NPORT-EX 2 NPORT_2M40_63801156_0124.htm EDGAR HTML
Schwab Capital Trust
Schwab S&P 500 Index Fund
Portfolio Holdings as of January 31, 2024 (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 1.6%
Aptiv PLC *
570,414
46,391,771
BorgWarner, Inc.
481,064
16,308,070
Ford Motor Co.
7,954,713
93,229,236
General Motors Co.
2,774,480
107,649,824
Tesla, Inc. *
5,592,998
1,047,512,595
 
1,311,091,496
 
Banks 3.3%
Bank of America Corp.
13,923,431
473,535,888
Citigroup, Inc.
3,870,444
217,402,840
Citizens Financial Group, Inc.
941,391
30,783,486
Comerica, Inc.
268,228
14,103,428
Fifth Third Bancorp
1,375,357
47,092,224
Huntington Bancshares, Inc.
2,920,262
37,174,935
JPMorgan Chase & Co.
5,846,487
1,019,393,473
KeyCorp
1,881,809
27,342,685
M&T Bank Corp.
336,679
46,495,371
PNC Financial Services Group, Inc.
806,907
122,012,407
Regions Financial Corp.
1,883,461
35,164,217
Truist Financial Corp.
2,690,572
99,712,598
U.S. Bancorp
3,150,983
130,891,834
Wells Fargo & Co.
7,344,267
368,535,318
Zions Bancorp NA
300,973
12,610,769
 
2,682,251,473
 
Capital Goods 5.6%
3M Co.
1,118,642
105,543,873
A O Smith Corp.
246,276
19,113,480
Allegion PLC
176,202
21,829,666
AMETEK, Inc.
467,755
75,799,698
Axon Enterprise, Inc. *
142,474
35,484,575
Boeing Co. *
1,150,039
242,704,231
Builders FirstSource, Inc. *
250,800
43,571,484
Carrier Global Corp.
1,696,682
92,825,472
Caterpillar, Inc.
1,031,662
309,818,415
Cummins, Inc.
285,884
68,412,041
Deere & Co.
541,655
213,184,575
Dover Corp.
281,630
42,182,541
Eaton Corp. PLC
807,505
198,710,830
Emerson Electric Co.
1,150,854
105,567,837
Fastenal Co.
1,156,094
78,880,294
Fortive Corp.
709,107
55,437,985
Generac Holdings, Inc. *
123,420
14,029,151
General Dynamics Corp.
457,618
121,264,194
General Electric Co.
2,201,044
291,462,247
Honeywell International, Inc.
1,333,204
269,653,841
Howmet Aerospace, Inc.
790,839
44,492,602
Hubbell, Inc., Class B
108,791
36,506,996
Huntington Ingalls Industries, Inc.
79,892
20,685,637
IDEX Corp.
153,828
32,534,622
SECURITY
NUMBER
OF SHARES
VALUE ($)
Illinois Tool Works, Inc.
553,981
144,533,643
Ingersoll Rand, Inc.
819,969
65,482,724
Johnson Controls International PLC
1,379,994
72,711,884
L3Harris Technologies, Inc.
382,675
79,757,124
Lockheed Martin Corp.
446,540
191,748,741
Masco Corp.
453,280
30,501,211
Nordson Corp.
108,799
27,386,884
Northrop Grumman Corp.
287,080
128,255,861
Otis Worldwide Corp.
827,530
73,186,753
PACCAR, Inc.
1,059,506
106,363,807
Parker-Hannifin Corp.
260,227
120,875,442
Pentair PLC
334,576
24,480,926
Quanta Services, Inc.
294,140
57,077,867
Rockwell Automation, Inc.
232,354
58,850,621
RTX Corp.
2,907,868
264,964,932
Snap-on, Inc.
106,167
30,780,998
Stanley Black & Decker, Inc.
311,949
29,104,842
Textron, Inc.
393,806
33,359,306
Trane Technologies PLC
461,521
116,326,368
TransDigm Group, Inc.
112,025
122,407,477
United Rentals, Inc.
137,046
85,708,568
Westinghouse Air Brake
Technologies Corp.
363,624
47,842,010
WW Grainger, Inc.
89,392
80,063,051
Xylem, Inc.
485,881
54,632,460
 
4,586,099,787
 
Commercial & Professional Services 1.3%
Automatic Data Processing, Inc.
831,782
204,435,380
Broadridge Financial Solutions, Inc.
238,016
48,602,867
Ceridian HCM Holding, Inc. *
315,543
21,936,549
Cintas Corp.
174,805
105,681,859
Copart, Inc. *
1,768,752
84,970,846
Equifax, Inc.
249,927
61,067,163
Jacobs Solutions, Inc.
254,895
34,352,199
Leidos Holdings, Inc.
277,420
30,646,587
Paychex, Inc.
648,594
78,953,348
Paycom Software, Inc.
99,582
18,944,480
Republic Services, Inc., Class A
412,984
70,669,822
Robert Half, Inc.
213,957
17,018,140
Rollins, Inc.
564,347
24,441,868
Veralto Corp.
443,252
33,992,996
Verisk Analytics, Inc., Class A
293,137
70,801,380
Waste Management, Inc.
741,663
137,674,903
 
1,044,190,387
 
Consumer Discretionary Distribution & Retail 5.7%
Amazon.com, Inc. *
18,390,694
2,854,235,709
AutoZone, Inc. *
35,724
98,674,332
Bath & Body Works, Inc.
463,850
19,787,841
Best Buy Co., Inc.
390,735
28,324,380
CarMax, Inc. *
320,428
22,808,065
eBay, Inc.
1,047,967
43,040,005
Etsy, Inc. *
239,938
15,970,273
  1

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Genuine Parts Co.
281,964
39,539,812
Home Depot, Inc.
2,022,434
713,838,305
LKQ Corp.
542,911
25,337,656
Lowe's Cos., Inc.
1,167,100
248,405,564
O'Reilly Automotive, Inc. *
119,472
122,225,830
Pool Corp.
78,332
29,080,755
Ross Stores, Inc.
686,143
96,252,140
TJX Cos., Inc.
2,313,676
219,590,989
Tractor Supply Co.
219,399
49,277,015
Ulta Beauty, Inc. *
99,174
49,790,307
 
4,676,178,978
 
Consumer Durables & Apparel 0.9%
DR Horton, Inc.
609,449
87,096,357
Garmin Ltd.
310,147
37,059,465
Hasbro, Inc.
264,833
12,963,575
Lennar Corp., Class A
505,883
75,806,567
Lululemon Athletica, Inc. *
232,438
105,485,013
Mohawk Industries, Inc. *
105,752
11,024,646
NIKE, Inc., Class B
2,475,322
251,319,443
NVR, Inc. *
6,431
45,501,190
PulteGroup, Inc.
437,655
45,761,207
Ralph Lauren Corp., Class A
81,400
11,694,738
Tapestry, Inc.
468,179
18,160,663
VF Corp.
655,623
10,791,555
Whirlpool Corp.
111,677
12,230,865
 
724,895,284
 
Consumer Services 2.1%
Airbnb, Inc., Class A *
879,185
126,725,726
Booking Holdings, Inc. *
70,558
247,480,068
Caesars Entertainment, Inc. *
438,938
19,256,210
Carnival Corp. *
2,028,467
33,631,983
Chipotle Mexican Grill, Inc., Class A *
55,546
133,797,538
Darden Restaurants, Inc.
242,912
39,492,633
Domino's Pizza, Inc.
70,344
29,982,020
Expedia Group, Inc. *
269,173
39,926,431
Hilton Worldwide Holdings, Inc.
518,599
99,031,665
Las Vegas Sands Corp.
745,023
36,446,525
Marriott International, Inc., Class A
499,978
119,859,726
McDonald's Corp.
1,466,859
429,378,967
MGM Resorts International *
546,099
23,684,314
Norwegian Cruise Line Holdings
Ltd. *
867,904
15,448,691
Royal Caribbean Cruises Ltd. *
475,580
60,636,450
Starbucks Corp.
2,310,681
214,962,654
Wynn Resorts Ltd.
195,054
18,418,949
Yum! Brands, Inc.
565,772
73,261,816
 
1,761,422,366
 
Consumer Staples Distribution & Retail 1.8%
Costco Wholesale Corp.
895,355
622,164,282
Dollar General Corp.
444,745
58,737,472
Dollar Tree, Inc. *
422,195
55,147,111
Kroger Co.
1,342,080
61,923,571
Sysco Corp.
1,017,628
82,356,634
Target Corp.
934,211
129,930,066
Walgreens Boots Alliance, Inc.
1,441,095
32,525,514
Walmart, Inc.
2,884,870
476,724,768
 
1,519,509,418
 
Energy 3.8%
APA Corp.
613,463
19,219,796
Baker Hughes Co., Class A
2,026,722
57,761,577
Chevron Corp.
3,550,364
523,430,164
SECURITY
NUMBER
OF SHARES
VALUE ($)
ConocoPhillips
2,401,296
268,632,983
Coterra Energy, Inc.
1,520,891
37,839,768
Devon Energy Corp.
1,300,070
54,628,941
Diamondback Energy, Inc.
362,388
55,713,531
EOG Resources, Inc.
1,180,182
134,292,910
EQT Corp.
832,062
29,454,995
Exxon Mobil Corp.
8,100,680
832,830,911
Halliburton Co.
1,810,911
64,558,977
Hess Corp.
557,703
78,374,003
Kinder Morgan, Inc.
3,925,678
66,422,472
Marathon Oil Corp.
1,183,159
27,035,183
Marathon Petroleum Corp.
769,133
127,368,425
Occidental Petroleum Corp.
1,338,257
77,043,455
ONEOK, Inc.
1,179,564
80,505,243
Phillips 66
888,244
128,182,492
Pioneer Natural Resources Co.
471,265
108,310,835
Schlumberger NV
2,889,930
140,739,591
Targa Resources Corp.
449,402
38,181,194
Valero Energy Corp.
686,838
95,401,798
Williams Cos., Inc.
2,456,500
85,142,290
 
3,131,071,534
 
Equity Real Estate Investment Trusts (REITs) 2.2%
Alexandria Real Estate Equities, Inc.
315,755
38,174,780
American Tower Corp.
942,726
184,444,342
AvalonBay Communities, Inc.
287,677
51,497,060
Boston Properties, Inc.
292,950
19,481,175
Camden Property Trust
217,181
20,380,265
Crown Castle, Inc.
877,678
95,008,644
Digital Realty Trust, Inc.
611,000
85,821,060
Equinix, Inc.
189,916
157,586,599
Equity Residential
694,585
41,807,071
Essex Property Trust, Inc.
130,067
30,340,729
Extra Space Storage, Inc.
426,413
61,591,094
Federal Realty Investment Trust
148,862
15,143,731
Healthpeak Properties, Inc.
1,111,618
20,564,933
Host Hotels & Resorts, Inc.
1,418,041
27,254,748
Invitation Homes, Inc.
1,166,812
38,423,119
Iron Mountain, Inc.
591,481
39,936,797
Kimco Realty Corp.
1,353,619
27,343,104
Mid-America Apartment
Communities, Inc.
235,726
29,791,052
Prologis, Inc.
1,868,547
236,726,219
Public Storage
320,034
90,630,429
Realty Income Corp.
1,685,106
91,652,915
Regency Centers Corp.
328,643
20,596,057
SBA Communications Corp., Class A
218,334
48,876,249
Simon Property Group, Inc.
659,169
91,367,415
UDR, Inc.
613,404
22,094,812
Ventas, Inc.
815,306
37,822,045
VICI Properties, Inc., Class A
2,096,005
63,131,671
Welltower, Inc.
1,117,542
96,678,558
Weyerhaeuser Co.
1,480,490
48,515,657
 
1,832,682,330
 
Financial Services 7.7%
American Express Co.
1,164,257
233,712,950
Ameriprise Financial, Inc.
204,602
79,146,192
Bank of New York Mellon Corp.
1,554,143
86,192,771
Berkshire Hathaway, Inc., Class B *
3,679,459
1,411,955,597
BlackRock, Inc.
282,791
218,967,899
Blackstone, Inc.
1,436,935
178,826,561
Capital One Financial Corp.
771,505
104,400,057
Cboe Global Markets, Inc.
214,432
39,423,323
Charles Schwab Corp. (a)
2,990,646
188,171,446
CME Group, Inc.
728,278
149,908,744
Discover Financial Services
504,254
53,208,882
2  

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
FactSet Research Systems, Inc.
76,784
36,543,041
Fidelity National Information
Services, Inc.
1,195,831
74,452,438
Fiserv, Inc. *
1,213,843
172,207,906
FleetCor Technologies, Inc. *
145,956
42,317,023
Franklin Resources, Inc.
564,886
15,042,914
Global Payments, Inc.
525,441
70,004,504
Goldman Sachs Group, Inc.
659,496
253,253,059
Intercontinental Exchange, Inc.
1,157,935
147,439,864
Invesco Ltd.
917,675
14,526,795
Jack Henry & Associates, Inc.
148,614
24,644,660
MarketAxess Holdings, Inc.
77,365
17,446,581
Mastercard, Inc., Class A
1,674,646
752,301,223
Moody's Corp.
317,778
124,581,687
Morgan Stanley
2,555,804
222,968,341
MSCI, Inc., Class A
159,811
95,666,061
Nasdaq, Inc.
686,469
39,657,314
Northern Trust Corp.
417,203
33,226,047
PayPal Holdings, Inc. *
2,181,524
133,836,497
Raymond James Financial, Inc.
378,594
41,713,487
S&P Global, Inc.
655,225
293,770,129
State Street Corp.
621,860
45,936,798
Synchrony Financial
836,381
32,510,130
T Rowe Price Group, Inc.
453,114
49,140,213
Visa, Inc., Class A
3,223,547
880,866,453
 
6,357,967,587
 
Food, Beverage & Tobacco 2.8%
Altria Group, Inc.
3,578,280
143,560,594
Archer-Daniels-Midland Co.
1,076,055
59,807,137
Brown-Forman Corp., Class B
371,365
20,387,938
Bunge Global SA
293,427
25,847,984
Campbell Soup Co.
394,808
17,620,281
Coca-Cola Co.
7,868,918
468,121,932
Conagra Brands, Inc.
962,610
28,060,081
Constellation Brands, Inc., Class A
327,334
80,223,017
General Mills, Inc.
1,175,001
76,269,315
Hershey Co.
302,828
58,609,331
Hormel Foods Corp.
590,270
17,926,500
J M Smucker Co.
213,875
28,135,256
Kellanova
538,508
29,488,698
Keurig Dr Pepper, Inc.
2,037,582
64,061,578
Kraft Heinz Co.
1,611,466
59,833,733
Lamb Weston Holdings, Inc.
292,083
29,920,983
McCormick & Co., Inc. - Non Voting
Shares
510,971
34,827,783
Molson Coors Beverage Co., Class B
376,045
23,235,821
Mondelez International, Inc., Class A
2,751,174
207,080,867
Monster Beverage Corp. *
1,491,248
82,048,465
PepsiCo, Inc.
2,780,388
468,578,790
Philip Morris International, Inc.
3,139,431
285,217,306
Tyson Foods, Inc., Class A
575,108
31,492,914
 
2,340,356,304
 
Health Care Equipment & Services 5.4%
Abbott Laboratories
3,509,415
397,090,307
Align Technology, Inc. *
144,519
38,632,819
Baxter International, Inc.
1,029,927
39,847,876
Becton Dickinson & Co.
587,018
140,185,769
Boston Scientific Corp. *
2,961,099
187,319,123
Cardinal Health, Inc.
497,211
54,290,469
Cencora, Inc.
336,322
78,255,403
Centene Corp. *
1,079,524
81,298,952
Cigna Group
591,766
178,091,978
Cooper Cos., Inc.
99,722
37,199,298
CVS Health Corp.
2,597,441
193,171,687
DaVita, Inc. *
107,976
11,678,684
SECURITY
NUMBER
OF SHARES
VALUE ($)
DENTSPLY SIRONA, Inc.
429,479
14,924,395
Dexcom, Inc. *
782,171
94,916,451
Edwards Lifesciences Corp. *
1,225,352
96,153,371
Elevance Health, Inc.
475,158
234,461,964
GE HealthCare Technologies, Inc.
793,045
58,177,781
HCA Healthcare, Inc.
401,018
122,270,388
Henry Schein, Inc. *
263,518
19,721,687
Hologic, Inc. *
495,875
36,912,935
Humana, Inc.
248,974
94,127,110
IDEXX Laboratories, Inc. *
167,881
86,472,145
Insulet Corp. *
140,434
26,804,638
Intuitive Surgical, Inc. *
711,995
269,290,749
Laboratory Corp. of America
Holdings
172,753
38,402,992
McKesson Corp.
269,287
134,613,878
Medtronic PLC
2,690,740
235,547,380
Molina Healthcare, Inc. *
118,049
42,077,386
Quest Diagnostics, Inc.
227,382
29,202,670
ResMed, Inc.
297,257
56,538,281
STERIS PLC
200,546
43,909,547
Stryker Corp.
683,753
229,385,456
Teleflex, Inc.
94,291
22,896,684
UnitedHealth Group, Inc.
1,870,476
957,197,388
Universal Health Services, Inc.,
Class B
122,797
19,501,392
Zimmer Biomet Holdings, Inc.
422,401
53,053,566
 
4,453,622,599
 
Household & Personal Products 1.4%
Church & Dwight Co., Inc.
499,672
49,892,249
Clorox Co.
249,459
36,233,920
Colgate-Palmolive Co.
1,666,210
140,294,882
Estee Lauder Cos., Inc., Class A
468,799
61,876,780
Kenvue, Inc.
3,490,675
72,466,413
Kimberly-Clark Corp.
684,201
82,767,795
Procter & Gamble Co.
4,766,332
748,981,410
 
1,192,513,449
 
Insurance 2.1%
Aflac, Inc.
1,075,940
90,744,780
Allstate Corp.
528,987
82,125,232
American International Group, Inc.
1,419,736
98,685,849
Aon PLC, Class A
405,499
121,013,066
Arch Capital Group Ltd. *
755,640
62,287,405
Arthur J Gallagher & Co.
435,944
101,208,759
Assurant, Inc.
105,406
17,702,938
Brown & Brown, Inc.
476,074
36,924,299
Chubb Ltd.
825,066
202,141,170
Cincinnati Financial Corp.
315,754
34,985,543
Everest Group Ltd.
87,939
33,853,877
Globe Life, Inc.
174,527
21,435,406
Hartford Financial Services Group,
Inc.
609,280
52,982,989
Loews Corp.
372,693
27,154,412
Marsh & McLennan Cos., Inc.
997,140
193,285,618
MetLife, Inc.
1,260,277
87,362,402
Principal Financial Group, Inc.
441,735
34,941,238
Progressive Corp.
1,183,129
210,892,744
Prudential Financial, Inc.
728,290
76,419,470
Travelers Cos., Inc.
462,703
97,796,906
W R Berkley Corp.
410,372
33,601,259
Willis Towers Watson PLC
208,179
51,274,488
 
1,768,819,850
 
  3

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Materials 2.3%
Air Products & Chemicals, Inc.
449,898
115,043,418
Albemarle Corp.
235,846
27,060,970
Amcor PLC
2,927,614
27,607,400
Avery Dennison Corp.
163,574
32,624,834
Ball Corp.
634,264
35,169,939
Celanese Corp., Class A
203,297
29,740,318
CF Industries Holdings, Inc.
386,203
29,162,189
Corteva, Inc.
1,428,329
64,960,403
Dow, Inc.
1,418,435
76,028,116
DuPont de Nemours, Inc.
868,103
53,648,765
Eastman Chemical Co.
240,069
20,057,765
Ecolab, Inc.
512,428
101,573,478
FMC Corp.
252,326
14,180,721
Freeport-McMoRan, Inc.
2,895,696
114,930,174
International Flavors & Fragrances,
Inc.
515,156
41,562,786
International Paper Co.
692,752
24,821,304
Linde PLC
980,593
396,973,464
LyondellBasell Industries NV, Class A
520,307
48,971,295
Martin Marietta Materials, Inc.
124,983
63,543,857
Mosaic Co.
662,813
20,354,987
Newmont Corp.
2,328,651
80,361,746
Nucor Corp.
495,961
92,709,990
Packaging Corp. of America
181,226
30,061,769
PPG Industries, Inc.
478,420
67,476,357
Sherwin-Williams Co.
476,442
145,019,416
Steel Dynamics, Inc.
309,859
37,396,883
Vulcan Materials Co.
268,226
60,621,758
Westrock Co.
516,026
20,775,207
 
1,872,439,309
 
Media & Entertainment 7.9%
Alphabet, Inc., Class A *
11,967,974
1,676,713,158
Alphabet, Inc., Class C *
10,072,573
1,428,290,851
Charter Communications, Inc.,
Class A *
203,414
75,407,604
Comcast Corp., Class A
8,120,821
377,943,009
Electronic Arts, Inc.
494,448
68,026,156
Fox Corp., Class A
749,250
24,200,775
Interpublic Group of Cos., Inc.
772,061
25,470,292
Live Nation Entertainment, Inc. *
286,016
25,412,522
Match Group, Inc. *
556,488
21,358,010
Meta Platforms, Inc., Class A *
4,488,712
1,751,226,100
Netflix, Inc. *
885,120
499,305,043
News Corp., Class A
1,017,317
25,066,691
Omnicom Group, Inc.
400,448
36,192,490
Paramount Global, Class B
974,236
14,214,103
Take-Two Interactive Software, Inc. *
320,602
52,876,888
Walt Disney Co.
3,700,363
355,419,866
Warner Bros Discovery, Inc. *
4,490,167
44,991,473
 
6,502,115,031
 
Pharmaceuticals, Biotechnology & Life Sciences 7.3%
AbbVie, Inc.
3,570,446
586,981,322
Agilent Technologies, Inc.
591,865
77,001,636
Amgen, Inc.
1,082,291
340,120,770
Biogen, Inc. *
292,422
72,128,811
Bio-Rad Laboratories, Inc., Class A *
41,888
13,441,440
Bio-Techne Corp.
321,997
22,642,829
Bristol-Myers Squibb Co.
4,114,892
201,094,772
Catalent, Inc. *
366,222
18,911,704
Charles River Laboratories
International, Inc. *
102,764
22,225,798
Danaher Corp.
1,329,956
319,069,744
Eli Lilly & Co.
1,612,619
1,041,122,953
SECURITY
NUMBER
OF SHARES
VALUE ($)
Gilead Sciences, Inc.
2,519,871
197,205,104
Illumina, Inc. *
321,337
45,954,404
Incyte Corp. *
377,404
22,180,033
IQVIA Holdings, Inc. *
370,327
77,113,191
Johnson & Johnson
4,868,241
773,563,495
Merck & Co., Inc.
5,124,556
618,943,874
Mettler-Toledo International, Inc. *
43,813
52,452,485
Moderna, Inc. *
669,727
67,675,913
Pfizer, Inc.
11,418,744
309,219,588
Regeneron Pharmaceuticals, Inc. *
216,647
204,250,459
Revvity, Inc.
250,454
26,843,660
Thermo Fisher Scientific, Inc.
781,360
421,137,413
Vertex Pharmaceuticals, Inc. *
521,112
225,839,519
Viatris, Inc.
2,420,892
28,493,899
Waters Corp. *
119,666
38,019,085
West Pharmaceutical Services, Inc.
149,995
55,952,635
Zoetis, Inc.
928,466
174,375,199
 
6,053,961,735
 
Real Estate Management & Development 0.2%
CBRE Group, Inc., Class A *
616,498
53,209,942
CoStar Group, Inc. *
826,243
68,974,766
 
122,184,708
 
Semiconductors & Semiconductor Equipment 8.7%
Advanced Micro Devices, Inc. *
3,267,372
547,905,611
Analog Devices, Inc.
1,007,741
193,849,059
Applied Materials, Inc.
1,691,723
277,950,089
Broadcom, Inc.
887,675
1,047,456,500
Enphase Energy, Inc. *
273,792
28,509,961
First Solar, Inc. *
215,901
31,586,316
Intel Corp.
8,526,019
367,300,899
KLA Corp.
274,895
163,298,626
Lam Research Corp.
266,523
219,926,784
Microchip Technology, Inc.
1,096,122
93,367,672
Micron Technology, Inc.
2,220,555
190,412,591
Monolithic Power Systems, Inc.
96,965
58,442,745
NVIDIA Corp.
4,995,082
3,073,324,102
NXP Semiconductors NV
520,672
109,637,903
ON Semiconductor Corp. *
872,742
62,078,138
Qorvo, Inc. *
195,909
19,539,964
QUALCOMM, Inc.
2,250,820
334,269,278
Skyworks Solutions, Inc.
321,520
33,585,979
Teradyne, Inc.
309,997
29,942,610
Texas Instruments, Inc.
1,836,661
294,086,159
 
7,176,470,986
 
Software & Services 12.4%
Accenture PLC, Class A
1,269,220
461,843,774
Adobe, Inc. *
920,753
568,822,788
Akamai Technologies, Inc. *
304,533
37,527,602
ANSYS, Inc. *
175,790
57,629,236
Autodesk, Inc. *
432,008
109,647,950
Cadence Design Systems, Inc. *
550,257
158,727,134
Cognizant Technology Solutions
Corp., Class A
1,015,631
78,325,463
EPAM Systems, Inc. *
116,280
32,338,631
Fair Isaac Corp. *
49,892
59,812,026
Fortinet, Inc. *
1,288,561
83,099,299
Gartner, Inc. *
158,043
72,295,190
Gen Digital, Inc.
1,133,661
26,618,360
International Business Machines
Corp.
1,846,601
339,146,740
Intuit, Inc.
566,768
357,817,641
Microsoft Corp.
15,030,267
5,975,733,554
Oracle Corp.
3,213,108
358,904,164
4  

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Palo Alto Networks, Inc. *
628,563
212,774,861
PTC, Inc. *
239,051
43,184,563
Roper Technologies, Inc.
216,254
116,128,398
Salesforce, Inc. *
1,967,698
553,100,231
ServiceNow, Inc. *
414,572
317,313,409
Synopsys, Inc. *
307,579
164,047,260
Tyler Technologies, Inc. *
85,091
35,972,220
VeriSign, Inc. *
180,656
35,928,865
 
10,256,739,359
 
Technology Hardware & Equipment 8.3%
Amphenol Corp., Class A
1,208,783
122,207,961
Apple, Inc.
29,565,197
5,451,822,327
Arista Networks, Inc. *
509,053
131,681,830
CDW Corp.
271,067
61,456,310
Cisco Systems, Inc.
8,191,413
411,045,104
Corning, Inc.
1,555,438
50,536,181
F5, Inc. *
121,409
22,302,833
Hewlett Packard Enterprise Co.
2,607,325
39,865,999
HP, Inc.
1,757,335
50,453,088
Jabil, Inc.
258,907
32,438,458
Juniper Networks, Inc.
646,517
23,895,268
Keysight Technologies, Inc. *
358,244
54,904,475
Motorola Solutions, Inc.
335,652
107,240,814
NetApp, Inc.
423,517
36,930,682
Seagate Technology Holdings PLC
391,261
33,523,243
TE Connectivity Ltd.
628,109
89,310,819
Teledyne Technologies, Inc. *
96,027
40,184,419
Trimble, Inc. *
500,835
25,472,468
Western Digital Corp. *
657,348
37,633,173
Zebra Technologies Corp., Class A *
103,412
24,772,345
 
6,847,677,797
 
Telecommunication Services 0.9%
AT&T, Inc.
14,459,489
255,788,360
T-Mobile U.S., Inc.
1,029,068
165,916,634
Verizon Communications, Inc.
8,501,957
360,057,879
 
781,762,873
 
Transportation 1.7%
American Airlines Group, Inc. *
1,312,281
18,673,758
CH Robinson Worldwide, Inc.
233,332
19,620,888
CSX Corp.
3,998,540
142,747,878
Delta Air Lines, Inc.
1,298,473
50,822,233
Expeditors International of
Washington, Inc.
293,900
37,128,387
FedEx Corp.
468,286
112,992,729
JB Hunt Transport Services, Inc.
163,905
32,941,627
Norfolk Southern Corp.
457,120
107,532,909
Old Dominion Freight Line, Inc.
180,991
70,771,101
Southwest Airlines Co.
1,210,274
36,175,090
Uber Technologies, Inc. *
4,161,607
271,628,089
Union Pacific Corp.
1,232,788
300,713,977
SECURITY
NUMBER
OF SHARES
VALUE ($)
United Airlines Holdings, Inc. *
661,335
27,366,042
United Parcel Service, Inc., Class B
1,462,643
207,549,042
 
1,436,663,750
 
Utilities 2.2%
AES Corp.
1,353,667
22,579,166
Alliant Energy Corp.
516,867
25,150,748
Ameren Corp.
534,678
37,197,548
American Electric Power Co., Inc.
1,063,765
83,122,597
American Water Works Co., Inc.
394,077
48,873,430
Atmos Energy Corp.
301,726
34,378,660
CenterPoint Energy, Inc.
1,271,428
35,523,698
CMS Energy Corp.
592,629
33,874,674
Consolidated Edison, Inc.
696,429
63,305,396
Constellation Energy Corp.
645,509
78,752,098
Dominion Energy, Inc.
1,689,674
77,251,895
DTE Energy Co.
417,546
44,017,699
Duke Energy Corp.
1,559,184
149,416,603
Edison International
774,794
52,283,099
Entergy Corp.
427,239
42,621,363
Evergy, Inc.
466,426
23,680,448
Eversource Energy
709,153
38,450,276
Exelon Corp.
2,009,158
69,938,790
FirstEnergy Corp.
1,048,070
38,443,208
NextEra Energy, Inc.
4,149,170
243,265,837
NiSource, Inc.
841,068
21,842,536
NRG Energy, Inc.
454,921
24,129,010
PG&E Corp.
4,314,040
72,777,855
Pinnacle West Capital Corp.
227,593
15,681,158
PPL Corp.
1,496,586
39,210,553
Public Service Enterprise Group, Inc.
1,009,662
58,550,299
Sempra
1,271,075
90,958,127
Southern Co.
2,206,223
153,376,623
WEC Energy Group, Inc.
637,234
51,463,018
Xcel Energy, Inc.
1,115,343
66,775,585
 
1,836,891,997
Total Common Stocks
(Cost $35,346,815,939)
82,269,580,387
Total Investments in Securities
(Cost $35,346,815,939)
82,269,580,387
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 500 Index, e-mini,
expires 03/15/24
1,171
285,167,775
234,440
*
Non-income producing security.
(a)
Issuer is affiliated with the fund’s investment adviser.
Below is a summary of the fund’s transactions with affiliated issuers during the period ended January 31, 2024:
SECURITY
VALUE AT
10/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
1/31/24
BALANCE
OF SHARES
HELD AT
1/31/24
DIVIDENDS
RECEIVED
COMMON STOCKS 0.2% OF NET ASSETS
 
Financial Services 0.2%
Charles Schwab Corp.
$152,666,938
$3,668,413
$
$
$31,836,095
$188,171,446
2,990,646
$733,412

  5

Schwab S&P 500 Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of January 31, 2024 (see notes to portfolio holdings for additional information):
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 Stocks 1
$82,269,580,387
$
$
$82,269,580,387
Futures Contracts 2
234,440
234,440
Total
$82,269,814,827
$—
$—
$82,269,814,827
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 January 31, 2024 (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 1.5%
Aptiv PLC *
93,010
7,564,503
Autoliv, Inc.
24,101
2,581,699
BorgWarner, Inc.
77,100
2,613,690
Ford Motor Co.
1,295,973
15,188,803
Fox Factory Holding Corp. *
14,926
940,935
General Motors Co.
451,506
17,518,433
Gentex Corp.
75,505
2,501,481
Harley-Davidson, Inc.
41,353
1,341,905
Lear Corp.
19,084
2,536,264
Lucid Group, Inc. *(a)
291,763
986,159
Rivian Automotive, Inc., Class A *
222,858
3,411,956
Tesla, Inc. *
911,741
170,759,972
Thor Industries, Inc.
17,593
1,988,361
 
229,934,161
 
Banks 3.2%
Bank of America Corp.
2,268,702
77,158,555
Bank OZK
35,182
1,587,060
BOK Financial Corp.
8,724
731,420
Citigroup, Inc.
630,460
35,412,938
Citizens Financial Group, Inc.
153,057
5,004,964
Columbia Banking System, Inc.
69,514
1,401,402
Comerica, Inc.
43,856
2,305,948
Commerce Bancshares, Inc.
39,260
2,046,231
Cullen/Frost Bankers, Inc.
21,276
2,257,809
East West Bancorp, Inc.
46,775
3,405,688
Fifth Third Bancorp
224,092
7,672,910
First Citizens BancShares, Inc.,
Class A
3,916
5,913,160
First Horizon Corp.
185,007
2,634,500
Home BancShares, Inc.
62,038
1,454,171
Huntington Bancshares, Inc.
476,079
6,060,486
JPMorgan Chase & Co.
952,823
166,134,218
KeyCorp
310,032
4,504,765
M&T Bank Corp.
54,827
7,571,609
New York Community Bancorp, Inc.
241,285
1,561,114
Old National Bancorp
95,404
1,571,304
Pinnacle Financial Partners, Inc.
25,092
2,217,631
PNC Financial Services Group, Inc.
131,531
19,888,802
Popular, Inc.
23,499
2,007,990
Prosperity Bancshares, Inc.
31,192
1,993,481
Regions Financial Corp.
306,289
5,718,416
SouthState Corp.
25,298
2,102,264
Synovus Financial Corp.
47,781
1,799,432
Truist Financial Corp.
439,683
16,294,652
U.S. Bancorp
512,718
21,298,306
Valley National Bancorp
144,205
1,387,252
Webster Financial Corp.
56,405
2,790,919
Wells Fargo & Co.
1,196,519
60,041,323
Western Alliance Bancorp
36,325
2,323,347
SECURITY
NUMBER
OF SHARES
VALUE ($)
Wintrust Financial Corp.
20,348
1,973,349
Zions Bancorp NA
48,988
2,052,597
 
480,280,013
 
Capital Goods 6.1%
3M Co.
181,774
17,150,377
A O Smith Corp.
40,232
3,122,405
AAON, Inc.
22,244
1,560,639
Acuity Brands, Inc.
10,107
2,407,083
Advanced Drainage Systems, Inc.
22,761
2,968,490
AECOM
45,706
4,030,812
AGCO Corp.
20,552
2,514,126
Air Lease Corp., Class A
34,596
1,446,459
Allegion PLC
29,118
3,607,429
Allison Transmission Holdings, Inc.
29,247
1,770,613
AMETEK, Inc.
76,130
12,336,866
API Group Corp. *
67,212
2,118,522
Applied Industrial Technologies, Inc.
12,697
2,240,513
Atkore, Inc. *
12,454
1,899,609
Axon Enterprise, Inc. *
23,170
5,770,720
AZEK Co., Inc., Class A *
49,224
1,898,077
Beacon Roofing Supply, Inc. *
20,819
1,725,687
Boeing Co. *
187,472
39,564,091
Boise Cascade Co.
12,987
1,759,219
Builders FirstSource, Inc. *
40,483
7,033,112
BWX Technologies, Inc.
30,471
2,482,777
Carlisle Cos., Inc.
16,117
5,064,928
Carrier Global Corp.
276,780
15,142,634
Caterpillar, Inc.
168,264
50,531,362
Chart Industries, Inc. *
13,722
1,601,632
Comfort Systems USA, Inc.
11,703
2,545,051
Core & Main, Inc., Class A *
55,377
2,287,624
Crane Co.
15,814
1,962,676
Cummins, Inc.
46,707
11,176,985
Curtiss-Wright Corp.
12,756
2,839,103
Deere & Co.
88,247
34,732,254
Donaldson Co., Inc.
40,273
2,601,233
Dover Corp.
46,300
6,934,814
Eaton Corp. PLC
131,696
32,407,752
EMCOR Group, Inc.
15,417
3,516,772
Emerson Electric Co.
187,991
17,244,414
Esab Corp.
18,609
1,600,188
Fastenal Co.
188,655
12,871,931
Ferguson PLC
67,285
12,640,160
Flowserve Corp.
43,341
1,730,606
Fluor Corp. *
56,000
2,111,760
Fortive Corp.
115,454
9,026,194
Fortune Brands Innovations, Inc.
40,903
3,173,664
Franklin Electric Co., Inc.
13,152
1,239,708
Generac Holdings, Inc. *
19,965
2,269,422
General Dynamics Corp.
74,715
19,798,728
General Electric Co.
358,993
47,537,853
Graco, Inc.
55,549
4,738,330
HEICO Corp.
33,347
5,988,788
Hexcel Corp.
27,945
1,855,269
  7

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Honeywell International, Inc.
217,228
43,936,535
Howmet Aerospace, Inc.
128,592
7,234,586
Hubbell, Inc., Class B
17,511
5,876,166
Huntington Ingalls Industries, Inc.
12,927
3,347,059
IDEX Corp.
24,858
5,257,467
Illinois Tool Works, Inc.
90,399
23,585,099
Ingersoll Rand, Inc.
133,469
10,658,834
ITT, Inc.
27,187
3,283,646
Johnson Controls International PLC
224,233
11,814,837
L3Harris Technologies, Inc.
62,464
13,018,747
Lennox International, Inc.
10,641
4,556,051
Leonardo DRS, Inc. *
23,295
452,156
Lincoln Electric Holdings, Inc.
18,713
4,158,403
Lockheed Martin Corp.
72,755
31,241,725
Masco Corp.
74,412
5,007,183
MasTec, Inc. *
19,429
1,275,902
Middleby Corp. *
17,694
2,496,093
MSC Industrial Direct Co., Inc.,
Class A
14,861
1,466,483
Mueller Industries, Inc.
37,422
1,796,256
Nordson Corp.
17,784
4,476,588
Northrop Grumman Corp.
46,758
20,889,604
nVent Electric PLC
54,759
3,287,730
Oshkosh Corp.
20,996
2,311,660
Otis Worldwide Corp.
134,884
11,929,141
Owens Corning
29,117
4,412,099
PACCAR, Inc.
172,586
17,325,909
Parker-Hannifin Corp.
42,410
19,699,445
Pentair PLC
54,709
4,003,058
Plug Power, Inc. *(a)
178,600
794,770
Quanta Services, Inc.
47,856
9,286,457
RBC Bearings, Inc. *
9,526
2,558,112
Regal Rexnord Corp.
21,997
2,935,720
Rockwell Automation, Inc.
37,673
9,541,817
RTX Corp.
473,991
43,190,060
Sensata Technologies Holding PLC
50,073
1,811,140
Simpson Manufacturing Co., Inc.
14,012
2,536,032
SiteOne Landscape Supply, Inc. *
14,826
2,291,358
Snap-on, Inc.
17,404
5,045,942
Stanley Black & Decker, Inc.
50,587
4,719,767
Textron, Inc.
64,103
5,430,165
Timken Co.
21,550
1,765,160
Toro Co.
34,370
3,178,538
Trane Technologies PLC
75,267
18,971,047
TransDigm Group, Inc.
18,244
19,934,854
Trex Co., Inc. *
36,051
2,937,435
UFP Industries, Inc.
20,549
2,331,284
United Rentals, Inc.
22,380
13,996,452
Valmont Industries, Inc.
6,959
1,570,716
Vertiv Holdings Co., Class A
114,750
6,463,867
Watsco, Inc.
11,203
4,380,149
Watts Water Technologies, Inc.,
Class A
9,019
1,785,852
WESCO International, Inc.
14,388
2,496,606
Westinghouse Air Brake
Technologies Corp.
58,764
7,731,579
WillScot Mobile Mini Holdings
Corp. *
62,825
2,971,622
Woodward, Inc.
19,761
2,722,473
WW Grainger, Inc.
14,576
13,054,849
Xylem, Inc.
79,777
8,970,126
Zurn Elkay Water Solutions Corp.
47,551
1,409,887
 
912,191,759
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Commercial & Professional Services 1.5%
Automatic Data Processing, Inc.
135,670
33,344,973
Booz Allen Hamilton Holding Corp.,
Class A
43,041
6,058,882
Broadridge Financial Solutions, Inc.
38,622
7,886,612
CACI International, Inc., Class A *
7,309
2,512,323
Casella Waste Systems, Inc.,
Class A *
18,572
1,584,934
Ceridian HCM Holding, Inc. *
51,236
3,561,927
Cintas Corp.
28,539
17,253,823
Clarivate PLC *
140,745
1,258,260
Clean Harbors, Inc. *
16,507
2,772,516
Copart, Inc. *
287,865
13,829,035
Dun & Bradstreet Holdings, Inc.
78,413
908,807
Equifax, Inc.
40,626
9,926,557
ExlService Holdings, Inc. *
52,935
1,655,807
Exponent, Inc.
16,589
1,462,984
FTI Consulting, Inc. *
11,700
2,241,837
Genpact Ltd.
54,268
1,948,221
Jacobs Solutions, Inc.
41,764
5,628,534
KBR, Inc.
45,148
2,352,662
Leidos Holdings, Inc.
45,404
5,015,780
Maximus, Inc.
20,024
1,624,347
MSA Safety, Inc.
12,118
1,999,833
Parsons Corp. *
13,384
871,968
Paychex, Inc.
106,268
12,936,004
Paycom Software, Inc.
16,302
3,101,292
Paylocity Holding Corp. *
14,155
2,242,294
RB Global, Inc.
59,729
3,820,864
Republic Services, Inc., Class A
67,312
11,518,429
Robert Half, Inc.
34,565
2,749,300
Rollins, Inc.
91,966
3,983,047
Science Applications International
Corp.
17,361
2,216,305
SS&C Technologies Holdings, Inc.
71,316
4,351,702
Tetra Tech, Inc.
17,628
2,788,397
TransUnion
64,083
4,433,903
TriNet Group, Inc. *
10,324
1,173,839
Veralto Corp.
72,672
5,573,216
Verisk Analytics, Inc., Class A
47,725
11,527,019
Vestis Corp.
42,956
919,258
Waste Management, Inc.
120,736
22,412,224
 
221,447,715
 
Consumer Discretionary Distribution & Retail 5.4%
Amazon.com, Inc. *
2,997,868
465,269,114
Asbury Automotive Group, Inc. *
6,775
1,416,382
AutoNation, Inc. *
8,328
1,163,088
AutoZone, Inc. *
5,823
16,083,883
Bath & Body Works, Inc.
75,621
3,225,992
Best Buy Co., Inc.
64,029
4,641,462
Burlington Stores, Inc. *
21,395
4,089,654
CarMax, Inc. *
52,336
3,725,276
Carvana Co., Class A *
33,889
1,459,260
Dick's Sporting Goods, Inc.
20,258
3,019,860
Dillard's, Inc., Class A
1,161
449,620
eBay, Inc.
171,088
7,026,584
Etsy, Inc. *
39,481
2,627,855
Five Below, Inc. *
18,296
3,283,400
Floor & Decor Holdings, Inc.,
Class A *
35,329
3,552,684
GameStop Corp., Class A *(a)
88,308
1,256,623
Genuine Parts Co.
46,007
6,451,562
Home Depot, Inc.
329,562
116,322,204
Lithia Motors, Inc., Class A
9,183
2,707,608
LKQ Corp.
87,798
4,097,533
Lowe's Cos., Inc.
190,109
40,462,800
8  

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Murphy USA, Inc.
6,364
2,243,437
Ollie's Bargain Outlet Holdings, Inc. *
20,340
1,463,056
O'Reilly Automotive, Inc. *
19,539
19,989,374
Penske Automotive Group, Inc.
6,449
956,838
Pool Corp.
12,890
4,785,413
RH *
5,098
1,292,241
Ross Stores, Inc.
111,687
15,667,452
TJX Cos., Inc.
376,976
35,778,792
Tractor Supply Co.
35,686
8,015,076
Ulta Beauty, Inc. *
16,193
8,129,696
Valvoline, Inc. *
45,860
1,673,431
Wayfair, Inc., Class A *
30,920
1,553,730
Williams-Sonoma, Inc.
21,158
4,091,746
 
797,972,726
 
Consumer Durables & Apparel 1.1%
Brunswick Corp.
22,310
1,799,971
Capri Holdings Ltd. *
38,108
1,857,384
Columbia Sportswear Co.
11,637
922,349
Crocs, Inc. *
19,885
2,017,930
Deckers Outdoor Corp. *
8,503
6,408,966
DR Horton, Inc.
99,127
14,166,240
Garmin Ltd.
50,510
6,035,440
Hasbro, Inc.
43,116
2,110,528
KB Home
25,673
1,529,854
Lennar Corp., Class A
82,780
12,404,583
Lululemon Athletica, Inc. *
37,933
17,214,754
Mattel, Inc. *
115,874
2,072,986
Meritage Homes Corp.
12,145
2,011,333
Mohawk Industries, Inc. *
17,641
1,839,074
Newell Brands, Inc.
122,925
1,022,736
NIKE, Inc., Class B
403,425
40,959,740
NVR, Inc. *
1,042
7,372,452
Polaris, Inc.
17,177
1,545,243
PulteGroup, Inc.
71,198
7,444,463
PVH Corp.
19,857
2,388,003
Ralph Lauren Corp., Class A
12,819
1,841,706
SharkNinja, Inc.
15,934
744,436
Skechers USA, Inc., Class A *
43,308
2,704,152
Tapestry, Inc.
74,537
2,891,290
Taylor Morrison Home Corp.,
Class A *
36,093
1,881,889
Tempur Sealy International, Inc.
57,182
2,852,810
Toll Brothers, Inc.
35,094
3,486,589
TopBuild Corp. *
10,503
3,876,972
VF Corp.
109,982
1,810,304
Whirlpool Corp.
18,113
1,983,736
YETI Holdings, Inc. *
28,594
1,257,278
 
158,455,191
 
Consumer Services 2.3%
ADT, Inc.
70,628
461,201
Airbnb, Inc., Class A *
143,332
20,659,874
Aramark
85,912
2,498,321
Booking Holdings, Inc. *
11,497
40,325,383
Boyd Gaming Corp.
22,551
1,431,763
Bright Horizons Family Solutions,
Inc. *
19,049
1,871,564
Caesars Entertainment, Inc. *
70,757
3,104,110
Carnival Corp. *
331,029
5,488,461
Chipotle Mexican Grill, Inc., Class A *
9,043
21,782,507
Choice Hotels International, Inc.
8,750
1,059,800
Churchill Downs, Inc.
22,452
2,716,018
Darden Restaurants, Inc.
39,411
6,407,440
Domino's Pizza, Inc.
11,440
4,875,957
DoorDash, Inc., Class A *
100,333
10,454,699
DraftKings, Inc., Class A *
154,619
6,037,872
SECURITY
NUMBER
OF SHARES
VALUE ($)
Duolingo, Inc. *
11,616
2,077,986
Expedia Group, Inc. *
43,935
6,516,879
H&R Block, Inc.
47,398
2,220,122
Hilton Grand Vacations, Inc. *
23,542
981,701
Hilton Worldwide Holdings, Inc.
84,390
16,115,114
Hyatt Hotels Corp., Class A
14,630
1,878,053
Las Vegas Sands Corp.
121,561
5,946,764
Light & Wonder, Inc. *
29,268
2,352,562
Marriott International, Inc., Class A
81,184
19,462,240
McDonald's Corp.
239,080
69,983,498
MGM Resorts International *
90,374
3,919,520
Norwegian Cruise Line Holdings
Ltd. *
139,998
2,491,964
Planet Fitness, Inc., Class A *
28,067
1,901,820
Royal Caribbean Cruises Ltd. *
77,861
9,927,278
Service Corp. International
48,840
3,278,141
Starbucks Corp.
376,459
35,021,981
Texas Roadhouse, Inc., Class A
22,199
2,790,858
Vail Resorts, Inc.
12,382
2,748,804
Wingstop, Inc.
9,579
2,692,753
Wyndham Hotels & Resorts, Inc.
27,442
2,138,555
Wynn Resorts Ltd.
31,874
3,009,862
Yum! Brands, Inc.
92,384
11,962,804
 
338,594,229
 
Consumer Staples Distribution & Retail 1.8%
Albertsons Cos., Inc., Class A
131,963
2,800,255
BJ's Wholesale Club Holdings, Inc. *
44,145
2,840,289
Casey's General Stores, Inc.
12,203
3,311,406
Costco Wholesale Corp.
145,931
101,404,533
Dollar General Corp.
72,364
9,557,114
Dollar Tree, Inc. *
68,808
8,987,701
Kroger Co.
217,171
10,020,270
Performance Food Group Co. *
51,509
3,743,674
Sysco Corp.
165,982
13,432,923
Target Corp.
152,394
21,194,958
U.S. Foods Holding Corp. *
74,835
3,443,159
Walgreens Boots Alliance, Inc.
235,518
5,315,641
Walmart, Inc.
470,453
77,742,358
 
263,794,281
 
Energy 3.9%
Antero Midstream Corp.
113,320
1,387,037
Antero Resources Corp. *
92,890
2,075,163
APA Corp.
100,220
3,139,893
Baker Hughes Co., Class A
330,521
9,419,848
ChampionX Corp.
63,418
1,738,287
Cheniere Energy, Inc.
78,732
12,911,261
Chesapeake Energy Corp.
36,769
2,835,258
Chevron Corp.
578,644
85,309,485
Chord Energy Corp.
13,795
2,121,119
Civitas Resources, Inc.
27,942
1,810,921
ConocoPhillips
391,441
43,790,505
Coterra Energy, Inc.
246,931
6,143,643
Devon Energy Corp.
211,898
8,903,954
Diamondback Energy, Inc.
58,890
9,053,749
DT Midstream, Inc.
32,329
1,735,744
EOG Resources, Inc.
192,379
21,890,806
EQT Corp.
135,337
4,790,930
Exxon Mobil Corp.
1,320,344
135,744,567
Halliburton Co.
294,035
10,482,348
Hess Corp.
91,399
12,844,301
HF Sinclair Corp.
51,359
2,901,270
Kinder Morgan, Inc.
634,880
10,742,170
Magnolia Oil & Gas Corp., Class A
61,817
1,274,667
Marathon Oil Corp.
193,503
4,421,544
Marathon Petroleum Corp.
125,047
20,707,783
  9

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Matador Resources Co.
36,362
1,995,910
Murphy Oil Corp.
48,795
1,888,366
New Fortress Energy, Inc.
21,766
723,284
Noble Corp. PLC
35,442
1,564,055
NOV, Inc.
130,977
2,555,361
Occidental Petroleum Corp.
218,412
12,573,979
ONEOK, Inc.
191,808
13,090,896
Ovintiv, Inc.
83,116
3,525,781
Patterson-UTI Energy, Inc.
105,450
1,169,440
PBF Energy, Inc., Class A
36,360
1,836,544
Permian Resources Corp., Class A
137,024
1,847,084
Phillips 66
145,278
20,965,068
Pioneer Natural Resources Co.
76,941
17,683,350
Range Resources Corp.
79,999
2,323,171
Schlumberger NV
470,500
22,913,350
SM Energy Co.
38,363
1,422,500
Southwestern Energy Co. *
365,970
2,360,506
Targa Resources Corp.
73,596
6,252,716
TechnipFMC PLC
143,413
2,773,607
Texas Pacific Land Corp.
2,062
3,013,262
Transocean Ltd. *
234,013
1,277,711
Valaris Ltd. *
20,857
1,290,423
Valero Energy Corp.
112,118
15,573,190
Weatherford International PLC *
23,565
2,110,246
Williams Cos., Inc.
400,575
13,883,929
 
574,789,982
 
Equity Real Estate Investment Trusts (REITs) 2.4%
Agree Realty Corp.
33,136
1,975,237
Alexandria Real Estate Equities, Inc.
51,392
6,213,293
American Homes 4 Rent, Class A
105,564
3,700,018
American Tower Corp.
153,898
30,110,144
Americold Realty Trust, Inc.
87,894
2,417,085
Apartment Income REIT Corp.
48,573
1,587,851
AvalonBay Communities, Inc.
46,990
8,411,680
Boston Properties, Inc.
47,345
3,148,443
Brixmor Property Group, Inc.
98,553
2,211,529
Camden Property Trust
35,247
3,307,578
Crown Castle, Inc.
142,956
15,474,987
CubeSmart
74,249
3,209,042
Digital Realty Trust, Inc.
99,685
14,001,755
EastGroup Properties, Inc.
15,066
2,673,160
Equinix, Inc.
30,951
25,682,211
Equity LifeStyle Properties, Inc.
61,225
4,144,320
Equity Residential
113,371
6,823,800
Essex Property Trust, Inc.
21,194
4,943,924
Extra Space Storage, Inc.
69,293
10,008,681
Federal Realty Investment Trust
24,356
2,477,736
First Industrial Realty Trust, Inc.
44,038
2,268,838
Gaming & Leisure Properties, Inc.
88,445
4,037,514
Healthcare Realty Trust, Inc., Class A
126,483
2,037,641
Healthpeak Properties, Inc.
181,384
3,355,604
Host Hotels & Resorts, Inc.
235,491
4,526,137
Invitation Homes, Inc.
190,615
6,276,952
Iron Mountain, Inc.
96,314
6,503,121
Kilroy Realty Corp.
36,066
1,289,720
Kimco Realty Corp.
219,207
4,427,981
Kite Realty Group Trust
73,241
1,567,357
Lamar Advertising Co., Class A
28,930
3,028,392
Medical Properties Trust, Inc. (a)
195,366
605,635
Mid-America Apartment
Communities, Inc.
38,544
4,871,191
NET Lease Office Properties
4,763
118,027
NNN REIT, Inc.
60,482
2,439,844
Omega Healthcare Investors, Inc.
82,721
2,398,909
Prologis, Inc.
304,234
38,543,405
Public Storage
52,135
14,764,111
Rayonier, Inc.
45,440
1,376,832
SECURITY
NUMBER
OF SHARES
VALUE ($)
Realty Income Corp.
274,277
14,917,926
Regency Centers Corp.
54,256
3,400,224
Rexford Industrial Realty, Inc.
69,584
3,659,423
Ryman Hospitality Properties, Inc.
19,635
2,157,887
SBA Communications Corp., Class A
35,756
8,004,338
Simon Property Group, Inc.
107,357
14,880,754
STAG Industrial, Inc.
58,921
2,176,542
Sun Communities, Inc.
41,088
5,150,381
Terreno Realty Corp.
27,741
1,656,970
UDR, Inc.
99,840
3,596,237
Ventas, Inc.
133,563
6,195,988
VICI Properties, Inc., Class A
342,930
10,329,052
Vornado Realty Trust
52,953
1,439,792
Welltower, Inc.
182,257
15,767,053
Weyerhaeuser Co.
239,449
7,846,744
WP Carey, Inc.
72,316
4,480,699
 
362,619,695
 
Financial Services 7.9%
Affiliated Managers Group, Inc.
11,185
1,664,775
Affirm Holdings, Inc. *
73,210
2,965,737
AGNC Investment Corp.
223,218
2,116,107
Ally Financial, Inc.
89,346
3,277,211
American Express Co.
189,666
38,073,553
Ameriprise Financial, Inc.
33,410
12,923,990
Annaly Capital Management, Inc.
164,827
3,163,030
Apollo Global Management, Inc.
144,177
14,475,371
ARES Management Corp., Class A
55,706
6,767,165
Bank of New York Mellon Corp.
254,165
14,095,991
Berkshire Hathaway, Inc., Class B *
599,786
230,161,880
BlackRock, Inc.
46,122
35,712,726
Blackstone, Inc.
234,499
29,183,401
Block, Inc. *
182,536
11,866,665
Blue Owl Capital, Inc., Class A
133,762
2,078,661
Capital One Financial Corp.
125,709
17,010,942
Carlyle Group, Inc.
71,992
2,881,120
Cboe Global Markets, Inc.
34,869
6,410,666
Charles Schwab Corp. (b)
487,000
30,642,040
CME Group, Inc.
118,816
24,457,085
Coinbase Global, Inc., Class A *
56,358
7,225,096
Corebridge Financial, Inc.
78,962
1,908,512
Credit Acceptance Corp. *
2,124
1,149,233
Discover Financial Services
82,585
8,714,369
Enact Holdings, Inc.
9,788
278,860
Equitable Holdings, Inc.
104,716
3,423,166
Essent Group Ltd.
34,668
1,912,287
Evercore, Inc., Class A
11,493
1,973,693
FactSet Research Systems, Inc.
12,495
5,946,620
Fidelity National Information
Services, Inc.
195,399
12,165,542
Fiserv, Inc. *
197,571
28,029,398
FleetCor Technologies, Inc. *
23,821
6,906,422
Franklin Resources, Inc.
92,511
2,463,568
Global Payments, Inc.
85,827
11,434,731
Goldman Sachs Group, Inc.
107,458
41,264,947
Houlihan Lokey, Inc., Class A
16,846
2,017,814
Interactive Brokers Group, Inc.,
Class A
35,015
3,107,581
Intercontinental Exchange, Inc.
188,679
24,024,497
Invesco Ltd.
146,958
2,326,345
Jack Henry & Associates, Inc.
23,805
3,947,583
Janus Henderson Group PLC
43,410
1,248,472
Jefferies Financial Group, Inc.
55,875
2,277,465
KKR & Co., Inc.
218,892
18,951,669
LPL Financial Holdings, Inc.
25,020
5,984,534
MarketAxess Holdings, Inc.
12,647
2,852,025
Mastercard, Inc., Class A
272,974
122,628,110
MGIC Investment Corp.
89,798
1,781,592
10  

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Moody's Corp.
51,917
20,353,541
Morgan Stanley
416,311
36,318,972
Morningstar, Inc.
8,561
2,391,087
MSCI, Inc., Class A
26,052
15,595,248
Nasdaq, Inc.
112,918
6,523,273
Northern Trust Corp.
68,033
5,418,148
OneMain Holdings, Inc.
40,289
1,917,756
PayPal Holdings, Inc. *
355,457
21,807,287
Raymond James Financial, Inc.
62,294
6,863,553
Remitly Global, Inc. *
43,486
745,350
Rithm Capital Corp.
160,559
1,717,981
Robinhood Markets, Inc., Class A *
170,594
1,832,180
S&P Global, Inc.
106,796
47,881,987
SEI Investments Co.
32,442
2,051,632
SoFi Technologies, Inc. *
311,954
2,442,600
Starwood Property Trust, Inc.
98,071
1,993,783
State Street Corp.
101,926
7,529,274
Stifel Financial Corp.
33,344
2,432,445
Synchrony Financial
137,429
5,341,865
T Rowe Price Group, Inc.
73,653
7,987,668
Toast, Inc., Class A *
123,786
2,199,677
Tradeweb Markets, Inc., Class A
37,916
3,616,807
Visa, Inc., Class A
525,410
143,573,537
Voya Financial, Inc.
34,719
2,512,614
Western Union Co.
119,697
1,504,591
WEX, Inc. *
14,090
2,879,855
 
1,171,304,958
 
Food, Beverage & Tobacco 2.7%
Altria Group, Inc.
582,690
23,377,523
Archer-Daniels-Midland Co.
175,690
9,764,850
Brown-Forman Corp., Class B
60,000
3,294,000
Bunge Global SA
48,004
4,228,672
Campbell Soup Co.
64,335
2,871,271
Celsius Holdings, Inc. *
48,402
2,415,260
Coca-Cola Co.
1,282,830
76,315,557
Coca-Cola Consolidated, Inc.
1,545
1,330,848
Conagra Brands, Inc.
157,208
4,582,613
Constellation Brands, Inc., Class A
53,242
13,048,549
Darling Ingredients, Inc. *
51,885
2,246,620
Flowers Foods, Inc.
62,600
1,427,280
General Mills, Inc.
191,515
12,431,239
Hershey Co.
49,524
9,584,875
Hormel Foods Corp.
95,622
2,904,040
Ingredion, Inc.
21,104
2,270,157
J M Smucker Co.
34,938
4,596,094
Kellanova
86,599
4,742,161
Keurig Dr Pepper, Inc.
332,229
10,445,280
Kraft Heinz Co.
263,460
9,782,270
Lamb Weston Holdings, Inc.
47,615
4,877,681
Lancaster Colony Corp.
6,855
1,259,812
McCormick & Co., Inc. - Non Voting
Shares
83,143
5,667,027
Molson Coors Beverage Co., Class B
60,833
3,758,871
Mondelez International, Inc., Class A
447,994
33,720,508
Monster Beverage Corp. *
243,692
13,407,934
National Beverage Corp. *
7,583
350,638
PepsiCo, Inc.
453,317
76,397,514
Philip Morris International, Inc.
511,967
46,512,202
Pilgrim's Pride Corp. *
14,517
394,427
Post Holdings, Inc. *
16,862
1,565,974
Tyson Foods, Inc., Class A
94,548
5,177,448
WK Kellogg Co.
21,231
275,791
 
395,024,986
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Health Care Equipment & Services 5.2%
Abbott Laboratories
572,137
64,737,302
Acadia Healthcare Co., Inc. *
30,436
2,500,013
agilon health, Inc. *
99,327
585,036
Align Technology, Inc. *
23,609
6,311,158
Baxter International, Inc.
167,277
6,471,947
Becton Dickinson & Co.
95,559
22,820,445
Boston Scientific Corp. *
482,269
30,508,337
Cardinal Health, Inc.
81,439
8,892,324
Cencora, Inc.
55,149
12,832,069
Centene Corp. *
176,397
13,284,458
Chemed Corp.
4,967
2,944,388
Cigna Group
96,448
29,026,026
Cooper Cos., Inc.
16,334
6,093,072
CVS Health Corp.
423,897
31,525,220
DaVita, Inc. *
17,575
1,900,912
DENTSPLY SIRONA, Inc.
70,164
2,438,199
Dexcom, Inc. *
127,392
15,459,019
Edwards Lifesciences Corp. *
200,191
15,708,988
Elevance Health, Inc.
77,455
38,219,395
Encompass Health Corp.
33,148
2,354,834
Ensign Group, Inc.
18,467
2,090,834
Envista Holdings Corp. *
57,021
1,339,993
GE HealthCare Technologies, Inc.
129,115
9,471,876
Globus Medical, Inc., Class A *
37,860
1,998,629
Haemonetics Corp. *
16,597
1,269,007
HCA Healthcare, Inc.
65,395
19,938,935
HealthEquity, Inc. *
28,181
2,129,920
Henry Schein, Inc. *
42,438
3,176,060
Hologic, Inc. *
80,235
5,972,693
Humana, Inc.
40,633
15,361,712
IDEXX Laboratories, Inc. *
27,353
14,088,983
Inspire Medical Systems, Inc. *
9,880
2,083,396
Insulet Corp. *
23,037
4,397,072
Intuitive Surgical, Inc. *
116,073
43,901,130
Laboratory Corp. of America
Holdings
28,107
6,248,186
Lantheus Holdings, Inc. *
22,460
1,166,348
Masimo Corp. *
14,577
1,879,558
McKesson Corp.
43,794
21,892,183
Medtronic PLC
438,358
38,373,859
Molina Healthcare, Inc. *
19,195
6,841,866
Neogen Corp. *
64,750
1,003,625
Option Care Health, Inc. *
59,258
1,851,220
Penumbra, Inc. *
12,628
3,184,655
Quest Diagnostics, Inc.
37,011
4,753,323
QuidelOrtho Corp. *
16,191
1,109,245
R1 RCM, Inc. *
65,068
666,296
ResMed, Inc.
48,504
9,225,461
Shockwave Medical, Inc. *
12,128
2,743,960
STERIS PLC
32,669
7,152,878
Stryker Corp.
111,550
37,422,794
Surgery Partners, Inc. *
24,184
742,207
Teleflex, Inc.
15,519
3,768,479
Tenet Healthcare Corp. *
33,736
2,791,317
UnitedHealth Group, Inc.
304,897
156,027,991
Universal Health Services, Inc.,
Class B
20,215
3,210,344
Veeva Systems, Inc., Class A *
48,097
9,975,799
Zimmer Biomet Holdings, Inc.
68,941
8,658,990
 
772,523,966
 
Household & Personal Products 1.4%
BellRing Brands, Inc. *
43,140
2,384,348
Church & Dwight Co., Inc.
81,587
8,146,462
Clorox Co.
40,870
5,936,368
Colgate-Palmolive Co.
271,336
22,846,491
  11

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Coty, Inc., Class A *
123,457
1,491,361
elf Beauty, Inc. *
18,410
2,936,947
Estee Lauder Cos., Inc., Class A
76,605
10,111,094
Inter Parfums, Inc.
5,918
823,490
Kenvue, Inc.
568,740
11,807,042
Kimberly-Clark Corp.
111,354
13,470,493
Procter & Gamble Co.
776,931
122,086,937
Reynolds Consumer Products, Inc.
17,599
478,165
 
202,519,198
 
Insurance 2.2%
Aflac, Inc.
175,703
14,818,791
Allstate Corp.
86,191
13,381,153
American Financial Group, Inc.
21,215
2,554,286
American International Group, Inc.
231,582
16,097,265
Aon PLC, Class A
66,030
19,705,333
Arch Capital Group Ltd. *
122,816
10,123,723
Arthur J Gallagher & Co.
71,273
16,546,740
Assurant, Inc.
17,616
2,958,607
Axis Capital Holdings Ltd.
25,789
1,534,961
Brown & Brown, Inc.
77,801
6,034,246
Chubb Ltd.
134,498
32,952,010
Cincinnati Financial Corp.
51,880
5,748,304
CNA Financial Corp.
8,907
392,531
Erie Indemnity Co., Class A
8,245
2,851,368
Everest Group Ltd.
14,353
5,525,474
Fidelity National Financial, Inc.
84,998
4,252,450
First American Financial Corp.
34,035
2,054,012
Globe Life, Inc.
28,023
3,441,785
Hartford Financial Services Group,
Inc.
99,389
8,642,867
Kinsale Capital Group, Inc.
7,167
2,849,384
Lincoln National Corp.
56,360
1,547,082
Loews Corp.
59,966
4,369,123
Markel Group, Inc. *
4,352
6,516,815
Marsh & McLennan Cos., Inc.
162,662
31,530,402
MetLife, Inc.
205,253
14,228,138
Old Republic International Corp.
86,185
2,416,627
Primerica, Inc.
11,581
2,711,807
Principal Financial Group, Inc.
71,913
5,688,318
Progressive Corp.
192,754
34,358,401
Prudential Financial, Inc.
119,050
12,491,917
Reinsurance Group of America, Inc.
21,829
3,795,845
RenaissanceRe Holdings Ltd.
16,685
3,818,029
RLI Corp.
13,011
1,774,310
Ryan Specialty Holdings, Inc.,
Class A *
32,735
1,418,080
Selective Insurance Group, Inc.
20,045
2,101,919
Travelers Cos., Inc.
75,276
15,910,335
Unum Group
59,864
2,893,826
W R Berkley Corp.
67,820
5,553,102
Willis Towers Watson PLC
34,049
8,386,269
 
333,975,635
 
Materials 2.5%
Air Products & Chemicals, Inc.
73,290
18,740,986
Albemarle Corp.
38,927
4,466,484
Alcoa Corp.
58,364
1,736,329
Amcor PLC
476,347
4,491,952
AptarGroup, Inc.
21,613
2,807,096
Ashland, Inc.
16,390
1,534,432
ATI, Inc. *
42,313
1,729,332
Avery Dennison Corp.
26,364
5,258,300
Axalta Coating Systems Ltd. *
73,146
2,371,393
Balchem Corp.
10,774
1,510,084
Ball Corp.
103,875
5,759,869
Berry Global Group, Inc.
39,299
2,572,513
SECURITY
NUMBER
OF SHARES
VALUE ($)
Celanese Corp., Class A
32,992
4,826,400
CF Industries Holdings, Inc.
63,323
4,781,520
Chemours Co.
49,159
1,483,127
Cleveland-Cliffs, Inc. *
164,493
3,298,085
Commercial Metals Co.
39,305
2,052,507
Corteva, Inc.
232,208
10,560,820
Crown Holdings, Inc.
39,751
3,517,963
Dow, Inc.
230,562
12,358,123
DuPont de Nemours, Inc.
141,896
8,769,173
Eagle Materials, Inc.
11,430
2,586,380
Eastman Chemical Co.
38,554
3,221,187
Ecolab, Inc.
83,581
16,567,426
Element Solutions, Inc.
74,009
1,645,220
FMC Corp.
41,511
2,332,918
Freeport-McMoRan, Inc.
473,529
18,794,366
Graphic Packaging Holding Co.
101,910
2,599,724
Huntsman Corp.
53,525
1,313,504
International Flavors & Fragrances,
Inc.
84,184
6,791,965
International Paper Co.
114,435
4,100,206
Linde PLC
159,771
64,680,094
Louisiana-Pacific Corp.
21,230
1,412,857
LyondellBasell Industries NV, Class A
84,438
7,947,305
Martin Marietta Materials, Inc.
20,425
10,384,478
Mosaic Co.
107,504
3,301,448
NewMarket Corp.
2,270
1,266,229
Newmont Corp.
379,493
13,096,303
Nucor Corp.
81,194
15,177,594
Olin Corp.
40,063
2,086,080
Packaging Corp. of America
29,634
4,915,688
PPG Industries, Inc.
77,734
10,963,603
Reliance Steel & Aluminum Co.
18,900
5,394,438
Royal Gold, Inc.
21,829
2,497,019
RPM International, Inc.
42,742
4,558,862
Sealed Air Corp.
47,159
1,629,343
Sherwin-Williams Co.
77,720
23,656,414
Silgan Holdings, Inc.
27,344
1,256,183
Sonoco Products Co.
32,329
1,839,520
Steel Dynamics, Inc.
50,271
6,067,207
Summit Materials, Inc., Class A *
39,104
1,414,783
U.S. Steel Corp.
72,330
3,400,957
Vulcan Materials Co.
43,661
9,867,823
Westlake Corp.
10,575
1,463,051
Westrock Co.
84,636
3,407,445
 
366,264,108
 
Media & Entertainment 7.5%
Alphabet, Inc., Class A *
1,950,951
273,328,235
Alphabet, Inc., Class C *
1,641,879
232,818,442
Charter Communications, Inc.,
Class A *
33,158
12,292,002
Comcast Corp., Class A
1,323,756
61,607,604
Electronic Arts, Inc.
80,772
11,112,612
Endeavor Group Holdings, Inc.,
Class A
62,581
1,548,880
Fox Corp., Class A
121,018
3,908,881
IAC, Inc. *
23,099
1,159,801
Interpublic Group of Cos., Inc.
125,676
4,146,051
Liberty Broadband Corp., Class C *
37,734
2,960,232
Liberty Media Corp.-Liberty Formula
One, Class C *
68,100
4,579,725
Liberty Media Corp.-Liberty
SiriusXM, Class C *
48,500
1,472,460
Live Nation Entertainment, Inc. *
46,617
4,141,920
Match Group, Inc. *
90,497
3,473,275
Meta Platforms, Inc., Class A *
731,699
285,465,048
Netflix, Inc. *
144,280
81,389,791
12  

