NPORT-EX 2 vg_ftseallworldexussmcap.htm
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments (unaudited)
As of January 31, 2022
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
    Shares Market
Value
($000)
Common Stocks (98.7%)
Australia (5.2%)
* Pilbara Minerals Ltd. 9,440,385 21,840
* Lynas Rare Earths Ltd. 3,334,619 21,539
* Allkem Ltd. 2,080,708 13,549
  Steadfast Group Ltd. 3,477,577 11,444
  Reliance Worldwide Corp. Ltd. 2,985,300 11,025
  Breville Group Ltd. 529,277 10,779
  Nine Entertainment Co. Holdings Ltd. 5,727,109 10,688
  ARB Corp. Ltd. 264,766 8,724
  National Storage REIT 4,826,010 8,460
*,1 Champion Iron Ltd. 1,690,917 7,812
  nib holdings Ltd. 1,757,616 7,755
  Link Administration Holdings Ltd. 1,931,956 7,405
  Charter Hall Long Wale REIT 2,149,926 7,354
  Healius Ltd. 2,302,011 7,287
* Uniti Group Ltd. 2,382,634 7,117
  Sandfire Resources Ltd. (XASX) 1,463,322 7,032
  Eagers Automotive Ltd. 766,810 6,985
  Premier Investments Ltd. 327,699 6,724
  Bapcor Ltd. 1,287,600 6,452
* Chalice Mining Ltd. 1,137,954 6,307
  Ingenia Communities Group 1,603,208 6,270
* Corporate Travel Management Ltd. 414,071 6,174
  IRESS Ltd. 741,758 6,001
  Charter Hall Retail REIT 2,089,498 5,962
  Waypoint REIT 3,037,314 5,834
  Credit Corp. Group Ltd. 239,373 5,776
  Centuria Capital Group 2,705,227 5,749
  Super Retail Group Ltd. 680,482 5,628
  BWP Trust 1,958,949 5,525
* Liontown Resources Ltd. 5,350,991 5,420
2 Viva Energy Group Ltd. 3,367,617 5,134
  GrainCorp Ltd. Class A 990,150 5,115
  Arena REIT 1,527,154 5,090
  Perseus Mining Ltd. 4,803,247 5,021
* Megaport Ltd. 521,749 5,019
  InvoCare Ltd. 629,208 4,996
  Abacus Property Group 1,988,497 4,860
* Webjet Ltd. 1,384,837 4,848
  Technology One Ltd. 623,134 4,662
  Nickel Mines Ltd. 4,426,175 4,546
  Pendal Group Ltd. 1,269,861 4,361
* Imugene Ltd. 19,447,881 4,345

    Shares Market
Value
($000)
  IPH Ltd. 731,457 4,244
  Aventus Group 1,846,877 4,231
  GUD Holdings Ltd. 483,566 4,230
  Brickworks Ltd. 262,306 4,216
* Paladin Energy Ltd. 8,076,422 4,211
  Bega Cheese Ltd. 1,139,780 4,127
  Centuria Industrial REIT 1,472,551 3,982
*,1 Zip Co. Ltd. 1,702,787 3,920
* De Grey Mining Ltd. 4,828,826 3,912
  Elders Ltd. 486,982 3,766
  Rural Funds Group 1,839,588 3,723
  Lifestyle Communities Ltd. 300,169 3,598
  Costa Group Holdings Ltd. (XASX) 1,815,053 3,590
  Cromwell Property Group 5,811,811 3,467
* Silver Lake Resources Ltd. 3,266,877 3,440
* EVENT Hospitality and Entertainment Ltd. 358,222 3,423
  Blackmores Ltd. 58,452 3,395
* ioneer Ltd. 7,152,933 3,372
* Nanosonics Ltd. 926,682 3,368
  Gold Road Resources Ltd. 3,482,376 3,315
  AUB Group Ltd. 199,549 3,295
  HUB24 Ltd. 168,014 3,274
  Ramelius Resources Ltd. 3,292,233 3,155
*,2 Life360 Inc. GDR 526,384 3,088
  Regis Resources Ltd. 2,526,861 3,074
  Netwealth Group Ltd. 278,620 3,018
  Tassal Group Ltd. 1,163,579 2,905
  Johns Lyng Group Ltd. 523,742 2,866
  Collins Foods Ltd. 341,141 2,846
*,1 Temple & Webster Group Ltd. 455,775 2,768
* Western Areas Ltd. 1,108,837 2,729
  Codan Ltd. 423,670 2,728
*,1 PointsBet Holdings Ltd. 769,988 2,698
  Charter Hall Social Infrastructure REIT 987,756 2,691
* West African Resources Ltd. 3,270,910 2,593
* Telix Pharmaceuticals Ltd. 534,454 2,583
  Australian Ethical Investment Ltd. 388,574 2,563
  St. Barbara Ltd. 2,915,551 2,555
* EML Payments Ltd. 1,190,342 2,535
*,2 Coronado Global Resources Inc. GDR 2,590,935 2,517
* Omni Bridgeway Ltd. 1,083,987 2,507
  Monadelphous Group Ltd. 393,323 2,506
  Clinuvel Pharmaceuticals Ltd. 152,646 2,495
  United Malt Grp Ltd. 826,639 2,442
  Genworth Mortgage Insurance Australia Ltd. 1,410,091 2,438
  Imdex Ltd. 1,165,172 2,438
  Pinnacle Investment Management Group Ltd. 298,622 2,410
* G8 Education Ltd. 3,018,404 2,378
* Karoon Energy Ltd. 1,674,020 2,294
*,1 Australian Strategic Materials Ltd. 371,261 2,216
  Jumbo Interactive Ltd. 171,496 2,181
*,1 PolyNovo Ltd. 2,316,965 2,164
* Vulcan Energy Resources Ltd. 323,741 2,155
  Growthpoint Properties Australia Ltd. 766,649 2,142
  Lovisa Holdings Ltd. 169,490 2,138
*,1 Capricorn Metals Ltd. 947,022 2,126
*,1 Tyro Payments Ltd. 1,313,560 2,108
* Home Consortium Ltd. 452,676 2,100

    Shares Market
Value
($000)
  GWA Group Ltd. 1,109,708 1,990
  Irongate Group (XJSE) 1,532,565 1,988
  Austal Ltd. 1,376,274 1,963
* oOh!media Ltd. 1,705,223 1,956
  Centuria Office REIT 1,270,897 1,947
  Kelsian Group Ltd. 384,688 1,920
*,1 Syrah Resources Ltd. 1,590,009 1,878
* 29Metals Ltd. 958,210 1,794
  Dexus Industria REIT 793,724 1,756
*,1 Mesoblast Ltd. 2,083,517 1,674
  Hansen Technologies Ltd. 481,648 1,671
  NRW Holdings Ltd. 1,471,896 1,663
* Bellevue Gold Ltd. 2,977,035 1,645
  Data#3 Ltd. 419,017 1,642
  Senex Energy Ltd. 500,826 1,635
  Perenti Global Ltd. 2,936,950 1,609
* PEXA Group Ltd. 122,013 1,602
  Select Harvests Ltd. 411,396 1,579
  GDI Property Group 2,151,684 1,572
*,1 City Chic Collective Ltd. 415,611 1,461
1 Dicker Data Ltd. 158,993 1,440
*,1 Seven West Media Ltd. 3,218,759 1,429
  Accent Group Ltd. 960,677 1,382
  Australian Pharmaceutical Industries Ltd. 1,232,636 1,327
* Eclipx Group Ltd. 880,406 1,315
  SmartGroup Corp. Ltd. 247,602 1,258
  Integral Diagnostics Ltd. 425,342 1,246
  Hotel Property Investments 506,372 1,240
  Infomedia Ltd. 1,158,194 1,233
*,1 nearmap Ltd. 1,284,630 1,232
* Aurelia Metals Ltd. 4,067,870 1,217
1 New Hope Corp. Ltd. 754,529 1,215
1 Kogan.com Ltd. 274,192 1,211
*,1 Andromeda Metals Ltd. 8,773,303 1,195
  Westgold Resources Ltd. 908,487 1,177
  Inghams Group Ltd. 504,705 1,175
* Starpharma Holdings Ltd. Class A 1,519,254 1,171
* Audinate Group Ltd. 201,707 1,146
  Pact Group Holdings Ltd. 692,987 1,145
  McMillan Shakespeare Ltd. 142,083 1,133
  Bravura Solutions Ltd. 730,701 1,121
  HomeCo Daily Needs REIT 1,159,982 1,120
* Dubber Corp. Ltd. 881,413 1,119
* Cooper Energy Ltd. 5,230,845 1,114
* Betmakers Technology Group Ltd. 2,439,371 1,089
  Baby Bunting Group Ltd. 287,915 1,040
* Fineos Corp. Ltd. GDR 410,160 1,037
  Service Stream Ltd. 1,856,334 1,029
  MyState Ltd. 288,709 1,017
* OFX Group Ltd. 616,521 1,008
  Estia Health Ltd. 697,441 1,008
  Sigma Healthcare Ltd. 3,153,420 1,007
  Emeco Holdings Ltd. 1,581,074 1,005
* Opthea Ltd. 1,207,447 979
* Superloop Ltd. 1,289,163 975
*,1 Carnarvon Energy Ltd. 5,106,962 962
  Virtus Health Ltd. 177,850 913
  BWX Ltd. 375,458 903

    Shares Market
Value
($000)
  Money3 Corp. Ltd. 413,869 890
* Mayne Pharma Group Ltd. 4,914,636 872
* Australian Agricultural Co. Ltd. 836,792 859
*,1 Redbubble Ltd. 661,592 842
* Resolute Mining Ltd. 4,128,623 838
* PPK Group Ltd. 154,481 786
  Australian Finance Group Ltd. 496,466 778
* Alkane Resources Ltd. 1,321,914 773
*,1 Paradigm Biopharmaceuticals Ltd. 724,781 751
* Myer Holdings Ltd. 2,349,887 733
  Southern Cross Media Group Ltd. 531,188 711
1 Mount Gibson Iron Ltd. 2,350,222 702
*,1 Bubs Australia Ltd. 2,021,870 676
* Nuix Ltd. 637,356 674
*,1 Electro Optic Systems Holdings Ltd. 451,175 667
*,1 Humm Group Ltd. 1,105,217 654
  Macmahon Holdings Ltd. 4,800,945 613
  Cedar Woods Properties Ltd. 166,885 609
  Jupiter Mines Ltd. 3,864,808 604
  Navigator Global Investments Ltd. 512,261 586
*,1 AMA Group Ltd. 1,879,304 577
  SG Fleet Group Ltd. 331,373 558
1 Regis Healthcare Ltd. 357,557 446
  MACA Ltd. 839,043 427
* Marley Spoon AG GDR 912,763 418
* Dacian Gold Ltd. 2,018,615 252
  Irongate Group 162,562 213
* New Century Resources Ltd. 138,201 205
* Minerals 260 Ltd. 411,515 171
* Falcon Metals Ltd. 369,619 112
  Vita Group Ltd. 11,182 3
      582,141
Austria (0.8%)
*,2 BAWAG Group AG 262,603 15,760
  Wienerberger AG 422,757 15,307
*,1 IMMOFINANZ AG 342,139 8,876
* Lenzing AG 52,723 6,472
  S IMMO AG 216,691 5,553
  CA Immobilien Anlagen AG (XWBO) 150,114 5,478
  Oesterreichische Post AG 129,019 5,415
  Mayr Melnhof Karton AG 27,602 5,370
  UNIQA Insurance Group AG 461,369 4,276
  AT&S Austria Technologie & Systemtechnik AG 88,803 4,136
  Vienna Insurance Group AG Wiener Versicherung Gruppe 120,550 3,531
  EVN AG 100,266 2,951
* Schoeller-Bleckmann Oilfield Equipment AG 56,380 2,377
* DO & CO AG 20,430 2,106
  Strabag SE (Bearer) 44,045 1,896
  Palfinger AG 27,158 928
* Flughafen Wien AG 28,640 915
* Porr AG 44,772 634
  Agrana Beteiligungs AG 30,733 597
*,3 CA Immobilien Anlagen AG 255,953
      92,578
Belgium (1.1%)
* Cofinimmo SA 107,757 15,896
  Aedifica SA 131,134 15,772

    Shares Market
Value
($000)
  Melexis NV 70,997 7,444
  Montea NV 52,555 7,270
  VGP NV 24,977 7,078
  Bekaert SA 140,131 6,524
  KBC Ancora 129,708 6,250
  Euronav NV 734,289 6,049
  Barco NV 271,783 5,613
  Shurgard Self Storage SA 83,107 4,791
* Tessenderlo Group SA 110,012 4,285
  Gimv NV 69,187 4,218
  Fagron 243,587 4,187
  Xior Student Housing NV 66,392 3,634
  Befimmo SA 92,585 3,471
* AGFA-Gevaert NV 801,630 3,401
  Cie d'Entreprises CFE 23,119 3,132
* bpost SA 399,337 2,948
* Kinepolis Group NV 43,067 2,608
  Retail Estates NV 31,452 2,533
* Ontex Group NV 318,692 2,334
*,1 Mithra Pharmaceuticals SA 77,353 1,755
  Orange Belgium SA 70,205 1,525
  Econocom Group SA NV 366,663 1,466
  Van de Velde NV 15,329 568
  Wereldhave Belgium Comm VA 6,639 388
      125,140
Brazil (0.9%)
* GRUPO DE MODA SOMA SA 1,601,662 4,374
  MRV Engenharia e Participacoes SA 1,307,692 3,302
  Santos Brasil Participacoes SA 2,493,505 3,278
  Arezzo Industria e Comercio SA 206,015 3,173
  Pet Center Comercio E Participacoes SA 922,043 3,093
  CSHG Logistica FI Imobiliario 95,363 3,063
  Light SA 1,393,700 3,047
  SLC Agricola SA 351,780 3,046
  Kinea Indice de Precos FII 151,563 2,974
* Gol Linhas Aereas Inteligentes SA Preference Shares 861,855 2,969
  Cia de Saneamento do Parana 716,900 2,722
* Iguatemi SA (BVMF) 718,550 2,706
  Unipar Carbocloro SA Preference Shares 152,426 2,695
  Kinea Rendimentos Imobiliarios FII 133,528 2,561
  Minerva SA 1,343,767 2,414
* Omega Energia SA 1,064,425 2,321
  Kinea Renda Imobiliaria FII 85,830 2,158
* Anima Holding SA 1,297,131 2,157
* CVC Brasil Operadora e Agencia de Viagens SA 757,768 2,063
* Infracommerce CXAAS SA 667,800 2,050
  Alupar Investimento SA 313,009 1,500
  Construtora Tenda SA 496,584 1,497
  Cia de Saneamento de Minas Gerais-COPASA 603,723 1,495
  Intelbras SA Industria de Telecomunicacao Eletronica Brasileira 251,600 1,483
* Grupo SBF SA 301,300 1,461
  Vivara Participacoes SA 282,200 1,398
* Cia Brasileira de Aluminio 420,200 1,372
  Cia Ferro Ligas da Bahia - FERBASA Preference Shares 152,000 1,330
  Banco do Estado do Rio Grande do Sul SA Class B Preference Shares 633,300 1,306
  Iochpe Maxion SA 452,544 1,284
* EcoRodovias Infraestrutura e Logistica SA 859,861 1,282
  Ambipar Participacoes e Empreendimentos SA 167,400 1,245

    Shares Market
Value
($000)
  Movida Participacoes SA 397,300 1,233
  Mahle-Metal Leve SA 194,000 1,194
  LOG Commercial Properties e Participacoes SA 222,765 1,186
  Marcopolo SA Preference Shares 1,739,532 1,120
  AES Brasil Energia SA 487,601 1,084
  Randon SAImplementos E Participacoes Preference Shares 476,688 1,081
  JHSF Participacoes SA 885,200 1,072
  Lojas Quero Quero SA 548,800 1,048
* BK Brasil Operacao e Assessoria a Restaurantes SA 861,983 1,011
  CM Hospitalar SA 299,800 1,002
* Hospital Mater Dei SA 328,400 983
* Blau Farmaceutica SA 139,800 974
2 Meliuz SA 1,751,795 960
* Oncoclinicas do Brasil Servicos Medicos SA 439,200 897
* Hidrovias do Brasil SA 1,476,200 865
* Aeris Industria E Comercio De Equipamentos Para Geracao De Energia SA 669,100 813
* Sequoia Logistica E Transportes SA 273,600 786
* Petroreconcavo SA 201,400 774
* Multilaser Industrial SA 526,200 762
  Instituto Hermes Pardini SA 172,400 746
  BR Properties SA 546,406 745
  Enauta Participacoes SA 258,400 743
  Boa Vista Servicos SA 696,600 741
  Tupy SA 184,931 727
  Camil Alimentos SA 414,100 697
  MPM Corporeos SA 563,000 677
  Direcional Engenharia SA 206,894 536
  Wiz Solucoes e Corretagem de Seguros SA 340,900 527
2 Ser Educacional SA 232,598 507
* C&a Modas Ltda 375,000 465
  Even Construtora e Incorporadora SA 301,022 420
      99,195
Canada (15.3%)
  WSP Global Inc. 423,963 56,533
  First Quantum Minerals Ltd. 2,028,533 49,965
  Open Text Corp. 964,836 46,179
1 Emera Inc. 915,743 43,390
  Kirkland Lake Gold Ltd. 964,180 36,317
  Tourmaline Oil Corp. 1,014,565 36,172
1 Algonquin Power & Utilities Corp. 2,409,482 34,404
  West Fraser Timber Co. Ltd. 361,861 33,494
  TFI International Inc. 324,526 31,236
  Cameco Corp. 1,451,524 28,216
  ARC Resources Ltd. 2,395,016 28,055
  Gildan Activewear Inc. 703,654 28,010
  CCL Industries Inc. Class B 535,446 27,995
* CAE Inc. 1,076,854 27,193
  Canadian Apartment Properties REIT 613,312 26,976
  Kinross Gold Corp. 4,600,546 24,864
  Ritchie Bros Auctioneers Inc. 399,108 24,327
  Toromont Industries Ltd. 285,725 24,116
  iA Financial Corp. Inc. 370,112 24,082
  Northland Power Inc. 802,276 23,232
* Descartes Systems Group Inc. 316,066 22,995
  FirstService Corp. 135,621 21,625
  Stantec Inc. 403,773 21,419
  AltaGas Ltd. 988,553 20,305

    Shares Market
Value
($000)
  RioCan REIT 1,148,312 19,991
  Lundin Mining Corp. 2,365,632 19,708
  TMX Group Ltd. 190,779 19,407
  Onex Corp. 268,939 19,319
1 Keyera Corp. 817,714 19,241
  Empire Co. Ltd. Class A 589,116 18,177
* Ivanhoe Mines Ltd. Class A 2,069,729 17,731
  Granite REIT 221,361 16,801
  Colliers International Group Inc. 114,351 16,682
  Pan American Silver Corp. 764,425 16,544
  Finning International Inc. 591,370 16,488
  Element Fleet Management Corp. 1,574,625 16,042
  Brookfield Renewable Corp. Class A (XTSE) 468,071 16,014
  Allied Properties REIT 448,538 15,783
*,1 BlackBerry Ltd. 1,883,016 15,495
1 Brookfield Infrastructure Corp. Class A 230,863 15,312
* Aritzia Inc. 318,128 14,758
  Yamana Gold Inc. 3,573,237 14,758
  Parkland Corp. 554,780 14,752
*,2 Nuvei Corp. 239,878 14,619
  GFL Environmental Inc. 439,981 14,454
  SNC-Lavalin Group Inc. 648,585 14,302
* Lightspeed Commerce Inc. (XTSE) 439,506 14,266
  Quebecor Inc. Class B 601,828 14,232
  B2Gold Corp. 3,825,236 13,782
* MEG Energy Corp. 1,147,120 13,663
* Kinaxis Inc. 101,061 13,109
  CI Financial Corp. 703,725 13,060
  SSR Mining Inc. 781,191 12,863
  Crescent Point Energy Corp. 1,970,223 12,694
  Capital Power Corp. 401,281 12,463
  Boyd Group Services Inc. 78,856 11,923
  Premium Brands Holdings Corp. Class A 123,208 11,629
* Air Canada Class A 644,422 11,589
1 SmartCentres REIT 478,257 11,566
  First Capital REIT 824,230 11,516
* ATS Automation Tooling Systems Inc. 275,983 11,268
  BRP Inc. 133,378 11,085
  Enerplus Corp. 957,177 11,084
  H&R REIT 1,074,614 10,922
  Gibson Energy Inc. 554,569 10,671
  Methanex Corp. 228,470 10,394
* Bombardier Inc. Class B 7,805,915 10,378
  TransAlta Corp. 937,772 10,173
  Alamos Gold Inc. Class A 1,457,005 9,938
  Parex Resources Inc. 466,536 9,924
  Choice Properties REIT 866,519 9,891
  Primo Water Corp. 590,839 9,859
  PrairieSky Royalty Ltd. 757,262 9,746
*,1 Ballard Power Systems Inc. 924,579 9,645
* Pretium Resources Inc. 697,207 9,467
  Linamar Corp. 168,270 9,326
  Atco Ltd. Class I 267,346 9,006
* Vermilion Energy Inc. 570,960 8,884
  Canadian Western Bank 291,209 8,850
1 Cargojet Inc. 62,342 8,835
  Boralex Inc. Class A 317,299 8,250
1 First Majestic Silver Corp. 807,483 8,201

    Shares Market
Value
($000)
  Whitecap Resources Inc. 1,151,721 8,127
  Chartwell Retirement Residences 808,392 7,905
  Stella-Jones Inc. 245,095 7,684
1 Innergex Renewable Energy Inc. 506,626 7,433
  Osisko Gold Royalties Ltd. 652,862 7,211
1 Boardwalk REIT 159,966 7,040
1 Stelco Holdings Inc. 236,149 6,835
  Maple Leaf Foods Inc. 272,233 6,622
  Centerra Gold Inc. 810,624 6,543
* Turquoise Hill Resources Ltd. 364,952 6,391
  Superior Plus Corp. 616,312 6,264
  Russel Metals Inc. 246,144 6,142
  Cominar REIT 657,811 6,049
  Hudbay Minerals Inc. 835,735 6,003
* Novagold Resources Inc. 909,675 5,997
* Eldorado Gold Corp. 679,773 5,952
* Home Capital Group Inc. Class B 205,144 5,813
* Canada Goose Holdings Inc. 184,207 5,652
  Enghouse Systems Ltd. 157,769 5,558
  TransAlta Renewables Inc. 398,084 5,440
* Equinox Gold Corp. 918,068 5,265
  Laurentian Bank of Canada 150,213 5,228
* Canfor Corp. 224,280 5,096
  North West Co. Inc. 184,574 5,089
* Celestica Inc. 397,187 4,946
1 Transcontinental Inc. Class A 287,134 4,766
* IAMGOLD Corp. 1,826,395 4,454
  Artis REIT 458,527 4,383
  Dye & Durham Ltd. 144,059 4,166
* OceanaGold Corp. 2,640,210 4,071
  ECN Capital Corp. 910,628 3,825
  Cascades Inc. 372,647 3,729
1 Dream Office REIT 191,332 3,700
1 NFI Group Inc. 239,320 3,596
* Torex Gold Resources Inc. 336,616 3,300
1 Westshore Terminals Investment Corp. 144,114 3,060
  Mullen Group Ltd. 327,523 3,025
*,1 Aurora Cannabis Inc. 722,801 3,019
  Aecon Group Inc. 219,359 2,996
  Primaris REIT 267,892 2,986
  Winpak Ltd. 100,364 2,977
*,1 Cronos Group Inc. 718,907 2,664
  Martinrea International Inc. 322,686 2,660
  Cogeco Communications Inc. 31,908 2,619
1 First National Financial Corp. 59,325 2,045
  GFL Environmental Inc. (XTSE) 41,029 1,349
* Lightspeed Commerce Inc. 26,475 859
      1,728,164
Chile (0.1%)
  Aguas Andinas SA Class A 9,934,964 2,389
  SMU SA 15,323,080 1,806
  Vina Concha y Toro SA 1,097,238 1,756
  Engie Energia Chile SA 2,144,106 1,741
  Ripley Corp. SA 5,404,943 1,120
  Salfacorp SA 2,503,020 1,044
  Inversiones Aguas Metropolitanas SA 1,314,309 757

    Shares Market
Value
($000)
  Inversiones La Construccion SA 31,782 141
      10,754
China (5.0%)
* Chinasoft International Ltd. 8,350,304 8,356
* Daqo New Energy Corp. ADR 203,102 8,148
1 Xtep International Holdings Ltd. 4,309,879 7,740
  China Overseas Property Holdings Ltd. 5,080,000 5,900
*,1 JinkoSolar Holding Co. Ltd. ADR 130,632 5,765
*,1,2 Weimob Inc. 7,163,000 5,411
  Dongyue Group Ltd. 4,123,000 5,046
  China Yongda Automobiles Services Holdings Ltd. 3,777,500 4,833
* Canadian Solar Inc. 170,235 4,765
* Vnet Group Inc. ADR 447,181 4,436
  China Water Affairs Group Ltd. 3,781,600 4,422
  CIFI Ever Sunshine Services Group Ltd. 2,400,000 4,331
  China Grand Pharmaceutical and Healthcare Holdings Ltd. Class A 6,028,240 4,279
  Greentown Service Group Co. Ltd. 3,790,000 4,172
* Noah Holdings Ltd. ADR 131,748 4,136
*,1,2 Venus MedTech Hangzhou Inc. Class H 1,041,500 4,033
  China Suntien Green Energy Corp. Ltd. Class H 6,506,762 3,965
  Fu Shou Yuan International Group Ltd. 4,643,000 3,644
* Lifetech Scientific Corp. 8,656,058 3,592
* COFCO Meat Holdings Ltd. 8,449,000 3,483
  China Datang Corp Renewable Power Co. Ltd. Class H 8,521,000 3,458
*,1 Ausnutria Dairy Corp. Ltd. 2,701,000 3,424
  Yuexiu REIT 7,946,013 3,332
*,2 InnoCare Pharma Ltd. 2,235,000 3,309
  Xinyi Energy Holdings Ltd. 6,566,000 3,294
* Differ Group Holding Co. Ltd. 11,044,000 3,207
* Hollysys Automation Technologies Ltd. 240,201 3,173
  Sany Heavy Equipment International Holdings Co. Ltd. 2,969,000 3,113
  Digital China Holdings Ltd. 5,441,588 3,085
* Skyworth Group Ltd. 5,176,710 3,058
  CGN New Energy Holdings Co. Ltd. 4,016,720 3,045
  NetDragon Websoft Holdings Ltd. 1,179,590 2,977
*,1 Sihuan Pharmaceutical Holdings Group Ltd. 15,770,000 2,956
  Gemdale Properties & Investment Corp. Ltd. 26,418,000 2,950
* XD Inc. 778,200 2,942
  China Oriental Group Co. Ltd. 9,836,000 2,894
*,1,2 Alphamab Oncology 2,235,000 2,877
2 Genertec Universal Medical Group Co. Ltd. 3,892,309 2,820
* Shanghai Fudan Microelectronics Group Co. Ltd. Class H 1,044,000 2,807
  Tong Ren Tang Technologies Co. Ltd. Class H 2,938,516 2,757
*,2 China Logistics Property Holdings Co. Ltd. 4,861,000 2,747
1 Tianneng Power International Ltd. 2,646,468 2,730
*,2 Yidu Tech Inc. 1,442,800 2,705
*,1 Baozun Inc. Class A 652,470 2,702
  Hangzhou Steam Turbine Co. Ltd. Class B 1,348,470 2,644
*,2 Zhou Hei Ya International Holdings Co. Ltd. 3,753,000 2,637
1 CIMC Enric Holdings Ltd. 2,122,000 2,603
1 Zhenro Properties Group Ltd. 5,380,000 2,555
  China Risun Group Ltd. 4,654,000 2,544
  SSY Group Ltd. 5,623,324 2,500
  China Education Group Holdings Ltd. 2,839,000 2,485
  China Overseas Grand Oceans Group Ltd. 4,076,500 2,436
  C&D International Investment Group Ltd. 1,267,000 2,407
  China Zhenhua Group Science & Technology Co. Ltd. Class A 132,400 2,365
* Sohu.com Ltd. ADR 128,162 2,333

    Shares Market
Value
($000)
* Hainan Meilan International Airport Co. Ltd. Class H 861,000 2,294
* Fufeng Group Ltd. 6,223,864 2,281
  Hisense Home Appliances Group Co. Ltd. Class A 945,064 2,260
  Lonking Holdings Ltd. 7,737,313 2,257
* Shanxi Meijin Energy Co. Ltd. Class A 1,058,700 2,238
  FinVolution Group ADR 556,252 2,197
1 Tiangong International Co. Ltd. 4,388,000 2,178
  Guangdong Provincial Expressway Development Co. Ltd. Class B 2,785,994 2,154
*,2 Peijia Medical Ltd. 1,485,000 2,112
* Niu Technologies ADR 144,201 2,026
  China SCE Group Holdings Ltd. 8,823,000 1,971
  Ming Yang Smart Energy Group Ltd. Class A 482,200 1,964
  Greatview Aseptic Packaging Co. Ltd. 4,980,000 1,913
*,1 Canaan Inc. ADR 443,034 1,905
* HUYA Inc. ADR 287,184 1,901
  Zhongyu Gas Holdings Ltd. 1,795,000 1,871
  Poly Property Group Co. Ltd. 7,035,000 1,850
*,1 Yeahka Ltd. 612,000 1,828
*,1 EHang Holdings Ltd. ADR 113,098 1,787
  Tianjin Guangyu Development Co. Ltd. Class A 528,700 1,757
  PAX Global Technology Ltd. 2,416,062 1,750
1 Q Technology Group Co. Ltd. 1,597,000 1,737
  China BlueChemical Ltd. Class H 6,318,000 1,730
  Shanghai Jin Jiang Capital Co. Ltd. Class H 4,617,480 1,726
  YongXing Special Materials Technology Co. Ltd. Class A 89,500 1,719
* Youdao Inc. ADR 122,480 1,712
  Xiamen Faratronic Co. Ltd. Class A 54,400 1,694
1 Tian Lun Gas Holdings Ltd. 1,417,900 1,685
  Concord New Energy Group Ltd. 17,420,000 1,684
*,1 Comba Telecom Systems Holdings Ltd. 7,215,959 1,671
1 Zhuguang Holdings Group Co. Ltd. 7,576,000 1,637
2 Hope Education Group Co. Ltd. 12,692,000 1,637
* CMGE Technology Group Ltd. 4,203,200 1,635
  Suzhou TA&A Ultra Clean Technology Co. Ltd. Class A 152,400 1,609
* Chengxin Lithium Group Co. Ltd. Class A 223,100 1,599
  Ningbo Orient Wires & Cables Co. Ltd. Class A 168,600 1,579
2 Simcere Pharmaceutical Group Ltd. 1,586,000 1,565
  Jiangsu Jiangyin Rural Commercial Bank Co. Ltd. Class A 2,451,839 1,523
  Sichuan Expressway Co. Ltd. Class A 2,147,932 1,511
  Titan Wind Energy Suzhou Co. Ltd. Class A 473,200 1,501
* LexinFintech Holdings Ltd. ADR 416,110 1,490
  Beijing Easpring Material Technology Co. Ltd. Class A 107,400 1,473
*,1,2 Ascentage Pharma Group International 564,400 1,462
*,1,2 China Renaissance Holdings Ltd. 831,200 1,462
*,2 Meitu Inc. 7,261,000 1,440
  Sinopec Kantons Holdings Ltd. 3,697,962 1,413
  Shenzhen Kedali Industry Co. Ltd. Class A 57,100 1,410
  Rongsheng Petrochemical Co. Ltd. Class A 1,445,986 1,389
*,1 Ronshine China Holdings Ltd. 3,339,000 1,381
1,2 Midea Real Estate Holding Ltd. 931,600 1,376
  Apeloa Pharmaceutical Co. Ltd. Class A 307,700 1,370
  Longshine Technology Group Co. Ltd. Class A 260,650 1,366
  Shanghai Shyndec Pharmaceutical Co. Ltd. Class A 974,731 1,358
  Shanghai Tongji Science & Technology Industrial Co. Ltd. Class A 1,113,440 1,351
  Beijing United Information Technology Co. Ltd. 74,765 1,349
  Sailun Group Co. Ltd. Class A 729,694 1,339
  Hubei Xingfa Chemicals Group Co. Ltd. Class A 282,700 1,338
*,2 Mobvista Inc. 1,649,000 1,334

