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OUR COMMITMENT TO

Sustainable Investing

We have always been mindful of environmental, social, and governance issues (ESG), eschewing companies that sell firearms, tobacco, or are involved in environmentally damaging activities like coal mining.

In 2020, we developed a new, more robust ESG framework that codifies many of our long-held beliefs. Our proprietary quantitative ESG system ranks companies on their commitment to environmental & social change, governance policies, culture, profitability, and shareholder alignment.

How we find great companies doing great things

Our proprietary quantitative ESG model ranks companies on their commitment to environmental & social change, governance policies, culture, profitability, and shareholder alignment

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GOVERNANCE SCORE

Review of board diversity, board tenure, and number of independent directors

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ENVIRONMENT & SOCIAL IMPACT SCORE

Analysis of environmental and social impact achievements, including weightings in leading ESG ETFs, UN Sustainability rankings, and environmental and social impact awards

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CULTURE SCORE

Analysis of remuneration policies, management salaries, and employment opportunities

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VIRTUOUS CYCLE SCORETM

High profitability and return on invested capital to fuel social and environmental investments

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SHAREHOLDER ALIGNMENT SCORE

Emphasis on management teams that are aligned with shareholders, have ownership of shares, and exhibit prudent capital allocation

Quarterly Global ESG Rankings

The 1,250 largest global companies ranked using our proprietary quantitative ESG model