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
New York Times Co., Class A
53,955
2,620,055
News Corp., Class A
125,716
3,097,642
Nexstar Media Group, Inc., Class A
10,622
1,887,636
Omnicom Group, Inc.
65,653
5,933,718
Paramount Global, Class B
159,144
2,321,911
Pinterest, Inc., Class A *
193,374
7,245,724
ROBLOX Corp., Class A *
160,839
6,242,162
Roku, Inc. *
41,433
3,648,590
Sirius XM Holdings, Inc. (a)
214,050
1,089,514
Snap, Inc., Class A *
341,262
5,422,653
Take-Two Interactive Software, Inc. *
52,232
8,614,624
TKO Group Holdings, Inc.
19,726
1,650,869
Trade Desk, Inc., Class A *
147,567
10,098,010
Walt Disney Co.
602,558
57,875,696
Warner Bros Discovery, Inc. *
732,648
7,341,133
Warner Music Group Corp., Class A
45,495
1,660,112
ZoomInfo Technologies, Inc.,
Class A *
95,942
1,538,910
 
1,113,693,918
 
Pharmaceuticals, Biotechnology & Life Sciences 7.2%
10X Genomics, Inc., Class A *
34,014
1,417,363
AbbVie, Inc.
582,126
95,701,514
ACADIA Pharmaceuticals, Inc. *
39,378
1,020,284
Agilent Technologies, Inc.
96,390
12,540,339
Alkermes PLC *
54,557
1,475,767
Alnylam Pharmaceuticals, Inc. *
41,618
7,196,168
Amgen, Inc.
176,426
55,443,635
Apellis Pharmaceuticals, Inc. *
33,214
2,102,114
Avantor, Inc. *
222,080
5,105,619
Biogen, Inc. *
47,735
11,774,315
BioMarin Pharmaceutical, Inc. *
61,975
5,458,758
Bio-Rad Laboratories, Inc., Class A *
6,869
2,204,193
Bio-Techne Corp.
51,921
3,651,085
Bridgebio Pharma, Inc. *
42,564
1,459,520
Bristol-Myers Squibb Co.
671,165
32,799,834
Bruker Corp.
30,629
2,190,280
Catalent, Inc. *
58,550
3,023,522
Charles River Laboratories
International, Inc. *
16,899
3,654,916
Danaher Corp.
216,819
52,017,046
Elanco Animal Health, Inc. *
162,894
2,401,058
Eli Lilly & Co.
262,885
169,721,185
Exact Sciences Corp. *
59,738
3,906,865
Exelixis, Inc. *
101,282
2,203,896
Gilead Sciences, Inc.
411,210
32,181,295
Halozyme Therapeutics, Inc. *
42,934
1,453,316
Illumina, Inc. *
52,348
7,486,287
Incyte Corp. *
60,626
3,562,990
Intra-Cellular Therapies, Inc. *
29,575
1,991,580
Ionis Pharmaceuticals, Inc. *
47,141
2,422,576
IQVIA Holdings, Inc. *
60,422
12,581,673
Jazz Pharmaceuticals PLC *
20,615
2,529,873
Johnson & Johnson
793,703
126,119,407
Karuna Therapeutics, Inc. *
11,776
3,690,834
Medpace Holdings, Inc. *
7,639
2,227,380
Merck & Co., Inc.
835,622
100,926,425
Mettler-Toledo International, Inc. *
7,179
8,594,627
Moderna, Inc. *
108,893
11,003,638
Mural Oncology PLC *
5,455
23,947
Natera, Inc. *
37,275
2,457,913
Neurocrine Biosciences, Inc. *
32,210
4,501,992
Organon & Co.
81,415
1,355,560
Perrigo Co. PLC
45,401
1,456,464
Pfizer, Inc.
1,861,917
50,420,712
Regeneron Pharmaceuticals, Inc. *
35,329
33,307,475
Repligen Corp. *
17,121
3,242,717
Revvity, Inc.
40,855
4,378,839
SECURITY
NUMBER
OF SHARES
VALUE ($)
Roivant Sciences Ltd. *
106,086
1,060,860
Royalty Pharma PLC, Class A
127,798
3,628,185
Sarepta Therapeutics, Inc. *
30,735
3,657,158
Sotera Health Co. *
31,432
462,679
Thermo Fisher Scientific, Inc.
127,393
68,662,279
United Therapeutics Corp. *
15,453
3,318,995
Vaxcyte, Inc. *
28,062
2,004,188
Vertex Pharmaceuticals, Inc. *
84,992
36,833,833
Viatris, Inc.
397,767
4,681,718
Waters Corp. *
19,478
6,188,355
West Pharmaceutical Services, Inc.
24,396
9,100,440
Zoetis, Inc.
151,248
28,405,887
 
1,064,391,373
 
Real Estate Management & Development 0.2%
CBRE Group, Inc., Class A *
100,711
8,692,366
CoStar Group, Inc. *
134,692
11,244,088
Jones Lang LaSalle, Inc. *
15,862
2,808,526
Zillow Group, Inc., Class C *
52,001
2,955,737
 
25,700,717
 
Semiconductors & Semiconductor Equipment 8.2%
Advanced Micro Devices, Inc. *
532,656
89,321,085
Allegro MicroSystems, Inc. *
23,617
612,625
Amkor Technology, Inc.
35,628
1,127,982
Analog Devices, Inc.
164,105
31,567,238
Applied Materials, Inc.
276,056
45,356,001
Axcelis Technologies, Inc. *
10,789
1,403,109
Broadcom, Inc.
144,683
170,725,940
Cirrus Logic, Inc. *
17,332
1,338,030
Enphase Energy, Inc. *
45,375
4,724,899
Entegris, Inc.
49,440
5,819,088
First Solar, Inc. *
35,019
5,123,280
GLOBALFOUNDRIES, Inc. *(a)
27,339
1,503,098
Intel Corp.
1,389,785
59,871,938
KLA Corp.
44,742
26,578,538
Lam Research Corp.
43,404
35,815,679
Lattice Semiconductor Corp. *
45,514
2,769,982
MACOM Technology Solutions
Holdings, Inc. *
17,768
1,532,135
Marvell Technology, Inc.
284,618
19,268,639
Microchip Technology, Inc.
178,631
15,215,788
Micron Technology, Inc.
361,952
31,037,384
MKS Instruments, Inc.
20,756
2,209,476
Monolithic Power Systems, Inc.
15,804
9,525,387
NVIDIA Corp.
814,235
500,974,368
NXP Semiconductors NV
84,896
17,876,551
ON Semiconductor Corp. *
142,413
10,129,837
Onto Innovation, Inc. *
16,132
2,605,318
Power Integrations, Inc.
18,223
1,365,996
Qorvo, Inc. *
32,329
3,224,494
QUALCOMM, Inc.
366,840
54,479,408
Rambus, Inc. *
35,774
2,451,592
Skyworks Solutions, Inc.
52,505
5,484,672
SolarEdge Technologies, Inc. *
18,663
1,241,089
Teradyne, Inc.
50,318
4,860,216
Texas Instruments, Inc.
299,447
47,947,454
Universal Display Corp.
14,283
2,424,825
Wolfspeed, Inc. *
40,813
1,328,463
 
1,218,841,604
 
Software & Services 12.8%
Accenture PLC, Class A
206,895
75,284,953
Adobe, Inc. *
150,098
92,727,542
Akamai Technologies, Inc. *
49,529
6,103,459
Amdocs Ltd.
39,099
3,584,596
  13

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
ANSYS, Inc. *
28,579
9,369,054
AppLovin Corp., Class A *
42,628
1,753,290
Aspen Technology, Inc. *
9,171
1,760,740
Atlassian Corp., Class A *
51,128
12,770,241
Autodesk, Inc. *
70,384
17,864,163
Bentley Systems, Inc., Class B
75,482
3,804,293
Bill Holdings, Inc. *
32,089
2,504,546
Cadence Design Systems, Inc. *
89,563
25,835,343
CCC Intelligent Solutions Holdings,
Inc. *
83,102
913,291
Cloudflare, Inc., Class A *
97,599
7,715,201
Cognizant Technology Solutions
Corp., Class A
165,534
12,765,982
Confluent, Inc., Class A *
72,744
1,626,556
Crowdstrike Holdings, Inc., Class A *
74,550
21,805,875
Datadog, Inc., Class A *
99,653
12,400,819
DocuSign, Inc., Class A *
66,944
4,078,228
Dolby Laboratories, Inc., Class A
19,626
1,632,491
DoubleVerify Holdings, Inc. *
45,456
1,818,695
Dropbox, Inc., Class A *
84,678
2,682,599
Dynatrace, Inc. *
78,042
4,448,394
Elastic NV *
26,547
3,107,592
EPAM Systems, Inc. *
19,161
5,328,866
Fair Isaac Corp. *
8,157
9,778,856
Five9, Inc. *
23,627
1,792,344
Fortinet, Inc. *
210,196
13,555,540
Gartner, Inc. *
25,743
11,775,878
Gen Digital, Inc.
184,768
4,338,353
Gitlab, Inc., Class A *
28,553
2,030,404
GoDaddy, Inc., Class A *
46,530
4,962,890
Guidewire Software, Inc. *
26,933
3,007,877
HubSpot, Inc. *
16,621
10,155,431
Informatica, Inc., Class A *
12,317
369,510
International Business Machines
Corp.
300,984
55,278,721
Intuit, Inc.
92,399
58,334,261
Manhattan Associates, Inc. *
20,148
4,887,099
Microsoft Corp.
2,450,085
974,104,794
MongoDB, Inc., Class A *
23,534
9,425,838
Nutanix, Inc., Class A *
80,359
4,516,176
Okta, Inc. *
51,282
4,238,457
Oracle Corp.
523,781
58,506,338
Palantir Technologies, Inc., Class A *
634,603
10,210,762
Palo Alto Networks, Inc. *
102,481
34,690,843
Procore Technologies, Inc. *
29,112
2,078,306
PTC, Inc. *
39,358
7,110,023
Qualys, Inc. *
12,068
2,282,904
Roper Technologies, Inc.
35,219
18,912,603
Salesforce, Inc. *
320,744
90,157,931
Samsara, Inc., Class A *
53,859
1,691,173
ServiceNow, Inc. *
67,594
51,736,448
Smartsheet, Inc., Class A *
44,429
1,997,972
Snowflake, Inc., Class A *
108,743
21,274,480
Splunk, Inc. *
51,129
7,841,655
SPS Commerce, Inc. *
11,983
2,202,475
Synopsys, Inc. *
50,123
26,733,102
Tenable Holdings, Inc. *
38,159
1,797,289
Teradata Corp. *
32,845
1,516,782
Twilio, Inc., Class A *
59,441
4,180,485
Tyler Technologies, Inc. *
13,842
5,851,705
UiPath, Inc., Class A *
135,347
3,110,274
Unity Software, Inc. *
79,311
2,569,676
VeriSign, Inc. *
29,096
5,786,612
Workday, Inc., Class A *
68,268
19,870,767
Workiva, Inc., Class A *
15,581
1,448,098
SECURITY
NUMBER
OF SHARES
VALUE ($)
Zoom Video Communications, Inc.,
Class A *
83,935
5,423,040
Zscaler, Inc. *
29,143
6,868,131
 
1,902,089,112
 
Technology Hardware & Equipment 7.8%
Advanced Energy Industries, Inc.
12,551
1,307,563
Amphenol Corp., Class A
197,184
19,935,302
Apple, Inc.
4,819,336
888,685,559
Arista Networks, Inc. *
83,071
21,488,806
Arrow Electronics, Inc. *
17,504
1,945,570
Avnet, Inc.
30,117
1,364,300
Badger Meter, Inc.
9,639
1,387,920
CDW Corp.
44,222
10,026,012
Ciena Corp. *
49,018
2,597,954
Cisco Systems, Inc.
1,335,225
67,001,591
Cognex Corp.
57,459
2,076,568
Coherent Corp. *
42,891
2,039,038
Corning, Inc.
252,692
8,209,963
Dell Technologies, Inc., Class C
83,504
6,920,812
F5, Inc. *
19,564
3,593,907
Fabrinet *
11,889
2,538,420
Hewlett Packard Enterprise Co.
422,970
6,467,211
HP, Inc.
286,288
8,219,329
Insight Enterprises, Inc. *
9,084
1,678,178
IPG Photonics Corp. *
9,544
934,262
Jabil, Inc.
42,231
5,291,122
Juniper Networks, Inc.
103,618
3,829,721
Keysight Technologies, Inc. *
58,288
8,933,219
Littelfuse, Inc.
8,248
1,995,191
Motorola Solutions, Inc.
54,786
17,504,127
NetApp, Inc.
68,390
5,963,608
Novanta, Inc. *
11,729
1,812,717
Pure Storage, Inc., Class A *
97,659
3,905,384
Seagate Technology Holdings PLC
64,130
5,494,658
Super Micro Computer, Inc. *
15,288
8,096,678
TD SYNNEX Corp.
18,986
1,898,220
TE Connectivity Ltd.
102,559
14,582,864
Teledyne Technologies, Inc. *
15,542
6,503,861
Trimble, Inc. *
81,822
4,161,467
Ubiquiti, Inc.
1,380
173,521
Vontier Corp.
51,143
1,769,036
Western Digital Corp. *
106,896
6,119,796
Zebra Technologies Corp., Class A *
16,966
4,064,205
 
1,160,517,660
 
Telecommunication Services 0.9%
AT&T, Inc.
2,354,211
41,645,993
GCI Liberty, Inc. *(c)
32,171
0
Iridium Communications, Inc.
41,371
1,500,112
Liberty Global Ltd., Class C *
63,255
1,324,560
T-Mobile U.S., Inc.
167,543
27,012,958
Verizon Communications, Inc.
1,386,254
58,707,857
 
130,191,480
 
Transportation 1.7%
Alaska Air Group, Inc. *
42,500
1,522,775
American Airlines Group, Inc. *
215,056
3,060,247
Avis Budget Group, Inc.
6,097
998,140
CH Robinson Worldwide, Inc.
38,234
3,215,097
CSX Corp.
650,312
23,216,138
Delta Air Lines, Inc.
212,280
8,308,639
Expeditors International of
Washington, Inc.
47,969
6,059,924
FedEx Corp.
76,332
18,418,148
GXO Logistics, Inc. *
39,400
2,142,572
14  

Schwab 1000 Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Hertz Global Holdings, Inc. *
44,500
371,575
JB Hunt Transport Services, Inc.
26,742
5,374,607
Joby Aviation, Inc. *
121,223
661,878
Kirby Corp. *
19,683
1,548,265
Knight-Swift Transportation
Holdings, Inc.
53,305
3,058,641
Landstar System, Inc.
11,995
2,299,681
Lyft, Inc., Class A *
113,445
1,416,928
Norfolk Southern Corp.
74,435
17,510,089
Old Dominion Freight Line, Inc.
29,529
11,546,430
Ryder System, Inc.
14,304
1,624,505
Saia, Inc. *
8,786
3,958,796
Southwest Airlines Co.
197,380
5,899,688
Uber Technologies, Inc. *
678,470
44,283,737
U-Haul Holding Co. - Non Voting
32,657
2,085,803
Union Pacific Corp.
200,698
48,956,263
United Airlines Holdings, Inc. *
108,718
4,498,751
United Parcel Service, Inc., Class B
238,629
33,861,455
XPO, Inc. *
38,277
3,270,387
 
259,169,159
 
Utilities 2.1%
AES Corp.
220,912
3,684,812
Alliant Energy Corp.
83,132
4,045,203
Ameren Corp.
86,646
6,027,962
American Electric Power Co., Inc.
173,683
13,571,590
American Water Works Co., Inc.
64,288
7,972,998
Atmos Energy Corp.
49,137
5,598,670
Avangrid, Inc.
23,070
700,867
CenterPoint Energy, Inc.
208,319
5,820,433
CMS Energy Corp.
96,313
5,505,251
Consolidated Edison, Inc.
113,712
10,336,421
Constellation Energy Corp.
105,312
12,848,064
Dominion Energy, Inc.
275,953
12,616,571
DTE Energy Co.
68,021
7,170,774
Duke Energy Corp.
253,909
24,332,099
Edison International
126,604
8,543,238
Entergy Corp.
69,751
6,958,360
Essential Utilities, Inc.
83,448
2,992,445
Evergy, Inc.
76,061
3,861,617
Eversource Energy
114,259
6,195,123
Exelon Corp.
328,286
11,427,636
FirstEnergy Corp.
168,791
6,191,254
IDACORP, Inc.
16,635
1,540,068
National Fuel Gas Co.
30,584
1,442,341
NextEra Energy, Inc.
676,476
39,661,788
NiSource, Inc.
136,452
3,543,658
NRG Energy, Inc.
74,496
3,951,268
OGE Energy Corp.
66,167
2,199,391
Ormat Technologies, Inc.
18,202
1,177,305
PG&E Corp.
703,684
11,871,149
Pinnacle West Capital Corp.
37,505
2,584,095
Portland General Electric Co.
33,396
1,366,898
SECURITY
NUMBER
OF SHARES
VALUE ($)
PPL Corp.
243,968
6,391,962
Public Service Enterprise Group, Inc.
163,759
9,496,384
Sempra
207,992
14,883,908
Southern Co.
359,212
24,972,418
Southwest Gas Holdings, Inc.
19,818
1,162,920
UGI Corp.
68,171
1,509,306
Vistra Corp.
111,073
4,557,325
WEC Energy Group, Inc.
104,247
8,418,988
Xcel Energy, Inc.
181,623
10,873,769
 
318,006,329
Total Common Stocks
(Cost $3,359,723,879)
14,774,293,955
 
 
 
SHORT-TERM INVESTMENTS 0.4% OF NET ASSETS
 
Money Market Funds 0.4%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (d)
55,886,969
55,886,969
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (d)(e)
5,180,405
5,180,405
 
61,067,374
Total Short-Term Investments
(Cost $61,067,374)
61,067,374
Total Investments in Securities
(Cost $3,420,791,253)
14,835,361,329
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 500 Index, e-mini, expires
03/15/24
280
68,187,000
1,170,102
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$5,004,953.
(b)
Issuer is affiliated with the fund’s investment adviser.
(c)
Fair valued using significant unobservable inputs (see notes to portfolio
holdings 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 January 31, 2024:
SECURITY
VALUE AT
10/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
1/31/24
BALANCE
OF SHARES
HELD AT
1/31/24
DIVIDENDS
RECEIVED
COMMON STOCKS 0.2% OF NET ASSETS
 
Financial Services 0.2%
Charles Schwab Corp.
$25,223,788
$145,108
$
$
$5,273,144
$30,642,040
487,000
$121,425

  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 January 31, 2024 (see notes to portfolio holdings for additional information):
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 Stocks 1
$14,644,102,475
$
$
$14,644,102,475
Telecommunication Services
130,191,480
0
*
130,191,480
Short-Term Investments 1
61,067,374
61,067,374
Futures Contracts 2
1,170,102
1,170,102
Total
$14,836,531,431
$—
$0
$14,836,531,431
*
Level 3 amount shown includes securities determined to have no value at January 31, 2024.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
16  

Schwab Capital Trust
Schwab Small-Cap Index Fund
Portfolio Holdings as of January 31, 2024 (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 1.4%
Adient PLC *
216,860
7,527,211
American Axle & Manufacturing
Holdings, Inc. *
263,203
2,129,312
Atmus Filtration Technologies, Inc. *(a)
38,038
849,389
Cooper-Standard Holdings, Inc. *
38,477
676,810
Dana, Inc.
301,454
4,087,716
Dorman Products, Inc. *
60,923
4,959,741
Fisker, Inc. *(a)
483,340
387,832
Fox Factory Holding Corp. *
98,917
6,235,728
Gentherm, Inc. *
75,772
3,648,422
Goodyear Tire & Rubber Co. *
650,822
9,072,459
Holley, Inc. *
122,088
582,360
LCI Industries
57,303
6,376,678
Livewire Group, Inc., Class A *(a)
44,591
442,343
Luminar Technologies, Inc., Class A *(a)
627,482
1,706,751
Modine Manufacturing Co. *
119,350
8,245,891
Patrick Industries, Inc.
49,456
4,964,888
Solid Power, Inc. *
354,285
573,942
Standard Motor Products, Inc.
47,590
1,920,257
Stoneridge, Inc. *
61,766
1,098,817
Visteon Corp. *
63,791
7,354,464
Winnebago Industries, Inc.
67,059
4,407,117
Workhorse Group, Inc. *
500,432
132,614
XPEL, Inc. *
52,307
2,795,809
 
80,176,551
 
Banks 9.2%
1st Source Corp.
38,405
2,007,429
ACNB Corp.
19,184
748,752
Amalgamated Financial Corp.
40,866
1,085,401
Amerant Bancorp, Inc.
59,902
1,354,384
American National Bankshares, Inc.
23,588
1,068,301
Ameris Bancorp
153,396
7,614,577
Ames National Corp.
19,703
416,521
Arrow Financial Corp.
33,861
852,959
Associated Banc-Corp.
350,402
7,361,946
Atlantic Union Bankshares Corp.
173,598
5,930,108
Axos Financial, Inc. *
128,365
7,115,272
Banc of California, Inc.
303,362
4,180,328
BancFirst Corp.
51,015
4,515,338
Bancorp, Inc. *
120,277
5,248,888
Bank First Corp.
21,844
1,844,507
Bank of Hawaii Corp.
90,925
5,749,188
Bank of Marin Bancorp
36,102
706,877
Bank of NT Butterfield & Son Ltd.
112,160
3,401,813
Bank7 Corp.
8,538
238,637
BankUnited, Inc.
172,395
4,871,883
Bankwell Financial Group, Inc.
13,580
376,845
Banner Corp.
79,081
3,683,593
Bar Harbor Bankshares
34,202
899,855
BayCom Corp.
26,203
534,803
SECURITY
NUMBER
OF SHARES
VALUE ($)
BCB Bancorp, Inc.
35,520
441,158
Berkshire Hills Bancorp, Inc.
100,511
2,412,264
Blue Foundry Bancorp *
53,142
506,975
Blue Ridge Bankshares, Inc. *(a)
40,458
101,145
Bridgewater Bancshares, Inc. *
46,748
584,817
Brookline Bancorp, Inc.
201,724
2,182,654
Burke & Herbert Financial Services
Corp.
14,724
859,882
Business First Bancshares, Inc.
56,186
1,266,994
Byline Bancorp, Inc.
57,529
1,256,433
C&F Financial Corp.
7,510
416,805
Cadence Bank
422,302
11,241,679
Cambridge Bancorp
17,572
1,205,263
Camden National Corp.
33,158
1,194,683
Capital Bancorp, Inc.
22,071
480,265
Capital City Bank Group, Inc.
30,711
877,720
Capitol Federal Financial, Inc.
294,869
1,869,469
Capstar Financial Holdings, Inc.
44,839
815,621
Carter Bankshares, Inc. *
52,229
755,231
Cathay General Bancorp
161,014
6,628,946
Central Pacific Financial Corp.
61,763
1,190,173
Central Valley Community Bancorp
22,845
443,650
Chemung Financial Corp.
8,015
372,858
ChoiceOne Financial Services, Inc.
15,973
426,160
Citizens & Northern Corp.
34,639
702,133
Citizens Financial Services, Inc.
8,765
513,191
City Holding Co.
34,340
3,509,891
Civista Bancshares, Inc.
35,430
605,499
CNB Financial Corp.
48,199
1,029,049
Coastal Financial Corp. *
25,147
1,003,365
Codorus Valley Bancorp, Inc.
21,960
517,597
Colony Bankcorp, Inc.
37,758
461,780
Columbia Financial, Inc. *
68,823
1,237,438
Community Bank System, Inc.
123,405
5,648,247
Community Trust Bancorp, Inc.
35,921
1,490,722
ConnectOne Bancorp, Inc.
85,364
1,949,714
CrossFirst Bankshares, Inc. *
105,718
1,492,738
Customers Bancorp, Inc. *
66,178
3,536,552
CVB Financial Corp.
308,506
5,173,646
Dime Community Bancshares, Inc.
81,419
1,857,167
Eagle Bancorp, Inc.
68,172
1,689,984
Eastern Bankshares, Inc.
358,424
5,003,599
Enterprise Bancorp, Inc.
22,352
635,244
Enterprise Financial Services Corp.
83,877
3,491,800
Equity Bancshares, Inc., Class A
33,905
1,113,779
Esquire Financial Holdings, Inc.
15,698
782,702
ESSA Bancorp, Inc.
19,870
377,729
Evans Bancorp, Inc.
11,987
353,257
Farmers & Merchants Bancorp, Inc.
29,405
664,553
Farmers National Banc Corp.
83,622
1,147,294
FB Financial Corp.
81,879
3,049,993
Fidelity D&D Bancorp, Inc.
10,667
530,577
Financial Institutions, Inc.
34,817
727,675
First BanCorp
397,444
6,629,366
First Bancorp, Inc.
22,376
559,400
First Bancorp/Southern Pines NC
92,538
3,198,113
  17

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
First Bancshares, Inc.
71,355
1,814,558
First Bank
47,354
650,644
First Busey Corp.
119,808
2,820,280
First Business Financial Services, Inc.
17,986
661,345
First Commonwealth Financial Corp.
237,087
3,321,589
First Community Bankshares, Inc.
39,659
1,359,511
First Community Corp.
16,859
315,263
First Financial Bancorp
217,826
4,883,659
First Financial Bankshares, Inc.
302,070
9,433,646
First Financial Corp.
26,444
1,042,422
First Foundation, Inc.
117,391
1,117,562
First Interstate BancSystem, Inc.,
Class A
191,029
5,257,118
First Merchants Corp.
136,696
4,621,692
First Mid Bancshares, Inc.
51,471
1,619,792
First of Long Island Corp.
48,848
587,153
First Western Financial, Inc. *
18,176
309,901
Five Star Bancorp
29,245
696,908
Flushing Financial Corp.
64,046
1,026,657
FS Bancorp, Inc.
15,155
558,007
Fulton Financial Corp.
371,580
5,792,932
FVCBankcorp, Inc. *
36,756
450,996
German American Bancorp, Inc.
64,708
2,143,776
Glacier Bancorp, Inc.
258,559
9,995,891
Great Southern Bancorp, Inc.
20,419
1,063,626
Greene County Bancorp, Inc.
16,070
401,750
Guaranty Bancshares, Inc.
19,319
589,036
Hancock Whitney Corp.
201,192
9,075,771
Hanmi Financial Corp.
70,691
1,184,074
HarborOne Bancorp, Inc.
94,779
1,034,987
HBT Financial, Inc.
30,748
598,664
Heartland Financial USA, Inc.
97,802
3,469,037
Heritage Commerce Corp.
137,423
1,221,690
Heritage Financial Corp.
79,933
1,610,650
Hilltop Holdings, Inc.
108,202
3,407,281
Hingham Institution For Savings (a)
3,464
640,355
Home Bancorp, Inc.
16,575
660,017
Home BancShares, Inc.
442,105
10,362,941
HomeStreet, Inc.
41,302
568,316
HomeTrust Bancshares, Inc.
34,004
923,209
Hope Bancorp, Inc.
266,473
2,952,521
Horizon Bancorp, Inc.
100,236
1,314,094
Independent Bank Corp.
102,442
5,745,972
Independent Bank Corp./MI
46,353
1,179,220
Independent Bank Group, Inc.
83,689
4,046,363
International Bancshares Corp.
124,465
6,579,220
John Marshall Bancorp, Inc.
28,487
541,253
Kearny Financial Corp.
129,717
937,854
Lakeland Bancorp, Inc.
143,994
1,913,680
Lakeland Financial Corp.
57,649
3,860,177
LCNB Corp.
24,178
357,109
Live Oak Bancshares, Inc.
77,786
2,829,077
Luther Burbank Corp. *
23,709
227,606
Macatawa Bank Corp.
60,449
644,386
MainStreet Bancshares, Inc.
15,928
294,987
Mercantile Bank Corp.
36,487
1,462,764
Metrocity Bankshares, Inc.
41,911
1,001,673
Metropolitan Bank Holding Corp. *
23,890
1,158,426
Mid Penn Bancorp, Inc.
32,620
697,416
Middlefield Banc Corp.
17,969
474,382
Midland States Bancorp, Inc.
48,036
1,261,425
MidWestOne Financial Group, Inc.
32,722
834,411
MVB Financial Corp.
25,950
556,109
National Bank Holdings Corp., Class A
85,715
3,000,025
National Bankshares, Inc.
13,212
426,219
NBT Bancorp, Inc.
106,132
3,775,115
Nicolet Bankshares, Inc.
29,680
2,308,214
Northeast Bank
15,763
864,285
Northeast Community Bancorp, Inc.
29,001
499,687
SECURITY
NUMBER
OF SHARES
VALUE ($)
Northfield Bancorp, Inc.
92,861
1,117,118
Northrim BanCorp, Inc.
12,716
642,539
Northwest Bancshares, Inc.
294,984
3,648,952
Norwood Financial Corp.
16,877
462,261
Oak Valley Bancorp
15,395
401,040
OceanFirst Financial Corp.
134,503
2,317,487
OFG Bancorp
106,643
3,921,263
Old National Bancorp
678,978
11,182,768
Old Second Bancorp, Inc.
100,505
1,368,878
Orange County Bancorp, Inc.
11,677
566,802
Origin Bancorp, Inc.
67,343
2,053,962
Orrstown Financial Services, Inc.
23,501
650,508
Pacific Premier Bancorp, Inc.
219,401
5,566,203
Park National Corp.
33,208
4,339,621
Parke Bancorp, Inc.
23,991
444,073
Pathward Financial, Inc.
60,283
3,121,454
PCB Bancorp
24,946
417,846
Peapack-Gladstone Financial Corp.
39,596
1,092,058
Penns Woods Bancorp, Inc.
15,676
337,975
Peoples Bancorp, Inc.
80,640
2,362,752
Peoples Financial Services Corp.
15,898
694,902
Pioneer Bancorp, Inc. *
26,534
258,707
Plumas Bancorp
12,503
441,106
Ponce Financial Group, Inc. *
46,752
423,573
Preferred Bank
29,887
2,147,082
Premier Financial Corp.
81,942
1,711,768
Primis Financial Corp.
46,338
611,662
Princeton Bancorp, Inc.
11,623
379,607
Provident Financial Services, Inc.
170,628
2,823,893
QCR Holdings, Inc.
38,330
2,238,855
RBB Bancorp
38,622
683,223
Red River Bancshares, Inc.
11,017
564,181
Renasant Corp.
127,823
4,043,041
Republic Bancorp, Inc., Class A
19,703
1,008,597
S&T Bancorp, Inc.
88,149
2,938,888
Sandy Spring Bancorp, Inc.
101,121
2,465,330
Seacoast Banking Corp. of Florida
194,789
4,784,018
ServisFirst Bancshares, Inc.
117,781
7,907,816
Shore Bancshares, Inc.
68,453
885,782
Sierra Bancorp
31,277
648,998
Simmons First National Corp., Class A
286,949
5,454,900
SmartFinancial, Inc.
36,269
843,617
South Plains Financial, Inc.
27,028
731,918
Southern First Bancshares, Inc. *
17,543
657,687
Southern Missouri Bancorp, Inc.
21,909
955,451
Southern States Bancshares, Inc.
17,156
438,507
Southside Bancshares, Inc.
66,363
2,077,162
SouthState Corp.
176,354
14,655,017
Stellar Bancorp, Inc.
112,347
2,812,045
Sterling Bancorp, Inc. *
52,754
285,399
Stock Yards Bancorp, Inc.
63,137
3,139,172
Summit Financial Group, Inc.
25,643
725,440
Texas Capital Bancshares, Inc. *
110,898
6,764,778
Third Coast Bancshares, Inc. *
30,195
573,705
Timberland Bancorp, Inc.
17,272
483,098
Tompkins Financial Corp.
32,013
1,581,122
Towne Bank
162,229
4,560,257
TriCo Bancshares
72,290
2,627,742
Triumph Financial, Inc. *
51,541
3,641,372
TrustCo Bank Corp.
43,114
1,245,995
Trustmark Corp.
140,910
3,803,161
UMB Financial Corp.
102,371
8,445,607
United Bankshares, Inc.
303,325
10,874,201
United Community Banks, Inc.
267,197
7,305,166
Unity Bancorp, Inc.
16,909
463,138
Univest Financial Corp.
67,183
1,426,967
USCB Financial Holdings, Inc. *
24,056
291,799
Valley National Bancorp
1,000,702
9,626,753
Veritex Holdings, Inc.
121,079
2,543,870
18  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Virginia National Bankshares Corp.
10,808
356,772
WaFd, Inc.
149,051
4,328,441
Washington Trust Bancorp, Inc.
38,812
1,079,362
WesBanco, Inc.
133,528
3,917,712
West BanCorp, Inc.
37,167
699,111
Westamerica BanCorp
59,784
2,852,892
WSFS Financial Corp.
141,920
6,316,859
 
521,322,004
 
Capital Goods 11.6%
374Water, Inc. *(a)
135,387
162,464
3D Systems Corp. *
302,186
1,447,471
AAON, Inc.
156,961
11,012,384
AAR Corp. *
78,561
4,778,080
AeroVironment, Inc. *
60,345
7,280,021
AerSale Corp. *
58,483
543,892
Alamo Group, Inc.
23,380
4,963,106
Albany International Corp., Class A
72,535
6,449,087
Allient, Inc.
29,872
832,234
Alta Equipment Group, Inc.
53,314
570,460
Ameresco, Inc., Class A *
74,070
1,513,250
American Woodmark Corp. *
37,846
3,454,583
Amprius Technologies, Inc. *
12,291
50,270
API Group Corp. *
484,241
15,263,276
Apogee Enterprises, Inc.
51,419
2,715,437
Applied Industrial Technologies, Inc.
89,326
15,762,466
Archer Aviation, Inc., Class A *(a)
353,573
1,707,758
Arcosa, Inc.
112,422
8,800,394
Argan, Inc.
29,396
1,303,125
Array Technologies, Inc. *
350,081
4,635,072
Astec Industries, Inc.
52,868
1,882,101
Astronics Corp. *
60,294
1,019,572
Atkore, Inc. *
87,718
13,379,627
AZZ, Inc.
57,323
3,579,821
Babcock & Wilcox Enterprises, Inc. *
140,086
184,914
Barnes Group, Inc.
113,210
3,748,383
Beacon Roofing Supply, Inc. *
146,352
12,131,117
Blink Charging Co. *(a)
125,706
301,694
Bloom Energy Corp., Class A *
446,471
5,054,052
Blue Bird Corp. *
58,494
1,703,930
BlueLinx Holdings, Inc. *
19,542
2,253,974
Boise Cascade Co.
92,011
12,463,810
Bowman Consulting Group Ltd.,
Class A *
25,032
786,255
Brookfield Business Corp., Class A
59,525
1,367,289
Cadre Holdings, Inc.
44,593
1,515,716
Chart Industries, Inc. *
99,568
11,621,577
Columbus McKinnon Corp.
65,624
2,563,930
Comfort Systems USA, Inc.
81,958
17,823,406
Commercial Vehicle Group, Inc. *
73,434
476,587
Concrete Pumping Holdings, Inc. *
59,286
457,688
Construction Partners, Inc., Class A *
93,163
4,238,916
CSW Industrials, Inc.
35,737
7,560,877
Custom Truck One Source, Inc. *
132,151
864,268
Desktop Metal, Inc., Class A *(a)
650,004
421,658
Distribution Solutions Group, Inc. *
23,140
738,629
DNOW Inc *
247,704
2,499,333
Douglas Dynamics, Inc.
52,192
1,312,629
Dragonfly Energy Holdings Corp. *
64,702
30,410
Ducommun, Inc. *
30,861
1,522,990
DXP Enterprises, Inc. *
31,367
1,010,645
Dycom Industries, Inc. *
66,248
7,399,902
Encore Wire Corp.
34,844
7,857,322
Energy Recovery, Inc. *
129,499
2,008,529
Energy Vault Holdings, Inc. *(a)
224,131
340,679
Enerpac Tool Group Corp., Class A
126,067
3,937,072
EnerSys
95,596
9,136,110
Enovix Corp. *(a)
320,289
2,981,891
SECURITY
NUMBER
OF SHARES
VALUE ($)
Enpro, Inc.
48,579
7,256,731
Eos Energy Enterprises, Inc. *(a)
244,036
270,880
ESCO Technologies, Inc.
59,173
6,027,954
ESS Tech, Inc. *(a)
201,873
207,929
Eve Holding, Inc. *(a)
41,374
256,519
EVI Industries, Inc.
10,804
249,464
Federal Signal Corp.
138,485
10,660,575
Fluence Energy, Inc. *
135,488
2,692,147
Fluor Corp. *
330,295
12,455,424
Franklin Electric Co., Inc.
106,986
10,084,500
FTAI Aviation Ltd.
230,046
12,410,982
FTC Solar, Inc. *
145,416
72,926
FuelCell Energy, Inc. *(a)
1,051,486
1,261,783
GATX Corp.
82,231
10,085,632
Gencor Industries, Inc. *
24,095
375,882
Gibraltar Industries, Inc. *
70,576
5,711,010
Global Industrial Co.
30,097
1,280,025
GMS, Inc. *
94,763
7,975,254
Gorman-Rupp Co.
52,916
1,766,865
GrafTech International Ltd.
453,900
603,687
Granite Construction, Inc.
102,182
4,609,430
Great Lakes Dredge & Dock Corp. *
152,054
1,161,693
Greenbrier Cos., Inc.
70,350
3,198,111
Griffon Corp.
96,797
5,639,393
H&E Equipment Services, Inc.
74,344
3,998,964
Helios Technologies, Inc.
76,633
3,161,878
Herc Holdings, Inc.
65,489
9,658,973
Hillenbrand, Inc.
161,904
7,539,869
Hillman Solutions Corp. *
450,472
3,959,649
Hudson Technologies, Inc. *
102,311
1,297,303
Hyliion Holdings Corp. *
381,569
400,647
Hyster-Yale Materials Handling, Inc.
25,712
1,689,793
IES Holdings, Inc. *
19,063
1,562,403
INNOVATE Corp. *
125,932
113,843
Insteel Industries, Inc.
43,385
1,502,423
Janus International Group, Inc. *
195,694
2,769,070
JELD-WEN Holding, Inc. *
196,651
3,657,709
John Bean Technologies Corp.
73,846
7,293,031
Kadant, Inc.
27,104
7,751,744
Kaman Corp.
65,045
2,930,277
Karat Packaging, Inc.
15,653
377,550
Kennametal, Inc.
186,175
4,565,011
Kratos Defense & Security Solutions,
Inc. *
294,649
4,988,408
Leonardo DRS, Inc. *
159,378
3,093,527
Limbach Holdings, Inc. *
21,062
905,666
Lindsay Corp.
25,594
3,330,035
LSI Industries, Inc.
64,656
883,201
Luxfer Holdings PLC
62,745
516,391
Manitowoc Co., Inc. *
80,626
1,298,079
Masonite International Corp. *
51,432
4,734,316
Masterbrand, Inc. *
299,681
4,216,512
Mayville Engineering Co., Inc. *
25,193
319,699
McGrath RentCorp
57,038
7,166,825
Microvast Holdings, Inc. *(a)
496,170
465,407
Miller Industries, Inc.
25,846
1,040,301
Moog, Inc., Class A
65,766
9,194,087
MRC Global, Inc. *
193,369
2,061,314
Mueller Industries, Inc.
259,559
12,458,832
Mueller Water Products, Inc., Class A
359,880
4,933,955
MYR Group, Inc. *
37,976
5,462,848
National Presto Industries, Inc.
11,814
935,314
NEXTracker, Inc., Class A *
291,247
13,184,752
Nikola Corp. *(a)
1,459,384
1,090,598
Northwest Pipe Co. *
22,377
679,589
NuScale Power Corp. *(a)
126,882
366,689
Omega Flex, Inc.
7,464
520,689
Park Aerospace Corp.
43,058
635,105
Park-Ohio Holdings Corp.
20,304
502,321
  19

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
PGT Innovations, Inc. *
131,546
5,422,326
Powell Industries, Inc.
21,249
2,518,644
Preformed Line Products Co.
5,778
706,360
Primoris Services Corp.
123,057
4,036,270
Proto Labs, Inc. *
61,096
2,204,955
Quanex Building Products Corp.
76,217
2,379,495
Redwire Corp. *(a)
17,938
52,020
Resideo Technologies, Inc. *
339,508
5,693,549
REV Group, Inc.
74,022
1,444,909
Rocket Lab USA, Inc. *
645,888
3,132,557
Rush Enterprises, Inc., Class A
142,775
6,412,025
Rush Enterprises, Inc., Class B
21,308
1,007,229
SES AI Corp. *
283,373
371,219
Shoals Technologies Group, Inc.,
Class A *
397,202
5,231,150
Shyft Group, Inc.
77,174
835,794
Simpson Manufacturing Co., Inc.
99,360
17,983,166
SKYX Platforms Corp. *(a)
147,033
220,549
Southland Holdings, Inc. *
7,398
36,250
SPX Technologies, Inc. *
102,018
10,267,092
Standex International Corp.
27,321
4,034,219
Stem, Inc. *(a)
328,790
973,218
Sterling Infrastructure, Inc. *
69,382
5,210,588
SunPower Corp. *(a)
201,271
609,851
Tennant Co.
42,961
4,060,674
Terex Corp.
153,685
9,440,870
Terran Orbital Corp. *
232,202
192,194
Textainer Group Holdings Ltd.
93,392
4,636,913
Thermon Group Holdings, Inc. *
77,126
2,528,190
Titan International, Inc. *
120,826
1,783,392
Titan Machinery, Inc. *
47,688
1,274,700
TPI Composites, Inc. *(a)
96,647
260,947
Transcat, Inc. *
18,943
2,084,488
Trinity Industries, Inc.
188,087
4,728,507
Triumph Group, Inc. *
149,548
2,422,678
Tutor Perini Corp. *
97,302
871,826
UFP Industries, Inc.
139,025
15,772,386
V2X, Inc. *
26,672
1,037,274
Velo3D, Inc. *
203,467
63,787
Vicor Corp. *
51,368
1,935,033
Virgin Galactic Holdings, Inc. *
758,609
1,350,324
Wabash National Corp.
106,341
2,690,427
Watts Water Technologies, Inc., Class A
63,314
12,536,805
Willis Lease Finance Corp. *
6,688
327,779
Xometry, Inc., Class A *
78,651
2,530,989
Zurn Elkay Water Solutions Corp.
342,909
10,167,252
 
660,432,396
 
Commercial & Professional Services 4.1%
ABM Industries, Inc.
153,116
6,245,602
ACCO Brands Corp.
214,469
1,303,972
ACV Auctions, Inc., Class A *
293,950
3,812,532
Alight, Inc., Class A *
957,875
8,544,245
Aris Water Solutions, Inc., Class A
68,341
594,567
ASGN, Inc. *
109,579
10,171,123
Asure Software, Inc. *
53,162
469,952
Barrett Business Services, Inc.
15,216
1,708,300
Blacksky Technology, Inc. *(a)
286,430
363,766
BrightView Holdings, Inc. *
94,360
842,635
Brink's Co.
106,679
8,623,930
Casella Waste Systems, Inc., Class A *
130,852
11,166,910
CBIZ, Inc. *
110,685
7,046,207
CECO Environmental Corp. *
69,503
1,343,493
Cimpress PLC *
41,838
3,147,054
CompX International, Inc.
3,409
82,225
Conduent, Inc. *
399,341
1,437,628
CoreCivic, Inc. *
264,037
3,754,606
CRA International, Inc.
15,679
1,681,416
SECURITY
NUMBER
OF SHARES
VALUE ($)
CSG Systems International, Inc.
72,920
3,668,605
Deluxe Corp.
100,101
1,892,910
Ennis, Inc.
59,108
1,204,030
Enviri Corp. *
182,028
1,567,261
ExlService Holdings, Inc. *
374,648
11,718,989
Exponent, Inc.
117,039
10,321,669
First Advantage Corp.
124,586
2,039,473
FiscalNote Holdings, Inc. *
142,336
176,497
Forrester Research, Inc. *
27,766
707,478
Franklin Covey Co. *
26,885
1,087,229
GEO Group, Inc. *
278,391
3,095,708
Healthcare Services Group, Inc. *
173,947
1,642,060
Heidrick & Struggles International, Inc.
45,960
1,377,421
HireQuest, Inc.
12,249
162,912
HireRight Holdings Corp. *
31,838
394,791
HNI Corp.
107,054
4,359,239
Huron Consulting Group, Inc. *
43,979
4,553,146
IBEX Holdings Ltd. *
21,566
388,619
ICF International, Inc.
43,336
6,025,437
Innodata, Inc. *
60,590
628,318
Insperity, Inc.
82,452
9,456,420
Interface, Inc., Class A
132,902
1,649,314
Kelly Services, Inc., Class A
72,173
1,483,155
Kforce, Inc.
44,252
3,024,624
Korn Ferry
120,750
7,084,402
LanzaTech Global, Inc. *(a)
47,134
205,269
Legalzoom.com, Inc. *
273,807
2,822,950
Li-Cycle Holdings Corp. *
318,432
136,958
Liquidity Services, Inc. *
52,661
918,934
Matthews International Corp., Class A
68,751
2,261,908
Maximus, Inc.
140,970
11,435,486
MillerKnoll, Inc.
170,545
4,534,792
Mistras Group, Inc. *
47,603
369,875
Montrose Environmental Group, Inc. *
65,026
1,899,409
NL Industries, Inc.
18,784
98,616
NV5 Global, Inc. *
32,096
3,366,549
OPENLANE, Inc. *
249,416
3,511,777
Parsons Corp. *
95,656
6,231,988
Performant Financial Corp. *
153,846
433,846
Pitney Bowes, Inc.
406,305
1,669,914
Planet Labs PBC *
404,805
914,859
Quad/Graphics, Inc. *
70,560
385,258
Resources Connection, Inc.
75,842
1,020,833
Skillsoft Corp. *
10,299
144,392
SP Plus Corp. *
45,130
2,334,575
Steelcase, Inc., Class A
214,036
2,713,976
Sterling Check Corp. *
72,439
988,068
TriNet Group, Inc. *
74,234
8,440,406
TrueBlue, Inc. *
70,434
970,581
TTEC Holdings, Inc.
44,925
915,572
UniFirst Corp.
34,696
5,878,196
Upwork, Inc. *
289,170
3,964,521
Verra Mobility Corp., Class A *
322,563
7,712,481
Viad Corp. *
46,782
1,546,613
VSE Corp.
30,451
1,891,312
Willdan Group, Inc. *
27,961
535,174
 
232,304,958
 
Consumer Discretionary Distribution & Retail 2.6%
1-800-Flowers.com, Inc., Class A *
59,555
619,372
Aaron's Co., Inc.
70,517
725,620
Abercrombie & Fitch Co., Class A *
113,161
11,531,106
Academy Sports & Outdoors, Inc.
167,206
10,488,832
American Eagle Outfitters, Inc.
423,539
8,394,543
America's Car-Mart, Inc. *
13,741
836,689
Arko Corp.
186,780
1,456,884
Asbury Automotive Group, Inc. *
47,987
10,032,162
BARK, Inc. *
308,341
317,591
20  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Beyond, Inc. *
104,080
2,288,719
Big 5 Sporting Goods Corp. (a)
49,178
247,365
Big Lots, Inc. (a)
65,069
373,496
Boot Barn Holdings, Inc. *
68,863
4,940,232
Buckle, Inc.
70,509
2,622,230
Build-A-Bear Workshop, Inc.
30,384
684,552
Caleres, Inc.
78,442
2,460,726
Camping World Holdings, Inc., Class A
96,274
2,392,409
CarParts.com, Inc. *
129,945
349,552
Carvana Co., Class A *
222,310
9,572,669
Cato Corp., Class A
39,806
269,089
Children's Place, Inc. *
28,118
626,469
ContextLogic, Inc., Class A *
55,269
241,526
Designer Brands, Inc., Class A
99,638
853,898
Destination XL Group, Inc. *
129,962
554,938
Dillard's, Inc., Class A
8,026
3,108,229
Duluth Holdings, Inc., Class B *
31,550
153,964
Envela Corp. *
17,343
75,442
EVgo, Inc., Class A *(a)
235,755
539,879
Foot Locker, Inc.
189,821
5,345,359
Genesco, Inc. *
25,458
707,223
Group 1 Automotive, Inc.
31,644
8,229,339
GrowGeneration Corp. *
133,787
309,048
Guess?, Inc.
64,984
1,451,743
Haverty Furniture Cos., Inc.
33,587
1,138,599
Hibbett, Inc.
28,269
1,884,129
J Jill, Inc. *
10,402
242,471
Lands' End, Inc. *
34,061
322,558
Lazydays Holdings, Inc. *
17,977
88,267
Leslie's, Inc. *
413,264
2,773,001
MarineMax, Inc. *
49,339
1,381,492
Monro, Inc.
71,724
2,285,127
National Vision Holdings, Inc. *
179,952
3,420,887
ODP Corp. *
74,966
3,833,761
OneWater Marine, Inc., Class A *
26,450
667,333
PetMed Express, Inc.
49,439
307,016
Qurate Retail, Inc., Class B *
3,032
16,161
Rent the Runway, Inc., Class A *
109,914
67,509
Revolve Group, Inc. *
94,802
1,366,097
Sally Beauty Holdings, Inc. *
247,810
3,053,019
Savers Value Village, Inc. *
59,680
1,115,419
Shoe Carnival, Inc.
42,195
1,075,972
Signet Jewelers Ltd.
103,315
10,277,776
Sleep Number Corp. *
49,793
512,868
Sonic Automotive, Inc., Class A
33,865
1,712,214
Sportsman's Warehouse Holdings, Inc. *
86,556
333,241
Stitch Fix, Inc., Class A *
201,134
643,629
ThredUp, Inc., Class A *
164,143
334,031
Tile Shop Holdings, Inc. *
66,927
434,356
Tilly's, Inc., Class A *
51,150
375,441
Torrid Holdings, Inc. *(a)
27,619
142,514
Upbound Group, Inc.
127,788
4,242,562
Urban Outfitters, Inc. *
147,432
5,602,416
Warby Parker, Inc., Class A *
197,034
2,512,183
Weyco Group, Inc.
13,968
448,512
Winmark Corp.
6,581
2,373,569
Zumiez, Inc. *
36,639
629,092
 
148,414,117
 
Consumer Durables & Apparel 3.3%
Acushnet Holdings Corp.
71,272
4,514,368
Allbirds, Inc., Class A *
230,876
221,526
AMMO, Inc. *
213,559
463,423
Beazer Homes USA, Inc. *
68,227
2,166,207
Cavco Industries, Inc. *
20,199
6,704,452
Century Communities, Inc.
65,656
5,692,375
Clarus Corp.
66,909
396,101
Cricut, Inc., Class A (a)
110,371
578,344
SECURITY
NUMBER
OF SHARES
VALUE ($)
Dream Finders Homes, Inc., Class A *
56,139
1,845,289
Escalade, Inc.
22,762
365,558
Ethan Allen Interiors, Inc.
52,833
1,539,025
Figs, Inc., Class A *
298,202
1,717,644
Fossil Group, Inc. *
110,605
128,302
Funko, Inc., Class A *
83,510
590,416
G-III Apparel Group Ltd. *
95,483
2,873,083
GoPro, Inc., Class A *
291,702
869,272
Green Brick Partners, Inc. *
60,229
3,142,147
Hanesbrands, Inc. *
814,972
3,667,374
Helen of Troy Ltd. *
54,941
6,290,744
Hooker Furnishings Corp.
25,132
580,047
Hovnanian Enterprises, Inc., Class A *
11,337
1,915,613
Installed Building Products, Inc.
54,782
10,674,273
iRobot Corp. *(a)
63,783
867,449
JAKKS Pacific, Inc. *
17,356
544,284
Johnson Outdoors, Inc., Class A
12,272
549,295
KB Home
165,097
9,838,130
Kontoor Brands, Inc.
129,881
7,613,624
Landsea Homes Corp. *
46,765
588,771
Latham Group, Inc. *
88,803
224,672
La-Z-Boy, Inc.
100,803
3,508,952
Legacy Housing Corp. *
22,812
539,048
LGI Homes, Inc. *
48,083
5,674,275
Lovesac Co. *
32,088
743,158
M/I Homes, Inc. *
62,221
7,928,200
Malibu Boats, Inc., Class A *
47,330
1,976,028
Marine Products Corp.
19,228
196,318
MasterCraft Boat Holdings, Inc. *
39,134
758,026
MDC Holdings, Inc.
139,023
8,700,059
Meritage Homes Corp.
84,512
13,996,032
Movado Group, Inc.
35,114
968,444
Oxford Industries, Inc.
34,678
3,291,983
Purple Innovation, Inc., Class A
127,139
129,682
Rocky Brands, Inc.
15,946
446,169
Skyline Champion Corp. *
124,122
8,499,875
Smith & Wesson Brands, Inc.
105,487
1,377,660
Snap One Holdings Corp. *
41,194
325,433
Solo Brands, Inc., Class A *
44,960
125,438
Sonos, Inc. *
294,746
4,592,143
Steven Madden Ltd.
174,597
7,312,122
Sturm Ruger & Co., Inc.
40,753
1,779,276
Taylor Morrison Home Corp., Class A *
239,845
12,505,518
Topgolf Callaway Brands Corp. *
332,720
4,381,922
Traeger, Inc. *
81,565
178,627
Tri Pointe Homes, Inc. *
222,870
7,695,701
United Homes Group, Inc. *(a)
14,068
105,791
Vera Bradley, Inc. *
59,949
460,408
Vista Outdoor, Inc. *
133,959
3,760,229
Vizio Holding Corp., Class A *
177,587
1,243,109
VOXX International Corp., Class A *
27,479
229,450
Wolverine World Wide, Inc.
178,825
1,494,977
Worthington Enterprises, Inc.
71,170
4,059,537
 
186,145,398
 
Consumer Services 3.4%
2U, Inc. *
182,090
154,904
Accel Entertainment, Inc., Class A *
124,728
1,278,462
Adtalem Global Education, Inc. *
91,864
4,637,295
Bally's Corp. *
68,465
770,916
Biglari Holdings, Inc., Class B *
1,689
261,238
BJ's Restaurants, Inc. *
52,536
1,818,271
Bloomin' Brands, Inc.
203,387
5,414,162
Bowlero Corp., Class A *(a)
38,901
420,520
Brinker International, Inc. *
101,609
4,347,849
Carriage Services, Inc., Class A
30,682
758,152
Carrols Restaurant Group, Inc.
84,818
797,289
Century Casinos, Inc. *
62,870
218,159
  21

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Cheesecake Factory, Inc.
112,311
3,860,129
Chegg, Inc. *
263,106
2,591,594
Chuy's Holdings, Inc. *
41,668
1,408,795
Coursera, Inc. *
301,964
5,779,591
Cracker Barrel Old Country Store, Inc.
51,092
3,951,966
Dave & Buster's Entertainment, Inc. *
83,519
4,470,772
Denny's Corp. *
118,257
1,257,072
Dine Brands Global, Inc.
35,688
1,664,845
Duolingo, Inc. *
67,714
12,113,358
El Pollo Loco Holdings, Inc. *
65,447
606,039
European Wax Center, Inc., Class A *
78,946
1,171,559
Everi Holdings, Inc. *
196,136
2,041,776
First Watch Restaurant Group, Inc. *
51,369
1,102,379
Frontdoor, Inc. *
188,161
6,164,154
Full House Resorts, Inc. *
75,097
354,458
Global Business Travel Group I *
73,773
427,146
Golden Entertainment, Inc.
46,676
1,791,425
Graham Holdings Co., Class B
8,298
5,977,879
Hilton Grand Vacations, Inc. *
185,691
7,743,315
Inspired Entertainment, Inc. *
49,619
455,502
International Game Technology PLC
251,736
6,535,067
Jack in the Box, Inc.
46,823
3,650,789
Krispy Kreme, Inc.
203,139
2,699,717
Kura Sushi USA, Inc., Class A *
13,633
1,337,806
Laureate Education, Inc.
303,415
3,829,097
Life Time Group Holdings, Inc. *
103,158
1,372,001
Light & Wonder, Inc. *
211,416
16,993,618
Lincoln Educational Services Corp. *
54,578
489,019
Lindblad Expeditions Holdings, Inc. *
81,251
750,759
Monarch Casino & Resort, Inc.
31,036
2,139,312
Mondee Holdings, Inc., Class A *(a)
103,793
242,357
Nathan's Famous, Inc.
6,447
459,994
Nerdy, Inc. *
141,611
434,746
Noodles & Co., Class A *
91,768
233,091
ONE Group Hospitality, Inc. *
50,200
220,880
OneSpaWorld Holdings Ltd. *
192,856
2,628,627
Papa John's International, Inc.
76,094
5,591,387
Perdoceo Education Corp.
150,763
2,728,810
PlayAGS, Inc. *
84,314
734,375
Portillo's, Inc., Class A *
104,549
1,436,503
Potbelly Corp. *
59,521
748,774
RCI Hospitality Holdings, Inc.
20,227
1,249,220
Red Robin Gourmet Burgers, Inc. *
36,084
367,335
Red Rock Resorts, Inc., Class A
110,152
6,023,111
Rover Group, Inc., Class A *
211,117
2,309,620
Rush Street Interactive, Inc. *
149,757
780,234
Sabre Corp. *
765,500
3,138,550
SeaWorld Entertainment, Inc. *
84,072
4,153,157
Shake Shack, Inc., Class A *
87,660
6,623,590
Six Flags Entertainment Corp. *
166,904
4,207,650
Strategic Education, Inc.
52,280
4,917,457
Stride, Inc. *
98,237
5,889,308
Super Group SGHC Ltd. *
316,048
989,230
Sweetgreen, Inc., Class A *
223,902
2,391,273
Target Hospitality Corp. *
73,266
708,482
Udemy, Inc. *
203,207
2,761,583
Universal Technical Institute, Inc. *
75,444
1,065,269
WW International, Inc. *
127,364
478,889
Xponential Fitness, Inc., Class A *
59,621
659,408
 
189,781,066
 
Consumer Staples Distribution & Retail 0.6%
Andersons, Inc.
74,594
3,931,850
Chefs' Warehouse, Inc. *
81,054
2,579,138
HF Foods Group, Inc. *
92,601
463,005
Ingles Markets, Inc., Class A
32,674
2,752,784
Natural Grocers by Vitamin Cottage, Inc.
21,758
325,282
PriceSmart, Inc.
58,146
4,420,259
SECURITY
NUMBER
OF SHARES
VALUE ($)
SpartanNash Co.
80,434
1,804,135
Sprouts Farmers Market, Inc. *
235,481
11,861,178
United Natural Foods, Inc. *
134,700
2,008,377
Village Super Market, Inc., Class A
20,691
526,172
Weis Markets, Inc.
37,920
2,303,640
 
32,975,820
 
Energy 7.0%
Amplify Energy Corp. *
82,931
507,538
Archrock, Inc.
322,190
5,264,585
Ardmore Shipping Corp.
97,352
1,613,123
Atlas Energy Solutions, Inc., Class A
40,952
711,336
Berry Corp.
173,301
1,162,850
Borr Drilling Ltd. *
509,992
3,136,451
Bristow Group, Inc. *
54,604
1,440,454
Cactus, Inc., Class A
149,677
6,352,292
California Resources Corp.
161,467
7,698,747
Callon Petroleum Co. *
142,066
4,563,160
Centrus Energy Corp., Class A *
28,553
1,433,932
ChampionX Corp.
452,524
12,403,683
Chord Energy Corp.
96,883
14,896,730
Civitas Resources, Inc.
187,282
12,137,746
Clean Energy Fuels Corp. *
390,782
1,152,807
CNX Resources Corp. *
363,144
7,335,509
Comstock Resources, Inc.
213,730
1,669,231
CONSOL Energy, Inc.
70,638
6,682,355
Core Laboratories, Inc.
109,043
1,719,608
Crescent Energy Co., Class A
177,884
1,965,618
CVR Energy, Inc.
68,244
2,301,870
Delek U.S. Holdings, Inc.
148,630
4,017,469
DHT Holdings, Inc.
317,766
3,533,558
Diamond Offshore Drilling, Inc. *
235,689
2,875,406
DMC Global, Inc. *
45,749
778,648
Dorian LPG Ltd.
79,640
2,981,722
Dril-Quip, Inc. *
78,268
1,570,839
Empire Petroleum Corp. *
29,248
195,377
Encore Energy Corp. *
339,352
1,564,413
Energy Fuels, Inc. *(a)
365,079
2,756,346
Enviva, Inc.
71,575
31,364
Equitrans Midstream Corp.
1,009,638
10,288,211
Evolution Petroleum Corp.
72,903
408,986
Excelerate Energy, Inc., Class A
41,033
628,626
Expro Group Holdings NV *
207,439
3,650,926
FLEX LNG Ltd.
68,821
2,062,565
Forum Energy Technologies, Inc. *
22,424
441,977
FutureFuel Corp.
59,766
340,666
Gevo, Inc. *
532,289
497,051
Golar LNG Ltd.
232,511
5,071,065
Granite Ridge Resources, Inc.
78,342
429,314
Green Plains, Inc. *
134,322
2,784,495
Gulfport Energy Corp. *
25,869
3,282,776
Hallador Energy Co. *
52,560
448,337
Helix Energy Solutions Group, Inc. *
333,429
3,134,233
Helmerich & Payne, Inc.
225,653
9,084,790
HighPeak Energy, Inc. (a)
27,792
379,361
International Seaways, Inc.
93,820
5,032,505
Kinetik Holdings, Inc., Class A
41,991
1,365,547
KLX Energy Services Holdings, Inc. *(a)
28,956
281,452
Kodiak Gas Services, Inc.
37,068
868,133
Kosmos Energy Ltd. *
1,057,693
6,409,620
Liberty Energy, Inc., Class A
379,446
7,888,682
Magnolia Oil & Gas Corp., Class A
415,282
8,563,115
Mammoth Energy Services, Inc. *
53,242
186,879
Matador Resources Co.
262,315
14,398,470
Murphy Oil Corp.
344,006
13,313,032
Nabors Industries Ltd. *
21,320
1,803,246
NACCO Industries, Inc., Class A
9,708
352,206
Newpark Resources, Inc. *
176,424
1,144,992
22  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
NextDecade Corp. *
180,523
918,862
Noble Corp. PLC
260,803
11,509,236
Nordic American Tankers Ltd.
478,409
2,128,920
Northern Oil & Gas, Inc.
204,015
6,834,502
Oceaneering International, Inc. *
232,156
4,824,202
Oil States International, Inc. *
146,584
904,423
Overseas Shipholding Group, Inc.,
Class A
146,275
892,277
Par Pacific Holdings, Inc. *
128,010
4,683,886
Patterson-UTI Energy, Inc.
816,924
9,059,687
PBF Energy, Inc., Class A
258,535
13,058,603
Peabody Energy Corp.
264,258
7,055,689
Permian Resources Corp., Class A
902,462
12,165,188
PrimeEnergy Resources Corp. *
1,690
162,578
ProFrac Holding Corp., Class A *
60,024
474,790
ProPetro Holding Corp. *
222,452
1,881,944
Ranger Energy Services, Inc.
35,430
359,969
REX American Resources Corp. *
35,935
1,487,350
Riley Exploration Permian, Inc.
20,223
449,355
Ring Energy, Inc. *
269,790
375,008
RPC, Inc.
197,793
1,445,867
SandRidge Energy, Inc.
74,639
1,089,729
Scorpio Tankers, Inc.
110,344
7,801,321
SEACOR Marine Holdings, Inc. *
56,785
599,650
Seadrill Ltd. *
116,871
5,051,165
Select Water Solutions, Inc.
184,046
1,430,037
SFL Corp. Ltd.
267,255
3,252,493
SilverBow Resources, Inc. *
48,643
1,291,958
Sitio Royalties Corp., Class A
189,980
4,052,273
SM Energy Co.
273,852
10,154,432
Solaris Oilfield Infrastructure, Inc.,
Class A
67,085
503,137
Talos Energy, Inc. *
312,784
4,056,808
Teekay Corp. *
142,677
1,282,666
Teekay Tankers Ltd., Class A
55,105
3,446,818
Tellurian, Inc. *
1,278,280
640,418
TETRA Technologies, Inc. *
291,669
1,222,093
Tidewater, Inc. *
107,309
7,210,092
U.S. Silica Holdings, Inc. *
175,624
1,882,689
Uranium Energy Corp. *
873,915
6,676,711
VAALCO Energy, Inc.
246,635
1,050,665
Valaris Ltd. *
139,584
8,636,062
Verde Clean Fuels, Inc. *
9,811
26,097
Vertex Energy, Inc. *
154,976
226,265
Vital Energy, Inc. *
53,907
2,362,744
Vitesse Energy, Inc.
58,146
1,221,647
W&T Offshore, Inc.
231,053
702,401
Weatherford International PLC *
164,835
14,760,974
World Kinect Corp.
137,995
3,114,547
 
395,414,253
 
Equity Real Estate Investment Trusts (REITs) 5.3%
Acadia Realty Trust
217,138
3,704,374
Alexander & Baldwin, Inc.
168,363
2,916,047
Alexander's, Inc.
4,904
1,077,850
Alpine Income Property Trust, Inc.
29,791
462,952
American Assets Trust, Inc.
113,880
2,554,328
Apartment Investment & Management
Co., Class A *
338,259
2,513,264
Apple Hospitality REIT, Inc.
499,611
8,023,753
Armada Hoffler Properties, Inc.
155,633
1,861,371
Braemar Hotels & Resorts, Inc.
149,968
341,927
Brandywine Realty Trust
393,033
1,862,976
Broadstone Net Lease, Inc.
434,498
6,982,383
BRT Apartments Corp.
27,278
458,270
CareTrust REIT, Inc.
231,962
4,852,645
CBL & Associates Properties, Inc.
62,334
1,457,369
Centerspace
34,788
1,904,991
SECURITY
NUMBER
OF SHARES
VALUE ($)
Chatham Lodging Trust
112,044
1,176,462
City Office REIT, Inc.
89,169
468,137
Clipper Realty, Inc.
24,413
123,530
Community Healthcare Trust, Inc.
61,497
1,573,708
COPT Defense Properties
261,384
6,158,207
CTO Realty Growth, Inc.
51,873
857,461
DiamondRock Hospitality Co.
488,223
4,462,358
Diversified Healthcare Trust
555,429
1,594,081
Douglas Emmett, Inc.
372,826
5,051,792
Easterly Government Properties, Inc.,
Class A
221,762
2,723,237
Elme Communities
203,082
2,940,627
Empire Resorts, Inc. *(b)
8,021
19,696
Empire State Realty Trust, Inc., Class A
305,071
2,904,276
Equity Commonwealth
237,017
4,529,395
Essential Properties Realty Trust, Inc.
360,307
8,975,247
Farmland Partners, Inc.
103,163
1,157,489
Four Corners Property Trust, Inc.
209,018
4,893,111
Getty Realty Corp.
110,196
3,048,021
Gladstone Commercial Corp.
91,250
1,169,825
Gladstone Land Corp.
77,485
1,097,188
Global Medical REIT, Inc.
141,331
1,428,856
Global Net Lease, Inc.
450,130
3,803,599
Hudson Pacific Properties, Inc.
320,527
2,625,116
Independence Realty Trust, Inc.
522,915
7,681,621
Innovative Industrial Properties, Inc.
64,706
6,032,540
InvenTrust Properties Corp.
157,431
3,909,012
JBG SMITH Properties
234,491
3,751,856
Kite Realty Group Trust
504,444
10,795,102
LTC Properties, Inc.
95,137
2,965,420
LXP Industrial Trust
669,353
6,084,419
Macerich Co.
501,088
7,912,180
National Health Investors, Inc.
96,594
5,136,869
NETSTREIT Corp.
160,089
2,908,817
NexPoint Diversified Real Estate Trust
71,914
496,207
NexPoint Residential Trust, Inc.
51,999
1,588,570
Office Properties Income Trust
110,253
404,629
One Liberty Properties, Inc.
37,267
754,284
Orion Office REIT, Inc.
133,172
684,504
Outfront Media, Inc.
341,018
4,440,054
Paramount Group, Inc.
427,531
2,030,772
Peakstone Realty Trust (a)
83,515
1,209,297
Pebblebrook Hotel Trust
274,457
4,177,236
Phillips Edison & Co., Inc.
273,351
9,488,013
Physicians Realty Trust
551,609
6,751,694
Piedmont Office Realty Trust, Inc.,
Class A
285,132
1,938,898
Plymouth Industrial REIT, Inc.
102,200
2,262,708
Postal Realty Trust, Inc., Class A
47,619
671,428
PotlatchDeltic Corp.
183,393
8,203,169
Retail Opportunity Investments Corp.
284,646
3,868,339
RLJ Lodging Trust
357,401
4,138,704
Ryman Hospitality Properties, Inc.
135,118
14,849,468
Sabra Health Care REIT, Inc.
536,169
7,152,495
Safehold, Inc.
112,506
2,234,369
Saul Centers, Inc.
27,115
1,037,420
Service Properties Trust
382,015
2,952,976
SITE Centers Corp.
441,517
5,881,007
SL Green Realty Corp.
150,287
6,755,401
Summit Hotel Properties, Inc.
244,229
1,582,604
Sunstone Hotel Investors, Inc.
481,188
5,134,276
Tanger, Inc.
236,048
6,349,691
Terreno Realty Corp.
192,025
11,469,653
UMH Properties, Inc.
138,163
2,087,643
Uniti Group, Inc.
554,723
2,917,843
Universal Health Realty Income Trust
29,765
1,184,945
Urban Edge Properties
265,298
4,581,697
Veris Residential, Inc.
183,585
2,799,671
  23

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Whitestone REIT
112,759
1,456,846
Xenia Hotels & Resorts, Inc.
247,745
3,302,441
 
