UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT
OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-06093
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Name of Registrant: |
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Vanguard Institutional Index Funds |
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Address of Registrant: |
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P.O. Box 2600 |
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Valley Forge, PA 19482 |
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Name and address of agent for service: |
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Anne E. Robinson, Esquire |
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P.O. Box 876 |
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Valley Forge, PA 19482 |
Registrant’s telephone number, including area code: (610) 669-1000
Date of fiscal year end: December 31
Date of reporting period: January 1, 2019—June 30, 2019
Item 1: Reports to Shareholders
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Semiannual Report | June 30, 2019
Vanguard Institutional Index Fund
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See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports.
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Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.
You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
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Contents |
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About Your Fund’s Expenses |
1 |
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Financial Statements |
4 |
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Trustees Approve Advisory Arrangement |
22 |
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
· Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”
· Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
Six Months Ended June 30, 2019
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Beginning |
Ending |
Expenses |
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Account Value |
Account Value |
Paid During |
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Institutional Index Fund |
12/31/2018 |
6/30/2019 |
Period |
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Based on Actual Fund Return |
|
|
|
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Institutional Shares |
$1,000.00 |
$1,185.38 |
$0.19 |
|
Institutional Plus Shares |
1,000.00 |
1,185.41 |
0.11 |
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Based on Hypothetical 5% Yearly Return |
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|
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Institutional Shares |
$1,000.00 |
$1,024.62 |
$0.18 |
|
Institutional Plus Shares |
1,000.00 |
1,024.70 |
0.10 |
The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.035% for Institutional Shares and 0.02% for Institutional Plus Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (181/365).
Institutional Index Fund
Sector Diversification
As of June 30, 2019
|
Communication Services |
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10.2 |
% |
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Consumer Discretionary |
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10.2 |
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Consumer Staples |
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7.3 |
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Energy |
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5.0 |
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Financials |
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13.1 |
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Health Care |
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14.2 |
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Industrials |
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9.3 |
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Information Technology |
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21.5 |
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Materials |
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2.8 |
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Real Estate |
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3.1 |
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Utilities |
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3.3 |
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The table reflects the fund’s equity exposure, based on its investments in stocks and stock index futures. Any holdings in short-term reserves are excluded. Sector categories are based on the Global Industry Classification Standard (“GICS”), except for the “Other” category (if applicable), which includes securities that have not been provided a GICS classification as of the effective reporting period.
The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard and Poor’s, a division of McGraw-Hill Companies, Inc. (“S&P”), and is licensed for use by Vanguard. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classification makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of its affiliates or any third party involved in making or compiling the GICS or any GICS classification have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
Institutional Index Fund
Financial Statements (unaudited)
Statement of Net Assets
As of June 30, 2019
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.
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Market |
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Value· |
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Shares |
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($000 |
) |
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Common Stocks (99.6%)1 |
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Communication Services (10.2%) |
|
|
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| ||
|
* |
|
Facebook Inc. Class A |
|
22,432,647 |
|
4,329,501 |
|
|
* |
|
Alphabet Inc. Class C |
|
2,861,711 |
|
3,093,252 |
|
|
* |
|
Alphabet Inc. Class A |
|
2,795,676 |
|
3,027,158 |
|
|
|
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AT&T Inc. |
|
68,141,674 |
|
2,283,427 |
|
|
|
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Walt Disney Co. |
|
16,299,753 |
|
2,276,098 |
|
|
|
|
Verizon Communications Inc. |
|
38,615,257 |
|
2,206,090 |
|
|
|
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Comcast Corp. Class A |
|
42,290,538 |
|
1,788,044 |
|
|
* |
|
Netflix Inc. |
|
4,082,414 |
|
1,499,552 |
|
|
* |
|
Charter Communications Inc. Class A |
|
1,606,183 |
|
634,731 |
|
|
|
|
Activision Blizzard Inc. |
|
7,152,283 |
|
337,588 |
|
|
* |
|
Electronic Arts Inc. |
|
2,769,800 |
|
280,470 |
|
|
* |
|
Twitter Inc. |
|
6,818,044 |
|
237,950 |
|
|
|
|
Omnicom Group Inc. |
|
2,055,760 |
|
168,470 |
|
|
|
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CBS Corp. Class B |
|
3,286,349 |
|
163,989 |
|
|
|
|
Fox Corp. Class A |
|
3,335,492 |
|
122,212 |
|
|
* |
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Take-Two Interactive Software Inc. |
|
1,050,805 |
|
119,298 |
|
|
|
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CenturyLink Inc. |
|
8,958,439 |
|
105,351 |
|
|
|
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Viacom Inc. Class B |
|
3,302,281 |
|
98,639 |
|
|
* |
|
Discovery Communications Inc. |
|
3,368,867 |
|
95,844 |
|
|
* |
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DISH Network Corp. Class A |
|
2,154,500 |
|
82,754 |
|
|
|
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Interpublic Group of Cos. Inc. |
|
3,614,278 |
|
81,647 |
|
|
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News Corp. Class A |
|
4,792,644 |
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64,653 |
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|
|
|
Fox Corp. Class B |
|
1,499,010 |
|
54,759 |
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|
*,^ |
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Discovery Communications Inc. Class A |
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1,471,818 |
|
45,185 |
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|
* |
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TripAdvisor Inc. |
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964,451 |
|
44,644 |
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|
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23,241,306 |
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Consumer Discretionary (10.2%) |
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* |
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Amazon.com Inc. |
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3,861,435 |
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7,312,129 |
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Home Depot Inc. |
|
10,273,382 |
|
2,136,555 |
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McDonald’s Corp. |
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7,129,345 |
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1,480,480 |
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NIKE Inc. Class B |
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11,733,969 |
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985,067 |
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|
|
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Starbucks Corp. |
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11,309,077 |
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948,040 |
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* |
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Booking Holdings Inc. |
|
404,247 |
|
757,846 |
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|
|
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Lowe’s Cos. Inc. |
|
7,310,170 |
|
737,669 |
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|
|
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TJX Cos. Inc. |
|
11,322,694 |
|
598,744 |
|
|
|
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General Motors Co. |
|
12,317,476 |
|
474,592 |
|
|
|
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Target Corp. |
|
4,783,567 |
|
414,305 |
|
|
|
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Ford Motor Co. |
|
36,590,194 |
|
374,318 |
|
|
|
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Marriott International Inc. Class A |
|
2,580,669 |
|
362,042 |
|
|
|
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Ross Stores Inc. |
|
3,430,818 |
|
340,063 |
|
|
|
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Dollar General Corp. |
|
2,411,878 |
|
325,989 |
|
|
|
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Yum! Brands Inc. |
|
2,856,980 |
|
316,182 |
|
|
|
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eBay Inc. |
|
7,649,598 |
|
302,159 |
|
|
* |
|
O’Reilly Automotive Inc. |
|
730,917 |
|
269,942 |
|
|
|
|
Hilton Worldwide Holdings Inc. |
|
2,717,777 |
|
265,636 |
|
|
|
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VF Corp. |
|
3,040,766 |
|
265,611 |
|
|
* |
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AutoZone Inc. |
|
229,039 |
|
251,822 |
|
|
* |
|
Dollar Tree Inc. |
|
2,218,250 |
|
238,218 |
|
|
|
|
Aptiv plc |
|
2,407,816 |
|
194,624 |
|
|
|
|
Royal Caribbean Cruises Ltd. |
|
1,605,255 |
|
194,573 |
|
|
* |
|
Ulta Beauty Inc. |
|
518,548 |
|
179,879 |
|
|
|
|
Carnival Corp. |
|
3,738,710 |
|
174,037 |
|
|
* |
|
Chipotle Mexican Grill Inc. Class A |
|
227,688 |
|
166,868 |
|
|
|
|
Best Buy Co. Inc. |
|
2,169,312 |
|
151,266 |
|
|
|
|
Expedia Group Inc. |
|
1,104,894 |
|
146,984 |
|
|
|
|
Genuine Parts Co. |
|
1,363,849 |
|
141,267 |
|
|
|
|
Darden Restaurants Inc. |
|
1,148,307 |
|
139,783 |
|
|
|
|
DR Horton Inc. |
|
3,171,348 |
|
136,780 |
|
|
|
|
MGM Resorts International |
|
4,765,493 |
|
136,150 |
|
|
* |
|
CarMax Inc. |
|
1,551,815 |
|
134,744 |
|
|
|
|
Lennar Corp. Class A |
|
2,628,608 |
|
127,382 |
|
|
|
|
Tractor Supply Co. |
|
1,126,481 |
|
122,561 |
|
|
|
|
Hasbro Inc. |
|
1,081,197 |
|
114,261 |
|
|
|
|
Wynn Resorts Ltd. |
|
904,777 |
|
112,183 |
|
|
* |
|
Norwegian Cruise Line Holdings Ltd. |
|
2,008,986 |
|
107,742 |
|
|
|
|
Advance Auto Parts Inc. |
|
669,107 |
|
103,136 |
|
|
|
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Tiffany & Co. |
|
1,008,944 |
|
94,478 |
|
Institutional Index Fund
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Market |
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Value· |
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Shares |
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($000 |
) |
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Garmin Ltd. |
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1,132,368 |
|
90,363 |
|
|
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Tapestry Inc. |
|
2,709,166 |
|
85,962 |
|
|
* |
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Mohawk Industries Inc. |
|
574,989 |
|
84,794 |
|
|
|
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Whirlpool Corp. |
|
590,954 |
|
84,128 |
|
|
|
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BorgWarner Inc. |
|
1,936,308 |
|
81,286 |
|
|
* |
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LKQ Corp. |
|
2,927,536 |
|
77,902 |
|
|
|
|
PulteGroup Inc. |
|
2,380,755 |
|
75,279 |
|
|
|
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Kohl’s Corp. |
|
1,512,803 |
|
71,934 |
|
|
|
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PVH Corp. |
|
699,445 |
|
66,195 |
|
|
|
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Macy’s Inc. |
|
2,883,760 |
|
61,886 |
|
|
|
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Hanesbrands Inc. |
|
3,382,616 |
|
58,249 |
|
|
|
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Newell Brands Inc. |
|
3,638,531 |
|
56,106 |
|
|
|
|
L Brands Inc. |
|
2,141,597 |
|
55,896 |
|
|
|
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H&R Block Inc. |
|
1,896,947 |
|
55,581 |
|
|
|
|
Ralph Lauren Corp. Class A |
|
486,831 |
|
55,299 |
|
|
|
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Harley-Davidson Inc. |
|
1,481,390 |
|
53,078 |
|
|
* |
|
Capri Holdings Ltd. |
|
1,406,988 |
|
48,794 |
|
|
|
|
Leggett & Platt Inc. |
|
1,222,371 |
|
46,902 |
|
|
* |
|
Under Armour Inc. Class A |
|
1,759,092 |
|
44,593 |
|
|
|
|
Foot Locker Inc. |
|
1,050,118 |
|
44,021 |
|
|
* |
|
Under Armour Inc. Class C |
|
1,809,966 |
|
40,181 |
|
|
|
|
Gap Inc. |
|
1,980,887 |
|
35,597 |
|
|
|
|
Nordstrom Inc. |
|
986,618 |
|
31,434 |
|
|
|
|
Lennar Corp. Class B |
|
46,974 |
|
1,809 |
|
|
|
|
|
|
|
|
23,243,376 |
|
|
Consumer Staples (7.2%) |
|
|
|
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| ||
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|
|
Procter & Gamble Co. |
|
23,420,140 |
|
2,568,018 |
|
|
|
|
Coca-Cola Co. |
|
35,849,356 |
|
1,825,449 |
|
|
|
|
PepsiCo Inc. |
|
13,088,839 |
|
1,716,339 |
|
|
|
|
Walmart Inc. |
|
13,060,753 |
|
1,443,083 |
|
|
|
|
Philip Morris International Inc. |
|
14,526,531 |
|
1,140,768 |
|
|
|
|
Costco Wholesale Corp. |
|
4,106,345 |
|
1,085,143 |
|
|
|
|
Altria Group Inc. |
|
17,468,721 |
|
827,144 |
|
|
|
|
Mondelez International Inc. Class A |
|
13,449,870 |
|
724,948 |
|
|
|
|
Colgate-Palmolive Co. |
|
8,015,945 |
|
574,503 |
|
|
|
|
Kimberly-Clark Corp. |
|
3,209,952 |
|
427,822 |
|
|
|
|
Walgreens Boots Alliance Inc. |
|
7,256,488 |
|
396,712 |
|
|
|
|
Estee Lauder Cos. Inc. Class A |
|
2,047,250 |
|
374,872 |
|
|
|
|
Sysco Corp. |
|
4,415,180 |
|
312,242 |
|
|
|
|
Constellation Brands Inc. Class A |
|
1,561,312 |
|
307,485 |
|
|
|
|
General Mills Inc. |
|
5,591,098 |
|
293,644 |
|
|
* |
|
Monster Beverage Corp. |
|
3,654,391 |
|
233,260 |
|
|
|
|
Tyson Foods Inc. Class A |
|
2,752,688 |
|
222,252 |
|
|
|
|
Archer-Daniels-Midland Co. |
|
5,230,607 |
|
213,409 |
|
|
|
|
Clorox Co. |
|
1,189,266 |
|
182,089 |
|
|
|
|
Kraft Heinz Co. |
|
5,809,136 |
|
180,316 |
|
|
|
|
McCormick & Co. Inc. |
|
1,143,426 |
|
177,242 |
|
|
|
|
Hershey Co. |
|
1,300,721 |
|
174,336 |
|
|
|
|
Church & Dwight Co. Inc. |
|
2,298,992 |
|
167,964 |
|
|
|
|
Kroger Co. |
|
7,532,206 |
|
163,524 |
|
|
|
|
Kellogg Co. |
|
2,321,051 |
|
124,339 |
|
|
|
|
JM Smucker Co. |
|
1,061,910 |
|
122,321 |
|
|
|
|
Conagra Brands Inc. |
|
4,536,650 |
|
120,312 |
|
|
^ |
|
Hormel Foods Corp. |
|
2,542,475 |
|
103,072 |
|
|
|
|
Molson Coors Brewing Co. Class B |
|
1,753,558 |
|
98,199 |
|
|
|
|
Lamb Weston Holdings Inc. |
|
1,363,710 |
|
86,405 |
|
|
|
|
Brown-Forman Corp. Class B |
|
1,553,326 |
|
86,101 |
|
|
|
|
Campbell Soup Co. |
|
1,799,787 |
|
72,117 |
|
|
|
|
Coty Inc. Class A |
|
2,813,747 |
|
37,704 |
|
|
|
|
|
|
|
|
16,583,134 |
|
|
Energy (5.0%) |
|
|
|
|
| ||
|
|
|
Exxon Mobil Corp. |
|
39,505,943 |
|
3,027,340 |
|
|
|
|
Chevron Corp. |
|
17,786,264 |
|
2,213,323 |
|
|
|
|
ConocoPhillips |
|
10,552,723 |
|
643,716 |
|
|
|
|
Schlumberger Ltd. |
|
12,933,181 |
|
513,965 |
|
|
|
|
EOG Resources Inc. |
|
5,418,695 |
|
504,806 |
|
|
|
|
Kinder Morgan Inc. |
|
18,177,592 |
|
379,548 |
|
|
|
|
Phillips 66 |
|
3,900,020 |
|
364,808 |
|
|
|
|
Occidental Petroleum Corp. |
|
6,984,334 |
|
351,172 |
|
|
|
|
Marathon Petroleum Corp. |
|
6,187,049 |
|
345,732 |
|
|
|
|
Valero Energy Corp. |
|
3,895,808 |
|
333,520 |
|
|
|
|
Anadarko Petroleum Corp. |
|
4,688,390 |
|
330,813 |
|
|
|
|
Williams Cos. Inc. |
|
11,314,404 |
|
317,256 |
|
|
|
|
ONEOK Inc. |
|
3,853,994 |
|
265,193 |
|
|
|
|
Pioneer Natural Resources Co. |
|
1,572,625 |
|
241,964 |
|
|
|
|
Concho Resources Inc. |
|
1,873,007 |
|
193,257 |
|
|
|
|
Halliburton Co. |
|
8,161,180 |
|
185,585 |
|
|
|
|
Diamondback Energy Inc. |
|
1,445,410 |
|
157,506 |
|
|
|
|
Hess Corp. |
|
2,380,156 |
|
151,307 |
|
|
|
|
Baker Hughes a GE Co. Class A |
|
4,807,928 |
|
118,419 |
|
|
|
|
Devon Energy Corp. |
|
3,874,985 |
|
110,515 |
|
|
|
|
Marathon Oil Corp. |
|
7,633,404 |
|
108,471 |
|
|
|
|
TechnipFMC plc |
|
3,932,944 |
|
102,021 |
|
|
|
|
Apache Corp. |
|
3,510,438 |
|
101,697 |
|
|
|
|
Noble Energy Inc. |
|
4,465,773 |
|
100,033 |
|
|
|
|
Cabot Oil & Gas Corp. |
|
3,952,591 |
|
90,752 |
|
Institutional Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
National Oilwell Varco Inc. |
|
3,604,134 |
|
80,120 |
|
|
|
|
HollyFrontier Corp. |
|
1,467,203 |
|
67,902 |
|
|
|
|
Cimarex Energy Co. |
|
946,348 |
|
56,147 |
|
|
|
|
Helmerich & Payne Inc. |
|
1,030,689 |
|
52,173 |
|
|
|
|
|
|
|
|
11,509,061 |
|
|
Financials (13.1%) |
|
|
|
|
| ||
|
* |
|
Berkshire Hathaway Inc. Class B |
|
18,093,401 |
|
3,856,970 |
|
|
|
|
JPMorgan Chase & Co. |
|
30,288,991 |
|
3,386,309 |
|
|
|
|
Bank of America Corp. |
|
82,564,028 |
|
2,394,357 |
|
|
|
|
Wells Fargo & Co. |
|
37,767,283 |
|
1,787,148 |
|
|
|
|
Citigroup Inc. |
|
21,591,679 |
|
1,512,065 |
|
|
|
|
American Express Co. |
|
6,393,684 |
|
789,236 |
|
|
|
|
US Bancorp |
|
13,973,051 |
|
732,188 |
|
|
|
|
Goldman Sachs Group Inc. |
|
3,176,755 |
|
649,964 |
|
|
|
|
CME Group Inc. |
|
3,342,404 |
|
648,794 |
|
|
|
|
Chubb Ltd. |
|
4,275,102 |
|
629,680 |
|
|
|
|
PNC Financial Services Group Inc. |
|
4,215,051 |
|
578,642 |
|
|
|
|
S&P Global Inc. |
|
2,297,787 |
|
523,413 |
|
|
|
|
Morgan Stanley |
|
11,937,567 |
|
522,985 |
|
|
|
|
BlackRock Inc. |
|
1,110,903 |
|
521,347 |
|
|
|
|
Marsh & McLennan Cos. Inc. |
|
4,774,432 |
|
476,250 |
|
|
|
|
Intercontinental Exchange Inc. |
|
5,264,891 |
|
452,465 |
|
|
|
|
Charles Schwab Corp. |
|
11,094,112 |
|
445,872 |
|
|
|
|
MetLife Inc. |
|
8,873,594 |
|
440,751 |
|
|
|
|
Progressive Corp. |
|
5,452,656 |
|
435,831 |
|
|
|
|
Aon plc |
|
2,245,759 |
|
433,387 |
|
|
|
|
American International Group Inc. |
|
8,120,919 |
|
432,683 |
|
|
|
|
Capital One Financial Corp. |
|
4,384,737 |
|
397,871 |
|
|
|
|
Prudential Financial Inc. |
|
3,790,766 |
|
382,867 |
|
|
|
|
Aflac Inc. |
|
6,960,371 |
|
381,498 |
|
|
|
|
Travelers Cos. Inc. |
|
2,445,462 |
|
365,646 |
|
|
|
|
Bank of New York Mellon Corp. |
|
8,225,265 |
|
363,145 |
|
|
|
|
BB&T Corp. |
|
7,151,393 |
|
351,348 |
|
|
|
|
Allstate Corp. |
|
3,110,255 |
|
316,282 |
|
|
|
|
Moody’s Corp. |
|
1,540,235 |
|
300,823 |
|
|
|
|
SunTrust Banks Inc. |
|
4,144,002 |
|
260,451 |
|
|
|
|
T. Rowe Price Group Inc. |
|
2,208,123 |
|
242,253 |
|
|
|
|
Discover Financial Services |
|
3,022,930 |
|
234,549 |
|
|
|
|
Willis Towers Watson plc |
|
1,206,659 |
|
231,123 |
|
|
|
|
M&T Bank Corp. |
|
1,275,702 |
|
216,959 |
|
|
|
|
Synchrony Financial |
|
5,921,351 |
|
205,293 |
|
|
|
|
State Street Corp. |
|
3,484,389 |
|
195,335 |
|
|
|
|
Fifth Third Bancorp |
|
6,789,735 |
|
189,434 |
|
|
|
|
MSCI Inc. Class A |
|
790,725 |
|
188,817 |
|
|
|
|
Hartford Financial Services Group Inc. |
|
3,375,415 |
|
188,078 |
|
|
|
|
Northern Trust Corp. |
|
2,032,568 |
|
182,931 |
|
|
|
|
Ameriprise Financial Inc. |
|
1,250,371 |
|
181,504 |
|
|
|
|
KeyCorp |
|
9,414,780 |
|
167,112 |
|
|
|
|
Arthur J Gallagher & Co. |
|
1,729,730 |
|
151,507 |
|
|
|
|
Citizens Financial Group Inc. |
|
4,279,935 |
|
151,339 |
|
|
|
|
Cincinnati Financial Corp. |
|
1,416,438 |
|
146,842 |
|
|
|
|
Regions Financial Corp. |
|
9,461,120 |
|
141,349 |
|
|
|
|
Principal Financial Group Inc. |
|
2,418,788 |
|
140,096 |
|
|
|
|
Loews Corp. |
|
2,505,412 |
|
136,971 |
|
|
|
|
Huntington Bancshares Inc. |
|
9,767,246 |
|
134,983 |
|
|
|
|
Lincoln National Corp. |
|
1,889,493 |
|
121,778 |
|
|
|
|
First Republic Bank |
|
1,163,603 |
|
113,626 |
|
|
* |
|
SVB Financial Group |
|
488,663 |
|
109,749 |
|
|
|
|
Cboe Global Markets Inc. |
|
1,042,492 |
|
108,033 |
|
|
|
|
Comerica Inc. |
|
1,439,712 |
|
104,581 |
|
|
|
|
Nasdaq Inc. |
|
1,083,092 |
|
104,161 |
|
|
|
|
E*TRADE Financial Corp. |
|
2,285,095 |
|
101,915 |
|
|
|
|
Raymond James Financial Inc. |
|
1,179,395 |
|
99,718 |
|
|
|
|
Franklin Resources Inc. |
|
2,748,791 |
|
95,658 |
|
|
|
|
Everest Re Group Ltd. |
|
380,349 |
|
94,015 |
|
|
|
|
MarketAxess Holdings Inc. |
|
283,697 |
|
91,186 |
|
|
|
|
Torchmark Corp. |
|
943,768 |
|
84,430 |
|
|
|
|
Zions Bancorp NA |
|
1,705,319 |
|
78,411 |
|
|
|
|
Invesco Ltd. |
|
3,740,771 |
|
76,536 |
|
|
|
|
Unum Group |
|
1,978,431 |
|
66,376 |
|
|
|
|
People’s United Financial Inc. |
|
3,683,317 |
|
61,806 |
|
|
|
|
Assurant Inc. |
|
575,072 |
|
61,176 |
|
|
|
|
Jefferies Financial Group Inc. |
|
2,360,859 |
|
45,399 |
|
|
|
|
Affiliated Managers Group Inc. |
|
476,953 |
|
43,946 |
|
|
|
|
|
|
|
|
29,859,243 |
|
|
Health Care (14.1%) |
|
|
|
|
| ||
|
|
|
Johnson & Johnson |
|
24,790,444 |
|
3,452,813 |
|
|
|
|
Pfizer Inc. |
|
51,837,440 |
|
2,245,598 |
|
|
|
|
UnitedHealth Group Inc. |
|
8,643,502 |
|
2,109,101 |
|
|
|
|
Merck & Co. Inc. |
|
24,039,559 |
|
2,015,717 |
|
|
|
|
Abbott Laboratories |
|
16,472,270 |
|
1,385,318 |
|
|
|
|
Medtronic plc |
|
12,518,090 |
|
1,219,137 |
|
Institutional Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Thermo Fisher Scientific Inc. |
|
3,734,756 |
|
1,096,823 |
|
|
|
|
Amgen Inc. |
|
5,694,948 |
|
1,049,465 |
|
|
|
|
AbbVie Inc. |
|
13,803,258 |
|
1,003,773 |
|
|
|
|
Eli Lilly & Co. |
|
8,067,550 |
|
893,804 |
|
|
|
|
Danaher Corp. |
|
5,882,603 |
|
840,742 |
|
|
|
|
Gilead Sciences Inc. |
|
11,872,508 |
|
802,107 |
|
|
|
|
Bristol-Myers Squibb Co. |
|
15,272,944 |
|
692,628 |
|
|
|
|
Anthem Inc. |
|
2,401,578 |
|
677,749 |
|
|
|
|
CVS Health Corp. |
|
12,130,004 |
|
660,964 |
|
|
|
|
Becton Dickinson and Co. |
|
2,518,528 |
|
634,694 |
|
|
* |
|
Celgene Corp. |
|
6,585,116 |
|
608,728 |
|
|
|
|
Stryker Corp. |
|
2,891,469 |
|
594,428 |
|
|
* |
|
Intuitive Surgical Inc. |
|
1,077,980 |
|
565,454 |
|
|
|
|
Cigna Corp. |
|
3,543,221 |
|
558,235 |
|
|
* |
|
Boston Scientific Corp. |
|
12,984,839 |
|
558,088 |
|
|
|
|
Zoetis Inc. |
|
4,469,386 |
|
507,231 |
|
|
* |
|
Illumina Inc. |
|
1,372,593 |
|
505,320 |
|
|
|
|
Allergan plc |
|
2,877,106 |
|
481,714 |
|
|
* |
|
Vertex Pharmaceuticals Inc. |
|
2,391,423 |
|
438,539 |
|
|
* |
|
Biogen Inc. |
|
1,810,468 |
|
423,414 |
|
|
|
|
Baxter International Inc. |
|
4,430,123 |
|
362,827 |
|
|
* |
|
Edwards Lifesciences Corp. |
|
1,946,863 |
|
359,664 |
|
|
|
|
HCA Healthcare Inc. |
|
2,493,216 |
|
337,008 |
|
|
|
|
Humana Inc. |
|
1,260,984 |
|
334,539 |
|
|
* |
|
Alexion Pharmaceuticals Inc. |
|
2,093,751 |
|
274,240 |
|
|
|
|
McKesson Corp. |
|
1,773,938 |
|
238,400 |
|
|
* |
|
IQVIA Holdings Inc. |
|
1,473,439 |
|
237,076 |
|
|
* |
|
Regeneron Pharmaceuticals Inc. |
|
734,315 |
|
229,841 |
|
|
|
|
Zimmer Biomet Holdings Inc. |
|
1,912,312 |
|
225,156 |
|
|
|
|
Cerner Corp. |
|
3,038,711 |
|
222,738 |
|
|
* |
|
IDEXX Laboratories Inc. |
|
803,077 |
|
221,111 |
|
|
|
|
Agilent Technologies Inc. |
|
2,950,807 |
|
220,337 |
|
|
* |
|
Centene Corp. |
|
3,860,059 |
|
202,422 |
|
|
* |
|
Mettler-Toledo International Inc. |
|
231,635 |
|
194,573 |
|
|
* |
|
Align Technology Inc. |
|
679,759 |
|
186,050 |
|
|
|
|
ResMed Inc. |
|
1,338,885 |
|
163,384 |
|
|
* |
|
Laboratory Corp. of America Holdings |
|
919,880 |
|
159,047 |
|
|
|
|
Cooper Cos. Inc. |
|
462,143 |
|
155,691 |
|
|
|
|
Teleflex Inc. |
|
431,022 |
|
142,733 |
|
|
* |
|
Incyte Corp. |
|
1,661,858 |
|
141,191 |
|
|
* |
|
Waters Corp. |
|
648,812 |
|
139,650 |
|
|
* |
|
WellCare Health Plans Inc. |
|
469,858 |
|
133,942 |
|
|
|
|
Cardinal Health Inc. |
|
2,783,276 |
|
131,092 |
|
|
|
|
Quest Diagnostics Inc. |
|
1,254,692 |
|
127,740 |
|
|
|
|
Dentsply Sirona Inc. |
|
2,184,557 |
|
127,491 |
|
|
|
|
AmerisourceBergen Corp. Class A |
|
1,451,919 |
|
123,791 |
|
|
* |
|
Hologic Inc. |
|
2,502,167 |
|
120,154 |
|
|
* |
|
Varian Medical Systems Inc. |
|
848,743 |
|
115,539 |
|
|
* |
|
ABIOMED Inc. |
|
421,411 |
|
109,773 |
|
|
|
|
Universal Health Services Inc. Class B |
|
772,990 |
|
100,790 |
|
|
|
|
PerkinElmer Inc. |
|
1,034,225 |
|
99,637 |
|
|
* |
|
Henry Schein Inc. |
|
1,390,028 |
|
97,163 |
|
|
* |
|
Mylan NV |
|
4,807,194 |
|
91,529 |
|
|
* |
|
DaVita Inc. |
|
1,178,728 |
|
66,315 |
|
|
* |
|
Nektar Therapeutics Class A |
|
1,626,406 |
|
57,868 |
|
|
|
|
Perrigo Co. plc |
|
1,170,114 |
|
55,721 |
|
|
|
|
|
|
|
|
32,327,807 |
|
|
Industrials (9.3%) |
|
|
|
|
| ||
|
|
|
Boeing Co. |
|
4,885,580 |
|
1,778,400 |
|
|
|
|
Honeywell International Inc. |
|
6,794,953 |
|
1,186,331 |
|
|
|
|
Union Pacific Corp. |
|
6,609,164 |
|
1,117,676 |
|
|
|
|
United Technologies Corp. |
|
7,573,547 |
|
986,076 |
|
|
|
|
3M Co. |
|
5,382,205 |
|
932,951 |
|
|
|
|
General Electric Co. |
|
81,426,448 |
|
854,978 |
|
|
|
|
Lockheed Martin Corp. |
|
2,295,109 |
|
834,364 |
|
|
|
|
Caterpillar Inc. |
|
5,339,622 |
|
727,737 |
|
|
|
|
United Parcel Service Inc. Class B |
|
6,512,824 |
|
672,579 |
|
|
|
|
CSX Corp. |
|
7,177,513 |
|
555,324 |
|
|
|
|
Northrop Grumman Corp. |
|
1,585,421 |
|
512,265 |
|
|
|
|
Norfolk Southern Corp. |
|
2,483,361 |
|
495,008 |
|
|
|
|
Deere & Co. |
|
2,959,758 |
|
490,461 |
|
|
|
|
General Dynamics Corp. |
|
2,535,391 |
|
460,985 |
|
|
|
|
Raytheon Co. |
|
2,600,843 |
|
452,235 |
|
|
|
|
Illinois Tool Works Inc. |
|
2,798,328 |
|
422,016 |
|
|
|
|
Waste Management Inc. |
|
3,648,297 |
|
420,904 |
|
|
|
|
Emerson Electric Co. |
|
5,738,697 |
|
382,886 |
|
|
|
|
FedEx Corp. |
|
2,238,434 |
|
367,528 |
|
|
|
|
Roper Technologies Inc. |
|
969,658 |
|
355,147 |
|
|
|
|
Eaton Corp. plc |
|
3,950,375 |
|
328,987 |
|
|
|
|
Delta Air Lines Inc. |
|
5,562,643 |
|
315,680 |
|
|
|
|
Johnson Controls International plc |
|
7,430,978 |
|
306,974 |
|
|
|
|
Ingersoll-Rand plc |
|
2,251,695 |
|
285,222 |
|
|
|
|
PACCAR Inc. |
|
3,234,775 |
|
231,804 |
|
|
|
|
Cummins Inc. |
|
1,352,877 |
|
231,802 |
|
|
|
|
Southwest Airlines Co. |
|
4,563,944 |
|
231,757 |
|
|
|
|
Fortive Corp. |
|
2,753,448 |
|
224,461 |
|
Institutional Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Verisk Analytics Inc. Class A |
|
1,528,415 |
|
223,852 |
|
|
* |
|
TransDigm Group Inc. |
|
456,872 |
|
221,035 |
|
|
* |
|
IHS Markit Ltd. |
|
3,396,903 |
|
216,451 |
|
|
|
|
Harris Corp. |
|
1,094,381 |
|
206,980 |
|
|
|
|
Stanley Black & Decker Inc. |
|
1,414,855 |
|
204,602 |
|
|
|
|
Parker-Hannifin Corp. |
|
1,197,871 |
|
203,650 |
|
|
|
|
AMETEK Inc. |
|
2,127,476 |
|
193,260 |
|
|
|
|
Cintas Corp. |
|
791,018 |
|
187,701 |
|
|
|
|
L3 Technologies Inc. |
|
747,238 |
|
183,200 |
|
|
|
|
Rockwell Automation Inc. |
|
1,105,206 |
|
181,066 |
|
|
* |
|
United Continental Holdings Inc. |
|
2,063,984 |
|
180,702 |
|
|
|
|
Republic Services Inc. Class A |
|
2,012,086 |
|
174,327 |
|
|
|
|
Fastenal Co. |
|
5,344,205 |
|
174,168 |
|
|
|
|
Equifax Inc. |
|
1,128,229 |
|
152,582 |
|
|
* |
|
Copart Inc. |
|
1,882,753 |
|
140,717 |
|
|
|
|
Xylem Inc. |
|
1,680,046 |
|
140,519 |
|
|
|
|
Dover Corp. |
|
1,356,916 |
|
135,963 |
|
|
|
|
Expeditors International of Washington Inc. |
|
1,606,213 |
|
121,847 |
|
|
|
|
American Airlines Group Inc. |
|
3,695,008 |
|
120,494 |
|
|
|
|
Textron Inc. |
|
2,171,949 |
|
115,200 |
|
|
|
|
Kansas City Southern |
|
939,331 |
|
114,429 |
|
|
|
|
WW Grainger Inc. |
|
419,313 |
|
112,472 |
|
|
^ |
|
Wabtec Corp. |
|
1,510,576 |
|
108,399 |
|
|
|
|
CH Robinson Worldwide Inc. |
|
1,274,675 |
|
107,519 |
|
|
|
|
Masco Corp. |
|
2,737,901 |
|
107,435 |
|
|
* |
|
United Rentals Inc. |
|
734,333 |
|
97,395 |
|
|
|
|
Allegion plc |
|
876,826 |
|
96,933 |
|
|
|
|
Arconic Inc. |
|
3,728,493 |
|
96,270 |
|
|
|
|
Jacobs Engineering Group Inc. |
|
1,071,833 |
|
90,452 |
|
|
|
|
Huntington Ingalls Industries Inc. |
|
388,113 |
|
87,225 |
|
|
|
|
Snap-on Inc. |
|
517,327 |
|
85,690 |
|
|
|
|
Nielsen Holdings plc |
|
3,319,501 |
|
75,021 |
|
|
|
|
Fortune Brands Home & Security Inc. |
|
1,306,993 |
|
74,668 |
|
|
|
|
JB Hunt Transport Services Inc. |
|
812,420 |
|
74,263 |
|
|
|
|
Alaska Air Group Inc. |
|
1,153,495 |
|
73,720 |
|
|
|
|
Flowserve Corp. |
|
1,224,745 |
|
64,532 |
|
|
|
|
Robert Half International Inc. |
|
1,105,320 |
|
63,014 |
|
|
|
|
AO Smith Corp. |
|
1,316,536 |
|
62,088 |
|
|
|
|
Pentair plc |
|
1,476,779 |
|
54,936 |
|
|
|
|
Quanta Services Inc. |
|
1,324,959 |
|
50,600 |
|
|
|
|
Rollins Inc. |
|
1,372,875 |
|
49,245 |
|
|
|
|
|
|
|
|
21,387,160 |
|
|
Information Technology (21.4%) |
|
|
|
|
| ||
|
|
|
Microsoft Corp. |
|
71,547,981 |
|
9,584,568 |
|
|
|
|
Apple Inc. |
|
40,812,479 |
|
8,077,606 |
|
|
|
|
Visa Inc. Class A |
|
16,236,970 |
|
2,817,926 |
|
|
|
|
Mastercard Inc. Class A |
|
8,391,898 |
|
2,219,909 |
|
|
|
|
Cisco Systems Inc. |
|
39,969,389 |
|
2,187,525 |
|
|
|
|
Intel Corp. |
|
41,801,916 |
|
2,001,058 |
|
|
* |
|
Adobe Inc. |
|
4,556,024 |
|
1,342,432 |
|
|
|
|
Oracle Corp. |
|
22,656,602 |
|
1,290,747 |
|
|
* |
|
PayPal Holdings Inc. |
|
10,970,431 |
|
1,255,675 |
|
|
|
|
International Business Machines Corp. |
|
8,278,524 |
|
1,141,608 |
|
|
|
|
Accenture plc Class A |
|
5,955,480 |
|
1,100,394 |
|
|
* |
|
salesforce.com Inc. |
|
7,250,656 |
|
1,100,142 |
|
|
|
|
Broadcom Inc. |
|
3,696,023 |
|
1,063,937 |
|
|
|
|
Texas Instruments Inc. |
|
8,760,031 |
|
1,005,301 |
|
|
|
|
NVIDIA Corp. |
|
5,686,310 |
|
933,863 |
|
|
|
|
QUALCOMM Inc. |
|
11,350,988 |
|
863,470 |
|
|
|
|
Automatic Data Processing Inc. |
|
4,063,709 |
|
671,853 |
|
|
|
|
Intuit Inc. |
|
2,420,547 |
|
632,562 |
|
|
* |
|
Micron Technology Inc. |
|
10,333,471 |
|
398,769 |
|
|
|
|
Applied Materials Inc. |
|
8,740,548 |
|
392,538 |
|
|
|
|
Analog Devices Inc. |
|
3,452,453 |
|
389,678 |
|
|
|
|
Fidelity National Information Services Inc. |
|
3,023,667 |
|
370,943 |
|
|
|
|
Cognizant Technology Solutions Corp. Class A |
|
5,315,446 |
|
336,946 |
|
|
* |
|
Autodesk Inc. |
|
2,050,647 |
|
334,050 |
|
|
* |
|
Fiserv Inc. |
|
3,664,305 |
|
334,038 |
|
|
* |
|
Red Hat Inc. |
|
1,659,745 |
|
311,634 |
|
|
|
|
TE Connectivity Ltd. |
|
3,145,574 |
|
301,283 |
|
|
|
|
HP Inc. |
|
14,064,762 |
|
292,406 |
|
|
|
|
Xilinx Inc. |
|
2,370,837 |
|
279,569 |
|
|
|
|
Amphenol Corp. Class A |
|
2,789,595 |
|
267,634 |
|
|
|
|
Lam Research Corp. |
|
1,399,861 |
|
262,950 |
|
|
|
|
Motorola Solutions Inc. |
|
1,538,661 |
|
256,541 |
|
|
* |
|
Advanced Micro Devices Inc. |
|
8,281,175 |
|
251,499 |
|
|
|
|
Paychex Inc. |
|
2,986,473 |
|
245,757 |
|
|
|
|
Corning Inc. |
|
7,327,988 |
|
243,509 |
|
|
|
|
Global Payments Inc. |
|
1,463,042 |
|
234,277 |
|
|
* |
|
FleetCor Technologies Inc. |
|
804,773 |
|
226,020 |
|
|
* |
|
VeriSign Inc. |
|
979,364 |
|
204,844 |
|
|
|
|
Total System Services Inc. |
|
1,520,171 |
|
194,992 |
|
|
^ |
|
Microchip Technology Inc. |
|
2,221,579 |
|
192,611 |
|
|
|
|
Hewlett Packard Enterprise Co. |
|
12,503,941 |
|
186,934 |
|
Institutional Index Fund
|
|
|
|
|
|
|
Market |
| |
|
|
|
|
|
|
|
Value· |
| |
|
|
|
|
|
Shares |
|
($000 |
) | |
|
* |
|
Cadence Design Systems Inc. |
|
2,624,026 |
|
185,807 |
| |
|
* |
|
Synopsys Inc. |
|
1,399,686 |
|
180,126 |
| |
|
|
|
KLA-Tencor Corp. |
|
1,509,119 |
|
178,378 |
| |
|
* |
|
ANSYS Inc. |
|
783,669 |
|
160,511 |
| |
|
* |
|
Keysight Technologies Inc. |
|
1,757,143 |
|
157,809 |
| |
|
|
|
Maxim Integrated Products Inc. |
|
2,543,682 |
|
152,163 |
| |
|
|
|
NetApp Inc. |
|
2,306,182 |
|
142,291 |
| |
|
|
|
Broadridge Financial Solutions Inc. |
|
1,084,490 |
|
138,468 |
| |
|
|
|
DXC Technology Co. |
|
2,504,986 |
|
138,150 |
| |
|
* |
|
Gartner Inc. |
|
841,203 |
|
135,383 |
| |
|
|
|
Western Digital Corp. |
|
2,735,768 |
|
130,086 |
| |
|
* |
|
Arista Networks Inc. |
|
493,534 |
|
128,131 |
| |
|
|
|
Symantec Corp. |
|
5,770,677 |
|
125,570 |
| |
|
|
|
Skyworks Solutions Inc. |
|
1,612,257 |
|
124,579 |
| |
|
* |
|
Akamai Technologies Inc. |
|
1,531,652 |
|
122,747 |
| |
|
|
|
Citrix Systems Inc. |
|
1,167,889 |
|
114,617 |
| |
|
|
|
Seagate Technology plc |
|
2,352,369 |
|
110,844 |
| |
|
* |
|
Fortinet Inc. |
|
1,355,337 |
|
104,131 |
| |
|
|
|
Jack Henry & Associates Inc. |
|
720,967 |
|
96,552 |
| |
|
|
|
Juniper Networks Inc. |
|
3,215,680 |
|
85,634 |
| |
|
* |
|
F5 Networks Inc. |
|
557,571 |
|
81,199 |
| |
|
|
|
Western Union Co. |
|
4,022,091 |
|
79,999 |
| |
|
* |
|
Qorvo Inc. |
|
1,112,623 |
|
74,112 |
| |
|
|
|
FLIR Systems Inc. |
|
1,262,504 |
|
68,301 |
| |
|
|
|
Xerox Corp. |
|
1,824,730 |
|
64,614 |
| |
|
|
|
Alliance Data Systems Corp. |
|
420,333 |
|
58,901 |
| |
|
* |
|
IPG Photonics Corp. |
|
332,100 |
|
51,226 |
| |
|
|
|
|
|
|
|
48,990,327 |
| |
|
Materials (2.8%) |
|
|
|
|
| |||
|
|
|
Linde plc |
|
5,067,820 |
|
1,017,618 |
| |
|
|
|
DuPont de Nemours Inc. |
|
6,991,478 |
|
524,850 |
| |
|
|
|
Ecolab Inc. |
|
2,368,414 |
|
467,620 |
| |
|
|
|
Air Products & Chemicals Inc. |
|
2,055,408 |
|
465,283 |
| |
|
|
|
Sherwin-Williams Co. |
|
758,541 |
|
347,632 |
| |
|
|
|
Dow Inc. |
|
6,991,979 |
|
344,774 |
| |
|
|
|
Newmont Goldcorp Corp. |
|
7,652,874 |
|
294,406 |
| |
|
|
|
PPG Industries Inc. |
|
2,204,553 |
|
257,293 |
| |
|
|
|
LyondellBasell Industries NV Class A |
|
2,835,364 |
|
244,210 |
| |
|
|
|
Ball Corp. |
|
3,125,392 |
|
218,746 |
| |
|
* |
|
Corteva Inc. |
|
6,991,987 |
|
206,753 |
| |
|
|
|
Amcor plc |
|
15,154,850 |
|
174,129 |
| |
|
|
|
Vulcan Materials Co. |
|
1,233,385 |
|
169,356 |
| |
|
|
|
International Paper Co. |
|
3,709,690 |
|
160,704 |
| |
|
|
|
Freeport-McMoRan Inc. |
|
13,545,056 |
|
157,258 |
| |
|
|
|
Nucor Corp. |
|
2,845,740 |
|
156,800 |
| |
|
^ |
|
International Flavors & Fragrances Inc. |
|
946,410 |
|
137,315 |
| |
|
|
|
Martin Marietta Materials Inc. |
|
583,370 |
|
134,239 |
| |
|
|
|
Celanese Corp. Class A |
|
1,182,173 |
|
127,438 |
| |
|
|
|
FMC Corp. |
|
1,227,919 |
|
101,856 |
| |
|
|
|
Eastman Chemical Co. |
|
1,294,271 |
|
100,733 |
| |
|
|
|
CF Industries Holdings Inc. |
|
2,064,331 |
|
96,425 |
| |
|
|
|
Avery Dennison Corp. |
|
788,240 |
|
91,184 |
| |
|
|
|
Westrock Co. |
|
2,400,060 |
|
87,530 |
| |
|
|
|
Packaging Corp. of America |
|
882,385 |
|
84,109 |
| |
|
|
|
Mosaic Co. |
|
3,314,487 |
|
82,962 |
| |
|
|
|
Albemarle Corp. |
|
989,504 |
|
69,671 |
| |
|
|
|
Sealed Air Corp. |
|
1,455,907 |
|
|
62,284 |
|
|
|
|
|
|
|
|
|
6,383,178 |
|
|
Real Estate (3.0%) |
|
|
|
|
| |||
|
|
|
American Tower Corp. |
|
4,127,171 |
|
843,800 |
| |
|
|
|
Crown Castle International Corp. |
|
3,881,701 |
|
505,980 |
| |
|
|
|
Prologis Inc. |
|
5,889,744 |
|
471,768 |
| |
|
|
|
Simon Property Group Inc. |
|
2,884,992 |
|
460,906 |
| |
|
|
|
Equinix Inc. |
|
785,014 |
|
395,875 |
| |
|
|
|
Public Storage |
|
1,401,380 |
|
333,767 |
| |
|
|
|
Welltower Inc. |
|
3,780,631 |
|
308,235 |
| |
|
|
|
AvalonBay Communities Inc. |
|
1,301,534 |
|
264,446 |
| |
|
|
|
Equity Residential |
|
3,458,892 |
|
262,599 |
| |
|
* |
|
SBA Communications Corp. Class A |
|
1,057,456 |
|
237,758 |
| |
|
|
|
Ventas Inc. |
|
3,448,995 |
|
235,739 |
| |
|
|
|
Digital Realty Trust Inc. |
|
1,944,706 |
|
229,067 |
| |
|
|
|
Realty Income Corp. |
|
2,939,227 |
|
202,718 |
| |
|
|
|
Boston Properties Inc. |
|
1,442,872 |
|
186,130 |
| |
|
|
|
Weyerhaeuser Co. |
|
6,954,157 |
|
183,173 |
| |
|
|
|
Essex Property Trust Inc. |
|
613,564 |
|
179,118 |
| |
|
* |
|
CBRE Group Inc. Class A |
|
2,920,718 |
|
149,833 |
| |
|
|
|
Alexandria Real Estate Equities Inc. |
|
1,054,548 |
|
148,786 |
| |
|
|
|
HCP Inc. |
|
4,462,652 |
|
142,716 |
| |
|
|
|
Extra Space Storage Inc. |
|
1,190,010 |
|
126,260 |
| |
|
|
|
Host Hotels & Resorts Inc. |
|
6,916,841 |
|
126,025 |
| |
|
|
|
Mid-America Apartment Communities Inc. |
|
1,064,216 |
|
125,322 |
| |
|
|
|
UDR Inc. |
|
2,630,256 |
|
118,072 |
| |
|
|
|
Duke Realty Corp. |
|
3,357,168 |
|
106,120 |
| |
Institutional Index Fund
|
|
|
|
|
|
|
Market |
| |
|
|
|
|
|
|
|
Value· |
| |
|
|
|
|
|
Shares |
|
($000 |
) | |
|
|
|
Regency Centers Corp. |
|
1,560,369 |
|
104,139 |
| |
|
|
|
Vornado Realty Trust |
|
1,620,971 |
|
103,904 |
| |
|
|
|
Federal Realty Investment Trust |
|
699,733 |
|
90,098 |
| |
|
|
|
Iron Mountain Inc. |
|
2,678,870 |
|
83,849 |
| |
|
|
|
Kimco Realty Corp. |
|
3,941,152 |
|
72,832 |
| |
|
|
|
Apartment Investment & Management Co. |
|
1,390,033 |
|
69,668 |
| |
|
|
|
SL Green Realty Corp. |
|
787,222 |
|
63,269 |
| |
|
|
|
Macerich Co. |
|
991,903 |
|
|
33,219 |
|
|
|
|
|
|
|
|
|
6,965,191 |
|
|
Utilities (3.3%) |
|
|
|
|
| |||
|
|
|
NextEra Energy Inc. |
|
4,471,795 |
|
916,092 |
| |
|
|
|
Duke Energy Corp. |
|
6,797,440 |
|
599,806 |
| |
|
|
|
Dominion Energy Inc. |
|
7,491,284 |
|
579,226 |
| |
|
|
|
Southern Co. |
|
9,717,988 |
|
537,210 |
| |
|
|
|
Exelon Corp. |
|
9,065,731 |
|
434,611 |
| |
|
|
|
American Electric Power Co. Inc. |
|
4,607,038 |
|
405,465 |
| |
|
|
|
Sempra Energy |
|
2,562,020 |
|
352,124 |
| |
|
|
|
Xcel Energy Inc. |
|
4,805,519 |
|
285,880 |
| |
|
|
|
Public Service Enterprise Group Inc. |
|
4,719,067 |
|
277,576 |
| |
|
|
|
Consolidated Edison Inc. |
|
3,053,982 |
|
267,773 |
| |
|
|
|
WEC Energy Group Inc. |
|
2,944,893 |
|
245,516 |
| |
|
|
|
Eversource Energy |
|
2,998,265 |
|
227,149 |
| |
|
|
|
DTE Energy Co. |
|
1,710,563 |
|
218,747 |
| |
|
|
|
PPL Corp. |
|
6,738,880 |
|
208,973 |
| |
|
|
|
Edison International |
|
3,042,151 |
|
205,071 |
| |
|
|
|
FirstEnergy Corp. |
|
4,714,186 |
|
201,814 |
| |
|
|
|
American Water Works Co. Inc. |
|
1,685,448 |
|
195,512 |
| |
|
|
|
Entergy Corp. |
|
1,773,460 |
|
182,542 |
| |
|
|
|
Ameren Corp. |
|
2,293,135 |
|
172,237 |
| |
|
|
|
CMS Energy Corp. |
|
2,649,546 |
|
153,435 |
| |
|
|
|
Evergy Inc. |
|
2,279,177 |
|
137,093 |
| |
|
|
|
CenterPoint Energy Inc. |
|
4,688,939 |
|
134,244 |
| |
|
|
|
Atmos Energy Corp. |
|
1,092,372 |
|
115,311 |
| |
|
|
|
Alliant Energy Corp. |
|
2,207,554 |
|
108,347 |
| |
|
|
|
AES Corp. |
|
6,197,555 |
|
103,871 |
| |
|
|
|
NiSource Inc. |
|
3,484,459 |
|
100,352 |
| |
|
|
|
Pinnacle West Capital Corp. |
|
1,048,788 |
|
98,681 |
| |
|
|
|
NRG Energy Inc. |
|
2,494,805 |
|
|
87,618 |
|
|
|
|
|
|
|
|
|
7,552,276 |
|
|
Total Common Stocks |
|
|
|
228,042,059 |
| |||
|
Temporary Cash Investments (0.3%)1 |
|
|
|
|
| |||
|
Money Market Fund (0.3%) |
|
|
|
|
| |||
|
2,3 |
|
Vanguard Market Liquidity Fund, 2.499% |
|
5,662,306 |
|
566,344 |
| |
|
|
|
|
|
Face |
|
|
| ||
|
|
|
|
|
Amount |
|
|
| ||
|
|
|
|
|
($000 |
) |
|
|
| |
|
U.S. Government and Agency Obligations (0.0%) |
|
|
|
|
| ||||
|
4 |
|
United States Treasury Bill, 2.386%, 7/5/19 |
|
40,000 |
|
39,991 |
| ||
|
4 |
|
United States Treasury Bill, 2.373%, 8/8/19 |
|
2,500 |
|
2,495 |
| ||
|
4 |
|
United States Treasury Bill, 2.157%, 11/7/19 |
|
7,000 |
|
6,948 |
| ||
|
|
|
United States Treasury Bill, 2.048%, 11/21/19 |
|
40,000 |
|
|
39,673 |
| |
|
|
|
|
|
|
|
|
89,107 |
| |
|
Total Temporary Cash Investments |
|
|
|
655,451 |
| ||||
|
Total Investments (99.9%) |
|
|
|
228,697,510 |
| ||||
|
|
|
|
|
Amount |
|
|
|
|
|
|
($000
|
)
|
|
Other Assets and Liabilities (0.1%) |
|
|
|
|
|
|
Other Assets |
|
|
|
|
|
|
Investment in Vanguard |
|
|
|
10,895 |
|
|
Receivables for Investment Securities Sold |
|
|
|
780,774 |
|
|
Receivables for Accrued Income |
|
|
|
190,775 |
|
|
Receivables for Capital Shares Issued |
|
|
|
209,480 |
|
|
Variation Margin Receivable—Futures Contracts |
|
|
|
2,865 |
|
|
Unrealized Appreciation—OTC Swap Contracts |
|
|
|
1,519 |
|
|
Other Assets |
|
|
|
1,017 |
|
|
Total Other Assets |
|
|
|
1,197,325 |
|
|
Liabilities |
|
|
|
|
|
|
Payables for Investment Securities Purchased |
|
|
|
(128,828 |
) |
|
Collateral for Securities on Loan |
|
|
|
(68,634 |
) |
|
Payables for Capital Shares Redeemed |
|
|
|
(809,874 |
) |
|
Payables to Vanguard |
|
|
|
(2,926 |
) |
|
Total Liabilities |
|
|
|
(1,010,262 |
) |
|
Net Assets (100%) |
|
|
|
228,884,573 |
|
Institutional Index Fund
At June 30, 2019, net assets consisted of:
|
|
|
|
|
Amount |
|
|
|
|
|
|
($000
|
)
|
|
Paid-in Capital |
|
|
|
118,244,872 |
|
|
Total Distributable Earnings (Loss) |
|
|
|
110,639,701 |
|
|
Net Assets |
|
|
|
228,884,573 |
|
|
Institutional Shares—Net Assets |
|
|
|
|
|
|
Applicable to 427,297,916 outstanding $.001 par value shares of beneficial interest (unlimited authorization) |
|
|
|
113,792,333 |
|
|
Net Asset Value Per Share—Institutional Shares |
|
|
|
$266.31 |
|
|
|
|
|
|
Amount |
|
|
|
|
|
|
($000
|
)
|
|
Institutional Plus Shares—Net Assets |
|
|
|
|
|
|
Applicable to 432,153,883 outstanding $.001 par value shares of beneficial interest (unlimited authorization) |
|
|
|
115,092,240 |
|
|
Net Asset Value Per Share—Institutional Plus Shares |
|
|
|
$266.32 |
|
· See Note A in Notes to Financial Statements.
