NPORT-EX 2 NPORT_2MU4_84188486_0723.htm EDGAR HTML
Schwab Capital Trust
Schwab S&P 500 Index Fund
Portfolio Holdings as of July 31, 2023 (Unaudited)
The following are the portfolio holdings as of the report date. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.5% OF NET ASSETS
 
Automobiles & Components 2.3%
Aptiv plc *
527,240
57,727,508
BorgWarner, Inc.
459,860
21,383,490
Ford Motor Co.
7,681,734
101,475,706
General Motors Co.
2,709,499
103,963,477
Tesla, Inc. *
5,257,747
1,406,079,280
 
1,690,629,461
 
Banks 3.2%
Bank of America Corp.
13,530,719
432,983,008
Citigroup, Inc.
3,799,269
181,073,161
Citizens Financial Group, Inc.
948,005
30,582,641
Comerica, Inc.
253,572
13,682,745
Fifth Third Bancorp
1,328,481
38,658,797
Huntington Bancshares, Inc.
2,820,804
34,526,641
JPMorgan Chase & Co.
5,703,121
900,864,993
KeyCorp
1,813,873
22,328,777
M&T Bank Corp.
324,833
45,431,144
Regions Financial Corp.
1,831,857
37,314,927
The PNC Financial Services Group,
Inc.
778,277
106,538,339
Truist Financial Corp.
2,600,716
86,395,785
U.S. Bancorp
2,722,392
108,024,515
Wells Fargo & Co.
7,322,817
338,021,233
Zions Bancorp NA
290,765
11,121,761
 
2,387,548,467
 
Capital Goods 5.6%
3M Co.
1,075,142
119,878,333
A.O. Smith Corp.
244,991
17,793,696
Allegion plc
170,968
19,979,320
AMETEK, Inc.
449,788
71,336,377
Axon Enterprise, Inc. *
137,378
25,542,692
Carrier Global Corp.
1,629,598
97,042,561
Caterpillar, Inc.
1,005,766
266,698,970
Cummins, Inc.
275,601
71,876,741
Deere & Co.
526,253
226,078,289
Dover Corp.
273,761
39,960,893
Eaton Corp. plc
777,905
159,719,455
Emerson Electric Co.
1,114,375
101,798,156
Fastenal Co.
1,112,121
65,181,412
Fortive Corp.
690,125
54,071,294
Generac Holdings, Inc. *
120,103
18,459,831
General Dynamics Corp.
439,022
98,156,539
General Electric Co.
2,125,208
242,783,762
Honeywell International, Inc.
1,298,651
252,107,119
Howmet Aerospace, Inc.
718,853
36,762,142
Huntington Ingalls Industries, Inc.
77,491
17,797,358
IDEX Corp.
147,519
33,311,265
Illinois Tool Works, Inc.
539,866
142,157,515
Ingersoll Rand, Inc.
787,589
51,405,934
SECURITY
NUMBER
OF SHARES
VALUE ($)
Johnson Controls International plc
1,338,987
93,126,546
L3Harris Technologies, Inc.
370,527
70,211,161
Lockheed Martin Corp.
439,880
196,349,236
Masco Corp.
440,646
26,738,399
Nordson Corp.
105,561
26,560,203
Northrop Grumman Corp.
278,781
124,057,545
Otis Worldwide Corp.
805,066
73,228,803
PACCAR, Inc.
1,020,339
87,881,798
Parker-Hannifin Corp.
250,382
102,659,124
Pentair plc
323,277
22,467,752
Quanta Services, Inc.
283,165
57,091,727
Rockwell Automation, Inc.
224,571
75,520,982
RTX Corp.
2,851,556
250,737,319
Snap-on, Inc.
103,428
28,177,924
Stanley Black & Decker, Inc.
299,406
29,722,034
Textron, Inc.
394,855
30,707,873
The Boeing Co. *
1,103,623
263,600,354
Trane Technologies plc
445,848
88,919,925
TransDigm Group, Inc.
101,841
91,628,385
United Rentals, Inc.
133,971
62,253,644
W.W. Grainger, Inc.
86,924
64,192,505
Westinghouse Air Brake
Technologies Corp.
350,242
41,482,662
Xylem, Inc.
467,266
52,684,241
 
4,189,899,796
 
Commercial & Professional Services 1.2%
Automatic Data Processing, Inc.
806,248
199,352,880
Broadridge Financial Solutions, Inc.
229,966
38,615,891
Ceridian HCM Holding, Inc. *
304,582
21,567,451
Cintas Corp.
168,807
84,747,866
Copart, Inc. *
838,312
74,098,398
Equifax, Inc.
239,270
48,830,222
Jacobs Solutions, Inc.
246,221
30,878,576
Leidos Holdings, Inc.
266,109
24,889,175
Paychex, Inc.
626,177
78,566,428
Paycom Software, Inc.
94,942
35,010,812
Republic Services, Inc., Class A
400,758
60,558,541
Robert Half, Inc.
209,373
15,525,008
Rollins, Inc.
450,410
18,390,240
Verisk Analytics, Inc., Class A
282,048
64,572,069
Waste Management, Inc.
723,029
118,424,920
 
914,028,477
 
Consumer Discretionary Distribution & Retail 5.4%
Advance Auto Parts, Inc.
116,085
8,635,563
Amazon.com, Inc. *
17,420,918
2,328,828,318
AutoZone, Inc. *
35,908
89,113,602
Bath & Body Works, Inc.
444,081
16,457,642
Best Buy Co., Inc.
380,154
31,571,790
CarMax, Inc. *
310,084
25,616,039
eBay, Inc.
1,044,750
46,501,823
Etsy, Inc. *
242,096
24,609,058
Genuine Parts Co.
274,181
42,695,465
  1

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
LKQ Corp.
495,541
27,150,691
Lowe’s Cos., Inc.
1,163,845
272,653,968
O'Reilly Automotive, Inc. *
118,812
109,994,961
Pool Corp.
76,194
29,314,880
Ross Stores, Inc.
668,687
76,658,278
The Home Depot, Inc.
1,976,319
659,774,335
The TJX Cos., Inc.
2,247,247
194,454,283
Tractor Supply Co.
214,128
47,962,531
Ulta Beauty, Inc. *
97,913
43,551,702
 
4,075,544,929
 
Consumer Durables & Apparel 0.8%
D.R. Horton, Inc.
606,518
77,039,916
Garmin Ltd.
298,501
31,608,271
Hasbro, Inc.
256,989
16,591,210
Lennar Corp., Class A
494,517
62,719,591
Mohawk Industries, Inc. *
102,037
10,850,615
Newell Brands, Inc.
739,471
8,252,496
NIKE, Inc., Class B
2,404,543
265,437,502
NVR, Inc. *
5,978
37,699,898
PulteGroup, Inc.
437,855
36,950,584
Ralph Lauren Corp., Class A
79,014
10,376,909
Tapestry, Inc.
455,848
19,669,841
VF Corp.
636,256
12,604,231
Whirlpool Corp.
105,680
15,245,397
 
605,046,461
 
Consumer Services 2.1%
Booking Holdings, Inc. *
72,080
214,135,264
Caesars Entertainment, Inc. *
422,550
24,938,901
Carnival Corp. *
1,957,482
36,878,961
Chipotle Mexican Grill, Inc., Class A *
53,765
105,501,984
Darden Restaurants, Inc.
235,697
39,813,937
Domino’s Pizza, Inc.
69,360
27,517,886
Expedia Group, Inc. *
278,451
34,118,601
Hilton Worldwide Holdings, Inc.
516,454
80,303,433
Las Vegas Sands Corp. *
641,344
38,358,785
Marriott International, Inc., Class A
503,220
101,554,828
McDonald’s Corp.
1,424,847
417,765,140
MGM Resorts International
590,006
29,954,605
Norwegian Cruise Line Holdings
Ltd. *
822,462
18,151,736
Royal Caribbean Cruises Ltd. *
430,340
46,954,397
Starbucks Corp.
2,237,307
227,243,272
Wynn Resorts Ltd.
203,193
22,143,973
Yum! Brands, Inc.
547,741
75,407,504
 
1,540,743,207
 
Consumer Staples Distribution & Retail 1.8%
Costco Wholesale Corp.
865,499
485,259,324
Dollar General Corp.
427,599
72,204,367
Dollar Tree, Inc. *
405,444
62,572,172
Sysco Corp.
990,764
75,605,201
Target Corp.
901,861
123,076,971
The Kroger Co.
1,272,741
61,906,122
Walgreens Boots Alliance, Inc.
1,397,142
41,872,346
Walmart, Inc.
2,737,345
437,591,972
 
1,360,088,475
 
Energy 4.3%
APA Corp.
605,192
24,504,224
Baker Hughes Co., Class A
1,971,345
70,554,437
Chevron Corp.
3,400,999
556,607,496
ConocoPhillips
2,361,544
278,000,960
Coterra Energy, Inc.
1,478,244
40,710,840
SECURITY
NUMBER
OF SHARES
VALUE ($)
Devon Energy Corp.
1,250,215
67,511,610
Diamondback Energy, Inc.
353,812
52,123,584
EOG Resources, Inc.
1,141,660
151,304,200
EQT Corp.
707,395
29,837,921
Exxon Mobil Corp.
7,890,294
846,155,128
Halliburton Co.
1,764,610
68,960,959
Hess Corp.
538,008
81,631,954
Kinder Morgan, Inc.
3,853,000
68,236,630
Marathon Oil Corp.
1,206,953
31,706,655
Marathon Petroleum Corp.
828,028
110,144,285
Occidental Petroleum Corp.
1,404,978
88,696,261
ONEOK, Inc.
872,669
58,503,730
Phillips 66
895,852
99,932,291
Pioneer Natural Resources Co.
456,158
102,941,176
Schlumberger Ltd.
2,781,667
162,282,453
Targa Resources Corp.
440,749
36,137,010
The Williams Cos., Inc.
2,377,431
81,902,498
Valero Energy Corp.
706,270
91,045,266
 
3,199,431,568
 
Equity Real Estate Investment Trusts (REITs) 2.3%
Alexandria Real Estate Equities, Inc.
307,268
38,617,442
American Tower Corp.
909,527
173,092,083
AvalonBay Communities, Inc.
277,007
52,257,371
Boston Properties, Inc.
276,018
18,391,079
Camden Property Trust
209,319
22,834,610
Crown Castle, Inc.
845,649
91,575,330
Digital Realty Trust, Inc.
567,407
70,710,260
Equinix, Inc.
182,543
147,845,227
Equity Residential
664,696
43,830,054
Essex Property Trust, Inc.
125,699
30,613,992
Extra Space Storage, Inc.
412,199
57,530,614
Federal Realty Investment Trust
145,014
14,721,821
Healthpeak Properties, Inc.
1,071,240
23,385,169
Host Hotels & Resorts, Inc.
1,382,632
25,440,429
Invitation Homes, Inc.
1,132,920
40,218,660
Iron Mountain, Inc.
566,427
34,778,618
Kimco Realty Corp.
1,201,571
24,343,829
Mid-America Apartment
Communities, Inc.
227,427
34,036,725
Prologis, Inc.
1,802,231
224,828,317
Public Storage
308,802
87,004,964
Realty Income Corp.
1,314,758
80,160,795
Regency Centers Corp.
298,538
19,563,195
SBA Communications Corp., Class A
211,535
46,315,588
Simon Property Group, Inc.
639,086
79,630,116
UDR, Inc.
600,632
24,553,836
Ventas, Inc.
784,317
38,055,061
VICI Properties, Inc., Class A
1,955,867
61,570,693
Welltower, Inc.
971,186
79,782,930
Weyerhaeuser Co.
1,428,112
48,641,495
 
1,734,330,303
 
Financial Services 7.3%
American Express Co.
1,160,404
195,969,028
Ameriprise Financial, Inc.
202,860
70,686,567
Berkshire Hathaway, Inc., Class B *
3,480,256
1,224,910,902
BlackRock, Inc.
292,277
215,948,861
Capital One Financial Corp.
745,739
87,266,378
Cboe Global Markets, Inc.
205,109
28,649,625
CME Group, Inc.
702,383
139,746,122
Discover Financial Services
495,076
52,255,272
FactSet Research Systems, Inc.
75,058
32,653,232
Fidelity National Information
Services, Inc.
1,159,030
69,982,231
Fiserv, Inc. *
1,204,738
152,049,983
FleetCor Technologies, Inc. *
143,976
35,837,066
2  

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Franklin Resources, Inc.
551,266
16,119,018
Global Payments, Inc.
511,233
56,363,438
Intercontinental Exchange, Inc.
1,093,576
125,542,525
Invesco Ltd.
894,107
15,020,998
Jack Henry & Associates, Inc.
141,555
23,720,371
MarketAxess Holdings, Inc.
74,146
19,961,586
Mastercard, Inc., Class A
1,633,016
643,865,549
Moody's Corp.
307,620
108,512,955
Morgan Stanley
2,542,320
232,774,819
MSCI, Inc., Class A
156,513
85,781,645
Nasdaq, Inc.
657,743
33,209,444
Northern Trust Corp.
407,347
32,636,642
PayPal Holdings, Inc. *
2,177,421
165,092,060
Raymond James Financial, Inc.
373,776
41,141,524
S&P Global, Inc.
640,123
252,534,925
State Street Corp.
653,035
47,305,855
Synchrony Financial
837,622
28,931,464
T. Rowe Price Group, Inc.
438,727
54,077,490
The Bank of New York Mellon Corp.
1,399,284
63,471,522
The Charles Schwab Corp. (a)
2,882,146
190,509,851
The Goldman Sachs Group, Inc.
648,803
230,889,524
Visa, Inc., Class A
3,158,114
750,778,441
 
5,524,196,913
 
Food, Beverage & Tobacco 3.3%
Altria Group, Inc.
3,483,673
158,228,428
Archer-Daniels-Midland Co.
1,062,883
90,302,540
Brown-Forman Corp., Class B
357,969
25,272,611
Bunge Ltd.
294,389
31,991,253
Campbell Soup Co.
394,808
18,090,102
Conagra Brands, Inc.
935,737
30,701,531
Constellation Brands, Inc., Class A
315,065
85,949,732
General Mills, Inc.
1,147,106
85,734,702
Hormel Foods Corp.
568,242
23,229,733
Kellogg Co.
501,717
33,559,850
Keurig Dr Pepper, Inc.
1,644,504
55,929,581
Lamb Weston Holdings, Inc.
284,403
29,472,683
McCormick & Co., Inc. - Non Voting
Shares
490,097
43,853,879
Molson Coors Beverage Co., Class B
364,683
25,443,933
Mondelez International, Inc., Class A
2,657,784
197,021,528
Monster Beverage Corp. *
1,492,131
85,782,611
PepsiCo, Inc.
2,688,697
504,023,140
Philip Morris International, Inc.
3,029,258
302,077,608
The Coca-Cola Co.
7,595,838
470,410,247
The Hershey Co.
286,833
66,347,341
The JM Smucker Co.
208,411
31,397,117
The Kraft Heinz Co.
1,556,048
56,297,817
Tyson Foods, Inc., Class A
557,369
31,056,601
 
2,482,174,568
 
Health Care Equipment & Services 5.6%
Abbott Laboratories
3,393,718
377,822,625
Align Technology, Inc. *
138,986
52,521,420
AmerisourceBergen Corp.
315,884
59,038,720
Baxter International, Inc.
988,933
44,729,440
Becton, Dickinson & Co.
554,385
154,462,749
Boston Scientific Corp. *
2,806,019
145,492,085
Cardinal Health, Inc.
497,521
45,508,246
Centene Corp. *
1,069,282
72,807,411
Cigna Corp.
577,422
170,397,232
CVS Health Corp.
2,501,992
186,873,782
DaVita, Inc. *
107,976
11,012,472
Dentsply Sirona, Inc.
413,512
17,169,018
DexCom, Inc. *
757,363
94,337,135
Edwards Lifesciences Corp. *
1,184,255
97,191,808
Elevance Health, Inc.
462,637
218,193,488
SECURITY
NUMBER
OF SHARES
VALUE ($)
GE Healthcare, Inc. *
761,854
59,424,612
HCA Healthcare, Inc.
402,950
109,928,789
Henry Schein, Inc. *
257,502
20,288,583
Hologic, Inc. *
480,431
38,155,830
Humana, Inc.
244,093
111,509,005
IDEXX Laboratories, Inc. *
162,277
90,019,920
Insulet Corp. *
136,521
37,782,187
Intuitive Surgical, Inc. *
683,835
221,836,074
Laboratory Corp. of America
Holdings
173,615
37,141,457
McKesson Corp.
264,902
106,596,565
Medtronic plc
2,596,447
227,864,189
Molina Healthcare, Inc. *
113,780
34,644,872
Quest Diagnostics, Inc.
218,762
29,578,810
ResMed, Inc.
286,208
63,638,349
STERIS plc
193,622
43,671,442
Stryker Corp.
659,334
186,861,849
Teleflex, Inc.
90,964
22,847,428
The Cooper Cos., Inc.
96,516
37,762,850
UnitedHealth Group, Inc.
1,816,996
920,072,264
Universal Health Services, Inc.,
Class B
122,808
17,065,400
Zimmer Biomet Holdings, Inc.
406,466
56,153,278
 
4,220,401,384
 
Household & Personal Products 1.5%
Church & Dwight Co., Inc.
477,449
45,677,546
Colgate-Palmolive Co.
1,619,981
123,539,751
Kimberly-Clark Corp.
658,096
84,960,193
The Clorox Co.
241,541
36,588,631
The Estee Lauder Cos., Inc., Class A
452,797
81,503,460
The Procter & Gamble Co.
4,599,846
718,955,930
 
1,091,225,511
 
Insurance 2.0%
Aflac, Inc.
1,074,644
77,739,747
American International Group, Inc.
1,413,309
85,194,266
Aon plc, Class A
398,747
127,000,919
Arch Capital Group Ltd. *
726,452
56,438,056
Arthur J. Gallagher & Co.
418,031
89,793,059
Assurant, Inc.
102,906
13,841,886
Brown & Brown, Inc.
460,419
32,436,519
Chubb Ltd.
808,299
165,224,399
Cincinnati Financial Corp.
306,813
33,006,943
Everest Re Group Ltd.
83,896
30,245,347
Globe Life, Inc.
173,427
19,453,307
Lincoln National Corp.
302,746
8,488,998
Loews Corp.
371,225
23,257,246
Marsh & McLennan Cos., Inc.
965,494
181,918,379
MetLife, Inc.
1,252,393
78,863,187
Principal Financial Group, Inc.
440,619
35,192,239
Prudential Financial, Inc.
710,833
68,588,276
The Allstate Corp.
513,364
57,845,855
The Hartford Financial Services
Group, Inc.
607,042
43,634,179
The Progressive Corp.
1,142,722
143,960,118
The Travelers Cos., Inc.
451,488
77,931,344
W.R. Berkley Corp.
393,251
24,259,654
Willis Towers Watson plc
207,954
43,946,919
 
1,518,260,842
 
Materials 2.5%
Air Products & Chemicals, Inc.
433,754
132,438,109
Albemarle Corp.
228,954
48,602,355
Amcor plc
2,887,282
29,623,513
Avery Dennison Corp.
157,551
28,990,960
  3

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ball Corp.
613,752
36,021,105
Celanese Corp., Class A
194,250
24,357,008
CF Industries Holdings, Inc.
381,713
31,331,003
Corteva, Inc.
1,389,566
78,413,209
Dow, Inc.
1,377,041
77,761,505
DuPont de Nemours, Inc.
894,181
69,415,271
Eastman Chemical Co.
232,536
19,900,431
Ecolab, Inc.
483,496
88,547,457
FMC Corp.
245,192
23,594,826
Freeport-McMoRan, Inc.
2,793,016
124,708,164
International Flavors & Fragrances,
Inc.
499,775
42,285,963
International Paper Co.
682,359
24,605,866
Linde plc
955,494
373,282,841
LyondellBasell Industries N.V.,
Class A
493,890
48,825,965
Martin Marietta Materials, Inc.
120,957
54,002,462
Newmont Corp.
1,547,190
66,405,395
Nucor Corp.
490,863
84,472,614
Packaging Corp. of America
176,526
27,070,262
PPG Industries, Inc.
458,377
65,960,450
Sealed Air Corp.
282,046
12,866,939
Steel Dynamics, Inc.
313,366
33,398,548
The Mosaic Co.
651,376
26,550,086
The Sherwin-Williams Co.
458,508
126,777,462
Vulcan Materials Co.
259,494
57,218,427
Westrock Co.
504,997
16,811,350
 
1,874,239,546
 
Media & Entertainment 7.8%
Activision Blizzard, Inc. *
1,397,480
129,630,245
Alphabet, Inc., Class A *
11,594,419
1,538,811,290
Alphabet, Inc., Class C *
9,973,386
1,327,557,410
Charter Communications, Inc.,
Class A *
203,099
82,293,684
Comcast Corp., Class A
8,117,426
367,394,701
Electronic Arts, Inc.
507,189
69,155,220
Fox Corp., Class A
530,020
17,729,169
Fox Corp., Class B
263,750
8,284,387
Live Nation Entertainment, Inc. *
281,788
24,726,897
Match Group, Inc. *
546,652
25,424,785
Meta Platforms, Inc., Class A *
4,317,224
1,375,467,566
Netflix, Inc. *
867,563
380,834,130
News Corp., Class A
735,394
14,575,509
News Corp., Class B
225,271
4,530,200
Omnicom Group, Inc.
391,075
33,092,766
Paramount Global, Class B
980,201
15,712,622
Take-Two Interactive Software, Inc. *
309,941
47,402,377
The Interpublic Group of Cos., Inc.
749,031
25,639,331
The Walt Disney Co. *
3,566,157
316,995,696
Warner Bros Discovery, Inc. *
4,324,918
56,526,678
 
5,861,784,663
 
Pharmaceuticals, Biotechnology & Life Sciences 7.4%
AbbVie, Inc.
3,443,178
515,030,565
Agilent Technologies, Inc.
575,702
70,103,233
Amgen, Inc.
1,042,789
244,169,044
Biogen, Inc. *
283,136
76,500,516
Bio-Rad Laboratories, Inc., Class A *
41,417
16,788,795
Bio-Techne Corp.
305,368
25,467,691
Bristol-Myers Squibb Co.
4,100,000
254,979,000
Catalent, Inc. *
349,940
16,979,089
Charles River Laboratories
International, Inc. *
99,073
20,759,756
Danaher Corp.
1,296,071
330,575,869
Eli Lilly & Co.
1,537,654
698,940,626
Gilead Sciences, Inc.
2,434,326
185,349,582
SECURITY
NUMBER
OF SHARES
VALUE ($)
Illumina, Inc. *
308,203
59,221,206
Incyte Corp. *
359,442
22,903,644
IQVIA Holdings, Inc. *
362,892
81,200,714
Johnson & Johnson
5,071,673
849,657,378
Merck & Co., Inc.
4,952,045
528,135,599
Mettler-Toledo International, Inc. *
42,883
53,924,086
Moderna, Inc. *
641,284
75,453,475
Organon & Co.
494,752
10,874,649
Pfizer, Inc.
11,017,346
397,285,497
Regeneron Pharmaceuticals, Inc. *
210,561
156,217,312
Revvity, Inc.
243,495
29,937,710
Thermo Fisher Scientific, Inc.
752,771
413,015,337
Vertex Pharmaceuticals, Inc. *
502,637
177,099,121
Viatris, Inc.
2,349,739
24,742,752
Waters Corp. *
115,604
31,930,981
West Pharmaceutical Services, Inc.
144,827
53,302,129
Zoetis, Inc.
901,855
169,629,907
 
5,590,175,263
 
Real Estate Management & Development 0.2%
CBRE Group, Inc., Class A *
606,904
50,561,172
CoStar Group, Inc. *
799,129
67,102,862
 
117,664,034
 
Semiconductors & Semiconductor Equipment 7.6%
Advanced Micro Devices, Inc. *
3,142,773
359,533,231
Analog Devices, Inc.
987,218
196,979,608
Applied Materials, Inc.
1,649,327
250,021,480
Broadcom, Inc.
813,666
731,200,951
Enphase Energy, Inc. *
267,854
40,668,273
First Solar, Inc. *
193,776
40,189,142
Intel Corp.
8,140,098
291,171,305
KLA Corp.
267,751
137,610,626
Lam Research Corp.
262,177
188,371,553
Microchip Technology, Inc.
1,069,075
100,428,906
Micron Technology, Inc.
2,136,343
152,513,527
Monolithic Power Systems, Inc.
88,009
49,240,155
NVIDIA Corp.
4,826,543
2,255,395,278
NXP Semiconductors N.V.
506,346
112,905,031
ON Semiconductor Corp. *
843,555
90,893,051
Qorvo, Inc. *
196,056
21,570,081
QUALCOMM, Inc.
2,174,076
287,347,625
Skyworks Solutions, Inc.
310,569
35,519,777
SolarEdge Technologies, Inc. *
110,104
26,585,712
Teradyne, Inc.
302,852
34,204,105
Texas Instruments, Inc.
1,771,372
318,846,960
 
5,721,196,377
 
Software & Services 11.2%
Accenture plc, Class A
1,232,494
389,899,477
Adobe, Inc. *
895,196
488,929,199
Akamai Technologies, Inc. *
297,664
28,129,248
ANSYS, Inc. *
168,931
57,791,295
Autodesk, Inc. *
418,076
88,627,931
Cadence Design Systems, Inc. *
532,503
124,611,027
Cognizant Technology Solutions
Corp., Class A
987,812
65,225,226
DXC Technology Co. *
441,255
12,200,701
EPAM Systems, Inc. *
113,273
26,824,179
Fair Isaac Corp. *
48,744
40,846,010
Fortinet, Inc. *
1,271,878
98,850,358
Gartner, Inc. *
154,331
54,569,898
Gen Digital, Inc.
1,116,366
21,713,319
International Business Machines
Corp.
1,772,135
255,506,424
Intuit, Inc.
547,512
280,161,890
4  

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Microsoft Corp.
14,511,053
4,874,552,924
Oracle Corp.
3,003,283
352,074,866
Palo Alto Networks, Inc. *
590,629
147,633,625
PTC, Inc. *
208,760
30,439,296
Roper Technologies, Inc.
208,024
102,566,233
Salesforce, Inc. *
1,910,655
429,916,482
ServiceNow, Inc. *
397,618
231,811,294
Synopsys, Inc. *
297,312
134,325,562
Tyler Technologies, Inc. *
81,794
32,441,954
VeriSign, Inc. *
176,736
37,282,459
 
8,406,930,877
 
Technology Hardware & Equipment 9.2%
Amphenol Corp., Class A
1,160,236
102,460,441
Apple Inc.
28,855,039
5,668,572,411
Arista Networks, Inc. *
487,802
75,653,212
CDW Corp.
263,098
49,217,743
Cisco Systems, Inc.
7,993,383
415,975,651
Corning, Inc.
1,493,061
50,674,490
F5, Inc. *
116,787
18,480,375
Hewlett Packard Enterprise Co.
2,536,114
44,077,661
HP, Inc.
1,691,932
55,546,128
Juniper Networks, Inc.
622,676
17,310,393
Keysight Technologies, Inc. *
347,296
55,942,440
Motorola Solutions, Inc.
327,123
93,763,264
NetApp, Inc.
419,396
32,717,082
Seagate Technology Holdings plc
374,100
23,755,350
TE Connectivity Ltd.
616,087
88,402,324
Teledyne Technologies, Inc. *
91,741
35,277,167
Trimble, Inc. *
486,036
26,148,737
Western Digital Corp. *
627,219
26,694,441
Zebra Technologies Corp., Class A *
100,373
30,910,869
 
6,911,580,179
 
Telecommunication Services 0.8%
AT&T, Inc.
13,951,944
202,582,227
T-Mobile US, Inc. *
1,124,017
154,855,822
Verizon Communications, Inc.
8,204,483
279,608,781
 
637,046,830
 
Transportation 1.6%
Alaska Air Group, Inc. *
252,607
12,284,278
American Airlines Group, Inc. *
1,267,706
21,234,076
C.H. Robinson Worldwide, Inc.
225,323
22,572,858
CSX Corp.
3,969,063
132,249,179
Delta Air Lines, Inc.
1,253,916
58,006,154
Expeditors International of
Washington, Inc.
299,480
38,123,804
FedEx Corp.
451,919
121,995,534
JB Hunt Transport Services, Inc.
162,534
33,147,184
Norfolk Southern Corp.
443,819
103,671,680
Old Dominion Freight Line, Inc.
175,051
73,432,144
Southwest Airlines Co.
1,158,992
39,591,167
Union Pacific Corp.
1,189,877
276,075,262
SECURITY
NUMBER
OF SHARES
VALUE ($)
United Airlines Holdings, Inc. *
637,277
34,610,514
United Parcel Service, Inc., Class B
1,414,476
264,690,894
 
1,231,684,728
 
Utilities 2.5%
Alliant Energy Corp.
487,762
26,212,330
Ameren Corp.
513,781
44,015,618
American Electric Power Co., Inc.
1,005,090
85,171,327
American Water Works Co., Inc.
379,748
55,986,248
Atmos Energy Corp.
281,932
34,313,944
CenterPoint Energy, Inc.
1,231,525
37,056,587
CMS Energy Corp.
569,103
34,755,120
Consolidated Edison, Inc.
675,034
64,033,725
Constellation Energy Corp.
632,372
61,118,754
Dominion Energy, Inc.
1,632,529
87,421,928
DTE Energy Co.
403,080
46,072,044
Duke Energy Corp.
1,504,432
140,844,924
Edison International
747,538
53,792,834
Entergy Corp.
411,897
42,301,822
Evergy, Inc.
445,525
26,718,134
Eversource Energy
681,609
49,300,779
Exelon Corp.
1,942,861
81,328,161
FirstEnergy Corp.
1,059,708
41,741,898
NextEra Energy, Inc.
3,948,898
289,454,223
NiSource, Inc.
811,171
22,583,001
NRG Energy, Inc.
445,205
16,913,338
PG&E Corp. *
3,152,911
55,522,763
Pinnacle West Capital Corp.
222,362
18,416,021
PPL Corp.
1,436,454
39,545,579
Public Service Enterprise Group, Inc.
972,095
61,358,636
Sempra Energy
614,252
91,535,833
The AES Corp.
1,310,987
28,356,649
The Southern Co.
2,128,231
153,956,231
WEC Energy Group, Inc.
615,171
55,279,266
Xcel Energy, Inc.
1,071,744
67,230,501
 
1,912,338,218
Total Common Stocks
(Cost $32,330,284,203)
74,798,191,077
Total Investments in Securities
(Cost $32,330,284,203)
74,798,191,077
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 500 Index, e-mini,
expires 09/15/23
1,648
380,234,800
4,407,637
*
Non-income producing security.
(a)
Issuer is affiliated with the fund’s investment adviser.
  5

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
Below is a summary of the fund’s transactions with affiliated issuers during the period ended July 31, 2023:
SECURITY
VALUE AT
10/31/22
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
7/31/23
BALANCE
OF SHARES
HELD AT
7/31/23
DIVIDENDS
RECEIVED
COMMON STOCKS 0.3% OF NET ASSETS
 
Financial Services 0.3%
The Charles Schwab Corp.
$226,553,277
$7,147,461
($3,644,503)
($1,714,783)
($37,831,601)
$190,509,851
2,882,146
$2,069,800

The following is a summary of the inputs used to value the fund’s investments as of July 31, 2023:
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$74,798,191,077
$
$
$74,798,191,077
Futures Contracts2
4,407,637
4,407,637
Total
$74,802,598,714
$—
$—
$74,802,598,714
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
6  

Schwab Investments
Schwab 1000 Index Fund
Portfolio Holdings as of July 31, 2023 (Unaudited)
The following are the portfolio holdings as of the report date. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.5% OF NET ASSETS
 
Automobiles & Components 2.2%
Aptiv plc *
89,240
9,770,888
Autoliv, Inc.
25,473
2,570,990
BorgWarner, Inc.
77,100
3,585,150
Ford Motor Co.
1,297,855
17,144,664
General Motors Co.
458,810
17,604,540
Gentex Corp.
77,856
2,614,404
Harley-Davidson, Inc.
43,452
1,677,682
Lear Corp.
19,605
3,034,070
Lucid Group, Inc. *
269,075
2,047,661
Phinia, Inc. *
15,420
437,465
Rivian Automotive, Inc., Class A *
184,834
5,108,812
Tesla, Inc. *
889,539
237,889,415
Thor Industries, Inc.
17,593
2,031,815
 
305,517,556
 
Banks 3.2%
Bank of America Corp.
2,289,358
73,259,456
Bank OZK
35,170
1,537,984
BOK Financial Corp.
9,558
851,427
Cadence Bank
61,343
1,536,642
Citigroup, Inc.
642,804
30,636,039
Citizens Financial Group, Inc.
159,913
5,158,793
Comerica, Inc.
43,691
2,357,566
Commerce Bancshares, Inc.
37,391
1,988,453
Cullen/Frost Bankers, Inc.
21,276
2,310,148
East West Bancorp, Inc.
46,775
2,909,873
F.N.B. Corp.
118,454
1,515,027
Fifth Third Bancorp
224,092
6,521,077
First Citizens BancShares, Inc.,
Class A
3,919
5,609,265
First Financial Bankshares, Inc.
43,280
1,410,495
First Horizon Corp.
179,205
2,442,564
First Interstate BancSystem, Inc.,
Class A
28,971
832,337
Glacier Bancorp, Inc.
36,125
1,181,288
Home BancShares, Inc.
62,038
1,508,144
Huntington Bancshares, Inc.
476,079
5,827,207
JPMorgan Chase & Co.
964,898
152,415,288
KeyCorp
309,883
3,814,660
M&T Bank Corp.
54,802
7,664,608
New York Community Bancorp, Inc.
239,786
3,325,832
Old National Bancorp
95,535
1,626,961
Pinnacle Financial Partners, Inc.
25,092
1,904,483
Popular, Inc.
23,499
1,704,852
Prosperity Bancshares, Inc.
31,192
1,975,077
Regions Financial Corp.
310,093
6,316,594
ServisFirst Bancshares, Inc.
15,982
953,806
SouthState Corp.
25,289
1,964,197
Synovus Financial Corp.
47,902
1,623,878
SECURITY
NUMBER
OF SHARES
VALUE ($)
The PNC Financial Services Group,
Inc.
131,634
18,019,378
Truist Financial Corp.
439,882
14,612,880
U.S. Bancorp
460,740
18,282,163
UMB Financial Corp.
14,165
1,005,715
United Bankshares, Inc.
43,908
1,468,284
Valley National Bancorp
137,143
1,407,087
Webster Financial Corp.
58,045
2,746,689
Wells Fargo & Co.
1,239,211
57,201,980
Western Alliance Bancorp
36,507
1,896,539
Wintrust Financial Corp.
20,348
1,716,557
Zions Bancorp NA
49,006
1,874,479
 
454,915,772
 
Capital Goods 6.0%
3M Co.
182,183
20,313,404
A.O. Smith Corp.
41,136
2,987,708
Acuity Brands, Inc.
10,540
1,741,630
Advanced Drainage Systems, Inc.
20,498
2,500,551
AECOM
45,704
3,976,248
AGCO Corp.
20,543
2,734,273
Allegion plc
29,101
3,400,743
AMETEK, Inc.
76,122
12,072,949
Axon Enterprise, Inc. *
23,178
4,309,486
Bloom Energy Corp., Class A *
61,550
1,099,283
Builders FirstSource, Inc. *
42,209
6,096,246
BWX Technologies, Inc.
30,471
2,102,499
Carlisle Cos., Inc.
16,834
4,666,385
Carrier Global Corp.
275,703
16,418,114
Caterpillar, Inc.
170,137
45,115,228
ChargePoint Holdings, Inc. *(a)
89,254
772,940
Chart Industries, Inc. *
13,722
2,499,600
Crane Co.
15,679
1,468,966
Crane NXT Co.
15,679
927,413
Cummins, Inc.
46,756
12,193,965
Curtiss-Wright Corp.
12,770
2,443,667
Deere & Co.
89,044
38,253,302
Donaldson Co., Inc.
40,226
2,527,400
Dover Corp.
46,298
6,758,119
Eaton Corp. plc
131,635
27,027,298
EMCOR Group, Inc.
15,775
3,392,256
Emerson Electric Co.
188,718
17,239,389
Fastenal Co.
188,655
11,057,070
Fortive Corp.
116,782
9,149,870
Fortune Brands Innovations, Inc.
42,029
2,987,001
Generac Holdings, Inc. *
20,496
3,150,235
General Dynamics Corp.
74,272
16,605,734
General Electric Co.
359,576
41,077,962
Graco, Inc.
55,577
4,408,923
HEICO Corp.
13,109
2,306,922
HEICO Corp., Class A
23,170
3,251,909
Hexcel Corp.
27,935
1,974,446
Honeywell International, Inc.
219,638
42,638,325
Howmet Aerospace, Inc.
121,637
6,220,516
Hubbell, Inc., Class B
17,717
5,527,704
  7

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Huntington Ingalls Industries, Inc.
13,251
3,043,357
IDEX Corp.
24,864
5,614,540
Illinois Tool Works, Inc.
91,351
24,054,545
Ingersoll Rand, Inc.
133,864
8,737,303
ITT, Inc.
27,189
2,708,024
Johnson Controls International plc
226,789
15,773,175
L3Harris Technologies, Inc.
62,469
11,837,251
Lennox International, Inc.
10,668
3,919,850
Lincoln Electric Holdings, Inc.
19,091
3,831,755
Lockheed Martin Corp.
74,337
33,181,807
Masco Corp.
74,393
4,514,167
MasTec, Inc. *
19,730
2,323,207
Masterbrand, Inc. *
42,420
523,887
MDU Resources Group, Inc.
67,333
1,489,406
Nordson Corp.
17,784
4,474,632
Northrop Grumman Corp.
47,136
20,975,520
nVent Electric plc
54,686
2,891,796
Oshkosh Corp.
21,668
1,994,973
Otis Worldwide Corp.
136,314
12,399,121
Owens Corning
29,608
4,144,824
PACCAR, Inc.
172,586
14,864,832
Parker-Hannifin Corp.
42,378
17,375,404
Parsons Corp. *
10,807
534,082
Pentair plc
54,660
3,798,870
Plug Power, Inc. *(a)
178,600
2,343,232
Quanta Services, Inc.
47,945
9,666,671
RBC Bearings, Inc. *
9,507
2,149,057
Regal Rexnord Corp.
21,965
3,430,494
Rockwell Automation, Inc.
37,938
12,758,170
RTX Corp.
482,451
42,421,916
Sensata Technologies Holding plc
50,073
2,115,584
SiteOne Landscape Supply, Inc. *
14,826
2,520,420
Snap-on, Inc.
17,404
4,741,546
Stanley Black & Decker, Inc.
50,588
5,021,871
Sunrun, Inc. *
71,233
1,352,002
Textron, Inc.
66,613
5,180,493
The Boeing Co. *
186,721
44,598,311
The Middleby Corp. *
17,694
2,686,834
The Timken Co.
21,550
2,001,133
The Toro Co.
34,415
3,498,285
Trane Technologies plc
75,267
15,011,250
TransDigm Group, Inc.
17,232
15,503,975
Trex Co., Inc. *
35,957
2,486,067
UFP Industries, Inc.
20,595
2,116,342
United Rentals, Inc.
22,659
10,529,184
Univar Solutions, Inc. *
52,097
1,882,786
Valmont Industries, Inc.
6,963
1,843,454
Vertiv Holdings Co., Class A
99,551
2,589,321
W.W. Grainger, Inc.
14,713
10,865,403
Watsco, Inc.
11,057
4,181,647
WESCO International, Inc.
14,825
2,602,825
Westinghouse Air Brake
Technologies Corp.
59,352
7,029,651
WillScot Mobile Mini Holdings
Corp. *
66,841
3,205,026
Woodward, Inc.
19,749
2,377,385
Xylem, Inc.
79,029
8,910,520
Zurn Elkay Water Solutions Corp.
47,551
1,447,452
 
839,470,314
 
Commercial & Professional Services 1.5%
ASGN, Inc. *
16,309
1,244,703
Automatic Data Processing, Inc.
136,427
33,732,940
Booz Allen Hamilton Holding Corp.,
Class A
43,720
5,293,618
Broadridge Financial Solutions, Inc.
38,969
6,543,674
CACI International, Inc., Class A *
7,529
2,638,463
SECURITY
NUMBER
OF SHARES
VALUE ($)
Casella Waste Systems, Inc.,
Class A *
18,543
1,496,235
Ceridian HCM Holding, Inc. *
51,214
3,626,463
Cintas Corp.
28,539
14,327,720
Clarivate plc *
140,745
1,338,485
Clean Harbors, Inc. *
16,507
2,744,454
Concentrix Corp.
14,130
1,176,181
Copart, Inc. *
141,609
12,516,820
Driven Brands Holdings, Inc. *
17,974
464,987
Dun & Bradstreet Holdings, Inc.
70,789
836,726
Equifax, Inc.
40,522
8,269,730
ExlService Holdings, Inc. *
11,067
1,559,894
Exponent, Inc.
16,660
1,492,403
FTI Consulting, Inc. *
11,303
1,979,833
Genpact Ltd.
56,126
2,025,587
Insperity, Inc.
11,710
1,377,681
Jacobs Solutions, Inc.
41,800
5,242,138
KBR, Inc.
44,947
2,763,791
Leidos Holdings, Inc.
45,473
4,253,090
MSA Safety, Inc.
12,118
2,011,588
Paychex, Inc.
105,974
13,296,558
Paycom Software, Inc.
16,062
5,923,023
Paycor HCM, Inc. *
15,359
412,543
Paylocity Holding Corp. *
13,739
3,116,692
Republic Services, Inc., Class A
67,868
10,255,533
Robert Half, Inc.
35,475
2,630,471
Rollins, Inc.
76,416
3,120,065
Science Applications International
Corp.
17,981
2,181,815
SS&C Technologies Holdings, Inc.
71,297
4,153,050
Stericycle, Inc. *
30,902
1,313,026
Tetra Tech, Inc.
17,647
2,986,049
TransUnion
63,817
5,085,577
TriNet Group, Inc. *
11,582
1,218,774
Verisk Analytics, Inc., Class A
47,733
10,927,993
Waste Management, Inc.
122,362
20,041,672
 
205,620,045
 
Consumer Discretionary Distribution & Retail 5.1%
Advance Auto Parts, Inc.
19,398
1,443,017
Amazon.com, Inc. *
2,947,356
394,002,550
AutoNation, Inc. *
10,403
1,674,675
AutoZone, Inc. *
6,073
15,071,486
Bath & Body Works, Inc.
75,621
2,802,514
Best Buy Co., Inc.
64,022
5,317,027
Burlington Stores, Inc. *
21,327
3,788,102
CarMax, Inc. *
52,226
4,314,390
Dick's Sporting Goods, Inc.
20,316
2,864,556
eBay, Inc.
176,328
7,848,359
Etsy, Inc. *
40,747
4,141,933
Five Below, Inc. *
18,296
3,811,789
Floor & Decor Holdings, Inc.,
Class A *
35,280
4,051,908
GameStop Corp., Class A *(a)
83,823
1,860,871
Genuine Parts Co.
46,516
7,243,471
Lithia Motors, Inc., Class A
9,150
2,841,349
LKQ Corp.
83,996
4,602,141
Lowe’s Cos., Inc.
196,893
46,126,123
Macy's, Inc.
90,685
1,504,464
Murphy USA, Inc.
6,584
2,021,485
O'Reilly Automotive, Inc. *
20,090
18,599,121
Penske Automotive Group, Inc.
7,989
1,289,584
Pool Corp.
12,890
4,959,299
RH *
5,906
2,292,532
Ross Stores, Inc.
112,828
12,934,602
The Home Depot, Inc.
334,391
111,633,091
The TJX Cos., Inc.
380,274
32,905,109
Tractor Supply Co.
36,237
8,116,726
8  

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ulta Beauty, Inc. *
16,529
7,352,099
Valvoline, Inc.
45,847
1,740,811
Williams-Sonoma, Inc.
21,701
3,008,627
 
722,163,811
 
Consumer Durables & Apparel 1.0%
Brunswick Corp.
23,169
1,999,716
Capri Holdings Ltd. *
41,269
1,523,239
Columbia Sportswear Co.
11,637
914,785
Crocs, Inc. *
20,622
2,234,394
D.R. Horton, Inc.
102,223
12,984,365
Deckers Outdoor Corp. *
8,666
4,711,618
Garmin Ltd.
50,533
5,350,939
Hasbro, Inc.
43,052
2,779,437
Leggett & Platt, Inc.
44,477
1,301,397
Lennar Corp., Class A
83,803
10,628,734
Lululemon Athletica, Inc. *
38,209
14,463,253
Mattel, Inc. *
115,874
2,468,116
Mohawk Industries, Inc. *
17,577
1,869,138
Newell Brands, Inc.
123,952
1,383,304
NIKE, Inc., Class B
406,829
44,909,853
NVR, Inc. *
1,008
6,356,892
Polaris, Inc.
17,819
2,420,533
PulteGroup, Inc.
73,400
6,194,226
Skechers U.S.A., Inc., Class A *
44,536
2,475,311
Tapestry, Inc.
76,509
3,301,363
Tempur Sealy International, Inc.
57,155
2,550,828
Toll Brothers, Inc.
33,813
2,716,198
TopBuild Corp. *
10,503
2,877,087
VF Corp.
109,976
2,178,625
Whirlpool Corp.
18,107
2,612,116
 
143,205,467
 
Consumer Services 2.3%
ADT, Inc.
69,869
445,764
Airbnb, Inc., Class A *
136,181
20,725,386
Aramark
86,472
3,490,875
Booking Holdings, Inc. *
12,177
36,175,432
Boyd Gaming Corp.
25,356
1,732,322
Caesars Entertainment, Inc. *
70,757
4,176,078
Carnival Corp. *
330,479
6,226,224
Chipotle Mexican Grill, Inc., Class A *
9,111
17,878,333
Choice Hotels International, Inc.
8,660
1,132,295
Churchill Downs, Inc.
21,806
2,526,225
Darden Restaurants, Inc.
40,053
6,765,753
Domino’s Pizza, Inc.
11,603
4,603,374
DoorDash, Inc., Class A *
87,153
7,912,621
DraftKings, Inc., Class A *
152,543
4,847,817
Expedia Group, Inc. *
47,096
5,770,673
H&R Block, Inc.
49,793
1,673,543
Hilton Grand Vacations, Inc. *
25,195
1,171,568
Hilton Worldwide Holdings, Inc.
87,396
13,589,204
Hyatt Hotels Corp., Class A
15,446
1,951,602
Las Vegas Sands Corp. *
108,768
6,505,414
Light & Wonder, Inc. *
30,105
2,116,381
Marriott International, Inc., Class A
85,010
17,155,868
Marriott Vacations Worldwide Corp.
12,153
1,561,782
McDonald’s Corp.
241,078
70,684,070
MGM Resorts International
99,499
5,051,564
Norwegian Cruise Line Holdings
Ltd. *
140,153
3,093,177
Penn Entertainment, Inc. *
50,993
1,340,606
Planet Fitness, Inc., Class A *
28,067
1,895,645
Royal Caribbean Cruises Ltd. *
72,629
7,924,550
Service Corp. International
49,965
3,330,167
Starbucks Corp.
378,544
38,448,714
Texas Roadhouse, Inc., Class A
22,251
2,482,099
SECURITY
NUMBER
OF SHARES
VALUE ($)
The Wendy's Co.
55,855
1,200,324
Vail Resorts, Inc.
13,299
3,131,782
Wyndham Hotels & Resorts, Inc.
28,348
2,208,876
Wynn Resorts Ltd.
34,250
3,732,565
Yum! Brands, Inc.
92,506
12,735,301
 
327,393,974
 
Consumer Staples Distribution & Retail 1.7%
Albertsons Cos., Inc., Class A
66,265
1,439,938
BJ's Wholesale Club Holdings, Inc. *
44,240
2,933,554
Casey's General Stores, Inc.
12,222
3,088,011
Costco Wholesale Corp.
146,438
82,103,394
Dollar General Corp.
72,367
12,219,892
Dollar Tree, Inc. *
68,777
10,614,354
Performance Food Group Co. *
51,509
3,078,178
Sysco Corp.
167,494
12,781,467
Target Corp.
152,418
20,800,485
The Kroger Co.
215,666
10,489,994
U.S. Foods Holding Corp. *
74,835
3,197,700
Walgreens Boots Alliance, Inc.
235,792
7,066,686
Walmart, Inc.
463,140
74,037,560
 
243,851,213
 
Energy 4.2%
Antero Resources Corp. *
90,270
2,414,722
APA Corp.
101,814
4,122,449
Baker Hughes Co., Class A
334,158
11,959,515
ChampionX Corp.
65,582
2,334,719
Cheniere Energy, Inc.
80,227
12,985,542
Chesapeake Energy Corp.
35,499
2,993,986
Chevron Corp.
575,257
94,146,561
Chord Energy Corp.
13,807
2,165,490
Civitas Resources, Inc.
16,194
1,212,283
Comstock Resources, Inc.
29,735
379,121
ConocoPhillips
399,513
47,030,670
Coterra Energy, Inc.
249,917
6,882,714
Denbury, Inc. *
16,689
1,467,130
Devon Energy Corp.
211,898
11,442,492
Diamondback Energy, Inc.
59,801
8,809,883
DTE Midstream LLC *
32,396
1,733,834
EOG Resources, Inc.
193,219
25,607,314
EQT Corp.
119,319
5,032,875
Exxon Mobil Corp.
1,334,607
143,123,255
Halliburton Co.
297,429
11,623,525
Helmerich & Payne, Inc.
34,416
1,540,804
Hess Corp.
91,351
13,860,687
HF Sinclair Corp.
42,519
2,214,815
Kinder Morgan, Inc.
651,387
11,536,064
Magnolia Oil & Gas Corp., Class A
56,881
1,259,914
Marathon Oil Corp.
203,832
5,354,667
Marathon Petroleum Corp.
139,876
18,606,305
Matador Resources Co.
37,481
2,085,068
Murphy Oil Corp.
48,788
2,111,057
New Fortress Energy, Inc.
15,611
445,694
NOV, Inc.
131,049
2,631,464
Occidental Petroleum Corp.
236,927
14,957,201
ONEOK, Inc.
147,739
9,904,423
Ovintiv, Inc.
80,419
3,706,512
PBF Energy, Inc., Class A
36,202
1,717,423
PDC Energy, Inc.
28,860
2,190,185
Phillips 66
151,284
16,875,730
Pioneer Natural Resources Co.
77,179
17,416,985
Range Resources Corp.
79,987
2,513,991
Schlumberger Ltd.
470,536
27,451,070
SM Energy Co.
40,061
1,453,814
Southwestern Energy Co. *
367,499
2,381,394
Targa Resources Corp.
74,750
6,128,752
  9

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Texas Pacific Land Corp.
2,022
3,045,739
The Williams Cos., Inc.
402,257
13,857,754
Valero Energy Corp.
119,360
15,386,698
Vitesse Energy, Inc.
7,146
180,008
 
598,282,298
 
Equity Real Estate Investment Trusts (REITs) 2.6%
Agree Realty Corp.
30,720
1,990,042
Alexandria Real Estate Equities, Inc.
51,981
6,532,972
American Homes 4 Rent, Class A
103,686
3,886,151
American Tower Corp.
153,890
29,286,806
Americold Realty Trust, Inc.
89,278
2,894,393
Apartment Income REIT Corp.
48,612
1,679,058
AvalonBay Communities, Inc.
46,874
8,842,780
Boston Properties, Inc.
47,345
3,154,597
Brixmor Property Group, Inc.
98,553
2,241,095
Camden Property Trust
35,225
3,842,695
Crown Castle, Inc.
143,204
15,507,561
CubeSmart
74,162
3,215,664
Digital Realty Trust, Inc.
96,205
11,989,067
EastGroup Properties, Inc.
14,683
2,601,534
Equinix, Inc.
30,880
25,010,330
Equity LifeStyle Properties, Inc.
57,652
4,103,669
Equity Residential
112,278
7,403,611
Essex Property Trust, Inc.
21,201
5,163,504
Extra Space Storage, Inc.
69,833
9,746,592
Federal Realty Investment Trust
24,359
2,472,926
First Industrial Realty Trust, Inc.
43,720
2,260,324
Gaming & Leisure Properties, Inc.
86,623
4,111,128
Healthcare Realty Trust, Inc., Class A
126,483
2,470,213
Healthpeak Properties, Inc.
181,127
3,954,002
Host Hotels & Resorts, Inc.
235,820
4,339,088
Independence Realty Trust, Inc.
74,548
1,270,298
Invitation Homes, Inc.
192,111
6,819,940
Iron Mountain, Inc.
96,318
5,913,925
Kilroy Realty Corp.
34,191
1,220,619
Kimco Realty Corp.
204,595
4,145,095
Kite Realty Group Trust
73,241
1,675,754
Lamar Advertising Co., Class A
28,907
2,853,121
Medical Properties Trust, Inc.
195,366
1,971,243
Mid-America Apartment
Communities, Inc.
38,503
5,762,359
National Storage Affiliates Trust
26,671
901,213
NNN REIT, Inc.
60,426
2,578,982
Omega Healthcare Investors, Inc.
76,852
2,451,579
Prologis, Inc.
304,921
38,038,895
Public Storage
52,241
14,718,902
Rayonier, Inc.
49,399
1,636,095
Realty Income Corp.
222,256
13,550,948
Regency Centers Corp.
50,975
3,340,392
Rexford Industrial Realty, Inc.
66,358
3,655,662
Ryman Hospitality Properties, Inc.
19,516
1,859,680
SBA Communications Corp., Class A
35,786
7,835,345
Simon Property Group, Inc.
107,957
13,451,442
Spirit Realty Capital, Inc.
46,810
1,887,847
STAG Industrial, Inc.
58,921
2,138,832
Sun Communities, Inc.
41,080
5,352,724
Terreno Realty Corp.
24,145
1,432,764
UDR, Inc.
102,288
4,181,533
Ventas, Inc.
132,059
6,407,503
VICI Properties, Inc., Class A
331,556
10,437,383
Vornado Realty Trust
53,164
1,195,127
Welltower, Inc.
164,104
13,481,144
Weyerhaeuser Co.
241,637
8,230,156
WP Carey, Inc.
70,581
4,766,335
 
363,862,639
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Financial Services 7.6%
Affiliated Managers Group, Inc.
11,910
1,651,202
Affirm Holdings, Inc. *
70,808
1,372,967
AGNC Investment Corp.
196,421
2,001,530
Ally Financial, Inc.
99,021
3,024,101
American Express Co.
196,370
33,162,966
Ameriprise Financial, Inc.
34,367
11,975,181
Annaly Capital Management, Inc.
163,016
3,274,992
Apollo Global Management, Inc.
142,427
11,637,710
Ares Management Corp., Class A
53,081
5,266,697
Berkshire Hathaway, Inc., Class B *
588,795
207,232,288
BlackRock, Inc.
49,451
36,536,871
Blackstone Mortgage Trust, Inc.,
Class A
57,444
1,320,638
Blackstone, Inc.
233,161
24,432,941
Block, Inc. *
179,726
14,473,335
Blue Owl Capital, Inc., Class A
119,342
1,470,294
Capital One Financial Corp.
126,107
14,757,041
Cboe Global Markets, Inc.
34,922
4,877,905
CME Group, Inc.
118,780
23,632,469
Coinbase Global, Inc., Class A *
54,929
5,416,549
Credit Acceptance Corp. *
1,984
1,104,294
Discover Financial Services
83,798
8,844,879
Equitable Holdings, Inc.
109,319
3,136,362
Essent Group Ltd.
35,034
1,737,686
Euronet Worldwide, Inc. *
15,724
1,381,668
FactSet Research Systems, Inc.
12,656
5,505,866
Fidelity National Information
Services, Inc.
195,437
11,800,486
Fiserv, Inc. *
203,909
25,735,355
FleetCor Technologies, Inc. *
24,385
6,069,670
Franklin Resources, Inc.
94,893
2,774,671
Global Payments, Inc.
86,627
9,550,627
Interactive Brokers Group, Inc.,
Class A
34,107
2,978,564
Intercontinental Exchange, Inc.
184,883
21,224,568
Invesco Ltd.
151,393
2,543,402
Jack Henry & Associates, Inc.
24,135
4,044,302
Jefferies Financial Group, Inc.
61,634
2,267,515
KKR & Co., Inc.
190,987
11,340,808
LPL Financial Holdings, Inc.
25,652
5,883,543
MarketAxess Holdings, Inc.
12,378
3,332,405
Mastercard, Inc., Class A
276,214
108,905,656
MGIC Investment Corp.
94,057
1,574,514
Moody's Corp.
52,114
18,383,214
Morgan Stanley
430,153
39,384,809
Morningstar, Inc.
8,194
1,888,553
MSCI, Inc., Class A
26,441
14,491,783
Nasdaq, Inc.
111,614
5,635,391
Northern Trust Corp.
68,920
5,521,870
OneMain Holdings, Inc.
40,268
1,831,389
PayPal Holdings, Inc. *
368,411
27,932,922
Raymond James Financial, Inc.
62,989
6,933,199
Rithm Capital Corp.
160,076
1,613,566
Robinhood Markets, Inc., Class A *
172,313
2,215,945
S&P Global, Inc.
108,339
42,740,819
SEI Investments Co.
33,605
2,116,779
SoFi Technologies, Inc. *
271,457
3,108,183
Starwood Property Trust, Inc.
102,941
2,134,996
State Street Corp.
110,367
7,994,986
Stifel Financial Corp.
35,016
2,224,917
Synchrony Financial
141,544
4,888,930
T. Rowe Price Group, Inc.
74,274
9,155,013
The Bank of New York Mellon Corp.
237,110
10,755,310
The Carlyle Group, Inc.
71,934
2,564,447
The Charles Schwab Corp. (b)
486,747
32,173,977
The Goldman Sachs Group, Inc.
109,771
39,064,206
The Western Union Co.
122,473
1,491,721
10  

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Toast, Inc., Class A *
111,428
2,459,216
Tradeweb Markets, Inc., Class A
37,906
3,100,332
Visa, Inc., Class A
534,332
127,026,746
Voya Financial, Inc.
32,517
2,414,712
WEX, Inc. *
14,090
2,667,942
 
1,073,170,391
 
Food, Beverage & Tobacco 3.1%
Altria Group, Inc.
589,396
26,770,366
Archer-Daniels-Midland Co.
180,027
15,295,094
Brown-Forman Corp., Class B
60,366
4,261,840
Bunge Ltd.
49,837
5,415,787
Campbell Soup Co.
65,935
3,021,142
Celsius Holdings, Inc. *
13,549
1,960,540
Conagra Brands, Inc.
157,112
5,154,845
Constellation Brands, Inc., Class A
53,242
14,524,418
Darling Ingredients, Inc. *
52,973
3,668,380
Flowers Foods, Inc.
62,916
1,554,654
General Mills, Inc.
193,703
14,477,362
Hormel Foods Corp.
95,746
3,914,096
Ingredion, Inc.
21,770
2,422,130
Kellogg Co.
84,926
5,680,700
Keurig Dr Pepper, Inc.
277,724
9,445,393
Lamb Weston Holdings, Inc.
48,124
4,987,090
Lancaster Colony Corp.
6,463
1,244,968
McCormick & Co., Inc. - Non Voting
Shares
82,931
7,420,666
Molson Coors Beverage Co., Class B
62,172
4,337,740
Mondelez International, Inc., Class A
449,717
33,337,521
Monster Beverage Corp. *
252,290
14,504,152
National Beverage Corp. *
7,583
400,762
PepsiCo, Inc.
454,880
85,271,805
Philip Morris International, Inc.
512,523
51,108,794
Pilgrim's Pride Corp. *
14,613
361,964
Post Holdings, Inc. *
17,763
1,515,184
Seaboard Corp.
83
299,215
The Coca-Cola Co.
1,285,042
79,582,651
The Hershey Co.
48,643
11,251,612
The JM Smucker Co.
35,303
5,318,397
The Kraft Heinz Co.
263,464
9,532,128
Tyson Foods, Inc., Class A
94,471
5,263,924
 
433,305,320
 
Health Care Equipment & Services 5.5%
Abbott Laboratories
574,145
63,919,563
Acadia Healthcare Co., Inc. *
30,429
2,404,804
agilon health, Inc. *
95,638
1,831,468
Align Technology, Inc. *
23,495
8,878,526
AmerisourceBergen Corp.
53,525
10,003,822
AMN Healthcare Services, Inc. *
13,110
1,404,736
Baxter International, Inc.
167,277
7,565,939
Becton, Dickinson & Co.
93,762
26,123,968
Boston Scientific Corp. *
474,625
24,609,306
Cardinal Health, Inc.
83,936
7,677,626
Centene Corp. *
181,240
12,340,632
Chemed Corp.
4,967
2,588,254
Cigna Corp.
97,768
28,851,337
CVS Health Corp.
423,390
31,622,999
DaVita, Inc. *
18,285
1,864,887
Dentsply Sirona, Inc.
70,081
2,909,763
DexCom, Inc. *
127,993
15,942,808
Edwards Lifesciences Corp. *
200,154
16,426,639
Elevance Health, Inc.
78,287
36,922,498
Encompass Health Corp.
33,156
2,189,291
Envista Holdings Corp. *
54,024
1,858,966
GE Healthcare, Inc. *
129,098
10,069,644
Globus Medical, Inc., Class A *
26,562
1,600,892
SECURITY
NUMBER
OF SHARES
VALUE ($)
Guardant Health, Inc. *
37,675
1,470,078
HCA Healthcare, Inc.
68,000
18,551,080
HealthEquity, Inc. *
28,255
1,919,645
Henry Schein, Inc. *
43,359
3,416,256
Hologic, Inc. *
81,263
6,453,907
Humana, Inc.
41,267
18,852,004
IDEXX Laboratories, Inc. *
27,405
15,202,376
Inspire Medical Systems, Inc. *
9,574
2,755,493
Insulet Corp. *
23,023
6,371,615
Intuitive Surgical, Inc. *
115,692
37,530,485
iRhythm Technologies, Inc. *
10,199
1,071,507
Laboratory Corp. of America
Holdings
29,202
6,247,184
Lantheus Holdings, Inc. *
22,460
1,942,565
Masimo Corp. *
15,943
1,949,829
McKesson Corp.
44,713
17,992,511
Medtronic plc
439,263
38,549,721
Molina Healthcare, Inc. *
19,209
5,848,948
Novocure Ltd. *
29,868
974,891
Omnicell, Inc. *
15,062
951,165
Option Care Health, Inc. *
54,688
1,847,361
Penumbra, Inc. *
12,628
3,830,830
Premier, Inc., Class A
39,589
1,098,595
Privia Health Group, Inc. *
30,329
846,786
Quest Diagnostics, Inc.
37,011
5,004,257
QuidelOrtho Corp. *
17,893
1,563,132
R1 RCM, Inc. *
46,412
801,999
ResMed, Inc.
48,524
10,789,311
Shockwave Medical, Inc. *
12,096
3,152,218
STAAR Surgical Co. *
16,323
894,011
STERIS plc
32,861
7,411,799
Stryker Corp.
111,539
31,611,268
Teladoc Health, Inc. *
53,417
1,590,224
Teleflex, Inc.
15,509
3,895,396
Tenet Healthcare Corp. *
33,606
2,511,376
The Cooper Cos., Inc.
16,322
6,386,146
The Ensign Group, Inc.
18,467
1,788,898
UnitedHealth Group, Inc.
307,426
155,671,304
Universal Health Services, Inc.,
Class B
20,739
2,881,891
Veeva Systems, Inc., Class A *
48,125
9,828,087
Zimmer Biomet Holdings, Inc.
68,888
9,516,877
 
770,581,394
 
Household & Personal Products 1.3%
Church & Dwight Co., Inc.
80,783
7,728,510
Colgate-Palmolive Co.
273,914
20,888,682
Coty, Inc., Class A *
122,569
1,475,731
Kimberly-Clark Corp.
111,354
14,375,802
Olaplex Holdings, Inc. *
27,559
99,212
Reynolds Consumer Products, Inc.
17,599
487,140
The Clorox Co.
40,821
6,183,565
The Estee Lauder Cos., Inc., Class A
76,547
13,778,460
The Procter & Gamble Co.
778,194
121,631,722
 
186,648,824
 
Insurance 2.1%
Aflac, Inc.
181,121
13,102,293
American Financial Group, Inc.
23,179
2,818,798
American International Group, Inc.
238,617
14,383,833
Aon plc, Class A
67,324
21,442,694
Arch Capital Group Ltd. *
122,984
9,554,627
Arthur J. Gallagher & Co.
70,746
15,196,241
Assurant, Inc.
17,686
2,378,944
Axis Capital Holdings Ltd.
25,920
1,428,710
Brown & Brown, Inc.
77,809
5,481,644
Chubb Ltd.
136,778
27,958,791
  11

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Cincinnati Financial Corp.
51,842
5,577,162
CNA Financial Corp.
8,710
341,084
Erie Indemnity Co., Class A
8,271
1,835,831
Everest Re Group Ltd.
14,172
5,109,148
F&G Annuities & Life, Inc.
6,134
160,711
Fidelity National Financial, Inc.
89,665
3,512,178
First American Financial Corp.
33,953
2,151,941
Globe Life, Inc.
29,298
3,286,357
Kinsale Capital Group, Inc.
7,167
2,670,639
Lincoln National Corp.
50,488
1,415,684
Loews Corp.
62,334
3,905,225
Markel Group, Inc. *
4,402
6,381,623
Marsh & McLennan Cos., Inc.
163,373
30,782,741
MetLife, Inc.
212,171
13,360,408
Old Republic International Corp.
90,426
2,493,045
Primerica, Inc.
11,919
2,535,171
Principal Financial Group, Inc.
74,548
5,954,149
Prudential Financial, Inc.
120,539
11,630,808
Reinsurance Group of America, Inc.
21,883
3,071,279
RenaissanceRe Holdings Ltd.
16,678
3,114,783
RLI Corp.
13,518
1,803,436
Ryan Specialty Holdings, Inc.,
Class A *
30,941
1,340,983
Selective Insurance Group, Inc.
20,112
2,075,357
The Allstate Corp.
86,943
9,796,737
The Hanover Insurance Group, Inc.
11,628
1,319,546
The Hartford Financial Services
Group, Inc.
102,297
7,353,108
The Progressive Corp.
193,300
24,351,934
The Travelers Cos., Inc.
76,287
13,167,899
Unum Group
61,506
2,989,807
W.R. Berkley Corp.
66,741
4,117,252
Willis Towers Watson plc
35,136
7,425,291
 
298,777,892
 
Materials 2.6%
Air Products & Chemicals, Inc.
73,342
22,393,513
Albemarle Corp.
38,745
8,224,789
Alcoa Corp.
58,364
2,112,193
Amcor plc
484,868
4,974,746
AptarGroup, Inc.
21,628
2,626,937
Ashland, Inc.
16,032
1,464,684
Avery Dennison Corp.
26,726
4,917,851
Axalta Coating Systems Ltd. *
73,146
2,340,672
Balchem Corp.
10,766
1,450,611
Ball Corp.
103,871
6,096,189
Berry Global Group, Inc.
39,317
2,578,016
Celanese Corp., Class A
33,001
4,137,995
CF Industries Holdings, Inc.
64,169
5,266,991
Cleveland-Cliffs, Inc. *
169,109
2,984,774
Commercial Metals Co.
39,079
2,236,100
Corteva, Inc.
234,655
13,241,582
Crown Holdings, Inc.
39,751
3,687,303
Dow, Inc.
233,520
13,186,874
DuPont de Nemours, Inc.
151,555
11,765,215
Eagle Materials, Inc.
11,806
2,176,672
Eastman Chemical Co.
39,413
3,372,965
Ecolab, Inc.
81,788
14,978,654
Element Solutions, Inc.
74,082
1,552,759
FMC Corp.
41,179
3,962,655
Freeport-McMoRan, Inc.
473,247
21,130,479
Graphic Packaging Holding Co.
102,062
2,469,900
Huntsman Corp.
56,202
1,673,134
International Flavors & Fragrances,
Inc.
84,251
7,128,477
International Paper Co.
114,503
4,128,978
Knife River Corp. *
16,833
731,730
Linde plc
161,607
63,135,007
SECURITY
NUMBER
OF SHARES
VALUE ($)
Livent Corp. *
60,054
1,478,529
LyondellBasell Industries N.V.,
Class A
83,756
8,280,118
Martin Marietta Materials, Inc.
20,425
9,118,945
MP Materials Corp. *
30,162
719,364
Newmont Corp.
262,400
11,262,208
Nucor Corp.
82,889
14,264,368
Olin Corp.
39,600
2,284,128
Packaging Corp. of America
29,678
4,551,121
PPG Industries, Inc.
77,734
11,185,923
Reliance Steel & Aluminum Co.
19,505
5,712,234
Royal Gold, Inc.
21,819
2,621,335
RPM International, Inc.
42,780
4,419,602
Sealed Air Corp.
47,159
2,151,394
Silgan Holdings, Inc.
27,344
1,199,034
Sonoco Products Co.
32,329
1,895,773
Steel Dynamics, Inc.
53,080
5,657,266
The Chemours Co.
48,910
1,808,692
The Mosaic Co.
109,652
4,469,416
The Sherwin-Williams Co.
77,551
21,442,851
United States Steel Corp.
74,258
1,893,579
Vulcan Materials Co.
43,991
9,700,015
Westlake Corp.
11,307
1,554,712
Westrock Co.
84,858
2,824,923
 
372,623,975
 
Media & Entertainment 7.4%
Activision Blizzard, Inc. *
236,244
21,913,993
Alphabet, Inc., Class A *
1,961,467
260,325,900
Alphabet, Inc., Class C *
1,687,501
224,623,258
AMC Entertainment Holdings, Inc.,
Class A *(a)
170,145
845,621
Atlanta Braves Holdings, Inc.,
Class C *
14,484
589,802
Cable One, Inc.
1,583
1,145,997
Charter Communications, Inc.,
Class A *
34,297
13,896,801
Comcast Corp., Class A
1,373,110
62,146,959
DISH Network Corp., Class A *
82,957
657,849
Electronic Arts, Inc.
86,026
11,729,645
Endeavor Group Holdings, Inc.,
Class A *
59,463
1,403,327
Fox Corp., Class A
88,371
2,956,010
Fox Corp., Class B
45,671
1,434,526
Getty Images Holdings, Inc. *
9,491
47,075
IAC, Inc. *
24,911
1,733,806
Liberty Broadband Corp., Class C *
39,106
3,485,518
Liberty Media Corp. - Liberty
Formula One, Class C *
68,691
4,986,967
Liberty Media Corp. - Liberty
SiriusXM, Class C *
50,078
1,593,983
Live Nation Entertainment, Inc. *
47,547
4,172,249
Match Group, Inc. *
92,068
4,282,083
Meta Platforms, Inc., Class A *
730,392
232,702,891
Netflix, Inc. *
146,781
64,432,456
News Corp., Class A
125,701
2,491,394
Nexstar Media Group, Inc., Class A
11,843
2,211,325
Omnicom Group, Inc.
65,752
5,563,934
Paramount Global, Class B
167,506
2,685,121
Pinterest, Inc., Class A *
196,519
5,697,086
Playtika Holding Corp. *
29,626
353,734
ROBLOX Corp., Class A *
122,141
4,794,034
Roku, Inc. *
40,753
3,923,291
Sirius XM Holdings, Inc. (a)
230,207
1,174,056
Snap, Inc., Class A *
329,365
3,741,586
Take-Two Interactive Software, Inc. *
52,249
7,990,962
TEGNA, Inc.
75,529
1,276,440
12  

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
The Interpublic Group of Cos., Inc.
127,538
4,365,626
The New York Times Co., Class A
53,949
2,198,961
The Trade Desk, Inc., Class A *
146,498
13,369,408
The Walt Disney Co. *
603,375
53,634,004
Warner Bros Discovery, Inc. *
732,128
9,568,913
ZoomInfo Technologies, Inc.,
Class A *
89,756
2,295,061
 