ESG Ranks as of Q4 2025

TICKERNAMERANKINGENVIRONMENT GRADECULTURE GRADEGOVERNANCE GRADEALIGNMENT GRADEVIRTUOUS CYCLE GRADE
NOVN-CHNovartis AG1AAAAB
ADM-GBAdmiral Group plc2BAAAA
IHG-GBInterContinental Hotels Group PLC3BAAAA
BBY-USBest Buy Co., Inc.4BDAAA
KMB-USKimberly-Clark Corporation5AAABA
DHL-DEDeutsche Post AG6BAAAA
MC-FRLVMH Moet Hennessy Louis Vuitton SE7AABAA
GSK-GBGSK plc8AAAAA
JD-GBJD Sports Fashion Plc9BAAAA
RO-CHRoche Holding Ltd10BAAAA
HM.B-SEH&M Hennes & Mauritz AB Class B11CAAAA
ITX-ESIndustria de Diseno Textil, S.A.12ADBAA
FDJU-FRFDJ United13BABAA
RAND-NLRandstad NV14BAAAB
EQH-USEquitable Holdings, Inc.15BAABA
PNDORA-DKPandora A/S16DAAAA
RPRX-USRoyalty Pharma Plc Class A17BAAAB
AD-NLKoninklijke Ahold Delhaize N.V.18BAAAA
SAP-CASaputo Inc.19ADAAC
REC-ITRecordati S.p.A.20AABAB
LULU-USlululemon athletica inc.21CAABA
NVDA-USNVIDIA Corporation22AABBA
S68-SGSingapore Exchange Ltd.23BAABA
DG-FRVINCI SA24AABAB
OR-FRL'Oreal S.A.25AABAA
RKT-GBReckitt Benckiser Group plc26AAAAB
HCA-USHCA Healthcare Inc27AACAA
AFL-USAflac Incorporated28AABAB
MAERSK.A-DKA.P. Moller - Maersk A/S Class A29BABAA
BMED-ITBanca Mediolanum SpA30DAAAA
UBSG-CHUBS Group AG31AAABB
CNR-CACanadian National Railway Company31BAABB
8113-JPUnicharm Corporation33AABAB
APP-USAppLovin Corp. Class A34AAACA
DNB-NODNB Bank ASA35AAAAC
MA-USMastercard Incorporated Class A36AACCA
CAH-USCardinal Health, Inc.37ADADA
NOVO.B-DKNovo Nordisk A/S Class B38AABBA
G1A-DEGEA Group Aktiengesellschaft39BAAAA
AVOL-CHAvolta AG40BAAAB
UMG-NLUniversal Music Group N.V.41BAAAA
REL-GBRELX PLC42AABBA
3092-JPZOZO, Inc.43DAAAA
STLAM-ITStellantis N.V.44CAAAA
MAERSK.B-DKA.P. Moller - Maersk A/S Class B45BABAA
IAG-GBInternational Consolidated Airlines Group SA46CAAAB
CVC-NLCVC Capital Partners plc47BABAA
GLEN-GBGlencore plc48BAAAB
HEIA-NLHeineken NV49AAAAC
WISE-GBWise PLC Class A50BAABA
OTIS-USOtis Worldwide Corporation51AAACA
TEL-NOTelenor ASA52BABAA
ML-FRCie Generale des Etablissements Michelin SA53BAAAB
WN-CAGeorge Weston Limited54BAAAB
MS-USMorgan Stanley55AAAAC
ULVR-GBUnilever PLC56AABBA
PST-ITPoste Italiane SpA57CAAAB
HSBA-GBHSBC Holdings Plc58AAAAD
EA-USElectronic Arts Inc.59BABAA
CS-FRAXA SA60AAAAC
ESSITY.B-SEEssity AB Class B61AAABB
DTE-DEDeutsche Telekom AG62AABAA
COST-USCostco Wholesale Corporation63AABBA
CABK-ESCaixaBank SA64AAAAC
P911-DEPorsche AG65BABAB
SAN-FRSanofi SA66AAAAC
ORA-FROrange SA67BAAAB
L-CALoblaw Companies Limited68BAAAB
GJF-NOGjensidige Forsikring ASA69DAAAA
TEF-ESTelefonica SA70BABAB
QCOM-USQUALCOMM Incorporated71ADBCA
WSM-USWilliams-Sonoma, Inc.72DDABA
LOGN-CHLogitech International S.A.73DAABA
ADBE-USAdobe Inc.74AABBA
ELISA-FIElisa Oyj Class A75DAAAA
MG-CAMagna International Inc.76BAABB
V-USVisa Inc. Class A77AABDA
BKNG-USBooking Holdings Inc.78AABBA
KER-FRKering SA79BAABB
NDA.FI-FINordea Bank Abp80AAAAC
SPGI-USS&P Global, Inc.81AAACA
MRK-USMerck & Co., Inc.82AABCA
TER-USTeradyne, Inc.83AABBA
KR-USKroger Co.84BDAAB
MSCI-USMSCI Inc. Class A85BAABA
SEB.A-SESkandinaviska Enskilda Banken AB Class A86BAAAC
RMS-FRHermes International S.A.87AACBA
SREN-CHSwiss Re AG88AAAAD
MET-USMetLife, Inc.89AAAAD
UNP-USUnion Pacific Corporation90AAACB
DGE-GBDiageo plc91BDABB
1308-HKSITC International Holdings Co., Ltd.92BACAA
PAYX-USPaychex, Inc.94AACBA
CARR-USCarrier Global Corp.93AAAAC
388-HKHong Kong Exchanges & Clearing Ltd.94BAACA
AHT-GBAshtead Group plc96BDBAA
ADP-USAutomatic Data Processing, Inc.97ADADA
WKL-NLWolters Kluwer N.V.98DAABA
NWG-GBNatWest Group Plc99AAAAC
VZ-USVerizon Communications Inc.100AAACB
LSEG-GBLondon Stock Exchange Group plc101BAAAC
BS6-SGYangzijiang Shipbuilding (Holdings) Ltd.102BABAA
AUTO-GBAutotrader Group PLC103DDAAA
QAN-AUQantas Airways Limited104CAABA
DECK-USDeckers Outdoor Corporation105CAABA
GWO-CAGreat-West Lifeco Inc.106BAAAC
SPG-USSimon Property Group, Inc.107AABBA
ACN-USAccenture Plc Class A108ADADA
NESN-CHNestle S.A.109BAABB
BARC-GBBarclays PLC110AAAAD
EBAY-USeBay Inc.111BAABB
EDEN-FREdenred SA112DAABA
TFII-CATFI International Inc.113BAABA
ISP-ITIntesa Sanpaolo S.p.A.114BAAAD
INW-ITInfrastrutture Wireless Italiane S.p.A.115BAAAD
GGG-USGraco Inc.116AACCA
LLY-USEli Lilly and Company117AABCA
MBG-DEMercedes-Benz Group AG118AAAAC
CSL-USCarlisle Companies Incorporated119BAABB
GM-USGeneral Motors Company120AAABC
WRT1V-FIWartsila Oyj Abp121AAABB
PG-USProcter & Gamble Company123ADADA
BXB-AUBrambles Limited122BDACA
RYA-IERyanair Holdings Plc124BDBBA
288-HKWH Group Ltd. (HK)125AADAB
BAH-USBooz Allen Hamilton Holding Corporation Class A127BDABB
11-HKHang Seng Bank, Limited126CAAAC
AENA-ESAena SME SA128AAAAC
MSFT-USMicrosoft Corporation129ADBDA
9432-JPNTT Inc130ADCAB
LRCX-USLam Research Corporation131AACCA
ULTA-USUlta Beauty Inc.133CDACA
ON-USON Semiconductor Corporation132BAABB
ACA-FRCredit Agricole SA134AAAAD
