UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-5251
Fidelity Concord Street Trust
(Exact name of registrant as specified in charter)
245 Summer St., Boston, Massachusetts 02210
(Address of principal executive offices) (Zip code)
William C. Coffey, Secretary
245 Summer St.
Boston, Massachusetts 02210
(Name and address of agent for service)
Registrant's telephone number, including area code:
617-563-7000
Date of fiscal year end: | October 31 |
|
|
Date of reporting period: | October 31, 2018 |
Item 1.
Reports to Stockholders
Fidelity® Series International Index Fund Annual Report October 31, 2018 |
|
Contents
Board Approval of Investment Advisory Contracts and Management Fees |
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2018 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SECs web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SECs Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE
Neither the Fund nor Fidelity Distributors Corporation is a bank.
Investment Summary (Unaudited)
Top Ten Stocks as of October 31, 2018
% of fund's net assets | |
Nestle SA (Reg. S) (Switzerland, Food Products) | 1.9 |
Novartis AG (Switzerland, Pharmaceuticals) | 1.4 |
Roche Holding AG (participation certificate) (Switzerland, Pharmaceuticals) | 1.3 |
HSBC Holdings PLC (United Kingdom) (United Kingdom, Banks) | 1.2 |
Royal Dutch Shell PLC Class A (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels) | 1.1 |
BP PLC (United Kingdom, Oil, Gas & Consumable Fuels) | 1.1 |
Total SA (France, Oil, Gas & Consumable Fuels) | 1.0 |
Toyota Motor Corp. (Japan, Automobiles) | 1.0 |
Royal Dutch Shell PLC Class B (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels) | 0.9 |
SAP SE (Germany, Software) | 0.8 |
11.7 |
Top Market Sectors as of October 31, 2018
% of fund's net assets | |
Financials | 19.1 |
Industrials | 13.5 |
Consumer Staples | 11.5 |
Health Care | 11.0 |
Consumer Discretionary | 9.9 |
Materials | 7.6 |
Energy | 6.1 |
Information Technology | 5.9 |
Communication Services | 5.0 |
Real Estate | 3.1 |
Geographic Diversification (% of fund's net assets)
As of October 31, 2018 | ||
Japan | 23.7% | |
United Kingdom | 15.7% | |
France | 9.8% | |
Germany | 8.8% | |
Switzerland | 8.4% | |
Australia | 6.5% | |
Netherlands | 4.3% | |
United States of America* | 3.4% | |
Spain | 2.9% | |
Other | 16.5% |
* Includes Short-Term investments and Net Other Assets (Liabilities).
Percentages are based on country or territory of incorporation and are adjusted for the effect of futures contracts, if applicable.
Asset Allocation as of October 31, 2018
% of fund's net assets | |
Stocks and Equity Futures | 99.4 |
Short-Term Investments and Net Other Assets (Liabilities) | 0.6 |
Schedule of Investments October 31, 2018
Showing Percentage of Net Assets
Common Stocks - 96.0% | |||
Shares | Value | ||
Australia - 6.5% | |||
AGL Energy Ltd. | 434 | $5,532 | |
Alumina Ltd. | 1,620 | 2,925 | |
Amcor Ltd. | 766 | 7,214 | |
AMP Ltd. | 1,931 | 3,378 | |
APA Group unit | 781 | 5,309 | |
Aristocrat Leisure Ltd. | 380 | 7,131 | |
ASX Ltd. | 169 | 7,081 | |
Aurizon Holdings Ltd. | 1,317 | 3,917 | |
Australia & New Zealand Banking Group Ltd. | 2,063 | 37,881 | |
Bank of Queensland Ltd. | 263 | 1,797 | |
Bendigo & Adelaide Bank Ltd. | 322 | 2,333 | |
BHP Billiton Ltd. | 2,281 | 52,631 | |
BlueScope Steel Ltd. | 364 | 3,704 | |
Boral Ltd. | 776 | 3,083 | |
Brambles Ltd. | 1,053 | 7,919 | |
Caltex Australia Ltd. | 173 | 3,462 | |
Challenger Ltd. | 364 | 2,645 | |
Cimic Group Ltd. | 64 | 2,143 | |
Coca-Cola Amatil Ltd. | 335 | 2,351 | |
Cochlear Ltd. | 38 | 4,779 | |
Commonwealth Bank of Australia | 1,246 | 61,085 | |
Computershare Ltd. | 305 | 4,270 | |
Crown Ltd. | 251 | 2,224 | |
CSL Ltd. | 321 | 42,735 | |
DEXUS Property Group unit | 673 | 4,861 | |
Dominos Pizza Enterprises Ltd. | 40 | 1,530 | |
Flight Centre Travel Group Ltd. | 37 | 1,216 | |
Fortescue Metals Group Ltd. | 1,030 | 2,918 | |
Goodman Group unit | 1,288 | 9,468 | |
Harvey Norman Holdings Ltd. | 369 | 834 | |
Healthscope Ltd. | 1,151 | 1,720 | |
Incitec Pivot Ltd. | 1,099 | 3,035 | |
Insurance Australia Group Ltd. | 1,529 | 7,395 | |
Lendlease Group unit | 382 | 4,761 | |
Macquarie Group Ltd. | 236 | 19,587 | |
Medibank Private Ltd. | 1,823 | 3,602 | |
Mirvac Group unit | 2,456 | 3,774 | |
National Australia Bank Ltd. | 1,951 | 34,941 | |
Newcrest Mining Ltd. | 508 | 7,414 | |
Orica Ltd. | 250 | 3,038 | |
Origin Energy Ltd. (a) | 1,164 | 6,009 | |
QBE Insurance Group Ltd. | 897 | 7,191 | |
Ramsay Health Care Ltd. | 94 | 3,742 | |
realestate.com.au Ltd. | 35 | 1,775 | |
Rio Tinto Ltd. | 303 | 16,393 | |
Santos Ltd. | 1,172 | 5,511 | |
Scentre Group unit | 4,055 | 11,429 | |
SEEK Ltd. | 221 | 2,795 | |
Sonic Healthcare Ltd. | 267 | 4,264 | |
South32 Ltd. | 3,394 | 8,701 | |
SP AusNet | 1,196 | 1,448 | |
Stockland Corp. Ltd. unit | 1,611 | 4,118 | |
Suncorp Group Ltd. | 999 | 9,911 | |
Sydney Airport unit | 731 | 3,334 | |
Tabcorp Holdings Ltd. | 1,266 | 4,142 | |
Telstra Corp. Ltd. | 2,755 | 6,009 | |
The GPT Group unit | 1,194 | 4,363 | |
TPG Telecom Ltd. | 246 | 1,249 | |
Transurban Group unit | 1,730 | 13,893 | |
Treasury Wine Estates Ltd. | 476 | 5,097 | |
Vicinity Centres unit | 2,178 | 4,087 | |
Wesfarmers Ltd. | 822 | 27,137 | |
Westpac Banking Corp. | 2,429 | 46,141 | |
Woodside Petroleum Ltd. | 693 | 17,103 | |
Woolworths Group Ltd. | 980 | 19,730 | |
TOTAL AUSTRALIA | 623,195 | ||
Austria - 0.2% | |||
Andritz AG | 48 | 2,488 | |
Erste Group Bank AG | 199 | 8,114 | |
OMV AG | 97 | 5,398 | |
Raiffeisen International Bank-Holding AG | 98 | 2,675 | |
Voestalpine AG | 76 | 2,702 | |
TOTAL AUSTRIA | 21,377 | ||
Bailiwick of Jersey - 1.2% | |||
Experian PLC | 668 | 15,363 | |
Ferguson PLC | 173 | 11,682 | |
Glencore Xstrata PLC | 8,174 | 33,313 | |
Randgold Resources Ltd. | 62 | 4,877 | |
Shire PLC | 646 | 38,987 | |
WPP PLC | 899 | 10,173 | |
TOTAL BAILIWICK OF JERSEY | 114,395 | ||
Belgium - 0.9% | |||
Ageas | 121 | 6,059 | |
Anheuser-Busch InBev SA NV | 538 | 39,791 | |
Colruyt NV | 40 | 2,325 | |
Groupe Bruxelles Lambert SA | 53 | 4,933 | |
KBC Groep NV | 187 | 12,899 | |
Proximus | 101 | 2,580 | |
Solvay SA Class A | 49 | 5,586 | |
Telenet Group Holding NV | 35 | 1,700 | |
UCB SA | 84 | 7,058 | |
Umicore SA | 139 | 6,548 | |
TOTAL BELGIUM | 89,479 | ||
Bermuda - 0.3% | |||
Cheung Kong Infrastructure Holdings Ltd. | 500 | 3,653 | |
Dairy Farm International Holdings Ltd. | 200 | 1,806 | |
Hongkong Land Holdings Ltd. | 800 | 4,736 | |
Jardine Matheson Holdings Ltd. | 200 | 11,542 | |
Jardine Strategic Holdings Ltd. | 100 | 3,350 | |
Kerry Properties Ltd. | 500 | 1,572 | |
Li & Fung Ltd. | 4,000 | 791 | |
NWS Holdings Ltd. | 1,000 | 1,979 | |
Shangri-La Asia Ltd. | 2,000 | 2,729 | |
Yue Yuen Industrial (Holdings) Ltd. | 500 | 1,368 | |
TOTAL BERMUDA | 33,526 | ||
Cayman Islands - 0.6% | |||
ASM Pacific Technology Ltd. | 200 | 1,727 | |
Cheung Kong Property Holdings Ltd. | 2,000 | 12,981 | |
CK Hutchison Holdings Ltd. | 2,000 | 20,135 | |
Melco Crown Entertainment Ltd. sponsored ADR | 164 | 2,727 | |
MGM China Holdings Ltd. | 800 | 1,130 | |
Sands China Ltd. | 1,600 | 6,305 | |
WH Group Ltd. (b) | 6,000 | 4,200 | |
Wharf Real Estate Investment Co. Ltd. | 1,000 | 6,191 | |
Wynn Macau Ltd. | 1,200 | 2,476 | |
TOTAL CAYMAN ISLANDS | 57,872 | ||
Denmark - 1.6% | |||
A.P. Moller - Maersk A/S: | |||
Series A | 3 | 3,571 | |
Series B | 5 | 6,311 | |
Carlsberg A/S Series B | 84 | 9,266 | |
Christian Hansen Holding A/S | 65 | 6,570 | |
Coloplast A/S Series B | 79 | 7,376 | |
Danske Bank A/S | 515 | 9,879 | |
DONG Energy A/S (b) | 125 | 7,942 | |
DSV de Sammensluttede Vognmaend A/S | 138 | 11,095 | |
Genmab A/S (a) | 41 | 5,617 | |
H Lundbeck A/S | 46 | 2,148 | |
ISS Holdings A/S | 111 | 3,650 | |
Novo Nordisk A/S Series B | 1,283 | 55,408 | |
Novozymes A/S Series B | 174 | 8,598 | |
Pandora A/S | 73 | 4,567 | |
Tryg A/S | 80 | 1,934 | |
Vestas Wind Systems A/S | 129 | 8,090 | |
William Demant Holding A/S (a) | 67 | 2,205 | |
TOTAL DENMARK | 154,227 | ||
Finland - 1.2% | |||
Elisa Corp. (A Shares) | 94 | 3,742 | |
Fortum Corp. | 294 | 6,192 | |
Kone Oyj (B Shares) | 244 | 11,889 | |
Metso Corp. | 105 | 3,319 | |
Neste Oyj | 85 | 7,005 | |
Nokia Corp. | 4,013 | 22,668 | |
Nokian Tyres PLC | 102 | 3,244 | |
Nordea Bank ABP (a) | 2,190 | 19,047 | |
Orion Oyj (B Shares) | 69 | 2,376 | |
Sampo Oyj (A Shares) | 322 | 14,829 | |
Stora Enso Oyj (R Shares) | 365 | 5,501 | |
UPM-Kymmene Corp. | 392 | 12,614 | |
Wartsila Corp. | 352 | 6,002 | |
TOTAL FINLAND | 118,428 | ||
France - 9.8% | |||
Accor SA | 124 | 5,677 | |
Aeroports de Paris | 20 | 4,189 | |
Air Liquide SA | 308 | 37,328 | |
Alstom SA | 97 | 4,246 | |
Amundi SA (b) | 40 | 2,382 | |
Arkema SA | 46 | 4,834 | |
Atos Origin SA | 63 | 5,407 | |
AXA SA | 1,368 | 34,237 | |
BIC SA | 17 | 1,629 | |
bioMerieux SA | 27 | 2,061 | |
BNP Paribas SA | 795 | 41,538 | |
Bollore SA | 579 | 2,454 | |
Bouygues SA | 145 | 5,295 | |
Bureau Veritas SA | 176 | 3,977 | |
Capgemini SA | 117 | 14,312 | |
Carrefour SA | 385 | 7,479 | |
Casino Guichard Perrachon SA | 37 | 1,634 | |
CNP Assurances | 155 | 3,459 | |
Compagnie de St. Gobain | 368 | 13,863 | |
Credit Agricole SA | 840 | 10,758 | |
Danone SA | 440 | 31,158 | |
Dassault Aviation SA | 2 | 3,319 | |
Dassault Systemes SA | 94 | 11,802 | |
Edenred SA | 156 | 5,925 | |
EDF SA | 387 | 6,435 | |
Eiffage SA | 53 | 5,188 | |
ENGIE | 1,315 | 17,538 | |
Essilor International SA | 153 | 20,925 | |
Eurazeo SA | 31 | 2,266 | |
Eutelsat Communications | 116 | 2,353 | |
Faurecia SA | 50 | 2,430 | |
Fonciere des Regions | 25 | 2,513 | |
Gecina SA | 30 | 4,407 | |
Groupe Eurotunnel SA | 309 | 3,890 | |
Hermes International SCA | 23 | 13,156 | |
ICADE | 22 | 1,866 | |
Iliad SA | 18 | 2,085 | |
Imerys SA | 24 | 1,482 | |
Ingenico SA | 39 | 2,767 | |
Ipsen SA | 25 | 3,472 | |
JCDecaux SA | 49 | 1,613 | |
Kering SA | 54 | 24,074 | |
Klepierre SA | 135 | 4,587 | |
L'Oreal SA | 178 | 40,101 | |
Legrand SA | 203 | 13,276 | |
LVMH Moet Hennessy - Louis Vuitton SA | 196 | 59,467 | |
Michelin CGDE Series B | 125 | 12,797 | |
Natixis SA | 623 | 3,645 | |
Orange SA | 1,436 | 22,414 | |
Pernod Ricard SA | 155 | 23,666 | |
Peugeot Citroen SA | 426 | 10,147 | |
Publicis Groupe SA | 138 | 8,009 | |
Remy Cointreau SA | 15 | 1,782 | |
Renault SA | 141 | 10,552 | |
Rexel SA | 201 | 2,566 | |
Safran SA | 237 | 30,627 | |
Sanofi SA | 796 | 71,131 | |
Schneider Electric SA | 391 | 28,274 | |
SCOR SE | 108 | 4,991 | |
SEB SA | 15 | 2,153 | |
Societe Generale Series A | 550 | 20,162 | |
Sodexo SA | 60 | 6,124 | |
SR Teleperformance SA | 38 | 6,267 | |
Suez Environnement SA | 247 | 3,577 | |
Thales SA | 70 | 8,959 | |
Total SA | 1,711 | 100,394 | |
Ubisoft Entertainment SA (a) | 52 | 4,682 | |
Valeo SA | 181 | 5,838 | |
Veolia Environnement SA | 354 | 7,065 | |
VINCI SA | 365 | 32,485 | |
Vivendi SA | 745 | 17,968 | |
Wendel SA | 18 | 2,336 | |
TOTAL FRANCE | 943,465 | ||
Germany - 8.2% | |||
adidas AG | 133 | 31,334 | |
Allianz SE | 311 | 64,788 | |
Axel Springer Verlag AG | 32 | 2,128 | |
BASF AG | 652 | 50,034 | |
Bayer AG | 658 | 50,437 | |
Bayerische Motoren Werke AG (BMW) | 225 | 19,427 | |
Beiersdorf AG | 67 | 6,936 | |
Brenntag AG | 99 | 5,177 | |
Commerzbank AG (a) | 772 | 7,292 | |
Continental AG | 80 | 13,225 | |
Covestro AG (b) | 140 | 9,058 | |
Daimler AG (Germany) | 653 | 38,727 | |
Delivery Hero AG (a)(b) | 61 | 2,462 | |
Deutsche Bank AG | 1,397 | 13,689 | |
Deutsche Borse AG | 138 | 17,439 | |
Deutsche Lufthansa AG | 156 | 3,138 | |
Deutsche Post AG | 702 | 22,166 | |
Deutsche Telekom AG | 2,375 | 38,954 | |
Deutsche Wohnen AG (Bearer) | 260 | 11,909 | |
Drillisch AG | 35 | 1,564 | |
E.ON AG | 1,593 | 15,404 | |
Evonik Industries AG | 108 | 3,352 | |
Fraport AG Frankfurt Airport Services Worldwide | 28 | 2,166 | |
Fresenius Medical Care AG & Co. KGaA | 158 | 12,406 | |
Fresenius SE & Co. KGaA | 298 | 18,940 | |
GEA Group AG | 115 | 3,499 | |
Hannover Reuck SE | 45 | 6,070 | |
HeidelbergCement Finance AG | 114 | 7,747 | |
Henkel AG & Co. KGaA | 69 | 6,768 | |
Hochtief AG | 13 | 1,929 | |
Hugo Boss AG | 42 | 3,006 | |
Infineon Technologies AG | 818 | 16,390 | |
innogy SE (b) | 92 | 4,064 | |
K&S AG | 127 | 2,369 | |
KION Group AG | 47 | 2,752 | |
Lanxess AG | 58 | 3,597 | |
MAN SE | 19 | 1,980 | |
Merck KGaA | 100 | 10,717 | |
Metro Wholesale & Food Specialist AG | 119 | 1,793 | |
MTU Aero Engines Holdings AG | 34 | 7,232 | |
Muenchener Rueckversicherungs AG | 108 | 23,236 | |
OSRAM Licht AG | 66 | 2,678 | |
ProSiebenSat.1 Media AG | 154 | 3,556 | |
Puma AG | 6 | 3,085 | |
RWE AG | 343 | 6,690 | |
SAP SE | 693 | 74,202 | |
Schaeffler AG | 110 | 1,163 | |
Siemens AG | 540 | 62,071 | |
Siemens Healthineers AG (b) | 99 | 4,103 | |
Symrise AG | 82 | 6,888 | |
Telefonica Deutschland Holding AG | 492 | 1,914 | |
Thyssenkrupp AG | 288 | 6,059 | |
TUI AG (GB) | 292 | 4,848 | |
Uniper SE | 133 | 3,843 | |
United Internet AG | 81 | 3,356 | |
Volkswagen AG | 23 | 3,798 | |
Vonovia SE | 350 | 16,024 | |
Wirecard AG | 83 | 15,549 | |
Zalando SE (a) | 74 | 2,867 | |
TOTAL GERMANY | 787,995 | ||
Hong Kong - 2.3% | |||
AIA Group Ltd. | 8,400 | 63,573 | |
Bank of East Asia Ltd. | 814 | 2,637 | |
BOC Hong Kong (Holdings) Ltd. | 2,500 | 9,341 | |
CLP Holdings Ltd. | 1,000 | 11,209 | |
Galaxy Entertainment Group Ltd. | 2,000 | 10,814 | |
Hang Lung Group Ltd. | 1,000 | 2,459 | |
Hang Lung Properties Ltd. | 1,000 | 1,811 | |
Hang Seng Bank Ltd. | 500 | 11,706 | |
Henderson Land Development Co. Ltd. | 1,000 | 4,654 | |
Hong Kong & China Gas Co. Ltd. | 7,000 | 13,371 | |
Hong Kong Exchanges and Clearing Ltd. | 800 | 21,219 | |
Hysan Development Co. Ltd. | 1,000 | 4,686 | |
Link (REIT) | 1,500 | 13,294 | |
MTR Corp. Ltd. | 1,006 | 4,875 | |
New World Development Co. Ltd. | 4,000 | 5,070 | |
PCCW Ltd. | 3,000 | 1,645 | |
Power Assets Holdings Ltd. | 1,000 | 6,676 | |
Sino Land Ltd. | 2,000 | 3,137 | |
SJM Holdings Ltd. | 1,000 | 807 | |
Sun Hung Kai Properties Ltd. | 1,000 | 12,996 | |
Swire Pacific Ltd. (A Shares) | 500 | 5,187 | |
Swire Properties Ltd. | 800 | 2,729 | |
Techtronic Industries Co. Ltd. | 1,000 | 4,680 | |
Wharf Holdings Ltd. | 1,000 | 2,494 | |
Wheelock and Co. Ltd. | 1,000 | 5,337 | |
TOTAL HONG KONG | 226,407 | ||
Ireland - 0.6% | |||
AIB Group PLC | 539 | 2,608 | |
Bank Ireland Group PLC | 643 | 4,563 | |
CRH PLC | 609 | 18,165 | |
DCC PLC (United Kingdom) | 59 | 5,064 | |
James Hardie Industries PLC CDI | 292 | 3,885 | |
Kerry Group PLC Class A | 117 | 11,993 | |
Paddy Power Betfair PLC (Ireland) | 56 | 4,833 | |
Ryanair Holdings PLC sponsored ADR (a) | 15 | 1,242 | |
Smurfit Kappa Group PLC | 149 | 4,857 | |
TOTAL IRELAND | 57,210 | ||
Isle of Man - 0.1% | |||
Gaming VC Holdings SA | 363 | 4,348 | |
Genting Singapore Ltd. | 4,000 | 2,541 | |
TOTAL ISLE OF MAN | 6,889 | ||
Israel - 0.5% | |||
Azrieli Group | 28 | 1,359 | |
Bank Hapoalim BM (Reg.) | 707 | 4,790 | |
Bank Leumi le-Israel BM | 958 | 5,980 | |
Bezeq The Israel Telecommunication Corp. Ltd. | 1,373 | 1,579 | |
Check Point Software Technologies Ltd. (a) | 94 | 10,434 | |
Elbit Systems Ltd. (Israel) | 16 | 1,914 | |
Israel Chemicals Ltd. | 466 | 2,688 | |
Mizrahi Tefahot Bank Ltd. | 93 | 1,567 | |
NICE Systems Ltd. (a) | 41 | 4,347 | |
Teva Pharmaceutical Industries Ltd. sponsored ADR | 689 | 13,766 | |
TOTAL ISRAEL | 48,424 | ||
Italy - 1.8% | |||
Assicurazioni Generali SpA | 880 | 14,233 | |
Atlantia SpA | 373 | 7,503 | |
Davide Campari-Milano SpA | 384 | 2,955 | |
Enel SpA | 5,897 | 28,913 | |
Eni SpA | 1,849 | 32,838 | |
Intesa Sanpaolo SpA | 10,625 | 23,535 | |
Leonardo SpA | 268 | 2,911 | |
Luxottica Group SpA | 112 | 7,043 | |
Mediobanca SpA | 411 | 3,609 | |
Moncler SpA | 118 | 4,103 | |
Pirelli & C. S.p.A. (b) | 265 | 1,949 | |
Poste Italiane SpA (b) | 346 | 2,489 | |
Prysmian SpA | 159 | 3,090 | |
Recordati SpA | 69 | 2,338 | |
Snam Rete Gas SpA | 1,862 | 7,706 | |
Telecom Italia SpA (a) | 8,166 | 4,803 | |
Terna SpA | 931 | 4,814 | |
UniCredit SpA | 1,434 | 18,380 | |
TOTAL ITALY | 173,212 | ||
Japan - 23.7% | |||
ACOM Co. Ltd. | 300 | 1,109 | |
AEON Co. Ltd. | 400 | 9,181 | |
AEON Financial Service Co. Ltd. | 100 | 1,964 | |
AEON MALL Co. Ltd. | 100 | 1,851 | |
Agc, Inc. | 100 | 3,275 | |
Air Water, Inc. | 100 | 1,623 | |
Aisin Seiki Co. Ltd. | 100 | 3,931 | |
Ajinomoto Co., Inc. | 300 | 4,847 | |
Alfresa Holdings Corp. | 100 | 2,672 | |
All Nippon Airways Ltd. | 100 | 3,363 | |
Alps Electric Co. Ltd. | 100 | 2,357 | |
Amada Holdings Co. Ltd. | 200 | 1,884 | |
Aozora Bank Ltd. | 100 | 3,451 | |
Asahi Group Holdings | 300 | 13,184 | |
Asahi Kasei Corp. | 900 | 10,799 | |
Asics Corp. | 100 | 1,453 | |
Astellas Pharma, Inc. | 1,300 | 20,085 | |
Bandai Namco Holdings, Inc. | 100 | 3,558 | |
Benesse Holdings, Inc. | 100 | 2,787 | |
Bridgestone Corp. | 400 | 15,424 | |
Brother Industries Ltd. | 200 | 3,671 | |
Calbee, Inc. | 100 | 3,323 | |
Canon, Inc. | 700 | 19,938 | |
Casio Computer Co. Ltd. | 100 | 1,509 | |
Central Japan Railway Co. | 100 | 19,191 | |
Chiba Bank Ltd. | 400 | 2,531 | |
Chubu Electric Power Co., Inc. | 400 | 5,768 | |
Chugai Pharmaceutical Co. Ltd. | 200 | 11,709 | |
Chugoku Electric Power Co., Inc. | 200 | 2,574 | |
Coca-Cola West Co. Ltd. | 100 | 2,619 | |
Concordia Financial Group Ltd. | 700 | 3,204 | |
Credit Saison Co. Ltd. | 100 | 1,588 | |
CyberAgent, Inc. | 100 | 4,255 | |
CYBERDYNE, Inc. (a) | 100 | 707 | |
Dai Nippon Printing Co. Ltd. | 200 | 4,488 | |
Dai-ichi Mutual Life Insurance Co. | 800 | 15,012 | |
Daicel Chemical Industries Ltd. | 200 | 2,118 | |
Daifuku Co. Ltd. | 100 | 4,307 | |
Daiichi Sankyo Kabushiki Kaisha | 400 | 15,289 | |
Daikin Industries Ltd. | 200 | 23,182 | |
Dainippon Sumitomo Pharma Co. Ltd. | 100 | 2,089 | |
Daito Trust Construction Co. Ltd. | 100 | 13,205 | |
Daiwa House Industry Co. Ltd. | 400 | 12,078 | |
Daiwa House REIT Investment Corp. | 1 | 2,189 | |
Daiwa Securities Group, Inc. | 1,100 | 6,308 | |
DeNA Co. Ltd. | 100 | 1,663 | |
DENSO Corp. | 300 | 13,382 | |
Dentsu, Inc. | 200 | 9,276 | |
Don Quijote Holdings Co. Ltd. | 100 | 5,991 | |
East Japan Railway Co. | 200 | 17,468 | |
Eisai Co. Ltd. | 200 | 16,656 | |
Electric Power Development Co. Ltd. | 100 | 2,725 | |
FamilyMart Co. Ltd. | 100 | 11,591 | |
Fanuc Corp. | 100 | 17,397 | |
Fujifilm Holdings Corp. | 300 | 12,975 | |
Fujitsu Ltd. | 100 | 6,084 | |
Fukuoka Financial Group, Inc. | 200 | 4,914 | |
Hakuhodo DY Holdings, Inc. | 200 | 3,343 | |
Hamamatsu Photonics K.K. | 100 | 3,350 | |
Hankyu Hanshin Holdings, Inc. | 200 | 6,594 | |
Hino Motors Ltd. | 200 | 1,914 | |
Hitachi Chemical Co. Ltd. | 100 | 1,578 | |
Hitachi Construction Machinery Co. Ltd. | 100 | 2,655 | |
Hitachi High-Technologies Corp. | 100 | 3,771 | |
Hitachi Ltd. | 600 | 18,342 | |
Hitachi Metals Ltd. | 100 | 1,180 | |
Honda Motor Co. Ltd. | 1,100 | 31,400 | |
Hoya Corp. | 300 | 17,053 | |
Hulic Co. Ltd. | 200 | 1,835 | |
Idemitsu Kosan Co. Ltd. | 100 | 4,564 | |
IHI Corp. | 100 | 3,658 | |
Iida Group Holdings Co. Ltd. | 100 | 1,820 | |
INPEX Corp. | 700 | 7,971 | |
Isetan Mitsukoshi Holdings Ltd. | 200 | 2,337 | |
Isuzu Motors Ltd. | 400 | 5,244 | |
Itochu Corp. | 1,000 | 18,546 | |
J. Front Retailing Co. Ltd. | 200 | 2,621 | |
Japan Airlines Co. Ltd. | 100 | 3,560 | |
Japan Exchange Group, Inc. | 300 | 5,387 | |
Japan Post Bank Co. Ltd. | 300 | 3,502 | |
Japan Post Holdings Co. Ltd. | 1,000 | 11,858 | |
Japan Prime Realty Investment Corp. | 1 | 3,572 | |
Japan Real Estate Investment Corp. | 1 | 5,158 | |
Japan Retail Fund Investment Corp. | 2 | 3,694 | |
Japan Tobacco, Inc. | 800 | 20,556 | |
JFE Holdings, Inc. | 400 | 7,517 | |
JGC Corp. | 100 | 1,936 | |
JSR Corp. | 100 | 1,494 | |
JTEKT Corp. | 100 | 1,244 | |
JX Holdings, Inc. | 2,200 | 14,865 | |
Kajima Corp. | 500 | 6,438 | |
Kakaku.com, Inc. | 100 | 1,814 | |
Kamigumi Co. Ltd. | 100 | 2,069 | |
Kansai Electric Power Co., Inc. | 500 | 7,653 | |
Kansai Paint Co. Ltd. | 100 | 1,481 | |
Kao Corp. | 400 | 26,609 | |
Kawasaki Heavy Industries Ltd. | 100 | 2,370 | |
KDDI Corp. | 1,200 | 29,040 | |
Keihan Electric Railway Co., Ltd. | 100 | 3,793 | |
Keihin Electric Express Railway Co. Ltd. | 100 | 1,481 | |
Keio Corp. | 100 | 5,431 | |
Keisei Electric Railway Co. | 100 | 3,082 | |
Keyence Corp. | 100 | 49,010 | |
Kikkoman Corp. | 100 | 5,479 | |
Kintetsu Group Holdings Co. Ltd. | 100 | 3,837 | |
Kirin Holdings Co. Ltd. | 600 | 14,318 | |
Kobe Steel Ltd. | 200 | 1,608 | |
Koito Manufacturing Co. Ltd. | 100 | 4,768 | |
Komatsu Ltd. | 700 | 18,230 | |
Konami Holdings Corp. | 100 | 3,815 | |
Konica Minolta, Inc. | 300 | 2,970 | |
Kubota Corp. | 700 | 11,051 | |
Kuraray Co. Ltd. | 200 | 2,747 | |
Kurita Water Industries Ltd. | 100 | 2,466 | |
Kyocera Corp. | 200 | 10,825 | |
Kyowa Hakko Kirin Co., Ltd. | 200 | 3,873 | |
Kyushu Electric Power Co., Inc. | 300 | 3,494 | |
Kyushu Railway Co. | 100 | 3,066 | |
LINE Corp. (a) | 100 | 3,188 | |
Lion Corp. | 200 | 3,758 | |
LIXIL Group Corp. | 200 | 3,155 | |
M3, Inc. | 400 | 6,445 | |
Makita Corp. | 200 | 6,922 | |
Marubeni Corp. | 1,100 | 8,920 | |
Marui Group Co. Ltd. | 100 | 2,153 | |
Maruichi Steel Tube Ltd. | 100 | 2,889 | |
Mazda Motor Corp. | 400 | 4,260 | |
McDonald's Holdings Co. (Japan) Ltd. | 100 | 4,405 | |
Mebuki Financial Group, Inc. | 500 | 1,529 | |
Medipal Holdings Corp. | 100 | 2,147 | |
Meiji Holdings Co. Ltd. | 100 | 6,635 | |
Minebea Mitsumi, Inc. | 300 | 4,589 | |
Misumi Group, Inc. | 200 | 4,016 | |
Mitsubishi Chemical Holdings Corp. | 900 | 7,016 | |
Mitsubishi Corp. | 900 | 25,331 | |
Mitsubishi Electric Corp. | 1,300 | 16,457 | |
Mitsubishi Estate Co. Ltd. | 800 | 12,785 | |
Mitsubishi Gas Chemical Co., Inc. | 100 | 1,685 | |
Mitsubishi Heavy Industries Ltd. | 200 | 7,050 | |
Mitsubishi Materials Corp. | 100 | 2,768 | |
Mitsubishi Motors Corp. of Japan | 400 | 2,513 | |
Mitsubishi Tanabe Pharma Corp. | 200 | 2,957 | |
Mitsubishi UFJ Financial Group, Inc. | 8,200 | 49,630 | |
Mitsubishi UFJ Lease & Finance Co. Ltd. | 300 | 1,545 | |
Mitsui & Co. Ltd. | 1,200 | 20,050 | |
Mitsui Chemicals, Inc. | 100 | 2,242 | |
Mitsui Fudosan Co. Ltd. | 600 | 13,513 | |
Mitsui OSK Lines Ltd. | 100 | 2,430 | |
Mizuho Financial Group, Inc. | 16,500 | 28,337 | |
MS&AD Insurance Group Holdings, Inc. | 300 | 9,011 | |
Murata Manufacturing Co. Ltd. | 100 | 15,212 | |
Nabtesco Corp. | 100 | 2,205 | |
Nagoya Railroad Co. Ltd. | 100 | 2,416 | |
NEC Corp. | 200 | 5,741 | |
New Hampshire Foods Ltd. | 100 | 3,449 | |
Nexon Co. Ltd. (a) | 300 | 3,419 | |
NGK Insulators Ltd. | 200 | 2,815 | |
NGK Spark Plug Co. Ltd. | 100 | 2,031 | |
Nidec Corp. | 200 | 25,684 | |
Nikon Corp. | 200 | 3,487 | |
Nintendo Co. Ltd. | 100 | 31,220 | |
Nippon Building Fund, Inc. | 1 | 5,716 | |
Nippon Electric Glass Co. Ltd. | 100 | 2,520 | |
Nippon Express Co. Ltd. | 100 | 6,311 | |
Nippon Paint Holdings Co. Ltd. | 100 | 3,133 | |
Nippon Prologis REIT, Inc. | 1 | 2,017 | |
Nippon Steel & Sumitomo Metal Corp. | 500 | 9,223 | |
Nippon Telegraph & Telephone Corp. | 500 | 20,619 | |
Nippon Yusen KK | 100 | 1,613 | |
Nissan Chemical Corp. | 100 | 4,715 | |
Nissan Motor Co. Ltd. | 1,600 | 14,556 | |
Nisshin Seifun Group, Inc. | 100 | 1,990 | |
Nissin Food Holdings Co. Ltd. | 100 | 6,461 | |
Nitori Holdings Co. Ltd. | 100 | 13,059 | |
Nitto Denko Corp. | 100 | 6,248 | |
NKSJ Holdings, Inc. | 200 | 8,249 | |
NOK Corp. | 100 | 1,439 | |
Nomura Holdings, Inc. | 2,300 | 11,045 | |
Nomura Real Estate Holdings, Inc. | 100 | 1,878 | |
Nomura Real Estate Master Fund, Inc. | 3 | 3,890 | |
Nomura Research Institute Ltd. | 100 | 4,431 | |
NSK Ltd. | 200 | 1,976 | |
NTT Data Corp. | 400 | 5,135 | |
NTT DOCOMO, Inc. | 900 | 22,319 | |
Obayashi Corp. | 400 | 3,531 | |
Odakyu Electric Railway Co. Ltd. | 200 | 4,228 | |
Oji Holdings Corp. | 1,000 | 7,101 | |
Olympus Corp. | 200 | 6,666 | |
OMRON Corp. | 100 | 4,059 | |
Ono Pharmaceutical Co. Ltd. | 300 | 6,838 | |
Oriental Land Co. Ltd. | 100 | 9,408 | |
ORIX Corp. | 900 | 14,684 | |
Osaka Gas Co. Ltd. | 300 | 5,486 | |
Otsuka Corp. | 100 | 3,323 | |
Otsuka Holdings Co. Ltd. | 300 | 14,348 | |
Panasonic Corp. | 1,500 | 16,097 | |
Park24 Co. Ltd. | 100 | 2,633 | |
Pola Orbis Holdings, Inc. | 100 | 2,676 | |
Rakuten, Inc. | 600 | 4,058 | |
Recruit Holdings Co. Ltd. | 800 | 21,472 | |
Renesas Electronics Corp. (a) | 600 | 3,180 | |
Resona Holdings, Inc. | 1,400 | 7,364 | |
Ricoh Co. Ltd. | 400 | 3,993 | |
ROHM Co. Ltd. | 100 | 7,037 | |
Santen Pharmaceutical Co. Ltd. | 200 | 2,969 | |
SBI Holdings, Inc. Japan | 200 | 5,248 | |
Secom Co. Ltd. | 200 | 16,374 | |
Sega Sammy Holdings, Inc. | 100 | 1,288 | |
Seibu Holdings, Inc. | 100 | 1,814 | |
Seiko Epson Corp. | 200 | 3,222 | |
Sekisui Chemical Co. Ltd. | 300 | 4,714 | |
Sekisui House Ltd. | 400 | 5,871 | |
Seven & i Holdings Co. Ltd. | 500 | 21,650 | |
Seven Bank Ltd. | 400 | 1,251 | |
SG Holdings Co. Ltd. | 100 | 2,520 | |
Sharp Corp. | 100 | 1,534 | |
Shimadzu Corp. | 200 | 5,057 | |
SHIMANO, Inc. | 100 | 13,684 | |
SHIMIZU Corp. | 400 | 3,247 | |
Shin-Etsu Chemical Co. Ltd. | 300 | 25,068 | |
Shinsei Bank Ltd. | 100 | 1,523 | |
Shionogi & Co. Ltd. | 200 | 12,789 | |
Shiseido Co. Ltd. | 300 | 18,929 | |
Shizuoka Bank Ltd. | 300 | 2,625 | |
Showa Denko K.K. | 100 | 4,354 | |
Showa Shell Sekiyu K.K. | 100 | 1,909 | |
SoftBank Corp. | 600 | 47,483 | |
Sohgo Security Services Co., Ltd. | 100 | 4,458 | |
Sony Corp. | 900 | 48,705 | |
Sony Financial Holdings, Inc. | 100 | 2,307 | |
Stanley Electric Co. Ltd. | 100 | 2,965 | |
Subaru Corp. | 400 | 10,790 | |
Sumco Corp. | 200 | 2,699 | |
Sumitomo Chemical Co. Ltd. | 1,000 | 5,009 | |
Sumitomo Corp. | 800 | 12,133 | |
Sumitomo Electric Industries Ltd. | 500 | 6,819 | |
Sumitomo Heavy Industries Ltd. | 100 | 3,145 | |
Sumitomo Metal Mining Co. Ltd. | 200 | 6,297 | |
Sumitomo Mitsui Financial Group, Inc. | 900 | 35,042 | |
Sumitomo Mitsui Trust Holdings, Inc. | 200 | 7,947 | |
Sumitomo Rubber Industries Ltd. | 100 | 1,440 | |
Sundrug Co. Ltd. | 100 | 3,634 | |
Suntory Beverage & Food Ltd. | 100 | 4,081 | |
Suzuken Co. Ltd. | 100 | 5,069 | |
Suzuki Motor Corp. | 200 | 9,973 | |
Sysmex Corp. | 100 | 7,023 | |
T&D Holdings, Inc. | 400 | 6,394 | |
Taiheiyo Cement Corp. | 100 | 2,943 | |
Taisei Corp. | 200 | 8,554 | |
Taiyo Nippon Sanso Corp. | 100 | 1,610 | |
Takashimaya Co. Ltd. | 100 | 1,574 | |
Takeda Pharmaceutical Co. Ltd. | 500 | 20,730 | |
TDK Corp. | 100 | 8,623 | |
Teijin Ltd. | 100 | 1,734 | |
Temp Holdings Co., Ltd. | 100 | 1,904 | |
Terumo Corp. | 200 | 10,796 | |
THK Co. Ltd. | 100 | 2,217 | |
Tobu Railway Co. Ltd. | 200 | 5,563 | |
Toho Co. Ltd. | 100 | 3,263 | |
Toho Gas Co. Ltd. | 100 | 3,456 | |
Tohoku Electric Power Co., Inc. | 300 | 3,797 | |
Tokio Marine Holdings, Inc. | 500 | 23,556 | |
Tokyo Electric Power Co., Inc. (a) | 1,000 | 5,118 | |
Tokyo Electron Ltd. | 100 | 13,495 | |
Tokyo Gas Co. Ltd. | 300 | 7,378 | |
Tokyo Tatemono Co. Ltd. | 100 | 1,076 | |
Tokyu Corp. | 300 | 4,956 | |
Tokyu Fudosan Holdings Corp. | 300 | 1,690 | |
Toray Industries, Inc. | 900 | 6,384 | |
Toshiba Corp. (a) | 500 | 14,978 | |
Tosoh Corp. | 200 | 2,633 | |
Toto Ltd. | 100 | 3,578 | |
Toyo Seikan Group Holdings Ltd. | 100 | 2,040 | |
Toyo Suisan Kaisha Ltd. | 100 | 3,448 | |
Toyota Industries Corp. | 100 | 4,919 | |
Toyota Motor Corp. | 1,600 | 93,730 | |
Toyota Tsusho Corp. | 200 | 7,218 | |
Trend Micro, Inc. | 100 | 5,757 | |
Unicharm Corp. | 300 | 8,168 | |
United Urban Investment Corp. | 2 | 3,047 | |
USS Co. Ltd. | 200 | 3,611 | |
West Japan Railway Co. | 100 | 6,726 | |
Yahoo! Japan Corp. | 1,800 | 5,616 | |
Yakult Honsha Co. Ltd. | 100 | 7,099 | |
Yamada Denki Co. Ltd. | 400 | 1,886 | |
Yamaguchi Financial Group, Inc. | 100 | 1,057 | |
Yamaha Corp. | 100 | 4,394 | |
Yamaha Motor Co. Ltd. | 200 | 4,730 | |
Yamato Holdings Co. Ltd. | 200 | 5,468 | |
Yamazaki Baking Co. Ltd. | 100 | 1,804 | |
Yaskawa Electric Corp. | 200 | 5,781 | |
Yokogawa Electric Corp. | 200 | 3,927 | |
Yokohama Rubber Co. Ltd. | 100 | 1,937 | |
Zozo, Inc. | 100 | 2,410 | |
TOTAL JAPAN | 2,280,876 | ||
Luxembourg - 0.3% | |||
ArcelorMittal SA (Netherlands) | 484 | 12,082 | |
Eurofins Scientific SA | 8 | 4,045 | |
Millicom International Cellular SA (depository receipt) | 44 | 2,486 | |
RTL Group SA | 26 | 1,670 | |
SES SA (France) (depositary receipt) | 241 | 5,180 | |
Tenaris SA | 388 | 5,712 | |
TOTAL LUXEMBOURG | 31,175 | ||
Mauritius - 0.0% | |||
Golden Agri-Resources Ltd. | 4,300 | 792 | |
Multi-National - 0.1% | |||
HK Electric Investments & HK Electric Investments Ltd. unit (b) | 2,000 | 1,903 | |
HKT Trust/HKT Ltd. unit | 3,000 | 4,132 | |
TOTAL MULTI-NATIONAL | 6,035 | ||
Netherlands - 4.3% | |||
ABN AMRO Group NV GDR | 280 | 6,882 | |
AEGON NV | 1,140 | 7,009 | |
AerCap Holdings NV (a) | 83 | 4,157 | |
Airbus Group NV | 411 | 45,421 | |
Akzo Nobel NV | 185 | 15,565 | |
ASML Holding NV (Netherlands) | 289 | 49,779 | |
CNH Industrial NV | 768 | 7,991 | |
EXOR NV | 72 | 4,081 | |
Ferrari NV | 89 | 10,433 | |
Fiat Chrysler Automobiles NV | 784 | 11,944 | |
Heineken Holding NV | 76 | 6,585 | |
Heineken NV (Bearer) | 187 | 16,860 | |
ING Groep NV (Certificaten Van Aandelen) | 2,754 | 32,583 | |
Koninklijke Ahold Delhaize NV | 890 | 20,393 | |
Koninklijke DSM NV | 136 | 11,920 | |
Koninklijke KPN NV | 2,225 | 5,871 | |
Koninklijke Philips Electronics NV | 670 | 24,988 | |
NN Group NV | 202 | 8,694 | |
NXP Semiconductors NV | 243 | 18,223 | |
QIAGEN NV (Germany) (a) | 150 | 5,449 | |
Randstad NV | 79 | 3,986 | |
STMicroelectronics NV (France) | 452 | 6,871 | |
Unibail-Rodamco SE & WFD Unibail-Rodamco NV unit | 102 | 18,517 | |
Unilever NV (Certificaten Van Aandelen) (Bearer) | 1,084 | 58,249 | |
Vopak NV | 47 | 2,129 | |
Wolters Kluwer NV | 215 | 12,215 | |
TOTAL NETHERLANDS | 416,795 | ||
New Zealand - 0.2% | |||
Auckland International Airport Ltd. | 648 | 2,956 | |
Fisher & Paykel Healthcare Corp. | 378 | 3,355 | |
Fletcher Building Ltd. | 565 | 2,227 | |
Meridian Energy Ltd. | 848 | 1,735 | |
Ryman Healthcare Group Ltd. | 265 | 2,092 | |
Spark New Zealand Ltd. | 1,215 | 3,132 | |
The a2 Milk Co. Ltd. (a) | 483 | 3,284 | |
TOTAL NEW ZEALAND | 18,781 | ||
Norway - 0.8% | |||
Aker Bp ASA | 72 | 2,374 | |
DNB ASA | 704 | 12,740 | |
Equinor ASA | 854 | 22,217 | |
Gjensidige Forsikring ASA | 132 | 2,045 | |
Marine Harvest ASA | 276 | 6,679 | |
Norsk Hydro ASA | 890 | 4,620 | |
Orkla ASA | 539 | 4,651 | |
Schibsted ASA (B Shares) | 65 | 2,059 | |
Telenor ASA | 548 | 10,053 | |
Yara International ASA | 118 | 5,077 | |
TOTAL NORWAY | 72,515 | ||
Papua New Guinea - 0.0% | |||
Oil Search Ltd. ADR | 907 | 4,991 | |
Portugal - 0.2% | |||
Energias de Portugal SA | 1,981 | 6,965 | |
Galp Energia SGPS SA Class B | 393 | 6,853 | |
Jeronimo Martins SGPS SA | 167 | 2,054 | |
TOTAL PORTUGAL | 15,872 | ||
Singapore - 1.2% | |||
Ascendas Real Estate Investment Trust | 1,600 | 2,911 | |
CapitaCommercial Trust (REIT) | 1,700 | 2,123 | |
CapitaLand Ltd. | 1,700 | 3,854 | |
CapitaMall Trust | 1,600 | 2,437 | |
City Developments Ltd. | 300 | 1,713 | |
ComfortDelgro Corp. Ltd. | 1,400 | 2,274 | |
DBS Group Holdings Ltd. | 1,300 | 22,018 | |
Jardine Cycle & Carriage Ltd. | 100 | 2,185 | |
Keppel Corp. Ltd. | 1,000 | 4,476 | |
Oversea-Chinese Banking Corp. Ltd. | 2,300 | 17,833 | |
Sembcorp Industries Ltd. | 700 | 1,425 | |
Singapore Airlines Ltd. | 400 | 2,738 | |
Singapore Airport Terminal Service Ltd. | 400 | 1,438 | |
Singapore Exchange Ltd. | 500 | 2,469 | |
Singapore Press Holdings Ltd. | 1,100 | 2,104 | |
Singapore Technologies Engineering Ltd. | 1,000 | 2,563 | |
Singapore Telecommunications Ltd. | 5,800 | 13,232 | |
Suntec (REIT) | 1,400 | 1,789 | |
United Overseas Bank Ltd. | 1,000 | 17,601 | |
UOL Group Ltd. | 300 | 1,306 | |
Venture Corp. Ltd. | 200 | 2,212 | |
Wilmar International Ltd. | 1,300 | 2,966 | |
Yangzijiang Shipbuilding Holdings Ltd. | 1,600 | 1,432 | |
TOTAL SINGAPORE | 115,099 | ||
Spain - 2.9% | |||
ACS Actividades de Construccion y Servicios SA | 171 | 6,413 | |
Aena Sme SA | 45 | 7,194 | |
Amadeus IT Holding SA Class A | 311 | 25,073 | |
Banco Bilbao Vizcaya Argentaria SA | 4,738 | 26,149 | |
Banco de Sabadell SA | 4,506 | 5,946 | |
Banco Santander SA | 11,401 | 54,245 | |
Banco Santander SA rights (a) | 11,401 | 443 | |
Bankia SA | 817 | 2,572 | |
Bankinter SA | 446 | 3,659 | |
CaixaBank SA | 2,599 | 10,517 | |
Enagas SA | 150 | 3,982 | |
Endesa SA | 210 | 4,396 | |
Ferrovial SA | 321 | 6,435 | |
Gas Natural SDG SA | 232 | 5,707 | |
Grifols SA | 197 | 5,621 | |
Iberdrola SA | 4,270 | 30,257 | |
Inditex SA | 772 | 21,799 | |
International Consolidated Airlines Group SA | 406 | 3,136 | |
MAPFRE SA (Reg.) | 713 | 2,135 | |
Red Electrica Corporacion SA | 286 | 5,922 | |
Repsol SA | 1,005 | 17,958 | |
Siemens Gamesa Renewable Energy SA (a) | 158 | 1,752 | |
Telefonica SA | 3,353 | 27,505 | |
TOTAL SPAIN | 278,816 | ||
Sweden - 2.4% | |||
Alfa Laval AB | 194 | 4,954 | |
ASSA ABLOY AB (B Shares) | 731 | 14,540 | |
Atlas Copco AB: | |||
(A Shares) | 476 | 11,787 | |
(B Shares) | 278 | 6,372 | |
Boliden AB | 181 | 4,137 | |
Electrolux AB (B Shares) | 159 | 3,305 | |
Epiroc AB: | |||
Class A (a) | 444 | 3,899 | |
Class B (a) | 258 | 2,127 | |
Essity AB Class B | 401 | 9,154 | |
H&M Hennes & Mauritz AB (B Shares) | 645 | 11,392 | |
Hexagon AB (B Shares) | 171 | 8,383 | |
Husqvarna AB (B Shares) | 276 | 2,085 | |
ICA Gruppen AB | 53 | 1,876 | |
Industrivarden AB (C Shares) | 111 | 2,307 | |
Investor AB (B Shares) | 339 | 14,696 | |
Kinnevik AB (B Shares) | 155 | 4,301 | |
Lundbergfoeretagen AB | 50 | 1,543 | |
Lundin Petroleum AB | 124 | 3,786 | |
Sandvik AB | 841 | 13,316 | |
Securitas AB (B Shares) | 207 | 3,550 | |
Skandinaviska Enskilda Banken AB (A Shares) | 1,199 | 12,416 | |
Skanska AB (B Shares) | 225 | 3,542 | |
SKF AB (B Shares) | 250 | 4,016 | |
Svenska Handelsbanken AB (A Shares) | 1,118 | 12,152 | |
Swedbank AB (A Shares) | 668 | 15,045 | |
Swedish Match Co. AB | 116 | 5,911 | |
Tele2 AB (B Shares) | 239 | 2,716 | |
Telefonaktiebolaget LM Ericsson (B Shares) | 2,179 | 18,972 | |
TeliaSonera AB | 1,863 | 8,400 | |
Volvo AB (B Shares) | 1,133 | 16,937 | |
TOTAL SWEDEN | 227,617 | ||
Switzerland - 8.4% | |||
ABB Ltd. (Reg.) | 1,315 | 26,460 | |
Adecco SA (Reg.) | 108 | 5,291 | |
Baloise Holdings AG | 32 | 4,582 | |
Barry Callebaut AG | 1 | 1,955 | |
Clariant AG (Reg.) | 132 | 2,845 | |
Coca-Cola HBC AG | 134 | 3,957 | |
Compagnie Financiere Richemont SA Series A | 371 | 27,117 | |
Credit Suisse Group AG | 1,825 | 23,859 | |
Dufry AG | 21 | 2,368 | |
Ems-Chemie Holding AG | 5 | 2,755 | |
Galenica AG | 30 | 4,336 | |
Geberit AG (Reg.) | 25 | 9,788 | |
Givaudan SA | 7 | 16,987 | |
Julius Baer Group Ltd. | 148 | 6,750 | |
Kuehne & Nagel International AG | 36 | 5,008 | |
Lafargeholcim Ltd. (Reg.) | 351 | 16,258 | |
Lindt & Spruengli AG (participation certificate) | 2 | 13,801 | |
Lonza Group AG | 53 | 16,666 | |
Nestle SA (Reg. S) | 2,184 | 184,370 | |
Novartis AG | 1,526 | 133,635 | |
Pargesa Holding SA | 26 | 1,909 | |
Partners Group Holding AG | 12 | 8,549 | |
Roche Holding AG (participation certificate) | 495 | 120,464 | |
Schindler Holding AG: | |||
(participation certificate) | 27 | 5,694 | |
(Reg.) | 13 | 2,700 | |
SGS SA (Reg.) | 4 | 9,500 | |
Sika AG | 94 | 12,059 | |
Sonova Holding AG Class B | 37 | 6,045 | |
Straumann Holding AG | 7 | 4,778 | |
Swatch Group AG (Bearer) | 24 | 8,121 | |
Swatch Group AG (Bearer) (Reg.) | 37 | 2,471 | |
Swiss Life Holding AG | 28 | 10,570 | |
Swiss Prime Site AG | 49 | 3,980 | |
Swiss Re Ltd. | 227 | 20,501 | |
Swisscom AG | 19 | 8,704 | |
Temenos Group AG | 40 | 5,501 | |
UBS Group AG | 2,732 | 38,221 | |
Zurich Insurance Group AG | 107 | 33,222 | |
TOTAL SWITZERLAND | 811,777 | ||
United Kingdom - 15.7% | |||
3i Group PLC | 644 | 7,229 | |
Admiral Group PLC | 133 | 3,422 | |
Anglo American PLC (United Kingdom) | 760 | 16,273 | |
Antofagasta PLC | 261 | 2,618 | |
Ashtead Group PLC | 365 | 9,030 | |
Associated British Foods PLC | 236 | 7,197 | |
AstraZeneca PLC (United Kingdom) | 895 | 68,458 | |
Auto Trader Group PLC (b) | 627 | 3,276 | |
Aviva PLC | 2,945 | 16,094 | |
Babcock International Group PLC | 167 | 1,305 | |
BAE Systems PLC | 2,291 | 15,362 | |
Barclays PLC | 12,186 | 26,850 | |
Barratt Developments PLC | 670 | 4,402 | |
Berkeley Group Holdings PLC | 84 | 3,759 | |
BHP Billiton PLC | 1,510 | 30,123 | |
BP PLC | 14,103 | 101,876 | |
British American Tobacco PLC (United Kingdom) | 1,633 | 70,791 | |
British Land Co. PLC | 609 | 4,608 | |
BT Group PLC | 6,009 | 18,400 | |
Bunzl PLC | 208 | 6,144 | |
Burberry Group PLC | 277 | 6,412 | |
Carnival PLC | 119 | 6,486 | |
Centrica PLC | 3,712 | 6,984 | |
Coca-Cola European Partners PLC | 144 | 6,551 | |
Compass Group PLC | 1,139 | 22,420 | |
ConvaTec Group PLC (b) | 914 | 1,893 | |
Croda International PLC | 87 | 5,360 | |
Diageo PLC | 1,744 | 60,293 | |
Direct Line Insurance Group PLC | 910 | 3,833 | |
easyJet PLC | 105 | 1,611 | |
Fresnillo PLC | 146 | 1,584 | |
G4S PLC (United Kingdom) | 1,027 | 2,822 | |
GlaxoSmithKline PLC | 3,505 | 67,884 | |
Hammerson PLC | 526 | 2,948 | |
Hargreaves Lansdown PLC | 188 | 4,489 | |
HSBC Holdings PLC (United Kingdom) | 14,228 | 117,091 | |
Imperial Tobacco Group PLC | 680 | 23,059 | |
Informa PLC | 944 | 8,610 | |
InterContinental Hotel Group PLC | 117 | 6,146 | |
Intertek Group PLC | 107 | 6,412 | |
Investec PLC | 443 | 2,741 | |
ITV PLC | 2,398 | 4,566 | |
J Sainsbury PLC | 1,163 | 4,626 | |
John Wood Group PLC | 449 | 4,099 | |
Johnson Matthey PLC | 128 | 4,864 | |
Kingfisher PLC | 1,420 | 4,611 | |
Land Securities Group PLC | 525 | 5,725 | |
Legal & General Group PLC | 4,473 | 14,379 | |
Lloyds Banking Group PLC | 50,955 | 37,184 | |
London Stock Exchange Group PLC | 227 | 12,520 | |
Marks & Spencer Group PLC | 1,075 | 4,067 | |
Mediclinic International PLC | 244 | 1,174 | |
Meggitt PLC | 514 | 3,481 | |
Melrose Industries PLC | 3,524 | 7,597 | |
Merlin Entertainments PLC (b) | 474 | 1,958 | |
Micro Focus International PLC | 289 | 4,480 | |
Mondi PLC | 243 | 5,729 | |
National Grid PLC | 2,388 | 25,310 | |
Next PLC | 93 | 6,186 | |
NMC Health PLC | 69 | 3,115 | |
Pearson PLC | 517 | 5,939 | |
Persimmon PLC | 201 | 5,894 | |
Prudential PLC | 1,834 | 36,723 | |
Reckitt Benckiser Group PLC | 471 | 38,087 | |
RELX PLC | 770 | 15,255 | |
RELX PLC | 710 | 14,049 | |
Rio Tinto PLC | 848 | 41,171 | |
Rolls-Royce Holdings PLC | 1,185 | 12,708 | |
Royal Bank of Scotland Group PLC | 3,590 | 10,808 | |
Royal Dutch Shell PLC: | |||
Class A (United Kingdom) | 3,235 | 103,061 | |
Class B (United Kingdom) | 2,657 | 86,653 | |
Royal Mail PLC | 596 | 2,735 | |
RSA Insurance Group PLC | 679 | 4,898 | |
Sage Group PLC | 717 | 4,989 | |
Schroders PLC | 82 | 2,809 | |
Scottish & Southern Energy PLC | 775 | 11,296 | |
Segro PLC | 669 | 5,256 | |
Severn Trent PLC | 157 | 3,739 | |
Smith & Nephew PLC | 638 | 10,371 | |
Smiths Group PLC | 262 | 4,680 | |
St. James's Place Capital PLC | 350 | 4,534 | |
Standard Chartered PLC (United Kingdom) | 2,039 | 14,321 | |
Standard Life PLC | 1,553 | 5,370 | |
Taylor Wimpey PLC | 2,815 | 5,811 | |
Tesco PLC | 6,946 | 18,917 | |
The Weir Group PLC | 159 | 3,223 | |
Travis Perkins PLC | 167 | 2,363 | |
Unilever PLC | 861 | 45,607 | |
United Utilities Group PLC | 451 | 4,189 | |
Vodafone Group PLC | 18,937 | 35,612 | |
Whitbread PLC | 122 | 6,861 | |
WM Morrison Supermarkets PLC | 1,481 | 4,697 | |
TOTAL UNITED KINGDOM | 1,511,143 | ||
TOTAL COMMON STOCKS | |||
(Cost $9,849,408) | 9,248,385 | ||
Nonconvertible Preferred Stocks - 0.6% | |||
Germany - 0.6% | |||
Bayerische Motoren Werke AG (BMW) (non-vtg.) | 36 | 2,720 | |
Fuchs Petrolub AG | 46 | 2,133 | |
Henkel AG & Co. KGaA | 130 | 14,221 | |
Porsche Automobil Holding SE (Germany) | 109 | 6,932 | |
Sartorius AG (non-vtg.) | 24 | 3,480 | |
Volkswagen AG | 131 | 22,073 | |
TOTAL GERMANY | 51,559 | ||
Italy - 0.0% | |||
Telecom Italia SpA (Risparmio Shares) | 4,409 | 2,231 | |
United Kingdom - 0.0% | |||
Rolls-Royce Holdings PLC Series C (a) | 54,510 | 70 | |
TOTAL NONCONVERTIBLE PREFERRED STOCKS | |||
(Cost $55,334) | 53,860 | ||
Money Market Funds - 2.5% | |||
Fidelity Cash Central Fund, 2.23% (c) | |||
(Cost $236,659) | 236,595 | 236,642 | |
TOTAL INVESTMENT IN SECURITIES - 99.1% | |||
(Cost $10,141,401) | 9,538,887 | ||
NET OTHER ASSETS (LIABILITIES) - 0.9% | 91,011 | ||
NET ASSETS - 100% | $9,629,898 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
ICE E-mini MSCI EAFE Index Contracts (United States) | 3 | Dec. 2018 | $271,875 | $(16,229) | $(16,229) |
The notional amount of futures purchased as a percentage of Net Assets is 2.8%
Categorizations in the Schedule of Investments are based on country or territory of incorporation.
Legend
(a) Non-income producing
(b) 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 end of the period, the value of these securities amounted to $47,679 or 0.5% of net assets.
(c) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $3,256 |
Total | $3,256 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of October 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $512,062 | $135,834 | $376,228 | $-- |
Consumer Discretionary | 983,032 | 540,828 | 442,204 | -- |
Consumer Staples | 1,091,040 | 385,359 | 705,681 | -- |
Energy | 580,426 | 107,189 | 473,237 | -- |
Financials | 1,839,539 | 896,424 | 943,115 | -- |
Health Care | 1,065,470 | 257,331 | 808,139 | -- |
Industrials | 1,319,660 | 623,471 | 696,189 | -- |
Information Technology | 564,843 | 237,097 | 327,746 | -- |
Materials | 713,332 | 397,885 | 315,447 | -- |
Real Estate | 325,221 | 271,083 | 54,138 | -- |
Utilities | 307,620 | 201,311 | 106,309 | -- |
Money Market Funds | 236,642 | 236,642 | -- | -- |
Total Investments in Securities: | $9,538,887 | $4,290,454 | $5,248,433 | $-- |
Derivative Instruments: | ||||
Liabilities | ||||
Futures Contracts | $(16,229) | $(16,229) | $-- | $-- |
Total Liabilities | $(16,229) | $(16,229) | $-- | $-- |
Total Derivative Instruments: | $(16,229) | $(16,229) | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of October 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $0 | $(16,229) |
Total Equity Risk | 0 | (16,229) |
Total Value of Derivatives | $0 | $(16,229) |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Financial Statements
Statement of Assets and Liabilities
October 31, 2018 | ||
Assets | ||
Investment in securities, at value See accompanying schedule: Unaffiliated issuers (cost $9,904,742) | $9,302,245 | |
Fidelity Central Funds (cost $236,659) | 236,642 | |
Total Investment in Securities (cost $10,141,401) | $9,538,887 | |
Segregated cash with brokers for derivative instruments | 13,500 | |
Cash | 6,229 | |
Foreign currency held at value (cost $53,898) | 53,528 | |
Receivable for fund shares sold | 4,840 | |
Dividends receivable | 26,005 | |
Distributions receivable from Fidelity Central Funds | 371 | |
Receivable for daily variation margin on futures contracts | 2,160 | |
Receivable from investment adviser for expense reductions | 9,016 | |
Total assets | 9,654,536 | |
Liabilities | ||
Custody fees payable | $24,638 | |
Total liabilities | 24,638 | |
Net Assets | $9,629,898 | |
Net Assets consist of: | ||
Paid in capital | $10,214,750 | |
Total distributable earnings (loss) | (584,852) | |
Net Assets, for 1,021,283 shares outstanding | $9,629,898 | |
Net Asset Value, offering price and redemption price per share ($9,629,898 ÷ 1,021,283 shares) | $9.43 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
For the period August 17, 2018 (commencement of operations) to October 31, 2018 |
||
Investment Income | ||
Dividends | $48,636 | |
Interest | 19 | |
Income from Fidelity Central Funds | 3,256 | |
Income before foreign taxes withheld | 51,911 | |
Less foreign taxes withheld | (3,828) | |
Total income | 48,083 | |
Expenses | ||
Custodian fees and expenses | $24,638 | |
Independent trustees' fees and expenses | 7 | |
Total expenses before reductions | 24,645 | |
Expense reductions | (24,340) | |
Total expenses after reductions | 305 | |
Net investment income (loss) | 47,778 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 5,621 | |
Fidelity Central Funds | (983) | |
Foreign currency transactions | (25,644) | |
Futures contracts | 7,602 | |
Total net realized gain (loss) | (13,404) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | (602,497) | |
Fidelity Central Funds | (17) | |
Assets and liabilities in foreign currencies | (483) | |
Futures contracts | (16,229) | |
Total change in net unrealized appreciation (depreciation) | (619,226) | |
Net gain (loss) | (632,630) | |
Net increase (decrease) in net assets resulting from operations | $(584,852) |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
For the period August 17, 2018 (commencement of operations) to October 31, 2018 |
|
Increase (Decrease) in Net Assets | |
Operations | |
Net investment income (loss) | $47,778 |
Net realized gain (loss) | (13,404) |
Change in net unrealized appreciation (depreciation) | (619,226) |
Net increase (decrease) in net assets resulting from operations | (584,852) |
Share transactions | |
Proceeds from sales of shares | 10,215,760 |
Cost of shares redeemed | (1,010) |
Net increase (decrease) in net assets resulting from share transactions | 10,214,750 |
Total increase (decrease) in net assets | 9,629,898 |
Net Assets | |
Beginning of period | |
End of period | $9,629,898 |
Other Information | |
Shares | |
Sold | 1,021,388 |
Redeemed | (105) |
Net increase (decrease) | 1,021,283 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Series International Index Fund
Years ended October 31, | 2018 A |
Selected PerShare Data | |
Net asset value, beginning of period | $10.00 |
Income from Investment Operations | |
Net investment income (loss)B | .05 |
Net realized and unrealized gain (loss) | (.62) |
Total from investment operations | (.57) |
Net asset value, end of period | $9.43 |
Total ReturnC,D | (5.70)% |
Ratios to Average Net AssetsE,F | |
Expenses before reductions | 1.18%G |
Expenses net of fee waivers, if any | .01%G |
Expenses net of all reductions | .01%G |
Net investment income (loss) | 2.29%G |
Supplemental Data | |
Net assets, end of period (000 omitted) | $9,630 |
Portfolio turnover rateH | 1%I |
A For the period August 17, 2018 (commencement of operations) to October 31, 2018.
B Calculated based on average shares outstanding during the period.
C Total returns for periods of less than one year are not annualized.
D Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
F Expense ratios reflect operating expenses of the Fund. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the Fund during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the Fund.
G Annualized
H Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
I Amount not annualized.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements
For the period ended October 31, 2018
1. Organization.
Fidelity Series International Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. Shares of the Fund are only available for purchase by mutual funds for which Fidelity Management & Research Company (FMR) or an affiliate serves as an investment manager. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust.
2. Investments in Fidelity Central Funds.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.
3. Significant Accounting Policies.
The Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
Valuation techniques used to value the Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of October 31, 2018 is included at the end of the Fund's Schedule of Investments.
Foreign Currency. The Fund may use foreign currency contracts to facilitate transactions in foreign-denominated securities. Gains and losses from these transactions may arise from changes in the value of the foreign currency or if the counterparties do not perform under the contracts' terms.
Foreign-denominated assets, including investment securities, and liabilities are translated into U.S. dollars at the exchange rates at period end. Purchases and sales of investment securities, income and dividends received and expenses denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date.
The effects of exchange rate fluctuations on investments are included with the net realized and unrealized gain (loss) on investment securities. Other foreign currency transactions resulting in realized and unrealized gain (loss) are disclosed separately.
Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable. Investment income is recorded net of foreign taxes withheld where recovery of such taxes is uncertain.
Expenses. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. As of October 31, 2018, the Fund did not have any unrecognized tax benefits in the financial statements; nor is the Fund aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. Foreign taxes are provided for based on the Fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, foreign currency transactions, passive foreign investment companies (PFIC) and capital loss carryforwards.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows:
Gross unrealized appreciation | $85,863 |
Gross unrealized depreciation | (690,030) |
Net unrealized appreciation (depreciation) | $(604,167) |
Tax Cost | $10,143,054 |
The tax-based components of distributable earnings as of period end were as follows:
Undistributed ordinary income | $23,787 |
Capital loss carryforward | $(3,989) |
Net unrealized appreciation (depreciation) on securities and other investments | $(604,650) |
Capital loss carryforwards are only available to offset future capital gains of the Fund to the extent provided by regulations and may be limited. Under the Regulated Investment Company Modernization Act of 2010 (the Act), the Fund is permitted to carry forward capital losses incurred in taxable years beginning after December 22, 2010 for an unlimited period and such capital losses are required to be used prior to any losses that expire. The capital loss carryforward information presented below, including any applicable limitation, is estimated as of fiscal period end and is subject to adjustment.
No expiration | |
Long-term | $(3,989) |
Total no expiration | (3,989) |
Total capital loss carryforward | $(3,989) |
Restricted Securities. The Fund may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities is included at the end of the Fund's Schedule of Investments.
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk:
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities, aggregated $9,979,428 and $80,270, respectively.
6. Fees and Other Transactions with Affiliates.
Management Fee. Fidelity Management & Research Company (the investment adviser) and its affiliates provide the Fund with investment management related services for which the Fund does not pay a management fee. Under the management contract, the investment adviser or an affiliate pays all ordinary operating expenses of the Fund, except custody fees, fees and expenses of the independent Trustees, and certain miscellaneous expenses such as proxy and shareholder meeting expenses.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Fund. Geode provides discretionary investment advisory services to the Fund and is paid by the investment adviser for providing these services.
Interfund Trades. The Fund may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
7. Expense Reductions.
The investment adviser contractually agreed to reimburse the Fund to the extent annual operating expenses exceeded .014% of average net assets. This reimbursement will remain in place through February 28, 2022. Some expenses, for example the compensation of the independent Trustees, and certain miscellaneous expenses such as proxy and shareholder meeting expenses, are excluded from this reimbursement. During the period this reimbursement reduced the Fund's expenses by $24,340.
8. Other.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
At the end of the period, mutual funds managed by the investment adviser or its affiliates were the owners of record of all of the outstanding shares of the Fund.
Report of Independent Registered Public Accounting Firm
To the Trustees of Fidelity Concord Street Trust and Shareholders of Fidelity Series International Index Fund:
Opinion on the Financial Statements and Financial Highlights
We have audited the accompanying statement of assets and liabilities of Fidelity Series International Index Fund (the "Fund"), a fund of Fidelity Concord Street Trust, including the schedule of investments, as of October 31, 2018, and the related statement of operations, the statement of changes in net assets and the financial highlights for the period from August 17, 2018 (commencement of operations) to October 31, 2018, and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Fund as of October 31, 2018, and the results of its operations, the changes in its net assets and the financial highlights for the period from August 17, 2018 (commencement of operations) to October 31, 2018, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements and financial highlights are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Fund is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Funds internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of October 31, 2018, by correspondence with the custodians and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/ Deloitte & Touche LLP
Boston, Massachusetts
December 18, 2018
We have served as the auditor of one or more of the Fidelity investment companies since 1999.
Trustees and Officers
The Trustees, Members of the Advisory Board (if any), and officers of the trust and fund, as applicable, are listed below. The Board of Trustees governs the fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee the fund's activities, review contractual arrangements with companies that provide services to the fund, oversee management of the risks associated with such activities and contractual arrangements, and review the fund's performance. Except for Jonathan Chiel, each of the Trustees oversees 283 funds. Mr. Chiel oversees 154 funds.
The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person (as defined in the 1940 Act) of the trust and the fund is referred to herein as an Independent Trustee. Each Independent Trustee shall retire not later than the last day of the calendar year in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. Officers and Advisory Board Members hold office without limit in time, except that any officer or Advisory Board Member may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.
The funds Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.
Experience, Skills, Attributes, and Qualifications of the Trustees. The Governance and Nominating Committee has adopted a statement of policy that describes the experience, qualifications, attributes, and skills that are necessary and desirable for potential Independent Trustee candidates (Statement of Policy). The Board believes that each Trustee satisfied at the time he or she was initially elected or appointed a Trustee, and continues to satisfy, the standards contemplated by the Statement of Policy. The Governance and Nominating Committee also engages professional search firms to help identify potential Independent Trustee candidates who have the experience, qualifications, attributes, and skills consistent with the Statement of Policy. From time to time, additional criteria based on the composition and skills of the current Independent Trustees, as well as experience or skills that may be appropriate in light of future changes to board composition, business conditions, and regulatory or other developments, have also been considered by the professional search firms and the Governance and Nominating Committee. In addition, the Board takes into account the Trustees' commitment and participation in Board and committee meetings, as well as their leadership of standing and ad hoc committees throughout their tenure.
In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing the fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the fund, is provided below.
Board Structure and Oversight Function. James C. Curvey is an interested person and currently serves as Chairman. The Trustees have determined that an interested Chairman is appropriate and benefits shareholders because an interested Chairman has a personal and professional stake in the quality and continuity of services provided to the fund. Independent Trustees exercise their informed business judgment to appoint an individual of their choosing to serve as Chairman, regardless of whether the Trustee happens to be independent or a member of management. The Independent Trustees have determined that they can act independently and effectively without having an Independent Trustee serve as Chairman and that a key structural component for assuring that they are in a position to do so is for the Independent Trustees to constitute a substantial majority for the Board. The Independent Trustees also regularly meet in executive session. Ned C. Lautenbach serves as Chairman of the Independent Trustees and as such (i) acts as a liaison between the Independent Trustees and management with respect to matters important to the Independent Trustees and (ii) with management prepares agendas for Board meetings.
Fidelity® funds are overseen by different Boards of Trustees. The fund's Board oversees Fidelity's high income and certain equity funds, and other Boards oversee Fidelity's investment-grade bond, money market, asset allocation, and other equity funds. The asset allocation funds may invest in Fidelity® funds overseen by the fund's Board. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity® funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity® funds overseen by each Board.
The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, the fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the fund's activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the fund's business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the fund are carried out by or through FMR, its affiliates, and other service providers, the fund's exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the fund's activities, oversight is exercised primarily through the Operations, Audit, and Compliance Committees. In addition, the Independent Trustees have worked with Fidelity to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. Appropriate personnel, including but not limited to the fund's Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the fund's Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of Fidelity's risk management program for the Fidelity® funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Trustees."
Interested Trustees*:
Correspondence intended for a Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
Name, Year of Birth; Principal Occupations and Other Relevant Experience+
Jonathan Chiel (1957)
Year of Election or Appointment: 2016
Trustee
Mr. Chiel also serves as Trustee of other Fidelity® funds. Mr. Chiel is Executive Vice President and General Counsel for FMR LLC (diversified financial services company, 2012-present). Previously, Mr. Chiel served as general counsel (2004-2012) and senior vice president and deputy general counsel (2000-2004) for John Hancock Financial Services; a partner with Choate, Hall & Stewart (1996-2000) (law firm); and an Assistant United States Attorney for the United States Attorneys Office of the District of Massachusetts (1986-95), including Chief of the Criminal Division (1993-1995). Mr. Chiel is a director on the boards of the Boston Bar Foundation and the Maimonides School.
James C. Curvey (1935)
Year of Election or Appointment: 2007
Trustee
Chairman of the Board of Trustees
Mr. Curvey also serves as Trustee of other Fidelity® funds. Mr. Curvey is Vice Chairman (2007-present) and Director of FMR LLC (diversified financial services company). In addition, Mr. Curvey is an Overseer Emeritus for the Boston Symphony Orchestra, a Director of Artis-Naples, and a Trustee of Brewster Academy in Wolfeboro, New Hampshire. Previously, Mr. Curvey served as a Director of Fidelity Research & Analysis Co. (investment adviser firm, 2009-2018), Director of Fidelity Investments Money Management, Inc. (investment adviser firm, 2009-2014) and a Director of FMR and FMR Co., Inc. (investment adviser firms, 2007-2014).
Charles S. Morrison (1960)
Year of Election or Appointment: 2014
Trustee
Mr. Morrison also serves as Trustee of other funds. He serves as President of Fidelity SelectCo, LLC (investment adviser firm, 2017-present) and Fidelity Management & Research Company (FMR) (investment adviser firm, 2016-present), a Director of Fidelity Investments Money Management, Inc. (FIMM) (investment adviser firm, 2014-present), Director of Fidelity SelectCo, LLC (investment adviser firm, 2014-present), President, Asset Management (2014-present), and is an employee of Fidelity Investments. Previously, Mr. Morrison served as Vice President of Fidelity's Fixed Income and Asset Allocation Funds (2012-2014), President, Fixed Income (2011-2014), Vice President of Fidelity's Money Market Funds (2005-2009), President, Money Market Group Leader of FMR (investment adviser firm, 2009), and Senior Vice President, Money Market Group of FMR (2004-2009). Mr. Morrison also served as Vice President of Fidelity's Bond Funds (2002-2005), certain Balanced Funds (2002-2005), and certain Asset Allocation Funds (2002-2007), and as Senior Vice President (2002-2005) of Fidelity's Bond Division.
* Determined to be an Interested Trustee by virtue of, among other things, his or her affiliation with the trust or various entities under common control with FMR.
+ The information includes the Trustee's principal occupation during the last five years and other information relating to the experience, attributes, and skills relevant to the Trustee's qualifications to serve as a Trustee, which led to the conclusion that the Trustee should serve as a Trustee for the fund.
Independent Trustees:
Correspondence intended for an Independent Trustee may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.
Name, Year of Birth; Principal Occupations and Other Relevant Experience+
Dennis J. Dirks (1948)
Year of Election or Appointment: 2005
Trustee
Mr. Dirks also serves as Trustee of other Fidelity® funds. Prior to his retirement in May 2003, Mr. Dirks was Chief Operating Officer and a member of the Board of The Depository Trust & Clearing Corporation (DTCC). He also served as President, Chief Operating Officer, and Board member of The Depository Trust Company (DTC) and President and Board member of the National Securities Clearing Corporation (NSCC). In addition, Mr. Dirks served as Chief Executive Officer and Board member of the Government Securities Clearing Corporation, Chief Executive Officer and Board member of the Mortgage-Backed Securities Clearing Corporation, as a Trustee and a member of the Finance Committee of Manhattan College (2005-2008), as a Trustee and a member of the Finance Committee of AHRC of Nassau County (2006-2008), as a member of the Independent Directors Council (IDC) Governing Council (2010-2015), and as a member of the Board of Directors for The Brookville Center for Childrens Services, Inc. (2009-2017). Mr. Dirks is a member of the Finance Committee (2016-present), Board of Directors (2017-present) and Board of Trustees (2018-present) and is Treasurer (2018-present) of the Asolo Repertory Theatre.
Donald F. Donahue (1950)
Year of Election or Appointment: 2018
Trustee
Mr. Donahue also serves as a Trustee of other Fidelity® funds. Mr. Donahue is President and Chief Executive Officer of Miranda Partners, LLC (risk consulting for the financial services industry, 2012-present). Previously, Mr. Donahue served as a Member of the Advisory Board of certain Fidelity® funds (2015-2018) and Chief Executive Officer (2006-2012), Chief Operating Officer (2003-2006), and Managing Director, Customer Marketing and Development (1999-2003) of The Depository Trust & Clearing Corporation (financial markets infrastructure). Mr. Donahue serves as a Member (2007-present) and Co-Chairman (2016-present) of the Board of Directors of United Way of New York, Member of the Board of Directors of NYC Leadership Academy (2012-present) and Member of the Board of Advisors of Ripple Labs, Inc. (financial services, 2015-present). He also served as Chairman (2010-2012) and Member of the Board of Directors (2012-2013) of Omgeo, LLC (financial services), Treasurer of United Way of New York (2012-2016), and Member of the Board of Directors of XBRL US (financial services non-profit, 2009-2012) and the International Securities Services Association (2009-2012).
Alan J. Lacy (1953)
Year of Election or Appointment: 2008
Trustee
Mr. Lacy also serves as Trustee of other Fidelity® funds. Mr. Lacy serves as a Director of Bristol-Myers Squibb Company (global pharmaceuticals, 2008-present). He is a Trustee of the California Chapter of The Nature Conservancy (2015-present) and a Director of the Center for Advanced Study in the Behavioral Sciences at Stanford University (2015-present). In addition, Mr. Lacy served as Senior Adviser (2007-2014) of Oak Hill Capital Partners, L.P. (private equity) and also served as Chief Executive Officer (2005) and Vice Chairman (2005-2006) of Sears Holdings Corporation (retail) and Chief Executive Officer and Chairman of the Board of Sears, Roebuck and Co. (retail, 2000-2005). Previously, Mr. Lacy served as Chairman (2014-2017) and a member (2010-2017) of the Board of Directors of Dave & Busters Entertainment, Inc. (restaurant and entertainment complexes), as Chairman (2008-2011) and a member (2006-2015) of the Board of Trustees of the National Parks Conservation Association, and as a member of the Board of Directors for The Hillman Companies, Inc. (hardware wholesalers, 2010-2014), Earth Fare, Inc. (retail grocery, 2010-2014), and The Western Union Company (global money transfer, 2006-2011).
Ned C. Lautenbach (1944)
Year of Election or Appointment: 2000
Trustee
Chairman of the Independent Trustees
Mr. Lautenbach also serves as Trustee of other Fidelity® funds. Mr. Lautenbach currently serves as Vice Chair of the Board of Governors, State University System of Florida (2013-present) and is a member of the Council on Foreign Relations (1994-present). He is also a member and has most recently served as Chairman of the Board of Directors of Artis-Naples (2012-present). Previously, Mr. Lautenbach served as a member and then Lead Director of the Board of Directors of Eaton Corporation (diversified industrial, 1997-2016). He was also a Partner and Advisory Partner at Clayton, Dubilier & Rice, LLC (private equity investment, 1998-2010), as well as a Director of Sony Corporation (2006-2007). In addition, Mr. Lautenbach also had a 30-year career with IBM (technology company) during which time he served as Senior Vice President and a member of the Corporate Executive Committee (1968-1998).
Joseph Mauriello (1944)
Year of Election or Appointment: 2008
Trustee
Mr. Mauriello also serves as Trustee of other Fidelity® funds. Prior to his retirement in January 2006, Mr. Mauriello served in numerous senior management positions including Deputy Chairman and Chief Operating Officer (2004-2005), and Vice Chairman of Financial Services (2002-2004) of KPMG LLP US (professional services, 1965-2005). Mr. Mauriello currently serves as a member of the Independent Directors Council (IDC) Governing Council (2015-present). Previously, Mr. Mauriello served as a member of the Board of Directors of XL Group plc. (global insurance and re-insurance, 2006-2018).
Cornelia M. Small (1944)
Year of Election or Appointment: 2005
Trustee
Ms. Small also serves as Trustee of other Fidelity® funds. Ms. Small is a member of the Board of Directors (2009-present) and Chair of the Investment Committee (2010-present) of the Teagle Foundation. Ms. Small also serves on the Investment Committee of the Berkshire Taconic Community Foundation (2008-present). Previously, Ms. Small served as Chairperson (2002-2008) and a member of the Investment Committee and Chairperson (2008-2012) and a member of the Board of Trustees of Smith College. In addition, Ms. Small served as Chief Investment Officer, Director of Global Equity Investments, and a member of the Board of Directors of Scudder, Stevens & Clark and Scudder Kemper Investments.
Garnett A. Smith (1947)
Year of Election or Appointment: 2018
Trustee
Mr. Smith also serves as Trustee of other Fidelity® funds. Prior to Mr. Smith's retirement, he served as Chairman and Chief Executive Officer of Inbrand Corp. (manufacturer of personal absorbent products, 1990-1997). He also served as President (1986-1990) of Inbrand Corp. Prior to his employment with Inbrand Corp., he was employed by a retail fabric chain and North Carolina National Bank. In addition, Mr. Smith served as a Member of the Advisory Board of certain Fidelity® funds (2012-2013) and as a board member of the Jackson Hole Land Trust (2009-2012).
David M. Thomas (1949)
Year of Election or Appointment: 2008
Trustee
Mr. Thomas also serves as Trustee of other Fidelity® funds. Mr. Thomas serves as Non-Executive Chairman of the Board of Directors of Fortune Brands Home and Security (home and security products, 2011-present), as a member of the Board of Directors (2004-present) and Presiding Director (2013-present) of Interpublic Group of Companies, Inc. (marketing communication), and as a member of the Board of Trustees of the University of Florida (2013-present). Previously, Mr. Thomas served as Executive Chairman (2005-2006) and Chairman and Chief Executive Officer (2000-2005) of IMS Health, Inc. (pharmaceutical and healthcare information solutions), and a Director of Fortune Brands, Inc. (consumer products, 2000-2011).
+ The information includes the Trustee's principal occupation during the last five years and other information relating to the experience, attributes, and skills relevant to the Trustee's qualifications to serve as a Trustee, which led to the conclusion that the Trustee should serve as a Trustee for the fund.
Advisory Board Members and Officers:
Correspondence intended for a Member of the Advisory Board (if any) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235. Correspondence intended for an officer or Peter S. Lynch may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210. Officers appear below in alphabetical order.
Name, Year of Birth; Principal Occupation
Vicki L. Fuller (1957)
Year of Election or Appointment: 2018
Member of the Advisory Board
Ms. Fuller also serves as Member of the Advisory Board of other Fidelity® funds. Ms. Fuller serves as a member of the Board of Directors, Audit Committee, and Nominating and Governance Committee of The Williams Companies, Inc. (natural gas infrastructure, 2018-present). Previously, Ms. Fuller served as the Chief Investment Officer of the New York State Common Retirement Fund (2012-2018) and held a variety of positions at AllianceBernstein L.P. (global asset management, 1985-2012), including Managing Director (2006-2012) and Senior Vice President and Senior Portfolio Manager (2001-2006).
Peter S. Lynch (1944)
Year of Election or Appointment: 2003
Member of the Advisory Board
Mr. Lynch also serves as Member of the Advisory Board of other Fidelity® funds. Mr. Lynch is Vice Chairman and a Director of FMR (investment adviser firm) and FMR Co., Inc. (investment adviser firm). In addition, Mr. Lynch serves as a Trustee of Boston College and as the Chairman of the Inner-City Scholarship Fund. Previously, Mr. Lynch served on the Special Olympics International Board of Directors (1997-2006).
William S. Stavropoulos (1939)
Year of Election or Appointment: 2018
Member of the Advisory Board
Mr. Stavropoulos also serves as Member of the Advisory Board of other Fidelity® funds. Mr. Stavropoulos serves as President and Founder of the Michigan Baseball Foundation, the Great Lakes Loons (2007-present). Mr. Stavropoulos is Chairman Emeritus of the Board of Directors of The Dow Chemical Company, where he previously served in numerous senior management positions, including President, CEO (1995-2000; 2002-2004), Chairman of the Executive Committee (2000-2006), and as a member of the Board of Directors (1990-2006). Currently, Mr. Stavropoulos is Chairman of the Board of Directors of Univar Inc. (global distributor of commodity and specialty chemicals), a Director of Teradata Corporation (data warehousing and technology solutions), and a member of the Advisory Board for Metalmark Capital LLC (private equity investment, 2005-present). Mr. Stavropoulos is an operating advisor to Clayton, Dubilier & Rice, LLC (private equity investment). In addition, Mr. Stavropoulos is a member of the University of Notre Dame Advisory Council for the College of Science, a Trustee of the Rollin L. Gerstacker Foundation, and a Director of Artis-Naples in Naples, Florida. Previously, Mr. Stavropoulos served as Trustee of certain Fidelity® funds (2001-2018) and as a Director of Chemical Financial Corporation (bank holding company, 1993-2012) and Tyco International, Ltd. (multinational manufacturing and services, 2007-2012).
Carol B. Tomé (1957)
Year of Election or Appointment: 2018
Member of the Advisory Board
Ms. Tomé also serves as Member of the Advisory Board of other Fidelity® funds. Ms. Tomé is Chief Financial Officer (2001-present) and Executive Vice President of Corporate Services (2007-present) of The Home Depot, Inc. (home improvement retailer) and a Director (2003-present) and Chair of the Audit Committee (2004-present) of United Parcel Service, Inc. (package delivery and supply chain management). Previously, Ms. Tomé served as Trustee of certain Fidelity® funds (2017), Senior Vice President of Finance and Accounting/Treasurer (2000-2007) and Vice President and Treasurer (1995-2000) of The Home Depot, Inc. and Chair of the Board (2010-2012), Vice Chair of the Board (2009 and 2013), and a Director (2008-2013) of the Federal Reserve Bank of Atlanta. Ms. Tomé is also a director or trustee of many community and professional organizations.
Michael E. Wiley (1950)
Year of Election or Appointment: 2018
Member of the Advisory Board
Mr. Wiley also serves as Trustee or Member of the Advisory Board of other Fidelity® funds. Mr. Wiley serves as a Director of High Point Resources (exploration and production, 2005-present). Previously, Mr. Wiley served as a Director of Andeavor Corporation (independent oil refiner and marketer, 2005-2018), a Director of Andeavor Logistics LP (natural resources logistics, 2015-2018), a Director of Post Oak Bank (privately-held bank, 2004-2018), a Director of Asia Pacific Exploration Consolidated (international oil and gas exploration and production, 2008-2013), a member of the Board of Trustees of the University of Tulsa (2000-2006; 2007-2010), a Senior Energy Advisor of Katzenbach Partners, LLC (consulting, 2006-2007), an Advisory Director of Riverstone Holdings (private investment), a Director of Spinnaker Exploration Company (exploration and production, 2001-2005) and Chairman, President, and CEO of Baker Hughes, Inc. (oilfield services, 2000-2004).
Elizabeth Paige Baumann (1968)
Year of Election or Appointment: 2017
Anti-Money Laundering (AML) Officer
Ms. Baumann also serves as AML Officer of other funds. She is Chief AML Officer (2012-present) and Senior Vice President (2014-present) of FMR LLC (diversified financial services company) and is an employee of Fidelity Investments. Previously, Ms. Baumann served as AML Officer of the funds (2012-2016), and Vice President (2007-2014) and Deputy Anti-Money Laundering Officer (2007-2012) of FMR LLC.
John J. Burke III (1964)
Year of Election or Appointment: 2018
Chief Financial Officer
Mr. Burke also serves as Chief Financial Officer of other funds. Mr. Burke serves as Head of Investment Operations for Fidelity Fund and Investment Operations (2018-present) and is an employee of Fidelity Investments (1998-present). Previously Mr. Burke served as head of Asset Management Investment Operations (2012-2018).