1,048,441,652
 
Pharmaceuticals, Biotechnology & Life Sciences 7.4%
AbbVie, Inc.
582,528
87,134,538
Agilent Technologies, Inc.
97,688
11,895,468
Alnylam Pharmaceuticals, Inc. *
41,119
8,034,653
Amgen, Inc.
176,417
41,308,041
Apellis Pharmaceuticals, Inc. *
32,688
841,716
Arrowhead Pharmaceuticals, Inc. *
35,673
1,231,432
Avantor, Inc. *
222,268
4,572,053
Biogen, Inc. *
47,780
12,909,678
Biohaven Ltd. *
21,168
420,820
BioMarin Pharmaceutical, Inc. *
61,971
5,449,110
Bio-Rad Laboratories, Inc., Class A *
7,074
2,867,517
Bio-Techne Corp.
51,903
4,328,710
Blueprint Medicines Corp. *
20,271
1,337,886
Bristol-Myers Squibb Co.
693,625
43,136,539
Bruker Corp.
32,762
2,251,405
Catalent, Inc. *
59,045
2,864,863
Cerevel Therapeutics Holdings, Inc. *
20,827
637,098
Charles River Laboratories
International, Inc. *
16,899
3,541,016
CRISPR Therapeutics AG *
26,128
1,497,918
Cytokinetics, Inc. *
31,895
1,063,698
Danaher Corp.
219,270
55,927,006
Elanco Animal Health, Inc. *
152,868
1,845,117
Eli Lilly & Co.
260,147
118,249,819
Exact Sciences Corp. *
59,558
5,809,287
Exelixis, Inc. *
107,584
2,120,481
Fortrea Holdings, Inc. *
29,202
933,296
Gilead Sciences, Inc.
411,822
31,356,127
Halozyme Therapeutics, Inc. *
42,934
1,844,445
Horizon Therapeutics plc *
74,970
7,517,242
Illumina, Inc. *
52,206
10,031,383
Incyte Corp. *
60,849
3,877,298
Intellia Therapeutics, Inc. *
29,120
1,232,650
Intra-Cellular Therapies, Inc. *
29,463
1,821,992
Ionis Pharmaceuticals, Inc. *
47,309
1,960,012
IQVIA Holdings, Inc. *
61,289
13,714,027
Jazz Pharmaceuticals plc *
21,116
2,753,949
Johnson & Johnson
858,027
143,745,263
Karuna Therapeutics, Inc. *
10,015
2,000,697
Medpace Holdings, Inc. *
8,155
2,064,601
Merck & Co., Inc.
837,793
89,350,623
Mettler-Toledo International, Inc. *
7,273
9,145,579
Mirati Therapeutics, Inc. *
17,059
516,376
Moderna, Inc. *
108,247
12,736,342
Natera, Inc. *
37,749
1,707,010
Neurocrine Biosciences, Inc. *
32,210
3,281,877
Organon & Co.
84,890
1,865,882
Perrigo Co., plc
45,093
1,652,208
Pfizer, Inc.
1,863,889
67,211,837
Regeneron Pharmaceuticals, Inc. *
35,622
26,428,318
Repligen Corp. *
17,119
2,936,936
Revvity, Inc.
41,513
5,104,023
Royalty Pharma plc, Class A
124,238
3,898,588
Sarepta Therapeutics, Inc. *
30,761
3,334,185
Seagen, Inc. *
45,813
8,786,017
Sotera Health Co. *
31,432
596,579
Syneos Health, Inc. *
34,578
1,466,453
Thermo Fisher Scientific, Inc.
127,356
69,875,143
SECURITY
NUMBER
OF SHARES
VALUE ($)
United Therapeutics Corp. *
15,464
3,753,422
Vertex Pharmaceuticals, Inc. *
85,035
29,961,232
Viatris, Inc.
397,447
4,185,117
Waters Corp. *
19,495
5,384,714
West Pharmaceutical Services, Inc.
24,511
9,021,028
Zoetis, Inc.
152,572
28,697,267
 
1,037,025,607
 
Real Estate Management & Development 0.2%
CBRE Group, Inc., Class A *
102,514
8,540,441
CoStar Group, Inc. *
134,917
11,328,981
Jones Lang LaSalle, Inc. *
15,778
2,627,826
Zillow Group, Inc., Class C *
53,339
2,888,840
 
25,386,088
 
Semiconductors & Semiconductor Equipment 7.2%
Advanced Micro Devices, Inc. *
531,712
60,827,853
Allegro MicroSystems, Inc. *
21,615
1,115,550
Amkor Technology, Inc.
32,505
945,570
Analog Devices, Inc.
167,018
33,325,102
Applied Materials, Inc.
279,038
42,299,370
Broadcom, Inc.
137,659
123,707,260
Cirrus Logic, Inc. *
18,244
1,474,115
Enphase Energy, Inc. *
45,252
6,870,611
Entegris, Inc.
49,471
5,427,463
First Solar, Inc. *
32,889
6,821,179
GLOBALFOUNDRIES, Inc. *(a)
23,469
1,494,741
Intel Corp.
1,377,181
49,261,764
KLA Corp.
45,301
23,282,449
Lam Research Corp.
44,362
31,873,653
Lattice Semiconductor Corp. *
45,451
4,133,314
Marvell Technology, Inc.
283,696
18,477,121
Microchip Technology, Inc.
180,872
16,991,116
Micron Technology, Inc.
361,351
25,796,848
MKS Instruments, Inc.
19,131
2,088,531
Monolithic Power Systems, Inc.
14,878
8,324,092
NVIDIA Corp.
816,574
381,576,865
NXP Semiconductors N.V.
85,762
19,123,211
ON Semiconductor Corp. *
142,602
15,365,366
Qorvo, Inc. *
33,137
3,645,733
QUALCOMM, Inc.
367,819
48,614,637
Skyworks Solutions, Inc.
52,535
6,008,428
SolarEdge Technologies, Inc. *
18,605
4,492,363
Synaptics, Inc. *
13,074
1,180,713
Teradyne, Inc.
51,010
5,761,069
Texas Instruments, Inc.
299,678
53,942,040
Universal Display Corp.
14,283
2,083,604
Wolfspeed, Inc. *
40,813
2,689,577
 
1,009,021,308
 
Software & Services 11.5%
Accenture plc, Class A
208,532
65,969,098
Adobe, Inc. *
151,457
82,721,270
Akamai Technologies, Inc. *
50,176
4,741,632
Amdocs Ltd.
39,883
3,734,644
ANSYS, Inc. *
28,572
9,774,481
AppLovin Corp., Class A *
41,742
1,310,699
Aspen Technology, Inc. *
9,520
1,699,320
Autodesk, Inc. *
70,726
14,993,205
Bentley Systems, Inc., Class B
66,094
3,561,145
Bill.com Holdings, Inc. *
31,502
3,948,461
Black Knight, Inc. *
51,591
3,627,879
Cadence Design Systems, Inc. *
90,021
21,065,814
CCC Intelligent Solutions Holdings,
Inc. *
34,008
374,768
Cloudflare, Inc., Class A *
95,608
6,574,962
  13

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Cognizant Technology Solutions
Corp., Class A
167,620
11,067,949
Crowdstrike Holdings, Inc., Class A *
74,024
11,966,720
Datadog, Inc., Class A *
83,173
9,707,953
DocuSign, Inc., Class A *
66,829
3,596,737
Dolby Laboratories, Inc., Class A
19,628
1,739,237
DoubleVerify Holdings, Inc. *
28,645
1,205,954
Dropbox, Inc., Class A *
90,106
2,428,357
DXC Technology Co. *
75,061
2,075,437
Dynatrace, Inc. *
71,321
3,900,545
Elastic N.V. *
25,696
1,707,499
EPAM Systems, Inc. *
19,124
4,528,754
Fair Isaac Corp. *
8,249
6,912,415
Five9, Inc. *
23,516
2,063,529
Fortinet, Inc. *
215,226
16,727,365
Gartner, Inc. *
26,109
9,231,881
Gen Digital, Inc.
188,685
3,669,923
GoDaddy, Inc., Class A *
50,797
3,915,941
Guidewire Software, Inc. *
26,940
2,285,051
HubSpot, Inc. *
16,394
9,517,537
Informatica, Inc., Class A *
12,317
234,516
International Business Machines
Corp.
299,843
43,231,364
Intuit, Inc.
92,637
47,402,353
Manhattan Associates, Inc. *
20,485
3,904,851
Microsoft Corp.
2,455,040
824,697,037
MongoDB, Inc., Class A *
23,128
9,792,395
NCR Corp. *
46,382
1,246,748
Nutanix, Inc., Class A *
76,271
2,303,384
Okta, Inc. *
51,208
3,935,847
Oracle Corp.
508,128
59,567,845
Palantir Technologies, Inc., Class A *
591,697
11,739,268
Palo Alto Networks, Inc. *
99,926
24,977,503
Procore Technologies, Inc. *
23,469
1,780,124
PTC, Inc. *
35,182
5,129,887
Qualys, Inc. *
11,093
1,539,708
Roper Technologies, Inc.
35,198
17,354,374
Salesforce, Inc. *
323,266
72,738,083
SentinelOne, Inc., Class A *
77,679
1,294,909
ServiceNow, Inc. *
67,277
39,222,491
Smartsheet, Inc., Class A *
44,379
1,970,428
Snowflake, Inc., Class A *
95,512
16,973,437
Splunk, Inc. *
50,316
5,450,732
SPS Commerce, Inc. *
11,982
2,161,433
Synopsys, Inc. *
50,292
22,721,926
Tenable Holdings, Inc. *
38,192
1,858,423
Twilio, Inc., Class A *
57,900
3,823,137
Tyler Technologies, Inc. *
13,850
5,493,325
UiPath, Inc., Class A *
118,464
2,141,829
Unity Software, Inc. *
73,785
3,382,304
VeriSign, Inc. *
29,815
6,289,474
VMware, Inc., Class A *
69,348
10,931,325
Workday, Inc., Class A *
67,957
16,114,643
Zoom Video Communications, Inc.,
Class A *
72,888
5,346,335
Zscaler, Inc. *
28,282
4,535,867
 
1,613,633,467
 
Technology Hardware & Equipment 8.6%
Amphenol Corp., Class A
196,629
17,364,307
Apple Inc.
4,881,672
959,004,464
Arista Networks, Inc. *
82,467
12,789,807
Arrow Electronics, Inc. *
18,634
2,656,090
CDW Corp.
44,401
8,306,095
Ciena Corp. *
49,018
2,068,560
Cisco Systems, Inc.
1,352,522
70,385,245
Cognex Corp.
57,266
3,127,869
Coherent Corp. *
46,222
2,189,074
SECURITY
NUMBER
OF SHARES
VALUE ($)
Corning, Inc.
252,692
8,576,366
Dell Technologies, Inc., Class C
84,512
4,472,375
F5, Inc. *
19,990
3,163,218
Hewlett Packard Enterprise Co.
427,826
7,435,616
HP, Inc.
286,196
9,395,815
IPG Photonics Corp. *
10,223
1,343,813
Jabil, Inc.
43,670
4,832,959
Juniper Networks, Inc.
106,016
2,947,245
Keysight Technologies, Inc. *
58,750
9,463,450
Littelfuse, Inc.
8,252
2,513,559
Lumentum Holdings, Inc. *
22,425
1,174,173
Motorola Solutions, Inc.
55,402
15,879,875
National Instruments Corp.
43,545
2,569,155
NetApp, Inc.
70,868
5,528,413
Novanta, Inc. *
11,729
2,074,860
Pure Storage, Inc., Class A *
95,395
3,528,661
Rogers Corp. *
6,118
1,031,556
Seagate Technology Holdings plc
63,258
4,016,883
TD SYNNEX Corp.
13,774
1,359,631
TE Connectivity Ltd.
104,106
14,938,170
Teledyne Technologies, Inc. *
15,539
5,975,212
Trimble, Inc. *
81,822
4,402,024
Ubiquiti, Inc.
1,380
245,157
Western Digital Corp. *
105,961
4,509,700
Zebra Technologies Corp., Class A *
16,953
5,220,846
 
1,204,490,243
 
Telecommunication Services 0.8%
AT&T, Inc.
2,361,034
34,282,214
Frontier Communications Parent,
Inc. *
72,723
1,324,286
GCI Liberty, Inc. *(c)
32,171
5,809
Iridium Communications, Inc.
41,346
2,172,732
Liberty Global plc, Class C *
80,494
1,590,561
Lumen Technologies, Inc.
298,170
533,724
T-Mobile US, Inc. *
190,240
26,209,365
Verizon Communications, Inc.
1,388,351
47,315,002
 
113,433,693
 
Transportation 1.9%
Alaska Air Group, Inc. *
42,392
2,061,523
American Airlines Group, Inc. *
214,802
3,597,933
Avis Budget Group, Inc. *
7,871
1,733,903
C.H. Robinson Worldwide, Inc.
38,234
3,830,282
CSX Corp.
670,197
22,330,964
Delta Air Lines, Inc.
212,152
9,814,152
Expeditors International of
Washington, Inc.
50,420
6,418,466
FedEx Corp.
76,354
20,611,762
GXO Logistics, Inc. *
39,353
2,639,406
Hertz Global Holdings, Inc. *
52,882
891,062
JB Hunt Transport Services, Inc.
27,360
5,579,798
Knight-Swift Transportation
Holdings, Inc.
53,286
3,237,125
Landstar System, Inc.
11,973
2,437,583
Lyft, Inc., Class A *
107,413
1,365,219
Norfolk Southern Corp.
75,134
17,550,551
Old Dominion Freight Line, Inc.
29,680
12,450,463
RXO, Inc. *
39,402
868,814
Saia, Inc. *
8,785
3,717,285
Southwest Airlines Co.
196,832
6,723,781
Uber Technologies, Inc. *
668,229
33,050,606
U-Haul Holding Co.
3,231
196,639
U-Haul Holding Co. - Non Voting
29,079
1,663,610
Union Pacific Corp.
201,373
46,722,563
United Airlines Holdings, Inc. *
108,437
5,889,213
14  

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
United Parcel Service, Inc., Class B
239,329
44,785,636
XPO, Inc. *
38,349
2,655,285
 
262,823,624
 
Utilities 2.5%
Alliant Energy Corp.
83,109
4,466,278
Ameren Corp.
86,672
7,425,190
American Electric Power Co., Inc.
169,955
14,401,987
American Water Works Co., Inc.
64,248
9,472,083
Atmos Energy Corp.
47,656
5,800,212
Avangrid, Inc.
23,070
855,436
Black Hills Corp.
21,952
1,324,364
CenterPoint Energy, Inc.
208,285
6,267,296
CMS Energy Corp.
96,288
5,880,308
Consolidated Edison, Inc.
114,347
10,846,956
Constellation Energy Corp.
107,117
10,352,858
Dominion Energy, Inc.
276,041
14,781,995
DTE Energy Co.
68,022
7,774,915
Duke Energy Corp.
254,399
23,816,834
Edison International
126,450
9,099,342
Entergy Corp.
69,800
7,168,460
Essential Utilities, Inc.
79,360
3,356,134
Evergy, Inc.
75,995
4,557,420
Eversource Energy
115,355
8,343,627
Exelon Corp.
328,286
13,742,052
FirstEnergy Corp.
179,662
7,076,886
Hawaiian Electric Industries, Inc.
36,543
1,402,886
IDACORP, Inc.
16,635
1,710,411
National Fuel Gas Co.
30,656
1,628,140
New Jersey Resources Corp.
32,088
1,434,334
NextEra Energy, Inc.
668,100
48,971,730
NiSource, Inc.
136,269
3,793,729
NRG Energy, Inc.
75,967
2,885,986
OGE Energy Corp.
66,118
2,390,166
ONE Gas, Inc.
18,251
1,444,202
Ormat Technologies, Inc.
17,207
1,398,929
PG&E Corp. *
533,728
9,398,950
Pinnacle West Capital Corp.
37,493
3,105,170
PNM Resources, Inc.
27,978
1,253,974
Portland General Electric Co.
31,832
1,517,431
PPL Corp.
243,968
6,716,439
Public Service Enterprise Group, Inc.
164,882
10,407,352
Sempra Energy
103,878
15,479,900
Southwest Gas Holdings, Inc.
21,931
1,446,130
The AES Corp.
220,406
4,767,382
The Southern Co.
360,010
26,043,123
UGI Corp.
68,361
1,845,063
SECURITY
NUMBER
OF SHARES
VALUE ($)
Vistra Corp.
115,754
3,248,057
WEC Energy Group, Inc.
104,220
9,365,209
Xcel Energy, Inc.
181,679
11,396,724
 
349,862,050
Total Common Stocks
(Cost $3,333,613,770)
14,003,508,617
 
 
 
SHORT-TERM INVESTMENTS 0.5% OF NET ASSETS
 
Money Market Funds 0.5%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.19% (d)
53,160,916
53,160,916
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.19% (d)(e)
7,584,785
7,584,785
 
60,745,701
Total Short-Term Investments
(Cost $60,745,701)
60,745,701
Total Investments in Securities
(Cost $3,394,359,471)
14,064,254,318
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 500 Index, e-mini, expires
09/15/23
286
65,987,350
2,650,042
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$7,390,415.
(b)
Issuer is affiliated with the fund’s investment adviser.
(c)
Fair valued using significant unobservable inputs (see Notes for additional
information).
(d)
The rate shown is the annualized 7-day yield.
(e)
Security purchased with cash collateral received for securities on loan.
REIT —
Real Estate Investment Trust
Below is a summary of the fund’s transactions with affiliated issuers during the period ended July 31, 2023:
SECURITY
VALUE AT
10/31/22
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
7/31/23
BALANCE
OF SHARES
HELD AT
7/31/23
DIVIDENDS
RECEIVED
COMMON STOCKS 0.2% OF NET ASSETS
 
Financial Services 0.2%
The Charles Schwab Corp.
$39,532,015
$327,257
($842,914)
($226,446)
($6,615,935)
$32,173,977
486,747
$357,387

  15

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2023:
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$13,890,074,924
$
$
$13,890,074,924
Telecommunication Services
113,427,884
5,809
113,433,693
Short-Term Investments1
60,745,701
60,745,701
Futures Contracts2
2,650,042
2,650,042
Total
$14,066,898,551
$—
$5,809
$14,066,904,360
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
16  

Schwab Capital Trust
Schwab Small-Cap Index Fund
Portfolio Holdings as of July 31, 2023 (Unaudited)
The following are the portfolio holdings as of the report date. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.6% OF NET ASSETS
 
Automobiles & Components 1.7%
Adient plc *
220,554
9,386,778
American Axle & Manufacturing
Holdings, Inc. *
263,178
2,487,032
Cooper-Standard Holdings, Inc. *
38,648
711,896
Dana, Inc.
301,553
5,723,476
Dorman Products, Inc. *
60,957
5,162,448
Fisker, Inc. *(a)
451,705
2,787,020
Fox Factory Holding Corp. *
98,472
11,019,017
Gentherm, Inc. *
76,205
4,554,773
Holley, Inc. *
122,088
772,817
LCI Industries
57,094
7,780,199
Livewire Group, Inc. *(a)
25,196
305,376
Luminar Technologies, Inc., Class A *(a)
630,517
4,665,826
Modine Manufacturing Co. *
118,455
4,449,170
Patrick Industries, Inc.
49,470
4,281,628
Solid Power, Inc. *(a)
354,285
1,013,255
Standard Motor Products, Inc.
48,850
1,864,605
Stoneridge, Inc. *
60,506
1,236,743
The Goodyear Tire & Rubber Co. *
649,902
10,450,424
Visteon Corp. *
64,913
10,002,444
Winnebago Industries, Inc.
68,702
4,726,698
Workhorse Group, Inc. *(a)
379,155
504,276
XPEL, Inc. *
52,043
4,227,453
 
98,113,354
 
Banks 8.7%
1st Source Corp.
38,399
1,800,913
ACNB Corp.
19,031
660,376
Amalgamated Financial Corp.
40,435
807,083
Amerant Bancorp, Inc.
59,902
1,187,258
American National Bankshares, Inc.
23,521
970,947
Ameris Bancorp
153,055
6,680,851
Ames National Corp.
19,703
379,480
Arrow Financial Corp.
32,728
658,487
Associated Banc-Corp.
349,780
6,628,331
Atlantic Union Bankshares Corp.
173,836
5,559,275
Axos Financial, Inc. *
131,513
6,181,111
Banc of California, Inc.
126,197
1,793,259
BancFirst Corp.
51,017
5,096,598
Bank First Corp.
21,539
1,903,186
Bank of Hawaii Corp. (a)
90,844
5,189,918
Bank of Marin Bancorp
35,984
754,944
Bank7 Corp.
8,538
225,915
BankUnited, Inc.
172,367
5,143,431
Bankwell Financial Group, Inc.
13,580
371,413
Banner Corp.
79,354
3,778,044
Bar Harbor Bankshares
34,152
932,691
Baycom Corp.
26,848
541,256
BCB Bancorp, Inc.
35,472
455,815
Berkshire Hills Bancorp, Inc.
101,612
2,317,770
Blue Foundry Bancorp *
56,550
577,376
SECURITY
NUMBER
OF SHARES
VALUE ($)
Blue Ridge Bankshares, Inc.
40,458
341,061
Bridgewater Bancshares, Inc. *
46,748
500,671
Brookline Bancorp, Inc.
201,542
2,152,469
Burke & Herbert Financial Services
Corp.
14,714
794,409
Business First Bancshares, Inc.
54,880
1,122,296
Byline Bancorp, Inc.
57,515
1,262,454
C&F Financial Corp.
7,510
422,287
Cadence Bank
420,673
10,537,859
Cambridge Bancorp
17,668
1,087,289
Camden National Corp.
33,158
1,146,604
Capital Bancorp, Inc.
22,071
444,731
Capital City Bank Group, Inc.
30,711
995,958
Capitol Federal Financial, Inc.
294,699
1,953,854
Capstar Financial Holdings, Inc.
44,839
667,204
Carter Bankshares, Inc. *
54,016
793,495
Cathay General Bancorp
160,708
6,113,332
Central Pacific Financial Corp.
61,763
1,126,557
Central Valley Community Bancorp
22,845
390,650
Chemung Financial Corp.
8,015
341,920
ChoiceOne Financial Services, Inc.
15,973
387,345
Citizens & Northern Corp.
34,639
734,347
Citizens Financial Services, Inc.
9,923
699,323
City Holding Co.
35,033
3,465,114
Civista Bancshares, Inc.
35,347
644,729
CNB Financial Corp.
48,199
937,953
Coastal Financial Corp. *
25,169
1,136,884
Codorus Valley Bancorp, Inc.
21,941
482,483
Colony Bankcorp, Inc.
37,758
404,766
Columbia Financial, Inc. *
68,823
1,203,026
Community Bank System, Inc.
123,179
6,630,726
Community Trust Bancorp, Inc.
35,986
1,381,143
ConnectOne Bancorp, Inc.
85,762
1,755,548
CrossFirst Bankshares, Inc. *
103,456
1,207,332
Customers Bancorp, Inc. *
66,014
2,771,268
CVB Financial Corp.
308,104
5,813,922
Dime Community Bancshares, Inc.
80,900
1,812,160
Eagle Bancorp, Inc.
70,873
1,963,182
Eastern Bankshares, Inc.
358,890
5,067,527
Enterprise Bancorp, Inc.
22,336
711,178
Enterprise Financial Services Corp.
84,147
3,450,027
Equity Bancshares, Inc., Class A
33,991
923,196
Esquire Financial Holdings, Inc.
15,706
784,436
ESSA Bancorp, Inc.
19,870
330,239
Evans Bancorp, Inc.
11,987
356,254
Farmers & Merchants Bancorp, Inc.
31,055
662,093
Farmers National Banc Corp.
85,597
1,176,959
FB Financial Corp.
81,729
2,894,841
Fidelity D&D Bancorp, Inc.
10,660
540,888
Financial Institutions, Inc.
34,731
666,141
First BanCorp
410,082
6,089,718
First Bancorp/Southern Pines NC
91,639
3,031,418
First Bank
49,770
622,125
First Busey Corp.
119,609
2,590,731
First Business Financial Services, Inc.
17,970
610,800
First Commonwealth Financial Corp.
235,570
3,401,631
  17

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
First Community Bankshares, Inc.
40,875
1,374,626
First Community Corp.
16,859
332,965
First Financial Bancorp
218,062
5,035,052
First Financial Bankshares, Inc.
300,992
9,809,329
First Financial Corp.
26,877
1,026,970
First Foundation, Inc.
117,091
855,935
First Interstate BancSystem, Inc.,
Class A
191,233
5,494,124
First Merchants Corp.
136,964
4,399,284
First Mid Bancshares, Inc.
44,429
1,359,972
First Western Financial, Inc. *
18,237
378,235
Five Star Bancorp
29,213
720,977
Flushing Financial Corp.
64,497
1,017,763
FS Bancorp, Inc.
15,155
469,805
Fulton Financial Corp.
376,452
5,383,264
FVCBankcorp, Inc. *
36,650
471,319
German American Bancorp, Inc.
64,740
1,907,240
Glacier Bancorp, Inc.
257,577
8,422,768
Great Southern Bancorp, Inc.
21,005
1,162,207
Greene County Bancorp, Inc.
16,070
553,772
Guaranty Bancshares, Inc.
19,319
614,151
Hancock Whitney Corp.
200,332
8,816,611
Hanmi Financial Corp.
70,682
1,342,958
HarborOne Bancorp, Inc.
95,963
1,006,652
HBT Financial, Inc.
30,696
609,009
Heartland Financial USA, Inc.
97,286
3,340,801
Heritage Commerce Corp.
137,423
1,319,261
Heritage Financial Corp.
80,344
1,507,253
Hilltop Holdings, Inc.
108,309
3,349,997
Home Bancorp, Inc.
16,575
590,402
Home BancShares, Inc.
440,377
10,705,565
HomeStreet, Inc.
41,302
379,978
HomeTrust Bancshares, Inc.
35,561
864,488
Hope Bancorp, Inc.
265,999
2,888,749
Horizon Bancorp, Inc.
100,193
1,241,391
Independent Bank Corp.
102,261
6,161,225
Independent Bank Corp., Michigan
46,220
954,905
Independent Bank Group, Inc.
83,261
3,735,921
International Bancshares Corp.
124,198
6,165,189
John Marshall Bancorp, Inc.
28,487
541,253
Kearny Financial Corp.
133,358
1,145,545
Lakeland Bancorp, Inc.
143,847
2,173,528
Lakeland Financial Corp.
57,156
3,168,729
LCNB Corp.
24,178
423,840
Live Oak Bancshares, Inc.
77,591
2,938,371
Luther Burbank Corp.
23,446
241,494
Macatawa Bank Corp.
60,193
592,901
MainStreet Bancshares, Inc.
15,928
380,201
Mercantile Bank Corp.
36,465
1,280,651
Metrocity Bankshares, Inc.
41,783
895,828
Metropolitan Bank Holding Corp. *
23,964
1,085,330
Mid Penn Bancorp, Inc.
32,531
764,479
Middlefield Banc Corp.
17,969
525,773
Midland States Bancorp, Inc.
49,494
1,159,644
MidWestOne Financial Group, Inc.
32,543
798,280
MVB Financial Corp.
25,950
664,061
National Bank Holdings Corp., Class A
84,818
2,914,346
National Bankshares, Inc.
13,212
393,321
NBT Bancorp, Inc.
96,281
3,581,653
Nicolet Bankshares, Inc.
29,677
2,482,481
Northeast Bank
17,734
844,848
Northeast Community Bancorp, Inc.
30,612
495,608
Northfield Bancorp, Inc.
96,307
1,173,019
Northrim BanCorp, Inc.
12,588
601,706
Northwest Bancshares, Inc.
295,634
3,654,036
Norwood Financial Corp.
16,877
537,532
Oak Valley Bancorp
15,395
421,669
OceanFirst Financial Corp.
134,299
2,501,990
OFG Bancorp
107,295
3,593,310
SECURITY
NUMBER
OF SHARES
VALUE ($)
Old National Bancorp
676,391
11,518,939
Old Second Bancorp, Inc.
100,480
1,606,675
Orange County Bancorp, Inc.
11,677
525,932
Origin Bancorp, Inc.
67,299
2,193,947
Orrstown Financial Services, Inc.
23,408
547,747
Pacific Premier Bancorp, Inc.
219,573
5,607,894
PacWest Bancorp (a)
276,493
2,571,385
Park National Corp.
32,990
3,679,045
Parke Bancorp, Inc.
23,991
475,981
Pathward Financial, Inc.
63,194
3,283,560
PCB Bancorp
24,946
407,119
Peapack-Gladstone Financial Corp.
39,605
1,157,654
Penns Woods Bancorp, Inc. (a)
15,676
422,782
Peoples Bancorp, Inc.
77,935
2,195,429
Peoples Financial Services Corp.
15,956
737,008
Pioneer Bancorp, Inc. *
26,534
260,829
Plumas Bancorp
12,503
452,359
Ponce Financial Group, Inc. *
46,752
431,521
Preferred Bank
30,938
2,044,383
Premier Financial Corp.
81,858
1,773,044
Primis Financial Corp.
46,338
440,674
Princeton Bancorp, Inc.
11,623
347,644
Provident Financial Services, Inc.
168,958
3,132,481
QCR Holdings, Inc.
37,821
1,937,570
RBB Bancorp
38,346
562,536
Red River Bancshares, Inc.
11,017
539,943
Renasant Corp.
127,043
3,930,710
Republic Bancorp, Inc., Class A
19,695
902,622
S&T Bancorp, Inc.
89,559
2,828,273
Sandy Spring Bancorp, Inc.
101,003
2,471,543
Seacoast Banking Corp. of Florida
195,049
4,819,661
ServisFirst Bancshares, Inc.
117,925
7,037,764
Shore Bancshares, Inc.
68,160
811,104
Sierra Bancorp
31,634
666,212
Simmons First National Corp., Class A
292,149
5,898,488
SmartFinancial, Inc.
36,248
910,550
South Plains Financial, Inc.
27,505
738,509
Southern First Bancshares, Inc. *
17,543
529,448
Southern Missouri Bancorp, Inc.
19,609
942,605
Southern States Bancshares, Inc.
17,156
431,473
Southside Bancshares, Inc.
67,920
2,255,623
SouthState Corp.
175,758
13,651,124
Stellar Bancorp, Inc.
112,126
2,787,452
Sterling Bancorp, Inc. *
48,183
286,207
Stock Yards Bancorp, Inc.
62,484
2,987,360
Summit Financial Group, Inc.
25,570
576,859
Texas Capital Bancshares, Inc. *
110,723
7,069,664
The Bancorp, Inc. *
123,879
4,695,014
The Bank of N.T. Butterfield & Son Ltd.
116,281
3,736,109
The First BanCorp, Inc.
22,376
590,503
The First Bancshares, Inc.
70,008
2,191,950
The First of Long Island Corp.
48,755
679,645
The Hingham Institution For Savings
3,403
756,997
Third Coast Bancshares, Inc. *
30,185
624,226
Timberland Bancorp, Inc.
17,272
540,441
Tompkins Financial Corp.
31,988
1,924,398
Towne Bank
162,634
4,111,388
TriCo Bancshares
71,548
2,674,464
Triumph Financial, Inc. *
51,144
3,626,621
TrustCo Bank Corp.
43,114
1,310,234
Trustmark Corp.
140,054
3,677,818
UMB Financial Corp.
102,353
7,267,063
United Bankshares, Inc.
302,096
10,102,090
United Community Banks, Inc.
267,029
7,762,533
Unity Bancorp, Inc.
16,909
448,427
Univest Financial Corp.
67,205
1,310,497
USCB Financial Holdings, Inc. *
24,056
263,654
Valley National Bancorp
996,579
10,224,901
Veritex Holdings, Inc.
120,892
2,600,387
18  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Virginia National Bankshares Corp.
10,808
391,574
Washington Federal, Inc.
151,703
4,708,861
Washington Trust Bancorp, Inc.
38,700
1,240,722
WesBanco, Inc.
133,844
3,748,970
West Bancorp, Inc.
37,076
743,745
Westamerica Bancorp
60,247
2,963,550
WSFS Financial Corp.
141,648
6,197,100
 
510,379,035
 
Capital Goods 11.4%
374Water, Inc. *(a)
135,387
269,420
3D Systems Corp. *
293,504
2,556,420
AAON, Inc.
104,257
10,974,092
AAR Corp. *
79,868
4,776,106
AeroVironment, Inc. *
57,980
5,523,175
AerSale Corp. *
58,696
881,027
Alamo Group, Inc.
23,377
4,529,527
Albany International Corp., Class A
72,291
6,960,177
Allied Motion Technologies, Inc.
32,133
1,249,974
Alta Equipment Group, Inc.
43,474
702,105
Ameresco, Inc., Class A *
74,018
4,308,588
American Woodmark Corp. *
38,334
2,937,918
Amprius Technologies, Inc. *
12,291
92,305
API Group Corp. *
482,880
13,887,629
Apogee Enterprises, Inc.
50,900
2,521,077
Applied Industrial Technologies, Inc.
89,084
12,916,289
Archer Aviation, Inc., Class A *
353,541
2,379,331
Arcosa, Inc.
112,016
8,645,395
Argan, Inc.
29,396
1,118,224
Array Technologies, Inc. *
349,997
6,667,443
Astec Industries, Inc.
52,365
2,586,831
Astronics Corp. *
60,294
1,264,968
Atkore, Inc. *
91,407
14,503,549
AZZ, Inc.
57,167
2,534,213
Babcock & Wilcox Enterprises, Inc. *
134,444
736,753
Barnes Group, Inc.
113,359
4,455,009
Beacon Roofing Supply, Inc. *
112,872
9,669,744
Blink Charging Co. *(a)
105,494
675,162
Bloom Energy Corp., Class A *
444,941
7,946,646
Blue Bird Corp. *
40,165
841,055
BlueLinx Holdings, Inc. *
20,180
1,901,763
Boise Cascade Co.
91,684
9,488,377
Bowman Consulting Group Ltd.,
Class A *
22,976
796,118
Brookfield Business Corp., Class A
59,442
1,219,750
Cadre Holdings, Inc.
44,437
1,034,049
Chart Industries, Inc. *
97,425
17,746,938
CIRCOR International, Inc. *
41,929
2,335,445
Columbus McKinnon Corp.
64,937
2,749,433
Comfort Systems USA, Inc.
81,715
14,215,959
Commercial Vehicle Group, Inc. *
73,434
771,057
Concrete Pumping Holdings, Inc. *
59,286
478,438
Construction Partners, Inc., Class A *
92,489
2,719,177
CSW Industrials, Inc.
35,652
6,436,969
Custom Truck One Source, Inc. *
132,084
914,021
Desktop Metal, Inc., Class A *(a)
650,004
1,183,007
Distribution Solutions Group, Inc. *
10,357
574,192
Douglas Dynamics, Inc.
52,145
1,619,102
Dragonfly Energy Holdings Corp. *(a)
34,788
95,319
Ducommun, Inc. *
26,073
1,307,300
DXP Enterprises, Inc. *
33,418
1,269,216
Dycom Industries, Inc. *
66,212
6,593,391
Encore Wire Corp.
38,697
6,605,191
Energy Recovery, Inc. *
128,180
3,906,926
Energy Vault Holdings, Inc. *(a)
224,131
750,839
Enerpac Tool Group Corp., Class A
132,214
3,633,241
EnerSys
95,244
10,316,830
Enovix Corp. *
316,429
6,809,552
SECURITY
NUMBER
OF SHARES
VALUE ($)
EnPro Industries, Inc.
48,427
6,720,699
Eos Energy Enterprises, Inc. *(a)
246,042
605,263
ESCO Technologies, Inc.
59,203
5,952,862
ESS Tech, Inc. *(a)
208,503
402,411
Eve Holding, Inc. *(a)
41,374
378,572
EVI Industries, Inc. *
10,840
275,770
Federal Signal Corp.
138,347
8,451,618
Fluence Energy, Inc. *
90,672
2,651,249
Fluor Corp. *
329,220
10,199,236
Franklin Electric Co., Inc.
106,620
10,536,188
FTAI Aviation Ltd.
229,973
7,407,430
FTC Solar, Inc. *
145,416
552,581
FuelCell Energy, Inc. *(a)
943,818
2,066,961
GATX Corp.
81,971
10,275,885
Gencor Industries, Inc. *
24,095
367,449
Gibraltar Industries, Inc. *
71,787
4,642,465
Global Industrial Co.
29,984
854,544
GMS, Inc. *
96,037
7,076,967
GrafTech International Ltd.
446,737
2,358,771
Granite Construction, Inc.
102,164
4,181,572
Great Lakes Dredge & Dock Corp. *
152,054
1,277,254
Griffon Corp.
101,671
4,241,714
H&E Equipment Services, Inc.
74,003
3,595,066
Helios Technologies, Inc.
75,836
4,792,835
Herc Holdings, Inc.
65,253
8,732,809
Hillenbrand, Inc.
159,462
8,282,456
Hillman Solutions Corp. *
397,205
3,908,497
Hudson Technologies, Inc. *
100,238
911,163
Hyliion Holdings Corp. *
337,387
664,652
Hyster-Yale Materials Handling, Inc.
25,142
1,200,782
IES Holdings, Inc. *
19,035
1,091,086
INNOVATE Corp. *
104,968
173,197
Insteel Industries, Inc.
43,403
1,399,747
Janus International Group, Inc. *
195,611
2,233,878
JELD-WEN Holding, Inc. *
195,945
3,489,780
John Bean Technologies Corp.
73,518
9,087,560
Kadant, Inc.
27,034
6,024,527
Kaman Corp.
65,060
1,489,223
Karat Packaging, Inc.
12,968
263,639
Kennametal, Inc.
186,481
5,683,941
Kratos Defense & Security Solutions,
Inc. *
288,299
4,350,432
Leonardo DRS, Inc. *
116,431
1,943,233
Limbach Holdings, Inc. *
21,046
556,035
Lindsay Corp.
25,444
3,372,093
LSI Industries, Inc.
59,815
753,669
Luxfer Holdings plc
62,745
794,352
Masonite International Corp. *
51,407
5,374,602
Masterbrand, Inc. *
298,517
3,686,685
Mayville Engineering Co., Inc. *
25,250
305,272
McGrath RentCorp
57,136
5,506,768
Microvast Holdings, Inc. *
240,268
689,569
Miller Industries, Inc.
25,871
981,546
Moog, Inc., Class A
65,549
6,911,487
MRC Global, Inc. *
193,484
2,184,434
Mueller Industries, Inc.
129,382
10,487,705
Mueller Water Products, Inc., Class A
358,793
5,772,979
MYR Group, Inc. *
38,026
5,420,987
National Presto Industries, Inc.
11,796
923,745
NEXTracker, Inc., Class A *
100,868
4,271,760
Nikola Corp. *(a)
1,369,774
3,657,297
Northwest Pipe Co. *
22,501
733,083
NOW, Inc. *
252,607
2,877,194
NuScale Power Corp. *(a)
122,518
928,686
Omega Flex, Inc.
7,478
669,431
Park Aerospace Corp.
44,942
653,007
Park-Ohio Holdings Corp.
19,192
369,830
Parsons Corp. *
95,519
4,720,549
PGT Innovations, Inc. *
133,816
3,828,476
  19

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Powell Industries, Inc.
21,235
1,290,663
Preformed Line Products Co.
5,778
1,002,541
Primoris Services Corp.
123,102
3,909,720
Proterra, Inc. *
506,239
855,544
Proto Labs, Inc. *
60,793
2,015,288
Quanex Building Products Corp.
76,144
2,142,692
Redwire Corp. *
17,938
65,294
Resideo Technologies, Inc. *
338,604
6,338,667
REV Group, Inc.
72,393
936,041
Rocket Lab USA, Inc. *
645,859
4,759,981
Rush Enterprises, Inc., Class A
95,634
6,185,607
Rush Enterprises, Inc., Class B
14,225
977,400
SES AI Corp. *
285,413
896,197
Shoals Technologies Group, Inc.,
Class A *
395,789
10,274,682
Simpson Manufacturing Co., Inc.
99,084
15,655,272
SKYX Platforms Corp. *
129,965
275,526
Southland Holdings, Inc. *(a)
8,586
68,430
SPX Technologies, Inc. *
101,943
8,625,397
Standex International Corp.
27,348
4,063,092
Stem, Inc. *(a)
328,779
2,324,468
Sterling Infrastructure, Inc. *
68,939
4,135,651
SunPower Corp. *
201,271
1,986,545
Tennant Co.
42,611
3,419,107
Terex Corp.
155,111
9,094,158
Terran Orbital Corp. *(a)
194,774
292,161
Textainer Group Holdings Ltd.
100,026
4,111,069
The Gorman-Rupp Co.
52,954
1,678,642
The Greenbrier Cos., Inc.
72,694
3,357,736
The Manitowoc Co., Inc. *
80,608
1,460,617
The Shyft Group, Inc.
79,483
1,146,940
Thermon Group Holdings, Inc. *
77,093
2,128,538
Titan International, Inc. *
121,325
1,515,349
Titan Machinery, Inc. *
47,628
1,520,286
TPI Composites, Inc. *
95,786
568,969
Transcat, Inc. *
17,085
1,433,090
Trinity Industries, Inc.
187,945
4,927,918
Triton International Ltd.
126,009
10,623,819
Triumph Group, Inc. *
148,686
1,880,878
Tutor Perini Corp. *
97,041
819,996
UFP Industries, Inc.
138,648
14,247,468
V2X, Inc. *
26,702
1,374,085
Velo3D, Inc. *(a)
203,467
465,939
Veritiv Corp.
30,164
4,226,881
Vicor Corp. *
51,041
4,709,553
Virgin Galactic Holdings, Inc. *(a)
581,267
2,487,823
Wabash National Corp.
109,192
2,585,667
Watts Water Technologies, Inc., Class A
63,142
11,777,877
Willis Lease Finance Corp. *
6,475
273,828
Xometry, Inc., Class A *
78,404
1,627,667
Zurn Elkay Water Solutions Corp.
341,578
10,397,634
 
666,747,350
 
Commercial & Professional Services 3.8%
ABM Industries, Inc.
152,998
7,080,747
ACCO Brands Corp.
214,469
1,306,116
ACV Auctions, Inc., Class A *
294,016
5,142,340
Alight, Inc., Class A *
919,040
8,988,211
Aris Water Solution, Inc., Class A
68,341
746,967
ASGN, Inc. *
111,286
8,493,348
Asure Software, Inc. *
43,262
590,094
Barrett Business Services, Inc.
15,485
1,404,954
BlackSky Technology, Inc. *
270,181
537,660
BrightView Holdings, Inc. *
94,579
729,204
Casella Waste Systems, Inc., Class A *
128,466
10,365,922
CBIZ, Inc. *
110,784
5,859,366
CECO Environmental Corp. *
67,886
817,347
Cimpress plc *
41,078
2,854,921
SECURITY
NUMBER
OF SHARES
VALUE ($)
CompX International, Inc.
3,395
76,863
Conduent, Inc. *
398,492
1,378,782
CoreCivic, Inc. *
261,799
2,539,450
CRA International, Inc.
15,707
1,572,114
CSG Systems International, Inc.
72,262
3,727,997
Deluxe Corp.
100,561
1,909,653
Ennis, Inc.
59,119
1,273,423
ExlService Holdings, Inc. *
74,645
10,521,213
Exponent, Inc.
116,903
10,472,171
First Advantage Corp. *
126,184
1,892,760
FiscalNote Holdings, Inc. *
142,336
466,862
Forrester Research, Inc. *
26,852
855,773
Franklin Covey Co. *
28,525
1,359,216
Harsco Corp. *
182,247
1,718,589
Healthcare Services Group, Inc.
171,353
2,160,761
Heidrick & Struggles International, Inc.
45,950
1,253,057
Heritage-Crystal Clean, Inc. *
36,345
1,674,414
HireQuest, Inc.
12,249
306,348
HireRight Holdings Corp. *
34,290
367,246
HNI Corp.
106,235
3,090,376
Huron Consulting Group, Inc. *
43,825
4,144,530
IBEX Holdings Ltd. *
25,006
496,369
ICF International, Inc.
43,333
5,095,527
Innodata, Inc. *
57,668
739,880
Insperity, Inc.
84,136
9,898,600
Interface, Inc., Class A
133,049
1,299,889
Kelly Services, Inc., Class A
76,400
1,399,648
Kforce, Inc.
44,593
2,828,980
Korn Ferry
120,568
6,351,522
LanzaTech Global, Inc. *
47,134
305,428
LegalZoom.com, Inc. *
239,623
3,661,439
Li-Cycle Holdings Corp. *(a)
318,432
1,920,145
Liquidity Services, Inc. *
54,237
910,097
Matthews International Corp., Class A
68,390
3,139,101
Maximus, Inc.
140,409
11,760,658
MillerKnoll, Inc.
174,847
3,421,756
Mistras Group, Inc. *
47,603
368,447
Montrose Environmental Group, Inc. *
64,214
2,598,741
NL Industries, Inc.
18,784
108,947
NV5 Global, Inc. *
31,271
3,425,738
OPENLANE, Inc. *
250,143
3,927,245
Performant Financial Corp. *
153,846
472,307
Pitney Bowes, Inc.
406,210
1,600,467
Planet Labs PBC *
441,532
1,642,499
Quad Graphics, Inc. *
71,062
420,687
Resources Connection, Inc.
74,181
1,185,412
Skillsoft Corp. *
181,914
240,127
SP Plus Corp. *
45,193
1,737,671
Steelcase, Inc., Class A
203,944
1,747,800
Sterling Check Corp. *
54,162
650,486
The Brink's Co.
106,613
7,778,485
The GEO Group, Inc. *
274,648
2,051,621
TriNet Group, Inc. *
86,972
9,152,064
TrueBlue, Inc. *
70,434
1,052,988
TTEC Holdings, Inc.
44,925
1,547,217
UniFirst Corp.
34,689
5,630,025
Upwork, Inc. *
284,829
2,970,766
Verra Mobility Corp., Class A *
322,552
6,770,367
Viad Corp. *
47,580
1,342,232
VSE Corp.
24,737
1,329,614
Willdan Group, Inc. *
27,961
564,253
 
221,224,040
 
Consumer Discretionary Distribution & Retail 2.6%
1-800-Flowers.com, Inc., Class A *
59,538
516,790
Abercrombie & Fitch Co., Class A *
113,221
4,484,684
Academy Sports & Outdoors, Inc.
172,367
10,305,823
American Eagle Outfitters, Inc.
422,935
5,942,237
20  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
America's Car-Mart, Inc. *
13,560
1,615,267
Arko Corp.
190,526
1,588,987
Asbury Automotive Group, Inc. *
50,026
11,285,866
BARK, Inc. *
250,270
360,389
Big 5 Sporting Goods Corp. (a)
49,178
470,633
Big Lots, Inc.
65,069
666,957
Boot Barn Holdings, Inc. *
68,805
6,460,789
Build-A-Bear Workshop, Inc.
30,384
745,927
Caleres, Inc.
80,036
2,164,173
Camping World Holdings, Inc., Class A
96,221
3,081,959
CarParts.com, Inc. *
121,182
608,334
Carvana Co., Class A *(a)
221,570
10,181,141
Chico's FAS, Inc. *
281,793
1,718,937
ContextLogic, Inc., Class A *(a)
50,471
479,475
Designer Brands, Inc., Class A
115,825
1,152,459
Destination XL Group, Inc. *
133,281
687,730
Dillard's, Inc., Class A
8,334
2,858,895
Duluth Holdings, Inc., Class B *
31,550
229,053
Envela Corp. *
17,343
129,899
EVgo, Inc., Class A *(a)
163,973
716,562
Foot Locker, Inc.
190,110
5,108,256
Franchise Group, Inc. (a)
52,549
1,563,858
Genesco, Inc. *
27,605
778,737
Group 1 Automotive, Inc.
32,165
8,315,617
GrowGeneration Corp. *
133,787
532,472
Guess?, Inc.
67,276
1,412,123
Haverty Furniture Cos., Inc.
33,474
1,191,674
Hibbett, Inc.
28,770
1,334,928
J Jill Inc. *
10,402
236,125
Lands' End, Inc. *
34,061
319,492
Lazydays Holdings, Inc. *
28,960
379,666
Leslie's, Inc. *
408,940
2,604,948
MarineMax, Inc. *
49,419
1,993,068
Monro, Inc.
71,749
2,629,601
National Vision Holdings, Inc. *
179,953
3,892,383
OneWater Marine, Inc., Class A *
26,397
993,847
Overstock.com, Inc. *
103,840
3,787,045
PetMed Express, Inc.
46,987
688,360
Qurate Retail, Inc., Class B *
3,032
23,043
Rent the Runway, Inc., Class A *(a)
109,914
203,341
Revolve Group, Inc. *
94,887
1,871,172
Sally Beauty Holdings, Inc. *
247,099
2,957,775
Shoe Carnival, Inc.
38,368
1,020,972
Signet Jewelers Ltd.
102,989
8,289,585
Sleep Number Corp. *
49,795
1,378,824
Sonic Automotive, Inc., Class A
36,235
1,735,294
Sportsman's Warehouse Holdings, Inc. *
86,556
545,303
Stitch Fix, Inc., Class A *
192,887
985,653
The Aaron's Co., Inc.
73,213
1,158,230
The Buckle, Inc.
70,357
2,572,252
The Cato Corp., Class A
39,806
338,351
The Children's Place, Inc. *
27,273
857,463
The ODP Corp. *
78,902
3,935,632
ThredUp, Inc., Class A *
164,143
577,783
Tile Shop Holdings, Inc. *
65,881
419,003
Tilly's, Inc., Class A *
51,150
443,471
Torrid Holdings, Inc. *(a)
27,619
75,124
Upbound Group, Inc.
127,755
4,424,156
Urban Outfitters, Inc. *
147,740
5,373,304
Warby Parker, Inc., Class A *
195,278
2,917,453
Weyco Group, Inc.
14,000
382,200
Winmark Corp.
6,579
2,391,203
Zumiez, Inc. *
36,423
686,938
 
151,778,691
 
Consumer Durables & Apparel 3.1%
Acushnet Holdings Corp.
72,370
4,315,423
Allbirds, Inc., Class A *
217,207
325,811
SECURITY
NUMBER
OF SHARES
VALUE ($)
AMMO, Inc. *
205,203
426,822
Beazer Homes USA, Inc. *
68,118
2,290,808
Cavco Industries, Inc. *
20,235
5,982,478
Century Communities, Inc.
65,837
5,083,933
Clarus Corp.
66,909
595,490
Cricut, Inc., Class A (a)
110,371
1,309,000
Dream Finders Homes, Inc., Class A *
56,102
1,430,601
Escalade, Inc.
22,762
332,325
Ethan Allen Interiors, Inc.
52,832
1,662,623
Figs, Inc., Class A *
294,376
2,166,607
Fossil Group, Inc. *
110,605
307,482
Funko, Inc., Class A *
79,525
648,924
G-III Apparel Group Ltd. *
97,176
2,012,515
GoPro, Inc., Class A *
299,752
1,225,986
Green Brick Partners, Inc. *
60,720
3,431,894
Hanesbrands, Inc.
810,191
4,269,707
Helen of Troy Ltd. *
55,638
7,861,649
Hooker Furnishings Corp.
25,132
504,399
Hovnanian Enterprises, Inc., Class A *
11,010
1,173,886
Installed Building Products, Inc.
54,753
8,104,539
iRobot Corp. *
63,117
2,524,680
JAKKS Pacific, Inc. *
16,519
344,256
Johnson Outdoors, Inc., Class A
12,382
732,024
KB Home
171,078
9,233,080
Kontoor Brands, Inc.
128,771
5,454,740
Landsea Homes Corp. *
30,733
303,335
Latham Group, Inc. *
88,803
349,884
La-Z-Boy, Inc.
99,929
3,134,773
Legacy Housing Corp. *
22,677
537,898
LGI Homes, Inc. *
48,121
6,676,789
M.D.C. Holdings, Inc.
135,657
6,956,491
M/I Homes, Inc. *
62,296
6,229,600
Malibu Boats, Inc., Class A *
46,838
2,807,938
Marine Products Corp.
19,228
308,417
MasterCraft Boat Holdings, Inc. *
40,660
1,246,229
Meritage Homes Corp.
84,082
12,524,014
Movado Group, Inc.
35,046
1,005,820
Oxford Industries, Inc.
34,471
3,717,697
Purple Innovation, Inc., Class A
145,450
453,804
Rocky Brands, Inc.
15,946
320,834
Skyline Champion Corp. *
123,743
8,619,937
Smith & Wesson Brands, Inc.
105,783
1,346,618
Snap One Holdings Corp. *
41,679
405,953
Solo Brands, Inc., Class A *
50,191
294,119
Sonos, Inc. *
294,004
5,039,229
Steven Madden Ltd.
174,128
5,812,393
Sturm, Ruger & Co., Inc.
40,310
2,134,415
Taylor Morrison Home Corp., Class A *
242,865
11,759,523
The Lovesac Co. *
32,088
939,537
Topgolf Callaway Brands Corp. *
332,620
6,642,421
Traeger, Inc. *(a)
81,565
363,780
Tri Pointe Homes, Inc. *
229,094
7,303,517
United Homes Group, Inc. *
14,068
159,953
Vera Bradley, Inc. *
59,937
403,975
Vista Outdoor, Inc. *
129,786
3,932,516
Vizio Holding Corp., Class A *
177,393
1,321,578
VOXX International Corp., Class A *
31,772
293,573
Wolverine World Wide, Inc.
178,929
2,267,030
 
179,365,272
 
Consumer Services 3.3%
2U, Inc. *
182,090
870,390
Accel Entertainment, Inc., Class A *
124,866
1,423,472
Adtalem Global Education, Inc. *
104,424
4,515,294
Bally's Corp. *
68,530
1,115,668
Biglari Holdings, Inc., Class B *
1,689
343,137
BJ's Restaurants, Inc. *
52,571
1,979,824
Bloomin' Brands, Inc.
202,685
5,446,146
  21

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Bluegreen Vacations Holding Corp.,
Class A
24,665
964,155
Bowlero Corp. *
67,233
815,536
Brinker International, Inc. *
101,680
3,993,990
Carriage Services, Inc., Class A
30,656
992,335
Carrols Restaurant Group, Inc. *
84,007
494,801
Century Casinos, Inc. *
62,870
499,817
Chegg, Inc. *
271,960
2,754,955
Chuy's Holdings, Inc. *
41,703
1,734,428
Coursera, Inc. *
299,718
4,702,575
Cracker Barrel Old Country Store, Inc.
51,055
4,758,326
Dave & Buster's Entertainment, Inc. *
100,409
4,598,732
Denny's Corp. *
126,245
1,484,641
Dine Brands Global, Inc.
36,060
2,175,139
Duolingo, Inc. *
66,228
10,277,923
El Pollo Loco Holdings, Inc.
65,447
697,011
European Wax Center, Inc., Class A *
78,946
1,529,184
Everi Holdings, Inc. *
194,205
2,882,002
Fiesta Restaurant Group, Inc. *
40,462
311,557
First Watch Restaurant Group, Inc. *
34,554
644,087
Frontdoor, Inc. *
190,199
6,641,749
Full House Resorts, Inc. *
75,097
482,123
Global Business Travel Group I *
73,773
519,362
Golden Entertainment, Inc. *
46,688
1,976,770
Graham Holdings Co., Class B
8,587
5,038,422
Hilton Grand Vacations, Inc. *
187,859
8,735,444
Inspired Entertainment, Inc. *
49,619
624,703
International Game Technology plc
250,760
8,483,211
Jack in the Box, Inc.
48,068
4,778,440
Krispy Kreme, Inc.
201,486
3,102,884
Kura Sushi USA, Inc., Class A *
13,601
1,353,436
Laureate Education, Inc.
303,807
3,894,806
Life Time Group Holdings, Inc. *
102,969
1,862,709
Light & Wonder, Inc. *
210,812
14,820,084
Lincoln Educational Services Corp. *
54,128
384,850
Lindblad Expeditions Holdings, Inc. *
81,251
960,387
Monarch Casino & Resort, Inc.
31,044
2,151,970
Mondee Holdings, Inc., Class A *(a)
103,793
888,468
Nathan's Famous, Inc.
6,447
516,405
Nerdy, Inc. *
135,482
669,281
Noodles & Co., Class A *
91,768
334,953
OneSpaWorld Holdings Ltd. *
168,301
2,161,826
Papa John's International, Inc.
80,712
6,674,882
Perdoceo Education Corp. *
154,966
2,068,796
PlayAGS, Inc. *
84,442
559,006
Portillo's, Inc., Class A *
97,944
2,257,609
Potbelly Corp. *
59,667
569,820
RCI Hospitality Holdings, Inc.
19,796
1,380,771
Red Robin Gourmet Burgers, Inc. *
36,284
527,932
Red Rock Resorts, Inc., Class A
110,102
5,339,947
Rover Group, Inc., Class A *
212,351
1,163,684
Rush Street Interactive, Inc. *
144,195
552,267
Sabre Corp. *
754,826
3,094,787
SeaWorld Entertainment, Inc. *
92,233
5,106,941
Shake Shack, Inc., Class A *
87,278
6,778,010
Six Flags Entertainment Corp. *
166,226
3,972,801
Strategic Education, Inc.
52,090
3,911,959
Stride, Inc. *
97,620
3,730,060
Super Group SGHC Ltd. *
316,147
957,925
Sweetgreen, Inc., Class A *
222,425
3,351,945
Target Hospitality Corp. *
71,485
912,864
The Cheesecake Factory, Inc.
112,389
4,133,667
The ONE Group Hospitality, Inc. *
50,200
369,974
Udemy, Inc. *
197,761
2,335,557
Universal Technical Institute, Inc. *
74,931
545,498
WW International, Inc. *
124,650
1,452,173
Xponential Fitness, Inc., Class A *
57,138
1,206,755
 
195,343,038
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Consumer Staples Distribution & Retail 0.5%
HF Foods Group, Inc. *
92,601
484,303
Ingles Markets, Inc., Class A
32,353
2,743,534
Natural Grocers by Vitamin Cottage, Inc.
21,758
270,887
PriceSmart, Inc.
59,892
4,655,405
SpartanNash Co.
80,518
1,806,824
Sprouts Farmers Market, Inc. *
239,135
9,386,049
The Andersons, Inc.
74,686
3,646,171
The Chefs' Warehouse, Inc. *
81,025
2,944,448
United Natural Foods, Inc. *
136,347
2,836,018
Village Super Market, Inc., Class A
19,490
453,727
Weis Markets, Inc.
37,935
2,516,608
 
31,743,974
 
Energy 7.3%
Amplify Energy Corp. *
82,931
608,714
Arch Resources, Inc.
42,369
5,441,874
Archrock, Inc.
319,931
3,730,395
Ardmore Shipping Corp.
95,193
1,340,317
Atlas Energy Solutions, Inc., Class A
37,227
735,233
Berry Corp.
178,286
1,390,631
Borr Drilling Ltd. *
530,197
4,655,130
Bristow Group, Inc. *
54,622
1,680,719
Cactus, Inc., Class A
149,356
7,584,298
California Resources Corp.
165,894
8,850,445
Callon Petroleum Co. *
141,808
5,326,308
Centrus Energy Corp., Class A *
28,078
1,055,733
ChampionX Corp.
459,344
16,352,646
Chord Energy Corp.
96,604
15,151,371
Civitas Resources, Inc.
159,830
11,964,874
Clean Energy Fuels Corp. *
391,421
1,929,706
CNX Resources Corp. *
377,357
7,698,083
Comstock Resources, Inc.
211,812
2,700,603
CONSOL Energy, Inc.
78,601
5,857,347
Core Laboratories, Inc.
107,935
2,805,231
Crescent Energy Co., Class A
87,436
1,037,865
CVR Energy, Inc.
68,395
2,512,832
Delek US Holdings, Inc.
153,102
4,224,084
Denbury, Inc. *
116,100
10,206,351
DHT Holdings, Inc.
315,769
3,110,325
Diamond Offshore Drilling, Inc. *
234,250
3,708,178
DMC Global, Inc. *
44,572
840,628
Dorian LPG Ltd.
73,998
2,200,701
Dril-Quip, Inc. *
78,545
2,033,530
Earthstone Energy, Inc., Class A *
131,859
2,107,107
Empire Petroleum Corp. *
23,167
208,503
Encore Energy Corp. *
323,733
819,044
Energy Fuels, Inc. *(a)
361,968
2,309,356
Enviva, Inc. *
71,575
964,115
Equitrans Midstream Corp.
1,008,535
10,458,508
Evolution Petroleum Corp.
72,098
673,395
Excelerate Energy, Inc., Class A
41,385
878,190
Expro Group Holdings N.V. *
203,033
4,505,302
FLEX LNG Ltd. *
68,572
2,181,961
Forum Energy Technologies, Inc. *
22,424
610,157
Gevo, Inc. *
534,500
919,340
Golar LNG Ltd.
234,411
5,653,993
Granite Ridge Resources, Inc. (a)
59,395
432,990
Green Plains, Inc. *
134,732
4,784,333
Gulfport Energy Corp. *
23,140
2,370,693
Hallador Energy Co. *
52,219
481,459
Helix Energy Solutions Group, Inc. *
331,434
3,181,766
Helmerich & Payne, Inc.
231,905
10,382,387
HighPeak Energy, Inc.
24,326
368,539
International Seaways, Inc.
93,536
4,011,759
Kinetik Holdings, Inc., Class A
39,336
1,416,096
KLX Energy Services Holdings, Inc. *
28,956
339,654
22  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Kosmos Energy Ltd. *
1,055,315
7,492,737
Liberty Energy, Inc., Class A
395,222
6,509,306
Magnolia Oil & Gas Corp., Class A
423,381
9,377,889
Mammoth Energy Services, Inc. *
53,242
260,353
Matador Resources Co.
261,561
14,550,638
Murphy Oil Corp.
343,073
14,844,769
Nabors Industries Ltd. *
21,127
2,587,846
NACCO Industries, Inc., Class A
9,708
359,099
Newpark Resources, Inc. *
173,636
958,471
NextDecade Corp. *
70,072
390,301
NexTier Oilfield Solutions, Inc. *
450,404
5,368,816
Noble Corp. plc
248,475
12,987,788
Nordic American Tankers Ltd.
473,782
2,079,903
Northern Oil and Gas, Inc.
173,697
6,838,451
Oceaneering International, Inc. *
232,640
5,222,768
Oil States International, Inc. *
146,501
1,177,868
Overseas Shipholding Group, Inc.,
Class A *
131,955
539,696
Par Pacific Holdings, Inc. *
127,221
4,004,917
Patterson-UTI Energy, Inc.
479,152
7,589,768
PBF Energy, Inc., Class A
268,625
12,743,570
Peabody Energy Corp.
288,142
6,465,906
Permian Resources Corp., Class A
587,666
6,869,816
PrimeEnergy Resources Corp. *
1,690
162,510
ProFrac Holding Corp., Class A *
55,562
715,083
ProPetro Holding Corp. *
227,649
2,376,656
Ranger Energy Services, Inc. *
35,511
372,866
REX American Resources Corp. *
35,950
1,330,869
Riley Exploration Permian, Inc.
20,223
757,351
Ring Energy, Inc. *
274,187
663,533
RPC, Inc.
197,955
1,646,986
SandRidge Energy, Inc.
72,991
1,246,686
Scorpio Tankers, Inc.
121,926
5,735,399
SEACOR Marine Holdings, Inc. *
55,053
632,559
Seadrill Ltd. *
116,943
5,719,682
Select Water Solutions, Inc.
196,905
1,655,971
SFL Corp., Ltd.
265,157
2,614,448
SilverBow Resources, Inc. *
41,342
1,480,457
Sitio Royalties Corp., Class A (a)
186,916
5,110,279
SM Energy Co.
277,169
10,058,463
Solaris Oilfield Infrastructure, Inc.,
Class A
73,620
804,667
Talos Energy, Inc. *
257,412
4,118,592
Teekay Corp. *
152,469
1,015,444
Teekay Tankers Ltd., Class A
55,120
2,403,783
Tellurian, Inc. *(a)
1,231,293
2,117,824
TETRA Technologies, Inc. *
286,541
1,286,569
Tidewater, Inc. *
109,846
6,932,381
Uranium Energy Corp. *
846,922
3,048,919
US Silica Holdings, Inc. *
173,781
2,260,891
VAALCO Energy, Inc.
246,421
1,096,573
Valaris Ltd. *
141,699
10,882,483
Verde Clean Fuels, Inc. *(a)
9,811
53,372
Vertex Energy, Inc. *
154,366
813,509
Vital Energy, Inc. *
39,035
2,060,267
Vitesse Energy, Inc.
58,084
1,463,136
W&T Offshore, Inc. *
224,322
982,530
Weatherford International plc *
164,358
13,658,150
World Kinect Corp.
141,997
3,200,612
 
426,492,975
 
Equity Real Estate Investment Trusts (REITs) 5.3%
Acadia Realty Trust
215,001
3,377,666
Alexander & Baldwin, Inc.
166,908
3,204,634
Alexander's, Inc.
4,915
950,413
Alpine Income Property Trust, Inc.
29,791
506,149
American Assets Trust, Inc.
112,540
2,532,150
SECURITY
NUMBER
OF SHARES
VALUE ($)
Apartment Investment & Management
Co., Class A
341,336
2,843,329
Apple Hospitality REIT, Inc.
497,748
7,715,094
Armada Hoffler Properties, Inc.
155,524
1,931,608
Braemar Hotels & Resorts, Inc.
149,968
554,882
Brandywine Realty Trust
393,165
1,985,483
Broadstone Net Lease, Inc.
434,125
7,076,237
BRT Apartments Corp.
27,278
531,103
CareTrust REIT, Inc.
231,852
4,820,203
CBL & Associates Properties, Inc.
62,290
1,356,053
Centerspace
34,853
2,165,417
Chatham Lodging Trust
112,009
1,075,286
City Office REIT, Inc.
89,169
487,754
Clipper Realty, Inc.
29,039
185,850
Community Healthcare Trust, Inc.
58,898
2,075,565
Corporate Office Properties Trust
260,565
6,774,690
CTO Realty Growth, Inc.
50,263
879,602
DiamondRock Hospitality Co.
483,662
4,111,127
Diversified Healthcare Trust
546,484
1,142,152
Douglas Emmett, Inc.
393,301
5,781,525
Easterly Government Properties, Inc.,
Class A
213,014
3,144,087
Elme Communities
202,153
3,284,986
Empire State Realty Trust, Inc., Class A
304,546
2,725,687
Equity Commonwealth
242,689
4,754,277
Essential Properties Realty Trust, Inc.
343,493
8,432,753
Farmland Partners, Inc.
117,020
1,344,560
Four Corners Property Trust, Inc.
200,330
5,268,679
Getty Realty Corp.
103,119
3,332,806
Gladstone Commercial Corp.
93,359
1,241,675
Gladstone Land Corp.
77,485
1,297,099
Global Medical REIT, Inc.
141,289
1,398,761
Global Net Lease, Inc.
240,843
2,574,612
Hersha Hospitality Trust, Class A
71,580
448,091
Hudson Pacific Properties, Inc.
319,831
1,877,408
Independence Realty Trust, Inc.
520,853
8,875,335
Innovative Industrial Properties, Inc.
64,638
5,121,269
InvenTrust Properties Corp.
156,438
3,807,701
JBG SMITH Properties
258,885
4,331,146
Kite Realty Group Trust
502,596
11,499,396
LTC Properties, Inc.
94,344
3,166,185
LXP Industrial Trust
669,210
6,738,945
National Health Investors, Inc.
96,582
5,303,318
NETSTREIT Corp.
141,087
2,524,046
NexPoint Diversified Real Estate Trust
70,166
820,240
NexPoint Residential Trust, Inc.
52,000
2,161,120
Office Properties Income Trust
110,088
847,678
One Liberty Properties, Inc.
37,178
759,546
Orion Office REIT, Inc.
133,172
865,618
Outfront Media, Inc.
341,205
5,275,029
Paramount Group, Inc.
426,999
2,237,475
Peakstone Realty Trust (a)
64,093
1,624,117
Pebblebrook Hotel Trust
279,464
4,317,719
Phillips Edison & Co., Inc.
272,341
9,616,361
Physicians Realty Trust
549,412
8,098,333
Piedmont Office Realty Trust, Inc.,
Class A
284,911
2,119,738
Plymouth Industrial REIT, Inc.
98,948
2,253,046
Postal Realty Trust, Inc., Class A
43,759
659,448
PotlatchDeltic Corp.
182,644
9,795,198
Retail Opportunity Investments Corp.
285,118
4,199,788
RLJ Lodging Trust
365,781
3,767,544
RPT Realty
198,294
2,155,456
Ryman Hospitality Properties, Inc.
133,362
12,708,065
Sabra Health Care REIT, Inc.
534,749
6,946,389
Safehold, Inc.
69,241
1,712,330
Saul Centers, Inc.
27,115
1,045,283
Service Properties Trust
379,485
3,221,828
SITE Centers Corp.
440,372
6,187,227
  23

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SL Green Realty Corp.
152,400
5,747,004
Star Holdings *
29,626
461,869
Summit Hotel Properties, Inc.
242,354
1,560,760
Sunstone Hotel Investors, Inc.
482,073
4,912,324
Tanger Factory Outlet Centers, Inc.
236,310
5,532,017
Terreno Realty Corp.
188,755
11,200,722
The Macerich Co.
499,762
6,371,965
The Necessity Retail REIT, Inc.
310,151
2,202,072
UMH Properties, Inc.
126,986
2,114,317
Uniti Group, Inc.
548,832
3,062,482
Universal Health Realty Income Trust
29,783
1,421,543
Urban Edge Properties
265,994
4,524,558
Urstadt Biddle Properties, Inc., Class A
66,114
1,499,465
Veris Residential, Inc. *
182,120
3,402,002
Whitestone REIT
112,759
1,163,673
Xenia Hotels & Resorts, Inc.
256,732
3,260,496
 
308,388,639
 
Financial Services 5.7%
Acacia Research Corp. *
86,870
346,611
AFC Gamma, Inc.
37,476
517,918
Alerus Financial Corp.
41,623
823,303
AlTi Global, Inc. *(a)
48,082
376,001
A-Mark Precious Metals, Inc.
44,313
1,807,527
Angel Oak Mortgage, Inc. (a)
27,502
260,719
Apollo Commercial Real Estate Finance,
Inc.
328,837
3,880,277
Arbor Realty Trust, Inc. (a)
414,781
7,013,947
Ares Commercial Real Estate Corp.
120,459
1,284,093
ARMOUR Residential REIT, Inc.
451,897
2,309,194
Artisan Partners Asset Management,
Inc., Class A
141,918
5,888,178
Assetmark Financial Holdings, Inc. *
50,837
1,520,026
Atlanticus Holdings Corp. *
10,585
430,810
Avantax, Inc. *
90,702
2,347,368
AvidXchange Holdings, Inc. *
343,879
4,267,538
B. Riley Financial, Inc.
43,133
2,395,175
Bakkt Holdings, Inc. *
159,201
262,682
Banco Latinoamericano de Comercio
Exterior S.A., Class E
63,690
1,485,251
BGC Group, Inc., Class A
723,158
3,442,232
Blackstone Mortgage Trust, Inc., Class A
397,764
9,144,594
Bread Financial Holdings, Inc.
116,941
4,861,237
Brightsphere Investment Group, Inc.
75,285
1,602,065
BrightSpire Capital, Inc., Class A
297,159
2,187,090
Cannae Holdings, Inc. *
164,752
3,357,646
Cantaloupe, Inc. *
131,105
1,010,820
Cass Information Systems, Inc.
31,702
1,203,091
Chicago Atlantic Real Estate Finance,
Inc.
37,439
570,570
Chimera Investment Corp.
535,507
3,362,984
Claros Mortgage Trust, Inc.
209,085
2,575,927
Cohen & Steers, Inc.
60,228
3,873,263
Compass Diversified Holdings
145,470
3,277,439
Consumer Portfolio Services, Inc. *
21,189
271,431
Diamond Hill Investment Group, Inc.
6,737
1,222,833
Donnelley Financial Solutions, Inc. *
56,966
2,694,492
Dynex Capital, Inc.
123,555
1,612,393
Ellington Financial, Inc.
150,611
2,036,261
Enact Holdings, Inc.
69,726
1,896,547
Encore Capital Group, Inc. *
53,507
2,862,624
Enova International, Inc. *
70,022
3,857,512
Essent Group Ltd.
244,400
12,122,240
EVERTEC, Inc.
151,147
5,944,612
Federal Agricultural Mortgage Corp.,
Class C
21,018
3,378,643
Finance Of America Cos., Inc., Class A *
122,094
242,967
SECURITY
NUMBER
OF SHARES
VALUE ($)
FirstCash Holdings, Inc.
87,001
8,289,455
Flywire Corp. *
221,972
7,578,124
Focus Financial Partners, Inc., Class A *
135,636
7,097,832
Forge Global Holdings, Inc. *
251,172
730,911
Franklin BSP Realty Trust, Inc.
191,363
2,736,491
GCM Grosvenor, Inc., Class A
94,805
744,219
Granite Point Mortgage Trust, Inc.
116,783
669,167
Green Dot Corp., Class A *
107,112
2,094,040
Hamilton Lane, Inc., Class A
84,385
7,462,166
Hannon Armstrong Sustainable
Infrastructure Capital, Inc.
239,209
6,245,747
Home Point Capital, Inc. *
19,614
45,504
I3 Verticals, Inc., Class A *
52,251
1,306,798
International Money Express, Inc. *
71,273
1,726,945
Invesco Mortgage Capital, Inc.
95,950
1,152,360
Jackson Financial, Inc., Class A
188,119
6,211,689
KKR Real Estate Finance Trust, Inc.
136,040
1,695,058
Ladder Capital Corp. REIT, Class A
260,652
2,864,565
LendingClub Corp. *
245,111
2,056,481
LendingTree, Inc. *
24,029
586,308
MarketWise, Inc.
72,420
139,046
Marqeta, Inc., Class A *
1,133,417
6,324,467
Merchants Bancorp
36,295
1,147,285
MFA Financial, Inc.
235,475
2,651,448
Moelis & Co., Class A
154,260
7,532,516
Mr Cooper Group, Inc. *
153,938
8,923,786
Navient Corp.
214,370
4,081,605
Nelnet, Inc., Class A
33,489
3,304,695
NerdWallet, Inc., Class A *
78,286
877,586
New York Mortgage Trust, Inc.
209,807
2,129,541
NewtekOne, Inc.
53,295
948,651
Nexpoint Real Estate Finance, Inc.
18,441
315,526
NMI Holdings, Inc., Class A *
190,023
5,075,514
Ocwen Financial Corp. *
14,688
495,867
Open Lending Corp., Class A *
229,178
2,587,420
OppFi, Inc. *(a)
22,255
46,290
Orchid Island Capital, Inc.
90,017
937,977
P10, Inc., Class A
99,803
1,182,666
Pagseguro Digital Ltd., Class A *
459,793
5,223,248
Patria Investments Ltd., Class A
125,429
1,909,029
Payoneer Global, Inc. *
610,002
3,245,211
Paysafe Ltd. *
74,215
892,810
Paysign, Inc. *
74,618
143,267
PennyMac Financial Services, Inc.
59,092
4,445,491
PennyMac Mortgage Investment Trust
203,407
2,599,541
Perella Weinberg Partners, Class A
97,450
962,806
Piper Sandler Cos.
40,106
5,869,914
PJT Partners, Inc., Class A
56,324
4,467,056
PRA Group, Inc. *
89,055
2,124,852
Priority Technology Holdings, Inc. *
39,369
177,161
PROG Holdings, Inc. *
106,587
4,325,300
Radian Group, Inc.
363,248
9,782,269
Ready Capital Corp.
370,954
4,291,938
Redwood Trust, Inc.
263,148
1,981,504
Regional Management Corp.
18,120
588,719
Remitly Global, Inc. *
194,110
3,742,441
Repay Holdings Corp., Class A *
187,931
1,569,224
Sculptor Capital Management, Inc.,
Class A
57,166
625,968
Security National Financial Corp.,
Class A *
28,551
243,826
Silvercrest Asset Management Group,
Inc., Class A
21,814
454,604
StepStone Group, Inc., Class A
124,087
3,483,122
StoneCo Ltd., Class A *
672,141
9,739,323
StoneX Group, Inc. *
41,423
3,811,330
SWK Holdings Corp. *
8,796
141,967
TPG RE Finance Trust, Inc.
160,080
1,248,624
Two Harbors Investment Corp.
223,669
2,999,401
24  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Upstart Holdings, Inc. *(a)
166,466
11,434,550
Value Line, Inc.
2,028
108,640
Velocity Financial, Inc. *
19,685
243,700
Victory Capital Holdings, Inc., Class A
63,903
2,119,023
Virtus Investment Partners, Inc.
16,078
3,307,727
Walker & Dunlop, Inc.
73,540
6,690,669
Waterstone Financial, Inc.
42,186
588,495
WisdomTree, Inc.
318,018
2,213,405
World Acceptance Corp. *
8,542
1,348,696
 
