| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES - OTHER | 152,894 | 0 | 150,839 | |
| ACCOUNTING FEES - INVESTMENT | 109,503 | 109,503 | 0 |
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
CAMP FIRE |
1801 MAIN STREET SUITE 200 KANSAS CITY,MO64108 |
2021-11-22 | 2,050,000 | GRANT ID: 8646 - CAMP ACCESSIBILITY PROGRAMMING. THIS PROJECT WILL CONTINUE THE WORK OF PREVIOUS CAMPER PROJECTS AND WILL EXPAND ON THAT WORK BY ADDING NINE COUNCILS COMMITTED TO ENSURING THAT ALL YOUTH PARTICIPATING IN OVERNIGHT CAMP PROGRAMS HOSTED BY CAMP FIRE FEEL WELCOME, EMOTIONALLY AFFIRMED, AND PHYSICALLY COMFORTABLE, ESPECIALLY THOSE WHO HAVE BEEN HISTORICALLY EXCLUDED FROM QUALITY YOUTH DEVELOPMENT EXPERIENCES IN THE OUTDOORS. SEE STATEMENT 23 FOR SUPPLEMENTAL REPORTING ON USE OF FUNDS BY SUB-GRANTEES. | 2,050,000 | NO KNOWN DIVERSION OF FUNDS. | 2/26/2025; 9/26/2024; 9/29/2023; 10/10/2022 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
KENYA VULTURE CONSERVATION LLC |
4245 N FAIRFAX DRIVE SUITE 100 ARLINGTON,VA22203 |
2020-11-23 | 5,000,000 | A BELOW MARKET INVESTMENT WAS MADE TO PROVIDE ADDITIONAL CAPITAL TOWARD THE COMPLETION OF A RENEWAL ENERGY WIND FARM IN KENYA. THE CAPITAL WAS TO SUPPORT ADDITIONAL FINANCING FOR THE PROJECT. IN ADDITION TO AGREEING TO THE LOAN REPAYMENT TERMS, THE LOAN RECIPIENT AGREED TO COMMIT ANNUAL FUNDING TOWARD CONSERVATION EFFORTS IN THE AREA TO ENSURE THAT THE VULNERABLE BIRD POPULATIONS ARE NOT UNDULY HARMED BY THE WIND FARM'S OPERATIONS. | 5,000,000 | NO KNOWN DIVERSION OF FUNDS. | 3/27/2025; 3/26/2024; 3/30/2023; 3/31/2022; 3/31/2021 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
CENTRE FOR CATALYZING CHANGE |
C-27 2ND FLOOR QUTAB INSTITUTIONAL AREA DEHLI IN |
2021-12-03 | 1,500,000 | GRANT ID: 8674 - WOMEN-CENTERED MATERNAL HEALTH IN INDIA. THE PURPOSE OF THIS PROJECT IS TO IMPROVE WOMEN'S AGENCY AND AMPLIFY VOICES TO MEET THEIR MATERNAL HEALTH GOALS THROUGH INTEGRATED INTERVENTIONS FOCUSED ON ENGAGING WOMEN AND COMMUNITIES MATERNAL, NEWBORN AND CHILD HEALTH SERVICES, STRENGTHENING HEALTH SERVICE DELIVERY TO DELIVER BETTER QUALITY, AND CAPACITY BUILDING OF COMMUNITY PLATFORMS TO PROMOTE BETTER ACCOUNTABILITY. | 1,500,000 | NO KNOWN DIVERSION OF FUNDS. | 9/9/2025; 6/27/2024; 7/24/2023; 8/23/2022 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
COMMUNITY REINVESTMENT FUND INC |
801 NICOLLET MALL STE 1700 W MINNEAPOLIS,MN55402 |
2021-12-17 | 1,000,000 | GRANT ID: 8876 - SUPPORT FOR THE MINNESOTA INCLUSIVE GROWTH FUND LOAN LOSS RESERVE. THE PURPOSE OF THIS GRANT IS TO FUND A PORTION OF THE MINNESOTA INCLUSIVE GROWTH FUND'S LOAN LOSS RESERVE TO INCREASE PARTICIPATING CDFI'S ABILITY TO LEND TO MINNESOTA SMALL BUSINESSES LOCATED IN AND SERVING ECONOMICALLY DISADVANTAGED COMMUNITIES THAT HAVE BEEN ADVERSELY AFFECTED BY THE PANDEMIC. THE GRANT WILL BE EXPENDED ONLY AS NEEDED TO COVER LOAN DEFAULTS THAT WOULD OTHERWISE BE ABSORBED BY THE LENDING CDFI. | 10,824 | NO KNOWN DIVERSION OF FUNDS. | 10/01/2025; 8/29/2024; 9/1/2023; 8/31/2022 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
MINNESOTA INCLUSIVE GROWTH FUND |
801 NICOLLET MALL STE 1700 W MINNEAPOLIS,MN55402 |
2021-12-22 | 4,000,000 | A BELOW MARKET LOAN WAS MADE TO A MINNESOTA-BASED COMMUNITY DEVELOPMENT FINANCIAL INTERMEDIARY TO PROVIDE FLEXIBLE, LOW INTEREST LOANS TO A GROUP OF MINNESOTA-BASED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) TO SUPPORT THEIR LENDING TO SMALL BUSINESSES ADVERSELY IMPACTED BY THE PANDEMIC, INCLUDING A FOCUS ON SMALL BUSINESSES SERVING UNDERSERVED COMMUNITIES. | 2,745,990 | NO KNOWN DIVERSION OF FUNDS. | 9/12/2025; 10/28/2024; 9/13/2023; 8/23/2022 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
THE CIRI FOUNDATION |
3600 SAN JERONIMO DRIVE SUITE 256 ANCHORAGE,AK99508 |
2022-06-29 | 1,400,000 | GRANT ID: 6667 - THE PURPOSE OF THIS PROJECT IS TO UPLIFT AND SUPPORT ALASKA NATIVE ARTS AND CULTURE ACTIVITIES THROUGH ENGAGED ARTS PROGRAMMING, DOCUMENTATION AND CONNECTIONS. THE CORE OF THE WORK INCLUDES (1) GRANT FUNDED PROJECTS TO SUPPORT INTERGENERATIONAL LEARNING OPPORTUNITIES THROUGH ARTIST WORKSHOPS, RESIDENCIES AND MENTOR/APPRENTICE PROGRAMS, AND (2) FUNDING FOR THE ALASKA NATIVE MUSEUM SOVEREIGNTY INITIATIVE WHICH IS FOCUSED ON BUILDING CONNECTIONS TO MUSEUM COLLECTIONS AND PROVIDING OPPORTUNITIES TO ENGAGE ALASKA NATIVE PEOPLE IN MUSEUM WORK. | 1,158,530 | NO KNOWN DIVERSION OF FUNDS. | 7/23/2025; 2/28/2024; 2/28/2023 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
THE CIRI FOUNDATION |
3600 SAN JERONIMO DRIVE SUITE 256 ANCHORAGE,AK99508 |
2022-07-07 | 235,000 | GRANT ID: 6796 - THE PURPOSE OF THIS PROJECT IS TO INCREASE THE EFFECTIVENESS OF THE JOURNEY TO WHAT MATTERS PROGRAM TO BETTER RESPOND TO AND UNDERSTAND ALASKA'S TRADITIONAL ARTS ECOSYSTEM. THE PROGRAM SUPPORTS THE CONTINUATION OF ALASKA NATIVE ARTS PRACTICES THROUGH INTERGENERATIONAL KNOWLEDGE SHARING, THE DEVELOPMENT OF ALASKA NATIVE ARTS LEADERS, AND DOCUMENTATION OF ALASKA NATIVE ARTS. THIS PROJECT IS ALSO FOCUSED ON WORK TO HELP INCREASE THE EFFECTIVENESS OF THE PROGRAM AND DEVELOP STRATEGIES FOR GREATER VISIBILITY AROUND THE GRANTEE'S COLLECTIVE WORK. | 235,000 | NO KNOWN DIVERSION OF FUNDS. | 11/20/2024; 2/29/2024; 2/28/2023 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
ASSOCIATION FOR ANIMAL WELFARE ADVANCEMENT |
15508 W BELL ROAD SURPRISE,AZ85374 |
2022-10-14 | 500,000 | GRANT ID: 9163 - THE PURPOSE OF THIS PROJECT IS TO FOSTER AND SUPPORT ORGANIZATIONAL CULTURE CHANGE FOR THE ANIMAL WELFARE PROFESSION TO IMPROVE COMMUNITY ENGAGEMENT, SHELTER SERVICES, AND ANIMAL OUTCOMES. THROUGH THIS PROJECT, THE ASSOCIATION WILL BUILD A LIBRARY OF RESOURCES AND PROVIDE INTERACTIVE, CUSTOMIZED TRAININGS FOR ANIMAL WELFARE ORGANIZATIONS THAT HELP WITH IMPROVING WORKFORCES AND BETTER UNDERSTANDING THEIR COMMUNITIES TO PROVIDE MORE RELEVANT SERVICES. | 497,983 | NO KNOWN DIVERSION OF FUNDS. | 4/9/2025; 5/13/2024; 2/27/2023 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
JUNEAU ECONOMIC DEVELOPMENT COUNCIL |
612 W WILLOUGHBY AVENUE SUITE A JUNEAU,AK99801 |
2022-10-27 | 2,500,000 | GRANT ID: 9501 - THE PURPOSE OF THE PROJECT IS TO SUPPORT A COALITION OF ELDERCARE PROVIDERS ACROSS SOUTHEAST ALASKA WHO HAVE JOINED TOGETHER TO PROBLEM SOLVE MUTUAL ISSUES, SHARE PROGRAM INFORMATION AND BE A COLLABORATIVE CATALYST FOR CHANGE IN THE REALM OF ELDERCARE SERVICES TO SUPPORT OLDER ADULTS IN MAINTAINING THEIR INDEPENDENCE AT HOME FOR AS LONG AS POSSIBLE. THE KEY COMPONENTS OF THE WORK INCLUDE SUPPORT FOR STAFF AND NETWORKS NEEDED TO PROVIDE SUSTAINABLE, QUALITY CARE FOR SENIORS IN SOUTHEAST ALASKA. | 989,440 | NO KNOWN DIVERSION OF FUNDS. | 8/27/2025; 8/29/2024; 9/28/2023 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
EMPIRE HEALTH FOUNDATION |
PO BOX 244 SPOKANE,WA99210 |
2023-03-08 | 1,500,000 | GRANT ID: 7988 THE PURPOSE OF THIS PROJECT IS TO INITIATE WORK INTENDED TO ADVANCE THE EMPIRE HEALTH FOUNDATIONS HEALING FRAMEWORK BUILT OFF OF A HOLISTIC UNDERSTANDING THAT TRUE HEALTH COMES FROM THE CULTURAL STRENGTHS OF THE COMMUNITIES AND FAMILIES SERVED. THE PROJECT WILL ENGAGE THE COMMUNITY(S) AND FAMILIES IN IDENTIFYING ACTIONS THAT MAKE A DIFFERENCE IN BRINGING WHOLENESS AND HEALTH TO FAMILIES AND COMMUNITIES, IDENTIFYING NATURAL COMMUNITY SUPPORTS AND RESOURCES, WALKING ALONG SIDE THE FAMILIES AND COMMUNITIES AS THEY BUILD SYSTEMS OF CARE, OPERATIONALIZING THOSE SYSTEM DESIGNS, AND DEVELOPING SUSTAINABILITY TO THE SYSTEMS. | 1,500,000 | NO KNOWN DIVERSION OF FUNDS. | 8/28/2025; 2/28/2024 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
COAST CONSERVATION ENDOWMENT FUND FOUNDATION |
475 WEST GEORGIA STREET SUITE 750 VANCOUVER,BRITISH COLUMBIAV6B 0223 CA |
2023-07-24 | 1,500,000 | GRANT ID: 9680 THE PURPOSE OF THE PROJECT IS STRENGTHENING TRADITIONAL STEWARDSHIP AND SELF-DETERMINATION IN THE GREAT BEAR RAINFOREST AND HAIDA GWAII BY PROVIDING SUPPORT FOR (1) MAINTAINING THE SUSTAINED IMPACT OF THE GRANTEE'S WORK IN THE REGION, (2) BUILDING FIRST NATIONS STEWARDSHIP OF TERRESTRIAL AND MARINE ECOSYSTEMS, CULTURE, AND PROTECTED AREAS IN A NUMBER OF WAYS, INCLUDING ENHANCING COMMUNITY ECONOMIC RESILIENCE, AND (3) FACILITATING KNOWLEDGE SHARING. | 606,110 | NO KNOWN DIVERSION OF FUNDS. | 3/3/2025; 3/6/2024 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. UNSPENT GRANT FUNDS AT THE END OF THE GRANT TERM WERE RETURNED TO THE FOUNDATION. | |
|
LEWIS PRIZE FOUNDATION |
4000 PONCE DE LEON BLVD CORAL GABLES,FL33146 |
2023-09-20 | 350,000 | GRANT ID: 9699 THE PURPOSE OF THIS PROJECT IS TO SUPPORT CREATIVE YOUTH DEVELOPMENT MUSIC ORGANIZATIONS BY PROVIDING SUPPORT FOR MULTI-YEAR INVESTMENTS TO THESE ORGANIZATIONS THAT EXEMPLIFY THE PURSUIT OF SYSTEMS CHANGE THROUGH THE DEVELOPMENT OF MUSICAL TALENT, PERSONAL AGENCY, AND COLLECTIVE VOICE AMONG YOUNG PEOPLE. | 350,000 | NO KNOWN DIVERSION OF FUNDS. | 12/30/2024; 3/1/2024 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
THE CIRI FOUNDATION |
3600 SAN JERONIMO DRIVE SUITE 256 ANCHORAGE,AK99508 |
2024-07-10 | 200,000 | GRANT ID: 9744 THE PURPOSE OF THIS PROJECT AIMS TO STRENGTHEN LEADERSHIP SKILLS AND EXTEND INFLUENCE OF THE FOUNDATION AND THE WIDER COMMUNITY. THIS INITIATIVE AIMS TO BOOST OUTREACH AND ENGAGEMENT BY INTEGRATING ARTS AND CULTURE IN A MULTI-GENERATIONAL FORMAT WITHIN THE COOK INLET REGION VILLAGES. ADDITIONALLY, IT SEEKS TO DEEPEN TRIBAL CONNECTIONS BY CELEBRATING AND PRESERVING TRADITIONAL ARTS AND CULTURAL PRACTICES. | 34,835 | NO KNOWN DIVERSION OF FUNDS. | 7/10/2025 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. | |
|
ADM CAPITAL ASIA CLIMATE-SMART LANDSCAPE FUND LP |
FLOOR 4 WILLOW HOUSE CRICKET SQUARE GEORGE TOWN K-1-9010 CJ |
2023-12-07 | 5,000,000 | A BELOW MARKET CAPITAL COMMITMENT WAS MADE TO A FUND ESTABLISHED TO SUPPORT SUSTAINABLE AGRICULTURE PRODUCTION, LAND REGENERATION, AND FOREST PROTECTIONS IN CONJUNCTION WITH PROMOTING GREENHOUSE GAS (GHG) REDUCTION. WITH THIS FOCUS IN ITS INVESTMENT ACTIVITIES, THE FUND'S CHARITABLE IMPACT TARGETS AND OBJECTIVES INCLUDE FOREST RETENTION, GREENHOUSE GAS EMISSIONS REDUCTIONS, IMPROVED RURAL LIVELIHOOD, BIODIVERSITY PROTECTIONS, AND POLLUTION REDUCTION. | 1,842,371 | NO KNOWN DIVERSION OF FUNDS. | 8/26/2025 | REVIEW OF REPORT(S) DID NOT RESULT IN REASON TO DOUBT ACCURACY OR RELIABILITY. |
| Identifier | Return Reference | Explanation |
