondell Chemical Co.	59,199		1,505,431
MacDermid, Inc.	4,758		135,175
Material Sciences Corp. (a)	1,300		18,863
Minerals Technologies, Inc.	7,252		410,608
	Shares		Value
Monsanto Co.	61,157		$4,480,973
Mosaic Co. (a)	25,640		347,166
Nalco Holding Co.	18,050		303,601
Nanophase Technologies Corp. (a)	3,697		22,330
NewMarket Corp. (a)	7,190		157,605
NL Industries, Inc.	5,326		78,825
Olin Corp.	17,725		341,206
OM Group, Inc. (a)	4,792		75,618
OMNOVA Solutions, Inc. (a)	3,100		14,570
Penford Corp.	600		7,980
PolyOne Corp. (a)	28,630		165,195
PPG Industries, Inc.	36,625		2,224,236
Praxair, Inc.	79,397		4,128,644
Quaker Chemical Corp.	700		12,551
Rohm & Haas Co.	35,102		1,537,468
RPM International, Inc.	24,714		459,680
Sensient Technologies Corp.	11,073		201,196
Sigma Aldrich Corp.	14,822		978,845
Spartech Corp.	9,611		203,849
Stepan Co.	700		18,081
Summa Industries, Inc.	500		3,985
Symyx Technologies, Inc. (a)	5,000		136,250
Terra Industries, Inc. (a)	17,967		107,982
The Scotts Co. Class A	10,366		486,373
Tronox, Inc. Class A	5,666		76,661
Valspar Corp.	24,084		605,713
W.R. Grace & Co. (a)	13,050		113,405
Wellman, Inc.	2,274		17,624
Westlake Chemical Corp.	707		19,810
Zoltek Companies, Inc. (a)	800		7,040
			53,295,279
Construction Materials - 0.1%
Eagle Materials, Inc.	4,054		465,805
Florida Rock Industries, Inc.	11,835		590,211
Headwaters, Inc. (a)	9,029		321,703
Lafarge North America, Inc.	6,258		344,190
Martin Marietta Materials, Inc.	11,253		845,213
Texas Industries, Inc.	6,449		321,676
U.S. Concrete, Inc. (a)	100		822
Vulcan Materials Co.	20,526		1,369,084
			4,258,704
Containers & Packaging - 0.3%
AEP Industries, Inc. (a)	600		13,800
Aptargroup, Inc.	6,929		380,056
Ball Corp.	27,784		1,145,256
Bemis Co., Inc.	22,012		606,431
Caraustar Industries, Inc. (a)	5,232		51,588
Chesapeake Corp.	3,900		68,640
Crown Holdings, Inc. (a)	41,929		777,364
Graphic Packaging Corp. (a)	18,587		50,557
Greif Brothers Corp. Class A	4,918		295,326
Longview Fibre Co.	10,700		227,482
MOD-PAC Corp. (sub. vtg.) (a)	1,150		13,225
Common Stocks - continued
	Shares		Value
MATERIALS - continued
Containers & Packaging - continued
Myers Industries, Inc.	2,494		$34,891
Owens-Illinois, Inc. (a)	29,918		650,717
Packaging Corp. of America	18,361		425,792
Packaging Dynamics Corp.	320		3,280
Pactiv Corp. (a)	31,110		629,666
Rock-Tenn Co. Class A	5,000		66,500
Sealed Air Corp. (a)	21,571		1,115,436
Silgan Holdings, Inc.	6,400		225,856
Smurfit-Stone Container Corp. (a)	51,411		651,377
Sonoco Products Co.	25,717		737,564
Temple-Inland, Inc.	33,378		1,397,537
			9,568,341
Metals & Mining - 0.8%
AK Steel Holding Corp. (a)	22,608		187,420
Alcoa, Inc.	214,003		5,865,822
Aleris International, Inc. (a)	5,770		191,853
Allegheny Technologies, Inc.	15,150		499,647
Amcol International Corp.	3,826		77,859
Brush Engineered Materials, Inc. (a)	4,706		74,778
Carpenter Technology Corp.	4,219		276,555
Century Aluminum Co. (a)	6,300		145,656
Chaparral Steel Co. (a)	6,449		161,225
Cleveland-Cliffs, Inc.	5,855		557,923
Coeur d'Alene Mines Corp. (a)	37,016		159,539
Commercial Metals Co.	14,862		521,656
Compass Minerals International, Inc.	11,094		267,144
Freeport-McMoRan Copper & Gold, Inc. Class B	40,856		2,129,006
Gibraltar Industries, Inc.	11,584		254,732
Glamis Gold Ltd. (a)	30,909		689,487
Hecla Mining Co. (a)	17,839		63,150
Meridian Gold, Inc. (a)	19,029		366,893
Newmont Mining Corp.	95,302		4,395,328
NN, Inc.	100		994
Nucor Corp.	33,440		2,243,155
Oregon Steel Mills, Inc. (a)	10,953		299,565
Phelps Dodge Corp.	23,059		3,128,415
Quanex Corp.	7,326		453,113
Reliance Steel & Aluminum Co.	7,747		499,759
Roanoke Electric Steel Corp.	5,013		116,753
Royal Gold, Inc.	3,723		96,872
RTI International Metals, Inc. (a)	4,252		158,600
Ryerson Tull, Inc.	1,290		29,141
Schnitzer Steel Industries, Inc. Class A	6,426		221,633
Southern Copper Corp.	8,067		513,142
Steel Dynamics, Inc.	10,869		376,285
Steel Technologies, Inc.	2,600		68,874
Stillwater Mining Co. (a)	16,535		176,759
Synalloy Corp. (a)	700		6,930
Titanium Metals Corp. (a)	4,100		258,915
United States Steel Corp.	24,214		1,152,586
	Shares		Value
Universal Stainless & Alloy Products, Inc. (a)	2,700		$38,248
Wheeling Pittsburgh Corp. (a)	2,314		20,757
Worthington Industries, Inc.	12,166		246,848
			26,993,017
Paper & Forest Products - 0.4%
Bowater, Inc.	16,248		504,500
Buckeye Technologies, Inc. (a)	6,535		49,797
Deltic Timber Corp.	2,383		107,283
Georgia-Pacific Corp.	56,750		2,683,708
International Paper Co.	115,555		3,643,449
Louisiana-Pacific Corp.	21,677		584,629
MeadWestvaco Corp.	45,935		1,285,721
Neenah Paper, Inc.	2,897		81,290
P.H. Glatfelter Co.	6,530		94,163
Pope & Talbot, Inc.	1,500		11,985
Potlatch Corp.	6,755		326,537
Schweitzer-Mauduit International, Inc.	5,576		132,765
Wausau-Mosinee Paper Corp.	9,800		115,836
Weyerhaeuser Co.	55,867		3,704,541
			13,326,204
TOTAL MATERIALS			107,441,545
TELECOMMUNICATION SERVICES - 2.8%
Diversified Telecommunication Services - 1.8%
Alaska Communication Systems Group, Inc.	4,500		45,045
Allegiance Telecom, Inc. (a)	7,100		33
AT&T, Inc.	927,680		23,108,509
BellSouth Corp.	441,538		12,036,326
Broadwing Corp. (a)	10,240		68,813
C2 Global Technologies, Inc. (a)	450		315
CenturyTel, Inc.	27,170		899,327
Cincinnati Bell, Inc. (a)	61,223		238,770
Citizens Communications Co.	71,824		937,303
Cogent Communications Group, Inc. (a)	2		11
Commonwealth Telephone Enterprises, Inc.	3,600		124,776
Consolidated Communications Holdings, Inc.	1,584		20,640
Covad Communications Group, Inc. (a)	33,939		26,472
CT Communications, Inc.	1,738		21,412
D&E Communications, Inc.	2,800		25,340
FairPoint Communications, Inc.	3,643		43,534
Fonix Corp. (a)	465		13
General Communications, Inc. Class A (a)	6,544		66,422
Global Crossing Ltd. (a)	4,203		71,619
HickoryTech Corp.	540		4,266
Hungarian Telephone & Cable Corp. (a)	4,123		67,823
IDT Corp. Class B (a)	11,458		139,788
Iowa Telecommunication Services, Inc.	11,175		188,299
Level 3 Communications, Inc. (a)	189,691		644,949
Common Stocks - continued
	Shares		Value
TELECOMMUNICATION SERVICES - continued
