PFM Multi-Manager International Equity Fund Holdings as of: 06/30/2021

CUSIP Number Ticker SEDOL Number Security Name Shares/Par Value Base Market Value Base % Market Value Major Industry Name Trade Country Code 46432F834 IXUS B8DPR39 ISHARES CORE MSCI TOTAL INTERN 2,680,011.000 196,444,806.30 34.83% COMMINGLED FUND US 04314H576 APHJX BD70QM7 ARTISAN INTERNATIONAL SMALL MI 1,114,781.371 24,257,642.63 4.30% COMMINGLED FUND US BMMV2K903 700 BMMV2K8 TENCENT HOLDINGS LTD 113,400.000 8,529,500.40 1.51% COMMUNICATION SERVICES HK 406141903 MC 4061412 LVMH MOET HENNESSY LOUIS VUI 8,485.000 6,653,398.72 1.18% CONSUMER DISCRETIONARY FR 874039100 TSM 2113382 TAIWAN SEMICONDUCTOR SP ADR 54,448.000 6,542,471.68 1.16% INFORMATION TECHNOLOGY US B4TX8S909 1299 B4TX8S1 AIA GROUP LTD 499,500.000 6,208,125.65 1.10% FINANCIALS HK 857492623 SSNXX STATE STREET INSTITUTIONAL TRE 5,674,481.790 5,674,481.79 1.01% COMMINGLED FUND US G1151C101 ACN B4BNMY3 ACCENTURE PLC CL A 18,590.000 5,480,146.10 0.97% INFORMATION TECHNOLOGY US B1WT5G909 DSV B1WT5G2 DSV PANALPINA A/S 19,268.000 4,493,434.33 0.80% INDUSTRIALS DK B19NLV907 EXPN B19NLV4 EXPERIAN PLC 111,602.000 4,301,000.15 0.76% INDUSTRIALS GB 677172009 005930 6771720 SAMSUNG ELECTRONICS CO LTD 57,385.000 4,112,213.74 0.73% INFORMATION TECHNOLOGY KR ACI198PY5 ALC BJT1GR5 ALCON INC 55,498.000 3,885,609.77 0.69% HEALTH CARE CH 967JXD907 2269 BL6B9P1 WUXI BIOLOGICS CAYMAN INC 195,924.000 3,590,791.85 0.64% HEALTH CARE HK 40415F101 HDB 2781648 HDFC BANK LTD ADR 48,370.000 3,536,814.40 0.63% FINANCIALS US 005367008 AHT 0053673 ASHTEAD GROUP PLC 45,800.000 3,398,369.64 0.60% INDUSTRIALS GB 82509L107 SHOP BXDZ9Z0 SHOPIFY INC CLASS A 2,300.000 3,360,254.00 0.60% INFORMATION TECHNOLOGY US N07059210 ASML B908F01 ASML HOLDING NV NY REG SHS 4,775.000 3,298,761.00 0.58% INFORMATION TECHNOLOGY US 494281900 SMSN 4942818 SAMSUNG ELECTR GDR REG S 1,847.000 3,294,124.50 0.58% INFORMATION TECHNOLOGY GB 13645T100 CP 2793104 CANADIAN PACIFIC RAILWAY LTD 42,500.000 3,268,675.00 0.58% INDUSTRIALS US 58733R102 MELI B23X1H3 MERCADOLIBRE INC 2,048.000 3,190,353.92 0.57% CONSUMER DISCRETIONARY US 47215P106 JD BMM27D9 JD.COM INC ADR 39,133.000 3,123,204.73 0.55% CONSUMER DISCRETIONARY US 618549901 CSL 6185495 CSL LTD 14,482.000 3,097,385.21 0.55% HEALTH CARE AU 688910900 2330 6889106 TAIWAN SEMICONDUCTOR MANUFAC 141,000.000 3,011,036.34 0.53% INFORMATION TECHNOLOGY TW 761152107 RMD 2732903 RESMED INC 12,000.000 2,958,240.00 0.52% HEALTH CARE US B0MP1B905 2313 B0MP1B0 SHENZHOU INTERNATIONAL GROUP 116,400.000 2,939,870.95 0.52% CONSUMER DISCRETIONARY HK ACI136GD1 SIKA BF2DSG3 SIKA AG REG 8,692.000 2,841,750.88 0.50% MATERIALS CH 112585955 BAM.A 2092599 BROOKFIELD ASSET MANAGE CL A 52,800.000 2,693,668.93 0.48% FINANCIALS CA 01609W102 BABA BP41ZD1 ALIBABA GROUP HOLDING SP ADR 11,845.000 2,686,209.10 0.48% CONSUMER DISCRETIONARY US 710306903 NOVN 7103065 NOVARTIS AG REG 28,904.000 2,634,082.99 0.47% HEALTH CARE CH 682150008 6758 6821506 SONY GROUP CORP 27,000.000 2,628,426.12 0.47% CONSUMER DISCRETIONARY JP 649099009 6861 6490995 KEYENCE CORP 4,900.000 2,473,045.59 0.44% INFORMATION TECHNOLOGY JP 733337901 LO3 7333378 LONZA GROUP AG REG 3,472.000 2,460,889.06 0.44% HEALTH CARE CH 559222955 MG 2554475 MAGNA INTERNATIONAL INC 26,400.000 2,444,278.80 0.43% CONSUMER DISCRETIONARY CA 592688105 MTD 2126249 METTLER TOLEDO INTERNATIONAL 1,763.000 2,442,354.42 0.43% HEALTH CARE US 712387901 NESN 7123870 NESTLE SA REG 19,564.000 2,436,275.69 0.43% CONSUMER STAPLES CH 533004909 DSY 5330047 DASSAULT SYSTEMES SE 10,000.000 2,424,859.01 0.43% INFORMATION TECHNOLOGY FR G25839104 CCEP BYQQ3P5 COCA COLA EUROPACIFIC PARTNE 40,639.000 2,410,705.48 0.43% CONSUMER STAPLES US ACI0JKHV4 RACE BD6G507 FERRARI NV 11,628.000 2,399,095.04 0.43% CONSUMER DISCRETIONARY IT 550021109 LULU B23FN39 LULULEMON ATHLETICA INC 6,500.000 2,372,305.00 0.42% CONSUMER DISCRETIONARY US BD97BN905 ATCOA BD97BN2 ATLAS COPCO AB A SHS 38,439.000 2,353,563.99 0.42% INDUSTRIALS SE 650626906 6920 6506267 LASERTEC CORP 12,100.000 2,351,491.97 0.42% INFORMATION TECHNOLOGY JP G0403H108 AON BLP1HW5 AON PLC CLASS A 9,580.000 2,287,320.80 0.41% FINANCIALS US 711038901 ROG 7110388 ROCHE HOLDING AG GENUSSCHEIN 5,987.000 2,255,356.77 0.40% HEALTH CARE CH 468232004 RI 4682329 PERNOD RICARD SA 10,101.000 2,242,143.46 0.40% CONSUMER STAPLES FR 29414B104 EPAM B44Z3T8 EPAM SYSTEMS INC 4,127.000 2,108,731.92 0.37% INFORMATION TECHNOLOGY US BJ2KSG907 AKZA BJ2KSG2 AKZO NOBEL N.V. 16,900.000 2,088,082.26 0.37% MATERIALS NL B3MSM2900 AMS B3MSM28 AMADEUS IT GROUP SA 29,210.000 2,054,593.36 0.36% INFORMATION TECHNOLOGY ES B4975P907 MGLU3 B4975P9 MAGAZINE LUIZA SA 476,566.000 2,026,493.00 0.36% CONSUMER DISCRETIONARY BR BZ1HM4902 ADYEN BZ1HM42 ADYEN NV 826.000 2,018,114.70 0.36% INFORMATION TECHNOLOGY NL G8473T100 STE BFY8C75 STERIS PLC 9,763.000 2,014,106.90 0.36% HEALTH CARE US 458836004 ML 4588364 MICHELIN (CGDE) 12,500.000 1,993,542.40 0.35% CONSUMER DISCRETIONARY FR 779255900 HEIA 7792559 HEINEKEN NV 16,200.000 1,963,175.34 0.35% CONSUMER STAPLES NL 635693005 6954 6356934 FANUC CORP 8,100.000 1,953,638.78 0.35% INDUSTRIALS JP ACI02GTQ9 ASML B929F46 ASML HOLDING NV 2,805.000 1,927,101.27 0.34% INFORMATION TECHNOLOGY NL 617520903 D05 6175203 DBS GROUP HOLDINGS LTD 86,700.000 1,922,010.11 0.34% FINANCIALS SG BJXSCH901 EVO BJXSCH4 EVOLUTION AB 11,931.000 