|---|---|---|
| ANALYSIS OF REVENUE AND EXPENSES | FORM 990PF, PAGE 1, PART I | MARGARET A. CARGILL FOUNDATION AND ANNE RAY FOUNDATION SHARE OPERATIONS IN PURSUIT OF THEIR SHARED VISION IN ORDER TO MAXIMIZE ASSETS AVAILABLE FOR CHARITABLE GRANTMAKING. FOR CLARITY, THE REVENUE AND EXPENSES REPORTED IN PART I ARE THE REVENUE AND EXPENSES OF THE REPORTING ENTITY ONLY, MARGARET A. CARGILL FOUNDATION. OTHER SECTIONS OF THE FORM 990-PF, INCLUDING COMPENSATION AND TIME DISCLOSURES, INCLUDE AMOUNTS FOR MARGARET A. CARGILL FOUNDATION AND ANNE RAY FOUNDATION, AS REQUIRED. THE AMOUNT TRANSFERRED FROM ANNE RAY FOUNDATION TO MARGARET A. CARGILL FOUNDATION FOR THE SHARED COSTS IS REPORTED AT STATEMENT 15. |
| CONTINUATION OF STATEMENT 20 | FORM 990PF, PART VI-B, LINE 5D | IN ADDITION TO THE EXPENDITURE RESPONSIBILITY INFORMATION PROVIDED IN CONTINUATION STATEMENT 20, THE FOLLOWING ADDITIONAL INFORMATION IS PROVIDED REGARDING CERTAIN EXPENDITURE RESPONSIBILITY GRANTS:CAMP FIRE - GRANT ID: 8646AMOUNT OF GRANT RE-GRANTED: $490,500AMOUNT OF RE-GRANT SPENT: $490,500JUNEAU ECONOMIC DEVELOPMENT COUNCIL - GRANT ID: 9501AMOUNT OF GRANT RE-GRANTED: $196,057AMOUNT OF RE-GRANT SPENT: $179,303 |
| FORM 990-PF, PART VII, LINE 1 AND LINE 2 | PART VII, LINE 1 AND LINE 2; LIST OF OFFICERS, DIRECTORS, TRUSTEES AND FOUNDATION MANAGERS AND HIGHEST-PAID EMPLOYEES:EMPLOYEE COMPENSATION AND TIME REPORTED ON PART VIII LINE 1 AND LINE 2 IS FOR SERVICES PERFORMED FOR THE FILING ORGANIZATION (MACF) AND ANNE RAY FOUNDATION (ARF). EACH OF THE REPORTED INDIVIDUALS ARE EMPLOYED BY MACF AND PROVIDE SERVICES TO BOTH MACF AND ARF, A RELATED ENTITY, UNDER A SHARED SERVICES AGREEMENT. COLUMN (C) ("COMPENSATION) IS THE AMOUNT REPORTED AS TAXABLE COMPENSATION IN THE CURRENT YEAR, WHICH INCLUDES THE AMOUNT OF DEFERRED COMPENSATION THAT VESTED IN THE CURRENT YEAR. THIS COMPENSATION AMOUNTS WERE REPORTED AS DEFERRED COMPENSATION ON A PRIOR FORM 990-PF, RESULTING IN DOUBLE COUNTING OVER TIME. AMOUNTS REPORTED AS DEFERRED IN A PRIOR YEAR THAT ARE REQUIRED TO BE COUNTED AGAIN AS COMPENSATION IN THE CURRENT YEAR ARE:HEATHER KUKLA: $34,525NAOMI HORSAGER: $34,729SHAWN WISCHMEIER: $166,742 MICHAEL RUETZ: $74,473 RODNEY OVERCASH: $55,086 MATTHEW MINNIS: $48,566 TRICIA SCRIVNER: $53,331 CHRISTOPHER VOGT: $54,020 AMOUNTS REPORTED IN COLUMNS (D) ("CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS AND DEFERRED COMPENSATION") ARE EMPLOYER AND EMPLOYEE CONTRIBUTIONS TO QUALIFIED AND NON-QUALIFIED DEFERRED COMPENSATION PLANS. AMOUNTS REPORTED IN COLUMN (E) ("EXPENSE ACCOUNT, OTHER ALLOWANCES") ARE NON-TAXABLE EMPLOYEE BENEFITS, SUCH AS THE EMPLOYER-PROVIDED PORTION OF HEALTH INSURANCE. | |
| FORM 990PF, PART VI-B, LINE 1A(2) AND LINE 1A(4) | FORM 990PF, PART VI-B, LINE 1A(2)MARGARET A. CARGILL FOUNDATION HELD DEPOSITS FROM CERTAIN DISQUALIFIED PERSONS. NO INTEREST IS PAID ON THESE DEPOSITS.FORM 990PF, PART VI-B, LINE 1A(4)MARGARET A. CARGILL FOUNDATION AND ANNE RAY FOUNDATION SHARE OPERATIONS IN PURSUIT OF THEIR SHARED VISION IN ORDER TO MAXIMIZE ASSETS AVAILABLE FOR CHARITABLE GRANTMAKING. AS PART OF THE SHARED OPERATIONS, ALL STAFF LISTED IN PART VII ARE EMPLOYEES OF MARGARET A. CARGILL FOUNDATION. MARGARET A. CARGILL FOUNDATION PAYS DISQUALIFIED PERSONS, INCLUDING BOARD MEMBERS, OFFICERS, AND FOUNDATION MANAGERS, REASONABLE COMPENSATION FOR SERVICES PROVIDED TO IT.MARGARET A. CARGILL FOUNDATION OBTAINS AN INDEPENDENT COMPENSATION CONSULTANT'S REPORT THAT DOCUMENTS THE REASONABLENESS OF COMPENSATION TO BE PAID TO FOUNDATION MANAGERS, DIRECTORS, COMMITTEE MEMBERS AND CERTAIN OTHER EXECUTIVES. THE REPORT IS BASED ON PUBLISHED SURVEY DATA AS WELL AS FORM 990 DATA FOR COMPARABLE ORGANIZATIONS. THE REPORT IS PROVIDED TO THE FOUNDATION'S INDEPENDENT COMPENSATION COMMITTEE AND BOARD OF DIRECTORS. THE COMMITTEE AND BOARD REVIEW AND DISCUSS THE REPORT, INCLUDING THE DETERMINATION THAT COMPENSATION IS REASONABLE, BEFORE APPROVING COMPENSATION. | |
| FORM 990-PF, PART VI-A, LINE 11 | NAME OF CONTROLLED ENTITY: ANNE RAY FOUNDATIONEIN: 47-1036008ADDRESS: 6889 ROWLAND ROAD EDEN PRAIRIE, MN 55344ANNE RAY FOUNDATION IS NOT AN EXCESS BUSINESS HOLDING OF MARGARET A. CARGILL FOUNDATION. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CMO MELLON RESDNTL FDG CORP | 3,002 | 3,002 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 10X GENOMICS INC | 488 | 488 |
| 1ST INDL RLTY TR INC | 36,896 | 36,896 |
| 3M CO | 56,929 | 56,929 |
| 5TH 3RD BANCORP | 29,469 | 29,469 |
| A2A SPA | 229,889 | 229,889 |
| ABBOTT LAB | 153,943 | 153,943 |
| ABBVIE INC | 257,843 | 257,843 |
| ACADIA HEALTHCARE CO INC | 2,379 | 2,379 |
| ACCENTURE PLC CLS A | 194,188 | 194,188 |
| ACUITY INC | 8,180 | 8,180 |
| ADAIRS LIMITED | 65,029 | 65,029 |
| ADENTRA INC | 95,523 | 95,523 |
| ADOBE INC | 179,206 | 179,206 |
| ADR MATERIALISE NV | 288,035 | 288,035 |
| ADVANCE AUTO PTS INC | 2,033 | 2,033 |
| ADVANCED DRAIN SYS INC DEL | 6,820 | 6,820 |
| ADVANCED MICRO DEVICES INC | 162,825 | 162,825 |
| AE | 13,887 | 13,887 |
| AES CORP | 7,246 | 7,246 |
| AEW UK PLC ORD | 96,066 | 96,066 |
| AFFILIATED MANAGERS GROUP INC | 8,876 | 8,876 |
| AFFIRM HLDGS INC | 3,532 | 3,532 |
| AFLAC INC | 50,892 | 50,892 |
| AGCO CORP | 5,141 | 5,141 |
| AGILENT TECHNOLOGIES INC | 38,690 | 38,690 |
| AGNC INVT CORP | 3,887 | 3,887 |
| AGREE RLTY CORP | 5,636 | 5,636 |
| AICHI TOKEI DENKI JPY50 | 71,123 | 71,123 |
| AIPHONE CO LTD | 104,798 | 104,798 |
| AIR LEASE CORP | 14,704 | 14,704 |
| AIR PROD & CHEM INC | 56,848 | 56,848 |
| AIRBNB INC | 27,859 | 27,859 |
| AIRTEL AFRICA PLC ORD | 246,559 | 246,559 |
| AISAN INDUSTRY CO | 224,485 | 224,485 |
| AKAMAI TECHNOLOGIES INC | 621,629 | 621,629 |
| ALARM HLDGS INC | 1,361,069 | 1,361,069 |
| ALASKA AIR GROUP INC | 6,410 | 6,410 |
| ALBEMARLE CORP | 13,084 | 13,084 |
| ALBERTSONS COS INC | 8,740 | 8,740 |
| ALCOA CORPORATION | 2,682 | 2,682 |
| ALEXANDRIA REAL ESTATE EQUITIES INC | 13,657 | 13,657 |
| ALIGN TECHNOLOGY INC | 1,131,375 | 1,131,375 |
| ALLEGION PLC | 5,881 | 5,881 |
| ALLEGRO MICROSYSTEMS INC | 2,470 | 2,470 |
| ALLIANT ENERGY CORP | 16,500 | 16,500 |
| ALLISON TRANSMISSION HOLDING | 20,315 | 20,315 |
| ALLSTATE CORP | 48,005 | 48,005 |
| ALLY FINL INC | 9,183 | 9,183 |
| ALNYLAM PHARMACEUTICALS INC | 25,649 | 25,649 |
| ALPHABET INC | 1,811,061 | 1,811,061 |
| AMAZON INC | 1,826,422 | 1,826,422 |
| AMDOCS ORD | 33,801 | 33,801 |
| AMENTUM HLDGS INC | 6,036 | 6,036 |
| AMER ELEC PWR CO INC | 26,009 | 26,009 |
| AMER FINL GROUP INC | 8,216 | 8,216 |
| AMEREN CORP | 25,761 | 25,761 |
| AMERICAN AIRLINES INC | 9,534 | 9,534 |
| AMERICAN EXPRESS CO | 146,911 | 146,911 |
| AMERICAN INTERNATIONAL GROUP INC | 62,754 | 62,754 |
| AMERICAN TOWER CORP | 75,382 | 75,382 |
| AMERICAN WTR WKS CO INC | 28,633 | 28,633 |
| AMERICOLD RLTY TR INC | 7,362 | 7,362 |
| AMERIPRISE FINL INC | 30,349 | 30,349 |
| AMETEK INC | 14,421 | 14,421 |
| AMGEN INC | 123,283 | 123,283 |
| AMPHENOL CORP | 337,527 | 337,527 |
| ANALOG DEVICES INC | 93,907 | 93,907 |
| ANDRITZ AG (BR) | 167,372 | 167,372 |
| ANNALY CAPITAL MANAGEMENT INC | 5,399 | 5,399 |
| ANTERO MIDSTREAM CORPORATION | 31,644 | 31,644 |
| ANTERO RES CORP | 36,908 | 36,908 |
| AON PLC | 73,987 | 73,987 |
| APA CORP | 36,505 | 36,505 |
| APELLIS PHARMACEUTICALS INC | 4,563 | 4,563 |
| APOLLO GLOBAL MANAGEMENT INC | 75,808 | 75,808 |
| APPLE INC | 4,927,765 | 4,927,765 |
| APPLIED MATERIALS INC | 100,831 | 100,831 |
| APPLOVIN CORP | 74,805 | 74,805 |
| APTIV PLC | 19,112 | 19,112 |
| ARAMARK | 9,402 | 9,402 |
| ARATA CORPORATION | 116,989 | 116,989 |
| ARCH CAPITAL GROUP | 37,217 | 37,217 |
| ARCHER-DANIELS-MIDLAND CO | 35,566 | 35,566 |
| ARCS PANY LTD | 77,875 | 77,875 |
| ARES MANAGEMENT LP SHS REPSTG LTD PARTNER | 29,564 | 29,564 |
| ARISTA NETWORKS INC | 496,059 | 496,059 |
| ARMSTRONG WORLD INDS INC | 8,480 | 8,480 |
| ARROW ELECTR INC | 4,977 | 4,977 |
| ARTIS REAL ESTATE TRUST | 28,146 | 28,146 |
| ASHLAND INC | 6,789 | 6,789 |
| ASIA PILE HLDG CO | 222,618 | 222,618 |
| ASKA PHARMACEUTICA | 146,914 | 146,914 |
| ASML HOLDING NV | 1,324,766 | 1,324,766 |
| ASR NEDERLAND NV | 274,950 | 274,950 |
| ASSURANT INC | 14,499 | 14,499 |
| ASSURED GUARANTY LTD MON | 11,341 | 11,341 |
| AT&T INC | 168,179 | 168,179 |
| ATLASSIAN CORP | 30,666 | 30,666 |
| ATMOS ENERGY CORP | 19,916 | 19,916 |
| ATRESMEDIA CORP | 79,190 | 79,190 |
| ATRIA PLC | 82,757 | 82,757 |
| AUTODESK INC | 290,545 | 290,545 |
| AUTOMATIC DATA PROCESSING INC | 87,819 | 87,819 |
| AUTONATION INC | 7,303 | 7,303 |
| AUTOZONE INC | 1,348,042 | 1,348,042 |
| AVALONBAY CMNTYS | 4,619 | 4,619 |
| AVANTOR INC | 9,734 | 9,734 |
| AVERY DENNISON CORP | 19,836 | 19,836 |
| AVIS BUDGET GROUP INC | 1,290 | 1,290 |
| AVNET INC | 5,546 | 5,546 |
| AXALTA COATING SYSTEMS LTD | 8,623 | 8,623 |
| AXON ENTERPRISE INC | 36,848 | 36,848 |
| AZENTA INC | 2,700 | 2,700 |
| AZTECH GLOBAL LTD | 74,779 | 74,779 |
| B2 GOLD CORP | 107,201 | 107,201 |
| B3 CONSULTING GRP | 43,474 | 43,474 |
| BAKER HUGHES CO | 59,028 | 59,028 |
| BALL CORP | 16,208 | 16,208 |
| BANK NEW YORK MELLON CORP | 57,315 | 57,315 |
| BANK OF AMERICA CORP | 274,160 | 274,160 |
| BANK OZK | 4,319 | 4,319 |
| BATH & BODY WORKS INC | 10,972 | 10,972 |
| BAWAG GROUP AG | 352,929 | 352,929 |
| BAXTER INTL INC | 11,635 | 11,635 |
| BEACH ENERGY LTD | 43,790 | 43,790 |
| BECTON DICKINSON & CO | 57,852 | 57,852 |
| BEKAERT SA | 121,267 | 121,267 |
| BENTLEY SYS INC CL B CL B | 7,799 | 7,799 |
| BERKLEY W R CORP | 2,842,258 | 2,842,258 |
| BERKSHIRE HATHAWAY INC | 3,198,344 | 3,198,344 |
| BEST BUY INC | 12,698 | 12,698 |
| BETSSON AB B | 124,765 | 124,765 |
| BEZEQ ISRAEL TELCM | 138,594 | 138,594 |
| BIC (SOCIETE BIC S | 125,523 | 125,523 |
| BILIA AB SER'A' | 126,716 | 126,716 |
| BILL HOLDINGS INC | 7,624 | 7,624 |
| BIO RAD LABORATORIES INC | 6,570 | 6,570 |
| BIOGEN INC | 24,773 | 24,773 |
| BIOMARIN PHARMACEUTICAL INC | 14,789 | 14,789 |
| BIO-TECHNE CORP | 8,716 | 8,716 |
| BJS WHSL CLUB HLDGS INC | 9,203 | 9,203 |
| BLACKROCK INC | 153,767 | 153,767 |
| BLACKSTONE INC | 107,245 | 107,245 |
| BLOCK H & R INC | 10,251 | 10,251 |
| BLOCK INC | 37,396 | 37,396 |
| BLUE OWL CAP INC | 5,862 | 5,862 |
| BOK FINL CORP | 5,003 | 5,003 |
| BOOKING HLDGS INC | 168,926 | 168,926 |
| BOOZ ALLEN HAMILTON HLDG CORP | 1,274,902 | 1,274,902 |
| BORG WARNER INC | 5,150 | 5,150 |