William C. Coffey (1969)
Year of Election or Appointment: 2018
Secretary and Chief Legal Officer (CLO)
Mr. Coffey also serves as Secretary and CLO of other funds. Mr. Coffey serves as CLO, Secretary, and Senior Vice President of Fidelity Management & Research Company and FMR Co., Inc. (investment adviser firms, 2018-present); Secretary of Fidelity SelectCo, LLC and Fidelity Investments Money Management, Inc. (investment adviser firms, 2018-present); and CLO of Fidelity Management & Research (Hong Kong) Limited, FMR Investment Management (UK) Limited, and Fidelity Management & Research (Japan) Limited (investment adviser firms, 2018-present). He is Senior Vice President and Deputy General Counsel of FMR LLC (diversified financial services company, 2010-present), and is an employee of Fidelity Investments. Previously, Mr. Coffey served as Assistant Secretary of certain funds (2009-2018) and as Vice President and Associate General Counsel of FMR LLC (2005-2009).
Timothy M. Cohen (1969)
Year of Election or Appointment: 2018
Vice President
Mr. Cohen also serves as Vice President of other funds. Mr. Cohen serves as Co-Head of Global Equity Research (2016-present), a Director of Fidelity Management & Research (Japan) Limited (investment adviser firm, 2016-present), and is an employee of Fidelity Investments. Previously, Mr. Cohen served as Chief Investment Officer - Equity and a Director of Fidelity Management & Research (U.K.) Inc. (investment adviser firm, 2013-2015) and as a Director of Fidelity Management & Research (Hong Kong) Limited (investment adviser firm, 2017).
Jonathan Davis (1968)
Year of Election or Appointment: 2010
Assistant Treasurer
Mr. Davis also serves as Assistant Treasurer of other funds. Mr. Davis serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (diversified financial services company, 2003-2010).
Adrien E. Deberghes (1967)
Year of Election or Appointment: 2016
Assistant Treasurer
Mr. Deberghes also serves as an officer of other funds. He serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), Executive Vice President of Fidelity Investments Money Management, Inc. (FIMM) (investment adviser firm, 2016-present), and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as President and Treasurer of certain Fidelity® funds (2013-2018). Prior to joining Fidelity Investments, Mr. Deberghes was Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005). Previously, Mr. Deberghes served in other fund officer roles.
Laura M. Del Prato (1964)
Year of Election or Appointment: 2018
Assistant Treasurer
Ms. Del Prato also serves as an officer of other funds. Ms. Del Prato is an employee of Fidelity Investments (2017-present). Prior to joining Fidelity Investments, Ms. Del Prato served as a Managing Director and Treasurer of the JPMorgan Mutual Funds (2014-2017). Prior to JPMorgan, Ms. Del Prato served as a partner at Cohen Fund Audit Services (accounting firm, 2012-2013) and KPMG LLP (accounting firm, 2004-2012).
Colm A. Hogan (1973)
Year of Election or Appointment: 2016
Deputy Treasurer
Mr. Hogan also serves as an officer of other funds. Mr. Hogan serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (2005-present). Previously, Mr. Hogan served as Assistant Treasurer of certain Fidelity® funds (2016-2018).
Pamela R. Holding (1964)
Year of Election or Appointment: 2018
Vice President
Ms. Holding also serves as Vice President of other funds. Ms. Holding serves as Co-Head of Global Equity Research (2018-present) and is an employee of Fidelity Investments (2013-present).
Chris Maher (1972)
Year of Election or Appointment: 2013
Assistant Treasurer
Mr. Maher serves as Assistant Treasurer of other funds. Mr. Maher is Vice President of Valuation Oversight, serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), and is an employee of Fidelity Investments. Previously, Mr. Maher served as Vice President of Asset Management Compliance (2013), Vice President of the Program Management Group of FMR (investment adviser firm, 2010-2013), and Vice President of Valuation Oversight (2008-2010).
Rieco E. Mello (1969)
Year of Election or Appointment: 2017
Assistant Treasurer
Mr. Mello also serves as Assistant Treasurer of other funds. Mr. Mello serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (1995-present).
Kenneth B. Robins (1969)
Year of Election or Appointment: 2016
Chief Compliance Officer
Mr. Robins also serves as an officer of other funds. Mr. Robins serves as Compliance Officer of Fidelity Management & Research Company and FMR Co., Inc. (investment adviser firms, 2016-present) and is an employee of Fidelity Investments (2004-present). Previously, Mr. Robins served as Executive Vice President of Fidelity Investments Money Management, Inc. (investment adviser firm, 2013-2016) and served in other fund officer roles.
Stacie M. Smith (1974)
Year of Election or Appointment: 2016
President and Treasurer
Ms. Smith also serves as an officer of other funds. Ms. Smith serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), is an employee of Fidelity Investments (2009-present), and has served in other fund officer roles. Prior to joining Fidelity Investments, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (accounting firm, 1996-2009). Previously, Ms. Smith served as Assistant Treasurer (2013-2018) and Deputy Treasurer (2013-2016) of certain Fidelity® funds.
Marc L. Spector (1972)
Year of Election or Appointment: 2016
Assistant Treasurer
Mr. Spector also serves as an officer of other funds. Mr. Spector serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (2016-present). Prior to joining Fidelity Investments, Mr. Spector served as Director at the Siegfried Group (accounting firm, 2013-2016), and prior to Siegfried Group as audit senior manager at Deloitte & Touche (accounting firm, 2005-2013).
Shareholder Expense Example
As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs, including other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The actual expense Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (August 17, 2018 to October 31, 2018). The hypothetical expense Example is based on an investment of $1,000 invested for the one-half year period (May 1, 2018 to October 31, 2018).
Actual Expenses
The first line of the accompanying table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table provides information about hypothetical account values and hypothetical expenses based on the Fund's actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund's actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value | Ending Account Value October 31, 2018 | Expenses Paid During Period |
|
Actual | .01% | $1,000.00 | $943.00 | $.02-B |
Hypothetical-C | $1,000.00 | $1,025.16 | $.05-D |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Actual expenses are equal to the Fund's annualized expense ratio, multiplied by the average account value over the period, multiplied by 76/365 (to reflect the period August 17, 2018 to October 31, 2018).
C 5% return per year before expenses
D Hypothetical expenses are equal to the Fund's annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).
Board Approval of Investment Advisory Contracts and Management Fees
Fidelity Series International Index Fund
On July 18, 2018, the Board of Trustees, including the Independent Trustees (together, the Board), voted to approve the management contract with Fidelity Management & Research Company (FMR) and the sub-advisory agreements (together, the Advisory Contracts) for the fund, including the fund's sub-advisory agreement with Geode Capital Management, LLC (Geode). FMR and the sub-advisers are collectively referred to herein as the Investment Advisers. The Board, assisted by the advice of fund counsel and Independent Trustees' counsel, considered a broad range of information.
Nature, Extent, and Quality of Services Provided. The Board considered staffing as it relates to the fund, including the backgrounds of investment personnel of Fidelity and Geode, and also considered the fund's investment objective, strategies, and related investment philosophy, and the purpose of Series funds generally. The Board considered the structure of the investment personnel compensation program, and whether this structure, provides, appropriate incentives to act in the best interests of the fund. Resources Dedicated to Investment Management and Support Services. The Board reviewed the general qualifications and capabilities of Fidelity's and Geode's investment staffs, including their size, education, experience, and resources, as well as Fidelity's approach to recruiting, managing, and compensating investment personnel. The Board noted that Fidelity has continued to increase the resources devoted to non-U.S. offices, including expansion of Fidelity's global investment organization. Additionally, in its deliberations, the Board considered Fidelity's and Geode's trading, risk management, compliance, and technology and operations capabilities and resources, which are integral parts of the investment management process. Administrative Services. The Board considered the nature, extent, quality, and cost of advisory and administrative services to be performed by the Investment Advisers and their affiliates under the Advisory Contracts and under separate agreements covering transfer agency, pricing and bookkeeping, and securities lending services for the fund. The Board also considered the nature and extent of the supervision of third party service providers, principally custodians, subcustodians, and pricing vendors. Investment Performance. The fund is a new fund and therefore had no historical performance for the Board to review at the time it approved the fund's Advisory Contracts.Based on its review, the Board concluded that the nature, extent, and quality of services to be provided to the fund under the Advisory Contracts should benefit the shareholders of the fund. Competitiveness of Management Fee and Total Expense Ratio ..The Board considered that the fund will not pay FMR a management fee for investment advisory services. In reviewing the Advisory Contracts, the Board also considered the projected total expense ratio of the fund. The Board noted that FMR or an affiliate undertakes to pay all operating expenses of the fund, except transfer agent fees, 12b-1 fees, Independent Trustee fees and expenses, custodian fees and expenses, proxy and shareholder meeting expenses, interest, taxes, brokerage expenses, and extraordinary expenses (such as litigation expenses).The Board also noted that FMR has contractually agreed to reimburse the fund to the extent that total operating expenses (excluding interest, certain taxes, certain securities lending costs, brokerage commissions, fees and expenses of the Independent Trustees, proxy and shareholder meeting expenses, extraordinary expenses, and acquired fund fees and expenses, if any), as a percentage of its average net assets exceed, 0.014% through December 31, 2019.Based on its review, the Board considered that the fund will not pay a management fee and concluded that the fund's projected total expense ratio was reasonable in light of the services that the fund and its shareholders will receive and the other factors considered. Costs of the Services and Profitability. The fund is a new fund and therefore no revenue, cost, or profitability data was available for the Board to review in respect of the fund at the time it approved the Advisory Contracts. In connection with its future renewal of the fund's Advisory Contracts, the Board will consider the level of Fidelity's profits in respect of all the Fidelity funds. Economies of Scale. The Board concluded that because the fund will pay no advisory fees and FMR or an affiliate will bear all expenses of the fund, with limited exceptions, economies of scale cannot be realized by the funds. Additional Information Requested by the Board. In order to develop fully the factual basis for consideration of the Advisory Contracts, the Board received information explaining that the fund is offered exclusively to other Fidelity funds, which use the fund to gain exposure to a specific type of investment. The Board also noted that those Fidelity funds investing in the fund will benefit from investing in one centralized fund as the fund may deliver more uniform asset class performance and offer additional opportunities to generate returns and diversify the investing funds' equity allocations.Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board concluded that the advisory and sub-advisory fee structures are fair and reasonable, and that the fund's Advisory Contracts should be approved.
Corporate Headquarters
245 Summer St.
Boston, MA 02210
www.fidelity.com
IIF-ANN-1218
1.9891249.100
Fidelity ZERO℠ Extended Market Index Fund Fidelity ZERO℠ International Index Fund Fidelity ZERO℠ Large Cap Index Fund Fidelity ZERO℠ Total Market Index Fund Annual Report October 31, 2018 |
|
Contents
Fidelity ZERO℠ Extended Market Index Fund | |
Fidelity ZERO℠ International Index Fund | |
Fidelity ZERO℠ Large Cap Index Fund | |
Fidelity ZERO℠ Total Market Index Fund | |
Board Approval of Investment Advisory Contracts and Management Fees |
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2018 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Funds. This report is not authorized for distribution to prospective investors in the Funds unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SECs web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SECs Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE
Neither the Funds nor Fidelity Distributors Corporation is a bank.
Fidelity ZERO℠ Extended Market Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of October 31, 2018
% of fund's net assets | |
lululemon athletica, Inc. | 0.4 |
Wellcare Health Plans, Inc. | 0.3 |
Burlington Stores, Inc. | 0.3 |
Fortinet, Inc. | 0.3 |
HollyFrontier Corp. | 0.3 |
Advance Auto Parts, Inc. | 0.3 |
Hormel Foods Corp. | 0.3 |
Tractor Supply Co. | 0.3 |
Chipotle Mexican Grill, Inc. | 0.3 |
NRG Energy, Inc. | 0.3 |
3.1 |
Top Market Sectors as of October 31, 2018
% of fund's net assets | |
Financials | 15.0 |
Industrials | 14.9 |
Information Technology | 14.2 |
Consumer Discretionary | 13.7 |
Health Care | 11.3 |
Real Estate | 9.8 |
Materials | 5.1 |
Utilities | 4.7 |
Energy | 4.0 |
Communication Services | 3.7 |
Asset Allocation (% of fund's net assets)
As of October 31, 2018* | ||
Stocks and Equity Futures | 100.0% |
* Foreign investments - 5.5%
Fidelity ZERO℠ Extended Market Index Fund
Schedule of Investments October 31, 2018
Showing Percentage of Net Assets
Common Stocks - 99.7% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 3.7% | |||
Diversified Telecommunication Services - 0.3% | |||
Atlantic Tele-Network, Inc. | 178 | $15,039 | |
Cincinnati Bell, Inc. (a) | 731 | 10,373 | |
Cogent Communications Group, Inc. | 698 | 36,282 | |
Consolidated Communications Holdings, Inc. (b) | 887 | 11,105 | |
Frontier Communications Corp. (b) | 1,363 | 6,556 | |
Globalstar, Inc. (a) | 4,526 | 1,574 | |
IDT Corp. Class B | 215 | 1,514 | |
Intelsat SA (a) | 680 | 17,721 | |
Iridium Communications, Inc. (a) | 1,393 | 27,595 | |
ORBCOMM, Inc. (a) | 1,162 | 11,074 | |
Vonage Holdings Corp. (a) | 3,324 | 44,076 | |
WideOpenWest, Inc. (a) | 352 | 3,428 | |
Windstream Holdings, Inc. (a) | 273 | 1,125 | |
Zayo Group Holdings, Inc. (a) | 1,682 | 50,258 | |
237,720 | |||
Entertainment - 0.7% | |||
AMC Entertainment Holdings, Inc. Class A (b) | 932 | 17,950 | |
Cinemark Holdings, Inc. | 1,829 | 76,032 | |
Glu Mobile, Inc. (a) | 1,741 | 12,274 | |
Lions Gate Entertainment Corp.: | |||
Class A | 1,003 | 19,217 | |
Class B | 1,897 | 33,748 | |
Live Nation Entertainment, Inc. (a) | 2,284 | 119,453 | |
Marcus Corp. | 328 | 12,799 | |
Pandora Media, Inc. (a) | 3,966 | 33,711 | |
The Madison Square Garden Co. (a) | 252 | 69,708 | |
World Wrestling Entertainment, Inc. Class A | 664 | 48,200 | |
Zynga, Inc. (a) | 13,425 | 48,867 | |
491,959 | |||
Interactive Media & Services - 0.6% | |||
Care.com, Inc. (a) | 248 | 4,365 | |
Liberty TripAdvisor Holdings, Inc. (a) | 1,252 | 18,054 | |
Match Group, Inc. (a)(b) | 772 | 39,928 | |
MeetMe, Inc. (a) | 740 | 3,263 | |
QuinStreet, Inc. (a) | 632 | 10,049 | |
Snap, Inc. Class A (a)(b) | 3,809 | 25,177 | |
TripAdvisor, Inc. (a) | 1,974 | 102,924 | |
TrueCar, Inc. (a) | 962 | 10,948 | |
XO Group, Inc. (a) | 433 | 14,986 | |
Yelp, Inc. (a) | 1,028 | 44,019 | |
Zillow Group, Inc.: | |||
Class A (a) | 774 | 31,246 | |
Class C (a)(b) | 1,828 | 73,595 | |
378,554 | |||
Media - 1.8% | |||
AMC Networks, Inc. Class A (a) | 1,020 | 59,752 | |
Cable One, Inc. | 81 | 72,555 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 2,658 | 86,093 | |
Class C (non-vtg.) (a) | 3,508 | 102,819 | |
E.W. Scripps Co. Class A | 961 | 16,164 | |
Entercom Communications Corp. Class A | 376 | 2,440 | |
Entravision Communication Corp. Class A | 1,166 | 5,760 | |
Fluent, Inc. (a) | 565 | 1,367 | |
Gannett Co., Inc. | 2,031 | 19,701 | |
Gray Television, Inc. (a) | 1,128 | 19,526 | |
Hemisphere Media Group, Inc. (a) | 250 | 3,368 | |
Interpublic Group of Companies, Inc. | 6,709 | 155,380 | |
John Wiley & Sons, Inc. Class A | 779 | 42,253 | |
Loral Space & Communications Ltd. (a) | 217 | 9,691 | |
Meredith Corp. (b) | 629 | 32,431 | |
MSG Network, Inc. Class A (a) | 1,055 | 26,955 | |
National CineMedia, Inc. | 1,098 | 9,827 | |
New Media Investment Group, Inc. | 875 | 12,294 | |
News Corp.: | |||
Class A | 6,591 | 86,935 | |
Class B | 2,076 | 27,694 | |
Nexstar Broadcasting Group, Inc. Class A | 753 | 56,392 | |
Scholastic Corp. | 465 | 20,172 | |
Sinclair Broadcast Group, Inc. Class A | 1,065 | 30,502 | |
Sirius XM Holdings, Inc. | 25,374 | 152,751 | |
Tegna, Inc. | 5,914 | 68,248 | |
The New York Times Co. Class A | 2,113 | 55,783 | |
Tribune Media Co. Class A | 1,269 | 48,235 | |
tronc, Inc. (a) | 379 | 5,719 | |
1,230,807 | |||
Wireless Telecommunication Services - 0.3% | |||
Boingo Wireless, Inc. (a) | 658 | 20,615 | |
Gogo, Inc. (a)(b) | 864 | 4,942 | |
Shenandoah Telecommunications Co. | 790 | 30,036 | |
Spok Holdings, Inc. | 378 | 5,300 | |
Sprint Corp. (a) | 10,943 | 66,971 | |
Telephone & Data Systems, Inc. | 1,617 | 49,852 | |
U.S. Cellular Corp. (a) | 229 | 10,939 | |
188,655 | |||
TOTAL COMMUNICATION SERVICES | 2,527,695 | ||
CONSUMER DISCRETIONARY - 13.7% | |||
Auto Components - 1.0% | |||
Adient PLC (b) | 1,619 | 49,250 | |
American Axle & Manufacturing Holdings, Inc. (a) | 1,327 | 20,131 | |
Cooper Tire & Rubber Co. | 909 | 28,079 | |
Cooper-Standard Holding, Inc. (a) | 306 | 28,351 | |
Dana Holding Corp. | 2,499 | 38,909 | |
Delphi Technologies PLC | 1,544 | 33,103 | |
Dorman Products, Inc. (a) | 524 | 41,401 | |
Fox Factory Holding Corp. (a) | 496 | 26,650 | |
Gentex Corp. | 4,947 | 104,134 | |
Gentherm, Inc. (a) | 624 | 27,231 | |
Hertz Global Holdings, Inc. (a) | 1,270 | 17,463 | |
Horizon Global Corp. (a) | 311 | 1,745 | |
LCI Industries | 426 | 29,543 | |
Modine Manufacturing Co. (a) | 870 | 11,319 | |
Motorcar Parts of America, Inc. (a)(b) | 333 | 7,053 | |
Shiloh Industries, Inc. (a) | 153 | 1,391 | |
Standard Motor Products, Inc. | 348 | 18,830 | |
Stoneridge, Inc. (a) | 455 | 11,562 | |
Superior Industries International, Inc. | 405 | 3,981 | |
Tenneco, Inc. | 957 | 32,950 | |
The Goodyear Tire & Rubber Co. | 4,259 | 89,695 | |
Tower International, Inc. | 356 | 10,570 | |
Visteon Corp. (a) | 590 | 46,634 | |
679,975 | |||
Automobiles - 0.3% | |||
Harley-Davidson, Inc. | 2,906 | 111,067 | |
REV Group, Inc. | 213 | 2,324 | |
Thor Industries, Inc. | 828 | 57,662 | |
Winnebago Industries, Inc. | 461 | 12,705 | |
183,758 | |||
Distributors - 0.2% | |||
Core-Mark Holding Co., Inc. | 801 | 30,766 | |
Pool Corp. | 714 | 104,066 | |
134,832 | |||
Diversified Consumer Services - 1.2% | |||
Adtalem Global Education, Inc. (a) | 987 | 49,972 | |
American Public Education, Inc. (a) | 287 | 9,394 | |
Bridgepoint Education, Inc. (a) | 457 | 4,387 | |
Bright Horizons Family Solutions, Inc. (a) | 756 | 86,872 | |
Career Education Corp. (a) | 1,122 | 16,134 | |
Carriage Services, Inc. | 237 | 4,517 | |
Chegg, Inc. (a) | 1,013 | 27,635 | |
Frontdoor, Inc. (a) | 1,150 | 39,158 | |
Graham Holdings Co. | 80 | 46,484 | |
Grand Canyon Education, Inc. (a) | 817 | 101,880 | |
H&R Block, Inc. | 3,579 | 94,987 | |
Houghton Mifflin Harcourt Co. (a) | 1,768 | 11,846 | |
K12, Inc. (a) | 599 | 12,825 | |
Laureate Education, Inc. Class A (a) | 617 | 9,187 | |
Regis Corp. (a) | 600 | 10,104 | |
Service Corp. International | 3,278 | 135,939 | |
ServiceMaster Global Holdings, Inc. (a) | 2,325 | 99,696 | |
Sotheby's Class A (Ltd. vtg.) (a) | 803 | 33,726 | |
Strategic Education, Inc. | 179 | 22,522 | |
Weight Watchers International, Inc. (a) | 476 | 31,464 | |
848,729 | |||
Hotels, Restaurants & Leisure - 2.6% | |||
Belmond Ltd. Class A (a) | 1,465 | 25,081 | |
Biglari Holdings, Inc. (a) | 3 | 2,250 | |
Biglari Holdings, Inc. (a) | 8 | 1,140 | |
BJ's Restaurants, Inc. | 337 | 20,618 | |
Bloomin' Brands, Inc. | 1,831 | 36,528 | |
Bojangles', Inc. (a) | 262 | 4,142 | |
Boyd Gaming Corp. | 1,425 | 37,848 | |
Brinker International, Inc. | 863 | 37,411 | |
Caesars Entertainment Corp. (a)(b) | 916 | 7,868 | |
Carrols Restaurant Group, Inc. (a) | 600 | 7,896 | |
Chipotle Mexican Grill, Inc. (a) | 429 | 197,482 | |
Choice Hotels International, Inc. | 622 | 45,655 | |
Churchill Downs, Inc. | 213 | 53,167 | |
Chuy's Holdings, Inc. (a) | 308 | 7,506 | |
Cracker Barrel Old Country Store, Inc. (b) | 416 | 66,011 | |
Dave & Buster's Entertainment, Inc. | 648 | 38,588 | |
Del Frisco's Restaurant Group, Inc. (a) | 375 | 2,531 | |
Del Taco Restaurants, Inc. (a) | 591 | 6,442 | |
Denny's Corp. (a) | 1,252 | 21,722 | |
Dine Brands Global, Inc. | 292 | 23,664 | |
Drive Shack, Inc. (a) | 972 | 5,190 | |
Dunkin' Brands Group, Inc. | 1,584 | 114,935 | |
El Pollo Loco Holdings, Inc. (a) | 345 | 4,316 | |
Eldorado Resorts, Inc. (a)(b) | 369 | 13,469 | |
Extended Stay America, Inc. unit | 1,943 | 31,632 | |
Fiesta Restaurant Group, Inc. (a) | 465 | 12,002 | |
Golden Entertainment, Inc. (a) | 240 | 4,361 | |
Habit Restaurants, Inc. Class A (a) | 262 | 3,327 | |
Hilton Grand Vacations, Inc. (a) | 995 | 26,736 | |
Hyatt Hotels Corp. Class A | 654 | 45,257 | |
International Speedway Corp. Class A | 451 | 16,917 | |
Jack in the Box, Inc. | 562 | 44,359 | |
Marriott Vacations Worldwide Corp. | 424 | 37,520 | |
Monarch Casino & Resort, Inc. (a) | 202 | 7,832 | |
Papa John's International, Inc. | 462 | 25,197 | |
Penn National Gaming, Inc. (a) | 1,316 | 31,952 | |
Planet Fitness, Inc. (a) | 868 | 42,610 | |
Playa Hotels & Resorts NV (a) | 966 | 8,298 | |
PlayAGS, Inc. (a) | 158 | 3,832 | |
Potbelly Corp. (a) | 401 | 4,684 | |
RCI Hospitality Holdings, Inc. | 130 | 3,403 | |
Red Robin Gourmet Burgers, Inc. (a) | 228 | 6,886 | |
Red Rock Resorts, Inc. | 499 | 11,547 | |
Ruth's Hospitality Group, Inc. | 505 | 13,650 | |
Scientific Games Corp. Class A (a) | 886 | 19,722 | |
SeaWorld Entertainment, Inc. (a) | 1,156 | 30,195 | |
Shake Shack, Inc. Class A (a) | 312 | 16,502 | |
Six Flags Entertainment Corp. | 1,479 | 79,659 | |
Sonic Corp. | 791 | 34,234 | |
Texas Roadhouse, Inc. Class A | 1,109 | 67,050 | |
The Cheesecake Factory, Inc. (b) | 749 | 36,207 | |
U.S. Foods Holding Corp. (a) | 1,523 | 44,426 | |
Vail Resorts, Inc. | 689 | 173,159 | |
Wendy's Co. | 3,473 | 59,875 | |
Wingstop, Inc. | 498 | 31,185 | |
Zoe's Kitchen, Inc. (a) | 306 | 3,892 | |
1,759,568 | |||
Household Durables - 1.3% | |||
Beazer Homes U.S.A., Inc. (a) | 505 | 4,449 | |
Cavco Industries, Inc. (a) | 147 | 29,490 | |
Century Communities, Inc. (a) | 270 | 5,729 | |
Ethan Allen Interiors, Inc. | 461 | 8,824 | |
Flexsteel Industries, Inc. | 104 | 2,644 | |
Garmin Ltd. | 1,976 | 130,732 | |
GoPro, Inc. Class A (a)(b) | 1,653 | 10,860 | |
Green Brick Partners, Inc. (a) | 360 | 3,384 | |
Hamilton Beach Brands Holding Co. Class A | 117 | 2,717 | |
Helen of Troy Ltd. (a) | 482 | 59,826 | |
Hooker Furniture Corp. | 184 | 5,386 | |
Hovnanian Enterprises, Inc. Class A (a) | 1,756 | 2,564 | |
Installed Building Products, Inc. (a) | 356 | 10,844 | |
iRobot Corp. (a)(b) | 470 | 41,440 | |
KB Home | 1,438 | 28,717 | |
La-Z-Boy, Inc. | 842 | 23,408 | |
Leggett & Platt, Inc. | 2,314 | 84,021 | |
LGI Homes, Inc. (a)(b) | 289 | 12,366 | |
Libbey, Inc. | 358 | 2,699 | |
M.D.C. Holdings, Inc. | 748 | 21,019 | |
M/I Homes, Inc. (a) | 410 | 9,910 | |
Meritage Homes Corp. (a) | 658 | 24,511 | |
PulteGroup, Inc. | 5,149 | 126,511 | |
Roku, Inc. Class A (a) | 315 | 17,514 | |
Taylor Morrison Home Corp. (a) | 739 | 12,223 | |
Tempur Sealy International, Inc. (a) | 874 | 40,388 | |
Toll Brothers, Inc. | 2,584 | 86,977 | |
TopBuild Corp. (a) | 663 | 30,246 | |
TRI Pointe Homes, Inc. (a) | 2,514 | 29,917 | |
Tupperware Brands Corp. | 878 | 30,818 | |
Universal Electronics, Inc. (a) | 257 | 8,036 | |
Vuzix Corp. (a) | 230 | 1,398 | |
William Lyon Homes, Inc. (a) | 372 | 5,044 | |
Zagg, Inc. (a) | 455 | 5,510 | |
920,122 | |||
Internet & Direct Marketing Retail - 0.7% | |||
1-800-FLOWERS.com, Inc. Class A (a) | 509 | 5,319 | |
Blue Apron Holdings, Inc. Class A (a) | 364 | 517 | |
Duluth Holdings, Inc. (a) | 165 | 5,070 | |
Etsy, Inc. (a) | 1,659 | 70,541 | |
FTD Companies, Inc. (a) | 270 | 535 | |
Groupon, Inc. (a) | 6,988 | 22,851 | |
GrubHub, Inc. (a) | 1,478 | 137,070 | |
Lands' End, Inc. (a) | 240 | 3,914 | |
Liberty Expedia Holdings, Inc. (a) | 938 | 40,728 | |
NutriSystem, Inc. | 505 | 17,958 | |
Overstock.com, Inc. (a) | 283 | 5,694 | |
PetMed Express, Inc. | 358 | 10,003 | |
Quotient Technology, Inc. (a) | 1,172 | 15,084 | |
Shutterfly, Inc. (a) | 587 | 29,350 | |
Shutterstock, Inc. | 339 | 13,858 | |
Stamps.com, Inc. (a) | 275 | 55,597 | |
Wayfair LLC Class A (a) | 522 | 57,571 | |
491,660 | |||
Leisure Products - 0.5% | |||
American Outdoor Brands Corp. (a) | 967 | 13,229 | |
Brunswick Corp. | 1,552 | 80,688 | |
Callaway Golf Co. | 1,634 | 34,968 | |
Johnson Outdoors, Inc. Class A | 104 | 7,832 | |
Malibu Boats, Inc. Class A (a) | 306 | 12,301 | |
Mattel, Inc. (a)(b) | 5,960 | 80,937 | |
MCBC Holdings, Inc. (a) | 287 | 8,518 | |
Nautilus, Inc. (a) | 529 | 6,470 | |
Polaris Industries, Inc. | 1,032 | 91,827 | |
Sturm, Ruger & Co., Inc. | 323 | 19,183 | |
Vista Outdoor, Inc. (a) | 1,020 | 12,750 | |
368,703 | |||
Media - 0.1% | |||
Altice U.S.A., Inc. Class A | 1,115 | 18,186 | |
Liberty Latin America Ltd. (a) | 2,195 | 39,532 | |
Liberty Latin America Ltd. Class A (a) | 628 | 11,291 | |
69,009 | |||
Multiline Retail - 0.7% | |||
Big Lots, Inc. | 773 | 32,095 | |
Dillard's, Inc. Class A (b) | 450 | 31,689 | |
Fred's, Inc. Class A (a) | 504 | 1,381 | |
JC Penney Corp., Inc. (a)(b) | 5,399 | 7,937 | |
Macy's, Inc. | 5,257 | 180,263 | |
Nordstrom, Inc. | 2,005 | 131,869 | |
Ollie's Bargain Outlet Holdings, Inc. (a) | 820 | 76,178 | |
461,412 | |||
Specialty Retail - 3.3% | |||
Aaron's, Inc. Class A | 1,098 | 51,749 | |
Abercrombie & Fitch Co. Class A | 1,175 | 23,148 | |
Advance Auto Parts, Inc. | 1,274 | 203,534 | |
America's Car Mart, Inc. (a) | 137 | 10,261 | |
American Eagle Outfitters, Inc. | 2,956 | 68,165 | |
Armstrong Flooring, Inc. (a) | 442 | 6,873 | |
Asbury Automotive Group, Inc. (a) | 343 | 22,329 | |
Ascena Retail Group, Inc. (a) | 2,827 | 10,884 | |
AutoNation, Inc. (a) | 1,137 | 46,026 | |
Barnes & Noble Education, Inc. (a) | 689 | 3,934 | |
Barnes & Noble, Inc. | 978 | 6,191 | |
Bed Bath & Beyond, Inc. (b) | 2,638 | 36,246 | |
Big 5 Sporting Goods Corp. | 279 | 979 | |
Boot Barn Holdings, Inc. (a) | 201 | 4,961 | |
Burlington Stores, Inc. (a) | 1,218 | 208,875 | |
Caleres, Inc. | 756 | 25,855 | |
Camping World Holdings, Inc. | 212 | 3,636 | |
Cars.com, Inc. (a) | 1,243 | 32,455 | |
Chico's FAS, Inc. | 2,166 | 16,613 | |
Citi Trends, Inc. | 283 | 7,168 | |
Conn's, Inc. (a) | 411 | 11,418 | |
Dick's Sporting Goods, Inc. | 1,521 | 53,798 | |
DSW, Inc. Class A | 1,324 | 35,152 | |
Express, Inc. (a) | 1,332 | 11,735 | |
Five Below, Inc. (a) | 947 | 107,788 | |
Floor & Decor Holdings, Inc. Class A (a)(b) | 347 | 8,876 | |
Foot Locker, Inc. | 2,142 | 100,974 | |
Francesca's Holdings Corp. (a) | 643 | 1,955 | |
GameStop Corp. Class A (b) | 1,766 | 25,784 | |
Gap, Inc. | 3,789 | 103,440 | |
Genesco, Inc. (a) | 347 | 14,848 | |
GNC Holdings, Inc. Class A (a)(b) | 1,217 | 4,479 | |
Group 1 Automotive, Inc. | 342 | 19,747 | |
Guess?, Inc. | 1,071 | 22,748 | |
Haverty Furniture Companies, Inc. | 352 | 7,139 | |
Hibbett Sports, Inc. (a) | 354 | 6,184 | |
Kirkland's, Inc. (a) | 246 | 2,487 | |
Lithia Motors, Inc. Class A (sub. vtg.) | 398 | 35,454 | |
Lumber Liquidators Holdings, Inc. (a)(b) | 456 | 5,454 | |
MarineMax, Inc. (a) | 435 | 9,901 | |
Michaels Companies, Inc. (a)(b) | 1,997 | 31,652 | |
Monro, Inc. | 559 | 41,590 | |
Murphy U.S.A., Inc. (a) | 627 | 50,555 | |
Office Depot, Inc. | 9,147 | 23,416 | |
Party City Holdco, Inc. (a) | 380 | 3,979 | |
Penske Automotive Group, Inc. | 647 | 28,714 | |
Pier 1 Imports, Inc. | 1,119 | 1,779 | |
Rent-A-Center, Inc. (a) | 915 | 13,039 | |
RH (a)(b) | 662 | 76,600 | |
Sally Beauty Holdings, Inc. (a) | 2,497 | 44,472 | |
Shoe Carnival, Inc. | 232 | 9,449 | |
Signet Jewelers Ltd. | 1,202 | 67,372 | |
Sleep Number Corp. (a) | 769 | 27,969 | |
Sonic Automotive, Inc. Class A (sub. vtg.) | 456 | 8,263 | |
Sportsman's Warehouse Holdings, Inc. (a) | 430 | 2,163 | |
Tailored Brands, Inc. | 834 | 17,522 | |
The Buckle, Inc. (b) | 490 | 9,996 | |
The Cato Corp. Class A (sub. vtg.) | 438 | 8,445 | |
The Children's Place Retail Stores, Inc. | 313 | 46,762 | |
Tile Shop Holdings, Inc. | 530 | 3,445 | |
Tilly's, Inc. | 203 | 3,601 | |
Tractor Supply Co. | 2,167 | 199,126 | |
Urban Outfitters, Inc. (a) | 1,528 | 60,295 | |
Vitamin Shoppe, Inc. (a) | 381 | 2,960 | |
Williams-Sonoma, Inc. | 1,407 | 83,548 | |
Zumiez, Inc. (a) | 302 | 7,025 | |
2,252,980 | |||
Textiles, Apparel & Luxury Goods - 1.8% | |||
Carter's, Inc. | 853 | 81,871 | |
Columbia Sportswear Co. | 467 | 42,161 | |
Crocs, Inc. (a) | 1,262 | 25,921 | |
Deckers Outdoor Corp. (a) | 554 | 70,452 | |
Emerald Expositions Events, Inc. | 228 | 3,333 | |
Fossil Group, Inc. (a) | 727 | 15,783 | |
G-III Apparel Group Ltd. (a) | 760 | 30,294 | |
Hanesbrands, Inc. | 6,528 | 112,020 | |
J.Jill, Inc. (a) | 207 | 1,045 | |
lululemon athletica, Inc. (a) | 1,844 | 259,476 | |
Movado Group, Inc. | 266 | 10,244 | |
Oxford Industries, Inc. | 255 | 22,690 | |
PetIQ, Inc. Class A (a) | 109 | 3,451 | |
Ralph Lauren Corp. | 972 | 125,981 | |
Samsonite International SA | 23,700 | 68,000 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (a) | 2,305 | 65,854 | |
Steven Madden Ltd. | 1,416 | 44,278 | |
Stitch Fix, Inc. (a)(b) | 140 | 3,690 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a)(b) | 3,177 | 70,243 | |
Class C (non-vtg.) (a)(b) | 3,185 | 63,159 | |
Unifi, Inc. (a) | 277 | 6,341 | |
Vera Bradley, Inc. (a) | 328 | 4,326 | |
Wolverine World Wide, Inc. | 1,704 | 59,930 | |
1,190,543 | |||
TOTAL CONSUMER DISCRETIONARY | 9,361,291 | ||
CONSUMER STAPLES - 3.3% | |||
Beverages - 0.2% | |||
Boston Beer Co., Inc. Class A (a) | 156 | 47,937 | |
Coca-Cola Bottling Co. Consolidated | 77 | 13,293 | |
Craft Brew Alliance, Inc. (a) | 160 | 2,934 | |
MGP Ingredients, Inc. (b) | 211 | 15,017 | |
National Beverage Corp. (a) | 199 | 18,398 | |
Primo Water Corp. (a) | 352 | 5,868 | |
103,447 | |||
Food & Staples Retailing - 0.5% | |||
Andersons, Inc. | 448 | 16,128 | |
Casey's General Stores, Inc. | 677 | 85,376 | |
Chefs' Warehouse Holdings (a) | 322 | 10,829 | |
Ingles Markets, Inc. Class A | 247 | 8,136 | |
Performance Food Group Co. (a) | 969 | 28,411 | |
PriceSmart, Inc. | 386 | 27,078 | |
Rite Aid Corp. (a)(b) | 18,297 | 21,956 | |
Smart & Final Stores, Inc. (a) | 396 | 2,000 | |
SpartanNash Co. | 630 | 11,246 | |
Sprouts Farmers Market LLC (a) | 2,314 | 62,223 | |
United Natural Foods, Inc. (a) | 859 | 18,666 | |
Weis Markets, Inc. | 276 | 12,737 | |
Welbilt, Inc. (a) | 2,402 | 44,965 | |
349,751 | |||
Food Products - 1.7% | |||
B&G Foods, Inc. Class A (b) | 1,154 | 30,050 | |
Cal-Maine Foods, Inc. | 503 | 24,481 | |
Calavo Growers, Inc. | 266 | 25,802 | |
Campbell Soup Co. (b) | 3,320 | 124,201 | |
Darling International, Inc. (a) | 2,847 | 58,819 | |
Dean Foods Co. | 1,538 | 12,289 | |
Farmer Brothers Co. (a) | 199 | 4,798 | |
Flowers Foods, Inc. | 3,156 | 60,942 | |
Fresh Del Monte Produce, Inc. | 576 | 19,025 | |
Freshpet, Inc. (a) | 331 | 12,611 | |
Hormel Foods Corp. | 4,638 | 202,402 | |
Hostess Brands, Inc. Class A (a) | 1,395 | 14,508 | |
J&J Snack Foods Corp. | 260 | 40,602 | |
John B. Sanfilippo & Son, Inc. | 162 | 10,216 | |
Lamb Weston Holdings, Inc. | 2,393 | 187,037 | |
Lancaster Colony Corp. | 336 | 57,584 | |
Pilgrim's Pride Corp. (a) | 1,007 | 17,784 | |
Post Holdings, Inc. (a) | 1,118 | 98,854 | |
Sanderson Farms, Inc. | 345 | 33,945 | |
Seaboard Corp. | 5 | 19,325 | |
The Hain Celestial Group, Inc. (a) | 1,759 | 43,764 | |
Tootsie Roll Industries, Inc. | 405 | 12,786 | |
TreeHouse Foods, Inc. (a) | 982 | 44,740 | |
1,156,565 | |||
Household Products - 0.2% | |||
Central Garden & Pet Co. (a) | 213 | 6,918 | |
Central Garden & Pet Co. Class A (non-vtg.) (a) | 545 | 16,159 | |
Energizer Holdings, Inc. | 1,070 | 62,884 | |
Spectrum Brands Holdings, Inc. | 381 | 24,746 | |
WD-40 Co. | 246 | 41,102 | |
151,809 | |||
Personal Products - 0.6% | |||
Avon Products, Inc. (a) | 7,329 | 14,365 | |
Coty, Inc. Class A | 8,172 | 86,215 | |
Edgewell Personal Care Co. (a) | 1,008 | 48,364 | |
elf Beauty, Inc. (a)(b) | 288 | 3,056 | |
Herbalife Nutrition Ltd. (a) | 2,409 | 128,303 | |
Inter Parfums, Inc. | 299 | 17,638 | |
MediFast, Inc. | 193 | 40,854 | |
Natural Health Trends Corp. | 108 | 2,456 | |
Nu Skin Enterprises, Inc. Class A | 886 | 62,215 | |
Revlon, Inc. (a) | 205 | 4,305 | |
USANA Health Sciences, Inc. (a) | 179 | 20,947 | |
428,718 | |||
Tobacco - 0.1% | |||
22nd Century Group, Inc. (a)(b) | 1,639 | 3,966 | |
Universal Corp. | 427 | 28,976 | |
Vector Group Ltd. | 1,888 | 25,526 | |
58,468 | |||
TOTAL CONSUMER STAPLES | 2,248,758 | ||
ENERGY - 4.0% | |||
Energy Equipment & Services - 1.1% | |||
Archrock, Inc. | 1,250 | 12,825 | |
Basic Energy Services, Inc. (a) | 299 | 2,323 | |
Bristow Group, Inc. (a) | 564 | 6,210 | |
C&J Energy Services, Inc. (a) | 1,103 | 20,714 | |
Carbo Ceramics, Inc. (a)(b) | 347 | 1,676 | |
Core Laboratories NV | 764 | 65,123 | |
Diamond Offshore Drilling, Inc. (a)(b) | 1,109 | 15,726 | |
Dril-Quip, Inc. (a) | 648 | 27,579 | |
Ensco PLC Class A | 5,254 | 37,514 | |
Exterran Corp. (a) | 567 | 11,845 | |
Forum Energy Technologies, Inc. (a) | 1,280 | 11,469 | |
Frank's International NV (a) | 742 | 5,268 | |
FTS International, Inc. (a) | 350 | 4,484 | |
Helix Energy Solutions Group, Inc. (a) | 2,301 | 19,605 | |
Helmerich & Payne, Inc. | 1,870 | 116,482 | |
Hornbeck Offshore Services, Inc. (a) | 462 | 1,455 | |
Key Energy Services, Inc. (a) | 128 | 1,158 | |
KLX Energy Services Holdings, Inc. (a) | 368 | 10,632 | |
Mammoth Energy Services, Inc. | 122 | 3,045 | |
Matrix Service Co. (a) | 476 | 9,677 | |
McDermott International, Inc. (a) | 1,385 | 10,706 | |
Nabors Industries Ltd. | 4,904 | 24,373 | |
NCS Multistage Holdings, Inc. (a) | 167 | 1,887 | |
Newpark Resources, Inc. (a) | 1,520 | 12,479 | |
Noble Corp. (a) | 4,204 | 21,104 | |
Oceaneering International, Inc. (a) | 1,703 | 32,255 | |
Oil States International, Inc. (a) | 907 | 20,199 | |
Patterson-UTI Energy, Inc. | 2,845 | 47,341 | |
Pioneer Energy Services Corp. (a) | 1,366 | 4,057 | |
Rowan Companies PLC (a) | 2,179 | 34,668 | |
RPC, Inc. | 1,031 | 15,341 | |
SEACOR Holdings, Inc. (a) | 277 | 13,293 | |
Smart Sand, Inc. (a) | 350 | 970 | |
Solaris Oilfield Infrastructure, Inc. Class A (a) | 167 | 2,204 | |
Superior Energy Services, Inc. (a) | 2,632 | 20,609 | |
TETRA Technologies, Inc. (a) | 2,085 | 6,192 | |
Transocean Ltd. (United States) (a)(b) | 6,736 | 74,163 | |
U.S. Silica Holdings, Inc. (b) | 1,239 | 17,346 | |
Unit Corp. (a) | 876 | 20,262 | |
Weatherford International PLC (a)(b) | 16,440 | 22,194 | |
786,453 | |||
Oil, Gas & Consumable Fuels - 2.9% | |||
Abraxas Petroleum Corp. (a) | 2,645 | 4,867 | |
Antero Resources Corp. (a) | 2,508 | 39,852 | |
Approach Resources, Inc. (a) | 791 | 1,321 | |
Arch Coal, Inc. | 427 | 40,949 | |
Ardmore Shipping Corp. (a) | 422 | 2,726 | |
Bonanza Creek Energy, Inc. (a) | 367 | 9,450 | |
California Resources Corp. (a) | 716 | 22,439 | |
Callon Petroleum Co. (a) | 3,496 | 34,855 | |
Carrizo Oil & Gas, Inc. (a) | 1,054 | 19,193 | |
Centennial Resource Development, Inc. Class A (a) | 2,976 | 57,020 | |
Chesapeake Energy Corp. (a)(b) | 12,901 | 45,283 | |
Clean Energy Fuels Corp. (a) | 1,519 | 3,357 | |
Cloud Peak Energy, Inc. (a) | 999 | 1,708 | |
CNX Resources Corp. (a) | 3,727 | 58,328 | |
CONSOL Energy, Inc. (a) | 436 | 17,370 | |
Contango Oil & Gas Co. (a) | 329 | 1,661 | |
Continental Resources, Inc. (a) | 1,489 | 78,441 | |
CVR Energy, Inc. | 266 | 11,438 | |
Delek U.S. Holdings, Inc. | 955 | 35,068 | |
Denbury Resources, Inc. (a) | 6,898 | 23,798 | |
Eclipse Resources Corp. (a) | 1,038 | 1,183 | |
Energen Corp. (a) | 1,678 | 120,766 | |
EP Energy Corp. (a) | 551 | 992 | |
Extraction Oil & Gas, Inc. (a) | 741 | 5,921 | |
Green Plains, Inc. | 625 | 10,650 | |
Gulfport Energy Corp. (a) | 2,689 | 24,497 | |
Halcon Resources Corp. (a) | 2,635 | 8,748 | |
Highpoint Resources, Inc. (a) | 1,211 | 4,505 | |
HollyFrontier Corp. | 3,036 | 204,748 | |
International Seaways, Inc. (a) | 208 | 4,474 | |
Kosmos Energy Ltd. (a) | 3,179 | 20,632 | |
Laredo Petroleum, Inc. (a) | 2,450 | 12,838 | |
Matador Resources Co. (a) | 1,605 | 46,288 | |
Midstates Petroleum Co., Inc. (a) | 398 | 2,870 | |
Murphy Oil Corp. | 2,800 | 89,208 | |
NACCO Industries, Inc. Class A | 63 | 2,176 | |
Newfield Exploration Co. (a) | 3,422 | 69,124 | |
Nine Energy Service, Inc. (a) | 113 | 4,184 | |
Oasis Petroleum, Inc. (a) | 4,106 | 41,306 | |
Overseas Shipholding Group, Inc. (a) | 553 | 1,736 | |
Pacific Ethanol, Inc. (a) | 629 | 1,032 | |
Par Pacific Holdings, Inc. (a) | 555 | 9,812 | |
Parsley Energy, Inc. Class A (a) | 3,836 | 89,839 | |
PBF Energy, Inc. Class A | 1,884 | 78,845 | |
PDC Energy, Inc. (a) | 969 | 41,134 | |
Peabody Energy Corp. | 1,807 | 64,058 | |
Penn Virginia Corp. (a) | 226 | 15,544 | |
QEP Resources, Inc. (a) | 4,158 | 37,048 | |
Range Resources Corp. | 3,203 | 50,768 | |
Renewable Energy Group, Inc. (a) | 590 | 18,337 | |
Resolute Energy Corp. (a)(b) | 348 | 9,685 | |
Rex American Resources Corp. (a) | 96 | 7,120 | |
Ring Energy, Inc. (a) | 679 | 4,841 | |
Sanchez Energy Corp. (a)(b) | 980 | 1,627 | |
SandRidge Energy, Inc. (a) | 299 | 2,676 | |
SemGroup Corp. Class A | 935 | 17,288 | |
SM Energy Co. | 1,675 | 40,770 | |
Southwestern Energy Co. (a) | 8,519 | 45,491 | |
SRC Energy, Inc. (a) | 3,488 | 24,695 | |
Talos Energy, Inc. (a) | 355 | 9,251 | |
Teekay Corp. | 813 | 5,390 | |
Teekay Tankers Ltd. | 1,884 | 2,091 | |
Tellurian, Inc. (a)(b) | 1,104 | 8,832 | |
Ultra Petroleum Corp. (a) | 2,883 | 3,460 | |
Uranium Energy Corp. (a)(b) | 1,932 | 2,570 | |
W&T Offshore, Inc. (a) | 1,599 | 10,777 | |
Whiting Petroleum Corp. (a) | 1,231 | 45,916 | |
WildHorse Resource Development Corp. (a) | 494 | 10,478 | |
World Fuel Services Corp. | 1,220 | 39,040 | |
WPX Energy, Inc. (a) | 6,737 | 108,061 | |
1,992,446 | |||
TOTAL ENERGY | 2,778,899 | ||
FINANCIALS - 15.0% | |||
Banks - 6.2% | |||
1st Source Corp. | 299 | 13,930 | |
Ameris Bancorp | 591 | 25,348 | |
Associated Banc-Corp. | 2,562 | 59,387 | |
Atlantic Capital Bancshares, Inc. (a) | 414 | 6,239 | |
Banc of California, Inc. | 822 | 13,111 | |
BancFirst Corp. | 279 | 16,009 | |
Bancorp, Inc., Delaware (a) | 1,002 | 10,521 | |
BancorpSouth Bank | 1,479 | 42,447 | |
Bank of Hawaii Corp. | 738 | 57,889 | |
Bank of Marin Bancorp | 92 | 7,819 | |
Bank of the Ozarks, Inc. | 1,571 | 42,983 | |
BankUnited, Inc. | 1,802 | 59,646 | |
Banner Corp. | 453 | 26,192 | |
Berkshire Hills Bancorp, Inc. | 549 | 18,320 | |
BOK Financial Corp. | 363 | 31,120 | |
Boston Private Financial Holdings, Inc. | 1,414 | 19,089 | |
Bridge Bancorp, Inc. | 335 | 9,950 | |
Brookline Bancorp, Inc., Delaware | 1,244 | 19,282 | |
Bryn Mawr Bank Corp. | 308 | 12,302 | |
Byline Bancorp, Inc. (a) | 83 | 1,826 | |
Cadence Bancorp Class A | 338 | 7,456 | |
Camden National Corp. | 255 | 10,340 | |
Carolina Financial Corp. | 296 | 9,795 | |
Cathay General Bancorp | 1,287 | 48,481 | |
Centerstate Banks of Florida, Inc. | 853 | 20,967 | |
Central Pacific Financial Corp. | 543 | 14,683 | |
Chemical Financial Corp. | 1,221 | 57,216 | |
CIT Group, Inc. | 2,264 | 107,268 | |
City Holding Co. | 265 | 19,552 | |
Columbia Banking Systems, Inc. | 1,010 | 37,461 | |
Commerce Bancshares, Inc. | 1,575 | 100,170 | |
Community Bank System, Inc. | 768 | 44,844 | |
Community Trust Bancorp, Inc. | 266 | 12,106 | |
ConnectOne Bancorp, Inc. | 534 | 11,070 | |
Cullen/Frost Bankers, Inc. | 966 | 94,591 | |
Customers Bancorp, Inc. (a) | 494 | 10,122 | |
CVB Financial Corp. | 1,749 | 38,216 | |
Eagle Bancorp, Inc. (a) | 502 | 24,683 | |
Enterprise Financial Services Corp. | 352 | 15,294 | |
Equity Bancshares, Inc. (a) | 171 | 6,171 | |
FCB Financial Holdings, Inc. Class A (a) | 659 | 25,787 | |
Fidelity Southern Corp. | 397 | 9,218 | |
Financial Institutions, Inc. | 218 | 6,224 | |
First Bancorp, North Carolina | 358 | 13,207 | |
First Bancorp, Puerto Rico (a) | 2,672 | 24,663 | |
First Busey Corp. | 544 | 15,188 | |
First Citizen Bancshares, Inc. | 152 | 64,848 | |
First Commonwealth Financial Corp. | 1,550 | 20,925 | |
First Financial Bancorp, Ohio | 1,074 | 28,107 | |
First Financial Bankshares, Inc. (b) | 1,142 | 67,367 | |
First Foundation, Inc. (a) | 422 | 6,841 | |
First Hawaiian, Inc. | 896 | 22,203 | |
First Horizon National Corp. | 4,035 | 65,125 | |
First Internet Bancorp | 119 | 3,067 | |
First Interstate Bancsystem, Inc. | 341 | 14,138 | |
First Merchants Corp. | 699 | 29,085 | |
First Midwest Bancorp, Inc., Delaware | 1,370 | 31,455 | |
First of Long Island Corp. | 397 | 8,023 | |
Flushing Financial Corp. | 491 | 11,141 | |
FNB Corp., Pennsylvania | 3,608 | 42,683 | |
Franklin Financial Network, Inc. (a) | 225 | 7,628 | |
Fulton Financial Corp. | 3,009 | 48,174 | |
German American Bancorp, Inc. | 395 | 12,525 | |
Glacier Bancorp, Inc. | 1,324 | 56,138 | |
Great Western Bancorp, Inc. | 1,019 | 37,346 | |
Green Bancorp, Inc. | 439 | 8,122 | |
Guaranty Bancorp | 306 | 7,962 | |
Hancock Whitney Corp. | 1,439 | 60,380 | |
Hanmi Financial Corp. | 570 | 11,959 | |
Heartland Financial U.S.A., Inc. | 370 | 19,662 | |
Heritage Commerce Corp. | 499 | 7,240 | |
Heritage Financial Corp., Washington | 520 | 17,014 | |
Hilltop Holdings, Inc. | 1,349 | 26,845 | |
Home Bancshares, Inc. | 2,149 | 40,917 | |
Hope Bancorp, Inc. | 2,178 | 31,537 | |
Horizon Bancorp, Inc. Indiana | 569 | 9,536 | |
IBERIABANK Corp. | 764 | 56,910 | |
Independent Bank Corp. | 332 | 7,347 | |
Independent Bank Corp., Massachusetts | 468 | 36,715 | |
Independent Bank Group, Inc. | 184 | 10,655 | |
International Bancshares Corp. | 996 | 38,545 | |
Investors Bancorp, Inc. | 5,353 | 59,847 | |
Lakeland Bancorp, Inc. | 625 | 10,294 | |
Lakeland Financial Corp. | 447 | 19,234 | |
LegacyTexas Financial Group, Inc. | 723 | 27,857 | |
Live Oak Bancshares, Inc. | 391 | 7,194 | |
Luther Burbank Corp. | 155 | 1,499 | |
MB Financial, Inc. | 1,226 | 54,422 | |
Merchants Bancorp/IN | 93 | 2,139 | |
Metropolitan Bank Holding Corp. (a) | 43 | 1,585 | |
Midland States Bancorp, Inc. | 109 | 2,940 | |
National Bank Holdings Corp. | 466 | 15,732 | |
National Commerce Corp. (a) | 194 | 7,197 | |
NBT Bancorp, Inc. | 746 | 27,222 | |
OFG Bancorp | 736 | 12,578 | |
Old National Bancorp, Indiana | 2,341 | 41,787 | |
Opus Bank | 323 | 6,134 | |
Pacific Premier Bancorp, Inc. (a) | 479 | 14,001 | |
PacWest Bancorp | 2,076 | 84,327 | |
Park National Corp. | 222 | 20,291 | |
Peapack-Gladstone Financial Corp. | 259 | 6,990 | |
Peoples United Financial, Inc. | 5,374 | 84,157 | |
Pinnacle Financial Partners, Inc. | 799 | 41,788 | |
Popular, Inc. | 1,789 | 93,046 | |
Preferred Bank, Los Angeles | 224 | 11,516 | |
Prosperity Bancshares, Inc. | 1,200 | 78,036 | |
QCR Holdings, Inc. | 214 | 7,796 | |
Renasant Corp. | 721 | 25,148 | |
S&T Bancorp, Inc. | 592 | 23,745 | |
Sandy Spring Bancorp, Inc. | 398 | 14,149 | |
Seacoast Banking Corp., Florida (a) | 525 | 13,813 | |
ServisFirst Bancshares, Inc. | 770 | 27,705 | |
Signature Bank | 928 | 101,987 | |
Simmons First National Corp. Class A | 1,002 | 26,834 | |
South State Corp. | 421 | 28,489 | |
Southside Bancshares, Inc. | 487 | 15,428 | |
State Bank Financial Corp. | 626 | 16,007 | |
Sterling Bancorp | 2,266 | 40,743 | |
Stock Yards Bancorp, Inc. | 355 | 11,257 | |
Synovus Financial Corp. | 2,112 | 79,327 | |
TCF Financial Corp. | 2,953 | 61,659 | |
Texas Capital Bancshares, Inc. (a) | 849 | 55,380 | |
Tompkins Financial Corp. | 219 | 16,015 | |
TowneBank | 961 | 27,033 | |
Trico Bancshares | 359 | 12,931 | |
TriState Capital Holdings, Inc. (a) | 382 | 9,634 | |
Triumph Bancorp, Inc. (a) | 324 | 11,619 | |
Trustmark Corp. | 1,162 | 35,790 | |
UMB Financial Corp. | 754 | 48,143 | |
Umpqua Holdings Corp. | 3,810 | 73,152 | |
Union Bankshares Corp. | 748 | 25,537 | |
United Bankshares, Inc., West Virginia | 1,397 | 46,338 | |
United Community Bank, Inc. | 1,225 | 30,466 | |
Univest Corp. of Pennsylvania | 435 | 10,858 | |
Valley National Bancorp | 4,404 | 43,952 | |
Veritex Holdings, Inc. (a) | 307 | 7,233 | |
Washington Trust Bancorp, Inc. | 237 | 12,170 | |
Webster Financial Corp. | 1,586 | 93,320 | |
WesBanco, Inc. | 682 | 27,348 | |
Westamerica Bancorp. | 451 | 26,253 | |
Western Alliance Bancorp. (a) | 1,635 | 78,872 | |
Wintrust Financial Corp. | 896 | 68,221 | |
4,232,513 | |||
Capital Markets - 2.1% | |||
Arlington Asset Investment Corp. | 565 | 4,752 | |
Artisan Partners Asset Management, Inc. | 680 | 18,639 | |
B. Riley Financial, Inc. | 245 | 4,716 | |
BGC Partners, Inc. Class A | 3,808 | 40,327 | |
Blucora, Inc. (a) | 665 | 19,232 | |
Brighthouse Financial, Inc. (a) | 1,660 | 65,786 | |
Cohen & Steers, Inc. | 341 | 13,091 | |
Cowen Group, Inc. Class A (a) | 454 | 6,719 | |
Diamond Hill Investment Group, Inc. | 57 | 9,814 | |
Eaton Vance Corp. (non-vtg.) | 1,958 | 88,208 | |
Evercore, Inc. Class A | 675 | 55,141 | |
FactSet Research Systems, Inc. | 688 | 153,947 | |
Federated Investors, Inc. Class B (non-vtg.) | 1,585 | 39,102 | |
Gain Capital Holdings, Inc. | 363 | 2,773 | |
Greenhill & Co., Inc. (b) | 480 | 10,584 | |
Hamilton Lane, Inc. Class A | 242 | 9,288 | |
Houlihan Lokey | 360 | 14,825 | |
Interactive Brokers Group, Inc. | 1,161 | 57,365 | |
INTL FCStone, Inc. (a) | 270 | 12,226 | |
Investment Technology Group, Inc. | 517 | 14,207 | |
Janus Henderson Group PLC | 3,111 | 76,437 | |
Lazard Ltd. Class A | 2,245 | 89,216 | |
Legg Mason, Inc. | 1,563 | 44,108 | |
LPL Financial | 1,371 | 84,454 | |
MarketAxess Holdings, Inc. | 649 | 136,076 | |
Moelis & Co. Class A | 394 | 15,902 | |
Morningstar, Inc. | 320 | 39,936 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 171 | 5,260 | |
Piper Jaffray Companies | 254 | 17,623 | |
PJT Partners, Inc. | 283 | 12,831 | |
Stifel Financial Corp. | 1,149 | 52,532 | |
The NASDAQ OMX Group, Inc. | 1,964 | 170,298 | |
Virtu Financial, Inc. Class A | 683 | 16,201 | |
Virtus Investment Partners, Inc. | 115 | 11,424 | |
Waddell & Reed Financial, Inc. Class A (b) | 1,426 | 27,194 | |
Westwood Holdings Group, Inc. | 146 | 6,183 | |
WisdomTree Investments, Inc. | 1,941 | 15,082 | |
1,461,499 | |||
Consumer Finance - 0.8% | |||
Credit Acceptance Corp. (a) | 218 | 92,524 | |
Elevate Credit, Inc. (a) | 206 | 878 | |
Encore Capital Group, Inc. (a)(b) | 420 | 10,672 | |
Enova International, Inc. (a) | 408 | 9,649 | |
EZCORP, Inc. (non-vtg.) Class A (a)(b) | 862 | 8,568 | |
First Cash Financial Services, Inc. | 839 | 67,456 | |
Green Dot Corp. Class A (a) | 764 | 57,865 | |
LendingClub Corp. (a) | 5,553 | 17,936 | |
Navient Corp. | 5,248 | 60,772 | |
Nelnet, Inc. Class A | 327 | 18,407 | |
OneMain Holdings, Inc. (a) | 895 | 25,525 | |
PRA Group, Inc. (a) | 800 | 24,672 | |
Regional Management Corp. (a) | 145 | 4,185 | |
Santander Consumer U.S.A. Holdings, Inc. | 1,911 | 35,831 | |
SLM Corp. (a) | 7,420 | 75,239 | |
World Acceptance Corp. (a) | 105 | 10,656 | |
520,835 | |||
Diversified Financial Services - 0.5% | |||
Acushnet Holdings Corp. | 304 | 7,427 | |
Cannae Holdings, Inc. (a) | 1,128 | 20,834 | |
Donnelley Financial Solutions, Inc. (a) | 471 | 7,324 | |
FB Financial Corp. | 92 | 3,356 | |
Granite Point Mortgage Trust, Inc. | 753 | 14,013 | |
Jefferies Financial Group, Inc. | 5,601 | 120,253 | |
On Deck Capital, Inc. (a) | 661 | 4,561 | |
Rafael Holdings, Inc. (a) | 143 | 1,164 | |
Victory Capital Holdings, Inc. (a) | 199 | 1,552 | |
Voya Financial, Inc. | 3,360 | 147,034 | |
327,518 | |||
Insurance - 3.3% | |||
AMBAC Financial Group, Inc. (a) | 760 | 15,641 | |
American Equity Investment Life Holding Co. | 1,521 | 47,486 | |
American Financial Group, Inc. | 1,252 | 125,238 | |
American National Insurance Co. | 137 | 16,884 | |
Amerisafe, Inc. | 325 | 21,154 | |
AmTrust Financial Services, Inc. | 1,799 | 25,798 | |
Argo Group International Holdings, Ltd. | 597 | 36,781 | |
Aspen Insurance Holdings Ltd. | 1,038 | 43,471 | |
Assurant, Inc. | 983 | 95,557 | |
Assured Guaranty Ltd. | 2,242 | 89,635 | |
Athene Holding Ltd. (a) | 887 | 40,554 | |
Axis Capital Holdings Ltd. | 1,525 | 85,080 | |
Brown & Brown, Inc. | 3,941 | 111,057 | |
CNO Financial Group, Inc. | 3,003 | 56,757 | |
eHealth, Inc. (a) | 291 | 9,999 | |
Employers Holdings, Inc. | 558 | 25,646 | |
Enstar Group Ltd. (a) | 184 | 33,414 | |
Erie Indemnity Co. Class A | 318 | 41,241 | |
Everest Re Group Ltd. | 708 | 154,245 | |
FBL Financial Group, Inc. Class A | 171 | 11,796 | |
First American Financial Corp. | 1,895 | 84,005 | |
Genworth Financial, Inc. Class A (a) | 8,616 | 36,876 | |
Greenlight Capital Re, Ltd. (a) | 546 | 6,328 | |
Hanover Insurance Group, Inc. | 735 | 81,864 | |
HCI Group, Inc. | 136 | 5,939 | |
Health Insurance Innovations, Inc. (a) | 207 | 10,122 | |
Heritage Insurance Holdings, Inc. | 466 | 6,505 | |
Horace Mann Educators Corp. | 700 | 27,496 | |
James River Group Holdings Ltd. | 309 | 11,897 | |
Kemper Corp. | 841 | 63,235 | |
Kinsale Capital Group, Inc. | 193 | 11,524 | |
Maiden Holdings Ltd. | 1,164 | 4,086 | |
MBIA, Inc. (a)(b) | 2,249 | 22,265 | |
Mercury General Corp. | 631 | 37,425 | |
National General Holdings Corp. | 1,069 | 29,782 | |
National Western Life Group, Inc. | 40 | 10,771 | |
Navigators Group, Inc. | 380 | 26,277 | |
Old Republic International Corp. | 4,206 | 92,742 | |
Primerica, Inc. | 792 | 86,914 | |
ProAssurance Corp. | 924 | 40,582 | |
RenaissanceRe Holdings Ltd. | 710 | 86,734 | |
RLI Corp. | 659 | 48,720 | |
Safety Insurance Group, Inc. | 245 | 20,404 | |
Selective Insurance Group, Inc. | 1,001 | 64,915 | |
Stewart Information Services Corp. | 410 | 16,925 | |
Third Point Reinsurance Ltd. (a) | 1,017 | 11,248 | |
Trupanion, Inc. (a)(b) | 281 | 7,098 | |
United Fire Group, Inc. | 376 | 20,240 | |
United Insurance Holdings Corp. | 286 | 5,640 | |
Universal Insurance Holdings, Inc. | 564 | 23,677 | |
W.R. Berkley Corp. | 1,663 | 126,222 | |
White Mountains Insurance Group Ltd. | 79 | 70,047 | |
2,285,939 | |||
Mortgage Real Estate Investment Trusts - 1.1% | |||
AG Mortgage Investment Trust, Inc. | 423 | 7,318 | |
AGNC Investment Corp. | 5,646 | 100,725 | |
Anworth Mortgage Asset Corp. | 1,734 | 7,560 | |
Apollo Commercial Real Estate Finance, Inc. | 1,320 | 24,697 | |
Arbor Realty Trust, Inc. (b) | 816 | 9,857 | |
Ares Commercial Real Estate Corp. | 536 | 7,756 | |
Armour Residential REIT, Inc. | 680 | 14,810 | |
Blackstone Mortgage Trust, Inc. | 1,598 | 53,917 | |
Capstead Mortgage Corp. | 1,605 | 11,010 | |
Cherry Hill Mortgage Investment Corp. | 275 | 4,925 | |
Chimera Investment Corp. | 3,041 | 56,563 | |
Dynex Capital, Inc. | 964 | 5,582 | |
Ellington Residential Mortgage REIT | 152 | 1,605 | |
Exantas Capital Corp. | 586 | 6,645 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 783 | 16,247 | |
Invesco Mortgage Capital, Inc. | 1,895 | 28,577 | |
Ladder Capital Corp. Class A | 1,082 | 18,221 | |
MFA Financial, Inc. | 6,338 | 43,922 | |
New Residential Investment Corp. | 5,125 | 91,635 | |
New York Mortgage Trust, Inc. (b) | 1,922 | 11,801 | |
Orchid Island Capital, Inc. | 299 | 1,955 | |
PennyMac Mortgage Investment Trust | 1,133 | 21,878 | |
Redwood Trust, Inc. | 1,316 | 21,609 | |
Starwood Property Trust, Inc. | 4,398 | 95,525 | |
TPG RE Finance Trust, Inc. | 144 | 2,854 | |
Two Harbors Investment Corp. | 3,636 | 53,413 | |
Western Asset Mortgage Capital Corp. | 807 | 8,046 | |
728,653 | |||
Real Estate Management & Development - 0.0% | |||
The RMR Group, Inc. | 125 | 9,485 | |
Thrifts & Mortgage Finance - 1.0% | |||
Beneficial Bancorp, Inc. | 1,321 | 20,647 | |
BofI Holding, Inc. (a) | 981 | 29,783 | |
Capitol Federal Financial, Inc. | 2,166 | 26,880 | |
Dime Community Bancshares, Inc. | 556 | 8,963 | |
Essent Group Ltd. (a) | 1,266 | 49,906 | |
Farmer Mac Class C (non-vtg.) | 160 | 11,174 | |
First Defiance Financial Corp. | 336 | 9,146 | |
Flagstar Bancorp, Inc. (a) | 357 | 10,992 | |
HomeStreet, Inc. (a) | 445 | 11,561 | |
Kearny Financial Corp. | 1,539 | 19,915 | |
LendingTree, Inc. (a)(b) | 125 | 25,211 | |
Meridian Bancorp, Inc. Maryland | 854 | 13,527 | |
Meta Financial Group, Inc. | 475 | 11,989 | |
MGIC Investment Corp. (a) | 5,881 | 71,807 | |
New York Community Bancorp, Inc. | 8,408 | 80,549 | |
NMI Holdings, Inc. (a) | 913 | 19,301 | |
Northfield Bancorp, Inc. | 725 | 9,548 | |
Northwest Bancshares, Inc. | 1,746 | 28,180 | |
OceanFirst Financial Corp. | 493 | 12,483 | |
Ocwen Financial Corp. (a) | 1,841 | 6,444 | |
Oritani Financial Corp. | 671 | 9,803 | |
PDL Community Bancorp | 141 | 1,933 | |
PennyMac Financial Services, Inc. | 337 | 6,737 | |
Provident Financial Services, Inc. | 1,020 | 24,888 | |
Radian Group, Inc. | 3,701 | 71,022 | |
Sterling Bancorp, Inc. | 253 | 2,619 | |
TFS Financial Corp. | 1,009 | 14,842 | |
Trustco Bank Corp., New York | 1,679 | 12,576 | |
United Financial Bancorp, Inc. New | 890 | 13,751 | |
Walker & Dunlop, Inc. | 469 | 19,679 | |
Washington Federal, Inc. | 1,543 | 43,451 | |
WSFS Financial Corp. | 460 | 19,564 | |
718,871 | |||
TOTAL FINANCIALS | 10,285,313 | ||
HEALTH CARE - 11.3% | |||
Biotechnology - 3.4% | |||
Abeona Therapeutics, Inc. (a) | 554 | 4,764 | |
ACADIA Pharmaceuticals, Inc. (a) | 1,639 | 31,928 | |
Acceleron Pharma, Inc. (a) | 551 | 27,974 | |
Achaogen, Inc. (a) | 437 | 1,682 | |
Achillion Pharmaceuticals, Inc. (a) | 1,857 | 5,311 | |
Acorda Therapeutics, Inc. (a) | 781 | 14,925 | |
Adamas Pharmaceuticals, Inc. (a)(b) | 275 | 4,551 | |
Aduro Biotech, Inc. (a) | 443 | 1,878 | |
Agenus, Inc. (a)(b) | 1,292 | 2,054 | |
Agios Pharmaceuticals, Inc. (a) | 573 | 36,133 | |
Aimmune Therapeutics, Inc. (a) | 364 | 9,675 | |
Akebia Therapeutics, Inc. (a) | 619 | 4,636 | |
Alder Biopharmaceuticals, Inc. (a) | 780 | 9,906 | |
Alkermes PLC (a) | 2,632 | 107,465 | |
AMAG Pharmaceuticals, Inc. (a) | 611 | 13,137 | |
Amicus Therapeutics, Inc. (a) | 2,472 | 27,637 | |
AnaptysBio, Inc. (a) | 95 | 7,098 | |
Anavex Life Sciences Corp. (a) | 535 | 1,289 | |
Apellis Pharmaceuticals, Inc. (a) | 183 | 2,560 | |
Ardelyx, Inc. (a) | 183 | 503 | |
Arena Pharmaceuticals, Inc. (a) | 435 | 15,512 | |
Array BioPharma, Inc. (a) | 2,935 | 47,547 | |
Arrowhead Pharmaceuticals, Inc. (a)(b) | 1,185 | 15,073 | |
Atara Biotherapeutics, Inc. (a) | 365 | 12,472 | |
Athersys, Inc. (a) | 1,725 | 3,226 | |
Audentes Therapeutics, Inc. (a) | 463 | 13,057 | |
AVEO Pharmaceuticals, Inc. (a)(b) | 1,804 | 4,420 | |
Bellicum Pharmaceuticals, Inc. (a) | 292 | 1,188 | |
BioCryst Pharmaceuticals, Inc. (a) | 1,178 | 8,623 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a) | 189 | 6,813 | |
Blueprint Medicines Corp. (a) | 434 | 26,374 | |
Calithera Biosciences, Inc. (a) | 457 | 2,157 | |
Cara Therapeutics, Inc. (a)(b) | 367 | 6,878 | |
Catalyst Pharmaceutical Partners, Inc. (a) | 1,787 | 5,325 | |
Celldex Therapeutics, Inc. (a) | 1,577 | 496 | |
Clovis Oncology, Inc. (a) | 731 | 8,502 | |
Coherus BioSciences, Inc. (a) | 602 | 7,037 | |
Conatus Pharmaceuticals, Inc. (a)(b) | 462 | 1,917 | |
Concert Pharmaceuticals, Inc. (a) | 272 | 4,058 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 762 | 5,075 | |
Cue Biopharma, Inc. (a) | 186 | 1,179 | |
Curis, Inc. (a) | 327 | 533 | |
Cytokinetics, Inc. (a) | 705 | 4,716 | |
CytomX Therapeutics, Inc. (a) | 374 | 5,333 | |
Deciphera Pharmaceuticals, Inc. (a) | 101 | 2,039 | |
Denali Therapeutics, Inc. (a)(b) | 265 | 3,835 | |
Dynavax Technologies Corp. (a) | 698 | 6,903 | |
Eagle Pharmaceuticals, Inc. (a) | 137 | 6,746 | |
Editas Medicine, Inc. (a) | 273 | 6,915 | |
Emergent BioSolutions, Inc. (a) | 602 | 36,836 | |
Enanta Pharmaceuticals, Inc. (a) | 236 | 18,210 | |
Epizyme, Inc. (a) | 742 | 5,973 | |
Esperion Therapeutics, Inc. (a) | 288 | 13,084 | |
Exact Sciences Corp. (a) | 1,874 | 133,148 | |
Exelixis, Inc. (a) | 3,927 | 54,467 | |
FibroGen, Inc. (a) | 912 | 39,097 | |
Five Prime Therapeutics, Inc. (a) | 532 | 6,458 | |
Flexion Therapeutics, Inc. (a)(b) | 364 | 4,929 | |
Genomic Health, Inc. (a) | 327 | 23,449 | |
Geron Corp. (a) | 2,351 | 3,597 | |
Global Blood Therapeutics, Inc. (a) | 336 | 11,790 | |
GlycoMimetics, Inc. (a) | 386 | 4,856 | |
Halozyme Therapeutics, Inc. (a) | 1,973 | 30,641 | |
Heron Therapeutics, Inc. (a) | 740 | 20,542 | |
Idera Pharmaceuticals, Inc. (a) | 231 | 1,541 | |
Immune Design Corp. (a) | 281 | 405 | |
ImmunoGen, Inc. (a) | 1,545 | 8,389 | |
Immunomedics, Inc. (a)(b) | 1,712 | 38,571 | |
Inovio Pharmaceuticals, Inc. (a) | 1,119 | 5,517 | |
Insmed, Inc. (a) | 1,047 | 15,286 | |
Insys Therapeutics, Inc. (a) | 347 | 2,960 | |
Intellia Therapeutics, Inc. (a) | 102 | 1,732 | |
Intercept Pharmaceuticals, Inc. (a) | 305 | 29,283 | |
Intrexon Corp. (a)(b) | 1,070 | 12,369 | |
Invitae Corp. (a) | 525 | 7,450 | |
Ionis Pharmaceuticals, Inc. (a) | 2,099 | 104,005 | |
Iovance Biotherapeutics, Inc. (a) | 894 | 8,118 | |
Ironwood Pharmaceuticals, Inc. Class A (a) | 2,289 | 29,986 | |
Jounce Therapeutics, Inc. (a) | 90 | 364 | |
Kadmon Holdings, Inc. (a) | 1,159 | 2,747 | |
Karyopharm Therapeutics, Inc. (a) | 347 | 3,657 | |
Keryx Biopharmaceuticals, Inc. (a) | 1,724 | 4,793 | |