Diversified Telecommunication Services - continued
MCI, Inc.	71,462		$1,419,235
Moscow CableCom Corp. (a)	1,700		9,715
NeuStar, Inc. Class A	6,063		183,830
North Pittsburgh Systems, Inc.	2,140		41,901
Pac-West Telecomm, Inc. (a)	1,090		937
PanAmSat Holding Corp.	10,460		253,655
Premiere Global Services, Inc. (a)	19,031		143,874
Primus Telecommunications Group, Inc. (a)	17,273		16,755
Qwest Communications International, Inc. (a)	419,947		2,200,522
Shenandoah Telecommunications Co.	1,800		73,242
SureWest Communications	1,661		47,006
Talk America Holdings, Inc. (a)	4,710		45,216
Time Warner Telecom, Inc. Class A (a)	7,389		69,457
U.S. LEC Corp. Class A (a)	2,800		5,180
Valor Communications Group, Inc.	5,662		68,737
Verizon Communications, Inc.	650,611		20,806,540
WQN, Inc. (a)	310		487
XETA Technologies, Inc. (a)	2,000		4,300
			64,170,394
Wireless Telecommunication Services - 1.0%
@Road, Inc. (a)	6,908		34,264
Alamosa Holdings, Inc. (a)	38,509		711,646
ALLTEL Corp.	86,182		5,759,543
American Tower Corp. Class A (a)	90,161		2,460,494
Centennial Communications Corp. Class A (a)	19,693		312,528
Crown Castle International Corp. (a)	59,613		1,633,396
Dobson Communications Corp. Class A (a)	17,844		131,510
GoAmerica, Inc. (a)	30		131
InPhonic, Inc.	655		7,736
LCC International, Inc. (a)	2,300		6,900
Leap Wireless International, Inc. (a)	8,500		323,510
Metro One Telecommunications, Inc. (a)	5,800		2,668
Nextel Partners, Inc. Class A (a)	7,046		186,719
NII Holdings, Inc. (a)	24,850		1,079,733
Price Communications Corp. (a)	15,956		242,053
Rural Cellular Corp. Class A (a)	4,700		65,330
SBA Communications Corp. Class A (a)	15,828		291,868
Sprint Nextel Corp.	700,952		17,551,838
SunCom Wireless Holdings, Inc. Class A (a)	6,400		16,320
Syniverse Holdings, Inc.	3,780		73,105
Telephone & Data Systems, Inc.	31,174		1,139,410
U.S. Cellular Corp. (a)	3,371		171,247
Ubiquitel, Inc. (a)	16,900		165,282
	Shares		Value
USA Mobility, Inc.	16,194		$442,096
Wireless Facilities, Inc. (a)	7,785		43,129
			32,852,456
TOTAL TELECOMMUNICATION SERVICES			97,022,850
UTILITIES - 3.3%
Electric Utilities - 1.4%
Allegheny Energy, Inc. (a)	39,957		1,112,003
Allete, Inc.	4,890		226,163
Ameren Corp.	45,550		2,389,553
American Electric Power Co., Inc.	92,168		3,367,819
Central Vermont Public Service Corp.	2,400		48,960
Cinergy Corp.	40,031		1,644,473
Cleco Corp.	8,300		183,264
DPL, Inc.	31,522		805,387
Duquesne Light Holdings, Inc.	18,842		319,372
Edison International	70,467		3,179,471
El Paso Electric Co. (a)	8,800		190,344
Empire District Electric Co.	5,700		115,767
Entergy Corp.	48,312		3,381,840
Exelon Corp.	153,632		7,995,009
FirstEnergy Corp.	77,656		3,646,726
FPL Group, Inc.	85,156		3,609,763
Great Plains Energy, Inc.	22,053		640,860
Green Mountain Power Corp.	2,020		59,671
Hawaiian Electric Industries, Inc.	25,869		683,976
IDACORP, Inc.	11,816		337,465
MGE Energy, Inc.	3,300		115,896
Northeast Utilities	31,344		582,372
Otter Tail Corp.	8,116		243,886
Pepco Holdings, Inc.	44,881		972,571
Pinnacle West Capital Corp.	22,286		924,646
PPL Corp.	91,552		2,691,629
Progress Energy, Inc.	53,511		2,396,223
Reliant Energy, Inc. (a)	65,900		603,644
Sierra Pacific Resources (a)	27,514		370,889
Southern Co.	168,542		5,850,093
UIL Holdings Corp.	2,900		140,128
Unisource Energy Corp.	5,073		164,162
Unitil Corp.	1,979		50,227
Westar Energy, Inc.	19,419		439,258
			49,483,510
Gas Utilities - 0.3%
AGL Resources, Inc.	17,824		630,435
Atmos Energy Corp.	20,296		539,265
Cascade Natural Gas Corp.	2,816		57,137
Chesapeake Utilities Corp.	3,158		98,372
Delta Natural Gas Co., Inc.	1,500		38,325
Energen Corp.	14,052		515,708
EnergySouth, Inc.	1,948		53,940
Equitable Resources, Inc.	34,387		1,285,730
Laclede Group, Inc.	3,369		100,935
Common Stocks - continued
	Shares		Value
UTILITIES - continued
Gas Utilities - continued
National Fuel Gas Co.	21,656		$698,406
New Jersey Resources Corp.	8,309		353,216
Nicor, Inc.	7,539		302,314
Northwest Natural Gas Co.	10,825		371,947
ONEOK, Inc.	22,539		618,245
Peoples Energy Corp.	9,564		343,635
Piedmont Natural Gas Co., Inc.	17,138		402,572
Questar Corp.	19,499		1,453,845
South Jersey Industries, Inc.	8,890		255,588
Southern Union Co.	21,589		509,500
Southwest Gas Corp.	5,329		142,178
UGI Corp.	29,247		643,434
WGL Holdings, Inc.	14,007		426,093
			9,840,820
Independent Power Producers & Energy Traders - 0.5%
AES Corp. (a)	147,189		2,321,171
Black Hills Corp.	11,850		433,118
Calpine Corp. (a)	112,045		57,143
Constellation Energy Group, Inc.	44,007		2,331,931
Duke Energy Corp.	215,904		5,799,181
Dynegy, Inc. Class A (a)	70,878		339,506
NRG Energy, Inc. (a)	18,415		804,183
Ormat Technologies, Inc.	697		17,460
TXU Corp.	52,552		5,393,412
			17,497,105
Multi-Utilities - 1.0%
Alliant Energy Corp.	23,954		679,096
Aquila, Inc. (a)	55,492		196,997
Avista Corp.	15,952		281,553
CenterPoint Energy, Inc.	65,332		863,689
CH Energy Group, Inc.	6,461		301,729
CMS Energy Corp. (a)	53,525		748,280
Consolidated Edison, Inc.	53,654		2,443,403
Dominion Resources, Inc.	81,189		6,166,305
DTE Energy Co.	33,622		1,467,264
Energy East Corp.	31,264		733,141
KeySpan Corp.	29,843		1,001,531
MDU Resources Group, Inc.	26,413		867,139
NiSource, Inc.	71,517		1,539,761
NorthWestern Energy Corp.	15,586		482,854
NSTAR	25,581		718,570
OGE Energy Corp.	25,698		687,678
PG&E Corp.	84,873		3,121,629
PNM Resources, Inc.	19,036		494,365
Public Service Enterprise Group, Inc.	55,867		3,503,978
Puget Energy, Inc.	30,052		624,481
SCANA Corp.	27,877		1,104,487
	Shares		Value
Sempra Energy	53,176		$2,337,085
TECO Energy, Inc.	45,359		793,329
Vectren Corp.	20,232		549,299
Wisconsin Energy Corp.	26,825		1,018,009
WPS Resources Corp.	11,330		609,327
Xcel Energy, Inc.	101,425		1,877,377
			35,212,356
Water Utilities - 0.1%
American States Water Co.	3,400		104,040
Aqua America, Inc.	19,247		711,947
Artesian Resources Corp. Class A	2,095		62,326
California Water Service Group	3,300		117,315
Middlesex Water Co.	2,742		52,235
SJW Corp.	3,300		168,300
Southwest Water Co.	6,003		81,401
			1,297,564
TOTAL UTILITIES			113,331,355
TOTAL COMMON STOCKS (Cost $2,963,299,384)		3,394,041,900