| BOSTON BEER INC | 3,900 | 3,900 |
| BOSTON SCIENTIFIC CORP | 125,048 | 125,048 |
| BOYD GAMING CORP | 7,036 | 7,036 |
| BRDR A&O JOHANSEN | 32,743 | 32,743 |
| BRIGHT HORIZONS FA | 4,767 | 4,767 |
| BRIGHTHOUSE FINL INC | 4,035 | 4,035 |
| BRISTOL MYERS SQUIBB CO | 116,627 | 116,627 |
| BRIXMOR PPTY GROUP INC | 36,777 | 36,777 |
| BROAD INC | 914,377 | 914,377 |
| BROADRIDGE FINL SOLUTIONS INC | 30,974 | 30,974 |
| BROWN & BROWN INC | 3,133,136 | 3,133,136 |
| BROWN FORMAN CORP | 2,827 | 2,827 |
| BROWN-FORMAN INC CL B NON-VTG | 10,369 | 10,369 |
| BRUKER CORP | 5,745 | 5,745 |
| BRUNSWICK CORP | 13,065 | 13,065 |
| BUFFALO INC | 45,162 | 45,162 |
| BUILDERS FIRSTSOURCE INC | 19,296 | 19,296 |
| BUNGE GLOBAL SA F | 8,787 | 8,787 |
| BURLINGTON STORES INC | 23,660 | 23,660 |
| BWX TECHNOLOGIES INC | 14,147 | 14,147 |
| BXP INC | 12,418 | 12,418 |
| BYGGMAX GROUP AB | 60,982 | 60,982 |
| C H ROBINSON WORLDWIDE INC | 18,598 | 18,598 |
| CACI INTL INC | 12,122 | 12,122 |
| CADENCE DESIGN SYS INC | 72,411 | 72,411 |
| CAMDEN PPTY TR SH BEN INT | 15,201 | 15,201 |
| CANADIAN PAC KANS CITY LTD | 1,535,330 | 1,535,330 |
| CANADIAN TIRE LTD | 178,747 | 178,747 |
| CANTALOUPE INC | 375,731 | 375,731 |
| CAPITAL ONE FINL CORP | 36,912 | 36,912 |
| CAPRI HOLDINGS LTD | 4,338 | 4,338 |
| CARDINAL HLTH INC | 27,557 | 27,557 |
| CARE PLC | 108,642 | 108,642 |
| CARLISLE PANIES INC | 19,917 | 19,917 |
| CARLYLE GROUP INC | 7,018 | 7,018 |
| CARMAX INC | 9,729 | 9,729 |
| CARNIVAL CORP PAIRED | 30,078 | 30,078 |
| CARRIER GLOBAL CORPORATION | 50,444 | 50,444 |
| CARTER INC FORMERLY CARTER HLDGS INC | 3,251 | 3,251 |
| CARVANA CO | 18,506 | 18,506 |
| CASEYS GEN STORES INC | 18,623 | 18,623 |
| CAST CORP - | 148,319 | 148,319 |
| CATERPILLAR INC | 139,300 | 139,300 |
| CAVA GROUP INC | 7,219 | 7,219 |
| CBOE GLOBAL MARKETS INC | 15,437 | 15,437 |
| CBRE GROUP INC | 42,144 | 42,144 |
| CDW CORP | 1,763,721 | 1,763,721 |
| CELANESE CORP DEL | 8,167 | 8,167 |
| CENCORA INC | 33,028 | 33,028 |
| CENT ASIA METALS | 68,033 | 68,033 |
| CENTENE CORP DEL | 41,740 | 41,740 |
| CENTERPOINT ENERGY INC | 20,149 | 20,149 |
| CENTRAL GLASS CO | 111,962 | 111,962 |
| CES ENERGY SOLUTIO | 194,510 | 194,510 |
| CEVA INC | 361,342 | 361,342 |
| CF INDS HLDGS INC | 27,900 | 27,900 |
| CHARLES RIV LABORATORIES INTL INC | 9,045 | 9,045 |
| CHARTER MUNICATIONS INC | 32,220 | 32,220 |
| CHEMED CORP | 10,066 | 10,066 |
| CHEMOURS CO | 1,673 | 1,673 |
| CHEMRING GROUP ORD | 32,411 | 32,411 |
| CHENIERE ENERGY INC | 48,990 | 48,990 |
| CHINA AVIATION OIL | 82,164 | 82,164 |
| CHIPOTLE MEXICAN GRILL INC | 81,164 | 81,164 |
| CHOICE HOTELS INTL INC | 4,827 | 4,827 |
| CHORD ENERGY CORPORATION | 25,372 | 25,372 |
| CHUBB LTD ORD | 1,651,169 | 1,651,169 |
| CHURCH & DWIGHT INC | 19,476 | 19,476 |
| CHURCHILL DOWNS INC | 9,481 | 9,481 |
| CI FINANCIAL CORP | 263,599 | 263,599 |
| CIENA CORP | 16,368 | 16,368 |
| CIN FNCL CORP | 19,400 | 19,400 |
| CINTAS CORP | 1,833,212 | 1,833,212 |
| CIRRUS LOGIC INC | 3,784 | 3,784 |
| CISCO SYSTEMS INC | 207,378 | 207,378 |
| CITIGROUP INC | 99,672 | 99,672 |
| CITIZENS FINL GROUP INC | 26,475 | 26,475 |
| CIVITAS RES INC | 17,981 | 17,981 |
| CLEAN HBRS INC | 13,348 | 13,348 |
| CLEVELAND CLIFFS | 3,967 | 3,967 |
| CLIQ DIGITAL AG | 16,336 | 16,336 |
| CLOETTA AB SER'B' | 92,596 | 92,596 |
| CLOROX CO | 14,292 | 14,292 |
| CLOUDFLARE INC | 28,966 | 28,966 |
| CME GROUP INC | 73,385 | 73,385 |
| CMS ENERGY CORP | 17,262 | 17,262 |
| CNA FNCL CORP | 15,720 | 15,720 |
| CNH INDUSTRIAL NV | 17,176 | 17,176 |
| COCA COLA CO | 236,277 | 236,277 |
| COCA-COLA CONSOLIDATED INC | 303,658 | 303,658 |
| COFACE | 132,525 | 132,525 |
| COGECO MUNICATI SUB VTG SHS | 60,878 | 60,878 |
| COGNEX CORP | 588,498 | 588,498 |
| COGNIZANT TECH SOLUTIONS CORP | 39,911 | 39,911 |
| COHERENT CORP | 15,915 | 15,915 |
| COHERUS ONCOLOGY INC | 44,847 | 44,847 |
| COINBASE GLOBAL INC | 40,721 | 40,721 |
| COLGATE-PALMOLIVE CO | 76,637 | 76,637 |
| COLUMBIA SPORTSWEAR CO | 3,777 | 3,777 |
| CONCENTRIX CORP | 2,293 | 2,293 |
| CONFLUENT INC | 2,628 | 2,628 |
| CONS EDISON INC | 21,683 | 21,683 |
| CONSTELLATION BRANDS INC | 29,614 | 29,614 |
| CONSTELLATION ENERGY CORPORATION | 67,113 | 67,113 |
| CONSUN PHARMACEUTI | 146,886 | 146,886 |
| COPART INC | 46,945 | 46,945 |
| CORE & MAIN INC | 1,146,239 | 1,146,239 |
| CORE LABORATORIES INC | 618,452 | 618,452 |
| COREBRIDGE FINL INC | 10,146 | 10,146 |
| CORNING INC | 36,733 | 36,733 |
| CORPAY INC | 28,766 | 28,766 |
| CORTEVA INC WI | 32,752 | 32,752 |
| COSTAR GROUP INC | 27,347 | 27,347 |
| COSTCO WHOLESALE CORP | 6,735,501 | 6,735,501 |
| COTERRA ENERGY INC | 596,027 | 596,027 |
| COTY INC | 3,981 | 3,981 |
| COUPANG INC | 26,860 | 26,860 |
| COUSINS PPTYS INC | 1,195 | 1,195 |
| CRANE CO | 5,160 | 5,160 |
| CRANE NXT CO | 2,096 | 2,096 |
| CRESCO LTD | 121,993 | 121,993 |
| CRH ORD | 1,339,320 | 1,339,320 |
| CROCS INC | 3,614 | 3,614 |
| CROWDSTRIKE HLDGS INC | 67,748 | 67,748 |
| CROWN CASTLE INC | 18,061 | 18,061 |
| CROWN HLDGS INC | 9,261 | 9,261 |
| CSE GLOBAL LTD | 37,874 | 37,874 |
| CSX CORP | 67,057 | 67,057 |
| CULLEN / FROST BANKERS INC | 7,921 | 7,921 |
| CUMMINS INC | 57,868 | 57,868 |
| CURTISS WRIGHT CORP | 34,068 | 34,068 |
| CVS HEALTH CORP | 60,646 | 60,646 |
| D R HORTON INC | 52,013 | 52,013 |
| DAI NIPPON TORYO | 54,667 | 54,667 |
| DAITRON CO LTD | 144,795 | 144,795 |
| DALATA HOTEL GROUP ORD | 113,641 | 113,641 |
| DANAHER CORP | 130,844 | 130,844 |
| DARDEN RESTAURANTS INC | 29,684 | 29,684 |
| DARLING INGREDIENTS INC | 4,043 | 4,043 |
| DATADOG INC | 37,580 | 37,580 |
| DAVITA INC | 10,319 | 10,319 |
| DAWNRAYS PHARMS | 64,707 | 64,707 |
| DAYFORCE INC | 6,610 | 6,610 |
| DECKERS OUTDOOR CORP | 26,808 | 26,808 |
| DEERE & CO | 1,694,800 | 1,694,800 |
| DELL TECHNOLOGIES INC CL C WI | 33,420 | 33,420 |
| DELTA AIR LINES INC DEL | 31,460 | 31,460 |
| DEUTSCHE PFAND AG | 50,076 | 50,076 |
| DEUTZ AG | 98,680 | 98,680 |
| DEVON ENERGY CORP | 31,454 | 31,454 |
| DEX INC | 35,696 | 35,696 |
| DFDS AS DKK20 | 50,051 | 50,051 |
| DIAMONDBACK ENERGY INC | 47,675 | 47,675 |
| DICKS SPORTING GOODS INC | 17,621 | 17,621 |
| DIGITAL RLTY TR INC | 50,362 | 50,362 |
| DOCUSIGN INC | 23,474 | 23,474 |
| DOLBY LABORATORIES INC | 465,632 | 465,632 |
| DOLLAR GEN CORP | 18,576 | 18,576 |
| DOLLAR TREE INC | 20,234 | 20,234 |
| DOMINION ENERGY INC | 35,548 | 35,548 |
| DOMINOS PIZZA INC | 11,334 | 11,334 |
| DONALDSON INC | 17,780 | 17,780 |
| DOORDASH INC | 51,164 | 51,164 |
| DOUBLEVERIFY HLDGS INC | 79,107 | 79,107 |
| DOVER CORP | 44,461 | 44,461 |
| DOW INC | 44,143 | 44,143 |
| DOXIMITY INC | 7,475 | 7,475 |
| DRAFTKINGS INC | 15,810 | 15,810 |
| DRAX GROUP ORD | 237,786 | 237,786 |
| DROPBOX INC | 10,154 | 10,154 |
| DT MIDSTREAM INC | 31,420 | 31,420 |
| DTE ENERGY CO | 18,837 | 18,837 |
| DUKE ENERGY CORP | 54,840 | 54,840 |
| DUN & BRADSTREET HLDGS INC | 14,653 | 14,653 |
| DUNDEE PREC METALS | 185,091 | 185,091 |
| DUNI AB | 94,733 | 94,733 |
| DUOLINGO INC | 12,645 | 12,645 |
| DUPONT DE NEMOURS INC | 26,840 | 26,840 |
| DXC TECHNOLOGY CO | 6,733 | 6,733 |
| DYNATRACE INC | 23,968 | 23,968 |
| E L F BEAUTY INC | 3,515 | 3,515 |
| EAGERS AUTOMOTIVE LTD | 124,623 | 124,623 |
| EAGLE MATLS INC | 11,598 | 11,598 |
| EAST WEST BANCORP INC | 11,204 | 11,204 |
| EASTMAN CHEM CO | 8,219 | 8,219 |
| EATON CORP PLC | 2,485,374 | 2,485,374 |
| EBAY INC | 38,781 | 38,781 |
| ECOLAB INC | 56,237 | 56,237 |
| ECONO GROUP | 59,063 | 59,063 |
| ECO'S CO LTD | 81,741 | 81,741 |
| EDISON INTL | 4,551 | 4,551 |
| EDWARDS LIFESCIENCES CORP | 39,088 | 39,088 |
| EFG INTERNATIONAL AG | 236,698 | 236,698 |
| EGAIN CORPORATION | 153,887 | 153,887 |
| EINHELL GERMANY AG | 58,713 | 58,713 |
| ELANCO ANIMAL HEALTH INC | 5,219 | 5,219 |
| ELASTIC N V | 10,304 | 10,304 |
| ELECTR ARTS | 32,186 | 32,186 |
| ELEMATEC CORP | 57,788 | 57,788 |
| ELEMENT SOLUTION INC | 7,222 | 7,222 |
| ELEVANCE HEALTH INC | 75,256 | 75,256 |
| ELI LILLY & CO | 531,136 | 531,136 |
| ELMOS SEMICONDUCT | 98,580 | 98,580 |
| EMAK | 62,683 | 62,683 |
| EMCOR GROUP INC | 25,418 | 25,418 |
| EMECO HOLD LIMITED | 108,602 | 108,602 |
| EMERSON ELECTRIC CO | 44,367 | 44,367 |
| EMPIRE CO CLASS'A'N/VTG | 173,949 | 173,949 |
| ENOVIS CORPORATION | 3,335 | 3,335 |
| ENPASS HEALTH CORP | 11,359 | 11,359 |
| ENPHASE ENERGY INC | 11,813 | 11,813 |
| ENTEGRIS INC | 10,302 | 10,302 |
| ENTERGY CORP | 24,414 | 24,414 |
| ENVISTA HLDGS CORP | 2,546 | 2,546 |
| EOG RESOURCES INC | 89,974 | 89,974 |
| EPAM SYS INC | 16,601 | 16,601 |
| EQT CORP | 39,839 | 39,839 |
| EQTY LIFESTYLE PPTYS INC | 9,990 | 9,990 |
| EQTY RESDNTL | 21,815 | 21,815 |
| EQUIFAX INC | 32,111 | 32,111 |
| EQUINIX INC | 97,118 | 97,118 |
| EQUITABLE HLDGS INC | 11,509 | 11,509 |
| ERICA INC | 6,247 | 6,247 |
| ESAB CORPORATION | 4,438 | 4,438 |
| ESPRINET | 45,223 | 45,223 |
| ESSENTIAL UTILS INC | 14,673 | 14,673 |
| ESSEX PPTY TR | 21,123 | 21,123 |
| ESTEE LAUDER PANIES INC | 19,270 | 19,270 |
| EUROCELL PLC ORD | 72,386 | 72,386 |
| EURONET WORLDWIDE INC | 6,170 | 6,170 |
| EUROPRIS ASA | 184,993 | 184,993 |
| EVERCORE INC | 12,474 | 12,474 |
| EVEREST GROUP LTD | 15,948 | 15,948 |
| EVERGY INC | 6,032 | 6,032 |
| EVERSOURCE ENERGY | 21,421 | 21,421 |
| EVERUS CONSTR GROUP INC | 3,419 | 3,419 |
| EXACT SCIENCES CORP | 6,012 | 6,012 |
| EXEDY CORP | 117,587 | 117,587 |
| EXELIXIS INC | 9,391 | 9,391 |
| EXELON CORP | 38,807 | 38,807 |
| EXPAND ENERGY CORP | 1,913,550 | 1,913,550 |
| EXPEDIA GROUP INC | 20,869 | 20,869 |
| EXPEDITORS INTL WASH INC | 14,068 | 14,068 |
| EXTRA SPACE STORAGE INC | 40,392 | 40,392 |
| F5 INC | 17,351 | 17,351 |
| FACTSET RESH SYS INC | 19,691 | 19,691 |
| FAES FARMA SA | 106,459 | 106,459 |
| FAIR ISAAC CORPORATION | 41,810 | 41,810 |
| FASTENAL CO | 38,616 | 38,616 |
| FEDEX CORP | 56,266 | 56,266 |
| FERGUSON ENTERPRISES INC | 29,680 | 29,680 |
| FERREXPO PLC ORD | 35,226 | 35,226 |
| FIDELITY NATL FINL INC | 20,547 | 20,547 |
| FIDELITY NATL INFORMATION SVCS INC | 55,651 | 55,651 |
| FINNING INTL INC | 188,040 | 188,040 |
| FIRST AMERN FINL CORP | 7,867 | 7,867 |
| FIRST CTZNS BANCSHARES INC | 25,356 | 25,356 |
| FIRST HAWAIIAN INC | 5,605 | 5,605 |
| FIRST HORIZON CORPORATION | 11,440 | 11,440 |
| FIRST SOLAR INC | 24,145 | 24,145 |
| FIRSTENERGY CORP | 21,282 | 21,282 |
| FIRSTGROUP ORD | 117,939 | 117,939 |