1,885,404.98 0.33% CONSUMER DISCRETIONARY SE CNH YUAN RENMINBI OFFSHORE 12,104,877.920 1,871,487.99 0.33% CASH EQUIVALENT CN 664068004 6594 6640682 NIDEC CORP 15,900.000 1,842,679.69 0.33% INDUSTRIALS JP 563396902 NEM 5633962 NEMETSCHEK SE 23,800.000 1,820,809.44 0.32% INFORMATION TECHNOLOGY DE 092528900 GSK 0925288 GLAXOSMITHKLINE PLC 90,400.000 1,774,964.21 0.31% HEALTH CARE GB 45104G104 IBN 2569286 ICICI BANK LTD SPON ADR 103,208.000 1,764,856.80 0.31% FINANCIALS US G4705A100 ICLR B94G471 ICON PLC 8,315.000 1,718,793.65 0.30% HEALTH CARE US B082RF905 RTO B082RF1 RENTOKIL INITIAL PLC 241,500.000 1,653,631.37 0.29% INDUSTRIALS GB B1JB4K905 SY1 B1JB4K8 SYMRISE AG 11,800.000 1,644,042.55 0.29% MATERIALS DE BYZR01906 AMUN BYZR014 AMUNDI SA 18,600.000 1,639,785.71 0.29% FINANCIALS FR 465562106 ITUB 2849739 ITAU UNIBANCO H SPON PRF ADR 269,704.000 1,620,921.04 0.29% FINANCIALS US 624899902 9433 6248990 KDDI CORP 51,100.000 1,593,784.60 0.28% COMMUNICATION SERVICES JP 635694003 6702 6356945 FUJITSU LTD 8,300.000 1,553,985.32 0.28% INFORMATION TECHNOLOGY JP B058TZ909 SAF B058TZ6 SAFRAN SA 11,022.000 1,528,066.99 0.27% INDUSTRIALS FR BLRB26905 UNA BLRB262 UNILEVER PLC 26,100.000 1,527,751.89 0.27% CONSUMER STAPLES NL ACI0CQYQ0 ASSAB BYPC1T4 ASSA ABLOY AB B 49,900.000 1,503,163.09 0.27% INDUSTRIALS SE 637248907 2454 6372480 MEDIATEK INC 43,000.000 1,484,647.82 0.26% INFORMATION TECHNOLOGY TW G2519Y108 BAP 2232878 CREDICORP LTD 11,700.000 1,416,987.00 0.25% FINANCIALS US 572797900 SIE 5727973 SIEMENS AG REG 8,938.000 1,416,136.11 0.25% INDUSTRIALS DE ACI06R7K8 CFR BCRWZ18 CIE FINANCIERE RICHEMO A REG 11,694.000 1,414,907.65 0.25% CONSUMER DISCRETIONARY CH ACI07GG13 NOVOB BHC8X90 NOVO NORDISK A/S B 16,444.000 1,377,664.36 0.24% HEALTH CARE DK B01FLR903 2318 B01FLR7 PING AN INSURANCE GROUP CO H 138,000.000 1,351,686.57 0.24% FINANCIALS HK 649750007 6326 6497509 KUBOTA CORP 66,600.000 1,347,047.12 0.24% INDUSTRIALS JP 461785909 DPW 4617859 DEUTSCHE POST AG REG 19,559.000 1,330,298.10 0.24% INDUSTRIALS DE 076680008 CBG 0766807 CLOSE BROTHERS GROUP PLC 61,200.000 1,282,568.07 0.23% FINANCIALS GB 242104909 GFNORT 2421041 GRUPO FINANCIERO BANORTE O 198,832.000 1,280,328.86 0.23% FINANCIALS MX 660699901 FSR 6606996 FIRSTRAND LTD 340,175.000 1,276,609.12 0.23% FINANCIALS ZA B24CGK904 RKT B24CGK7 RECKITT BENCKISER GROUP PLC 14,300.000 1,265,402.70 0.22% CONSUMER STAPLES GB 456788108 INFY 2398822 INFOSYS LTD SP ADR 59,419.000 1,259,088.61 0.22% INFORMATION TECHNOLOGY US B0CGYD906 LREN3 B0CGYD6 LOJAS RENNER S.A. 141,581.000 1,259,022.80 0.22% CONSUMER DISCRETIONARY BR B142S6906 KNIA B142S60 KUEHNE NAGEL INTL AG REG 3,665.000 1,254,081.60 0.22% INDUSTRIALS CH 552902900 DAI 5529027 DAIMLER AG REGISTERED SHARES 14,038.000 1,253,410.69 0.22% CONSUMER DISCRETIONARY DE B15C55900 TTE B15C557 TOTALENERGIES SE 27,600.000 1,248,687.37 0.22% ENERGY FR B5LTM9909 4578 B5LTM93 OTSUKA HOLDINGS CO LTD 29,500.000 1,223,335.88 0.22% HEALTH CARE JP B1WGG9901 GEBN B1WGG93 GEBERIT AG REG 1,612.000 1,209,108.89 0.21% INDUSTRIALS CH 528983901 EBS 5289837 ERSTE GROUP BANK AG 32,900.000 1,207,005.89 0.21% FINANCIALS AT B01JCK900 2331 B01JCK9 LI NING CO LTD 98,000.000 1,196,553.46 0.21% CONSUMER DISCRETIONARY HK 98850P109 YUMC BYW4289 YUM CHINA HOLDINGS INC 17,676.000 1,171,035.00 0.21% CONSUMER DISCRETIONARY US 718472905 UHR 7184725 SWATCH GROUP AG/THE BR 3,412.000 1,170,460.74 0.21% CONSUMER DISCRETIONARY CH 656952009 8252 6569527 MARUI GROUP CO LTD 61,900.000 1,163,393.49 0.21% CONSUMER DISCRETIONARY JP 663955003 7974 6639550 NINTENDO CO LTD 1,999.000 1,162,747.02 0.21% INDUSTRIALS JP 474184900 MRK 4741844 MERCK KGAA 5,952.000 1,141,211.46 0.20% HEALTH CARE DE 055622104 BP 2142621 BP PLC SPONS ADR 42,885.000 1,133,021.70 0.20% ENERGY US 669888109 NOVKY B99CZN7 NOVATEK PJSC SPONS GDR REG S 5,071.000 1,112,070.30 0.20% ENERGY US 662269901 NPNj 6622691 NASPERS LTD N SHS 5,230.000 1,098,076.59 0.19% CONSUMER DISCRETIONARY ZA 645026907 A00066 6450267 SK HYNIX INC 9,674.000 1,095,267.06 0.19% INFORMATION TECHNOLOGY KR 796050888 SSNHZ B01D632 SAMSUNG ELECTR GDR REG S 609.000 1,086,151.50 0.19% INFORMATION TECHNOLOGY US B09M9D905 KNEBV B09M9D2 KONE OYJ B 13,313.000 1,086,069.33 0.19% INDUSTRIALS FI 656039906 035420 6560393 NAVER CORP 2,927.000 1,085,132.98 0.19% INFORMATION TECHNOLOGY KR 598662906 PHIA 5986622 KONINKLIJKE PHILIPS NV 21,607.000 1,070,680.82 0.19% HEALTH CARE NL 595937905 ERICB 5959378 ERICSSON LM B SHS 83,995.000 1,055,666.82 0.19% INFORMATION TECHNOLOGY SE 677164907 A00640 6771645 SAMSUNG SDI CO LTD PFD 1,685.000 1,044,381.30 0.19% INFORMATION TECHNOLOGY KR 13321L959 CCO 2166160 CAMECO CORP 53,700.000 1,029,293.32 0.18% ENERGY CA BNDPYV905 ERF BNDPYV1 EUROFINS SCIENTIFIC 8,935.000 1,021,326.90 0.18% HEALTH CARE FR B1XZS8907 AAL B1XZS82 ANGLO AMERICAN PLC 25,308.000 1,005,620.78 0.18% MATERIALS GB 438042905 PUB 4380429 PUBLICIS GROUPE 15,515.000 992,329.50 0.18% COMMUNICATION SERVICES FR 633393905 2688 6333937 ENN ENERGY HOLDINGS LTD 50,800.000 967,020.85 0.17% UTILITIES HK 767204100 RIO 2740434 RIO TINTO PLC SPON ADR 11,500.000 964,735.00 0.17% MATERIALS US ACI0054Q2 BAS 5086577 BASF SE 12,018.000 946,792.93 0.17% MATERIALS DE 575602909 BMW 5756029 BAYERISCHE MOTOREN WERKE AG 8,933.000 945,998.84 0.17% CONSUMER DISCRETIONARY DE B01B1L907 2319 B01B1L9 CHINA MENGNIU DAIRY CO 154,000.000 931,223.68 0.17% CONSUMER