334,968,728
 
Food, Beverage & Tobacco 1.6%
Alico, Inc.
16,272
421,445
B&G Foods, Inc.
163,755
2,171,391
Benson Hill, Inc. *
395,910
550,315
Beyond Meat, Inc. *(a)
136,791
2,352,805
Brookfield Realty Capital Corp.,
Class A *(a)
85,233
390,367
Calavo Growers, Inc.
40,071
1,511,879
Cal-Maine Foods, Inc.
88,486
4,087,168
Coca-Cola Consolidated, Inc.
11,033
6,988,413
Dole plc (a)
164,795
2,176,942
Forafric Global PLC *(a)
11,937
132,143
Fresh Del Monte Produce, Inc.
78,488
2,086,211
Hostess Brands, Inc., Class A *
306,693
7,372,900
Ispire Technology, Inc. *(a)
6,235
57,549
J&J Snack Foods Corp.
34,820
5,582,342
John B. Sanfilippo & Son, Inc.
20,632
2,247,031
Lancaster Colony Corp.
45,092
8,686,072
Limoneira Co.
40,022
621,141
MGP Ingredients, Inc.
36,746
4,189,411
Mission Produce, Inc. *
112,145
1,303,125
National Beverage Corp. *
54,549
2,882,915
Primo Water Corp.
362,104
5,131,014
Seneca Foods Corp., Class A *
12,299
474,311
Sovos Brands, Inc. *
91,771
1,633,524
SunOpta, Inc. *
209,952
1,391,982
The Duckhorn Portfolio, Inc. *
100,512
1,264,441
The Hain Celestial Group, Inc. *
205,809
2,607,600
The Simply Good Foods Co. *
209,657
8,115,822
The Vita Coco Co., Inc. *
65,935
1,742,003
TreeHouse Foods, Inc. *
119,047
6,144,016
Turning Point Brands, Inc.
39,858
950,613
Universal Corp.
55,474
2,805,320
Utz Brands, Inc.
165,742
2,776,179
Vector Group Ltd.
334,585
4,389,755
Vital Farms, Inc. *
69,816
816,847
Westrock Coffee Co. *
64,942
720,531
Zevia PBC, Class A *
56,995
158,446
 
96,933,969
 
Health Care Equipment & Services 6.6%
23andMe Holding Co., Class A *
603,722
1,159,146
Accolade, Inc. *
152,203
2,286,089
Accuray, Inc. *
213,230
908,360
AdaptHealth Corp., Class A *
170,007
2,335,896
Addus HomeCare Corp. *
36,005
3,296,978
Agiliti, Inc. *
67,769
1,163,594
AirSculpt Technologies, Inc. (a)
27,760
251,783
Alignment Healthcare, Inc. *
197,170
1,224,426
Alphatec Holdings, Inc. *
177,301
3,132,909
American Well Corp., Class A *
568,020
1,391,649
AMN Healthcare Services, Inc. *
93,646
10,034,169
AngioDynamics, Inc. *
86,268
749,669
Apollo Medical Holdings, Inc. *
98,582
3,611,059
Artivion, Inc. *
91,061
1,586,283
AtriCure, Inc. *
107,694
5,960,863
SECURITY
NUMBER
OF SHARES
VALUE ($)
Atrion Corp.
3,171
1,777,694
Avanos Medical, Inc. *
106,473
2,605,394
Aveanna Healthcare Holdings, Inc. *
116,553
201,637
AxoGen, Inc. *
92,954
803,123
Axonics, Inc. *
113,429
6,847,709
Beyond Air, Inc. *
58,597
211,535
Brookdale Senior Living, Inc. *
393,925
1,386,616
Butterfly Network, Inc. *(a)
320,332
823,253
Cano Health, Inc. *
546,148
802,838
CareMax, Inc. *
171,777
410,547
Castle Biosciences, Inc. *
56,790
956,911
Cerus Corp. *
411,967
1,264,739
ClearPoint Neuro, Inc. *
52,401
359,995
Community Health Systems, Inc. *
293,900
1,290,221
Computer Programs & Systems, Inc. *
32,648
856,031
CONMED Corp.
70,744
8,563,561
CorVel Corp. *
20,205
4,133,135
Cross Country Healthcare, Inc. *
79,321
2,046,482
Cutera, Inc. *
38,095
762,281
CVRx, Inc. *
25,423
455,834
Definitive Healthcare Corp., Class A *
105,615
1,249,425
DocGo, Inc. *
179,464
1,505,703
Embecta Corp.
132,952
2,837,196
Enhabit, Inc. *
116,462
1,599,023
Evolent Health, Inc., Class A *
254,339
7,729,362
Fulgent Genetics, Inc. *
47,234
1,834,096
Glaukos Corp. *
108,225
8,348,476
Guardant Health, Inc. *
256,516
10,009,254
Haemonetics Corp. *
115,720
10,674,013
Health Catalyst, Inc. *
128,979
1,809,575
HealthEquity, Inc. *
193,978
13,178,865
HealthStream, Inc.
56,460
1,269,221
Hims & Hers Health, Inc. *
281,360
2,523,799
Inari Medical, Inc. *
119,745
6,833,847
InfuSystem Holdings, Inc. *
41,516
428,445
Inmode Ltd. *
178,830
7,673,595
Innovage Holding Corp. *
43,240
311,328
Inogen, Inc. *
53,269
435,208
Integer Holdings Corp. *
76,741
7,097,008
Invitae Corp. *(a)
600,769
853,092
iRadimed Corp.
16,684
732,928
iRhythm Technologies, Inc. *
70,881
7,446,758
KORU Medical Systems, Inc. *
79,915
207,779
Lantheus Holdings, Inc. *
156,987
13,577,806
LeMaitre Vascular, Inc.
45,440
2,873,171
LifeStance Health Group, Inc. *
244,410
2,295,010
LivaNova plc *
125,347
7,326,532
Merit Medical Systems, Inc. *
131,204
9,797,003
ModivCare, Inc. *
29,476
1,289,280
Multiplan Corp. *
873,519
1,878,066
Nano-X Imaging Ltd. *(a)
105,899
1,313,148
National HealthCare Corp.
28,824
1,701,192
National Research Corp.
33,285
1,428,259
Neogen Corp. *
502,806
11,660,071
NeoGenomics, Inc. *
294,751
5,108,035
Nevro Corp. *
81,841
2,045,207
NextGen Healthcare, Inc. *
124,783
2,075,141
NuVasive, Inc. *
122,088
5,031,246
OmniAb, Inc., Class A *(b)
12,825
0
OmniAb, Inc., Class B *(b)
12,825
0
Omnicell, Inc. *
103,803
6,555,159
OPKO Health, Inc. *
932,021
1,733,559
OptimizeRx Corp. *
38,018
530,351
Option Care Health, Inc. *
392,572
13,261,082
OraSure Technologies, Inc. *
170,352
804,061
Orchestra BioMed Holdings, Inc. *(a)
9,572
56,188
Orthofix Medical, Inc. *
81,269
1,600,187
OrthoPediatrics Corp. *
36,647
1,530,012
Outset Medical, Inc. *
113,729
2,340,543
  25

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Owens & Minor, Inc. *
170,890
3,287,924
P3 Health Partners, Inc. *
91,086
202,211
Paragon 28, Inc. *
101,294
1,789,865
Patterson Cos., Inc.
203,470
6,692,128
Pediatrix Medical Group, Inc. *
193,626
2,658,485
PetIQ, Inc., Class A *
62,485
1,045,999
Phreesia, Inc. *
118,357
3,754,284
Privia Health Group, Inc. *
156,756
4,376,627
PROCEPT BioRobotics Corp. *
83,052
2,860,311
Progyny, Inc. *
181,446
7,577,185
Pulmonx Corp. *
83,854
1,173,956
Pulse Biosciences, Inc. *(a)
36,922
291,684
Quipt Home Medical Corp. *
92,231
489,747
RadNet, Inc. *
114,532
3,788,719
RxSight, Inc. *
62,562
2,087,694
Sanara Medtech, Inc. *(a)
8,678
363,261
Schrodinger, Inc. *
125,876
6,584,574
Select Medical Holdings Corp.
240,074
7,204,621
Semler Scientific, Inc. *
11,433
280,680
Sharecare, Inc. *
707,614
983,583
SI-BONE, Inc. *
80,052
2,062,139
Sight Sciences, Inc. *
49,399
434,711
Silk Road Medical, Inc. *
88,405
2,019,170
Simulations Plus, Inc.
36,601
1,822,730
STAAR Surgical Co. *
112,331
6,152,369
Surgery Partners, Inc. *
155,959
6,024,696
Surmodics, Inc. *
31,483
1,009,660
Tactile Systems Technology, Inc. *
53,873
1,234,230
Tela Bio, Inc. *
36,281
355,191
The Ensign Group, Inc.
125,855
12,191,574
The Joint Corp. *
32,546
439,371
The Pennant Group, Inc. *
66,212
760,114
TransMedics Group, Inc. *
72,976
6,799,904
Treace Medical Concepts, Inc. *
104,050
2,371,299
U.S. Physical Therapy, Inc.
29,845
3,470,078
UFP Technologies, Inc. *
16,320
3,176,933
Utah Medical Products, Inc.
7,845
771,399
Varex Imaging Corp. *
89,420
2,082,592
Veradigm, Inc. *
250,327
3,384,421
Vicarious Surgical, Inc. *
160,158
262,659
Viemed Healthcare, Inc. *
78,034
659,387
Zimvie, Inc. *
59,072
810,468
Zynex, Inc. *(a)
45,051
439,698
 
386,279,045
 
Household & Personal Products 1.1%
BellRing Brands, Inc. *
309,448
11,124,656
Central Garden & Pet Co. *
22,359
905,092
Central Garden & Pet Co., Class A *
90,724
3,467,471
Edgewell Personal Care Co.
118,588
4,673,553
elf Beauty, Inc. *
115,909
13,528,899
Energizer Holdings, Inc.
164,840
5,884,788
Herbalife Ltd. *
227,418
3,693,268
Inter Parfums, Inc.
42,453
6,349,271
Medifast, Inc.
24,729
2,519,638
Nature's Sunshine Products, Inc. *
30,137
420,411
Nu Skin Enterprises, Inc., Class A
114,637
3,369,181
Oil-Dri Corp. of America
11,224
704,531
The Beauty Health Co. *
189,099
1,567,631
Thorne HealthTech, Inc. *
32,530
194,204
USANA Health Sciences, Inc. *
26,254
1,704,147
Waldencast plc, Class A *(a)
45,804
254,212
WD-40 Co.
31,370
7,199,415
 
67,560,368
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Insurance 1.7%
Ambac Financial Group, Inc. *
103,249
1,459,941
American Equity Investment Life Holding
Co. *
179,478
9,632,584
AMERISAFE, Inc.
43,937
2,289,996
Argo Group International Holdings Ltd.
73,702
2,188,949
BRP Group, Inc., Class A *
136,063
3,389,329
CNO Financial Group, Inc.
262,978
6,763,794
Crawford & Co., Class A
33,123
318,312
Donegal Group, Inc., Class A
35,156
512,223
eHealth, Inc. *
55,862
422,317
Employers Holdings, Inc.
61,740
2,385,016
Enstar Group Ltd. *
27,570
7,054,612
F&G Annuities & Life, Inc.
44,008
1,153,010
Genworth Financial, Inc., Class A *
1,122,939
6,580,423
GoHealth, Inc., Class A *
8,961
165,958
Goosehead Insurance, Inc., Class A *
50,045
3,346,509
Greenlight Capital Re Ltd., Class A *
59,100
607,548
HCI Group, Inc.
14,918
937,000
Hippo Holdings, Inc. *
23,956
412,047
Horace Mann Educators Corp.
94,612
2,850,660
Investors Title Co.
2,791
436,931
James River Group Holdings Ltd.
85,539
1,581,616
Kingsway Financial Services, Inc. *
24,339
203,717
Lemonade, Inc. *(a)
116,897
2,717,855
Maiden Holdings Ltd. *
207,487
404,600
MBIA, Inc. *
113,966
996,063
Mercury General Corp.
61,837
1,989,915
National Western Life Group, Inc.,
Class A
5,247
2,212,502
NI Holdings, Inc. *
18,872
262,887
Oscar Health, Inc., Class A *
355,868
2,676,127
Palomar Holdings, Inc. *
56,138
3,399,717
ProAssurance Corp.
124,646
2,094,053
Safety Insurance Group, Inc.
33,086
2,382,192
Selective Insurance Group, Inc.
138,995
14,342,894
Selectquote, Inc. *
311,916
589,521
SiriusPoint Ltd. *
210,934
1,970,124
Skyward Specialty Insurance Group,
Inc. *
23,839
564,746
Stewart Information Services Corp.
61,623
2,904,292
Tiptree, Inc.
54,868
810,400
Trupanion, Inc. *
91,224
2,814,260
United Fire Group, Inc.
48,815
1,173,513
United Insurance Holdings Corp. *
44,838
237,641
Universal Insurance Holdings, Inc.
57,920
899,498
 
100,135,292
 
Materials 4.5%
5E Advanced Materials, Inc. *(a)
89,888
315,507
AdvanSix, Inc.
61,058
2,449,036
Alpha Metallurgical Resources, Inc.
30,011
5,198,505
American Vanguard Corp.
62,693
1,132,236
Amyris, Inc. *
502,306
445,445
Arconic Corp. *
228,519
6,830,433
Aspen Aerogels, Inc. *
116,824
974,312
ATI, Inc. *
297,717
14,195,147
Avient Corp.
208,754
8,460,800
Balchem Corp.
73,840
9,949,202
Cabot Corp.
127,864
9,078,344
Caledonia Mining Corp. plc
37,529
442,092
Carpenter Technology Corp.
111,346
6,665,172
Century Aluminum Co. *
120,342
1,119,181
Chase Corp.
17,473
2,199,676
Clearwater Paper Corp. *
38,848
1,252,071
Coeur Mining, Inc. *
736,702
2,269,042
Commercial Metals Co.
270,444
15,474,806
26  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Compass Minerals International, Inc.
78,843
2,985,784
Constellium SE, Class A *
292,892
5,591,308
Contango ORE, Inc. *
8,522
158,509
Core Molding Technologies, Inc. *
17,711
427,189
Dakota Gold Corp. *
126,705
372,513
Danimer Scientific, Inc. *(a)
200,587
563,649
Ecovyst, Inc. *
219,349
2,695,799
FutureFuel Corp.
59,766
580,926
Glatfelter Corp. *
102,934
349,976
Greif, Inc., Class A
57,133
4,226,128
Greif, Inc., Class B
11,778
931,286
H.B. Fuller Co.
124,904
9,246,643
Hawkins, Inc.
44,614
2,085,704
Haynes International, Inc.
28,949
1,452,082
Hecla Mining Co.
1,387,023
7,989,252
i-80 Gold Corp. *
441,666
900,999
Ingevity Corp. *
86,532
5,539,779
Innospec, Inc.
57,682
6,180,049
Intrepid Potash, Inc. *
24,298
668,195
Ivanhoe Electric, Inc. *
128,765
2,093,719
Kaiser Aluminum Corp.
36,719
2,981,583
Knife River Corp. *
117,834
5,122,244
Koppers Holdings, Inc.
46,627
1,783,949
Kronos Worldwide, Inc.
50,369
470,950
Livent Corp. *
416,673
10,258,489
LSB Industries, Inc. *
127,331
1,422,287
Materion Corp.
47,490
5,657,959
Mativ Holdings, Inc.
125,786
1,979,872
Minerals Technologies, Inc.
75,378
4,624,440
Myers Industries, Inc.
84,444
1,655,947
NioCorp Developments Ltd. *
4,462
21,284
Novagold Resources, Inc. *
556,630
2,510,401
O-I Glass, Inc. *
358,755
8,237,015
Olympic Steel, Inc.
22,892
1,277,145
Origin Materials, Inc. *
242,494
1,086,373
Orion S.A.
129,096
2,829,784
Pactiv Evergreen, Inc.
91,543
788,185
Perimeter Solutions S.A. *
361,123
2,007,844
Perpetua Resources Corp. *
86,353
326,414
Piedmont Lithium, Inc. *
41,302
2,265,828
PolyMet Mining Corp. *
78,797
163,898
PureCycle Technologies, Inc. *(a)
267,360
3,165,542
Quaker Chemical Corp.
32,105
6,433,200
Ramaco Resources, Inc., Class A
51,532
474,094
Ramaco Resources, Inc., Class B *
10,643
151,450
Ranpak Holdings Corp., Class A *
99,113
635,314
Rayonier Advanced Materials, Inc. *
146,630
693,560
Ryerson Holding Corp.
51,941
2,206,973
Schnitzer Steel Industries, Inc., Class A
59,696
2,161,592
Sensient Technologies Corp.
97,258
6,228,402
Stepan Co.
49,317
4,725,555
Summit Materials, Inc., Class A *
275,751
9,976,655
SunCoke Energy, Inc.
191,202
1,697,874
Sylvamo Corp.
83,727
4,108,484
TimkenSteel Corp. *
100,277
2,336,454
Tredegar Corp.
60,362
417,705
TriMas Corp.
95,530
2,460,853
Trinseo plc
81,320
1,432,858
Tronox Holdings plc
269,353
3,579,701
United States Lime & Minerals, Inc.
4,788
984,461
Valhi, Inc.
5,287
81,103
Warrior Met Coal, Inc.
119,771
5,299,867
Worthington Industries, Inc.
71,230
5,315,183
 
265,529,267
 
Media & Entertainment 1.9%
Advantage Solutions, Inc. *
200,887
520,297
AMC Networks, Inc., Class A *
70,639
891,464
SECURITY
NUMBER
OF SHARES
VALUE ($)
Atlanta Braves Holdings, Inc.,
Class A *(a)
22,961
1,086,974
Atlanta Braves Holdings, Inc., Class C *
101,016
4,113,372
Boston Omaha Corp., Class A *
53,638
1,047,014
Bumble, Inc., Class A *
234,382
4,340,755
Cardlytics, Inc. *
77,937
909,525
Cargurus, Inc. *
226,337
5,128,796
Cars.com, Inc. *
153,220
3,494,948
Cinemark Holdings, Inc. *
254,721
4,251,293
Clear Channel Outdoor Holdings, Inc. *
864,936
1,556,885
Daily Journal Corp. *
3,129
905,908
DHI Group, Inc. *
100,801
380,020
Emerald Holding, Inc. *
35,666
176,547
Entravision Communications Corp.,
Class A
137,531
657,398
Eventbrite, Inc., Class A *
178,677
2,056,572
EverQuote, Inc., Class A *
48,465
343,132
fuboTV, Inc. *
465,328
1,568,155
Gambling.com Group Ltd. *
24,360
298,410
Gannett Co., Inc. *
329,771
929,954
Gray Television, Inc.
192,481
1,822,795
Grindr, Inc. *
93,753
553,143
iHeartMedia, Inc., Class A *
234,740
1,110,320
IMAX Corp. *
103,660
1,908,381
Integral Ad Science Holding Corp. *
87,238
1,818,912
John Wiley & Sons, Inc., Class A
99,016
3,389,318
Liberty TripAdvisor Holdings, Inc.,
Class B *
1,181
50,192
Lions Gate Entertainment Corp.,
Class A *
133,308
1,023,805
Lions Gate Entertainment Corp.,
Class B *
267,321
1,956,790
Loop Media, Inc. *(a)
83,321
191,638
Madison Square Garden Entertainment
Corp., Class A *
99,486
3,466,092
Magnite, Inc. *
309,974
4,689,907
MediaAlpha, Inc., Class A *
49,804
505,013
Nextdoor Holdings, Inc. *
332,726
1,034,778
Outbrain, Inc. *
93,813
498,147
Playstudios, Inc. *
195,601
964,313
PubMatic, Inc., Class A *
99,751
1,994,022
QuinStreet, Inc. *
118,803
1,054,971
Quotient Technology, Inc. *
206,870
815,068
Reservoir Media, Inc. *(a)
45,337
247,540
Scholastic Corp.
65,867
2,844,796
Shutterstock, Inc.
56,790
2,921,845
Sinclair, Inc.
80,515
1,119,964
Sphere Entertainment Co. *
60,237
2,557,061
Stagwell, Inc., Class A *
249,693
1,675,440
System1, Inc. *
56,599
161,873
TechTarget, Inc. *
60,146
1,953,542
TEGNA, Inc.
517,475
8,745,327
The E.W. Scripps Co., Class A *
138,955
1,370,096
The Marcus Corp.
55,415
864,474
Thryv Holdings, Inc. *
71,527
1,695,190
Townsquare Media, Inc., Class A
26,692
319,770
TrueCar, Inc. *
201,568
493,842
Urban One, Inc. *
29,113
165,362
Urban One, Inc., Class A *
19,434
111,357
Vimeo, Inc. *
351,992
1,450,207
Vivid Seats, Inc., Class A *
58,251
485,231
WideOpenWest, Inc. *
117,534
968,480
Yelp, Inc., Class A *
155,736
7,015,907
Ziff Davis, Inc. *
108,733
7,885,317
ZipRecruiter, Inc., Class A *
160,542
2,973,238
 
111,530,883
 
  27

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Pharmaceuticals, Biotechnology & Life Sciences 9.4%
2seventy bio, Inc. *
116,417
883,605
4D Molecular Therapeutics, Inc. *
73,073
1,337,236
89bio, Inc. *
142,204
2,252,511
Aadi Bioscience, Inc. *
37,075
197,610
ACADIA Pharmaceuticals, Inc. *
279,835
8,182,375
Aclaris Therapeutics, Inc. *
160,330
1,582,457
Acrivon Therapeutics, Inc. *
19,871
247,195
Actinium Pharmaceuticals, Inc. *
59,466
423,398
Adaptive Biotechnologies Corp. *
261,983
2,211,137
Adicet Bio, Inc. *
69,460
185,458
ADMA Biologics, Inc. *
485,723
2,015,750
Aerovate Therapeutics, Inc. *
23,010
401,524
Agenus, Inc. *
793,430
1,206,014
Agios Pharmaceuticals, Inc. *
128,807
3,415,962
Akero Therapeutics, Inc. *
103,970
4,512,298
Akoya Biosciences, Inc. *
41,579
286,895
Aldeyra Therapeutics, Inc. *
106,476
864,053
Alector, Inc. *
147,329
1,010,677
Alkermes plc *
382,738
11,206,569
Allakos, Inc. *
151,975
817,625
Allogene Therapeutics, Inc. *
190,324
944,007
Allovir, Inc. *
95,806
315,202
Alpine Immune Sciences, Inc. *
72,570
910,028
Altimmune, Inc. *
112,999
374,027
ALX Oncology Holdings, Inc. *
49,458
302,188
Amicus Therapeutics, Inc. *
647,202
8,814,891
Amneal Pharmaceuticals, Inc. *
278,663
891,722
Amphastar Pharmaceuticals, Inc. *
87,921
5,335,925
Amylyx Pharmaceuticals, Inc. *
116,873
2,740,672
AnaptysBio, Inc. *
43,474
856,873
Anavex Life Sciences Corp. *(a)
162,494
1,340,575
ANI Pharmaceuticals, Inc. *
29,793
1,565,622
Anika Therapeutics, Inc. *
33,470
780,855
Annexon, Inc. *
104,336
359,959
Arbutus Biopharma Corp. *
285,392
619,301
Arcellx, Inc. *
87,312
2,990,436
Arcturus Therapeutics Holdings, Inc. *
53,974
1,886,931
Arcus Biosciences, Inc. *
121,437
2,416,596
Arcutis Biotherapeutics, Inc. *
120,580
1,315,528
Ardelyx, Inc. *
491,367
1,935,986
Arrowhead Pharmaceuticals, Inc. *
236,632
8,168,537
ARS Pharmaceuticals, Inc. *
55,441
407,491
Arvinas, Inc. *
113,000
2,793,360
Assertio Holdings, Inc. *
204,683
1,164,646
Astria Therapeutics, Inc. *
58,402
523,282
Atara Biotherapeutics, Inc. *
218,358
482,571
Atea Pharmaceuticals, Inc. *
175,215
600,987
Aura Biosciences, Inc. *
62,798
747,296
Aurinia Pharmaceuticals, Inc. *
311,554
3,607,795
Avid Bioservices, Inc. *
143,075
1,811,329
Avidity Biosciences, Inc. *
163,012
1,550,244
Avita Medical, Inc. *
58,842
1,191,550
Axsome Therapeutics, Inc. *
76,070
5,969,213
Beam Therapeutics, Inc. *
158,090
4,880,238
BioAtla, Inc. *
101,115
302,334
BioCryst Pharmaceuticals, Inc. *
436,089
3,222,698
Biohaven Ltd. *
134,052
2,664,954
BioLife Solutions, Inc. *
80,247
1,595,310
Biomea Fusion, Inc. *
45,939
1,022,143
Biote Corp., Class A *(a)
32,001
218,247
BioVie, Inc., Class A *(a)
7,586
35,806
Bioxcel Therapeutics, Inc. *(a)
43,852
400,807
Bluebird Bio, Inc. *
244,705
961,691
Blueprint Medicines Corp. *
140,369
9,264,354
Bridgebio Pharma, Inc. *
265,087
9,280,696
Bright Green Corp. *
137,897
102,044
Cabaletta Bio, Inc. *
58,471
796,375
SECURITY
NUMBER
OF SHARES
VALUE ($)
Cara Therapeutics, Inc. *
107,050
356,476
CareDx, Inc. *
121,816
1,329,013
Caribou Biosciences, Inc. *
133,533
960,102
Carisma Therapeutics, Inc.
60,952
338,284
Cassava Sciences, Inc. *(a)
91,607
2,013,522
Catalyst Pharmaceuticals, Inc. *
221,808
3,067,605
Celcuity, Inc. *(a)
39,398
389,252
Celldex Therapeutics, Inc. *
107,644
3,806,292
Century Therapeutics, Inc. *
53,526
163,254
Cerevel Therapeutics Holdings, Inc. *
143,293
4,383,333
Chinook Therapeutics, Inc. *
134,168
5,256,702
Citius Pharmaceuticals, Inc. *(a)
280,921
278,084
Codexis, Inc. *
152,407
548,665
Cogent Biosciences, Inc. *
158,961
2,064,903
Coherus Biosciences, Inc. *
178,865
862,129
Collegium Pharmaceutical, Inc. *
79,958
1,819,844
Compass Therapeutics, Inc. *
208,629
598,765
Corcept Therapeutics, Inc. *
185,906
4,736,885
CorMedix, Inc. *
101,999
450,836
Crinetics Pharmaceuticals, Inc. *
122,771
2,332,649
CryoPort, Inc. *
98,884
1,589,066
Cue Biopharma, Inc. *
79,008
301,811
Cullinan Oncology, Inc. *
54,426
576,371
Cymabay Therapeutics, Inc. *
226,254
2,952,615
Cytek Biosciences, Inc. *
279,065
2,500,422
Cytokinetics, Inc. *
215,043
7,171,684
Day One Biopharmaceuticals, Inc. *
113,842
1,507,268
Deciphera Pharmaceuticals, Inc. *
120,834
1,633,676
Denali Therapeutics, Inc. *
272,724
7,753,543
Design Therapeutics, Inc. *(a)
74,915
609,808
DICE Therapeutics, Inc. *
89,724
4,217,028
Disc Medicine, Inc. *(a)
17,682
877,027
Dynavax Technologies Corp. *
300,164
4,199,294
Dyne Therapeutics, Inc. *
99,656
1,213,810
Eagle Pharmaceuticals, Inc. *
23,660
491,182
Edgewise Therapeutics, Inc. *
97,808
713,020
Editas Medicine, Inc. *
161,129
1,414,713
Emergent BioSolutions, Inc. *
115,644
795,631
Enanta Pharmaceuticals, Inc. *
46,447
881,100
Enliven Therapeutics, Inc. *(a)
54,118
1,024,995
Entrada Therapeutics, Inc. *(a)
48,917
849,688
EQRx, Inc. *
737,879
1,261,773
Erasca, Inc. *
184,468
486,996
Evolus, Inc. *
94,661
948,503
Eyenovia Inc. *
63,574
135,413
EyePoint Pharmaceuticals, Inc. *
59,869
748,362
Fate Therapeutics, Inc. *
196,922
813,288
Fennec Pharmaceuticals, Inc. *
41,497
369,738
FibroGen, Inc. *
209,142
430,833
Foghorn Therapeutics, Inc. *
46,468
425,647
Genelux Corp. *(a)
6,326
133,289
Generation Bio Co. *
103,517
525,866
Geron Corp. *
1,154,539
3,740,706
Graphite Bio, Inc. *
64,045
162,034
Gritstone bio, Inc. *
200,640
395,261
Halozyme Therapeutics, Inc. *
308,037
13,233,270
Harmony Biosciences Holdings, Inc. *
75,914
2,685,078
Harrow Health, Inc. *
60,309
1,331,623
Harvard Bioscience, Inc. *
89,427
415,836
Heron Therapeutics, Inc. *
236,703
392,927
HilleVax, Inc. *
48,526
738,566
Humacyte, Inc. *
139,564
457,770
Icosavax, Inc. *
62,965
555,981
Ideaya Biosciences, Inc. *
124,935
2,793,547
IGM Biosciences, Inc. *(a)
27,273
290,185
Ikena Oncology, Inc. *
48,592
250,249
Immuneering Corp., Class A *
46,363
471,048
ImmunityBio, Inc. *(a)
252,030
554,466
ImmunoGen, Inc. *
559,829
9,976,153
28  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Immunovant, Inc. *
124,156
2,834,481
Inhibrx, Inc. *
79,128
1,586,516
Innoviva, Inc. *
143,099
1,938,991
Inozyme Pharma, Inc. *
77,378
394,628
Insmed, Inc. *
304,622
6,729,100
Intellia Therapeutics, Inc. *
203,556
8,616,525
Intercept Pharmaceuticals, Inc. *
56,096
605,837
Intra-Cellular Therapies, Inc. *
216,136
13,365,850
Iovance Biotherapeutics, Inc. *
482,305
3,501,534
Ironwood Pharmaceuticals, Inc.,
Class A *
318,762
3,535,071
iTeos Therapeutics, Inc. *
56,655
796,569
Janux Therapeutics, Inc. *
39,538
553,532
Jounce Therapeutics, Inc. *(b)
100,774
3,023
KalVista Pharmaceuticals, Inc. *
56,302
568,650
Karyopharm Therapeutics, Inc. *
258,909
466,036
Keros Therapeutics, Inc. *
51,845
2,171,269
Kezar Life Sciences, Inc. *
163,132
365,416
Kiniksa Pharmaceuticals Ltd., Class A *
72,762
1,370,836
Kodiak Sciences, Inc. *
74,143
221,688
Krystal Biotech, Inc. *
49,945
6,447,899
Kura Oncology, Inc. *
150,460
1,570,802
Kymera Therapeutics, Inc. *
87,559
1,915,791
Larimar Therapeutics, Inc. *
58,626
250,919
Lexicon Pharmaceuticals, Inc. *
211,809
425,736
Ligand Pharmaceuticals, Inc. *
38,371
2,568,171
Lineage Cell Therapeutics, Inc. *
295,032
451,399
Liquidia Corp. *
108,501
837,628
Longboard Pharmaceuticals, Inc. *
35,609
256,385
Lyell Immunopharma, Inc. *
401,603
1,160,633
MacroGenics, Inc. *
139,127
663,636
Madrigal Pharmaceuticals, Inc. *
31,449
6,456,480
MannKind Corp. *
591,245
2,701,990
Marinus Pharmaceuticals, Inc. *
115,496
1,228,877
MaxCyte, Inc. *
199,789
893,057
MeiraGTx Holdings plc *
74,544
469,627
Merrimack Pharmaceuticals, Inc. *
23,947
287,603
Mersana Therapeutics, Inc. *
229,404
281,020
Mesa Laboratories, Inc.
11,917
1,533,241
MiMedx Group, Inc. *
262,852
2,121,216
Mineralys Therapeutics, Inc. *
31,902
450,775
Mirum Pharmaceuticals, Inc. *
61,716
1,589,804
Monte Rosa Therapeutics, Inc. *
69,530
491,577
Morphic Holding, Inc. *
70,495
3,999,181
Myriad Genetics, Inc. *
187,082
4,181,283
NanoString Technologies, Inc. *
108,037
514,256
Nautilus Biotechnology, Inc. *
115,560
380,192
NGM Biopharmaceuticals, Inc. *
99,615
236,088
Nkarta, Inc. *
69,109
158,260
Novavax, Inc. *(a)
201,434
1,869,308
Nurix Therapeutics, Inc. *
108,714
1,055,613
Nuvalent, Inc., Class A *
55,195
2,751,471
Nuvation Bio, Inc. *
332,937
615,933
Nuvectis Pharma, Inc. *
15,665
220,093
Ocean Biomedical, Inc. *(a)
19,835
93,026
Ocular Therapeutix, Inc. *
178,401
809,941
Olema Pharmaceuticals, Inc. *
61,372
530,868
Omega Therapeutics, Inc. *
55,712
311,430
Omeros Corp. *(a)
139,171
605,394
OmniAb, Inc. *
213,161
1,172,385
Oncternal Therapeutics, Inc. CVR *(b)
592
1,214
Optinose, Inc. *
166,635
200,795
Organogenesis Holdings, Inc., Class A *
160,584
685,694
ORIC Pharmaceuticals, Inc. *
89,229
745,954
Outlook Therapeutics, Inc. *(a)
354,615
613,484
Ovid therapeutics, Inc. *
136,326
489,410
Pacific Biosciences of California, Inc. *
581,840
7,686,106
Pacira BioSciences, Inc. *
105,574
3,837,615
PDS Biotechnology Corp. *(a)
63,925
365,331
SECURITY
NUMBER
OF SHARES
VALUE ($)
PepGen, Inc. *(a)
22,976
137,626
Phathom Pharmaceuticals, Inc. *
56,266
855,806
Phibro Animal Health Corp., Class A
46,774
677,288
Pliant Therapeutics, Inc. *
130,008
2,319,343
PMV Pharmaceuticals, Inc. *
88,482
578,672
Point Biopharma Global, Inc. *
208,726
1,866,010
Poseida Therapeutics, Inc., Class A *
155,344
268,745
Precigen, Inc. *
308,868
429,327
Prelude Therapeutics, Inc. *
22,656
88,585
Prestige Consumer Healthcare, Inc. *
115,144
7,508,540
Prime Medicine, Inc. *(a)
91,504
1,378,965
ProKidney Corp. *(a)
142,645
1,828,709
Protagonist Therapeutics, Inc. *
124,715
2,419,471
Protalix BioTherapeutics, Inc. *(a)
128,418
205,469
Prothena Corp. plc *
95,773
6,595,886
PTC Therapeutics, Inc. *
163,663
6,602,165
Quanterix Corp. *
81,284
2,019,095
Quantum-Si, Inc. *
229,559
892,985
Rain Oncology, Inc. *
38,822
51,633
Rallybio Corp. *
69,890
417,942
RAPT Therapeutics, Inc. *
68,290
1,632,131
Reata Pharmaceuticals, Inc., Class A *
66,007
10,929,439
Recursion Pharmaceuticals, Inc.,
Class A *
314,170
4,436,080
REGENXBIO, Inc. *
93,729
1,780,851
Relay Therapeutics, Inc. *
207,746
2,617,600
Reneo Pharmaceuticals, Inc. *
22,127
177,680
Replimune Group, Inc. *
93,800
1,976,366
Revance Therapeutics, Inc. *
193,135
4,563,780
REVOLUTION Medicines, Inc. *
234,357
6,151,871
Rhythm Pharmaceuticals, Inc. *
118,367
2,111,667
Rigel Pharmaceuticals, Inc. *
391,223
539,888
Rocket Pharmaceuticals, Inc. *
129,090
2,330,074
Sage Therapeutics, Inc. *
122,215
4,238,416
Sana Biotechnology, Inc. *(a)
215,995
1,265,731
Sangamo Therapeutics, Inc. *
332,998
437,892
Savara, Inc. *
174,302
624,001
Scholar Rock Holding Corp. *
64,846
460,407
Scilex Holding Co. *(b)
147,603
764,832
scPharmaceuticals, Inc. *(a)
66,018
556,532
Seer, Inc., Class A *
134,013
678,106
Selecta Biosciences, Inc. *
265,512
289,408
Seres Therapeutics, Inc. *
225,395
1,084,150
SIGA Technologies, Inc.
105,344
604,675
SomaLogic, Inc. *
345,492
846,455
SpringWorks Therapeutics, Inc. *
135,066
4,238,371
Stoke Therapeutics, Inc. *
63,060
418,718
Summit Therapeutics, Inc. *(a)
264,912
556,315
Supernus Pharmaceuticals, Inc. *
113,105
3,471,192
Sutro Biopharma, Inc. *
137,495
614,603
Syndax Pharmaceuticals, Inc. *
151,595
3,232,005
Tango Therapeutics, Inc. *
102,044
344,909
Taro Pharmaceutical Industries Ltd. *
18,694
683,266
Tarsus Pharmaceuticals, Inc. *
54,775
1,205,598
Tenaya Therapeutics, Inc. *
104,636
506,438
Terns Pharmaceuticals, Inc. *
97,966
707,315
TG Therapeutics, Inc. *
316,919
6,557,054
Theravance Biopharma, Inc. *
142,506
1,409,384
Theseus Pharmaceuticals, Inc. *(a)
46,263
155,906
Third Harmonic Bio, Inc. *(a)
44,524
315,675
Tobira Therapeutics, Inc. CVR *(b)
14,029
167,575
Travere Therapeutics, Inc. *
167,628
2,881,525
Trevi Therapeutics, Inc. *
95,150
226,457
Twist Bioscience Corp. *
131,049
3,189,733
Tyra Biosciences, Inc. *
32,604
483,191
UroGen Pharma Ltd. *(a)
44,724
968,722
Vanda Pharmaceuticals, Inc. *
129,177
746,643
Vaxcyte, Inc. *
212,063
10,191,748
Vaxxinity, Inc., Class A *
97,417
262,052
  29

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ventyx Biosciences, Inc. *
108,466
4,018,665
Vera Therapeutics, Inc., Class A *
78,222
1,468,227
Veracyte, Inc. *
168,451
4,623,980
Vericel Corp. *
110,288
3,961,545
Verrica Pharmaceuticals, Inc. *
47,719
278,679
Verve Therapeutics, Inc. *
116,839
2,394,031
Vigil Neuroscience, Inc. *
36,733
299,007
Viking Therapeutics, Inc. *
222,978
3,233,181
Vir Biotechnology, Inc. *
193,859
2,729,535
Viridian Therapeutics, Inc. *
97,101
1,821,615
Vor BioPharma, Inc. *
86,126
260,101
Voyager Therapeutics, Inc. *
72,609
676,716
WaVe Life Sciences Ltd. *
135,163
590,662
X4 Pharmaceuticals, Inc. *
281,457
503,808
Xencor, Inc. *
133,465
3,241,865
Xeris Biopharma Holdings, Inc. *
304,173
793,892
XOMA Corp. *
16,717
263,293
Y-mAbs Therapeutics, Inc. *
84,107
512,212
Zentalis Pharmaceuticals, Inc. *
113,014
3,018,604
Zevra Therapeutics, Inc. *
79,293
386,950
Zura Bio Ltd., Class A *(a)
17,335
119,265
Zymeworks, Inc. *
122,028
910,329
 
554,149,420
 
Real Estate Management & Development 0.8%
American Realty Investors, Inc. *
3,281
62,011
Anywhere Real Estate, Inc. *
249,322
2,089,318
Compass, Inc., Class A *
688,235
2,883,705
Cushman & Wakefield plc *
382,236
3,757,380
DigitalBridge Group, Inc.
374,213
5,994,892
Douglas Elliman, Inc.
190,779
421,622
eXp World Holdings, Inc.
160,422
4,000,925
Forestar Group, Inc. *
41,912
1,235,566
FRP Holdings, Inc. *
15,087
865,541
Kennedy-Wilson Holdings, Inc.
276,989
4,570,318
Marcus & Millichap, Inc.
55,752
2,044,983
Maui Land & Pineapple Co., Inc. *
17,243
257,093
Newmark Group, Inc., Class A
310,566
2,149,117
Opendoor Technologies, Inc. *
1,261,906
6,448,340
RE/MAX Holdings, Inc., Class A
39,978
787,966
Redfin Corp. *
244,713
3,665,801
Stratus Properties, Inc.
12,884
365,648
Tejon Ranch Co. *
47,911
843,713
The RMR Group, Inc., Class A
35,223
830,558
The St. Joe Co.
79,786
5,064,815
Transcontinental Realty Investors, Inc. *
4,321
151,192
 
48,490,504
 
Semiconductors & Semiconductor Equipment 3.2%
ACM Research, Inc., Class A *
111,382
1,459,104
Aehr Test Systems *
59,547
3,105,972
Alpha & Omega Semiconductor Ltd. *
53,564
1,761,184
Ambarella, Inc. *
84,365
7,037,728
Amkor Technology, Inc.
236,701
6,885,632
Atomera, Inc. *(a)
48,104
415,138
Axcelis Technologies, Inc. *
75,235
15,083,113
CEVA, Inc. *
53,847
1,462,485
Cohu, Inc. *
108,127
4,719,744
Credo Technology Group Holding Ltd. *
224,536
3,810,376
Diodes, Inc. *
104,248
9,850,393
FormFactor, Inc. *
178,347
6,627,374
Ichor Holdings Ltd. *
65,685
2,543,323
Impinj, Inc. *
53,213
3,545,050
indie Semiconductor, Inc., Class A *
317,111
3,006,212
inTEST Corp. *
24,537
519,203
Kulicke & Soffa Industries, Inc.
128,162
7,674,341
SECURITY
NUMBER
OF SHARES
VALUE ($)
MACOM Technology Solutions Holdings,
Inc. *
125,505
8,775,310
Maxeon Solar Technologies Ltd. *
58,310
1,439,674
MaxLinear, Inc. *
172,459
4,254,564
Navitas Semiconductor Corp., Class A *
235,210
2,488,522
NVE Corp.
10,906
863,864
Onto Innovation, Inc. *
113,047
14,054,003
PDF Solutions, Inc. *
70,483
3,241,513
Photronics, Inc. *
140,472
3,715,484
Power Integrations, Inc.
131,129
12,737,871
Rambus, Inc. *
251,701
15,759,000
Semtech Corp. *
148,109
4,324,783
Silicon Laboratories, Inc. *
73,301
10,932,111
SiTime Corp. *
39,745
5,127,502
SkyWater Technology, Inc. *(a)
40,238
393,528
SMART Global Holdings, Inc. *
111,198
2,957,867
Synaptics, Inc. *
91,117
8,228,776
Transphorm, Inc. *
61,794
192,797
Ultra Clean Holdings, Inc. *
102,356
3,899,764
Veeco Instruments, Inc. *
116,978
3,294,100
 
186,187,405
 
Software & Services 6.0%
8x8, Inc. *
258,849
1,226,944
A10 Networks, Inc.
162,650
2,524,328
ACI Worldwide, Inc. *
250,804
5,816,145
Adeia, Inc.
246,277
2,960,249
Agilysys, Inc. *
46,136
3,396,994
Alarm.com Holdings, Inc. *
110,236
6,086,130
Alkami Technology, Inc. *
91,365
1,542,241
Altair Engineering, Inc., Class A *
123,999
9,292,485
American Software, Inc., Class A
73,003
841,725
Amplitude, Inc., Class A *
156,336
1,810,371
Appfolio, Inc., Class A *
44,350
8,009,166
Appian Corp., Class A *
94,975
4,893,112
Applied Digital Corp. *
157,957
1,513,228
Asana, Inc., Class A *
184,050
4,468,734
Aurora Innovation, Inc. *
702,019
2,302,622
AvePoint, Inc. *
353,263
2,190,231
BigBear.ai Holdings, Inc. *(a)
61,378
123,370
BigCommerce Holdings, Inc. *
154,976
1,675,291
Bit Digital, Inc. *(a)
165,280
732,190
Blackbaud, Inc. *
100,589
7,589,440
Blackline, Inc. *
130,210
7,562,597
Box, Inc., Class A *
325,401
10,168,781
Braze, Inc., Class A *
79,412
3,610,069
Brightcove, Inc. *
99,091
444,919
C3.ai, Inc., Class A *(a)
135,695
5,699,190
Cerence, Inc. *
92,797
2,580,685
Cipher Mining, Inc. *(a)
96,211
365,602
Cleanspark, Inc. *
175,484
1,054,659
Clear Secure, Inc., Class A
192,928
4,574,323
CommVault Systems, Inc. *
103,097
8,034,349
Consensus Cloud Solutions, Inc. *
45,920
1,488,267
CoreCard Corp. *
16,551
397,720
Couchbase, Inc. *
77,750
1,297,647
CS Disco, Inc. *
51,642
502,993
CXApp, Inc. *
4,459
29,831
Digimarc Corp. *(a)
33,018
977,333
Digital Turbine, Inc. *
218,553
2,369,114
DigitalOcean Holdings, Inc. *
146,494
7,254,383
Domo, Inc., Class B *
70,058
1,251,936
E2open Parent Holdings, Inc. *
459,204
2,364,901
Ebix, Inc.
61,100
1,891,656
eGain Corp. *
48,556
357,858
Enfusion, Inc., Class A *
58,389
633,521
EngageSmart, Inc. *
112,019
2,123,880
Envestnet, Inc. *
115,737
7,173,379
30  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Everbridge, Inc. *
93,658
2,888,413
EverCommerce, Inc. *
53,372
623,385
Expensify, Inc., Class A *
126,263
1,017,680
Fastly, Inc., Class A *
274,459
5,041,812
ForgeRock, Inc., Class A *
108,887
2,248,517
Freshworks, Inc., Class A *
374,426
6,986,789
Grid Dynamics Holdings, Inc. *
127,330
1,326,779
Information Services Group, Inc.
80,240
413,236
Instructure Holdings, Inc. *
45,599
1,238,925
Intapp, Inc. *
36,093
1,481,979
InterDigital, Inc.
62,628
5,804,989
Jamf Holding Corp. *
160,769
3,491,903
Kaltura, Inc. *
189,727
383,249
LivePerson, Inc. *
145,145
689,439
LiveRamp Holdings, Inc. *
147,769
4,217,327
LiveVox Holdings, Inc. *
53,042
154,352
Marathon Digital Holdings, Inc. *(a)
388,857
6,754,446
Matterport, Inc. *
579,140
1,963,285
MeridianLink, Inc. *
60,855
1,359,501
MicroStrategy, Inc., Class A *
25,510
11,170,319
Mitek Systems, Inc. *
97,581
996,302
Model N, Inc. *
85,890
2,861,855
N-Able, Inc. *
161,087
2,266,494
NextNav, Inc. *(a)
123,730
397,173
Olo, Inc., Class A *
238,965
1,878,265
ON24, Inc.
74,711
661,192
OneSpan, Inc. *
92,711
1,273,849
PagerDuty, Inc. *
197,424
5,117,230
Perficient, Inc. *
79,306
5,058,930
PowerSchool Holdings, Inc., Class A *
129,036
3,118,800
Progress Software Corp.
100,578
6,040,715
PROS Holdings, Inc. *
102,880
3,909,440
Q2 Holdings, Inc. *
131,852
4,676,790
Qualys, Inc. *
85,865
11,918,062
Rackspace Technology, Inc. *
180,145
417,936
Rapid7, Inc. *
138,717
6,368,497
Red Violet, Inc. *
25,466
527,401
Rimini Street, Inc. *
111,549
303,413
Riot Platforms, Inc. *
369,316
6,839,732
Sapiens International Corp. N.V.
70,891
1,909,803
SEMrush Holdings, Inc., Class A *
71,636
760,058
SolarWinds Corp. *
118,078
1,244,542
SoundHound AI, Inc., Class A *(a)
320,069
745,761
SoundThinking, Inc. *
20,470
465,078
Sprinklr, Inc., Class A *
200,154
2,810,162
Sprout Social, Inc., Class A *
110,450
6,311,113
SPS Commerce, Inc. *
84,717
15,282,100
Squarespace, Inc., Class A *
102,818
3,407,388
Tenable Holdings, Inc. *
263,544
12,824,051
Terawulf, Inc. *(a)
115,129
336,177
The Hackett Group, Inc.
58,447
1,358,893
Thoughtworks Holding, Inc. *
213,919
1,516,686
Tucows, Inc., Class A *
22,699
701,172
Unisys Corp. *
151,967
826,700
Varonis Systems, Inc., Class B *
251,223
7,210,100
Verint Systems, Inc. *
146,240
5,464,989
Veritone, Inc. *(a)
59,872
276,309
Viant Technology, Inc., Class A *
33,212
160,746
Weave Communications, Inc. *
75,071
900,852
Workiva, Inc., Class A *
112,879
11,885,030
Xperi, Inc. *
97,748
1,282,454
Yext, Inc. *
246,312
2,394,153
Zeta Global Holdings Corp., Class A *
308,892
2,847,984
Zuora, Inc., Class A *
284,682
3,339,320
 
353,354,611
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Technology Hardware & Equipment 4.3%
908 Devices, Inc. *
50,129
348,898
ADTRAN Holdings, Inc.
180,015
1,751,546
Advanced Energy Industries, Inc.
86,833
10,869,755
Aeva Technologies, Inc. *
181,556
226,945
Akoustis Technologies, Inc. *
157,892
377,362
Arlo Technologies, Inc. *
199,325
2,264,332
Aviat Networks, Inc. *
25,313
773,818
Avid Technology, Inc. *
78,470
1,870,725
Badger Meter, Inc.
67,908
11,180,373
Bel Fuse, Inc., Class B
24,215
1,299,135
Belden, Inc.
98,127
9,482,993
Benchmark Electronics, Inc.
81,548
2,161,837
Calix, Inc. *
136,265
6,146,914
Cambium Networks Corp. *
27,989
453,422
Clearfield, Inc. *
30,271
1,414,867
CommScope Holding Co., Inc. *
477,376
2,148,192
CompoSecure, Inc. *(a)
37,585
278,881
Comtech Telecommunications Corp.
62,916
639,227
Corsair Gaming, Inc. *
85,420
1,578,562
CPI Card Group, Inc. *
9,729
237,485
CTS Corp.
72,180
3,221,393
Daktronics, Inc. *
89,312
642,153
Digi International, Inc. *
80,857
3,390,334
DZS, Inc. *
49,884
188,063
Eastman Kodak Co. *
130,321
715,462
ePlus, Inc. *
61,159
3,446,310
Evolv Technologies Holdings, Inc. *
260,284
1,712,669
Extreme Networks, Inc. *
291,416
7,748,751
Fabrinet *
84,964
10,504,949
FARO Technologies, Inc. *
46,526
771,866
Harmonic, Inc. *
255,196
3,807,524
Immersion Corp.
71,559
505,207
Infinera Corp. *
459,665
2,068,493
Insight Enterprises, Inc. *
66,266
9,720,560
Intevac, Inc. *
58,321
208,789
IonQ, Inc. *
371,903
7,159,133
Iteris, Inc. *
97,633
406,153
Itron, Inc. *
105,225
8,278,051
Kimball Electronics, Inc. *
55,385
1,616,134
Knowles Corp. *
206,907
3,780,191
KVH Industries, Inc. *
42,847
366,770
Lightwave Logic, Inc. *(a)
264,588
1,778,031
Luna Innovations, Inc. *
73,436
663,861
Methode Electronics, Inc.
81,345
2,736,446
MicroVision, Inc. *(a)
408,351
1,633,404
Mirion Technologies, Inc., Class A *
464,478
3,506,809
Napco Security Technologies, Inc.
72,640
2,722,547
NETGEAR, Inc. *
65,313
890,869
NetScout Systems, Inc. *
157,842
4,411,684
nLight, Inc. *
101,882
1,467,101
Novanta, Inc. *
82,648
14,620,431
OSI Systems, Inc. *
36,716
4,377,649
PAR Technology Corp. *
61,407
2,124,068
PC Connection, Inc.
26,541
1,284,850
Plexus Corp. *
63,430
6,247,221
Presto Automation, Inc. *(a)
7,273
28,947
Ribbon Communications, Inc. *
200,736
638,340
Richardson Electronics Ltd./United
States
27,359
377,554
Rogers Corp. *
40,014
6,746,761
Sanmina Corp. *
133,098
8,180,203
ScanSource, Inc. *
58,132
1,749,192
SmartRent, Inc. *
426,135
1,696,017
Super Micro Computer, Inc. *
107,059
35,358,376
Tingo Group, Inc. *(a)
279,175
393,637
TTM Technologies, Inc. *
235,359
3,379,755
Turtle Beach Corp. *
36,132
406,485
  31

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Viavi Solutions, Inc. *
516,749
5,617,062
Vishay Intertechnology, Inc.
297,708
8,380,480
Vishay Precision Group, Inc. *
28,769
1,076,248
Vuzix Corp. *(a)
134,937
712,467
Wayside Technology Group, Inc.
9,506
459,900
Xerox Holdings Corp.
265,843
4,248,171
 
253,678,790
 
Telecommunication Services 0.6%
Anterix, Inc. *
42,535
1,193,958
AST SpaceMobile, Inc., Class A *(a)
138,517
594,238
ATN International, Inc.
25,600
930,304
Bandwidth, Inc., Class A *
53,582
811,767
Charge Enterprises, Inc. *
312,226
296,865
Cogent Communications Holdings, Inc.
100,074
6,128,532
Consolidated Communications Holdings,
Inc. *
169,626
607,261
EchoStar Corp., Class A *
77,868
1,512,975
Globalstar, Inc. *
1,595,034
1,722,637
Gogo, Inc. *
152,591
2,299,546
IDT Corp., Class B *
35,595
844,313
Liberty Latin America Ltd., Class A *
82,923
696,553
Liberty Latin America Ltd., Class C *
331,870
2,761,159
Lumen Technologies, Inc.
2,333,414
4,176,811
Ooma, Inc. *
54,517
817,755
Radius Global Infrastructure, Inc.,
Class A *
197,212
2,940,431
Shenandoah Telecommunications Co.
111,969
2,090,461
Spok Holdings, Inc.
40,635
595,709
Telephone & Data Systems, Inc.
228,506
1,832,618
 
32,853,893
 
Transportation 1.6%
Air Transport Services Group, Inc. *
129,756
2,615,881
Allegiant Travel Co. *
36,380
4,500,206
ArcBest Corp.
55,850
6,496,472
Blade Air Mobility, Inc. *
133,736
557,679
Costamare, Inc.
110,819
1,237,848
Covenant Logistics Group, Inc., Class A
19,462
1,065,739
Daseke, Inc. *
92,588
720,335
Eagle Bulk Shipping, Inc. (a)
31,533
1,456,509
Eneti, Inc.
56,401
715,165
Forward Air Corp.
60,462
7,185,304
Frontier Group Holdings, Inc. *
87,125
810,262
FTAI Infrastructure, Inc.
226,229
803,113
Genco Shipping & Trading Ltd.
97,407
1,412,401
Golden Ocean Group Ltd. *
283,630
2,223,659
Hawaiian Holdings, Inc. *
118,142
1,369,266
Heartland Express, Inc.
108,197
1,769,021
Himalaya Shipping Ltd. *
62,592
377,430
Hub Group, Inc., Class A *
75,925
6,843,120
JetBlue Airways Corp. *
764,278
5,938,440
Joby Aviation, Inc. *(a)
644,219
5,765,760
Marten Transport Ltd.
133,862
3,033,313
Matson, Inc.
82,360
7,697,366
P.A.M. Transportation Services, Inc. *
14,133
365,479
Pangaea Logistics Solutions Ltd.
83,274
580,420
Radiant Logistics, Inc. *
84,440
650,188
RXO, Inc. *
268,893
5,929,091
Safe Bulkers, Inc.
161,524
537,875
SkyWest, Inc. *
111,160
4,889,928
Spirit Airlines, Inc.
253,993
4,648,072
Sun Country Airlines Holdings, Inc. *
87,033
1,876,431
TuSimple Holdings, Inc., Class A *
377,582
883,542
SECURITY
NUMBER
OF SHARES
VALUE ($)
Universal Logistics Holdings, Inc.
15,506
482,082
Werner Enterprises, Inc.
145,789
6,854,999
 
92,292,396
 
Utilities 2.9%
ALLETE, Inc.
133,490
7,666,331
Altus Power, Inc., Class A *
146,074
994,764
American States Water Co.
85,613
7,569,045
Artesian Resources Corp., Class A
19,545
890,470
Avista Corp.
174,314
6,735,493
Black Hills Corp.
153,840
9,281,167
Brookfield Infrastructure Corp., Class A
227,626
10,634,687
Cadiz, Inc. *
92,704
383,795
California Water Service Group
129,614
6,872,134
Chesapeake Utilities Corp.
40,480
4,786,355
Consolidated Water Co., Ltd.
34,387
672,610
Genie Energy Ltd., Class B
45,191
606,011
Global Water Resources, Inc.
25,957
329,654
MGE Energy, Inc.
84,391
6,771,534
Middlesex Water Co.
40,351
3,245,027
Montauk Renewables, Inc. *
152,846
1,337,402
New Jersey Resources Corp.
224,381
10,029,831
Northwest Natural Holding Co.
82,676
3,552,588
NorthWestern Corp.
138,962
7,847,184
ONE Gas, Inc.
127,423
10,082,982
Ormat Technologies, Inc.
123,453
10,036,729
Otter Tail Corp.
95,386
7,727,220
PNM Resources, Inc.
197,913
8,870,461
Portland General Electric Co.
224,235
10,689,282
Pure Cycle Corp. *
44,714
550,876
RGC Resources, Inc.
18,313
368,458
SJW Group
71,741
5,054,871
Southwest Gas Holdings, Inc.
142,611
9,403,769
Spire, Inc.
119,019
7,566,038
Sunnova Energy International, Inc. *(a)
232,436
4,104,820
The York Water Co.
32,968
1,362,567
Unitil Corp.
36,798
1,914,968
 
167,939,123
Total Common Stocks
(Cost $4,352,990,568)
5,841,460,062
RIGHTS 0.0% OF NET ASSETS
 
Pharmaceuticals, Biotechnology & Life Sciences 0.0%
Aduro Biotech, Inc. CVR *(b)
27,867
68,858
 
Semiconductors & Semiconductor Equipment 0.0%
Transphorm, Inc. strike 3.30 *(b)
61,794
0
Total Rights
(Cost $0)
68,858
 
 
 
SHORT-TERM INVESTMENTS 1.8% OF NET ASSETS
 
Money Market Funds 1.8%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.19% (c)(d)
104,129,705
104,129,705
Total Short-Term Investments
(Cost $104,129,705)
104,129,705
Total Investments in Securities
(Cost $4,457,120,273)
5,945,658,625
32  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
Russell 2000 Index, e-mini,
expires 09/15/23
206
20,740,080
632,630
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$99,928,930.
(b)
Fair valued using significant unobservable inputs (see Notes for additional
information).
(c)
The rate shown is the annualized 7-day yield.
(d)
Security purchased with cash collateral received for securities on loan.
CVR —
Contingent Value Rights
REIT —
Real Estate Investment Trust

The following is a summary of the inputs used to value the fund’s investments as of July 31, 2023:
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$4,901,031,597
$
$
$4,901,031,597
Health Care Equipment & Services
386,279,045
0
*
386,279,045
Pharmaceuticals, Biotechnology & Life Sciences
553,212,776
936,644
554,149,420
Rights1
Pharmaceuticals, Biotechnology & Life Sciences
68,858
68,858
Semiconductors & Semiconductor Equipment
0
*
0
Short-Term Investments1
104,129,705
104,129,705
Futures Contracts2
632,630
632,630
Total
$5,945,285,753
$—
$1,005,502
$5,946,291,255
*
Level 3 amount shown includes securities determined to have no value at July 31, 2023.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
  33

Schwab Capital Trust
Schwab Total Stock Market Index Fund
Portfolio Holdings as of July 31, 2023 (Unaudited)
The following are the portfolio holdings as of the report date. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.5% OF NET ASSETS
 
Automobiles & Components 2.2%
Adient plc *
40,665
1,730,702
American Axle & Manufacturing
Holdings, Inc. *
48,530
458,609
Aptiv plc *
116,801
12,788,542
Autoliv, Inc.
33,157
3,346,536
BorgWarner, Inc.
100,724
4,683,666
Canoo, Inc. *
143,402
92,523
Cooper-Standard Holdings, Inc. *
8,444
155,539
Dana, Inc.
54,773
1,039,592
Dorman Products, Inc. *
12,163
1,030,085
Envirotech Vehicles, Inc. *
9,637
30,646
Faraday Future Intelligent Electric,
Inc. *
406,202
122,836
Fisker, Inc. *(a)
77,198
476,312
Ford Motor Co.
1,695,068
22,391,848
Fox Factory Holding Corp. *
17,990
2,013,081
Garrett Motion, Inc. *
22,121
172,101
General Motors Co.
598,998
22,983,553
Gentex Corp.
101,842
3,419,854
Gentherm, Inc. *
14,378
859,373
Harley-Davidson, Inc.
56,679
2,188,376
Holley, Inc. *
22,922
145,096
LCI Industries
10,934
1,489,976
Lear Corp.
25,374
3,926,880
Lucid Group, Inc. *(a)
349,369
2,658,698
Luminar Technologies, Inc.,
Class A *(a)
106,930
791,282
Mobileye Global, Inc., Class A *
32,755
1,250,586
Modine Manufacturing Co. *
22,575
847,917
Motorcar Parts of America, Inc. *
7,218
64,745
Patrick Industries, Inc.
9,154
792,279
Phinia, Inc. *
20,144
571,485
QuantumScape Corp., Class A *(a)
126,806
1,687,788
Rivian Automotive, Inc., Class A *
240,096
6,636,253
Solid Power, Inc. *(a)
46,229
132,215
Standard Motor Products, Inc.
7,798
297,650
Stoneridge, Inc. *
11,655
238,228
Strattec Security Corp. *
1,500
35,085
Superior Industries International,
Inc. *
10,350
37,881
Tesla, Inc. *
1,157,576
309,570,550
The Goodyear Tire & Rubber Co. *
120,540
1,938,283
Thor Industries, Inc.
23,131
2,671,399
Visteon Corp. *
12,716
1,959,408
Winnebago Industries, Inc.
13,059
898,459
Worksport Ltd. *
13,921
48,863
XPEL, Inc. *
8,570
696,141
 
419,370,921
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Banks 3.5%
1895 Bancorp of Wisconsin, Inc. *
1,526
11,827
1st Source Corp.
6,934
325,205
ACNB Corp.
3,576
124,087
Affinity Bancshares, Inc. *
1,146
16,216
Amalgamated Financial Corp.
7,518
150,059
Amerant Bancorp, Inc.
10,892
215,879
American National Bankshares, Inc.
4,310
177,917
Ameris Bancorp
27,705
1,209,323
AmeriServ Financial, Inc.
4,001
13,203
Ames National Corp.
4,056
78,119
Arrow Financial Corp.
6,759
135,991
Associated Banc-Corp.
64,229
1,217,140
Atlantic Union Bankshares Corp.
31,642
1,011,911
Auburn National BanCorp, Inc.
800
17,760
Axos Financial, Inc. *
22,536
1,059,192
Banc of California, Inc.
23,171
329,260
BancFirst Corp.
7,548
754,045
Bank First Corp.
3,759
332,145
Bank of America Corp.
2,979,835
95,354,720
Bank of Hawaii Corp.
16,982
970,182
Bank of Marin Bancorp
6,631
139,118
Bank of South Carolina Corp.
1,398
19,852
Bank of the James Financial Group,
Inc.
2,744
30,266
Bank OZK
46,860
2,049,188
Bank7 Corp.
2,054
54,349
BankFinancial Corp.
3,213
28,821
BankUnited, Inc.
32,097
957,774
Bankwell Financial Group, Inc.
2,376
64,984
Banner Corp.
14,660
697,963
Bar Harbor Bankshares
5,903
161,211
Baycom Corp.
4,901
98,804
Bayfirst Financial Corp.
784
11,368
BCB Bancorp, Inc.
7,033
90,374
Berkshire Hills Bancorp, Inc.
19,410
442,742
Blue Foundry Bancorp *
9,742
99,466
Blue Ridge Bankshares, Inc.
5,502
46,382
Bogota Financial Corp. *
1,050
8,747
BOK Financial Corp.
12,146
1,081,966
Bridgewater Bancshares, Inc. *
8,542
91,485
Broadway Financial Corp. *
20,059
20,460
Brookline Bancorp, Inc.
38,717
413,498
Business First Bancshares, Inc.
9,475
193,764
Byline Bancorp, Inc.
10,054
220,685
C&F Financial Corp.
1,200
67,476
Cadence Bank
79,900
2,001,495
California BanCorp *
2,455
45,393
Cambridge Bancorp
3,535
217,544
Camden National Corp.
5,912
204,437
Capital Bancorp, Inc.
3,170
63,875
Capital City Bank Group, Inc.
5,558
180,246
Capitol Federal Financial, Inc.
53,473
354,526
Capstar Financial Holdings, Inc.
7,364
109,576
Carter Bankshares, Inc. *
9,825
144,329
34  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Catalyst Bancorp, Inc. *
1,359
16,756
Cathay General Bancorp
31,365
1,193,125
CB Financial Services, Inc.
2,090
47,861
Central Pacific Financial Corp.
11,311
206,313
Central Valley Community Bancorp
3,998
68,366
CF Bankshares, Inc.
2,505
45,190
Chemung Financial Corp.
1,306
55,714
ChoiceOne Financial Services, Inc.
2,484
60,237
Citigroup, Inc.
836,301
39,858,106
Citizens & Northern Corp.
5,947
126,076
Citizens Community Bancorp Inc/WI
3,309
33,983
Citizens Financial Group, Inc.
208,144
6,714,725
Citizens Financial Services, Inc.
1,994
140,527
Citizens Holdings Co. (a)
2,977
35,010
City Holding Co.
6,363
629,364
Civista Bancshares, Inc.
5,755
104,971
CNB Financial Corp.
8,219
159,942
Coastal Financial Corp. *
5,270
238,046
Codorus Valley Bancorp, Inc.
4,360
95,876
Colony Bankcorp, Inc.
7,200
77,184
Columbia Banking System, Inc.
93,886
2,098,352
Columbia Financial, Inc. *
14,396
251,642
Comerica, Inc.
56,628
3,055,647
Commerce Bancshares, Inc.
48,534
2,581,038
Community Bank System, Inc.
23,037
1,240,082
Community Trust Bancorp, Inc.
6,370
244,481
Community West Bancshares
3,580
48,939
ConnectOne Bancorp, Inc.
14,768
302,301
CrossFirst Bankshares, Inc. *
17,616
205,579
Cullen/Frost Bankers, Inc.
27,895
3,028,839
Cullman Bancorp, Inc.
1,374
14,770
Customers Bancorp, Inc. *
12,356
518,705
CVB Financial Corp.
55,973
1,056,211
Dime Community Bancshares, Inc.
13,235
296,464
Eagle Bancorp Montana, Inc.
2,563
33,780
Eagle Bancorp, Inc.
13,609
376,969
East West Bancorp, Inc.
60,760
3,779,880
Eastern Bankshares, Inc.
67,979
959,863
ECB Bancorp, Inc. *
4,412
56,297
Enterprise Bancorp, Inc.
3,412
108,638
Enterprise Financial Services Corp.
15,939
653,499
Equity Bancshares, Inc., Class A
6,351
172,493
Esquire Financial Holdings, Inc.
3,256
162,621
ESSA Bancorp, Inc.
3,176
52,785
Evans Bancorp, Inc.
2,622
77,926
F.N.B. Corp.
156,334
1,999,512
Farmers & Merchants Bancorp, Inc.
6,004
128,005
Farmers National Banc Corp.
14,833
203,954
FB Financial Corp.
14,601
517,167
Fidelity D&D Bancorp, Inc. (a)
1,779
90,266
Fifth Third Bancorp
296,271
8,621,486
Financial Institutions, Inc.
6,134
117,650
Finward Bancorp
1,806
44,518
Finwise Bancorp *
4,562
45,164
First BanCorp
76,777
1,140,138
First Bancorp/Southern Pines NC
17,318
572,879
First Bank
9,056
113,200
First Busey Corp.
21,193
459,040
First Business Financial Services, Inc.
2,713
92,215
First Capital, Inc.
1,074
40,275
First Citizens BancShares, Inc.,
Class A
5,092
7,288,180
First Commonwealth Financial Corp.
43,700
631,028
First Community Bankshares, Inc.
8,451
284,207
First Community Corp.
3,520
69,520
First Financial Bancorp
42,225
974,975
First Financial Bankshares, Inc.
55,700
1,815,263
First Financial Corp.
4,167
159,221
First Financial Northwest, Inc.
2,960
35,816
SECURITY
NUMBER
OF SHARES
VALUE ($)
First Foundation, Inc.
23,207
169,643
First Guaranty Bancshares, Inc.
2,887
37,300
First Hawaiian, Inc.
53,985
1,116,950
First Horizon Corp.
227,757
3,104,328
First Internet Bancorp
3,435
77,425
First Interstate BancSystem, Inc.,
Class A
41,969
1,205,769
First Merchants Corp.
25,485
818,578
First Mid Bancshares, Inc.
7,599
232,605
First National Corp/VA
2,648
44,460
First Northwest Bancorp
3,416
46,458
First Savings Financial Group, Inc.
2,389
44,196
First Seacoast Bancorp, Inc. *
3,389
27,112
First U.S. Bancshares, Inc.
4,841
43,714
First United Corp.
2,849
48,889
First Western Financial, Inc. *
2,786
57,782
Five Star Bancorp
4,893
120,759
Flushing Financial Corp.
12,108
191,064
FNCB Bancorp, Inc.
8,643
55,229
Franklin Financial Services Corp.
1,992
58,903
FS Bancorp, Inc.
3,171
98,301
Fulton Financial Corp.
71,236
1,018,675
FVCBankcorp, Inc. *
8,954
115,148
German American Bancorp, Inc.
11,788
347,274
Glacier Bancorp, Inc.
47,813
1,563,485
Great Southern Bancorp, Inc.
4,013
222,039
Greene County Bancorp, Inc.
3,212
110,686
Guaranty Bancshares, Inc.
3,536
112,409
Hancock Whitney Corp.
37,529
1,651,651
Hanmi Financial Corp.
13,522
256,918
HarborOne Bancorp, Inc.
18,808
197,296
Hawthorn Bancshares, Inc.
2,065
36,241
HBT Financial, Inc.
5,821
115,489
Heartland Financial USA, Inc.
15,796
542,435
Heritage Commerce Corp.
26,186
251,386
Heritage Financial Corp.
14,372
269,619
Hilltop Holdings, Inc.
19,849
613,930
HMN Financial, Inc.
2,233
45,218
Home Bancorp, Inc.
3,387
120,645
Home BancShares, Inc.
80,550
1,958,170
HomeStreet, Inc.
8,389
77,179
HomeTrust Bancshares, Inc.
6,363
154,685
Hope Bancorp, Inc.
50,215
545,335
Horizon Bancorp, Inc.
16,744
207,458
Huntington Bancshares, Inc.
620,418
7,593,916
IF Bancorp, Inc.
584
9,070
Independent Bank Corp.
19,247
1,159,632
Independent Bank Corp., Michigan
9,444
195,113
Independent Bank Group, Inc.
15,071
676,236
International Bancshares Corp.
22,759
1,129,757
Investar Holding Corp.
3,333
49,495
John Marshall Bancorp, Inc.
4,443
84,417
JPMorgan Chase & Co.
1,255,389
198,301,246
Kearny Financial Corp.
30,246
259,813
KeyCorp
402,578
4,955,735
Lakeland Bancorp, Inc.
27,779
419,741
Lakeland Financial Corp.
10,817
599,694
Landmark Bancorp, Inc.
1,978
41,934
LCNB Corp.
4,732
82,952
Linkbancorp, Inc.
5,773
38,044
Live Oak Bancshares, Inc.
14,105
534,156
Luther Burbank Corp.
2,989
30,787
M&T Bank Corp.
71,351
9,979,151
Macatawa Bank Corp.
10,493
103,356
Magyar Bancorp, Inc.
1,051
11,845
MainStreet Bancshares, Inc.
3,000
71,610
Mercantile Bank Corp.
5,802
203,766
Meridian Corp.
3,846
45,767
Metrocity Bankshares, Inc.
7,678
164,616
  35