KPN-NLRoyal KPN NV135DAABA
SOON-CHSonova Holding AG136BDABA
SCMN-CHSwisscom AG137CABAA
IGM-CAIGM Financial Inc.138BABAB
KO-USCoca-Cola Company139AABCB
CCEP-USCoca-Cola Europacific Partners plc140BABAC
MAR-USMarriott International, Inc. Class A141BABAB
RJF-USRaymond James Financial, Inc.142BABAB
6098-JPRecruit Holdings Co., Ltd.144ADCAA
A5G-IEAIB Group plc143BAAAD
FERG-USFerguson Enterprises Inc.145AABCB
IBM-USInternational Business Machines Corporation146AABBB
AAPL-USApple Inc.148AABDA
EXO-NLEXOR N.V.147DACAA
TD-CAToronto-Dominion Bank149AAABC
PGHN-CHPartners Group Holding AG150BACAA
SGE-GBSage Group plc151DAAAB
TRYG-DKTryg A/S152DAAAC
ENX-FREuronext NV153DAAAB
TELIA-SETelia Company AB153DAAAB
9433-JPKDDI Corporation155BDCAA
URI-USUnited Rentals, Inc.156AABCA
ALL-AUAristocrat Leisure Limited158CDABB
AIG-USAmerican International Group, Inc.157AAABC
APO-USApollo Global Management Inc159AABCA
ABBV-USAbbVie, Inc.160AABDA
FTNT-USFortinet, Inc.161CACBA
PRX-NLProsus N.V. Class N162ADAAD
JPM-USJPMorgan Chase & Co.163AABCB
ABBN-CHABB Ltd.164AABBB
GIS-USGeneral Mills, Inc.165BDABB
HLT-USHilton Worldwide Holdings Inc.166AABBB
LLOY-GBLloyds Banking Group plc167AAAAD
SHB.A-SESvenska Handelsbanken AB Class A168CAAAC
KNEBV-FIKONE Oyj Class B169DABAA
HPQ-USHP Inc.170ADBBA
FCNCA-USFirst Citizens BancShares, Inc. Class A171BACAA
RSG-USRepublic Services, Inc.172AABBB
PYPL-USPayPal Holdings, Inc.173CAABA
BT.A-GBBT Group plc176DDAAB
SWED.A-SESwedbank AB Class A174DAAAC
TLC-AULottery Corporation Limited174CAACA
BMY-USBristol-Myers Squibb Company177AAACB
JBHT-USJ.B. Hunt Transport Services, Inc.178BACAB
SALM-NOSalMar ASA179CAABB
WMT-USWalmart Inc.180ADDBA
EXPE-USExpedia Group, Inc.181BABBA
KNIN-CHKuehne & Nagel International AG182BADAA
BRK.B-USBerkshire Hathaway Inc. Class B183AABBB
AMS-ESAmadeus IT Group SA Class A184AAACB
DIE-BED'Ieteren Group SA/NV185DACAA
PSA-USPublic Storage186CABBA
IT-USGartner, Inc.187DABAA
TROW-UST. Rowe Price Group, Inc.188DAAAA
HSY-USHershey Company189BAACA
IDXX-USIDEXX Laboratories, Inc.190BABCA
WFC-USWells Fargo & Company191AAABD
PSON-GBPearson PLC192CAAAC
CM-CACanadian Imperial Bank of Commerce193BAABC
SHW-USSherwin-Williams Company194AABBB
COLO.B-DKColoplast A/S Class B195BDCAA
SW-USSmurfit Westrock PLC196AAACB
CMG-USChipotle Mexican Grill, Inc.197BAACA
ASML-NLASML Holding NV198AABDA
IPN-FRIpsen SA199CABBA
NDAQ-USNasdaq, Inc.200BAABB
MU-USMicron Technology, Inc.202ADADB
STAN-GBStandard Chartered PLC201BAAAD
ROG-CHRoche Holding Ltd Dividend Right Cert.203AABDA
TPL-USTexas Pacific Land Corporation204AABDA
ALV-DEAllianz SE205AAACC
SYF-USSynchrony Financial206CAABA
SBRY-GBJ Sainsbury plc207DAAAC
TSCO-GBTesco PLC208BAAAC
JMT-PTJeronimo Martins, SGPS S.A.209DACAA
2587-JPSuntory Beverage & Food Ltd.210BABAB
TGT-USTarget Corporation212BDBCA
UPM-FIUPM-Kymmene Oyj211BAAAC
CON-DEContinental AG213BABAB
EMP.A-CAEmpire Co Ltd Class A214BDBBB
DTG-DEDaimler Truck Holding AG215BAAAD
PRU-GBPrudential plc216CAAAC
ORNBV-FIOrion Oyj Class B217DAACA
GDDY-USGoDaddy, Inc. Class A218CAACA
FOX-USFox Corporation Class B219BAAAC
STMN-CHStraumann Holding AG220DAABA
TPR-USTapestry, Inc.221AAADB
HEN-DEHenkel AG & Co. KGaA222BABAC
9143-JPSG Holdings Co., Ltd.224BACAB
BNR-DEBrenntag SE223BABAB
G-ITAssicurazioni Generali S.p.A.225CAAAD
HRL-USHormel Foods Corporation226ADCAC
3382-JPSeven & I Holdings Co., Ltd.227BDBAB
285A-JPKioxia Holdings Corporation228BDBBA
RACE-ITFerrari NV229BACBA
MCD-USMcDonald's Corporation230AABDB
CLX-USClorox Company232DDABA
BVI-FRBureau Veritas SA231DAAAB
UCG-ITUniCredit S.p.A.233AAABD
BK-USBank of New York Mellon Corp234AAABD
BNZL-GBBunzl plc235DAAAB
TXN-USTexas Instruments Incorporated236AACDA
SN-GBSmith & Nephew plc237BAABC
LGEN-GBLegal & General Group Plc238DAAAC
FITB-USFifth Third Bancorp239AABCC
UPS-USUnited Parcel Service, Inc. Class B240DAACA
GILD-USGilead Sciences, Inc.241AABDB
REGN-USRegeneron Pharmaceuticals, Inc.242AACBA
DELL-USDell Technologies, Inc. Class C243BDCAA
AMT-USAmerican Tower Corporation244AACCA
PEP-USPepsiCo, Inc.245AABCA
EPI.A-SEEpiroc AB Class A246CABBA
66-HKMTR Corporation Limited247BAAAD
BTRW-GBBarratt Redrow plc248BAAAD
SLB-USSLB Limited249AABBB
ANET-USArista Networks, Inc.251AACCA
ELV-USElevance Health, Inc.250AAACC
RY-CARoyal Bank of Canada252AABBB
FTV-USFortive Corp.253AAABC
COR-USCencora, Inc.254BABDA
CBA-AUCommonwealth Bank of Australia255AAACC
LOW-USLowe's Companies, Inc.256ADBDA
CMCSA-USComcast Corporation Class A256AACBC
GFL-CAGFL Environmental Inc258BAAAD
SCHN-CHSchindler Holding Ltd.259BACAA
EQT-SEEQT AB260BACAB
GMAB-DKGenmab A/S261BABBB
8697-JPJapan Exchange Group, Inc.263DAAAB
AMZN-USAmazon.com, Inc.262AACCA
WOW-AUWoolworths Group Ltd265BDADA
CTAS-USCintas Corporation264AADCA
SOBI-SESwedish Orphan Biovitrum AB266AABBB
GWW-USW.W. Grainger, Inc.267CABCA