    Shares Market
Value
($000)
* Inner Mongolia Yuan Xing Energy Co. Ltd. Class A 965,000 1,326
*,1,2 Viva Biotech Holdings 2,869,500 1,317
  Eastern Communications Co. Ltd. Class A 812,500 1,309
  Sunflower Pharmaceutical Group Co. Ltd. Class A 582,671 1,271
  Guangxi Wuzhou Communications Co. Ltd. Class A 2,075,920 1,261
  Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd. Class A 48,300 1,247
* Huangshan Tourism Development Co. Ltd. Class B 1,661,215 1,218
  Zhuzhou Hongda Electronics Corp. Ltd. Class A 91,400 1,212
  Bafang Electric Suzhou Co. Ltd. Class A 37,300 1,208
  Chengdu Fusen Noble-House Industrial Co. Ltd. Class A 630,796 1,204
  Henan Shenhuo Coal & Power Co. Ltd. Class A 689,543 1,196
  China Minmetals Rare Earth Co. Ltd. Class A 245,100 1,193
  Shanghai Maling Aquarius Co. Ltd. Class A 1,009,600 1,182
  Western Region Gold Co. Ltd. Class A 636,667 1,181
  Bank of Chongqing Co. Ltd. Class H 1,977,843 1,170
  Yangzhou Yangjie Electronic Technology Co. Ltd. Class A 118,500 1,169
*,1 Kaisa Group Holdings Ltd. 10,325,268 1,168
  China Resources Medical Holdings Co. Ltd. 2,060,291 1,163
  Shoucheng Holdings Ltd. 6,295,246 1,158
  Yuexiu Transport Infrastructure Ltd. 1,902,000 1,153
  Bethel Automotive Safety Systems Co. Ltd. Class A 92,900 1,144
  Zhejiang HangKe Technology Inc. Co. Class A 82,385 1,139
*,1,2 CStone Pharmaceuticals 1,459,000 1,131
  Xiamen Kingdomway Group Co. Class A 257,833 1,130
* DouYu International Holdings Ltd. ADR 533,943 1,121
1,2 AK Medical Holdings Ltd. 1,590,000 1,119
*,2 Ocumension Therapeutics 762,000 1,118
1 China Modern Dairy Holdings Ltd. 6,552,000 1,116
1 Kangji Medical Holdings Ltd. 1,008,500 1,107
* China Dongxiang Group Co. Ltd. 13,285,000 1,106
  China Harmony New Energy Auto Holding Ltd. 1,992,500 1,099
  Hubei Feilihua Quartz Glass Co. Ltd. Class A 124,000 1,098
  Luoyang Xinqianglian Slewing Bearing Co. Ltd. Class A 40,400 1,083
* TCL Electronics Holdings Ltd. 2,102,122 1,070
*,1 Tongdao Liepin Group 441,200 1,069
  Shenzhen Senior Technology Material Co. Ltd. Class A 188,744 1,067
3 Tianli Education International Holdings Ltd. 4,353,000 1,066
* West China Cement Ltd. 6,223,200 1,048
2 China New Higher Education Group Ltd. 3,025,000 1,046
  JNBY Design Ltd. 707,500 1,046
  Beijing Bei Mo Gao Ke Friction Material Co. Ltd. Class A 76,210 1,046
  Hangzhou Chang Chuan Technology Co. Ltd. Class A 150,400 1,030
  Jiangsu Azure Corp. Class A 266,900 1,029
* Sichuan New Energy Power Co. Ltd. 316,500 1,022
  Goke Microelectronics Co. Ltd. Class A 44,700 1,019
1,2 Redco Properties Group Ltd. 2,958,000 1,018
  Beijing Cisri-Gaona Materials & Technology Co. Ltd. Class A 151,200 1,013
2 Archosaur Games Inc. 948,000 1,005
  Zibo Qixiang Tengda Chemical Co. Ltd. Class A 682,640 1,001
  Consun Pharmaceutical Group Ltd. 2,040,000 998
  Shanghai Wanye Enterprises Co. Ltd. Class A 252,100 997
  Chengtun Mining Group Co. Ltd. Class A 710,100 986
  Shanghai Chlor-Alkali Chemical Co. Ltd. Class B 1,477,800 984
* Burning Rock Biotech Ltd. ADR 109,093 982
* Youngy Co. Ltd. Class A 66,100 978
  Shenzhen Sunlord Electronics Co. Ltd. Class A 179,900 958
  State Grid Information & Communication Co. Ltd. Class A 303,100 951
  Zhejiang Cfmoto Power Co. Ltd. Class A 42,100 942

    Shares Market
Value
($000)
*,3 China Zhongwang Holdings Ltd. 4,366,000 941
  Wuhu Token Science Co. Ltd. Class A 576,810 941
*,1,2 Maoyan Entertainment 729,200 941
  Chacha Food Co. Ltd. Class A 107,900 932
  China Foods Ltd. 2,228,000 923
  SPIC Dongfang New Energy Corp. Class A 1,321,250 914
  Inner Mongolia Eerduosi Resources Co. Ltd. Class A 258,600 910
*,2 China Yuhua Education Corp. Ltd. 4,166,000 906
  Tofflon Science & Technology Group Co. Ltd. Class A 153,000 906
  Vats Liquor Chain Store Management JSC Ltd. 128,600 904
* China High Speed Transmission Equipment Group Co. Ltd. 1,296,300 902
  Shanghai Medicilon Inc. Class A 16,169 898
  Sichuan Yahua Industrial Group Co. Ltd. Class A 243,200 896
  Wuhan DR Laser Technology Corp. Ltd. Class A 23,400 891
  Haohua Chemical Science & Technology Co. Ltd. Class A (XSHG) 145,800 888
  Hangjin Technology Co. Ltd. Class A 164,300 882
  Hexing Electrical Co. Ltd. Class A 446,462 879
*,2 Kintor Pharmaceutical Ltd. 873,000 876
  China Shineway Pharmaceutical Group Ltd. 972,343 875
* Harbin Electric Co. Ltd. Class H 2,633,813 874
  Anhui Honglu Steel Construction Group Co. Ltd. Class A 111,900 873
  Shanghai Haohai Biological Technology Co. Ltd. Class A 52,608 871
* Jilin Electric Power Co. Ltd. Class A 711,864 858
  Zhejiang Orient Gene Biotech Co. Ltd. Class A 24,713 850
  Xi'an Triangle Defense Co. Ltd. Class A 121,600 844
  Hebei Hengshui Laobaigan Liquor Co. Ltd. Class A 229,900 844
*,1 Beijing Enterprises Clean Energy Group Ltd. 68,700,000 839
  Skyfame Realty Holdings Ltd. 7,724,000 833
* Roshow Technology Co. Ltd. Class A 423,400 833
*,2 Ascletis Pharma Inc. 1,632,000 830
  Quectel Wireless Solutions Co. Ltd. Class A 27,450 820
  Xinjiang Tianshan Cement Co. Ltd. Class A 374,500 816
  Sunresin New Materials Co. Ltd. Class A 54,000 815
  Milkyway Chemical Supply Chain Service Co. Ltd. Class A 40,200 813
  Anhui Jinhe Industrial Co. Ltd. Class A 125,400 812
  Red Avenue New Materials Group Co. Ltd. Class A 144,400 811
* Sinofert Holdings Ltd. 5,978,000 801
  Qingdao Haier Biomedical Co. Ltd. Class A 69,237 786
  Jiangsu Shuangxing Color Plastic New Materials Co. Ltd. Class A 206,600 784
  CNNC Hua Yuan Titanium Dioxide Co. Ltd. Class A 485,100 774
  Nantong Jianghai Capacitor Co. Ltd. Class A 203,500 773
  Hubei Dinglong Co. Ltd. Class A 234,000 773
  Jiangsu Guotai International Group Co. Ltd. Class A 427,100 767
* Sichuan Development Lomon Co. Ltd. Class A 432,800 767
  Sinomine Resource Group Co. Ltd. Class A 81,900 764
* Pengdu Agriculture & Animal Husbandry Co. Ltd. Class A 1,484,400 762
  Shandong Dongyue Organosilicon Material Co. Ltd. Class A 285,800 762
  Zhejiang Xinan Chemical Industrial Group Co. Ltd. Class A 221,300 761
  Arcsoft Corp. Ltd. Class A 125,620 760
* Hi Sun Technology China Ltd. 5,739,101 756
  Guangzhou Great Power Energy & Technology Co. Ltd. Class A 120,000 752
  Fire Rock Holdings Ltd. 7,890,000 752
  Risen Energy Co. Ltd. Class A 213,700 740
1,2 China Everbright Greentech Ltd. 2,160,000 733
  PharmaBlock Sciences Nanjing Inc. Class A 53,300 730
  Sichuan Shuangma Cement Co. Ltd. Class A 208,000 728
  Jiangsu Jiejie Microelectronics Co. Ltd. Class A 168,950 726
*,1,2 YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H 794,600 725

    Shares Market
Value
($000)
  Shenzhen Topband Co. Ltd. Class A 312,800 718
1 Zhongliang Holdings Group Co. Ltd. 1,509,000 709
  Xianhe Co. Ltd. Class A 127,300 706
* Genetron Holdings Ltd. ADR 168,946 703
* Guangdong Create Century Intelligent Equipment Group Corp. Ltd. Class A 370,000 703
  China Kepei Education Group Ltd. 2,184,000 703
* Zhongtian Financial Group Co. Ltd. Class A 1,790,700 701
* Southern Shuanglin Bio-pharmacy Co. Ltd. Class A 178,363 701
* Jiangsu Akcome Science & Technology Co. Ltd. Class A 1,202,200 699
  Victory Giant Technology Huizhou Co. Ltd. Class A 169,500 698
* Chifeng Jilong Gold Mining Co. Ltd. Class A 309,900 698
1 Yuzhou Group Holdings Co. Ltd. 8,625,391 697
  Grandblue Environment Co. Ltd. Class A 217,872 697
  Electric Connector Technology Co. Ltd. Class A 86,000 696
  Fangda Special Steel Technology Co. Ltd. Class A 571,392 696
  Wuhan Raycus Fiber Laser Technologies Co. Ltd. Class A 87,637 695
  Zhejiang Tianyu Pharmaceutical Co. Ltd. Class A 91,400 694
  Shenzhen Yinghe Technology Co. Ltd. Class A 168,025 690
  Zhejiang JIULI Hi-tech Metals Co. Ltd. Class A 255,700 688
  Shenzhen H&T Intelligent Control Co. Ltd. Class A 188,800 678
  Sinocare Inc. Class A 182,300 677
  Hisense Home Appliances Group Co. Ltd. Class H 515,173 675
  Qianhe Condiment and Food Co. Ltd. Class A 224,452 673
  Hainan Poly Pharm Co. Ltd. Class A 89,474 671
  Jiangsu Nata Opto-electronic Material Co. Ltd. Class A 101,600 670
  Central China Management Co. Ltd. 3,891,000 667
  Shenzhen Leaguer Co. Ltd. Class A 394,400 666
  QuakeSafe Technologies Co. Ltd. Class A 47,600 664
  Tianjin Capital Environmental Protection Group Co. Ltd. Class A 659,900 660
* Shandong Head Co. Ltd. Class A 80,800 656
1 Times Neighborhood Holdings Ltd. 1,662,000 653
*,2 Medlive Technology Co. Ltd. 402,000 653
  Infore Environment Technology Group Co. Ltd. Class A 671,165 648
  Sinofibers Technology Co. Ltd. Class A 85,800 647
  Shenzhen Changhong Technology Co. Ltd. Class A 127,700 645
  Keshun Waterproof Technologies Co. Ltd. Class A 253,700 644
  Fibocom Wireless Inc. Class A 89,951 642
  Anji Microelectronics Technology Shanghai Co. Ltd. Class A 18,012 639
  Zhejiang Jiecang Linear Motion Technology Co. Ltd. Class A 97,440 636
* Jiangsu Hoperun Software Co. Ltd. Class A 207,900 632
  Guangdong Hongda Blasting Co. Ltd. Class A 152,100 631
  Chaowei Power Holdings Ltd. 2,219,563 630
* Dazhong Transportation Group Co. Ltd. Class B 2,162,435 628
  Xingda International Holdings Ltd. 2,854,000 627
  CPMC Holdings Ltd. 1,094,000 627
  Shenzhen Fastprint Circuit Tech Co. Ltd. Class A 330,300 626
* Beijing Jingyuntong Technology Co. Ltd. Class A 488,300 625
  Chengdu Kanghua Biological Products Co. Ltd. Class A 17,400 624
  Sino Wealth Electronic Ltd. Class A 71,572 622
  COFCO Biotechnology Co. Ltd. Class A 397,500 612
  China Lilang Ltd. 1,060,000 603
  Tianjin ZhongXin Pharmaceutical Group Corp. Ltd. Class A 148,500 601
  Telling Telecommunication Holding Co. Ltd. Class A 275,400 596
  Yantai Tayho Advanced Materials Co. Ltd. Class A 201,900 591
* Zhejiang Jinke Tom Culture Industry Co. Ltd. Class A 776,000 589
  CNHTC Jinan Truck Co. Ltd. Class A 270,660 589
* Beijing BDStar Navigation Co. Ltd. Class A 107,100 586

    Shares Market
Value
($000)
  Sanquan Food Co. Ltd. Class A 233,200 586
* C&D Property Management Group Co. Ltd. 1,069,000 585
  Shanghai Belling Co. Ltd. Class A 176,800 584
  Shanghai Zijiang Enterprise Group Co. Ltd. Class A 539,300 584
* Bohai Leasing Co. Ltd. Class A 1,376,000 581
  Shanghai Liangxin Electrical Co. Ltd. Class A 233,240 581
  Anhui Truchum Advanced Materials & Technology Co. Ltd. Class A 354,600 580
* Gree Real Estate Co. Ltd. Class A 605,435 580
  Shanghai Weaver Network Co. Ltd. Class A 51,188 577
  B-Soft Co. Ltd. Class A 388,230 572
  First Tractor Co. Ltd. Class A 287,300 572
  Riyue Heavy Industry Co. Ltd. Class A 129,000 570
  CTS International Logistics Corp. Ltd. Class A 291,080 568
*,1 BEST Inc. ADR 656,204 562
  Nanjing Yunhai Special Metals Co. Ltd. Class A 189,500 562
  Kehua Data Co. Ltd. Class A 113,000 557
*,1 LVGEM China Real Estate Investment Co. Ltd. 2,932,000 553
  MLS Co. Ltd. Class A 266,400 552
  China Publishing & Media Co. Ltd. Class A 671,805 552
  Wuhan Jingce Electronic Group Co. Ltd. Class A 63,992 547
  Shanghai Fullhan Microelectronics Co. Ltd. Class A 28,800 546
* Chengzhi Co. Ltd. Class A 262,300 540
  Eoptolink Technology Inc. Ltd Class A 96,821 536
  Bank of Chongqing Co. Ltd. Class A 394,349 536
  China Automotive Engineering Research Institute Co. Ltd. Class A 209,200 529
  China South City Holdings Ltd. 6,600,000 527
  Jinneng Science&Technology Co. Ltd. Class A 234,000 521
  Qingling Motors Co. Ltd. Class H 2,606,929 519
  Riyue Heavy Industry Co. Ltd. Class A (XSHG) 116,900 516
  GCI Science & Technology Co. Ltd. Class A 157,500 515
  Shanghai Hanbell Precise Machinery Co. Ltd. Class A 142,500 515
  China Express Airlines Co. Ltd. Class A 247,800 510
  Lushang Health Industry Development Co. Ltd. Class A 294,800 508
*,2 Koolearn Technology Holding Ltd. 941,500 507
  Xiamen Xiangyu Co. Ltd. Class A (XSHG) 399,900 505
  Shenzhen Desay Battery Technology Co. Class A 66,035 505
*,1 Beijing Chunlizhengda Medical Instruments Co. Ltd. Class H 330,000 501
  Foran Energy Group Co. Ltd. Class A 309,910 501
  FAWER Automotive Parts Co. Ltd. Class A 500,400 497
  Sai Micro Electronics Inc. Class A 147,500 496
  Yotrio Group Co. Ltd. Class A 979,300 494
  Zhejiang Starry Pharmaceutical Co. Ltd. Class A 58,500 493
1,2 Shanghai Haohai Biological Technology Co. Ltd. Class H 83,300 492
* Inner Mongolia Xingye Mining Co. Ltd. Class A 403,700 492
  Shandong Jincheng Pharmaceutical Group Co. Ltd. Class A 103,300 489
1,2 Cathay Media And Education Group Inc. 2,027,000 487
* China Tungsten And Hightech Materials Co. Ltd. Class A 232,400 484
  Beijing GeoEnviron Engineering & Technology Inc. Class A 189,540 483
* Sumavision Technologies Co. Ltd. Class A 393,700 482
  Lier Chemical Co. Ltd. Class A 105,200 479
  Hainan Strait Shipping Co. Ltd. Class A 532,050 478
  Zhende Medical Co. Ltd. Class A 72,925 477
* China Maple Leaf Educational Systems Ltd. 7,608,000 475
*,1,2 Yixin Group Ltd. 2,899,500 471
  Hangcha Group Co. Ltd. Class A 186,900 470
  Beijing Tongtech Co. Ltd. Class A 107,460 469
  Wellhope Foods Co. Ltd. Class A 274,400 467
  Hunan Aihua Group Co. Ltd. Class A 86,843 466

    Shares Market
Value
($000)
  IKD Co. Ltd. Class A 158,100 463
* Chongqing Iron & Steel Co. Ltd. Class A 1,457,567 459
  Shanghai Industrial Urban Development Group Ltd. 4,728,000 457
  Yusys Technologies Co. Ltd. Class A 122,080 456
  Shanghai Haixin Group Co. Class B 1,321,500 454
  Chengdu Wintrue Holding Co. Ltd. Class A 234,900 454
1 Perennial Energy Holdings Ltd. 2,080,000 454
  Yantai Zhenghai Magnetic Material Co. Ltd. Class A 204,100 453
  Xinyu Iron & Steel Co. Ltd. Class A 511,863 452
* China Aluminum International Engineering Corp. Ltd. Class A 591,800 451
  Shandong Hi-Speed Road & Bridge Co. Ltd. Class A 341,400 451
  Guangdong Dowstone Technology Co. Ltd. Class A 143,400 451
  Shenzhen Kstar Science And Technology Co. Ltd. Class A 133,100 450
  Wuxi Taiji Industry Co. Ltd. Class A 389,800 450
  Suzhou TFC Optical Communication Co. Ltd. Class A 83,780 449
  Winall Hi-Tech Seed Co. Ltd. Class A 115,500 449
  SGIS Songshan Co. Ltd. Class A 637,100 446
  First Tractor Co. Ltd. Class H 912,954 445
  Cangzhou Mingzhu Plastic Co. Ltd. Class A 435,980 444
  Wuxi Boton Technology Co. Ltd. Class A 133,700 443
  Shandong Bohui Paper Industrial Co. Ltd. Class A 310,200 443
  Shanghai Pret Composites Co. Ltd. Class A 186,864 441
  Greenland Hong Kong Holdings Ltd. 2,228,000 439
  PCI Technology Group Co. Ltd. Class A 324,200 439
  Hebei Chengde Lolo Co. Class A 301,760 437
  BrightGene Bio-Medical Technology Co. Ltd. Class A 92,017 435
  Mayinglong Pharmaceutical Group Co. Ltd. Class A 126,500 433
  Hangzhou Boiler Group Co. Ltd. Class A 97,700 431
  Jiangsu Shagang Co. Ltd. Class A 480,000 427
  Hangzhou Dptech Technologies Co. Ltd. Class A 73,667 427
  COFCO Capital Holdings Co. Ltd. Class A 338,800 427
* Sonoscape Medical Corp. Class A 95,500 426
  Shenzhen Megmeet Electrical Co. Ltd. Class A 90,200 426
  Lancy Co. Ltd. Class A 104,400 419
  Guangzhou Restaurant Group Co. Ltd. Class A 117,260 415
  Tongyu Heavy Industry Co. Ltd. Class A 811,500 415
  Amoy Diagnostics Co. Ltd. Class A 45,400 413
  Wasu Media Holding Co. Ltd. Class A 342,139 413
  Shanghai Chinafortune Co. Ltd. Class A 212,600 413
* Guangzhou GRG Metrology & Test Co. Ltd. Class A 112,100 413
  Xinjiang Xintai Natural Gas Co. Ltd. Class A 113,700 412
  Longhua Technology Group Luoyang Co. Ltd. Class A 281,200 404
  Shanxi Coking Co. Ltd. Class A (XSHG) 487,227 403
  CETC Digital Technology Co. Ltd. Class A 77,500 403
  Three's Co. Media Group Co. Ltd. Class A 13,500 402
  Renhe Pharmacy Co. Ltd. Class A 346,200 400
  Chongqing Sanfeng Environment Group Corp. Ltd. Class A 295,100 398
* Guangdong Tapai Group Co. Ltd. Class A 247,328 397
  Accelink Technologies Co. Ltd. Class A 125,000 397
  Anhui Genuine New Materials Co. Ltd. Class A 111,227 397
  Chengdu Leejun Industrial Co. Ltd. Class A 253,100 397
  Yijiahe Technology Co. Ltd. Class A 39,200 396
  Beijing SuperMap Software Co. Ltd. Class A 106,000 393
  Tech-Bank Food Co. Ltd. Class A 401,497 393
  Guocheng Mining Co. Ltd. Class A 200,975 391
* Chengdu CORPRO Technology Co. Ltd. Class A 138,400 391
  Sino-Platinum Metals Co. Ltd. Class A 105,430 388
  PhiChem Corp. Class A 105,500 386

    Shares Market
Value
($000)
  Jinhui Liquor Co. Ltd. Class A 77,400 383
* Shanghai Fudan Microelectronics Group Co. Ltd.Class A 61,447 382
* China Tianying Inc. Class A 469,700 381
* Tongda Group Holdings Ltd. 14,533,519 380
  Shenzhen World Union Group Inc. Class A 679,900 379
  Beijing Strong Biotechnologies Inc. Class A 138,200 379
* Zhejiang Jiemei Electronic & Technology Co. Ltd. Class A 72,733 377
* Shenzhen Microgate Technology Co. Ltd. Class A 200,900 377
  Fujian Star-net Communication Co. Ltd. Class A 108,000 375
  Shanxi Blue Flame Holding Co. Ltd. Class A 291,800 375
  ChemPartner PharmaTech Co. Ltd. Class A 204,900 374
  Jiangsu Provincial Agricultural Reclamation and Development Corp. 223,100 374
  Client Service International Inc. Class A 117,300 373
  Shenzhen FRD Science & Technology Co. Ltd. 114,643 372
  YanTai Shuangta Food Co. Ltd. Class A 301,100 369
  Hangzhou Onechance Tech Corp. Class A 54,300 368
  Jiangxi Lianchuang Optoelectronic Science & Technology Co. Ltd. Class A 94,600 367
  Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. Class H 735,000 363
  Ningbo Huaxiang Electronic Co. Ltd. Class A 116,000 363
  Yantai Dongcheng Pharmaceutical Co. Ltd. Class A 167,500 361
  Jiangsu Nhwa Pharmaceutical Co. Ltd. Class A 167,000 361
  Biem.L.Fdlkk Garment Co. Ltd. Class A 94,880 360
  E-House China Enterprise Holdings Ltd. 1,532,400 359
  Yankershop Food Co. Ltd. Class A 34,500 359
* Genimous Technology Co. Ltd. Class A 339,100 358
  Anhui Huilong Agricultural Means of Production Co. Ltd. Class A 197,900 358
  Shanghai Sinyang Semiconductor Materials Co. Ltd. Class A 61,600 357
1 Beijing North Star Co. Ltd. Class H 2,368,000 356
  Suzhou Good-Ark Electronics Co. Ltd. Class A 199,000 356
  Wondershare Technology Group Co. Ltd. Class A 54,700 356
  Tibet Rhodiola Pharmaceutical Holding Co. Class A 54,500 356
* Hunan TV & Broadcast Intermediary Co. Ltd. Class A 388,828 354
* China Merchants Land Ltd. 3,394,000 354
  CGN Nuclear Technology Development Co. Ltd. Class A 252,324 352
  Zhejiang Narada Power Source Co. Ltd. Class A 199,900 348
  INESA Intelligent Tech Inc. Class B 769,006 347
* YaGuang Technology Group Co. Ltd. Class A 274,900 347
  Grinm Advanced Materials Co. Ltd. Class A 156,900 347
* Talkweb Information System Co. Ltd. Class A 313,800 346
* Sichuan Haite High-tech Co. Ltd. Class A 190,200 344
  Shenyang Xingqi Pharmaceutical Co. Ltd. Class A 21,700 344
  Luoxin Pharmaceuticals Group Stock Co. Ltd. Class A 238,200 341
  Archermind Technology Nanjing Co. Ltd. Class A 38,100 340
  Zhejiang Orient Financial Holdings Group Co. Ltd. Class A 534,305 337
  IReader Technology Co. Ltd. Class A 112,300 335
  Shenzhen Tagen Group Co. Ltd. Class A 346,200 334
  CSSC Science & Technology Co. Ltd. Class A 136,700 331
  Sinosteel Engineering & Technology Co. Ltd. Class A 268,300 330
  Shanghai Jin Jiang Online Network Service Co. Ltd. Class B 530,394 328
* Innuovo Technology Co. Ltd. Class A 308,700 328
  Shanghai AtHub Co. Ltd. Class A 60,200 327
  YGSOFT Inc. Class A 241,308 326
* Hongli Zhihui Group Co. Ltd. Class A 162,300 323
* Visionox Technology Inc. Class A 252,200 320
  DeHua TB New Decoration Materials Co. Ltd. Class A 170,900 320
  Guangdong Great River Smarter Logistics Co. Ltd. Class A 95,700 319
  Shenzhen Suntak Circuit Technology Co. Ltd. Class A 150,700 318

    Shares Market
Value
($000)
  Chow Tai Seng Jewellery Co. Ltd. Class A 116,250 318
* Shengda Resources Co. Ltd. Class A 162,000 315
  Wuhan Department Store Group Co. Ltd. Class A 183,605 313
  Guizhou Gas Group Corp. Ltd. Class A 216,700 311
* Orient Group Inc. Class A 685,200 311
  Shenzhen Sunline Tech Co. Ltd. Class A 133,900 308
* Hainan Development Holdings Nanhai Co. Ltd. Class A 176,900 308
  Goldenmax International Technology Ltd. Class A 166,100 307
* Henan Yuneng Holdings Co. Ltd. Class A 322,700 304
  Dongjiang Environmental Co. Ltd. Class A 279,800 303
* Aotecar New Energy Technology Co. Ltd. Class A 579,100 303
  Konfoong Materials International Co. Ltd. Class A 36,700 302
  Zhejiang Xianju Pharmaceutical Co. Ltd. Class A 169,500 301
  Shaanxi Construction Machinery Co. Ltd. Class A 184,500 299
  Shenzhen Properties & Resources Development Group Ltd. Class A 173,000 299
* CSG Smart Science&Technology Co. Ltd. Class A 181,900 297
  Zhejiang Jingxin Pharmaceutical Co. Ltd. Class A 228,040 296
  Beijing VRV Software Corp. Ltd. Class A 348,300 295
  Xiamen Jihong Technology Co. Ltd. Class A 101,000 295
  Beijing Aosaikang Pharmaceutical Co. Ltd. Class A 169,403 293
  Beijing Ctrowell Technology Corp. Ltd. Class A 181,800 289
* China Fangda Group Co. Ltd. Class B 890,200 288
  Better Life Commercial Chain Share Co. Ltd. Class A 277,800 288
  Digital China Group Co. Ltd. Class A 121,000 288
  Yonggao Co. Ltd. Class A 348,100 287
* So-Young International Inc. ADR 119,364 286
  Gansu Shangfeng Cement Co. Ltd. Class A 91,600 286
  Shandong Longda Meat Foodstuff Co. Ltd. Class A 203,600 286
  Guangdong Aofei Data Technology Co. Ltd. Class A 83,700 284
* Luoniushan Co. Ltd. Class A 268,600 283
  Zhejiang Meida Industrial Co. Ltd. Class A 107,000 283
  Beijing North Star Co. Ltd. Class A 700,400 282
  Jiangxi Wannianqing Cement Co. Ltd. Class A 147,600 281
  DBG Technology Co. Ltd. Class A 143,060 281
* Shandong Yisheng Livestock & Poultry Breeding Co. Ltd. Class A 181,610 280
  Zhejiang Communications Technology Co. Ltd. 320,300 280
  Zhongfu Information Inc. Class A 50,100 279
* Guangdong Advertising Group Co. Ltd. Class A 383,500 279
  Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd. Class A 261,700 279
  Guangdong Hybribio Biotech Co. Ltd. Class A 64,572 279
  Advanced Technology & Materials Co. Ltd. Class A 200,000 278
* Xi'an Tian He Defense Technology Co. Ltd. Class A 138,300 278
  Shenzhen Ysstech Info-tech Co. Ltd. Class A 132,800 277
  Qingdao Eastsoft Communication Technology Co. Ltd. Class A 114,600 277
* Bestway Marine & Energy Technology Co. Ltd. Class A 390,400 277
  Beibuwan Port Co. Ltd. Class A 223,699 275
  Beijing Thunisoft Corp. Ltd. Class A 149,100 274
  Edifier Technology Co. Ltd. Class A 160,900 274
  Konka Group Co. Ltd. Class A 295,400 273
  EIT Environmental Development Group Co. Ltd. Class A 60,896 272
  Xinjiang Communications Construction Group Co. Ltd. Class A 150,600 270
  Sunward Intelligent Equipment Co. Ltd. Class A 200,700 269
  Monalisa Group Co. Ltd. Class A 70,100 269
* Anhui Tatfook Technology Co. Ltd. Class A 166,884 269
* China CAMC Engineering Co. Ltd. Class A 241,200 268
  Shanghai Yaoji Technology Co. Ltd. Class A 73,800 267
  Jiuzhitang Co. Ltd. Class A 188,800 267
  Beijing Compass Technology Development Co. Ltd. Class A 44,400 267