* Non-income-producing security.
^ Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $67,925,000.
1 The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts and swap contracts. After giving effect to futures and swap investments, the fund’s effective common stock and temporary cash investment positions represent 100.0% and -0.1%, respectively, of net assets.
2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
3 Includes $68,634,000 of collateral received for securities on loan.
4 Securities with a value of $28,387,000 have been segregated as initial margin for open futures contracts.
OTC—Over-the-Counter.
Institutional Index Fund
|
Derivative Financial Instruments Outstanding as of Period End | |||||||||
|
Futures Contracts | |||||||||
|
|
|
|
|
|
|
|
|
($000
|
) |
|
|
|
|
|
|
|
|
|
Value and |
|
|
|
|
|
|
Number of |
|
|
|
Unrealized |
|
|
|
|
|
|
Long (Short |
) |
Notional |
|
Appreciation |
|
|
|
|
Expiration
|
|
Contracts
|
|
Amount
|
|
(Depreciation
|
) |
|
Long Futures Contracts |
|
|
|
|
|
|
|
|
|
|
E-mini S&P 500 Index |
|
September 2019 |
|
4,793 |
|
705,578 |
|
9,965 |
|
|
Over-the-Counter Total Return Swaps | |||||||||||||
|
|
|
|
|
|
|
|
|
Floating |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rate |
|
Value and |
|
Value and |
|
|
|
|
|
|
|
|
Notional |
|
Received |
|
Unrealized |
|
Unrealized |
|
|
|
|
Termination |
|
|
|
Amount |
|
(Paid |
)1 |
Appreciation |
|
(Depreciation |
) |
|
Reference Entity |
|
Date |
|
Counterparty |
|
($000 |
) |
(% |
) |
($000 |
) |
($000 |
) |
|
UnitedHealth Group Inc. |
|
9/4/19 |
|
BOANA |
|
55,614 |
|
(2.780 |
) |
654 |
|
— |
|
|
First Republic Bank |
|
2/4/20 |
|
GSI |
|
35,726 |
|
(3.020 |
) |
865 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
1,519 |
|
— |
|
1 Payment received/paid monthly.
BOANA—Bank of America NA.
GSI—Goldman Sachs International.
At June 30, 2019, a counterparty had deposited in a segregated account cash of $1,240,000 in connection with open swap contracts.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Index Fund
Statement of Operations
|
|
Six Months Ended | |
|
|
|
June 30, 2019 |
|
|
|
($000) |
|
Investment Income |
|
|
|
Income |
|
|
|
Dividends |
|
2,218,440 |
|
Interest1 |
|
9,329 |
|
Securities Lending—Net |
|
3,362 |
|
Total Income |
|
2,231,131 |
|
Expenses |
|
|
|
The Vanguard Group—Note B |
|
|
|
Investment Advisory Services |
|
3,218 |
|
Management and Administrative—Institutional Shares |
|
16,217 |
|
Management and Administrative—Institutional Plus Shares |
|
8,265 |
|
Marketing and Distribution—Institutional Shares |
|
1,325 |
|
Marketing and Distribution—Institutional Plus Shares |
|
594 |
|
Custodian Fees |
|
369 |
|
Shareholders’ Reports—Institutional Shares |
|
209 |
|
Shareholders’ Reports—Institutional Plus Shares |
|
198 |
|
Trustees’ Fees and Expenses |
|
49 |
|
Total Expenses |
|
30,444 |
|
Net Investment Income |
|
2,200,687 |
|
Realized Net Gain (Loss) |
|
|
|
Investment Securities Sold1,2 |
|
2,505,880 |
|
Futures Contracts |
|
137,290 |
|
Swap Contracts |
|
2,364 |
|
Realized Net Gain (Loss) |
|
2,645,534 |
|
Change in Unrealized Appreciation (Depreciation) |
|
|
|
Investment Securities1 |
|
32,052,623 |
|
Futures Contracts |
|
19,879 |
|
Swap Contracts |
|
1,519 |
|
Change in Unrealized Appreciation (Depreciation) |
|
32,074,021 |
|
Net Increase (Decrease) in Net Assets Resulting from Operations |
|
36,920,242 |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $8,718,000, $137,000, and $31,000, respectively. Purchases and sales are for temporary cash investment purposes.
2 Includes $1,733,878,000 of net gain (loss) resulting from in-kind redemptions; such gain (loss) is not taxable to the fund.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Index Fund
Statement of Changes in Net Assets
|
|
|
Six Months Ended |
|
Year Ended |
|
|
|
|
June 30, |
|
December 31, |
|
|
|
|
2019 |
|
2018 |
|
|
|
|
($000) |
|
($000 |
) |
|
Increase (Decrease) in Net Assets |
|
|
|
|
|
|
Operations |
|
|
|
|
|
|
Net Investment Income |
|
2,200,687 |
|
4,622,399 |
|
|
Realized Net Gain (Loss) |
|
2,645,534 |
|
11,944,933 |
|
|
Change in Unrealized Appreciation (Depreciation) |
|
32,074,021 |
|
(24,903,569 |
) |
|
Net Increase (Decrease) in Net Assets Resulting from Operations |
|
36,920,242 |
|
(8,336,237 |
) |
|
Distributions |
|
|
|
|
|
|
Net Investment Income |
|
|
|
|
|
|
Institutional Shares |
|
(1,117,952) |
|
(2,389,678 |
) |
|
Institutional Plus Shares |
|
(1,112,977) |
|
(1,960,468 |
) |
|
Realized Capital Gain1 |
|
|
|
|
|
|
Institutional Shares |
|
(322,585) |
|
(320,393 |
) |
|
Institutional Plus Shares |
|
(313,822) |
|
(290,805 |
) |
|
Total Distributions |
|
(2,867,336) |
|
(4,961,344 |
) |
|
Capital Share Transactions |
|
|
|
|
|
|
Institutional Shares |
|
(7,942,297) |
|
(29,779,712 |
) |
|
Institutional Plus Shares |
|
2,770,439 |
|
10,922,721 |
|
|
Net Increase (Decrease) from Capital Share Transactions |
|
(5,171,858) |
|
(18,856,991 |
) |
|
Total Increase (Decrease) |
|
28,881,048 |
|
(32,154,572 |
) |
|
Net Assets |
|
|
|
|
|
|
Beginning of Period |
|
200,003,525 |
|
232,158,097 |
|
|
End of Period |
|
228,884,573 |
|
200,003,525 |
|
1 Includes fiscal 2019 and 2018 short-term gain distributions totaling $0 and $177,142,000, respectively. Short-term gain distributions are treated as ordinary income for tax purposes.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Index Fund
Financial Highlights
Institutional Shares
|
|
|
Six Months |
|
|
|
|
|
|
|
|
|
|
|
|
|
Ended |
|
|
|
|
|
|
|
|
|
|
|
For a Share Outstanding Throughout Each Period |
|
June 30, |
|
|
|
|
|
Year Ended December 31, | ||||
|
|
2019 |
|
2018 |
|
2017 |
|
2016 |
|
2015 |
|
2014 | |
|
Net Asset Value, Beginning of Period |
|
$227.55 |
|
$243.46 |
|
$203.83 |
|
$186.62 |
|
$188.67 |
|
$169.28 |
|
Investment Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Investment Income |
|
2.5071 |
|
5.0591 |
|
4.3791 |
|
4.210 |
|
4.5852 |
|
3.561 |
|
Net Realized and Unrealized Gain (Loss) on Investments |
|
39.536 |
|
(15.434) |
|
39.687 |
|
17.814 |
|
(2.065) |
|
19.380 |
|
Total from Investment Operations |
|
42.043 |
|
(10.375) |
|
44.066 |
|
22.024 |
|
2.520 |
|
22.941 |
|
Distributions |
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends from Net Investment Income |
|
(2.555) |
|
(4.837) |
|
(4.436) |
|
(4.223) |
|
(4.570) |
|
(3.551) |
|
Distributions from Realized Capital Gains |
|
(.728) |
|
(.698) |
|
— |
|
(.591) |
|
— |
|
— |
|
Total Distributions |
|
(3.283) |
|
(5.535) |
|
(4.436) |
|
(4.814) |
|
(4.570) |
|
(3.551) |
|
Net Asset Value, End of Period |
|
$266.31 |
|
$227.55 |
|
$243.46 |
|
$203.83 |
|
$186.62 |
|
$188.67 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Return |
|
18.54% |
|
-4.42% |
|
21.79% |
|
11.93% |
|
1.37% |
|
13.65% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratios/Supplemental Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Assets, End of Period (Millions) |
|
$113,792 |
|
$104,296 |
|
$140,591 |
|
$120,014 |
|
$104,705 |
|
$102,114 |
|
Ratio of Total Expenses to Average Net Assets |
|
0.035% |
|
0.035% |
|
0.04% |
|
0.04% |
|
0.04% |
|
0.04% |
|
Ratio of Net Investment Income to Average Net Assets |
|
2.02% |
|
2.03% |
|
1.96% |
|
2.19% |
|
2.43%2 |
|
2.01% |
|
Portfolio Turnover Rate3 |
|
5% |
|
6% |
|
5% |
|
5% |
|
5% |
|
4% |
The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.
1 Calculated based on average shares outstanding.
2 Net investment income per share and the ratio of net investment income to average net assets include $0.677 and 0.36%, respectively, resulting from income received from Medtronic plc in January 2015.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Index Fund
Financial Highlights
Institutional Plus Shares
|
|
|
Six Months |
|
|
|
|
|
|
|
|
|
|
|
|
|
Ended |
|
|
|
|
|
|
|
|
|
|
|
For a Share Outstanding |
|
June 30, |
|
|
|
|
|
Year Ended December 31, | ||||
|
|
2019 |
|
2018 |
|
2017 |
|
2016 |
|
2015 |
|
2014 | |
|
Net Asset Value, Beginning of Period |
|
$227.57 |
|
$243.48 |
|
$203.84 |
|
$186.63 |
|
$188.68 |
|
$169.28 |
|
Investment Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Investment Income |
|
2.5281 |
|
5.1671 |
|
4.4141 |
|
4.248 |
|
4.6222 |
|
3.597 |
|
Net Realized and Unrealized Gain (Loss) on Investments |
|
39.526 |
|
(15.503) |
|
39.705 |
|
17.814 |
|
(2.065) |
|
19.388 |
|
Total from Investment Operations |
|
42.054 |
|
(10.336) |
|
44.119 |
|
22.062 |
|
2.557 |
|
22.985 |
|
Distributions |
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends from Net Investment Income |
|
(2.575) |
|
(4.876) |
|
(4.479) |
|
(4.261) |
|
(4.607) |
|
(3.585) |
|
Distributions from Realized Capital Gains |
|
(.729) |
|
(.698) |
|
— |
|
(.591) |
|
— |
|
— |
|
Total Distributions |
|
(3.304) |
|
(5.574) |
|
(4.479) |
|
(4.852) |
|
(4.607) |
|
(3.585) |
|
Net Asset Value, End of Period |
|
$266.32 |
|
$227.57 |
|
$243.48 |
|
$203.84 |
|
$186.63 |
|
$188.68 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Return |
|
18.54% |
|
-4.41% |
|
21.82% |
|
11.95% |
|
1.39% |
|
13.68% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratios/Supplemental Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Assets, End of Period (Millions) |
|
$115,092 |
|
$95,707 |
|
$91,567 |
|
$91,481 |
|
$90,042 |
|
$85,611 |
|
Ratio of Total Expenses to Average Net Assets |
|
0.02% |
|
0.02% |
|
0.02% |
|
0.02% |
|
0.02% |
|
0.02% |
|
Ratio of Net Investment Income to Average Net Assets |
|
2.03% |
|
2.05% |
|
1.98% |
|
2.21% |
|
2.45%2 |
|
2.03% |
|
Portfolio Turnover Rate3 |
|
5% |
|
6% |
|
5% |
|
5% |
|
5% |
|
4% |
The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.
1 Calculated based on average shares outstanding.
2 Net investment income per share and the ratio of net investment income to average net assets include $0.677 and 0.36%, respectively, resulting from income received from Medtronic plc in January 2015.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Index Fund
Notes to Financial Statements
Vanguard Institutional Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers two classes of shares: Institutional Shares and Institutional Plus Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. 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 materially affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value. 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.
2. 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 assets pledged as initial margin for open contracts are noted in the Statement of Net Assets.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).
During the six months ended June 30, 2019, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
Institutional Index Fund
3. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
The notional amounts of swap contracts are not recorded in the Statement of Net Assets. Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until termination of the swap, at which time realized gain (loss) is recorded.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps 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. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, 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 swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund 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 Statement of Net Assets. The value of collateral received or pledged is compared daily to the value of the swap 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.
During the six months ended June 30, 2019, the fund’s average amounts of investments in total return swaps represented less than 1% of net assets, based on the average of notional amounts at each quarter-end during the period.
4. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2015–2018), and for the period ended June 30, 2019, and has concluded that no provision for federal income tax is required in the fund’s financial statements.
5. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis and may differ from net investment income and realized capital gains for financial reporting purposes.
Institutional Index Fund
6. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Net Assets for the return of the collateral, during the period the securities are on loan. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.
7. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at June 30, 2019, or at any time during the period then ended.
8. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
Institutional Index Fund
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees, and are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At June 30, 2019, the fund had contributed to Vanguard capital in the amount of $10,895,000, representing 0.00% of the fund’s net assets and 4.36% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. Various inputs may be used to determine the value of the fund’s investments. 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 valued with significant unobservable inputs are noted on the Statement of Net Assets.
The following table summarizes the market value of the fund’s investments as of June 30, 2019, based on the inputs used to value them:
|
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
|
Investments |
|
($000 |
) |
($000 |
) |
($000 |
) |
|
Common Stocks |
|
228,042,059 |
|
— |
|
— |
|
|
Temporary Cash Investments |
|
566,344 |
|
89,107 |
|
— |
|
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Futures Contracts—Assets1 |
|
2,865 |
|
— |
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— |
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Swap Contracts—Assets |
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— |
|
1,519 |
|
— |
|
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Total |
|
228,611,268 |
|
90,626 |
|
— |
|
1 Represents variation margin on the last day of the reporting period.
D. As of June 30, 2019, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
|
|
Amount |
|
|
($000) |
|
Tax Cost |
119,011,198 |
|
Gross Unrealized Appreciation |
117,051,187 |
|
Gross Unrealized Depreciation |
(7,353,391) |
|
Net Unrealized Appreciation (Depreciation) |
109,697,796 |
Institutional Index Fund
E. During the six months ended June 30, 2019, the fund purchased $5,312,502,000 of investment securities and sold $11,180,150,000 of investment securities, other than temporary cash investments. Purchases and sales include $181,987,000 and $2,678,691,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
F. Capital share transactions for each class of shares were:
|
|
|
Six Months Ended |
|
Year Ended | ||||
|
|
|
June 30, 2019 |
|
December 31, 2018 | ||||
|
|
|
Amount |
|
Shares |
|
Amount |
|
Shares |
|
|
|
($000) |
|
(000) |
|
($000) |
|
(000) |
|
Institutional Shares |
|
|
|
|
|
|
|
|
|
Issued |
|
7,491,870 |
|
29,728 |
|
15,954,616 |
|
64,145 |
|
Issued in Lieu of Cash Distributions |
|
1,336,414 |
|
5,220 |
|
2,515,358 |
|
10,165 |
|
Redeemed |
|
(16,770,581) |
|
(65,987) |
|
(48,249,686) |
|
(193,443) |
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Net Increase (Decrease)—Institutional Shares |
|
(7,942,297) |
|
(31,039) |
|
(29,779,712) |
|
(119,133) |
|
Institutional Plus Shares |
|
|
|
|
|
|
|
|
|
Issued |
|
11,504,294 |
|
45,423 |
|
41,747,620 |
|
167,241 |
|
Issued in Lieu of Cash Distributions |
|
1,379,134 |
|
5,385 |
|
2,171,322 |
|
8,792 |
|
Redeemed |
|
(10,112,989) |
|
(39,220) |
|
(32,996,221) |
|
(131,548) |
|
Net Increase (Decrease)—Institutional Plus Shares |
|
2,770,439 |
|
11,588 |
|
10,922,721 |
|
44,485 |
G. Management has determined that no events or transactions occurred subsequent to June 30, 2019, that would require recognition or disclosure in these financial statements.
Trustees Approve Advisory Arrangement
The board of trustees of Vanguard Institutional Index Fund has renewed the fund’s investment advisory arrangement with The Vanguard Group, Inc. (Vanguard), through its Equity Index Group. The board determined that continuing the fund’s internalized management structure was in the best interests of the fund and its shareholders.
The board based its decision upon an evaluation of the advisor’s investment staff, portfolio management process, and performance. This evaluation included information provided to the board by Vanguard’s Portfolio Review Department, which is responsible for fund and advisor oversight and product management. The Portfolio Review Department met regularly with the advisor and made monthly presentations to the board during the fiscal year that directed the board’s focus to relevant information and topics.
The board, or an investment committee made up of board members, also received information throughout the year during advisor presentations. For each advisor presentation, the board was provided with letters and reports that included information about, among other things, the advisory firm and the advisor’s assessment of the investment environment, portfolio performance, and portfolio characteristics.
In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.
Prior to their meeting, the trustees were provided with a memo and materials that summarized the information they received over the course of the year. They also considered the factors discussed below, among others. However, no single factor determined whether the board approved the arrangement. Rather, it was the totality of the circumstances that drove the board’s decision.
Nature, extent, and quality of services
The board reviewed the quality of the fund’s investment management services over both the short and long term and took into account the organizational depth and stability of the advisor. The board considered that Vanguard has been managing investments for more than four decades. The Equity Index Group adheres to a sound, disciplined investment management process; the team has considerable experience, stability, and depth.
The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangement.
Investment performance
The board considered the short- and long-term performance of the fund, including any periods of outperformance or underperformance compared with its target index and peer group. The board concluded that the performance was such that the advisory arrangement should continue.
Cost
The board concluded that the fund’s expense ratio was well below the average expense ratio charged by funds in its peer group and that the fund’s advisory expenses were also well below the peer-group average.
The board does not conduct a profitability analysis of Vanguard because of Vanguard’s unique structure. Unlike most other mutual fund management companies, Vanguard is owned by the funds it oversees.
The benefit of economies of scale
The board concluded that the fund’s arrangement with Vanguard ensures that the fund and its shareholders benefit from economies of scale, with the cost to shareholders declining as the fund’s assets increase.
The board will consider whether to renew the advisory arrangement again after a one-year period.
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P.O. Box 2600 |
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Valley Forge, PA 19482-2600 |
Connect with Vanguard® > vanguard.com
Fund Information > 800-662-7447
Direct Investor Account Services > 800-662-2739
Institutional Investor Services > 800-523-1036
Text Telephone for People
Who Are Deaf or Hard of Hearing > 800-749-7273
This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.
You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or sec.gov.
You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.
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© 2019 The Vanguard Group, Inc. |
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All rights reserved. |
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Vanguard Marketing Corporation, Distributor. |
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Q942 082019 |
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Semiannual Report | June 30, 2019
Vanguard Institutional Total Stock Market Index Fund
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See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports.
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Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.
You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
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Contents |
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About Your Fund’s Expenses |
1 |
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Financial Statements |
4 |
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Trustees Approve Advisory Arrangement |
56 |
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
· Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”
· Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
Six Months Ended June 30, 2019
|
|
Beginning |
Ending |
Expenses |
|
|
Account Value |
Account Value |
Paid During |
|
Institutional Total Stock Market Index Fund |
12/31/2018 |
6/30/2019 |
Period |
|
Based on Actual Fund Return |
|
|
|
|
Institutional Shares |
$1,000.00 |
$1,187.27 |
$0.16 |
|
Institutional Plus Shares |
1,000.00 |
1,187.33 |
0.11 |
|
Based on Hypothetical 5% Yearly Return |
|
|
|
|
Institutional Shares |
$1,000.00 |
$1,024.65 |
$0.15 |
|
Institutional Plus Shares |
1,000.00 |
1,024.70 |
0.10 |
The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.03% for Institutional Shares and 0.02% for Institutional Plus Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (181/365).
Institutional Total Stock Market Index Fund
Sector Diversification
As of June 30, 2019
|
Basic Materials |
|
2.3 |
% |
|
Consumer Goods |
|
7.8 |
|
|
Consumer Services |
|
13.8 |
|
|
Financials |
|
19.4 |
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Health Care |
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12.9 |
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Industrials |
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13.6 |
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Oil & Gas |
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4.7 |
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Technology |
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20.4 |
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Telecommunications |
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1.9 |
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Utilities |
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3.2 |
|
The table reflects the fund’s equity exposure, based on its investments in stocks and stock index futures. Any holdings in short-term reserves are excluded. Sector categories are based on the Industry Classification Benchmark (“ICB”), except for the “Other” category (if applicable), which includes securities that have not been provided an ICB classification as of the effective reporting period.
Institutional Total Stock Market Index Fund
Financial Statements (unaudited)
Statement of Net Assets
As of June 30, 2019
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.
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Market |
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Value· |
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Shares |
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($000 |
) |
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Common Stocks (99.8%)1 |
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| ||
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Basic Materials (2.3%) |
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Linde plc |
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731,765 |
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146,938 |
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DuPont de Nemours Inc. |
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1,003,739 |
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75,351 |
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Ecolab Inc. |
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348,000 |
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68,709 |
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Air Products & Chemicals Inc. |
|
294,096 |
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66,575 |
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Dow Inc. |
|
998,734 |
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49,248 |
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Newmont Goldcorp Corp. |
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1,066,235 |
|
41,018 |
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PPG Industries Inc. |
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315,816 |
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36,859 |
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LyondellBasell Industries NV Class A |
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397,792 |
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34,262 |
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International Paper Co. |
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537,454 |
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23,282 |
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Nucor Corp. |
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420,875 |
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23,190 |
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Freeport-McMoRan Inc. |
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1,845,735 |
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21,429 |
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International Flavors & Fragrances Inc. |
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142,645 |
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20,696 |
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Celanese Corp. Class A |
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171,469 |
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18,484 |
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FMC Corp. |
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176,851 |
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14,670 |
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CF Industries Holdings Inc. |
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309,523 |
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14,458 |
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Avery Dennison Corp. |
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115,737 |
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13,388 |
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Eastman Chemical Co. |
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168,647 |
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13,126 |
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Mosaic Co. |
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463,522 |
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11,602 |
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RPM International Inc. |
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177,406 |
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10,841 |
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Albemarle Corp. |
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142,334 |
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10,022 |
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Royal Gold Inc. |
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88,449 |
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9,065 |
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* |
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Axalta Coating Systems Ltd. |
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296,356 |
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8,823 |
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Steel Dynamics Inc. |
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291,063 |
|
8,790 |
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|
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Reliance Steel & Aluminum Co. |
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85,513 |
|
8,091 |
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|
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Versum Materials Inc. |
|
146,606 |
|
7,562 |
|
|
|
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WR Grace & Co. |
|
90,210 |
|
6,866 |
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|
|
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Ashland Global Holdings Inc. |
|
84,052 |
|
6,722 |
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|
* |
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Alcoa Corp. |
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250,732 |
|
5,870 |
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|
* |
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Ingevity Corp. |
|
55,600 |
|
5,847 |
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Huntsman Corp. |
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268,218 |
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5,482 |
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Chemours Co. |
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223,783 |
|
5,371 |
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Scotts Miracle-Gro Co. |
|
52,386 |
|
5,160 |
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Olin Corp. |
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223,655 |
|
4,900 |
|
|
|
|
NewMarket Corp. |
|
11,902 |
|
4,772 |
|
|
|
|
Balchem Corp. |
|
42,907 |
|
4,289 |
|
|
|
|
Sensient Technologies Corp. |
|
57,838 |
|
4,250 |
|
|
^ |
|
Cleveland-Cliffs Inc. |
|
389,346 |
|
4,154 |
|
|
* |
|
Univar Inc. |
|
180,335 |
|
3,975 |
|
|
|
|
Domtar Corp. |
|
83,020 |
|
3,697 |
|
|
* |
|
Element Solutions Inc. |
|
347,569 |
|
3,594 |
|
|
|
|
Westlake Chemical Corp. |
|
51,621 |
|
3,586 |
|
|
|
|
United States Steel Corp. |
|
231,047 |
|
3,537 |
|
|
|
|
Cabot Corp. |
|
71,697 |
|
3,421 |
|
|
|
|
Quaker Chemical Corp. |
|
16,752 |
|
3,399 |
|
|
|
|
PolyOne Corp. |
|
103,020 |
|
3,234 |
|
|
|
|
HB Fuller Co. |
|
67,811 |
|
3,146 |
|
|
|
|
Carpenter Technology Corp. |
|
63,224 |
|
3,033 |
|
|
|
|
Innospec Inc. |
|
32,621 |
|
2,976 |
|
|
|
|
Commercial Metals Co. |
|
157,587 |
|
2,813 |
|
|
|
|
Minerals Technologies Inc. |
|
50,059 |
|
2,679 |
|
|
|
|
Stepan Co. |
|
27,885 |
|
2,563 |
|
|
|
|
Compass Minerals International Inc. |
|
45,488 |
|
2,500 |
|
|
|
|
Peabody Energy Corp. |
|
101,928 |
|
2,456 |
|
|
|
|
Worthington Industries Inc. |
|
51,568 |
|
2,076 |
|
|
|
|
Kaiser Aluminum Corp. |
|
20,988 |
|
2,049 |
|
|
|
|
Arch Coal Inc. Class A |
|
21,441 |
|
2,020 |
|
|
|
|
Materion Corp. |
|
28,068 |
|
1,903 |
|
|
* |
|
GCP Applied Technologies Inc. |
|
79,878 |
|
1,808 |
|
|
* |
|
Ferro Corp. |
|
111,271 |
|
1,758 |
|
|
|
|
Warrior Met Coal Inc. |
|
62,612 |
|
1,635 |
|
|
|
|
Tronox Holdings plc Class A |
|
123,127 |
|
1,574 |
|
|
|
|
Neenah Inc. |
|
22,265 |
|
1,504 |
|
|
|
|
Schweitzer-Mauduit International Inc. |
|
43,720 |
|
1,451 |
|
|
|
|
CSW Industrials Inc. |
|
20,684 |
|
1,410 |
|
|
* |
|
Kraton Corp. |
|
41,748 |
|
1,297 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Contura Energy Inc. |
|
24,204 |
|
1,256 |
|
|
|
|
US Silica Holdings Inc. |
|
97,802 |
|
1,251 |
|
|
* |
|
Codexis Inc. |
|
67,038 |
|
1,235 |
|
|
|
|
Hecla Mining Co. |
|
630,602 |
|
1,135 |
|
|
* |
|
Coeur Mining Inc. |
|
244,075 |
|
1,059 |
|
|
|
|
Chase Corp. |
|
9,710 |
|
1,045 |
|
|
|
|
PH Glatfelter Co. |
|
59,326 |
|
1,001 |
|
|
*,^ |
|
AK Steel Holding Corp. |
|
411,440 |
|
975 |
|
|
* |
|
AdvanSix Inc. |
|
38,123 |
|
931 |
|
|
* |
|
CONSOL Energy Inc. |
|
32,942 |
|
877 |
|
|
* |
|
PQ Group Holdings Inc. |
|
54,421 |
|
863 |
|
|
|
|
Schnitzer Steel Industries Inc. |
|
32,638 |
|
854 |
|
|
* |
|
Verso Corp. |
|
44,438 |
|
847 |
|
|
* |
|
Koppers Holdings Inc. |
|
27,356 |
|
803 |
|
|
* |
|
SunCoke Energy Inc. |
|
85,022 |
|
755 |
|
|
|
|
Innophos Holdings Inc. |
|
25,495 |
|
742 |
|
|
|
|
Tredegar Corp. |
|
40,067 |
|
666 |
|
|
|
|
Hawkins Inc. |
|
13,069 |
|
567 |
|
|
|
|
American Vanguard Corp. |
|
35,788 |
|
551 |
|
|
|
|
Haynes International Inc. |
|
17,005 |
|
541 |
|
|
|
|
Resolute Forest Products Inc. |
|
74,075 |
|
533 |
|
|
|
|
Kronos Worldwide Inc. |
|
30,597 |
|
469 |
|
|
|
|
Rayonier Advanced Materials Inc. |
|
68,586 |
|
445 |
|
|
* |
|
Century Aluminum Co. |
|
62,625 |
|
433 |
|
|
|
|
FutureFuel Corp. |
|
36,222 |
|
423 |
|
|
* |
|
Clearwater Paper Corp. |
|
22,649 |
|
419 |
|
|
* |
|
Veritiv Corp. |
|
20,029 |
|
389 |
|
|
* |
|
Intrepid Potash Inc. |
|
112,982 |
|
380 |
|
|
* |
|
TimkenSteel Corp. |
|
45,826 |
|
373 |
|
|
*,^ |
|
Uranium Energy Corp. |
|
255,317 |
|
350 |
|
|
*,^ |
|
Hi-Crush Inc. |
|
142,011 |
|
349 |
|
|
*,^ |
|
Energy Fuels Inc. |
|
109,583 |
|
343 |
|
|
* |
|
OMNOVA Solutions Inc. |
|
53,888 |
|
336 |
|
|
|
|
Gold Resource Corp. |
|
68,800 |
|
233 |
|
|
* |
|
ChromaDex Corp. |
|
46,038 |
|
214 |
|
|
|
|
Olympic Steel Inc. |
|
13,827 |
|
189 |
|
|
|
|
Synalloy Corp. |
|
11,687 |
|
183 |
|
|
*,^ |
|
Ur-Energy Inc. |
|
192,839 |
|
181 |
|
|
|
|
Hallador Energy Co. |
|
29,570 |
|
166 |
|
|
|
|
Northern Technologies International Corp. |
|
6,166 |
|
151 |
|
|
* |
|
Ryerson Holding Corp. |
|
17,637 |
|
147 |
|
|
* |
|
Universal Stainless & Alloy Products Inc. |
|
9,128 |
|
146 |
|
|
*,^ |
|
Marrone Bio Innovations Inc. |
|
87,556 |
|
131 |
|
|
* |
|
LSB Industries Inc. |
|
22,416 |
|
87 |
|
|
|
|
Friedman Industries Inc. |
|
12,162 |
|
85 |
|
|
* |
|
Ampco-Pittsburgh Corp. |
|
17,598 |
|
71 |
|
|
* |
|
AgroFresh Solutions Inc. |
|
43,901 |
|
66 |
|
|
* |
|
Ramaco Resources Inc. |
|
12,183 |
|
65 |
|
|
|
|
United-Guardian Inc. |
|
2,927 |
|
55 |
|
|
*,^ |
|
Golden Minerals Co. |
|
174,185 |
|
49 |
|
|
* |
|
NL Industries Inc. |
|
9,862 |
|
36 |
|
|
* |
|
General Moly Inc. |
|
71,757 |
|
25 |
|
|
* |
|
Ikonics Corp. |
|
3,253 |
|
24 |
|
|
* |
|
Solitario Zinc Corp. |
|
56,237 |
|
18 |
|
|
* |
|
Westwater Resources Inc. |
|
1,087 |
|
6 |
|
|
*,^ |
|
US Gold Corp. |
|
1,500 |
|
2 |
|
|
* |
|
Dynasil Corp. of America |
|
688 |
|
1 |
|
|
* |
|
Paramount Gold Nevada Corp. |
|
645 |
|
1 |
|
|
|
|
|
|
|
|
916,784 |
|
|
Consumer Goods (7.8%) |
|
|
|
|
| ||
|
|
|
Procter & Gamble Co. |
|
3,350,951 |
|
367,432 |
|
|
|
|
Coca-Cola Co. |
|
5,132,374 |
|
261,340 |
|
|
|
|
PepsiCo Inc. |
|
1,881,213 |
|
246,683 |
|
|
|
|