STAPLES HK BD5CPP908 000333 BD5CPP1 MIDEA GROUP CO LTD A 82,800.000 914,568.09 0.16% CONSUMER DISCRETIONARY HK 425304003 MAERSK 4253048 AP MOLLER MAERSK A/S B 314.000 902,507.47 0.16% INDUSTRIALS DK B5SC09903 SBER B5SC091 SBERBANK PJSC SPONSORED ADR 54,347.000 902,431.94 0.16% FINANCIALS GB ACI1X8ZS0 SWMA BP09MR2 SWEDISH MATCH AB 105,316.000 898,092.06 0.16% CONSUMER STAPLES SE 522865906 RAND 5228658 RANDSTAD NV 11,668.000 892,378.95 0.16% INDUSTRIALS NL B16CYP903 RIGD B16CYP9 RELIANCE INDS SPONS GDR 144A 15,576.000 881,601.60 0.16% ENERGY GB 641297908 JHX B60QWJ2 JAMES HARDIE INDUSTRIES CDI 25,914.000 879,786.58 0.16% MATERIALS AU 608625901 FMG 6086253 FORTESCUE METALS GROUP LTD 49,556.000 867,420.10 0.15% MATERIALS AU B1QH83908 VOLV B B1QH830 VOLVO AB B SHS 35,624.000 857,080.61 0.15% INDUSTRIALS SE 769835901 GETI B 7698356 GETINGE AB B SHS 22,707.000 856,477.44 0.15% HEALTH CARE SE 634691901 A05191 6346913 LG CHEM LTD 1,132.000 854,415.49 0.15% MATERIALS KR 715603908 PHBN 7156036 SONOVA HOLDING AG REG 2,206.000 829,708.73 0.15% HEALTH CARE CH B3DF0Y902 A10556 B3DF0Y6 KB FINANCIAL GROUP INC 16,603.000 822,667.85 0.15% FINANCIALS KR 689567006 8035 6895675 TOKYO ELECTRON LTD 1,900.000 822,287.23 0.15% INFORMATION TECHNOLOGY JP B18ZRK909 LOGN B18ZRK2 LOGITECH INTERNATIONAL REG 6,701.000 811,869.33 0.14% INFORMATION TECHNOLOGY CH 69343P105 LUKOY BYZF386 LUKOIL PJSC SPON ADR 8,730.000 803,160.00 0.14% ENERGY US 659704001 6503 6597045 MITSUBISHI ELECTRIC CORP 55,000.000 798,303.25 0.14% INDUSTRIALS JP 91912E105 VALE 2857334 VALE SA SP ADR 34,606.000 789,362.86 0.14% MATERIALS US 730968906 BNP 7309681 BNP PARIBAS 12,524.000 785,137.19 0.14% FINANCIALS FR B2B0DG904 REL B2B0DG9 RELX PLC 28,982.000 769,342.45 0.14% INDUSTRIALS GB 056752108 BIDU B0FXT17 BAIDU INC SPON ADR 3,773.000 769,314.70 0.14% COMMUNICATION SERVICES US 710889908 ABJ 7108899 ABB LTD REG 22,183.000 752,579.70 0.13% INDUSTRIALS CH 653323907 BSL 6533232 BLUESCOPE STEEL LTD 45,419.000 748,001.19 0.13% MATERIALS AU 596651901 GLE 5966516 SOCIETE GENERALE SA 25,243.000 744,106.80 0.13% FINANCIALS FR BK6YZP902 9988 BK6YZP5 ALIBABA GROUP HOLDING LTD 26,200.000 742,372.14 0.13% CONSUMER DISCRETIONARY HK B234WN909 DIA B234WN9 DIASORIN SPA 3,898.000 737,217.61 0.13% HEALTH CARE IT 627094006 6146 6270948 DISCO CORP 2,400.000 733,426.35 0.13% INFORMATION TECHNOLOGY JP 732015904 OTP 7320154 OTP BANK PLC 13,580.000 731,077.16 0.13% FINANCIALS HU B1FFT7902 IMP B1FFT76 IMPALA PLATINUM HOLDINGS LTD 43,997.000 725,549.97 0.13% MATERIALS ZA B17ZL5909 MIN B17ZL56 MINERAL RESOURCES LTD 18,006.000 725,548.54 0.13% MATERIALS AU 567173901 SAN 5671735 SANOFI 6,848.000 717,484.69 0.13% HEALTH CARE FR ACI06WQZ3 CNHI BDSV2V0 CNH INDUSTRIAL NV 42,920.000 708,676.61 0.13% INDUSTRIALS IT 549716900 VOW3 5497168 VOLKSWAGEN AG PREF 2,824.000 707,215.53 0.13% CONSUMER DISCRETIONARY DE G5960L103 MDT BTN1Y11 MEDTRONIC PLC 5,657.000 702,203.41 0.12% HEALTH CARE US BG36ZK906 B3SA3 BG36ZK1 B3 SA BRASIL BOLSA BALCAO 204,487.000 691,517.82 0.12% FINANCIALS BR 671825909 2333 6718255 GREAT WALL MOTOR COMPANY H 210,500.000 680,492.77 0.12% CONSUMER DISCRETIONARY HK 867224958 SU B3NB1P2 SUNCOR ENERGY INC 28,195.000 675,306.19 0.12% ENERGY CA 575035902 DBK 5750355 DEUTSCHE BANK AG REGISTERED 50,527.000 658,197.59 0.12% FINANCIALS DE 67812M207 OJSCY B1N63N5 ROSNEFT OIL CO PJSC REGS GDR 82,888.000 641,553.12 0.11% ENERGY US 665104907 BMRI 6651048 BANK MANDIRI PERSERO TBK PT 1,570,500.000 639,031.03 0.11% FINANCIALS ID BWSW5D906 S32 BWSW5D9 SOUTH32 LTD DI 289,221.000 635,520.89 0.11% MATERIALS AU 634445902 A05190 6344456 LG HOUSEHOLD + HEALTH CARE 404.000 632,107.63 0.11% CONSUMER STAPLES KR B1YXBJ905 AI B1YXBJ7 AIR LIQUIDE SA 3,589.000 628,390.34 0.11% MATERIALS FR 312152903 CCL 3121522 CARNIVAL PLC 27,100.000 622,591.23 0.11% CONSUMER DISCRETIONARY GB BH0P3Z907 BHP BH0P3Z9 BHP GROUP PLC 21,065.000 620,665.26 0.11% MATERIALS GB B1WVF6905 ANDR B1WVF68 ANDRITZ AG 11,012.000 618,663.42 0.11% INDUSTRIALS AT 661650903 6724 6616508 SEIKO EPSON CORP 34,300.000 603,287.28 0.11% INFORMATION TECHNOLOGY JP 655580009 6586 6555805 MAKITA CORP 12,800.000 602,583.37 0.11% INDUSTRIALS JP 643856909 2317 6438564 HON HAI PRECISION INDUSTRY 148,000.000 594,921.49 0.11% INFORMATION TECHNOLOGY TW 617232004 7751 6172323 CANON INC 26,200.000 592,651.33 0.11% INFORMATION TECHNOLOGY JP 484628904 SAP 4846288 SAP SE 4,157.000 585,781.77 0.10% INFORMATION TECHNOLOGY DE B4Q2TX906 916 B4Q2TX3 CHINA LONGYUAN POWER GROUP H 337,000.000 580,742.63 0.10% UTILITIES HK 714456902 ENEL 7144569 ENEL SPA 62,382.000 579,328.84 0.10% UTILITIES IT 416343002 CAP 4163437 CAPGEMINI SE 3,014.000 578,963.84 0.10% INFORMATION TECHNOLOGY FR 674429907 8795 6744294 T+D HOLDINGS INC 44,600.000 576,493.99 0.10% FINANCIALS JP 124765959 CAE 2162760 CAE INC 18,543.000 571,129.19 0.10% INDUSTRIALS CA B71N6K903 EVR B71N6K8 EVRAZ PLC 69,018.000 565,197.78 0.10% MATERIALS GB ACI06XDV4 3291 BFDTBS3 IIDA GROUP HOLDINGS CO LTD 21,800.000 561,213.38 0.10% CONSUMER DISCRETIONARY JP 636476905 KBANK- 6364766 KASIKORNBANK PCL NVDR 152,300.000 560,730.11 0.10% FINANCIALS TH BHNCRK908 1821 BHNCRK0 ESR CAYMAN LTD 165,600.000 558,803.76 0.10% REAL ESTATE HK B01RM2901 EMAAR B01RM25 EMAAR PROPERTIES PJSC 490,589.000 555,613.10 0.10% REAL ESTATE AE 059460303 BBD B00FSK0 BANCO BRADESCO ADR 107,641.000 552,198.33 0.10% FINANCIALS US 