BNP-FRBNP Paribas S.A. Class A268AABAD
JDEP-NLJDE Peet's NV269BAAAD
DSV-DKDSV A/S270BAACB
C-USCitigroup Inc.271AAABD
ERIE-USErie Indemnity Company Class A272BACBA
5108-JPBridgestone Corporation273AADAC
MCK-USMcKesson Corporation274BDADA
VOD-GBVodafone Group Public Limited Company276DDAAC
IEX-USIDEX Corporation275AAADB
HNR1-DEHannover Rueck SE277BABAC
AON-USAon Plc Class A278BABCA
GEV-USGE Vernova Inc.279AABDB
MTD-USMettler-Toledo International Inc.280DAACA
Z74-SGSingapore Telecommunications Limited283CDBAC
ATD-CAAlimentation Couche-Tard Inc.281BACAB
LEN-USLennar Corporation Class A281BABBB
CCH-GBCoca-Cola HBC AG283DABBB
SBUX-USStarbucks Corporation285ADBDA
CNH-USCNH Industrial NV286BAABC
9434-JPSoftBank Corp.287DDBAA
ATCO.A-SEAtlas Copco AB Class A288BACBA
ZURN-CHZurich Insurance Group Ltd289BABBB
AMGN-USAmgen Inc.290AABDA
RAA-DERational Aktiengesellschaft291BADAA
UNH-USUnitedHealth Group Incorporated292AACCB
4503-JPAstellas Pharma Inc.293ADBBB
META-USMeta Platforms Inc Class A294AACDA
7735-JPSCREEN Holdings Co., Ltd296BADAA
JNJ-USJohnson & Johnson295AACDA
EN-FRBouygues SA297CACAB
DLTR-USDollar Tree, Inc.298CAABB
DEMANT-DKDemant A/S299CADAB
DOL-CADollarama Inc.300BACCA
INPST-NLInPost S.A.301DAABA
ORK-NOOrkla ASA302DAAAC
GS-USGoldman Sachs Group, Inc.303AABBC
CHRW-USC.H. Robinson Worldwide, Inc.304BAADA
BESI-NLBE Semiconductor Industries N.V.305DAACA
CL-USColgate-Palmolive Company306BABDA
4716-JPOracle Corporation Japan307BDDAA
INDU.A-SEIndustrivarden AB Class A308BACAB
HD-USHome Depot, Inc.309AACDA
GOOG-USAlphabet Inc. Class C310AADCA
SW-FRSodexo SA311BDBAC
CSCO-USCisco Systems, Inc.313ADCDA
3064-JPMonotaRO Co., Ltd.312BACBA
BAM-CABrookfield Asset Management Ltd. Class A314BABCB
SAN-ESBanco Santander, S.A.315AABBC
FME-DEFresenius Medical Care AG316DAAAC
STT-USState Street Corporation317BAABC
ATCO.B-SEAtlas Copco AB Class B318AACCA
KESKOB-FIKesko Oyj Class B319DAABA
4519-JPChugai Pharmaceutical Co., Ltd.320BADAA
AVGO-USBroadcom Inc.321AACDA
DIM-FRSartorius Stedim Biotech SA322DABBA
EVO-SEEvolution AB323DACAA
SAP-DESAP SE324AACBC
PPG-USPPG Industries, Inc.325BAABB
7267-JPHonda Motor Co., Ltd.326AACAD
AMAT-USApplied Materials, Inc.327AADCA
TMUS-UST-Mobile US, Inc.328AACAC
JBL-USJabil Inc.329BDCBA
NXT-GBNext plc330DACAA
SDR-GBSchroders PLC331DAAAC
ZTS-USZoetis, Inc. Class A332AABDA
EG-USEverest Group, Ltd.333BAABC
IRM-USIron Mountain, Inc.334CABCA
TEL2.B-SETele2 AB Class B335DABAB
APTV-USAptiv PLC336BAABC
GEBN-CHGeberit AG337CACCA
4151-JPKyowa Kirin Co., Ltd.338AACAD
AZN-GBAstraZeneca PLC339AACCB
2388-HKBOC Hong Kong (Holdings) Limited340CABAC
MONC-ITMoncler SpA341DAABA
TMO-USThermo Fisher Scientific Inc.342AABBC
LII-USLennox International Inc.343DACBA
GLPI-USGaming and Leisure Properties, Inc.344CABBB
CPG-GBCompass Group PLC345AACCA
SGRO-GBSEGRO plc346DAABB
INTU-USIntuit Inc.347AACCA
NN-NLNN Group N.V.348CAAAD
STMMI-ITSTMicroelectronics NV349DABBA
MICC-NLMagnum Ice Cream Co. N.V.350BABBA
BKT-ESBankinter SA351CABAC
BCVN-CHBanque Cantonale Vaudoise352DAAAC
ERF-FREurofins Scientific SE353DABAB
HIK-GBHikma Pharmaceuticals Plc354DABAB
CFR-CHCompagnie Financiere Richemont SA355AABBC
TRI-CAThomson Reuters Corporation356CABAC
MQG-AUMacquarie Group, Ltd.357CAACC
DANSKE-DKDanske Bank A/S358DAAAD
RI-FRPernod Ricard SA359BDAAD
DBK-DEDeutsche Bank Aktiengesellschaft360AABAD
FICO-USFair Isaac Corporation361DABCA
NAB-AUNational Australia Bank Limited362AAACC
4452-JPKao Corporation363BACAB
RF-USRegions Financial Corporation363BAABC
URW-FRUnibail-Rodamco-Westfield SE Stapled Secs Cons of 1 Sh Unibail Rodamco + 1 Sh WFD Unib Rod365BAABD
HEIO-NLHeineken Holding N.V.365DACAB
DIS-USWalt Disney Company367ADACD
BMO-CABank of Montreal368AAACC
MZTF-ILMizrahi Tefahot Bank Ltd369BACAB
ASM-NLASM International N.V.370DAACA
ITRK-GBIntertek Group plc371DACAA
MNG-GBM&G Plc372DAABC
ASSA.B-SEASSA ABLOY AB Class B373AABCB
SGO-FRCompagnie de Saint-Gobain SA374AABCB
VWS-DKVestas Wind Systems A/S375AABCB
EVD-DECTS Eventim AG & Co. KGaA376DABBA
KBX-DEKnorr-Bremse AG377DABAA
CRWD-USCrowdStrike Holdings, Inc. Class A378AACDA
ENR-DESiemens Energy AG381ADCDB
MSI-USMotorola Solutions, Inc.379AACDA
ABT-USAbbott Laboratories380AABDB
CI-USCigna Group382BABBC
VRTX-USVertex Pharmaceuticals Incorporated383AABDA
CLNX-ESCellnex Telecom S.A.384DAAAD
EPI.B-SEEpiroc AB Class B385BABCA
RNO-FRRenault SA386DABAC
HOLX-USHologic, Inc.388BDBDA
BALL-USBall Corporation387BAABC
HUM-USHumana Inc.389BABBB
CTSH-USCognizant Technology Solutions Corporation Class A390DAACB
ADI-USAnalog Devices, Inc.393AABBC
TLS-AUTelstra Group Limited391BDBCA
ERIC.B-SETelefonaktiebolaget LM Ericsson Class B392BACBA
GEN-USGen Digital Inc.394CAACC
BLK-USBlackRock, Inc.395AABDB
AMUN-FRAmundi SA396DAAAC
HOT-DEHOCHTIEF Aktiengesellschaft397DACBB
FDX-USFedEx Corporation399BDBBC