Philip Morris International Inc. |
|
2,082,155 |
|
163,512 |
|
|
|
|
NIKE Inc. Class B |
|
1,684,034 |
|
141,375 |
|
|
|
|
Altria Group Inc. |
|
2,510,955 |
|
118,894 |
|
|
|
|
Mondelez International Inc. Class A |
|
1,930,970 |
|
104,079 |
|
|
|
|
Colgate-Palmolive Co. |
|
1,153,765 |
|
82,690 |
|
|
|
|
General Motors Co. |
|
1,698,186 |
|
65,431 |
|
|
|
|
Kimberly-Clark Corp. |
|
461,506 |
|
61,510 |
|
|
|
|
Ford Motor Co. |
|
5,237,262 |
|
53,577 |
|
|
|
|
Estee Lauder Cos. Inc. Class A |
|
292,324 |
|
53,527 |
|
|
|
|
Activision Blizzard Inc. |
|
1,022,945 |
|
48,283 |
|
|
|
|
General Mills Inc. |
|
799,164 |
|
41,972 |
|
|
* |
|
Electronic Arts Inc. |
|
401,726 |
|
40,679 |
|
|
*,^ |
|
Tesla Inc. |
|
178,643 |
|
39,920 |
|
|
|
|
Constellation Brands Inc. Class A |
|
201,098 |
|
39,604 |
|
|
|
|
VF Corp. |
|
424,226 |
|
37,056 |
|
|
* |
|
Monster Beverage Corp. |
|
534,644 |
|
34,126 |
|
|
|
|
Tyson Foods Inc. Class A |
|
395,420 |
|
31,926 |
|
|
|
|
Archer-Daniels-Midland Co. |
|
750,152 |
|
30,606 |
|
|
* |
|
Corteva Inc. |
|
1,006,744 |
|
29,769 |
|
|
|
|
Aptiv plc |
|
349,132 |
|
28,220 |
|
|
|
|
Clorox Co. |
|
171,620 |
|
26,277 |
|
|
* |
|
Lululemon Athletica Inc. |
|
145,690 |
|
26,255 |
|
|
|
|
Hershey Co. |
|
191,969 |
|
25,730 |
|
|
|
|
Kraft Heinz Co. |
|
820,135 |
|
25,457 |
|
|
|
|
McCormick & Co. Inc. |
|
164,226 |
|
25,457 |
|
|
|
|
Church & Dwight Co. Inc. |
|
330,054 |
|
24,114 |
|
|
|
|
Brown-Forman Corp. Class B |
|
392,216 |
|
21,741 |
|
|
|
|
DR Horton Inc. |
|
475,425 |
|
20,505 |
|
|
|
|
Genuine Parts Co. |
|
187,482 |
|
19,419 |
|
|
|
|
Kellogg Co. |
|
348,368 |
|
18,662 |
|
|
|
|
Lennar Corp. Class A |
|
378,116 |
|
18,324 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Take-Two Interactive Software Inc. |
|
152,022 |
|
17,259 |
|
|
|
|
Conagra Brands Inc. |
|
650,652 |
|
17,255 |
|
|
|
|
JM Smucker Co. |
|
145,264 |
|
16,733 |
|
|
|
|
Hasbro Inc. |
|
152,570 |
|
16,124 |
|
|
* |
|
NVR Inc. |
|
4,596 |
|
15,490 |
|
|
^ |
|
Hormel Foods Corp. |
|
358,243 |
|
14,523 |
|
|
|
|
Garmin Ltd. |
|
177,162 |
|
14,138 |
|
|
|
|
Molson Coors Brewing Co. Class B |
|
236,520 |
|
13,245 |
|
|
|
|
Lamb Weston Holdings Inc. |
|
196,386 |
|
12,443 |
|
|
|
|
Tapestry Inc. |
|
387,708 |
|
12,302 |
|
|
|
|
Whirlpool Corp. |
|
85,010 |
|
12,102 |
|
|
* |
|
Wayfair Inc. |
|
81,404 |
|
11,885 |
|
|
* |
|
Mohawk Industries Inc. |
|
79,588 |
|
11,737 |
|
|
|
|
BorgWarner Inc. |
|
278,143 |
|
11,676 |
|
|
|
|
Lear Corp. |
|
83,571 |
|
11,639 |
|
|
|
|
Keurig Dr Pepper Inc. |
|
376,253 |
|
10,874 |
|
|
|
|
Fortune Brands Home & Security Inc. |
|
189,422 |
|
10,822 |
|
|
* |
|
LKQ Corp. |
|
405,676 |
|
10,795 |
|
|
|
|
PulteGroup Inc. |
|
333,109 |
|
10,533 |
|
|
|
|
Campbell Soup Co. |
|
262,067 |
|
10,501 |
|
|
* |
|
US Foods Holding Corp. |
|
291,093 |
|
10,409 |
|
|
* |
|
Middleby Corp. |
|
74,779 |
|
10,148 |
|
|
|
|
Bunge Ltd. |
|
179,023 |
|
9,973 |
|
|
|
|
Pool Corp. |
|
51,172 |
|
9,774 |
|
|
|
|
PVH Corp. |
|
102,356 |
|
9,687 |
|
|
* |
|
Post Holdings Inc. |
|
92,361 |
|
9,603 |
|
|
* |
|
WABCO Holdings Inc. |
|
68,525 |
|
9,086 |
|
|
|
|
Gentex Corp. |
|
349,388 |
|
8,598 |
|
|
|
|
Hanesbrands Inc. |
|
482,792 |
|
8,314 |
|
|
|
|
Newell Brands Inc. |
|
538,745 |
|
8,307 |
|
|
|
|
Harley-Davidson Inc. |
|
217,779 |
|
7,803 |
|
|
|
|
Ralph Lauren Corp. Class A |
|
67,065 |
|
7,618 |
|
|
|
|
Ingredion Inc. |
|
89,324 |
|
7,368 |
|
|
|
|
Polaris Industries Inc. |
|
78,072 |
|
7,123 |
|
|
* |
|
Deckers Outdoor Corp. |
|
39,183 |
|
6,895 |
|
|
* |
|
Zynga Inc. Class A |
|
1,111,287 |
|
6,812 |
|
|
|
|
Leggett & Platt Inc. |
|
175,454 |
|
6,732 |
|
|
* |
|
Under Armour Inc. Class A |
|
264,690 |
|
6,710 |
|
|
* |
|
Capri Holdings Ltd. |
|
192,327 |
|
6,670 |
|
|
|
|
Toll Brothers Inc. |
|
176,329 |
|
6,457 |
|
|
|
|
Flowers Foods Inc. |
|
254,173 |
|
5,915 |
|
|
* |
|
Herbalife Nutrition Ltd. |
|
133,181 |
|
5,695 |
|
|
|
|
Carter’s Inc. |
|
58,341 |
|
5,691 |
|
|
|
|
Coty Inc. Class A |
|
406,932 |
|
5,453 |
|
|
* |
|
Skechers U.S.A. Inc. Class A |
|
170,885 |
|
5,381 |
|
|
|
|
Brunswick Corp. |
|
116,569 |
|
5,349 |
|
|
*,^ |
|
Mattel Inc. |
|
458,614 |
|
5,141 |
|
|
* |
|
Under Armour Inc. Class C |
|
228,387 |
|
5,070 |
|
|
|
|
Valvoline Inc. |
|
256,420 |
|
5,008 |
|
|
|
|
Goodyear Tire & Rubber Co. |
|
308,625 |
|
4,722 |
|
|
* |
|
Tempur Sealy International Inc. |
|
61,667 |
|
4,525 |
|
|
* |
|
Helen of Troy Ltd. |
|
34,497 |
|
4,505 |
|
|
* |
|
Darling Ingredients Inc. |
|
220,425 |
|
4,384 |
|
|
* |
|
Boston Beer Co. Inc. Class A |
|
11,084 |
|
4,187 |
|
|
|
|
Thor Industries Inc. |
|
70,037 |
|
4,094 |
|
|
* |
|
TreeHouse Foods Inc. |
|
75,399 |
|
4,079 |
|
|
* |
|
Fox Factory Holding Corp. |
|
48,792 |
|
4,026 |
|
|
|
|
Lancaster Colony Corp. |
|
26,218 |
|
3,896 |
|
|
|
|
Dana Inc. |
|
193,297 |
|
3,854 |
|
|
|
|
Columbia Sportswear Co. |
|
36,432 |
|
3,649 |
|
|
|
|
Steven Madden Ltd. |
|
106,993 |
|
3,632 |
|
|
|
|
Herman Miller Inc. |
|
80,848 |
|
3,614 |
|
|
|
|
Sanderson Farms Inc. |
|
25,472 |
|
3,478 |
|
|
|
|
Nu Skin Enterprises Inc. Class A |
|
70,477 |
|
3,476 |
|
|
|
|
Wolverine World Wide Inc. |
|
120,870 |
|
3,329 |
|
|
*,^ |
|
iRobot Corp. |
|
35,397 |
|
3,244 |
|
|
|
|
Energizer Holdings Inc. |
|
83,574 |
|
3,229 |
|
|
|
|
J&J Snack Foods Corp. |
|
19,851 |
|
3,195 |
|
|
* |
|
Taylor Morrison Home Corp. Class A |
|
149,446 |
|
3,132 |
|
|
* |
|
Dorman Products Inc. |
|
35,784 |
|
3,118 |
|
|
|
|
KB Home |
|
117,124 |
|
3,014 |
|
|
|
|
WD-40 Co. |
|
18,477 |
|
2,939 |
|
|
|
|
Spectrum Brands Holdings Inc. |
|
53,734 |
|
2,889 |
|
|
|
|
LCI Industries |
|
31,873 |
|
2,869 |
|
|
* |
|
Welbilt Inc. |
|
171,447 |
|
2,863 |
|
|
* |
|
Meritor Inc. |
|
113,815 |
|
2,760 |
|
|
* |
|
Hain Celestial Group Inc. |
|
120,197 |
|
2,632 |
|
|
*,^ |
|
Beyond Meat Inc. |
|
15,965 |
|
2,565 |
|
|
* |
|
Meritage Homes Corp. |
|
48,325 |
|
2,481 |
|
|
|
|
Delphi Technologies plc |
|
120,068 |
|
2,401 |
|
|
* |
|
TRI Pointe Group Inc. |
|
192,145 |
|
2,300 |
|
|
* |
|
Visteon Corp. |
|
38,537 |
|
2,258 |
|
|
|
|
Callaway Golf Co. |
|
129,841 |
|
2,228 |
|
|
|
|
MDC Holdings Inc. |
|
67,392 |
|
2,209 |
|
|
|
|
Cooper Tire & Rubber Co. |
|
68,492 |
|
2,161 |
|
|
|
|
Calavo Growers Inc. |
|
21,627 |
|
2,092 |
|
|
* |
|
Freshpet Inc. |
|
45,724 |
|
2,081 |
|
|
|
|
HNI Corp. |
|
58,779 |
|
2,080 |
|
|
* |
|
Hostess Brands Inc. Class A |
|
140,097 |
|
2,023 |
|
|
|
|
Medifast Inc. |
|
15,639 |
|
2,006 |
|
|
|
|
Universal Corp. |
|
32,839 |
|
1,996 |
|
|
|
|
La-Z-Boy Inc. |
|
64,280 |
|
1,971 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
American Axle & Manufacturing Holdings Inc. |
|
152,316 |
|
1,944 |
|
|
* |
|
Edgewell Personal Care Co. |
|
72,008 |
|
1,941 |
|
|
|
|
Coca-Cola Consolidated Inc. |
|
6,281 |
|
1,880 |
|
|
|
|
Steelcase Inc. Class A |
|
109,816 |
|
1,878 |
|
|
* |
|
Gentherm Inc. |
|
44,813 |
|
1,875 |
|
|
^ |
|
B&G Foods Inc. |
|
88,154 |
|
1,834 |
|
|
* |
|
Skyline Champion Corp. |
|
66,476 |
|
1,820 |
|
|
* |
|
Cavco Industries Inc. |
|
11,251 |
|
1,772 |
|
|
* |
|
American Woodmark Corp. |
|
20,835 |
|
1,763 |
|
|
* |
|
G-III Apparel Group Ltd. |
|
59,233 |
|
1,743 |
|
|
* |
|
Pilgrim’s Pride Corp. |
|
68,327 |
|
1,735 |
|
|
*,^ |
|
LGI Homes Inc. |
|
24,003 |
|
1,715 |
|
|
* |
|
Kontoor Brands Inc. |
|
60,325 |
|
1,690 |
|
|
|
|
Oxford Industries Inc. |
|
21,291 |
|
1,614 |
|
|
* |
|
Sleep Number Corp. |
|
39,724 |
|
1,604 |
|
|
|
|
Inter Parfums Inc. |
|
23,859 |
|
1,586 |
|
|
|
|
Cal-Maine Foods Inc. |
|
36,910 |
|
1,540 |
|
|
* |
|
USANA Health Sciences Inc. |
|
19,252 |
|
1,529 |
|
|
|
|
Vector Group Ltd. |
|
154,101 |
|
1,502 |
|
|
* |
|
Crocs Inc. |
|
76,033 |
|
1,502 |
|
|
* |
|
Garrett Motion Inc. |
|
96,516 |
|
1,482 |
|
|
|
|
Winnebago Industries Inc. |
|
37,722 |
|
1,458 |
|
|
|
|
Knoll Inc. |
|
62,105 |
|
1,427 |
|
|
* |
|
Central Garden & Pet Co. Class A |
|
56,067 |
|
1,381 |
|
|
|
|
Seaboard Corp. |
|
333 |
|
1,378 |
|
|
* |
|
Fitbit Inc. Class A |
|
296,383 |
|
1,304 |
|
|
|
|
Interface Inc. Class A |
|
84,727 |
|
1,299 |
|
|
|
|
Sturm Ruger & Co. Inc. |
|
23,067 |
|
1,257 |
|
|
|
|
Standard Motor Products Inc. |
|
26,488 |
|
1,201 |
|
|
|
|
Acushnet Holdings Corp. |
|
45,309 |
|
1,190 |
|
|
^ |
|
MGP Ingredients Inc. |
|
17,743 |
|
1,177 |
|
|
* |
|
Stoneridge Inc. |
|
36,429 |
|
1,149 |
|
|
* |
|
Glu Mobile Inc. |
|
156,847 |
|
1,126 |
|
|
|
|
ACCO Brands Corp. |
|
143,055 |
|
1,126 |
|
|
|
|
Fresh Del Monte Produce Inc. |
|
41,561 |
|
1,120 |
|
|
|
|
Andersons Inc. |
|
39,987 |
|
1,089 |
|
|
* |
|
Malibu Boats Inc. Class A |
|
27,669 |
|
1,075 |
|
|
|
|
Tupperware Brands Corp. |
|
55,555 |
|
1,057 |
|
|
* |
|
Cooper-Standard Holdings Inc. |
|
22,906 |
|
1,050 |
|
|
|
|
Lennar Corp. Class B |
|
26,910 |
|
1,036 |
|
|
* |
|
M/I Homes Inc. |
|
36,119 |
|
1,031 |
|
|
* |
|
Levi Strauss & Co. Class A |
|
49,021 |
|
1,024 |
|
|
*,^ |
|
YETI Holdings Inc. |
|
33,906 |
|
982 |
|
|
* |
|
Modine Manufacturing Co. |
|
64,465 |
|
922 |
|
|
|
|
John B Sanfilippo & Son Inc. |
|
11,548 |
|
920 |
|
|
* |
|
Century Communities Inc. |
|
34,354 |
|
913 |
|
|
^ |
|
Tootsie Roll Industries Inc. |
|
24,102 |
|
890 |
|
|
|
|
Phibro Animal Health Corp. Class A |
|
26,566 |
|
844 |
|
|
* |
|
GoPro Inc. Class A |
|
152,259 |
|
831 |
|
|
|
|
Kimball International Inc. Class B |
|
46,939 |
|
818 |
|
|
* |
|
William Lyon Homes Class A |
|
42,954 |
|
783 |
|
|
|
|
Tenneco Inc. Class A |
|
69,727 |
|
773 |
|
|
* |
|
Universal Electronics Inc. |
|
17,123 |
|
702 |
|
|
|
|
Ethan Allen Interiors Inc. |
|
32,728 |
|
689 |
|
|
*,^ |
|
Fossil Group Inc. |
|
59,449 |
|
684 |
|
|
^ |
|
National Beverage Corp. |
|
15,202 |
|
678 |
|
|
* |
|
Vista Outdoor Inc. |
|
75,956 |
|
674 |
|
|
|
|
National Presto Industries Inc. |
|
6,773 |
|
632 |
|
|
* |
|
Sonos Inc. |
|
55,185 |
|
626 |
|
|
* |
|
American Outdoor Brands Corp. |
|
67,770 |
|
611 |
|
|
|
|
Movado Group Inc. |
|
21,240 |
|
573 |
|
|
* |
|
Primo Water Corp. |
|
46,290 |
|
569 |
|
|
* |
|
elf Beauty Inc. |
|
40,114 |
|
566 |
|
|
|
|
Turning Point Brands Inc. |
|
11,328 |
|
555 |
|
|
* |
|
Motorcar Parts of America Inc. |
|
24,983 |
|
535 |
|
|
^ |
|
Camping World Holdings Inc. Class A |
|
40,403 |
|
502 |
|
|
|
|
Tower International Inc. |
|
24,781 |
|
483 |
|
|
|
|
Johnson Outdoors Inc. Class A |
|
6,252 |
|
466 |
|
|
|
|
Clarus Corp. |
|
31,540 |
|
455 |
|
|
* |
|
MasterCraft Boat Holdings Inc. |
|
22,563 |
|
442 |
|
|
* |
|
Arlo Technologies Inc. |
|
104,997 |
|
421 |
|
|
* |
|
Beazer Homes USA Inc. |
|
42,392 |
|
407 |
|
|
* |
|
Central Garden & Pet Co. |
|
15,049 |
|
406 |
|
|
* |
|
Vera Bradley Inc. |
|
32,558 |
|
391 |
|
|
|
|
Limoneira Co. |
|
19,434 |
|
388 |
|
|
*,^ |
|
New Age Beverages Corp. |
|
83,110 |
|
387 |
|
|
* |
|
Unifi Inc. |
|
19,978 |
|
363 |
|
|
|
|
Titan International Inc. |
|
69,292 |
|
339 |
|
|
* |
|
Lovesac Co. |
|
10,720 |
|
333 |
|
|
|
|
Hooker Furniture Corp. |
|
15,264 |
|
315 |
|
|
*,^ |
|
22nd Century Group Inc. |
|
148,514 |
|
310 |
|
|
* |
|
Funko Inc. Class A |
|
11,255 |
|
273 |
|
|
|
|
Culp Inc. |
|
13,935 |
|
265 |
|
|
|
|
Rocky Brands Inc. |
|
9,372 |
|
256 |
|
|
* |
|
Seneca Foods Corp. Class A |
|
9,066 |
|
252 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
*,^ |
|
Akoustis Technologies Inc. |
|
36,977 |
|
237 |
|
|
* |
|
ZAGG Inc. |
|
33,366 |
|
232 |
|
|
|
|
Oil-Dri Corp. of America |
|
6,706 |
|
228 |
|
|
|
|
Superior Group of Cos. Inc. |
|
13,164 |
|
226 |
|
|
* |
|
Farmer Brothers Co. |
|
13,700 |
|
224 |
|
|
|
|
Bassett Furniture Industries Inc. |
|
13,657 |
|
208 |
|
|
*,^ |
|
Revlon Inc. Class A |
|
10,681 |
|
206 |
|
|
|
|
Hamilton Beach Brands Holding Co. Class A |
|
10,712 |
|
204 |
|
|
* |
|
Craft Brew Alliance Inc. |
|
14,279 |
|
200 |
|
|
|
|
Weyco Group Inc. |
|
7,434 |
|
199 |
|
|
* |
|
Delta Apparel Inc. |
|
8,147 |
|
189 |
|
|
* |
|
Lifevantage Corp. |
|
13,782 |
|
179 |
|
|
|
|
Flexsteel Industries Inc. |
|
9,749 |
|
166 |
|
|
*,^ |
|
Pyxus International Inc. |
|
10,911 |
|
166 |
|
|
|
|
Marine Products Corp. |
|
10,544 |
|
163 |
|
|
|
|
Lifetime Brands Inc. |
|
15,628 |
|
148 |
|
|
|
|
Escalade Inc. |
|
12,067 |
|
138 |
|
|
*,^ |
|
Vuzix Corp. |
|
30,030 |
|
123 |
|
|
|
|
Acme United Corp. |
|
5,355 |
|
121 |
|
|
* |
|
Natural Alternatives International Inc. |
|
10,100 |
|
118 |
|
|
|
|
Dean Foods Co. |
|
122,182 |
|
113 |
|
|
|
|
Strattec Security Corp. |
|
4,533 |
|
109 |
|
|
* |
|
Veru Inc. |
|
50,532 |
|
108 |
|
|
*,^ |
|
Reed’s Inc. |
|
27,690 |
|
105 |
|
|
|
|
Superior Industries International Inc. |
|
30,144 |
|
104 |
|
|
* |
|
RiceBran Technologies |
|
33,557 |
|
98 |
|
|
* |
|
Core Molding Technologies Inc. |
|
12,449 |
|
93 |
|
|
* |
|
Legacy Housing Corp. |
|
7,084 |
|
88 |
|
|
* |
|
Vince Holding Corp. |
|
6,249 |
|
87 |
|
|
*,^ |
|
cbdMD Inc. |
|
14,701 |
|
87 |
|
|
* |
|
Nautilus Inc. |
|
39,087 |
|
86 |
|
|
* |
|
Lakeland Industries Inc. |
|
7,656 |
|
86 |
|
|
* |
|
Shiloh Industries Inc. |
|
17,046 |
|
83 |
|
|
* |
|
Nature’s Sunshine Products Inc. |
|
8,635 |
|
80 |
|
|
|
|
Alico Inc. |
|
2,633 |
|
80 |
|
|
* |
|
LS Starrett Co. Class A |
|
11,175 |
|
74 |
|
|
*,^ |
|
Eastman Kodak Co. |
|
29,730 |
|
71 |
|
|
*,^ |
|
Celsius Holdings Inc. |
|
15,938 |
|
71 |
|
|
* |
|
New Home Co. Inc. |
|
17,246 |
|
66 |
|
|
*,^ |
|
S&W Seed Co. |
|
24,763 |
|
65 |
|
|
* |
|
Libbey Inc. |
|
31,918 |
|
59 |
|
|
*,^ |
|
Castle Brands Inc. |
|
123,932 |
|
57 |
|
|
*,^ |
|
Blink Charging Co. |
|
20,953 |
|
56 |
|
|
|
|
Kewaunee Scientific Corp. |
|
2,881 |
|
55 |
|
|
* |
|
Lipocine Inc. |
|
24,909 |
|
49 |
|
|
* |
|
Bridgford Foods Corp. |
|
1,495 |
|
44 |
|
|
* |
|
Hovnanian Enterprises Inc. Class A |
|
5,850 |
|
44 |
|
|
* |
|
US Auto Parts Network Inc. |
|
35,456 |
|
44 |
|
|
* |
|
Centric Brands Inc. |
|
9,467 |
|
39 |
|
|
* |
|
Emerson Radio Corp. |
|
32,812 |
|
34 |
|
|
* |
|
Tandy Leather Factory Inc. |
|
5,825 |
|
32 |
|
|
* |
|
Lifeway Foods Inc. |
|
7,962 |
|
29 |
|
|
*,^ |
|
Nova Lifestyle Inc. |
|
40,548 |
|
28 |
|
|
|
|
Unique Fabricating Inc. |
|
9,987 |
|
27 |
|
|
* |
|
Zedge Inc. Class B |
|
14,083 |
|
23 |
|
|
* |
|
Alpha Pro Tech Ltd. |
|
6,600 |
|
23 |
|
|
|
|
Crown Crafts Inc. |
|
4,478 |
|
21 |
|
|
* |
|
Sequential Brands Group Inc. |
|
33,489 |
|
18 |
|
|
|
|
CompX International Inc. |
|
1,065 |
|
18 |
|
|
* |
|
JAKKS Pacific Inc. |
|
24,492 |
|
17 |
|
|
|
|
Rocky Mountain Chocolate Factory Inc. |
|
1,888 |
|
16 |
|
|
* |
|
Charles & Colvard Ltd. |
|
9,432 |
|
15 |
|
|
* |
|
Summer Infant Inc. |
|
21,100 |
|
11 |
|
|
* |
|
Greenlane Holdings Inc. Class A |
|
969 |
|
9 |
|
|
* |
|
Innovate Biopharmaceuticals Inc. |
|
7,400 |
|
9 |
|
|
* |
|
Dixie Group Inc. |
|
13,898 |
|
8 |
|
|
* |
|
Coffee Holding Co. Inc. |
|
1,503 |
|
6 |
|
|
* |
|
Willamette Valley Vineyards Inc. |
|
800 |
|
6 |
|
|
* |
|
Cyanotech Corp. |
|
997 |
|
3 |
|
|
|
|
Mannatech Inc. |
|
100 |
|
2 |
|
|
|
|
|
|
|
|
3,072,563 |
|
|
Consumer Services (13.8%) |
|
|
|
|
| ||
|
* |
|
Amazon.com Inc. |
|
561,452 |
|
1,063,182 |
|
|
|
|
Walt Disney Co. |
|
2,405,649 |
|
335,925 |
|
|
|
|
Home Depot Inc. |
|
1,481,690 |
|
308,147 |
|
|
|
|
Comcast Corp. Class A |
|
6,050,549 |
|
255,817 |
|
|
* |
|
Netflix Inc. |
|
586,142 |
|
215,302 |
|
|
|
|
Walmart Inc. |
|
1,945,784 |
|
214,990 |
|
|
|
|
McDonald’s Corp. |
|
1,032,769 |
|
214,465 |
|
|
|
|
Costco Wholesale Corp. |
|
589,960 |
|
155,903 |
|
|
|
|
Starbucks Corp. |
|
1,565,566 |
|
131,241 |
|
|
* |
|
Booking Holdings Inc. |
|
58,923 |
|
110,463 |
|
|
|
|
Lowe’s Cos. Inc. |
|
1,076,325 |
|
108,612 |
|
|
|
|
CVS Health Corp. |
|
1,731,228 |
|
94,335 |
|
|
* |
|
Charter Communications Inc. Class A |
|
211,345 |
|
83,519 |
|
|
|
|
TJX Cos. Inc. |
|
1,480,006 |
|
78,263 |
|
|
|
|
Target Corp. |
|
694,501 |
|
60,151 |
|
|
|
|
Walgreens Boots Alliance Inc. |
|
1,055,274 |
|
57,692 |
|
|
|
|
Marriott International Inc. Class A |
|
368,274 |
|
51,665 |
|
|
|
|
Ross Stores Inc. |
|
496,809 |
|
49,244 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Dollar General Corp. |
|
351,989 |
|
47,575 |
|
|
|
|
Sysco Corp. |
|
653,201 |
|
46,194 |
|
|
|
|
Yum! Brands Inc. |
|
410,216 |
|
45,399 |
|
|
|
|
eBay Inc. |
|
1,148,120 |
|
45,351 |
|
|
|
|
Delta Air Lines Inc. |
|
793,803 |
|
45,048 |
|
|
* |
|
O’Reilly Automotive Inc. |
|
105,965 |
|
39,135 |
|
|
|
|
Hilton Worldwide Holdings Inc. |
|
392,741 |
|
38,386 |
|
|
* |
|
AutoZone Inc. |
|
33,792 |
|
37,153 |
|
|
|
|
McKesson Corp. |
|
256,607 |
|
34,485 |
|
|
|
|
Southwest Airlines Co. |
|
658,629 |
|
33,445 |
|
|
* |
|
Dollar Tree Inc. |
|
308,582 |
|
33,139 |
|
|
|
|
Las Vegas Sands Corp. |
|
525,468 |
|
31,050 |
|
|
|
|
Royal Caribbean Cruises Ltd. |
|
224,664 |
|
27,231 |
|
|
* |
|
Chipotle Mexican Grill Inc. Class A |
|
37,078 |
|
27,174 |
|
|
* |
|
United Continental Holdings Inc. |
|
304,208 |
|
26,633 |
|
|
* |
|
Ulta Beauty Inc. |
|
75,621 |
|
26,232 |
|
|
|
|
Carnival Corp. |
|
530,422 |
|
24,691 |
|
|
|
|
Omnicom Group Inc. |
|
299,857 |
|
24,573 |
|
|
|
|
Kroger Co. |
|
1,068,248 |
|
23,192 |
|
|
|
|
CBS Corp. Class B |
|
449,018 |
|
22,406 |
|
|
|
|
Best Buy Co. Inc. |
|
306,401 |
|
21,365 |
|
|
* |
|
Copart Inc. |
|
282,650 |
|
21,125 |
|
|
|
|
Expedia Group Inc. |
|
153,079 |
|
20,364 |
|
|
|
|
Darden Restaurants Inc. |
|
165,292 |
|
20,121 |
|
|
* |
|
CarMax Inc. |
|
228,595 |
|
19,849 |
|
|
|
|
MGM Resorts International |
|
634,822 |
|
18,137 |
|
|
|
|
AmerisourceBergen Corp. Class A |
|
211,823 |
|
18,060 |
|
|
|
|
Tractor Supply Co. |
|
164,342 |
|
17,880 |
|
|
|
|
American Airlines Group Inc. |
|
539,549 |
|
17,595 |
|
|
|
|
Fox Corp. Class A |
|
475,371 |
|
17,418 |
|
|
* |
|
Norwegian Cruise Line Holdings Ltd. |
|
294,427 |
|
15,790 |
|
|
|
|
Domino’s Pizza Inc. |
|
55,637 |
|
15,483 |
|
|
* |
|
Liberty Broadband Corp. |
|
147,990 |
|
15,423 |
|
|
* |
|
Burlington Stores Inc. |
|
90,569 |
|
15,410 |
|
|
|
|
Wynn Resorts Ltd. |
|
123,913 |
|
15,364 |
|
|
|
|
FactSet Research Systems Inc. |
|
50,906 |
|
14,588 |
|
|
|
|
Tiffany & Co. |
|
155,367 |
|
14,549 |
|
|
|
|
Viacom Inc. Class B |
|
486,733 |
|
14,539 |
|
|
|
|
Advance Auto Parts Inc. |
|
91,507 |
|
14,105 |
|
|
* |
|
Discovery Communications Inc. |
|
451,743 |
|
12,852 |
|
|
* |
|
Altice USA Inc. Class A |
|
499,227 |
|
12,156 |
|
|
* |
|
Live Nation Entertainment Inc. |
|
182,847 |
|
12,114 |
|
|
|
|
Vail Resorts Inc. |
|
53,937 |
|
12,038 |
|
|
|
|
Aramark |
|
329,607 |
|
11,886 |
|
|
* |
|
Bright Horizons Family Solutions Inc. |
|
77,542 |
|
11,699 |
|
|
|
|
Interpublic Group of Cos. Inc. |
|
514,765 |
|
11,629 |
|
|
* |
|
Trade Desk Inc. Class A |
|
49,565 |
|
11,290 |
|
|
* |
|
DISH Network Corp. Class A |
|
293,285 |
|
11,265 |
|
|
^ |
|
Sirius XM Holdings Inc. |
|
1,955,791 |
|
10,913 |
|
|
|
|
Service Corp. International |
|
230,853 |
|
10,799 |
|
|
|
|
Nielsen Holdings plc |
|
477,393 |
|
10,789 |
|
|
|
|
Alaska Air Group Inc. |
|
165,750 |
|
10,593 |
|
|
|
|
Kohl’s Corp. |
|
221,023 |
|
10,510 |
|
|
*,^ |
|
Uber Technologies Inc. |
|
224,322 |
|
10,404 |
|
|
* |
|
Liberty Media Corp-Liberty Formula One |
|
261,156 |
|
9,770 |
|
|
* |
|
GrubHub Inc. |
|
121,665 |
|
9,489 |
|
|
* |
|
ServiceMaster Global Holdings Inc. |
|
181,413 |
|
9,450 |
|
|
* |
|
Etsy Inc. |
|
153,010 |
|
9,390 |
|
|
* |
|
Caesars Entertainment Corp. |
|
765,542 |
|
9,049 |
|
|
* |
|
Roku Inc. |
|
99,067 |
|
8,973 |
|
|
* |
|
Five Below Inc. |
|
74,610 |
|
8,955 |
|
|
|
|
News Corp. Class A |
|
659,227 |
|
8,893 |
|
|
|
|
Dunkin’ Brands Group Inc. |
|
110,789 |
|
8,825 |
|
|
|
|
Macy’s Inc. |
|
410,825 |
|
8,816 |
|
|
* |
|
Planet Fitness Inc. Class A |
|
117,798 |
|
8,533 |
|
|
* |
|
Liberty Broadband Corp. Class A |
|
81,016 |
|
8,332 |
|
|
|
|
L Brands Inc. |
|
314,000 |
|
8,195 |
|
|
* |
|
Liberty Media Corp-Liberty SiriusXM Class C |
|
214,965 |
|
8,164 |
|
|
|
|
Sabre Corp. |
|
367,468 |
|
8,158 |
|
|
|
|
H&R Block Inc. |
|
274,846 |
|
8,053 |
|
|
|
|
Cable One Inc. |
|
6,841 |
|
8,011 |
|
|
|
|
Rollins Inc. |
|
221,808 |
|
7,956 |
|
|
|
|
Fox Corp. Class B |
|
211,964 |
|
7,743 |
|
|
|
|
Casey’s General Stores Inc. |
|
49,396 |
|
7,705 |
|
|
* |
|
JetBlue Airways Corp. |
|
411,468 |
|
7,608 |
|
|
* |
|
Grand Canyon Education Inc. |
|
64,438 |
|
7,540 |
|
|
|
|
Wyndham Hotels & Resorts Inc. |
|
131,646 |
|
7,338 |
|
|
* |
|
Qurate Retail Group Inc. QVC Group Class A |
|
569,616 |
|
7,058 |
|
|
^ |
|
Williams-Sonoma Inc. |
|
107,996 |
|
7,020 |
|
|
* |
|
IAA Inc. |
|
178,652 |
|
6,928 |
|
|
|
|
Gap Inc. |
|
382,570 |
|
6,875 |
|
|
* |
|
Madison Square Garden Co. Class A |
|
24,537 |
|
6,869 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
TripAdvisor Inc. |
|
141,650 |
|
6,557 |
|
|
|
|
New York Times Co. Class A |
|
198,106 |
|
6,462 |
|
|
|
|
Foot Locker Inc. |
|
151,115 |
|
6,335 |
|
|
*,^ |
|
Discovery Communications Inc. Class A |
|
206,031 |
|
6,325 |
|
|
* |
|
Ollie’s Bargain Outlet Holdings Inc. |
|
71,796 |
|
6,254 |
|
|
|
|
Nexstar Media Group Inc. Class A |
|
57,540 |
|
5,812 |
|
|
|
|
Marriott Vacations Worldwide Corp. |
|
59,873 |
|
5,772 |
|
|
* |
|
Chegg Inc. |
|
146,507 |
|
5,654 |
|
|
|
|
Aaron’s Inc. |
|
90,787 |
|
5,575 |
|
|
|
|
Cracker Barrel Old Country Store Inc. |
|
32,419 |
|
5,535 |
|
|
* |
|
Performance Food Group Co. |
|
135,227 |
|
5,413 |
|
|
|
|
Wyndham Destinations Inc. |
|
123,147 |
|
5,406 |
|
|
|
|
Churchill Downs Inc. |
|
46,399 |
|
5,339 |
|
|
|
|
Dolby Laboratories Inc. Class A |
|
81,341 |
|
5,255 |
|
|
|
|
Cinemark Holdings Inc. |
|
140,692 |
|
5,079 |
|
|
|
|
Strategic Education Inc. |
|
27,802 |
|
4,949 |
|
|
* |
|
frontdoor Inc. |
|
113,160 |
|
4,928 |
|
|
|
|
Nordstrom Inc. |
|
154,249 |
|
4,914 |
|
|
|
|
Wendy’s Co. |
|
250,759 |
|
4,910 |
|
|
|
|
Sinclair Broadcast Group Inc. Class A |
|
90,757 |
|
4,867 |
|
|
|
|
Texas Roadhouse Inc. Class A |
|
90,574 |
|
4,861 |
|
|
|
|
Tribune Media Co. Class A |
|
103,360 |
|
4,777 |
|
|
|
|
Six Flags Entertainment Corp. |
|
95,494 |
|
4,744 |
|
|
|
|
KAR Auction Services Inc. |
|
178,652 |
|
4,466 |
|
|
* |
|
BJ’s Wholesale Club Holdings Inc. |
|
168,209 |
|
4,441 |
|
|
|
|
TEGNA Inc. |
|
291,205 |
|
4,412 |
|
|
* |
|
Spirit Airlines Inc. |
|
92,375 |
|
4,409 |
|
|
|
|
World Wrestling Entertainment Inc. Class A |
|
59,641 |
|
4,307 |
|
|
* |
|
AutoNation Inc. |
|
102,230 |
|
4,287 |
|
|
|
|
Extended Stay America Inc. |
|
253,659 |
|
4,284 |
|
|
* |
|
Liberty Media Corp-Liberty SiriusXM Class A |
|
111,367 |
|
4,211 |
|
|
* |
|
LiveRamp Holdings Inc. |
|
86,274 |
|
4,183 |
|
|
* |
|
Hilton Grand Vacations Inc. |
|
128,968 |
|
4,104 |
|
|
|
|
Hyatt Hotels Corp. Class A |
|
52,419 |
|
3,991 |
|
|
|
|
AMERCO |
|
10,479 |
|
3,967 |
|
|
|
|
SkyWest Inc. |
|
65,379 |
|
3,967 |
|
|
|
|
Choice Hotels International Inc. |
|
44,913 |
|
3,908 |
|
|
*,^ |
|
Carvana Co. Class A |
|
61,411 |
|
3,844 |
|
|
* |
|
Floor & Decor Holdings Inc. Class A |
|
91,553 |
|
3,836 |
|
|
|
|
Graham Holdings Co. Class B |
|
5,485 |
|
3,785 |
|
|
|
|
American Eagle Outfitters Inc. |
|
223,290 |
|
3,774 |
|
|
|
|
Wingstop Inc. |
|
39,533 |
|
3,746 |
|
|
|
|
Morningstar Inc. |
|
25,619 |
|
3,705 |
|
|
* |
|
Yelp Inc. Class A |
|
106,105 |
|
3,627 |
|
|
*,^ |
|
Eldorado Resorts Inc. |
|
77,858 |
|
3,587 |
|
|
|
|
Monro Inc. |
|
41,809 |
|
3,566 |
|
|
* |
|
Adtalem Global Education Inc. |
|
78,091 |
|
3,518 |
|
|
*,^ |
|
Lyft Inc. Class A |
|
53,510 |
|
3,516 |
|
|
* |
|
Liberty Expedia Holdings Inc. Class A |
|
73,531 |
|
3,514 |
|
|
* |
|
Murphy USA Inc. |
|
41,214 |
|
3,463 |
|
|
|
|
Lithia Motors Inc. Class A |
|
29,009 |
|
3,446 |
|
|
* |
|
Cargurus Inc. |
|
94,612 |
|
3,416 |
|
|
|
|
Dick’s Sporting Goods Inc. |
|
94,373 |
|
3,268 |
|
|
* |
|
AMC Networks Inc. Class A |
|
57,673 |
|
3,143 |
|
|
* |
|
Sotheby’s |
|
53,638 |
|
3,118 |
|
|
|
|
Hillenbrand Inc. |
|
77,153 |
|
3,053 |
|
|
* |
|
Sprouts Farmers Market Inc. |
|
158,538 |
|
2,995 |
|
|
*,^ |
|
RH |
|
25,588 |
|
2,958 |
|
|
|
|
Meredith Corp. |
|
53,254 |
|
2,932 |
|
|
* |
|
Penn National Gaming Inc. |
|
150,082 |
|
2,891 |
|
|
|
|
John Wiley & Sons Inc. Class A |
|
62,620 |
|
2,872 |
|
|
* |
|
Avis Budget Group Inc. |
|
81,662 |
|
2,871 |
|
|
|
|
Boyd Gaming Corp. |
|
103,309 |
|
2,783 |
|
|
* |
|
National Vision Holdings Inc. |
|
89,125 |
|
2,739 |
|
|
|
|
Jack in the Box Inc. |
|
32,734 |
|
2,664 |
|
|
* |
|
Shake Shack Inc. Class A |
|
35,628 |
|
2,572 |
|
|
|
|
Allegiant Travel Co. Class A |
|
17,330 |
|
2,487 |
|
|
|
|
Cheesecake Factory Inc. |
|
55,825 |
|
2,441 |
|
|
|
|
Bloomin’ Brands Inc. |
|
123,705 |
|
2,339 |
|
|
* |
|
Simply Good Foods Co. |
|
95,667 |
|
2,304 |
|
|
* |
|
Shutterfly Inc. |
|
45,349 |
|
2,292 |
|
|
* |
|
Asbury Automotive Group Inc. |
|
27,025 |
|
2,279 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Core-Mark Holding Co. Inc. |
|
57,313 |
|
2,276 |
|
|
* |
|
Urban Outfitters Inc. |
|
98,950 |
|
2,251 |
|
|
* |
|
Laureate Education Inc. Class A |
|
142,229 |
|
2,234 |
|
|
* |
|
SeaWorld Entertainment Inc. |
|
71,999 |
|
2,232 |
|
|
* |
|
Groupon Inc. Class A |
|
620,476 |
|
2,221 |
|
|
|
|
Dine Brands Global Inc. |
|
22,981 |
|
2,194 |
|
|
*,^ |
|
Chewy Inc. |
|
62,378 |
|
2,183 |
|
|
* |
|
Sally Beauty Holdings Inc. |
|
161,653 |
|
2,156 |
|
|
|
|
Dave & Buster’s Entertainment Inc. |
|
52,405 |
|
2,121 |
|
|
|
|
Penske Automotive Group Inc. |
|
44,542 |
|
2,107 |
|
|
|
|
Bed Bath & Beyond Inc. |
|
174,495 |
|
2,028 |
|
|
|
|
Red Rock Resorts Inc. Class A |
|
91,506 |
|
1,966 |
|
|
* |
|
Clear Channel Outdoor Holdings Inc. |
|
415,822 |
|
1,963 |
|
|
|
|
Brinker International Inc. |
|
49,631 |
|
1,953 |
|
|
* |
|
Gray Television Inc. |
|
118,739 |
|
1,946 |
|
|
|
|
Children’s Place Inc. |
|
20,111 |
|
1,918 |
|
|
|
|
Group 1 Automotive Inc. |
|
23,237 |
|
1,903 |
|
|
|
|
PriceSmart Inc. |
|
37,092 |
|
1,896 |
|
|
|
|
Viad Corp. |
|
27,605 |
|
1,829 |
|
|
* |
|
Cars.com Inc. |
|
91,892 |
|
1,812 |
|
|
|
|
Designer Brands Inc. Class A |
|
93,654 |
|
1,795 |
|
|
*,^ |
|
Stitch Fix Inc. Class A |
|
54,878 |
|
1,756 |
|
|
|
|
Hawaiian Holdings Inc. |
|
62,237 |
|
1,707 |
|
|
* |
|
Career Education Corp. |
|
88,282 |
|
1,684 |
|
|
|
|
Lions Gate Entertainment Corp. Class B |
|
142,099 |
|
1,650 |
|
|
* |
|
Rent-A-Center Inc. |
|
61,131 |
|
1,628 |
|
|
* |
|
Denny’s Corp. |
|
79,058 |
|
1,623 |
|
|
* |
|
MSG Networks Inc. |
|
75,834 |
|
1,573 |
|
|
* |
|
K12 Inc. |
|
50,881 |
|
1,547 |
|
|
|
|
Big Lots Inc. |
|
53,029 |
|
1,517 |
|
|
|
|
Office Depot Inc. |
|
715,824 |
|
1,475 |
|
|
* |
|
Herc Holdings Inc. |
|
31,904 |
|
1,462 |
|
|
|
|
Abercrombie & Fitch Co. |
|
89,153 |
|
1,430 |
|
|
* |
|
Scientific Games Corp. |
|
72,120 |
|
1,429 |
|
|
|
|
Matthews International Corp. Class A |
|
40,169 |
|
1,400 |
|
|
*,^ |
|
Upwork Inc. |
|
84,593 |
|
1,360 |
|
|
|
|
International Speedway Corp. Class A |
|
30,203 |
|
1,356 |
|
|
*,^ |
|
Trupanion Inc. |
|
37,239 |
|
1,345 |
|
|
* |
|
Liberty Media Corp-Liberty Braves Class C |
|
47,965 |
|
1,342 |
|
|
* |
|
ANGI Homeservices Inc. Class A |
|
101,452 |
|
1,320 |
|
|
* |
|
Boot Barn Holdings Inc. |
|
36,392 |
|
1,297 |
|
|
|
|
Guess? Inc. |
|
78,383 |
|
1,266 |
|
|
|
|
Papa John’s International Inc. |
|
27,759 |
|
1,241 |
|
|
|
|
Signet Jewelers Ltd. |
|
69,297 |
|
1,239 |
|
|
|
|
BJ’s Restaurants Inc. |
|
27,611 |
|
1,213 |
|
|
* |
|
Weight Watchers International Inc. |
|
62,282 |
|
1,190 |
|
|
|
|
Gannett Co. Inc. |
|
145,599 |
|
1,188 |
|
|
* |
|
Liberty TripAdvisor Holdings Inc. Class A |
|
94,736 |
|
1,175 |
|
|
* |
|
Chefs’ Warehouse Inc. |
|
33,392 |
|
1,171 |
|
|
*,^ |
|
Hertz Global Holdings Inc. |
|
72,313 |
|
1,154 |
|
|
|
|
Scholastic Corp. |
|
34,121 |
|
1,134 |
|
|
* |
|
Genesco Inc. |
|
26,745 |
|
1,131 |
|
|
* |
|
Quotient Technology Inc. |
|
103,783 |
|
1,115 |
|
|
* |
|
Liberty Media Corp-Liberty Formula One Class A |
|
29,807 |
|
1,069 |
|
|
|
|
EW Scripps Co. Class A |
|
68,033 |
|
1,040 |
|
|
* |
|
Stamps.com Inc. |
|
22,692 |
|
1,027 |
|
|
|
|
Caleres Inc. |
|
51,417 |
|
1,024 |
|
|
* |
|
SP Plus Corp. |
|
30,923 |
|
987 |
|
|
|
|
Entercom Communications Corp. Class A |
|
167,109 |
|
969 |
|
|
|
|
Marcus Corp. |
|
29,337 |
|
967 |
|
|
^ |
|
Lions Gate Entertainment Corp. Class A |
|
77,710 |
|
952 |
|
|
* |
|
Michaels Cos. Inc. |
|
108,070 |
|
940 |
|
|
^ |
|
Dillard’s Inc. Class A |
|
14,710 |
|
916 |
|
|
* |
|
QuinStreet Inc. |
|
54,385 |
|
862 |
|
|
* |
|
Providence Service Corp. |
|
14,978 |
|
859 |
|
|
* |
|
BrightView Holdings Inc. |
|
43,769 |
|
819 |
|
|
|
|
Ruth’s Hospitality Group Inc. |
|
35,680 |
|
810 |
|
|
* |
|
Houghton Mifflin Harcourt Co. |
|
135,949 |
|
783 |
|
|
|
|
Weis Markets Inc. |
|
19,860 |
|
723 |
|
|
* |
|
TechTarget Inc. |
|
33,461 |
|
711 |
|
|
|
|
New Media Investment Group Inc. |
|
74,298 |
|
701 |
|
|
^ |
|
GameStop Corp. Class A |
|
127,349 |
|
697 |
|
|
* |
|
America’s Car-Mart Inc. |
|
8,015 |
|
690 |
|
|
^ |
|
Buckle Inc. |
|
39,531 |
|
684 |
|
|
|
|
Sonic Automotive Inc. Class A |
|
28,727 |
|
671 |
|
|
* |
|
PlayAGS Inc. |
|
33,944 |
|
660 |
|
|
* |
|
Regis Corp. |
|
39,644 |
|
658 |
|
|
* |
|
Monarch Casino & Resort Inc. |
|
15,316 |
|
655 |
|
|
|
|
AMC Entertainment Holdings Inc. Class A |
|
69,598 |
|
649 |
|
|
* |
|
United Natural Foods Inc. |
|
71,374 |
|
640 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
1-800-Flowers.com Inc. Class A |
|
33,875 |
|
640 |
|
|
* |
|
Zumiez Inc. |
|
24,114 |
|
629 |
|
|
* |
|
American Public Education Inc. |
|
20,877 |
|
618 |
|
|
* |
|
Grocery Outlet Holding Corp. |
|
18,579 |
|
611 |
|
|
* |
|
Lindblad Expeditions Holdings Inc. |
|
33,048 |
|
593 |
|
|
|
|
Ingles Markets Inc. Class A |
|
18,917 |
|
589 |
|
|
|
|
Winmark Corp. |
|
3,401 |
|
589 |
|
|
* |
|
MarineMax Inc. |
|
35,323 |
|
581 |
|
|
^ |
|
Rite Aid Corp. |
|
69,771 |
|
559 |
|
|
|
|
National CineMedia Inc. |
|
84,571 |
|
555 |
|
|
* |
|
Party City Holdco Inc. |
|
75,323 |
|
552 |
|
|
* |
|
TrueCar Inc. |
|
100,674 |
|
550 |
|
|
*,^ |
|
Revolve Group Inc. |
|
15,746 |
|
543 |
|
|
|
|
Chico’s FAS Inc. |
|
157,920 |
|
532 |
|
|
* |
|
Red Robin Gourmet Burgers Inc. |
|
17,369 |
|
531 |
|
|
* |
|
Del Taco Restaurants Inc. |
|
41,337 |
|
530 |
|
|
* |
|
Twin River Worldwide Holdings Inc. |
|
17,465 |
|
520 |
|
|
|
|
Carriage Services Inc. Class A |
|
27,142 |
|
516 |
|
|
|
|
SpartanNash Co. |
|
43,652 |
|
509 |
|
|
* |
|
Chuy’s Holdings Inc. |
|
21,437 |
|
491 |
|
|
* |
|
Avid Technology Inc. |
|
53,656 |
|
489 |
|
|
* |
|
Titan Machinery Inc. |
|
23,701 |
|
488 |
|
|
*,^ |
|
Waitr Holdings Inc. |
|
76,848 |
|
483 |
|
|
* |
|
Clean Energy Fuels Corp. |
|
173,089 |
|
462 |
|
|
* |
|
Hibbett Sports Inc. |
|
25,202 |
|
459 |
|
|
*,^ |
|
JC Penney Co. Inc. |
|
399,803 |
|
456 |
|
|
*,^ |
|
HF Foods Group Inc. |
|
13,080 |
|
455 |
|
|
* |
|
PCM Inc. |
|
12,754 |
|
447 |
|
|
* |
|
Diplomat Pharmacy Inc. |
|
73,026 |
|
445 |
|
|
*,^ |
|
Overstock.com Inc. |
|
32,625 |
|
444 |
|
|
*,^ |
|
Lumber Liquidators Holdings Inc. |
|
37,719 |
|
436 |
|
|
* |
|
Conn’s Inc. |
|
24,202 |
|
431 |
|
|
|
|
Barnes & Noble Inc. |
|
62,628 |
|
419 |
|
|
* |
|
At Home Group Inc. |
|
62,731 |
|
418 |
|
|
* |
|
Care.com Inc. |
|
37,988 |
|
417 |
|
|
* |
|
Carrols Restaurant Group Inc. |
|
45,917 |
|
415 |
|
|
^ |
|
PetMed Express Inc. |
|
26,421 |
|
414 |
|
|
^ |
|
Shoe Carnival Inc. |
|
14,879 |
|
411 |
|
|
* |
|
Rubicon Project Inc. |
|
59,823 |
|
380 |
|
|
* |
|
Digital Turbine Inc. |
|
75,668 |
|
378 |
|
|
|
|
Haverty Furniture Cos. Inc. |
|
22,201 |
|
378 |
|
|
|
|
Tailored Brands Inc. |
|
65,399 |
|
377 |
|
|
|
|
Emerald Expositions Events Inc. |
|
33,529 |
|
374 |
|
|
* |
|
Fiesta Restaurant Group Inc. |
|
28,153 |
|
370 |
|
|
* |
|
Liberty Media Corp-Liberty Braves Class A |
|
12,633 |
|
351 |
|
|
* |
|
Drive Shack Inc. |
|
72,521 |
|
340 |
|
|
* |
|
Golden Entertainment Inc. |
|
24,266 |
|
340 |
|
|
|
|
Cato Corp. Class A |
|
27,511 |
|
339 |
|
|
* |
|
Cumulus Media Inc. Class A |
|
18,126 |
|
336 |
|
|
|
|
Nathan’s Famous Inc. |
|
4,297 |
|
336 |
|
|
* |
|
comScore Inc. |
|
64,187 |
|
331 |
|
|
* |
|
Del Frisco’s Restaurant Group Inc. |
|
41,555 |
|
331 |
|
|
* |
|
Reading International Inc. Class A |
|
25,341 |
|
329 |
|
|
* |
|
Century Casinos Inc. |
|
33,152 |
|
322 |
|
|
|
|
News Corp. Class B |
|
22,990 |
|
321 |
|
|
|
|
Speedway Motorsports Inc. |
|
16,887 |
|
313 |
|
|
* |
|
Select Interior Concepts Inc. Class A |
|
26,163 |
|
305 |
|
|
* |
|
El Pollo Loco Holdings Inc. |
|
28,309 |
|
302 |
|
|
* |
|
Hemisphere Media Group Inc. Class A |
|
23,290 |
|
301 |
|
|
|
|
Village Super Market Inc. Class A |
|
10,801 |
|
286 |
|
|
|
|
Entravision Communications Corp. Class A |
|
88,548 |
|
276 |
|
|
* |
|
Fluent Inc. |
|
48,810 |
|
263 |
|
|
* |
|
Habit Restaurants Inc. Class A |
|
25,017 |
|
262 |
|
|
* |
|
Boston Omaha Corp. Class A |
|
11,274 |
|
261 |
|
|
*,^ |
|
Daily Journal Corp. |
|
1,074 |
|
256 |
|
|
* |
|
Mesa Air Group Inc. |
|
27,731 |
|
253 |
|
|
* |
|
Express Inc. |
|
92,829 |
|
253 |
|
|
* |
|
Marchex Inc. Class B |
|
52,492 |
|
247 |
|
|
* |
|
Sportsman’s Warehouse Holdings Inc. |
|
63,762 |
|
241 |
|
|
* |
|
Biglari Holdings Inc. Class B |
|
2,276 |
|
236 |
|
|
|
|
Saga Communications Inc. Class A |
|
7,419 |
|
232 |
|
|
* |
|
Liquidity Services Inc. |
|
38,017 |
|
231 |
|
|
* |
|
Noodles & Co. Class A |
|
29,221 |
|
230 |
|
|
|
|
Citi Trends Inc. |
|
15,639 |
|
229 |
|
|
* |
|
J Alexander’s Holdings Inc. |
|
20,016 |
|
225 |
|
|
* |
|
Duluth Holdings Inc. |
|
16,259 |
|
221 |
|
|
|
|
RCI Hospitality Holdings Inc. |
|
11,477 |
|
201 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Tilly’s Inc. Class A |
|
26,075 |
|
199 |
|
|
* |
|
MDC Partners Inc. Class A |
|
75,511 |
|
190 |
|
|
|
|
Tile Shop Holdings Inc. |
|
47,120 |
|
188 |
|
|
|
|
Collectors Universe Inc. |
|
8,514 |
|
182 |
|
|
|
|
Tribune Publishing Co. |
|
22,480 |
|
179 |
|
|
* |
|
Red Lion Hotels Corp. |
|
23,892 |
|
170 |
|
|
*,^ |
|
GNC Holdings Inc. Class A |
|
108,755 |
|
163 |
|
|
* |
|
Lands’ End Inc. |
|
13,310 |
|
163 |
|
|
* |
|
Container Store Group Inc. |
|
20,580 |
|
151 |
|
|
* |
|
Leaf Group Ltd. |
|
20,217 |
|
150 |
|
|
* |
|
Lee Enterprises Inc. |
|
63,800 |
|
143 |
|
|
* |
|
Barnes & Noble Education Inc. |
|
42,279 |
|
142 |
|
|
*,^ |
|
Hertz Global Holdings Inc. Rights Exp. 07/12/2019 |
|
72,313 |
|
141 |
|
|
* |
|
Potbelly Corp. |
|
27,369 |
|
139 |
|
|
* |
|
Alkaline Water Co. Inc. |
|
62,416 |
|
136 |
|
|
* |
|
Ascena Retail Group Inc. |
|
222,066 |
|
135 |
|
|
* |
|
Build-A-Bear Workshop Inc. |
|
23,091 |
|
129 |
|
|
* |
|
Travelzoo |
|
8,232 |
|
127 |
|
|
* |
|
Gaia Inc. Class A |
|
16,289 |
|
123 |
|
|
* |
|
Natural Grocers by Vitamin Cottage Inc. |
|
11,815 |
|
119 |
|
|
* |
|
Tuesday Morning Corp. |