614650000 6448 6146500 BROTHER INDUSTRIES LTD 27,500.000 548,787.07 0.10% INFORMATION TECHNOLOGY JP G06242104 TEAM BZ09BD1 ATLASSIAN CORP PLC CLASS A 2,107.000 541,204.02 0.10% INFORMATION TECHNOLOGY US B17NY4905 ORNBV B17NY40 ORION OYJ CLASS B 12,527.000 538,453.58 0.10% HEALTH CARE FI 642910004 6501 6429104 HITACHI LTD 9,400.000 538,218.64 0.10% INDUSTRIALS JP B0C2CQ902 ENGI B0C2CQ3 ENGIE 38,863.000 532,429.20 0.09% UTILITIES FR 615525904 A00081 6155250 SAMSUNG FIRE + MARINE INS 2,699.000 528,463.79 0.09% FINANCIALS KR 416921005 CARL B 4169219 CARLSBERG AS B 2,829.000 527,343.19 0.09% CONSUMER STAPLES DK 00215W100 ASX BFXQ991 ASE TECHNOLOGY HOLDING ADR 65,232.000 525,117.60 0.09% INFORMATION TECHNOLOGY US 625136007 1925 6251363 DAIWA HOUSE INDUSTRY CO LTD 17,200.000 516,332.87 0.09% REAL ESTATE JP 617369004 9697 6173694 CAPCOM CO LTD 17,400.000 509,023.81 0.09% COMMUNICATION SERVICES JP 626418909 A03657 6264189 NCSOFT CORP 685.000 498,779.03 0.09% CONSUMER DISCRETIONARY KR B2Q5H5907 2601 B2Q5H56 CHINA PACIFIC INSURANCE GR H 158,000.000 497,546.46 0.09% FINANCIALS HK 674720008 6963 6747204 ROHM CO LTD 5,300.000 489,950.04 0.09% INFORMATION TECHNOLOGY JP B0HZL9902 DSM B0HZL93 KONINKLIJKE DSM NV 2,623.000 489,549.04 0.09% MATERIALS NL BKFB1C908 MNG BKFB1C6 M+G PLC 153,827.000 487,073.75 0.09% FINANCIALS GB B0RNRF908 A08679 B0RNRF5 HANA FINANCIAL GROUP 11,809.000 482,888.11 0.09% FINANCIALS KR 675845903 7453 6758455 RYOHIN KEIKAKU CO LTD 22,700.000 476,088.03 0.08% CONSUMER DISCRETIONARY JP BYZF9J904 NDA SE BYZF9J9 NORDEA BANK ABP 42,766.000 476,027.29 0.08% FINANCIALS SE BJVNSS903 FERG BJVNSS4 FERGUSON PLC 3,396.000 472,117.51 0.08% INDUSTRIALS GB B09CBL906 RDSA B09CBL4 ROYAL DUTCH SHELL PLC A SHS 23,250.000 468,778.01 0.08% ENERGY NL B7FQV6904 RADL3 B7FQV64 RAIA DROGASIL SA 93,153.000 462,787.13 0.08% CONSUMER STAPLES BR B10RZP905 ULVR B10RZP7 UNILEVER PLC 7,907.000 462,721.64 0.08% CONSUMER STAPLES GB 670625904 2328 6706250 PICC PROPERTY + CASUALTY H 526,000.000 460,672.57 0.08% FINANCIALS HK 667304901 IPL 6673042 INCITEC PIVOT LTD 255,748.000 456,479.82 0.08% MATERIALS AU 264551904 GGBR4 2645517 GERDAU SA PREF 76,313.000 454,306.15 0.08% MATERIALS BR 600521900 2345 6005214 ACCTON TECHNOLOGY CORP 38,000.000 450,749.21 0.08% INFORMATION TECHNOLOGY TW 05278C107 ATHM BH5QGR0 AUTOHOME INC ADR 7,009.000 448,295.64 0.08% COMMUNICATION SERVICES US ACI0V4RB9 MT BYPBS67 ARCELORMITTAL 14,579.000 446,870.27 0.08% MATERIALS NL 282388909 AC * 2823885 ARCA CONTINENTAL SAB DE CV 76,300.000 441,555.53 0.08% CONSUMER STAPLES MX BNKF60908 KINV B BNKF607 KINNEVIK AB B 10,954.000 438,513.27 0.08% FINANCIALS SE BD5CQ0902 000338 BD5CQ03 WEICHAI POWER CO LTD A 156,995.000 434,190.57 0.08% INDUSTRIALS HK 438090805 HNHPF BGT36V4 HON HAI PRECISION GDR REG S 53,194.000 429,807.52 0.08% INFORMATION TECHNOLOGY US B1VQ25903 SAND B1VQ252 SANDVIK AB 16,779.000 428,586.88 0.08% INDUSTRIALS SE 634025001 FPH 6340250 FISHER + PAYKEL HEALTHCARE C 19,627.000 426,943.82 0.08% HEALTH CARE NZ 698502002 9831 6985026 YAMADA HOLDINGS CO LTD 92,200.000 425,749.13 0.08% CONSUMER DISCRETIONARY JP BLGZ98903 TSCO BLGZ986 TESCO PLC 137,802.000 424,990.64 0.08% CONSUMER STAPLES GB 759470107 RLNIY B01DPW4 RELIANCE INDS SPONS GDR 144A 7,442.000 421,217.20 0.07% ENERGY US BCZM1B902 PSM BCZM1B2 PROSIEBENSAT.1 MEDIA SE 21,048.000 418,664.89 0.07% COMMUNICATION SERVICES DE 652766908 2891 6527666 CTBC FINANCIAL HOLDING CO LT 513,000.000 417,948.86 0.07% FINANCIALS TW 664238003 7951 6642387 YAMAHA CORP 7,700.000 417,939.60 0.07% CONSUMER DISCRETIONARY JP B0DJ8Q909 ALO B0DJ8Q5 ALSTOM 8,244.000 416,331.05 0.07% INDUSTRIALS FR BD5C7D905 300012 BD5C7D3 CENTRE TESTING INTL GROUP A 83,400.000 411,485.35 0.07% INDUSTRIALS HK 291843951 EMP.A 2314000 EMPIRE CO LTD A 13,024.000 410,808.65 0.07% CONSUMER STAPLES CA 44332N106 HTHT BFMFKK7 HUAZHU GROUP LTD ADR 7,743.000 408,907.83 0.07% CONSUMER DISCRETIONARY US BN4MYF907 VWS BN4MYF5 VESTAS WIND SYSTEMS A/S 10,295.000 401,868.21 0.07% INDUSTRIALS DK 567151907 WKL 5671519 WOLTERS KLUWER 3,993.000 401,123.81 0.07% INDUSTRIALS NL 14068G955 CS 2759162 CAPSTONE MINING CORP 91,300.000 396,252.02 0.07% MATERIALS CA G68707101 PAGS BFWK4R7 PAGSEGURO DIGITAL LTD CL A 7,067.000 395,186.64 0.07% INFORMATION TECHNOLOGY US 663997005 6849 6639970 NIHON KOHDEN CORP 13,700.000 390,917.68 0.07% HEALTH CARE JP 525064903 ORDI 5250640 ORDINA NV 86,709.000 388,641.49 0.07% INFORMATION TECHNOLOGY NL 459858908 CON 4598589 CONTINENTAL AG 2,612.000 383,988.29 0.07% CONSUMER DISCRETIONARY DE 649542909 A01013 6495428 KOREA ZINC CO LTD 998.000 382,397.55 0.07% MATERIALS KR 09075V102 BNTX BK6H543 BIONTECH SE ADR 1,667.000 373,207.96 0.07% UNCLASSIFIED US 656302908 8316 6563024 SUMITOMO MITSUI FINANCIAL GR 10,800.000 372,329.99 0.07% FINANCIALS JP 256135203 RDY 2748881 DR. REDDY S LABORATORIES ADR 5,053.000 371,446.03 0.07% HEALTH CARE US 87262K956 X B8KH5G7 TMX GROUP LTD 3,461.000 365,588.37 0.06% FINANCIALS CA 680482007 7309 6804820 SHIMANO INC 1,500.000 355,776.59 0.06% CONSUMER DISCRETIONARY JP 473249902 TEL 4732495 TELENOR ASA 20,929.000 352,699.77 0.06% COMMUNICATION SERVICES NO 024054900 SDR 0240549 SCHRODERS PLC 7,113.000 345,658.57 0.06% FINANCIALS GB B128R9900 EQTL3 B128R96 EQUATORIAL ENERGIA SA ORD 68,934.000 343,713.70 0.06% UTILITIES BR 55953Q202 MGPSF BYV0WV1 MAGNIT PJSC SPON GDR REGS 23,620.000 342,608.10 