297,772,707
 
Financial Services 5.8%
Acacia Research Corp. *
86,870
339,662
AFC Gamma, Inc.
37,292
434,825
Alerus Financial Corp.
41,640
945,644
AlTi Global, Inc. *(a)
52,822
328,025
A-Mark Precious Metals, Inc.
44,283
1,194,312
Angel Oak Mortgage REIT, Inc. (a)
27,502
293,446
Apollo Commercial Real Estate Finance,
Inc.
328,858
3,670,055
Arbor Realty Trust, Inc. (a)
426,065
5,666,664
Ares Commercial Real Estate Corp.
120,459
1,145,565
ARMOUR Residential REIT, Inc. (a)
113,700
2,165,985
Artisan Partners Asset Management,
Inc., Class A
142,434
5,967,985
AssetMark Financial Holdings, Inc. *
50,857
1,559,784
Atlanticus Holdings Corp. *
10,585
367,194
AvidXchange Holdings, Inc. *
345,305
3,784,543
B Riley Financial, Inc. (a)
47,205
1,105,541
Bakkt Holdings, Inc. *(a)
162,416
222,510
Banco Latinoamericano de Comercio
Exterior SA, Class E
63,749
1,533,163
BGC Group, Inc., Class A
827,455
5,841,832
Blackstone Mortgage Trust, Inc.,
Class A (a)
399,364
7,883,445
Bread Financial Holdings, Inc.
114,792
4,163,506
Brightsphere Investment Group, Inc.
76,164
1,684,748
BrightSpire Capital, Inc., Class A
297,678
2,128,398
Cannae Holdings, Inc. *
158,545
3,210,536
Cantaloupe, Inc. *
130,875
891,259
Cass Information Systems, Inc.
31,660
1,366,446
Chicago Atlantic Real Estate Finance,
Inc.
37,538
595,728
Chimera Investment Corp.
525,226
2,521,085
Claros Mortgage Trust, Inc.
209,371
2,458,016
Cohen & Steers, Inc.
60,195
4,238,932
Compass Diversified Holdings
146,937
3,245,838
Consumer Portfolio Services, Inc. *
19,828
181,228
Diamond Hill Investment Group, Inc.
6,302
1,005,358
Donnelley Financial Solutions, Inc. *
57,405
3,565,999
Dynex Capital, Inc.
130,480
1,597,075
Ellington Financial, Inc.
174,387
2,129,265
Enact Holdings, Inc.
68,714
1,957,662
Encore Capital Group, Inc. *
54,046
2,706,624
Enova International, Inc. *
67,304
3,663,357
Essent Group Ltd.
242,615
13,382,643
EVERTEC, Inc.
151,575
6,087,252
Federal Agricultural Mortgage Corp.,
Class C
21,190
3,947,485
Finance of America Cos., Inc., Class A *
122,094
102,571
FirstCash Holdings, Inc.
87,339
10,023,897
Flywire Corp. *
245,610
5,248,686
Forge Global Holdings, Inc. *
255,827
491,188
Franklin BSP Realty Trust, Inc.
193,223
2,477,119
GCM Grosvenor, Inc., Class A
94,671
822,691
Granite Point Mortgage Trust, Inc.
117,145
657,183
Green Dot Corp., Class A *
106,348
958,195
Hamilton Lane, Inc., Class A
84,767
9,827,886
Hannon Armstrong Sustainable
Infrastructure Capital, Inc.
244,643
5,820,057
I3 Verticals, Inc., Class A *
52,251
979,184
International Money Express, Inc. *
74,008
1,524,565
Invesco Mortgage Capital, Inc.
103,964
915,923
Jackson Financial, Inc., Class A
191,999
9,613,390
SECURITY
NUMBER
OF SHARES
VALUE ($)
KKR Real Estate Finance Trust, Inc.
135,593
1,659,658
Ladder Capital Corp., Class A
263,178
2,876,536
LendingClub Corp. *
252,523
2,277,757
LendingTree, Inc. *
24,979
807,821
MarketWise, Inc.
72,420
168,739
Marqeta, Inc., Class A *
1,109,904
6,670,523
Merchants Bancorp
36,521
1,597,429
MFA Financial, Inc.
238,284
2,637,804
Moelis & Co., Class A
154,456
8,490,446
Mr Cooper Group, Inc. *
149,142
10,046,205
Navient Corp.
199,115
3,428,760
Nelnet, Inc., Class A
29,852
2,601,005
NerdWallet, Inc., Class A *
78,175
1,196,859
New York Mortgage Trust, Inc.
209,697
1,644,024
NewtekOne, Inc.
53,043
637,046
Nexpoint Real Estate Finance, Inc.
18,441
268,685
NMI Holdings, Inc., Class A *
186,842
5,963,997
Ocwen Financial Corp. *
14,688
424,924
Open Lending Corp., Class A *
229,121
1,681,748
OppFi, Inc. *
25,079
80,504
Orchid Island Capital, Inc.
122,097
974,334
P10, Inc., Class A
99,779
917,967
Pagseguro Digital Ltd., Class A *
460,340
5,924,576
Patria Investments Ltd., Class A
125,367
1,788,987
Payoneer Global, Inc. *
612,433
2,866,186
Paysafe Ltd. *
76,702
1,141,326
Paysign, Inc. *
74,618
229,077
PennyMac Financial Services, Inc.
58,973
5,143,625
PennyMac Mortgage Investment Trust
200,793
2,879,372
Perella Weinberg Partners, Class A
97,207
1,142,182
Piper Sandler Cos.
40,233
6,980,023
PJT Partners, Inc., Class A
54,798
5,269,924
PRA Group, Inc. *
89,548
2,039,008
Priority Technology Holdings, Inc. *
39,369
139,760
PROG Holdings, Inc. *
102,319
3,135,054
Radian Group, Inc.
364,558
10,564,891
Ready Capital Corp.
370,419
3,470,826
Redwood Trust, Inc.
263,017
1,764,844
Regional Management Corp.
18,120
441,766
Remitly Global, Inc. *
307,620
5,272,607
Repay Holdings Corp., Class A *
191,646
1,502,505
Security National Financial Corp.,
Class A *
28,551
223,554
Silvercrest Asset Management Group,
Inc., Class A
21,764
363,024
StepStone Group, Inc., Class A
124,692
4,170,947
StoneCo Ltd., Class A *
674,409
11,593,091
StoneX Group, Inc. *
62,188
4,088,861
SWK Holdings Corp. *
8,736
151,133
TPG RE Finance Trust, Inc.
160,051
974,711
Two Harbors Investment Corp.
225,735
2,812,658
Upstart Holdings, Inc. *(a)
169,174
5,372,966
Value Line, Inc.
2,043
91,118
Velocity Financial, Inc. *
19,685
310,039
Victory Capital Holdings, Inc., Class A
61,854
2,086,335
Virtus Investment Partners, Inc.
16,012
3,780,593
Walker & Dunlop, Inc.
73,772
7,125,637
Waterstone Financial, Inc.
40,081
533,077
WisdomTree, Inc.
321,690
2,177,841
World Acceptance Corp. *
9,390
1,233,001
 
326,479,051
 
Food, Beverage & Tobacco 1.5%
Alico, Inc.
16,272
479,048
B&G Foods, Inc.
163,616
1,645,977
Benson Hill, Inc. *
395,910
68,176
Beyond Meat, Inc. *(a)
136,810
905,682
BRC, Inc., Class A *(a)
91,854
347,208
24  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Calavo Growers, Inc.
40,071
1,045,452
Cal-Maine Foods, Inc.
94,813
5,254,537
Coca-Cola Consolidated, Inc.
11,070
9,535,587
Dole PLC
164,678
1,859,215
Duckhorn Portfolio, Inc. *
102,863
887,708
Forafric Global PLC *(a)
11,937
124,622
Fresh Del Monte Produce, Inc.
79,458
1,953,078
Hain Celestial Group, Inc. *
205,637
2,202,372
Ispire Technology, Inc. *(a)
40,909
449,999
J & J Snack Foods Corp.
34,786
5,538,975
John B Sanfilippo & Son, Inc.
20,880
2,236,874
Lancaster Colony Corp.
45,246
8,315,310
Limoneira Co.
40,317
731,350
MGP Ingredients, Inc.
36,615
3,110,444
Mission Produce, Inc. *
111,695
1,115,833
National Beverage Corp. *
55,010
2,543,662
Primo Water Corp.
361,807
5,275,146
Seneca Foods Corp., Class A *
12,270
654,973
Simply Good Foods Co. *
210,480
7,956,144
Sovos Brands, Inc. *
127,686
2,815,476
SunOpta, Inc. *
216,612
1,288,841
TreeHouse Foods, Inc. *
119,442
5,028,508
Turning Point Brands, Inc.
39,858
968,151
Universal Corp.
55,647
3,224,744
Utz Brands, Inc.
167,457
2,963,989
Vector Group Ltd.
336,953
3,527,898
Vita Coco Co., Inc. *
65,817
1,295,937
Vital Farms, Inc. *
70,363
1,011,820
Westrock Coffee Co. *(a)
65,109
674,529
Zevia PBC, Class A *
56,995
96,892
 
87,134,157
 
Health Care Equipment & Services 5.7%
23andMe Holding Co., Class A *
705,420
515,733
Accolade, Inc. *
156,818
1,775,180
Accuray, Inc. *
222,282
575,710
AdaptHealth Corp., Class A *
220,600
1,592,732
Addus HomeCare Corp. *
36,304
3,143,926
Agiliti, Inc. *
68,046
482,446
AirSculpt Technologies, Inc. *(a)
26,465
192,136
Alignment Healthcare, Inc. *
197,699
1,324,583
Alphatec Holdings, Inc. *
213,122
3,429,133
American Well Corp., Class A *
568,020
596,421
AMN Healthcare Services, Inc. *
88,059
6,517,247
AngioDynamics, Inc. *
90,190
532,121
Apollo Medical Holdings, Inc. *
98,958
3,438,791
Artivion, Inc. *
91,421
1,528,559
AtriCure, Inc. *
107,561
3,663,528
Atrion Corp.
3,162
1,075,080
Avanos Medical, Inc. *
107,721
2,067,166
Aveanna Healthcare Holdings, Inc. *
116,553
268,072
Axogen, Inc. *
93,348
902,675
Axonics, Inc. *
114,913
7,800,294
Beyond Air, Inc. *(a)
58,597
98,443
Brookdale Senior Living, Inc. *
430,828
2,356,629
Butterfly Network, Inc. *(a)
320,332
288,651
Cano Health, Inc. *(a)
6,221
14,868
CareMax, Inc. *
171,777
58,988
Castle Biosciences, Inc. *
58,206
1,343,394
Cerus Corp. *
413,494
748,424
ClearPoint Neuro, Inc. *
52,401
364,711
Community Health Systems, Inc. *
293,855
1,078,448
Computer Programs & Systems, Inc. *
32,648
330,724
CONMED Corp.
71,026
6,790,086
CorVel Corp. *
20,206
4,755,280
Cross Country Healthcare, Inc. *
80,354
1,707,523
Cutera, Inc. *(a)
42,386
111,899
CVRx, Inc. *
25,423
638,626
SECURITY
NUMBER
OF SHARES
VALUE ($)
Definitive Healthcare Corp., Class A *
108,850
925,225
DocGo, Inc. *
178,658
661,035
Embecta Corp.
133,017
2,279,911
Enhabit, Inc. *
116,664
1,177,140
Ensign Group, Inc.
126,252
14,294,251
Evolent Health, Inc., Class A *
255,207
7,505,638
Fulgent Genetics, Inc. *
47,234
1,161,484
Glaukos Corp. *
109,587
9,756,531
Guardant Health, Inc. *
260,949
5,722,612
Haemonetics Corp. *
116,183
8,883,352
Health Catalyst, Inc. *
132,112
1,290,734
HealthEquity, Inc. *
194,675
14,713,536
HealthStream, Inc.
55,304
1,472,192
Hims & Hers Health, Inc. *
282,374
2,422,769
Inari Medical, Inc. *
123,822
7,051,663
InfuSystem Holdings, Inc. *
41,516
383,193
Inmode Ltd. *
179,295
4,247,499
Innovage Holding Corp. *(a)
43,240
228,740
Inogen, Inc. *
53,386
379,841
Integer Holdings Corp. *
76,951
7,796,675
Invitae Corp. *(a)
600,769
234,300
iRadimed Corp.
17,205
712,459
iRhythm Technologies, Inc. *
70,895
8,491,803
Joint Corp. *
32,546
317,649
KORU Medical Systems, Inc. *
79,915
166,223
Lantheus Holdings, Inc. *
157,188
8,162,773
LeMaitre Vascular, Inc.
45,405
2,635,306
LifeStance Health Group, Inc. *
244,126
1,459,873
LivaNova PLC *
125,778
6,122,873
Merit Medical Systems, Inc. *
131,723
10,313,911
ModivCare, Inc. *
29,432
1,170,511
Multiplan Corp. *
889,364
898,258
Nano-X Imaging Ltd. *(a)
110,163
599,287
National HealthCare Corp.
28,877
2,686,716
National Research Corp.
33,206
1,308,316
Neogen Corp. *
503,516
7,804,498
NeoGenomics, Inc. *
295,369
4,386,230
Nevro Corp. *
82,083
1,359,294
OmniAb, Inc., Class A *(b)
12,825
0
OmniAb, Inc., Class B *(b)
12,825
0
Omnicell, Inc. *
104,111
3,349,251
OPKO Health, Inc. *(a)
933,908
952,586
OptimizeRx Corp. *
38,018
536,814
Option Care Health, Inc. *
388,166
12,126,306
OraSure Technologies, Inc. *
166,009
1,223,486
Orchestra BioMed Holdings, Inc. *
33,684
238,483
Orthofix Medical, Inc. *
81,269
1,128,826
OrthoPediatrics Corp. *
36,669
957,794
Outset Medical, Inc. *
113,729
345,736
Owens & Minor, Inc. *
171,552
3,381,290
P3 Health Partners, Inc. *
91,086
110,214
Paragon 28, Inc. *
101,410
1,285,879
Patterson Cos., Inc.
198,259
5,920,014
Pediatrix Medical Group, Inc. *
195,131
1,826,426
Pennant Group, Inc. *
66,207
993,767
PetIQ, Inc., Class A *
63,782
1,146,163
Phreesia, Inc. *
122,471
3,120,561
Privia Health Group, Inc. *
260,123
5,244,080
PROCEPT BioRobotics Corp. *
93,256
4,317,753
Progyny, Inc. *
183,600
6,993,324
Pulmonx Corp. *
84,365
1,120,367
Pulse Biosciences, Inc. *(a)
36,922
327,867
Quipt Home Medical Corp. *
97,906
460,158
RadNet, Inc. *
139,133
5,143,747
RxSight, Inc. *
65,678
2,989,006
Sanara Medtech, Inc. *
8,678
293,316
Schrodinger, Inc. *
126,199
3,337,964
Select Medical Holdings Corp.
240,045
6,238,770
Semler Scientific, Inc. *
10,622
470,448
  25

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Sharecare, Inc. *
709,042
801,217
SI-BONE, Inc. *
91,922
1,857,744
Sight Sciences, Inc. *
49,804
211,169
Silk Road Medical, Inc. *
88,405
1,337,568
Simulations Plus, Inc.
36,609
1,387,481
STAAR Surgical Co. *
112,545
3,152,385
Surgery Partners, Inc. *
174,684
5,361,052
Surmodics, Inc. *
31,526
1,110,030
Tactile Systems Technology, Inc. *
54,309
823,868
Tela Bio, Inc. *
39,312
271,646
TransMedics Group, Inc. *
73,549
6,308,298
Treace Medical Concepts, Inc. *
106,475
1,435,283
U.S. Physical Therapy, Inc.
34,370
3,170,976
UFP Technologies, Inc. *
16,489
2,778,561
Utah Medical Products, Inc.
7,826
619,897
Varex Imaging Corp. *
90,813
1,749,967
Veradigm, Inc. *
249,013
2,273,489
Vicarious Surgical, Inc. *
260,655
104,888
Viemed Healthcare, Inc. *
78,403
636,632
Zimvie, Inc. *
59,072
1,032,579
Zynex, Inc. *(a)
42,088
498,322
 
325,795,976
 
Household & Personal Products 1.3%
Beauty Health Co. *
189,099
554,060
BellRing Brands, Inc. *
305,482
16,883,990
Central Garden & Pet Co. *
22,405
1,050,795
Central Garden & Pet Co., Class A *
91,458
3,775,386
Edgewell Personal Care Co.
116,423
4,313,472
elf Beauty, Inc. *
124,948
19,932,954
Energizer Holdings, Inc.
166,312
5,258,785
Herbalife Ltd. *
228,944
2,758,775
Inter Parfums, Inc.
42,383
5,897,595
Medifast, Inc.
24,654
1,347,341
Nature's Sunshine Products, Inc. *
30,185
525,521
Nu Skin Enterprises, Inc., Class A
116,159
2,155,911
Oil-Dri Corp. of America
11,207
728,007
USANA Health Sciences, Inc. *
26,238
1,228,463
Waldencast PLC, Class A *(a)
83,204
586,588
WD-40 Co.
31,377
8,126,016
 
75,123,659
 
Insurance 1.8%
Ambac Financial Group, Inc. *
103,224
1,677,390
American Coastal Insurance Corp.,
Class C *
44,838
518,776
American Equity Investment Life Holding
Co. *
182,225
10,060,642
AMERISAFE, Inc.
44,474
2,216,584
BRP Group, Inc., Class A *
139,348
3,126,969
CNO Financial Group, Inc.
259,716
7,059,081
Crawford & Co., Class A
33,123
402,113
Donegal Group, Inc., Class A
35,177
528,007
eHealth, Inc. *
66,953
455,280
Employers Holdings, Inc.
59,298
2,473,913
Enstar Group Ltd. *
27,645
7,378,174
F&G Annuities & Life, Inc.
43,252
1,939,420
Fidelis Insurance Holdings Ltd. *
35,180
458,044
Genworth Financial, Inc., Class A *
1,067,997
6,589,541
GoHealth, Inc., Class A *
8,961
105,829
Goosehead Insurance, Inc., Class A *
49,970
3,857,684
Greenlight Capital Re Ltd., Class A *
61,281
699,216
HCI Group, Inc.
14,950
1,340,567
Hippo Holdings, Inc. *
23,956
221,593
Horace Mann Educators Corp.
94,697
3,487,691
Investors Title Co.
2,791
466,795
James River Group Holdings Ltd.
87,457
836,963
SECURITY
NUMBER
OF SHARES
VALUE ($)
Kingsway Financial Services, Inc. *
24,339
213,453
Lemonade, Inc. *(a)
117,478
1,858,502
Maiden Holdings Ltd. *
207,487
365,177
MBIA, Inc.
105,722
642,790
Mercury General Corp.
61,926
2,480,136
National Western Life Group, Inc.,
Class A
5,249
2,540,516
NI Holdings, Inc. *
18,872
252,130
Oscar Health, Inc., Class A *
364,385
4,562,100
Palomar Holdings, Inc. *
56,262
3,368,406
ProAssurance Corp.
120,481
1,621,674
Safety Insurance Group, Inc.
33,112
2,758,561
Selective Insurance Group, Inc.
139,483
14,626,187
Selectquote, Inc. *
311,916
346,227
SiriusPoint Ltd. *
161,564
1,906,455
Skyward Specialty Insurance Group,
Inc. *
55,104
1,713,734
Stewart Information Services Corp.
62,213
3,836,054
Tiptree, Inc.
55,022
1,041,566
Trupanion, Inc. *(a)
91,314
2,483,741
United Fire Group, Inc.
48,770
1,092,936
Universal Insurance Holdings, Inc.
56,138
933,014
 
104,543,631
 
Materials 4.4%
5E Advanced Materials, Inc. *(a)
89,888
127,641
AdvanSix, Inc.
60,068
1,524,526
Alpha Metallurgical Resources, Inc.
26,693
10,656,913
American Vanguard Corp.
62,841
686,224
Arcadium Lithium PLC *
2,368,114
11,580,077
Arch Resources, Inc.
41,592
7,360,120
Aspen Aerogels, Inc. *
118,662
1,332,574
ATI, Inc. *
298,636
12,205,253
Avient Corp.
209,439
7,583,786
Balchem Corp.
74,110
10,387,258
Cabot Corp.
128,310
9,251,151
Caledonia Mining Corp. PLC
38,017
407,162
Carpenter Technology Corp.
113,449
6,987,324
Century Aluminum Co. *
120,756
1,346,429
Clearwater Paper Corp. *
37,623
1,240,430
Coeur Mining, Inc. *
765,360
2,058,818
Commercial Metals Co.
271,293
14,166,920
Compass Minerals International, Inc.
79,791
1,794,500
Constellium SE, Class A *
298,954
5,605,388
Contango ORE, Inc. *
18,146
298,865
Core Molding Technologies, Inc. *
17,711
306,400
Dakota Gold Corp. *
126,675
266,018
Danimer Scientific, Inc. *(a)
200,587
127,975
Ecovyst, Inc. *
213,241
1,974,612
Glatfelter Corp. *
102,934
149,254
Greif, Inc., Class A
68,198
4,269,877
Hawkins, Inc.
45,015
2,996,649
Haynes International, Inc.
28,962
1,612,315
HB Fuller Co.
125,359
9,498,451
Hecla Mining Co.
1,412,145
5,380,272
i-80 Gold Corp. *
444,218
710,749
Ingevity Corp. *
84,562
3,683,521
Innospec, Inc.
57,809
6,712,203
Intrepid Potash, Inc. *
25,392
467,213
Ivanhoe Electric, Inc. *
145,971
1,220,318
Kaiser Aluminum Corp.
37,060
2,405,194
Knife River Corp. *
130,755
8,563,145
Koppers Holdings, Inc.
46,446
2,375,248
Kronos Worldwide, Inc.
50,645
471,505
LSB Industries, Inc. *
123,881
921,675
Materion Corp.
47,442
5,549,291
Mativ Holdings, Inc.
125,438
1,509,019
Minerals Technologies, Inc.
75,432
4,929,481
26  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Myers Industries, Inc.
85,298
1,599,338
NioCorp Developments Ltd. *
4,462
13,921
Novagold Resources, Inc. *
563,203
1,441,800
O-I Glass, Inc. *
358,938
5,226,137
Olympic Steel, Inc.
22,892
1,547,041
Origin Materials, Inc. *
270,638
159,676
Orion SA
128,012
2,867,469
Pactiv Evergreen, Inc.
92,226
1,346,500
Perimeter Solutions SA *
350,691
1,662,275
Perpetua Resources Corp. *
86,353
246,970
Piedmont Lithium, Inc. *
41,118
628,283
PureCycle Technologies, Inc. *(a)
266,198
1,043,496
Quaker Chemical Corp.
32,065
6,090,426
Ramaco Resources, Inc., Class A
52,091
983,478
Ramaco Resources, Inc., Class B
10,643
134,315
Ranpak Holdings Corp., Class A *
103,875
427,965
Rayonier Advanced Materials, Inc. *
146,630
636,374
Ryerson Holding Corp.
64,953
2,229,187
Schnitzer Steel Industries, Inc., Class A
59,670
1,571,111
Sensient Technologies Corp.
97,558
6,051,523
Stepan Co.
49,343
4,404,850
Summit Materials, Inc., Class A *
276,806
10,014,841
SunCoke Energy, Inc.
194,006
1,988,562
Sylvamo Corp.
82,715
3,840,457
TimkenSteel Corp. *
100,431
2,063,857
Tredegar Corp.
60,362
285,512
TriMas Corp.
96,531
2,382,385
Trinseo PLC
80,925
487,978
Tronox Holdings PLC
271,056
3,737,862
U.S. Lime & Minerals, Inc.
4,797
1,240,840
Valhi, Inc.
5,287
73,331
Warrior Met Coal, Inc.
119,490
7,667,673
Worthington Steel, Inc. *
71,691
2,147,145
 
248,944,322
 
Media & Entertainment 1.7%
Advantage Solutions, Inc. *
200,887
809,575
AMC Networks, Inc., Class A *
71,362
1,290,939
Atlanta Braves Holdings, Inc., Class C *
130,455
5,258,641
Boston Omaha Corp., Class A *
53,526
829,118
Bumble, Inc., Class A *
233,795
3,207,667
Cardlytics, Inc. *
84,484
645,458
Cargurus, Inc. *
225,989
5,251,984
Cars.com, Inc. *
154,770
2,697,641
Cinemark Holdings, Inc. *
254,318
3,517,218
Clear Channel Outdoor Holdings, Inc. *
865,572
1,488,784
Daily Journal Corp. *
3,127
1,004,768
DHI Group, Inc. *
101,333
232,053
Emerald Holding, Inc. *
35,666
218,989
Entravision Communications Corp.,
Class A
138,513
558,207
Eventbrite, Inc., Class A *
178,026
1,490,078
EverQuote, Inc., Class A *
50,843
642,147
EW Scripps Co., Class A *
135,976
1,083,729
fuboTV, Inc. *
654,733
1,630,285
Gambling.com Group Ltd. *
35,321
323,187
Gannett Co., Inc. *
339,542
838,669
Gray Television, Inc.
196,058
1,872,354
Grindr, Inc. *(a)
94,287
818,411
iHeartMedia, Inc., Class A *
246,802
668,833
IMAX Corp. *
103,268
1,442,654
Integral Ad Science Holding Corp. *
112,581
1,638,054
John Wiley & Sons, Inc., Class A
84,237
2,850,580
Lions Gate Entertainment Corp.,
Class A *
398,589
4,157,283
Loop Media, Inc. *
83,321
58,333
Madison Square Garden Entertainment
Corp., Class A *
91,841
3,061,979
SECURITY
NUMBER
OF SHARES
VALUE ($)
Magnite, Inc. *
313,417
2,773,740
Marcus Corp.
55,333
751,422
MediaAlpha, Inc., Class A *
52,492
669,273
Nextdoor Holdings, Inc. *
330,453
502,289
Outbrain, Inc. *
93,813
368,685
Playstudios, Inc. *
194,082
426,980
PubMatic, Inc., Class A *
99,951
1,517,256
QuinStreet, Inc. *
121,468
1,539,000
Reservoir Media, Inc. *
45,337
317,359
Scholastic Corp.
61,829
2,376,707
Shutterstock, Inc.
56,852
2,670,338
Sinclair, Inc.
75,799
1,190,044
Sphere Entertainment Co. *
61,807
2,186,732
Stagwell, Inc., Class A *
186,996
1,219,214
System1, Inc. *
80,049
144,088
TechTarget, Inc. *
58,751
2,007,522
TEGNA, Inc.
467,573
7,289,463
Thryv Holdings, Inc. *
71,474
1,460,929
Townsquare Media, Inc., Class A
26,692
286,672
TrueCar, Inc. *
201,568
713,551
Urban One, Inc. *
23,446
84,406
Urban One, Inc., Class A *
24,438
89,443
Vimeo, Inc. *
354,484
1,407,301
Vivid Seats, Inc., Class A *
55,061
316,050
WideOpenWest, Inc. *
117,264
435,049
Yelp, Inc., Class A *
154,417
6,752,655
Ziff Davis, Inc. *
106,905
7,205,397
ZipRecruiter, Inc., Class A *
156,381
2,176,824
 
98,466,007
 
Pharmaceuticals, Biotechnology & Life Sciences 9.7%
2seventy bio, Inc. *
116,417
598,383
4D Molecular Therapeutics, Inc. *
92,452
1,594,797
89bio, Inc. *
148,029
1,465,487
Aadi Bioscience, Inc. *
37,075
68,218
ACADIA Pharmaceuticals, Inc. *
280,710
7,273,196
ACELYRIN, Inc. *
76,601
583,700
Aclaris Therapeutics, Inc. *
160,330
185,983
Acrivon Therapeutics, Inc. *
19,871
72,529
Actinium Pharmaceuticals, Inc. *
63,682
342,609
Adaptive Biotechnologies Corp. *
259,264
951,499
Adicet Bio, Inc. *(a)
69,460
207,685
ADMA Biologics, Inc. *
493,104
2,559,210
Aerovate Therapeutics, Inc. *
25,879
499,723
Agenus, Inc. *
882,131
588,558
Agios Pharmaceuticals, Inc. *
128,264
2,901,332
Akero Therapeutics, Inc. *
119,226
2,576,474
Akoya Biosciences, Inc. *
51,893
263,616
Aldeyra Therapeutics, Inc. *
106,476
333,270
Alector, Inc. *
147,204
877,336
Alkermes PLC *
384,310
10,395,585
Allakos, Inc. *
151,975
193,008
Allogene Therapeutics, Inc. *
218,274
768,324
Allovir, Inc. *
118,150
85,068
Alpine Immune Sciences, Inc. *
75,255
2,002,536
Altimmune, Inc. *
122,309
1,154,597
ALX Oncology Holdings, Inc. *(a)
62,331
898,190
Amicus Therapeutics, Inc. *
656,598
8,161,513
Amneal Pharmaceuticals, Inc. *
284,820
1,523,787
Amphastar Pharmaceuticals, Inc. *
88,973
4,747,599
Amylyx Pharmaceuticals, Inc. *
118,253
1,892,048
AnaptysBio, Inc. *
43,360
1,023,296
Anavex Life Sciences Corp. *(a)
165,974
990,865
ANI Pharmaceuticals, Inc. *
33,377
1,863,104
Anika Therapeutics, Inc. *
33,515
788,273
Annexon, Inc. *
104,336
433,516
Apogee Therapeutics, Inc. *(a)
47,475
1,590,413
Arbutus Biopharma Corp. *
298,677
707,864
  27

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Arcellx, Inc. *
88,733
5,487,249
Arcturus Therapeutics Holdings, Inc. *
54,083
1,783,117
Arcus Biosciences, Inc. *
124,625
1,886,823
Arcutis Biotherapeutics, Inc. *
183,595
1,077,703
Ardelyx, Inc. *
532,651
4,650,043
Arrowhead Pharmaceuticals, Inc. *
268,592
8,621,803
ARS Pharmaceuticals, Inc. *
55,441
344,289
Arvinas, Inc. *
113,633
4,715,770
Assertio Holdings, Inc. *
204,683
180,653
Astria Therapeutics, Inc. *
76,960
1,002,789
Atara Biotherapeutics, Inc. *
235,645
146,948
Atea Pharmaceuticals, Inc. *
173,678
722,500
Aura Biosciences, Inc. *
66,086
508,862
Aurinia Pharmaceuticals, Inc. *
315,099
2,375,846
Avid Bioservices, Inc. *
143,075
968,618
Avidity Biosciences, Inc. *
171,026
2,091,648
Avita Medical, Inc. *
58,978
988,471
Axsome Therapeutics, Inc. *
82,361
7,414,961
Beam Therapeutics, Inc. *
167,464
4,086,122
BioAtla, Inc. *
101,115
193,635
BioCryst Pharmaceuticals, Inc. *
436,701
2,314,515
Biohaven Ltd. *
158,050
7,030,064
BioLife Solutions, Inc. *
80,247
1,364,199
Biomea Fusion, Inc. *(a)
45,939
830,577
Biote Corp., Class A *
32,001
121,284
BioVie, Inc., Class A *(a)
29,935
31,132
Bioxcel Therapeutics, Inc. *(a)
49,908
160,704
Bluebird Bio, Inc. *
246,650
251,583
Blueprint Medicines Corp. *
140,814
11,198,937
Bridgebio Pharma, Inc. *
265,257
9,095,663
Bright Green Corp. *
137,897
27,524
Cabaletta Bio, Inc. *
79,725
1,632,768
Cara Therapeutics, Inc. *
107,050
60,547
CareDx, Inc. *
119,689
1,024,538
Caribou Biosciences, Inc. *
189,248
1,160,090
Carisma Therapeutics, Inc. (a)
60,952
127,999
Cartesian Therapeutics, Inc. *
265,512
191,169
Cassava Sciences, Inc. *(a)
91,815
2,198,969
Catalyst Pharmaceuticals, Inc. *
231,776
3,337,574
Celcuity, Inc. *
40,351
609,300
Celldex Therapeutics, Inc. *
107,464
3,784,882
Century Therapeutics, Inc. *
53,526
229,091
Cerevel Therapeutics Holdings, Inc. *
161,502
6,766,934
Citius Pharmaceuticals, Inc. *
280,921
174,452
Codexis, Inc. *
165,871
436,241
Cogent Biosciences, Inc. *
192,991
854,950
Coherus Biosciences, Inc. *(a)
230,377
495,311
Collegium Pharmaceutical, Inc. *
80,075
2,639,272
Compass Therapeutics, Inc. *
203,245
264,219
Corcept Therapeutics, Inc. *
185,900
3,922,490
CorMedix, Inc. *
128,690
379,636
Crinetics Pharmaceuticals, Inc. *
150,842
5,502,716
CryoPort, Inc. *
100,014
1,451,203
Cue Biopharma, Inc. *
88,619
233,954
Cullinan Oncology, Inc. *
59,690
903,707
Cymabay Therapeutics, Inc. *
261,506
6,148,006
Cytek Biosciences, Inc. *
279,749
2,112,105
Cytokinetics, Inc. *
215,749
16,856,469
Day One Biopharmaceuticals, Inc. *
144,677
2,177,389
Deciphera Pharmaceuticals, Inc. *
123,536
1,769,036
Denali Therapeutics, Inc. *
273,269
4,375,037
Design Therapeutics, Inc. *
74,915
177,549
Disc Medicine, Inc. *
20,877
1,372,663
Dynavax Technologies Corp. *
299,270
3,866,568
Dyne Therapeutics, Inc. *
102,857
2,201,140
Eagle Pharmaceuticals, Inc. *
23,660
138,648
Edgewise Therapeutics, Inc. *
97,929
1,746,074
Editas Medicine, Inc. *
191,063
1,343,173
Emergent BioSolutions, Inc. *(a)
115,644
193,125
SECURITY
NUMBER
OF SHARES
VALUE ($)
Enanta Pharmaceuticals, Inc. *
46,447
564,331
Enliven Therapeutics, Inc. *(a)
54,118
849,653
Entrada Therapeutics, Inc. *(a)
50,517
736,033
Erasca, Inc. *
184,468
308,062
Evolus, Inc. *
97,500
1,237,275
Eyenovia, Inc. *
63,574
115,705
EyePoint Pharmaceuticals, Inc. *
61,791
1,664,032
Fate Therapeutics, Inc. *
196,922
1,213,040
Fennec Pharmaceuticals, Inc. *
41,497
414,555
FibroGen, Inc. *(a)
209,142
401,553
Foghorn Therapeutics, Inc. *
46,468
147,768
Genelux Corp. *(a)
42,791
452,729
Generation Bio Co. *
103,517
194,612
Geron Corp. *
1,183,701
2,178,010
Graphite Bio, Inc. *
64,045
174,202
Gritstone bio, Inc. *
200,640
479,530
Halozyme Therapeutics, Inc. *
300,719
10,179,338
Harmony Biosciences Holdings, Inc. *
74,511
2,350,077
Harrow, Inc. *
69,252
659,972
Harvard Bioscience, Inc. *
95,864
421,802
Heron Therapeutics, Inc. *(a)
236,703
570,454
HilleVax, Inc. *
60,632
859,155
Humacyte, Inc. *(a)
139,564
463,352
Icosavax, Inc. *
63,441
971,282
Ideaya Biosciences, Inc. *
139,029
6,051,932
IGM Biosciences, Inc. *(a)
31,747
333,978
Ikena Oncology, Inc. *
73,880
98,999
Immuneering Corp., Class A *
51,835
304,271
ImmunityBio, Inc. *(a)
306,461
1,029,709
ImmunoGen, Inc. *
554,671
16,262,954
Immunovant, Inc. *
125,074
4,553,944
Inhibrx, Inc. *
79,547
3,064,946
Innoviva, Inc. *
137,746
2,231,485
Inozyme Pharma, Inc. *
110,771
609,241
Insmed, Inc. *
319,338
8,877,596
Intellia Therapeutics, Inc. *
204,290
4,866,188
Intra-Cellular Therapies, Inc. *
216,882
14,604,834
Iovance Biotherapeutics, Inc. *
529,974
4,096,699
Ironwood Pharmaceuticals, Inc.,
Class A *
320,942
4,554,167
iTeos Therapeutics, Inc. *
56,509
562,265
Janux Therapeutics, Inc. *
39,558
338,616
KalVista Pharmaceuticals, Inc. *
71,599
1,129,116
Karyopharm Therapeutics, Inc. *
258,909
194,311
Keros Therapeutics, Inc. *
51,776
2,866,319
Kezar Life Sciences, Inc. *
163,132
161,419
Kiniksa Pharmaceuticals Ltd., Class A *
72,762
1,282,794
Kodiak Sciences, Inc. *
74,143
297,313
Krystal Biotech, Inc. *
50,076
5,570,955
Kura Oncology, Inc. *
162,994
3,282,699
Kymera Therapeutics, Inc. *
88,309
2,894,769
Larimar Therapeutics, Inc. *
58,626
339,445
Lexicon Pharmaceuticals, Inc. *(a)
211,809
396,083
Ligand Pharmaceuticals, Inc. *
38,806
2,836,719
Lineage Cell Therapeutics, Inc. *
295,032
274,409
Liquidia Corp. *
110,971
1,418,209
Longboard Pharmaceuticals, Inc. *
35,609
756,335
Lyell Immunopharma, Inc. *
401,603
734,933
MacroGenics, Inc. *
140,489
2,008,993
Madrigal Pharmaceuticals, Inc. *
34,180
7,407,148
MannKind Corp. *
604,085
2,017,644
Marinus Pharmaceuticals, Inc. *
118,925
1,158,330
MaxCyte, Inc. *
199,789
1,016,926
MeiraGTx Holdings PLC *
74,544
452,482
Merrimack Pharmaceuticals, Inc. *
23,947
320,890
Mersana Therapeutics, Inc. *
263,501
832,663
Mesa Laboratories, Inc.
11,917
1,091,836
MiMedx Group, Inc. *
266,790
2,064,955
Mineralys Therapeutics, Inc. *
45,108
492,128
28  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Mirum Pharmaceuticals, Inc. *
57,134
1,511,766
Monte Rosa Therapeutics, Inc. *(a)
69,530
368,161
Morphic Holding, Inc. *
84,905
2,690,639
Mural Oncology PLC *
38,728
170,016
Myriad Genetics, Inc. *
187,152
4,003,181
NanoString Technologies, Inc. *
108,037
44,468
Nautilus Biotechnology, Inc. *
114,098
317,192
Neumora Therapeutics, Inc. *(a)
34,458
513,424
NGM Biopharmaceuticals, Inc. *
99,615
152,411
Nkarta, Inc. *
69,109
624,745
Novavax, Inc. *(a)
219,965
879,860
Nurix Therapeutics, Inc. *
111,658
882,098
Nuvalent, Inc., Class A *
61,398
4,615,288
Nuvation Bio, Inc. *
332,937
539,358
Nuvectis Pharma, Inc. *(a)
17,590
128,231
Ocean Biomedical, Inc. *
19,835
11,270
Ocular Therapeutix, Inc. *
185,188
900,014
Olema Pharmaceuticals, Inc. *
62,982
821,285
Omega Therapeutics, Inc. *(a)
55,712
203,349
Omeros Corp. *(a)
139,171
450,914
OmniAb, Inc. *
217,882
1,263,716
Optinose, Inc. *
166,635
209,960
Organogenesis Holdings, Inc., Class A *
160,584
529,927
ORIC Pharmaceuticals, Inc. *
89,948
988,529
Outlook Therapeutics, Inc. *
354,615
136,881
Ovid therapeutics, Inc. *
135,487
524,335
Pacific Biosciences of California, Inc. *
584,045
3,802,133
Pacira BioSciences, Inc. *
105,265
3,430,586
PDS Biotechnology Corp. *(a)
63,925
341,999
PepGen, Inc. *
22,976
230,449
Phathom Pharmaceuticals, Inc. *
74,653
500,175
Phibro Animal Health Corp., Class A
46,720
505,043
Pliant Therapeutics, Inc. *
131,635
2,358,899
PMV Pharmaceuticals, Inc. *
88,482
155,728
Poseida Therapeutics, Inc., Class A *
155,344
534,383
Precigen, Inc. *
308,868
426,238
Prelude Therapeutics, Inc. *
33,475
109,798
Prestige Consumer Healthcare, Inc. *
115,129
7,085,039
Prime Medicine, Inc. *(a)
91,504
581,050
ProKidney Corp. *(a)
103,938
136,159
Protagonist Therapeutics, Inc. *
131,972
3,300,620
Protalix BioTherapeutics, Inc. *(a)
153,561
222,663
Prothena Corp. PLC *
97,477
2,767,372
PTC Therapeutics, Inc. *
166,466
4,343,098
Quanterix Corp. *
81,307
1,796,072
Quantum-Si, Inc. *
228,577
356,580
Rallybio Corp. *
69,890
94,352
RAPT Therapeutics, Inc. *
68,290
1,690,178
RayzeBio, Inc. *
46,455
2,884,856
Recursion Pharmaceuticals, Inc.,
Class A *
317,178
2,984,645
REGENXBIO, Inc. *
95,365
1,174,897
Relay Therapeutics, Inc. *
207,992
1,923,926
Reneo Pharmaceuticals, Inc. *
30,078
49,328
Replimune Group, Inc. *
114,172
885,975
Revance Therapeutics, Inc. *
202,216
1,017,146
REVOLUTION Medicines, Inc. *
332,242
9,219,715
Rhythm Pharmaceuticals, Inc. *
118,852
5,242,562
Rigel Pharmaceuticals, Inc. *
391,223
457,731
Rocket Pharmaceuticals, Inc. *
144,937
4,164,040
Sage Therapeutics, Inc. *
122,161
3,132,208
Sagimet Biosciences, Inc., Class A *(a)
12,562
119,088
Sana Biotechnology, Inc. *
223,769
1,228,492
Sangamo Therapeutics, Inc. *
332,998
152,180
Savara, Inc. *
208,514
1,030,059
Scholar Rock Holding Corp. *
128,155
1,787,762
Scilex Holding Co. *(b)
147,603
218,748
scPharmaceuticals, Inc. *(a)
69,604
341,060
Seer, Inc., Class A *
134,013
230,502
SECURITY
NUMBER
OF SHARES
VALUE ($)
Seres Therapeutics, Inc. *
225,395
254,696
SIGA Technologies, Inc.
105,114
512,956
SpringWorks Therapeutics, Inc. *
155,308
6,853,742
Stoke Therapeutics, Inc. *
63,060
305,210
Summit Therapeutics, Inc. *(a)
265,170
1,039,466
Supernus Pharmaceuticals, Inc. *
113,633
3,145,361
Sutro Biopharma, Inc. *
137,495
596,728
Syndax Pharmaceuticals, Inc. *
154,746
3,170,746
Tango Therapeutics, Inc. *
102,216
1,201,038
Taro Pharmaceutical Industries Ltd. *
18,686
804,432
Tarsus Pharmaceuticals, Inc. *
66,411
1,809,036
Tenaya Therapeutics, Inc. *
104,636
439,994
Terns Pharmaceuticals, Inc. *
97,966
507,464
TG Therapeutics, Inc. *
320,365
5,202,728
Theravance Biopharma, Inc. *
119,373
1,131,656
Theseus Pharmaceuticals, Inc. *
46,263
187,828
Third Harmonic Bio, Inc. *(a)
44,524
386,023
Travere Therapeutics, Inc. *
168,160
1,501,669
Trevi Therapeutics, Inc. *
95,150
135,113
Turnstone Biologics Corp. *
15,169
39,894
Twist Bioscience Corp. *
131,636
4,265,006
Tyra Biosciences, Inc. *
32,661
437,657
UroGen Pharma Ltd. *
62,880
987,216
Vanda Pharmaceuticals, Inc. *
127,858
460,289
Vaxcyte, Inc. *
217,171
15,510,353
Vaxxinity, Inc., Class A *
97,417
69,166
Ventyx Biosciences, Inc. *
110,113
232,338
Vera Therapeutics, Inc., Class A *
78,329
2,852,742
Veracyte, Inc. *
168,610
4,218,622
Vericel Corp. *
109,988
4,727,284
Verrica Pharmaceuticals, Inc. *(a)
47,719
269,612
Verve Therapeutics, Inc. *
120,668
1,305,628
Vigil Neuroscience, Inc. *
36,733
99,914
Viking Therapeutics, Inc. *
222,147
5,362,629
Vir Biotechnology, Inc. *
193,699
1,820,771
Viridian Therapeutics, Inc. *
98,998
1,905,712
Vor BioPharma, Inc. *
86,126
198,090
Voyager Therapeutics, Inc. *
72,291
525,556
WaVe Life Sciences Ltd. *
139,718
603,582
X4 Pharmaceuticals, Inc. *
281,457
219,931
Xencor, Inc. *
134,706
2,519,002
Xeris Biopharma Holdings, Inc. *
303,542
746,713
XOMA Corp. *
16,717
333,838
Y-mAbs Therapeutics, Inc. *
84,763
1,084,119
Zentalis Pharmaceuticals, Inc. *
135,588
1,606,718
Zevra Therapeutics, Inc. *(a)
84,991
492,098
Zura Bio Ltd., Class A *
39,744
113,270
Zymeworks, Inc. *
125,491
1,360,322
 
551,092,896
 
Real Estate Management & Development 0.8%
American Realty Investors, Inc. *
3,281
72,215
Anywhere Real Estate, Inc. *
249,132
1,773,820
Compass, Inc., Class A *
658,092
2,263,836
Cushman & Wakefield PLC *
385,665
4,057,196
DigitalBridge Group, Inc.
375,096
7,366,885
Douglas Elliman, Inc.
190,918
412,383
eXp World Holdings, Inc.
164,237
2,033,254
Forestar Group, Inc. *
42,885
1,340,585
FRP Holdings, Inc. *
15,126
878,821
Kennedy-Wilson Holdings, Inc.
276,512
2,889,550
Marcus & Millichap, Inc.
54,961
2,093,465
Maui Land & Pineapple Co., Inc. *
17,243
341,411
Newmark Group, Inc., Class A
317,968
3,227,375
Opendoor Technologies, Inc. *
1,284,288
4,392,265
RE/MAX Holdings, Inc., Class A
39,978
428,964
Redfin Corp. *
252,775
2,062,644
RMR Group, Inc., Class A
36,276
946,441
  29

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
St. Joe Co.
79,573
4,392,430
Star Holdings *
29,626
343,365
Stratus Properties, Inc. *
12,884
296,332
Tejon Ranch Co. *
49,531
781,599
Transcontinental Realty Investors, Inc. *
2,933
116,528
 
42,511,364
 
Semiconductors & Semiconductor Equipment 3.1%
ACM Research, Inc., Class A *
111,500
1,920,030
Aehr Test Systems *
63,780
947,133
Alpha & Omega Semiconductor Ltd. *
53,274
1,367,011
Ambarella, Inc. *
87,457
4,596,740
Amkor Technology, Inc.
260,051
8,233,215
Atomera, Inc. *(a)
52,430
412,100
Axcelis Technologies, Inc. *
75,307
9,793,675
CEVA, Inc. *
53,847
1,033,862
Cohu, Inc. *
107,620
3,428,773
Credo Technology Group Holding Ltd. *
265,036
5,435,888
Diodes, Inc. *
104,301
7,021,543
FormFactor, Inc. *
178,848
6,933,937
Ichor Holdings Ltd. *
66,440
2,405,128
Impinj, Inc. *
53,940
5,231,101
indie Semiconductor, Inc., Class A *
348,057
2,112,706
inTEST Corp. *
27,297
325,653
Kulicke & Soffa Industries, Inc.
128,155
6,448,760
MACOM Technology Solutions Holdings,
Inc. *
125,915
10,857,650
Maxeon Solar Technologies Ltd. *
67,876
307,478
MaxLinear, Inc. *
175,647
3,656,971
Navitas Semiconductor Corp., Class A *
253,418
1,452,085
NVE Corp.
11,221
897,568
Onto Innovation, Inc. *
113,354
18,306,671
PDF Solutions, Inc. *
71,208
2,221,690
Photronics, Inc. *
141,579
4,136,938
Power Integrations, Inc.
131,486
9,856,191
Rambus, Inc. *
252,416
17,298,069
Semtech Corp. *
149,537
2,966,814
Silicon Laboratories, Inc. *
73,377
9,051,787
SiTime Corp. *
40,243
4,288,697
SkyWater Technology, Inc. *
43,691
377,490
SMART Global Holdings, Inc. *
112,231
2,205,339
Synaptics, Inc. *
91,187
9,739,683
Transphorm, Inc. *
72,625
351,505
Ultra Clean Holdings, Inc. *
103,020
3,935,364
Veeco Instruments, Inc. *
117,942
3,759,991
 
173,315,236
 
Software & Services 6.3%
8x8, Inc. *
277,657
932,928
A10 Networks, Inc.
164,399
2,198,015
ACI Worldwide, Inc. *
251,531
7,563,537
Adeia, Inc.
248,710
3,019,339
Agilysys, Inc. *
46,468
3,889,836
Alarm.com Holdings, Inc. *
111,023
6,752,419
Alkami Technology, Inc. *
92,686
2,281,929
Altair Engineering, Inc., Class A *
125,925
10,706,144
American Software, Inc., Class A
75,403
854,316
Amplitude, Inc., Class A *
156,460
2,027,722
Appfolio, Inc., Class A *
44,386
9,732,074
Appian Corp., Class A *
94,788
3,092,932
Applied Digital Corp. *(a)
189,521
974,138
Asana, Inc., Class A *
187,837
3,272,121
Aurora Innovation, Inc. *
781,249
2,335,935
AvePoint, Inc. *
343,340
2,643,718
BigBear.ai Holdings, Inc. *(a)
63,294
102,536
BigCommerce Holdings, Inc. *
154,701
1,265,454
Bit Digital, Inc. *(a)
204,171
539,011
SECURITY
NUMBER
OF SHARES
VALUE ($)
Blackbaud, Inc. *
100,685
8,147,430
BlackLine, Inc. *
131,632
7,724,166
Box, Inc., Class A *
325,811
8,464,570
Braze, Inc., Class A *
121,500
6,567,075
Brightcove, Inc. *
99,091
226,918
C3.ai, Inc., Class A *(a)
188,039
4,659,606
Cerence, Inc. *
93,954
1,880,959
Cipher Mining, Inc. *(a)
96,211
292,481
Cleanspark, Inc. *
346,088
2,786,008
Clear Secure, Inc., Class A
190,027
3,616,214
CommVault Systems, Inc. *
102,048
9,355,761
Consensus Cloud Solutions, Inc. *
44,986
977,996
CoreCard Corp. *
16,551
200,267
Couchbase, Inc. *
80,925
2,023,125
CS Disco, Inc. *
51,204
418,849
CXApp, Inc. *
4,459
4,994
Digimarc Corp. *(a)
33,002
1,168,931
Digital Turbine, Inc. *
222,570
1,199,652
DigitalOcean Holdings, Inc. *
146,923
4,954,244
Domo, Inc., Class B *
72,723
790,499
E2open Parent Holdings, Inc. *
393,163
1,478,293
eGain Corp. *
48,556
364,170
Enfusion, Inc., Class A *
87,124
688,280
Envestnet, Inc. *
115,839
5,919,373
Everbridge, Inc. *
93,662
2,094,282
EverCommerce, Inc. *
53,324
519,376
Expensify, Inc., Class A *
126,263
204,546
Fastly, Inc., Class A *
279,214
5,617,786
Freshworks, Inc., Class A *
374,655
8,317,341
Grid Dynamics Holdings, Inc. *
130,250
1,699,763
Hackett Group, Inc.
58,428
1,350,855
Information Services Group, Inc.
86,665
383,059
Instructure Holdings, Inc. *
45,554
1,121,995
Intapp, Inc. *
64,028
2,758,326
InterDigital, Inc.
61,060
6,414,353
Jamf Holding Corp. *
163,499
3,031,271
Kaltura, Inc. *
189,727
318,741
LivePerson, Inc. *
181,747
508,892
LiveRamp Holdings, Inc. *
152,534
6,022,042
Marathon Digital Holdings, Inc. *
493,215
8,744,702
Matterport, Inc. *
591,901
1,331,777
MeridianLink, Inc. *
60,855
1,384,451
MicroStrategy, Inc., Class A *
28,267
14,167,703
Mitek Systems, Inc. *
100,286
1,263,604
Model N, Inc. *
88,158
2,375,858
N-able, Inc. *
160,753
2,086,574
NextNav, Inc. *(a)
128,776
535,708
Olo, Inc., Class A *
237,995
1,230,434
ON24, Inc.
74,870
572,756
OneSpan, Inc. *
92,711
951,215
PagerDuty, Inc. *
209,473
4,960,321
Perficient, Inc. *
79,323
5,404,276
PowerSchool Holdings, Inc., Class A *
130,305
3,067,380
Progress Software Corp.
100,581
5,714,007
PROS Holdings, Inc. *
103,563
3,564,638
Q2 Holdings, Inc. *
131,860
5,610,643
Qualys, Inc. *
86,118
16,290,942
Rackspace Technology, Inc. *
147,037
247,022
Rapid7, Inc. *
140,150
7,712,455
Red Violet, Inc. *
25,499
476,321
Rimini Street, Inc. *
123,429
404,847
Riot Platforms, Inc. *
439,644
4,792,120
Sapiens International Corp. NV
70,811
1,933,140
SEMrush Holdings, Inc., Class A *
71,942
830,211
SolarWinds Corp. *
118,102
1,395,966
SoundHound AI, Inc., Class A *(a)
320,069
531,315
SoundThinking, Inc. *
22,013
454,348
Sprinklr, Inc., Class A *
243,984
3,044,920
Sprout Social, Inc., Class A *
110,801
6,795,425
30  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SPS Commerce, Inc. *
84,975
15,618,405
Squarespace, Inc., Class A *
116,654
3,616,274
Tenable Holdings, Inc. *
264,550
12,460,305
Terawulf, Inc. *(a)
342,820
572,509
Thoughtworks Holding, Inc. *
213,919
1,001,141
Tucows, Inc., Class A *
22,699
524,801
Unisys Corp. *
154,983
1,044,585
Varonis Systems, Inc., Class B *
251,275
11,277,222
Verint Systems, Inc. *
144,363
4,286,137
Veritone, Inc. *(a)
59,872
98,789
Viant Technology, Inc., Class A *
33,212
284,627
Weave Communications, Inc. *
77,890
976,741
Workiva, Inc., Class A *
115,198
10,706,502
Xperi, Inc. *
100,612
1,074,536
Yext, Inc. *
249,598
1,480,116
Zeta Global Holdings Corp., Class A *
320,462
3,102,072
Zuora, Inc., Class A *
307,590
2,811,373
 
357,267,807
 
Technology Hardware & Equipment 4.5%
908 Devices, Inc. *
50,129
354,913
ADTRAN Holdings, Inc.
179,311
1,123,383
Advanced Energy Industries, Inc.
87,173
9,081,683
Aeva Technologies, Inc. *
181,556
154,686
Akoustis Technologies, Inc. *
157,892
90,551
Arlo Technologies, Inc. *
206,874
1,837,041
Aviat Networks, Inc. *
26,245
782,888
Badger Meter, Inc.
68,180
9,817,238
Bel Fuse, Inc., Class B
24,169
1,615,939
Belden, Inc.
98,231
7,286,776
Benchmark Electronics, Inc.
81,551
2,211,663
Calix, Inc. *
136,660
4,534,379
Cambium Networks Corp. *
27,989
118,953
Clearfield, Inc. *
30,271
762,526
Climb Global Solutions, Inc.
9,506
524,921
CommScope Holding Co., Inc. *
486,945
1,129,712
CompoSecure, Inc. *(a)
37,585
189,428
Comtech Telecommunications Corp. *
62,916
398,258
Corsair Gaming, Inc. *
85,142
1,083,858
CPI Card Group, Inc. *
9,729
177,554
CTS Corp.
71,520
2,936,611
Daktronics, Inc. *
86,879
658,543
Digi International, Inc. *
81,718
1,986,565
DZS, Inc. *
49,884
77,819
Eastman Kodak Co. *
129,522
446,851
ePlus, Inc. *
61,417
4,639,440
Evolv Technologies Holdings, Inc. *
265,851
1,161,769
Extreme Networks, Inc. *
291,536
3,938,651
Fabrinet *
85,225
18,196,390
FARO Technologies, Inc. *
43,814
991,949
Harmonic, Inc. *
254,847
2,981,710
Immersion Corp.
71,559
488,748
Infinera Corp. *
460,233
2,273,551
Insight Enterprises, Inc. *
66,500
12,285,210
Intevac, Inc. *
58,321
240,866
IonQ, Inc. *(a)
372,839
3,829,057
Iteris, Inc. *
97,633
470,591
Itron, Inc. *
105,282
7,595,043
Kimball Electronics, Inc. *
55,156
1,311,610
Knowles Corp. *
207,754
3,388,468
KVH Industries, Inc. *
42,847
208,665
Lightwave Logic, Inc. *(a)
269,784
1,162,769
Luna Innovations, Inc. *
73,436
526,536
Methode Electronics, Inc.
78,741
1,634,663
MicroVision, Inc. *(a)
436,333
1,038,473
Mirion Technologies, Inc., Class A *
463,144
4,376,711
Napco Security Technologies, Inc.
76,720
2,666,020
NETGEAR, Inc. *
67,308
955,774
SECURITY
NUMBER
OF SHARES
VALUE ($)
NetScout Systems, Inc. *
160,239
3,446,741
nLight, Inc. *
104,159
1,351,984
Novanta, Inc. *
82,949
12,819,768
OSI Systems, Inc. *
37,198
4,762,460
PAR Technology Corp. *
61,367
2,794,653
PC Connection, Inc.
26,537
1,711,902
Plexus Corp. *
63,674
6,031,201
Presto Automation, Inc. *
7,273
1,593
Ribbon Communications, Inc. *
210,312
639,348
Richardson Electronics Ltd.
27,359
269,213
Rogers Corp. *
40,152
4,628,321
Sanmina Corp. *
131,155
7,845,692
ScanSource, Inc. *
57,131
2,242,963
SmartRent, Inc. *
426,523
1,258,243
Super Micro Computer, Inc. *
107,350
56,853,634
TTM Technologies, Inc. *
239,102
3,325,909
Turtle Beach Corp. *
38,668
439,655
Viavi Solutions, Inc. *
513,147
5,044,235
Vishay Intertechnology, Inc.
298,958
6,496,357
Vishay Precision Group, Inc. *
28,778
917,443
Vuzix Corp. *(a)
142,266
237,584
Xerox Holdings Corp.
271,745
5,016,413
 
253,880,715
 
Telecommunication Services 0.6%
Anterix, Inc. *
29,760
887,443
AST SpaceMobile, Inc., Class A *(a)
185,615
532,715
ATN International, Inc.
25,568
943,459
Bandwidth, Inc., Class A *
55,335
765,836
Charge Enterprises, Inc. *
312,226
42,931
Cogent Communications Holdings, Inc.
101,214
7,813,721
Consolidated Communications Holdings,
Inc. *
177,117
768,688
EchoStar Corp., Class A *
281,733
3,772,405
Globalstar, Inc. *
1,614,674
2,567,332
Gogo, Inc. *
152,252
1,347,430
IDT Corp., Class B *
35,887
1,240,973
Liberty Latin America Ltd., Class C *
398,644
2,838,345
Lumen Technologies, Inc. *
2,327,870
2,840,001
Ooma, Inc. *
56,746
613,992
Shenandoah Telecommunications Co.
113,037
2,316,128
Spok Holdings, Inc.
41,015
679,208
Telephone & Data Systems, Inc.
229,756
4,413,613
Tingo Group, Inc. *(a)(b)
279,175
48,158
 
34,432,378
 
Transportation 1.3%
Air Transport Services Group, Inc. *
130,967
2,028,679
Allegiant Travel Co.
36,644
2,872,890
ArcBest Corp.
55,001
6,552,269
Blade Air Mobility, Inc. *
142,325
424,129
Costamare, Inc.
106,990
1,145,863
Covenant Logistics Group, Inc., Class A
19,216
928,901
Daseke, Inc. *
98,787
804,126
Eagle Bulk Shipping, Inc.
21,378
1,178,569
Forward Air Corp.
59,462
2,635,950
Frontier Group Holdings, Inc. *(a)
87,125
424,299
FTAI Infrastructure, Inc.
227,070
967,318
Genco Shipping & Trading Ltd.
97,564
1,711,273
Golden Ocean Group Ltd.
283,621
2,997,874
Hawaiian Holdings, Inc. *
118,142
1,683,524
Heartland Express, Inc.
107,901
1,397,318
Himalaya Shipping Ltd. *
65,618
427,173
Hub Group, Inc., Class A *
145,498
6,588,149
JetBlue Airways Corp. *
776,855
4,125,100
Joby Aviation, Inc. *
644,137
3,516,988
Marten Transport Ltd.
133,748
2,474,338
  31

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Matson, Inc.
80,013
8,963,856
PAM Transportation Services, Inc. *
13,871
287,268
Pangaea Logistics Solutions Ltd.
83,274
776,114
Radiant Logistics, Inc. *
84,440
518,462
RXO, Inc. *
269,356
5,602,605
Safe Bulkers, Inc.
152,457
615,926
SkyWest, Inc. *
93,583
4,984,231
Spirit Airlines, Inc. (a)
253,610
1,595,207
Sun Country Airlines Holdings, Inc. *
87,267
1,187,704
Universal Logistics Holdings, Inc.
15,506
473,243
Werner Enterprises, Inc.
146,211
5,782,645
 
75,671,991
 
Utilities 2.6%
ALLETE, Inc.
133,978
7,919,440
Altus Power, Inc., Class A *
150,157
809,346
American States Water Co.
85,973
6,413,586
Artesian Resources Corp., Class A
21,025
767,413
Avista Corp.
177,231
6,027,626
Black Hills Corp.
155,960
8,072,490
Brookfield Infrastructure Corp., Class A
277,097
9,701,166
Cadiz, Inc. *
92,704
251,228
California Water Service Group
134,091
6,070,300
Chesapeake Utilities Corp.
49,351
4,998,269
Consolidated Water Co. Ltd.
34,485
1,101,106
Genie Energy Ltd., Class B
46,027
856,562
Global Water Resources, Inc.
25,957
311,224
MGE Energy, Inc.
84,272
5,434,701
Middlesex Water Co.
40,584
2,271,486
Montauk Renewables, Inc. *
155,912
1,077,352
New Jersey Resources Corp.
225,345
9,200,836
Northwest Natural Holding Co.
83,064
3,061,739
Northwestern Energy Group, Inc.
142,984
6,880,390
ONE Gas, Inc.
128,010
7,855,974
Ormat Technologies, Inc.
123,617
7,995,548
Otter Tail Corp.
95,607
8,644,785
PNM Resources, Inc.
198,722
7,199,698
Portland General Electric Co.
234,959
9,616,872
Pure Cycle Corp. *
44,714
437,750
RGC Resources, Inc.
18,313
349,961
SJW Group
74,023
4,407,329
Southwest Gas Holdings, Inc.
142,801
8,379,563
Spire, Inc.
119,184
6,766,076
Sunnova Energy International, Inc. *
245,627
2,583,996
Unitil Corp.
36,776
1,747,596
York Water Co.
32,974
1,183,107
 
148,394,515
Total Common Stocks
(Cost $4,313,328,502)
5,647,792,975
SECURITY
NUMBER
OF SHARES
VALUE ($)
RIGHTS 0.0% OF NET ASSETS
 
Pharmaceuticals, Biotechnology & Life Sciences 0.0%
Aduro Biotech, Inc. CVR *(b)
27,867
72,998
Cartesian Therapeutics, Inc. CVR *(b)
265,512
47,792
Gtx, Inc. CVR *(b)
592
607
Jounce Therapeutics, Inc. CVR *(b)
100,774
3,023
Tobira Therapeutics, Inc. CVR *(b)
14,029
67,059
 
191,479
Total Rights
(Cost $44,006)
191,479
 
 
 
SHORT-TERM INVESTMENTS 1.6% OF NET ASSETS
 
Money Market Funds 1.6%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (c)(d)
92,328,728
92,328,728
Total Short-Term Investments
(Cost $92,328,728)
92,328,728
Total Investments in Securities
(Cost $4,405,701,236)
5,740,313,182
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long
Russell 2000 Index, e-mini,
expires 03/15/24
235
22,981,825
(270,097
)
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$83,559,278.
(b)
Fair valued using significant unobservable inputs (see notes to portfolio
holdings 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

32  

Schwab Small-Cap Index Fund
Portfolio Holdings (Unaudited) continued
The following is a summary of the inputs used to value the fund’s investments as of January 31, 2024 (see notes to portfolio holdings for additional information):
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
$4,438,699,018
$
$
$4,438,699,018
Equity Real Estate Investment Trusts (REITs)
297,753,011
19,696
297,772,707
Health Care Equipment & Services
325,795,976
0
*
325,795,976
Pharmaceuticals, Biotechnology & Life Sciences
550,874,148
218,748
551,092,896
Telecommunication Services
34,384,220
48,158
34,432,378
Rights
Pharmaceuticals, Biotechnology & Life Sciences
191,479
191,479
Short-Term Investments1
92,328,728
92,328,728
Liabilities
Futures Contracts2
(270,097
)
(270,097
)
Total
$5,739,565,004
$—
$478,081
$5,740,043,085
*
Level 3 amount shown includes securities determined to have no value at January 31, 2024.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
  33

Schwab Capital Trust
Schwab Total Stock Market Index Fund
Portfolio Holdings as of January 31, 2024 (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 1.6%
Adient PLC *
40,665
1,411,482
American Axle & Manufacturing
Holdings, Inc. *
60,450
489,040
Aptiv PLC *
125,998
10,247,417
Atmus Filtration Technologies,
Inc. *(a)
6,861
153,206
Autoliv, Inc.
33,157
3,551,778
BorgWarner, Inc.
105,976
3,592,586
Canoo, Inc. *
546,247
111,544
Cooper-Standard Holdings, Inc. *
8,444
148,530
Dana, Inc.
54,773
742,722
Dorman Products, Inc. *
13,443
1,094,395
Envirotech Vehicles, Inc. *
9,637
17,057
Fisker, Inc. *(a)
113,883
91,380
Ford Motor Co.
1,760,484
20,632,872
Fox Factory Holding Corp. *
18,890
1,190,826
Garrett Motion, Inc. *
66,397
570,350
General Motors Co.
611,361
23,720,807
Gentex Corp.
105,044
3,480,108
Gentherm, Inc. *
14,378
692,301
Goodyear Tire & Rubber Co. *
127,808
1,781,644
Harley-Davidson, Inc.
56,679
1,839,234
Holley, Inc. *
22,922
109,338
LCI Industries
11,790
1,311,991
Lear Corp.
26,114
3,470,551
Lucid Group, Inc. *(a)
410,570
1,387,727
Luminar Technologies, Inc.,
Class A *(a)
121,127
329,465
Mobileye Global, Inc., Class A *
35,165
909,367
Modine Manufacturing Co. *
24,298
1,678,749
Motorcar Parts of America, Inc. *
7,218
65,900
Mullen Automotive, Inc. *(a)
2,616
18,364
Patrick Industries, Inc.
9,154
918,970
Phinia, Inc.
20,144
609,155
QuantumScape Corp., Class A *(a)
152,156
1,036,182
Rivian Automotive, Inc., Class A *
299,867
4,590,964
Solid Power, Inc. *
46,229
74,891
Standard Motor Products, Inc.
7,798
314,649
Stoneridge, Inc. *
11,655
207,342
Strattec Security Corp. *
1,500
37,875
Superior Industries International,
Inc. *
10,350
35,811
Tesla, Inc. *
1,238,244
231,910,719
Thor Industries, Inc.
24,055
2,718,696
Visteon Corp. *
12,716
1,466,028
Winnebago Industries, Inc.
13,059
858,237
Workhorse Group, Inc. *
79,433
21,050
Worksport Ltd. *
13,921
18,654
XPEL, Inc. *
9,832
525,520
 