Kura Oncology, Inc. (a) | 299 | 3,250 | |
La Jolla Pharmaceutical Co. (a)(b) | 203 | 3,309 | |
Lexicon Pharmaceuticals, Inc. (a) | 832 | 6,515 | |
Ligand Pharmaceuticals, Inc. Class B (a) | 330 | 54,387 | |
Loxo Oncology, Inc. (a) | 284 | 43,355 | |
Macrogenics, Inc. (a) | 573 | 9,432 | |
MannKind Corp. (a)(b) | 740 | 1,354 | |
Merrimack Pharmaceuticals, Inc. (a) | 173 | 673 | |
MiMedx Group, Inc. (a)(b) | 1,746 | 10,162 | |
Minerva Neurosciences, Inc. (a) | 227 | 2,490 | |
Mirati Therapeutics, Inc. (a) | 450 | 16,817 | |
Momenta Pharmaceuticals, Inc. (a) | 1,064 | 13,311 | |
Myriad Genetics, Inc. (a) | 1,166 | 52,505 | |
Natera, Inc. (a) | 442 | 9,706 | |
Neurocrine Biosciences, Inc. (a) | 1,503 | 161,046 | |
NewLink Genetics Corp. (a) | 409 | 773 | |
Novavax, Inc. (a)(b) | 4,686 | 8,247 | |
Opko Health, Inc. (a)(b) | 6,299 | 21,291 | |
Organovo Holdings, Inc. (a) | 1,418 | 1,432 | |
PDL BioPharma, Inc. (a) | 3,213 | 8,000 | |
Portola Pharmaceuticals, Inc. (a) | 956 | 18,824 | |
Progenics Pharmaceuticals, Inc. (a) | 1,256 | 6,293 | |
Prothena Corp. PLC (a) | 621 | 7,700 | |
PTC Therapeutics, Inc. (a) | 591 | 22,765 | |
Puma Biotechnology, Inc. (a) | 475 | 17,599 | |
Radius Health, Inc. (a) | 613 | 9,704 | |
REGENXBIO, Inc. (a) | 341 | 22,734 | |
Repligen Corp. (a) | 596 | 32,315 | |
Retrophin, Inc. (a) | 606 | 15,550 | |
Rigel Pharmaceuticals, Inc. (a) | 1,866 | 5,355 | |
Sage Therapeutics, Inc. (a) | 534 | 68,715 | |
Sangamo Therapeutics, Inc. (a) | 1,199 | 15,191 | |
Sarepta Therapeutics, Inc. (a)(b) | 868 | 116,104 | |
Savara, Inc. (a) | 448 | 4,032 | |
Seattle Genetics, Inc. (a) | 1,665 | 93,456 | |
Selecta Biosciences, Inc. (a) | 118 | 607 | |
Seres Therapeutics, Inc. (a) | 279 | 1,917 | |
Solid Biosciences, Inc. (a) | 127 | 4,064 | |
Sorrento Therapeutics, Inc. (a) | 317 | 1,011 | |
Spark Therapeutics, Inc. (a) | 393 | 17,681 | |
Spectrum Pharmaceuticals, Inc. (a) | 1,229 | 14,625 | |
Stemline Therapeutics, Inc. (a) | 390 | 5,842 | |
Syndax Pharmaceuticals, Inc. (a) | 336 | 1,616 | |
Synergy Pharmaceuticals, Inc. (a)(b) | 3,198 | 1,333 | |
Syros Pharmaceuticals, Inc. (a) | 283 | 1,862 | |
TESARO, Inc. (a)(b) | 596 | 17,212 | |
TG Therapeutics, Inc. (a) | 595 | 2,707 | |
Tocagen, Inc. (a) | 159 | 1,663 | |
Ultragenyx Pharmaceutical, Inc. (a) | 654 | 31,686 | |
United Therapeutics Corp. (a) | 737 | 81,704 | |
Vanda Pharmaceuticals, Inc. (a) | 777 | 14,740 | |
Verastem, Inc. (a)(b) | 714 | 3,620 | |
Vericel Corp. (a) | 620 | 6,913 | |
Voyager Therapeutics, Inc. (a) | 311 | 4,220 | |
Xencor, Inc. (a) | 643 | 21,039 | |
ZIOPHARM Oncology, Inc. (a)(b) | 1,738 | 3,441 | |
2,357,200 | |||
Health Care Equipment & Supplies - 2.9% | |||
Accuray, Inc. (a) | 1,507 | 6,766 | |
Angiodynamics, Inc. (a) | 518 | 10,583 | |
Anika Therapeutics, Inc. (a) | 253 | 9,047 | |
Antares Pharma, Inc. (a) | 2,539 | 7,592 | |
Atricure, Inc. (a) | 521 | 16,573 | |
Atrion Corp. | 25 | 17,055 | |
Avanos Medical, Inc. (a) | 808 | 45,733 | |
AxoGen, Inc. (a) | 443 | 16,519 | |
Cantel Medical Corp. | 628 | 49,706 | |
Cardiovascular Systems, Inc. (a) | 565 | 15,848 | |
Cerus Corp. (a) | 1,761 | 11,799 | |
CONMED Corp. | 425 | 28,658 | |
Cryolife, Inc. (a) | 460 | 14,251 | |
Cutera, Inc. (a) | 220 | 4,466 | |
DexCom, Inc. (a) | 1,459 | 193,711 | |
Endologix, Inc. (a) | 1,380 | 1,684 | |
Genmark Diagnostics, Inc. (a) | 834 | 4,445 | |
Glaukos Corp. (a) | 191 | 11,067 | |
Globus Medical, Inc. (a) | 1,244 | 65,745 | |
Haemonetics Corp. (a) | 891 | 93,083 | |
Heska Corp. (a) | 110 | 11,024 | |
Hill-Rom Holdings, Inc. | 1,032 | 86,771 | |
ICU Medical, Inc. (a) | 257 | 65,466 | |
Inogen, Inc. (a) | 277 | 52,511 | |
Insulet Corp. (a) | 994 | 87,681 | |
Integer Holdings Corp. (a) | 476 | 35,448 | |
Integra LifeSciences Holdings Corp. (a) | 1,034 | 55,391 | |
Invacare Corp. | 573 | 7,403 | |
iRhythm Technologies, Inc. (a) | 117 | 9,039 | |
K2M Group Holdings, Inc. (a) | 615 | 16,839 | |
Lantheus Holdings, Inc. (a) | 519 | 7,250 | |
LeMaitre Vascular, Inc. | 194 | 5,180 | |
LivaNova PLC (a) | 755 | 84,552 | |
Masimo Corp. (a) | 762 | 88,087 | |
Meridian Bioscience, Inc. | 750 | 12,158 | |
Merit Medical Systems, Inc. (a) | 771 | 44,040 | |
Natus Medical, Inc. (a) | 564 | 16,852 | |
Neogen Corp. (a) | 871 | 52,887 | |
Nevro Corp. (a) | 383 | 18,675 | |
NuVasive, Inc. (a) | 871 | 48,924 | |
NxStage Medical, Inc. (a) | 1,007 | 28,579 | |
OraSure Technologies, Inc. (a) | 957 | 13,302 | |
Orthofix International NV (a) | 303 | 18,428 | |
Penumbra, Inc. (a) | 443 | 60,248 | |
Pulse Biosciences, Inc. (a) | 48 | 615 | |
Quidel Corp. (a) | 487 | 31,343 | |
Rockwell Medical Technologies, Inc. (a) | 697 | 2,844 | |
Sientra, Inc. (a) | 186 | 3,830 | |
Staar Surgical Co. (a) | 457 | 18,330 | |
Steris PLC | 1,465 | 160,139 | |
Tactile Systems Technology, Inc. (a) | 248 | 16,239 | |
Varex Imaging Corp. (a) | 651 | 16,900 | |
ViewRay, Inc. (a)(b) | 553 | 4,783 | |
West Pharmaceutical Services, Inc. | 1,263 | 133,777 | |
Wright Medical Group NV (a) | 1,789 | 48,267 | |
1,988,133 | |||
Health Care Providers & Services - 1.8% | |||
Acadia Healthcare Co., Inc. (a)(b) | 1,318 | 54,697 | |
Aceto Corp. | 498 | 1,021 | |
Amedisys, Inc. (a) | 482 | 53,020 | |
American Renal Associates Holdings, Inc. (a) | 206 | 3,974 | |
AMN Healthcare Services, Inc. (a) | 832 | 42,116 | |
BioScrip, Inc. (a) | 2,188 | 5,864 | |
BioTelemetry, Inc. (a) | 484 | 28,120 | |
Brookdale Senior Living, Inc. (a) | 3,243 | 28,960 | |
Capital Senior Living Corp. (a) | 514 | 4,626 | |
Chemed Corp. | 280 | 85,212 | |
Community Health Systems, Inc. (a)(b) | 1,799 | 5,685 | |
Corvel Corp. (a) | 183 | 10,607 | |
Cross Country Healthcare, Inc. (a) | 538 | 4,751 | |
Diplomat Pharmacy, Inc. (a) | 720 | 14,285 | |
G1 Therapeutics, Inc. (a) | 132 | 5,281 | |
HealthEquity, Inc. (a) | 742 | 68,116 | |
HealthSouth Corp. | 1,547 | 104,113 | |
LHC Group, Inc. (a) | 255 | 23,315 | |
LifePoint Hospitals, Inc. (a) | 689 | 44,689 | |
Magellan Health Services, Inc. (a) | 398 | 25,894 | |
MEDNAX, Inc. (a) | 1,601 | 66,105 | |
Molina Healthcare, Inc. (a) | 735 | 93,176 | |
National Healthcare Corp. | 176 | 13,997 | |
National Vision Holdings, Inc. | 276 | 11,435 | |
OptiNose, Inc. | 114 | 1,206 | |
Owens & Minor, Inc. | 1,075 | 8,493 | |
Patterson Companies, Inc. | 1,448 | 32,696 | |
Premier, Inc. (a) | 866 | 38,970 | |
Providence Service Corp. (a) | 211 | 13,945 | |
Quorum Health Corp. (a) | 442 | 1,759 | |
RadNet, Inc. (a) | 537 | 7,948 | |
Select Medical Holdings Corp. (a) | 1,858 | 30,806 | |
Surgery Partners, Inc. (a) | 330 | 4,485 | |
Tenet Healthcare Corp. (a) | 1,381 | 35,533 | |
The Ensign Group, Inc. | 827 | 30,632 | |
Tivity Health, Inc. (a) | 582 | 20,027 | |
Triple-S Management Corp. (a) | 414 | 7,104 | |
U.S. Physical Therapy, Inc. | 217 | 23,332 | |
Wellcare Health Plans, Inc. (a) | 764 | 210,856 | |
1,266,851 | |||
Health Care Technology - 0.8% | |||
Allscripts Healthcare Solutions, Inc. (a) | 3,210 | 38,231 | |
athenahealth, Inc. (a) | 683 | 87,110 | |
Castlight Health, Inc. Class B (a) | 772 | 1,907 | |
Computer Programs & Systems, Inc. | 199 | 4,975 | |
Evolent Health, Inc. (a) | 316 | 7,015 | |
HealthStream, Inc. | 452 | 11,892 | |
HMS Holdings Corp. (a) | 1,461 | 42,106 | |
Inovalon Holdings, Inc. Class A (a) | 1,058 | 9,956 | |
Medidata Solutions, Inc. (a) | 948 | 66,644 | |
Nextgen Healthcare, Inc. (a) | 772 | 11,402 | |
Omnicell, Inc. (a) | 633 | 44,753 | |
Tabula Rasa HealthCare, Inc. (a) | 220 | 16,254 | |
Teladoc Health, Inc. (a) | 623 | 43,199 | |
Veeva Systems, Inc. Class A (a) | 1,748 | 159,680 | |
Vocera Communications, Inc. (a) | 423 | 14,682 | |
559,806 | |||
Life Sciences Tools & Services - 1.1% | |||
Accelerate Diagnostics, Inc. (a)(b) | 422 | 6,305 | |
Bio-Rad Laboratories, Inc. Class A (a) | 358 | 97,680 | |
Bio-Techne Corp. | 644 | 108,012 | |
Bruker Corp. | 1,830 | 57,334 | |
Cambrex Corp. (a) | 558 | 29,736 | |
Charles River Laboratories International, Inc. (a) | 818 | 99,649 | |
Codexis, Inc. (a) | 648 | 10,089 | |
Enzo Biochem, Inc. (a) | 598 | 1,985 | |
Fluidigm Corp. (a) | 463 | 3,334 | |
Luminex Corp. | 690 | 19,851 | |
Medpace Holdings, Inc. (a) | 131 | 6,825 | |
Nanostring Technologies, Inc. (a) | 240 | 3,698 | |
NeoGenomics, Inc. (a) | 857 | 15,803 | |
Pacific Biosciences of California, Inc. (a) | 1,524 | 6,782 | |
PerkinElmer, Inc. | 1,890 | 163,447 | |
PRA Health Sciences, Inc. (a) | 668 | 64,709 | |
Syneos Health, Inc. (a) | 927 | 42,299 | |
737,538 | |||
Pharmaceuticals - 1.3% | |||
Aclaris Therapeutics, Inc. (a) | 193 | 2,295 | |
Adamis Pharmaceuticals Corp. (a) | 417 | 1,068 | |
Aerie Pharmaceuticals, Inc. (a) | 582 | 30,951 | |
Akcea Therapeutics, Inc. (a)(b) | 273 | 6,093 | |
Akorn, Inc. (a) | 1,534 | 10,232 | |
Amneal Pharmaceuticals, Inc. (a)(b) | 1,288 | 23,764 | |
Amphastar Pharmaceuticals, Inc. (a) | 645 | 11,578 | |
ANI Pharmaceuticals, Inc. (a) | 128 | 6,212 | |
Aratana Therapeutics, Inc. (a) | 515 | 3,059 | |
Assembly Biosciences, Inc. (a) | 303 | 6,933 | |
Assertio Therapeutics, Inc. (a) | 987 | 4,792 | |
Biodelivery Sciences International, Inc. (a) | 730 | 2,708 | |
Catalent, Inc. (a) | 2,165 | 87,336 | |
Clementia Pharmaceuticals, Inc. (a) | 120 | 1,560 | |
Collegium Pharmaceutical, Inc. (a)(b) | 322 | 5,168 | |
Corcept Therapeutics, Inc. (a) | 1,365 | 16,039 | |
Corium International, Inc. (a) | 469 | 5,933 | |
CymaBay Therapeutics, Inc. (a) | 1,004 | 10,592 | |
Dermira, Inc. (a) | 414 | 5,196 | |
Endo International PLC (a) | 3,432 | 58,138 | |
Horizon Pharma PLC (a) | 2,799 | 50,970 | |
Innoviva, Inc. (a) | 1,304 | 18,204 | |
Intersect ENT, Inc. (a) | 430 | 12,066 | |
Intra-Cellular Therapies, Inc. (a) | 597 | 10,137 | |
Jazz Pharmaceuticals PLC (a) | 1,036 | 164,538 | |
Kala Pharmaceuticals, Inc. (a) | 88 | 638 | |
Lannett Co., Inc. (a) | 360 | 1,318 | |
Mallinckrodt PLC (a) | 1,832 | 45,910 | |
Melinta Therapeutics, Inc. (a) | 181 | 476 | |
MyoKardia, Inc. (a) | 264 | 13,976 | |
Neos Therapeutics, Inc.(a) | 374 | 1,171 | |
Ocular Therapeutix, Inc. (a) | 266 | 1,319 | |
Omeros Corp. (a) | 673 | 10,277 | |
Otonomy, Inc. (a) | 243 | 566 | |
Pacira Pharmaceuticals, Inc. (a) | 650 | 31,779 | |
Paratek Pharmaceuticals, Inc. (a) | 268 | 1,997 | |
Phibro Animal Health Corp. Class A | 308 | 13,219 | |
Prestige Brands Holdings, Inc. (a) | 905 | 32,725 | |
Reata Pharmaceuticals, Inc. (a) | 125 | 7,366 | |
Revance Therapeutics, Inc. (a) | 369 | 8,033 | |
Rhythm Pharmaceuticals, Inc. | 101 | 2,829 | |
Supernus Pharmaceuticals, Inc. (a) | 859 | 40,854 | |
Teligent, Inc. (a) | 719 | 2,308 | |
Tetraphase Pharmaceuticals, Inc. (a) | 556 | 1,140 | |
The Medicines Company (a) | 1,202 | 27,959 | |
TherapeuticsMD, Inc. (a)(b) | 2,717 | 13,286 | |
Theravance Biopharma, Inc. (a) | 636 | 15,436 | |
WAVE Life Sciences (a) | 152 | 7,097 | |
Zogenix, Inc. (a) | 415 | 17,330 | |
Zynerba Pharmaceuticals, Inc. (a) | 169 | 889 | |
855,460 | |||
TOTAL HEALTH CARE | 7,764,988 | ||
INDUSTRIALS - 14.9% | |||
Aerospace & Defense - 1.4% | |||
AAR Corp. | 553 | 26,312 | |
Aerojet Rocketdyne Holdings, Inc. (a) | 1,212 | 42,808 | |
AeroVironment, Inc. (a) | 356 | 32,029 | |
Astronics Corp. (a) | 444 | 12,947 | |
Axon Enterprise, Inc. (a) | 904 | 55,795 | |
BWX Technologies, Inc. | 1,713 | 100,142 | |
Cubic Corp. | 434 | 28,475 | |
Curtiss-Wright Corp. | 762 | 83,409 | |
Ducommun, Inc. (a) | 181 | 6,726 | |
Engility Holdings, Inc. (a) | 312 | 9,681 | |
Esterline Technologies Corp. (a) | 511 | 59,971 | |
HEICO Corp. | 708 | 59,352 | |
HEICO Corp. Class A | 1,219 | 81,259 | |
Hexcel Corp. | 1,582 | 92,579 | |
KEYW Holding Corp. (a) | 748 | 5,857 | |
Kratos Defense & Security Solutions, Inc. (a) | 955 | 11,966 | |
Mercury Systems, Inc. (a) | 813 | 38,097 | |
Moog, Inc. Class A | 557 | 39,853 | |
National Presto Industries, Inc. | 87 | 10,846 | |
Sparton Corp. (a) | 162 | 2,006 | |
Teledyne Technologies, Inc. (a) | 600 | 132,768 | |
Triumph Group, Inc. | 838 | 15,294 | |
Vectrus, Inc. (a) | 193 | 5,172 | |
Wesco Aircraft Holdings, Inc. (a) | 1,034 | 10,526 | |
963,870 | |||
Air Freight & Logistics - 0.2% | |||
Air Transport Services Group, Inc. (a) | 810 | 15,876 | |
Atlas Air Worldwide Holdings, Inc. (a) | 421 | 21,732 | |
Echo Global Logistics, Inc. (a) | 472 | 12,135 | |
Forward Air Corp. | 530 | 31,795 | |
Hub Group, Inc. Class A (a) | 578 | 26,484 | |
108,022 | |||
Airlines - 0.6% | |||
Alaska Air Group, Inc. | 2,124 | 130,456 | |
Allegiant Travel Co. | 222 | 25,339 | |
Hawaiian Holdings, Inc. | 928 | 32,118 | |
JetBlue Airways Corp. (a) | 5,585 | 93,437 | |
SkyWest, Inc. | 896 | 51,332 | |
Spirit Airlines, Inc. (a) | 1,198 | 62,176 | |
394,858 | |||
Building Products - 1.2% | |||
AAON, Inc. | 695 | 23,971 | |
Advanced Drain Systems, Inc. Del | 596 | 16,563 | |
Allegion PLC | 1,656 | 141,969 | |
American Woodmark Corp. (a) | 240 | 14,506 | |
Apogee Enterprises, Inc. | 481 | 17,364 | |
Armstrong World Industries, Inc. (a) | 860 | 53,105 | |
Builders FirstSource, Inc. (a) | 1,509 | 18,681 | |
Continental Building Products, Inc. (a) | 700 | 19,467 | |
COVIA Corp. (a) | 552 | 3,191 | |
CSW Industrials, Inc. (a) | 284 | 13,073 | |
GCP Applied Technologies, Inc. (a) | 1,240 | 32,203 | |
Gibraltar Industries, Inc. (a) | 544 | 19,388 | |
GMS, Inc. (a) | 106 | 1,743 | |
Griffon Corp. | 537 | 6,508 | |
Insteel Industries, Inc. | 307 | 8,019 | |
Jeld-Wen Holding, Inc. (a) | 668 | 10,862 | |
Lennox International, Inc. | 669 | 141,085 | |
Masonite International Corp. (a) | 523 | 28,969 | |
NCI Building Systems, Inc. (a) | 678 | 8,306 | |
Patrick Industries, Inc. (a) | 366 | 15,925 | |
PGT, Inc. (a) | 857 | 17,363 | |
Quanex Building Products Corp. | 602 | 8,922 | |
Simpson Manufacturing Co. Ltd. | 699 | 39,899 | |
Trex Co., Inc. (a) | 1,017 | 62,342 | |
Universal Forest Products, Inc. | 1,030 | 29,118 | |
USG Corp. (a) | 1,534 | 64,765 | |
817,307 | |||
Commercial Services & Supplies - 2.0% | |||
ABM Industries, Inc. | 973 | 29,920 | |
ACCO Brands Corp. | 1,806 | 14,574 | |
ADS Waste Holdings, Inc. (a) | 339 | 9,184 | |
Brady Corp. Class A | 824 | 33,199 | |
Casella Waste Systems, Inc. Class A (a) | 674 | 21,945 | |
CECO Environmental Corp. (a) | 375 | 2,790 | |
Clean Harbors, Inc. (a) | 903 | 61,440 | |
Copart, Inc. (a) | 3,521 | 172,212 | |
Covanta Holding Corp. | 2,263 | 33,243 | |
Deluxe Corp. | 842 | 39,751 | |
Ennis, Inc. | 464 | 8,983 | |
Essendant, Inc. | 635 | 8,090 | |
Evoqua Water Technologies Corp. (a) | 495 | 4,752 | |
Healthcare Services Group, Inc. (b) | 1,257 | 51,022 | |
Heritage-Crystal Clean, Inc. (a) | 212 | 4,874 | |
Herman Miller, Inc. | 1,041 | 34,301 | |
HNI Corp. | 772 | 29,251 | |
Hudson Technologies, Inc. (a) | 431 | 357 | |
Interface, Inc. | 1,100 | 17,919 | |
KAR Auction Services, Inc. | 2,383 | 135,688 | |
Kimball International, Inc. Class B | 703 | 11,571 | |
Knoll, Inc. | 863 | 17,131 | |
LSC Communications, Inc. | 398 | 3,753 | |
Matthews International Corp. Class A | 540 | 22,475 | |
McGrath RentCorp. | 420 | 22,424 | |
Mobile Mini, Inc. | 771 | 31,704 | |
Msa Safety, Inc. | 540 | 56,398 | |
Multi-Color Corp. | 236 | 12,546 | |
PICO Holdings, Inc. | 338 | 3,860 | |
Pitney Bowes, Inc. | 3,149 | 20,846 | |
Quad/Graphics, Inc. | 507 | 7,823 | |
R.R. Donnelley & Sons Co. | 1,116 | 6,551 | |
Rollins, Inc. | 1,650 | 97,680 | |
SP Plus Corp. (a) | 329 | 10,515 | |
Steelcase, Inc. Class A | 1,507 | 25,016 | |
Stericycle, Inc. (a) | 1,470 | 73,456 | |
Team, Inc. (a)(b) | 519 | 10,328 | |
Tetra Tech, Inc. | 984 | 64,983 | |
The Brink's Co. | 778 | 51,597 | |
U.S. Ecology, Inc. | 378 | 26,434 | |
UniFirst Corp. | 268 | 40,012 | |
Viad Corp. | 355 | 17,001 | |
VSE Corp. | 136 | 4,265 | |
1,351,864 | |||
Construction & Engineering - 1.2% | |||
AECOM (a) | 2,650 | 77,221 | |
Aegion Corp. (a) | 616 | 11,926 | |
Argan, Inc. | 229 | 10,081 | |
Comfort Systems U.S.A., Inc. | 639 | 34,174 | |
Dycom Industries, Inc. (a) | 546 | 37,062 | |
EMCOR Group, Inc. | 1,048 | 74,387 | |
Fluor Corp. | 2,403 | 105,396 | |
Goldfield Corp. | 366 | 1,354 | |
Granite Construction, Inc. | 687 | 31,410 | |
Great Lakes Dredge & Dock Corp. (a) | 973 | 5,653 | |
Jacobs Engineering Group, Inc. | 2,082 | 156,337 | |
KBR, Inc. | 2,470 | 48,857 | |
Keane Group, Inc. (a) | 473 | 5,946 | |
MasTec, Inc. (a) | 1,123 | 48,862 | |
MYR Group, Inc. (a) | 287 | 9,583 | |
NV5 Holdings, Inc. (a) | 130 | 10,149 | |
Primoris Services Corp. | 703 | 14,883 | |
Quanta Services, Inc. (a) | 2,614 | 81,557 | |
Sterling Construction Co., Inc. (a) | 423 | 4,805 | |
Tutor Perini Corp. (a) | 699 | 10,835 | |
Valmont Industries, Inc. | 390 | 48,481 | |
828,959 | |||
Electrical Equipment - 0.6% | |||
Acuity Brands, Inc. | 729 | 91,592 | |
AZZ, Inc. | 445 | 19,736 | |
Encore Wire Corp. | 364 | 16,089 | |
Energous Corp. (a) | 271 | 2,179 | |
EnerSys | 752 | 59,837 | |
FuelCell Energy, Inc. (a) | 1,191 | 1,007 | |
Generac Holdings, Inc. (a) | 1,107 | 56,158 | |
Hubbell, Inc. Class B | 889 | 90,411 | |
Plug Power, Inc. (a)(b) | 3,016 | 5,580 | |
Powell Industries, Inc. | 156 | 4,549 | |
Regal Beloit Corp. | 768 | 55,066 | |
Sunrun, Inc. (a) | 1,063 | 13,032 | |
Thermon Group Holdings, Inc. (a) | 560 | 12,085 | |
TPI Composites, Inc. (a) | 210 | 5,305 | |
Vivint Solar, Inc. (a) | 394 | 2,045 | |
434,671 | |||
Industrial Conglomerates - 0.3% | |||
Carlisle Companies, Inc. | 1,113 | 107,505 | |
ITT, Inc. | 1,523 | 76,912 | |
Raven Industries, Inc. | 628 | 27,305 | |
211,722 | |||
Machinery - 4.2% | |||
Actuant Corp. Class A | 1,008 | 24,041 | |
AGCO Corp. | 1,169 | 65,511 | |
Alamo Group, Inc. | 166 | 14,230 | |
Albany International Corp. Class A | 500 | 34,990 | |
Allison Transmission Holdings, Inc. | 2,852 | 125,716 | |
Altra Industrial Motion Corp. | 456 | 14,715 | |
American Railcar Industries, Inc. | 123 | 8,599 | |
Apergy Corp. (a) | 1,340 | 52,247 | |
Astec Industries, Inc. | 329 | 12,374 | |
Barnes Group, Inc. | 863 | 48,846 | |
Briggs & Stratton Corp. | 752 | 10,927 | |
Cactus, Inc. (a) | 461 | 15,425 | |
Chart Industries, Inc. (a) | 529 | 35,998 | |
CIRCOR International, Inc. | 291 | 9,460 | |
Colfax Corp. (a) | 1,698 | 47,595 | |
Columbus McKinnon Corp. (NY Shares) | 353 | 12,966 | |
Commercial Vehicle Group, Inc. (a) | 366 | 2,449 | |
Crane Co. | 857 | 74,593 | |
Donaldson Co., Inc. | 2,276 | 116,713 | |
Douglas Dynamics, Inc. | 384 | 16,662 | |
Energy Recovery, Inc. (a)(b) | 604 | 4,530 | |
EnPro Industries, Inc. | 370 | 23,014 | |
ESCO Technologies, Inc. | 446 | 27,304 | |
ExOne Co. (a) | 145 | 957 | |
Federal Signal Corp. | 1,040 | 22,870 | |
Flowserve Corp. | 2,251 | 103,321 | |
Franklin Electric Co., Inc. | 669 | 28,379 | |
FreightCar America, Inc. (a) | 202 | 2,889 | |
Gardner Denver Holdings, Inc. (a) | 750 | 20,295 | |
Global Brass & Copper Holdings, Inc. | 381 | 12,047 | |
Gorman-Rupp Co. | 335 | 11,558 | |
Graco, Inc. | 2,879 | 116,974 | |
Greenbrier Companies, Inc. | 481 | 22,823 | |
Harsco Corp. (a) | 1,390 | 38,183 | |
Hillenbrand, Inc. | 1,082 | 51,828 | |
Hyster-Yale Materials Handling Class A | 174 | 10,518 | |
John Bean Technologies Corp. | 504 | 52,401 | |
Kadant, Inc. | 186 | 18,358 | |
Kennametal, Inc. | 1,366 | 48,425 | |
Lincoln Electric Holdings, Inc. | 1,070 | 86,574 | |
Lindsay Corp. | 186 | 17,785 | |
Lydall, Inc. (a) | 305 | 9,110 | |
Manitowoc Co., Inc. (a) | 615 | 11,242 | |
Meritor, Inc. (a) | 1,510 | 25,655 | |
Middleby Corp. (a)(b) | 993 | 111,514 | |
Milacron Holdings Corp. (a) | 535 | 7,490 | |
Mueller Industries, Inc. | 998 | 24,301 | |
Mueller Water Products, Inc. Class A | 2,818 | 28,913 | |
Navistar International Corp. New (a) | 1,101 | 36,872 | |
NN, Inc. | 486 | 5,638 | |
Nordson Corp. | 916 | 112,366 | |
Oshkosh Corp. | 1,290 | 72,421 | |
ProPetro Holding Corp. (a) | 986 | 17,403 | |
Proto Labs, Inc. (a) | 421 | 50,288 | |
RBC Bearings, Inc. (a) | 410 | 60,549 | |
Rexnord Corp. (a) | 1,759 | 47,159 | |
Spartan Motors, Inc. | 581 | 3,910 | |
SPX Corp. (a) | 714 | 20,934 | |
SPX Flow, Inc. (a) | 728 | 24,919 | |
Standex International Corp. | 221 | 17,928 | |
Sun Hydraulics Corp. | 426 | 19,766 | |
Tennant Co. | 297 | 18,153 | |
Terex Corp. | 1,838 | 61,371 | |
Timken Co. | 1,211 | 47,895 | |
Titan International, Inc. | 797 | 5,627 | |
Toro Co. | 1,885 | 106,182 | |
TriMas Corp. (a) | 770 | 22,677 | |
Trinity Industries, Inc. | 2,628 | 75,029 | |
Wabash National Corp. | 1,078 | 16,278 | |
WABCO Holdings, Inc. (a) | 895 | 96,168 | |
Wabtec Corp. (b) | 1,537 | 126,065 | |
Watts Water Technologies, Inc. Class A | 476 | 33,344 | |
Woodward, Inc. | 957 | 70,473 | |
2,852,730 | |||
Marine - 0.1% | |||
Eagle Bulk Shipping, Inc. (a) | 444 | 2,216 | |
Kirby Corp. (a) | 931 | 66,976 | |
Matson, Inc. | 741 | 25,994 | |
95,186 | |||
Professional Services - 1.3% | |||
Acacia Research Corp. (a) | 843 | 2,765 | |
Asgn, Inc. (a) | 843 | 56,548 | |
Barrett Business Services, Inc. | 132 | 8,305 | |
CBIZ, Inc. (a) | 933 | 20,694 | |
CRA International, Inc. | 155 | 6,533 | |
Dun & Bradstreet Corp. | 634 | 90,206 | |
Exponent, Inc. | 890 | 44,909 | |
Forrester Research, Inc. | 159 | 6,405 | |
FTI Consulting, Inc. (a) | 732 | 50,589 | |
Heidrick & Struggles International, Inc. | 326 | 11,250 | |
Huron Consulting Group, Inc. (a) | 370 | 20,161 | |
ICF International, Inc. | 321 | 23,638 | |
InnerWorkings, Inc. (a) | 613 | 4,407 | |
Insperity, Inc. | 654 | 71,842 | |
Kelly Services, Inc. Class A (non-vtg.) | 493 | 11,581 | |
Kforce, Inc. | 409 | 12,605 | |
Korn/Ferry International | 1,004 | 45,321 | |
Manpower, Inc. | 1,162 | 88,649 | |
MISTRAS Group, Inc. (a) | 273 | 5,433 | |
Navigant Consulting, Inc. | 795 | 17,172 | |
Resources Connection, Inc. | 520 | 8,486 | |
Robert Half International, Inc. | 2,227 | 134,800 | |
TransUnion Holding Co., Inc. | 1,514 | 99,546 | |
TriNet Group, Inc. (a) | 609 | 28,617 | |
TrueBlue, Inc. (a) | 737 | 17,194 | |
WageWorks, Inc. (a) | 638 | 25,399 | |
Willdan Group, Inc. (a) | 137 | 4,137 | |
917,192 | |||
Road & Rail - 0.6% | |||
AMERCO | 94 | 30,689 | |
ArcBest Corp. | 403 | 14,959 | |
Avis Budget Group, Inc. (a) | 1,524 | 42,855 | |
Covenant Transport Group, Inc. Class A (a) | 177 | 4,430 | |
Daseke, Inc. (a) | 618 | 3,757 | |
Genesee & Wyoming, Inc. Class A (a) | 1,058 | 83,825 | |
Heartland Express, Inc. | 723 | 14,077 | |
Knight-Swift Transportation Holdings, Inc. Class A | 1,151 | 36,832 | |
Landstar System, Inc. | 722 | 72,265 | |
Marten Transport Ltd. | 669 | 12,885 | |
Ryder System, Inc. | 924 | 51,106 | |
Saia, Inc. (a) | 429 | 26,967 | |
Schneider National, Inc. Class B | 517 | 11,307 | |
Werner Enterprises, Inc. | 759 | 24,432 | |
YRC Worldwide, Inc. (a) | 530 | 4,378 | |
434,764 | |||
Trading Companies & Distributors - 1.1% | |||
Air Lease Corp. Class A | 1,653 | 62,979 | |
Aircastle Ltd. | 972 | 18,886 | |
Applied Industrial Technologies, Inc. | 679 | 44,631 | |
Beacon Roofing Supply, Inc. (a) | 1,042 | 29,082 | |
BMC Stock Holdings, Inc. (a) | 815 | 13,643 | |
CAI International, Inc. (a) | 240 | 5,978 | |
DXP Enterprises, Inc. (a) | 275 | 8,740 | |
GATX Corp. | 689 | 51,627 | |
H&E Equipment Services, Inc. | 545 | 13,129 | |
HD Supply Holdings, Inc. (a) | 3,226 | 121,201 | |
Herc Holdings, Inc. (a) | 427 | 13,690 | |
Kaman Corp. | 468 | 29,727 | |
MRC Global, Inc. (a) | 1,611 | 25,502 | |
MSC Industrial Direct Co., Inc. Class A | 774 | 62,740 | |
Nexeo Solutions, Inc. (a) | 1,043 | 10,899 | |
Now, Inc. (a) | 1,866 | 23,959 | |
Rush Enterprises, Inc. Class A | 512 | 18,120 | |
SiteOne Landscape Supply, Inc. (a) | 372 | 25,311 | |
Systemax, Inc. | 244 | 7,884 | |
Textainer Group Holdings Ltd. (a) | 417 | 4,891 | |
Titan Machinery, Inc. (a) | 290 | 4,133 | |
Triton International Ltd. | 547 | 17,597 | |
Univar, Inc. (a) | 1,758 | 43,282 | |
Veritiv Corp. (a) | 165 | 5,501 | |
Watsco, Inc. | 446 | 66,088 | |
WESCO International, Inc. (a) | 721 | 36,180 | |
765,400 | |||
Transportation Infrastructure - 0.1% | |||
Macquarie Infrastructure Co. LLC | 1,295 | 47,850 | |
TOTAL INDUSTRIALS | 10,224,395 | ||
INFORMATION TECHNOLOGY - 14.2% | |||
Communications Equipment - 1.4% | |||
ADTRAN, Inc. | 821 | 11,034 | |
Aerohive Networks, Inc. (a) | 440 | 1,685 | |
Applied Optoelectronics, Inc. (a) | 282 | 5,536 | |
Arris International PLC (a) | 3,297 | 81,996 | |
CalAmp Corp. (a) | 660 | 13,160 | |
Calix Networks, Inc. (a) | 703 | 5,132 | |
Carvana Co. Class A (a)(b) | 267 | 10,346 | |
Ciena Corp. (a) | 2,405 | 75,180 | |
CommScope Holding Co., Inc. (a) | 3,333 | 80,192 | |
Comtech Telecommunications Corp. | 425 | 11,866 | |
EchoStar Holding Corp. Class A (a) | 805 | 32,643 | |
EMCORE Corp. (a) | 450 | 2,219 | |
Extreme Networks, Inc. (a) | 1,893 | 10,506 | |
F5 Networks, Inc. (a) | 1,079 | 189,127 | |
Finisar Corp. (a) | 1,921 | 32,061 | |
Harmonic, Inc. (a) | 1,406 | 7,747 | |
Infinera Corp. (a) | 2,512 | 13,916 | |
InterDigital, Inc. | 585 | 41,506 | |
Lumentum Holdings, Inc. (a) | 947 | 51,754 | |
NETGEAR, Inc. (a) | 574 | 31,846 | |
NetScout Systems, Inc. (a) | 1,590 | 40,163 | |
Oclaro, Inc. (a) | 2,190 | 18,002 | |
Plantronics, Inc. | 580 | 34,203 | |
Quantenna Communications, Inc. (a) | 98 | 1,760 | |
Sonus Networks, Inc. (a) | 895 | 6,086 | |
Ubiquiti Networks, Inc. (b) | 433 | 40,308 | |
ViaSat, Inc. (a)(b) | 892 | 56,874 | |
Viavi Solutions, Inc. (a) | 3,985 | 45,947 | |
952,795 | |||
Electronic Equipment & Components - 2.7% | |||
Anixter International, Inc. (a) | 494 | 32,451 | |
Arrow Electronics, Inc. (a) | 1,545 | 104,612 | |
Avnet, Inc. | 2,204 | 88,314 | |
AVX Corp. | 782 | 13,044 | |
Badger Meter, Inc. | 506 | 24,850 | |
Belden, Inc. | 731 | 39,511 | |
Benchmark Electronics, Inc. | 835 | 18,228 | |
Cardtronics PLC (a) | 786 | 21,348 | |
Casa Systems, Inc. (a) | 1,284 | 18,490 | |
Coherent, Inc. (a) | 425 | 52,335 | |
Control4 Corp. (a) | 313 | 8,739 | |
CTS Corp. | 569 | 15,187 | |
Daktronics, Inc. | 630 | 4,605 | |
Dolby Laboratories, Inc. Class A | 983 | 67,640 | |
Electro Scientific Industries, Inc. (a) | 578 | 16,762 | |
ePlus, Inc. (a) | 227 | 19,268 | |
Fabrinet | 628 | 27,205 | |
FARO Technologies, Inc. (a) | 278 | 14,050 | |
Fitbit, Inc. (a)(b) | 2,360 | 11,163 | |
FLIR Systems, Inc. | 2,348 | 108,736 | |
II-VI, Inc. (a) | 939 | 34,959 | |
Insight Enterprises, Inc. (a) | 617 | 31,893 | |
IPG Photonics Corp. (a) | 642 | 85,739 | |
Iteris, Inc. (a) | 346 | 1,495 | |
Itron, Inc. (a) | 578 | 30,137 | |
Jabil, Inc. | 3,210 | 79,383 | |
KEMET Corp. | 728 | 15,856 | |
Keysight Technologies, Inc. (a) | 2,931 | 167,301 | |
Knowles Corp. (a) | 1,519 | 24,577 | |
Littelfuse, Inc. | 391 | 70,834 | |
Maxwell Technologies, Inc. (a)(b) | 462 | 1,358 | |
Mesa Laboratories, Inc. | 57 | 10,413 | |
Methode Electronics, Inc. Class A | 633 | 18,737 | |
MicroVision, Inc. (a)(b) | 1,026 | 1,108 | |
MTS Systems Corp. | 291 | 13,779 | |
National Instruments Corp. | 1,825 | 89,370 | |
Novanta, Inc. (a) | 545 | 31,724 | |
OSI Systems, Inc. (a) | 309 | 21,370 | |
Park Electrochemical Corp. | 294 | 5,192 | |
PC Mall, Inc. (a) | 121 | 2,283 | |
Plexus Corp. (a) | 576 | 33,638 | |
Rogers Corp. (a) | 312 | 38,395 | |
Sanmina Corp. (a) | 1,278 | 32,333 | |
ScanSource, Inc. (a) | 430 | 16,718 | |
SYNNEX Corp. | 504 | 39,115 | |
Tech Data Corp. (a) | 610 | 43,103 | |
TTM Technologies, Inc. (a) | 1,455 | 17,024 | |
Vishay Intertechnology, Inc. | 2,326 | 42,566 | |
Zebra Technologies Corp. Class A (a) | 911 | 151,499 | |
1,858,437 | |||
Internet Software & Services - 0.1% | |||
ANGI Homeservices, Inc. Class A (a)(b) | 833 | 15,944 | |
BlackLine, Inc. (a) | 158 | 7,328 | |
Cision Ltd. (a) | 686 | 10,146 | |
GTT Communications, Inc. (a)(b) | 454 | 16,299 | |
Yatra Online, Inc. (a) | 237 | 1,052 | |
50,769 | |||
IT Services - 2.5% | |||
Booz Allen Hamilton Holding Corp. Class A | 2,569 | 127,268 | |
CACI International, Inc. Class A (a) | 420 | 74,953 | |
Carbonite, Inc. (a) | 316 | 10,810 | |
Cass Information Systems, Inc. | 175 | 11,568 | |
Conduent, Inc. (a) | 2,945 | 56,250 | |
CoreLogic, Inc. (a) | 1,491 | 60,564 | |
CSG Systems International, Inc. | 542 | 19,024 | |
Endurance International Group Holdings, Inc. (a) | 1,108 | 10,936 | |
EPAM Systems, Inc. (a) | 775 | 92,589 | |
Euronet Worldwide, Inc. (a) | 901 | 100,173 | |
Everi Holdings, Inc. (a) | 1,200 | 8,640 | |
EVERTEC, Inc. | 1,060 | 27,645 | |
ExlService Holdings, Inc. (a) | 583 | 37,370 | |
First Data Corp. Class A (a) | 3,266 | 61,205 | |
Genpact Ltd. | 2,348 | 64,359 | |
GoDaddy, Inc. (a) | 862 | 63,073 | |
Hackett Group, Inc. | 433 | 8,864 | |
Internap Network Services Corp. (a) | 181 | 1,551 | |
Limelight Networks, Inc. (a) | 1,582 | 6,375 | |
Liveramp Holdings, Inc. (a) | 1,338 | 61,120 | |
ManTech International Corp. Class A | 440 | 25,203 | |
Maximus, Inc. | 1,117 | 72,571 | |
MoneyGram International, Inc. (a) | 474 | 2,010 | |
MongoDB, Inc. Class A (b) | 155 | 12,633 | |
NIC, Inc. | 1,057 | 14,069 | |
Okta, Inc. (a) | 334 | 19,492 | |
Perficient, Inc. (a) | 621 | 15,537 | |
Perspecta, Inc. | 2,465 | 60,368 | |
Presidio, Inc. | 278 | 3,725 | |
Sabre Corp. | 3,580 | 88,247 | |
Science Applications International Corp. | 776 | 53,940 | |
Switch, Inc. Class A | 572 | 5,074 | |
Sykes Enterprises, Inc. (a) | 692 | 21,224 | |
Teradata Corp. (a) | 2,247 | 81,791 | |
The Western Union Co. | 7,929 | 143,039 | |
Travelport Worldwide Ltd. | 2,157 | 32,269 | |
Ttec Holdings, Inc. | 254 | 6,330 | |
Twilio, Inc. Class A (a) | 245 | 18,429 | |
Unisys Corp. (a) | 835 | 15,372 | |
Virtusa Corp. (a) | 482 | 23,902 | |
WEX, Inc. (a) | 664 | 116,837 | |
1,736,399 | |||
Semiconductors & Semiconductor Equipment - 2.1% | |||
Acacia Communications, Inc. (a) | 234 | 8,066 | |
Advanced Energy Industries, Inc. (a) | 673 | 28,959 | |
Alpha & Omega Semiconductor Ltd. (a) | 304 | 2,818 | |
Amkor Technology, Inc. (a) | 2,188 | 15,644 | |
Axcelis Technologies, Inc. (a) | 522 | 9,010 | |
AXT, Inc. (a) | 591 | 3,895 | |
Brooks Automation, Inc. | 1,195 | 37,081 | |
Cabot Microelectronics Corp. | 420 | 41,000 | |
Ceva, Inc. (a) | 376 | 9,265 | |
Cirrus Logic, Inc. (a) | 1,106 | 41,409 | |
Cohu, Inc. | 468 | 9,734 | |
Cree, Inc. (a) | 1,727 | 67,042 | |
CyberOptics Corp. (a) | 89 | 1,881 | |
Cypress Semiconductor Corp. | 5,563 | 71,985 | |
Diodes, Inc. (a) | 663 | 20,016 | |
Entegris, Inc. | 2,449 | 64,996 | |
First Solar, Inc. (a) | 1,347 | 56,305 | |
FormFactor, Inc. (a) | 1,236 | 15,129 | |
Ichor Holdings Ltd. (a)(b) | 316 | 5,609 | |
Impinj, Inc. (a)(b) | 283 | 5,547 | |
Inphi Corp. (a) | 651 | 20,832 | |
Integrated Device Technology, Inc. (a) | 2,312 | 108,225 | |
Kopin Corp. (a) | 1,043 | 2,326 | |
Kulicke & Soffa Industries, Inc. | 1,217 | 24,742 | |
Lattice Semiconductor Corp. (a) | 2,088 | 12,549 | |
MACOM Technology Solutions Holdings, Inc. (a) | 621 | 8,737 | |
MaxLinear, Inc. Class A (a) | 877 | 17,023 | |
MKS Instruments, Inc. | 926 | 68,237 | |
Monolithic Power Systems, Inc. | 647 | 76,424 | |
Nanometrics, Inc. (a) | 424 | 13,593 | |
NeoPhotonics Corp. (a) | 491 | 3,928 | |
NVE Corp. | 86 | 7,284 | |
PDF Solutions, Inc. (a) | 484 | 3,872 | |
Photronics, Inc. (a) | 1,181 | 11,503 | |
Pixelworks, Inc. (a) | 488 | 2,040 | |
Power Integrations, Inc. | 503 | 28,329 | |
Rambus, Inc. (a) | 1,931 | 16,819 | |
Rudolph Technologies, Inc. (a) | 542 | 11,268 | |
Semtech Corp. (a) | 1,134 | 50,962 | |
Silicon Laboratories, Inc. (a) | 722 | 58,865 | |
SMART Global Holdings, Inc. (a) | 76 | 2,129 | |
SolarEdge Technologies, Inc. (a) | 489 | 18,939 | |
SunPower Corp. (a)(b) | 913 | 5,487 | |
Synaptics, Inc. (a) | 596 | 22,374 | |
Teradyne, Inc. | 3,478 | 119,817 | |
Ultra Clean Holdings, Inc. (a) | 590 | 6,207 | |
Universal Display Corp. (b) | 771 | 94,841 | |
Veeco Instruments, Inc. (a) | 723 | 6,876 | |
Versum Materials, Inc. | 1,880 | 59,333 | |
Xperi Corp. | 860 | 11,180 | |
1,410,132 | |||
Software - 5.0% | |||
2U, Inc. (a) | 705 | 44,352 | |
8x8, Inc. (a) | 1,576 | 27,091 | |
A10 Networks, Inc. (a) | 709 | 4,119 | |
ACI Worldwide, Inc. (a) | 2,038 | 51,133 | |
Alarm.com Holdings, Inc. (a) | 225 | 10,008 | |
Altair Engineering, Inc. Class A (a) | 355 | 13,540 | |
Alteryx, Inc. Class A (a)(b) | 325 | 17,222 | |
AppFolio, Inc. (a) | 178 | 10,164 | |
Appian Corp. Class A (a) | 98 | 2,520 | |
Apptio, Inc. Class A (a) | 102 | 2,642 | |
Aspen Technology, Inc. (a) | 1,332 | 113,073 | |
Asure Software, Inc. (a) | 142 | 1,582 | |
Avaya Holdings Corp. (a) | 1,816 | 29,819 | |
Benefitfocus, Inc. (a) | 250 | 8,883 | |
Black Knight, Inc. (a) | 402 | 19,606 | |
Blackbaud, Inc. | 824 | 59,097 | |
Bottomline Technologies, Inc. (a) | 634 | 42,250 | |
Box, Inc. Class A (a) | 988 | 17,784 | |
CDK Global, Inc. | 2,263 | 129,534 | |
Cloudera, Inc. (a) | 1,408 | 19,374 | |
CommVault Systems, Inc. (a) | 732 | 42,617 | |
Cornerstone OnDemand, Inc. (a) | 877 | 43,192 | |
Coupa Software, Inc. (a) | 521 | 33,776 | |
Digimarc Corp. (a) | 191 | 4,800 | |
Ebix, Inc. | 383 | 21,950 | |
Ellie Mae, Inc. (a)(b) | 581 | 38,509 | |
Envestnet, Inc. (a) | 747 | 38,859 | |
Everbridge, Inc. (a) | 293 | 14,893 | |
Fair Isaac Corp. (a) | 533 | 102,714 | |
FireEye, Inc. (a) | 2,647 | 48,943 | |
Five9, Inc. (a) | 671 | 26,411 | |
Forescout Technologies, Inc. (a) | 361 | 9,942 | |
Fortinet, Inc. (a) | 2,537 | 208,491 | |
Guidewire Software, Inc. (a) | 1,272 | 113,170 | |
Hortonworks, Inc. (a) | 729 | 13,020 | |
HubSpot, Inc. (a) | 530 | 71,895 | |
Imperva, Inc. (a) | 488 | 27,011 | |
Instructure, Inc. (a) | 71 | 2,651 | |
j2 Global, Inc. | 833 | 60,676 | |
LivePerson, Inc. (a) | 917 | 20,724 | |
LogMeIn, Inc. | 904 | 77,852 | |
Manhattan Associates, Inc. (a) | 1,233 | 58,863 | |
MicroStrategy, Inc. Class A (a) | 161 | 20,281 | |
MINDBODY, Inc. (a) | 300 | 9,552 | |
Mitek Systems, Inc. (a) | 514 | 4,713 | |
MobileIron, Inc. (a) | 663 | 3,206 | |
Model N, Inc. (a) | 413 | 6,344 | |
Monotype Imaging Holdings, Inc. | 736 | 12,902 | |
New Relic, Inc. (a) | 542 | 48,374 | |
Nuance Communications, Inc. (a) | 4,424 | 76,933 | |
Nutanix, Inc. Class A (a) | 318 | 13,200 | |
Onespan, Inc. (a) | 524 | 7,690 | |
Parametric Technology Corp. (a) | 1,996 | 164,490 | |
Paycom Software, Inc. (a) | 695 | 87,014 | |
Paylocity Holding Corp. (a) | 420 | 27,632 | |
Pegasystems, Inc. | 624 | 33,396 | |
Progress Software Corp. | 844 | 27,126 | |
Proofpoint, Inc. (a) | 736 | 66,939 | |
PROS Holdings, Inc. (a) | 436 | 14,353 | |
Q2 Holdings, Inc. (a) | 469 | 24,965 | |
QAD, Inc. Class A | 175 | 7,425 | |
Qualys, Inc. (a) | 502 | 35,762 | |
Rapid7, Inc. (a) | 294 | 10,655 | |
RealPage, Inc. (a) | 908 | 48,124 | |
RingCentral, Inc. (a) | 1,045 | 81,228 | |
SailPoint Technologies Holding, Inc. (a) | 345 | 8,984 | |
SendGrid, Inc. (a) | 151 | 5,484 | |
SPS Commerce, Inc. (a) | 295 | 27,462 | |
SS&C Technologies Holdings, Inc. | 2,941 | 150,462 | |
Tableau Software, Inc. (a) | 999 | 106,573 | |
The Rubicon Project, Inc. (a) | 563 | 1,920 | |
The Trade Desk, Inc. (a) | 191 | 23,598 | |
TiVo Corp. | 2,079 | 22,869 | |
Tyler Technologies, Inc. (a) | 574 | 121,493 | |
Ultimate Software Group, Inc. (a) | 500 | 133,315 | |
Upland Software, Inc. (a) | 170 | 5,362 | |
Varonis Systems, Inc. (a) | 273 | 16,672 | |
Verint Systems, Inc. (a) | 1,077 | 49,187 | |
VirnetX Holding Corp. (a) | 675 | 2,228 | |
VMware, Inc. Class A (a) | 1,231 | 174,051 | |
Workiva, Inc. (a) | 356 | 12,136 | |
Zendesk, Inc. (a) | 1,285 | 70,636 | |
3,469,488 | |||
Technology Hardware, Storage & Peripherals - 0.4% | |||
3D Systems Corp. (a)(b) | 1,850 | 22,348 | |
Avid Technology, Inc. (a) | 538 | 2,851 | |
Cray, Inc. (a) | 719 | 16,314 | |
Diebold Nixdorf, Inc. | 1,183 | 4,614 | |
Eastman Kodak Co. (a)(b) | 556 | 1,357 | |
Electronics for Imaging, Inc. (a) | 794 | 24,177 | |
Immersion Corp. (a) | 470 | 4,705 | |
NCR Corp. (a) | 2,116 | 56,815 | |
Pure Storage, Inc. Class A (a) | 1,431 | 28,878 | |
Quantum Corp. (a) | 491 | 1,129 | |
U.S.A. Technologies, Inc. (a) | 720 | 4,176 | |
Xerox Corp. | 3,682 | 102,617 | |
269,981 | |||
TOTAL INFORMATION TECHNOLOGY | 9,748,001 | ||
MATERIALS - 5.1% | |||
Chemicals - 2.4% | |||
Advanced Emissions Solutions, Inc. | 350 | 3,465 | |
AdvanSix, Inc. (a) | 529 | 14,674 | |
American Vanguard Corp. | 464 | 7,470 | |
Ashland Global Holdings, Inc. | 1,066 | 78,863 | |
Axalta Coating Systems Ltd. (a) | 3,739 | 92,279 | |
Balchem Corp. | 547 | 51,227 | |
Cabot Corp. | 1,079 | 52,526 | |
Chase Corp. | 122 | 13,156 | |
Ferro Corp. (a) | 1,435 | 24,309 | |
Flotek Industries, Inc. (a) | 944 | 1,709 | |
H.B. Fuller Co. | 857 | 38,102 | |
Hawkins, Inc. | 173 | 5,823 | |
Huntsman Corp. | 3,420 | 74,830 | |
Ingevity Corp. (a) | 728 | 66,306 | |
Innophos Holdings, Inc. | 339 | 9,933 | |
Innospec, Inc. | 415 | 27,772 | |
Intrepid Potash, Inc. (a) | 1,690 | 6,676 | |
KMG Chemicals, Inc. | 122 | 9,152 | |
Koppers Holdings, Inc. (a) | 371 | 9,924 | |
Kraton Performance Polymers, Inc. (a) | 520 | 14,321 | |
Kronos Worldwide, Inc. | 416 | 5,836 | |
LSB Industries, Inc. (a) | 327 | 2,485 | |
Minerals Technologies, Inc. | 606 | 33,179 | |
NewMarket Corp. | 160 | 61,754 | |
Olin Corp. | 2,862 | 57,812 | |
OMNOVA Solutions, Inc. (a) | 791 | 5,845 | |
Platform Specialty Products Corp. (a) | 3,662 | 39,623 | |
PolyOne Corp. | 1,449 | 46,817 | |
PQ Group Holdings, Inc. (a) | 496 | 7,961 | |
Quaker Chemical Corp. | 229 | 41,197 | |
Rayonier Advanced Materials, Inc. | 748 | 9,260 | |
RPM International, Inc. | 2,299 | 140,630 | |
Sensient Technologies Corp. | 770 | 49,942 | |
Stepan Co. | 331 | 27,337 | |
The Mosaic Co. | 6,031 | 186,599 | |
The Scotts Miracle-Gro Co. Class A | 769 | 51,323 | |
Trinseo SA | 772 | 41,595 | |
Tronox Ltd. Class A | 1,141 | 13,064 | |
Valvoline, Inc. | 3,534 | 70,397 | |
Venator Materials PLC (a) | 322 | 2,177 | |
W.R. Grace & Co. | 1,211 | 78,461 | |
Westlake Chemical Corp. | 645 | 45,989 | |
1,621,800 | |||
Construction Materials - 0.1% | |||
Eagle Materials, Inc. | 836 | 61,730 | |
Forterra, Inc. (a) | 322 | 1,452 | |
Foundation Building Materials, Inc. (a) | 214 | 2,039 | |
Summit Materials, Inc. | 1,848 | 24,948 | |
U.S. Concrete, Inc. (a) | 252 | 8,225 | |
United States Lime & Minerals, Inc. | 31 | 2,325 | |
100,719 | |||
Containers & Packaging - 1.1% | |||
Aptargroup, Inc. | 1,078 | 109,913 | |
Bemis Co., Inc. | 1,615 | 73,919 | |
Berry Global Group, Inc. (a) | 2,213 | 96,531 | |
Crown Holdings, Inc. (a) | 2,419 | 102,300 | |
Graphic Packaging Holding Co. | 5,492 | 60,467 | |
Greif, Inc. Class A | 434 | 20,528 | |
Myers Industries, Inc. | 387 | 6,138 | |
Owens-Illinois, Inc. (a) | 2,813 | 44,080 | |
Sealed Air Corp. | 3,120 | 100,963 | |
Silgan Holdings, Inc. | 1,290 | 30,999 | |
Sonoco Products Co. | 1,721 | 93,932 | |
739,770 | |||
Metals & Mining - 1.1% | |||
AK Steel Holding Corp. (a)(b) | 5,386 | 19,928 | |
Alcoa Corp. (a) | 2,526 | 88,385 | |
Allegheny Technologies, Inc. (a) | 1,862 | 48,207 | |
Atkore International Group, Inc. (a) | 355 | 6,837 | |
Carpenter Technology Corp. | 805 | 35,106 | |
Century Aluminum Co. (a) | 875 | 6,948 | |
Cleveland-Cliffs, Inc. (b) | 3,627 | 39,027 | |
Coeur d'Alene Mines Corp. (a) | 3,206 | 15,325 | |
Commercial Metals Co. | 2,006 | 38,234 | |
Compass Minerals International, Inc. | 585 | 28,378 | |
Gold Resource Corp. | 1,005 | 4,352 | |
Haynes International, Inc. | 227 | 6,574 | |
Hecla Mining Co. | 6,657 | 15,977 | |
Kaiser Aluminum Corp. | 311 | 29,660 | |
Materion Corp. | 346 | 19,663 | |
McEwen Mining, Inc. (b) | 3,941 | 7,724 | |
Olympic Steel, Inc. | 145 | 2,735 | |
Reliance Steel & Aluminum Co. | 1,249 | 98,571 | |
Royal Gold, Inc. | 1,128 | 86,439 | |
Ryerson Holding Corp. (a) | 226 | 2,075 | |
Schnitzer Steel Industries, Inc. Class A | 456 | 12,266 | |
SunCoke Energy, Inc. | 1,126 | 12,611 | |
TimkenSteel Corp. (a) | 680 | 7,908 | |
United States Steel Corp. | 3,017 | 80,041 | |
Warrior Metropolitan Coal, Inc. | 287 | 8,036 | |
Worthington Industries, Inc. | 760 | 31,829 | |
752,836 | |||
Paper & Forest Products - 0.4% | |||
Boise Cascade Co. | 655 | 20,167 | |
Clearwater Paper Corp. (a) | 298 | 7,194 | |
Domtar Corp. | 1,079 | 49,968 | |
Kapstone Paper & Packaging Corp. | 1,512 | 52,920 | |
Louisiana-Pacific Corp. | 2,460 | 53,554 | |
Mercer International, Inc. (SBI) | 737 | 11,210 | |
Neenah, Inc. | 291 | 23,414 | |
P.H. Glatfelter Co. | 734 | 13,139 | |
Resolute Forest Products | 1,552 | 17,491 | |
Schweitzer-Mauduit International, Inc. | 535 | 17,077 | |
Verso Corp. (a) | 527 | 14,814 | |
280,948 | |||
TOTAL MATERIALS | 3,496,073 | ||
REAL ESTATE - 9.8% | |||
Equity Real Estate Investment Trusts (REITs) - 9.2% | |||
Acadia Realty Trust (SBI) | 1,412 | 39,310 | |
Agree Realty Corp. | 443 | 25,371 | |
Alexander & Baldwin, Inc. | 809 | 15,808 | |
Alexanders, Inc. | 62 | 19,531 | |
American Assets Trust, Inc. | 714 | 27,389 | |
American Campus Communities, Inc. | 2,279 | 90,043 | |
American Homes 4 Rent Class A | 3,729 | 78,570 | |
Americold Realty Trust | 809 | 20,023 | |
Apartment Investment & Management Co. Class A | 2,703 | 116,337 | |
Apple Hospitality (REIT), Inc. | 2,676 | 43,271 | |
Armada Hoffler Properties, Inc. | 698 | 10,456 | |
Ashford Hospitality Trust, Inc. | 1,395 | 7,184 | |
Bluerock Residential Growth (REIT), Inc. | 402 | 3,807 | |
Braemar Hotels & Resorts, Inc. | 476 | 5,065 | |
Brandywine Realty Trust (SBI) | 3,046 | 42,827 | |
Brixmor Property Group, Inc. | 4,533 | 73,435 | |
Camden Property Trust (SBI) | 1,507 | 136,037 | |
CareTrust (REIT), Inc. | 1,107 | 19,550 | |
CatchMark Timber Trust, Inc. | 658 | 5,823 | |
CBL & Associates Properties, Inc. (b) | 2,979 | 9,831 | |
Cedar Realty Trust, Inc. | 1,512 | 5,700 | |
Chatham Lodging Trust | 694 | 13,533 | |
Chesapeake Lodging Trust | 1,048 | 30,801 | |
City Office REIT, Inc. | 486 | 5,356 | |
Colony Capital, Inc. | 9,590 | 56,293 | |
Columbia Property Trust, Inc. | 2,145 | 48,155 | |
Community Healthcare Trust, Inc. | 243 | 7,222 | |
CorEnergy Infrastructure Trust, Inc. | 184 | 6,648 | |
CorePoint Lodging, Inc. | 695 | 11,377 | |
CoreSite Realty Corp. | 586 | 55,002 | |
Corporate Office Properties Trust (SBI) | 1,643 | 42,455 | |
Corrections Corp. of America | 2,038 | 45,773 | |
Cousins Properties, Inc. | 5,922 | 49,212 | |
CubeSmart | 3,114 | 90,244 | |
CyrusOne, Inc. | 1,284 | 68,347 | |
DDR Corp. | 2,681 | 33,325 | |
DiamondRock Hospitality Co. | 3,400 | 35,530 | |
Douglas Emmett, Inc. | 2,480 | 89,751 | |
Easterly Government Properties, Inc. | 411 | 7,468 | |
EastGroup Properties, Inc. | 570 | 54,600 | |
Empire State Realty Trust, Inc. | 2,134 | 33,845 | |
EPR Properties | 1,096 | 75,339 | |
Equity Commonwealth | 2,149 | 63,997 | |
Equity Lifestyle Properties, Inc. | 1,377 | 130,388 | |
Farmland Partners, Inc. (b) | 554 | 3,795 | |
Federal Realty Investment Trust (SBI) | 1,251 | 155,187 | |
First Industrial Realty Trust, Inc. | 2,025 | 62,168 | |
Forest City Realty Trust, Inc. Class A | 3,731 | 93,872 | |
Four Corners Property Trust, Inc. | 1,031 | 26,888 | |
Franklin Street Properties Corp. | 1,920 | 13,363 | |
Front Yard Residential Corp. Class B | 922 | 8,547 | |
Gaming & Leisure Properties | 3,341 | 112,558 | |
Getty Realty Corp. | 437 | 11,725 | |
Gladstone Commercial Corp. | 359 | 6,817 | |
Global Medical REIT, Inc. | 281 | 2,574 | |
Global Net Lease, Inc. | 997 | 20,189 | |
Government Properties Income Trust | 1,211 | 10,693 | |
Healthcare Realty Trust, Inc. | 1,975 | 55,024 | |
Healthcare Trust of America, Inc. | 2,454 | 64,442 | |
Hersha Hospitality Trust | 732 | 12,854 | |
Highwoods Properties, Inc. (SBI) | 1,729 | 73,725 | |
Hospitality Properties Trust (SBI) | 2,831 | 72,530 | |
Hudson Pacific Properties, Inc. | 2,527 | 76,568 | |
Independence Realty Trust, Inc. | 1,065 | 10,554 | |
Industrial Logistics Properties Trust | 352 | 7,600 | |
InfraReit, Inc. | 637 | 13,390 | |
Investors Real Estate Trust | 2,157 | 11,713 | |
Invitation Homes, Inc. | 1,325 | 28,991 | |
iStar Financial, Inc. | 1,248 | 13,104 | |
JBG SMITH Properties | 1,610 | 60,343 | |
Jernigan Capital, Inc. | 244 | 4,775 | |
Kilroy Realty Corp. | 1,683 | 115,925 | |
Kimco Realty Corp. | 7,356 | 118,358 | |
Kite Realty Group Trust | 1,468 | 23,253 | |
Lamar Advertising Co. Class A | 1,427 | 104,628 | |
LaSalle Hotel Properties (SBI) | 1,950 | 64,370 | |
Lexington Corporate Properties Trust | 3,743 | 29,083 | |
Liberty Property Trust (SBI) | 2,539 | 106,308 | |
Life Storage, Inc. | 804 | 75,705 | |
LTC Properties, Inc. | 660 | 28,228 | |
Mack-Cali Realty Corp. | 1,565 | 31,770 | |
MedEquities Realty Trust, Inc. | 311 | 2,572 | |
Medical Properties Trust, Inc. | 5,524 | 82,087 | |
Monmouth Real Estate Investment Corp. Class A | 1,220 | 18,251 | |
National Health Investors, Inc. | 691 | 50,761 | |
National Retail Properties, Inc. | 2,534 | 118,465 | |
National Storage Affiliates Trust | 740 | 19,706 | |
New Senior Investment Group, Inc. | 1,499 | 8,574 | |
NexPoint Residential Trust, Inc. | 310 | 11,048 | |
NorthStar Realty Europe Corp. | 991 | 13,299 | |
Omega Healthcare Investors, Inc. | 3,366 | 112,256 | |
Outfront Media, Inc. | 2,365 | 41,908 | |
Paramount Group, Inc. | 3,015 | 43,084 | |
Park Hotels & Resorts, Inc. | 1,968 | 57,210 | |
Pebblebrook Hotel Trust (b) | 1,234 | 41,598 | |
Pennsylvania Real Estate Investment Trust (SBI) (b) | 1,260 | 11,277 | |
Physicians Realty Trust | 2,354 | 39,029 | |
Piedmont Office Realty Trust, Inc. Class A | 2,523 | 45,464 | |
Potlatch Corp. | 699 | 25,339 | |
Preferred Apartment Communities, Inc. Class A | 478 | 8,054 | |
PS Business Parks, Inc. | 339 | 44,273 | |
QTS Realty Trust, Inc. Class A | 830 | 31,806 | |
Ramco-Gershenson Properties Trust (SBI) | 1,403 | 18,632 | |
Rayonier, Inc. | 2,120 | 64,024 | |
Regency Centers Corp. | 1,799 | 113,985 | |
Retail Opportunity Investments Corp. | 1,876 | 32,999 | |
Retail Properties America, Inc. | 4,119 | 50,540 | |
Rexford Industrial Realty, Inc. | 1,147 | 36,325 | |
RLJ Lodging Trust | 2,111 | 41,038 | |
Ryman Hospitality Properties, Inc. | 883 | 68,512 | |
Sabra Health Care REIT, Inc. | 1,137 | 24,616 | |
Safety Income and Growth, Inc. | 154 | 2,769 | |
Saul Centers, Inc. | 211 | 10,077 | |
Select Income REIT | 1,091 | 20,631 | |
Senior Housing Properties Trust (SBI) | 4,121 | 66,224 | |
Seritage Growth Properties (b) | 419 | 15,930 | |
Spirit MTA REIT | 859 | 9,200 | |
Spirit Realty Capital, Inc. | 8,379 | 65,524 | |
Stag Industrial, Inc. | 1,309 | 34,636 | |
Store Capital Corp. | 2,683 | 77,887 | |
Summit Hotel Properties, Inc. | 1,479 | 17,038 | |
Sun Communities, Inc. | 1,144 | 114,938 | |
Sunstone Hotel Investors, Inc. | 3,748 | 54,234 | |
Tanger Factory Outlet Centers, Inc. | 1,655 | 36,840 | |
Taubman Centers, Inc. | 1,048 | 57,650 | |
Terreno Realty Corp. | 813 | 30,431 | |
The GEO Group, Inc. | 1,918 | 42,407 | |
The Macerich Co. | 2,086 | 107,679 | |
TIER REIT, Inc. | 822 | 17,813 | |
UDR, Inc. | 4,612 | 180,744 | |
UMH Properties, Inc. | 504 | 7,222 | |
Uniti Group, Inc. | 2,429 | 46,491 | |
Universal Health Realty Income Trust (SBI) | 218 | 13,974 | |
Urban Edge Properties | 1,549 | 31,739 | |
Urstadt Biddle Properties, Inc. Class A | 531 | 10,572 | |
VEREIT, Inc. | 16,839 | 123,430 | |
Washington Prime Group, Inc. | 3,106 | 19,878 | |
Washington REIT (SBI) | 1,272 | 35,451 | |
Weingarten Realty Investors (SBI) | 2,012 | 56,577 | |
Whitestone REIT Class B | 553 | 7,443 | |
WP Carey, Inc. | 1,828 | 120,666 | |
Xenia Hotels & Resorts, Inc. | 1,820 | 37,401 | |
6,331,874 | |||
Real Estate Management & Development - 0.6% | |||
Altisource Portfolio Solutions SA (a)(b) | 224 | 5,652 | |
Colony NorthStar Credit Real Estate, Inc. | 1,447 | 30,879 | |
Forestar Group, Inc. (a) | 472 | 8,496 | |
HFF, Inc. | 601 | 22,087 | |
Howard Hughes Corp. (a) | 619 | 69,031 | |
Jones Lang LaSalle, Inc. | 782 | 103,427 | |
Kennedy-Wilson Holdings, Inc. | 1,577 | 29,931 | |
Marcus & Millichap, Inc. (a) | 239 | 8,298 | |
Newmark Group, Inc. | 1,990 | 19,383 | |
RE/MAX Holdings, Inc. | 319 | 11,927 | |
Realogy Holdings Corp. (b) | 2,477 | 47,236 | |
Retail Value, Inc. (a) | 267 | 7,479 | |
Tejon Ranch Co. (a) | 282 | 5,358 | |
The St. Joe Co. (a) | 1,294 | 19,656 | |
388,840 | |||
TOTAL REAL ESTATE | 6,720,714 | ||
UTILITIES - 4.7% | |||
Electric Utilities - 1.7% | |||
Allete, Inc. | 856 | 63,344 | |
Alliant Energy Corp. | 3,983 | 171,189 | |
El Paso Electric Co. | 690 | 39,365 | |
Evergy, Inc. | 2,439 | 136,560 | |
Hawaiian Electric Industries, Inc. | 1,866 | 69,602 | |
IDACORP, Inc. | 869 | 81,043 | |
MGE Energy, Inc. | 605 | 37,800 | |
OGE Energy Corp. | 3,440 | 124,356 | |
Otter Tail Corp. | 675 | 30,422 | |
Pinnacle West Capital Corp. | 1,927 | 158,496 | |
PNM Resources, Inc. | 1,380 | 53,006 | |
Portland General Electric Co. | 1,537 | 69,288 | |
Spark Energy, Inc. Class A, | 202 | 1,507 | |
Vistra Energy Corp. (a) | 4,876 | 110,344 | |
1,146,322 | |||
Gas Utilities - 1.1% | |||
Atmos Energy Corp. | 1,790 | 166,613 | |
Chesapeake Utilities Corp. | 280 | 22,246 | |
National Fuel Gas Co. | 1,466 | 79,589 | |
New Jersey Resources Corp. | 1,488 | 67,109 | |
Northwest Natural Holding Co. | 496 | 32,136 | |
ONE Gas, Inc. | 900 | 71,019 | |
South Jersey Industries, Inc. (b) | 1,372 | 40,529 | |
Southwest Gas Holdings, Inc. | 820 | 63,361 | |
Spire, Inc. | 787 | 57,120 | |
UGI Corp. | 2,975 | 157,854 | |
757,576 | |||
Independent Power and Renewable Electricity Producers - 0.7% | |||
NRG Energy, Inc. | 5,447 | 197,127 | |
NRG Yield, Inc.: | |||
Class A | 677 | 13,147 | |
Class C | 985 | 19,316 | |
Ormat Technologies, Inc. | 611 | 31,265 | |
Pattern Energy Group, Inc. (b) | 1,148 | 20,572 | |
Terraform Power, Inc. | 1,265 | 14,257 | |
The AES Corp. | 11,382 | 165,950 | |
461,634 | |||
Multi-Utilities - 0.9% | |||
Avangrid, Inc. | 952 | 44,754 | |
Avista Corp. | 1,099 | 56,511 | |
Black Hills Corp. | 925 | 55,038 | |
MDU Resources Group, Inc. | 3,372 | 84,165 | |
NiSource, Inc. | 5,577 | 141,433 | |
NorthWestern Energy Corp. | 826 | 48,536 | |
SCANA Corp. | 2,465 | 98,723 | |
Unitil Corp. | 255 | 12,115 | |
Vectren Corp. | 1,408 | 100,714 | |
641,989 | |||
Water Utilities - 0.3% | |||
American States Water Co. | 635 | 38,875 | |
Aqua America, Inc. | 3,055 | 99,379 | |
AquaVenture Holdings Ltd. (a) | 98 | 1,642 | |
Cadiz, Inc. (a) | 414 | 4,604 | |
California Water Service Group | 836 | 35,112 | |
Connecticut Water Service, Inc. | 187 | 12,925 | |
Middlesex Water Co. | 294 | 13,230 | |
Select Energy Services, Inc. Class A (a) | 297 | 2,839 | |
SJW Corp. | 269 | 16,336 | |
224,942 | |||
TOTAL UTILITIES | 3,232,463 | ||
TOTAL COMMON STOCKS | |||
(Cost $72,679,977) | 68,388,590 | ||
Money Market Funds - 5.6% | |||
Fidelity Cash Central Fund, 2.23% (c) | 1,671,301 | 1,671,636 | |
Fidelity Securities Lending Cash Central Fund 2.23% (c)(d) | 2,145,820 | 2,146,035 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $3,817,671) | 3,817,671 | ||
TOTAL INVESTMENT IN SECURITIES - 105.3% | |||
(Cost $76,497,648) | 72,206,261 | ||
NET OTHER ASSETS (LIABILITIES) - (5.3)% | (3,616,911) | ||
NET ASSETS - 100% | $68,589,350 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 3 | Dec. 2018 | $226,785 | $3,300 | $3,300 |
The notional amount of futures purchased as a percentage of Net Assets is 0.3%
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request.
(d) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $4,628 |
Fidelity Securities Lending Cash Central Fund | 686 |
Total | $5,314 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of October 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $2,527,695 | $2,527,695 | $-- | $-- |
Consumer Discretionary | 9,361,291 | 9,361,291 | -- | -- |
Consumer Staples | 2,248,758 | 2,248,758 | -- | -- |
Energy | 2,778,899 | 2,778,899 | -- | -- |
Financials | 10,285,313 | 10,285,313 | -- | -- |
Health Care | 7,764,988 | 7,764,988 | -- | -- |
Industrials | 10,224,395 | 10,224,395 | -- | -- |
Information Technology | 9,748,001 | 9,748,001 | -- | -- |
Materials | 3,496,073 | 3,496,073 | -- | -- |
Real Estate | 6,720,714 | 6,720,714 | -- | -- |
Utilities | 3,232,463 | 3,232,463 | -- | -- |
Money Market Funds | 3,817,671 | 3,817,671 | -- | -- |
Total Investments in Securities: | $72,206,261 | $72,206,261 | $-- | $-- |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $3,300 | $3,300 | $-- | $-- |
Total Assets | $3,300 | $3,300 | $-- | $-- |
Total Derivative Instruments: | $3,300 | $3,300 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of October 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $3,300 | $0 |
Total Equity Risk | 3,300 | 0 |
Total Value of Derivatives | $3,300 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity ZERO℠ Extended Market Index Fund
Financial Statements
Statement of Assets and Liabilities
October 31, 2018 | ||
Assets | ||
Investment in securities, at value (including securities loaned of $2,090,266) See accompanying schedule: Unaffiliated issuers (cost $72,679,977) | $68,388,590 | |
Fidelity Central Funds (cost $3,817,671) | 3,817,671 | |
Total Investment in Securities (cost $76,497,648) | $72,206,261 | |
Segregated cash with brokers for derivative instruments | 7,100 | |
Foreign currency held at value (cost $87) | 87 | |
Receivable for investments sold | 119,597 | |
Receivable for fund shares sold | 1,905,521 | |
Dividends receivable | 28,480 | |
Distributions receivable from Fidelity Central Funds | 3,331 | |
Total assets | 74,270,377 | |
Liabilities | ||
Payable to custodian bank | $112,760 | |
Payable for investments purchased | 3,405,853 | |
Payable for fund shares redeemed | 16,342 | |
Payable for daily variation margin on futures contracts | 37 | |
Collateral on securities loaned | 2,146,035 | |
Total liabilities | 5,681,027 | |
Net Assets | $68,589,350 | |
Net Assets consist of: | ||
Paid in capital | $72,824,145 | |
Total distributable earnings (loss) | (4,234,795) | |
Net Assets, for 7,633,382 shares outstanding | $68,589,350 | |
Net Asset Value, offering price and redemption price per share ($68,589,350 ÷ 7,633,382 shares) | $8.99 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
For the period September 13, 2018 (commencement of operations) to October 31, 2018 |
||
Investment Income | ||
Dividends | $61,045 | |
Income from Fidelity Central Funds | 5,314 | |
Total income | 66,359 | |
Expenses | ||
Independent trustees' fees and expenses | $5 | |
Total expenses | 5 | |
Net investment income (loss) | 66,354 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (1,025) | |
Foreign currency transactions | 7 | |
Futures contracts | (10,642) | |
Total net realized gain (loss) | (11,660) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | (4,291,387) | |
Assets and liabilities in foreign currencies | 1 | |
Futures contracts | 3,300 | |
Total change in net unrealized appreciation (depreciation) | (4,288,086) | |
Net gain (loss) | (4,299,746) | |
Net increase (decrease) in net assets resulting from operations | $(4,233,392) |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
For the period September 13, 2018 (commencement of operations) to October 31, 2018 |
|
Increase (Decrease) in Net Assets | |
Operations | |
Net investment income (loss) | $66,354 |
Net realized gain (loss) | (11,660) |
Change in net unrealized appreciation (depreciation) | (4,288,086) |
Net increase (decrease) in net assets resulting from operations | (4,233,392) |
Share transactions | |
Proceeds from sales of shares | 75,495,917 |
Cost of shares redeemed | (2,673,175) |
Net increase (decrease) in net assets resulting from share transactions | 72,822,742 |
Total increase (decrease) in net assets | 68,589,350 |
Net Assets | |
Beginning of period | |
End of period | $68,589,350 |
Other Information | |
Shares | |
Sold | 7,909,281 |
Redeemed | (275,899) |
Net increase (decrease) | 7,633,382 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity ZERO Extended Market Index Fund
Year ended October 31, | 2018 A |
Selected PerShare Data | |
Net asset value, beginning of period | $10.00 |
Income from Investment Operations | |
Net investment income (loss)B | .02 |
Net realized and unrealized gain (loss) | (1.03) |
Total from investment operations | (1.01) |
Net asset value, end of period | $8.99 |
Total ReturnC | (10.10)% |
Ratios to Average Net AssetsD,E | |
Expenses before reductionsF | - %G |
Expenses net of fee waivers, if anyF | - %G |
Expenses net of all reductionsF | - %G |
Net investment income (loss) | 1.31%G |
Supplemental Data | |
Net assets, end of period (000 omitted) | $68,589 |
Portfolio turnover rateH | 0%I,J |
A For the period September 13, 2018 (commencement of operations) to October 31, 2018.
B Calculated based on average shares outstanding during the period.
C Total returns for periods of less than one year are not annualized.
D Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
E Expense ratios reflect operating expenses of the Fund. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the Fund during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the Fund.
F Amount represents less than .005%.
G Annualized
H Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
I Amount not annualized.
J Amount represents less than 1%.
See accompanying notes which are an integral part of the financial statements.
Fidelity ZERO℠ International Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of October 31, 2018
% of fund's net assets | |
Nestle SA (Reg. S) (Switzerland, Food Products) | 1.2 |
Novartis AG (Switzerland, Pharmaceuticals) | 1.1 |
Samsung Electronics Co. Ltd. (Korea (South), Technology Hardware, Storage & Peripherals) | 1.0 |
Tencent Holdings Ltd. (Cayman Islands, Interactive Media & Services) | 0.9 |
Toyota Motor Corp. (Japan, Automobiles) | 0.8 |
Roche Holding AG (participation certificate) (Switzerland, Pharmaceuticals) | 0.8 |
HSBC Holdings PLC (United Kingdom) (United Kingdom, Banks) | 0.8 |
Alibaba Group Holding Ltd. sponsored ADR (Cayman Islands, Internet & Direct Marketing Retail) | 0.8 |
Total SA (France, Oil, Gas & Consumable Fuels) | 0.7 |
Royal Dutch Shell PLC Class A (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels) | 0.7 |
8.8 |
Top Market Sectors as of October 31, 2018
% of fund's net assets | |
Financials | 22.8 |
Industrials | 11.5 |
Consumer Discretionary | 10.4 |
Consumer Staples | 9.1 |
Health Care | 8.1 |
Information Technology | 8.1 |
Materials | 7.6 |
Communication Services | 7.1 |
Energy | 7.0 |
Real Estate | 2.6 |
Geographic Diversification (% of fund's net assets)
As of October 31, 2018 | ||
Japan | 19.0% | |
United Kingdom | 10.2% | |
Canada | 6.7% | |
France | 6.0% | |
Switzerland | 5.5% | |
Germany | 5.4% | |
Australia | 4.4% | |
Korea (South) | 3.7% | |
Cayman Islands | 3.4% | |
Other* | 35.7% |
* Includes Short-Term investments and Net Other Assets (Liabilities).
Percentages are based on country or territory of incorporation and are adjusted for the effect of futures contracts, if applicable.