0.06% CONSUMER STAPLES US 698526001 7272 6985264 YAMAHA MOTOR CO LTD 12,600.000 342,517.67 0.06% CONSUMER DISCRETIONARY JP 713360907 EQNR 7133608 EQUINOR ASA 16,110.000 340,867.44 0.06% ENERGY NO ACI06DSC4 RICHT BC9ZH86 RICHTER GEDEON NYRT 12,566.000 334,534.33 0.06% HEALTH CARE HU 294542907 WEGE3 2945422 WEG SA 49,338.000 334,190.60 0.06% INDUSTRIALS BR BFF1YZ904 603833 BFF1YZ5 OPPEIN HOME GROUP INC A 15,200.000 333,948.57 0.06% CONSUMER DISCRETIONARY HK B5B23W909 1928 B5B23W2 SANDS CHINA LTD 78,800.000 331,872.80 0.06% CONSUMER DISCRETIONARY HK 607642907 LUMI 6076425 BANK LEUMI LE ISRAEL 43,371.000 329,391.58 0.06% FINANCIALS IL 652073909 A06657 6520739 LG ELECTRONICS INC 2,231.000 323,907.56 0.06% CONSUMER DISCRETIONARY KR 670039007 1216 6700393 UNI PRESIDENT ENTERPRISES CO 123,000.000 323,144.01 0.06% CONSUMER STAPLES TW BDD85M907 AVST BDD85M8 AVAST PLC 46,964.000 318,200.04 0.06% INFORMATION TECHNOLOGY GB B1FP6W900 G5EN B1FP6W0 G5 ENTERTAINMENT AB 5,179.000 318,010.36 0.06% COMMUNICATION SERVICES SE N97284108 YNDX B5BSZB3 YANDEX NV A 4,435.000 313,776.25 0.06% COMMUNICATION SERVICES US 070995006 PRU 0709954 PRUDENTIAL PLC 16,467.000 312,866.83 0.06% FINANCIALS GB 19239C957 CCA BZCDFX9 COGECO COMMUNICATIONS INC 3,187.000 311,629.78 0.06% COMMUNICATION SERVICES CA 459573903 GMAB 4595739 GENMAB A/S 756.000 309,331.63 0.05% HEALTH CARE DK 715684106 TLK 2882228 TELKOM INDONESIA PERSERO ADR 14,272.000 309,274.24 0.05% COMMUNICATION SERVICES US 680157906 SHP 6801575 SHOPRITE HOLDINGS LTD 28,409.000 309,236.34 0.05% CONSUMER STAPLES ZA HKD HONG KONG DOLLAR 2,396,834.320 308,699.34 0.05% CASH EQUIVALENT HK 691670004 MZTF 6916703 MIZRAHI TEFAHOT BANK LTD 10,003.000 308,053.68 0.05% FINANCIALS IL 403197908 ADS 4031976 ADIDAS AG 826.000 307,442.95 0.05% CONSUMER DISCRETIONARY DE B27WY8904 DTEX3 B27WY88 DURATEX SA 64,087.000 306,661.02 0.05% MATERIALS BR 711072900 ADEN 7110720 ADECCO GROUP AG REG 4,462.000 303,141.12 0.05% INDUSTRIALS CH BBT3PS900 PLUS BBT3PS9 PLUS500 LTD 16,208.000 299,314.02 0.05% FINANCIALS GB 783513203 RYAAY BYYN585 RYANAIR HOLDINGS PLC SP ADR 2,744.000 296,928.24 0.05% INDUSTRIALS US 05965X109 BSAC 2136646 BANCO SANTANDER CHILE ADR 14,720.000 292,486.40 0.05% FINANCIALS US B1YCHL900 SBSP3 B1YCHL8 CIA SANEAMENTO BASICO DE SP 39,700.000 291,975.15 0.05% UTILITIES BR B1YW44908 III B1YW440 3I GROUP PLC 17,716.000 287,461.74 0.05% FINANCIALS GB ACI0HD305 MRP BYXW419 MR PRICE GROUP LTD 19,390.000 285,853.14 0.05% CONSUMER DISCRETIONARY ZA ACI126S98 3711 BFXZDY1 ASE TECHNOLOGY HOLDING CO LT 71,000.000 285,401.53 0.05% INFORMATION TECHNOLOGY TW 23292E108 DIDI BMBR6F0 DIDI GLOBAL INC 19,991.000 282,672.74 0.05% INDUSTRIALS US B1FW75903 GALP B1FW751 GALP ENERGIA SGPS SA 25,938.000 281,478.80 0.05% ENERGY PT 738048909 SGO 7380482 COMPAGNIE DE SAINT GOBAIN 4,203.000 276,795.13 0.05% INDUSTRIALS FR B09DHL908 MTX B09DHL9 MTU AERO ENGINES AG 1,099.000 272,225.82 0.05% INDUSTRIALS DE 634968903 TFG 6349688 THE FOSCHINI GROUP LTD 24,350.000 271,192.16 0.05% CONSUMER DISCRETIONARY ZA B09C0Z907 APN B09C0Z1 ASPEN PHARMACARE HOLDINGS LT 23,775.000 269,866.23 0.05% HEALTH CARE ZA 647581107 EDU B1CN1G6 NEW ORIENTAL EDUCATIO SP ADR 32,572.000 266,764.68 0.05% CONSUMER DISCRETIONARY US 85853F964 SJ 2809777 STELLA JONES INC 7,400.000 266,426.27 0.05% MATERIALS CA BBJPFY900 VNA BBJPFY1 VONOVIA SE 4,065.000 262,790.45 0.05% REAL ESTATE DE B03NGS908 PKO B03NGS5 PKO BANK POLSKI SA 26,484.000 262,756.29 0.05% FINANCIALS PL 588950907 IFX 5889505 INFINEON TECHNOLOGIES AG 6,499.000 260,623.35 0.05% INFORMATION TECHNOLOGY DE BJGV3C904 YDUQ3 BJGV3C2 YDUQS PARTICIPACOES SA 39,390.000 260,076.32 0.05% CONSUMER DISCRETIONARY BR 331952903 KGF 3319521 KINGFISHER PLC 51,364.000 258,983.88 0.05% CONSUMER DISCRETIONARY GB BYXL3S909 PLZL BYXL3S6 POLYUS PJSC REG S GDR 2,643.000 255,710.25 0.05% MATERIALS GB 628021909 GFI 6280215 GOLD FIELDS LTD 27,909.000 250,946.47 0.04% MATERIALS ZA BF4J7N904 HAPV3 BF4J7N9 HAPVIDA PARTICIPACOES E INVE 80,844.000 250,473.69 0.04% HEALTH CARE BR 313486904 BARC 3134865 BARCLAYS PLC 104,562.000 247,509.01 0.04% FINANCIALS GB B63QM7907 3659 B63QM77 NEXON CO LTD 10,900.000 242,930.82 0.04% COMMUNICATION SERVICES JP 592296909 AFX 5922961 CARL ZEISS MEDITEC AG BR 1,254.000 242,295.35 0.04% HEALTH CARE DE 662800903 NED 6628008 NEDBANK GROUP LTD 19,562.000 234,072.75 0.04% FINANCIALS ZA BKPQZT900 9618 BKPQZT6 JD.COM INC CL A 5,900.000 232,069.86 0.04% CONSUMER DISCRETIONARY HK B8KF9B904 WPP B8KF9B4 WPP PLC 17,028.000 229,471.18 0.04% COMMUNICATION SERVICES GB 98387E205 X 5 RETAIL GROUP NV REGS GDR 6,530.000 228,941.80 0.04% CONSUMER STAPLES US 880890108 TX B0XGGY0 TERNIUM SA SPONSORED ADR 5,879.000 226,106.34 0.04% MATERIALS US BD5M22902 002032 BD5M227 ZHEJIANG SUPOR CO LTD A 22,861.000 225,692.87 0.04% CONSUMER DISCRETIONARY HK 629090903 A03264 6290902 LG UPLUS CORP 16,209.000 220,936.95 0.04% COMMUNICATION SERVICES KR 680403003 8227 6804035 SHIMAMURA CO LTD 2,300.000 220,694.00 0.04% CONSUMER DISCRETIONARY JP BJ0K6Z901 KLBN11 BJ0K6Z9 KLABIN SA UNIT 41,036.000 217,316.39 0.04% MATERIALS BR B03MVJ903 KCHOL B03MVJ8 KOC HOLDING AS 102,025.000 214,789.47 0.04% INDUSTRIALS TR 603050006 101 6030506 HANG LUNG PROPERTIES LTD 84,000.000 204,041.57 0.04% REAL ESTATE HK 81141R100 SE BYWD7L4 SEA LTD ADR 717.000 196,888.20 0.03% COMMUNICATION SERVICES US 601941909 8515 6019419 AIFUL CORP 55,400.000 