| FISERV INC | 84,838 | 84,838 |
| FIVE BELOW INC | 710,579 | 710,579 |
| FIVE9 INC | 3,576 | 3,576 |
| FJ NEXT HOLDINGS CO LTD | 127,246 | 127,246 |
| FLOOR & DECOR HLDGS INC | 507,672 | 507,672 |
| FLOWERS FOODS INC | 17,478 | 17,478 |
| FMC CORP | 7,729 | 7,729 |
| FOOD EMPIRE HOLDIN | 90,205 | 90,205 |
| FORD MTR CO DEL | 45,986 | 45,986 |
| FORTINET INC | 52,436 | 52,436 |
| FORTIVE CORP | 23,175 | 23,175 |
| FORTREA HLDGS INC | 2,089 | 2,089 |
| FORTUNE BRANDS INNOVATIONS INC | 5,056 | 5,056 |
| FOX CORP | 8,187 | 8,187 |
| FOX CORP | 6,607 | 6,607 |
| FOX FACTORY HLDG CORP | 92,263 | 92,263 |
| FRASERS GROUP | 104,491 | 104,491 |
| FREENET AG - ORD SHS | 128,330 | 128,330 |
| FREEPORT-MCMORAN INC | 48,400 | 48,400 |
| FRESHPET INC | 6,517 | 6,517 |
| FRKLN RES INC | 5,357 | 5,357 |
| FRONTIER MUNICATIONS PARENT INC | 10,688 | 10,688 |
| FTI CONSULTING INC | 10,894 | 10,894 |
| FUJI PHARMA CO LTD | 69,186 | 69,186 |
| FUKOKU CO LTD | 50,199 | 50,199 |
| FUKUDA DENSHI CO | 143,402 | 143,402 |
| FUKUOKA CORP | 73,810 | 73,810 |
| FURUNO ELECTRIC CO | 49,545 | 49,545 |
| GALLAGHER ARTHUR J & CO | 4,761,868 | 4,761,868 |
| GAMESTOP CORP | 4,388 | 4,388 |
| GAMING & LEISURE PPTYS INC | 13,148 | 13,148 |
| GAP INC | 6,356 | 6,356 |
| GARMIN LTD | 864,848 | 864,848 |
| GARTNER INC | 49,900 | 49,900 |
| GE AEROSPACE | 159,952 | 159,952 |
| GE HEALTHCARE TECHNOLOGIES INC | 31,272 | 31,272 |
| GE VERNOVA LLC | 78,614 | 78,614 |
| GEN DIGITAL INC | 15,141 | 15,141 |
| GEN MTRS CO | 57,478 | 57,478 |
| GENERAC HLDGS INC | 296,766 | 296,766 |
| GENERAL DYNAMICS CORP | 56,387 | 56,387 |
| GENERAL MILLS INC | 57,138 | 57,138 |
| GENPACT LIMITED | 8,891 | 8,891 |
| GENTEX CORP | 532,683 | 532,683 |
| GENTHERM INC | 608,657 | 608,657 |
| GENUINE PARTS CO | 28,139 | 28,139 |
| GEOSPACE TECHNOLOGIES CORP | 270,029 | 270,029 |
| GESTAMP AUTOMOCION | 62,147 | 62,147 |
| GFT TECHNOLOGIES SE | 89,250 | 89,250 |
| GILEAD SCIENCES INC | 107,981 | 107,981 |
| GITLAB INC | 3,437 | 3,437 |
| GLOBAL PMTS INC | 37,428 | 37,428 |
| GLOBALFOUNDRIES INC | 772 | 772 |
| GLOBANT | 7,076 | 7,076 |
| GLOBE LIFE INC | 10,483 | 10,483 |
| GLOBUS MED INC | 7,940 | 7,940 |
| GODADDY INC | 22,895 | 22,895 |
| GOLDMAN SACHS GROUP INC | 140,865 | 140,865 |
| GRACO INC | 75,018 | 75,018 |
| GRAIL INC | 607 | 607 |
| GRAINGER W W INC | 42,162 | 42,162 |
| GRAND CANYON ED INC | 7,043 | 7,043 |
| GRAPHIC PACKAGING HLDG CO | 19,365 | 19,365 |
| GROCERY OUTLET HLDG CORP | 952 | 952 |
| GROUPE GUILLIN | 96,876 | 96,876 |
| GUIDEWIRE SOFTWARE INC | 11,295 | 11,295 |
| GUNMA BANK | 164,146 | 164,146 |
| GXO LOGISTICS INC | 3,872 | 3,872 |
| HALFORDS GROUP ORD | 62,344 | 62,344 |
| HALLIBURTON CO | 41,873 | 41,873 |
| HAMAKYOREX CO LTD | 144,205 | 144,205 |
| HANOVER INS GROUP INC | 6,960 | 6,960 |
| HANWA CO LTD | 120,412 | 120,412 |
| HAREL INS INVS | 157,657 | 157,657 |
| HARLEY DAVIDSON | 5,122 | 5,122 |
| HARVEY NORMAN HLDG | 85,297 | 85,297 |
| HASBRO INC | 9,337 | 9,337 |
| HCA HEALTHCARE INC | 50,425 | 50,425 |
| HEALTHCARE REALTY TRUST INC | 4,356 | 4,356 |
| HEALTHPEAK OP LLC | 7,743 | 7,743 |
| HEICO CORP | 26,151 | 26,151 |
| HEICO CORP | 32,936 | 32,936 |
| HELIA GROUP LTD | 105,722 | 105,722 |
| HENRY SCHEIN INC | 10,588 | 10,588 |
| HERMES INTL | 2,851,655 | 2,851,655 |
| HERSHEY PANY | 27,096 | 27,096 |
| HESS CORP | 42,430 | 42,430 |
| HEWLETT PACKARD ENTERPRISE CO | 25,876 | 25,876 |
| HEXCEL CORP | 13,167 | 13,167 |
| HF SINCLAIR CORPORATION | 20,119 | 20,119 |
| HIGHWOODS PPTYS INC | 5,688 | 5,688 |
| HIKMA PHARMACEUTIC ORD | 119,810 | 119,810 |
| HILTON WORLDWIDE HLDGS INC | 44,242 | 44,242 |
| HOKKAIDO GAS CO | 106,516 | 106,516 |
| HOLOGIC INC | 19,104 | 19,104 |
| HOME DEPOT INC | 4,003,874 | 4,003,874 |
| HONEYWELL INTL INC | 110,912 | 110,912 |
| HORMEL FOODS CORP | 10,760 | 10,760 |
| HORNBACH HLDG KGAA | 135,319 | 135,319 |
| HOSOKAWA MICRON CO | 126,053 | 126,053 |
| HOST HOTELS & RESORTS INC | 9,654 | 9,654 |
| HOULIHAN LOKEY INC | 10,246 | 10,246 |
| HOWARD HUGHES HLDGS INC | 4,231 | 4,231 |
| HOWMET AEROSPACE INC | 38,170 | 38,170 |
| HP INC | 36,448 | 36,448 |
| HUBBELL INC | 23,877 | 23,877 |
| HUBSPOT INC | 32,748 | 32,748 |
| HUMANA AB | 94,213 | 94,213 |
| HUMANA INC | 37,295 | 37,295 |
| HUNT J B TRANS SVCS INC | 11,434 | 11,434 |
| HUNTINGTON BANCSHARES INC | 33,907 | 33,907 |
| HUNTINGTON INGALLS INDS INC | 23,999 | 23,999 |
| HUNTSMAN CORP | 4,129 | 4,129 |
| HYATT HOTELS CORP | 12,715 | 12,715 |
| I MOBILE CO LTD | 120,260 | 120,260 |
| IA FINANCIAL CORP | 463,496 | 463,496 |
| IAC INC | 3,839 | 3,839 |
| IDACORP INC | 6,994 | 6,994 |
| IDEX CORP | 17,999 | 17,999 |
| IDEXX LABS INC | 21,085 | 21,085 |
| IDOM INC | 50,464 | 50,464 |
| ILEX MEDICAL | 69,686 | 69,686 |
| ILL TOOL WKS INC | 54,515 | 54,515 |
| ILLUMINA INC | 17,639 | 17,639 |
| IMM GRANDE DISTRIB | 65,754 | 65,754 |
| INCYTE CORP | 10,015 | 10,015 |
| INDRA SISTEMAS SA SER 'A' | 153,181 | 153,181 |
| INFOTEL | 40,260 | 40,260 |
| INGERSOLL RAND INC | 11,217 | 11,217 |
| INGREDION INC | 11,280 | 11,280 |
| INMODE LTD | 237,892 | 237,892 |
| INNOTECH CORP | 66,191 | 66,191 |
| INSULET CORP | 9,921 | 9,921 |
| INTEL CORP | 88,180 | 88,180 |
| INTERACTIVE BROKERS GROUP INC CL | 14,664 | 14,664 |
| INTERCONTINENTAL EXCHANGE INC | 56,326 | 56,326 |
| INTERDIGITAL INC | 1,956,572 | 1,956,572 |
| INTERNATIONAL BUSINESS MACHS CORP | 3,199,845 | 3,199,845 |
| INTERPUBLIC GROUP PANIES INC | 13,730 | 13,730 |
| INTL FLAVORS & FRAGRANCES INC | 25,619 | 25,619 |
| INTL PAPER CO | 23,896 | 23,896 |
| INTUIT | 319,278 | 319,278 |
| INTUITIVE SURGICAL INC | 392,514 | 392,514 |
| INVESCO LTD | 5,733 | 5,733 |
| INVESTEC ORD | 139,668 | 139,668 |
| INVITATION HOMES INC | 8,312 | 8,312 |
| INWIDO AB | 105,767 | 105,767 |
| IONIS PHARMACEUTICALS INC | 6,712 | 6,712 |
| IPG PHOTONICS CORP | 209,361 | 209,361 |
| IPSEN SA | 149,019 | 149,019 |
| IQVIA HLDGS INC | 37,140 | 37,140 |
| IREN SPA | 172,482 | 172,482 |
| IRIDIUM MUNICATIONS INC | 1,509 | 1,509 |
| IRON MTN INC | 36,683 | 36,683 |
| ITOHAM YONEKYU HOLDINGS | 94,238 | 94,238 |
| ITT INC | 14,860 | 14,860 |
| IYOGIN HOLDINGS IN | 184,599 | 184,599 |
| JABIL INC | 11,512 | 11,512 |
| JACK HENRY & ASSOC INC | 16,128 | 16,128 |
| JACOBS SOLUTIONS INC | 38,349 | 38,349 |
| JANUS HENDERSON GROUP PLC | 12,589 | 12,589 |
| JAPAN LIFELINE CO | 121,088 | 121,088 |
| JAPAN OIL TRANS | 21,609 | 21,609 |
| JAPAN PULP & PAPER | 143,834 | 143,834 |
| JAZZ PHARMACEUTICALS PLC | 13,423 | 13,423 |
| JOHNSON & JOHNSON | 289,529 | 289,529 |
| JOHNSON CTLS INTL PLC | 28,099 | 28,099 |
| JONES LANG LASALLE INC | 13,670 | 13,670 |
| JPMORGAN CHASE & CO | 587,290 | 587,290 |
| JUNGHEINRICH NON-VTG PRF | 119,569 | 119,569 |
| JUPITER FUND MGT ORD | 57,983 | 57,983 |
| JUPITER MINES LIMITED | 41,243 | 41,243 |
| JVCKENWOOD CORPORA | 218,924 | 218,924 |
| KAGA ELECTRONICS | 132,629 | 132,629 |
| KAMEI CORP | 94,905 | 94,905 |
| KANAMOTO CO LTD | 128,277 | 128,277 |
| KAUFMAN & BROAD SA | 91,285 | 91,285 |
| KBC ANCORA | 219,630 | 219,630 |
| KBR INC | 5,040 | 5,040 |
| KELLER GROUP PLC ORD | 154,358 | 154,358 |
| KEMIRA OYJ | 244,577 | 244,577 |
| KENKO MAYONNAISE | 163,706 | 163,706 |
| KENVUE INC | 42,145 | 42,145 |
| KEPPEL PACIFIC OAK | 30,258 | 30,258 |
| KEURIG DR PEPPER INC | 29,293 | 29,293 |
| KEYSIGHT TECHNOLOGIES INC | 17,348 | 17,348 |
| KILROY RLTY CORP | 5,946 | 5,946 |
| KIMBERLY-CLARK CORP | 71,941 | 71,941 |
| KIMCO REALTY CORPORATION | 22,423 | 22,423 |
| KINDER MORGAN INC DEL | 70,802 | 70,802 |
| KINGBOARD HOLDINGS LTD | 72,143 | 72,143 |
| KINGFISHER ORD | 153,244 | 153,244 |
| KIRBY CORP | 4,867 | 4,867 |
| KITANO CONST CORP | 49,650 | 49,650 |
| KITZ CORPORATION | 112,861 | 112,861 |
| KKR & CO INC | 82,978 | 82,978 |
| KLA CORPORATION | 90,737 | 90,737 |
| KNIGHT-SWIFT TRANSN HLDGS INC CLASSA | 10,396 | 10,396 |
| KNOWIT AB | 19,983 | 19,983 |
| KONECRANES OYJ | 240,816 | 240,816 |
| KORNIT DIGITAL LTD | 1,353,227 | 1,353,227 |
| KRAFT HEINZ CO | 35,716 | 35,716 |
| KROGER CO | 1,173,407 | 1,173,407 |
| KRONES AG ORD | 223,668 | 223,668 |
| KURABO INDUSTRIES | 142,689 | 142,689 |
| KYNDRYL HLDGS INC | 2,353 | 2,353 |
| L3HARRIS TECHNOLOGIES INC | 56,355 | 56,355 |
| LABCORP HLDGS INC | 21,785 | 21,785 |
| LAM RESH CORP | 98,883 | 98,883 |
| LAMAR ADVERTISING CO | 13,148 | 13,148 |
| LAMB WESTON HLDGS INC USD5 | 14,703 | 14,703 |
| LANDSTAR SYS INC | 165,845 | 165,845 |
| LAS VEGAS SANDS CORP | 20,339 | 20,339 |
| LASSILA & TIKANOJA | 57,861 | 57,861 |
| LATTICE SEMICONDUCTOR CORP | 6,628 | 6,628 |
| LAURENTIAN BNK CDA | 56,382 | 56,382 |
| LEAR CORP | 10,228 | 10,228 |
| LEGGETT & PLATT INC | 480 | 480 |
| LEIDOS HLDGS INC | 21,177 | 21,177 |
| LENNAR CORP | 633,575 | 633,575 |
| LENNOX INTL INC | 21,935 | 21,935 |
| LEONS FURNITURE | 89,626 | 89,626 |
| LEOPALACE 21 CORP | 87,768 | 87,768 |
| LEROY SEAFOOD GROU | 116,003 | 116,003 |
| LGI HOMES INC | 762,224 | 762,224 |
| LIBERTY BROADBAND CORP SER C SERC | 6,579 | 6,579 |
| LIBERTY MEDIA CORP DEL LIBERTY FORMULA ONE SER C | 25,296 | 25,296 |
| LIBERTY MEDIA CORP DEL LIBERTY LIVE SER A | 2,196 | 2,196 |
| LIBERTY MEDIA CORP DEL LIBERTY LIVE SER C | 2,382 | 2,382 |
| LIECHTENSTEINISCHE LANDESBANK AG CHF | 108,601 | 108,601 |
| LIGHT & WONDER INC | 4,924 | 4,924 |
| LINAMAR CORP | 118,461 | 118,461 |
| LINCOLN ELEC HLDGS INC | 11,623 | 11,623 |
| LINCOLN NATL CORP | 5,327 | 5,327 |
| LINDE PLC | 159,095 | 159,095 |
| LINDSAY AUSTRALIA LTD | 75,142 | 75,142 |
| LITHIA MTRS INC | 7,506 | 7,506 |
| LIVE NATION ENTERTAINMENT INC | 23,051 | 23,051 |
| LKQ CORP LKQ CORP | 6,137 | 6,137 |
| LOEWS CORP | 19,817 | 19,817 |
| LOGISTA INTEGRAL S A | 266,082 | 266,082 |
| LOREAL | 3,184,455 | 3,184,455 |
| LOUISIANA-PACIFIC CORP | 9,423 | 9,423 |
| LOWES COS INC | 112,294 | 112,294 |
| LPL FINL HLDGS INC | 37,222 | 37,222 |
| LUCECO PLC ORD | 57,891 | 57,891 |
| LULULEMON ATHLETICA INC | 50,096 | 50,096 |
| LUMENTUM HLDGS INC | 7,136 | 7,136 |
| LYFT INC | 2,890 | 2,890 |
| LYONDELLBASELL IND N V CL 'A' | 17,008 | 17,008 |
| M & T BK CORP | 43,430 | 43,430 |
| M BANCSHARES INC | 11,652 | 11,652 |
| MACMAHON HLDGS | 185,881 | 185,881 |
| MACNICA HOLDINGS INC | 220,765 | 220,765 |
| MACYS INC | 5,062 | 5,062 |
| MADISON SQUARE GARDEN SPORTS CORP | 8,576 | 8,576 |
| MAN GROUP PLC (N) ORD | 138,554 | 138,554 |