330,185,474
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Banks 3.5%
1895 Bancorp of Wisconsin, Inc. *
1,526
12,376
1st Source Corp.
6,934
362,440
ACNB Corp.
3,576
139,571
Affinity Bancshares, Inc. *
1,146
19,173
Amalgamated Financial Corp.
7,518
199,678
Amerant Bancorp, Inc.
10,892
246,268
American National Bankshares, Inc.
4,310
195,200
Ameris Bancorp
29,643
1,471,479
AmeriServ Financial, Inc.
4,001
11,883
Ames National Corp.
4,056
85,744
Arrow Financial Corp.
6,961
175,348
Associated Banc-Corp.
69,004
1,449,774
Atlantic Union Bankshares Corp.
34,618
1,182,551
Auburn National BanCorp, Inc.
800
16,352
Axos Financial, Inc. *
22,736
1,260,256
Banc of California, Inc.
57,990
799,102
BancFirst Corp.
6,480
573,545
Bancorp, Inc. *
23,768
1,037,236
Bank First Corp.
3,759
317,410
Bank of America Corp.
3,082,534
104,836,981
Bank of Hawaii Corp.
18,380
1,162,167
Bank of Marin Bancorp
6,631
129,835
Bank of the James Financial Group,
Inc.
2,744
33,285
Bank OZK
46,860
2,113,855
Bank7 Corp.
2,054
57,409
BankFinancial Corp.
3,213
34,829
BankUnited, Inc.
32,097
907,061
Bankwell Financial Group, Inc.
2,376
65,934
Banner Corp.
14,660
682,863
Bar Harbor Bankshares
5,903
155,308
BayCom Corp.
4,901
100,029
Bayfirst Financial Corp.
784
9,871
BCB Bancorp, Inc.
7,033
87,350
Berkshire Hills Bancorp, Inc.
19,410
465,840
Blue Foundry Bancorp *
9,742
92,939
Blue Ridge Bankshares, Inc. *
5,502
13,755
Bogota Financial Corp. *
1,050
8,453
BOK Financial Corp.
12,146
1,018,321
Bridgewater Bancshares, Inc. *
8,542
106,860
Broadway Financial Corp. *
2,507
15,293
Brookline Bancorp, Inc.
38,717
418,918
Burke & Herbert Financial Services
Corp.
2,960
172,864
Business First Bancshares, Inc.
9,475
213,661
Byline Bancorp, Inc.
14,729
321,681
C&F Financial Corp.
1,200
66,600
Cadence Bank
83,438
2,221,120
California BanCorp *
2,455
62,185
Cambridge Bancorp
3,535
242,466
Camden National Corp.
5,912
213,009
Capital Bancorp, Inc.
3,170
68,979
Capital City Bank Group, Inc.
5,558
158,848
Capitol Federal Financial, Inc.
63,473
402,419
34  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Capstar Financial Holdings, Inc.
7,364
133,951
Carter Bankshares, Inc. *
9,825
142,070
Catalyst Bancorp, Inc. *
1,359
16,172
Cathay General Bancorp
32,565
1,340,701
CB Financial Services, Inc.
2,090
49,136
Central Pacific Financial Corp.
11,311
217,963
Central Valley Community Bancorp
3,998
77,641
CF Bankshares, Inc.
2,505
54,584
Chemung Financial Corp.
1,306
60,755
ChoiceOne Financial Services, Inc.
2,484
66,273
Citigroup, Inc.
856,885
48,131,230
Citizens & Northern Corp.
5,947
120,546
Citizens Community Bancorp, Inc.
3,309
40,171
Citizens Financial Group, Inc.
210,004
6,867,131
Citizens Financial Services, Inc.
1,994
116,749
City Holding Co.
6,363
650,362
Civista Bancshares, Inc.
5,755
98,353
CNB Financial Corp.
8,219
175,476
Coastal Financial Corp. *
5,270
210,273
Codorus Valley Bancorp, Inc.
4,360
102,765
Colony Bankcorp, Inc.
7,200
88,056
Columbia Banking System, Inc.
93,886
1,892,742
Columbia Financial, Inc. *
14,396
258,840
Comerica, Inc.
58,858
3,094,754
Commerce Bancshares, Inc.
52,932
2,758,816
Community Bank System, Inc.
25,119
1,149,697
Community Trust Bancorp, Inc.
6,370
264,355
Community West Bancshares
3,580
55,705
ConnectOne Bancorp, Inc.
14,768
337,301
CrossFirst Bankshares, Inc. *
17,616
248,738
Cullen/Frost Bankers, Inc.
28,859
3,062,517
Cullman Bancorp, Inc.
1,374
14,784
Customers Bancorp, Inc. *
12,356
660,305
CVB Financial Corp.
61,166
1,025,754
Dime Community Bancshares, Inc.
18,909
431,314
Eagle Bancorp Montana, Inc.
2,563
37,189
Eagle Bancorp, Inc.
13,609
337,367
East West Bancorp, Inc.
63,899
4,652,486
Eastern Bankshares, Inc.
67,979
948,987
ECB Bancorp, Inc. *
4,412
59,165
Enterprise Bancorp, Inc.
3,412
96,969
Enterprise Financial Services Corp.
15,939
663,541
Equity Bancshares, Inc., Class A
6,351
208,630
Esquire Financial Holdings, Inc.
3,256
162,344
ESSA Bancorp, Inc.
3,176
60,376
Evans Bancorp, Inc.
2,622
77,270
Farmers & Merchants Bancorp, Inc.
6,004
135,690
Farmers National Banc Corp.
14,833
203,509
FB Financial Corp.
17,225
641,631
Fidelity D&D Bancorp, Inc.
1,779
88,487
Fifth Third Bancorp
305,331
10,454,533
Financial Institutions, Inc.
6,134
128,201
Finward Bancorp
1,806
43,615
Finwise Bancorp *
4,562
63,001
First BanCorp
76,777
1,280,640
First Bancorp, Inc.
3,588
89,700
First Bancorp/Southern Pines NC
20,264
700,324
First Bancshares, Inc.
11,989
304,880
First Bank
9,056
124,429
First Busey Corp.
25,293
595,397
First Business Financial Services, Inc.
2,713
99,757
First Capital, Inc.
1,074
31,264
First Citizens BancShares, Inc.,
Class A
5,295
7,995,450
First Commonwealth Financial Corp.
43,700
612,237
First Community Bankshares, Inc.
8,451
289,700
First Community Corp.
3,520
65,824
First Financial Bancorp
42,225
946,685
First Financial Bankshares, Inc.
59,024
1,843,320
SECURITY
NUMBER
OF SHARES
VALUE ($)
First Financial Corp.
4,167
164,263
First Financial Northwest, Inc.
2,960
61,805
First Foundation, Inc.
23,207
220,931
First Guaranty Bancshares, Inc.
2,887
35,424
First Hawaiian, Inc.
58,509
1,269,060
First Horizon Corp.
251,327
3,578,896
First Internet Bancorp
3,435
113,286
First Interstate BancSystem, Inc.,
Class A
37,307
1,026,689
First Merchants Corp.
28,372
959,257
First Mid Bancshares, Inc.
12,345
388,497
First National Corp.
2,648
54,920
First Northwest Bancorp
3,416
49,669
First of Long Island Corp.
9,603
115,428
First Savings Financial Group, Inc.
2,389
43,002
First Seacoast Bancorp, Inc. *
3,389
29,789
First U.S. Bancshares, Inc.
4,841
47,974
First United Corp.
2,849
64,786
First Western Financial, Inc. *
2,786
47,501
Five Star Bancorp
4,893
116,600
Flushing Financial Corp.
12,108
194,091
FNB Corp.
159,034
2,096,068
FNCB Bancorp, Inc.
8,643
56,180
Franklin Financial Services Corp.
1,992
64,381
FS Bancorp, Inc.
3,171
116,756
Fulton Financial Corp.
71,236
1,110,569
FVCBankcorp, Inc. *
8,954
109,866
German American Bancorp, Inc.
14,939
494,929
Glacier Bancorp, Inc.
50,234
1,942,046
Great Southern Bancorp, Inc.
4,013
209,037
Greene County Bancorp, Inc.
3,212
80,300
Guaranty Bancshares, Inc.
3,536
107,813
Hancock Whitney Corp.
39,748
1,793,032
Hanmi Financial Corp.
13,522
226,494
HarborOne Bancorp, Inc.
18,808
205,383
Hawthorn Bancshares, Inc.
2,065
52,038
HBT Financial, Inc.
5,821
113,335
Heartland Financial USA, Inc.
18,495
656,018
Heritage Commerce Corp.
26,186
232,794
Heritage Financial Corp.
14,372
289,596
Hilltop Holdings, Inc.
19,849
625,045
Hingham Institution For Savings
707
130,696
HMN Financial, Inc.
2,233
49,684
Home Bancorp, Inc.
3,387
134,870
Home BancShares, Inc.
83,150
1,949,036
HomeStreet, Inc.
8,389
115,433
HomeTrust Bancshares, Inc.
6,363
172,755
Hope Bancorp, Inc.
59,050
654,274
Horizon Bancorp, Inc.
16,744
219,514
Huntington Bancshares, Inc.
645,844
8,221,594
IF Bancorp, Inc.
584
9,928
Independent Bank Corp.
19,247
1,079,564
Independent Bank Corp./MI
9,444
240,255
Independent Bank Group, Inc.
17,129
828,187
International Bancshares Corp.
24,669
1,304,003
Investar Holding Corp.
3,333
59,661
John Marshall Bancorp, Inc.
4,443
84,417
JPMorgan Chase & Co.
1,294,364
225,685,307
Kearny Financial Corp.
30,246
218,679
KeyCorp
422,099
6,133,098
Lakeland Bancorp, Inc.
27,779
369,183
Lakeland Financial Corp.
12,289
822,871
Landmark Bancorp, Inc.
2,076
43,928
LCNB Corp.
4,732
69,892
LINKBANCORP, Inc.
5,773
41,162
Live Oak Bancshares, Inc.
14,105
512,999
Luther Burbank Corp. *
2,989
28,694
M&T Bank Corp.
74,774
10,326,289
Macatawa Bank Corp.
10,493
111,855
  35

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Magyar Bancorp, Inc.
1,051
12,118
MainStreet Bancshares, Inc.
3,000
55,560
Mercantile Bank Corp.
5,802
232,602
Meridian Corp.
3,846
46,537
Metrocity Bankshares, Inc.
7,678
183,504
Metropolitan Bank Holding Corp. *
4,799
232,704
Mid Penn Bancorp, Inc.
5,597
119,664
Middlefield Banc Corp.
3,452
91,133
Midland States Bancorp, Inc.
8,785
230,694
MidWestOne Financial Group, Inc.
5,792
147,696
MVB Financial Corp.
4,605
98,685
National Bank Holdings Corp.,
Class A
15,969
558,915
National Bankshares, Inc.
2,506
80,844
NBT Bancorp, Inc.
20,149
716,700
New York Community Bancorp, Inc.
329,468
2,131,658
Nicolet Bankshares, Inc.
5,917
460,165
Northeast Bank
3,001
164,545
Northeast Community Bancorp, Inc.
5,675
97,780
Northfield Bancorp, Inc.
18,804
226,212
Northrim BanCorp, Inc.
2,596
131,176
Northwest Bancshares, Inc.
54,295
671,629
Norwood Financial Corp.
3,060
83,813
NSTS Bancorp, Inc. *
1,610
15,327
Oak Valley Bancorp
3,707
96,567
OceanFirst Financial Corp.
25,110
432,645
OFG Bancorp
20,123
739,923
Ohio Valley Banc Corp.
1,400
33,670
Old National Bancorp
130,974
2,157,142
Old Point Financial Corp.
1,643
29,607
Old Second Bancorp, Inc.
17,372
236,607
OP Bancorp
5,203
56,765
Orange County Bancorp, Inc.
1,662
80,673
Origin Bancorp, Inc.
12,052
367,586
Orrstown Financial Services, Inc.
4,595
127,190
Pacific Premier Bancorp, Inc.
45,517
1,154,766
Park National Corp.
6,164
805,512
Parke Bancorp, Inc.
4,518
83,628
Pathfinder Bancorp, Inc.
593
8,130
Pathward Financial, Inc.
11,847
613,438
PB Bankshares, Inc. *
2,277
30,626
PCB Bancorp
4,081
68,357
Peapack-Gladstone Financial Corp.
6,657
183,600
Penns Woods Bancorp, Inc.
2,250
48,510
Peoples Bancorp of North Carolina,
Inc.
1,896
55,155
Peoples Bancorp, Inc.
15,377
450,546
Peoples Financial Services Corp.
2,693
117,711
Pinnacle Financial Partners, Inc.
34,143
3,017,558
Pioneer Bancorp, Inc. *
2,717
26,491
Plumas Bancorp
2,267
79,980
PNC Financial Services Group, Inc.
178,527
26,995,068
Ponce Financial Group, Inc. *
10,983
99,506
Popular, Inc.
32,118
2,744,483
Preferred Bank
5,696
409,201
Premier Financial Corp.
14,638
305,788
Primis Financial Corp.
10,278
135,670
Princeton Bancorp, Inc.
1,590
51,929
Prosperity Bancshares, Inc.
42,545
2,719,051
Provident Bancorp, Inc. *
6,035
65,600
Provident Financial Holdings, Inc.
3,562
53,786
Provident Financial Services, Inc.
32,096
531,189
QCR Holdings, Inc.
7,130
416,463
RBB Bancorp
6,055
107,113
Red River Bancshares, Inc.
1,974
101,089
Regions Financial Corp.
419,248
7,827,360
Renasant Corp.
26,630
842,307
Republic Bancorp, Inc., Class A
3,781
193,549
Richmond Mutual BanCorp, Inc.
4,348
50,089
SECURITY
NUMBER
OF SHARES
VALUE ($)
Riverview Bancorp, Inc.
6,215
34,120
S&T Bancorp, Inc.
16,257
542,008
Sandy Spring Bancorp, Inc.
19,518
475,849
SB Financial Group, Inc.
3,301
50,571
Seacoast Banking Corp. of Florida
37,995
933,157
ServisFirst Bancshares, Inc.
22,675
1,522,400
Shore Bancshares, Inc.
11,833
153,119
Sierra Bancorp
5,854
121,471
Simmons First National Corp.,
Class A
54,646
1,038,820
SmartFinancial, Inc.
6,197
144,142
Sound Financial Bancorp, Inc.
596
23,488
South Plains Financial, Inc.
5,663
153,354
Southern California Bancorp *
5,092
83,763
Southern First Bancshares, Inc. *
2,967
111,233
Southern Missouri Bancorp, Inc.
4,045
176,402
Southern States Bancshares, Inc.
2,910
74,380
Southside Bancshares, Inc.
12,464
390,123
SouthState Corp.
33,792
2,808,115
Stellar Bancorp, Inc.
23,106
578,343
Sterling Bancorp, Inc. *
9,738
52,683
Stock Yards Bancorp, Inc.
13,389
665,701
Summit Financial Group, Inc.
6,235
176,388
Summit State Bank
1,071
12,595
Synovus Financial Corp.
66,672
2,510,868
TC Bancshares, Inc.
3,005
41,138
Territorial Bancorp, Inc.
4,386
47,106
Texas Capital Bancshares, Inc. *
21,446
1,308,206
TFS Financial Corp.
26,645
354,911
Third Coast Bancshares, Inc. *
6,287
119,453
Timberland Bancorp, Inc.
3,571
99,881
Tompkins Financial Corp.
5,291
261,323
Towne Bank
31,866
895,753
TriCo Bancshares
14,278
519,005
Triumph Financial, Inc. *
9,395
663,757
Truist Financial Corp.
597,034
22,126,080
TrustCo Bank Corp.
7,608
219,871
Trustmark Corp.
26,268
708,973
U.S. Bancorp
697,101
28,957,576
UMB Financial Corp.
19,832
1,636,140
Union Bankshares, Inc.
2,125
63,686
United Bancorp, Inc.
3,371
40,587
United Bankshares, Inc.
60,481
2,168,244
United Community Banks, Inc.
53,201
1,454,515
United Security Bancshares
6,461
52,011
Unity Bancorp, Inc.
2,383
65,270
Univest Financial Corp.
12,810
272,084
USCB Financial Holdings, Inc. *
5,422
65,769
Valley National Bancorp
191,195
1,839,296
Veritex Holdings, Inc.
23,608
496,004
Virginia National Bankshares Corp.
2,256
74,471
WaFd, Inc.
28,038
814,224
Washington Trust Bancorp, Inc.
7,375
205,099
Webster Financial Corp.
76,490
3,784,725
Wells Fargo & Co.
1,625,961
81,590,723
WesBanco, Inc.
28,444
834,547
West BanCorp, Inc.
6,294
118,390
Westamerica BanCorp
11,683
557,513
Western Alliance Bancorp
48,934
3,129,819
Western New England Bancorp, Inc.
10,349
88,070
William Penn Bancorp
4,788
59,228
Wintrust Financial Corp.
27,248
2,642,511
WSFS Financial Corp.
28,278
1,258,654
Zions Bancorp NA
66,517
2,787,062
 
749,852,381
 
36  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Capital Goods 6.4%
374Water, Inc. *(a)
24,532
29,438
3D Systems Corp. *
57,208
274,026
3M Co.
247,678
23,368,419
A O Smith Corp.
54,738
4,248,216
AAON, Inc.
30,751
2,157,490
AAR Corp. *
15,508
943,197
Acuity Brands, Inc.
13,602
3,239,452
Advanced Drainage Systems, Inc.
30,856
4,024,240
AECOM
62,336
5,497,412
AeroVironment, Inc. *
11,690
1,410,282
AerSale Corp. *
13,422
124,825
AGCO Corp.
28,277
3,459,125
AgEagle Aerial Systems, Inc. *
81,955
5,589
Air Lease Corp., Class A
46,954
1,963,147
Alamo Group, Inc.
4,523
960,142
Albany International Corp., Class A
14,231
1,265,278
Allegion PLC
39,405
4,881,885
Allient, Inc.
6,061
168,859
Allison Transmission Holdings, Inc.
39,327
2,380,857
Alpha Pro Tech Ltd. *
5,970
30,208
Alta Equipment Group, Inc.
10,115
108,230
Ameresco, Inc., Class A *
14,647
299,238
American Superconductor Corp. *
15,966
175,626
American Woodmark Corp. *
7,275
664,062
AMETEK, Inc.
103,345
16,747,057
Amprius Technologies, Inc. *
6,864
28,074
API Group Corp. *
90,411
2,849,755
Apogee Enterprises, Inc.
9,815
518,330
Applied Industrial Technologies, Inc.
17,335
3,058,934
Archer Aviation, Inc., Class A *(a)
85,720
414,028
Arcosa, Inc.
21,785
1,705,330
Argan, Inc.
5,730
254,011
Armstrong World Industries, Inc.
19,307
1,915,447
Array Technologies, Inc. *
67,077
888,099
Astec Industries, Inc.
9,833
350,055
Astra Space, Inc. *(a)
7,404
14,660
Astronics Corp. *
12,013
203,140
Atkore, Inc. *
16,714
2,549,386
Axon Enterprise, Inc. *
31,671
7,887,979
AZEK Co., Inc., Class A *
67,533
2,604,072
AZZ, Inc.
11,203
699,627
Babcock & Wilcox Enterprises, Inc. *
30,009
39,612
Barnes Group, Inc.
21,513
712,295
Beacon Roofing Supply, Inc. *
28,115
2,330,452
Beam Global *(a)
3,328
22,730
Blink Charging Co. *(a)
21,494
51,586
Bloom Energy Corp., Class A *
99,158
1,122,469
Blue Bird Corp. *
7,221
210,348
BlueLinx Holdings, Inc. *
3,850
444,059
Boeing Co. *
254,609
53,732,683
Boise Cascade Co.
17,746
2,403,873
Bowman Consulting Group Ltd.,
Class A *
3,474
109,118
Broadwind, Inc. *
7,298
17,077
Builders FirstSource, Inc. *
55,322
9,611,091
BWX Technologies, Inc.
41,486
3,380,279
Cadre Holdings, Inc.
6,467
219,813
Carlisle Cos., Inc.
21,916
6,887,322
Carrier Global Corp.
376,705
20,609,531
Caterpillar, Inc.
228,402
68,591,405
ChargePoint Holdings, Inc. *(a)
135,017
256,532
Chart Industries, Inc. *
18,899
2,205,891
ClearSign Technologies Corp. *
25,555
25,299
CNH Industrial NV
433,714
5,204,568
Columbus McKinnon Corp.
11,948
466,808
Comfort Systems USA, Inc.
15,740
3,422,978
Commercial Vehicle Group, Inc. *
13,417
87,076
SECURITY
NUMBER
OF SHARES
VALUE ($)
Concrete Pumping Holdings, Inc. *
9,442
72,892
Construction Partners, Inc., Class A *
19,811
901,400
Core & Main, Inc., Class A *
74,992
3,097,920
CPI Aerostructures, Inc. *
9,173
24,767
Crane Co.
21,790
2,704,357
CSW Industrials, Inc.
7,187
1,520,554
Cummins, Inc.
63,570
15,212,301
Curtiss-Wright Corp.
16,857
3,751,862
Custom Truck One Source, Inc. *
24,214
158,360
Deere & Co.
119,918
47,197,326
Desktop Metal, Inc., Class A *(a)
150,462
97,605
Distribution Solutions Group, Inc. *
4,920
157,046
DNOW Inc *
46,130
465,452
Donaldson Co., Inc.
53,496
3,455,307
Douglas Dynamics, Inc.
10,577
266,012
Dover Corp.
62,616
9,378,624
Ducommun, Inc. *
6,692
330,250
DXP Enterprises, Inc. *
6,811
219,450
Dycom Industries, Inc. *
13,550
1,513,535
Eastern Co.
1,809
44,483
Eaton Corp. PLC
178,775
43,992,952
EMCOR Group, Inc.
21,190
4,833,651
Emerson Electric Co.
254,357
23,332,168
Encore Wire Corp.
7,016
1,582,108
Energy Recovery, Inc. *
23,814
369,355
Energy Vault Holdings, Inc. *
35,879
54,536
Enerpac Tool Group Corp., Class A
24,176
755,016
EnerSys
18,542
1,772,059
Enovix Corp. *(a)
65,857
613,129
Enpro, Inc.
9,537
1,424,637
Eos Energy Enterprises, Inc. *(a)
51,020
56,632
Esab Corp.
25,979
2,233,934
ESCO Technologies, Inc.
11,966
1,218,976
ESS Tech, Inc. *
37,500
38,625
Eve Holding, Inc. *(a)
13,706
84,977
EVI Industries, Inc.
2,765
63,844
Fastenal Co.
255,583
17,438,428
Federal Signal Corp.
27,302
2,101,708
Ferguson PLC
91,114
17,116,676
Flowserve Corp.
59,998
2,395,720
Fluence Energy, Inc. *
25,579
508,255
Fluor Corp. *
76,171
2,872,408
Flux Power Holdings, Inc. *
3,973
18,196
Fortive Corp.
158,022
12,354,160
Fortune Brands Innovations, Inc.
57,048
4,426,354
Franklin Electric Co., Inc.
17,679
1,666,423
FreightCar America, Inc. *
5,033
14,344
FTAI Aviation Ltd.
44,452
2,398,185
FuelCell Energy, Inc. *(a)
245,463
294,556
Gates Industrial Corp. PLC *
70,378
906,469
GATX Corp.
16,085
1,972,825
Gencor Industries, Inc. *
3,418
53,321
Generac Holdings, Inc. *
27,474
3,122,970
General Dynamics Corp.
101,411
26,872,901
General Electric Co.
487,293
64,527,339
Gibraltar Industries, Inc. *
13,337
1,079,230
Global Industrial Co.
6,777
288,226
GMS, Inc. *
17,591
1,480,459
Gorman-Rupp Co.
9,748
325,486
Graco, Inc.
75,964
6,479,729
GrafTech International Ltd.
82,134
109,238
Graham Corp. *
4,043
78,677
Granite Construction, Inc.
18,734
845,091
Great Lakes Dredge & Dock Corp. *
30,154
230,377
Greenbrier Cos., Inc.
15,526
705,812
Griffon Corp.
17,893
1,042,446
H&E Equipment Services, Inc.
14,463
777,965
Hayward Holdings, Inc. *
54,969
688,212
HEICO Corp.
44,500
7,991,755
  37

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Helios Technologies, Inc.
16,121
665,152
Herc Holdings, Inc.
12,367
1,824,009
Hexcel Corp.
37,494
2,489,227
Hillenbrand, Inc.
31,846
1,483,068
Hillman Solutions Corp. *
86,449
759,887
Honeywell International, Inc.
295,160
59,699,062
Howmet Aerospace, Inc.
175,324
9,863,728
Hubbell, Inc., Class B
23,956
8,038,915
Hudson Technologies, Inc. *
17,443
221,177
Huntington Ingalls Industries, Inc.
17,595
4,555,697
Hurco Cos., Inc.
3,214
77,490
Hydrofarm Holdings Group, Inc. *
27,153
26,881
Hyliion Holdings Corp. *
54,325
57,041
Hyster-Yale Materials Handling, Inc.
4,451
292,520
Hyzon Motors, Inc. *(a)
59,135
45,534
Ideal Power, Inc. *
3,471
25,165
IDEX Corp.
33,843
7,157,794
IES Holdings, Inc. *
3,807
312,022
Illinois Tool Works, Inc.
122,589
31,983,470
Ingersoll Rand, Inc.
180,775
14,436,691
INNOVATE Corp. *
23,119
20,900
Innovative Solutions & Support, Inc. *
6,865
55,881
Insteel Industries, Inc.
8,973
310,735
Intuitive Machines, Inc. *(a)
4,780
18,068
ITT, Inc.
36,551
4,414,630
Janus International Group, Inc. *
42,467
600,908
JELD-WEN Holding, Inc. *
41,048
763,493
John Bean Technologies Corp.
14,561
1,438,044
Johnson Controls International PLC
304,930
16,066,762
Kadant, Inc.
5,113
1,462,318
Kaman Corp.
12,339
555,872
Karat Packaging, Inc.
3,014
72,698
Kennametal, Inc.
34,295
840,913
Kratos Defense & Security Solutions,
Inc. *
59,062
999,920
L B Foster Co., Class A *
5,290
121,617
L3Harris Technologies, Inc.
84,759
17,665,471
Lennox International, Inc.
14,266
6,108,131
Leonardo DRS, Inc. *
30,996
601,632
Limbach Holdings, Inc. *
4,683
201,369
Lincoln Electric Holdings, Inc.
25,712
5,713,721
Lindsay Corp.
4,679
608,785
Lockheed Martin Corp.
98,860
42,451,473
LS Starrett Co., Class A *
2,865
38,391
LSI Industries, Inc.
12,912
176,378
Luxfer Holdings PLC
12,212
100,505
Manitex International, Inc. *
9,465
70,798
Manitowoc Co., Inc. *
15,925
256,392
Masco Corp.
101,243
6,812,641
Masonite International Corp. *
9,341
859,839
MasTec, Inc. *
27,749
1,822,277
Masterbrand, Inc. *
54,311
764,156
Matrix Service Co. *
10,847
100,660
Mayville Engineering Co., Inc. *
3,327
42,220
McGrath RentCorp
11,233
1,411,426
MDU Resources Group, Inc.
92,911
1,812,694
Mega Matrix Corp. *
24,173
76,387
Mercury Systems, Inc. *
22,496
667,231
Microvast Holdings, Inc. *(a)
86,292
80,942
Middleby Corp. *
23,738
3,348,720
Miller Industries, Inc.
5,104
205,436
Moog, Inc., Class A
12,812
1,791,118
MRC Global, Inc. *
35,400
377,364
MSC Industrial Direct Co., Inc.,
Class A
21,058
2,078,003
Mueller Industries, Inc.
49,884
2,394,432
Mueller Water Products, Inc., Class A
66,450
911,029
MYR Group, Inc. *
7,153
1,028,959
National Presto Industries, Inc.
2,215
175,362
SECURITY
NUMBER
OF SHARES
VALUE ($)
Nauticus Robotics, Inc. *
9,395
4,098
NeoVolta, Inc. *
12,964
19,965
Net Power, Inc. *
11,532
102,635
NEXTracker, Inc., Class A *
54,348
2,460,334
Nikola Corp. *(a)
475,977
355,698
NN, Inc. *
28,401
130,929
Nordson Corp.
24,391
6,139,703
Northrop Grumman Corp.
63,571
28,400,980
Northwest Pipe Co. *
4,286
130,166
NuScale Power Corp. *(a)
18,303
52,896
nVent Electric PLC
74,441
4,469,438
Ocean Power Technologies, Inc. *
48,625
14,685
Omega Flex, Inc.
1,422
99,199
Optex Systems Holdings, Inc. *
1,633
8,900
Orion Energy Systems, Inc. *
16,987
17,327
Orion Group Holdings, Inc. *
16,674
94,375
Oshkosh Corp.
29,164
3,210,956
Otis Worldwide Corp.
183,010
16,185,404
Owens Corning
39,598
6,000,285
PACCAR, Inc.
233,778
23,468,973
Park Aerospace Corp.
8,310
122,572
Parker-Hannifin Corp.
57,521
26,718,504
Park-Ohio Holdings Corp.
3,931
97,253
Pentair PLC
73,552
5,381,800
Perma-Pipe International Holdings,
Inc. *
3,363
27,005
PGT Innovations, Inc. *
25,562
1,053,666
Plug Power, Inc. *(a)
257,087
1,144,037
Powell Industries, Inc.
4,127
489,173
Preformed Line Products Co.
1,284
156,969
Primoris Services Corp.
23,266
763,125
Proto Labs, Inc. *
11,556
417,056
Quanex Building Products Corp.
14,804
462,181
Quanta Services, Inc.
65,124
12,637,312
RBC Bearings, Inc. *
12,881
3,459,064
Redwire Corp. *
10,290
29,841
Regal Rexnord Corp.
29,678
3,960,826
Resideo Technologies, Inc. *
63,274
1,061,105
REV Group, Inc.
13,601
265,492
Rocket Lab USA, Inc. *
115,703
561,160
Rockwell Automation, Inc.
51,145
12,954,006
RTX Corp.
643,778
58,661,051
Rush Enterprises, Inc., Class A
27,445
1,232,555
Rush Enterprises, Inc., Class B
4,245
200,661
Sarcos Technology & Robotics
Corp. *
16,115
8,705
Sensata Technologies Holding PLC
68,598
2,481,190
SES AI Corp. *
59,899
78,468
Shoals Technologies Group, Inc.,
Class A *
78,954
1,039,824
Shyft Group, Inc.
13,268
143,692
Simpson Manufacturing Co., Inc.
19,349
3,501,976
SiteOne Landscape Supply, Inc. *
20,317
3,139,992
SKYX Platforms Corp. *
16,813
25,220
Snap-on, Inc.
23,784
6,895,695
Southland Holdings, Inc. *
4,155
20,360
Spirit AeroSystems Holdings, Inc.,
Class A *
53,050
1,456,753
SPX Technologies, Inc. *
20,639
2,077,109
Standex International Corp.
5,059
747,012
Stanley Black & Decker, Inc.
68,183
6,361,474
Stem, Inc. *(a)
66,115
195,700
Sterling Infrastructure, Inc. *
14,438
1,084,294
SunPower Corp. *(a)
35,778
108,407
Sunrun, Inc. *
100,949
1,461,742
Symbotic, Inc. *(a)
8,173
351,684
Taylor Devices, Inc. *
2,017
62,124
TechPrecision Corp. *
4,478
17,016
Tecnoglass, Inc.
8,161
375,488
38  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Tennant Co.
8,134
768,826
Terex Corp.
29,185
1,792,835
Terran Orbital Corp. *
140,347
116,165
Textron, Inc.
87,066
7,375,361
Thermon Group Holdings, Inc. *
14,491
475,015
Timken Co.
29,679
2,431,007
Titan International, Inc. *
20,997
309,916
Titan Machinery, Inc. *
8,199
219,159
Toro Co.
46,874
4,334,908
Trane Technologies PLC
102,259
25,774,381
Transcat, Inc. *
4,012
441,480
TransDigm Group, Inc.
24,726
27,017,606
Trex Co., Inc. *
48,094
3,918,699
Trinity Industries, Inc.
38,655
971,787
Triumph Group, Inc. *
38,079
616,880
Tutor Perini Corp. *
18,907
169,407
Twin Disc, Inc.
5,599
85,609
UFP Industries, Inc.
27,488
3,118,514
Ultralife Corp. *
6,691
47,305
United Rentals, Inc.
30,294
18,945,868
Urban-Gro, Inc. *
4,382
7,274
V2X, Inc. *
4,770
185,505
Valmont Industries, Inc.
9,518
2,148,308
Vertiv Holdings Co., Class A
156,252
8,801,675
Vicor Corp. *
11,782
443,828
Virgin Galactic Holdings, Inc. *
152,772
271,934
VirTra, Inc. *
3,586
36,756
Wabash National Corp.
19,725
499,042
Watsco, Inc.
15,248
5,961,663
Watts Water Technologies, Inc.,
Class A
12,334
2,442,255
WESCO International, Inc.
19,943
3,460,509
Westinghouse Air Brake
Technologies Corp.
79,769
10,495,207
Westwater Resources, Inc. *
34,475
16,927
Willis Lease Finance Corp. *
1,159
56,803
WillScot Mobile Mini Holdings
Corp. *
85,819
4,059,239
Woodward, Inc.
27,253
3,754,646
WW Grainger, Inc.
19,783
17,718,446
Xometry, Inc., Class A *
18,299
588,862
Xylem, Inc.
107,962
12,139,247
Zurn Elkay Water Solutions Corp.
61,936
1,836,402
 
1,343,935,937
 
Commercial & Professional Services 1.6%
ABM Industries, Inc.
28,429
1,159,619
ACCO Brands Corp.
38,516
234,177
Acme United Corp.
1,454
69,618
ACV Auctions, Inc., Class A *
61,272
794,698
Alight, Inc., Class A *
157,521
1,405,087
Aqua Metals, Inc. *
23,651
14,701
ARC Document Solutions, Inc.
19,042
56,174
Aris Water Solutions, Inc., Class A
14,973
130,265
ASGN, Inc. *
21,209
1,968,619
Asure Software, Inc. *
7,413
65,531
Automatic Data Processing, Inc.
184,150
45,260,387
Barrett Business Services, Inc.
3,084
346,241
BGSF, Inc.
6,465
65,943
Blacksky Technology, Inc. *(a)
43,595
55,366
Booz Allen Hamilton Holding Corp.,
Class A
58,329
8,210,973
Brady Corp., Class A
19,596
1,180,267
BrightView Holdings, Inc. *
19,228
171,706
Brink's Co.
19,911
1,609,605
Broadridge Financial Solutions, Inc.
52,537
10,728,055
CACI International, Inc., Class A *
10,112
3,475,798
SECURITY
NUMBER
OF SHARES
VALUE ($)
Casella Waste Systems, Inc.,
Class A *
25,307
2,159,699
CBIZ, Inc. *
23,252
1,480,222
CECO Environmental Corp. *
12,430
240,272
Ceridian HCM Holding, Inc. *
69,916
4,860,560
Cimpress PLC *
8,208
617,406
Cintas Corp.
38,792
23,452,479
Clarivate PLC *
188,317
1,683,554
Clean Harbors, Inc. *
22,354
3,754,578
Concentrix Corp.
21,127
1,877,557
Conduent, Inc. *
68,566
246,838
Copart, Inc. *
392,272
18,844,747
CoreCivic, Inc. *
49,662
706,194
CRA International, Inc.
2,904
311,425
CSG Systems International, Inc.
12,935
650,760
Deluxe Corp.
19,740
373,283
DLH Holdings Corp. *
3,968
62,298
Driven Brands Holdings, Inc. *
31,309
410,461
Dun & Bradstreet Holdings, Inc.
103,398
1,198,383
Ennis, Inc.
10,401
211,868
Enviri Corp. *
34,248
294,875
Equifax, Inc.
55,311
13,514,690
ExlService Holdings, Inc. *
75,035
2,347,095
Exponent, Inc.
22,633
1,996,004
First Advantage Corp.
24,470
400,574
Forrester Research, Inc. *
4,414
112,469
Franklin Covey Co. *
5,263
212,836
FTI Consulting, Inc. *
15,747
3,017,283
GEE Group, Inc. *
66,522
31,132
Genpact Ltd.
75,466
2,709,229
GEO Group, Inc. *
52,634
585,290
Healthcare Services Group, Inc. *
33,424
315,523
Heidrick & Struggles International,
Inc.
8,008
240,000
HireQuest, Inc.
1,724
22,929
HireRight Holdings Corp. *
8,556
106,094
HNI Corp.
20,010
814,807
Hudson Global, Inc. *
1,522
22,450
Huron Consulting Group, Inc. *
8,075
836,005
ICF International, Inc.
7,937
1,103,561
Innodata, Inc. *
11,159
115,719
Insperity, Inc.
16,296
1,868,988
Interface, Inc., Class A
23,118
286,894
Jacobs Solutions, Inc.
56,575
7,624,613
KBR, Inc.
59,922
3,122,535
Kelly Services, Inc., Class A
14,539
298,776
Kforce, Inc.
8,111
554,387
Knightscope, Inc., Class A *
18,211
10,526
Korn Ferry
24,435
1,433,601
LanzaTech Global, Inc. *(a)
41,157
179,239
Legalzoom.com, Inc. *
49,739
512,809
Leidos Holdings, Inc.
61,918
6,840,081
Liquidity Services, Inc. *
10,485
182,963
ManpowerGroup, Inc.
21,518
1,595,345
Mastech Digital, Inc. *
3,073
26,428
Matthews International Corp.,
Class A
12,972
426,779
Maximus, Inc.
27,241
2,209,790
MillerKnoll, Inc.
32,897
874,731
Mistras Group, Inc. *
7,028
54,608
Montrose Environmental Group,
Inc. *
11,954
349,176
MSA Safety, Inc.
16,898
2,788,677
NL Industries, Inc.
5,834
30,629
NV5 Global, Inc. *
6,242
654,723
Odyssey Marine Exploration, Inc.,
Class B *
9,740
45,583
OPENLANE, Inc. *
46,068
648,637
  39

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Parsons Corp. *
17,738
1,155,631
Paychex, Inc.
143,911
17,518,286
Paycom Software, Inc.
22,108
4,205,826
Paycor HCM, Inc. *
29,019
563,839
Paylocity Holding Corp. *
19,376
3,069,352
Performant Financial Corp. *
24,843
70,057
Perma-Fix Environmental Services,
Inc. *
5,410
42,739
Pitney Bowes, Inc.
72,387
297,511
Planet Labs PBC *
85,241
192,645
Quad/Graphics, Inc. *
10,911
59,574
Quest Resource Holding Corp. *
7,972
55,007
RB Global, Inc.
81,157
5,191,613
RCM Technologies, Inc. *
3,160
87,058
Republic Services, Inc., Class A
91,759
15,701,800
Resources Connection, Inc.
13,566
182,598
Robert Half, Inc.
46,821
3,724,142
Rollins, Inc.
126,566
5,481,573
Science Applications International
Corp.
23,997
3,063,457
SP Plus Corp. *
8,590
444,361
Spire Global, Inc. *
4,765
33,879
SS&C Technologies Holdings, Inc.
96,021
5,859,201
Steel Connect, Inc. *
3,096
29,474
Steelcase, Inc., Class A
41,203
522,454
Stericycle, Inc. *
41,790
2,005,920
Sterling Check Corp. *
18,145
247,498
TaskUS, Inc., Class A *
10,367
128,965
Team, Inc. *
2,284
16,125
Tetra Tech, Inc.
23,971
3,791,733
TransUnion
87,166
6,031,016
TriNet Group, Inc. *
13,700
1,557,690
TrueBlue, Inc. *
14,017
193,154
TTEC Holdings, Inc.
8,462
172,456
UniFirst Corp.
6,937
1,175,267
Upwork, Inc. *
54,356
745,221
Veralto Corp.
98,888
7,583,721
Verisk Analytics, Inc., Class A
64,968
15,691,721
Verra Mobility Corp., Class A *
74,041
1,770,320
Vestis Corp.
56,611
1,211,475
Viad Corp. *
9,565
316,219
Virco Mfg. Corp.
8,190
98,116
VSE Corp.
6,424
398,995
Waste Management, Inc.
163,867
30,418,631
Where Food Comes From, Inc. *
1,066
14,658
Willdan Group, Inc. *
5,928
113,462
 
342,798,937
 
Consumer Discretionary Distribution & Retail 5.3%
1-800-Flowers.com, Inc., Class A *
11,856
123,302
1stdibs.com, Inc. *
9,755
44,971
Aaron's Co., Inc.
12,845
132,175
Abercrombie & Fitch Co., Class A *
22,890
2,332,491
Academy Sports & Outdoors, Inc.
33,236
2,084,894
Advance Auto Parts, Inc.
26,209
1,752,072
Amazon.com, Inc. *
4,071,549
631,904,405
AMCON Distributing Co.
430
84,233
American Eagle Outfitters, Inc.
84,396
1,672,729
America's Car-Mart, Inc. *
2,651
161,419
Arhaus, Inc. *
18,293
213,845
Arko Corp.
30,423
237,299
Asbury Automotive Group, Inc. *
9,220
1,927,533
AutoNation, Inc. *
11,624
1,623,408
AutoZone, Inc. *
7,905
21,834,638
BARK, Inc. *
57,147
58,861
Barnes & Noble Education, Inc. *
11,885
10,183
Bath & Body Works, Inc.
100,703
4,295,990
Best Buy Co., Inc.
87,403
6,335,844
SECURITY
NUMBER
OF SHARES
VALUE ($)
Beyond, Inc. *
19,472
428,189
Big 5 Sporting Goods Corp. (a)
12,375
62,246
Big Lots, Inc.
11,917
68,404
Boot Barn Holdings, Inc. *
14,135
1,014,045
Brilliant Earth Group, Inc., Class A *
4,000
12,760
Buckle, Inc.
12,881
479,044
Build-A-Bear Workshop, Inc.
4,907
110,555
Burlington Stores, Inc. *
28,978
5,539,145
Caleres, Inc.
14,963
469,389
Camping World Holdings, Inc.,
Class A
17,775
441,709
CarMax, Inc. *
70,626
5,027,159
CarParts.com, Inc. *
19,856
53,413
Carvana Co., Class A *
45,872
1,975,248
Cato Corp., Class A
7,948
53,729
Chewy, Inc., Class A *
55,098
981,846
Children's Place, Inc. *
5,140
114,519
Citi Trends, Inc. *
3,328
89,623
Container Store Group, Inc. *
14,357
23,402
ContextLogic, Inc., Class A *
9,687
42,332
Designer Brands, Inc., Class A
22,662
194,213
Destination XL Group, Inc. *
23,026
98,321
Dick's Sporting Goods, Inc.
27,096
4,039,201
Dillard's, Inc., Class A
1,671
647,128
Duluth Holdings, Inc., Class B *
5,930
28,938
eBay, Inc.
232,158
9,534,729
Envela Corp. *
4,047
17,604
Etsy, Inc. *
53,052
3,531,141
EVgo, Inc., Class A *(a)
53,220
121,874
Express, Inc. *(a)
2,375
17,005
Five Below, Inc. *
24,848
4,459,222
Floor & Decor Holdings, Inc.,
Class A *
47,504
4,777,002
Foot Locker, Inc.
37,695
1,061,491
GameStop Corp., Class A *(a)
122,867
1,748,397
Gap, Inc.
97,133
1,815,416
Genesco, Inc. *
5,301
147,262
Genuine Parts Co.
62,353
8,743,761
Group 1 Automotive, Inc.
6,053
1,574,143
Groupon, Inc., Class A *(a)
10,000
136,600
Grove Collaborative Holdings *(a)
30,520
55,852
GrowGeneration Corp. *
25,514
58,937
Guess?, Inc.
12,378
276,525
Haverty Furniture Cos., Inc.
5,993
203,163
Hibbett, Inc.
5,232
348,713
Home Depot, Inc.
447,750
158,037,840
J Jill, Inc. *
1,560
36,364
Kirkland's, Inc. *(a)
6,028
19,892
Kohl's Corp.
51,320
1,322,003
Lands' End, Inc. *
4,426
41,914
Lazydays Holdings, Inc. *
5,770
28,331
Leslie's, Inc. *
81,713
548,294
Lithia Motors, Inc., Class A
12,499
3,685,330
LKQ Corp.
120,641
5,630,316
LL Flooring Holdings, Inc. *
17,182
44,673
Lowe's Cos., Inc.
258,386
54,994,876
Macy's, Inc.
122,724
2,244,622
MarineMax, Inc. *
9,973
279,244
Monro, Inc.
13,330
424,694
Murphy USA, Inc.
8,739
3,080,672
National Vision Holdings, Inc. *
33,045
628,186
Nordstrom, Inc.
41,618
755,367
ODP Corp. *
14,773
755,491
Ollie's Bargain Outlet Holdings, Inc. *
26,937
1,937,578
OneWater Marine, Inc., Class A *
4,282
108,035
O'Reilly Automotive, Inc. *
26,544
27,155,839
Penske Automotive Group, Inc.
8,480
1,258,178
Petco Health & Wellness Co., Inc.,
Class A *
38,893
92,954
40  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
PetMed Express, Inc.
10,374
64,423
Pool Corp.
17,254
6,405,548
Qurate Retail, Inc. *
147,875
119,764
RealReal, Inc. *
43,796
84,088
Revolve Group, Inc. *
18,087
260,634
RH *
7,107
1,801,482
Ross Stores, Inc.
151,613
21,268,272
RumbleON, Inc., Class B *(a)
6,108
40,740
Sally Beauty Holdings, Inc. *
52,790
650,373
Savers Value Village, Inc. *
10,670
199,422
Shoe Carnival, Inc.
7,662
195,381
Signet Jewelers Ltd.
20,487
2,038,047
Sleep Number Corp. *
9,204
94,801
Sonic Automotive, Inc., Class A
6,954
351,594
Sportsman's Warehouse Holdings,
Inc. *
14,642
56,372
Stitch Fix, Inc., Class A *
35,867
114,774
Tandy Leather Factory, Inc. *
3,329
14,481
ThredUp, Inc., Class A *
31,702
64,514
Tile Shop Holdings, Inc. *
15,152
98,337
Tilly's, Inc., Class A *
9,759
71,631
TJX Cos., Inc.
512,229
48,615,654
Tractor Supply Co.
48,432
10,877,827
Ulta Beauty, Inc. *
21,961
11,025,520
Upbound Group, Inc.
18,628
618,450
Urban Outfitters, Inc. *
25,860
982,680
Valvoline, Inc. *
62,657
2,286,354
Victoria's Secret & Co. *
34,060
887,263
Vroom, Inc. *
52,000
12,813
Warby Parker, Inc., Class A *
32,957
420,202
Wayfair, Inc., Class A *
41,312
2,075,928
Weyco Group, Inc.
3,125
100,344
Williams-Sonoma, Inc.
28,898
5,588,584
Winmark Corp.
1,442
520,086
Zumiez, Inc. *
6,961
119,520
 
1,118,690,283
 
Consumer Durables & Apparel 1.2%
Acushnet Holdings Corp.
13,529
856,927
Allbirds, Inc., Class A *
39,597
37,993
American Outdoor Brands, Inc. *
6,310
54,014
AMMO, Inc. *
41,078
89,139
Aterian, Inc. *
39,259
11,660
Bassett Furniture Industries, Inc.
4,101
63,565
Beazer Homes USA, Inc. *
12,137
385,350
Brunswick Corp.
30,217
2,437,908
Capri Holdings Ltd. *
52,409
2,554,415
Carter's, Inc.
16,335
1,235,579
Cavco Industries, Inc. *
3,534
1,173,005
Century Communities, Inc.
12,516
1,085,137
Clarus Corp.
11,806
69,892
Columbia Sportswear Co.
15,285
1,211,489
Cricut, Inc., Class A (a)
21,338
111,811
Crocs, Inc. *
27,679
2,808,865
Crown Crafts, Inc.
5,621
29,398
Culp, Inc. *
2,586
12,827
Deckers Outdoor Corp. *
11,493
8,662,619
Delta Apparel, Inc. *
1,907
14,512
DR Horton, Inc.
134,932
19,283,132
Dream Finders Homes, Inc.,
Class A *
11,475
377,183
Escalade, Inc.
3,803
61,076
Ethan Allen Interiors, Inc.
10,573
307,991
Figs, Inc., Class A *
52,953
305,009
Flexsteel Industries, Inc.
2,656
75,776
Funko, Inc., Class A *
14,201
100,401
Garmin Ltd.
68,236
8,153,520
G-III Apparel Group Ltd. *
17,626
530,366
SECURITY
NUMBER
OF SHARES
VALUE ($)
GoPro, Inc., Class A *
54,737
163,116
Green Brick Partners, Inc. *
11,324
590,773
Hamilton Beach Brands Holding Co.,
Class A
3,706
68,339
Hanesbrands, Inc. *
171,255
770,647
Hasbro, Inc.
58,122
2,845,072
Helen of Troy Ltd. *
10,307
1,180,151
Hooker Furnishings Corp.
5,571
128,579
Hovnanian Enterprises, Inc.,
Class A *
2,021
341,488
Installed Building Products, Inc.
10,712
2,087,233
iRobot Corp. *(a)
11,608
157,869
JAKKS Pacific, Inc. *
5,309
166,490
Johnson Outdoors, Inc., Class A
2,681
120,002
KB Home
34,561
2,059,490
Kontoor Brands, Inc.
23,446
1,374,405
Lakeland Industries, Inc.
3,608
64,980
Landsea Homes Corp. *
6,542
82,364
Latham Group, Inc. *
20,641
52,222
La-Z-Boy, Inc.
19,021
662,121
Legacy Housing Corp. *
4,652
109,927
Leggett & Platt, Inc.
57,945
1,344,903
Lennar Corp., Class A
116,820
17,505,477
Levi Strauss & Co., Class A
43,160
702,645
LGI Homes, Inc. *
9,067
1,069,997
Lifetime Brands, Inc.
5,690
45,691
Live Ventures, Inc. *
537
13,452
Lovesac Co. *
6,938
160,684
Lululemon Athletica, Inc. *
51,556
23,397,144
M/I Homes, Inc. *
12,695
1,617,597
Malibu Boats, Inc., Class A *
8,904
371,742
Marine Products Corp.
5,165
52,735
MasterCraft Boat Holdings, Inc. *
7,841
151,880
Mattel, Inc. *
156,329
2,796,726
MDC Holdings, Inc.
25,745
1,611,122
Meritage Homes Corp.
16,430
2,720,972
Mohawk Industries, Inc. *
23,919
2,493,556
Movado Group, Inc.
6,936
191,295
Newell Brands, Inc.
169,930
1,413,818
NIKE, Inc., Class B
548,016
55,640,064
NVR, Inc. *
1,414
10,004,460
Oxford Industries, Inc.
6,214
589,895
Peloton Interactive, Inc., Class A *
162,469
903,328
Polaris, Inc.
23,112
2,079,156
PulteGroup, Inc.
96,729
10,113,984
Purple Innovation, Inc., Class A
27,507
28,057
PVH Corp.
26,750
3,216,955
Ralph Lauren Corp., Class A
18,131
2,604,881
Rocky Brands, Inc.
2,880
80,582
Skechers USA, Inc., Class A *
59,269
3,700,756
Skyline Champion Corp. *
24,310
1,664,749
Smith & Wesson Brands, Inc.
20,549
268,370
Snap One Holdings Corp. *
8,443
66,700
Solo Brands, Inc., Class A *
14,864
41,471
Sonos, Inc. *
60,399
941,016
Steven Madden Ltd.
32,680
1,368,638
Sturm Ruger & Co., Inc.
7,968
347,883
Superior Group of Cos., Inc.
5,398
71,901
Tapestry, Inc.
102,456
3,974,268
Taylor Morrison Home Corp.,
Class A *
48,752
2,541,929
Tempur Sealy International, Inc.
76,202
3,801,718
Toll Brothers, Inc.
48,320
4,800,592
TopBuild Corp. *
14,216
5,247,552
Topgolf Callaway Brands Corp. *
60,859
801,513
Traeger, Inc. *
23,917
52,378
Tri Pointe Homes, Inc. *
43,323
1,495,943
Tupperware Brands Corp. *
19,817
33,689
Under Armour, Inc., Class A *
168,301
1,282,454
  41

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Unifi, Inc. *
5,875
37,130
United Homes Group, Inc. *(a)
3,328
25,027
Universal Electronics, Inc. *
5,590
49,583
Vera Bradley, Inc. *
11,087
85,148
VF Corp.
149,038
2,453,165
Vista Outdoor, Inc. *
27,538
772,992
Vizio Holding Corp., Class A *
45,618
319,326
VOXX International Corp., Class A *
5,522
46,109
Whirlpool Corp.
24,663
2,701,092
Wolverine World Wide, Inc.
33,611
280,988
Worthington Enterprises, Inc.
14,782
843,165
YETI Holdings, Inc. *
38,879
1,709,510
Yunhong Green CTI Ltd. *
20,213
29,915
 
249,905,295
 
Consumer Services 2.4%
2U, Inc. *
79,877
67,951
Accel Entertainment, Inc., Class A *
23,774
243,683
ADT, Inc.
110,460
721,304
Adtalem Global Education, Inc. *
18,877
952,911
Airbnb, Inc., Class A *
194,644
28,055,986
American Public Education, Inc. *
8,505
89,983
Aramark
116,768
3,395,613
Bally's Corp. *
11,844
133,363
Beachbody Co., Inc. *
1,211
12,849
Biglari Holdings, Inc., Class B *
514
79,500
BJ's Restaurants, Inc. *
10,196
352,884
Bloomin' Brands, Inc.
40,982
1,090,941
Booking Holdings, Inc. *
15,621
54,790,189
Bowlero Corp., Class A *(a)
14,987
162,009
Boyd Gaming Corp.
30,860
1,959,301
Bright Horizons Family Solutions,
Inc. *
26,006
2,555,089
Brinker International, Inc. *
18,764
802,912
Caesars Entertainment, Inc. *
97,134
4,261,269
Canterbury Park Holding Corp.
1,452
34,311
Carnival Corp. *
448,903
7,442,812
Carriage Services, Inc., Class A
5,752
142,132
Carrols Restaurant Group, Inc.
16,994
159,744
Cava Group, Inc. *
6,946
325,073
Century Casinos, Inc. *
13,792
47,858
Cheesecake Factory, Inc.
20,167
693,140
Chegg, Inc. *
50,436
496,795
Chipotle Mexican Grill, Inc., Class A *
12,288
29,598,966
Choice Hotels International, Inc.
11,454
1,387,308
Churchill Downs, Inc.
30,477
3,686,803
Chuy's Holdings, Inc. *
8,171
276,261
Coursera, Inc. *
45,455
870,009
Cracker Barrel Old Country Store,
Inc.
9,479
733,201
Darden Restaurants, Inc.
54,034
8,784,848
Dave & Buster's Entertainment, Inc. *
14,984
802,093
Denny's Corp. *
24,016
255,290
Dine Brands Global, Inc.
6,725
313,721
Domino's Pizza, Inc.
15,464
6,591,066
DoorDash, Inc., Class A *
135,814
14,151,819
DraftKings, Inc., Class A *
209,568
8,183,630
Duolingo, Inc. *
15,860
2,837,195
Dutch Bros, Inc., Class A *
26,120
701,322
El Pollo Loco Holdings, Inc. *
9,086
84,136
European Wax Center, Inc., Class A *
14,659
217,540
Everi Holdings, Inc. *
38,486
400,639
Expedia Group, Inc. *
59,737
8,860,789
First Watch Restaurant Group, Inc. *
10,809
231,961
Frontdoor, Inc. *
35,506
1,163,177
Full House Resorts, Inc. *
15,255
72,004
GAN Ltd. *
31,476
47,844
Global Business Travel Group I *
25,286
146,406
SECURITY
NUMBER
OF SHARES
VALUE ($)
Golden Entertainment, Inc.
9,398
360,695
Graham Holdings Co., Class B
1,610
1,159,844
Grand Canyon Education, Inc. *
13,768
1,797,963
H&R Block, Inc.
63,715
2,984,411
Hall of Fame Resort & Entertainment
Co. *(a)
3,096
10,588
Hilton Grand Vacations, Inc. *
32,843
1,369,553
Hilton Worldwide Holdings, Inc.
115,035
21,967,084
Hyatt Hotels Corp., Class A
19,972
2,563,806
Inspirato, Inc. *
1,919
7,945
Inspired Entertainment, Inc. *
10,938
100,411
Jack in the Box, Inc.
8,973
699,625
Krispy Kreme, Inc.
37,458
497,817
Kura Sushi USA, Inc., Class A *
2,156
211,568
Las Vegas Sands Corp.
164,393
8,042,106
Laureate Education, Inc.
58,971
744,214
Life Time Group Holdings, Inc. *
24,073
320,171
Light & Wonder, Inc. *
40,135
3,226,051
Lincoln Educational Services Corp. *
10,639
95,325
Lindblad Expeditions Holdings, Inc. *
13,166
121,654
Marriott International, Inc., Class A
110,576
26,508,384
Marriott Vacations Worldwide Corp.
14,742
1,236,706
McDonald's Corp.
324,751
95,061,113
MGM Resorts International *
121,984
5,290,446
Mister Car Wash, Inc. *
47,073
390,706
Monarch Casino & Resort, Inc.
5,776
398,140
Mondee Holdings, Inc., Class A *(a)
17,472
40,797
Nathan's Famous, Inc.
1,235
88,117
Nerdy, Inc. *
26,826
82,356
Noodles & Co., Class A *
16,309
41,425
Norwegian Cruise Line Holdings
Ltd. *
187,915
3,344,887
ONE Group Hospitality, Inc. *
12,060
53,064
OneSpaWorld Holdings Ltd. *
40,012
545,364
Papa John's International, Inc.
14,323
1,052,454
Penn Entertainment, Inc. *
66,091
1,490,352
Perdoceo Education Corp.
27,838
503,868
Planet Fitness, Inc., Class A *
37,940
2,570,814
Playa Hotels & Resorts NV *
52,884
438,937
PlayAGS, Inc. *
23,905
208,213
Portillo's, Inc., Class A *
24,798
340,725
Potbelly Corp. *
11,690
147,060
Rave Restaurant Group, Inc. *
10,012
19,023
RCI Hospitality Holdings, Inc.
3,668
226,536
Red Robin Gourmet Burgers, Inc. *
6,715
68,359
Red Rock Resorts, Inc., Class A
21,179
1,158,068
Regis Corp. *
1,641
18,888
Rover Group, Inc., Class A *
46,534
509,082
Royal Caribbean Cruises Ltd. *
105,111
13,401,652
Rush Street Interactive, Inc. *
31,726
165,292
Sabre Corp. *
174,259
714,462
SeaWorld Entertainment, Inc. *
16,942
836,935
Service Corp. International
66,430
4,458,782
Shake Shack, Inc., Class A *
17,416
1,315,953
Six Flags Entertainment Corp. *
32,321
814,812
Soho House & Co., Inc. *
16,810
103,381
Starbucks Corp.
511,566
47,590,985
Strategic Education, Inc.
9,508
894,322
Stride, Inc. *
17,428
1,044,809
Sweetgreen, Inc., Class A *
40,339
430,820
Target Hospitality Corp. *
10,745
103,904
Texas Roadhouse, Inc., Class A
29,594
3,720,558
Travel & Leisure Co.
32,601
1,317,732
Udemy, Inc. *
40,027
543,967
Universal Technical Institute, Inc. *
13,710
193,585
Vail Resorts, Inc.
17,201
3,818,622
Wendy's Co.
77,071
1,470,515
Wingstop, Inc.
13,286
3,734,827
WW International, Inc. *
36,376
136,774
42  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Wyndham Hotels & Resorts, Inc.
36,885
2,874,448
Wynn Resorts Ltd.
43,289
4,087,780
Xponential Fitness, Inc., Class A *
9,583
105,988
Yum! Brands, Inc.
125,605
16,264,591
 
497,727,841
 
Consumer Staples Distribution & Retail 1.7%
Albertsons Cos., Inc., Class A
183,419
3,892,151
Andersons, Inc.
13,831
729,032
BJ's Wholesale Club Holdings, Inc. *
59,170
3,806,998
Casey's General Stores, Inc.
16,757
4,547,180
Chefs' Warehouse, Inc. *
14,908
474,373
Costco Wholesale Corp.
198,224
137,741,893
Dollar General Corp.
98,456
13,003,084
Dollar Tree, Inc. *
93,467
12,208,660
Grocery Outlet Holding Corp. *
43,207
1,070,669
HF Foods Group, Inc. *
16,494
82,470
Ingles Markets, Inc., Class A
6,246
526,225
Kroger Co.
295,597
13,638,846
Natural Grocers by Vitamin Cottage,
Inc.
4,452
66,557
Performance Food Group Co. *
69,983
5,086,364
PriceSmart, Inc.
12,124
921,666
SpartanNash Co.
15,368
344,704
Sprouts Farmers Market, Inc. *
46,441
2,339,233
Sysco Corp.
225,342
18,236,928
Target Corp.
206,670
28,743,664
U.S. Foods Holding Corp. *
101,584
4,673,880
United Natural Foods, Inc. *
25,620
381,994
Village Super Market, Inc., Class A
2,371
60,295
Walgreens Boots Alliance, Inc.
320,373
7,230,819
Walmart, Inc.
638,687
105,543,027
Weis Markets, Inc.
7,027
426,890
 
365,777,602
 
Energy 3.9%
Adams Resources & Energy, Inc.
794
19,985
Aemetis, Inc. *(a)
14,199
51,684
American Resources Corp. *
38,760
52,326
Amplify Energy Corp. *
16,372
100,197
Antero Midstream Corp.
151,508
1,854,458
Antero Resources Corp. *
127,511
2,848,596
APA Corp.
136,989
4,291,865
Archrock, Inc.
64,257
1,049,959
Atlas Energy Solutions, Inc., Class A
24,182
420,041
Baker Hughes Co., Class A
449,277
12,804,395
Berry Corp.
27,783
186,424
Bristow Group, Inc. *
9,727
256,598
Cactus, Inc., Class A
29,031
1,232,076
California Resources Corp.
28,025
1,336,232
Callon Petroleum Co. *
24,841
797,893
Centrus Energy Corp., Class A *
5,939
298,257
ChampionX Corp.
89,262
2,446,671
Cheniere Energy, Inc.
106,672
17,493,141
Chesapeake Energy Corp.
49,838
3,843,008
Chevron Corp.
786,022
115,883,223
Chord Energy Corp.
18,323
2,817,344
Civitas Resources, Inc.
38,616
2,502,703
Clean Energy Fuels Corp. *
78,451
231,430
CNX Resources Corp. *
70,699
1,428,120
Comstock Resources, Inc.
50,535
394,678
Comstock, Inc. *
59,927
27,974
ConocoPhillips
531,627
59,473,112
CONSOL Energy, Inc.
12,540
1,186,284
Core Laboratories, Inc.
20,776
327,638
Coterra Energy, Inc.
337,436
8,395,408
Crescent Energy Co., Class A
40,522
447,768
SECURITY
NUMBER
OF SHARES
VALUE ($)
CVR Energy, Inc.
11,947
402,972
Delek U.S. Holdings, Inc.
25,894
699,915
Devon Energy Corp.
287,167
12,066,757
Diamond Offshore Drilling, Inc. *
43,981
536,568
Diamondback Energy, Inc.
79,877
12,280,290
DMC Global, Inc. *
8,614
146,610
Dorian LPG Ltd.
14,057
526,294
Dril-Quip, Inc. *
14,876
298,561
DT Midstream, Inc.
43,410
2,330,683
Empire Petroleum Corp. *
3,665
24,482
EOG Resources, Inc.
261,263
29,729,117
Epsilon Energy Ltd.
5,425
27,722
EQT Corp.
185,370
6,562,098
Equitrans Midstream Corp.
197,327
2,010,762
Evolution Petroleum Corp.
15,426
86,540
Excelerate Energy, Inc., Class A
7,154
109,599
Expro Group Holdings NV *
37,621
662,130
Exxon Mobil Corp.
1,793,425
184,382,024
Forum Energy Technologies, Inc. *
4,222
83,216
FutureFuel Corp.
9,399
53,574
Geospace Technologies Corp. *
3,725
56,099
Gevo, Inc. *
101,823
95,082
Granite Ridge Resources, Inc.
22,980
125,930
Green Plains, Inc. *
28,596
592,795
Gulf Island Fabrication, Inc. *
6,007
27,032
Gulfport Energy Corp. *
4,553
577,776
Hallador Energy Co. *
10,747
91,672
Halliburton Co.
400,289
14,270,303
Helix Energy Solutions Group, Inc. *
60,683
570,420
Helmerich & Payne, Inc.
44,341
1,785,169
Hess Corp.
123,965
17,420,801
HF Sinclair Corp.
70,334
3,973,168
HighPeak Energy, Inc. (a)
11,338
154,764
Houston American Energy Corp. *
4,107
6,366
Independence Contract Drilling,
Inc. *(a)
7,301
15,478
International Seaways, Inc.
17,558
941,811
Kinder Morgan, Inc.
865,131
14,638,017
Kinetik Holdings, Inc., Class A
10,446
339,704
KLX Energy Services Holdings,
Inc. *(a)
8,329
80,958
Kodiak Gas Services, Inc.
7,753
181,575
Kosmos Energy Ltd. *
198,763
1,204,504
Liberty Energy, Inc., Class A
69,697
1,449,001
Lightbridge Corp. *
5,562
17,075
Magnolia Oil & Gas Corp., Class A
80,926
1,668,694
Mammoth Energy Services, Inc. *
10,739
37,694
Marathon Oil Corp.
261,007
5,964,010
Marathon Petroleum Corp.
169,922
28,139,083
Matador Resources Co.
49,925
2,740,383
Murphy Oil Corp.
64,788
2,507,296
Nabors Industries Ltd. *
3,829
323,857
NACCO Industries, Inc., Class A
1,966
71,326
Natural Gas Services Group, Inc. *
4,213
61,594
New Fortress Energy, Inc.
28,877
959,583
Newpark Resources, Inc. *
32,811
212,943
NextDecade Corp. *
29,505
150,180
Nine Energy Service, Inc. *(a)
5,821
14,029
Noble Corp. PLC
49,473
2,183,243
Northern Oil & Gas, Inc.
42,384
1,419,864
NOV, Inc.
179,177
3,495,743
Occidental Petroleum Corp.
295,922
17,036,230
Oceaneering International, Inc. *
43,414
902,143
Oil States International, Inc. *
29,052
179,251
ONEOK, Inc.
261,340
17,836,455
OPAL Fuels, Inc., Class A *
5,715
27,661
Overseas Shipholding Group, Inc.,
Class A
30,088
183,537
Ovintiv, Inc.
114,638
4,862,944
  43

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Par Pacific Holdings, Inc. *
26,679
976,185
Patterson-UTI Energy, Inc.
144,426
1,601,684
PBF Energy, Inc., Class A
49,131
2,481,607
Peabody Energy Corp.
49,804
1,329,767
Permian Resources Corp., Class A
183,631
2,475,346
Phillips 66
196,664
28,380,582
PHX Minerals, Inc.
18,580
59,270
Pioneer Natural Resources Co.
104,489
24,014,708
PrimeEnergy Resources Corp. *
362
34,824
Profire Energy, Inc. *
27,669
42,610
ProFrac Holding Corp., Class A *
13,542
107,117
ProPetro Holding Corp. *
39,887
337,444
Range Resources Corp.
109,316
3,174,537
Ranger Energy Services, Inc.
5,075
51,562
REX American Resources Corp. *
6,150
254,549
Riley Exploration Permian, Inc.
1,796
39,907
Ring Energy, Inc. *
11,664
16,213
RPC, Inc.
36,343
265,667
SandRidge Energy, Inc.
12,685
185,201
Schlumberger NV
640,487
31,191,717
SEACOR Marine Holdings, Inc. *
10,252
108,261
Select Water Solutions, Inc.
33,094
257,140
SilverBow Resources, Inc. *
5,751
152,747
Sitio Royalties Corp., Class A
35,149
749,728
SM Energy Co.
52,363
1,941,620
Smart Sand, Inc. *
17,439
32,262
Solaris Oilfield Infrastructure, Inc.,
Class A
15,678
117,585
Southwestern Energy Co. *
483,892
3,121,103
Talos Energy, Inc. *
58,300
756,151
Targa Resources Corp.
99,481
8,451,906
TechnipFMC PLC
194,086
3,753,623
Tellurian, Inc. *
286,293
143,433
TETRA Technologies, Inc. *
48,733
204,191
Texas Pacific Land Corp.
2,763
4,037,655
Tidewater, Inc. *
22,034
1,480,464
Transocean Ltd. *
320,856
1,751,874
U.S. Silica Holdings, Inc. *
33,313
357,115
Uranium Energy Corp. *
167,322
1,278,340
VAALCO Energy, Inc.
43,433
185,025
Valaris Ltd. *
27,793
1,719,553
Valero Energy Corp.
152,714
21,211,975
Vertex Energy, Inc. *
44,352
64,754
Vital Energy, Inc. *
11,591
508,034
Vitesse Energy, Inc.
10,573
222,139
W&T Offshore, Inc.
41,992
127,656
Weatherford International PLC *
32,388
2,900,345
Williams Cos., Inc.
543,743
18,846,132
World Kinect Corp.
27,459
619,750
 
819,233,703
 
Equity Real Estate Investment Trusts (REITs) 2.6%
Acadia Realty Trust
40,417
689,514
Agree Realty Corp.
45,582
2,717,143
Alexander & Baldwin, Inc.
35,571
616,090
Alexander's, Inc.
964
211,878
Alexandria Real Estate Equities, Inc.
69,576
8,411,738
Alpine Income Property Trust, Inc.
4,623
71,841
American Assets Trust, Inc.
21,772
488,346
American Homes 4 Rent, Class A
142,415
4,991,646
American Tower Corp.
208,712
40,834,503
Americold Realty Trust, Inc.
118,857
3,268,567
Apartment Income REIT Corp.
66,082
2,160,221
Apartment Investment &
Management Co., Class A *
64,227
477,207
Apple Hospitality REIT, Inc.
95,824
1,538,933
Armada Hoffler Properties, Inc.
28,123
336,351
Ashford Hospitality Trust, Inc. *
12,463
20,689
SECURITY
NUMBER
OF SHARES
VALUE ($)
AvalonBay Communities, Inc.
63,609
11,386,647
Bluerock Homes Trust, Inc.
1,536
20,890
Boston Properties, Inc.
64,469
4,287,188
Braemar Hotels & Resorts, Inc.
24,766
56,466
Brandywine Realty Trust
80,539
381,755
Brixmor Property Group, Inc.
133,490
2,995,516
Broadstone Net Lease, Inc.
87,052
1,398,926
BRT Apartments Corp.
5,530
92,904
Camden Property Trust
47,693
4,475,511
CareTrust REIT, Inc.
54,463
1,139,366
CBL & Associates Properties, Inc.
10,443
244,157
Centerspace
6,268
343,236
Chatham Lodging Trust
21,672
227,556
City Office REIT, Inc.
16,407
86,137
Clipper Realty, Inc.
5,283
26,732
Community Healthcare Trust, Inc.
10,035
256,796
COPT Defense Properties
51,553
1,214,589
Cousins Properties, Inc.
70,257
1,609,588
Creative Media & Community Trust
Corp.
3,238
11,139
Crown Castle, Inc.
194,009
21,001,474
CTO Realty Growth, Inc.
7,821
129,281
CubeSmart
101,521
4,387,738
DiamondRock Hospitality Co.
99,179
906,496
Digital Realty Trust, Inc.
135,761
19,068,990
Diversified Healthcare Trust
100,000
287,000
Douglas Emmett, Inc.
73,469
995,505
Easterly Government Properties, Inc.,
Class A
42,425
520,979
EastGroup Properties, Inc.
20,829
3,695,689
Elme Communities
40,011
579,359
Empire State Realty Trust, Inc.,
Class A
58,131
553,407
EPR Properties
32,596
1,443,025
Equinix, Inc.
42,041
34,884,361
Equity Commonwealth
45,821
875,639
Equity LifeStyle Properties, Inc.
83,879
5,677,769
Equity Residential
155,173
9,339,863
Essential Properties Realty Trust, Inc.
69,415
1,729,128
Essex Property Trust, Inc.
28,843
6,728,207
Extra Space Storage, Inc.
94,166
13,601,337
Farmland Partners, Inc.
21,207
237,942
Federal Realty Investment Trust
32,546
3,310,905
First Industrial Realty Trust, Inc.
58,760
3,027,315
Four Corners Property Trust, Inc.
42,097
985,491
Franklin Street Properties Corp.,
Class C
36,290
89,273
Gaming & Leisure Properties, Inc.
119,284
5,445,315
Generation Income Properties, Inc.
895
3,723
Getty Realty Corp.
19,661
543,823
Gladstone Commercial Corp.
16,360
209,735
Gladstone Land Corp.
14,746
208,803
Global Medical REIT, Inc.
26,096
263,831
Global Net Lease, Inc.
84,810
716,644
Global Self Storage, Inc.
1,987
8,743
Healthcare Realty Trust, Inc., Class A
173,781
2,799,612
Healthpeak Properties, Inc.
244,514
4,523,509
Highwoods Properties, Inc.
49,859
1,145,261
Host Hotels & Resorts, Inc.
318,406
6,119,763
Hudson Pacific Properties, Inc.
56,547
463,120
Independence Realty Trust, Inc.
103,075
1,514,172
Industrial Logistics Properties Trust
24,875
99,002
Innovative Industrial Properties, Inc.
12,910
1,203,599
InvenTrust Properties Corp.
29,223
725,607
Invitation Homes, Inc.
258,731
8,520,012
Iron Mountain, Inc.
129,632
8,752,753
JBG SMITH Properties
40,899
654,384
Kilroy Realty Corp.
48,504
1,734,503
Kimco Realty Corp.
299,559
6,051,098
44  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Kite Realty Group Trust
99,353
2,126,154
Lamar Advertising Co., Class A
39,410
4,125,439
LTC Properties, Inc.
17,442
543,667
LXP Industrial Trust
127,057
1,154,948
Macerich Co.
99,583
1,572,416
Medical Properties Trust, Inc. (a)
278,519
863,409
Mid-America Apartment
Communities, Inc.
52,253
6,603,734
Modiv Industrial, Inc., Class C
3,196
47,908
National Health Investors, Inc.
20,414
1,085,616
National Storage Affiliates Trust
35,246
1,316,438
NET Lease Office Properties
6,279
155,594
NETSTREIT Corp.
27,995
508,669
New Century Financial Corp. *(b)
3,600
0
NexPoint Diversified Real Estate
Trust
15,474
106,771
NexPoint Residential Trust, Inc.
9,644
294,624
NNN REIT, Inc.
81,402
3,283,757
Office Properties Income Trust
29,171
107,058
Omega Healthcare Investors, Inc.
109,589
3,178,081
One Liberty Properties, Inc.
6,163
124,739
Orion Office REIT, Inc.
24,022
123,473
Outfront Media, Inc.
61,918
806,172
Paramount Group, Inc.
73,678
349,970
Park Hotels & Resorts, Inc.
92,416
1,393,633
Peakstone Realty Trust
15,426
223,368
Pebblebrook Hotel Trust
53,690
817,162
Phillips Edison & Co., Inc.
53,240
1,847,960
Physicians Realty Trust
104,342
1,277,146
Piedmont Office Realty Trust, Inc.,
Class A
53,125
361,250
Plymouth Industrial REIT, Inc.
16,461
364,446
Postal Realty Trust, Inc., Class A
7,337
103,452
PotlatchDeltic Corp.
36,149
1,616,945
Presidio Property Trust, Inc., Class A
8,865
9,308
Prologis, Inc.
413,681
52,409,246
Public Storage
70,924
20,084,968
Rayonier, Inc.
59,676
1,808,183
Realty Income Corp.
373,005
20,287,742
Regency Centers Corp.
73,868
4,629,308
Retail Opportunity Investments Corp.
53,563
727,921
Rexford Industrial Realty, Inc.
95,257
5,009,566
RLJ Lodging Trust
69,831
808,643
Ryman Hospitality Properties, Inc.
26,463
2,908,284
Sabra Health Care REIT, Inc.
104,314
1,391,549
Safehold, Inc.
21,044
417,934
Saul Centers, Inc.
5,768
220,684
SBA Communications Corp., Class A
48,560
10,870,642
Service Properties Trust
70,215
542,762
Simon Property Group, Inc.
145,786
20,207,397
SITE Centers Corp.
84,716
1,128,417
SL Green Realty Corp. (a)
28,543
1,283,008
STAG Industrial, Inc.
81,841
3,023,206
Summit Hotel Properties, Inc.
47,221
305,992
Sun Communities, Inc.
55,698
6,981,744
Sunstone Hotel Investors, Inc.
90,577
966,457
Tanger, Inc.
48,488
1,304,327
Terreno Realty Corp.
37,093
2,215,565
UDR, Inc.
134,497
4,844,582
UMH Properties, Inc.
25,601
386,831
Uniti Group, Inc.
117,986
620,606
Universal Health Realty Income Trust
5,432
216,248
Urban Edge Properties
55,572
959,728
Ventas, Inc.
181,214
8,406,517
Veris Residential, Inc.
34,121
520,345
VICI Properties, Inc., Class A
463,182
13,951,042
Vornado Realty Trust
71,356
1,940,170
Welltower, Inc.
247,800
21,437,178
Weyerhaeuser Co.
327,244
10,723,786
SECURITY
NUMBER
OF SHARES
VALUE ($)
Whitestone REIT
20,066
259,253
WP Carey, Inc.
98,679
6,114,151
Xenia Hotels & Resorts, Inc.
45,844
611,100
 