    Shares Market
Value
($000)
  Guangdong Zhongsheng Pharmaceutical Co. Ltd. Class A 172,900 266
* Fantasia Holdings Group Co. Ltd. 6,546,000 265
  Shenzhen Laibao Hi-tech Co. Ltd. Class A 166,400 265
  Shenzhen Woer Heat-Shrinkable Material Co. Ltd. Class A 239,600 264
* Yunnan Lincang Xinyuan Germanium Industrial Co. Ltd. Class A 131,300 262
  Haohua Chemical Science & Technology Co. Ltd. Class A 42,686 260
* INKON Life Technology Co. Ltd. Class A 141,100 258
* Beijing Bohui Innovation Biotechnology Group Co. Ltd. Class A 203,900 255
* Beijing Watertek Information Technology Co. Ltd. Class A 440,600 254
* Tus Environmental Science And Technology Development Co. Ltd. Class A 391,700 254
  Xiamen Comfort Science & Technology Group Co. Ltd. Class A 140,800 253
  ZheJiang Dali Technology Co. Ltd. Class A 100,920 249
  Changchun Faway Automobile Components Co. Ltd. Class A 148,560 249
  Shanghai Kelai Mechatronics Engineering Co. Ltd. Class A 57,100 249
  Xinhuanet Co. Ltd. Class A 84,900 248
  Tianjin Teda Co. Ltd. Class A 386,700 247
  Hangxiao Steel Structure Co. Ltd. Class A 390,200 245
  Black Peony Group Co. Ltd. Class A 228,740 245
* Beijing Orient Landscape & Environment Co. Ltd. Class A 568,600 244
* China High Speed Railway Technology Co. Ltd. Class A 610,400 244
* HyUnion Holding Co. Ltd. Class A 198,900 244
  Realcan Pharmaceutical Group Co. Ltd. Class A 399,800 239
  Zhejiang Wanma Co. Ltd. Class A 201,800 239
  China Harzone Industry Corp. Ltd. Class A 174,200 239
  Inner Mongolia M-Grass Ecology And Enviroment Group Co. Ltd. Class A 323,600 239
* Shenzhen Center Power Tech Co. Ltd. Class A 85,800 236
  Zhuhai Bojay Electronics Co. Ltd. Class A 27,100 236
  Jiangxi Huangshanghuang Group Food Co. Ltd. Class A 115,700 234
  CQ Pharmaceutical Holding Co. Ltd. Class A 310,300 232
  Eastern Communications Co. Ltd. Class B 497,550 231
  Huafu Fashion Co. Ltd. Class A 316,500 231
  Shanghai Ganglian E-Commerce Holdings Co. Ltd. Class A 35,340 230
* Huafon Microfibre Shanghai Technology Co. Ltd. Class T 313,743 229
* Zhejiang Qianjiang Motorcycle Co. Ltd. Class A 109,500 229
  Unilumin Group Co. Ltd. Class A 182,800 228
  Guangdong Huatie Tongda High-speed Railway Equipment Corp. Class A 291,200 227
* Guangdong Dongfang Precision Science & Technology Co. Ltd. Class A 277,500 226
  Anhui Construction Engineering Group Co. Ltd. Class A 313,200 226
  City Development Environment Co. Ltd. Class A 139,720 226
  Gansu Qilianshan Cement Group Co. Ltd. Class A 142,500 224
  Tangrenshen Group Co. Ltd. Class A 171,600 222
* Kunshan Kersen Science & Technology Co. Ltd. Class A 131,900 220
* Aerospace Hi-Tech Holdings Group Ltd. Class A 147,897 218
* Zhejiang Jingu Co. Ltd. Class A 185,200 217
  Jiangsu Changshu Rural Commercial Bank Co. Ltd. Class A 185,500 217
  Shanghai Kinetic Medical Co. Ltd. Class A 150,248 217
  CITIC Press Corp. Class A 51,600 217
  Edan Instruments Inc. Class A 122,400 216
  Shenzhen Das Intellitech Co. Ltd. Class A 350,600 215
  Guangdong Topstar Technology Co. Ltd. Class A 100,620 215
  Chongqing Zongshen Power Machinery Co. Ltd. Class A 211,800 214
  Hangzhou Haoyue Personal Care Co. Ltd. Class A 26,894 214
  KPC Pharmaceuticals Inc. Class A 141,300 212
  Hwa Create Co. Ltd. Class A 139,200 210
  Chongqing Zaisheng Technology Corp. Ltd. Class A 130,700 209
  5I5J Holding Group Co. Ltd. Class A 434,300 207

    Shares Market
Value
($000)
  Hand Enterprise Solutions Co. Ltd. Class A 160,100 205
  Feitian Technologies Co. Ltd. Class A 80,800 204
  Bear Electric Appliance Co. Ltd. Class A 25,700 204
  Zhejiang Garden Bio-Chemical High-tech Co. Ltd. Class A 96,600 202
  Dare Power Dekor Home Co. Ltd. Class A 101,400 198
  Kunming Yunnei Power Co. Ltd. Class A 364,400 196
  Streamax Technology Co. Ltd. Class A 33,800 193
  Guangzhou Shangpin Home Collection Co. Ltd. Class A 32,700 192
  Hangzhou Electronic Soul Network Technology Co. Ltd. Class A 48,400 192
  Hunan Er-Kang Pharmaceutical Co. Ltd. Class A 308,200 190
  Shanghai Kehua Bio-Engineering Co. Ltd. Class A 92,900 188
  Chongqing Dima Industry Co. Ltd. Class A 498,300 188
* Shenzhen Jieshun Science And Technology Industry Co. Ltd. Class A 115,900 183
  Wuhan Fingu Electronic Technology Co. Ltd. Class A 125,160 180
* Markor International Home Furnishings Co. Ltd. Class A 328,810 180
* Zhuhai Orbita Aerospace Science & Technology Co. Ltd. Class A 129,300 178
  Xiamen Xiangyu Co. Ltd. Class A 140,100 177
  Shanghai Runda Medical Technology Co. Ltd. Class A 98,600 176
  Chengdu Hongqi Chain Co. Ltd. Class A 222,600 174
* Chongyi Zhangyuan Tungsten Industry Co. Ltd. Class A 146,200 174
  JSTI Group Class A 176,900 173
* Berry Genomics Co. Ltd. Class A 67,900 172
  Henan Yuguang Gold & Lead Co. Ltd. Class A 199,800 171
  Guomai Technologies Inc. Class A 182,500 169
  Shenzhen Gongjin Electronics Co. Ltd. Class A 126,600 168
* Canny Elevator Co. Ltd. Class A 145,500 168
  Changzhou Tronly New Electronic Materials Co. Ltd. Class A 94,100 165
* Shandong Dawn Polymer Co. Ltd. Class A 73,500 163
  Beken Corp. Class A 22,300 161
  Tibet Tianlu Co. Ltd. Class A 164,500 159
* Colour Life Services Group Co. Ltd. 1,283,000 158
  Jiangsu Lihua Animal Husbandry Stock Co. Ltd. Class A 27,800 155
  Shenzhen Anche Technologies Co. Ltd. Class A 38,200 155
  Fujian Green Pine Co. Ltd. Class A 114,900 154
  Shenzhen Comix Group Co. Ltd. Class A 134,500 151
  Weihai Guangtai Airport Equipment Co. Ltd. Class A 87,400 150
  Jiangsu Huaxicun Co. Ltd. Class A 159,800 146
  China Publishing & Media Co. Ltd. Class A (XSHG) 178,100 146
  Vatti Corp. Ltd. Class A 157,100 145
* Chongqing Iron & Steel Co. Ltd. Class H 903,500 144
* Shenzhen SDG Information Co. Ltd. Class A 149,300 144
  Shenzhen Sinovatio Technology Co. Ltd. Class A 31,987 141
  Fujian Longma Environmental Sanitation Equipment Co. Ltd. Class A 70,880 140
  Shanxi Coking Co. Ltd. Class A 165,100 136
  Shandong Xinhua Pharmaceutical Co. Ltd. Class A 82,700 115
*,3 Boshiwa International Ltd. 469,000 101
  Fujian Cement Inc. Class A 87,200 99
  COFCO Capital Holdings Co. Ltd. Class A (XSHE) 74,500 94
  Tianjin Capital Environmental Protection Group Co. Ltd. Class H 158,000 76
*,3 China Lumena New Materials Corp. 98,750 63
*,1,3 China Fishery Group Ltd. 1,088,512 61
* Wisdom Education International Holdings Co. Ltd. 862,000 58
  Guangxi Wuzhou Communications Co. Ltd. Class A (XSHG) 92,560 56
  Beken Corp. 5,400 39
  Hebei Huijin Group Co. Ltd. Class A 25,900 38
*,3 Real Gold Mining Ltd. 239,476 26
  Hebei Construction Group Corp. Ltd. Class H 121,000 22
  Chongqing Zaisheng Technology Corp. Ltd. Class A (XSSC) 9,800 16

    Shares Market
Value
($000)
*,1,3 Midas Holdings Ltd. 2,619,447
*,3 China High Precision Automation Group Ltd. 401,000
*,3 China Animal Healthcare Ltd. 1,003,918
      562,299
Colombia (0.0%)
* Banco Davivienda SA Preference Shares 336,203 2,836
Czech Republic (0.0%)
  Philip Morris CR A/S 1,162 885
Denmark (1.2%)
  Ringkjoebing Landbobank A/S 107,022 14,088
* ISS A/S 645,652 12,164
* Jyske Bank A/S (Registered) 205,123 12,082
* ALK-Abello A/S 24,362 10,287
2 Netcompany Group A/S 127,131 9,340
  Topdanmark A/S 153,158 8,760
  Sydbank A/S 225,998 7,977
* Bavarian Nordic A/S 255,388 7,517
* NKT A/S 167,503 7,052
  FLSmidth & Co. A/S 192,446 6,487
  Alm Brand A/S 2,976,945 5,644
* Dfds A/S 108,636 5,303
2 Scandinavian Tobacco Group A/S Class A 243,151 5,242
  Spar Nord Bank A/S 317,066 4,560
  Schouw & Co. A/S 46,374 3,922
  Chemometec A/S 35,545 3,685
* Nilfisk Holding A/S 92,821 3,270
* Zealand Pharma A/S 167,631 3,266
* NTG Nordic Transport Group A/S Class A 48,750 3,246
* Drilling Co. of 1972 A/S 82,268 3,209
  D/S Norden A/S 89,856 2,045
      139,146
Egypt (0.1%)
* Egyptian Financial Group-Hermes Holding Co. 2,604,238 2,444
  Talaat Moustafa Group 2,959,729 1,756
  Medinet Nasr Housing 5,660,775 1,027
  Palm Hills Developments SAE 3,865,476 432
  Oriental Weavers 692,082 373
* Pioneers Properties 2,012,595 313
* Gadwa for Industrial Development 3,137,925 183
* Aspire Capital Holding for Financial Investments 8,465,194 149
  Six of October Development & Investment 54,246 50
      6,727
Finland (0.8%)
* Konecranes OYJ Class A 273,234 10,991
  Cargotec OYJ Class B 187,001 9,336
  TietoEVRY OYJ (XHEL) 308,413 9,177
* QT Group OYJ 71,062 8,249
* Outokumpu OYJ 1,187,970 7,697
  Metsa Board OYJ 663,247 7,150
  Neles OYJ 381,830 5,367
  Kemira OYJ 358,540 5,270
  Uponor OYJ 212,051 4,705
  Sanoma OYJ 307,274 4,641
  Revenio Group OYJ 83,075 4,337
  YIT OYJ 622,106 3,090
  Tokmanni Group Corp. 140,246 2,935

    Shares Market
Value
($000)
1 Citycon OYJ 317,697 2,543
2 Terveystalo OYJ 193,634 2,528
  TietoEVRY OYJ 56,975 1,703
*,1 Finnair OYJ 1,948,469 1,442
  Raisio OYJ Class V 365,419 1,321
  F-Secure OYJ 260,874 1,284
  Oriola OYJ Class B 332,211 817
*,3 Ahlstrom-Munksjo OYJ Rights 29,401 589
      95,172
France (2.3%)
  Alten SA 107,296 17,501
* Elis SA (XPAR) 831,160 15,183
  SPIE SA 478,244 11,093
  SES SA Class A GDR 1,441,300 11,089
  Nexans SA 116,086 10,490
  Sopra Steria Group SACA 54,440 9,571
  Gaztransport Et Technigaz SA 95,588 8,769
  Eutelsat Communications SA 691,294 8,572
2 Verallia SA 258,206 8,099
* Technip Energies NV 512,502 7,842
  Nexity SA 171,408 7,177
  IPSOS 155,976 7,127
  Virbac SA 16,178 6,508
* Trigano SA 32,235 6,107
  Societe BIC SA 94,760 5,396
* Coface SA 387,198 5,123
  Korian SA 232,375 5,094
  Metropole Television SA 256,877 5,012
* Vallourec SA 561,731 4,997
*,1 Air France-KLM 1,100,732 4,981
  Television Francaise 1 471,969 4,511
  Interparfums SA 55,119 4,188
  Fnac Darty SA 69,648 4,134
* Lagardere SA 151,458 4,123
  Somfy SA 22,228 4,093
*,1 Casino Guichard Perrachon SA 179,288 3,966
2 Maisons du Monde SA 170,458 3,892
  Rothschild & Co. 86,475 3,752
  Mercialys SA 321,765 3,567
* Derichebourg SA 280,856 3,532
* Eramet SA 29,388 3,046
  Quadient SA 141,944 2,901
* ID Logistics Group 7,807 2,835
  Vicat SA 65,635 2,720
*,1 Solutions 30 SE 300,203 2,369
  Carmila SA 139,892 2,327
*,2 Elior Group SA 370,269 2,233
* Albioma SA Loyalty Shares 55,888 2,183
  Altarea SCA 11,702 2,086
* CGG SA 2,455,915 2,044
* Akka Technologies 37,243 2,035
* Beneteau SA 116,406 1,941
  PEUGEOT Investment 13,857 1,863
  Mersen SA 44,403 1,852
  Robertet SA 1,830 1,795
  Cie de L'Odet SE 1,204 1,697
* Voltalia SA (Registered) 85,388 1,577
*,2 X-Fab Silicon Foundries SE 147,006 1,434

    Shares Market
Value
($000)
  Albioma SA (XPAR) 34,928 1,365
  Manitou BF SA 32,920 1,226
* Albioma 27,887 1,090
* Lisi 31,889 1,002
  Jacquet Metals SACA 37,532 924
  Bonduelle SCA 39,068 919
  Vilmorin & Cie SA 16,113 911
*,2 SMCP SA 110,106 906
  Pharmagest Interactive 9,823 888
* GL Events 41,305 810
* Etablissements Maurel et Prom SA 253,087 752
  Guerbet 18,571 693
  AKWEL 21,631 536
*,2 Aramis Group SAS 38,265 535
  Lisi (XPAR) 15,265 480
* Tarkett SA 24,374 475
* Rallye SA 76,207 371
  Boiron SA 8,023 365
* Believe SA 19,114 321
* Lisi SA Prime De Fidelite 3,729 117
*,1,3 Bourbon Corp. 12,121
*,3 Bourbon SA 28,437
      259,113
Germany (3.3%)
  Aurubis AG 131,528 13,711
* K+S AG (Registered) 717,621 13,701
  Freenet AG 488,490 13,304
  HUGO BOSS AG 199,197 12,619
  TAG Immobilien AG 462,733 12,220
2 Befesa SA 153,791 10,857
  Gerresheimer AG 115,865 10,398
  CANCOM SE 139,936 8,494
  AIXTRON SE 400,674 8,331
  Grand City Properties SA 370,771 8,183
  Duerr AG 183,943 8,140
  Jungheinrich AG Preference Shares 184,505 7,890
  Sixt SE Preference Shares 83,633 7,556
1 Siltronic AG (XETR) 56,138 7,331
  alstria office REIT AG 330,503 7,244
  Software AG 188,099 7,243
1 Aareal Bank AG 223,315 7,194
  Jenoptik AG 196,434 7,189
  Stroeer SE & Co. KGaA 93,344 6,989
* Hypoport SE 15,625 6,905
  CompuGroup Medical SE & Co. KGaA 98,076 6,501
  Stabilus SA 95,255 6,415
1 Encavis AG 390,002 6,144
*,1 Nordex SE 377,560 6,059
2 Deutsche Pfandbriefbank AG 478,768 5,908
* Sixt SE 35,833 5,825
* flatexDEGIRO AG 294,205 5,693
  Krones AG 56,304 5,592
  Dermapharm Holding SE 64,505 5,216
  Pfeiffer Vacuum Technology AG 24,621 4,848
  VERBIO Vereinigte BioEnergie AG 72,279 4,607
  Norma Group SE 123,223 4,475
* Synlab AG 192,063 4,417
  Hornbach Holding AG & Co. KGaA 28,226 4,324

    Shares Market
Value
($000)
* Salzgitter AG 126,352 4,323
  Eckert & Ziegler Strahlen- und Medizintechnik AG 48,832 4,257
* Nagarro SE 23,476 4,081
  Bilfinger SE 117,124 4,078
* MorphoSys AG 127,318 4,077
  Deutsche EuroShop AG 214,751 4,035
1,2 ADLER Group SA 336,598 3,981
  STRATEC SE 29,144 3,945
  PATRIZIA AG 174,598 3,796
1 S&T AG 199,180 3,658
  Suedzucker AG 252,749 3,539
*,2 Shop Apotheke Europe NV 26,767 3,480
* Deutz AG 502,251 3,441
* Kloeckner & Co. SE Preference Shares 290,595 3,282
  Indus Holding AG 82,094 3,150
*,1 CECONOMY AG 701,714 3,123
  New Work SE 14,096 3,109
  KWS Saat SE & Co. KGaA 38,915 3,024
2 Instone Real Estate Group SE 167,079 2,973
  GRENKE AG 93,247 2,945
  Atoss Software AG 12,278 2,462
  DIC Asset AG 133,906 2,303
  Schaeffler AG Preference Shares 303,460 2,256
  Siltronic AG 16,638 2,175
  Zeal Network SE 50,074 2,139
* About You Holding SE 108,455 2,113
  Wacker Neuson SE 67,155 1,687
  Basler AG 12,555 1,687
* Global Fashion Group SA 364,845 1,667
  Draegerwerk AG & Co. KGaA Preference Shares 27,837 1,617
  Washtec AG 28,708 1,615
  Deutsche Beteiligungs AG 37,383 1,551
  BayWa AG 36,780 1,549
  Secunet Security Networks AG 4,326 1,540
  Takkt AG 86,859 1,471
  Hamburger Hafen und Logistik AG 66,117 1,420
* Koenig & Bauer AG 41,928 1,307
  Hensoldt AG 92,386 1,259
* SGL Carbon SE 167,992 1,173
  Vossloh AG 23,213 1,119
  Wuestenrot & Wuerttembergische AG 51,970 1,097
  Hornbach Baumarkt AG 20,005 1,072
1 SMA Solar Technology AG 28,571 1,018
* ElringKlinger AG 84,584 1,006
  CropEnergies AG 72,521 999
  Bertrandt AG 12,735 745
  Draegerwerk AG & Co. KGaA 9,927 548
      374,415
Greece (0.1%)
* Hellenic Exchanges - Athens Stock Exchange SA 470,143 2,070
  Holding Co. ADMIE IPTO SA 644,977 1,822
* LAMDA Development SA 222,900 1,761
* GEK Terna Holding Real Estate Construction SA 158,343 1,644
* Ellaktor SA 760,241 1,072
* Athens Water Supply & Sewage Co. SA 113,818 988
  Viohalco SA 173,897 937
  Sarantis SA 89,179 885
* Aegean Airlines SA 92,563 572

    Shares Market
Value
($000)
* Fourlis Holdings SA 114,251 552
* Public Power Corp. SA 31,801 309
      12,612
Hong Kong (1.0%)
  Pacific Basin Shipping Ltd. 16,922,532 7,223
  Fortune REIT 6,009,589 6,198
  HKBN Ltd. 3,245,629 4,076
*,1,2 Razer Inc. 13,568,000 3,997
  Luk Fook Holdings International Ltd. 1,395,399 3,678
* Vobile Group Ltd. 4,987,000 3,417
  Powerlong Real Estate Holdings Ltd. 6,011,000 3,355
  CITIC Telecom International Holdings Ltd. 8,460,004 3,080
  Jinchuan Group International Resources Co. Ltd. 16,988,000 3,035
  Sunlight REIT 5,365,072 2,920
  K Wah International Holdings Ltd. 5,606,398 2,195
  Truly International Holdings Ltd. 5,415,000 2,188
  IGG Inc. 3,346,000 2,094
  LK Technology Holdings Ltd. 1,346,975 2,061
1 Hong Kong Technology Venture Co. Ltd. 2,145,000 1,988
  Great Eagle Holdings Ltd. 692,000 1,944
  Value Partners Group Ltd. 3,926,434 1,936
2 Asiainfo Technologies Ltd. 1,046,000 1,933
*,2 Jacobio Pharmaceuticals Group Co. Ltd. 1,444,800 1,730
  VSTECS Holdings Ltd. 1,698,000 1,682
*,2 Hua Medicine 3,280,000 1,552
* Pou Sheng International Holdings Ltd. 9,483,000 1,523
  Prosperity REIT 3,831,000 1,489
  EC Healthcare 1,268,000 1,458
* OCI International Holdings Ltd. 3,388,000 1,446
*,1 Realord Group Holdings Ltd. 1,218,000 1,427
  SUNeVision Holdings Ltd. 1,620,000 1,424
* Glory Sun Financial Group Ltd. 60,168,000 1,424
  Stella International Holdings Ltd. 1,231,000 1,370
1 Powerlong Commercial Management Holdings Ltd. 633,500 1,342
*,2 Everest Medicines Ltd. 384,500 1,281
  Vesync Co. Ltd. 1,410,000 1,229
*,2 Frontage Holdings Corp. 2,406,000 1,162
  Beijing Tong Ren Tang Chinese Medicine Co. Ltd. 733,000 1,152
  Texhong Textile Group Ltd. 875,500 1,132
  Canvest Environmental Protection Group Co. Ltd. 2,119,000 1,084
*,1 Apollo Future Mobility Group Ltd. 17,192,000 1,017
  Far East Consortium International Ltd. 2,804,858 1,015
1 C-Mer Eye Care Holdings Ltd. 1,424,000 979
  Asia Cement China Holdings Corp. 1,403,500 974
* Cosmopolitan International Holdings Ltd. 5,944,000 946
* Esprit Holdings Ltd. (XHKG) 9,966,350 936
* Digital Domain Holdings Ltd. 8,939,000 921
1 China Tobacco International HK Co. Ltd. 469,000 904
*,2 Xiabuxiabu Catering Management China Holdings Co. Ltd. 1,381,000 872
  United Laboratories International Holdings Ltd. 1,526,500 868
*,1,2 JW Cayman Therapeutics Co. Ltd. (XHKG) 742,000 860
*,2 Antengene Corp. Ltd. 1,088,500 855
  Chow Sang Sang Holdings International Ltd. 634,565 841
*,3 SMI Holdings Group Ltd. 2,800,800 841
  Singamas Container Holdings Ltd. 5,413,960 805
  Sun Hung Kai & Co. Ltd. 1,497,000 803
  Road King Infrastructure Ltd. 813,346 772
*,1,3 Superb Summit International 3,957,346 741

    Shares Market
Value
($000)
* Television Broadcasts Ltd. 1,099,600 682
* Sa Sa International Holdings Ltd. 3,414,000 655
  Pacific Textiles Holdings Ltd. 1,287,000 654
  Dynam Japan Holdings Co. Ltd. 722,440 649
  Giordano International Ltd. 3,105,735 648
* GCL New Energy Holdings Ltd. 28,361,541 632
* CITIC Resources Holdings Ltd. 9,572,000 617
  SmarTone Telecommunications Holdings Ltd. 1,036,730 578
*,3 Convoy 26,130,000 560
2 Crystal International Group Ltd. 1,607,000 473
1,2 VPower Group International Holdings Ltd. 2,648,000 407
  CMBC Capital Holdings Ltd. 982,021 365
*,3 Huiyuan Juice 1,333,000 345
  Texwinca Holdings Ltd. 1,708,000 332
* Chinese Estates Holdings Ltd. 950,500 324
*,3 CTEG 6,439,760 281
  Lee's Pharmaceutical Holdings Ltd. 674,500 260
*,1,3 National Agricultural Holdings 1,560,000 238
*,2 IMAX China Holding Inc. 154,800 221
*,3 MH Development NPV 1,068,000 159
* China LNG Group Ltd. 3,101,999 140
* Glory Sun Land Group Ltd. 5,043,020 34
* Suncity Group Holdings Ltd. 1,108,000 15
*,1,3 Agritrade Resources Ltd. 6,905,000
*,3 Anxin China Holdings Ltd. 2,621,200
*,3 C Fiber Optic 2,215,200
*,3 Hua Han Health Industry Holdings Ltd. 1,817,183
*,3 Tech Pro Tech Dev 10,406,800
      107,444
Hungary (0.0%)
* Opus Global Nyrt 653,598 419
India (4.8%)
  Tata Elxsi Ltd. 134,227 13,764
  Persistent Systems Ltd. 196,796 11,680
  Crompton Greaves Consumer Electricals Ltd. 1,843,185 10,527
  Atul Ltd. 69,275 8,914
  Deepak Nitrite Ltd. 295,403 8,902
  Indian Hotels Co. Ltd. 3,040,404 8,863
  Dixon Technologies India Ltd. 137,814 8,207
  Tube Investments of India Ltd. 344,676 7,877
  Navin Fluorine International Ltd. 141,403 7,495
  Escorts Ltd. 298,549 7,444
* Fortis Healthcare Ltd. 1,969,509 7,190
  Tata Chemicals Ltd. 563,290 7,098
  Supreme Industries Ltd. 250,459 7,048
* Max Healthcare Institute Ltd. 1,356,639 6,715
  Ramco Cements Ltd. 550,207 6,440
* APL Apollo Tubes Ltd. 546,997 6,373
2 Dr Lal PathLabs Ltd. 141,813 5,680
* CG Power & Industrial Solutions Ltd. 2,275,439 5,367
  KPIT Technologies Ltd. 596,498 5,221
2 Indian Energy Exchange Ltd. 1,602,822 5,102
  Natco Pharma Ltd. 409,928 5,019
* Aditya Birla Fashion and Retail Ltd. 1,247,023 4,952
  Tanla Platforms Ltd. 208,403 4,930
  Kajaria Ceramics Ltd. 272,486 4,903
  JK Cement Ltd. 109,844 4,882

    Shares Market
Value
($000)
  Carborundum Universal Ltd. 400,393 4,767
  National Aluminium Co. Ltd. 3,203,169 4,738
  Manappuram Finance Ltd. 2,215,294 4,718
* Gujarat Fluorochemicals Ltd. 123,383 4,637
  Birlasoft Ltd. 703,382 4,527
  AIA Engineering Ltd. 177,727 4,513
* PVR Ltd. 205,294 4,420
  Apollo Tyres Ltd. 1,504,225 4,403
  IIFL Finance Ltd. 1,016,703 4,321
  Minda Industries Ltd. 287,541 4,284
  Phoenix Mills Ltd. 317,994 4,263
  Pfizer Ltd. 68,228 4,156
* IDFC Ltd. 4,759,139 4,156
  Relaxo Footwears Ltd. 250,774 4,152
  Radico Khaitan Ltd. 284,678 4,130
* Suzlon Energy Ltd. 25,463,730 4,128
  Sundram Fasteners Ltd. 351,209 4,019
  Redington India Ltd. 1,836,188 4,017
  Gujarat State Petronet Ltd. 985,180 3,999
  NIIT Technologies Ltd. 61,461 3,998
  SKF India Ltd. 78,591 3,848
  Cyient Ltd. 297,536 3,763
  India Cements Ltd. 1,246,290 3,752
* Intellect Design Arena Ltd. 359,857 3,738
  Central Depository Services India Ltd. 183,259 3,724
  Thermax Ltd. 128,850 3,609
  CESC Ltd. 3,163,616 3,606
* Aavas Financiers Ltd. 92,390 3,585
  Chambal Fertilizers and Chemicals Ltd. 594,629 3,465
  City Union Bank Ltd. 1,711,811 3,316
  Happiest Minds Technologies Ltd. 209,006 3,256
  Schaeffler India Ltd. 25,842 3,119
2 Mindspace Business Parks REIT 670,200 3,091
  Sanofi India Ltd. 30,002 3,046
  Amara Raja Batteries Ltd. 361,030 3,008
* Amber Enterprises India Ltd. 61,473 2,999
2 Metropolis Healthcare Ltd. 86,702 2,932
  Brigade Enterprises Ltd. 433,035 2,916
  Cholamandalam Financial Holdings Ltd. 309,521 2,905
  Suven Pharmaceuticals Ltd. 401,534 2,902
  HFCL Ltd. 2,608,133 2,809
*,2 Syngene International Ltd. 359,070 2,754
  KEI Industries Ltd. 188,760 2,740
  Linde India Ltd. 73,785 2,720
  Sonata Software Ltd. 247,238 2,707
  Hatsun Agro Product Ltd. 195,981 2,697
* Affle India Ltd. 151,520 2,688
  Alembic Pharmaceuticals Ltd. 258,102 2,631
  Computer Age Management Services Ltd. 71,508 2,601
  Granules India Ltd. 631,272 2,589
  JB Chemicals & Pharmaceuticals Ltd. 109,956 2,576
  Can Fin Homes Ltd. 306,975 2,553
  KEC International Ltd. 381,749 2,547
  Lakshmi Machine Works Ltd. 17,279 2,547
  DCM Shriram Ltd. 166,976 2,541
  Jubilant Pharmova Ltd. Class A (XNSE) 349,981 2,445
  Praj Industries Ltd. 426,563 2,433
  Balrampur Chini Mills Ltd. 425,237 2,431