Nonconvertible Bonds - 0.0%
	Principal Amount
HEALTH CARE - 0.0%
Health Care Equipment & Supplies - 0.0%
Del Global Technologies Corp. 6% 3/28/07	$1,239	620
TOTAL NONCONVERTIBLE BONDS (Cost $997)		620
U.S. Treasury Obligations - 0.2%
U.S. Treasury Bills, yield at date of purchase 3.32% to 3.54% 12/22/05 (d) (Cost $5,987,796)	6,000,000	5,986,566

Money Market Funds - 5.7%
	Shares
Fidelity Cash Central Fund, 4.08% (b)	83,341,330		83,341,330
Fidelity Securities Lending Cash Central Fund, 4.09% (b)(c)	116,373,181		116,373,181
TOTAL MONEY MARKET FUNDS (Cost $199,714,511)		199,714,511

TOTAL INVESTMENT PORTFOLIO - 103.1% (Cost $3,169,002,688) 3,599,743,597

NET OTHER ASSETS - (3.1)%	(107,003,207)
NET ASSETS - 100%	$3,492,740,390

Futures Contracts
	Expiration Date	Underlying Face Amount at Value	Unrealized Appreciation/(Depreciation)
Purchased
Equity Index Contracts
174 Russell 1000 Mini Index Contracts	Dec. 2005	$11,798,940	$433,128
117 S&P 500 E-Mini Index Contracts	Dec. 2005	7,318,935	146,633
235 S&P 500 Index Contracts	Dec. 2005	73,502,125	1,972,686
80 S&P MidCap 400 E-Mini Index Contracts	Dec. 2005	5,876,800	232,447
TOTAL EQUITY INDEX CONTRACTS		$98,496,800	$2,784,894

The face value of futures purchased as a percentage of net assets - 2.8%

Swap Agreements
		Notional Amount	Value
Equity Total Return Swaps
Receive monthly a return equal to Plains All American Pipeline LP and pay monthly a floating rate based on 1-month LIBOR plus 40 basis points with Goldman Sachs	Sept. 2006	$453,700	$(57,301)

Legend

(a)Non-income producing

(b)Affiliated fund that is 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.

(c)Investment made with cash collateral received from securities on loan.

(d)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 $5,587,462.

Affiliated Central Funds

Information regarding income received by the fund from the affiliated Central funds during the period is as follows:

Fund	Income Received
Fidelity Cash Central Fund	$1,412,309
Fidelity Securities Lending Cash Central Fund	770,040
Total	$2,182,349

Income Tax Information

At November 30, 2005, the aggregate cost of investment securities for income tax purposes was $3,184,651,767. Net unrealized appreciation aggregated $415,091,830, of which $794,689,039 related to appreciated investment securities and $379,597,209 related to depreciated investment securities.

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR Corp. or an affiliate.