Asset Allocation (% of fund's net assets)
As of October 31, 2018 | ||
Stocks and Equity Futures | 100.1% | |
Short-Term Investments and Net Other Assets (Liabilities)* | (0.1)% |
* Short-Term Investments and Net Other Assets (Liabilities) are not included in the pie chart
Fidelity ZERO℠ International Index Fund
Schedule of Investments October 31, 2018
Showing Percentage of Net Assets
Common Stocks - 96.1% | |||
Shares | Value | ||
Australia - 4.4% | |||
AGL Energy Ltd. | 12,708 | $161,985 | |
ALS Ltd. | 10,132 | 58,548 | |
Alumina Ltd. | 44,695 | 80,709 | |
Amcor Ltd. | 21,574 | 203,192 | |
AMP Ltd. | 56,242 | 98,375 | |
Ansell Ltd. | 3,136 | 51,477 | |
APA Group unit | 20,832 | 141,621 | |
Aristocrat Leisure Ltd. | 11,186 | 209,916 | |
Atlas Arteria Ltd. unit | 11,539 | 55,810 | |
Australia & New Zealand Banking Group Ltd. | 54,485 | 1,000,472 | |
Bank of Queensland Ltd. | 8,529 | 58,284 | |
Bendigo & Adelaide Bank Ltd. | 9,630 | 69,763 | |
BHP Billiton Ltd. | 59,486 | 1,372,559 | |
BlueScope Steel Ltd. | 10,799 | 109,892 | |
Boral Ltd. | 22,650 | 89,982 | |
Brambles Ltd. | 29,640 | 222,909 | |
Caltex Australia Ltd. | 5,004 | 100,142 | |
Carsales.com Ltd. | 5,095 | 44,018 | |
Challenger Ltd. | 10,932 | 79,428 | |
Cimic Group Ltd. | 1,555 | 52,074 | |
Coca-Cola Amatil Ltd. | 10,272 | 72,087 | |
Cochlear Ltd. | 1,081 | 135,939 | |
Commonwealth Bank of Australia | 31,927 | 1,565,228 | |
Computershare Ltd. | 9,382 | 131,349 | |
Crown Ltd. | 6,143 | 54,421 | |
CSL Ltd. | 8,540 | 1,136,949 | |
DEXUS Property Group unit | 18,218 | 131,591 | |
Dominos Pizza Enterprises Ltd. | 1,263 | 48,306 | |
Downer EDI Ltd. | 7,446 | 36,488 | |
Evolution Mining Ltd. | 26,934 | 56,838 | |
Flight Centre Travel Group Ltd. | 809 | 26,582 | |
Fortescue Metals Group Ltd. | 32,927 | 93,269 | |
Goodman Group unit | 29,570 | 217,357 | |
Healthscope Ltd. | 33,348 | 49,828 | |
Iluka Resources Ltd. | 8,973 | 51,215 | |
Incitec Pivot Ltd. | 31,655 | 87,424 | |
Insurance Australia Group Ltd. | 43,268 | 209,273 | |
IOOF Holdings Ltd. | 5,254 | 25,337 | |
JB Hi-Fi Ltd. | 2,123 | 34,578 | |
Lendlease Group unit | 10,901 | 135,864 | |
Link Administration Holdings Ltd. | 5,677 | 30,151 | |
Macquarie Group Ltd. | 6,326 | 525,028 | |
Medibank Private Ltd. | 53,004 | 104,722 | |
Metcash Ltd. | 14,796 | 28,814 | |
Mineral Resources Ltd. | 2,600 | 26,237 | |
Mirvac Group unit | 72,278 | 111,069 | |
National Australia Bank Ltd. | 49,105 | 879,447 | |
Newcrest Mining Ltd. | 14,232 | 207,716 | |
NIB Holdings Ltd. | 8,402 | 32,962 | |
Northern Star Resources Ltd. | 11,958 | 74,350 | |
Orica Ltd. | 6,169 | 74,965 | |
Origin Energy Ltd. (a) | 33,089 | 170,819 | |
Orora Ltd. | 23,878 | 56,815 | |
Qantas Airways Ltd. | 38,199 | 147,967 | |
QBE Insurance Group Ltd. | 25,757 | 206,475 | |
Qube Holdings Ltd. | 19,070 | 33,086 | |
Ramsay Health Care Ltd. | 2,469 | 98,296 | |
realestate.com.au Ltd. | 912 | 46,255 | |
Rio Tinto Ltd. | 7,846 | 424,489 | |
Santos Ltd. | 35,078 | 164,941 | |
Scentre Group unit | 98,245 | 276,897 | |
SEEK Ltd. | 6,705 | 84,802 | |
Sonic Healthcare Ltd. | 8,011 | 127,926 | |
South32 Ltd. | 100,096 | 256,596 | |
SP AusNet | 32,272 | 39,079 | |
Spark Infrastructure Group unit | 34,572 | 56,309 | |
Stockland Corp. Ltd. unit | 45,831 | 117,163 | |
Suncorp Group Ltd. | 23,951 | 237,622 | |
Sydney Airport unit | 42,821 | 195,285 | |
Tabcorp Holdings Ltd. | 12,853 | 42,051 | |
Telstra Corp. Ltd. | 231,296 | 504,480 | |
The GPT Group unit | 33,651 | 122,963 | |
The Star Entertainment Group Ltd. | 16,355 | 54,898 | |
Transurban Group unit | 37,385 | 300,217 | |
Treasury Wine Estates Ltd. | 14,146 | 151,464 | |
Vicinity Centres unit | 61,876 | 116,116 | |
Wesfarmers Ltd. | 20,789 | 686,327 | |
Westpac Banking Corp. | 62,183 | 1,181,211 | |
Whitehaven Coal Ltd. | 14,072 | 48,331 | |
Woodside Petroleum Ltd. | 13,383 | 330,279 | |
Woolworths Group Ltd. | 23,418 | 471,468 | |
WorleyParsons Ltd. | 6,529 | 67,457 | |
TOTAL AUSTRALIA | 17,474,624 | ||
Austria - 0.2% | |||
ams AG | 1,189 | 46,254 | |
Andritz AG | 1,349 | 69,919 | |
BAWAG Group AG | 617 | 26,654 | |
BUWOG AG | 1,060 | 36,018 | |
CA Immobilien Anlagen AG | 1,569 | 51,075 | |
Erste Group Bank AG | 5,732 | 233,725 | |
IMMOFINANZ Immobilien Anlagen AG | 1,321 | 31,511 | |
Lenzing AG | 84 | 7,626 | |
Oesterreichische Post AG | 715 | 29,057 | |
OMV AG | 2,660 | 148,021 | |
Osterreichische Elektrizitatswirtschafts AG | 2,407 | 97,056 | |
Raiffeisen International Bank-Holding AG | 2,264 | 61,800 | |
UNIQA Insurance Group AG | 1,141 | 10,662 | |
Voestalpine AG | 2,126 | 75,588 | |
Wienerberger AG | 2,066 | 47,550 | |
TOTAL AUSTRIA | 972,516 | ||
Bailiwick of Jersey - 0.8% | |||
Experian PLC | 17,718 | 407,500 | |
Ferguson PLC | 4,518 | 305,088 | |
Glencore Xstrata PLC | 225,979 | 920,987 | |
Polymetal International PLC | 4,026 | 37,268 | |
Randgold Resources Ltd. | 1,777 | 139,768 | |
Shire PLC | 16,847 | 1,016,732 | |
WPP PLC | 24,964 | 282,486 | |
TOTAL BAILIWICK OF JERSEY | 3,109,829 | ||
Belgium - 0.8% | |||
Ackermans & Van Haaren SA | 373 | 58,767 | |
Ageas | 3,785 | 189,532 | |
Anheuser-Busch InBev SA NV | 16,185 | 1,197,065 | |
Bpost SA | 1,601 | 24,317 | |
Cofinimmo SA | 416 | 49,804 | |
Colruyt NV | 1,195 | 69,462 | |
Galapagos Genomics NV (a) | 874 | 89,793 | |
Groupe Bruxelles Lambert SA | 1,460 | 135,899 | |
KBC Ancora | 638 | 29,512 | |
KBC Groep NV | 6,370 | 439,392 | |
Proximus | 2,784 | 71,107 | |
Sofina SA | 289 | 55,320 | |
Solvay SA Class A | 1,421 | 161,996 | |
Telenet Group Holding NV | 983 | 47,742 | |
UCB SA | 2,577 | 216,519 | |
Umicore SA | 3,638 | 171,375 | |
TOTAL BELGIUM | 3,007,602 | ||
Bermuda - 0.5% | |||
Beijing Enterprises Water Group Ltd. | 94,000 | 47,827 | |
Brilliance China Automotive Holdings Ltd. | 56,000 | 48,845 | |
Cheung Kong Infrastructure Holdings Ltd. | 14,000 | 102,296 | |
China Gas Holdings Ltd. | 44,000 | 139,149 | |
China Resource Gas Group Ltd. | 16,000 | 61,209 | |
Credicorp Ltd. (United States) | 1,243 | 280,558 | |
Dairy Farm International Holdings Ltd. | 5,800 | 52,374 | |
GasLog Ltd. | 871 | 17,821 | |
Golar LNG Ltd. | 1,980 | 53,024 | |
Haier Electronics Group Co. Ltd. | 24,000 | 50,130 | |
Hiscox Ltd. | 5,787 | 120,422 | |
Hongkong Land Holdings Ltd. | 21,396 | 126,664 | |
Jardine Matheson Holdings Ltd. | 5,106 | 294,667 | |
Jardine Strategic Holdings Ltd. | 3,400 | 113,900 | |
Kerry Properties Ltd. | 8,500 | 26,718 | |
Kingston Financial Group Ltd. | 32,000 | 7,386 | |
Kunlun Energy Co. Ltd. | 56,000 | 63,556 | |
Landing International Development Ltd. (a) | 6,000 | 1,247 | |
Li & Fung Ltd. | 112,000 | 22,137 | |
Nine Dragons Paper (Holdings) Ltd. | 33,000 | 31,477 | |
NWS Holdings Ltd. | 30,000 | 59,373 | |
Shangri-La Asia Ltd. | 26,000 | 35,476 | |
Vtech Holdings Ltd. | 3,400 | 39,888 | |
Yue Yuen Industrial (Holdings) Ltd. | 12,000 | 32,823 | |
TOTAL BERMUDA | 1,828,967 | ||
Brazil - 1.0% | |||
Ambev SA | 82,100 | 360,477 | |
Banco Bradesco SA | 24,900 | 202,398 | |
Banco do Brasil SA | 21,200 | 243,531 | |
BB Seguridade Participacoes SA | 12,800 | 91,077 | |
BM&F BOVESPA SA | 33,900 | 241,759 | |
BR Malls Participacoes SA | 10,300 | 35,150 | |
Brasil Foods SA (a) | 9,900 | 58,259 | |
CCR SA | 16,700 | 49,227 | |
Centrais Eletricas Brasileiras SA (Electrobras) (a) | 8,300 | 52,412 | |
Cielo SA | 21,200 | 75,195 | |
Companhia de Saneamento Basico do Estado de Sao Paulo (SABESP) | 6,600 | 49,569 | |
Companhia Siderurgica Nacional SA (CSN) | 10,300 | 26,487 | |
Cosan SA Industria e Comercio | 3,200 | 27,731 | |
CVC Brasil Operadora e Agencia de Viagens SA | 2,400 | 36,501 | |
Drogasil SA | 3,600 | 60,769 | |
Embraer SA | 10,900 | 61,302 | |
ENGIE Brasil Energia SA | 2,900 | 31,014 | |
Equatorial Energia SA | 3,800 | 69,424 | |
Estacio Participacoes SA | 5,700 | 35,427 | |
Fibria Celulose SA | 4,100 | 79,158 | |
Hypermarcas SA | 6,400 | 51,214 | |
IRB Brasil Resseguros SA | 2,400 | 46,730 | |
JBS SA | 16,300 | 44,895 | |
Klabin SA unit | 13,300 | 66,723 | |
Kroton Educacional SA | 27,000 | 82,854 | |
Localiza Rent A Car SA | 9,300 | 71,846 | |
Lojas Renner SA | 13,500 | 136,397 | |
M. Dias Branco SA | 2,500 | 29,874 | |
Multiplan Empreendimentos Imobiliarios SA | 8,100 | 50,060 | |
Natura Cosmeticos SA | 3,500 | 30,650 | |
Petrobras Distribuidora SA | 4,900 | 31,574 | |
Petroleo Brasileiro SA - Petrobras (ON) | 50,500 | 411,436 | |
Qualicorp SA | 2,200 | 8,513 | |
Rumo SA (a) | 20,300 | 90,822 | |
Sul America SA unit | 3,900 | 25,990 | |
Suzano Papel e Celulose SA | 7,600 | 77,297 | |
Terna Participacoes SA unit | 6,000 | 35,889 | |
TIM Participacoes SA | 14,300 | 44,535 | |
Ultrapar Participacoes SA | 8,200 | 97,501 | |
Vale SA | 21,900 | 333,723 | |
Weg SA | 18,900 | 91,415 | |
TOTAL BRAZIL | 3,746,805 | ||
British Virgin Islands - 0.0% | |||
Mail.Ru Group Ltd. GDR (Reg. S) (a) | 2,097 | 55,864 | |
Canada - 6.5% | |||
Agnico Eagle Mines Ltd. (Canada) | 4,307 | 152,133 | |
Air Canada (a) | 5,704 | 108,235 | |
Algonquin Power & Utilities Corp. | 7,704 | 76,897 | |
Alimentation Couche-Tard, Inc. Class B (sub. vtg.) | 7,821 | 373,509 | |
AltaGas Ltd. | 3,602 | 45,283 | |
ARC Resources Ltd. | 7,232 | 67,351 | |
ATCO Ltd. Class I (non-vtg.) | 1,696 | 49,445 | |
B2Gold Corp. (a) | 17,674 | 43,633 | |
Bank of Montreal | 11,787 | 881,305 | |
Bank of Nova Scotia | 22,261 | 1,194,682 | |
Barrick Gold Corp. | 21,955 | 275,011 | |
Bausch Health Cos., Inc. (Canada) (a) | 5,761 | 131,812 | |
BCE, Inc. | 16,216 | 627,601 | |
BlackBerry Ltd. (a) | 9,520 | 87,864 | |
Bombardier, Inc. Class B (sub. vtg.) (a) | 37,270 | 90,312 | |
Brookfield Asset Management, Inc. Class A | 16,169 | 659,804 | |
CAE, Inc. | 4,894 | 86,322 | |
Cameco Corp. | 7,604 | 81,444 | |
Canadian Imperial Bank of Commerce | 7,098 | 612,937 | |
Canadian National Railway Co. | 14,250 | 1,218,197 | |
Canadian Natural Resources Ltd. | 20,584 | 564,772 | |
Canadian Pacific Railway Ltd. | 2,731 | 560,058 | |
Canadian Tire Ltd. Class A (non-vtg.) | 1,304 | 146,739 | |
Canadian Utilities Ltd. Class A (non-vtg.) | 2,552 | 60,541 | |
Canadian Western Bank, Edmonton | 2,016 | 46,891 | |
CCL Industries, Inc. Class B | 2,716 | 114,256 | |
Cenovus Energy, Inc. (Canada) | 15,731 | 133,118 | |
CGI Group, Inc. Class A (sub. vtg.) (a) | 5,105 | 315,269 | |
CI Financial Corp. | 5,729 | 84,731 | |
Constellation Software, Inc. | 369 | 253,954 | |
Crescent Point Energy Corp. | 10,819 | 51,118 | |
Dollarama, Inc. | 6,076 | 168,048 | |
Element Financial Corp. | 7,859 | 46,266 | |
Emera, Inc. | 3,896 | 120,214 | |
Empire Co. Ltd. Class A (non-vtg.) | 3,551 | 64,603 | |
Enbridge Income Fund Holdings, Inc. | 1,838 | 42,542 | |
Enbridge, Inc. | 16,602 | 517,311 | |
Encana Corp. | 18,934 | 193,302 | |
Enerplus Corp. | 4,144 | 38,561 | |
Fairfax Financial Holdings Ltd. (sub. vtg.) | 459 | 223,041 | |
Finning International, Inc. | 3,568 | 74,100 | |
First Capital Realty, Inc. | 2,286 | 34,105 | |
First Quantum Minerals Ltd. | 13,131 | 131,066 | |
Fortis, Inc. | 7,462 | 246,570 | |
Franco-Nevada Corp. | 3,368 | 210,351 | |
George Weston Ltd. | 814 | 59,205 | |
Gildan Activewear, Inc. | 4,352 | 130,086 | |
Goldcorp, Inc. | 16,260 | 146,858 | |
Great-West Lifeco, Inc. | 5,261 | 120,730 | |
H&R (REIT) unit | 5,737 | 86,766 | |
Husky Energy, Inc. | 5,822 | 82,303 | |
Hydro One Ltd. (b) | 2,805 | 40,803 | |
IAMGOLD Corp. (a) | 8,970 | 30,798 | |
IGM Financial, Inc. | 1,417 | 34,799 | |
Imperial Oil Ltd. | 4,841 | 151,211 | |
Industrial Alliance Insurance and Financial Services, Inc. | 2,203 | 77,882 | |
Intact Financial Corp. | 2,587 | 204,394 | |
Inter Pipeline Ltd. | 6,976 | 113,136 | |
Keyera Corp. | 3,907 | 97,345 | |
Kinross Gold Corp. (a) | 24,917 | 64,732 | |
Kirkland Lake Gold Ltd. | 3,276 | 64,278 | |
Linamar Corp. | 736 | 30,475 | |
Loblaw Companies Ltd. | 4,005 | 200,303 | |
Lundin Mining Corp. | 13,508 | 55,512 | |
Magna International, Inc. Class A (sub. vtg.) | 6,925 | 340,924 | |
Manulife Financial Corp. | 36,975 | 582,241 | |
Maxar Technologies Ltd. | 413 | 6,174 | |
Methanex Corp. | 1,846 | 119,542 | |
Metro, Inc. Class A (sub. vtg.) | 4,550 | 142,778 | |
National Bank of Canada | 6,173 | 280,222 | |
Nfi Group, Inc. | 1,063 | 35,860 | |
Nutrien Ltd. | 12,028 | 636,736 | |
Onex Corp. (sub. vtg.) | 1,706 | 112,161 | |
Open Text Corp. | 4,934 | 166,559 | |
Pan American Silver Corp. | 2,557 | 37,537 | |
Parex Resources, Inc. (a) | 3,225 | 46,962 | |
Parkland Fuel Corp. | 1,941 | 65,184 | |
Pembina Pipeline Corp. | 7,273 | 235,242 | |
Power Corp. of Canada (sub. vtg.) | 6,990 | 144,319 | |
Power Financial Corp. | 4,630 | 99,708 | |
PrairieSky Royalty Ltd. | 4,294 | 65,236 | |
Quebecor, Inc. Class B (sub. vtg.) | 3,640 | 71,393 | |
Restaurant Brands International, Inc. | 4,425 | 242,418 | |
RioCan (REIT) | 6,890 | 125,611 | |
Ritchie Brothers Auctioneers, Inc. | 2,239 | 75,311 | |
Rogers Communications, Inc. Class B (non-vtg.) | 6,680 | 343,984 | |
Royal Bank of Canada | 27,278 | 1,987,547 | |
Saputo, Inc. | 4,098 | 124,859 | |
Seven Generations Energy Ltd. (a) | 5,226 | 56,013 | |
Shaw Communications, Inc. Class B | 8,134 | 151,441 | |
Shopify, Inc. Class A (a) | 1,245 | 171,999 | |
SNC-Lavalin Group, Inc. | 2,858 | 102,037 | |
Stantec, Inc. | 2,367 | 61,600 | |
Sun Life Financial, Inc. | 11,410 | 417,848 | |
Suncor Energy, Inc. | 31,068 | 1,042,169 | |
Teck Resources Ltd. Class B (sub. vtg.) | 8,796 | 181,806 | |
TELUS Corp. | 11,187 | 383,083 | |
The Stars Group, Inc. (a) | 2,582 | 53,701 | |
The Toronto-Dominion Bank | 34,066 | 1,889,810 | |
Thomson Reuters Corp. | 5,445 | 253,420 | |
Toromont Industries Ltd. | 1,606 | 75,612 | |
Tourmaline Oil Corp. | 5,182 | 75,578 | |
TransCanada Corp. | 16,002 | 603,395 | |
Turquoise Hill Resources Ltd. (a) | 15,851 | 26,730 | |
Vermilion Energy, Inc. | 2,647 | 70,194 | |
Waste Connection, Inc. (Canada) | 4,903 | 374,825 | |
West Fraser Timber Co. Ltd. | 1,437 | 72,197 | |
Wheaton Precious Metals Corp. | 8,617 | 141,648 | |
Whitecap Resources, Inc. | 7,290 | 35,662 | |
WSP Global, Inc. | 1,329 | 66,347 | |
Yamana Gold, Inc. | 15,279 | 34,703 | |
TOTAL CANADA | 25,527,246 | ||
Cayman Islands - 3.4% | |||
3SBio, Inc. (b) | 17,000 | 24,670 | |
58.com, Inc. ADR (a) | 1,706 | 111,897 | |
AAC Technology Holdings, Inc. | 14,500 | 110,450 | |
Agile Property Holdings Ltd. | 26,000 | 29,641 | |
Airtac International Group | 2,000 | 17,215 | |
Alibaba Group Holding Ltd. sponsored ADR (a) | 20,313 | 2,890,134 | |
Anta Sports Products Ltd. | 16,000 | 65,698 | |
ASM Pacific Technology Ltd. | 4,100 | 35,396 | |
Autohome, Inc. ADR Class A | 1,012 | 73,249 | |
Baidu.com, Inc. sponsored ADR (a) | 5,035 | 956,952 | |
BeiGene Ltd. ADR (a) | 801 | 100,878 | |
BizLink Holding, Inc. | 1,000 | 5,329 | |
Chailease Holding Co. Ltd. | 23,000 | 65,522 | |
Cheung Kong Property Holdings Ltd. | 52,500 | 340,763 | |
China Conch Venture Holdings Ltd. | 34,000 | 95,384 | |
China Literature Ltd. (a)(b) | 4,400 | 23,762 | |
China Medical System Holdings Ltd. | 24,000 | 28,554 | |
China Mengniu Dairy Co. Ltd. | 51,000 | 150,230 | |
China Resources Land Ltd. | 52,000 | 176,385 | |
China State Construction International Holdings Ltd. | 24,000 | 17,108 | |
CIFI Holdings Group Co. Ltd. | 74,000 | 30,951 | |
CK Hutchison Holdings Ltd. | 50,500 | 508,416 | |
Country Garden Holdings Co. Ltd. | 149,000 | 159,413 | |
Country Garden Services Holdings Co. Ltd. (a) | 10,000 | 12,905 | |
Ctrip.com International Ltd. ADR (a) | 7,102 | 236,355 | |
ENN Energy Holdings Ltd. | 14,400 | 122,388 | |
Evergrande Real Estate Group Ltd. | 68,000 | 162,154 | |
FIH Mobile Ltd. (a) | 11,000 | 1,024 | |
Fullshare Holdings Ltd. | 132,500 | 51,534 | |
GCL-Poly Energy Holdings Ltd. (a) | 152,000 | 9,013 | |
Geely Automobile Holdings Ltd. | 96,000 | 183,628 | |
General Interface Solution Holding Ltd. | 2,000 | 6,621 | |
Gourmet Master Co. Ltd. | 1,000 | 6,056 | |
Haitian International Holdings Ltd. | 12,000 | 23,413 | |
Hengan International Group Co. Ltd. | 14,500 | 114,825 | |
Himax Technologies, Inc. sponsored ADR | 3,058 | 16,238 | |
Huazhu Group Ltd. ADR | 2,387 | 62,444 | |
JD.com, Inc. sponsored ADR (a) | 18,179 | 427,570 | |
Kingboard Chemical Holdings Ltd. | 11,500 | 30,796 | |
Kingsoft Corp. Ltd. | 7,000 | 9,908 | |
KWG Property Holding Ltd. | 21,500 | 16,423 | |
Longfor Properties Co. Ltd. | 23,500 | 57,057 | |
Meitu, Inc. (a)(b) | 33,500 | 17,472 | |
Melco Crown Entertainment Ltd. sponsored ADR | 3,559 | 59,186 | |
MGM China Holdings Ltd. | 12,800 | 18,085 | |
Minth Group Ltd. | 10,000 | 32,390 | |
NetEase, Inc. ADR | 1,383 | 287,457 | |
New Oriental Education & Technology Group, Inc. sponsored ADR | 2,442 | 142,881 | |
PagSeguro Digital Ltd. (a)(c) | 1,818 | 49,068 | |
Parade Technologies Ltd. | 1,000 | 13,243 | |
Phoenix Group Holdings | 8,837 | 68,055 | |
Sands China Ltd. | 46,400 | 182,832 | |
Semiconductor Manufacturing International Corp. (a) | 76,000 | 62,779 | |
Shenzhou International Group Holdings Ltd. | 10,000 | 110,432 | |
Shimao Property Holdings Ltd. | 23,000 | 44,991 | |
Silergy Corp. | 1,000 | 12,726 | |
Silicon Motion Technology Corp. sponsored ADR | 854 | 32,102 | |
SINA Corp. (a) | 1,241 | 78,568 | |
Sino Biopharmaceutical Ltd. | 130,000 | 116,540 | |
Sunac China Holdings Ltd. | 35,000 | 95,066 | |
Sunny Optical Technology Group Co. Ltd. | 12,800 | 110,993 | |
TAL Education Group ADR (a) | 5,018 | 145,422 | |
Tencent Holdings Ltd. | 100,300 | 3,436,204 | |
Tingyi (Cayman Islands) Holding Corp. | 36,000 | 53,252 | |
TPK Holding Co. Ltd. | 1,000 | 1,550 | |
Vipshop Holdings Ltd. ADR (a) | 5,040 | 24,494 | |
Want Want China Holdings Ltd. | 122,000 | 87,121 | |
Weibo Corp. sponsored ADR (a) | 875 | 51,634 | |
WH Group Ltd. (b) | 132,000 | 92,411 | |
Wharf Real Estate Investment Co. Ltd. | 22,000 | 136,203 | |
Wynn Macau Ltd. | 28,800 | 59,422 | |
Xinyi Glass Holdings Ltd. | 50,000 | 49,477 | |
YY, Inc. ADR (a) | 575 | 36,743 | |
Zall Smart Commerce Ltd. | 60,000 | 42,846 | |
Zhen Ding Technology Holding Ltd. | 5,000 | 11,418 | |
ZTO Express (Cayman), Inc. sponsored ADR | 5,358 | 86,907 | |
TOTAL CAYMAN ISLANDS | 13,418,319 | ||
Chile - 0.3% | |||
Aguas Andinas SA | 45,451 | 23,770 | |
Banco de Chile | 384,125 | 53,534 | |
Banco de Credito e Inversiones | 1,062 | 66,581 | |
Banco de Credito e Inversiones rights 11/29/18 (a) | 63 | 193 | |
Banco Santander Chile | 1,161,077 | 85,746 | |
Cencosud SA | 23,589 | 48,466 | |
Colbun SA | 100,656 | 19,162 | |
Compania Cervecerias Unidas SA | 3,238 | 40,382 | |
Compania de Petroleos de Chile SA (COPEC) | 9,236 | 129,782 | |
CorpBanca SA | 3,681,877 | 34,121 | |
E-CL SA | 4,019 | 6,618 | |
Empresa Nacional de Telecomunicaciones SA (ENTEL) | 3,736 | 27,107 | |
Empresas CMPC SA | 21,149 | 72,806 | |
Enel Chile SA | 342,404 | 29,763 | |
Enersis SA | 565,405 | 88,466 | |
LATAM Airlines Group SA | 7,748 | 70,689 | |
Parque Arauco SA | 8,599 | 19,521 | |
S.A.C.I. Falabella | 20,381 | 153,881 | |
S.A.C.I. Falabella rights 11/17/18 (a) | 631 | 63 | |
Sociedad Matriz Banco de Chile Class B | 107,185 | 47,203 | |
TOTAL CHILE | 1,017,854 | ||
China - 2.1% | |||
Agricultural Bank of China Ltd. (H Shares) | 470,000 | 206,173 | |
Air China Ltd. (H Shares) | 34,000 | 27,358 | |
Aluminum Corp. of China Ltd. (H Shares) (a) | 46,000 | 16,659 | |
Anhui Conch Cement Co. Ltd. (H Shares) | 22,500 | 116,202 | |
Bank Communications Co. Ltd. (H Shares) | 414,000 | 310,423 | |
Bank of China Ltd. (H Shares) | 1,382,000 | 588,614 | |
Beijing Capital International Airport Co. Ltd. (H Shares) | 24,000 | 25,983 | |
BYD Co. Ltd. (H Shares) | 13,000 | 83,626 | |
CGN Power Co. Ltd. (H Shares) (b) | 192,000 | 44,071 | |
China Cinda Asset Management Co. Ltd. (H Shares) | 107,000 | 26,198 | |
China CITIC Bank Corp. Ltd. (H Shares) | 225,000 | 139,155 | |
China Communications Construction Co. Ltd. (H Shares) | 84,000 | 76,802 | |
China Construction Bank Corp. (H Shares) | 1,727,000 | 1,370,456 | |
China Galaxy Securities Co. Ltd. (H Shares) | 64,500 | 32,406 | |
China Huarong Asset Management Co. Ltd. (b) | 155,000 | 28,067 | |
China Life Insurance Co. Ltd. (H Shares) | 137,000 | 274,520 | |
China Longyuan Power Grid Corp. Ltd. (H Shares) | 61,000 | 46,361 | |
China Merchants Bank Co. Ltd. (H Shares) | 69,500 | 267,650 | |
China Minsheng Banking Corp. Ltd. (H Shares) | 133,000 | 98,029 | |
China Molybdenum Co. Ltd. (H Shares) | 66,000 | 24,491 | |
China National Building Materials Co. Ltd. (H Shares) | 48,000 | 34,277 | |
China Oilfield Services Ltd. (H Shares) | 36,000 | 33,742 | |
China Pacific Insurance (Group) Co. Ltd. (H Shares) | 52,000 | 193,625 | |
China Petroleum & Chemical Corp. (H Shares) | 472,000 | 384,480 | |
China Railway Construction Corp. Ltd. (H Shares) | 36,500 | 46,172 | |
China Railway Group Ltd. (H Shares) | 72,000 | 64,270 | |
China Shenhua Energy Co. Ltd. (H Shares) | 63,000 | 142,679 | |
China Southern Airlines Ltd. (H Shares) | 48,000 | 25,953 | |
China Telecom Corp. Ltd. (H Shares) | 258,000 | 121,730 | |
China Vanke Co. Ltd. (H Shares) | 25,400 | 78,222 | |
Chongqing Rural Commercial Bank Co. Ltd. (H Shares) | 26,000 | 14,323 | |
CITIC Securities Co. Ltd. (H Shares) | 40,000 | 70,391 | |
CRRC Corp. Ltd. (H Shares) | 75,000 | 65,800 | |
Dongfeng Motor Group Co. Ltd. (H Shares) | 56,000 | 55,129 | |
Fuyao Glass Industries Group Co. Ltd. | 7,200 | 21,255 | |
GF Securities Co. Ltd. (H Shares) | 30,400 | 39,309 | |
Great Wall Motor Co. Ltd. (H Shares) | 47,500 | 28,105 | |
Guangzhou Automobile Group Co. Ltd. (H Shares) | 56,000 | 56,629 | |
Guangzhou R&F Properties Co. Ltd. (H Shares) | 21,200 | 33,252 | |
Haitong Securities Co. Ltd. (H Shares) | 62,400 | 62,782 | |
Huaneng Power International, Inc. (H Shares) | 84,000 | 46,810 | |
Huatai Securities Co. Ltd. (H Shares) (b) | 31,800 | 51,094 | |
Industrial & Commercial Bank of China Ltd. (H Shares) | 1,450,000 | 983,786 | |
New China Life Insurance Co. Ltd. (H Shares) | 15,000 | 70,104 | |
People's Insurance Co. of China Group (H Shares) | 131,000 | 53,456 | |
PetroChina Co. Ltd. (H Shares) | 390,000 | 280,419 | |
PICC Property & Casualty Co. Ltd. (H Shares) | 128,000 | 124,051 | |
Ping An Insurance (Group) Co. of China Ltd. (H Shares) | 94,000 | 885,226 | |
Postal Savings Bank of China Co. Ltd. | 55,000 | 32,823 | |
Shanghai Fosun Pharmaceutical (Group) Co. Ltd. (H Shares) | 7,500 | 22,475 | |
Sinopec Shanghai Petrochemical Co. Ltd. (H Shares) | 48,000 | 21,056 | |
Sinopharm Group Co. Ltd. (H Shares) | 22,400 | 107,973 | |
TravelSky Technology Ltd. (H Shares) | 16,000 | 38,766 | |
Weichai Power Co. Ltd. (H Shares) | 33,000 | 32,613 | |
Yanzhou Coal Mining Co. Ltd. (H Shares) | 30,000 | 28,348 | |
Zhuzhou CRRC Times Electric Co. Ltd. (H Shares) | 10,600 | 56,636 | |
Zijin Mng Group Co. Ltd. (H Shares) | 110,000 | 40,819 | |
ZTE Corp. (H Shares) | 12,400 | 18,912 | |
TOTAL CHINA | 8,270,736 | ||
Colombia - 0.0% | |||
Almacenes Exito SA | 1,600 | 6,908 | |
Bancolombia SA | 4,232 | 39,803 | |
Grupo de Inversiones Suramerica SA | 5,128 | 50,014 | |
Interconexion Electrica SA ESP | 6,930 | 25,744 | |
Inversiones Argos SA | 6,677 | 31,109 | |
TOTAL COLOMBIA | 153,578 | ||
Czech Republic - 0.0% | |||
Ceske Energeticke Zavody A/S | 3,039 | 72,320 | |
Komercni Banka A/S | 1,435 | 54,514 | |
MONETA Money Bank A/S (b) | 5,710 | 18,949 | |
TOTAL CZECH REPUBLIC | 145,783 | ||
Denmark - 1.1% | |||
A.P. Moller - Maersk A/S: | |||
Series A | 53 | 63,083 | |
Series B | 129 | 162,825 | |
Ambu A/S Series B | 3,168 | 66,035 | |
Carlsberg A/S Series B | 1,993 | 219,848 | |
Christian Hansen Holding A/S | 1,829 | 184,874 | |
Coloplast A/S Series B | 2,026 | 189,162 | |
Danske Bank A/S | 14,510 | 278,331 | |
DONG Energy A/S (b) | 3,876 | 246,262 | |
DSV de Sammensluttede Vognmaend A/S | 3,534 | 284,141 | |
Genmab A/S (a) | 1,160 | 158,919 | |
GN Store Nord A/S | 3,100 | 131,636 | |
H Lundbeck A/S | 953 | 44,504 | |
ISS Holdings A/S | 3,588 | 117,986 | |
Jyske Bank A/S (Reg.) | 1,504 | 61,490 | |
Novo Nordisk A/S Series B | 34,665 | 1,497,062 | |
Novozymes A/S Series B | 4,300 | 212,490 | |
Pandora A/S | 2,203 | 137,828 | |
Sydbank A/S | 1,417 | 32,763 | |
Tryg A/S | 1,756 | 42,441 | |
Vestas Wind Systems A/S | 4,193 | 262,966 | |
William Demant Holding A/S (a) | 1,992 | 65,564 | |
TOTAL DENMARK | 4,460,210 | ||
Egypt - 0.0% | |||
Commercial International Bank SAE | 22,873 | 101,473 | |
EFG-Hermes Holding SAE (a) | 1,804 | 1,399 | |
Global Telecom Holding (a) | 9,485 | 1,461 | |
Talaat Moustafa Group Holding | 3,691 | 1,874 | |
TOTAL EGYPT | 106,207 | ||
Finland - 0.9% | |||
Amer Group PLC (A Shares) | 2,380 | 88,500 | |
Elisa Corp. (A Shares) | 2,892 | 115,138 | |
Fortum Corp. | 8,203 | 172,769 | |
Huhtamaki Oyj | 1,631 | 45,796 | |
KCI Konecranes Oyj | 1,496 | 53,646 | |
Kesko Oyj | 1,248 | 72,967 | |
Kone Oyj (B Shares) | 7,113 | 346,592 | |
Metso Corp. | 2,535 | 80,137 | |
Neste Oyj | 2,382 | 196,304 | |
Nokia Corp. | 109,095 | 616,232 | |
Nokian Tyres PLC | 2,198 | 69,907 | |
Nordea Bank ABP (a) | 59,611 | 518,453 | |
Orion Oyj (B Shares) | 1,699 | 58,501 | |
Outokumpu Oyj (A Shares) | 5,536 | 23,263 | |
Sampo Oyj (A Shares) | 9,047 | 416,646 | |
Stora Enso Oyj (R Shares) | 10,722 | 161,580 | |
TietoEnator Oyj | 1,059 | 34,137 | |
UPM-Kymmene Corp. | 9,831 | 316,348 | |
Valmet Corp. | 2,689 | 61,279 | |
Wartsila Corp. | 8,584 | 146,375 | |
TOTAL FINLAND | 3,594,570 | ||
France - 6.0% | |||
Accor SA | 3,998 | 183,035 | |
Aeroports de Paris | 598 | 125,237 | |
Air Liquide SA | 7,875 | 954,399 | |
Alstom SA | 2,865 | 125,421 | |
Arkema SA | 1,392 | 146,281 | |
Atos Origin SA | 1,739 | 149,262 | |
AXA SA | 35,647 | 892,126 | |
BNP Paribas SA | 20,726 | 1,082,916 | |
Bouygues SA | 3,740 | 136,572 | |
Bureau Veritas SA | 4,951 | 111,875 | |
Capgemini SA | 3,039 | 371,749 | |
Carrefour SA | 10,642 | 206,720 | |
Compagnie de St. Gobain | 9,808 | 369,481 | |
Credit Agricole SA | 22,541 | 288,693 | |
Danone SA | 11,408 | 807,839 | |
Dassault Systemes SA | 2,518 | 316,146 | |
Edenred SA | 3,854 | 146,366 | |
Eiffage SA | 1,245 | 121,865 | |
ENGIE | 29,632 | 395,201 | |
Essilor International SA | 3,662 | 500,843 | |
Faurecia SA | 1,494 | 72,611 | |
Gecina SA | 775 | 113,851 | |
Groupe Eurotunnel SA | 10,319 | 129,910 | |
Hermes International SCA | 392 | 224,219 | |
Iliad SA | 434 | 50,263 | |
Ingenico SA | 1,175 | 83,365 | |
Kering SA | 1,390 | 619,677 | |
Klepierre SA | 3,957 | 134,457 | |
L'Oreal SA | 4,517 | 1,017,608 | |
Legrand SA | 4,944 | 323,334 | |
LVMH Moet Hennessy - Louis Vuitton SA | 5,091 | 1,544,637 | |
Michelin CGDE Series B | 3,418 | 349,916 | |
Natixis SA | 16,906 | 98,922 | |
Orange SA | 42,989 | 670,987 | |
Orpea | 1,017 | 125,385 | |
Pernod Ricard SA | 4,088 | 624,161 | |
Peugeot Citroen SA | 8,618 | 205,278 | |
Publicis Groupe SA | 3,907 | 226,751 | |
Renault SA | 3,576 | 267,607 | |
Rubis | 1,790 | 92,654 | |
Safran SA | 6,036 | 780,019 | |
Sanofi SA | 21,941 | 1,960,660 | |
Schneider Electric SA | 11,105 | 803,015 | |
SCOR SE | 3,342 | 154,437 | |
Societe Generale Series A | 13,940 | 511,009 | |
Sodexo SA | 1,779 | 181,590 | |
SR Teleperformance SA | 1,064 | 175,468 | |
Suez Environnement SA | 6,887 | 99,730 | |
Thales SA | 1,914 | 244,972 | |
Total SA | 46,964 | 2,755,633 | |
Valeo SA | 4,538 | 146,370 | |
Veolia Environnement SA | 9,499 | 189,574 | |
VINCI SA | 9,394 | 836,060 | |
Vivendi SA | 16,488 | 397,663 | |
TOTAL FRANCE | 23,643,820 | ||
Germany - 5.1% | |||
adidas AG | 3,908 | 920,690 | |
Allianz SE | 8,445 | 1,759,262 | |
Axel Springer Verlag AG | 960 | 63,827 | |
BASF AG | 17,021 | 1,306,167 | |
Bayer AG | 15,612 | 1,196,698 | |
Bayerische Motoren Werke AG (BMW) | 5,873 | 507,086 | |
Beiersdorf AG | 1,769 | 183,134 | |
Brenntag AG | 2,984 | 156,047 | |
Commerzbank AG (a) | 20,025 | 189,140 | |
Continental AG | 2,019 | 333,761 | |
Covestro AG (b) | 1,351 | 87,406 | |
Daimler AG (Germany) | 18,523 | 1,098,517 | |
Deutsche Bank AG | 28,603 | 280,268 | |
Deutsche Borse AG | 3,563 | 450,266 | |
Deutsche Lufthansa AG | 4,652 | 93,579 | |
Deutsche Post AG | 17,762 | 560,840 | |
Deutsche Telekom AG | 59,572 | 977,081 | |
Deutsche Wohnen AG (Bearer) | 6,203 | 284,124 | |
E.ON AG | 37,171 | 359,446 | |
Evonik Industries AG | 2,739 | 85,004 | |
Fraport AG Frankfurt Airport Services Worldwide | 599 | 46,339 | |
Freenet AG | 2,885 | 64,994 | |
Fresenius Medical Care AG & Co. KGaA | 3,954 | 310,454 | |
Fresenius SE & Co. KGaA | 7,430 | 472,220 | |
GEA Group AG | 3,415 | 103,894 | |
Hannover Reuck SE | 1,059 | 142,858 | |
HeidelbergCement Finance AG | 2,363 | 160,587 | |
Henkel AG & Co. KGaA | 1,483 | 145,464 | |
Hugo Boss AG | 1,283 | 91,813 | |
Infineon Technologies AG | 21,462 | 430,032 | |
innogy SE (b) | 2,125 | 93,868 | |
K&S AG | 3,936 | 73,425 | |
KION Group AG | 1,279 | 74,896 | |
Lanxess AG | 1,796 | 111,395 | |
LEG Immobilien AG | 1,241 | 135,867 | |
Merck KGaA | 2,457 | 263,320 | |
Morphosys AG (a) | 672 | 62,261 | |
MTU Aero Engines Holdings AG | 979 | 208,245 | |
Muenchener Rueckversicherungs AG | 2,979 | 640,923 | |
OSRAM Licht AG | 1,409 | 57,165 | |
ProSiebenSat.1 Media AG | 4,523 | 104,443 | |
Puma AG | 116 | 59,650 | |
Rheinmetall AG | 770 | 66,754 | |
RWE AG | 9,155 | 178,561 | |
SAP SE | 18,239 | 1,952,913 | |
Siemens AG | 14,141 | 1,625,463 | |
Symrise AG | 2,318 | 194,706 | |
Telefonica Deutschland Holding AG | 13,321 | 51,827 | |
Thyssenkrupp AG | 8,215 | 172,835 | |
TUI AG (GB) | 8,822 | 146,479 | |
Uniper SE | 3,669 | 106,012 | |
United Internet AG | 2,472 | 102,421 | |
Vonovia SE | 8,623 | 394,776 | |
Wirecard AG | 2,154 | 403,531 | |
Zalando SE (a) | 2,111 | 81,773 | |
TOTAL GERMANY | 20,224,507 | ||
Greece - 0.1% | |||
Alpha Bank AE (a) | 24,504 | 37,052 | |
EFG Eurobank Ergasias SA (a) | 27,471 | 18,513 | |
Greek Organization of Football Prognostics SA | 3,167 | 29,773 | |
Hellenic Telecommunications Organization SA | 5,933 | 66,192 | |
Jumbo SA | 1,578 | 23,021 | |
Motor Oil (HELLAS) Corinth Refineries SA | 1,013 | 23,980 | |
Mytilineos Holdings SA | 1,570 | 13,888 | |
National Bank of Greece SA (a) | 10,579 | 18,333 | |
Piraeus Bank SA | 3,797 | 5,591 | |
Titan Cement Co. SA (Reg.) | 636 | 14,004 | |
TOTAL GREECE | 250,347 | ||
Hong Kong - 2.3% | |||
AIA Group Ltd. | 224,600 | 1,699,834 | |
Bank of East Asia Ltd. | 23,129 | 74,915 | |
Beijing Enterprises Holdings Ltd. | 8,000 | 43,255 | |
BOC Hong Kong (Holdings) Ltd. | 67,500 | 252,201 | |
China Everbright International Ltd. | 45,185 | 36,012 | |
China Jinmao Holdings Group Ltd. | 72,000 | 30,207 | |
China Merchants Holdings International Co. Ltd. | 8,000 | 13,609 | |
China Mobile Ltd. | 102,000 | 955,524 | |
China Overseas Land and Investment Ltd. | 80,000 | 250,448 | |
China Resources Beer Holdings Co. Ltd. | 30,000 | 104,247 | |
China Resources Pharmaceutical Group Ltd. (b) | 35,500 | 52,060 | |
China Resources Power Holdings Co. Ltd. | 34,000 | 59,745 | |
China Taiping Insurance Group Ltd. | 27,400 | 91,544 | |
China Unicom Ltd. | 112,000 | 117,146 | |
CITIC Pacific Ltd. | 114,000 | 170,957 | |
CLP Holdings Ltd. | 37,000 | 414,731 | |
CNOOC Ltd. | 298,000 | 507,488 | |
CSPC Pharmaceutical Group Ltd. | 86,000 | 181,389 | |
Far East Horizon Ltd. | 40,000 | 38,766 | |
Fosun International Ltd. | 46,000 | 67,106 | |
Galaxy Entertainment Group Ltd. | 51,000 | 275,748 | |
Guangdong Investment Ltd. | 52,000 | 92,834 | |
Hang Lung Group Ltd. | 16,000 | 39,337 | |
Hang Lung Properties Ltd. | 42,000 | 76,053 | |
Hang Seng Bank Ltd. | 13,500 | 316,069 | |
Henderson Land Development Co. Ltd. | 28,000 | 130,325 | |
Hong Kong & China Gas Co. Ltd. | 164,000 | 313,263 | |
Hong Kong Exchanges and Clearing Ltd. | 21,600 | 572,919 | |
Hysan Development Co. Ltd. | 11,000 | 51,550 | |
Lenovo Group Ltd. | 134,000 | 85,267 | |
Link (REIT) | 42,000 | 372,229 | |
MTR Corp. Ltd. | 26,559 | 128,698 | |
New World Development Co. Ltd. | 103,000 | 130,557 | |
PCCW Ltd. | 79,000 | 43,318 | |
Power Assets Holdings Ltd. | 24,500 | 163,553 | |
Sino Land Ltd. | 60,000 | 94,109 | |
Sino-Ocean Group Holding Ltd. | 72,000 | 28,187 | |
Sun Art Retail Group Ltd. | 42,500 | 46,446 | |
Sun Hung Kai Properties Ltd. | 29,500 | 383,387 | |
Swire Pacific Ltd. (A Shares) | 10,000 | 103,737 | |
Swire Properties Ltd. | 19,800 | 67,541 | |
Techtronic Industries Co. Ltd. | 29,000 | 135,719 | |
Vitasoy International Holdings Ltd. | 16,000 | 50,906 | |
Wharf Holdings Ltd. | 65,000 | 162,128 | |
Wheelock and Co. Ltd. | 14,000 | 74,714 | |
TOTAL HONG KONG | 9,099,778 | ||
Hungary - 0.1% | |||
MOL Hungarian Oil and Gas PLC Series A (For. Reg.) | 9,813 | 102,905 | |
OTP Bank PLC | 3,959 | 142,256 | |
Richter Gedeon PLC | 2,310 | 42,952 | |
TOTAL HUNGARY | 288,113 | ||
India - 2.6% | |||
Adani Ports & Special Economic Zone Ltd. | 15,591 | 67,215 | |
Asian Paints Ltd. | 8,448 | 140,541 | |
Aurobindo Pharma Ltd. | 4,801 | 51,382 | |
Axis Bank Ltd. (a) | 31,394 | 247,213 | |
Bajaj Auto Ltd. | 2,576 | 90,338 | |
Bajaj Finance Ltd. | 4,013 | 129,275 | |
Bajaj Finserv Ltd. | 1,167 | 85,279 | |
Bharat Petroleum Corp. Ltd. | 14,913 | 55,470 | |
Bharti Airtel Ltd. | 21,140 | 83,562 | |
Bharti Infratel Ltd. | 13,992 | 50,938 | |
Coal India Ltd. | 23,330 | 83,955 | |
Dr. Reddy's Laboratories Ltd. | 2,416 | 82,980 | |
Eicher Motors Ltd. | 258 | 76,272 | |
GAIL India Ltd. | 15,915 | 80,533 | |
Grasim Industries Ltd. (a) | 7,722 | 87,029 | |
HCL Technologies Ltd. | 10,338 | 147,550 | |
HDFC Bank Ltd. | 39,309 | 1,020,472 | |
Hero Motocorp Ltd. | 2,474 | 92,402 | |
Hindalco Industries Ltd. | 20,866 | 62,180 | |
Hindustan Petroleum Corp. Ltd. | 14,430 | 43,733 | |
Hindustan Unilever Ltd. | 13,266 | 290,880 | |
Housing Development Finance Corp. Ltd. | 29,336 | 701,767 | |
ICICI Bank Ltd. | 123,437 | 591,924 | |
Indiabulls Housing Finance Ltd. | 5,160 | 58,228 | |
Indian Oil Corp. Ltd. | 38,678 | 72,404 | |
IndusInd Bank Ltd. | 10,115 | 194,901 | |
Infosys Ltd. | 74,629 | 689,511 | |
ITC Ltd. | 161,843 | 612,929 | |
JSW Steel Ltd. | 19,657 | 90,205 | |
Kotak Mahindra Bank Ltd. | 20,498 | 310,172 | |
Larsen & Toubro Ltd. | 22,857 | 400,986 | |
Lupin Ltd. (a) | 4,505 | 53,934 | |
Mahindra & Mahindra Ltd. | 17,546 | 181,711 | |
Maruti Suzuki India Ltd. | 2,506 | 224,185 | |
Motherson Sumi Systems Ltd. (a) | 20,582 | 45,430 | |
NTPC Ltd. | 45,852 | 98,976 | |
Oil & Natural Gas Corp. Ltd. | 51,573 | 106,863 | |
Petronet LNG Ltd. | 13,063 | 39,864 | |
Piramal Enterprises Ltd. | 1,283 | 37,692 | |
Power Grid Corp. of India Ltd. | 41,212 | 103,615 | |
Reliance Industries Ltd. | 62,045 | 890,282 | |
State Bank of India (a) | 59,555 | 226,592 | |
Sun Pharmaceutical Industries Ltd. | 20,794 | 163,138 | |
Tata Consultancy Services Ltd. | 19,833 | 519,731 | |
Tata Motors Ltd. (a) | 37,580 | 91,038 | |
Tata Steel Ltd. | 15,109 | 113,144 | |
Titan Co. Ltd. | 7,948 | 90,764 | |
United Spirits Ltd. (a) | 4,224 | 32,942 | |
UPL Ltd. (a) | 7,131 | 65,019 | |
Vedanta Ltd. (a) | 20,894 | 59,651 | |
Yes Bank Ltd. | 31,933 | 81,214 | |
Zee Entertainment Enterprises Ltd. | 9,223 | 56,253 | |
TOTAL INDIA | 10,074,264 | ||
Indonesia - 0.5% | |||
Barito Pacific Tbk PT | 24,000 | 2,960 | |
PT Adaro Energy Tbk | 345,800 | 37,531 | |
PT Astra International Tbk | 391,500 | 203,444 | |
PT Bank Central Asia Tbk | 252,000 | 392,028 | |
PT Bank Danamon Indonesia Tbk Series A | 56,700 | 27,693 | |
PT Bank Jabar Banten Tbk | 21,000 | 2,473 | |
PT Bank Mandiri (Persero) Tbk | 371,000 | 166,698 | |
PT Bank Negara Indonesia (Persero) Tbk | 153,800 | 74,105 | |
PT Bank Rakyat Indonesia Tbk | 1,021,300 | 211,616 | |
PT Bank Tabungan Negara Tbk | 58,200 | 8,116 | |
PT Bumi Resources Tbk (a) | 167,700 | 1,864 | |
PT Bumi Serpong Damai Tbk (a) | 62,200 | 4,501 | |
PT Charoen Pokphand Indonesia Tbk | 144,500 | 52,278 | |
PT Ciputra Development Tbk | 272,700 | 14,709 | |
PT Gudang Garam Tbk | 7,500 | 35,668 | |
PT Indah Kiat Pulp & Paper Tbk | 36,300 | 30,384 | |
PT Indo Tambangraya Megah Tbk | 8,600 | 14,086 | |
PT Indocement Tunggal Prakarsa Tbk | 24,100 | 27,425 | |
PT Indofood CBP Sukses Makmur Tbk | 25,000 | 14,677 | |
PT Indofood Sukses Makmur Tbk | 81,300 | 31,953 | |
PT Jasa Marga Tbk | 7,300 | 1,993 | |
PT Kalbe Farma Tbk | 384,300 | 34,632 | |
PT Matahari Department Store Tbk | 22,600 | 7,210 | |
PT Perusahaan Gas Negara Tbk Series B | 163,700 | 23,905 | |
PT Semen Gresik (Persero) Tbk | 46,600 | 27,588 | |
PT Surya Citra Media Tbk | 89,600 | 9,253 | |
PT Telekomunikasi Indonesia Tbk Series B | 950,600 | 240,810 | |
PT United Tractors Tbk | 25,700 | 56,632 | |
PT Waskita Karya Persero Tbk | 15,400 | 1,459 | |
PT XL Axiata Tbk (a) | 40,700 | 7,014 | |
TOTAL INDONESIA | 1,764,705 | ||
Ireland - 0.6% | |||
Bank Ireland Group PLC | 17,999 | 127,722 | |
CRH PLC | 15,650 | 466,811 | |
DCC PLC (United Kingdom) | 1,682 | 144,368 | |
Glanbia PLC | 4,050 | 71,653 | |
Grafton Group PLC unit | 4,109 | 38,025 | |
Greencore Group PLC | 11,514 | 27,845 | |
ICON PLC (a) | 1,131 | 156,168 | |
James Hardie Industries PLC CDI | 8,378 | 111,479 | |
Kerry Group PLC Class A | 2,872 | 294,394 | |
Kingspan Group PLC (Ireland) | 2,988 | 129,959 | |
Paddy Power Betfair PLC (Ireland) | 1,599 | 138,006 | |
Ryanair Holdings PLC sponsored ADR (a) | 3,199 | 264,877 | |
Smurfit Kappa Group PLC | 4,594 | 149,754 | |
United Drug PLC (United Kingdom) | 4,847 | 39,155 | |
TOTAL IRELAND | 2,160,216 | ||
Isle of Man - 0.0% | |||
Genting Singapore Ltd. | 110,800 | 70,392 | |
NEPI Rockcastle PLC | 11,115 | 95,980 | |
TOTAL ISLE OF MAN | 166,372 | ||
Israel - 0.5% | |||
Alony Hetz Properties & Investments Ltd. | 1,228 | 11,686 | |
Azrieli Group | 811 | 39,374 | |
Bank Hapoalim BM (Reg.) | 20,781 | 140,780 | |
Bank Leumi le-Israel BM | 27,260 | 170,162 | |
Bezeq The Israel Telecommunication Corp. Ltd. | 35,939 | 41,332 | |
Check Point Software Technologies Ltd. (a) | 2,459 | 272,949 | |
CyberArk Software Ltd. (a) | 563 | 38,430 | |
Elbit Systems Ltd. (Israel) | 392 | 46,894 | |
First International Bank of Israel | 1,337 | 28,822 | |
Gazit-Globe Ltd. | 1,078 | 9,018 | |
Israel Chemicals Ltd. | 10,048 | 57,967 | |
Israel Discount Bank Ltd. (Class A) | 24,143 | 78,987 | |
Mazor Robotics Ltd. (a) | 859 | 24,986 | |
Mellanox Technologies Ltd. (a) | 854 | 72,325 | |
Mizrahi Tefahot Bank Ltd. | 2,432 | 40,980 | |
NICE Systems Ltd. (a) | 1,139 | 120,763 | |
Orbotech Ltd. (a) | 987 | 55,213 | |
Paz Oil Co. Ltd. | 80 | 11,979 | |
SodaStream International Ltd. (a) | 435 | 62,375 | |
Strauss Group Ltd. | 461 | 10,116 | |
Taro Pharmaceutical Industries Ltd. (a) | 326 | 32,440 | |
Teva Pharmaceutical Industries Ltd. sponsored ADR (c) | 17,189 | 343,436 | |
Tower Semiconductor Ltd. (a) | 1,162 | 18,018 | |
Wix.com Ltd. (a) | 625 | 60,844 | |
TOTAL ISRAEL | 1,789,876 | ||
Italy - 1.3% | |||
A2A SpA | 32,825 | 52,962 | |
Assicurazioni Generali SpA | 24,711 | 399,682 | |
Atlantia SpA | 8,880 | 178,629 | |
Azimut Holding SpA | 1,960 | 24,165 | |
Banca Generali SpA | 1,014 | 19,559 | |
Banca Mediolanum S.p.A. | 4,774 | 27,712 | |
Banca Popolare dell'Emilia Romagna | 9,202 | 34,999 | |
Banco BPM SpA (a) | 26,696 | 50,224 | |
Brembo SpA | 2,615 | 28,967 | |
Cerved Information Solutions SpA | 3,487 | 27,825 | |
Davide Campari-Milano SpA | 11,064 | 85,152 | |
DiaSorin S.p.A. | 527 | 50,021 | |
Enel SpA | 142,495 | 698,662 | |
Eni SpA | 49,637 | 881,541 | |
FinecoBank SpA | 8,019 | 83,979 | |
Hera SpA | 15,037 | 41,557 | |
Interpump Group SpA | 1,769 | 51,093 | |
Intesa Sanpaolo SpA | 285,968 | 633,440 | |
Italgas SpA | 10,532 | 54,420 | |
Leonardo SpA | 7,681 | 83,432 | |
Luxottica Group SpA | 2,478 | 155,828 | |
Mediobanca SpA | 11,720 | 102,905 | |
Moncler SpA | 2,461 | 85,575 | |
Pirelli & C. S.p.A. (b) | 7,843 | 57,689 | |
Poste Italiane SpA (b) | 7,692 | 55,323 | |
Prysmian SpA | 4,267 | 82,935 | |
Recordati SpA | 1,663 | 56,357 | |
Saipem SpA (a) | 10,117 | 55,404 | |
Snam Rete Gas SpA | 45,270 | 187,359 | |
Telecom Italia SpA (a) | 257,138 | 151,237 | |
Terna SpA | 26,465 | 136,839 | |
UniCredit SpA | 39,416 | 505,198 | |
Unione di Banche Italiane SCpA | 17,982 | 54,992 | |
Unipol Gruppo SpA | 7,082 | 28,540 | |
Unipolsai SpA | 22,274 | 48,717 | |
TOTAL ITALY | 5,272,919 | ||
Japan - 19.0% | |||
77 Bank Ltd. | 1,400 | 28,996 | |
ABC-MART, Inc. | 600 | 35,095 | |
ACOM Co. Ltd. | 6,400 | 23,652 | |
Activia Properties, Inc. | 13 | 53,919 | |
Adeka Corp. | 2,500 | 37,156 | |
Advance Residence Investment Corp. | 26 | 66,408 | |
Advantest Corp. | 3,900 | 71,996 | |
Aeon (REIT) Investment Corp. | 24 | 26,481 | |
AEON Co. Ltd. | 16,400 | 376,415 | |
AEON Financial Service Co. Ltd. | 2,000 | 39,279 | |
AEON MALL Co. Ltd. | 1,800 | 33,325 | |
Agc, Inc. | 4,600 | 150,670 | |
Aica Kogyo Co. Ltd. | 1,400 | 41,689 | |
Ain Holdings, Inc. | 500 | 39,172 | |
Air Water, Inc. | 3,300 | 53,550 | |
Aisin Seiki Co. Ltd. | 3,700 | 145,429 | |
Ajinomoto Co., Inc. | 10,700 | 172,863 | |
Alfresa Holdings Corp. | 4,200 | 112,226 | |
All Nippon Airways Ltd. | 6,800 | 228,654 | |
Alps Electric Co. Ltd. | 4,100 | 96,649 | |
Amada Holdings Co. Ltd. | 7,600 | 71,598 | |
Amano Corp. | 1,200 | 25,524 | |
Anritsu Corp. | 2,400 | 36,414 | |
Aoyama Trading Co. Ltd. | 700 | 21,217 | |
Aozora Bank Ltd. | 2,100 | 72,463 | |
Ariake Japan Co. Ltd. | 400 | 35,450 | |
Asahi Group Holdings | 8,600 | 377,928 | |
ASAHI INTECC Co. Ltd. | 1,700 | 69,531 | |
Asahi Kasei Corp. | 24,900 | 298,762 | |
Asics Corp. | 3,700 | 53,778 | |
Astellas Pharma, Inc. | 40,800 | 630,368 | |
Azbil Corp. | 2,200 | 40,984 | |
Bandai Namco Holdings, Inc. | 4,200 | 149,448 | |
Bank of Kyoto Ltd. | 1,500 | 67,665 | |
Benesse Holdings, Inc. | 1,700 | 47,383 | |
Bic Camera, Inc. | 3,100 | 41,018 | |
Bridgestone Corp. | 12,600 | 485,847 | |
Brother Industries Ltd. | 5,200 | 95,442 | |
Calbee, Inc. | 2,100 | 69,792 | |
Canon, Inc. | 20,300 | 578,213 | |
Casio Computer Co. Ltd. | 5,000 | 75,466 | |
Central Japan Railway Co. | 3,800 | 729,253 | |
Chiba Bank Ltd. | 16,000 | 101,222 | |
Chiyoda Corp. | 3,300 | 16,421 | |
Chubu Electric Power Co., Inc. | 13,500 | 194,679 | |
Chugai Pharmaceutical Co. Ltd. | 4,000 | 234,187 | |
Chugoku Electric Power Co., Inc. | 6,000 | 77,210 | |
Citizen Watch Co. Ltd. | 6,500 | 37,414 | |
CKD Corp. | 600 | 6,913 | |
Coca-Cola West Co. Ltd. | 1,800 | 47,140 | |
COMSYS Holdings Corp. | 2,300 | 64,010 | |
Concordia Financial Group Ltd. | 24,800 | 113,504 | |
Cosmo Energy Holdings Co. Ltd. | 1,400 | 52,049 | |
Cosmos Pharmaceutical Corp. | 200 | 40,892 | |
Credit Saison Co. Ltd. | 2,600 | 41,288 | |
CyberAgent, Inc. | 2,000 | 85,106 | |
Dai Nippon Printing Co. Ltd. | 5,600 | 125,650 | |
Dai-ichi Mutual Life Insurance Co. | 22,500 | 422,220 | |
Daicel Chemical Industries Ltd. | 6,900 | 73,076 | |
Daido Steel Co. Ltd. | 700 | 28,847 | |
Daifuku Co. Ltd. | 2,400 | 103,372 | |
Daiichi Sankyo Kabushiki Kaisha | 12,200 | 466,323 | |
Daiichikosho Co. Ltd. | 700 | 32,259 | |
Daikin Industries Ltd. | 5,500 | 637,516 | |
Dainippon Sumitomo Pharma Co. Ltd. | 3,300 | 68,949 | |
Daishi Hokuetsu Financial Group, Inc. | 800 | 28,785 | |
Daito Trust Construction Co. Ltd. | 1,500 | 198,077 | |
Daiwa House Industry Co. Ltd. | 12,600 | 380,449 | |
Daiwa House REIT Investment Corp. | 22 | 48,159 | |
Daiwa Office Investment Corp. | 5 | 30,531 | |
Daiwa Securities Group, Inc. | 32,500 | 186,378 | |
DeNA Co. Ltd. | 2,000 | 33,268 | |
Denki Kagaku Kogyo KK | 2,000 | 65,045 | |
DENSO Corp. | 9,900 | 441,597 | |
Dentsu, Inc. | 4,700 | 217,985 | |
Dic Corp. | 1,900 | 56,157 | |
Disco Corp. | 600 | 95,555 | |
Dmg Mori Co. Ltd. | 2,200 | 31,878 | |
Don Quijote Holdings Co. Ltd. | 2,500 | 149,776 | |
Dowa Holdings Co. Ltd. | 1,300 | 37,834 | |
East Japan Railway Co. | 7,200 | 628,832 | |
Ebara Corp. | 2,000 | 58,253 | |
Eisai Co. Ltd. | 5,600 | 466,370 | |
Electric Power Development Co. Ltd. | 3,400 | 92,657 | |
Ezaki Glico Co. Ltd. | 1,100 | 54,788 | |
FamilyMart Co. Ltd. | 1,700 | 197,047 | |
Fanuc Corp. | 3,600 | 626,281 | |
Fast Retailing Co. Ltd. | 1,200 | 604,206 | |
Frontier Real Estate Investment Corp. | 7 | 26,831 | |
Fuji Corp. | 1,600 | 22,404 | |
Fuji Electric Co. Ltd. | 2,600 | 79,366 | |
Fuji Oil Holdings, Inc. | 1,000 | 28,847 | |
Fuji Seal International, Inc. | 700 | 21,248 | |
Fujifilm Holdings Corp. | 8,500 | 367,628 | |
Fujikura Ltd. | 5,500 | 23,726 | |
Fujitsu Ltd. | 3,700 | 225,102 | |
Fukuoka Financial Group, Inc. | 3,400 | 83,540 | |
Fukuyama Transporting Co. Ltd. | 600 | 23,211 | |
Furukawa Electric Co. Ltd. | 1,200 | 32,385 | |
Fuyo General Lease Co. Ltd. | 400 | 22,227 | |
Glory Ltd. | 1,400 | 32,657 | |
GLP J-REIT | 51 | 50,487 | |
GS Yuasa Corp. | 1,200 | 24,633 | |
Gunma Bank Ltd. | 7,800 | 35,393 | |
H2O Retailing Corp. | 1,600 | 24,858 | |
Hakuhodo DY Holdings, Inc. | 5,700 | 95,274 | |
Hamamatsu Photonics K.K. | 2,900 | 97,151 | |
Hankyu Hanshin Holdings, Inc. | 4,700 | 154,952 | |
Hanwa Co. Ltd. | 800 | 26,268 | |
Harmonic Drive Systems, Inc. | 500 | 15,221 | |
Haseko Corp. | 6,200 | 78,564 | |
Hikari Tsushin, Inc. | 400 | 69,907 | |
Hino Motors Ltd. | 5,700 | 54,562 | |
Hirose Electric Co. Ltd. | 700 | 66,566 | |
Hiroshima Bank Ltd. | 5,400 | 33,452 | |
Hisamitsu Pharmaceutical Co., Inc. | 1,700 | 95,972 | |
Hitachi Chemical Co. Ltd. | 1,600 | 25,255 | |
Hitachi Construction Machinery Co. Ltd. | 2,100 | 55,756 | |
Hitachi High-Technologies Corp. | 1,200 | 45,252 | |
Hitachi Ltd. | 18,000 | 550,264 | |
Hitachi Metals Ltd. | 3,200 | 37,776 | |
Hokuhoku Financial Group, Inc. | 2,300 | 28,598 | |
Honda Motor Co. Ltd. | 33,700 | 961,984 | |
Horiba Ltd. | 600 | 28,183 | |
Hoshizaki Corp. | 1,000 | 80,737 | |
House Foods Group, Inc. | 1,500 | 43,205 | |
Hoya Corp. | 7,200 | 409,277 | |
Hulic Co. Ltd. | 9,500 | 87,141 | |
Ibiden Co. Ltd. | 2,300 | 28,415 | |
Idemitsu Kosan Co. Ltd. | 2,100 | 95,848 | |
IHI Corp. | 2,900 | 106,089 | |
Iida Group Holdings Co. Ltd. | 3,400 | 61,892 | |
Industrial & Infrastructure Fund Investment Corp. | 25 | 25,103 | |
INPEX Corp. | 20,300 | 231,148 | |
Invincible Investment Corp. | 79 | 32,696 | |
Isetan Mitsukoshi Holdings Ltd. | 7,600 | 88,823 | |
Isuzu Motors Ltd. | 11,800 | 154,704 | |
IT Holdings Corp. | 1,800 | 80,720 | |
ITO EN Ltd. | 1,300 | 55,417 | |
Itochu Corp. | 29,500 | 547,106 | |
ITOCHU Techno-Solutions Corp. | 1,400 | 26,552 | |
Itoham Yonekyu Holdings, Inc. | 2,200 | 13,843 | |
Iyo Bank Ltd. | 5,800 | 34,491 | |
Izumi Co. Ltd. | 1,000 | 54,416 | |
J. Front Retailing Co. Ltd. | 5,300 | 69,453 | |
JAFCO Co. Ltd. | 800 | 30,912 | |
Japan Airlines Co. Ltd. | 7,000 | 249,205 | |
Japan Airport Terminal Co. Ltd. | 1,400 | 53,849 | |
Japan Excellent, Inc. | 26 | 33,734 | |
Japan Exchange Group, Inc. | 10,300 | 184,941 | |
Japan Hotel REIT Investment Corp. | 76 | 54,086 | |
Japan Logistics Fund, Inc. | 15 | 29,938 | |
Japan Prime Realty Investment Corp. | 17 | 60,717 | |
Japan Real Estate Investment Corp. | 23 | 118,633 | |
Japan Retail Fund Investment Corp. | 47 | 86,806 | |
Japan Steel Works Ltd. | 1,400 | 29,585 | |
Japan Tobacco, Inc. | 20,600 | 529,324 | |
JFE Holdings, Inc. | 10,800 | 202,949 | |
JGC Corp. | 5,000 | 96,784 | |
Joyful Honda Co. Ltd. | 1,400 | 20,212 | |
JSR Corp. | 4,200 | 62,757 | |
JTEKT Corp. | 4,200 | 52,255 | |
JX Holdings, Inc. | 38,200 | 258,117 | |
K's Holdings Corp. | 3,200 | 40,441 | |
Kagome Co. Ltd. | 1,500 | 40,014 | |
Kajima Corp. | 9,600 | 123,615 | |
Kakaku.com, Inc. | 2,600 | 47,168 | |
Kaken Pharmaceutical Co. Ltd. | 1,000 | 50,162 | |
Kamigumi Co. Ltd. | 2,600 | 53,781 | |
Kaneka Corp. | 1,400 | 58,563 | |
Kansai Electric Power Co., Inc. | 15,200 | 232,644 | |
Kansai Paint Co. Ltd. | 5,500 | 81,451 | |
Kao Corp. | 9,400 | 625,309 | |
Kawasaki Heavy Industries Ltd. | 2,800 | 66,356 | |
Kawasaki Kisen Kaisha Ltd. (a) | 1,700 | 22,653 | |
KDDI Corp. | 33,600 | 813,115 | |
Keihan Electric Railway Co., Ltd. | 1,900 | 72,070 | |
Keihin Electric Express Railway Co. Ltd. | 5,400 | 79,970 | |
Keio Corp. | 2,300 | 124,922 | |
Keisei Electric Railway Co. | 3,300 | 101,700 | |
Kenedix Office Investment Corp. | 7 | 43,364 | |
Kewpie Corp. | 2,500 | 57,673 | |
Keyence Corp. | 1,600 | 784,154 | |
Kikkoman Corp. | 3,700 | 202,713 | |
Kinden Corp. | 2,400 | 38,499 | |
Kintetsu Group Holdings Co. Ltd. | 3,500 | 134,311 | |
Kirin Holdings Co. Ltd. | 17,200 | 410,436 | |
Kobayashi Pharmaceutical Co. Ltd. | 1,100 | 72,141 | |
Kobe Steel Ltd. | 7,300 | 58,694 | |
Koito Manufacturing Co. Ltd. | 2,500 | 119,201 | |
Kokuyo Co. Ltd. | 2,100 | 33,202 | |
Komatsu Ltd. | 18,200 | 473,973 | |
Konami Holdings Corp. | 1,700 | 64,855 | |
Konica Minolta, Inc. | 9,700 | 96,014 | |
Kose Corp. | 600 | 89,706 | |
Kubota Corp. | 22,100 | 348,888 | |
Kuraray Co. Ltd. | 7,100 | 97,522 | |
Kurita Water Industries Ltd. | 2,200 | 54,262 | |
Kyocera Corp. | 6,700 | 362,623 | |
Kyowa Exeo Corp. | 1,900 | 51,190 | |
Kyowa Hakko Kirin Co., Ltd. | 5,300 | 102,644 | |
Kyudenko Corp. | 800 | 29,175 | |
Kyushu Electric Power Co., Inc. | 8,900 | 103,643 | |
Kyushu Financial Group, Inc. | 8,900 | 39,359 | |
Kyushu Railway Co. | 2,900 | 88,926 | |
Lawson, Inc. | 1,000 | 63,278 | |
Leopalace21 Corp. | 5,200 | 21,706 | |
LINE Corp. (a) | 700 | 22,317 | |
Lion Corp. | 5,800 | 108,973 | |
LIXIL Group Corp. | 5,600 | 88,341 | |
M3, Inc. | 7,100 | 114,395 | |
Mabuchi Motor Co. Ltd. | 900 | 32,065 | |
Maeda Corp. | 3,100 | 35,057 | |
Makita Corp. | 5,300 | 183,423 | |
Marubeni Corp. | 27,100 | 219,746 | |
Marui Group Co. Ltd. | 4,700 | 101,199 | |
Maruichi Steel Tube Ltd. | 1,600 | 46,227 | |
Matsumotokiyoshi Holdings Co. Ltd. | 1,900 | 68,534 | |
Mazda Motor Corp. | 11,500 | 122,488 | |
McDonald's Holdings Co. (Japan) Ltd. | 1,200 | 52,856 | |
Mebuki Financial Group, Inc. | 20,400 | 62,374 | |
Medipal Holdings Corp. | 3,800 | 81,601 | |
Meiji Holdings Co. Ltd. | 2,900 | 192,414 | |
Minebea Mitsumi, Inc. | 8,400 | 128,503 | |
Miraca Holdings, Inc. | 800 | 19,498 | |
Misumi Group, Inc. | 5,200 | 104,429 | |
Mitsubishi Chemical Holdings Corp. | 28,600 | 222,948 | |
Mitsubishi Corp. | 29,700 | 835,916 | |
Mitsubishi Electric Corp. | 40,500 | 512,707 | |
Mitsubishi Estate Co. Ltd. | 26,100 | 417,125 | |
Mitsubishi Gas Chemical Co., Inc. | 4,400 | 74,129 | |
Mitsubishi Heavy Industries Ltd. | 6,200 | 218,561 | |
Mitsubishi Logistics Corp. | 1,600 | 36,681 | |
Mitsubishi Materials Corp. | 2,500 | 69,212 | |
Mitsubishi Motors Corp. of Japan | 14,400 | 90,450 | |
Mitsubishi Tanabe Pharma Corp. | 4,200 | 62,087 | |
Mitsubishi UFJ Financial Group, Inc. | 265,300 | 1,605,726 | |
Mitsubishi UFJ Lease & Finance Co. Ltd. | 10,900 | 56,125 | |
Mitsui & Co. Ltd. | 33,300 | 556,397 | |
Mitsui Chemicals, Inc. | 4,100 | 91,939 | |
Mitsui Fudosan Co. Ltd. | 18,600 | 418,914 | |
Mitsui Mining & Smelting Co. Ltd. | 1,300 | 36,832 | |
Mitsui OSK Lines Ltd. | 1,900 | 46,179 | |
Miura Co. Ltd. | 2,300 | 56,361 | |
mixi, Inc. | 500 | 10,927 | |
Mizuho Financial Group, Inc. | 462,900 | 794,968 | |
MonotaRO Co. Ltd. | 2,400 | 52,984 | |
Mori Hills REIT Investment Corp. | 28 | 34,642 | |
Morinaga & Co. Ltd. | 1,000 | 40,191 | |
Morinaga Milk Industry Co. Ltd. | 1,000 | 26,676 | |
MS&AD Insurance Group Holdings, Inc. | 9,500 | 285,354 | |
Murata Manufacturing Co. Ltd. | 4,000 | 608,499 | |
Nabtesco Corp. | 2,100 | 46,305 | |
Nachi-Fujikoshi Corp. | 500 | 20,406 | |
Nagase & Co. Ltd. | 1,900 | 29,872 | |
Nagoya Railroad Co. Ltd. | 3,100 | 74,893 | |
Nankai Electric Railway Co. Ltd. | 2,400 | 58,726 | |
NEC Corp. | 4,700 | 134,915 | |
New Hampshire Foods Ltd. | 2,000 | 68,972 | |
Nexon Co. Ltd. (a) | 6,500 | 74,082 | |
NGK Insulators Ltd. | 5,500 | 77,407 | |
NGK Spark Plug Co. Ltd. | 3,600 | 73,126 | |
NHK Spring Co. Ltd. | 3,700 | 31,808 | |
Nichias Corp. | 1,000 | 21,837 | |
Nichirei Corp. | 3,000 | 72,054 | |
Nidec Corp. | 5,200 | 667,772 | |
Nifco, Inc. | 1,700 | 38,735 | |
Nihon Kohden Corp. | 1,600 | 47,787 | |
Nihon M&A Center, Inc. | 2,600 | 62,376 | |
Nihon Parkerizing Co. Ltd. | 2,100 | 25,367 | |
Nihon Unisys Ltd. | 1,200 | 26,300 | |
Nikkon Holdings Co. Ltd. | 1,100 | 26,614 | |
Nikon Corp. | 7,700 | 134,231 | |
Nintendo Co. Ltd. | 2,300 | 718,067 | |
Nippon Accommodations Fund, Inc. | 9 | 41,237 | |
Nippon Building Fund, Inc. | 26 | 148,624 | |
Nippon Electric Glass Co. Ltd. | 1,300 | 32,754 | |
Nippon Express Co. Ltd. | 1,800 | 113,595 | |
Nippon Gas Co. Ltd. | 700 | 21,186 | |
Nippon Kayaku Co. Ltd. | 3,800 | 45,224 | |
Nippon Light Metal Holding Co. Ltd. | 7,800 | 16,447 | |
Nippon Paint Holdings Co. Ltd. | 3,700 | 115,917 | |
Nippon Paper Industries Co. Ltd. | 2,400 | 43,483 | |
Nippon Prologis REIT, Inc. | 34 | 68,582 | |
Nippon Shinyaku Co. Ltd. | 1,300 | 75,003 | |
Nippon Shokubai Co. Ltd. | 600 | 38,711 | |
Nippon Steel & Sumitomo Metal Corp. | 16,900 | 311,740 | |
Nippon Suisan Kaisha Co. Ltd. | 6,800 | 43,436 | |
Nippon Telegraph & Telephone Corp. | 26,000 | 1,072,204 | |
Nippon Yusen KK | 3,100 | 49,990 | |
Nipro Corp. | 2,300 | 29,312 | |
Nishi-Nippon Financial Holdings, Inc. | 2,600 | 24,794 | |
Nishi-Nippon Railroad Co. Ltd. | 1,600 | 39,576 | |
Nissan Chemical Corp. | 2,900 | 136,739 | |
Nissan Motor Co. Ltd. | 44,200 | 402,121 | |
Nisshin Seifun Group, Inc. | 5,100 | 101,480 | |
Nisshinbo Holdings, Inc. | 3,500 | 38,530 | |
Nissin Food Holdings Co. Ltd. | 1,800 | 116,294 | |
Nitori Holdings Co. Ltd. | 1,600 | 208,942 | |
Nitto Denko Corp. | 3,100 | 193,673 | |
NKSJ Holdings, Inc. | 7,800 | 321,715 | |
NOF Corp. | 1,900 | 53,968 | |
NOK Corp. | 2,800 | 40,300 | |
Nomura Holdings, Inc. | 66,300 | 318,370 | |
Nomura Real Estate Holdings, Inc. | 2,700 | 50,705 | |
Nomura Real Estate Master Fund, Inc. | 77 | 99,837 | |
Nomura Research Institute Ltd. | 2,600 | 115,212 | |
NSK Ltd. | 9,600 | 94,847 | |
NTN Corp. | 9,300 | 34,016 | |
NTT Data Corp. | 12,100 | 155,346 | |
NTT DOCOMO, Inc. | 23,900 | 592,692 | |
Obayashi Corp. | 14,000 | 123,595 | |
OBIC Co. Ltd. | 1,300 | 118,438 | |
Odakyu Electric Railway Co. Ltd. | 5,900 | 124,730 | |
Oji Holdings Corp. | 17,700 | 125,690 | |
Okuma Corp. | 700 | 34,951 | |
Okumura Corp. | 700 | 22,054 | |
Olympus Corp. | 6,100 | 203,324 | |
OMRON Corp. | 4,200 | 170,479 | |
Ono Pharmaceutical Co. Ltd. | 10,400 | 237,061 | |
Open House Co. Ltd. | 500 | 19,653 | |
Oracle Corp. Japan | 600 | 40,732 | |
Oriental Land Co. Ltd. | 4,300 | 404,524 | |
ORIX Corp. | 24,500 | 399,739 | |
ORIX JREIT, Inc. | 47 | 71,894 | |
Osaka Gas Co. Ltd. | 7,800 | 142,631 | |
OSG Corp. | 1,900 | 39,302 | |
Otsuka Corp. | 2,100 | 69,792 | |
Otsuka Holdings Co. Ltd. | 10,700 | 511,759 | |
Panasonic Corp. | 43,400 | 465,745 | |
Park24 Co. Ltd. | 1,700 | 44,762 | |
Penta-Ocean Construction Co. Ltd. | 4,800 | 28,757 | |
PeptiDream, Inc. (a) | 1,600 | 52,537 | |
Pigeon Corp. | 2,300 | 97,638 | |
Pilot Corp. | 600 | 33,181 | |
Pola Orbis Holdings, Inc. | 1,700 | 45,500 | |
Rakuten, Inc. | 17,200 | 116,341 | |
Recruit Holdings Co. Ltd. | 26,100 | 700,513 | |
Relo Group, Inc. | 2,400 | 56,706 | |
Rengo Co. Ltd. | 4,600 | 40,074 | |
Resona Holdings, Inc. | 41,500 | 218,291 | |
Resorttrust, Inc. | 2,100 | 32,328 | |
Ricoh Co. Ltd. | 14,100 | 140,750 | |
Rinnai Corp. | 700 | 50,995 | |
ROHM Co. Ltd. | 1,800 | 126,663 | |
Rohto Pharmaceutical Co. Ltd. | 2,300 | 72,974 | |
Ryohin Keikaku Co. Ltd. | 500 | 132,096 | |
Sankyu, Inc. | 1,200 | 56,791 | |
Santen Pharmaceutical Co. Ltd. | 8,300 | 123,211 | |
Sanwa Holdings Corp. | 4,600 | 54,017 | |
Sapporo Breweries Ltd. | 1,700 | 31,536 | |
Sawai Pharmaceutical Co. Ltd. | 600 | 30,469 | |
SBI Holdings, Inc. Japan | 3,900 | 102,343 | |
Screen Holdings Co. Ltd. | 1,100 | 59,799 | |
SCSK Corp. | 1,100 | 46,648 | |
Secom Co. Ltd. | 3,900 | 319,299 | |
Sega Sammy Holdings, Inc. | 4,100 | 52,797 | |
Seibu Holdings, Inc. | 5,500 | 99,778 | |
Seiko Epson Corp. | 6,100 | 98,279 | |
Seino Holdings Co. Ltd. | 3,500 | 48,513 | |
Sekisui Chemical Co. Ltd. | 8,900 | 139,848 | |
Sekisui House Ltd. | 12,300 | 180,527 | |
Seria Co. Ltd. | 700 | 23,605 | |
Seven & i Holdings Co. Ltd. | 14,800 | 640,840 | |
Seven Bank Ltd. | 13,300 | 41,609 | |
SG Holdings Co. Ltd. | 1,300 | 32,766 | |
Sharp Corp. | 3,300 | 50,625 | |
Shikoku Electric Power Co., Inc. | 4,200 | 52,856 | |
Shima Seiki Manufacturing Ltd. | 500 | 13,515 | |
Shimadzu Corp. | 5,300 | 134,009 | |
Shimamura Co. Ltd. | 500 | 42,053 | |
SHIMANO, Inc. | 1,600 | 218,939 | |
SHIMIZU Corp. | 14,100 | 114,455 | |
Shin-Etsu Chemical Co. Ltd. | 7,600 | 635,060 | |
Shinsei Bank Ltd. | 4,400 | 67,025 | |
Shionogi & Co. Ltd. | 5,800 | 370,874 | |
Shiseido Co. Ltd. | 7,500 | 473,216 | |
Shizuoka Bank Ltd. | 11,900 | 104,113 | |
SHO-BOND Holdings Co. Ltd. | 500 | 35,627 | |
Shochiku Co. Ltd. | 300 | 29,273 | |
Showa Denko K.K. | 2,700 | 117,568 | |
Showa Shell Sekiyu K.K. | 3,700 | 70,619 | |
Skylark Co. Ltd. | 2,400 | 37,393 | |
SMC Corp. | 1,300 | 416,493 | |
SoftBank Corp. | 17,100 | 1,353,274 | |
Sohgo Security Services Co., Ltd. | 1,400 | 62,410 | |
Sojitz Corp. | 26,900 | 90,464 | |
Sony Corp. | 23,500 | 1,271,744 | |
Sony Financial Holdings, Inc. | 3,300 | 76,129 | |
Sosei Group Corp. (a) | 700 | 5,441 | |
Sotetsu Holdings, Inc. | 1,600 | 48,992 | |
Square Enix Holdings Co. Ltd. | 1,700 | 60,943 | |
Stanley Electric Co. Ltd. | 3,000 | 88,935 | |
Subaru Corp. | 12,000 | 323,696 | |
Sugi Holdings Co. Ltd. | 700 | 32,073 | |
Sumco Corp. | 3,400 | 45,890 | |
Sumitomo Chemical Co. Ltd. | 32,600 | 163,306 | |
Sumitomo Corp. | 23,300 | 353,384 | |
Sumitomo Electric Industries Ltd. | 14,800 | 201,836 | |
Sumitomo Forestry Co. Ltd. | 3,100 | 46,128 | |
Sumitomo Heavy Industries Ltd. | 2,500 | 78,627 | |
Sumitomo Metal Mining Co. Ltd. | 5,300 | 166,876 | |
Sumitomo Mitsui Financial Group, Inc. | 26,200 | 1,020,100 | |
Sumitomo Mitsui Trust Holdings, Inc. | 7,300 | 290,055 | |
Sumitomo Osaka Cement Co. Ltd. | 700 | 26,007 | |
Sumitomo Realty & Development Co. Ltd. | 9,000 | 309,241 | |
Sumitomo Rubber Industries Ltd. | 3,800 | 54,726 | |
Sundrug Co. Ltd. | 1,000 | 36,336 | |
Suntory Beverage & Food Ltd. | 2,400 | 97,948 | |
Suzuken Co. Ltd. | 1,700 | 86,179 | |
Suzuki Motor Corp. | 8,400 | 418,880 | |
Sysmex Corp. | 3,100 | 217,702 | |
T&D Holdings, Inc. | 12,300 | 196,624 | |
Tadano Ltd. | 2,700 | 29,145 | |
Taiheiyo Cement Corp. | 2,100 | 61,796 | |
Taisei Corp. | 4,300 | 183,904 | |
Taisho Pharmaceutical Holdings Co. Ltd. | 1,100 | 117,375 | |
Taiyo Nippon Sanso Corp. | 3,500 | 56,361 | |
Taiyo Yuden Co. Ltd. | 2,100 | 42,288 | |
Takara Holdings, Inc. | 4,100 | 57,517 | |
Takashimaya Co. Ltd. | 3,800 | 59,803 | |
Takeda Pharmaceutical Co. Ltd. | 14,000 | 580,434 | |
TDK Corp. | 2,500 | 215,575 | |
TechnoPro Holdings, Inc. | 600 | 31,373 | |
Teijin Ltd. | 3,900 | 67,613 | |
Temp Holdings Co., Ltd. | 3,100 | 59,014 | |
Terumo Corp. | 6,400 | 345,484 | |
The Chugoku Bank Ltd. | 3,600 | 32,479 | |
The Hachijuni Bank Ltd. | 8,800 | 37,279 | |
The Suruga Bank Ltd. | 2,600 | 12,282 | |
THK Co. Ltd. | 2,600 | 57,629 | |
Toagosei Co. Ltd. | 3,400 | 34,954 | |
Tobu Railway Co. Ltd. | 4,100 | 114,032 | |
Toda Corp. | 4,200 | 28,326 | |
Toho Co. Ltd. | 2,800 | 91,351 | |
Toho Gas Co. Ltd. | 2,000 | 69,127 | |
Tohoku Electric Power Co., Inc. | 9,400 | 118,963 | |
Tokai Carbon Co. Ltd. | 4,400 | 68,890 | |
Tokai Tokyo Financial Holdings | 4,100 | 21,184 | |
Tokio Marine Holdings, Inc. | 14,100 | 664,281 | |
Tokuyama Corp. | 1,400 | 31,306 | |
Tokyo Century Corp. | 1,100 | 58,980 | |
Tokyo Electric Power Co., Inc. (a) | 14,500 | 74,214 | |
Tokyo Electron Ltd. | 3,100 | 418,341 | |
Tokyo Gas Co. Ltd. | 7,500 | 184,447 | |
Tokyo Ohka Kogyo Co. Ltd. | 1,000 | 26,853 | |
Tokyo Seimitsu Co. Ltd. | 400 | 9,625 | |
Tokyo Tatemono Co. Ltd. | 4,400 | 47,323 | |
Tokyu Corp. | 11,000 | 181,725 | |
Tokyu Fudosan Holdings Corp. | 10,600 | 59,724 | |
Topcon Corp. | 1,900 | 27,649 | |
Toppan Printing Co. Ltd. | 6,300 | 89,066 | |
Toray Industries, Inc. | 30,900 | 219,183 | |
Toshiba Corp. (a) | 7,600 | 227,660 | |
Tosoh Corp. | 6,600 | 86,894 | |
Toto Ltd. | 3,100 | 110,906 | |
Toyo Seikan Group Holdings Ltd. | 3,300 | 67,326 | |
Toyo Suisan Kaisha Ltd. | 1,900 | 65,503 | |
Toyo Tire & Rubber Co. Ltd. | 2,300 | 38,525 | |
Toyobo Co. Ltd. | 2,100 | 29,848 | |
Toyoda Gosei Co. Ltd. | 1,100 | 23,738 | |
Toyota Boshoku Corp. | 1,300 | 21,741 | |
Toyota Industries Corp. | 3,900 | 191,829 | |
Toyota Motor Corp. | 55,200 | 3,233,670 | |
Toyota Tsusho Corp. | 4,500 | 162,399 | |
Trend Micro, Inc. | 2,200 | 126,645 | |
TS tech Co. Ltd. | 1,000 | 28,803 | |
Tsumura & Co. | 1,400 | 43,674 | |
Tsuruha Holdings, Inc. | 800 | 83,378 | |
Ube Industries Ltd. | 2,000 | 43,565 | |
Ulvac, Inc. | 900 | 29,392 | |
Unicharm Corp. | 8,300 | 225,972 | |
United Urban Investment Corp. | 53 | 80,744 | |
Ushio, Inc. | 1,700 | 20,596 | |
USS Co. Ltd. | 4,500 | 81,238 | |
Wacoal Holdings Corp. | 1,400 | 38,587 | |
Welcia Holdings Co. Ltd. | 1,000 | 51,048 | |
West Japan Railway Co. | 3,600 | 242,128 | |
Yahoo! Japan Corp. | 21,600 | 67,388 | |
Yakult Honsha Co. Ltd. | 3,100 | 220,065 | |
Yamada Denki Co. Ltd. | 11,600 | 54,692 | |
Yamaguchi Financial Group, Inc. | 4,800 | 50,750 | |
Yamaha Corp. | 3,400 | 149,411 | |
Yamaha Motor Co. Ltd. | 5,900 | 139,534 | |
Yamato Holdings Co. Ltd. | 7,800 | 213,240 | |
Yamazaki Baking Co. Ltd. | 3,500 | 63,154 | |
Yaskawa Electric Corp. | 5,200 | 150,299 | |
Yokogawa Electric Corp. | 4,600 | 90,317 | |
Yokohama Rubber Co. Ltd. | 2,800 | 54,240 | |
Zenkoku Hosho Co. Ltd. | 1,000 | 36,248 | |
Zeon Corp. | 3,600 | 34,872 | |
Zozo, Inc. | 3,300 | 79,521 | |
TOTAL JAPAN | 74,648,981 | ||
Korea (South) - 3.5% | |||
AMOREPACIFIC Corp. | 638 | 85,551 | |
AMOREPACIFIC Group, Inc. | 563 | 30,642 | |
BGF Retail Co. Ltd. | 159 | 23,481 | |
BS Financial Group, Inc. | 5,926 | 39,420 | |
Bukwang Pharmaceutical Co. Ltd. | 422 | 8,248 | |
Cafe24 Corp. (a) | 74 | 7,167 | |
Celltrion Healthcare Co. Ltd. | 950 | 53,037 | |
Celltrion Pharm, Inc. | 165 | 7,737 | |
Celltrion, Inc. (a) | 1,938 | 369,426 | |
CHA Biotech Co. Ltd. (a) | 462 | 7,430 | |
Cheil Industries, Inc. | 1,916 | 182,196 | |
Cheil Worldwide, Inc. | 888 | 17,667 | |
Chong Kun Dang Pharmaceutical Corp. | 136 | 10,334 | |
CJ CGV Co. Ltd. | 28 | 990 | |
CJ CheilJedang Corp. | 142 | 40,323 | |
CJ Corp. | 325 | 31,047 | |
Com2uS Corp. | 203 | 22,791 | |
Cosmax, Inc. | 156 | 15,723 | |
Coway Co. Ltd. | 1,072 | 66,049 | |
Daelim Industrial Co. | 471 | 31,372 | |
Daewoo Engineering & Construction Co. Ltd. (a) | 2,048 | 8,122 | |
Daewoong Pharmaceutical Co. Ltd. | 70 | 8,650 | |
Db Insurance Co. Ltd. | 1,060 | 66,703 | |
DGB Financial Group Co. Ltd. | 4,145 | 34,148 | |
Dong Suh Companies, Inc. | 539 | 8,810 | |
Doosan Bobcat, Inc. | 341 | 10,520 | |
Doosan Co. Ltd. | 357 | 37,390 | |
Doosan Heavy Industries & Construction Co. Ltd. (a) | 232 | 2,226 | |
Doosan Infracore Co. Ltd. (a) | 3,974 | 26,818 | |
DuzonBizon Co. Ltd. | 214 | 8,131 | |
E-Mart Co. Ltd. | 419 | 75,097 | |
EO Technics Co. Ltd. | 27 | 1,156 | |
Fila Korea Ltd. | 822 | 30,294 | |
G-treeBNT Co. Ltd. (a) | 97 | 1,883 | |
Genexine Co. Ltd. (a) | 120 | 7,814 | |
Grand Korea Leisure Co. Ltd. | 426 | 8,307 | |
Green Cross Corp. | 66 | 6,912 | |
Green Cross Holdings Corp. | 401 | 7,293 | |
GS Engineering & Construction Corp. | 1,252 | 45,812 | |
GS Holdings Corp. | 1,090 | 46,332 | |
GS Retail Co. Ltd. | 317 | 9,974 | |
Hana Financial Group, Inc. | 5,792 | 194,420 | |
Hana Tour Service, Inc. | 106 | 5,518 | |
HanAll BioPharma Co. Ltd. (a) | 434 | 9,015 | |
Hanjin Kal Corp. | 643 | 10,876 | |
Hankook Tire Co. Ltd. | 1,255 | 45,536 | |
Hanmi Pharm Co. Ltd. | 112 | 38,233 | |
Hanmi Science Co. Ltd. | 637 | 37,237 | |
Hanon Systems | 2,454 | 23,551 | |
Hanssem Co. Ltd. | 135 | 5,780 | |
Hanwha Aerospace Co. Ltd. (a) | 884 | 22,042 | |
Hanwha Chemical Corp. | 2,334 | 33,036 | |
Hanwha Corp. | 1,437 | 35,390 | |
Hanwha Life Insurance Co. Ltd. | 3,421 | 13,447 | |
HDC Hyundai Development Co. (a) | 830 | 32,007 | |
HLB, Inc. (a) | 582 | 44,173 | |
Hotel Shilla Co. | 770 | 48,117 | |
HUGEL, Inc. (a) | 23 | 5,531 | |
Hyosung Advanced Materials Co. (a) | 11 | 1,007 | |
Hyosung Chemical Co. Ltd. (a) | 10 | 1,139 | |
Hyosung Corp. | 37 | 1,664 | |
Hyosung Heavy Industries Co. Ltd. (a) | 33 | 1,225 | |
Hyosung TNC Co. Ltd. (a) | 9 | 1,376 | |
Hyundai Construction Equipment Co. Ltd. | 148 | 9,650 | |
Hyundai Department Store Co. Ltd. | 458 | 34,802 | |
Hyundai Elevator Co. Ltd. | 220 | 15,367 | |
Hyundai Engineering & Construction Co. Ltd. | 1,457 | 58,420 | |
Hyundai Fire & Marine Insurance Co. Ltd. | 1,084 | 39,712 | |
Hyundai Glovis Co. Ltd. | 333 | 33,271 | |
Hyundai Greenfood Co. Ltd. | 564 | 6,105 | |
Hyundai Heavy Industries Co. Ltd. (a) | 962 | 104,968 | |
Hyundai Industrial Development & Construction Co. | 92 | 1,355 | |
Hyundai Merchant Marine Co. Ltd. (a) | 4,077 | 13,507 | |
Hyundai Mipo Dockyard Co. Ltd. (a) | 115 | 9,474 | |
Hyundai Mobis | 1,342 | 223,471 | |
Hyundai Motor Co. | 2,433 | 227,094 | |
Hyundai Robotics Co. Ltd. (a) | 212 | 66,238 | |
Hyundai Steel Co. | 1,807 | 66,119 | |
Hyundai Wia Corp. | 73 | 1,894 | |
Industrial Bank of Korea | 4,579 | 59,595 | |
ING Life Insurance Korea Ltd. (b) | 312 | 8,381 | |
JB Financial Group Co. Ltd. | 4,677 | 22,504 | |
Kakao Corp. | 823 | 66,071 | |
Kangwon Land, Inc. | 2,081 | 52,344 | |
KB Financial Group, Inc. | 8,018 | 333,479 | |
KCC Corp. | 118 | 25,544 | |
KEPCO Plant Service & Engineering Co. Ltd. | 71 | 1,711 | |
Kia Motors Corp. | 5,321 | 132,442 | |
Kiwoom Securities Co. Ltd. | 283 | 18,726 | |
Koh Young Technology, Inc. | 112 | 8,854 | |
Kolmar Korea Co. Ltd. | 161 | 7,648 | |
Kolon Industries, Inc. | 188 | 8,271 | |
Komipharm International Co. Ltd. (a) | 488 | 9,110 | |
Korea Aerospace Industries Ltd. (a) | 1,340 | 33,999 | |
Korea Electric Power Corp. | 6,201 | 147,932 | |
Korea Express Co. Ltd. (a) | 198 | 27,505 | |
Korea Gas Corp. (a) | 828 | 37,808 | |
Korea Investment Holdings Co. Ltd. | 798 | 41,474 | |
Korea Petro Chemical Industries Co. Ltd. | 48 | 6,563 | |
Korea Zinc Co. Ltd. | 271 | 90,017 | |
Korean Air Lines Co. Ltd. | 1,779 | 42,799 | |
Korean Reinsurance Co. | 1,263 | 10,726 | |
KT&G Corp. | 2,460 | 218,834 | |
Kumho Petro Chemical Co. Ltd. | 285 | 21,506 | |
LG Chemical Ltd. | 801 | 243,599 | |
LG Corp. | 2,650 | 153,983 | |
LG Display Co. Ltd. | 4,707 | 68,595 | |
LG Electronics, Inc. | 2,145 | 119,000 | |
LG Household & Health Care Ltd. | 166 | 151,888 | |
LG Innotek Co. Ltd. | 244 | 26,517 | |
LG International Corp. | 404 | 5,541 | |
LG Telecom Ltd. | 5,690 | 80,538 | |
Lotte Chemical Corp. | 321 | 73,850 | |
Lotte Confectionery Co. Ltd. (a) | 235 | 9,793 | |
Lotte Fine Chemical Co. Ltd. | 192 | 6,857 | |
Lotte Shopping Co. Ltd. | 280 | 47,485 | |
LS Cable Ltd. | 505 | 22,351 | |
LS Industrial Systems Ltd. | 163 | 7,021 | |
Mando Corp. | 315 | 8,434 | |
Medipost Co. Ltd. (a) | 81 | 5,551 | |
Medy-Tox, Inc. | 68 | 27,796 | |
Meritz Fire & Marine Insurance Co. Ltd. | 1,490 | 23,767 | |
Meritz Securities Co. Ltd. | 4,710 | 16,388 | |
Mirae Asset Daewoo Co. Ltd. | 8,691 | 48,977 | |
Naturecell Co. Ltd. (a) | 299 | 3,774 | |
NAVER Corp. | 2,762 | 277,168 | |
NCSOFT Corp. | 338 | 127,231 | |
Netmarble Corp. (b) | 802 | 78,724 | |
NHN Entertainment Corp. (a) | 26 | 1,045 | |
Nong Shim Co. Ltd. | 43 | 8,216 | |
Oci Co. Ltd. | 303 | 22,625 | |
Orion Corp./Republic of Korea | 360 | 30,005 | |
Ottogi Corp. | 50 | 28,878 | |
Paradise Co. Ltd. | 526 | 8,252 | |
Pearl Abyss Corp. (a) | 128 | 23,065 | |
Poongsan Corp. | 57 | 1,206 | |
POSCO | 1,532 | 350,218 | |
POSCO Chemtech Co. Ltd. | 355 | 20,255 | |
Posco Daewoo Corp. | 1,050 | 16,380 | |
S-Oil Corp. | 835 | 90,745 | |
S1 Corp. | 395 | 33,407 | |
Samsung Biologics Co. Ltd. (a)(b) | 320 | 108,677 | |
Samsung Card Co. Ltd. | 361 | 10,646 | |
Samsung Electro-Mechanics Co. Ltd. | 1,148 | 118,724 | |
Samsung Electronics Co. Ltd. | 103,693 | 3,853,272 | |
Samsung Engineering Co. Ltd. (a) | 2,028 | 32,437 | |
Samsung Fire & Marine Insurance Co. Ltd. | 788 | 192,338 | |
Samsung Heavy Industries Co. Ltd. (a) | 5,094 | 31,073 | |
Samsung Life Insurance Co. Ltd. | 1,772 | 142,878 | |
Samsung SDI Co. Ltd. | 1,054 | 217,543 | |
Samsung SDS Co. Ltd. | 771 | 130,077 | |
Samsung Securities Co. Ltd. | 2,065 | 48,413 | |
Seegene, Inc. (a) | 66 | 1,064 | |
Seoul Semiconductor Co. Ltd. | 913 | 16,364 | |
Shinhan Financial Group Co. Ltd. | 9,141 | 340,032 | |
Shinsegae Co. Ltd. | 131 | 29,679 | |
SillaJen, Inc. (a) | 846 | 51,086 | |
SK C&C Co. Ltd. | 682 | 156,304 | |
SK Chemicals Co. Ltd./New (a) | 23 | 1,218 | |
SK Energy Co. Ltd. | 1,190 | 222,669 | |
SK Hynix, Inc. | 10,946 | 654,266 | |
SK Materials Co., Ltd. | 77 | 12,566 | |
SK Networks Co. Ltd. | 1,507 | 5,620 | |
SK Telecom Co. Ltd. | 996 | 233,723 | |
SKC Co. Ltd. | 449 | 13,045 | |
Studio Dragon Corp. | 79 | 6,370 | |
STX Pan Ocean Co. Ltd. (Korea) (a) | 2,228 | 9,314 | |
ViroMed Co. Ltd. (a) | 305 | 49,800 | |
WONIK IPS Co. Ltd. | 122 | 2,032 | |
Woori Bank | 6,782 | 93,617 | |
Woori Investment & Securities Co. Ltd. | 3,136 | 33,394 | |
Young Poong Corp. | 2 | 1,152 | |
Yuhan Corp. | 234 | 34,351 | |
YUNGJIN Pharmaceutical Co. Ltd. (a) | 994 | 4,809 | |
TOTAL KOREA (SOUTH) | 13,586,311 | ||
Luxembourg - 0.2% | |||
Aperam | 992 | 33,820 | |
ArcelorMittal SA (Netherlands) | 11,820 | 295,070 | |
B&M European Value Retail S.A. | 13,689 | 72,929 | |
Eurofins Scientific SA | 184 | 93,033 | |
Millicom International Cellular SA (depository receipt) | 1,175 | 66,382 | |
PLAY Communications SA (b) | 517 | 2,223 | |
SES SA (France) (depositary receipt) | 7,231 | 155,409 | |
Subsea 7 SA | 5,446 | 68,771 | |
Tenaris SA | 8,795 | 129,468 | |
TOTAL LUXEMBOURG | 917,105 | ||
Malaysia - 0.5% | |||
AirAsia Group BHD | 56,700 | 35,637 | |
AMMB Holdings Bhd | 16,800 | 15,256 | |
Astro Malaysia Holdings Bhd (b) | 21,600 | 6,969 | |
Axiata Group Bhd | 54,700 | 44,576 | |
British American Tobacco (Malaysia) Bhd | 2,700 | 20,067 | |
Bumiputra-Commerce Holdings Bhd | 92,348 | 126,235 | |
Bursa Malaysia Bhd | 7,100 | 12,420 | |
Dialog Group Bhd | 63,700 | 51,605 | |
DiGi.com Bhd | 38,600 | 39,758 | |
Gamuda Bhd | 28,200 | 16,107 | |
Genting Bhd | 42,300 | 74,198 | |
Genting Malaysia Bhd | 65,000 | 69,745 | |
Hartalega Holdings Bhd | 21,600 | 32,314 | |
Hong Leong Bank Bhd | 10,500 | 51,942 | |
IHH Healthcare Bhd (b) | 55,600 | 66,436 | |
IJM Corp. Bhd | 24,500 | 9,544 | |
IOI Corp. Bhd | 55,200 | 59,362 | |
IOI Properties Group Bhd | 22,800 | 7,138 | |
Kuala Lumpur Kepong Bhd | 8,500 | 50,620 | |
Lotte Chemical Titan Holding BHD | 8,800 | 9,043 | |
Malayan Banking Bhd | 81,372 | 184,543 | |
Malaysia Airports Holdings Bhd | 13,000 | 25,786 | |
Maxis Bhd | 25,000 | 31,246 | |
MISC Bhd | 28,200 | 41,109 | |
My E.G.Services Bhd | 22,900 | 6,567 | |
Nestle (Malaysia) BHD | 700 | 24,055 | |
Petronas Chemicals Group Bhd | 34,500 | 77,088 | |
Petronas Dagangan Bhd | 4,000 | 24,854 | |
Petronas Gas Bhd | 7,100 | 31,016 | |
PPB Group Bhd | 11,400 | 45,660 | |
Press Metal Bhd | 44,600 | 51,587 | |
Public Bank Bhd | 44,600 | 262,196 | |
RHB Capital Bhd | 24,900 | 31,121 | |
Sime Darby Bhd | 255,300 | 134,224 | |
Sime Darby Plantation Bhd | 56,500 | 71,022 | |
Sime Darby Property Bhd | 33,700 | 7,852 | |
Telekom Malaysia Bhd | 31,500 | 17,916 | |
Tenaga Nasional Bhd | 51,200 | 179,864 | |
Top Glove Corp. Bhd | 24,600 | 34,920 | |
YTL Corp. Bhd | 111,700 | 28,295 | |
TOTAL MALAYSIA | 2,109,893 | ||
Malta - 0.0% | |||
Kindred Group PLC (depositary receipt) | 4,463 | 47,609 | |
Mauritius - 0.0% | |||
Golden Agri-Resources Ltd. | 127,300 | 23,435 | |
Mexico - 0.6% | |||
Alfa SA de CV Series A | 64,800 | 68,299 | |
America Movil S.A.B. de CV Series L | 441,600 | 319,788 | |
Banco Santander Mexico SA | 33,065 | 41,231 | |
CEMEX S.A.B. de CV unit (a) | 281,000 | 140,270 | |
Coca-Cola FEMSA S.A.B. de CV Series L | 9,800 | 55,896 | |
Embotelladoras Arca S.A.B. de CV | 6,700 | 33,693 | |
Fibra Uno Administracion SA de CV | 51,400 | 55,238 | |
Fomento Economico Mexicano S.A.B. de CV unit | 40,000 | 340,054 | |
Gruma S.A.B. de CV Series B | 3,840 | 40,076 | |
Grupo Aeroportuario del Pacifico S.A.B. de CV Series B | 7,000 | 57,910 | |
Grupo Aeroportuario del Sureste S.A.B. de CV Series B | 3,885 | 64,575 | |
Grupo Aeroportuario Norte S.A.B. de CV | 5,600 | 29,302 | |
Grupo Bimbo S.A.B. de CV Series A | 22,200 | 41,584 | |
Grupo Carso SA de CV Series A1 | 7,200 | 21,189 | |
Grupo Elektra SA de CV | 1,210 | 51,213 | |
Grupo Financiero Banorte S.A.B. de CV Series O | 45,400 | 249,783 | |
Grupo Financiero Inbursa S.A.B. de CV Series O | 29,500 | 38,238 | |
Grupo Mexico SA de CV Series B | 63,300 | 146,056 | |
Grupo Televisa SA de CV | 46,800 | 134,917 | |
Industrias Penoles SA de CV | 1,250 | 17,618 | |
Infraestructura Energetica Nova S.A.B. de CV | 10,000 | 39,201 | |
Mexichem S.A.B. de CV | 19,000 | 50,191 | |
Promotora y Operadora de Infraestructura S.A.B. de CV | 2,240 | 20,385 | |
Wal-Mart de Mexico SA de CV Series V | 89,900 | 229,604 | |
TOTAL MEXICO | 2,286,311 | ||
Multi-National - 0.0% | |||
HKT Trust/HKT Ltd. unit | 54,000 | 74,369 | |
Netherlands - 2.9% | |||
Aalberts Industries NV | 2,073 | 76,192 | |
ABN AMRO Group NV GDR | 3,842 | 94,431 | |
AEGON NV | 25,876 | 159,086 | |
AerCap Holdings NV (a) | 3,270 | 163,762 | |
Airbus Group NV | 11,228 | 1,240,854 | |
Akzo Nobel NV | 4,703 | 395,679 | |
Altice Europe NV Class A | 8,831 | 21,075 | |
ASML Holding NV (Netherlands) | 8,189 | 1,410,507 | |
Cimpress NV (a) | 617 | 77,119 | |
CNH Industrial NV | 18,590 | 193,420 | |
Euronext NV (b) | 1,399 | 86,280 | |
EXOR NV | 1,767 | 100,150 | |
Ferrari NV | 2,333 | 273,496 | |
Fiat Chrysler Automobiles NV | 20,249 | 308,476 | |
Gemalto NV (a) | 1,412 | 80,541 | |
Heineken Holding NV | 2,143 | 185,686 | |
Heineken NV (Bearer) | 3,887 | 350,448 | |
ING Groep NV (Certificaten Van Aandelen) | 71,930 | 851,004 | |
Interxion Holding N.V. (a) | 1,598 | 94,074 | |
Koninklijke Ahold Delhaize NV | 23,888 | 547,358 | |
Koninklijke DSM NV | 3,440 | 301,497 | |
Koninklijke KPN NV | 84,053 | 221,776 | |
Koninklijke Philips Electronics NV | 17,674 | 659,167 | |
NN Group NV | 5,504 | 236,896 | |
NXP Semiconductors NV | 5,754 | 431,492 | |
QIAGEN NV (Germany) (a) | 4,379 | 159,063 | |
Randstad NV | 2,459 | 124,080 | |
RHI Magnesita NV | 371 | 17,963 | |
STMicroelectronics NV (Italy) | 12,660 | 192,359 | |
Unibail-Rodamco SE & WFD Unibail-Rodamco NV unit | 1,835 | 333,128 | |
Unilever NV (Certificaten Van Aandelen) (Bearer) | 31,945 | 1,716,565 | |
Wolters Kluwer NV | 5,604 | 318,384 | |
X5 Retail Group NV GDR (Reg. S) | 1,728 | 40,608 | |
Yandex NV Series A (a) | 4,541 | 136,820 | |