    Shares Market
Value
($000)
  Solar Industries India Ltd. 77,599 2,422
  Ajanta Pharma Ltd. 81,783 2,420
2 Quess Corp. Ltd. 246,900 2,415
  Prestige Estates Projects Ltd. 364,263 2,407
* Bajaj Electricals Ltd. 147,033 2,371
* Clean Science & Technology Ltd. 78,933 2,371
  Balaji Amines Ltd. 53,328 2,340
  Zensar Technologies Ltd. 413,672 2,327
* Dhani Services Ltd. 1,287,147 2,289
  Firstsource Solutions Ltd. 1,052,942 2,258
*,2 Aster DM Healthcare Ltd. 882,930 2,199
  Finolex Industries Ltd. 969,073 2,193
  CRISIL Ltd. 57,079 2,150
2 Endurance Technologies Ltd. 99,194 2,140
  EID Parry India Ltd. 324,843 2,125
2 ICICI Securities Ltd. 218,493 2,123
  Blue Star Ltd. 182,216 2,118
  Sobha Ltd. 183,154 2,106
  Century Textiles & Industries Ltd. 179,366 2,099
  Jubilant Ingrevia Ltd. 270,612 2,099
  Alkyl Amines Chemicals Ltd. 45,199 2,042
  Rain Industries Ltd. 689,953 2,006
* Narayana Hrudayalaya Ltd. 229,218 1,994
* Alok Industries Ltd. 4,759,279 1,993
  Timken India Ltd. 76,603 1,986
  Shriram City Union Finance Ltd. 82,820 1,977
  NCC Ltd. 1,941,321 1,968
* TeamLease Services Ltd. 33,603 1,959
  Welspun India Ltd. 1,020,242 1,953
2 IndiaMart InterMesh Ltd. 28,184 1,898
  Edelweiss Financial Services Ltd. 2,007,260 1,892
  Orient Electric Ltd. 421,968 1,888
* EIH Ltd. 986,478 1,873
  Vinati Organics Ltd. 69,776 1,862
  Mahanagar Gas Ltd. 168,356 1,857
* Indiabulls Real Estate Ltd. 940,524 1,835
* Reliance Power Ltd. 8,923,274 1,793
  Finolex Cables Ltd. 259,394 1,736
  Sterlite Technologies Ltd. 610,688 1,681
* IRB Infrastructure Developers Ltd. 487,819 1,676
2 Brookfield India Real Estate Trust 414,636 1,674
  TTK Prestige Ltd. 129,535 1,672
2 Eris Lifesciences Ltd. 176,327 1,658
  eClerx Services Ltd. 51,721 1,637
  Zydus Wellness Ltd. 69,674 1,628
  Motilal Oswal Financial Services Ltd. 136,682 1,626
  Sumitomo Chemical India Ltd. 307,720 1,618
  Great Eastern Shipping Co. Ltd. 374,467 1,584
* V-Mart Retail Ltd. 30,514 1,545
  Poly Medicure Ltd. 127,822 1,545
  PNC Infratech Ltd. 387,455 1,539
  Graphite India Ltd. 232,645 1,530
  JK Lakshmi Cement Ltd. 198,742 1,509
  Infibeam Avenues Ltd. (XNSE) 2,469,350 1,468
*,2 New India Assurance Co. Ltd. 728,929 1,415
  Ratnamani Metals & Tubes Ltd. 55,163 1,412
  Vaibhav Global Ltd. 225,012 1,408
  Procter & Gamble Health Ltd. 20,502 1,392

    Shares Market
Value
($000)
  Indian Bank 646,941 1,373
  V-Guard Industries Ltd. 459,513 1,333
* Westlife Development Ltd. 192,410 1,292
  Aegis Logistics Ltd. 463,598 1,268
  Avanti Feeds Ltd. 154,836 1,251
* CreditAccess Grameen Ltd. 147,337 1,248
  Bombay Burmah Trading Co. 85,135 1,246
*,2 PNB Housing Finance Ltd. 212,718 1,246
* Raymond Ltd. 121,239 1,242
  NBCC India Ltd. 1,958,621 1,236
  EPL Ltd. 478,324 1,224
2 Godrej Agrovet Ltd. 168,197 1,210
  Vakrangee Ltd. 2,270,405 1,207
* TV18 Broadcast Ltd. 1,507,082 1,202
*,3 Gateway Rail Freight Ltd. 1,277,088 1,199
  Welspun Corp. Ltd. 466,970 1,166
  HEG Ltd. 53,181 1,091
* Mahindra CIE Automotive Ltd. 377,355 1,087
  Gujarat Pipavav Port Ltd. 807,038 1,062
  JM Financial Ltd. 1,072,179 1,061
  Rallis India Ltd. 300,163 1,048
  Strides Pharma Science Ltd. 196,428 1,044
  PTC India Ltd. 751,523 966
* Sun Pharma Advanced Research Co. Ltd. 225,875 952
  KRBL Ltd. 302,824 951
  Karur Vysya Bank Ltd. 1,280,439 870
  Akzo Nobel India Ltd. 33,403 867
* Just Dial Ltd. 69,658 853
  Equitas Holdings Ltd. 557,914 827
  Kaveri Seed Co. Ltd. 111,117 826
  Ceat Ltd. 52,901 780
  Care Ratings Ltd. 90,646 700
* Hindustan Construction Co. Ltd. 3,291,280 666
2 Dilip Buildcon Ltd. 132,735 651
  AstraZeneca Pharma India Ltd. 16,987 637
  Symphony Ltd. 47,028 634
  Bajaj Consumer Care Ltd. 254,023 626
* IFCI Ltd. 2,973,486 607
* Future Retail Ltd. 924,362 604
* Wockhardt Ltd. 111,062 590
  Multi Commodity Exchange of India Ltd. 28,400 588
* DCB Bank Ltd. 433,216 501
  Karnataka Bank Ltd. 551,807 476
  Jindal Saw Ltd. 330,453 449
  Engineers India Ltd. 472,027 443
* Future Consumer Ltd. 4,028,568 399
* South Indian Bank Ltd. 2,920,192 353
  WABCO India Ltd. 3,113 335
  GE Power India Ltd. 48,512 156
*,2 General Insurance Corp. of India 1,407 3
*,3 Chennai Super Kings Cricket 176,674
      534,875
Indonesia (0.5%)
  Aneka Tambang Tbk 33,630,719 4,196
  Japfa Comfeed Indonesia Tbk PT 31,750,400 3,694
  Ciputra Development Tbk PT 57,031,255 3,485
  Mitra Keluarga Karyasehat Tbk PT 18,955,200 3,330
* Pakuwon Jati Tbk PT 102,660,734 3,086

    Shares Market
Value
($000)
* Summarecon Agung Tbk PT 53,681,747 2,553
  Ace Hardware Indonesia Tbk PT 29,569,300 2,546
  Pabrik Kertas Tjiwi Kimia Tbk PT 5,061,800 2,484
  BFI Finance Indonesia Tbk PT 26,559,800 2,419
  Bank BTPN Syariah Tbk PT 8,910,000 2,168
* Lippo Karawaci Tbk PT 229,302,777 2,108
  Matahari Department Store Tbk PT 7,675,300 2,029
  Indo Tambangraya Megah Tbk PT 1,332,700 2,009
* Bank Bukopin Tbk PT (XIDX) 100,894,900 1,961
  Indosat Tbk PT 4,111,800 1,643
* Bank Rakyat Indonesia Agroniaga Tbk PT 15,305,254 1,366
* Waskita Karya Persero Tbk PT 33,210,881 1,357
* Medco Energi Internasional Tbk PT 34,337,588 1,336
  AKR Corporindo Tbk PT 25,550,415 1,302
* Bank Tabungan Negara Persero Tbk PT 9,439,770 1,116
* Mitra Adiperkasa Tbk PT 20,037,200 1,091
* Timah Tbk PT 9,609,420 930
* Wijaya Karya Persero Tbk PT 9,367,333 680
  Perusahaan Perkebunan London Sumatra Indonesia Tbk PT 7,692,129 676
  Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT 6,579,300 604
* Bank Pan Indonesia Tbk PT 10,474,800 544
* Panin Financial Tbk PT 43,645,200 525
* PP Persero Tbk PT 6,454,800 422
* Global Mediacom Tbk PT 19,915,706 350
* Ramayana Lestari Sentosa Tbk PT 7,703,600 346
*,3 Trada Alam Minera Tbk PT 95,405,707 332
* Alam Sutera Realty Tbk PT 31,151,091 319
* Surya Semesta Internusa Tbk PT 10,442,300 294
* Adhi Karya Persero Tbk PT 4,781,800 277
* Krakatau Steel Persero Tbk PT 10,652,750 265
* Kresna Graha Investama Tbk PT 22,647,700 122
      53,965
Ireland (0.3%)
* Bank of Ireland Group plc 3,299,428 22,238
* Dalata Hotel Group plc 868,840 4,144
  Hibernia REIT plc 2,636,940 3,766
* Irish Continental Group plc 605,008 3,010
* Cairn Homes plc 1,719,382 2,396
* Cairn Homes plc (XDUB) 634,789 889
      36,443
Israel (0.8%)
  REIT 1 Ltd. 826,268 6,002
* Clal Insurance Enterprises Holdings Ltd. 213,278 5,009
  Fox Wizel Ltd. 23,016 4,472
  Mega Or Holdings Ltd. 91,672 4,173
  Hilan Ltd. 63,517 4,094
  AFI Properties Ltd. 63,906 4,090
  Matrix IT Ltd. 140,838 3,937
  Formula Systems 1985 Ltd. 33,557 3,776
  FIBI Holdings Ltd. 74,346 3,395
  Danel Adir Yeoshua Ltd. 13,791 3,290
* Camtek Ltd. 89,488 3,213
* Summit Real Estate Holdings Ltd. 125,029 3,099
  Isracard Ltd. 556,910 3,087
  AudioCodes Ltd. 100,219 2,965
* Partner Communications Co. Ltd. 332,594 2,963
* Delek Group Ltd. 25,913 2,926

    Shares Market
Value
($000)
  Delek Automotive Systems Ltd. 151,347 2,321
  Sella Capital Real Estate Ltd. 608,281 2,230
* Equital Ltd. 48,413 2,130
* Perion Network Ltd. 102,548 2,029
* Cellcom Israel Ltd. 322,883 1,904
  Delta Galil Industries Ltd. 27,963 1,749
* Oil Refineries Ltd. 5,023,987 1,661
  Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. 20,410 1,638
  Migdal Insurance & Financial Holdings Ltd. 857,271 1,518
  Menora Mivtachim Holdings Ltd. 60,681 1,492
* Allot Ltd. 130,770 1,202
* Brack Capital Properties NV 6,411 1,064
* Compugen Ltd. 291,314 1,016
* Naphtha Israel Petroleum Corp. Ltd. 98,389 787
  IDI Insurance Co. Ltd. 20,372 744
  Gilat Satellite Networks Ltd. 82,686 639
* Kamada Ltd. 81,400 492
* Tera Light Ltd. 60,681 147
* Allot Ltd. (XNGS) 1,781 17
      85,271
Italy (1.7%)
  Banco BPM SpA 5,538,059 17,265
  Azimut Holding SpA 479,080 12,887
  Unipol Gruppo SpA 1,728,734 9,725
  Banca Generali SpA 216,017 8,700
  BPER Banca 3,848,852 8,103
  Iren SpA 2,554,048 7,684
  Brembo SpA 565,928 7,524
* Brunello Cucinelli SpA 129,314 7,510
  ERG SpA 231,666 6,755
  Banca Popolare di Sondrio SCPA 1,477,983 6,217
2 Anima Holding SpA 1,132,219 5,727
* Autogrill SpA 732,735 5,502
1 Falck Renewables SpA 542,975 5,332
2 BFF Bank SpA 653,330 4,995
  Tamburi Investment Partners SpA 472,624 4,812
* Salvatore Ferragamo SpA 221,910 4,755
*,2 Enav SpA 992,918 4,562
  Sesa SpA 23,748 4,295
1,2 Technogym SpA 493,056 4,208
2 Carel Industries SpA 168,447 4,056
  ACEA SpA 176,588 3,569
  Gruppo MutuiOnline SpA 69,349 3,301
*,1 Saipem SpA 2,081,502 3,184
2 GVS SpA 242,300 2,713
  Danieli & C Officine Meccaniche SpA Savings Shares 150,808 2,701
  Piaggio & C SpA 836,391 2,677
  SOL SpA 113,384 2,425
1 Webuild SpA (MTAA) 1,151,281 2,412
  Tinexta SpA 63,195 2,245
  MARR SpA 103,327 2,200
1 Maire Tecnimont SpA 435,534 2,080
*,2 doValue SpA 209,826 1,819
*,1 Juventus Football Club SpA 3,852,807 1,647
*,1 Tod's SpA 29,103 1,569
2 RAI Way SpA 258,035 1,466
  Zignago Vetro SpA 84,385 1,461
  Banca IFIS SpA 70,878 1,423

    Shares Market
Value
($000)
  Credito Emiliano SpA 202,683 1,398
  Italmobiliare SpA 38,099 1,363
*,1 Saras SpA 2,155,555 1,352
* Immobiliare Grande Distribuzione SIIQ SpA 246,001 1,145
* CIR SpA-Compagnie Industriali 2,392,330 1,137
  Cementir Holding NV 126,446 1,115
  MFE-MediaForEurope NV Class B 843,752 1,077
* Biesse SpA 38,131 989
*,1 Fincantieri SpA 1,301,747 833
  Datalogic SpA 52,135 815
*,1 Banca Monte dei Paschi di Siena SpA 764,475 790
1 Danieli & C Officine Meccaniche SpA 28,820 784
* Arnoldo Mondadori Editore SpA 333,938 769
* Societa Cattolica Di Assicurazione SpA 112,810 720
* MFE-MediaForEurope NV Class A 843,752 700
  DeA Capital SpA 225,174 340
  Rizzoli Corriere Della Sera Mediagroup SpA 311,758 304
* Webuild SpA 104,185 85
      195,222
Japan (12.6%)
  ADEKA Corp. 414,655 8,997
  Japan Steel Works Ltd. 247,600 8,231
  Fuji Corp. 337,888 7,799
  Daiseki Co. Ltd. 188,944 7,569
  Fujitec Co. Ltd. 312,184 7,425
  Tokyo Seimitsu Co. Ltd. 158,434 6,720
  Frontier Real Estate Investment Corp. 1,589 6,705
  Meitec Corp. 108,146 6,336
  Daiwa Securities Living Investments Corp. 6,449 6,311
  Mirait Holdings Corp. 373,871 6,207
1 Mitsui High-Tec Inc. 80,900 5,987
  Katitas Co. Ltd. 196,100 5,981
  Nippon Gas Co. Ltd. 425,200 5,950
* Fujikura Ltd. 1,092,200 5,906
  Topcon Corp. 431,700 5,859
  Yoshinoya Holdings Co. Ltd. 281,320 5,813
  Hulic REIT Inc. 4,011 5,765
  Kenedix Residential Next Investment Corp. 3,300 5,753
1 Comforia Residential REIT Inc. 2,126 5,703
  Asahi Holdings Inc. 294,200 5,700
  NTT UD REIT Investment Corp. 4,216 5,670
  Kureha Corp. 75,402 5,629
  Nichias Corp. 246,669 5,600
  Hazama Ando Corp. 717,979 5,494
  Jafco Co. Ltd. 342,000 5,461
  Nippon Suisan Kaisha Ltd. 1,155,922 5,416
  Invincible Investment Corp. 17,089 5,383
  NSD Co. Ltd. 314,168 5,366
  Toagosei Co. Ltd. 537,992 5,306
1 Mizuho Leasing Co. Ltd. 182,401 5,095
  Daiwabo Holdings Co. Ltd. 355,880 5,088
  Inaba Denki Sangyo Co. Ltd. 217,200 5,033
  Macnica Fuji Electronics Holdings Inc. 222,013 4,912
  Heiwa Real Estate Co. Ltd. 141,842 4,845
  Mitsubishi Estate Logistics REIT Investment Corp. 1,233 4,844
  Takasago Thermal Engineering Co. Ltd. 288,889 4,830
  Digital Garage Inc. 134,200 4,748
  Duskin Co. Ltd. 197,360 4,743

    Shares Market
Value
($000)
  Infomart Corp. 814,800 4,736
  Sumitomo Warehouse Co. Ltd. 263,255 4,728
  Okumura Corp. 165,252 4,718
  NIPPON REIT Investment Corp. 1,397 4,707
* Descente Ltd. 151,000 4,705
  Japan Excellent Inc. 4,091 4,705
  Dexerials Corp. 170,700 4,694
  CKD Corp. 250,200 4,619
1 Tokyu REIT Inc. 2,856 4,615
  Outsourcing Inc. 398,000 4,610
  Wacom Co. Ltd. 627,436 4,558
  Tsubakimoto Chain Co. 159,764 4,474
  Nishimatsu Construction Co. Ltd. 133,462 4,433
  Hanwa Co. Ltd. 159,283 4,374
  Tomy Co. Ltd. 445,817 4,352
  Kenedix Retail REIT Corp. 1,840 4,307
  Pilot Corp. 120,800 4,303
  DCM Holdings Co. Ltd. 451,988 4,290
  Sakata Seed Corp. 145,356 4,269
  Nikkon Holdings Co. Ltd. 226,548 4,268
  Hitachi Zosen Corp. 639,610 4,258
  Takeuchi Manufacturing Co. Ltd. 167,400 4,184
  Nihon Parkerizing Co. Ltd. 455,361 4,128
  Shoei Co. Ltd. 107,200 4,128
  San-In Godo Bank Ltd. 732,100 4,123
  Aiful Corp. 1,368,800 4,111
  Kanematsu Corp. 377,700 4,109
  Hoshino Resorts REIT Inc. 727 4,108
  Japan Elevator Service Holdings Co. Ltd. 285,000 4,106
  DTS Corp. 192,042 4,098
  JINS Holdings Inc. 66,200 4,092
  Sanrio Co. Ltd. 210,400 4,081
  Kiyo Bank Ltd. 318,910 3,988
  Sumitomo Osaka Cement Co. Ltd. 130,000 3,986
  Nisshinbo Holdings Inc. 478,300 3,984
  Gunma Bank Ltd. 1,207,400 3,967
  Joyful Honda Co. Ltd. 297,448 3,960
  EDION Corp. 423,675 3,954
  KH Neochem Co. Ltd. 154,000 3,950
1 Colowide Co. Ltd. 272,900 3,943
  Fuji Soft Inc. 93,574 3,920
  Sangetsu Corp. 282,820 3,917
  Takuma Co. Ltd. 306,100 3,915
  Fujimi Inc. 64,047 3,878
  Trusco Nakayama Corp. 181,400 3,861
  Valor Holdings Co. Ltd. 200,800 3,860
  Kumagai Gumi Co. Ltd. 150,680 3,841
  Wacoal Holdings Corp. 209,200 3,838
  Toyobo Co. Ltd. 340,300 3,830
  Central Glass Co. Ltd. 206,013 3,822
  Nippon Soda Co. Ltd. 133,125 3,809
  Hokuhoku Financial Group Inc. 482,300 3,801
  Hokuetsu Corp. 567,321 3,763
  Seiren Co. Ltd. 198,400 3,751
  Citizen Watch Co. Ltd. 875,800 3,749
  Kintetsu World Express Inc. 150,700 3,749
  Mori Trust Sogo REIT Inc. 3,071 3,720
  Iriso Electronics Co. Ltd. 91,500 3,715

    Shares Market
Value
($000)
  Ogaki Kyoritsu Bank Ltd. 209,274 3,694
  CRE Logistics REIT Inc. 2,096 3,642
  Heiwa Real Estate REIT Inc. 2,949 3,628
  Okamura Corp. 341,447 3,610
  TOKAI Holdings Corp. 470,700 3,607
  Raito Kogyo Co. Ltd. 220,400 3,598
  Milbon Co. Ltd. 75,620 3,570
  Nishi-Nippon Financial Holdings Inc. 500,400 3,544
  Eizo Corp. 102,756 3,534
  MOS Food Services Inc. 133,858 3,525
  Toho Holdings Co. Ltd. 225,018 3,518
  Japan Material Co. Ltd. 240,300 3,512
  Nachi-Fujikoshi Corp. 93,051 3,477
  Systena Corp. 1,126,100 3,467
  Tadano Ltd. 393,300 3,440
  Senko Group Holdings Co. Ltd. 428,200 3,438
  Glory Ltd. 180,900 3,402
  Arcs Co. Ltd. 181,000 3,402
  Kohnan Shoji Co. Ltd. 114,200 3,387
  Makino Milling Machine Co. Ltd. 97,480 3,367
  Monex Group Inc. 662,487 3,359
  Ichibanya Co. Ltd. 83,668 3,355
  77 Bank Ltd. 252,100 3,336
  Shiga Bank Ltd. 170,600 3,324
  Fukuoka REIT Corp. 2,354 3,310
  Kumiai Chemical Industry Co. Ltd. 476,750 3,295
  Taikisha Ltd. 131,288 3,283
  Nichiha Corp. 132,600 3,278
  Juroku Financial Group Inc. 164,800 3,277
  Maruwa Co. Ltd. 24,900 3,276
  Round One Corp. 267,500 3,264
  UT Group Co. Ltd. 113,500 3,252
  Maeda Kosen Co. Ltd. 108,500 3,240
  en japan Inc. 134,000 3,230
  Inabata & Co. Ltd. 213,200 3,213
  Kanamoto Co. Ltd. 164,600 3,201
  Toei Co. Ltd. 21,464 3,186
  Nippon Steel Trading Corp. 70,549 3,184
  San-A Co. Ltd. 89,744 3,183
  KOMEDA Holdings Co. Ltd. 171,800 3,180
  Earth Corp. 61,943 3,157
  Tokyo Steel Manufacturing Co. Ltd. 329,300 3,153
  ZERIA Pharmaceutical Co. Ltd. 187,240 3,131
  Nomura Co. Ltd. 389,400 3,118
  Suruga Bank Ltd. 721,500 3,112
  Paramount Bed Holdings Co. Ltd. 186,500 3,103
  Yodogawa Steel Works Ltd. 144,933 3,088
  Global One Real Estate Investment Corp. 3,114 3,068
  BeNext-Yumeshin Group Co. 223,992 3,056
  Gunze Ltd. 87,707 3,049
  Musashino Bank Ltd. 189,300 3,044
  Musashi Seimitsu Industry Co. Ltd. 201,430 3,034
  Toyo Ink SC Holdings Co. Ltd. 182,454 3,028
  Sanken Electric Co. Ltd. 69,329 3,023
  Taiyo Holdings Co. Ltd. 102,300 3,018
  Daishi Hokuetsu Financial Group Inc. 129,600 3,005
  Nippon Light Metal Holdings Co. Ltd. 193,196 2,960
  Japan Lifeline Co. Ltd. 336,900 2,949

    Shares Market
Value
($000)
  Rorze Corp. 31,200 2,948
  Heiwado Co. Ltd. 174,500 2,940
  Idec Corp. 137,900 2,938
  Riken Keiki Co. Ltd. 61,100 2,923
  Ai Holdings Corp. 187,500 2,906
  Oki Electric Industry Co. Ltd. 379,806 2,905
  Transcosmos Inc. 113,396 2,890
  Nippn Corp. 195,829 2,873
  Nextage Co. Ltd. 114,200 2,868
* NTN Corp. 1,420,300 2,865
  Okasan Securities Group Inc. 857,100 2,860
  Takara Standard Co. Ltd. 238,499 2,839
  Kato Sangyo Co. Ltd. 98,800 2,829
  Funai Soken Holdings Inc. 135,950 2,818
  Yamazen Corp. 323,600 2,815
  Toridoll Holdings Corp. 139,600 2,811
  Nanto Bank Ltd. 165,900 2,806
  S Foods Inc. 91,300 2,804
  Towa Pharmaceutical Co. Ltd. 114,282 2,803
  Okamoto Industries Inc. 79,100 2,794
  Komeri Co. Ltd. 119,700 2,791
  Okinawa Electric Power Co. Inc. 228,208 2,787
1 Nagawa Co. Ltd. 32,900 2,782
  Hokkoku Financial Holdings Inc. 107,551 2,767
* UACJ Corp. 119,585 2,753
  Atom Corp. 409,857 2,736
  Create SD Holdings Co. Ltd. 101,318 2,734
  Nippon Paper Industries Co. Ltd. 268,800 2,724
  Seiko Holdings Corp. 145,558 2,722
  Digital Arts Inc. 46,000 2,710
  KYORIN Holdings Inc. 170,500 2,708
  Nisshin Oillio Group Ltd. 103,052 2,698
  Nitto Boseki Co. Ltd. 113,011 2,697
* Raksul Inc. 82,600 2,696
  Daiho Corp. 83,900 2,676
  FCC Co. Ltd. 207,943 2,674
  Kitz Corp. 459,248 2,670
* Royal Holdings Co. Ltd. 170,700 2,663
  Zojirushi Corp. 211,900 2,663
  Sumitomo Mitsui Construction Co. Ltd. 702,746 2,655
  Nojima Corp. 131,500 2,652
  Nitta Corp. 108,200 2,651
  Hogy Medical Co. Ltd. 98,522 2,650
  Kyoritsu Maintenance Co. Ltd. 74,000 2,647
  Life Corp. 97,800 2,628
  JCU Corp. 60,100 2,609
  Hokuriku Electric Power Co. 525,800 2,595
  Itochu Advance Logistics Investment Corp. 1,884 2,570
  Meidensha Corp. 120,787 2,560
  SOSiLA Logistics REIT Inc. 1,824 2,553
  Sato Holdings Corp. 144,600 2,550
  Ohsho Food Service Corp. 49,374 2,548
  Fuji Seal International Inc. 134,800 2,535
  Totetsu Kogyo Co. Ltd. 118,700 2,533
  Tsubaki Nakashima Co. Ltd. 204,400 2,533
  Yokowo Co. Ltd. 110,237 2,532
  Mixi Inc. 136,600 2,529
1 Create Restaurants Holdings Inc. 393,440 2,522

    Shares Market
Value
($000)
  Bank of Nagoya Ltd. 97,112 2,521
  Pacific Industrial Co. Ltd. 264,100 2,521
  Ryosan Co. Ltd. 126,957 2,516
  Maruha Nichiro Corp. 117,000 2,500
  Japan Petroleum Exploration Co. Ltd. 104,100 2,488
  Showa Sangyo Co. Ltd. 105,800 2,478
  Hankyu Hanshin REIT Inc. 1,908 2,471
  Hiday Hidaka Corp. 170,619 2,467
  TPR Co. Ltd. 193,929 2,457
  Mitsubishi Logisnext Co. Ltd. 281,600 2,446
  Noritake Co. Ltd. 60,800 2,433
  Tokai Tokyo Financial Holdings Inc. 687,500 2,420
  Maxell Ltd. 223,500 2,397
  Aeon Delight Co. Ltd. 88,000 2,382
  Mandom Corp. 198,454 2,380
  Hokkaido Electric Power Co. Inc. 540,500 2,358
  Chudenko Corp. 127,600 2,357
  Ichigo Office REIT Investment Corp. 3,291 2,350
  Awa Bank Ltd. 119,100 2,345
  United Super Markets Holdings Inc. 256,350 2,337
*,1 HIS Co. Ltd. 140,900 2,334
  Mitsubishi Pencil Co. Ltd. 222,900 2,326
  Topre Corp. 222,700 2,325
  TKC Corp. 88,198 2,318
1 Tri Chemical Laboratories Inc. 84,876 2,297
  Strike Co. Ltd. 58,914 2,294
  Optex Group Co. Ltd. 171,900 2,292
  TOMONY Holdings Inc. 805,100 2,283
  Senshu Ikeda Holdings Inc. 1,442,000 2,280
  Star Asia Investment Corp. 4,308 2,267
  Tokyotokeiba Co. Ltd. 60,900 2,232
  Dip Corp. 70,000 2,216
  Daihen Corp. 61,151 2,185
1 Financial Products Group Co. Ltd. 378,900 2,181
  Shinmaywa Industries Ltd. 283,168 2,175
  Morita Holdings Corp. 194,966 2,161
  Sanki Engineering Co. Ltd. 174,367 2,154
  Shibuya Corp. 96,800 2,146
  eGuarantee Inc. 130,400 2,146
1 Gree Inc. 281,900 2,142
  Nikkiso Co. Ltd. 288,761 2,131
  Tokyu Construction Co. Ltd. 344,700 2,116
  Starts Corp. Inc. 96,215 2,095
  Tocalo Co. Ltd. 172,100 2,091
*,1 euglena Co. Ltd. 329,100 2,089
  Mirai Corp. 4,969 2,089
  Adastria Co. Ltd. 137,500 2,060
  United Arrows Ltd. 127,267 2,056
  Nagaileben Co. Ltd. 112,400 2,053
  Kameda Seika Co. Ltd. 56,200 2,042
  Mitsuuroko Group Holdings Co. Ltd. 224,200 2,021
  Hyakujushi Bank Ltd. 146,300 2,019
  Prima Meat Packers Ltd. 91,788 2,016
  Nippon Densetsu Kogyo Co. Ltd. 153,903 1,999
  Shibaura Machine Co. Ltd. 69,200 1,993
  Autobacs Seven Co. Ltd. 163,200 1,979
  Saibu Gas Holdings Co. Ltd. 103,673 1,975
  Japan Securities Finance Co. Ltd. 242,541 1,971

    Shares Market
Value
($000)
  Fuso Chemical Co. Ltd. 50,300 1,968
  Macromill Inc. 204,000 1,967
  Kura Sushi Inc. 64,300 1,934
  Kissei Pharmaceutical Co. Ltd. 95,800 1,934
  Megachips Corp. 52,481 1,913
  Megmilk Snow Brand Co. Ltd. 106,100 1,890
  Mitani Sekisan Co. Ltd. 33,500 1,886
  Arata Corp. 53,859 1,881
  Jaccs Co. Ltd. 69,400 1,878
*,1 Chiyoda Corp. 626,900 1,851
  H2O Retailing Corp. 265,700 1,838
  BML Inc. 60,000 1,824
  Towa Corp. 80,465 1,820
  Nippon Seiki Co. Ltd. 203,532 1,818
1 Okinawa Financial Group Inc. 93,544 1,808
  Zenrin Co. Ltd. 212,750 1,787
  Saizeriya Co. Ltd. 76,221 1,763
  Toho Bank Ltd. 947,664 1,763
* Nippon Sheet Glass Co. Ltd. 400,500 1,761
* Oisix ra daichi Inc. 84,418 1,759
  Mochida Pharmaceutical Co. Ltd. 56,500 1,757
1 Aruhi Corp. 172,926 1,735
  Nichicon Corp. 164,483 1,723
  Tsugami Corp. 148,000 1,718
  Hyakugo Bank Ltd. 555,700 1,715
  GLOBERIDE Inc. 71,000 1,709
  Hioki EE Corp. 29,400 1,708
  North Pacific Bank Ltd. 780,000 1,704
  Sodick Co. Ltd. 242,978 1,695
  MCJ Co. Ltd. 196,800 1,690
  Sekisui Jushi Corp. 95,000 1,678
  Bank of Iwate Ltd. 100,524 1,664
  St. Marc Holdings Co. Ltd. 127,400 1,663
  Max Co. Ltd. 104,100 1,660
  Nichi-iko Pharmaceutical Co. Ltd. 258,302 1,649
1 Monogatari Corp. 30,240 1,643
  S-Pool Inc. 178,060 1,623
*,1 Change Inc. 127,900 1,617
  One REIT Inc. 623 1,616
  Token Corp. 19,886 1,611
  eRex Co. Ltd. 121,800 1,610
  Comture Corp. 65,900 1,608
  Kanto Denka Kogyo Co. Ltd. 167,800 1,607
* MedPeer Inc. 63,200 1,598
* M&A Capital Partners Co. Ltd. 36,900 1,589
  Oyo Corp. 86,300 1,588
  Yamagata Bank Ltd. 189,385 1,570
  Nissin Electric Co. Ltd. 124,000 1,564
  Anicom Holdings Inc. 246,300 1,564
  Daikyonishikawa Corp. 302,300 1,563
  Yokogawa Bridge Holdings Corp. 83,600 1,562
1 Nishimatsuya Chain Co. Ltd. 121,800 1,553
  Onward Holdings Co. Ltd. 618,856 1,551
1 Ringer Hut Co. Ltd. 79,100 1,516
  Nissha Co. Ltd. 118,560 1,509
  LITALICO Inc. 60,400 1,507
  Hosiden Corp. 150,467 1,502
1 Ryobi Ltd. 157,787 1,502