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Metropolitan Bank Holding Corp. *
4,799
217,347
Mid Penn Bancorp, Inc.
5,597
131,529
Middlefield Banc Corp.
3,452
101,006
Midland States Bancorp, Inc.
8,785
205,833
MidWestOne Financial Group, Inc.
5,792
142,078
MVB Financial Corp.
4,605
117,842
National Bank Holdings Corp.,
Class A
15,969
548,695
National Bankshares, Inc.
2,506
74,604
NBT Bancorp, Inc.
18,519
688,907
New York Community Bancorp, Inc.
310,829
4,311,205
Nicolet Bankshares, Inc.
5,917
494,957
Northeast Bank
3,001
142,968
Northeast Community Bancorp, Inc.
5,675
91,878
Northfield Bancorp, Inc.
18,804
229,033
Northrim BanCorp, Inc.
2,596
124,089
Northwest Bancshares, Inc.
54,295
671,086
Norwood Financial Corp. (a)
3,060
97,461
NSTS Bancorp, Inc. *
1,610
14,860
Oak Valley Bancorp
3,707
101,535
OceanFirst Financial Corp.
25,110
467,799
OFG Bancorp
20,123
673,919
Ohio Valley Banc Corp.
1,400
34,272
Old National Bancorp
124,636
2,122,551
Old Point Financial Corp.
1,643
34,832
Old Second Bancorp, Inc.
17,372
277,778
OP Bancorp
5,203
50,937
Orange County Bancorp, Inc.
1,662
74,856
Origin Bancorp, Inc.
12,052
392,895
Orrstown Financial Services, Inc.
4,595
107,523
Pacific Premier Bancorp, Inc.
40,415
1,032,199
PacWest Bancorp
49,961
464,637
Park National Corp.
6,164
687,409
Parke Bancorp, Inc.
4,518
89,637
Partners Bancorp
5,380
38,548
Pathfinder Bancorp, Inc.
593
9,168
Pathward Financial, Inc.
11,847
615,570
PB Bankshares, Inc. *
2,277
29,760
PCB Bancorp
4,081
66,602
Peapack-Gladstone Financial Corp.
6,657
194,584
Penns Woods Bancorp, Inc.
2,250
60,682
Peoples Bancorp of North Carolina,
Inc.
1,896
41,864
Peoples Bancorp, Inc.
13,377
376,830
Peoples Financial Services Corp.
2,693
124,390
Pinnacle Financial Partners, Inc.
32,719
2,483,372
Pioneer Bancorp, Inc. *
2,717
26,708
Plumas Bancorp
2,267
82,020
Ponce Financial Group, Inc. *
10,983
101,373
Popular, Inc.
32,118
2,330,161
Preferred Bank
5,696
376,392
Premier Financial Corp.
14,638
317,059
Primis Financial Corp.
10,278
97,744
Princeton Bancorp, Inc.
1,590
47,557
Prosperity Bancshares, Inc.
41,003
2,596,310
Provident Bancorp, Inc.
6,035
58,298
Provident Financial Holdings, Inc.
3,562
50,830
Provident Financial Services, Inc.
32,096
595,060
QCR Holdings, Inc.
7,130
365,270
RBB Bancorp
6,055
88,827
Red River Bancshares, Inc.
1,974
96,746
Regions Financial Corp.
402,783
8,204,690
Renasant Corp.
23,632
731,174
Republic Bancorp, Inc., Class A
3,781
173,283
Richmond Mutual BanCorp., Inc.
4,348
51,263
Riverview Bancorp, Inc.
6,215
35,053
S&T Bancorp, Inc.
16,257
513,396
Salisbury Bancorp, Inc.
2,188
60,454
Sandy Spring Bancorp, Inc.
19,518
477,605
SECURITY
NUMBER
OF SHARES
VALUE ($)
SB Financial Group, Inc.
3,301
45,389
Seacoast Banking Corp. of Florida
37,995
938,856
ServisFirst Bancshares, Inc.
20,812
1,242,060
Shore Bancshares, Inc.
11,833
140,813
Sierra Bancorp
5,854
123,285
Simmons First National Corp.,
Class A
54,646
1,103,303
SmartFinancial, Inc.
6,197
155,669
Sound Financial Bancorp, Inc.
596
22,052
South Plains Financial, Inc.
5,663
152,052
Southern First Bancshares, Inc. *
2,967
89,544
Southern Missouri Bancorp, Inc.
4,045
194,443
Southern States Bancshares, Inc.
2,910
73,186
Southside Bancshares, Inc.
12,464
413,929
SouthState Corp.
33,092
2,570,256
Stellar Bancorp, Inc.
19,486
484,422
Sterling Bancorp, Inc. *
9,738
57,844
Stock Yards Bancorp, Inc.
13,389
640,128
Summit Financial Group, Inc.
6,235
140,662
Summit State Bank
1,071
19,278
Synovus Financial Corp.
63,167
2,141,361
TC Bancshares, Inc.
3,005
43,032
Territorial Bancorp, Inc.
4,386
51,908
Texas Capital Bancshares, Inc. *
20,746
1,324,632
The Bancorp, Inc. *
23,768
900,807
The First BanCorp, Inc.
3,588
94,687
The First Bancshares, Inc.
11,989
375,376
The First of Long Island Corp.
9,603
133,866
The Hingham Institution For
Savings (a)
707
157,272
The PNC Financial Services Group,
Inc.
172,093
23,557,811
Third Coast Bancshares, Inc. *
6,287
130,015
Timberland Bancorp, Inc.
3,571
111,737
Tompkins Financial Corp.
5,291
318,307
Towne Bank
28,315
715,803
TriCo Bancshares
14,278
533,712
Triumph Financial, Inc. *
9,395
666,199
Truist Financial Corp.
574,686
19,091,069
TrustCo Bank Corp.
7,608
231,207
Trustmark Corp.
26,268
689,798
U.S. Bancorp
601,730
23,876,646
UMB Financial Corp.
18,535
1,315,985
Union Bankshares, Inc.
2,125
48,811
United Bancorp, Inc.
3,371
40,924
United Bankshares, Inc.
57,288
1,915,711
United Community Banks, Inc.
48,885
1,421,087
United Security Bancshares
6,461
48,070
Unity Bancorp, Inc.
2,383
63,197
Univest Financial Corp.
12,810
249,795
USCB Financial Holdings, Inc. *
5,422
59,425
Valley National Bancorp
180,352
1,850,412
Veritex Holdings, Inc.
23,608
507,808
Virginia National Bankshares Corp.
2,256
81,735
Washington Federal, Inc.
28,038
870,300
Washington Trust Bancorp, Inc.
7,375
236,442
Webster Financial Corp.
75,290
3,562,723
Wells Fargo & Co.
1,611,783
74,399,903
WesBanco, Inc.
25,094
702,883
West Bancorp, Inc.
6,294
126,258
Westamerica Bancorp
11,683
574,687
Western Alliance Bancorp
47,037
2,443,572
Western New England Bancorp, Inc.
10,349
69,235
William Penn Bancorp, Inc. (a)
4,788
52,524
Wintrust Financial Corp.
26,034
2,196,228
36  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
WSFS Financial Corp.
26,068
1,140,475
Zions Bancorp NA
63,860
2,442,645
 
672,229,933
 
Capital Goods 6.4%
374Water, Inc. *(a)
24,532
48,819
3D Systems Corp. *
57,208
498,282
3M Co.
238,121
26,550,491
A.O. Smith Corp.
53,448
3,881,928
AAON, Inc.
18,398
1,936,573
AAR Corp. *
14,100
843,180
Acuity Brands, Inc.
13,602
2,247,594
Advanced Drainage Systems, Inc.
27,001
3,293,852
Advent Technologies Holdings, Inc. *
18,150
15,972
AECOM
60,036
5,223,132
AeroVironment, Inc. *
10,943
1,042,430
AerSale Corp. *
7,373
110,669
AGCO Corp.
26,650
3,547,115
AgEagle Aerial Systems, Inc. *
81,955
18,940
Air Lease Corp., Class A
44,479
1,883,241
Alamo Group, Inc.
4,523
876,376
Albany International Corp., Class A
13,181
1,269,067
Allegion plc
37,718
4,407,725
Allied Motion Technologies, Inc.
6,061
235,773
Allison Transmission Holdings, Inc.
37,702
2,212,730
Alpha Pro Tech Ltd. *
5,970
23,462
Alta Equipment Group, Inc.
10,115
163,357
Ameresco, Inc., Class A *
14,647
852,602
American Superconductor Corp. *
15,966
160,937
American Woodmark Corp. *
7,275
557,556
AMETEK, Inc.
98,911
15,687,285
Amprius Technologies, Inc. *
6,864
51,549
API Group Corp. *
86,923
2,499,905
Apogee Enterprises, Inc.
9,815
486,137
Applied Industrial Technologies, Inc.
16,678
2,418,143
Archer Aviation, Inc., Class A *
64,194
432,026
Arcosa, Inc.
20,487
1,581,187
Argan, Inc.
5,730
217,969
Armstrong World Industries, Inc.
19,307
1,493,590
Array Technologies, Inc. *
60,932
1,160,755
Astec Industries, Inc.
9,833
485,750
Astra Space, Inc. *
111,051
45,531
Astronics Corp. *
12,013
252,033
Atkore, Inc. *
16,714
2,652,010
Axon Enterprise, Inc. *
30,052
5,587,568
AZZ, Inc.
11,203
496,629
Babcock & Wilcox Enterprises, Inc. *
30,009
164,449
Barnes Group, Inc.
21,513
845,461
Beacon Roofing Supply, Inc. *
21,195
1,815,776
Beam Global *(a)
3,328
38,205
Blink Charging Co. *(a)
21,494
137,562
Bloom Energy Corp., Class A *
79,212
1,414,726
Blue Bird Corp. *
7,221
151,208
BlueLinx Holdings, Inc. *
3,850
362,824
Boise Cascade Co.
16,895
1,748,464
Bowman Consulting Group Ltd.,
Class A *
3,474
120,374
Broadwind, Inc. *
7,298
27,732
Builders FirstSource, Inc. *
54,591
7,884,578
BWX Technologies, Inc.
40,184
2,772,696
Byrna Technologies, Inc. *
5,967
22,018
Cadre Holdings, Inc.
6,467
150,487
Capstone Green Energy Corp. *
19,983
16,826
Carlisle Cos., Inc.
21,892
6,068,462
Carrier Global Corp.
357,401
21,283,230
Caterpillar, Inc.
221,603
58,762,468
ChargePoint Holdings, Inc. *(a)
116,441
1,008,379
Chart Industries, Inc. *
18,137
3,303,836
SECURITY
NUMBER
OF SHARES
VALUE ($)
CIRCOR International, Inc. *
8,895
495,451
Columbus McKinnon Corp.
11,948
505,878
Comfort Systems USA, Inc.
15,228
2,649,215
Commercial Vehicle Group, Inc. *
13,417
140,878
Concrete Pumping Holdings, Inc. *
9,442
76,197
Construction Partners, Inc., Class A *
17,169
504,769
Core & Main, Inc., Class A *
37,818
1,195,427
CPI Aerostructures, Inc. *
9,173
37,609
Crane Co.
20,726
1,941,819
Crane NXT Co.
20,920
1,237,418
CSW Industrials, Inc.
6,682
1,206,435
Cummins, Inc.
61,026
15,915,581
Curtiss-Wright Corp.
16,404
3,139,069
Custom Truck One Source, Inc. *
24,214
167,561
Deere & Co.
115,738
49,721,045
Desktop Metal, Inc., Class A *(a)
101,606
184,923
Distribution Solutions Group, Inc. *
2,460
136,382
Donaldson Co., Inc.
51,977
3,265,715
Douglas Dynamics, Inc.
10,577
328,416
Dover Corp.
60,041
8,764,185
Dragonfly Energy Holdings Corp. *(a)
3,845
10,535
Ducommun, Inc. *
4,493
225,279
DXP Enterprises, Inc. *
6,811
258,682
Dycom Industries, Inc. *
12,629
1,257,596
Eaton Corp. plc
171,181
35,146,883
EMCOR Group, Inc.
20,272
4,359,291
Emerson Electric Co.
245,968
22,469,177
Encore Wire Corp.
7,625
1,301,511
Energous Corp. *
53,756
13,272
Energy Recovery, Inc. *
23,814
725,851
Energy Vault Holdings, Inc. *(a)
35,879
120,195
Enerpac Tool Group Corp., Class A
24,176
664,356
EnerSys
17,485
1,893,975
Enovix Corp. *(a)
48,622
1,046,345
EnPro Industries, Inc.
8,888
1,233,477
Eos Energy Enterprises, Inc. *(a)
51,020
125,509
Esab Corp.
22,029
1,513,392
ESCO Technologies, Inc.
10,984
1,104,441
ESS Tech, Inc. *
28,078
54,191
EVI Industries, Inc. *
2,765
70,342
Fastenal Co.
244,185
14,311,683
Federal Signal Corp.
25,806
1,576,489
Ferguson plc
88,266
14,265,551
Flowserve Corp.
56,151
2,120,262
Fluence Energy, Inc. *
15,762
460,881
Fluor Corp. *
63,762
1,975,347
Flux Power Holdings, Inc. *
3,973
22,368
Fortive Corp.
151,727
11,887,810
Fortune Brands Innovations, Inc.
54,311
3,859,883
Franklin Electric Co., Inc.
16,643
1,644,661
FreightCar America, Inc. *
5,033
14,898
FTAI Aviation Ltd.
42,202
1,359,326
FTC Solar, Inc. *
19,667
74,735
FuelCell Energy, Inc. *(a)
175,423
384,176
Gates Industrial Corp. plc *
54,529
742,685
GATX Corp.
15,221
1,908,105
Gencor Industries, Inc. *
3,418
52,125
Generac Holdings, Inc. *
26,665
4,098,410
General Dynamics Corp.
96,695
21,619,068
General Electric Co.
467,962
53,459,979
Gibraltar Industries, Inc. *
13,337
862,504
Global Industrial Co.
6,777
193,144
GMS, Inc. *
17,591
1,296,281
Graco, Inc.
72,284
5,734,290
GrafTech International Ltd.
82,134
433,668
Graham Corp. *
4,043
56,602
Granite Construction, Inc.
18,734
766,783
Great Lakes Dredge & Dock Corp. *
30,154
253,294
Griffon Corp.
20,413
851,630
  37

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
H&E Equipment Services, Inc.
14,463
702,613
Hayward Holdings, Inc. *
58,483
781,333
HEICO Corp.
17,121
3,012,954
HEICO Corp., Class A
29,964
4,205,447
Helios Technologies, Inc.
13,876
876,963
Herc Holdings, Inc.
10,263
1,373,497
Hexcel Corp.
36,184
2,557,485
Hillenbrand, Inc.
29,737
1,544,540
Hillman Solutions Corp. *
72,211
710,556
Honeywell International, Inc.
286,372
55,593,396
Howmet Aerospace, Inc.
157,617
8,060,533
Hubbell, Inc., Class B
23,019
7,181,928
Hudson Technologies, Inc. *
17,443
158,557
Huntington Ingalls Industries, Inc.
17,184
3,946,649
Hurco Cos., Inc.
3,214
74,854
Hydrofarm Holdings Group, Inc. *
27,153
31,769
Hyster-Yale Materials Handling, Inc.
4,451
212,580
Hyzon Motors, Inc. *(a)
59,135
120,635
Ideal Power, Inc. *
3,471
42,311
IDEX Corp.
32,358
7,306,760
IES Holdings, Inc. *
3,807
218,217
Illinois Tool Works, Inc.
118,469
31,195,257
Ingersoll Rand, Inc.
173,931
11,352,476
INNOVATE Corp. *
23,119
38,146
Innovative Solutions and Support,
Inc. *
6,865
54,165
Insteel Industries, Inc.
8,973
289,379
Intuitive Machines, Inc. *(a)
4,780
40,391
iSun, Inc. *
7,289
3,317
ITT, Inc.
35,365
3,522,354
Janus International Group, Inc. *
33,335
380,686
JELD-WEN Holding, Inc. *
35,262
628,016
John Bean Technologies Corp.
13,560
1,676,152
Johnson Controls International plc
295,078
20,522,675
Kadant, Inc.
5,113
1,139,432
Kaman Corp.
12,339
282,440
Karat Packaging, Inc.
3,014
61,275
Kennametal, Inc.
34,295
1,045,312
Kratos Defense & Security Solutions,
Inc. *
54,273
818,980
KULR Technology Group, Inc. *
32,998
30,688
L.B. Foster Co., Class A *
5,290
74,166
L3Harris Technologies, Inc.
81,362
15,417,285
Lennox International, Inc.
13,872
5,097,128
Leonardo DRS, Inc. *
21,532
359,369
Limbach Holdings, Inc. *
4,683
123,725
Lincoln Electric Holdings, Inc.
24,730
4,963,558
Lindsay Corp.
4,679
620,108
Lockheed Martin Corp.
96,546
43,095,238
LSI Industries, Inc.
12,912
162,691
Luxfer Holdings plc
12,212
154,604
Manitex International, Inc. *
9,465
47,514
Markforged Holding Corp. *
47,003
98,236
Masco Corp.
96,517
5,856,652
Masonite International Corp. *
9,341
976,602
MasTec, Inc. *
25,998
3,061,264
Masterbrand, Inc. *
54,311
670,741
Matrix Service Co. *
10,847
68,662
Mayville Engineering Co., Inc. *
3,327
40,223
McGrath RentCorp
10,367
999,171
MDU Resources Group, Inc.
87,691
1,939,725
Mega Matrix Corp. *
24,173
32,634
Mercury Systems, Inc. *
25,477
967,616
Microvast Holdings, Inc. *
86,292
247,658
Miller Industries, Inc.
5,104
193,646
Molekule Group, Inc. *
13,717
29,080
Momentus, Inc., Class A *
54,908
23,852
Moog, Inc., Class A
12,101
1,275,929
MRC Global, Inc. *
35,400
399,666
SECURITY
NUMBER
OF SHARES
VALUE ($)
MSC Industrial Direct Co., Inc.,
Class A
20,140
2,032,529
Mueller Industries, Inc.
24,942
2,021,799
Mueller Water Products, Inc., Class A
66,450
1,069,180
MYR Group, Inc. *
7,153
1,019,732
National Presto Industries, Inc.
2,215
173,457
Nauticus Robotics, Inc. *
9,395
18,790
NeoVolta, Inc. *(a)
12,964
41,485
NEXTracker, Inc., Class A *
19,640
831,754
NN, Inc. *
28,401
84,919
Nordson Corp.
23,089
5,809,423
Northrop Grumman Corp.
61,194
27,231,330
Northwest Pipe Co. *
4,286
139,638
NOW, Inc. *
46,130
525,421
Nuburu, Inc. *(a)
7,374
4,629
NuScale Power Corp. *(a)
18,303
138,737
nVent Electric plc
70,902
3,749,298
Ocean Power Technologies, Inc. *
48,625
28,981
Omega Flex, Inc.
1,422
127,297
Orion Energy Systems, Inc. *
16,987
27,689
Orion Group Holdings, Inc. *
16,674
62,528
Oshkosh Corp.
29,098
2,679,053
Otis Worldwide Corp.
177,657
16,159,681
Owens Corning
38,859
5,439,871
PACCAR, Inc.
224,787
19,360,904
Park Aerospace Corp.
8,310
120,744
Parker-Hannifin Corp.
55,354
22,695,694
Park-Ohio Holdings Corp.
3,931
75,750
Parsons Corp. *
14,588
720,939
Pentair plc
70,683
4,912,468
Perma-Pipe International Holdings,
Inc. *
3,363
27,408
PGT Innovations, Inc. *
25,562
731,329
Plug Power, Inc. *(a)
232,674
3,052,683
Powell Industries, Inc.
4,127
250,839
Preformed Line Products Co.
1,284
222,787
Primoris Services Corp.
23,266
738,928
Proto Labs, Inc. *
11,556
383,081
Quanex Building Products Corp.
14,804
416,585
Quanta Services, Inc.
62,147
12,530,078
RBC Bearings, Inc. *
12,479
2,820,878
Redwire Corp. *
10,290
37,456
Regal Rexnord Corp.
28,905
4,514,383
Resideo Technologies, Inc. *
63,274
1,184,489
REV Group, Inc.
13,601
175,861
Rocket Lab USA, Inc. *
98,069
722,769
Rockwell Automation, Inc.
49,550
16,663,169
RTX Corp.
628,065
55,225,755
Rush Enterprises, Inc., Class A
18,297
1,183,450
Rush Enterprises, Inc., Class B
2,830
194,449
Sarcos Technology & Robotics
Corp. *
16,115
29,007
Sensata Technologies Holding plc
65,693
2,775,529
SES AI Corp. *(a)
59,899
188,083
Shoals Technologies Group, Inc.,
Class A *
72,821
1,890,433
Simpson Manufacturing Co., Inc.
18,178
2,872,124
SiteOne Landscape Supply, Inc. *
19,687
3,346,790
SKYX Platforms Corp. *
16,813
35,644
Snap-on, Inc.
22,715
6,188,475
Southland Holdings, Inc. *(a)
4,155
33,115
Spirit AeroSystems Holdings, Inc.,
Class A *
44,832
1,426,554
SPX Technologies, Inc. *
19,627
1,660,640
Standex International Corp.
5,059
751,616
Stanley Black & Decker, Inc.
65,931
6,544,970
Stem, Inc. *(a)
64,349
454,947
Sterling Infrastructure, Inc. *
13,007
780,290
38  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SunPower Corp. *
35,778
353,129
Sunrun, Inc. *
92,678
1,759,028
Sunworks, Inc. *
17,256
29,853
Symbotic, Inc. *(a)
6,367
404,559
Taylor Devices, Inc. *
2,017
48,005
TechPrecision Corp. *
4,478
32,466
Tecnoglass, Inc.
8,161
384,220
Tennant Co.
8,134
652,672
Terex Corp.
29,185
1,711,117
Terran Orbital Corp. *
23,493
35,240
Textron, Inc.
86,385
6,718,161
The AZEK Co., Inc., Class A *
51,601
1,609,951
The Boeing Co. *
242,820
57,997,557
The Eastern Co.
1,809
33,340
The Gorman-Rupp Co.
9,748
309,012
The Greenbrier Cos., Inc.
13,260
612,479
The LS Starrett Co., Class A *
2,865
33,549
The Manitowoc Co., Inc. *
15,925
288,561
The Middleby Corp. *
22,968
3,487,691
The Shyft Group, Inc.
13,268
191,457
The Timken Co.
28,359
2,633,417
The Toro Co.
44,699
4,543,653
Thermon Group Holdings, Inc. *
14,491
400,097
Titan International, Inc. *
20,997
262,253
Titan Machinery, Inc. *
8,199
261,712
TPI Composites, Inc. *
19,088
113,383
Trane Technologies plc
98,055
19,556,089
Transcat, Inc. *
2,965
248,704
TransDigm Group, Inc.
22,486
20,231,104
Trex Co., Inc. *
46,736
3,231,327
Trinity Industries, Inc.
34,521
905,141
Triton International Ltd.
23,519
1,982,887
Triumph Group, Inc. *
27,104
342,866
Tutor Perini Corp. *
18,907
159,764
Twin Disc, Inc. *
5,599
72,787
UFP Industries, Inc.
26,688
2,742,459
Ultralife Corp. *(a)
6,691
54,799
United Rentals, Inc.
29,629
13,768,004
Univar Solutions, Inc. *
67,658
2,445,160
Urban-Gro, Inc. *
4,382
5,894
V2X, Inc. *
4,770
245,464
Valmont Industries, Inc.
9,070
2,401,282
Velo3D, Inc. *(a)
23,266
53,279
Veritiv Corp.
5,972
836,856
Vertiv Holdings Co., Class A
130,414
3,392,068
Vicor Corp. *
9,399
867,246
Virgin Galactic Holdings, Inc. *(a)
103,241
441,871
VirTra, Inc. *
3,586
25,496
W.W. Grainger, Inc.
19,210
14,186,393
Wabash National Corp.
19,725
467,088
Watsco, Inc.
14,447
5,463,711
Watts Water Technologies, Inc.,
Class A
11,711
2,184,453
WESCO International, Inc.
19,326
3,393,066
Westinghouse Air Brake
Technologies Corp.
77,285
9,153,635
Westwater Resources, Inc. *
34,475
31,717
Willis Lease Finance Corp. *
1,159
49,014
WillScot Mobile Mini Holdings
Corp. *
86,705
4,157,505
Woodward, Inc.
25,757
3,100,628
Xometry, Inc., Class A *
12,314
255,639
Xylem, Inc.
102,810
11,591,827
Zurn Elkay Water Solutions Corp.
61,936
1,885,332
 
1,238,031,434
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Commercial & Professional Services 1.6%
ABM Industries, Inc.
28,429
1,315,694
ACCO Brands Corp.
38,516
234,562
Acme United Corp.
1,454
44,231
ACV Auctions, Inc., Class A *
55,168
964,888
Alight, Inc., Class A *
145,007
1,418,168
Aqua Metals, Inc. *
23,651
32,165
ARC Document Solutions, Inc.
19,042
66,266
Aris Water Solution, Inc., Class A
14,973
163,655
ASGN, Inc. *
21,209
1,618,671
Asure Software, Inc. *
7,413
101,113
Automatic Data Processing, Inc.
177,489
43,885,930
Barrett Business Services, Inc.
3,084
279,811
BGSF, Inc.
6,465
65,426
BlackSky Technology, Inc. *
43,595
86,754
Booz Allen Hamilton Holding Corp.,
Class A
56,821
6,879,887
Brady Corp., Class A
19,596
1,010,762
BrightView Holdings, Inc. *
19,228
148,248
Broadridge Financial Solutions, Inc.
50,999
8,563,752
CACI International, Inc., Class A *
9,813
3,438,868
Casella Waste Systems, Inc.,
Class A *
24,142
1,948,018
CBIZ, Inc. *
21,058
1,113,758
CECO Environmental Corp. *
12,430
149,657
Ceridian HCM Holding, Inc. *
66,348
4,698,102
Cimpress plc *
8,208
570,456
Cintas Corp.
36,941
18,545,860
Clarivate plc *
188,317
1,790,895
Clean Harbors, Inc. *
21,609
3,592,712
Concentrix Corp.
18,956
1,577,897
Conduent, Inc. *
68,566
237,238
Copart, Inc. *
183,448
16,214,969
CoreCivic, Inc. *
49,662
481,721
CRA International, Inc.
2,904
290,661
CSG Systems International, Inc.
12,935
667,317
Deluxe Corp.
19,740
374,863
DLH Holdings Corp. *
3,968
39,878
Driven Brands Holdings, Inc. *
23,892
618,086
Dun & Bradstreet Holdings, Inc.
93,950
1,110,489
Ennis, Inc.
10,401
224,037
Equifax, Inc.
52,687
10,752,363
ExlService Holdings, Inc. *
14,348
2,022,351
Exponent, Inc.
21,599
1,934,838
First Advantage Corp. *
24,470
367,050
FiscalNote Holdings, Inc. *
31,549
103,481
Forrester Research, Inc. *
4,414
140,674
Franklin Covey Co. *
5,263
250,782
FTI Consulting, Inc. *
14,308
2,506,189
GEE Group, Inc. *
66,522
31,332
Genpact Ltd.
72,644
2,621,722
Harsco Corp. *
34,248
322,959
Healthcare Services Group, Inc.
33,424
421,477
Heidrick & Struggles International,
Inc.
8,008
218,378
Heritage-Crystal Clean, Inc. *
7,053
324,932
HireQuest, Inc.
1,724
43,117
HireRight Holdings Corp. *
8,556
91,635
HNI Corp.
20,010
582,091
Hudson Global, Inc. *
1,522
34,275
Huron Consulting Group, Inc. *
8,075
763,653
ICF International, Inc.
7,219
848,882
Innodata, Inc. *
11,159
143,170
Insperity, Inc.
15,439
1,816,398
Interface, Inc., Class A
23,118
225,863
Jacobs Solutions, Inc.
54,343
6,815,156
KBR, Inc.
58,355
3,588,249
Kelly Services, Inc., Class A
14,539
266,354
  39

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Kforce, Inc.
8,111
514,562
Knightscope, Inc., Class A *(a)
18,211
26,042
Korn Ferry
22,604
1,190,779
LanzaTech Global, Inc. *
26,456
171,435
LegalZoom.com, Inc. *
41,173
629,123
Leidos Holdings, Inc.
59,071
5,524,911
Liquidity Services, Inc. *
10,485
175,938
ManpowerGroup, Inc.
21,518
1,697,340
Mastech Digital, Inc. *
3,073
32,820
Matthews International Corp.,
Class A
12,972
595,415
Maximus, Inc.
26,071
2,183,707
MillerKnoll, Inc.
32,897
643,794
Mistras Group, Inc. *
7,028
54,397
Montrose Environmental Group,
Inc. *
11,954
483,778
MSA Safety, Inc.
15,716
2,608,856
NL Industries, Inc.
5,834
33,837
NV5 Global, Inc. *
5,244
574,480
Odyssey Marine Exploration, Inc.,
Class B *
9,740
36,038
OPENLANE, Inc. *
46,068
723,268
Paychex, Inc.
137,561
17,259,779
Paycom Software, Inc.
20,907
7,709,665
Paycor HCM, Inc. *
20,757
557,533
Paylocity Holding Corp. *
17,701
4,015,472
Performant Financial Corp. *
24,843
76,268
Perma-Fix Environmental Services,
Inc. *
5,410
52,964
Pitney Bowes, Inc.
72,387
285,205
Planet Labs PBC *
85,241
317,096
Quad Graphics, Inc. *
10,911
64,593
Quest Resource Holding Corp. *
7,972
52,775
RB Global, Inc.
78,129
5,037,758
RCM Technologies, Inc. *
3,160
64,180
Republic Services, Inc., Class A
87,887
13,280,605
Resources Connection, Inc.
13,566
216,785
Robert Half, Inc.
46,821
3,471,777
Rollins, Inc.
99,308
4,054,746
Science Applications International
Corp.
23,168
2,811,205
Skillsoft Corp. *
35,359
46,674
SP Plus Corp. *
8,590
330,285
Spire Global, Inc. *
38,120
27,153
SS&C Technologies Holdings, Inc.
92,633
5,395,872
Steel Connect, Inc. *
3,096
30,279
Steelcase, Inc., Class A
41,203
353,110
Stericycle, Inc. *
39,698
1,686,768
Sterling Check Corp. *
9,867
118,503
TaskUS, Inc., Class A *
10,367
125,026
Team, Inc. *
2,284
19,825
Tetra Tech, Inc.
22,796
3,857,311
The Brink's Co.
19,911
1,452,706
The GEO Group, Inc. *
52,634
393,176
TransUnion
83,988
6,693,004
TriNet Group, Inc. *
15,012
1,579,713
TrueBlue, Inc. *
14,017
209,554
TTEC Holdings, Inc.
8,462
291,431
UniFirst Corp.
6,373
1,034,338
Upwork, Inc. *
54,356
566,933
Verisk Analytics, Inc., Class A
62,308
14,264,793
Verra Mobility Corp., Class A *
59,168
1,241,936
Viad Corp. *
9,565
269,829
VSE Corp.
4,772
256,495
Waste Management, Inc.
158,405
25,945,155
SECURITY
NUMBER
OF SHARES
VALUE ($)
Where Food Comes From, Inc. *
1,066
14,935
Willdan Group, Inc. *
5,928
119,627
 
305,356,193
 
Consumer Discretionary Distribution & Retail 5.0%
1-800-Flowers.com, Inc., Class A *
11,856
102,910
1stdibs.com, Inc. *
9,755
39,800
Abercrombie & Fitch Co., Class A *
21,705
859,735
Academy Sports & Outdoors, Inc.
33,236
1,987,180
Advance Auto Parts, Inc.
26,209
1,949,688
Amazon.com, Inc. *
3,835,203
512,689,937
American Eagle Outfitters, Inc.
79,500
1,116,975
America's Car-Mart, Inc. *
2,651
315,787
Arhaus, Inc. *
7,622
87,348
Arko Corp.
30,423
253,728
Asbury Automotive Group, Inc. *
9,218
2,079,581
AutoNation, Inc. *
13,495
2,172,425
AutoZone, Inc. *
7,886
19,570,844
BARK, Inc. *
57,147
82,292
Barnes & Noble Education, Inc. *
11,885
17,471
Bath & Body Works, Inc.
98,214
3,639,811
Best Buy Co., Inc.
83,362
6,923,214
Big 5 Sporting Goods Corp. (a)
12,375
118,429
Big Lots, Inc.
11,917
122,149
Boot Barn Holdings, Inc. *
12,699
1,192,436
Brilliant Earth Group, Inc., Class A *
4,000
15,840
Build-A-Bear Workshop, Inc.
4,907
120,467
Burlington Stores, Inc. *
27,849
4,946,539
Caleres, Inc.
14,963
404,600
Camping World Holdings, Inc.,
Class A
17,775
569,333
CarMax, Inc. *
67,927
5,611,449
CarParts.com, Inc. *
19,856
99,677
Carvana Co., Class A *(a)
42,048
1,932,106
Chewy, Inc., Class A *
41,203
1,396,782
Chico's FAS, Inc. *
51,645
315,034
Citi Trends, Inc. *
3,328
62,733
ContextLogic, Inc., Class A *(a)
9,687
92,027
Designer Brands, Inc., Class A
13,493
134,255
Destination XL Group, Inc. *
23,026
118,814
Dick's Sporting Goods, Inc.
26,354
3,715,914
Dillard's, Inc., Class A
1,404
481,628
Duluth Holdings, Inc., Class B *
5,930
43,052
eBay, Inc.
229,337
10,207,790
Envela Corp. *
4,047
30,312
Etsy, Inc. *
52,929
5,380,233
EVgo, Inc., Class A *(a)
28,647
125,187
Express, Inc. *
47,517
36,731
Five Below, Inc. *
23,862
4,971,409
Floor & Decor Holdings, Inc.,
Class A *
45,525
5,228,546
Foot Locker, Inc.
33,730
906,325
Franchise Group, Inc.
10,248
304,980
GameStop Corp., Class A *(a)
109,085
2,421,687
Genesco, Inc. *
5,301
149,541
Genuine Parts Co.
60,750
9,459,990
Group 1 Automotive, Inc.
6,053
1,564,882
Groupon, Inc., Class A *
10,000
79,000
GrowGeneration Corp. *
25,514
101,546
Guess?, Inc.
12,378
259,814
Haverty Furniture Cos., Inc.
5,993
213,351
Hibbett, Inc.
5,232
242,765
J Jill Inc. *
1,560
35,412
Kirkland's, Inc. *(a)
6,028
18,807
Kohl's Corp.
47,586
1,353,822
Lands' End, Inc. *
4,426
41,516
Lazydays Holdings, Inc. *
5,770
75,645
Leslie's, Inc. *
64,399
410,222
40  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Lithia Motors, Inc., Class A
11,825
3,672,017
LKQ Corp.
109,622
6,006,189
LL Flooring Holdings, Inc. *
17,182
67,525
Lowe’s Cos., Inc.
256,410
60,069,171
Lulu's Fashion Lounge Holdings,
Inc. *(a)
2,659
6,541
Macy's, Inc.
117,487
1,949,109
MarineMax, Inc. *
9,973
402,211
Monro, Inc.
13,330
488,544
Murphy USA, Inc.
8,431
2,588,570
National Vision Holdings, Inc. *
33,045
714,763
Nordstrom, Inc. (a)
48,143
1,112,585
Ollie's Bargain Outlet Holdings, Inc. *
25,008
1,822,583
OneWater Marine, Inc., Class A *
4,282
161,217
O'Reilly Automotive, Inc. *
26,107
24,169,600
Overstock.com, Inc. *
19,472
710,144
Penske Automotive Group, Inc.
10,329
1,667,307
Petco Health & Wellness Co., Inc.,
Class A *
33,512
273,458
PetMed Express, Inc.
10,374
151,979
Polished.Com, Inc. *
39,276
24,795
Pool Corp.
16,717
6,431,699
Qurate Retail, Inc., Series A *
145,107
148,009
Rent the Runway, Inc., Class A *
22,080
40,848
Revolve Group, Inc. *
18,087
356,676
RH *
7,676
2,979,593
Ross Stores, Inc.
147,368
16,894,268
RumbleON, Inc., Class B *(a)
6,108
62,729
Sally Beauty Holdings, Inc. *
44,879
537,202
Shift Technologies, Inc. *(a)
6,078
12,156
Shoe Carnival, Inc.
7,662
203,886
Signet Jewelers Ltd.
19,313
1,554,503
Sleep Number Corp. *
9,204
254,859
Sonic Automotive, Inc., Class A
6,954
333,027
Sportsman's Warehouse Holdings,
Inc. *
14,642
92,245
Stitch Fix, Inc., Class A *
35,867
183,280
The Aaron's Co., Inc.
12,845
203,208
The Buckle, Inc.
12,881
470,929
The Cato Corp., Class A
7,948
67,558
The Children's Place, Inc. *
5,140
161,602
The Container Store Group, Inc. *
14,357
52,547
The Gap, Inc.
90,677
933,973
The Home Depot, Inc.
435,298
145,319,884
The ODP Corp. *
14,773
736,877
The RealReal, Inc. *
43,796
120,001
The TJX Cos., Inc.
494,668
42,803,622
ThredUp, Inc., Class A *
31,702
111,591
Tile Shop Holdings, Inc. *
15,152
96,367
Tilly's, Inc., Class A *
9,759
84,611
Tractor Supply Co.
47,048
10,538,282
Ulta Beauty, Inc. *
21,431
9,532,509
Upbound Group, Inc.
21,551
746,311
Urban Outfitters, Inc. *
25,860
940,528
Valvoline, Inc.
59,821
2,271,403
Victoria's Secret & Co. *
34,060
697,889
Vroom, Inc. *
52,000
120,120
Warby Parker, Inc., Class A *
26,700
398,898
Wayfair, Inc., Class A *
35,343
2,752,159
Weyco Group, Inc.
3,125
85,313
Williams-Sonoma, Inc.
28,075
3,892,318
Winmark Corp.
1,169
424,885
Zumiez, Inc. *
6,961
131,284
 
978,839,460
 
Consumer Durables & Apparel 1.2%
Acushnet Holdings Corp.
13,529
806,734
Allbirds, Inc., Class A *
39,597
59,395
SECURITY
NUMBER
OF SHARES
VALUE ($)
American Outdoor Brands, Inc. *
6,310
59,945
AMMO, Inc. *
41,078
85,442
Aterian, Inc. *
39,259
19,284
Bassett Furniture Industries, Inc.
4,101
72,178
Beazer Homes USA, Inc. *
12,137
408,167
Brunswick Corp.
30,217
2,608,029
Capri Holdings Ltd. *
54,382
2,007,240
Carter's, Inc.
16,335
1,225,288
Cavco Industries, Inc. *
3,534
1,044,827
Century Communities, Inc.
12,516
966,486
Clarus Corp.
11,806
105,073
Columbia Sportswear Co.
15,285
1,201,554
Cricut, Inc., Class A (a)
21,338
253,069
Crocs, Inc. *
26,619
2,884,169
Crown Crafts, Inc.
5,621
28,217
Culp, Inc. *
2,586
14,740
D.R. Horton, Inc.
133,133
16,910,554
Deckers Outdoor Corp. *
11,311
6,149,678
Delta Apparel, Inc. *
1,907
15,790
Dream Finders Homes, Inc.,
Class A *
8,602
219,351
Escalade, Inc.
3,803
55,524
Ethan Allen Interiors, Inc.
10,573
332,732
Figs, Inc., Class A *
52,953
389,734
Flexsteel Industries, Inc.
2,656
51,978
Fossil Group, Inc. *
19,967
55,508
Funko, Inc., Class A *
14,201
115,880
Garmin Ltd.
65,721
6,959,197
G-III Apparel Group Ltd. *
17,626
365,034
GoPro, Inc., Class A *
54,737
223,874
Green Brick Partners, Inc. *
11,324
640,032
Hamilton Beach Brands Holding Co.,
Class A
3,706
36,504
Hanesbrands, Inc.
148,070
780,329
Hasbro, Inc.
56,075
3,620,202
Helen of Troy Ltd. *
10,307
1,456,379
Hooker Furnishings Corp.
5,571
111,810
Hovnanian Enterprises, Inc.,
Class A *
2,021
215,479
Installed Building Products, Inc.
10,180
1,506,844
iRobot Corp. *
11,608
464,320
JAKKS Pacific, Inc. *
2,200
45,848
Johnson Outdoors, Inc., Class A
2,681
158,501
KB Home
34,561
1,865,257
Kontoor Brands, Inc.
21,676
918,195
Lakeland Industries, Inc.
3,608
55,816
Landsea Homes Corp. *
6,542
64,570
Latham Group, Inc. *
20,641
81,326
La-Z-Boy, Inc.
19,021
596,689
Legacy Housing Corp. *
4,652
110,345
Leggett & Platt, Inc.
57,945
1,695,471
Lennar Corp., Class A
114,305
14,497,303
Levi Strauss & Co., Class A
43,160
650,421
LGI Homes, Inc. *
9,067
1,258,046
Lifetime Brands, Inc.
5,690
31,295
Live Ventures, Inc. *
537
14,284
Lululemon Athletica, Inc. *
49,667
18,800,450
M.D.C. Holdings, Inc.
25,745
1,320,204
M/I Homes, Inc. *
11,942
1,194,200
Malibu Boats, Inc., Class A *
8,904
533,795
Marine Products Corp.
5,165
82,847
MasterCraft Boat Holdings, Inc. *
7,841
240,327
Mattel, Inc. *
152,002
3,237,643
Meritage Homes Corp.
15,753
2,346,409
Mohawk Industries, Inc. *
22,924
2,437,738
Movado Group, Inc.
6,936
199,063
Newell Brands, Inc.
160,861
1,795,209
NIKE, Inc., Class B
529,709
58,474,577
NVR, Inc. *
1,312
8,274,049
  41

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Oxford Industries, Inc.
6,214
670,180
Peloton Interactive, Inc., Class A *
145,342
1,411,271
PLBY Group, Inc. *(a)
26,704
51,539
Polaris, Inc.
23,112
3,139,534
PulteGroup, Inc.
95,516
8,060,595
Purple Innovation, Inc., Class A
27,507
85,822
PVH Corp.
26,860
2,407,730
Ralph Lauren Corp., Class A
18,211
2,391,651
Rocky Brands, Inc.
2,880
57,946
Skechers U.S.A., Inc., Class A *
57,348
3,187,402
Skyline Champion Corp. *
22,950
1,598,697
Smith & Wesson Brands, Inc.
20,549
261,589
Snap One Holdings Corp. *
8,443
82,235
Solo Brands, Inc., Class A *
14,864
87,103
Sonos, Inc. *
54,410
932,587
Steven Madden Ltd.
30,191
1,007,776
Sturm, Ruger & Co., Inc.
7,968
421,906
Superior Group of Cos., Inc.
5,398
50,903
Tapestry, Inc.
99,269
4,283,457
Taylor Morrison Home Corp.,
Class A *
46,849
2,268,429
Tempur Sealy International, Inc.
73,834
3,295,211
The Lovesac Co. *
6,938
203,145
Toll Brothers, Inc.
44,167
3,547,935
TopBuild Corp. *
13,603
3,726,270
Topgolf Callaway Brands Corp. *
60,859
1,215,354
Traeger, Inc. *(a)
23,917
106,670
Tri Pointe Homes, Inc. *
43,323
1,381,137
Under Armour, Inc., Class A *
80,754
650,877
Under Armour, Inc., Class C *
81,322
603,409
Unifi, Inc. *
5,875
46,471
United Homes Group, Inc. *
3,328
37,839
Universal Electronics, Inc. *
5,590
62,440
Vera Bradley, Inc. *
11,087
74,726
VF Corp.
142,246
2,817,893
Vista Outdoor, Inc. *
23,977
726,503
Vizio Holding Corp., Class A *
23,851
177,690
VOXX International Corp., Class A *
5,522
51,023
Whirlpool Corp.
23,591
3,403,238
Wolverine World Wide, Inc.
33,611
425,851
YETI Holdings, Inc. *
36,886
1,571,344
Yunhong CTI Ltd. *
20,213
37,394
 
232,127,220
 
Consumer Services 2.4%
2U, Inc. *
34,892
166,784
Accel Entertainment, Inc., Class A *
23,774
271,024
ADT, Inc.
94,955
605,813
Adtalem Global Education, Inc. *
18,725
809,669
Airbnb, Inc., Class A *
177,062
26,947,066
Aramark
112,046
4,523,297
Bally's Corp. *
11,844
192,820
Biglari Holdings, Inc., Class B *
514
104,424
BJ's Restaurants, Inc. *
10,196
383,981
Bloomin' Brands, Inc.
36,977
993,572
Bluegreen Vacations Holding Corp.,
Class A
4,616
180,439
Booking Holdings, Inc. *
15,867
47,137,684
Bowlero Corp. *
15,311
185,722
Boyd Gaming Corp.
32,599
2,227,164
Bright Horizons Family Solutions,
Inc. *
24,905
2,416,532
Brinker International, Inc. *
18,764
737,050
Caesars Entertainment, Inc. *
92,397
5,453,271
Canterbury Park Holding Corp.
1,452
33,120
Carnival Corp. *
431,194
8,123,695
Carriage Services, Inc., Class A
5,752
186,192
Carrols Restaurant Group, Inc. *
16,994
100,095
SECURITY
NUMBER
OF SHARES
VALUE ($)
Century Casinos, Inc. *
13,792
109,646
Chegg, Inc. *
50,436
510,917
Chipotle Mexican Grill, Inc., Class A *
11,828
23,209,848
Choice Hotels International, Inc.
11,370
1,486,627
Churchill Downs, Inc.
28,599
3,313,194
Chuy's Holdings, Inc. *
8,171
339,832
Coursera, Inc. *
38,436
603,061
Cracker Barrel Old Country Store,
Inc.
9,479
883,443
Darden Restaurants, Inc.
52,157
8,810,360
Dave & Buster's Entertainment, Inc. *
17,690
810,202
Denny's Corp. *
24,016
282,428
Dine Brands Global, Inc.
6,725
405,652
Domino’s Pizza, Inc.
15,212
6,035,209
DoorDash, Inc., Class A *
113,006
10,259,815
DraftKings, Inc., Class A *
197,976
6,291,677
Duolingo, Inc. *
12,089
1,876,092
Dutch Bros, Inc., Class A *(a)
12,528
388,493
El Pollo Loco Holdings, Inc.
9,086
96,766
European Wax Center, Inc., Class A *
14,659
283,945
Everi Holdings, Inc. *
38,486
571,132
Expedia Group, Inc. *
61,682
7,557,895
Fiesta Restaurant Group, Inc. *
9,485
73,035
First Watch Restaurant Group, Inc. *
4,397
81,960
Frontdoor, Inc. *
35,506
1,239,870
Full House Resorts, Inc. *
15,255
97,937
GAN Ltd. *
31,476
58,860
Global Business Travel Group I *
6,663
46,908
Golden Entertainment, Inc. *
9,398
397,911
Graham Holdings Co., Class B
1,610
944,668
Grand Canyon Education, Inc. *
13,052
1,416,795
H&R Block, Inc.
65,821
2,212,244
Hall of Fame Resort & Entertainment
Co. *(a)
3,097
32,238
Hilton Grand Vacations, Inc. *
32,843
1,527,199
Hilton Worldwide Holdings, Inc.
113,708
17,680,457
Hyatt Hotels Corp., Class A
19,972
2,523,462
Inspirato, Inc. *
38,387
38,003
Inspired Entertainment, Inc. *
10,938
137,709
Jack in the Box, Inc.
8,973
892,006
Krispy Kreme, Inc.
28,002
431,231
Kura Sushi USA, Inc., Class A *
2,156
214,544
Las Vegas Sands Corp. *
140,965
8,431,117
Laureate Education, Inc.
58,971
756,008
Life Time Group Holdings, Inc. *
24,073
435,481
Light & Wonder, Inc. *
38,909
2,735,303
Lincoln Educational Services Corp. *
10,639
75,643
Lindblad Expeditions Holdings, Inc. *
13,166
155,622
Marriott International, Inc., Class A
110,812
22,362,970
Marriott Vacations Worldwide Corp.
15,685
2,015,679
McDonald’s Corp.
313,741
91,988,861
Membership Collective Group, Inc. *
16,810
100,356
MGM Resorts International
130,668
6,634,014
Mister Car Wash, Inc. *
34,014
337,759
Monarch Casino & Resort, Inc.
5,776
400,392
Nathan's Famous, Inc.
1,235
98,924
Nerdy, Inc. *
26,826
132,520
Noodles & Co., Class A *
16,309
59,528
Norwegian Cruise Line Holdings
Ltd. *
182,199
4,021,132
OneSpaWorld Holdings Ltd. *
25,869
332,287
Papa John's International, Inc.
12,871
1,064,432
Penn Entertainment, Inc. *
66,091
1,737,532
Perdoceo Education Corp. *
27,649
369,114
Planet Fitness, Inc., Class A *
36,462
2,462,643
Playa Hotels & Resorts N.V. *
52,884
431,533
PlayAGS, Inc. *
10,629
70,364
Portillo's, Inc., Class A *
18,362
423,244
Potbelly Corp. *
11,690
111,640
42  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
RCI Hospitality Holdings, Inc.
3,668
255,843
Red Robin Gourmet Burgers, Inc. *
6,715
97,703
Red Rock Resorts, Inc., Class A
21,179
1,027,181
Regis Corp. *
32,822
43,325
Rover Group, Inc., Class A *
43,669
239,306
Royal Caribbean Cruises Ltd. *
95,028
10,368,505
Rush Street Interactive, Inc. *
31,726
121,511
Sabre Corp. *
140,098
574,402
Sadot Group, Inc. *
27,734
30,507
SeaWorld Entertainment, Inc. *
16,942
938,079
Service Corp. International
64,932
4,327,718
Shake Shack, Inc., Class A *
15,960
1,239,454
Six Flags Entertainment Corp. *
32,321
772,472
Sonder Holdings, Inc. *
52,572
31,017
Starbucks Corp.
491,802
49,952,329
Strategic Education, Inc.
9,508
714,051
Stride, Inc. *
17,428
665,924
Sweetgreen, Inc., Class A *
30,982
466,899
Target Hospitality Corp. *
10,745
137,214
Texas Roadhouse, Inc., Class A
28,741
3,206,059
The Beachbody Co., Inc. *
60,569
27,862
The Cheesecake Factory, Inc.
20,167
741,742
The ONE Group Hospitality, Inc. *
12,060
88,882
The Wendy's Co.
72,394
1,555,747
Travel & Leisure Co.
32,601
1,327,839
Udemy, Inc. *
30,519
360,429
Universal Technical Institute, Inc. *
13,710
99,809
Vail Resorts, Inc.
17,304
4,074,919
Wingstop, Inc.
12,885
2,172,153
WW International, Inc. *
27,624
321,820
Wyndham Hotels & Resorts, Inc.
36,885
2,874,079
Wynn Resorts Ltd.
44,373
4,835,770
Xponential Fitness, Inc., Class A *
9,583
202,393
Yum! Brands, Inc.
119,709
16,480,338
 
464,070,064
 
Consumer Staples Distribution & Retail 1.7%
Albertsons Cos., Inc., Class A
85,776
1,863,912
BJ's Wholesale Club Holdings, Inc. *
57,774
3,830,994
Casey's General Stores, Inc.
16,010
4,045,086
Costco Wholesale Corp.
190,432
106,769,509
Dollar General Corp.
93,937
15,862,202
Dollar Tree, Inc. *
89,242
13,772,718
Grocery Outlet Holding Corp. *
38,855
1,299,700
HF Foods Group, Inc. *
16,494
86,264
Ingles Markets, Inc., Class A
6,246
529,661
MedAvail Holdings, Inc. *
11,882
3,565
Natural Grocers by Vitamin Cottage,
Inc.
4,452
55,427
Performance Food Group Co. *
66,943
4,000,514
PriceSmart, Inc.
10,701
831,789
Rite Aid Corp. *(a)
29,115
47,166
SpartanNash Co.
15,368
344,858
Sprouts Farmers Market, Inc. *
44,197
1,734,732
Sysco Corp.
218,131
16,645,577
Target Corp.
198,151
27,041,667
The Andersons, Inc.
13,831
675,229
The Chefs' Warehouse, Inc. *
14,908
541,757
The Kroger Co.
281,466
13,690,506
U.S. Foods Holding Corp. *
96,957
4,142,973
United Natural Foods, Inc. *
25,620
532,896
Village Super Market, Inc., Class A
2,371
55,197
Walgreens Boots Alliance, Inc.
307,736
9,222,848
Walmart, Inc.
602,748
96,355,295
Weis Markets, Inc.
7,027
466,171
 
324,448,213
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Energy 4.3%
Adams Resources & Energy, Inc.
794
27,496
Aemetis, Inc. *
14,199
104,789
American Resources Corp. *(a)
38,760
74,419
Amplify Energy Corp. *
16,372
120,170
Antero Midstream Corp.
143,531
1,713,760
Antero Resources Corp. *
117,983
3,156,045
APA Corp.
134,006
5,425,903
Arch Resources, Inc.
7,976
1,024,437
Archrock, Inc.
57,597
671,581
Atlas Energy Solutions, Inc., Class A
7,382
145,794
Baker Hughes Co., Class A
434,450
15,548,965
Berry Corp.
27,783
216,707
Bristow Group, Inc. *
9,727
299,300
Cactus, Inc., Class A
27,202
1,381,318
California Resources Corp.
30,132
1,607,542
Callon Petroleum Co. *
22,468
843,898
Centrus Energy Corp., Class A *
5,939
223,306
ChampionX Corp.
85,479
3,043,052
Cheniere Energy, Inc.
104,541
16,921,006
Chesapeake Energy Corp.
45,846
3,866,652
Chevron Corp.
749,027
122,585,759
Chord Energy Corp.
17,735
2,781,557
Civitas Resources, Inc.
20,973
1,570,039
Clean Energy Fuels Corp. *
78,451
386,763
CNX Resources Corp. *
70,699
1,442,260
Comstock Resources, Inc.
38,848
495,312
Comstock, Inc. *
59,927
34,913
ConocoPhillips
519,552
61,161,661
CONSOL Energy, Inc.
13,692
1,020,328
Core Laboratories, Inc.
20,776
539,968
Coterra Energy, Inc.
321,490
8,853,835
Crescent Energy Co., Class A
16,190
192,175
CVR Energy, Inc.
11,947
438,933
Delek US Holdings, Inc.
29,062
801,821
Denbury, Inc. *
21,581
1,897,186
Devon Energy Corp.
276,614
14,937,156
Diamond Offshore Drilling, Inc. *
43,981
696,219
Diamondback Energy, Inc.
77,697
11,446,322
DMC Global, Inc. *
8,614
162,460
Dorian LPG Ltd.
14,057
418,055
Dril-Quip, Inc. *
14,876
385,140
DTE Midstream LLC *
41,697
2,231,623
Earthstone Energy, Inc., Class A *
15,789
252,308
Empire Petroleum Corp. *
3,665
32,985
EOG Resources, Inc.
250,793
33,237,596
Epsilon Energy Ltd.
5,425
32,767
EQT Corp.
154,957
6,536,086
Equitrans Midstream Corp.
186,653
1,935,592
Evolution Petroleum Corp.
15,426
144,079
Excelerate Energy, Inc., Class A
7,154
151,808
Expro Group Holdings N.V. *
29,238
648,791
Exxon Mobil Corp.
1,735,811
186,148,372
Forum Energy Technologies, Inc. *
4,222
114,881
Geospace Technologies Corp. *
3,725
29,837
Gevo, Inc. *(a)
101,823
175,136
Granite Ridge Resources, Inc.
7,482
54,544
Green Plains, Inc. *
25,362
900,605
Gulf Island Fabrication, Inc. *
6,007
20,364
Gulfport Energy Corp. *
4,553
466,455
Hallador Energy Co. *
10,747
99,087
Halliburton Co.
387,622
15,148,268
Helix Energy Solutions Group, Inc. *
60,683
582,557
Helmerich & Payne, Inc.
44,341
1,985,147
Hess Corp.
119,561
18,140,990
HF Sinclair Corp.
55,164
2,873,493
HighPeak Energy, Inc. (a)
5,507
83,431
Houston American Energy Corp. *
4,107
9,692
  43

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Independence Contract Drilling,
Inc. *(a)
7,301
23,071
International Seaways, Inc.
17,758
761,641
Kinder Morgan, Inc.
847,866
15,015,707
Kinetik Holdings, Inc., Class A
10,337
372,132
KLX Energy Services Holdings,
Inc. *(a)
8,329
97,699
Kosmos Energy Ltd. *
198,763
1,411,217
Liberty Energy, Inc., Class A
64,955
1,069,809
Lightbridge Corp. *
5,562
36,932
Magnolia Oil & Gas Corp., Class A
72,797
1,612,454
Mammoth Energy Services, Inc. *
10,739
52,514
Marathon Oil Corp.
263,871
6,931,891
Marathon Petroleum Corp.
182,251
24,243,028
Matador Resources Co.
48,551
2,700,892
Murphy Oil Corp.
62,708
2,713,375
Nabors Industries Ltd. *
3,829
469,014
NACCO Industries, Inc., Class A
1,966
72,722
Natural Gas Services Group, Inc. *
4,213
43,352
New Fortress Energy, Inc.
20,475
584,561
Newpark Resources, Inc. *
32,811
181,117
NextDecade Corp. *
29,505
164,343
NexTier Oilfield Solutions, Inc. *
63,519
757,146
Nine Energy Service, Inc. *
5,821
29,280
Noble Corp. plc
44,513
2,326,694
Northern Oil and Gas, Inc.
34,517
1,358,934
NOV, Inc.
169,189
3,397,315
Occidental Petroleum Corp.
307,471
19,410,644
Oceaneering International, Inc. *
43,414
974,644
Oil States International, Inc. *
29,052
233,578
ONEOK, Inc.
193,090
12,944,754
OPAL Fuels, Inc., Class A *
5,715
44,520
Overseas Shipholding Group, Inc.,
Class A *
30,088
123,060
Ovintiv, Inc.
104,626
4,822,212
Par Pacific Holdings, Inc. *
23,654
744,628
Patterson-UTI Energy, Inc.
88,384
1,400,003
PBF Energy, Inc., Class A
46,863
2,223,181
PDC Energy, Inc.
37,386
2,837,224
Peabody Energy Corp.
49,804
1,117,602
Permian Resources Corp., Class A
102,917
1,203,100
Phillips 66
197,209
21,998,664
PHX Minerals, Inc.
18,580
60,013
Pioneer Natural Resources Co.
100,631
22,709,398
PrimeEnergy Resources Corp. *
362
34,810
Profire Energy, Inc. *
27,669
38,737
ProFrac Holding Corp., Class A *
13,542
174,286
ProPetro Holding Corp. *
39,887
416,420
Range Resources Corp.
103,282
3,246,153
Ranger Energy Services, Inc. *
5,075
53,287
REX American Resources Corp. *
6,150
227,673
Riley Exploration Permian, Inc.
1,796
67,260
Ring Energy, Inc. *
59,204
143,274
RPC, Inc.
36,343
302,374
SandRidge Energy, Inc.
12,685
216,660
Schlumberger Ltd.
613,491
35,791,065
SEACOR Marine Holdings, Inc. *
10,252
117,795
Select Water Solutions, Inc.
33,094
278,321
SilverBow Resources, Inc. *
5,751
205,943
Sitio Royalties Corp., Class A
35,149
960,974
SM Energy Co.
52,363
1,900,253
Smart Sand, Inc. *
17,439
31,913
Solaris Oilfield Infrastructure, Inc.,
Class A
15,678
171,361
Southwestern Energy Co. *
469,486
3,042,269
Talos Energy, Inc. *
46,507
744,112
Targa Resources Corp.
98,293
8,059,043
TechnipFMC plc *
188,787
3,462,354
Tellurian, Inc. *(a)
208,748
359,047
SECURITY
NUMBER
OF SHARES
VALUE ($)
TETRA Technologies, Inc. *
48,733
218,811
Texas Pacific Land Corp.
2,647
3,987,176
The Williams Cos., Inc.
524,916
18,083,356
Tidewater, Inc. *
22,052
1,391,702
Transocean Ltd. *
302,802
2,664,658
Uranium Energy Corp. *
167,322
602,359
US Silica Holdings, Inc. *
33,313
433,402
VAALCO Energy, Inc.
43,433
193,277
Valaris Ltd. *
25,693
1,973,222
Valero Energy Corp.
154,625
19,932,709
Vertex Energy, Inc. *
25,874
136,356
Vital Energy, Inc. *
7,911
417,543
Vitesse Energy, Inc.
10,573
266,334
W&T Offshore, Inc. *
41,992
183,925
Weatherford International plc *
28,008
2,327,465
World Kinect Corp.
27,459
618,926
 
833,451,166
 
Equity Real Estate Investment Trusts (REITs) 2.7%
Acadia Realty Trust
40,417
634,951
Agree Realty Corp.
40,181
2,602,925
Alexander & Baldwin, Inc.
30,000
576,000
Alexander's, Inc.
964
186,409
Alexandria Real Estate Equities, Inc.
68,400
8,596,512
Alpine Income Property Trust, Inc.
4,623
78,545
American Assets Trust, Inc.
21,772
489,870
American Homes 4 Rent, Class A
136,878
5,130,187
American Tower Corp.
200,459
38,149,352
Americold Realty Trust, Inc.
116,516
3,777,449
Apartment Income REIT Corp.
63,306
2,186,589
Apartment Investment &
Management Co., Class A
64,227
535,011
Apple Hospitality REIT, Inc.
90,111
1,396,721
Armada Hoffler Properties, Inc.
28,123
349,288
Ashford Hospitality Trust, Inc. *
12,463
49,852
AvalonBay Communities, Inc.
61,370
11,577,450
Bluerock Homes Trust, Inc. *
1,536
24,899
Boston Properties, Inc.
61,391
4,090,482
Braemar Hotels & Resorts, Inc.
24,766
91,634
Brandywine Realty Trust
80,539
406,722
Brixmor Property Group, Inc.
129,065
2,934,938
Broadstone Net Lease, Inc.
80,962
1,319,681
BRT Apartments Corp.
5,530
107,669
Camden Property Trust
46,606
5,084,249
CareTrust REIT, Inc.
42,114
875,550
CBL & Associates Properties, Inc. (a)
10,443
227,344
Centerspace
6,268
389,431
Chatham Lodging Trust
21,672
208,051
City Office REIT, Inc.
16,407
89,746
Clipper Realty, Inc.
5,283
33,811
Community Healthcare Trust, Inc.
10,035
353,633
Corporate Office Properties Trust
47,650
1,238,900
Cousins Properties, Inc.
66,079
1,614,310
Creative Media & Community Trust
Corp.
3,238
14,798
Crown Castle, Inc.
186,772
20,225,540
CTO Realty Growth, Inc.
7,821
136,868
CubeSmart
96,770
4,195,947
DiamondRock Hospitality Co.
88,294
750,499
Digital Realty Trust, Inc.
125,036
15,581,986
Diversified Healthcare Trust
100,000
209,000
Douglas Emmett, Inc.
73,469
1,079,994
Easterly Government Properties, Inc.,
Class A
42,425
626,193
EastGroup Properties, Inc.
18,983
3,363,408
Elme Communities
40,011
650,179
Empire State Realty Trust, Inc.,
Class A
58,131
520,272
44  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
EPR Properties
32,596
1,455,085
Equinix, Inc.
40,216
32,571,743
Equity Commonwealth
45,821
897,633
Equity LifeStyle Properties, Inc.
75,137
5,348,252
Equity Residential
146,295
9,646,692
Essential Properties Realty Trust, Inc.
64,132
1,574,441
Essex Property Trust, Inc.
27,548
6,709,315
Extra Space Storage, Inc.
91,174
12,725,200
Farmland Partners, Inc.
21,207
243,668
Federal Realty Investment Trust
31,529
3,200,824
First Industrial Realty Trust, Inc.
56,614
2,926,944
Four Corners Property Trust, Inc.
38,002
999,453
Franklin Street Properties Corp.,
Class C
36,290
60,967
Gaming & Leisure Properties, Inc.
113,094
5,367,441
Getty Realty Corp.
19,661
635,444
Gladstone Commercial Corp.
16,360
217,588
Gladstone Land Corp.
14,746
246,848
Global Medical REIT, Inc.
26,096
258,350
Global Net Lease, Inc.
44,986
480,900
Global Self Storage, Inc.
1,987
10,114
Healthcare Realty Trust, Inc., Class A
163,781
3,198,643
Healthpeak Properties, Inc.
234,627
5,121,907
Hersha Hospitality Trust, Class A
15,131
94,720
Highwoods Properties, Inc.
45,436
1,148,168
Host Hotels & Resorts, Inc.
307,528
5,658,515
Hudson Pacific Properties, Inc.
56,547
331,931
Independence Realty Trust, Inc.
96,227
1,639,708
Innovative Industrial Properties, Inc.
11,890
942,045
InvenTrust Properties Corp.
29,223
711,288
Invitation Homes, Inc.
249,138
8,844,399
Iron Mountain, Inc.
125,015
7,675,921
JBG SMITH Properties
40,899
684,240
Kilroy Realty Corp.
45,921
1,639,380
Kimco Realty Corp.
265,434
5,377,693
Kite Realty Group Trust
94,845
2,170,054
Lamar Advertising Co., Class A
37,381
3,689,505
LTC Properties, Inc.
17,442
585,354
LXP Industrial Trust
127,057
1,279,464
Medical Properties Trust, Inc.
257,579
2,598,972
Mid-America Apartment
Communities, Inc.
50,062
7,492,279
Modiv, Inc., Class C
3,196
42,251
National Health Investors, Inc.
18,522
1,017,043
National Storage Affiliates Trust
35,246
1,190,962
NETSTREIT Corp.
27,995
500,831
New Century Financial Corp. *(b)
3,600
0
NexPoint Diversified Real Estate
Trust
15,099
176,507
NexPoint Residential Trust, Inc.
9,644
400,805
NNN REIT, Inc.
78,944
3,369,330
Office Properties Income Trust
20,035
154,270
Omega Healthcare Investors, Inc.
100,490
3,205,631
One Liberty Properties, Inc.
6,163
125,910
Orion Office REIT, Inc.
24,022
156,143
Outfront Media, Inc.
61,918
957,252
Paramount Group, Inc.
73,678
386,073
Park Hotels & Resorts, Inc.
92,416
1,259,630
Peakstone Realty Trust (a)
15,426
390,895
Pebblebrook Hotel Trust
53,690
829,511
Phillips Edison & Co., Inc.
50,485
1,782,625
Physicians Realty Trust
104,342
1,538,001
Piedmont Office Realty Trust, Inc.,
Class A
53,125
395,250
Plymouth Industrial REIT, Inc.
16,461
374,817
Postal Realty Trust, Inc., Class A
7,337
110,569
PotlatchDeltic Corp.
34,042
1,825,672
Presidio Property Trust, Inc., Class A
8,865
7,615
Prologis, Inc.
396,521
49,465,995
SECURITY
NUMBER
OF SHARES
VALUE ($)
Public Storage
67,989
19,155,901
Rayonier, Inc.
63,562
2,105,173
Realty Income Corp.
289,819
17,670,264
Regency Centers Corp.
66,034
4,327,208
Retail Opportunity Investments Corp.
53,563
788,983
Rexford Industrial Realty, Inc.
86,189
4,748,152
RLJ Lodging Trust
69,831
719,259
RPT Realty
37,081
403,070
Ryman Hospitality Properties, Inc.
25,409
2,421,224
Sabra Health Care REIT, Inc.
97,971
1,272,643
Safehold, Inc.
16,147
399,315
Saul Centers, Inc.
5,768
222,356
SBA Communications Corp., Class A
46,810
10,249,049
Service Properties Trust
70,215
596,125
Simon Property Group, Inc.
140,612
17,520,255
SITE Centers Corp.
76,787
1,078,857
SL Green Realty Corp. (a)
28,543
1,076,357
Spirit Realty Capital, Inc.
60,461
2,438,392
STAG Industrial, Inc.
77,133
2,799,928
Star Holdings *
6,000
93,540
Summit Hotel Properties, Inc.
47,221
304,103
Sun Communities, Inc.
53,385
6,956,066
Sunstone Hotel Investors, Inc.
90,577
922,980
Tanger Factory Outlet Centers, Inc.
44,779
1,048,276
Terreno Realty Corp.
31,569
1,873,304
The Macerich Co.
90,884
1,158,771
The Necessity Retail REIT, Inc.
59,439
422,017
UDR, Inc.
134,099
5,481,967
UMH Properties, Inc.
25,601
426,257
Uniti Group, Inc.
99,003
552,437
Universal Health Realty Income Trust
5,432
259,269
Urban Edge Properties
49,559
842,999
Urstadt Biddle Properties, Inc.,
Class A
13,664
309,900
Ventas, Inc.
171,604
8,326,226
Veris Residential, Inc. *
34,121
637,380
VICI Properties, Inc., Class A
431,877
13,595,488
Vornado Realty Trust
71,356
1,604,083
Welltower, Inc.
214,031
17,582,647
Weyerhaeuser Co.
314,699
10,718,648
Whitestone REIT
20,066
207,081
WP Carey, Inc.
91,752
6,196,013
Xenia Hotels & Resorts, Inc.
45,844
582,219
 
528,981,703
 
Financial Services 7.6%
Acacia Research Corp. *
29,703
118,515
ACRES Commercial Realty Corp. *
3,144
27,762
AFC Gamma, Inc. (a)
8,444
116,696
Affiliated Managers Group, Inc.
15,303
2,121,608
Affirm Holdings, Inc. *
92,102
1,785,858
AG Mortgage Investment Trust, Inc.
10,503
69,320
AGNC Investment Corp.
254,767
2,596,076
Alerus Financial Corp.
8,490
167,932
Ally Financial, Inc.
128,992
3,939,416
AlTi Global, Inc. *(a)
9,783
76,503
A-Mark Precious Metals, Inc.
5,788
236,093
American Express Co.
255,629
43,170,626
Ameriprise Financial, Inc.
44,896
15,644,011
Angel Oak Mortgage, Inc. (a)
9,942
94,250
Annaly Capital Management, Inc.
211,088
4,240,758
Apollo Commercial Real Estate
Finance, Inc.
52,570
620,326
Apollo Global Management, Inc.
185,520
15,158,839
Arbor Realty Trust, Inc. (a)
77,302
1,307,177
Ares Commercial Real Estate Corp.
22,535
240,223
Ares Management Corp., Class A
68,855
6,831,793
  45