TOTAL NETHERLANDS | 11,599,436 | ||
New Zealand - 0.2% | |||
Auckland International Airport Ltd. | 16,745 | 76,379 | |
Contact Energy Ltd. | 12,724 | 46,414 | |
Fisher & Paykel Healthcare Corp. | 10,576 | 93,859 | |
Fletcher Building Ltd. | 14,056 | 55,400 | |
Kiwi Property Group Ltd. | 27,988 | 24,017 | |
Mercury Nz Ltd. | 13,461 | 29,866 | |
Meridian Energy Ltd. | 23,101 | 47,259 | |
Ryman Healthcare Group Ltd. | 7,930 | 62,614 | |
SKYCITY Entertainment Group Ltd. | 12,578 | 31,436 | |
Spark New Zealand Ltd. | 35,877 | 92,476 | |
The a2 Milk Co. Ltd. (a) | 13,909 | 94,575 | |
Trade Maine Group Ltd. | 8,433 | 26,689 | |
Z Energy Ltd. | 6,464 | 25,730 | |
TOTAL NEW ZEALAND | 706,714 | ||
Norway - 0.6% | |||
Aker ASA (A Shares) | 512 | 38,932 | |
Aker Bp ASA | 1,634 | 53,886 | |
DNB ASA | 17,123 | 309,867 | |
Entra ASA (b) | 1,906 | 25,821 | |
Equinor ASA | 19,389 | 504,402 | |
Gjensidige Forsikring ASA | 3,658 | 56,672 | |
Leroy Seafood Group ASA | 3,607 | 33,238 | |
Marine Harvest ASA | 7,067 | 171,020 | |
Norsk Hydro ASA | 25,926 | 134,585 | |
Norwegian Finans Holding ASA (a) | 2,051 | 18,333 | |
Orkla ASA | 15,443 | 133,256 | |
Salmar ASA | 1,074 | 56,695 | |
Schibsted ASA: | |||
(A Shares) | 1,721 | 59,634 | |
(B Shares) | 1,013 | 32,085 | |
SpareBank 1 SR-Bank ASA (primary capital certificate) | 2,608 | 29,020 | |
Sparebanken Midt-Norge | 2,825 | 28,820 | |
Storebrand ASA (A Shares) | 9,547 | 79,458 | |
Telenor ASA | 12,982 | 238,163 | |
TGS Nopec Geophysical Co. ASA | 2,102 | 70,542 | |
Tomra Systems ASA | 2,218 | 54,991 | |
Veidekke ASA | 1,381 | 14,416 | |
XXL ASA (b) | 495 | 2,548 | |
Yara International ASA | 3,346 | 143,965 | |
TOTAL NORWAY | 2,290,349 | ||
Pakistan - 0.0% | |||
Engro Corp. Ltd. | 3,300 | 8,345 | |
Habib Bank Ltd. | 5,800 | 6,382 | |
Lucky Cement Ltd. | 1,800 | 6,757 | |
Pakistan Oilfields Ltd. | 5,820 | 23,938 | |
Pakistan Petroleum Ltd. | 18,630 | 26,288 | |
Pakistan State Oil Co. Ltd. | 3,120 | 6,607 | |
United Bank Ltd. | 9,400 | 10,643 | |
TOTAL PAKISTAN | 88,960 | ||
Papua New Guinea - 0.0% | |||
Oil Search Ltd. ADR | 22,021 | 121,167 | |
Philippines - 0.3% | |||
Aboitiz Equity Ventures, Inc. | 36,040 | 31,699 | |
Alliance Global Group, Inc. (a) | 76,900 | 16,348 | |
Ayala Corp. | 6,750 | 116,212 | |
Ayala Land, Inc. | 139,300 | 103,360 | |
Bank of the Philippine Islands (BPI) | 24,710 | 37,987 | |
BDO Unibank, Inc. | 33,030 | 75,657 | |
DMCI Holdings, Inc. | 50,800 | 12,206 | |
GT Capital Holdings, Inc. | 790 | 11,236 | |
International Container Terminal Services, Inc. | 32,940 | 55,787 | |
JG Summit Holdings, Inc. | 63,410 | 56,128 | |
Jollibee Food Corp. | 12,410 | 64,097 | |
Manila Electric Co. | 5,380 | 37,030 | |
Megaworld Corp. | 127,000 | 10,481 | |
Metro Pacific Investments Corp. | 291,400 | 26,175 | |
Metropolitan Bank & Trust Co. | 43,350 | 53,177 | |
Philippine Long Distance Telephone Co. | 2,840 | 73,385 | |
Security Bank Corp. | 12,200 | 32,967 | |
SM Investments Corp. | 12,970 | 218,444 | |
SM Prime Holdings, Inc. | 288,400 | 182,419 | |
Universal Robina Corp. | 17,600 | 42,817 | |
TOTAL PHILIPPINES | 1,257,612 | ||
Poland - 0.3% | |||
Alior Bank SA (a) | 1,961 | 29,514 | |
Bank Millennium SA (a) | 12,323 | 28,358 | |
Bank Polska Kasa Opieki SA | 2,588 | 70,616 | |
Bank Zachodni WBK SA | 606 | 53,759 | |
BRE Bank SA | 183 | 17,837 | |
CD Projekt RED SA (a) | 1,266 | 52,228 | |
Cyfrowy Polsat SA (a) | 4,549 | 26,200 | |
Grupa Lotos SA | 1,195 | 21,576 | |
ING Bank Slaski SA | 683 | 29,013 | |
Jastrzebska Spolka Weglowa SA (a) | 538 | 10,375 | |
KGHM Polska Miedz SA (Bearer) (a) | 2,661 | 60,250 | |
LPP SA | 29 | 59,328 | |
NG2 SA | 363 | 15,798 | |
Polish Oil & Gas Co. SA | 34,192 | 55,781 | |
Polska Grupa Energetyczna SA (a) | 15,826 | 43,348 | |
Polski Koncern Naftowy Orlen SA | 5,838 | 140,338 | |
Powszechna Kasa Oszczednosci Bank SA | 16,446 | 171,140 | |
Powszechny Zaklad Ubezpieczen SA | 9,652 | 98,554 | |
TOTAL POLAND | 984,013 | ||
Portugal - 0.1% | |||
Banco Comercial Portugues SA (Reg.) (a) | 208,830 | 56,342 | |
Energias de Portugal SA | 44,855 | 157,699 | |
Galp Energia SGPS SA Class B | 7,971 | 138,992 | |
Jeronimo Martins SGPS SA | 4,989 | 61,368 | |
NOS SGPS SA | 4,969 | 27,916 | |
Portucel Industrial Empresa Produtora de Celulosa SA | 3,625 | 18,066 | |
Sonae SGPS SA | 11,097 | 11,117 | |
TOTAL PORTUGAL | 471,500 | ||
Qatar - 0.3% | |||
Barwa Real Estate Co. (a) | 2,208 | 22,674 | |
Doha Bank (a) | 2,236 | 13,492 | |
Industries Qatar QSC (a) | 3,772 | 145,027 | |
Masraf al Rayan (a) | 12,108 | 126,334 | |
Qatar Electricity & Water Co. (a) | 815 | 42,055 | |
Qatar Islamic Bank (a) | 3,844 | 161,530 | |
Qatar National Bank SAQ | 8,609 | 461,070 | |
Qatar Navigation QPSC (a) | 1,663 | 32,452 | |
Qatar Telecom (Qtel) Q.S.C. (a) | 1,884 | 35,641 | |
TOTAL QATAR | 1,040,275 | ||
Russia - 0.7% | |||
Alrosa Co. Ltd. | 46,400 | 70,367 | |
Gazprom OAO | 224,590 | 530,060 | |
Lukoil PJSC | 7,966 | 597,990 | |
Magnit OJSC | 1,131 | 61,637 | |
MMC Norilsk Nickel PJSC | 1,252 | 209,067 | |
Moscow Exchange MICEX-RTS OAO | 21,820 | 29,116 | |
NOVATEK OAO | 12,190 | 194,266 | |
Novolipetsk Steel OJSC | 1,450 | 3,531 | |
Novolipetsk Steel OJSC GDR (Reg. S) | 1,613 | 38,970 | |
Sberbank of Russia | 184,400 | 530,018 | |
Severstal PAO | 3,140 | 49,097 | |
Surgutneftegas OJSC | 139,300 | 56,186 | |
Tatneft PAO | 27,860 | 331,746 | |
VTB Bank OJSC (a) | 105,000,000 | 58,307 | |
TOTAL RUSSIA | 2,760,358 | ||
Singapore - 0.9% | |||
Ascendas Real Estate Investment Trust | 47,000 | 85,507 | |
CapitaCommercial Trust (REIT) | 43,100 | 53,830 | |
CapitaLand Ltd. | 50,300 | 114,025 | |
CapitaMall Trust | 54,000 | 82,258 | |
City Developments Ltd. | 12,500 | 71,382 | |
ComfortDelgro Corp. Ltd. | 41,700 | 67,736 | |
DBS Group Holdings Ltd. | 32,800 | 555,527 | |
Flextronics International Ltd. (a) | 11,169 | 87,788 | |
Hutchison Port Holdings Trust | 98,200 | 24,059 | |
Jardine Cycle & Carriage Ltd. | 1,500 | 32,780 | |
K-REIT Asia | 40,400 | 32,958 | |
Keppel Corp. Ltd. | 28,500 | 127,567 | |
Mapletree Commercial Trust | 27,900 | 32,429 | |
Mapletree Greater China Commercial Trust | 34,100 | 27,819 | |
Mapletree Industrial (REIT) | 18,000 | 24,041 | |
Mapletree Logistics Trust (REIT) | 32,000 | 27,954 | |
Oversea-Chinese Banking Corp. Ltd. | 69,527 | 539,090 | |
Sembcorp Industries Ltd. | 18,500 | 37,664 | |
Sembcorp Marine Ltd. | 19,900 | 22,987 | |
Singapore Airlines Ltd. | 10,100 | 69,125 | |
Singapore Airport Terminal Service Ltd. | 12,500 | 44,941 | |
Singapore Exchange Ltd. | 14,900 | 73,578 | |
Singapore Press Holdings Ltd. | 25,200 | 48,211 | |
Singapore Technologies Engineering Ltd. | 29,900 | 76,631 | |
Singapore Telecommunications Ltd. | 148,900 | 339,692 | |
Suntec (REIT) | 45,300 | 57,886 | |
United Overseas Bank Ltd. | 26,500 | 466,426 | |
UOL Group Ltd. | 11,900 | 51,805 | |
Venture Corp. Ltd. | 5,100 | 56,407 | |
Wilmar International Ltd. | 69,900 | 159,466 | |
Yangzijiang Shipbuilding Holdings Ltd. | 42,700 | 38,225 | |
TOTAL SINGAPORE | 3,529,794 | ||
South Africa - 1.2% | |||
AngloGold Ashanti Ltd. | 7,744 | 74,965 | |
Aspen Pharmacare Holdings Ltd. | 6,300 | 66,619 | |
AVI Ltd. | 5,990 | 40,603 | |
Barclays Africa Group Ltd. | 5,996 | 60,604 | |
Barloworld Ltd. | 3,379 | 27,486 | |
Bidcorp Ltd. | 4,786 | 89,764 | |
Bidvest Group Ltd. | 5,507 | 68,600 | |
Capitec Bank Holdings Ltd. | 1,097 | 73,667 | |
Clicks Group Ltd. | 4,125 | 52,567 | |
Discovery Ltd. | 6,793 | 72,721 | |
Exxaro Resources Ltd. | 4,424 | 45,252 | |
FirstRand Ltd. | 61,307 | 267,253 | |
Foschini Ltd. | 3,619 | 39,550 | |
Gold Fields Ltd. | 13,037 | 34,467 | |
Growthpoint Properties Ltd. | 43,892 | 67,389 | |
Hyprop Investments Ltd. | 2,175 | 13,309 | |
Impala Platinum Holdings Ltd. (a) | 7,968 | 14,691 | |
Imperial Holdings Ltd. | 2,789 | 30,799 | |
Investec Ltd. | 4,009 | 24,939 | |
Life Healthcare Group Holdings Ltd. | 21,326 | 35,417 | |
Mondi Ltd. | 2,234 | 53,437 | |
Mr Price Group Ltd. | 5,017 | 78,548 | |
MTN Group Ltd. | 29,175 | 169,087 | |
Naspers Ltd. Class N | 8,170 | 1,435,838 | |
Nedbank Group Ltd. | 6,707 | 113,168 | |
Netcare Ltd. | 29,934 | 50,382 | |
Old Mutual Ltd. | 92,323 | 139,249 | |
Pick 'n Pay Stores Ltd. | 4,913 | 22,689 | |
Rand Merchant Insurance Holdings Ltd. | 11,837 | 27,553 | |
Redefine Properties Ltd. | 103,197 | 67,084 | |
Remgro Ltd. | 9,695 | 124,982 | |
Resilient Property Income Fund Ltd. | 7,176 | 29,098 | |
RMB Holdings Ltd. | 14,474 | 73,054 | |
Sanlam Ltd. | 30,144 | 151,737 | |
Sappi Ltd. | 8,884 | 49,947 | |
Sasol Ltd. | 9,397 | 307,094 | |
Shoprite Holdings Ltd. | 7,267 | 88,815 | |
Spar Group Ltd. | 4,000 | 47,675 | |
Standard Bank Group Ltd. | 24,334 | 269,410 | |
Tiger Brands Ltd. | 3,626 | 64,785 | |
Truworths International Ltd. | 7,773 | 42,636 | |
Vodacom Group Ltd. | 9,550 | 80,530 | |
Woolworths Holdings Ltd. | 11,940 | 41,220 | |
TOTAL SOUTH AFRICA | 4,728,680 | ||
Spain - 2.0% | |||
ACS Actividades de Construccion y Servicios SA | 3,686 | 138,233 | |
Aena Sme SA | 1,358 | 217,108 | |
Amadeus IT Holding SA Class A | 8,160 | 657,876 | |
Banco Bilbao Vizcaya Argentaria SA | 122,937 | 678,501 | |
Banco de Sabadell SA | 102,331 | 135,030 | |
Banco Santander SA | 273,515 | 1,301,373 | |
Banco Santander SA rights (a) | 227,251 | 8,829 | |
Bankia SA | 19,546 | 61,524 | |
Bankinter SA | 12,055 | 98,910 | |
CaixaBank SA | 66,555 | 269,329 | |
Cellnex Telecom Sau (b) | 3,272 | 81,570 | |
EDP Renovaveis SA | 4,037 | 36,306 | |
Enagas SA | 4,215 | 111,905 | |
Endesa SA | 5,675 | 118,786 | |
Ferrovial SA | 9,853 | 197,532 | |
Gas Natural SDG SA | 6,558 | 161,334 | |
Grifols SA | 6,043 | 172,416 | |
Grifols SA ADR | 4,653 | 95,014 | |
Iberdrola SA | 109,719 | 777,453 | |
Inditex SA | 20,904 | 590,266 | |
Inmobiliaria Colonial SA | 6,674 | 67,089 | |
International Consolidated Airlines Group SA | 2,604 | 20,115 | |
International Consolidated Airlines Group SA CDI | 39,017 | 300,925 | |
MAPFRE SA (Reg.) | 16,696 | 50,000 | |
Merlin Properties Socimi SA | 9,494 | 119,147 | |
Red Electrica Corporacion SA | 7,857 | 162,691 | |
Repsol SA | 20,806 | 371,779 | |
Siemens Gamesa Renewable Energy SA (a) | 4,421 | 49,033 | |
Telefonica SA | 80,012 | 656,343 | |
TOTAL SPAIN | 7,706,417 | ||
Sweden - 2.0% | |||
AarhusKarlshamn AB | 3,499 | 52,765 | |
Alfa Laval AB | 5,314 | 135,708 | |
ASSA ABLOY AB (B Shares) | 18,265 | 363,305 | |
Atlas Copco AB: | |||
(A Shares) | 11,828 | 292,884 | |
(B Shares) | 7,402 | 169,658 | |
Axfood AB | 1,935 | 34,519 | |
Billerud AB | 2,807 | 33,281 | |
Boliden AB | 5,244 | 119,852 | |
Castellum AB | 4,966 | 85,660 | |
Com Hem Holding AB | 3,063 | 47,797 | |
Dometic Group AB (b) | 6,106 | 42,703 | |
Electrolux AB (B Shares) | 4,660 | 96,855 | |
Elekta AB (B Shares) | 7,369 | 93,450 | |
Epiroc AB: | |||
Class A (a) | 12,941 | 113,640 | |
Class B (a) | 6,312 | 52,028 | |
Essity AB Class B | 11,210 | 255,899 | |
Fabege AB | 5,688 | 72,661 | |
Fastighets AB Balder (a) | 1,952 | 49,018 | |
Getinge AB (B Shares) | 4,943 | 48,560 | |
H&M Hennes & Mauritz AB (B Shares) | 17,514 | 309,346 | |
Hemfosa Fastigheter AB | 2,512 | 31,046 | |
Hexagon AB (B Shares) | 4,754 | 233,047 | |
HEXPOL AB (B Shares) | 5,403 | 50,008 | |
Holmen AB (B Shares) | 1,943 | 44,524 | |
Husqvarna AB (B Shares) | 7,847 | 59,270 | |
ICA Gruppen AB | 1,473 | 52,136 | |
Industrivarden AB: | |||
(A Shares) | 4,076 | 87,033 | |
(C Shares) | 2,662 | 55,328 | |
Indutrade AB | 1,663 | 39,907 | |
Intrum Justitia AB | 1,336 | 34,075 | |
Investor AB (B Shares) | 8,196 | 355,294 | |
Kinnevik AB (B Shares) | 4,437 | 123,105 | |
Loomis AB (B Shares) | 1,124 | 34,760 | |
Lundbergfoeretagen AB | 1,087 | 33,544 | |
Lundin Petroleum AB | 4,041 | 123,379 | |
Modern Times Group MTG AB (B Shares) | 996 | 36,809 | |
Nibe Industrier AB (B Shares) | 8,255 | 86,220 | |
Saab AB (B Shares) | 1,350 | 52,902 | |
Sandvik AB | 20,492 | 324,472 | |
Securitas AB (B Shares) | 5,975 | 102,476 | |
Skandinaviska Enskilda Banken AB (A Shares) | 31,919 | 330,521 | |
Skanska AB (B Shares) | 7,660 | 120,578 | |
SKF AB (B Shares) | 7,282 | 116,975 | |
SSAB Svenskt Stal AB (B Shares) | 9,380 | 30,432 | |
Svenska Cellulosa AB (SCA) (B Shares) | 60,443 | 572,122 | |
Svenska Handelsbanken AB (A Shares) | 27,935 | 303,649 | |
Swedbank AB (A Shares) | 19,264 | 433,859 | |
Swedish Match Co. AB | 3,523 | 179,516 | |
Swedish Orphan Biovitrum AB (a) | 3,367 | 68,730 | |
Tele2 AB (B Shares) | 6,718 | 76,348 | |
Telefonaktiebolaget LM Ericsson (B Shares) | 56,763 | 494,222 | |
TeliaSonera AB | 50,985 | 229,877 | |
Trelleborg AB (B Shares) | 4,962 | 89,630 | |
Volvo AB: | |||
(A Shares) | 4,293 | 64,363 | |
(B Shares) | 31,226 | 466,796 | |
Wallenstam AB (B Shares) | 3,562 | 32,093 | |
TOTAL SWEDEN | 8,038,635 | ||
Switzerland - 5.5% | |||
ABB Ltd. (Reg.) | 37,357 | 751,680 | |
Adecco SA (Reg.) | 3,288 | 161,078 | |
Baloise Holdings AG | 934 | 133,727 | |
Clariant AG (Reg.) | 5,555 | 119,743 | |
Coca-Cola HBC AG | 3,817 | 112,702 | |
Compagnie Financiere Richemont SA Series A | 9,732 | 711,318 | |
Credit Suisse Group AG | 37,964 | 496,329 | |
Geberit AG (Reg.) | 681 | 266,612 | |
Givaudan SA | 144 | 349,438 | |
Julius Baer Group Ltd. | 4,274 | 194,915 | |
Kuehne & Nagel International AG | 1,069 | 148,704 | |
Lafargeholcim Ltd. (Reg.) | 8,985 | 416,175 | |
Lindt & Spruengli AG | 2 | 159,658 | |
Lindt & Spruengli AG (participation certificate) | 19 | 131,113 | |
Logitech International SA (Reg.) | 3,332 | 123,302 | |
Lonza Group AG | 1,151 | 361,934 | |
Nestle SA (Reg. S) | 57,649 | 4,866,911 | |
Novartis AG | 49,392 | 4,325,374 | |
Partners Group Holding AG | 345 | 245,780 | |
Roche Holding AG: | |||
(Bearer) | 690 | 167,987 | |
(participation certificate) | 12,932 | 3,147,163 | |
Schindler Holding AG (participation certificate) | 739 | 155,849 | |
SGS SA (Reg.) | 101 | 239,877 | |
Sika AG | 2,425 | 311,086 | |
Sonova Holding AG Class B | 1,037 | 169,427 | |
Straumann Holding AG | 203 | 138,572 | |
Swatch Group AG (Bearer) | 555 | 187,801 | |
Swatch Group AG (Bearer) (Reg.) | 1,626 | 108,572 | |
Swiss Life Holding AG | 581 | 219,328 | |
Swiss Prime Site AG | 1,384 | 112,407 | |
Swiss Re Ltd. | 6,021 | 543,782 | |
Swisscom AG | 478 | 218,983 | |
Temenos Group AG | 1,131 | 155,531 | |
UBS Group AG | 71,110 | 994,827 | |
Zurich Insurance Group AG | 2,723 | 845,441 | |
TOTAL SWITZERLAND | 21,793,126 | ||
Taiwan - 2.6% | |||
Accton Technology Corp. | 8,000 | 22,015 | |
Acer, Inc. | 45,000 | 31,540 | |
Advantech Co. Ltd. | 7,000 | 48,158 | |
ASE Industrial Holding Co. Ltd. | 59,000 | 118,913 | |
Asia Cement Corp. | 50,000 | 52,890 | |
Asia Optical Co., Inc. | 1,000 | 1,789 | |
ASUSTeK Computer, Inc. | 13,000 | 96,155 | |
AU Optronics Corp. | 140,000 | 54,668 | |
Catcher Technology Co. Ltd. | 15,000 | 150,918 | |
Cathay Financial Holding Co. Ltd. | 161,000 | 254,809 | |
Chang Hwa Commercial Bank | 123,720 | 70,131 | |
Cheng Shin Rubber Industry Co. Ltd. | 44,000 | 61,892 | |
Chicony Electronics Co. Ltd. | 7,000 | 13,995 | |
China Airlines Ltd. | 94,000 | 27,811 | |
China Development Finance Holding Corp. | 306,000 | 98,144 | |
China Life Insurance Co. Ltd. | 84,120 | 79,880 | |
China Petrochemical Development Corp. (a) | 24,000 | 8,760 | |
China Steel Corp. | 235,000 | 185,204 | |
China Synthetic Rubber Corp. | 2,658 | 2,970 | |
Chinatrust Financial Holding Co. Ltd. | 381,000 | 254,119 | |
Chipbond Technology Corp. | 17,000 | 31,188 | |
Chroma ATE, Inc. | 6,000 | 21,027 | |
Chunghwa Telecom Co. Ltd. | 96,000 | 338,895 | |
Compal Electronics, Inc. | 90,000 | 49,563 | |
Compeq Manufacturing Co. Ltd. | 11,000 | 7,035 | |
CTCI Corp. | 18,000 | 25,378 | |
Delta Electronics, Inc. | 37,000 | 155,359 | |
E Ink Holdings, Inc. | 8,000 | 6,305 | |
E.SUN Financial Holdings Co. Ltd. | 203,000 | 134,413 | |
ECLAT Textile Co. Ltd. | 4,000 | 47,480 | |
Elite Material Co. Ltd. | 4,000 | 7,997 | |
eMemory Technology, Inc. | 1,000 | 7,397 | |
EPISTAR Corp. | 29,000 | 26,180 | |
EVA Airways Corp. | 33,600 | 15,356 | |
Evergreen Marine Corp. (Taiwan) | 69,750 | 25,683 | |
Evergreen Marine Corp. (Taiwan) rights 11/18/18 (a) | 3,973 | 90 | |
Far Eastern Textile Ltd. | 79,000 | 79,228 | |
Far EasTone Telecommunications Co. Ltd. | 37,000 | 88,077 | |
Feng Tay Enterprise Co. Ltd. | 6,000 | 36,046 | |
First Financial Holding Co. Ltd. | 194,420 | 122,766 | |
FLEXium Interconnect, Inc. | 4,000 | 10,039 | |
Formosa Chemicals & Fibre Corp. | 68,000 | 245,991 | |
Formosa Petrochemical Corp. | 35,000 | 137,918 | |
Formosa Plastics Corp. | 92,000 | 300,124 | |
Foxconn Technology Co. Ltd. | 23,000 | 48,733 | |
Fubon Financial Holding Co. Ltd. | 139,000 | 217,521 | |
Genius Electronic Optical Co. Ltd. | 1,000 | 6,460 | |
Giant Manufacturing Co. Ltd. | 3,000 | 11,434 | |
Giga-Byte Technology Co. Ltd. | 6,000 | 7,839 | |
Global Unichip Corp. | 1,000 | 6,783 | |
Grand Pacific Petrochemical Corp. | 8,000 | 5,388 | |
Grape King Bio Ltd. | 1,000 | 6,298 | |
Great Wall Enterprise Co. Ltd. | 7,490 | 7,282 | |
HannStar Display Corp. | 10,000 | 2,196 | |
Highwealth Construction Corp. | 11,000 | 16,112 | |
HIWIN Technologies Corp. | 3,000 | 19,380 | |
Hon Hai Precision Industry Co. Ltd. (Foxconn) | 219,800 | 559,430 | |
Hota Industrial Manufacturing Co. Ltd. | 3,000 | 12,548 | |
Hotai Motor Co. Ltd. | 6,000 | 41,375 | |
HTC Corp. (a) | 10,000 | 10,853 | |
Hua Nan Financial Holdings Co. Ltd. | 169,890 | 95,754 | |
Innolux Corp. | 176,000 | 53,265 | |
Inventec Corp. | 50,000 | 40,293 | |
King Slide Works Co. Ltd. | 1,000 | 10,384 | |
King Yuan Electronics Co. Ltd. | 4,000 | 2,332 | |
Largan Precision Co. Ltd. | 2,000 | 216,405 | |
Lee Chang Yung Chemical Industry Corp. | 6,000 | 10,058 | |
Lien Hwa Industrial Corp. | 9,900 | 9,737 | |
Lite-On Technology Corp. | 45,000 | 51,598 | |
Macronix International Co. Ltd. | 37,340 | 20,684 | |
Makalot Industrial Co. Ltd. | 4,000 | 21,447 | |
MediaTek, Inc. | 30,000 | 220,442 | |
Mega Financial Holding Co. Ltd. | 210,000 | 177,371 | |
Merida Industry Co. Ltd. | 3,000 | 10,513 | |
Merry Electronics Co. Ltd. | 4,000 | 17,248 | |
Micro-Star International Co. Ltd. | 15,000 | 33,091 | |
Nan Ya Plastics Corp. | 98,000 | 243,413 | |
Nanya Technology Corp. | 7,000 | 11,621 | |
Novatek Microelectronics Corp. | 9,000 | 39,680 | |
OBI Pharma, Inc. (a) | 1,000 | 3,908 | |
Pegatron Corp. | 43,000 | 78,193 | |
Phison Electronics Corp. | 4,000 | 26,227 | |
Pou Chen Corp. | 58,000 | 58,730 | |
Powertech Technology, Inc. | 8,000 | 17,467 | |
President Chain Store Corp. | 11,000 | 123,997 | |
Primax Electronics Ltd. | 2,000 | 2,687 | |
Qisda Corp. | 52,000 | 29,476 | |
Quanta Computer, Inc. | 43,000 | 67,846 | |
Radiant Opto-Electronics Corp. | 9,000 | 23,517 | |
Realtek Semiconductor Corp. | 7,000 | 28,036 | |
Ruentex Development Co. Ltd. | 7,800 | 10,783 | |
Ruentex Industries Ltd. | 3,600 | 9,011 | |
Shin Kong Financial Holding Co. Ltd. | 202,843 | 66,499 | |
Simplo Technology Co. Ltd. | 2,000 | 11,595 | |
Sino-American Silicon Products, Inc. | 11,000 | 20,465 | |
Sinopac Holdings Co. | 245,180 | 83,151 | |
St.Shine Optical Co. Ltd. | 1,000 | 17,765 | |
Standard Foods Corp. | 2,000 | 3,001 | |
Synnex Technology International Corp. | 31,000 | 33,342 | |
Taishin Financial Holdings Co. Ltd. | 213,349 | 94,751 | |
Taishin Financial Holdings Co. Ltd. rights 11/22/18 (a) | 3,153 | 306 | |
Taiwan Business Bank | 110,840 | 36,516 | |
Taiwan Cement Corp. | 70,000 | 78,455 | |
Taiwan Cooperative Financial Holding Co. Ltd. | 178,890 | 100,537 | |
Taiwan Fertilizer Co. Ltd. | 8,000 | 10,853 | |
Taiwan Mobile Co. Ltd. | 50,000 | 178,453 | |
Taiwan Paiho Ltd. | 2,000 | 2,952 | |
Taiwan Semiconductor Manufacturing Co. Ltd. | 342,000 | 2,566,073 | |
Tatung Co. Ltd. (a) | 42,000 | 48,836 | |
TECO Electric & Machinery Co. Ltd. | 21,000 | 12,040 | |
Tong Yang Industry Co. Ltd. | 1,000 | 1,127 | |
Tripod Technology Corp. | 12,000 | 28,953 | |
TSRC Corp. | 2,000 | 1,841 | |
TTY Biopharm Co. Ltd. | 3,000 | 7,829 | |
Unified-President Enterprises Corp. | 94,000 | 227,406 | |
Unimicron Technology Corp. | 23,000 | 11,180 | |
United Microelectronics Corp. | 236,000 | 89,884 | |
Vanguard International Semiconductor Corp. | 15,000 | 27,616 | |
Wafer Works Corp. | 2,000 | 2,028 | |
Walsin Lihwa Corp. | 48,000 | 23,798 | |
Walsin Technology Corp. | 4,000 | 16,860 | |
Win Semiconductors Corp. | 6,000 | 18,411 | |
Winbond Electronics Corp. | 26,000 | 11,253 | |
Wistron Corp. | 71,000 | 43,342 | |
Wistron NeWeb Corp. | 1,020 | 2,372 | |
WPG Holding Co. Ltd. | 30,040 | 35,657 | |
WT Microelectronics Co. Ltd. | 1,000 | 1,287 | |
Yageo Corp. | 6,000 | 61,142 | |
Yuanta Financial Holding Co. Ltd. | 242,000 | 117,246 | |
TOTAL TAIWAN | 10,393,964 | ||
Thailand - 0.9% | |||
Advanced Info Service PCL | 6,200 | 36,647 | |
Advanced Info Service PCL (For. Reg.) | 14,600 | 86,297 | |
Airports of Thailand PCL | 22,900 | 44,198 | |
Airports of Thailand PCL (For. Reg.) | 58,700 | 113,293 | |
Bangkok Bank PCL | 37,900 | 242,304 | |
Bangkok Chain Hospital PCL | 26,200 | 15,407 | |
Bangkok Dusit Medical Services PCL | 48,100 | 35,538 | |
Bangkok Dusit Medical Services PCL (For. Reg.) | 130,000 | 96,049 | |
Bangkok Expressway and Metro PCL | 106,400 | 27,274 | |
Bangkok Expressway and Metro PCL | 92,100 | 23,608 | |
Bangkok Land PCL | 207,800 | 10,779 | |
Bangkok Life Assurance PCL | 11,600 | 11,107 | |
Banpu PCL | 29,500 | 15,479 | |
Banpu PCL (For. Reg.) | 50,700 | 26,604 | |
Banpu Power PCL | 2,100 | 1,514 | |
BCPG PCL | 2,600 | 1,466 | |
Beauty Community PCL | 21,600 | 6,514 | |
Berli Jucker PCL (For. Reg) | 16,200 | 27,236 | |
BTS Group Holdings PCL | 87,000 | 24,006 | |
BTS Group Holdings PCL | 58,900 | 16,253 | |
Bumrungrad Hospital PCL | 4,200 | 24,445 | |
Bumrungrad Hospital PCL (For. Reg.) | 4,800 | 27,937 | |
C.P. ALL PCL | 30,000 | 60,841 | |
C.P. ALL PCL (For. Reg.) | 76,600 | 155,348 | |
Carabao Group PCL | 1,100 | 1,501 | |
Central Pattana PCL | 19,400 | 46,218 | |
Central Pattana PCL (For. Reg.) | 48,100 | 114,593 | |
Central Plaza Hotel PCL | 12,200 | 14,809 | |
Central Plaza Hotel PCL (a) | 3,700 | 4,491 | |
Charoen Pokphand Foods PCL | 25,500 | 19,417 | |
Charoen Pokphand Foods PCL (For. Reg.) | 57,900 | 44,089 | |
Delta Electronics PCL (For. Reg.) | 2,400 | 4,994 | |
Electricity Generating PCL (For. Reg.) | 4,700 | 32,741 | |
Energy Absolute PCL | 9,400 | 14,032 | |
Energy Absolute PCL | 16,500 | 24,631 | |
Esso Thailand PCL | 14,100 | 6,166 | |
Global Power Synergy Public Co. Ltd. | 5,800 | 10,101 | |
Glow Energy PCL | 400 | 1,010 | |
Glow Energy PCL (For. Reg.) | 5,700 | 14,396 | |
Hana Microelectronics PCL (For. Reg.) | 5,400 | 5,903 | |
Home Product Center PCL | 39,100 | 17,569 | |
Home Product Center PCL (For. Reg.) | 67,500 | 30,330 | |
Indorama Ventures PCL | 10,300 | 16,851 | |
Indorama Ventures PCL (For. Reg.) | 18,700 | 30,593 | |
Intouch Holdings PCL | 41,700 | 66,650 | |
IRPC PCL (For. Reg.) | 165,200 | 30,390 | |
Jasmine International Public Co. Ltd. | 9,700 | 1,506 | |
Kasikornbank PCL | 40,500 | 243,660 | |
KCE Electronics PCL | 17,400 | 19,546 | |
KCE Electronics PCL | 1,900 | 2,134 | |
Kiatnakin Bank PCL (For. Reg.) | 9,500 | 20,412 | |
Krung Thai Bank PCL | 38,300 | 23,216 | |
Krung Thai Bank PCL (For. Reg.) | 94,900 | 57,524 | |
Krungthai Card PCL | 10,800 | 11,318 | |
Krungthai Card PCL (For. Reg.) | 9,900 | 10,375 | |
Land & House PCL | 43,100 | 13,388 | |
Land & House PCL (For. Reg.) | 70,400 | 21,867 | |
Mega Lifesciences PCL | 7,800 | 8,821 | |
Minor International PCL | 14,800 | 16,291 | |
Minor International PCL (For. Reg.) | 35,600 | 39,186 | |
MK Restaurants Group PCL | 1,900 | 3,853 | |
Muangthai Leasing PCL | 9,000 | 14,181 | |
Muangthai Leasing PCL | 8,500 | 13,393 | |
PTT Exploration and Production PCL | 7,700 | 32,393 | |
PTT Exploration and Production PCL (For. Reg.) | 19,200 | 80,772 | |
PTT Global Chemical PCL | 12,100 | 28,188 | |
PTT Global Chemical PCL (For. Reg.) | 32,600 | 75,945 | |
PTT PCL | 51,800 | 79,668 | |
PTT PCL (For. Reg.) | 131,000 | 201,478 | |
Ratchaburi Electric Generating Holding PCL (For. Reg.) | 16,400 | 24,234 | |
Robinsons Department Store PCL (For. Reg.) | 6,700 | 13,184 | |
Siam Cement PCL | 4,500 | 56,725 | |
Siam Cement PCL (For. Reg.) | 11,500 | 144,964 | |
Siam City Cement PCL (For. Reg.) | 900 | 6,514 | |
Siam Commercial Bank PCL | 13,900 | 57,637 | |
Siam Commercial Bank PCL (For. Reg.) | 36,600 | 151,764 | |
Siam Global House PCL | 2,900 | 1,635 | |
Siam Global House PCL | 12,500 | 7,049 | |
Sino-Thai Engineering & Construction PCL (For. Reg.) (a) | 16,900 | 12,639 | |
Srisawad Corp. PCL | 6,700 | 8,991 | |
Star Petroleum Refining PCL | 22,700 | 9,652 | |
Thai Beverage PCL | 193,400 | 87,265 | |
Thai Oil PCL | 5,800 | 14,824 | |
Thai Oil PCL (For. Reg.) | 15,200 | 38,848 | |
Thai Union Frozen Products PCL (For. Reg.) | 52,300 | 26,182 | |
Thanachart Capital PCL (For. Reg.) | 29,400 | 46,769 | |
TISCO Financial Group PCL | 8,000 | 18,999 | |
TISCO Financial Group PCL | 5,900 | 14,012 | |
TMB PCL (For. Reg.) | 345,900 | 23,783 | |
TOA Paint Thailand PCL | 1,600 | 1,628 | |
Total Access Communication PCL (For. Reg.) | 7,500 | 10,743 | |
TPI Polene Power PCL | 8,400 | 1,520 | |
True Corp. PCL | 65,300 | 11,619 | |
True Corp. PCL (For. Reg.) | 116,000 | 20,639 | |
TTW PCL | 19,000 | 7,048 | |
WHA Corp. PCL | 154,600 | 19,208 | |
TOTAL THAILAND | 3,538,809 | ||
Turkey - 0.2% | |||
Akbank T.A.S. | 57,102 | 67,526 | |
Anadolu Efes Biracilik Ve Malt Sanayii A/S | 656 | 2,205 | |
Arcelik A/S | 7,498 | 20,832 | |
Bim Birlesik Magazalar A/S JSC | 4,661 | 66,209 | |
Coca-Cola Icecek Sanayi A/S | 270 | 1,331 | |
Emlak Konut Gayrimenkul Yatirim Ortakligi A/S | 4,530 | 1,353 | |
Enka Insaat ve Sanayi A/S | 21,251 | 17,755 | |
Eregli Demir ve Celik Fabrikalari T.A.S. | 33,629 | 54,508 | |
Ford Otomotiv Sanayi A/S | 1,714 | 18,398 | |
Haci Omer Sabanci Holding A/S | 24,041 | 30,623 | |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S Class D (a) | 2,708 | 1,482 | |
Koc Holding A/S | 23,056 | 64,264 | |
Petkim Petrokimya Holding A/S | 2,254 | 2,049 | |
TAV Havalimanlari Holding A/S | 2,515 | 10,466 | |
Tekfen Holding A/S | 6,725 | 25,554 | |
Tofas Turk Otomobil Fabrikasi A/S | 354 | 1,336 | |
Tupras Turkiye Petrol Rafinerileri A/S | 2,230 | 52,542 | |
Turk Hava Yollari AO (a) | 16,272 | 40,901 | |
Turk Sise ve Cam Fabrikalari A/S | 12,756 | 10,794 | |
Turkcell Iletisim Hizmet A/S | 16,569 | 33,644 | |
Turkiye Garanti Bankasi A/S | 59,972 | 74,997 | |
Turkiye Halk Bankasi A/S | 2,043 | 2,255 | |
Turkiye Is Bankasi A/S Series C | 38,269 | 27,317 | |
Turkiye Vakiflar Bankasi TAO | 3,411 | 2,087 | |
Ulker Biskuvi Sanayi A/S (a) | 521 | 1,378 | |
Yapi ve Kredi Bankasi A/S (a) | 9,658 | 2,799 | |
TOTAL TURKEY | 634,605 | ||
United Arab Emirates - 0.2% | |||
Abu Dhabi Commercial Bank PJSC (a) | 35,270 | 77,681 | |
Aldar Properties PJSC | 85,927 | 40,470 | |
Damac Properties Dubai Co. PJSC (a) | 20,746 | 11,409 | |
DP World Ltd. | 3,272 | 58,863 | |
Dubai Investments Ltd. (a) | 44,368 | 19,568 | |
Dubai Islamic Bank Pakistan Ltd. (a) | 70,039 | 100,297 | |
Emaar Properties PJSC | 99,190 | 137,721 | |
Emirates Telecommunications Corp. (a) | 66,757 | 316,233 | |
National Bank of Abu Dhabi PJSC | 24,412 | 91,849 | |
Union National Bank (a) | 13,096 | 16,971 | |
TOTAL UNITED ARAB EMIRATES | 871,062 | ||
United Kingdom - 10.2% | |||
3i Group PLC | 17,888 | 200,796 | |
Admiral Group PLC | 4,764 | 122,579 | |
Anglo American PLC (United Kingdom) | 26,573 | 568,992 | |
Antofagasta PLC | 7,571 | 75,947 | |
Ashtead Group PLC | 9,670 | 239,232 | |
Associated British Foods PLC | 6,591 | 201,011 | |
AstraZeneca PLC (United Kingdom) | 23,283 | 1,780,909 | |
Atlassian Corp. PLC (a) | 1,409 | 106,957 | |
Auto Trader Group PLC (b) | 18,784 | 98,153 | |
Aviva PLC | 74,931 | 409,490 | |
Babcock International Group PLC | 10,079 | 78,741 | |
BAE Systems PLC | 59,179 | 396,812 | |
Barclays PLC | 288,636 | 635,954 | |
Barratt Developments PLC | 18,791 | 123,456 | |
BBA Aviation PLC | 15,704 | 48,215 | |
Bellway PLC | 2,475 | 90,825 | |
Berkeley Group Holdings PLC | 2,623 | 117,379 | |
BHP Billiton PLC | 39,257 | 783,126 | |
BP PLC | 348,536 | 2,517,727 | |
British American Tobacco PLC (United Kingdom) | 34,237 | 1,484,183 | |
British Land Co. PLC | 19,842 | 150,143 | |
BT Group PLC | 164,245 | 502,919 | |
Bunzl PLC | 6,259 | 184,886 | |
Burberry Group PLC | 8,448 | 195,556 | |
Carnival PLC | 4,077 | 222,219 | |
Centrica PLC | 102,666 | 193,167 | |
Cobham PLC (a) | 43,109 | 59,317 | |
Coca-Cola European Partners PLC | 4,350 | 197,882 | |
Compass Group PLC | 29,593 | 582,517 | |
Croda International PLC | 2,562 | 157,843 | |
Derwent London PLC | 2,255 | 84,424 | |
Diageo PLC | 46,405 | 1,604,291 | |
Direct Line Insurance Group PLC | 25,959 | 109,331 | |
DS Smith PLC | 20,837 | 104,644 | |
easyJet PLC | 5,366 | 82,306 | |
G4S PLC (United Kingdom) | 30,106 | 82,735 | |
GlaxoSmithKline PLC | 91,148 | 1,765,333 | |
Halma PLC | 7,759 | 131,705 | |
Hammerson PLC | 15,894 | 89,084 | |
Hargreaves Lansdown PLC | 4,660 | 111,266 | |
Hays PLC | 30,314 | 63,662 | |
HSBC Holdings PLC (United Kingdom) | 368,543 | 3,032,962 | |
IMI PLC | 5,599 | 71,173 | |
Imperial Tobacco Group PLC | 17,904 | 607,136 | |
Inchcape PLC | 8,406 | 58,128 | |
Informa PLC | 14,930 | 136,180 | |
InterContinental Hotel Group PLC | 3,757 | 197,370 | |
Intermediate Capital Group PLC | 6,088 | 74,082 | |
International Game Technology PLC | 1,950 | 36,173 | |
Intertek Group PLC | 3,049 | 182,702 | |
Investec PLC | 13,139 | 81,284 | |
ITV PLC | 69,104 | 131,566 | |
J Sainsbury PLC | 31,692 | 126,063 | |
John Wood Group PLC | 6,948 | 63,428 | |
Johnson Matthey PLC | 3,746 | 142,351 | |
Just Eat Holding Ltd. (a) | 9,050 | 70,285 | |
Kingfisher PLC | 42,974 | 139,544 | |
Land Securities Group PLC | 14,390 | 156,932 | |
Legal & General Group PLC | 106,962 | 343,848 | |
Lloyds Banking Group PLC | 1,161,645 | 847,699 | |
London Stock Exchange Group PLC | 5,743 | 316,751 | |
Man Group PLC | 34,505 | 68,560 | |
Marks & Spencer Group PLC | 31,511 | 119,221 | |
Mediclinic International PLC | 6,296 | 30,331 | |
Meggitt PLC | 15,205 | 102,967 | |
Melrose Industries PLC | 29,450 | 63,485 | |
Micro Focus International PLC | 3,805 | 58,986 | |
Mondi PLC | 6,944 | 163,715 | |
National Grid PLC | 66,829 | 708,310 | |
Next PLC | 2,771 | 184,320 | |
Pearson PLC | 15,535 | 178,465 | |
Pennon Group PLC | 7,217 | 68,835 | |
Persimmon PLC | 5,669 | 166,226 | |
Prudential PLC | 47,547 | 952,063 | |
Quilter PLC | 37,068 | 54,876 | |
Reckitt Benckiser Group PLC | 12,445 | 1,006,354 | |
RELX PLC | 19,240 | 381,185 | |
Rentokil Initial PLC | 36,262 | 146,559 | |
Rightmove PLC | 18,446 | 106,606 | |
Rio Tinto PLC | 22,484 | 1,091,616 | |
Rolls-Royce Holdings PLC | 35,087 | 376,280 | |
Royal Bank of Scotland Group PLC | 58,737 | 176,828 | |
Royal Dutch Shell PLC: | |||
Class A (United Kingdom) | 84,412 | 2,689,207 | |
Class B (United Kingdom) | 65,849 | 2,147,529 | |
Royal Mail PLC | 17,126 | 78,587 | |
RPC Group PLC | 8,280 | 80,710 | |
RSA Insurance Group PLC | 19,024 | 137,242 | |
Sage Group PLC | 21,194 | 147,479 | |
Schroders PLC | 2,158 | 73,924 | |
Scottish & Southern Energy PLC | 18,818 | 274,280 | |
Segro PLC | 16,242 | 127,594 | |
Severn Trent PLC | 4,538 | 108,063 | |
Smith & Nephew PLC | 16,691 | 271,310 | |
Smiths Group PLC | 7,391 | 132,024 | |
Spectris PLC | 2,477 | 67,881 | |
Spirax-Sarco Engineering PLC | 1,440 | 119,087 | |
St. James's Place Capital PLC | 10,053 | 130,232 | |
Standard Chartered PLC (United Kingdom) | 51,777 | 363,667 | |
Standard Life PLC | 33,198 | 114,783 | |
Tate & Lyle PLC | 9,406 | 80,937 | |
Taylor Wimpey PLC | 55,011 | 113,559 | |
Tesco PLC | 148,369 | 404,072 | |
The Weir Group PLC | 4,205 | 85,245 | |
Travis Perkins PLC | 4,206 | 59,514 | |
Tullett Prebon PLC | 8,860 | 32,842 | |
Unilever PLC | 23,829 | 1,262,213 | |
United Utilities Group PLC | 12,861 | 119,445 | |
Vodafone Group PLC | 493,750 | 928,516 | |
Whitbread PLC | 3,401 | 191,275 | |
WM Morrison Supermarkets PLC | 43,834 | 139,007 | |
TOTAL UNITED KINGDOM | 40,257,383 | ||
United States of America - 0.1% | |||
Altice U.S.A., Inc. Class A | 3,569 | 58,210 | |
Stratasys Ltd. (a) | 721 | 13,742 | |
Yum China Holdings, Inc. | 6,809 | 245,669 | |
TOTAL UNITED STATES OF AMERICA | 317,621 | ||
TOTAL COMMON STOCKS | |||
(Cost $406,251,764) | 378,450,121 | ||
Nonconvertible Preferred Stocks - 1.3% | |||
Brazil - 0.7% | |||
Azul SA (a) | 4,100 | 33,701 | |
Banco Bradesco SA (PN) | 54,600 | 503,233 | |
Bradespar SA (PN) | 4,100 | 38,075 | |
Braskem SA (PN-A) | 2,900 | 40,638 | |
Centrais Eletricas Brasileiras SA (Electrobras) (PN-B) | 2,400 | 17,154 | |
Companhia Brasileira de Distribuicao Grupo Pao de Acucar (PN) | 3,300 | 69,361 | |
Companhia Energetica de Minas Gerais (CEMIG) (PN) | 15,000 | 44,458 | |
Gerdau SA | 17,500 | 76,461 | |
Itau Unibanco Holding SA | 60,500 | 800,652 | |
Itausa-Investimentos Itau SA (PN) | 83,200 | 251,288 | |
Lojas Americanas SA (PN) | 11,300 | 57,085 | |
Petroleo Brasileiro SA - Petrobras (PN) (non-vtg.) | 82,200 | 610,067 | |
Telefonica Brasil SA | 8,000 | 92,909 | |
TOTAL BRAZIL | 2,635,082 | ||
Chile - 0.0% | |||
Embotelladora Andina SA Class B | 2,439 | 8,586 | |
Sociedad Quimica y Minera de Chile SA (PN-B) | 1,816 | 78,536 | |
TOTAL CHILE | 87,122 | ||
Colombia - 0.0% | |||
Bancolombia SA (PN) | 9,582 | 89,585 | |
Grupo Aval Acciones y Valores SA | 84,775 | 29,755 | |
TOTAL COLOMBIA | 119,340 | ||
Germany - 0.3% | |||
Bayerische Motoren Werke AG (BMW) (non-vtg.) | 980 | 74,037 | |
Henkel AG & Co. KGaA | 3,649 | 399,169 | |
Porsche Automobil Holding SE (Germany) | 2,881 | 183,217 | |
Sartorius AG (non-vtg.) | 643 | 93,222 | |
Volkswagen AG | 3,381 | 569,675 | |
TOTAL GERMANY | 1,319,320 | ||
Italy - 0.0% | |||
Telecom Italia SpA (Risparmio Shares) | 73,650 | 37,272 | |
Korea (South) - 0.2% | |||
Hyundai Motor Co. | 207 | 12,083 | |
Hyundai Motor Co. Series 2 | 1,615 | 100,212 | |
LG Chemical Ltd. | 307 | 53,678 | |
LG Household & Health Care Ltd. | 69 | 44,266 | |
Samsung Electronics Co. Ltd. | 16,776 | 525,628 | |
TOTAL KOREA (SOUTH) | 735,867 | ||
Russia - 0.1% | |||
AK Transneft OAO | 30 | 77,831 | |
Sberbank of Russia | 40,400 | 100,151 | |
Surgutneftegas OJSC | 159,700 | 92,452 | |
TOTAL RUSSIA | 270,434 | ||
United Kingdom - 0.0% | |||
Rolls-Royce Holdings PLC Series C (a) | 1,336,944 | 1,709 | |
TOTAL NONCONVERTIBLE PREFERRED STOCKS | |||
(Cost $4,917,995) | 5,206,146 | ||
Money Market Funds - 15.2% | |||
Fidelity Cash Central Fund, 2.23% (d) | 59,577,431 | 59,589,346 | |
Fidelity Securities Lending Cash Central Fund 2.23% (d)(e) | 325,797 | 325,830 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $59,915,176) | 59,915,176 | ||
TOTAL INVESTMENT IN SECURITIES - 112.6% | |||
(Cost $471,084,935) | 443,571,443 | ||
NET OTHER ASSETS (LIABILITIES) - (12.6)% | (49,599,315) | ||
NET ASSETS - 100% | $393,972,128 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
ICE E-mini MSCI EAFE Index Contracts (United States) | 78 | Dec. 2018 | $7,068,750 | $96,613 | $96,613 |
ICE E-mini MSCI Emerging Markets Index Contracts (United States) | 54 | Dec. 2018 | 2,583,090 | 38,706 | 38,706 |
TME S&P/TSX 60 Index Contracts (Canada) | 5 | Dec. 2018 | 679,251 | 8,284 | 8,284 |
TOTAL FUTURES CONTRACTS | $143,603 |
The notional amount of futures purchased as a percentage of Net Assets is 2.6%
For the period, the average monthly underlying face amount at value for futures contracts in the aggregate was $22,811,848.
Categorizations in the Schedule of Investments are based on country or territory of incorporation.
Legend
(a) Non-income producing
(b) 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 end of the period, the value of these securities amounted to $1,542,392 or 0.4% of net assets.
(c) Security or a portion of the security is on loan at period end.
(d) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request.
(e) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $172,585 |
Fidelity Securities Lending Cash Central Fund | 244 |
Total | $172,829 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of October 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $27,519,847 | $11,822,469 | $15,697,378 | $-- |
Consumer Discretionary | 39,827,109 | 25,619,318 | 14,207,791 | -- |
Consumer Staples | 36,820,107 | 17,897,114 | 18,922,993 | -- |
Energy | 27,114,128 | 13,888,973 | 13,225,155 | -- |
Financials | 84,426,919 | 54,086,241 | 30,340,678 | -- |
Health Care | 33,346,620 | 10,790,049 | 22,556,571 | -- |
Industrials | 48,843,385 | 28,215,642 | 20,627,743 | -- |
Information Technology | 31,163,147 | 18,268,835 | 12,894,312 | -- |
Materials | 29,926,909 | 20,235,112 | 9,691,797 | -- |
Real Estate | 13,219,911 | 11,203,748 | 2,016,163 | -- |
Utilities | 11,448,185 | 8,663,296 | 2,784,889 | -- |
Money Market Funds | 59,915,176 | 59,915,176 | -- | -- |
Total Investments in Securities: | $443,571,443 | $280,605,973 | $162,965,470 | $-- |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $143,603 | $143,603 | $-- | $-- |
Total Assets | $143,603 | $143,603 | $-- | $-- |
Total Derivative Instruments: | $143,603 | $143,603 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of October 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $143,603 | $0 |
Total Equity Risk | 143,603 | 0 |
Total Value of Derivatives | $143,603 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity ZERO℠ International Index Fund
Financial Statements
Statement of Assets and Liabilities
October 31, 2018 | ||
Assets | ||
Investment in securities, at value (including securities loaned of $323,605) See accompanying schedule: Unaffiliated issuers (cost $411,169,759) | $383,656,267 | |
Fidelity Central Funds (cost $59,915,176) | 59,915,176 | |
Total Investment in Securities (cost $471,084,935) | $443,571,443 | |
Segregated cash with brokers for derivative instruments | 3,643,992 | |
Cash | 98 | |
Foreign currency held at value (cost $7,308,544) | 7,285,836 | |
Receivable for fund shares sold | 5,113,572 | |
Dividends receivable | 687,398 | |
Distributions receivable from Fidelity Central Funds | 67,067 | |
Total assets | 460,369,406 | |
Liabilities | ||
Payable for investments purchased | $64,491,540 | |
Payable for fund shares redeemed | 1,332,381 | |
Payable for daily variation margin on futures contracts | 247,273 | |
Other payables and accrued expenses | 254 | |
Collateral on securities loaned | 325,830 | |
Total liabilities | 66,397,278 | |
Net Assets | $393,972,128 | |
Net Assets consist of: | ||
Paid in capital | $422,247,818 | |
Total distributable earnings (loss) | (28,275,690) | |
Net Assets, for 43,165,549 shares outstanding | $393,972,128 | |
Net Asset Value, offering price and redemption price per share ($393,972,128 ÷ 43,165,549 shares) | $9.13 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
For the period August 2, 2018 (commencement of operations) to October 31, 2018 |
||
Investment Income | ||
Dividends | $1,546,652 | |
Income from Fidelity Central Funds | 172,829 | |
Income before foreign taxes withheld | 1,719,481 | |
Less foreign taxes withheld | (137,601) | |
Total income | 1,581,880 | |
Expenses | ||
Independent trustees' fees and expenses | $142 | |
Total expenses | 142 | |
Net investment income (loss) | 1,581,738 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers (net of foreign taxes of $385) | 90,898 | |
Fidelity Central Funds | 847 | |
Foreign currency transactions | 102,633 | |
Futures contracts | (2,585,592) | |
Total net realized gain (loss) | (2,391,214) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | (27,513,492) | |
Assets and liabilities in foreign currencies | (10,664) | |
Futures contracts | 143,603 | |
Total change in net unrealized appreciation (depreciation) | (27,380,553) | |
Net gain (loss) | (29,771,767) | |
Net increase (decrease) in net assets resulting from operations | $(28,190,029) |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
For the period August 2, 2018 (commencement of operations) to October 31, 2018 |
|
Increase (Decrease) in Net Assets | |
Operations | |
Net investment income (loss) | $1,581,738 |
Net realized gain (loss) | (2,391,214) |
Change in net unrealized appreciation (depreciation) | (27,380,553) |
Net increase (decrease) in net assets resulting from operations | (28,190,029) |
Share transactions | |
Proceeds from sales of shares | 462,386,169 |
Cost of shares redeemed | (40,224,012) |
Net increase (decrease) in net assets resulting from share transactions | 422,162,157 |
Total increase (decrease) in net assets | 393,972,128 |
Net Assets | |
Beginning of period | |
End of period | $393,972,128 |
Other Information | |
Shares | |
Sold | 47,322,476 |
Redeemed | (4,156,927) |
Net increase (decrease) | 43,165,549 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity ZERO International Index Fund
Year ended October 31, | 2018 A |
Selected PerShare Data | |
Net asset value, beginning of period | $10.00 |
Income from Investment Operations | |
Net investment income (loss)B | .06 |
Net realized and unrealized gain (loss) | (.93) |
Total from investment operations | (.87) |
Net asset value, end of period | $9.13 |
Total ReturnC | (8.70)% |
Ratios to Average Net AssetsD,E | |
Expenses before reductionsF | - %G |
Expenses net of fee waivers, if anyF | - %G |
Expenses net of all reductionsF | - %G |
Net investment income (loss) | 2.42%G |
Supplemental Data | |
Net assets, end of period (000 omitted) | $393,972 |
Portfolio turnover rateH | 0%I,J |
A For the period August 2, 2018 (commencement of operations) to October 31, 2018.
B Calculated based on average shares outstanding during the period.
C Total returns for periods of less than one year are not annualized.
D Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
E Expense ratios reflect operating expenses of the Fund. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the Fund during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the Fund.
F Amount represents less than .005%.
G Annualized
H Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
I Amount not annualized.
J Amount represents less than 1%.
See accompanying notes which are an integral part of the financial statements.
Fidelity ZERO℠ Large Cap Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of October 31, 2018
% of fund's net assets | |
Apple, Inc. | 4.8 |
Microsoft Corp. | 3.5 |
Amazon.com, Inc. | 2.7 |
Berkshire Hathaway, Inc. Class B | 1.7 |
JPMorgan Chase & Co. | 1.6 |
Johnson & Johnson | 1.6 |
Facebook, Inc. Class A | 1.5 |
Exxon Mobil Corp. | 1.4 |
Alphabet, Inc. Class C | 1.4 |
Alphabet, Inc. Class A | 1.4 |
21.6 |
Top Market Sectors as of October 31, 2018
% of fund's net assets | |
Information Technology | 21.7 |
Health Care | 15.0 |
Financials | 14.1 |
Communication Services | 10.0 |
Consumer Discretionary | 9.6 |
Industrials | 9.2 |
Consumer Staples | 7.3 |
Energy | 5.5 |
Utilities | 2.7 |
Real Estate | 2.4 |
Asset Allocation (% of fund's net assets)
As of October 31, 2018* | ||
Stocks and Equity Futures | 100.0% |
* Foreign investments - 3.2%
Fidelity ZERO℠ Large Cap Index Fund
Schedule of Investments October 31, 2018
Showing Percentage of Net Assets
Common Stocks - 99.6% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 10.0% | |||
Diversified Telecommunication Services - 1.9% | |||
AT&T, Inc. | 27,527 | $844,528 | |
CenturyLink, Inc. | 4,363 | 90,052 | |
Verizon Communications, Inc. | 18,287 | 1,044,005 | |
1,978,585 | |||
Entertainment - 2.1% | |||
Activision Blizzard, Inc. | 3,392 | 234,218 | |
Electronic Arts, Inc. (a) | 1,382 | 125,734 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (a) | 29 | 748 | |
Liberty Braves Class C (a) | 131 | 3,393 | |
Liberty Formula One Group Series C (a) | 925 | 30,599 | |
Liberty Media Class A (a) | 97 | 3,074 | |
Liberty SiriusXM Series A (a) | 370 | 15,259 | |
Liberty SiriusXM Series C (a) | 773 | 31,902 | |
Netflix, Inc. (a) | 1,941 | 585,755 | |
Take-Two Interactive Software, Inc. (a) | 512 | 65,981 | |
The Walt Disney Co. | 6,771 | 777,514 | |
Twenty-First Century Fox, Inc.: | |||
Class A | 4,690 | 213,489 | |
Class B | 2,004 | 90,541 | |
Viacom, Inc.: | |||
Class A | 35 | 1,238 | |
Class B (non-vtg.) | 1,564 | 50,017 | |
2,229,462 | |||
Interactive Media & Services - 4.5% | |||
Alphabet, Inc.: | |||
Class A (a) | 1,333 | 1,453,743 | |
Class C (a) | 1,357 | 1,461,177 | |
Facebook, Inc. Class A (a) | 10,691 | 1,622,787 | |
IAC/InterActiveCorp (a) | 342 | 67,234 | |
Twitter, Inc. (a) | 2,898 | 100,706 | |
4,705,647 | |||
Media - 1.4% | |||
CBS Corp. Class B | 1,629 | 93,423 | |
Charter Communications, Inc. Class A (a) | 870 | 278,722 | |
Comcast Corp. Class A | 20,914 | 797,660 | |
DISH Network Corp. Class A (a) | 1,028 | 31,601 | |
Interpublic Group of Companies, Inc. | 1,730 | 40,067 | |
Liberty Broadband Corp.: | |||
Class A (a) | 113 | 9,355 | |
Class C (a) | 695 | 57,636 | |
Liberty Global PLC: | |||
Class A (a) | 987 | 25,297 | |
Class C (a) | 2,679 | 67,082 | |
Omnicom Group, Inc. | 1,036 | 76,996 | |
1,477,839 | |||
Wireless Telecommunication Services - 0.1% | |||
T-Mobile U.S., Inc. (a) | 1,308 | 89,663 | |
TOTAL COMMUNICATION SERVICES | 10,481,196 | ||
CONSUMER DISCRETIONARY - 9.6% | |||
Auto Components - 0.2% | |||
Aptiv PLC | 1,199 | 92,083 | |
Autoliv, Inc. | 547 | 45,587 | |
BorgWarner, Inc. | 888 | 34,996 | |
Lear Corp. | 300 | 39,870 | |
212,536 | |||
Automobiles - 0.5% | |||
Ford Motor Co. | 17,534 | 167,450 | |
General Motors Co. | 5,742 | 210,100 | |
Tesla, Inc. (a) | 595 | 200,705 | |
578,255 | |||
Distributors - 0.1% | |||
Genuine Parts Co. | 661 | 64,725 | |
LKQ Corp. (a) | 1,382 | 37,687 | |
102,412 | |||
Hotels, Restaurants & Leisure - 1.9% | |||
ARAMARK Holdings Corp. | 1,090 | 39,153 | |
Carnival Corp. | 1,832 | 102,665 | |
Darden Restaurants, Inc. | 555 | 59,135 | |
Domino's Pizza, Inc. | 197 | 52,952 | |
Hilton Worldwide Holdings, Inc. | 910 | 64,765 | |
Las Vegas Sands Corp. | 1,632 | 83,281 | |
Marriott International, Inc. Class A | 1,375 | 160,724 | |
McDonald's Corp. | 3,574 | 632,241 | |
MGM Mirage, Inc. | 2,294 | 61,204 | |
Norwegian Cruise Line Holdings Ltd. (a) | 792 | 34,903 | |
Royal Caribbean Cruises Ltd. | 770 | 80,642 | |
Starbucks Corp. | 6,379 | 371,704 | |
Wyndham Destinations, Inc. | 1,022 | 36,669 | |
Wynn Resorts Ltd. | 354 | 35,612 | |
Yum! Brands, Inc. | 1,512 | 136,700 | |
1,952,350 | |||
Household Durables - 0.2% | |||
D.R. Horton, Inc. | 1,549 | 55,702 | |
Lennar Corp.: | |||
Class A | 1,202 | 51,662 | |
Class B | 59 | 2,110 | |
Mohawk Industries, Inc. (a) | 278 | 34,675 | |
Newell Brands, Inc. | 2,156 | 34,237 | |
NVR, Inc. (a) | 15 | 33,585 | |
Whirlpool Corp. | 317 | 34,794 | |
246,765 | |||
Internet & Direct Marketing Retail - 3.3% | |||
Amazon.com, Inc. (a) | 1,793 | 2,865,232 | |
eBay, Inc. (a) | 4,362 | 126,629 | |
Expedia, Inc. | 552 | 69,237 | |
Liberty Interactive Corp. QVC Group Series A (a) | 2,101 | 46,096 | |
The Booking Holdings, Inc. (a) | 218 | 408,658 | |
3,515,852 | |||
Leisure Products - 0.0% | |||
Hasbro, Inc. | 503 | 46,130 | |
Multiline Retail - 0.5% | |||
Dollar General Corp. | 1,169 | 130,203 | |
Dollar Tree, Inc. (a) | 1,065 | 89,780 | |
Kohl's Corp. | 758 | 57,403 | |
Target Corp. | 2,437 | 203,806 | |
481,192 | |||
Specialty Retail - 2.2% | |||
AutoZone, Inc. (a) | 124 | 90,950 | |
Best Buy Co., Inc. | 1,143 | 80,193 | |
CarMax, Inc. (a) | 823 | 55,890 | |
Home Depot, Inc. | 5,235 | 920,732 | |
L Brands, Inc. | 1,091 | 35,370 | |
Lowe's Companies, Inc. | 3,734 | 355,551 | |
O'Reilly Automotive, Inc. (a) | 381 | 122,206 | |
Ross Stores, Inc. | 1,730 | 171,270 | |
Tiffany & Co., Inc. | 451 | 50,196 | |
TJX Companies, Inc. | 2,852 | 313,378 | |
Ulta Beauty, Inc. (a) | 262 | 71,924 | |
2,267,660 | |||
Textiles, Apparel & Luxury Goods - 0.7% | |||
Garrett Motion, Inc. (a) | 289 | 4,384 | |
Michael Kors Holdings Ltd. (a) | 673 | 37,291 | |
NIKE, Inc. Class B | 5,894 | 442,286 | |
PVH Corp. | 344 | 41,552 | |
Tapestry, Inc. | 1,282 | 54,241 | |
VF Corp. | 1,475 | 122,248 | |
702,002 | |||
TOTAL CONSUMER DISCRETIONARY | 10,105,154 | ||
CONSUMER STAPLES - 7.3% | |||
Beverages - 1.8% | |||
Brown-Forman Corp. Class B (non-vtg.) | 1,085 | 50,279 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 774 | 154,204 | |
Keurig Dr. Pepper, Inc. | 810 | 21,060 | |
Molson Coors Brewing Co. Class B | 834 | 53,376 | |
Monster Beverage Corp. (a) | 1,850 | 97,773 | |
PepsiCo, Inc. | 6,376 | 716,535 | |
The Coca-Cola Co. | 17,188 | 822,961 | |
1,916,188 | |||
Food & Staples Retailing - 1.6% | |||
Costco Wholesale Corp. | 1,958 | 447,658 | |
Kroger Co. | 3,990 | 118,742 | |
Sysco Corp. | 2,149 | 153,288 | |
Walgreens Boots Alliance, Inc. | 3,893 | 310,545 | |
Walmart, Inc. | 6,561 | 657,937 | |
1,688,170 | |||
Food Products - 1.1% | |||
Archer Daniels Midland Co. | 2,506 | 118,409 | |
Bunge Ltd. | 622 | 38,440 | |
Conagra Brands, Inc. | 1,837 | 65,397 | |
General Mills, Inc. | 2,553 | 111,821 | |
Ingredion, Inc. | 319 | 32,276 | |
Kellogg Co. | 1,117 | 73,141 | |
McCormick & Co., Inc. (non-vtg.) | 537 | 77,328 | |
Mondelez International, Inc. | 6,700 | 281,266 | |
The Hershey Co. | 634 | 67,933 | |
The J.M. Smucker Co. | 512 | 55,460 | |
The Kraft Heinz Co. | 2,681 | 147,375 | |
Tyson Foods, Inc. Class A | 1,337 | 80,113 | |
1,148,959 | |||
Household Products - 1.5% | |||
Church & Dwight Co., Inc. | 1,122 | 66,613 | |
Clorox Co. | 579 | 85,953 | |
Colgate-Palmolive Co. | 3,937 | 234,448 | |
Kimberly-Clark Corp. | 1,578 | 164,585 | |
Procter & Gamble Co. | 11,422 | 1,012,903 | |
1,564,502 | |||
Personal Products - 0.2% | |||
Coty, Inc. Class A | 2,136 | 22,535 | |
Estee Lauder Companies, Inc. Class A | 1,004 | 137,990 | |
160,525 | |||
Tobacco - 1.1% | |||
Altria Group, Inc. | 8,552 | 556,222 | |
Philip Morris International, Inc. | 6,962 | 613,143 | |
1,169,365 | |||
TOTAL CONSUMER STAPLES | 7,647,709 | ||
ENERGY - 5.5% | |||
Energy Equipment & Services - 0.6% | |||
Baker Hughes, a GE Co. Class A | 1,891 | 50,471 | |
Halliburton Co. | 3,927 | 136,188 | |
National Oilwell Varco, Inc. | 1,710 | 62,928 | |
Schlumberger Ltd. | 6,220 | 319,148 | |
TechnipFMC PLC | 1,941 | 51,048 | |
619,783 | |||
Oil, Gas & Consumable Fuels - 4.9% | |||
Anadarko Petroleum Corp. | 2,456 | 130,659 | |
Apache Corp. | 1,713 | 64,803 | |
Cabot Oil & Gas Corp. | 2,045 | 49,550 | |
Cheniere Energy, Inc. (a) | 894 | 54,007 | |
Chevron Corp. | 8,516 | 950,811 | |
Cimarex Energy Co. | 424 | 33,695 | |
Concho Resources, Inc. (a) | 668 | 92,912 | |
ConocoPhillips Co. | 5,361 | 374,734 | |
Devon Energy Corp. | 2,366 | 76,658 | |
Diamondback Energy, Inc. | 443 | 49,775 | |
EOG Resources, Inc. | 2,594 | 273,252 | |
EQT Corp. | 1,083 | 36,790 | |
Exxon Mobil Corp. | 18,996 | 1,513,601 | |
Hess Corp. | 1,197 | 68,708 | |
Kinder Morgan, Inc. | 8,619 | 146,695 | |
Marathon Oil Corp. | 3,819 | 72,523 | |
Marathon Petroleum Corp. | 2,191 | 154,356 | |
Noble Energy, Inc. | 2,189 | 54,397 | |
Occidental Petroleum Corp. | 3,432 | 230,184 | |
ONEOK, Inc. | 1,842 | 120,835 | |
Phillips 66 Co. | 1,928 | 198,237 | |
Pioneer Natural Resources Co. | 764 | 112,514 | |
Targa Resources Corp. | 972 | 50,223 | |
The Williams Companies, Inc. | 3,714 | 90,362 | |
Valero Energy Corp. | 1,962 | 178,719 | |
5,179,000 | |||
TOTAL ENERGY | 5,798,783 | ||
FINANCIALS - 14.1% | |||
Banks - 6.1% | |||
Bank of America Corp. | 43,482 | 1,195,755 | |
BB&T Corp. | 3,539 | 173,977 | |
Citigroup, Inc. | 11,852 | 775,832 | |
Citizens Financial Group, Inc. | 2,186 | 81,647 | |
Comerica, Inc. | 784 | 63,943 | |
East West Bancorp, Inc. | 662 | 34,715 | |
Fifth Third Bancorp | 3,176 | 85,720 | |
First Republic Bank | 710 | 64,603 | |
Huntington Bancshares, Inc. | 4,877 | 69,887 | |
JPMorgan Chase & Co. | 15,552 | 1,695,479 | |
KeyCorp | 4,784 | 86,877 | |
M&T Bank Corp. | 676 | 111,817 | |
PNC Financial Services Group, Inc. | 2,134 | 274,198 | |
Regions Financial Corp. | 5,174 | 87,803 | |
SunTrust Banks, Inc. | 2,137 | 133,904 | |
SVB Financial Group (a) | 237 | 56,224 | |
U.S. Bancorp | 7,065 | 369,288 | |
Wells Fargo & Co. | 19,868 | 1,057,574 | |
Zions Bancorporation | 904 | 42,533 | |
6,461,776 | |||
Capital Markets - 2.8% | |||
Affiliated Managers Group, Inc. | 253 | 28,756 | |
Ameriprise Financial, Inc. | 665 | 84,615 | |
Bank of New York Mellon Corp. | 4,592 | 217,339 | |
BlackRock, Inc. Class A | 553 | 227,515 | |
Cboe Global Markets, Inc. | 510 | 57,554 | |
Charles Schwab Corp. | 5,350 | 247,384 | |
CME Group, Inc. | 1,525 | 279,441 | |
E*TRADE Financial Corp. | 1,217 | 60,144 | |
Franklin Resources, Inc. | 1,452 | 44,286 | |
Goldman Sachs Group, Inc. | 1,574 | 354,732 | |
IntercontinentalExchange, Inc. | 2,622 | 201,999 | |
Invesco Ltd. | 1,809 | 39,273 | |
Moody's Corp. | 746 | 108,528 | |
Morgan Stanley | 6,245 | 285,147 | |
MSCI, Inc. | 404 | 60,754 | |
Northern Trust Corp. | 964 | 90,683 | |
Raymond James Financial, Inc. | 579 | 44,404 | |
S&P Global, Inc. | 1,143 | 208,392 | |
SEI Investments Co. | 586 | 31,322 | |
State Street Corp. | 1,665 | 114,469 | |
T. Rowe Price Group, Inc. | 1,087 | 105,428 | |
TD Ameritrade Holding Corp. | 1,222 | 63,202 | |
2,955,367 | |||
Consumer Finance - 0.8% | |||
Ally Financial, Inc. | 2,011 | 51,100 | |
American Express Co. | 3,228 | 331,612 | |
Capital One Financial Corp. | 2,173 | 194,049 | |
Discover Financial Services | 1,630 | 113,562 | |
Synchrony Financial | 3,305 | 95,448 | |
785,771 | |||
Diversified Financial Services - 1.9% | |||
Berkshire Hathaway, Inc. Class B (a) | 8,623 | 1,770,129 | |
Linde PLC | 1,253 | 207,334 | |
1,977,463 | |||
Insurance - 2.4% | |||
AFLAC, Inc. | 3,523 | 151,736 | |
Allstate Corp. | 1,610 | 154,109 | |
American International Group, Inc. | 4,032 | 166,481 | |
Aon PLC | 1,120 | 174,922 | |
Arch Capital Group Ltd. (a) | 1,775 | 50,357 | |
Arthur J. Gallagher & Co. | 801 | 59,282 | |
Chubb Ltd. | 2,082 | 260,063 | |
Cincinnati Financial Corp. | 674 | 53,003 | |
Everest Re Group Ltd. | 181 | 39,433 | |
FNF Group | 1,207 | 40,374 | |
Hartford Financial Services Group, Inc. | 1,604 | 72,854 | |
Lincoln National Corp. | 988 | 59,468 | |
Loews Corp. | 1,246 | 58,014 | |
Markel Corp. (a) | 63 | 68,874 | |
Marsh & McLennan Companies, Inc. | 2,288 | 193,908 | |
MetLife, Inc. | 4,721 | 194,458 | |
Principal Financial Group, Inc. | 1,208 | 56,861 | |
Progressive Corp. | 2,607 | 181,708 | |
Prudential Financial, Inc. | 1,903 | 178,463 | |
Reinsurance Group of America, Inc. | 286 | 40,718 | |
The Travelers Companies, Inc. | 1,229 | 153,785 | |
Torchmark Corp. | 480 | 40,637 | |
Unum Group | 996 | 36,115 | |
Willis Group Holdings PLC | 593 | 84,894 | |
2,570,517 | |||
Mortgage Real Estate Investment Trusts - 0.1% | |||
Annaly Capital Management, Inc. | 5,145 | 50,781 | |
TOTAL FINANCIALS | 14,801,675 | ||
HEALTH CARE - 15.0% | |||
Biotechnology - 2.6% | |||
AbbVie, Inc. | 7,149 | 556,550 | |
Alexion Pharmaceuticals, Inc. (a) | 1,003 | 112,406 | |
Alkermes PLC (a) | 679 | 27,724 | |
Alnylam Pharmaceuticals, Inc. (a) | 361 | 29,035 | |
Amgen, Inc. | 3,256 | 627,724 | |
Biogen, Inc. (a) | 949 | 288,752 | |
BioMarin Pharmaceutical, Inc. (a) | 789 | 72,722 | |
bluebird bio, Inc. (a) | 217 | 24,890 | |
Celgene Corp. (a) | 3,533 | 252,963 | |
Gilead Sciences, Inc. | 5,859 | 399,467 | |
Incyte Corp. (a) | 773 | 50,106 | |
Regeneron Pharmaceuticals, Inc. (a) | 345 | 117,038 | |
Vertex Pharmaceuticals, Inc. (a) | 1,134 | 192,168 | |
2,751,545 | |||
Health Care Equipment & Supplies - 3.1% | |||
Abbott Laboratories | 7,802 | 537,870 | |
Abiomed, Inc. (a) | 189 | 64,487 | |
Align Technology, Inc. (a) | 324 | 71,669 | |
Baxter International, Inc. | 2,250 | 140,648 | |
Becton, Dickinson & Co. | 1,189 | 274,065 | |
Boston Scientific Corp. (a) | 6,159 | 222,586 | |
Danaher Corp. | 2,745 | 272,853 | |
Dentsply Sirona, Inc. | 1,017 | 35,219 | |
Edwards Lifesciences Corp. (a) | 949 | 140,072 | |
Hologic, Inc. (a) | 1,245 | 48,543 | |
IDEXX Laboratories, Inc. (a) | 391 | 82,939 | |
Intuitive Surgical, Inc. (a) | 502 | 261,632 | |
Medtronic PLC | 6,068 | 545,028 | |
ResMed, Inc. | 637 | 67,471 | |
Stryker Corp. | 1,444 | 234,246 | |
Teleflex, Inc. | 199 | 47,907 | |
The Cooper Companies, Inc. | 221 | 57,087 | |
Varian Medical Systems, Inc. (a) | 406 | 48,464 | |
Zimmer Biomet Holdings, Inc. | 909 | 103,253 | |
3,256,039 | |||
Health Care Providers & Services - 3.4% | |||
Aetna, Inc. | 1,462 | 290,061 | |
AmerisourceBergen Corp. | 724 | 63,712 | |
Anthem, Inc. | 1,151 | 317,181 | |
Cardinal Health, Inc. | 1,414 | 71,548 | |
Centene Corp. (a) | 774 | 100,868 | |
Cigna Corp. | 1,106 | 236,474 | |
CVS Health Corp. | 4,544 | 328,940 | |
DaVita HealthCare Partners, Inc. (a) | 670 | 45,118 | |
Express Scripts Holding Co. (a) | 2,539 | 246,207 | |
HCA Holdings, Inc. | 1,270 | 169,583 | |
Henry Schein, Inc. (a) | 706 | 58,598 | |
Humana, Inc. | 640 | 205,062 | |
Laboratory Corp. of America Holdings (a) | 458 | 73,532 | |
McKesson Corp. | 936 | 116,775 | |
Quest Diagnostics, Inc. | 613 | 57,689 | |
UnitedHealth Group, Inc. | 4,344 | 1,135,304 | |
Universal Health Services, Inc. Class B | 388 | 47,165 | |
3,563,817 | |||
Health Care Technology - 0.1% | |||
Cerner Corp. (a) | 1,419 | 81,280 | |
Life Sciences Tools & Services - 0.9% | |||
Agilent Technologies, Inc. | 1,445 | 93,622 | |
Illumina, Inc. (a) | 655 | 203,803 | |
Mettler-Toledo International, Inc. (a) | 115 | 62,884 | |
Quintiles Transnational Holdings, Inc. (a) | 654 | 80,396 | |
Thermo Fisher Scientific, Inc. | 1,797 | 419,869 | |
Waters Corp. (a) | 358 | 67,909 | |
928,483 | |||
Pharmaceuticals - 4.9% | |||
Allergan PLC | 1,492 | 235,751 | |
Bristol-Myers Squibb Co. | 7,339 | 370,913 | |
Eli Lilly & Co. | 4,343 | 470,955 | |
Johnson & Johnson | 12,044 | 1,686,040 | |
Merck & Co., Inc. | 12,261 | 902,532 | |
Mylan NV (a) | 2,410 | 75,313 | |
Nektar Therapeutics (a) | 694 | 26,844 | |
Perrigo Co. PLC | 579 | 40,704 | |
Pfizer, Inc. | 26,718 | 1,150,477 | |
Zoetis, Inc. Class A | 2,186 | 197,068 | |
5,156,597 | |||
TOTAL HEALTH CARE | 15,737,761 | ||
INDUSTRIALS - 9.2% | |||
Aerospace & Defense - 2.6% | |||
Arconic, Inc. | 1,874 | 38,098 | |
General Dynamics Corp. | 1,245 | 214,862 | |
Harris Corp. | 536 | 79,709 | |
Huntington Ingalls Industries, Inc. | 205 | 44,788 | |
L3 Technologies, Inc. | 351 | 66,504 | |
Lockheed Martin Corp. | 1,118 | 328,524 | |
Northrop Grumman Corp. | 781 | 204,583 | |
Raytheon Co. | 1,296 | 226,852 | |
Rockwell Collins, Inc. | 731 | 93,583 | |
Spirit AeroSystems Holdings, Inc. Class A | 512 | 43,013 | |
Textron, Inc. | 1,183 | 63,444 | |
The Boeing Co. | 2,510 | 890,699 | |
TransDigm Group, Inc. (a) | 217 | 71,664 | |
United Technologies Corp. | 3,328 | 413,371 | |
2,779,694 | |||
Air Freight & Logistics - 0.6% | |||
C.H. Robinson Worldwide, Inc. | 625 | 55,644 | |
Expeditors International of Washington, Inc. | 799 | 53,677 | |
FedEx Corp. | 1,107 | 243,916 | |
United Parcel Service, Inc. Class B | 3,079 | 328,037 | |
681,274 | |||
Airlines - 0.4% | |||
American Airlines Group, Inc. | 1,915 | 67,178 | |
Delta Air Lines, Inc. | 2,942 | 161,016 | |
Southwest Airlines Co. | 2,447 | 120,148 | |
United Continental Holdings, Inc. (a) | 1,129 | 96,541 | |
444,883 | |||
Building Products - 0.3% | |||
A.O. Smith Corp. | 667 | 30,369 | |
Fortune Brands Home & Security, Inc. | 704 | 31,560 | |
Johnson Controls International PLC | 4,153 | 132,771 | |
Masco Corp. | 1,429 | 42,870 | |
Owens Corning | 505 | 23,871 | |
Resideo Technologies, Inc. (a) | 541 | 11,388 | |
272,829 | |||
Commercial Services & Supplies - 0.3% | |||
Cintas Corp. | 387 | 70,384 | |
Copart, Inc. (a) | 893 | 43,677 | |
Republic Services, Inc. | 1,009 | 73,334 | |
Waste Management, Inc. | 1,795 | 160,599 | |
347,994 | |||
Electrical Equipment - 0.6% | |||
AMETEK, Inc. | 1,024 | 68,690 | |
Eaton Corp. PLC | 1,976 | 141,620 | |
Emerson Electric Co. | 2,875 | 195,155 | |
Fortive Corp. | 1,372 | 101,871 | |
Rockwell Automation, Inc. | 577 | 95,049 | |
602,385 | |||
Industrial Conglomerates - 1.5% | |||
3M Co. | 2,675 | 508,946 | |
General Electric Co. | 38,884 | 392,728 | |
Honeywell International, Inc. | 3,413 | 494,271 | |
Roper Technologies, Inc. | 459 | 129,851 | |
1,525,796 | |||
Machinery - 1.3% | |||
Caterpillar, Inc. | 2,667 | 323,560 | |
Cummins, Inc. | 701 | 95,820 | |
Deere & Co. | 1,435 | 194,356 | |
Dover Corp. | 887 | 73,479 | |
IDEX Corp. | 340 | 43,119 | |
Illinois Tool Works, Inc. | 1,383 | 176,429 | |
Ingersoll-Rand PLC | 1,120 | 107,453 | |
PACCAR, Inc. | 1,579 | 90,335 | |
Parker Hannifin Corp. | 598 | 90,675 | |
Pentair PLC | 1,105 | 44,366 | |
Stanley Black & Decker, Inc. | 690 | 80,399 | |
Xylem, Inc. | 795 | 52,136 | |
1,372,127 | |||
Professional Services - 0.3% | |||
CoStar Group, Inc. (a) | 163 | 58,911 | |
Equifax, Inc. | 541 | 54,879 | |
IHS Markit Ltd. (a) | 1,619 | 85,046 | |
Nielsen Holdings PLC | 1,481 | 38,476 | |
Verisk Analytics, Inc. (a) | 691 | 82,809 | |
320,121 | |||
Road & Rail - 1.1% | |||
CSX Corp. | 4,006 | 275,853 | |
J.B. Hunt Transport Services, Inc. | 382 | 42,253 | |
Kansas City Southern | 468 | 47,717 | |
Norfolk Southern Corp. | 1,283 | 215,326 | |
Old Dominion Freight Lines, Inc. | 305 | 39,778 | |
Union Pacific Corp. | 3,527 | 515,718 | |
1,136,645 | |||
Trading Companies & Distributors - 0.2% | |||
Fastenal Co. | 1,292 | 66,422 | |
United Rentals, Inc. (a) | 378 | 45,386 | |
W.W. Grainger, Inc. | 233 | 66,165 | |
177,973 | |||
TOTAL INDUSTRIALS | 9,661,721 | ||
INFORMATION TECHNOLOGY - 21.7% | |||
Communications Equipment - 1.2% | |||
Arista Networks, Inc. (a) | 207 | 47,682 | |
Cisco Systems, Inc. | 22,162 | 1,013,912 | |
Juniper Networks, Inc. | 1,694 | 49,583 | |
Motorola Solutions, Inc. | 728 | 89,224 | |
Palo Alto Networks, Inc. (a) | 413 | 75,596 | |
1,275,997 | |||
Electronic Equipment & Components - 0.5% | |||
Amphenol Corp. Class A | 1,372 | 122,794 | |
CDW Corp. | 689 | 62,017 | |
Cognex Corp. | 770 | 32,987 | |
Corning, Inc. | 3,903 | 124,701 | |
Dell Technologies, Inc. (a) | 912 | 82,436 | |
TE Connectivity Ltd. | 1,581 | 119,239 | |
Trimble, Inc. (a) | 1,120 | 41,866 | |
586,040 | |||
IT Services - 4.9% | |||
Accenture PLC Class A | 2,769 | 436,450 | |
Akamai Technologies, Inc. (a) | 751 | 54,260 | |
Alliance Data Systems Corp. | 213 | 43,916 | |
Amdocs Ltd. | 648 | 40,999 | |
Automatic Data Processing, Inc. | 1,988 | 286,431 | |
Broadridge Financial Solutions, Inc. | 524 | 61,277 | |
Cognizant Technology Solutions Corp. Class A | 2,646 | 182,653 | |
DXC Technology Co. | 1,470 | 107,060 | |
Fidelity National Information Services, Inc. | 1,498 | 155,942 | |
Fiserv, Inc. (a) | 1,870 | 148,291 | |
FleetCor Technologies, Inc. (a) | 403 | 80,612 | |
Gartner, Inc. (a) | 408 | 60,188 | |
Global Payments, Inc. | 716 | 81,789 | |
IBM Corp. | 3,860 | 445,560 | |
Jack Henry & Associates, Inc. | 349 | 52,291 | |
Leidos Holdings, Inc. | 631 | 40,876 | |
MasterCard, Inc. Class A | 4,163 | 822,900 | |
Paychex, Inc. | 1,435 | 93,978 | |
PayPal Holdings, Inc. (a) | 5,066 | 426,507 | |
Square, Inc. (a) | 1,206 | 88,581 | |
The Western Union Co. | 2,049 | 36,964 | |
Total System Services, Inc. | 753 | 68,636 | |
VeriSign, Inc. (a) | 381 | 54,308 | |
Visa, Inc. Class A | 8,127 | 1,120,307 | |
Worldpay, Inc. (a) | 1,332 | 122,331 | |
5,113,107 | |||
Semiconductors & Semiconductor Equipment - 3.7% | |||
Advanced Micro Devices, Inc. (a) | 3,678 | 66,976 | |
Analog Devices, Inc. | 1,657 | 138,707 | |
Applied Materials, Inc. | 4,788 | 157,429 | |
Broadcom, Inc. | 1,823 | 407,422 | |
Intel Corp. | 20,982 | 983,636 | |
KLA-Tencor Corp. | 705 | 64,536 | |
Lam Research Corp. | 728 | 103,179 | |
Marvell Technology Group Ltd. | 1,907 | 31,294 | |
Maxim Integrated Products, Inc. | 1,265 | 63,275 | |
Microchip Technology, Inc. | 1,052 | 69,201 | |
Micron Technology, Inc. (a) | 5,173 | 195,126 | |
NVIDIA Corp. | 2,717 | 572,825 | |
ON Semiconductor Corp. (a) | 1,925 | 32,725 | |
Qorvo, Inc. (a) | 565 | 41,533 | |
Qualcomm, Inc. | 6,610 | 415,703 | |
Skyworks Solutions, Inc. | 815 | 70,709 | |
Texas Instruments, Inc. | 4,419 | 410,216 | |
Xilinx, Inc. | 1,127 | 96,212 | |
3,920,704 | |||
Software - 6.1% | |||
Adobe, Inc. (a) | 2,210 | 543,130 | |
ANSYS, Inc. (a) | 382 | 57,128 | |
Autodesk, Inc. (a) | 986 | 127,441 | |
CA Technologies, Inc. | 1,408 | 62,459 | |
Cadence Design Systems, Inc. (a) | 1,253 | 55,846 | |
Citrix Systems, Inc. | 634 | 64,966 | |
Intuit, Inc. | 1,088 | 229,568 | |
Microsoft Corp. | 34,583 | 3,693,810 | |
Oracle Corp. | 13,660 | 667,154 | |
Red Hat, Inc. (a) | 794 | 136,282 | |
Salesforce.com, Inc. (a) | 3,076 | 422,150 | |
ServiceNow, Inc. (a) | 776 | 140,487 | |
Splunk, Inc. (a) | 629 | 62,799 | |
Symantec Corp. | 2,740 | 49,731 | |
Synopsys, Inc. (a) | 677 | 60,612 | |
Workday, Inc. Class A (a) | 603 | 80,211 | |
6,453,774 | |||
Technology Hardware, Storage & Peripherals - 5.3% | |||
Apple, Inc. | 23,017 | 5,037,499 | |
Hewlett Packard Enterprise Co. | 7,156 | 109,129 | |
HP, Inc. | 7,487 | 180,736 | |
NetApp, Inc. | 1,209 | 94,894 | |
Seagate Technology LLC | 1,298 | 52,219 | |
Western Digital Corp. | 1,328 | 57,197 | |
5,531,674 | |||
TOTAL INFORMATION TECHNOLOGY | 22,881,296 | ||
MATERIALS - 2.1% | |||
Chemicals - 1.5% | |||
Air Products & Chemicals, Inc. | 979 | 151,109 | |
Albemarle Corp. U.S. | 488 | 48,419 | |
Celanese Corp. Class A | 611 | 59,230 | |
CF Industries Holdings, Inc. | 1,029 | 49,423 | |
DowDuPont, Inc. | 10,495 | 565,890 | |
Eastman Chemical Co. | 650 | 50,928 | |
Ecolab, Inc. | 1,166 | 178,573 | |
FMC Corp. | 607 | 47,395 | |
International Flavors & Fragrances, Inc. | 357 | 51,644 | |
LyondellBasell Industries NV Class A | 1,452 | 129,620 | |
PPG Industries, Inc. | 1,144 | 120,223 | |
Sherwin-Williams Co. | 370 | 145,584 | |
1,598,038 | |||
Construction Materials - 0.1% | |||
Martin Marietta Materials, Inc. | 285 | 48,815 | |
Vulcan Materials Co. | 586 | 59,268 | |
108,083 | |||
Containers & Packaging - 0.3% | |||
Avery Dennison Corp. | 394 | 35,744 | |
Ball Corp. | 1,578 | 70,694 | |
International Paper Co. | 1,861 | 84,415 | |
Packaging Corp. of America | 418 | 38,377 | |
WestRock Co. | 1,128 | 48,470 | |
277,700 | |||
Metals & Mining - 0.2% | |||
Freeport-McMoRan, Inc. | 6,047 | 70,448 | |
Newmont Mining Corp. | 2,396 | 74,084 | |
Nucor Corp. | 1,430 | 84,542 | |
Steel Dynamics, Inc. | 1,044 | 41,342 | |
270,416 | |||
TOTAL MATERIALS | 2,254,237 | ||
REAL ESTATE - 2.4% | |||
Equity Real Estate Investment Trusts (REITs) - 2.3% | |||
Alexandria Real Estate Equities, Inc. | 448 | 54,759 | |
American Tower Corp. | 1,922 | 299,467 | |
AvalonBay Communities, Inc. | 620 | 108,736 | |
Boston Properties, Inc. | 695 | 83,928 | |
Crown Castle International Corp. | 1,821 | 198,016 | |
Digital Realty Trust, Inc. | 922 | 95,206 | |
Equinix, Inc. | 350 | 132,559 | |
Equity Residential (SBI) | 1,651 | 107,249 | |
Essex Property Trust, Inc. | 297 | 74,482 | |
Extra Space Storage, Inc. | 570 | 51,334 | |
HCP, Inc. | 2,122 | 58,461 | |
Host Hotels & Resorts, Inc. | 3,326 | 63,560 | |
Iron Mountain, Inc. | 1,248 | 38,201 | |
Mid-America Apartment Communities, Inc. | 504 | 49,246 | |
Prologis, Inc. | 2,388 | 153,954 | |
Public Storage | 671 | 137,870 | |
Realty Income Corp. | 1,267 | 76,362 | |
SBA Communications Corp. Class A (a) | 528 | 85,626 | |
Simon Property Group, Inc. | 1,394 | 255,827 | |
Ventas, Inc. | 1,601 | 92,922 | |
Vornado Realty Trust | 764 | 52,013 | |
Welltower, Inc. | 1,663 | 109,874 | |
Weyerhaeuser Co. | 3,389 | 90,249 | |
2,469,901 | |||
Real Estate Management & Development - 0.1% | |||
CBRE Group, Inc. (a) | 1,335 | 53,787 | |
TOTAL REAL ESTATE | 2,523,688 | ||
UTILITIES - 2.7% | |||
Electric Utilities - 1.7% | |||
American Electric Power Co., Inc. | 2,203 | 161,612 | |
Duke Energy Corp. | 3,135 | 259,045 | |
Edison International | 1,461 | 101,379 | |
Entergy Corp. | 813 | 68,251 | |
Eversource Energy | 1,421 | 89,892 | |
Exelon Corp. | 4,299 | 188,339 | |
FirstEnergy Corp. | 2,004 | 74,709 | |
NextEra Energy, Inc. | 2,106 | 363,285 | |
PG&E Corp. | 2,302 | 107,757 | |
PPL Corp. | 3,069 | 93,298 | |
Southern Co. | 4,501 | 202,680 | |
Xcel Energy, Inc. | 2,281 | 111,792 | |
1,822,039 | |||
Multi-Utilities - 0.9% | |||
Ameren Corp. | 1,086 | 70,134 | |
CenterPoint Energy, Inc. | 1,946 | 52,561 | |
CMS Energy Corp. | 1,269 | 62,841 | |
Consolidated Edison, Inc. | 1,391 | 105,716 | |
Dominion Resources, Inc. | 2,883 | 205,904 | |
DTE Energy Co. | 804 | 90,370 | |
Public Service Enterprise Group, Inc. | 2,266 | 121,072 | |
Sempra Energy | 1,125 | 123,885 | |
WEC Energy Group, Inc. | 1,414 | 96,718 | |
929,201 | |||
Water Utilities - 0.1% | |||
American Water Works Co., Inc. | 799 | 70,735 | |
TOTAL UTILITIES | 2,821,975 | ||
TOTAL COMMON STOCKS | |||
(Cost $109,766,865) | 104,715,195 | ||
Money Market Funds - 2.2% | |||
Fidelity Cash Central Fund, 2.23% (b) | |||
(Cost $2,368,623) | 2,368,150 | 2,368,623 | |
TOTAL INVESTMENT IN SECURITIES - 101.8% | |||
(Cost $112,135,488) | 107,083,818 | ||
NET OTHER ASSETS (LIABILITIES) - (1.8)% | (1,909,314) | ||
NET ASSETS - 100% | $105,174,504 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 3 | Dec. 2018 | $406,665 | $10,322 | $10,322 |
The notional amount of futures purchased as a percentage of Net Assets is 0.4%
Legend
(a) Non-income producing
(b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $10,082 |
Fidelity Securities Lending Cash Central Fund | 6 |
Total | $10,088 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of October 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $10,481,196 | $10,481,196 | $-- | $-- |
Consumer Discretionary | 10,105,154 | 10,105,154 | -- | -- |
Consumer Staples | 7,647,709 | 7,647,709 | -- | -- |
Energy | 5,798,783 | 5,798,783 | -- | -- |
Financials | 14,801,675 | 14,801,675 | -- | -- |
Health Care | 15,737,761 | 15,737,761 | -- | -- |
Industrials | 9,661,721 | 9,661,721 | -- | -- |
Information Technology | 22,881,296 | 22,881,296 | -- | -- |
Materials | 2,254,237 | 2,254,237 | -- | -- |
Real Estate | 2,523,688 | 2,523,688 | -- | -- |
Utilities | 2,821,975 | 2,821,975 | -- | -- |
Money Market Funds | 2,368,623 | 2,368,623 | -- | -- |
Total Investments in Securities: | $107,083,818 | $107,083,818 | $-- | $-- |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $10,322 | $10,322 | $-- | $-- |
Total Assets | $10,322 | $10,322 | $-- | $-- |
Total Derivative Instruments: | $10,322 | $10,322 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of October 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $10,322 | $0 |
Total Equity Risk | 10,322 | 0 |
Total Value of Derivatives | $10,322 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity ZERO℠ Large Cap Index Fund
Financial Statements
Statement of Assets and Liabilities
October 31, 2018 | ||
Assets | ||
Investment in securities, at value See accompanying schedule: Unaffiliated issuers (cost $109,766,865) | $104,715,195 | |
Fidelity Central Funds (cost $2,368,623) | 2,368,623 | |
Total Investment in Securities (cost $112,135,488) | $107,083,818 | |
Segregated cash with brokers for derivative instruments | 18,000 | |
Cash | 12,376 | |
Receivable for investments sold | 3,948 | |
Receivable for fund shares sold | 2,833,963 | |
Dividends receivable | 61,969 | |
Distributions receivable from Fidelity Central Funds | 6,213 | |
Receivable for daily variation margin on futures contracts | 3,870 | |
Total assets | 110,024,157 | |
Liabilities | ||
Payable for investments purchased | $4,569,301 | |
Payable for fund shares redeemed | 280,352 | |
Total liabilities | 4,849,653 | |
Net Assets | $105,174,504 | |
Net Assets consist of: | ||
Paid in capital | $110,135,643 | |
Total distributable earnings (loss) | (4,961,139) | |
Net Assets, for 11,247,750 shares outstanding | $105,174,504 | |
Net Asset Value, offering price and redemption price per share ($105,174,504 ÷ 11,247,750 shares) | $9.35 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
For the period September 13, 2018 (commencement of operations) to October 31, 2018 |
||
Investment Income | ||
Dividends | $88,389 | |
Income from Fidelity Central Funds | 10,088 | |
Total income | 98,477 | |
Expenses | ||
Independent trustees' fees and expenses | $7 | |
Total expenses | 7 | |
Net investment income (loss) | 98,470 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (944) | |
Futures contracts | (14,417) | |
Total net realized gain (loss) | (15,361) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | (5,051,670) | |
Futures contracts | 10,322 | |
Total change in net unrealized appreciation (depreciation) | (5,041,348) | |
Net gain (loss) | (5,056,709) | |
Net increase (decrease) in net assets resulting from operations | $(4,958,239) |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
For the period September 13, 2018 (commencement of operations) to October 31, 2018 |
|
Increase (Decrease) in Net Assets | |
Operations | |
Net investment income (loss) | $98,470 |
Net realized gain (loss) | (15,361) |
Change in net unrealized appreciation (depreciation) | (5,041,348) |
Net increase (decrease) in net assets resulting from operations | (4,958,239) |
Share transactions | |
Proceeds from sales of shares | 113,838,139 |
Cost of shares redeemed | (3,705,396) |
Net increase (decrease) in net assets resulting from share transactions | 110,132,743 |
Total increase (decrease) in net assets | 105,174,504 |
Net Assets | |
Beginning of period | |
End of period | $105,174,504 |
Other Information | |
Shares | |
Sold | 11,641,079 |
Redeemed | (393,329) |
Net increase (decrease) | 11,247,750 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity ZERO Large Cap Index Fund
Year ended October 31, | 2018 A |
Selected PerShare Data | |
Net asset value, beginning of period | $10.00 |
Income from Investment Operations | |
Net investment income (loss)B | .02 |
Net realized and unrealized gain (loss) | (.67) |
Total from investment operations | (.65) |
Net asset value, end of period | $9.35 |
Total ReturnC | (6.50)% |
Ratios to Average Net AssetsD,E | |
Expenses before reductionsF | - %G |
Expenses net of fee waivers, if anyF | - %G |
Expenses net of all reductionsF | - %G |
Net investment income (loss) | 1.29%G |
Supplemental Data | |
Net assets, end of period (000 omitted) | $105,175 |
Portfolio turnover rateH | 1%I |
A For the period September 13, 2018 (commencement of operations) to October 31, 2018.