    Shares Market
Value
($000)
  Future Corp. 116,600 1,496
  ValueCommerce Co. Ltd. 48,000 1,480
  SAMTY Co. Ltd. 81,100 1,473
  SBS Holdings Inc. 47,700 1,471
  Intage Holdings Inc. 95,700 1,462
  KYB Corp. 55,600 1,447
  Prestige International Inc. 227,400 1,445
  San-Ai Oil Co. Ltd. 177,200 1,444
1 Tamura Corp. 253,900 1,443
  Roland Corp. 37,800 1,442
  Fujimori Kogyo Co. Ltd. 40,500 1,440
  COLOPL Inc. 261,400 1,439
  Osaka Organic Chemical Industry Ltd. 51,100 1,407
  Futaba Corp. 238,232 1,398
  Shizuoka Gas Co. Ltd. 159,000 1,388
  Furukawa Co. Ltd. 123,798 1,386
  Osaka Soda Co. Ltd. 52,200 1,386
  Nippon Pillar Packing Co. Ltd. 47,600 1,386
  Bunka Shutter Co. Ltd. 149,000 1,363
  Aida Engineering Ltd. 148,306 1,357
  Riso Kagaku Corp. 75,684 1,357
  Unipres Corp. 191,480 1,339
  Japan Wool Textile Co. Ltd. 174,389 1,335
  Cybozu Inc. 107,400 1,332
  Pasona Group Inc. 60,000 1,327
1 Pharma Foods International Co. Ltd. 93,016 1,321
  Genky DrugStores Co. Ltd. 41,900 1,315
* W-Scope Corp. 173,000 1,315
  Organo Corp. 17,800 1,302
  Keiyo Bank Ltd. 311,800 1,300
  Giken Ltd. 38,100 1,300
  Sanyo Chemical Industries Ltd. 28,454 1,297
  Noritz Corp. 87,787 1,291
  T Hasegawa Co. Ltd. 58,400 1,282
  Eiken Chemical Co. Ltd. 83,300 1,249
  Kaga Electronics Co. Ltd. 47,900 1,241
  Noritsu Koki Co. Ltd. 69,100 1,241
  Iino Kaiun Kaisha Ltd. 263,536 1,237
  Mizuno Corp. 63,956 1,231
  Sanyo Denki Co. Ltd. 26,400 1,231
  Raiznext Corp. 122,300 1,229
  Shima Seiki Manufacturing Ltd. 80,200 1,213
  Nippon Signal Co. Ltd. 155,016 1,208
  Micronics Japan Co. Ltd. 86,500 1,193
  Mitsui-Soko Holdings Co. Ltd. 57,252 1,193
  San ju San Financial Group Inc. 89,752 1,192
  Shoei Foods Corp. 34,400 1,189
  Ricoh Leasing Co. Ltd. 36,506 1,185
  Nippon Kanzai Co. Ltd. 48,100 1,182
  MEC Co. Ltd. 42,000 1,182
  Nissan Shatai Co. Ltd. 195,200 1,173
1 Aeon Hokkaido Corp. 125,500 1,170
  Restar Holdings Corp. 68,600 1,167
  Kurabo Industries Ltd. 71,200 1,165
  Trancom Co. Ltd. 16,400 1,164
* Leopalace21 Corp. 791,500 1,162
  Curves Holdings Co. Ltd. 189,608 1,157
  Bank of the Ryukyus Ltd. 165,067 1,151

    Shares Market
Value
($000)
  Hirata Corp. 22,811 1,150
  Maruzen Showa Unyu Co. Ltd. 41,400 1,149
  Usen-Next Holdings Co. Ltd. 54,600 1,149
  Takara Leben Real Estate Investment Corp. 1,129 1,142
  Belc Co. Ltd. 24,300 1,141
  Exedy Corp. 77,100 1,132
  Sanyo Special Steel Co. Ltd. 60,370 1,132
  Nippon Road Co. Ltd. 15,500 1,129
  Pressance Corp. 61,148 1,117
  Starts Proceed Investment Corp. 595 1,115
  Star Micronics Co. Ltd. 87,798 1,113
  Yuasa Trading Co. Ltd. 44,000 1,113
1 Kisoji Co. Ltd. 58,260 1,112
  Plenus Co. Ltd. 64,900 1,109
  Solasto Corp. 119,200 1,096
  Itochu Enex Co. Ltd. 125,400 1,095
  Shikoku Chemicals Corp. 87,600 1,090
  Argo Graphics Inc. 39,900 1,089
  Keihanshin Building Co. Ltd. 94,100 1,089
  Bell System24 Holdings Inc. 88,100 1,088
  Fukushima Galilei Co. Ltd. 29,600 1,087
  Retail Partners Co. Ltd. 104,800 1,082
  Yellow Hat Ltd. 77,900 1,080
  Carta Holdings Inc. 64,500 1,076
  Nohmi Bosai Ltd. 58,400 1,074
  Nippon Ceramic Co. Ltd. 50,000 1,069
  Axial Retailing Inc. 37,430 1,065
  Chugoku Marine Paints Ltd. 132,300 1,062
  Kanematsu Electronics Ltd. 32,200 1,062
  J Trust Co. Ltd. 250,600 1,053
  Oiles Corp. 75,208 1,053
  Ishihara Sangyo Kaisha Ltd. 105,400 1,052
  METAWATER Co. Ltd. 59,200 1,050
  Wakita & Co. Ltd. 118,600 1,046
  Hamakyorex Co. Ltd. 41,700 1,036
  Nishio Rent All Co. Ltd. 42,200 1,034
  Siix Corp. 89,800 1,024
  Weathernews Inc. 15,000 1,023
  Kyokuto Kaihatsu Kogyo Co. Ltd. 80,000 1,019
  Mitsuboshi Belting Ltd. 54,700 1,009
  FULLCAST Holdings Co. Ltd. 53,246 1,002
  Toyo Tanso Co. Ltd. 38,910 1,000
  Insource Co. Ltd. 62,500 999
  Airtrip Corp. 40,018 996
  HI-LEX Corp. 82,500 992
  Aichi Bank Ltd. 23,504 987
  Fujicco Co. Ltd. 58,605 987
1 Doutor Nichires Holdings Co. Ltd. 70,737 985
  Komatsu Matere Co. Ltd. 90,800 984
  Konishi Co. Ltd. 68,900 982
  Taihei Dengyo Kaisha Ltd. 41,500 982
  IDOM Inc. 170,100 981
  Fujibo Holdings Inc. 29,300 979
1 Tokyo Electron Device Ltd. 20,300 978
  Nippon Carbon Co. Ltd. 28,100 978
* Atrae Inc. 56,816 977
  Teikoku Sen-I Co. Ltd. 55,984 976
  Japan Pulp & Paper Co. Ltd. 28,000 975

    Shares Market
Value
($000)
  Toyo Construction Co. Ltd. 195,600 975
  Nippon Koei Co. Ltd. 37,500 974
  Takasago International Corp. 39,600 971
  Zuken Inc. 37,500 970
  Koa Corp. 76,100 969
1 Toa Corp. 45,800 969
  Avex Inc. 86,400 968
  Nippon Thompson Co. Ltd. 181,300 968
  SWCC Showa Holdings Co. Ltd. 61,500 967
  Nitto Kogyo Corp. 71,588 963
  Tokyo Kiraboshi Financial Group Inc. 70,266 963
  Piolax Inc. 63,200 960
1 Tama Home Co. Ltd. 47,000 958
  KFC Holdings Japan Ltd. 38,100 954
  Sakata INX Corp. 113,300 954
  DyDo Group Holdings Inc. 22,944 948
  Arcland Sakamoto Co. Ltd. 69,300 946
  Shin-Etsu Polymer Co. Ltd. 97,700 936
  RS Technologies Co. Ltd. 18,400 933
  Relia Inc. 109,500 926
  Midac Holdings Co. Ltd. 39,410 924
  Hokuto Corp. 54,424 923
  ESPEC Corp. 51,908 922
  Joshin Denki Co. Ltd. 50,326 917
1 Toho Zinc Co. Ltd. 43,978 913
  SKY Perfect JSAT Holdings Inc. 242,500 913
  VT Holdings Co. Ltd. 234,900 912
  Daiichi Jitsugyo Co. Ltd. 24,900 908
  Base Co. Ltd. 25,300 904
  Chofu Seisakusho Co. Ltd. 52,700 903
  Sakai Moving Service Co. Ltd. 23,600 903
  Valqua Ltd. 40,400 899
  Nittetsu Mining Co. Ltd. 16,000 895
  Uchida Yoko Co. Ltd. 22,600 895
  Riso Kyoiku Co. Ltd. 250,300 891
  NS United Kaiun Kaisha Ltd. 33,400 889
  Fuji Co. Ltd. 53,400 882
  Tsukishima Kikai Co. Ltd. 92,600 882
  Infocom Corp. 53,940 860
  Bando Chemical Industries Ltd. 113,000 859
  Obara Group Inc. 29,540 856
  Seikagaku Corp. 104,564 856
  Aomori Bank Ltd. 51,361 855
  TechMatrix Corp. 60,000 854
  PAL GROUP Holdings Co. Ltd. 58,500 853
  Sinko Industries Ltd. 53,441 850
  Torii Pharmaceutical Co. Ltd. 34,100 848
* Nippon Chemi-Con Corp. 59,481 845
  Tenma Corp. 38,700 845
  Hosokawa Micron Corp. 33,200 844
  Yokorei Co. Ltd. 113,600 844
  TOC Co. Ltd. 134,946 840
  Mimasu Semiconductor Industry Co. Ltd. 39,000 838
  Toho Titanium Co. Ltd. 105,900 824
  Yondoshi Holdings Inc. 53,700 821
  T-Gaia Corp. 56,500 820
  Union Tool Co. 25,300 820
  ARTERIA Networks Corp. 69,200 820

    Shares Market
Value
($000)
  Tsurumi Manufacturing Co. Ltd. 55,100 818
* SRE Holdings Corp. 20,896 810
  Koshidaka Holdings Co. Ltd. 149,008 809
  Tokushu Tokai Paper Co. Ltd. 22,400 807
  Marudai Food Co. Ltd. 59,118 806
  YAMABIKO Corp. 87,700 800
  Belluna Co. Ltd. 126,200 799
1 Keiyo Co. Ltd. 106,300 797
  Sanyo Electric Railway Co. Ltd. 45,484 796
  Key Coffee Inc. 44,393 795
  Japan Transcity Corp. 140,592 791
  Fukui Bank Ltd. 63,655 790
1 Nippon Denko Co. Ltd. 297,590 790
  Hibiya Engineering Ltd. 47,800 787
*,1 giftee Inc. 74,104 787
  gremz Inc. 46,800 786
  Doshisha Co. Ltd. 59,300 785
  Samty Residential Investment Corp. 771 784
  Press Kogyo Co. Ltd. 234,000 782
  Inageya Co. Ltd. 64,000 781
* Aoyama Trading Co. Ltd. 131,800 779
  Konoike Transport Co. Ltd. 75,600 775
  Sintokogio Ltd. 128,500 774
  Chilled & Frozen Logistics Holdings Co. Ltd. 64,600 774
  Ines Corp. 59,200 772
  Meisei Industrial Co. Ltd. 126,000 772
  Nippon Yakin Kogyo Co. Ltd. 38,679 771
  Kyoei Steel Ltd. 56,712 771
  Pacific Metals Co. Ltd. 38,608 769
  Daiken Corp. 41,200 760
  Ehime Bank Ltd. 93,400 754
  Tachi-S Co. Ltd. 72,100 753
* Kappa Create Co. Ltd. 64,088 752
  Miyazaki Bank Ltd. 40,793 750
  Daito Pharmaceutical Co. Ltd. 30,900 749
  Direct Marketing MiX Inc. 60,800 749
  Tamron Co. Ltd. 34,300 748
  Fujio Food Group Inc. 66,000 747
  Elan Corp. 84,800 746
  Tokai Corp. 47,400 745
  Starzen Co. Ltd. 42,200 745
  Modec Inc. 73,888 741
  Sinfonia Technology Co. Ltd. 70,200 740
* Vision Inc. 84,065 733
  Asahi Diamond Industrial Co. Ltd. 137,622 730
  Dai-Dan Co. Ltd. 37,100 730
  Hodogaya Chemical Co. Ltd. 15,300 729
  Sakai Chemical Industry Co. Ltd. 40,109 728
  Yonex Co. Ltd. 116,700 728
  Roland DG Corp. 30,700 727
  J-Oil Mills Inc. 49,200 727
  Kyokuyo Co. Ltd. 26,400 725
  Marusan Securities Co. Ltd. 159,455 722
  Pack Corp. 30,700 719
  Qol Holdings Co. Ltd. 61,699 719
  Arcland Service Holdings Co. Ltd. 37,800 717
  V Technology Co. Ltd. 23,500 716
  Shin Nippon Biomedical Laboratories Ltd. 66,900 715

    Shares Market
Value
($000)
  Matsuda Sangyo Co. Ltd. 34,700 712
  Hoosiers Holdings 118,700 711
  Okabe Co. Ltd. 109,835 710
  Komori Corp. 118,300 709
  Dainichiseika Color & Chemicals Manufacturing Co. Ltd. 35,803 707
  Canon Electronics Inc. 49,794 704
  Takamatsu Construction Group Co. Ltd. 40,600 703
  G-7 Holdings Inc. 58,200 703
  Sumitomo Densetsu Co. Ltd. 38,500 702
  Hakuto Co. Ltd. 31,500 700
  Daiwa Industries Ltd. 71,000 699
  Alpen Co. Ltd. 40,000 696
  Aichi Steel Corp. 30,902 695
  Geo Holdings Corp. 70,400 695
  Mitsui DM Sugar Holdings Co. Ltd. 40,400 695
  Oita Bank Ltd. 41,307 692
  Goldcrest Co. Ltd. 43,980 689
  Eagle Industry Co. Ltd. 71,700 687
  Tachibana Eletech Co. Ltd. 50,534 687
  Matsuyafoods Holdings Co. Ltd. 22,100 686
  Sun Frontier Fudousan Co. Ltd. 75,000 681
  Shinko Shoji Co. Ltd. 87,100 680
1 Rock Field Co. Ltd. 50,968 679
  Maxvalu Tokai Co. Ltd. 28,400 679
  JAC Recruitment Co. Ltd. 38,700 673
  JVCKenwood Corp. 436,740 673
  Akita Bank Ltd. 44,500 670
  Nichiden Corp. 35,000 670
  Proto Corp. 57,600 669
  Toyo Kanetsu KK 30,600 667
* Matsuya Co. Ltd. 106,800 663
  Enplas Corp. 25,953 658
  Shikoku Bank Ltd. 94,940 658
1 Ryoyo Electro Corp. 34,642 656
  G-Tekt Corp. 54,500 655
  Tosei Corp. 71,500 655
1 Broadleaf Co. Ltd. 214,500 655
  Ichikoh Industries Ltd. 148,566 654
  I'll Inc. 59,700 654
  Alconix Corp. 55,814 653
  Daido Metal Co. Ltd. 119,200 652
  Sinanen Holdings Co. Ltd. 24,700 652
  Shin Nippon Air Technologies Co. Ltd. 36,200 645
  Poletowin Pitcrew Holdings Inc. 78,500 644
*,1 PIA Corp. 23,100 642
  Mori Trust Hotel REIT Inc. 622 640
  Sanshin Electronics Co. Ltd. 48,800 637
  Mie Kotsu Group Holdings Inc. 156,900 637
  YA-MAN Ltd. 80,300 637
  Sumitomo Seika Chemicals Co. Ltd. 23,600 633
  Nichireki Co. Ltd. 57,100 633
  Cawachi Ltd. 31,400 632
  Takara Leben Co. Ltd. 231,000 629
1 Vector Inc. 74,100 629
  CMK Corp. 126,600 627
  DKK Co. Ltd. 30,880 627
1 Taiko Pharmaceutical Co. Ltd. 119,237 626
  Tess Holdings Co. Ltd. 48,400 621

    Shares Market
Value
($000)
  KeePer Technical Laboratory Co. Ltd. 37,436 618
  Computer Engineering & Consulting Ltd. 65,970 617
  Riken Vitamin Co. Ltd. 41,700 617
  Yukiguni Maitake Co. Ltd. 60,600 615
  Warabeya Nichiyo Holdings Co. Ltd. 36,100 613
  Vital KSK Holdings Inc. 90,700 613
  Chubu Shiryo Co. Ltd. 68,600 610
  Itochu-Shokuhin Co. Ltd. 14,400 610
* Mitsui E&S Holdings Co. Ltd. 198,700 605
* Shindengen Electric Manufacturing Co. Ltd. 20,500 604
1 Onoken Co. Ltd. 42,100 603
  Aiphone Co. Ltd. 31,600 600
  Anest Iwata Corp. 88,700 600
  Link And Motivation Inc. 150,500 596
  Yurtec Corp. 99,400 593
  Denyo Co. Ltd. 40,000 589
  FIDEA Holdings Co. Ltd. 47,920 582
* Open Door Inc. 43,200 579
  Sparx Group Co. Ltd. 254,600 579
1 Furuno Electric Co. Ltd. 65,700 577
* Oriental Shiraishi Corp. 275,894 575
  Alpha Systems Inc. 18,200 574
  YAKUODO Holdings Co. Ltd. 28,300 574
  Tonami Holdings Co. Ltd. 17,600 573
  Fujiya Co. Ltd. 28,900 572
  Marvelous Inc. 88,000 570
  Futaba Industrial Co. Ltd. 156,600 568
  Ichiyoshi Securities Co. Ltd. 96,700 568
  Okuwa Co. Ltd. 71,500 568
* Kintetsu Department Store Co. Ltd. 24,500 566
1 Taki Chemical Co. Ltd. 12,300 565
  Toyo Corp. 61,817 564
1 Kansai Super Market Ltd. 62,800 560
  Nippon Coke & Engineering Co. Ltd. 494,700 559
  Nissei ASB Machine Co. Ltd. 20,600 556
1 Tanseisha Co. Ltd. 88,300 554
  Mitsubishi Research Institute Inc. 17,000 553
  EM Systems Co. Ltd. 97,700 552
1 GMO GlobalSign Holdings KK 18,778 549
  Tekken Corp. 34,800 548
  DKS Co. Ltd. 21,300 548
  Riken Technos Corp. 132,700 547
  Medical Data Vision Co. Ltd. 61,800 547
  Shinwa Co. Ltd. 30,900 544
  CONEXIO Corp. 44,800 541
  Riken Corp. 23,600 537
1 Halows Co. Ltd. 22,300 536
  Miroku Jyoho Service Co. Ltd. 51,200 536
  Ryoden Corp. 35,500 532
  Tayca Corp. 46,232 532
  Toenec Corp. 19,200 532
* TSI Holdings Co. Ltd. 193,600 531
  Teikoku Electric Manufacturing Co. Ltd. 46,000 529
  Stella Chemifa Corp. 24,200 528
  Kamei Corp. 60,500 528
  Tosho Co. Ltd. 41,800 528
  Nichiban Co. Ltd. 34,300 527
  Melco Holdings Inc. 16,600 527

    Shares Market
Value
($000)
  Fukuda Corp. 13,900 522
  AOKI Holdings Inc. 102,004 521
  Happinet Corp. 39,600 518
  Nippon Rietec Co. Ltd. 43,100 517
  ASAHI YUKIZAI Corp. 33,211 516
  Icom Inc. 25,200 516
  Nagatanien Holdings Co. Ltd. 30,400 516
  SB Technology Corp. 24,800 516
  Daikokutenbussan Co. Ltd. 13,100 514
  Kanagawa Chuo Kotsu Co. Ltd. 17,700 512
  Aisan Industry Co. Ltd. 85,100 511
  LEC Inc. 64,548 511
  CI Takiron Corp. 106,200 510
  Optorun Co. Ltd. 24,900 509
  Tochigi Bank Ltd. 261,512 508
*,1 Japan Display Inc. 1,571,600 508
  Advan Group Co. Ltd. 60,400 506
  JM Holdings Co. Ltd. 35,700 505
1 Raccoon Holdings Inc. 47,462 500
  Gakken Holdings Co. Ltd. 54,400 497
  Aichi Corp. 69,900 495
  Sumida Corp. 56,109 493
  Rheon Automatic Machinery Co. Ltd. 53,615 491
  Sumitomo Riko Co. Ltd. 95,800 490
  WingArc1st Inc. 43,500 490
  K&O Energy Group Inc. 37,200 488
  WDB Holdings Co. Ltd. 20,712 488
  Moriroku Holdings Co. Ltd. 29,100 487
1 World Holdings Co. Ltd. 24,000 485
1 Hito Communications Holdings Inc. 26,766 483
  Koatsu Gas Kogyo Co. Ltd. 73,900 482
1 Studio Alice Co. Ltd. 25,700 482
*,1 Sagami Holdings Corp. 52,496 481
  Chiyoda Integre Co. Ltd. 30,000 480
  Kyodo Printing Co. Ltd. 20,600 479
  Feed One Co. Ltd. 77,820 479
  ASKA Pharmaceutical Holdings Co. Ltd. 55,900 479
  JDC Corp. 103,300 478
  Kyosan Electric Manufacturing Co. Ltd. 129,100 476
  Nippon Parking Development Co. Ltd. 403,300 476
  Chukyo Bank Ltd. 32,600 474
  Iseki & Co. Ltd. 40,887 474
  SRA Holdings 19,100 474
1 Media Do Co. Ltd. 21,321 474
  CTS Co. Ltd. 69,742 472
  Shibusawa Warehouse Co. Ltd. 25,309 472
  Torishima Pump Manufacturing Co. Ltd. 58,500 472
  Amuse Inc. 26,700 471
  Nihon Nohyaku Co. Ltd. 102,400 471
* World Co. Ltd. 46,800 470
  Neturen Co. Ltd. 90,200 468
  Xebio Holdings Co. Ltd. 59,708 468
  Nissin Sugar Co. Ltd. 31,325 468
  Fukui Computer Holdings Inc. 17,900 467
  Sankyo Seiko Co. Ltd. 93,397 463
* WATAMI Co. Ltd. 59,400 463
  Digital Holdings Inc. 40,945 462
  Fudo Tetra Corp. 32,820 461

    Shares Market
Value
($000)
  Shinnihon Corp. 69,800 456
  ES-Con Japan Ltd. 68,100 454
  BRONCO BILLY Co. Ltd. 24,200 454
  Dai Nippon Toryo Co. Ltd. 64,600 453
*,1 Fujita Kanko Inc. 22,400 453
  Osaki Electric Co. Ltd. 112,600 452
  Yahagi Construction Co. Ltd. 67,700 451
  Arakawa Chemical Industries Ltd. 44,600 450
  Topy Industries Ltd. 46,979 449
  Enigmo Inc. 83,000 449
  France Bed Holdings Co. Ltd. 57,600 447
  Chori Co. Ltd. 28,700 443
  Bank of Saga Ltd. 33,500 442
  Tokyo Energy & Systems Inc. 54,100 440
* Optim Corp. 51,838 439
1 Sanoh Industrial Co. Ltd. 60,600 437
  Rokko Butter Co. Ltd. 33,000 434
  Toa Oil Co. Ltd. 15,400 433
  V-Cube Inc. 63,765 433
  JSP Corp. 30,700 431
  Nippon Beet Sugar Manufacturing Co. Ltd. 29,200 431
  Chiyoda Co. Ltd. 64,200 429
  Kanaden Corp. 46,900 421
  Towa Bank Ltd. 91,400 421
  Krosaki Harima Corp. 10,600 420
  Ministop Co. Ltd. 33,100 420
  Nissin Corp. 30,400 420
  Yorozu Corp. 49,976 420
  Japan Medical Dynamic Marketing Inc. 32,118 420
  Hochiki Corp. 40,100 419
  Kurimoto Ltd. 30,800 419
*,1 KNT-CT Holdings Co. Ltd. 35,800 418
  Cosel Co. Ltd. 58,400 417
* Unitika Ltd. 154,800 416
  Kenko Mayonnaise Co. Ltd. 35,300 413
  Toa Corp. (XTKS) 58,900 410
  Asahi Co. Ltd. 33,500 409
  Nitto Kohki Co. Ltd. 28,100 407
  Shimizu Bank Ltd. 28,600 407
  Nihon Chouzai Co. Ltd. 34,900 405
  Maezawa Kyuso Industries Co. Ltd. 47,000 403
  Hokkaido Gas Co. Ltd. 30,800 402
* BrainPad Inc. 41,157 402
  Sanei Architecture Planning Co. Ltd. 28,800 401
  Kyokuto Securities Co. Ltd. 61,100 400
  Tomoku Co. Ltd. 26,300 399
  ST Corp. 30,300 398
  Elematec Corp. 43,300 393
  Sankyo Tateyama Inc. 72,000 392
  Hisaka Works Ltd. 54,100 391
  Achilles Corp. 36,300 391
  Kawada Technologies Inc. 11,500 388
  Fuji Pharma Co. Ltd. 43,800 379
  ZIGExN Co. Ltd. 150,100 378
  Honeys Holdings Co. Ltd. 41,790 376
  Fixstars Corp. 58,700 376
  Pronexus Inc. 39,035 373
  Central Security Patrols Co. Ltd. 18,595 373

    Shares Market
Value
($000)
  NEC Capital Solutions Ltd. 20,400 373
  Taisei Lamick Co. Ltd. 15,600 371
  FAN Communications Inc. 111,900 369
  Tatsuta Electric Wire and Cable Co. Ltd. 92,400 368
* OSAKA Titanium Technologies Co. Ltd. 50,800 367
* Mitsuba Corp. 106,024 367
  Fuso Pharmaceutical Industries Ltd. 19,700 361
*,1 Toho Co. Ltd. 38,200 359
  Ubicom Holdings Inc. 18,700 358
  Okura Industrial Co. Ltd. 20,700 356
  Yamashin-Filter Corp. 98,613 356
  Mars Group Holdings Corp. 25,000 354
1 Japan Best Rescue System Co. Ltd. 46,265 351
  Seika Corp. 25,800 349
  I-PEX Inc. 22,900 344
  MTI Ltd. 70,000 342
  Yushin Precision Equipment Co. Ltd. 55,200 338
  Takaoka Toko Co. Ltd. 27,400 337
  Foster Electric Co. Ltd. 51,985 335
  Artnature Inc. 54,800 334
  Central Sports Co. Ltd. 15,675 332
  Aeon Fantasy Co. Ltd. 19,800 332
  Akatsuki Inc. 14,200 331
  Hokkan Holdings Ltd. 26,800 329
  Nihon Trim Co. Ltd. 11,900 323
  Nippon Sharyo Ltd. 18,500 321
  Osaka Steel Co. Ltd. 31,000 319
  LIFULL Co. Ltd. 165,500 319
1 Kitanotatsujin Corp. 164,400 319
  CAC Holdings Corp. 27,600 318
1 Sourcenext Corp. 232,000 318
  JP-Holdings Inc. 155,400 317
  Fibergate Inc. 33,349 312
* KLab Inc. 81,060 310
1 Kamakura Shinsho Ltd. 69,600 310
  CMIC Holdings Co. Ltd. 23,900 309
* Akebono Brake Industry Co. Ltd. 206,583 308
* Kourakuen Holdings Corp. 26,400 307
  Nisso Corp. 44,600 307
  Ebase Co. Ltd. 68,800 306
  Godo Steel Ltd. 24,700 305
* Istyle Inc. 180,200 300
  Nihon Tokushu Toryo Co. Ltd. 40,500 299
* Gurunavi Inc. 93,300 299
* COOKPAD Inc. 137,800 296
1 Kojima Co. Ltd. 63,300 291
1 Oro Co. Ltd. 13,967 290
1 Tokyo Individualized Educational Institute Inc. 55,312 288
  Chuo Spring Co. Ltd. 43,600 286
  Tsutsumi Jewelry Co. Ltd. 18,200 286
  Zuiko Corp. 41,300 284
  Sekisui Kasei Co. Ltd. 69,300 280
  Tv Tokyo Holdings Corp. 16,000 277
*,1 Gunosy Inc. 42,000 273
  Corona Corp. Class A 34,900 270
*,1 FDK Corp. 36,714 269
  Shimojima Co. Ltd. 29,900 267
  Taiho Kogyo Co. Ltd. 37,900 263

    Shares Market
Value
($000)
1 Inaba Seisakusho Co. Ltd. 22,200 245
  Katakura Industries Co. Ltd. 12,000 238
  Ateam Inc. 36,900 233
  Airport Facilities Co. Ltd. 48,700 232
  Tokyo Rakutenchi Co. Ltd. 6,900 231
* Jamco Corp. 32,200 230
  Ohara Inc. 24,388 230
  Sac's Bar Holdings Inc. 50,650 229
1 Daisyo Corp. 25,700 227
  Kanamic Network Co. Ltd. 56,600 224
* Tokyo Base Co. Ltd. 56,200 222
  Wowow Inc. 15,000 217
  PC Depot Corp. 84,840 213
  Gecoss Corp. 29,900 209
  Cleanup Corp. 43,800 204
* CHIMNEY Co. Ltd. 20,000 204
1 Chuetsu Pulp & Paper Co. Ltd. 23,500 201
  Takamiya Co. Ltd. 56,000 198
1 Takihyo Co. Ltd. 15,800 193
1 Robot Home Inc. 94,100 183
1 Furukawa Battery Co. Ltd. 16,055 179
*,1 TerraSky Co. Ltd. 14,210 178
* Right On Co. Ltd. 28,800 174
  Nakayama Steel Works Ltd. 41,900 158
  Linical Co. Ltd. 28,300 157
*,1 Edulab Inc. 20,600 137
* Heroz Inc. 14,100 118
  Yamanashi Chuo Bank Ltd. 10,562 86
* RPA Holdings Inc. 18,900 54
*,1 Laox Co. Ltd. 9,900 13
* Daibiru Corp. 600 12
1 Grace Technology Inc. 88,406 11
      1,423,898
Kuwait (0.1%)
* National Industries Group Holding SAK 4,979,493 4,841
* Warba Bank KSCP 4,920,075 4,595
  Qurain Petrochemical Industries Co. 1,863,127 2,397
* Kuwait International Bank KSCP 1,931,001 1,417
  Kuwait Projects Co. Holding KSCP 2,494,670 1,353
* Alimtiaz Investment Group KSC 2,345,468 970
* Integrated Holding Co. KCSC 451,360 558
      16,131
Malaysia (0.7%)
  Inari Amertron Bhd. 11,108,700 8,876
  TIME dotCom Bhd. 4,288,400 4,373
  My EG Services Bhd. 17,227,700 4,018
  Frontken Corp. Bhd. 4,432,450 3,422
  Bursa Malaysia Bhd. 2,051,254 3,071
  VS Industry Bhd. 10,478,550 3,022
  Carlsberg Brewery Malaysia Bhd. 618,100 2,985
  D&O Green Technologies Bhd. 2,372,400 2,797
  Sunway REIT 7,979,800 2,650
  Malaysian Pacific Industries Bhd. 269,200 2,567
  IGB REIT 6,976,000 2,565
  Genting Plantations Bhd. 1,590,673 2,453
  Heineken Malaysia Bhd. 448,700 2,198
  Pentamaster Corp. Bhd. 2,172,550 2,138