| MANHATTAN ASSOCS INC | 21,079 | 21,079 |
| MANPOWERGROUP INC | 3,117 | 3,117 |
| MAPLEBEAR INC | 7,580 | 7,580 |
| MARKEL GROUP INC | 22,441 | 22,441 |
| MARKETAXESS HLDGS INC | 8,363 | 8,363 |
| MARRIOTT INTL INC | 51,883 | 51,883 |
| MARRIOTT VACATIONS WORLDWIDE CORP | 4,131 | 4,131 |
| MARSH & MCLENNAN CO'S INC | 114,914 | 114,914 |
| MARTIN MARIETTA MATLS INC | 25,825 | 25,825 |
| MARTINREA INTL INC | 85,923 | 85,923 |
| MARUZEN SHOWA UNYU | 151,623 | 151,623 |
| MARVELL TECHNOLOGY INC | 83,390 | 83,390 |
| MASCO CORP | 20,320 | 20,320 |
| MASIMO CORP | 1,984 | 1,984 |
| MASTERCARD INCORPORATED CLASS A | 6,592,656 | 6,592,656 |
| MATADOR RES CO | 27,061 | 27,061 |
| MATCH GROUP INC | 6,869 | 6,869 |
| MATTEL INC STOCK | 7,269 | 7,269 |
| MC CORMICK & CO INC NON-VTG | 14,562 | 14,562 |
| MC DONALDS CORP | 164,947 | 164,947 |
| MCBRIDE ORD | 63,025 | 63,025 |
| MCJ CO LTD | 90,395 | 90,395 |
| MCKESSON CORP | 75,798 | 75,798 |
| MDU RES GROUP INC | 3,748 | 3,748 |
| MEDICAL FAC CORP | 129,161 | 129,161 |
| MEDICAL PPTYS TR INC | 1,236 | 1,236 |
| MEDPACE HLDGS INC | 9,967 | 9,967 |
| MEDTRONIC PLC | 597,103 | 597,103 |
| MERCK & CO INC | 227,013 | 227,013 |
| MERSEN EUR2 | 41,233 | 41,233 |
| META PLATFORMS INC | 1,130,620 | 1,130,620 |
| METLIFE INC | 24,236 | 24,236 |
| METTLER-TOLEDO INTL INC | 30,592 | 30,592 |
| MFE-MEDIAFOREUROPE N.V. | 60,300 | 60,300 |
| MICROCHIP TECHNOLOGY INC | 416,992 | 416,992 |
| MICRON TECH INC | 79,868 | 79,868 |
| MICROSOFT CORP | 10,316,182 | 10,316,182 |
| MICROSTRATEGY INC | 37,071 | 37,071 |
| MID-AMER APT CMNTYS INC | 31,841 | 31,841 |
| MIDDLEBY CORP | 6,773 | 6,773 |
| MILLERKNOLL INC | 278,083 | 278,083 |
| MIMEDX GROUP INC | 124,887 | 124,887 |
| MIQUEL Y COSTAS | 117,434 | 117,434 |
| MIRAIT ONE CORPORATION | 130,363 | 130,363 |
| MITIE GROUP ORD | 173,032 | 173,032 |
| MITSUBISHI HC CAP. | 325,675 | 325,675 |
| MITSUBISHI SHOKUHI | 111,797 | 111,797 |
| MITSUI-SOKO HOLDINGS CO LTD | 94,426 | 94,426 |
| MIYAJI ENGINEERING | 109,716 | 109,716 |
| MIZUHO LEASING CO | 154,543 | 154,543 |
| MKS INC | 5,741 | 5,741 |
| MLP VIPER ENERGY INC | 7,704 | 7,704 |
| MODERN DENTAL GROUP LIMITED | 138,168 | 138,168 |
| MODERNA INC | 15,800 | 15,800 |
| MOHAWK INDS INC | 5,242 | 5,242 |
| MOLINA HEALTHCARE INC | 22,411 | 22,411 |
| MOLSON COORS BEVERAGE PANY CLASS B | 6,420 | 6,420 |
| MONDELEZ INTL INC | 54,772 | 54,772 |
| MONGODB INC | 16,530 | 16,530 |
| MONOLITHIC PWR SYS INC | 24,851 | 24,851 |
| MONSTER BEVERAGE CORP | 36,004 | 36,004 |
| MOODYS CORP | 2,624,837 | 2,624,837 |
| MORGAN STANLEY | 110,508 | 110,508 |
| MORNINGSTAR INC | 6,735 | 6,735 |
| MOSAIC CO/THE | 4,818 | 4,818 |
| MOTOROLA SOLUTIONS INC | 89,673 | 89,673 |
| MP MATERIALS CORP | 265 | 265 |
| MSA SAFETY INC | 7,128 | 7,128 |
| MSC INDL DIRECT INC | 226,385 | 226,385 |
| MSCI INC | 53,401 | 53,401 |
| MULLEN GROUP LTD | 177,409 | 177,409 |
| MURPHY USA INC | 1,999,474 | 1,999,474 |
| MYRIAD GENETICS INC | 332,454 | 332,454 |
| N AMERN CONSTR GR | 71,085 | 71,085 |
| NASDAQ INC | 28,064 | 28,064 |
| NATERA INC | 19,154 | 19,154 |
| NATIONAL STORAGE AFFILIATES | 4,246 | 4,246 |
| NATL FUEL GAS CO | 15,595 | 15,595 |
| NAVIGATOR P | 104,460 | 104,460 |
| NCINO INC | 6,817 | 6,817 |
| NETFLIX INC | 2,577,697 | 2,577,697 |
| NEUROCRINE BIOSCIENCES INC | 14,060 | 14,060 |
| NEW FORTRESS INC | 7,258 | 7,258 |
| NEW YORK TIMES CO | 7,964 | 7,964 |
| NEWELL BRANDS INC | 4,751 | 4,751 |
| NEWMARKET CORP | 11,624 | 11,624 |
| NEWMONT CORPORATION | 56,016 | 56,016 |
| NEWS CORP | 13,164 | 13,164 |
| NEXSTAR MEDIA GROUP INC | 316 | 316 |
| NEXTERA ENERGY INC | 133,558 | 133,558 |
| NGK INSULATORS LTD | 106,311 | 106,311 |
| NICHIAS CORP | 124,669 | 124,669 |
| NIHON CHOUZAI CO | 111,176 | 111,176 |
| NIKE INC CL B | 75,443 | 75,443 |
| NIPPON EXPRESS HLD | 127,903 | 127,903 |
| NIPPON SEISEN CO | 115,106 | 115,106 |
| NIPPON SODA CO LTD | 74,014 | 74,014 |
| NISOURCE INC | 28,636 | 28,636 |
| NISSHIN GROUP HLDG | 12,912 | 12,912 |
| NISSIN CORP | 179,903 | 179,903 |
| NITTO FUJI FLOUR MILLING CO | 111,670 | 111,670 |
| NITTOC CONSTRUCT | 89,807 | 89,807 |
| NNN INC | 8,742 | 8,742 |
| NOMURA RL EST INC | 231,080 | 231,080 |
| NORDSON CORP | 9,207 | 9,207 |
| NORFOLK SOUTHN CORP | 62,430 | 62,430 |
| NORTHERN TR CORP | 22,448 | 22,448 |
| NORTHROP GRUMMAN CORP | 80,249 | 80,249 |
| NORWEGIAN CRUISE LINE HLDGS LTD | 3,834 | 3,834 |
| NOV INC | 27,784 | 27,784 |
| NRG ENERGY INC | 25,532 | 25,532 |
| NSW INC | 94,681 | 94,681 |
| NU HOLDINGS LTD | 26,687 | 26,687 |
| NUCOR CORP | 26,260 | 26,260 |
| NUTANIX INC | 20,251 | 20,251 |
| NVENT ELECTRIC PLC | 14,177 | 14,177 |
| NVIDIA CORP | 2,787,726 | 2,787,726 |
| NVR INC | 24,537 | 24,537 |
| O REILLY AUTOMOTIVE INC | 1,066,034 | 1,066,034 |
| OCCIDENTAL PETROLEUM CORP | 52,968 | 52,968 |
| OCEANAGOLD CORP | 179,047 | 179,047 |
| OGE ENERGY CORP | 14,149 | 14,149 |
| OKAMURA CORP | 98,451 | 98,451 |
| OKINAWA FINL GRP | 119,252 | 119,252 |
| OKTA INC | 13,238 | 13,238 |
| OLD DOMINION FREIGHT LINE INC | 38,808 | 38,808 |
| OLD REPUBLIC INTERNATIONAL CORP | 5,971 | 5,971 |
| OLLIES BARGAIN OUTLET HLDGS INC | 9,327 | 9,327 |
| OMEGA HEALTHCARE INVS INC | 12,263 | 12,263 |
| OMNI GROUP INC | 25,554 | 25,554 |
| ON SEMICONDUCTOR CORP | 36,191 | 36,191 |
| ONEMAIN HLDGS INC | 7,507 | 7,507 |
| ONEOK INC | 73,694 | 73,694 |
| OPEN HOUSE GROUP CO LTD | 81,379 | 81,379 |
| ORACLE CORP | 220,298 | 220,298 |
| ORGANON & CO | 4,774 | 4,774 |
| ORIGIN ENTERPRISES ORD | 109,718 | 109,718 |
| ORSERO | 92,056 | 92,056 |
| OSB GROUP PLC ORD | 114,519 | 114,519 |
| OSG CORP | 221,841 | 221,841 |
| OSHKOSH CORPORATION | 4,468 | 4,468 |
| OTIS WORLDWIDE CORP | 28,894 | 28,894 |
| OVINTIV INC | 24,948 | 24,948 |
| OWENS CORNING | 16,010 | 16,010 |
| PACCAR INC | 40,256 | 40,256 |
| PACKAGING CORP | 21,387 | 21,387 |
| PALANTIR TECHNOLOGIES INC | 134,016 | 134,016 |
| PALO ALTO NETWORKS INC | 98,622 | 98,622 |
| PARAMOUNT GLOBAL OM CL B | 4,017 | 4,017 |
| PARETO BANK ASA | 116,066 | 116,066 |
| PAREX RESOURCES IN | 48,661 | 48,661 |
| PARK HOTELS & RESORTS INC | 7,570 | 7,570 |
| PARKER-HANNIFIN CORP | 71,871 | 71,871 |
| PAY SOFTWARE INC | 6,149 | 6,149 |
| PAYCHEX INC | 126,899 | 126,899 |
| PAYLOCITY HLDG CORP | 5,585 | 5,585 |
| PAYPAL HLDGS INC | 70,158 | 70,158 |
| PEGASYSTEMS INC | 3,448 | 3,448 |
| PENSKE AUTOMOTIVE GROUP INC | 5,488 | 5,488 |
| PENTAIR PLC | 19,625 | 19,625 |
| PENUMBRA INC | 5,462 | 5,462 |
| PEPSICO INC | 166,202 | 166,202 |
| PER AARSLEFF HLDNG | 271,856 | 271,856 |
| PERENTI LIMITED | 156,980 | 156,980 |
| PERFORMANCE FOOD GROUP CO | 16,234 | 16,234 |
| PERMIAN RES CORP | 19,054 | 19,054 |
| PERRIGO PANY LIMITED | 2,134 | 2,134 |
| PFIZER INC | 156,235 | 156,235 |
| PG& E CORP | 46,475 | 46,475 |
| PHOENIX FINANCE LTD | 160,548 | 160,548 |
| PIAGGIO | 102,034 | 102,034 |
| PILGRIMS PRIDE CORP | 9,350 | 9,350 |
| PINNACLE W. CAP CORP | 7,290 | 7,290 |
| PINTEREST INC | 21,953 | 21,953 |
| PIRELLI & C SPA | 107,698 | 107,698 |
| PIZZA PIZZA RTY CO | 44,326 | 44,326 |
| PLANET FITNESS INC | 11,568 | 11,568 |
| PLASTIQUES DU VAL | 2,306 | 2,306 |
| PLEXUS CORP | 1,832,850 | 1,832,850 |
| PLUS500 LTD ORD | 247,579 | 247,579 |
| PNC FINANCIAL SERVICES GROUP | 49,948 | 49,948 |
| POOL CORP | 10,228 | 10,228 |
| POPULAR INC | 8,371 | 8,371 |
| POST HLDGS INC | 4,578 | 4,578 |
| POWER INTEGRATIONS INC | 756,195 | 756,195 |
| POWERFLEET | 976,309 | 976,309 |
| PPG IND INC | 24,726 | 24,726 |
| PPL CORP | 32,233 | 32,233 |
| PREMIER INC | 3,116 | 3,116 |
| PREVAS AB SER'B' | 89,090 | 89,090 |
| PRIMERICA INC | 12,485 | 12,485 |
| PRINCIPAL FINL GROUP INC | 8,593 | 8,593 |
| PROACT IT GROUP | 153,524 | 153,524 |
| PROCORE TECHNOLOGIES INC | 5,994 | 5,994 |
| PROCTER & GAMBLE | 330,271 | 330,271 |
| PROGRESSIVE CORP | 3,640,634 | 3,640,634 |
| PROGYNY INC | 106,674 | 106,674 |
| PROLOGIS INC | 65,851 | 65,851 |
| PROS HLDGS INC | 183,849 | 183,849 |
| PROSPERITY BANCSHARES INC | 8,364 | 8,364 |
| PROTO LABS INC | 816,395 | 816,395 |
| PRUDENTIAL FINL INC | 15,172 | 15,172 |
| PUB SERVICE ENTERPRISE GROUP INC | 38,189 | 38,189 |
| PUB STORAGE | 34,136 | 34,136 |
| PULTE GROUP INC | 20,147 | 20,147 |
| PURE STORAGE INC | 1,347,528 | 1,347,528 |
| PUTACENTER ORD | 139,629 | 139,629 |
| PVH CORP | 2,327 | 2,327 |
| PWO AG | 27,027 | 27,027 |
| QANTAS AIRWAYS | 172,167 | 172,167 |
| QINETIQ GROUP ORD | 171,682 | 171,682 |
| QORVO INC | 13,427 | 13,427 |
| QUALM INC | 147,014 | 147,014 |
| QUANTA SVCS INC | 53,096 | 53,096 |
| QUEST DIAGNOSTICS INC | 18,254 | 18,254 |
| QUIDELORTHO CORPORATION | 2,718 | 2,718 |
| RALPH LAUREN CORP | 3,927 | 3,927 |
| RAMI LEVI CHAIN | 94,982 | 94,982 |
| RANGE RES CORP | 33,713 | 33,713 |
| RAYMOND JAMES FNCL INC | 23,144 | 23,144 |
| RAYONIER INC | 4,829 | 4,829 |
| RB GLOBAL INC | 14,343 | 14,343 |
| RBC BEARINGS INC | 12,863 | 12,863 |
| REALTY INE CORP | 57,523 | 57,523 |
| REGAL REXNORD CORPORATION | 6,826 | 6,826 |
| REGENERON PHARMACEUTICALS INC | 76,219 | 76,219 |
| REGIONS FINL CORP | 23,591 | 23,591 |
| REINSURANCE GROUP AMER INC | 13,245 | 13,245 |
| RELIANCE INC | 12,655 | 12,655 |
| RENAISSANCE RE HLDGS LTD | 13,685 | 13,685 |
| REORG/ BERRY GLOBAL GROUP INC | 5,885 | 5,885 |
| REORG/ DISCOVER FINL SVCS | 44,000 | 44,000 |
| REORG/ QIAGEN NV | 8,861 | 8,861 |
| REORG/ANSYS INC | 37,781 | 37,781 |
| REORG/ASPEN | 10,734 | 10,734 |
| REORG/AZEK CO | 6,646 | 6,646 |
| REORG/INTRA-CELLULAR | 6,849 | 6,849 |
| REORG/JUNIPER | 11,048 | 11,048 |
| REORG/SMARTSHEET INC | 6,163 | 6,163 |
| REORG/UNITED STS | 9,755 | 9,755 |
| REPUBLIC SVCS INC | 7,994,088 | 7,994,088 |
| RESMED INC | 29,501 | 29,501 |
| REVVITY INC | 11,496 | 11,496 |
| REXEL EUR5 | 170,671 | 170,671 |
| REXFORD INDL RLTY INC | 8,930 | 8,930 |
| REYNOLDS CONSUMER PRODS INC | 5,047 | 5,047 |
| RIKEN TECHNOS CORP | 208,328 | 208,328 |
| RION CO LTD | 65,141 | 65,141 |
| RIVIAN AUTOMOTIVE INC | 6,929 | 6,929 |
| RLI CORP | 6,593 | 6,593 |
| ROBERT HALF INC | 8,526 | 8,526 |
| ROBINHOOD MKTS INC | 25,635 | 25,635 |
| ROBLOX CORP | 21,292 | 21,292 |
| ROCKWELL AUTOMATION | 34,295 | 34,295 |
| ROIVANT SCIENCES LTD | 6,731 | 6,731 |
| ROKU INC | 9,739 | 9,739 |
| ROLLINS INC | 12,097 | 12,097 |
| ROPER TECHNOLOGIES INC | 66,021 | 66,021 |
| ROSS STORES INC | 43,868 | 43,868 |
| ROTTNEROS AB | 49,894 | 49,894 |
| ROYAL CARIBBEAN GROUP | 603,254 | 603,254 |