MAS-USMasco Corporation398BACCA
LAND-GBLand Securities Group PLC400DDAAD
UTHR-USUnited Therapeutics Corporation401CABBC
BMPS-ITBanca Monte dei Paschi di Siena S.p.A.402CAACB
AXP-USAmerican Express Company403AADDA
VACN-CHVAT Group AG404CABCA
9101-JPNippon Yusen Kabushiki Kaisha405CADAB
MMM-US3M Company406BABDA
REA-AUREA Group Ltd408DDCBA
CHTR-USCharter Communications, Inc. Class A407DACAC
YUM-USYum! Brands, Inc.409BABDA
TSLA-USTesla, Inc.410AADDA
CARL.B-DKCarlsberg AS Class B411DACBA
AVY-USAvery Dennison Corporation412BACBA
4543-JPTerumo Corporation413AABCC
1878-JPDaito Trust Construction Co., Ltd.414BADAA
CSX-USCSX Corporation415BABCB
ANA-ESAcciona SA416DAAAC
CCI-USCrown Castle Inc.417CAACB
TSCO-USTractor Supply Company418CABDA
D05-SGDBS Group Holdings Ltd419DABAC
6857-JPAdvantest Corp.421AADCA
SGSN-CHSGS SA420DABCA
KGF-GBKingfisher Plc422DDAAC
SIE-DESiemens Aktiengesellschaft423ADBBC
TJX-USTJX Companies Inc424ADCDA
BIM-FRbioMerieux SA425BACBB
T-USAT&T Inc426AACCC
MRSH-USMarsh & McLennan Companies, Inc.427AACDA
PFG-USPrincipal Financial Group, Inc.428DAABB
8035-JPTokyo Electron Ltd.430AADCA
BAC-USBank of America Corp429AABBD
8630-JPSompo Holdings,Inc.431BACAD
LATO.B-SEInvestment AB Latour Class B432DABAB
7741-JPHOYA CORPORATION433AADCA
MOWI-NOMowi ASA434BABCC
EXPD-USExpeditors International of Washington, Inc.435BACCA
FFIV-USF5, Inc.436CAADA
SAMPO-FISampo Oyj437DAABC
SNA-USSnap-on Incorporated438CABBB
TIT-ITTelecom Italia S.p.A.439BAACC
8306-JPMitsubishi UFJ Financial Group, Inc.440AACAD
KOG-NOKongsberg Gruppen ASA441DACBA
NXPI-USNXP Semiconductors NV442BABDB
7270-JPSubaru Corporation443BADAB
F34-SGWilmar International Limited444BABAD
4689-JPLY Corporation445DDAAD
INDT-SEIndutrade AB446DAABB
HLN-GBHaleon PLC447CAABD
2802-JPAjinomoto Co., Inc.450BDDBB
WES-AUWesfarmers Limited448ADCDA
NVR-USNVR, Inc.449BACCA
COL-AUColes Group Ltd.451BDBDA
ROST-USRoss Stores, Inc.452ADDCA
PANW-USPalo Alto Networks, Inc.454AADDA
NTAP-USNetApp, Inc.455DDBCA
3659-JPNEXON Co., Ltd.453DABAB
PFE-USPfizer Inc.456AADCB
WY-USWeyerhaeuser Company457AACCC
GEHC-USGE Healthcare Technologies Inc.458BAADB
INTC-USIntel Corporation459AABDB
TT-USTrane Technologies plc460CABBB
CSL-AUCSL Limited462ADBDB
PHNX-GBPhoenix Group Holdings plc461DAAAD
ORCL-USOracle Corporation463AADCB
AMD-USAdvanced Micro Devices, Inc.464AACDB
INVE.B-SEInvestor AB Class B465AADDA
SLF-CASun Life Financial Inc.466CAACC
8593-JPMitsubishi HC Capital Inc.467AACAD
EME-USEMCOR Group, Inc.468BACCA
6178-JPJAPAN POST HOLDINGS Co., Ltd.469BDBAD
IQV-USIQVIA Holdings Inc470BAACC
BMW-DEBayerische Motoren Werke AG471BACAD
7733-JPOlympus Corp.472BADAB
7182-JPJapan Post Bank Co., Ltd.473AABAD
INGA-NLING Groep N.V.474DAAAD
FISV-USFiserv, Inc.475AABBD
LI-FRKlepierre SA476BABAD
GIB.A-CACGI Inc. Class A477DABBB
LHA-DEDeutsche Lufthansa AG478BABBC
HEXA.B-SEHexagon AB Class B479CAABC
CPU-AUComputershare Limited480CDBBB
SAND-SESandvik AB481BACBB
6702-JPFujitsu Limited483ADDBB
MDLZ-USMondelez International, Inc. Class A482BAABD
HEN3-DEHenkel AG & Co. KGaA Pref484CABBC
VICI-USVICI Properties Inc485BAACD
UHS-USUniversal Health Services, Inc. Class B486BACBB
BEI-DEBeiersdorf AG487DABAC
CTC.A-CACanadian Tire Corporation, Limited Class A488BACAB
ADYEN-NLAdyen NV489CABDA
TIH-CAToromont Industries Ltd.490AABDB
MFC-CAManulife Financial Corporation491AABBC
INDU.C-SEIndustrivarden AB Class C492CACBB
BAMI-ITBanco BPM SpA493DAAAD
6988-JPNitto Denko Corp.494CDDAB
AC-FRAccor SA495CAAAD
8604-JPNomura Holdings, Inc.496ADBAD
ADS-DEadidas AG497BABCB
ABNB-USAirbnb, Inc. Class A498BADCA
AER-USAerCap Holdings NV499AACBC
NEXI-ITNexi S.p.A.499DAAAD
DPZ-USDomino's Pizza, Inc.501BADCA
MELI-USMercadoLibre, Inc.502AADCA
8766-JPTokio Marine Holdings, Inc.503AADAC
FER-ESFerrovial SE504BABBD
SYY-USSysco Corporation506BDBBB
CHKP-USCheck Point Software Technologies Ltd.505DACCA
KLAC-USKLA Corporation508ADDDA
NEM-DENemetschek SE507DABBA
SGH-AUSGH Limited509BABBC
8001-JPItochu Corporation510AADBC
FPH-NZFisher & Paykel Healthcare Corporation Limited511BACCA
8725-JPMS&AD Insurance Group Holdings, Inc.512BDCAD
7309-JPShimano Inc.513BADAB
PRY-ITPrysmian S.p.A.514BABDB
TEL-USTE Connectivity plc515AACDB
AMP-USAmeriprise Financial, Inc.516DACCA
MUV2-DEMunchener Ruckversicherungs-Gesellschaft AG517AABCC
NOW-USServiceNow, Inc.518AADDA
ASRNL-NLASR Nederland N.V.519DABAB
EBS-ATErste Group Bank AG520BACBC
MNST-USMonster Beverage Corporation521BADCA
DOC-USHealthpeak Properties, Inc.522CAABD
MAP-ESMapfre SA523DABAD
T-CATELUS Corporation524DAACC
GRMN-USGarmin Ltd.525BADBB
9983-JPFAST RETAILING CO., LTD.526BDDBA
BLDR-USBuilders FirstSource, Inc.527BACCA
SU-FRSchneider Electric SE528AACCC
AGN-NLAegon Ltd.529DAAAD
ICE-USIntercontinental Exchange, Inc.530AABDC
GFC-FRGecina SA531DAAAD
GOOGL-USAlphabet Inc. Class A532AADDA
PUB-FRPublicis Groupe SA533DACBB