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Arlington Asset Investment Corp.,
Class A *
17,051
78,605
ARMOUR Residential REIT, Inc.
86,480
441,913
Artisan Partners Asset Management,
Inc., Class A
28,952
1,201,219
Assetmark Financial Holdings, Inc. *
9,288
277,711
Associated Capital Group, Inc.,
Class A
1,818
67,357
Atlanticus Holdings Corp. *
2,144
87,261
Avantax, Inc. *
16,880
436,854
AvidXchange Holdings, Inc. *
59,353
736,571
B. Riley Financial, Inc. (a)
6,796
377,382
Bakkt Holdings, Inc. *
25,312
41,765
Berkshire Hathaway, Inc., Class B *
765,960
269,587,282
BGC Group, Inc., Class A
147,102
700,206
BlackRock, Inc.
64,372
47,561,252
Blackstone Mortgage Trust, Inc.,
Class A
73,656
1,693,351
Blackstone, Inc.
303,286
31,781,340
Block, Inc. *
233,657
18,816,398
Blue Owl Capital, Inc., Class A
154,428
1,902,553
BM Technologies, Inc. *
10,210
30,732
Bread Financial Holdings, Inc.
21,541
895,459
Bridge Investment Group Holdings,
Inc., Class A
13,376
167,334
Brightsphere Investment Group, Inc.
14,000
297,920
BrightSpire Capital, Inc., Class A
52,714
387,975
Cannae Holdings, Inc. *
31,447
640,890
Cantaloupe, Inc. *
26,721
206,019
Capital One Financial Corp.
163,911
19,180,865
Cass Information Systems, Inc.
5,702
216,391
Cboe Global Markets, Inc.
44,922
6,274,705
Cherry Hill Mortgage Investment
Corp. (a)
15,001
65,254
Chicago Atlantic Real Estate Finance,
Inc.
2,813
42,870
Chimera Investment Corp.
98,492
618,530
Claros Mortgage Trust, Inc.
50,991
628,209
CME Group, Inc.
154,155
30,670,679
Cohen & Steers, Inc.
10,667
685,995
Coinbase Global, Inc., Class A *
71,355
7,036,317
Consumer Portfolio Services, Inc. *
5,099
65,318
Corebridge Financial, Inc.
64,114
1,199,573
Credit Acceptance Corp. *
2,600
1,447,160
Diamond Hill Investment Group, Inc.
1,364
247,580
Discover Financial Services
109,626
11,571,024
Donnelley Financial Solutions, Inc. *
11,044
522,381
Dynex Capital, Inc.
22,582
294,695
Ellington Financial, Inc.
27,679
374,220
Ellington Residential Mortgage REIT
6,980
50,814
Enact Holdings, Inc.
11,655
317,016
Encore Capital Group, Inc. *
9,929
531,202
Enova International, Inc. *
13,316
733,578
Equitable Holdings, Inc.
141,510
4,059,922
Essent Group Ltd.
45,439
2,253,774
Euronet Worldwide, Inc. *
20,230
1,777,610
Evercore, Inc., Class A
15,127
2,043,053
EVERTEC, Inc.
27,273
1,072,647
EZCORP, Inc., Class A *
25,151
227,868
FactSet Research Systems, Inc.
16,463
7,162,064
Federal Agricultural Mortgage Corp.,
Class C
4,048
650,716
Federated Hermes, Inc.
35,595
1,204,179
Fidelity National Information
Services, Inc.
254,866
15,388,809
Finance Of America Cos., Inc.,
Class A *
18,960
37,730
FirstCash Holdings, Inc.
15,825
1,507,806
SECURITY
NUMBER
OF SHARES
VALUE ($)
Fiserv, Inc. *
264,949
33,439,213
FleetCor Technologies, Inc. *
32,034
7,973,583
Flywire Corp. *
28,069
958,276
Focus Financial Partners, Inc.,
Class A *
25,157
1,316,466
Forge Global Holdings, Inc. *
45,163
131,424
Franklin BSP Realty Trust, Inc.
34,676
495,867
Franklin Resources, Inc.
123,813
3,620,292
GCM Grosvenor, Inc., Class A
19,770
155,195
Global Payments, Inc.
112,737
12,429,254
Granite Point Mortgage Trust, Inc.
23,489
134,592
Great Ajax Corp.
9,397
64,839
Green Dot Corp., Class A *
20,026
391,508
Greenhill & Co., Inc.
6,539
96,123
Guild Holdings Co., Class A *
4,604
55,248
Hamilton Lane, Inc., Class A
15,773
1,394,806
Hannon Armstrong Sustainable
Infrastructure Capital, Inc.
45,054
1,176,360
Heritage Global, Inc. *
16,791
63,974
Houlihan Lokey, Inc., Class A
21,516
2,148,373
I3 Verticals, Inc., Class A *
10,325
258,228
Interactive Brokers Group, Inc.,
Class A
44,163
3,856,755
Intercontinental Exchange, Inc.
240,790
27,642,692
International Money Express, Inc. *
13,887
336,482
Invesco Ltd.
196,146
3,295,253
Invesco Mortgage Capital, Inc.
18,784
225,596
Jack Henry & Associates, Inc.
31,368
5,256,336
Jackson Financial, Inc., Class A
24,618
812,886
Janus Henderson Group plc
56,434
1,656,338
Jefferies Financial Group, Inc.
79,987
2,942,722
Katapult Holdings, Inc. *
2,511
44,489
KKR & Co., Inc.
248,808
14,774,219
KKR Real Estate Finance Trust, Inc.
24,272
302,429
Ladder Capital Corp. REIT, Class A
45,751
502,804
Lazard Ltd., Class A
48,303
1,695,435
LendingClub Corp. *
46,098
386,762
loanDepot, Inc., Class A *
36,984
86,912
LPL Financial Holdings, Inc.
33,364
7,652,367
Lument Finance Trust, Inc.
24,035
52,156
Manhattan Bridge Capital, Inc. *
7,727
38,171
MarketAxess Holdings, Inc.
16,313
4,391,786
MarketWise, Inc.
11,705
22,474
Marqeta, Inc., Class A *
185,915
1,037,406
Mastercard, Inc., Class A
359,692
141,819,362
Medallion Financial Corp.
6,557
65,308
Merchants Bancorp
10,145
320,683
MFA Financial, Inc.
38,698
435,739
MGIC Investment Corp.
122,000
2,042,280
Moelis & Co., Class A
28,769
1,404,790
Moody's Corp.
67,795
23,914,686
Morgan Stanley
559,524
51,230,017
Morningstar, Inc.
10,717
2,470,054
Mr Cooper Group, Inc. *
29,229
1,694,405
MSCI, Inc., Class A
34,468
18,891,221
Nasdaq, Inc.
146,423
7,392,897
Navient Corp.
42,815
815,198
Nelnet, Inc., Class A
7,716
761,415
NerdWallet, Inc., Class A *
14,084
157,882
New York Mortgage Trust, Inc.
40,532
411,400
NewtekOne, Inc.
11,192
199,218
Nexpoint Real Estate Finance, Inc.
5,703
97,578
Nicholas Financial, Inc. *
6,032
29,557
NMI Holdings, Inc., Class A *
36,089
963,937
Northern Trust Corp.
89,587
7,177,710
Ocwen Financial Corp. *
3,090
104,318
OneMain Holdings, Inc.
51,828
2,357,137
Open Lending Corp., Class A *
44,911
507,045
Oportun Financial Corp. *
13,044
80,221
46  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Oppenheimer Holdings, Inc., Class A
3,500
133,385
OppFi, Inc. *(a)
7,166
14,905
Orchid Island Capital, Inc. (a)
18,141
189,029
P10, Inc., Class A
18,945
224,498
Paymentus Holdings, Inc., Class A *
8,752
98,810
Payoneer Global, Inc. *
90,535
481,646
PayPal Holdings, Inc. *
479,087
36,324,376
Paysign, Inc. *
9,553
18,342
PennyMac Financial Services, Inc.
12,693
954,894
PennyMac Mortgage Investment
Trust
37,798
483,058
Perella Weinberg Partners, Class A
19,698
194,616
Piper Sandler Cos.
6,420
939,631
PJT Partners, Inc., Class A
10,526
834,817
PRA Group, Inc. *
16,584
395,694
Priority Technology Holdings, Inc. *
9,469
42,611
PROG Holdings, Inc. *
19,924
808,516
Radian Group, Inc.
67,423
1,815,701
Raymond James Financial, Inc.
81,951
9,020,347
Ready Capital Corp.
69,762
807,146
Redwood Trust, Inc.
63,211
475,979
Regional Management Corp.
3,411
110,823
Remitly Global, Inc. *
44,053
849,342
Repay Holdings Corp., Class A *
32,506
271,425
Rithm Capital Corp.
204,769
2,064,072
Robinhood Markets, Inc., Class A *
223,823
2,878,364
Rocket Cos., Inc., Class A *(a)
53,100
580,383
Ryvyl, Inc. *
10,419
15,420
S&P Global, Inc.
141,002
55,626,699
Sachem Capital Corp.
16,351
64,096
Safeguard Scientifics, Inc. *
12,218
18,816
Sculptor Capital Management, Inc.,
Class A
7,668
83,965
Security National Financial Corp.,
Class A *
7,050
60,207
SEI Investments Co.
43,948
2,768,285
Seven Hills Realty Trust
5,666
57,737
Shift4 Payments, Inc., Class A *
24,581
1,695,843
Silvercrest Asset Management
Group, Inc., Class A
3,213
66,959
SLM Corp.
104,756
1,694,952
SoFi Technologies, Inc. *
356,250
4,079,063
Starwood Property Trust, Inc.
132,523
2,748,527
State Street Corp.
144,280
10,451,643
StepStone Group, Inc., Class A
20,845
585,119
Stifel Financial Corp.
45,549
2,894,183
StoneX Group, Inc. *
7,479
688,143
SWK Holdings Corp. *
1,451
23,419
Synchrony Financial
185,087
6,392,905
T. Rowe Price Group, Inc.
97,031
11,960,041
TFS Financial Corp.
19,389
281,334
The Bank of New York Mellon Corp.
309,475
14,037,786
The Carlyle Group, Inc.
93,095
3,318,837
The Charles Schwab Corp. (c)
633,737
41,890,016
The Goldman Sachs Group, Inc.
142,751
50,800,798
The Western Union Co.
164,344
2,001,710
Toast, Inc., Class A *
144,679
3,193,066
TPG RE Finance Trust, Inc.
24,952
194,626
TPG, Inc.
22,889
673,623
Tradeweb Markets, Inc., Class A
49,428
4,042,716
Two Harbors Investment Corp.
42,715
572,808
U.S. Global Investors, Inc., Class A
6,234
19,886
Upstart Holdings, Inc. *(a)
30,973
2,127,535
Usio, Inc. *
17,787
31,305
UWM Holdings Corp. (a)
43,383
284,592
Velocity Financial, Inc. *
8,532
105,626
Victory Capital Holdings, Inc., Class A
11,391
377,726
Virtu Financial, Inc., Class A
37,719
700,065
Virtus Investment Partners, Inc.
2,899
596,411
SECURITY
NUMBER
OF SHARES
VALUE ($)
Visa, Inc., Class A
695,681
165,384,244
Voya Financial, Inc.
42,007
3,119,440
Walker & Dunlop, Inc.
13,123
1,193,931
Waterstone Financial, Inc.
8,861
123,611
Western Asset Mortgage Capital
Corp.
2,307
22,793
Westwood Holdings Group, Inc.
2,653
31,040
WEX, Inc. *
18,367
3,477,791
WisdomTree, Inc.
51,234
356,589
World Acceptance Corp. *
1,349
212,994
 
1,467,961,165
 
Food, Beverage & Tobacco 3.0%
22nd Century Group, Inc. *(a)
6,829
23,765
Alico, Inc.
2,213
57,317
Altria Group, Inc.
768,579
34,908,858
Archer-Daniels-Midland Co.
233,486
19,836,971
B&G Foods, Inc. (a)
31,414
416,550
Benson Hill, Inc. *
52,088
72,402
Beyond Meat, Inc. *(a)
25,353
436,072
Brookfield Realty Capital Corp.,
Class A *(a)
18,823
86,209
Brown-Forman Corp., Class A
23,927
1,720,591
Brown-Forman Corp., Class B
78,424
5,536,734
Bunge Ltd.
64,689
7,029,754
Calavo Growers, Inc.
7,291
275,089
Cal-Maine Foods, Inc.
16,707
771,696
Campbell Soup Co.
86,759
3,975,297
Celsius Holdings, Inc. *
17,570
2,542,379
Coca-Cola Consolidated, Inc.
1,977
1,252,252
Conagra Brands, Inc.
205,018
6,726,641
Constellation Brands, Inc., Class A
69,302
18,905,586
Darling Ingredients, Inc. *
68,469
4,741,478
Farmer Brothers Co. *
11,781
35,343
Flowers Foods, Inc.
82,246
2,032,299
Fresh Del Monte Produce, Inc.
13,508
359,043
Freshpet, Inc. *
20,776
1,527,867
General Mills, Inc.
252,968
18,906,828
Hormel Foods Corp.
124,886
5,105,340
Hostess Brands, Inc., Class A *
57,228
1,375,761
Ingredion, Inc.
28,245
3,142,539
J&J Snack Foods Corp.
6,454
1,034,705
John B. Sanfilippo & Son, Inc.
3,955
430,739
Kellogg Co.
110,261
7,375,358
Keurig Dr Pepper, Inc.
363,595
12,365,866
Lamb Weston Holdings, Inc.
62,379
6,464,336
Lancaster Colony Corp.
8,392
1,616,551
Lifecore Biomedical, Inc. *
10,427
109,066
Limoneira Co.
7,226
112,147
MamaMancini's Holdings, Inc. *
7,154
26,541
McCormick & Co., Inc. - Non Voting
Shares
107,584
9,626,616
MGP Ingredients, Inc.
6,516
742,889
Mission Produce, Inc. *
18,304
212,692
Molson Coors Beverage Co., Class B
80,657
5,627,439
Mondelez International, Inc., Class A
583,799
43,277,020
Monster Beverage Corp. *
327,636
18,835,794
National Beverage Corp. *
9,990
527,971
PepsiCo, Inc.
591,332
110,851,097
Philip Morris International, Inc.
666,854
66,498,681
Pilgrim's Pride Corp. *
19,693
487,796
Post Holdings, Inc. *
22,833
1,947,655
Seaboard Corp.
109
392,945
Seneca Foods Corp., Class A *
2,612
100,732
Sovos Brands, Inc. *
20,681
368,122
Splash Beverage Group, Inc. *
20,360
18,906
The Boston Beer Co., Inc., Class A *
4,028
1,496,160
The Coca-Cola Co.
1,671,157
103,494,753
  47

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
The Duckhorn Portfolio, Inc. *
19,046
239,599
The Hain Celestial Group, Inc. *
38,429
486,895
The Hershey Co.
62,996
14,571,605
The JM Smucker Co.
45,829
6,904,139
The Kraft Heinz Co.
342,631
12,396,390
The Real Good Food Co., Inc. *
3,502
14,708
The Simply Good Foods Co. *
36,026
1,394,566
The Vita Coco Co., Inc. *
10,382
274,292
Tootsie Roll Industries, Inc.
7,422
258,731
TreeHouse Foods, Inc. *
22,159
1,143,626
Turning Point Brands, Inc.
6,017
143,505
Tyson Foods, Inc., Class A
122,724
6,838,181
Universal Corp.
10,446
528,254
Utz Brands, Inc.
29,813
499,368
Vector Group Ltd.
56,584
742,382
Vintage Wine Estates, Inc. *
29,567
29,449
Vital Farms, Inc. *
11,214
131,204
Westrock Coffee Co. *
5,798
64,329
Whole Earth Brands, Inc. *
12,768
51,710
Zevia PBC, Class A *
20,011
55,631
 
582,611,802
 
Health Care Equipment & Services 5.5%
23andMe Holding Co., Class A *
128,087
245,927
Abbott Laboratories
747,415
83,209,712
Acadia Healthcare Co., Inc. *
39,520
3,123,266
Accelerate Diagnostics, Inc. *(a)
3,050
20,313
Accolade, Inc. *
26,536
398,571
Accuray, Inc. *
36,635
156,065
AdaptHealth Corp., Class A *
32,364
444,681
Addus HomeCare Corp. *
7,000
640,990
Agiliti, Inc. *
14,918
256,142
agilon health, Inc. *
124,532
2,384,788
AirSculpt Technologies, Inc. (a)
4,242
38,475
Akili, Inc., Class A *
8,840
10,520
Akumin, Inc. *
29,384
6,038
Align Technology, Inc. *
30,748
11,619,362
Alignment Healthcare, Inc. *
33,563
208,426
Alphatec Holdings, Inc. *
34,291
605,922
Amedisys, Inc. *
14,148
1,285,204
American Well Corp., Class A *
105,430
258,304
AmerisourceBergen Corp.
69,120
12,918,528
AMN Healthcare Services, Inc. *
17,098
1,832,051
AngioDynamics, Inc. *
16,851
146,435
Apollo Medical Holdings, Inc. *
17,158
628,498
Apyx Medical Corp. *
12,488
69,808
Artivion, Inc. *
17,724
308,752
Asensus Surgical, Inc. *
88,725
32,518
AtriCure, Inc. *
20,192
1,117,627
Atrion Corp.
563
315,623
Augmedix, Inc. *
11,589
46,935
Avanos Medical, Inc. *
19,723
482,622
Aveanna Healthcare Holdings, Inc. *
23,737
41,065
AxoGen, Inc. *
16,795
145,109
Axonics, Inc. *
21,846
1,318,843
Baxter International, Inc.
219,344
9,920,929
Becton, Dickinson & Co.
122,015
33,995,819
Beyond Air, Inc. *
14,110
50,937
Biodesix, Inc. *
20,622
24,540
BioSig Technologies, Inc. *
30,064
26,616
Biotricity, Inc. *
2,666
7,358
Bioventus, Inc., Class A *(a)
16,149
58,459
Boston Scientific Corp. *
615,605
31,919,119
Brookdale Senior Living, Inc. *
79,540
279,981
Butterfly Network, Inc. *(a)
62,200
159,854
Cano Health, Inc. *
94,011
138,196
Cardinal Health, Inc.
109,178
9,986,512
CareMax, Inc. *
30,662
73,282
SECURITY
NUMBER
OF SHARES
VALUE ($)
Castle Biosciences, Inc. *
11,444
192,831
Centene Corp. *
235,366
16,026,071
Certara, Inc. *
45,805
891,823
Cerus Corp. *
76,254
234,100
Chemed Corp.
6,439
3,355,299
Cigna Corp.
127,397
37,594,855
ClearPoint Neuro, Inc. *
10,369
71,235
Clover Health Investments Corp.,
Class A *
144,282
180,353
Community Health Systems, Inc. *
51,561
226,353
Computer Programs & Systems,
Inc. *
6,539
171,453
CONMED Corp.
13,083
1,583,697
CorVel Corp. *
3,909
799,625
Cross Country Healthcare, Inc. *
14,884
384,007
Cue Health, Inc. *
41,972
18,678
Cutera, Inc. *
7,952
159,120
CVRx, Inc. *
466
8,355
CVS Health Corp.
550,289
41,101,085
CytoSorbents Corp. *
15,994
57,099
DarioHealth Corp. *
10,290
38,382
DaVita, Inc. *
23,580
2,404,924
Definitive Healthcare Corp., Class A *
18,692
221,126
Delcath Systems, Inc. *
6,977
30,559
Dentsply Sirona, Inc.
91,479
3,798,208
DexCom, Inc. *
166,255
20,708,723
DocGo, Inc. *
34,222
287,123
Doximity, Inc., Class A *
50,729
1,812,547
Edwards Lifesciences Corp. *
261,152
21,432,745
ElectroCore, Inc. *
3,035
13,658
Electromed, Inc. *
3,594
36,659
Elevance Health, Inc.
102,026
48,118,522
Embecta Corp.
24,775
528,699
Encompass Health Corp.
42,981
2,838,035
Enhabit, Inc. *
23,015
315,996
Enovis Corp. *
20,451
1,306,819
Envista Holdings Corp. *
70,523
2,426,696
enVVeno Medical Corp. *
2,462
12,113
Enzo Biochem, Inc. *
13,471
19,937
Evolent Health, Inc., Class A *
41,022
1,246,659
FONAR Corp. *
3,312
55,907
Forian, Inc. *
7,513
21,637
Fulgent Genetics, Inc. *
9,036
350,868
GE Healthcare, Inc. *
168,116
13,113,048
GeneDx Holdings Corp., Class A *
7,651
56,694
Glaukos Corp. *
20,801
1,604,589
Globus Medical, Inc., Class A *
34,379
2,072,022
GoodRx Holdings, Inc., Class A *
32,958
304,532
Great Elm Group, Inc. *
9,772
19,153
Guardant Health, Inc. *
49,060
1,914,321
Haemonetics Corp. *
21,471
1,980,485
HCA Healthcare, Inc.
88,304
24,090,214
Health Catalyst, Inc. *
24,057
337,520
HealthEquity, Inc. *
36,896
2,506,714
HealthStream, Inc.
10,329
232,196
HeartBeam, Inc. *
14,543
44,211
Henry Schein, Inc. *
56,228
4,430,204
Hims & Hers Health, Inc. *
54,461
488,515
Hologic, Inc. *
104,913
8,332,190
Humana, Inc.
53,819
24,586,134
Hyperfine, Inc. *
14,647
42,623
ICU Medical, Inc. *
8,585
1,529,675
IDEXX Laboratories, Inc. *
35,574
19,733,965
Inari Medical, Inc. *
22,228
1,268,552
InfuSystem Holdings, Inc. *
10,655
109,960
Innovage Holding Corp. *
7,015
50,508
Inogen, Inc. *
10,293
84,094
Inspire Medical Systems, Inc. *
12,515
3,601,942
Insulet Corp. *
29,903
8,275,655
48  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Integer Holdings Corp. *
14,115
1,305,355
Integra LifeSciences Holdings Corp. *
30,669
1,394,519
Intuitive Surgical, Inc. *
150,771
48,910,112
Invitae Corp. *(a)
111,935
158,948
iRadimed Corp.
3,278
144,003
iRhythm Technologies, Inc. *
13,221
1,388,998
Know Labs, Inc. *
35,048
30,159
KORU Medical Systems, Inc. *
12,813
33,314
Laboratory Corp. of America
Holdings
37,926
8,113,509
Lantheus Holdings, Inc. *
29,308
2,534,849
LeMaitre Vascular, Inc.
8,388
530,373
LENSAR, Inc. *
11,846
38,855
LifeMD, Inc. *
20,209
95,791
LifeStance Health Group, Inc. *
40,123
376,755
LivaNova plc *
22,985
1,343,473
Masimo Corp. *
20,824
2,546,775
McKesson Corp.
58,053
23,360,527
Medtronic plc
570,996
50,110,609
Merit Medical Systems, Inc. *
24,753
1,848,307
Milestone Scientific, Inc. *
34,400
37,496
ModivCare, Inc. *
5,394
235,934
Molina Healthcare, Inc. *
24,983
7,607,074
Multiplan Corp. *
104,525
224,729
National HealthCare Corp.
5,672
334,761
National Research Corp.
6,098
261,665
Neogen Corp. *
93,352
2,164,833
NeoGenomics, Inc. *
54,415
943,012
Neuronetics, Inc. *
13,837
27,259
NeuroPace, Inc. *
4,356
18,077
Nevro Corp. *
15,398
384,796
NextGen Healthcare, Inc. *
21,979
365,511
Novocure Ltd. *
39,203
1,279,586
NuVasive, Inc. *
22,488
926,731
OmniAb, Inc., Class A *(b)
2,395
0
OmniAb, Inc., Class B *(b)
2,395
0
Omnicell, Inc. *
19,225
1,214,059
OPKO Health, Inc. *
185,881
345,739
OptimizeRx Corp. *
6,885
96,046
Option Care Health, Inc. *
70,503
2,381,591
OraSure Technologies, Inc. *
30,500
143,960
Orchestra BioMed Holdings, Inc. *(a)
5,514
32,367
Orthofix Medical, Inc. *
14,213
279,854
OrthoPediatrics Corp. *
7,124
297,427
Outset Medical, Inc. *
20,864
429,381
Owens & Minor, Inc. *
33,542
645,348
P3 Health Partners, Inc. *
13,641
30,283
Paragon 28, Inc. *
11,248
198,752
Patterson Cos., Inc.
37,137
1,221,436
PAVmed, Inc. *
79,503
29,861
Pediatrix Medical Group, Inc. *
35,753
490,889
Penumbra, Inc. *
16,404
4,976,317
PetIQ, Inc., Class A *
11,858
198,503
Phreesia, Inc. *
23,389
741,899
Premier, Inc., Class A
50,734
1,407,869
Privia Health Group, Inc. *
40,896
1,141,816
PROCEPT BioRobotics Corp. *
13,654
470,244
Pro-Dex, Inc. *
1,916
34,488
Progyny, Inc. *
33,180
1,385,597
ProSomnus, Inc. *
6,286
12,886
Pulmonx Corp. *
15,144
212,016
Pulse Biosciences, Inc. *(a)
6,773
53,507
Quest Diagnostics, Inc.
47,387
6,407,196
QuidelOrtho Corp. *
23,249
2,031,033
R1 RCM, Inc. *
59,878
1,034,692
RadNet, Inc. *
24,592
813,503
ResMed, Inc.
62,915
13,989,150
Rockwell Medical, Inc. *
7,846
28,010
RxSight, Inc. *
8,369
279,274
SECURITY
NUMBER
OF SHARES
VALUE ($)
Sanara Medtech, Inc. *
1,654
69,236
Schrodinger, Inc. *
22,939
1,199,939
Select Medical Holdings Corp.
44,439
1,333,614
Semler Scientific, Inc. *
1,873
45,982
Senseonics Holdings, Inc. *(a)
216,699
196,308
Sensus Healthcare, Inc. *
6,026
18,078
Sharecare, Inc. *
140,168
194,834
Shockwave Medical, Inc. *
15,719
4,096,371
SI-BONE, Inc. *
13,781
354,999
Sight Sciences, Inc. *
12,929
113,775
Silk Road Medical, Inc. *
17,297
395,063
Simulations Plus, Inc.
7,164
356,767
SmileDirectClub, Inc. *
95,034
81,729
Sonendo, Inc. *
24,344
31,404
Sonida Senior Living, Inc. *
1,604
15,799
STAAR Surgical Co. *
21,071
1,154,059
Stereotaxis, Inc. *
22,696
35,179
STERIS plc
42,515
9,589,258
Streamline Health Solutions, Inc. *
29,028
38,898
Stryker Corp.
144,834
41,047,404
Surgery Partners, Inc. *
29,768
1,149,938
Surmodics, Inc. *
7,188
230,519
Tabula Rasa HealthCare, Inc. *
11,729
94,184
Tactile Systems Technology, Inc. *
10,021
229,581
Talkspace, Inc. *
38,082
65,882
Tandem Diabetes Care, Inc. *
27,515
960,824
Tela Bio, Inc. *
6,599
64,604
Teladoc Health, Inc. *
70,938
2,111,825
Teleflex, Inc.
20,373
5,117,086
Tenet Healthcare Corp. *
43,663
3,262,936
The Cooper Cos., Inc.
21,405
8,374,920
The Ensign Group, Inc.
24,076
2,332,242
The Joint Corp. *
7,452
100,602
The Pennant Group, Inc. *
13,217
151,731
TransMedics Group, Inc. *
13,741
1,280,386
Treace Medical Concepts, Inc. *
15,042
342,807
U.S. Physical Therapy, Inc.
6,261
727,966
UFP Technologies, Inc. *
2,930
570,368
UnitedHealth Group, Inc.
400,379
202,739,914
Universal Health Services, Inc.,
Class B
26,957
3,745,945
Utah Medical Products, Inc.
1,365
134,220
Varex Imaging Corp. *
17,095
398,143
Veeva Systems, Inc., Class A *
62,409
12,745,166
Veradigm, Inc. *
45,945
621,176
Vicarious Surgical, Inc. *
13,695
22,460
Vivani Medical, Inc. *
30,017
37,821
VolitionRX Ltd. *
15,384
20,615
Zimmer Biomet Holdings, Inc.
89,530
12,368,570
Zimvie, Inc. *
8,294
113,794
Zomedica Corp. *
412,334
86,590
Zynex, Inc. *(a)
7,546
73,649
 
1,065,627,867
 
Household & Personal Products 1.3%
BellRing Brands, Inc. *
56,724
2,039,228
Central Garden & Pet Co. *
4,564
184,751
Central Garden & Pet Co., Class A *
17,026
650,734
Church & Dwight Co., Inc.
104,819
10,028,034
Colgate-Palmolive Co.
355,661
27,122,708
Coty, Inc., Class A *
158,018
1,902,537
Edgewell Personal Care Co.
22,085
870,370
elf Beauty, Inc. *
21,719
2,535,042
Energizer Holdings, Inc.
28,154
1,005,098
Herbalife Ltd. *
41,704
677,273
Inter Parfums, Inc.
7,612
1,138,451
Kimberly-Clark Corp.
144,357
18,636,489
Lifevantage Corp.
1,750
8,855
  49

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Medifast, Inc.
4,730
481,940
Natural Alternatives International,
Inc. *
3,654
26,309
Natural Health Trends Corp.
6,750
39,285
Nature's Sunshine Products, Inc. *
4,762
66,430
Nu Skin Enterprises, Inc., Class A
22,078
648,872
Oil-Dri Corp. of America
1,961
123,092
Olaplex Holdings, Inc. *
35,606
128,181
Reynolds Consumer Products, Inc.
22,740
629,443
Spectrum Brands Holdings, Inc.
17,507
1,372,724
The Beauty Health Co. *
39,541
327,795
The Clorox Co.
53,179
8,055,555
The Estee Lauder Cos., Inc., Class A
99,464
17,903,520
The Honest Co., Inc. *
28,282
42,706
The Procter & Gamble Co.
1,013,245
158,370,193
Thorne HealthTech, Inc. *
3,990
23,820
USANA Health Sciences, Inc. *
4,815
312,541
Veru, Inc. *(a)
21,463
27,043
WD-40 Co.
5,885
1,350,607
 
256,729,626
 
Insurance 2.1%
Aflac, Inc.
236,129
17,081,572
Ambac Financial Group, Inc. *
18,028
254,916
American Equity Investment Life
Holding Co. *
26,839
1,440,449
American Financial Group, Inc.
30,029
3,651,827
American International Group, Inc.
311,570
18,781,440
AMERISAFE, Inc.
8,109
422,641
Aon plc, Class A
87,710
27,935,635
Arch Capital Group Ltd. *
159,636
12,402,121
Argo Group International Holdings
Ltd.
15,722
466,943
Arthur J. Gallagher & Co.
92,163
19,796,612
Assurant, Inc.
22,911
3,081,759
Assured Guaranty Ltd.
25,546
1,527,140
Axis Capital Holdings Ltd.
33,514
1,847,292
Brighthouse Financial, Inc. *
27,763
1,447,285
Brown & Brown, Inc.
101,007
7,115,943
BRP Group, Inc., Class A *
28,110
700,220
Chubb Ltd.
177,448
36,272,146
Cincinnati Financial Corp.
67,599
7,272,300
Citizens, Inc., Class A *(a)
24,606
63,237
CNA Financial Corp.
11,952
468,040
CNO Financial Group, Inc.
48,627
1,250,686
Crawford & Co., Class A
10,215
98,166
Donegal Group, Inc., Class A
6,507
94,807
eHealth, Inc. *
13,577
102,642
Employers Holdings, Inc.
11,659
450,387
Enstar Group Ltd. *
5,831
1,492,036
Erie Indemnity Co., Class A
10,607
2,354,330
Everest Re Group Ltd.
18,410
6,636,989
F&G Annuities & Life, Inc.
7,821
204,904
Fidelity National Financial, Inc.
116,681
4,570,395
First American Financial Corp.
44,086
2,794,171
Genworth Financial, Inc., Class A *
204,265
1,196,993
Globe Life, Inc.
38,524
4,321,237
GoHealth, Inc., Class A *
3,311
61,320
Goosehead Insurance, Inc., Class A *
10,057
672,512
Greenlight Capital Re Ltd., Class A *
9,834
101,093
Hagerty, Inc., Class A *
15,234
134,516
Hallmark Financial Services, Inc. *
1,236
5,833
HCI Group, Inc.
3,137
197,035
Heritage Insurance Holdings, Inc. *
10,125
45,664
Hippo Holdings, Inc. *
7,344
126,317
Horace Mann Educators Corp.
17,846
537,700
Investors Title Co.
697
109,115
James River Group Holdings Ltd.
15,431
285,319
SECURITY
NUMBER
OF SHARES
VALUE ($)
Kemper Corp.
27,177
1,385,212
Kingsway Financial Services, Inc. *
5,983
50,078
Kinsale Capital Group, Inc.
9,361
3,488,189
Lemonade, Inc. *(a)
20,571
478,276
Lincoln National Corp.
66,028
1,851,425
Loews Corp.
81,009
5,075,214
Maiden Holdings Ltd. *
32,952
64,256
Markel Group, Inc. *
5,740
8,321,335
Marsh & McLennan Cos., Inc.
212,300
40,001,566
MBIA, Inc. *
22,069
192,883
Mercury General Corp.
11,235
361,542
MetLife, Inc.
277,146
17,451,884
Midwest Holding, Inc. *
576
15,293
National Western Life Group, Inc.,
Class A
989
417,032
NI Holdings, Inc. *
3,782
52,683
Old Republic International Corp.
116,992
3,225,469
Oscar Health, Inc., Class A *
48,793
366,923
Palomar Holdings, Inc. *
10,660
645,570
Primerica, Inc.
15,617
3,321,736
Principal Financial Group, Inc.
96,588
7,714,484
ProAssurance Corp.
24,020
403,536
Prudential Financial, Inc.
158,079
15,253,043
Reinsurance Group of America, Inc.
28,378
3,982,852
RenaissanceRe Holdings Ltd.
21,626
4,038,872
RLI Corp.
17,462
2,329,605
Root, Inc., Class A *(a)
1,582
17,228
Ryan Specialty Holdings, Inc.,
Class A *
40,140
1,739,668
Safety Insurance Group, Inc.
6,404
461,088
Selective Insurance Group, Inc.
25,774
2,659,619
Selectquote, Inc. *
53,616
101,334
SiriusPoint Ltd. *
34,981
326,723
Skyward Specialty Insurance Group,
Inc. *
3,906
92,533
Stewart Information Services Corp.
12,159
573,054
The Allstate Corp.
113,007
12,733,629
The Hanover Insurance Group, Inc.
15,508
1,759,848
The Hartford Financial Services
Group, Inc.
133,291
9,580,957
The Progressive Corp.
251,077
31,630,680
The Travelers Cos., Inc.
98,908
17,072,510
Tiptree, Inc.
9,652
142,560
Trupanion, Inc. *
14,817
457,104
United Fire Group, Inc.
9,091
218,548
United Insurance Holdings Corp. *
6,030
31,959
Universal Insurance Holdings, Inc.
11,138
172,973
Unum Group
79,372
3,858,273
W.R. Berkley Corp.
87,191
5,378,813
White Mountains Insurance Group
Ltd.
1,116
1,726,474
Willis Towers Watson plc
45,427
9,600,088
 
410,698,306
 
Materials 2.7%
5E Advanced Materials, Inc. *(a)
11,374
39,923
AdvanSix, Inc.
11,778
472,416
Air Products & Chemicals, Inc.
95,494
29,157,183
Albemarle Corp.
50,174
10,650,937
Alcoa Corp.
76,743
2,777,329
Alpha Metallurgical Resources, Inc.
5,605
970,898
Alto Ingredients, Inc. *
33,727
135,583
Amcor plc
636,476
6,530,244
American Vanguard Corp.
11,255
203,265
Ampco-Pittsburgh Corp. *
7,848
28,410
AptarGroup, Inc.
28,052
3,407,196
Arconic Corp. *
42,545
1,271,670
50  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ascent Industries Co. *
4,646
42,418
Ashland, Inc.
20,917
1,910,977
Aspen Aerogels, Inc. *
28,080
234,187
ATI, Inc. *
55,065
2,625,499
Avery Dennison Corp.
34,814
6,406,124
Avient Corp.
37,069
1,502,407
Axalta Coating Systems Ltd. *
95,044
3,041,408
Balchem Corp.
13,911
1,874,368
Ball Corp.
135,029
7,924,852
Berry Global Group, Inc.
51,759
3,393,838
Cabot Corp.
24,259
1,722,389
Carpenter Technology Corp.
20,540
1,229,524
Celanese Corp., Class A
43,102
5,404,560
Century Aluminum Co. *
22,913
213,091
CF Industries Holdings, Inc.
83,854
6,882,736
Chase Corp.
3,369
424,123
Clearwater Paper Corp. *
7,639
246,205
Cleveland-Cliffs, Inc. *
221,368
3,907,145
Coeur Mining, Inc. *
145,423
447,903
Commercial Metals Co.
49,853
2,852,589
Compass Minerals International, Inc.
14,554
551,160
Contango ORE, Inc. *
1,750
32,550
Core Molding Technologies, Inc. *
2,885
69,586
Corteva, Inc.
305,022
17,212,391
Crown Holdings, Inc.
51,539
4,780,758
Dakota Gold Corp. *
24,511
72,062
Danimer Scientific, Inc. *(a)
37,658
105,819
Dow, Inc.
304,440
17,191,727
DuPont de Nemours, Inc.
197,892
15,362,356
Eagle Materials, Inc.
15,456
2,849,623
Eastman Chemical Co.
51,057
4,369,458
Ecolab, Inc.
106,517
19,507,523
Ecovyst, Inc. *
29,513
362,715
Element Solutions, Inc.
95,542
2,002,560
Flotek Industries, Inc. *
33,484
27,691
FMC Corp.
54,126
5,208,545
Freeport-McMoRan, Inc.
616,909
27,544,987
Friedman Industries, Inc.
2,834
50,417
FutureFuel Corp.
9,399
91,358
Gatos Silver, Inc. *
17,898
92,891
Ginkgo Bioworks Holdings, Inc. *(a)
474,940
1,192,099
Glatfelter Corp. *
18,834
64,036
Gold Resource Corp.
39,537
25,157
Golden Minerals Co. *
2,987
3,973
Graphic Packaging Holding Co.
131,933
3,192,779
Greif, Inc., Class A
13,364
988,535
H.B. Fuller Co.
23,053
1,706,614
Hawkins, Inc.
8,063
376,945
Haynes International, Inc.
5,389
270,312
Hecla Mining Co.
248,268
1,430,024
Huntsman Corp.
73,671
2,193,186
Hycroft Mining Holding Corp. *
60,156
26,890
Idaho Strategic Resources, Inc. *
4,628
24,760
Ingevity Corp. *
14,768
945,447
Innospec, Inc.
10,861
1,163,648
International Flavors & Fragrances,
Inc.
110,901
9,383,334
International Paper Co.
148,722
5,362,915
Intrepid Potash, Inc. *
3,965
109,037
Kaiser Aluminum Corp.
6,881
558,737
Knife River Corp. *
21,482
933,823
Koppers Holdings, Inc.
8,623
329,916
Kronos Worldwide, Inc.
9,190
85,926
Linde plc
210,384
82,190,717
Livent Corp. *
76,633
1,886,704
Loop Industries, Inc. *(a)
9,523
29,617
Louisiana-Pacific Corp.
31,007
2,360,563
LSB Industries, Inc. *
21,659
241,931
SECURITY
NUMBER
OF SHARES
VALUE ($)
LyondellBasell Industries N.V.,
Class A
109,215
10,796,995
Martin Marietta Materials, Inc.
26,743
11,939,680
Materion Corp.
8,847
1,054,032
Mativ Holdings, Inc.
23,942
376,847
McEwen Mining, Inc. *
18,704
161,977
Mercer International, Inc.
18,274
162,639
Minerals Technologies, Inc.
13,718
841,599
MP Materials Corp. *
39,579
943,959
Myers Industries, Inc.
15,888
311,564
NewMarket Corp.
2,823
1,275,149
Newmont Corp.
340,162
14,599,753
Northern Technologies International
Corp.
2,657
33,080
Nucor Corp.
107,902
18,568,855
O-I Glass, Inc. *
65,831
1,511,480
Olin Corp.
51,458
2,968,097
Olympic Steel, Inc.
4,090
228,181
Origin Materials, Inc. *
53,958
241,732
Orion S.A.
23,188
508,281
Packaging Corp. of America
38,557
5,912,716
Pactiv Evergreen, Inc.
15,063
129,692
Perimeter Solutions S.A. *
64,240
357,174
Piedmont Lithium, Inc. *
6,862
376,449
PPG Industries, Inc.
101,526
14,609,591
PureCycle Technologies, Inc. *(a)
55,133
652,775
Quaker Chemical Corp.
5,787
1,159,599
Ramaco Resources, Inc., Class A
10,591
97,437
Ramaco Resources, Inc., Class B *
2,118
30,139
Ranpak Holdings Corp., Class A *
15,372
98,535
Rayonier Advanced Materials, Inc. *
26,864
127,067
Reliance Steel & Aluminum Co.
25,215
7,384,465
Royal Gold, Inc.
27,458
3,298,804
RPM International, Inc.
55,314
5,714,489
Ryerson Holding Corp.
8,161
346,761
Schnitzer Steel Industries, Inc.,
Class A
11,633
421,231
Sealed Air Corp.
62,347
2,844,270
Sensient Technologies Corp.
17,965
1,150,479
Silgan Holdings, Inc.
35,551
1,558,911
Smith-Midland Corp. *
1,800
43,038
Solitario Zinc Corp. *
44,899
23,347
Sonoco Products Co.
42,541
2,494,604
Steel Dynamics, Inc.
69,257
7,381,411
Stepan Co.
9,304
891,509
Summit Materials, Inc., Class A *
50,640
1,832,166
SunCoke Energy, Inc.
34,174
303,465
Sylvamo Corp.
13,382
656,655
The Chemours Co.
63,948
2,364,797
The Mosaic Co.
142,519
5,809,074
The Scotts Miracle-Gro Co.
17,796
1,246,432
The Sherwin-Williams Co.
100,950
27,912,675
TimkenSteel Corp. *
16,743
390,112
Tredegar Corp.
10,770
74,528
TriMas Corp.
17,344
446,781
Trinseo plc
14,826
261,234
Tronox Holdings plc
49,611
659,330
U.S. Antimony Corp. *
59,275
25,548
U.S. Gold Corp. *
7,270
32,570
United States Lime & Minerals, Inc.
962
197,797
United States Steel Corp.
98,503
2,511,826
Universal Stainless & Alloy Products,
Inc. *
5,210
83,412
Valhi, Inc.
1,628
24,974
Vulcan Materials Co.
57,312
12,637,296
Warrior Met Coal, Inc.
22,693
1,004,165
Westlake Corp.
14,880
2,046,000
  51

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Westrock Co.
111,369
3,707,474
Worthington Industries, Inc.
12,939
965,508
 
531,317,411
 
Media & Entertainment 7.2%
Activision Blizzard, Inc. *
306,567
28,437,155
AdTheorent Holding Co., Inc. *
21,011
34,038
Advantage Solutions, Inc. *
42,984
111,329
Alphabet, Inc., Class A *
2,555,524
339,169,145
Alphabet, Inc., Class C *
2,191,805
291,751,164
Altice USA, Inc., Class A *
96,653
327,654
AMC Entertainment Holdings, Inc.,
Class A *(a)
221,629
1,101,496
AMC Networks, Inc., Class A *
11,743
148,197
Angi, Inc., Class A *
33,311
128,914
Atlanta Braves Holdings, Inc.,
Class A *
4,353
206,071
Atlanta Braves Holdings, Inc.,
Class C *
19,336
787,362
Boston Omaha Corp., Class A *
8,359
163,168
Bumble, Inc., Class A *
43,395
803,675
Cable One, Inc.
2,015
1,458,739
Cardlytics, Inc. *
13,998
163,357
Cargurus, Inc. *
38,901
881,497
Cars.com, Inc. *
26,286
599,584
Charter Communications, Inc.,
Class A *
44,726
18,122,528
Cinemark Holdings, Inc. *
47,010
784,597
Clear Channel Outdoor Holdings,
Inc. *
219,707
395,473
Comcast Corp., Class A
1,788,672
80,955,295
comScore, Inc. *
46,051
35,653
Cumulus Media, Inc., Class A *
7,422
47,055
CuriosityStream, Inc. *
23,041
25,576
Daily Journal Corp. *
412
119,282
DHI Group, Inc. *
17,605
66,371
DISH Network Corp., Class A *
107,474
852,269
Electronic Arts, Inc.
111,285
15,173,710
Emerald Holding, Inc. *
6,732
33,323
Endeavor Group Holdings, Inc.,
Class A *
77,760
1,835,136
Entravision Communications Corp.,
Class A
34,841
166,540
Eventbrite, Inc., Class A *
35,982
414,153
EverQuote, Inc., Class A *
8,283
58,644
Fluent, Inc. *
30,212
19,638
Fox Corp., Class A
115,683
3,869,596
Fox Corp., Class B
58,734
1,844,835
fuboTV, Inc. *
129,071
434,969
Gaia, Inc., Class A *
10,263
24,118
Gannett Co., Inc. *
69,602
196,278
Golden Matrix Group, Inc. *
8,251
16,915
Gray Television, Inc.
36,454
345,219
Grindr, Inc. *
10,471
61,779
Harte Hanks, Inc. *
3,347
19,245
IAC, Inc. *
32,947
2,293,111
iHeartMedia, Inc., Class A *
43,715
206,772
Innovid Corp. *
35,745
42,894
Integral Ad Science Holding Corp. *
20,230
421,795
IZEA Worldwide, Inc. *
8,623
20,609
John Wiley & Sons, Inc., Class A
18,846
645,099
Lee Enterprises, Inc. *
1,545
21,475
Liberty Broadband Corp., Class A *
6,963
618,523
Liberty Broadband Corp., Class C *
50,527
4,503,472
Liberty Media Corp. - Liberty
Formula One, Class A *
10,153
652,635
SECURITY
NUMBER
OF SHARES
VALUE ($)
Liberty Media Corp. - Liberty
Formula One, Class C *
89,532
6,500,023
Liberty Media Corp. - Liberty
SiriusXM, Class A *
31,810
1,008,377
Liberty Media Corp. - Liberty
SiriusXM, Class C *
66,099
2,103,931
Lions Gate Entertainment Corp.,
Class A *
25,512
195,932
Lions Gate Entertainment Corp.,
Class B *
53,349
390,515
Live Nation Entertainment, Inc. *
61,934
5,434,708
LiveOne, Inc. *
39,793
76,800
Loop Media, Inc. *
15,423
35,473
Madison Square Garden
Entertainment Corp., Class A *
13,647
475,461
Madison Square Garden Sports
Corp.
7,599
1,616,687
Magnite, Inc. *
51,501
779,210
Marchex, Inc., Class B *
24,313
47,653
Match Group, Inc. *
121,155
5,634,919
MediaAlpha, Inc., Class A *
860
8,720
Meta Platforms, Inc., Class A *
951,616
303,184,858
Netflix, Inc. *
191,261
83,957,841
News Corp., Class A
162,526
3,221,265
News Corp., Class B
50,531
1,016,178
Nexstar Media Group, Inc., Class A
15,368
2,869,513
Nextdoor Holdings, Inc. *
62,506
194,394
Omnicom Group, Inc.
85,432
7,229,256
Outbrain, Inc. *
10,250
54,427
Paramount Global, Class B
222,548
3,567,444
Pinterest, Inc., Class A *
255,272
7,400,335
Playstudios, Inc. *
40,501
199,670
Playtika Holding Corp. *
40,125
479,092
PubMatic, Inc., Class A *
19,401
387,826
QuinStreet, Inc. *
21,564
191,488
Quotient Technology, Inc. *
36,556
144,031
Reading International, Inc., Class B *
1,251
26,396
Reservoir Media, Inc. *(a)
14,527
79,317
ROBLOX Corp., Class A *
158,595
6,224,854
Roku, Inc. *
53,007
5,102,984
Rumble, Inc. *(a)
34,234
295,097
Saga Communications, Inc., Class A
1,989
43,042
Scholastic Corp.
12,861
555,467
Sciplay Corp., Class A *
5,387
105,585
Shutterstock, Inc.
10,396
534,874
Sinclair, Inc.
15,351
213,532
Sirius XM Holdings, Inc. (a)
301,220
1,536,222
Skillz, Inc., Class A *
6,303
75,384
Snap, Inc., Class A *
427,746
4,859,195
Sphere Entertainment Co. *
11,111
471,662
Stagwell, Inc., Class A *
43,953
294,925
System1, Inc. *
6,938
19,843
Take-Two Interactive Software, Inc. *
68,077
10,411,696
TechTarget, Inc. *
11,292
366,764
TEGNA, Inc.
97,284
1,644,100
The Arena Group Holdings, Inc. *
4,958
18,642
The E.W. Scripps Co., Class A *
25,886
255,236
The Interpublic Group of Cos., Inc.
164,518
5,631,451
The Marcus Corp.
10,398
162,209
The New York Times Co., Class A
70,255
2,863,594
The Trade Desk, Inc., Class A *
190,683
17,401,731
The Walt Disney Co. *
785,169
69,793,672
Thryv Holdings, Inc. *
12,739
301,914
Townsquare Media, Inc., Class A
6,366
76,265
Travelzoo *
4,020
33,125
TripAdvisor, Inc. *
45,081
840,761
Troika Media Group, Inc. *(a)
10,340
26,677
TrueCar, Inc. *
41,115
100,732
52  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Urban One, Inc. *
6,214
35,296
Urban One, Inc., Class A *
6,023
34,512
Vimeo, Inc. *
71,535
294,724
Vivid Seats, Inc., Class A *
9,000
74,970
Warner Bros Discovery, Inc. *
952,299
12,446,548
Warner Music Group Corp., Class A
50,430
1,591,066
WideOpenWest, Inc. *
23,881
196,779
World Wrestling Entertainment, Inc.,
Class A
18,192
1,910,160
Yelp, Inc., Class A *
29,475
1,327,849
Zedge, Inc., Class B *
11,319
23,770
Ziff Davis, Inc. *
20,262
1,469,400
ZipRecruiter, Inc., Class A *
20,819
385,568
ZoomInfo Technologies, Inc.,
Class A *
115,990
2,965,864
 
1,393,146,608
 
Pharmaceuticals, Biotechnology & Life Sciences 7.4%
10X Genomics, Inc., Class A *
42,052
2,648,435
2seventy bio, Inc. *
22,450
170,395
4D Molecular Therapeutics, Inc. *
16,081
294,282
89bio, Inc. *
24,461
387,462
Aadi Bioscience, Inc. *
8,294
44,207
AbbVie, Inc.
758,107
113,397,645
Abeona Therapeutics, Inc. *
8,850
30,267
Absci Corp. *
23,263
51,179
ACADIA Pharmaceuticals, Inc. *
51,966
1,519,486
AcelRx Pharmaceuticals, Inc. *
6,381
6,572
ACELYRIN, Inc. *
13,426
333,502
Achieve Life Sciences, Inc. *
8,279
46,362
Aclaris Therapeutics, Inc. *
25,691
253,570
Acrivon Therapeutics, Inc. *
3,170
39,435
Actinium Pharmaceuticals, Inc. *
12,526
89,185
Acumen Pharmaceuticals, Inc. *(a)
9,845
72,853
Adaptive Biotechnologies Corp. *
49,145
414,784
Adicet Bio, Inc. *
13,243
35,359
ADMA Biologics, Inc. *
83,730
347,479
Adverum Biotechnologies, Inc. *
36,413
79,380
Aerovate Therapeutics, Inc. *
3,663
63,919
Agenus, Inc. *
140,185
213,081
Agilent Technologies, Inc.
126,516
15,405,853
Agios Pharmaceuticals, Inc. *
24,055
637,939
Akebia Therapeutics, Inc. *
79,804
133,273
Akero Therapeutics, Inc. *
16,005
694,617
Akoya Biosciences, Inc. *
7,848
54,151
Alaunos Therapeutics, Inc. *
110,297
47,670
Aldeyra Therapeutics, Inc. *
19,049
154,583
Alector, Inc. *
26,074
178,868
Aligos Therapeutics, Inc. *
31,383
27,931
Alkermes plc *
71,451
2,092,085
Allakos, Inc. *
29,756
160,087
Allogene Therapeutics, Inc. *
38,872
192,805
Allovir, Inc. *
18,004
59,233
Alnylam Pharmaceuticals, Inc. *
53,540
10,461,716
Alpha Teknova, Inc. *
2,787
9,448
Alpine Immune Sciences, Inc. *
13,710
171,923
Altimmune, Inc. *
20,396
67,511
ALX Oncology Holdings, Inc. *
10,211
62,389
Alzamend Neuro, Inc. *
53,080
24,045
Amgen, Inc.
229,692
53,782,382
Amicus Therapeutics, Inc. *
109,362
1,489,510
Amneal Pharmaceuticals, Inc. *
45,474
145,517
Amphastar Pharmaceuticals, Inc. *
16,418
996,408
Amylyx Pharmaceuticals, Inc. *
17,199
403,317
AnaptysBio, Inc. *
7,265
143,193
Anavex Life Sciences Corp. *
36,218
298,798
ANI Pharmaceuticals, Inc. *
6,063
318,611
Anika Therapeutics, Inc. *
5,811
135,571
SECURITY
NUMBER
OF SHARES
VALUE ($)
Anixa Biosciences, Inc. *
12,785
45,898
Annexon, Inc. *
19,332
66,695
Annovis Bio, Inc. *(a)
2,061
28,421
Apellis Pharmaceuticals, Inc. *
42,468
1,093,551
Applied Therapeutics, Inc. *
24,504
43,617
AquaBounty Technologies, Inc. *
44,032
17,040
Aquestive Therapeutics, Inc. *
19,078
41,781
Aravive, Inc. *(a)
6,772
9,481
Arbutus Biopharma Corp. *
50,681
109,978
ARCA biopharma, Inc. *
14,988
30,576
Arcellx, Inc. *
12,793
438,160
Arcturus Therapeutics Holdings,
Inc. *
10,133
354,250
Arcus Biosciences, Inc. *
21,937
436,546
Arcutis Biotherapeutics, Inc. *
17,059
186,114
Ardelyx, Inc. *
92,346
363,843
Arrowhead Pharmaceuticals, Inc. *
46,222
1,595,583
ARS Pharmaceuticals, Inc. *
16,170
118,849
Arvinas, Inc. *
20,555
508,120
Assembly Biosciences, Inc. *
32,452
36,022
Assertio Holdings, Inc. *
23,152
131,735
Astria Therapeutics, Inc. *
9,822
88,005
Atea Pharmaceuticals, Inc. *
33,404
114,576
Athira Pharma, Inc. *
13,857
40,462
Atossa Therapeutics, Inc. *
45,962
50,558
Atreca, Inc., Class A *
22,959
22,155
aTyr Pharma, Inc. *
26,689
52,310
Aura Biosciences, Inc. *
9,925
118,107
Avantor, Inc. *
292,647
6,019,749
Avid Bioservices, Inc. *
27,120
343,339
Avidity Biosciences, Inc. *
31,152
296,256
Avita Medical, Inc. *
10,054
203,593
Avrobio, Inc. *
9,797
15,185
Axcella Health, Inc. *
18,250
3,307
Axsome Therapeutics, Inc. *
16,025
1,257,482
Azenta, Inc. *
28,093
1,319,809
Beam Therapeutics, Inc. *
27,624
852,753
BioAtla, Inc. *
18,434
55,118
BioCryst Pharmaceuticals, Inc. *
80,837
597,385
Biogen, Inc. *
62,076
16,772,314
Biohaven Ltd. *
26,982
536,402
BioLife Solutions, Inc. *
14,953
297,266
BioMarin Pharmaceutical, Inc. *
80,627
7,089,532
Biomea Fusion, Inc. *
9,488
211,108
Biora Therapeutics, Inc. *
8,398
32,164
Bio-Rad Laboratories, Inc., Class A *
9,172
3,717,962
Biote Corp., Class A *(a)
7,115
48,524
Bio-Techne Corp.
67,478
5,627,665
BioVie, Inc., Class A *(a)
4,021
18,979
Bioxcel Therapeutics, Inc. *(a)
8,322
76,063
Black Diamond Therapeutics, Inc. *
14,484
54,025
Bluebird Bio, Inc. *
47,349
186,082
Blueprint Medicines Corp. *
26,097
1,722,402
Bolt Biotherapeutics, Inc. *
3,417
4,613
BrainStorm Cell Therapeutics, Inc. *
11,287
20,768
Bridgebio Pharma, Inc. *
49,428
1,730,474
Bright Green Corp. *
28,510
21,097
Bristol-Myers Squibb Co.
902,212
56,108,564
Bruker Corp.
43,457
2,986,365
C4 Therapeutics, Inc. *
21,536
83,775
Cabaletta Bio, Inc. *
10,078
137,262
Capricor Therapeutics, Inc. *
13,479
59,308
Cara Therapeutics, Inc. *
20,844
69,411
Cardiff Oncology, Inc. *
16,399
29,026
CareDx, Inc. *
22,269
242,955
Caribou Biosciences, Inc. *
23,459
168,670
Carisma Therapeutics, Inc.
11,791
65,440
Cassava Sciences, Inc. *(a)
17,259
379,353
Catalent, Inc. *
77,740
3,771,945
  53

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Catalyst Pharmaceuticals, Inc. *
42,971
594,289
Celcuity, Inc. *(a)
4,926
48,669
Celldex Therapeutics, Inc. *
19,973
706,245
CEL-SCI Corp. *
16,481
26,205
Celularity, Inc. *
27,363
11,109
Century Therapeutics, Inc. *
10,076
30,732
Cerevel Therapeutics Holdings, Inc. *
27,832
851,381
Champions Oncology, Inc. *
6,854
44,551
Charles River Laboratories
International, Inc. *
21,964
4,602,337
Chimerix, Inc. *
37,732
44,524
Chinook Therapeutics, Inc. *
20,509
803,543
ChromaDex Corp. *
24,667
42,427
Cidara Therapeutics, Inc. *
26,814
26,688
Citius Pharmaceuticals, Inc. *(a)
76,073
75,305
Clearside Biomedical, Inc. *
20,216
23,653
Clene, Inc. *
25,692
19,937
Codexis, Inc. *
29,943
107,795
Cogent Biosciences, Inc. *
35,766
464,600
Cognition Therapeutics, Inc. *
11,965
19,862
Coherus Biosciences, Inc. *
26,548
127,961
Collegium Pharmaceutical, Inc. *
14,303
325,536
Compass Therapeutics, Inc. *
42,767
122,741
Corbus Pharmaceuticals Holdings,
Inc. *
3,313
23,854
Corcept Therapeutics, Inc. *
38,291
975,655
CorMedix, Inc. *
22,604
99,910
Corvus Pharmaceuticals, Inc. *
15,668
35,253
Crinetics Pharmaceuticals, Inc. *
18,689
355,091
CRISPR Therapeutics AG *
33,946
1,946,124
CryoPort, Inc. *
20,286
325,996
Cue Biopharma, Inc. *
17,072
65,215
Cullinan Oncology, Inc. *
10,191
107,923
Curis, Inc. *
57,090
45,843
Cymabay Therapeutics, Inc. *
38,480
502,164
Cyteir Therapeutics, Inc. *
15,972
43,604
Cytek Biosciences, Inc. *
33,714
302,077
Cytokinetics, Inc. *
41,350
1,379,022
CytomX Therapeutics, Inc. *
24,817
43,182
Danaher Corp.
285,343
72,779,586
Dare Bioscience, Inc. *
30,532
22,798
Day One Biopharmaceuticals, Inc. *
17,502
231,726
Decibel Therapeutics, Inc. *
2,292
6,876
Deciphera Pharmaceuticals, Inc. *
24,491
331,118
Denali Therapeutics, Inc. *
47,710
1,356,395
DermTech, Inc. *
11,512
37,299
Design Therapeutics, Inc. *(a)
12,455
101,384
DiaMedica Therapeutics, Inc. *
13,251
44,788
DICE Therapeutics, Inc. *
14,870
698,890
Disc Medicine, Inc. *
2,874
142,550
Durect Corp. *
11,344
38,910
Dyadic International, Inc. *
16,336
28,751
Dynavax Technologies Corp. *
51,410
719,226
Dyne Therapeutics, Inc. *
13,729
167,219
Eagle Pharmaceuticals, Inc. *
4,393
91,199
Edgewise Therapeutics, Inc. *
18,744
136,644
Editas Medicine, Inc. *
29,920
262,698
Eiger BioPharmaceuticals, Inc. *
33,436
22,736
Elanco Animal Health, Inc. *
199,894
2,412,721
Eledon Pharmaceuticals, Inc. *
14,987
20,682
Eli Lilly & Co.
338,409
153,823,811
Elicio Operating Co., Inc. *
2,363
22,567
Emergent BioSolutions, Inc. *
18,800
129,344
Enanta Pharmaceuticals, Inc. *
8,668
164,432
Enliven Therapeutics, Inc. *(a)
8,344
158,035
Entrada Therapeutics, Inc. *
7,643
132,759
EQRx, Inc. *
106,931
182,852
Erasca, Inc. *
37,301
98,475
Eton Pharmaceuticals, Inc. *
13,239
37,334
SECURITY
NUMBER
OF SHARES
VALUE ($)
Evolus, Inc. *
17,279
173,136
Exact Sciences Corp. *
77,252
7,535,160
Exelixis, Inc. *
139,509
2,749,722
Eyenovia Inc. *
12,362
26,331
EyePoint Pharmaceuticals, Inc. *
11,679
145,987
Fate Therapeutics, Inc. *
40,185
165,964
FibroGen, Inc. *
39,244
80,843
Foghorn Therapeutics, Inc. *
8,974
82,202
Fortrea Holdings, Inc. *
38,369
1,226,273
Fortress Biotech, Inc. *
29,965
17,080
Frequency Therapeutics, Inc. *
23,364
11,939
Fulcrum Therapeutics, Inc. *
24,485
93,533
G1 Therapeutics, Inc. *
21,516
51,638
Gain Therapeutics, Inc. *
7,043
27,961
Galectin Therapeutics, Inc. *
17,413
26,120
Galecto, Inc. *
15,761
48,544
Galera Therapeutics, Inc. *
16,362
40,251
Genelux Corp. *
727
15,318
Generation Bio Co. *
24,023
122,037
Genprex, Inc. *
29,742
22,604
Geron Corp. *
188,447
610,568
Gilead Sciences, Inc.
535,566
40,777,995
GlycoMimetics, Inc. *
22,361
36,672
Gossamer Bio, Inc. *
38,544
52,034
Graphite Bio, Inc. *
17,740
44,882
Greenwich Lifesciences, Inc. *
2,671
24,573
Gritstone bio, Inc. *
34,009
66,998
Halozyme Therapeutics, Inc. *
56,540
2,428,958
Harmony Biosciences Holdings, Inc. *
13,388
473,534
Harrow Health, Inc. *
12,577
277,700
Harvard Bioscience, Inc. *
14,274
66,374
Hepion Pharmaceuticals, Inc. *(a)
1,577
12,537
Heron Therapeutics, Inc. *
51,211
85,010
HilleVax, Inc. *
5,558
84,593
Homology Medicines, Inc. *
21,971
30,540
Hookipa Pharma, Inc. *
36,285
28,665
Horizon Therapeutics plc *
97,238
9,750,054
Humacyte, Inc. *
22,996
75,427
Icosavax, Inc. *
8,894
78,534
Ideaya Biosciences, Inc. *
21,181
473,607
IGM Biosciences, Inc. *(a)
4,577
48,699
Ikena Oncology, Inc. *
12,066
62,140
Illumina, Inc. *
67,779
13,023,735
Immuneering Corp., Class A *
8,677
88,158
Immunic, Inc. *
25,000
60,250
ImmunityBio, Inc. *(a)
60,586
133,289
ImmunoGen, Inc. *
99,900
1,780,218
Immunome, Inc. *
7,511
53,779
Immunovant, Inc. *
23,486
536,185
Impel Pharmaceuticals, Inc. *(a)
6,722
9,545
IN8bio, Inc. *
13,105
15,464
Incyte Corp. *
79,467
5,063,637
Inhibrx, Inc. *
13,459
269,853
Inmune Bio, Inc. *(a)
5,159
44,213
Innoviva, Inc. *
24,927
337,761
Inotiv, Inc. *
6,479
47,167
Inovio Pharmaceuticals, Inc. *
132,910
70,708
Inozyme Pharma, Inc. *
10,879
55,483
Insmed, Inc. *
59,489
1,314,112
Instil Bio, Inc. *
59,627
32,556
Intellia Therapeutics, Inc. *
37,913
1,604,857
Intercept Pharmaceuticals, Inc. *
16,133
174,236
Intra-Cellular Therapies, Inc. *
38,421
2,375,955
Invivyd, Inc. *
24,069
35,622
Ionis Pharmaceuticals, Inc. *
61,661
2,554,615
Iovance Biotherapeutics, Inc. *
96,581
701,178
IQVIA Holdings, Inc. *
79,512
17,791,605
Ironwood Pharmaceuticals, Inc.,
Class A *
56,987
631,986
54  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
iTeos Therapeutics, Inc. *
10,503
147,672
Janux Therapeutics, Inc. *
6,583
92,162
Jasper Therapeutics, Inc. *
36,899
55,717
Jazz Pharmaceuticals plc *
28,247
3,683,974
Johnson & Johnson
1,115,948
186,954,768
KalVista Pharmaceuticals, Inc. *
8,852
89,405
Karuna Therapeutics, Inc. *
12,997
2,596,411
Karyopharm Therapeutics, Inc. *
45,434
81,781
Keros Therapeutics, Inc. *
8,064
337,720
Kezar Life Sciences, Inc. *
22,737
50,931
Kineta, Inc.
8,000
16,880
Kiniksa Pharmaceuticals Ltd.,
Class A *
12,806
241,265
Kinnate Biopharma, Inc. *
9,080
26,968
Kodiak Sciences, Inc. *
15,730
47,033
Kronos Bio, Inc. *
16,500
31,680
Krystal Biotech, Inc. *
9,396
1,213,024
Kura Oncology, Inc. *
27,728
289,480
Kymera Therapeutics, Inc. *
16,569
362,530
Lantern Pharma, Inc. *
657
3,042
Larimar Therapeutics, Inc. *
15,137
64,786
Leap Therapeutics, Inc. *
3,200
8,768
Lexicon Pharmaceuticals, Inc. *
46,637
93,740
Ligand Pharmaceuticals, Inc. *
7,105
475,538
Lineage Cell Therapeutics, Inc. *
68,183
104,320
Lipocine, Inc. *
2,942
14,622
Liquidia Corp. *
20,793
160,522
Longboard Pharmaceuticals, Inc. *
7,324
52,733
Lyell Immunopharma, Inc. *
61,098
176,573
Lyra Therapeutics, Inc. *
9,060
29,173
MacroGenics, Inc. *
24,123
115,067
Madrigal Pharmaceuticals, Inc. *
5,565
1,142,494
Magenta Therapeutics, Inc. *
27,369
21,950
Mallinckrodt plc *(a)
7,134
11,557
MannKind Corp. *
113,573
519,029
Maravai LifeSciences Holdings, Inc.,
Class A *
48,185
544,972
Marinus Pharmaceuticals, Inc. *
19,569
208,214
Matinas BioPharma Holdings, Inc. *
78,387
27,435
MaxCyte, Inc. *
38,683
172,913
MediciNova, Inc. *
17,843
42,466
Medpace Holdings, Inc. *
10,571
2,676,260
MEI Pharma, Inc. *
4,822
34,092
Merck & Co., Inc.
1,089,976
116,245,940
Merrimack Pharmaceuticals, Inc. *
5,681
68,229
Mersana Therapeutics, Inc. *
44,571
54,599
Mesa Laboratories, Inc.
2,222
285,883
Mettler-Toledo International, Inc. *
9,473
11,912,013
MiMedx Group, Inc. *
51,298
413,975
Mind Medicine MindMed, Inc. *
18,372
90,574
Mineralys Therapeutics, Inc. *
5,051
71,371
MiNK Therapeutics, Inc. *
1,744
3,261
Mirati Therapeutics, Inc. *
22,397
677,957
Miromatrix Medical, Inc. *
11,036
15,230
Mirum Pharmaceuticals, Inc. *
10,568
272,232
Moderna, Inc. *
141,286
16,623,711
Moleculin Biotech, Inc. *
5,479
3,469
Monte Rosa Therapeutics, Inc. *
13,679
96,711
Morphic Holding, Inc. *
15,572
883,400
Mustang Bio, Inc. *
5,943
30,904
MyMD Pharmaceuticals, Inc. *(a)
13,965
20,249
Myriad Genetics, Inc. *
34,998
782,205
NanoString Technologies, Inc. *
18,579
88,436
Natera, Inc. *
49,018
2,216,594
Nautilus Biotechnology, Inc. *
22,256
73,222
Nektar Therapeutics, Class A *
99,411
53,264
NeuBase Therapeutics, Inc. *
1,485
2,064
Neurocrine Biosciences, Inc. *
41,996
4,278,972
NextCure, Inc. *
10,000
17,200
SECURITY
NUMBER
OF SHARES
VALUE ($)
Nkarta, Inc. *
14,673
33,601
Novavax, Inc. *(a)
37,078
344,084
NRX Pharmaceuticals, Inc. *
43,732
17,060
Nurix Therapeutics, Inc. *
17,851
173,333
Nuvalent, Inc., Class A *
11,495
573,026
Nuvation Bio, Inc. *
52,407
96,953
Nuvectis Pharma, Inc. *
2,330
32,737
Ocean Biomedical, Inc. *(a)
6,470
30,344
Ocular Therapeutix, Inc. *
36,014
163,504
Ocuphire Pharma, Inc. *
5,599
24,244
Olema Pharmaceuticals, Inc. *
18,580
160,717
Omega Therapeutics, Inc. *
9,399
52,540
Omeros Corp. *(a)
26,846
116,780
OmniAb, Inc. *
48,133
264,731
Oncternal Therapeutics, Inc. *
32,249
11,942
Optinose, Inc. *
36,174
43,590
Oragenics, Inc. *
1,680
6,551
Organogenesis Holdings, Inc.,
Class A *
29,326
125,222
Organon & Co.
108,433
2,383,357
Orgenesis, Inc. *
9,467
10,319
ORIC Pharmaceuticals, Inc. *(a)
16,653
139,219
Osmotica Pharmaceuticals plc *
13,322
5,342
Outlook Therapeutics, Inc. *(a)
62,495
108,116
Ovid therapeutics, Inc. *
26,321
94,492
Pacific Biosciences of California,
Inc. *
99,022
1,308,081
Pacira BioSciences, Inc. *
19,757
718,167
Palatin Technologies, Inc. *
5,171
11,066
Paratek Pharmaceuticals, Inc. *
17,405
38,291
Pardes Biosciences, Inc. *
19,235
40,201
Passage Bio, Inc. *
7,891
6,952
PDS Biotechnology Corp. *(a)
13,278
75,884
PepGen, Inc. *(a)
4,814
28,836
Perrigo Co., plc
58,438
2,141,168
Personalis, Inc. *
22,941
54,141
Perspective Therapeutics, Inc. *
116,009
66,125
Pfizer, Inc.
2,425,115
87,449,647
PharmaCyte Biotech, Inc. *
5,947
15,819
Phathom Pharmaceuticals, Inc. *
11,258
171,234
PhenomeX, Inc. *
27,503
15,127
Phibro Animal Health Corp., Class A
8,185
118,519
Pieris Pharmaceuticals, Inc. *
35,732
7,897
Pliant Therapeutics, Inc. *
19,294
344,205
PMV Pharmaceuticals, Inc. *
14,570
95,288
Point Biopharma Global, Inc. *
33,543
299,874
Poseida Therapeutics, Inc., Class A *
19,911
34,446
Praxis Precision Medicines, Inc. *
21,152
20,943
Precigen, Inc. *
67,713
94,121
Precision BioSciences, Inc. *
51,273
29,636
Prelude Therapeutics, Inc. *
7,515
29,384
Prestige Consumer Healthcare, Inc. *
21,701
1,415,122
Prime Medicine, Inc. *(a)
4,291
64,665
ProKidney Corp. *(a)
4,137
53,036
ProPhase Labs, Inc. *(a)
5,896
42,923
Protagonist Therapeutics, Inc. *
23,130
448,722
Prothena Corp. plc *
17,365
1,195,928
PTC Therapeutics, Inc. *
31,922
1,287,733
Puma Biotechnology, Inc. *
19,453
70,420
Pyxis Oncology, Inc. *
6,524
16,832
Quanterix Corp. *
14,993
372,426
Quantum-Si, Inc. *
32,018
124,550
Quince Therapeutics, Inc. *
11,013
13,216
Rain Oncology, Inc. *
6,860
9,124
Rallybio Corp. *
7,128
42,625
Rani Therapeutics Holdings, Inc.,
Class A *
2,793
11,954
Rapid Micro Biosystems, Inc.,
Class A *
6,797
6,670
  55