B Calculated based on average shares outstanding during the period.
C Total returns for periods of less than one year are not annualized.
D Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
E Expense ratios reflect operating expenses of the Fund. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the Fund during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the Fund.
F Amount represents less than .005%.
G Annualized
H Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
I Amount not annualized.
See accompanying notes which are an integral part of the financial statements.
Fidelity ZERO℠ Total Market Index Fund
Investment Summary (Unaudited)
Top Five Stocks as of October 31, 2018
% of fund's net assets | |
Apple, Inc. | 4.1 |
Microsoft Corp. | 3.0 |
Amazon.com, Inc. | 2.3 |
Berkshire Hathaway, Inc. Class B | 1.4 |
JPMorgan Chase & Co. | 1.4 |
12.2 |
Top Five Market Sectors as of October 31, 2018
% of fund's net assets | |
Information Technology | 20.7 |
Health Care | 14.5 |
Financials | 14.3 |
Consumer Discretionary | 10.2 |
Industrials | 10.0 |
Asset Allocation (% of fund's net assets)
As of October 31, 2018* | ||
Stocks and Equity Futures | 100.0% |
* Foreign investments - 3.7%
Fidelity ZERO℠ Total Market Index Fund
Schedule of Investments October 31, 2018
Showing Percentage of Net Assets
Common Stocks - 99.8% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 9.0% | |||
Diversified Telecommunication Services - 1.7% | |||
AT&T, Inc. | 303,711 | $9,317,853 | |
Atlantic Tele-Network, Inc. | 443 | 37,429 | |
CenturyLink, Inc. | 48,532 | 1,001,700 | |
Cincinnati Bell, Inc. (a) | 1,962 | 27,841 | |
Cogent Communications Group, Inc. | 2,314 | 120,282 | |
Consolidated Communications Holdings, Inc. (b) | 2,828 | 35,407 | |
Frontier Communications Corp. (b) | 3,102 | 14,921 | |
Globalstar, Inc. (a) | 7,659 | 2,663 | |
IDT Corp. Class B | 339 | 2,387 | |
Intelsat SA (a) | 1,905 | 49,644 | |
Iridium Communications, Inc. (a) | 4,168 | 82,568 | |
ORBCOMM, Inc. (a) | 3,748 | 35,718 | |
Verizon Communications, Inc. | 201,733 | 11,516,937 | |
Vonage Holdings Corp. (a) | 9,723 | 128,927 | |
WideOpenWest, Inc. (a) | 380 | 3,701 | |
Windstream Holdings, Inc. (a) | 719 | 2,962 | |
Zayo Group Holdings, Inc. (a) | 9,784 | 292,346 | |
22,673,286 | |||
Entertainment - 1.9% | |||
Activision Blizzard, Inc. | 37,533 | 2,591,654 | |
AMC Entertainment Holdings, Inc. Class A | 3,103 | 59,764 | |
Cinemark Holdings, Inc. | 5,298 | 220,238 | |
Electronic Arts, Inc. (a) | 15,333 | 1,394,996 | |
Glu Mobile, Inc. (a) | 4,161 | 29,335 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (a) | 1,379 | 35,578 | |
Liberty Braves Class C (a) | 415 | 10,749 | |
Liberty Formula One Group Series C (a) | 11,018 | 364,475 | |
Liberty Media Class A (a) | 288 | 9,127 | |
Liberty SiriusXM Series A (a) | 2,651 | 109,327 | |
Liberty SiriusXM Series C (a) | 9,916 | 409,233 | |
Lions Gate Entertainment Corp.: | |||
Class A | 4,587 | 87,887 | |
Class B | 3,880 | 69,025 | |
Live Nation Entertainment, Inc. (a) | 6,743 | 352,659 | |
Marcus Corp. | 1,007 | 39,293 | |
Netflix, Inc. (a) | 21,441 | 6,470,465 | |
Pandora Media, Inc. (a) | 12,953 | 110,101 | |
Take-Two Interactive Software, Inc. (a) | 5,651 | 728,244 | |
The Madison Square Garden Co. (a) | 832 | 230,148 | |
The Walt Disney Co. | 74,708 | 8,578,720 | |
Twenty-First Century Fox, Inc.: | |||
Class A | 49,786 | 2,266,259 | |
Class B | 23,841 | 1,077,136 | |
Viacom, Inc.: | |||
Class A | 1,491 | 52,737 | |
Class B (non-vtg.) | 16,197 | 517,980 | |
World Wrestling Entertainment, Inc. Class A | 1,835 | 133,203 | |
Zynga, Inc. (a) | 37,758 | 137,439 | |
26,085,772 | |||
Interactive Media & Services - 3.9% | |||
Alphabet, Inc.: | |||
Class A (a) | 14,917 | 16,268,182 | |
Class C (a) | 14,756 | 15,888,818 | |
Care.com, Inc. (a) | 730 | 12,848 | |
Facebook, Inc. Class A (a) | 118,028 | 17,915,470 | |
IAC/InterActiveCorp (a) | 3,765 | 740,161 | |
Liberty TripAdvisor Holdings, Inc. (a) | 3,993 | 57,579 | |
Match Group, Inc. (a) | 3,022 | 156,298 | |
MeetMe, Inc. (a) | 3,097 | 13,658 | |
QuinStreet, Inc. (a) | 1,680 | 26,712 | |
Snap, Inc. Class A (a)(b) | 12,006 | 79,360 | |
TripAdvisor, Inc. (a) | 5,386 | 280,826 | |
TrueCar, Inc. (a) | 3,366 | 38,305 | |
Twitter, Inc. (a) | 31,742 | 1,103,035 | |
XO Group, Inc. (a) | 1,112 | 38,486 | |
Yelp, Inc. (a) | 3,709 | 158,819 | |
Zillow Group, Inc.: | |||
Class A (a) | 2,735 | 110,412 | |
Class C (a)(b) | 4,779 | 192,403 | |
53,081,372 | |||
Media - 1.4% | |||
AMC Networks, Inc. Class A (a) | 2,384 | 139,655 | |
Cable One, Inc. | 218 | 195,271 | |
CBS Corp. Class B | 18,238 | 1,045,949 | |
Charter Communications, Inc. Class A (a) | 9,645 | 3,089,969 | |
Comcast Corp. Class A | 231,042 | 8,811,942 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 8,087 | 261,938 | |
Class C (non-vtg.) (a) | 9,929 | 291,019 | |
DISH Network Corp. Class A (a) | 11,186 | 343,858 | |
E.W. Scripps Co. Class A | 2,475 | 41,630 | |
Entercom Communications Corp. Class A | 5,670 | 36,798 | |
Entravision Communication Corp. Class A | 2,719 | 13,432 | |
Fluent, Inc. (a) | 617 | 1,493 | |
Gannett Co., Inc. | 4,408 | 42,758 | |
GCI Liberty, Inc. (a) | 4,534 | 214,594 | |
Gray Television, Inc. (a) | 3,969 | 68,703 | |
Hemisphere Media Group, Inc. (a) | 228 | 3,071 | |
Interpublic Group of Companies, Inc. | 19,850 | 459,726 | |
John Wiley & Sons, Inc. Class A | 2,125 | 115,260 | |
Liberty Broadband Corp.: | |||
Class A (a) | 1,306 | 108,124 | |
Class C (a) | 7,591 | 629,522 | |
Liberty Global PLC: | |||
Class A (a) | 10,844 | 277,932 | |
Class C (a) | 29,236 | 732,069 | |
Loral Space & Communications Ltd. (a) | 732 | 32,691 | |
Meredith Corp. | 1,900 | 97,964 | |
MSG Network, Inc. Class A (a) | 2,816 | 71,949 | |
National CineMedia, Inc. | 2,297 | 20,558 | |
New Media Investment Group, Inc. | 2,038 | 28,634 | |
News Corp.: | |||
Class A | 19,540 | 257,733 | |
Class B | 5,587 | 74,531 | |
Nexstar Broadcasting Group, Inc. Class A | 2,354 | 176,291 | |
Omnicom Group, Inc. | 11,362 | 844,424 | |
Scholastic Corp. | 1,494 | 64,810 | |
Sinclair Broadcast Group, Inc. Class A | 3,761 | 107,715 | |
Sirius XM Holdings, Inc. | 72,592 | 437,004 | |
Tegna, Inc. | 10,377 | 119,751 | |
The New York Times Co. Class A | 5,943 | 156,895 | |
Tribune Media Co. Class A | 3,382 | 128,550 | |
tronc, Inc. (a) | 942 | 14,215 | |
19,558,428 | |||
Wireless Telecommunication Services - 0.1% | |||
Boingo Wireless, Inc. (a) | 2,267 | 71,025 | |
Gogo, Inc. (a)(b) | 2,818 | 16,119 | |
Shenandoah Telecommunications Co. | 1,957 | 74,405 | |
Spok Holdings, Inc. | 2,301 | 32,260 | |
Sprint Corp. (a) | 32,420 | 198,410 | |
T-Mobile U.S., Inc. (a) | 14,360 | 984,378 | |
Telephone & Data Systems, Inc. | 4,663 | 143,760 | |
U.S. Cellular Corp. (a) | 645 | 30,812 | |
1,551,169 | |||
TOTAL COMMUNICATION SERVICES | 122,950,027 | ||
CONSUMER DISCRETIONARY - 10.2% | |||
Auto Components - 0.3% | |||
Adient PLC (b) | 4,692 | 142,731 | |
American Axle & Manufacturing Holdings, Inc. (a) | 5,297 | 80,355 | |
Aptiv PLC | 13,346 | 1,024,973 | |
Autoliv, Inc. | 4,313 | 359,445 | |
BorgWarner, Inc. | 10,221 | 402,810 | |
Cooper Tire & Rubber Co. | 2,315 | 71,510 | |
Cooper-Standard Holding, Inc. (a) | 709 | 65,689 | |
Dana Holding Corp. | 7,617 | 118,597 | |
Delphi Technologies PLC | 4,284 | 91,849 | |
Dorman Products, Inc. (a) | 1,532 | 121,043 | |
Fox Factory Holding Corp. (a) | 1,923 | 103,323 | |
Gentex Corp. | 13,928 | 293,184 | |
Gentherm, Inc. (a) | 1,588 | 69,300 | |
Hertz Global Holdings, Inc. (a) | 4,252 | 58,465 | |
Horizon Global Corp. (a) | 442 | 2,480 | |
LCI Industries | 1,187 | 82,318 | |
Lear Corp. | 3,304 | 439,102 | |
Modine Manufacturing Co. (a) | 2,115 | 27,516 | |
Motorcar Parts of America, Inc. (a) | 813 | 17,219 | |
Shiloh Industries, Inc. (a) | 188 | 1,709 | |
Standard Motor Products, Inc. | 1,163 | 62,930 | |
Stoneridge, Inc. (a) | 1,084 | 27,544 | |
Superior Industries International, Inc. | 1,109 | 10,901 | |
Tenneco, Inc. | 3,262 | 112,311 | |
The Goodyear Tire & Rubber Co. | 11,781 | 248,108 | |
Tower International, Inc. | 981 | 29,126 | |
Veoneer, Inc. (a)(b) | 4,291 | 144,092 | |
Visteon Corp. (a) | 1,409 | 111,367 | |
4,319,997 | |||
Automobiles - 0.5% | |||
Ford Motor Co. | 194,702 | 1,859,404 | |
General Motors Co. | 63,507 | 2,323,721 | |
Harley-Davidson, Inc. | 8,359 | 319,481 | |
REV Group, Inc. | 1,337 | 14,587 | |
Tesla, Inc. (a) | 6,584 | 2,220,915 | |
Thor Industries, Inc. | 2,310 | 160,868 | |
Winnebago Industries, Inc. | 1,592 | 43,876 | |
6,942,852 | |||
Distributors - 0.1% | |||
Core-Mark Holding Co., Inc. | 2,333 | 89,611 | |
Genuine Parts Co. | 7,302 | 715,012 | |
LKQ Corp. (a) | 14,840 | 404,687 | |
Pool Corp. | 1,908 | 278,091 | |
1,487,401 | |||
Diversified Consumer Services - 0.2% | |||
Adtalem Global Education, Inc. (a) | 2,809 | 142,220 | |
American Public Education, Inc. (a) | 775 | 25,366 | |
Bridgepoint Education, Inc. (a) | 1,165 | 11,184 | |
Bright Horizons Family Solutions, Inc. (a) | 2,727 | 313,360 | |
Career Education Corp. (a) | 3,877 | 55,751 | |
Carriage Services, Inc. | 1,406 | 26,798 | |
Chegg, Inc. (a) | 3,891 | 106,146 | |
Frontdoor, Inc. (a) | 3,769 | 128,334 | |
Graham Holdings Co. | 202 | 117,372 | |
Grand Canyon Education, Inc. (a) | 2,297 | 286,436 | |
H&R Block, Inc. | 10,421 | 276,573 | |
Houghton Mifflin Harcourt Co. (a) | 3,983 | 26,686 | |
K12, Inc. (a) | 2,145 | 45,924 | |
Laureate Education, Inc. Class A (a) | 1,393 | 20,742 | |
Regis Corp. (a) | 1,879 | 31,642 | |
Service Corp. International | 9,140 | 379,036 | |
ServiceMaster Global Holdings, Inc. (a) | 6,626 | 284,123 | |
Sotheby's Class A (Ltd. vtg.) (a) | 1,637 | 68,754 | |
Strategic Education, Inc. | 501 | 63,036 | |
Weight Watchers International, Inc. (a) | 1,314 | 86,855 | |
2,496,338 | |||
Hotels, Restaurants & Leisure - 2.0% | |||
ARAMARK Holdings Corp. | 12,221 | 438,978 | |
Belmond Ltd. Class A (a) | 4,347 | 74,421 | |
Biglari Holdings, Inc. (a) | 11 | 8,250 | |
Biglari Holdings, Inc. (a) | 33 | 4,703 | |
BJ's Restaurants, Inc. | 774 | 47,353 | |
Bloomin' Brands, Inc. | 4,403 | 87,840 | |
Bojangles', Inc. (a) | 803 | 12,695 | |
Boyd Gaming Corp. | 4,012 | 106,559 | |
Brinker International, Inc. | 2,360 | 102,306 | |
Caesars Entertainment Corp. (a)(b) | 7,561 | 64,949 | |
Carnival Corp. | 20,267 | 1,135,763 | |
Carrols Restaurant Group, Inc. (a) | 1,274 | 16,766 | |
Chipotle Mexican Grill, Inc. (a) | 1,242 | 571,730 | |
Choice Hotels International, Inc. | 1,826 | 134,028 | |
Churchill Downs, Inc. | 714 | 178,222 | |
Chuy's Holdings, Inc. (a) | 688 | 16,767 | |
Cracker Barrel Old Country Store, Inc. (b) | 1,157 | 183,593 | |
Darden Restaurants, Inc. | 6,142 | 654,430 | |
Dave & Buster's Entertainment, Inc. | 1,914 | 113,979 | |
Del Frisco's Restaurant Group, Inc. (a) | 412 | 2,781 | |
Del Taco Restaurants, Inc. (a) | 1,465 | 15,969 | |
Denny's Corp. (a) | 3,786 | 65,687 | |
Dine Brands Global, Inc. | 775 | 62,806 | |
Domino's Pizza, Inc. | 2,209 | 593,757 | |
Drive Shack, Inc. (a) | 2,256 | 12,047 | |
Dunkin' Brands Group, Inc. | 4,504 | 326,810 | |
El Pollo Loco Holdings, Inc. (a) | 1,746 | 21,842 | |
Eldorado Resorts, Inc. (a)(b) | 2,761 | 100,777 | |
Extended Stay America, Inc. unit | 10,007 | 162,914 | |
Fiesta Restaurant Group, Inc. (a) | 1,392 | 35,928 | |
Golden Entertainment, Inc. (a) | 702 | 12,755 | |
Habit Restaurants, Inc. Class A (a) | 876 | 11,125 | |
Hilton Grand Vacations, Inc. (a) | 3,375 | 90,686 | |
Hilton Worldwide Holdings, Inc. | 9,997 | 711,486 | |
Hyatt Hotels Corp. Class A | 2,669 | 184,695 | |
International Speedway Corp. Class A | 1,449 | 54,352 | |
Jack in the Box, Inc. | 1,427 | 112,633 | |
Las Vegas Sands Corp. | 18,137 | 925,531 | |
Marriott International, Inc. Class A | 15,221 | 1,779,183 | |
Marriott Vacations Worldwide Corp. | 1,225 | 108,400 | |
McDonald's Corp. | 39,434 | 6,975,875 | |
MGM Mirage, Inc. | 25,213 | 672,683 | |
Monarch Casino & Resort, Inc. (a) | 309 | 11,980 | |
Norwegian Cruise Line Holdings Ltd. (a) | 8,915 | 392,884 | |
Papa John's International, Inc. (b) | 1,100 | 59,994 | |
Penn National Gaming, Inc. (a) | 4,962 | 120,477 | |
Planet Fitness, Inc. (a) | 4,438 | 217,861 | |
Playa Hotels & Resorts NV (a) | 2,729 | 23,442 | |
PlayAGS, Inc. (a) | 218 | 5,287 | |
Potbelly Corp. (a) | 785 | 9,169 | |
RCI Hospitality Holdings, Inc. | 159 | 4,163 | |
Red Robin Gourmet Burgers, Inc. (a) | 473 | 14,285 | |
Red Rock Resorts, Inc. | 3,550 | 82,147 | |
Royal Caribbean Cruises Ltd. | 8,561 | 896,594 | |
Ruth's Hospitality Group, Inc. | 1,251 | 33,815 | |
Scientific Games Corp. Class A (a) | 2,838 | 63,174 | |
SeaWorld Entertainment, Inc. (a) | 3,204 | 83,688 | |
Shake Shack, Inc. Class A (a) | 784 | 41,466 | |
Six Flags Entertainment Corp. | 3,707 | 199,659 | |
Sonic Corp. | 1,993 | 86,257 | |
Starbucks Corp. | 70,323 | 4,097,721 | |
Texas Roadhouse, Inc. Class A | 3,536 | 213,787 | |
The Cheesecake Factory, Inc. | 2,064 | 99,774 | |
U.S. Foods Holding Corp. (a) | 6,920 | 201,856 | |
Vail Resorts, Inc. | 2,000 | 502,640 | |
Wendy's Co. | 8,871 | 152,936 | |
Wingstop, Inc. | 1,410 | 88,294 | |
Wyndham Destinations, Inc. | 5,055 | 181,373 | |
Wyndham Hotels & Resorts, Inc. | 5,123 | 252,513 | |
Wynn Resorts Ltd. | 3,873 | 389,624 | |
Yum! Brands, Inc. | 16,701 | 1,509,937 | |
Zoe's Kitchen, Inc. (a) | 383 | 4,872 | |
27,035,723 | |||
Household Durables - 0.4% | |||
Beazer Homes U.S.A., Inc. (a) | 2,217 | 19,532 | |
Cavco Industries, Inc. (a) | 437 | 87,667 | |
Century Communities, Inc. (a) | 884 | 18,758 | |
D.R. Horton, Inc. | 16,837 | 605,459 | |
Ethan Allen Interiors, Inc. | 1,561 | 29,878 | |
Flexsteel Industries, Inc. | 700 | 17,794 | |
Garmin Ltd. | 5,406 | 357,661 | |
GoPro, Inc. Class A (a)(b) | 4,276 | 28,093 | |
Green Brick Partners, Inc. (a) | 457 | 4,296 | |
Hamilton Beach Brands Holding Co. Class A | 96 | 2,229 | |
Helen of Troy Ltd. (a) | 1,311 | 162,721 | |
Hooker Furniture Corp. | 594 | 17,386 | |
Hovnanian Enterprises, Inc. Class A (a) | 2,216 | 3,235 | |
Installed Building Products, Inc. (a) | 734 | 22,358 | |
iRobot Corp. (a)(b) | 1,291 | 113,827 | |
KB Home | 5,096 | 101,767 | |
La-Z-Boy, Inc. | 2,446 | 67,999 | |
Leggett & Platt, Inc. | 6,377 | 231,549 | |
Lennar Corp.: | |||
Class A | 11,073 | 475,918 | |
Class B | 3,554 | 127,127 | |
LGI Homes, Inc. (a)(b) | 672 | 28,755 | |
Libbey, Inc. | 435 | 3,280 | |
M.D.C. Holdings, Inc. | 1,879 | 52,800 | |
M/I Homes, Inc. (a) | 2,042 | 49,355 | |
Meritage Homes Corp. (a) | 1,619 | 60,308 | |
Mohawk Industries, Inc. (a) | 3,078 | 383,919 | |
Newell Brands, Inc. | 24,025 | 381,517 | |
NVR, Inc. (a) | 177 | 396,308 | |
PulteGroup, Inc. | 13,760 | 338,083 | |
Roku, Inc. Class A (a) | 767 | 42,645 | |
Taylor Morrison Home Corp. (a) | 4,707 | 77,854 | |
Tempur Sealy International, Inc. (a) | 2,297 | 106,144 | |
Toll Brothers, Inc. | 7,249 | 244,001 | |
TopBuild Corp. (a) | 1,963 | 89,552 | |
TRI Pointe Homes, Inc. (a) | 6,530 | 77,707 | |
Tupperware Brands Corp. | 2,402 | 84,310 | |
Universal Electronics, Inc. (a) | 598 | 18,699 | |
Vuzix Corp. (a) | 423 | 2,572 | |
Whirlpool Corp. | 3,562 | 390,965 | |
William Lyon Homes, Inc. (a) | 860 | 11,662 | |
Zagg, Inc. (a) | 1,231 | 14,907 | |
5,350,597 | |||
Internet & Direct Marketing Retail - 3.0% | |||
1-800-FLOWERS.com, Inc. Class A (a) | 1,383 | 14,452 | |
Amazon.com, Inc. (a) | 19,789 | 31,623,020 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 545 | 774 | |
Duluth Holdings, Inc. (a) | 430 | 13,214 | |
eBay, Inc. (a) | 48,439 | 1,406,184 | |
Etsy, Inc. (a) | 5,359 | 227,865 | |
Expedia, Inc. | 6,163 | 773,025 | |
FTD Companies, Inc. (a) | 295 | 584 | |
Groupon, Inc. (a) | 17,865 | 58,419 | |
GrubHub, Inc. (a) | 4,347 | 403,141 | |
Lands' End, Inc. (a) | 776 | 12,657 | |
Liberty Expedia Holdings, Inc. (a) | 2,895 | 125,701 | |
Liberty Interactive Corp. QVC Group Series A (a) | 23,570 | 517,126 | |
NutriSystem, Inc. | 1,717 | 61,057 | |
Overstock.com, Inc. (a) | 609 | 12,253 | |
PetMed Express, Inc. | 798 | 22,296 | |
Quotient Technology, Inc. (a) | 3,022 | 38,893 | |
Shutterfly, Inc. (a) | 1,629 | 81,450 | |
Shutterstock, Inc. | 1,065 | 43,537 | |
Stamps.com, Inc. (a) | 886 | 179,123 | |
The Booking Holdings, Inc. (a) | 2,416 | 4,528,985 | |
Wayfair LLC Class A (a) | 2,177 | 240,101 | |
40,383,857 | |||
Leisure Products - 0.1% | |||
American Outdoor Brands Corp. (a) | 2,475 | 33,858 | |
Brunswick Corp. | 4,108 | 213,575 | |
Callaway Golf Co. | 5,022 | 107,471 | |
Hasbro, Inc. | 5,598 | 513,393 | |
Johnson Outdoors, Inc. Class A | 260 | 19,581 | |
Malibu Boats, Inc. Class A (a) | 858 | 34,492 | |
Mattel, Inc. (a)(b) | 17,139 | 232,748 | |
MCBC Holdings, Inc. (a) | 763 | 22,646 | |
Nautilus, Inc. (a) | 1,184 | 14,480 | |
Polaris Industries, Inc. | 2,947 | 262,224 | |
Sturm, Ruger & Co., Inc. (b) | 857 | 50,897 | |
Vista Outdoor, Inc. (a) | 2,973 | 37,163 | |
1,542,528 | |||
Media - 0.0% | |||
Altice U.S.A., Inc. Class A | 2,671 | 43,564 | |
Liberty Latin America Ltd. (a) | 6,769 | 121,910 | |
Liberty Latin America Ltd. Class A (a) | 1,774 | 31,897 | |
197,371 | |||
Multiline Retail - 0.5% | |||
Big Lots, Inc. | 2,239 | 92,963 | |
Dillard's, Inc. Class A (b) | 1,123 | 79,082 | |
Dollar General Corp. | 12,930 | 1,440,143 | |
Dollar Tree, Inc. (a) | 11,811 | 995,667 | |
Fred's, Inc. Class A (a) | 630 | 1,726 | |
JC Penney Corp., Inc. (a)(b) | 17,144 | 25,202 | |
Kohl's Corp. | 8,334 | 631,134 | |
Macy's, Inc. | 15,274 | 523,745 | |
Nordstrom, Inc. | 5,757 | 378,638 | |
Ollie's Bargain Outlet Holdings, Inc. (a) | 2,392 | 222,217 | |
Target Corp. | 26,859 | 2,246,218 | |
6,636,735 | |||
Specialty Retail - 2.3% | |||
Aaron's, Inc. Class A | 2,951 | 139,081 | |
Abercrombie & Fitch Co. Class A | 3,064 | 60,361 | |
Advance Auto Parts, Inc. | 3,673 | 586,798 | |
America's Car Mart, Inc. (a) | 262 | 19,624 | |
American Eagle Outfitters, Inc. | 8,853 | 204,150 | |
Armstrong Flooring, Inc. (a) | 856 | 13,311 | |
Asbury Automotive Group, Inc. (a) | 1,095 | 71,285 | |
Ascena Retail Group, Inc. (a) | 9,235 | 35,555 | |
AutoNation, Inc. (a) | 3,221 | 130,386 | |
AutoZone, Inc. (a) | 1,352 | 991,651 | |
Barnes & Noble Education, Inc. (a) | 697 | 3,980 | |
Barnes & Noble, Inc. | 3,395 | 21,490 | |
Bed Bath & Beyond, Inc. (b) | 6,684 | 91,838 | |
Best Buy Co., Inc. | 12,810 | 898,750 | |
Big 5 Sporting Goods Corp. (b) | 335 | 1,176 | |
Boot Barn Holdings, Inc. (a) | 915 | 22,582 | |
Burlington Stores, Inc. (a) | 3,385 | 580,494 | |
Caleres, Inc. | 1,875 | 64,125 | |
Camping World Holdings, Inc. | 1,624 | 27,852 | |
CarMax, Inc. (a) | 8,975 | 609,492 | |
Cars.com, Inc. (a) | 3,177 | 82,951 | |
Chico's FAS, Inc. | 5,521 | 42,346 | |
Citi Trends, Inc. | 1,141 | 28,902 | |
Conn's, Inc. (a) | 1,362 | 37,836 | |
Dick's Sporting Goods, Inc. | 3,857 | 136,422 | |
DSW, Inc. Class A | 3,643 | 96,722 | |
Express, Inc. (a) | 3,181 | 28,025 | |
Five Below, Inc. (a) | 2,714 | 308,907 | |
Floor & Decor Holdings, Inc. Class A (a)(b) | 1,384 | 35,403 | |
Foot Locker, Inc. | 6,011 | 283,359 | |
Francesca's Holdings Corp. (a) | 707 | 2,149 | |
GameStop Corp. Class A (b) | 5,110 | 74,606 | |
Gap, Inc. | 10,581 | 288,861 | |
Genesco, Inc. (a) | 1,215 | 51,990 | |
GNC Holdings, Inc. Class A (a)(b) | 3,232 | 11,894 | |
Group 1 Automotive, Inc. | 814 | 47,000 | |
Guess?, Inc. | 2,689 | 57,114 | |
Haverty Furniture Companies, Inc. | 1,794 | 36,382 | |
Hibbett Sports, Inc. (a) | 917 | 16,020 | |
Home Depot, Inc. | 57,722 | 10,152,145 | |
Kirkland's, Inc. (a) | 270 | 2,730 | |
L Brands, Inc. | 12,225 | 396,335 | |
Lithia Motors, Inc. Class A (sub. vtg.) | 1,249 | 111,261 | |
Lowe's Companies, Inc. | 41,232 | 3,926,111 | |
Lumber Liquidators Holdings, Inc. (a)(b) | 1,469 | 17,569 | |
MarineMax, Inc. (a) | 854 | 19,437 | |
Michaels Companies, Inc. (a)(b) | 5,606 | 88,855 | |
Monro, Inc. | 1,599 | 118,966 | |
Murphy U.S.A., Inc. (a) | 1,677 | 135,217 | |
O'Reilly Automotive, Inc. (a) | 4,217 | 1,352,603 | |
Office Depot, Inc. | 26,791 | 68,585 | |
Party City Holdco, Inc. (a) | 1,854 | 19,411 | |
Penske Automotive Group, Inc. | 1,547 | 68,656 | |
Pier 1 Imports, Inc. | 1,466 | 2,331 | |
Rent-A-Center, Inc. (a) | 2,757 | 39,287 | |
RH (a)(b) | 866 | 100,205 | |
Ross Stores, Inc. | 19,094 | 1,890,306 | |
Sally Beauty Holdings, Inc. (a) | 6,042 | 107,608 | |
Shoe Carnival, Inc. | 529 | 21,546 | |
Signet Jewelers Ltd. | 3,033 | 170,000 | |
Sleep Number Corp. (a) | 2,191 | 79,687 | |
Sonic Automotive, Inc. Class A (sub. vtg.) | 1,279 | 23,175 | |
Sportsman's Warehouse Holdings, Inc. (a) | 690 | 3,471 | |
Tailored Brands, Inc. | 2,418 | 50,802 | |
The Buckle, Inc. | 1,849 | 37,720 | |
The Cato Corp. Class A (sub. vtg.) | 1,036 | 19,974 | |
The Children's Place Retail Stores, Inc. | 908 | 135,655 | |
Tiffany & Co., Inc. | 5,050 | 562,065 | |
Tile Shop Holdings, Inc. | 656 | 4,264 | |
Tilly's, Inc. | 619 | 10,981 | |
TJX Companies, Inc. | 31,382 | 3,448,254 | |
Tractor Supply Co. | 6,236 | 573,026 | |
Ulta Beauty, Inc. (a) | 2,925 | 802,971 | |
Urban Outfitters, Inc. (a) | 3,824 | 150,895 | |
Vitamin Shoppe, Inc. (a) | 482 | 3,745 | |
Williams-Sonoma, Inc. | 3,984 | 236,570 | |
Zumiez, Inc. (a) | 879 | 20,446 | |
31,213,735 | |||
Textiles, Apparel & Luxury Goods - 0.8% | |||
Carter's, Inc. | 2,303 | 221,042 | |
Columbia Sportswear Co. | 1,440 | 130,003 | |
Crocs, Inc. (a) | 3,063 | 62,914 | |
Deckers Outdoor Corp. (a) | 1,613 | 205,125 | |
Emerald Expositions Events, Inc. | 285 | 4,167 | |
Fossil Group, Inc. (a) | 2,275 | 49,390 | |
G-III Apparel Group Ltd. (a) | 1,816 | 72,386 | |
Garrett Motion, Inc. (a) | 4,522 | 68,599 | |
Hanesbrands, Inc. | 17,699 | 303,715 | |
J.Jill, Inc. (a) | 220 | 1,111 | |
lululemon athletica, Inc. (a) | 4,748 | 668,186 | |
Michael Kors Holdings Ltd. (a) | 7,696 | 426,435 | |
Movado Group, Inc. | 857 | 33,003 | |
NIKE, Inc. Class B | 64,938 | 4,872,948 | |
Oxford Industries, Inc. | 700 | 62,286 | |
PetIQ, Inc. Class A (a) | 322 | 10,195 | |
PVH Corp. | 3,870 | 467,457 | |
Ralph Lauren Corp. | 2,815 | 364,852 | |
Samsonite International SA | 67,800 | 194,531 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (a) | 6,476 | 185,019 | |
Steven Madden Ltd. | 4,495 | 140,559 | |
Stitch Fix, Inc. (a)(b) | 334 | 8,804 | |
Tapestry, Inc. | 14,118 | 597,333 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a)(b) | 7,031 | 155,455 | |
Class C (non-vtg.) (a)(b) | 11,698 | 231,971 | |
Unifi, Inc. (a) | 877 | 20,075 | |
Vera Bradley, Inc. (a) | 944 | 12,451 | |
VF Corp. | 16,282 | 1,349,452 | |
Wolverine World Wide, Inc. | 4,593 | 161,536 | |
11,081,000 | |||
TOTAL CONSUMER DISCRETIONARY | 138,688,134 | ||
CONSUMER STAPLES - 6.6% | |||
Beverages - 1.6% | |||
Boston Beer Co., Inc. Class A (a) | 413 | 126,911 | |
Brown-Forman Corp. Class B (non-vtg.) | 12,106 | 560,992 | |
Coca-Cola Bottling Co. Consolidated | 189 | 32,627 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 8,582 | 1,709,792 | |
Craft Brew Alliance, Inc. (a) | 156 | 2,861 | |
Keurig Dr. Pepper, Inc. | 8,991 | 233,766 | |
MGP Ingredients, Inc. (b) | 737 | 52,452 | |
Molson Coors Brewing Co. Class B | 9,177 | 587,328 | |
Monster Beverage Corp. (a) | 20,566 | 1,086,913 | |
National Beverage Corp. (a) | 593 | 54,823 | |
PepsiCo, Inc. | 70,348 | 7,905,708 | |
Primo Water Corp. (a) | 1,410 | 23,505 | |
The Coca-Cola Co. | 189,223 | 9,059,997 | |
21,437,675 | |||
Food & Staples Retailing - 1.4% | |||
Andersons, Inc. | 1,559 | 56,124 | |
Casey's General Stores, Inc. | 1,991 | 251,085 | |
Chefs' Warehouse Holdings (a) | 1,004 | 33,765 | |
Costco Wholesale Corp. | 21,582 | 4,934,293 | |
Ingles Markets, Inc. Class A | 557 | 18,348 | |
Kroger Co. | 44,290 | 1,318,070 | |
Performance Food Group Co. (a) | 4,083 | 119,714 | |
PriceSmart, Inc. | 1,075 | 75,411 | |
Rite Aid Corp. (a)(b) | 49,888 | 59,866 | |
Smart & Final Stores, Inc. (a) | 525 | 2,651 | |
SpartanNash Co. | 1,459 | 26,043 | |
Sprouts Farmers Market LLC (a) | 6,051 | 162,711 | |
Sysco Corp. | 23,698 | 1,690,378 | |
United Natural Foods, Inc. (a) | 2,619 | 56,911 | |
Walgreens Boots Alliance, Inc. | 42,987 | 3,429,073 | |
Walmart, Inc. | 72,351 | 7,255,358 | |
Weis Markets, Inc. | 914 | 42,181 | |
Welbilt, Inc. (a) | 6,332 | 118,535 | |
19,650,517 | |||
Food Products - 1.2% | |||
Archer Daniels Midland Co. | 27,322 | 1,290,965 | |
B&G Foods, Inc. Class A (b) | 3,471 | 90,385 | |
Bunge Ltd. | 6,861 | 424,010 | |
Cal-Maine Foods, Inc. | 1,607 | 78,213 | |
Calavo Growers, Inc. | 721 | 69,937 | |
Campbell Soup Co. (b) | 9,415 | 352,215 | |
Conagra Brands, Inc. | 20,066 | 714,350 | |
Darling International, Inc. (a) | 9,144 | 188,915 | |
Dean Foods Co. | 4,885 | 39,031 | |
Farmer Brothers Co. (a) | 246 | 5,931 | |
Flowers Foods, Inc. | 9,316 | 179,892 | |
Fresh Del Monte Produce, Inc. | 1,990 | 65,730 | |
Freshpet, Inc. (a) | 960 | 36,576 | |
General Mills, Inc. | 28,317 | 1,240,285 | |
Hormel Foods Corp. (b) | 13,216 | 576,746 | |
Hostess Brands, Inc. Class A (a) | 3,147 | 32,729 | |
Ingredion, Inc. | 3,554 | 359,594 | |
J&J Snack Foods Corp. | 748 | 116,808 | |
John B. Sanfilippo & Son, Inc. | 453 | 28,566 | |
Kellogg Co. | 12,356 | 809,071 | |
Lamb Weston Holdings, Inc. | 7,226 | 564,784 | |
Lancaster Colony Corp. | 931 | 159,555 | |
McCormick & Co., Inc. (non-vtg.) | 5,937 | 854,928 | |
Mondelez International, Inc. | 73,654 | 3,091,995 | |
Pilgrim's Pride Corp. (a) | 3,068 | 54,181 | |
Post Holdings, Inc. (a) | 3,256 | 287,896 | |
Sanderson Farms, Inc. | 1,039 | 102,227 | |
Seaboard Corp. | 12 | 46,380 | |
The Hain Celestial Group, Inc. (a) | 5,297 | 131,789 | |
The Hershey Co. | 6,918 | 741,264 | |
The J.M. Smucker Co. | 5,576 | 603,992 | |
The Kraft Heinz Co. | 29,621 | 1,628,266 | |
Tootsie Roll Industries, Inc. | 1,483 | 46,818 | |
TreeHouse Foods, Inc. (a) | 2,665 | 121,417 | |
Tyson Foods, Inc. Class A | 14,792 | 886,337 | |
16,021,778 | |||
Household Products - 1.3% | |||
Central Garden & Pet Co. (a) | 435 | 14,129 | |
Central Garden & Pet Co. Class A (non-vtg.) (a) | 1,910 | 56,632 | |
Church & Dwight Co., Inc. | 12,504 | 742,362 | |
Clorox Co. | 6,308 | 936,423 | |
Colgate-Palmolive Co. | 43,523 | 2,591,795 | |
Energizer Holdings, Inc. | 3,145 | 184,832 | |
Kimberly-Clark Corp. | 17,463 | 1,821,391 | |
Orchids Paper Products Co. (a) | 56 | 87 | |
Procter & Gamble Co. | 125,919 | 11,166,497 | |
Spectrum Brands Holdings, Inc. | 1,209 | 78,525 | |
WD-40 Co. | 780 | 130,322 | |
17,722,995 | |||
Personal Products - 0.2% | |||
Avon Products, Inc. (a) | 23,141 | 45,356 | |
Coty, Inc. Class A | 23,532 | 248,263 | |
Edgewell Personal Care Co. (a) | 2,730 | 130,985 | |
elf Beauty, Inc. (a)(b) | 1,086 | 11,522 | |
Estee Lauder Companies, Inc. Class A | 11,128 | 1,529,432 | |
Herbalife Nutrition Ltd. (a) | 6,070 | 323,288 | |
Inter Parfums, Inc. | 962 | 56,748 | |
MediFast, Inc. | 486 | 102,876 | |
Natural Health Trends Corp. | 119 | 2,706 | |
Nu Skin Enterprises, Inc. Class A | 2,526 | 177,376 | |
Revlon, Inc. (a) | 432 | 9,072 | |
USANA Health Sciences, Inc. (a) | 583 | 68,223 | |
2,705,847 | |||
Tobacco - 0.9% | |||
22nd Century Group, Inc. (a) | 4,650 | 11,253 | |
Altria Group, Inc. | 94,375 | 6,138,150 | |
Philip Morris International, Inc. | 76,916 | 6,773,992 | |
Universal Corp. | 1,184 | 80,346 | |
Vector Group Ltd. | 5,085 | 68,749 | |
13,072,490 | |||
TOTAL CONSUMER STAPLES | 90,611,302 | ||
ENERGY - 5.3% | |||
Energy Equipment & Services - 0.7% | |||
Archrock, Inc. | 2,729 | 28,000 | |
Baker Hughes, a GE Co. Class A | 21,356 | 569,992 | |
Basic Energy Services, Inc. (a) | 425 | 3,302 | |
Bristow Group, Inc. (a) | 1,523 | 16,768 | |
C&J Energy Services, Inc. (a) | 3,574 | 67,120 | |
Carbo Ceramics, Inc. (a)(b) | 399 | 1,927 | |
Core Laboratories NV | 2,086 | 177,811 | |
Diamond Offshore Drilling, Inc. (a) | 2,783 | 39,463 | |
Dril-Quip, Inc. (a) | 2,237 | 95,207 | |
Ensco PLC Class A | 21,570 | 154,010 | |
Exterran Corp. (a) | 1,672 | 34,928 | |
Forum Energy Technologies, Inc. (a) | 3,505 | 31,405 | |
Frank's International NV (a) | 3,075 | 21,833 | |
FTS International, Inc. (a) | 362 | 4,637 | |
Halliburton Co. | 42,952 | 1,489,575 | |
Helix Energy Solutions Group, Inc. (a) | 7,159 | 60,995 | |
Helmerich & Payne, Inc. | 6,004 | 373,989 | |
Hornbeck Offshore Services, Inc. (a) | 634 | 1,997 | |
Key Energy Services, Inc. (a) | 124 | 1,122 | |
KLX Energy Services Holdings, Inc. (a) | 1,007 | 29,092 | |
Mammoth Energy Services, Inc. | 457 | 11,407 | |
Matrix Service Co. (a) | 1,745 | 35,476 | |
McDermott International, Inc. (a) | 5,876 | 45,421 | |
Nabors Industries Ltd. | 18,130 | 90,106 | |
National Oilwell Varco, Inc. | 19,061 | 701,445 | |
NCS Multistage Holdings, Inc. (a) | 143 | 1,616 | |
Newpark Resources, Inc. (a) | 3,310 | 27,175 | |
Noble Corp. (a) | 10,565 | 53,036 | |
Oceaneering International, Inc. (a) | 5,585 | 105,780 | |
Oil States International, Inc. (a) | 2,147 | 47,814 | |
Patterson-UTI Energy, Inc. | 10,400 | 173,056 | |
Pioneer Energy Services Corp. (a) | 1,501 | 4,458 | |
Rowan Companies PLC (a) | 5,329 | 84,784 | |
RPC, Inc. | 2,394 | 35,623 | |
Schlumberger Ltd. | 69,027 | 3,541,775 | |
SEACOR Holdings, Inc. (a) | 768 | 36,856 | |
SEACOR Marine Holdings, Inc. (a) | 662 | 12,101 | |
Smart Sand, Inc. (a)(b) | 382 | 1,058 | |
Solaris Oilfield Infrastructure, Inc. Class A (a) | 843 | 11,128 | |
Superior Energy Services, Inc. (a) | 6,926 | 54,231 | |
TechnipFMC PLC | 21,844 | 574,497 | |
TETRA Technologies, Inc. (a) | 6,072 | 18,034 | |
Transocean Ltd. (United States) (a)(b) | 21,655 | 238,422 | |
U.S. Silica Holdings, Inc. | 3,704 | 51,856 | |
Unit Corp. (a) | 2,436 | 56,345 | |
Weatherford International PLC (a)(b) | 47,907 | 64,674 | |
9,281,347 | |||
Oil, Gas & Consumable Fuels - 4.6% | |||
Abraxas Petroleum Corp. (a) | 7,061 | 12,992 | |
Anadarko Petroleum Corp. | 27,242 | 1,449,274 | |
Antero Resources Corp. (a) | 10,007 | 159,011 | |
Apache Corp. | 18,755 | 709,502 | |
Approach Resources, Inc. (a)(b) | 686 | 1,146 | |
Arch Coal, Inc. | 1,337 | 128,218 | |
Ardmore Shipping Corp. (a) | 647 | 4,180 | |
Bonanza Creek Energy, Inc. (a) | 737 | 18,978 | |
Cabot Oil & Gas Corp. | 22,934 | 555,691 | |
California Resources Corp. (a) | 1,827 | 57,258 | |
Callon Petroleum Co. (a) | 9,204 | 91,764 | |
Carrizo Oil & Gas, Inc. (a) | 4,114 | 74,916 | |
Centennial Resource Development, Inc. Class A (a) | 8,621 | 165,178 | |
Cheniere Energy, Inc. (a) | 10,070 | 608,329 | |
Chesapeake Energy Corp. (a)(b) | 45,894 | 161,088 | |
Chevron Corp. | 93,871 | 10,480,697 | |
Cimarex Energy Co. | 4,764 | 378,595 | |
Clean Energy Fuels Corp. (a) | 5,386 | 11,903 | |
Cloud Peak Energy, Inc. (a) | 1,411 | 2,413 | |
CNX Resources Corp. (a) | 11,928 | 186,673 | |
Concho Resources, Inc. (a) | 7,433 | 1,033,856 | |
ConocoPhillips Co. | 59,348 | 4,148,425 | |
CONSOL Energy, Inc. (a) | 1,093 | 43,545 | |
Contango Oil & Gas Co. (a) | 437 | 2,207 | |
Continental Resources, Inc. (a) | 4,488 | 236,428 | |
CVR Energy, Inc. | 695 | 29,885 | |
Delek U.S. Holdings, Inc. | 4,019 | 147,578 | |
Denbury Resources, Inc. (a) | 19,836 | 68,434 | |
Devon Energy Corp. | 25,902 | 839,225 | |
Diamondback Energy, Inc. | 4,800 | 539,328 | |
Eclipse Resources Corp. (a) | 1,554 | 1,772 | |
Energen Corp. (a) | 4,711 | 339,051 | |
EOG Resources, Inc. | 28,707 | 3,023,995 | |
EP Energy Corp. (a) | 768 | 1,382 | |
EQT Corp. | 11,988 | 407,232 | |
Extraction Oil & Gas, Inc. (a) | 6,442 | 51,472 | |
Exxon Mobil Corp. | 209,393 | 16,684,434 | |
Green Plains, Inc. | 1,742 | 29,684 | |
Gulfport Energy Corp. (a) | 8,552 | 77,909 | |
Halcon Resources Corp. (a) | 8,641 | 28,688 | |
Hess Corp. | 13,533 | 776,794 | |
Highpoint Resources, Inc. (a) | 3,525 | 13,113 | |
HollyFrontier Corp. | 8,727 | 588,549 | |
International Seaways, Inc. (a) | 1,272 | 27,361 | |
Jones Energy, Inc. (a) | 25 | 80 | |
Kinder Morgan, Inc. | 96,115 | 1,635,877 | |
Kosmos Energy Ltd. (a) | 10,063 | 65,309 | |
Laredo Petroleum, Inc. (a) | 5,872 | 30,769 | |
Marathon Oil Corp. | 41,469 | 787,496 | |
Marathon Petroleum Corp. | 24,341 | 1,714,823 | |
Matador Resources Co. (a) | 4,527 | 130,559 | |
Midstates Petroleum Co., Inc. (a) | 1,834 | 13,223 | |
Murphy Oil Corp. | 8,316 | 264,948 | |
NACCO Industries, Inc. Class A | 326 | 11,260 | |
Newfield Exploration Co. (a) | 9,660 | 195,132 | |
Nine Energy Service, Inc. (a) | 129 | 4,777 | |
Noble Energy, Inc. | 23,883 | 593,493 | |
Oasis Petroleum, Inc. (a) | 13,296 | 133,758 | |
Occidental Petroleum Corp. | 38,010 | 2,549,331 | |
ONEOK, Inc. | 20,540 | 1,347,424 | |
Overseas Shipholding Group, Inc. (a) | 643 | 2,019 | |
Pacific Ethanol, Inc. (a) | 673 | 1,104 | |
Par Pacific Holdings, Inc. (a) | 1,170 | 20,686 | |
Parsley Energy, Inc. Class A (a) | 11,956 | 280,010 | |
PBF Energy, Inc. Class A | 5,716 | 239,215 | |
PDC Energy, Inc. (a) | 3,288 | 139,576 | |
Peabody Energy Corp. | 5,250 | 186,113 | |
Penn Virginia Corp. (a) | 573 | 39,411 | |
Phillips 66 Co. | 21,366 | 2,196,852 | |
Pioneer Natural Resources Co. | 8,543 | 1,258,128 | |
QEP Resources, Inc. (a) | 10,821 | 96,415 | |
Range Resources Corp. | 11,539 | 182,893 | |
Renewable Energy Group, Inc. (a) | 1,753 | 54,483 | |
Resolute Energy Corp. (a)(b) | 850 | 23,656 | |
Rex American Resources Corp. (a) | 539 | 39,978 | |
Ring Energy, Inc. (a) | 1,832 | 13,062 | |
Sanchez Energy Corp. (a) | 1,480 | 2,457 | |
SandRidge Energy, Inc. (a) | 1,787 | 15,994 | |
SemGroup Corp. Class A | 3,146 | 58,170 | |
SM Energy Co. | 5,067 | 123,331 | |
Southwestern Energy Co. (a) | 24,174 | 129,089 | |
SRC Energy, Inc. (a) | 10,983 | 77,760 | |
Talos Energy, Inc. (a) | 876 | 22,829 | |
Targa Resources Corp. | 10,469 | 540,933 | |
Teekay Corp. | 3,958 | 26,242 | |
Teekay Tankers Ltd. | 2,146 | 2,382 | |
Tellurian, Inc. (a)(b) | 3,095 | 24,760 | |
The Williams Companies, Inc. | 40,510 | 985,608 | |
Ultra Petroleum Corp. (a) | 8,666 | 10,399 | |
Uranium Energy Corp. (a)(b) | 2,533 | 3,369 | |
Valero Energy Corp. | 21,744 | 1,980,661 | |
W&T Offshore, Inc. (a) | 4,735 | 31,914 | |
Whiting Petroleum Corp. (a) | 4,860 | 181,278 | |
WildHorse Resource Development Corp. (a) | 934 | 19,810 | |
World Fuel Services Corp. | 3,379 | 108,128 | |
WPX Energy, Inc. (a) | 20,387 | 327,007 | |
63,322,134 | |||
TOTAL ENERGY | 72,603,481 | ||
FINANCIALS - 14.3% | |||
Banks - 6.2% | |||
1st Source Corp. | 1,038 | 48,360 | |
Ameris Bancorp | 2,195 | 94,144 | |
Associated Banc-Corp. | 7,744 | 179,506 | |
Atlantic Capital Bancshares, Inc. (a) | 497 | 7,490 | |
Banc of California, Inc. | 1,582 | 25,233 | |
BancFirst Corp. | 880 | 50,494 | |
Bancorp, Inc., Delaware (a) | 2,852 | 29,946 | |
BancorpSouth Bank | 4,393 | 126,079 | |
Bank of America Corp. | 479,551 | 13,187,653 | |
Bank of Hawaii Corp. | 1,798 | 141,035 | |
Bank of Marin Bancorp | 451 | 38,330 | |
Bank of the Ozarks, Inc. | 6,089 | 166,595 | |
BankUnited, Inc. | 5,644 | 186,816 | |
Banner Corp. | 1,491 | 86,210 | |
BB&T Corp. | 39,273 | 1,930,661 | |
Berkshire Hills Bancorp, Inc. | 1,864 | 62,202 | |
BOK Financial Corp. | 1,234 | 105,791 | |
Boston Private Financial Holdings, Inc. | 4,978 | 67,203 | |
Bridge Bancorp, Inc. | 1,545 | 45,887 | |
Brookline Bancorp, Inc., Delaware | 2,862 | 44,361 | |
Bryn Mawr Bank Corp. | 931 | 37,184 | |
Byline Bancorp, Inc. (a) | 61 | 1,342 | |
Cadence Bancorp Class A | 1,240 | 27,354 | |
Camden National Corp. | 846 | 34,305 | |
Carolina Financial Corp. | 547 | 18,100 | |
Cathay General Bancorp | 4,063 | 153,053 | |
Centerstate Banks of Florida, Inc. | 3,035 | 74,600 | |
Central Pacific Financial Corp. | 1,046 | 28,284 | |
Chemical Financial Corp. | 4,006 | 187,721 | |
CIT Group, Inc. | 6,754 | 320,005 | |
Citigroup, Inc. | 130,837 | 8,564,590 | |
Citizens Financial Group, Inc. | 23,949 | 894,495 | |
City Holding Co. | 835 | 61,606 | |
Columbia Banking Systems, Inc. | 4,124 | 152,959 | |
Comerica, Inc. | 8,894 | 725,395 | |
Commerce Bancshares, Inc. | 4,813 | 306,107 | |
Community Bank System, Inc. | 2,133 | 124,546 | |
Community Trust Bancorp, Inc. | 866 | 39,412 | |
ConnectOne Bancorp, Inc. | 919 | 19,051 | |
Cullen/Frost Bankers, Inc. | 2,692 | 263,601 | |
Customers Bancorp, Inc. (a) | 1,509 | 30,919 | |
CVB Financial Corp. | 4,448 | 97,189 | |
Eagle Bancorp, Inc. (a) | 1,390 | 68,346 | |
East West Bancorp, Inc. | 7,215 | 378,355 | |
Enterprise Financial Services Corp. | 1,237 | 53,748 | |
Equity Bancshares, Inc. (a) | 221 | 7,976 | |
FCB Financial Holdings, Inc. Class A (a) | 2,368 | 92,660 | |
Fidelity Southern Corp. | 1,582 | 36,734 | |
Fifth Third Bancorp | 34,557 | 932,693 | |
Financial Institutions, Inc. | 275 | 7,851 | |
First Bancorp, North Carolina | 1,576 | 58,139 | |
First Bancorp, Puerto Rico (a) | 8,592 | 79,304 | |
First Busey Corp. | 2,319 | 64,746 | |
First Citizen Bancshares, Inc. | 428 | 182,598 | |
First Commonwealth Financial Corp. | 5,687 | 76,775 | |
First Financial Bancorp, Ohio | 3,340 | 87,408 | |
First Financial Bankshares, Inc. | 3,392 | 200,094 | |
First Foundation, Inc. (a) | 1,566 | 25,385 | |
First Hawaiian, Inc. | 1,825 | 45,224 | |
First Horizon National Corp. | 16,542 | 266,988 | |
First Internet Bancorp | 129 | 3,324 | |
First Interstate Bancsystem, Inc. | 575 | 23,840 | |
First Merchants Corp. | 1,818 | 75,647 | |
First Midwest Bancorp, Inc., Delaware | 5,442 | 124,948 | |
First of Long Island Corp. | 1,241 | 25,081 | |
First Republic Bank | 8,084 | 735,563 | |
Flushing Financial Corp. | 1,259 | 28,567 | |
FNB Corp., Pennsylvania | 18,705 | 221,280 | |
Franklin Financial Network, Inc. (a) | 808 | 27,391 | |
Fulton Financial Corp. | 10,643 | 170,394 | |
German American Bancorp, Inc. | 1,175 | 37,259 | |
Glacier Bancorp, Inc. | 4,183 | 177,359 | |
Great Western Bancorp, Inc. | 2,655 | 97,306 | |
Green Bancorp, Inc. | 1,388 | 25,678 | |
Guaranty Bancorp | 1,133 | 29,481 | |
Hancock Whitney Corp. | 4,997 | 209,674 | |
Hanmi Financial Corp. | 1,435 | 30,106 | |
Heartland Financial U.S.A., Inc. | 1,298 | 68,976 | |
Heritage Commerce Corp. | 1,035 | 15,018 | |
Heritage Financial Corp., Washington | 1,167 | 38,184 | |
Hilltop Holdings, Inc. | 4,641 | 92,356 | |
Home Bancshares, Inc. | 7,192 | 136,936 | |
Hope Bancorp, Inc. | 5,564 | 80,567 | |
Horizon Bancorp, Inc. Indiana | 1,873 | 31,391 | |
Huntington Bancshares, Inc. | 55,022 | 788,465 | |
IBERIABANK Corp. | 2,812 | 209,466 | |
Independent Bank Corp. | 418 | 9,250 | |
Independent Bank Corp., Massachusetts | 1,386 | 108,732 | |
Independent Bank Group, Inc. | 853 | 49,397 | |
International Bancshares Corp. | 2,344 | 90,713 | |
Investors Bancorp, Inc. | 14,125 | 157,918 | |
JPMorgan Chase & Co. | 171,407 | 18,686,791 | |
KeyCorp | 52,686 | 956,778 | |
Lakeland Bancorp, Inc. | 2,157 | 35,526 | |
Lakeland Financial Corp. | 1,830 | 78,745 | |
LegacyTexas Financial Group, Inc. | 2,288 | 88,157 | |
Live Oak Bancshares, Inc. | 1,051 | 19,338 | |
Luther Burbank Corp. | 172 | 1,663 | |
M&T Bank Corp. | 7,463 | 1,234,455 | |
MB Financial, Inc. | 4,348 | 193,008 | |
Merchants Bancorp/IN | 115 | 2,645 | |
Metropolitan Bank Holding Corp. (a) | 40 | 1,474 | |
Midland States Bancorp, Inc. | 38 | 1,025 | |
National Bank Holdings Corp. | 1,181 | 39,871 | |
National Commerce Corp. (a) | 219 | 8,125 | |
NBT Bancorp, Inc. | 2,145 | 78,271 | |
OFG Bancorp | 2,166 | 37,017 | |
Old National Bancorp, Indiana | 7,871 | 140,497 | |
Opus Bank | 1,257 | 23,870 | |
Pacific Premier Bancorp, Inc. (a) | 1,671 | 48,843 | |
PacWest Bancorp | 6,934 | 281,659 | |
Park National Corp. | 839 | 76,685 | |
Peapack-Gladstone Financial Corp. | 331 | 8,934 | |
Peoples United Financial, Inc. | 16,908 | 264,779 | |
Pinnacle Financial Partners, Inc. | 3,859 | 201,826 | |
PNC Financial Services Group, Inc. | 23,611 | 3,033,777 | |
Popular, Inc. | 4,921 | 255,941 | |
Preferred Bank, Los Angeles | 624 | 32,080 | |
Prosperity Bancshares, Inc. | 3,270 | 212,648 | |
QCR Holdings, Inc. | 349 | 12,714 | |
Regions Financial Corp. | 56,717 | 962,487 | |
Renasant Corp. | 2,764 | 96,408 | |
S&T Bancorp, Inc. | 2,173 | 87,159 | |
Sandy Spring Bancorp, Inc. | 1,481 | 52,650 | |
Seacoast Banking Corp., Florida (a) | 2,012 | 52,936 | |
ServisFirst Bancshares, Inc. | 1,938 | 69,729 | |
Signature Bank | 2,570 | 282,443 | |
Simmons First National Corp. Class A | 4,108 | 110,012 | |
South State Corp. | 2,048 | 138,588 | |
Southside Bancshares, Inc. | 1,780 | 56,390 | |
State Bank Financial Corp. | 1,853 | 47,381 | |
Sterling Bancorp | 11,772 | 211,661 | |
Stock Yards Bancorp, Inc. | 767 | 24,322 | |
SunTrust Banks, Inc. | 23,779 | 1,489,992 | |
SVB Financial Group (a) | 2,582 | 612,528 | |
Synovus Financial Corp. | 5,578 | 209,510 | |
TCF Financial Corp. | 7,842 | 163,741 | |
Texas Capital Bancshares, Inc. (a) | 2,276 | 148,463 | |
Tompkins Financial Corp. | 466 | 34,079 | |
TowneBank | 2,776 | 78,089 | |
Trico Bancshares | 591 | 21,288 | |
TriState Capital Holdings, Inc. (a) | 823 | 20,756 | |
Triumph Bancorp, Inc. (a) | 808 | 28,975 | |
Trustmark Corp. | 4,938 | 152,090 | |
U.S. Bancorp | 77,759 | 4,064,463 | |
UMB Financial Corp. | 2,471 | 157,773 | |
Umpqua Holdings Corp. | 11,104 | 213,197 | |
Union Bankshares Corp. | 2,376 | 81,117 | |
United Bankshares, Inc., West Virginia | 6,106 | 202,536 | |
United Community Bank, Inc. | 4,710 | 117,138 | |
Univest Corp. of Pennsylvania | 1,023 | 25,534 | |
Valley National Bancorp | 15,063 | 150,329 | |
Veritex Holdings, Inc. (a) | 1,388 | 32,701 | |
Washington Trust Bancorp, Inc. | 1,272 | 65,317 | |
Webster Financial Corp. | 4,307 | 253,424 | |
Wells Fargo & Co. | 219,154 | 11,665,567 | |
WesBanco, Inc. | 1,946 | 78,035 | |
Westamerica Bancorp. | 1,323 | 77,012 | |
Western Alliance Bancorp. (a) | 4,849 | 233,916 | |
Wintrust Financial Corp. | 2,563 | 195,147 | |
Zions Bancorporation | 10,016 | 471,253 | |
84,664,383 | |||
Capital Markets - 2.7% | |||
Affiliated Managers Group, Inc. | 3,034 | 344,844 | |
Ameriprise Financial, Inc. | 7,254 | 922,999 | |
Arlington Asset Investment Corp. | 467 | 3,927 | |
Artisan Partners Asset Management, Inc. | 1,925 | 52,764 | |
B. Riley Financial, Inc. | 357 | 6,872 | |
Bank of New York Mellon Corp. | 50,811 | 2,404,885 | |
BGC Partners, Inc. Class A | 11,129 | 117,856 | |
BlackRock, Inc. Class A | 6,122 | 2,518,713 | |
Blucora, Inc. (a) | 2,353 | 68,049 | |
Brighthouse Financial, Inc. (a) | 4,591 | 181,941 | |
Cboe Global Markets, Inc. | 5,708 | 644,148 | |
Charles Schwab Corp. | 59,263 | 2,740,321 | |
CME Group, Inc. | 16,811 | 3,080,448 | |
Cohen & Steers, Inc. | 813 | 31,211 | |
Cowen Group, Inc. Class A (a) | 1,675 | 24,790 | |
Diamond Hill Investment Group, Inc. | 196 | 33,747 | |
E*TRADE Financial Corp. | 13,324 | 658,472 | |
Eaton Vance Corp. (non-vtg.) | 5,722 | 257,776 | |
Evercore, Inc. Class A | 1,845 | 150,718 | |
FactSet Research Systems, Inc. | 1,945 | 435,213 | |
Federated Investors, Inc. Class B (non-vtg.) | 4,312 | 106,377 | |
Franklin Resources, Inc. | 15,921 | 485,591 | |
Gain Capital Holdings, Inc. | 375 | 2,865 | |
Goldman Sachs Group, Inc. | 17,420 | 3,925,945 | |
Greenhill & Co., Inc. (b) | 1,138 | 25,093 | |
Hamilton Lane, Inc. Class A | 764 | 29,322 | |
Houlihan Lokey | 1,039 | 42,786 | |
Interactive Brokers Group, Inc. | 3,675 | 181,582 | |
IntercontinentalExchange, Inc. | 28,881 | 2,224,992 | |
INTL FCStone, Inc. (a) | 852 | 38,579 | |
Invesco Ltd. | 19,718 | 428,078 | |
Investment Technology Group, Inc. | 1,584 | 43,528 | |
Janus Henderson Group PLC | 8,900 | 218,673 | |
Lazard Ltd. Class A | 6,109 | 242,772 | |
Legg Mason, Inc. | 4,530 | 127,837 | |
LPL Financial | 4,638 | 285,701 | |
MarketAxess Holdings, Inc. | 1,910 | 400,470 | |
Moelis & Co. Class A | 1,499 | 60,500 | |
Moody's Corp. | 8,289 | 1,205,884 | |
Morgan Stanley | 69,155 | 3,157,617 | |
Morningstar, Inc. | 1,018 | 127,046 | |
MSCI, Inc. | 4,426 | 665,582 | |
Northern Trust Corp. | 10,548 | 992,250 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 168 | 5,168 | |
Piper Jaffray Companies | 893 | 61,956 | |
PJT Partners, Inc. | 685 | 31,058 | |
Raymond James Financial, Inc. | 6,431 | 493,193 | |
S&P Global, Inc. | 12,658 | 2,307,807 | |
SEI Investments Co. | 6,996 | 373,936 | |
State Street Corp. | 18,487 | 1,270,981 | |
Stifel Financial Corp. | 3,747 | 171,313 | |
T. Rowe Price Group, Inc. | 12,134 | 1,176,877 | |
TD Ameritrade Holding Corp. | 13,334 | 689,634 | |
The NASDAQ OMX Group, Inc. | 5,924 | 513,670 | |
Virtu Financial, Inc. Class A | 1,992 | 47,250 | |
Virtus Investment Partners, Inc. | 286 | 28,411 | |
Waddell & Reed Financial, Inc. Class A (b) | 3,526 | 67,241 | |
Westwood Holdings Group, Inc. | 188 | 7,962 | |
WisdomTree Investments, Inc. | 4,766 | 37,032 | |
36,982,253 | |||
Consumer Finance - 0.7% | |||
Ally Financial, Inc. | 21,937 | 557,419 | |
American Express Co. | 35,726 | 3,670,132 | |
Capital One Financial Corp. | 24,216 | 2,162,489 | |
Credit Acceptance Corp. (a)(b) | 634 | 269,082 | |
Discover Financial Services | 18,102 | 1,261,166 | |
Elevate Credit, Inc. (a) | 204 | 869 | |
Encore Capital Group, Inc. (a) | 888 | 22,564 | |
Enova International, Inc. (a) | 1,277 | 30,201 | |
EZCORP, Inc. (non-vtg.) Class A (a)(b) | 2,363 | 23,488 | |
First Cash Financial Services, Inc. | 2,297 | 184,679 | |
Green Dot Corp. Class A (a) | 2,264 | 171,475 | |
LendingClub Corp. (a) | 16,396 | 52,959 | |
Navient Corp. | 14,142 | 163,764 | |
Nelnet, Inc. Class A | 788 | 44,357 | |
OneMain Holdings, Inc. (a) | 3,328 | 94,915 | |
PRA Group, Inc. (a) | 1,946 | 60,015 | |
Regional Management Corp. (a) | 123 | 3,550 | |
Santander Consumer U.S.A. Holdings, Inc. | 5,965 | 111,844 | |
SLM Corp. (a) | 21,154 | 214,502 | |
Synchrony Financial | 36,948 | 1,067,058 | |
World Acceptance Corp. (a) | 222 | 22,531 | |
10,189,059 | |||
Diversified Financial Services - 1.7% | |||
Acushnet Holdings Corp. | 2,806 | 68,551 | |
Berkshire Hathaway, Inc. Class B (a) | 95,044 | 19,510,632 | |
Cannae Holdings, Inc. (a) | 3,709 | 68,505 | |
Donnelley Financial Solutions, Inc. (a) | 1,712 | 26,622 | |
FB Financial Corp. | 326 | 11,892 | |
Granite Point Mortgage Trust, Inc. | 2,115 | 39,360 | |
Jefferies Financial Group, Inc. | 15,404 | 330,724 | |
Linde PLC | 13,965 | 2,310,789 | |
On Deck Capital, Inc. (a) | 1,793 | 12,372 | |
Rafael Holdings, Inc. (a) | 178 | 1,449 | |
Victory Capital Holdings, Inc. (a) | 222 | 1,732 | |
Voya Financial, Inc. | 9,441 | 413,138 | |
22,795,766 | |||
Insurance - 2.6% | |||
AFLAC, Inc. | 38,591 | 1,662,114 | |
Alleghany Corp. | 806 | 484,148 | |
Allstate Corp. | 17,722 | 1,696,350 | |
AMBAC Financial Group, Inc. (a) | 1,829 | 37,641 | |
American Equity Investment Life Holding Co. | 4,371 | 136,463 | |
American Financial Group, Inc. | 3,428 | 342,903 | |
American International Group, Inc. | 44,630 | 1,842,773 | |
American National Insurance Co. | 560 | 69,014 | |
Amerisafe, Inc. | 1,102 | 71,729 | |
AmTrust Financial Services, Inc. | 4,120 | 59,081 | |
Aon PLC | 12,366 | 1,931,322 | |
Arch Capital Group Ltd. (a) | 19,853 | 563,230 | |
Argo Group International Holdings, Ltd. | 1,466 | 90,320 | |
Arthur J. Gallagher & Co. | 8,939 | 661,575 | |
Aspen Insurance Holdings Ltd. | 3,078 | 128,907 | |
Assurant, Inc. | 2,608 | 253,524 | |
Assured Guaranty Ltd. | 5,530 | 221,089 | |
Athene Holding Ltd. (a) | 3,878 | 177,302 | |
Axis Capital Holdings Ltd. | 4,463 | 248,991 | |
Brown & Brown, Inc. | 11,250 | 317,025 | |
Chubb Ltd. | 22,879 | 2,857,816 | |
Cincinnati Financial Corp. | 7,499 | 589,721 | |
CNO Financial Group, Inc. | 8,640 | 163,296 | |
eHealth, Inc. (a) | 634 | 21,784 | |
Employers Holdings, Inc. | 1,459 | 67,056 | |
Enstar Group Ltd. (a) | 483 | 87,713 | |
Erie Indemnity Co. Class A | 812 | 105,308 | |
Everest Re Group Ltd. | 2,024 | 440,949 | |
FBL Financial Group, Inc. Class A | 458 | 31,593 | |
First American Financial Corp. | 5,315 | 235,614 | |
FNF Group | 13,333 | 445,989 | |
Genworth Financial, Inc. Class A (a) | 23,027 | 98,556 | |
Greenlight Capital Re, Ltd. (a) | 827 | 9,585 | |
Hanover Insurance Group, Inc. | 2,010 | 223,874 | |
Hartford Financial Services Group, Inc. | 17,985 | 816,879 | |
HCI Group, Inc. | 193 | 8,428 | |
Health Insurance Innovations, Inc. (a) | 519 | 25,379 | |
Heritage Insurance Holdings, Inc. | 480 | 6,701 | |
Horace Mann Educators Corp. | 1,620 | 63,634 | |
James River Group Holdings Ltd. | 1,077 | 41,465 | |
Kemper Corp. | 2,396 | 180,155 | |
Kinsale Capital Group, Inc. | 1,087 | 64,905 | |
Lincoln National Corp. | 10,891 | 655,529 | |
Loews Corp. | 13,677 | 636,801 | |
Maiden Holdings Ltd. | 4,427 | 15,539 | |
Markel Corp. (a) | 687 | 751,056 | |
Marsh & McLennan Companies, Inc. | 25,247 | 2,139,683 | |
MBIA, Inc. (a)(b) | 4,254 | 42,115 | |
Mercury General Corp. | 1,859 | 110,257 | |
MetLife, Inc. | 52,465 | 2,161,033 | |
National General Holdings Corp. | 3,998 | 111,384 | |
National Western Life Group, Inc. | 153 | 41,200 | |
Navigators Group, Inc. | 1,024 | 70,810 | |
Old Republic International Corp. | 12,133 | 267,533 | |
Primerica, Inc. | 2,241 | 245,927 | |
Principal Financial Group, Inc. | 13,113 | 617,229 | |
ProAssurance Corp. | 2,541 | 111,601 | |
Progressive Corp. | 28,745 | 2,003,527 | |
Prudential Financial, Inc. | 21,116 | 1,980,258 | |
Reinsurance Group of America, Inc. | 3,179 | 452,594 | |
RenaissanceRe Holdings Ltd. | 1,900 | 232,104 | |
RLI Corp. | 2,059 | 152,222 | |
Safety Insurance Group, Inc. | 582 | 48,469 | |
Selective Insurance Group, Inc. | 2,943 | 190,854 | |
Stewart Information Services Corp. | 1,085 | 44,789 | |
The Travelers Companies, Inc. | 13,549 | 1,695,386 | |
Third Point Reinsurance Ltd. (a) | 5,535 | 61,217 | |
Torchmark Corp. | 5,214 | 441,417 | |
Trupanion, Inc. (a)(b) | 1,083 | 27,357 | |
United Fire Group, Inc. | 1,126 | 60,613 | |
United Insurance Holdings Corp. | 518 | 10,215 | |
Universal Insurance Holdings, Inc. | 1,376 | 57,764 | |
Unum Group | 11,174 | 405,169 | |
W.R. Berkley Corp. | 4,783 | 363,030 | |
White Mountains Insurance Group Ltd. | 195 | 172,901 | |
Willis Group Holdings PLC | 6,474 | 926,818 | |
34,886,302 | |||
Mortgage Real Estate Investment Trusts - 0.2% | |||
AG Mortgage Investment Trust, Inc. | 745 | 12,889 | |
AGNC Investment Corp. | 19,056 | 339,959 | |
Annaly Capital Management, Inc. | 56,461 | 557,270 | |
Anworth Mortgage Asset Corp. | 1,969 | 8,585 | |
Apollo Commercial Real Estate Finance, Inc. | 4,033 | 75,457 | |
Arbor Realty Trust, Inc. (b) | 2,347 | 28,352 | |
Ares Commercial Real Estate Corp. | 791 | 11,446 | |
Armour Residential REIT, Inc. | 1,738 | 37,854 | |
Blackstone Mortgage Trust, Inc. | 4,903 | 165,427 | |
Capstead Mortgage Corp. | 7,143 | 49,001 | |
Cherry Hill Mortgage Investment Corp. | 157 | 2,812 | |
Chimera Investment Corp. | 9,493 | 176,570 | |
Dynex Capital, Inc. | 719 | 4,163 | |
Ellington Residential Mortgage REIT | 61 | 644 | |
Exantas Capital Corp. | 895 | 10,149 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 1,805 | 37,454 | |
Invesco Mortgage Capital, Inc. | 6,801 | 102,559 | |
Ladder Capital Corp. Class A | 3,767 | 63,436 | |
MFA Financial, Inc. | 19,997 | 138,579 | |
New Residential Investment Corp. | 15,902 | 284,328 | |
New York Mortgage Trust, Inc. (b) | 6,793 | 41,709 | |
Orchid Island Capital, Inc. | 1,066 | 6,972 | |
PennyMac Mortgage Investment Trust | 3,102 | 59,900 | |
Redwood Trust, Inc. | 3,764 | 61,805 | |
Starwood Property Trust, Inc. | 13,146 | 285,531 | |
TPG RE Finance Trust, Inc. | 173 | 3,429 | |
Two Harbors Investment Corp. | 9,640 | 141,612 | |
Western Asset Mortgage Capital Corp. | 931 | 9,282 | |
2,717,174 | |||
Real Estate Management & Development - 0.0% | |||
The RMR Group, Inc. | 293 | 22,233 | |
Thrifts & Mortgage Finance - 0.2% | |||
Beneficial Bancorp, Inc. | 4,488 | 70,147 | |
BofI Holding, Inc. (a) | 2,875 | 87,285 | |
Capitol Federal Financial, Inc. | 6,840 | 84,884 | |
Dime Community Bancshares, Inc. | 1,007 | 16,233 | |
Essent Group Ltd. (a) | 3,968 | 156,419 | |
Farmer Mac Class C (non-vtg.) | 392 | 27,377 | |
First Defiance Financial Corp. | 1,543 | 42,000 | |
Flagstar Bancorp, Inc. (a) | 671 | 20,660 | |
HomeStreet, Inc. (a) | 1,307 | 33,956 | |
Kearny Financial Corp. | 4,418 | 57,169 | |
LendingTree, Inc. (a)(b) | 400 | 80,676 | |
Meridian Bancorp, Inc. Maryland | 2,314 | 36,654 | |
Meta Financial Group, Inc. | 1,191 | 30,061 | |
MGIC Investment Corp. (a) | 18,918 | 230,989 | |
New York Community Bancorp, Inc. | 23,843 | 228,416 | |
NMI Holdings, Inc. (a) | 2,895 | 61,200 | |
Northfield Bancorp, Inc. | 2,234 | 29,422 | |
Northwest Bancshares, Inc. | 5,420 | 87,479 | |
OceanFirst Financial Corp. | 1,459 | 36,942 | |
Ocwen Financial Corp. (a) | 3,922 | 13,727 | |
Oritani Financial Corp. | 1,740 | 25,421 | |
PDL Community Bancorp | 52 | 713 | |
PennyMac Financial Services, Inc. | 707 | 14,133 | |
Provident Financial Services, Inc. | 3,478 | 84,863 | |
Radian Group, Inc. | 10,031 | 192,495 | |
Sterling Bancorp, Inc. | 225 | 2,329 | |
TFS Financial Corp. | 3,146 | 46,278 | |
Trustco Bank Corp., New York | 5,323 | 39,869 | |
United Financial Bancorp, Inc. New | 2,347 | 36,261 | |
Walker & Dunlop, Inc. | 1,172 | 49,177 | |
Washington Federal, Inc. | 4,779 | 134,577 | |
WSFS Financial Corp. | 1,668 | 70,940 | |
2,128,752 | |||
TOTAL FINANCIALS | 194,385,922 | ||
HEALTH CARE - 14.5% | |||
Biotechnology - 2.8% | |||
AbbVie, Inc. | 79,067 | 6,155,366 | |
Abeona Therapeutics, Inc. (a) | 1,437 | 12,358 | |
ACADIA Pharmaceuticals, Inc. (a) | 4,594 | 89,491 | |
Acceleron Pharma, Inc. (a) | 2,022 | 102,657 | |
Achaogen, Inc. (a)(b) | 573 | 2,206 | |
Achillion Pharmaceuticals, Inc. (a) | 6,522 | 18,653 | |
Acorda Therapeutics, Inc. (a) | 1,912 | 36,538 | |
Adamas Pharmaceuticals, Inc. (a)(b) | 783 | 12,959 | |
Aduro Biotech, Inc. (a) | 1,371 | 5,813 | |
Advaxis, Inc. (a) | 215 | 121 | |
Agenus, Inc. (a) | 1,397 | 2,221 | |
Agios Pharmaceuticals, Inc. (a) | 2,691 | 169,694 | |
Aimmune Therapeutics, Inc. (a) | 1,354 | 35,989 | |
Akebia Therapeutics, Inc. (a) | 1,783 | 13,355 | |
Alder Biopharmaceuticals, Inc. (a) | 2,274 | 28,880 | |
Alexion Pharmaceuticals, Inc. (a) | 11,042 | 1,237,477 | |
Alkermes PLC (a) | 7,592 | 309,981 | |
Alnylam Pharmaceuticals, Inc. (a) | 4,019 | 323,248 | |
AMAG Pharmaceuticals, Inc. (a) | 1,375 | 29,563 | |
Amgen, Inc. | 36,046 | 6,949,308 | |
Amicus Therapeutics, Inc. (a) | 8,655 | 96,763 | |
AnaptysBio, Inc. (a) | 592 | 44,234 | |
Anavex Life Sciences Corp. (a) | 732 | 1,764 | |
Apellis Pharmaceuticals, Inc. (a) | 214 | 2,994 | |
Ardelyx, Inc. (a) | 533 | 1,466 | |
Arena Pharmaceuticals, Inc. (a) | 1,675 | 59,731 | |
Array BioPharma, Inc. (a) | 9,374 | 151,859 | |
Arrowhead Pharmaceuticals, Inc. (a)(b) | 4,478 | 56,960 | |
Atara Biotherapeutics, Inc. (a) | 1,384 | 47,291 | |
Athersys, Inc. (a) | 2,245 | 4,198 | |
Audentes Therapeutics, Inc. (a) | 1,273 | 35,899 | |
AVEO Pharmaceuticals, Inc. (a) | 4,272 | 10,466 | |
Bellicum Pharmaceuticals, Inc. (a) | 523 | 2,129 | |
BioCryst Pharmaceuticals, Inc. (a) | 4,123 | 30,180 | |
Biogen, Inc. (a) | 10,491 | 3,192,097 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a) | 260 | 9,373 | |
BioMarin Pharmaceutical, Inc. (a) | 8,760 | 807,409 | |
bluebird bio, Inc. (a) | 2,500 | 286,750 | |
Blueprint Medicines Corp. (a) | 1,903 | 115,645 | |
Calithera Biosciences, Inc. (a) | 485 | 2,289 | |
Cara Therapeutics, Inc. (a)(b) | 1,564 | 29,309 | |
Catalyst Pharmaceutical Partners, Inc. (a) | 3,787 | 11,285 | |
Celgene Corp. (a) | 39,298 | 2,813,737 | |
Celldex Therapeutics, Inc. (a) | 762 | 240 | |
Clovis Oncology, Inc. (a) | 2,142 | 24,911 | |
Coherus BioSciences, Inc. (a) | 1,684 | 19,686 | |
Conatus Pharmaceuticals, Inc. (a)(b) | 463 | 1,921 | |
Concert Pharmaceuticals, Inc. (a) | 253 | 3,775 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 2,142 | 14,266 | |
Cue Biopharma, Inc. (a) | 189 | 1,198 | |
Curis, Inc. (a) | 156 | 254 | |
Cytokinetics, Inc. (a) | 2,050 | 13,715 | |
CytomX Therapeutics, Inc. (a) | 1,089 | 15,529 | |
Deciphera Pharmaceuticals, Inc. (a) | 294 | 5,936 | |
Denali Therapeutics, Inc. (a)(b) | 628 | 9,087 | |
Dynavax Technologies Corp. (a) | 3,125 | 30,906 | |
Eagle Pharmaceuticals, Inc. (a) | 421 | 20,730 | |
Editas Medicine, Inc. (a) | 1,584 | 40,123 | |
Emergent BioSolutions, Inc. (a) | 1,588 | 97,170 | |
Enanta Pharmaceuticals, Inc. (a) | 598 | 46,142 | |
Epizyme, Inc. (a) | 1,959 | 15,770 | |
Esperion Therapeutics, Inc. (a) | 1,065 | 48,383 | |
Exact Sciences Corp. (a) | 5,965 | 423,813 | |
Exelixis, Inc. (a) | 14,299 | 198,327 | |
FibroGen, Inc. (a) | 4,041 | 173,238 | |
Five Prime Therapeutics, Inc. (a) | 1,805 | 21,913 | |
Flexion Therapeutics, Inc. (a) | 1,426 | 19,308 | |
Genomic Health, Inc. (a) | 1,143 | 81,965 | |
Geron Corp. (a) | 5,258 | 8,045 | |
Gilead Sciences, Inc. | 65,138 | 4,441,109 | |
Global Blood Therapeutics, Inc. (a) | 2,032 | 71,303 | |
GlycoMimetics, Inc. (a) | 606 | 7,623 | |
Halozyme Therapeutics, Inc. (a) | 6,886 | 106,940 | |
Heron Therapeutics, Inc. (a) | 2,751 | 76,368 | |
Idera Pharmaceuticals, Inc. (a) | 416 | 2,775 | |
Immune Design Corp. (a) | 569 | 819 | |
ImmunoGen, Inc. (a) | 3,806 | 20,667 | |
Immunomedics, Inc. (a)(b) | 5,031 | 113,348 | |
Incyte Corp. (a) | 9,033 | 585,519 | |
Inovio Pharmaceuticals, Inc. (a) | 5,941 | 29,289 | |
Insmed, Inc. (a) | 3,383 | 49,392 | |
Insys Therapeutics, Inc. (a)(b) | 461 | 3,932 | |
Intellia Therapeutics, Inc. (a) | 960 | 16,301 | |
Intercept Pharmaceuticals, Inc. (a) | 779 | 74,792 | |
Intrexon Corp. (a) | 3,769 | 43,570 | |
Invitae Corp. (a) | 1,592 | 22,590 | |
Ionis Pharmaceuticals, Inc. (a) | 6,334 | 313,850 | |
Iovance Biotherapeutics, Inc. (a) | 2,943 | 26,722 | |
Ironwood Pharmaceuticals, Inc. Class A (a) | 6,868 | 89,971 | |
Jounce Therapeutics, Inc. (a) | 38 | 154 | |
Kadmon Holdings, Inc. (a) | 1,463 | 3,467 | |
Karyopharm Therapeutics, Inc. (a) | 1,847 | 19,467 | |
Keryx Biopharmaceuticals, Inc. (a) | 4,274 | 11,882 | |
Kura Oncology, Inc. (a) | 801 | 8,707 | |
La Jolla Pharmaceutical Co. (a)(b) | 750 | 12,225 | |
Lexicon Pharmaceuticals, Inc. (a) | 1,880 | 14,720 | |
Ligand Pharmaceuticals, Inc. Class B (a) | 994 | 163,821 | |
Loxo Oncology, Inc. (a) | 1,072 | 163,652 | |
Macrogenics, Inc. (a) | 1,447 | 23,818 | |
MannKind Corp. (a)(b) | 1,674 | 3,063 | |
Merrimack Pharmaceuticals, Inc. (a) | 2,107 | 8,196 | |
MiMedx Group, Inc. (a)(b) | 4,775 | 27,791 | |
Minerva Neurosciences, Inc. (a) | 1,180 | 12,945 | |
Mirati Therapeutics, Inc. (a) | 1,405 | 52,505 | |
Momenta Pharmaceuticals, Inc. (a) | 4,134 | 51,716 | |
Myriad Genetics, Inc. (a) | 3,589 | 161,613 | |
Natera, Inc. (a) | 1,297 | 28,482 | |
Neurocrine Biosciences, Inc. (a) | 4,282 | 458,816 | |
NewLink Genetics Corp. (a) | 428 | 809 | |
Novavax, Inc. (a)(b) | 13,350 | 23,496 | |
Opko Health, Inc. (a)(b) | 17,941 | 60,641 | |
Organovo Holdings, Inc. (a) | 1,849 | 1,867 | |
PDL BioPharma, Inc. (a) | 4,597 | 11,447 | |
Portola Pharmaceuticals, Inc. (a) | 3,654 | 71,947 | |
Progenics Pharmaceuticals, Inc. (a) | 2,639 | 13,221 | |
Prothena Corp. PLC (a) | 1,401 | 17,372 | |
PTC Therapeutics, Inc. (a) | 1,807 | 69,606 | |
Puma Biotechnology, Inc. (a) | 1,720 | 63,726 | |
Radius Health, Inc. (a) | 1,643 | 26,009 | |
Regeneron Pharmaceuticals, Inc. (a) | 3,858 | 1,308,788 | |
REGENXBIO, Inc. (a) | 1,327 | 88,471 | |
Repligen Corp. (a) | 1,817 | 98,518 | |
Retrophin, Inc. (a) | 1,625 | 41,698 | |
Rigel Pharmaceuticals, Inc. (a) | 5,325 | 15,283 | |
Sage Therapeutics, Inc. (a) | 2,152 | 276,919 | |
Sangamo Therapeutics, Inc. (a) | 3,629 | 45,979 | |
Sarepta Therapeutics, Inc. (a)(b) | 3,047 | 407,567 | |
Savara, Inc. (a) | 470 | 4,230 | |
Seattle Genetics, Inc. (a) | 5,289 | 296,872 | |
Selecta Biosciences, Inc. (a) | 165 | 848 | |
Seres Therapeutics, Inc. (a)(b) | 359 | 2,466 | |
Solid Biosciences, Inc. (a) | 261 | 8,352 | |
Sorrento Therapeutics, Inc. (a) | 2,952 | 9,417 | |
Spark Therapeutics, Inc. (a) | 1,705 | 76,708 | |
Spectrum Pharmaceuticals, Inc. (a) | 5,070 | 60,333 | |
Stemline Therapeutics, Inc. (a) | 1,893 | 28,357 | |
Syndax Pharmaceuticals, Inc. (a) | 359 | 1,727 | |
Synergy Pharmaceuticals, Inc. (a)(b) | 9,702 | 4,043 | |
Syros Pharmaceuticals, Inc. (a) | 369 | 2,428 | |
TESARO, Inc. (a) | 1,910 | 55,161 | |
TG Therapeutics, Inc. (a) | 2,704 | 12,303 | |
Tocagen, Inc. (a) | 119 | 1,245 | |
Ultragenyx Pharmaceutical, Inc. (a) | 2,174 | 105,330 | |
United Therapeutics Corp. (a) | 2,155 | 238,903 | |
Vanda Pharmaceuticals, Inc. (a) | 1,761 | 33,406 | |
Verastem, Inc. (a)(b) | 1,670 | 8,467 | |
Vericel Corp. (a) | 1,283 | 14,305 | |
Vertex Pharmaceuticals, Inc. (a) | 12,590 | 2,133,501 | |
Voyager Therapeutics, Inc. (a) | 790 | 10,720 | |
Xencor, Inc. (a) | 2,083 | 68,156 | |
ZIOPHARM Oncology, Inc. (a)(b) | 6,325 | 12,524 | |
37,843,143 | |||
Health Care Equipment & Supplies - 3.1% | |||
Abbott Laboratories | 85,935 | 5,924,359 | |
Abiomed, Inc. (a) | 2,054 | 700,825 | |
Accuray, Inc. (a) | 2,345 | 10,529 | |
Align Technology, Inc. (a) | 3,596 | 795,435 | |
Angiodynamics, Inc. (a) | 1,891 | 38,633 | |
Anika Therapeutics, Inc. (a) | 705 | 25,211 | |
Antares Pharma, Inc. (a) | 6,751 | 20,185 | |
Atricure, Inc. (a) | 1,863 | 59,262 | |
Atrion Corp. | 62 | 42,295 | |
Avanos Medical, Inc. (a) | 2,141 | 121,181 | |
AxoGen, Inc. (a) | 1,261 | 47,023 | |
Baxter International, Inc. | 24,797 | 1,550,060 | |
Becton, Dickinson & Co. | 13,064 | 3,011,252 | |
Boston Scientific Corp. (a) | 68,045 | 2,459,146 | |
Cantel Medical Corp. | 1,823 | 144,290 | |
Cardiovascular Systems, Inc. (a) | 1,689 | 47,376 | |
Cerus Corp. (a) | 4,751 | 31,832 | |
CONMED Corp. | 1,033 | 69,655 | |
Cryolife, Inc. (a) | 2,091 | 64,779 | |
Cutera, Inc. (a) | 655 | 13,297 | |
Danaher Corp. | 30,183 | 3,000,190 | |
Dentsply Sirona, Inc. | 11,465 | 397,033 | |