190,991.49 0.03% FINANCIALS JP BMD58R909 EPIA BMD58R8 EPIROC AB A 8,260.000 188,207.66 0.03% INDUSTRIALS SE B0D000905 BIMAS B0D0006 BIM BIRLESIK MAGAZALAR AS 26,151.000 186,669.50 0.03% CONSUMER STAPLES TR 344419106 FMX 2246039 FOMENTO ECONOMICO MEX SP ADR 2,180.000 184,231.80 0.03% CONSUMER STAPLES US 201712205 CMGGF B04R2D3 COMMERCIAL INTL BANK GDR REG 55,696.000 182,961.36 0.03% FINANCIALS US B14RJB900 3038 B14RJB7 KOBE BUSSAN CO LTD 5,800.000 182,726.50 0.03% CONSUMER STAPLES JP 603773904 8570 6037734 AEON FINANCIAL SERVICE CO LT 15,200.000 179,097.17 0.03% FINANCIALS JP BHZSKR902 MCG BHZSKR4 MULTICHOICE GROUP LTD 21,522.000 176,848.14 0.03% COMMUNICATION SERVICES ZA 604095901 AVIj 6040958 AVI LTD 35,164.000 174,958.14 0.03% CONSUMER STAPLES ZA ACI0H9VW3 HBH BZBWTJ1 HORNBACH HOLDING AG + CO KGA 1,527.000 174,002.55 0.03% CONSUMER DISCRETIONARY DE BP3QYZ900 LOG BP3QYZ2 CIA DE DISTRIBUCION INTEGRAL 8,199.000 168,578.88 0.03% INDUSTRIALS ES BFMNCT906 HARVIA BFMNCT4 HARVIA OYJ 2,767.000 167,329.50 0.03% CONSUMER DISCRETIONARY FI 526325907 KGH 5263251 KGHM POLSKA MIEDZ SA 3,311.000 162,944.96 0.03% MATERIALS PL 505160903 HTO 5051605 HELLENIC TELECOMMUN ORGANIZA 9,396.000 157,649.51 0.03% COMMUNICATION SERVICES GR 607574001 CIMB 6075745 CIMB GROUP HOLDINGS BHD 141,900.000 157,571.72 0.03% FINANCIALS MY 670909902 BBRI 6709099 BANK RAKYAT INDONESIA PERSER 577,900.000 157,029.38 0.03% FINANCIALS ID 240645903 CEMEX 2406457 CEMEX SAB CPO 179,244.000 150,883.63 0.03% MATERIALS MX 617462908 4733 6174620 OBIC BUSINESS CONSULTANTS 2,600.000 150,249.79 0.03% INFORMATION TECHNOLOGY JP BNDLH4903 SAVE BNDLH43 NORDNET AB PUBL 8,760.000 147,857.82 0.03% FINANCIALS SE 071887004 RIO 0718875 RIO TINTO PLC 1,787.000 147,056.72 0.03% MATERIALS GB B1WP65900 DNORD B1WP656 D/S NORDEN 4,524.000 143,916.76 0.03% INDUSTRIALS DK 659180004 8253 6591809 CREDIT SAISON CO LTD 11,800.000 143,815.65 0.03% FINANCIALS JP KRW SOUTH KOREAN WON 161,715,360.000 143,600.20 0.03% CASH EQUIVALENT KR BFC9VL904 FNM BFC9VL7 FERRONORDIC AB 5,332.000 140,494.50 0.02% INDUSTRIALS SE BBH7K6907 BPOST BBH7K66 BPOST SA 11,623.000 139,060.12 0.02% INDUSTRIALS BE B0WGLX904 8707 B0WGLX5 IWAICOSMO HOLDINGS INC 9,000.000 133,426.35 0.02% FINANCIALS JP 494340904 VOE 4943402 VOESTALPINE AG 3,254.000 132,498.52 0.02% MATERIALS AT 80585Y308 SBRCY B3P7N29 SBERBANK PJSC SPONSORED ADR 7,779.000 129,831.51 0.02% FINANCIALS US BFRB2W901 799 BFRB2W6 IGG INC 94,000.000 124,214.67 0.02% COMMUNICATION SERVICES HK 440283901 HAL 4402839 HAL TRUST 690.000 121,416.07 0.02% FINANCIALS NL B0FLGQ903 NEWA B B0FLGQ5 NEW WAVE GROUP AB B SHS 9,514.000 120,730.12 0.02% CONSUMER DISCRETIONARY SE BL9YN4907 BETSB BL9YN44 BETSSON AB B 14,579.000 118,906.56 0.02% CONSUMER DISCRETIONARY SE 596091900 COLUM 5960916 COLUMBUS A/S 69,275.000 117,534.14 0.02% INFORMATION TECHNOLOGY DK JPY JAPANESE YEN 13,046,859.000 117,438.76 0.02% CASH EQUIVALENT JP 528658909 JCQ 5286582 JACQUET METALS SA 5,061.000 117,021.09 0.02% INDUSTRIALS FR ACI09H8S9 INWI BQY78Q0 INWIDO AB 6,669.000 115,330.74 0.02% INDUSTRIALS SE 429473903 ELAN B 4294735 ELANDERS AB B SHS 6,002.000 115,297.65 0.02% INDUSTRIALS SE 53278L966 LNR 2516022 LINAMAR CORP 1,800.000 112,899.32 0.02% CONSUMER DISCRETIONARY CA B05H32900 3774 B05H328 INTERNET INITIATIVE JAPAN 3,500.000 108,690.76 0.02% COMMUNICATION SERVICES JP ACI00NOV0 ACCEL B051DV9 ACCELL GROUP 2,020.000 108,503.25 0.02% CONSUMER DISCRETIONARY NL 73181M117 POLYUS PJSC REG S GDR 1,113.000 107,682.75 0.02% MATERIALS US BZ1MXR908 ALPHA BZ1MXR7 ALPHA SERVICES AND HOLDINGS 81,335.000 103,965.54 0.02% FINANCIALS GR 623864006 CSR 6238645 CSR LTD 23,515.000 101,578.05 0.02% MATERIALS AU ACI0CCGM0 ZEHN BWX5Y69 ZEHNDER GROUP AG RG 1,028.000 97,994.70 0.02% INDUSTRIALS CH 151290889 CX 2488671 CEMEX SAB SPONS ADR PART CER 11,528.000 96,835.20 0.02% MATERIALS US 634160907 FBU 6341606 FLETCHER BUILDING LTD 17,806.000 93,596.89 0.02% MATERIALS NZ BMD7TD903 4933 BMD7TD7 I NE CO LTD 1,800.000 91,867.32 0.02% CONSUMER STAPLES JP 146900956 CAS 2179254 CASCADES INC 7,300.000 89,866.09 0.02% MATERIALS CA 649670007 4902 6496700 KONICA MINOLTA INC 14,600.000 80,691.30 0.01% INFORMATION TECHNOLOGY JP 659797005 8622 6597971 MITO SECURITIES CO LTD 30,100.000 79,656.15 0.01% FINANCIALS JP 690095906 9715 6900955 TRANSCOSMOS INC 2,800.000 77,375.22 0.01% INFORMATION TECHNOLOGY JP 557657905 FSKRS 5576573 FISKARS OYJ ABP 3,395.000 73,829.90 0.01% CONSUMER DISCRETIONARY FI 137576955 CFP B18P4F6 CANFOR CORP 3,200.000 73,210.71 0.01% MATERIALS CA BW9PJQ908 G4M BW9PJQ8 GEAR4MUSIC HOLDINGS PLC 5,112.000 70,714.29 0.01% CONSUMER DISCRETIONARY GB 661687905 7419 6616876 NOJIMA CO LTD 2,800.000 69,209.24 0.01% CONSUMER DISCRETIONARY JP ACI0PJTF2 SO BYXKN05 SOMFY SA 380.000 64,523.78 0.01% INDUSTRIALS FR BFNH9M907 7199 BFNH9M7 PREMIUM GROUP CO LTD 2,000.000 63,189.16 0.01% FINANCIALS JP 544960909 HAW 5449608 HAWESKO HOLDING AG 889.000 62,826.26 0.01% CONSUMER STAPLES DE 19238T100 CGO 2186890 COGECO INC 800.000 62,045.82 0.01% COMMUNICATION SERVICES CA 685850000 4203 6858504 SUMITOMO BAKELITE CO LTD 1,400.000 61,874.97 0.01% MATERIALS JP 660392903 6727 6603920 WACOM CO LTD 9,500.000 60,371.75 0.01% INFORMATION TECHNOLOGY JP 460919954 ITP 2459901 INTERTAPE POLYMER GROUP INC 2,600.000 60,280.74 0.01% MATERIALS CA BRL BRAZILIAN REAL 299,078.960 60,130.88 0.01% CASH EQUIVALENT BR 637422007 6457 