549,871,340
 
Financial Services 7.8%
Acacia Research Corp. *
29,703
116,139
ACRES Commercial Realty Corp.
3,144
31,409
AFC Gamma, Inc.
8,444
98,457
Affiliated Managers Group, Inc.
15,236
2,267,726
Affirm Holdings, Inc. *
98,317
3,982,822
AG Mortgage Investment Trust, Inc.
13,958
86,958
AGNC Investment Corp.
301,316
2,856,476
Alerus Financial Corp.
8,490
192,808
Ally Financial, Inc.
121,208
4,445,909
AlTi Global, Inc. *(a)
9,783
60,752
A-Mark Precious Metals, Inc.
8,227
221,882
American Express Co.
257,757
51,742,140
Ameriprise Financial, Inc.
45,323
17,532,296
Angel Oak Mortgage REIT, Inc. (a)
9,942
106,081
Annaly Capital Management, Inc.
226,910
4,354,403
Apollo Commercial Real Estate
Finance, Inc.
61,373
684,923
Apollo Global Management, Inc.
195,625
19,640,750
Arbor Realty Trust, Inc. (a)
83,347
1,108,515
Ares Commercial Real Estate Corp.
22,535
214,308
ARES Management Corp., Class A
75,699
9,195,915
ARMOUR Residential REIT, Inc. (a)
21,511
409,785
Artisan Partners Asset Management,
Inc., Class A
31,419
1,316,456
AssetMark Financial Holdings, Inc. *
9,288
284,863
Associated Capital Group, Inc.,
Class A
1,818
61,830
Atlanticus Holdings Corp. *
2,144
74,375
AvidXchange Holdings, Inc. *
75,290
825,178
B Riley Financial, Inc. (a)
6,796
159,162
Bakkt Holdings, Inc. *(a)
25,312
34,677
Bank of New York Mellon Corp.
343,361
19,042,801
Beneficient, Class A *
37,842
12,639
Berkshire Hathaway, Inc., Class B *
814,602
312,595,372
Better Home & Finance Holding Co. *
212,871
130,916
BGC Group, Inc., Class A
171,274
1,209,194
BlackRock, Inc.
62,608
48,478,001
Blackstone Mortgage Trust, Inc.,
Class A (a)
78,268
1,545,010
Blackstone, Inc.
318,126
39,590,781
Block, Inc. *
248,163
16,133,077
Blue Owl Capital, Inc., Class A
184,413
2,865,778
BM Technologies, Inc. *
10,210
21,747
Bread Financial Holdings, Inc.
21,541
781,292
Bridge Investment Group Holdings,
Inc., Class A
13,376
130,817
Brightsphere Investment Group, Inc.
14,000
309,680
BrightSpire Capital, Inc., Class A
52,714
376,905
Cannae Holdings, Inc. *
31,447
636,802
Cantaloupe, Inc. *
26,721
181,970
Capital One Financial Corp.
170,793
23,111,709
Carlyle Group, Inc.
96,110
3,846,322
Cass Information Systems, Inc.
5,702
246,098
Cboe Global Markets, Inc.
47,400
8,714,490
Charles Schwab Corp. (c)
661,007
41,590,560
Cherry Hill Mortgage Investment
Corp.
15,001
53,854
Chicago Atlantic Real Estate Finance,
Inc.
9,254
146,861
Chimera Investment Corp.
98,492
472,762
Claros Mortgage Trust, Inc.
50,991
598,634
  45

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
CME Group, Inc.
160,892
33,118,009
Cohen & Steers, Inc.
10,667
751,170
Coinbase Global, Inc., Class A *
76,299
9,781,532
Consumer Portfolio Services, Inc. *
5,099
46,605
Corebridge Financial, Inc.
105,397
2,547,446
Credit Acceptance Corp. *
2,821
1,526,358
Diamond Hill Investment Group, Inc.
1,364
217,599
Discover Financial Services
111,585
11,774,449
Donnelley Financial Solutions, Inc. *
11,044
686,053
Dynex Capital, Inc.
22,582
276,404
Ellington Financial, Inc.
33,849
413,296
Ellington Residential Mortgage REIT
6,980
41,810
Enact Holdings, Inc.
14,940
425,641
Encore Capital Group, Inc. *
9,929
497,244
Enova International, Inc. *
13,316
724,790
Equitable Holdings, Inc.
141,540
4,626,943
Essent Group Ltd.
47,371
2,612,984
Euronet Worldwide, Inc. *
20,230
2,015,920
Evercore, Inc., Class A
15,791
2,711,788
EVERTEC, Inc.
29,799
1,196,728
EZCORP, Inc., Class A *
25,151
216,299
FactSet Research Systems, Inc.
17,107
8,141,563
Federal Agricultural Mortgage Corp.,
Class C
4,622
861,032
Federated Hermes, Inc.
38,340
1,340,366
Fidelity National Information
Services, Inc.
264,752
16,483,460
Finance of America Cos., Inc.,
Class A *
18,960
15,928
FirstCash Holdings, Inc.
16,707
1,917,462
Fiserv, Inc. *
268,737
38,125,718
FleetCor Technologies, Inc. *
32,357
9,381,265
Flywire Corp. *
46,352
990,542
Forge Global Holdings, Inc. *
45,163
86,713
Franklin BSP Realty Trust, Inc.
34,676
444,546
Franklin Resources, Inc.
127,716
3,401,077
GCM Grosvenor, Inc., Class A
19,770
171,801
Global Payments, Inc.
116,310
15,495,981
Goldman Sachs Group, Inc.
146,007
56,068,148
Granite Point Mortgage Trust, Inc.
23,489
131,773
Great Ajax Corp.
9,397
55,348
Green Dot Corp., Class A *
20,026
180,434
Guild Holdings Co., Class A
4,604
64,456
Hamilton Lane, Inc., Class A
16,653
1,930,749
Hannon Armstrong Sustainable
Infrastructure Capital, Inc.
49,093
1,167,922
Heritage Global, Inc. *
16,791
47,015
Houlihan Lokey, Inc., Class A
23,392
2,801,894
I3 Verticals, Inc., Class A *
10,325
193,491
Interactive Brokers Group, Inc.,
Class A
47,747
4,237,546
Intercontinental Exchange, Inc.
256,583
32,670,713
International Money Express, Inc. *
18,445
379,967
Invesco Ltd.
201,667
3,192,389
Invesco Mortgage Capital, Inc.
18,784
165,487
Jack Henry & Associates, Inc.
32,552
5,398,098
Jackson Financial, Inc., Class A
31,704
1,587,419
Janus Henderson Group PLC
59,917
1,723,213
Jefferies Financial Group, Inc.
74,707
3,045,057
Katapult Holdings, Inc. *
2,511
27,043
KKR & Co., Inc.
297,545
25,761,446
KKR Real Estate Finance Trust, Inc.
24,272
297,089
Ladder Capital Corp., Class A
54,768
598,614
Lazard, Inc.
51,551
2,009,458
LendingClub Corp. *
46,098
415,804
LendingTree, Inc. *
4,315
139,547
loanDepot, Inc., Class A *
36,984
103,925
LPL Financial Holdings, Inc.
33,583
8,032,718
SECURITY
NUMBER
OF SHARES
VALUE ($)
Lument Finance Trust, Inc.
24,035
57,684
Manhattan Bridge Capital, Inc.
7,727
36,858
MarketAxess Holdings, Inc.
16,829
3,795,108
Marqeta, Inc., Class A *
185,915
1,117,349
Mastercard, Inc., Class A
370,753
166,553,370
Medallion Financial Corp.
6,557
66,029
Merchants Bancorp
10,145
443,742
MFA Financial, Inc.
47,437
525,128
MGIC Investment Corp.
121,838
2,417,266
Moelis & Co., Class A
28,769
1,581,432
Moneylion, Inc. *
2,380
109,742
Moody's Corp.
70,361
27,584,326
Morgan Stanley
565,834
49,363,358
Morningstar, Inc.
11,728
3,275,630
Mr Cooper Group, Inc. *
29,229
1,968,865
MSCI, Inc., Class A
35,498
21,249,813
Nasdaq, Inc.
151,930
8,776,996
Navient Corp.
37,356
643,270
NCR Atleos Corp. *
28,535
638,899
Nelnet, Inc., Class A
7,716
672,295
NerdWallet, Inc., Class A *
22,319
341,704
New York Mortgage Trust, Inc.
40,532
317,771
NewtekOne, Inc.
11,192
134,416
Nexpoint Real Estate Finance, Inc.
5,703
83,093
Nicholas Financial, Inc. *
6,032
42,586
NMI Holdings, Inc., Class A *
36,089
1,151,961
Northern Trust Corp.
92,072
7,332,614
Ocwen Financial Corp. *
3,090
89,394
OneMain Holdings, Inc.
54,286
2,584,014
Open Lending Corp., Class A *
44,911
329,647
Oportun Financial Corp. *
13,044
48,002
Oppenheimer Holdings, Inc., Class A
3,500
130,830
OppFi, Inc. *
7,166
23,003
Orchid Island Capital, Inc. (a)
30,417
242,728
P10, Inc., Class A
29,037
267,140
Paymentus Holdings, Inc., Class A *
8,752
138,807
Payoneer Global, Inc. *
113,997
533,506
PayPal Holdings, Inc. *
482,706
29,614,013
Paysign, Inc. *
9,553
29,328
PennyMac Financial Services, Inc.
12,693
1,107,083
PennyMac Mortgage Investment
Trust
37,798
542,023
Perella Weinberg Partners, Class A
19,698
231,452
Piper Sandler Cos.
7,045
1,222,237
PJT Partners, Inc., Class A
10,452
1,005,169
PRA Group, Inc. *
16,584
377,618
Priority Technology Holdings, Inc. *
9,469
33,615
PROG Holdings, Inc. *
19,924
610,471
Radian Group, Inc.
67,490
1,955,860
Raymond James Financial, Inc.
83,544
9,204,878
Ready Capital Corp.
69,762
653,670
Redwood Trust, Inc.
51,019
342,338
Regional Management Corp.
3,411
83,160
Remitly Global, Inc. *
63,447
1,087,482
Repay Holdings Corp., Class A *
32,506
254,847
Rithm Capital Corp.
214,168
2,291,598
Robinhood Markets, Inc., Class A *
231,320
2,484,377
Rocket Cos., Inc., Class A *
53,100
653,661
Ryvyl, Inc. *
1,042
4,241
S&P Global, Inc.
145,062
65,038,548
Sachem Capital Corp.
16,351
58,700
Safeguard Scientifics Inc
12,218
8,211
Security National Financial Corp.,
Class A *
7,050
55,202
SEI Investments Co.
43,942
2,778,892
Seven Hills Realty Trust
5,666
73,828
Shift4 Payments, Inc., Class A *
25,975
1,865,265
Silvercrest Asset Management
Group, Inc., Class A
3,213
53,593
46  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SLM Corp.
103,311
2,053,823
SoFi Technologies, Inc. *(a)
427,179
3,344,812
Starwood Property Trust, Inc.
132,523
2,694,193
State Street Corp.
137,824
10,181,059
StepStone Group, Inc., Class A
25,199
842,907
Stifel Financial Corp.
45,549
3,322,800
StoneX Group, Inc. *
12,675
833,381
SWK Holdings Corp. *
1,451
25,102
Synchrony Financial
184,512
7,171,981
T Rowe Price Group, Inc.
99,784
10,821,575
Toast, Inc., Class A *
168,491
2,994,085
TPG RE Finance Trust, Inc.
24,952
151,958
TPG, Inc.
27,003
1,124,135
Tradeweb Markets, Inc., Class A
51,781
4,939,390
Two Harbors Investment Corp.
42,715
532,229
U.S. Global Investors, Inc., Class A
6,234
18,203
Upstart Holdings, Inc. *(a)
33,301
1,057,640
Usio, Inc. *
17,787
29,704
UWM Holdings Corp. (a)
43,383
290,666
Velocity Financial, Inc. *
8,532
134,379
Victory Capital Holdings, Inc., Class A
16,586
559,446
Virtu Financial, Inc., Class A
42,853
719,502
Virtus Investment Partners, Inc.
2,899
684,483
Visa, Inc., Class A
713,667
195,016,644
Voya Financial, Inc.
47,448
3,433,812
Walker & Dunlop, Inc.
14,790
1,428,566
Waterstone Financial, Inc.
8,861
117,851
Western Union Co.
164,344
2,065,804
Westwood Holdings Group, Inc.
2,653
32,632
WEX, Inc. *
18,840
3,850,708
WisdomTree, Inc.
51,234
346,854
World Acceptance Corp. *
1,349
177,137
 
1,659,811,549
 
Food, Beverage & Tobacco 2.6%
Alico, Inc.
2,213
65,151
Altria Group, Inc.
792,586
31,798,550
Archer-Daniels-Midland Co.
237,905
13,222,760
B&G Foods, Inc.
31,414
316,025
Beyond Meat, Inc. *(a)
28,812
190,735
Boston Beer Co., Inc., Class A *
4,323
1,509,894
BRC, Inc., Class A *(a)
18,823
71,151
Brown-Forman Corp., Class B
106,474
5,845,423
Bunge Global SA
64,242
5,659,078
Calavo Growers, Inc.
7,291
190,222
Cal-Maine Foods, Inc.
18,796
1,041,674
Campbell Soup Co.
87,954
3,925,387
Celsius Holdings, Inc. *
66,192
3,302,981
Coca-Cola Co.
1,742,114
103,638,362
Coca-Cola Consolidated, Inc.
2,124
1,829,592
Conagra Brands, Inc.
214,962
6,266,142
Constellation Brands, Inc., Class A
72,479
17,763,153
Darling Ingredients, Inc. *
72,463
3,137,648
Duckhorn Portfolio, Inc. *
19,046
164,367
Farmer Bros Co. *
11,781
41,469
Flowers Foods, Inc.
86,037
1,961,644
Fresh Del Monte Produce, Inc.
13,508
332,027
Freshpet, Inc. *
21,989
1,893,253
General Mills, Inc.
260,251
16,892,892
Hain Celestial Group, Inc. *
38,429
411,575
Hershey Co.
67,299
13,025,048
Hormel Foods Corp.
130,450
3,961,767
Ingredion, Inc.
29,234
3,144,701
J & J Snack Foods Corp.
7,048
1,122,253
J M Smucker Co.
47,736
6,279,671
John B Sanfilippo & Son, Inc.
3,955
423,699
Kellanova
118,320
6,479,203
Keurig Dr Pepper, Inc.
450,796
14,173,026
SECURITY
NUMBER
OF SHARES
VALUE ($)
Kraft Heinz Co.
356,967
13,254,185
Lamb Weston Holdings, Inc.
64,331
6,590,068
Lancaster Colony Corp.
8,881
1,632,150
Lifeway Foods, Inc. *
6,566
81,747
Limoneira Co.
7,226
131,080
Mama's Creations, Inc. *
7,154
30,834
McCormick & Co., Inc. - Non Voting
Shares
111,777
7,618,720
MGP Ingredients, Inc.
7,544
640,863
Mission Produce, Inc. *
18,304
182,857
Molson Coors Beverage Co., Class B
82,225
5,080,683
Mondelez International, Inc., Class A
609,087
45,845,979
Monster Beverage Corp. *
331,662
18,248,043
National Beverage Corp. *
9,990
461,938
PepsiCo, Inc.
615,555
103,739,484
Philip Morris International, Inc.
695,044
63,144,747
Pilgrim's Pride Corp. *
19,693
535,059
Post Holdings, Inc. *
23,321
2,165,821
Real Good Food Co., Inc. *
3,502
4,062
Sadot Group, Inc. *
27,734
9,041
Seaboard Corp.
109
392,727
Seneca Foods Corp., Class A *
2,612
139,429
Simply Good Foods Co. *
39,777
1,503,571
Sovos Brands, Inc. *
27,678
610,300
Splash Beverage Group, Inc. *
20,360
8,144
Tootsie Roll Industries, Inc.
7,422
241,883
TreeHouse Foods, Inc. *
22,159
932,894
Turning Point Brands, Inc.
9,980
242,414
Tyson Foods, Inc., Class A
127,003
6,954,684
Universal Corp.
10,446
605,346
Utz Brands, Inc.
29,813
527,690
Vector Group Ltd.
56,584
592,434
Vintage Wine Estates, Inc. *
29,567
14,192
Vita Coco Co., Inc. *
13,490
265,618
Vital Farms, Inc. *
11,214
161,257
Westrock Coffee Co. *(a)
15,240
157,886
Whole Earth Brands, Inc. *
12,768
50,817
WK Kellogg Co.
28,636
371,982
Zevia PBC, Class A *
20,011
34,019
 
553,285,171
 
Health Care Equipment & Services 5.2%
23andMe Holding Co., Class A *
128,087
93,644
Abbott Laboratories
776,956
87,912,571
Acadia Healthcare Co., Inc. *
41,960
3,446,594
Accelerate Diagnostics, Inc. *
3,050
4,057
Accolade, Inc. *
35,923
406,648
Accuray, Inc. *
36,635
94,885
AdaptHealth Corp., Class A *
43,913
317,052
Addus HomeCare Corp. *
7,000
606,200
Agiliti, Inc. *
14,918
105,769
agilon health, Inc. *
138,167
813,804
AirSculpt Technologies, Inc. *(a)
4,242
30,797
Akili, Inc., Class A *
8,840
2,220
Align Technology, Inc. *
31,817
8,505,320
Alignment Healthcare, Inc. *
51,148
342,692
Alphatec Holdings, Inc. *
41,583
669,070
Amedisys, Inc. *
14,148
1,333,732
AMN Healthcare Services, Inc. *
17,098
1,265,423
AngioDynamics, Inc. *
16,851
99,421
Apollo Medical Holdings, Inc. *
19,744
686,104
Apyx Medical Corp. *
12,488
27,973
Artivion, Inc. *
17,724
296,345
Asensus Surgical, Inc. *
88,725
23,486
AtriCure, Inc. *
20,192
687,740
Atrion Corp.
563
191,420
Augmedix, Inc. *
11,589
51,223
Avanos Medical, Inc. *
19,723
378,484
  47

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Aveanna Healthcare Holdings, Inc. *
23,737
54,595
Axogen, Inc. *
16,795
162,408
Axonics, Inc. *
23,420
1,589,750
Baxter International, Inc.
225,995
8,743,747
Becton Dickinson & Co.
130,117
31,073,241
Beyond Air, Inc. *(a)
14,110
23,705
Biodesix, Inc. *
20,622
41,244
BioSig Technologies, Inc. *
30,064
5,054
Bioventus, Inc., Class A *
16,149
70,087
Boston Scientific Corp. *
655,819
41,487,110
Brookdale Senior Living, Inc. *
79,540
435,084
Butterfly Network, Inc. *(a)
79,217
71,382
Cardinal Health, Inc.
109,911
12,001,182
Castle Biosciences, Inc. *
11,444
264,128
Cencora, Inc.
74,647
17,368,864
Centene Corp. *
239,300
18,021,683
Certara, Inc. *
51,767
836,555
Cerus Corp. *
76,254
138,020
Chemed Corp.
6,653
3,943,832
Cigna Group
131,012
39,428,061
ClearPoint Neuro, Inc. *
10,369
72,168
Clover Health Investments Corp.,
Class A *
151,697
145,356
Community Health Systems, Inc. *
51,561
189,229
Computer Programs & Systems,
Inc. *
6,539
66,240
CONMED Corp.
14,231
1,360,484
Cooper Cos., Inc.
22,251
8,300,291
CorVel Corp. *
3,909
919,944
Cross Country Healthcare, Inc. *
14,884
316,285
CVRx, Inc. *
5,810
145,947
CVS Health Corp.
575,052
42,766,617
CytoSorbents Corp. *
15,994
16,154
DaVita, Inc. *
24,484
2,648,189
Definitive Healthcare Corp., Class A *
18,692
158,882
Delcath Systems, Inc. *
6,977
33,420
DENTSPLY SIRONA, Inc.
95,706
3,325,783
Dexcom, Inc. *
172,612
20,946,466
DocGo, Inc. *
50,278
186,029
Doximity, Inc., Class A *
54,666
1,473,249
Edwards Lifesciences Corp. *
271,543
21,307,979
ElectroCore, Inc. *
3,035
22,975
Electromed, Inc. *
3,594
36,120
Elevance Health, Inc.
105,196
51,907,914
Embecta Corp.
24,775
424,644
Encompass Health Corp.
44,378
3,152,613
Enhabit, Inc. *
23,015
232,221
Enovis Corp. *
22,222
1,304,431
Ensign Group, Inc.
25,319
2,866,617
Envista Holdings Corp. *
78,934
1,854,949
enVVeno Medical Corp. *
2,462
10,611
Enzo Biochem, Inc. *
13,471
16,973
Evolent Health, Inc., Class A *
52,657
1,548,642
FONAR Corp. *
3,312
64,783
Forian, Inc. *
7,513
20,210
Fulgent Genetics, Inc. *
9,036
222,195
GE HealthCare Technologies, Inc.
174,915
12,831,764
GeneDx Holdings Corp. *
7,651
29,456
Glaukos Corp. *
22,092
1,966,851
Globus Medical, Inc., Class A *
51,118
2,698,519
GoodRx Holdings, Inc., Class A *
32,958
197,748
Great Elm Group, Inc. *
9,772
18,567
Guardant Health, Inc. *
51,488
1,129,132
Haemonetics Corp. *
22,522
1,722,032
HCA Healthcare, Inc.
88,680
27,038,532
Health Catalyst, Inc. *
24,057
235,037
HealthEquity, Inc. *
38,310
2,895,470
HealthStream, Inc.
10,329
274,958
HeartBeam, Inc. *
14,543
27,195
SECURITY
NUMBER
OF SHARES
VALUE ($)
Henry Schein, Inc. *
58,847
4,404,109
Hims & Hers Health, Inc. *
69,336
594,903
Hologic, Inc. *
109,335
8,138,897
Humana, Inc.
54,945
20,772,507
Hyperfine, Inc. *
14,647
15,672
ICU Medical, Inc. *
9,260
847,568
IDEXX Laboratories, Inc. *
37,125
19,122,345
Inari Medical, Inc. *
22,228
1,265,885
InfuSystem Holdings, Inc. *
10,655
98,346
Innovage Holding Corp. *(a)
7,015
37,109
Inogen, Inc. *
16,555
117,789
Inspire Medical Systems, Inc. *
13,428
2,831,562
Insulet Corp. *
31,302
5,974,613
Integer Holdings Corp. *
15,173
1,537,328
Integra LifeSciences Holdings Corp. *
30,669
1,231,360
Intuitive Surgical, Inc. *
157,630
59,618,819
Invitae Corp. *(a)
111,935
43,655
iRadimed Corp.
3,278
135,742
iRhythm Technologies, Inc. *
14,107
1,689,736
Joint Corp. *
7,452
72,732
Know Labs, Inc. *
35,048
16,977
KORU Medical Systems, Inc. *
12,813
26,651
Laboratory Corp. of America
Holdings
37,961
8,438,730
Lantheus Holdings, Inc. *
30,497
1,583,709
LeMaitre Vascular, Inc.
8,388
486,840
LENSAR, Inc. *
11,846
42,053
LifeMD, Inc. *
20,209
112,968
LifeStance Health Group, Inc. *
40,123
239,936
LivaNova PLC *
25,025
1,218,217
Lucid Diagnostics, Inc. *
1,998
2,817
Masimo Corp. *
20,280
2,614,903
McKesson Corp.
59,622
29,804,442
Medtronic PLC
595,708
52,148,278
Merit Medical Systems, Inc. *
26,082
2,042,221
Milestone Scientific, Inc. *
34,400
19,632
ModivCare, Inc. *
5,394
214,519
Molina Healthcare, Inc. *
26,117
9,309,143
Multiplan Corp. *
104,525
105,570
Myomo Inc *
21,495
71,578
National HealthCare Corp.
5,672
527,723
National Research Corp.
6,098
240,261
Neogen Corp. *
86,123
1,334,906
NeoGenomics, Inc. *
59,570
884,614
NeuroPace, Inc. *
4,356
63,685
Nevro Corp. *
15,398
254,991
Novocure Ltd. *
43,948
611,756
OmniAb, Inc., Class A *(b)
2,395
0
OmniAb, Inc., Class B *(b)
2,395
0
Omnicell, Inc. *
21,903
704,620
OPKO Health, Inc. *(a)
185,881
189,599
OptimizeRx Corp. *
6,885
97,216
Option Care Health, Inc. *
78,760
2,460,462
OraSure Technologies, Inc. *
30,500
224,785
Orchestra BioMed Holdings, Inc. *
5,514
39,039
Orthofix Medical, Inc. *
14,213
197,419
OrthoPediatrics Corp. *
7,124
186,079
Outset Medical, Inc. *
27,235
82,794
Owens & Minor, Inc. *
33,542
661,113
P3 Health Partners, Inc. *
13,641
16,506
Paragon 28, Inc. *
18,302
232,069
Patterson Cos., Inc.
37,137
1,108,911
PAVmed, Inc. *
5,301
12,298
Pediatrix Medical Group, Inc. *
35,753
334,648
Pennant Group, Inc. *
13,217
198,387
Penumbra, Inc. *
17,222
4,343,216
PetIQ, Inc., Class A *
11,858
213,088
Phreesia, Inc. *
23,389
595,952
Premier, Inc., Class A
55,319
1,195,997
48  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Privia Health Group, Inc. *
45,235
911,938
PROCEPT BioRobotics Corp. *
19,661
910,304
Pro-Dex, Inc. *
1,916
41,577
Progyny, Inc. *
36,695
1,397,713
ProSomnus, Inc. *
6,286
4,815
Pulmonx Corp. *
15,144
201,112
Pulse Biosciences, Inc. *(a)
6,773
60,144
Quest Diagnostics, Inc.
50,668
6,507,291
QuidelOrtho Corp. *
21,668
1,484,475
R1 RCM, Inc. *
86,444
885,187
RadNet, Inc. *
27,654
1,022,368
ResMed, Inc.
66,032
12,559,286
Rockwell Medical, Inc. *
7,846
10,357
RxSight, Inc. *
11,027
501,839
Sanara Medtech, Inc. *
1,654
55,905
Schrodinger, Inc. *
25,953
686,457
Select Medical Holdings Corp.
48,777
1,267,714
Semler Scientific, Inc. *
1,873
82,955
Senseonics Holdings, Inc. *
216,699
121,828
Sensus Healthcare, Inc. *
6,026
19,585
Shockwave Medical, Inc. *
16,662
3,769,777
SI-BONE, Inc. *
19,218
388,396
Sight Sciences, Inc. *
12,929
54,819
Silk Road Medical, Inc. *
17,297
261,704
Simulations Plus, Inc.
7,164
271,516
Sonida Senior Living, Inc. *
1,604
14,356
STAAR Surgical Co. *
24,350
682,043
Stereotaxis, Inc. *
22,696
45,846
STERIS PLC
44,454
9,733,203
Streamline Health Solutions, Inc. *
29,028
11,321
Stryker Corp.
151,377
50,783,956
Surgery Partners, Inc. *
32,410
994,663
Surmodics, Inc. *
7,188
253,089
Tactile Systems Technology, Inc. *
10,021
152,019
Talkspace, Inc. *
88,164
212,475
Tandem Diabetes Care, Inc. *
27,515
627,342
Tela Bio, Inc. *
6,599
45,599
Teladoc Health, Inc. *
75,644
1,469,763
Teleflex, Inc.
20,883
5,071,019
Tenet Healthcare Corp. *
45,218
3,741,337
TransMedics Group, Inc. *
15,124
1,297,185
Treace Medical Concepts, Inc. *
27,099
365,295
U.S. Physical Therapy, Inc.
7,360
679,034
UFP Technologies, Inc. *
2,930
493,734
UnitedHealth Group, Inc.
414,108
211,915,628
Universal Health Services, Inc.,
Class B
27,648
4,390,779
Utah Medical Products, Inc.
1,365
108,122
Varex Imaging Corp. *
17,095
329,421
Veeva Systems, Inc., Class A *
65,339
13,551,962
Veradigm, Inc. *
55,667
508,240
Vivani Medical, Inc. *
30,017
30,317
VolitionRX Ltd. *
15,384
16,307
Zimmer Biomet Holdings, Inc.
93,815
11,783,164
Zimvie, Inc. *
10,245
179,083
Zomedica Corp. *
412,334
55,212
Zynex, Inc. *(a)
7,546
89,345
 
1,110,454,193
 
Household & Personal Products 1.3%
Beauty Health Co. *
39,541
115,855
BellRing Brands, Inc. *
58,908
3,255,845
Central Garden & Pet Co. *
4,564
214,052
Central Garden & Pet Co., Class A *
19,521
805,827
Church & Dwight Co., Inc.
110,014
10,984,898
Clorox Co.
55,184
8,015,476
Colgate-Palmolive Co.
369,220
31,088,324
Coty, Inc., Class A *
168,936
2,040,747
SECURITY
NUMBER
OF SHARES
VALUE ($)
Edgewell Personal Care Co.
22,085
818,249
elf Beauty, Inc. *
24,453
3,900,987
Energizer Holdings, Inc.
31,376
992,109
Estee Lauder Cos., Inc., Class A
103,914
13,715,609
Herbalife Ltd. *
41,704
502,533
Honest Co., Inc. *
42,967
122,456
Inter Parfums, Inc.
8,373
1,165,103
Kenvue, Inc.
771,645
16,019,350
Kimberly-Clark Corp.
151,160
18,285,825
Lifevantage Corp.
7,299
38,758
Medifast, Inc.
4,730
258,495
Natural Alternatives International,
Inc. *
3,654
22,691
Natural Health Trends Corp.
6,750
42,795
Nature's Sunshine Products, Inc. *
4,762
82,906
Nu Skin Enterprises, Inc., Class A
22,078
409,768
Oil-Dri Corp. of America
1,961
127,387
Olaplex Holdings, Inc. *
49,924
112,329
Procter & Gamble Co.
1,055,227
165,818,371
Reynolds Consumer Products, Inc.
26,473
719,271
Safety Shot, Inc. *(a)
13,500
42,120
Spectrum Brands Holdings, Inc.
15,631
1,228,909
United-Guardian, Inc.
3,342
25,667
USANA Health Sciences, Inc. *
4,815
225,438
WD-40 Co.
5,885
1,524,097
 
282,722,247
 
Insurance 2.3%
Aflac, Inc.
238,594
20,123,018
Allstate Corp.
117,181
18,192,350
Ambac Financial Group, Inc. *
18,370
298,512
American Coastal Insurance Corp.,
Class C *
6,372
73,724
American Equity Investment Life
Holding Co. *
28,730
1,586,183
American Financial Group, Inc.
28,887
3,477,995
American International Group, Inc.
314,703
21,875,006
AMERISAFE, Inc.
8,109
404,153
Aon PLC, Class A
89,740
26,781,108
Arch Capital Group Ltd. *
167,589
13,814,361
Arthur J Gallagher & Co.
96,382
22,376,045
Assurant, Inc.
23,511
3,948,672
Assured Guaranty Ltd.
23,994
1,946,633
Axis Capital Holdings Ltd.
35,322
2,102,365
Brighthouse Financial, Inc. *
29,722
1,538,708
Brown & Brown, Inc.
105,153
8,155,667
BRP Group, Inc., Class A *
28,110
630,788
Caret Holdings, Inc., Class A *(a)
9,666
78,295
Chubb Ltd.
182,663
44,752,435
Cincinnati Financial Corp.
69,710
7,723,868
Citizens, Inc., Class A *(a)
24,606
68,897
CNA Financial Corp.
11,952
526,725
CNO Financial Group, Inc.
48,627
1,321,682
Crawford & Co., Class A
10,215
124,010
Donegal Group, Inc., Class A
6,507
97,670
eHealth, Inc. *
13,577
92,324
Employers Holdings, Inc.
11,659
486,413
Enstar Group Ltd. *
5,831
1,556,236
Erie Indemnity Co., Class A
11,261
3,894,392
Everest Group Ltd.
19,428
7,479,197
F&G Annuities & Life, Inc.
7,820
350,649
Fidelity National Financial, Inc.
116,279
5,817,438
First American Financial Corp.
45,784
2,763,064
Genworth Financial, Inc., Class A *
204,265
1,260,315
Globe Life, Inc.
38,517
4,730,658
GoHealth, Inc., Class A *
3,311
39,103
Goosehead Insurance, Inc., Class A *
11,407
880,620
Greenlight Capital Re Ltd., Class A *
9,834
112,206
  49

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Hagerty, Inc., Class A *
15,234
122,634
Hanover Insurance Group, Inc.
16,309
2,152,951
Hartford Financial Services Group,
Inc.
134,909
11,731,687
HCI Group, Inc.
3,137
281,295
Heritage Insurance Holdings, Inc. *
10,125
60,953
Hippo Holdings, Inc. *(a)
7,344
67,932
Horace Mann Educators Corp.
17,846
657,268
ICC Holdings, Inc. *
5,650
88,705
Investors Title Co.
697
116,573
James River Group Holdings Ltd.
15,431
147,675
Kemper Corp.
27,177
1,630,620
Kingsway Financial Services, Inc. *
5,983
52,471
Kinsale Capital Group, Inc.
9,863
3,921,233
Lemonade, Inc. *(a)
27,928
441,821
Lincoln National Corp.
74,630
2,048,593
Loews Corp.
82,018
5,975,831
Maiden Holdings Ltd. *
32,952
57,996
Markel Group, Inc. *
5,957
8,920,191
Marsh & McLennan Cos., Inc.
220,759
42,791,925
MBIA, Inc.
22,069
134,180
Mercury General Corp.
11,235
449,962
MetLife, Inc.
278,375
19,296,955
National Western Life Group, Inc.,
Class A
978
473,352
NI Holdings, Inc. *
3,782
50,528
Old Republic International Corp.
117,117
3,283,961
Oscar Health, Inc., Class A *
63,645
796,835
Palomar Holdings, Inc. *
10,660
638,214
Primerica, Inc.
15,617
3,656,877
Principal Financial Group, Inc.
97,654
7,724,431
ProAssurance Corp.
24,020
323,309
Progressive Corp.
261,935
46,689,914
Prudential Financial, Inc.
161,280
16,923,110
Reinsurance Group of America, Inc.
29,663
5,158,099
RenaissanceRe Holdings Ltd.
23,276
5,326,247
RLI Corp.
18,179
2,479,070
Ryan Specialty Holdings, Inc.,
Class A *
46,260
2,003,983
Safety Insurance Group, Inc.
6,404
533,517
Selective Insurance Group, Inc.
26,783
2,808,465
Selectquote, Inc. *
53,616
59,514
SiriusPoint Ltd. *
44,279
522,492
Skyward Specialty Insurance Group,
Inc. *
15,421
479,593
Stewart Information Services Corp.
12,159
749,724
Tiptree, Inc.
9,652
182,712
Travelers Cos., Inc.
102,185
21,597,822
Trupanion, Inc. *(a)
14,817
403,022
United Fire Group, Inc.
9,091
203,729
Universal Insurance Holdings, Inc.
11,138
185,114
Unum Group
81,676
3,948,218
W R Berkley Corp.
91,363
7,480,802
White Mountains Insurance Group
Ltd.
1,116
1,758,783
Willis Towers Watson PLC
45,997
11,329,061
 
480,401,434
 
Materials 2.5%
AdvanSix, Inc.
11,778
298,926
Air Products & Chemicals, Inc.
99,583
25,464,369
Albemarle Corp.
52,761
6,053,797
Alcoa Corp.
80,300
2,388,925
Alpha Metallurgical Resources, Inc.
5,295
2,113,976
Alto Ingredients, Inc. *
33,727
62,058
Amcor PLC
647,404
6,105,020
American Battery Technology Co. *(a)
32,527
87,823
SECURITY
NUMBER
OF SHARES
VALUE ($)
American Vanguard Corp.
11,255
122,905
Ampco-Pittsburgh Corp. *
7,848
19,855
AptarGroup, Inc.
29,611
3,845,877
Arcadium Lithium PLC *
457,292
2,236,158
Arch Resources, Inc.
8,577
1,517,786
Ascent Industries Co. *
4,646
46,506
Ashland, Inc.
22,474
2,104,016
Aspen Aerogels, Inc. *
28,080
315,338
ATI, Inc. *
57,200
2,337,764
Avery Dennison Corp.
35,879
7,156,067
Avient Corp.
40,064
1,450,717
Axalta Coating Systems Ltd. *
98,418
3,190,712
Balchem Corp.
14,605
2,047,037
Ball Corp.
140,333
7,781,465
Berry Global Group, Inc.
53,362
3,493,076
Cabot Corp.
24,259
1,749,074
Carpenter Technology Corp.
21,950
1,351,900
Celanese Corp., Class A
44,558
6,518,390
Century Aluminum Co. *
22,913
255,480
CF Industries Holdings, Inc.
84,988
6,417,444
Chemours Co.
67,300
2,030,441
Clearwater Paper Corp. *
7,639
251,858
Cleveland-Cliffs, Inc. *
226,249
4,536,292
Coeur Mining, Inc. *
179,585
483,084
Commercial Metals Co.
53,599
2,798,940
Compass Minerals International, Inc.
14,554
327,319
Contango ORE, Inc. *
1,750
28,822
Core Molding Technologies, Inc. *
2,885
49,910
Corteva, Inc.
315,872
14,365,859
Crown Holdings, Inc.
53,772
4,758,822
Dakota Gold Corp. *
24,511
51,473
Danimer Scientific, Inc. *(a)
37,658
24,026
Dow, Inc.
314,431
16,853,502
DuPont de Nemours, Inc.
193,163
11,937,473
Eagle Materials, Inc.
15,456
3,497,384
Eastman Chemical Co.
53,335
4,456,139
Ecolab, Inc.
113,834
22,564,175
Ecovyst, Inc. *
46,051
426,432
Element Solutions, Inc.
99,960
2,222,111
Flotek Industries, Inc. *
5,581
17,189
FMC Corp.
55,879
3,140,400
Freeport-McMoRan, Inc.
642,822
25,513,605
Friedman Industries, Inc.
2,834
47,328
Gatos Silver, Inc. *
17,898
109,536
Ginkgo Bioworks Holdings, Inc. *(a)
585,011
707,863
Gold Resource Corp. *
39,537
9,315
Graphic Packaging Holding Co.
136,164
3,473,544
Greif, Inc., Class A
13,364
836,720
Hawkins, Inc.
8,063
536,754
Haynes International, Inc.
5,389
300,006
HB Fuller Co.
24,358
1,845,606
Hecla Mining Co.
248,268
945,901
Huntsman Corp.
73,671
1,807,886
Hycroft Mining Holding Corp. *(a)
6,015
12,090
Idaho Strategic Resources, Inc. *
4,628
28,786
Ingevity Corp. *
14,768
643,294
Innospec, Inc.
10,861
1,261,071
International Flavors & Fragrances,
Inc.
114,782
9,260,612
International Paper Co.
154,265
5,527,315
Intrepid Potash, Inc. *
3,965
72,956
Kaiser Aluminum Corp.
6,881
446,577
Knife River Corp. *
26,236
1,718,196
Koppers Holdings, Inc.
10,777
551,136
Kronos Worldwide, Inc.
9,190
85,559
Linde PLC
217,095
87,886,569
Loop Industries, Inc. *(a)
9,523
33,521
Louisiana-Pacific Corp.
28,037
1,865,862
LSB Industries, Inc. *
21,659
161,143
50  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
LyondellBasell Industries NV, Class A
114,599
10,786,058
Martin Marietta Materials, Inc.
27,579
14,021,715
Materion Corp.
9,668
1,130,866
Mativ Holdings, Inc.
23,942
288,022
McEwen Mining, Inc. *
18,704
119,893
Mercer International, Inc.
18,274
154,598
Minerals Technologies, Inc.
15,242
996,065
Mosaic Co.
144,712
4,444,105
MP Materials Corp. *
63,304
1,000,836
Myers Industries, Inc.
15,888
297,900
NewMarket Corp.
3,028
1,689,049
Newmont Corp.
514,673
17,761,365
Northern Technologies International
Corp.
2,657
34,382
Nucor Corp.
109,917
20,546,785
O-I Glass, Inc. *
72,227
1,051,625
Olin Corp.
54,947
2,861,090
Olympic Steel, Inc.
4,090
276,402
Orion SA
27,306
611,654
Packaging Corp. of America
40,411
6,703,377
Pactiv Evergreen, Inc.
15,063
219,920
Perimeter Solutions SA *
64,240
304,498
Piedmont Lithium, Inc. *
6,862
104,851
PPG Industries, Inc.
105,754
14,915,544
PureCycle Technologies, Inc. *(a)
55,133
216,121
Quaker Chemical Corp.
6,333
1,202,890
Ramaco Resources, Inc., Class A
15,917
300,513
Ramaco Resources, Inc., Class B
2,118
26,729
Ranpak Holdings Corp., Class A *
15,372
63,333
Rayonier Advanced Materials, Inc. *
26,864
116,590
Reliance Steel & Aluminum Co.
25,748
7,348,994
Royal Gold, Inc.
29,302
3,351,856
RPM International, Inc.
57,193
6,100,205
Ryerson Holding Corp.
12,949
444,410
Schnitzer Steel Industries, Inc.,
Class A
11,633
306,297
Scotts Miracle-Gro Co.
19,443
1,093,863
Sealed Air Corp.
65,892
2,276,569
Sensient Technologies Corp.
19,516
1,210,577
Sherwin-Williams Co.
105,522
32,118,786
Silgan Holdings, Inc.
37,619
1,728,217
Smith-Midland Corp. *
1,800
69,939
Solitario Resources Corp. *
44,899
23,671
Sonoco Products Co.
44,388
2,525,677
Steel Dynamics, Inc.
68,252
8,237,334
Stepan Co.
9,304
830,568
Summit Materials, Inc., Class A *
53,461
1,934,219
SunCoke Energy, Inc.
34,174
350,283
Sylvamo Corp.
15,710
729,415
TimkenSteel Corp. *
16,743
344,069
Tredegar Corp.
10,770
50,942
TriMas Corp.
17,344
428,050
Tronox Holdings PLC
49,611
684,136
U.S. Antimony Corp. *
59,275
13,912
U.S. Gold Corp. *
7,270
26,899
U.S. Lime & Minerals, Inc.
962
248,840
U.S. Steel Corp.
100,276
4,714,977
Universal Stainless & Alloy Products,
Inc. *
5,210
98,782
Valhi, Inc.
1,628
22,580
Vulcan Materials Co.
59,708
13,494,605
Warrior Met Coal, Inc.
22,693
1,456,210
Westlake Corp.
14,583
2,017,558
Westrock Co.
113,846
4,583,440
Worthington Steel, Inc. *
12,939
387,523
 
538,543,042
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Media & Entertainment 7.3%
Advantage Solutions, Inc. *
42,984
173,226
Alphabet, Inc., Class A *
2,649,612
371,210,641
Alphabet, Inc., Class C *
2,229,985
316,211,873
Altice USA, Inc., Class A *
102,606
250,359
AMC Entertainment Holdings, Inc.,
Class A *(a)
111,101
449,959
AMC Networks, Inc., Class A *
17,154
310,316
Angi, Inc. *
46,987
111,359
Arena Group Holdings, Inc. *
4,958
7,586
Atlanta Braves Holdings, Inc.,
Class C *
21,892
882,467
Boston Omaha Corp., Class A *
8,359
129,481
Bumble, Inc., Class A *
43,395
595,379
Cable One, Inc.
2,015
1,106,094
Cardlytics, Inc. *
25,904
197,907
Cargurus, Inc. *
38,901
904,059
Cars.com, Inc. *
26,286
458,165
Charter Communications, Inc.,
Class A *
44,780
16,600,394
Cinemark Holdings, Inc. *
47,010
650,148
Clear Channel Outdoor Holdings,
Inc. *
153,084
263,304
Comcast Corp., Class A
1,797,883
83,673,475
comScore, Inc. *
2,302
46,454
Cumulus Media, Inc., Class A *
7,422
34,141
CuriosityStream, Inc. *
23,041
12,025
Daily Journal Corp. *
412
132,384
DHI Group, Inc. *
17,605
40,315
Electronic Arts, Inc.
109,531
15,069,275
Emerald Holding, Inc. *
6,732
41,334
Endeavor Group Holdings, Inc.,
Class A
82,142
2,033,014
Entravision Communications Corp.,
Class A
34,841
140,409
Eventbrite, Inc., Class A *
35,982
301,169
EverQuote, Inc., Class A *
8,283
104,614
EW Scripps Co., Class A *
25,886
206,311
Fluent, Inc. *
30,212
16,360
Fox Corp., Class A
166,374
5,373,880
fuboTV, Inc. *
129,071
321,387
Gaia, Inc., Class A *
10,263
29,763
Gannett Co., Inc. *
69,602
171,917
Getty Images Holdings, Inc. *(a)
18,585
79,544
Golden Matrix Group, Inc. *
8,251
23,680
Gray Television, Inc.
36,454
348,136
Grindr, Inc. *(a)
10,471
90,888
Harte Hanks, Inc. *
3,347
25,906
IAC, Inc. *
30,436
1,528,192
iHeartMedia, Inc., Class A *
43,715
118,468
Innovid Corp. *
35,745
54,332
Integral Ad Science Holding Corp. *
33,997
494,656
Interpublic Group of Cos., Inc.
170,564
5,626,906
IZEA Worldwide, Inc. *
8,623
17,332
John Wiley & Sons, Inc., Class A
18,846
637,749
Lee Enterprises, Inc. *
1,545
16,732
Liberty Broadband Corp., Class C *
58,818
4,614,272
Liberty Media Corp.-Liberty Formula
One, Class C *
103,103
6,933,677
Liberty Media Corp.-Liberty Live,
Class C *
31,561
1,176,278
Liberty Media Corp.-Liberty
SiriusXM, Class C *
101,527
3,082,360
Lions Gate Entertainment Corp.,
Class A *
87,853
916,307
Live Nation Entertainment, Inc. *
63,250
5,619,762
LiveOne, Inc. *
39,793
56,904
  51

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Madison Square Garden
Entertainment Corp., Class A *
18,450
615,123
Madison Square Garden Sports
Corp. *
7,599
1,406,575
Magnite, Inc. *
51,501
455,784
Marchex, Inc., Class B *
24,313
33,066
Marcus Corp.
10,398
141,205
Match Group, Inc. *
121,028
4,645,055
MediaAlpha, Inc., Class A *
11,398
145,325
Meta Platforms, Inc., Class A *
993,764
387,707,087
National CineMedia, Inc. *
44,303
181,199
Netflix, Inc. *
195,958
110,541,867
New York Times Co., Class A
72,375
3,514,530
News Corp., Class A
223,543
5,508,100
Nexstar Media Group, Inc., Class A
14,534
2,582,837
Nextdoor Holdings, Inc. *
62,506
95,009
Omnicom Group, Inc.
88,949
8,039,211
Outbrain, Inc. *
10,250
40,283
Paramount Global, Class B
221,245
3,227,965
Pinterest, Inc., Class A *
262,746
9,845,093
Playstudios, Inc. *
40,501
89,102
Playtika Holding Corp. *
30,485
220,102
PodcastOne, Inc. *
1,895
3,278
PSQ Holdings, Inc. *(a)
8,011
39,815
PubMatic, Inc., Class A *
19,401
294,507
QuinStreet, Inc. *
21,564
273,216
Reading International, Inc., Class B *
1,251
17,176
Reservoir Media, Inc. *
14,527
101,689
ROBLOX Corp., Class A *
218,644
8,485,574
Roku, Inc. *
56,658
4,989,303
Rumble, Inc. *(a)
34,234
234,503
Saga Communications, Inc., Class A
1,989
46,980
Scholastic Corp.
12,861
494,377
Shutterstock, Inc.
10,396
488,300
Sinclair, Inc.
15,351
241,011
Sirius XM Holdings, Inc. (a)
296,892
1,511,180
Skillz, Inc., Class A *
6,303
33,910
Snap, Inc., Class A *
462,563
7,350,126
Sphere Entertainment Co. *
11,111
393,107
Stagwell, Inc., Class A *
43,953
286,574
Take-Two Interactive Software, Inc. *
70,689
11,658,737
TechTarget, Inc. *
11,292
385,848
TEGNA, Inc.
88,242
1,375,693
Thryv Holdings, Inc. *
12,739
260,385
TKO Group Holdings, Inc.
26,663
2,231,426
Townsquare Media, Inc., Class A
6,366
68,371
Trade Desk, Inc., Class A *
199,743
13,668,413
Travelzoo *
4,020
34,049
TripAdvisor, Inc. *
50,308
1,086,653
TrueCar, Inc. *
41,115
145,547
Urban One, Inc. *
6,214
22,370
Urban One, Inc., Class A *
6,023
22,044
Vimeo, Inc. *
71,535
283,994
Vivid Seats, Inc., Class A *
21,498
123,399
Walt Disney Co.
819,230
78,687,041
Warner Bros Discovery, Inc. *
994,720
9,967,094
Warner Music Group Corp., Class A
63,189
2,305,767
WideOpenWest, Inc. *
23,881
88,599
Yelp, Inc., Class A *
31,656
1,384,317
Zedge, Inc., Class B *
11,319
36,900
Ziff Davis, Inc. *
20,262
1,365,659
ZipRecruiter, Inc., Class A *
33,246
462,784
ZoomInfo Technologies, Inc.,
Class A *
132,890
2,131,556
 
1,541,838,815
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Pharmaceuticals, Biotechnology & Life Sciences 7.4%
10X Genomics, Inc., Class A *
46,955
1,956,615
180 Life Sciences Corp. *
348,908
73,201
2seventy bio, Inc. *
41,139
211,454
4D Molecular Therapeutics, Inc. *
16,081
277,397
89bio, Inc. *
29,991
296,911
Aadi Bioscience, Inc. *
8,294
15,261
AbbVie, Inc.
790,468
129,952,939
Abeona Therapeutics, Inc. *
8,850
36,020
Absci Corp. *
23,263
92,121
ACADIA Pharmaceuticals, Inc. *
55,262
1,431,838
ACELYRIN, Inc. *
13,426
102,306
Achieve Life Sciences, Inc. *
8,279
40,815
Aclaris Therapeutics, Inc. *
25,691
29,802
Acrivon Therapeutics, Inc. *
3,170
11,571
Actinium Pharmaceuticals, Inc. *
12,526
67,390
Acumen Pharmaceuticals, Inc. *
9,845
31,307
Adaptive Biotechnologies Corp. *
49,118
180,263
ADMA Biologics, Inc. *
83,730
434,559
Adverum Biotechnologies, Inc. *
36,413
38,234
Aerovate Therapeutics, Inc. *
3,663
70,733
Agenus, Inc. *
140,185
93,531
Agilent Technologies, Inc.
130,820
17,019,682
Agios Pharmaceuticals, Inc. *
24,055
544,124
Akebia Therapeutics, Inc. *
79,804
134,071
Akero Therapeutics, Inc. *
24,455
528,473
Akoya Biosciences, Inc. *
7,848
39,868
Alaunos Therapeutics, Inc. *
110,297
18,596
Aldeyra Therapeutics, Inc. *
19,049
59,623
Alector, Inc. *
26,074
155,401
Aligos Therapeutics, Inc. *
31,383
21,654
Alkermes PLC *
75,777
2,049,768
Allakos, Inc. *
29,756
37,790
Allogene Therapeutics, Inc. *
51,083
179,812
Allovir, Inc. *
57,055
41,080
Alnylam Pharmaceuticals, Inc. *
56,355
9,744,343
Alpine Immune Sciences, Inc. *
19,470
518,097
Altimmune, Inc. *
20,396
192,538
ALX Oncology Holdings, Inc. *
10,211
147,141
Amgen, Inc.
239,610
75,299,839
Amicus Therapeutics, Inc. *
121,964
1,516,013
Amneal Pharmaceuticals, Inc. *
45,474
243,286
Amphastar Pharmaceuticals, Inc. *
16,418
876,064
Amylyx Pharmaceuticals, Inc. *
17,199
275,184
AN2 Therapeutics, Inc. *
8,550
165,015
AnaptysBio, Inc. *
7,265
171,454
Anavex Life Sciences Corp. *(a)
36,218
216,221
ANI Pharmaceuticals, Inc. *
7,569
422,502
Anika Therapeutics, Inc. *
5,811
136,675
Anixa Biosciences, Inc. *
12,785
58,044
Annexon, Inc. *
19,332
80,324
Annovis Bio, Inc. *(a)
2,061
22,774
Apellis Pharmaceuticals, Inc. *
46,296
2,930,074
Apogee Therapeutics, Inc. *
9,804
328,434
Applied Therapeutics, Inc. *
24,504
76,698
AquaBounty Technologies, Inc. *
2,202
5,681
Aquestive Therapeutics, Inc. *
19,078
45,596
Arbutus Biopharma Corp. *
50,681
120,114
ARCA biopharma, Inc. *
14,988
23,831
Arcellx, Inc. *
14,711
909,728
Arcturus Therapeutics Holdings,
Inc. *
10,133
334,085
Arcus Biosciences, Inc. *
21,937
332,126
Arcutis Biotherapeutics, Inc. *
37,499
220,119
Ardelyx, Inc. *
111,347
972,059
Arrowhead Pharmaceuticals, Inc. *
54,599
1,752,628
ARS Pharmaceuticals, Inc. *
16,170
100,416
Arvinas, Inc. *
24,238
1,005,877
52  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Assembly Biosciences, Inc. *
32,452
30,508
Assertio Holdings, Inc. *
40,135
35,423
Astria Therapeutics, Inc. *
9,822
127,981
Atara Biotherapeutics, Inc. *
41,098
25,629
Atea Pharmaceuticals, Inc. *
33,404
138,961
Atossa Therapeutics, Inc. *
45,962
39,252
Atreca, Inc., Class A *
22,959
6,750
aTyr Pharma, Inc. *
26,689
42,569
Aura Biosciences, Inc. *
25,362
195,287
Avantor, Inc. *
302,087
6,944,980
Avid Bioservices, Inc. *
27,120
183,602
Avidity Biosciences, Inc. *
31,152
380,989
Avita Medical, Inc. *
10,054
168,505
Avrobio, Inc. *
9,797
12,344
Axsome Therapeutics, Inc. *
17,254
1,553,378
Azenta, Inc. *
26,231
1,710,261
Beam Therapeutics, Inc. *
31,404
766,258
BioAtla, Inc. *
18,434
35,301
BioCryst Pharmaceuticals, Inc. *
103,077
546,308
Biogen, Inc. *
65,007
16,034,627
Biohaven Ltd. *
30,282
1,346,943
BioLife Solutions, Inc. *
14,953
254,201
BioMarin Pharmaceutical, Inc. *
83,852
7,385,684
Biomea Fusion, Inc. *(a)
9,488
171,543
Bionano Genomics, Inc. *(a)
27,990
33,028
Biora Therapeutics, Inc. *
8,398
7,894
Bio-Rad Laboratories, Inc., Class A *
9,502
3,049,097
Biote Corp., Class A *
7,115
26,966
Bio-Techne Corp.
70,601
4,964,662
Bioxcel Therapeutics, Inc. *(a)
21,785
70,148
Black Diamond Therapeutics, Inc. *
14,484
55,619
Bluebird Bio, Inc. *
47,349
48,296
Blueprint Medicines Corp. *
27,519
2,188,586
Bolt Biotherapeutics, Inc. *
3,417
3,451
Bridgebio Pharma, Inc. *
57,654
1,976,956
Bright Green Corp. *
28,510
5,691
Bristol-Myers Squibb Co.
911,004
44,520,765
Bruker Corp.
41,714
2,982,968
C4 Therapeutics, Inc. *
21,536
133,092
Cabaletta Bio, Inc. *
16,585
339,661
Capricor Therapeutics, Inc. *
13,479
54,455
Cardiff Oncology, Inc. *
16,399
25,582
CareDx, Inc. *
22,269
190,623
Cargo Therapeutics, Inc. *
10,982
241,714
Caribou Biosciences, Inc. *
40,353
247,364
Carisma Therapeutics, Inc. (a)
11,791
24,761
Cartesian Therapeutics, Inc. *
59,796
43,053
Cassava Sciences, Inc. *(a)
17,259
413,353
Catalent, Inc. *
80,415
4,152,631
Catalyst Pharmaceuticals, Inc. *
49,175
708,120
Celcuity, Inc. *
4,926
74,383
Celldex Therapeutics, Inc. *
23,791
837,919
CEL-SCI Corp. *(a)
16,481
47,300
Cerevel Therapeutics Holdings, Inc. *
38,421
1,609,840
Champions Oncology, Inc. *
6,854
39,822
Charles River Laboratories
International, Inc. *
23,021
4,978,982
ChromaDex Corp. *
24,667
36,014
Cibus, Inc. *
7,726
129,410
Cidara Therapeutics, Inc. *
26,814
17,193
Citius Pharmaceuticals, Inc. *
76,073
47,241
Clearside Biomedical, Inc. *
20,216
25,270
Clene, Inc. *
25,692
12,692
Codexis, Inc. *
45,863
120,620
Cogent Biosciences, Inc. *
35,766
158,443
Cognition Therapeutics, Inc. *
11,965
27,161
Coherus Biosciences, Inc. *
35,313
75,923
Collegium Pharmaceutical, Inc. *
14,303
471,427
Compass Therapeutics, Inc. *
42,767
55,597
SECURITY
NUMBER
OF SHARES
VALUE ($)
Corbus Pharmaceuticals Holdings,
Inc. *
3,313
87,761
Corcept Therapeutics, Inc. *
42,109
888,500
CorMedix, Inc. *
22,604
66,682
Corvus Pharmaceuticals, Inc. *
15,668
31,336
Crinetics Pharmaceuticals, Inc. *
24,945
909,994
CRISPR Therapeutics AG *
35,651
2,244,230
CryoPort, Inc. *
20,286
294,350
Cue Biopharma, Inc. *
17,072
45,070
Cullinan Oncology, Inc. *
20,998
317,910
Curis, Inc. *
2,854
28,255
Cymabay Therapeutics, Inc. *
50,027
1,176,135
Cyteir Therapeutics, Inc. *
15,972
49,513
Cytek Biosciences, Inc. *
46,745
352,925
Cytokinetics, Inc. *
44,692
3,491,786
CytomX Therapeutics, Inc. *
24,817
37,970
Danaher Corp.
294,441
70,639,340
Dare Bioscience, Inc. *
30,532
9,923
Day One Biopharmaceuticals, Inc. *
25,478
383,444
Deciphera Pharmaceuticals, Inc. *
24,491
350,711
Denali Therapeutics, Inc. *
55,676
891,373
DermTech, Inc. *
11,512
13,814
DiaMedica Therapeutics, Inc. *
13,251
37,368
Dianthus Therapeutics, Inc. *
1,710
32,490
Disc Medicine, Inc. *
5,436
357,417
Dyadic International, Inc. *
16,336
21,237
Dynavax Technologies Corp. *
58,800
759,696
Dyne Therapeutics, Inc. *
22,402
479,403
Edgewise Therapeutics, Inc. *
18,744
334,206
Editas Medicine, Inc. *
38,967
273,938
Eiger BioPharmaceuticals Inc *
1,114
7,252
Elanco Animal Health, Inc. *
221,655
3,267,195
Eledon Pharmaceuticals, Inc. *
14,987
26,677
Eli Lilly & Co.
357,021
230,496,328
Elicio Operating Co., Inc. *
2,363
10,397
Emergent BioSolutions, Inc. *
43,373
72,433
Enanta Pharmaceuticals, Inc. *
8,668
105,316
Enliven Therapeutics, Inc. *(a)
8,344
131,001
Entrada Therapeutics, Inc. *(a)
7,643
111,359
Erasca, Inc. *
37,301
62,293
Esperion Therapeutics, Inc. *(a)
57,991
124,101
Eton Pharmaceuticals, Inc. *
13,239
61,826
Evolus, Inc. *
17,279
219,271
Exact Sciences Corp. *
81,510
5,330,754
Exelixis, Inc. *
139,608
3,037,870
Eyenovia, Inc. *
12,362
22,499
EyePoint Pharmaceuticals, Inc. *
16,619
447,550
Fate Therapeutics, Inc. *
38,651
238,090
Foghorn Therapeutics, Inc. *
8,974
28,537
Fortrea Holdings, Inc. *
41,466
1,283,787
Fulcrum Therapeutics, Inc. *
24,485
176,782
G1 Therapeutics, Inc. *
21,516
84,988
Gain Therapeutics, Inc. *
7,043
27,256
Galectin Therapeutics, Inc. *
17,413
29,428
Galecto, Inc. *
15,761
9,781
Genelux Corp. *
9,191
97,241
Generation Bio Co. *
24,023
45,163
Geron Corp. *
235,465
433,256
Gilead Sciences, Inc.
557,879
43,659,611
GlycoMimetics, Inc. *
22,361
67,083
Gossamer Bio, Inc. *
156,778
131,694
Graphite Bio, Inc. *
17,740
48,253
Greenwich Lifesciences, Inc. *
2,671
23,077
Gritstone bio, Inc. *
66,565
159,090
Gyre Therapeutics, Inc. *(a)
6,662
82,409
Halozyme Therapeutics, Inc. *
58,977
1,996,371
Harmony Biosciences Holdings, Inc. *
16,728
527,601
Harpoon Therapeutics, Inc. *
11,401
254,584
Harrow, Inc. *
12,577
119,859
  53