DexCom, Inc. (a) | 4,262 | 565,866 | |
Edwards Lifesciences Corp. (a) | 10,528 | 1,553,933 | |
Endologix, Inc. (a) | 1,619 | 1,975 | |
Genmark Diagnostics, Inc. (a) | 2,683 | 14,300 | |
Glaukos Corp. (a) | 1,461 | 84,650 | |
Globus Medical, Inc. (a) | 3,556 | 187,935 | |
Haemonetics Corp. (a) | 2,509 | 262,115 | |
Heska Corp. (a) | 377 | 37,783 | |
Hill-Rom Holdings, Inc. | 3,464 | 291,253 | |
Hologic, Inc. (a) | 13,377 | 521,569 | |
ICU Medical, Inc. (a) | 711 | 181,113 | |
IDEXX Laboratories, Inc. (a) | 4,401 | 933,540 | |
Inogen, Inc. (a) | 833 | 157,912 | |
Insulet Corp. (a) | 2,992 | 263,924 | |
Integer Holdings Corp. (a) | 1,350 | 100,535 | |
Integra LifeSciences Holdings Corp. (a) | 3,112 | 166,710 | |
Intuitive Surgical, Inc. (a) | 5,566 | 2,900,888 | |
Invacare Corp. | 1,670 | 21,576 | |
iRhythm Technologies, Inc. (a) | 1,006 | 77,724 | |
K2M Group Holdings, Inc. (a) | 2,080 | 56,950 | |
Lantheus Holdings, Inc. (a) | 1,133 | 15,828 | |
LeMaitre Vascular, Inc. | 605 | 16,154 | |
LivaNova PLC (a) | 2,118 | 237,195 | |
Masimo Corp. (a) | 2,490 | 287,844 | |
Medtronic PLC | 66,717 | 5,992,521 | |
Meridian Bioscience, Inc. | 2,438 | 39,520 | |
Merit Medical Systems, Inc. (a) | 2,374 | 135,603 | |
Natus Medical, Inc. (a) | 1,811 | 54,113 | |
Neogen Corp. (a) | 2,614 | 158,722 | |
Nevro Corp. (a) | 1,411 | 68,800 | |
NuVasive, Inc. (a) | 2,476 | 139,077 | |
NxStage Medical, Inc. (a) | 3,757 | 106,624 | |
OraSure Technologies, Inc. (a) | 2,350 | 32,665 | |
Orthofix International NV (a) | 815 | 49,568 | |
Penumbra, Inc. (a) | 1,480 | 201,280 | |
Pulse Biosciences, Inc. (a) | 89 | 1,140 | |
Quidel Corp. (a) | 1,341 | 86,307 | |
ResMed, Inc. | 6,981 | 739,428 | |
Rockwell Medical Technologies, Inc. (a) | 915 | 3,733 | |
Sientra, Inc. (a) | 513 | 10,563 | |
Staar Surgical Co. (a) | 1,221 | 48,974 | |
Steris PLC | 4,265 | 466,207 | |
Stryker Corp. | 15,912 | 2,581,245 | |
Tactile Systems Technology, Inc. (a) | 763 | 49,961 | |
Teleflex, Inc. | 2,222 | 534,924 | |
The Cooper Companies, Inc. | 2,442 | 630,793 | |
Varex Imaging Corp. (a) | 1,518 | 39,407 | |
Varian Medical Systems, Inc. (a) | 4,533 | 541,104 | |
ViewRay, Inc. (a)(b) | 1,397 | 12,084 | |
West Pharmaceutical Services, Inc. | 3,680 | 389,786 | |
Wright Medical Group NV (a) | 5,467 | 147,500 | |
Zimmer Biomet Holdings, Inc. | 10,041 | 1,140,557 | |
41,915,326 | |||
Health Care Providers & Services - 3.1% | |||
Acadia Healthcare Co., Inc. (a)(b) | 3,886 | 161,269 | |
Aceto Corp. | 537 | 1,101 | |
Aetna, Inc. | 16,017 | 3,177,773 | |
Amedisys, Inc. (a) | 1,460 | 160,600 | |
American Renal Associates Holdings, Inc. (a) | 527 | 10,166 | |
AmerisourceBergen Corp. | 8,125 | 715,000 | |
AMN Healthcare Services, Inc. (a) | 2,209 | 111,820 | |
Anthem, Inc. | 12,700 | 3,499,739 | |
BioScrip, Inc. (a) | 3,114 | 8,346 | |
BioTelemetry, Inc. (a) | 1,725 | 100,223 | |
Brookdale Senior Living, Inc. (a) | 10,235 | 91,399 | |
Capital Senior Living Corp. (a) | 1,321 | 11,889 | |
Cardinal Health, Inc. | 15,618 | 790,271 | |
Centene Corp. (a) | 8,576 | 1,117,624 | |
Chemed Corp. | 866 | 263,550 | |
Cigna Corp. | 12,266 | 2,622,593 | |
Community Health Systems, Inc. (a) | 5,579 | 17,630 | |
Corvel Corp. (a) | 539 | 31,240 | |
Cross Country Healthcare, Inc. (a) | 834 | 7,364 | |
CVS Health Corp. | 50,216 | 3,635,136 | |
DaVita HealthCare Partners, Inc. (a) | 7,362 | 495,757 | |
Diplomat Pharmacy, Inc. (a) | 2,555 | 50,691 | |
Express Scripts Holding Co. (a) | 28,014 | 2,716,518 | |
G1 Therapeutics, Inc. (a) | 354 | 14,164 | |
HCA Holdings, Inc. | 14,026 | 1,872,892 | |
HealthEquity, Inc. (a) | 2,416 | 221,789 | |
HealthSouth Corp. | 4,786 | 322,098 | |
Henry Schein, Inc. (a) | 7,813 | 648,479 | |
Humana, Inc. | 7,071 | 2,265,619 | |
Laboratory Corp. of America Holdings (a) | 4,972 | 798,255 | |
LHC Group, Inc. (a) | 711 | 65,007 | |
LifePoint Hospitals, Inc. (a) | 1,892 | 122,715 | |
Magellan Health Services, Inc. (a) | 1,133 | 73,713 | |
McKesson Corp. | 10,426 | 1,300,748 | |
MEDNAX, Inc. (a) | 4,590 | 189,521 | |
Molina Healthcare, Inc. (a) | 2,190 | 277,626 | |
National Healthcare Corp. | 853 | 67,839 | |
National Vision Holdings, Inc. | 992 | 41,099 | |
OptiNose, Inc. | 135 | 1,428 | |
Owens & Minor, Inc. | 2,381 | 18,810 | |
Patterson Companies, Inc. | 4,045 | 91,336 | |
Premier, Inc. (a) | 2,714 | 122,130 | |
Providence Service Corp. (a) | 606 | 40,051 | |
Quest Diagnostics, Inc. | 6,704 | 630,913 | |
RadNet, Inc. (a) | 1,502 | 22,230 | |
Select Medical Holdings Corp. (a) | 6,461 | 107,123 | |
Surgery Partners, Inc. (a) | 774 | 10,519 | |
Tenet Healthcare Corp. (a) | 4,022 | 103,486 | |
The Ensign Group, Inc. | 2,405 | 89,081 | |
Tivity Health, Inc. (a) | 1,344 | 46,247 | |
Triple-S Management Corp. (a) | 1,203 | 20,643 | |
U.S. Physical Therapy, Inc. | 770 | 82,790 | |
UnitedHealth Group, Inc. | 47,851 | 12,505,859 | |
Universal Health Services, Inc. Class B | 4,332 | 526,598 | |
Wellcare Health Plans, Inc. (a) | 2,244 | 619,322 | |
43,117,829 | |||
Health Care Technology - 0.2% | |||
Allscripts Healthcare Solutions, Inc. (a) | 8,153 | 97,102 | |
athenahealth, Inc. (a) | 2,001 | 255,208 | |
Castlight Health, Inc. Class B (a) | 1,362 | 3,364 | |
Cerner Corp. (a) | 15,501 | 887,897 | |
Computer Programs & Systems, Inc. | 260 | 6,500 | |
Evolent Health, Inc. (a) | 2,781 | 61,738 | |
HealthStream, Inc. | 1,360 | 35,782 | |
HMS Holdings Corp. (a) | 3,895 | 112,254 | |
Inovalon Holdings, Inc. Class A (a) | 2,549 | 23,986 | |
Medidata Solutions, Inc. (a) | 3,004 | 211,181 | |
Nextgen Healthcare, Inc. (a) | 2,502 | 36,955 | |
Omnicell, Inc. (a) | 1,957 | 138,360 | |
Tabula Rasa HealthCare, Inc. (a) | 657 | 48,539 | |
Teladoc Health, Inc. (a) | 2,601 | 180,353 | |
Veeva Systems, Inc. Class A (a) | 5,666 | 517,589 | |
Vocera Communications, Inc. (a) | 1,695 | 58,833 | |
2,675,641 | |||
Life Sciences Tools & Services - 0.9% | |||
Accelerate Diagnostics, Inc. (a)(b) | 1,525 | 22,784 | |
Agilent Technologies, Inc. | 16,046 | 1,039,620 | |
Bio-Rad Laboratories, Inc. Class A (a) | 1,040 | 283,764 | |
Bio-Techne Corp. | 1,810 | 303,573 | |
Bruker Corp. | 5,326 | 166,864 | |
Cambrex Corp. (a) | 1,684 | 89,740 | |
Charles River Laboratories International, Inc. (a) | 2,516 | 306,499 | |
Codexis, Inc. (a) | 1,655 | 25,768 | |
Enzo Biochem, Inc. (a) | 2,836 | 9,416 | |
Fluidigm Corp. (a) | 530 | 3,816 | |
Illumina, Inc. (a) | 7,230 | 2,249,615 | |
Luminex Corp. | 2,325 | 66,890 | |
Medpace Holdings, Inc. (a) | 450 | 23,445 | |
Mettler-Toledo International, Inc. (a) | 1,281 | 700,476 | |
Nanostring Technologies, Inc. (a) | 833 | 12,837 | |
NeoGenomics, Inc. (a) | 3,294 | 60,741 | |
Pacific Biosciences of California, Inc. (a) | 3,685 | 16,398 | |
PerkinElmer, Inc. | 5,373 | 464,657 | |
PRA Health Sciences, Inc. (a) | 2,551 | 247,115 | |
Quintiles Transnational Holdings, Inc. (a) | 7,206 | 885,834 | |
Syneos Health, Inc. (a) | 2,760 | 125,939 | |
Thermo Fisher Scientific, Inc. | 19,724 | 4,608,513 | |
Waters Corp. (a) | 3,902 | 740,170 | |
12,454,474 | |||
Pharmaceuticals - 4.4% | |||
Aclaris Therapeutics, Inc. (a) | 1,020 | 12,128 | |
Adamis Pharmaceuticals Corp.(a) | 533 | 1,364 | |
Aerie Pharmaceuticals, Inc. (a) | 1,776 | 94,448 | |
Akcea Therapeutics, Inc. (a)(b) | 598 | 13,347 | |
Akorn, Inc. (a) | 5,487 | 36,598 | |
Allergan PLC | 16,507 | 2,608,271 | |
Amneal Pharmaceuticals, Inc. (a)(b) | 3,767 | 69,501 | |
Amphastar Pharmaceuticals, Inc. (a) | 1,786 | 32,059 | |
ANI Pharmaceuticals, Inc. (a) | 488 | 23,683 | |
Aratana Therapeutics, Inc. (a) | 645 | 3,831 | |
Assembly Biosciences, Inc. (a) | 925 | 21,164 | |
Assertio Therapeutics, Inc. (a) | 2,649 | 12,861 | |
Biodelivery Sciences International, Inc. (a) | 1,060 | 3,933 | |
Bristol-Myers Squibb Co. | 81,196 | 4,103,646 | |
Catalent, Inc. (a) | 6,538 | 263,743 | |
Clementia Pharmaceuticals, Inc. (a) | 149 | 1,937 | |
Collegium Pharmaceutical, Inc. (a) | 924 | 14,830 | |
Corcept Therapeutics, Inc. (a) | 5,249 | 61,676 | |
Corium International, Inc. (a)(b) | 1,540 | 19,481 | |
CymaBay Therapeutics, Inc. (a) | 2,340 | 24,687 | |
Dermira, Inc. (a) | 1,435 | 18,009 | |
Eli Lilly & Co. | 47,995 | 5,204,578 | |
Endo International PLC (a) | 10,378 | 175,803 | |
Horizon Pharma PLC (a) | 8,047 | 146,536 | |
Innoviva, Inc. (a) | 4,874 | 68,041 | |
Intersect ENT, Inc. (a) | 1,072 | 30,080 | |
Intra-Cellular Therapies, Inc. (a) | 2,593 | 44,029 | |
Jazz Pharmaceuticals PLC (a) | 2,983 | 473,760 | |
Johnson & Johnson | 132,894 | 18,603,831 | |
Kala Pharmaceuticals, Inc. (a) | 101 | 732 | |
Lannett Co., Inc. (a) | 535 | 1,958 | |
Mallinckrodt PLC (a) | 4,845 | 121,416 | |
Melinta Therapeutics, Inc. (a) | 346 | 910 | |
Merck & Co., Inc. | 135,371 | 9,964,659 | |
Mylan NV (a) | 26,240 | 820,000 | |
MyoKardia, Inc. (a) | 858 | 45,423 | |
Nektar Therapeutics (a) | 7,781 | 300,969 | |
Neos Therapeutics, Inc. (a) | 338 | 1,058 | |
Ocular Therapeutix, Inc. (a) | 540 | 2,678 | |
Omeros Corp. (a) | 1,889 | 28,845 | |
Otonomy, Inc. (a) | 390 | 909 | |
Pacira Pharmaceuticals, Inc. (a) | 1,951 | 95,384 | |
Paratek Pharmaceuticals, Inc. (a)(b) | 1,033 | 7,696 | |
Perrigo Co. PLC | 6,853 | 481,766 | |
Pfizer, Inc. | 294,853 | 12,696,370 | |
Phibro Animal Health Corp. Class A | 845 | 36,267 | |
Prestige Brands Holdings, Inc. (a) | 2,571 | 92,967 | |
Reata Pharmaceuticals, Inc. (a) | 631 | 37,185 | |
Revance Therapeutics, Inc. (a) | 1,520 | 33,090 | |
Rhythm Pharmaceuticals, Inc. | 139 | 3,893 | |
Supernus Pharmaceuticals, Inc. (a) | 2,402 | 114,239 | |
Teligent, Inc. (a) | 801 | 2,571 | |
Tetraphase Pharmaceuticals, Inc. (a) | 972 | 1,993 | |
The Medicines Company (a) | 3,381 | 78,642 | |
TherapeuticsMD, Inc. (a)(b) | 7,494 | 36,646 | |
Theravance Biopharma, Inc. (a) | 2,229 | 54,098 | |
WAVE Life Sciences (a) | 548 | 25,586 | |
Zoetis, Inc. Class A | 24,355 | 2,195,603 | |
Zogenix, Inc. (a) | 1,772 | 73,999 | |
Zynerba Pharmaceuticals, Inc. (a) | 184 | 968 | |
59,546,375 | |||
TOTAL HEALTH CARE | 197,552,788 | ||
INDUSTRIALS - 10.0% | |||
Aerospace & Defense - 2.5% | |||
AAR Corp. | 1,631 | 77,603 | |
Aerojet Rocketdyne Holdings, Inc. (a) | 3,502 | 123,691 | |
AeroVironment, Inc. (a) | 990 | 89,070 | |
Arconic, Inc. | 21,591 | 438,945 | |
Astronics Corp. (a) | 905 | 26,390 | |
Axon Enterprise, Inc. (a) | 2,584 | 159,484 | |
BWX Technologies, Inc. | 4,943 | 288,968 | |
Cubic Corp. | 1,290 | 84,637 | |
Curtiss-Wright Corp. | 2,258 | 247,161 | |
Ducommun, Inc. (a) | 348 | 12,932 | |
Engility Holdings, Inc. (a) | 730 | 22,652 | |
Esterline Technologies Corp. (a) | 1,287 | 151,042 | |
General Dynamics Corp. | 13,727 | 2,369,006 | |
Harris Corp. | 5,951 | 884,973 | |
HEICO Corp. | 1,925 | 161,373 | |
HEICO Corp. Class A | 3,649 | 243,242 | |
Hexcel Corp. | 4,423 | 258,834 | |
Huntington Ingalls Industries, Inc. | 2,264 | 494,639 | |
KEYW Holding Corp. (a) | 1,796 | 14,063 | |
Kratos Defense & Security Solutions, Inc. (a) | 4,091 | 51,260 | |
L3 Technologies, Inc. | 3,831 | 725,860 | |
Lockheed Martin Corp. | 12,337 | 3,625,227 | |
Mercury Systems, Inc. (a) | 2,206 | 103,373 | |
Moog, Inc. Class A | 1,633 | 116,841 | |
National Presto Industries, Inc. | 192 | 23,937 | |
Northrop Grumman Corp. | 8,626 | 2,259,581 | |
Raytheon Co. | 14,311 | 2,504,997 | |
Rockwell Collins, Inc. | 8,050 | 1,030,561 | |
Sparton Corp. (a) | 156 | 1,931 | |
Spirit AeroSystems Holdings, Inc. Class A | 5,773 | 484,990 | |
Teledyne Technologies, Inc. (a) | 1,828 | 404,500 | |
Textron, Inc. | 13,224 | 709,203 | |
The Boeing Co. | 27,691 | 9,826,428 | |
TransDigm Group, Inc. (a) | 2,402 | 793,261 | |
Triumph Group, Inc. | 2,802 | 51,137 | |
United Technologies Corp. | 36,676 | 4,555,526 | |
Vectrus, Inc. (a) | 387 | 10,372 | |
Wesco Aircraft Holdings, Inc. (a) | 2,460 | 25,043 | |
33,452,733 | |||
Air Freight & Logistics - 0.6% | |||
Air Transport Services Group, Inc. (a) | 2,690 | 52,724 | |
Atlas Air Worldwide Holdings, Inc. (a) | 1,068 | 55,130 | |
C.H. Robinson Worldwide, Inc. | 6,961 | 619,738 | |
Echo Global Logistics, Inc. (a) | 1,038 | 26,687 | |
Expeditors International of Washington, Inc. | 8,799 | 591,117 | |
FedEx Corp. | 12,257 | 2,700,707 | |
Forward Air Corp. | 1,525 | 91,485 | |
Hub Group, Inc. Class A (a) | 1,473 | 67,493 | |
United Parcel Service, Inc. Class B | 33,986 | 3,620,868 | |
XPO Logistics, Inc. (a) | 4,806 | 429,560 | |
8,255,509 | |||
Airlines - 0.4% | |||
Alaska Air Group, Inc. | 6,010 | 369,134 | |
Allegiant Travel Co. | 551 | 62,891 | |
American Airlines Group, Inc. | 21,493 | 753,974 | |
Delta Air Lines, Inc. | 32,606 | 1,784,526 | |
Hawaiian Holdings, Inc. | 2,299 | 79,568 | |
JetBlue Airways Corp. (a) | 16,279 | 272,348 | |
SkyWest, Inc. | 2,645 | 151,532 | |
Southwest Airlines Co. | 27,031 | 1,327,222 | |
Spirit Airlines, Inc. (a) | 3,500 | 181,650 | |
United Continental Holdings, Inc. (a) | 12,360 | 1,056,904 | |
6,039,749 | |||
Building Products - 0.4% | |||
A.O. Smith Corp. | 7,908 | 360,051 | |
AAON, Inc. | 1,991 | 68,670 | |
Advanced Drain Systems, Inc. Del | 1,591 | 44,214 | |
Allegion PLC | 4,982 | 427,107 | |
American Woodmark Corp. (a) | 620 | 37,473 | |
Apogee Enterprises, Inc. | 1,485 | 53,609 | |
Armstrong World Industries, Inc. (a) | 2,581 | 159,377 | |
Builders FirstSource, Inc. (a) | 5,285 | 65,428 | |
Continental Building Products, Inc. (a) | 1,492 | 41,493 | |
COVIA Corp. (a) | 1,336 | 7,722 | |
CSW Industrials, Inc. (a) | 826 | 38,021 | |
Fortune Brands Home & Security, Inc. | 7,900 | 354,157 | |
GCP Applied Technologies, Inc. (a) | 4,119 | 106,970 | |
Gibraltar Industries, Inc. (a) | 1,325 | 47,223 | |
GMS, Inc. (a) | 1,355 | 22,276 | |
Griffon Corp. | 1,464 | 17,744 | |
Insteel Industries, Inc. | 800 | 20,896 | |
Jeld-Wen Holding, Inc. (a) | 2,854 | 46,406 | |
Johnson Controls International PLC | 46,452 | 1,485,070 | |
Lennox International, Inc. | 1,887 | 397,949 | |
Masco Corp. | 16,075 | 482,250 | |
Masonite International Corp. (a) | 1,219 | 67,520 | |
NCI Building Systems, Inc. (a) | 2,000 | 24,500 | |
Owens Corning | 5,763 | 272,417 | |
Patrick Industries, Inc. (a) | 1,161 | 50,515 | |
PGT, Inc. (a) | 2,775 | 56,222 | |
Quanex Building Products Corp. | 1,570 | 23,267 | |
Resideo Technologies, Inc. (a) | 6,091 | 128,216 | |
Simpson Manufacturing Co. Ltd. | 2,137 | 121,980 | |
Trex Co., Inc. (a) | 2,955 | 181,142 | |
Universal Forest Products, Inc. | 3,573 | 101,009 | |
USG Corp. (a) | 3,987 | 168,331 | |
5,479,225 | |||
Commercial Services & Supplies - 0.5% | |||
ABM Industries, Inc. | 3,144 | 96,678 | |
ACCO Brands Corp. | 6,638 | 53,569 | |
ADS Waste Holdings, Inc. (a) | 1,679 | 45,484 | |
Brady Corp. Class A | 2,165 | 87,228 | |
Casella Waste Systems, Inc. Class A (a) | 2,110 | 68,702 | |
CECO Environmental Corp. (a) | 573 | 4,263 | |
Cintas Corp. | 4,251 | 773,129 | |
Clean Harbors, Inc. (a) | 2,439 | 165,950 | |
Copart, Inc. (a) | 9,984 | 488,317 | |
Covanta Holding Corp. | 8,036 | 118,049 | |
Deluxe Corp. | 2,682 | 126,617 | |
Ennis, Inc. | 1,028 | 19,902 | |
Essendant, Inc. | 1,479 | 18,842 | |
Evoqua Water Technologies Corp. (a) | 1,140 | 10,944 | |
Healthcare Services Group, Inc. | 3,426 | 139,061 | |
Heritage-Crystal Clean, Inc. (a) | 288 | 6,621 | |
Herman Miller, Inc. | 2,905 | 95,720 | |
HNI Corp. | 2,433 | 92,186 | |
Hudson Technologies, Inc. (a) | 632 | 524 | |
Interface, Inc. | 2,548 | 41,507 | |
KAR Auction Services, Inc. | 6,955 | 396,018 | |
Kimball International, Inc. Class B | 2,781 | 45,775 | |
Knoll, Inc. | 2,521 | 50,042 | |
LSC Communications, Inc. | 1,322 | 12,466 | |
Matthews International Corp. Class A | 1,418 | 59,017 | |
McGrath RentCorp. | 927 | 49,493 | |
Mobile Mini, Inc. | 2,389 | 98,236 | |
Msa Safety, Inc. | 1,740 | 181,726 | |
Multi-Color Corp. | 595 | 31,630 | |
PICO Holdings, Inc. | 406 | 4,637 | |
Pitney Bowes, Inc. | 7,790 | 51,570 | |
Quad/Graphics, Inc. | 1,422 | 21,941 | |
R.R. Donnelley & Sons Co. | 3,029 | 17,780 | |
Republic Services, Inc. | 11,195 | 813,653 | |
Rollins, Inc. | 5,045 | 298,664 | |
SP Plus Corp. (a) | 878 | 28,061 | |
Steelcase, Inc. Class A | 4,382 | 72,741 | |
Stericycle, Inc. (a) | 4,319 | 215,820 | |
Team, Inc. (a) | 1,100 | 21,890 | |
Tetra Tech, Inc. | 2,650 | 175,006 | |
The Brink's Co. | 2,364 | 156,780 | |
U.S. Ecology, Inc. | 1,123 | 78,531 | |
UniFirst Corp. | 752 | 112,274 | |
Viad Corp. | 761 | 36,444 | |
VSE Corp. | 232 | 7,276 | |
Waste Management, Inc. | 19,676 | 1,760,412 | |
7,251,176 | |||
Construction & Engineering - 0.2% | |||
AECOM (a) | 7,831 | 228,195 | |
Aegion Corp. (a) | 1,684 | 32,602 | |
Argan, Inc. | 571 | 25,135 | |
Comfort Systems U.S.A., Inc. | 1,929 | 103,163 | |
Dycom Industries, Inc. (a) | 1,472 | 99,919 | |
EMCOR Group, Inc. | 2,749 | 195,124 | |
Fluor Corp. | 6,826 | 299,388 | |
Goldfield Corp. | 2,276 | 8,421 | |
Granite Construction, Inc. | 1,801 | 82,342 | |
Great Lakes Dredge & Dock Corp. (a) | 1,475 | 8,570 | |
Jacobs Engineering Group, Inc. | 5,888 | 442,130 | |
KBR, Inc. | 7,563 | 149,596 | |
Keane Group, Inc. (a) | 1,899 | 23,870 | |
MasTec, Inc. (a) | 3,182 | 138,449 | |
MYR Group, Inc. (a) | 797 | 26,612 | |
NV5 Holdings, Inc. (a) | 362 | 28,261 | |
Primoris Services Corp. | 1,822 | 38,572 | |
Quanta Services, Inc. (a) | 8,221 | 256,495 | |
Sterling Construction Co., Inc. (a) | 930 | 10,565 | |
Tutor Perini Corp. (a) | 1,862 | 28,861 | |
Valmont Industries, Inc. | 1,184 | 147,183 | |
2,373,453 | |||
Electrical Equipment - 0.6% | |||
Acuity Brands, Inc. | 2,105 | 264,472 | |
AMETEK, Inc. | 11,525 | 773,097 | |
AZZ, Inc. | 1,284 | 56,945 | |
Babcock & Wilcox Enterprises, Inc. (a) | 124 | 121 | |
Eaton Corp. PLC | 21,908 | 1,570,146 | |
Emerson Electric Co. | 31,899 | 2,165,304 | |
Encore Wire Corp. | 817 | 36,111 | |
Energous Corp. (a) | 389 | 3,128 | |
EnerSys | 2,358 | 187,626 | |
Fortive Corp. | 15,132 | 1,123,551 | |
FuelCell Energy, Inc. (a) | 1,242 | 1,050 | |
Generac Holdings, Inc. (a) | 2,954 | 149,856 | |
Hubbell, Inc. Class B | 2,768 | 281,506 | |
Plug Power, Inc. (a)(b) | 12,226 | 22,618 | |
Powell Industries, Inc. | 194 | 5,657 | |
Regal Beloit Corp. | 2,107 | 151,072 | |
Rockwell Automation, Inc. | 6,314 | 1,040,105 | |
Sensata Technologies, Inc. PLC (a) | 8,839 | 414,549 | |
Sunrun, Inc. (a) | 3,704 | 45,411 | |
Thermon Group Holdings, Inc. (a) | 1,222 | 26,371 | |
TPI Composites, Inc. (a) | 578 | 14,600 | |
Vivint Solar, Inc. (a) | 480 | 2,491 | |
8,335,787 | |||
Industrial Conglomerates - 1.3% | |||
3M Co. | 29,528 | 5,617,997 | |
Carlisle Companies, Inc. | 2,999 | 289,673 | |
General Electric Co. | 429,777 | 4,340,748 | |
Honeywell International, Inc. | 37,595 | 5,444,508 | |
ITT, Inc. | 4,634 | 234,017 | |
Raven Industries, Inc. | 1,604 | 69,742 | |
Roper Technologies, Inc. | 5,097 | 1,441,941 | |
17,438,626 | |||
Machinery - 1.7% | |||
Actuant Corp. Class A | 2,686 | 64,061 | |
AGCO Corp. | 3,463 | 194,067 | |
Alamo Group, Inc. | 467 | 40,031 | |
Albany International Corp. Class A | 1,557 | 108,959 | |
Allison Transmission Holdings, Inc. | 6,606 | 291,192 | |
Altra Industrial Motion Corp. | 1,660 | 53,568 | |
American Railcar Industries, Inc. | 439 | 30,690 | |
Apergy Corp. (a) | 3,918 | 152,763 | |
Astec Industries, Inc. | 694 | 26,101 | |
Barnes Group, Inc. | 2,337 | 132,274 | |
Briggs & Stratton Corp. | 1,737 | 25,239 | |
Cactus, Inc. (a) | 1,016 | 33,995 | |
Caterpillar, Inc. | 29,514 | 3,580,638 | |
Chart Industries, Inc. (a) | 1,517 | 103,232 | |
CIRCOR International, Inc. | 858 | 27,894 | |
Colfax Corp. (a) | 5,329 | 149,372 | |
Columbus McKinnon Corp. (NY Shares) | 864 | 31,735 | |
Commercial Vehicle Group, Inc. (a) | 519 | 3,472 | |
Crane Co. | 2,895 | 251,981 | |
Cummins, Inc. | 7,642 | 1,044,585 | |
Deere & Co. | 15,880 | 2,150,787 | |
Donaldson Co., Inc. | 6,569 | 336,858 | |
Douglas Dynamics, Inc. | 1,420 | 61,614 | |
Dover Corp. | 7,552 | 625,608 | |
Energy Recovery, Inc. (a)(b) | 1,243 | 9,323 | |
EnPro Industries, Inc. | 866 | 53,865 | |
ESCO Technologies, Inc. | 1,029 | 62,995 | |
ExOne Co. (a) | 172 | 1,135 | |
Federal Signal Corp. | 3,588 | 78,900 | |
Flowserve Corp. | 6,745 | 309,596 | |
Franklin Electric Co., Inc. | 1,711 | 72,581 | |
FreightCar America, Inc. (a) | 223 | 3,189 | |
Gardner Denver Holdings, Inc. (a) | 3,748 | 101,421 | |
Global Brass & Copper Holdings, Inc. | 947 | 29,944 | |
Gorman-Rupp Co. | 1,277 | 44,057 | |
Graco, Inc. | 8,175 | 332,150 | |
Greenbrier Companies, Inc. | 1,256 | 59,597 | |
Harsco Corp. (a) | 4,073 | 111,885 | |
Hillenbrand, Inc. | 3,429 | 164,249 | |
Hyster-Yale Materials Handling Class A | 489 | 29,560 | |
IDEX Corp. | 3,844 | 487,496 | |
Illinois Tool Works, Inc. | 15,286 | 1,950,035 | |
Ingersoll-Rand PLC | 12,352 | 1,185,051 | |
John Bean Technologies Corp. | 1,598 | 166,144 | |
Kadant, Inc. | 803 | 79,256 | |
Kennametal, Inc. | 3,989 | 141,410 | |
Lincoln Electric Holdings, Inc. | 3,475 | 281,162 | |
Lindsay Corp. | 448 | 42,838 | |
Lydall, Inc. (a) | 974 | 29,093 | |
Manitowoc Co., Inc. (a) | 1,489 | 27,219 | |
Meritor, Inc. (a) | 4,684 | 79,581 | |
Middleby Corp. (a)(b) | 2,759 | 309,836 | |
Milacron Holdings Corp. (a) | 3,614 | 50,596 | |
Mueller Industries, Inc. | 2,491 | 60,656 | |
Mueller Water Products, Inc. Class A | 7,999 | 82,070 | |
Navistar International Corp. New (a) | 3,430 | 114,871 | |
NN, Inc. | 1,341 | 15,556 | |
Nordson Corp. | 2,672 | 327,774 | |
Oshkosh Corp. | 4,128 | 231,746 | |
PACCAR, Inc. | 17,320 | 990,877 | |
Parker Hannifin Corp. | 6,525 | 989,386 | |
Pentair PLC | 8,488 | 340,793 | |
ProPetro Holding Corp. (a) | 3,334 | 58,845 | |
Proto Labs, Inc. (a) | 1,303 | 155,643 | |
RBC Bearings, Inc. (a) | 1,316 | 194,347 | |
Rexnord Corp. (a) | 5,352 | 143,487 | |
Snap-On, Inc. | 2,806 | 431,956 | |
Spartan Motors, Inc. | 1,648 | 11,091 | |
SPX Corp. (a) | 1,577 | 46,238 | |
SPX Flow, Inc. (a) | 2,347 | 80,338 | |
Standex International Corp. | 713 | 57,839 | |
Stanley Black & Decker, Inc. | 7,541 | 878,677 | |
Sun Hydraulics Corp. | 1,149 | 53,314 | |
Tennant Co. | 720 | 44,006 | |
Terex Corp. | 3,957 | 132,124 | |
Timken Co. | 3,354 | 132,651 | |
Titan International, Inc. | 2,028 | 14,318 | |
Toro Co. | 5,143 | 289,705 | |
TriMas Corp. (a) | 2,153 | 63,406 | |
Trinity Industries, Inc. | 7,552 | 215,610 | |
Wabash National Corp. | 2,660 | 40,166 | |
WABCO Holdings, Inc. (a) | 2,450 | 263,253 | |
Wabtec Corp. | 4,248 | 348,421 | |
Watts Water Technologies, Inc. Class A | 1,112 | 77,896 | |
Woodward, Inc. | 2,505 | 184,468 | |
Xylem, Inc. | 8,753 | 574,022 | |
23,460,430 | |||
Marine - 0.0% | |||
Eagle Bulk Shipping, Inc. (a) | 473 | 2,360 | |
Kirby Corp. (a) | 2,733 | 196,612 | |
Matson, Inc. | 2,590 | 90,857 | |
289,829 | |||
Professional Services - 0.5% | |||
Acacia Research Corp. (a) | 4,057 | 13,307 | |
Asgn, Inc. (a) | 2,338 | 156,833 | |
Barrett Business Services, Inc. | 286 | 17,995 | |
CBIZ, Inc. (a) | 2,487 | 55,162 | |
CoStar Group, Inc. (a) | 1,786 | 645,496 | |
CRA International, Inc. | 168 | 7,081 | |
Dun & Bradstreet Corp. | 1,786 | 254,112 | |
Equifax, Inc. | 6,009 | 609,553 | |
Exponent, Inc. | 2,489 | 125,595 | |
Forrester Research, Inc. | 245 | 9,869 | |
FTI Consulting, Inc. (a) | 1,971 | 136,216 | |
Heidrick & Struggles International, Inc. | 862 | 29,748 | |
Huron Consulting Group, Inc. (a) | 905 | 49,313 | |
ICF International, Inc. | 1,301 | 95,806 | |
IHS Markit Ltd. (a) | 17,784 | 934,194 | |
InnerWorkings, Inc. (a) | 1,754 | 12,611 | |
Insperity, Inc. | 1,960 | 215,306 | |
Kelly Services, Inc. Class A (non-vtg.) | 1,266 | 29,738 | |
Kforce, Inc. | 1,361 | 41,946 | |
Korn/Ferry International | 2,692 | 121,517 | |
Manpower, Inc. | 3,413 | 260,378 | |
MISTRAS Group, Inc. (a) | 434 | 8,637 | |
Navigant Consulting, Inc. | 1,776 | 38,362 | |
Nielsen Holdings PLC | 16,438 | 427,059 | |
Resources Connection, Inc. | 1,400 | 22,848 | |
Robert Half International, Inc. | 6,158 | 372,744 | |
TransUnion Holding Co., Inc. | 7,225 | 475,044 | |
TriNet Group, Inc. (a) | 2,381 | 111,883 | |
TrueBlue, Inc. (a) | 2,188 | 51,046 | |
Verisk Analytics, Inc. (a) | 7,672 | 919,412 | |
WageWorks, Inc. (a) | 2,124 | 84,556 | |
Willdan Group, Inc. (a) | 143 | 4,319 | |
6,337,686 | |||
Road & Rail - 1.0% | |||
AMERCO | 325 | 106,106 | |
ArcBest Corp. | 1,423 | 52,822 | |
Avis Budget Group, Inc. (a) | 3,483 | 97,942 | |
Covenant Transport Group, Inc. Class A (a) | 308 | 7,709 | |
CSX Corp. | 44,107 | 3,037,208 | |
Daseke, Inc. (a) | 866 | 5,265 | |
Genesee & Wyoming, Inc. Class A (a) | 3,307 | 262,014 | |
Heartland Express, Inc. | 2,117 | 41,218 | |
J.B. Hunt Transport Services, Inc. | 4,128 | 456,598 | |
Kansas City Southern | 5,173 | 527,439 | |
Knight-Swift Transportation Holdings, Inc. Class A | 6,433 | 205,856 | |
Landstar System, Inc. | 2,300 | 230,207 | |
Marten Transport Ltd. | 1,617 | 31,143 | |
Norfolk Southern Corp. | 14,149 | 2,374,627 | |
Old Dominion Freight Lines, Inc. | 3,375 | 440,168 | |
Ryder System, Inc. | 2,477 | 137,003 | |
Saia, Inc. (a) | 1,293 | 81,278 | |
Schneider National, Inc. Class B | 1,308 | 28,606 | |
Union Pacific Corp. | 38,788 | 5,671,581 | |
Werner Enterprises, Inc. | 2,216 | 71,333 | |
YRC Worldwide, Inc. (a) | 1,152 | 9,516 | |
13,875,639 | |||
Trading Companies & Distributors - 0.3% | |||
Air Lease Corp. Class A | 4,629 | 176,365 | |
Aircastle Ltd. | 2,181 | 42,377 | |
Applied Industrial Technologies, Inc. | 1,926 | 126,596 | |
Beacon Roofing Supply, Inc. (a) | 3,185 | 88,893 | |
BMC Stock Holdings, Inc. (a) | 2,606 | 43,624 | |
CAI International, Inc. (a) | 385 | 9,590 | |
DXP Enterprises, Inc. (a) | 862 | 27,394 | |
Fastenal Co. | 14,139 | 726,886 | |
GATX Corp. | 1,961 | 146,938 | |
H&E Equipment Services, Inc. | 1,668 | 40,182 | |
HD Supply Holdings, Inc. (a) | 8,875 | 333,434 | |
Herc Holdings, Inc. (a) | 1,150 | 36,869 | |
Kaman Corp. | 1,217 | 77,304 | |
MRC Global, Inc. (a) | 4,155 | 65,774 | |
MSC Industrial Direct Co., Inc. Class A | 2,056 | 166,659 | |
Nexeo Solutions, Inc. (a) | 2,235 | 23,356 | |
Now, Inc. (a) | 6,009 | 77,156 | |
Rush Enterprises, Inc. Class A | 1,461 | 51,705 | |
SiteOne Landscape Supply, Inc. (a) | 1,854 | 126,146 | |
Systemax, Inc. | 519 | 16,769 | |
Textainer Group Holdings Ltd. (a) | 946 | 11,097 | |
Titan Machinery, Inc. (a) | 850 | 12,113 | |
Triton International Ltd. | 2,228 | 71,675 | |
United Rentals, Inc. (a) | 4,204 | 504,774 | |
Univar, Inc. (a) | 6,056 | 149,099 | |
Veritiv Corp. (a) | 418 | 13,936 | |
W.W. Grainger, Inc. | 2,554 | 725,259 | |
Watsco, Inc. | 1,639 | 242,867 | |
WESCO International, Inc. (a) | 2,397 | 120,281 | |
4,255,118 | |||
Transportation Infrastructure - 0.0% | |||
Macquarie Infrastructure Co. LLC | 3,635 | 134,313 | |
TOTAL INDUSTRIALS | 136,979,273 | ||
INFORMATION TECHNOLOGY - 20.7% | |||
Communications Equipment - 1.2% | |||
ADTRAN, Inc. | 1,932 | 25,966 | |
Aerohive Networks, Inc. (a) | 473 | 1,812 | |
Applied Optoelectronics, Inc. (a)(b) | 715 | 14,035 | |
Arista Networks, Inc. (a) | 2,314 | 533,030 | |
Arris International PLC (a) | 8,515 | 211,768 | |
CalAmp Corp. (a) | 1,879 | 37,467 | |
Calix Networks, Inc. (a) | 1,584 | 11,563 | |
Carvana Co. Class A (a)(b) | 691 | 26,776 | |
Ciena Corp. (a) | 6,758 | 211,255 | |
Cisco Systems, Inc. | 244,253 | 11,174,575 | |
CommScope Holding Co., Inc. (a) | 9,717 | 233,791 | |
Comtech Telecommunications Corp. | 1,432 | 39,981 | |
EchoStar Holding Corp. Class A (a) | 2,228 | 90,345 | |
EMCORE Corp. (a) | 405 | 1,997 | |
Extreme Networks, Inc. (a) | 5,215 | 28,943 | |
F5 Networks, Inc. (a) | 3,215 | 563,525 | |
Finisar Corp. (a) | 6,143 | 102,527 | |
Harmonic, Inc. (a) | 4,388 | 24,178 | |
Infinera Corp. (a) | 5,720 | 31,689 | |
InterDigital, Inc. | 1,759 | 124,801 | |
Juniper Networks, Inc. | 18,207 | 532,919 | |
Lumentum Holdings, Inc. (a) | 3,228 | 176,410 | |
Motorola Solutions, Inc. | 8,009 | 981,583 | |
NETGEAR, Inc. (a) | 1,516 | 84,108 | |
NetScout Systems, Inc. (a) | 4,673 | 118,040 | |
Oclaro, Inc. (a) | 6,850 | 56,307 | |
Palo Alto Networks, Inc. (a) | 4,495 | 822,765 | |
Plantronics, Inc. | 2,099 | 123,778 | |
Quantenna Communications, Inc. (a) | 485 | 8,711 | |
Sonus Networks, Inc. (a) | 1,144 | 7,779 | |
Ubiquiti Networks, Inc. (b) | 1,093 | 101,747 | |
ViaSat, Inc. (a)(b) | 2,867 | 182,800 | |
Viavi Solutions, Inc. (a) | 11,110 | 128,098 | |
16,815,069 | |||
Electronic Equipment & Components - 0.9% | |||
Amphenol Corp. Class A | 15,050 | 1,346,975 | |
Anixter International, Inc. (a) | 1,521 | 99,914 | |
Arrow Electronics, Inc. (a) | 4,535 | 307,065 | |
Avnet, Inc. | 6,079 | 243,586 | |
AVX Corp. | 1,739 | 29,007 | |
Badger Meter, Inc. | 1,688 | 82,898 | |
Belden, Inc. | 1,993 | 107,722 | |
Benchmark Electronics, Inc. | 2,247 | 49,052 | |
Cardtronics PLC (a) | 2,324 | 63,120 | |
Casa Systems, Inc. (a) | 4,070 | 58,608 | |
CDW Corp. | 7,673 | 690,647 | |
Cognex Corp. | 8,425 | 360,927 | |
Coherent, Inc. (a) | 1,205 | 148,384 | |
Control4 Corp. (a) | 739 | 20,633 | |
Corning, Inc. | 43,097 | 1,376,949 | |
CTS Corp. | 1,754 | 46,814 | |
Daktronics, Inc. | 943 | 6,893 | |
Dell Technologies, Inc. (a) | 9,967 | 900,917 | |
Dolby Laboratories, Inc. Class A | 2,968 | 204,228 | |
Electro Scientific Industries, Inc. (a) | 1,882 | 54,578 | |
ePlus, Inc. (a) | 835 | 70,875 | |
Fabrinet | 2,141 | 92,748 | |
FARO Technologies, Inc. (a) | 647 | 32,699 | |
Fitbit, Inc. (a)(b) | 7,314 | 34,595 | |
FLIR Systems, Inc. | 6,863 | 317,826 | |
II-VI, Inc. (a) | 2,597 | 96,686 | |
Insight Enterprises, Inc. (a) | 1,741 | 89,992 | |
IPG Photonics Corp. (a) | 1,856 | 247,869 | |
Iteris, Inc. (a) | 486 | 2,100 | |
Itron, Inc. (a) | 1,784 | 93,018 | |
Jabil, Inc. | 9,420 | 232,957 | |
KEMET Corp. | 2,794 | 60,853 | |
Keysight Technologies, Inc. (a) | 9,132 | 521,255 | |
Knowles Corp. (a) | 4,270 | 69,089 | |
Littelfuse, Inc. | 1,184 | 214,493 | |
Maxwell Technologies, Inc. (a)(b) | 567 | 1,667 | |
Mesa Laboratories, Inc. | 168 | 30,692 | |
Methode Electronics, Inc. Class A | 1,579 | 46,738 | |
MicroVision, Inc. (a)(b) | 1,309 | 1,414 | |
MTS Systems Corp. | 827 | 39,158 | |
National Instruments Corp. | 5,298 | 259,443 | |
Novanta, Inc. (a) | 1,715 | 99,830 | |
OSI Systems, Inc. (a) | 1,145 | 79,188 | |
Park Electrochemical Corp. | 630 | 11,126 | |
PC Mall, Inc. (a) | 176 | 3,321 | |
Plexus Corp. (a) | 1,732 | 101,149 | |
Rogers Corp. (a) | 881 | 108,416 | |
Sanmina Corp. (a) | 3,088 | 78,126 | |
ScanSource, Inc. (a) | 1,619 | 62,947 | |
SYNNEX Corp. | 1,667 | 129,376 | |
TE Connectivity Ltd. | 17,472 | 1,317,738 | |
Tech Data Corp. (a) | 1,690 | 119,415 | |
Trimble, Inc. (a) | 12,410 | 463,886 | |
TTM Technologies, Inc. (a) | 4,374 | 51,176 | |
Vishay Intertechnology, Inc. | 6,262 | 114,595 | |
Zebra Technologies Corp. Class A (a) | 2,638 | 438,699 | |
11,934,072 | |||
Internet Software & Services - 0.0% | |||
ANGI Homeservices, Inc. Class A (a)(b) | 2,166 | 41,457 | |
BlackLine, Inc. (a) | 1,396 | 64,746 | |
Cision Ltd. (a) | 1,751 | 25,897 | |
GTT Communications, Inc. (a)(b) | 1,591 | 57,117 | |
Yatra Online, Inc. (a) | 302 | 1,341 | |
190,558 | |||
IT Services - 4.6% | |||
Accenture PLC Class A | 30,410 | 4,793,224 | |
Akamai Technologies, Inc. (a) | 8,400 | 606,900 | |
Alliance Data Systems Corp. | 2,375 | 489,678 | |
Amdocs Ltd. | 7,013 | 443,713 | |
Automatic Data Processing, Inc. | 21,746 | 3,133,164 | |
Booz Allen Hamilton Holding Corp. Class A | 7,429 | 368,033 | |
Broadridge Financial Solutions, Inc. | 5,738 | 671,002 | |
CACI International, Inc. Class A (a) | 1,279 | 228,250 | |
Carbonite, Inc. (a) | 844 | 28,873 | |
Cass Information Systems, Inc. | 457 | 30,208 | |
Cognizant Technology Solutions Corp. Class A | 29,249 | 2,019,058 | |
Conduent, Inc. (a) | 9,637 | 184,067 | |
CoreLogic, Inc. (a) | 3,985 | 161,871 | |
CSG Systems International, Inc. | 1,413 | 49,596 | |
DXC Technology Co. | 14,199 | 1,034,113 | |
Endurance International Group Holdings, Inc. (a) | 3,677 | 36,292 | |
EPAM Systems, Inc. (a) | 2,552 | 304,887 | |
Euronet Worldwide, Inc. (a) | 2,603 | 289,402 | |
Everi Holdings, Inc. (a) | 3,275 | 23,580 | |
EVERTEC, Inc. | 3,273 | 85,360 | |
ExlService Holdings, Inc. (a) | 1,814 | 116,277 | |
Fidelity National Information Services, Inc. | 16,539 | 1,721,710 | |
First Data Corp. Class A (a) | 21,629 | 405,327 | |
Fiserv, Inc. (a) | 20,553 | 1,629,853 | |
FleetCor Technologies, Inc. (a) | 4,390 | 878,132 | |
Gartner, Inc. (a) | 4,530 | 668,266 | |
Genpact Ltd. | 7,052 | 193,295 | |
Global Payments, Inc. | 7,895 | 901,846 | |
GoDaddy, Inc. (a) | 5,230 | 382,679 | |
Hackett Group, Inc. | 1,315 | 26,918 | |
IBM Corp. | 42,608 | 4,918,241 | |
Internap Network Services Corp. (a) | 284 | 2,434 | |
Jack Henry & Associates, Inc. | 3,817 | 571,901 | |
Leidos Holdings, Inc. | 7,059 | 457,282 | |
Limelight Networks, Inc. (a) | 3,741 | 15,076 | |
Liveramp Holdings, Inc. (a) | 3,743 | 170,980 | |
ManTech International Corp. Class A | 1,204 | 68,965 | |
MasterCard, Inc. Class A | 45,908 | 9,074,634 | |
Maximus, Inc. | 3,245 | 210,828 | |
MoneyGram International, Inc. (a) | 554 | 2,349 | |
MongoDB, Inc. Class A (b) | 355 | 28,933 | |
NIC, Inc. | 3,150 | 41,927 | |
Okta, Inc. (a) | 1,890 | 110,300 | |
Paychex, Inc. | 15,789 | 1,034,022 | |
PayPal Holdings, Inc. (a) | 55,990 | 4,713,798 | |
Perficient, Inc. (a) | 1,699 | 42,509 | |
Perspecta, Inc. | 6,935 | 169,838 | |
Presidio, Inc. | 1,261 | 16,897 | |
Sabre Corp. | 10,392 | 256,163 | |
Science Applications International Corp. | 2,368 | 164,600 | |
Square, Inc. (a) | 13,245 | 972,845 | |
Switch, Inc. Class A | 1,377 | 12,214 | |
Sykes Enterprises, Inc. (a) | 2,364 | 72,504 | |
Teradata Corp. (a) | 5,682 | 206,825 | |
The Western Union Co. | 23,707 | 427,674 | |
Total System Services, Inc. | 8,441 | 769,397 | |
Travelport Worldwide Ltd. | 5,982 | 89,491 | |
Ttec Holdings, Inc. | 408 | 10,167 | |
Twilio, Inc. Class A (a) | 3,427 | 257,779 | |
Unisys Corp. (a) | 1,995 | 36,728 | |
VeriSign, Inc. (a) | 4,380 | 624,325 | |
Virtusa Corp. (a) | 1,188 | 58,913 | |
Visa, Inc. Class A | 89,554 | 12,345,019 | |
WEX, Inc. (a) | 2,001 | 352,096 | |
Worldpay, Inc. (a) | 14,835 | 1,362,446 | |
61,575,674 | |||
Semiconductors & Semiconductor Equipment - 3.5% | |||
Acacia Communications, Inc. (a) | 760 | 26,197 | |
Advanced Energy Industries, Inc. (a) | 2,203 | 94,795 | |
Advanced Micro Devices, Inc. (a) | 40,249 | 732,934 | |
Alpha & Omega Semiconductor Ltd. (a) | 370 | 3,430 | |
Amkor Technology, Inc. (a) | 7,118 | 50,894 | |
Analog Devices, Inc. | 18,357 | 1,536,664 | |
Applied Materials, Inc. | 53,100 | 1,745,928 | |
Axcelis Technologies, Inc. (a) | 1,539 | 26,563 | |
AXT, Inc. (a) | 1,632 | 10,755 | |
Broadcom, Inc. | 20,129 | 4,498,630 | |
Brooks Automation, Inc. | 3,645 | 113,104 | |
Cabot Microelectronics Corp. | 1,392 | 135,887 | |
Ceva, Inc. (a) | 1,086 | 26,759 | |
Cirrus Logic, Inc. (a) | 3,322 | 124,376 | |
Cohu, Inc. | 1,886 | 39,229 | |
Cree, Inc. (a) | 4,865 | 188,859 | |
CyberOptics Corp. (a) | 118 | 2,495 | |
Cypress Semiconductor Corp. | 17,040 | 220,498 | |
Diodes, Inc. (a) | 2,586 | 78,071 | |
Entegris, Inc. | 7,319 | 194,246 | |
First Solar, Inc. (a) | 4,156 | 173,721 | |
FormFactor, Inc. (a) | 4,109 | 50,294 | |
Ichor Holdings Ltd. (a)(b) | 887 | 15,744 | |
Impinj, Inc. (a) | 660 | 12,936 | |
Inphi Corp. (a) | 1,958 | 62,656 | |
Integrated Device Technology, Inc. (a) | 6,570 | 307,542 | |
Intel Corp. | 231,575 | 10,856,236 | |
KLA-Tencor Corp. | 7,720 | 706,689 | |
Kopin Corp. (a) | 1,061 | 2,366 | |
Kulicke & Soffa Industries, Inc. | 3,132 | 63,674 | |
Lam Research Corp. | 8,093 | 1,147,021 | |
Lattice Semiconductor Corp. (a) | 6,873 | 41,307 | |
MACOM Technology Solutions Holdings, Inc. (a) | 1,472 | 20,711 | |
Marvell Technology Group Ltd. | 20,490 | 336,241 | |
Maxim Integrated Products, Inc. | 13,900 | 695,278 | |
MaxLinear, Inc. Class A (a) | 2,548 | 49,457 | |
Microchip Technology, Inc. (b) | 11,781 | 774,954 | |
Micron Technology, Inc. (a) | 57,245 | 2,159,281 | |
MKS Instruments, Inc. | 2,620 | 193,068 | |
Monolithic Power Systems, Inc. | 1,778 | 210,017 | |
Nanometrics, Inc. (a) | 1,028 | 32,958 | |
NeoPhotonics Corp. (a) | 1,538 | 12,304 | |
NVE Corp. | 189 | 16,008 | |
NVIDIA Corp. | 30,019 | 6,328,906 | |
ON Semiconductor Corp. (a) | 21,760 | 369,920 | |
PDF Solutions, Inc. (a) | 1,227 | 9,816 | |
Photronics, Inc. (a) | 3,002 | 29,239 | |
Pixelworks, Inc. (a) | 518 | 2,165 | |
Power Integrations, Inc. | 1,254 | 70,625 | |
Qorvo, Inc. (a) | 6,372 | 468,406 | |
Qualcomm, Inc. | 72,895 | 4,584,367 | |
Rambus, Inc. (a) | 4,921 | 42,862 | |
Rudolph Technologies, Inc. (a) | 1,360 | 28,274 | |
Semtech Corp. (a) | 3,352 | 150,639 | |
Silicon Laboratories, Inc. (a) | 1,991 | 162,326 | |
Skyworks Solutions, Inc. | 9,043 | 784,571 | |
SMART Global Holdings, Inc. (a) | 111 | 3,109 | |
SolarEdge Technologies, Inc. (a)(b) | 1,807 | 69,985 | |
SunPower Corp. (a)(b) | 2,177 | 13,084 | |
Synaptics, Inc. (a) | 1,530 | 57,436 | |
Teradyne, Inc. | 9,474 | 326,379 | |
Texas Instruments, Inc. | 48,740 | 4,524,534 | |
Ultra Clean Holdings, Inc. (a) | 1,426 | 15,002 | |
Universal Display Corp. (b) | 2,103 | 258,690 | |
Veeco Instruments, Inc. (a) | 1,807 | 17,185 | |
Versum Materials, Inc. | 5,336 | 168,404 | |
Xilinx, Inc. | 12,496 | 1,066,784 | |
Xperi Corp. | 1,993 | 25,909 | |
47,369,394 | |||
Software - 6.0% | |||
2U, Inc. (a) | 2,716 | 170,864 | |
8x8, Inc. (a) | 4,915 | 84,489 | |
A10 Networks, Inc. (a) | 2,273 | 13,206 | |
ACI Worldwide, Inc. (a) | 5,954 | 149,386 | |
Adobe, Inc. (a) | 24,413 | 5,999,739 | |
Alarm.com Holdings, Inc. (a) | 1,121 | 49,862 | |
Altair Engineering, Inc. Class A (a) | 960 | 36,614 | |
Alteryx, Inc. Class A (a)(b) | 1,323 | 70,106 | |
ANSYS, Inc. (a) | 4,267 | 638,130 | |
AppFolio, Inc. (a) | 376 | 21,470 | |
Appian Corp. Class A (a) | 543 | 13,961 | |
Apptio, Inc. Class A (a) | 138 | 3,574 | |
Aspen Technology, Inc. (a) | 3,681 | 312,480 | |
Asure Software, Inc. (a) | 198 | 2,206 | |
Autodesk, Inc. (a) | 10,949 | 1,415,158 | |
Avaya Holdings Corp. (a) | 5,663 | 92,986 | |
Benefitfocus, Inc. (a) | 1,311 | 46,580 | |
Black Knight, Inc. (a) | 5,713 | 278,623 | |
Blackbaud, Inc. | 2,460 | 176,431 | |
Bottomline Technologies, Inc. (a) | 2,091 | 139,344 | |
Box, Inc. Class A (a) | 6,260 | 112,680 | |
CA Technologies, Inc. | 15,283 | 677,954 | |
Cadence Design Systems, Inc. (a) | 13,815 | 615,735 | |
CDK Global, Inc. | 6,548 | 374,808 | |
Citrix Systems, Inc. | 7,083 | 725,795 | |
Cloudera, Inc. (a) | 3,617 | 49,770 | |
CommVault Systems, Inc. (a) | 2,915 | 169,711 | |
Cornerstone OnDemand, Inc. (a) | 2,635 | 129,774 | |
Coupa Software, Inc. (a) | 1,372 | 88,947 | |
Digimarc Corp. (a) | 462 | 11,610 | |
Ebix, Inc. | 1,075 | 61,608 | |
Ellie Mae, Inc. (a)(b) | 1,851 | 122,684 | |
Envestnet, Inc. (a) | 2,522 | 131,194 | |
Everbridge, Inc. (a) | 709 | 36,038 | |
Fair Isaac Corp. (a) | 1,600 | 308,336 | |
FireEye, Inc. (a) | 8,435 | 155,963 | |
Five9, Inc. (a) | 2,431 | 95,684 | |
Forescout Technologies, Inc. (a) | 799 | 22,004 | |
Fortinet, Inc. (a) | 7,462 | 613,227 | |
Guidewire Software, Inc. (a) | 4,049 | 360,240 | |
Hortonworks, Inc. (a) | 2,020 | 36,077 | |
HubSpot, Inc. (a) | 1,743 | 236,438 | |
Imperva, Inc. (a) | 1,481 | 81,973 | |
Instructure, Inc. (a) | 724 | 27,034 | |
Intuit, Inc. | 12,019 | 2,536,009 | |
j2 Global, Inc. | 2,200 | 160,248 | |
LivePerson, Inc. (a) | 3,089 | 69,811 | |
LogMeIn, Inc. | 2,574 | 221,673 | |
Manhattan Associates, Inc. (a) | 3,302 | 157,637 | |
Microsoft Corp. | 381,449 | 40,742,568 | |
MicroStrategy, Inc. Class A (a) | 353 | 44,467 | |
MINDBODY, Inc. (a) | 1,220 | 38,845 | |
Mitek Systems, Inc. (a) | 2,054 | 18,835 | |
MobileIron, Inc. (a) | 2,165 | 10,468 | |
Model N, Inc. (a) | 1,047 | 16,082 | |
Monotype Imaging Holdings, Inc. | 2,037 | 35,709 | |
New Relic, Inc. (a) | 2,073 | 185,015 | |
Nuance Communications, Inc. (a) | 13,359 | 232,313 | |
Nutanix, Inc. Class A (a) | 2,753 | 114,277 | |
Onespan, Inc. (a) | 1,320 | 19,371 | |
Oracle Corp. | 150,522 | 7,351,494 | |
Parametric Technology Corp. (a) | 5,661 | 466,523 | |
Paycom Software, Inc. (a)(b) | 2,346 | 293,719 | |
Paylocity Holding Corp. (a) | 1,541 | 101,382 | |
Pegasystems, Inc. | 1,761 | 94,249 | |
Progress Software Corp. | 2,665 | 85,653 | |
Proofpoint, Inc. (a) | 2,157 | 196,179 | |
PROS Holdings, Inc. (a) | 1,606 | 52,870 | |
Q2 Holdings, Inc. (a) | 1,439 | 76,598 | |
QAD, Inc. Class A | 381 | 16,166 | |
Qualys, Inc. (a) | 1,554 | 110,707 | |
Rapid7, Inc. (a) | 1,174 | 42,546 | |
RealPage, Inc. (a) | 3,123 | 165,519 | |
Red Hat, Inc. (a) | 8,779 | 1,506,828 | |
Red Violet, Inc. (a) | 510 | 3,004 | |
RingCentral, Inc. (a) | 3,398 | 264,127 | |
SailPoint Technologies Holding, Inc. (a) | 953 | 24,816 | |
Salesforce.com, Inc. (a) | 33,972 | 4,662,317 | |
SendGrid, Inc. (a) | 468 | 16,998 | |
ServiceNow, Inc. (a) | 8,646 | 1,565,272 | |
Splunk, Inc. (a) | 6,897 | 688,596 | |
SPS Commerce, Inc. (a) | 997 | 92,811 | |
SS&C Technologies Holdings, Inc. | 8,482 | 433,939 | |
Symantec Corp. | 30,396 | 551,687 | |
Synopsys, Inc. (a) | 7,620 | 682,219 | |
Tableau Software, Inc. (a) | 3,031 | 323,347 | |
The Rubicon Project, Inc. (a) | 790 | 2,694 | |
The Trade Desk, Inc. (a) | 917 | 113,295 | |
TiVo Corp. | 5,357 | 58,927 | |
Tyler Technologies, Inc. (a) | 1,795 | 379,930 | |
Ultimate Software Group, Inc. (a) | 1,444 | 385,014 | |
Upland Software, Inc. (a) | 259 | 8,169 | |
Varonis Systems, Inc. (a) | 814 | 49,711 | |
Verint Systems, Inc. (a) | 3,089 | 141,075 | |
VirnetX Holding Corp. (a) | 2,245 | 7,409 | |
VMware, Inc. Class A (a) | 3,341 | 472,384 | |
Workday, Inc. Class A (a) | 6,649 | 884,450 | |
Workiva, Inc. (a) | 1,235 | 42,101 | |
Zendesk, Inc. (a) | 5,129 | 281,941 | |
82,260,487 | |||
Technology Hardware, Storage & Peripherals - 4.5% | |||
3D Systems Corp. (a)(b) | 5,327 | 64,350 | |
Apple, Inc. | 254,044 | 55,600,034 | |
Avid Technology, Inc. (a) | 595 | 3,154 | |
Cray, Inc. (a) | 1,823 | 41,364 | |
Diebold Nixdorf, Inc. (b) | 3,393 | 13,233 | |
Eastman Kodak Co. (a)(b) | 704 | 1,718 | |
Electronics for Imaging, Inc. (a) | 1,963 | 59,773 | |
Hewlett Packard Enterprise Co. | 78,476 | 1,196,759 | |
HP, Inc. | 83,207 | 2,008,617 | |
Immersion Corp. (a) | 640 | 6,406 | |
NCR Corp. (a) | 6,297 | 169,074 | |
NetApp, Inc. | 13,559 | 1,064,246 | |
Pure Storage, Inc. Class A (a) | 5,242 | 105,784 | |
Quantum Corp. (a) | 557 | 1,281 | |
Seagate Technology LLC | 14,221 | 572,111 | |
U.S.A. Technologies, Inc. (a) | 2,071 | 12,012 | |
Western Digital Corp. | 14,553 | 626,798 | |
Xerox Corp. | 11,069 | 308,493 | |
61,855,207 | |||
TOTAL INFORMATION TECHNOLOGY | 282,000,461 | ||
MATERIALS - 2.6% | |||
Chemicals - 1.6% | |||
A. Schulman, Inc. rights (a)(c) | 493 | 942 | |
Advanced Emissions Solutions, Inc. | 349 | 3,455 | |
AdvanSix, Inc. (a) | 1,506 | 41,776 | |
Air Products & Chemicals, Inc. | 10,788 | 1,665,128 | |
Albemarle Corp. U.S. | 5,495 | 545,214 | |
American Vanguard Corp. | 1,302 | 20,962 | |
Ashland Global Holdings, Inc. | 2,965 | 219,351 | |
Axalta Coating Systems Ltd. (a) | 11,548 | 285,005 | |
Balchem Corp. | 1,625 | 152,181 | |
Cabot Corp. | 3,225 | 156,993 | |
Celanese Corp. Class A | 6,723 | 651,728 | |
CF Industries Holdings, Inc. | 11,764 | 565,025 | |
Chase Corp. | 272 | 29,332 | |
DowDuPont, Inc. | 115,841 | 6,246,147 | |
Eastman Chemical Co. | 7,121 | 557,930 | |
Ecolab, Inc. | 12,733 | 1,950,059 | |
Ferro Corp. (a) | 3,606 | 61,086 | |
Flotek Industries, Inc. (a) | 973 | 1,761 | |
FMC Corp. | 6,690 | 522,355 | |
H.B. Fuller Co. | 2,711 | 120,531 | |
Hawkins, Inc. | 233 | 7,843 | |
Huntsman Corp. | 10,170 | 222,520 | |
Ingevity Corp. (a) | 2,054 | 187,078 | |
Innophos Holdings, Inc. | 960 | 28,128 | |
Innospec, Inc. | 1,039 | 69,530 | |
International Flavors & Fragrances, Inc. | 3,889 | 562,583 | |
Intrepid Potash, Inc. (a) | 3,828 | 15,121 | |
KMG Chemicals, Inc. | 493 | 36,985 | |
Koppers Holdings, Inc. (a) | 991 | 26,509 | |
Kraton Performance Polymers, Inc. (a) | 1,357 | 37,372 | |
Kronos Worldwide, Inc. | 925 | 12,978 | |
LSB Industries, Inc. (a) | 366 | 2,782 | |
LyondellBasell Industries NV Class A | 16,094 | 1,436,711 | |
Minerals Technologies, Inc. | 2,412 | 132,057 | |
NewMarket Corp. | 486 | 187,577 | |
Olin Corp. | 7,702 | 155,580 | |
OMNOVA Solutions, Inc. (a) | 1,203 | 8,890 | |
Platform Specialty Products Corp. (a) | 10,414 | 112,679 | |
PolyOne Corp. | 3,965 | 128,109 | |
PPG Industries, Inc. | 12,693 | 1,333,907 | |
PQ Group Holdings, Inc. (a) | 1,526 | 24,492 | |
Quaker Chemical Corp. | 670 | 120,533 | |
Rayonier Advanced Materials, Inc. | 2,231 | 27,620 | |
RPM International, Inc. | 6,578 | 402,376 | |
Sensient Technologies Corp. | 2,147 | 139,254 | |
Sherwin-Williams Co. | 4,080 | 1,605,358 | |
Stepan Co. | 1,144 | 94,483 | |
The Chemours Co. LLC | 9,113 | 300,820 | |
The Mosaic Co. | 17,363 | 537,211 | |
The Scotts Miracle-Gro Co. Class A | 2,334 | 155,771 | |
Trinseo SA | 2,002 | 107,868 | |
Tronox Ltd. Class A | 3,850 | 44,083 | |
Valvoline, Inc. | 10,349 | 206,152 | |
Venator Materials PLC (a) | 2,162 | 14,615 | |
W.R. Grace & Co. | 3,105 | 201,173 | |
Westlake Chemical Corp. | 1,694 | 120,782 | |
22,604,491 | |||
Construction Materials - 0.1% | |||
Eagle Materials, Inc. | 2,788 | 205,866 | |
Forterra, Inc. (a) | 359 | 1,619 | |
Foundation Building Materials, Inc. (a) | 198 | 1,887 | |
Martin Marietta Materials, Inc. | 3,124 | 535,079 | |
nVent Electric PLC | 8,153 | 199,096 | |
Summit Materials, Inc. | 4,910 | 66,285 | |
U.S. Concrete, Inc. (a) | 645 | 21,053 | |
United States Lime & Minerals, Inc. | 22 | 1,650 | |
Vulcan Materials Co. | 6,485 | 655,893 | |
1,688,428 | |||
Containers & Packaging - 0.4% | |||
Aptargroup, Inc. | 3,124 | 318,523 | |
Avery Dennison Corp. | 4,371 | 396,537 | |
Ball Corp. | 17,200 | 770,560 | |
Bemis Co., Inc. | 4,445 | 203,448 | |
Berry Global Group, Inc. (a) | 6,363 | 277,554 | |
Crown Holdings, Inc. (a) | 6,783 | 286,853 | |
Graphic Packaging Holding Co. | 15,046 | 165,656 | |
Greif, Inc. Class A | 1,048 | 49,570 | |
International Paper Co. | 20,266 | 919,266 | |
Myers Industries, Inc. | 868 | 13,766 | |
Owens-Illinois, Inc. (a) | 7,782 | 121,944 | |
Packaging Corp. of America | 4,683 | 429,946 | |
Sealed Air Corp. | 9,024 | 292,017 | |
Silgan Holdings, Inc. | 3,535 | 84,946 | |
Sonoco Products Co. | 5,222 | 285,017 | |
WestRock Co. | 12,683 | 544,989 | |
5,160,592 | |||
Metals & Mining - 0.4% | |||
AK Steel Holding Corp. (a)(b) | 16,538 | 61,191 | |
Alcoa Corp. (a) | 8,523 | 298,220 | |
Allegheny Technologies, Inc. (a) | 5,918 | 153,217 | |
Atkore International Group, Inc. (a) | 732 | 14,098 | |
Carpenter Technology Corp. | 2,197 | 95,811 | |
Century Aluminum Co. (a) | 2,078 | 16,499 | |
Cleveland-Cliffs, Inc. (b) | 13,816 | 148,660 | |
Coeur d'Alene Mines Corp. (a) | 8,762 | 41,882 | |
Commercial Metals Co. | 6,200 | 118,172 | |
Compass Minerals International, Inc. | 1,807 | 87,658 | |
Freeport-McMoRan, Inc. | 66,164 | 770,811 | |
Gold Resource Corp. | 3,817 | 16,528 | |
Haynes International, Inc. | 1,092 | 31,624 | |
Hecla Mining Co. | 17,868 | 42,883 | |
Kaiser Aluminum Corp. | 728 | 69,429 | |
Materion Corp. | 1,291 | 73,368 | |
McEwen Mining, Inc. (b) | 12,248 | 24,006 | |
Newmont Mining Corp. | 26,145 | 808,403 | |
Nucor Corp. | 15,984 | 944,974 | |
Olympic Steel, Inc. | 153 | 2,886 | |
Reliance Steel & Aluminum Co. | 3,535 | 278,982 | |
Royal Gold, Inc. | 3,270 | 250,580 | |
Ryerson Holding Corp. (a) | 285 | 2,616 | |
Schnitzer Steel Industries, Inc. Class A | 1,365 | 36,719 | |
Steel Dynamics, Inc. | 11,654 | 461,498 | |
SunCoke Energy, Inc. | 4,021 | 45,035 | |
TimkenSteel Corp. (a) | 1,425 | 16,573 | |
United States Steel Corp. | 8,812 | 233,782 | |
Warrior Metropolitan Coal, Inc. | 784 | 21,952 | |
Worthington Industries, Inc. | 2,169 | 90,838 | |
5,258,895 | |||
Paper & Forest Products - 0.1% | |||
Boise Cascade Co. | 1,564 | 48,156 | |
Clearwater Paper Corp. (a) | 603 | 14,556 | |
Domtar Corp. | 3,081 | 142,681 | |
Kapstone Paper & Packaging Corp. | 4,242 | 148,470 | |
Louisiana-Pacific Corp. | 7,548 | 164,320 | |
Mercer International, Inc. (SBI) | 2,652 | 40,337 | |
Neenah, Inc. | 720 | 57,931 | |
P.H. Glatfelter Co. | 2,627 | 47,023 | |
Resolute Forest Products | 4,537 | 51,132 | |
Schweitzer-Mauduit International, Inc. | 1,769 | 56,466 | |
Verso Corp. (a) | 1,561 | 43,880 | |
814,952 | |||
TOTAL MATERIALS | 35,527,358 | ||
REAL ESTATE - 3.6% | |||
Equity Real Estate Investment Trusts (REITs) - 3.5% | |||
Acadia Realty Trust (SBI) | 4,681 | 130,319 | |
Agree Realty Corp. | 1,830 | 104,804 | |
Alexander & Baldwin, Inc. | 3,010 | 58,815 | |
Alexanders, Inc. | 198 | 62,372 | |
Alexandria Real Estate Equities, Inc. | 5,170 | 631,929 | |
American Assets Trust, Inc. | 1,474 | 56,543 | |
American Campus Communities, Inc. | 6,428 | 253,970 | |
American Homes 4 Rent Class A | 12,369 | 260,615 | |
American Tower Corp. | 21,169 | 3,298,342 | |
Americold Realty Trust | 2,575 | 63,731 | |
Apartment Investment & Management Co. Class A | 7,444 | 320,390 | |
Apple Hospitality (REIT), Inc. | 10,144 | 164,028 | |
Armada Hoffler Properties, Inc. | 1,131 | 16,942 | |
Ashford Hospitality Trust, Inc. | 3,749 | 19,307 | |
AvalonBay Communities, Inc. | 6,797 | 1,192,058 | |
Bluerock Residential Growth (REIT), Inc. | 351 | 3,324 | |
Boston Properties, Inc. | 7,564 | 913,429 | |
Braemar Hotels & Resorts, Inc. | 823 | 8,757 | |
Brandywine Realty Trust (SBI) | 9,710 | 136,523 | |
Brixmor Property Group, Inc. | 14,938 | 241,996 | |
Camden Property Trust (SBI) | 4,548 | 410,548 | |
CareTrust (REIT), Inc. | 3,795 | 67,020 | |
CatchMark Timber Trust, Inc. | 4,356 | 38,551 | |
CBL & Associates Properties, Inc. (b) | 6,928 | 22,862 | |
Cedar Realty Trust, Inc. | 2,268 | 8,550 | |
Chatham Lodging Trust | 1,975 | 38,513 | |
Chesapeake Lodging Trust | 2,479 | 72,858 | |
City Office REIT, Inc. | 735 | 8,100 | |
Colony Capital, Inc. | 27,275 | 160,104 | |
Columbia Property Trust, Inc. | 6,770 | 151,987 | |
Community Healthcare Trust, Inc. | 1,094 | 32,514 | |
CorEnergy Infrastructure Trust, Inc. | 238 | 8,599 | |
CorePoint Lodging, Inc. | 1,727 | 28,271 | |
CoreSite Realty Corp. | 1,724 | 161,815 | |
Corporate Office Properties Trust (SBI) | 5,183 | 133,929 | |
Corrections Corp. of America | 6,248 | 140,330 | |
Cousins Properties, Inc. | 25,162 | 209,096 | |
Crown Castle International Corp. | 20,064 | 2,181,759 | |
CubeSmart | 9,186 | 266,210 | |
CyrusOne, Inc. | 4,764 | 253,588 | |
DDR Corp. | 8,230 | 102,299 | |
DiamondRock Hospitality Co. | 11,172 | 116,747 | |
Digital Realty Trust, Inc. | 10,200 | 1,053,252 | |
Douglas Emmett, Inc. | 7,486 | 270,918 | |
Duke Realty Corp. | 18,298 | 504,476 | |
Easterly Government Properties, Inc. | 2,365 | 42,972 | |
EastGroup Properties, Inc. | 1,970 | 188,706 | |
Empire State Realty Trust, Inc. | 5,930 | 94,050 | |
EPR Properties | 3,247 | 223,199 | |
Equinix, Inc. | 3,877 | 1,468,375 | |
Equity Commonwealth | 6,658 | 198,275 | |
Equity Lifestyle Properties, Inc. | 4,308 | 407,925 | |
Equity Residential (SBI) | 18,040 | 1,171,878 | |
Essex Property Trust, Inc. | 3,257 | 816,790 | |
Extra Space Storage, Inc. | 6,343 | 571,251 | |
Farmland Partners, Inc. (b) | 594 | 4,069 | |
Federal Realty Investment Trust (SBI) | 3,659 | 453,899 | |
First Industrial Realty Trust, Inc. | 5,635 | 172,995 | |
Forest City Realty Trust, Inc. Class A | 12,764 | 321,142 | |
Four Corners Property Trust, Inc. | 2,711 | 70,703 | |
Franklin Street Properties Corp. | 4,083 | 28,418 | |
Front Yard Residential Corp. Class B | 2,383 | 22,090 | |
Gaming & Leisure Properties | 10,045 | 338,416 | |
Getty Realty Corp. | 1,846 | 49,528 | |
Gladstone Commercial Corp. | 697 | 13,236 | |
Global Medical REIT, Inc. | 289 | 2,647 | |
Global Net Lease, Inc. | 4,314 | 87,359 | |
Government Properties Income Trust | 4,137 | 36,530 | |
HCP, Inc. | 23,366 | 643,733 | |
Healthcare Realty Trust, Inc. | 6,337 | 176,549 | |
Healthcare Trust of America, Inc. | 10,989 | 288,571 | |
Hersha Hospitality Trust | 1,846 | 32,416 | |
Highwoods Properties, Inc. (SBI) | 4,759 | 202,924 | |
Hospitality Properties Trust (SBI) | 7,855 | 201,245 | |
Host Hotels & Resorts, Inc. | 36,089 | 689,661 | |
Hudson Pacific Properties, Inc. | 7,612 | 230,644 | |
Independence Realty Trust, Inc. | 4,392 | 43,525 | |
Industrial Logistics Properties Trust | 661 | 14,271 | |
InfraReit, Inc. | 2,035 | 42,776 | |
Investors Real Estate Trust | 8,703 | 47,257 | |
Invitation Homes, Inc. | 14,402 | 315,116 | |
Iron Mountain, Inc. | 13,984 | 428,050 | |
iStar Financial, Inc. | 2,881 | 30,251 | |
JBG SMITH Properties | 5,049 | 189,237 | |
Jernigan Capital, Inc. | 213 | 4,168 | |
Kilroy Realty Corp. | 5,190 | 357,487 | |
Kimco Realty Corp. | 21,239 | 341,736 | |
Kite Realty Group Trust | 4,350 | 68,904 | |
Lamar Advertising Co. Class A | 4,222 | 309,557 | |
LaSalle Hotel Properties (SBI) | 5,481 | 180,928 | |
Lexington Corporate Properties Trust | 9,500 | 73,815 | |
Liberty Property Trust (SBI) | 7,001 | 293,132 | |
Life Storage, Inc. | 2,171 | 204,421 | |
LTC Properties, Inc. | 2,487 | 106,369 | |
Mack-Cali Realty Corp. | 3,943 | 80,043 | |
MedEquities Realty Trust, Inc. | 835 | 6,905 | |
Medical Properties Trust, Inc. | 18,752 | 278,655 | |
Mid-America Apartment Communities, Inc. | 5,789 | 565,643 | |
Monmouth Real Estate Investment Corp. Class A | 3,284 | 49,129 | |
National Health Investors, Inc. | 1,912 | 140,456 | |
National Retail Properties, Inc. | 7,953 | 371,803 | |
National Storage Affiliates Trust | 2,854 | 76,002 | |
New Senior Investment Group, Inc. | 4,135 | 23,652 | |
NexPoint Residential Trust, Inc. | 709 | 25,269 | |
NorthStar Realty Europe Corp. | 2,371 | 31,819 | |
Omega Healthcare Investors, Inc. | 10,032 | 334,567 | |
Outfront Media, Inc. | 6,662 | 118,051 | |
Paramount Group, Inc. | 9,141 | 130,625 | |
Park Hotels & Resorts, Inc. | 8,001 | 232,589 | |
Pebblebrook Hotel Trust (b) | 3,880 | 130,795 | |
Pennsylvania Real Estate Investment Trust (SBI) (b) | 3,454 | 30,913 | |
Physicians Realty Trust | 8,886 | 147,330 | |
Piedmont Office Realty Trust, Inc. Class A | 6,712 | 120,950 | |
Potlatch Corp. | 1,839 | 66,664 | |
Preferred Apartment Communities, Inc. Class A | 1,781 | 30,010 | |
Prologis, Inc. | 26,392 | 1,701,492 | |
PS Business Parks, Inc. | 1,098 | 143,399 | |
Public Storage | 7,394 | 1,519,245 | |
QTS Realty Trust, Inc. Class A | 2,531 | 96,988 | |
Ramco-Gershenson Properties Trust (SBI) | 3,259 | 43,280 | |
Rayonier, Inc. | 6,727 | 203,155 | |
Realty Income Corp. | 13,979 | 842,514 | |
Regency Centers Corp. | 7,760 | 491,674 | |
Retail Opportunity Investments Corp. | 4,733 | 83,253 | |
Retail Properties America, Inc. | 11,365 | 139,449 | |
Rexford Industrial Realty, Inc. | 4,214 | 133,457 | |
RLJ Lodging Trust | 9,021 | 175,368 | |
Ryman Hospitality Properties, Inc. | 2,664 | 206,700 | |
Sabra Health Care REIT, Inc. | 8,960 | 193,984 | |
Safety Income and Growth, Inc. | 136 | 2,445 | |
Saul Centers, Inc. | 668 | 31,904 | |
SBA Communications Corp. Class A (a) | 5,831 | 945,613 | |
Select Income REIT | 2,715 | 51,341 | |
Senior Housing Properties Trust (SBI) | 11,599 | 186,396 | |
Seritage Growth Properties (b) | 1,276 | 48,514 | |
Simon Property Group, Inc. | 15,356 | 2,818,133 | |
SL Green Realty Corp. | 4,866 | 444,071 | |
Spirit MTA REIT | 1,828 | 19,578 | |
Spirit Realty Capital, Inc. | 20,577 | 160,912 | |
Stag Industrial, Inc. | 4,271 | 113,011 | |
Store Capital Corp. | 7,686 | 223,125 | |
Summit Hotel Properties, Inc. | 4,462 | 51,402 | |
Sun Communities, Inc. | 3,951 | 396,957 | |
Sunstone Hotel Investors, Inc. | 11,843 | 171,368 | |
Tanger Factory Outlet Centers, Inc. | 5,557 | 123,699 | |
Taubman Centers, Inc. | 2,837 | 156,063 | |
Terreno Realty Corp. | 2,947 | 110,306 | |
The GEO Group, Inc. | 6,110 | 135,092 | |
The Macerich Co. | 5,323 | 274,773 | |
TIER REIT, Inc. | 3,063 | 66,375 | |
UDR, Inc. | 12,947 | 507,393 | |
UMH Properties, Inc. | 2,207 | 31,626 | |
Uniti Group, Inc. | 7,926 | 151,704 | |
Universal Health Realty Income Trust (SBI) | 754 | 48,331 | |
Urban Edge Properties | 6,648 | 136,218 | |
Urstadt Biddle Properties, Inc. Class A | 1,835 | 36,535 | |
Ventas, Inc. | 17,809 | 1,033,634 | |
VEREIT, Inc. | 48,502 | 355,520 | |
Vornado Realty Trust | 8,511 | 579,429 | |
Washington Prime Group, Inc. | 8,676 | 55,526 | |
Washington REIT (SBI) | 3,901 | 108,721 | |
Weingarten Realty Investors (SBI) | 5,599 | 157,444 | |
Welltower, Inc. | 18,193 | 1,202,012 | |
Weyerhaeuser Co. | 37,732 | 1,004,803 | |
Whitestone REIT Class B | 2,758 | 37,123 | |
WP Carey, Inc. | 5,106 | 337,047 | |
Xenia Hotels & Resorts, Inc. | 5,881 | 120,855 | |
48,083,113 | |||
Real Estate Management & Development - 0.1% | |||
Altisource Portfolio Solutions SA (a) | 473 | 11,934 | |
CBRE Group, Inc. (a) | 15,042 | 606,042 | |
Colony NorthStar Credit Real Estate, Inc. | 3,854 | 82,244 | |
Forestar Group, Inc. (a) | 182 | 3,276 | |
HFF, Inc. | 1,918 | 70,487 | |
Howard Hughes Corp. (a) | 1,981 | 220,921 | |
Jones Lang LaSalle, Inc. | 2,308 | 305,256 | |
Kennedy-Wilson Holdings, Inc. | 6,553 | 124,376 | |
Marcus & Millichap, Inc. (a) | 484 | 16,804 | |
Newmark Group, Inc. | 5,118 | 49,849 | |
RE/MAX Holdings, Inc. | 851 | 31,819 | |
Realogy Holdings Corp. (b) | 6,665 | 127,102 | |
Retail Value, Inc. (a) | 763 | 21,372 | |
Tejon Ranch Co. (a) | 511 | 9,709 | |
The St. Joe Co. (a) | 2,455 | 37,291 | |
1,718,482 | |||
TOTAL REAL ESTATE | 49,801,595 | ||
UTILITIES - 3.0% | |||
Electric Utilities - 1.7% | |||
Allete, Inc. | 2,607 | 192,918 | |
Alliant Energy Corp. | 11,523 | 495,259 | |
American Electric Power Co., Inc. | 24,283 | 1,781,401 | |
Duke Energy Corp. | 34,547 | 2,854,619 | |
Edison International | 16,156 | 1,121,065 | |
El Paso Electric Co. | 2,083 | 118,835 | |
Entergy Corp. | 8,841 | 742,202 | |
Evergy, Inc. | 6,919 | 387,395 | |
Eversource Energy | 15,663 | 990,841 | |
Exelon Corp. | 47,266 | 2,070,723 | |
FirstEnergy Corp. | 21,944 | 818,072 | |
Hawaiian Electric Industries, Inc. | 4,876 | 181,875 | |
IDACORP, Inc. | 2,571 | 239,771 | |
MGE Energy, Inc. | 2,004 | 125,210 | |
NextEra Energy, Inc. | 23,098 | 3,984,405 | |
OGE Energy Corp. | 9,958 | 359,982 | |
Otter Tail Corp. | 2,163 | 97,486 | |
PG&E Corp. | 25,566 | 1,196,744 | |
Pinnacle West Capital Corp. | 5,371 | 441,765 | |
PNM Resources, Inc. | 4,253 | 163,358 | |
Portland General Electric Co. | 4,589 | 206,872 | |
PPL Corp. | 33,512 | 1,018,765 | |
Southern Co. | 49,786 | 2,241,864 | |
Spark Energy, Inc. Class A, | 210 | 1,567 | |
Vistra Energy Corp. (a) | 14,101 | 319,106 | |
Xcel Energy, Inc. | 25,110 | 1,230,641 | |
23,382,741 | |||
Gas Utilities - 0.2% | |||
Atmos Energy Corp. | 5,373 | 500,119 | |
Chesapeake Utilities Corp. | 868 | 68,963 | |
National Fuel Gas Co. | 4,290 | 232,904 | |
New Jersey Resources Corp. | 4,300 | 193,930 | |
Northwest Natural Holding Co. | 1,270 | 82,283 | |
ONE Gas, Inc. | 2,589 | 204,298 | |
South Jersey Industries, Inc. | 3,722 | 109,948 | |
Southwest Gas Holdings, Inc. | 2,444 | 188,848 | |
Spire, Inc. | 2,403 | 174,410 | |
UGI Corp. | 8,556 | 453,981 | |
2,209,684 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Energy, Inc. | 14,806 | 535,829 | |
NRG Yield, Inc.: | |||
Class A | 2,607 | 50,628 | |
Class C | 1,766 | 34,631 | |
Ormat Technologies, Inc. | 1,634 | 83,612 | |
Pattern Energy Group, Inc. | 4,885 | 87,539 | |
Terraform Power, Inc. | 2,123 | 23,926 | |
The AES Corp. | 32,883 | 479,434 | |
1,295,599 | |||
Multi-Utilities - 0.9% | |||
Ameren Corp. | 12,006 | 775,347 | |
Avangrid, Inc. | 2,676 | 125,799 | |
Avista Corp. | 2,991 | 153,797 | |
Black Hills Corp. | 2,496 | 148,512 | |
CenterPoint Energy, Inc. | 21,470 | 579,905 | |
CMS Energy Corp. | 13,848 | 685,753 | |
Consolidated Edison, Inc. | 15,381 | 1,168,956 | |
Dominion Resources, Inc. | 31,615 | 2,257,943 | |
DTE Energy Co. | 8,884 | 998,562 | |
MDU Resources Group, Inc. | 10,584 | 264,177 | |
NiSource, Inc. | 16,707 | 423,690 | |
NorthWestern Energy Corp. | 2,634 | 154,774 | |
Public Service Enterprise Group, Inc. | 25,089 | 1,340,505 | |
SCANA Corp. | 6,959 | 278,708 | |
Sempra Energy | 12,395 | 1,364,937 | |
Unitil Corp. | 689 | 32,734 | |
Vectren Corp. | 3,622 | 259,082 | |
WEC Energy Group, Inc. | 15,545 | 1,063,278 | |
12,076,459 | |||
Water Utilities - 0.1% | |||
American States Water Co. | 2,127 | 130,215 | |
American Water Works Co., Inc. | 8,807 | 779,684 | |
Aqua America, Inc. | 8,450 | 274,879 | |
AquaVenture Holdings Ltd. (a) | 204 | 3,417 | |
Cadiz, Inc. (a) | 853 | 9,485 | |
California Water Service Group | 2,531 | 106,302 | |
Connecticut Water Service, Inc. | 666 | 46,034 | |
Middlesex Water Co. | 850 | 38,250 | |
Select Energy Services, Inc. Class A (a) | 389 | 3,719 | |
SJW Corp. | 686 | 41,661 | |
1,433,646 | |||
TOTAL UTILITIES | 40,398,129 | ||
TOTAL COMMON STOCKS | |||
(Cost $1,441,185,712) | 1,361,498,470 | ||
Money Market Funds - 1.4% | |||
Fidelity Cash Central Fund, 2.23% (d) | 10,933,042 | 10,935,228 | |
Fidelity Securities Lending Cash Central Fund 2.23% (d)(e) | 8,040,315 | 8,041,119 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $18,976,347) | 18,976,347 | ||
TOTAL INVESTMENT IN SECURITIES - 101.2% | |||
(Cost $1,460,162,059) | 1,380,474,817 | ||
NET OTHER ASSETS (LIABILITIES) - (1.2)% | (16,328,900) | ||
NET ASSETS - 100% | $1,364,145,917 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 2 | Dec. 2018 | $151,190 | $3,353 | $3,353 |
CME E-mini S&P 500 Index Contracts (United States) | 18 | Dec. 2018 | 2,439,990 | 48,183 | 48,183 |
TOTAL FUTURES CONTRACTS | $51,536 |
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) Level 3 security
(d) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC's website or upon request.