    Shares Market
Value
($000)
  Yinson Holdings Bhd. 1,583,800 2,085
  Kossan Rubber Industries Bhd. 4,820,800 2,075
  Malakoff Corp. Bhd. 11,626,300 2,037
  Sunway Bhd. 4,617,688 1,887
  ViTrox Corp. Bhd. 959,600 1,879
  KPJ Healthcare Bhd. 7,488,500 1,861
  Scientex Bhd. 1,616,800 1,773
  UWC Bhd. 1,531,700 1,728
* Bumi Armada Bhd. 12,390,100 1,646
  Axis REIT 3,690,600 1,641
  Mega First Corp. Bhd. 1,936,800 1,634
  YTL Power International Bhd. 9,030,200 1,350
  UMW Holdings Bhd 1,926,300 1,349
  Berjaya Sports Toto Bhd. 2,794,057 1,270
* SP Setia Bhd. Group 3,723,700 1,097
  Magnum Bhd. 2,115,492 953
2 Lotte Chemical Titan Holding Bhd. 1,748,705 934
  AEON Credit Service M Bhd. 261,200 916
  DRB-Hicom Bhd. 2,292,227 802
  Malaysia Building Society Bhd. 5,657,600 773
  BerMaz Auto Bhd. 1,701,440 670
* Berjaya Corp. Bhd. 11,511,863 665
  Padini Holdings Bhd. 954,100 656
  Malaysian Resources Corp. Bhd. 7,777,538 634
* Velesto Energy Bhd. 18,647,080 630
  Syarikat Takaful Malaysia Keluarga Bhd. 688,500 600
  Cahya Mata Sarawak Bhd. 1,862,300 550
  Leong Hup International Bhd. 3,434,200 453
* Sapura Energy Bhd. 39,906,700 426
* UEM Sunrise Bhd. 4,211,200 314
* WCT Holdings Bhd. 2,548,151 311
* Sunway Bhd. Warrants Exp. 10/3/24 385,748 36
* Velesto Energy Bhd. Warrants Exp. 10/18/24 2,470,020 27
3 Serba Dinamik Holdings Bhd. 321,400 27
*,3 Serba Dinamik Holdings Bhd. Warrants Exp. 12/5/24 878,820 15
* Malaysian Resources Corp. Bhd. Warrants Exp. 10/29/27 430,554 8
      82,847
Mexico (0.4%)
  Corp. Inmobiliaria Vesta SAB de CV 2,837,642 5,375
  PLA Administradora Industrial S de RL de CV 3,672,563 5,140
  Regional SAB de CV 784,192 4,496
  Prologis Property Mexico SA de CV 1,705,203 4,241
2 Macquarie Mexico Real Estate Management SA de CV 3,621,702 4,219
* Alsea SAB de CV 1,881,700 3,860
  Bolsa Mexicana de Valores SAB de CV 2,194,666 3,743
  Genomma Lab Internacional SAB de CV Class B 3,281,680 3,260
  Grupo Comercial Chedraui SA de CV 1,269,138 2,554
  La Comer SAB de CV 1,535,507 2,553
* Gentera SAB de CV 3,172,025 2,274
*,2 Grupo Traxion SAB de CV 1,216,781 1,936
*,2 Nemak SAB de CV 7,172,987 1,878
  Grupo Herdez SAB de CV 644,383 1,065
* Axtel SAB de CV 4,677,908 771
* Unifin Financiera SAB de CV 527,529 730
  Grupo Rotoplas SAB de CV 499,379 645
* Credito Real SAB de CV SOFOM ER 483,536 129
      48,869

    Shares Market
Value
($000)
Netherlands (1.2%)
  Arcadis NV 271,330 11,878
* OCI NV 364,838 9,985
  APERAM SA 173,512 9,777
  SBM Offshore NV 598,772 9,476
  TKH Group NV GDR 162,383 9,370
  Corbion NV 219,448 9,163
*,2 Basic-Fit NV 170,157 8,118
  Boskalis Westminster 284,971 8,068
  PostNL NV 1,856,717 7,954
*,2 Intertrust NV 333,770 7,256
* Accell Group NV 88,947 5,789
  Eurocommercial Properties NV 200,073 4,838
  AMG Advanced Metallurgical Group NV 124,918 4,299
2 Flow Traders 101,160 3,924
* Sligro Food Group NV 134,925 3,442
  NSI NV 78,918 3,272
* Koninklijke BAM Groep NV 915,183 3,056
*,2 Alfen Beheer BV 39,739 2,963
* Fugro NV 365,829 2,925
* TomTom NV 266,142 2,543
  Vastned Retail NV 58,458 1,636
  Wereldhave NV 65,371 1,004
  Brunel International NV 53,114 653
  ForFarmers NV 135,665 617
2 B&S Group Sarl 66,550 538
*,3 SNS Reaal 96,364
      132,544
New Zealand (0.7%)
  EBOS Group Ltd. 373,194 9,594
  Chorus Ltd. 1,761,048 8,064
  Summerset Group Holdings Ltd. 897,483 7,234
  Goodman Property Trust 4,398,686 7,195
  Freightways Ltd. 687,755 5,476
  Precinct Properties New Zealand Ltd. 4,699,025 4,993
  Z Energy Ltd. 1,870,181 4,374
  Argosy Property Ltd. 4,024,783 3,960
  Genesis Energy Ltd. 2,232,333 3,928
  Vital Healthcare Property Trust 1,646,233 3,375
  Kathmandu Holdings Ltd. 2,921,618 2,703
  Skellerup Holdings Ltd. 559,073 2,172
  Arvida Group Ltd. 1,865,034 2,087
  Heartland Group Holdings Ltd. 1,336,691 2,081
  Stride Property Group 1,412,455 1,863
  Vector Ltd. 688,322 1,762
  Oceania Healthcare Ltd. 2,224,315 1,734
* Pushpay Holdings Ltd. 2,283,949 1,639
* Pacific Edge Ltd. 1,998,273 1,428
  Scales Corp. Ltd. 358,946 1,138
* SKY Network Television Ltd. 565,842 900
* Vista Group International Ltd. 652,698 898
* Tourism Holdings Ltd. 485,537 872
* Restaurant Brands New Zealand Ltd. 84,391 806
* Serko Ltd. 222,615 777
* Synlait Milk Ltd. 284,817 592
      81,645

    Shares Market
Value
($000)
Norway (1.5%)
  Storebrand ASA 1,739,872 18,549
* Nordic Semiconductor ASA 578,046 17,127
  Bakkafrost P/F 187,982 12,959
  SpareBank 1 SR-Bank ASA 649,086 9,699
  Borregaard ASA 381,219 8,966
  Kongsberg Gruppen ASA 290,397 8,801
  SpareBank 1 SMN 480,553 7,958
* NEL ASA 5,070,876 6,885
  Subsea 7 SA 840,127 6,316
  Veidekke ASA 411,598 6,152
  Atea ASA 334,961 5,673
2 Entra ASA 237,198 5,224
* Kahoot! ASA 1,158,348 4,651
  TGS ASA 427,938 4,608
*,2 Crayon Group Holding ASA 238,221 4,605
  Austevoll Seafood ASA 346,874 4,594
2 Elkem ASA 1,048,880 3,826
* MPC Container Ships A/S 1,120,612 3,805
2 Sbanken ASA 343,173 3,630
* Frontline Ltd. 451,489 2,972
  DNO ASA 1,697,448 2,492
* Grieg Seafood ASA 235,575 2,436
  Bonheur ASA 56,414 1,975
* Wallenius Wilhelmsen ASA 317,846 1,722
2 BW LPG Ltd. 265,926 1,435
  Sparebank 1 Oestlandet 79,193 1,315
  Stolt-Nielsen Ltd. 68,425 1,239
  BW Offshore Ltd. 372,352 1,139
* Hexagon Composites ASA 339,296 1,046
  Norway Royal Salmon ASA 44,948 977
* BW Energy Ltd. 197,028 511
      163,287
Pakistan (0.2%)
* Lucky Cement Ltd. 815,934 3,162
  Hub Power Co. Ltd. 4,600,584 1,967
  Engro Corp. Ltd. 1,203,707 1,856
  MCB Bank Ltd. 1,860,210 1,695
  Pakistan State Oil Co. Ltd. 944,998 1,005
  Searle Co. Ltd. 1,182,924 933
  Bank Alfalah Ltd. 3,815,256 830
  Pakistan Oilfields Ltd. 368,397 821
  TRG Pakistan 1,551,968 790
  Engro Fertilizers Ltd. 1,631,961 760
  United Bank Ltd. 845,938 670
  Millat Tractors Ltd. 104,854 525
  SUI Northern Gas Pipeline 1,679,940 318
* Fauji Cement Co. Ltd. 2,884,307 285
* National Bank of Pakistan 1,415,000 278
  DG Khan Cement Co. Ltd. 613,586 268
  Kot Addu Power Co. Ltd. 797,108 162
  Nishat Mills Ltd. 30,200 14
      16,339
Philippines (0.3%)
* Converge Information and Communications Technology Solutions Inc. 7,254,400 4,374
  Security Bank Corp. 1,924,289 4,061
  AC Energy Corp. 21,502,600 4,040

    Shares Market
Value
($000)
  Robinson's Land Corp. 8,686,397 3,127
  Wilcon Depot Inc. 4,915,900 2,893
  Robinsons Retail Holdings Inc. 2,401,150 2,658
  Century Pacific Food Inc. 3,302,900 1,840
  Manila Water Co. Inc. 3,555,285 1,748
  Nickel Asia Corp. 9,826,874 1,143
  First Gen Corp. 1,848,087 1,018
  D&L Industries Inc. 5,706,000 953
  Vista Land & Lifescapes Inc. 10,577,100 724
  Filinvest Land Inc. 26,483,400 566
* Cebu Air Inc. 519,080 460
*,2 CEMEX Holdings Philippines Inc. 16,558,435 341
      29,946
Poland (0.5%)
* mBank SA 49,812 5,705
* Orange Polska SA 2,714,278 5,255
1 KRUK SA 62,066 5,000
*,1 PGE Polska Grupa Energetyczna SA 2,623,152 4,941
*,1 Alior Bank SA 341,594 4,721
* Grupa Lotos SA 332,045 4,462
  Asseco Poland SA 218,282 4,392
* Bank Millennium SA 2,117,450 4,280
* Tauron Polska Energia SA 3,819,260 2,260
1 Kernel Holding SA 159,081 2,035
*,1 Jastrzebska Spolka Weglowa SA 179,116 1,751
* CCC SA 85,883 1,626
* AmRest Holdings SE 235,679 1,455
  Bank Handlowy w Warszawie SA 91,563 1,417
* Enea SA 706,697 1,331
* Grupa Azoty SA 141,365 1,230
  Ciech SA 82,917 858
  Warsaw Stock Exchange 75,126 746
  Eurocash SA 291,603 738
*,1 Mercator Medical SA 12,363 225
*,3 CAPITEA SA 103,234 95
      54,523
Portugal (0.2%)
* Banco Comercial Portugues SA Class R 29,869,592 5,076
  Navigator Co. SA 1,055,316 3,981
  NOS SGPS SA 934,377 3,682
  REN - Redes Energeticas Nacionais SGPS SA 1,236,286 3,525
  CTT-Correios de Portugal SA 668,692 3,267
  Sonae SGPS SA 2,802,250 3,220
  Altri SGPS SA 193,490 1,238
  Corticeira Amorim SGPS SA 89,764 1,032
* Greenvolt-Energias Renovaveis SA 105,311 713
      25,734
Qatar (0.0%)
* Gulf International Services QSC 4,082,207 2,017
  Al Meera Consumer Goods Co. QSC 256,746 1,381
  Medicare Group 364,165 853
      4,251
Romania (0.0%)
  Societatea Nationala Nuclearelectrica SA 145,074 1,525
  Teraplast SA 3,866,662 950

    Shares Market
Value
($000)
  One United Properties SA 2,844,148 845
      3,320
Russia (0.1%)
2 Detsky Mir PJSC 2,390,633 3,168
  Samolet Group 30,568 1,784
  Mechel PJSC Preference Shares 434,330 1,768
  Novorossiysk Commercial Sea Port PJSC 16,380,500 1,412
* Mechel PJSC 477,169 718
  Rosseti Lenenergo PJSC Preference Shares 305,131 630
  Cherkizovo Group PJSC 13,497 525
  LSR Group PJSC Class A 60,095 512
  Bank St. Petersburg PJSC 464,475 473
  OGK-2 PJSC 54,519,850 418
  IDGC of Centre and Volga Region PJSC 134,310,000 391
  TGC-1 PJSC 2,060,900,000 259
* ENEL RUSSIA PJSC 24,682,000 258
      12,316
Saudi Arabia (0.4%)
* Aldrees Petroleum and Transport Services Co. 193,281 4,038
  Arriyadh Development Co. 462,641 3,348
  Leejam Sports Co. JSC 85,519 2,716
* National Agriculture Development Co. 280,920 2,481
  Al Hammadi Co. for Development and Investment 193,203 2,170
* Methanol Chemicals Co. 209,101 2,164
  Saudi Chemical Co. Holding 228,873 2,134
  Jadwa REIT Saudi Fund 449,083 1,906
  National Gas & Industrialization Co. 131,380 1,898
  Saudi Ceramic Co. 125,575 1,874
* Aseer Trading Tourism & Manufacturing Co. 311,090 1,839
  Eastern Province Cement Co. 138,164 1,674
  Arabian Cement Co. 141,161 1,533
* Saudi Real Estate Co. 256,746 1,454
  Astra Industrial Group 110,612 1,268
  United International Transportation Co. 93,094 1,250
  City Cement Co. 194,888 1,224
* Middle East Healthcare Co. 123,015 1,139
  Najran Cement Co. 223,452 1,119
* Saudi Public Transport Co. 163,910 1,050
  National Medical Care Co. 57,256 1,040
* Dur Hospitality Co. 116,375 1,034
  Northern Region Cement Co. 249,952 926
* Herfy Food Services Co. 52,149 894
* Zamil Industrial Investment Co. 92,227 750
* Mediterranean & Gulf Insurance & Reinsurance Co. 134,289 679
  Bawan Co. 68,299 672
* Al Jouf Cement Co. 191,752 568
* Tabuk Cement Co. 117,247 565
  Hail Cement Co. 131,718 494
* Abdul Mohsen Al-Hokair Tourism and Development Co. 98,777 489
      46,390
Singapore (0.8%)
  Frasers Centrepoint Trust 4,392,408 7,374
  Parkway Life REIT 1,734,481 6,169
  Keppel Infrastructure Trust 13,376,346 5,550
  Haw Par Corp. Ltd. 497,600 4,288
  Manulife US REIT 6,244,488 4,037
  Ascendas India Trust 4,160,700 4,015

    Shares Market
Value
($000)
  ARA LOGOS Logistics Trust 6,398,008 3,914
  Raffles Medical Group Ltd. 3,677,184 3,491
  Starhill Global REIT 7,412,908 3,413
  ESR-REIT 10,734,429 3,382
  CDL Hospitality Trusts 3,899,413 3,281
  CapitaLand China Trust 3,538,099 3,101
  First Resources Ltd. 2,500,529 3,067
  Keppel Pacific Oak US REIT 4,011,300 2,971
  AIMS APAC REIT 2,657,800 2,740
  AEM Holdings Ltd. 796,700 2,678
  iFAST Corp. Ltd. 510,000 2,368
  Cromwell European REIT 822,540 2,144
  OUE Commercial REIT 6,601,709 2,006
  Lendlease Global Commercial REIT 2,846,400 1,734
  SPH REIT 1,969,100 1,403
  Nanofilm Technologies International Ltd. 642,000 1,355
  Sheng Siong Group Ltd. 1,153,400 1,275
  Prime US REIT 1,583,869 1,229
* Thomson Medical Group Ltd. 19,788,100 1,222
  Far East Hospitality Trust 2,631,600 1,085
  Riverstone Holdings Ltd. 1,721,300 899
  Sabana Industrial REIT 2,670,000 871
*,3 Best World International Ltd. 751,600 722
  Frasers Hospitality Trust 2,151,500 710
* COSCO Shipping International Singapore Co. Ltd. 3,208,700 597
  First REIT 2,198,072 498
* Lippo Malls Indonesia Retail Trust 10,070,800 396
  Silverlake Axis Ltd. 2,018,829 353
  Bumitama Agri Ltd. 855,000 349
*,3 Eagle Hospitality Trust 2,004,300 275
  Asian Pay Television Trust 2,111,950 213
*,1,3 Ezra Holdings Ltd. 4,500,399 37
* Yoma Strategic Holdings Ltd. 177,000 18
*,3 Hyflux Ltd. 1,145,286
*,1 Ezion Holdings Ltd. Warrants Exp. 4/16/23 2,195,796
      85,230
South Africa (0.7%)
  Transaction Capital Ltd. 2,382,214 6,724
  Motus Holdings Ltd. 670,834 5,102
*,1 Steinhoff International Holdings NV 15,872,822 5,031
  AECI Ltd. 561,418 4,165
  Super Group Ltd. 1,620,454 3,523
  JSE Ltd. 455,803 3,466
* Imperial Logistics Ltd. 801,083 3,373
  Equites Property Fund Ltd. 2,062,703 2,877
* Thungela Resources Ltd. 466,579 2,855
  Hyprop Investments Ltd. 1,019,595 2,395
  KAP Industrial Holdings Ltd. 8,506,545 2,355
  Vukile Property Fund Ltd. 3,018,014 2,335
  Investec Property Fund Ltd. 2,914,843 2,310
  Omnia Holdings Ltd. 485,723 1,946
  Advtech Ltd. 1,758,369 1,753
  Reunert Ltd. 536,295 1,671
  MAS Real Estate Inc. 1,113,245 1,493
  DRDGOLD Ltd. 1,830,127 1,453
  Astral Foods Ltd. 127,656 1,423
  DataTec Ltd. 573,467 1,423
  Raubex Group Ltd. 574,858 1,400

    Shares Market
Value
($000)
  SA Corporate Real Estate Ltd. 8,506,936 1,327
  Zeder Investments Ltd. 5,782,404 1,248
* Attacq Ltd. 2,449,091 1,232
* Tsogo Sun Gaming Ltd. 1,672,033 1,208
* Famous Brands Ltd. 249,213 1,155
* Massmart Holdings Ltd. 302,790 1,093
* Sun International Ltd. 606,886 1,065
* EPP NV 1,450,713 1,022
  Cashbuild Ltd. 54,154 987
  Wilson Bayly Holmes-Ovcon Ltd. 121,725 882
  Ninety One Ltd. 235,600 806
* Hosken Consolidated Investments Ltd. 167,457 800
  Hudaco Industries Ltd. 84,261 748
  Long4Life Ltd. 1,942,901 731
*,1 Brait plc 2,259,754 712
* Curro Holdings Ltd. 707,664 621
* Blue Label Telecoms Ltd. 1,662,282 554
  Adcock Ingram Holdings Ltd. 167,060 553
  Alexander Forbes Group Holdings Ltd. 1,818,457 502
  Emira Property Fund Ltd. 748,883 492
  Altron Ltd. Class A 629,234 340
      77,151
South Korea (4.4%)
1 L&F Co. Ltd. 78,768 11,642
  DB HiTek Co. Ltd. 136,508 8,720
  Meritz Fire & Marine Insurance Co. Ltd. 225,020 8,667
  Meritz Securities Co. Ltd. 1,205,044 6,141
1 Wemade Co. Ltd. 60,562 6,100
  Hansol Chemical Co. Ltd. 31,653 5,690
  LEENO Industrial Inc. 36,265 5,627
* Kakao Games Corp. 97,370 5,472
1 Iljin Materials Co. Ltd. 64,208 5,189
  Youngone Corp. 125,373 4,884
1 WONIK IPS Co. Ltd. 140,340 4,631
  JB Financial Group Co. Ltd. 640,871 4,371
*,1 Hyosung Advanced Materials Corp. 11,337 4,113
1,3 Osstem Implant Co. Ltd. 34,741 4,112
1 Koh Young Technology Inc. 235,098 4,049
1 Dongjin Semichem Co. Ltd. 121,475 4,026
1 Hyosung TNC Corp. 11,200 3,979
  Kolon Industries Inc. 74,846 3,892
1 LX Semicon Co. Ltd. 33,845 3,881
1 JYP Entertainment Corp. 110,768 3,880
*,1 Hyundai Rotem Co. Ltd. 241,230 3,815
1 Soulbrain Co. Ltd. 18,124 3,755
1 Com2uSCorp 35,952 3,680
1 Meritz Financial Group Inc. 100,204 3,631
1 Ecopro Co. Ltd. 64,120 3,591
1 AfreecaTV Co. Ltd. 27,255 3,576
1 KIWOOM Securities Co. Ltd. 47,449 3,574
* Eubiologics Co. Ltd. 112,299 3,555
  Korean Reinsurance Co. 404,937 3,445
1 Eo Technics Co. Ltd. 37,493 3,383
*,1 SM Entertainment Co. Ltd. 67,235 3,365
*,1 Doosan Fuel Cell Co. Ltd. 113,745 3,333
  Hyundai Elevator Co. Ltd. 108,259 3,304
*,1 KMW Co. Ltd. 118,071 3,222
  Chunbo Co. Ltd. 14,377 3,148

    Shares Market
Value
($000)
* Mezzion Pharma Co. Ltd. 20,377 3,146
  Douzone Bizon Co. Ltd. 70,648 3,132
  CS Wind Corp. 76,435 3,083
* Foosung Co. Ltd. 181,624 2,965
*,1 Hyundai Bioscience Co. Ltd. 120,864 2,891
*,1 ST Pharm Co. Ltd. 32,346 2,885
* HLB Life Science Co. Ltd. 300,531 2,836
  LS Electric Co. Ltd. 68,441 2,825
*,1 Genexine Inc. 69,290 2,812
  Daishin Securities Co. Ltd. 200,077 2,809
1 Daejoo Electronic Materials Co. Ltd. 37,349 2,804
* Humasis Co. Ltd. 114,714 2,760
* Hugel Inc. 24,031 2,749
*,1 Chabiotech Co. Ltd. 188,791 2,664
1 KEPCO Engineering & Construction Co. Inc. 44,627 2,656
* GeneOne Life Science Inc. 254,908 2,614
1 SIMMTECH Co. Ltd. 64,294 2,593
  Samwha Capacitor Co. Ltd. 46,688 2,572
* CosmoAM&T Co. Ltd. 75,557 2,569
*,1 LegoChem Biosciences Inc. 67,163 2,562
1 Hanwha Systems Co. Ltd. 203,080 2,537
*,1 Oscotec Inc. 90,293 2,483
  LOTTE REIT Co. Ltd. 568,580 2,453
1 Dongkuk Steel Mill Co. Ltd. 196,184 2,447
1 Innox Advanced Materials Co. Ltd. 56,681 2,430
  NICE Information Service Co. Ltd. 151,412 2,386
1 Kolmar Korea Co. Ltd. 80,779 2,367
  SFA Engineering Corp. 81,699 2,338
1 Chong Kun Dang Pharmaceutical Corp. 29,705 2,311
  Hanmi Semiconductor Co. Ltd. 72,452 2,303
* Com2uS Holdings Corp. 17,088 2,258
*,1 Hanall Biopharma Co. Ltd. 151,889 2,248
*,1 ABLBio Inc. 94,862 2,237
* SOLUM Co. Ltd. 114,040 2,207
1 Seoul Semiconductor Co. Ltd. 172,787 2,183
  Taekwang Industrial Co. Ltd. 2,570 2,156
*,1 Jusung Engineering Co. Ltd. 116,480 2,149
*,1 NEPES Corp. 79,869 2,126
  Innocean Worldwide Inc. 51,027 2,123
  Hyosung Corp. 30,729 2,120
*,1 CJ CGV Co. Ltd. 116,409 2,115
  Daeduck Electronics Co. Ltd. 111,010 2,090
* Naturecell Co. Ltd. 163,090 2,054
1 Dawonsys Co. Ltd. 84,395 2,025
*,1 Cosmax Inc. 33,173 2,010
1 DongKook Pharmaceutical Co. Ltd. 117,280 1,972
* Creative & Innovative System 154,863 1,962
  Hyundai Autoever Corp. 17,258 1,931
1 Green Cross Holdings Corp. 102,215 1,898
* Pharmicell Co. Ltd. 220,292 1,891
* LX Holdings Corp. 236,380 1,871
* Hana Tour Service Inc. 32,126 1,866
* Next Science Co. Ltd. 140,758 1,860
* Kumho Tire Co. Inc. 543,922 1,841
* Asiana Airlines Inc. 121,767 1,837
1 Daewoong Pharmaceutical Co. Ltd. 16,097 1,773
1 Tesna Inc. 43,910 1,742
1 LIG Nex1 Co. Ltd. 35,448 1,739

    Shares Market
Value
($000)
1 Huchems Fine Chemical Corp. 96,923 1,732
  MegaStudyEdu Co. Ltd. 24,787 1,711
*,1 GemVax & Kael Co. Ltd. 137,093 1,704
  Park Systems Corp. 16,737 1,701
1 Zinus Inc. 30,200 1,691
* Amicogen Inc. 76,502 1,686
1 Hyundai Greenfood Co. Ltd. 262,152 1,684
  Mcnex Co. Ltd. 38,455 1,678
  GC Cell Corp. 28,572 1,675
*,1 Vidente Co. Ltd. 130,621 1,640
1 Doosan Co. Ltd. 19,953 1,634
1 Eugene Technology Co. Ltd. 40,177 1,634
  Ecopro HN Co. Ltd. 39,145 1,603
  Hyundai Home Shopping Network Corp. 31,675 1,595
1 PI Advanced Materials Co. Ltd. 45,579 1,577
  LX International Corp. 76,861 1,576
* Hanwha Investment & Securities Co. Ltd. 383,737 1,573
  Samyang Holdings Corp. 21,136 1,546
* Eoflow Co. Ltd. 82,704 1,546
*,1 NKMax Co. Ltd. 100,151 1,540
1 IS Dongseo Co. Ltd. 38,625 1,537
*,1 YG Entertainment Inc. 36,629 1,536
  JR Global REIT 352,666 1,531
* Hyosung Chemical Corp. 7,601 1,525
1 Ahnlab Inc. 23,594 1,523
1 Tokai Carbon Korea Co. Ltd. 13,998 1,521
1 Sebang Global Battery Co. Ltd. 28,980 1,513
1 Hanjin Transportation Co. Ltd. 64,578 1,499
1 Daewoong Co. Ltd. 72,559 1,489
*,1 Sam Chun Dang Pharm Co. Ltd. 50,402 1,478
  KCC Glass Corp. 29,250 1,443
  HDC Holdings Co. Ltd. 239,608 1,442
*,1 iNtRON Biotechnology Inc. 94,586 1,409
*,1 MedPacto Inc. 47,500 1,408
*,1 Duk San Neolux Co. Ltd. 38,777 1,407
1 S&S Tech Corp. 51,794 1,396
1 SK Discovery Co. Ltd. 42,004 1,387
* TY Holdings Co. Ltd. 70,213 1,379
  ESR Kendall Square REIT Co. Ltd. 284,719 1,378
  Poongsan Corp. 54,616 1,369
*,1 NHN KCP Corp. 67,319 1,368
* Hanjin Heavy Industries & Construction Co. Ltd. 227,068 1,343
  GOLFZON Co. Ltd. 9,827 1,321
1 Posco ICT Co. Ltd. 264,719 1,320
  Korea Electric Terminal Co. Ltd. 24,245 1,319
  BH Co. Ltd. 70,818 1,289
*,1,3 Taihan Electric Wire Co. Ltd. 853,975 1,272
* Hyundai Construction Equipment Co. Ltd. 38,535 1,263
*,1 Yungjin Pharmaceutical Co. Ltd. 316,309 1,247
*,1 Ace Technologies Corp. 127,810 1,247
1 RFHIC Corp. 48,305 1,244
* Hancom Inc. 69,354 1,242
* UniTest Inc. 48,683 1,229
*,1 Cellivery Therapeutics Inc. 45,351 1,226
  PharmaResearch Co. Ltd. 18,921 1,208
  Bukwang Pharmaceutical Co. Ltd. 134,499 1,206
*,1 Lotte Tour Development Co. Ltd. 94,950 1,201
* SFA Semicon Co. Ltd. 212,389 1,191