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Harvard Bioscience, Inc. *
14,274
62,806
Heron Therapeutics, Inc. *
51,211
123,419
HilleVax, Inc. *
13,917
197,204
Homology Medicines, Inc. *
21,971
14,721
Hookipa Pharma, Inc. *
36,285
22,537
Humacyte, Inc. *(a)
22,996
76,347
Icosavax, Inc. *
19,201
293,967
Ideaya Biosciences, Inc. *
29,165
1,269,552
IGM Biosciences, Inc. *(a)
4,577
48,150
Ikena Oncology, Inc. *
12,066
16,168
Illumina, Inc. *
71,312
10,198,329
Immuneering Corp., Class A *
8,677
50,934
Immunic, Inc. *(a)
25,000
29,750
ImmunityBio, Inc. *(a)
60,586
203,569
ImmunoGen, Inc. *
107,613
3,155,213
Immunome, Inc. *(a)
14,246
236,056
Immunovant, Inc. *
26,185
953,396
IN8bio, Inc. *
13,105
17,037
Incyte Corp. *
83,402
4,901,536
Inhibrx, Inc. *
13,459
518,575
Inmune Bio, Inc. *
5,159
61,547
Innoviva, Inc. *
24,927
403,817
Inovio Pharmaceuticals Inc *
11,075
59,694
Inozyme Pharma, Inc. *
10,879
59,834
Insmed, Inc. *
63,877
1,775,781
Instil Bio, Inc. *
2,981
35,176
Intellia Therapeutics, Inc. *
41,185
981,027
Intra-Cellular Therapies, Inc. *
40,371
2,718,583
Invivyd, Inc. *
24,069
114,809
Ionis Pharmaceuticals, Inc. *
64,524
3,315,888
Iovance Biotherapeutics, Inc. *
96,581
746,571
IQVIA Holdings, Inc. *
82,096
17,094,850
Ironwood Pharmaceuticals, Inc.,
Class A *
56,987
808,646
iTeos Therapeutics, Inc. *
10,503
104,505
Janux Therapeutics, Inc. *
6,583
56,350
Jasper Therapeutics Inc *
3,689
43,456
Jazz Pharmaceuticals PLC *
28,508
3,498,502
Johnson & Johnson
1,077,789
171,260,672
KalVista Pharmaceuticals, Inc. *
8,852
139,596
Karuna Therapeutics, Inc. *
16,039
5,026,943
Karyopharm Therapeutics, Inc. *
51,000
38,276
Keros Therapeutics, Inc. *
10,741
594,622
Kezar Life Sciences, Inc. *
63,358
62,693
Kineta, Inc. *
8,000
20,640
Kiniksa Pharmaceuticals Ltd.,
Class A *
12,806
225,770
Kinnate Biopharma, Inc. *
9,080
21,520
Kodiak Sciences, Inc. *
15,730
63,077
Korro Bio, Inc. *(a)
3,147
159,899
Kronos Bio, Inc. *
16,500
18,645
Krystal Biotech, Inc. *
10,641
1,183,811
Kura Oncology, Inc. *
36,794
741,031
Kymera Therapeutics, Inc. *
16,569
543,132
Lantern Pharma, Inc. *
657
2,773
Larimar Therapeutics, Inc. *
15,137
87,643
Lexeo Therapeutics, Inc. *
4,200
71,988
Lexicon Pharmaceuticals, Inc. *(a)
46,637
87,211
Lifecore Biomedical, Inc. *
10,427
68,088
Ligand Pharmaceuticals, Inc. *
7,105
519,375
Lineage Cell Therapeutics, Inc. *
68,183
63,417
Lipocine, Inc. *
2,942
11,474
Liquidia Corp. *
20,793
265,735
Longboard Pharmaceuticals, Inc. *
11,164
237,123
Lyell Immunopharma, Inc. *
61,098
111,809
Lyra Therapeutics, Inc. *
9,060
41,223
MacroGenics, Inc. *
24,123
344,959
Madrigal Pharmaceuticals, Inc. *
6,755
1,463,876
MannKind Corp. *
113,573
379,334
SECURITY
NUMBER
OF SHARES
VALUE ($)
Maravai LifeSciences Holdings, Inc.,
Class A *
48,185
279,473
Marinus Pharmaceuticals, Inc. *
30,501
297,080
MaxCyte, Inc. *
43,954
223,726
MediciNova, Inc. *
17,843
25,159
Medpace Holdings, Inc. *
10,475
3,054,300
MEI Pharma, Inc.
4,822
21,699
Merck & Co., Inc.
1,134,535
137,029,137
Merrimack Pharmaceuticals, Inc. *
5,681
76,125
Mersana Therapeutics, Inc. *
44,571
140,844
Mesa Laboratories, Inc.
2,222
203,580
Mettler-Toledo International, Inc. *
9,720
11,636,687
MiMedx Group, Inc. *
51,298
397,047
Mind Medicine MindMed, Inc. *
18,372
70,916
Mineralys Therapeutics, Inc. *
5,051
55,106
MiNK Therapeutics, Inc. *
1,744
1,509
Mirum Pharmaceuticals, Inc. *
17,908
473,846
Moderna, Inc. *
148,309
14,986,624
Moleculin Biotech, Inc. *
5,479
2,761
Monte Rosa Therapeutics, Inc. *
13,679
72,430
Morphic Holding, Inc. *
17,544
555,969
Mural Oncology PLC *
7,145
31,367
Mustang Bio, Inc. *
5,943
8,558
Myriad Genetics, Inc. *
41,186
880,969
Natera, Inc. *
50,247
3,313,287
Nautilus Biotechnology, Inc. *
22,256
61,872
Nektar Therapeutics, Class A *
99,411
53,911
Neumora Therapeutics, Inc. *(a)
10,690
159,281
Neurocrine Biosciences, Inc. *
43,822
6,125,001
NextCure, Inc. *
10,000
12,200
Nkarta, Inc. *
16,813
151,990
Novavax, Inc. *(a)
53,030
212,120
NRX Pharmaceuticals, Inc. *
43,732
16,181
Nurix Therapeutics, Inc. *
17,851
141,023
Nuvalent, Inc., Class A *
13,827
1,039,376
Nuvation Bio, Inc. *
71,002
115,023
Nuvectis Pharma, Inc. *
2,330
16,986
Ocean Biomedical, Inc. *
6,470
3,676
Ocugen, Inc. *
170,254
91,239
Ocular Therapeutix, Inc. *
36,014
175,028
Ocuphire Pharma, Inc. *
5,599
14,669
Olema Pharmaceuticals, Inc. *
26,228
342,013
Omega Therapeutics, Inc. *(a)
9,399
34,306
Omeros Corp. *(a)
26,846
86,981
OmniAb, Inc. *
48,133
279,171
Oncternal Therapeutics Inc *
1,612
15,754
Optinose, Inc. *
36,174
45,579
Oragenics, Inc. *
1,680
3,864
Organogenesis Holdings, Inc.,
Class A *
29,326
96,776
Organon & Co.
112,824
1,878,520
ORIC Pharmaceuticals, Inc. *
16,653
183,016
Ovid therapeutics, Inc. *
26,321
101,862
Pacific Biosciences of California,
Inc. *
113,781
740,714
Pacira BioSciences, Inc. *
19,757
643,881
Palatin Technologies, Inc. *
5,171
21,770
Passage Bio, Inc. *
7,891
7,733
PDS Biotechnology Corp. *(a)
13,278
71,037
PepGen, Inc. *
4,814
48,284
Perrigo Co. PLC
61,521
1,973,594
Personalis, Inc. *
22,941
30,741
Perspective Therapeutics, Inc. *
116,009
93,956
Pfizer, Inc.
2,528,017
68,458,700
PharmaCyte Biotech, Inc. *
5,947
13,024
Phathom Pharmaceuticals, Inc. *
11,258
75,429
Phibro Animal Health Corp., Class A
8,185
88,480
Pliant Therapeutics, Inc. *
25,045
448,806
Poseida Therapeutics, Inc., Class A *
19,911
68,494
54  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Praxis Precision Medicines, Inc. *
4,126
180,017
Precigen, Inc. *
67,713
93,444
Prelude Therapeutics, Inc. *
7,515
24,649
Prestige Consumer Healthcare, Inc. *
23,185
1,426,805
Prime Medicine, Inc. *(a)
18,724
118,897
ProKidney Corp. *(a)
17,259
22,609
ProPhase Labs, Inc. *
5,896
28,596
Protagonist Therapeutics, Inc. *
28,025
700,905
Prothena Corp. PLC *
17,365
492,992
PTC Therapeutics, Inc. *
35,678
930,839
Puma Biotechnology, Inc. *
19,453
91,429
Pyxis Oncology, Inc. *
6,524
24,856
Quanterix Corp. *
14,993
331,195
Quantum-Si, Inc. *
32,018
49,948
Quince Therapeutics, Inc. *
11,013
13,656
Rallybio Corp. *
7,128
9,623
Rapid Micro Biosystems, Inc.,
Class A *
6,797
6,492
RAPT Therapeutics, Inc. *
15,769
390,283
RayzeBio, Inc. *
9,432
585,727
Recursion Pharmaceuticals, Inc.,
Class A *
69,639
655,303
Regeneron Pharmaceuticals, Inc. *
47,964
45,219,500
REGENXBIO, Inc. *
16,406
202,122
Regulus Therapeutics, Inc. *
9,113
11,574
Relay Therapeutics, Inc. *
46,087
426,305
Relmada Therapeutics, Inc. *
12,505
49,145
Reneo Pharmaceuticals, Inc. *
7,425
12,177
RenovoRx, Inc. *
49,232
73,848
Repligen Corp. *
23,341
4,420,785
Replimune Group, Inc. *
24,096
186,985
Revance Therapeutics, Inc. *
36,568
183,937
Reviva Pharmaceuticals Holdings,
Inc. *
4,892
18,981
REVOLUTION Medicines, Inc. *
59,315
1,645,991
Revvity, Inc.
54,597
5,851,706
Rezolute, Inc. *
13,757
15,133
Rhythm Pharmaceuticals, Inc. *
22,511
992,960
Rigel Pharmaceuticals, Inc. *
65,618
76,773
Rocket Pharmaceuticals, Inc. *
31,234
897,353
Roivant Sciences Ltd. *
151,710
1,517,100
Royalty Pharma PLC, Class A
172,633
4,901,051
SAB Biotherapeutics Inc *
1,624
9,743
Sage Therapeutics, Inc. *
22,552
578,233
Sana Biotechnology, Inc. *
38,121
209,284
Sangamo Therapeutics, Inc. *
80,106
36,608
Sarepta Therapeutics, Inc. *
41,883
4,983,658
Savara, Inc. *
40,048
197,837
Scholar Rock Holding Corp. *
22,419
312,745
Scilex Holding Co. *(b)
30,357
44,989
scPharmaceuticals, Inc. *
7,807
38,254
SCYNEXIS, Inc. *
8,875
18,283
Seer, Inc., Class A *
17,867
30,731
SELLAS Life Sciences Group,
Inc. *(a)
16,238
10,392
Sera Prognostics, Inc., Class A *
12,000
84,000
Shattuck Labs, Inc. *
20,881
197,117
SIGA Technologies, Inc.
17,097
83,433
Societal CDMO, Inc. *
37,047
12,255
Soleno Therapeutics, Inc. *
7,195
333,488
Solid Biosciences, Inc. *
4,276
29,462
Sotera Health Co. *
43,614
641,998
Spero Therapeutics, Inc. *
28,565
43,419
SpringWorks Therapeutics, Inc. *
27,758
1,224,961
Spruce Biosciences, Inc. *
15,289
55,958
Standard BioTools, Inc. *
111,585
253,298
Stoke Therapeutics, Inc. *
12,708
61,507
Summit Therapeutics, Inc. *(a)
46,158
180,939
Supernus Pharmaceuticals, Inc. *
23,188
641,844
SECURITY
NUMBER
OF SHARES
VALUE ($)
Sutro Biopharma, Inc. *
23,381
101,474
Syndax Pharmaceuticals, Inc. *
33,896
694,529
Syros Pharmaceuticals, Inc. *
4,670
33,344
Talphera Inc *
6,381
6,636
Tango Therapeutics, Inc. *
18,079
212,428
Tarsus Pharmaceuticals, Inc. *
14,660
399,338
Taysha Gene Therapies, Inc. *
16,140
24,533
Tenaya Therapeutics, Inc. *
14,896
62,638
Terns Pharmaceuticals, Inc. *
16,643
86,211
TG Therapeutics, Inc. *
60,796
987,327
TherapeuticsMD, Inc. *
7,060
15,956
Theravance Biopharma, Inc. *
21,449
203,337
Theriva Biologics, Inc. *
13,566
6,783
Thermo Fisher Scientific, Inc.
172,987
93,236,533
Theseus Pharmaceuticals, Inc. *
9,940
40,356
Third Harmonic Bio, Inc. *(a)
5,232
45,361
Tourmaline Bio, Inc.
6,869
229,356
Travere Therapeutics, Inc. *
29,285
261,515
Trevi Therapeutics, Inc. *
12,557
17,831
TScan Therapeutics, Inc. *
22,104
112,951
Twist Bioscience Corp. *
25,495
826,038
Tyra Biosciences, Inc. *
6,880
92,192
Ultragenyx Pharmaceutical, Inc. *
37,627
1,659,727
uniQure NV *
18,083
100,541
United Therapeutics Corp. *
20,890
4,486,754
UNITY Biotechnology, Inc. *
4,595
7,949
Vanda Pharmaceuticals, Inc. *
24,287
87,433
Vaxart, Inc. *
153,547
181,185
Vaxcyte, Inc. *
39,128
2,794,522
Vaxxinity, Inc., Class A *
22,917
16,271
Vera Therapeutics, Inc., Class A *
19,962
727,016
Veracyte, Inc. *
34,001
850,705
Verastem, Inc. *
7,159
84,118
Vericel Corp. *
20,027
860,760
Verrica Pharmaceuticals, Inc. *(a)
7,637
43,149
Vertex Pharmaceuticals, Inc. *
115,370
49,999,051
Verve Therapeutics, Inc. *
18,886
204,347
Viatris, Inc.
536,223
6,311,345
Vigil Neuroscience, Inc. *
5,235
14,239
Viking Therapeutics, Inc. *
44,820
1,081,955
Vir Biotechnology, Inc. *
41,660
391,604
Viridian Therapeutics, Inc. *
23,657
455,397
Vistagen Therapeutics, Inc. *
23,302
111,384
Vor BioPharma, Inc. *
17,792
40,922
Voyager Therapeutics, Inc. *
12,446
90,482
Waters Corp. *
26,567
8,440,602
WaVe Life Sciences Ltd. *
29,975
129,492
Werewolf Therapeutics, Inc. *
6,982
32,327
West Pharmaceutical Services, Inc.
33,069
12,335,729
X4 Pharmaceuticals, Inc. *
42,386
33,120
XBiotech, Inc. *
10,477
48,089
Xencor, Inc. *
25,852
483,432
Xeris Biopharma Holdings, Inc. *
60,840
149,666
Xilio Therapeutics, Inc. *
11,925
7,751
XOMA Corp. *
2,843
56,775
Y-mAbs Therapeutics, Inc. *
14,556
186,171
Zentalis Pharmaceuticals, Inc. *
24,484
290,135
Zevra Therapeutics, Inc. *
11,139
64,495
Zoetis, Inc.
205,621
38,617,680
Zura Bio Ltd., Class A *
5,513
15,712
 
1,555,182,830
 
Real Estate Management & Development 0.2%
Altisource Portfolio Solutions SA *
9,415
27,398
AMREP Corp. *
2,361
48,117
Anywhere Real Estate, Inc. *
48,041
342,052
CBRE Group, Inc., Class A *
137,040
11,827,922
Compass, Inc., Class A *
148,596
511,170
  55

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
CoStar Group, Inc. *
182,409
15,227,503
Cushman & Wakefield PLC *
70,899
745,858
DigitalBridge Group, Inc.
63,571
1,248,534
Doma Holdings, Inc. *
1,501
6,229
Douglas Elliman, Inc.
28,072
60,636
eXp World Holdings, Inc.
38,506
476,704
Fathom Holdings, Inc. *
2,686
6,446
Forestar Group, Inc. *
9,724
303,972
FRP Holdings, Inc. *
2,978
173,022
Howard Hughes Holdings, Inc. *
14,474
1,159,078
InterGroup Corp. *
1,138
27,267
Jones Lang LaSalle, Inc. *
21,132
3,741,632
Kennedy-Wilson Holdings, Inc.
52,161
545,083
Marcus & Millichap, Inc.
11,056
421,123
Maui Land & Pineapple Co., Inc. *
3,498
69,260
Newmark Group, Inc., Class A
53,804
546,111
Offerpad Solutions, Inc. *(a)
8,794
81,960
Opendoor Technologies, Inc. *
251,531
860,236
Rafael Holdings, Inc., Class B *
1,046
1,893
RE/MAX Holdings, Inc., Class A
6,967
74,756
Redfin Corp. *
46,168
376,731
RMR Group, Inc., Class A
6,145
160,323
Seritage Growth Properties, Class A *
16,651
152,357
St. Joe Co.
15,558
858,802
Star Holdings *
6,000
69,540
Stratus Properties, Inc. *
3,398
78,154
Tejon Ranch Co. *
11,108
175,284
Zillow Group, Inc., Class C *
94,624
5,378,428
 
45,783,581
 
Semiconductors & Semiconductor Equipment 7.9%
ACM Research, Inc., Class A *
22,189
382,095
Advanced Micro Devices, Inc. *
723,370
121,301,915
Aehr Test Systems *
11,116
165,073
Allegro MicroSystems, Inc. *
33,142
859,703
Alpha & Omega Semiconductor Ltd. *
9,994
256,446
Ambarella, Inc. *
16,219
852,471
Amkor Technology, Inc.
45,775
1,449,237
Amtech Systems, Inc. *
6,347
25,896
Analog Devices, Inc.
223,106
42,916,670
Applied Materials, Inc.
374,534
61,535,936
Atomera, Inc. *(a)
12,488
98,156
Axcelis Technologies, Inc. *
14,904
1,938,265
AXT, Inc. *
15,887
39,082
Broadcom, Inc.
196,524
231,898,320
CEVA, Inc. *
10,247
196,742
Cirrus Logic, Inc. *
23,648
1,825,626
Cohu, Inc. *
20,047
638,697
Credo Technology Group Holding
Ltd. *
55,656
1,141,505
CVD Equipment Corp. *
3,009
14,955
Diodes, Inc. *
20,897
1,406,786
Enphase Energy, Inc. *
60,998
6,351,722
Entegris, Inc.
67,537
7,949,105
Everspin Technologies, Inc. *
8,698
74,281
First Solar, Inc. *
47,611
6,965,489
FormFactor, Inc. *
35,591
1,379,863
GSI Technology, Inc. *
8,052
15,943
Ichor Holdings Ltd. *
12,049
436,174
Impinj, Inc. *
10,626
1,030,510
indie Semiconductor, Inc., Class A *
56,060
340,284
Intel Corp.
1,887,591
81,317,420
inTEST Corp. *
4,591
54,771
KLA Corp.
60,885
36,168,125
Kopin Corp. *
40,189
71,938
Kulicke & Soffa Industries, Inc.
25,768
1,296,646
Lam Research Corp.
59,006
48,689,981
Lattice Semiconductor Corp. *
61,553
3,746,116
SECURITY
NUMBER
OF SHARES
VALUE ($)
MACOM Technology Solutions
Holdings, Inc. *
24,206
2,087,283
Marvell Technology, Inc.
385,589
26,104,375
MaxLinear, Inc. *
36,453
758,951
Meta Materials Inc *
3,939
15,045
Microchip Technology, Inc.
242,794
20,681,193
Micron Technology, Inc.
491,613
42,155,815
MKS Instruments, Inc.
28,534
3,037,444
Monolithic Power Systems, Inc.
21,389
12,891,578
Navitas Semiconductor Corp.,
Class A *
53,865
308,646
NVE Corp.
1,890
151,181
NVIDIA Corp.
1,105,870
680,408,635
NXP Semiconductors NV
115,406
24,301,041
ON Semiconductor Corp. *
192,615
13,700,705
Onto Innovation, Inc. *
21,746
3,511,979
PDF Solutions, Inc. *
12,456
388,627
Photronics, Inc. *
27,001
788,969
Pixelworks, Inc. *
21,959
38,867
Power Integrations, Inc.
25,765
1,931,344
Qorvo, Inc. *
44,053
4,393,846
QUALCOMM, Inc.
498,313
74,004,464
QuickLogic Corp. *
7,578
86,162
Rambus, Inc. *
48,235
3,305,545
Rigetti Computing, Inc. *
30,086
37,307
Semtech Corp. *
32,037
635,614
Silicon Laboratories, Inc. *
14,608
1,802,043
SiTime Corp. *
7,254
773,059
SkyWater Technology, Inc. *
2,749
23,751
Skyworks Solutions, Inc.
71,609
7,480,276
SMART Global Holdings, Inc. *
21,681
426,032
SolarEdge Technologies, Inc. *
25,758
1,712,907
Synaptics, Inc. *
17,731
1,893,848
Teradyne, Inc.
68,185
6,585,989
Texas Instruments, Inc.
406,622
65,108,315
Transphorm, Inc. *
11,592
56,105
Trio-Tech International *
2,059
10,316
Ultra Clean Holdings, Inc. *
21,314
814,195
Universal Display Corp.
19,339
3,283,182
Veeco Instruments, Inc. *
24,931
794,800
Wolfspeed, Inc. *
56,169
1,828,301
 
1,673,149,679
 
Software & Services 12.5%
8x8, Inc. *
46,219
155,296
A10 Networks, Inc.
35,602
475,999
Accenture PLC, Class A
280,995
102,248,461
ACI Worldwide, Inc. *
50,004
1,503,620
Adeia, Inc.
47,028
570,920
Adobe, Inc. *
203,847
125,932,600
Agilysys, Inc. *
8,573
717,646
Akamai Technologies, Inc. *
67,589
8,328,992
Alarm.com Holdings, Inc. *
22,683
1,379,580
Alkami Technology, Inc. *
15,859
390,449
Altair Engineering, Inc., Class A *
24,227
2,059,780
Alteryx, Inc., Class A *
29,431
1,396,795
American Software, Inc., Class A
13,798
156,331
Amplitude, Inc., Class A *
38,091
493,659
ANSYS, Inc. *
38,966
12,774,224
Appfolio, Inc., Class A *
9,364
2,053,151
Appian Corp., Class A *
17,792
580,553
Applied Digital Corp. *(a)
28,011
143,977
AppLovin Corp., Class A *
57,677
2,372,255
Arteris, Inc. *
9,920
61,405
Asana, Inc., Class A *
34,549
601,844
Aspen Technology, Inc. *
12,573
2,413,890
Atlassian Corp., Class A *
69,499
17,358,765
AudioEye, Inc. *
4,308
22,617
56  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Aurora Innovation, Inc. *
362,784
1,084,724
Autodesk, Inc. *
95,849
24,327,435
AvePoint, Inc. *
39,999
307,992
Backblaze, Inc., Class A *
18,678
153,160
Bentley Systems, Inc., Class B
102,478
5,164,891
BigBear.ai Holdings, Inc. *(a)
49,665
80,457
BigCommerce Holdings, Inc. *
27,578
225,588
Bill Holdings, Inc. *
43,753
3,414,922
Blackbaud, Inc. *
19,607
1,586,598
BlackLine, Inc. *
22,134
1,298,823
Blend Labs, Inc., Class A *
73,956
201,900
Box, Inc., Class A *
65,647
1,705,509
Braze, Inc., Class A *
22,708
1,227,367
Brightcove, Inc. *
15,409
35,287
C3.ai, Inc., Class A *(a)
40,940
1,014,493
Cadence Design Systems, Inc. *
121,911
35,166,447
Castellum, Inc. *
34,318
10,158
CCC Intelligent Solutions Holdings,
Inc. *
110,935
1,219,176
Cerence, Inc. *
17,854
357,437
Cipher Mining, Inc. *(a)
16,000
48,640
Cleanspark, Inc. *
73,985
595,579
Clear Secure, Inc., Class A
40,011
761,409
Clearwater Analytics Holdings, Inc.,
Class A *
56,204
1,059,445
Cloudflare, Inc., Class A *
132,331
10,460,766
Cognizant Technology Solutions
Corp., Class A
224,973
17,349,918
CommVault Systems, Inc. *
19,014
1,743,204
Confluent, Inc., Class A *
98,083
2,193,136
Consensus Cloud Solutions, Inc. *
7,116
154,702
CoreCard Corp. *
2,218
26,838
Couchbase, Inc. *
15,315
382,875
Crowdstrike Holdings, Inc., Class A *
101,210
29,603,925
CS Disco, Inc. *
8,360
68,385
CSP, Inc.
2,909
69,525
Datadog, Inc., Class A *
135,381
16,846,812
Dave, Inc. *
5,855
101,350
DecisionPoint Systems, Inc. *
4,188
27,557
Digimarc Corp. *
5,752
203,736
Digital Turbine, Inc. *
39,598
213,433
DigitalOcean Holdings, Inc. *
24,086
812,180
DocuSign, Inc., Class A *
90,709
5,525,992
Dolby Laboratories, Inc., Class A
26,426
2,198,115
Domo, Inc., Class B *
14,774
160,593
DoubleVerify Holdings, Inc. *
63,042
2,522,310
Dropbox, Inc., Class A *
115,530
3,659,990
D-Wave Quantum, Inc. *
23,310
19,704
DXC Technology Co. *
84,840
1,849,512
Dynatrace, Inc. *
107,139
6,106,923
E2open Parent Holdings, Inc. *
73,998
278,232
Edgio, Inc. *
117,132
30,478
eGain Corp. *
7,634
57,255
Elastic NV *
35,841
4,195,547
Enfusion, Inc., Class A *
18,455
145,795
Envestnet, Inc. *
23,500
1,200,850
EPAM Systems, Inc. *
25,645
7,132,131
Everbridge, Inc. *
16,799
375,626
EverCommerce, Inc. *
12,868
125,334
Fair Isaac Corp. *
11,060
13,259,060
Fastly, Inc., Class A *
55,767
1,122,032
Five9, Inc. *
32,050
2,431,313
Fortinet, Inc. *
285,476
18,410,347
Freshworks, Inc., Class A *
76,129
1,690,064
Gartner, Inc. *
34,798
15,917,997
Gen Digital, Inc.
253,635
5,955,350
Gitlab, Inc., Class A *
38,559
2,741,930
Glimpse Group, Inc. *
1,370
1,576
GoDaddy, Inc., Class A *
63,159
6,736,539
SECURITY
NUMBER
OF SHARES
VALUE ($)
Grid Dynamics Holdings, Inc. *
23,721
309,559
Guidewire Software, Inc. *
36,824
4,112,504
Hackett Group, Inc.
9,720
224,726
HashiCorp, Inc., Class A *
50,734
1,109,045
HubSpot, Inc. *
22,518
13,758,498
Informatica, Inc., Class A *
19,115
573,450
Information Services Group, Inc.
16,112
71,215
Instructure Holdings, Inc. *
7,509
184,947
Intapp, Inc. *
13,255
571,025
Intellicheck, Inc. *
12,962
22,165
InterDigital, Inc.
11,325
1,189,691
International Business Machines
Corp.
408,822
75,084,249
Intuit, Inc.
125,478
79,218,026
Issuer Direct Corp. *
1,318
19,968
Jamf Holding Corp. *
24,817
460,107
Kaltura, Inc. *
33,164
55,716
Klaviyo, Inc., Class A *(a)
12,810
331,138
Kyndryl Holdings, Inc. *
99,687
2,045,577
LivePerson, Inc. *
34,901
97,723
LiveRamp Holdings, Inc. *
30,335
1,197,626
Manhattan Associates, Inc. *
27,681
6,714,303
Marathon Digital Holdings, Inc. *
99,987
1,772,770
MariaDB PLC *
13,835
2,409
Matterport, Inc. *
104,115
234,259
MeridianLink, Inc. *
8,842
201,156
Microsoft Corp.
3,327,578
1,322,978,461
MicroStrategy, Inc., Class A *
5,570
2,791,740
Mitek Systems, Inc. *
18,641
234,877
Model N, Inc. *
14,577
392,850
MongoDB, Inc., Class A *
31,870
12,764,572
N-able, Inc. *
29,867
387,674
nCino, Inc. *
26,902
846,875
NCR Voyix Corp. *
57,071
838,944
NextNav, Inc. *(a)
23,511
97,806
Nutanix, Inc., Class A *
108,130
6,076,906
Okta, Inc. *
70,378
5,816,742
Olo, Inc., Class A *
44,208
228,555
OMNIQ Corp. *
3,906
2,223
ON24, Inc.
17,135
131,083
OneSpan, Inc. *
14,940
153,284
Oracle Corp.
711,356
79,458,465
PagerDuty, Inc. *
40,603
961,479
Palantir Technologies, Inc., Class A *
864,368
13,907,681
Palo Alto Networks, Inc. *
139,159
47,106,713
Pegasystems, Inc.
19,925
971,144
Perficient, Inc. *
16,274
1,108,748
Porch Group, Inc. *
33,000
77,550
PowerSchool Holdings, Inc.,
Class A *
25,358
596,927
Procore Technologies, Inc. *
40,101
2,862,810
Progress Software Corp.
20,511
1,165,230
PROS Holdings, Inc. *
18,413
633,775
PTC, Inc. *
53,338
9,635,510
Q2 Holdings, Inc. *
25,051
1,065,920
Qualys, Inc. *
16,495
3,120,359
Quantum Computing, Inc. *
10,216
8,286
Rackspace Technology, Inc. *
28,860
48,485
Rapid7, Inc. *
27,867
1,533,521
Red Violet, Inc. *
5,306
99,116
Rekor Systems, Inc. *
22,007
69,322
ReposiTrak, Inc. (a)
6,299
76,407
Research Solutions, Inc. *
18,069
47,160
Rimini Street, Inc. *
21,843
71,645
RingCentral, Inc., Class A *
37,195
1,260,539
Riot Platforms, Inc. *
92,769
1,011,182
Roper Technologies, Inc.
47,903
25,723,911
Salesforce, Inc. *
435,632
122,451,799
Samsara, Inc., Class A *
72,424
2,274,114
  57

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SecureWorks Corp., Class A *
5,067
34,912
SEMrush Holdings, Inc., Class A *
17,212
198,626
SentinelOne, Inc., Class A *
110,215
2,953,762
ServiceNow, Inc. *
91,783
70,250,708
Smartsheet, Inc., Class A *
61,516
2,766,375
Smith Micro Software, Inc. *
24,721
21,532
Snowflake, Inc., Class A *
147,614
28,879,203
SolarWinds Corp. *
20,785
245,679
SoundHound AI, Inc., Class A *(a)
100,991
167,645
SoundThinking, Inc. *
3,910
80,702
Splunk, Inc. *
69,262
10,622,713
Sprinklr, Inc., Class A *
46,111
575,465
Sprout Social, Inc., Class A *
22,530
1,381,765
SPS Commerce, Inc. *
16,126
2,963,959
Squarespace, Inc., Class A *
24,349
754,819
SRAX, Inc. *(b)
9,789
27
Synopsys, Inc. *
68,124
36,333,935
Telos Corp. *
25,409
102,652
Tenable Holdings, Inc. *
51,702
2,435,164
Teradata Corp. *
44,613
2,060,228
Terawulf, Inc. *(a)
50,627
84,547
Thoughtworks Holding, Inc. *
49,108
229,825
Tucows, Inc., Class A *
4,136
95,624
Twilio, Inc., Class A *
80,179
5,638,989
Tyler Technologies, Inc. *
18,725
7,915,994
UiPath, Inc., Class A *
180,815
4,155,129
Unisys Corp. *
28,890
194,719
Unity Software, Inc. *
108,279
3,508,240
Upland Software, Inc. *
22,775
94,516
Varonis Systems, Inc., Class B *
49,694
2,230,267
Verint Systems, Inc. *
27,662
821,285
VeriSign, Inc. *
39,380
7,831,894
Vertex, Inc., Class A *
20,655
501,090
Viant Technology, Inc., Class A *
10,390
89,042
Weave Communications, Inc. *
12,631
158,393
WM Technology, Inc. *
40,927
33,192
Workday, Inc., Class A *
92,678
26,975,785
Workiva, Inc., Class A *
20,752
1,928,691
Xperi, Inc. *
20,285
216,644
Yext, Inc. *
46,726
277,085
Zeta Global Holdings Corp., Class A *
65,475
633,798
Zoom Video Communications, Inc.,
Class A *
113,081
7,306,163
Zscaler, Inc. *
39,602
9,333,003
Zuora, Inc., Class A *
53,921
492,838
 
2,653,578,049
 
Technology Hardware & Equipment 7.6%
908 Devices, Inc. *
8,267
58,530
ADTRAN Holdings, Inc.
33,081
207,252
Advanced Energy Industries, Inc.
17,189
1,790,750
AEye, Inc. *
2,266
2,900
Airgain, Inc. *
7,096
29,448
Amphenol Corp., Class A
268,155
27,110,470
Apple, Inc.
6,545,493
1,206,988,909
Applied Optoelectronics, Inc. *
18,315
288,095
Arista Networks, Inc. *
112,822
29,184,795
Arlo Technologies, Inc. *
40,417
358,903
Arrow Electronics, Inc. *
24,597
2,733,957
AstroNova, Inc. *
4,083
71,983
Aviat Networks, Inc. *
4,936
147,241
Avnet, Inc.
41,153
1,864,231
Badger Meter, Inc.
13,065
1,881,229
Bel Fuse, Inc., Class A
1,180
83,933
Bel Fuse, Inc., Class B
4,185
279,809
Belden, Inc.
18,105
1,343,029
Benchmark Electronics, Inc.
14,875
403,410
Boxlight Corp., Class A *
5,871
5,108
SECURITY
NUMBER
OF SHARES
VALUE ($)
Calix, Inc. *
27,533
913,545
CDW Corp.
60,218
13,652,625
Ciena Corp. *
66,154
3,506,162
Cisco Systems, Inc.
1,813,512
91,002,032
Clearfield, Inc. *
5,453
137,361
Climb Global Solutions, Inc.
1,603
88,518
Coda Octopus Group, Inc. *
1,343
7,091
Cognex Corp.
75,897
2,742,918
Coherent Corp. *
59,125
2,810,803
CommScope Holding Co., Inc. *
94,667
219,627
CompoSecure, Inc. *
5,277
26,596
Comtech Telecommunications
Corp. *
11,741
74,321
Corning, Inc.
344,948
11,207,361
Corsair Gaming, Inc. *
17,044
216,970
CPI Card Group, Inc. *
1,805
32,941
Crane NXT Co.
20,920
1,219,218
CTS Corp.
13,417
550,902
Daktronics, Inc. *
15,645
118,589
Dell Technologies, Inc., Class C
113,464
9,403,896
Diebold Nixdorf, Inc. *
17,287
525,525
Digi International, Inc. *
17,947
436,292
Eastman Kodak Co. *
29,007
100,074
ePlus, Inc. *
12,538
947,121
Evolv Technologies Holdings, Inc. *
31,854
139,202
Extreme Networks, Inc. *
61,060
824,921
F5, Inc. *
26,544
4,876,133
Fabrinet *
16,202
3,459,289
FARO Technologies, Inc. *
8,279
187,437
Focus Universal, Inc. *
10,500
15,960
Frequency Electronics, Inc. *
4,719
48,228
Genasys, Inc. *
20,918
32,841
Harmonic, Inc. *
48,599
568,608
Hewlett Packard Enterprise Co.
573,885
8,774,702
HP, Inc.
391,611
11,243,152
Identiv, Inc. *
8,288
64,812
Immersion Corp.
13,101
89,480
Infinera Corp. *
103,973
513,627
Inseego Corp *
4,205
9,210
Insight Enterprises, Inc. *
12,174
2,249,025
Intevac, Inc. *
11,887
49,093
IonQ, Inc. *(a)
74,268
762,732
IPG Photonics Corp. *
13,349
1,306,734
Iteris, Inc. *
21,639
104,300
Itron, Inc. *
20,969
1,512,704
Jabil, Inc.
57,235
7,170,973
Juniper Networks, Inc.
141,821
5,241,704
Key Tronic Corp. *
4,943
21,057
Keysight Technologies, Inc. *
79,838
12,235,972
Kimball Electronics, Inc. *
10,963
260,700
Knowles Corp. *
40,205
655,744
KVH Industries, Inc. *
5,414
26,366
Lantronix, Inc. *
11,128
67,658
LightPath Technologies, Inc.,
Class A *
24,173
33,117
Lightwave Logic, Inc. *(a)
49,166
211,905
Littelfuse, Inc.
11,080
2,680,252
Lumentum Holdings, Inc. *
29,766
1,635,344
Luna Innovations, Inc. *
15,596
111,823
Methode Electronics, Inc.
15,172
314,971
MicroVision, Inc. *(a)
76,762
182,694
Mirion Technologies, Inc., Class A *
82,287
777,612
Motorola Solutions, Inc.
74,229
23,716,166
Movano, Inc. *
16,747
10,316
Movella Holdings, Inc. *
14,710
5,193
M-Tron Industries, Inc. *
2,643
80,426
Napco Security Technologies, Inc.
12,442
432,360
Neonode, Inc. *
4,440
7,592
NetApp, Inc.
93,570
8,159,304
58  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
NETGEAR, Inc. *
13,065
185,523
NetScout Systems, Inc. *
32,036
689,094
nLight, Inc. *
20,404
264,844
Novanta, Inc. *
15,969
2,468,009
One Stop Systems, Inc. *
12,911
26,984
OSI Systems, Inc. *
7,329
938,332
Ouster, Inc. *(a)
11,961
62,436
PAR Technology Corp. *
12,016
547,209
PC Connection, Inc.
4,459
287,650
Plexus Corp. *
12,143
1,150,185
Powerfleet, Inc. *
11,361
36,355
Presto Automation, Inc. *
1,038
227
Pure Storage, Inc., Class A *
130,511
5,219,135
Red Cat Holdings, Inc. *
18,398
12,336
Research Frontiers, Inc. *
21,870
22,307
RF Industries Ltd. *
7,044
21,696
Ribbon Communications, Inc. *
38,255
116,295
Richardson Electronics Ltd.
5,554
54,651
Rogers Corp. *
7,252
835,938
Sanmina Corp. *
24,694
1,477,195
ScanSource, Inc. *
10,228
401,551
Seagate Technology Holdings PLC
87,775
7,520,562
SmartRent, Inc. *
88,649
261,515
Sono-Tek Corp. *
2,719
15,036
Super Micro Computer, Inc. *
20,813
11,022,773
TD SYNNEX Corp.
25,712
2,570,686
TE Connectivity Ltd.
139,417
19,823,703
Teledyne Technologies, Inc. *
21,166
8,857,336
TransAct Technologies, Inc. *
3,397
26,021
Trimble, Inc. *
111,022
5,646,579
TTM Technologies, Inc. *
50,171
697,879
Turtle Beach Corp. *
6,086
69,198
Ubiquiti, Inc.
1,828
229,853
Viasat, Inc. *
32,706
727,054
Viavi Solutions, Inc. *
96,616
949,735
Vishay Intertechnology, Inc.
59,167
1,285,699
Vishay Precision Group, Inc. *
5,394
171,961
Vontier Corp.
69,566
2,406,288
Vuzix Corp. *(a)
26,677
44,551
Western Digital Corp. *
145,804
8,347,279
Wrap Technologies, Inc. *(a)
21,515
81,542
Xerox Holdings Corp.
48,642
897,931
Zebra Technologies Corp., Class A *
22,948
5,497,193
 
1,607,614,235
 
Telecommunication Services 0.9%
Anterix, Inc. *
8,567
255,468
AST SpaceMobile, Inc., Class A *
49,621
142,412
AT&T, Inc.
3,201,213
56,629,458
ATN International, Inc.
5,256
193,946
Bandwidth, Inc., Class A *
15,306
211,835
Cogent Communications Holdings,
Inc.
18,826
1,453,367
Consolidated Communications
Holdings, Inc. *
28,849
125,205
EchoStar Corp., Class A *
53,476
716,044
Frontier Communications Parent,
Inc. *
99,705
2,455,734
GCI Liberty, Inc. *(b)
35,715
0
Globalstar, Inc. *
306,760
487,748
Gogo, Inc. *
27,853
246,499
IDT Corp., Class B *
8,928
308,730
Iridium Communications, Inc.
54,138
1,963,044
Liberty Global Ltd., Class C *
160,000
3,350,400
Liberty Latin America Ltd., Class C *
78,742
560,643
Lumen Technologies, Inc. *
466,434
569,050
NII Holdings, Inc. Escrow *(b)
28,127
16,876
Ooma, Inc. *
9,711
105,073
SECURITY
NUMBER
OF SHARES
VALUE ($)
Shenandoah Telecommunications
Co.
21,835
447,399
Spok Holdings, Inc.
9,849
163,100
SurgePays, Inc. *(a)
2,477
17,339
Telephone & Data Systems, Inc.
46,178
887,079
Tingo Group, Inc. *(a)(b)
61,490
10,607
T-Mobile U.S., Inc.
227,822
36,731,741
U.S. Cellular Corp. *
5,896
261,782
Verizon Communications, Inc.
1,882,264
79,713,881
 
188,024,460
 
Transportation 1.7%
Air Transport Services Group, Inc. *
23,833
369,173
Alaska Air Group, Inc. *
57,126
2,046,825
Allegiant Travel Co.
6,715
526,456
American Airlines Group, Inc. *
290,426
4,132,762
ArcBest Corp.
10,461
1,246,219
Avis Budget Group, Inc.
8,421
1,378,602
Blade Air Mobility, Inc. *
26,008
77,504
CH Robinson Worldwide, Inc.
52,132
4,383,780
Covenant Logistics Group, Inc.,
Class A
3,394
164,066
CSX Corp.
884,755
31,585,754
Daseke, Inc. *
19,052
155,083
Delta Air Lines, Inc.
287,986
11,271,772
Eagle Bulk Shipping, Inc.
3,810
210,045
Expeditors International of
Washington, Inc.
64,922
8,201,596
FedEx Corp.
103,561
24,988,234
Forward Air Corp.
12,561
556,829
Frontier Group Holdings, Inc. *
16,091
78,363
FTAI Infrastructure, Inc.
43,117
183,678
Genco Shipping & Trading Ltd.
21,083
369,796
GXO Logistics, Inc. *
52,892
2,876,267
Hawaiian Holdings, Inc. *
23,476
334,533
Heartland Express, Inc.
26,008
336,804
Hertz Global Holdings, Inc. *
58,859
491,473
Hub Group, Inc., Class A *
27,438
1,242,393
JB Hunt Transport Services, Inc.
36,624
7,360,692
JetBlue Airways Corp. *
143,460
761,773
Joby Aviation, Inc. *(a)
158,044
862,920
Kirby Corp. *
25,967
2,042,564
Knight-Swift Transportation
Holdings, Inc.
72,797
4,177,092
Landstar System, Inc.
16,229
3,111,424
Lyft, Inc., Class A *
157,186
1,963,253
Marten Transport Ltd.
24,450
452,325
Matson, Inc.
15,481
1,734,336
Mesa Air Group, Inc. *
12,880
11,739
Norfolk Southern Corp.
101,402
23,853,807
Old Dominion Freight Line, Inc.
40,124
15,689,286
PAM Transportation Services, Inc. *
3,071
63,600
Pangaea Logistics Solutions Ltd.
13,298
123,937
Radiant Logistics, Inc. *
16,850
103,459
RXO, Inc. *
54,429
1,132,123
Ryder System, Inc.
19,907
2,260,838
Saia, Inc. *
11,898
5,361,001
Schneider National, Inc., Class B
16,152
396,047
SkyWest, Inc. *
19,023
1,013,165
Southwest Airlines Co.
268,871
8,036,554
Spirit Airlines, Inc. (a)
47,850
300,977
Sun Country Airlines Holdings, Inc. *
20,591
280,244
Surf Air Mobility, Inc. *
48,023
57,147
TuSimple Holdings, Inc., Class A *
61,687
14,213
Uber Technologies, Inc. *
921,346
60,136,253
U-Haul Holding Co. *
4,034
267,293
U-Haul Holding Co. - Non Voting
43,245
2,762,058
Union Pacific Corp.
272,929
66,575,571
  59

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
United Airlines Holdings, Inc. *
146,414
6,058,611
United Parcel Service, Inc., Class B
323,817
45,949,632
Universal Logistics Holdings, Inc.
3,300
100,716
Werner Enterprises, Inc.
27,633
1,092,885
XPO, Inc. *
51,085
4,364,702
 
365,680,244
 
Utilities 2.2%
AES Corp.
299,060
4,988,321
ALLETE, Inc.
26,534
1,568,425
Alliant Energy Corp.
113,690
5,532,155
Altus Power, Inc., Class A *
33,848
182,441
Ameren Corp.
117,667
8,186,093
American Electric Power Co., Inc.
235,504
18,402,283
American States Water Co.
16,953
1,264,694
American Water Works Co., Inc.
87,287
10,825,334
Artesian Resources Corp., Class A
5,123
186,989
Atmos Energy Corp.
66,482
7,574,959
Avangrid, Inc.
29,923
909,061
Avista Corp.
35,541
1,208,749
Black Hills Corp.
30,477
1,577,489
Cadiz, Inc. *
22,878
61,999
California Water Service Group
26,419
1,195,988
CenterPoint Energy, Inc.
283,364
7,917,190
Chesapeake Utilities Corp.
9,422
954,260
Clearway Energy, Inc., Class C
49,671
1,204,025
CMS Energy Corp.
129,587
7,407,193
Consolidated Edison, Inc.
154,446
14,039,141
Consolidated Water Co. Ltd.
7,055
225,266
Constellation Energy Corp.
142,895
17,433,190
Dominion Energy, Inc.
374,873
17,139,194
DTE Energy Co.
92,634
9,765,476
Duke Energy Corp.
345,526
33,111,757
Edison International
171,723
11,587,868
Entergy Corp.
94,564
9,433,705
Essential Utilities, Inc.
111,005
3,980,639
Evergy, Inc.
102,259
5,191,689
Eversource Energy
155,735
8,443,952
Exelon Corp.
444,358
15,468,102
FirstEnergy Corp.
231,647
8,496,812
Genie Energy Ltd., Class B
9,550
177,725
Global Water Resources, Inc.
4,694
56,281
Hawaiian Electric Industries, Inc.
54,493
706,774
IDACORP, Inc.
22,760
2,107,121
MGE Energy, Inc.
15,717
1,013,589
Middlesex Water Co.
7,892
441,715
Montauk Renewables, Inc. *
25,936
179,218
National Fuel Gas Co.
40,811
1,924,647
New Jersey Resources Corp.
43,656
1,782,474
NextEra Energy, Inc.
918,592
53,857,049
NiSource, Inc.
184,081
4,780,584
Northwest Natural Holding Co.
17,565
647,446
Northwestern Energy Group, Inc.
27,838
1,339,565
NRG Energy, Inc.
101,223
5,368,868
OGE Energy Corp.
89,795
2,984,786
ONE Gas, Inc.
25,379
1,557,509
Ormat Technologies, Inc.
23,704
1,533,175
Otter Tail Corp.
19,170
1,733,351
PG&E Corp.
955,240
16,114,899
Pinnacle West Capital Corp.
51,371
3,539,462
PNM Resources, Inc.
37,120
1,344,858
Portland General Electric Co.
44,770
1,832,436
PPL Corp.
328,671
8,611,180
Public Service Enterprise Group, Inc.
223,841
12,980,540
Pure Cycle Corp. *
8,445
82,676
RGC Resources, Inc.
3,883
74,204
Sempra
280,943
20,104,281
SJW Group
12,159
723,947
SECURITY
NUMBER
OF SHARES
VALUE ($)
Southern Co.
489,015
33,996,323
Southwest Gas Holdings, Inc.
26,424
1,550,560
Spire, Inc.
24,005
1,362,764
Spruce Power Holding Corp. *
8,683
33,430
Sunnova Energy International, Inc. *
50,407
530,282
UGI Corp.
96,071
2,127,012
Unitil Corp.
7,063
335,634
Via Renewables, Inc., Class A
1,312
13,920
Vistra Corp.
150,845
6,189,170
WEC Energy Group, Inc.
140,610
11,355,664
Xcel Energy, Inc.
247,626
14,825,369
York Water Co.
6,196
222,312
 
455,607,239
Total Common Stocks
(Cost $10,441,719,627)
21,079,655,561
RIGHTS 0.0% OF NET ASSETS
 
Pharmaceuticals, Biotechnology & Life Sciences 0.0%
Aduro Biotech, Inc. CVR *(b)
5,747
15,055
Cartesian Therapeutics, Inc. CVR *(b)
59,796
10,763
Frequency Therapeutics, Inc. CVR
*(b)
23,364
15,888
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
Magenta Therapeutics, Inc. CVR *(b)
27,369
1,341
Miromatrix Medical, Inc. CVR *(b)
11,036
1,545
Pardes Biosciences, Inc. CVR *(b)
19,235
577
Satsuma Pharmaceuticals, Inc. CVR
*(b)
5,234
995
Sesen Bio CVR *(b)
67,895
0
Surface Oncology, Inc. CVR *(b)
44,721
4,200
Zynerba Pharmaceuticals, Inc. CVR
*(b)
37,596
7,297
 
62,189
Total Rights
(Cost $33,224)
62,189
 
 
 
SHORT-TERM INVESTMENTS 0.2% OF NET ASSETS
 
Money Market Funds 0.2%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (d)(e)
31,916,709
31,916,709
Total Short-Term Investments
(Cost $31,916,709)
31,916,709
Total Investments in Securities
(Cost $10,473,669,560)
21,111,634,459
60  

Schwab Total Stock Market Index Fund
Portfolio Holdings (Unaudited) continued
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long
Russell 2000 Index, e-mini,
expires 03/15/24
119
11,637,605
(189,029
)
S&P 500 Index, e-mini, expires
03/15/24
270
65,751,750
(332,106
)
 
(521,135
)
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$28,987,622.
(b)
Fair valued using significant unobservable inputs (see notes to portfolio
holdings 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 January 31, 2024:
SECURITY
VALUE AT
10/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
1/31/24
BALANCE
OF SHARES
HELD AT
1/31/24
DIVIDENDS
RECEIVED
COMMON STOCKS 0.2% OF NET ASSETS
 
Financial Services 0.2%
Charles Schwab Corp.
$33,371,014
$1,269,699
$
$
$6,949,847
$41,590,560
661,007
$160,314

The following is a summary of the inputs used to value the fund’s investments as of January 31, 2024 (see notes to portfolio holdings for additional information):
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 Stocks 1
$15,022,544,689
$
$
$15,022,544,689
Equity Real Estate Investment Trusts (REITs)
549,871,340
0
*
549,871,340
Health Care Equipment & Services
1,110,454,193
0
*
1,110,454,193
Pharmaceuticals, Biotechnology & Life Sciences
1,555,137,841
44,989
1,555,182,830
Software & Services
2,653,578,022
27
2,653,578,049
Telecommunication Services
187,996,977
27,483
*
188,024,460
Rights
Pharmaceuticals, Biotechnology & Life Sciences
62,189
*
62,189
Short-Term Investments 1
31,916,709
31,916,709
Liabilities
Futures Contracts 2
(521,135
)
(521,135
)
Total
$21,110,978,636
$—
$134,688
$21,111,113,324
*
Level 3 amount shown includes securities determined to have no value at January 31, 2024.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
  61

Schwab Capital Trust
Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings as of January 31, 2024 (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 2.1%
Tesla, Inc. *
207,839
38,926,166
 
Banks 0.1%
First Citizens BancShares, Inc., Class A
93
140,430
NU Holdings Ltd., Class A *
120,179
1,034,741
 
1,175,171
 
Capital Goods 2.8%
A O Smith Corp.
993
77,067
Advanced Drainage Systems, Inc.
5,107
666,055
Allegion PLC
6,081
753,375
Allison Transmission Holdings, Inc.
679
41,107
Armstrong World Industries, Inc.
924
91,670
Axon Enterprise, Inc. *
5,274
1,313,542
Boeing Co. *
5,650
1,192,376
BWX Technologies, Inc.
1,089
88,732
Caterpillar, Inc.
28,819
8,654,634
ChargePoint Holdings, Inc. *(a)
23,190
44,061
Deere & Co.
18,658
7,343,416
Donaldson Co., Inc.
3,538
228,519
EMCOR Group, Inc.
1,190
271,451
Fastenal Co.
32,281
2,202,533
Ferguson PLC
902
169,450
Graco, Inc.
5,076
432,983
HEICO Corp.
7,367
1,323,039
Honeywell International, Inc.
6,467
1,308,015
Hubbell, Inc., Class B
1,870
627,516
IDEX Corp.
452
95,598
Illinois Tool Works, Inc.
18,391
4,798,212
Lincoln Electric Holdings, Inc.
3,975
883,324
Lockheed Martin Corp.
16,699
7,170,718
Northrop Grumman Corp.
606
270,737
Otis Worldwide Corp.
1,826
161,491
Quanta Services, Inc.
2,845
552,072
Rockwell Automation, Inc.
8,639
2,188,086
SiteOne Landscape Supply, Inc. *
1,059
163,668
Spirit AeroSystems Holdings, Inc.,
Class A *
886
24,330
Toro Co.
7,776
719,124
Trane Technologies PLC
5,087
1,282,178
TransDigm Group, Inc.
681
744,115
Trex Co., Inc. *
8,083
658,603
United Rentals, Inc.
1,042
651,667
Valmont Industries, Inc.
94
21,217
Vertiv Holdings Co., Class A
1,887
106,295
Watsco, Inc.
610
238,498
WillScot Mobile Mini Holdings Corp. *
3,534
167,158
SECURITY
NUMBER
OF SHARES
VALUE ($)
WW Grainger, Inc.
3,327
2,979,794
Xylem, Inc.
2,070
232,751
 
50,939,177
 
Commercial & Professional Services 1.7%
Automatic Data Processing, Inc.
26,741
6,572,403
Booz Allen Hamilton Holding Corp.,
Class A
9,638
1,356,741
Broadridge Financial Solutions, Inc.
7,405
1,512,101
Ceridian HCM Holding, Inc. *
954
66,322
Cintas Corp.
5,817
3,516,784
Copart, Inc. *
64,822
3,114,049
Equifax, Inc.
6,326
1,545,695
FTI Consulting, Inc. *
473
90,632
Genpact Ltd.
3,260
117,034
KBR, Inc.
3,559
185,459
MSA Safety, Inc.
469
77,399
Paychex, Inc.
24,283
2,955,970
Paycom Software, Inc.
3,874
736,990
Paycor HCM, Inc. *
2,105
40,900
Paylocity Holding Corp. *
3,166
501,526
RB Global, Inc.
10,353
662,281
Rollins, Inc.
19,221
832,461
Tetra Tech, Inc.
673
106,455
Verisk Analytics, Inc., Class A
10,771
2,601,520
Waste Management, Inc.
27,589
5,121,346
 
31,714,068
 
Consumer Discretionary Distribution & Retail 9.1%
Amazon.com, Inc. *
677,910
105,211,632
AutoZone, Inc. *
1,108
3,060,440
Best Buy Co., Inc.
1,898
137,586
Burlington Stores, Inc. *
4,888
934,341
CarMax, Inc. *
608
43,277
Coupang, Inc., Class A *
82,929
1,161,006
Dick's Sporting Goods, Inc.
373
55,603
eBay, Inc.
2,706
111,135
Etsy, Inc. *
5,277
351,237
Five Below, Inc. *
4,108
737,222
Floor & Decor Holdings, Inc., Class A *
7,751
779,441
Home Depot, Inc.
75,363
26,600,124
Lowe's Cos., Inc.
31,885
6,786,403
Murphy USA, Inc.
1,396
492,118
Ollie's Bargain Outlet Holdings, Inc. *
1,487
106,960
O'Reilly Automotive, Inc. *
3,771
3,857,922
Pool Corp.
2,880
1,069,200
RH *
185
46,894
Ross Stores, Inc.
23,553
3,304,015
TJX Cos., Inc.
86,791
8,237,334
Tractor Supply Co.
8,271
1,857,667
Ulta Beauty, Inc. *
3,703
1,859,091
Valvoline, Inc. *
3,113
113,593
Victoria's Secret & Co. *
2,560
66,688
62  

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Wayfair, Inc., Class A *
2,178
109,445
Williams-Sonoma, Inc.
616
119,128
 
167,209,502
 
Consumer Durables & Apparel 0.6%
Birkenstock Holding PLC *(a)
709
32,891
Brunswick Corp.
393
31,707
Crocs, Inc. *
4,565
463,256
Deckers Outdoor Corp. *
1,982
1,493,893
Lululemon Athletica, Inc. *
8,381
3,803,465
NIKE, Inc., Class B
47,745
4,847,550
NVR, Inc. *
21
148,581
Peloton Interactive, Inc., Class A *
25,766
143,259
Polaris, Inc.
403
36,254
Skechers USA, Inc., Class A *
676
42,210
Tapestry, Inc.
1,094
42,436
Tempur Sealy International, Inc.
2,408
120,135
TopBuild Corp. *
147
54,262
YETI Holdings, Inc. *
6,510
286,245
 
11,546,144
 
Consumer Services 2.9%
Airbnb, Inc., Class A *
30,535
4,401,315
Booking Holdings, Inc. *
2,692
9,442,109
Bright Horizons Family Solutions, Inc. *
496
48,732
Caesars Entertainment, Inc. *
6,198
271,906
Cava Group, Inc. *
1,015
47,502
Chipotle Mexican Grill, Inc., Class A *
2,071
4,988,563
Choice Hotels International, Inc.
2,217
268,523
Churchill Downs, Inc.
5,471
661,827
Darden Restaurants, Inc.
4,214
685,112
Domino's Pizza, Inc.
2,623
1,117,975
DoorDash, Inc., Class A *
18,137
1,889,875
DraftKings, Inc., Class A *
31,487
1,229,567
Expedia Group, Inc. *
7,591
1,125,973
Grand Canyon Education, Inc. *
630
82,272
H&R Block, Inc.
7,066
330,971
Hilton Worldwide Holdings, Inc.
8,585
1,639,392
Las Vegas Sands Corp.
25,601
1,252,401
Marriott International, Inc., Class A
18,374
4,404,799
McDonald's Corp.
22,692
6,642,402
Norwegian Cruise Line Holdings Ltd. *
7,491
133,340
Planet Fitness, Inc., Class A *
3,016
204,364
Royal Caribbean Cruises Ltd. *
5,323
678,683
Service Corp. International
3,934
264,050
Starbucks Corp.
84,993
7,906,899
Texas Roadhouse, Inc., Class A
5,048
634,635
Travel & Leisure Co.
2,224
89,894
Vail Resorts, Inc.
255
56,610
Wendy's Co.
12,728
242,850
Wingstop, Inc.
2,263
636,152
Wyndham Hotels & Resorts, Inc.
396
30,860
Wynn Resorts Ltd.
436
41,172
Yum! Brands, Inc.
18,630
2,412,399
 
53,863,124
 
Consumer Staples Distribution & Retail 1.9%
Albertsons Cos., Inc., Class A
2,887
61,262
BJ's Wholesale Club Holdings, Inc. *
3,402
218,885
Casey's General Stores, Inc.
382
103,659
Costco Wholesale Corp.
33,389
23,201,348
Dollar General Corp.
16,490
2,177,834
Maplebear, Inc. *(a)
1,036
25,351
Performance Food Group Co. *
5,390
391,745
SECURITY
NUMBER
OF SHARES
VALUE ($)
Sysco Corp.
38,260
3,096,382
Target Corp.
34,582
4,809,665
 
34,086,131
 
Energy 0.5%
Antero Midstream Corp.
8,580
105,019
APA Corp.
20,753
650,191
Cheniere Energy, Inc.
18,061
2,961,823
Halliburton Co.
13,558
483,343
Hess Corp.
11,654
1,637,737
New Fortress Energy, Inc.
5,037
167,380
ONEOK, Inc.
2,361
161,138
Ovintiv, Inc.
8,518
361,334
Targa Resources Corp.
16,485
1,400,566
Texas Pacific Land Corp.
462
675,134
 
8,603,665
 
Equity Real Estate Investment Trusts (REITs) 0.8%
American Tower Corp.
35,059
6,859,293
Crown Castle, Inc.
3,365
364,261
Equinix, Inc.
3,536
2,934,067
Equity LifeStyle Properties, Inc.
4,339
293,707
Iron Mountain, Inc.
10,640
718,413
Lamar Advertising Co., Class A
5,163
540,463
Public Storage
6,867
1,944,666
SBA Communications Corp., Class A
779
174,387
Simon Property Group, Inc.
5,245
727,009
Sun Communities, Inc.
1,999
250,575
UDR, Inc.
1,178
42,431
 
14,849,272
 
Financial Services 5.6%
American Express Co.
14,334
2,877,407
Ameriprise Financial, Inc.
7,737
2,992,904
Apollo Global Management, Inc.
39,289
3,944,616
ARES Management Corp., Class A
12,238
1,486,672
Blackstone, Inc.
53,677
6,680,103
Block, Inc. *
15,092
981,131
Blue Owl Capital, Inc., Class A
4,829
75,043
Equitable Holdings, Inc.
25,698
840,068
Euronet Worldwide, Inc. *
1,717
171,099
FactSet Research Systems, Inc.
2,887
1,373,981
Fiserv, Inc. *
12,383
1,756,776
FleetCor Technologies, Inc. *
4,999
1,449,360
Houlihan Lokey, Inc., Class A
320
38,330
Jack Henry & Associates, Inc.
1,746
289,539
KKR & Co., Inc.
12,390
1,072,726
LPL Financial Holdings, Inc.
5,635
1,347,836
MarketAxess Holdings, Inc.
2,767
623,986
Mastercard, Inc., Class A
62,577
28,111,466
Moody's Corp.
10,921
4,281,469
Morningstar, Inc.
1,927
538,211
MSCI, Inc., Class A
2,911
1,742,583
PayPal Holdings, Inc. *
74,890
4,594,501
Rocket Cos., Inc., Class A *
3,691
45,436
S&P Global, Inc.
2,024
907,460
Shift4 Payments, Inc., Class A *
4,048
290,687
SLM Corp.
6,223
123,713
Toast, Inc., Class A *
26,365
468,506
TPG, Inc.
1,422
59,198
Tradeweb Markets, Inc., Class A
3,082
293,992
UWM Holdings Corp.
2,410
16,147
Visa, Inc., Class A
120,228
32,853,503
Western Union Co.
3,823
48,055
  63

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
WEX, Inc. *
1,434
293,095
XP, Inc., Class A
2,180
53,584
 
102,723,183
 
Food, Beverage & Tobacco 1.5%
Boston Beer Co., Inc., Class A *
663
231,566
Brown-Forman Corp., Class B
13,884
762,231
Celsius Holdings, Inc. *
10,758
536,824
Coca-Cola Co.
145,663
8,665,492
Constellation Brands, Inc., Class A
1,213
297,282
Freshpet, Inc. *
907
78,093
Hershey Co.
8,372
1,620,317
Lamb Weston Holdings, Inc.
10,222
1,047,142
Monster Beverage Corp. *
55,840
3,072,317
PepsiCo, Inc.
71,759
12,093,544
 
28,404,808
 
Health Care Equipment & Services 4.1%
Abbott Laboratories
8,142
921,267
agilon health, Inc. *
19,734
116,233
Align Technology, Inc. *
5,757
1,538,961
Cardinal Health, Inc.
9,479
1,035,012
Cencora, Inc.
12,200
2,838,696
Certara, Inc. *
3,459
55,898
Chemed Corp.
783
464,155
Cigna Group
1,638
492,956
DaVita, Inc. *
4,065
439,670
Dexcom, Inc. *
29,088
3,529,829
Doximity, Inc., Class A *
4,148
111,789
Edwards Lifesciences Corp. *
45,246
3,550,454
Elevance Health, Inc.
2,397
1,182,776
Encompass Health Corp.
407
28,913
GE HealthCare Technologies, Inc.
2,197
161,172
Globus Medical, Inc., Class A *
2,522
133,136
HCA Healthcare, Inc.
3,094
943,361
Humana, Inc.
4,059
1,534,546
IDEXX Laboratories, Inc. *
6,205
3,196,071
Inspire Medical Systems, Inc. *
2,159
455,268
Insulet Corp. *
5,182
989,088
Intuitive Surgical, Inc. *
26,322
9,955,507
Masimo Corp. *
3,248
418,797
McKesson Corp.
3,900
1,949,571
Molina Healthcare, Inc. *
2,400
855,456
Novocure Ltd. *
7,840
109,133
Penumbra, Inc. *
2,739
690,749
ResMed, Inc.
10,874
2,068,235
Shockwave Medical, Inc. *
2,728
617,210
Stryker Corp.
6,790
2,277,909
Tandem Diabetes Care, Inc. *
808
18,422
UnitedHealth Group, Inc.
58,895
30,138,927
Veeva Systems, Inc., Class A *
10,900
2,260,769
 
75,079,936
 
Household & Personal Products 0.7%
Church & Dwight Co., Inc.
16,443
1,641,833
Clorox Co.
9,266
1,345,886
Estee Lauder Cos., Inc., Class A
5,432
716,970
Kenvue, Inc.
44,962
933,411
Kimberly-Clark Corp.
23,846
2,884,651
Procter & Gamble Co.
33,421
5,251,776
 
12,774,527
 
Insurance 0.8%
Arch Capital Group Ltd. *
3,763
310,184
Arthur J Gallagher & Co.
892
207,087
SECURITY
NUMBER
OF SHARES
VALUE ($)
Brighthouse Financial, Inc. *
407
21,070
Brown & Brown, Inc.
6,913
536,172
Everest Group Ltd.
442
170,157
Kinsale Capital Group, Inc.
1,651
656,388
Lincoln National Corp.
1,436
39,418
Marsh & McLennan Cos., Inc.
29,944
5,804,345
Primerica, Inc.
1,689
395,496
Progressive Corp.
33,002
5,882,607
RenaissanceRe Holdings Ltd.
1,000
228,830
RLI Corp.
660
90,004
Ryan Specialty Holdings, Inc., Class A *
7,092
307,225
Willis Towers Watson PLC
955
235,217
 
14,884,200
 
Materials 0.7%
Ardagh Metal Packaging SA
9,111
33,620
Avery Dennison Corp.
1,956
390,124
Axalta Coating Systems Ltd. *
1,772
57,448
Eagle Materials, Inc.
1,717
388,523
Ecolab, Inc.
14,560
2,886,083
FMC Corp.
1,256
70,587
Ginkgo Bioworks Holdings, Inc. *
10,975
13,280
Graphic Packaging Holding Co.
12,122
309,232
Linde PLC
3,470
1,404,760
PPG Industries, Inc.
4,546
641,168
RPM International, Inc.
1,727
184,202
Scotts Miracle-Gro Co.
3,137
176,488
Sealed Air Corp.
5,926
204,743
Sherwin-Williams Co.
14,929
4,544,089
Southern Copper Corp.
6,390
524,619
Vulcan Materials Co.
2,199
496,996
 
12,325,962
 
Media & Entertainment 11.5%
Alphabet, Inc., Class A *
446,879
62,607,748
Alphabet, Inc., Class C *
377,342
53,507,096
Cable One, Inc.
34
18,664
Charter Communications, Inc., Class A *
7,578
2,809,240
Liberty Broadband Corp., Class C *
2,092
164,117
Live Nation Entertainment, Inc. *
2,728
242,383
Match Group, Inc. *
19,629
753,361
Meta Platforms, Inc., Class A *
166,698
65,035,558
Netflix, Inc. *
32,531
18,351,062
Nexstar Media Group, Inc., Class A
932
165,626
Pinterest, Inc., Class A *
44,317
1,660,558
Playtika Holding Corp. *
1,393
10,058
ROBLOX Corp., Class A *
35,013
1,358,855
Roku, Inc. *
1,174
103,382
Spotify Technology SA *
10,561
2,274,311
TKO Group Holdings, Inc.
4,559
381,543
Trade Desk, Inc., Class A *
33,300
2,278,719
ZoomInfo Technologies, Inc., Class A *
13,610
218,304
 
211,940,585
 
Pharmaceuticals, Biotechnology & Life Sciences 6.6%
10X Genomics, Inc., Class A *
6,996
291,523
AbbVie, Inc.
132,951
21,857,144
Agilent Technologies, Inc.
17,913
2,330,481
Alnylam Pharmaceuticals, Inc. *
7,526
1,301,321
Amgen, Inc.
27,364
8,599,411
Apellis Pharmaceuticals, Inc. *
7,517
475,751
BioMarin Pharmaceutical, Inc. *
1,635
144,011
Bio-Techne Corp.
11,160
784,771
Bruker Corp.
8,152
582,949
Eli Lilly & Co.
63,758
41,162,802
Exact Sciences Corp. *
4,629
302,737
64  

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Exelixis, Inc. *
17,567
382,258
ICON PLC, ADR *
899
234,522
Illumina, Inc. *
3,504
501,107
Incyte Corp. *
10,506
617,438
Ionis Pharmaceuticals, Inc. *
9,213
473,456
IQVIA Holdings, Inc. *
12,668
2,637,858
Jazz Pharmaceuticals PLC *
2,290
281,029
Karuna Therapeutics, Inc. *
2,371
743,119
Maravai LifeSciences Holdings, Inc.,
Class A *
5,354
31,053
Medpace Holdings, Inc. *
1,758
512,598
Merck & Co., Inc.
35,258
4,258,461
Mettler-Toledo International, Inc. *
1,638
1,960,997
Natera, Inc. *
8,080
532,795
Neurocrine Biosciences, Inc. *
7,177
1,003,129
Regeneron Pharmaceuticals, Inc. *
529
498,731
Repligen Corp. *
1,828
346,223
Roivant Sciences Ltd. *
24,808
248,080
Sarepta Therapeutics, Inc. *
6,765
804,967
Sotera Health Co. *
5,283
77,766
Thermo Fisher Scientific, Inc.
17,909
9,652,593
Ultragenyx Pharmaceutical, Inc. *
5,831
257,205
Vertex Pharmaceuticals, Inc. *
17,765
7,698,996
Waters Corp. *
4,403
1,398,877
West Pharmaceutical Services, Inc.
5,559
2,073,674
Zoetis, Inc.
34,858
6,546,681
 
121,606,514
 
Real Estate Management & Development 0.1%
CoStar Group, Inc. *
13,310
1,111,119
 
Semiconductors & Semiconductor Equipment 11.2%
Advanced Micro Devices, Inc. *
68,721
11,523,825
Allegro MicroSystems, Inc. *
5,708
148,066
Applied Materials, Inc.
53,233
8,746,182
Broadcom, Inc.
32,484
38,331,120
Enphase Energy, Inc. *
10,003
1,041,612
Entegris, Inc.
598
70,385
KLA Corp.
10,343
6,144,156
Lam Research Corp.
9,396
7,753,297
Lattice Semiconductor Corp. *
10,249
623,754
Microchip Technology, Inc.
29,038
2,473,457
Monolithic Power Systems, Inc.
3,465
2,088,425
NVIDIA Corp.
178,794
110,006,584
QUALCOMM, Inc.
73,312
10,887,565
Teradyne, Inc.
9,794
946,002
Texas Instruments, Inc.
27,975
4,479,357
Universal Display Corp.
1,598
271,292
 
205,535,079
 
Software & Services 21.0%
Accenture PLC, Class A
47,645
17,337,063
Adobe, Inc. *
34,522
21,327,001
Alteryx, Inc., Class A *
4,510
214,045
ANSYS, Inc. *
5,372
1,761,103
AppLovin Corp., Class A *
4,173
171,635
Atlassian Corp., Class A *
11,667
2,914,067
Autodesk, Inc. *
16,168
4,103,600
Bentley Systems, Inc., Class B
13,556
683,222
Cadence Design Systems, Inc. *
20,377
5,877,949
Cloudflare, Inc., Class A *
21,900
1,731,195
Confluent, Inc., Class A *
13,773
307,964
Crowdstrike Holdings, Inc., Class A *
16,055
4,696,087
Datadog, Inc., Class A *
20,565
2,559,109
DocuSign, Inc., Class A *
15,211
926,654
DoubleVerify Holdings, Inc. *
10,373
415,024
SECURITY
NUMBER
OF SHARES
VALUE ($)
Dropbox, Inc., Class A *
17,267
547,019
Dynatrace, Inc. *
18,412
1,049,484
Elastic NV *
5,962
697,912
EPAM Systems, Inc. *
4,184
1,163,612
Fair Isaac Corp. *
1,823
2,185,467
Five9, Inc. *
5,401
409,720
Fortinet, Inc. *
49,272
3,177,551
Gartner, Inc. *
5,785
2,646,290
Gen Digital, Inc.
6,675
156,729
Gitlab, Inc., Class A *
6,587
468,402
Globant SA *
3,101
731,247
GoDaddy, Inc., Class A *
6,656
709,929
HashiCorp, Inc., Class A *
5,209
113,869
HubSpot, Inc. *
3,456
2,111,616
Informatica, Inc., Class A *
276
8,280
Intuit, Inc.
20,579
12,992,140
Manhattan Associates, Inc. *
4,648
1,127,419
Microsoft Corp.
560,277
222,754,930
MongoDB, Inc., Class A *
5,039
2,018,220
nCino, Inc. *
546
17,188
Nutanix, Inc., Class A *
4,460
250,652
Okta, Inc. *
744
61,492
Oracle Corp.
47,829
5,342,499
Palantir Technologies, Inc., Class A *
143,239
2,304,715
Palo Alto Networks, Inc. *
22,718
7,690,270
Pegasystems, Inc.
3,283
160,013
Procore Technologies, Inc. *
5,971
426,270
PTC, Inc. *
4,498
812,564
RingCentral, Inc., Class A *
6,333
214,625
Salesforce, Inc. *
53,776
15,115,896
SentinelOne, Inc., Class A *
2,261
60,595
ServiceNow, Inc. *
15,349
11,748,125
Smartsheet, Inc., Class A *
9,751
438,502
Snowflake, Inc., Class A *
23,671
4,630,994
Splunk, Inc. *
11,726
1,798,417
Synopsys, Inc. *
11,445
6,104,191
Teradata Corp. *
7,580
350,044
Twilio, Inc., Class A *
2,038
143,333
Tyler Technologies, Inc. *
2,359
997,267
UiPath, Inc., Class A *
21,925
503,836
Unity Software, Inc. *
8,727
282,755
VeriSign, Inc. *
367
72,989
Workday, Inc., Class A *
15,121
4,401,269
Zscaler, Inc. *
6,689
1,576,397
 
385,600,452
 
Technology Hardware & Equipment 12.0%
Amphenol Corp., Class A
22,095
2,233,804
Apple, Inc.
1,110,095
204,701,518
Arista Networks, Inc. *
18,909
4,891,380
CDW Corp.
9,651
2,188,075
HP, Inc.
13,556
389,193
Jabil, Inc.
5,875
736,079
Keysight Technologies, Inc. *
3,362
515,260
Motorola Solutions, Inc.
11,463
3,662,428
NetApp, Inc.
6,460
563,312
Pure Storage, Inc., Class A *
16,928
676,951
Ubiquiti, Inc.
232
29,172
Vontier Corp.
4,076
140,989
Zebra Technologies Corp., Class A *
709
169,841
 
220,898,002
 
Telecommunication Services 0.0%
Iridium Communications, Inc.
8,346
302,626
 
  65

Schwab U.S. Large-Cap Growth Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Transportation 1.2%
American Airlines Group, Inc. *
18,344
261,035
Avis Budget Group, Inc.
502
82,182
CH Robinson Worldwide, Inc.
6,619
556,592
CSX Corp.
16,641
594,084
Delta Air Lines, Inc.
2,543
99,533
Expeditors International of Washington,
Inc.
1,506
190,253
JB Hunt Transport Services, Inc.
1,244
250,019
Landstar System, Inc.
2,108
404,146
Lyft, Inc., Class A *
25,858
322,966
Old Dominion Freight Line, Inc.
6,916
2,704,294
Saia, Inc. *
222
100,029
Uber Technologies, Inc. *
148,288
9,678,758
U-Haul Holding Co. *
474
31,407
U-Haul Holding Co. - Non Voting
2,841
181,455
Union Pacific Corp.
19,649
4,792,981
United Parcel Service, Inc., Class B
15,181
2,154,184
 