| ROYAL GOLD INC | 7,647 | 7,647 |
| ROYALTY PHARMA PLC | 9,668 | 9,668 |
| RPM INTL INC | 14,029 | 14,029 |
| RTX CORPORATION | 135,624 | 135,624 |
| RUBIS | 106,329 | 106,329 |
| RYAN SPECIALTY HOLDINGS INC | 3,529 | 3,529 |
| RYDER SYS INC | 9,725 | 9,725 |
| RYODEN CORPORATION | 116,114 | 116,114 |
| S&P GLOBAL INC | 136,958 | 136,958 |
| S.W. AIRL CO | 19,096 | 19,096 |
| SAIA INC | 6,380 | 6,380 |
| SAINSBURY(J) ORD | 186,748 | 186,748 |
| SAKAI HEAVY INDS | 63,337 | 63,337 |
| SAKATA INX CORP | 119,847 | 119,847 |
| SALESFORCE INC | 276,491 | 276,491 |
| SAN-AI OBBLI CO LTD | 102,491 | 102,491 |
| SAREPTA THERAPEUTICS INC | 14,591 | 14,591 |
| SBA MUNICATIONS CORP | 16,712 | 16,712 |
| SCANDI STANDARD AB | 174,062 | 174,062 |
| SCHLUMBERGER LTD | 62,456 | 62,456 |
| SCHWAB CHARLES CORP | 93,993 | 93,993 |
| SCIENCE APPLICATIONS INTL CORP | 7,601 | 7,601 |
| SCOTTS MIRACLE-GRO CLASS'A' | 4,047 | 4,047 |
| SEALED AIR CORP | 3,079 | 3,079 |
| SEAPORT ENTMT GROUP INC | 168 | 168 |
| SECURITAS SER'B' | 257,712 | 257,712 |
| SEI INVTS CO | 35,549 | 35,549 |
| SEMPRA | 39,299 | 39,299 |
| SEMTECH CORP | 910,741 | 910,741 |
| SENSATA TECHNOLOGIES B V HOLDING | 6,357 | 6,357 |
| SENSHU IKEDA HLDGS | 112,380 | 112,380 |
| SENTINELONE INC | 4,507 | 4,507 |
| SERCO GROUP PLC | 134,347 | 134,347 |
| SERVICE CORP INTL | 17,241 | 17,241 |
| SERVICE STREAM LTD | 91,661 | 91,661 |
| SERVICENOW INC | 2,683,164 | 2,683,164 |
| SHARKNINJA | 7,399 | 7,399 |
| SHERWIN-WILLIAMS CO | 5,875,350 | 5,875,350 |
| SHIBAURA MECHATRON | 127,259 | 127,259 |
| SHIFT4 PMTS INC | 4,878 | 4,878 |
| SHIMADAYA CORPORATION | 28,323 | 28,323 |
| SHINAGAWA REFRACTORIES | 70,512 | 70,512 |
| SHINWA(WHOLESALE) | 89,538 | 89,538 |
| SIGNIFY NV | 113,965 | 113,965 |
| SILGAN HLDGS INC | 4,632 | 4,632 |
| SIMON PROPERTY GROUP INC | 30,481 | 30,481 |
| SIRIUS XM HLDGS INC | 14,843 | 14,843 |
| SITEONE LANDSCAPE SUPPLY INC | 7,247 | 7,247 |
| SKECHERS U S A INC | 11,431 | 11,431 |
| SKYWORKS SOLUTIONS INC | 10,642 | 10,642 |
| SLM CORP | 8,715 | 8,715 |
| SMITH A O CORP | 8,458 | 8,458 |
| SMUCKER J M CO | 15,086 | 15,086 |
| SMURFIT WESTROCK LTD | 13,734 | 13,734 |
| SNAP-ON INC | 503,449 | 503,449 |
| SNOWFLAKE INC | 42,926 | 42,926 |
| SOFI TECHNOLOGIES INC | 15,431 | 15,431 |
| SOLVENTUM CORP | 9,050 | 9,050 |
| SOMNIGROUP INTERNATIONAL INC. | 13,662 | 13,662 |
| SONAE SGPS SA | 89,345 | 89,345 |
| SONOCO PROD CO | 11,187 | 11,187 |
| SOTERA HEALTH CO | 1,505 | 1,505 |
| SOUNDTHINKING INC | 77,119 | 77,119 |
| SOUTHERN CO | 105,617 | 105,617 |
| SOUTHN COPPER CORP | 4,374 | 4,374 |
| SPAR NORD BANK | 205,954 | 205,954 |
| SPAREBANK 1 NORD-NORGE GRUNNFONDSBEVIS | 171,782 | 171,782 |
| SPAREBANK 1 SOR-NORGE | 167,803 | 167,803 |
| SPEEDY HIRE ORD | 40,678 | 40,678 |
| SPIRIT AEROSYSTEMS HLDGS INC | 19,528 | 19,528 |
| SPOTIFY TECHNOLOGY S A | 49,659 | 49,659 |
| SPS M INC | 213,244 | 213,244 |
| SRA HOLDINGS INC | 115,599 | 115,599 |
| SS&C TECHNOLOGIES HLDGS INC | 14,626 | 14,626 |
| ST JAMES'S PLACE ORD | 175,020 | 175,020 |
| STANLEY BLACK & DECKER INC | 14,292 | 14,292 |
| STARBUCKS CORP | 91,159 | 91,159 |
| STARTS CORPORATION | 123,314 | 123,314 |
| STARZEN CO LTD | 112,755 | 112,755 |
| STATE STR CORP | 24,832 | 24,832 |
| STEEL DYNAMICS INC | 23,156 | 23,156 |
| STERIS PLC ORD | 15,211 | 15,211 |
| STHREE PLC ORD | 51,158 | 51,158 |
| STIFEL FINL CORP | 13,790 | 13,790 |
| STINGRAY GROUP INC | 112,867 | 112,867 |
| STITCH FIX INC | 595,323 | 595,323 |
| STO SE & CO. KGAA NON VTG PRF | 77,559 | 77,559 |
| STOCKLAND (STAPLED) | 117,094 | 117,094 |
| STONERIDGE INC | 65,685 | 65,685 |
| STRATEGIC ED INC | 406,657 | 406,657 |
| STRYKER CORP | 126,018 | 126,018 |
| SUBARU ENTERPRISE | 98,212 | 98,212 |
| SUMITOMO HEAVY IND | 92,915 | 92,915 |
| SUMITOMO RUBBER | 104,404 | 104,404 |
| SUN MUNITIES INC | 15,617 | 15,617 |
| SUPER MICRO PUTER INC | 588,325 | 588,325 |
| SUPER RETAIL GROUP LTD G | 190,794 | 190,794 |
| SURMODICS INC | 535,986 | 535,986 |
| SUZUKI CO LTD | 216,877 | 216,877 |
| SYDBANK | 263,830 | 263,830 |
| SYNCHRONY FINL | 23,530 | 23,530 |
| SYNOPSYS INC | 86,394 | 86,394 |
| SYNOVUS FINL CORP | 9,273 | 9,273 |
| SYSCO CORP | 45,647 | 45,647 |
| T ROWE PRICE GROUP INC | 18,886 | 18,886 |
| TACHIBANA ELETECH | 101,925 | 101,925 |
| TAPESTRY INC | 14,177 | 14,177 |
| TARGA RES CORP | 56,049 | 56,049 |
| TARGET CORP | 55,153 | 55,153 |
| TBC BANK GROUP PLC ORD | 117,225 | 117,225 |
| TD SYNNEX CORPORATION | 5,629 | 5,629 |
| TECHNIPFMC PLC | 33,773 | 33,773 |
| TELEDYNE TECHNOLOGIES INC | 24,135 | 24,135 |
| TELEKOM AUSTRIA AG (BR) | 116,220 | 116,220 |
| TENET HEALTHCARE CORP | 16,410 | 16,410 |
| TERADATA CORP DEL | 2,554 | 2,554 |
| TERADYNE INC | 21,280 | 21,280 |
| TERASAKI ELECTRIC | 64,229 | 64,229 |
| TESLA INC | 992,639 | 992,639 |
| TESSENDERLO GROUP | 35,228 | 35,228 |
| TETRA TECH INC | 10,956 | 10,956 |
| TEXAS INSTRUMENTS INC | 132,570 | 132,570 |
| TEXAS PAC LD CORP | 34,285 | 34,285 |
| TEXAS ROADHOUSE INC | 27,606 | 27,606 |
| TEXTRON INC | 27,919 | 27,919 |
| TFS FINL CORP | 5,514 | 5,514 |
| THE CAMPBELLS PANY | 15,244 | 15,244 |
| THE CIGNA GROUP | 67,654 | 67,654 |
| THE COOPER PANIES, INC. | 13,238 | 13,238 |
| THE HARTFORD INSURANCE GROUP INC | 30,851 | 30,851 |
| THE TRADE DESK INC | 45,719 | 45,719 |
| THERMO FISHER SCIENTIFIC INC | 160,231 | 160,231 |
| THOR INDS INC | 479 | 479 |
| TJX COS INC | 120,568 | 120,568 |
| TKO GROUP HLDGS INC | 3,553 | 3,553 |
| T-MOBILE US INC | 78,138 | 78,138 |
| TOAST INC | 9,769 | 9,769 |
| TOKAI CORP(GIFU) | 109,093 | 109,093 |
| TOLL BROS INC | 6,675 | 6,675 |
| TOMOKU CO LTD | 42,810 | 42,810 |
| TOPBUILD CORP | 7,161 | 7,161 |
| TORO CO | 7,930 | 7,930 |
| TP ICAP GROUP PLC ORD | 71,086 | 71,086 |
| TRACTOR SUPPLY CO | 38,203 | 38,203 |
| TRADEWEB MKTS INC | 12,830 | 12,830 |
| TRANE TECHNOLOGIES PLC | 74,609 | 74,609 |
| TRANSCOSMOS INC | 102,163 | 102,163 |
| TRANSDIGM GROUP INC | 62,097 | 62,097 |
| TRANSUNION | 13,536 | 13,536 |
| TRAVEL + LEISURE CO | 5,650 | 5,650 |
| TRAVELERS COS INC | 40,710 | 40,710 |
| TREX CO INC | 226,764 | 226,764 |
| TRICAN WELL SERVIC | 76,333 | 76,333 |
| TRIMBLE INC TRIMBLE INC | 14,485 | 14,485 |
| TRUIST FINL CORP | 70,579 | 70,579 |
| TSUBAKIMOTO CHAIN | 123,215 | 123,215 |
| TSUGAMI CORP | 82,282 | 82,282 |
| TV TOKYO HLDG CORP | 119,203 | 119,203 |
| TWILIO INC | 14,915 | 14,915 |
| TYLER TECHNOLOGIES INC | 17,876 | 17,876 |
| TYSON FOODS INC (DELAWARE) | 17,289 | 17,289 |
| UBER TECHNOLOGIES INC | 106,827 | 106,827 |
| UDR INC | 14,933 | 14,933 |
| UGI CORP | 7,424 | 7,424 |
| U-HAUL HOLDING | 8,455 | 8,455 |
| UIPATH INC | 2,669 | 2,669 |
| ULTA BEAUTY INC | 24,791 | 24,791 |
| ULTRAGENYX PHARMACEUTICAL INC | 1,178 | 1,178 |
| UMS INTEGRATION LTD | 94,000 | 94,000 |
| UNDER ARMOR INC | 213,235 | 213,235 |
| UNION PAC CORP | 104,898 | 104,898 |
| UNITED AIRLINES HOLDINGS INC | 27,965 | 27,965 |
| UNITED INTERNET AG (REGD) | 118,452 | 118,452 |
| UNITED LABORATORIE | 295,955 | 295,955 |
| UNITED PARCEL SVC INC CL B | 76,291 | 76,291 |
| UNITED RENTALS INC | 43,675 | 43,675 |
| UNITED THERAPEUTICS CORP DEL | 15,525 | 15,525 |
| UNITEDHEALTH GROUP INC | 393,559 | 393,559 |
| UNITY SOFTWARE INC | 8,449 | 8,449 |
| UNIVERSAL DISPLAY CORP | 2,193 | 2,193 |
| UNUM GROUP | 10,151 | 10,151 |
| US BANCORP | 82,220 | 82,220 |
| US FOODS HLDG CORP | 12,952 | 12,952 |
| V F CORP | 12,576 | 12,576 |
| VAIL RESORTS INC | 8,435 | 8,435 |
| VALERO ENERGY CORP | 56,024 | 56,024 |
| VALIANT HOLDING AG CHF5.8(REGD) | 151,481 | 151,481 |
| VALMET OYJ | 149,781 | 149,781 |
| VALMONT INDS INC | 7,973 | 7,973 |
| VALVOLINE INC | 8,032 | 8,032 |
| VAUDOISE ASSURANCES HOLDINGS | 109,021 | 109,021 |
| VEEVA SYS INC | 34,061 | 34,061 |
| VENTAS INC | 30,741 | 30,741 |
| VERALLIA | 123,196 | 123,196 |
| VERALTO CORP | 24,138 | 24,138 |
| VEREN INC | 76,562 | 76,562 |
| VERINT SYS INC | 80,429 | 80,429 |
| VERISIGN INC | 14,487 | 14,487 |
| VERISK ANALYTICS INC | 40,764 | 40,764 |
| VERIZON MUNICATIONS | 170,757 | 170,757 |
| VERTEX PHARMACEUTICALS INC | 94,232 | 94,232 |
| VERTIV HOLDINGS LLC | 35,787 | 35,787 |
| VERTU MOTORS PLC ORD | 136,265 | 136,265 |
| VESTIS CORP | 1,920 | 1,920 |
| VESUVIUS PLC ORD | 110,721 | 110,721 |
| VETROPACK HOLDING SA -A | 56,276 | 56,276 |
| VIASAT INC | 336,409 | 336,409 |
| VIATRIS INC | 14,703 | 14,703 |
| VICI PPTYS INC | 34,848 | 34,848 |
| VIENNA INS GRP AG (BR) | 157,137 | 157,137 |
| VIKING THERAPEUTICS INC | 4,990 | 4,990 |
| VIRTU FINL INC | 8,991 | 8,991 |
| VISA INC | 419,069 | 419,069 |
| VISTRA CORP | 1,820,022 | 1,820,022 |
| VITAL KSK HOLDINGS | 109,849 | 109,849 |
| VONTIER CORP | 2,772 | 2,772 |
| VONTOBEL HLDG AG CHF1 (REGD) | 112,287 | 112,287 |
| VORNADO RLTY TR | 3,742 | 3,742 |
| VOYA FINL INC | 25,880 | 25,880 |
| VSTECS HOLDINGS LT | 77,652 | 77,652 |
| VULCAN MATERIALS CO | 46,816 | 46,816 |
| WABTEC CORP | 29,197 | 29,197 |
| WACKER NEUSON SE(REGD) | 71,251 | 71,251 |
| WALGREENS BOOTS ALLIANCE INC | 5,785 | 5,785 |
| WALLENIUS WILHELMSEN | 186,056 | 186,056 |
| WALMART INC | 325,892 | 325,892 |
| WALT DISNEY CO | 180,387 | 180,387 |
| WARNER BROS DISCOVERY INC | 31,435 | 31,435 |
| WASTE MGMT INC DEL | 93,025 | 93,025 |
| WATERS CORP | 37,840 | 37,840 |
| WATSCO INC | 15,638 | 15,638 |
| WEATHERFORD INTL LTD | 17,836 | 17,836 |
| WEBSTER FNCL CORP WATERBURY CONN | 14,854 | 14,854 |
| WEC ENERGY GROUP INC | 18,150 | 18,150 |
| WELLS FARGO & CO | 228,069 | 228,069 |
| WELLTOWER INC | 48,648 | 48,648 |
| WENDYS CO | 3,488 | 3,488 |
| WERELDHAVE NV | 116,838 | 116,838 |
| WESCO INTL INC | 3,619 | 3,619 |
| WEST PHARMACEUTICAL SVCS INC | 31,118 | 31,118 |
| WESTERN FOREST PRO | 18,276 | 18,276 |
| WESTERN UNION CO | 5,989 | 5,989 |
| WESTLAKE CORPORATION | 6,879 | 6,879 |
| WESTN DIGITAL CORP | 14,192 | 14,192 |
| WEX INC | 4,734 | 4,734 |
| WEYERHAEUSER CO | 26,658 | 26,658 |
| WHIRLPOOL CORP | 7,670 | 7,670 |
| WHITECAP RESOURCES INC | 94,326 | 94,326 |
| WILLIAMS CO INC | 80,693 | 80,693 |
| WILLIAMS SONOMA INC | 14,814 | 14,814 |
| WILLIS TOWERS WATSON PLC | 29,445 | 29,445 |
| WILLSCOT HOLDINGS CORPORATION | 6,021 | 6,021 |
| WINGSTOP INC | 3,695 | 3,695 |
| WINTRUST FINL CORP | 7,857 | 7,857 |
| WOLFSPEED INC | 1,039 | 1,039 |
| WOODWARD INC | 38,609 | 38,609 |
| WORKDAY INC | 44,897 | 44,897 |
| WUSTENROT & WURTTE | 54,239 | 54,239 |