|
69,632 |
|
118 |
|
|
* |
|
Zovio Inc. Class A |
|
32,556 |
|
117 |
|
|
* |
|
Rave Restaurant Group Inc. |
|
34,295 |
|
106 |
|
|
* |
|
Vitamin Shoppe Inc. |
|
26,666 |
|
105 |
|
|
|
|
AH Belo Corp. Class A |
|
27,149 |
|
100 |
|
|
* |
|
Destination XL Group Inc. |
|
55,225 |
|
97 |
|
|
* |
|
Biglari Holdings Inc. |
|
169 |
|
90 |
|
|
*,^ |
|
LiveXLive Media Inc. |
|
18,705 |
|
78 |
|
|
* |
|
HyreCar Inc. |
|
18,083 |
|
76 |
|
|
* |
|
AutoWeb Inc. |
|
20,942 |
|
74 |
|
|
* |
|
RealReal Inc. |
|
2,542 |
|
73 |
|
|
* |
|
RealNetworks Inc. |
|
35,959 |
|
68 |
|
|
|
|
Ark Restaurants Corp. |
|
3,264 |
|
67 |
|
|
|
|
Chicken Soup For The Soul Entertainment Inc. |
|
8,803 |
|
66 |
|
|
|
|
Peak Resorts Inc. |
|
13,873 |
|
66 |
|
|
*,^ |
|
Social Reality Inc. Class A |
|
13,612 |
|
63 |
|
|
^ |
|
Big 5 Sporting Goods Corp. |
|
31,098 |
|
61 |
|
|
* |
|
Profire Energy Inc. |
|
39,969 |
|
60 |
|
|
*,^ |
|
Youngevity International Inc. |
|
10,582 |
|
60 |
|
|
* |
|
A-Mark Precious Metals Inc. |
|
4,552 |
|
59 |
|
|
* |
|
Full House Resorts Inc. |
|
31,564 |
|
59 |
|
|
|
|
Educational Development Corp. |
|
8,052 |
|
56 |
|
|
* |
|
RTW RetailWinds Inc. |
|
31,748 |
|
54 |
|
|
* |
|
Emmis Communications Corp. Class A |
|
11,066 |
|
53 |
|
|
* |
|
Famous Dave’s of America Inc. |
|
11,721 |
|
52 |
|
|
* |
|
Urban One Inc. |
|
26,330 |
|
52 |
|
|
|
|
CSS Industries Inc. |
|
10,197 |
|
50 |
|
|
|
|
Townsquare Media Inc. Class A |
|
8,492 |
|
46 |
|
|
|
|
Dover Motorsports Inc. |
|
21,298 |
|
44 |
|
|
|
|
Viacom Inc. Class A |
|
1,291 |
|
44 |
|
|
^ |
|
Pier 1 Imports Inc. |
|
5,699 |
|
43 |
|
|
^ |
|
J. Jill Inc. |
|
20,843 |
|
41 |
|
|
* |
|
Kirkland’s Inc. |
|
17,778 |
|
40 |
|
|
*,^ |
|
Stein Mart Inc. |
|
46,076 |
|
40 |
|
|
* |
|
Lazydays Holdings Inc. |
|
7,816 |
|
39 |
|
|
* |
|
Luby’s Inc. |
|
35,510 |
|
38 |
|
|
* |
|
Town Sports International Holdings Inc. |
|
16,370 |
|
35 |
|
|
* |
|
ONE Group Hospitality Inc. |
|
10,901 |
|
35 |
|
|
*,^ |
|
Global Eagle Entertainment Inc. |
|
53,015 |
|
34 |
|
|
*,^ |
|
Blue Apron Holdings Inc. Class A |
|
4,905 |
|
33 |
|
|
* |
|
EVINE Live Inc. |
|
68,549 |
|
30 |
|
|
|
|
TheStreet Inc. |
|
4,400 |
|
27 |
|
|
* |
|
McClatchy Co. Class A |
|
10,174 |
|
27 |
|
|
* |
|
Diversified Restaurant Holdings Inc. |
|
34,766 |
|
26 |
|
|
*,^ |
|
Remark Holdings Inc. |
|
29,949 |
|
25 |
|
|
* |
|
VistaGen Therapeutics Inc. |
|
34,420 |
|
25 |
|
|
|
|
Salem Media Group Inc. Class A |
|
10,229 |
|
25 |
|
|
* |
|
Empire Resorts Inc. |
|
2,558 |
|
25 |
|
|
|
|
Natural Health Trends Corp. |
|
2,982 |
|
24 |
|
|
* |
|
Good Times Restaurants Inc. |
|
13,056 |
|
23 |
|
|
* |
|
Eastside Distilling Inc. |
|
5,036 |
|
23 |
|
|
* |
|
Francesca’s Holdings Corp. |
|
40,409 |
|
20 |
|
|
* |
|
Destination Maternity Corp. |
|
14,630 |
|
19 |
|
|
* |
|
Harte-Hanks Inc. |
|
8,054 |
|
18 |
|
|
|
|
Value Line Inc. |
|
400 |
|
11 |
|
|
|
|
Canterbury Park Holding Corp. |
|
700 |
|
9 |
|
|
* |
|
Insignia Systems Inc. |
|
7,050 |
|
7 |
|
|
* |
|
Monaker Group Inc. |
|
1,980 |
|
6 |
|
|
* |
|
Interpace Diagnostics Group Inc. |
|
7,860 |
|
6 |
|
|
* |
|
Valeritas Holdings Inc. |
|
2,156 |
|
6 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Beasley Broadcast Group Inc. Class A |
|
1,751 |
|
6 |
|
|
* |
|
Sears Hometown and Outlet Stores Inc. |
|
1,600 |
|
4 |
|
|
* |
|
Urban One Inc. Class A |
|
1,680 |
|
3 |
|
|
* |
|
iPic Entertainment Inc. Class A |
|
400 |
|
1 |
|
|
* |
|
Dolphin Entertainment Inc. |
|
500 |
|
1 |
|
|
* |
|
BioHiTech Global Inc. |
|
100 |
|
— |
|
|
* |
|
Genius Brands International Inc. |
|
115 |
|
— |
|
|
|
|
|
|
|
|
5,435,217 |
|
|
Financials (19.4%) |
|
|
|
|
| ||
|
* |
|
Berkshire Hathaway Inc. Class B |
|
2,546,317 |
|
542,798 |
|
|
|
|
JPMorgan Chase & Co. |
|
4,140,903 |
|
462,953 |
|
|
|
|
Visa Inc. Class A |
|
2,344,338 |
|
406,860 |
|
|
|
|
Bank of America Corp. |
|
11,497,475 |
|
333,427 |
|
|
|
|
Mastercard Inc. Class A |
|
1,222,657 |
|
323,429 |
|
|
|
|
Wells Fargo & Co. |
|
5,430,316 |
|
256,963 |
|
|
|
|
Citigroup Inc. |
|
3,108,030 |
|
217,655 |
|
|
|
|
American Tower Corp. |
|
591,734 |
|
120,980 |
|
|
|
|
American Express Co. |
|
862,034 |
|
106,409 |
|
|
|
|
US Bancorp |
|
1,936,731 |
|
101,485 |
|
|
|
|
CME Group Inc. |
|
479,472 |
|
93,070 |
|
|
|
|
Goldman Sachs Group Inc. |
|
450,223 |
|
92,116 |
|
|
|
|
Chubb Ltd. |
|
553,607 |
|
81,541 |
|
|
|
|
PNC Financial Services Group Inc. |
|
551,214 |
|
75,671 |
|
|
|
|
S&P Global Inc. |
|
332,048 |
|
75,637 |
|
|
|
|
Morgan Stanley |
|
1,709,989 |
|
74,915 |
|
|
|
|
Crown Castle International Corp. |
|
554,449 |
|
72,272 |
|
|
|
|
BlackRock Inc. |
|
148,018 |
|
69,465 |
|
|
|
|
Prologis Inc. |
|
843,609 |
|
67,573 |
|
|
|
|
Marsh & McLennan Cos. Inc. |
|
674,830 |
|
67,314 |
|
|
|
|
Simon Property Group Inc. |
|
412,915 |
|
65,967 |
|
|
|
|
Charles Schwab Corp. |
|
1,629,665 |
|
65,496 |
|
|
|
|
Intercontinental Exchange Inc. |
|
761,768 |
|
65,466 |
|
|
|
|
Progressive Corp. |
|
782,079 |
|
62,512 |
|
|
|
|
American International Group Inc. |
|
1,165,936 |
|
62,121 |
|
|
|
|
Aon plc |
|
321,653 |
|
62,073 |
|
|
|
|
Capital One Financial Corp. |
|
627,730 |
|
56,960 |
|
|
|
|
Equinix Inc. |
|
112,589 |
|
56,778 |
|
|
|
|
Prudential Financial Inc. |
|
547,954 |
|
55,343 |
|
|
|
|
Aflac Inc. |
|
1,008,206 |
|
55,260 |
|
|
|
|
Bank of New York Mellon Corp. |
|
1,157,795 |
|
51,117 |
|
|
|
|
BB&T Corp. |
|
1,024,117 |
|
50,315 |
|
|
|
|
Travelers Cos. Inc. |
|
333,289 |
|
49,833 |
|
|
|
|
MetLife Inc. |
|
962,258 |
|
47,795 |
|
|
|
|
Public Storage |
|
197,745 |
|
47,097 |
|
|
|
|
Welltower Inc. |
|
539,782 |
|
44,008 |
|
|
|
|
Allstate Corp. |
|
419,920 |
|
42,702 |
|
|
|
|
Moody’s Corp. |
|
218,483 |
|
42,672 |
|
|
|
|
Equity Residential |
|
496,748 |
|
37,713 |
|
|
|
|
AvalonBay Communities Inc. |
|
185,288 |
|
37,647 |
|
|
|
|
SunTrust Banks Inc. |
|
592,917 |
|
37,265 |
|
|
|
|
Discover Financial Services |
|
440,375 |
|
34,169 |
|
|
* |
|
SBA Communications Corp. Class A |
|
151,674 |
|
34,102 |
|
|
|
|
Ventas Inc. |
|
490,414 |
|
33,520 |
|
|
|
|
T. Rowe Price Group Inc. |
|
301,639 |
|
33,093 |
|
|
|
|
Digital Realty Trust Inc. |
|
276,932 |
|
32,620 |
|
|
* |
|
IHS Markit Ltd. |
|
505,466 |
|
32,208 |
|
|
|
|
Synchrony Financial |
|
893,296 |
|
30,971 |
|
|
|
|
M&T Bank Corp. |
|
176,826 |
|
30,073 |
|
|
|
|
Realty Income Corp. |
|
416,570 |
|
28,731 |
|
|
|
|
Fifth Third Bancorp |
|
1,020,835 |
|
28,481 |
|
|
|
|
State Street Corp. |
|
482,233 |
|
27,034 |
|
|
|
|
Boston Properties Inc. |
|
207,763 |
|
26,801 |
|
|
|
|
Hartford Financial Services Group Inc. |
|
479,820 |
|
26,736 |
|
|
|
|
Ameriprise Financial Inc. |
|
182,846 |
|
26,542 |
|
|
|
|
Weyerhaeuser Co. |
|
1,000,252 |
|
26,347 |
|
|
|
|
Essex Property Trust Inc. |
|
88,355 |
|
25,793 |
|
|
|
|
MSCI Inc. Class A |
|
107,174 |
|
25,592 |
|
|
|
|
Northern Trust Corp. |
|
282,940 |
|
25,465 |
|
|
|
|
KeyCorp |
|
1,370,930 |
|
24,334 |
|
|
* |
|
CBRE Group Inc. Class A |
|
434,365 |
|
22,283 |
|
|
|
|
Citizens Financial Group Inc. |
|
619,580 |
|
21,908 |
|
|
|
|
Equifax Inc. |
|
161,809 |
|
21,883 |
|
|
|
|
First Republic Bank |
|
223,452 |
|
21,820 |
|
|
|
|
Arthur J Gallagher & Co. |
|
246,923 |
|
21,628 |
|
|
|
|
Principal Financial Group Inc. |
|
372,576 |
|
21,580 |
|
|
|
|
Cincinnati Financial Corp. |
|
207,320 |
|
21,493 |
|
|
|
|
Alexandria Real Estate Equities Inc. |
|
151,340 |
|
21,353 |
|
|
|
|
HCP Inc. |
|
640,295 |
|
20,477 |
|
|
|
|
Regions Financial Corp. |
|
1,361,135 |
|
20,335 |
|
|
|
|
Huntington Bancshares Inc. |
|
1,411,056 |
|
19,501 |
|
|
|
|
Loews Corp. |
|
356,175 |
|
19,472 |
|
|
* |
|
Markel Corp. |
|
17,708 |
|
19,295 |
|
|
* |
|
Arch Capital Group Ltd. |
|
512,531 |
|
19,005 |
|
|
|
|
TD Ameritrade Holding Corp. |
|
377,712 |
|
18,855 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Host Hotels & Resorts Inc. |
|
993,898 |
|
18,109 |
|
|
|
|
WP Carey Inc. |
|
222,792 |
|
18,086 |
|
|
|
|
Mid-America Apartment Communities Inc. |
|
152,729 |
|
17,985 |
|
|
|
|
Lincoln National Corp. |
|
275,186 |
|
17,736 |
|
|
|
|
Extra Space Storage Inc. |
|
162,560 |
|
17,248 |
|
|
|
|
Annaly Capital Management Inc. |
|
1,888,493 |
|
17,242 |
|
|
|
|
KKR & Co. Inc. Class A |
|
680,956 |
|
17,208 |
|
|
|
|
Ally Financial Inc. |
|
539,341 |
|
16,714 |
|
|
|
|
UDR Inc. |
|
370,134 |
|
16,615 |
|
|
|
|
MarketAxess Holdings Inc. |
|
50,609 |
|
16,267 |
|
|
* |
|
SVB Financial Group |
|
70,333 |
|
15,796 |
|
|
|
|
Cboe Global Markets Inc. |
|
150,923 |
|
15,640 |
|
|
|
|
Comerica Inc. |
|
212,985 |
|
15,471 |
|
|
|
|
Duke Realty Corp. |
|
482,540 |
|
15,253 |
|
|
|
|
Invitation Homes Inc. |
|
563,603 |
|
15,065 |
|
|
|
|
Nasdaq Inc. |
|
154,216 |
|
14,831 |
|
|
|
|
E*TRADE Financial Corp. |
|
329,901 |
|
14,714 |
|
|
|
|
Vornado Realty Trust |
|
229,313 |
|
14,699 |
|
|
|
|
Raymond James Financial Inc. |
|
170,602 |
|
14,424 |
|
|
|
|
Regency Centers Corp. |
|
215,634 |
|
14,391 |
|
|
* |
|
Berkshire Hathaway Inc. Class A |
|
45 |
|
14,326 |
|
|
|
|
Sun Communities Inc. |
|
110,414 |
|
14,154 |
|
|
|
|
Fidelity National Financial Inc. |
|
349,960 |
|
14,103 |
|
|
|
|
Camden Property Trust |
|
129,589 |
|
13,528 |
|
|
|
|
Everest Re Group Ltd. |
|
54,367 |
|
13,438 |
|
|
|
|
Equity LifeStyle Properties Inc. |
|
108,866 |
|
13,210 |
|
|
|
|
Reinsurance Group of America Inc. Class A |
|
84,556 |
|
13,193 |
|
|
|
|
Franklin Resources Inc. |
|
374,724 |
|
13,040 |
|
|
|
|
Federal Realty Investment Trust |
|
99,312 |
|
12,787 |
|
|
* |
|
Alleghany Corp. |
|
18,331 |
|
12,485 |
|
|
|
|
WR Berkley Corp. |
|
184,371 |
|
12,156 |
|
|
|
|
AGNC Investment Corp. |
|
714,751 |
|
12,022 |
|
|
|
|
Torchmark Corp. |
|
134,329 |
|
12,017 |
|
|
|
|
Iron Mountain Inc. |
|
383,747 |
|
12,011 |
|
|
|
|
VICI Properties Inc. |
|
539,090 |
|
11,882 |
|
|
|
|
VEREIT Inc. |
|
1,298,409 |
|
11,699 |
|
|
|
|
Zions Bancorp NA |
|
253,339 |
|
11,649 |
|
|
|
|
National Retail Properties Inc. |
|
218,428 |
|
11,579 |
|
|
|
|
Western Union Co. |
|
579,130 |
|
11,519 |
|
|
|
|
Invesco Ltd. |
|
549,436 |
|
11,241 |
|
|
|
|
Voya Financial Inc. |
|
202,868 |
|
11,219 |
|
|
|
|
Brown & Brown Inc. |
|
319,732 |
|
10,711 |
|
|
|
|
Gaming and Leisure Properties Inc. |
|
272,861 |
|
10,636 |
|
|
|
|
Omega Healthcare Investors Inc. |
|
286,850 |
|
10,542 |
|
|
|
|
SEI Investments Co. |
|
184,840 |
|
10,370 |
|
|
|
|
Kilroy Realty Corp. |
|
135,975 |
|
10,036 |
|
|
|
|
RenaissanceRe Holdings Ltd. |
|
56,186 |
|
10,002 |
|
|
|
|
Liberty Property Trust |
|
199,446 |
|
9,980 |
|
|
|
|
Kimco Realty Corp. |
|
534,332 |
|
9,874 |
|
|
|
|
Apartment Investment & Management Co. |
|
188,979 |
|
9,472 |
|
|
|
|
Lamar Advertising Co. Class A |
|
113,801 |
|
9,185 |
|
|
* |
|
Athene Holding Ltd. Class A |
|
211,228 |
|
9,095 |
|
|
|
|
East West Bancorp Inc. |
|
193,256 |
|
9,039 |
|
|
|
|
SL Green Realty Corp. |
|
112,200 |
|
9,018 |
|
|
|
|
People’s United Financial Inc. |
|
532,337 |
|
8,933 |
|
|
|
|
STORE Capital Corp. |
|
268,596 |
|
8,915 |
|
|
|
|
American Financial Group Inc. |
|
86,829 |
|
8,897 |
|
|
|
|
CyrusOne Inc. |
|
153,387 |
|
8,853 |
|
|
|
|
LPL Financial Holdings Inc. |
|
108,264 |
|
8,831 |
|
|
|
|
Assurant Inc. |
|
82,380 |
|
8,764 |
|
|
|
|
Unum Group |
|
259,330 |
|
8,701 |
|
|
|
|
Erie Indemnity Co. Class A |
|
34,173 |
|
8,690 |
|
|
|
|
Medical Properties Trust Inc. |
|
497,315 |
|
8,673 |
|
|
|
|
Douglas Emmett Inc. |
|
217,321 |
|
8,658 |
|
|
|
|
Jones Lang LaSalle Inc. |
|
61,346 |
|
8,631 |
|
|
|
|
Old Republic International Corp. |
|
385,000 |
|
8,616 |
|
|
|
|
American Campus Communities Inc. |
|
185,367 |
|
8,557 |
|
|
|
|
Americold Realty Trust |
|
263,609 |
|
8,546 |
|
|
|
|
New Residential Investment Corp. |
|
550,210 |
|
8,468 |
|
|
|
|
CubeSmart |
|
251,481 |
|
8,410 |
|
|
|
|
AXA Equitable Holdings Inc. |
|
395,983 |
|
8,276 |
|
|
|
|
American Homes 4 Rent Class A |
|
338,406 |
|
8,227 |
|
|
|
|
Signature Bank |
|
67,903 |
|
8,205 |
|
|
|
|
Starwood Property Trust Inc. |
|
351,426 |
|
7,984 |
|
|
* |
|
GCI Liberty Inc. Class A |
|
129,569 |
|
7,963 |
|
|
|
|
Commerce Bancshares Inc. |
|
133,471 |
|
7,963 |
|
|
* |
|
Credit Acceptance Corp. |
|
16,376 |
|
7,923 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
First American Financial Corp. |
|
141,946 |
|
7,622 |
|
|
|
|
Healthcare Trust of America Inc. Class A |
|
276,306 |
|
7,579 |
|
|
|
|
Park Hotels & Resorts Inc. |
|
268,698 |
|
7,405 |
|
|
|
|
EPR Properties |
|
99,216 |
|
7,401 |
|
|
|
|
Hanover Insurance Group Inc. |
|
57,032 |
|
7,317 |
|
|
|
|
Popular Inc. |
|
133,410 |
|
7,236 |
|
|
|
|
Cousins Properties Inc. |
|
199,082 |
|
7,201 |
|
|
|
|
Brixmor Property Group Inc. |
|
398,068 |
|
7,117 |
|
|
|
|
CIT Group Inc. |
|
135,193 |
|
7,103 |
|
|
|
|
Cullen/Frost Bankers Inc. |
|
75,002 |
|
7,025 |
|
|
|
|
Hudson Pacific Properties Inc. |
|
207,922 |
|
6,918 |
|
|
|
|
Primerica Inc. |
|
57,151 |
|
6,855 |
|
|
|
|
Synovus Financial Corp. |
|
195,134 |
|
6,830 |
|
|
* |
|
Howard Hughes Corp. |
|
54,850 |
|
6,793 |
|
|
*,^ |
|
Zillow Group Inc. |
|
145,670 |
|
6,758 |
|
|
|
|
Radian Group Inc. |
|
287,119 |
|
6,561 |
|
|
|
|
Affiliated Managers Group Inc. |
|
70,672 |
|
6,512 |
|
|
* |
|
MGIC Investment Corp. |
|
485,272 |
|
6,376 |
|
|
|
|
Eaton Vance Corp. |
|
147,017 |
|
6,341 |
|
|
|
|
Axis Capital Holdings Ltd. |
|
106,080 |
|
6,328 |
|
|
|
|
First Horizon National Corp. |
|
423,094 |
|
6,317 |
|
|
|
|
PacWest Bancorp |
|
162,395 |
|
6,306 |
|
|
|
|
Macerich Co. |
|
188,202 |
|
6,303 |
|
|
|
|
JBG SMITH Properties |
|
159,739 |
|
6,284 |
|
|
|
|
Sterling Bancorp |
|
292,106 |
|
6,216 |
|
|
|
|
First Industrial Realty Trust Inc. |
|
168,686 |
|
6,198 |
|
|
|
|
Kemper Corp. |
|
70,972 |
|
6,124 |
|
|
|
|
Blackstone Mortgage Trust Inc. Class A |
|
169,789 |
|
6,041 |
|
|
|
|
New York Community Bancorp Inc. |
|
603,169 |
|
6,020 |
|
|
|
|
Selective Insurance Group Inc. |
|
79,959 |
|
5,988 |
|
|
|
|
Webster Financial Corp. |
|
124,678 |
|
5,956 |
|
|
|
|
Lazard Ltd. Class A |
|
173,083 |
|
5,952 |
|
|
|
|
Prosperity Bancshares Inc. |
|
89,806 |
|
5,932 |
|
|
* |
|
Essent Group Ltd. |
|
125,833 |
|
5,913 |
|
|
|
|
Life Storage Inc. |
|
62,131 |
|
5,907 |
|
|
|
|
Jefferies Financial Group Inc. |
|
304,381 |
|
5,853 |
|
|
|
|
Rexford Industrial Realty Inc. |
|
144,565 |
|
5,836 |
|
|
|
|
Highwoods Properties Inc. |
|
139,803 |
|
5,774 |
|
|
* |
|
Brighthouse Financial Inc. |
|
157,047 |
|
5,762 |
|
|
|
|
SLM Corp. |
|
587,166 |
|
5,707 |
|
|
|
|
CoreSite Realty Corp. |
|
49,279 |
|
5,675 |
|
|
|
|
Assured Guaranty Ltd. |
|
134,740 |
|
5,670 |
|
|
|
|
EastGroup Properties Inc. |
|
48,722 |
|
5,651 |
|
|
|
|
Pinnacle Financial Partners Inc. |
|
97,826 |
|
5,623 |
|
|
|
|
Wintrust Financial Corp. |
|
76,669 |
|
5,609 |
|
|
* |
|
Western Alliance Bancorp |
|
125,054 |
|
5,592 |
|
|
|
|
FirstCash Inc. |
|
55,588 |
|
5,560 |
|
|
|
|
IBERIABANK Corp. |
|
73,084 |
|
5,543 |
|
|
^ |
|
First Financial Bankshares Inc. |
|
174,396 |
|
5,370 |
|
|
|
|
Healthcare Realty Trust Inc. |
|
171,303 |
|
5,365 |
|
|
|
|
Rayonier Inc. |
|
176,566 |
|
5,350 |
|
|
|
|
Stifel Financial Corp. |
|
90,506 |
|
5,345 |
|
|
|
|
Hospitality Properties Trust |
|
212,201 |
|
5,305 |
|
|
|
|
Spirit Realty Capital Inc. |
|
124,034 |
|
5,291 |
|
|
|
|
United Bankshares Inc. |
|
140,846 |
|
5,224 |
|
|
|
|
Interactive Brokers Group Inc. |
|
95,595 |
|
5,181 |
|
|
|
|
FNB Corp. |
|
439,013 |
|
5,167 |
|
|
|
|
Equity Commonwealth |
|
155,544 |
|
5,058 |
|
|
|
|
STAG Industrial Inc. |
|
167,080 |
|
5,052 |
|
|
|
|
Ryman Hospitality Properties Inc. |
|
61,676 |
|
5,001 |
|
|
|
|
Bank OZK |
|
164,161 |
|
4,940 |
|
|
|
|
Pebblebrook Hotel Trust |
|
174,261 |
|
4,911 |
|
|
|
|
Janus Henderson Group plc |
|
227,722 |
|
4,873 |
|
|
|
|
Umpqua Holdings Corp. |
|
292,950 |
|
4,860 |
|
|
|
|
Outfront Media Inc. |
|
187,909 |
|
4,846 |
|
|
|
|
RLI Corp. |
|
56,501 |
|
4,843 |
|
|
|
|
Chimera Investment Corp. |
|
253,316 |
|
4,780 |
|
|
|
|
Sabra Health Care REIT Inc. |
|
240,886 |
|
4,743 |
|
|
|
|
Terreno Realty Corp. |
|
96,513 |
|
4,733 |
|
|
|
|
Bank of Hawaii Corp. |
|
56,805 |
|
4,710 |
|
|
|
|
Hancock Whitney Corp. |
|
117,026 |
|
4,688 |
|
|
|
|
Community Bank System Inc. |
|
71,188 |
|
4,687 |
|
|
|
|
First Hawaiian Inc. |
|
180,475 |
|
4,669 |
|
|
|
|
Valley National Bancorp |
|
430,889 |
|
4,645 |
|
|
|
|
Associated Banc-Corp |
|
217,884 |
|
4,606 |
|
|
|
|
Glacier Bancorp Inc. |
|
113,422 |
|
4,599 |
|
|
|
|
Apple Hospitality REIT Inc. |
|
289,919 |
|
4,598 |
|
|
|
|
Two Harbors Investment Corp. |
|
359,219 |
|
4,551 |
|
|
|
|
Navient Corp. |
|
333,073 |
|
4,546 |
|
|
|
|
MFA Financial Inc. |
|
619,569 |
|
4,449 |
|
|
|
|
BankUnited Inc. |
|
131,418 |
|
4,434 |
|
|
|
|
Weingarten Realty Investors |
|
161,671 |
|
4,433 |
|
|
|
|
PS Business Parks Inc. |
|
26,097 |
|
4,398 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Legg Mason Inc. |
|
114,778 |
|
4,394 |
|
|
* |
|
LendingTree Inc. |
|
10,401 |
|
4,369 |
|
|
|
|
TCF Financial Corp. |
|
205,228 |
|
4,267 |
|
|
|
|
National Health Investors Inc. |
|
54,251 |
|
4,233 |
|
|
|
|
White Mountains Insurance Group Ltd. |
|
4,115 |
|
4,203 |
|
|
|
|
Physicians Realty Trust |
|
240,717 |
|
4,198 |
|
|
|
|
Sunstone Hotel Investors Inc. |
|
304,952 |
|
4,181 |
|
|
* |
|
Texas Capital Bancshares Inc. |
|
67,755 |
|
4,158 |
|
|
|
|
RLJ Lodging Trust |
|
234,147 |
|
4,154 |
|
|
|
|
Federated Investors Inc. Class B |
|
127,674 |
|
4,149 |
|
|
|
|
Evercore Inc. Class A |
|
46,514 |
|
4,120 |
|
|
|
|
UMB Financial Corp. |
|
62,346 |
|
4,104 |
|
|
|
|
Home BancShares Inc. |
|
211,714 |
|
4,078 |
|
|
|
|
Paramount Group Inc. |
|
287,503 |
|
4,028 |
|
|
|
|
Cathay General Bancorp |
|
110,371 |
|
3,963 |
|
|
|
|
CVB Financial Corp. |
|
185,800 |
|
3,907 |
|
|
|
|
Corporate Office Properties Trust |
|
148,067 |
|
3,905 |
|
|
|
|
Chemical Financial Corp. |
|
94,513 |
|
3,885 |
|
|
|
|
Old National Bancorp |
|
231,613 |
|
3,842 |
|
|
|
|
Fulton Financial Corp. |
|
234,273 |
|
3,835 |
|
|
|
|
Agree Realty Corp. |
|
59,660 |
|
3,821 |
|
|
|
|
CenterState Bank Corp. |
|
165,636 |
|
3,815 |
|
|
|
|
Washington Federal Inc. |
|
108,552 |
|
3,792 |
|
|
|
|
CareTrust REIT Inc. |
|
156,818 |
|
3,729 |
|
|
|
|
BancorpSouth Bank |
|
128,339 |
|
3,727 |
|
|
|
|
Apollo Commercial Real Estate Finance Inc. |
|
202,086 |
|
3,716 |
|
|
|
|
CNO Financial Group Inc. |
|
220,048 |
|
3,670 |
|
|
|
|
Atlantic Union Bankshares Corp. |
|
103,099 |
|
3,642 |
|
|
* |
|
Zillow Group Inc. Class A |
|
77,916 |
|
3,565 |
|
|
|
|
Columbia Banking System Inc. |
|
98,261 |
|
3,555 |
|
|
|
|
South State Corp. |
|
48,221 |
|
3,552 |
|
|
|
|
Cadence BanCorp Class A |
|
168,821 |
|
3,511 |
|
|
|
|
OneMain Holdings Inc. |
|
101,711 |
|
3,439 |
|
|
|
|
Piedmont Office Realty Trust Inc. Class A |
|
172,398 |
|
3,436 |
|
|
|
|
Investors Bancorp Inc. |
|
307,788 |
|
3,432 |
|
|
|
|
Retail Properties of America Inc. |
|
290,977 |
|
3,422 |
|
|
|
|
Kennedy-Wilson Holdings Inc. |
|
166,282 |
|
3,420 |
|
|
|
|
Empire State Realty Trust Inc. |
|
230,654 |
|
3,416 |
|
|
|
|
Santander Consumer USA Holdings Inc. |
|
142,569 |
|
3,416 |
|
|
|
|
QTS Realty Trust Inc. Class A |
|
73,416 |
|
3,390 |
|
|
|
|
Independent Bank Corp. |
|
44,328 |
|
3,376 |
|
|
|
|
CoreCivic Inc. |
|
162,339 |
|
3,370 |
|
|
|
|
Brandywine Realty Trust |
|
233,008 |
|
3,337 |
|
|
|
|
GEO Group Inc. |
|
158,794 |
|
3,336 |
|
|
|
|
First Citizens BancShares Inc. Class A |
|
7,264 |
|
3,271 |
|
|
|
|
Taubman Centers Inc. |
|
78,691 |
|
3,213 |
|
|
|
|
Argo Group International Holdings Ltd. |
|
43,351 |
|
3,210 |
|
|
|
|
Xenia Hotels & Resorts Inc. |
|
153,326 |
|
3,197 |
|
|
|
|
Columbia Property Trust Inc. |
|
153,460 |
|
3,183 |
|
|
|
|
PotlatchDeltic Corp. |
|
81,580 |
|
3,180 |
|
|
|
|
International Bancshares Corp. |
|
84,204 |
|
3,175 |
|
|
|
|
American Equity Investment Life Holding Co. |
|
116,704 |
|
3,170 |
|
|
|
|
First BanCorp |
|
286,915 |
|
3,168 |
|
|
* |
|
Green Dot Corp. Class A |
|
64,619 |
|
3,160 |
|
|
|
|
Colony Capital Inc. |
|
631,819 |
|
3,159 |
|
|
|
|
American Assets Trust Inc. |
|
65,577 |
|
3,090 |
|
|
|
|
United Community Banks Inc. |
|
105,394 |
|
3,010 |
|
|
|
|
Acadia Realty Trust |
|
109,125 |
|
2,987 |
|
|
|
|
Brookfield Property REIT Inc. Class A |
|
157,812 |
|
2,981 |
|
|
|
|
First Financial Bancorp |
|
121,830 |
|
2,951 |
|
|
|
|
BOK Financial Corp. |
|
38,737 |
|
2,924 |
|
|
|
|
First Midwest Bancorp Inc. |
|
142,119 |
|
2,909 |
|
|
|
|
WSFS Financial Corp. |
|
70,328 |
|
2,905 |
|
|
|
|
DiamondRock Hospitality Co. |
|
278,704 |
|
2,882 |
|
|
|
|
Lexington Realty Trust |
|
299,176 |
|
2,815 |
|
|
|
|
Renasant Corp. |
|
78,223 |
|
2,811 |
|
|
|
|
WesBanco Inc. |
|
72,722 |
|
2,803 |
|
|
|
|
Washington REIT |
|
104,722 |
|
2,799 |
|
|
|
|
Great Western Bancorp Inc. |
|
78,360 |
|
2,799 |
|
|
|
|
Invesco Mortgage Capital Inc. |
|
168,519 |
|
2,717 |
|
|
|
|
Simmons First National Corp. Class A |
|
116,213 |
|
2,703 |
|
|
|
|
Retail Opportunity Investments Corp. |
|
153,885 |
|
2,636 |
|
|
|
|
ProAssurance Corp. |
|
72,491 |
|
2,618 |
|
|
|
|
Mack-Cali Realty Corp. |
|
112,383 |
|
2,617 |
|
|
|
|
LegacyTexas Financial Group Inc. |
|
64,252 |
|
2,616 |
|
|
|
|
Senior Housing Properties Trust |
|
314,475 |
|
2,601 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
First Merchants Corp. |
|
68,150 |
|
2,583 |
|
|
|
|
Trustmark Corp. |
|
77,127 |
|
2,564 |
|
|
|
|
Towne Bank |
|
93,180 |
|
2,542 |
|
|
|
|
Pacific Premier Bancorp Inc. |
|
82,147 |
|
2,537 |
|
|
|
|
Banner Corp. |
|
46,232 |
|
2,503 |
|
|
* |
|
Cannae Holdings Inc. |
|
86,262 |
|
2,500 |
|
|
* |
|
Genworth Financial Inc. Class A |
|
670,277 |
|
2,487 |
|
|
|
|
Four Corners Property Trust Inc. |
|
90,710 |
|
2,479 |
|
|
|
|
Urban Edge Properties |
|
142,525 |
|
2,470 |
|
|
|
|
Capitol Federal Financial Inc. |
|
177,411 |
|
2,443 |
|
|
|
|
LTC Properties Inc. |
|
53,495 |
|
2,443 |
|
|
|
|
Kinsale Capital Group Inc. |
|
26,440 |
|
2,419 |
|
|
* |
|
NMI Holdings Inc. Class A |
|
85,123 |
|
2,417 |
|
|
|
|
Independent Bank Group Inc. |
|
43,673 |
|
2,400 |
|
|
|
|
SITE Centers Corp. |
|
180,989 |
|
2,396 |
|
|
* |
|
Enstar Group Ltd. |
|
13,637 |
|
2,377 |
|
|
|
|
Northwest Bancshares Inc. |
|
134,558 |
|
2,370 |
|
|
|
|
Hope Bancorp Inc. |
|
171,228 |
|
2,360 |
|
|
|
|
Mercury General Corp. |
|
37,652 |
|
2,353 |
|
|
* |
|
Cushman & Wakefield plc |
|
130,174 |
|
2,328 |
|
|
|
|
Eagle Bancorp Inc. |
|
42,982 |
|
2,327 |
|
|
|
|
Ameris Bancorp |
|
58,673 |
|
2,299 |
|
|
|
|
Chesapeake Lodging Trust |
|
80,029 |
|
2,274 |
|
|
|
|
Hannon Armstrong Sustainable Infrastructure Capital Inc. |
|
80,472 |
|
2,268 |
|
|
|
|
NBT Bancorp Inc. |
|
59,767 |
|
2,242 |
|
|
* |
|
eHealth Inc. |
|
26,012 |
|
2,240 |
|
|
|
|
Virtu Financial Inc. Class A |
|
101,761 |
|
2,216 |
|
|
|
|
HFF Inc. Class A |
|
48,688 |
|
2,214 |
|
|
|
|
Uniti Group Inc. |
|
232,271 |
|
2,207 |
|
|
|
|
Horace Mann Educators Corp. |
|
54,531 |
|
2,197 |
|
|
|
|
First Interstate BancSystem Inc. Class A |
|
55,429 |
|
2,196 |
|
|
|
|
Westamerica Bancorporation |
|
35,043 |
|
2,159 |
|
|
|
|
National Storage Affiliates Trust |
|
74,395 |
|
2,153 |
|
|
|
|
Essential Properties Realty Trust Inc. |
|
106,166 |
|
2,128 |
|
|
|
|
PennyMac Mortgage Investment Trust |
|
97,284 |
|
2,124 |
|
|
|
|
Moelis & Co. Class A |
|
60,477 |
|
2,114 |
|
|
|
|
Redwood Trust Inc. |
|
126,834 |
|
2,097 |
|
|
|
|
Alexander & Baldwin Inc. |
|
90,614 |
|
2,093 |
|
|
|
|
Hilltop Holdings Inc. |
|
97,932 |
|
2,083 |
|
|
|
|
Walker & Dunlop Inc. |
|
39,017 |
|
2,076 |
|
|
|
|
ServisFirst Bancshares Inc. |
|
60,002 |
|
2,056 |
|
|
|
|
Ladder Capital Corp. Class A |
|
122,389 |
|
2,033 |
|
|
|
|
BGC Partners Inc. Class A |
|
386,928 |
|
2,024 |
|
|
|
|
Tanger Factory Outlet Centers Inc. |
|
123,191 |
|
1,997 |
|
|
|
|
Houlihan Lokey Inc. Class A |
|
44,810 |
|
1,995 |
|
|
|
|
First Busey Corp. |
|
75,292 |
|
1,988 |
|
|
|
|
Global Net Lease Inc. |
|
98,913 |
|
1,941 |
|
|
|
|
Provident Financial Services Inc. |
|
79,617 |
|
1,931 |
|
|
|
|
National General Holdings Corp. |
|
83,971 |
|
1,926 |
|
|
* |
|
Axos Financial Inc. |
|
70,667 |
|
1,926 |
|
|
|
|
Heartland Financial USA Inc. |
|
43,034 |
|
1,925 |
|
|
|
|
Safety Insurance Group Inc. |
|
20,022 |
|
1,905 |
|
|
|
|
First Commonwealth Financial Corp. |
|
140,789 |
|
1,896 |
|
|
^ |
|
Seritage Growth Properties Class A |
|
43,947 |
|
1,888 |
|
|
|
|
Artisan Partners Asset Management Inc. Class A |
|
68,354 |
|
1,881 |
|
|
|
|
Berkshire Hills Bancorp Inc. |
|
58,261 |
|
1,829 |
|
|
|
|
Employers Holdings Inc. |
|
42,854 |
|
1,811 |
|
|
* |
|
LendingClub Corp. |
|
548,532 |
|
1,799 |
|
|
|
|
OceanFirst Financial Corp. |
|
72,252 |
|
1,795 |
|
|
|
|
Industrial Logistics Properties Trust |
|
85,605 |
|
1,782 |
|
|
|
|
Community Healthcare Trust Inc. |
|
45,037 |
|
1,775 |
|
|
|
|
Colony Credit Real Estate Inc. |
|
113,231 |
|
1,755 |
|
|
|
|
James River Group Holdings Ltd. |
|
37,332 |
|
1,751 |
|
|
|
|
Park National Corp. |
|
17,613 |
|
1,751 |
|
|
|
|
Office Properties Income Trust |
|
66,188 |
|
1,739 |
|
|
|
|
Ares Management Corp. |
|
66,420 |
|
1,738 |
|
|
|
|
New York Mortgage Trust Inc. |
|
278,008 |
|
1,724 |
|
|
* |
|
PRA Group Inc. |
|
61,218 |
|
1,723 |
|
|
|
|
NexPoint Residential Trust Inc. |
|
41,470 |
|
1,717 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
PennyMac Financial Services Inc. |
|
77,405 |
|
1,717 |
|
|
|
|
Kite Realty Group Trust |
|
112,088 |
|
1,696 |
|
|
|
|
Sandy Spring Bancorp Inc. |
|
48,429 |
|
1,689 |
|
|
|
|
S&T Bancorp Inc. |
|
44,726 |
|
1,676 |
|
|
* |
|
World Acceptance Corp. |
|
10,123 |
|
1,661 |
|
|
|
|
Waddell & Reed Financial Inc. Class A |
|
99,654 |
|
1,661 |
|
|
|
|
AMERISAFE Inc. |
|
26,049 |
|
1,661 |
|
|
|
|
Newmark Group Inc. Class A |
|
184,202 |
|
1,654 |
|
|
* |
|
Redfin Corp. |
|
91,621 |
|
1,647 |
|
|
|
|
Monmouth Real Estate Investment Corp. |
|
121,019 |
|
1,640 |
|
|
|
|
FGL Holdings |
|
194,640 |
|
1,635 |
|
|
|
|
OFG Bancorp |
|
67,796 |
|
1,612 |
|
|
* |
|
Seacoast Banking Corp. of Florida |
|
63,106 |
|
1,605 |
|
|
|
|
CatchMark Timber Trust Inc. Class A |
|
153,175 |
|
1,601 |
|
|
|
|
American Finance Trust Inc. |
|
144,897 |
|
1,579 |
|
|
^ |
|
Innovative Industrial Properties Inc. |
|
12,765 |
|
1,577 |
|
|
|
|
Getty Realty Corp. |
|
50,690 |
|
1,559 |
|
|
|
|
Summit Hotel Properties Inc. |
|
135,655 |
|
1,556 |
|
|
|
|
Kearny Financial Corp. |
|
117,010 |
|
1,555 |
|
|
|
|
City Holding Co. |
|
20,341 |
|
1,551 |
|
|
|
|
TFS Financial Corp. |
|
84,967 |
|
1,535 |
|
|
|
|
Heritage Financial Corp. |
|
51,960 |
|
1,535 |
|
|
|
|
Tompkins Financial Corp. |
|
18,553 |
|
1,514 |
|
|
|
|
Easterly Government Properties Inc. |
|
83,542 |
|
1,513 |
|
|
|
|
New Senior Investment Group Inc. |
|
225,107 |
|
1,513 |
|
|
|
|
Lakeland Financial Corp. |
|
32,206 |
|
1,508 |
|
|
|
|
Brookline Bancorp Inc. |
|
97,413 |
|
1,498 |
|
|
|
|
Cohen & Steers Inc. |
|
28,793 |
|
1,481 |
|
|
* |
|
Encore Capital Group Inc. |
|
43,615 |
|
1,477 |
|
|
|
|
Veritex Holdings Inc. |
|
56,597 |
|
1,469 |
|
|
|
|
ARMOUR Residential REIT Inc. |
|
78,625 |
|
1,466 |
|
|
|
|
United Fire Group Inc. |
|
29,823 |
|
1,445 |
|
|
|
|
Hamilton Lane Inc. Class A |
|
25,163 |
|
1,436 |
|
|
|
|
Southside Bancshares Inc. |
|
44,218 |
|
1,432 |
|
|
|
|
Piper Jaffray Cos. |
|
19,157 |
|
1,423 |
|
|
|
|
First Bancorp |
|
38,488 |
|
1,402 |
|
|
|
|
Universal Health Realty Income Trust |
|
16,465 |
|
1,398 |
|
|
|
|
Independence Realty Trust Inc. |
|
120,720 |
|
1,397 |
|
|
|
|
TPG RE Finance Trust Inc. |
|
72,152 |
|
1,392 |
|
|
|
|
BancFirst Corp. |
|
24,509 |
|
1,364 |
|
|
|
|
Meta Financial Group Inc. |
|
48,465 |
|
1,359 |
|
|
|
|
Boston Private Financial Holdings Inc. |
|
111,475 |
|
1,345 |
|
|
|
|
American National Insurance Co. |
|
11,513 |
|
1,341 |
|
|
|
|
TriCo Bancshares |
|
35,369 |
|
1,337 |
|
|
|
|
Clearway Energy Inc. |
|
79,138 |
|
1,334 |
|
|
^ |
|
Arbor Realty Trust Inc. |
|
106,801 |
|
1,294 |
|
|
|
|
Enterprise Financial Services Corp. |
|
31,038 |
|
1,291 |
|
|
|
|
Stewart Information Services Corp. |
|
31,767 |
|
1,286 |
|
|
|
|
Flagstar Bancorp Inc. |
|
37,895 |
|
1,256 |
|
|
|
|
RPT Realty |
|
102,704 |
|
1,244 |
|
|
|
|
National Bank Holdings Corp. Class A |
|
34,150 |
|
1,240 |
|
|
|
|
Granite Point Mortgage Trust Inc. |
|
64,024 |
|
1,229 |
|
|
* |
|
Focus Financial Partners Inc. Class A |
|
43,793 |
|
1,196 |
|
|
|
|
PJT Partners Inc. |
|
29,342 |
|
1,189 |
|
|
|
|
Armada Hoffler Properties Inc. |
|
70,103 |
|
1,160 |
|
|
|
|
Chatham Lodging Trust |
|
61,271 |
|
1,156 |
|
|
^ |
|
Realogy Holdings Corp. |
|
159,518 |
|
1,155 |
|
|
|
|
Clearway Energy Inc. Class A |
|
70,646 |
|
1,143 |
|
|
|
|
Universal Insurance Holdings Inc. |
|
40,949 |
|
1,142 |
|
|
|
|
Meridian Bancorp Inc. |
|
63,491 |
|
1,136 |
|
|
|
|
Central Pacific Financial Corp. |
|
37,700 |
|
1,129 |
|
|
|
|
iStar Inc. |
|
89,438 |
|
1,111 |
|
|
* |
|
WillScot Corp. Class A |
|
73,788 |
|
1,110 |
|
|
|
|
Stock Yards Bancorp Inc. |
|
30,465 |
|
1,101 |
|
|
|
|
Washington Trust Bancorp Inc. |
|
21,093 |
|
1,101 |
|
|
|
|
Global Medical REIT Inc. |
|
104,150 |
|
1,094 |
|
|
* |
|
Third Point Reinsurance Ltd. |
|
104,190 |
|
1,075 |
|
|
|
|
WisdomTree Investments Inc. |
|
173,550 |
|
1,071 |
|
|
|
|
ConnectOne Bancorp Inc. |
|
46,153 |
|
1,046 |
|
|
* |
|
MBIA Inc. |
|
110,420 |
|
1,028 |
|
|
* |
|
HomeStreet Inc. |
|
34,600 |
|
1,026 |
|
|
|
|
Lakeland Bancorp Inc. |
|
63,326 |
|
1,023 |
|
|
|
|
Franklin Street Properties Corp. |
|
138,256 |
|
1,020 |
|
|
|
|
Alexander’s Inc. |
|
2,722 |
|
1,008 |
|
|
|
|
Bryn Mawr Bank Corp. |
|
26,875 |
|
1,003 |
|
|
* |
|
Triumph Bancorp Inc. |
|
34,489 |
|
1,002 |
|
|
* |
|
Enova International Inc. |
|
43,423 |
|
1,001 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Virtus Investment Partners Inc. |
|
9,290 |
|
998 |
|
|
|
|
Carolina Financial Corp. |
|
28,224 |
|
990 |
|
|
* |
|
Ambac Financial Group Inc. |
|
58,493 |
|
986 |
|
|
|
|
Investors Real Estate Trust |
|
16,575 |
|
972 |
|
|
* |
|
Columbia Financial Inc. |
|
64,281 |
|
971 |
|
|
|
|
Univest Financial Corp. |
|
36,950 |
|
970 |
|
|
|
|
Oritani Financial Corp. |
|
54,513 |
|
967 |
|
|
|
|
RMR Group Inc. Class A |
|
20,491 |
|
963 |
|
|
|
|
Great Southern Bancorp Inc. |
|
15,989 |
|
957 |
|
|
|
|
United Financial Bancorp Inc. |
|
67,462 |
|
957 |
|
|
* |
|
Marcus & Millichap Inc. |
|
30,896 |
|
953 |
|
|
|
|
Washington Prime Group Inc. |
|
248,670 |
|
950 |
|
|
|
|
Saul Centers Inc. |
|
16,885 |
|
948 |
|
|
|
|
TrustCo Bank Corp. NY |
|
119,531 |
|
947 |
|
|
|
|
Capstead Mortgage Corp. |
|
110,610 |
|
924 |
|
|
|
|
Nelnet Inc. Class A |
|
15,461 |
|
916 |
|
|
|
|
Camden National Corp. |
|
19,868 |
|
911 |
|
|
|
|
German American Bancorp Inc. |
|
30,175 |
|
909 |
|
|
|
|
Urstadt Biddle Properties Inc. Class A |
|
43,106 |
|
905 |
|
|
|
|
Hanmi Financial Corp. |
|
40,071 |
|
892 |
|
|
|
|
Northfield Bancorp Inc. |
|
56,488 |
|
882 |
|
|
|
|
Fidelity Southern Corp. |
|
28,471 |
|
882 |
|
|
|
|
Horizon Bancorp Inc. |
|
53,501 |
|
874 |
|
|
|
|
FBL Financial Group Inc. Class A |
|
13,698 |
|
874 |
|
|
* |
|
INTL. FCStone Inc. |
|
22,023 |
|
872 |
|
|
* |
|
Allegiance Bancshares Inc. |
|
26,079 |
|
869 |
|
|
|
|
Preferred Bank |
|
18,279 |
|
864 |
|
|
|
|
FB Financial Corp. |
|
23,238 |
|
851 |
|
|
|
|
Gladstone Commercial Corp. |
|
40,077 |
|
850 |
|
|
|
|
Hersha Hospitality Trust Class A |
|
51,224 |
|
847 |
|
|
|
|
Community Trust Bancorp Inc. |
|
19,999 |
|
846 |
|
|
|
|
Preferred Apartment Communities Inc. Class A |
|
56,157 |
|
840 |
|
|
|
|
Federal Agricultural Mortgage Corp. |
|
11,344 |
|
824 |
|
|
|
|
State Auto Financial Corp. |
|
23,328 |
|
816 |
|
|
|
|
Flushing Financial Corp. |
|
36,746 |
|
816 |
|
|
|
|
Dime Community Bancshares Inc. |
|
42,665 |
|
810 |
|
|
* |
|
Customers Bancorp Inc. |
|
38,154 |
|
801 |
|
|
|
|
Banc of California Inc. |
|
57,199 |
|
799 |
|
|
* |
|
St. Joe Co. |
|
45,998 |
|
795 |
|
|
|
|
Origin Bancorp Inc. |
|
23,623 |
|
780 |
|
|
|
|
Front Yard Residential Corp. |
|
63,364 |
|
774 |
|
|
|
|
RE/MAX Holdings Inc. Class A |
|
25,079 |
|
771 |
|
|
|
|
Midland States Bancorp Inc. |
|
28,706 |
|
767 |
|
|
|
|
Peoples Bancorp Inc. |
|
23,390 |
|
755 |
|
|
|
|
National Western Life Group Inc. Class A |
|
2,933 |
|
754 |
|
|
|
|
First Defiance Financial Corp. |
|
26,244 |
|
750 |
|
|
* |
|
Mr Cooper Group Inc. |
|
92,963 |
|
745 |
|
|
|
|
Amalgamated Bank Class A |
|
42,590 |
|
743 |
|
|
|
|
Bank of Marin Bancorp |
|
17,342 |
|
711 |
|
|
* |
|
TriState Capital Holdings Inc. |
|
33,117 |
|
707 |
|
|
|
|
First Community Bankshares Inc. |
|
20,932 |
|
707 |
|
|
|
|
Clipper Realty Inc. |
|
63,047 |
|
705 |
|
|
|
|
Republic Bancorp Inc. Class A |
|
14,155 |
|
704 |
|
|
|
|
Retail Value Inc. |
|
20,185 |
|
702 |
|
|
|
|
Bridge Bancorp Inc. |
|
23,747 |
|
700 |
|
|
|
|
Independent Bank Corp. |
|
32,040 |
|
698 |
|
|
|
|
Mercantile Bank Corp. |
|
21,414 |
|
698 |
|
|
|
|
Arrow Financial Corp. |
|
19,987 |
|
694 |
|
|
|
|
Heritage Commerce Corp. |
|
56,497 |
|
692 |
|
|
* |
|
Nicolet Bankshares Inc. |
|
11,144 |
|
692 |
|
|
^ |
|
CorEnergy Infrastructure Trust Inc. |
|
17,400 |
|
690 |
|
|
|
|
AG Mortgage Investment Trust Inc. |
|
42,472 |
|
675 |
|
|
|
|
Western Asset Mortgage Capital Corp. |
|
67,631 |
|
675 |
|
|
|
|
CBTX Inc. |
|
23,974 |
|
675 |
|
|
|
|
CorePoint Lodging Inc. |
|
54,016 |
|
669 |
|
|
|
|
Whitestone REIT |
|
51,730 |
|
656 |
|
|
|
|
First Foundation Inc. |
|
48,041 |
|
646 |
|
|
|
|
Peapack Gladstone Financial Corp. |
|
22,776 |
|
640 |
|
|
|
|
Ready Capital Corp. |
|
42,662 |
|
636 |
|
|
|
|
1st Source Corp. |
|
13,592 |
|
631 |
|
|
|
|
First of Long Island Corp. |
|
31,289 |
|
628 |
|
|
|
|
QCR Holdings Inc. |
|
17,939 |
|
626 |
|
|
^ |
|
Goosehead Insurance Inc. Class A |
|
12,942 |
|
619 |
|
|
* |
|
Bancorp Inc. |
|
69,142 |
|
617 |
|
|
|
|
United Community Financial Corp. |
|
63,620 |
|
609 |
|
|
|
|
Diamond Hill Investment Group Inc. |
|
4,291 |
|
608 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
KKR Real Estate Finance Trust Inc. |
|
30,388 |
|
605 |
|
|
|
|
Ellington Financial Inc. |
|
33,521 |
|
602 |
|
|
|
|
Plymouth Industrial REIT Inc. |
|
31,801 |
|
602 |
|
|
|
|
Waterstone Financial Inc. |
|
34,796 |
|
594 |
|
|
|
|
One Liberty Properties Inc. |
|
20,480 |
|
593 |
|
|
|
|
People’s Utah Bancorp |
|
20,164 |
|
593 |
|
|
|
|
Opus Bank |
|
27,927 |
|
590 |
|
|
|
|
Financial Institutions Inc. |
|
19,793 |
|
577 |
|
|
|
|
First Financial Corp. |
|
14,300 |
|
574 |
|
|
|
|
HomeTrust Bancshares Inc. |
|
22,842 |
|
574 |
|
|
* |
|
FRP Holdings Inc. |
|