7751-JPCanon Inc.534BADAC
WM-USWaste Management, Inc.535AACDB
CRWV-USCoreWeave, Inc. Class A536BABBC
KVUE-USKenvue, Inc.537CAACC
WTW-USWillis Towers Watson Public Limited Company538DAACC
9104-JPMitsui O.S.K.Lines,Ltd.540BADAC
PGR-USProgressive Corporation539BACDA
CCL-USCarnival Corporation541BACDA
XRO-AUXero Limited542DAADB
INCY-USIncyte Corporation543AACDB
6902-JPDENSO CORPORATION544BDDAC
SAGA.B-SEAB Sagax Class B545BADBB
STZ-USConstellation Brands, Inc. Class A547CDCAC
COV-FRCovivio SA546DABAD
7202-JPIsuzu Motors Limited548BDDAC
LUMI-ILBank Leumi Le-Israel B.M.549DABAC
NBIX-USNeurocrine Biosciences, Inc.550AADDB
KDP-USKeurig Dr Pepper Inc.551CAABD
CBRE-USCBRE Group, Inc. Class A552AACDB
1113-HKCK Asset Holdings Limited553DABAD
2503-JPKirin Holdings Co. Ltd.554CABBC
GALD-CHGalderma Group AG555CAABD
6146-JPDisco Corporation556CADCA
VOW3-DEVolkswagen AG Pref557CABBD
CMI-USCummins Inc.558BABDA
PHM-USPulteGroup, Inc.559BACBC
BBVA-ESBanco Bilbao Vizcaya Argentaria, S.A.560AACCC
C38U-SGCapitaLand Integrated Commercial Trust561BAACD
MRU-CAMetro Inc.562BDBCC
ELS-USEquity LifeStyle Properties, Inc.563BACCA
SCHW-USCharles Schwab Corp564AADCC
VRSK-USVerisk Analytics, Inc.565BACDA
RCI.B-CARogers Communications Inc. Class B565CACBC
FIS-USFidelity National Information Services, Inc.567BAACD
EL-FREssilorLuxottica SA568AABCD
HPE-USHewlett Packard Enterprise Co.569AABDC
MRVL-USMarvell Technology, Inc.570AAACD
4568-JPDaiichi Sankyo Company, Limited571BADBC
6981-JPMurata Manufacturing Co., Ltd.572CADBB
CFG-USCitizens Financial Group, Inc.573BABBD
PH-USParker-Hannifin Corporation575CDADB
PNC-USPNC Financial Services Group, Inc.574BABCC
WTC-AUWisetech Global Ltd.576DABBB
RXL-FRRexel SA577CAABC
FRE-DEFresenius SE & Co. KGaA578DABBC
SPX-GBSpirax Group plc.579DAACB
6501-JPHitachi, Ltd.581ADDCB
UNI-ITUNIPOL ASSICURAZIONI SPA580DABAC
ORLY-USO'Reilly Automotive, Inc.582BADCA
9107-JPKawasaki Kisen Kaisha, Ltd.583BADAC
ISRG-USIntuitive Surgical, Inc.584AACDB
CDW-USCDW Corporation585DABCB
ADSK-USAutodesk, Inc.586BADDA
WBC-AUWestpac Banking Corporation587AABCD
BX-USBlackstone Inc.588BADCA
WTB-GBWhitbread PLC589DDAAD
TCL-AUTransurban Group Ltd.591ADACD
6758-JPSony Group Corporation590ADDCA
LOTB-BELotus Bakeries NV592BADBB
7259-JPAisin Corporation593BDDAC
CRM-USSalesforce, Inc.595ADDCC
TLX-DETalanx AG594BADAC
GBLB-BEGroupe Bruxelles Lambert SA596BACAD
SHL-DESiemens Healthineers AG597DABAD
3038-JPKobe Bussan Co., Ltd.598BADBA
SOF-BESofina SA599DACCB
POW-CAPower Corporation of Canada600BACAC
FAST-USFastenal Company601BADDA
SRT3-DESartorius AG Pref602BADCB
BN-FRDanone SA603BABCC
PRU-USPrudential Financial, Inc.604AABCD
1997-HKWharf Real Estate Investment Company Limited605BACAD
SHL-AUSonic Healthcare Limited606DABCB
NTNX-USNutanix, Inc. Class A607DACDA
VCX-AUVicinity Centres608CDBBD
CP-CACanadian Pacific Kansas City Limited609CAACC
COH-AUCochlear Limited610CDACC
BNS-CABank of Nova Scotia611CAACC
DSY-FRDassault Systemes SE612CACBB
APH-USAmphenol Corporation Class A613AACDB
IAG-AUInsurance Australia Group Ltd614DAACC
SLHN-CHSwiss Life Holding AG615BADBC
6301-JPKomatsu Ltd.616BADAC
WCN-CAWaste Connections, Inc.617AABDC
IAG-CAiA Financial Corporation Inc.618BAACC
3626-JPTIS Inc.619BDDBB
LONN-CHLonza Group AG620CABBC
MTB-USM&T Bank Corporation621BACBD
TTD-USTrade Desk, Inc. Class A622DABCA
WPC-USW. P. Carey Inc.623DAABD
LIFCO.B-SELifco AB Class B624DACBA
4704-JPTrend Micro Incorporated625BADCA
DB1-DEDeutsche Boerse AG626DABCB
2801-JPKikkoman Corporation627BDDAB
6201-JPToyota Industries Corp.628BABBD
4768-JPOTSUKA CORPORATION629BADAB
BEAN-CHBELIMO Holding AG630CADCA
EXPN-GBExperian PLC633CDBDA
KRX-IEKingspan Group Plc631BACBB
4684-JPOBIC Co., Ltd.632DDBBB
ALL-USAllstate Corporation634DABCB
AFG-USAmerican Financial Group, Inc.635BADBB
HUBB-USHubbell Incorporated636AACDB
IFC-CAIntact Financial Corporation637BAADC
1928-JPSekisui House, Ltd.638BADBC
7269-JPSuzuki Motor Corp.639BDDBB
ADP-FRAeroports de Paris640DABAD
669-HKTechtronic Industries Co., Ltd.641DADBB
CAR-AUCAR Group Limited642CDBBC
CAT-USCaterpillar Inc.643BACDB
4204-JPSekisui Chemical Co., Ltd.644CDDAC
BPE-ITBPER Banca S.p.A.645CAACC
KBC-BEKBC Group N.V.646BADAC
STERV-FIStora Enso Oyj Class R647DAACC
LR-FRLegrand SA648AACCC
VLTO-USVeralto Corporation649DABDA
SKA.B-SESkanska AB Class B650DABBC
NDSN-USNordson Corporation652DDBBB
GLE-FRSociete Generale S.A. Class A651AACBD
EW-USEdwards Lifesciences Corporation653CACCB
BARN-CHBarry Callebaut AG654BDBBD
8729-JPSony Financial Group Inc.655BABBC
CCL.B-CACCL Industries Inc. Class B656BADBB
TFC-USTruist Financial Corporation657BABBD
5201-JPAGC Inc.658BADAC
AME-USAMETEK, Inc.659AACDB
ROL-USRollins, Inc.660DADBA
4523-JPEisai Co., Ltd.662ADDBD
POLI-ILBank Hapoalim BM661BACBC
DT-USDynatrace, Inc.664BAADC
IR-USIngersoll Rand Inc.663AABDD