Quarterly Report

Quarterly Holdings Report

for

Spartan ® U.S. Equity Index Fund

November 30, 2005

UEI-QTLY-0106

1.810737.101

Investments November 30, 2005 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 98.8%
	Shares		Value (000s)
CONSUMER DISCRETIONARY - 10.8%
Auto Components - 0.2%
Cooper Tire & Rubber Co.	124,203		$1,827
Dana Corp.	304,993		2,126
Goodyear Tire & Rubber Co. (a)	357,110		6,117
Johnson Controls, Inc.	390,507		27,121
Visteon Corp. (a)	260,981		1,764
			38,955
Automobiles - 0.4%
Ford Motor Co.	3,758,313		30,555
General Motors Corp.	1,146,940		25,118
Harley-Davidson, Inc.	556,556		29,976
			85,649
Distributors - 0.1%
Genuine Parts Co.	353,027		15,643
Diversified Consumer Services - 0.1%
Apollo Group, Inc. Class A (a)	296,610		21,119
H&R Block, Inc.	658,448		16,092
			37,211
Hotels, Restaurants & Leisure - 1.5%
Carnival Corp. unit	875,356		47,698
Darden Restaurants, Inc.	272,448		9,748
Harrah's Entertainment, Inc.	372,390		25,356
Hilton Hotels Corp.	664,492		14,566
International Game Technology	691,748		20,303
Marriott International, Inc. Class A	347,227		22,434
McDonald's Corp.	2,535,321		85,821
Starbucks Corp. (a)	1,558,593		47,459
Starwood Hotels & Resorts Worldwide, Inc. unit	441,502		26,711
Wendy's International, Inc.	234,304		11,898
Yum! Brands, Inc.	578,870		28,243
			340,237
Household Durables - 0.7%
Black & Decker Corp.	163,189		14,330
Centex Corp.	260,297		18,702
D.R. Horton, Inc.	552,096		19,566
Fortune Brands, Inc.	296,072		23,082
KB Home	157,307		10,975
Leggett & Platt, Inc.	382,490		8,981
Lennar Corp. Class A	271,313		15,649
Common Stocks - continued
	Shares		Value (000s)
CONSUMER DISCRETIONARY - continued
Household Durables - continued
Maytag Corp.	161,971		$2,880
Newell Rubbermaid, Inc.	558,357		12,881
Pulte Homes, Inc.	435,098		18,113
Snap-On, Inc.	117,259		4,382
The Stanley Works	147,252		7,068
Whirlpool Corp.	135,478		11,089
			167,698
Internet & Catalog Retail - 0.6%
Amazon.com, Inc. (a)	621,338		30,110
eBay, Inc. (a)	2,251,666		100,897
			131,007
Leisure Equipment & Products - 0.2%
Brunswick Corp.	197,305		7,752
Eastman Kodak Co.	582,494		13,962
Hasbro, Inc.	363,046		7,413
Mattel, Inc.	818,779		13,633
			42,760
Media - 3.3%
Clear Channel Communications, Inc.	1,100,576		35,835
Comcast Corp. Class A (a)	4,453,825		117,581
Dow Jones & Co., Inc.	119,320		4,070
Gannett Co., Inc.	494,914		30,497
Interpublic Group of Companies, Inc. (a)	857,695		7,994
Knight-Ridder, Inc.	140,745		8,501
McGraw-Hill Companies, Inc.	758,132		40,219
Meredith Corp.	85,025		4,336
News Corp. Class A	4,968,378		73,582
Omnicom Group, Inc.	369,349		31,232
The New York Times Co. Class A	294,643		8,103
Time Warner, Inc.	9,520,599		171,180
Tribune Co.	537,765		17,192
Univision Communications, Inc. Class A (a)	466,890		14,114
Viacom, Inc. Class B (non-vtg.)	3,215,270		107,390
Walt Disney Co.	4,076,920		101,638
			773,464
Multiline Retail - 1.1%
Big Lots, Inc. (a)	230,889		2,838
Dillard's, Inc. Class A	130,561		2,738
Dollar General Corp.	651,031		12,311
Common Stocks - continued
	Shares		Value (000s)
CONSUMER DISCRETIONARY - continued
Multiline Retail - continued
Family Dollar Stores, Inc.	314,158		$7,072
Federated Department Stores, Inc.	537,757		34,648
JCPenney Co., Inc.	507,864		26,648
Kohl's Corp. (a)	699,044		32,156
Nordstrom, Inc.	449,069		16,562
Sears Holdings Corp. (a)	207,290		23,842
Target Corp.	1,794,255		96,011
			254,826
Specialty Retail - 2.2%
AutoNation, Inc. (a)	365,725		7,578
AutoZone, Inc. (a)	112,786		10,045
Bed Bath & Beyond, Inc. (a)	599,810		25,588
Best Buy Co., Inc.	821,014		39,606
Circuit City Stores, Inc.	333,629		6,983
Gap, Inc.	1,175,300		20,427
Home Depot, Inc.	4,340,966		181,366
Limited Brands, Inc.	708,122		15,756
Lowe's Companies, Inc.	1,581,288		106,705
Office Depot, Inc. (a)	641,620		19,043
OfficeMax, Inc.	143,431		4,185
RadioShack Corp.	272,350		6,212
Sherwin-Williams Co.	230,886		10,122
Staples, Inc.	1,490,432		34,429
Tiffany & Co., Inc.	288,875		11,757
TJX Companies, Inc.	944,974		21,177
			520,979
Textiles, Apparel & Luxury Goods - 0.4%
Coach, Inc. (a)	770,941		26,543
Jones Apparel Group, Inc.	240,133		6,906
Liz Claiborne, Inc.	217,657		7,592
NIKE, Inc. Class B	387,395		33,045
Reebok International Ltd.	106,611		6,139
VF Corp.	181,163		10,263
			90,488
TOTAL CONSUMER DISCRETIONARY			2,498,917
Common Stocks - continued
	Shares		Value (000s)
CONSUMER STAPLES - 9.4%
Beverages - 2.2%
Anheuser-Busch Companies, Inc.	1,575,447		$68,910
Brown-Forman Corp. Class B (non-vtg.)	168,289		11,588
Coca-Cola Enterprises, Inc.	611,312		11,749
Constellation Brands, Inc. Class A (sub. vtg.) (a)	397,480		9,388
Molson Coors Brewing Co. Class B	116,027		7,726
Pepsi Bottling Group, Inc.	281,592		8,307
PepsiCo, Inc.	3,386,710		200,493
The Coca-Cola Co.	4,211,275		179,779
			497,940
Food & Staples Retailing - 2.4%
Albertsons, Inc.	747,187		17,559
Costco Wholesale Corp.	971,894		48,575
CVS Corp.	1,648,718		44,548
Kroger Co. (a)	1,468,368		28,574
Safeway, Inc.	910,043		21,158
SUPERVALU, Inc.	275,617		9,018
Sysco Corp.	1,283,923		41,496
Wal-Mart Stores, Inc.	5,065,612		245,986
Walgreen Co.	2,073,598		94,722
			551,636
Food Products - 1.0%
Archer-Daniels-Midland Co.	1,319,384		31,098
Campbell Soup Co.	375,116		11,332
ConAgra Foods, Inc.	1,050,383		22,583
General Mills, Inc.	742,361		35,284
H.J. Heinz Co.	691,313		24,002
Hershey Co.	372,300		20,186
Kellogg Co.	519,558		22,897
McCormick & Co., Inc. (non-vtg.)	271,551		8,478
Sara Lee Corp.	1,591,210		28,737
Tyson Foods, Inc. Class A	509,778		8,580
Wm. Wrigley Jr. Co.	364,596		25,008
			238,185
Household Products - 2.3%
Clorox Co.	307,707		16,702
Colgate-Palmolive Co.	1,053,488		57,436
Kimberly-Clark Corp.	966,005		56,975
Procter & Gamble Co.	6,967,598		398,477
			529,590
Common Stocks - continued
	Shares		Value (000s)
CONSUMER STAPLES - continued
Personal Products - 0.1%
Alberto-Culver Co.	152,923		$6,649
Avon Products, Inc.	954,809		26,114
			32,763