6374226 GLORY LTD 2,800.000 58,044.02 0.01% INDUSTRIALS JP ACI0J8B70 EUROB BYZ43T4 EUROBANK ERGASIAS SERVICES A 57,518.000 57,971.68 0.01% FINANCIALS GR B130WD901 RATO B B130WD0 RATOS AB B SHS 9,216.000 55,889.79 0.01% FINANCIALS SE 612381905 FIBI 6123815 FIRST INTL BANK ISRAEL 1,742.000 55,784.18 0.01% FINANCIALS IL ZAR SOUTH AFRICAN RAND 793,336.700 55,555.79 0.01% CASH EQUIVALENT ZA TWD NEW TAIWAN DOLLAR 1,530,879.000 54,944.06 0.01% CASH EQUIVALENT TW 665794004 8609 6657949 OKASAN SECURITIES GROUP INC 14,400.000 53,921.42 0.01% FINANCIALS JP 565348901 ADV 5653487 ADVA OPTICAL NETWORKING SE 3,827.000 53,002.27 0.01% INFORMATION TECHNOLOGY DE CHF SWISS FRANC 48,877.750 52,826.53 0.01% CASH EQUIVALENT CH B3M2G1906 SCANFL B3M2G17 SCANFIL OYJ 5,613.000 52,313.14 0.01% INFORMATION TECHNOLOGY FI 690030002 7261 6900308 MAZDA MOTOR CORP 5,400.000 50,745.76 0.01% CONSUMER DISCRETIONARY JP BKM3XN909 PARB BKM3XN0 PARETO BANK ASA 8,128.000 49,088.11 0.01% FINANCIALS NO 663452001 NZR 6634522 NEW ZEALAND REFINING CO LTD 101,742.000 47,648.84 0.01% ENERGY NZ 709732903 GBLB 7097328 GROUPE BRUXELLES LAMBERT SA 424.000 47,430.19 0.01% FINANCIALS BE ACI07CVC1 PGH BH57VC3 PACT GROUP HOLDINGS LTD 17,018.000 47,221.81 0.01% MATERIALS AU 623500907 G07 6235000 GREAT EASTERN HOLDINGS LTD 2,800.000 46,330.04 0.01% FINANCIALS SG 596884908 PIG 5968846 HAULOTTE GROUP 5,851.000 44,402.07 0.01% INDUSTRIALS FR BGQYC4901 CTT BGQYC45 CTT CORREIOS DE PORTUGAL 7,661.000 43,785.03 0.01% INDUSTRIALS PT 656965001 8613 6569657 MARUSAN SECURITIES CO LTD 8,000.000 43,494.31 0.01% FINANCIALS JP 664310000 8604 6643108 NOMURA HOLDINGS INC 8,400.000 42,931.91 0.01% FINANCIALS JP 15712L951 CERV B563N86 CERVUS EQUIPMENT CORP 3,100.000 41,263.31 0.01% INDUSTRIALS CA 554567909 JUN3 5545670 JUNGHEINRICH PRFD 844.000 41,251.87 0.01% INDUSTRIALS DE ACI0F35Q0 KNOS BZ0D672 KAINOS GROUP PLC 2,007.000 40,950.17 0.01% INFORMATION TECHNOLOGY GB 580864908 MSAB B 5808641 MICRO SYSTEMATION AB B 5,549.000 37,477.03 0.01% INFORMATION TECHNOLOGY SE 572404903 MTU 5724048 MANITOU BF 1,138.000 36,433.36 0.01% INDUSTRIALS FR 677465007 8130 6774655 SANGETSU CORP 2,600.000 36,228.45 0.01% CONSUMER DISCRETIONARY JP 578518904 SUR 5785186 SURTECO GROUP SE 1,111.000 36,227.63 0.01% CONSUMER DISCRETIONARY DE BYW5K0907 HRNET BF03P64 HRNETGROUP LTD 69,700.000 35,764.85 0.01% INDUSTRIALS SG 564583904 MEKKO 5645837 MARIMEKKO OYJ 466.000 35,640.09 0.01% CONSUMER DISCRETIONARY FI B1QHKZ903 3040 B1QHKZ6 SOLITON SYSTEMS KK 2,400.000 35,580.36 0.01% INFORMATION TECHNOLOGY JP 625018007 8059 6250188 DAIICHI JITSUGYO CO LTD 900.000 34,713.53 0.01% INDUSTRIALS JP 612392902 6875 6123923 MEGACHIPS CORP 1,200.000 34,402.99 0.01% INFORMATION TECHNOLOGY JP B1VP0K904 RXL B1VP0K0 REXEL SA 1,627.000 34,031.36 0.01% INDUSTRIALS FR 625040001 7905 6250401 DAIKEN CORP 1,800.000 33,798.10 0.01% MATERIALS JP 59151K959 MX 2654416 METHANEX CORP 1,000.000 33,147.79 0.01% MATERIALS CA 641922901 8739 6419224 SPARX GROUP CO LTD 14,300.000 32,951.98 0.01% FINANCIALS JP BDD9BH909 FMM B BDD9BH8 FM MATTSSON MORA GROUP AB 1,574.000 32,093.92 0.01% INDUSTRIALS SE 522861905 NEDAP 5228614 NEDAP N.V. 450.000 31,001.44 0.01% INFORMATION TECHNOLOGY NL 552388902 KRN 5523881 KRONES AG 336.000 30,020.35 0.01% INDUSTRIALS DE 618205900 2922 6182054 NATORI CO LTD 1,700.000 28,859.98 0.01% CONSUMER STAPLES JP 406566000 ABE 4065663 ABERTIS INFRAESTRUCTURAS SA 3,711.000 28,470.06 0.01% INDUSTRIALS ES 97535P955 WPK 2972851 WINPAK LTD 900.000 28,075.99 0.00% MATERIALS CA 517907101 LAS.A 2506670 LASSONDE INDS INC CLASS A 200.000 27,912.23 0.00% CONSUMER STAPLES CA BD6K24901 SPG BD6K242 STRIDE STAPLED GROUP 16,669.000 27,847.40 0.00% REAL ESTATE NZ BJV2F8907 APTD BJV2F80 APTITUDE SOFTWARE GROUP PLC 3,430.000 27,804.05 0.00% INFORMATION TECHNOLOGY GB 667984900 6678 6679846 TECHNO MEDICA CO LTD 1,900.000 27,398.17 0.00% HEALTH CARE JP 665795001 8217 6657950 OKUWA CO LTD 2,800.000 27,396.37 0.00% CONSUMER STAPLES JP B06MW5909 8706 B06MW58 KYOKUTO SECURITIES 3,500.000 25,550.20 0.00% FINANCIALS JP B0Z1B7902 752 B0Z1B71 PICO FAR EAST HOLDINGS LTD 142,000.000 24,872.82 0.00% COMMUNICATION SERVICES HK BZ0205907 KEYS BZ02055 KEYSTONE LAW GROUP PLC 2,569.000 24,165.14 0.00% INDUSTRIALS GB B02SVV904 SPNTC B02SVV9 SPUNTECH INDUSTRIES LTD 8,850.000 23,864.04 0.00% CONSUMER STAPLES IL 689594000 7721 6895943 TOKYO KEIKI INC 2,400.000 23,136.95 0.00% INDUSTRIALS JP 663833903 7943 6638331 NICHIHA CORP 900.000 22,869.62 0.00% INDUSTRIALS JP 662315902 NZX 6623155 NZX LTD 16,197.000 22,643.41 0.00% FINANCIALS NZ B125V7905 PON1V B125V73 PONSSE OYJ 449.000 22,573.84 0.00% INDUSTRIALS FI 555524909 RAP1V 5555248 RAPALA VMC OYJ 2,205.000 21,753.30 0.00% CONSUMER DISCRETIONARY FI 585467954 MRD 2576071 MELCOR DEVELOPMENTS LTD 2,000.000 21,619.88 0.00% REAL ESTATE CA B0MTC9900 HSP B0MTC97 HARGREAVES SERVICES PLC 3,500.000 21,302.82 0.00% ENERGY GB 609301908 DTL 6093015 DATA 3 LTD 5,021.000 21,124.45 0.00% INFORMATION TECHNOLOGY AU AED UAE DIRHAM 75,088.440 20,442.52 0.00% CASH EQUIVALENT AE B7WJ18900 P8Z B7WJ188 BUMITAMA AGRI LTD 60,200.000 20,369.60 0.00% CONSUMER STAPLES SG 69338U952 PHX B66YG32 PHX ENERGY SERVICES CORP 5,600.000 20,238.79 0.00% ENERGY CA 09076P955 BDT B6621M0 BIRD CONSTRUCTION INC 2,800.000 19,945.14 0.00% INDUSTRIALS CA B08TZN900 CBOT B08TZN6 CBO TERRITORIA 4,714.000 19,899.07 0.00% REAL ESTATE FR 037631959 AHC