4507-JPShionogi & Co., Ltd.665BDDBB
MPL-AUMedibank Private Ltd.666DABCB
19-HKSwire Pacific Limited Class A667BACAD
O39-SGOversea-Chinese Banking Corporation Limited668DABAC
RTO-GBRentokil Initial plc669CACCB
FNF-USFidelity National Financial, Inc. - FNF Group670DADAB
KHC-USKraft Heinz Company671BABBD
QBE-AUQBE Insurance Group Limited672DAACC
AMCR-USAmcor PLC674BDBBC
DAL-USDelta Air Lines, Inc.673BACDA
1802-JPObayashi Corporation675BADAC
RBLX-USRoblox Corp. Class A676CADDA
7550-JPZensho Holdings Co., Ltd.677BADBB
8316-JPSumitomo Mitsui Financial Group, Inc.678AADBD
BF.B-USBrown-Forman Corporation Class B679DDCBB
CB-USChubb Limited680AACCC
DHR-USDanaher Corporation681AADCC
SAB-ESBanco de Sabadell SA681DABAD
GPC-USGenuine Parts Company683BACCB
AZO-USAutoZone, Inc.684BDDDA
CDNS-USCadence Design Systems, Inc.685AADDA
SYK-USStryker Corporation686AACCC
NSC-USNorfolk Southern Corporation687BAADC
8601-JPDaiwa Securities Group Inc.688BADAD
7181-JPJAPAN POST INSURANCE Co., Ltd.689DDAAD
LYV-USLive Nation Entertainment, Inc.690BADBB
BCE-CABCE Inc.691DABCB
PHIA-NLKoninklijke Philips N.V.692BAACD
ALLE-USAllegion Public Limited Company693DAADB
6823-HKHKT Trust and HKT Ltd694DACAC
ETN-USEaton Corp. Plc695AACDC
7453-JPRyohin Keikaku Co., Ltd.697CACCC
BIRG-IEBank of Ireland Group Plc696DABBD
LPLA-USLPL Financial Holdings Inc.698BADDA
8795-JPT&D Holdings, Inc.699BDCAD
VEEV-USVeeva Systems Inc Class A700BDDDA
6869-JPSysmex Corporation701CADBB
SCG-AUScentre Group702BAACD
PAYC-USPaycom Software, Inc.703DACCA
IOT-USSamsara, Inc. Class A705BABDC
ROK-USRockwell Automation, Inc.704CACDA
PME-AUPro Medicus, Ltd.706DADBA
CG-USCarlyle Group Inc707DADBA
NA-CANational Bank of Canada708BABDB
ODFL-USOld Dominion Freight Line, Inc.709DADBA
KEY-USKeyCorp710BACBC
XYL-USXylem Inc.711AABDC
8058-JPMitsubishi Corporation712BDDAC
BMW3-DEBayerische Motoren Werke AG Pref713BABBD
J36-SGJardine Matheson Holdings Limited714BACBC
823-HKLink Real Estate Investment Trust716CAACD
KKR-USKKR & Co Inc715CADCB
ANZ-AUANZ Group Holdings Limited717AABDD
6841-JPYokogawa Electric Corp.718BDDBC
ASX-AUASX Limited719DDACC
HLMA-GBHalma plc721DDADB
SECU.B-SESecuritas AB Class B720DACBC
BCP-PTBanco Comercial Portugues S.A.721DABAD
LH-USLabcorp Holdings Inc.723CAADC
GIL-CAGildan Activewear Inc.724BABDB
GET-FRGetlink SE725CACAD
PKG-USPackaging Corporation of America726BADCB
SOLV-USSolventum Corporation727BABCD
6861-JPKeyence Corporation728AADCC
4578-JPOtsuka Holdings Co., Ltd.729BADAC
BALD.B-SEFastighets AB Balder Class B730BADCB
3088-JPMatsukiyoCocokara & Co.731BDDAC
7203-JPToyota Motor Corp.733BADAD
6503-JPMitsubishi Electric Corp.732ADDBC
DRI-USDarden Restaurants, Inc.734DDBCB
6594-JPNidec Corporation735BDCBC
7974-JPNintendo Co., Ltd.736BDDCB
ABF-GBAssociated British Foods plc737DDBCC
ABN-NLABN AMRO Bank N.V. Depositary receipts738CABBD
STX-USSeagate Technology Holdings PLC739BADDA
7701-JPShimadzu Corporation740BADBC
VOLV.B-SEVolvo AB Class B741AADCC
JCI-USJohnson Controls International plc742BDBBD
TSN-USTyson Foods, Inc. Class A744BDCBC
DSCT-ILIsrael Discount Bank Limited Class A743BACCC
PSTG-USPure Storage, Inc. Class A747DADDA
ACS-ESACS, Actividades de Construccion y Servicios SA745BADBC
WRB-USW. R. Berkley Corporation746BADCB
3402-JPToray Industries, Inc.748BDDAD
TREL.B-SETrelleborg AB Class B749DACBC
3003-JPHulic Co., Ltd.750DADAC
ADDT.B-SEAddtech AB Class B751DACDA
NKE-USNIKE, Inc. Class B752BDDCA
1-HKCK Hutchison Holdings Ltd753CACAD
5803-JPFujikura Ltd754BADCB
7201-JPNissan Motor Co., Ltd.755BACCC
H78-SGHongkong Land Holdings Limited756DACAD
EFX-USEquifax Inc.757CABDC
1299-HKAIA Group Limited758AADCC
2413-JPM3, Inc.759DADBB
TUB-BEFinanciere de Tubize S.A.760BABBD
SJM-USJ.M. Smucker Company761BACBD
ACGL-USArch Capital Group Ltd.762DACBB
6920-JPLasertec Corp.763DDDCA
FBK-ITFinecoBank SpA764DABDA
8015-JPToyota Tsusho Corp.766BDDBC
9024-JPSeibu Holdings, Inc.766DADAC
9CI-SGCapitaLand Investment Limited765BABBD
CINF-USCincinnati Financial Corporation768BADCB
4612-JPNippon Paint Holdings Co., Ltd.769BADBD
8411-JPMizuho Financial Group, Inc.770AADBD
COIN-USCoinbase Global, Inc. Class A771CACDA
HOLM.B-SEHolmen AB Class B772BADAD
SPOT-USSpotify Technology SA773BADCB
8591-JPORIX Corporation774ADDBD
CSU-CAConstellation Software Inc.775DADCA
USB-USU.S. Bancorp776BACCC
GIVN-CHGivaudan SA777AADDB
MPWR-USMonolithic Power Systems, Inc.778CADDA
EFN-CAElement Fleet Management Corporation779BAADD
IFX-DEInfineon Technologies AG781BDBDB
EXR-USExtra Space Storage Inc.780DACBB
NICE-ILNICE Ltd.782DABBB
RBI-ATRaiffeisen Bank International AG783DACAC
U11-SGUnited Overseas Bank Limited784DACAC
DHI-USD.R. Horton, Inc.785DDBAD
KEYS-USKeysight Technologies Inc786BADDB
CPRT-USCopart, Inc.787CADDA
1801-JPTaisei Corporation788BADAD
UBER-USUber Technologies, Inc.789AACCD