(e) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $60,123 |
Fidelity Securities Lending Cash Central Fund | 7,479 |
Total | $67,602 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of October 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $122,950,027 | $122,950,027 | $-- | $-- |
Consumer Discretionary | 138,688,134 | 138,688,134 | -- | -- |
Consumer Staples | 90,611,302 | 90,611,302 | -- | -- |
Energy | 72,603,481 | 72,603,481 | -- | -- |
Financials | 194,385,922 | 194,385,922 | -- | -- |
Health Care | 197,552,788 | 197,552,788 | -- | -- |
Industrials | 136,979,273 | 136,979,273 | -- | -- |
Information Technology | 282,000,461 | 282,000,461 | -- | -- |
Materials | 35,527,358 | 35,526,416 | -- | 942 |
Real Estate | 49,801,595 | 49,801,595 | -- | -- |
Utilities | 40,398,129 | 40,398,129 | -- | -- |
Money Market Funds | 18,976,347 | 18,976,347 | -- | -- |
Total Investments in Securities: | $1,380,474,817 | $1,380,473,875 | $-- | $942 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $51,536 | $51,536 | $-- | $-- |
Total Assets | $51,536 | $51,536 | $-- | $-- |
Total Derivative Instruments: | $51,536 | $51,536 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of October 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $51,536 | $0 |
Total Equity Risk | 51,536 | 0 |
Total Value of Derivatives | $51,536 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity ZERO℠ Total Market Index Fund
Financial Statements
Statement of Assets and Liabilities
October 31, 2018 | ||
Assets | ||
Investment in securities, at value (including securities loaned of $7,915,679) See accompanying schedule: Unaffiliated issuers (cost $1,441,185,712) | $1,361,498,470 | |
Fidelity Central Funds (cost $18,976,347) | 18,976,347 | |
Total Investment in Securities (cost $1,460,162,059) | $1,380,474,817 | |
Segregated cash with brokers for derivative instruments | 100,210 | |
Cash | 50,728 | |
Receivable for fund shares sold | 18,486,060 | |
Dividends receivable | 981,762 | |
Distributions receivable from Fidelity Central Funds | 23,220 | |
Receivable for daily variation margin on futures contracts | 18,131 | |
Total assets | 1,400,134,928 | |
Liabilities | ||
Payable to custodian bank | $14,517 | |
Payable for investments purchased | 26,399,826 | |
Payable for fund shares redeemed | 1,533,504 | |
Other payables and accrued expenses | 57 | |
Collateral on securities loaned | 8,041,107 | |
Total liabilities | 35,989,011 | |
Net Assets | $1,364,145,917 | |
Net Assets consist of: | ||
Paid in capital | $1,440,252,473 | |
Total distributable earnings (loss) | (76,106,556) | |
Net Assets, for 142,650,209 shares outstanding | $1,364,145,917 | |
Net Asset Value, offering price and redemption price per share ($1,364,145,917 ÷ 142,650,209 shares) | $9.56 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
For the period August 2, 2018 (commencement of operations) to October 31, 2018 |
||
Investment Income | ||
Dividends | $3,437,481 | |
Income from Fidelity Central Funds | 67,602 | |
Total income | 3,505,083 | |
Expenses | ||
Independent trustees' fees and expenses | $458 | |
Total expenses | 458 | |
Net investment income (loss) | 3,504,625 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 78,302 | |
Fidelity Central Funds | (47) | |
Foreign currency transactions | (63) | |
Futures contracts | 89,303 | |
Total net realized gain (loss) | 167,495 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | (79,687,242) | |
Assets and liabilities in foreign currencies | 7 | |
Futures contracts | 51,536 | |
Total change in net unrealized appreciation (depreciation) | (79,635,699) | |
Net gain (loss) | (79,468,204) | |
Net increase (decrease) in net assets resulting from operations | $(75,963,579) |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
For the period August 2, 2018 (commencement of operations) to October 31, 2018 |
|
Increase (Decrease) in Net Assets | |
Operations | |
Net investment income (loss) | $3,504,625 |
Net realized gain (loss) | 167,495 |
Change in net unrealized appreciation (depreciation) | (79,635,699) |
Net increase (decrease) in net assets resulting from operations | (75,963,579) |
Share transactions | |
Proceeds from sales of shares | 1,515,817,577 |
Cost of shares redeemed | (75,708,081) |
Net increase (decrease) in net assets resulting from share transactions | 1,440,109,496 |
Total increase (decrease) in net assets | 1,364,145,917 |
Net Assets | |
Beginning of period | |
End of period | $1,364,145,917 |
Other Information | |
Shares | |
Sold | 150,238,900 |
Redeemed | (7,588,691) |
Net increase (decrease) | 142,650,209 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity ZERO Total Market Index Fund
Year ended October 31, | 2018 A |
Selected PerShare Data | |
Net asset value, beginning of period | $10.00 |
Income from Investment Operations | |
Net investment income (loss)B | .04 |
Net realized and unrealized gain (loss) | (.48) |
Total from investment operations | (.44) |
Net asset value, end of period | $9.56 |
Total ReturnC | (4.40)% |
Ratios to Average Net AssetsD,E | |
Expenses before reductionsF | - %G |
Expenses net of fee waivers, if anyF | - %G |
Expenses net of all reductionsF | - %G |
Net investment income (loss) | 1.61%G |
Supplemental Data | |
Net assets, end of period (000 omitted) | $1,364,146 |
Portfolio turnover rateH | 0%I,J |
A For the period August 2, 2018 (commencement of operations) to October 31, 2018.
B Calculated based on average shares outstanding during the period.
C Total returns for periods of less than one year are not annualized.
D Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
E Expense ratios reflect operating expenses of the Fund. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the Fund during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the Fund.
F Amount represents less than .005%.
G Annualized
H Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
I Amount not annualized.
J Amount represents less than 1%.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements
For the period ended October 31, 2018
1. Organization.
Fidelity ZERO Extended Market Index Fund and Fidelity ZERO Large Cap Index Fund are funds of Fidelity Concord Street Trust, and Fidelity ZERO International Index Fund and Fidelity ZERO Total Market Index Fund are funds of Fidelity Salem Street Trust. Each Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. Each Fund is authorized to issue an unlimited number of shares. Share transactions on each Statement of Changes in Net Assets may contain exchanges between affiliated funds.
During July 2018, the Board of Trustees approved the reorganization of Fidelity ZERO International Index Fund and Fidelity ZERO Total Market Index Fund from Fidelity Salem Street Trust to Fidelity Concord Street Trust effective the close of business on January 11, 2019.
2. Investments in Fidelity Central Funds.
The Funds invest in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Funds' Schedules of Investments list each of the Fidelity Central Funds held as of period end, if any, as an investment of each Fund, but do not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, each Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Funds' Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.
3. Significant Accounting Policies.
Each Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Funds:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of each Fund's investments to the Fair Value Committee (the Committee) established by each Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, each Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees each Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing each Fund's investments and ratifies the fair value determinations of the Committee.
Each Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
Valuation techniques used to value each Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of October 31, 2018 is included at the end of each Fund's Schedule of Investments.
Foreign Currency. The Funds may use foreign currency contracts to facilitate transactions in foreign-denominated securities. Gains and losses from these transactions may arise from changes in the value of the foreign currency or if the counterparties do not perform under the contracts' terms.
Foreign-denominated assets, including investment securities, and liabilities are translated into U.S. dollars at the exchange rates at period end. Purchases and sales of investment securities, income and dividends received and expenses denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date.
The effects of exchange rate fluctuations on investments are included with the net realized and unrealized gain (loss) on investment securities. Other foreign currency transactions resulting in realized and unrealized gain (loss) are disclosed separately.
Investment Transactions and Income. For financial reporting purposes, the Funds' investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Funds are informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Funds represent a return of capital or capital gain. The Funds determine the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Investment income is recorded net of foreign taxes withheld where recovery of such taxes is uncertain.
Expenses. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Income Tax Information and Distributions to Shareholders. Each year, each Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. As of October 31, 2018, each Fund did not have any unrecognized tax benefits in the financial statements; nor is each Fund aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. Each Fund files a U.S. federal tax return, in addition to state and local tax returns as required. Each Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. Foreign taxes are provided for based on each Fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests. Fidelity ZERO International Index Fund is subject to a tax imposed on capital gains by certain countries in which it invests.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP. In addition, the Funds claimed a portion of the payment made to redeeming shareholders as a distribution for income tax purposes.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, foreign currency transactions, certain foreign taxes, passive foreign investment companies (PFIC), partnerships, capital loss carryforwards and losses deferred due to wash sales.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows for each Fund:
Tax cost | Gross unrealized appreciation | Gross unrealized depreciation | Net unrealized appreciation (depreciation) | |
Fidelity ZERO Extended Market Index Fund | $76,499,351 | $796,138 | $(5,089,228) | $(4,293,090) |
Fidelity ZERO International Index Fund | 471,149,415 | 3,983,270 | (31,552,958) | (27,569,688) |
Fidelity ZERO Large Cap Index Fund | 112,138,881 | 1,071,161 | (6,126,224) | (5,055,063) |
Fidelity ZERO Total Market Index Fund | 1,460,162,556 | 17,466,756 | (97,154,495) | (79,687,739) |
The tax-based components of distributable earnings as of period end were as follows for each Fund:
Undistributed ordinary income | Undistributed long-term capital gain | Capital loss carryforward | Net unrealized appreciation (depreciation) on securities and other investments | |
Fidelity ZERO Extended Market Index Fund | $65,271 | $ | $(6,977) | $(4,293,090) |
Fidelity ZERO International Index Fund | 1,591,778 | | (2,351,156) | (27,516,311) |
Fidelity ZERO Large Cap Index Fund | 95,570 | | (1,646) | (5,055,063) |
Fidelity ZERO Total Market Index Fund | 3,496,673 | 84,503 | | (79,687,732) |
Capital loss carryforwards are only available to offset future capital gains of the Funds to the extent provided by regulations and may be limited. Under the Regulated Investment Company Modernization Act of 2010 (the Act), the Funds are permitted to carry forward capital losses incurred in taxable years beginning after December 22, 2010 for an unlimited period and such capital losses are required to be used prior to any losses that expire. The capital loss carryforward information presented below, including any applicable limitation, is estimated as of fiscal period end and is subject to adjustment.
No expiration | |||
Short-term | Long-term | Total capital loss carryfoward | |
Fidelity ZERO Extended Market Index Fund | $(2,572) | $(4,405) | $(6,977) |
Fidelity ZERO International Index Fund | (981,712) | (1,369,444) | (2,351,156) |
Fidelity ZERO Large Cap Index Fund | | (1,646) | (1,646) |
Restricted Securities. The Funds may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities is included at the end of each applicable Fund's Schedule of Investments.
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Funds' investment objective allows the Funds to enter into various types of derivative contracts, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Funds used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Funds may not achieve their objectives.
The Funds' use of derivatives increased or decreased their exposure to the following risk:
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
The Funds are also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Funds will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Funds. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Funds used futures contracts to manage their exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period, except for Fidelity ZERO International Index Fund. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities, are noted in the table below.
Purchases ($) | Sales ($) | |
Fidelity ZERO Extended Market Index Fund | 73,011,672 | 161,914 |
Fidelity ZERO International Index Fund | 412,516,512 | 1,398,610 |
Fidelity ZERO Large Cap Index Fund | 110,526,022 | 758,068 |
Fidelity ZERO Total Market Index Fund | 1,446,694,083 | 4,595,486 |
6. Fees and Other Transactions with Affiliates.
Management Fee. FMR Co., Inc. (the investment adviser), an affiliate of Fidelity Management & Research Company (FMR), and its affiliates provide the Funds with investment management services for which the Funds do not pay a management fee. Under the management contract, the investment adviser or an affiliate pays all ordinary operating expenses of the Funds, except fees and expenses of the independent Trustees.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Funds. Geode provides discretionary investment advisory services to the Funds and is paid by the investment adviser for providing these services.
Interfund Trades. The Funds may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
7. Security Lending.
Certain Funds lend portfolio securities through a lending agent from time to time in order to earn additional income. For equity securities, a lending agent is used and may loan securities to certain qualified borrowers, including Fidelity Capital Markets (FCM), a broker-dealer affiliated with the Funds. On the settlement date of the loan, each applicable Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. The Funds or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Funds may apply collateral received from the borrower against the obligation. The Funds may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on each applicable Fund's Statement of Assets and Liabilities. Security lending income represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented on each applicable Fund's Statement of Operations as a component of income from Fidelity Central Funds. Security lending activity was as follows:
Total Security Lending Income | Security Lending Income From Securities Loaned to FCM | Value of Securities Loaned to FCM at Period End | |
Fidelity ZERO Extended Market Index Fund | $686 | $5 | $2,604 |
Fidelity ZERO International Index Fund | $244 | $ | $ |
Fidelity ZERO Large Cap Index Fund | $6 | $ | $ |
Fidelity ZERO Total Market Index Fund | $7,479 | $41 | $48,228 |
8. Other.
The Funds' organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Funds. In the normal course of business, the Funds may also enter into contracts that provide general indemnifications. The Funds' maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Funds. The risk of material loss from such claims is considered remote.
Report of Independent Registered Public Accounting Firm
To the Trustees of Fidelity Salem Street Trust and Shareholders of Fidelity ZERO International Index Fund and Fidelity ZERO Total Market Index Fund:
Opinion on the Financial Statements and Financial Highlights
We have audited the accompanying statement of assets and liabilities of Fidelity ZERO International Index Fund and Fidelity ZERO Total Market Index Fund (the "Funds"), each a fund of Fidelity Salem Street Trust, including the schedule of investments, as of October 31, 2018 and the related statements of operations, the statements of changes in net assets and the financial highlights for the period from August 2, 2018 (commencement of operations) to October 31, 2018 for Fidelity ZERO International Index Fund and Fidelity ZERO Total Market Index Fund, and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Funds as of October 31, 2018, and the results of its operations, the changes in their net assets and the financial highlights for the period from August 2, 2018 (commencement of operations) to October 31, 2018 for Fidelity ZERO International Index Fund and Fidelity ZERO Total Market Index Fund, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements and financial highlights are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Funds are not required to have, nor were we engaged to perform, an audit of their internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of October 31, 2018, by correspondence with the custodians and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/ Deloitte & Touche LLP
Boston, Massachusetts
December 14, 2018
We have served as the auditor of one or more of the Fidelity investment companies since 1999.
Report of Independent Registered Public Accounting Firm
To the Trustees of Fidelity Concord Street Trust and Shareholders of Fidelity ZERO Extended Market Index Fund and Fidelity ZERO Large Cap Index Fund:
Opinion on the Financial Statements and Financial Highlights
We have audited the accompanying statement of assets and liabilities of Fidelity ZERO Extended Market Index Fund and Fidelity ZERO Large Cap Index Fund (the "Funds"), each a fund of Fidelity Concord Street Trust, including the schedule of investments, as of October 31, 2018 and the related statements of operations, the statements of changes in net assets and the financial highlights for the period from September 13, 2018 (commencement of operations) to October 31, 2018 for Fidelity ZERO Extended Market Index Fund and Fidelity ZERO Large Cap Index Fund, and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Funds as of October 31, 2018, and the results of its operations, the changes in their net assets and the financial highlights for the period from September 13, 2018 (commencement of operations) to October 31, 2018 for Fidelity ZERO Extended Market Index Fund and Fidelity ZERO Large Cap Index Fund, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements and financial highlights are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Funds are not required to have, nor were we engaged to perform, an audit of their internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of October 31, 2018, by correspondence with the custodians and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/ Deloitte & Touche LLP
Boston, Massachusetts
December 14, 2018
We have served as the auditor of one or more of the Fidelity investment companies since 1999.
Trustees and Officers - Fidelity Concord Street Trust
The Trustees, Members of the Advisory Board (if any), and officers of the trust and funds, as applicable, are listed below. The Board of Trustees governs each fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee each fund's activities, review contractual arrangements with companies that provide services to each fund, oversee management of the risks associated with such activities and contractual arrangements, and review each fund's performance. Except for Jonathan Chiel, each of the Trustees oversees 283 funds. Mr. Chiel oversees 154 funds.
The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person (as defined in the 1940 Act) of the trust and the funds is referred to herein as an Independent Trustee. Each Independent Trustee shall retire not later than the last day of the calendar year in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. Officers and Advisory Board Members hold office without limit in time, except that any officer or Advisory Board Member may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.
Each funds Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.
Experience, Skills, Attributes, and Qualifications of the Trustees. The Governance and Nominating Committee has adopted a statement of policy that describes the experience, qualifications, attributes, and skills that are necessary and desirable for potential Independent Trustee candidates (Statement of Policy). The Board believes that each Trustee satisfied at the time he or she was initially elected or appointed a Trustee, and continues to satisfy, the standards contemplated by the Statement of Policy. The Governance and Nominating Committee also engages professional search firms to help identify potential Independent Trustee candidates who have the experience, qualifications, attributes, and skills consistent with the Statement of Policy. From time to time, additional criteria based on the composition and skills of the current Independent Trustees, as well as experience or skills that may be appropriate in light of future changes to board composition, business conditions, and regulatory or other developments, have also been considered by the professional search firms and the Governance and Nominating Committee. In addition, the Board takes into account the Trustees' commitment and participation in Board and committee meetings, as well as their leadership of standing and ad hoc committees throughout their tenure.
In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing each fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the funds, is provided below.
Board Structure and Oversight Function. James C. Curvey is an interested person and currently serves as Chairman. The Trustees have determined that an interested Chairman is appropriate and benefits shareholders because an interested Chairman has a personal and professional stake in the quality and continuity of services provided to the funds. Independent Trustees exercise their informed business judgment to appoint an individual of their choosing to serve as Chairman, regardless of whether the Trustee happens to be independent or a member of management. The Independent Trustees have determined that they can act independently and effectively without having an Independent Trustee serve as Chairman and that a key structural component for assuring that they are in a position to do so is for the Independent Trustees to constitute a substantial majority for the Board. The Independent Trustees also regularly meet in executive session. Ned C. Lautenbach serves as Chairman of the Independent Trustees and as such (i) acts as a liaison between the Independent Trustees and management with respect to matters important to the Independent Trustees and (ii) with management prepares agendas for Board meetings.
Fidelity® funds are overseen by different Boards of Trustees. The funds' Board oversees Fidelity's high income and certain equity funds, and other Boards oversee Fidelity's investment-grade bond, money market, asset allocation, and other equity funds. The asset allocation funds may invest in Fidelity® funds overseen by the funds' Board. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity® funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity® funds overseen by each Board.
The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, each fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the funds' activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the funds' business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the funds are carried out by or through FMR, its affiliates, and other service providers, the funds' exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the funds' activities, oversight is exercised primarily through the Operations, Audit, and Compliance Committees. In addition, the Independent Trustees have worked with Fidelity to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. Appropriate personnel, including but not limited to the funds' Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the funds' Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of Fidelity's risk management program for the Fidelity® funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Trustees."
Interested Trustees*:
Correspondence intended for a Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
Name, Year of Birth; Principal Occupations and Other Relevant Experience+
Jonathan Chiel (1957)
Year of Election or Appointment: 2016
Trustee
Mr. Chiel also serves as Trustee of other Fidelity® funds. Mr. Chiel is Executive Vice President and General Counsel for FMR LLC (diversified financial services company, 2012-present). Previously, Mr. Chiel served as general counsel (2004-2012) and senior vice president and deputy general counsel (2000-2004) for John Hancock Financial Services; a partner with Choate, Hall & Stewart (1996-2000) (law firm); and an Assistant United States Attorney for the United States Attorneys Office of the District of Massachusetts (1986-95), including Chief of the Criminal Division (1993-1995). Mr. Chiel is a director on the boards of the Boston Bar Foundation and the Maimonides School.
James C. Curvey (1935)
Year of Election or Appointment: 2007
Trustee
Chairman of the Board of Trustees
Mr. Curvey also serves as Trustee of other Fidelity® funds. Mr. Curvey is Vice Chairman (2007-present) and Director of FMR LLC (diversified financial services company). In addition, Mr. Curvey is an Overseer Emeritus for the Boston Symphony Orchestra, a Director of Artis-Naples, and a Trustee of Brewster Academy in Wolfeboro, New Hampshire. Previously, Mr. Curvey served as a Director of Fidelity Research & Analysis Co. (investment adviser firm, 2009-2018), Director of Fidelity Investments Money Management, Inc. (investment adviser firm, 2009-2014) and a Director of FMR and FMR Co., Inc. (investment adviser firms, 2007-2014).
Charles S. Morrison (1960)
Year of Election or Appointment: 2014
Trustee
Mr. Morrison also serves as Trustee of other funds. He serves as President of Fidelity SelectCo, LLC (investment adviser firm, 2017-present) and Fidelity Management & Research Company (FMR) (investment adviser firm, 2016-present), a Director of Fidelity Investments Money Management, Inc. (FIMM) (investment adviser firm, 2014-present), Director of Fidelity SelectCo, LLC (investment adviser firm, 2014-present), President, Asset Management (2014-present), and is an employee of Fidelity Investments. Previously, Mr. Morrison served as Vice President of Fidelity's Fixed Income and Asset Allocation Funds (2012-2014), President, Fixed Income (2011-2014), Vice President of Fidelity's Money Market Funds (2005-2009), President, Money Market Group Leader of FMR (investment adviser firm, 2009), and Senior Vice President, Money Market Group of FMR (2004-2009). Mr. Morrison also served as Vice President of Fidelity's Bond Funds (2002-2005), certain Balanced Funds (2002-2005), and certain Asset Allocation Funds (2002-2007), and as Senior Vice President (2002-2005) of Fidelity's Bond Division.
* Determined to be an Interested Trustee by virtue of, among other things, his or her affiliation with the trust or various entities under common control with FMR.
+ The information includes the Trustee's principal occupation during the last five years and other information relating to the experience, attributes, and skills relevant to the Trustee's qualifications to serve as a Trustee, which led to the conclusion that the Trustee should serve as a Trustee for each fund.
Independent Trustees:
Correspondence intended for an Independent Trustee may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.
Name, Year of Birth; Principal Occupations and Other Relevant Experience+
Dennis J. Dirks (1948)
Year of Election or Appointment: 2005
Trustee
Mr. Dirks also serves as Trustee of other Fidelity® funds. Prior to his retirement in May 2003, Mr. Dirks was Chief Operating Officer and a member of the Board of The Depository Trust & Clearing Corporation (DTCC). He also served as President, Chief Operating Officer, and Board member of The Depository Trust Company (DTC) and President and Board member of the National Securities Clearing Corporation (NSCC). In addition, Mr. Dirks served as Chief Executive Officer and Board member of the Government Securities Clearing Corporation, Chief Executive Officer and Board member of the Mortgage-Backed Securities Clearing Corporation, as a Trustee and a member of the Finance Committee of Manhattan College (2005-2008), as a Trustee and a member of the Finance Committee of AHRC of Nassau County (2006-2008), as a member of the Independent Directors Council (IDC) Governing Council (2010-2015), and as a member of the Board of Directors for The Brookville Center for Childrens Services, Inc. (2009-2017). Mr. Dirks is a member of the Finance Committee (2016-present), Board of Directors (2017-present) and Board of Trustees (2018-present) and is Treasurer (2018-present) of the Asolo Repertory Theatre.
Donald F. Donahue (1950)
Year of Election or Appointment: 2018
Trustee
Mr. Donahue also serves as a Trustee of other Fidelity® funds. Mr. Donahue is President and Chief Executive Officer of Miranda Partners, LLC (risk consulting for the financial services industry, 2012-present). Previously, Mr. Donahue served as a Member of the Advisory Board of certain Fidelity® funds (2015-2018) and Chief Executive Officer (2006-2012), Chief Operating Officer (2003-2006), and Managing Director, Customer Marketing and Development (1999-2003) of The Depository Trust & Clearing Corporation (financial markets infrastructure). Mr. Donahue serves as a Member (2007-present) and Co-Chairman (2016-present) of the Board of Directors of United Way of New York, Member of the Board of Directors of NYC Leadership Academy (2012-present) and Member of the Board of Advisors of Ripple Labs, Inc. (financial services, 2015-present). He also served as Chairman (2010-2012) and Member of the Board of Directors (2012-2013) of Omgeo, LLC (financial services), Treasurer of United Way of New York (2012-2016), and Member of the Board of Directors of XBRL US (financial services non-profit, 2009-2012) and the International Securities Services Association (2009-2012).
Alan J. Lacy (1953)
Year of Election or Appointment: 2008
Trustee
Mr. Lacy also serves as Trustee of other Fidelity® funds. Mr. Lacy serves as a Director of Bristol-Myers Squibb Company (global pharmaceuticals, 2008-present). He is a Trustee of the California Chapter of The Nature Conservancy (2015-present) and a Director of the Center for Advanced Study in the Behavioral Sciences at Stanford University (2015-present). In addition, Mr. Lacy served as Senior Adviser (2007-2014) of Oak Hill Capital Partners, L.P. (private equity) and also served as Chief Executive Officer (2005) and Vice Chairman (2005-2006) of Sears Holdings Corporation (retail) and Chief Executive Officer and Chairman of the Board of Sears, Roebuck and Co. (retail, 2000-2005). Previously, Mr. Lacy served as Chairman (2014-2017) and a member (2010-2017) of the Board of Directors of Dave & Busters Entertainment, Inc. (restaurant and entertainment complexes), as Chairman (2008-2011) and a member (2006-2015) of the Board of Trustees of the National Parks Conservation Association, and as a member of the Board of Directors for The Hillman Companies, Inc. (hardware wholesalers, 2010-2014), Earth Fare, Inc. (retail grocery, 2010-2014), and The Western Union Company (global money transfer, 2006-2011).
Ned C. Lautenbach (1944)
Year of Election or Appointment: 2000
Trustee
Chairman of the Independent Trustees
Mr. Lautenbach also serves as Trustee of other Fidelity® funds. Mr. Lautenbach currently serves as Vice Chair of the Board of Governors, State University System of Florida (2013-present) and is a member of the Council on Foreign Relations (1994-present). He is also a member and has most recently served as Chairman of the Board of Directors of Artis-Naples (2012-present). Previously, Mr. Lautenbach served as a member and then Lead Director of the Board of Directors of Eaton Corporation (diversified industrial, 1997-2016). He was also a Partner and Advisory Partner at Clayton, Dubilier & Rice, LLC (private equity investment, 1998-2010), as well as a Director of Sony Corporation (2006-2007). In addition, Mr. Lautenbach also had a 30-year career with IBM (technology company) during which time he served as Senior Vice President and a member of the Corporate Executive Committee (1968-1998).
Joseph Mauriello (1944)
Year of Election or Appointment: 2008
Trustee
Mr. Mauriello also serves as Trustee of other Fidelity® funds. Prior to his retirement in January 2006, Mr. Mauriello served in numerous senior management positions including Deputy Chairman and Chief Operating Officer (2004-2005), and Vice Chairman of Financial Services (2002-2004) of KPMG LLP US (professional services, 1965-2005). Mr. Mauriello currently serves as a member of the Independent Directors Council (IDC) Governing Council (2015-present). Previously, Mr. Mauriello served as a member of the Board of Directors of XL Group plc. (global insurance and re-insurance, 2006-2018).
Cornelia M. Small (1944)
Year of Election or Appointment: 2005
Trustee
Ms. Small also serves as Trustee of other Fidelity® funds. Ms. Small is a member of the Board of Directors (2009-present) and Chair of the Investment Committee (2010-present) of the Teagle Foundation. Ms. Small also serves on the Investment Committee of the Berkshire Taconic Community Foundation (2008-present). Previously, Ms. Small served as Chairperson (2002-2008) and a member of the Investment Committee and Chairperson (2008-2012) and a member of the Board of Trustees of Smith College. In addition, Ms. Small served as Chief Investment Officer, Director of Global Equity Investments, and a member of the Board of Directors of Scudder, Stevens & Clark and Scudder Kemper Investments.
Garnett A. Smith (1947)
Year of Election or Appointment: 2018
Trustee
Mr. Smith also serves as Trustee of other Fidelity® funds. Prior to Mr. Smith's retirement, he served as Chairman and Chief Executive Officer of Inbrand Corp. (manufacturer of personal absorbent products, 1990-1997). He also served as President (1986-1990) of Inbrand Corp. Prior to his employment with Inbrand Corp., he was employed by a retail fabric chain and North Carolina National Bank. In addition, Mr. Smith served as a Member of the Advisory Board of certain Fidelity® funds (2012-2013) and as a board member of the Jackson Hole Land Trust (2009-2012).
David M. Thomas (1949)
Year of Election or Appointment: 2008
Trustee
Mr. Thomas also serves as Trustee of other Fidelity® funds. Mr. Thomas serves as Non-Executive Chairman of the Board of Directors of Fortune Brands Home and Security (home and security products, 2011-present), as a member of the Board of Directors (2004-present) and Presiding Director (2013-present) of Interpublic Group of Companies, Inc. (marketing communication), and as a member of the Board of Trustees of the University of Florida (2013-present). Previously, Mr. Thomas served as Executive Chairman (2005-2006) and Chairman and Chief Executive Officer (2000-2005) of IMS Health, Inc. (pharmaceutical and healthcare information solutions), and a Director of Fortune Brands, Inc. (consumer products, 2000-2011).
+ The information includes the Trustee's principal occupation during the last five years and other information relating to the experience, attributes, and skills relevant to the Trustee's qualifications to serve as a Trustee, which led to the conclusion that the Trustee should serve as a Trustee for each fund.
Advisory Board Members and Officers:
Correspondence intended for a Member of the Advisory Board (if any) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235. Correspondence intended for an officer or Peter S. Lynch may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210. Officers appear below in alphabetical order.
Name, Year of Birth; Principal Occupation
Vicki L. Fuller (1957)
Year of Election or Appointment: 2018
Member of the Advisory Board
Ms. Fuller also serves as Member of the Advisory Board of other Fidelity® funds. Ms. Fuller serves as a member of the Board of Directors, Audit Committee, and Nominating and Governance Committee of The Williams Companies, Inc. (natural gas infrastructure, 2018-present). Previously, Ms. Fuller served as the Chief Investment Officer of the New York State Common Retirement Fund (2012-2018) and held a variety of positions at AllianceBernstein L.P. (global asset management, 1985-2012), including Managing Director (2006-2012) and Senior Vice President and Senior Portfolio Manager (2001-2006).
Peter S. Lynch (1944)
Year of Election or Appointment: 2003
Member of the Advisory Board
Mr. Lynch also serves as Member of the Advisory Board of other Fidelity® funds. Mr. Lynch is Vice Chairman and a Director of FMR (investment adviser firm) and FMR Co., Inc. (investment adviser firm). In addition, Mr. Lynch serves as a Trustee of Boston College and as the Chairman of the Inner-City Scholarship Fund. Previously, Mr. Lynch served on the Special Olympics International Board of Directors (1997-2006).
William S. Stavropoulos (1939)
Year of Election or Appointment: 2018
Member of the Advisory Board
Mr. Stavropoulos also serves as Member of the Advisory Board of other Fidelity® funds. Mr. Stavropoulos serves as President and Founder of the Michigan Baseball Foundation, the Great Lakes Loons (2007-present). Mr. Stavropoulos is Chairman Emeritus of the Board of Directors of The Dow Chemical Company, where he previously served in numerous senior management positions, including President, CEO (1995-2000; 2002-2004), Chairman of the Executive Committee (2000-2006), and as a member of the Board of Directors (1990-2006). Currently, Mr. Stavropoulos is Chairman of the Board of Directors of Univar Inc. (global distributor of commodity and specialty chemicals), a Director of Teradata Corporation (data warehousing and technology solutions), and a member of the Advisory Board for Metalmark Capital LLC (private equity investment, 2005-present). Mr. Stavropoulos is an operating advisor to Clayton, Dubilier & Rice, LLC (private equity investment). In addition, Mr. Stavropoulos is a member of the University of Notre Dame Advisory Council for the College of Science, a Trustee of the Rollin L. Gerstacker Foundation, and a Director of Artis-Naples in Naples, Florida. Previously, Mr. Stavropoulos served as Trustee of certain Fidelity® funds (2001-2018) and as a Director of Chemical Financial Corporation (bank holding company, 1993-2012) and Tyco International, Ltd. (multinational manufacturing and services, 2007-2012).
Carol B. Tomé (1957)
Year of Election or Appointment: 2018
Member of the Advisory Board
Ms. Tomé also serves as Member of the Advisory Board of other Fidelity® funds. Ms. Tomé is Chief Financial Officer (2001-present) and Executive Vice President of Corporate Services (2007-present) of The Home Depot, Inc. (home improvement retailer) and a Director (2003-present) and Chair of the Audit Committee (2004-present) of United Parcel Service, Inc. (package delivery and supply chain management). Previously, Ms. Tomé served as Trustee of certain Fidelity® funds (2017), Senior Vice President of Finance and Accounting/Treasurer (2000-2007) and Vice President and Treasurer (1995-2000) of The Home Depot, Inc. and Chair of the Board (2010-2012), Vice Chair of the Board (2009 and 2013), and a Director (2008-2013) of the Federal Reserve Bank of Atlanta. Ms. Tomé is also a director or trustee of many community and professional organizations.
Michael E. Wiley (1950)
Year of Election or Appointment: 2018
Member of the Advisory Board
Mr. Wiley also serves as Trustee or Member of the Advisory Board of other Fidelity® funds. Mr. Wiley serves as a Director of High Point Resources (exploration and production, 2005-present). Previously, Mr. Wiley served as a Director of Andeavor Corporation (independent oil refiner and marketer, 2005-2018), a Director of Andeavor Logistics LP (natural resources logistics, 2015-2018), a Director of Post Oak Bank (privately-held bank, 2004-2018), a Director of Asia Pacific Exploration Consolidated (international oil and gas exploration and production, 2008-2013), a member of the Board of Trustees of the University of Tulsa (2000-2006; 2007-2010), a Senior Energy Advisor of Katzenbach Partners, LLC (consulting, 2006-2007), an Advisory Director of Riverstone Holdings (private investment), a Director of Spinnaker Exploration Company (exploration and production, 2001-2005) and Chairman, President, and CEO of Baker Hughes, Inc. (oilfield services, 2000-2004).
Elizabeth Paige Baumann (1968)
Year of Election or Appointment: 2017
Anti-Money Laundering (AML) Officer
Ms. Baumann also serves as AML Officer of other funds. She is Chief AML Officer (2012-present) and Senior Vice President (2014-present) of FMR LLC (diversified financial services company) and is an employee of Fidelity Investments. Previously, Ms. Baumann served as AML Officer of the funds (2012-2016), and Vice President (2007-2014) and Deputy Anti-Money Laundering Officer (2007-2012) of FMR LLC.
John J. Burke III (1964)
Year of Election or Appointment: 2018
Chief Financial Officer
Mr. Burke also serves as Chief Financial Officer of other funds. Mr. Burke serves as Head of Investment Operations for Fidelity Fund and Investment Operations (2018-present) and is an employee of Fidelity Investments (1998-present). Previously Mr. Burke served as head of Asset Management Investment Operations (2012-2018).
William C. Coffey (1969)
Year of Election or Appointment: 2018
Secretary and Chief Legal Officer (CLO)
Mr. Coffey also serves as Secretary and CLO of other funds. Mr. Coffey serves as CLO, Secretary, and Senior Vice President of Fidelity Management & Research Company and FMR Co., Inc. (investment adviser firms, 2018-present); Secretary of Fidelity SelectCo, LLC and Fidelity Investments Money Management, Inc. (investment adviser firms, 2018-present); and CLO of Fidelity Management & Research (Hong Kong) Limited, FMR Investment Management (UK) Limited, and Fidelity Management & Research (Japan) Limited (investment adviser firms, 2018-present). He is Senior Vice President and Deputy General Counsel of FMR LLC (diversified financial services company, 2010-present), and is an employee of Fidelity Investments. Previously, Mr. Coffey served as Assistant Secretary of certain funds (2009-2018) and as Vice President and Associate General Counsel of FMR LLC (2005-2009).
Timothy M. Cohen (1969)
Year of Election or Appointment: 2018
Vice President
Mr. Cohen also serves as Vice President of other funds. Mr. Cohen serves as Co-Head of Global Equity Research (2016-present), a Director of Fidelity Management & Research (Japan) Limited (investment adviser firm, 2016-present), and is an employee of Fidelity Investments. Previously, Mr. Cohen served as Chief Investment Officer - Equity and a Director of Fidelity Management & Research (U.K.) Inc. (investment adviser firm, 2013-2015) and as a Director of Fidelity Management & Research (Hong Kong) Limited (investment adviser firm, 2017).
Jonathan Davis (1968)
Year of Election or Appointment: 2010
Assistant Treasurer
Mr. Davis also serves as Assistant Treasurer of other funds. Mr. Davis serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (diversified financial services company, 2003-2010).
Adrien E. Deberghes (1967)
Year of Election or Appointment: 2016
Assistant Treasurer
Mr. Deberghes also serves as an officer of other funds. He serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), Executive Vice President of Fidelity Investments Money Management, Inc. (FIMM) (investment adviser firm, 2016-present), and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as President and Treasurer of certain Fidelity® funds (2013-2018). Prior to joining Fidelity Investments, Mr. Deberghes was Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005). Previously, Mr. Deberghes served in other fund officer roles.
Laura M. Del Prato (1964)
Year of Election or Appointment: 2018
Assistant Treasurer
Ms. Del Prato also serves as an officer of other funds. Ms. Del Prato is an employee of Fidelity Investments (2017-present). Prior to joining Fidelity Investments, Ms. Del Prato served as a Managing Director and Treasurer of the JPMorgan Mutual Funds (2014-2017). Prior to JPMorgan, Ms. Del Prato served as a partner at Cohen Fund Audit Services (accounting firm, 2012-2013) and KPMG LLP (accounting firm, 2004-2012).
Colm A. Hogan (1973)
Year of Election or Appointment: 2016
Deputy Treasurer
Mr. Hogan also serves as an officer of other funds. Mr. Hogan serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (2005-present). Previously, Mr. Hogan served as Assistant Treasurer of certain Fidelity® funds (2016-2018).
Pamela R. Holding (1964)
Year of Election or Appointment: 2018
Vice President
Ms. Holding also serves as Vice President of other funds. Ms. Holding serves as Co-Head of Global Equity Research (2018-present) and is an employee of Fidelity Investments (2013-present).
Chris Maher (1972)
Year of Election or Appointment: 2013
Assistant Treasurer
Mr. Maher serves as Assistant Treasurer of other funds. Mr. Maher is Vice President of Valuation Oversight, serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), and is an employee of Fidelity Investments. Previously, Mr. Maher served as Vice President of Asset Management Compliance (2013), Vice President of the Program Management Group of FMR (investment adviser firm, 2010-2013), and Vice President of Valuation Oversight (2008-2010).
Rieco E. Mello (1969)
Year of Election or Appointment: 2017
Assistant Treasurer
Mr. Mello also serves as Assistant Treasurer of other funds. Mr. Mello serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (1995-present).
Kenneth B. Robins (1969)
Year of Election or Appointment: 2016
Chief Compliance Officer
Mr. Robins also serves as an officer of other funds. Mr. Robins serves as Compliance Officer of Fidelity Management & Research Company and FMR Co., Inc. (investment adviser firms, 2016-present) and is an employee of Fidelity Investments (2004-present). Previously, Mr. Robins served as Executive Vice President of Fidelity Investments Money Management, Inc. (investment adviser firm, 2013-2016) and served in other fund officer roles.
Stacie M. Smith (1974)
Year of Election or Appointment: 2016
President and Treasurer
Ms. Smith also serves as an officer of other funds. Ms. Smith serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), is an employee of Fidelity Investments (2009-present), and has served in other fund officer roles. Prior to joining Fidelity Investments, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (accounting firm, 1996-2009). Previously, Ms. Smith served as Assistant Treasurer (2013-2018) and Deputy Treasurer (2013-2016) of certain Fidelity® funds.
Marc L. Spector (1972)
Year of Election or Appointment: 2016
Assistant Treasurer
Mr. Spector also serves as an officer of other funds. Mr. Spector serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (2016-present). Prior to joining Fidelity Investments, Mr. Spector served as Director at the Siegfried Group (accounting firm, 2013-2016), and prior to Siegfried Group as audit senior manager at Deloitte & Touche (accounting firm, 2005-2013).
Trustees and Officers - Fidelity Salem Street Trust
The Trustees, Members of the Advisory Board (if any), and officers of the trust and funds, as applicable, are listed below. The Board of Trustees governs each fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee each fund's activities, review contractual arrangements with companies that provide services to each fund, oversee management of the risks associated with such activities and contractual arrangements, and review each fund's performance. Except for Jonathan Chiel, each of the Trustees oversees 260 funds. Mr. Chiel oversees 154 funds.
The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person (as defined in the 1940 Act) of the trust and the funds is referred to herein as an Independent Trustee. Each Independent Trustee shall retire not later than the last day of the calendar year in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. Officers and Advisory Board Members hold office without limit in time, except that any officer or Advisory Board Member may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.
Each funds Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.
Experience, Skills, Attributes, and Qualifications of the Trustees. The Governance and Nominating Committee has adopted a statement of policy that describes the experience, qualifications, attributes, and skills that are necessary and desirable for potential Independent Trustee candidates (Statement of Policy). The Board believes that each Trustee satisfied at the time he or she was initially elected or appointed a Trustee, and continues to satisfy, the standards contemplated by the Statement of Policy. The Governance and Nominating Committee also engages professional search firms to help identify potential Independent Trustee candidates who have the experience, qualifications, attributes, and skills consistent with the Statement of Policy. From time to time, additional criteria based on the composition and skills of the current Independent Trustees, as well as experience or skills that may be appropriate in light of future changes to board composition, business conditions, and regulatory or other developments, have also been considered by the professional search firms and the Governance and Nominating Committee. In addition, the Board takes into account the Trustees' commitment and participation in Board and committee meetings, as well as their leadership of standing and ad hoc committees throughout their tenure.
In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing each fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the funds, is provided below.
Board Structure and Oversight Function. Abigail P. Johnson is an interested person and currently serves as Chairman. The Trustees have determined that an interested Chairman is appropriate and benefits shareholders because an interested Chairman has a personal and professional stake in the quality and continuity of services provided to the funds. Independent Trustees exercise their informed business judgment to appoint an individual of their choosing to serve as Chairman, regardless of whether the Trustee happens to be independent or a member of management. The Independent Trustees have determined that they can act independently and effectively without having an Independent Trustee serve as Chairman and that a key structural component for assuring that they are in a position to do so is for the Independent Trustees to constitute a substantial majority for the Board. The Independent Trustees also regularly meet in executive session. Arthur E. Johnson serves as Chairman of the Independent Trustees and as such (i) acts as a liaison between the Independent Trustees and management with respect to matters important to the Independent Trustees and (ii) with management prepares agendas for Board meetings.
Fidelity® funds are overseen by different Boards of Trustees. The funds' Board oversees Fidelity's investment-grade bond, money market, asset allocation and certain equity funds, and other Boards oversee Fidelity's high income and other equity funds. The asset allocation funds may invest in Fidelity® funds that are overseen by such other Boards. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity® funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity® funds overseen by each Board.
The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, each fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the funds' activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the funds' business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the funds are carried out by or through FMR, its affiliates, and other service providers, the funds' exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the funds' activities, oversight is exercised primarily through the Operations and Audit Committees. In addition, an ad hoc Board committee of Independent Trustees has worked with FMR to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. Appropriate personnel, including but not limited to the funds' Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the funds' Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of Fidelity's risk management program for the Fidelity® funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Trustees."
Interested Trustees*:
Correspondence intended for a Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
Name, Year of Birth; Principal Occupations and Other Relevant Experience+
Jonathan Chiel (1957)
Year of Election or Appointment: 2016
Trustee
Mr. Chiel also serves as Trustee of other Fidelity® funds. Mr. Chiel is Executive Vice President and General Counsel for FMR LLC (diversified financial services company, 2012-present). Previously, Mr. Chiel served as general counsel (2004-2012) and senior vice president and deputy general counsel (2000-2004) for John Hancock Financial Services; a partner with Choate, Hall & Stewart (1996-2000) (law firm); and an Assistant United States Attorney for the United States Attorneys Office of the District of Massachusetts (1986-95), including Chief of the Criminal Division (1993-1995). Mr. Chiel is a director on the boards of the Boston Bar Foundation and the Maimonides School.
Abigail P. Johnson (1961)
Year of Election or Appointment: 2009
Trustee
Chairman of the Board of Trustees
Ms. Johnson also serves as Trustee of other Fidelity® funds. Ms. Johnson serves as Chairman (2016-present), Chief Executive Officer (2014-present), and Director (2007-present) of FMR LLC (diversified financial services company), President of Fidelity Financial Services (2012-present) and President of Personal, Workplace and Institutional Services (2005-present). Ms. Johnson is Chairman and Director of FMR Co., Inc. (investment adviser firm, 2011-present) and Chairman and Director of FMR (investment adviser firm, 2011-present). Previously, Ms. Johnson served as Vice Chairman (2007-2016) and President (2013-2016) of FMR LLC, President and a Director of FMR (2001-2005), a Trustee of other investment companies advised by FMR, Fidelity Investments Money Management, Inc. (investment adviser firm), and FMR Co., Inc. (2001-2005), Senior Vice President of the Fidelity® funds (2001-2005), and managed a number of Fidelity® funds. Ms. Abigail P. Johnson and Mr. Arthur E. Johnson are not related.
Jennifer Toolin McAuliffe (1959)
Year of Election or Appointment: 2016
Trustee
Ms. McAuliffe also serves as Trustee of other Fidelity® funds. Ms. McAuliffe previously served as a Member of the Advisory Board of certain Fidelity® funds (2016) and as Co-Head of Fixed Income of Fidelity Investments Limited (now known as FIL Limited (FIL)) (diversified financial services company). Earlier roles at FIL included Director of Research for FILs credit and quantitative teams in London, Hong Kong and Tokyo. Ms. McAuliffe also was the Director of Research for taxable and municipal bonds at Fidelity Investments Money Management, Inc. Ms. McAuliffe is also a director or trustee of several not-for-profit entities.
* Determined to be an Interested Trustee by virtue of, among other things, his or her affiliation with the trust or various entities under common control with FMR.
+ The information includes the Trustee's principal occupation during the last five years and other information relating to the experience, attributes, and skills relevant to the Trustee's qualifications to serve as a Trustee, which led to the conclusion that the Trustee should serve as a Trustee for each fund.
Independent Trustees:
Correspondence intended for an Independent Trustee may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.
Name, Year of Birth; Principal Occupations and Other Relevant Experience+
Elizabeth S. Acton (1951)
Year of Election or Appointment: 2013
Trustee
Ms. Acton also serves as Trustee of other Fidelity® funds. Prior to her retirement in April 2012, Ms. Acton was Executive Vice President, Finance (2011-2012), Executive Vice President, Chief Financial Officer (2002-2011), and Treasurer (2004-2005) of Comerica Incorporated (financial services). Prior to joining Comerica, Ms. Acton held a variety of positions at Ford Motor Company (1983-2002), including Vice President and Treasurer (2000-2002) and Executive Vice President and Chief Financial Officer of Ford Motor Credit Company (1998-2000). Ms. Acton currently serves as a member of the Board of Directors and Audit and Finance Committees of Beazer Homes USA, Inc. (homebuilding, 2012-present). Previously, Ms. Acton served as a Member of the Advisory Board of certain Fidelity® funds (2013-2016).
John Engler (1948)
Year of Election or Appointment: 2014
Trustee
Mr. Engler also serves as Trustee of other Fidelity® funds. He serves on the board of directors for Universal Forest Products (manufacturer and distributor of wood and wood-alternative products, 2003-present) and K12 Inc. (technology-based education company, 2012-present). Previously, Mr. Engler served as a Member of the Advisory Board of certain Fidelity® funds (2014-2016), president of the Business Roundtable (2011-2017), a trustee of The Munder Funds (2003-2014), president and CEO of the National Association of Manufacturers (2004-2011), member of the Board of Trustees of the Annie E. Casey Foundation (2004-2015), and as governor of Michigan (1991-2003). He is a past chairman of the National Governors Association.
Albert R. Gamper, Jr. (1942)
Year of Election or Appointment: 2006
Trustee
Mr. Gamper also serves as Trustee of other Fidelity® funds. Prior to his retirement in December 2004, Mr. Gamper served as Chairman of the Board of CIT Group Inc. (commercial finance). During his tenure with CIT Group Inc. Mr. Gamper served in numerous senior management positions, including Chairman (1987-1989; 1999-2001; 2002-2004), Chief Executive Officer (1987-2004), and President (2002-2003). Mr. Gamper currently serves as a member of the Board of Directors of Public Service Enterprise Group (utilities, 2000-present), and Member of the Board of Trustees of Barnabas Health Care System (1997-present). Previously, Mr. Gamper served as Chairman (2012-2015) and Vice Chairman (2011-2012) of the Independent Trustees of certain Fidelity® funds and as Chairman of the Board of Governors, Rutgers University (2004-2007).
Robert F. Gartland (1951)
Year of Election or Appointment: 2010
Trustee
Mr. Gartland also serves as Trustee of other Fidelity® funds. Mr. Gartland is Chairman and an investor in Gartland & Mellina Group Corp. (consulting, 2009-present). Previously, Mr. Gartland served as a partner and investor of Vietnam Partners LLC (investments and consulting, 2008-2011). Prior to his retirement, Mr. Gartland held a variety of positions at Morgan Stanley (financial services, 1979-2007), including Managing Director (1987-2007), and Chase Manhattan Bank (1975-1978).
Arthur E. Johnson (1947)
Year of Election or Appointment: 2008
Trustee
Chairman of the Independent Trustees
Mr. Johnson also serves as Trustee of other Fidelity® funds. Mr. Johnson serves as a member of the Board of Directors of Eaton Corporation plc (diversified power management, 2009-present) and Booz Allen Hamilton (management consulting, 2011-present). Prior to his retirement, Mr. Johnson served as Senior Vice President of Corporate Strategic Development of Lockheed Martin Corporation (defense contractor, 1999-2009). He previously served on the Board of Directors of IKON Office Solutions, Inc. (1999-2008), AGL Resources, Inc. (holding company, 2002-2016), and Delta Airlines (2005-2007). Mr. Arthur E. Johnson is not related to Ms. Abigail P. Johnson.
Michael E. Kenneally (1954)
Year of Election or Appointment: 2009
Trustee
Vice Chairman of the Independent Trustees
Mr. Kenneally also serves as Trustee of other Fidelity® funds. Prior to his retirement, Mr. Kenneally served as Chairman and Global Chief Executive Officer of Credit Suisse Asset Management. Before joining Credit Suisse, he was an Executive Vice President and Chief Investment Officer for Bank of America Corporation. Earlier roles at Bank of America included Director of Research, Senior Portfolio Manager and Research Analyst, and Mr. Kenneally was awarded the Chartered Financial Analyst (CFA) designation in 1991.
Marie L. Knowles (1946)
Year of Election or Appointment: 2001
Trustee
Ms. Knowles also serves as Trustee of other Fidelity® funds. Prior to Ms. Knowles' retirement in June 2000, she served as Executive Vice President and Chief Financial Officer of Atlantic Richfield Company (ARCO) (diversified energy, 1996-2000). From 1993 to 1996, she was a Senior Vice President of ARCO and President of ARCO Transportation Company (pipeline and tanker operations). Ms. Knowles currently serves as a Director and Chairman of the Audit Committee of McKesson Corporation (healthcare service, since 2002). Ms. Knowles is a member of the Board of the Santa Catalina Island Company (real estate, 2009-present). Ms. Knowles is a Member of the Investment Company Institute Board of Governors and a Member of the Governing Council of the Independent Directors Council (2014-present). She also serves as a member of the Advisory Board for the School of Engineering of the University of Southern California. Previously, Ms. Knowles served as a Director of Phelps Dodge Corporation (copper mining and manufacturing, 1994-2007), URS Corporation (engineering and construction, 2000-2003) and America West (airline, 1999-2002). Ms. Knowles previously served as Vice Chairman of the Independent Trustees of certain Fidelity® funds (2012-2015).
Mark A. Murray (1954)
Year of Election or Appointment: 2016
Trustee
Mr. Murray also serves as Trustee of other Fidelity® funds. Mr. Murray is Vice Chairman (2013-present) of Meijer, Inc. (regional retail chain). Previously, Mr. Murray served as a Member of the Advisory Board of certain Fidelity® funds (2016) and as Co-Chief Executive Officer (2013-2016) and President (2006-2013) of Meijer, Inc. Mr. Murray serves as a member of the Board of Directors and Nuclear Review and Public Policy and Responsibility Committees of DTE Energy Company (diversified energy company, 2009-present). Mr. Murray also serves as a member of the Board of Directors of Spectrum Health (not-for-profit health system, 2015-present). Mr. Murray previously served as President of Grand Valley State University (2001-2006), Treasurer for the State of Michigan (1999-2001), Vice President of Finance and Administration for Michigan State University (1998-1999), and a member of the Board of Directors and Audit Committee and Chairman of the Nominating and Corporate Governance Committee of Universal Forest Products, Inc. (manufacturer and distributor of wood and wood-alternative products, 2004-2016). Mr. Murray is also a director or trustee of many community and professional organizations.
+ The information includes the Trustee's principal occupation during the last five years and other information relating to the experience, attributes, and skills relevant to the Trustee's qualifications to serve as a Trustee, which led to the conclusion that the Trustee should serve as a Trustee for each fund.
Advisory Board Members and Officers:
Correspondence intended for a Member of the Advisory Board (if any) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235. Correspondence intended for an officer may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210. Officers appear below in alphabetical order.
Name, Year of Birth; Principal Occupation
Ann E. Dunwoody (1953)
Year of Election or Appointment: 2018
Member of the Advisory Board
General Dunwoody also serves as a Member of the Advisory Board of other Fidelity® funds. General Dunwoody (United States Army, Retired) was the first woman in U.S. military history to achieve the rank of four-star general and prior to her retirement in 2012 held a variety of positions within the U.S. Army, including Commanding General, U.S. Army Material Command (2008-2012). She is the President of First to Four LLC (leadership and mentoring services, 2012-present). She also serves as a member of the Board of Directors and Nominating and Corporate Governance Committee of L3 Technologies, Inc. (communication, electronic, sensor, and aerospace systems, 2013-present), Board of Directors and Nomination and Corporate Governance Committees of Kforce Inc. (professional staffing services, 2016-present) and Board of Directors of Automattic Inc. (software engineering, 2018-present). Previously, General Dunwoody served as a member of the Board of Directors and Audit and Sustainability and Corporate Responsibility Committees of Republic Services, Inc. (waste collection, disposal and recycling, 2013-2016). Ms. Dunwoody also serves on several boards for non-profit organizations, including as a member of the Board of Directors, Chair of the Nomination and Governance Committee and member of the Audit Committee of Logistics Management Institute (consulting non-profit, 2012-present), a member of the Board of Directors of the Army Historical Foundation (2015-present), a member of the Council of Trustees for the Association of the United States Army (advocacy non-profit, 2013-present) and a member of the Board of Trustees of Florida Institute of Technology (2015-present) and ThanksUSA (military family education non-profit, 2014-present).
Elizabeth Paige Baumann (1968)
Year of Election or Appointment: 2017
Anti-Money Laundering (AML) Officer
Ms. Baumann also serves as AML Officer of other funds. She is Chief AML Officer (2012-present) and Senior Vice President (2014-present) of FMR LLC (diversified financial services company) and is an employee of Fidelity Investments. Previously, Ms. Baumann served as AML Officer of the funds (2012-2016), and Vice President (2007-2014) and Deputy Anti-Money Laundering Officer (2007-2012) of FMR LLC.
John J. Burke III (1964)
Year of Election or Appointment: 2018
Chief Financial Officer
Mr. Burke also serves as Chief Financial Officer of other funds. Mr. Burke serves as Head of Investment Operations for Fidelity Fund and Investment Operations (2018-present) and is an employee of Fidelity Investments (1998-present). Previously Mr. Burke served as head of Asset Management Investment Operations (2012-2018).
William C. Coffey (1969)
Year of Election or Appointment: 2018
Secretary and Chief Legal Officer (CLO)
Mr. Coffey also serves as Secretary and CLO of other funds. Mr. Coffey serves as CLO, Secretary, and Senior Vice President of Fidelity Management & Research Company and FMR Co., Inc. (investment adviser firms, 2018-present); Secretary of Fidelity SelectCo, LLC and Fidelity Investments Money Management, Inc. (investment adviser firms, 2018-present); and CLO of Fidelity Management & Research (Hong Kong) Limited, FMR Investment Management (UK) Limited, and Fidelity Management & Research (Japan) Limited (investment adviser firms, 2018-present). He is Senior Vice President and Deputy General Counsel of FMR LLC (diversified financial services company, 2010-present), and is an employee of Fidelity Investments. Previously, Mr. Coffey served as Assistant Secretary of certain funds (2009-2018) and as Vice President and Associate General Counsel of FMR LLC (2005-2009).
Jonathan Davis (1968)
Year of Election or Appointment: 2010
Assistant Treasurer
Mr. Davis also serves as Assistant Treasurer of other funds. Mr. Davis serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments. Previously, Mr. Davis served as Vice President and Associate General Counsel of FMR LLC (diversified financial services company, 2003-2010).
Adrien E. Deberghes (1967)
Year of Election or Appointment: 2010
Assistant Treasurer
Mr. Deberghes also serves as an officer of other funds. He serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), Executive Vice President of Fidelity Investments Money Management, Inc. (FIMM) (investment adviser firm, 2016-present), and is an employee of Fidelity Investments (2008-present). Previously, Mr. Deberghes served as President and Treasurer of certain Fidelity® funds (2013-2018). Prior to joining Fidelity Investments, Mr. Deberghes was Senior Vice President of Mutual Fund Administration at State Street Corporation (2007-2008), Senior Director of Mutual Fund Administration at Investors Bank & Trust (2005-2007), and Director of Finance for Dunkin' Brands (2000-2005). Previously, Mr. Deberghes served in other fund officer roles.
Laura M. Del Prato (1964)
Year of Election or Appointment: 2018
President and Treasurer
Ms. Del Prato also serves as an officer of other funds. Ms. Del Prato is an employee of Fidelity Investments (2017-present). Prior to joining Fidelity Investments, Ms. Del Prato served as a Managing Director and Treasurer of the JPMorgan Mutual Funds (2014-2017). Prior to JPMorgan, Ms. Del Prato served as a partner at Cohen Fund Audit Services (accounting firm, 2012-2013) and KPMG LLP (accounting firm, 2004-2012).
Colm A. Hogan (1973)
Year of Election or Appointment: 2016
Assistant Treasurer
Mr. Hogan also serves as an officer of other funds. Mr. Hogan serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (2005-present). Previously, Mr. Hogan served as Assistant Treasurer of certain Fidelity® funds (2016-2018).
Chris Maher (1972)
Year of Election or Appointment: 2013
Assistant Treasurer
Mr. Maher serves as Assistant Treasurer of other funds. Mr. Maher is Vice President of Valuation Oversight, serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), and is an employee of Fidelity Investments. Previously, Mr. Maher served as Vice President of Asset Management Compliance (2013), Vice President of the Program Management Group of FMR (investment adviser firm, 2010-2013), and Vice President of Valuation Oversight (2008-2010).
John B. McGinty, Jr. (1962)
Year of Election or Appointment: 2016
Chief Compliance Officer
Mr. McGinty also serves as Chief Compliance Officer of other funds. Mr. McGinty is Senior Vice President of Asset Management Compliance for Fidelity Investments and is an employee of Fidelity Investments (2016-present). Mr. McGinty previously served as Vice President, Senior Attorney at Eaton Vance Management (investment management firm, 2015-2016), and prior to Eaton Vance as global CCO for all firm operations and registered investment companies at GMO LLC (investment management firm, 2009-2015). Before joining GMO LLC, Mr. McGinty served as Senior Vice President, Deputy General Counsel for Fidelity Investments (2007-2009).
Rieco E. Mello (1969)
Year of Election or Appointment: 2017
Assistant Treasurer
Mr. Mello also serves as Assistant Treasurer of other funds. Mr. Mello serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (1995-present).
Jason P. Pogorelec (1975)
Year of Election or Appointment: 2015
Assistant Secretary
Mr. Pogorelec also serves as Assistant Secretary of other funds. Mr. Pogorelec serves as Vice President, Associate General Counsel (2010-present) and is an employee of Fidelity Investments (2006-present).
Nancy D. Prior (1967)
Year of Election or Appointment: 2014
Vice President
Ms. Prior also serves as Vice President of other funds. Ms. Prior serves as President Fixed Income, High Income/Emerging Market Debt and Multi Asset Class Strategies of FIAM LLC (2018-present), President (2016-present) and Director (2014-present) of Fidelity Investments Money Management, Inc. (FIMM) (investment adviser firm), President, Fixed Income (2014-present), and is an employee of Fidelity Investments (2002-present). Previously, Ms. Prior served as Vice Chairman of FIAM LLC (investment adviser firm, 2014-2018), a Director of FMR Investment Management (UK) Limited (investment adviser firm, 2015-2018), President Multi-Asset Class Strategies of FMR's Global Asset Allocation Division (2017-2018), Vice President of Fidelity's Money Market Funds (2012-2014), President, Money Market and Short Duration Bond Group of Fidelity Management & Research (FMR) (investment adviser firm, 2013-2014), President, Money Market Group of FMR (2011-2013), Managing Director of Research (2009-2011), Senior Vice President and Deputy General Counsel (2007-2009), and Assistant Secretary of certain Fidelity® funds (2008-2009).
Stacie M. Smith (1974)
Year of Election or Appointment: 2013
Assistant Treasurer
Ms. Smith also serves as an officer of other funds. Ms. Smith serves as Assistant Treasurer of FMR Capital, Inc. (2017-present), is an employee of Fidelity Investments (2009-present), and has served in other fund officer roles. Prior to joining Fidelity Investments, Ms. Smith served as Senior Audit Manager of Ernst & Young LLP (accounting firm, 1996-2009). Previously, Ms. Smith served as Assistant Treasurer (2013-2018) and Deputy Treasurer (2013-2016) of certain Fidelity® funds.
Marc L. Spector (1972)
Year of Election or Appointment: 2016
Deputy Treasurer
Mr. Spector also serves as an officer of other funds. Mr. Spector serves as Assistant Treasurer of FMR Capital, Inc. (2017-present) and is an employee of Fidelity Investments (2016-present). Prior to joining Fidelity Investments, Mr. Spector served as Director at the Siegfried Group (accounting firm, 2013-2016), and prior to Siegfried Group as audit senior manager at Deloitte & Touche (accounting firm, 2005-2013).
Shareholder Expense Example
As a shareholder of a Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs, including other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other mutual funds.
The actual expense Example is based on an investment of $1,000 invested at the beginning of the period and held for the period (August 2, 2018 to October 31, 2018) for Fidelity ZERO Total Market Index Fund and Fidelity ZERO International Index Fund and for the period (September 13, 2018 to October 31, 2018) for Fidelity ZERO Extended Market Index Fund and Fidelity ZERO Large Cap Index Fund. The hypothetical expense Example is based on an investment of $1,000 invested for the one-half year period (May 1, 2018 to October 31, 2018).
Actual Expenses
The first line of the accompanying table for each fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table for each fund provides information about hypothetical account values and hypothetical expenses based on a fund's actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund's actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value | Ending Account Value October 31, 2018 | Expenses Paid During Period |
|
Fidelity ZERO Extended Market Index Fund | - %-B | |||
Actual | $1,000.00 | $899.00 | $-C,D | |
Hypothetical-E | $1,000.00 | $1,025.21 | $-D,F | |
Fidelity ZERO International Index Fund | - %-B | |||
Actual | $1,000.00 | $913.00 | $-C,D | |
Hypothetical-E | $1,000.00 | $1,025.21 | $-D,F | |
Fidelity ZERO Large Cap Index Fund | - %-B | |||
Actual | $1,000.00 | $935.00 | $-C,D | |
Hypothetical-E | $1,000.00 | $1,025.21 | $-D,F | |
Fidelity ZERO Total Market Index Fund | - %-B | |||
Actual | $1,000.00 | $956.00 | $-C,D | |
Hypothetical-E | $1,000.00 | $1,025.21 | $-D,F |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Amount less than .005%.
C Actual expenses are equal to each Funds' annualized expense ratio, multiplied by the average account value over the period, multiplied by 91/365 (to reflect the period August 2, 2018 to October 31, 2018) for Fidelity ZERO Total Market Index Fund and Fidelity ZERO International Index Fund and multiplied by 49/365 (to reflect the period September 13, 2018 to October 31, 2018) for Fidelity ZERO Extended Market Index Fund and Fidelity ZERO Large Cap Index Fund.
D Amount less than $.005.
E 5% return per year before expenses
F Hypothetical expenses are equal to each Fund's annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).
Distributions (Unaudited)
The Board of Trustees of each fund voted to pay to shareholders of record at the opening of business on record date, the following distributions per share derived from capital gains realized from sales of portfolio securities, and dividends derived from net investment income:
Pay Date | Record Date | Dividends | Capital Gains | |
Fidelity ZERO Extended Market Index Fund | 12/17/2018 | 12/14/2018 | $0.038 | $0.000 |
Fidelity ZERO International Index Fund | 12/17/2018 | 12/14/2018 | $0.056 | $0.000 |
Fidelity ZERO Large Cap Index Fund | 12/17/2018 | 12/14/2018 | $0.035 | $0.000 |
Fidelity ZERO Total Market Index Fund | 12/17/2018 | 12/14/2018 | $0.053 | $0.003 |
The funds hereby designate as capital gain dividend the amounts noted below for the taxable year ended October 31, 2018, or, if subsequently determined to be different, the net capital gain of such year.
Fidelity ZERO Total Market Index Fund | $84,503 |
The funds will notify shareholders in January 2019 of amounts for use in preparing 2018 income tax returns.
Board Approval of Investment Advisory Contracts and Management Fees
Fidelity ZERO Extended Market Index FundBoard Approval of Investment Advisory Contracts and Management Fees
Fidelity ZERO International Index Fund
Fidelity ZERO Total Market Index Fund
EML-ANN-1218
1.9891446.100
Item 2.
Code of Ethics
As of the end of the period, October 31, 2018, Fidelity Concord Street Trust (the trust) has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its President and Treasurer and its Chief Financial Officer. A copy of the code of ethics is filed as an exhibit to this Form N-CSR.
Item 3.
Audit Committee Financial Expert
The Board of Trustees of the trust has determined that Joseph Mauriello is an audit committee financial expert, as defined in Item 3 of Form N-CSR. Mr. Mauriello is independent for purposes of Item 3 of Form N-CSR.
Item 4.
Principal Accountant Fees and Services
Fees and Services
The following table presents fees billed by Deloitte & Touche LLP, the member firms of Deloitte Touche Tohmatsu, and their respective affiliates (collectively, Deloitte Entities) in each of the last two fiscal years for services rendered to Fidelity Series International Index Fund, Fidelity Zero Extended Market Index Fund and Fidelity Zero Large Cap Index Fund (the Funds):
Services Billed by Deloitte Entities
October 31, 2018 FeesA,B
| Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees |
Fidelity Series International Index Fund | $52,000 | $- | $6,000 | $300 |
Fidelity Zero Extended Market Index Fund | $56,000 | $- | $4,800 | $100 |
Fidelity Zero Large Cap Index Fund | $39,000 | $- | $4,800 | $100 |
October 31, 2017 FeesB
| Audit Fees | Audit-Related Fees | Tax Fees | All Other Fees |
Fidelity Series International Index Fund | $- | $- | $- | $- |
Fidelity Zero Extended Market Index Fund | $- | $- | $- | $- |
Fidelity Zero Large Cap Index Fund | $- | $- | $- | $- |
A Amounts may reflect rounding.
B Fidelity Series International Index Fund commenced operations on August 17, 2018 and Fidelity Zero Extended Market Index Fund and Fidelity Zero Large Cap Index Fund commenced operations on September 13, 2018.
The following table presents fees billed by Deloitte Entities that were required to be approved by the Audit Committee for services that relate directly to the operations and financial reporting of the Funds and that are rendered on behalf of Fidelity Management & Research Company (FMR) and entities controlling, controlled by, or under common control with FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser) that provide ongoing services to the Funds (Fund Service Providers):
Services Billed by Deloitte Entities
| October 31, 2018A,B | October 31, 2017B |
Audit-Related Fees | $290,000 | $- |
Tax Fees | $5,000 | $- |
All Other Fees | $- | $- |
A Amounts may reflect rounding.
B May include amounts billed prior to the Fidelity Series International Index Fund, Fidelity Zero Extended Market Index Fund and Fidelity Zero Large Cap Index Funds commencement of operations.
Audit-Related Fees represent fees billed for assurance and related services that are reasonably related to the performance of the fund audit or the review of the fund's financial statements and that are not reported under Audit Fees.
Tax Fees represent fees billed for tax compliance, tax advice or tax planning that relate directly to the operations and financial reporting of the fund.
All Other Fees represent fees billed for services provided to the fund or Fund Service Provider, a significant portion of which are assurance related, that relate directly to the operations and financial reporting of the fund, excluding those services that are reported under Audit Fees, Audit-Related Fees or Tax Fees.
Assurance services must be performed by an independent public accountant.
* * *
The aggregate non-audit fees billed by Deloitte Entities for services rendered to the Funds, FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any Fund Service Provider for each of the last two fiscal years of the Funds are as follows:
Billed By | October 31, 2018A,B | October 31, 2017B |
Deloitte Entities | $770,000 | $- |
A Amounts may reflect rounding.
B May include amounts billed prior to the Fidelity Series International Index Fund, Fidelity Zero Extended Market Index Fund and Fidelity Zero Large Cap Index Funds commencement of operations.
The trust's Audit Committee has considered non-audit services that were not pre-approved that were provided by Deloitte Entities to Fund Service Providers to be compatible with maintaining the independence of Deloitte Entities in its audit of the Funds, taking into account representations from Deloitte Entities, in accordance with Public Company Accounting Oversight Board rules, regarding its independence from the Funds and their related entities and FMRs review of the appropriateness and permissibility under applicable law of such non-audit services prior to their provision to the Fund Service Providers.
Audit Committee Pre-Approval Policies and Procedures
The trusts Audit Committee must pre-approve all audit and non-audit services provided by a funds independent registered public accounting firm relating to the operations or financial reporting of the fund. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.
The Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committees consideration of non-audit services by the audit firms that audit the Fidelity funds. The policies and procedures require that any non-audit service provided by a fund audit firm to a Fidelity fund and any non-audit service provided by a fund auditor to a Fund Service Provider that relates directly to the operations and financial reporting of a Fidelity fund (Covered Service) are subject to approval by the Audit Committee before such service is provided.
All Covered Services must be approved in advance of provision of the service either: (i) by formal resolution of the Audit Committee, or (ii) by oral or written approval of the service by the Chair of the Audit Committee (or if the Chair is unavailable, such other member of the Audit Committee as may be designated by the Chair to act in the Chairs absence). The approval contemplated by (ii) above is permitted where the Treasurer determines that action on such an engagement is necessary before the next meeting of the Audit Committee.
Non-audit services provided by a fund audit firm to a Fund Service Provider that do not relate directly to the operations and financial reporting of a Fidelity fund are reported to the Audit Committee periodically.
Non-Audit Services Approved Pursuant to Rule 2-01(c)(7)(i)(C) and (ii) of Regulation S-X (De Minimis Exception)
There were no non-audit services approved or required to be approved by the Audit Committee pursuant to the De Minimis Exception during the Funds last two fiscal years relating to services provided to (i) the Funds or (ii) any Fund Service Provider that relate directly to the operations and financial reporting of the Funds.
Item 5.
Audit Committee of Listed Registrants
Not applicable.
Item 6.
Investments
(a)
Not applicable.
(b)
Not applicable
Item 7.
Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 8.
Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 9.
Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
Item 10.
Submission of Matters to a Vote of Security Holders
There were no material changes to the procedures by which shareholders may recommend nominees to the trusts Board of Trustees.
Item 11.
Controls and Procedures
(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the trusts 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 trusts internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the trusts internal control over financial reporting.
Item 12.
Disclosure of Securities Lending Activities for Closed-End Management
Investment Companies
Not applicable.
Item 13.
Exhibits
(a) | (1) | Code of Ethics pursuant to Item 2 of Form N-CSR is filed and attached hereto as EX-99.CODE ETH. |
(a) | (2) | Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT. |
(a) | (3) | Not applicable. |
(b) |
| Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Fidelity Concord Street Trust
By: | /s/Stacie M. Smith |
| Stacie M. Smith |
| President and Treasurer |
|
|
Date: | December 26, 2018 |
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/Stacie M. Smith |
| Stacie M. Smith |
| President and Treasurer |
|
|
Date: | December 26, 2018 |
By: | /s/John J. Burke III |
| John J. Burke III |
| Chief Financial Officer |
|
|
Date: | December 26, 2018 |
Exhibit EX-99.CERT
I, Stacie M. Smith, certify that:
1.
I have reviewed this report on Form N-CSR of Fidelity Concord Street Trust;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
a.
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and
d.
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:
December 26, 2018
/s/Stacie M. Smith |
Stacie M. Smith |
President and Treasurer |
I, John J. Burke III, certify that:
1.
I have reviewed this report on Form N-CSR of Fidelity Concord Street Trust;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
a.
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and
d.
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:
December 26, 2018
/s/John J. Burke III |
John J. Burke III |
Chief Financial Officer |
Exhibit EX-99.906CERT
Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code)
In connection with the attached Report of Fidelity Concord Street Trust (the “Trust”) on Form N-CSR to be filed with the Securities and Exchange Commission (the “Report”), each of the undersigned officers of the Trust does hereby certify that, to the best of such officer’s knowledge:
1.
The Report fully complies with the requirements of 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust as of, and for, the periods presented in the Report.
Dated:
December 26, 2018
/s/Stacie M. Smith |
Stacie M. Smith |
President and Treasurer |
Dated:
December 26, 2018
/s/John J. Burke III |
John J. Burke III |
Chief Financial Officer |
A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Trust and will be retained by the Trust and furnished to the Securities and Exchange Commission or its staff upon request.
EXHIBIT EX-99.CODE ETH
FIDELITY FUNDS CODE OF ETHICS FOR
PRESIDENT, TREASURER AND PRINCIPAL ACCOUNTING OFFICER
I. Purposes of the Code/Covered Officers
This document constitutes the Code of Ethics (Code) adopted by the Fidelity Funds (Funds) pursuant to the provisions of Rule 30b2-1(a) under the Investment Company Act of 1940), which Rule implements Sections 406 of the Sarbanes-Oxley Act of 2002 with respect to registered investment companies. The Code applies to the Fidelity Funds President and Treasurer, and Chief Financial Officer (Covered Officers). Fidelitys Ethics Office, a part of Corporate Compliance Group within Core Compliance, administers the Code.
The purposes of the Code are to deter wrongdoing and to promote, on the part of the Covered Officers:
·
honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;
·
full, fair, accurate, timely and understandable disclosure in reports and documents that the Fidelity Funds submit to the Securities and Exchange Commission (SEC), and in other public communications by a Fidelity Fund;
·
compliance with applicable laws and governmental rules and regulations;
·
the prompt internal reporting to an appropriate person or persons identified in the Code of violations of the Code; and
·
accountability for adherence to the Code.
Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.
II.
Covered Officers Should Handle Ethically
Actual and Apparent Conflicts of Interest
Overview. A conflict of interest occurs when a Covered Officers private interest interferes with the interests of, or his service to, the Fidelity Funds. For example, a conflict of interest would arise if a Covered Officer, or a member of his family, receives improper personal benefits as a result of his position with the Fidelity Funds.
Certain conflicts of interest arise out of the relationships between Covered Officers and the Fidelity Funds and already are subject to conflict of interest provisions in the Investment Company Act of 1940 (Investment Company Act) and the Investment Advisers Act of 1940 (Investment Advisers Act). For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with a Fidelity Fund because of their status as affiliated persons of the Fund. Separate compliance programs and procedures of the Fidelity Funds, Fidelity Management & Research Company (FMR) and the other Fidelity companies are designed to prevent, or identify and correct, violations of these provisions. This Code does not, and is not intended to, repeat or replace these programs and procedures, and such conflicts fall outside of the parameters of this Code.
Although typically not presenting an opportunity for improper personal benefit, conflicts arise from, or as a result of, the contractual relationship between the Fidelity Funds and FMR (or another Fidelity company) of which the Covered Officers are also officers or employees. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for the Fidelity Funds, FMR or another Fidelity company), be involved in establishing policies and implementing decisions that have different effects on the Fidelity Funds, FMR and other Fidelity companies. The participation of the Covered Officers in such activities is inherent in the contractual relationship between the Fidelity Funds and FMR (or another Fidelity company), and is consistent with the performance by the Covered Officers of their duties as officers of the Fidelity Funds. Thus, if performed in conformity with the provisions of the Investment Company Act and the Investment Advisers Act, such activities will be deemed to have been handled ethically. In addition, it is recognized by the Funds Board of Trustees (Board) that the Covered Officers also may be officers or employees of one or more other Fidelity Funds covered by this Code.
Other conflicts of interest are covered by the Code, even if such conflicts of interest are not subject to provisions in the Investment Company Act and the Investment Advisers Act. The following list provides examples of conflicts of interest under the Code, but Covered Officers should keep in mind that these examples are not exhaustive. The overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interest of a Fidelity Fund.
* * *
Each Covered Officer must:
·
not use his or her personal influence or personal relationships improperly to influence investment decisions or financial reporting by any Fidelity Fund whereby the Covered Officer would benefit personally to the detriment of any Fidelity Fund;
·
not cause a Fidelity Fund to take action, or fail to take action, for the individual personal benefit of the Covered Officer rather than the benefit of the Fidelity Fund;
·
not engage in any outside business activity, including serving as a director or trustee, that prevents the Covered Officer from devoting appropriate time and attention to the Covered Officers responsibilities with the Fidelity Funds;
·
not have a consulting or employment relationship with any of the Fidelity Funds service providers that are not affiliated with Fidelity; and
·
not retaliate against any employee or Covered Officer for reports of actual or potential misconduct, which are made in good faith.
With respect to other fact patterns, if a Covered Officer is in doubt, other potential conflict of interest situations should be described immediately to the Fidelity Ethics Office for resolution. Similarly, any questions a Covered Officer has generally regarding the application or interpretation of the Code should be directed to the Fidelity Ethics Office immediately.
III. Disclosure and Compliance
·
Each Covered Officer should familiarize himself with the disclosure requirements generally applicable to the Fidelity Funds.
·
Each Covered Officer should not knowingly misrepresent, or cause others to misrepresent, facts about any Fidelity Fund to others, whether within or outside Fidelity, including to the Board and auditors, and to governmental regulators and self-regulatory organizations;
·
Each Covered Officer should, to the extent appropriate within his area of responsibility, consult with other officers and employees of the Fidelity Funds, FMR and the Fidelity service providers, and with the Boards Compliance Committee, with the goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Fidelity Funds file with, or submit to, the SEC and in other public communications made by the Fidelity Funds; and
·
It is the responsibility of each Covered Officer to promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations.
IV. Reporting and Accountability
Each Covered Officer must:
·
upon receipt of the Code, and annually thereafter, submit to the Fidelity Ethics Office an acknowledgement stating that he or she has received, read, and understands the Code; and
·
notify the Fidelity Ethics Office promptly if he or she knows of any violation of the Code. Failure to do so is itself a violation of this Code.
The Fidelity Ethics Office shall take all action it considers appropriate to investigate any actual or potential violations reported to it. Upon completion of the investigation, if necessary, the matter will be reviewed with senior management or other appropriate parties, and a determination will be made as to whether any action should be taken as detailed below. The Covered Officer will be informed of any action determined to be appropriate. The Fidelity Ethics Office will inform the Personal Trading Committee of all Code violations and actions taken in response. Without implied limitation, appropriate remedial, disciplinary or preventive action may include a written warning, a letter of censure, suspension, dismissal or, in the event of criminal or other serious violations of law, notification of the SEC or other appropriate law enforcement authorities. Additionally, other legal remedies may be pursued.
The policies and procedures described in the Code do not create any obligations to any person or entity other than the Fidelity Funds. The Code is intended solely for the internal use by the Fidelity Funds and does not constitute a promise, contract or an admission by or on behalf of any Fidelity Fund as to any fact, circumstance, or legal conclusion. The Fidelity Funds, the Fidelity companies and the Fidelity Chief Ethics Officer retain the discretion to decide whether the Code applies to a specific situation, and how it should be interpreted.
V. Oversight
Material violations of this Code will be reported promptly by FMR to the Boards Compliance Committee. In addition, at least once each year, FMR will provide a written report to the Board, which describes any issues arising under the Code since the last report to the Board, including, but not limited to, information about material violations of the Code and action taken in response to the material violations.
VI. Other Policies and Procedures
This Code shall be the sole code of ethics adopted by the Fidelity Funds for purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms applicable to registered investment companies thereunder. Other Fidelity policies or procedures that cover the behavior or activities of Covered Officers are separate requirements applying to the Covered Officers (and others), and are not part of this Code.
VII. Amendments
Any material amendments or changes to this Code must be approved or ratified by a majority vote of the Board, including a majority of the Trustees who are not interested persons of the Fidelity Funds.
VIII. Records and Confidentiality
Records of any violation of the Code and of the actions taken as a result of such violations will be kept by the Fidelity Ethics Office. All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the Fidelity Ethics Office, the Personal Trading Committee, the Board, appropriate personnel at the relevant Fidelity company or companies and the legal counsel of any or all of the foregoing.
"7F(J9C )H+O!3(J<8/?T82R=52=T7J:T
M%D-P(J-1D?:9Y.F5(O%PVP:R71@D)FIZ2?UQ'P)I3I5)P.],$Y?*5GH: V *5QPMS9CX BC&
M+V?Q]U@D+2MZ62Y>?U.Q /H*@K7$;$*LDAS0>AFL8=C3V__/(/;5/>2S!$G&
MB5?Y1B<01_8)5Y"6C^R;0W(Z4K] ZLI[8!NBST['9GNEI5'C =50@##-: R2
MP[!UDIU-!2WQ.E(. F#GEX0+/*CSW5#DV['%XG*G@Y8H
&0Q>58*7S_V$8& GJ1I)O "LY4).=
M$(8(1UV2
,PZV$J;.O
M7_R[:"H\YY'Y'QB6YBW(EELV1Q0I2H\BX0M4OM]4AYA3*VT).GD3N305;=KK
MB=T)=BV)VQR5=ON4Q3T8><,24+<^1\#S4%O_ J6M:[UD%Z&O@1HK,)*B--Q
M?<+A[^X,#7TU1:_.N1KQSC:Z.,+V2[F$VUD]_P#>=0[IY_!"Z&,3T$VXKX^5
MR1DCED5*5 BQXKDM^2A <*0E24)3M*D_.4L=]!\)]L_>61^IH_.T1W,*^'
M6TXAD\#(U7AVYFVK4XW%:K+)4#.,_M
M,FPY]=;U<7K#