Tobacco - 1.4%
Altria Group, Inc.	4,209,307		306,395
Reynolds American, Inc.	173,375		15,434
UST, Inc.	333,372		12,861
			334,690
TOTAL CONSUMER STAPLES			2,184,804
ENERGY - 9.1%
Energy Equipment & Services - 1.6%
Baker Hughes, Inc.	690,949		39,626
BJ Services Co.	653,770		23,961
Halliburton Co.	1,030,936		65,619
Nabors Industries Ltd. (a)	319,365		22,359
National Oilwell Varco, Inc. (a)	351,680		21,319
Noble Corp.	277,276		19,983
Rowan Companies, Inc.	220,892		7,926
Schlumberger Ltd. (NY Shares)	1,193,180		114,223
Transocean, Inc. (a)	666,814		42,569
Weatherford International Ltd. (a)	334,165		23,228
			380,813
Oil, Gas & Consumable Fuels - 7.5%
Amerada Hess Corp.	162,016		19,850
Anadarko Petroleum Corp.	479,348		43,434
Apache Corp.	666,960		43,539
Burlington Resources, Inc.	772,832		55,837
Chevron Corp.	4,567,304		261,752
ConocoPhillips	2,823,142		170,828
Devon Energy Corp.	919,206		55,336
El Paso Corp.	1,337,216		14,696
EOG Resources, Inc.	486,969		34,940
Exxon Mobil Corp.	12,787,922		742,083
Kerr-McGee Corp.	233,978		20,227
Kinder Morgan, Inc.	205,435		18,612
Marathon Oil Corp.	742,337		44,013
Murphy Oil Corp.	332,910		16,466
Common Stocks - continued
	Shares		Value (000s)
ENERGY - continued
Oil, Gas & Consumable Fuels - continued
Occidental Petroleum Corp.	810,863		$64,301
Sunoco, Inc.	277,035		21,387
Valero Energy Corp.	619,808		59,626
Williams Companies, Inc.	1,160,484		24,950
XTO Energy, Inc.	732,728		29,815
			1,741,692
TOTAL ENERGY			2,122,505
FINANCIALS - 20.9%
Capital Markets - 3.2%
Ameriprise Financial, Inc.	503,352		21,166
Bank of New York Co., Inc.	1,578,790		51,153
Bear Stearns Companies, Inc.	228,127		25,320
Charles Schwab Corp.	2,107,797		32,144
E*TRADE Financial Corp. (a)	824,871		16,101
Federated Investors, Inc. Class B (non-vtg.)	171,809		6,278
Franklin Resources, Inc.	301,090		27,965
Goldman Sachs Group, Inc.	943,078		121,619
Janus Capital Group, Inc.	452,057		8,666
Lehman Brothers Holdings, Inc.	551,948		69,545
Mellon Financial Corp.	848,111		28,530
Merrill Lynch & Co., Inc.	1,878,797		124,790
Morgan Stanley	2,202,835		123,425
Northern Trust Corp.	376,445		19,835
State Street Corp.	671,094		38,715
T. Rowe Price Group, Inc.	263,216		18,938
			734,190
Commercial Banks - 5.7%
AmSouth Bancorp.	710,750		18,899
Bank of America Corp.	8,149,069		373,961
BB&T Corp.	1,110,457		47,250
Comerica, Inc.	339,256		19,565
Compass Bancshares, Inc.	252,212		12,222
Fifth Third Bancorp	1,127,937		45,422
First Horizon National Corp.	253,748		9,876
Huntington Bancshares, Inc.	468,146		11,217
KeyCorp	830,148		27,528
M&T Bank Corp.	163,865		17,733
Marshall & Ilsley Corp.	420,228		18,061
Common Stocks - continued
	Shares		Value (000s)
FINANCIALS - continued
Commercial Banks - continued
National City Corp.	1,153,365		$39,111
North Fork Bancorp, Inc., New York	970,294		26,198
PNC Financial Services Group, Inc.	589,709		37,606
Regions Financial Corp. New	933,966		31,465
SunTrust Banks, Inc.	735,287		53,485
Synovus Financial Corp.	632,320		17,800
U.S. Bancorp, Delaware	3,706,807		112,242
Wachovia Corp.	3,199,128		170,833
Wells Fargo & Co.	3,423,629		215,175
Zions Bancorp	182,694		13,817
			1,319,466
Consumer Finance - 1.3%
American Express Co.	2,516,761		129,412
Capital One Financial Corp.	585,520		48,633
MBNA Corp.	2,551,134		68,294
SLM Corp.	846,839		44,501
			290,840
Diversified Financial Services - 3.7%
CIT Group, Inc.	409,101		20,250
Citigroup, Inc.	10,485,838		509,087
JPMorgan Chase & Co.	7,124,669		272,519
Moody's Corp.	512,634		30,835
Principal Financial Group, Inc.	567,284		28,744
			861,435
Insurance - 4.7%
ACE Ltd.	642,891		35,680
AFLAC, Inc.	1,017,536		48,842
Allstate Corp.	1,332,082		74,730
AMBAC Financial Group, Inc.	216,943		16,637
American International Group, Inc.	5,263,281		353,377
Aon Corp.	646,018		23,522
Cincinnati Financial Corp.	354,511		15,786
Hartford Financial Services Group, Inc.	607,400		53,069
Jefferson-Pilot Corp.	273,336		15,184
Lincoln National Corp.	349,838		18,185
Loews Corp.	274,936		26,553
Marsh & McLennan Companies, Inc.	1,085,632		33,535
MBIA, Inc.	271,865		16,796
MetLife, Inc.	1,534,282		78,923
Common Stocks - continued
	Shares		Value (000s)
FINANCIALS - continued
Insurance - continued
Progressive Corp.	399,977		$49,193
Prudential Financial, Inc.	1,040,455		80,531
SAFECO Corp.	253,690		14,270
The Chubb Corp.	402,267		38,956
The St. Paul Travelers Companies, Inc.	1,369,983		63,745
Torchmark Corp.	211,590		11,451
UnumProvident Corp.	604,167		13,292
XL Capital Ltd. Class A	284,756		18,902
			1,101,159
Real Estate - 0.7%
Apartment Investment & Management Co. Class A	193,703		7,502
Archstone-Smith Trust	429,469		17,956
Equity Office Properties Trust	832,713		25,964
Equity Residential (SBI)	582,379		23,738
Plum Creek Timber Co., Inc.	373,120		14,537
ProLogis Trust	500,998		22,725
Public Storage, Inc.	167,630		11,835
Simon Property Group, Inc.	371,334		28,708
Vornado Realty Trust	239,120		20,409
			173,374
Thrifts & Mortgage Finance - 1.6%
Countrywide Financial Corp.	1,205,962		41,980
Fannie Mae	1,963,080		94,326
Freddie Mac	1,401,470		87,522
Golden West Financial Corp., Delaware	518,242		33,577
MGIC Investment Corp.	188,710		12,285
Sovereign Bancorp, Inc.	733,530		16,035
Washington Mutual, Inc.	2,023,242		83,337
			369,062
TOTAL FINANCIALS			4,849,526
HEALTH CARE - 12.6%
Biotechnology - 1.5%
Amgen, Inc. (a)	2,502,379		202,518
Applera Corp. - Applied Biosystems Group	396,176		10,927
Biogen Idec, Inc. (a)	686,207		29,377
Chiron Corp. (a)	221,011		9,791
Genzyme Corp. (a)	520,578		38,700
Common Stocks - continued
	Shares		Value (000s)
HEALTH CARE - continued
Biotechnology - continued
Gilead Sciences, Inc. (a)	924,703		$46,873
MedImmune, Inc. (a)	499,605		17,941
			356,127
Health Care Equipment & Supplies - 2.1%
Bausch & Lomb, Inc.	109,054		8,862
Baxter International, Inc.	1,262,556		49,101
Becton, Dickinson & Co.	506,932		29,519
Biomet, Inc.	506,162		18,029
Boston Scientific Corp. (a)	1,197,710		31,715