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
RAPT Therapeutics, Inc. *
10,996
262,804
Reata Pharmaceuticals, Inc.,
Class A *
12,486
2,067,432
Recursion Pharmaceuticals, Inc.,
Class A *
55,755
787,261
Regeneron Pharmaceuticals, Inc. *
46,320
34,365,271
REGENXBIO, Inc. *
16,406
311,714
Regulus Therapeutics, Inc. *
9,113
12,758
Relay Therapeutics, Inc. *
38,801
488,893
Relmada Therapeutics, Inc. *
12,505
32,763
Reneo Pharmaceuticals, Inc. *
7,425
59,623
Repligen Corp. *
22,200
3,808,632
Replimune Group, Inc. *
15,469
325,932
Revance Therapeutics, Inc. *
36,568
864,102
Reviva Pharmaceuticals Holdings,
Inc. *
4,892
23,188
REVOLUTION Medicines, Inc. *
39,863
1,046,404
Revvity, Inc.
53,788
6,613,235
Rezolute, Inc. *
13,757
25,726
Rhythm Pharmaceuticals, Inc. *
18,665
332,984
Rigel Pharmaceuticals, Inc. *
65,618
90,553
Rocket Pharmaceuticals, Inc. *
24,794
447,532
Roivant Sciences Ltd. *
48,823
584,900
Royalty Pharma plc, Class A
161,544
5,069,251
SAB Biotherapeutics, Inc. *
16,238
13,153
Sage Therapeutics, Inc. *
22,552
782,103
Sana Biotechnology, Inc. *
38,121
223,389
Sarepta Therapeutics, Inc. *
39,951
4,330,289
Savara, Inc. *
40,048
143,372
Scholar Rock Holding Corp. *
13,870
98,477
Scilex Holding Co. *(b)
30,357
157,300
scPharmaceuticals, Inc. *(a)
7,807
65,813
SCYNEXIS, Inc. *
8,875
26,181
Seagen, Inc. *
59,449
11,401,129
Seelos Therapeutics, Inc. *
39,148
59,896
Seer, Inc., Class A *
17,867
90,407
Selecta Biosciences, Inc. *
59,796
65,178
SELLAS Life Sciences Group, Inc. *
16,238
26,630
Sera Prognostics, Inc., Class A *
12,000
35,160
Seres Therapeutics, Inc. *
40,525
194,925
Shattuck Labs, Inc. *
20,881
53,247
SIGA Technologies, Inc.
17,097
98,137
Singular Genomics Systems, Inc. *
23,488
18,624
Societal CDMO, Inc. *
37,047
31,490
Solid Biosciences, Inc. *
4,276
18,430
SomaLogic, Inc. *
72,426
177,444
Sotera Health Co. *
43,614
827,794
Spectrum Pharmaceuticals, Inc. *
82,687
85,168
Spero Therapeutics, Inc. *
28,565
46,561
SpringWorks Therapeutics, Inc. *
19,223
603,218
Spruce Biosciences, Inc. *
15,289
34,400
Standard BioTools, Inc. *
31,192
76,420
Stoke Therapeutics, Inc. *
12,708
84,381
Summit Therapeutics, Inc. *(a)
46,158
96,932
Supernus Pharmaceuticals, Inc. *
23,188
711,640
Surface Oncology, Inc. *
44,721
43,384
Sutro Biopharma, Inc. *
23,381
104,513
Synaptogenix, Inc. *
4,572
3,389
Syndax Pharmaceuticals, Inc. *
28,799
613,995
Syneos Health, Inc. *
44,604
1,891,656
Synlogic, Inc. *
25,000
12,248
Synthetic Biologics, Inc. *
13,566
9,089
Syros Pharmaceuticals, Inc. *
4,670
18,587
Talaris Therapeutics, Inc. *
13,707
40,436
Tango Therapeutics, Inc. *
18,079
61,107
Tarsus Pharmaceuticals, Inc. *
8,807
193,842
Taysha Gene Therapies, Inc. *
16,140
10,865
Tenaya Therapeutics, Inc. *
14,896
72,097
Terns Pharmaceuticals, Inc. *
16,643
120,162
SECURITY
NUMBER
OF SHARES
VALUE ($)
TG Therapeutics, Inc. *
60,796
1,257,869
TherapeuticsMD, Inc. *
7,060
28,664
Theravance Biopharma, Inc. *
21,449
212,131
Thermo Fisher Scientific, Inc.
165,745
90,937,652
Theseus Pharmaceuticals, Inc. *(a)
9,940
33,498
Third Harmonic Bio, Inc. *
5,232
37,095
Tracon Pharmaceuticals, Inc. *
22,638
6,812
Travere Therapeutics, Inc. *
29,285
503,409
Trevi Therapeutics, Inc. *
12,557
29,886
Twist Bioscience Corp. *
25,495
620,548
Tyra Biosciences, Inc. *
6,880
101,962
Ultragenyx Pharmaceutical, Inc. *
30,681
1,322,965
uniQure N.V. *
18,083
187,521
United Therapeutics Corp. *
20,093
4,876,973
UNITY Biotechnology, Inc. *
4,595
12,728
Vanda Pharmaceuticals, Inc. *
24,287
140,379
Vaxart, Inc. *
62,335
51,002
Vaxcyte, Inc. *
32,949
1,583,529
Vaxxinity, Inc., Class A *
22,917
61,647
Ventyx Biosciences, Inc. *
12,754
472,536
Vera Therapeutics, Inc., Class A *
12,309
231,040
Veracyte, Inc. *
30,348
833,053
Verastem, Inc. *
7,159
79,179
Vericel Corp. *
20,027
719,370
Verrica Pharmaceuticals, Inc. *(a)
7,637
44,600
Vertex Pharmaceuticals, Inc. *
110,570
38,958,234
Verve Therapeutics, Inc. *
18,886
386,974
Viatris, Inc.
517,898
5,453,466
Vigil Neuroscience, Inc. *
5,235
42,613
Viking Therapeutics, Inc. *
38,575
559,337
Vir Biotechnology, Inc. *
32,199
453,362
Viracta Therapeutics, Inc. *
12,430
19,267
Viridian Therapeutics, Inc. *
18,686
350,549
Vor BioPharma, Inc. *
17,792
53,732
Voyager Therapeutics, Inc. *
12,446
115,997
Waters Corp. *
25,520
7,048,879
WaVe Life Sciences Ltd. *
29,975
130,991
Werewolf Therapeutics, Inc. *
6,982
18,782
West Pharmaceutical Services, Inc.
32,005
11,779,120
X4 Pharmaceuticals, Inc. *
42,386
75,871
XBiotech, Inc. *
10,477
52,699
Xencor, Inc. *
25,852
627,945
Xeris Biopharma Holdings, Inc. *
60,840
158,792
Xilio Therapeutics, Inc. *
11,925
34,106
XOMA Corp. *
2,843
44,777
Y-mAbs Therapeutics, Inc. *
14,556
88,646
Zentalis Pharmaceuticals, Inc. *
24,484
653,968
Zevra Therapeutics, Inc. *(a)
11,139
54,358
Zoetis, Inc.
198,565
37,348,091
Zura Bio Ltd., Class A *(a)
5,513
37,929
Zynerba Pharmaceuticals, Inc. *
37,596
13,723
 
1,447,243,914
 
Real Estate Management & Development 0.2%
Altisource Asset Management Corp. *
134
5,773
Altisource Portfolio Solutions S.A. *
9,415
46,228
AMREP Corp. *
2,361
42,522
Anywhere Real Estate, Inc. *
48,041
402,584
CBRE Group, Inc., Class A *
133,348
11,109,222
Compass, Inc., Class A *
119,397
500,273
CoStar Group, Inc. *
175,175
14,709,445
Cushman & Wakefield plc *
70,899
696,937
DigitalBridge Group, Inc.
63,571
1,018,407
Doma Holdings, Inc. *
1,501
12,413
Douglas Elliman, Inc.
28,072
62,039
eXp World Holdings, Inc.
31,554
786,957
Fathom Holdings, Inc. *
2,686
21,595
Forestar Group, Inc. *
6,845
201,791
56  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
FRP Holdings, Inc. *
2,978
170,848
Jones Lang LaSalle, Inc. *
20,507
3,415,441
Kennedy-Wilson Holdings, Inc.
52,161
860,656
Marcus & Millichap, Inc.
11,056
405,534
Maui Land & Pineapple Co., Inc. *
3,498
52,155
Newmark Group, Inc., Class A
53,804
372,324
Opendoor Technologies, Inc. *
224,501
1,147,200
Rafael Holdings, Inc., Class B *
1,046
2,092
RE/MAX Holdings, Inc., Class A
6,967
137,319
Redfin Corp. *
46,168
691,597
Seritage Growth Properties, Class A *
16,651
156,353
Stratus Properties, Inc.
3,398
96,435
Tejon Ranch Co. *
11,108
195,612
The Howard Hughes Corp. *
14,571
1,230,229
The RMR Group, Inc., Class A
6,145
144,899
The St. Joe Co.
14,358
911,446
Trinity Place Holdings, Inc. *
31,763
15,881
WeWork, Inc., Class A *
315,610
68,330
Zillow Group, Inc., Class A *
25,171
1,339,601
Zillow Group, Inc., Class C *
68,125
3,689,650
 
44,719,788
 
Semiconductors & Semiconductor Equipment 6.9%
ACM Research, Inc., Class A *
17,500
229,250
Advanced Micro Devices, Inc. *
692,032
79,168,461
Aehr Test Systems *
11,116
579,811
Allegro MicroSystems, Inc. *
27,571
1,422,939
Alpha & Omega Semiconductor Ltd. *
9,994
328,603
Ambarella, Inc. *
16,219
1,352,989
Amkor Technology, Inc.
42,423
1,234,085
Amtech Systems, Inc. *
6,347
68,230
Analog Devices, Inc.
217,456
43,388,996
Applied Materials, Inc.
363,259
55,066,432
Atomera, Inc. *(a)
12,488
107,771
Axcelis Technologies, Inc. *
14,115
2,829,775
AXT, Inc. *
15,887
49,409
Broadcom, Inc.
179,236
161,070,431
CEVA, Inc. *
10,247
278,309
Cirrus Logic, Inc. *
23,648
1,910,758
Cohu, Inc. *
20,399
890,416
Credo Technology Group Holding
Ltd. *
39,958
678,087
CVD Equipment Corp. *
3,009
23,891
Diodes, Inc. *
19,668
1,858,429
eMagin Corp. *
31,609
63,218
Enphase Energy, Inc. *
58,593
8,896,175
Entegris, Inc.
64,049
7,026,816
Everspin Technologies, Inc. *
8,698
83,588
First Solar, Inc. *
42,636
8,842,706
FormFactor, Inc. *
33,137
1,231,371
GSI Technology, Inc. *(a)
8,052
35,348
Ichor Holdings Ltd. *
12,049
466,537
Impinj, Inc. *
9,452
629,692
indie Semiconductor, Inc., Class A *
38,213
362,259
Intel Corp.
1,791,816
64,093,258
inTEST Corp. *
4,591
97,146
KLA Corp.
58,757
30,198,160
Kopin Corp. *
40,189
76,761
Kulicke & Soffa Industries, Inc.
24,079
1,441,851
Lam Research Corp.
57,770
41,507,167
Lattice Semiconductor Corp. *
58,952
5,361,095
MACOM Technology Solutions
Holdings, Inc. *
21,873
1,529,360
Marvell Technology, Inc.
369,033
24,035,119
MaxLinear, Inc. *
31,865
786,110
Microchip Technology, Inc.
235,839
22,154,716
Micron Technology, Inc.
469,564
33,522,174
MKS Instruments, Inc.
24,746
2,701,521
SECURITY
NUMBER
OF SHARES
VALUE ($)
Monolithic Power Systems, Inc.
19,346
10,823,894
Navitas Semiconductor Corp.,
Class A *
34,387
363,814
NVE Corp.
1,912
151,450
NVIDIA Corp.
1,062,432
496,463,849
NXP Semiconductors N.V.
111,809
24,931,171
ON Semiconductor Corp. *
185,203
19,955,623
Onto Innovation, Inc. *
20,965
2,606,369
PDF Solutions, Inc. *
12,456
572,851
Photronics, Inc. *
27,001
714,176
Pixelworks, Inc. *
21,959
37,550
Power Integrations, Inc.
24,619
2,391,490
Qorvo, Inc. *
42,910
4,720,958
QUALCOMM, Inc.
478,925
63,299,517
QuickLogic Corp. *
7,578
62,215
Rambus, Inc. *
46,611
2,918,315
Rigetti Computing, Inc. *(a)
30,086
74,914
Semtech Corp. *
27,200
794,240
Silicon Laboratories, Inc. *
13,805
2,058,878
SiTime Corp. *
7,254
935,839
SkyWater Technology, Inc. *
2,749
26,885
Skyworks Solutions, Inc.
68,381
7,820,735
SMART Global Holdings, Inc. *
21,681
576,715
SolarEdge Technologies, Inc. *
24,169
5,835,847
Synaptics, Inc. *
16,813
1,518,382
Teradyne, Inc.
66,299
7,487,809
Texas Instruments, Inc.
389,008
70,021,440
Transphorm, Inc. *
11,592
36,167
Ultra Clean Holdings, Inc. *
18,716
713,080
Universal Display Corp.
18,753
2,735,688
Veeco Instruments, Inc. *
21,581
607,721
Wolfspeed, Inc. *
53,532
3,527,759
 
1,342,464,561
 
Software & Services 11.2%
8x8, Inc. *
46,219
219,078
A10 Networks, Inc.
27,651
429,143
Accenture plc, Class A
271,163
85,782,415
ACI Worldwide, Inc. *
46,527
1,078,961
Adeia, Inc.
47,028
565,277
Adobe, Inc. *
197,088
107,643,553
Agilysys, Inc. *
8,573
631,230
Akamai Technologies, Inc. *
65,864
6,224,148
Alarm.com Holdings, Inc. *
21,054
1,162,391
Alkami Technology, Inc. *
15,859
267,700
Altair Engineering, Inc., Class A *
22,787
1,707,658
Alteryx, Inc., Class A *
27,268
1,130,531
American Software, Inc., Class A
13,798
159,091
Amplitude, Inc., Class A *
27,091
313,714
ANSYS, Inc. *
37,396
12,793,172
Appfolio, Inc., Class A *
8,286
1,496,369
Appian Corp., Class A *
17,792
916,644
AppLovin Corp., Class A *
54,551
1,712,901
Arteris, Inc. *
9,920
75,293
Asana, Inc., Class A *
34,549
838,850
Aspen Technology, Inc. *
12,581
2,245,708
Atlassian Corp., Class A *
65,574
11,930,534
AudioEye, Inc. *
4,308
23,263
Aurora Innovation, Inc. *
206,338
676,789
Autodesk, Inc. *
92,256
19,557,349
AvePoint, Inc. *
39,999
247,994
Backblaze, Inc., Class A *
5,377
28,122
Bentley Systems, Inc., Class B
85,931
4,629,962
BigCommerce Holdings, Inc. *
27,578
298,118
Bill.com Holdings, Inc. *
41,658
5,221,414
Black Knight, Inc. *
67,349
4,735,982
Blackbaud, Inc. *
19,599
1,478,745
Blackline, Inc. *
23,829
1,383,988
  57

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Blend Labs, Inc., Class A *(a)
73,956
97,622
Box, Inc., Class A *
61,960
1,936,250
Braze, Inc., Class A *
16,543
752,045
Brightcove, Inc. *
15,409
69,186
C3.ai, Inc., Class A *(a)
37,533
1,576,386
Cadence Design Systems, Inc. *
116,908
27,357,641
Castellum, Inc. *
34,318
15,996
CCC Intelligent Solutions Holdings,
Inc. *
44,273
487,888
Cerence, Inc. *
17,854
496,520
Cipher Mining, Inc. *(a)
16,000
60,800
Cleanspark, Inc. *
52,035
312,730
Clear Secure, Inc., Class A
35,287
836,655
Clearwater Analytics Holdings, Inc.,
Class A *
34,487
594,211
Cloudflare, Inc., Class A *
124,101
8,534,426
Cognizant Technology Solutions
Corp., Class A
218,623
14,435,677
CommVault Systems, Inc. *
19,014
1,481,761
Computer Task Group, Inc. *
7,864
62,204
Confluent, Inc., Class A *
80,434
2,778,190
Consensus Cloud Solutions, Inc. *
7,116
230,630
CoreCard Corp. *
2,218
53,298
Couchbase, Inc. *
10,823
180,636
Crowdstrike Holdings, Inc., Class A *
96,883
15,662,106
CS Disco, Inc. *
8,360
81,426
CSP, Inc.
2,909
37,293
Datadog, Inc., Class A *
108,094
12,616,732
Dave, Inc. *(a)
5,855
36,477
DecisionPoint Systems, Inc. *
4,188
21,819
Digimarc Corp. *(a)
5,752
170,259
Digital Turbine, Inc. *
39,598
429,242
DigitalOcean Holdings, Inc. *
24,086
1,192,739
DocuSign, Inc., Class A *
86,665
4,664,310
Dolby Laboratories, Inc., Class A
25,298
2,241,656
Domo, Inc., Class B *
14,774
264,011
DoubleVerify Holdings, Inc. *
38,142
1,605,778
Dropbox, Inc., Class A *
115,113
3,102,295
D-Wave Quantum, Inc. *(a)
23,310
48,951
DXC Technology Co. *
97,809
2,704,419
Dynatrace, Inc. *
93,186
5,096,342
E2open Parent Holdings, Inc. *
73,998
381,090
Ebix, Inc.
10,319
319,476
eGain Corp. *
7,634
56,263
Elastic N.V. *
33,576
2,231,125
Embark Technology, Inc. *(a)
13,001
37,313
Enfusion, Inc., Class A *
7,152
77,599
EngageSmart, Inc. *
12,468
236,393
Envestnet, Inc. *
23,278
1,442,770
EPAM Systems, Inc. *
24,883
5,892,543
Everbridge, Inc. *
16,799
518,081
EverCommerce, Inc. *
12,868
150,298
Expensify, Inc., Class A *
18,547
149,489
Fair Isaac Corp. *
10,653
8,926,894
Fastly, Inc., Class A *
49,899
916,645
Five9, Inc. *
30,610
2,686,027
ForgeRock, Inc., Class A *
15,506
320,199
Fortinet, Inc. *
280,662
21,813,051
Freshworks, Inc., Class A *
71,818
1,340,124
Gartner, Inc. *
34,030
12,032,668
Gen Digital, Inc.
243,990
4,745,605
Gitlab, Inc., Class A *
28,346
1,406,812
Glimpse Group, Inc. *
1,370
5,083
GoDaddy, Inc., Class A *
66,694
5,141,440
Grid Dynamics Holdings, Inc. *
23,721
247,173
Guidewire Software, Inc. *
34,871
2,957,758
HashiCorp, Inc., Class A *
41,090
1,216,675
HubSpot, Inc. *
21,444
12,449,314
Informatica, Inc., Class A *
15,704
299,004
SECURITY
NUMBER
OF SHARES
VALUE ($)
Information Services Group, Inc.
16,112
82,977
Instructure Holdings, Inc. *
7,414
201,438
Intapp, Inc. *
9,260
380,216
Intellicheck, Inc. *
12,962
33,442
InterDigital, Inc.
11,361
1,053,051
International Business Machines
Corp.
389,203
56,115,288
Intrusion, Inc. *
5,866
6,159
Intuit, Inc.
120,520
61,670,084
Issuer Direct Corp. *
1,318
28,139
Jamf Holding Corp. *
19,093
414,700
Kaltura, Inc. *
33,164
66,991
Kyndryl Holdings, Inc. *
88,065
1,202,968
Latch, Inc. *
46,892
81,592
LivePerson, Inc. *
29,329
139,313
LiveRamp Holdings, Inc. *
27,198
776,231
LiveVox Holdings, Inc. *
12,597
36,657
Manhattan Associates, Inc. *
26,778
5,104,422
Marathon Digital Holdings, Inc. *(a)
71,998
1,250,605
MariaDB PLC *
13,835
12,851
Matterport, Inc. *
104,115
352,950
MeridianLink, Inc. *
8,842
197,530
Microsoft Corp.
3,193,797
1,072,859,953
MicroStrategy, Inc., Class A *
4,717
2,065,480
Mitek Systems, Inc. *
18,641
190,325
Model N, Inc. *
14,577
485,706
MongoDB, Inc., Class A *
29,991
12,698,189
N-Able, Inc. *
29,867
420,229
nCino, Inc. *
33,092
1,070,526
NCR Corp. *
60,548
1,627,530
New Relic, Inc. *
24,928
2,093,453
NextNav, Inc. *(a)
7,000
22,470
Nutanix, Inc., Class A *
99,010
2,990,102
Okta, Inc. *
66,504
5,111,497
Olo, Inc., Class A *
44,208
347,475
OMNIQ Corp. *
3,906
13,788
ON24, Inc.
17,135
151,645
OneSpan, Inc. *
14,940
205,276
Oracle Corp.
660,525
77,433,346
PagerDuty, Inc. *
36,528
946,806
Palantir Technologies, Inc., Class A *
772,808
15,332,511
Palo Alto Networks, Inc. *
129,857
32,459,056
Park City Group, Inc.
6,299
62,612
Pegasystems, Inc.
17,857
941,957
Perficient, Inc. *
14,822
945,495
PFSweb, Inc.
6,123
27,798
Phunware, Inc. *
55,482
22,692
Porch Group, Inc. *
33,000
44,880
PowerSchool Holdings, Inc.,
Class A *
16,828
406,733
Procore Technologies, Inc. *
30,089
2,282,251
Progress Software Corp.
18,695
1,122,822
PROS Holdings, Inc. *
18,413
699,694
PTC, Inc. *
45,323
6,608,547
Q2 Holdings, Inc. *
25,051
888,559
Qualys, Inc. *
14,380
1,995,944
Quantum Computing, Inc. *
10,216
14,507
Rackspace Technology, Inc. *
28,860
66,955
Rapid7, Inc. *
26,026
1,194,854
Red Violet, Inc. *
5,306
109,887
Rekor Systems, Inc. *
22,007
66,901
Research Solutions, Inc. *
18,069
38,848
Rimini Street, Inc. *
21,843
59,413
RingCentral, Inc., Class A *
33,156
1,371,332
Riot Platforms, Inc. *
76,842
1,423,114
Roper Technologies, Inc.
45,792
22,577,746
Salesforce, Inc. *
420,667
94,654,282
Samsara, Inc., Class A *
52,661
1,471,348
SecureWorks Corp., Class A *
5,067
38,915
58  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SEMrush Holdings, Inc., Class A *
17,212
182,619
SentinelOne, Inc., Class A *
101,128
1,685,804
ServiceNow, Inc. *
87,490
51,006,670
Smartsheet, Inc., Class A *
56,926
2,527,514
Smith Micro Software, Inc. *
24,721
28,058
Snowflake, Inc., Class A *
124,623
22,146,753
SolarWinds Corp. *
20,785
219,074
SoundHound AI, Inc., Class A *(a)
59,130
137,773
SoundThinking, Inc. *
3,910
88,835
Splunk, Inc. *
65,409
7,085,757
Sprinklr, Inc., Class A *
33,873
475,577
Sprout Social, Inc., Class A *
20,873
1,192,683
SPS Commerce, Inc. *
15,600
2,814,084
Squarespace, Inc., Class A *
17,641
584,623
Synchronoss Technologies, Inc. *
37,860
37,478
Synopsys, Inc. *
65,515
29,599,677
Telos Corp. *
25,409
63,777
Tenable Holdings, Inc. *
49,284
2,398,159
Teradata Corp. *
43,028
2,446,142
Terawulf, Inc. *
50,627
147,831
The Hackett Group, Inc.
9,720
225,990
Thoughtworks Holding, Inc. *
27,607
195,734
Tucows, Inc., Class A *
4,136
127,761
Twilio, Inc., Class A *
75,236
4,967,833
Tyler Technologies, Inc. *
17,997
7,138,150
UiPath, Inc., Class A *
153,836
2,781,355
Unisys Corp. *
28,890
157,162
Unity Software, Inc. *
95,765
4,389,868
Upland Software, Inc. *
13,488
53,278
Varonis Systems, Inc., Class B *
47,281
1,356,965
Verint Systems, Inc. *
27,662
1,033,729
VeriSign, Inc. *
38,966
8,219,878
Veritone, Inc. *(a)
11,260
51,965
Vertex, Inc., Class A *
17,186
356,781
Viant Technology, Inc., Class A *
10,390
50,288
VMware, Inc., Class A *
89,738
14,145,401
Weave Communications, Inc. *
12,631
151,572
WM Technology, Inc. *
40,927
45,429
Workday, Inc., Class A *
88,282
20,934,311
Workiva, Inc., Class A *
19,911
2,096,429
Xperi, Inc. *
20,285
266,139
Yext, Inc. *
46,726
454,177
Zeta Global Holdings Corp., Class A *
55,186
508,815
Zoom Video Communications, Inc.,
Class A *
94,688
6,945,365
Zscaler, Inc. *
36,712
5,887,871
Zuora, Inc., Class A *
53,921
632,493
 
2,182,844,286
 
Technology Hardware & Equipment 8.3%
908 Devices, Inc. *
8,267
57,538
ADTRAN Holdings, Inc.
33,081
321,878
Advanced Energy Industries, Inc.
16,209
2,029,043
Aeva Technologies, Inc. *
58,086
72,608
AEye, Inc. *
68,009
26,524
Airgain, Inc. *
7,096
33,706
Akoustis Technologies, Inc. *
28,099
67,157
Amphenol Corp., Class A
256,923
22,688,870
Apple Inc.
6,350,764
1,247,607,588
Applied Optoelectronics, Inc. *(a)
9,729
65,671
Arista Networks, Inc. *
107,171
16,621,150
Arlo Technologies, Inc. *
40,417
459,137
Arrow Electronics, Inc. *
24,177
3,446,190
AstroNova, Inc. *
4,083
58,101
Aviat Networks, Inc. *
4,936
150,894
Avid Technology, Inc. *
14,380
342,819
Avnet, Inc.
39,184
1,900,424
Badger Meter, Inc.
12,477
2,054,213
SECURITY
NUMBER
OF SHARES
VALUE ($)
Bel Fuse, Inc., Class A
1,180
63,673
Bel Fuse, Inc., Class B
4,185
224,525
Belden, Inc.
18,105
1,749,667
Benchmark Electronics, Inc.
14,875
394,336
Boxlight Corp., Class A *
5,871
13,797
Calix, Inc. *
24,990
1,127,299
Cambium Networks Corp. *
4,047
65,561
CDW Corp.
57,919
10,834,907
Ciena Corp. *
64,087
2,704,471
Cisco Systems, Inc.
1,758,746
91,525,142
Clearfield, Inc. *
5,453
254,873
ClearSign Technologies Corp. *
25,555
33,477
Coda Octopus Group, Inc. *
1,343
11,644
Cognex Corp.
73,802
4,031,065
Coherent Corp. *
60,169
2,849,604
CommScope Holding Co., Inc. *
88,343
397,544
CompoSecure, Inc. *(a)
5,277
39,155
Comtech Telecommunications Corp.
11,741
119,289
Corning, Inc.
328,617
11,153,261
Corsair Gaming, Inc. *
17,044
314,973
CPI Card Group, Inc. *
1,805
44,060
CTS Corp.
13,417
598,801
Daktronics, Inc. *
15,645
112,488
Dell Technologies, Inc., Class C
109,009
5,768,756
Digi International, Inc. *
15,032
630,292
DZS, Inc. *
6,832
25,757
Eastman Kodak Co. *
29,007
159,248
EMCORE Corp. *
11,147
7,393
ePlus, Inc. *
11,248
633,825
Evolv Technologies Holdings, Inc. *
31,854
209,599
Extreme Networks, Inc. *
55,202
1,467,821
F5, Inc. *
25,950
4,106,328
Fabrinet *
15,642
1,933,977
FARO Technologies, Inc. *
8,279
137,349
Focus Universal, Inc. *
10,500
18,900
Frequency Electronics, Inc.
4,719
32,608
Genasys, Inc. *
20,918
58,361
Harmonic, Inc. *
48,599
725,097
Hewlett Packard Enterprise Co.
556,682
9,675,133
HP, Inc.
374,651
12,299,792
Identiv, Inc. *
8,288
63,900
Immersion Corp.
13,101
92,493
Infinera Corp. *
81,798
368,091
Inseego Corp. *
42,053
32,213
Insight Enterprises, Inc. *
12,503
1,834,065
Intevac, Inc. *
11,887
42,555
IonQ, Inc. *
66,312
1,276,506
IPG Photonics Corp. *
13,349
1,754,726
Iteris, Inc. *
21,639
90,018
Itron, Inc. *
19,611
1,542,797
Jabil, Inc.
56,587
6,262,483
Juniper Networks, Inc.
138,473
3,849,549
Key Tronic Corp. *
4,943
28,917
Keysight Technologies, Inc. *
77,080
12,416,046
Kimball Electronics, Inc. *
10,963
319,900
Knowles Corp. *
40,205
734,545
KVH Industries, Inc. *
5,414
46,344
Lantronix, Inc. *
11,128
50,076
LightPath Technologies, Inc.,
Class A *
24,173
43,270
Lightwave Logic, Inc. *(a)
49,166
330,396
Littelfuse, Inc.
10,687
3,255,260
Lumentum Holdings, Inc. *
29,766
1,558,548
Luna Innovations, Inc. *
15,596
140,988
Methode Electronics, Inc.
15,172
510,386
MicroVision, Inc. *(a)
76,762
307,048
Mirion Technologies, Inc., Class A *
52,479
396,216
Motorola Solutions, Inc.
72,241
20,706,438
Movano, Inc. *
16,747
23,613
  59

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Movella Holdings, Inc. *
14,710
27,361
Napco Security Technologies, Inc.
12,442
466,326
National Instruments Corp.
56,365
3,325,535
Neonode, Inc. *
4,440
18,604
NetApp, Inc.
92,589
7,222,868
NETGEAR, Inc. *
13,065
178,207
NetScout Systems, Inc. *
28,598
799,314
nLight, Inc. *
20,404
293,818
Novanta, Inc. *
15,347
2,714,884
One Stop Systems, Inc. *
12,911
36,667
OSI Systems, Inc. *
6,538
779,526
Ouster, Inc. *(a)
11,961
74,039
PAR Technology Corp. *
12,016
415,633
PC Connection, Inc.
4,459
215,860
PCTEL, Inc.
8,960
44,352
Plexus Corp. *
12,143
1,195,964
Powerfleet, Inc. *
11,361
30,788
Presto Automation, Inc. *(a)
1,038
4,131
Pure Storage, Inc., Class A *
124,298
4,597,783
Quantum Corp. *
57,798
62,422
Red Cat Holdings, Inc. *
18,398
18,766
Research Frontiers, Inc. *
21,870
36,742
RF Industries Ltd. *
7,044
26,626
Ribbon Communications, Inc. *
38,255
121,651
Richardson Electronics Ltd./United
States
5,554
76,645
Rogers Corp. *
7,967
1,343,316
Sanmina Corp. *
24,792
1,523,716
ScanSource, Inc. *
10,228
307,761
Seagate Technology Holdings plc
82,725
5,253,038
SmartRent, Inc. *
54,496
216,894
Sono-Tek Corp. *
2,719
12,888
Super Micro Computer, Inc. *
19,581
6,467,017
TD SYNNEX Corp.
17,668
1,744,008
TE Connectivity Ltd.
135,966
19,509,761
Teledyne Technologies, Inc. *
20,215
7,773,274
Tingo Group, Inc. *(a)
61,490
86,701
TransAct Technologies, Inc. *
3,397
27,108
Trimble, Inc. *
106,696
5,740,245
TTM Technologies, Inc. *
43,639
626,656
Turtle Beach Corp. *
6,086
68,468
Ubiquiti, Inc.
1,828
324,744
ViaSat, Inc. *
32,706
1,011,924
Viavi Solutions, Inc. *
96,616
1,050,216
Vishay Intertechnology, Inc.
55,251
1,555,316
Vishay Precision Group, Inc. *
5,394
201,790
Vontier Corp.
66,725
2,063,804
Vuzix Corp. *(a)
26,677
140,855
Wayside Technology Group, Inc.
1,603
77,553
Western Digital Corp. *
137,558
5,854,469
Wireless Telecom Group, Inc. *
17,985
38,128
Wrap Technologies, Inc. *(a)
21,515
41,954
Xerox Holdings Corp.
48,642
777,299
Zebra Technologies Corp., Class A *
22,390
6,895,224
 
1,616,153,385
 
Telecommunication Services 0.8%
Anterix, Inc. *
8,567
240,476
AST SpaceMobile, Inc., Class A *
26,087
111,913
AT&T, Inc.
3,074,447
44,640,970
ATN International, Inc.
5,256
191,003
Charge Enterprises, Inc. *
38,686
36,783
Cogent Communications Holdings,
Inc.
18,826
1,152,904
Consolidated Communications
Holdings, Inc. *
28,849
103,279
EchoStar Corp., Class A *
15,741
305,848
SECURITY
NUMBER
OF SHARES
VALUE ($)
Frontier Communications Parent,
Inc. *
95,225
1,734,047
GCI Liberty, Inc. *(b)
35,715
6,449
Globalstar, Inc. *
306,760
331,301
Gogo, Inc. *
27,853
419,745
IDT Corp., Class B *
8,928
211,772
Iridium Communications, Inc.
54,138
2,844,952
KORE Group Holdings, Inc. *
12,000
15,000
Liberty Global plc, Class A *
73,597
1,366,696
Liberty Global plc, Class C *
103,657
2,048,262
Liberty Latin America Ltd., Class A *
15,888
133,459
Liberty Latin America Ltd., Class C *
61,742
513,693
Lumen Technologies, Inc.
398,859
713,958
NII Holdings, Inc. Escrow *(b)
28,127
16,876
Ooma, Inc. *
9,711
145,665
Radius Global Infrastructure, Inc.,
Class A *
35,650
531,542
Shenandoah Telecommunications
Co.
21,835
407,660
Spok Holdings, Inc.
9,849
144,386
SurgePays, Inc. *
2,477
14,590
Telephone & Data Systems, Inc.
41,799
335,228
T-Mobile US, Inc. *
247,766
34,134,722
United States Cellular Corp. *
5,896
104,418
Verizon Communications, Inc.
1,807,412
61,596,601
 
154,554,198
 
Transportation 1.9%
Air Transport Services Group, Inc. *
23,833
480,473
Alaska Air Group, Inc. *
54,536
2,652,086
Allegiant Travel Co. *
6,715
830,646
American Airlines Group, Inc. *
282,442
4,730,903
ArcBest Corp.
10,461
1,216,824
Avis Budget Group, Inc. *
10,183
2,243,213
Bird Global, Inc., Class A *
4,230
10,490
Blade Air Mobility, Inc. *
26,008
108,453
C.H. Robinson Worldwide, Inc.
49,988
5,007,798
Covenant Logistics Group, Inc.,
Class A
3,394
185,855
CSX Corp.
871,821
29,049,076
Daseke, Inc. *
19,052
148,225
Delta Air Lines, Inc.
275,634
12,750,829
Eagle Bulk Shipping, Inc. (a)
4,187
193,398
Expeditors International of
Washington, Inc.
65,618
8,353,171
FedEx Corp.
99,136
26,761,763
Forward Air Corp.
10,964
1,302,962
Frontier Group Holdings, Inc. *
16,091
149,646
FTAI Infrastructure, Inc.
43,117
153,065
Genco Shipping & Trading Ltd.
14,017
203,247
GXO Logistics, Inc. *
51,230
3,435,996
Hawaiian Holdings, Inc. *
23,476
272,087
Heartland Express, Inc.
18,795
307,298
Hertz Global Holdings, Inc. *
67,082
1,130,332
Hub Group, Inc., Class A *
13,809
1,244,605
JB Hunt Transport Services, Inc.
35,691
7,278,823
JetBlue Airways Corp. *
143,460
1,114,684
Joby Aviation, Inc. *(a)
144,592
1,294,098
Kirby Corp. *
25,967
2,115,791
Knight-Swift Transportation
Holdings, Inc.
69,190
4,203,293
Landstar System, Inc.
15,180
3,090,496
Lyft, Inc., Class A *
142,047
1,805,417
Marten Transport Ltd.
24,450
554,037
Matson, Inc.
15,481
1,446,854
Mesa Air Group, Inc. *
12,880
28,851
Norfolk Southern Corp.
97,655
22,811,231
60  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Old Dominion Freight Line, Inc.
38,587
16,186,861
P.A.M. Transportation Services, Inc. *
3,071
79,416
Pangaea Logistics Solutions Ltd.
13,298
92,687
Radiant Logistics, Inc. *
16,850
129,745
RXO, Inc. *
49,898
1,100,251
Ryder System, Inc.
19,907
2,033,500
Saia, Inc. *
11,426
4,834,798
Schneider National, Inc., Class B
16,152
497,643
SkyWest, Inc. *
19,023
836,822
Southwest Airlines Co.
257,979
8,812,563
Spirit Airlines, Inc.
47,850
875,655
Sun Country Airlines Holdings, Inc. *
14,296
308,222
TuSimple Holdings, Inc., Class A *
61,687
144,348
Uber Technologies, Inc. *
869,145
42,987,912
U-Haul Holding Co.
4,034
245,509
U-Haul Holding Co. - Non Voting
37,767
2,160,650
Union Pacific Corp.
262,138
60,821,259
United Airlines Holdings, Inc. *
141,547
7,687,418
United Parcel Service, Inc., Class B
311,239
58,242,154
Universal Logistics Holdings, Inc.
3,300
102,597
Werner Enterprises, Inc.
25,074
1,178,979
XPO, Inc. *
49,960
3,459,230
Yellow Corp. *
13,029
22,931
 
361,507,166
 
Utilities 2.4%
ALLETE, Inc.
24,735
1,420,531
Alliant Energy Corp.
109,729
5,896,836
Altus Power, Inc., Class A *
18,211
124,017
Ameren Corp.
112,584
9,645,071
American Electric Power Co., Inc.
221,460
18,766,520
American States Water Co.
15,639
1,382,644
American Water Works Co., Inc.
83,945
12,376,011
Artesian Resources Corp., Class A
2,941
133,992
Atmos Energy Corp.
61,630
7,500,987
Avangrid, Inc.
29,923
1,109,545
Avista Corp.
32,777
1,266,503
Black Hills Corp.
28,622
1,726,765
Cadiz, Inc. *
22,878
94,715
California Water Service Group
24,419
1,294,695
CenterPoint Energy, Inc.
270,520
8,139,947
Chesapeake Utilities Corp.
7,516
888,692
Clearway Energy, Inc., Class A
14,344
353,866
Clearway Energy, Inc., Class C
35,971
949,994
CMS Energy Corp.
125,567
7,668,377
Consolidated Edison, Inc.
147,861
14,026,094
Consolidated Water Co., Ltd.
7,055
137,996
Constellation Energy Corp.
138,975
13,431,934
Dominion Energy, Inc.
360,071
19,281,802
DTE Energy Co.
88,877
10,158,641
Duke Energy Corp.
330,734
30,963,317
Edison International
164,492
11,836,844
Entergy Corp.
90,744
9,319,409
Essential Utilities, Inc.
102,857
4,349,823
Evergy, Inc.
98,718
5,920,118
Eversource Energy
149,863
10,839,591
Exelon Corp.
425,293
17,802,765
FirstEnergy Corp.
231,369
9,113,625
Genie Energy Ltd., Class B
9,550
128,066
Global Water Resources, Inc.
4,694
59,614
Hawaiian Electric Industries, Inc.
47,139
1,809,666
IDACORP, Inc.
21,782
2,239,625
MGE Energy, Inc.
15,717
1,261,132
Middlesex Water Co.
7,892
634,675
Montauk Renewables, Inc. *
25,936
226,940
National Fuel Gas Co.
39,141
2,078,779
New Jersey Resources Corp.
41,506
1,855,318
NextEra Energy, Inc.
869,196
63,712,067
SECURITY
NUMBER
OF SHARES
VALUE ($)
NiSource, Inc.
178,654
4,973,727
Northwest Natural Holding Co.
14,999
644,507
NorthWestern Corp.
25,944
1,465,058
NRG Energy, Inc.
99,225
3,769,558
OGE Energy Corp.
85,976
3,108,032
ONE Gas, Inc.
23,827
1,885,431
Ormat Technologies, Inc.
22,300
1,812,990
Otter Tail Corp.
17,988
1,457,208
PG&E Corp. *
695,227
12,242,947
Pinnacle West Capital Corp.
48,627
4,027,288
PNM Resources, Inc.
37,120
1,663,718
Portland General Electric Co.
41,437
1,975,302
PPL Corp.
316,091
8,701,985
Public Service Enterprise Group, Inc.
213,001
13,444,623
Pure Cycle Corp. *
8,445
104,042
RGC Resources, Inc.
3,883
78,126
Sempra Energy
135,067
20,127,684
SJW Group
12,159
856,723
Southwest Gas Holdings, Inc.
28,489
1,878,565
Spire, Inc.
22,405
1,424,286
Spruce Power Holding Corp. *
69,465
67,381
Sunnova Energy International,
Inc. *(a)
43,239
763,601
The AES Corp.
288,071
6,230,976
The Southern Co.
468,394
33,883,622
The York Water Co.
6,196
256,081
UGI Corp.
90,241
2,435,605
Unitil Corp.
7,063
367,559
Via Renewables, Inc., Class A
1,312
10,719
Vistra Corp.
150,161
4,213,518
WEC Energy Group, Inc.
135,802
12,203,168
Xcel Energy, Inc.
236,863
14,858,416
 
472,859,995
Total Common Stocks
(Cost $9,723,665,897)
19,327,346,385
PREFERRED STOCKS 0.0% OF NET ASSETS
 
Software & Services 0.0%
SRAX, Inc. *(b)
9,789
587
Total Preferred Stocks
(Cost $530)
587
RIGHTS 0.0% OF NET ASSETS
 
Pharmaceuticals, Biotechnology & Life Sciences 0.0%
Aduro Biotech, Inc. CVR *(b)
5,747
14,201
Carisma Therapeutics, Inc. CVR *(b)
67,895
0
F-star Therapeutics, Inc. Agonist
CVR *(b)
975
421
F-star Therapeutics, Inc. Antagonist
CVR *(b)
975
421
IMARA, Inc. CVR *(b)
11,519
3,686
Satsuma Pharmaceuticals, Inc. CVR
*(b)
5,234
995
 
19,724
 
Semiconductors & Semiconductor Equipment 0.0%
Transphorm, Inc. strike USD
3.30 *(b)
11,592
0
Total Rights
(Cost $4,680)
19,724
  61

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.2% OF NET ASSETS
 
Money Market Funds 0.2%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.19% (d)(e)
38,098,229
38,098,229
Total Short-Term Investments
(Cost $38,098,229)
38,098,229
Total Investments in Securities
(Cost $9,761,769,336)
19,365,464,925
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
Russell 2000 Index, e-mini,
expires 09/15/23
131
13,189,080
427,066
S&P 500 Index, e-mini, expires
09/15/23
313
72,216,925
1,198,675
 
1,625,741
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$36,730,283.
(b)
Fair valued using significant unobservable inputs (see Notes for additional
information).
(c)
Issuer is affiliated with the fund’s investment adviser.
(d)
The rate shown is the annualized 7-day yield.
(e)
Security purchased with cash collateral received for securities on loan.
CVR —
Contingent Value Rights
REIT —
Real Estate Investment Trust
Below is a summary of the fund’s transactions with affiliated issuers during the period ended July 31, 2023:
SECURITY
VALUE AT
10/31/22
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
7/31/23
BALANCE
OF SHARES
HELD AT
7/31/23
DIVIDENDS
RECEIVED
COMMON STOCKS 0.2% OF NET ASSETS
 
Financial Services 0.2%
The Charles Schwab Corp.
$50,203,015
$1,441,150
($943,989)
($442,741)
($8,367,419)
$41,890,016
633,737
$459,839

62  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2023:
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$16,130,938,703
$
$
$16,130,938,703
Equity Real Estate Investment Trusts (REITs)
528,981,703
0
*
528,981,703
Health Care Equipment & Services
1,065,627,867
0
*
1,065,627,867
Pharmaceuticals, Biotechnology & Life Sciences
1,447,086,614
157,300
1,447,243,914
Telecommunication Services
154,530,873
23,325
154,554,198
Preferred Stocks1
Software & Services
587
587
Rights1
Pharmaceuticals, Biotechnology & Life Sciences
19,724
*
19,724
Semiconductors & Semiconductor Equipment
0
*
0
Short-Term Investments1
38,098,229
38,098,229
Futures Contracts2
1,625,741
1,625,741
Total
$19,366,889,730
$—
$200,936
$19,367,090,666
*
Level 3 amount shown includes securities determined to have no value at July 31, 2023.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
  63

Schwab Capital Trust
Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings as of July 31, 2023 (Unaudited)
The following are the portfolio holdings as of the report date. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.5% OF NET ASSETS
 
Automobiles & Components 3.3%
Tesla, Inc. *
162,172
43,369,658
 
Banks 0.1%
First Citizens BancShares, Inc., Class A
70
100,191
NU Holdings Ltd., Class A *
92,962
739,978
 
840,169
 
Capital Goods 3.0%
A.O. Smith Corp.
738
53,601
Advanced Drainage Systems, Inc.
3,646
444,776
Allegion plc
4,855
567,355
Allison Transmission Holdings, Inc.
521
30,577
Armstrong World Industries, Inc.
740
57,246
Axon Enterprise, Inc. *
4,040
751,157
BWX Technologies, Inc.
809
55,821
Caterpillar, Inc.
22,757
6,034,474
ChargePoint Holdings, Inc. *(a)
15,848
137,244
Deere & Co.
14,987
6,438,415
Donaldson Co., Inc.
3,005
188,804
EMCOR Group, Inc.
947
203,643
Fastenal Co.
25,211
1,477,617
Ferguson plc
627
101,336
Graco, Inc.
4,038
320,335
HEICO Corp.
2,502
440,302
HEICO Corp., Class A
4,194
588,628
Honeywell International, Inc.
5,058
981,910
Hubbell, Inc., Class B
1,435
447,720
IDEX Corp.
332
74,969
Illinois Tool Works, Inc.
14,549
3,831,043
Lincoln Electric Holdings, Inc.
3,063
614,775
Lockheed Martin Corp.
13,300
5,936,721
Northrop Grumman Corp.
482
214,490
Otis Worldwide Corp.
1,592
144,808
Quanta Services, Inc.
2,294
462,516
Rockwell Automation, Inc.
6,780
2,280,046
SiteOne Landscape Supply, Inc. *
846
143,820
Spirit AeroSystems Holdings, Inc.,
Class A *
588
18,710
The Boeing Co. *
4,450
1,062,882
The Toro Co.
6,075
617,524
Trane Technologies plc
3,945
786,791
TransDigm Group, Inc.
511
459,757
Trex Co., Inc. *
6,313
436,481
United Rentals, Inc.
816
379,179
Valmont Industries, Inc.
66
17,473
Vertiv Holdings Co., Class A
1,524
39,639
W.W. Grainger, Inc.
2,627
1,940,013
Watsco, Inc.
487
184,178
SECURITY
NUMBER
OF SHARES
VALUE ($)
WillScot Mobile Mini Holdings Corp. *
2,797
134,116
Xylem, Inc.
1,604
180,851
 
39,281,743
 
Commercial & Professional Services 1.8%
Automatic Data Processing, Inc.
20,865
5,159,080
Booz Allen Hamilton Holding Corp.,
Class A
7,655
926,867
Broadridge Financial Solutions, Inc.
5,744
964,532
Ceridian HCM Holding, Inc. *
738
52,258
Cintas Corp.
4,543
2,280,768
Copart, Inc. *
25,301
2,236,355
Equifax, Inc.
4,956
1,011,421
FTI Consulting, Inc. *
345
60,430
Genpact Ltd.
2,619
94,520
KBR, Inc.
2,978
183,117
MSA Safety, Inc.
372
61,752
Paychex, Inc.
18,925
2,374,520
Paycom Software, Inc.
3,033
1,118,449
Paycor HCM, Inc. *
1,413
37,953
Paylocity Holding Corp. *
2,416
548,070
RB Global, Inc.
8,142
524,996
Rollins, Inc.
12,891
526,340
Tetra Tech, Inc.
537
90,866
Verisk Analytics, Inc., Class A
8,393
1,921,493
Waste Management, Inc.
21,539
3,527,873
 
23,701,660
 
Consumer Discretionary Distribution & Retail 8.9%
Amazon.com, Inc. *
528,982
70,714,314
AutoZone, Inc. *
899
2,231,066
Best Buy Co., Inc.
1,587
131,800
Burlington Stores, Inc. *
3,803
675,489
CarMax, Inc. *
506
41,801
Coupang, Inc., Class A *
64,726
1,174,777
Dick's Sporting Goods, Inc.
253
35,673
eBay, Inc.
2,196
97,744
Etsy, Inc. *
4,036
410,259
Five Below, Inc. *
3,211
668,980
Floor & Decor Holdings, Inc., Class A *
6,108
701,504
Lowe’s Cos., Inc.
25,733
6,028,470
Murphy USA, Inc.
1,095
336,198
Ollie's Bargain Outlet Holdings, Inc. *
1,286
93,724
O'Reilly Automotive, Inc. *
3,034
2,808,847
Pool Corp.
2,246
864,126
RH *
167
64,824
Ross Stores, Inc.
18,434
2,113,274
The Home Depot, Inc.
59,558
19,882,843
The TJX Cos., Inc.
67,741
5,861,629
Tractor Supply Co.
6,434
1,441,151
Ulta Beauty, Inc. *
2,936
1,305,933
Valvoline, Inc.
2,657
100,886
Victoria's Secret & Co. *
1,922
39,382
64  

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Wayfair, Inc., Class A *
1,728
134,559
Williams-Sonoma, Inc.
474
65,715
 
118,024,968
 
Consumer Durables & Apparel 0.6%
Brunswick Corp.
299
25,807
Crocs, Inc. *
3,582
388,110
Deckers Outdoor Corp. *
1,527
830,215
Lululemon Athletica, Inc. *
6,534
2,473,315
NIKE, Inc., Class B
37,280
4,115,339
NVR, Inc. *
17
107,209
Peloton Interactive, Inc., Class A *
18,159
176,324
Polaris, Inc.
247
33,552
Skechers U.S.A., Inc., Class A *
534
29,680
Tapestry, Inc.
852
36,764
Tempur Sealy International, Inc.
1,924
85,868
TopBuild Corp. *
120
32,872
YETI Holdings, Inc. *
4,996
212,829
 
8,547,884
 
Consumer Services 3.0%
Airbnb, Inc., Class A *
23,802
3,622,426
Booking Holdings, Inc. *
2,183
6,485,256
Bright Horizons Family Solutions, Inc. *
406
39,394
Caesars Entertainment, Inc. *
4,800
283,296
Chipotle Mexican Grill, Inc., Class A *
1,615
3,169,082
Choice Hotels International, Inc.
1,758
229,859
Churchill Downs, Inc.
4,146
480,314
Darden Restaurants, Inc.
3,435
580,240
Domino’s Pizza, Inc.
2,050
813,317
DoorDash, Inc., Class A *
13,855
1,257,896
DraftKings, Inc., Class A *
24,533
779,659
Expedia Group, Inc. *
6,236
764,097
Grand Canyon Education, Inc. *
454
49,282
H&R Block, Inc.
5,738
192,854
Hilton Worldwide Holdings, Inc.
6,906
1,073,814
Las Vegas Sands Corp. *
18,220
1,089,738
Marriott International, Inc., Class A
14,840
2,994,860
McDonald’s Corp.
17,747
5,203,420
Norwegian Cruise Line Holdings Ltd. *
5,795
127,896
Planet Fitness, Inc., Class A *
2,298
155,207
Royal Caribbean Cruises Ltd. *
4,148
452,588
Service Corp. International
3,061
204,016
Starbucks Corp.
66,337
6,737,849
Texas Roadhouse, Inc., Class A
3,906
435,714
The Wendy's Co.
10,088
216,791
Travel & Leisure Co.
1,802
73,396
Vail Resorts, Inc.
220
51,808
Wingstop, Inc.
1,776
299,398
Wyndham Hotels & Resorts, Inc.
306
23,844
Wynn Resorts Ltd.
362
39,451
Yum! Brands, Inc.
14,436
1,987,404
 
39,914,166
 
Consumer Staples Distribution & Retail 1.8%
Albertsons Cos., Inc., Class A
2,150
46,720
BJ's Wholesale Club Holdings, Inc. *
2,688
178,241
Casey's General Stores, Inc.
299
75,545
Costco Wholesale Corp.
26,050
14,605,454
Dollar General Corp.
12,885
2,175,761
Performance Food Group Co. *
4,183
249,976
Sysco Corp.
29,854
2,278,159
Target Corp.
27,051
3,691,650
 
23,301,506
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Energy 0.5%
Antero Midstream Corp.
5,985
71,461
APA Corp.
15,938
645,330
Cheniere Energy, Inc.
14,236
2,304,239
Halliburton Co.
10,570
413,075
Hess Corp.
9,219
1,398,799
New Fortress Energy, Inc.
3,654
104,322
ONEOK, Inc.
1,377
92,314
Ovintiv, Inc.
6,282
289,537
Targa Resources Corp.
13,117
1,075,463
Texas Pacific Land Corp.
338
509,129
 
6,903,669
 
Equity Real Estate Investment Trusts (REITs) 0.9%
American Tower Corp.
27,362
5,207,262
Crown Castle, Inc.
2,693
291,625
Equinix, Inc.
2,763
2,237,809
Equity LifeStyle Properties, Inc.
3,248
231,193
Iron Mountain, Inc.
8,390
515,146
Lamar Advertising Co., Class A
4,038
398,551
Public Storage
5,346
1,506,236
SBA Communications Corp., Class A
637
139,471
Simon Property Group, Inc.
4,184
521,326
Sun Communities, Inc.
1,503
195,841
UDR, Inc.
946
38,672
 
11,283,132
 
Financial Services 5.5%
American Express Co.
11,500
1,942,120
Ameriprise Financial, Inc.
6,189
2,156,557
Apollo Global Management, Inc.
30,779
2,514,952
Ares Management Corp., Class A
9,403
932,966
Blackstone, Inc.
41,460
4,344,593
Block, Inc. *
11,820
951,865
Blue Owl Capital, Inc., Class A
3,666
45,165
Equitable Holdings, Inc.
21,463
615,773
Euronet Worldwide, Inc. *
1,365
119,942
FactSet Research Systems, Inc.
2,253
980,145
Fiserv, Inc. *
9,953
1,256,168
FleetCor Technologies, Inc. *
3,903
971,496
Houlihan Lokey, Inc., Class A
241
24,064
Jack Henry & Associates, Inc.
1,373
230,074
KKR & Co., Inc.
9,503
564,288
LPL Financial Holdings, Inc.
4,564
1,046,799
MarketAxess Holdings, Inc.
2,172
584,746
Mastercard, Inc., Class A
49,327
19,448,649
Moody's Corp.
8,513
3,002,961
Morningstar, Inc.
1,497
345,028
MSCI, Inc., Class A
2,288
1,254,007
PayPal Holdings, Inc. *
59,773
4,531,989
Rocket Cos., Inc., Class A *
2,882
31,500
S&P Global, Inc.
1,581
623,720
Shift4 Payments, Inc., Class A *
3,178
219,250
SLM Corp.
5,198
84,104
The Western Union Co.
3,182
38,757
Toast, Inc., Class A *
20,520
452,876
TPG, Inc.
981
28,871
Tradeweb Markets, Inc., Class A
2,356
192,697
UWM Holdings Corp.
2,410
15,810
Visa, Inc., Class A
95,220
22,636,651
WEX, Inc. *
1,099
208,096
XP, Inc., Class A *
1,582
42,730
 
72,439,409
 
  65

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Food, Beverage & Tobacco 1.8%
Brown-Forman Corp., Class A
2,210
158,921
Brown-Forman Corp., Class B
8,565
604,689
Celsius Holdings, Inc. *
3,204
463,619
Constellation Brands, Inc., Class A
887
241,973
Freshpet, Inc. *
703
51,699
Lamb Weston Holdings, Inc.
8,029
832,045
Monster Beverage Corp. *
43,726
2,513,808
PepsiCo, Inc.
56,002
10,498,135
The Boston Beer Co., Inc., Class A *
507
188,320
The Coca-Cola Co.
113,621
7,036,548
The Hershey Co.
6,425
1,486,167
 
24,075,924
 
Health Care Equipment & Services 4.4%
Abbott Laboratories
6,351
707,057
agilon health, Inc. *
14,625
280,069
Align Technology, Inc. *
4,483
1,694,081
AmerisourceBergen Corp.
9,520
1,779,288
Cardinal Health, Inc.
7,736
707,612
Certara, Inc. *
2,432
47,351
Chemed Corp.
604
314,738
Cigna Corp.
1,260
371,826
DaVita, Inc. *
3,172
323,512
DexCom, Inc. *
22,754
2,834,238
Doximity, Inc., Class A *
2,898
103,546
Edwards Lifesciences Corp. *
35,357
2,901,749
Elevance Health, Inc.
1,850
872,515
Encompass Health Corp.
313
20,667
GE Healthcare, Inc. *
1,765
137,670
HCA Healthcare, Inc.
2,466
672,749
Humana, Inc.
3,179
1,452,263
IDEXX Laboratories, Inc. *
4,837
2,683,229
Inspire Medical Systems, Inc. *
1,693
487,262
Insulet Corp. *
4,089
1,131,631
Intuitive Surgical, Inc. *
20,539
6,662,852
Masimo Corp. *
2,752
336,570
McKesson Corp.
3,071
1,235,770
Molina Healthcare, Inc. *
1,829
556,912
Novocure Ltd. *
6,223
203,119
Penumbra, Inc. *
2,114
641,303
ResMed, Inc.
8,539
1,898,647
Shockwave Medical, Inc. *
2,127
554,296
Stryker Corp.
5,330
1,510,575
Tandem Diabetes Care, Inc. *
516
18,019
UnitedHealth Group, Inc.
45,967
23,276,310
Veeva Systems, Inc., Class A *
8,574
1,750,982
 
58,168,408
 
Household & Personal Products 0.7%
Church & Dwight Co., Inc.
12,857
1,230,029
Kimberly-Clark Corp.
18,567
2,397,000
The Clorox Co.
7,267
1,100,805
The Estee Lauder Cos., Inc., Class A
4,242
763,560
The Procter & Gamble Co.
26,086
4,077,242
 
9,568,636
 
Insurance 0.7%
Arch Capital Group Ltd. *
2,981
231,594
Arthur J. Gallagher & Co.
719
154,441
Brighthouse Financial, Inc. *
275
14,336
Brown & Brown, Inc.
5,287
372,469
Everest Re Group Ltd.
325
117,166
Kinsale Capital Group, Inc.
1,267
472,122
Lincoln National Corp.
820
22,993
SECURITY
NUMBER
OF SHARES
VALUE ($)
Marsh & McLennan Cos., Inc.
23,352
4,399,984
Primerica, Inc.
1,330
282,891
RenaissanceRe Holdings Ltd.
739
138,016
RLI Corp.
538
71,774
Ryan Specialty Holdings, Inc., Class A *
5,357
232,172
The Progressive Corp.
25,716
3,239,702
Willis Towers Watson plc
774
163,569
 
9,913,229
 
Materials 0.7%
Ardagh Metal Packaging S.A.
7,135
26,970
Avery Dennison Corp.
1,537
282,823
Axalta Coating Systems Ltd. *
1,280
40,960
Eagle Materials, Inc.
1,361
250,928
Ecolab, Inc.
11,357
2,079,921
FMC Corp.
1,034
99,502
Ginkgo Bioworks Holdings, Inc. *
10,293
25,835
Graphic Packaging Holding Co.
9,726
235,369
Linde plc
2,709
1,058,325
PPG Industries, Inc.
3,466
498,757
RPM International, Inc.
1,415
146,184
Sealed Air Corp.
4,607
210,171
Southern Copper Corp.
4,952
433,003
The Scotts Miracle-Gro Co.
2,416
169,217
The Sherwin-Williams Co.
11,652
3,221,778
Vulcan Materials Co.
1,705
375,953
 
9,155,696
 
Media & Entertainment 11.3%
Alphabet, Inc., Class A *
348,725
46,282,782
Alphabet, Inc., Class C *
302,160
40,220,518
Cable One, Inc.
34
24,614
Charter Communications, Inc., Class A *
6,043
2,448,563
Liberty Broadband Corp., Class A *
194
17,233
Liberty Broadband Corp., Class C *
1,449
129,149
Live Nation Entertainment, Inc. *
2,133
187,171
Match Group, Inc. *
15,265
709,975
Meta Platforms, Inc., Class A *
130,020
41,424,372
Netflix, Inc. *
25,783
11,317,964
Nexstar Media Group, Inc., Class A
720
134,438
Pinterest, Inc., Class A *
35,469
1,028,246
Playtika Holding Corp. *
1,430
17,074
ROBLOX Corp., Class A *
26,948
1,057,709
Roku, Inc. *
902
86,836
Spotify Technology S.A. *
8,163
1,219,634
The Trade Desk, Inc., Class A *
25,845
2,358,615
World Wrestling Entertainment, Inc.,
Class A
2,530
265,650
ZoomInfo Technologies, Inc., Class A *
10,216
261,223
 
149,191,766
 
Pharmaceuticals, Biotechnology & Life Sciences 6.3%
10X Genomics, Inc., Class A *
5,333
335,872
AbbVie, Inc.
103,732
15,516,233
Agilent Technologies, Inc.
14,106
1,717,688
Alnylam Pharmaceuticals, Inc. *
5,846
1,142,308
Amgen, Inc.
21,358
5,000,976
Apellis Pharmaceuticals, Inc. *
5,772
148,629
BioMarin Pharmaceutical, Inc. *
1,244
109,385
Bio-Techne Corp.
8,601
717,323
Bruker Corp.
6,218
427,301
Eli Lilly & Co.
49,755
22,616,135
Exact Sciences Corp. *
3,661
357,094
Exelixis, Inc. *
13,643
268,904
Horizon Therapeutics plc *
11,612
1,164,335
ICON plc, ADR *
715
179,758
66  

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Illumina, Inc. *
2,758
529,950
Incyte Corp. *
7,950
506,574
Ionis Pharmaceuticals, Inc. *
7,200
298,296
IQVIA Holdings, Inc. *
10,012
2,240,285
Jazz Pharmaceuticals plc *
1,863
242,973
Karuna Therapeutics, Inc. *
1,857
370,973
Maravai LifeSciences Holdings, Inc.,
Class A *
4,056
45,873
Medpace Holdings, Inc. *
1,371
347,096
Merck & Co., Inc.
27,503
2,933,195
Mettler-Toledo International, Inc. *
1,275
1,603,274
Natera, Inc. *
6,015
271,998
Neurocrine Biosciences, Inc. *
5,694
580,162
Regeneron Pharmaceuticals, Inc. *
411
304,925
Repligen Corp. *
1,397
239,669
Roivant Sciences Ltd. *
13,708
164,222
Sarepta Therapeutics, Inc. *
5,210
564,712
Seagen, Inc. *
8,227
1,577,774
Sotera Health Co. *
4,239
80,456
Thermo Fisher Scientific, Inc.
13,978
7,669,170
Ultragenyx Pharmaceutical, Inc. *
3,963
170,885
Vertex Pharmaceuticals, Inc. *
13,867
4,885,899
Waters Corp. *
3,440
950,162
West Pharmaceutical Services, Inc.
4,350
1,600,974
Zoetis, Inc.
27,203
5,116,612
 
82,998,050
 
Real Estate Management & Development 0.1%
CoStar Group, Inc. *
10,327
867,158
 
Semiconductors & Semiconductor Equipment 9.6%
Advanced Micro Devices, Inc. *
53,616
6,133,670
Allegro MicroSystems, Inc. *
3,957
204,221
Applied Materials, Inc.
41,960
6,360,716
Broadcom, Inc.
23,999
21,566,701
Enphase Energy, Inc. *
7,815
1,186,551
Entegris, Inc.
457
50,137
KLA Corp.
8,062
4,143,465
Lam Research Corp.
7,471
5,367,839
Lattice Semiconductor Corp. *
8,001
727,611
Microchip Technology, Inc.
22,672
2,129,808
Monolithic Power Systems, Inc.
2,667
1,492,160
NVIDIA Corp.
139,499
65,186,488
QUALCOMM, Inc.
57,195
7,559,463
Teradyne, Inc.
7,782
878,899
Texas Instruments, Inc.
21,845
3,932,100
Universal Display Corp.
1,246
181,767
 
127,101,596
 
Software & Services 19.4%
Accenture plc, Class A
37,159
11,755,250
Adobe, Inc. *
26,935
14,711,089
Alteryx, Inc., Class A *
3,563
147,722
ANSYS, Inc. *
4,212
1,440,925
AppLovin Corp., Class A *
3,553
111,564
Atlassian Corp., Class A *
8,499
1,546,308
Autodesk, Inc. *
12,688
2,689,729
Bentley Systems, Inc., Class B
10,446
562,830
Cadence Design Systems, Inc. *
15,905
3,721,929
Cloudflare, Inc., Class A *
16,890
1,161,525
Confluent, Inc., Class A *
10,913
376,935
Crowdstrike Holdings, Inc., Class A *
12,406
2,005,554
Datadog, Inc., Class A *
16,036
1,871,722
DocuSign, Inc., Class A *
11,854
637,982
DoubleVerify Holdings, Inc. *
6,721
282,954
Dropbox, Inc., Class A *
13,646
367,760
SECURITY
NUMBER
OF SHARES
VALUE ($)
Dynatrace, Inc. *
12,859
703,259
Elastic N.V. *
4,481
297,762
EPAM Systems, Inc. *
3,265
773,185
Fair Isaac Corp. *
1,424
1,193,269
Five9, Inc. *
4,161
365,128
Fortinet, Inc. *
38,665
3,005,044
Gartner, Inc. *
4,513
1,595,752
Gen Digital, Inc.
4,846
94,255
Gitlab, Inc., Class A *
2,923
145,068
Globant S.A. *
2,438
425,992
GoDaddy, Inc., Class A *
5,447
419,909
HashiCorp, Inc., Class A *
3,855
114,147
HubSpot, Inc. *
2,713
1,575,032
Informatica, Inc., Class A *
276
5,255
Intuit, Inc.
16,063
8,219,437
Manhattan Associates, Inc. *
3,630
691,951
Microsoft Corp.
437,193
146,861,873
MongoDB, Inc., Class A *
3,856
1,632,630
nCino, Inc. *
343
11,096
New Relic, Inc. *
3,220
270,416
Nutanix, Inc., Class A *
3,402
102,740
Okta, Inc. *
551
42,350
Oracle Corp.
36,785
4,312,306
Palantir Technologies, Inc., Class A *
110,028
2,182,955
Palo Alto Networks, Inc. *
17,530
4,381,799
Pegasystems, Inc.
2,455
129,501
Procore Technologies, Inc. *
4,572
346,786
PTC, Inc. *
3,389
494,150
RingCentral, Inc., Class A *
4,955
204,939
Salesforce, Inc. *
41,960
9,441,420
SentinelOne, Inc., Class A *
1,457
24,288
ServiceNow, Inc. *
11,970
6,978,510
Smartsheet, Inc., Class A *
7,298
324,031
Snowflake, Inc., Class A *
18,218
3,237,521
Splunk, Inc. *
9,575
1,037,260
Synopsys, Inc. *
8,933
4,035,929
Teradata Corp. *
6,007
341,498
Twilio, Inc., Class A *
1,691
111,657
Tyler Technologies, Inc. *
1,835
727,816
UiPath, Inc., Class A *
16,807
303,871
Unity Software, Inc. *
6,594
302,269
VeriSign, Inc. *
296
62,441
VMware, Inc., Class A *
12,646
1,993,389
Workday, Inc., Class A *
11,676
2,768,730
Zscaler, Inc. *
5,122
821,466
 
256,501,860
 
Technology Hardware & Equipment 13.8%
Amphenol Corp., Class A
17,248
1,523,171
Apple Inc.
876,744
172,236,359
Arista Networks, Inc. *
14,719
2,282,770
CDW Corp.
7,480
1,399,283
HP, Inc.
11,071
363,461
Jabil, Inc.
4,900
542,283
Keysight Technologies, Inc. *
2,655
427,667
Motorola Solutions, Inc.
8,945
2,563,905
National Instruments Corp.
5,917
349,103
NetApp, Inc.
5,242
408,928
Pure Storage, Inc., Class A *
13,011
481,277
Ubiquiti, Inc.
232
41,215
Vontier Corp.
3,102
95,945
Zebra Technologies Corp., Class A *
529
162,911
 
182,878,278
 
Telecommunication Services 0.0%
Iridium Communications, Inc.
6,851
360,020
 
  67

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Transportation 1.2%
American Airlines Group, Inc. *
14,323
239,910
Avis Budget Group, Inc. *
425
93,623
C.H. Robinson Worldwide, Inc.
5,206
521,537
CSX Corp.
13,318
443,756
Delta Air Lines, Inc.
1,941
89,791
Expeditors International of Washington,
Inc.
1,219
155,179
JB Hunt Transport Services, Inc.
950
193,743
Landstar System, Inc.
1,664
338,774
Lyft, Inc., Class A *
17,925
227,827
Old Dominion Freight Line, Inc.
5,400
2,265,246
Saia, Inc. *
182
77,011
Uber Technologies, Inc. *
113,998
5,638,341
U-Haul Holding Co.
198
12,050
U-Haul Holding Co. - Non Voting
1,760
100,690
Union Pacific Corp.
15,338
3,558,723
United Parcel Service, Inc., Class B
11,794
2,207,011
 
16,163,212
 
Utilities 0.1%
The AES Corp.
23,590
510,252
Vistra Corp.
6,210
174,252
 
684,504
Total Common Stocks
(Cost $902,766,340)
1,315,236,301
INVESTMENT COMPANIES 0.1% OF NET ASSETS
 
Equity Funds 0.1%
iShares Russell 1000 Growth ETF
4,500
1,280,880
Total Investment Companies
(Cost $1,106,164)
1,280,880
 
 
 
SHORT-TERM INVESTMENTS 0.5% OF NET ASSETS
 
Money Market Funds 0.5%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.19% (b)
5,912,876
5,912,876
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.19% (b)(c)
127,300
127,300
 
6,040,176
Total Short-Term Investments
(Cost $6,040,176)
6,040,176
Total Investments in Securities
(Cost $909,912,680)
1,322,557,357
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
Russell 1000 Growth Index,
e-mini, expires 09/15/23
16
2,304,480
21,846
S&P 500 Index, e-mini, expires
09/15/23
11
2,537,975
4,499
 
26,345
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$123,450.
(b)
The rate shown is the annualized 7-day yield.
(c)
Security purchased with cash collateral received for securities on loan.
ADR —
American Depositary Receipt
ETF —
Exchange-traded fund
SECURITY
VALUE AT
10/31/22
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
7/31/23
BALANCE
OF SHARES
HELD AT
7/31/23
DIVIDENDS
RECEIVED
COMMON STOCKS 0.0% OF NET ASSETS
 
Financial Services 0.0%
The Charles Schwab Corp.
$3,444,771
$583,795
($2,802,402)
($581,993)
($644,171)
$
$32,745

68  

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2023:
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$1,315,236,301
$
$
$1,315,236,301
Investment Companies1
1,280,880
1,280,880
Short-Term Investments1
6,040,176
6,040,176
Futures Contracts2
26,345
26,345
Total
$1,322,583,702
$—
$—
$1,322,583,702
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
Fund investments in mutual funds and ETFs are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds and ETFs, which could be Level 1, Level 2 or Level 3.
  69

Schwab Capital Trust
Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings as of July 31, 2023 (Unaudited)
The following are the portfolio holdings as of the report date. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.4% OF NET ASSETS
 
Automobiles & Components 1.0%
Aptiv plc *
8,990
984,315
BorgWarner, Inc.
7,698
357,957
Ford Motor Co.
130,809
1,727,987
General Motors Co.
46,230
1,773,845
Gentex Corp.
7,813
262,360
Harley-Davidson, Inc.
4,336
167,413
Lear Corp.
1,933
299,151
Lucid Group, Inc. *
25,058
190,691
Phinia, Inc. *
1,521
43,151
QuantumScape Corp., Class A *(a)
9,528
126,818
Rivian Automotive, Inc., Class A *
17,056
471,428
Thor Industries, Inc.
1,693
195,525
 