10,155 |
|
566 |
|
|
* |
|
EZCORP Inc. Class A |
|
59,767 |
|
566 |
|
|
|
|
City Office REIT Inc. |
|
46,877 |
|
562 |
|
|
* |
|
Cowen Inc. Class A |
|
32,539 |
|
559 |
|
|
|
|
First Mid Bancshares Inc. |
|
15,926 |
|
556 |
|
|
|
|
Live Oak Bancshares Inc. |
|
32,174 |
|
552 |
|
|
^ |
|
Pennsylvania REIT |
|
82,786 |
|
538 |
|
|
|
|
Bar Harbor Bankshares |
|
19,940 |
|
530 |
|
|
* |
|
Atlantic Capital Bancshares Inc. |
|
30,840 |
|
528 |
|
|
|
|
Jernigan Capital Inc. |
|
25,674 |
|
526 |
|
|
|
|
UMH Properties Inc. |
|
42,323 |
|
525 |
|
|
|
|
Dynex Capital Inc. |
|
31,153 |
|
522 |
|
|
* |
|
Byline Bancorp Inc. |
|
27,276 |
|
522 |
|
|
|
|
First Bancshares Inc. |
|
17,186 |
|
521 |
|
|
|
|
Farmers National Banc Corp. |
|
34,010 |
|
504 |
|
|
|
|
CNB Financial Corp. |
|
17,546 |
|
495 |
|
|
|
|
Anworth Mortgage Asset Corp. |
|
130,375 |
|
494 |
|
|
|
|
Spirit MTA REIT |
|
59,226 |
|
494 |
|
|
|
|
Ares Commercial Real Estate Corp. |
|
32,795 |
|
487 |
|
|
|
|
Old Second Bancorp Inc. |
|
37,528 |
|
479 |
|
|
* |
|
Equity Bancshares Inc. Class A |
|
17,816 |
|
475 |
|
|
*,^ |
|
Health Insurance Innovations Inc. Class A |
|
18,165 |
|
471 |
|
|
|
|
Old Line Bancshares Inc. |
|
17,503 |
|
466 |
|
|
|
|
Heritage Insurance Holdings Inc. |
|
30,176 |
|
465 |
|
|
^ |
|
Safehold Inc. |
|
15,047 |
|
454 |
|
|
|
|
Franklin Financial Network Inc. |
|
16,223 |
|
452 |
|
|
|
|
Exantas Capital Corp. |
|
39,487 |
|
447 |
|
|
|
|
Ladenburg Thalmann Financial Services Inc. |
|
129,636 |
|
445 |
|
|
|
|
Bluerock Residential Growth REIT Inc. Class A |
|
37,632 |
|
442 |
|
|
|
|
American National Bankshares Inc. |
|
11,314 |
|
438 |
|
|
|
|
West Bancorporation Inc. |
|
20,495 |
|
435 |
|
|
|
|
Sierra Bancorp |
|
15,939 |
|
432 |
|
|
|
|
Business First Bancshares Inc. |
|
16,863 |
|
429 |
|
|
^ |
|
Orchid Island Capital Inc. |
|
66,634 |
|
424 |
|
|
|
|
Citizens & Northern Corp. |
|
15,926 |
|
419 |
|
|
|
|
Cambridge Bancorp |
|
5,131 |
|
418 |
|
|
|
|
PCSB Financial Corp. |
|
20,540 |
|
416 |
|
|
* |
|
Och-Ziff Capital Management Group Inc. Class A |
|
18,112 |
|
416 |
|
|
|
|
EMC Insurance Group Inc. |
|
11,490 |
|
414 |
|
|
|
|
RBB Bancorp |
|
21,166 |
|
409 |
|
|
* |
|
Rafael Holdings Inc. Class B |
|
14,091 |
|
405 |
|
|
|
|
HCI Group Inc. |
|
9,953 |
|
403 |
|
|
* |
|
Tejon Ranch Co. |
|
24,213 |
|
402 |
|
|
|
|
Summit Financial Group Inc. |
|
14,949 |
|
401 |
|
|
*,^ |
|
Citizens Inc. Class A |
|
54,796 |
|
400 |
|
|
|
|
Braemar Hotels & Resorts Inc. |
|
40,146 |
|
397 |
|
|
|
|
MidWestOne Financial Group Inc. |
|
14,041 |
|
393 |
|
|
|
|
Southern National Bancorp of Virginia Inc. |
|
25,560 |
|
391 |
|
|
|
|
United Insurance Holdings Corp. |
|
27,288 |
|
389 |
|
|
|
|
Civista Bancshares Inc. |
|
17,153 |
|
385 |
|
|
|
|
Ashford Hospitality Trust Inc. |
|
128,953 |
|
383 |
|
|
|
|
First Bancorp Inc. |
|
14,202 |
|
381 |
|
|
|
|
Westwood Holdings Group Inc. |
|
10,657 |
|
375 |
|
|
|
|
BBX Capital Corp. Class A |
|
76,324 |
|
375 |
|
|
|
|
Home Bancorp Inc. |
|
9,723 |
|
374 |
|
|
* |
|
Bridgewater Bancshares Inc. |
|
32,257 |
|
372 |
|
|
|
|
Hingham Institution for Savings |
|
1,869 |
|
370 |
|
|
|
|
Farmers & Merchants Bancorp Inc. |
|
12,503 |
|
364 |
|
|
|
|
Global Indemnity Ltd. |
|
11,637 |
|
360 |
|
|
|
|
National Bankshares Inc. |
|
9,254 |
|
360 |
|
|
|
|
ACNB Corp. |
|
9,069 |
|
359 |
|
|
* |
|
Safeguard Scientifics Inc. |
|
29,463 |
|
356 |
|
|
* |
|
HarborOne Bancorp Inc. |
|
18,900 |
|
354 |
|
|
|
|
Central Valley Community Bancorp |
|
16,485 |
|
354 |
|
|
* |
|
Spirit of Texas Bancshares Inc. |
|
15,704 |
|
353 |
|
|
* |
|
International Money Express Inc. |
|
24,968 |
|
352 |
|
|
|
|
Northrim BanCorp Inc. |
|
9,849 |
|
351 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Western New England Bancorp Inc. |
|
37,428 |
|
350 |
|
|
|
|
Peoples Financial Services Corp. |
|
7,752 |
|
349 |
|
|
* |
|
Greenlight Capital Re Ltd. Class A |
|
40,839 |
|
347 |
|
|
|
|
Southern Missouri Bancorp Inc. |
|
9,950 |
|
347 |
|
|
|
|
Macatawa Bank Corp. |
|
33,734 |
|
346 |
|
|
|
|
Merchants Bancorp |
|
20,018 |
|
341 |
|
|
|
|
Oppenheimer Holdings Inc. Class A |
|
12,518 |
|
341 |
|
|
|
|
MutualFirst Financial Inc. |
|
9,944 |
|
338 |
|
|
|
|
Century Bancorp Inc. Class A |
|
3,846 |
|
338 |
|
|
* |
|
Regional Management Corp. |
|
12,819 |
|
338 |
|
|
* |
|
Southern First Bancshares Inc. |
|
8,618 |
|
337 |
|
|
|
|
Arlington Asset Investment Corp. Class A |
|
48,657 |
|
335 |
|
|
|
|
Guaranty Bancshares Inc. |
|
10,729 |
|
334 |
|
|
* |
|
SmartFinancial Inc. |
|
15,354 |
|
333 |
|
|
* |
|
Republic First Bancorp Inc. |
|
66,787 |
|
328 |
|
|
|
|
Enterprise Bancorp Inc. |
|
10,169 |
|
322 |
|
|
* |
|
Howard Bancorp Inc. |
|
20,657 |
|
313 |
|
|
|
|
Cherry Hill Mortgage Investment Corp. |
|
19,460 |
|
311 |
|
|
|
|
Territorial Bancorp Inc. |
|
9,930 |
|
307 |
|
|
* |
|
Baycom Corp. |
|
13,851 |
|
303 |
|
|
|
|
Donegal Group Inc. Class A |
|
19,688 |
|
301 |
|
|
* |
|
Ocwen Financial Corp. |
|
143,480 |
|
297 |
|
|
* |
|
Victory Capital Holdings Inc. Class A |
|
17,285 |
|
297 |
|
|
* |
|
On Deck Capital Inc. |
|
71,186 |
|
295 |
|
|
|
|
Investar Holding Corp. |
|
12,212 |
|
291 |
|
|
* |
|
PICO Holdings Inc. |
|
25,025 |
|
291 |
|
|
|
|
Cedar Realty Trust Inc. |
|
109,181 |
|
289 |
|
|
|
|
Gladstone Land Corp. |
|
24,734 |
|
285 |
|
|
|
|
Marlin Business Services Corp. |
|
11,397 |
|
284 |
|
|
|
|
Capital City Bank Group Inc. |
|
11,361 |
|
282 |
|
|
|
|
Investors Title Co. |
|
1,688 |
|
282 |
|
|
|
|
Reliant Bancorp Inc. |
|
11,915 |
|
282 |
|
|
* |
|
Forestar Group Inc. |
|
14,401 |
|
282 |
|
|
|
|
Greenhill & Co. Inc. |
|
20,715 |
|
282 |
|
|
|
|
BankFinancial Corp. |
|
20,115 |
|
281 |
|
|
|
|
First Internet Bancorp |
|
13,037 |
|
281 |
|
|
|
|
First Choice Bancorp |
|
12,189 |
|
277 |
|
|
|
|
First Bank |
|
23,584 |
|
277 |
|
|
|
|
Northeast Bank |
|
10,039 |
|
277 |
|
|
* |
|
Entegra Financial Corp. |
|
9,167 |
|
276 |
|
|
* |
|
Metropolitan Bank Holding Corp. |
|
6,211 |
|
273 |
|
|
|
|
Great Ajax Corp. |
|
19,408 |
|
272 |
|
|
*,^ |
|
eXp World Holdings Inc. |
|
24,314 |
|
271 |
|
|
|
|
Bank of Princeton |
|
8,990 |
|
270 |
|
|
|
|
Consolidated-Tomoka Land Co. |
|
4,473 |
|
267 |
|
|
|
|
First Business Financial Services Inc. |
|
11,287 |
|
265 |
|
|
|
|
Bankwell Financial Group Inc. |
|
9,187 |
|
264 |
|
|
* |
|
Stratus Properties Inc. |
|
8,112 |
|
263 |
|
|
|
|
Capstar Financial Holdings Inc. |
|
17,329 |
|
263 |
|
|
|
|
Bank of Commerce Holdings |
|
24,532 |
|
262 |
|
|
|
|
Riverview Bancorp Inc. |
|
30,689 |
|
262 |
|
|
|
|
Timberland Bancorp Inc. |
|
8,660 |
|
259 |
|
|
|
|
Penns Woods Bancorp Inc. |
|
5,707 |
|
258 |
|
|
|
|
Tiptree Inc. |
|
40,303 |
|
254 |
|
|
|
|
Codorus Valley Bancorp Inc. |
|
11,009 |
|
253 |
|
|
|
|
Farmland Partners Inc. |
|
35,339 |
|
249 |
|
|
|
|
MidSouth Bancorp Inc. |
|
20,913 |
|
248 |
|
|
* |
|
Pacific Mercantile Bancorp |
|
29,796 |
|
246 |
|
|
|
|
Community Bankers Trust Corp. |
|
29,007 |
|
246 |
|
|
|
|
Orrstown Financial Services Inc. |
|
10,869 |
|
239 |
|
|
|
|
Unity Bancorp Inc. |
|
10,304 |
|
234 |
|
|
|
|
Hawthorn Bancshares Inc. |
|
8,703 |
|
233 |
|
|
|
|
Mackinac Financial Corp. |
|
14,717 |
|
233 |
|
|
|
|
Independence Holding Co. |
|
5,995 |
|
232 |
|
|
|
|
MBT Financial Corp. |
|
22,920 |
|
230 |
|
|
|
|
Sterling Bancorp Inc. |
|
23,031 |
|
230 |
|
|
|
|
Pzena Investment Management Inc. Class A |
|
25,932 |
|
223 |
|
|
|
|
United Security Bancshares |
|
19,433 |
|
221 |
|
|
^ |
|
CBL & Associates Properties Inc. |
|
211,272 |
|
220 |
|
|
|
|
LCNB Corp. |
|
11,554 |
|
220 |
|
|
|
|
FS Bancorp Inc. |
|
4,195 |
|
218 |
|
|
|
|
Shore Bancshares Inc. |
|
13,220 |
|
216 |
|
|
|
|
OP Bancorp |
|
19,919 |
|
216 |
|
|
|
|
FedNat Holding Co. |
|
15,015 |
|
214 |
|
|
* |
|
Hallmark Financial Services Inc. |
|
14,938 |
|
213 |
|
|
* |
|
Curo Group Holdings Corp. |
|
19,130 |
|
211 |
|
|
|
|
Protective Insurance Corp. Class B |
|
12,100 |
|
210 |
|
|
|
|
Community Financial Corp. |
|
6,231 |
|
210 |
|
|
|
|
First Northwest Bancorp |
|
12,915 |
|
210 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Parke Bancorp Inc. |
|
8,720 |
|
209 |
|
|
* |
|
Select Bancorp Inc. |
|
17,984 |
|
206 |
|
|
|
|
Evans Bancorp Inc. |
|
5,452 |
|
206 |
|
|
|
|
Chemung Financial Corp. |
|
4,251 |
|
205 |
|
|
|
|
Sotherly Hotels Inc. |
|
29,506 |
|
205 |
|
|
* |
|
NI Holdings Inc. |
|
11,621 |
|
205 |
|
|
|
|
ESSA Bancorp Inc. |
|
13,228 |
|
202 |
|
|
* |
|
Amerant Bancorp Inc. |
|
10,233 |
|
202 |
|
|
|
|
BCB Bancorp Inc. |
|
14,412 |
|
200 |
|
|
^ |
|
Fidelity D&D Bancorp Inc. |
|
2,962 |
|
199 |
|
|
* |
|
FVCBankcorp Inc. |
|
10,148 |
|
197 |
|
|
|
|
Union Bankshares Inc. |
|
5,216 |
|
193 |
|
|
|
|
Norwood Financial Corp. |
|
5,461 |
|
190 |
|
|
^ |
|
FNCB Bancorp Inc. |
|
24,435 |
|
189 |
|
|
|
|
Level One Bancorp Inc. |
|
7,554 |
|
189 |
|
|
|
|
Standard AVB Financial Corp. |
|
6,852 |
|
188 |
|
|
* |
|
Altisource Portfolio Solutions SA |
|
9,550 |
|
188 |
|
|
|
|
MVB Financial Corp. |
|
11,017 |
|
187 |
|
|
|
|
1st Constitution Bancorp |
|
9,995 |
|
185 |
|
|
|
|
Ellington Residential Mortgage REIT |
|
16,763 |
|
180 |
|
|
|
|
Premier Financial Bancorp Inc. |
|
11,994 |
|
180 |
|
|
|
|
First Community Corp. |
|
9,697 |
|
179 |
|
|
|
|
First United Corp. |
|
9,052 |
|
178 |
|
|
|
|
SB One Bancorp |
|
7,973 |
|
178 |
|
|
|
|
First Financial Northwest Inc. |
|
12,350 |
|
175 |
|
|
|
|
C&F Financial Corp. |
|
3,136 |
|
171 |
|
|
|
|
DNB Financial Corp. |
|
3,790 |
|
169 |
|
|
* |
|
Esquire Financial Holdings Inc. |
|
6,673 |
|
168 |
|
|
|
|
BRT Apartments Corp. |
|
11,841 |
|
167 |
|
|
|
|
CB Financial Services Inc. |
|
7,022 |
|
167 |
|
|
|
|
Peoples Bancorp of North Carolina Inc. |
|
5,410 |
|
163 |
|
|
|
|
Provident Financial Holdings Inc. |
|
7,627 |
|
160 |
|
|
|
|
Ohio Valley Banc Corp. |
|
4,058 |
|
157 |
|
|
|
|
Plumas Bancorp |
|
6,211 |
|
151 |
|
|
|
|
Luther Burbank Corp. |
|
13,508 |
|
147 |
|
|
|
|
Middlefield Banc Corp. |
|
3,561 |
|
146 |
|
|
* |
|
Malvern Bancorp Inc. |
|
6,563 |
|
144 |
|
|
|
|
Prudential Bancorp Inc. |
|
7,563 |
|
143 |
|
|
|
|
Pacific City Financial Corp. |
|
8,372 |
|
143 |
|
|
* |
|
MoneyGram International Inc. |
|
54,834 |
|
135 |
|
|
* |
|
PDL Community Bancorp |
|
9,281 |
|
133 |
|
|
* |
|
Elevate Credit Inc. |
|
32,060 |
|
132 |
|
|
|
|
GAIN Capital Holdings Inc. |
|
31,697 |
|
131 |
|
|
|
|
GAMCO Investors Inc. Class A |
|
6,729 |
|
129 |
|
|
* |
|
Coastal Financial Corp. |
|
8,299 |
|
128 |
|
|
|
|
Hunt Cos. Finance Trust Inc. |
|
37,285 |
|
127 |
|
|
* |
|
Carolina Trust Bancshares Inc. |
|
15,695 |
|
123 |
|
|
|
|
SB Financial Group Inc. |
|
7,370 |
|
121 |
|
|
* |
|
Maui Land & Pineapple Co. Inc. |
|
10,762 |
|
111 |
|
|
|
|
IF Bancorp Inc. |
|
5,295 |
|
111 |
|
|
|
|
First Guaranty Bancshares Inc. |
|
5,309 |
|
111 |
|
|
|
|
Old Point Financial Corp. |
|
4,966 |
|
109 |
|
|
* |
|
Provident Bancorp Inc. |
|
3,776 |
|
106 |
|
|
|
|
Greene County Bancorp Inc. |
|
3,503 |
|
103 |
|
|
* |
|
MMA Capital Holdings Inc. |
|
3,061 |
|
102 |
|
|
|
|
Kingstone Cos. Inc. |
|
11,704 |
|
101 |
|
|
* |
|
Consumer Portfolio Services Inc. |
|
26,534 |
|
101 |
|
|
|
|
Two River Bancorp |
|
6,991 |
|
100 |
|
|
|
|
County Bancorp Inc. |
|
5,834 |
|
100 |
|
|
|
|
Griffin Industrial Realty Inc. |
|
2,712 |
|
96 |
|
|
|
|
Associated Capital Group Inc. Class A |
|
2,549 |
|
95 |
|
|
*,^ |
|
Avalon GloboCare Corp. |
|
35,625 |
|
93 |
|
|
|
|
Silvercrest Asset Management Group Inc. Class A |
|
6,601 |
|
93 |
|
|
* |
|
Security National Financial Corp. Class A |
|
17,593 |
|
88 |
|
|
|
|
AmeriServ Financial Inc. |
|
20,965 |
|
87 |
|
|
|
|
Bank of the James Financial Group Inc. |
|
5,830 |
|
86 |
|
|
* |
|
Randolph Bancorp Inc. |
|
5,260 |
|
79 |
|
|
|
|
First Savings Financial Group Inc. |
|
1,265 |
|
76 |
|
|
|
|
Oak Valley Bancorp |
|
3,751 |
|
73 |
|
|
|
|
Auburn National Bancorporation Inc. |
|
2,132 |
|
71 |
|
|
* |
|
Bank7 Corp. |
|
3,800 |
|
70 |
|
|
|
|
Blue Capital Reinsurance Holdings Ltd. |
|
10,455 |
|
69 |
|
|
|
|
Condor Hospitality Trust Inc. |
|
7,582 |
|
69 |
|
|
|
|
HopFed Bancorp Inc. |
|
3,591 |
|
68 |
|
|
|
|
Severn Bancorp Inc. |
|
7,510 |
|
65 |
|
|
§ |
|
Winthrop Realty Trust |
|
55,387 |
|
60 |
|
|
|
|
Manhattan Bridge Capital Inc. |
|
9,392 |
|
60 |
|
|
*,^ |
|
Riot Blockchain Inc. |
|
18,898 |
|
59 |
|
|
|
|
Maiden Holdings Ltd. |
|
91,792 |
|
59 |
|
|
* |
|
Siebert Financial Corp. |
|
6,369 |
|
57 |
|
|
* |
|
Ashford Inc. |
|
1,753 |
|
56 |
|
|
|
|
US Global Investors Inc. Class A |
|
27,714 |
|
50 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Aspen Group Inc. |
|
12,543 |
|
48 |
|
|
* |
|
Palomar Holdings Inc. |
|
1,951 |
|
47 |
|
|
|
|
Sachem Capital Corp. |
|
8,669 |
|
46 |
|
|
|
|
Global Self Storage Inc. |
|
11,862 |
|
45 |
|
|
* |
|
Impac Mortgage Holdings Inc. |
|
14,353 |
|
44 |
|
|
|
|
Sound Financial Bancorp Inc. |
|
1,292 |
|
44 |
|
|
|
|
Pathfinder Bancorp Inc. |
|
3,032 |
|
44 |
|
|
* |
|
Rhinebeck Bancorp Inc. |
|
3,974 |
|
44 |
|
|
|
|
Hennessy Advisors Inc. |
|
4,513 |
|
44 |
|
|
|
|
American River Bankshares |
|
3,522 |
|
43 |
|
|
* |
|
Transcontinental Realty Investors Inc. |
|
1,621 |
|
42 |
|
|
* |
|
Target Hospitality Corp. |
|
4,519 |
|
41 |
|
|
|
|
Manning & Napier Inc. |
|
22,543 |
|
39 |
|
|
* |
|
First Western Financial Inc. |
|
2,792 |
|
37 |
|
|
* |
|
Performant Financial Corp. |
|
33,750 |
|
35 |
|
|
* |
|
Nicholas Financial Inc. |
|
3,692 |
|
35 |
|
|
* |
|
Meridian Corp. |
|
1,909 |
|
32 |
|
|
* |
|
Limestone Bancorp Inc. |
|
1,525 |
|
23 |
|
|
|
|
Central Federal Corp. |
|
1,845 |
|
22 |
|
|
|
|
GWG Holdings Inc. |
|
3,030 |
|
22 |
|
|
* |
|
Community First Bancshares Inc. |
|
2,024 |
|
20 |
|
|
* |
|
Asta Funding Inc. |
|
2,806 |
|
20 |
|
|
* |
|
Jason Industries Inc. |
|
30,066 |
|
20 |
|
|
* |
|
Carter Bank & Trust |
|
975 |
|
19 |
|
|
* |
|
Conifer Holdings Inc. |
|
4,822 |
|
19 |
|
|
* |
|
Wheeler REIT Inc. |
|
13,699 |
|
19 |
|
|
|
|
Bank of South Carolina Corp. |
|
834 |
|
16 |
|
|
* |
|
Altisource Asset Management Corp. |
|
1,269 |
|
15 |
|
|
* |
|
Capital Bancorp Inc. |
|
1,124 |
|
14 |
|
|
* |
|
HMN Financial Inc. |
|
623 |
|
13 |
|
|
|
|
Ottawa Bancorp Inc. |
|
873 |
|
11 |
|
|
|
|
WVS Financial Corp. |
|
623 |
|
11 |
|
|
|
|
Medley Management Inc. Class A |
|
2,078 |
|
5 |
|
|
* |
|
Atlas Financial Holdings Inc. |
|
5,547 |
|
4 |
|
|
* |
|
Village Bank and Trust Financial Corp. |
|
100 |
|
3 |
|
|
|
|
Southwest Georgia Financial Corp. |
|
153 |
|
3 |
|
|
* |
|
Rekor Systems Inc. |
|
1,400 |
|
3 |
|
|
|
|
Tremont Mortgage Trust |
|
593 |
|
2 |
|
|
|
|
Elmira Savings Bank |
|
100 |
|
2 |
|
|
* |
|
CBM Bancorp Inc. |
|
100 |
|
1 |
|
|
* |
|
National Holdings Corp. |
|
454 |
|
1 |
|
|
* |
|
Franklin Financial Services Corp. |
|
30 |
|
1 |
|
|
* |
|
FlexShopper Inc. |
|
250 |
|
— |
|
|
* |
|
Ditech Holding Corp Series B Warrants Exp. 01/31/2028 |
|
3,340 |
|
— |
|
|
* |
|
Ditech Holding Corp. Warrants 01/31/2028 |
|
4,209 |
|
— |
|
|
|
|
|
|
|
|
7,629,370 |
|
|
Health Care (12.9%) |
|
|
|
|
| ||
|
|
|
Johnson & Johnson |
|
3,568,293 |
|
496,992 |
|
|
|
|
Pfizer Inc. |
|
7,534,153 |
|
326,380 |
|
|
|
|
UnitedHealth Group Inc. |
|
1,281,321 |
|
312,655 |
|
|
|
|
Merck & Co. Inc. |
|
3,484,756 |
|
292,197 |
|
|
|
|
Abbott Laboratories |
|
2,352,253 |
|
197,824 |
|
|
|
|
Medtronic plc |
|
1,796,092 |
|
174,921 |
|
|
|
|
Thermo Fisher Scientific Inc. |
|
538,842 |
|
158,247 |
|
|
|
|
Amgen Inc. |
|
832,324 |
|
153,381 |
|
|
|
|
AbbVie Inc. |
|
2,001,059 |
|
145,517 |
|
|
|
|
Eli Lilly & Co. |
|
1,170,706 |
|
129,703 |
|
|
|
|
Gilead Sciences Inc. |
|
1,719,397 |
|
116,162 |
|
|
|
|
Bristol-Myers Squibb Co. |
|
2,188,418 |
|
99,245 |
|
|
|
|
Anthem Inc. |
|
343,965 |
|
97,070 |
|
|
|
|
Becton Dickinson and Co. |
|
360,670 |
|
90,892 |
|
|
* |
|
Celgene Corp. |
|
938,703 |
|
86,774 |
|
|
|
|
Stryker Corp. |
|
399,547 |
|
82,139 |
|
|
* |
|
Intuitive Surgical Inc. |
|
153,455 |
|
80,495 |
|
|
|
|
Cigna Corp. |
|
510,762 |
|
80,471 |
|
|
* |
|
Boston Scientific Corp. |
|
1,857,880 |
|
79,852 |
|
|
|
|
Allergan plc |
|
446,399 |
|
74,741 |
|
|
|
|
Zoetis Inc. |
|
640,287 |
|
72,666 |
|
|
* |
|
Illumina Inc. |
|
197,100 |
|
72,562 |
|
|
* |
|
Vertex Pharmaceuticals Inc. |
|
343,236 |
|
62,943 |
|
|
* |
|
Biogen Inc. |
|
263,872 |
|
61,712 |
|
|
|
|
Baxter International Inc. |
|
677,243 |
|
55,466 |
|
|
* |
|
Edwards Lifesciences Corp. |
|
278,489 |
|
51,448 |
|
|
|
|
HCA Healthcare Inc. |
|
366,980 |
|
49,605 |
|
|
|
|
Humana Inc. |
|
181,718 |
|
48,210 |
|
|
* |
|
Alexion Pharmaceuticals Inc. |
|
281,634 |
|
36,888 |
|
|
* |
|
IQVIA Holdings Inc. |
|
225,233 |
|
36,240 |
|
|
* |
|
Regeneron Pharmaceuticals Inc. |
|
108,178 |
|
33,860 |
|
|
|
|
Zimmer Biomet Holdings Inc. |
|
273,971 |
|
32,257 |
|
|
* |
|
IDEXX Laboratories Inc. |
|
115,405 |
|
31,774 |
|
|
* |
|
Centene Corp. |
|
525,930 |
|
27,580 |
|
|
* |
|
Align Technology Inc. |
|
100,144 |
|
27,409 |
|
|
|
|
ResMed Inc. |
|
192,200 |
|
23,454 |
|
|
* |
|
Laboratory Corp. of America Holdings |
|
135,316 |
|
23,396 |
|
|
|
|
Cooper Cos. Inc. |
|
66,090 |
|
22,265 |
|
|
* |
|
Incyte Corp. |
|
244,695 |
|
20,789 |
|
|
* |
|
Exact Sciences Corp. |
|
174,703 |
|
20,622 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
BioMarin Pharmaceutical Inc. |
|
240,008 |
|
20,557 |
|
|
|
|
Teleflex Inc. |
|
61,840 |
|
20,478 |
|
|
* |
|
WellCare Health Plans Inc. |
|
66,883 |
|
19,066 |
|
|
|
|
Cardinal Health Inc. |
|
398,583 |
|
18,773 |
|
|
* |
|
Hologic Inc. |
|
390,733 |
|
18,763 |
|
|
|
|
Dentsply Sirona Inc. |
|
315,181 |
|
18,394 |
|
|
* |
|
DexCom Inc. |
|
122,685 |
|
18,383 |
|
|
|
|
Quest Diagnostics Inc. |
|
179,740 |
|
18,299 |
|
|
|
|
STERIS plc |
|
113,102 |
|
16,839 |
|
|
* |
|
Varian Medical Systems Inc. |
|
121,207 |
|
16,500 |
|
|
* |
|
Elanco Animal Health Inc. |
|
479,706 |
|
16,214 |
|
|
* |
|
ABIOMED Inc. |
|
57,317 |
|
14,931 |
|
|
|
|
Universal Health Services Inc. Class B |
|
114,301 |
|
14,904 |
|
|
* |
|
Sarepta Therapeutics Inc. |
|
95,956 |
|
14,581 |
|
|
* |
|
Henry Schein Inc. |
|
203,217 |
|
14,205 |
|
|
* |
|
Array BioPharma Inc. |
|
292,698 |
|
13,561 |
|
|
* |
|
Mylan NV |
|
689,513 |
|
13,128 |
|
|
|
|
West Pharmaceutical Services Inc. |
|
99,508 |
|
12,453 |
|
|
* |
|
Sage Therapeutics Inc. |
|
67,900 |
|
12,432 |
|
|
* |
|
Molina Healthcare Inc. |
|
79,822 |
|
11,426 |
|
|
* |
|
Jazz Pharmaceuticals plc |
|
76,902 |
|
10,963 |
|
|
* |
|
Catalent Inc. |
|
196,322 |
|
10,643 |
|
|
* |
|
Ionis Pharmaceuticals Inc. |
|
165,402 |
|
10,630 |
|
|
|
|
Bio-Techne Corp. |
|
50,527 |
|
10,534 |
|
|
* |
|
Alnylam Pharmaceuticals Inc. |
|
142,616 |
|
10,348 |
|
|
* |
|
Neurocrine Biosciences Inc. |
|
121,558 |
|
10,263 |
|
|
* |
|
Seattle Genetics Inc. |
|
140,190 |
|
9,703 |
|
|
* |
|
Masimo Corp. |
|
63,691 |
|
9,478 |
|
|
* |
|
Insulet Corp. |
|
79,022 |
|
9,434 |
|
|
* |
|
DaVita Inc. |
|
166,681 |
|
9,377 |
|
|
|
|
Hill-Rom Holdings Inc. |
|
89,294 |
|
9,342 |
|
|
* |
|
Charles River Laboratories International Inc. |
|
64,438 |
|
9,144 |
|
|
* |
|
Bio-Rad Laboratories Inc. Class A |
|
28,468 |
|
8,899 |
|
|
* |
|
Exelixis Inc. |
|
398,559 |
|
8,517 |
|
|
* |
|
Nektar Therapeutics Class A |
|
234,128 |
|
8,330 |
|
|
* |
|
Haemonetics Corp. |
|
68,731 |
|
8,271 |
|
|
|
|
Encompass Health Corp. |
|
126,641 |
|
8,024 |
|
|
|
|
Perrigo Co. plc |
|
163,364 |
|
7,779 |
|
|
|
|
Chemed Corp. |
|
21,383 |
|
7,716 |
|
|
* |
|
Bluebird Bio Inc. |
|
60,095 |
|
7,644 |
|
|
* |
|
PRA Health Sciences Inc. |
|
74,598 |
|
7,396 |
|
|
|
|
Bruker Corp. |
|
137,688 |
|
6,878 |
|
|
* |
|
Novocure Ltd. |
|
106,769 |
|
6,751 |
|
|
* |
|
Penumbra Inc. |
|
41,945 |
|
6,711 |
|
|
* |
|
ICU Medical Inc. |
|
25,903 |
|
6,525 |
|
|
* |
|
Teladoc Health Inc. |
|
89,613 |
|
5,951 |
|
|
* |
|
Horizon Therapeutics plc |
|
244,215 |
|
5,876 |
|
|
* |
|
Blueprint Medicines Corp. |
|
61,188 |
|
5,772 |
|
|
* |
|
Syneos Health Inc. |
|
111,292 |
|
5,686 |
|
|
* |
|
Avantor Inc. |
|
282,165 |
|
5,387 |
|
|
* |
|
Amedisys Inc. |
|
42,841 |
|
5,201 |
|
|
* |
|
HealthEquity Inc. |
|
79,513 |
|
5,200 |
|
|
* |
|
Integra LifeSciences Holdings Corp. |
|
91,642 |
|
5,118 |
|
|
* |
|
Wright Medical Group NV |
|
167,992 |
|
5,010 |
|
|
* |
|
Tandem Diabetes Care Inc. |
|
76,625 |
|
4,944 |
|
|
* |
|
Spark Therapeutics Inc. |
|
48,252 |
|
4,940 |
|
|
* |
|
Repligen Corp. |
|
56,223 |
|
4,832 |
|
|
* |
|
LHC Group Inc. |
|
39,751 |
|
4,753 |
|
|
* |
|
Alkermes plc |
|
209,640 |
|
4,725 |
|
|
* |
|
FibroGen Inc. |
|
102,851 |
|
4,647 |
|
|
* |
|
Ultragenyx Pharmaceutical Inc. |
|
72,843 |
|
4,626 |
|
|
* |
|
Mirati Therapeutics Inc. |
|
43,541 |
|
4,485 |
|
|
* |
|
Omnicell Inc. |
|
51,349 |
|
4,418 |
|
|
* |
|
Globus Medical Inc. |
|
103,180 |
|
4,365 |
|
|
* |
|
United Therapeutics Corp. |
|
55,172 |
|
4,307 |
|
|
* |
|
Merit Medical Systems Inc. |
|
70,176 |
|
4,180 |
|
|
* |
|
Neogen Corp. |
|
66,963 |
|
4,159 |
|
|
* |
|
Amicus Therapeutics Inc. |
|
330,380 |
|
4,123 |
|
|
* |
|
Acadia Healthcare Co. Inc. |
|
117,141 |
|
4,094 |
|
|
* |
|
NuVasive Inc. |
|
69,202 |
|
4,051 |
|
|
* |
|
Global Blood Therapeutics Inc. |
|
76,298 |
|
4,013 |
|
|
|
|
Ensign Group Inc. |
|
67,942 |
|
3,867 |
|
|
* |
|
Arena Pharmaceuticals Inc. |
|
65,240 |
|
3,825 |
|
|
|
|
Cantel Medical Corp. |
|
47,093 |
|
3,798 |
|
|
* |
|
HMS Holdings Corp. |
|
115,417 |
|
3,738 |
|
|
* |
|
Iovance Biotherapeutics Inc. |
|
152,428 |
|
3,738 |
|
|
* |
|
Guardant Health Inc. |
|
42,910 |
|
3,704 |
|
|
* |
|
ACADIA Pharmaceuticals Inc. |
|
135,408 |
|
3,619 |
|
|
* |
|
Medicines Co. |
|
97,406 |
|
3,552 |
|
|
* |
|
Glaukos Corp. |
|
45,980 |
|
3,467 |
|
|
* |
|
Agios Pharmaceuticals Inc. |
|
66,164 |
|
3,300 |
|
|
* |
|
PTC Therapeutics Inc. |
|
72,694 |
|
3,271 |
|
|
* |
|
Halozyme Therapeutics Inc. |
|
184,192 |
|
3,164 |
|
|
|
|
CONMED Corp. |
|
36,636 |
|
3,135 |
|
|
* |
|
Ligand Pharmaceuticals Inc. |
|
27,282 |
|
3,114 |
|
|
* |
|
Immunomedics Inc. |
|
217,686 |
|
3,019 |
|
|
* |
|
Arrowhead Pharmaceuticals Inc. |
|
113,708 |
|
3,013 |
|
|
^ |
|
Healthcare Services Group Inc. |
|
98,997 |
|
3,002 |
|
|
* |
|
Insmed Inc. |
|
116,703 |
|
2,988 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
MEDNAX Inc. |
|
114,925 |
|
2,900 |
|
|
* |
|
NeoGenomics Inc. |
|
129,977 |
|
2,852 |
|
|
* |
|
Tenet Healthcare Corp. |
|
137,880 |
|
2,849 |
|
|
* |
|
iRhythm Technologies Inc. |
|
35,833 |
|
2,834 |
|
|
* |
|
Emergent BioSolutions Inc. |
|
57,698 |
|
2,787 |
|
|
* |
|
Avanos Medical Inc. |
|
63,344 |
|
2,762 |
|
|
* |
|
WageWorks Inc. |
|
54,247 |
|
2,755 |
|
|
* |
|
Intercept Pharmaceuticals Inc. |
|
34,406 |
|
2,738 |
|
|
* |
|
Quidel Corp. |
|
45,363 |
|
2,691 |
|
|
* |
|
Xencor Inc. |
|
64,264 |
|
2,630 |
|
|
* |
|
Myriad Genetics Inc. |
|
93,959 |
|
2,610 |
|
|
* |
|
Zogenix Inc. |
|
53,980 |
|
2,579 |
|
|
* |
|
MyoKardia Inc. |
|
51,438 |
|
2,579 |
|
|
* |
|
Invitae Corp. |
|
108,446 |
|
2,548 |
|
|
|
|
Patterson Cos. Inc. |
|
109,331 |
|
2,504 |
|
|
* |
|
Magellan Health Inc. |
|
32,667 |
|
2,425 |
|
|
* |
|
Nevro Corp. |
|
37,310 |
|
2,419 |
|
|
* |
|
Acceleron Pharma Inc. |
|
58,760 |
|
2,414 |
|
|
* |
|
Medpace Holdings Inc. |
|
36,471 |
|
2,386 |
|
|
* |
|
Pacira BioSciences Inc. |
|
53,064 |
|
2,308 |
|
|
* |
|
Select Medical Holdings Corp. |
|
145,278 |
|
2,306 |
|
|
* |
|
Reata Pharmaceuticals Inc. Class A |
|
24,123 |
|
2,276 |
|
|
* |
|
Prestige Consumer Healthcare Inc. |
|
71,651 |
|
2,270 |
|
|
* |
|
Portola Pharmaceuticals Inc. |
|
83,537 |
|
2,266 |
|
|
* |
|
REGENXBIO Inc. |
|
43,864 |
|
2,253 |
|
|
* |
|
Supernus Pharmaceuticals Inc. |
|
66,369 |
|
2,196 |
|
|
* |
|
Ironwood Pharmaceuticals Inc. Class A |
|
198,808 |
|
2,175 |
|
|
* |
|
Cambrex Corp. |
|
45,806 |
|
2,144 |
|
|
|
|
US Physical Therapy Inc. |
|
17,444 |
|
2,138 |
|
|
* |
|
BioTelemetry Inc. |
|
42,433 |
|
2,043 |
|
|
* |
|
Natera Inc. |
|
73,079 |
|
2,016 |
|
|
* |
|
Audentes Therapeutics Inc. |
|
51,999 |
|
1,969 |
|
|
* |
|
Cardiovascular Systems Inc. |
|
44,660 |
|
1,917 |
|
|
* |
|
Enanta Pharmaceuticals Inc. |
|
22,406 |
|
1,891 |
|
|
* |
|
Genomic Health Inc. |
|
31,456 |
|
1,830 |
|
|
* |
|
Athenex Inc. |
|
91,702 |
|
1,816 |
|
|
* |
|
Aerie Pharmaceuticals Inc. |
|
60,225 |
|
1,780 |
|
|
* |
|
Brookdale Senior Living Inc. |
|
244,944 |
|
1,766 |
|
|
* |
|
STAAR Surgical Co. |
|
59,733 |
|
1,755 |
|
|
* |
|
Heron Therapeutics Inc. |
|
92,460 |
|
1,719 |
|
|
*,^ |
|
Allogene Therapeutics Inc. |
|
62,797 |
|
1,686 |
|
|
*,^ |
|
Denali Therapeutics Inc. |
|
80,919 |
|
1,680 |
|
|
* |
|
Coherus Biosciences Inc. |
|
75,299 |
|
1,664 |
|
|
* |
|
Inspire Medical Systems Inc. |
|
27,412 |
|
1,663 |
|
|
* |
|
Momenta Pharmaceuticals Inc. |
|
133,188 |
|
1,658 |
|
|
* |
|
Inogen Inc. |
|
24,697 |
|
1,649 |
|
|
|
|
Atrion Corp. |
|
1,914 |
|
1,632 |
|
|
* |
|
Sangamo Therapeutics Inc. |
|
151,505 |
|
1,632 |
|
|
* |
|
Veracyte Inc. |
|
56,842 |
|
1,621 |
|
|
* |
|
ArQule Inc. |
|
143,417 |
|
1,579 |
|
|
* |
|
Corcept Therapeutics Inc. |
|
139,456 |
|
1,555 |
|
|
* |
|
Varex Imaging Corp. |
|
50,474 |
|
1,547 |
|
|
* |
|
AnaptysBio Inc. |
|
27,205 |
|
1,535 |
|
|
* |
|
CareDx Inc. |
|
42,483 |
|
1,529 |
|
|
* |
|
R1 RCM Inc. |
|
118,183 |
|
1,487 |
|
|
* |
|
Radius Health Inc. |
|
60,495 |
|
1,474 |
|
|
*,^ |
|
Esperion Therapeutics Inc. |
|
31,205 |
|
1,452 |
|
|
* |
|
Lantheus Holdings Inc. |
|
51,039 |
|
1,444 |
|
|
* |
|
CryoLife Inc. |
|
48,026 |
|
1,437 |
|
|
* |
|
AtriCure Inc. |
|
47,373 |
|
1,414 |
|
|
* |
|
Editas Medicine Inc. |
|
56,479 |
|
1,397 |
|
|
* |
|
Orthofix Medical Inc. |
|
25,300 |
|
1,338 |
|
|
* |
|
Fate Therapeutics Inc. |
|
65,671 |
|
1,333 |
|
|
* |
|
Fluidigm Corp. |
|
107,377 |
|
1,323 |
|
|
* |
|
Apellis Pharmaceuticals Inc. |
|
51,965 |
|
1,317 |
|
|
* |
|
NanoString Technologies Inc. |
|
42,600 |
|
1,293 |
|
|
* |
|
Innoviva Inc. |
|
88,468 |
|
1,288 |
|
|
* |
|
Tactile Systems Technology Inc. |
|
22,293 |
|
1,269 |
|
|
* |
|
Tricida Inc. |
|
32,062 |
|
1,265 |
|
|
*,^ |
|
Allakos Inc. |
|
28,601 |
|
1,239 |
|
|
* |
|
Retrophin Inc. |
|
61,454 |
|
1,235 |
|
|
*,^ |
|
ZIOPHARM Oncology Inc. |
|
210,709 |
|
1,228 |
|
|
* |
|
Epizyme Inc. |
|
94,873 |
|
1,191 |
|
|
|
|
Luminex Corp. |
|
57,382 |
|
1,184 |
|
|
* |
|
Madrigal Pharmaceuticals Inc. |
|
11,002 |
|
1,153 |
|
|
* |
|
Endo International plc |
|
274,894 |
|
1,133 |
|
|
* |
|
Pacific Biosciences of California Inc. |
|
186,740 |
|
1,130 |
|
|
* |
|
Vericel Corp. |
|
59,754 |
|
1,129 |
|
|
* |
|
G1 Therapeutics Inc. |
|
36,616 |
|
1,123 |
|
|
* |
|
Kura Oncology Inc. |
|
56,111 |
|
1,105 |
|
|
|
|
National HealthCare Corp. |
|
13,600 |
|
1,104 |
|
|
* |
|
Aimmune Therapeutics Inc. |
|
52,802 |
|
1,099 |
|
|
* |
|
Natus Medical Inc. |
|
42,559 |
|
1,093 |
|
|
* |
|
Alder Biopharmaceuticals Inc. |
|
92,169 |
|
1,085 |
|
|
* |
|
Spectrum Pharmaceuticals Inc. |
|
125,140 |
|
1,077 |
|
|
* |
|
Ra Pharmaceuticals Inc. |
|
35,828 |
|
1,077 |
|
|
* |
|
Atara Biotherapeutics Inc. |
|
53,407 |
|
1,074 |
|
|
* |
|
Tivity Health Inc. |
|
65,293 |
|
1,073 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
OPKO Health Inc. |
|
434,747 |
|
1,061 |
|
|
* |
|
Addus HomeCare Corp. |
|
14,131 |
|
1,059 |
|
|
* |
|
CorVel Corp. |
|
11,897 |
|
1,035 |
|
|
* |
|
Amneal Pharmaceuticals Inc. |
|
144,353 |
|
1,035 |
|
|
* |
|
Mallinckrodt plc |
|
110,397 |
|
1,013 |
|
|
* |
|
MacroGenics Inc. |
|
58,478 |
|
992 |
|
|
* |
|
AngioDynamics Inc. |
|
50,171 |
|
988 |
|
|
* |
|
Clovis Oncology Inc. |
|
66,283 |
|
986 |
|
|
* |
|
Cerus Corp. |
|
175,224 |
|
985 |
|
|
* |
|
Amphastar Pharmaceuticals Inc. |
|
46,374 |
|
979 |
|
|
* |
|
Vanda Pharmaceuticals Inc. |
|
68,405 |
|
964 |
|
|
* |
|
Voyager Therapeutics Inc. |
|
35,131 |
|
956 |
|
|
*,^ |
|
Omeros Corp. |
|
60,160 |
|
944 |
|
|
*,^ |
|
ViewRay Inc. |
|
105,438 |
|
929 |
|
|
* |
|
ANI Pharmaceuticals Inc. |
|
11,297 |
|
929 |
|
|
*,^ |
|
Cara Therapeutics Inc. |
|
42,964 |
|
924 |
|
|
* |
|
Dicerna Pharmaceuticals Inc. |
|
57,487 |
|
905 |
|
|
* |
|
Theravance Biopharma Inc. |
|
54,511 |
|
890 |
|
|
* |
|
Intersect ENT Inc. |
|
38,629 |
|
879 |
|
|
* |
|
Adverum Biotechnologies Inc. |
|
73,784 |
|
877 |
|
|
* |
|
Eagle Pharmaceuticals Inc. |
|
15,723 |
|
875 |
|
|
* |
|
HealthStream Inc. |
|
33,424 |
|
864 |
|
|
* |
|
Axogen Inc. |
|
42,079 |
|
833 |
|
|
* |
|
Hanger Inc. |
|
43,507 |
|
833 |
|
|
*,^ |
|
Accelerate Diagnostics Inc. |
|
35,968 |
|
823 |
|
|
* |
|
PetIQ Inc. Class A |
|
24,935 |
|
822 |
|
|
* |
|
Stemline Therapeutics Inc. |
|
53,436 |
|
819 |
|
|
* |
|
Principia Biopharma Inc. |
|
24,166 |
|
802 |
|
|
* |
|
Revance Therapeutics Inc. |
|
60,041 |
|
779 |
|
|
* |
|
OraSure Technologies Inc. |
|
82,973 |
|
770 |
|
|
*,^ |
|
Rubius Therapeutics Inc. |
|
48,904 |
|
769 |
|
|
* |
|
TG Therapeutics Inc. |
|
88,673 |
|
767 |
|
|
* |
|
Intra-Cellular Therapies Inc. |
|
58,139 |
|
755 |
|
|
* |
|
Twist Bioscience Corp. |
|
25,514 |
|
740 |
|
|
* |
|
Akebia Therapeutics Inc. |
|
152,684 |
|
739 |
|
|
* |
|
Intellia Therapeutics Inc. |
|
45,008 |
|
737 |
|
|
* |
|
Heska Corp. |
|
8,545 |
|
728 |
|
|
* |
|
Axonics Modulation Technologies Inc. |
|
17,605 |
|
721 |
|
|
* |
|
Anika Therapeutics Inc. |
|
17,743 |
|
721 |
|
|
* |
|
RadNet Inc. |
|
51,984 |
|
717 |
|
|
* |
|
Cytokinetics Inc. |
|
63,378 |
|
713 |
|
|
* |
|
Surmodics Inc. |
|
16,446 |
|
710 |
|
|
*,^ |
|
Axsome Therapeutics Inc. |
|
27,554 |
|
710 |
|
|
* |
|
Triple-S Management Corp. Class B |
|
29,463 |
|
703 |
|
|
* |
|
Progenics Pharmaceuticals Inc. |
|
110,914 |
|
684 |
|
|
*,^ |
|
TherapeuticsMD Inc. |
|
261,661 |
|
680 |
|
|
* |
|
Rhythm Pharmaceuticals Inc. |
|
30,716 |
|
676 |
|
|
*,^ |
|
Shockwave Medical Inc. |
|
11,801 |
|
674 |
|
|
* |
|
CytomX Therapeutics Inc. |
|
59,058 |
|
663 |
|
|
* |
|
Cymabay Therapeutics Inc. |
|
89,724 |
|
642 |
|
|
* |
|
PDL BioPharma Inc. |
|
204,586 |
|
642 |
|
|
|
|
Meridian Bioscience Inc. |
|
53,716 |
|
638 |
|
|
*,^ |
|
Viking Therapeutics Inc. |
|
75,523 |
|
627 |
|
|
* |
|
Akorn Inc. |
|
120,751 |
|
622 |
|
|
*,^ |
|
Corbus Pharmaceuticals Holdings Inc. |
|
86,135 |
|
597 |
|
|
|
|
LeMaitre Vascular Inc. |
|
21,154 |
|
592 |
|
|
* |
|
Antares Pharma Inc. |
|
175,905 |
|
579 |
|
|
* |
|
Silk Road Medical Inc. |
|
11,910 |
|
577 |
|
|
* |
|
Rocket Pharmaceuticals Inc. |
|
38,411 |
|
576 |
|
|
* |
|
Puma Biotechnology Inc. |
|
44,288 |
|
563 |
|
|
* |
|
Rigel Pharmaceuticals Inc. |
|
214,440 |
|
560 |
|
|
* |
|
BioCryst Pharmaceuticals Inc. |
|
144,685 |
|
548 |
|
|
*,^ |
|
Intrexon Corp. |
|
69,461 |
|
532 |
|
|
* |
|
Dermira Inc. |
|
55,641 |
|
532 |
|
|
* |
|
Flexion Therapeutics Inc. |
|
42,414 |
|
522 |
|
|
* |
|
GlycoMimetics Inc. |
|
43,246 |
|
515 |
|
|
* |
|
Vapotherm Inc. |
|
22,386 |
|
515 |
|
|
* |
|
Y-mAbs Therapeutics Inc. |
|
22,455 |
|
514 |
|
|
* |
|
Apollo Medical Holdings Inc. |
|
30,006 |
|
501 |
|
|
* |
|
AMAG Pharmaceuticals Inc. |
|
49,608 |
|
496 |
|
|
* |
|
Collegium Pharmaceutical Inc. |
|
37,664 |
|
495 |
|
|
* |
|
Catalyst Pharmaceuticals Inc. |
|
127,294 |
|
489 |
|
|
* |
|
BioDelivery Sciences International Inc. |
|
104,536 |
|
486 |
|
|
* |
|
Gossamer Bio Inc. |
|
21,822 |
|
484 |
|
|
* |
|
OrthoPediatrics Corp. |
|
12,074 |
|
471 |
|
|
* |
|
Acorda Therapeutics Inc. |
|
61,195 |
|
469 |
|
|
* |
|
Kodiak Sciences Inc. |
|
40,007 |
|
468 |
|
|
* |
|
Krystal Biotech Inc. |
|
11,447 |
|
461 |
|
|
* |
|
BioScrip Inc. |
|
173,477 |
|
451 |
|
|
* |
|
Achillion Pharmaceuticals Inc. |
|
166,715 |
|
447 |
|
|
* |
|
Odonate Therapeutics Inc. |
|
12,168 |
|
446 |
|
|
* |
|
Magenta Therapeutics Inc. |
|
30,037 |
|
443 |
|
|
* |
|
Accuray Inc. |
|
113,995 |
|
441 |
|
|
|
|
Utah Medical Products Inc. |
|
4,603 |
|
441 |
|
|
* |
|
GenMark Diagnostics Inc. |
|
67,437 |
|
438 |
|
|
* |
|
Deciphera Pharmaceuticals Inc. |
|
19,378 |
|
437 |
|
|
* |
|
BioSpecifics Technologies Corp. |
|
7,254 |
|
433 |
|
|
* |
|
Quanterix Corp. |
|
12,580 |
|
425 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Homology Medicines Inc. |
|
21,678 |
|
424 |
|
|
* |
|
ImmunoGen Inc. |
|
193,472 |
|
420 |
|
|
* |
|
Translate Bio Inc. |
|
33,180 |
|
419 |
|
|
*,^ |
|
MediciNova Inc. |
|
43,226 |
|
416 |
|
|
* |
|
Syros Pharmaceuticals Inc. |
|
44,320 |
|
410 |
|
|
* |
|
Karyopharm Therapeutics Inc. |
|
67,908 |
|
407 |
|
|
* |
|
ChemoCentryx Inc. |
|
43,286 |
|
403 |
|
|
*,^ |
|
Community Health Systems Inc. |
|
148,896 |
|
398 |
|
|
*,^ |
|
Akcea Therapeutics Inc. |
|
16,874 |
|
396 |
|
|
* |
|
Assembly Biosciences Inc. |
|
29,203 |
|
394 |
|
|
* |
|
Avedro Inc. |
|
20,040 |
|
394 |
|
|
* |
|
SIGA Technologies Inc. |
|
68,843 |
|
391 |
|
|
* |
|
Xeris Pharmaceuticals Inc. |
|
34,024 |
|
389 |
|
|
*,^ |
|
Crinetics Pharmaceuticals Inc. |
|
15,325 |
|
383 |
|
|
*,^ |
|
Inovio Pharmaceuticals Inc. |
|
129,455 |
|
381 |
|
|
* |
|
Agenus Inc. |
|
125,251 |
|
376 |
|
|
* |
|
Avid Bioservices Inc. |
|
66,519 |
|
373 |
|
|
* |
|
Zynex Inc. |
|
41,308 |
|
371 |
|
|
* |
|
Scholar Rock Holding Corp. |
|
23,395 |
|
371 |
|
|
* |
|
Conformis Inc. |
|
84,889 |
|
370 |
|
|
* |
|
Kindred Biosciences Inc. |
|
44,140 |
|
368 |
|
|
* |
|
Cutera Inc. |
|
17,195 |
|
357 |
|
|
*,^ |
|
Provention Bio Inc. |
|
29,222 |
|
354 |
|
|
* |
|
Aratana Therapeutics Inc. |
|
67,232 |
|
347 |
|
|
*,^ |
|
Eidos Therapeutics Inc. |
|
11,026 |
|
343 |
|
|
*,^ |
|
Lexicon Pharmaceuticals Inc. |
|
54,388 |
|
342 |
|
|
* |
|
Concert Pharmaceuticals Inc. |
|
27,718 |
|
333 |
|
|
*,^ |
|
Evolus Inc. |
|
22,721 |
|
332 |
|
|
* |
|
RTI Surgical Holdings Inc. |
|
76,763 |
|
326 |
|
|
*,^ |
|
Geron Corp. |
|
231,255 |
|
326 |
|
|
*,^ |
|
Zynerba Pharmaceuticals Inc. |
|
23,726 |
|
321 |
|
|
* |
|
Dynavax Technologies Corp. |
|
80,479 |
|
321 |
|
|
*,^ |
|
Gritstone Oncology Inc. |
|
28,580 |
|
318 |
|
|
*,^ |
|
Sorrento Therapeutics Inc. |
|
116,393 |
|
311 |
|
|
* |
|
Arcus Biosciences Inc. |
|
39,003 |
|
310 |
|
|
* |
|
Kadmon Holdings Inc. |
|
149,169 |
|
307 |
|
|
* |
|
Sientra Inc. |
|
49,732 |
|
306 |
|
|
* |
|
Protagonist Therapeutics Inc. |
|
25,294 |
|
306 |
|
|
*,^ |
|
Marker Therapeutics Inc. |
|
38,627 |
|
306 |
|
|
* |
|
Palatin Technologies Inc. |
|
263,109 |
|
305 |
|
|
* |
|
Avrobio Inc. |
|
18,496 |
|
301 |
|
|
*,^ |
|
Senseonics Holdings Inc. |
|
145,739 |
|
297 |
|
|
* |
|
Harrow Health Inc. |
|
34,054 |
|
296 |
|
|
* |
|
Alector Inc. |
|
15,524 |
|
295 |
|
|
* |
|
Marinus Pharmaceuticals Inc. |
|
70,667 |
|
293 |
|
|
* |
|
BioLife Solutions Inc. |
|
16,864 |
|
286 |
|
|
* |
|
Assertio Therapeutics Inc. |
|
81,064 |
|
280 |
|
|
* |
|
Eiger BioPharmaceuticals Inc. |
|
26,350 |
|
279 |
|
|
* |
|
Athersys Inc. |
|
166,066 |
|
279 |
|
|
*,^ |
|