C.R. Bard, Inc.	213,557		13,853
Fisher Scientific International, Inc. (a)	247,276		15,944
Guidant Corp.	669,368		41,287
Hospira, Inc. (a)	324,277		14,317
Medtronic, Inc.	2,456,258		136,494
Millipore Corp. (a)	104,573		6,678
PerkinElmer, Inc.	264,178		6,026
St. Jude Medical, Inc. (a)	739,473		35,325
Stryker Corp.	589,236		25,514
Thermo Electron Corp. (a)	327,782		10,112
Waters Corp. (a)	233,250		9,150
Zimmer Holdings, Inc. (a)	501,657		31,439
			483,365
Health Care Providers & Services - 3.0%
Aetna, Inc.	588,074		54,391
AmerisourceBergen Corp.	210,519		16,915
Cardinal Health, Inc.	865,698		55,361
Caremark Rx, Inc. (a)	912,672		46,902
CIGNA Corp.	260,759		29,341
Coventry Health Care, Inc. (a)	326,669		19,460
Express Scripts, Inc. (a)	301,446		25,460
HCA, Inc.	858,350		43,767
Health Management Associates, Inc. Class A	501,345		11,741
Humana, Inc. (a)	329,414		15,097
IMS Health, Inc.	457,905		11,196
Laboratory Corp. of America Holdings (a)	274,043		14,220
Manor Care, Inc.	160,406		6,325
McKesson Corp.	625,388		31,457
Medco Health Solutions, Inc. (a)	617,352		33,121
Patterson Companies, Inc. (a)	279,498		9,766
Common Stocks - continued
	Shares		Value (000s)
HEALTH CARE - continued
Health Care Providers & Services - continued
Quest Diagnostics, Inc.	337,591		$16,910
Tenet Healthcare Corp. (a)	950,330		7,432
UnitedHealth Group, Inc.	2,561,865		153,353
WellPoint, Inc. (a)	1,244,526		95,617
			697,832
Pharmaceuticals - 6.0%
Abbott Laboratories	3,152,631		118,886
Allergan, Inc.	265,253		26,525
Bristol-Myers Squibb Co.	3,966,833		85,644
Eli Lilly & Co.	2,299,575		116,129
Forest Laboratories, Inc. (a)	689,354		26,933
Johnson & Johnson	6,033,206		372,550
King Pharmaceuticals, Inc. (a)	490,287		7,712
Merck & Co., Inc.	4,453,031		130,919
Mylan Laboratories, Inc.	443,363		9,262
Pfizer, Inc.	14,948,680		316,912
Schering-Plough Corp.	2,994,358		57,851
Watson Pharmaceuticals, Inc. (a)	211,397		7,052
Wyeth	2,720,143		113,049
			1,389,424
TOTAL HEALTH CARE			2,926,748
INDUSTRIALS - 11.2%
Aerospace & Defense - 2.2%
General Dynamics Corp.	407,705		46,601
Goodrich Corp.	246,553		9,497
Honeywell International, Inc.	1,734,389		63,375
L-3 Communications Holdings, Inc.	240,690		17,931
Lockheed Martin Corp.	738,054		44,726
Northrop Grumman Corp.	724,248		41,550
Raytheon Co.	915,395		35,169
Rockwell Collins, Inc.	358,341		16,376
The Boeing Co.	1,664,324		113,490
United Technologies Corp.	2,078,392		111,901
			500,616
Air Freight & Logistics - 1.0%
FedEx Corp.	614,187		59,957
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Air Freight & Logistics - continued
Ryder System, Inc.	130,237		$5,526
United Parcel Service, Inc. Class B	2,245,723		174,942
			240,425
Airlines - 0.1%
Southwest Airlines Co.	1,405,117		23,184
Building Products - 0.2%
American Standard Companies, Inc.	372,000		14,166
Masco Corp.	872,927		25,987
			40,153
Commercial Services & Supplies - 0.7%
Allied Waste Industries, Inc. (a)	442,524		3,722
Avery Dennison Corp.	224,036		13,171
Cendant Corp.	2,122,130		37,710
Cintas Corp.	279,941		12,519
Equifax, Inc.	264,162		10,117
Monster Worldwide, Inc. (a)	247,011		9,609
Pitney Bowes, Inc.	464,163		19,337
R.R. Donnelley & Sons Co.	435,450		14,892
Robert Half International, Inc.	343,395		13,138
Waste Management, Inc.	1,140,040		34,099
			168,314
Construction & Engineering - 0.1%
Fluor Corp.	175,914		13,035
Electrical Equipment - 0.5%
American Power Conversion Corp.	346,846		7,773
Cooper Industries Ltd. Class A	187,845		13,664
Emerson Electric Co.	837,826		63,348
Rockwell Automation, Inc.	368,319		20,784
			105,569
Industrial Conglomerates - 4.4%
3M Co.	1,551,701		121,777
General Electric Co.	21,500,319		767,993
Textron, Inc.	271,303		21,406
Tyco International Ltd.	4,104,770		117,068
			1,028,244
Machinery - 1.4%
Caterpillar, Inc.	1,372,624		79,310
Cummins, Inc.	94,278		8,391
Common Stocks - continued
	Shares		Value (000s)
INDUSTRIALS - continued
Machinery - continued
Danaher Corp.	481,939		$26,748
Deere & Co.	489,182		33,925
Dover Corp.	410,693		16,613
Eaton Corp.	298,953		19,049
Illinois Tool Works, Inc.	423,404		37,374
Ingersoll-Rand Co. Ltd. Class A	684,132		27,112
ITT Industries, Inc.	188,036		20,451
Navistar International Corp. (a)	125,127		3,550
PACCAR, Inc.	347,697		24,986
Pall Corp.	252,287		7,003
Parker Hannifin Corp.	242,746		16,606
			321,118
Road & Rail - 0.6%
Burlington Northern Santa Fe Corp.	757,392		50,124
CSX Corp.	440,033		21,403
Norfolk Southern Corp.	820,468		36,298
Union Pacific Corp.	534,982		40,948
			148,773
Trading Companies & Distributors - 0.0%
W.W. Grainger, Inc.	153,615		10,788
TOTAL INDUSTRIALS			2,600,219
INFORMATION TECHNOLOGY - 15.4%
Communications Equipment - 2.8%
ADC Telecommunications, Inc. (a)	236,285		4,827
Andrew Corp. (a)	329,483		3,601
Avaya, Inc. (a)	860,179		10,253
CIENA Corp. (a)	1,172,212		3,505
Cisco Systems, Inc. (a)	12,961,422		227,343
Comverse Technology, Inc. (a)	408,268		10,701
Corning, Inc. (a)	2,985,602		60,458
JDS Uniphase Corp. (a)	3,342,708		8,591
Lucent Technologies, Inc. (a)	9,014,940		25,152
Motorola, Inc.	5,007,670		120,635
QUALCOMM, Inc.	3,306,773		150,359
Scientific-Atlanta, Inc.	310,725		13,150
Tellabs, Inc. (a)	907,608		9,312
			647,887
Common Stocks - continued
	Shares		Value (000s)
INFORMATION TECHNOLOGY - continued
Computers & Peripherals - 3.8%
Apple Computer, Inc. (a)	1,683,041		$114,144
Dell, Inc. (a)	4,862,422		146,651
EMC Corp. (a)	4,889,194		68,106
Gateway, Inc. (a)	534,479		1,625
Hewlett-Packard Co.	5,810,706		172,404
International Business Machines Corp.	3,236,547		287,729
Lexmark International, Inc. Class A (a)	240,793		11,467
NCR Corp. (a)	376,835		12,794
Network Appliance, Inc. (a)	746,233		21,730
QLogic Corp. (a)	163,201		5,395
Sun Microsystems, Inc. (a)	6,916,172		26,074
			868,119
Electronic Equipment & Instruments - 0.3%
Agilent Technologies, Inc. (a)	1,002,281		35,741
Jabil Circuit, Inc. (a)	348,781		11,552
Molex, Inc.	293,920		7,874