| WYNDHAM HOTELS & RESORTS INC | 16,429 | 16,429 |
| WYNN RESORTS LTD | 11,115 | 11,115 |
| XCEL ENERGY INC | 10,128 | 10,128 |
| XP INC | 2,595 | 2,595 |
| XPO INC | 7,476 | 7,476 |
| XYLEM INC | 32,602 | 32,602 |
| YAMABIKO CORPO | 137,863 | 137,863 |
| YAMAGUCHI FINANCIA | 138,831 | 138,831 |
| YAMAICHI ELECTRONI | 82,632 | 82,632 |
| YUASA TRADING CO | 98,546 | 98,546 |
| YUM BRANDS INC | 62,921 | 62,921 |
| ZEBRA TECHNOLOGIES CORP | 28,580 | 28,580 |
| ZEHNDER GROUP CHF0.05 (REGD) 'A' | 59,851 | 59,851 |
| ZIGUP PLC | 120,391 | 120,391 |
| ZILLOW GROUP INC | 12,506 | 12,506 |
| ZIMMER BIOMET HLDGS INC | 31,478 | 31,478 |
| ZIONS BANCORPORATION N A | 488 | 488 |
| ZIPRECRUITER INC | 181,029 | 181,029 |
| ZOETIS INC CL 'A' | 65,498 | 65,498 |
| ZOOM MUNICATIONS INC | 17,056 | 17,056 |
| ZOOMINFO TECHNOLOGIES INC | 2,207 | 2,207 |
| ZSCALER INC | 16,598 | 16,598 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT FUND MACF - 52041 | FMV | 4,910,422 | 4,910,422 |
| INVESTMENT FUND MACF - 50942 | FMV | 7,684,903 | 7,684,903 |
| INVESTMENT FUND MACF - 19965 | FMV | 140,066,893 | 140,066,893 |
| INVESTMENT FUND MACF - 52039 | FMV | 2,634,477 | 2,634,477 |
| INVESTMENT FUND MACF - 49534 | FMV | 17,785,501 | 17,785,501 |
| INVESTMENT FUND MACF - 57061 | FMV | 14,062,666 | 14,062,666 |
| INVESTMENT FUND MACF - 31136 | FMV | 3,129,413 | 3,129,413 |
| INVESTMENT FUND MACF - 85877 | FMV | 1,096,837 | 1,096,837 |
| INVESTMENT FUND MACF - 56027 | FMV | 16,829,790 | 16,829,790 |
| INVESTMENT FUND MACF - 55899 | FMV | 444,682 | 444,682 |
| INVESTMENT FUND MACF - 25484 | FMV | 4,977,059 | 4,977,059 |
| INVESTMENT FUND MACF - 27693 | FMV | 24,988,723 | 24,988,723 |
| INVESTMENT FUND MACF - 79003 | FMV | 16,724,502 | 16,724,502 |
| INVESTMENT FUND MACF - 72591 | FMV | 5,700,655 | 5,700,655 |
| INVESTMENT FUND MACF - 30556 | FMV | 28,362,369 | 28,362,369 |
| INVESTMENT FUND MACF - 79004 | FMV | 13,822,194 | 13,822,194 |
| INVESTMENT FUND MACF - 82026 | FMV | 1 | 1 |
| INVESTMENT FUND MACF - 85416 | FMV | 6,371,432 | 6,371,432 |
| INVESTMENT FUND MACF - 73082 | FMV | 6,713,832 | 6,713,832 |
| INVESTMENT FUND MACF - 66580 | FMV | 11,944,612 | 11,944,612 |
| INVESTMENT FUND MACF - 51394 | FMV | 2,204,476 | 2,204,476 |
| INVESTMENT FUND MACF - 25342 | FMV | 11,761,750 | 11,761,750 |
| INVESTMENT FUND MACF - 76690 | FMV | 4,300,000 | 4,300,000 |
| INVESTMENT FUND MACF - 20122 | FMV | 14,321,806 | 14,321,806 |
| INVESTMENT FUND MACF - 67369 | FMV | 5,269,511 | 5,269,511 |
| INVESTMENT FUND MACF - 92942 | FMV | 10,900,337 | 10,900,337 |
| INVESTMENT FUND MACF - 74682 | FMV | 10,725,965 | 10,725,965 |
| INVESTMENT FUND MACF - 71630 | FMV | 1,965,541 | 1,965,541 |
| INVESTMENT FUND MACF - 73009 | FMV | 3,879,282 | 3,879,282 |
| INVESTMENT FUND MACF - 23828 | FMV | 23,269,637 | 23,269,637 |
| INVESTMENT FUND MACF - 79623 | FMV | 15,226,526 | 15,226,526 |
| INVESTMENT FUND MACF - 56137 | FMV | 3,413,670 | 3,413,670 |
| INVESTMENT FUND MACF - 79005 | FMV | 2,240,070 | 2,240,070 |
| INVESTMENT FUND MACF - 25895 | FMV | 8,616,968 | 8,616,968 |
| INVESTMENT FUND MACF - 56699 | FMV | 190,997 | 190,997 |
| INVESTMENT FUND MACF - 56265 | FMV | 5,101,705 | 5,101,705 |
| INVESTMENT FUND MACF - 22770 | FMV | 8,430,957 | 8,430,957 |
| INVESTMENT FUND MACF - 41826 | FMV | 2,713,261 | 2,713,261 |
| INVESTMENT FUND MACF - 84291 | FMV | 6,266,196 | 6,266,196 |
| INVESTMENT FUND MACF - 83874 | FMV | 1,018,604 | 1,018,604 |
| INVESTMENT FUND MACF - 52416 | FMV | 753,154 | 753,154 |
| INVESTMENT FUND MACF - 85776 | FMV | 11,432,367 | 11,432,367 |
| INVESTMENT FUND MACF - 34717 | FMV | 4,171,718 | 4,171,718 |
| INVESTMENT FUND MACF - 71806 | FMV | 8,611,538 | 8,611,538 |
| INVESTMENT FUND MACF - 39543 | FMV | 10,998,725 | 10,998,725 |
| INVESTMENT FUND MACF - 79007 | FMV | 12,229,805 | 12,229,805 |
| INVESTMENT FUND MACF - 90803 | FMV | 187,822 | 187,822 |
| INVESTMENT FUND MACF - 43966 | FMV | 2,499,555 | 2,499,555 |
| INVESTMENT FUND MACF - 23897 | FMV | 5,363,864 | 5,363,864 |
| INVESTMENT FUND MACF - 24648 | FMV | 7,754,593 | 7,754,593 |
| INVESTMENT FUND MACF - 46530 | FMV | 4,701,359 | 4,701,359 |
| INVESTMENT FUND MACF - 51210 | FMV | 7,422,386 | 7,422,386 |
| INVESTMENT FUND MACF - 77943 | FMV | 8,764,293 | 8,764,293 |
| INVESTMENT FUND MACF - 77486 | FMV | 12,084,594 | 12,084,594 |
| INVESTMENT FUND MACF - 77487 | FMV | 4,446,595 | 4,446,595 |
| INVESTMENT FUND MACF - 71939 | FMV | 6,442,950 | 6,442,950 |
| INVESTMENT FUND MACF - 21702 | FMV | 741,268 | 741,268 |
| INVESTMENT FUND MACF - 92842 | FMV | 3,131,882 | 3,131,882 |
| INVESTMENT FUND MACF - 76524 | FMV | 8,042,534 | 8,042,534 |
| INVESTMENT FUND MACF - 76534 | FMV | 251,505 | 251,505 |
| INVESTMENT FUND MACF - 34147 | FMV | 9,927,362 | 9,927,362 |
| INVESTMENT FUND MACF - 76533 | FMV | 14,585,681 | 14,585,681 |
| INVESTMENT FUND MACF - 34004 | FMV | 8,256,858 | 8,256,858 |
| INVESTMENT FUND MACF - 20635 | FMV | 1,868,652 | 1,868,652 |
| INVESTMENT FUND MACF - 18753 | FMV | 1,199,228 | 1,199,228 |
| INVESTMENT FUND MACF - 93653 | FMV | 12,070,782 | 12,070,782 |
| INVESTMENT FUND MACF - 35691 | FMV | 4,298,900 | 4,298,900 |
| INVESTMENT FUND MACF - 87775 | FMV | 2,716,883 | 2,716,883 |
| INVESTMENT FUND MACF - 46835 | FMV | 2,175,630 | 2,175,630 |
| INVESTMENT FUND MACF - 10073 | FMV | 7,121,354 | 7,121,354 |
| INVESTMENT FUND MACF - 36414 | FMV | 12,359,657 | 12,359,657 |
| INVESTMENT FUND MACF - 76526 | FMV | 12,906,605 | 12,906,605 |
| INVESTMENT FUND MACF - 48686 | FMV | 8,512,644 | 8,512,644 |
| INVESTMENT FUND MACF - 30911 | FMV | 3,966,653 | 3,966,653 |
| INVESTMENT FUND MACF - 17819 | FMV | 4,108,544 | 4,108,544 |
| INVESTMENT FUND MACF - 68309 | FMV | 13,068,410 | 13,068,410 |
| INVESTMENT FUND MACF - 31367 | FMV | 2,059,810 | 2,059,810 |
| INVESTMENT FUND MACF - 11070 | FMV | 2,701,072 | 2,701,072 |
| INVESTMENT FUND MACF - 26137 | FMV | 10,065,786 | 10,065,786 |
| INVESTMENT FUND MACF - 45829 | FMV | 9,314,722 | 9,314,722 |
| INVESTMENT FUND MACF - 46585 | FMV | 264,719 | 264,719 |
| INVESTMENT FUND MACF - 40646 | FMV | 5,216,308 | 5,216,308 |
| INVESTMENT FUND MACF - 58182 | FMV | 1,912,777 | 1,912,777 |
| INVESTMENT FUND MACF - 13780 | FMV | 773,987 | 773,987 |
| INVESTMENT FUND MACF - 69488 | FMV | 4,912,923 | 4,912,923 |
| INVESTMENT FUND MACF - 18293 | FMV | 2,815,072 | 2,815,072 |
| INVESTMENT FUND MACF - 60967 | FMV | 5,841,944 | 5,841,944 |
| INVESTMENT FUND MACF - 76538 | FMV | 9,147,786 | 9,147,786 |
| INVESTMENT FUND MACF - 62777 | FMV | 4,574,138 | 4,574,138 |
| INVESTMENT FUND MACF - 92529 | FMV | 151,570 | 151,570 |
| INVESTMENT FUND MACF - 73081 | FMV | 4,013,824 | 4,013,824 |
| INVESTMENT FUND MACF - 18802 | FMV | 9,692,551 | 9,692,551 |
| INVESTMENT FUND MACF - 49379 | FMV | 4,554,088 | 4,554,088 |
| INVESTMENT FUND MACF - 92399 | FMV | 5,109,000 | 5,109,000 |
| INVESTMENT FUND MACF - 65362 | FMV | 7,879,099 | 7,879,099 |
| INVESTMENT FUND MACF - 57978 | FMV | 2,082,389 | 2,082,389 |
| INVESTMENT FUND MACF - 76210 | FMV | 5,166,446 | 5,166,446 |
| INVESTMENT FUND MACF - 13315 | FMV | 6,934,781 | 6,934,781 |
| INVESTMENT FUND MACF - 70072 | FMV | 18,896,318 | 18,896,318 |
| INVESTMENT FUND MACF - 69389 | FMV | 6,712,394 | 6,712,394 |
| INVESTMENT FUND MACF - 99358 | FMV | 856,753 | 856,753 |
| INVESTMENT FUND MACF - 58511 | FMV | 6,578,683 | 6,578,683 |
| INVESTMENT FUND MACF - 37441 | FMV | 1,090,377 | 1,090,377 |
| INVESTMENT FUND MACF - 83861 | FMV | 3,517,974 | 3,517,974 |
| INVESTMENT FUND MACF - 47839 | FMV | 1 | 1 |
| INVESTMENT FUND MACF - 28741 | FMV | 5,271,088 | 5,271,088 |
| INVESTMENT FUND MACF - 78462 | FMV | 5,992,224 | 5,992,224 |
| INVESTMENT FUND MACF - 74092 | FMV | 136,615 | 136,615 |
| INVESTMENT FUND MACF - 68694 | FMV | 18,865,616 | 18,865,616 |
| INVESTMENT FUND MACF - 95800 | FMV | 16,054,293 | 16,054,293 |
| INVESTMENT FUND MACF - 70066 | FMV | 11,206,425 | 11,206,425 |
| INVESTMENT FUND MACF - 31521 | FMV | 5,217,283 | 5,217,283 |
| INVESTMENT FUND MACF - 78311 | FMV | 1,073,730 | 1,073,730 |
| INVESTMENT FUND MACF - 59079 | FMV | 4,577,646 | 4,577,646 |
| INVESTMENT FUND MACF - 74036 | FMV | 5,738,133 | 5,738,133 |
| INVESTMENT FUND MACF - 14461 | FMV | 3,608,383 | 3,608,383 |
| INVESTMENT FUND MACF - 56808 | FMV | 1,265,726 | 1,265,726 |
| INVESTMENT FUND MACF - 84829 | FMV | 1,374,026 | 1,374,026 |
| INVESTMENT FUND MACF - 95289 | FMV | 329,364 | 329,364 |
| INVESTMENT FUND MACF - 12798 | FMV | 2,115,584 | 2,115,584 |
| INVESTMENT FUND MACF - 21958 | FMV | 1,179,401 | 1,179,401 |
| INVESTMENT FUND MACF - 74805 | FMV | 4,738,431 | 4,738,431 |
| INVESTMENT FUND MACF - 22940 | FMV | 5,974,633 | 5,974,633 |
| INVESTMENT FUND MACF - 52332 | FMV | 9,977,767 | 9,977,767 |
| INVESTMENT FUND MACF - 28178 | FMV | 6,423,988 | 6,423,988 |
| INVESTMENT FUND MACF - 74035 | FMV | 5,499,134 | 5,499,134 |
| INVESTMENT FUND MACF - 95614 | FMV | 4,014,475 | 4,014,475 |
| INVESTMENT FUND MACF - 84843 | FMV | 1,671,375 | 1,671,375 |
| INVESTMENT FUND MACF - 93922 | FMV | 1,265,224 | 1,265,224 |
| INVESTMENT FUND MACF - 11290 | FMV | 8,508,284 | 8,508,284 |
| INVESTMENT FUND MACF - 71908 | FMV | 103 | 103 |
| INVESTMENT FUND MACF - 81244 | FMV | 4,453,378 | 4,453,378 |
| INVESTMENT FUND MACF - 61935 | FMV | 10,247,409 | 10,247,409 |
| INVESTMENT FUND MACF - 56144 | FMV | 3,439,346 | 3,439,346 |
| INVESTMENT FUND MACF - 20896 | FMV | 1,858,387 | 1,858,387 |
| INVESTMENT FUND MACF - 61592 | FMV | 39,388,953 | 39,388,953 |
| INVESTMENT FUND MACF - 12980 | FMV | 578,845 | 578,845 |
| INVESTMENT FUND MACF - 80835 | FMV | 10,958,139 | 10,958,139 |
| INVESTMENT FUND MACF - 66937 | FMV | 6,519,703 | 6,519,703 |
| INVESTMENT FUND MACF - 71506 | FMV | 4,324,167 | 4,324,167 |
| INVESTMENT FUND MACF - 68936 | FMV | 4,375,195 | 4,375,195 |
| INVESTMENT FUND MACF - 28188 | FMV | 9,938,187 | 9,938,187 |
| INVESTMENT FUND MACF - 84682 | FMV | 3,188,827 | 3,188,827 |
| INVESTMENT FUND MACF - 42486 | FMV | 8,237,012 | 8,237,012 |
| INVESTMENT FUND MACF - 63767 | FMV | 19,595,772 | 19,595,772 |
| INVESTMENT FUND MACF - 47323 | FMV | 5,158,683 | 5,158,683 |
| INVESTMENT FUND MACF - 31315 | FMV | 1,767,380 | 1,767,380 |
| INVESTMENT FUND MACF - 23311 | FMV | 178,943 | 178,943 |
| INVESTMENT FUND MACF - 52795 | FMV | 16,325,410 | 16,325,410 |
| INVESTMENT FUND MACF - 82874 | FMV | 574,518 | 574,518 |