CEL-SCI Corp. |
|
32,286 |
|
271 |
|
|
*,^ |
|
Corindus Vascular Robotics Inc. |
|
90,470 |
|
270 |
|
|
*,^ |
|
MannKind Corp. |
|
232,977 |
|
268 |
|
|
*,^ |
|
Lannett Co. Inc. |
|
44,029 |
|
267 |
|
|
* |
|
Five Prime Therapeutics Inc. |
|
43,499 |
|
262 |
|
|
* |
|
Replimune Group Inc. |
|
17,809 |
|
261 |
|
|
* |
|
Apyx Medical Corp. |
|
38,544 |
|
259 |
|
|
*,^ |
|
AcelRx Pharmaceuticals Inc. |
|
100,131 |
|
253 |
|
|
|
|
Owens & Minor Inc. |
|
78,683 |
|
252 |
|
|
* |
|
Chimerix Inc. |
|
58,216 |
|
251 |
|
|
* |
|
Kiniksa Pharmaceuticals Ltd. Class A |
|
18,544 |
|
251 |
|
|
* |
|
Pfenex Inc. |
|
36,618 |
|
247 |
|
|
* |
|
La Jolla Pharmaceutical Co. |
|
26,673 |
|
247 |
|
|
*,^ |
|
UNITY Biotechnology Inc. |
|
25,909 |
|
246 |
|
|
* |
|
Eloxx Pharmaceuticals Inc. |
|
24,672 |
|
246 |
|
|
* |
|
MEI Pharma Inc. |
|
95,949 |
|
240 |
|
|
*,^ |
|
Dova Pharmaceuticals Inc. |
|
16,682 |
|
235 |
|
|
* |
|
Constellation Pharmaceuticals Inc. |
|
18,949 |
|
233 |
|
|
* |
|
SeaSpine Holdings Corp. |
|
17,478 |
|
232 |
|
|
*,^ |
|
CorMedix Inc. |
|
25,705 |
|
231 |
|
|
* |
|
Minerva Neurosciences Inc. |
|
40,597 |
|
229 |
|
|
* |
|
Cyclerion Therapeutics Inc. |
|
19,880 |
|
228 |
|
|
|
|
Invacare Corp. |
|
43,119 |
|
224 |
|
|
* |
|
Celcuity Inc. |
|
8,854 |
|
221 |
|
|
* |
|
PhaseBio Pharmaceuticals Inc. |
|
16,833 |
|
221 |
|
|
* |
|
CytoSorbents Corp. |
|
33,400 |
|
221 |
|
|
* |
|
Joint Corp. |
|
12,036 |
|
219 |
|
|
* |
|
SI-BONE Inc. |
|
10,635 |
|
216 |
|
|
* |
|
Misonix Inc. |
|
8,477 |
|
215 |
|
|
* |
|
Dyadic International Inc. |
|
34,157 |
|
214 |
|
|
*,^ |
|
Galectin Therapeutics Inc. |
|
51,315 |
|
213 |
|
|
* |
|
Seres Therapeutics Inc. |
|
63,665 |
|
205 |
|
|
* |
|
KalVista Pharmaceuticals Inc. |
|
9,120 |
|
202 |
|
|
* |
|
Arvinas Inc. |
|
9,095 |
|
200 |
|
|
*,^ |
|
XBiotech Inc. |
|
26,349 |
|
200 |
|
|
* |
|
Surgery Partners Inc. |
|
24,411 |
|
199 |
|
|
* |
|
Recro Pharma Inc. |
|
19,518 |
|
199 |
|
|
* |
|
Calithera Biosciences Inc. |
|
50,818 |
|
198 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
*,^ |
|
X4 Pharmaceuticals Inc. |
|
13,004 |
|
195 |
|
|
* |
|
Abeona Therapeutics Inc. |
|
40,153 |
|
192 |
|
|
* |
|
resTORbio Inc. |
|
18,702 |
|
191 |
|
|
* |
|
Enzo Biochem Inc. |
|
56,162 |
|
189 |
|
|
* |
|
Rockwell Medical Inc. |
|
62,224 |
|
187 |
|
|
* |
|
Synlogic Inc. |
|
20,244 |
|
184 |
|
|
* |
|
Syndax Pharmaceuticals Inc. |
|
19,665 |
|
183 |
|
|
* |
|
Mersana Therapeutics Inc. |
|
44,676 |
|
181 |
|
|
*,^ |
|
Ocular Therapeutix Inc. |
|
40,756 |
|
179 |
|
|
* |
|
BioTime Inc. |
|
162,844 |
|
179 |
|
|
* |
|
Adamas Pharmaceuticals Inc. |
|
28,838 |
|
179 |
|
|
* |
|
Neuronetics Inc. |
|
14,267 |
|
178 |
|
|
*,^ |
|
Pulse Biosciences Inc. |
|
13,315 |
|
176 |
|
|
*,^ |
|
Amyris Inc. |
|
49,320 |
|
176 |
|
|
* |
|
Aldeyra Therapeutics Inc. |
|
28,973 |
|
174 |
|
|
*,^ |
|
Anavex Life Sciences Corp. |
|
51,514 |
|
174 |
|
|
* |
|
Evelo Biosciences Inc. |
|
19,293 |
|
173 |
|
|
* |
|
Kala Pharmaceuticals Inc. |
|
27,064 |
|
173 |
|
|
* |
|
Forty Seven Inc. |
|
16,000 |
|
170 |
|
|
*,^ |
|
Optinose Inc. |
|
23,893 |
|
169 |
|
|
*,^ |
|
ADMA Biologics Inc. |
|
43,548 |
|
169 |
|
|
* |
|
Alphatec Holdings Inc. |
|
36,247 |
|
165 |
|
|
* |
|
Aeglea BioTherapeutics Inc. |
|
23,954 |
|
164 |
|
|
* |
|
iRadimed Corp. |
|
7,848 |
|
160 |
|
|
* |
|
Verrica Pharmaceuticals Inc. |
|
13,707 |
|
159 |
|
|
*,^ |
|
AVEO Pharmaceuticals Inc. |
|
231,856 |
|
156 |
|
|
* |
|
Tocagen Inc. |
|
23,322 |
|
156 |
|
|
* |
|
Adaptive Biotechnologies Corp. |
|
3,213 |
|
155 |
|
|
* |
|
Cue Biopharma Inc. |
|
17,237 |
|
155 |
|
|
* |
|
Catabasis Pharmaceuticals Inc. |
|
18,921 |
|
153 |
|
|
* |
|
Capital Senior Living Corp. |
|
30,266 |
|
152 |
|
|
*,^ |
|
CASI Pharmaceuticals Inc. |
|
47,384 |
|
152 |
|
|
* |
|
Chiasma Inc. |
|
19,822 |
|
148 |
|
|
*,^ |
|
Novavax Inc. |
|
24,674 |
|
145 |
|
|
* |
|
Molecular Templates Inc. |
|
17,314 |
|
145 |
|
|
*,^ |
|
Paratek Pharmaceuticals Inc. |
|
35,594 |
|
142 |
|
|
* |
|
FONAR Corp. |
|
6,520 |
|
140 |
|
|
*,^ |
|
Verastem Inc. |
|
92,316 |
|
139 |
|
|
* |
|
Calyxt Inc. |
|
10,962 |
|
137 |
|
|
*,^ |
|
XOMA Corp. |
|
9,161 |
|
136 |
|
|
* |
|
LogicBio Therapeutics Inc. |
|
10,447 |
|
136 |
|
|
* |
|
Durect Corp. |
|
207,542 |
|
135 |
|
|
* |
|
Ardelyx Inc. |
|
49,916 |
|
134 |
|
|
* |
|
Bioxcel Therapeutics Inc. |
|
11,927 |
|
131 |
|
|
* |
|
American Renal Associates Holdings Inc. |
|
17,057 |
|
127 |
|
|
*,^ |
|
Matinas BioPharma Holdings Inc. |
|
147,324 |
|
126 |
|
|
* |
|
Infinity Pharmaceuticals Inc. |
|
69,800 |
|
126 |
|
|
* |
|
InfuSystem Holdings Inc. |
|
28,406 |
|
122 |
|
|
*,^ |
|
Trevena Inc. |
|
118,210 |
|
122 |
|
|
* |
|
Cumberland Pharmaceuticals Inc. |
|
19,021 |
|
121 |
|
|
* |
|
Solid Biosciences Inc. |
|
20,868 |
|
120 |
|
|
* |
|
Spero Therapeutics Inc. |
|
10,194 |
|
117 |
|
|
* |
|
Oncocyte Corp. |
|
46,583 |
|
116 |
|
|
* |
|
EyePoint Pharmaceuticals Inc. |
|
69,888 |
|
115 |
|
|
* |
|
Otonomy Inc. |
|
41,566 |
|
114 |
|
|
* |
|
Fulgent Genetics Inc. |
|
16,903 |
|
113 |
|
|
* |
|
Catalyst Biosciences Inc. |
|
15,278 |
|
113 |
|
|
*,^ |
|
Catasys Inc. |
|
5,790 |
|
111 |
|
|
* |
|
Neon Therapeutics Inc. |
|
23,316 |
|
111 |
|
|
* |
|
Moderna Inc. |
|
7,512 |
|
110 |
|
|
* |
|
Millendo Therapeutics Inc. |
|
9,449 |
|
109 |
|
|
* |
|
Chembio Diagnostics Inc. |
|
17,597 |
|
107 |
|
|
* |
|
Menlo Therapeutics Inc. |
|
17,712 |
|
106 |
|
|
* |
|
Novan Inc. |
|
38,991 |
|
105 |
|
|
* |
|
Selecta Biosciences Inc. |
|
58,357 |
|
104 |
|
|
* |
|
Jounce Therapeutics Inc. |
|
21,042 |
|
104 |
|
|
* |
|
Liquidia Technologies Inc. |
|
12,974 |
|
104 |
|
|
* |
|
Alimera Sciences Inc. |
|
114,589 |
|
102 |
|
|
* |
|
Aclaris Therapeutics Inc. |
|
46,289 |
|
101 |
|
|
* |
|
Merrimack Pharmaceuticals Inc. |
|
16,693 |
|
101 |
|
|
* |
|
Sesen Bio Inc. |
|
67,161 |
|
101 |
|
|
* |
|
TransMedics Group Inc. |
|
3,442 |
|
100 |
|
|
* |
|
Checkpoint Therapeutics Inc. |
|
32,676 |
|
99 |
|
|
*,^ |
|
Enochian Biosciences Inc. |
|
21,992 |
|
99 |
|
|
* |
|
Orgenesis Inc. |
|
21,184 |
|
94 |
|
|
*,^ |
|
BioSig Technologies Inc. |
|
10,003 |
|
94 |
|
|
* |
|
Cerecor Inc. |
|
17,042 |
|
93 |
|
|
* |
|
Aduro Biotech Inc. |
|
57,135 |
|
88 |
|
|
* |
|
Applied Genetic Technologies Corp. |
|
23,007 |
|
87 |
|
|
* |
|
Stoke Therapeutics Inc. |
|
2,972 |
|
87 |
|
|
* |
|
Genesis Healthcare Inc. |
|
69,665 |
|
86 |
|
|
* |
|
Bellicum Pharmaceuticals Inc. |
|
49,920 |
|
85 |
|
|
* |
|
Atreca Inc. |
|
4,485 |
|
84 |
|
|
* |
|
Mustang Bio Inc. |
|
22,844 |
|
84 |
|
|
* |
|
Kezar Life Sciences Inc. |
|
10,856 |
|
84 |
|
|
* |
|
Savara Inc. |
|
33,526 |
|
79 |
|
|
* |
|
Harvard Bioscience Inc. |
|
38,763 |
|
78 |
|
|
* |
|
Corvus Pharmaceuticals Inc. |
|
20,608 |
|
77 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
*,^ |
|
Organovo Holdings Inc. |
|
143,484 |
|
75 |
|
|
* |
|
Endologix Inc. |
|
10,333 |
|
75 |
|
|
*,^ |
|
BrainStorm Cell Therapeutics Inc. |
|
18,530 |
|
73 |
|
|
* |
|
Strata Skin Sciences Inc. |
|
29,110 |
|
72 |
|
|
* |
|
Curis Inc. |
|
37,775 |
|
70 |
|
|
*,^ |
|
PolarityTE Inc. |
|
12,318 |
|
70 |
|
|
*,^ |
|
Melinta Therapeutics Inc. |
|
10,551 |
|
70 |
|
|
* |
|
PLx Pharma Inc. |
|
9,435 |
|
68 |
|
|
* |
|
Champions Oncology Inc. |
|
8,643 |
|
68 |
|
|
*,^ |
|
Idera Pharmaceuticals Inc. |
|
24,800 |
|
66 |
|
|
*,^ |
|
T2 Biosystems Inc. |
|
39,297 |
|
66 |
|
|
* |
|
Electromed Inc. |
|
11,845 |
|
65 |
|
|
*,^ |
|
Cohbar Inc. |
|
37,148 |
|
64 |
|
|
* |
|
Sunesis Pharmaceuticals Inc. |
|
87,715 |
|
64 |
|
|
* |
|
Aquestive Therapeutics Inc. |
|
15,170 |
|
64 |
|
|
* |
|
Celsion Corp. |
|
33,970 |
|
62 |
|
|
* |
|
Sensus Healthcare Inc. |
|
11,106 |
|
62 |
|
|
* |
|
Apollo Endosurgery Inc. |
|
18,818 |
|
61 |
|
|
* |
|
Miragen Therapeutics Inc. |
|
29,825 |
|
61 |
|
|
* |
|
Synthorx Inc. |
|
4,486 |
|
61 |
|
|
* |
|
CTI BioPharma Corp. |
|
70,123 |
|
60 |
|
|
* |
|
Anixa Biosciences Inc. |
|
16,448 |
|
60 |
|
|
* |
|
Cocrystal Pharma Inc. |
|
25,000 |
|
59 |
|
|
* |
|
Unum Therapeutics Inc. |
|
22,412 |
|
59 |
|
|
* |
|
Alpine Immune Sciences Inc. |
|
13,861 |
|
58 |
|
|
*,^ |
|
Tyme Technologies Inc. |
|
46,994 |
|
57 |
|
|
*,^ |
|
Heat Biologics Inc. |
|
81,967 |
|
56 |
|
|
* |
|
Turning Point Therapeutics Inc. |
|
1,377 |
|
56 |
|
|
*,^ |
|
Adamis Pharmaceuticals Corp. |
|
42,857 |
|
56 |
|
|
* |
|
IVERIC bio Inc. |
|
42,540 |
|
55 |
|
|
*,^ |
|
Zosano Pharma Corp. |
|
16,791 |
|
55 |
|
|
* |
|
Neos Therapeutics Inc. |
|
42,186 |
|
54 |
|
|
* |
|
Quorum Health Corp. |
|
39,069 |
|
54 |
|
|
* |
|
Fortress Biotech Inc. |
|
35,728 |
|
54 |
|
|
*,^ |
|
Helius Medical Technologies Inc. Class A |
|
24,335 |
|
54 |
|
|
* |
|
Personalis Inc. |
|
1,931 |
|
52 |
|
|
* |
|
NewLink Genetics Corp. |
|
35,215 |
|
52 |
|
|
* |
|
Opiant Pharmaceuticals Inc. |
|
3,871 |
|
51 |
|
|
* |
|
Genocea Biosciences Inc. |
|
13,041 |
|
51 |
|
|
* |
|
Spring Bank Pharmaceuticals Inc. |
|
13,831 |
|
51 |
|
|
*,^ |
|
ElectroCore Inc. |
|
25,302 |
|
51 |
|
|
*,^ |
|
HTG Molecular Diagnostics Inc. |
|
30,070 |
|
50 |
|
|
|
|
Psychemedics Corp. |
|
4,821 |
|
49 |
|
|
* |
|
Allena Pharmaceuticals Inc. |
|
11,736 |
|
48 |
|
|
* |
|
Zafgen Inc. |
|
39,903 |
|
47 |
|
|
* |
|
AgeX Therapeutics Inc. |
|
12,811 |
|
47 |
|
|
*,^ |
|
Ampio Pharmaceuticals Inc. |
|
119,353 |
|
46 |
|
|
*,^ |
|
Second Sight Medical Products Inc. |
|
57,748 |
|
46 |
|
|
*,^ |
|
Proteostasis Therapeutics Inc. |
|
46,442 |
|
45 |
|
|
* |
|
Morphic Holding Inc. |
|
2,263 |
|
45 |
|
|
* |
|
Ekso Bionics Holdings Inc. |
|
34,612 |
|
44 |
|
|
*,^ |
|
SCYNEXIS Inc. |
|
32,979 |
|
43 |
|
|
* |
|
Aravive Inc. |
|
7,187 |
|
43 |
|
|
*,^ |
|
Cortexyme Inc. |
|
957 |
|
41 |
|
|
*,^ |
|
Teligent Inc. |
|
63,171 |
|
40 |
|
|
* |
|
VIVUS Inc. |
|
10,306 |
|
39 |
|
|
* |
|
Agile Therapeutics Inc. |
|
26,778 |
|
39 |
|
|
* |
|
ContraFect Corp. |
|
76,434 |
|
39 |
|
|
* |
|
Karuna Therapeutics Inc. |
|
1,938 |
|
39 |
|
|
* |
|
Precision BioSciences Inc. |
|
2,818 |
|
37 |
|
|
* |
|
AzurRx BioPharma Inc. |
|
21,962 |
|
37 |
|
|
* |
|
KemPharm Inc. |
|
20,690 |
|
36 |
|
|
*,^ |
|
Sophiris Bio Inc. |
|
41,006 |
|
35 |
|
|
* |
|
Acer Therapeutics Inc. |
|
8,874 |
|
35 |
|
|
* |
|
IRIDEX Corp. |
|
7,602 |
|
35 |
|
|
* |
|
Vermillion Inc. |
|
38,754 |
|
34 |
|
|
* |
|
Ovid therapeutics Inc. |
|
18,446 |
|
34 |
|
|
* |
|
Aerpio Pharmaceuticals Inc. |
|
36,309 |
|
33 |
|
|
* |
|
Leap Therapeutics Inc. |
|
18,179 |
|
33 |
|
|
*,^ |
|
NantKwest Inc. |
|
30,899 |
|
32 |
|
|
* |
|
Xtant Medical Holdings Inc. |
|
10,314 |
|
31 |
|
|
* |
|
Tetraphase Pharmaceuticals Inc. |
|
64,327 |
|
31 |
|
|
* |
|
Surface Oncology Inc. |
|
10,827 |
|
31 |
|
|
* |
|
Aptinyx Inc. |
|
9,067 |
|
30 |
|
|
|
|
Digirad Corp. |
|
4,349 |
|
30 |
|
|
* |
|
Prevail Therapeutics Inc. |
|
2,242 |
|
30 |
|
|
* |
|
Equillium Inc. |
|
5,211 |
|
29 |
|
|
* |
|
Bridgebio Pharma Inc. |
|
1,088 |
|
29 |
|
|
* |
|
Onconova Therapeutics Inc. |
|
10,271 |
|
29 |
|
|
* |
|
Celldex Therapeutics Inc. |
|
10,913 |
|
29 |
|
|
* |
|
Cidara Therapeutics Inc. |
|
15,960 |
|
27 |
|
|
* |
|
Restoration Robotics Inc. |
|
43,485 |
|
27 |
|
|
* |
|
Moleculin Biotech Inc. |
|
21,052 |
|
26 |
|
|
* |
|
NGM Biopharmaceuticals Inc. |
|
1,785 |
|
26 |
|
|
* |
|
NextCure Inc. |
|
1,729 |
|
26 |
|
|
* |
|
Aptevo Therapeutics Inc. |
|
28,766 |
|
26 |
|
|
*,^ |
|
Actinium Pharmaceuticals Inc. |
|
97,444 |
|
24 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Biolase Inc. |
|
16,233 |
|
24 |
|
|
* |
|
scPharmaceuticals Inc. |
|
6,800 |
|
22 |
|
|
* |
|
Aridis Pharmaceuticals Inc. |
|
1,883 |
|
19 |
|
|
* |
|
Akero Therapeutics Inc. |
|
897 |
|
17 |
|
|
* |
|
OncoSec Medical Inc. |
|
6,481 |
|
16 |
|
|
*,^ |
|
AAC Holdings Inc. |
|
17,817 |
|
15 |
|
|
* |
|
Sienna Biopharmaceuticals Inc. |
|
17,551 |
|
15 |
|
|
* |
|
Hookipa Pharma Inc. |
|
2,231 |
|
15 |
|
|
* |
|
Evoke Pharma Inc. |
|
23,836 |
|
15 |
|
|
* |
|
Axcella Health Inc. |
|
1,484 |
|
14 |
|
|
* |
|
Sutro Biopharma Inc. |
|
1,178 |
|
13 |
|
|
*,^ |
|
iBio Inc. |
|
18,910 |
|
13 |
|
|
* |
|
Viveve Medical Inc. |
|
34,304 |
|
13 |
|
|
* |
|
Tracon Pharmaceuticals Inc. |
|
18,067 |
|
12 |
|
|
* |
|
Standard Diversified Inc. |
|
631 |
|
12 |
|
|
* |
|
NanoViricides Inc. |
|
49,787 |
|
12 |
|
|
* |
|
Bellerophon Therapeutics Inc. |
|
18,401 |
|
11 |
|
|
* |
|
Ideaya Biosciences Inc. |
|
1,053 |
|
10 |
|
|
* |
|
Five Star Senior Living Inc. |
|
21,610 |
|
10 |
|
|
* |
|
Advaxis Inc. |
|
4,497 |
|
9 |
|
|
* |
|
IsoRay Inc. |
|
21,784 |
|
9 |
|
|
* |
|
Avenue Therapeutics Inc. |
|
1,400 |
|
9 |
|
|
* |
|
Conatus Pharmaceuticals Inc. |
|
33,608 |
|
9 |
|
|
* |
|
Myomo Inc. |
|
12,064 |
|
8 |
|
|
*,^ |
|
RA Medical Systems Inc. |
|
2,302 |
|
8 |
|
|
* |
|
Nobilis Health Corp. |
|
50,453 |
|
7 |
|
|
* |
|
Vical Inc. |
|
8,034 |
|
7 |
|
|
*,^ |
|
Akers Biosciences Inc. |
|
14,659 |
|
7 |
|
|
* |
|
Gemphire Therapeutics Inc. |
|
8,110 |
|
7 |
|
|
* |
|
Obalon Therapeutics Inc. |
|
9,093 |
|
6 |
|
|
* |
|
PDS Biotechnology Corp. |
|
1,049 |
|
6 |
|
|
* |
|
Navidea Biopharmaceuticals Inc. |
|
8,421 |
|
5 |
|
|
|
|
Diversicare Healthcare Services Inc. |
|
1,413 |
|
5 |
|
|
* |
|
Caladrius Biosciences Inc. |
|
2,220 |
|
5 |
|
|
* |
|
aTyr Pharma Inc. |
|
13,762 |
|
5 |
|
|
* |
|
Soleno Therapeutics Inc. |
|
1,500 |
|
4 |
|
|
* |
|
Evofem Biosciences Inc. |
|
600 |
|
4 |
|
|
*,^ |
|
PAVmed Inc. |
|
3,290 |
|
4 |
|
|
* |
|
Biomerica Inc. |
|
1,300 |
|
3 |
|
|
* |
|
Kaleido Biosciences Inc. |
|
244 |
|
3 |
|
|
*,§ |
|
Synergy Pharmaceuticals Inc. |
|
412,534 |
|
3 |
|
|
* |
|
SELLAS Life Sciences Group Inc. |
|
13,112 |
|
1 |
|
|
* |
|
Novus Therapeutics Inc. |
|
1,344 |
|
1 |
|
|
* |
|
Aethlon Medical Inc. |
|
2,632 |
|
1 |
|
|
* |
|
Outlook Therapeutics Inc. |
|
163 |
|
— |
|
|
* |
|
Genprex Inc. |
|
247 |
|
— |
|
|
*,^ |
|
BioPharmX Corp. |
|
1 |
|
— |
|
|
* |
|
Synthetic Biologics Inc. |
|
1 |
|
— |
|
|
|
|
|
|
|
|
5,077,356 |
|
|
Industrials (13.5%) |
|
|
|
|
| ||
|
|
|
Boeing Co. |
|
719,094 |
|
261,757 |
|
|
* |
|
PayPal Holdings Inc. |
|
1,493,050 |
|
170,894 |
|
|
|
|
Honeywell International Inc. |
|
976,092 |
|
170,416 |
|
|
|
|
Union Pacific Corp. |
|
955,973 |
|
161,665 |
|
|
|
|
Accenture plc Class A |
|
853,351 |
|
157,674 |
|
|
|
|
United Technologies Corp. |
|
1,154,756 |
|
150,349 |
|
|
|
|
3M Co. |
|
770,097 |
|
133,489 |
|
|
|
|
General Electric Co. |
|
11,704,292 |
|
122,895 |
|
|
|
|
Danaher Corp. |
|
859,092 |
|
122,781 |
|
|
|
|
Lockheed Martin Corp. |
|
321,400 |
|
116,842 |
|
|
|
|
Caterpillar Inc. |
|
771,095 |
|
105,093 |
|
|
|
|
United Parcel Service Inc. Class B |
|
931,074 |
|
96,152 |
|
|
|
|
Automatic Data Processing Inc. |
|
554,466 |
|
91,670 |
|
|
|
|
CSX Corp. |
|
1,034,958 |
|
80,075 |
|
|
|
|
Northrop Grumman Corp. |
|
227,495 |
|
73,506 |
|
|
|
|
Norfolk Southern Corp. |
|
358,376 |
|
71,435 |
|
|
|
|
Deere & Co. |
|
428,802 |
|
71,057 |
|
|
|
|
Raytheon Co. |
|
378,063 |
|
65,738 |
|
|
|
|
Waste Management Inc. |
|
566,145 |
|
65,316 |
|
|
|
|
General Dynamics Corp. |
|
328,419 |
|
59,713 |
|
|
|
|
Illinois Tool Works Inc. |
|
370,945 |
|
55,942 |
|
|
|
|
Emerson Electric Co. |
|
823,681 |
|
54,956 |
|
|
|
|
Fidelity National Information Services Inc. |
|
432,710 |
|
53,085 |
|
|
|
|
Sherwin-Williams Co. |
|
112,926 |
|
51,753 |
|
|
|
|
FedEx Corp. |
|
314,903 |
|
51,704 |
|
|
|
|
Roper Technologies Inc. |
|
138,927 |
|
50,883 |
|
|
* |
|
Worldpay Inc. Class A |
|
413,435 |
|
50,666 |
|
|
* |
|
Fiserv Inc. |
|
531,098 |
|
48,415 |
|
|
|
|
Eaton Corp. plc |
|
580,196 |
|
48,319 |
|
|
|
|
Johnson Controls International plc |
|
1,065,644 |
|
44,022 |
|
|
|
|
TE Connectivity Ltd. |
|
454,492 |
|
43,531 |
|
|
|
|
Ingersoll-Rand plc |
|
324,235 |
|
41,071 |
|
|
|
|
Amphenol Corp. Class A |
|
393,811 |
|
37,782 |
|
|
|
|
Paychex Inc. |
|
432,179 |
|
35,564 |
|
|
|
|
Cummins Inc. |
|
199,848 |
|
34,242 |
|
|
|
|
Global Payments Inc. |
|
212,405 |
|
34,012 |
|
|
|
|
Waste Connections Inc. |
|
353,131 |
|
33,752 |
|
|
|
|
Willis Towers Watson plc |
|
174,426 |
|
33,410 |
|
|
|
|
PACCAR Inc. |
|
464,205 |
|
33,265 |
|
|
|
|
Fortive Corp. |
|
403,755 |
|
32,914 |
|
|
* |
|
Square Inc. |
|
448,810 |
|
32,552 |
|
|
* |
|
FleetCor Technologies Inc. |
|
115,085 |
|
32,322 |
|
|
|
|
Agilent Technologies Inc. |
|
425,648 |
|
31,783 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Ball Corp. |
|
453,668 |
|
31,752 |
|
|
* |
|
TransDigm Group Inc. |
|
63,919 |
|
30,924 |
|
|
|
|
Verisk Analytics Inc. Class A |
|
207,428 |
|
30,380 |
|
|
|
|
Parker-Hannifin Corp. |
|
173,531 |
|
29,502 |
|
|
|
|
Stanley Black & Decker Inc. |
|
202,966 |
|
29,351 |
|
|
* |
|
Mettler-Toledo International Inc. |
|
33,225 |
|
27,909 |
|
|
|
|
AMETEK Inc. |
|
304,326 |
|
27,645 |
|
|
|
|
Total System Services Inc. |
|
213,688 |
|
27,410 |
|
|
* |
|
CoStar Group Inc. |
|
48,903 |
|
27,095 |
|
|
|
|
Cintas Corp. |
|
112,157 |
|
26,614 |
|
|
|
|
Rockwell Automation Inc. |
|
160,015 |
|
26,215 |
|
|
|
|
L3 Technologies Inc. |
|
105,430 |
|
25,848 |
|
|
|
|
Fastenal Co. |
|
768,304 |
|
25,039 |
|
|
|
|
Vulcan Materials Co. |
|
177,307 |
|
24,346 |
|
|
|
|
Republic Services Inc. Class A |
|
279,963 |
|
24,256 |
|
|
* |
|
Keysight Technologies Inc. |
|
251,963 |
|
22,629 |
|
|
* |
|
Waters Corp. |
|
96,509 |
|
20,773 |
|
|
|
|
Xylem Inc. |
|
241,869 |
|
20,230 |
|
|
|
|
Broadridge Financial Solutions Inc. |
|
154,930 |
|
19,781 |
|
|
* |
|
First Data Corp. Class A |
|
723,427 |
|
19,583 |
|
|
|
|
Dover Corp. |
|
194,395 |
|
19,478 |
|
|
|
|
Martin Marietta Materials Inc. |
|
84,251 |
|
19,387 |
|
|
|
|
TransUnion |
|
250,308 |
|
18,400 |
|
|
|
|
IDEX Corp. |
|
102,657 |
|
17,671 |
|
|
|
|
Expeditors International of Washington Inc. |
|
229,288 |
|
17,394 |
|
|
|
|
WW Grainger Inc. |
|
64,296 |
|
17,246 |
|
|
|
|
Textron Inc. |
|
314,266 |
|
16,669 |
|
|
|
|
Kansas City Southern |
|
135,382 |
|
16,492 |
|
|
|
|
Jacobs Engineering Group Inc. |
|
186,959 |
|
15,777 |
|
|
|
|
Masco Corp. |
|
394,999 |
|
15,500 |
|
|
|
|
CH Robinson Worldwide Inc. |
|
183,435 |
|
15,473 |
|
|
* |
|
Trimble Inc. |
|
335,970 |
|
15,156 |
|
|
* |
|
Zebra Technologies Corp. |
|
72,155 |
|
15,116 |
|
|
|
|
Wabtec Corp. |
|
209,981 |
|
15,068 |
|
|
|
|
Old Dominion Freight Line Inc. |
|
99,197 |
|
14,806 |
|
|
|
|
HEICO Corp. Class A |
|
140,471 |
|
14,520 |
|
|
|
|
PerkinElmer Inc. |
|
150,208 |
|
14,471 |
|
|
* |
|
United Rentals Inc. |
|
106,622 |
|
14,141 |
|
|
|
|
Allegion plc |
|
127,054 |
|
14,046 |
|
|
|
|
Lennox International Inc. |
|
50,767 |
|
13,961 |
|
|
|
|
Jack Henry & Associates Inc. |
|
103,730 |
|
13,892 |
|
|
|
|
Arconic Inc. |
|
529,128 |
|
13,662 |
|
|
* |
|
Teledyne Technologies Inc. |
|
45,891 |
|
12,568 |
|
|
|
|
Huntington Ingalls Industries Inc. |
|
55,812 |
|
12,543 |
|
|
|
|
Westrock Co. |
|
342,460 |
|
12,490 |
|
|
|
|
Snap-on Inc. |
|
74,335 |
|
12,313 |
|
|
* |
|
WEX Inc. |
|
57,992 |
|
12,068 |
|
|
|
|
Packaging Corp. of America |
|
126,239 |
|
12,033 |
|
|
|
|
Booz Allen Hamilton Holding Corp. Class A |
|
178,030 |
|
11,787 |
|
|
* |
|
Fair Isaac Corp. |
|
37,041 |
|
11,632 |
|
|
|
|
Spirit AeroSystems Holdings Inc. Class A |
|
141,304 |
|
11,498 |
|
|
|
|
Graco Inc. |
|
222,363 |
|
11,158 |
|
|
* |
|
Crown Holdings Inc. |
|
180,327 |
|
11,018 |
|
|
* |
|
Euronet Worldwide Inc. |
|
65,447 |
|
11,011 |
|
|
|
|
Carlisle Cos. Inc. |
|
76,862 |
|
10,792 |
|
|
* |
|
Sensata Technologies Holding plc |
|
220,248 |
|
10,792 |
|
|
|
|
JB Hunt Transport Services Inc. |
|
117,519 |
|
10,742 |
|
|
|
|
Universal Display Corp. |
|
56,887 |
|
10,698 |
|
|
|
|
Cognex Corp. |
|
217,862 |
|
10,453 |
|
|
|
|
AptarGroup Inc. |
|
83,916 |
|
10,434 |
|
|
|
|
FLIR Systems Inc. |
|
186,851 |
|
10,109 |
|
|
|
|
Nordson Corp. |
|
69,348 |
|
9,800 |
|
|
* |
|
HD Supply Holdings Inc. |
|
239,230 |
|
9,636 |
|
|
|
|
Hubbell Inc. Class B |
|
73,645 |
|
9,603 |
|
|
|
|
Flowserve Corp. |
|
176,081 |
|
9,278 |
|
|
|
|
Hexcel Corp. |
|
114,556 |
|
9,265 |
|
|
|
|
Xerox Corp. |
|
261,395 |
|
9,256 |
|
|
* |
|
Berry Global Group Inc. |
|
174,229 |
|
9,163 |
|
|
|
|
Toro Co. |
|
134,331 |
|
8,987 |
|
|
|
|
AO Smith Corp. |
|
190,497 |
|
8,984 |
|
|
|
|
Sealed Air Corp. |
|
207,649 |
|
8,883 |
|
|
|
|
Donaldson Co. Inc. |
|
171,915 |
|
8,744 |
|
|
|
|
Sonoco Products Co. |
|
133,747 |
|
8,739 |
|
|
|
|
Alliance Data Systems Corp. |
|
62,186 |
|
8,714 |
|
|
|
|
Robert Half International Inc. |
|
151,585 |
|
8,642 |
|
|
|
|
Pentair plc |
|
231,236 |
|
8,602 |
|
|
|
|
Owens Corning |
|
147,283 |
|
8,572 |
|
|
|
|
Woodward Inc. |
|
75,365 |
|
8,528 |
|
|
|
|
Genpact Ltd. |
|
215,906 |
|
8,224 |
|
|
* |
|
Arrow Electronics Inc. |
|
115,088 |
|
8,202 |
|
|
|
|
ManpowerGroup Inc. |
|
83,294 |
|
8,046 |
|
|
* |
|
AECOM |
|
210,374 |
|
7,963 |
|
|
* |
|
Genesee & Wyoming Inc. Class A |
|
78,508 |
|
7,851 |
|
|
|
|
Oshkosh Corp. |
|
93,581 |
|
7,813 |
|
|
|
|
ITT Inc. |
|
116,775 |
|
7,646 |
|
|
|
|
Quanta Services Inc. |
|
195,453 |
|
7,464 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
*,^ |
|
XPO Logistics Inc. |
|
128,502 |
|
7,429 |
|
|
|
|
Acuity Brands Inc. |
|
53,841 |
|
7,425 |
|
|
|
|
Allison Transmission Holdings Inc. |
|
156,166 |
|
7,238 |
|
|
|
|
Watsco Inc. |
|
43,410 |
|
7,099 |
|
|
|
|
National Instruments Corp. |
|
168,713 |
|
7,084 |
|
|
* |
|
IPG Photonics Corp. |
|
45,784 |
|
7,062 |
|
|
|
|
BWX Technologies Inc. |
|
132,795 |
|
6,919 |
|
|
|
|
MDU Resources Group Inc. |
|
263,029 |
|
6,786 |
|
|
|
|
Lincoln Electric Holdings Inc. |
|
81,609 |
|
6,718 |
|
|
|
|
Curtiss-Wright Corp. |
|
52,497 |
|
6,674 |
|
|
|
|
Avnet Inc. |
|
146,547 |
|
6,634 |
|
|
|
|
AGCO Corp. |
|
83,198 |
|
6,454 |
|
|
|
|
Fluor Corp. |
|
189,769 |
|
6,393 |
|
|
|
|
Insperity Inc. |
|
51,837 |
|
6,331 |
|
|
|
|
EMCOR Group Inc. |
|
71,721 |
|
6,319 |
|
|
|
|
MAXIMUS Inc. |
|
85,653 |
|
6,213 |
|
|
|
|
Armstrong World Industries Inc. |
|
63,278 |
|
6,151 |
|
|
* |
|
Gardner Denver Holdings Inc. |
|
173,868 |
|
6,016 |
|
|
* |
|
Kirby Corp. |
|
75,917 |
|
5,997 |
|
|
|
|
Jabil Inc. |
|
188,059 |
|
5,943 |
|
|
|
|
Landstar System Inc. |
|
54,753 |
|
5,913 |
|
|
* |
|
Stericycle Inc. |
|
122,054 |
|
5,828 |
|
|
|
|
Tetra Tech Inc. |
|
73,898 |
|
5,805 |
|
|
* |
|
Generac Holdings Inc. |
|
82,692 |
|
5,740 |
|
|
|
|
Crane Co. |
|
68,188 |
|
5,690 |
|
|
|
|
Littelfuse Inc. |
|
31,968 |
|
5,655 |
|
|
* |
|
Trex Co. Inc. |
|
77,957 |
|
5,590 |
|
|
|
|
Graphic Packaging Holding Co. |
|
396,828 |
|
5,548 |
|
|
* |
|
RBC Bearings Inc. |
|
33,247 |
|
5,546 |
|
|
|
|
Eagle Materials Inc. |
|
58,793 |
|
5,450 |
|
|
|
|
Knight-Swift Transportation Holdings Inc. |
|
163,476 |
|
5,369 |
|
|
|
|
nVent Electric plc |
|
214,454 |
|
5,316 |
|
|
|
|
Air Lease Corp. Class A |
|
128,196 |
|
5,300 |
|
|
|
|
Brink’s Co. |
|
64,422 |
|
5,230 |
|
|
|
|
John Bean Technologies Corp. |
|
42,537 |
|
5,153 |
|
|
* |
|
Axon Enterprise Inc. |
|
78,742 |
|
5,056 |
|
|
|
|
MSA Safety Inc. |
|
46,454 |
|
4,896 |
|
|
* |
|
Mercury Systems Inc. |
|
69,118 |
|
4,862 |
|
|
|
|
Regal Beloit Corp. |
|
58,825 |
|
4,807 |
|
|
* |
|
Clean Harbors Inc. |
|
67,410 |
|
4,793 |
|
|
|
|
Louisiana-Pacific Corp. |
|
182,265 |
|
4,779 |
|
|
|
|
KBR Inc. |
|
189,548 |
|
4,727 |
|
|
|
|
Timken Co. |
|
91,525 |
|
4,699 |
|
|
* |
|
CoreLogic Inc. |
|
107,279 |
|
4,487 |
|
|
|
|
MSC Industrial Direct Co. Inc. Class A |
|
59,882 |
|
4,447 |
|
|
* |
|
Coherent Inc. |
|
32,438 |
|
4,424 |
|
|
* |
|
FTI Consulting Inc. |
|
51,915 |
|
4,353 |
|
|
* |
|
Rogers Corp. |
|
25,005 |
|
4,315 |
|
|
* |
|
MasTec Inc. |
|
83,432 |
|
4,299 |
|
|
* |
|
Aerojet Rocketdyne Holdings Inc. |
|
95,310 |
|
4,267 |
|
|
* |
|
Rexnord Corp. |
|
141,113 |
|
4,264 |
|
|
* |
|
Allegheny Technologies Inc. |
|
168,274 |
|
4,240 |
|
|
* |
|
Novanta Inc. |
|
44,621 |
|
4,208 |
|
|
|
|
Ryder System Inc. |
|
71,672 |
|
4,178 |
|
|
|
|
Exponent Inc. |
|
70,308 |
|
4,116 |
|
|
* |
|
ASGN Inc. |
|
67,414 |
|
4,085 |
|
|
|
|
Moog Inc. Class A |
|
43,602 |
|
4,082 |
|
|
|
|
Kennametal Inc. |
|
109,619 |
|
4,055 |
|
|
|
|
GATX Corp. |
|
50,949 |
|
4,040 |
|
|
* |
|
Paylocity Holding Corp. |
|
42,326 |
|
3,971 |
|
|
* |
|
Proto Labs Inc. |
|
34,134 |
|
3,960 |
|
|
* |
|
TopBuild Corp. |
|
47,621 |
|
3,941 |
|
|
|
|
Macquarie Infrastructure Corp. |
|
97,201 |
|
3,941 |
|
|
|
|
UniFirst Corp. |
|
20,581 |
|
3,881 |
|
|
* |
|
SiteOne Landscape Supply Inc. |
|
55,393 |
|
3,839 |
|
|
* |
|
TriNet Group Inc. |
|
56,278 |
|
3,816 |
|
|
|
|
Barnes Group Inc. |
|
66,962 |
|
3,773 |
|
|
|
|
Simpson Manufacturing Co. Inc. |
|
55,071 |
|
3,660 |
|
|
* |
|
Resideo Technologies Inc. |
|
165,771 |
|
3,634 |
|
|
* |
|
Integer Holdings Corp. |
|
43,057 |
|
3,613 |
|
|
|
|
Owens-Illinois Inc. |
|
207,558 |
|
3,585 |
|
|
|
|
EnerSys |
|
52,198 |
|
3,576 |
|
|
|
|
Valmont Industries Inc. |
|
28,141 |
|
3,569 |
|
|
|
|
ABM Industries Inc. |
|
88,835 |
|
3,553 |
|
|
|
|
Watts Water Technologies Inc. Class A |
|
37,026 |
|
3,450 |
|
|
* |
|
AMN Healthcare Services Inc. |
|
62,582 |
|
3,395 |
|
|
* |
|
Beacon Roofing Supply Inc. |
|
92,126 |
|
3,383 |
|
|
|
|
Albany International Corp. Class A |
|
38,695 |
|
3,208 |
|
|
* |
|
Pluralsight Inc. Class A |
|
105,534 |
|
3,200 |
|
|
|
|
Silgan Holdings Inc. |
|
104,211 |
|
3,189 |
|
|
|
|
Applied Industrial Technologies Inc. |
|
51,577 |
|
3,174 |
|
|
|
|
Belden Inc. |
|
52,673 |
|
3,138 |
|
|
* |
|
WESCO International Inc. |
|
61,789 |
|
3,130 |
|
|
|
|
Brady Corp. Class A |
|
63,271 |
|
3,121 |
|
|
|
|
Altra Industrial Motion Corp. |
|
85,632 |
|
3,072 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Advanced Disposal Services Inc. |
|
95,289 |
|
3,041 |
|
|
|
|
World Fuel Services Corp. |
|
84,417 |
|
3,036 |
|
|
|
|
Universal Forest Products Inc. |
|
79,415 |
|
3,023 |
|
|
|
|
Trinity Industries Inc. |
|
144,150 |
|
2,991 |
|
|
|
|
Granite Construction Inc. |
|
61,929 |
|
2,984 |
|
|
* |
|
II-VI Inc. |
|
81,392 |
|
2,976 |
|
|
|
|
Korn Ferry |
|
73,776 |
|
2,956 |
|
|
* |
|
Colfax Corp. |
|
105,333 |
|
2,952 |
|
|
|
|
Vishay Intertechnology Inc. |
|
178,038 |
|
2,941 |
|
|
|
|
Otter Tail Corp. |
|
55,581 |
|
2,935 |
|
|
* |
|
Itron Inc. |
|
46,338 |
|
2,899 |
|
|
* |
|
Harsco Corp. |
|
105,242 |
|
2,888 |
|
|
* |
|
ExlService Holdings Inc. |
|
43,472 |
|
2,875 |
|
|
* |
|
Summit Materials Inc. Class A |
|
148,606 |
|
2,861 |
|
|
|
|
Terex Corp. |
|
90,648 |
|
2,846 |
|
|
|
|
Covanta Holding Corp. |
|
158,370 |
|
2,836 |
|
|
|
|
ESCO Technologies Inc. |
|
33,246 |
|
2,747 |
|
|
* |
|
Kratos Defense & Security Solutions Inc. |
|
116,779 |
|
2,673 |
|
|
* |
|
OSI Systems Inc. |
|
23,656 |
|
2,664 |
|
|
* |
|
Cimpress NV |
|
29,164 |
|
2,651 |
|
|
|
|
AAON Inc. |
|
52,106 |
|
2,615 |
|
|
* |
|
Sanmina Corp. |
|
85,643 |
|
2,593 |
|
|
* |
|
Builders FirstSource Inc. |
|
152,953 |
|
2,579 |
|
|
|
|
Cubic Corp. |
|
39,887 |
|
2,572 |
|
|
|
|
HEICO Corp. |
|
18,953 |
|
2,536 |
|
|
|
|
Triton International Ltd. |
|
77,215 |
|
2,530 |
|
|
|
|
EVERTEC Inc. |
|
76,907 |
|
2,515 |
|
|
|
|
Franklin Electric Co. Inc. |
|
52,760 |
|
2,506 |
|
|
|
|
Deluxe Corp. |
|
61,584 |
|
2,504 |
|
|
|
|
Comfort Systems USA Inc. |
|
48,866 |
|
2,492 |
|
|
* |
|
Dycom Industries Inc. |
|
41,809 |
|
2,461 |
|
|
|
|
Kaman Corp. |
|
38,539 |
|
2,455 |
|
|
* |
|
Fabrinet |
|
49,230 |
|
2,445 |
|
|
* |
|
Plexus Corp. |
|
41,647 |
|
2,431 |
|
|
|
|
ManTech International Corp. Class A |
|
36,712 |
|
2,417 |
|
|
* |
|
SPX FLOW Inc. |
|
56,357 |
|
2,359 |
|
|
* |
|
Navistar International Corp. |
|
67,136 |
|
2,313 |
|
|
|
|
Badger Meter Inc. |
|
38,628 |
|
2,306 |
|
|
* |
|
Conduent Inc. |
|
239,502 |
|
2,297 |
|
|
* |
|
Saia Inc. |
|
35,477 |
|
2,294 |
|
|
|
|
Forward Air Corp. |
|
38,541 |
|
2,280 |
|
|
* |
|
Anixter International Inc. |
|
38,115 |
|
2,276 |
|
|
* |
|
Casella Waste Systems Inc. Class A |
|
57,196 |
|
2,267 |
|
|
|
|
Federal Signal Corp. |
|
83,257 |
|
2,227 |
|
|
|
|
Tradeweb Markets Inc. Class A |
|
50,255 |
|
2,202 |
|
|
|
|
Matson Inc. |
|
56,562 |
|
2,197 |
|
|
* |
|
Knowles Corp. |
|
119,099 |
|
2,181 |
|
|
|
|
Mueller Water Products Inc. Class A |
|
219,969 |
|
2,160 |
|
|
|
|
Mueller Industries Inc. |
|
73,447 |
|
2,150 |
|
|
|
|
Actuant Corp. Class A |
|
83,738 |
|
2,078 |
|
|
|
|
McGrath RentCorp |
|
32,581 |
|
2,025 |
|
|
*,^ |
|
Verra Mobility Corp. Class A |
|
149,000 |
|
1,950 |
|
|
* |
|
TriMas Corp. |
|
62,446 |
|
1,934 |
|
|
* |
|
SPX Corp. |
|
58,176 |
|
1,921 |
|
|
* |
|
JELD-WEN Holding Inc. |
|
89,762 |
|
1,906 |
|
|
|
|
Werner Enterprises Inc. |
|
60,659 |
|
1,885 |
|
|
* |
|
Masonite International Corp. |
|
34,653 |
|
1,826 |
|
|
|
|
Helios Technologies Inc. |
|
39,015 |
|
1,811 |
|
|
* |
|
Air Transport Services Group Inc. |
|
74,058 |
|
1,807 |
|
|
* |
|
BMC Stock Holdings Inc. |
|
84,916 |
|
1,800 |
|
|
|
|
Mobile Mini Inc. |
|
58,879 |
|
1,792 |
|
|
|
|
Schneider National Inc. Class B |
|
97,914 |
|
1,786 |
|
|
* |
|
Ambarella Inc. |
|
39,992 |
|
1,765 |
|
|
* |
|
Hub Group Inc. Class A |
|
42,034 |
|
1,765 |
|
|
|
|
EnPro Industries Inc. |
|
27,487 |
|
1,755 |
|
|
|
|
ICF International Inc. |
|
23,869 |
|
1,738 |
|
|
* |
|
Gibraltar Industries Inc. |
|
42,713 |
|
1,724 |
|
|
|
|
US Ecology Inc. |
|
28,902 |
|
1,721 |
|
|
|
|
Raven Industries Inc. |
|
47,721 |
|
1,712 |
|
|
* |
|
Installed Building Products Inc. |
|
28,649 |
|
1,697 |
|
|
|
|
Rush Enterprises Inc. Class A |
|
46,165 |
|
1,686 |
|
|
* |
|
Aerovironment Inc. |
|
29,154 |
|
1,655 |
|
|
|
|
Advanced Drainage Systems Inc. |
|
48,772 |
|
1,599 |
|
|
|
|
AAR Corp. |
|
43,322 |
|
1,594 |
|
|
|
|
AZZ Inc. |
|
34,619 |
|
1,593 |
|
|
* |
|
Atkore International Group Inc. |
|
61,270 |
|
1,585 |
|
|
* |
|
Huron Consulting Group Inc. |
|
31,074 |
|
1,566 |
|
|
* |
|
Patrick Industries Inc. |
|
31,545 |
|
1,552 |
|
|
|
|
Apogee Enterprises Inc. |
|
35,714 |
|
1,551 |
|
|
|
|
Aircastle Ltd. |
|
72,380 |
|
1,539 |
|
|
|
|
Encore Wire Corp. |
|
25,956 |
|
1,520 |
|
|
|
|
Benchmark Electronics Inc. |
|
59,740 |
|
1,501 |
|
|
* |
|
Sykes Enterprises Inc. |
|
53,595 |
|
1,472 |
|
|
|
|
MTS Systems Corp. |
|
25,061 |
|
1,467 |
|
|
|
|
Greif Inc. Class A |
|
44,923 |
|
1,462 |
|
|
|
|
Boise Cascade Co. |
|
51,819 |
|
1,457 |
|
|
* |
|
CBIZ Inc. |
|
72,068 |
|
1,412 |
|
|
|
|
Triumph Group Inc. |
|
61,284 |
|
1,403 |
|
|
|
|
Tennant Co. |
|
22,772 |
|
1,394 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Atlas Air Worldwide Holdings Inc. |
|
30,738 |
|
1,372 |
|
|
* |
|
Livent Corp. |
|
197,252 |
|
1,365 |
|
|
* |
|
Cardtronics plc Class A |
|
48,965 |
|
1,338 |
|
|
|
|
Greenbrier Cos. Inc. |
|
43,917 |
|
1,335 |
|
|
* |
|
Inovalon Holdings Inc. Class A |
|
91,431 |
|
1,327 |
|
|
|
|
Methode Electronics Inc. |
|
46,395 |
|
1,325 |
|
|
|
|
Navigant Consulting Inc. |
|
56,992 |
|
1,322 |
|
|
|
|
Kadant Inc. |
|
14,327 |
|
1,301 |
|
|
* |
|
Milacron Holdings Corp. |
|
93,894 |
|
1,296 |
|
|
|
|
Alamo Group Inc. |
|
12,939 |
|
1,293 |
|
|
* |
|
TTM Technologies Inc. |
|
125,306 |
|
1,278 |
|
|
|
|
KEMET Corp. |
|
67,810 |
|
1,275 |
|
|
* |
|
FARO Technologies Inc. |
|
24,196 |
|
1,272 |
|
|
* |
|
Evo Payments Inc. Class A |
|
40,041 |
|
1,262 |
|
|
|
|
Columbus McKinnon Corp. |
|
29,917 |
|
1,256 |
|
|
|
|
Primoris Services Corp. |
|
59,842 |
|
1,252 |
|
|
* |
|
Continental Building Products Inc. |
|
47,106 |
|
1,252 |
|
|
|
|
Global Brass & Copper Holdings Inc. |
|
28,424 |
|
1,243 |
|
|
|
|
Standex International Corp. |
|
16,953 |
|
1,240 |
|
|
|
|
DMC Global Inc. |
|
19,191 |
|
1,216 |
|
|
* |
|
CIRCOR International Inc. |
|
26,187 |
|
1,205 |
|
|
|
|
H&E Equipment Services Inc. |
|
41,266 |
|
1,200 |
|
|
* |
|
Thermon Group Holdings Inc. |
|
46,689 |
|
1,198 |
|
|
* |
|
PGT Innovations Inc. |
|
71,284 |
|
1,192 |
|
|
* |
|
Astronics Corp. |
|
29,226 |
|
1,175 |
|
|
* |
|
TrueBlue Inc. |
|
52,947 |
|
1,168 |
|
|
|
|
Lindsay Corp. |
|
14,121 |
|
1,161 |
|
|
|
|
Mesa Laboratories Inc. |
|
4,736 |
|
1,157 |
|
|
|
|
Wabash National Corp. |
|
70,505 |
|
1,147 |
|
|
|
|
Douglas Dynamics Inc. |
|
28,609 |
|
1,138 |
|
|
* |
|
Everi Holdings Inc. |
|
95,359 |
|
1,138 |
|
|
|
|
AVX Corp. |
|
68,107 |
|
1,131 |
|
|
|
|
CTS Corp. |
|
40,438 |
|
1,115 |
|
|
|
|
Kelly Services Inc. Class A |
|
41,411 |
|
1,085 |
|
|
|
|
Kforce Inc. |
|
30,410 |
|
1,067 |
|
|
* |
|
US Concrete Inc. |
|
21,429 |
|
1,065 |
|
|
* |
|
NV5 Global Inc. |
|
12,984 |
|
1,057 |
|
|
|
|
Astec Industries Inc. |
|
31,456 |
|
1,024 |
|
|
* |
|
SEACOR Holdings Inc. |
|
21,252 |
|
1,010 |
|
|
|
|
Heartland Express Inc. |
|
53,964 |
|
975 |
|
|
* |
|
GMS Inc. |
|
44,275 |
|
974 |
|
|
* |
|
Parsons Corp. |
|
25,799 |
|
951 |
|
|
|
|
GrafTech International Ltd. |
|
81,838 |
|
941 |
|
|
^ |
|
ADT Inc. |
|
151,977 |
|
930 |
|
|
|
|
Multi-Color Corp. |
|
18,523 |
|
926 |
|
|
* |
|
MACOM Technology Solutions Holdings Inc. |
|
60,820 |
|
920 |
|
|
|
|
Griffon Corp. |
|
53,894 |
|
912 |
|
|
|
|
ArcBest Corp. |
|
32,326 |
|
909 |
|
|
|
|
Marten Transport Ltd. |
|
49,798 |
|
904 |
|
|
* |
|
Control4 Corp. |
|
37,988 |
|
902 |
|
|
|
|
Quanex Building Products Corp. |
|
46,860 |
|
885 |
|
|
*,^ |
|
GreenSky Inc. Class A |
|
71,603 |
|
880 |
|
|
|
|
Cass Information Systems Inc. |
|
17,860 |
|
866 |
|
|
* |
|
Echo Global Logistics Inc. |
|
41,022 |
|
856 |
|
|
|
|
National Research Corp. |
|
14,853 |
|
855 |
|
|
|
|
TTEC Holdings Inc. |
|
18,216 |
|
849 |
|
|
* |
|
Manitowoc Co. Inc. |
|
47,499 |
|
845 |
|
|
* |
|
Great Lakes Dredge & Dock Corp. |
|
75,082 |
|
829 |
|
|
|
|
Gorman-Rupp Co. |
|
25,173 |
|
826 |
|
|
|
|
Argan Inc. |
|
20,183 |
|
819 |
|
|
* |
|
Wesco Aircraft Holdings Inc. |
|
72,166 |
|
801 |
|
|
* |
|
Vicor Corp. |
|
25,691 |
|
798 |
|
|
*,^ |
|
CryoPort Inc. |
|
42,953 |
|
787 |
|
|
|
|
Myers Industries Inc. |
|
40,085 |
|
772 |
|
|
|
|
Barrett Business Services Inc. |
|
9,351 |
|
772 |
|
|
* |
|
DXP Enterprises Inc. |
|
20,343 |
|
771 |
|
|
* |
|
Veeco Instruments Inc. |
|
63,015 |
|
770 |
|
|
* |
|
Aegion Corp. Class A |
|
41,219 |
|
758 |
|
|
* |
|
MYR Group Inc. |
|
20,155 |
|
753 |
|
|
* |
|
Tutor Perini Corp. |
|
52,707 |
|
731 |
|
|
|
|
Ennis Inc. |
|
34,757 |
|
713 |
|
|
* |
|
Gates Industrial Corp. plc |
|
62,155 |
|
709 |
|
|
|
|
Heidrick & Struggles International Inc. |
|
23,574 |
|
707 |
|
|
* |
|
Ducommun Inc. |
|
15,280 |
|
689 |
|
|
* |
|
Evolent Health Inc. Class A |
|
85,698 |
|
681 |
|
|
|
|
Hyster-Yale Materials Handling Inc. |
|
12,148 |
|
671 |
|
|
* |
|
International Seaways Inc. |
|
35,330 |
|
671 |
|
|
^ |
|
Maxar Technologies Inc. |
|
83,172 |
|
650 |
|
|
|
|
Resources Connection Inc. |
|
40,620 |
|
650 |
|
|
* |
|
CAI International Inc. |
|
24,910 |
|
618 |
|
|
* |
|
Heritage-Crystal Clean Inc. |
|
22,721 |
|
598 |
|
|
* |
|
Team Inc. |