6,600,641
 
Banks 6.7%
Bank of America Corp.
231,424
7,405,568
Bank OZK
3,670
160,489
BOK Financial Corp.
938
83,557
Citigroup, Inc.
64,850
3,090,751
Citizens Financial Group, Inc.
15,981
515,547
Columbia Banking System, Inc.
6,924
154,751
Comerica, Inc.
4,406
237,748
Commerce Bancshares, Inc.
3,810
202,616
Cullen/Frost Bankers, Inc.
1,971
214,011
East West Bancorp, Inc.
4,678
291,018
F.N.B. Corp.
11,907
152,291
Fifth Third Bancorp
22,502
654,808
First Citizens BancShares, Inc., Class A
319
456,585
First Hawaiian, Inc.
4,282
88,595
First Horizon Corp.
17,605
239,956
Huntington Bancshares, Inc.
47,646
583,187
JPMorgan Chase & Co.
97,152
15,346,130
KeyCorp
31,038
382,078
M&T Bank Corp.
5,487
767,412
New York Community Bancorp, Inc.
23,719
328,983
NU Holdings Ltd., Class A *
23,969
190,793
Pinnacle Financial Partners, Inc.
2,505
190,129
Popular, Inc.
2,343
169,985
Prosperity Bancshares, Inc.
2,876
182,108
Regions Financial Corp.
30,977
631,001
Synovus Financial Corp.
4,793
162,483
The PNC Financial Services Group, Inc.
13,225
1,810,370
Truist Financial Corp.
44,068
1,463,939
U.S. Bancorp
50,939
2,021,260
Webster Financial Corp.
5,782
273,604
Wells Fargo & Co.
126,023
5,817,222
Western Alliance Bancorp
3,600
187,020
SECURITY
NUMBER
OF SHARES
VALUE ($)
Wintrust Financial Corp.
2,026
170,913
Zions Bancorp NA
4,846
185,359
 
44,812,267
 
Capital Goods 9.6%
3M Co.
18,331
2,043,906
A.O. Smith Corp.
3,650
265,099
Acuity Brands, Inc.
1,052
173,832
AECOM
4,361
379,407
AGCO Corp.
2,060
274,186
Air Lease Corp., Class A
3,445
145,861
Allegion plc
213
24,891
Allison Transmission Holdings, Inc.
2,732
160,341
AMETEK, Inc.
7,626
1,209,484
Armstrong World Industries, Inc.
1,072
82,930
Builders FirstSource, Inc. *
4,219
609,350
BWX Technologies, Inc.
2,499
172,431
Carlisle Cos., Inc.
1,688
467,914
Carrier Global Corp.
27,697
1,649,356
Caterpillar, Inc.
4,287
1,136,784
CNH Industrial NV
32,320
464,115
Core & Main, Inc., Class A *
2,854
90,215
Crane Co.
1,598
149,717
Crane NXT Co.
1,616
95,586
Cummins, Inc.
4,708
1,227,846
Curtiss-Wright Corp.
1,270
243,027
Deere & Co.
592
254,323
Donaldson Co., Inc.
2,359
148,216
Dover Corp.
4,625
675,111
Eaton Corp. plc
13,228
2,715,973
EMCOR Group, Inc.
1,013
217,836
Emerson Electric Co.
18,958
1,731,813
Esab Corp.
1,879
129,087
Fastenal Co.
4,718
276,522
Ferguson plc
6,478
1,046,974
Flowserve Corp.
4,356
164,483
Fortive Corp.
11,739
919,751
Fortune Brands Innovations, Inc.
4,211
299,276
Gates Industrial Corp. plc *
3,837
52,260
Generac Holdings, Inc. *
2,003
307,861
General Dynamics Corp.
8,160
1,824,413
General Electric Co.
36,030
4,116,067
Graco, Inc.
3,290
260,996
Hayward Holdings, Inc. *
3,580
47,829
HEICO Corp.
145
25,517
HEICO Corp., Class A
256
35,930
Hexcel Corp.
2,818
199,176
Honeywell International, Inc.
19,266
3,740,109
Howmet Aerospace, Inc.
12,570
642,830
Hubbell, Inc., Class B
971
302,952
Huntington Ingalls Industries, Inc.
1,290
296,274
IDEX Corp.
2,299
519,137
Illinois Tool Works, Inc.
1,845
485,825
Ingersoll Rand, Inc.
13,434
876,837
ITT, Inc.
2,752
274,099
70  

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Johnson Controls International plc
22,827
1,587,618
L3Harris Technologies, Inc.
6,279
1,189,808
Lennox International, Inc.
1,065
391,324
Lincoln Electric Holdings, Inc.
118
23,684
Masco Corp.
7,491
454,554
MasTec, Inc. *
2,070
243,743
MDU Resources Group, Inc.
6,729
148,845
Mercury Systems, Inc. *
1,607
61,034
MSC Industrial Direct Co., Inc., Class A
1,530
154,408
Nordson Corp.
1,905
479,317
Northrop Grumman Corp.
4,501
2,002,945
nVent Electric plc
5,479
289,730
Oshkosh Corp.
2,151
198,043
Otis Worldwide Corp.
12,904
1,173,748
Owens Corning
2,991
418,710
PACCAR, Inc.
17,021
1,466,019
Parker-Hannifin Corp.
4,243
1,739,672
Pentair plc
5,465
379,817
Plug Power, Inc. *
17,163
225,179
Quanta Services, Inc.
3,530
711,719
RBC Bearings, Inc. *
942
212,939
Regal Rexnord Corp.
2,203
344,065
RTX Corp.
48,725
4,284,389
Sensata Technologies Holding plc
5,024
212,264
SiteOne Landscape Supply, Inc. *
997
169,490
Snap-on, Inc.
1,734
472,411
Spirit AeroSystems Holdings, Inc., Class A *
3,039
96,701
Stanley Black & Decker, Inc.
5,101
506,376
Sunrun, Inc. *
7,028
133,391
Textron, Inc.
6,660
517,948
The AZEK Co., Inc., Class A *
4,083
127,390
The Boeing Co. *
16,010
3,823,988
The Middleby Corp. *
1,772
269,078
The Timken Co.
2,062
191,477
Trane Technologies plc
5,332
1,063,414
TransDigm Group, Inc.
1,447
1,301,895
United Rentals, Inc.
1,818
844,788
Univar Solutions, Inc. *
5,119
185,001
Valmont Industries, Inc.
645
170,764
Vertiv Holdings Co., Class A
9,980
259,580
Watsco, Inc.
822
310,872
WESCO International, Inc.
1,474
258,790
Westinghouse Air Brake Technologies Corp.
5,941
703,652
WillScot Mobile Mini Holdings Corp. *
4,830
231,599
Woodward, Inc.
1,970
237,149
Xylem, Inc.
6,932
781,583
 
64,704,666
 
Commercial & Professional Services 1.1%
Automatic Data Processing, Inc.
1,941
479,932
Broadridge Financial Solutions, Inc.
623
104,614
CACI International, Inc., Class A *
752
263,531
Ceridian HCM Holding, Inc. *
4,491
318,008
Cintas Corp.
311
156,134
Clarivate plc *
15,675
149,069
Clean Harbors, Inc. *
1,710
284,305
Concentrix Corp.
1,464
121,863
Driven Brands Holdings, Inc. *
2,018
52,206
Dun & Bradstreet Holdings, Inc.
8,838
104,465
Equifax, Inc.
1,251
255,304
FTI Consulting, Inc. *
896
156,943
Genpact Ltd.
4,451
160,636
Jacobs Solutions, Inc.
4,165
522,333
KBR, Inc.
2,828
173,894
Leidos Holdings, Inc.
4,548
425,374
ManpowerGroup, Inc.
1,677
132,282
MSA Safety, Inc.
1,012
167,992
Paycor HCM, Inc. *
971
26,081
SECURITY
NUMBER
OF SHARES
VALUE ($)
RB Global, Inc.
1,437
92,658
Republic Services, Inc., Class A
6,883
1,040,090
Robert Half, Inc.
3,503
259,747
Science Applications International Corp.
1,771
214,893
SS&C Technologies Holdings, Inc.
7,183
418,410
Stericycle, Inc. *
3,067
130,317
Tetra Tech, Inc.
1,446
244,678
TransUnion
6,393
509,458
Waste Management, Inc.
1,372
224,720
 
7,189,937
 
Consumer Discretionary Distribution & Retail 1.1%
Advance Auto Parts, Inc.
1,931
143,647
AutoNation, Inc. *
1,014
163,234
AutoZone, Inc. *
99
245,690
Bath & Body Works, Inc.
7,540
279,432
Best Buy Co., Inc.
5,602
465,246
CarMax, Inc. *
4,967
410,324
Dick's Sporting Goods, Inc.
1,854
261,414
eBay, Inc.
16,620
739,756
Etsy, Inc. *
1,785
181,445
GameStop Corp., Class A *(a)
8,956
198,823
Genuine Parts Co.
4,654
724,721
Kohl's Corp.
3,585
101,993
Lithia Motors, Inc., Class A
901
279,788
LKQ Corp.
8,818
483,138
Lowe’s Cos., Inc.
5,295
1,240,460
Macy's, Inc.
8,808
146,125
Murphy USA, Inc.
34
10,439
Nordstrom, Inc.
3,861
89,228
Ollie's Bargain Outlet Holdings, Inc. *
1,404
102,324
O'Reilly Automotive, Inc. *
305
282,366
Penske Automotive Group, Inc.
670
108,151
Petco Health & Wellness Co., Inc., Class A *
2,727
22,252
RH *
451
175,065
Ross Stores, Inc.
760
87,126
The Gap, Inc.
6,300
64,890
Valvoline, Inc.
4,191
159,132
Victoria's Secret & Co. *
1,404
28,768
Wayfair, Inc., Class A *
1,781
138,687
Williams-Sonoma, Inc.
1,865
258,564
 
7,592,228
 
Consumer Durables & Apparel 1.5%
Brunswick Corp.
2,192
189,191
Capri Holdings Ltd. *
3,986
147,123
Carter's, Inc.
1,238
92,862
Columbia Sportswear Co.
1,158
91,030
D.R. Horton, Inc.
10,336
1,312,879
Garmin Ltd.
5,120
542,157
Hasbro, Inc.
4,352
280,965
Leggett & Platt, Inc.
4,412
129,095
Lennar Corp., Class A
8,263
1,047,996
Lennar Corp., Class B
445
51,135
Mattel, Inc. *
11,724
249,721
Mohawk Industries, Inc. *
1,746
185,670
Newell Brands, Inc.
12,673
141,431
NIKE, Inc., Class B
18,517
2,044,092
NVR, Inc. *
89
561,273
Polaris, Inc.
1,646
223,593
PulteGroup, Inc.
7,349
620,182
PVH Corp.
2,059
184,569
Ralph Lauren Corp., Class A
1,344
176,507
Skechers U.S.A., Inc., Class A *
4,251
236,271
Tapestry, Inc.
7,358
317,498
Tempur Sealy International, Inc.
4,392
196,015
Toll Brothers, Inc.
3,678
295,454
  71

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
TopBuild Corp. *
987
270,369
Under Armour, Inc., Class A *
6,150
49,569
Under Armour, Inc., Class C *
5,965
44,260
VF Corp.
11,644
230,668
Whirlpool Corp.
1,782
257,071
 
10,168,646
 
Consumer Services 1.6%
ADT, Inc.
6,815
43,480
Aramark
7,723
311,778
Boyd Gaming Corp.
2,429
165,949
Bright Horizons Family Solutions, Inc. *
1,666
161,652
Caesars Entertainment, Inc. *
4,049
238,972
Carnival Corp. *
32,933
620,458
Darden Restaurants, Inc.
2,124
358,786
DoorDash, Inc., Class A *
2,165
196,560
Expedia Group, Inc. *
1,282
157,084
Grand Canyon Education, Inc. *
737
80,001
H&R Block, Inc.
1,734
58,280
Hilton Worldwide Holdings, Inc.
4,621
718,519
Hyatt Hotels Corp., Class A
1,537
194,200
Las Vegas Sands Corp. *
730
43,661
Marriott Vacations Worldwide Corp.
1,217
156,397
McDonald’s Corp.
14,275
4,185,430
MGM Resorts International
9,925
503,892
Mister Car Wash, Inc. *
2,426
24,090
Norwegian Cruise Line Holdings Ltd. *
10,687
235,862
Penn Entertainment, Inc. *
5,105
134,210
Planet Fitness, Inc., Class A *
1,493
100,837
Royal Caribbean Cruises Ltd. *
5,417
591,049
Service Corp. International
3,152
210,081
Travel & Leisure Co.
1,315
53,560
Vail Resorts, Inc.
1,200
282,588
Wyndham Hotels & Resorts, Inc.
2,579
200,956
Wynn Resorts Ltd.
3,249
354,076
Yum! Brands, Inc.
1,108
152,538
 
10,534,946
 
Consumer Staples Distribution & Retail 1.8%
Albertsons Cos., Inc., Class A
12,532
272,321
BJ's Wholesale Club Holdings, Inc. *
2,872
190,442
Casey's General Stores, Inc.
1,062
268,325
Dollar Tree, Inc. *
6,928
1,069,198
Grocery Outlet Holding Corp. *
3,178
106,304
Performance Food Group Co. *
2,686
160,515
The Kroger Co.
21,662
1,053,640
U.S. Foods Holding Corp. *
7,548
322,526
Walgreens Boots Alliance, Inc.
23,872
715,444
Walmart, Inc.
47,403
7,577,844
 
11,736,559
 
Energy 8.2%
Antero Midstream Corp.
7,316
87,353
Antero Resources Corp. *
9,446
252,680
APA Corp.
1,147
46,442
Baker Hughes Co., Class A
33,635
1,203,797
Chesapeake Energy Corp.
4,226
356,421
Chevron Corp.
57,456
9,403,249
ConocoPhillips
40,429
4,759,302
Coterra Energy, Inc.
25,044
689,712
Devon Energy Corp.
21,360
1,153,440
Diamondback Energy, Inc.
5,989
882,299
DTE Midstream LLC *
3,232
172,977
EOG Resources, Inc.
19,481
2,581,817
EQT Corp.
12,010
506,582
Exxon Mobil Corp.
134,978
14,475,041
SECURITY
NUMBER
OF SHARES
VALUE ($)
Halliburton Co.
23,827
931,159
Hess Corp.
4,056
615,417
HF Sinclair Corp.
4,721
245,917
Kinder Morgan, Inc.
65,074
1,152,461
Marathon Oil Corp.
20,517
538,982
Marathon Petroleum Corp.
14,661
1,950,206
NOV, Inc.
13,066
262,365
Occidental Petroleum Corp.
23,252
1,467,899
ONEOK, Inc.
14,024
940,169
Ovintiv, Inc.
4,421
203,764
PDC Energy, Inc.
2,841
215,603
Phillips 66
15,359
1,713,296
Pioneer Natural Resources Co.
7,759
1,750,973
Range Resources Corp.
7,811
245,500
Schlumberger Ltd.
47,339
2,761,757
Southwestern Energy Co. *
36,631
237,369
TechnipFMC plc *
14,621
268,149
The Williams Cos., Inc.
40,491
1,394,915
Valero Energy Corp.
11,972
1,543,310
 
55,010,323
 
Equity Real Estate Investment Trusts (REITs) 4.5%
Agree Realty Corp.
2,985
193,368
Alexandria Real Estate Equities, Inc.
5,687
714,742
American Homes 4 Rent, Class A
11,002
412,355
Americold Realty Trust, Inc.
8,995
291,618
Apartment Income REIT Corp.
4,911
169,626
AvalonBay Communities, Inc.
4,640
875,336
Boston Properties, Inc.
5,225
348,142
Brixmor Property Group, Inc.
9,970
226,718
Camden Property Trust
3,426
373,742
Cousins Properties, Inc.
5,006
122,297
Crown Castle, Inc.
12,847
1,391,202
CubeSmart
7,450
323,032
Digital Realty Trust, Inc.
9,660
1,203,829
EastGroup Properties, Inc.
1,461
258,860
EPR Properties
2,479
110,663
Equinix, Inc.
1,543
1,249,707
Equity LifeStyle Properties, Inc.
3,983
283,510
Equity Residential
12,381
816,403
Essex Property Trust, Inc.
2,113
514,621
Extra Space Storage, Inc.
6,945
969,314
Federal Realty Investment Trust
2,693
273,393
First Industrial Realty Trust, Inc.
4,396
227,273
Gaming & Leisure Properties, Inc.
8,315
394,630
Healthcare Realty Trust, Inc., Class A
12,487
243,871
Healthpeak Properties, Inc.
18,229
397,939
Highwoods Properties, Inc.
3,501
88,470
Host Hotels & Resorts, Inc.
23,553
433,375
Invitation Homes, Inc.
20,272
719,656
Iron Mountain, Inc.
4,820
295,948
Kilroy Realty Corp.
3,885
138,695
Kimco Realty Corp.
20,158
408,401
Lamar Advertising Co., Class A
645
63,662
Medical Properties Trust, Inc.
19,770
199,479
Mid-America Apartment Communities, Inc.
3,846
575,592
National Storage Affiliates Trust
2,681
90,591
NNN REIT, Inc.
6,043
257,915
Omega Healthcare Investors, Inc.
7,801
248,852
Park Hotels & Resorts, Inc.
7,123
97,086
Prologis, Inc.
30,761
3,837,435
Public Storage
2,188
616,469
Rayonier, Inc.
4,889
161,924
Realty Income Corp.
21,943
1,337,865
Regency Centers Corp.
5,671
371,621
Rexford Industrial Realty, Inc.
6,673
367,616
SBA Communications Corp., Class A
3,202
701,078
Simon Property Group, Inc.
8,430
1,050,378
72  

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Spirit Realty Capital, Inc.
4,693
189,269
STAG Industrial, Inc.
5,998
217,727
Sun Communities, Inc.
3,202
417,221
UDR, Inc.
10,241
418,652
Ventas, Inc.
13,244
642,599
VICI Properties, Inc., Class A
33,276
1,047,528
Vornado Realty Trust
5,900
132,632
Welltower, Inc.
16,508
1,356,132
Weyerhaeuser Co.
24,308
827,930
WP Carey, Inc.
7,063
476,964
 
30,174,953
 
Financial Services 10.2%
Affiliated Managers Group, Inc.
1,199
166,229
Affirm Holdings, Inc. *
7,247
140,519
AGNC Investment Corp.
19,240
196,056
Ally Financial, Inc.
8,901
271,836
American Express Co.
13,200
2,229,216
Annaly Capital Management, Inc.
16,445
330,380
Berkshire Hathaway, Inc., Class B *
60,845
21,415,020
BlackRock, Inc.
4,956
3,661,741
Block, Inc. *
11,347
913,774
Blue Owl Capital, Inc., Class A
12,665
156,033
Capital One Financial Corp.
12,587
1,472,931
Cboe Global Markets, Inc.
3,504
489,439
CME Group, Inc.
11,912
2,370,011
Coinbase Global, Inc., Class A *
5,552
547,483
Corebridge Financial, Inc.
4,987
93,307
Credit Acceptance Corp. *
215
119,669
Discover Financial Services
8,413
887,992
Euronet Worldwide, Inc. *
796
69,944
Evercore, Inc., Class A
1,161
156,805
Fidelity National Information Services, Inc.
19,669
1,187,614
Fiserv, Inc. *
14,884
1,878,510
FleetCor Technologies, Inc. *
163
40,572
Franklin Resources, Inc.
9,371
274,008
Global Payments, Inc.
8,688
957,852
Houlihan Lokey, Inc., Class A
1,533
153,070
Interactive Brokers Group, Inc., Class A
3,324
290,285
Intercontinental Exchange, Inc.
18,362
2,107,958
Invesco Ltd.
12,187
204,742
Jack Henry & Associates, Inc.
1,635
273,977
Janus Henderson Group plc
4,346
127,555
Jefferies Financial Group, Inc.
6,603
242,924
KKR & Co., Inc.
16,163
959,759
Lazard Ltd., Class A
3,552
124,675
MGIC Investment Corp.
9,536
159,633
Moody's Corp.
447
157,679
Morgan Stanley
40,088
3,670,457
MSCI, Inc., Class A
1,295
709,764
Nasdaq, Inc.
11,381
574,627
Northern Trust Corp.
6,785
543,614
OneMain Holdings, Inc.
3,710
168,731
PayPal Holdings, Inc. *
3,474
263,399
Raymond James Financial, Inc.
6,512
716,776
Rithm Capital Corp.
16,046
161,744
Robinhood Markets, Inc., Class A *
22,112
284,360
Rocket Cos., Inc., Class A *
2,603
28,451
S&P Global, Inc.
9,809
3,869,749
SEI Investments Co.
3,407
214,607
SLM Corp.
4,932
79,800
SoFi Technologies, Inc. *
30,554
349,843
Starwood Property Trust, Inc.
9,814
203,542
State Street Corp.
11,121
805,605
Stifel Financial Corp.
3,368
214,003
Synchrony Financial
14,124
487,843
T. Rowe Price Group, Inc.
7,288
898,319
TFS Financial Corp.
1,649
23,927
SECURITY
NUMBER
OF SHARES
VALUE ($)
The Bank of New York Mellon Corp.
26,335
1,194,556
The Carlyle Group, Inc.
7,027
250,513
The Charles Schwab Corp. (b)
49,107
3,245,973
The Goldman Sachs Group, Inc.
10,765
3,830,940
The Western Union Co.
10,548
128,475
TPG, Inc.
1,478
43,497
Tradeweb Markets, Inc., Class A
2,480
202,839
UWM Holdings Corp.
1,931
12,667
Virtu Financial, Inc., Class A
2,899
53,805
Voya Financial, Inc.
3,263
242,310
WEX, Inc. *
769
145,610
XP, Inc., Class A *
10,146
274,043
 
68,723,587
 
Food, Beverage & Tobacco 4.5%
Altria Group, Inc.
59,367
2,696,449
Archer-Daniels-Midland Co.
18,023
1,531,234
Brown-Forman Corp., Class A
325
23,371
Brown-Forman Corp., Class B
1,279
90,297
Bunge Ltd.
4,943
537,156
Campbell Soup Co.
6,300
288,666
Conagra Brands, Inc.
15,849
520,006
Constellation Brands, Inc., Class A
4,575
1,248,060
Darling Ingredients, Inc. *
5,279
365,571
Flowers Foods, Inc.
6,258
154,635
Freshpet, Inc. *
1,123
82,585
General Mills, Inc.
19,506
1,457,878
Hormel Foods Corp.
9,643
394,206
Ingredion, Inc.
2,199
244,661
Kellogg Co.
8,657
579,067
Keurig Dr Pepper, Inc.
31,768
1,080,430
Lamb Weston Holdings, Inc.
264
27,358
McCormick & Co., Inc. - Non Voting Shares
8,334
745,726
Molson Coors Beverage Co., Class B
5,823
406,271
Mondelez International, Inc., Class A
45,181
3,349,267
PepsiCo, Inc.
14,119
2,646,748
Philip Morris International, Inc.
51,583
5,143,857
Pilgrim's Pride Corp. *
1,331
32,969
Post Holdings, Inc. *
1,782
152,005
Seaboard Corp.
9
32,445
The Boston Beer Co., Inc., Class A *
23
8,543
The Coca-Cola Co.
65,452
4,053,442
The Hershey Co.
1,253
289,831
The JM Smucker Co.
3,412
514,018
The Kraft Heinz Co.
26,773
968,647
Tyson Foods, Inc., Class A
9,258
515,856
 
30,181,255
 
Health Care Equipment & Services 6.5%
Abbott Laboratories
53,900
6,000,687
Acadia Healthcare Co., Inc. *
2,987
236,063
agilon health, Inc. *
967
18,518
Amedisys, Inc. *
1,039
94,383
Baxter International, Inc.
16,845
761,899
Becton, Dickinson & Co.
9,417
2,623,765
Boston Scientific Corp. *
47,661
2,471,223
Cardinal Health, Inc.
4,159
380,424
Centene Corp. *
18,223
1,240,804
Certara, Inc. *
2,470
48,091
Chemed Corp.
136
70,868
Cigna Corp.
8,987
2,652,064
CVS Health Corp.
42,564
3,179,105
Dentsply Sirona, Inc.
7,041
292,342
Doximity, Inc., Class A *
2,082
74,390
Elevance Health, Inc.
6,831
3,221,705
Encompass Health Corp.
3,031
200,137
Enovis Corp. *
1,751
111,889
  73

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Envista Holdings Corp. *
5,459
187,844
GE Healthcare, Inc. *
11,967
933,426
Globus Medical, Inc., Class A *
2,625
158,209
HCA Healthcare, Inc.
5,388
1,469,900
Henry Schein, Inc. *
4,341
342,027
Hologic, Inc. *
8,053
639,569
Humana, Inc.
2,349
1,073,094
ICU Medical, Inc. *
675
120,272
Integra LifeSciences Holdings Corp. *
2,392
108,764
Laboratory Corp. of America Holdings
2,948
630,666
McKesson Corp.
2,816
1,133,158
Medtronic plc
44,137
3,873,463
Molina Healthcare, Inc. *
878
267,342
Premier, Inc., Class A
3,963
109,973
Quest Diagnostics, Inc.
3,707
501,224
QuidelOrtho Corp. *
1,779
155,414
R1 RCM, Inc. *
5,137
88,767
STERIS plc
3,290
742,060
Stryker Corp.
8,803
2,494,858
Tandem Diabetes Care, Inc. *
1,807
63,100
Teladoc Health, Inc. *
5,409
161,026
Teleflex, Inc.
1,565
393,081
Tenet Healthcare Corp. *
3,362
251,242
The Cooper Cos., Inc.
1,619
633,450
UnitedHealth Group, Inc.
4,909
2,485,770
Universal Health Services, Inc., Class B
2,018
280,421
Zimmer Biomet Holdings, Inc.
6,974
963,458
 
43,939,935
 
Household & Personal Products 2.0%
Church & Dwight Co., Inc.
858
82,085
Colgate-Palmolive Co.
27,361
2,086,550
Coty, Inc., Class A *
11,999
144,468
Kimberly-Clark Corp.
645
83,270
Olaplex Holdings, Inc. *
4,225
15,210
Reynolds Consumer Products, Inc.
1,759
48,689
Spectrum Brands Holdings, Inc.
1,345
105,461
The Estee Lauder Cos., Inc., Class A
5,231
941,580
The Procter & Gamble Co.
63,508
9,926,300
 
13,433,613
 
Insurance 3.7%
Aflac, Inc.
19,978
1,445,208
American Financial Group, Inc.
2,423
294,661
American International Group, Inc.
24,353
1,467,999
Aon plc, Class A
6,740
2,146,690
Arch Capital Group Ltd. *
10,238
795,390
Arthur J. Gallagher & Co.
6,629
1,423,909
Assurant, Inc.
1,746
234,854
Assured Guaranty Ltd.
1,898
113,462
Axis Capital Holdings Ltd.
2,589
142,706
Brighthouse Financial, Inc. *
2,007
104,625
Brown & Brown, Inc.
4,819
339,499
Chubb Ltd.
13,675
2,795,307
Cincinnati Financial Corp.
5,082
546,722
CNA Financial Corp.
841
32,934
Everest Re Group Ltd.
1,220
439,822
Fidelity National Financial, Inc.
8,556
335,139
First American Financial Corp.
3,306
209,534
Globe Life, Inc.
2,956
331,575
Kemper Corp.
1,951
99,442
Lincoln National Corp.
5,105
143,144
Loews Corp.
6,251
391,625
Markel Group, Inc. *
435
630,624
Marsh & McLennan Cos., Inc.
3,253
612,930
MetLife, Inc.
21,481
1,352,659
Old Republic International Corp.
9,055
249,646
SECURITY
NUMBER
OF SHARES
VALUE ($)
Primerica, Inc.
429
91,248
Principal Financial Group, Inc.
8,055
643,353
Prudential Financial, Inc.
12,233
1,180,362
Reinsurance Group of America, Inc.
2,215
310,875
RenaissanceRe Holdings Ltd.
1,206
225,233
RLI Corp.
1,043
139,147
The Allstate Corp.
8,702
980,541
The Hanover Insurance Group, Inc.
1,182
134,133
The Hartford Financial Services Group, Inc.
10,148
729,438
The Progressive Corp.
4,891
616,168
The Travelers Cos., Inc.
7,632
1,317,360
Unum Group
6,476
314,798
W.R. Berkley Corp.
7,085
437,074
White Mountains Insurance Group Ltd.
84
129,950
Willis Towers Watson plc
3,090
653,010
 
24,582,796
 
Materials 4.8%
Air Products & Chemicals, Inc.
7,366
2,249,061
Albemarle Corp.
3,901
828,104
Alcoa Corp.
5,857
211,965
Amcor plc
49,303
505,849
AptarGroup, Inc.
2,179
264,661
Ardagh Metal Packaging S.A.
323
1,221
Ashland, Inc.
1,673
152,845
Avery Dennison Corp.
1,805
332,138
Axalta Coating Systems Ltd. *
6,503
208,096
Ball Corp.
10,207
599,049
Berry Global Group, Inc.
4,045
265,231
Celanese Corp., Class A
3,265
409,398
CF Industries Holdings, Inc.
6,514
534,669
Cleveland-Cliffs, Inc. *
16,928
298,779
Corteva, Inc.
23,678
1,336,150
Crown Holdings, Inc.
3,534
327,814
Dow, Inc.
23,467
1,325,181
DuPont de Nemours, Inc.
15,245
1,183,469
Eagle Materials, Inc.
396
73,011
Eastman Chemical Co.
3,950
338,041
Ecolab, Inc.
1,820
333,315
Element Solutions, Inc.
7,433
155,796
FMC Corp.
3,540
340,654
Freeport-McMoRan, Inc.
47,402
2,116,499
Ginkgo Bioworks Holdings, Inc. *(a)
46,649
117,089
Graphic Packaging Holding Co.
4,590
111,078
Huntsman Corp.
5,776
171,952
International Flavors & Fragrances, Inc.
8,508
719,862
International Paper Co.
11,432
412,238
Linde plc
14,820
5,789,729
Louisiana-Pacific Corp.
2,140
162,918
LyondellBasell Industries N.V., Class A
8,565
846,736
Martin Marietta Materials, Inc.
2,057
918,368
MP Materials Corp. *
3,369
80,351
NewMarket Corp.
204
92,147
Newmont Corp.
26,522
1,138,324
Nucor Corp.
8,390
1,443,835
Olin Corp.
4,257
245,544
Packaging Corp. of America
2,923
448,242
PPG Industries, Inc.
5,859
843,110
Reliance Steel & Aluminum Co.
1,948
570,491
Royal Gold, Inc.
2,184
262,386
RPM International, Inc.
3,427
354,043
Sealed Air Corp.
2,158
98,448
Silgan Holdings, Inc.
2,782
121,991
Sonoco Products Co.
3,223
188,997
SSR Mining, Inc.
6,909
100,595
Steel Dynamics, Inc.
5,320
567,006
The Chemours Co.
4,905
181,387
The Mosaic Co.
10,938
445,833
74  

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
The Sherwin-Williams Co.
1,311
362,491
United States Steel Corp.
7,492
191,046
Vulcan Materials Co.
3,425
755,212
Westlake Corp.
1,078
148,225
Westrock Co.
8,352
278,038
 
32,558,708
 
Media & Entertainment 3.3%
Activision Blizzard, Inc. *
25,980
2,409,905
AMC Entertainment Holdings, Inc.,
Class A *(a)
17,589
87,417
Atlanta Braves Holdings, Inc., Class C *
0
0
Cable One, Inc.
175
126,690
Comcast Corp., Class A
137,455
6,221,213
DISH Network Corp., Class A *
8,027
63,654
Electronic Arts, Inc.
9,091
1,239,558
Fox Corp., Class A
9,649
322,759
Fox Corp., Class B
4,510
141,659
IAC, Inc. *
2,544
177,062
Liberty Broadband Corp., Class A *
425
37,753
Liberty Broadband Corp., Class C *
3,020
269,173
Liberty Media Corp. - Liberty Formula One,
Class A *
766
49,239
Liberty Media Corp. - Liberty Formula One,
Class C *
6,359
461,663
Liberty Media Corp. - Liberty SiriusXM,
Class A *
2,408
76,334
Liberty Media Corp. - Liberty SiriusXM,
Class C *
5,039
160,391
Live Nation Entertainment, Inc. *
4,035
354,071
Madison Square Garden Sports Corp.
620
131,905
Match Group, Inc. *
895
41,627
News Corp., Class A
12,682
251,357
News Corp., Class B
3,929
79,012
Nexstar Media Group, Inc., Class A
749
139,853
Omnicom Group, Inc.
6,574
556,292
Paramount Global, Class A
275
5,297
Paramount Global, Class B
19,009
304,714
Playtika Holding Corp. *
117
1,397
Roku, Inc. *
3,600
346,572
Sirius XM Holdings, Inc. (a)
21,514
109,721
Take-Two Interactive Software, Inc. *
5,473
837,041
The Interpublic Group of Cos., Inc.
12,843
439,616
The New York Times Co., Class A
5,379
219,248
The Walt Disney Co. *
60,781
5,402,823
TripAdvisor, Inc. *
3,598
67,103
Warner Bros Discovery, Inc. *
73,177
956,423
ZoomInfo Technologies, Inc., Class A *
5,019
128,336
 
22,216,878
 
Pharmaceuticals, Biotechnology & Life Sciences 8.7%
Agilent Technologies, Inc.
1,840
224,057
Alnylam Pharmaceuticals, Inc. *
808
157,883
Amgen, Inc.
5,673
1,328,333
Avantor, Inc. *
22,328
459,287
Azenta, Inc. *
2,282
107,208
Biogen, Inc. *
4,801
1,297,182
BioMarin Pharmaceutical, Inc. *
5,499
483,527
Bio-Rad Laboratories, Inc., Class A *
700
283,752
Bio-Techne Corp.
288
24,019
Bristol-Myers Squibb Co.
69,842
4,343,474
Catalent, Inc. *
5,991
290,683
Charles River Laboratories International,
Inc. *
1,691
354,332
Danaher Corp.
21,873
5,578,927
Elanco Animal Health, Inc. *
16,208
195,631
SECURITY
NUMBER
OF SHARES
VALUE ($)
Exact Sciences Corp. *
3,884
378,845
Exelixis, Inc. *
2,724
53,690
Fortrea Holdings, Inc. *
2,882
92,109
Gilead Sciences, Inc.
41,534
3,162,399
Horizon Therapeutics plc *
875
87,736
ICON plc, ADR *
2,311
581,008
Illumina, Inc. *
3,699
710,763
Incyte Corp. *
1,620
103,226
Ionis Pharmaceuticals, Inc. *
642
26,598
IQVIA Holdings, Inc. *
452
101,140
Jazz Pharmaceuticals plc *
980
127,812
Johnson & Johnson
86,422
14,478,278
Karuna Therapeutics, Inc. *
122
24,372
Maravai LifeSciences Holdings, Inc.,
Class A *
1,500
16,965
Merck & Co., Inc.
68,892
7,347,332
Mirati Therapeutics, Inc. *
1,480
44,800
Moderna, Inc. *
11,209
1,318,851
Organon & Co.
8,440
185,511
Perrigo Co., plc
4,493
164,624
Pfizer, Inc.
187,783
6,771,455
QIAGEN N.V. *
7,575
354,661
Regeneron Pharmaceuticals, Inc. *
3,220
2,388,950
Repligen Corp. *
1,032
177,050
Revvity, Inc.
4,180
513,931
Roivant Sciences Ltd. *
427
5,115
Royalty Pharma plc, Class A
12,371
388,202
Sotera Health Co. *
950
18,031
Syneos Health, Inc. *
3,436
145,721
Thermo Fisher Scientific, Inc.
4,921
2,699,956
United Therapeutics Corp. *
1,490
361,653
Vertex Pharmaceuticals, Inc. *
720
253,685
Viatris, Inc.
39,855
419,673
 
58,632,437
 
Real Estate Management & Development 0.3%
CBRE Group, Inc., Class A *
10,323
860,009
CoStar Group, Inc. *
7,643
641,783
Jones Lang LaSalle, Inc. *
1,578
262,816
The Howard Hughes Corp. *
1,131
95,490
Zillow Group, Inc., Class A *
1,823
97,020
Zillow Group, Inc., Class C *
5,145
278,653
 
2,235,771
 
Semiconductors & Semiconductor Equipment 3.8%
Advanced Micro Devices, Inc. *
23,036
2,635,318
Analog Devices, Inc.
16,856
3,363,278
Applied Materials, Inc.
4,363
661,387
Cirrus Logic, Inc. *
1,838
148,510
Entegris, Inc.
4,685
513,991
First Solar, Inc. *
3,529
731,915
GLOBALFOUNDRIES, Inc. *(a)
2,594
165,212
Intel Corp.
139,202
4,979,256
Lam Research Corp.
237
170,282
Marvell Technology, Inc.
28,370
1,847,738
Microchip Technology, Inc.
5,029
472,424
Micron Technology, Inc.
36,440
2,601,452
MKS Instruments, Inc.
2,179
237,882
ON Semiconductor Corp. *
14,291
1,539,855
Qorvo, Inc. *
3,244
356,905
QUALCOMM, Inc.
4,761
629,261
Skyworks Solutions, Inc.
5,219
596,897
Teradyne, Inc.
873
98,597
Texas Instruments, Inc.
17,919
3,225,420
  75

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Universal Display Corp.
830
121,080
Wolfspeed, Inc. *
4,130
272,167
 
25,368,827
 
Software & Services 2.8%
Akamai Technologies, Inc. *
5,091
481,100
Amdocs Ltd.
3,921
367,162
ANSYS, Inc. *
506
173,103
AppLovin Corp., Class A *
5,521
173,359
Aspen Technology, Inc. *
929
165,827
Bentley Systems, Inc., Class B
393
21,175
Bill.com Holdings, Inc. *
3,417
428,287
Black Knight, Inc. *
5,164
363,133
CCC Intelligent Solutions Holdings, Inc. *
6,521
71,861
Cognizant Technology Solutions Corp.,
Class A
16,879
1,114,520
Dolby Laboratories, Inc., Class A
1,957
173,410
Dropbox, Inc., Class A *
943
25,414
DXC Technology Co. *
7,600
210,140
Gen Digital, Inc.
15,576
302,953
GoDaddy, Inc., Class A *
2,024
156,030
Guidewire Software, Inc. *
2,717
230,456
HashiCorp, Inc., Class A *
952
28,189
Informatica, Inc., Class A *
1,270
24,181
International Business Machines Corp.
30,297
4,368,221
Kyndryl Holdings, Inc. *
6,903
94,295
nCino, Inc. *
2,059
66,609
NCR Corp. *
4,188
112,573
Nutanix, Inc., Class A *
5,753
173,741
Okta, Inc. *
4,683
359,935
Oracle Corp.
29,862
3,500,722
PTC, Inc. *
1,728
251,960
Roper Technologies, Inc.
3,505
1,728,140
Salesforce, Inc. *
7,764
1,746,978
SentinelOne, Inc., Class A *
5,293
88,234
Twilio, Inc., Class A *
4,709
310,935
Tyler Technologies, Inc. *
337
133,664
UiPath, Inc., Class A *
2,839
51,329
Unity Software, Inc. *
5,734
262,847
VeriSign, Inc. *
2,838
598,676
Zoom Video Communications, Inc.,
Class A *
8,192
600,883
 
18,960,042
 
Technology Hardware & Equipment 2.4%
Amphenol Corp., Class A
9,596
847,423
Arrow Electronics, Inc. *
1,860
265,124
Avnet, Inc.
3,026
146,761
CDW Corp.
254
47,516
Ciena Corp. *
4,940
208,468
Cisco Systems, Inc.
136,209
7,088,316
Cognex Corp.
5,754
314,283
Coherent Corp. *
3,928
186,030
Corning, Inc.
25,346
860,243
F5, Inc. *
2,008
317,746
Hewlett Packard Enterprise Co.
42,883
745,307
HP, Inc.
22,920
752,464
IPG Photonics Corp. *
996
130,924
Jabil, Inc.
1,590
175,965
Juniper Networks, Inc.
10,602
294,736
Keysight Technologies, Inc. *
4,379
705,369
Littelfuse, Inc.
806
245,508
Lumentum Holdings, Inc. *
2,271
118,910
Motorola Solutions, Inc.
441
126,404
National Instruments Corp.
926
54,634
NetApp, Inc.
4,248
331,386
Pure Storage, Inc., Class A *
2,075
76,754
SECURITY
NUMBER
OF SHARES
VALUE ($)
TD SYNNEX Corp.
1,347
132,962
Teledyne Technologies, Inc. *
1,544
593,714
Trimble, Inc. *
8,147
438,309
Ubiquiti, Inc.
21
3,731
ViaSat, Inc. *
2,338
72,338
Vontier Corp.
3,441
106,430
Western Digital Corp. *
10,559
449,391
Zebra Technologies Corp., Class A *
1,398
430,528
 
16,267,674
 
Telecommunication Services 1.6%
AT&T, Inc.
237,933
3,454,787
Frontier Communications Parent, Inc. *
8,210
149,504
GCI Liberty, Inc. *(c)
2,247
406
Iridium Communications, Inc.
259
13,610
T-Mobile US, Inc. *
18,053
2,487,162
Verizon Communications, Inc.
139,852
4,766,156
 
10,871,625
 
Transportation 2.6%
Alaska Air Group, Inc. *
4,186
203,565
American Airlines Group, Inc. *
13,610
227,968
Avis Budget Group, Inc. *
435
95,826
C.H. Robinson Worldwide, Inc.
824
82,548
CSX Corp.
60,169
2,004,831
Delta Air Lines, Inc.
20,226
935,655
Expeditors International of Washington, Inc.
4,405
560,757
FedEx Corp.
7,731
2,086,983
GXO Logistics, Inc. *
3,847
258,018
Hertz Global Holdings, Inc. *
4,538
76,465
JB Hunt Transport Services, Inc.
2,185
445,609
Kirby Corp. *
1,984
161,656
Knight-Swift Transportation Holdings, Inc.
5,143
312,437
Landstar System, Inc.
219
44,586
Norfolk Southern Corp.
7,574
1,769,211
Old Dominion Freight Line, Inc.
230
96,483
Ryder System, Inc.
1,525
155,779
Saia, Inc. *
778
329,203
Schneider National, Inc., Class B
1,766
54,410
Southwest Airlines Co.
19,718
673,567
U-Haul Holding Co.
140
8,520
U-Haul Holding Co. - Non Voting
1,658
94,854
Union Pacific Corp.
11,626
2,697,465
United Airlines Holdings, Inc. *
10,823
587,797
United Parcel Service, Inc., Class B
17,389
3,254,004
XPO, Inc. *
3,798
262,974
 
17,481,171
 
Utilities 5.1%
Alliant Energy Corp.
8,371
449,858
Ameren Corp.
8,687
744,215
American Electric Power Co., Inc.
17,092
1,448,376
American Water Works Co., Inc.
6,468
953,577
Atmos Energy Corp.
4,802
584,452
Avangrid, Inc.
2,390
88,621
Brookfield Renewable Corp., Class A
4,254
132,597
CenterPoint Energy, Inc.
20,919
629,453
Clearway Energy, Inc., Class A
1,136
28,025
Clearway Energy, Inc., Class C
2,709
71,545
CMS Energy Corp.
9,636
588,471
Consolidated Edison, Inc.
11,501
1,090,985
Constellation Energy Corp.
10,884
1,051,939
Dominion Energy, Inc.
27,763
1,486,709
DTE Energy Co.
6,829
780,555
Duke Energy Corp.
25,579
2,394,706
Edison International
12,596
906,408
76  

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Entergy Corp.
7,053
724,343
Essential Utilities, Inc.
8,087
341,999
Evergy, Inc.
7,419
444,918
Eversource Energy
11,570
836,858
Exelon Corp.
33,005
1,381,589
FirstEnergy Corp.
18,052
711,068
Hawaiian Electric Industries, Inc.
3,650
140,124
IDACORP, Inc.
1,688
173,560
National Fuel Gas Co.
2,958
157,099
NextEra Energy, Inc.
67,264
4,930,451
NiSource, Inc.
13,773
383,440
NRG Energy, Inc.
7,688
292,067
OGE Energy Corp.
6,659
240,723
PG&E Corp. *
59,825
1,053,518
Pinnacle West Capital Corp.
3,772
312,397
PPL Corp.
24,472
673,714
Public Service Enterprise Group, Inc.
16,500
1,041,480
Sempra Energy
10,456
1,558,153
The AES Corp.
8,580
185,585
The Southern Co.
36,187
2,617,768
UGI Corp.
6,970
188,120
Vistra Corp.
8,866
248,780
WEC Energy Group, Inc.
10,474
941,194
Xcel Energy, Inc.
18,288
1,147,206
 
34,156,646
Total Common Stocks
(Cost $531,513,100)
668,136,131
INVESTMENT COMPANIES 0.1% OF NET ASSETS
 
Equity Funds 0.1%
iShares Russell 1000 Value ETF
3,100
506,509
Total Investment Companies
(Cost $472,857)
506,509
 
 
 
SHORT-TERM INVESTMENTS 0.4% OF NET ASSETS
 
Money Market Funds 0.4%
State Street Institutional U.S. Government
Money Market Fund, Premier Class
5.19% (d)
2,425,863
2,425,863
State Street Institutional U.S. Government
Money Market Fund, Premier Class
5.19% (d)(e)
695,878
695,878
 
3,121,741
Total Short-Term Investments
(Cost $3,121,741)
3,121,741
Total Investments in Securities
(Cost $535,107,698)
671,764,381
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
Russell 1000 Value Index,
e-mini, expires 09/15/23
34
2,744,820
24,544
S&P 500 Index, e-mini, expires
09/15/23
3
692,175
12,595
 
37,139
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$689,140.
(b)
Issuer is affiliated with the fund’s investment adviser.
(c)
Fair valued using significant unobservable inputs (see Notes for additional
information).
(d)
The rate shown is the annualized 7-day yield.
(e)
Security purchased with cash collateral received for securities on loan.
ADR —
American Depositary Receipt
ETF —
Exchange-traded fund
REIT —
Real Estate Investment Trust
Below is a summary of the fund’s transactions with affiliated issuers during the period ended July 31, 2023:
SECURITY
VALUE AT
10/31/22
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
7/31/23
BALANCE
OF SHARES
HELD AT
7/31/23
DIVIDENDS
RECEIVED
COMMON STOCKS 0.5% OF NET ASSETS
 
Financial Services 0.5%
The Charles Schwab Corp.
$1,897,739
$1,654,171
($343,198)
$14,369
$22,892
$3,245,973
49,107
$16,647

  77

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2023:
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$657,264,506
$
$
$657,264,506
Telecommunication Services
10,871,219
406
10,871,625
Investment Companies1
506,509
506,509
Short-Term Investments1
3,121,741
3,121,741
Futures Contracts2
37,139
37,139
Total
$671,801,114
$—
$406
$671,801,520
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
Fund investments in mutual funds and ETFs are classified as Level 1, without consideration to the classification level of the underlying securities held by the underlying mutual funds and ETFs, which could be Level 1, Level 2 or Level 3.
78  

Schwab Capital Trust
Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings as of July 31, 2023 (Unaudited)
The following are the portfolio holdings as of the report date. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 99.5% OF NET ASSETS
 
Automobiles & Components 0.9%
Aptiv plc *
30,600
3,350,394
BorgWarner, Inc.
26,392
1,227,228
Gentex Corp.
26,441
887,889
Harley-Davidson, Inc.
14,829
572,548
Lear Corp.
6,618
1,024,202
Lucid Group, Inc. *
84,326
641,721
Phinia, Inc. *
5,327
151,127
QuantumScape Corp., Class A *(a)
33,475
445,552
Rivian Automotive, Inc., Class A *
58,315
1,611,826
Thor Industries, Inc.
5,792
668,918
 
10,581,405
 
Banks 2.4%
Bank OZK
12,479
545,707
BOK Financial Corp.
3,188
283,987
Citizens Financial Group, Inc.
54,578
1,760,686
Columbia Banking System, Inc.
23,307
520,911
Comerica, Inc.
14,858
801,738
Commerce Bancshares, Inc.
12,913
686,713
Cullen/Frost Bankers, Inc.
6,683
725,640
East West Bancorp, Inc.
15,835
985,095
F.N.B. Corp.
40,511
518,136
Fifth Third Bancorp
76,731
2,232,872
First Citizens BancShares, Inc., Class A
1,226
1,754,774
First Hawaiian, Inc.
14,310
296,074
First Horizon Corp.
60,319
822,148
Huntington Bancshares, Inc.
162,685
1,991,264
KeyCorp
105,434
1,297,893
M&T Bank Corp.
18,698
2,615,102
New York Community Bancorp, Inc.
80,275
1,113,414
NU Holdings Ltd., Class A *
260,770
2,075,729
Pinnacle Financial Partners, Inc.
8,510
645,909
Popular, Inc.
7,969
578,151
Prosperity Bancshares, Inc.
9,853
623,892
Regions Financial Corp.
105,651
2,152,111
Synovus Financial Corp.
16,373
555,045
Webster Financial Corp.
19,589
926,952
Western Alliance Bancorp
12,236
635,660
Wintrust Financial Corp.
6,885
580,819
Zions Bancorp NA
16,463
629,710
 
28,356,132
 
Capital Goods 12.1%
A.O. Smith Corp.
13,828
1,004,328
Acuity Brands, Inc.
3,601
595,029
Advanced Drainage Systems, Inc.
7,026
857,102
AECOM
14,803
1,287,861
AGCO Corp.
7,054
938,887
Air Lease Corp., Class A
11,730
496,648
Allegion plc
9,931
1,160,537
SECURITY
NUMBER
OF SHARES
VALUE ($)
Allison Transmission Holdings, Inc.
10,276
603,098
AMETEK, Inc.
26,003
4,124,076
Armstrong World Industries, Inc.
5,090
393,762
Axon Enterprise, Inc. *
7,862
1,461,782
Builders FirstSource, Inc. *
14,392
2,078,637
BWX Technologies, Inc.
10,313
711,597
Carlisle Cos., Inc.
5,721
1,585,861
Carrier Global Corp.
94,200
5,609,610
ChargePoint Holdings, Inc. *(a)
31,457
272,418
CNH Industrial NV
110,281
1,583,635
Core & Main, Inc., Class A *
9,509
300,579
Crane Co.
5,437
509,393
Crane NXT Co.
5,492
324,852
Cummins, Inc.
16,031
4,180,885
Curtiss-Wright Corp.
4,304
823,613
Donaldson Co., Inc.
13,660
858,258
Dover Corp.
15,768
2,301,655
EMCOR Group, Inc.
5,284
1,136,271
Esab Corp.
6,408
440,230
Fastenal Co.
64,555
3,783,569
Ferguson plc
23,327
3,770,110
Flowserve Corp.
14,811
559,263
Fortive Corp.
39,979
3,132,355
Fortune Brands Innovations, Inc.
14,323
1,017,936
Gates Industrial Corp. plc *
13,559
184,674
Generac Holdings, Inc. *
6,854
1,053,460
Graco, Inc.
18,858
1,496,005
Hayward Holdings, Inc. *
12,431
166,078
HEICO Corp.
5,088
895,386
HEICO Corp., Class A
9,038
1,268,483
Hexcel Corp.
9,525
673,227
Howmet Aerospace, Inc.
42,873
2,192,525
Hubbell, Inc., Class B
6,060
1,890,720
Huntington Ingalls Industries, Inc.
4,416
1,014,223
IDEX Corp.
8,556
1,932,030
Ingersoll Rand, Inc.
45,755
2,986,429
ITT, Inc.
9,319
928,172
Lennox International, Inc.
3,616
1,328,663
Lincoln Electric Holdings, Inc.
6,312
1,266,882
Masco Corp.
25,390
1,540,665
MasTec, Inc. *
7,015
826,016
MDU Resources Group, Inc.
22,903
506,614
Mercury Systems, Inc. *
5,657
214,853
MSC Industrial Direct Co., Inc., Class A
5,204
525,188
Nordson Corp.
6,463
1,626,155
nVent Electric plc
18,539
980,342
Oshkosh Corp.
7,368
678,372
Otis Worldwide Corp.
46,739
4,251,379
Owens Corning
10,147
1,420,479
PACCAR, Inc.
57,970
4,992,956
Parker-Hannifin Corp.
14,449
5,924,235
Pentair plc
18,558
1,289,781
Plug Power, Inc. *
58,699
770,131
Quanta Services, Inc.
16,250
3,276,325
RBC Bearings, Inc. *
3,194
722,004
Regal Rexnord Corp.
7,488
1,169,476
  79

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Rockwell Automation, Inc.
12,991
4,368,743
Sensata Technologies Holding plc
17,037
719,813
SiteOne Landscape Supply, Inc. *
5,015
852,550
Snap-on, Inc.
5,874
1,600,313
Spirit AeroSystems Holdings, Inc.,
Class A *
11,898
378,594
Stanley Black & Decker, Inc.
17,278
1,715,187
Sunrun, Inc. *
23,961
454,780
Textron, Inc.
22,759
1,769,967
The AZEK Co., Inc., Class A *
13,922
434,366
The Middleby Corp. *
6,000
911,100
The Timken Co.
7,066
656,149
The Toro Co.
11,777
1,197,132
Trane Technologies plc
25,746
5,134,782
TransDigm Group, Inc.
5,927
5,332,640
Trex Co., Inc. *
12,254
847,242
United Rentals, Inc.
7,756
3,604,058
Univar Solutions, Inc. *
17,543
634,004
Valmont Industries, Inc.
2,345
620,839
Vertiv Holdings Co., Class A
36,441
947,830
W.W. Grainger, Inc.
5,047
3,727,159
Watsco, Inc.
3,752
1,418,969
WESCO International, Inc.
4,991
876,270
Westinghouse Air Brake Technologies
Corp.
20,155
2,387,158
WillScot Mobile Mini Holdings Corp. *
22,281
1,068,374
Woodward, Inc.
6,676
803,657
Xylem, Inc.
26,808
3,022,602
 
143,380,043
 
Commercial & Professional Services 4.3%
Booz Allen Hamilton Holding Corp.,
Class A
14,675
1,776,849
Broadridge Financial Solutions, Inc.
13,248
2,224,604
CACI International, Inc., Class A *
2,545
891,870
Ceridian HCM Holding, Inc. *
16,692
1,181,961
Cintas Corp.
9,796
4,917,984
Clarivate plc *
53,348
507,339
Clean Harbors, Inc. *
5,785
961,814
Concentrix Corp.
4,989
415,284
Copart, Inc. *
48,503
4,287,180
Driven Brands Holdings, Inc. *
7,100
183,677
Dun & Bradstreet Holdings, Inc.
30,517
360,711
Equifax, Inc.
13,775
2,811,202
FTI Consulting, Inc. *
3,759
658,426
Genpact Ltd.
20,239
730,426
Jacobs Solutions, Inc.
14,242
1,786,089
KBR, Inc.
15,245
937,415
Leidos Holdings, Inc.
15,428
1,442,981
ManpowerGroup, Inc.
5,717
450,957
MSA Safety, Inc.
4,163
691,058
Paychex, Inc.
36,433
4,571,248
Paycom Software, Inc.
5,838
2,152,821
Paycor HCM, Inc. *
6,237
167,526
Paylocity Holding Corp. *
4,733
1,073,681
RB Global, Inc.
20,538
1,324,290
Republic Services, Inc., Class A
23,352
3,528,721
Robert Half, Inc.
11,857
879,197
Rollins, Inc.
25,047
1,022,669
Science Applications International Corp.
6,070
736,534
SS&C Technologies Holdings, Inc.
24,560
1,430,620
Stericycle, Inc. *
10,454
444,190
Tetra Tech, Inc.
5,971
1,010,353
TransUnion
21,862
1,742,183
Verisk Analytics, Inc., Class A
16,132
3,693,260
 
50,995,120
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Consumer Discretionary Distribution & Retail 3.4%
Advance Auto Parts, Inc.
6,733
500,868
AutoNation, Inc. *
3,450
555,381
Bath & Body Works, Inc.
25,839
957,593
Best Buy Co., Inc.
22,046
1,830,920
Burlington Stores, Inc. *
7,309
1,298,225
CarMax, Inc. *
17,851
1,474,671
Coupang, Inc., Class A *
123,853
2,247,932
Dick's Sporting Goods, Inc.
6,779
955,839
eBay, Inc.
60,419
2,689,250
Etsy, Inc. *
13,872
1,410,089
Five Below, Inc. *
6,197
1,291,083
Floor & Decor Holdings, Inc., Class A *
11,766
1,351,325
GameStop Corp., Class A *(a)
30,263
671,839
Genuine Parts Co.
15,856
2,469,096
Kohl's Corp.
12,395
352,638
Lithia Motors, Inc., Class A
3,051
947,427
LKQ Corp.
30,054
1,646,659
Macy's, Inc.
30,673
508,865
Murphy USA, Inc.
2,233
685,598
Nordstrom, Inc.
12,823
296,339
Ollie's Bargain Outlet Holdings, Inc. *
6,986
509,140
Penske Automotive Group, Inc.
2,286
369,006
Petco Health & Wellness Co., Inc.,
Class A *
9,048
73,832
Pool Corp.
4,294
1,652,073
RH *
1,838
713,456
Ross Stores, Inc.
37,970
4,352,881
The Gap, Inc.
22,128
227,918
Tractor Supply Co.
12,380
2,772,996
Ulta Beauty, Inc. *
5,654
2,514,899
Valvoline, Inc.
19,376
735,707
Victoria's Secret & Co. *
8,793
180,169
Wayfair, Inc., Class A *
9,301
724,269
Williams-Sonoma, Inc.
7,346
1,018,449
 
39,986,432
 
Consumer Durables & Apparel 2.6%
Brunswick Corp.
8,013
691,602
Capri Holdings Ltd. *
13,871
511,979
Carter's, Inc.
4,127
309,566
Columbia Sportswear Co.
4,004
314,754
Crocs, Inc. *
6,865
743,823
D.R. Horton, Inc.
35,181
4,468,691
Deckers Outdoor Corp. *
2,962
1,610,410
Garmin Ltd.
17,389
1,841,321
Hasbro, Inc.
14,731
951,033
Leggett & Platt, Inc.
15,041
440,100
Lennar Corp., Class A
28,119
3,566,333
Lennar Corp., Class B
1,558
179,030
Mattel, Inc. *
39,714
845,908
Mohawk Industries, Inc. *
5,977
635,594
Newell Brands, Inc.
43,149
481,543
NVR, Inc. *
334
2,106,351
Peloton Interactive, Inc., Class A *
35,242
342,200
Polaris, Inc.
6,084
826,451
PulteGroup, Inc.
25,072
2,115,826
PVH Corp.
7,055
632,410
Ralph Lauren Corp., Class A
4,599
603,987
Skechers U.S.A., Inc., Class A *
15,506
861,823
Tapestry, Inc.
26,715
1,152,752
Tempur Sealy International, Inc.
18,819
839,892
Toll Brothers, Inc.
12,442
999,466
TopBuild Corp. *
3,570
977,930
Under Armour, Inc., Class A *
21,238
171,178
Under Armour, Inc., Class C *
21,055
156,228
VF Corp.
39,477
782,039
80  

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Whirlpool Corp.
6,033
870,321
YETI Holdings, Inc. *
9,845
419,397
 
31,449,938
 
Consumer Services 3.5%
ADT, Inc.
23,759
151,582
Aramark
26,517
1,070,491
Boyd Gaming Corp.
8,313
567,944
Bright Horizons Family Solutions, Inc. *
6,496
630,307
Caesars Entertainment, Inc. *
23,260
1,372,805
Carnival Corp. *
112,372
2,117,089
Choice Hotels International, Inc.
3,450
451,088
Churchill Downs, Inc.
8,011
928,074
Darden Restaurants, Inc.
13,645
2,304,913
Domino’s Pizza, Inc.
4,000
1,586,960
DoorDash, Inc., Class A *
34,106
3,096,484
DraftKings, Inc., Class A *
47,249
1,501,573
Expedia Group, Inc. *
16,242
1,990,132
Grand Canyon Education, Inc. *
3,385
367,442
H&R Block, Inc.
17,187
577,655
Hilton Worldwide Holdings, Inc.
29,067
4,519,628
Hyatt Hotels Corp., Class A
5,260
664,601
Marriott Vacations Worldwide Corp.
4,138
531,774
MGM Resorts International
33,848
1,718,463
Mister Car Wash, Inc. *
8,136
80,791
Norwegian Cruise Line Holdings Ltd. *
47,650
1,051,636
Penn Entertainment, Inc. *
17,406
457,604
Planet Fitness, Inc., Class A *
9,637
650,883
Royal Caribbean Cruises Ltd. *
26,457
2,886,723
Service Corp. International
16,848
1,122,919
Texas Roadhouse, Inc., Class A
7,543
841,422
The Wendy's Co.
19,652
422,322
Travel & Leisure Co.
8,315
338,670
Vail Resorts, Inc.
4,505
1,060,882
Wingstop, Inc.
3,387
570,980
Wyndham Hotels & Resorts, Inc.
9,498
740,084
Wynn Resorts Ltd.
11,748
1,280,297
Yum! Brands, Inc.
31,700
4,364,139
 
42,018,357
 
Consumer Staples Distribution & Retail 1.3%
Albertsons Cos., Inc., Class A
46,943
1,020,071
BJ's Wholesale Club Holdings, Inc. *
14,993
994,186
Casey's General Stores, Inc.
4,197
1,060,414
Dollar Tree, Inc. *
23,577
3,638,638
Grocery Outlet Holding Corp. *
10,809
361,561
Performance Food Group Co. *
17,360
1,037,434
The Kroger Co.
73,774
3,588,367
U.S. Foods Holding Corp. *
25,659
1,096,409
Walgreens Boots Alliance, Inc.
80,984
2,427,091
 
15,224,171
 
Energy 4.9%
Antero Midstream Corp.
38,477
459,415
Antero Resources Corp. *
31,922
853,914
APA Corp.
35,075
1,420,187
Baker Hughes Co., Class A
114,536
4,099,243
Cheniere Energy, Inc.
27,416
4,437,554
Chesapeake Energy Corp.
14,357
1,210,869
Coterra Energy, Inc.
85,588
2,357,094
Devon Energy Corp.
72,465
3,913,110
Diamondback Energy, Inc.
20,480
3,017,114
DTE Midstream LLC *
10,981
587,703
EQT Corp.
40,745
1,718,624
Halliburton Co.
101,572
3,969,434
Hess Corp.
31,421
4,767,508
SECURITY
NUMBER
OF SHARES
VALUE ($)
HF Sinclair Corp.
15,935
830,054
Marathon Oil Corp.
70,124
1,842,157
New Fortress Energy, Inc.
7,377
210,613
NOV, Inc.
44,261
888,761
ONEOK, Inc.
50,528
3,387,397
Ovintiv, Inc.
27,461
1,265,678
PDC Energy, Inc.
9,790
742,963
Phillips 66
52,107
5,812,536
Range Resources Corp.
26,421
830,412
Southwestern Energy Co. *
123,838
802,470
Targa Resources Corp.
25,278
2,072,543
TechnipFMC plc *
49,502
907,867
Texas Pacific Land Corp.
652
982,108
The Williams Cos., Inc.
137,703
4,743,868
 
58,131,196
 
Equity Real Estate Investment Trusts (REITs) 7.0%
Agree Realty Corp.
10,057
651,493
Alexandria Real Estate Equities, Inc.
19,388
2,436,684
American Homes 4 Rent, Class A
37,632
1,410,447
Americold Realty Trust, Inc.
30,618
992,636
Apartment Income REIT Corp.
16,836
581,516
AvalonBay Communities, Inc.
15,797
2,980,104
Boston Properties, Inc.
17,761
1,183,415
Brixmor Property Group, Inc.
33,795
768,498
Camden Property Trust
11,735
1,280,171
Cousins Properties, Inc.
16,952
414,137
CubeSmart
25,322
1,097,962
Digital Realty Trust, Inc.
32,868
4,096,010
EastGroup Properties, Inc.
4,945
876,155
EPR Properties
8,449
377,163
Equity LifeStyle Properties, Inc.
20,078
1,429,152
Equity Residential
42,168
2,780,558
Essex Property Trust, Inc.
7,204
1,754,534
Extra Space Storage, Inc.
23,643
3,299,786
Federal Realty Investment Trust
9,116
925,456
First Industrial Realty Trust, Inc.
14,899
770,278
Gaming & Leisure Properties, Inc.
28,442
1,349,857
Healthcare Realty Trust, Inc., Class A
42,848
836,822
Healthpeak Properties, Inc.
61,862
1,350,448
Highwoods Properties, Inc.
11,683
295,229
Host Hotels & Resorts, Inc.
79,905
1,470,252
Invitation Homes, Inc.
69,090
2,452,695
Iron Mountain, Inc.
32,744
2,010,482
Kilroy Realty Corp.
13,241
472,704
Kimco Realty Corp.
68,387
1,385,521
Lamar Advertising Co., Class A
9,797
966,964
Medical Properties Trust, Inc.
67,063
676,666
Mid-America Apartment Communities,
Inc.
13,129
1,964,886
National Storage Affiliates Trust
8,942
302,150
NNN REIT, Inc.
20,459
873,190
Omega Healthcare Investors, Inc.
26,420
842,798
Park Hotels & Resorts, Inc.
24,607
335,393
Rayonier, Inc.
16,623
550,554
Realty Income Corp.
74,738
4,556,776
Regency Centers Corp.
19,259
1,262,042
Rexford Industrial Realty, Inc.
22,663
1,248,505
SBA Communications Corp., Class A
12,140
2,658,053
Simon Property Group, Inc.
36,687
4,571,200
Spirit Realty Capital, Inc.
15,931
642,497
STAG Industrial, Inc.
20,271
735,837
Sun Communities, Inc.
13,904
1,811,691
UDR, Inc.
37,083
1,515,953
Ventas, Inc.
45,163
2,191,309
VICI Properties, Inc., Class A
113,493
3,572,760
Vornado Realty Trust
20,067
451,106
Welltower, Inc.
56,185
4,615,598
  81

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Weyerhaeuser Co.
82,796
2,820,032
WP Carey, Inc.
23,960
1,618,019
 
82,514,144
 
Financial Services 7.7%
Affiliated Managers Group, Inc.
4,031
558,858
Affirm Holdings, Inc. *
24,713
479,185
AGNC Investment Corp.
64,808
660,394
Ally Financial, Inc.
30,519
932,050
Ameriprise Financial, Inc.
11,886
4,141,677
Annaly Capital Management, Inc.
55,606
1,117,125
Apollo Global Management, Inc.
58,986
4,819,746
Ares Management Corp., Class A
18,136
1,799,454
Block, Inc. *
61,298
4,936,328
Blue Owl Capital, Inc., Class A
50,537
622,616
Cboe Global Markets, Inc.
11,888
1,660,516
Coinbase Global, Inc., Class A *
18,855
1,859,292
Corebridge Financial, Inc.
16,571
310,043
Credit Acceptance Corp. *
728
405,205
Discover Financial Services
28,655
3,024,535
Equitable Holdings, Inc.
40,468
1,161,027
Euronet Worldwide, Inc. *
5,349
470,017
Evercore, Inc., Class A
4,032
544,562
FactSet Research Systems, Inc.
4,343
1,889,379
Fidelity National Information Services,
Inc.
66,933
4,041,415
FleetCor Technologies, Inc. *
8,126
2,022,643
Franklin Resources, Inc.
32,093
938,399
Global Payments, Inc.
29,578
3,260,974
Houlihan Lokey, Inc., Class A
5,629
562,056
Interactive Brokers Group, Inc., Class A
11,250
982,462
Invesco Ltd.
41,913
704,138
Jack Henry & Associates, Inc.
8,219
1,377,258
Janus Henderson Group plc
15,198
446,061
Jefferies Financial Group, Inc.
22,671
834,066
KKR & Co., Inc.
73,023
4,336,106
Lazard Ltd., Class A
12,425
436,118
LPL Financial Holdings, Inc.
8,820
2,022,955
MarketAxess Holdings, Inc.
4,196
1,129,647
MGIC Investment Corp.
32,623
546,109
Morningstar, Inc.
2,905
669,544
MSCI, Inc., Class A
8,789
4,817,075
Nasdaq, Inc.
38,628
1,950,328
Northern Trust Corp.
23,120
1,852,374
OneMain Holdings, Inc.
12,689
577,096
Raymond James Financial, Inc.
22,091
2,431,556
Rithm Capital Corp.
54,550
549,864
Robinhood Markets, Inc., Class A *
74,844
962,494
Rocket Cos., Inc., Class A *(a)
14,171
154,889
SEI Investments Co.
11,490
723,755
Shift4 Payments, Inc., Class A *
6,179
426,289
SLM Corp.
27,384
443,073
SoFi Technologies, Inc. *
103,386
1,183,770
Starwood Property Trust, Inc.
33,299
690,621
State Street Corp.
37,730
2,733,161
Stifel Financial Corp.
11,590
736,429
Synchrony Financial
48,148
1,663,032
T. Rowe Price Group, Inc.
24,935
3,073,488
TFS Financial Corp.
5,491
79,674
The Bank of New York Mellon Corp.
89,342
4,052,553
The Carlyle Group, Inc.
23,804
848,613
The Western Union Co.
42,418
516,651
Toast, Inc., Class A *
39,917
880,968
TPG, Inc.
7,213
212,279
Tradeweb Markets, Inc., Class A
12,938
1,058,199
UWM Holdings Corp.
10,495
68,847
Virtu Financial, Inc., Class A
10,230
189,869
Voya Financial, Inc.
11,053
820,796
SECURITY
NUMBER
OF SHARES
VALUE ($)
WEX, Inc. *
4,821
912,856
XP, Inc., Class A *
37,436
1,011,146
 
91,323,705
 
Food, Beverage & Tobacco 2.0%
Brown-Forman Corp., Class A
5,565
400,179
Brown-Forman Corp., Class B
20,782
1,467,209
Bunge Ltd.
16,902
1,836,740
Campbell Soup Co.
21,559
987,833
Celsius Holdings, Inc. *
6,132
887,301
Conagra Brands, Inc.
53,846
1,766,687
Darling Ingredients, Inc. *
17,941
1,242,414
Flowers Foods, Inc.
21,289
526,051
Freshpet, Inc. *
5,116
376,231
Hormel Foods Corp.
32,730
1,338,003
Ingredion, Inc.
7,443
828,108
Kellogg Co.
29,382
1,965,362
Lamb Weston Holdings, Inc.
16,396
1,699,118
McCormick & Co., Inc. - Non Voting
Shares
28,407
2,541,858
Molson Coors Beverage Co., Class B
19,757
1,378,446
Pilgrim's Pride Corp. *
4,713
116,741
Post Holdings, Inc. *
6,063
517,174
Seaboard Corp.
29
104,545
The Boston Beer Co., Inc., Class A *
1,053
391,126
The JM Smucker Co.
11,633
1,752,512
Tyson Foods, Inc., Class A
31,406
1,749,942
 
23,873,580
 
Health Care Equipment & Services 5.6%
Acadia Healthcare Co., Inc. *
10,126
800,258
agilon health, Inc. *
31,250
598,437
Align Technology, Inc. *
8,630
3,261,191
Amedisys, Inc. *
3,589
326,025
AmerisourceBergen Corp.
18,274
3,415,411
Baxter International, Inc.
57,148
2,584,804
Cardinal Health, Inc.
29,162
2,667,448
Certara, Inc. *
13,378
260,470
Chemed Corp.
1,655
862,404
DaVita, Inc. *
6,107
622,853
Dentsply Sirona, Inc.
23,828
989,339
DexCom, Inc. *
43,729
5,446,884
Doximity, Inc., Class A *
12,354
441,408
Encompass Health Corp.
11,149
736,168
Enovis Corp. *
5,875
375,413
Envista Holdings Corp. *
18,511
636,964
Globus Medical, Inc., Class A *
8,975
540,923
Henry Schein, Inc. *
14,750
1,162,152
Hologic, Inc. *
27,464
2,181,191
ICU Medical, Inc. *
2,299
409,636
IDEXX Laboratories, Inc. *
9,310
5,164,536
Inspire Medical Systems, Inc. *
3,239
932,217
Insulet Corp. *
7,834
2,168,059
Integra LifeSciences Holdings Corp. *
8,002
363,851
Laboratory Corp. of America Holdings
10,001
2,139,514
Masimo Corp. *
5,374
657,240
Molina Healthcare, Inc. *
6,533
1,989,233
Novocure Ltd. *
11,933
389,493
Penumbra, Inc. *
4,103
1,244,686
Premier, Inc., Class A
13,499
374,597
Quest Diagnostics, Inc.
12,678
1,714,192
QuidelOrtho Corp. *
6,052
528,703
R1 RCM, Inc. *
17,129
295,989
ResMed, Inc.
16,414
3,649,653
Shockwave Medical, Inc. *
4,108
1,070,545
STERIS plc
11,212
2,528,867
Tandem Diabetes Care, Inc. *
7,250
253,170
82  

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Teladoc Health, Inc. *
18,512
551,102
Teleflex, Inc.
5,312
1,334,215
Tenet Healthcare Corp. *
11,385
850,801
The Cooper Cos., Inc.
5,492
2,148,800
Universal Health Services, Inc., Class B
6,827
948,680
Veeva Systems, Inc., Class A *
16,372
3,343,490
Zimmer Biomet Holdings, Inc.
23,741
3,279,819
 