| INVESTMENT FUND MACF - 18199 | FMV | 8,504,366 | 8,504,366 |
| INVESTMENT FUND MACF - 19597 | FMV | 1 | 1 |
| INVESTMENT FUND MACF - 68406 | FMV | 6,799,382 | 6,799,382 |
| INVESTMENT FUND MACF - 39777 | FMV | 6,673,315 | 6,673,315 |
| INVESTMENT FUND MACF - 27771 | FMV | 7,388,576 | 7,388,576 |
| INVESTMENT FUND MACF - 41336 | FMV | 537,280 | 537,280 |
| INVESTMENT FUND MACF - 74068 | FMV | 5,665,678 | 5,665,678 |
| INVESTMENT FUND MACF - 39858 | FMV | 12,892,672 | 12,892,672 |
| INVESTMENT FUND MACF - 41727 | FMV | 6,683,996 | 6,683,996 |
| INVESTMENT FUND MACF - 46052 | FMV | 7,775,244 | 7,775,244 |
| INVESTMENT FUND MACF - 68394 | FMV | 10,607,487 | 10,607,487 |
| INVESTMENT FUND MACF - 67227 | FMV | 10,631,908 | 10,631,908 |
| INVESTMENT FUND MACF - 61514 | FMV | 8,867,202 | 8,867,202 |
| INVESTMENT FUND MACF - 79495 | FMV | 4,438,102 | 4,438,102 |
| INVESTMENT FUND MACF - 34135 | FMV | 58,894 | 58,894 |
| INVESTMENT FUND MACF - 77067 | FMV | 3,352,745 | 3,352,745 |
| INVESTMENT FUND MACF - 20294 | FMV | 5,717,274 | 5,717,274 |
| INVESTMENT FUND MACF - 57946 | FMV | 654,568 | 654,568 |
| INVESTMENT FUND MACF - 67535 | FMV | 10,827,150 | 10,827,150 |
| INVESTMENT FUND MACF - 60262 | FMV | 6,659,190 | 6,659,190 |
| INVESTMENT FUND MACF - 77586 | FMV | 2,436,307 | 2,436,307 |
| INVESTMENT FUND MACF - 34967 | FMV | 1,162,353 | 1,162,353 |
| INVESTMENT FUND MACF - 74494 | FMV | 1,188,161 | 1,188,161 |
| INVESTMENT FUND MACF - 84518 | FMV | 3,164,261 | 3,164,261 |
| INVESTMENT FUND MACF - 73441 | FMV | 6,062,183 | 6,062,183 |
| INVESTMENT FUND MACF - 80450 | FMV | 684,430 | 684,430 |
| INVESTMENT FUND MACF - 71063 | FMV | 6,649,459 | 6,649,459 |
| INVESTMENT FUND MACF - 79954 | FMV | 9,898,886 | 9,898,886 |
| INVESTMENT FUND MACF - 36664 | FMV | 644,086 | 644,086 |
| INVESTMENT FUND MACF - 43198 | FMV | 7,270,043 | 7,270,043 |
| INVESTMENT FUND MACF - 72158 | FMV | 3,744,800 | 3,744,800 |
| INVESTMENT FUND MACF - 80813 | FMV | 10,117,423 | 10,117,423 |
| INVESTMENT FUND MACF - 44798 | FMV | 7,742,932 | 7,742,932 |
| INVESTMENT FUND MACF - 10244 | FMV | 4,647,619 | 4,647,619 |
| INVESTMENT FUND MACF - 47467 | FMV | 26,611,054 | 26,611,054 |
| INVESTMENT FUND MACF - 61163 | FMV | 7,933,649 | 7,933,649 |
| INVESTMENT FUND MACF - 32340 | FMV | 6,106,888 | 6,106,888 |
| INVESTMENT FUND MACF - 12317 | FMV | 4,748,894 | 4,748,894 |
| INVESTMENT FUND MACF - 88799 | FMV | 1,255,069 | 1,255,069 |
| INVESTMENT FUND MACF - 24151 | FMV | 8,003,211 | 8,003,211 |
| INVESTMENT FUND MACF - 58125 | FMV | 10,815,921 | 10,815,921 |
| INVESTMENT FUND MACF - 94712 | FMV | 3,899,845 | 3,899,845 |
| INVESTMENT FUND MACF - 54646 | FMV | 2,561,978 | 2,561,978 |
| INVESTMENT FUND MACF - 51629 | FMV | 12,450,899 | 12,450,899 |
| INVESTMENT FUND MACF - 78890 | FMV | 24,345,393 | 24,345,393 |
| INVESTMENT FUND MACF - 42178 | FMV | 381,972 | 381,972 |
| INVESTMENT FUND MACF - 77026 | FMV | 2,979,343 | 2,979,343 |
| INVESTMENT FUND MACF - 65827 | FMV | 11,386,487 | 11,386,487 |
| INVESTMENT FUND MACF - 44120 | FMV | 7,735,867 | 7,735,867 |
| INVESTMENT FUND MACF - 72640 | FMV | 11,622,905 | 11,622,905 |
| INVESTMENT FUND MACF - 32731 | FMV | 6,020,009 | 6,020,009 |
| INVESTMENT FUND MACF - 25283 | FMV | 1,959,931 | 1,959,931 |
| INVESTMENT FUND MACF - 40109 | FMV | 331,220 | 331,220 |
| INVESTMENT FUND MACF - 27241 | FMV | 15,933,413 | 15,933,413 |
| INVESTMENT FUND MACF - 79162 | FMV | 2,359,539 | 2,359,539 |
| INVESTMENT FUND MACF - 21378 | FMV | 24,284,961 | 24,284,961 |
| INVESTMENT FUND MACF - 44674 | FMV | 9,789,209 | 9,789,209 |
| INVESTMENT FUND MACF - 80968 | FMV | 4,889,424 | 4,889,424 |
| INVESTMENT FUND MACF - 95648 | FMV | 2,231,691 | 2,231,691 |
| INVESTMENT FUND MACF - 36004 | FMV | 4,648,990 | 4,648,990 |
| INVESTMENT FUND MACF - 63525 | FMV | 1,712,912 | 1,712,912 |
| INVESTMENT FUND MACF - 40276 | FMV | 21,553,640 | 21,553,640 |
| INVESTMENT FUND MACF - 62438 | FMV | 13,638,641 | 13,638,641 |
| INVESTMENT FUND MACF - 82682 | FMV | 6,521,951 | 6,521,951 |
| INVESTMENT FUND MACF - 31323 | FMV | 5,208,326 | 5,208,326 |
| INVESTMENT FUND MACF - 63217 | FMV | 1,280,109 | 1,280,109 |
| INVESTMENT FUND MACF - 48002 | FMV | 3,277,844 | 3,277,844 |
| INVESTMENT FUND MACF - 51584 | FMV | 1,989,156 | 1,989,156 |
| INVESTMENT FUND MACF - 88243 | FMV | 2,961,592 | 2,961,592 |
| INVESTMENT FUND MACF - 77944 | FMV | 515,204 | 515,204 |
| INVESTMENT FUND MACF - 19273 | FMV | 2,132,851 | 2,132,851 |
| INVESTMENT FUND MACF - 45210 | FMV | 9,578,846 | 9,578,846 |
| INVESTMENT FUND MACF - 48637 | FMV | 1,870,460 | 1,870,460 |
| INVESTMENT FUND MACF - 68342 | FMV | 25,518,028 | 25,518,028 |
| INVESTMENT FUND MACF - 36752 | FMV | 18,142,580 | 18,142,580 |
| INVESTMENT FUND MACF - 67547 | FMV | 14,971,817 | 14,971,817 |
| INVESTMENT FUND MACF - 34932 | FMV | 1,885,625 | 1,885,625 |
| INVESTMENT FUND MACF - 61671 | FMV | 6,200,468 | 6,200,468 |
| INVESTMENT FUND MACF - 94193 | FMV | 3,354,545 | 3,354,545 |
| INVESTMENT FUND MACF - 57337 | FMV | 12,855,234 | 12,855,234 |
| INVESTMENT FUND MACF - 18122 | FMV | 734,949 | 734,949 |
| INVESTMENT FUND MACF - 23636 | FMV | 7,586,429 | 7,586,429 |
| INVESTMENT FUND MACF - 27386 | FMV | 5,485,782 | 5,485,782 |
| INVESTMENT FUND MACF - 43256 | FMV | 2,834,080 | 2,834,080 |
| INVESTMENT FUND MACF - 17509 | FMV | 714,257 | 714,257 |
| INVESTMENT FUND MACF - 22267 | FMV | 3,301,344 | 3,301,344 |
| INVESTMENT FUND MACF - 58398 | FMV | 1,527,043 | 1,527,043 |
| INVESTMENT FUND MACF - 62303 | FMV | 44,322,306 | 44,322,306 |
| INVESTMENT FUND MACF - 15905 | FMV | 22,443,655 | 22,443,655 |
| INVESTMENT FUND MACF - 18513 | FMV | 161,372,833 | 161,372,833 |
| INVESTMENT FUND MACF - 79553 | FMV | 427,899 | 427,899 |
| INVESTMENT FUND MACF - 75672 | FMV | 8,011,193 | 8,011,193 |
| INVESTMENT FUND MACF - 89377 | FMV | 3,801,584 | 3,801,584 |
| INVESTMENT FUND MACF - 84051 | FMV | 3,458,721 | 3,458,721 |
| INVESTMENT FUND MACF - 87131 | FMV | 500,707 | 500,707 |
| INVESTMENT FUND MACF - 12095 | FMV | 5,392,116 | 5,392,116 |
| INVESTMENT FUND MACF - 91143 | FMV | 16,444,493 | 16,444,493 |
| INVESTMENT FUND MACF - 54677 | FMV | 19,007,001 | 19,007,001 |
| INVESTMENT FUND MACF - 65172 | FMV | 27,820,764 | 27,820,764 |
| INVESTMENT FUND MACF - 14835 | FMV | 10,860,429 | 10,860,429 |
| INVESTMENT FUND MACF - 59907 | FMV | 21,275,812 | 21,275,812 |
| INVESTMENT FUND MACF - 38527 | FMV | 3,810,445 | 3,810,445 |
| INVESTMENT FUND MACF - 11779 | FMV | 10,960,627 | 10,960,627 |
| INVESTMENT FUND MACF - 97767 | FMV | 11,043,417 | 11,043,417 |
| INVESTMENT FUND MACF - 13243 | FMV | 18,916,938 | 18,916,938 |
| INVESTMENT FUND MACF - 98879 | FMV | 1,998,188 | 1,998,188 |
| INVESTMENT FUND MACF - 79002 | FMV | 6,070,924 | 6,070,924 |
| INVESTMENT FUND MACF - 10150 | FMV | 962,019 | 962,019 |
| INVESTMENT FUND MACF - 17991 | FMV | 229,216 | 229,216 |
| INVESTMENT FUND MACF - 52513 | FMV | 22,475,635 | 22,475,635 |
| INVESTMENT FUND MACF - 25676 | FMV | 72,079,916 | 72,079,916 |
| INVESTMENT FUND MACF - 54980 | FMV | 17,823,531 | 17,823,531 |
| INVESTMENT FUND MACF - 76931 | FMV | 4,432,215 | 4,432,215 |
| INVESTMENT FUND MACF - 96591 | FMV | 26,277,528 | 26,277,528 |
| INVESTMENT FUND MACF - 84758 | FMV | 10,445,777 | 10,445,777 |
| INVESTMENT FUND MACF - 58216 | FMV | 30,625,791 | 30,625,791 |
| INVESTMENT FUND MACF - 52512 | FMV | 32,623,318 | 32,623,318 |
| INVESTMENT FUND MACF - 23903 | FMV | 18,333,163 | 18,333,163 |
| INVESTMENT FUND MACF - 62979 | FMV | 4,672,899 | 4,672,899 |
| INVESTMENT FUND MACF - 64361 | FMV | 10,419,099 | 10,419,099 |
| INVESTMENT FUND MACF - 76333 | FMV | 34,065,319 | 34,065,319 |
| INVESTMENT FUND MACF - 23558 | FMV | 5,436,199 | 5,436,199 |
| INVESTMENT FUND MACF - 79900 | FMV | 30,569,921 | 30,569,921 |
| INVESTMENT FUND MACF - 55464 | FMV | 5,702,601 | 5,702,601 |
| INVESTMENT FUND MACF - 69847 | FMV | 29,917,796 | 29,917,796 |
| INVESTMENT FUND MACF - 93647 | FMV | 6,106,405 | 6,106,405 |
| INVESTMENT FUND MACF - 20853 | FMV | 58,422,684 | 58,422,684 |
| INVESTMENT FUND MACF - 54491 | FMV | 27,796,908 | 27,796,908 |
| INVESTMENT FUND MACF - 17730 | FMV | 2,768,864 | 2,768,864 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND AND IMPROVEMENTS | 6,980,140 | 2,013,177 | 4,966,963 | 4,966,963 |
| BUILDING | 50,524,516 | 22,104,475 | 28,420,041 | 28,420,041 |
| FURNITURE AND EQUIPMENT | 4,388,784 | 4,059,043 | 329,741 | 329,741 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES - OTHER | 166,769 | 0 | 165,364 | |
| LEGAL FEES - INVESTMENT | 560,677 | 560,677 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PROGRAM-RELATED INVESTMENTS | 18,648,043 | 20,444,041 | 20,836,705 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES AND EQUIPMENT | 163,807 | 35,072 | 125,780 | |
| DUES AND SUBSCRIPTIONS | 585,420 | 204,191 | 388,900 | |
| RECRUITING AND RELOCATION | 312,130 | 59,722 | 251,453 | |
| TECHNOLOGY EXPENSES | 565,173 | 99,226 | 385,898 | |
| INSURANCE | 95,115 | 19,741 | 76,299 | |
| GRANT AND PRI DISCOUNT | -282,595 | 0 | 0 | |
| EXPENSES FROM FLOW-THROUGH INVESTMENTS | 0 | 40,592,601 | 0 | |
| OTHER EXPENSES | 6,972 | 6,205 | 20,706 | |
| STATE UBI TAX EXPENSE | 123,408 | 0 | 0 | |
| PURCHASED SERVICES AND PROFESSIONAL DEVELOPMENT | 354,201 | 13,017 | 330,020 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME FROM INVESTMENTS | 13,282,695 | ||
| INTEREST AND OTHER INCOME FROM PRIS | 946,425 | 1,286,226 | 946,425 |
| OTHER INCOME FROM FLOW-THROUGH INVESTMENTS | 72,641,913 | ||
| CURRENT UBI TAX BENEFIT | 480,000 | 480,000 | 480,000 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 102,658,600 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED TAX LIABILITY | 3,751,364 | 4,382,745 |
| POSTRETIREMENT BENEFIT LIABILITY | 10,472,160 | 10,498,449 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING - PROGRAM | 3,204,477 | 0 | 3,107,380 | |
| CONSULTING - INVESTMENT MANAGEMENT | 5,158,007 | 5,158,007 | 0 | |
| INVESTMENT COMMITTEE COMPENSATION | 34,200 | 34,200 | 0 | |
| INVESTMENT SOFTWARE | 588,669 | 588,669 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 2,372,326 | 0 | 0 | |
| OTHER TAXES | 330,112 | 0 | 0 |
| Name | US / Foreign Address |
EIN | Description | Amount |
|---|---|---|---|---|
| ANNE RAY FOUNDATION |
6889 ROWLAND ROAD EDEN PRAIRIE,MN55344 |
47-1036008 | EXPENSE REIMBURSEMENT (SEE STATEMENT 26) | 0 |
| Total | 34,722,665 | |||