|
38,772 |
|
594 |
|
|
* |
|
Vishay Precision Group Inc. |
|
14,088 |
|
572 |
|
|
* |
|
Donnelley Financial Solutions Inc. |
|
42,518 |
|
567 |
|
|
|
|
Powell Industries Inc. |
|
14,092 |
|
535 |
|
|
|
|
Briggs & Stratton Corp. |
|
52,278 |
|
535 |
|
|
* |
|
Kimball Electronics Inc. |
|
32,644 |
|
530 |
|
|
* |
|
Cornerstone Building Brands Inc. |
|
88,054 |
|
513 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
NN Inc. |
|
52,200 |
|
509 |
|
|
|
|
B. Riley Financial Inc. |
|
24,031 |
|
501 |
|
|
|
|
Insteel Industries Inc. |
|
24,016 |
|
500 |
|
|
* |
|
Willdan Group Inc. |
|
13,352 |
|
497 |
|
|
*,^ |
|
Energy Recovery Inc. |
|
47,544 |
|
495 |
|
|
|
|
Spartan Motors Inc. |
|
43,567 |
|
477 |
|
|
|
|
NVE Corp. |
|
6,799 |
|
473 |
|
|
* |
|
Franklin Covey Co. |
|
13,741 |
|
467 |
|
|
|
|
Miller Industries Inc. |
|
14,902 |
|
458 |
|
|
* |
|
Cardlytics Inc. |
|
17,569 |
|
456 |
|
|
* |
|
Cross Country Healthcare Inc. |
|
47,406 |
|
445 |
|
|
* |
|
Sterling Construction Co. Inc. |
|
32,777 |
|
440 |
|
|
|
|
Park Electrochemical Corp. |
|
26,106 |
|
436 |
|
|
|
|
REV Group Inc. |
|
29,898 |
|
431 |
|
|
* |
|
ShotSpotter Inc. |
|
9,637 |
|
426 |
|
|
* |
|
Lydall Inc. |
|
20,717 |
|
418 |
|
|
*,^ |
|
Paysign Inc. |
|
31,081 |
|
416 |
|
|
* |
|
CECO Environmental Corp. |
|
43,080 |
|
413 |
|
|
|
|
Allied Motion Technologies Inc. |
|
10,888 |
|
413 |
|
|
* |
|
Blue Bird Corp. |
|
20,283 |
|
399 |
|
|
|
|
Crawford & Co. Class B |
|
42,832 |
|
399 |
|
|
* |
|
Napco Security Technologies Inc. |
|
13,003 |
|
386 |
|
|
|
|
Omega Flex Inc. |
|
4,874 |
|
374 |
|
|
|
|
CRA International Inc. |
|
9,730 |
|
373 |
|
|
* |
|
Northwest Pipe Co. |
|
13,840 |
|
357 |
|
|
|
|
VSE Corp. |
|
12,337 |
|
354 |
|
|
|
|
Park-Ohio Holdings Corp. |
|
10,693 |
|
348 |
|
|
* |
|
Landec Corp. |
|
36,782 |
|
345 |
|
|
* |
|
Eagle Bulk Shipping Inc. |
|
64,892 |
|
340 |
|
|
* |
|
UFP Technologies Inc. |
|
7,991 |
|
332 |
|
|
* |
|
Mistras Group Inc. |
|
22,934 |
|
330 |
|
|
* |
|
Willis Lease Finance Corp. |
|
5,611 |
|
327 |
|
|
* |
|
Foundation Building Materials Inc. |
|
17,996 |
|
320 |
|
|
|
|
Quad/Graphics Inc. |
|
40,391 |
|
319 |
|
|
* |
|
LB Foster Co. Class A |
|
10,821 |
|
296 |
|
|
^ |
|
Advanced Emissions Solutions Inc. |
|
22,693 |
|
287 |
|
|
|
|
NACCO Industries Inc. Class A |
|
5,414 |
|
281 |
|
|
|
|
Graham Corp. |
|
13,821 |
|
279 |
|
|
|
|
Daktronics Inc. |
|
45,183 |
|
279 |
|
|
* |
|
GP Strategies Corp. |
|
18,445 |
|
278 |
|
|
|
|
Hurco Cos. Inc. |
|
7,684 |
|
273 |
|
|
|
|
Universal Logistics Holdings Inc. |
|
11,966 |
|
269 |
|
|
* |
|
Radiant Logistics Inc. |
|
42,943 |
|
264 |
|
|
* |
|
Commercial Vehicle Group Inc. |
|
32,782 |
|
263 |
|
|
|
|
BG Staffing Inc. |
|
13,089 |
|
247 |
|
|
* |
|
IntriCon Corp. |
|
10,120 |
|
236 |
|
|
* |
|
IES Holdings Inc. |
|
12,444 |
|
235 |
|
|
* |
|
Covenant Transportation Group Inc. Class A |
|
15,743 |
|
232 |
|
|
|
|
United States Lime & Minerals Inc. |
|
2,772 |
|
222 |
|
|
* |
|
InnerWorkings Inc. |
|
57,943 |
|
221 |
|
|
* |
|
OptimizeRx Corp. |
|
13,645 |
|
221 |
|
|
|
|
Bel Fuse Inc. Class B |
|
12,784 |
|
219 |
|
|
* |
|
Era Group Inc. |
|
26,281 |
|
219 |
|
|
* |
|
Twin Disc Inc. |
|
14,489 |
|
219 |
|
|
* |
|
Lawson Products Inc. |
|
5,840 |
|
214 |
|
|
* |
|
Construction Partners Inc. Class A |
|
14,272 |
|
214 |
|
|
* |
|
Armstrong Flooring Inc. |
|
21,631 |
|
213 |
|
|
* |
|
Aspen Aerogels Inc. |
|
29,879 |
|
213 |
|
|
*,^ |
|
BlueLinx Holdings Inc. |
|
10,357 |
|
205 |
|
|
* |
|
PAM Transportation Services Inc. |
|
3,307 |
|
205 |
|
|
* |
|
Transcat Inc. |
|
7,708 |
|
197 |
|
|
^ |
|
EVI Industries Inc. |
|
5,076 |
|
194 |
|
|
* |
|
DHI Group Inc. |
|
52,458 |
|
187 |
|
|
* |
|
Overseas Shipholding Group Inc. Class A |
|
98,988 |
|
186 |
|
|
* |
|
Iteris Inc. |
|
34,939 |
|
181 |
|
|
* |
|
PRGX Global Inc. |
|
26,537 |
|
178 |
|
|
* |
|
CyberOptics Corp. |
|
10,865 |
|
176 |
|
|
* |
|
Daseke Inc. |
|
48,612 |
|
175 |
|
|
* |
|
Gencor Industries Inc. |
|
13,358 |
|
174 |
|
|
* |
|
Concrete Pumping Holdings Inc. |
|
33,517 |
|
172 |
|
|
* |
|
Information Services Group Inc. |
|
52,556 |
|
166 |
|
|
|
|
Eastern Co. |
|
5,925 |
|
166 |
|
|
* |
|
YRC Worldwide Inc. |
|
40,995 |
|
165 |
|
|
|
|
RR Donnelley & Sons Co. |
|
82,974 |
|
163 |
|
|
* |
|
Acacia Research Corp. |
|
53,671 |
|
159 |
|
|
*,^ |
|
Turtle Beach Corp. |
|
13,457 |
|
156 |
|
|
|
|
LSC Communications Inc. |
|
41,783 |
|
153 |
|
|
*,^ |
|
Aqua Metals Inc. |
|
89,750 |
|
150 |
|
|
* |
|
Ultralife Corp. |
|
18,241 |
|
145 |
|
|
*,^ |
|
Workhorse Group Inc. |
|
47,111 |
|
139 |
|
|
|
|
Global Water Resources Inc. |
|
13,084 |
|
137 |
|
|
* |
|
Luna Innovations Inc. |
|
30,072 |
|
135 |
|
|
* |
|
Innovative Solutions & Support Inc. |
|
25,899 |
|
132 |
|
|
|
|
LSI Industries Inc. |
|
35,837 |
|
131 |
|
|
*,^ |
|
Energous Corp. |
|
28,873 |
|
126 |
|
|
* |
|
Intevac Inc. |
|
25,788 |
|
125 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
US Xpress Enterprises Inc. Class A |
|
24,081 |
|
124 |
|
|
* |
|
NRC Group Holdings Corp. |
|
11,094 |
|
123 |
|
|
* |
|
Universal Technical Institute Inc. |
|
35,652 |
|
122 |
|
|
* |
|
UQM Technologies Inc. |
|
68,203 |
|
113 |
|
|
* |
|
StarTek Inc. |
|
13,737 |
|
112 |
|
|
*,^ |
|
ExOne Co. |
|
11,835 |
|
110 |
|
|
*,^ |
|
Forterra Inc. |
|
22,035 |
|
110 |
|
|
* |
|
Manitex International Inc. |
|
17,289 |
|
106 |
|
|
* |
|
Houston Wire & Cable Co. |
|
19,943 |
|
104 |
|
|
* |
|
FreightCar America Inc. |
|
17,784 |
|
104 |
|
|
* |
|
General Finance Corp. |
|
12,254 |
|
103 |
|
|
* |
|
Orion Group Holdings Inc. |
|
37,214 |
|
100 |
|
|
*,^ |
|
Asure Software Inc. |
|
11,989 |
|
99 |
|
|
* |
|
PFSweb Inc. |
|
23,956 |
|
97 |
|
|
* |
|
Horizon Global Corp. |
|
26,846 |
|
96 |
|
|
|
|
RF Industries Ltd. |
|
11,313 |
|
95 |
|
|
* |
|
ServiceSource International Inc. |
|
96,518 |
|
92 |
|
|
*,^ |
|
MicroVision Inc. |
|
109,463 |
|
88 |
|
|
* |
|
Huttig Building Products Inc. |
|
33,725 |
|
87 |
|
|
* |
|
Frequency Electronics Inc. |
|
7,573 |
|
86 |
|
|
|
|
Richardson Electronics Ltd. |
|
15,379 |
|
86 |
|
|
* |
|
ARC Document Solutions Inc. |
|
41,831 |
|
85 |
|
|
* |
|
Goldfield Corp. |
|
35,662 |
|
82 |
|
|
* |
|
USA Truck Inc. |
|
7,669 |
|
78 |
|
|
* |
|
Charah Solutions Inc. |
|
13,885 |
|
76 |
|
|
* |
|
CPI Aerostructures Inc. |
|
8,892 |
|
75 |
|
|
|
|
AMCON Distributing Co. |
|
746 |
|
71 |
|
|
* |
|
Coda Octopus Group Inc. |
|
5,441 |
|
71 |
|
|
* |
|
Perceptron Inc. |
|
15,787 |
|
70 |
|
|
* |
|
Broadwind Energy Inc. |
|
31,113 |
|
69 |
|
|
* |
|
Arotech Corp. |
|
34,490 |
|
69 |
|
|
* |
|
IEC Electronics Corp. |
|
10,877 |
|
68 |
|
|
* |
|
Nuvectra Corp. |
|
19,706 |
|
66 |
|
|
* |
|
Sharps Compliance Corp. |
|
18,541 |
|
66 |
|
|
*,^ |
|
Babcock & Wilcox Enterprises Inc. |
|
188,915 |
|
65 |
|
|
* |
|
Ballantyne Strong Inc. |
|
19,745 |
|
64 |
|
|
* |
|
Fuel Tech Inc. |
|
44,766 |
|
63 |
|
|
* |
|
Air T Inc. |
|
3,141 |
|
55 |
|
|
* |
|
Perma-Pipe International Holdings Inc. |
|
5,795 |
|
53 |
|
|
* |
|
Patriot Transportation Holding Inc. |
|
3,098 |
|
53 |
|
|
* |
|
Steel Connect Inc. |
|
28,541 |
|
52 |
|
|
* |
|
Research Frontiers Inc. |
|
15,220 |
|
51 |
|
|
*,^ |
|
Capstone Turbine Corp. |
|
63,915 |
|
50 |
|
|
|
|
Hudson Global Inc. |
|
3,985 |
|
50 |
|
|
* |
|
Perma-Fix Environmental Services |
|
12,584 |
|
49 |
|
|
|
|
Issuer Direct Corp. |
|
4,075 |
|
46 |
|
|
* |
|
Mayville Engineering Co. Inc. |
|
2,983 |
|
41 |
|
|
* |
|
Tecogen Inc. |
|
10,801 |
|
40 |
|
|
* |
|
Orion Energy Systems Inc. |
|
13,441 |
|
40 |
|
|
*,^ |
|
Odyssey Marine Exploration Inc. |
|
6,843 |
|
40 |
|
|
* |
|
CUI Global Inc. |
|
46,040 |
|
38 |
|
|
* |
|
Hudson Technologies Inc. |
|
43,220 |
|
37 |
|
|
* |
|
Limbach Holdings Inc. |
|
3,987 |
|
36 |
|
|
* |
|
Lincoln Educational Services Corp. |
|
13,889 |
|
32 |
|
|
* |
|
LightPath Technologies Inc. Class A |
|
35,249 |
|
32 |
|
|
*,^ |
|
Applied DNA Sciences Inc. |
|
56,734 |
|
28 |
|
|
* |
|
ASV Holdings Inc. |
|
3,612 |
|
25 |
|
|
*,^ |
|
Vertex Energy Inc. |
|
15,510 |
|
23 |
|
|
|
|
Bel Fuse Inc. Class A |
|
1,376 |
|
20 |
|
|
* |
|
ClearSign Combustion Corp. |
|
15,390 |
|
18 |
|
|
* |
|
AeroCentury Corp. |
|
2,175 |
|
16 |
|
|
|
|
Greif Inc. Class B |
|
349 |
|
15 |
|
|
* |
|
eMagin Corp. |
|
33,365 |
|
15 |
|
|
|
|
Espey Manufacturing & Electronics Corp. |
|
401 |
|
10 |
|
|
* |
|
Wireless Telecom Group Inc. |
|
5,529 |
|
9 |
|
|
* |
|
Volt Information Sciences Inc. |
|
1,894 |
|
8 |
|
|
* |
|
Air Industries Group |
|
7,737 |
|
8 |
|
|
* |
|
Payment Data Systems Inc. |
|
2,200 |
|
8 |
|
|
|
|
Ecology and Environment Inc. |
|
550 |
|
6 |
|
|
* |
|
Sigma Labs Inc. |
|
4,136 |
|
6 |
|
|
* |
|
Digital Ally Inc. |
|
3,600 |
|
5 |
|
|
* |
|
Rubicon Technology Inc. |
|
609 |
|
5 |
|
|
* |
|
Industrial Services of America Inc. |
|
5,080 |
|
5 |
|
|
* |
|
Revolution Lighting Technologies Inc. |
|
19,975 |
|
5 |
|
|
|
|
Chicago Rivet & Machine Co. |
|
123 |
|
3 |
|
|
* |
|
Taylor Devices Inc. |
|
229 |
|
2 |
|
|
* |
|
DLH Holdings Corp. |
|
400 |
|
2 |
|
|
* |
|
Sypris Solutions Inc. |
|
1,594 |
|
1 |
|
|
* |
|
Ranpak Holdings Corp. |
|
121 |
|
1 |
|
|
* |
|
Bio-key International Inc. |
|
800 |
|
1 |
|
|
* |
|
Energy Focus Inc. |
|
1,790 |
|
1 |
|
|
* |
|
Air T Inc. Warrants Exp. 06/07/2020 |
|
8,708 |
|
1 |
|
|
* |
|
GEE Group Inc. |
|
500 |
|
— |
|
|
|
|
|
|
|
|
5,335,130 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
Oil & Gas (4.7%) |
|
|
|
|
| ||
|
|
|
Exxon Mobil Corp. |
|
5,672,641 |
|
434,694 |
|
|
|
|
Chevron Corp. |
|
2,560,131 |
|
318,583 |
|
|
|
|
ConocoPhillips |
|
1,520,762 |
|
92,766 |
|
|
|
|
Schlumberger Ltd. |
|
1,862,658 |
|
74,022 |
|
|
|
|
EOG Resources Inc. |
|
775,048 |
|
72,203 |
|
|
|
|
Phillips 66 |
|
600,514 |
|
56,172 |
|
|
|
|
Kinder Morgan Inc. |
|
2,579,150 |
|
53,853 |
|
|
|
|
Marathon Petroleum Corp. |
|
918,367 |
|
51,318 |
|
|
|
|
Occidental Petroleum Corp. |
|
1,012,051 |
|
50,886 |
|
|
|
|
Valero Energy Corp. |
|
568,904 |
|
48,704 |
|
|
|
|
Anadarko Petroleum Corp. |
|
669,526 |
|
47,242 |
|
|
|
|
Williams Cos. Inc. |
|
1,624,425 |
|
45,549 |
|
|
|
|
ONEOK Inc. |
|
551,456 |
|
37,946 |
|
|
|
|
Pioneer Natural Resources Co. |
|
228,802 |
|
35,203 |
|
|
|
|
Concho Resources Inc. |
|
269,414 |
|
27,798 |
|
|
|
|
Halliburton Co. |
|
1,096,923 |
|
24,944 |
|
|
|
|
Diamondback Energy Inc. |
|
220,630 |
|
24,042 |
|
|
|
|
Hess Corp. |
|
361,371 |
|
22,972 |
|
|
* |
|
Cheniere Energy Inc. |
|
311,042 |
|
21,291 |
|
|
|
|
Baker Hughes a GE Co. Class A |
|
692,822 |
|
17,064 |
|
|
|
|
Devon Energy Corp. |
|
558,226 |
|
15,921 |
|
|
|
|
Marathon Oil Corp. |
|
1,111,749 |
|
15,798 |
|
|
|
|
Apache Corp. |
|
511,237 |
|
14,811 |
|
|
|
|
Noble Energy Inc. |
|
643,916 |
|
14,424 |
|
|
|
|
Cabot Oil & Gas Corp. |
|
579,928 |
|
13,315 |
|
|
|
|
Targa Resources Corp. |
|
307,899 |
|
12,088 |
|
|
|
|
National Oilwell Varco Inc. |
|
514,357 |
|
11,434 |
|
|
|
|
OGE Energy Corp. |
|
266,592 |
|
11,346 |
|
|
|
|
HollyFrontier Corp. |
|
205,682 |
|
9,519 |
|
|
|
|
Cimarex Energy Co. |
|
128,127 |
|
7,602 |
|
|
|
|
Helmerich & Payne Inc. |
|
139,037 |
|
7,038 |
|
|
* |
|
Parsley Energy Inc. Class A |
|
356,592 |
|
6,779 |
|
|
* |
|
WPX Energy Inc. |
|
562,522 |
|
6,475 |
|
|
* |
|
First Solar Inc. |
|
97,716 |
|
6,418 |
|
|
|
|
Murphy Oil Corp. |
|
219,887 |
|
5,420 |
|
|
|
|
EQT Corp. |
|
340,521 |
|
5,384 |
|
|
|
|
Equitrans Midstream Corp. |
|
271,619 |
|
5,354 |
|
|
* |
|
Continental Resources Inc. |
|
126,712 |
|
5,333 |
|
|
* |
|
Transocean Ltd. |
|
775,871 |
|
4,973 |
|
|
|
|
PBF Energy Inc. Class A |
|
144,909 |
|
4,536 |
|
|
|
|
Antero Midstream Corp. |
|
388,472 |
|
4,452 |
|
|
|
|
Delek US Holdings Inc. |
|
104,757 |
|
4,245 |
|
|
* |
|
Chart Industries Inc. |
|
47,242 |
|
3,632 |
|
|
* |
|
Apergy Corp. |
|
104,667 |
|
3,511 |
|
|
* |
|
PDC Energy Inc. |
|
89,514 |
|
3,228 |
|
|
*,^ |
|
Chesapeake Energy Corp. |
|
1,640,240 |
|
3,198 |
|
|
|
|
Patterson-UTI Energy Inc. |
|
273,406 |
|
3,147 |
|
|
|
|
Core Laboratories NV |
|
58,692 |
|
3,068 |
|
|
* |
|
Matador Resources Co. |
|
142,021 |
|
2,823 |
|
|
* |
|
Oceaneering International Inc. |
|
134,031 |
|
2,733 |
|
|
* |
|
Oasis Petroleum Inc. |
|
428,514 |
|
2,434 |
|
|
* |
|
Southwestern Energy Co. |
|
765,660 |
|
2,419 |
|
|
* |
|
Dril-Quip Inc. |
|
49,329 |
|
2,368 |
|
|
* |
|
ProPetro Holding Corp. |
|
114,199 |
|
2,364 |
|
|
|
|
Range Resources Corp. |
|
335,983 |
|
2,345 |
|
|
* |
|
QEP Resources Inc. |
|
320,929 |
|
2,320 |
|
|
* |
|
Whiting Petroleum Corp. |
|
122,341 |
|
2,285 |
|
|
* |
|
McDermott International Inc. |
|
234,116 |
|
2,262 |
|
|
^ |
|
Ensco Rowan plc Class A |
|
263,263 |
|
2,246 |
|
|
|
|
Arcosa Inc. |
|
58,670 |
|
2,208 |
|
|
*,^ |
|
Enphase Energy Inc. |
|
119,805 |
|
2,184 |
|
|
* |
|
NOW Inc. |
|
146,863 |
|
2,168 |
|
|
* |
|
Cactus Inc. Class A |
|
61,922 |
|
2,051 |
|
|
* |
|
Callon Petroleum Co. |
|
308,828 |
|
2,035 |
|
|
|
|
CVR Energy Inc. |
|
40,552 |
|
2,027 |
|
|
|
|
SM Energy Co. |
|
152,395 |
|
1,908 |
|
|
* |
|
Centennial Resource Development Inc. Class A |
|
250,797 |
|
1,904 |
|
|
* |
|
MRC Global Inc. |
|
109,285 |
|
1,871 |
|
|
|
|
Archrock Inc. |
|
169,341 |
|
1,795 |
|
|
* |
|
Antero Resources Corp. |
|
314,428 |
|
1,739 |
|
|
*,^ |
|
Magnolia Oil & Gas Corp. Class A |
|
148,847 |
|
1,724 |
|
|
* |
|
SRC Energy Inc. |
|
332,133 |
|
1,647 |
|
|
* |
|
Helix Energy Solutions Group Inc. |
|
184,745 |
|
1,594 |
|
|
* |
|
CNX Resources Corp. |
|
197,987 |
|
1,447 |
|
|
* |
|
Oil States International Inc. |
|
76,869 |
|
1,407 |
|
|
|
|
SemGroup Corp. Class A |
|
107,389 |
|
1,289 |
|
|
|
|
Nabors Industries Ltd. |
|
439,751 |
|
1,275 |
|
|
*,^ |
|
California Resources Corp. |
|
60,049 |
|
1,182 |
|
|
* |
|
Carrizo Oil & Gas Inc. |
|
107,606 |
|
1,078 |
|
|
* |
|
Gulfport Energy Corp. |
|
208,143 |
|
1,022 |
|
|
*,^ |
|
Tellurian Inc. |
|
127,289 |
|
999 |
|
|
* |
|
Par Pacific Holdings Inc. |
|
46,979 |
|
964 |
|
|
* |
|
Tidewater Inc. |
|
40,783 |
|
958 |
|
|
* |
|
C&J Energy Services Inc. |
|
78,504 |
|
925 |
|
|
*,^ |
|
SunPower Corp. Class A |
|
86,309 |
|
923 |
|
|
|
|
Berry Petroleum Corp. |
|
82,330 |
|
873 |
|
|
* |
|
Select Energy Services Inc. Class A |
|
74,064 |
|
860 |
|
|
* |
|
TPI Composites Inc. |
|
33,771 |
|
835 |
|
|
* |
|
Newpark Resources Inc. |
|
110,911 |
|
823 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Renewable Energy Group Inc. |
|
49,287 |
|
782 |
|
|
|
|
Liberty Oilfield Services Inc. Class A |
|
46,896 |
|
759 |
|
|
* |
|
Denbury Resources Inc. |
|
598,737 |
|
742 |
|
|
*,^ |
|
Diamond Offshore Drilling Inc. |
|
79,654 |
|
706 |
|
|
* |
|
Northern Oil and Gas Inc. |
|
363,022 |
|
701 |
|
|
*,^ |
|
National Energy Services Reunited Corp. |
|
80,004 |
|
696 |
|
|
* |
|
Brigham Minerals Inc. |
|
32,370 |
|
695 |
|
|
*,^ |
|
Plug Power Inc. |
|
298,659 |
|
672 |
|
|
*,^ |
|
Extraction Oil & Gas Inc. |
|
152,129 |
|
659 |
|
|
* |
|
Laredo Petroleum Inc. |
|
223,638 |
|
649 |
|
|
* |
|
Matrix Service Co. |
|
31,851 |
|
645 |
|
|
* |
|
Jagged Peak Energy Inc. |
|
74,098 |
|
613 |
|
|
* |
|
Talos Energy Inc. |
|
25,348 |
|
610 |
|
|
* |
|
Noble Corp. plc |
|
316,009 |
|
591 |
|
|
* |
|
Unit Corp. |
|
65,238 |
|
580 |
|
|
* |
|
Exterran Corp. |
|
40,659 |
|
578 |
|
|
* |
|
W&T Offshore Inc. |
|
114,266 |
|
567 |
|
|
|
|
Green Plains Inc. |
|
51,095 |
|
551 |
|
|
* |
|
KLX Energy Services Holdings Inc. |
|
26,382 |
|
539 |
|
|
* |
|
REX American Resources Corp. |
|
7,367 |
|
537 |
|
|
|
|
RPC Inc. |
|
72,804 |
|
525 |
|
|
|
|
Solaris Oilfield Infrastructure Inc. Class A |
|
34,387 |
|
515 |
|
|
* |
|
Penn Virginia Corp. |
|
16,554 |
|
508 |
|
|
* |
|
Bonanza Creek Energy Inc. |
|
23,167 |
|
484 |
|
|
|
|
Falcon Minerals Corp. |
|
45,982 |
|
386 |
|
|
* |
|
SEACOR Marine Holdings Inc. |
|
25,812 |
|
386 |
|
|
* |
|
Keane Group Inc. |
|
57,354 |
|
385 |
|
|
* |
|
Forum Energy Technologies Inc. |
|
109,759 |
|
375 |
|
|
* |
|
Nine Energy Service Inc. |
|
20,403 |
|
354 |
|
|
* |
|
Ameresco Inc. Class A |
|
21,679 |
|
319 |
|
|
* |
|
Green Brick Partners Inc. |
|
36,354 |
|
302 |
|
|
* |
|
SandRidge Energy Inc. |
|
43,574 |
|
302 |
|
|
* |
|
Altus Midstream Co. Class A |
|
77,115 |
|
287 |
|
|
* |
|
FTS International Inc. |
|
49,145 |
|
274 |
|
|
* |
|
Superior Energy Services Inc. |
|
204,939 |
|
266 |
|
|
* |
|
TETRA Technologies Inc. |
|
160,278 |
|
261 |
|
|
* |
|
HighPoint Resources Corp. |
|
141,690 |
|
258 |
|
|
|
|
Panhandle Oil and Gas Inc. Class A |
|
18,872 |
|
246 |
|
|
|
|
Evolution Petroleum Corp. |
|
34,236 |
|
245 |
|
|
* |
|
Natural Gas Services Group Inc. |
|
14,793 |
|
244 |
|
|
* |
|
Trecora Resources |
|
25,502 |
|
244 |
|
|
* |
|
Ring Energy Inc. |
|
74,978 |
|
244 |
|
|
* |
|
Abraxas Petroleum Corp. |
|
226,495 |
|
233 |
|
|
* |
|
Geospace Technologies Corp. |
|
15,385 |
|
232 |
|
|
* |
|
American Superconductor Corp. |
|
24,464 |
|
227 |
|
|
* |
|
Flotek Industries Inc. |
|
64,587 |
|
214 |
|
|
* |
|
Goodrich Petroleum Corp. |
|
14,690 |
|
191 |
|
|
*,^ |
|
Chaparral Energy Inc. Class A |
|
36,836 |
|
173 |
|
|
* |
|
US Well Services Inc. |
|
32,839 |
|
158 |
|
|
* |
|
Midstates Petroleum Co. Inc. |
|
26,028 |
|
153 |
|
|
*,^ |
|
Comstock Resources Inc. |
|
25,904 |
|
144 |
|
|
* |
|
Earthstone Energy Inc. Class A |
|
23,011 |
|
141 |
|
|
* |
|
Isramco Inc. |
|
1,100 |
|
130 |
|
|
|
|
Mammoth Energy Services Inc. |
|
18,291 |
|
126 |
|
|
* |
|
SilverBow Resources Inc. |
|
8,359 |
|
116 |
|
|
* |
|
Gulf Island Fabrication Inc. |
|
14,914 |
|
106 |
|
|
* |
|
ION Geophysical Corp. |
|
12,891 |
|
104 |
|
|
* |
|
VAALCO Energy Inc. |
|
58,039 |
|
97 |
|
|
* |
|
Montage Resources Corp. |
|
15,315 |
|
93 |
|
|
* |
|
American Resources Corp. Class A |
|
31,283 |
|
92 |
|
|
* |
|
Covia Holdings Corp. |
|
46,626 |
|
91 |
|
|
* |
|
Roan Resources Inc. |
|
52,334 |
|
91 |
|
|
* |
|
Independence Contract Drilling Inc. |
|
54,573 |
|
86 |
|
|
* |
|
Ranger Energy Services Inc. |
|
10,210 |
|
82 |
|
|
*,^ |
|
Torchlight Energy Resources Inc. |
|
56,117 |
|
80 |
|
|
* |
|
Dawson Geophysical Co. |
|
29,862 |
|
75 |
|
|
|
|
Adams Resources & Energy Inc. |
|
2,078 |
|
71 |
|
|
* |
|
Mitcham Industries Inc. |
|
16,416 |
|
65 |
|
|
*,^ |
|
Hornbeck Offshore Services Inc. |
|
48,944 |
|
61 |
|
|
*,^ |
|
Smart Sand Inc. |
|
24,644 |
|
60 |
|
|
* |
|
NCS Multistage Holdings Inc. |
|
16,701 |
|
59 |
|
|
* |
|
Basic Energy Services Inc. |
|
29,018 |
|
55 |
|
|
* |
|
Contango Oil & Gas Co. |
|
30,210 |
|
53 |
|
|
*,^ |
|
Ultra Petroleum Corp. |
|
249,859 |
|
45 |
|
|
* |
|
Pacific Ethanol Inc. |
|
56,982 |
|
44 |
|
|
* |
|
Lonestar Resources US Inc. Class A |
|
17,103 |
|
39 |
|
|
*,^ |
|
Halcon Resources Corp. |
|
191,302 |
|
34 |
|
|
*,^ |
|
CARBO Ceramics Inc. |
|
24,842 |
|
34 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
*,^ |
|
Lilis Energy Inc. |
|
49,026 |
|
30 |
|
|
*,^ |
|
Key Energy Services Inc. |
|
11,511 |
|
26 |
|
|
* |
|
Parker Drilling Co. |
|
1,232 |
|
25 |
|
|
* |
|
Quintana Energy Services Inc. |
|
15,295 |
|
25 |
|
|
*,^ |
|
Pioneer Energy Services Corp. |
|
90,453 |
|
23 |
|
|
*,^ |
|
Zion Oil & Gas Inc. |
|
67,755 |
|
23 |
|
|
*,^ |
|
Approach Resources Inc. |
|
63,353 |
|
18 |
|
|
* |
|
Infrastructure and Energy Alternatives Inc. |
|
7,696 |
|
16 |
|
|
*,^ |
|
Alta Mesa Resources Inc. Class A |
|
103,408 |
|
15 |
|
|
* |
|
Superior Drilling Products Inc. |
|
13,687 |
|
14 |
|
|
*,^ |
|
Enservco Corp. |
|
27,027 |
|
10 |
|
|
* |
|
PrimeEnergy Resources Corp. |
|
63 |
|
8 |
|
|
* |
|
Rosehill Resources Inc. Class A |
|
1,902 |
|
7 |
|
|
*,^ |
|
FuelCell Energy Inc. |
|
20,013 |
|
3 |
|
|
*,^ |
|
Aemetis Inc. |
|
2,872 |
|
2 |
|
|
* |
|
Talos Energy Inc. Warrants Exp. 02/28/2021 |
|
725 |
|
1 |
|
|
*,^ |
|
Houston American Energy Corp. |
|
6,100 |
|
1 |
|
|
*,^,§ |
|
Bonanza Creek Energy Inc. Warrants Exp. 04/28/2020 |
|
7,759 |
|
— |
|
|
*,^,§ |
|
Harvest Natural Resources Inc. |
|
27,025 |
|
— |
|
|
*,§ |
|
Jones Energy Inc. Class A |
|
1 |
|
— |
|
|
|
|
|
|
|
|
1,864,399 |
|
|
Other (0.0%)2 |
|
|
|
|
| ||
|
*,§ |
|
Herbalife Ltd. CVR |
|
15,650 |
|
152 |
|
|
*,§ |
|
Tobira Therapeutics CVR Exp. 12/31/2028 |
|
4,500 |
|
20 |
|
|
*,§ |
|
Ambit Biosciences Corp. CVR |
|
29,736 |
|
18 |
|
|
*,§ |
|
A Schulman Inc. CVR |
|
40,279 |
|
17 |
|
|
*,§ |
|
NewStar Financial Inc. CVR |
|
36,657 |
|
10 |
|
|
*,§ |
|
OncoMed Pharmaceuticals Inc. CVR |
|
31,662 |
|
9 |
|
|
* |
|
Babcock & Wilcox Enterprises Inc. Rights Exp. 07/18/2019 |
|
188,915 |
|
8 |
|
|
*,§ |
|
Media General Inc. CVR |
|
175,133 |
|
7 |
|
|
*,§ |
|
Corium CVR |
|
34,910 |
|
6 |
|
|
*,§ |
|
Alexza Pharmaceuticals Inc. CVR |
|
80,591 |
|
3 |
|
|
*,§ |
|
OncoMed Pharmaceuticals Inc. CVR (XNGS) |
|
31,662 |
|
— |
|
|
*,§ |
|
Clinical Data CVR |
|
29,879 |
|
— |
|
|
*,^,§ |
|
Biosante Pharmaceutical Inc. CVR |
|
156,953 |
|
— |
|
|
*,§ |
|
Adolor Corp. Rights Exp. 07/01/2019 |
|
126,930 |
|
— |
|
|
* |
|
Kadmon Warrants Exp. 09/29/2022 |
|
25,728 |
|
— |
|
|
|
|
|
|
|
|
250 |
|
|
Technology (20.3%) |
|
|
|
|
| ||
|
|
|
Microsoft Corp. |
|
10,281,796 |
|
1,377,349 |
|
|
|
|
Apple Inc. |
|
5,564,328 |
|
1,101,292 |
|
|
* |
|
Facebook Inc. Class A |
|
3,225,318 |
|
622,486 |
|
|
* |
|
Alphabet Inc. Class A |
|
400,228 |
|
433,367 |
|
|
* |
|
Alphabet Inc. Class C |
|
398,971 |
|
431,252 |
|
|
|
|
Cisco Systems Inc. |
|
5,789,005 |
|
316,832 |
|
|
|
|
Intel Corp. |
|
6,025,151 |
|
288,424 |
|
|
* |
|
Adobe Inc. |
|
653,442 |
|
192,537 |
|
|
|
|
Oracle Corp. |
|
3,026,189 |
|
172,402 |
|
|
|
|
International Business Machines Corp. |
|
1,203,673 |
|
165,987 |
|
|
* |
|
salesforce.com Inc. |
|
985,118 |
|
149,472 |
|
|
|
|
Texas Instruments Inc. |
|
1,274,862 |
|
146,303 |
|
|
|
|
Broadcom Inc. |
|
504,287 |
|
145,164 |
|
|
|
|
NVIDIA Corp. |
|
776,545 |
|
127,532 |
|
|
|
|
QUALCOMM Inc. |
|
1,627,296 |
|
123,788 |
|
|
|
|
Intuit Inc. |
|
330,264 |
|
86,308 |
|
|
* |
|
ServiceNow Inc. |
|
249,301 |
|
68,451 |
|
|
* |
|
Micron Technology Inc. |
|
1,484,169 |
|
57,274 |
|
|
|
|
Applied Materials Inc. |
|
1,269,290 |
|
57,004 |
|
|
|
|
Analog Devices Inc. |
|
493,815 |
|
55,737 |
|
|
|
|
Cognizant Technology Solutions Corp. Class A |
|
770,734 |
|
48,857 |
|
|
* |
|
Autodesk Inc. |
|
293,898 |
|
47,876 |
|
|
* |
|
Workday Inc. Class A |
|
216,888 |
|
44,588 |
|
|
|
|
HP Inc. |
|
2,062,072 |
|
42,870 |
|
|
* |
|
Red Hat Inc. |
|
224,545 |
|
42,161 |
|
|
|
|
Xilinx Inc. |
|
339,386 |
|
40,020 |
|
|
* |
|
Advanced Micro Devices Inc. |
|
1,303,027 |
|
39,573 |
|
|
|
|
Lam Research Corp. |
|
204,531 |
|
38,419 |
|
|
|
|
Motorola Solutions Inc. |
|
219,856 |
|
36,657 |
|
|
|
|
Corning Inc. |
|
1,056,472 |
|
35,107 |
|
|
* |
|
Twitter Inc. |
|
976,451 |
|
34,078 |
|
|
|
|
Harris Corp. |
|
160,358 |
|
30,329 |
|
|
|
|
Cerner Corp. |
|
412,652 |
|
30,247 |
|
|
* |
|
VeriSign Inc. |
|
144,428 |
|
30,209 |
|
|
* |
|
Veeva Systems Inc. Class A |
|
173,892 |
|
28,190 |
|
|
|
|
Hewlett Packard Enterprise Co. |
|
1,849,002 |
|
27,643 |
|
|
|
|
Microchip Technology Inc. |
|
318,280 |
|
27,595 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
Cadence Design Systems Inc. |
|
377,938 |
|
26,762 |
|
|
* |
|
Synopsys Inc. |
|
202,690 |
|
26,084 |
|
|
|
|
KLA-Tencor Corp. |
|
219,044 |
|
25,891 |
|
|
* |
|
Splunk Inc. |
|
202,313 |
|
25,441 |
|
|
* |
|
Palo Alto Networks Inc. |
|
121,037 |
|
24,662 |
|
|
* |
|
IAC/InterActiveCorp |
|
106,299 |
|
23,123 |
|
|
* |
|
ANSYS Inc. |
|
111,760 |
|
22,891 |
|
|
|
|
CDW Corp. |
|
201,162 |
|
22,329 |
|
|
|
|
Maxim Integrated Products Inc. |
|
367,664 |
|
21,994 |
|
|
|
|
NetApp Inc. |
|
330,813 |
|
20,411 |
|
|
* |
|
Twilio Inc. Class A |
|
149,183 |
|
20,341 |
|
|
|
|
Marvell Technology Group Ltd. |
|
839,004 |
|
20,027 |
|
|
|
|
DXC Technology Co. |
|
360,277 |
|
19,869 |
|
|
* |
|
Gartner Inc. |
|
115,839 |
|
18,643 |
|
|
* |
|
Arista Networks Inc. |
|
71,127 |
|
18,466 |
|
|
|
|
Skyworks Solutions Inc. |
|
232,982 |
|
18,003 |
|
|
|
|
Symantec Corp. |
|
813,642 |
|
17,705 |
|
|
|
|
Western Digital Corp. |
|
371,275 |
|
17,654 |
|
|
|
|
VMware Inc. Class A |
|
103,584 |
|
17,320 |
|
|
* |
|
Okta Inc. |
|
140,182 |
|
17,314 |
|
|
* |
|
Tableau Software Inc. Class A |
|
101,734 |
|
16,890 |
|
|
* |
|
Akamai Technologies Inc. |
|
207,343 |
|
16,616 |
|
|
* |
|
GoDaddy Inc. Class A |
|
234,427 |
|
16,445 |
|
|
|
|
SS&C Technologies Holdings Inc. |
|
285,319 |
|
16,437 |
|
|
|
|
Seagate Technology plc |
|
339,697 |
|
16,007 |
|
|
|
|
Leidos Holdings Inc. |
|
195,937 |
|
15,646 |
|
|
|
|
Citrix Systems Inc. |
|
158,412 |
|
15,547 |
|
|
* |
|
Paycom Software Inc. |
|
68,085 |
|
15,436 |
|
|
* |
|
Fortinet Inc. |
|
194,100 |
|
14,913 |
|
|
* |
|
Snap Inc. |
|
936,724 |
|
13,395 |
|
|
* |
|
Zendesk Inc. |
|
149,453 |
|
13,306 |
|
|
* |
|
PTC Inc. |
|
143,201 |
|
12,854 |
|
|
|
|
Juniper Networks Inc. |
|
462,937 |
|
12,328 |
|
|
* |
|
EPAM Systems Inc. |
|
68,887 |
|
11,924 |
|
|
* |
|
F5 Networks Inc. |
|
79,878 |
|
11,633 |
|
|
* |
|
Aspen Technology Inc. |
|
93,500 |
|
11,620 |
|
|
|
|
Teradyne Inc. |
|
240,458 |
|
11,520 |
|
|
* |
|
Black Knight Inc. |
|
190,682 |
|
11,470 |
|
|
* |
|
ON Semiconductor Corp. |
|
548,928 |
|
11,094 |
|
|
* |
|
Guidewire Software Inc. |
|
108,432 |
|
10,993 |
|
|
* |
|
Qorvo Inc. |
|
164,704 |
|
10,971 |
|
|
|
|
Cypress Semiconductor Corp. |
|
483,315 |
|
10,749 |
|
|
* |
|
Coupa Software Inc. |
|
83,896 |
|
10,622 |
|
|
* |
|
Dell Technologies Inc. |
|
207,846 |
|
10,559 |
|
|
* |
|
Tyler Technologies Inc. |
|
48,809 |
|
10,544 |
|
|
* |
|
RingCentral Inc. Class A |
|
91,346 |
|
10,497 |
|
|
* |
|
HubSpot Inc. |
|
52,446 |
|
8,943 |
|
|
* |
|
Proofpoint Inc. |
|
73,737 |
|
8,867 |
|
|
* |
|
Ciena Corp. |
|
208,775 |
|
8,587 |
|
|
|
|
CDK Global Inc. |
|
167,241 |
|
8,268 |
|
|
* |
|
Cree Inc. |
|
139,677 |
|
7,847 |
|
|
*,^ |
|
MongoDB Inc. |
|
48,094 |
|
7,315 |
|
|
* |
|
Medidata Solutions Inc. |
|
78,392 |
|
7,095 |
|
|
|
|
Monolithic Power Systems Inc. |
|
51,641 |
|
7,012 |
|
|
* |
|
DocuSign Inc. Class A |
|
140,270 |
|
6,973 |
|
|
* |
|
CACI International Inc. Class A |
|
33,564 |
|
6,867 |
|
|
|
|
Entegris Inc. |
|
181,252 |
|
6,764 |
|
|
* |
|
Alteryx Inc. Class A |
|
57,970 |
|
6,326 |
|
|
* |
|
RealPage Inc. |
|
106,706 |
|
6,280 |
|
|
* |
|
ViaSat Inc. |
|
76,717 |
|
6,200 |
|
|
|
|
Science Applications International Corp. |
|
71,193 |
|
6,162 |
|
|
* |
|
Anaplan Inc. |
|
121,858 |
|
6,150 |
|
|
* |
|
Nuance Communications Inc. |
|
381,885 |
|
6,099 |
|
|
* |
|
Manhattan Associates Inc. |
|
87,233 |
|
6,048 |
|
|
* |
|
Silicon Laboratories Inc. |
|
58,269 |
|
6,025 |
|
|
* |
|
Dropbox Inc. Class A |
|
240,113 |
|
6,015 |
|
|
* |
|
Zscaler Inc. |
|
77,027 |
|
5,903 |
|
|
* |
|
Smartsheet Inc. Class A |
|
117,336 |
|
5,679 |
|
|
* |
|
Teradata Corp. |
|
157,889 |
|
5,660 |
|
|
|
|
j2 Global Inc. |
|
63,490 |
|
5,644 |
|
|
* |
|
New Relic Inc. |
|
65,176 |
|
5,638 |
|
|
|
|
MKS Instruments Inc. |
|
72,074 |
|
5,614 |
|
|
* |
|
Lumentum Holdings Inc. |
|
101,916 |
|
5,443 |
|
|
|
|
Blackbaud Inc. |
|
65,119 |
|
5,437 |
|
|
|
|
SYNNEX Corp. |
|
54,769 |
|
5,389 |
|
|
* |
|
Tech Data Corp. |
|
50,227 |
|
5,254 |
|
|
* |
|
Slack Technologies Inc. Class A |
|
137,065 |
|
5,140 |
|
|
* |
|
ACI Worldwide Inc. |
|
149,546 |
|
5,135 |
|
|
|
|
LogMeIn Inc. |
|
68,129 |
|
5,020 |
|
|
^ |
|
Match Group Inc. |
|
74,571 |
|
5,016 |
|
|
* |
|
Avalara Inc. |
|
69,054 |
|
4,986 |
|
|
* |
|
NCR Corp. |
|
158,408 |
|
4,926 |
|
|
* |
|
Nutanix Inc. |
|
185,638 |
|
4,815 |
|
|
* |
|
Ceridian HCM Holding Inc. |
|
94,141 |
|
4,726 |
|
|
* |
|
Verint Systems Inc. |
|
86,848 |
|
4,671 |
|
|
* |
|
Envestnet Inc. |
|
66,280 |
|
4,532 |
|
|
* |
|
Cornerstone OnDemand Inc. |
|
77,535 |
|
4,492 |
|
|
* |
|
Pure Storage Inc. Class A |
|
291,531 |
|
4,452 |
|
|
|
|
Perspecta Inc. |
|
185,313 |
|
4,338 |
|
|
* |
|
Q2 Holdings Inc. |
|
56,390 |
|
4,306 |
|
|
* |
|
Semtech Corp. |
|
88,613 |
|
4,258 |
|
|
|
|
Cabot Microelectronics Corp. |
|
38,639 |
|
4,253 |
|
|
* |
|
Everbridge Inc. |
|
47,141 |
|
4,215 |
|
|
* |
|
FireEye Inc. |
|
282,852 |
|
4,189 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
* |
|
CommScope Holding Co. Inc. |
|
258,831 |
|
4,071 |
|
|
* |
|
Viavi Solutions Inc. |
|
302,833 |
|
4,025 |
|
|
* |
|
Qualys Inc. |
|
45,503 |
|
3,962 |
|
|
* |
|
Five9 Inc. |
|
75,246 |
|
3,859 |
|
|
|
|
Pegasystems Inc. |
|
53,236 |
|
3,791 |
|
|
* |
|
Rapid7 Inc. |
|
65,082 |
|
3,764 |
|
|
* |
|
Finisar Corp. |
|
158,254 |
|
3,619 |
|
|
|
|
Brooks Automation Inc. |
|
90,911 |
|
3,523 |
|
|
* |
|
Cirrus Logic Inc. |
|
80,489 |
|
3,517 |
|
|
* |
|
Premier Inc. Class A |
|
85,322 |
|
3,337 |
|
|
*,^ |
|
Pinterest Inc. Class A |
|
122,449 |
|
3,333 |
|
|
|
|
Cogent Communications Holdings Inc. |
|
55,704 |
|
3,307 |
|
|
* |
|
2U Inc. |
|
84,676 |
|
3,187 |
|
|
* |
|
Box Inc. |
|
173,663 |
|
3,058 |
|
|
* |
|
Advanced Energy Industries Inc. |
|
52,645 |
|
2,962 |
|
|
* |
|
Blackline Inc. |
|
54,904 |
|
2,938 |
|
|
|
|
Power Integrations Inc. |
|
36,053 |
|
2,891 |
|
|
* |
|
Allscripts Healthcare Solutions Inc. |
|
243,817 |
|
2,836 |
|
|
* |
|
Inphi Corp. |
|
56,412 |
|
2,826 |
|
|
* |
|
Insight Enterprises Inc. |
|
48,247 |
|
2,808 |
|
|
* |
|
EchoStar Corp. Class A |
|
63,222 |
|
2,802 |
|
|
|
|
InterDigital Inc. |
|
43,346 |
|
2,791 |
|
|
* |
|
CommVault Systems Inc. |
|
55,866 |
|
2,772 |
|
|
* |
|
PROS Holdings Inc. |
|
43,111 |
|
2,727 |
|
|
* |
|
Elastic NV |
|
35,790 |
|
2,672 |
|
|
* |
|
Workiva Inc. |
|
45,649 |
|
2,652 |
|
|
|
|
Progress Software Corp. |
|
60,542 |
|
2,641 |
|
|
* |
|
Alarm.com Holdings Inc. |
|
49,027 |
|
2,623 |
|
|
* |
|
Covetrus Inc. |
|
103,966 |
|
2,543 |
|
|
* |
|
Bottomline Technologies DE Inc. |
|
57,346 |
|
2,537 |
|
|
^ |
|
Ubiquiti Networks Inc. |
|
18,965 |
|
2,494 |
|
|
* |
|
NetScout Systems Inc. |
|
98,163 |
|
2,492 |
|
|
* |
|
Lattice Semiconductor Corp. |
|
170,367 |
|
2,486 |
|
|
* |
|
SPS Commerce Inc. |
|
23,795 |
|
2,432 |
|
|
* |
|
Varonis Systems Inc. |
|
38,554 |
|
2,388 |
|
|
* |
|
Yext Inc. |
|
113,035 |
|
2,271 |
|
|
* |
|
LivePerson Inc. |
|
77,712 |
|
2,179 |
|
|
|
|
CSG Systems International Inc. |
|
44,350 |
|
2,166 |
|
|
* |
|
Electronics For Imaging Inc. |
|
58,201 |
|
2,148 |
|
|
* |
|
Appfolio Inc. |
|
20,931 |
|
2,141 |
|
|
* |
|
SailPoint Technologies Holding Inc. |
|
105,763 |
|
2,119 |
|
|
* |
|
Acacia Communications Inc. |
|
43,520 |
|
2,052 |
|
|
* |
|
SVMK Inc. |
|
121,930 |
|
2,013 |
|
|
* |
|
Cray Inc. |
|
57,070 |
|
1,987 |
|
|
* |
|
MaxLinear Inc. |
|
84,083 |
|
1,971 |
|
|
* |
|
Diodes Inc. |
|
53,936 |
|
1,962 |
|
|
* |
|
Blucora Inc. |
|
62,170 |
|
1,888 |
|
|
* |
|
ForeScout Technologies Inc. |
|
54,974 |
|
1,861 |
|
|
* |
|
Avaya Holdings Corp. |
|
150,626 |
|
1,794 |
|
|
* |
|
Instructure Inc. |
|
41,782 |
|
1,776 |
|
|
* |
|
Rambus Inc. |
|
147,354 |
|
1,774 |
|
|
* |
|
Altair Engineering Inc. Class A |
|
42,489 |
|
1,716 |
|
|
|
|
Plantronics Inc. |
|
45,748 |
|
1,694 |
|
|
* |
|
Virtusa Corp. |
|
37,620 |
|
1,671 |
|
|
* |
|
Crowdstrike Holdings Inc. Class A |
|
24,080 |
|
1,644 |
|
|
* |
|
Cloudera Inc. |
|
303,904 |
|
1,599 |
|
|
* |
|
MicroStrategy Inc. Class A |
|
10,843 |
|
1,554 |
|
|
* |
|
FormFactor Inc. |
|
98,169 |
|
1,538 |
|
|
* |
|
Bandwidth Inc. Class A |
|
20,178 |
|
1,514 |
|
|
* |
|
Perficient Inc. |
|
43,478 |
|
1,492 |
|
|
^ |
|
Ebix Inc. |
|
28,305 |
|
1,421 |
|
|
* |
|
Cision Ltd. |
|
120,341 |
|
1,412 |
|
|
* |
|
NextGen Healthcare Inc. |
|
69,212 |
|
1,377 |
|
|
* |
|
3D Systems Corp. |
|
149,847 |
|
1,364 |
|
|
|
|
Xperi Corp. |
|
65,254 |
|
1,344 |
|
|
|
|
NIC Inc. |
|
82,357 |
|
1,321 |
|
|
* |
|
Synaptics Inc. |
|
44,902 |
|
1,308 |
|
|
* |
|
Zuora Inc. Class A |
|
83,514 |
|
1,279 |
|
|
* |
|
SolarWinds Corp. |
|
68,599 |
|
1,258 |
|
|
* |
|
Vocera Communications Inc. |
|
38,206 |
|
1,220 |
|
|
* |
|
Upland Software Inc. |
|
26,493 |
|
1,206 |
|
|
* |
|
ePlus Inc. |
|
17,339 |
|
1,195 |
|
|
|
|
TiVo Corp. |
|
160,326 |
|
1,182 |
|
|
* |
|
Carbonite Inc. |
|
43,765 |
|
1,140 |
|
|
* |
|
ScanSource Inc. |
|
34,146 |
|
1,112 |
|
|
* |
|
Rudolph Technologies Inc. |
|
39,615 |
|
1,095 |
|
|
* |
|
Extreme Networks Inc. |
|
164,918 |
|
1,067 |
|
|
* |
|
Tabula Rasa HealthCare Inc. |
|
21,270 |
|
1,062 |
|
|
|
|
Pitney Bowes Inc. |
|
247,346 |
|
1,059 |
|
|
*,^ |
|
Appian Corp. Class A |
|
29,266 |
|
1,056 |
|
|
* |
|
Nanometrics Inc. |
|
29,644 |
|
1,029 |
|
|
* |
|
Boingo Wireless Inc. |
|
57,217 |
|
1,028 |
|
|
* |
|
NETGEAR Inc. |
|
39,203 |
|
991 |
|
|
* |
|
Benefitfocus Inc. |
|
36,303 |
|
986 |
|
|
|
|
Shutterstock Inc. |
|
24,958 |
|
978 |
|
|
|
|
ADTRAN Inc. |
|
62,208 |
|
949 |
|
|
* |
|
Pivotal Software Inc. Class A |
|
87,465 |
|
924 |
|
|
* |
|
Diebold Nixdorf Inc. |
|
100,042 |
|
916 |
|
|
|
|
Presidio Inc. |
|
66,191 |
|
905 |
|
|
* |
|
Tenable Holdings Inc. |
|
31,676 |
|
904 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Monotype Imaging Holdings Inc. |
|
53,643 |
|
903 |
|
|
* |
|
Carbon Black Inc. |
|
52,684 |
|
881 |
|
|
* |
|
Eventbrite Inc. Class A |
|
53,959 |
|
874 |
|
|
|
|
Comtech Telecommunications Corp. |
|
30,494 |
|
857 |
|
|
* |
|
Pagerduty Inc. |
|
17,200 |
|
809 |
|
|
|
|
Switch Inc. |
|
59,874 |
|
784 |
|
|
* |
|
nLight Inc. |
|
40,430 |
|
776 |
|
|
|
|
Cohu Inc. |
|
49,668 |
|
766 |
|
|
*,^ |
|
Tucows Inc. Class A |
|
12,476 |
|
761 |
|
|
* |
|
Amkor Technology Inc. |
|
101,154 |
|
755 |
|
|
* |
|
Model N Inc. |
|
38,375 |
|
748 |
|
|
* |
|
Domo Inc. |
|
26,666 |
|
729 |
|
|
* |
|
Photronics Inc. |
|
87,690 |
|
719 |
|
|
* |
|
CEVA Inc. |
|
29,021 |
|
707 |
|
|
*,^ |
|
Ichor Holdings Ltd. |
|
29,424 |
|
696 |
|
|
* |
|
Ultra Clean Holdings Inc. |
|
48,961 |
|
682 |
|
|
* |
|
Infinera Corp. |
|
231,951 |
|
675 |
|
|
* |
|
Zix Corp. |
|
71,011 |
|
645 |
|
|
* |
|
Unisys Corp. |
|
65,298 |
|
635 |
|
|
* |
|
OneSpan Inc. |
|
44,453 |
|
630 |
|
|
* |
|
Rosetta Stone Inc. |
|
27,289 |
|
624 |
|
|
* |
|
Loral Space & Communications Inc. |
|
17,765 |
|
613 |
|
|
* |
|
Vectrus Inc. |
|
15,096 |
|
612 |
|
|
|
|
Forrester Research Inc. |
|
12,946 |
|
609 |
|
|
* |
|
Agilysys Inc. |
|
27,191 |
|
584 |
|
|
* |
|
Axcelis Technologies Inc. |
|
38,762 |
|
583 |
|
|
|
|
QAD Inc. Class A |
|
14,323 |
|
576 |
|
|
*,^ |
|
USA Technologies Inc. |
|
77,440 |
|
575 |
|
|
* |
|
MobileIron Inc. |
|
92,347 |
|
573 |
|
|
|
|
Hackett Group Inc. |
|
33,963 |
|
570 |
|
|
* |
|
Impinj Inc. |
|
19,661 |
|
563 |
|
|
|
|
American Software Inc. Class A |
|
42,452 |
|
558 |
|
|
|
|
PC Connection Inc. |
|
15,771 |
|
552 |
|
|
* |
|
Harmonic Inc. |
|
99,286 |
|
551 |
|
|
*,^ |
|
VirnetX Holding Corp. |
|
87,885 |
|
546 |
|
|
* |
|
I3 Verticals Inc. Class A |
|