BMD6DC1 APOLLO HEALTHCARE CORP 8,900.000 19,528.88 0.00% CONSUMER STAPLES CA 641964903 THL 6419644 TOURISM HOLDINGS LTD 10,954.000 19,371.82 0.00% INDUSTRIALS NZ G16169909 BAMR BM94WM2 BROOKFIELD ASSET MANAGEMEN A 364.000 19,233.62 0.00% FINANCIALS CA MXN MEXICAN PESO (NEW) 375,077.730 18,815.98 0.00% CASH EQUIVALENT MX 464654904 DECB 4646541 DECEUNINCK NV 5,252.000 18,371.30 0.00% INDUSTRIALS BE B0MT3Y905 MTW B0MT3Y9 MATTIOLI WOODS PLC 1,770.000 18,179.67 0.00% FINANCIALS GB 618206908 SIG BF13K02 SIGMA HEALTHCARE LTD 40,393.000 18,024.18 0.00% HEALTH CARE AU 664401007 4205 6644015 ZEON CORP 1,300.000 17,985.51 0.00% MATERIALS JP 560466906 INF 5604667 INFOTEL 299.000 17,797.87 0.00% INFORMATION TECHNOLOGY FR B4PKZG907 SNI B4PKZG3 STOLT NIELSEN LTD 1,217.000 17,781.18 0.00% INDUSTRIALS NO 673892006 RIC 6738929 RIDLEY CORP LTD 19,693.000 16,836.40 0.00% CONSUMER STAPLES AU BZCNN2900 VINCIT BZCNN24 VINCIT OYJ 1,410.000 16,802.67 0.00% INFORMATION TECHNOLOGY FI B07YZW900 ALMA B07YZW1 ALMA MEDIA CORP 1,354.000 16,568.82 0.00% COMMUNICATION SERVICES FI 607580909 POLI 6075808 BANK HAPOALIM BM 2,039.000 16,361.28 0.00% FINANCIALS IL 407891951 HTL B23JWR8 HAMILTON THORNE LTD 9,700.000 16,119.72 0.00% HEALTH CARE CA TRY TURKISH LIRA 138,911.360 15,954.44 0.00% CASH EQUIVALENT TR BYX7MG905 UPGS BYX7MG5 UP GLOBAL SOURCING HOLDING 4,984.000 15,857.04 0.00% CONSUMER DISCRETIONARY GB 618964001 57 6189646 CHEN HSONG HOLDINGS 44,000.000 15,697.49 0.00% INDUSTRIALS HK 448207902 APM 4482079 AD PEPPER MEDIA INTL NV 2,199.000 15,540.49 0.00% COMMUNICATION SERVICES DE 633533906 NUF 6335331 NUFARM LTD 4,508.000 15,483.95 0.00% MATERIALS AU BYVL39903 HLA BYVL399 HEALTHIA LTD 9,923.000 15,181.18 0.00% HEALTH CARE AU 449804004 KSB 4498043 KSB SE + CO KGAA 32.000 15,177.60 0.00% INDUSTRIALS DE B8N6N8902 9386 B8N6N89 NIPPON CONCEPT CORP 900.000 15,124.89 0.00% INDUSTRIALS JP BX1BDG903 NTH BX1BDG9 NATURHOUSE HEALTH SAU 7,581.000 15,011.92 0.00% CONSUMER DISCRETIONARY ES BD5KZP909 7190 BD5KZP5 MERCURIA INVESTMENT CO LTD 2,100.000 14,706.33 0.00% FINANCIALS JP B3DCKM903 GHP_SE B3DCKM5 GHP SPECIALITY CARE AB 4,242.000 14,671.85 0.00% HEALTH CARE SE CAD CANADIAN DOLLAR 18,046.500 14,558.33 0.00% CASH EQUIVALENT CA BF9B1M904 3991 BF9B1M7 WANTEDLY INC 600.000 14,339.08 0.00% COMMUNICATION SERVICES JP 645525007 6916 6455251 I O DATA DEVICE INC 1,500.000 13,907.02 0.00% INFORMATION TECHNOLOGY JP B14N4N909 DORO_S B14N4N2 DORO AB 2,049.000 13,862.55 0.00% INFORMATION TECHNOLOGY SE BF2G3W906 KLIN BF2G3W3 KLINGELNBERG AG 571.000 13,515.16 0.00% INDUSTRIALS CH 645647900 2904 6456470 ICHIMASA KAMABOKO CO LTD 1,600.000 13,494.76 0.00% CONSUMER STAPLES JP 639798008 4229 6397988 GUN EI CHEMICAL INDUSTRY CO 600.000 13,264.32 0.00% MATERIALS JP HUF HUNGARIAN FORINT 3,837,587.230 12,948.66 0.00% CASH EQUIVALENT HU 541370904 TTR1 5413700 TECHNOTRANS SE 399.000 12,916.02 0.00% INDUSTRIALS DE B014DP901 OFH B014DP6 ORELL FUESSLI HOLDING AG REG 121.000 12,789.84 0.00% INDUSTRIALS CH 69331T952 PFB 2691673 PFB CORPORATION 700.000 12,141.01 0.00% INDUSTRIALS CA B12PJ2906 HUSQ B B12PJ24 HUSQVARNA AB B SHS 895.000 11,890.66 0.00% CONSUMER DISCRETIONARY SE 555703909 MBH3 5557039 MASCH BERTHOLD HERMLE AG VOR 31.000 11,100.99 0.00% INDUSTRIALS DE AUD AUSTRALIAN DOLLAR 14,379.780 10,784.12 0.00% CASH EQUIVALENT AU 660275900 9837 6602756 MORITO CO LTD 1,900.000 10,364.10 0.00% CONSUMER DISCRETIONARY JP 680807906 7450 6808071 SUNDAY CO LTD 700.000 9,640.40 0.00% CONSUMER DISCRETIONARY JP BD03ZP902 SSG BD03ZP9 SHAVER SHOP GROUP LTD 12,690.000 9,516.87 0.00% CONSUMER DISCRETIONARY AU IDR INDONESIAN RUPIAH 136,340,199.050 9,402.77 0.00% CASH EQUIVALENT ID 612168906 MTO BYQB1M3 MOTORCYCLE HOLDINGS LTD 4,504.000 9,356.44 0.00% CONSUMER DISCRETIONARY AU B4K9HD904 3157 B4K9HD6 JUTEC HOLDINGS CORP 1,000.000 9,181.33 0.00% INDUSTRIALS JP B86L25907 EGG B86L251 ENERO GROUP LTD 4,876.000 9,178.46 0.00% COMMUNICATION SERVICES AU 655577906 9890 6555775 MAKIYA CO LTD 1,100.000 8,733.07 0.00% CONSUMER DISCRETIONARY JP BD5W4X900 NZM BD5W4X2 NZME LTD 15,783.000 8,285.52 0.00% COMMUNICATION SERVICES AU 657629903 NTO 6576293 NETO ME HOLDINGS LTD 160.000 7,518.67 0.00% CONSUMER STAPLES IL THB THAILAND BAHT 194,625.000 6,072.54 0.00% CASH EQUIVALENT TH BYTPCY902 ECONB BYTPCY1 ECONOCOM GROUP 1,184.000 4,492.57 0.00% INFORMATION TECHNOLOGY BE 577436900 DIGIA 5774366 DIGIA OYJ 375.000 3,397.17 0.00% INFORMATION TECHNOLOGY FI EUR EURO CURRENCY 2,197.860 2,606.12 0.00% CASH EQUIVALENT XU PLN POLISH ZLOTY 4,022.860 1,055.04 0.00% CASH EQUIVALENT PL GBP POUND STERLING 18.970 26.24 0.00% CASH EQUIVALENT GB NOK NORWEGIAN KRONE (0.010) 0.00 0.00% CASH EQUIVALENT NO CNY YUAN RENMINBI (12,104,877.920) (1,873,399.61) (0.33%) CASH EQUIVALENT CN

By accessing the portfolio holdings, you agree not to reproduce, distribute, or disseminate the portfolio holdings, in whole or in part, in any form without prior written permission from PFM Asset Management LLC. The portfolio holdings are provided based on information obtained from the fund's custodian, State Street Bank and Trust Co., and PFM Asset Management LLC makes no express or implied warranties or representations with respect to the accuracy, completeness, or reliability of the portfolio holdings. In no event shall PFM Asset Management LLC or its affiliates have any liability relating to the use of the portfolio holdings.