22,403,918
 
Utilities 0.0%
AES Corp.
30,153
502,952
Vistra Corp.
8,078
331,440
 
834,392
Total Common Stocks
(Cost $1,264,764,458)
1,829,337,723
INVESTMENT COMPANIES 0.1% OF NET ASSETS
 
Equity Funds 0.1%
iShares Russell 1000 Growth ETF
7,700
2,391,312
Total Investment Companies
(Cost $2,082,758)
2,391,312
SECURITY
NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.7% OF NET ASSETS
 
Money Market Funds 0.7%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (b)
11,943,264
11,943,264
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (b)(c)
81,470
81,470
 
12,024,734
Total Short-Term Investments
(Cost $12,024,734)
12,024,734
Total Investments in Securities
(Cost $1,278,871,950)
1,843,753,769
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 500 Index, e-mini, expires
03/15/24
26
6,331,650
(60,625
)
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$77,407.
(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

The following is a summary of the inputs used to value the fund’s investments as of January 31, 2024 (see notes to portfolio holdings for additional information):
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
$1,829,337,723
$
$
$1,829,337,723
Investment Companies1
2,391,312
2,391,312
Short-Term Investments1
12,024,734
12,024,734
Liabilities
Futures Contracts2
(60,625
)
(60,625
)
Total
$1,843,693,144
$—
$—
$1,843,693,144
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
66  

Schwab Capital Trust
Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings as of January 31, 2024 (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 0.8%
Aptiv PLC *
8,596
699,113
BorgWarner, Inc.
7,392
250,589
Ford Motor Co.
124,780
1,462,422
General Motors Co.
43,653
1,693,736
Gentex Corp.
7,434
246,288
Harley-Davidson, Inc.
4,057
131,650
Lear Corp.
1,830
243,207
Lucid Group, Inc. *(a)
24,342
82,276
Phinia, Inc.
1,530
46,267
QuantumScape Corp., Class A *
10,876
74,065
Rivian Automotive, Inc., Class A *
21,047
322,230
Thor Industries, Inc.
1,610
181,962
 
5,433,805
 
Banks 7.1%
Bank of America Corp.
219,276
7,457,577
Bank OZK
3,364
151,750
BOK Financial Corp.
886
74,282
Citigroup, Inc.
60,852
3,418,057
Citizens Financial Group, Inc.
14,762
482,717
Columbia Banking System, Inc.
6,556
132,169
Comerica, Inc.
4,165
218,996
Commerce Bancshares, Inc.
3,793
197,691
Cullen/Frost Bankers, Inc.
1,870
198,444
East West Bancorp, Inc.
4,456
324,441
Fifth Third Bancorp
21,559
738,180
First Citizens BancShares, Inc., Class A
307
463,570
First Hawaiian, Inc.
4,059
88,040
First Horizon Corp.
17,647
251,293
FNB Corp.
11,472
151,201
Huntington Bancshares, Inc.
45,673
581,417
JPMorgan Chase & Co.
91,864
16,017,407
KeyCorp
29,562
429,536
M&T Bank Corp.
5,257
725,992
New York Community Bancorp, Inc.
22,601
146,228
NU Holdings Ltd., Class A *
23,848
205,331
Pinnacle Financial Partners, Inc.
2,383
210,610
PNC Financial Services Group, Inc.
12,667
1,915,377
Popular, Inc.
2,226
190,212
Prosperity Bancshares, Inc.
2,748
175,625
Regions Financial Corp.
29,668
553,902
Synovus Financial Corp.
4,733
178,245
TFS Financial Corp.
1,682
22,404
Truist Financial Corp.
42,171
1,562,857
U.S. Bancorp
49,540
2,057,892
Webster Financial Corp.
5,411
267,736
Wells Fargo & Co.
116,784
5,860,221
Western Alliance Bancorp
3,427
219,191
SECURITY
NUMBER
OF SHARES
VALUE ($)
Wintrust Financial Corp.
1,921
186,299
Zions Bancorp NA
4,610
193,159
 
46,048,049
 
Capital Goods 10.0%
3M Co.
17,481
1,649,332
A O Smith Corp.
3,412
264,805
Acuity Brands, Inc.
990
235,778
AECOM
4,143
365,371
AGCO Corp.
2,033
248,697
Air Lease Corp., Class A
3,393
141,861
Allegion PLC
207
25,645
Allison Transmission Holdings, Inc.
2,545
154,074
AMETEK, Inc.
7,305
1,183,775
Armstrong World Industries, Inc.
996
98,813
AZEK Co., Inc., Class A *
4,154
160,178
Boeing Co. *
15,327
3,234,610
Builders FirstSource, Inc. *
3,903
678,068
BWX Technologies, Inc.
2,399
195,471
Carlisle Cos., Inc.
1,535
482,389
Carrier Global Corp.
26,479
1,448,666
Caterpillar, Inc.
4,057
1,218,358
CNH Industrial NV
31,052
372,624
Core & Main, Inc., Class A *
5,190
214,399
Crane Co.
1,515
188,027
Cummins, Inc.
4,506
1,078,286
Curtiss-Wright Corp.
1,206
268,419
Deere & Co.
547
215,288
Donaldson Co., Inc.
2,219
143,325
Dover Corp.
4,422
662,327
Eaton Corp. PLC
12,667
3,117,095
EMCOR Group, Inc.
959
218,758
Emerson Electric Co.
18,150
1,664,900
Esab Corp.
1,812
155,814
Fastenal Co.
4,552
310,583
Ferguson PLC
6,144
1,154,212
Flowserve Corp.
4,269
170,461
Fortive Corp.
11,234
878,274
Fortune Brands Innovations, Inc.
4,088
317,188
Gates Industrial Corp. PLC *
3,448
44,410
Generac Holdings, Inc. *
1,928
219,156
General Dynamics Corp.
7,791
2,064,537
General Electric Co.
34,489
4,567,033
Graco, Inc.
3,205
273,387
Hayward Holdings, Inc. *
4,349
54,449
HEICO Corp.
342
61,420
Hexcel Corp.
2,666
176,996
Honeywell International, Inc.
18,450
3,731,697
Howmet Aerospace, Inc.
12,050
677,933
Hubbell, Inc., Class B
944
316,778
Huntington Ingalls Industries, Inc.
1,244
322,097
IDEX Corp.
2,204
466,146
Illinois Tool Works, Inc.
1,762
459,706
Ingersoll Rand, Inc.
12,847
1,025,961
ITT, Inc.
2,606
314,753
  67

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Johnson Controls International PLC
21,623
1,139,316
L3Harris Technologies, Inc.
6,015
1,253,646
Lennox International, Inc.
1,012
433,298
Lincoln Electric Holdings, Inc.
118
26,222
Masco Corp.
7,137
480,249
MasTec, Inc. *
2,014
132,259
MDU Resources Group, Inc.
6,481
126,444
Mercury Systems, Inc. *
1,719
50,986
Middleby Corp. *
1,670
235,587
MSC Industrial Direct Co., Inc., Class A
1,477
145,750
Nordson Corp.
1,805
454,355
Northrop Grumman Corp.
4,296
1,919,281
nVent Electric PLC
5,333
320,193
Oshkosh Corp.
2,060
226,806
Otis Worldwide Corp.
12,360
1,093,118
Owens Corning
2,806
425,193
PACCAR, Inc.
16,303
1,636,658
Parker-Hannifin Corp.
4,061
1,886,335
Pentair PLC
5,187
379,533
Plug Power, Inc. *(a)
16,509
73,465
Quanta Services, Inc.
3,363
652,590
RBC Bearings, Inc. *
919
246,788
Regal Rexnord Corp.
2,096
279,732
RTX Corp.
45,759
4,169,560
Sensata Technologies Holding PLC
4,787
173,146
SiteOne Landscape Supply, Inc. *
969
149,759
Snap-on, Inc.
1,651
478,674
Spirit AeroSystems Holdings, Inc., Class A *
3,056
83,918
Stanley Black & Decker, Inc.
4,855
452,972
Sunrun, Inc. *
6,861
99,347
Textron, Inc.
6,218
526,727
Timken Co.
1,924
157,595
Trane Technologies PLC
5,104
1,286,463
TransDigm Group, Inc.
1,400
1,529,752
United Rentals, Inc.
1,709
1,068,809
Valmont Industries, Inc.
611
137,909
Vertiv Holdings Co., Class A
10,105
569,215
Watsco, Inc.
808
315,912
WESCO International, Inc.
1,436
249,175
Westinghouse Air Brake Technologies Corp.
5,655
744,028
WillScot Mobile Mini Holdings Corp. *
4,529
214,222
Woodward, Inc.
1,895
261,074
Xylem, Inc.
6,633
745,815
 
64,724,206
 
Commercial & Professional Services 1.2%
Automatic Data Processing, Inc.
1,868
459,117
Broadridge Financial Solutions, Inc.
618
126,196
CACI International, Inc., Class A *
700
240,611
Ceridian HCM Holding, Inc. *
4,269
296,781
Cintas Corp.
301
181,976
Clarivate PLC *
15,331
137,059
Clean Harbors, Inc. *
1,597
268,232
Concentrix Corp.
1,412
125,484
Driven Brands Holdings, Inc. *
1,939
25,420
Dun & Bradstreet Holdings, Inc.
8,810
102,108
Equifax, Inc.
1,192
291,253
FTI Consulting, Inc. *
860
164,785
Genpact Ltd.
4,231
151,893
Jacobs Solutions, Inc.
3,998
538,811
KBR, Inc.
2,691
140,228
Leidos Holdings, Inc.
4,338
479,219
ManpowerGroup, Inc.
1,545
114,546
MSA Safety, Inc.
968
159,749
Paycor HCM, Inc. *
1,135
22,053
RB Global, Inc.
1,391
88,982
Republic Services, Inc., Class A
6,570
1,124,258
Robert Half, Inc.
3,269
260,016
SECURITY
NUMBER
OF SHARES
VALUE ($)
Science Applications International Corp.
1,671
213,320
SS&C Technologies Holdings, Inc.
6,888
420,306
Stericycle, Inc. *
2,960
142,080
Tetra Tech, Inc.
1,372
217,023
TransUnion
6,134
424,411
Veralto Corp.
6,972
534,683
Vestis Corp.
3,682
78,795
Waste Management, Inc.
1,311
243,361
 
7,772,756
 
Consumer Discretionary Distribution & Retail 1.1%
Advance Auto Parts, Inc.
1,881
125,745
AutoNation, Inc. *
895
124,996
AutoZone, Inc. *
92
254,116
Bath & Body Works, Inc.
7,416
316,367
Best Buy Co., Inc.
5,331
386,444
CarMax, Inc. *
4,831
343,871
Dick's Sporting Goods, Inc.
1,765
263,109
eBay, Inc.
15,925
654,040
Etsy, Inc. *
1,729
115,082
GameStop Corp., Class A *(a)
8,458
120,357
Gap, Inc.
6,263
117,055
Genuine Parts Co.
4,457
625,005
Kohl's Corp.
3,473
89,464
Lithia Motors, Inc., Class A
878
258,878
LKQ Corp.
8,456
394,642
Lowe's Cos., Inc.
4,901
1,043,129
Macy's, Inc.
8,569
156,727
Murphy USA, Inc.
34
11,986
Nordstrom, Inc.
3,578
64,941
Ollie's Bargain Outlet Holdings, Inc. *
1,358
97,681
O'Reilly Automotive, Inc. *
286
292,592
Penske Automotive Group, Inc.
626
92,880
Petco Health & Wellness Co., Inc., Class A *
2,724
6,510
RH *
410
103,927
Ross Stores, Inc.
730
102,404
Valvoline, Inc. *
3,222
117,571
Victoria's Secret & Co. *
1,418
36,939
Wayfair, Inc., Class A *
1,737
87,284
Williams-Sonoma, Inc.
1,760
340,366
 
6,744,108
 
Consumer Durables & Apparel 1.6%
Birkenstock Holding PLC *(a)
684
31,731
Brunswick Corp.
2,016
162,651
Capri Holdings Ltd. *
3,586
174,782
Carter's, Inc.
1,155
87,364
Columbia Sportswear Co.
1,108
87,820
DR Horton, Inc.
9,891
1,413,523
Garmin Ltd.
4,879
582,992
Hasbro, Inc.
4,142
202,751
Leggett & Platt, Inc.
4,269
99,083
Lennar Corp., Class A
8,172
1,224,574
Mattel, Inc. *
11,140
199,294
Mohawk Industries, Inc. *
1,731
180,457
Newell Brands, Inc.
12,007
99,898
NIKE, Inc., Class B
17,668
1,793,832
NVR, Inc. *
85
601,400
Polaris, Inc.
1,580
142,137
PulteGroup, Inc.
6,798
710,799
PVH Corp.
1,904
228,975
Ralph Lauren Corp., Class A
1,261
181,168
Skechers USA, Inc., Class A *
3,920
244,765
Tapestry, Inc.
6,792
263,462
Tempur Sealy International, Inc.
4,205
209,787
Toll Brothers, Inc.
3,389
336,697
TopBuild Corp. *
958
353,626
68  

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Under Armour, Inc., Class A *
12,260
93,421
VF Corp.
11,061
182,064
Whirlpool Corp.
1,692
185,308
 
10,074,361
 
Consumer Services 1.5%
ADT, Inc.
6,627
43,274
Aramark
7,415
215,628
Boyd Gaming Corp.
2,255
143,170
Bright Horizons Family Solutions, Inc. *
1,592
156,414
Caesars Entertainment, Inc. *
3,818
167,496
Carnival Corp. *
31,557
523,215
Cava Group, Inc. *
116
5,429
Darden Restaurants, Inc.
2,038
331,338
DoorDash, Inc., Class A *
2,101
218,924
Expedia Group, Inc. *
1,166
172,953
Grand Canyon Education, Inc. *
686
89,585
H&R Block, Inc.
1,613
75,553
Hilton Worldwide Holdings, Inc.
4,289
819,027
Hyatt Hotels Corp., Class A
1,387
178,049
Las Vegas Sands Corp.
803
39,283
Marriott Vacations Worldwide Corp.
1,148
96,306
McDonald's Corp.
13,630
3,989,774
MGM Resorts International *
8,935
387,511
Mister Car Wash, Inc. *
2,427
20,144
Norwegian Cruise Line Holdings Ltd. *
10,161
180,866
Penn Entertainment, Inc. *
4,704
106,075
Planet Fitness, Inc., Class A *
1,449
98,184
Royal Caribbean Cruises Ltd. *
5,195
662,362
Service Corp. International
2,957
198,474
Travel & Leisure Co.
1,245
50,323
Vail Resorts, Inc.
1,110
246,420
Wyndham Hotels & Resorts, Inc.
2,384
185,785
Wynn Resorts Ltd.
3,091
291,883
Yum! Brands, Inc.
1,124
145,547
 
9,838,992
 
Consumer Staples Distribution & Retail 1.7%
Albertsons Cos., Inc., Class A
12,077
256,274
BJ's Wholesale Club Holdings, Inc. *
2,755
177,257
Casey's General Stores, Inc.
1,033
280,315
Dollar Tree, Inc. *
6,627
865,619
Grocery Outlet Holding Corp. *
3,104
76,917
Kroger Co.
20,755
957,636
Maplebear, Inc. *(a)
223
5,457
Performance Food Group Co. *
2,559
185,988
U.S. Foods Holding Corp. *
7,166
329,707
Walgreens Boots Alliance, Inc.
22,748
513,422
Walmart, Inc.
45,425
7,506,481
 
11,155,073
 
Energy 7.7%
Antero Midstream Corp.
7,064
86,463
Antero Resources Corp. *
8,977
200,546
APA Corp.
1,104
34,588
Baker Hughes Co., Class A
32,211
918,014
Chesapeake Energy Corp.
3,987
307,438
Chevron Corp.
54,755
8,072,530
ConocoPhillips
38,133
4,265,939
Coterra Energy, Inc.
23,754
591,000
Devon Energy Corp.
20,367
855,821
Diamondback Energy, Inc.
5,671
871,860
DT Midstream, Inc.
3,076
165,150
EOG Resources, Inc.
18,703
2,128,214
EQT Corp.
11,452
405,401
Exxon Mobil Corp.
128,824
13,244,395
SECURITY
NUMBER
OF SHARES
VALUE ($)
Halliburton Co.
22,821
813,569
Hess Corp.
3,906
548,910
HF Sinclair Corp.
4,593
259,459
Kinder Morgan, Inc.
62,385
1,055,554
Marathon Oil Corp.
19,201
438,743
Marathon Petroleum Corp.
12,071
1,998,958
NOV, Inc.
12,447
242,841
Occidental Petroleum Corp.
21,861
1,258,538
ONEOK, Inc.
17,452
1,191,099
Ovintiv, Inc.
4,530
192,163
Phillips 66
14,159
2,043,285
Pioneer Natural Resources Co.
7,406
1,702,121
Range Resources Corp.
7,432
215,825
Schlumberger NV
45,330
2,207,571
Southwestern Energy Co. *
34,824
224,615
TechnipFMC PLC
13,748
265,886
Valero Energy Corp.
10,797
1,499,703
Williams Cos., Inc.
38,728
1,342,312
 
49,648,511
 
Equity Real Estate Investment Trusts (REITs) 4.5%
Agree Realty Corp.
3,119
185,924
Alexandria Real Estate Equities, Inc.
5,442
657,938
American Homes 4 Rent, Class A
10,552
369,848
Americold Realty Trust, Inc.
8,562
235,455
Apartment Income REIT Corp.
4,725
154,460
AvalonBay Communities, Inc.
4,503
806,082
Boston Properties, Inc.
4,974
330,771
Brixmor Property Group, Inc.
9,704
217,758
Camden Property Trust
3,293
309,015
Cousins Properties, Inc.
4,713
107,975
Crown Castle, Inc.
12,300
1,331,475
CubeSmart
7,091
306,473
Digital Realty Trust, Inc.
9,603
1,348,837
EastGroup Properties, Inc.
1,443
256,031
EPR Properties
2,370
104,920
Equinix, Inc.
1,479
1,227,230
Equity LifeStyle Properties, Inc.
3,892
263,449
Equity Residential
11,853
713,432
Essex Property Trust, Inc.
2,027
472,838
Extra Space Storage, Inc.
6,645
959,804
Federal Realty Investment Trust
2,555
259,920
First Industrial Realty Trust, Inc.
4,287
220,866
Gaming & Leisure Properties, Inc.
8,106
370,039
Healthcare Realty Trust, Inc., Class A
11,963
192,724
Healthpeak Properties, Inc.
17,330
320,605
Highwoods Properties, Inc.
3,240
74,423
Host Hotels & Resorts, Inc.
22,442
431,335
Invitation Homes, Inc.
19,409
639,138
Iron Mountain, Inc.
4,631
312,685
Kilroy Realty Corp.
3,681
131,633
Kimco Realty Corp.
20,757
419,291
Lamar Advertising Co., Class A
660
69,089
Medical Properties Trust, Inc. (a)
19,376
60,066
Mid-America Apartment Communities, Inc.
3,689
466,216
National Storage Affiliates Trust
2,591
96,774
NET Lease Office Properties
468
11,597
NNN REIT, Inc.
5,744
231,713
Omega Healthcare Investors, Inc.
7,760
225,040
Park Hotels & Resorts, Inc.
6,855
103,373
Prologis, Inc.
29,349
3,718,225
Public Storage
2,088
591,301
Rayonier, Inc.
4,711
142,743
Realty Income Corp.
26,426
1,437,310
Regency Centers Corp.
5,720
358,472
Rexford Industrial Realty, Inc.
6,652
349,829
SBA Communications Corp., Class A
3,067
686,579
Simon Property Group, Inc.
8,059
1,117,058
  69

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
STAG Industrial, Inc.
5,892
217,650
Sun Communities, Inc.
3,048
382,067
UDR, Inc.
9,824
353,860
Ventas, Inc.
12,677
588,086
VICI Properties, Inc., Class A
32,857
989,653
Vornado Realty Trust
5,584
151,829
Welltower, Inc.
17,066
1,476,380
Weyerhaeuser Co.
23,273
762,656
WP Carey, Inc.
6,729
416,929
 
28,736,869
 
Financial Services 10.9%
Affiliated Managers Group, Inc.
1,093
162,682
Affirm Holdings, Inc. *
7,143
289,363
AGNC Investment Corp.
20,470
194,056
Ally Financial, Inc.
8,763
321,427
American Express Co.
12,405
2,490,180
Annaly Capital Management, Inc.
15,988
306,810
Bank of New York Mellon Corp.
24,499
1,358,714
Berkshire Hathaway, Inc., Class B *
58,272
22,361,297
BlackRock, Inc.
4,730
3,662,486
Block, Inc. *
10,815
703,083
Blue Owl Capital, Inc., Class A
12,268
190,645
Capital One Financial Corp.
12,054
1,631,147
Carlyle Group, Inc.
6,678
267,254
Cboe Global Markets, Inc.
3,344
614,794
Charles Schwab Corp. (b)
47,008
2,957,743
CME Group, Inc.
11,424
2,351,516
Coinbase Global, Inc., Class A *
5,383
690,101
Corebridge Financial, Inc.
7,262
175,522
Credit Acceptance Corp. *
198
107,132
Discover Financial Services
7,927
836,457
Euronet Worldwide, Inc. *
744
74,140
Evercore, Inc., Class A
1,147
196,974
Fidelity National Information Services, Inc.
18,809
1,171,048
Fiserv, Inc. *
13,803
1,958,232
FleetCor Technologies, Inc. *
156
45,229
Franklin Resources, Inc.
9,006
239,830
Global Payments, Inc.
8,193
1,091,553
Goldman Sachs Group, Inc.
10,147
3,896,549
Houlihan Lokey, Inc., Class A
1,482
177,514
Interactive Brokers Group, Inc., Class A
3,294
292,342
Intercontinental Exchange, Inc.
18,011
2,293,341
Invesco Ltd.
11,491
181,902
Jack Henry & Associates, Inc.
1,576
261,348
Janus Henderson Group PLC
4,306
123,841
Jefferies Financial Group, Inc.
5,734
233,718
KKR & Co., Inc.
15,896
1,376,276
Lazard, Inc.
3,467
135,144
MGIC Investment Corp.
8,938
177,330
Moody's Corp.
448
175,634
Morgan Stanley
38,252
3,337,104
MSCI, Inc., Class A
1,220
730,316
Nasdaq, Inc.
10,857
627,209
NCR Atleos Corp. *
2,110
47,243
Northern Trust Corp.
6,504
517,979
OneMain Holdings, Inc.
3,536
168,314
PayPal Holdings, Inc. *
3,358
206,013
Raymond James Financial, Inc.
6,010
662,182
Rithm Capital Corp.
15,219
162,843
Robinhood Markets, Inc., Class A *
21,300
228,762
Rocket Cos., Inc., Class A *
2,515
30,960
S&P Global, Inc.
9,360
4,196,556
SEI Investments Co.
3,181
201,166
SLM Corp.
4,351
86,498
SoFi Technologies, Inc. *
29,584
231,643
Starwood Property Trust, Inc.
9,623
195,636
State Street Corp.
9,788
723,039
SECURITY
NUMBER
OF SHARES
VALUE ($)
Stifel Financial Corp.
3,139
228,990
Synchrony Financial
13,084
508,575
T Rowe Price Group, Inc.
7,007
759,909
TPG, Inc.
1,439
59,906
Tradeweb Markets, Inc., Class A
2,381
227,124
UWM Holdings Corp.
1,931
12,938
Virtu Financial, Inc., Class A
2,861
48,036
Voya Financial, Inc.
3,110
225,071
Western Union Co.
10,176
127,912
WEX, Inc. *
729
149,000
XP, Inc., Class A
9,314
228,938
 
70,704,216
 
Food, Beverage & Tobacco 4.0%
Altria Group, Inc.
56,828
2,279,939
Archer-Daniels-Midland Co.
16,974
943,415
Boston Beer Co., Inc., Class A *
23
8,033
Brown-Forman Corp., Class B
1,565
85,919
Bunge Global SA
4,593
404,597
Campbell Soup Co.
6,075
271,127
Coca-Cola Co.
62,484
3,717,173
Conagra Brands, Inc.
15,108
440,398
Constellation Brands, Inc., Class A
4,606
1,128,839
Darling Ingredients, Inc. *
5,012
217,020
Flowers Foods, Inc.
6,049
137,917
Freshpet, Inc. *
992
85,411
General Mills, Inc.
18,491
1,200,251
Hershey Co.
1,228
237,667
Hormel Foods Corp.
9,176
278,675
Ingredion, Inc.
2,087
224,499
J M Smucker Co.
3,261
428,985
Kellanova
8,252
451,880
Keurig Dr Pepper, Inc.
30,292
952,380
Kraft Heinz Co.
25,545
948,486
Lamb Weston Holdings, Inc.
255
26,122
McCormick & Co., Inc. - Non Voting Shares
7,982
544,053
Molson Coors Beverage Co., Class B
5,653
349,299
Mondelez International, Inc., Class A
43,274
3,257,234
PepsiCo, Inc.
13,551
2,283,750
Philip Morris International, Inc.
49,373
4,485,537
Pilgrim's Pride Corp. *
1,296
35,212
Post Holdings, Inc. *
1,626
151,007
Seaboard Corp.
7
25,221
Tyson Foods, Inc., Class A
8,819
482,928
WK Kellogg Co.
2,133
27,708
 
26,110,682
 
Health Care Equipment & Services 6.6%
Abbott Laboratories
51,611
5,839,785
Acadia Healthcare Co., Inc. *
2,841
233,360
agilon health, Inc. *
970
5,713
Amedisys, Inc. *
1,010
95,213
Baxter International, Inc.
16,047
620,858
Becton Dickinson & Co.
9,213
2,200,156
Boston Scientific Corp. *
46,532
2,943,614
Cardinal Health, Inc.
3,822
417,324
Centene Corp. *
16,970
1,278,011
Certara, Inc. *
2,560
41,370
Chemed Corp.
137
81,212
Cigna Group
8,602
2,588,772
Cooper Cos., Inc.
1,542
575,212
CVS Health Corp.
40,742
3,029,983
DENTSPLY SIRONA, Inc.
6,867
238,628
Doximity, Inc., Class A *
2,156
58,104
Elevance Health, Inc.
6,540
3,227,098
Encompass Health Corp.
2,916
207,153
Enovis Corp. *
1,690
99,203
70  

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Envista Holdings Corp. *
5,272
123,892
GE HealthCare Technologies, Inc.
11,449
839,899
Globus Medical, Inc., Class A *
2,733
144,275
HCA Healthcare, Inc.
5,016
1,529,378
Henry Schein, Inc. *
4,133
309,314
Hologic, Inc. *
7,713
574,156
Humana, Inc.
2,249
850,257
ICU Medical, Inc. *
656
60,044
Integra LifeSciences Holdings Corp. *
2,131
85,560
Laboratory Corp. of America Holdings
2,693
598,654
McKesson Corp.
2,669
1,334,206
Medtronic PLC
42,262
3,699,615
Molina Healthcare, Inc. *
835
297,627
Premier, Inc., Class A
3,860
83,453
Quest Diagnostics, Inc.
3,558
456,954
QuidelOrtho Corp. *
1,723
118,043
R1 RCM, Inc. *
4,949
50,678
STERIS PLC
3,149
689,474
Stryker Corp.
8,430
2,828,096
Tandem Diabetes Care, Inc. *
1,831
41,747
Teladoc Health, Inc. *
5,285
102,688
Teleflex, Inc.
1,488
361,331
Tenet Healthcare Corp. *
3,202
264,933
UnitedHealth Group, Inc.
4,704
2,407,225
Universal Health Services, Inc., Class B
1,903
302,215
Zimmer Biomet Holdings, Inc.
6,669
837,626
 
42,772,109
 
Household & Personal Products 2.1%
Church & Dwight Co., Inc.
831
82,975
Colgate-Palmolive Co.
26,118
2,199,136
Coty, Inc., Class A *
12,034
145,371
Estee Lauder Cos., Inc., Class A
5,003
660,346
Kenvue, Inc.
36,420
756,079
Kimberly-Clark Corp.
651
78,751
Olaplex Holdings, Inc. *
4,415
9,934
Procter & Gamble Co.
60,839
9,560,240
Reynolds Consumer Products, Inc.
1,698
46,135
Spectrum Brands Holdings, Inc.
1,116
87,740
 
13,626,707
 
Insurance 4.1%
Aflac, Inc.
18,767
1,582,809
Allstate Corp.
8,343
1,295,251
American Financial Group, Inc.
2,304
277,402
American International Group, Inc.
22,640
1,573,706
Aon PLC, Class A
6,307
1,882,198
Arch Capital Group Ltd. *
9,771
805,424
Arthur J Gallagher & Co.
6,358
1,476,073
Assurant, Inc.
1,679
281,988
Assured Guaranty Ltd.
1,771
143,681
Axis Capital Holdings Ltd.
2,497
148,621
Brighthouse Financial, Inc. *
1,869
96,758
Brown & Brown, Inc.
4,599
356,698
Chubb Ltd.
12,927
3,167,115
Cincinnati Financial Corp.
4,881
540,815
CNA Financial Corp.
818
36,049
Everest Group Ltd.
1,178
453,495
Fidelity National Financial, Inc.
8,219
411,197
First American Financial Corp.
3,171
191,370
Globe Life, Inc.
2,790
342,668
Hanover Insurance Group, Inc.
1,141
150,623
Hartford Financial Services Group, Inc.
9,392
816,728
Kemper Corp.
1,938
116,280
Lincoln National Corp.
4,828
132,529
Loews Corp.
5,832
424,920
Markel Group, Inc. *
418
625,926
SECURITY
NUMBER
OF SHARES
VALUE ($)
Marsh & McLennan Cos., Inc.
3,143
609,239
MetLife, Inc.
20,143
1,396,313
Old Republic International Corp.
8,281
232,199
Primerica, Inc.
400
93,664
Principal Financial Group, Inc.
7,685
607,883
Progressive Corp.
4,670
832,427
Prudential Financial, Inc.
11,531
1,209,948
Reinsurance Group of America, Inc.
2,111
367,082
RenaissanceRe Holdings Ltd.
1,172
268,189
RLI Corp.
1,006
137,188
Travelers Cos., Inc.
7,257
1,533,839
Unum Group
6,239
301,593
W R Berkley Corp.
6,365
521,166
White Mountains Insurance Group Ltd.
78
122,926
Willis Towers Watson PLC
2,879
709,098
 
26,273,078
 
Materials 4.6%
Air Products & Chemicals, Inc.
7,054
1,803,778
Albemarle Corp.
3,716
426,374
Alcoa Corp.
5,605
166,749
Amcor PLC
45,643
430,413
AptarGroup, Inc.
2,066
268,332
Ashland, Inc.
1,521
142,396
Avery Dennison Corp.
1,710
341,060
Axalta Coating Systems Ltd. *
6,246
202,495
Ball Corp.
9,776
542,079
Berry Global Group, Inc.
3,859
252,610
Celanese Corp., Class A
3,131
458,034
CF Industries Holdings, Inc.
6,113
461,593
Chemours Co.
4,686
141,377
Cleveland-Cliffs, Inc. *
16,124
323,286
Corteva, Inc.
22,671
1,031,077
Crown Holdings, Inc.
3,436
304,086
Dow, Inc.
22,487
1,205,303
DuPont de Nemours, Inc.
14,594
901,909
Eagle Materials, Inc.
366
82,818
Eastman Chemical Co.
3,844
321,166
Ecolab, Inc.
1,748
346,489
Element Solutions, Inc.
7,304
162,368
FMC Corp.
3,362
188,944
Freeport-McMoRan, Inc.
45,400
1,801,926
Ginkgo Bioworks Holdings, Inc. *
45,846
55,474
Graphic Packaging Holding Co.
4,458
113,724
Huntsman Corp.
5,437
133,424
International Flavors & Fragrances, Inc.
8,111
654,395
International Paper Co.
10,986
393,628
Linde PLC
13,972
5,656,285
Louisiana-Pacific Corp.
2,063
137,293
LyondellBasell Industries NV, Class A
8,216
773,290
Martin Marietta Materials, Inc.
1,960
996,503
Mosaic Co.
10,495
322,301
MP Materials Corp. *
3,417
54,023
NewMarket Corp.
196
109,331
Newmont Corp.
36,664
1,265,275
Nucor Corp.
7,893
1,475,439
Olin Corp.
3,980
207,239
Packaging Corp. of America
2,805
465,293
PPG Industries, Inc.
5,583
787,426
Reliance Steel & Aluminum Co.
1,824
520,606
Royal Gold, Inc.
2,075
237,359
RPM International, Inc.
3,262
347,925
Sealed Air Corp.
2,110
72,901
Sherwin-Williams Co.
1,261
383,823
Silgan Holdings, Inc.
2,610
119,903
Sonoco Products Co.
3,075
174,968
SSR Mining, Inc.
6,722
63,388
Steel Dynamics, Inc.
4,946
596,933
  71

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
U.S. Steel Corp.
7,163
336,804
Vulcan Materials Co.
3,281
741,539
Westlake Corp.
1,038
143,607
Westrock Co.
8,226
331,179
 
29,977,940
 
Media & Entertainment 2.9%
AMC Entertainment Holdings, Inc., Class A *
6,358
25,750
Cable One, Inc.
162
88,927
Comcast Corp., Class A
127,027
5,911,837
Electronic Arts, Inc.
8,606
1,184,013
Fox Corp., Class A
11,764
379,977
IAC, Inc. *
2,384
119,701
Interpublic Group of Cos., Inc.
12,229
403,435
Liberty Broadband Corp., Class C *
3,340
262,023
Liberty Media Corp.-Liberty Formula One,
Class C *
6,831
459,385
Liberty Media Corp.-Liberty Live, Class C *
2,124
79,161
Liberty Media Corp.-Liberty SiriusXM,
Class C *
7,229
219,472
Live Nation Entertainment, Inc. *
3,840
341,184
Madison Square Garden Sports Corp. *
589
109,024
Match Group, Inc. *
933
35,809
New York Times Co., Class A
5,249
254,891
News Corp., Class A
15,897
391,702
Nexstar Media Group, Inc., Class A
703
124,930
Omnicom Group, Inc.
6,271
566,773
Paramount Global, Class B
18,680
272,541
Roku, Inc. *
3,427
301,782
Sirius XM Holdings, Inc. (a)
20,332
103,490
Take-Two Interactive Software, Inc. *
5,235
863,409
TripAdvisor, Inc. *
3,489
75,362
Walt Disney Co.
58,187
5,588,861
Warner Bros Discovery, Inc. *
69,958
700,979
ZoomInfo Technologies, Inc., Class A *
4,654
74,650
 
18,939,068
 
Pharmaceuticals, Biotechnology & Life Sciences 8.1%
Agilent Technologies, Inc.
1,730
225,073
Alnylam Pharmaceuticals, Inc. *
787
136,080
Amgen, Inc.
5,439
1,709,260
Avantor, Inc. *
21,413
492,285
Azenta, Inc. *
1,875
122,250
Biogen, Inc. *
4,580
1,129,703
BioMarin Pharmaceutical, Inc. *
5,234
461,011
Bio-Rad Laboratories, Inc., Class A *
650
208,579
Bio-Techne Corp.
290
20,393
Bristol-Myers Squibb Co.
64,772
3,165,408
Catalent, Inc. *
5,711
294,916
Charles River Laboratories International,
Inc. *
1,607
347,562
Danaher Corp.
20,939
5,023,476
Elanco Animal Health, Inc. *
15,528
228,883
Exact Sciences Corp. *
3,692
241,457
Exelixis, Inc. *
2,637
57,381
Fortrea Holdings, Inc. *
2,870
88,855
Gilead Sciences, Inc.
39,770
3,112,400
ICON PLC, ADR *
2,203
574,697
Illumina, Inc. *
3,525
504,110
Incyte Corp. *
1,573
92,445
Ionis Pharmaceuticals, Inc. *
655
33,660
IQVIA Holdings, Inc. *
417
86,832
Jazz Pharmaceuticals PLC *
951
116,707
Johnson & Johnson
76,696
12,186,994
Karuna Therapeutics, Inc. *
122
38,237
Maravai LifeSciences Holdings, Inc.,
Class A *
1,500
8,700
SECURITY
NUMBER
OF SHARES
VALUE ($)
Merck & Co., Inc.
65,960
7,966,649
Moderna, Inc. *
10,568
1,067,896
Organon & Co.
8,086
134,632
Perrigo Co. PLC
4,339
139,195
Pfizer, Inc.
179,781
4,868,469
QIAGEN NV *
7,112
310,512
Regeneron Pharmaceuticals, Inc. *
3,040
2,866,051
Repligen Corp. *
980
185,612
Revvity, Inc.
3,935
421,753
Roivant Sciences Ltd. *
689
6,890
Royalty Pharma PLC, Class A
11,767
334,065
Sotera Health Co. *
950
13,984
Thermo Fisher Scientific, Inc.
4,713
2,540,213
United Therapeutics Corp. *
1,433
307,780
Vertex Pharmaceuticals, Inc. *
695
301,199
Viatris, Inc.
38,000
447,260
 
52,619,514
 
Real Estate Management & Development 0.3%
CBRE Group, Inc., Class A *
9,640
832,028
CoStar Group, Inc. *
7,312
610,406
Howard Hughes Holdings, Inc. *
1,082
86,647
Jones Lang LaSalle, Inc. *
1,536
271,964
Zillow Group, Inc., Class C *
6,601
375,201
 
2,176,246
 
Semiconductors & Semiconductor Equipment 4.0%
Advanced Micro Devices, Inc. *
21,981
3,685,994
Analog Devices, Inc.
15,848
3,048,521
Applied Materials, Inc.
4,120
676,916
Cirrus Logic, Inc. *
1,774
136,953
Entegris, Inc.
4,495
529,061
First Solar, Inc. *
3,382
494,787
GLOBALFOUNDRIES, Inc. *(a)
2,521
138,605
Intel Corp.
134,268
5,784,265
Lam Research Corp.
221
182,362
Marvell Technology, Inc.
27,176
1,839,815
Microchip Technology, Inc.
4,904
417,723
Micron Technology, Inc.
34,769
2,981,442
MKS Instruments, Inc.
2,106
224,184
ON Semiconductor Corp. *
13,707
974,979
Qorvo, Inc. *
3,106
309,792
QUALCOMM, Inc.
4,545
674,978
Skyworks Solutions, Inc.
5,053
527,836
Teradyne, Inc.
841
81,232
Texas Instruments, Inc.
17,108
2,739,333
Universal Display Corp.
810
137,514
Wolfspeed, Inc. *
3,923
127,694
 
25,713,986
 
Software & Services 3.1%
Akamai Technologies, Inc. *
4,744
584,603
Amdocs Ltd.
3,724
341,416
ANSYS, Inc. *
488
159,981
AppLovin Corp., Class A *
4,954
203,758
Aspen Technology, Inc. *
871
167,223
Bentley Systems, Inc., Class B
475
23,940
Bill Holdings, Inc. *
3,254
253,975
CCC Intelligent Solutions Holdings, Inc. *
6,609
72,633
Cognizant Technology Solutions Corp.,
Class A
16,166
1,246,722
Dolby Laboratories, Inc., Class A
1,868
155,380
Dropbox, Inc., Class A *
950
30,096
DXC Technology Co. *
6,478
141,220
Gen Digital, Inc.
14,844
348,537
GoDaddy, Inc., Class A *
1,832
195,401
72  

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Guidewire Software, Inc. *
2,582
288,358
HashiCorp, Inc., Class A *
1,027
22,450
Informatica, Inc., Class A *
1,270
38,100
International Business Machines Corp.
28,915
5,310,529
Kyndryl Holdings, Inc. *
7,305
149,899
nCino, Inc. *
2,090
65,793
NCR Voyix Corp. *
4,027
59,197
Nutanix, Inc., Class A *
5,837
328,039
Okta, Inc. *
4,545
375,644
Oracle Corp.
28,915
3,229,806
PTC, Inc. *
1,729
312,344
Roper Technologies, Inc.
3,363
1,805,931
Salesforce, Inc. *
7,406
2,081,753
SentinelOne, Inc., Class A *
6,406
171,681
Twilio, Inc., Class A *
4,484
315,360
Tyler Technologies, Inc. *
327
138,239
UiPath, Inc., Class A *
2,908
66,826
Unity Software, Inc. *
5,590
181,116
VeriSign, Inc. *
2,670
531,010
Zoom Video Communications, Inc.,
Class A *
8,069
521,338
 
19,918,298
 
Technology Hardware & Equipment 2.4%
Amphenol Corp., Class A
9,214
931,535
Arrow Electronics, Inc. *
1,760
195,624
Avnet, Inc.
2,853
129,241
CDW Corp.
260
58,947
Ciena Corp. *
4,710
249,630
Cisco Systems, Inc.
129,041
6,475,277
Cognex Corp.
5,455
197,144
Coherent Corp. *
4,118
195,770
Corning, Inc.
24,173
785,381
Crane NXT Co.
1,504
87,653
F5, Inc. *
1,872
343,886
Hewlett Packard Enterprise Co.
40,672
621,875
HP, Inc.
21,849
627,285
IPG Photonics Corp. *
974
95,345
Jabil, Inc.
1,471
184,302
Juniper Networks, Inc.
10,117
373,924
Keysight Technologies, Inc. *
4,191
642,313
Littelfuse, Inc.
763
184,570
Lumentum Holdings, Inc. *
2,112
116,033
Motorola Solutions, Inc.
426
136,107
NetApp, Inc.
4,024
350,893
Pure Storage, Inc., Class A *
2,017
80,660
TD SYNNEX Corp.
1,847
184,663
Teledyne Technologies, Inc. *
1,480
619,336
Trimble, Inc. *
7,821
397,776
Ubiquiti, Inc.
21
2,640
Viasat, Inc. *
3,726
82,829
Vontier Corp.
3,256
112,625
Western Digital Corp. *
10,300
589,675
Zebra Technologies Corp., Class A *
1,331
318,841
 
15,371,780
 
Telecommunication Services 2.0%
AT&T, Inc.
227,787
4,029,552
Frontier Communications Parent, Inc. *
7,758
191,079
GCI Liberty, Inc. *(c)
2,247
0
Iridium Communications, Inc.
260
9,428
T-Mobile U.S., Inc.
16,657
2,685,608
Verizon Communications, Inc.
133,917
5,671,385
 
12,587,052
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Transportation 2.4%
Alaska Air Group, Inc. *
3,945
141,349
American Airlines Group, Inc. *
12,925
183,923
Avis Budget Group, Inc.
421
68,922
CH Robinson Worldwide, Inc.
797
67,020
CSX Corp.
55,814
1,992,560
Delta Air Lines, Inc.
19,344
757,124
Expeditors International of Washington, Inc.
4,044
510,879
FedEx Corp.
7,376
1,779,755
GXO Logistics, Inc. *
3,761
204,523
Hertz Global Holdings, Inc. *
4,382
36,590
JB Hunt Transport Services, Inc.
2,099
421,857
Kirby Corp. *
1,858
146,150
Knight-Swift Transportation Holdings, Inc.
4,947
283,859
Landstar System, Inc.
227
43,520
Norfolk Southern Corp.
7,227
1,700,080
Old Dominion Freight Line, Inc.
221
86,415
Ryder System, Inc.
1,382
156,954
Saia, Inc. *
749
337,484
Schneider National, Inc., Class B
1,693
41,512
Southwest Airlines Co.
18,886
564,503
U-Haul Holding Co. *
143
9,475
U-Haul Holding Co. - Non Voting
1,958
125,058
Union Pacific Corp.
11,095
2,706,403
United Airlines Holdings, Inc. *
10,365
428,904
United Parcel Service, Inc., Class B
16,659
2,363,912
XPO, Inc. *
3,687
315,017
 
15,473,748
 
Utilities 4.7%
AES Corp.
8,212
136,976
Alliant Energy Corp.
7,973
387,966
Ameren Corp.
8,321
578,892
American Electric Power Co., Inc.
16,386
1,280,402
American Water Works Co., Inc.
6,186
767,188
Atmos Energy Corp.
4,704
535,974
Avangrid, Inc.
2,296
69,753
Brookfield Renewable Corp., Class A
4,302
120,112
CenterPoint Energy, Inc.
20,046
560,085
Clearway Energy, Inc., Class C
3,576
86,682
CMS Energy Corp.
9,252
528,844
Consolidated Edison, Inc.
11,047
1,004,172
Constellation Energy Corp.
10,227
1,247,694
Dominion Energy, Inc.
26,578
1,215,146
DTE Energy Co.
6,546
690,079
Duke Energy Corp.
24,540
2,351,668
Edison International
12,011
810,502
Entergy Corp.
6,729
671,285
Essential Utilities, Inc.
7,665
274,867
Evergy, Inc.
7,058
358,335
Eversource Energy
11,062
599,782
Exelon Corp.
31,622
1,100,762
FirstEnergy Corp.
17,322
635,371
Hawaiian Electric Industries, Inc.
3,456
44,824
IDACORP, Inc.
1,622
150,165
National Fuel Gas Co.
2,851
134,453
NextEra Energy, Inc.
64,409
3,776,300
NiSource, Inc.
13,124
340,830
NRG Energy, Inc.
7,225
383,214
OGE Energy Corp.
6,481
215,428
PG&E Corp.
64,750
1,092,333
Pinnacle West Capital Corp.
3,592
247,489
PPL Corp.
23,456
614,547
Public Service Enterprise Group, Inc.
15,815
917,112
Sempra
20,041
1,434,134
Southern Co.
34,685
2,411,301
UGI Corp.
6,584
145,770
  73

Schwab U.S. Large-Cap Value Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Vistra Corp.
8,340
342,190
WEC Energy Group, Inc.
10,031
810,104
Xcel Energy, Inc.
17,524
1,049,162
 
30,121,893
Total Common Stocks
(Cost $491,325,199)
642,563,047
INVESTMENT COMPANIES 0.2% OF NET ASSETS
 
Equity Funds 0.2%
iShares Russell 1000 Value ETF
5,500
909,425
Total Investment Companies
(Cost $831,775)
909,425
 
 
 
SHORT-TERM INVESTMENTS 0.4% OF NET ASSETS
 
Money Market Funds 0.4%
State Street Institutional U.S. Government
Money Market Fund, Premier Class
5.30% (d)
2,086,336
2,086,336
State Street Institutional U.S. Government
Money Market Fund, Premier Class
5.30% (d)(e)
598,717
598,717
 
2,685,053
Total Short-Term Investments
(Cost $2,685,053)
2,685,053
Total Investments in Securities
(Cost $494,842,027)
646,157,525
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 500 Index, e-mini, expires
03/15/24
11
2,678,775
7,227
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$580,985.
(b)
Issuer is affiliated with the fund’s investment adviser.
(c)
Fair valued using significant unobservable inputs (see notes to portfolio
holdings 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 January 31, 2024:
SECURITY
VALUE AT
10/31/23
PURCHASES
SALES
REALIZED
GAINS (LOSSES)
NET CHANGE
IN UNREALIZED
APPRECIATION
(DEPRECIATION)
VALUE AT
1/31/24
BALANCE
OF SHARES
HELD AT
1/31/24
DIVIDENDS
RECEIVED
COMMON STOCKS 0.5% OF NET ASSETS
 
Financial Services 0.5%
Charles Schwab Corp.
$2,523,420
$140,948
($217,557
)
($19,481
)
$530,413
$2,957,743
47,008
$12,015

74  

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 January 31, 2024 (see notes to portfolio holdings for additional information):
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 Stocks 1
$629,975,995
$
$
$629,975,995
Telecommunication Services
12,587,052
0
*
12,587,052
Investment Companies 1
909,425
909,425
Short-Term Investments 1
2,685,053
2,685,053
Futures Contracts 2
7,227
7,227
Total
$646,164,752
$—
$0
$646,164,752
*
Level 3 amount shown includes securities determined to have no value at January 31, 2024.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
  75

Schwab Capital Trust
Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings as of January 31, 2024 (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 0.7%
Aptiv PLC *
32,400
2,635,092
BorgWarner, Inc.
27,902
945,878
Gentex Corp.
28,083
930,390
Harley-Davidson, Inc.
15,397
499,633
Lear Corp.
6,951
923,788
Lucid Group, Inc. *(a)
88,824
300,225
Phinia, Inc.
5,527
167,136
QuantumScape Corp., Class A *
40,759
277,569
Rivian Automotive, Inc., Class A *
79,344
1,214,756
Thor Industries, Inc.
6,159
696,090
 
8,590,557
 
Banks 2.5%
Bank OZK
12,712
573,438
BOK Financial Corp.
3,406
285,559
Citizens Financial Group, Inc.
55,668
1,820,344
Columbia Banking System, Inc.
24,944
502,871
Comerica, Inc.
15,755
828,398
Commerce Bancshares, Inc.
14,388
749,903
Cullen/Frost Bankers, Inc.
7,105
753,983
East West Bancorp, Inc.
16,784
1,222,043
Fifth Third Bancorp
81,246
2,781,863
First Citizens BancShares, Inc., Class A
1,299
1,961,490
First Hawaiian, Inc.
15,213
329,970
First Horizon Corp.
66,507
947,060
FNB Corp.
42,738
563,287
Huntington Bancshares, Inc.
172,148
2,191,444
KeyCorp
111,491
1,619,964
M&T Bank Corp.
19,798
2,734,104
New York Community Bancorp, Inc.
85,200
551,244
NU Holdings Ltd., Class A *
279,806
2,409,130
Pinnacle Financial Partners, Inc.
9,012
796,480
Popular, Inc.
8,394
717,267
Prosperity Bancshares, Inc.
10,448
667,732
Regions Financial Corp.
111,867
2,088,557
Synovus Financial Corp.
17,291
651,179
TFS Financial Corp.
5,907
78,681
Webster Financial Corp.
20,453
1,012,014
Western Alliance Bancorp
12,941
827,706
Wintrust Financial Corp.
7,242
702,329
Zions Bancorp NA
17,431
730,359
 
31,098,399
 
Capital Goods 12.8%
A O Smith Corp.
14,462
1,122,396
Acuity Brands, Inc.
3,747
892,386
Advanced Drainage Systems, Inc.
8,157
1,063,836
AECOM
15,699
1,384,495
AGCO Corp.
7,500
917,475
Air Lease Corp., Class A
12,402
518,528
SECURITY
NUMBER
OF SHARES
VALUE ($)
Allegion PLC
10,530
1,304,562
Allison Transmission Holdings, Inc.
10,653
644,933
AMETEK, Inc.
27,533
4,461,723
Armstrong World Industries, Inc.
5,243
520,158
Axon Enterprise, Inc. *
8,424
2,098,081
AZEK Co., Inc., Class A *
15,721
606,202
Builders FirstSource, Inc. *
14,717
2,556,784
BWX Technologies, Inc.
10,933
890,821
Carlisle Cos., Inc.
5,791
1,819,880
Carrier Global Corp.
99,742
5,456,885
ChargePoint Holdings, Inc. *(a)
37,589
71,419
CNH Industrial NV
117,220
1,406,640
Core & Main, Inc., Class A *
19,537
807,073
Crane Co.
5,756
714,377
Cummins, Inc.
16,974
4,061,878
Curtiss-Wright Corp.
4,561
1,015,142
Donaldson Co., Inc.
14,486
935,651
Dover Corp.
16,696
2,500,727
EMCOR Group, Inc.
5,543
1,264,414
Esab Corp.
6,726
578,369
Fastenal Co.
68,353
4,663,725
Ferguson PLC
24,446
4,592,426
Flowserve Corp.
15,602
622,988
Fortive Corp.
42,331
3,309,438
Fortune Brands Innovations, Inc.
15,104
1,171,919
Gates Industrial Corp. PLC *
13,253
170,699
Generac Holdings, Inc. *
7,282
827,745
Graco, Inc.
19,995
1,705,573
Hayward Holdings, Inc. *
15,832
198,217
HEICO Corp.
12,997
2,334,131
Hexcel Corp.
10,118
671,734
Howmet Aerospace, Inc.
45,395
2,553,923
Hubbell, Inc., Class B
6,411
2,151,339
Huntington Ingalls Industries, Inc.
4,683
1,212,522
IDEX Corp.
9,048
1,913,652
Ingersoll Rand, Inc.
48,447
3,868,977
ITT, Inc.
9,873
1,192,461
Lennox International, Inc.
3,825
1,637,712
Lincoln Electric Holdings, Inc.
6,692
1,487,096
Masco Corp.
26,908
1,810,639
MasTec, Inc. *
7,408
486,483
MDU Resources Group, Inc.
24,077
469,742
Mercury Systems, Inc. *
6,348
188,282
Middleby Corp. *
6,368
898,334
MSC Industrial Direct Co., Inc., Class A
5,605
553,101
Nordson Corp.
6,844
1,722,772
nVent Electric PLC
19,657
1,180,206
Oshkosh Corp.
7,806
859,441
Otis Worldwide Corp.
49,489
4,376,807
Owens Corning
10,597
1,605,763
PACCAR, Inc.
61,381
6,162,039
Parker-Hannifin Corp.
15,299
7,106,385
Pentair PLC
19,678
1,439,839
Plug Power, Inc. *(a)
62,868
279,763
Quanta Services, Inc.
17,206
3,338,824
RBC Bearings, Inc. *
3,381
907,934
76  

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Regal Rexnord Corp.
7,901
1,054,467
Rockwell Automation, Inc.
13,755
3,483,866
Sensata Technologies Holding PLC
18,000
651,060
SiteOne Landscape Supply, Inc. *
5,294
818,188
Snap-on, Inc.
6,228
1,805,684
Spirit AeroSystems Holdings, Inc.,
Class A *
12,623
346,628
Stanley Black & Decker, Inc.
18,322
1,709,443
Sunrun, Inc. *
25,229
365,316
Textron, Inc.
23,420
1,983,908
Timken Co.
7,297
597,697
Toro Co.
12,435
1,149,989
Trane Technologies PLC
27,261
6,871,135
TransDigm Group, Inc.
6,343
6,930,869
Trex Co., Inc. *
13,002
1,059,403
United Rentals, Inc.
8,099
5,065,115
Valmont Industries, Inc.
2,496
563,372
Vertiv Holdings Co., Class A
41,073
2,313,642
Watsco, Inc.
3,973
1,553,364
WESCO International, Inc.
5,299
919,482
Westinghouse Air Brake Technologies
Corp.
21,341
2,807,835
WillScot Mobile Mini Holdings Corp. *
22,964
1,086,197
Woodward, Inc.
7,163
986,846
WW Grainger, Inc.
5,287
4,735,249
Xylem, Inc.
28,385
3,191,609
 
161,337,830
 
Commercial & Professional Services 4.5%
Booz Allen Hamilton Holding Corp.,
Class A
15,340
2,159,412
Broadridge Financial Solutions, Inc.
14,028
2,864,518
CACI International, Inc., Class A *
2,642
908,135
Ceridian HCM Holding, Inc. *
17,628
1,225,498
Cintas Corp.
10,373
6,271,205
Clarivate PLC *
56,396
504,180
Clean Harbors, Inc. *
6,049
1,015,990
Concentrix Corp.
5,282
469,411
Copart, Inc. *
102,714
4,934,380
Driven Brands Holdings, Inc. *
7,549
98,967
Dun & Bradstreet Holdings, Inc.
32,693
378,912
Equifax, Inc.
14,586
3,563,943
FTI Consulting, Inc. *
3,986
763,757
Genpact Ltd.
21,089
757,095
Jacobs Solutions, Inc.
15,057
2,029,232
KBR, Inc.
16,033
835,480
Leidos Holdings, Inc.
16,336
1,804,638
ManpowerGroup, Inc.
5,899
437,352
MSA Safety, Inc.
4,422
729,763
Paychex, Inc.
38,576
4,695,856
Paycom Software, Inc.
6,169
1,173,591
Paycor HCM, Inc. *
7,607
147,804
Paylocity Holding Corp. *
5,032
797,119
RB Global, Inc.
21,780
1,393,267
Republic Services, Inc., Class A
24,726
4,231,113
Robert Half, Inc.
12,346
982,001
Rollins, Inc.
30,489
1,320,479
Science Applications International Corp.
6,303
804,641
SS&C Technologies Holdings, Inc.
26,005
1,586,825
Stericycle, Inc. *
10,961
526,128
Tetra Tech, Inc.
6,345
1,003,652
TransUnion
23,110
1,598,981
Verisk Analytics, Inc., Class A
17,081
4,125,574
Vestis Corp.
13,897
297,396
 
56,436,295
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Consumer Discretionary Distribution & Retail 3.2%
Advance Auto Parts, Inc.
7,058
471,827
AutoNation, Inc. *
3,399
474,704
Bath & Body Works, Inc.
27,374
1,167,775
Best Buy Co., Inc.
23,317
1,690,249
Burlington Stores, Inc. *
7,745
1,480,457
CarMax, Inc. *
18,944
1,348,434
Coupang, Inc., Class A *
131,140
1,835,960
Dick's Sporting Goods, Inc.
7,188
1,071,515
eBay, Inc.
63,974
2,627,412
Etsy, Inc. *
14,659
975,703
Five Below, Inc. *
6,540
1,173,668
Floor & Decor Holdings, Inc., Class A *
12,483
1,255,291
GameStop Corp., Class A *(a)
31,879
453,638
Gap, Inc.
23,248
434,505
Genuine Parts Co.
16,789
2,354,322
Kohl's Corp.
13,368
344,360
Lithia Motors, Inc., Class A
3,240
955,314
LKQ Corp.
31,930
1,490,173
Macy's, Inc.
32,481
594,078
Murphy USA, Inc.
2,334
822,782
Nordstrom, Inc.
13,547
245,878
Ollie's Bargain Outlet Holdings, Inc. *
7,376
530,556
Penske Automotive Group, Inc.
2,355
349,411
Petco Health & Wellness Co., Inc.,
Class A *
9,048
21,625
Pool Corp.
4,546
1,687,703
RH *
1,860
471,473
Ross Stores, Inc.
40,204
5,639,817
Tractor Supply Co.
13,109
2,944,281
Ulta Beauty, Inc. *
5,884
2,954,062
Valvoline, Inc. *
16,521
602,851
Victoria's Secret & Co. *
9,108
237,263
Wayfair, Inc., Class A *
9,888
496,872
Williams-Sonoma, Inc.
7,626
1,474,792
 
40,678,751
 
Consumer Durables & Apparel 2.8%
Birkenstock Holding PLC *(a)
3,543
164,360
Brunswick Corp.
8,283
668,272
Capri Holdings Ltd. *
13,475
656,772
Carter's, Inc.
4,316
326,462
Columbia Sportswear Co.
4,239
335,983
Crocs, Inc. *
7,253
736,035
Deckers Outdoor Corp. *
3,136
2,363,697
DR Horton, Inc.
37,251
5,323,540
Garmin Ltd.
18,390
2,197,421
Hasbro, Inc.
15,659
766,508
Leggett & Platt, Inc.
15,959
370,408
Lennar Corp., Class A
30,793
4,614,331
Mattel, Inc. *
42,164
754,314
Mohawk Industries, Inc. *
6,343
661,258
Newell Brands, Inc.
45,283
376,755
NVR, Inc. *
354
2,504,653
Peloton Interactive, Inc., Class A *
40,646
225,992
Polaris, Inc.
6,445
579,792
PulteGroup, Inc.
25,640
2,680,918
PVH Corp.
7,210
867,075
Ralph Lauren Corp., Class A
4,790
688,179
Skechers USA, Inc., Class A *
15,923
994,232
Tapestry, Inc.
27,407
1,063,118
Tempur Sealy International, Inc.
19,924
994,008
Toll Brothers, Inc.
12,806
1,272,276
TopBuild Corp. *
3,782
1,396,050
Under Armour, Inc., Class A *
46,139
351,579
VF Corp.
41,935
690,250
  77

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Whirlpool Corp.
6,414
702,461
YETI Holdings, Inc. *
10,346
454,914
 
35,781,613
 
Consumer Services 3.6%
ADT, Inc.
25,612
167,246
Aramark
28,051
815,723
Boyd Gaming Corp.
8,645
548,871
Bright Horizons Family Solutions, Inc. *
6,891
677,041
Caesars Entertainment, Inc. *
24,573
1,078,018
Carnival Corp. *
118,953
1,972,241
Cava Group, Inc. *
1,865
87,282
Choice Hotels International, Inc.
3,585
434,215
Churchill Downs, Inc.
8,497
1,027,882
Darden Restaurants, Inc.
14,448
2,348,956
Domino's Pizza, Inc.
4,180
1,781,600
DoorDash, Inc., Class A *
36,621
3,815,908
DraftKings, Inc., Class A *
50,029
1,953,633
Expedia Group, Inc. *
16,455
2,440,770
Grand Canyon Education, Inc. *
3,560
464,900
H&R Block, Inc.
17,481
818,810
Hilton Worldwide Holdings, Inc.
29,825
5,695,382
Hyatt Hotels Corp., Class A
5,260
675,226
Marriott Vacations Worldwide Corp.
4,326
362,908
MGM Resorts International *
33,827
1,467,077
Mister Car Wash, Inc. *
8,810
73,123
Norwegian Cruise Line Holdings Ltd. *
50,545
899,701
Penn Entertainment, Inc. *
17,951
404,795
Planet Fitness, Inc., Class A *
10,215
692,168
Royal Caribbean Cruises Ltd. *
28,014
3,571,785
Service Corp. International
17,549
1,177,889
Texas Roadhouse, Inc., Class A
7,979
1,003,120
Travel & Leisure Co.
8,405
339,730
Vail Resorts, Inc.
4,520
1,003,440
Wendy's Co.
20,538
391,865
Wingstop, Inc.
3,589
1,008,904
Wyndham Hotels & Resorts, Inc.
9,673
753,817
Wynn Resorts Ltd.
12,415
1,172,348
Yum! Brands, Inc.
33,565
4,346,332
 
45,472,706
 
Consumer Staples Distribution & Retail 1.2%
Albertsons Cos., Inc., Class A
49,781
1,056,353
BJ's Wholesale Club Holdings, Inc. *
15,915
1,023,971
Casey's General Stores, Inc.
4,450
1,207,552
Dollar Tree, Inc. *
24,965
3,260,928
Grocery Outlet Holding Corp. *
11,437
283,409
Kroger Co.
78,115
3,604,226
Maplebear, Inc. *(a)
2,489
60,906
Performance Food Group Co. *
18,391
1,336,658
U.S. Foods Holding Corp. *
27,077
1,245,813
Walgreens Boots Alliance, Inc.
85,749
1,935,355
 
15,015,171
 
Energy 4.7%
Antero Midstream Corp.
40,332
493,664
Antero Resources Corp. *
33,935
758,108
APA Corp.
36,620
1,147,305
Baker Hughes Co., Class A
121,275
3,456,337
Cheniere Energy, Inc.
28,687
4,704,381
Chesapeake Energy Corp.
14,967
1,154,105
Coterra Energy, Inc.
89,349
2,223,003
Devon Energy Corp.
76,728
3,224,111
Diamondback Energy, Inc.
21,353
3,282,810
DT Midstream, Inc.
11,645
625,220
EQT Corp.
43,142
1,527,227
SECURITY
NUMBER
OF SHARES
VALUE ($)
Halliburton Co.
107,548
3,834,086
Hess Corp.
33,270
4,675,433
HF Sinclair Corp.
17,316
978,181
Marathon Oil Corp.
72,332
1,652,786
New Fortress Energy, Inc.
7,781
258,563
NOV, Inc.
46,966
916,307
ONEOK, Inc.
69,647
4,753,408
Ovintiv, Inc.
30,643
1,299,876
Phillips 66
53,302
7,692,012
Range Resources Corp.
28,070
815,153
Southwestern Energy Co. *
131,338
847,130
Targa Resources Corp.
26,457
2,247,787
TechnipFMC PLC
51,766
1,001,154
Texas Pacific Land Corp.
737
1,077,000
Williams Cos., Inc.
145,805
5,053,601
 
59,698,748
 
Equity Real Estate Investment Trusts (REITs) 6.9%
Agree Realty Corp.
11,826
704,948
Alexandria Real Estate Equities, Inc.
20,529
2,481,956
American Homes 4 Rent, Class A
39,846
1,396,602
Americold Realty Trust, Inc.
32,296
888,140
Apartment Income REIT Corp.
17,722
579,332
AvalonBay Communities, Inc.
16,965
3,036,905
Boston Properties, Inc.
18,731
1,245,611
Brixmor Property Group, Inc.
35,826
803,935
Camden Property Trust
12,399
1,163,522
Cousins Properties, Inc.
18,005
412,495
CubeSmart
26,726
1,155,098
Digital Realty Trust, Inc.
36,160
5,079,034
EastGroup Properties, Inc.
5,474
971,252
EPR Properties
8,840
391,347
Equity LifeStyle Properties, Inc.
21,297
1,441,594
Equity Residential
44,649
2,687,423
Essex Property Trust, Inc.
7,640
1,782,183
Extra Space Storage, Inc.
25,033
3,615,767
Federal Realty Investment Trust
9,666
983,322
First Industrial Realty Trust, Inc.
15,806
814,325
Gaming & Leisure Properties, Inc.
30,665
1,399,857
Healthcare Realty Trust, Inc., Class A
45,572
734,165
Healthpeak Properties, Inc.
65,347
1,208,920
Highwoods Properties, Inc.
12,526
287,722
Host Hotels & Resorts, Inc.
84,607
1,626,147
Invitation Homes, Inc.
73,155
2,408,994
Iron Mountain, Inc.
34,660
2,340,243
Kilroy Realty Corp.
13,911
497,457
Kimco Realty Corp.
78,515
1,586,003
Lamar Advertising Co., Class A
10,387
1,087,311
Medical Properties Trust, Inc. (a)
71,152
220,571
Mid-America Apartment Communities,
Inc.
13,896
1,756,176
National Storage Affiliates Trust
9,702
362,370
NET Lease Office Properties
1,675
41,507
NNN REIT, Inc.
21,721
876,225
Omega Healthcare Investors, Inc.
29,280
849,120
Park Hotels & Resorts, Inc.
25,349
382,263
Rayonier, Inc.
17,634
534,310
Realty Income Corp.
99,572
5,415,721
Regency Centers Corp.
21,665
1,357,746
Rexford Industrial Realty, Inc.
25,241
1,327,424
SBA Communications Corp., Class A
12,854
2,877,496
Simon Property Group, Inc.
38,846
5,384,444
STAG Industrial, Inc.
21,663
800,231
Sun Communities, Inc.
14,707
1,843,522
UDR, Inc.
39,333
1,416,775
Ventas, Inc.
47,821
2,218,416
VICI Properties, Inc., Class A
123,800
3,728,856
Vornado Realty Trust
21,269
578,304
78  

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Welltower, Inc.
64,278
5,560,690
Weyerhaeuser Co.
87,667
2,872,848
WP Carey, Inc.
25,370
1,571,925
 
86,788,550
 
Financial Services 8.4%
Affiliated Managers Group, Inc.
4,131
614,858
Affirm Holdings, Inc. *
26,887
1,089,192
AGNC Investment Corp.
77,709
736,681
Ally Financial, Inc.
32,345
1,186,415
Ameriprise Financial, Inc.
12,284
4,751,820
Annaly Capital Management, Inc.
58,989
1,131,999
Apollo Global Management, Inc.
62,456
6,270,582
ARES Management Corp., Class A
19,545
2,374,327
Bank of New York Mellon Corp.
92,194
5,113,079
Block, Inc. *
64,905
4,219,474
Blue Owl Capital, Inc., Class A
54,671
849,587
Carlyle Group, Inc.
25,227
1,009,585
Cboe Global Markets, Inc.
12,587
2,314,120
Coinbase Global, Inc., Class A *
20,278
2,599,640
Corebridge Financial, Inc.
27,293
659,672
Credit Acceptance Corp. *
752
406,885
Discover Financial Services
29,863
3,151,144
Equitable Holdings, Inc.
41,289
1,349,737
Euronet Worldwide, Inc. *
5,684
566,411
Evercore, Inc., Class A
4,200
721,266
FactSet Research Systems, Inc.
4,593
2,185,901
Fidelity National Information Services,
Inc.
70,871
4,412,428
FleetCor Technologies, Inc. *
8,602
2,493,978
Franklin Resources, Inc.
34,031
906,246
Global Payments, Inc.
30,868
4,112,544
Houlihan Lokey, Inc., Class A
6,076
727,783
Interactive Brokers Group, Inc., Class A
12,394
1,099,967
Invesco Ltd.
43,290
685,281
Jack Henry & Associates, Inc.
8,721
1,446,203
Janus Henderson Group PLC
16,060
461,886
Jefferies Financial Group, Inc.
21,728
885,633
KKR & Co., Inc.
79,428
6,876,876
Lazard, Inc.
13,136
512,041
LPL Financial Holdings, Inc.
9,019
2,157,255
MarketAxess Holdings, Inc.
4,425
997,882
MGIC Investment Corp.
32,806
650,871
Morningstar, Inc.
3,077
859,406
MSCI, Inc., Class A
9,193
5,503,114
Nasdaq, Inc.
40,880
2,361,638
NCR Atleos Corp. *
7,724
172,940
Northern Trust Corp.
24,521
1,952,852
OneMain Holdings, Inc.
13,383
637,031
Raymond James Financial, Inc.
22,647
2,495,246
Rithm Capital Corp.
57,426
614,458
Robinhood Markets, Inc., Class A *
80,492
864,484
Rocket Cos., Inc., Class A *
13,948
171,700
SEI Investments Co.
11,975
757,299
Shift4 Payments, Inc., Class A *
6,420
461,020
SLM Corp.
27,058
537,913
SoFi Technologies, Inc. *
111,522
873,217
Starwood Property Trust, Inc.
35,360
718,869
State Street Corp.
36,881
2,724,399
Stifel Financial Corp.
11,837
863,509
Synchrony Financial
49,305
1,916,485
T Rowe Price Group, Inc.
26,402
2,863,297
Toast, Inc., Class A *
42,453
754,390
TPG, Inc.
7,748
322,549
Tradeweb Markets, Inc., Class A
13,721
1,308,846
UWM Holdings Corp.
11,458
76,769
Virtu Financial, Inc., Class A
10,562
177,336
Voya Financial, Inc.
11,728
848,755
SECURITY
NUMBER
OF SHARES
VALUE ($)
Western Union Co.
43,524
547,097
WEX, Inc. *
5,115
1,045,455
XP, Inc., Class A
38,640
949,771
 