    Shares Market
Value
($000)
1 DoubleUGames Co. Ltd. 28,129 1,188
  Hankook Shell Oil Co. Ltd. 5,803 1,180
1 Korea Petrochemical Ind Co. Ltd. 9,169 1,158
  Daesang Corp. 61,524 1,144
*,1 Ananti Inc. 154,821 1,142
  Partron Co. Ltd. 103,527 1,135
* HK inno N Corp. 33,304 1,119
*,1 Binex Co. Ltd. 91,844 1,111
1 SL Corp. 49,368 1,109
  Daou Technology Inc. 63,731 1,091
* Hyundai Electric & Energy System Co. Ltd. 72,781 1,084
  Korea United Pharm Inc. 28,052 1,081
  INTOPS Co. Ltd. 32,450 1,074
* Vaxcell-Bio Therapeutics Co. Ltd. 36,514 1,056
*,1 Enzychem Lifesciences Corp. 26,818 1,050
*,1 Webzen Inc. 55,962 1,047
  Dentium Co. Ltd. 22,147 1,045
1 Handsome Co. Ltd. 36,736 1,038
  L&C Bio Co. Ltd. 38,673 1,034
*,1 CMG Pharmaceutical Co. Ltd. 379,744 1,031
*,1 Studio Dragon Corp. 15,985 1,024
  Hyundai Corp. 77,360 1,018
* DIO Corp. 35,057 1,011
* Lutronic Corp. 64,805 1,006
  TK Corp. 113,487 992
1 Hansae Co. Ltd. 46,995 987
* Seojin System Co. Ltd. 29,781 987
*,1 KH Vatec Co. Ltd. 50,386 965
*,1 HLB Therapeutics Co. Ltd. 89,071 961
1 Daea TI Co. Ltd. 234,869 959
* Hyosung Heavy Industries Corp. 21,024 935
* Neowiz 42,069 926
1 Hanil Cement Co. Ltd. 59,370 925
*,1 Komipharm International Co. Ltd. 116,807 899
*,1 CrystalGenomics Inc. 207,711 895
  Korea Asset In Trust Co. Ltd. 288,833 866
*,1 Modetour Network Inc. 47,716 849
  SK Gas Ltd. 8,613 841
1 Ilyang Pharmaceutical Co. Ltd. 44,081 834
* OliX Pharmaceuticals Inc. 33,958 832
* Korea Line Corp. 455,846 825
  Korea Real Estate Investment & Trust Co. Ltd. 419,928 824
  Hankook & Co. Co. Ltd. 75,135 820
* Inscobee Inc. 354,014 808
  LX Hausys Ltd. 17,333 808
  Boryung Pharmaceutical Co. Ltd. 78,446 795
  Youlchon Chemical Co. Ltd. 42,046 791
* Eyegene Inc. 68,305 787
  Yuanta Securities Korea Co. Ltd. 263,543 773
1 Sangsangin Co. Ltd. 99,755 771
  Dong-A ST Co. Ltd. 14,045 768
  JW Pharmaceutical Corp. 47,263 766
1 TES Co. Ltd. 35,896 764
1 Interpark Corp. 206,374 755
* Cellid Co. Ltd. 24,017 754
  NICE Holdings Co. Ltd. 53,276 752
  Songwon Industrial Co. Ltd. 45,108 745
  SNT Motiv Co. Ltd. 19,992 736

    Shares Market
Value
($000)
*,1 Insun ENT Co. Ltd. 77,948 729
1 Tongyang Inc. 667,833 728
* Shinsung E&G Co. Ltd. 491,246 724
* Cafe24 Corp. 40,463 721
  SK Securities Co. Ltd. 967,085 709
  Huons Co. Ltd. 19,429 708
* Solid Inc. 146,704 708
*,1 Samsung Pharmaceutical Co. Ltd. 202,583 697
1 Young Poong Corp. 1,335 691
  Dong-A Socio Holdings Co. Ltd. 8,157 679
  Halla Holdings Corp. 19,666 667
  Dongwon Industries Co. Ltd. 3,620 665
*,1 Kuk-il Paper Manufacturing Co. Ltd. 220,172 658
  Nature Holdings Co. Ltd. 27,859 653
  KTB Investment & Securities Co. Ltd. 154,806 645
  Orion Holdings Corp. 54,843 645
* Hanwha General Insurance Co. Ltd. 214,277 636
  Vieworks Co. Ltd. 18,309 632
  LF Corp. 47,710 629
  KUMHOE&C Co. Ltd. 73,765 623
*,1 Medipost Co. Ltd. 41,682 622
  Shinsegae International Inc. 6,166 622
  NS Shopping Co. Ltd. 62,013 612
  Harim Holdings Co. Ltd. 81,455 612
  Mirae Asset Life Insurance Co. Ltd. 196,948 609
  Advanced Process Systems Corp. 31,225 598
  Binggrae Co. Ltd. 13,349 594
  Youngone Holdings Co. Ltd. 14,523 594
1 ITM Semiconductor Co. Ltd. 18,203 594
* AbClon Inc. 50,930 593
  Kolon Corp. 23,081 585
* KH Feelux Co. Ltd. 332,432 580
*,1 Grand Korea Leisure Co. Ltd. 50,231 565
* Sambu Engineering & Construction Co. Ltd. 437,208 564
  LOTTE Himart Co. Ltd. 31,381 558
1 Seobu T&D 74,449 556
  i-SENS Inc. 23,454 548
1 Sungwoo Hitech Co. Ltd. 127,257 546
1 ENF Technology Co. Ltd. 20,641 537
  Jeil Pharmaceutical Co. Ltd. 23,196 532
  InBody Co. Ltd. 30,586 529
  Namyang Dairy Products Co. Ltd. 1,683 528
*,3 S-MAC Co. Ltd. 813,222 512
  Daishin Securities Co. Ltd. Preference Shares 41,378 507
  HS Industries Co. Ltd. 121,990 507
  Huons Global Co. Ltd. 18,780 507
  Samchully Co. Ltd. 6,409 505
* Eutilex Co. Ltd. 31,102 503
  iMarketKorea Inc. 61,379 498
  KISWIRE Ltd. 29,628 492
  Nexen Tire Corp. 93,392 490
* STCUBE 74,225 485
  Namhae Chemical Corp. 64,980 484
1 OptoElectronics Solutions Co. Ltd. 19,758 478
1 Samyang Corp. 9,195 477
  Maeil Dairies Co. Ltd. 8,362 473
  Taeyoung Engineering & Construction Co. Ltd. 53,202 465
  Tongyang Life Insurance Co. Ltd. 92,674 462

    Shares Market
Value
($000)
  Chongkundang Holdings Corp. 8,077 461
  Kwang Dong Pharmaceutical Co. Ltd. 83,083 460
  Dongwon F&B Co. Ltd. 3,059 460
  Seah Besteel Corp. 35,155 447
* Peptron Inc. 59,471 447
  KC Tech Co. Ltd. 25,990 441
* Dongsung Pharmaceutical Co. Ltd. 65,106 439
*,1 Anterogen Co. Ltd. 19,497 437
* SCM Lifescience Co. Ltd. 34,206 433
  Hansol Paper Co. Ltd. 43,926 429
1 Cuckoo Homesys Co. Ltd. 14,684 426
*,1 Soulbrain Holdings Co. Ltd. 16,872 414
  Eugene Investment & Securities Co. Ltd. 155,434 391
* Interflex Co. Ltd. 28,626 384
  Hyundai Bioland Co. Ltd. 29,899 380
  KISCO Corp. 59,444 377
  DB Financial Investment Co. Ltd. 68,332 371
  Lotte Confectionery Co. Ltd. 3,730 364
* Hansol Technics Co. Ltd. 66,760 363
1 Woongjin Thinkbig Co. Ltd. 152,463 362
* Lock&Lock Co. Ltd. 42,729 362
*,1 Wonik Holdings Co. Ltd. 92,558 361
* Aprogen pharmaceuticals Inc. 579,812 360
1 Toptec Co. Ltd. 50,666 356
  Eusu Holdings Co. Ltd. 75,588 349
  LG HelloVision Co. Ltd. 89,011 348
  E1 Corp. 9,109 343
  BGF Co. Ltd. 88,189 343
*,1 Namsun Aluminum Co. Ltd. 189,182 341
*,1 Telcon RF Pharmaceutical Inc. 184,704 339
  Humedix Co. Ltd. 19,600 331
  Kyobo Securities Co. Ltd. 50,102 330
* CJ Freshway Corp. 12,744 330
  Sung Kwang Bend Co. Ltd. 48,276 324
1 Hanil Holdings Co. Ltd. 30,794 318
  Dae Han Flour Mills Co. Ltd. 2,609 315
  ICD Co. Ltd. 33,810 309
  Byucksan Corp. 112,419 304
  Dae Hwa Pharmaceutical Co. Ltd. 43,806 299
* Homecast Co. Ltd. 90,380 279
1 F&F Holdings Co. Ltd. 12,502 276
  Lotte Food Co. Ltd. 1,024 272
  Kolmar Korea Holdings Co. Ltd. 18,175 266
  Cuckoo Holdings Co. Ltd. 18,165 262
  Hyundai Livart Furniture Co. Ltd. 23,620 261
  KT Skylife Co. Ltd. 38,395 261
* Sindoh Co. Ltd. 9,770 259
* CUROCOM Co. Ltd. 299,868 259
  Daeduck Co. Ltd. 41,388 250
  Sam Young Electronics Co. Ltd. 27,627 249
  Hansol Holdings Co. Ltd. 93,150 246
  SNT Dynamics Co. Ltd. 36,640 245
* Able C&C Co. Ltd. 51,601 238
  Aekyung Industrial Co. Ltd. 17,509 238
  Daekyo Co. Ltd. 70,719 209
* Coreana Cosmetics Co. Ltd. 68,106 201
  AK Holdings Inc. 13,753 196
  Muhak Co. Ltd. 28,061 185

    Shares Market
Value
($000)
  Cell Biotech Co. Ltd. 14,419 184
*,3 Y2 Solution Co. Ltd. 147,206 149
  KC Co. Ltd. 3,571 57
  SPC Samlip Co. Ltd. 580 34
*,3 Cnk International Co. Ltd. 35,374
*,1 Enzychem Lifesciences Rights 16,316
      490,806
Spain (1.2%)
* Banco de Sabadell SA 20,638,010 16,051
  Acerinox SA 779,317 9,931
  Viscofan SA 143,462 8,699
  CIE Automotive SA 210,867 6,125
  Grupo Catalana Occidente SA 179,325 6,048
  Laboratorios Farmaceuticos Rovi SA 80,205 5,889
  Applus Services SA 582,655 5,134
* Indra Sistemas SA 486,810 4,960
  Faes Farma SA 1,267,935 4,888
  Ebro Foods SA 260,640 4,830
2 Unicaja Banco SA 4,490,098 4,603
  Zardoya Otis SA 565,804 4,487
* Solaria Energia y Medio Ambiente SA 238,711 4,171
  Sacyr SA (XMAD) 1,507,389 3,768
  Cia de Distribucion Integral Logista Holdings SA 177,015 3,581
  Almirall SA 275,685 3,548
* Melia Hotels International SA 466,904 3,538
  Pharma Mar SA 53,866 3,390
  Linea Directa Aseguradora SA Cia de Seguros y Reaseguros 1,828,978 3,283
* Mediaset Espana Comunicacion SA 641,446 3,004
  Construcciones y Auxiliar de Ferrocarriles SA 68,667 2,718
2 Neinor Homes SA 194,688 2,370
2 Gestamp Automocion SA 475,740 2,143
  Prosegur Cia de Seguridad SA 858,179 2,138
2 Global Dominion Access SA 309,668 1,530
2 Aedas Homes SA 55,050 1,499
* Ence Energia y Celulosa SA 489,266 1,313
  Fomento de Construcciones y Contratas SA 101,758 1,226
*,1 Tecnicas Reunidas SA 128,578 1,153
  Lar Espana Real Estate Socimi SA 183,405 1,109
* Distribuidora Internacional de Alimentacion SA 56,097,194 987
2 Metrovacesa SA 122,725 908
2 Prosegur Cash SA 1,197,502 878
  Atresmedia Corp. de Medios de Comunicacion SA 212,316 826
*,1 NH Hotel Group SA (XMAD) 69,008 249
* Sacyr SA Rights Exp. 2/2/2022 1,500,825 83
*,1,3 Lets Gowex SA 31,105
      131,058
Sweden (4.3%)
  Samhallsbyggnadsbolaget i Norden AB 3,986,388 24,042
2 Thule Group AB 390,397 18,843
  Fabege AB 982,269 14,655
  Avanza Bank Holding AB 459,597 14,541
2 Dometic Group AB 1,189,345 13,175
  AddTech AB Class B 699,481 12,940
  AAK AB 623,500 11,679
  AddLife AB Class B 389,967 11,220
  Nyfosa AB 715,448 11,137
  Hexpol AB 923,937 11,024

    Shares Market
Value
($000)
* Nordic Entertainment Group AB Class B 283,977 10,995
  Wihlborgs Fastigheter AB 516,790 10,685
  BillerudKorsnas AB 662,620 10,536
  Vitrolife AB 253,321 10,417
  JM AB 273,333 10,353
  Wallenstam AB Class B 616,982 9,710
  Axfood AB 371,384 9,460
  Nordnet AB publ 605,741 9,440
2 Bravida Holding AB 782,173 9,359
* SSAB AB Class B 1,697,685 8,839
  Intrum AB 284,651 8,570
  Arjo AB Class B 854,312 8,538
  AFRY AB 372,232 8,348
* SSAB AB Class A 1,408,628 8,340
* Sectra AB Class B 496,223 8,174
  Peab AB Class B 711,192 7,994
  Mips AB 76,989 7,655
  Loomis AB Class B 288,535 7,409
  Bure Equity AB 210,616 7,267
  Nolato AB Class B 702,006 7,194
  Corem Property Group AB Class B 2,423,055 6,955
  Lindab International AB 232,497 6,750
* Electrolux Professional AB Class B 896,363 6,260
  Medicover AB Class B 206,133 6,109
  Instalco AB 831,380 6,044
  Catena AB 106,234 6,030
  NCC AB Class B 356,622 5,896
  Biotage AB 270,624 5,526
  Mycronic AB 265,904 5,440
* Cint Group AB 401,694 5,342
* Pandox AB Class B 356,928 5,189
  HMS Networks AB 95,682 5,004
* Modern Times Group MTG AB Class B 373,566 5,000
  Bilia AB Class A 324,627 4,872
  Granges AB 373,203 4,628
  Hufvudstaden AB Class A 315,448 4,505
  Vitec Software Group AB Class B 98,149 4,416
  Ratos AB Class B 827,063 4,341
  Troax Group AB 119,045 4,170
*,1,2 Boozt AB 215,798 4,056
  Concentric AB 142,935 4,045
  Bonava AB Class B 354,899 3,071
  Atrium Ljungberg AB Class B 132,969 2,878
* BHG Group AB 291,054 2,790
  Dios Fastigheter AB 248,092 2,762
* Betsson AB Class B 480,881 2,691
  Nobia AB 467,669 2,555
  Systemair AB 251,404 2,399
2 Resurs Holding AB 560,084 2,299
* VNV Global AB 264,085 2,284
2 Munters Group AB 319,241 2,255
*,1 SAS AB 13,178,011 2,227
  Platzer Fastigheter Holding AB Class B 161,646 2,138
* Mekonomen AB 139,329 2,057
  SkiStar AB 131,801 2,029
  Clas Ohlson AB Class B 165,537 2,006
*,1,2 Scandic Hotels Group AB 455,948 1,924
* BICO Group AB Class B 90,994 1,817

    Shares Market
Value
($000)
*,2 Attendo AB 445,597 1,570
* Hemnet Group AB 86,675 1,563
  INVISIO AB 114,736 1,475
  Corem Property Group AB Preference Shares 42,814 1,460
  Cloetta AB Class B 548,981 1,453
*,1 Hansa Biopharma AB 170,742 1,362
* Karo Pharma AB 203,080 1,303
  Fagerhult AB 202,319 1,261
  Investment AB Oresund 77,504 1,192
*,1 Collector AB 278,993 1,094
* Camurus AB 66,363 951
  Samhallsbyggnadsbolaget i Norden AB Class D 124,099 406
* Solid Forsakring AB 56,008 320
  NCC AB Class A 15,132 250
*,2 Oncopeptides AB 154,364 162
*,3 Ow Bunker A/S 24,023
      489,121
Switzerland (3.1%)
  Belimo Holding AG (Registered) 34,729 19,178
  Bachem Holding AG (Registered) Class B 23,105 13,782
  Siegfried Holding AG (Registered) 15,243 12,341
2 Galenica AG 171,961 12,145
* Dufry AG (Registered) 226,639 11,745
  Allreal Holding AG (Registered) 50,842 11,032
  Daetwyler Holding AG (Bearer) 27,629 10,849
  Bucher Industries AG (Registered) 23,122 10,646
*,1 Idorsia Ltd. 437,644 10,194
  Inficon Holding AG (Registered) 7,565 9,240
  Comet Holding AG (Registered) 28,654 9,141
  Interroll Holding AG (Registered) 2,111 8,935
  Vontobel Holding AG (Registered) 105,284 8,726
  SFS Group AG 58,449 8,528
1 Stadler Rail AG 171,766 8,174
  Mobimo Holding AG (Registered) 24,202 7,920
  Forbo Holding AG (Registered) 4,072 7,861
  Cembra Money Bank AG 109,480 7,530
  Emmi AG (Registered) 6,426 7,212
  Softwareone Holding AG 367,062 7,212
* Zur Rose Group AG 28,251 6,916
  Bystronic AG 4,989 6,557
  Huber + Suhner AG (Registered) 71,247 6,486
  Kardex Holding AG (Registered) 23,196 6,439
  Landis+Gyr Group AG 97,485 6,430
  dormakaba Holding AG 11,127 6,371
  Valiant Holding AG (Registered) 62,838 6,346
  Burckhardt Compression Holding AG 12,709 6,011
*,2 PolyPeptide Group AG 51,923 5,177
  Swissquote Group Holding SA (Registered) 29,611 5,037
  Schweiter Technologies AG (Bearer) 3,766 4,995
* Komax Holding AG (Registered) 14,684 4,529
* Aryzta AG 3,927,404 4,509
*,2 Sensirion Holding AG 35,615 4,367
  St. Galler Kantonalbank AG (Registered) 8,888 4,295
*,1 Meyer Burger Technology AG 9,944,951 3,849
  Zehnder Group AG 41,784 3,825
* Dottikon Es Holding AG (Registered) 15,158 3,790
  LEM Holding SA (Registered) 1,493 3,736
  VZ Holding AG 37,148 3,482

    Shares Market
Value
($000)
* Valora Holding AG (Registered) 17,202 3,344
  Arbonia AG 124,070 3,000
  Intershop Holding AG 4,376 2,890
* Bobst Group SA (Registered) 32,230 2,737
* Ascom Holding AG (Registered) 199,803 2,616
  Bell Food Group AG (Registered) 8,264 2,509
*,1 Basilea Pharmaceutica AG (Registered) 51,546 2,504
  Bossard Holding AG (Registered) Class A 7,844 2,459
*,2 Medacta Group SA 18,525 2,374
  Vetropack Holding AG Class A (Registered) 40,298 2,338
* COSMO Pharmaceuticals NV 35,760 2,217
  Leonteq AG 30,496 2,192
* u-blox Holding AG 28,512 2,033
  ALSO Holding AG (Registered) 7,202 2,027
*,2 Montana Aerospace AG 52,139 1,949
* Rieter Holding AG (Registered) 9,566 1,934
  Ypsomed Holding AG (Registered) 8,358 1,562
  EFG International AG 200,456 1,535
* Autoneum Holding AG 7,798 1,416
* Implenia AG (Registered) 50,667 1,236
* Swiss Steel Holding AG 2,492,596 854
  Hiag Immobilien Holding AG 7,900 807
  VP Bank AG Class A 6,295 680
* APG SGA SA 2,787 571
      353,322
Taiwan (8.1%)
  E Ink Holdings Inc. 3,308,708 18,034
  eMemory Technology Inc. 250,000 14,595
  Ruentex Development Co. Ltd. 5,951,535 13,858
  ASPEED Technology Inc. 121,437 13,646
  Chroma ATE Inc. 1,468,040 11,443
  Elite Material Co. Ltd. 1,116,519 10,887
  WPG Holdings Ltd. 5,486,137 10,816
  Macronix International Co. Ltd. 6,986,386 10,655
  Phison Electronics Corp. 613,962 10,176
  Gigabyte Technology Co. Ltd. 1,867,271 9,635
  Merida Industry Co. Ltd. 905,055 9,551
* TA Chen Stainless Pipe 5,740,745 9,272
  Tripod Technology Corp. 1,936,327 9,040
  Lien Hwa Industrial Holdings Corp. 4,057,363 8,991
  Alchip Technologies Ltd. 243,000 8,430
  Sinbon Electronics Co. Ltd. 830,066 8,073
  Simplo Technology Co. Ltd. 676,631 7,738
  King Yuan Electronics Co. Ltd. 4,548,963 7,541
  Kinsus Interconnect Technology Corp. 968,282 7,322
  Ruentex Industries Ltd. 2,090,844 7,236
  Makalot Industrial Co. Ltd. 832,795 7,015
  Compeq Manufacturing Co. Ltd. 4,473,471 6,927
  Elan Microelectronics Corp. 1,165,545 6,920
  Highwealth Construction Corp. 3,995,375 6,759
  ITEQ Corp. 1,467,870 6,747
  IBF Financial Holdings Co. Ltd. 11,472,876 6,652
* China Petrochemical Development Corp. 14,699,620 6,542
  Radiant Opto-Electronics Corp. 1,747,147 6,468
  AP Memory Technology Corp. 434,154 6,455
  Qisda Corp. 5,926,000 6,416
  Lotes Co. Ltd. 241,703 6,352
  YFY Inc. 5,140,000 6,185

    Shares Market
Value
($000)
  Chipbond Technology Corp. 2,463,852 6,145
* Global Unichip Corp. 346,649 6,087
  Tong Hsing Electronic Industries Ltd. 606,572 5,970
  Wafer Works Corp. 2,043,363 5,850
  Faraday Technology Corp. 774,000 5,819
  Tung Ho Steel Enterprise Corp. 2,353,350 5,810
  Taiwan Surface Mounting Technology Corp. 1,206,530 5,793
  Bizlink Holding Inc. 530,651 5,781
  King's Town Bank Co. Ltd. 3,885,193 5,717
  Great Wall Enterprise Co. Ltd. 2,936,035 5,552
  Taichung Commercial Bank Co. Ltd. 11,157,924 5,367
  WT Microelectronics Co. Ltd. 1,703,377 5,302
  HannStar Display Corp. 8,877,810 5,290
* FLEXium Interconnect Inc. 1,434,140 5,091
  Jentech Precision Industrial Co. Ltd. 348,698 5,031
  Wisdom Marine Lines Co. Ltd. 1,844,241 5,010
* Medigen Vaccine Biologics Corp. 540,119 4,920
  Cheng Loong Corp. 3,960,920 4,918
* Nan Kang Rubber Tire Co. Ltd. 2,960,107 4,892
  Mitac Holdings Corp. 4,076,617 4,819
  Poya International Co. Ltd. 313,671 4,787
  Advanced Energy Solution Holding Co. Ltd. 86,000 4,699
  ChipMOS Technologies Inc. 2,749,494 4,679
  Elite Semiconductor Microelectronics Technology Inc. 878,000 4,661
  King Slide Works Co. Ltd. 282,675 4,605
  Topco Scientific Co. Ltd. 743,793 4,483
  International Games System Co. Ltd. 173,213 4,476
  CTCI Corp. 3,206,667 4,436
  Goldsun Building Materials Co. Ltd. 4,713,402 4,402
  Fitipower Integrated Technology Inc. 552,226 4,325
  Shinkong Synthetic Fibers Corp. 6,130,416 4,292
  TXC Corp. 1,234,877 4,231
  Sigurd Microelectronics Corp. 2,036,822 4,221
  TSRC Corp. 3,113,046 4,221
  Coretronic Corp. 1,533,000 4,198
* Episil Technologies Inc. 1,055,350 4,192
  Chung Hung Steel Corp. 3,036,000 4,140
  Nantex Industry Co. Ltd. 1,355,000 4,103
  Pan Jit International Inc. 1,193,000 4,047
  Feng Hsin Steel Co. Ltd. 1,341,000 4,027
  Grand Pacific Petrochemical 4,027,928 3,926
  FocalTech Systems Co. Ltd. 686,258 3,745
  Yulon Finance Corp. 579,170 3,689
  Sitronix Technology Corp. 348,282 3,659
  Fusheng Precision Co. Ltd. 513,000 3,648
  Taiwan Union Technology Corp. 1,073,000 3,621
* United Renewable Energy Co. Ltd. 4,879,129 3,590
  Wistron NeWeb Corp. 1,395,495 3,584
  International CSRC Investment Holdings Co. 3,963,997 3,574
* Yieh Phui Enterprise Co. Ltd. 4,465,910 3,560
* Microbio Co. Ltd. 1,592,342 3,514
  Tainan Spinning Co. Ltd. 3,961,674 3,510
  Far Eastern Department Stores Ltd. 4,591,043 3,474
* RDC Semiconductor Co. Ltd. 195,000 3,367
  Standard Foods Taiwan Ltd. 1,800,708 3,341
  Gold Circuit Electronics Ltd. 1,188,280 3,309
  General Interface Solution Holding Ltd. 946,000 3,304
  Huaku Development Co. Ltd. 999,499 3,279

    Shares Market
Value
($000)
  China Steel Chemical Corp. 780,853 3,252
  Via Technologies Inc. 1,258,000 3,150
  USI Corp. 3,105,784 3,139
  SDI Corp. 558,000 3,131
  Ardentec Corp. 1,607,851 3,092
  TCI Co. Ltd. 437,067 3,067
  Hota Industrial Manufacturing Co. Ltd. 1,019,317 3,065
  United Integrated Services Co. Ltd. 478,200 3,051
  Asia Vital Components Co. Ltd. 886,337 3,033
  OptoTech Corp. 1,395,406 3,020
  Cleanaway Co. Ltd. 399,000 3,016
  Visual Photonics Epitaxy Co. Ltd. 635,455 2,998
  XinTec Inc. 639,000 2,979
  Merry Electronics Co. Ltd. 919,307 2,974
  Clevo Co. 2,597,944 2,893
  Center Laboratories Inc. 1,377,163 2,871
  Century Iron & Steel Industrial Co. Ltd. 733,000 2,852
  Apex International Co. Ltd. 656,000 2,741
  Tong Yang Industry Co. Ltd. 2,380,919 2,727
  Chung-Hsin Electric & Machinery Manufacturing Corp. 1,732,625 2,658
  Solar Applied Materials Technology Corp. 1,536,691 2,643
  Grape King Bio Ltd. 445,000 2,505
  Hsin Kuang Steel Co. Ltd. 1,308,569 2,504
  Everlight Electronics Co. Ltd. 1,261,725 2,502
  RichWave Technology Corp. 303,200 2,473
  Taiwan Mask Corp. 684,540 2,473
  Holtek Semiconductor Inc. 656,279 2,445
  Longchen Paper & Packaging Co. Ltd. 2,997,868 2,443
  Arcadyan Technology Corp. 534,737 2,414
  UPC Technology Corp. 3,137,065 2,363
  Greatek Electronics Inc. 880,000 2,360
  Kinpo Electronics 4,313,196 2,345
  ADATA Technology Co. Ltd. 751,915 2,324
* Etron Technology Inc. 863,524 2,303
* LandMark Optoelectronics Corp. 315,600 2,253
  Nichidenbo Corp. 1,191,000 2,239
  Formosa Sumco Technology Corp. 213,000 2,229
  Kenda Rubber Industrial Co. Ltd. 2,041,000 2,227
  Advanced Ceramic X Corp. 190,000 2,183
  ITE Technology Inc. 586,418 2,173
* Asia Optical Co. Inc. 700,000 2,167
  Taiwan Semiconductor Co. Ltd. 847,000 2,134
  President Securities Corp. 2,613,526 2,118
  Pegavision Corp. 146,000 2,114
  Advanced Wireless Semiconductor Co. 483,192 2,101
  Run Long Construction Co. Ltd. 1,058,128 2,086
  Taiwan Paiho Ltd. 712,183 2,075
* EirGenix Inc. 572,855 2,074
  Supreme Electronics Co. Ltd. 1,168,250 2,067
  Silicon Integrated Systems Corp. 2,443,462 2,041
  Charoen Pokphand Enterprise 678,000 2,030
* Global Brands Manufacture Ltd. 1,560,361 2,028
  TTY Biopharm Co. Ltd. 828,987 2,023
  Taiwan Hon Chuan Enterprise Co. Ltd. 779,401 2,017
* 91APP Inc. 228,555 2,010
* Oriental Union Chemical Corp. 2,648,000 1,969
  Adimmune Corp. 1,375,343 1,955
* Unitech Printed Circuit Board Corp. 2,994,672 1,936

    Shares Market
Value
($000)
  O-Bank Co. Ltd. 6,256,000 1,936
  Foxsemicon Integrated Technology Inc. 233,400 1,930
* Asia Pacific Telecom Co. Ltd. 6,696,891 1,930
  Getac Holdings Corp. 983,000 1,927
* Shihlin Paper Corp. 825,578 1,905
  Gudeng Precision Industrial Co. Ltd. 198,511 1,888
  Sercomm Corp. 667,000 1,882
  Shin Zu Shing Co. Ltd. 550,224 1,837
* TSEC Corp. 1,401,000 1,836
  China General Plastics Corp. 1,520,717 1,832
  AURAS Technology Co. Ltd. 228,000 1,832
  Andes Technology Corp. 118,000 1,827
  Sunplus Technology Co. Ltd. 1,445,000 1,823
  Global Mixed Mode Technology Inc. 212,199 1,810
  Wah Lee Industrial Corp. 490,500 1,801
  Weltrend Semiconductor 553,753 1,800
  Evergreen International Storage & Transport Corp. 1,726,502 1,797
  Farglory Land Development Co. Ltd. 769,854 1,779
  Ginko International Co. Ltd. 178,710 1,772
  Asia Polymer Corp. 1,359,151 1,758
  Sanyang Motor Co. Ltd. 1,802,037 1,753
  Primax Electronics Ltd. 893,000 1,741
  Co-Tech Development Corp. 690,000 1,726
  Universal Vision Biotechnology Co. Ltd. 175,000 1,704
* Taiwan TEA Corp. 2,215,293 1,702
* TaiMed Biologics Inc. 698,000 1,698
  Hotai Finance Co. Ltd. 438,000 1,682
  Holy Stone Enterprise Co. Ltd. 389,769 1,647
  St. Shine Optical Co. Ltd. 156,419 1,644
  Pan-International Industrial Corp. 1,210,595 1,631
  Cheng Uei Precision Industry Co. Ltd. 1,150,000 1,582
  Chang Wah Electromaterials Inc. 1,211,000 1,572
* First Steamship Co. Ltd. 3,746,850 1,571
  Fittech Co. Ltd. 190,647 1,568
  AcBel Polytech Inc. 1,329,000 1,564
  Pixart Imaging Inc. 308,920 1,560
  Sporton International Inc. 202,159 1,533
* Mercuries Life Insurance Co. Ltd. 4,568,230 1,532
  Cub Elecparts Inc. 233,609 1,527
  Prince Housing & Development Corp. 3,248,183 1,520
  T3EX Global Holdings Corp. 366,000 1,517
  Ta Ya Electric Wire & Cable 1,789,294 1,499
  TPK Holding Co. Ltd. 1,023,000 1,475
  Federal Corp. 1,494,505 1,473
  China Man-Made Fiber Corp. 4,276,384 1,472
* Phihong Technology Co. Ltd. 947,618 1,471
  Continental Holdings Corp. 1,732,000 1,468
  Elite Advanced Laser Corp. 746,607 1,432
  Kaimei Electronic Corp. 431,000 1,423
  Ennoconn Corp. 182,432 1,412
  Chong Hong Construction Co. Ltd. 524,493 1,402
* CMC Magnetics Corp. 3,636,254 1,397
  Chicony Power Technology Co. Ltd. 488,000 1,396
  TaiDoc Technology Corp. 205,000 1,382
  Chin-Poon Industrial Co. Ltd. 1,089,072 1,369
  Hannstar Board Corp. 879,438 1,340
  Taiwan Sakura Corp. 551,000 1,335
  YC INOX Co. Ltd. 1,213,750 1,328