Sanmina-SCI Corp. (a)	1,066,049		4,413
Solectron Corp. (a)	1,852,936		6,652
Symbol Technologies, Inc.	492,935		5,634
Tektronix, Inc.	171,369		4,385
			76,251
Internet Software & Services - 0.5%
Yahoo!, Inc. (a)	2,543,269		102,316
IT Services - 1.0%
Affiliated Computer Services, Inc. Class A (a)	254,759		14,210
Automatic Data Processing, Inc.	1,176,749		55,307
Computer Sciences Corp. (a)	374,776		18,825
Convergys Corp. (a)	284,051		4,715
Electronic Data Systems Corp.	1,052,500		24,260
First Data Corp.	1,564,846		67,711
Fiserv, Inc. (a)	381,537		17,364
Paychex, Inc.	675,472		28,647
Sabre Holdings Corp. Class A	265,928		6,082
Unisys Corp. (a)	690,695		4,248
			241,369
Office Electronics - 0.1%
Xerox Corp. (a)	1,945,989		27,633
Semiconductors & Semiconductor Equipment - 3.3%
Advanced Micro Devices, Inc. (a)	807,939		21,152
Common Stocks - continued
	Shares		Value (000s)
INFORMATION TECHNOLOGY - continued
Semiconductors & Semiconductor Equipment - continued
Altera Corp. (a)	755,615		$13,798
Analog Devices, Inc.	755,300		28,641
Applied Materials, Inc.	3,290,696		59,595
Applied Micro Circuits Corp. (a)	619,549		1,636
Broadcom Corp. Class A (a)	573,337		26,683
Freescale Semiconductor, Inc. Class B (a)	821,602		21,197
Intel Corp.	12,357,681		329,703
KLA-Tencor Corp.	400,739		20,514
Linear Technology Corp.	622,228		23,215
LSI Logic Corp. (a)	792,446		6,506
Maxim Integrated Products, Inc.	665,043		24,307
Micron Technology, Inc. (a)	1,249,624		17,820
National Semiconductor Corp.	696,180		18,017
Novellus Systems, Inc. (a)	281,103		6,935
NVIDIA Corp. (a)	342,136		12,375
PMC-Sierra, Inc. (a)	369,621		2,909
Teradyne, Inc. (a)	399,047		5,838
Texas Instruments, Inc.	3,291,838		106,919
Xilinx, Inc.	708,833		18,742
			766,502
Software - 3.6%
Adobe Systems, Inc.	997,032		32,513
Autodesk, Inc. (a)	463,235		19,326
BMC Software, Inc. (a)	442,035		9,057
Citrix Systems, Inc. (a)	345,569		9,379
Computer Associates International, Inc.	939,705		26,791
Compuware Corp. (a)	787,066		7,265
Electronic Arts, Inc. (a)	615,592		34,695
Intuit, Inc. (a)	367,588		19,692
Mercury Interactive Corp. (a)	175,646		4,883
Microsoft Corp.	18,685,446		517,774
Novell, Inc. (a)	774,744		6,028
Oracle Corp. (a)	7,648,898		96,147
Parametric Technology Corp. (a)	552,299		3,231
Siebel Systems, Inc.	1,059,385		11,124
Symantec Corp. (a)	2,193,423		38,758
			836,663
TOTAL INFORMATION TECHNOLOGY			3,566,740
Common Stocks - continued
	Shares		Value (000s)
MATERIALS - 3.0%
Chemicals - 1.5%
Air Products & Chemicals, Inc.	449,639		$26,605
Ashland, Inc.	150,491		8,390
Dow Chemical Co.	1,956,353		88,525
E.I. du Pont de Nemours & Co.	1,863,981		79,685
Eastman Chemical Co.	165,252		9,143
Ecolab, Inc.	373,465		12,425
Engelhard Corp.	243,645		7,188
Hercules, Inc. (a)	228,724		2,690
International Flavors & Fragrances, Inc.	165,612		5,389
Monsanto Co.	544,842		39,921
PPG Industries, Inc.	344,577		20,926
Praxair, Inc.	655,746		34,099
Rohm & Haas Co.	294,838		12,914
Sigma Aldrich Corp.	136,900		9,041
			356,941
Construction Materials - 0.1%
Vulcan Materials Co.	207,461		13,838
Containers & Packaging - 0.2%
Ball Corp.	221,353		9,124
Bemis Co., Inc.	216,828		5,974
Pactiv Corp. (a)	303,754		6,148
Sealed Air Corp. (a)	168,083		8,692
Temple-Inland, Inc.	229,149		9,594
			39,532
Metals & Mining - 0.7%
Alcoa, Inc.	1,769,409		48,500
Allegheny Technologies, Inc.	170,630		5,627
Freeport-McMoRan Copper & Gold, Inc. Class B	359,683		18,743
Newmont Mining Corp.	904,987		41,738
Nucor Corp.	316,872		21,256
Phelps Dodge Corp.	196,635		26,677
United States Steel Corp.	231,712		11,029
			173,570
Paper & Forest Products - 0.5%
Georgia-Pacific Corp.	527,766		24,958
International Paper Co.	994,819		31,367
Louisiana-Pacific Corp.	224,834		6,064
Common Stocks - continued
	Shares		Value (000s)
MATERIALS - continued
Paper & Forest Products - continued
MeadWestvaco Corp.	373,169		$10,445
Weyerhaeuser Co.	496,824		32,944
			105,778
TOTAL MATERIALS			689,659
TELECOMMUNICATION SERVICES - 3.1%
Diversified Telecommunication Services - 2.2%
AT&T, Inc.	7,968,764		198,502
BellSouth Corp.	3,716,319		101,307
CenturyTel, Inc.	263,574		8,724
Citizens Communications Co.	696,008		9,083
Qwest Communications International, Inc. (a)	3,093,072		16,208
Verizon Communications, Inc.	5,608,313		179,354
			513,178
Wireless Telecommunication Services - 0.9%
ALLTEL Corp.	774,336		51,749
Sprint Nextel Corp.	5,948,712		148,956
			200,705
TOTAL TELECOMMUNICATION SERVICES			713,883
UTILITIES - 3.3%
Electric Utilities - 1.7%
Allegheny Energy, Inc. (a)	330,066		9,186
Ameren Corp.	413,275		21,680
American Electric Power Co., Inc.	797,423		29,138
Cinergy Corp.	403,366		16,570
Edison International	660,802		29,815
Entergy Corp.	421,006		29,470
Exelon Corp.	1,360,010		70,775
FirstEnergy Corp.	668,965		31,415
FPL Group, Inc.	799,136		33,875
Pinnacle West Capital Corp.	200,305		8,311
PPL Corp.	769,710		22,629
Progress Energy, Inc.	509,533		22,817
Southern Co.	1,514,667		52,574
			378,255
Common Stocks - continued
	Shares		Value (000s)
UTILITIES - continued
Gas Utilities - 0.0%
Nicor, Inc.	89,540		$3,591
Peoples Energy Corp.	77,354		2,779
			6,370
Independent Power Producers & Energy Traders - 0.6%
AES Corp. (a)	1,324,754		20,891
Calpine Corp. (a)	1,151,933		587
Constellation Energy Group, Inc.	360,970		19,128
Duke Energy Corp.	1,878,871		50,466
Dynegy, Inc. Class A (a)	611,041		2,927
TXU Corp.	486,882		49,969
			143,968
Multi-Utilities - 1.0%
CenterPoint Energy, Inc.	627,822		8,300
CMS Energy Corp. (a)	444,717		6,217
Consolidated Edison, Inc.	495,587		22,569
Dominion Resources, Inc.	691,187		52,496
DTE Energy Co.	360,689		15,740
KeySpan Corp.	353,473		11,863
NiSource, Inc.	552,658		11,899
PG&E Corp.	692,428		25,468
Public Service Enterprise Group, Inc.	484,783		30,406
Sempra Energy	519,503		22,832
TECO Energy, Inc.	421,573		7,373
Xcel Energy, Inc.	816,840		15,120
			230,283
TOTAL UTILITIES			758,876
TOTAL COMMON STOCKS (Cost $16,771,876)		22,911,877