105,109,094
 
Food, Beverage & Tobacco 1.7%
Boston Beer Co., Inc., Class A *
1,119
390,833
Brown-Forman Corp., Class B
28,075
1,541,318
Bunge Global SA
17,316
1,525,366
Campbell Soup Co.
22,903
1,022,161
Celsius Holdings, Inc. *
17,203
858,430
Conagra Brands, Inc.
56,933
1,659,597
Darling Ingredients, Inc. *
18,974
821,574
Flowers Foods, Inc.
22,361
509,831
Freshpet, Inc. *
5,191
446,945
Hormel Foods Corp.
34,606
1,050,984
Ingredion, Inc.
7,891
848,835
J M Smucker Co.
12,305
1,618,723
Kellanova
31,098
1,702,926
Lamb Weston Holdings, Inc.
17,394
1,781,841
McCormick & Co., Inc. - Non Voting
Shares
30,078
2,050,117
Molson Coors Beverage Co., Class B
20,880
1,290,175
Pilgrim's Pride Corp. *
4,961
134,790
Post Holdings, Inc. *
6,165
572,544
Seaboard Corp.
26
93,678
Tyson Foods, Inc., Class A
33,254
1,820,989
WK Kellogg Co.
7,508
97,529
 
21,839,186
 
Health Care Equipment & Services 5.2%
Acadia Healthcare Co., Inc. *
10,739
882,101
agilon health, Inc. *
34,528
203,370
Align Technology, Inc. *
9,138
2,442,770
Amedisys, Inc. *
3,811
359,263
Baxter International, Inc.
60,510
2,341,132
Cardinal Health, Inc.
29,525
3,223,835
Cencora, Inc.
19,349
4,502,125
Certara, Inc. *
14,136
228,438
Chemed Corp.
1,755
1,040,346
Cooper Cos., Inc.
5,815
2,169,169
DaVita, Inc. *
6,476
700,444
DENTSPLY SIRONA, Inc.
25,293
878,932
Dexcom, Inc. *
46,302
5,618,748
Doximity, Inc., Class A *
14,370
387,272
Encompass Health Corp.
11,852
841,966
Enovis Corp. *
6,263
367,638
Envista Holdings Corp. *
19,517
458,649
Globus Medical, Inc., Class A *
14,233
751,360
Henry Schein, Inc. *
15,574
1,165,558
Hologic, Inc. *
29,080
2,164,715
ICU Medical, Inc. *
2,411
220,679
IDEXX Laboratories, Inc. *
9,858
5,077,659
Inspire Medical Systems, Inc. *
3,425
722,230
Insulet Corp. *
8,295
1,583,267
Integra LifeSciences Holdings Corp. *
8,211
329,672
Laboratory Corp. of America Holdings
10,147
2,255,678
Masimo Corp. *
5,143
663,138
Molina Healthcare, Inc. *
6,914
2,464,426
Novocure Ltd. *
12,718
177,035
Penumbra, Inc. *
4,336
1,093,496
Premier, Inc., Class A
14,306
309,296
Quest Diagnostics, Inc.
13,403
1,721,347
QuidelOrtho Corp. *
6,378
436,957
R1 RCM, Inc. *
17,987
184,187
ResMed, Inc.
17,379
3,305,486
Shockwave Medical, Inc. *
4,352
984,640
  79

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
STERIS PLC
11,872
2,599,374
Tandem Diabetes Care, Inc. *
7,727
176,176
Teladoc Health, Inc. *
19,692
382,616
Teleflex, Inc.
5,610
1,362,276
Tenet Healthcare Corp. *
12,076
999,168
Universal Health Services, Inc., Class B
7,168
1,138,350
Veeva Systems, Inc., Class A *
17,336
3,595,660
Zimmer Biomet Holdings, Inc.
25,137
3,157,207
 
65,667,851
 
Household & Personal Products 0.5%
Church & Dwight Co., Inc.
29,239
2,919,514
Clorox Co.
14,802
2,149,991
Coty, Inc., Class A *
44,905
542,452
Olaplex Holdings, Inc. *
16,603
37,357
Reynolds Consumer Products, Inc.
6,461
175,545
Spectrum Brands Holdings, Inc.
4,213
331,226
 
6,156,085
 
Insurance 5.0%
Aflac, Inc.
70,643
5,958,031
Allstate Corp.
31,399
4,874,695
American Financial Group, Inc.
8,676
1,044,590
Arch Capital Group Ltd. *
42,812
3,528,993
Arthur J Gallagher & Co.
25,350
5,885,256
Assurant, Inc.
6,325
1,062,284
Assured Guaranty Ltd.
6,724
545,518
Axis Capital Holdings Ltd.
9,242
550,084
Brighthouse Financial, Inc. *
7,814
404,531
Brown & Brown, Inc.
28,376
2,200,843
Cincinnati Financial Corp.
18,374
2,035,839
CNA Financial Corp.
3,133
138,071
Everest Group Ltd.
5,127
1,973,741
Fidelity National Financial, Inc.
31,043
1,553,081
First American Financial Corp.
12,026
725,769
Globe Life, Inc.
10,500
1,289,610
Hanover Insurance Group, Inc.
4,226
557,874
Hartford Financial Services Group, Inc.
35,340
3,073,166
Kemper Corp.
7,182
430,920
Kinsale Capital Group, Inc.
2,613
1,038,851
Lincoln National Corp.
20,303
557,317
Loews Corp.
21,904
1,595,926
Markel Group, Inc. *
1,572
2,353,960
Old Republic International Corp.
31,265
876,671
Primerica, Inc.
4,260
997,522
Principal Financial Group, Inc.
28,935
2,288,759
Prudential Financial, Inc.
43,466
4,560,887
Reinsurance Group of America, Inc.
7,942
1,381,034
RenaissanceRe Holdings Ltd.
6,002
1,373,438
RLI Corp.
4,825
657,985
Ryan Specialty Holdings, Inc., Class A *
11,345
491,465
Unum Group
23,498
1,135,893
W R Berkley Corp.
23,925
1,958,979
White Mountains Insurance Group Ltd.
298
469,639
Willis Towers Watson PLC
12,379
3,048,948
 
62,620,170
 
Materials 5.6%
Albemarle Corp.
14,013
1,607,852
Alcoa Corp.
21,234
631,712
Amcor PLC
172,413
1,625,855
AptarGroup, Inc.
7,820
1,015,662
Ardagh Metal Packaging SA
17,226
63,564
Ashland, Inc.
5,682
531,949
Avery Dennison Corp.
9,663
1,927,285
Axalta Coating Systems Ltd. *
26,490
858,806
SECURITY
NUMBER
OF SHARES
VALUE ($)
Ball Corp.
36,873
2,044,608
Berry Global Group, Inc.
14,264
933,721
Celanese Corp., Class A
11,827
1,730,172
CF Industries Holdings, Inc.
23,036
1,739,448
Chemours Co.
17,773
536,211
Cleveland-Cliffs, Inc. *
59,516
1,193,296
Corteva, Inc.
85,403
3,884,128
Crown Holdings, Inc.
12,677
1,121,914
DuPont de Nemours, Inc.
54,965
3,396,837
Eagle Materials, Inc.
4,142
937,252
Eastman Chemical Co.
14,168
1,183,736
Element Solutions, Inc.
26,663
592,718
FMC Corp.
14,937
839,459
Ginkgo Bioworks Holdings, Inc. *(a)
185,757
224,766
Graphic Packaging Holding Co.
36,455
929,967
Huntsman Corp.
20,295
498,039
International Flavors & Fragrances, Inc.
30,562
2,465,742
International Paper Co.
41,444
1,484,939
Louisiana-Pacific Corp.
7,660
509,773
LyondellBasell Industries NV, Class A
30,968
2,914,708
Martin Marietta Materials, Inc.
7,389
3,756,715
Mosaic Co.
39,686
1,218,757
MP Materials Corp. *
12,518
197,910
NewMarket Corp.
741
413,337
Nucor Corp.
29,753
5,561,728
Olin Corp.
14,701
765,481
Packaging Corp. of America
10,588
1,756,337
PPG Industries, Inc.
28,098
3,962,942
Reliance Steel & Aluminum Co.
6,908
1,971,681
Royal Gold, Inc.
7,845
897,390
RPM International, Inc.
15,217
1,623,045
Scotts Miracle-Gro Co.
4,957
278,881
Sealed Air Corp.
17,254
596,126
Silgan Holdings, Inc.
10,033
460,916
Sonoco Products Co.
11,725
667,153
SSR Mining, Inc.
24,281
228,970
Steel Dynamics, Inc.
18,669
2,253,162
U.S. Steel Corp.
26,579
1,249,745
Vulcan Materials Co.
15,858
3,584,067
Westlake Corp.
3,858
533,754
Westrock Co.
30,360
1,222,294
 
70,624,510
 
Media & Entertainment 3.4%
AMC Entertainment Holdings, Inc.,
Class A *
23,444
94,948
Cable One, Inc.
670
367,783
Electronic Arts, Inc.
32,399
4,457,454
Fox Corp., Class A
44,372
1,433,216
IAC, Inc. *
8,861
444,911
Interpublic Group of Cos., Inc.
46,135
1,521,994
Liberty Broadband Corp., Class C *
15,877
1,245,551
Liberty Media Corp.-Liberty Formula
One, Class C *
25,764
1,732,629
Liberty Media Corp.-Liberty Live,
Class C *
7,840
292,197
Liberty Media Corp.-Liberty SiriusXM,
Class C *
27,254
827,431
Live Nation Entertainment, Inc. *
18,727
1,663,894
Madison Square Garden Sports Corp. *
2,210
409,071
Match Group, Inc. *
33,424
1,282,813
New York Times Co., Class A
19,320
938,179
News Corp., Class A
60,255
1,484,683
Nexstar Media Group, Inc., Class A
3,988
708,708
Omnicom Group, Inc.
23,614
2,134,233
Paramount Global, Class B
70,536
1,029,120
Pinterest, Inc., Class A *
70,050
2,624,774
Playtika Holding Corp. *
2,563
18,505
80  

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
ROBLOX Corp., Class A *
55,569
2,156,633
Roku, Inc. *
14,784
1,301,879
Sirius XM Holdings, Inc. (a)
76,994
391,899
Spotify Technology SA *
16,781
3,613,788
Take-Two Interactive Software, Inc. *
19,739
3,255,553
TKO Group Holdings, Inc.
7,251
606,836
Trade Desk, Inc., Class A *
52,753
3,609,888
TripAdvisor, Inc. *
12,727
274,903
Warner Bros Discovery, Inc. *
263,754
2,642,815
ZoomInfo Technologies, Inc., Class A *
35,889
575,660
 
43,141,948
 
Pharmaceuticals, Biotechnology & Life Sciences 5.0%
10X Genomics, Inc., Class A *
10,969
457,078
Agilent Technologies, Inc.
34,981
4,551,028
Alnylam Pharmaceuticals, Inc. *
14,817
2,562,008
Apellis Pharmaceuticals, Inc. *
12,051
762,708
Avantor, Inc. *
80,746
1,856,351
Azenta, Inc. *
7,101
462,985
Biogen, Inc. *
17,247
4,254,145
BioMarin Pharmaceutical, Inc. *
22,395
1,972,552
Bio-Rad Laboratories, Inc., Class A *
2,455
787,785
Bio-Techne Corp.
18,604
1,308,233
Bruker Corp.
12,713
909,107
Catalent, Inc. *
21,516
1,111,086
Charles River Laboratories International,
Inc. *
6,087
1,316,496
Elanco Animal Health, Inc. *
58,669
864,781
Exact Sciences Corp. *
21,366
1,397,336
Exelixis, Inc. *
37,661
819,503
Fortrea Holdings, Inc. *
10,569
327,216
ICON PLC, ADR *
9,754
2,544,526
Illumina, Inc. *
18,927
2,706,750
Incyte Corp. *
22,005
1,293,234
Ionis Pharmaceuticals, Inc. *
17,047
876,045
IQVIA Holdings, Inc. *
21,782
4,535,666
Jazz Pharmaceuticals PLC *
7,309
896,961
Karuna Therapeutics, Inc. *
4,251
1,332,349
Maravai LifeSciences Holdings, Inc.,
Class A *
12,981
75,290
Medpace Holdings, Inc. *
2,792
814,091
Mettler-Toledo International, Inc. *
2,607
3,121,074
Natera, Inc. *
12,896
850,362
Neurocrine Biosciences, Inc. *
11,564
1,616,300
Organon & Co.
30,585
509,240
Perrigo Co. PLC
16,215
520,177
QIAGEN NV *
26,754
1,168,061
Repligen Corp. *
6,634
1,256,480
Revvity, Inc.
14,839
1,590,444
Roivant Sciences Ltd. *
42,600
426,000
Royalty Pharma PLC, Class A
44,392
1,260,289
Sarepta Therapeutics, Inc. *
10,702
1,273,431
Sotera Health Co. *
12,001
176,655
Ultragenyx Pharmaceutical, Inc. *
9,423
415,649
United Therapeutics Corp. *
5,395
1,158,738
Viatris, Inc.
143,165
1,685,052
Waters Corp. *
7,009
2,226,829
West Pharmaceutical Services, Inc.
8,858
3,304,300
 
63,354,391
 
Real Estate Management & Development 0.8%
CBRE Group, Inc., Class A *
36,362
3,138,404
CoStar Group, Inc. *
48,393
4,039,847
Howard Hughes Holdings, Inc. *
4,000
320,320
SECURITY
NUMBER
OF SHARES
VALUE ($)
Jones Lang LaSalle, Inc. *
5,666
1,003,222
Zillow Group, Inc., Class C *
24,921
1,416,510
 
9,918,303
 
Semiconductors & Semiconductor Equipment 2.7%
Allegro MicroSystems, Inc. *
8,946
232,059
Cirrus Logic, Inc. *
6,640
512,608
Enphase Energy, Inc. *
15,928
1,658,583
Entegris, Inc.
17,870
2,103,299
First Solar, Inc. *
12,737
1,863,423
GLOBALFOUNDRIES, Inc. *(a)
9,391
516,317
Lattice Semiconductor Corp. *
16,281
990,862
Marvell Technology, Inc.
102,314
6,926,658
Microchip Technology, Inc.
64,390
5,484,740
MKS Instruments, Inc.
7,914
842,445
Monolithic Power Systems, Inc.
5,500
3,314,960
ON Semiconductor Corp. *
51,617
3,671,517
Qorvo, Inc. *
11,692
1,166,160
Skyworks Solutions, Inc.
19,029
1,987,769
Teradyne, Inc.
18,445
1,781,603
Universal Display Corp.
5,586
948,335
Wolfspeed, Inc. *
14,889
484,637
 
34,485,975
 
Software & Services 7.3%
Akamai Technologies, Inc. *
17,874
2,202,613
Alteryx, Inc., Class A *
7,343
348,499
Amdocs Ltd.
14,001
1,283,612
ANSYS, Inc. *
10,388
3,405,498
AppLovin Corp., Class A *
25,130
1,033,597
Aspen Technology, Inc. *
3,273
628,383
Bentley Systems, Inc., Class B
23,240
1,171,296
Bill Holdings, Inc. *
12,290
959,235
CCC Intelligent Solutions Holdings, Inc. *
24,258
266,595
Cloudflare, Inc., Class A *
34,786
2,749,833
Cognizant Technology Solutions Corp.,
Class A
60,815
4,690,053
Confluent, Inc., Class A *
22,273
498,024
Crowdstrike Holdings, Inc., Class A *
25,552
7,473,960
Datadog, Inc., Class A *
32,688
4,067,695
DocuSign, Inc., Class A *
24,160
1,471,827
Dolby Laboratories, Inc., Class A
7,106
591,077
DoubleVerify Holdings, Inc. *
16,515
660,765
Dropbox, Inc., Class A *
30,936
980,052
DXC Technology Co. *
24,431
532,596
Dynatrace, Inc. *
28,772
1,640,004
Elastic NV *
9,482
1,109,963
EPAM Systems, Inc. *
6,654
1,850,544
Fair Isaac Corp. *
2,900
3,476,607
Five9, Inc. *
8,536
647,541
Gartner, Inc. *
9,188
4,202,959
Gen Digital, Inc.
66,291
1,556,513
Gitlab, Inc., Class A *
10,537
749,286
Globant SA *
4,933
1,163,251
GoDaddy, Inc., Class A *
17,568
1,873,803
Guidewire Software, Inc. *
9,749
1,088,768
HashiCorp, Inc., Class A *
11,528
252,002
HubSpot, Inc. *
5,466
3,339,726
Informatica, Inc., Class A *
5,159
154,770
Kyndryl Holdings, Inc. *
27,123
556,564
Manhattan Associates, Inc. *
7,374
1,788,637
MongoDB, Inc., Class A *
8,008
3,207,364
nCino, Inc. *
8,416
264,936
NCR Voyix Corp. *
15,280
224,616
Nutanix, Inc., Class A *
29,037
1,631,879
Okta, Inc. *
18,295
1,512,082
Palantir Technologies, Inc., Class A *
228,011
3,668,697
  81

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Pegasystems, Inc.
4,959
241,702
Procore Technologies, Inc. *
9,499
678,134
PTC, Inc. *
13,710
2,476,711
RingCentral, Inc., Class A *
10,185
345,170
SentinelOne, Inc., Class A *
27,840
746,112
Smartsheet, Inc., Class A *
15,260
686,242
Splunk, Inc. *
18,614
2,854,829
Teradata Corp. *
11,866
547,972
Twilio, Inc., Class A *
20,294
1,427,277
Tyler Technologies, Inc. *
4,981
2,105,718
UiPath, Inc., Class A *
45,473
1,044,970
Unity Software, Inc. *
34,921
1,131,440
VeriSign, Inc. *
10,625
2,113,100
Zoom Video Communications, Inc.,
Class A *
30,440
1,966,728
Zscaler, Inc. *
10,592
2,496,217
 
91,838,044
 
Technology Hardware & Equipment 3.6%
Amphenol Corp., Class A
69,807
7,057,488
Arrow Electronics, Inc. *
6,643
738,369
Avnet, Inc.
10,944
495,763
CDW Corp.
16,179
3,668,103
Ciena Corp. *
17,770
941,810
Cognex Corp.
20,606
744,701
Coherent Corp. *
15,490
736,395
Corning, Inc.
91,047
2,958,117
Crane NXT Co.
5,743
334,702
F5, Inc. *
7,066
1,298,024
Hewlett Packard Enterprise Co.
153,261
2,343,361
HP, Inc.
103,433
2,969,561
IPG Photonics Corp. *
3,579
350,348
Jabil, Inc.
14,922
1,869,577
Juniper Networks, Inc.
38,063
1,406,809
Keysight Technologies, Inc. *
21,240
3,255,242
Littelfuse, Inc.
2,904
702,478
Lumentum Holdings, Inc. *
8,018
440,509
NetApp, Inc.
25,226
2,199,707
Pure Storage, Inc., Class A *
34,060
1,362,059
TD SYNNEX Corp.
6,951
694,961
Teledyne Technologies, Inc. *
5,577
2,333,807
Trimble, Inc. *
29,532
1,501,998
Ubiquiti, Inc.
474
59,601
Viasat, Inc. *
13,999
311,198
Vontier Corp.
18,544
641,437
Western Digital Corp. *
38,812
2,221,987
Zebra Technologies Corp., Class A *
6,125
1,467,244
 
45,105,356
 
Telecommunication Services 0.1%
Frontier Communications Parent, Inc. *
29,345
722,767
GCI Liberty, Inc. *(b)
6,049
0
Iridium Communications, Inc.
14,649
531,173
 
1,253,940
 
Transportation 2.1%
Alaska Air Group, Inc. *
14,985
536,913
American Airlines Group, Inc. *
77,722
1,105,984
Avis Budget Group, Inc.
2,388
390,939
CH Robinson Worldwide, Inc.
13,735
1,154,976
Delta Air Lines, Inc.
76,816
3,006,578
Expeditors International of Washington,
Inc.
17,622
2,226,187
GXO Logistics, Inc. *
14,011
761,918
Hertz Global Holdings, Inc. *
16,090
134,351
JB Hunt Transport Services, Inc.
9,851
1,979,854
SECURITY
NUMBER
OF SHARES
VALUE ($)
Kirby Corp. *
7,020
552,193
Knight-Swift Transportation Holdings,
Inc.
18,674
1,071,514
Landstar System, Inc.
4,283
821,137
Lyft, Inc., Class A *
40,936
511,291
Old Dominion Freight Line, Inc.
11,808
4,617,164
Ryder System, Inc.
5,224
593,290
Saia, Inc. *
3,177
1,431,493
Schneider National, Inc., Class B
6,373
156,266
Southwest Airlines Co.
71,148
2,126,614
U-Haul Holding Co. *
885
58,640
U-Haul Holding Co. - Non Voting
12,021
767,781
United Airlines Holdings, Inc. *
39,095
1,617,751
XPO, Inc. *
13,606
1,162,497
 
26,785,331
 
Utilities 5.1%
AES Corp.
80,056
1,335,334
Alliant Energy Corp.
30,071
1,463,255
Ameren Corp.
31,347
2,180,811
American Water Works Co., Inc.
23,325
2,892,766
Atmos Energy Corp.
17,726
2,019,700
Avangrid, Inc.
8,500
258,230
Brookfield Renewable Corp., Class A
16,001
446,748
CenterPoint Energy, Inc.
75,542
2,110,643
Clearway Energy, Inc., Class C
13,679
331,579
CMS Energy Corp.
34,812
1,989,854
Consolidated Edison, Inc.
41,540
3,775,986
Constellation Energy Corp.
38,512
4,698,464
DTE Energy Co.
24,661
2,599,763
Edison International
45,247
3,053,268
Entergy Corp.
25,336
2,527,519
Essential Utilities, Inc.
29,021
1,040,693
Evergy, Inc.
26,709
1,356,016
Eversource Energy
41,727
2,262,438
FirstEnergy Corp.
65,187
2,391,059
Hawaiian Electric Industries, Inc.
13,304
172,553
IDACORP, Inc.
6,014
556,776
National Fuel Gas Co.
10,623
500,981
NiSource, Inc.
49,362
1,281,931
NRG Energy, Inc.
27,183
1,441,786
OGE Energy Corp.
23,935
795,599
PG&E Corp.
243,887
4,114,374
Pinnacle West Capital Corp.
13,521
931,597
PPL Corp.
88,349
2,314,744
Public Service Enterprise Group, Inc.
59,534
3,452,377
UGI Corp.
25,078
555,227
Vistra Corp.
43,473
1,783,697
WEC Energy Group, Inc.
37,775
3,050,709
Xcel Energy, Inc.
65,963
3,949,205
 
63,635,682
Total Common Stocks
(Cost $1,043,888,640)
1,252,434,486
INVESTMENT COMPANIES 0.1% OF NET ASSETS
 
Equity Funds 0.1%
iShares Russell Mid-Cap ETF
22,500
1,724,175
Total Investment Companies
(Cost $1,566,257)
1,724,175
82  

Schwab U.S. Mid-Cap Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.6% OF NET ASSETS
 
Money Market Funds 0.6%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (c)
4,634,665
4,634,665
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (c)(d)
2,583,055
2,583,055
 
7,217,720
Total Short-Term Investments
(Cost $7,217,720)
7,217,720
Total Investments in Securities
(Cost $1,052,672,617)
1,261,376,381
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long
S&P 400 Mid-Cap Index, e-mini,
expires 03/15/24
20
5,486,600
(66,395
)
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$2,472,437.
(b)
Fair valued using significant unobservable inputs (see notes to portfolio
holdings 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 January 31, 2024 (see notes to portfolio holdings for additional information):
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
$1,251,180,546
$
$
$1,251,180,546
Telecommunication Services
1,253,940
0
*
1,253,940
Investment Companies1
1,724,175
1,724,175
Short-Term Investments1
7,217,720
7,217,720
Liabilities
Futures Contracts2
(66,395
)
(66,395
)
Total
$1,261,309,986
$—
$0
$1,261,309,986
*
Level 3 amount shown includes securities determined to have no value at January 31, 2024.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
  83

Schwab Capital Trust
Schwab International Index Fund
Portfolio Holdings as of January 31, 2024 (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 99.1% OF NET ASSETS
 
Australia 7.4%
Ampol Ltd.
113,787
2,691,344
ANZ Group Holdings Ltd.
1,605,864
28,334,475
APA Group
683,826
3,782,305
Aristocrat Leisure Ltd.
315,439
9,094,299
ASX Ltd.
106,793
4,565,652
Aurizon Holdings Ltd.
1,016,278
2,505,157
BHP Group Ltd.
2,749,905
84,130,616
BlueScope Steel Ltd.
240,077
3,665,570
Brambles Ltd.
745,346
7,106,700
CAR Group Ltd.
191,401
4,109,630
Cochlear Ltd.
35,499
7,044,738
Coles Group Ltd.
719,175
7,463,147
Commonwealth Bank of Australia
910,174
69,404,764
Computershare Ltd.
293,459
4,860,634
CSL Ltd.
262,818
51,611,550
Dexus
594,607
3,009,107
Endeavour Group Ltd.
785,098
2,873,251
Fortescue Ltd.
918,294
17,747,636
Goodman Group
923,860
15,335,309
GPT Group
955,588
2,888,145
IDP Education Ltd.
146,593
1,877,234
IGO Ltd.
368,999
1,793,783
Insurance Australia Group Ltd.
1,354,155
5,315,634
James Hardie Industries PLC *
238,201
8,949,315
Lottery Corp. Ltd.
1,224,049
4,017,798
Macquarie Group Ltd.
197,831
24,410,252
Medibank Pvt Ltd.
1,491,500
3,734,180
Mineral Resources Ltd.
96,450
3,719,961
Mirvac Group
2,172,766
3,053,606
National Australia Bank Ltd.
1,689,820
35,638,975
Northern Star Resources Ltd.
640,005
5,489,838
Orica Ltd.
250,452
2,641,491
Origin Energy Ltd.
961,326
5,365,353
Pilbara Minerals Ltd.
1,574,885
3,587,061
Qantas Airways Ltd. *
455,512
1,642,286
QBE Insurance Group Ltd.
809,016
8,330,099
Ramsay Health Care Ltd.
102,097
3,403,766
REA Group Ltd.
29,385
3,504,651
Reece Ltd.
119,478
1,759,951
Rio Tinto Ltd.
200,275
17,233,133
Santos Ltd.
1,763,412
8,912,178
Scentre Group
2,828,711
5,623,612
SEEK Ltd.
198,291
3,268,882
Sonic Healthcare Ltd.
241,469
5,034,677
South32 Ltd.
2,420,615
5,241,155
Stockland
1,336,324
3,946,312
Suncorp Group Ltd.
686,981
6,323,341
Telstra Group Ltd.
2,168,806
5,719,863
Transurban Group
1,669,376
14,665,853
Treasury Wine Estates Ltd.
430,774
3,020,640
Vicinity Ltd.
2,160,138
2,867,381
Washington H Soul Pattinson & Co. Ltd.
126,623
2,830,421
SECURITY
NUMBER
OF SHARES
VALUE ($)
Wesfarmers Ltd.
616,573
23,341,567
Westpac Banking Corp.
1,910,684
29,974,083
WiseTech Global Ltd.
91,970
4,330,049
Woodside Energy Group Ltd.
1,034,198
21,631,507
Woolworths Group Ltd.
663,635
15,585,437
Xero Ltd. *
79,724
5,706,534
 
645,715,888
 
Austria 0.2%
Erste Group Bank AG
190,289
8,197,346
OMV AG
81,452
3,625,543
Verbund AG
37,628
3,059,845
voestalpine AG
64,179
1,909,435
 
16,792,169
 
Belgium 0.9%
Ageas SA
88,598
3,807,233
Anheuser-Busch InBev SA
469,585
29,047,397
Argenx SE *
32,107
12,124,631
D'ieteren Group
11,407
2,304,357
Elia Group SA
16,766
2,018,716
Groupe Bruxelles Lambert NV
47,505
3,601,339
KBC Group NV
134,808
8,793,741
Lotus Bakeries NV
237
2,020,834
Sofina SA
8,336
1,993,663
Syensqo SA *
40,976
3,652,886
UCB SA
68,189
6,414,244
Umicore SA
114,477
2,603,946
Warehouses De Pauw CVA
92,407
2,703,565
 
81,086,552
 
Denmark 3.5%
AP Moller - Maersk AS, Class A
1,560
2,828,702
AP Moller - Maersk AS, Class B
2,663
4,910,037
Carlsberg AS, Class B
52,327
6,732,781
Coloplast AS, Class B
73,016
8,416,679
Danske Bank AS
373,005
10,015,728
Demant AS *
53,826
2,438,257
DSV AS
100,971
18,064,693
Genmab AS *
35,654
9,859,116
Novo Nordisk AS, Class B
1,772,038
202,551,713
Novozymes AS, Class B
202,594
10,381,054
Orsted AS
104,926
5,914,128
Pandora AS
46,798
6,837,979
Rockwool AS, B Shares
4,990
1,360,408
Tryg AS
179,861
3,844,369
Vestas Wind Systems AS *
547,729
15,443,224
 
309,598,868
 
Finland 1.1%
Elisa OYJ
77,986
3,553,156
Fortum OYJ
227,317
3,107,456
84  

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Kesko OYJ, B Shares
148,607
2,902,236
Kone OYJ, B Shares
183,278
9,072,500
Metso OYJ
348,731
3,485,440
Neste OYJ
228,485
7,876,910
Nokia OYJ
2,875,719
10,396,366
Nordea Bank Abp
1,741,872
21,464,028
Orion OYJ, B Shares
59,753
2,750,890
Sampo OYJ, A Shares
244,351
10,227,418
Stora Enso OYJ, R Shares
321,685
4,093,366
UPM-Kymmene OYJ
288,440
10,491,203
Wartsila OYJ Abp
262,967
3,879,172
 
93,300,141
 
France 12.0%
Accor SA
105,960
4,184,730
Aeroports de Paris SA
18,132
2,426,239
Air Liquide SA
285,152
53,361,434
Airbus SE
321,319
51,181,568
Alstom SA (a)
166,927
2,105,017
Amundi SA
31,523
2,132,140
ArcelorMittal SA
274,351
7,555,631
Arkema SA
33,223
3,615,758
AXA SA
981,862
32,956,502
BioMerieux
23,071
2,483,091
BNP Paribas SA
568,435
38,189,832
Bollore SE
410,407
2,710,751
Bouygues SA
103,880
3,805,393
Bureau Veritas SA
163,196
4,340,831
Capgemini SE
84,237
18,727,687
Carrefour SA
312,267
5,331,115
Cie de Saint-Gobain SA
246,883
17,456,240
Cie Generale des Etablissements
Michelin SCA
368,716
12,242,353
Covivio SA
25,895
1,253,937
Credit Agricole SA
590,566
8,459,770
Danone SA
350,649
23,361,504
Dassault Aviation SA
11,352
2,150,164
Dassault Systemes SE
362,022
18,766,593
Edenred SE
133,831
7,993,522
Eiffage SA
40,776
4,266,399
Engie SA
992,632
15,854,786
EssilorLuxottica SA
160,372
31,428,582
Eurazeo SE
23,826
2,029,504
Eurofins Scientific SE
72,103
4,341,810
Euronext NV
46,031
4,048,756
Gecina SA
23,701
2,613,902
Getlink SE
198,033
3,412,323
Hermes International SCA
17,148
36,176,434
Ipsen SA
19,934
2,298,373
Kering SA
40,246
16,531,986
Klepierre SA
122,694
3,176,630
La Francaise des Jeux SAEM
57,938
2,348,436
Legrand SA
143,040
13,862,808
L'Oreal SA
130,750
62,570,938
LVMH Moet Hennessy Louis Vuitton SE
149,973
124,786,315
Orange SA
1,018,592
12,113,017
Pernod Ricard SA
111,224
18,239,129
Publicis Groupe SA
124,110
12,435,019
Remy Cointreau SA
12,394
1,255,810
Renault SA
106,554
4,012,789
Safran SA
184,897
34,521,906
Sanofi SA
613,983
61,487,656
Sartorius Stedim Biotech
15,278
4,116,462
Schneider Electric SE
295,316
58,014,826
SEB SA
13,593
1,659,846
Societe Generale SA
400,174
10,286,481
Sodexo SA
49,028
5,530,797
STMicroelectronics NV
371,427
16,308,434
SECURITY
NUMBER
OF SHARES
VALUE ($)
Teleperformance SE
32,822
5,125,944
Thales SA
57,123
8,354,470
TotalEnergies SE
1,245,162
80,780,612
Unibail-Rodamco-Westfield *
64,798
4,639,841
Veolia Environnement SA
367,818
11,984,923
Vinci SA
276,122
34,880,356
Vivendi SE
359,656
4,053,164
Worldline SA *
133,552
1,805,421
 
1,048,146,687
 
Germany 8.0%
adidas AG
88,079
16,628,257
Allianz SE
219,541
58,656,076
BASF SE
483,942
23,134,359
Bayer AG
534,369
16,627,754
Bayerische Motoren Werke AG
174,056
18,111,066
Bechtle AG
38,861
2,015,053
Beiersdorf AG
54,952
8,041,656
Brenntag SE
75,051
6,635,258
Carl Zeiss Meditec AG, Bearer Shares
22,012
2,320,323
Commerzbank AG
570,203
6,547,978
Continental AG
59,034
4,822,525
Covestro AG *
106,920
5,645,962
Daimler Truck Holding AG
289,981
10,363,097
Delivery Hero SE *
94,570
2,145,726
Deutsche Bank AG
1,052,341
13,593,852
Deutsche Boerse AG
103,474
20,605,776
Deutsche Lufthansa AG *
325,424
2,706,022
Deutsche Post AG
536,086
25,675,383
Deutsche Telekom AG
1,756,978
43,129,961
E.ON SE
1,211,307
16,388,107
Evonik Industries AG
124,778
2,295,434
Fresenius Medical Care AG
111,289
4,301,275
Fresenius SE & Co. KGaA
234,428
6,581,058
GEA Group AG
83,193
3,331,800
Hannover Rueck SE
32,982
7,906,342
Heidelberg Materials AG
75,199
6,944,209
HelloFresh SE *
90,821
1,201,085
Henkel AG & Co. KGaA
57,267
3,916,528
Infineon Technologies AG
707,314
25,786,492
Knorr-Bremse AG
41,353
2,554,214
LEG Immobilien SE *
38,613
3,204,093
Mercedes-Benz Group AG
433,323
29,254,839
Merck KGaA
70,261
11,528,108
MTU Aero Engines AG
29,840
6,861,116
Muenchener
Rueckversicherungs-Gesellschaft AG
in Muenchen
74,183
31,581,107
Nemetschek SE
32,032
2,955,709
Puma SE
56,714
2,282,386
Qiagen NV *
119,156
5,169,787
Rational AG
2,762
2,121,728
Rheinmetall AG
24,109
8,442,267
RWE AG
343,364
12,678,929
SAP SE
566,593
98,160,297
Scout24 SE
42,169
3,104,916
Siemens AG
412,208
73,795,061
Siemens Energy AG *
287,879
4,277,009
Siemens Healthineers AG
152,371
8,479,633
Symrise AG, Class A
72,003
7,428,817
Talanx AG
33,698
2,364,285
Volkswagen AG
18,164
2,564,413
Vonovia SE
397,080
12,369,976
Wacker Chemie AG
7,157
775,967
Zalando SE *
123,113
2,458,152
 
700,471,223
 
  85

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Hong Kong 2.0%
AIA Group Ltd.
6,241,200
48,946,087
BOC Hong Kong Holdings Ltd.
2,051,090
4,916,038
Budweiser Brewing Co. APAC Ltd.
931,400
1,468,018
CK Asset Holdings Ltd.
1,057,711
4,772,752
CK Hutchison Holdings Ltd.
1,443,525
7,455,547
CK Infrastructure Holdings Ltd.
347,500
2,063,747
CLP Holdings Ltd.
893,426
7,105,809
ESR Group Ltd.
1,206,534
1,542,280
Futu Holdings Ltd., ADR *
27,432
1,281,623
Galaxy Entertainment Group Ltd.
1,182,000
6,134,438
Hang Lung Properties Ltd.
1,004,000
1,165,603
Hang Seng Bank Ltd.
409,940
4,267,544
Henderson Land Development Co. Ltd.
805,735
2,099,440
HKT Trust & HKT Ltd.
2,099,000
2,521,444
Hong Kong & China Gas Co. Ltd.
6,201,696
4,413,294
Hong Kong Exchanges & Clearing Ltd.
651,265
19,745,572
Hongkong Land Holdings Ltd.
598,001
1,866,663
Jardine Matheson Holdings Ltd.
88,717
3,562,352
Link REIT
1,402,840
7,036,199
MTR Corp. Ltd.
831,360
2,704,672
New World Development Co. Ltd.
811,778
994,957
Power Assets Holdings Ltd.
750,438
4,393,953
Sands China Ltd. *
1,335,600
3,505,642
Sino Land Co. Ltd.
2,032,425
2,122,998
SITC International Holdings Co. Ltd.
717,000
1,087,935
Sun Hung Kai Properties Ltd.
789,104
7,365,012
Swire Pacific Ltd., A Shares
243,090
1,880,795
Swire Properties Ltd.
628,400
1,174,337
Techtronic Industries Co. Ltd.
746,000
7,923,344
WH Group Ltd.
4,502,789
2,656,621
Wharf Holdings Ltd.
591,000
1,726,717
Wharf Real Estate Investment Co. Ltd.
874,188
2,561,225
Xinyi Glass Holdings Ltd.
901,700
747,531
 
173,210,189
 
Ireland 0.3%
AIB Group PLC
835,555
3,670,112
Bank of Ireland Group PLC
575,786
5,294,916
Kerry Group PLC, Class A
85,162
7,590,830
Kingspan Group PLC
84,698
6,878,883
Smurfit Kappa Group PLC
141,364
5,267,899
 
28,702,640
 
Israel 0.7%
Azrieli Group Ltd.
23,908
1,610,984
Bank Hapoalim BM
705,600
6,003,182
Bank Leumi Le-Israel BM
852,772
6,476,944
Check Point Software Technologies
Ltd. *
50,381
8,007,052
CyberArk Software Ltd. *
22,003
5,137,260
Elbit Systems Ltd.
14,715
3,035,459
Global-e Online Ltd. *
50,422
1,904,439
ICL Group Ltd.
422,222
1,920,388
Israel Discount Bank Ltd., A Shares
639,268
3,101,019
Mizrahi Tefahot Bank Ltd.
79,494
2,958,553
Monday.com Ltd. *
15,171
3,186,517
Nice Ltd. *
35,074
7,277,219
Teva Pharmaceutical Industries Ltd.,
ADR *
583,352
7,058,559
Wix.com Ltd. *
29,969
3,802,467
 
61,480,042
 
SECURITY
NUMBER
OF SHARES
VALUE ($)
Italy 2.6%
Amplifon SpA
65,574
2,140,238
Assicurazioni Generali SpA
551,000
12,291,112
Banco BPM SpA
668,039
3,604,265
Davide Campari-Milano NV
328,666
3,329,792
DiaSorin SpA
13,747
1,264,160
Enel SpA
4,390,708
29,959,451
Eni SpA
1,288,132
20,534,550
Ferrari NV
67,529
23,549,871
FinecoBank Banca Fineco SpA
325,130
4,687,842
Infrastrutture Wireless Italiane SpA
146,534
1,771,893
Intesa Sanpaolo SpA
8,367,349
25,782,258
Leonardo SpA
224,665
3,921,317
Mediobanca Banca di Credito
Finanziario SpA
312,469
4,138,340
Moncler SpA
110,801
6,816,114
Nexi SpA *
326,368
2,503,393
Poste Italiane SpA
290,297
3,147,878
Prysmian SpA
145,137
6,387,455
Recordati Industria Chimica e
Farmaceutica SpA
57,161
3,154,959
Snam SpA
1,122,315
5,481,323
Stellantis NV
1,196,558
26,356,157
Telecom Italia SpA *
5,362,285
1,616,232
Tenaris SA
258,689
4,085,808
Terna - Rete Elettrica Nazionale
758,138
6,392,657
UniCredit SpA
873,875
25,597,596
 
228,514,661
 
Japan 23.1%
Advantest Corp.
416,992
16,595,372
Aeon Co. Ltd.
352,800
8,430,924
AGC, Inc.
105,793
3,978,689
Aisin Corp.
81,200
3,031,609
Ajinomoto Co., Inc.
241,100
9,900,752
ANA Holdings, Inc. *
84,900
1,876,134
Asahi Group Holdings Ltd.
261,900
9,734,284
Asahi Intecc Co. Ltd.
121,700
2,312,408
Asahi Kasei Corp.
683,000
5,179,558
Astellas Pharma, Inc.
984,950
11,467,253
Azbil Corp.
63,100
2,039,056
Bandai Namco Holdings, Inc.
323,000
6,993,770
BayCurrent Consulting, Inc.
67,900
1,578,607
Bridgestone Corp.
310,557
13,457,268
Brother Industries Ltd.
127,700
2,139,303
Canon, Inc.
543,495
14,971,724
Capcom Co. Ltd.
90,600
3,455,372
Central Japan Railway Co.
398,100
9,949,569
Chiba Bank Ltd.
293,000
2,171,207
Chubu Electric Power Co., Inc.
357,300
4,635,141
Chugai Pharmaceutical Co. Ltd.
365,200
13,136,324
Concordia Financial Group Ltd.
586,700
2,795,886
Dai Nippon Printing Co. Ltd.
114,948
3,326,589
Daifuku Co. Ltd.
158,490
3,125,422
Dai-ichi Life Holdings, Inc.
511,800
11,225,188
Daiichi Sankyo Co. Ltd.
1,004,800
30,082,741
Daikin Industries Ltd.
142,600
22,849,111
Daito Trust Construction Co. Ltd.
33,000
3,753,767
Daiwa House Industry Co. Ltd.
323,500
10,003,248
Daiwa House REIT Investment Corp.
1,223
2,160,919
Daiwa Securities Group, Inc.
737,000
5,281,977
Denso Corp.
1,020,900
16,036,348
Dentsu Group, Inc.
105,400
2,797,450
Disco Corp.
50,100
13,518,933
East Japan Railway Co.
163,660
9,360,144
Eisai Co. Ltd.
137,300
6,465,269
ENEOS Holdings, Inc.
1,561,900
6,307,816
86  

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
FANUC Corp.
518,600
14,345,702
Fast Retailing Co. Ltd.
95,200
25,416,188
Fuji Electric Co. Ltd.
69,300
3,470,544
FUJIFILM Holdings Corp.
195,611
12,398,783
Fujitsu Ltd.
94,500
13,080,146
GLP J-Reit
2,428
2,167,800
Hamamatsu Photonics KK
75,300
2,974,719
Hankyu Hanshin Holdings, Inc.
120,800
3,695,939
Hikari Tsushin, Inc.
10,593
1,845,828
Hirose Electric Co. Ltd.
16,864
1,962,173
Hitachi Construction Machinery Co. Ltd.
58,453
1,658,452
Hitachi Ltd.
502,915
39,504,149
Honda Motor Co. Ltd.
2,509,617
28,052,649
Hoshizaki Corp.
60,400
2,197,434
Hoya Corp.
192,507
24,453,985
Hulic Co. Ltd.
200,300
2,211,781
Ibiden Co. Ltd.
61,400
3,089,644
Idemitsu Kosan Co. Ltd.
525,515
2,918,174
Iida Group Holdings Co. Ltd.
81,100
1,224,362
Inpex Corp.
524,600
7,130,602
Isuzu Motors Ltd.
319,400
4,358,194
ITOCHU Corp.
641,400
29,109,363
Japan Airlines Co. Ltd.
76,700
1,473,849
Japan Exchange Group, Inc.
269,300
5,960,067
Japan Metropolitan Fund Invest
3,872
2,628,480
Japan Post Bank Co. Ltd.
779,900
8,110,840
Japan Post Holdings Co. Ltd.
1,128,600
10,803,728
Japan Post Insurance Co. Ltd.
109,900
2,057,535
Japan Real Estate Investment Corp.
671
2,572,306
Japan Tobacco, Inc.
652,000
17,185,014
JFE Holdings, Inc.
309,200
4,881,903
JSR Corp.
97,100
2,648,369
Kajima Corp.
220,100
3,928,093
Kansai Electric Power Co., Inc.
378,200
5,159,456
Kao Corp.
252,919
10,007,388
Kawasaki Kisen Kaisha Ltd.
76,200
3,712,752
KDDI Corp.
812,500
26,922,217
KDX Realty Investment Corp.
2,354
2,553,482
Keisei Electric Railway Co. Ltd.
71,156
3,219,799
Keyence Corp.
105,800
47,334,695
Kikkoman Corp.
74,977
4,613,201
Kintetsu Group Holdings Co. Ltd.
98,400
3,036,374
Kirin Holdings Co. Ltd.
420,100
6,038,499
Kobe Bussan Co. Ltd.
81,800
2,090,211
Koei Tecmo Holdings Co. Ltd.
49,600
617,826
Koito Manufacturing Co. Ltd.
110,100
1,685,553
Komatsu Ltd.
503,409
14,321,961
Konami Group Corp.
55,200
3,394,700
Kose Corp.
18,000
1,177,608
Kubota Corp.
548,000
8,295,330
Kyocera Corp.
705,600
10,330,033
Kyowa Kirin Co. Ltd.
149,000
2,347,043
Lasertec Corp.
39,600
10,312,988
LY Corp.
1,462,400
4,549,574
M3, Inc.
240,100
3,788,777
Makita Corp.
122,100
3,286,320
Marubeni Corp.
779,600
13,297,375
MatsukiyoCocokara & Co.
189,700
3,448,134
Mazda Motor Corp.
299,200
3,627,335
McDonald's Holdings Co. Japan Ltd.
45,900
2,043,673
MEIJI Holdings Co. Ltd.
127,000
3,071,445
MINEBEA MITSUMI, Inc.
200,000
4,134,041
MISUMI Group, Inc.
154,200
2,643,743
Mitsubishi Chemical Group Corp.
705,500
4,253,982
Mitsubishi Corp.
1,872,100
32,265,535
Mitsubishi Electric Corp.
1,052,000
15,611,994
Mitsubishi Estate Co. Ltd.
614,302
8,511,716
Mitsubishi HC Capital, Inc.
436,938
3,098,084
Mitsubishi Heavy Industries Ltd.
173,800
11,593,063
SECURITY
NUMBER
OF SHARES
VALUE ($)
Mitsubishi UFJ Financial Group, Inc.
6,204,609
58,115,758
Mitsui & Co. Ltd.
698,900
28,345,445
Mitsui Chemicals, Inc.
86,600
2,548,661
Mitsui Fudosan Co. Ltd.
484,677
12,167,218
Mitsui OSK Lines Ltd.
189,100
6,792,560
Mizuho Financial Group, Inc.
1,312,313
23,833,651
MonotaRO Co. Ltd.
134,800
1,269,575
MS&AD Insurance Group Holdings, Inc.
232,762
9,611,845
Murata Manufacturing Co. Ltd.
937,900
18,938,191
NEC Corp.
132,500
8,658,173
Nexon Co. Ltd.
180,400
2,879,008
NIDEC Corp.
226,400
8,443,999
Nintendo Co. Ltd.
565,090
31,572,081
Nippon Building Fund, Inc.
824
3,333,994
NIPPON EXPRESS HOLDINGS, Inc.
41,300
2,458,231
Nippon Paint Holdings Co. Ltd.
518,900
4,087,024
Nippon Prologis REIT, Inc.
1,269
2,257,807
Nippon Sanso Holdings Corp.
93,600
2,371,759
Nippon Steel Corp.
464,441
11,176,614
Nippon Telegraph & Telephone Corp.
16,247,975
20,403,462
Nippon Yusen KK
263,400
9,076,990
Nissan Chemical Corp.
68,766
2,742,581
Nissan Motor Co. Ltd.
1,282,896
5,036,425
Nissin Foods Holdings Co. Ltd.
111,300
3,600,708
Nitori Holdings Co. Ltd.
44,600
5,837,324
Nitto Denko Corp.
75,500
6,263,317
Nomura Holdings, Inc.
1,619,900
8,725,017
Nomura Real Estate Holdings, Inc.
60,900
1,666,571
Nomura Real Estate Master Fund, Inc.
1,955
2,139,289
Nomura Research Institute Ltd.
213,000
6,514,290
NTT Data Group Corp.
346,000
4,983,654
Obayashi Corp.
356,700
3,301,807
Obic Co. Ltd.
38,600
5,929,328
Odakyu Electric Railway Co. Ltd.
171,700
2,623,660
Oji Holdings Corp.
490,700
1,918,554
Olympus Corp.
654,900
9,694,918
Omron Corp.
96,900
4,357,133
Ono Pharmaceutical Co. Ltd.
214,700
3,869,780
Open House Group Co. Ltd.
40,800
1,275,902
Oracle Corp.
21,200
1,670,754
Oriental Land Co. Ltd.
593,900
22,057,488
ORIX Corp.
637,900
12,317,380
Osaka Gas Co. Ltd.
206,900
4,356,663
Otsuka Corp.
63,000
2,650,899
Otsuka Holdings Co. Ltd.
227,800
8,954,435
Pan Pacific International Holdings Corp.
210,000
4,539,461
Panasonic Holdings Corp.
1,202,312
11,324,308
Rakuten Group, Inc.
824,820
3,623,235
Recruit Holdings Co. Ltd.
780,900
30,844,547
Renesas Electronics Corp. *
799,900
13,124,421
Resona Holdings, Inc.
1,152,485
6,362,016
Ricoh Co. Ltd.
299,400
2,353,282
Rohm Co. Ltd.
174,100
3,004,833
SBI Holdings, Inc.
134,390
3,301,378
SCSK Corp.
85,600
1,680,723
Secom Co. Ltd.
116,000
8,419,318
Seiko Epson Corp.
153,100
2,234,863
Sekisui Chemical Co. Ltd.
207,300
2,959,734
Sekisui House Ltd.
328,469
7,414,923
Seven & i Holdings Co. Ltd.
405,503
16,015,267
SG Holdings Co. Ltd.
171,628
2,222,600
Sharp Corp. *
142,700
959,558
Shimadzu Corp.
129,300
3,575,399
Shimano, Inc.
41,600
5,972,733
Shimizu Corp.
278,700
1,865,652
Shin-Etsu Chemical Co. Ltd.
987,900
38,885,898
Shionogi & Co. Ltd.
140,500
6,743,496
Shiseido Co. Ltd.
221,200
6,166,323
Shizuoka Financial Group, Inc.
248,700
2,273,119
  87

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
SMC Corp.
30,400
16,921,993
SoftBank Corp.
1,562,600
20,760,458
SoftBank Group Corp.
559,200
24,141,001
Sompo Holdings, Inc.
159,500
8,270,305
Sony Group Corp.
684,600
67,137,563
Square Enix Holdings Co. Ltd.
46,700
1,824,860
Subaru Corp.
335,500
6,692,993
SUMCO Corp.
189,200
2,868,351
Sumitomo Chemical Co. Ltd.
744,300
1,752,514
Sumitomo Corp.
565,700
13,009,876
Sumitomo Electric Industries Ltd.
394,200
5,239,549
Sumitomo Metal Mining Co. Ltd.
134,400
3,714,638
Sumitomo Mitsui Financial Group, Inc.
689,546
35,865,596
Sumitomo Mitsui Trust Holdings, Inc.
361,200
7,402,165
Sumitomo Realty & Development Co.
Ltd.
152,300
4,789,703
Suntory Beverage & Food Ltd.
74,700
2,437,070
Suzuki Motor Corp.
198,900
8,934,321
Sysmex Corp.
89,900
4,870,089
T&D Holdings, Inc.
276,800
4,583,460
Taisei Corp.
93,700
3,416,170
Takeda Pharmaceutical Co. Ltd.
858,590
25,234,371
TDK Corp.
211,600
10,528,118
Terumo Corp.
366,000
12,389,814
TIS, Inc.
121,100
2,693,487
Tobu Railway Co. Ltd.
98,600
2,611,249
Toho Co. Ltd.
61,208
1,993,835
Tokio Marine Holdings, Inc.
980,097
25,842,631
Tokyo Electric Power Co. Holdings, Inc. *
847,690
4,513,231
Tokyo Electron Ltd.
255,600
47,432,310
Tokyo Gas Co. Ltd.
199,240
4,576,914
Tokyu Corp.
275,200
3,229,274
TOPPAN Holdings, Inc.
136,300
3,757,033
Toray Industries, Inc.
754,000
3,767,307
Tosoh Corp.
131,600
1,696,935
TOTO Ltd.
72,500
1,962,232
Toyota Industries Corp.
79,900
6,757,870
Toyota Motor Corp.
5,753,415
114,883,126
Toyota Tsusho Corp.
114,469
7,501,317
Trend Micro, Inc.
73,100
4,182,004
Unicharm Corp.
218,200
7,507,906
USS Co. Ltd.
112,800
2,133,206
West Japan Railway Co.
120,332
5,011,769
Yakult Honsha Co. Ltd.
139,300
3,042,533
Yamaha Corp.
65,800
1,446,979
Yamaha Motor Co. Ltd.
485,100
4,585,042
Yamato Holdings Co. Ltd.
146,300
2,529,004
Yaskawa Electric Corp.
128,100
4,827,614
Yokogawa Electric Corp.
129,300
2,540,835
Zensho Holdings Co. Ltd.
49,900
2,443,538
ZOZO, Inc.
76,500
1,675,083
 
2,026,664,086
 
Netherlands 4.9%
ABN AMRO Bank NV, GDR
261,064
3,842,179
Adyen NV *
11,813
14,815,707
Aegon Ltd.
862,727
5,089,603
AerCap Holdings NV *
107,148
8,203,251
Akzo Nobel NV
91,569
7,033,641
ASM International NV
25,514
14,140,716
ASML Holding NV
218,497
189,565,349
ASR Nederland NV
81,876
3,858,529
BE Semiconductor Industries NV
42,774
6,428,003
Coca-Cola Europacific Partners PLC
113,820
7,842,198
DSM-Firmenich AG
100,744
10,651,715
EXOR NV
51,838
5,015,456
Heineken Holding NV
71,003
5,957,693
Heineken NV
157,972
15,891,273
SECURITY
NUMBER
OF SHARES
VALUE ($)
IMCD NV
30,950
4,724,230
ING Groep NV
1,970,993
28,004,785
JDE Peet's NV
53,526
1,321,309
Koninklijke Ahold Delhaize NV
523,384
14,719,207
Koninklijke KPN NV
1,841,307
6,263,649
Koninklijke Philips NV
427,690
9,048,020
NN Group NV
146,227
5,993,586
OCI NV
58,728
1,677,506
Prosus NV *
792,875
23,589,361
Randstad NV
58,640
3,334,282
Universal Music Group NV
445,644
13,136,571
Wolters Kluwer NV
135,464
19,969,702
 
430,117,521
 
New Zealand 0.2%
Auckland International Airport Ltd.
691,449
3,565,037
EBOS Group Ltd.
85,411
1,955,939
Fisher & Paykel Healthcare Corp. Ltd.
302,800
4,373,352
Mercury NZ Ltd.
337,631
1,393,044
Meridian Energy Ltd.
683,511
2,315,591
Spark New Zealand Ltd.
1,036,536
3,367,491
 
16,970,454
 
Norway 0.6%
Adevinta ASA *
192,968
2,073,297
Aker BP ASA
168,966
4,484,624
DNB Bank ASA
500,194
9,723,627
Equinor ASA
485,697
13,899,231
Gjensidige Forsikring ASA
107,885
1,735,273
Kongsberg Gruppen ASA
49,946
2,545,415
Mowi ASA
254,134
4,574,495
Norsk Hydro ASA
706,164
4,138,476
Orkla ASA
374,713
2,935,174
Salmar ASA
40,289
2,236,459
Telenor ASA
337,336
3,743,099
Yara International ASA
91,735
3,032,085
 
55,121,255
 
Portugal 0.2%
EDP - Energias de Portugal SA
1,710,878
7,631,263
EDP Renovaveis SA
168,413
2,727,151
Galp Energia SGPS SA
244,570
3,849,958
Jeronimo Martins SGPS SA
157,896
3,591,080
 
17,799,452
 
Singapore 1.3%
CapitaLand Ascendas REIT
2,035,995
4,412,463
CapitaLand Integrated Commercial Trust
2,889,510
4,307,584
CapitaLand Investment Ltd.
1,427,549
3,133,880
City Developments Ltd.
248,700
1,128,797
DBS Group Holdings Ltd.
979,693
23,204,306
Genting Singapore Ltd.
3,342,400
2,510,156
Grab Holdings Ltd., Class A *
1,015,504
3,117,597
Jardine Cycle & Carriage Ltd.
54,600
1,053,563
Keppel Ltd.
804,300
4,273,858
Mapletree Logistics Trust
1,893,728
2,177,552
Mapletree Pan Asia Commercial Trust
1,273,700
1,379,307
Oversea-Chinese Banking Corp. Ltd.
1,824,401
17,451,069
Sea Ltd., ADR *
202,772
7,733,724
Seatrium Ltd. *
23,727,125
1,760,866
Sembcorp Industries Ltd.
469,600
1,976,306
Singapore Airlines Ltd.
813,750
4,038,871
Singapore Exchange Ltd.
468,400
3,270,666
Singapore Technologies Engineering Ltd.
849,449
2,353,770
Singapore Telecommunications Ltd.
4,462,937
7,964,302
88  

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
United Overseas Bank Ltd.
688,433
14,511,162
UOL Group Ltd.
242,572
1,126,402
Wilmar International Ltd.
1,066,034
2,610,385
 
115,496,586
 
Spain 2.6%
Acciona SA
13,188
1,705,930
ACS Actividades de Construccion y
Servicios SA
107,220
4,230,954
Aena SME SA
40,188
7,109,545
Amadeus IT Group SA
244,228
17,115,588
Banco Bilbao Vizcaya Argentaria SA
3,244,271
30,364,549
Banco Santander SA
8,743,794
35,141,826
CaixaBank SA
2,239,622
9,549,726
Cellnex Telecom SA *
301,509
11,601,271
Corp. ACCIONA Energias Renovables SA
35,686
927,303
Enagas SA
137,799
2,243,338
Endesa SA
174,227
3,451,777
Ferrovial SE
279,528
10,659,863
Grifols SA *
160,856
1,752,164
Iberdrola SA
3,329,461
40,089,895
Industria de Diseno Textil SA
592,666
25,340,837
Naturgy Energy Group SA
71,565
1,927,085
Redeia Corp. SA
215,272
3,582,152
Repsol SA
694,154
10,251,461
Telefonica SA
2,645,751
10,765,119
 
227,810,383
 
Sweden 3.0%
Alfa Laval AB
160,046
5,872,537
Assa Abloy AB, B Shares
541,364
14,847,296
Atlas Copco AB, A Shares
1,437,472
22,941,210
Atlas Copco AB, B Shares
877,669
12,153,918
Beijer Ref AB
202,656
2,759,160
Boliden AB
151,643
4,025,010
Epiroc AB, A Shares
356,169
6,293,061
Epiroc AB, B Shares
222,125
3,463,350
EQT AB
187,848
5,044,121
Essity AB, B Shares
329,385
7,735,043
Evolution AB
99,297
11,594,274
Fastighets AB Balder, B Shares *
354,296
2,351,566
Getinge AB, B Shares
123,687
2,644,073
H & M Hennes & Mauritz AB, B Shares
347,684
4,905,384
Hexagon AB, B Shares
1,121,992
12,244,956
Holmen AB, B Shares
40,074
1,579,288
Husqvarna AB, B Shares
196,751
1,530,508
Industrivarden AB, A Shares
70,705
2,225,934
Industrivarden AB, C Shares
73,663
2,315,160
Indutrade AB
148,535
3,608,521
Investment AB Latour, B Shares
81,680
2,054,301
Investor AB, B Shares
938,444
22,095,444
L E Lundbergforetagen AB, B Shares
40,960
2,135,687
Lifco AB, B Shares
123,136
2,970,890
Nibe Industrier AB, B Shares
842,772
5,035,715
Saab AB, B Shares
44,034
2,835,391
Sagax AB, B Shares
92,205
2,240,702
Sandvik AB
571,449
12,009,505
Securitas AB, B Shares
275,103
2,672,365
Skandinaviska Enskilda Banken AB,
A Shares
873,725
12,408,762
Skanska AB, B Shares
191,665
3,323,394
SKF AB, B Shares
191,266
3,768,919
Svenska Cellulosa AB SCA, B Shares
326,043
4,438,722
Svenska Handelsbanken AB, A Shares
801,111
8,636,242
Swedbank AB, A Shares
461,341
9,401,196
Swedish Orphan Biovitrum AB *
109,897
3,084,603
Tele2 AB, B Shares
297,520
2,536,665
SECURITY
NUMBER
OF SHARES
VALUE ($)
Telefonaktiebolaget LM Ericsson,
B Shares
1,590,292
8,815,745
Telia Co. AB
1,317,913
3,399,124
Volvo AB, A Shares
107,265
2,637,126
Volvo AB, B Shares
817,249
19,585,634
Volvo Car AB, B Shares *
331,440
864,065
 
267,084,567
 
Switzerland 9.9%
ABB Ltd.
868,845
36,762,398
Adecco Group AG
88,523
3,828,005
Alcon, Inc.
270,118
20,333,131
Avolta AG *
45,334
1,731,978
Bachem Holding AG
19,156
1,282,374
Baloise Holding AG
24,491
3,912,219
Banque Cantonale Vaudoise
16,863
2,159,077
Barry Callebaut AG
1,921
2,805,826
BKW AG
11,121
1,766,775
Chocoladefabriken Lindt & Spruengli AG
59
7,478,779
Chocoladefabriken Lindt & Spruengli AG,
Participation Certificates
511
6,494,273
Cie Financiere Richemont SA, Class A
283,816
42,156,480
Clariant AG
117,758
1,507,500
EMS-Chemie Holding AG
3,849
2,905,666
Geberit AG
17,989
10,354,971
Givaudan SA
5,017
20,863,378
Helvetia Holding AG
20,846
3,010,589
Holcim AG *
283,484
21,652,174
Julius Baer Group Ltd.
114,211
6,217,806
Kuehne & Nagel International AG
29,479
9,989,833
Logitech International SA
89,490
7,502,239
Lonza Group AG
40,417
19,760,101
Nestle SA
1,444,789
164,634,467
Novartis AG
1,112,938
115,093,057
Partners Group Holding AG
12,332
16,638,026
Roche Holding AG
381,457
108,607,046
Roche Holding AG, Bearer Shares
17,360
5,258,820
Sandoz Group AG *
222,344
7,625,284
Schindler Holding AG
12,826
3,053,112
Schindler Holding AG, Participation
Certificates
21,650
5,392,771
SGS SA
80,869
7,472,767
SIG Group AG
169,287
3,543,550
Sika AG
82,650
22,816,179
Sonova Holding AG
27,423
8,764,295
Straumann Holding AG
60,941
9,257,021
Swatch Group AG
28,927
1,316,151
Swatch Group AG, Bearer Shares
15,073
3,538,520
Swiss Life Holding AG
15,804
11,349,295
Swiss Prime Site AG
42,597
4,314,452
Swiss Re AG
159,853
18,303,238
Swisscom AG
13,988
8,368,790
Temenos AG
35,888
3,652,336
UBS Group AG
1,785,063
53,431,589
VAT Group AG
14,974
6,970,828
Zurich Insurance Group AG
79,747
40,518,614
 
864,395,780
 
United Kingdom 14.6%
3i Group PLC
529,615
16,579,565
abrdn PLC
1,058,952
2,252,851
Admiral Group PLC
143,464
4,561,743
Anglo American PLC
691,884
16,492,911
Antofagasta PLC
217,763
4,746,198
Ashtead Group PLC
237,030
15,499,839
Associated British Foods PLC
186,964
5,537,752
AstraZeneca PLC
841,777
111,600,134
  89

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
SECURITY
NUMBER
OF SHARES
VALUE ($)
Auto Trader Group PLC
502,156
4,619,774
Aviva PLC
1,435,108
7,833,643
BAE Systems PLC
1,652,556
24,617,241
Barclays PLC
8,196,514
15,231,805
Barratt Developments PLC
518,505
3,533,782
Berkeley Group Holdings PLC
57,236
3,465,905
BP PLC
9,253,351
54,043,424
British American Tobacco PLC
1,156,190
34,088,650
BT Group PLC
3,512,873
4,976,797
Bunzl PLC
186,086
7,562,491
Burberry Group PLC
194,580
3,205,107
Centrica PLC
2,970,617
5,198,726
Coca-Cola HBC AG *
118,942
3,496,508
Compass Group PLC
928,141
25,564,485
CRH PLC
383,128
27,179,720
Croda International PLC
74,797
4,527,207
DCC PLC
55,400
4,027,542
Diageo PLC
1,219,374
44,041,184
Endeavour Mining PLC
107,158
1,903,544
Entain PLC
355,088
4,325,111
Experian PLC
499,355
20,784,349
Flutter Entertainment PLC *
95,867
19,677,287
Glencore PLC
5,677,211
30,037,886
GSK PLC
2,224,933
44,004,131
Haleon PLC
3,019,776
12,265,615
Halma PLC
203,735
5,639,199
Hargreaves Lansdown PLC
203,101
1,959,806
Hikma Pharmaceuticals PLC
91,392
2,229,695
HSBC Holdings PLC
10,594,886
82,721,717
Imperial Brands PLC
462,669
11,106,428
Informa PLC
732,722
7,196,465
InterContinental Hotels Group PLC
89,124
8,444,772
Intertek Group PLC
89,185
5,062,200
J Sainsbury PLC
919,672
3,139,907
JD Sports Fashion PLC
1,407,828
2,080,367
Kingfisher PLC
1,063,645
2,957,279
Land Securities Group PLC
353,883
2,983,482
Legal & General Group PLC
3,194,781
10,275,828
Lloyds Banking Group PLC
33,797,845
18,117,515
London Stock Exchange Group PLC
226,534
25,624,176
M&G PLC
1,091,594
3,086,337
Melrose Industries PLC
748,938
5,582,200
Mondi PLC
241,997
4,336,500
National Grid PLC
2,009,523
26,765,045
NatWest Group PLC
3,123,809
8,815,821
Next PLC
64,632
6,899,887
NMC Health PLC *(b)
48,950
0
Ocado Group PLC *
314,286
2,152,830
Pearson PLC
358,203
4,394,354
Persimmon PLC
161,318
2,971,172
Phoenix Group Holdings PLC
408,826
2,610,203
Prudential PLC
1,490,750
15,313,829
Reckitt Benckiser Group PLC
390,782
28,253,888
RELX PLC
1,023,930
42,261,747
Rentokil Initial PLC
1,366,069
7,034,908
Rio Tinto PLC
614,977
42,568,348
Rolls-Royce Holdings PLC *
4,520,016
17,160,015
Sage Group PLC
562,636
8,376,480
Schroders PLC
417,262
2,134,754
Segro PLC
653,869
7,261,914
Severn Trent PLC
150,112
4,934,335
Shell PLC
3,588,504
111,251,905
Smith & Nephew PLC
473,206
6,617,787
Smiths Group PLC
190,010
3,893,996
Spirax-Sarco Engineering PLC
40,637
5,114,606
SSE PLC
592,980
12,629,248
St. James's Place PLC
305,834
2,517,718
Standard Chartered PLC
1,246,421
9,419,878
Taylor Wimpey PLC
1,954,959
3,649,892
SECURITY
NUMBER
OF SHARES
VALUE ($)
Tesco PLC
3,864,940
14,005,072
Unilever PLC
1,357,375
66,050,158
United Utilities Group PLC
376,016
5,064,470
Vodafone Group PLC
12,461,053
10,593,646
Whitbread PLC
102,706
4,655,451
Wise PLC, Class A *
340,431
3,472,363
WPP PLC
564,075
5,454,882
 
1,284,327,382
Total Common Stocks
(Cost $6,076,718,782)
8,692,806,526
PREFERRED STOCKS 0.5% OF NET ASSETS
 
Germany 0.5%
Bayerische Motoren Werke AG
33,020
3,226,400
Dr Ing hc F Porsche AG
63,211
5,366,736
Henkel AG & Co. KGaA
90,894
6,967,800
Porsche Automobil Holding SE
82,020
4,094,763
Sartorius AG
14,563
5,312,619
Volkswagen AG
108,959
14,013,764
 
38,982,082
Total Preferred Stocks
(Cost $38,746,785)
38,982,082
RIGHTS 0.0% OF NET ASSETS
 
Spain 0.0%
ACS Actividades de Construccion y Servicios SA
expires 02/02/24, strike EUR 0.46 *
107,220
49,130
Total Rights
(Cost $53,258)
49,130
 
 
 
SHORT-TERM INVESTMENTS 0.0% OF NET ASSETS
 
Money Market Funds 0.0%
State Street Institutional
U.S. Government Money Market
Fund, Premier Class 5.30% (c)(d)
2,107,528
2,107,528
Total Short-Term Investments
(Cost $2,107,528)
2,107,528
Total Investments in Securities
(Cost $6,117,626,353)
8,733,945,266
 
NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
APPRECIATION
($)
FUTURES CONTRACTS
Long
MSCI EAFE Index, expires
03/15/24
377
42,092,050
98,469
90  

Schwab International Index Fund
Portfolio Holdings (Unaudited) continued
*
Non-income producing security.
(a)
All or a portion of this security is on loan. Securities on loan were valued at
$1,999,758.
(b)
Fair valued using significant unobservable inputs (see notes to portfolio
holdings 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
CVA —
Dutch Certificate
GDR —
Global Depositary Receipt
REIT —
Real Estate Investment Trust
EUR —
Euro

The following is a summary of the inputs used to value the fund’s investments as of January 31, 2024 (see notes to portfolio holdings for additional information):
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
$
$6,246,481,884
$
$6,246,481,884
Belgium
5,673,720
75,412,832
81,086,552
Hong Kong
1,281,623
171,928,566
173,210,189
Israel
29,096,294
32,383,748
61,480,042
Italy
1,616,232
226,898,429
228,514,661
Netherlands
39,634,810
390,482,711
430,117,521
New Zealand
8,325,572
8,644,882
16,970,454
Norway
5,816,396
49,304,859
55,121,255
Singapore
10,851,321
104,645,265
115,496,586
United Kingdom
4,336,500
1,279,990,882
0
*
1,284,327,382
Preferred Stocks1
38,982,082
38,982,082
Rights1
49,130
49,130
Short-Term Investments1
2,107,528
2,107,528
Futures Contracts2
98,469
98,469
Total
$108,887,595
$8,625,156,140
$0
$8,734,043,735
*
Level 3 amount shown includes securities determined to have no value at January 31, 2024.
1
As categorized in the Portfolio Holdings.
2
Futures contracts are reported at cumulative unrealized appreciation or depreciation.
  91

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 which could be Level 1, Level 2 or Level 3 in the fair value hierarchy.
• 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
92  

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.
The levels associated with valuing the funds’ investments as of January 31, 2024, are disclosed in each fund’s Portfolio Holdings.
REG87637JAN24
  93