    Shares Market
Value
($000)
  PChome Online Inc. 333,082 1,317
  Nan Pao Resins Chemical Co. Ltd. 260,000 1,311
  Dynapack International Technology Corp. 353,299 1,308
  Gourmet Master Co. Ltd. 340,789 1,308
  Sensortek Technology Corp. 79,000 1,307
  KMC Kuei Meng International Inc. 188,000 1,298
  Thinking Electronic Industrial Co. Ltd. 245,000 1,296
  Kinik Co. 358,000 1,282
  AmTRAN Technology Co. Ltd. 2,148,168 1,281
  Dimerco Express Corp. 358,792 1,269
  Sonix Technology Co. Ltd. 418,000 1,266
* CSBC Corp. Taiwan 1,721,956 1,258
  Taiwan Cogeneration Corp. 936,903 1,255
  Vivotek Inc. 466,699 1,255
  Sunny Friend Environmental Technology Co. Ltd. 175,000 1,248
  Kindom Development Co. Ltd. 966,900 1,247
  Taiwan PCB Techvest Co. Ltd. 724,102 1,229
  Systex Corp. 395,000 1,209
  Chunghwa Precision Test Tech Co. Ltd. 52,000 1,204
  Everlight Chemical Industrial Corp. 1,390,649 1,202
* Orient Semiconductor Electronics Ltd. 1,422,197 1,200
* Unizyx Holding Corp. 1,102,000 1,191
  Cathay Real Estate Development Co. Ltd. 1,729,000 1,179
  Innodisk Corp. 167,140 1,175
  BES Engineering Corp. 3,657,468 1,165
  Hu Lane Associate Inc. 251,500 1,154
  Tung Thih Electronic Co. Ltd. 221,000 1,150
  Chlitina Holding Ltd. 150,750 1,146
  Altek Corp. 661,250 1,144
  Taiwan FamilyMart Co. Ltd. 131,000 1,140
  CyberTAN Technology Inc. 1,181,571 1,108
  Mercuries & Associates Holding Ltd. 1,430,612 1,104
  Fulgent Sun International Holding Co. Ltd. 284,270 1,101
  Darfon Electronics Corp. 665,000 1,087
* Chung Hwa Pulp Corp. 1,328,135 1,078
  Acter Group Corp. Ltd. 134,481 1,072
  Test Research Inc. 504,371 1,070
  D-Link Corp. 1,773,774 1,070
  Chun Yuan Steel Industry Co. Ltd. 1,358,000 1,059
* Lingsen Precision Industries Ltd. 1,209,000 1,045
  Sheng Yu Steel Co. Ltd. 978,000 1,042
* Lealea Enterprise Co. Ltd. 2,773,849 1,039
  Sinyi Realty Inc. 806,465 1,006
* Career Technology MFG. Co. Ltd. 1,166,584 997
  Lotus Pharmaceutical Co. Ltd. 318,000 996
  Sincere Navigation Corp. 1,094,970 993
  Ton Yi Industrial Corp. 1,950,000 991
  Sampo Corp. 884,048 969
  Tyntek Corp. 990,250 952
  Gloria Material Technology Corp. 1,279,023 948
  Wowprime Corp. 206,761 947
  Ho Tung Chemical Corp. 2,433,362 946
  Motech Industries Inc. 824,339 940
* Gigastorage Corp. 995,627 931
  Aten International Co. Ltd. 315,260 929
* Formosa International Hotels Corp. 173,841 926
  Kuo Yang Construction Co. Ltd. 1,099,000 921
  Advanced International Multitech Co. Ltd. 314,000 918

    Shares Market
Value
($000)
  Speed Tech Corp. 345,000 917
  Chia Hsin Cement Corp. 1,255,000 908
  Radium Life Tech Co. Ltd. 2,284,910 906
  Topkey Corp. 186,000 901
  Lung Yen Life Service Corp. 581,000 896
  Gemtek Technology Corp. 787,115 893
  Soft-World International Corp. 268,520 884
  Shin Foong Specialty & Applied Materials Co. Ltd. 162,469 881
  Taiwan Styrene Monomer 1,435,579 876
  Flytech Technology Co. Ltd. 327,845 874
  Xxentria Technology Materials Corp. 362,776 872
  YungShin Global Holding Corp. 567,647 872
  Hung Sheng Construction Ltd. 1,004,620 864
  Bioteque Corp. 207,000 861
1 China Metal Products 711,515 858
  Swancor Holding Co. Ltd. 263,000 843
  Wei Chuan Foods Corp. 1,083,835 842
* Ambassador Hotel 758,000 841
* Adlink Technology Inc. 387,127 841
  Kung Long Batteries Industrial Co. Ltd. 166,000 821
  Namchow Holdings Co. Ltd. 463,000 817
  Sunonwealth Electric Machine Industry Co. Ltd. 526,000 816
* Shining Building Business Co. Ltd. 2,176,675 810
  HannsTouch Solution Inc. 1,511,329 807
  Depo Auto Parts Ind Co. Ltd. 365,313 783
  Gamania Digital Entertainment Co. Ltd. 334,000 780
  Machvision Inc. 88,157 767
  Chief Telecom Inc. 79,000 759
  Bank of Kaohsiung Co. Ltd. 1,474,764 719
  Syncmold Enterprise Corp. 287,750 714
* Li Peng Enterprise Co. Ltd. 2,107,915 710
  Zeng Hsing Industrial Co. Ltd. 136,000 709
* Ability Enterprise Co. Ltd. 705,099 707
  Posiflex Technology Inc. 172,822 688
  Egis Technology Inc. 173,000 685
* AGV Products Corp. 1,780,425 679
* Medigen Biotechnology Corp. 355,680 675
  China Electric Manufacturing Corp. 1,008,980 667
* Firich Enterprises Co. Ltd. 601,878 667
  Alpha Networks Inc. 600,599 663
  Taiflex Scientific Co. Ltd. 391,594 656
* Ritek Corp. 1,890,048 652
  Quanta Storage Inc. 399,000 646
  Formosan Rubber Group Inc. 809,089 644
  China Chemical & Pharmaceutical Co. Ltd. 818,000 643
  KEE TAI Properties Co. Ltd. 1,468,740 635
  Huang Hsiang Construction Corp. 445,051 632
* Darwin Precisions Corp. 1,331,000 621
  Test Rite International Co. Ltd. 792,330 617
  Taiyen Biotech Co. Ltd. 511,877 615
  ScinoPharm Taiwan Ltd. 730,891 614
* ALI Corp. 475,281 610
  TA-I Technology Co. Ltd. 270,500 599
  Nidec Chaun-Choung Technology Corp. 97,000 576
  Rich Development Co. Ltd. 1,740,000 574
  Rexon Industrial Corp. Ltd. 355,000 574
  Dynamic Electronics Co. Ltd. 751,004 565
  Johnson Health Tech Co. Ltd. 276,283 536

    Shares Market
Value
($000)
  Nan Liu Enterprise Co. Ltd. 133,000 535
* Savior Lifetec Corp. 865,728 533
* Taigen Biopharmaceuticals Holdings Ltd. 1,088,723 525
  Jih Sun Financial Holdings Co. Ltd. 1,158,815 515
  Elitegroup Computer Systems Co. Ltd. 708,647 506
  Kuo Toong International Co. Ltd. 683,662 506
  Rechi Precision Co. Ltd. 735,668 481
  PharmaEngine Inc. 216,102 475
  Gigasolar Materials Corp. 71,600 470
  IEI Integration Corp. 289,716 467
  Hong Pu Real Estate Development Co. Ltd. 587,195 466
* Infortrend Technology Inc. 786,885 465
  FSP Technology Inc. 297,428 465
  Dyaco International Inc. 293,000 465
  L&K Engineering Co. Ltd. 430,000 463
  WUS Printed Circuit Co. Ltd. 396,555 463
  Yeong Guan Energy Technology Group Co. Ltd. 203,776 459
  Ichia Technologies Inc. 717,000 417
  GeneReach Biotechnology Corp. 118,097 410
  Senao International Co. Ltd. 349,000 408
* Brogent Technologies Inc. 96,293 393
* Roo Hsing Co. Ltd. 1,633,000 366
  Iron Force Industrial Co. Ltd. 149,000 364
  Cyberlink Corp. 116,076 359
  Basso Industry Corp. 239,000 358
* Jess-Link Products Co. Ltd. 246,100 357
* Newmax Technology Co. Ltd. 265,000 344
  CHC Healthcare Group 260,727 340
* Tong-Tai Machine & Tool Co. Ltd. 577,429 336
  Globe Union Industrial Corp. 620,675 324
* Li Cheng Enterprise Co. Ltd. 426,892 322
  TYC Brother Industrial Co. Ltd. 467,710 317
* Zinwell Corp. 425,099 292
  Toung Loong Textile Manufacturing 216,000 265
*,3 Pharmally International Holding Co. Ltd. 126,271 257
*,3 Unity Opto Technology Co. Ltd. 1,203,000 178
  Concraft Holding Co. Ltd. 190,997 175
* Taiwan Land Development Corp. 757,840 108
* PharmaEssentia Corp. 9,000 93
* Yageo Corp. 1,201 20
*,3 Pihsiang Machinery Manufacturing Co. Ltd. 191,000
*,3 E Ton Solar Tech Co. Ltd. 206,307
*,3 Xpec Entertainment Inc. 125,457
      908,788
Thailand (1.4%)
1 KCE Electronics PCL 3,029,900 6,599
  Tisco Financial Group PCL 2,018,550 6,016
* Ngern Tid Lor PCL 5,503,300 5,864
  Com7 PCL Class F 2,167,900 5,149
  Kiatnakin Bank PCL 2,168,105 4,550
  Hana Microelectronics PCL 2,141,346 4,520
  Jasmine Broadband Internet Infrastructure Fund Class F 14,045,263 4,431
1 CPN Retail Growth Leasehold REIT 7,885,800 4,360
  Bangkok Commercial Asset Management PCL (XBKK) 6,694,300 4,125
1 JMT Network Services PCL Class F 2,104,823 4,073
1 WHA Corp. PCL 36,858,592 3,803
  Bangchak Corp. PCL 4,449,200 3,727
  Gunkul Engineering PCL 17,829,483 3,712

    Shares Market
Value
($000)
  Supalai PCL 5,356,850 3,657
  Jay Mart PCL 2,158,200 3,494
  Thanachart Capital PCL 2,714,595 3,320
1 Siam Global House PCL 5,448,807 3,130
1 Sri Trang Agro-Industry PCL 3,283,023 2,968
1 Amata Corp. PCL 4,440,997 2,870
  Bangkok Chain Hospital PCL 4,964,848 2,791
1 VGI PCL 16,494,509 2,742
1 Thonburi Healthcare Group PCL 2,079,100 2,561
1 Quality Houses PCL 32,687,033 2,323
*,1 Central Plaza Hotel PCL 2,195,890 2,320
1 Chularat Hospital PCL Class F 22,943,560 2,273
1 CH Karnchang PCL 3,459,000 2,203
1 Sino-Thai Engineering & Construction PCL 4,833,515 2,109
1 Dohome PCL 2,947,500 1,969
  CK Power PCL 12,605,531 1,940
  AP Thailand PCL 5,794,556 1,782
1 Thai Vegetable Oil PCL 1,753,800 1,678
1 Bangkok Land PCL 52,573,800 1,678
  Mega Lifesciences PCL 1,186,600 1,661
*,1 Sansiri PCL 39,905,100 1,596
1 TTW PCL 4,459,100 1,568
  AEON Thana Sinsap Thailand PCL 281,300 1,553
*,1 Jasmine International PCL 15,223,288 1,541
  Thailand Future Fund 6,954,900 1,516
* STARK Corp. PCL 11,089,100 1,513
1 GFPT PCL 3,589,500 1,482
1 TOA Paint Thailand PCL 1,570,600 1,444
  TPI Polene PCL 26,734,400 1,443
*,1 Star Petroleum Refining PCL 4,931,400 1,434
  WHA Premium Growth Freehold & Leasehold REIT Class F 4,178,100 1,430
1 Thoresen Thai Agencies PCL 5,030,541 1,408
* BTS Rail Mass Transit Growth Infrastructure Fund Class F 11,578,476 1,389
  TQM Corp. PCL 919,000 1,337
  Tipco Asphalt PCL 2,289,500 1,247
* BEC World PCL 3,046,700 1,226
  Super Energy Corp. PCL 40,839,200 1,170
  Major Cineplex Group PCL 1,967,144 1,133
  North Bangkok Power Plant Block 1 Infrastructure Fund - EGAT Class F 3,183,200 1,128
  Kerry Express Thailand PCL 1,485,500 1,102
* Plan B Media Pcl Class F 4,380,048 1,050
  Tisco Financial Group PCL NDVR 341,650 1,018
1 Banpu Power PCL 1,940,400 989
* IMPACT Growth REIT 2,233,600 980
*,1 U City PCL Class F 15,504,548 919
  TPI Polene Power PCL 7,082,500 881
*,1 Esso Thailand PCL 3,697,900 861
  Thaifoods Group PCL Class F 5,717,000 855
  Pruksa Holding PCL 1,886,100 825
1 MK Restaurants Group PCL 455,600 718
* Central Plaza Hotel PCL NVDR 670,400 708
1 Ratchthani Leasing PCL 5,370,050 683
*,1 Bangkok Airways PCL 2,344,400 659
  SPCG PCL 1,165,100 655
  AP Thailand PCL NVDR 2,127,300 654
  Thaicom PCL 2,075,040 640
1 BCPG PCL 1,747,937 637
*,1 Italian-Thai Development PCL 9,726,110 635

    Shares Market
Value
($000)
1 PTG Energy PCL 1,382,207 614
1 Precious Shipping PCL 1,234,000 588
  Origin Property PCL Class F 1,682,650 586
  Workpoint Entertainment PCL 813,700 563
* MBK PCL 1,276,176 493
1 LPN Development PCL 2,868,111 436
  Supalai pcl NVDR 518,650 354
* Pruksa Real Estate PCL 1,063,290 347
1 Precious Shipping pcl NVDR 686,000 327
*,1 Samart Corp. PCL 1,593,721 312
*,3 Thai Airways International PCL 3,045,000 304
1 VGI PCL NVDR 1,808,900 301
* Unique Engineering & Construction PCL 1,703,000 293
  Univentures PCL 2,493,288 260
  Taokaenoi Food & Marketing PCL Class F 1,136,200 247
  Sino-Thai Engineering & Construction PCL NVDR 423,000 185
1 TTW PCL NVDR 490,400 173
*,1 Italian-Thai Development PCL NVDR 2,448,500 160
* JMT Network Services PCL 99,333 34
* Plan B Media PCL 162,224 10
      159,012
Turkey (0.3%)
* Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S Class D 4,123,545 3,714
* Oyak Cimento Fabrikalari A/S 2,995,263 2,040
  Aksa Akrilik Kimya Sanayii A/S 706,980 1,706
* Penta Teknoloji Urunleri Dag 64,362 1,544
* Aksa Enerji Uretim A/S Class B 1,620,370 1,530
  Sok Marketler Ticaret A/S 1,379,273 1,506
  AG Anadolu Grubu Holding A/S 479,941 1,369
* Hektas Ticaret TAS 1,195,242 1,295
  Ulker Biskuvi Sanayi A/S 864,047 1,117
  Emlak Konut Gayrimenkul Yatirim Ortakligi A/S 6,006,869 1,090
* Pegasus Hava Tasimaciligi A/S 116,342 948
  Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret A/S 687,162 941
* Koza Anadolu Metal Madencilik Isletmeleri A/S 493,714 856
* Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S Class A 1,083,436 842
* Bera Holding A/S 1,053,425 804
* Migros Ticaret A/S 242,388 746
  Nuh Cimento Sanayi A/S 200,738 731
* Is Gayrimenkul Yatirim Ortakligi A/S 2,004,683 698
  Borusan Yatirim ve Pazarlama A/S 26,048 698
2 Mavi Giyim Sanayi Ve Ticaret A/S Class B 126,355 636
* Kizilbuk Gayrimenkul Yatirim Ortakligi A/S 211,297 634
  Turk Traktor ve Ziraat Makineleri A/S 37,913 630
  Otokar Otomotiv Ve Savunma Sanayi A/S 21,473 619
  Is Yatirim Menkul Degerler A/S 374,049 584
  Dogan Sirketler Grubu Holding A/S 2,527,597 574
  Logo Yazilim Sanayi Ve Ticaret A/S 182,908 559
*,2 MLP Saglik Hizmetleri A/S 211,529 543
  Tekfen Holding A/S 270,599 514
* NET Holding A/S 949,838 512
  Alarko Holding A/S 345,507 484
* Sekerbank Turk A/S 6,064,771 470
  Tat Gida Sanayi A/S 479,856 457
  Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A/S 459,771 457
  Kervan Gida Sanayi Ve Ticaret A/S 488,253 450
  Aygaz A/S 237,706 424
  EGE Endustri VE Ticaret A/S 3,085 406

    Shares Market
Value
($000)
* Kordsa Teknik Tekstil A/S 156,422 402
  Turkiye Sinai Kalkinma Bankasi A/S 3,253,811 372
  Vestel Elektronik Sanayi ve Ticaret A/S 201,985 368
* Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim A/S 314,777 361
  Dogus Otomotiv Servis ve Ticaret A/S 97,290 348
* Cimsa Cimento Sanayi VE Ticaret A/S 132,732 338
  EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A/S 429,215 286
  Yatas Yatak ve Yorgan Sanayi ve Ticaret A/S 302,098 259
* Torunlar Gayrimenkul Yatirim Ortakligi A/S 698,115 247
  Kartonsan Karton Sanayi ve Ticaret A/S 59,898 225
* Ziraat Gayrimenkul Yatirim Ortakligi A/S 1,375,593 225
  Brisa Bridgestone Sabanci Sanayi ve Ticaret A/S 107,400 221
* Konya Cimento Sanayii A/S 2,641 195
  Aksigorta A/S 311,939 187
* Is Finansal Kiralama A/S 769,793 184
  Akcansa Cimento A/S 140,513 182
* Zorlu Enerji Elektrik Uretim A/S 1,336,547 171
  Polisan Holding A/S 494,343 111
* Albaraka Turk Katilim Bankasi A/S 327,185 43
*,3 Asya Katilim Bankasi A/S 975,452
      37,853
United Arab Emirates (0.1%)
  GFH Financial Group BSC 10,133,536 3,406
* AL Yah Satellite Communications Co-Pjsc-Yah Sat 3,452,593 2,534
* Union Properties PJSC 6,840,061 571
* RAK Properties PJSC 2,080,530 467
*,3 Arabtec Holding PJSC 2,033,180 293
*,3 Drake & Scull International PJSC 1,238,097 125
      7,396
United Kingdom (10.1%)
  Tritax Big Box REIT plc 6,859,133 22,002
* Marks & Spencer Group plc 7,167,546 21,212
  Spectris plc 414,175 18,900
  Future plc 421,233 17,966
  UNITE Group plc 1,190,460 16,656
  Diploma plc 442,812 16,620
  Inchcape plc 1,385,807 15,803
* Beazley plc 2,216,325 14,715
  IG Group Holdings plc 1,324,948 14,586
  Rotork plc 3,128,935 14,381
*,2 Watches of Switzerland Group plc 824,844 14,370
  Endeavour Mining plc 640,384 14,250
  Investec plc 2,371,123 13,655
  Greggs plc 372,150 13,497
  Man Group plc 5,162,767 13,487
* S4 Capital plc 1,902,661 13,304
  Safestore Holdings plc 767,599 13,161
  Games Workshop Group plc 121,906 13,071
  Grafton Group plc 799,040 12,560
  Genus plc 240,014 12,389
  Britvic plc 996,565 12,231
  Big Yellow Group plc 604,889 12,205
  Drax Group plc 1,484,841 12,097
  LondonMetric Property plc 3,301,453 11,895
* Virgin Money UK plc 4,491,183 11,625
  Hays plc 5,786,456 11,276
  Grainger plc 2,729,978 11,118

    Shares Market
Value
($000)
  Vistry Group plc 801,593 11,114
* SSP Group plc 2,920,079 10,834
* WH Smith plc 469,014 10,523
* Carnival plc 568,862 10,439
  OSB Group plc 1,403,409 10,426
  Pets at Home Group plc 1,774,444 10,275
  Softcat plc 460,795 10,210
* IWG plc 2,643,382 10,181
  Ultra Electronics Holdings plc 256,843 10,077
  Great Portland Estates plc 945,114 9,792
  Cranswick plc 193,589 9,593
  Primary Health Properties plc 4,877,865 9,460
  Computacenter plc 262,337 9,447
  Pagegroup plc 1,163,403 9,180
  Domino's Pizza Group plc 1,747,941 9,164
  Close Brothers Group plc 521,105 9,055
  Savills plc 495,333 9,026
  Assura plc 9,810,796 8,874
* Playtech plc 1,113,613 8,773
  Victrex plc 306,735 8,544
  Shaftesbury plc 1,001,572 8,410
1 Hammerson plc 15,693,725 8,273
  Balfour Beatty plc 2,354,686 8,072
* Harbour Energy plc 1,613,385 7,873
2 Airtel Africa plc 3,793,917 7,850
  Serco Group plc 4,251,033 7,690
  QinetiQ Group plc 2,093,575 7,598
*,2 Countryside Properties plc 1,820,928 7,594
  Dunelm Group plc 419,681 7,563
  Spirent Communications plc 2,254,920 7,530
*,2 Wizz Air Holdings plc 135,724 7,439
  Micro Focus International plc 1,198,417 7,373
  Paragon Banking Group plc 945,472 7,282
* Ascential plc 1,523,729 7,279
  Plus500 Ltd. 366,186 7,271
* John Wood Group plc 2,402,111 7,231
  Bodycote plc 670,818 7,214
* Indivior plc 2,320,574 7,065
  Marshalls plc 740,353 7,049
* Frasers Group plc 699,358 6,947
  Redrow plc 815,890 6,874
* National Express Group plc 1,962,985 6,657
  Lancashire Holdings Ltd. 894,695 6,624
* Sanne Group plc 534,807 6,593
  IntegraFin Holdings plc 977,962 6,527
  Capital & Counties Properties plc 2,736,175 6,364
  Genuit Group plc 815,481 6,322
* Mediclinic International plc 1,459,343 6,295
  Sirius Real Estate Ltd. 3,568,689 6,238
*,2 Network International Holdings plc 1,736,604 6,184
  Synthomer plc 1,244,741 6,145
  Hill & Smith Holdings plc 295,820 5,989
  Oxford Instruments plc 198,187 5,868
* Helios Towers plc 2,828,763 5,848
* Energean plc 448,619 5,717
  Workspace Group plc 498,392 5,695
  TP ICAP Group plc 2,873,041 5,446
  Currys plc 3,719,830 5,365

    Shares Market
Value
($000)
  Rathbones Group plc 211,336 5,336
  Essentra plc 1,114,257 5,193
*,2 Trainline plc 1,714,801 5,191
* Capricorn Energy plc 1,833,091 5,111
  Jupiter Fund Management plc 1,620,687 5,028
  Moneysupermarket.com Group plc 1,943,347 4,966
  AJ Bell plc 1,079,759 4,924
  Euromoney Institutional Investor plc 396,102 4,913
  Centamin plc 4,042,373 4,872
  Rhi Magnesita NV 105,528 4,867
  Brewin Dolphin Holdings plc 1,086,348 4,824
*,2 Bridgepoint Group plc (Registered) 924,586 4,812
  Vesuvius plc 772,669 4,788
  Telecom Plus plc 235,737 4,777
  Redde Northgate plc 913,213 4,759
  Ninety One plc 1,347,607 4,741
  Coats Group plc 5,353,946 4,737
  IP Group plc 3,604,205 4,737
  FDM Group Holdings plc 318,587 4,660
  Liontrust Asset Management plc 210,592 4,617
  Morgan Advanced Materials plc 1,054,623 4,563
* Just Group plc 3,796,700 4,418
* C&C Group plc 1,464,686 4,391
  Morgan Sindall Group plc 147,776 4,270
  Kainos Group plc 207,643 4,269
  Premier Foods plc 2,590,860 4,134
* Elementis plc 2,140,569 4,130
  Clarkson plc 92,326 4,109
* Auction Technology Group plc 284,103 4,099
  Mitie Group plc 5,036,007 4,081
* Darktrace plc 736,398 4,080
* Provident Financial plc 953,794 4,045
*,2 Aston Martin Lagonda Global Holdings plc 245,192 3,980
  Crest Nicholson Holdings plc 905,921 3,938
* J D Wetherspoon plc 323,132 3,923
* Babcock International Group plc 947,067 3,879
  Chemring Group plc 1,046,077 3,875
2 Ibstock plc 1,441,642 3,863
*,1 Firstgroup plc 2,718,787 3,744
* Restaurant Group plc 2,867,057 3,676
* Moonpig Group plc 857,803 3,645
2 Biffa plc 787,377 3,616
  Ferrexpo plc 1,087,548 3,572
  XP Power Ltd. 52,507 3,453
  888 Holdings plc 995,277 3,436
*,2 Spire Healthcare Group plc 1,052,550 3,387
* Mitchells & Butlers plc 969,789 3,291
* Greencore Group plc 1,964,630 3,270
  Halfords Group plc 740,649 3,266
* Tullow Oil plc 4,792,092 3,243
  Hilton Food Group plc 222,635 3,129
  Bytes Technology Group plc (XLON) 487,406 3,055
  Keller Group plc 266,161 3,054
2 TI Fluid Systems plc Class B 944,671 3,042
  UK Commercial Property REIT Ltd. 2,738,813 3,029
  BMO Commercial Property Trust Ltd. 1,954,355 3,020
*,2 Trustpilot Group plc 1,155,975 2,878
* Senior plc 1,560,799 2,825

    Shares Market
Value
($000)
  Picton Property Income Ltd. 2,024,318 2,814
  Bank of Georgia Group plc 140,095 2,773
  NCC Group plc 1,043,975 2,686
* Marston's plc 2,456,907 2,686
* Capita plc 6,197,251 2,666
  TBC Bank Group plc 131,984 2,513
* Oxford Biomedica plc 219,664 2,506
*,1 Petropavlovsk plc 10,896,953 2,226
  Wickes Group plc 801,566 2,215
  Helical plc 376,500 2,196
*,1 Cineworld Group plc 3,862,447 2,075
* Stagecoach Group plc 1,638,909 2,024
* PureTech Health plc 545,253 2,024
  AG Barr plc 303,969 2,023
2 Vivo Energy plc 1,096,688 1,963
  PZ Cussons plc 703,741 1,836
  Devro plc 603,174 1,805
* Rank Group plc 782,151 1,665
  CLS Holdings plc 539,980 1,636
  Avon Protection plc 107,422 1,634
  Hochschild Mining plc 1,112,189 1,559
*,3 Go-Ahead Group plc 170,207 1,527
2 ContourGlobal plc 600,559 1,519
* Alphawave IP Group plc 703,577 1,518
*,1 AO World plc 1,070,062 1,455
* Petrofac Ltd. (XLON) 900,837 1,449
  Bytes Technology Group plc 236,220 1,441
2 CMC Markets plc 409,930 1,277
* SIG plc 2,190,358 1,220
2 Bakkavor Group plc 548,620 904
*,2 Funding Circle Holdings plc 566,599 727
2 Alfa Financial Software Holdings plc 194,168 437
  Hunting plc 81,139 236
*,2,3 Finablr plc 496,892 74
*,1,3 Intu Properties plc 2,727,625
*,3 Carillion plc 961,048
      1,142,213
Total Common Stocks (Cost $10,244,109) 11,128,806

    Shares Market
Value
($000)
Temporary Cash Investments (4.7%)
Money Market Fund (4.7%)
4,5 Vanguard Market Liquidity Fund, 0.120% (Cost $531,834) 5,318,862 531,833
Total Investments (103.4%) (Cost $10,775,943) 11,660,639
Other Assets and Liabilities—Net (-3.4%) (386,298)
Net Assets (100%) 11,274,341
Cost is in $000.
* Non-income-producing security.
1 Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $470,051,000.
2 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2022, the aggregate value was $471,242,000, representing 4.2% of net assets.
3 Security value determined using significant unobservable inputs.
4 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
5 Collateral of $489,777,000 was received for securities on loan, of which $488,091,000 is held in Vanguard Market Liquidity Fund and $1,686,000 is held in cash.
  ADR—American Depositary Receipt.
  GDR—Global Depositary Receipt.
  NVDR—Non-Voting Depository Receipt.
  REIT—Real Estate Investment Trust.

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
      ($000)
  Expiration Number of
Long (Short)
Contracts
Notional
Amount
Value and
Unrealized
Appreciation
(Depreciation)
Long Futures Contracts        
E-mini Russell 2000 Index March 2022 260 26,317 (2,165)
E-mini S&P 500 Index March 2022 160 36,034 14
MSCI EAFE Index March 2022 428 47,835 (888)
MSCI Emerging Markets Index March 2022 495 30,314 283
S&P TSX 60 Index March 2022 26 5,224 82
        (2,674)
    
Forward Currency Contracts
  Contract
Settlement
Date
Contract Amount (000) Unrealized
Appreciation
($000)
Unrealized
Depreciation
($000)
Counterparty Receive Deliver
HSBC Bank plc 3/16/22 CAD 2,639 USD 2,077 (2)
BNP Paribas 3/16/22 INR 632,891 USD 8,198 239
Citibank, N.A. 3/16/22 INR 512,088 USD 6,732 95
Bank of America, N.A. 3/16/22 USD 1,265 CHF 1,166 5
Morgan Stanley Capital Services Inc. 3/16/22 USD 11,128 EUR 9,849 52

Forward Currency Contracts (continued)
  Contract
Settlement
Date
Contract Amount (000) Unrealized
Appreciation
($000)
Unrealized
Depreciation
($000)
Counterparty Receive Deliver
Toronto-Dominion Bank 3/16/22 USD 10,761 GBP 8,147 (193)
Bank of America, N.A. 3/16/22 USD 468 JPY 53,120 6
            397 (195)
CAD—Canadian dollar.
CHF—Swiss franc.
EUR—euro.
GBP—British pound.
INR—Indian rupee.
JPY—Japanese yen.
USD—U.S. dollar.
A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities.
Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
B. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
C. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.

Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
D. Forward Currency Contracts: The fund enters into forward currency contracts to protect the value of securities and related receivables and payables against changes in future foreign exchange rates. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. Fluctuations in the value of the contracts are recorded as an asset (liability).
E.  Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.

The following table summarizes the market value of the fund’s investments and derivatives as of January 31, 2022, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks—North and South America 1,879,064 10,754 1,889,818
Common Stocks—Other 49,445 9,172,026 17,517 9,238,988
Temporary Cash Investments 531,833 531,833
Total 2,460,342 9,182,780 17,517 11,660,639
Derivative Financial Instruments
Assets        
Futures Contracts1 379 379
Forward Currency Contracts 397 397
Total 379 397 776
Liabilities        
Futures Contracts1 3,053 3,053
Forward Currency Contracts 195 195
Total 3,053 195 3,248
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.