U.S. Treasury Obligations - 0.1%
	Principal Amount (000s)
U.S. Treasury Bills, yield at date of purchase 3.32% 12/22/05 (d) (Cost $19,960)	$20,000	19,955

Money Market Funds - 2.3%
	Shares		Value (000s)
Fidelity Cash Central Fund, 4.08% (b)	197,492,887		$197,493
Fidelity Securities Lending Cash Central Fund, 4.09% (b)(c)	329,453,882		329,454
TOTAL MONEY MARKET FUNDS (Cost $526,947)		526,947
TOTAL INVESTMENT PORTFOLIO - 101.2% (Cost $17,318,783)		23,458,779
NET OTHER ASSETS - (1.2)%			(271,506)
NET ASSETS - 100%		$23,187,273

Futures Contracts
	Expiration Date	Underlying Face Amount at Value (000s)	Unrealized Appreciation/ (Depreciation) (000s)
Purchased
Equity Index Contracts
887 S&P 500 Index Contracts	Dec. 2005	$277,431	$4,804

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

Legend

(a)Non-income producing

(b)Affiliated fund that is 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.

(c)Investment made with cash collateral received from securities on loan.

(d)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 $16,962,000.

Affiliated Central Funds

Information regarding income received by the fund from the affiliated Central funds during the period is as follows:

Fund (Amount in thousands)	Income Received
Fidelity Cash Central Fund	$5,820
Fidelity Securities Lending Cash Central Fund	996
Total	$6,816

Income Tax Information

At November 30, 2005, the aggregate cost of investment securities for income tax purposes was $17,484,630,000. Net unrealized appreciation aggregated $5,974,149,000, of which $8,111,976,000 related to appreciated investment securities and $2,137,827,000 related to depreciated investment securities.

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please

see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR Corp.

or an affiliate.

Quarterly Report

Item 2. Controls and Procedures

(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Concord Street Trust's (the "Trust") 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 Trust's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trust's internal control over financial reporting.

Item 3. Exhibits

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.

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/Christine Reynolds
	Christine Reynolds
	President and Treasurer
Date:	January 20, 2006

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/Christine Reynolds
	Christine Reynolds
	President and Treasurer
Date:	January 20, 2006

By:	/s/Paul M. Murphy
	Paul M. Murphy
	Chief Financial Officer
Date:	January 20, 2006