18,401 |
|
542 |
|
|
* |
|
CalAmp Corp. |
|
45,048 |
|
526 |
|
|
* |
|
Aquantia Corp. |
|
39,568 |
|
516 |
|
|
* |
|
Amber Road Inc. |
|
36,136 |
|
472 |
|
|
|
|
Computer Programs & Systems Inc. |
|
16,716 |
|
465 |
|
|
* |
|
Brightcove Inc. |
|
44,661 |
|
461 |
|
|
* |
|
Mitek Systems Inc. |
|
45,956 |
|
457 |
|
|
|
|
Simulations Plus Inc. |
|
15,500 |
|
443 |
|
|
* |
|
PDF Solutions Inc. |
|
33,149 |
|
435 |
|
|
* |
|
Digi International Inc. |
|
33,938 |
|
430 |
|
|
|
|
Systemax Inc. |
|
19,157 |
|
425 |
|
|
* |
|
A10 Networks Inc. |
|
61,440 |
|
419 |
|
|
* |
|
Endurance International Group Holdings Inc. |
|
86,486 |
|
415 |
|
|
* |
|
Sciplay Corp. Class A |
|
29,427 |
|
403 |
|
|
* |
|
PAR Technology Corp. |
|
14,203 |
|
401 |
|
|
* |
|
Calix Inc. |
|
58,113 |
|
381 |
|
|
* |
|
Telaria Inc. |
|
50,418 |
|
379 |
|
|
* |
|
Limelight Networks Inc. |
|
139,200 |
|
376 |
|
|
* |
|
DSP Group Inc. |
|
26,036 |
|
374 |
|
|
* |
|
Ribbon Communications Inc. |
|
72,624 |
|
355 |
|
|
*,^ |
|
TransEnterix Inc. |
|
252,303 |
|
343 |
|
|
* |
|
Meet Group Inc. |
|
93,227 |
|
324 |
|
|
* |
|
Castlight Health Inc. Class B |
|
98,203 |
|
317 |
|
|
* |
|
Fastly Inc. Class A |
|
15,028 |
|
305 |
|
|
*,^ |
|
Gogo Inc. |
|
75,030 |
|
299 |
|
|
* |
|
Telenav Inc. |
|
37,157 |
|
297 |
|
|
* |
|
Adesto Technologies Corp. |
|
33,850 |
|
276 |
|
|
* |
|
ChannelAdvisor Corp. |
|
31,025 |
|
272 |
|
|
* |
|
Immersion Corp. |
|
35,489 |
|
270 |
|
|
* |
|
Synchronoss Technologies Inc. |
|
33,555 |
|
265 |
|
|
* |
|
WideOpenWest Inc. |
|
35,169 |
|
255 |
|
|
*,^ |
|
Applied Optoelectronics Inc. |
|
24,455 |
|
251 |
|
|
* |
|
Alpha & Omega Semiconductor Ltd. |
|
25,712 |
|
240 |
|
|
* |
|
NeoPhotonics Corp. |
|
56,905 |
|
238 |
|
|
* |
|
KVH Industries Inc. |
|
21,023 |
|
229 |
|
|
* |
|
Ooma Inc. |
|
21,775 |
|
228 |
|
|
* |
|
Aerohive Networks Inc. |
|
45,603 |
|
202 |
|
|
* |
|
Airgain Inc. |
|
14,003 |
|
198 |
|
|
* |
|
ACM Research Inc. Class A |
|
12,629 |
|
197 |
|
|
* |
|
Digimarc Corp. |
|
4,241 |
|
188 |
|
|
* |
|
Casa Systems Inc. |
|
29,218 |
|
188 |
|
|
* |
|
GSI Technology Inc. |
|
21,838 |
|
187 |
|
|
* |
|
Clearfield Inc. |
|
14,122 |
|
187 |
|
|
* |
|
Icad Inc. |
|
29,252 |
|
186 |
|
|
*,^ |
|
Inseego Corp. |
|
38,426 |
|
184 |
|
|
* |
|
RigNet Inc. |
|
17,068 |
|
172 |
|
|
* |
|
AXT Inc. |
|
42,819 |
|
170 |
|
|
* |
|
DASAN Zhone Solutions Inc. |
|
12,823 |
|
167 |
|
|
|
|
AstroNova Inc. |
|
6,427 |
|
166 |
|
|
* |
|
eGain Corp. |
|
19,305 |
|
157 |
|
|
* |
|
Majesco |
|
16,500 |
|
154 |
|
|
|
|
GlobalSCAPE Inc. |
|
14,127 |
|
144 |
|
|
|
|
Preformed Line Products Co. |
|
2,509 |
|
139 |
|
|
* |
|
SharpSpring Inc. |
|
10,659 |
|
138 |
|
|
* |
|
SecureWorks Corp. Class A |
|
10,122 |
|
135 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
*,^ |
|
Intelligent Systems Corp. |
|
4,600 |
|
132 |
|
|
* |
|
ID Systems Inc. |
|
21,901 |
|
129 |
|
|
* |
|
LRAD Corp. |
|
37,838 |
|
124 |
|
|
|
|
TESSCO Technologies Inc. |
|
6,913 |
|
123 |
|
|
* |
|
Change Healthcare Inc. |
|
8,272 |
|
121 |
|
|
* |
|
VOXX International Corp. Class A |
|
28,587 |
|
119 |
|
|
* |
|
Smith Micro Software Inc. |
|
37,622 |
|
114 |
|
|
* |
|
Veritone Inc. |
|
13,211 |
|
110 |
|
|
* |
|
Great Elm Capital Group Inc. |
|
25,570 |
|
110 |
|
|
* |
|
Identiv Inc. |
|
21,369 |
|
109 |
|
|
* |
|
Amtech Systems Inc. |
|
19,290 |
|
106 |
|
|
* |
|
Pixelworks Inc. |
|
35,769 |
|
106 |
|
|
|
|
PC-Tel Inc. |
|
22,253 |
|
99 |
|
|
* |
|
Aviat Networks Inc. |
|
6,976 |
|
96 |
|
|
* |
|
Kopin Corp. |
|
84,748 |
|
92 |
|
|
|
|
QAD Inc. Class B |
|
3,097 |
|
91 |
|
|
* |
|
Park City Group Inc. |
|
16,658 |
|
89 |
|
|
|
|
TransAct Technologies Inc. |
|
7,695 |
|
87 |
|
|
* |
|
EMCORE Corp. |
|
25,614 |
|
84 |
|
|
* |
|
Computer Task Group Inc. |
|
20,394 |
|
82 |
|
|
*,^ |
|
Internap Corp. |
|
26,796 |
|
81 |
|
|
* |
|
Atomera Inc. |
|
15,772 |
|
79 |
|
|
* |
|
Everspin Technologies Inc. |
|
12,013 |
|
78 |
|
|
* |
|
Neurotrope Inc. |
|
9,635 |
|
77 |
|
|
* |
|
Exela Technologies Inc. |
|
34,119 |
|
75 |
|
|
* |
|
Rimini Street Inc. |
|
13,148 |
|
70 |
|
|
* |
|
Synacor Inc. |
|
43,316 |
|
68 |
|
|
|
|
Wayside Technology Group Inc. |
|
5,976 |
|
67 |
|
|
|
|
CSP Inc. |
|
4,375 |
|
67 |
|
|
* |
|
Seachange International Inc. |
|
46,503 |
|
66 |
|
|
* |
|
Resonant Inc. |
|
26,336 |
|
63 |
|
|
* |
|
QuickLogic Corp. |
|
107,285 |
|
62 |
|
|
* |
|
Key Tronic Corp. |
|
12,158 |
|
61 |
|
|
* |
|
Finjan Holdings Inc. |
|
27,000 |
|
60 |
|
|
* |
|
WidePoint Corp. |
|
138,277 |
|
58 |
|
|
|
|
BK Technologies Corp. |
|
13,400 |
|
58 |
|
|
* |
|
RCM Technologies Inc. |
|
14,006 |
|
56 |
|
|
* |
|
NetSol Technologies Inc. |
|
9,891 |
|
55 |
|
|
|
|
Network-1 Technologies Inc. |
|
20,999 |
|
52 |
|
|
* |
|
Red Violet Inc. |
|
3,768 |
|
47 |
|
|
* |
|
Data I/O Corp. |
|
9,481 |
|
43 |
|
|
* |
|
Intellicheck Inc. |
|
7,252 |
|
42 |
|
|
* |
|
Aehr Test Systems |
|
23,485 |
|
39 |
|
|
* |
|
RumbleON Inc. Class B |
|
8,187 |
|
37 |
|
|
* |
|
Support.com Inc. |
|
21,839 |
|
35 |
|
|
* |
|
GSE Systems Inc. |
|
14,921 |
|
35 |
|
|
* |
|
Intermolecular Inc. |
|
27,196 |
|
32 |
|
|
* |
|
CVD Equipment Corp. |
|
8,553 |
|
31 |
|
|
* |
|
inTEST Corp. |
|
6,464 |
|
31 |
|
|
* |
|
BSQUARE Corp. |
|
25,292 |
|
29 |
|
|
* |
|
ClearOne Inc. |
|
11,338 |
|
25 |
|
|
* |
|
Mastech Digital Inc. |
|
5,006 |
|
24 |
|
|
* |
|
ADDvantage Technologies Group Inc. |
|
14,730 |
|
23 |
|
|
* |
|
Lantronix Inc. |
|
6,314 |
|
21 |
|
|
* |
|
SITO Mobile Ltd. |
|
26,757 |
|
21 |
|
|
*,^ |
|
NXT-ID Inc. |
|
23,431 |
|
17 |
|
|
* |
|
Aware Inc. |
|
5,136 |
|
17 |
|
|
* |
|
Evolving Systems Inc. |
|
20,892 |
|
16 |
|
|
* |
|
Streamline Health Solutions Inc. |
|
10,393 |
|
16 |
|
|
* |
|
Westell Technologies Inc. Class A |
|
5,216 |
|
10 |
|
|
* |
|
Inuvo Inc. |
|
19,200 |
|
8 |
|
|
* |
|
CynergisTek Inc. |
|
1,200 |
|
6 |
|
|
* |
|
AIT Therapeutics Inc. |
|
686 |
|
4 |
|
|
|
|
Communications Systems Inc. |
|
1,077 |
|
3 |
|
|
* |
|
Cinedigm Corp. Class A |
|
1,210 |
|
2 |
|
|
* |
|
Qualstar Corp. |
|
200 |
|
1 |
|
|
* |
|
Innodata Inc. |
|
1,100 |
|
1 |
|
|
* |
|
ARC Group Worldwide Inc. |
|
1,261 |
|
1 |
|
|
* |
|
One Stop Systems Inc. |
|
300 |
|
1 |
|
|
|
|
|
|
|
|
8,018,636 |
|
|
Telecommunications (1.9%) |
|
|
|
|
| ||
|
|
|
AT&T Inc. |
|
9,772,912 |
|
327,490 |
|
|
|
|
Verizon Communications Inc. |
|
5,546,910 |
|
316,895 |
|
|
* |
|
T-Mobile US Inc. |
|
398,508 |
|
29,545 |
|
|
|
|
CenturyLink Inc. |
|
1,308,989 |
|
15,394 |
|
|
* |
|
Zayo Group Holdings Inc. |
|
268,058 |
|
8,822 |
|
|
* |
|
Sprint Corp. |
|
822,437 |
|
5,403 |
|
|
|
|
Telephone & Data Systems Inc. |
|
129,023 |
|
3,922 |
|
|
* |
|
Vonage Holdings Corp. |
|
291,941 |
|
3,308 |
|
|
* |
|
Iridium Communications Inc. |
|
128,327 |
|
2,985 |
|
|
* |
|
8x8 Inc. |
|
120,517 |
|
2,905 |
|
|
|
|
Shenandoah Telecommunications Co. |
|
62,836 |
|
2,421 |
|
|
*,^ |
|
Zoom Video Communications Inc. Class A |
|
26,956 |
|
2,393 |
|
|
* |
|
Intelsat SA |
|
101,919 |
|
1,982 |
|
|
*,^ |
|
GTT Communications Inc. |
|
58,085 |
|
1,022 |
|
|
* |
|
United States Cellular Corp. |
|
20,695 |
|
925 |
|
|
|
|
ATN International Inc. |
|
14,775 |
|
853 |
|
|
* |
|
pdvWireless Inc. |
|
16,770 |
|
788 |
|
|
* |
|
ORBCOMM Inc. |
|
99,826 |
|
724 |
|
|
|
|
Consolidated Communications Holdings Inc. |
|
85,883 |
|
423 |
|
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
|
|
Spok Holdings Inc. |
|
26,291 |
|
395 |
|
|
*,^ |
|
Pareteum Corp. |
|
140,419 |
|
367 |
|
|
*,^ |
|
Globalstar Inc. |
|
747,398 |
|
359 |
|
|
* |
|
Cincinnati Bell Inc. |
|
62,465 |
|
309 |
|
|
* |
|
IDT Corp. Class B |
|
27,448 |
|
260 |
|
|
*,^ |
|
Frontier Communications Corp. |
|
136,965 |
|
240 |
|
|
* |
|
Alaska Communications Systems Group Inc. |
|
73,683 |
|
126 |
|
|
* |
|
HC2 Holdings Inc. |
|
46,997 |
|
111 |
|
|
* |
|
Otelco Inc. Class A |
|
3,053 |
|
49 |
|
|
|
|
|
|
|
|
730,415 |
|
|
Utilities (3.2%) |
|
|
|
|
| ||
|
|
|
NextEra Energy Inc. |
|
642,023 |
|
131,525 |
|
|
|
|
Duke Energy Corp. |
|
970,204 |
|
85,611 |
|
|
|
|
Dominion Energy Inc. |
|
1,073,662 |
|
83,016 |
|
|
|
|
Southern Co. |
|
1,370,714 |
|
75,773 |
|
|
|
|
Exelon Corp. |
|
1,291,219 |
|
61,901 |
|
|
|
|
American Electric Power Co. Inc. |
|
657,599 |
|
57,875 |
|
|
|
|
Sempra Energy |
|
366,369 |
|
50,354 |
|
|
|
|
Xcel Energy Inc. |
|
699,722 |
|
41,626 |
|
|
|
|
Public Service Enterprise Group Inc. |
|
677,339 |
|
39,841 |
|
|
|
|
Consolidated Edison Inc. |
|
436,247 |
|
38,250 |
|
|
|
|
WEC Energy Group Inc. |
|
430,769 |
|
35,913 |
|
|
|
|
Eversource Energy |
|
431,805 |
|
32,714 |
|
|
|
|
DTE Energy Co. |
|
243,532 |
|
31,143 |
|
|
|
|
FirstEnergy Corp. |
|
710,549 |
|
30,419 |
|
|
|
|
PPL Corp. |
|
965,085 |
|
29,927 |
|
|
|
|
Edison International |
|
436,837 |
|
29,447 |
|
|
|
|
American Water Works Co. Inc. |
|
240,750 |
|
27,927 |
|
|
|
|
Entergy Corp. |
|
252,972 |
|
26,038 |
|
|
|
|
Ameren Corp. |
|
329,290 |
|
24,733 |
|
|
|
|
CMS Energy Corp. |
|
378,856 |
|
21,940 |
|
|
|
|
Evergy Inc. |
|
352,502 |
|
21,203 |
|
|
|
|
CenterPoint Energy Inc. |
|
672,478 |
|
19,253 |
|
|
|
|
Atmos Energy Corp. |
|
155,945 |
|
16,462 |
|
|
* |
|
PG&E Corp. |
|
715,142 |
|
16,391 |
|
|
|
|
Alliant Energy Corp. |
|
326,725 |
|
16,036 |
|
|
|
|
AES Corp. |
|
881,683 |
|
14,777 |
|
|
|
|
NiSource Inc. |
|
497,726 |
|
14,334 |
|
|
|
|
Pinnacle West Capital Corp. |
|
150,215 |
|
14,134 |
|
|
|
|
NRG Energy Inc. |
|
369,534 |
|
12,978 |
|
|
|
|
UGI Corp. |
|
232,814 |
|
12,435 |
|
|
|
|
Vistra Energy Corp. |
|
541,824 |
|
12,267 |
|
|
|
|
Aqua America Inc. |
|
281,507 |
|
11,646 |
|
|
|
|
Black Hills Corp. |
|
90,899 |
|
7,106 |
|
|
|
|
IDACORP Inc. |
|
67,997 |
|
6,829 |
|
|
|
|
Portland General Electric Co. |
|
120,044 |
|
6,503 |
|
|
|
|
Hawaiian Electric Industries Inc. |
|
147,228 |
|
6,412 |
|
|
|
|
ONE Gas Inc. |
|
70,621 |
|
6,377 |
|
|
|
|
National Fuel Gas Co. |
|
115,069 |
|
6,070 |
|
|
|
|
Southwest Gas Holdings Inc. |
|
67,716 |
|
6,069 |
|
|
|
|
New Jersey Resources Corp. |
|
119,519 |
|
5,948 |
|
|
|
|
ALLETE Inc. |
|
70,751 |
|
5,887 |
|
|
|
|
PNM Resources Inc. |
|
108,944 |
|
5,546 |
|
|
|
|
Spire Inc. |
|
64,963 |
|
5,452 |
|
|
|
|
NorthWestern Corp. |
|
66,585 |
|
4,804 |
|
|
|
|
Avangrid Inc. |
|
86,061 |
|
4,346 |
|
|
|
|
South Jersey Industries Inc. |
|
124,484 |
|
4,199 |
|
|
|
|
Avista Corp. |
|
87,678 |
|
3,910 |
|
|
|
|
American States Water Co. |
|
51,164 |
|
3,850 |
|
|
|
|
El Paso Electric Co. |
|
55,238 |
|
3,613 |
|
|
|
|
Ormat Technologies Inc. |
|
55,236 |
|
3,501 |
|
|
|
|
MGE Energy Inc. |
|
47,398 |
|
3,464 |
|
|
|
|
California Water Service Group |
|
63,530 |
|
3,216 |
|
|
|
|
Pattern Energy Group Inc. Class A |
|
132,819 |
|
3,067 |
|
|
|
|
Chesapeake Utilities Corp. |
|
30,548 |
|
2,903 |
|
|
|
|
Northwest Natural Holding Co. |
|
39,445 |
|
2,741 |
|
|
* |
|
Sunrun Inc. |
|
124,599 |
|
2,337 |
|
|
|
|
SJW Group |
|
34,275 |
|
2,083 |
|
|
|
|
Unitil Corp. |
|
34,434 |
|
2,062 |
|
|
|
|
TerraForm Power Inc. Class A |
|
100,833 |
|
1,442 |
|
|
* |
|
Evoqua Water Technologies Corp. |
|
90,693 |
|
1,291 |
|
|
|
|
Middlesex Water Co. |
|
20,800 |
|
1,232 |
|
|
|
|
Connecticut Water Service Inc. |
|
16,216 |
|
1,131 |
|
|
*,^ |
|
Bloom Energy Corp. Class A |
|
69,813 |
|
857 |
|
|
|
|
York Water Co. |
|
17,058 |
|
609 |
|
|
*,^ |
|
Vivint Solar Inc. |
|
54,496 |
|
398 |
|
|
* |
|
AquaVenture Holdings Ltd. |
|
19,393 |
|
387 |
|
|
|
|
Artesian Resources Corp. Class A |
|
10,398 |
|
386 |
|
|
*,^ |
|
Atlantic Power Corp. |
|
141,382 |
|
342 |
|
|
|
|
RGC Resources Inc. |
|
8,637 |
|
264 |
|
|
*,^ |
|
Cadiz Inc. |
|
22,248 |
|
250 |
|
|
* |
|
Pure Cycle Corp. |
|
22,924 |
|
243 |
|
|
|
|
Genie Energy Ltd. Class B |
|
20,232 |
|
215 |
|
|
^ |
|
Spark Energy Inc. Class A |
|
14,892 |
|
167 |
|
|
|
|
|
|
|
|
1,265,398 |
|
|
Total Common Stocks |
|
|
|
39,345,518 |
| ||
Institutional Total Stock Market Index Fund
|
|
|
|
|
|
|
Market |
|
|
|
|
|
|
|
|
Value· |
|
|
|
|
|
|
Shares |
|
($000 |
) |
|
Preferred Stocks (0.0%) |
|
|
|
|
| ||
|
* |
|
Air T Funding Pfd. 8.00%, 6/7/24, (Cost $5) |
|
2,488 |
|
6 |
|
|
Temporary Cash Investments (0.5%)1 |
|
|
|
|
| ||
|
Money Market Fund (0.4%) |
|
|
|
|
| ||
|
3,4 |
|
Vanguard Market Liquidity Fund, 2.499% |
|
1,860,675 |
|
186,105 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Face |
|
|
|
|
|
|
|
|
Amount |
|
|
|
|
|
|
|
|
($000 |
) |
|
|
|
U.S. Government and Agency Obligations (0.1%) |
|
|
|
|
| ||
|
5 |
|
United States Treasury Bill, 2.390%, 7/5/19 |
|
12,000 |
|
11,997 |
|
|
5 |
|
United States Treasury Bill, 2.349%, 8/15/19 |
|
5,400 |
|
5,386 |
|
|
|
|
United States Treasury Bill, 2.048%, 11/21/19 |
|
12,000 |
|
11,902 |
|
|
|
|
|
|
|
|
29,285 |
|
|
Total Temporary Cash Investments |
|
|
|
215,390 |
| ||
|
Total Investments (100.3%) |
|
|
|
39,560,914 |
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount |
|
|
|
|
|
|
|
|
($000 |
) |
|
Other Assets and Liabilities (-0.3%) |
|
|
|
|
| ||
|
Other Assets |
|
|
|
|
| ||
|
Investment in Vanguard |
|
|
|
1,859 |
| ||
|
Receivables for Investment Securities Sold |
|
|
|
717 |
| ||
|
Receivables for Accrued Income |
|
|
|
34,639 |
| ||
|
Receivables for Capital Shares Issued |
|
|
|
22,177 |
| ||
|
Variation Margin Receivable—Futures Contracts |
|
|
|
447 |
| ||
|
Other Assets |
|
|
|
2,388 |
| ||
|
Total Other Assets |
|
|
|
62,227 |
| ||
|
Liabilities |
|
|
|
|
| ||
|
Payables for Investment Securities Purchased |
|
|
|
(16,318 |
) | ||
|
Collateral for Securities on Loan |
|
|
|
(158,349 |
) | ||
|
Payables for Capital Shares Redeemed |
|
|
|
(3,293 |
) | ||
|
Payables to Vanguard |
|
|
|
(368 |
) | ||
|
Total Liabilities |
|
|
|
(178,328 |
) | ||
|
Net Assets (100%) |
|
|
|
39,444,813 |
| ||
|
|
|
|
|
|
|
|
|
|
At June 30, 2019, net assets consisted of: |
|
|
|
|
| ||
|
|
|
|
|
|
|
Amount |
|
|
|
|
|
|
|
|
($000 |
) |
|
Paid-in Capital |
|
|
|
19,886,469 |
| ||
|
Total Distributable Earnings (Loss) |
|
|
|
19,558,344 |
| ||
|
Net Assets |
|
|
|
39,444,813 |
| ||
|
|
|
|
|
|
| ||
|
Institutional Shares—Net Assets |
|
|
|
|
| ||
|
Applicable to 9,817,166 outstanding $.001 par value shares of beneficial interest (unlimited authorization) |
|
|
|
623,008 |
| ||
|
Net Asset Value Per Share—Institutional Shares |
|
|
|
$63.46 |
| ||
|
|
|
|
|
|
| ||
|
Institutional Plus Shares—Net Assets |
|
|
|
|
| ||
|
Applicable to 611,755,860 outstanding $.001 par value shares of beneficial interest (unlimited authorization) |
|
|
|
38,821,805 |
| ||
|
Net Asset Value Per Share—Institutional Plus Shares |
|
|
|
$63.46 |
| ||
· See Note A in Notes to Financial Statements.
* Non-income-producing security.
^ Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $150,088,000.
§ Security value determined using significant unobservable inputs.
1 The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund’s effective common stock and temporary cash investment positions represent 100.0% and 0.3%, respectively, of net assets.
2 “Other” represents securities that are not classified by the fund’s benchmark index.
3 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
4 Includes $158,349,000 of collateral received for securities on loan.
5 Securities with a value of $3,980,000 have been segregated as initial margin for open futures contracts.
CVR—Contingent Value Rights.
REIT—Real Estate Investment Trust.
Institutional Total Stock Market Index Fund
|
Derivative Financial Instruments Outstanding as of Period End | |||||||||
|
Futures Contracts | |||||||||
|
|
|
|
|
|
|
|
|
($000
|
) |
|
|
|
|
|
|
|
|
|
Value and |
|
|
|
|
|
|
Number of |
|
|
|
Unrealized |
|
|
|
|
|
|
Long (Short |
) |
Notional |
|
Appreciation |
|
|
|
|
Expiration
|
|
Contracts
|
|
Amount
|
|
(Depreciation
|
) |
|
Long Futures Contracts |
|
|
|
|
|
|
|
|
|
|
E-mini S&P 500 Index |
|
September 2019 |
|
605 |
|
89,062 |
|
1,124 |
|
|
E-mini Russell 2000 Index |
|
September 2019 |
|
125 |
|
9,794 |
|
241 |
|
|
E-mini S&P Mid-Cap 400 Index |
|
September 2019 |
|
30 |
|
5,850 |
|
137 |
|
|
|
|
|
|
|
|
|
|
1,502 |
|
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Total Stock Market Index Fund
Statement of Operations
|
|
Six Months Ended | |
|
|
|
June 30, 2019 |
|
|
|
($000) |
|
Investment Income |
|
|
|
Income |
|
|
|
Dividends |
|
344,569 |
|
Interest1 |
|
1,523 |
|
Securities Lending—Net |
|
2,562 |
|
Total Income |
|
348,654 |
|
Expenses |
|
|
|
The Vanguard Group—Note B |
|
|
|
Investment Advisory Services |
|
1,445 |
|
Management and Administrative—Institutional Shares |
|
53 |
|
Management and Administrative—Institutional Plus Shares |
|
1,879 |
|
Marketing and Distribution—Institutional Shares |
|
9 |
|
Marketing and Distribution—Institutional Plus Shares |
|
176 |
|
Custodian Fees |
|
124 |
|
Shareholders’ Reports—Institutional Shares |
|
1 |
|
Shareholders’ Reports—Institutional Plus Shares |
|
75 |
|
Trustees’ Fees and Expenses |
|
8 |
|
Total Expenses |
|
3,770 |
|
Net Investment Income |
|
344,884 |
|
Realized Net Gain (Loss) |
|
|
|
Investment Securities Sold1,2 |
|
156,926 |
|
Futures Contracts |
|
13,179 |
|
Realized Net Gain (Loss) |
|
170,105 |
|
Change in Unrealized Appreciation (Depreciation) |
|
|
|
Investment Securities1 |
|
5,769,633 |
|
Futures Contracts |
|
6,991 |
|
Change in Unrealized Appreciation (Depreciation) |
|
5,776,624 |
|
Net Increase (Decrease) in Net Assets Resulting from Operations |
|
6,291,613 |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $1,339,000, $29,000, and $17,000, respectively. Purchases and sales are for temporary cash investment purposes.
2 Includes $846,000 of net gain (loss) resulting from in-kind redemptions; such gain (loss) is not taxable to the fund.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Total Stock Market Index Fund
Statement of Changes in Net Assets
|
|
|
Six Months Ended |
|
Year Ended |
|
|
|
|
June 30, |
|
December 31, |
|
|
|
|
2019 |
|
2018 |
|
|
|
|
($000) |
|
($000 |
) |
|
Increase (Decrease) in Net Assets |
|
|
|
|
|
|
Operations |
|
|
|
|
|
|
Net Investment Income |
|
344,884 |
|
810,217 |
|
|
Realized Net Gain (Loss) |
|
170,105 |
|
5,360,161 |
|
|
Change in Unrealized Appreciation (Depreciation) |
|
5,776,624 |
|
(7,172,501 |
) |
|
Net Increase (Decrease) in Net Assets Resulting from Operations |
|
6,291,613 |
|
(1,002,123 |
) |
|
Distributions |
|
|
|
|
|
|
Net Investment Income |
|
|
|
|
|
|
Institutional Shares |
|
(5,349 |
) |
(10,531 |
) |
|
Institutional Plus Shares |
|
(346,833 |
) |
(759,931 |
) |
|
Realized Capital Gain1 |
|
|
|
|
|
|
Institutional Shares |
|
(1,509 |
) |
(10,669 |
) |
|
Institutional Plus Shares |
|
(99,658 |
) |
(721,887 |
) |
|
Total Distributions |
|
(453,349 |
) |
(1,503,018 |
) |
|
Capital Share Transactions |
|
|
|
|
|
|
Institutional Shares |
|
38,324 |
|
(158,407 |
) |
|
Institutional Plus Shares |
|
(176,340 |
) |
(7,146,106 |
) |
|
Net Increase (Decrease) from Capital Share Transactions |
|
(138,016 |
) |
(7,304,513 |
) |
|
Total Increase (Decrease) |
|
5,700,248 |
|
(9,809,654 |
) |
|
Net Assets |
|
|
|
|
|
|
Beginning of Period |
|
33,744,565 |
|
43,554,219 |
|
|
End of Period |
|
39,444,813 |
|
33,744,565 |
|
1 Includes fiscal 2019 and 2018 short-term gain distributions totaling $0 and $113,864,000, respectively. Short-term gain distributions are treated as ordinary income dividends for tax purposes.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Total Stock Market Index Fund
Financial Highlights
Institutional Shares
|
|
|
Six Months |
|
|
|
|
|
|
|
|
|
|
|
|
|
Ended |
|
|
|
|
|
|
|
|
|
|
|
For a Share Outstanding Throughout Each Period |
|
June 30, |
|
|
|
|
|
Year Ended December 31, | ||||
|
|
2019 |
|
2018 |
|
2017 |
|
2016 |
|
2015 |
|
2014 | |
|
Net Asset Value, Beginning of Period |
|
$54.09 |
|
$59.47 |
|
$50.34 |
|
$45.94 |
|
$46.78 |
|
$42.32 |
|
Investment Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Investment Income |
|
.5551 |
|
1.1781 |
|
1.0131 |
|
1.009 |
|
1.0532 |
|
.838 |
|
Net Realized and Unrealized Gain (Loss) on Investments |
|
9.545 |
|
(4.186) |
|
9.542 |
|
4.789 |
|
(.847) |
|
4.457 |
|
Total from Investment Operations |
|
10.100 |
|
(3.008) |
|
10.555 |
|
5.798 |
|
.206 |
|
5.295 |
|
Distributions |
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends from Net Investment Income |
|
(.566) |
|
(1.185) |
|
(1.025) |
|
(1.016) |
|
(1.046) |
|
(.835) |
|
Distributions from Realized Capital Gains |
|
(.164) |
|
(1.187) |
|
(.400) |
|
(.382) |
|
— |
|
— |
|
Total Distributions |
|
(.730) |
|
(2.372) |
|
(1.425) |
|
(1.398) |
|
(1.046) |
|
(.835) |
|
Net Asset Value, End of Period |
|
$63.46 |
|
$54.09 |
|
$59.47 |
|
$50.34 |
|
$45.94 |
|
$46.78 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Return |
|
18.73% |
|
-5.15% |
|
21.13% |
|
12.75% |
|
0.45% |
|
12.60% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratios/Supplemental Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Assets, End of Period (Millions) |
|
$623 |
|
$494 |
|
$692 |
|
$664 |
|
$1,297 |
|
$2,590 |
|
Ratio of Total Expenses to Average Net Assets |
|
0.03% |
|
0.03% |
|
0.04% |
|
0.04% |
|
0.04% |
|
0.04% |
|
Ratio of Net Investment Income to Average Net Assets |
|
1.89% |
|
1.94% |
|
1.85% |
|
2.08% |
|
2.24%2 |
|
1.90% |
|
Portfolio Turnover Rate3 |
|
6% |
|
7% |
|
7% |
|
8% |
|
9% |
|
5% |
The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.
1 Calculated based on average shares outstanding.
2 Net investment income per share and the ratio of net investment income to average net assets include $.140 and 0.31%, respectively, resulting from income received from Medtronic plc in January 2015.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Total Stock Market Index Fund
Financial Highlights
Institutional Plus Shares
|
|
|
Six Months |
|
|
|
|
|
|
|
|
|
|
|
|
|
Ended |
|
|
|
|
|
|
|
|
|
|
|
For a Share Outstanding Throughout Each Period |
|
June 30, |
|
|
|
|
|
Year Ended December 31, | ||||
|
|
2019 |
|
2018 |
|
2017 |
|
2016 |
|
2015 |
|
2014 | |
|
Net Asset Value, Beginning of Period |
|
$54.09 |
|
$59.47 |
|
$50.35 |
|
$45.95 |
|
$46.79 |
|
$42.32 |
|
Investment Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Investment Income |
|
.5551 |
|
1.1911 |
|
1.0281 |
|
1.021 |
|
1.0642 |
|
.847 |
|
Net Realized and Unrealized Gain (Loss) on Investments |
|
9.548 |
|
(4.193) |
|
9.528 |
|
4.788 |
|
(.846) |
|
4.466 |
|
Total from Investment Operations |
|
10.103 |
|
(3.002) |
|
10.556 |
|
5.809 |
|
.218 |
|
5.313 |
|
Distributions |
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends from Net Investment Income |
|
(.569) |
|
(1.191) |
|
(1.036) |
|
(1.027) |
|
(1.058) |
|
(.843) |
|
Distributions from Realized Capital Gains |
|
(.164) |
|
(1.187) |
|
(.400) |
|
(.382) |
|
— |
|
— |
|
Total Distributions |
|
(.733) |
|
(2.378) |
|
(1.436) |
|
(1.409) |
|
(1.058) |
|
(.843) |
|
Net Asset Value, End of Period |
|
$63.46 |
|
$54.09 |
|
$59.47 |
|
$50.35 |
|
$45.95 |
|
$46.79 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Return |
|
18.73% |
|
-5.14% |
|
21.13% |
|
12.77% |
|
0.48% |
|
12.64% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratios/Supplemental Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Assets, End of Period (Millions) |
|
$38,822 |
|
$33,250 |
|
$42,862 |
|
$36,648 |
|
$37,822 |
|
$38,903 |
|
Ratio of Total Expenses to Average Net Assets |
|
0.02% |
|
0.02% |
|
0.02% |
|
0.02% |
|
0.02% |
|
0.02% |
|
Ratio of Net Investment Income to Average Net Assets |
|
1.90% |
|
1.95% |
|
1.87% |
|
2.10% |
|
2.26%2 |
|
1.92% |
|
Portfolio Turnover Rate3 |
|
6% |
|
7% |
|
7% |
|
8% |
|
9% |
|
5% |
The expense ratio, net investment income ratio, and turnover rate for the current period have been annualized.
1 Calculated based on average shares outstanding.
2 Net investment income per share and the ratio of net investment income to average net assets include $.140 and 0.31%, respectively, resulting from income received from Medtronic plc in January 2015.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
Institutional Total Stock Market Index Fund
Notes to Financial Statements
Vanguard Institutional Total Stock Market Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers two classes of shares: Institutional Shares and Institutional Plus Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. 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 materially affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value. 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.
2. 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 assets pledged as initial margin for open contracts are noted in the Statement of Net Assets.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).
During the six months ended June 30, 2019, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
Institutional Total Stock Market Index Fund
3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2015–2018), and for the period ended June 30, 2019, and has concluded that no provision for federal income tax is required in the fund’s financial statements.
4. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis and may differ from net investment income and realized capital gains for financial reporting purposes.
5. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Net Assets for the return of the collateral, during the period the securities are on loan. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.
6. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at June 30, 2019, or at any time during the period then ended.
Institutional Total Stock Market Index Fund
7. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees, and are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At June 30, 2019, the fund had contributed to Vanguard capital in the amount of $1,859,000, representing 0.00% of the fund’s net assets and 0.74% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. Various inputs may be used to determine the value of the fund’s investments. 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 valued with significant unobservable inputs are noted on the Statement of Net Assets.
The following table summarizes the market value of the fund’s investments as of June 30, 2019, based on the inputs used to value them:
|
|
Level 1 |
Level 2 |
Level 3 |
|
Investments |
($000) |
($000) |
($000) |
|
Common Stocks |
39,345,205 |
8 |
305 |
|
Preferred Stock |
6 |
— |
— |
|
Temporary Cash Investments |
186,105 |
29,285 |
— |
|
Futures Contracts—Assets1 |
447 |
— |
— |
|
Total |
39,531,763 |
29,293 |
305 |
1 Represents variation margin on the last day of the reporting period.
Institutional Total Stock Market Index Fund
D. As of June 30, 2019, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
|
|
|
Amount |
|
|
|
|
($000 |
) |
|
Tax Cost |
|
20,207,996 |
|
|
Gross Unrealized Appreciation |
|
20,862,316 |
|
|
Gross Unrealized Depreciation |
|
(1,507,896 |
) |
|
Net Unrealized Appreciation (Depreciation) |
|
19,354,420 |
|
E. During the six months ended June 30, 2019, the fund purchased $1,153,939,000 of investment securities and sold $1,303,516,000 of investment securities, other than temporary cash investments.
F. Capital share transactions for each class of shares were:
|
|
|
Six Months Ended |
|
Year Ended |
| ||||
|
|
|
June 30, 2019 |
|
December 31, 2018 |
| ||||
|
|
|
Amount |
|
Shares |
|
Amount |
|
Shares |
|
|
|
|
($000 |
) |
(000) |
|
($000 |
) |
(000 |
) |
|
Institutional Shares |
|
|
|
|
|
|
|
|
|
|
Issued |
|
123,710 |
|
2,068 |
|
90,530 |
|
1,470 |
|
|
Issued in Lieu of Cash Distributions |
|
4,897 |
|
80 |
|
16,199 |
|
290 |
|
|
Redeemed |
|
(90,283 |
) |
(1,472) |
|
(265,136 |
) |
(4,255 |
) |
|
Net Increase (Decrease)—Institutional Shares |
|
38,324 |
|
676 |
|
(158,407 |
) |
(2,495 |
) |
|
Institutional Plus Shares |
|
|
|
|
|
|
|
|
|
|
Issued |
|
1,370,047 |
|
22,650 |
|
6,114,726 |
|
101,912 |
|
|
Issued in Lieu of Cash Distributions |
|
428,701 |
|
7,011 |
|
1,435,185 |
|
25,544 |
|
|
Redeemed |
|
(1,975,088 |
) |
(32,594) |
|
(14,696,017 |
) |
(233,470 |
) |
|
Net Increase (Decrease)—Institutional Plus Shares |
|
(176,340 |
) |
(2,933) |
|
(7,146,106 |
) |
(106,014 |
) |
G. Management has determined that no events or transactions occurred subsequent to June 30, 2019, that would require recognition or disclosure in these financial statements.
Trustees Approve Advisory Arrangement
The board of trustees of Vanguard Institutional Total Stock Market Index Fund has renewed the fund’s investment advisory arrangement with The Vanguard Group, Inc. (Vanguard), through its Equity Index Group. The board determined that continuing the fund’s internalized management structure was in the best interests of the fund and its shareholders.
The board based its decision upon an evaluation of the advisor’s investment staff, portfolio management process, and performance. This evaluation included information provided to the board by Vanguard’s Portfolio Review Department, which is responsible for fund and advisor oversight and product management. The Portfolio Review Department met regularly with the advisor and made monthly presentations to the board during the fiscal year that directed the board’s focus to relevant information and topics.
The board, or an investment committee made up of board members, also received information throughout the year during advisor presentations. For each advisor presentation, the board was provided with letters and reports that included information about, among other things, the advisory firm and the advisor’s assessment of the investment environment, portfolio performance, and portfolio characteristics.
In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.
Prior to their meeting, the trustees were provided with a memo and materials that summarized the information they received over the course of the year. They also considered the factors discussed below, among others. However, no single factor determined whether the board approved the arrangement. Rather, it was the totality of the circumstances that drove the board’s decision.
Nature, extent, and quality of services
The board reviewed the quality of the fund’s investment management services over both the short and long term and took into account the organizational depth and stability of the advisor. The board considered that Vanguard has been managing investments for more than four decades. The Equity Index Group adheres to a sound, disciplined investment management process; the team has considerable experience, stability, and depth.
The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangement.
Investment performance
The board considered the short- and long-term performance of the fund, including any periods of outperformance or underperformance compared with its target index and peer group. The board concluded that the performance was such that the advisory arrangement should continue.
Cost
The board concluded that the fund’s expense ratio was well below the average expense ratio charged by funds in its peer group and that the fund’s advisory expenses were also well below the peer-group average.
The board does not conduct a profitability analysis of Vanguard because of Vanguard’s unique structure. Unlike most other mutual fund management companies, Vanguard is owned by the funds it oversees.
The benefit of economies of scale
The board concluded that the fund’s arrangement with Vanguard ensures that the fund and its shareholders benefit from economies of scale, with the cost to shareholders declining as the fund’s assets increase.
The board will consider whether to renew the advisory arrangement again after a one-year period.
|
|
P.O. Box 2600 Valley Forge, PA 19482-2600 |
Connect with Vanguard® > vanguard.com
Fund Information > 800-662-7447
Direct Investor Account Services > 800-662-2739
Institutional Investor Services > 800-523-1036
Text Telephone for People
Who Are Deaf or Hard of Hearing > 800-749-7273
This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.
You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or sec.gov.
You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.
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© 2019 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor.
Q8712 082019 |
Item 2: Code of Ethics.
Not applicable.
Item 3: Audit Committee Financial Expert.
Not applicable.
Item 4: Principal Accountant Fees and Services.
(a) Audit Fees.
Not applicable.
Item 5: Audit Committee of Listed Registrants.
Not applicable.
Item 6: Investments.
Not applicable.
Item 7: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8: Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9: Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10: Submission of Matters to a Vote of Security Holders.
Not applicable.
Item 11: Controls and Procedures.
(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.
(b) Internal Control Over Financial Reporting. There were no significant changes in Registrant’s Internal Control Over Financial Reporting or in other factors that could significantly affect this control subsequent to the date of the evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.
Item 12: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13: Exhibits.
(a) Certifications.
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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VANGUARD INSTITUTIONAL INDEX FUNDS |
| |
|
|
|
|
|
|
BY: |
/s/ MORTIMER J. BUCKLEY* |
|
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|
|
MORTIMER J. BUCKLEY |
|
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|
|
CHIEF EXECUTIVE OFFICER |
|
|
Date: August 16, 2019
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
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VANGUARD INSTITUTIONAL INDEX FUNDS |
| |
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|
|
|
|
BY: |
/s/ MORTIMER J. BUCKLEY* |
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|
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|
|
MORTIMER J. BUCKLEY |
|
|
|
|
CHIEF EXECUTIVE OFFICER |
|
|
Date: August 16, 2019
|
|
VANGUARD INSTITUTIONAL INDEX FUNDS |
| |
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|
|
|
|
BY: |
/s/ THOMAS J. HIGGINS* |
|
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|
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|
THOMAS J. HIGGINS |
|
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|
|
CHIEF FINANCIAL OFFICER |
|
|
Date: August 16, 2019
* By: /s/ Anne E. Robinson
Anne E. Robinson, pursuant to a Power of Attorney filed on January 18, 2018; see file Number 33-32216, Incorporated by Reference.