66,240,831
 
Household & Personal Products 0.5%
Church & Dwight Co., Inc.
27,615
2,641,927
Coty, Inc., Class A *
40,830
491,593
Olaplex Holdings, Inc. *
14,288
51,437
Reynolds Consumer Products, Inc.
6,232
172,502
Spectrum Brands Holdings, Inc.
4,498
352,688
The Clorox Co.
13,980
2,117,690
 
5,827,837
 
Insurance 4.5%
Aflac, Inc.
68,053
4,922,954
American Financial Group, Inc.
8,200
997,202
Arch Capital Group Ltd. *
40,433
3,141,240
Arthur J. Gallagher & Co.
23,941
5,142,527
Assurant, Inc.
5,971
803,159
Assured Guaranty Ltd.
6,366
380,559
Axis Capital Holdings Ltd.
8,815
485,883
Brighthouse Financial, Inc. *
7,580
395,145
Brown & Brown, Inc.
26,821
1,889,539
Cincinnati Financial Corp.
17,377
1,869,418
CNA Financial Corp.
2,978
116,618
Everest Re Group Ltd.
4,776
1,721,796
Fidelity National Financial, Inc.
29,373
1,150,540
First American Financial Corp.
11,326
717,842
Globe Life, Inc.
10,049
1,127,196
Kemper Corp.
6,743
343,691
Kinsale Capital Group, Inc.
2,461
917,042
Lincoln National Corp.
19,144
536,798
Loews Corp.
21,404
1,340,961
Markel Group, Inc. *
1,487
2,155,719
Old Republic International Corp.
30,677
845,765
Primerica, Inc.
4,092
870,368
Principal Financial Group, Inc.
27,328
2,182,687
Prudential Financial, Inc.
41,500
4,004,335
Reinsurance Group of America, Inc.
7,490
1,051,222
RenaissanceRe Holdings Ltd.
5,532
1,033,156
RLI Corp.
4,549
606,882
Ryan Specialty Holdings, Inc., Class A *
10,528
456,284
The Allstate Corp.
29,654
3,341,413
The Hanover Insurance Group, Inc.
4,028
457,097
The Hartford Financial Services Group,
Inc.
34,427
2,474,613
Unum Group
22,141
1,076,274
W.R. Berkley Corp.
24,037
1,482,843
White Mountains Insurance Group Ltd.
281
434,713
Willis Towers Watson plc
12,048
2,546,104
 
53,019,585
 
Materials 5.9%
Albemarle Corp.
13,235
2,809,526
Alcoa Corp.
20,082
726,768
Amcor plc
167,581
1,719,381
AptarGroup, Inc.
7,378
896,132
Ardagh Metal Packaging S.A.
15,598
58,960
Ashland, Inc.
5,690
519,838
Avery Dennison Corp.
9,126
1,679,275
Axalta Coating Systems Ltd. *
24,970
799,040
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ball Corp.
34,833
2,044,349
Berry Global Group, Inc.
13,695
897,981
Celanese Corp., Class A
11,170
1,400,606
CF Industries Holdings, Inc.
22,062
1,810,849
Cleveland-Cliffs, Inc. *
57,285
1,011,080
Corteva, Inc.
80,658
4,551,531
Crown Holdings, Inc.
12,015
1,114,511
DuPont de Nemours, Inc.
51,911
4,029,851
Eagle Materials, Inc.
4,030
743,011
Eastman Chemical Co.
13,422
1,148,655
Element Solutions, Inc.
25,299
530,267
FMC Corp.
14,115
1,358,286
Ginkgo Bioworks Holdings, Inc. *(a)
174,404
437,754
Graphic Packaging Holding Co.
34,356
831,415
Huntsman Corp.
19,763
588,345
International Flavors & Fragrances, Inc.
28,864
2,442,183
International Paper Co.
39,162
1,412,182
Louisiana-Pacific Corp.
7,276
553,922
LyondellBasell Industries N.V., Class A
29,248
2,891,457
Martin Marietta Materials, Inc.
6,979
3,115,844
MP Materials Corp. *
11,686
278,711
NewMarket Corp.
698
315,287
Nucor Corp.
28,463
4,898,198
Olin Corp.
14,571
840,455
Packaging Corp. of America
10,000
1,533,500
PPG Industries, Inc.
26,537
3,818,674
Reliance Steel & Aluminum Co.
6,615
1,937,269
Royal Gold, Inc.
7,394
888,315
RPM International, Inc.
14,372
1,484,771
Sealed Air Corp.
16,233
740,550
Silgan Holdings, Inc.
9,492
416,224
Sonoco Products Co.
11,052
648,089
SSR Mining, Inc.
23,519
342,437
Steel Dynamics, Inc.
18,171
1,936,665
The Chemours Co.
16,806
621,486
The Mosaic Co.
37,402
1,524,506
The Scotts Miracle-Gro Co.
4,625
323,935
United States Steel Corp.
25,440
648,720
Vulcan Materials Co.
14,977
3,302,429
Westlake Corp.
3,668
504,350
Westrock Co.
28,647
953,659
 
70,081,229
 
Media & Entertainment 3.6%
AMC Entertainment Holdings, Inc.,
Class A *(a)
58,539
290,939
Cable One, Inc.
641
464,046
DISH Network Corp., Class A *
27,726
219,867
Electronic Arts, Inc.
30,973
4,223,169
Fox Corp., Class A
33,136
1,108,399
Fox Corp., Class B
15,239
478,657
IAC, Inc. *
8,704
605,798
Liberty Broadband Corp., Class A *
1,855
164,780
Liberty Broadband Corp., Class C *
13,188
1,175,446
Liberty Media Corp. - Liberty Formula
One, Class A *
2,684
172,528
Liberty Media Corp. - Liberty Formula
One, Class C *
21,892
1,589,359
Liberty Media Corp. - Liberty SiriusXM,
Class A *
8,349
264,663
Liberty Media Corp. - Liberty SiriusXM,
Class C *
17,393
553,619
Live Nation Entertainment, Inc. *
17,658
1,549,489
Madison Square Garden Sports Corp.
2,110
448,902
Match Group, Inc. *
31,504
1,465,251
News Corp., Class A
42,963
851,527
News Corp., Class B
13,045
262,335
  83

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Nexstar Media Group, Inc., Class A
3,866
721,859
Omnicom Group, Inc.
22,316
1,888,380
Paramount Global, Class A
955
18,393
Paramount Global, Class B
65,023
1,042,319
Pinterest, Inc., Class A *
67,112
1,945,577
Playtika Holding Corp. *
2,563
30,602
ROBLOX Corp., Class A *
51,897
2,036,957
Roku, Inc. *
13,951
1,343,063
Sirius XM Holdings, Inc. (a)
73,326
373,963
Spotify Technology S.A. *
15,848
2,367,850
Take-Two Interactive Software, Inc. *
18,642
2,851,107
The Interpublic Group of Cos., Inc.
43,530
1,490,032
The New York Times Co., Class A
18,238
743,381
The Trade Desk, Inc., Class A *
49,822
4,546,756
TripAdvisor, Inc. *
12,443
232,062
Warner Bros Discovery, Inc. *
249,098
3,255,711
World Wrestling Entertainment, Inc.,
Class A
4,886
513,030
ZoomInfo Technologies, Inc., Class A *
35,152
898,837
 
42,188,653
 
Pharmaceuticals, Biotechnology & Life Sciences 5.6%
10X Genomics, Inc., Class A *
10,382
653,858
Agilent Technologies, Inc.
33,389
4,065,779
Alnylam Pharmaceuticals, Inc. *
13,993
2,734,232
Apellis Pharmaceuticals, Inc. *
11,172
287,679
Avantor, Inc. *
76,152
1,566,447
Azenta, Inc. *
7,630
358,457
Biogen, Inc. *
16,289
4,401,125
BioMarin Pharmaceutical, Inc. *
21,173
1,861,742
Bio-Rad Laboratories, Inc., Class A *
2,368
959,893
Bio-Techne Corp.
17,586
1,466,672
Bruker Corp.
11,979
823,197
Catalent, Inc. *
20,273
983,646
Charles River Laboratories International,
Inc. *
5,743
1,203,388
Elanco Animal Health, Inc. *
55,401
668,690
Exact Sciences Corp. *
20,188
1,969,138
Exelixis, Inc. *
36,227
714,034
Fortrea Holdings, Inc. *
9,916
316,915
Horizon Therapeutics plc *
25,319
2,538,736
ICON plc, ADR *
9,212
2,315,989
Illumina, Inc. *
17,875
3,434,681
Incyte Corp. *
20,846
1,328,307
Ionis Pharmaceuticals, Inc. *
16,100
667,023
IQVIA Holdings, Inc. *
20,844
4,664,054
Jazz Pharmaceuticals plc *
6,884
897,811
Karuna Therapeutics, Inc. *
4,013
801,677
Maravai LifeSciences Holdings, Inc.,
Class A *
12,407
140,323
Medpace Holdings, Inc. *
2,633
666,597
Mettler-Toledo International, Inc. *
2,462
3,095,891
Mirati Therapeutics, Inc. *
5,155
156,042
Natera, Inc. *
11,727
530,295
Neurocrine Biosciences, Inc. *
10,889
1,109,480
Organon & Co.
28,889
634,980
Perrigo Co., plc
15,275
559,676
QIAGEN N.V. *
25,731
1,204,726
Repligen Corp. *
6,290
1,079,112
Revvity, Inc.
14,292
1,757,201
Roivant Sciences Ltd. *
27,396
328,204
Royalty Pharma plc, Class A
41,990
1,317,646
Sarepta Therapeutics, Inc. *
10,132
1,098,208
Seagen, Inc. *
15,844
3,038,562
Sotera Health Co. *
11,220
212,956
Syneos Health, Inc. *
11,695
495,985
Ultragenyx Pharmaceutical, Inc. *
7,577
326,720
United Therapeutics Corp. *
5,107
1,239,571
SECURITY
NUMBER
OF SHARES
VALUE ($)
Viatris, Inc.
135,210
1,423,761
Waters Corp. *
6,627
1,830,444
West Pharmaceutical Services, Inc.
8,366
3,079,023
 
67,008,573
 
Real Estate Management & Development 0.8%
CBRE Group, Inc., Class A *
35,022
2,917,683
CoStar Group, Inc. *
45,704
3,837,765
Jones Lang LaSalle, Inc. *
5,344
890,043
The Howard Hughes Corp. *
3,846
324,718
Zillow Group, Inc., Class A *
6,206
330,283
Zillow Group, Inc., Class C *
17,415
943,196
 
9,243,688
 
Semiconductors & Semiconductor Equipment 3.1%
Allegro MicroSystems, Inc. *
7,489
386,507
Cirrus Logic, Inc. *
6,257
505,566
Enphase Energy, Inc. *
15,043
2,283,979
Entegris, Inc.
16,897
1,853,770
First Solar, Inc. *
12,029
2,494,815
GLOBALFOUNDRIES, Inc. *(a)
8,882
565,695
Lattice Semiconductor Corp. *
15,394
1,399,930
Marvell Technology, Inc.
96,629
6,293,447
Microchip Technology, Inc.
60,812
5,712,679
MKS Instruments, Inc.
7,492
817,902
Monolithic Power Systems, Inc.
5,129
2,869,624
ON Semiconductor Corp. *
48,749
5,252,705
Qorvo, Inc. *
11,276
1,240,585
Skyworks Solutions, Inc.
17,974
2,055,686
Teradyne, Inc.
17,621
1,990,116
Universal Display Corp.
5,276
769,663
Wolfspeed, Inc. *
13,987
921,743
 
37,414,412
 
Software & Services 6.5%
Akamai Technologies, Inc. *
17,370
1,641,465
Alteryx, Inc., Class A *
6,865
284,623
Amdocs Ltd.
13,454
1,259,833
ANSYS, Inc. *
9,811
3,356,343
AppLovin Corp., Class A *
25,727
807,828
Aspen Technology, Inc. *
3,160
564,060
Bentley Systems, Inc., Class B
21,747
1,171,728
Bill.com Holdings, Inc. *
11,591
1,452,816
Black Knight, Inc. *
17,538
1,233,272
CCC Intelligent Solutions Holdings, Inc. *
22,716
250,330
Cloudflare, Inc., Class A *
32,509
2,235,644
Cognizant Technology Solutions Corp.,
Class A
57,436
3,792,499
Confluent, Inc., Class A *
20,894
721,679
Crowdstrike Holdings, Inc., Class A *
23,800
3,847,508
Datadog, Inc., Class A *
30,872
3,603,380
DocuSign, Inc., Class A *
22,888
1,231,832
Dolby Laboratories, Inc., Class A
6,694
593,155
DoubleVerify Holdings, Inc. *
12,739
536,312
Dropbox, Inc., Class A *
29,555
796,507
DXC Technology Co. *
25,654
709,333
Dynatrace, Inc. *
24,705
1,351,116
Elastic N.V. *
8,804
585,026
EPAM Systems, Inc. *
6,281
1,487,404
Fair Isaac Corp. *
2,739
2,295,200
Five9, Inc. *
8,035
705,071
Gartner, Inc. *
8,677
3,068,100
Gen Digital, Inc.
62,729
1,220,079
Gitlab, Inc., Class A *
5,491
272,518
Globant S.A. *
4,652
812,844
GoDaddy, Inc., Class A *
17,430
1,343,679
84  

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Guidewire Software, Inc. *
9,212
781,362
HashiCorp, Inc., Class A *
10,428
308,773
HubSpot, Inc. *
5,162
2,996,799
Informatica, Inc., Class A *
4,936
93,981
Kyndryl Holdings, Inc. *
22,972
313,798
Manhattan Associates, Inc. *
6,966
1,327,859
MongoDB, Inc., Class A *
7,425
3,143,745
nCino, Inc. *
7,815
252,815
NCR Corp. *
14,291
384,142
New Relic, Inc. *
6,249
524,791
Nutanix, Inc., Class A *
25,931
783,116
Okta, Inc. *
16,991
1,305,928
Palantir Technologies, Inc., Class A *
211,769
4,201,497
Pegasystems, Inc.
4,731
249,560
Procore Technologies, Inc. *
8,874
673,093
PTC, Inc. *
12,265
1,788,360
RingCentral, Inc., Class A *
9,558
395,319
SentinelOne, Inc., Class A *
21,086
351,504
Smartsheet, Inc., Class A *
14,194
630,214
Splunk, Inc. *
18,205
1,972,148
Teradata Corp. *
11,498
653,661
Twilio, Inc., Class A *
19,149
1,264,409
Tyler Technologies, Inc. *
4,709
1,867,731
UiPath, Inc., Class A *
42,432
767,171
Unity Software, Inc. *
32,480
1,488,883
VeriSign, Inc. *
10,231
2,158,229
Zoom Video Communications, Inc.,
Class A *
27,952
2,050,279
Zscaler, Inc. *
9,864
1,581,988
 
77,542,339
 
Technology Hardware & Equipment 3.5%
Amphenol Corp., Class A
65,928
5,822,102
Arrow Electronics, Inc. *
6,461
920,951
Avnet, Inc.
10,302
499,647
CDW Corp.
15,280
2,858,430
Ciena Corp. *
16,755
707,061
Cognex Corp.
19,562
1,068,476
Coherent Corp. *
13,477
638,271
Corning, Inc.
85,988
2,918,433
F5, Inc. *
6,829
1,080,621
Hewlett Packard Enterprise Co.
146,212
2,541,164
HP, Inc.
97,686
3,207,031
IPG Photonics Corp. *
3,404
447,456
Jabil, Inc.
14,596
1,615,339
Juniper Networks, Inc.
35,861
996,936
Keysight Technologies, Inc. *
20,060
3,231,265
Littelfuse, Inc.
2,731
831,863
Lumentum Holdings, Inc. *
7,767
406,680
National Instruments Corp.
14,781
872,079
NetApp, Inc.
24,195
1,887,452
Pure Storage, Inc., Class A *
31,819
1,176,985
TD SYNNEX Corp.
4,717
465,615
Teledyne Technologies, Inc. *
5,268
2,025,704
Trimble, Inc. *
27,849
1,498,276
Ubiquiti, Inc.
469
83,318
ViaSat, Inc. *
8,061
249,407
Vontier Corp.
17,621
545,017
Western Digital Corp. *
36,110
1,536,842
Zebra Technologies Corp., Class A *
5,775
1,778,469
 
41,910,890
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Telecommunication Services 0.1%
Frontier Communications Parent, Inc. *
27,811
506,439
GCI Liberty, Inc. *(b)
6,049
1,092
Iridium Communications, Inc.
14,086
740,219
 
1,247,750
 
Transportation 2.3%
Alaska Air Group, Inc. *
14,166
688,893
American Airlines Group, Inc. *
73,450
1,230,287
Avis Budget Group, Inc. *
2,316
510,192
C.H. Robinson Worldwide, Inc.
13,002
1,302,540
Delta Air Lines, Inc.
72,547
3,356,024
Expeditors International of Washington,
Inc.
17,381
2,212,601
GXO Logistics, Inc. *
13,201
885,391
Hertz Global Holdings, Inc. *
15,115
254,688
JB Hunt Transport Services, Inc.
9,286
1,893,787
Kirby Corp. *
6,746
549,664
Knight-Swift Transportation Holdings,
Inc.
17,606
1,069,564
Landstar System, Inc.
4,035
821,486
Lyft, Inc., Class A *
34,818
442,537
Old Dominion Freight Line, Inc.
11,152
4,678,152
Ryder System, Inc.
5,199
531,078
Saia, Inc. *
3,005
1,271,536
Schneider National, Inc., Class B
6,173
190,190
Southwest Airlines Co.
67,194
2,295,347
U-Haul Holding Co.
1,016
61,834
U-Haul Holding Co. - Non Voting
9,146
523,243
United Airlines Holdings, Inc. *
36,936
2,005,994
XPO, Inc. *
12,849
889,665
 
27,664,693
 
Utilities 5.4%
Alliant Energy Corp.
28,374
1,524,819
Ameren Corp.
29,605
2,536,260
American Water Works Co., Inc.
22,029
3,247,735
Atmos Energy Corp.
16,300
1,983,873
Avangrid, Inc.
7,959
295,120
Brookfield Renewable Corp., Class A
14,497
451,871
CenterPoint Energy, Inc.
71,344
2,146,741
Clearway Energy, Inc., Class A
3,884
95,818
Clearway Energy, Inc., Class C
9,242
244,081
CMS Energy Corp.
32,886
2,008,348
Consolidated Edison, Inc.
39,232
3,721,547
Constellation Energy Corp.
37,044
3,580,303
DTE Energy Co.
23,291
2,662,161
Edison International
42,733
3,075,067
Entergy Corp.
23,928
2,457,406
Essential Utilities, Inc.
27,484
1,162,298
Evergy, Inc.
25,169
1,509,385
Eversource Energy
39,409
2,850,453
FirstEnergy Corp.
61,565
2,425,045
Hawaiian Electric Industries, Inc.
12,428
477,111
IDACORP, Inc.
5,713
587,411
National Fuel Gas Co.
10,064
534,499
NiSource, Inc.
46,751
1,301,548
NRG Energy, Inc.
26,012
988,196
OGE Energy Corp.
22,558
815,472
PG&E Corp. *
203,681
3,586,822
Pinnacle West Capital Corp.
12,830
1,062,581
PPL Corp.
83,440
2,297,103
Public Service Enterprise Group, Inc.
56,226
3,548,985
The AES Corp.
75,393
1,630,751
UGI Corp.
23,625
637,639
Vistra Corp.
42,498
1,192,494
  85

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
WEC Energy Group, Inc.
35,676
3,205,845
Xcel Energy, Inc.
62,298
3,907,954
 
63,752,742
Total Common Stocks
(Cost $990,951,849)
1,180,977,445
INVESTMENT COMPANIES 0.1% OF NET ASSETS
 
Equity Funds 0.1%
iShares Russell Mid-Cap ETF
15,000
1,138,650
Total Investment Companies
(Cost $1,013,953)
1,138,650
 
 
 
SHORT-TERM INVESTMENTS 0.8% OF NET ASSETS
 
Money Market Funds 0.8%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.19% (c)
5,992,881
5,992,881
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.19% (c)(d)
3,005,080
3,005,080
 
8,997,961
Total Short-Term Investments
(Cost $8,997,961)
8,997,961
Total Investments in Securities
(Cost $1,000,963,763)
1,191,114,056
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 400 Mid-Cap Index, e-mini,
expires 09/15/23
14
3,840,760
18,656
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$2,985,610.
(b)
Fair valued using significant unobservable inputs (see Notes for additional
information).
(c)
The rate shown is the annualized 7-day yield.
(d)
Security purchased with cash collateral received for securities on loan.
ADR —
American Depositary Receipt
ETF —
Exchange-traded fund
REIT —
Real Estate Investment Trust

The following is a summary of the inputs used to value the fund’s investments as of July 31, 2023:
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$1,179,729,695
$
$
$1,179,729,695
Telecommunication Services
1,246,658
1,092
1,247,750
Investment Companies1
1,138,650
1,138,650
Short-Term Investments1
8,997,961
8,997,961
Futures Contracts2
18,656
18,656
Total
$1,191,131,620
$—
$1,092
$1,191,132,712
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
Fund investments in mutual funds and ETFs are classified as Level 1, without consideration to the classification level of the underlying securities held by the underlying mutual funds and ETFs, which could be Level 1, Level 2 or Level 3.
86  

Schwab Capital Trust
Schwab International Index Fund
Portfolio Holdings as of July 31, 2023 (Unaudited)
The following are the portfolio holdings as of the report date. For more information, please refer to the fund’s semiannual or annual shareholder reports. You can also obtain this information at no cost by calling 1-866-414-6349 or by sending an email request to orders@mysummaryprospectus.com.
SECURITY
NUMBER
OF SHARES
VALUE ($)
COMMON STOCKS 98.9% OF NET ASSETS
 
Australia 7.4%
Ampol Ltd.
140,562
3,112,975
ANZ Group Holdings Ltd.
1,735,656
30,112,182
APA Group
679,985
4,574,342
Aristocrat Leisure Ltd.
335,907
8,896,570
ASX Ltd.
111,262
4,648,376
Aurizon Holdings Ltd.
1,043,789
2,675,036
BHP Group Ltd.
2,910,371
90,576,178
BlueScope Steel Ltd.
263,315
3,883,118
Brambles Ltd.
812,765
7,689,382
Cochlear Ltd.
37,491
6,031,264
Coles Group Ltd.
774,095
9,466,094
Commonwealth Bank of Australia
971,705
69,135,606
Computershare Ltd.
331,065
5,583,495
CSL Ltd.
278,652
50,189,724
Dexus
630,433
3,489,314
Endeavour Group Ltd.
833,695
3,407,593
Fortescue Metals Group Ltd.
971,902
14,287,664
Goodman Group
980,018
13,550,858
IDP Education Ltd.
146,611
2,456,966
IGO Ltd.
391,425
3,657,578
Insurance Australia Group Ltd.
1,405,008
5,608,807
James Hardie Industries plc *
252,894
7,411,536
Lendlease Corp., Ltd.
420,154
2,442,594
Macquarie Group Ltd.
211,700
24,965,762
Medibank Pvt Ltd.
1,563,474
3,691,215
Mineral Resources Ltd.
100,569
4,859,170
Mirvac Group
2,293,803
3,615,721
National Australia Bank Ltd.
1,801,801
34,515,388
Newcrest Mining Ltd.
518,384
9,298,227
Northern Star Resources Ltd.
664,601
5,188,012
Orica Ltd.
266,982
2,832,890
Origin Energy Ltd.
1,013,295
5,768,719
Pilbara Minerals Ltd.
1,555,857
5,090,056
Qantas Airways Ltd. *
507,007
2,227,672
QBE Insurance Group Ltd.
863,608
9,168,841
Ramsay Health Care Ltd.
107,358
4,254,409
REA Group Ltd.
30,966
3,282,811
Reece Ltd.
131,932
1,742,145
Rio Tinto Ltd.
212,554
16,831,044
Santos Ltd.
1,908,603
10,270,169
Scentre Group
2,930,287
5,544,957
SEEK Ltd.
192,622
3,230,294
Sonic Healthcare Ltd.
255,304
6,032,271
South32 Ltd.
2,605,779
6,861,525
Stockland
1,354,583
3,849,767
Suncorp Group Ltd.
721,094
6,909,539
Telstra Group Ltd.
2,332,259
6,675,417
The GPT Group
1,077,914
3,150,590
The Lottery Corp., Ltd.
1,281,396
4,459,122
Transurban Group
1,764,130
17,032,752
Treasury Wine Estates Ltd.
411,766
3,116,524
Vicinity Ltd.
2,305,247
3,065,065
SECURITY
NUMBER
OF SHARES
VALUE ($)
Washington H Soul Pattinson & Co., Ltd.
134,155
2,976,581
Wesfarmers Ltd.
649,447
21,699,409
Westpac Banking Corp.
2,015,203
30,290,246
WiseTech Global Ltd.
94,595
5,462,770
Woodside Energy Group Ltd.
1,084,962
27,965,088
Woolworths Group Ltd.
704,627
18,298,342
Xero Ltd. *
81,989
6,739,611
 
683,849,373
 
Austria 0.2%
Erste Group Bank AG
196,311
7,419,745
OMV AG
81,847
3,687,542
Verbund AG
39,717
3,290,830
Voestalpine AG
69,956
2,311,721
 
16,709,838
 
Belgium 0.9%
Ageas S.A./N.V.
93,531
3,959,471
Anheuser-Busch InBev S.A./N.V.
499,061
28,549,106
Argenx SE *
32,063
16,148,191
D'ieteren Group
12,387
2,163,342
Elia Group S.A./N.V.
16,766
2,064,314
Groupe Bruxelles Lambert N.V.
56,947
4,607,714
KBC Group N.V.
144,167
10,850,699
Sofina S.A.
9,146
2,174,668
Solvay S.A.
41,913
5,033,677
UCB S.A.
72,444
6,414,718
Umicore S.A.
121,582
3,600,666
Warehouses De Pauw CVA
92,407
2,730,375
 
88,296,941
 
Denmark 3.0%
AP Moller - Maersk A/S, Class A
1,792
3,603,040
AP Moller - Maersk A/S, Class B
2,848
5,850,380
Carlsberg A/S, Class B
56,076
8,410,397
Chr. Hansen Holding A/S
61,980
4,683,434
Coloplast A/S, Class B
67,874
8,437,172
Danske Bank A/S
398,357
9,459,012
Demant A/S *
53,633
2,134,313
DSV A/S
106,549
21,324,715
Genmab A/S *
38,337
15,802,495
Novo Nordisk A/S, Class B
952,496
153,592,068
Novozymes A/S, Class B
117,159
5,875,909
Orsted A/S
108,967
9,482,250
Pandora A/S
52,286
5,230,269
Rockwool A/S, B Shares
4,990
1,342,106
Tryg A/S
216,650
4,277,494
Vestas Wind Systems A/S *
578,653
15,476,919
 
274,981,973
 
  87

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Finland 0.8%
Elisa Oyj
81,484
4,250,646
Fortum Oyj
255,185
3,454,502
Kesko Oyj, B Shares
158,253
3,166,435
Kone Oyj, B Shares
196,936
10,101,399
Metso Oyj
374,219
4,252,650
Neste Oyj
244,518
9,001,948
Nokia Oyj
3,073,302
12,080,963
Orion Oyj, B Shares
63,697
2,447,946
Sampo Oyj, A Shares
264,393
11,650,908
Stora Enso Oyj, R Shares
329,039
4,033,775
UPM-Kymmene Oyj
303,832
10,059,169
Wartsila Oyj Abp
279,968
3,517,195
 
78,017,536
 
France 12.2%
Accor S.A.
107,091
4,040,761
Aeroports de Paris
17,347
2,395,482
Air Liquide S.A.
300,332
53,997,891
Airbus SE
341,200
50,258,764
Alstom S.A.
187,781
5,749,901
Amundi S.A.
34,423
2,112,382
ArcelorMittal S.A.
275,785
7,976,192
Arkema S.A.
32,911
3,549,089
AXA S.A.
1,053,036
32,369,113
BioMerieux
24,782
2,660,331
BNP Paribas S.A.
645,004
42,536,594
Bollore SE
518,892
3,280,809
Bouygues S.A.
120,598
4,320,006
Bureau Veritas S.A.
168,400
4,624,902
Capgemini SE
94,509
17,126,785
Carrefour S.A.
350,915
7,015,188
Cie de Saint-Gobain
281,291
19,024,091
Cie Generale des Etablissements
Michelin S.C.A.
396,685
12,990,264
Covivio S.A.
25,895
1,250,252
Credit Agricole S.A.
691,969
8,591,055
Danone S.A.
370,246
22,609,714
Dassault Aviation S.A.
14,720
2,859,527
Dassault Systemes SE
383,448
16,388,045
Edenred
142,247
9,238,994
Eiffage S.A.
42,393
4,410,463
Engie S.A.
1,057,195
17,343,627
EssilorLuxottica S.A.
166,925
33,581,168
Eurazeo SE
23,599
1,440,949
Eurofins Scientific SE
77,340
5,319,182
Euronext N.V.
48,532
3,693,949
Gecina S.A.
25,368
2,742,598
Getlink SE
209,936
3,690,121
Hermes International
18,217
40,319,044
Ipsen S.A.
22,283
2,808,255
Kering S.A.
42,919
24,642,601
Klepierre S.A.
122,985
3,264,473
La Francaise des Jeux SAEM
57,938
2,211,920
Legrand S.A.
153,976
15,436,818
L'Oreal S.A.
138,489
64,412,537
LVMH Moet Hennessy Louis Vuitton SE
158,963
147,639,672
Orange S.A.
1,072,112
12,118,977
Pernod-Ricard S.A.
118,733
26,177,249
Publicis Groupe S.A.
132,629
10,693,264
Remy Cointreau S.A. *
12,675
2,175,769
Renault S.A.
111,924
4,915,885
Safran S.A.
195,022
32,376,209
Sanofi
649,525
69,294,263
Sartorius Stedim Biotech
15,970
4,996,556
Schneider Electric SE
312,457
55,733,588
SEB S.A.
13,670
1,530,300
SECURITY
NUMBER
OF SHARES
VALUE ($)
Societe Generale S.A.
420,443
11,434,676
Sodexo S.A.
50,769
5,207,751
STMicroelectronics N.V.
391,246
20,926,323
Teleperformance
34,451
4,996,732
Thales S.A.
60,976
9,121,387
TotalEnergies SE
1,356,947
82,443,360
Unibail-Rodamco-Westfield *
68,163
3,862,310
Valeo S.A.
113,893
2,574,458
Veolia Environnement S.A.
389,790
12,691,151
Vinci S.A.
307,600
36,126,816
Vivendi SE
416,604
3,719,585
Wendel SE
15,141
1,494,636
Worldline S.A. *
140,043
5,551,221
 
1,130,085,975
 
Germany 8.0%
adidas AG
93,639
18,904,314
Allianz SE
233,421
55,787,468
BASF SE
514,633
27,589,988
Bayer AG
567,342
33,180,103
Bayerische Motoren Werke AG
190,781
23,265,738
Bechtle AG
45,031
1,981,977
Beiersdorf AG
57,869
7,494,345
Brenntag SE
88,334
6,853,359
Carl Zeiss Meditec AG, Bearer Shares
23,985
2,779,398
Commerzbank AG
606,022
7,248,919
Continental AG
63,360
5,058,640
Covestro AG *
110,594
5,940,986
Daimler Truck Holding AG
283,536
10,641,188
Delivery Hero SE *
100,504
4,561,848
Deutsche Bank AG
1,114,471
12,354,062
Deutsche Boerse AG
109,690
21,016,771
Deutsche Lufthansa AG *
347,209
3,502,040
Deutsche Telekom AG
1,866,062
40,682,453
DHL Group
578,223
29,734,083
E.ON SE
1,297,893
16,418,762
Evonik Industries AG
135,543
2,807,502
Fresenius Medical Care AG & Co. KGaA
117,966
6,126,506
Fresenius SE & Co. KGaA
241,936
7,592,469
GEA Group AG
87,823
3,727,367
Hannover Rueck SE
34,607
7,384,237
Heidelberg Materials AG
83,416
6,760,687
HelloFresh SE *
95,889
2,734,283
Henkel AG & Co. KGaA
59,881
4,184,618
Infineon Technologies AG
748,777
32,897,865
Knorr-Bremse AG
41,353
2,908,684
LEG Immobilien SE *
43,290
3,060,714
Mercedes-Benz Group AG
494,300
39,476,239
Merck KGaA
74,309
13,057,944
MTU Aero Engines AG
30,516
7,125,836
Muenchener
Rueckversicherungs-Gesellschaft AG
in Muenchen
80,376
30,257,213
Nemetschek SE
34,622
2,519,408
Puma SE
60,859
4,112,929
QIAGEN N.V. *
132,339
6,209,550
Rational AG
3,023
2,262,891
Rheinmetall AG
25,478
7,216,542
RWE AG
362,445
15,599,139
SAP SE
599,940
81,838,749
Scout24 SE
42,169
2,787,610
Siemens AG
437,320
74,537,760
Siemens Energy AG *
296,570
5,024,380
Siemens Healthineers AG
163,809
9,517,845
Symrise AG, Class A
76,144
8,317,342
Talanx AG
36,070
2,208,921
Telefonica Deutschland Holding AG
516,776
1,392,391
Volkswagen AG
17,567
2,807,482
88  

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Vonovia SE
409,550
9,542,506
Wacker Chemie AG
11,247
1,747,647
Zalando SE *
130,247
4,496,737
 
747,238,435
 
Hong Kong 2.5%
AIA Group Ltd.
6,684,600
66,877,656
BOC Hong Kong Holdings Ltd.
2,141,090
6,534,697
Budweiser Brewing Co. APAC Ltd.
1,015,900
2,477,900
CK Asset Holdings Ltd.
1,134,211
6,568,296
CK Hutchison Holdings Ltd.
1,522,025
9,386,825
CK Infrastructure Holdings Ltd.
383,000
2,029,648
CLP Holdings Ltd.
942,426
7,681,838
ESR Group Ltd.
1,086,734
1,905,637
Futu Holdings Ltd., ADR *
34,020
2,048,004
Galaxy Entertainment Group Ltd. *
1,246,000
9,095,210
Hang Lung Properties Ltd.
1,010,000
1,576,153
Hang Seng Bank Ltd.
435,740
6,660,529
Henderson Land Development Co., Ltd.
808,735
2,499,936
HKT Trust & HKT Ltd.
2,208,000
2,608,088
Hong Kong & China Gas Co., Ltd.
6,481,696
5,560,370
Hong Kong Exchanges & Clearing Ltd.
693,965
29,258,953
Hongkong Land Holdings Ltd.
646,001
2,302,164
Jardine Matheson Holdings Ltd.
90,217
4,456,305
Link REIT
1,467,940
8,251,519
MTR Corp., Ltd.
919,360
4,236,685
New World Development Co., Ltd.
830,778
2,054,489
Power Assets Holdings Ltd.
813,938
4,266,030
Sands China Ltd. *
1,392,400
5,364,238
Sino Land Co., Ltd.
2,040,425
2,504,669
SITC International Holdings Co., Ltd.
814,000
1,783,601
Sun Hung Kai Properties Ltd.
839,604
10,542,587
Swire Pacific Ltd., A Shares
261,590
2,186,693
Swire Properties Ltd.
706,200
1,772,085
Techtronic Industries Co., Ltd.
797,000
9,054,357
WH Group Ltd.
4,780,289
2,609,034
Wharf Real Estate Investment Co., Ltd.
976,188
5,238,681
Xinyi Glass Holdings Ltd.
985,000
1,639,135
 
231,032,012
 
Ireland 0.8%
AIB Group plc
772,425
3,633,227
Bank of Ireland Group plc
615,913
6,498,378
CRH plc
425,852
25,368,400
Flutter Entertainment plc *
101,863
20,260,512
Kerry Group plc, Class A
90,692
9,010,328
Kingspan Group plc
89,359
7,172,269
Smurfit Kappa Group plc
150,573
5,958,327
 
77,901,441
 
Israel 0.6%
Azrieli Group Ltd.
23,908
1,360,483
Bank Hapoalim B.M.
713,665
6,339,370
Bank Leumi Le-Israel B.M.
868,961
6,936,584
Check Point Software Technologies
Ltd. *
55,556
7,345,059
CyberArk Software Ltd. *
23,683
3,931,615
Elbit Systems Ltd.
15,549
3,306,277
ICL Group Ltd.
453,947
3,022,601
Israel Discount Bank Ltd., A Shares
717,643
3,801,174
Mizrahi Tefahot Bank Ltd.
89,521
3,232,148
Monday.com Ltd. *
10,638
1,923,138
Nice Ltd. *
36,803
8,010,927
Teva Pharmaceutical Industries Ltd.
ADR, ADR *
647,346
5,437,706
SECURITY
NUMBER
OF SHARES
VALUE ($)
Tower Semiconductor Ltd. *
63,919
2,370,580
Wix.com Ltd. *
30,243
2,852,520
 
59,870,182
 
Italy 2.6%
Amplifon S.p.A.
72,510
2,453,165
Assicurazioni Generali S.p.A.
580,062
12,355,621
CNH Industrial N.V.
582,121
8,407,559
Davide Campari-Milano N.V.
301,880
4,059,948
DiaSorin S.p.A.
13,779
1,545,895
Enel S.p.A.
4,683,227
32,291,772
Eni S.p.A.
1,340,236
20,461,205
Ferrari N.V.
72,591
23,271,706
FinecoBank Banca Fineco S.p.A.
352,016
5,465,836
Infrastrutture Wireless Italiane S.p.A.
197,672
2,478,964
Intesa Sanpaolo S.p.A.
9,275,760
26,822,412
Mediobanca Banca di Credito
Finanziario S.p.A.
312,469
4,164,148
Moncler S.p.A.
117,103
8,451,746
Nexi S.p.A. *
326,368
2,826,348
Poste Italiane S.p.A.
306,119
3,496,947
Prysmian S.p.A.
144,915
5,778,506
Recordati Industria Chimica e
Farmaceutica S.p.A.
60,578
3,128,253
Snam S.p.A.
1,217,222
6,398,649
Stellantis N.V.
1,296,939
26,610,442
Telecom Italia S.p.A. *
5,972,043
1,721,569
Tenaris S.A.
273,770
4,549,379
Terna - Rete Elettrica Nazionale
805,407
6,804,886
UniCredit S.p.A.
1,060,992
26,864,578
 
240,409,534
 
Japan 22.3%
Advantest Corp.
111,198
15,379,779
Aeon Co., Ltd.
373,400
8,087,334
AGC, Inc.
115,993
4,191,248
Aisin Corp.
82,000
2,664,598
Ajinomoto Co., Inc.
260,100
10,134,768
ANA Holdings, Inc. *
87,500
2,097,728
Asahi Group Holdings Ltd.
278,100
10,931,904
Asahi Intecc Co., Ltd.
120,900
2,481,022
Asahi Kasei Corp.
708,400
4,827,567
Astellas Pharma, Inc.
1,040,150
15,209,435
Azbil Corp.
68,300
2,155,225
Bandai Namco Holdings, Inc.
345,600
7,819,047
BayCurrent Consulting, Inc.
78,800
2,544,825
Bridgestone Corp.
328,157
13,617,004
Brother Industries Ltd.
127,600
1,989,018
Canon, Inc.
574,995
14,860,966
Capcom Co., Ltd.
102,300
4,600,123
Central Japan Railway Co.
83,200
10,602,444
Chubu Electric Power Co., Inc.
370,400
4,640,295
Chugai Pharmaceutical Co., Ltd.
387,400
11,529,504
Concordia Financial Group Ltd.
591,500
2,705,533
CyberAgent, Inc.
261,000
1,649,976
Dai Nippon Printing Co., Ltd.
128,948
3,665,472
Daifuku Co., Ltd.
177,890
3,804,559
Dai-ichi Life Holdings, Inc.
544,700
11,129,153
Daiichi Sankyo Co., Ltd.
1,062,600
32,727,665
Daikin Industries Ltd.
151,700
30,673,544
Daito Trust Construction Co., Ltd.
36,600
3,937,005
Daiwa House Industry Co., Ltd.
341,500
9,281,597
Daiwa House REIT Investment Corp.
1,223
2,407,880
Daiwa Securities Group, Inc.
775,600
4,204,454
Denso Corp.
248,300
17,288,505
Dentsu Group, Inc.
117,900
3,945,096
Disco Corp.
53,400
10,037,908
  89

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
East Japan Railway Co.
175,760
9,950,498
Eisai Co., Ltd.
145,700
9,192,735
ENEOS Holdings, Inc.
1,666,100
6,044,842
FANUC Corp.
554,400
16,960,438
Fast Retailing Co., Ltd.
100,800
25,251,682
Fuji Electric Co., Ltd.
74,700
3,377,156
FUJIFILM Holdings Corp.
214,911
12,478,942
Fujitsu Ltd.
101,400
13,130,263
GLP J-REIT
2,633
2,593,937
GMO Payment Gateway, Inc.
23,400
1,785,159
Hakuhodo DY Holdings, Inc.
125,400
1,442,654
Hamamatsu Photonics K.K.
79,700
3,840,056
Hankyu Hanshin Holdings, Inc.
131,900
4,382,098
Hikari Tsushin, Inc.
12,193
1,809,283
Hirose Electric Co., Ltd.
16,664
2,110,623
Hitachi Construction Machinery Co., Ltd.
65,653
1,970,149
Hitachi Ltd.
539,115
35,292,884
Honda Motor Co., Ltd.
885,839
28,241,777
Hoshizaki Corp.
61,600
2,362,414
Hoya Corp.
205,607
23,944,851
Hulic Co., Ltd.
216,600
1,844,176
Ibiden Co., Ltd.
64,600
3,926,341
Idemitsu Kosan Co., Ltd.
122,603
2,588,986
Iida Group Holdings Co., Ltd.
92,100
1,615,663
Inpex Corp.
563,100
7,270,870
Isuzu Motors Ltd.
332,700
4,322,021
ITOCHU Corp.
684,200
27,672,673
Itochu Techno-Solutions Corp.
57,787
1,464,562
Japan Airlines Co., Ltd.
85,600
1,853,293
Japan Exchange Group, Inc.
289,700
5,047,499
Japan Metropolitan Fund Invest
3,872
2,655,794
Japan Post Bank Co., Ltd.
861,800
7,169,781
Japan Post Holdings Co., Ltd.
1,252,800
9,148,679
Japan Post Insurance Co., Ltd.
120,800
1,952,148
Japan Real Estate Investment Corp.
714
2,871,777
Japan Tobacco, Inc.
690,000
15,310,820
JFE Holdings, Inc.
283,700
4,589,105
JSR Corp.
105,300
3,020,709
Kajima Corp.
246,000
3,887,403
Kao Corp.
265,419
10,083,690
Kawasaki Kisen Kaisha Ltd.
82,000
2,472,679
KDDI Corp.
861,400
25,352,464
Keio Corp.
56,500
1,878,094
Keisei Electric Railway Co., Ltd.
76,856
3,189,927
Keyence Corp.
111,900
50,214,224
Kikkoman Corp.
76,277
4,395,909
Kintetsu Group Holdings Co., Ltd.
102,000
3,421,754
Kirin Holdings Co., Ltd.
449,000
6,631,926
Kobayashi Pharmaceutical Co., Ltd.
27,900
1,533,700
Kobe Bussan Co., Ltd.
88,400
2,354,585
Koei Tecmo Holdings Co., Ltd.
64,600
1,105,379
Koito Manufacturing Co., Ltd.
122,800
2,257,974
Komatsu Ltd.
530,409
14,859,106
Konami Group Corp.
56,400
3,163,850
Kose Corp.
18,300
1,792,049
Kubota Corp.
584,600
8,830,949
Kurita Water Industries Ltd.
61,347
2,467,080
Kyocera Corp.
185,400
9,976,756
Kyowa Kirin Co., Ltd.
159,100
3,038,122
Lasertec Corp.
44,100
6,675,938
Lixil Corp.
165,087
2,109,783
M3, Inc.
251,800
5,822,579
Makita Corp.
129,600
3,639,304
Marubeni Corp.
876,600
15,520,198
MatsukiyoCocokara & Co.
65,100
3,809,757
Mazda Motor Corp.
331,100
3,284,674
McDonald's Holdings Co., Japan Ltd.
48,100
1,893,368
MEIJI Holdings Co., Ltd.
132,300
3,056,645
MINEBEA MITSUMI, Inc.
209,700
3,884,226
SECURITY
NUMBER
OF SHARES
VALUE ($)
MISUMI Group, Inc.
164,700
3,013,042
Mitsubishi Chemical Group Corp.
736,100
4,403,222
Mitsubishi Corp.
713,500
36,507,266
Mitsubishi Electric Corp.
1,108,600
15,998,352
Mitsubishi Estate Co., Ltd.
639,102
7,832,635
Mitsubishi HC Capital, Inc.
498,938
3,300,657
Mitsubishi Heavy Industries Ltd.
183,400
8,701,235
Mitsubishi UFJ Financial Group, Inc.
6,555,009
52,782,558
Mitsui & Co., Ltd.
757,700
29,573,090
Mitsui Chemicals, Inc.
96,600
2,777,632
Mitsui Fudosan Co., Ltd.
522,877
10,742,474
Mitsui O.S.K. Lines Ltd.
198,300
5,126,414
Mizuho Financial Group, Inc.
1,391,913
23,614,311
MonotaRO Co., Ltd.
152,300
1,858,797
MS&AD Insurance Group Holdings, Inc.
248,562
9,244,844
Murata Manufacturing Co., Ltd.
331,800
19,709,483
NEC Corp.
140,300
7,098,535
Nexon Co., Ltd.
228,200
4,353,922
NGK Insulators Ltd.
131,600
1,613,977
Nidec Corp.
236,800
14,142,868
Nintendo Co., Ltd.
594,890
26,909,692
Nippon Building Fund, Inc.
883
3,701,370
Nippon Express Holdings, Inc.
41,400
2,427,332
Nippon Paint Holdings Co., Ltd.
540,700
4,954,033
Nippon Prologis REIT, Inc.
1,269
2,594,989
Nippon Sanso Holdings Corp.
103,100
2,493,096
Nippon Shinyaku Co., Ltd.
31,000
1,253,628
Nippon Steel Corp.
466,741
10,668,004
Nippon Telegraph & Telephone Corp.
17,285,375
19,821,450
Nippon Yusen K.K.
280,700
6,828,353
Nissan Chemical Corp.
72,566
3,260,802
Nissan Motor Co., Ltd.
1,355,196
5,969,837
Nisshin Seifun Group, Inc.
107,800
1,336,829
Nissin Foods Holdings Co., Ltd.
36,100
3,043,791
Nitori Holdings Co., Ltd.
45,600
5,583,838
Nitto Denko Corp.
85,100
6,051,545
Nomura Holdings, Inc.
1,656,600
6,853,308
Nomura Real Estate Holdings, Inc.
61,500
1,525,386
Nomura Real Estate Master Fund, Inc.
2,473
2,942,221
Nomura Research Institute Ltd.
224,400
6,376,307
NTT Data Corp.
367,600
5,113,754
Obayashi Corp.
377,700
3,492,151
Obic Co., Ltd.
40,700
6,660,153
Odakyu Electric Railway Co., Ltd.
172,700
2,523,220
Oji Holdings Corp.
488,600
1,929,138
Olympus Corp.
696,000
11,356,581
Omron Corp.
100,300
5,383,729
Ono Pharmaceutical Co., Ltd.
223,600
4,097,541
Open House Group Co., Ltd.
46,900
1,784,653
Oracle Corp. Japan
23,400
1,640,307
Oriental Land Co., Ltd.
628,500
24,105,196
ORIX Corp.
677,600
13,034,664
Osaka Gas Co., Ltd.
217,900
3,428,622
Otsuka Corp.
63,200
2,631,859
Otsuka Holdings Co., Ltd.
223,600
8,221,169
Pan Pacific International Holdings Corp.
219,200
4,333,934
Panasonic Holdings Corp.
1,281,912
15,823,129
Persol Holdings Co., Ltd.
106,600
2,108,615
Rakuten Group, Inc.
882,520
3,456,622
Recruit Holdings Co., Ltd.
829,600
28,733,734
Renesas Electronics Corp. *
730,900
14,101,858
Resona Holdings, Inc.
1,238,185
6,740,780
Ricoh Co., Ltd.
324,600
2,887,533
Rohm Co., Ltd.
50,300
4,713,524
SBI Holdings, Inc.
145,690
3,076,578
SCSK Corp.
85,200
1,416,454
Secom Co., Ltd.
122,200
8,200,212
Seiko Epson Corp.
164,900
2,707,940
Sekisui Chemical Co., Ltd.
204,600
3,107,772
90  

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Sekisui House Ltd.
353,169
7,205,246
Seven & i Holdings Co., Ltd.
431,903
17,917,530
SG Holdings Co., Ltd.
183,328
2,675,398
Sharp Corp. *
117,800
700,458
Shimadzu Corp.
136,000
4,130,431
Shimano, Inc.
44,100
6,647,067
Shimizu Corp.
314,100
2,164,003
Shin-Etsu Chemical Co., Ltd.
1,044,900
34,424,067
Shionogi & Co., Ltd.
150,000
6,286,204
Shiseido Co., Ltd.
231,400
10,145,517
Shizuoka Financial Group, Inc.
267,400
2,233,353
SMC Corp.
32,800
17,140,065
Softbank Corp.
1,647,000
18,289,110
SoftBank Group Corp.
595,200
30,273,297
Sompo Holdings, Inc.
178,100
7,873,933
Sony Group Corp.
725,500
67,954,847
Square Enix Holdings Co., Ltd.
51,700
2,394,706
Subaru Corp.
354,500
6,719,040
SUMCO Corp.
203,500
2,965,385
Sumitomo Chemical Co., Ltd.
812,900
2,507,112
Sumitomo Corp.
645,500
13,847,834
Sumitomo Electric Industries Ltd.
411,400
5,274,956
Sumitomo Metal Mining Co., Ltd.
144,000
4,973,068
Sumitomo Mitsui Financial Group, Inc.
749,646
35,122,150
Sumitomo Mitsui Trust Holdings, Inc.
190,200
7,399,104
Sumitomo Realty & Development Co.,
Ltd.
161,500
4,328,105
Suntory Beverage & Food Ltd.
83,400
2,968,791
Suzuki Motor Corp.
211,300
8,486,983
Sysmex Corp.
95,300
6,453,249
T&D Holdings, Inc.
291,900
4,745,946
Taisei Corp.
100,300
3,801,009
Takeda Pharmaceutical Co., Ltd.
909,390
27,804,455
TDK Corp.
225,700
8,646,173
Terumo Corp.
387,000
12,673,890
The Chiba Bank Ltd.
320,800
2,255,657
The Kansai Electric Power Co., Inc.
402,800
5,291,697
TIS, Inc.
129,900
3,294,756
Tobu Railway Co., Ltd.
111,700
2,955,807
Toho Co., Ltd.
66,108
2,577,083
Tokio Marine Holdings, Inc.
1,037,797
23,864,122
Tokyo Electric Power Co. Holdings, Inc. *
869,690
3,453,574
Tokyo Electron Ltd.
258,500
38,797,472
Tokyo Gas Co., Ltd.
231,140
5,241,344
Tokyu Corp.
307,400
3,900,192
Toppan, Inc.
137,300
3,231,839
Toray Industries, Inc.
796,500
4,459,932
Toshiba Corp.
233,417
7,536,152
Tosoh Corp.
145,100
1,896,554
TOTO Ltd.
74,700
2,296,436
Toyota Industries Corp.
83,600
6,041,533
Toyota Motor Corp.
6,097,815
102,527,129
Toyota Tsusho Corp.
121,369
7,100,712
Trend Micro, Inc.
77,300
3,652,095
Unicharm Corp.
230,100
8,513,390
USS Co., Ltd.
114,100
1,978,503
Welcia Holdings Co., Ltd.
59,700
1,123,778
West Japan Railway Co.
127,632
5,243,677
Yakult Honsha Co., Ltd.
73,800
4,094,854
Yamaha Corp.
80,900
3,134,729
Yamaha Motor Co., Ltd.
168,500
4,941,920
Yamato Holdings Co., Ltd.
163,000
3,052,659
Yaskawa Electric Corp.
136,500
5,933,692
Yokogawa Electric Corp.
129,400
2,429,989
Z Holdings Corp.
1,519,700
4,236,935
ZOZO, Inc.
78,500
1,532,479
 
2,068,479,331
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Netherlands 4.6%
ABN AMRO Bank N.V., GDR
233,269
3,966,321
Adyen N.V. *
12,412
23,036,854
Aegon N.V.
950,068
5,157,236
AerCap Holdings N.V. *
95,073
6,066,608
Akzo Nobel N.V.
98,861
8,457,363
ASM International N.V.
26,989
12,821,943
ASML Holding N.V.
231,988
166,165,761
Coca-Cola Europacific Partners plc
117,291
7,435,076
DSM-Firmenich AG
101,029
11,163,683
EXOR N.V.
61,956
5,789,512
Heineken Holding N.V.
66,346
5,438,722
Heineken N.V.
148,732
14,558,106
IMCD N.V.
33,257
5,039,413
ING Groep N.V.
2,078,669
30,341,630
JDE Peet's N.V.
71,218
2,148,668
Just Eat Takeaway.com N.V *
125,722
2,255,452
Koninklijke Ahold Delhaize N.V.
558,734
19,258,789
Koninklijke KPN N.V.
1,873,044
6,777,152
Koninklijke Philips N.V.
536,568
11,146,468
NN Group N.V.
149,043
5,713,552
OCI N.V. *
58,728
1,673,735
Prosus N.V. *
462,642
36,598,388
Randstad N.V.
61,829
3,622,282
Universal Music Group N.V.
465,693
11,944,982
Wolters Kluwer N.V.
148,901
18,698,392
 
425,276,088
 
New Zealand 0.2%
Auckland International Airport Ltd. *
706,929
3,690,345
EBOS Group Ltd.
85,411
2,046,811
Fisher & Paykel Healthcare Corp., Ltd.
339,200
5,178,583
Mercury NZ Ltd.
419,454
1,717,704
Meridian Energy Ltd.
736,587
2,585,330
Spark New Zealand Ltd.
1,036,536
3,337,175
 
18,555,948
 
Norway 0.7%
Adevinta A.S.A. *
158,344
1,171,278
Aker BP A.S.A.
182,455
5,111,034
DNB Bank A.S.A.
527,450
10,869,417
Equinor A.S.A.
546,584
16,719,170
Gjensidige Forsikring A.S.A.
119,247
1,882,484
Kongsberg Gruppen A.S.A.
51,393
2,230,000
Mowi A.S.A.
258,574
4,545,705
Norsk Hydro A.S.A.
765,652
5,014,575
Orkla A.S.A.
442,197
3,489,299
Salmar A.S.A.
44,584
2,059,714
Telenor A.S.A.
397,100
4,250,932
Yara International A.S.A.
96,241
3,930,673
 
61,274,281
 
Portugal 0.2%
EDP - Energias de Portugal S.A.
1,659,212
7,751,571
EDP Renovaveis S.A.
145,872
2,786,287
Galp Energia, SGPS, S.A.
287,636
3,822,571
Jeronimo Martins, SGPS, S.A.
166,145
4,523,427
 
18,883,856
 
Singapore 1.5%
CapitaLand Ascendas REIT
1,953,595
4,131,120
CapitaLand Integrated Commercial Trust
3,011,110
4,622,909
Capitaland Investment Ltd.
1,503,549
3,848,303
City Developments Ltd.
285,600
1,589,160
  91

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
DBS Group Holdings Ltd.
1,040,493
26,841,638
Genting Singapore Ltd.
3,584,500
2,535,408
Grab Holdings Ltd., Class A *
1,098,059
4,205,566
Jardine Cycle & Carriage Ltd.
56,500
1,458,255
Keppel Corp., Ltd.
839,100
4,659,719
Mapletree Logistics Trust
1,969,328
2,503,575
Mapletree Pan Asia Commercial Trust
1,281,700
1,591,901
Oversea-Chinese Banking Corp., Ltd.
1,952,401
19,539,143
Sea Ltd., ADR *
210,186
13,981,573
Seatrium Ltd. *
23,254,925
2,464,681
Singapore Airlines Ltd.
772,550
4,376,513
Singapore Exchange Ltd.
492,100
3,597,148
Singapore Technologies Engineering Ltd.
910,449
2,556,089
Singapore Telecommunications Ltd.
4,725,137
9,478,932
United Overseas Bank Ltd.
724,433
16,432,663
UOL Group Ltd.
279,772
1,480,323
Venture Corp., Ltd.
149,300
1,683,196
Wilmar International Ltd.
1,132,834
3,291,713
 
136,869,528
 
Spain 2.6%
Acciona S.A.
14,491
2,172,183
ACS, Actividades de Construccion y
Servicios S.A.
131,306
4,592,918
Aena SME S.A.
43,138
6,888,800
Amadeus IT Group S.A.
260,085
18,657,481
Banco Bilbao Vizcaya Argentaria S.A.
3,466,054
27,473,241
Banco Santander S.A.
9,436,471
38,239,234
CaixaBank S.A.
2,360,687
9,549,452
Cellnex Telecom S.A. *
325,037
13,274,211
Corp. ACCIONA Energias Renovables
S.A.
35,430
1,115,186
Enagas S.A.
138,842
2,463,963
Endesa S.A.
182,323
3,907,701
Ferrovial SE
297,403
9,855,621
Grifols S.A. *
175,176
2,573,389
Iberdrola S.A.
3,440,441
42,941,973
Industria de Diseno Textil S.A.
627,183
24,007,197
Naturgy Energy Group S.A.
71,565
2,182,068
Redeia Corp S.A.
225,900
3,778,327
Repsol S.A.
793,398
12,113,141
Telefonica S.A.
2,989,398
12,737,116
 
238,523,202
 
Sweden 3.2%
Alfa Laval AB
164,771
6,167,959
Assa Abloy AB, B Shares
580,637
13,960,188
Atlas Copco AB, A Shares
1,541,877
21,903,727
Atlas Copco AB, B Shares
910,908
11,248,727
Beijer Ref AB
224,740
3,056,131
Boliden AB *
157,514
4,632,367
Embracer Group AB *
488,634
1,402,523
Epiroc AB, A Shares
374,814
7,483,397
Epiroc AB, B Shares
222,125
3,773,698
EQT AB
205,227
4,902,275
Essity AB, B Shares
348,686
8,646,116
Evolution AB
105,477
13,006,642
Fastighets AB Balder, B Shares *
390,226
1,820,978
Getinge AB, B Shares
132,461
2,468,149
H & M Hennes & Mauritz AB, B Shares
379,828
6,388,618
Hexagon AB, B Shares
1,195,129
11,587,740
Holmen AB, B Shares
56,007
2,157,430
Husqvarna AB, B Shares
233,228
2,287,631
Industrivarden AB, A Shares
76,780
2,180,318
Industrivarden AB, C Shares
84,874
2,404,546
Indutrade AB
157,296
3,301,067
Investment AB Latour, B Shares
81,680
1,645,984
SECURITY
NUMBER
OF SHARES
VALUE ($)
Investor AB, A Shares
257,136
5,222,021
Investor AB, B Shares
987,936
20,177,592
Kinnevik AB, B Shares *
149,593
2,041,750
L E Lundbergfortagen AB, B Shares
40,960
1,805,083
Lifco AB, B Shares
134,806
2,717,938
Nibe Industrier AB, B Shares
879,431
7,921,704
Nordea Bank Abp
1,873,305
21,202,694
Saab AB, B Shares
47,213
2,488,555
Sagax AB, B Shares
111,773
2,481,993
Sandvik AB
623,184
12,658,440
Securitas AB, B Shares
275,103
2,341,614
Skandinaviska Enskilda Banken AB,
A Shares
920,183
11,154,670
Skanska AB, B Shares
191,665
3,056,939
SKF AB, B Shares
191,314
3,644,996
Svenska Cellulosa AB, S.C.A., B Shares
348,531
4,631,094
Svenska Handelsbanken AB, A Shares
846,869
7,435,474
Swedbank AB, A Shares
492,278
9,029,210
Swedish Orphan Biovitrum AB *
102,781
2,011,740
Tele2 AB, B Shares
297,520
2,238,705
Telefonaktiebolaget LM Ericsson,
B Shares
1,703,229
8,568,049
Telia Co. AB
1,393,740
2,995,121
Volvo AB, A Shares
115,008
2,607,916
Volvo AB, B Shares
864,499
19,069,651
Volvo Car AB, B Shares *
364,438
1,801,417
 
295,730,577
 
Switzerland 10.0%
ABB Ltd.
905,646
36,341,324
Adecco Group AG
93,780
3,821,941
Alcon, Inc.
288,282
24,530,382
Bachem Holding AG
19,156
1,769,461
Baloise Holding AG
25,749
3,985,657
Banque Cantonale Vaudoise
18,461
2,072,088
Barry Callebaut AG
2,026
3,798,749
BKW AG
12,091
2,163,615
Chocoladefabriken Lindt & Spruengli AG
61
7,413,659
Chocoladefabriken Lindt & Spruengli AG,
Participation Certificates
586
7,166,915
Cie Financiere Richemont S.A., Class A
300,686
48,420,309
Clariant AG *
117,758
1,929,603
Dufry AG *
56,019
2,894,415
EMS-Chemie Holding AG
4,090
3,413,718
Geberit AG
19,723
11,192,841
Givaudan S.A.
5,345
18,041,889
Helvetia Holding AG
21,139
3,128,213
Holcim Ltd. *
316,769
22,077,822
Julius Baer Group Ltd.
123,932
8,777,798
Kuehne & Nagel International AG
31,049
9,715,106
Logitech International S.A.
95,375
6,742,911
Lonza Group AG
42,770
24,850,906
Nestle S.A.
1,582,236
193,854,174
Novartis AG
1,178,862
123,423,472
Partners Group Holding AG
13,056
14,657,105
Roche Holding AG
404,244
125,336,394
Roche Holding AG, Bearer Shares
18,510
6,137,380
Schindler Holding AG
13,813
3,202,704
Schindler Holding AG, Participation
Certificates
22,667
5,503,925
SGS S.A.
85,189
8,271,427
SIG Group AG *
177,219
4,737,714
Sika AG
84,074
26,166,980
Sonova Holding AG
29,523
8,229,389
Straumann Holding AG
64,388
10,654,469
Swiss Life Holding AG
17,494
11,123,631
Swiss Prime Site AG
46,404
4,492,342
Swiss Re AG
172,963
18,046,837
92  

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Swisscom AG
14,744
9,481,211
Temenos AG
36,069
3,102,034
The Swatch Group AG
32,310
1,940,304
The Swatch Group AG, Bearer Shares
16,363
5,236,822
UBS Group AG
1,905,861
42,288,906
VAT Group AG
15,740
6,690,239
Zurich Insurance Group AG
87,026
42,076,940
 
928,903,721
 
United Kingdom 14.6%
3i Group plc
559,140
14,186,029
abrdn plc
1,139,901
3,392,309
Admiral Group plc
121,256
3,310,653
Anglo American plc
732,107
22,513,589
Antofagasta plc
227,326
4,889,727
Ashtead Group plc
253,401
18,747,566
Associated British Foods plc
203,809
5,363,642
AstraZeneca plc
892,410
128,218,076
Auto Trader Group plc
517,432
4,291,359
Aviva plc
1,649,819
8,219,665
BAE Systems plc
1,758,420
21,029,023
Barclays plc
8,902,699
17,665,724
Barratt Developments plc
580,503
3,398,036
Berkeley Group Holdings plc
60,498
3,373,229
BP plc
10,154,261
63,001,583
British American Tobacco plc
1,221,543
41,078,171
BT Group plc
3,948,690
6,187,538
Bunzl plc
196,777
7,294,113
Burberry Group plc
217,056
6,195,914
Centrica plc
3,249,571
5,758,728
Coca-Cola HBC AG *
125,038
3,678,984
Compass Group plc
1,002,120
26,072,785
Croda International plc
80,573
6,100,437
DCC plc
57,207
3,312,212
Diageo plc
1,299,738
56,723,502
Endeavour Mining plc
107,758
2,596,546
Entain plc
372,333
6,631,797
Experian plc
530,395
20,497,414
Glencore plc
6,149,639
37,398,622
GSK plc
2,357,230
41,961,408
Haleon plc
2,927,551
12,636,544
Halma plc
216,741
6,224,341
Hargreaves Lansdown plc
203,101
2,222,168
Hikma Pharmaceuticals plc
97,735
2,624,659
HSBC Holdings plc
11,481,165
95,367,293
Imperial Brands plc
507,611
11,992,531
Informa plc
800,447
7,788,244
InterContinental Hotels Group plc
99,561
7,358,274
Intertek Group plc
91,080
5,102,160
J Sainsbury plc
977,286
3,479,611
J.D. Sports Fashion plc
1,505,650
3,049,893
Johnson Matthey plc
102,778
2,376,982
Kingfisher plc
1,143,268
3,605,146
Land Securities Group plc
400,895
3,329,348
Legal & General Group plc
3,396,403
10,178,561
Lloyds Banking Group plc
38,551,115
22,272,800
London Stock Exchange Group plc
231,202
25,107,323
M&G plc
1,241,568
3,198,154
Mondi plc
279,204
4,897,403
National Grid plc
2,129,012
28,219,656
NatWest Group plc
3,307,030
10,380,893
Next plc
70,500
6,376,076
NMC Health plc *(a)
48,950
0
Ocado Group plc *
341,307
4,108,847
Pearson plc
374,986
4,147,927
Persimmon plc
186,830
2,777,588
Phoenix Group Holdings plc
435,917
3,079,805
SECURITY
NUMBER
OF SHARES
VALUE ($)
Prudential plc
1,587,228
22,040,763
Reckitt Benckiser Group plc
413,296
30,960,850
RELX plc
1,090,917
36,716,673
Rentokil Initial plc
1,450,636
11,828,716
Rio Tinto plc
649,363
42,921,412
Rolls-Royce Holdings plc *
4,776,511
11,325,762
Schroders plc
450,998
2,660,795
Segro plc
695,312
6,813,747
Severn Trent plc
145,263
4,760,829
Shell plc
3,933,697
119,221,514
Smith & Nephew plc
502,398
7,642,980
Smiths Group plc
210,953
4,600,810
Spirax-Sarco Engineering plc
42,149
6,019,709
SSE plc
624,561
13,504,965
St. James's Place plc
307,748
3,714,863
Standard Chartered plc
1,383,951
13,293,605
Taylor Wimpey plc
1,954,959
2,869,604
Tesco plc
4,202,313
13,918,358
The British Land Co., plc
522,634
2,267,813
The Sage Group plc
588,710
7,081,343
Unilever plc
1,453,487
78,100,065
United Utilities Group plc
390,635
5,009,325
Vodafone Group plc
13,216,511
12,572,334
Whitbread plc
121,897
5,475,747
Wise plc, Class A *
360,379
3,594,374
WPP plc
616,518
6,731,593
 
1,360,639,157
Total Common Stocks
(Cost $6,831,088,410)
9,181,528,929
PREFERRED STOCKS 0.5% OF NET ASSETS
 
Germany 0.5%
Bayerische Motoren Werke AG
34,744
3,903,525
Dr Ing hc F Porsche AG
64,955
7,942,870
Henkel AG & Co. KGaA
97,150
7,496,709
Porsche Automobil Holding SE
87,557
5,166,379
Sartorius AG
14,970
6,176,313
Volkswagen AG
118,390
15,683,783
 
46,369,579
Total Preferred Stocks
(Cost $43,221,859)
46,369,579
Total Investments in Securities
(Cost $6,874,310,269)
9,227,898,508
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
MSCI EAFE Index, expires
09/15/23
526
58,012,540
808,823
*
Non-income producing security.
(a)
Fair valued using significant unobservable inputs (see Notes for additional
information).
ADR —
American Depositary Receipt
CVA —
Dutch Certificate
GDR —
Global Depositary Receipt
REIT —
Real Estate Investment Trust

  93

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of July 31, 2023:
DESCRIPTION
QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets
Common Stocks1
$
$4,582,937,988
$
$4,582,937,988
Hong Kong
2,048,004
228,984,008
231,032,012
Ireland
77,901,441
77,901,441
Israel
21,490,038
38,380,144
59,870,182
Japan
1,893,368
2,066,585,963
2,068,479,331
Netherlands
26,814,035
398,462,053
425,276,088
Singapore
18,187,139
118,682,389
136,869,528
Spain
9,855,621
228,667,581
238,523,202
United Kingdom
1,360,639,157
0
*
1,360,639,157
Preferred Stocks1
46,369,579
46,369,579
Futures Contracts2
808,823
808,823
Total
$158,998,469
$9,069,708,862
$—
$9,228,707,331
*
Level 3 amount shown includes securities determined to have no value at July 31, 2023.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
94  

Schwab Equity Index Funds
Notes to Portfolio Holdings (Unaudited)
Pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended (the 1940 Act), the Board of Trustees (the Board) has designated authority to a Valuation Designee, the funds’ investment adviser, to make fair valuation determinations under adopted procedures, subject to Board oversight. The investment adviser has formed a Pricing Committee to administer the pricing and valuation of portfolio securities and other assets and liabilities as well as to ensure that prices used for internal purposes or provided by third parties reasonably reflect fair value. The Valuation Designee may utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.
Securities held in the funds’ portfolio are valued every business day. The following valuation policies and procedures are used by the Valuation Designee to value various types of securities:
• Securities traded on an exchange or over-the-counter: Traded securities are valued at the closing value for the day, or, on days when no closing value has been reported, at the mean of the most recent bid and ask quotes. Securities that are primarily traded on foreign exchanges are valued at the official closing price or the last sales price on the exchange where the securities are principally traded with these values then translated into U.S. dollars at the current exchange rate, unless these securities are fair valued as discussed below.
• Foreign equity security fair valuation: The Valuation Designee has adopted procedures to fair value foreign equity securities that are traded in markets that close prior to the valuation of a fund’s holdings. By fair valuing securities whose prices may have been affected by events occurring after the close of trading, the Valuation Designee seeks to establish prices that investors might expect to realize upon the current sales of these securities. This methodology is designed to deter “arbitrage” market timers, who seek to exploit delays between the change in the value of a fund’s portfolio holdings and the net asset value (NAV) of a fund’s shares and seeks to help ensure that the prices at which a fund’s shares are purchased and redeemed are fair and do not result in dilution of shareholder interest or other harm to shareholders. When fair value pricing is used at the open or close of a reporting period, it may cause a temporary divergence between the return of a fund and that of its comparative index or benchmark.
• Futures contracts: Futures contracts are valued at their settlement prices as of the close of their exchanges.
• Mutual funds: Mutual funds are valued at their respective NAVs.
• Securities for which no quoted value is available: The Valuation Designee has adopted procedures to fair value a fund’s securities when market prices are not “readily available” or are unreliable. For example, a security may be fair valued when it’s de-listed or its trading is halted or suspended; when a security’s primary pricing source is unable or unwilling to provide a price; or when a security’s primary trading market is closed during regular market hours. Fair value determinations are made in good faith in accordance with adopted valuation procedures. The Valuation Designee considers a number of factors, including unobservable market inputs, when arriving at fair value. The Valuation Designee may employ methods such as the review of related or comparable assets or liabilities, related market activities, recent transactions, market multiples, book values, transactional back-testing, disposition analysis and other relevant information. Due to the subjective and variable nature of fair value pricing, there can be no assurance that a fund could obtain the fair value assigned to the security upon the sale of such security.
In accordance with the authoritative guidance on fair value measurements and disclosures under generally accepted accounting principles in the United States of America (GAAP), the funds disclose the fair value of their investments in a hierarchy that prioritizes the significant inputs to valuation methods used to measure the fair value. The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 measurements). If inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the valuation. If it is determined that either the volume and/or level of activity for an asset or liability has significantly decreased (from normal conditions for that asset or liability) or price quotations or observable inputs are not associated with orderly transactions, increased analysis and the Valuation Designee’s judgment will be required to estimate fair value.
The three levels of the fair value hierarchy are as follows:
• Level 1 — quoted prices in active markets for identical investments — Investments whose values are based on quoted market prices in active markets. These generally include active listed equities, mutual funds, exchange-traded funds (ETFs) and futures contracts. Mutual funds and ETFs are classified as Level 1 prices, without consideration to the classification level of the underlying securities held.
• Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) — Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain mortgage products, less liquid listed equities, and state, municipal and provincial obligations. In addition, international securities whose markets close hours before the valuation of a fund’s holdings
  95

Schwab Equity Index Funds
Notes to Portfolio Holdings (Unaudited) (continued)
may require fair valuations due to significant movement in the U.S. markets occurring after the daily close of foreign markets. The Valuation Designee has approved a vendor that calculates fair valuations of international equity securities based on a number of factors that appear to correlate to the movements in the U.S. markets.
• Level 3 — significant unobservable inputs (including the Valuation Designee’s assumptions in determining the fair value of investments) — Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not readily available for these securities, one or more valuation methods are used for which sufficient and reliable data is available. The inputs used in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated in the absence of market information. Assumptions used due to the lack of observable inputs may significantly impact the resulting fair value and therefore a fund’s results of operations.
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
REG87637JUL23
96