ZAL-DEZalando SE790DACCB
EQIX-USEquinix, Inc.791AABDD
8830-JPSumitomo Realty & Development Co., Ltd.792BDDAD
BR-USBroadridge Financial Solutions, Inc.793BACDB
VRSN-USVeriSign, Inc.794DABCC
FGR-FREiffage SA795CACDB
ZS-USZscaler, Inc.796DADCA
ILMN-USIllumina, Inc.797DAACC
AV-GBAviva plc798BAADD
TRV-USTravelers Companies, Inc.799CABCC
G24-DEScout24 SE800DABCD
UCB-BEUCB S.A.801CACBC
MKS-GBMarks and Spencer Group plc802DDBDB
27-HKGalaxy Entertainment Group Limited803BADAD
RIVN-USRivian Automotive, Inc. Class A804DACCC
ATRL-CAAtkinsrealis Group Inc.805DAABD
SUN-AUSuncorp Group Limited807BDCBD
WSO-USWatsco, Inc.806BADCA
FIX-USComfort Systems USA, Inc.808CADDA
CHD-USChurch & Dwight Co., Inc.809CADCB
PNR-USPentair plc810CABDC
SE-USSea Limited Sponsored ADR Class A811DABBC
DGX-USQuest Diagnostics Incorporated812BACDB
TRMB-USTrimble Inc.813BACCC
CA-FRCarrefour SA814DACCB
CAE-CACAE Inc.815BDADD
9023-JPTokyo Metro Co Ltd816DABAD
HIG-USHartford Insurance Group, Inc.817DABBC
Q-USQnity Electronics, Inc.818BABBD
HBAN-CHHelvetia Baloise Holding AG819CABCD
6723-JPRenesas Electronics Corporation820CADCB
12-HKHenderson Land Development Co. Ltd.821CADAD
KRZ-IEKerry Group Plc Class A821DABCC
SKF.B-SESKF AB Class B823DADBB
7272-JPYamaha Motor Co., Ltd.824DADAC
WIX-USWix.com Ltd.825DADCA
PWR-USQuanta Services, Inc.826AACDC
8002-JPMarubeni Corporation827AADCC
7832-JPBandai Namco Holdings Inc.828DADBB
8802-JPMitsubishi Estate Company, Limited829BDDAD
NLY-USAnnaly Capital Management, Inc.830BABDC
LEG-DELEG Immobilien SE831AADDC
9021-JPWest Japan Railway Company832BADAD
BAER-CHJulius Baer Gruppe AG833DACCC
2502-JPAsahi Group Holdings Ltd834BADBC
INF-GBInforma Plc835CABCD
GRAB-USGrab Holdings Limited Class A836DACCC
9697-JPCapcom Co., Ltd.837DADBA
MCHP-USMicrochip Technology Incorporated838CDCCB
BURL-USBurlington Stores, Inc.839BDCDB
NIBE.B-SENIBE Industrier AB Class B840BACCC
8267-JPAEON Co., Ltd.841AADCC
FLEX-USFlex Ltd842CDBCD
HUBS-USHubSpot, Inc.843BADDB
ABI-BEAnheuser-Busch InBev SA/NV844DADAD
LVS-USLas Vegas Sands Corp.845DADAD
PTC-USPTC Inc.846BDBDC
IFF-USInternational Flavors & Fragrances Inc.847BABBD
FSV-CAFirstService Corp848BACCC
6762-JPTDK Corporation849BADCB
LDOS-USLeidos Holdings, Inc.850DABCC
SUI-USSun Communities, Inc.851BACBD
BOL-FRBollore SE852DACAD
LISN-CHChocoladefabriken Lindt & Spruengli AG853BADCB
ALFA-SEAlfa Laval AB854DADBB
SNPS-USSynopsys, Inc.855ADDDA
FOXA-USFox Corporation Class A856DACCC
DOV-USDover Corporation857BACDC
METSO-FIMetso Corporation858DACBD
BKR-USBaker Hughes Company Class A859AACDC
L-USLoews Corporation860BADAD
SSNC-USSS&C Technologies Holdings, Inc.861AADCC
RPM-USRPM International Inc.863BDDCB
ITW-USIllinois Tool Works Inc.862DADCA
CBK-DECommerzbank AG864DACAD
WST-USWest Pharmaceutical Services, Inc.865DACDA
BSY-USBentley Systems, Incorporated Class B866DADBA
6752-JPPanasonic Holdings Corporation867BDDCC
UHR-CHSwatch Group Ltd. Bearer868BABCD
SMIN-GBSmiths Group Plc869DDBCC
CAP-FRCapgemini SE870DACCB
9022-JPCentral Japan Railway Company871ADDBD
ARE-USAlexandria Real Estate Equities, Inc.872DABBD
7912-JPDai Nippon Printing Co., Ltd.873BDDAD
PAH3-DEPorsche Automobil Holding SE Pref874BABBD
AZRG-ILAzrieli Group Ltd.875DACAD
LUND.B-SEL E Lundbergforetagen AB Class B876BACBD
NOKIA-FINokia Oyj877BABDD
ESS-USEssex Property Trust, Inc.878DABCD
9602-JPToho Co., Ltd.879BADBC
1925-JPDaiwa House Industry Co., Ltd.880CDDAD
J-USJacobs Solutions Inc.881DDBBD
7936-JPAsics Corporation882DACCB
ZM-USZoom Communications, Inc. Class A884DDCCA
IP-USInternational Paper Company883BACDC
CTVA-USCorteva Inc885AABDD
MKC-USMcCormick & Company, Incorporated886BACDC
WDAY-USWorkday, Inc. Class A887DACDA
9766-JPKONAMI Group Corporation888DADBB
BDX-USBecton, Dickinson and Company891BDBDD
RDDT-USReddit, Inc. Class A889DABDC
SHOP-CAShopify, Inc. Class A890AACDD
WAT-USWaters Corporation891DACDA
PLD-USPrologis, Inc.893AADCD
JKHY-USJack Henry & Associates, Inc.895DADDA
F-USFord Motor Company894BADCC
4755-JPRakuten Group, Inc.896DADCB
6367-JPDAIKIN INDUSTRIES, LTD.897BADCC
OTEX-CAOpen Text Corporation898DDCAC
EMR-USEmerson Electric Co.899ADDDB
4502-JPTakeda Pharmaceutical Co. Ltd.902CDCBD
6383-JPDaifuku Co., Ltd.900BADCC
NTRS-USNorthern Trust Corporation901DADBC
6971-JPKyocera Corporation904CADAD
WBD-USWarner Bros. Discovery, Inc. Series A903CABDD
DOCU-USDocuSign, Inc.906DDCDA
DHER-DEDelivery Hero SE905BABCD
6361-JPEbara Corporation907BADDB
6326-JPKubota Corporation908BADAD
6479-JPMinebeaMitsumi Inc.909CDDBC
SPSN-CHSwiss Prime Site AG910CAADD
ALNY-USAlnylam Pharmaceuticals, Inc911BABDD
MAA-USMid-America Apartment Communities, Inc.912DAABD
DKS-USDick's Sporting Goods, Inc.913BDDDA
TEAM-USAtlassian Corp Class A914DACDA
4-HKWharf (Holdings) Ltd.915BADAD
MCO-USMoody's Corporation916CADDA
9843-JPNitori Holdings Co. Ltd.917DADBB
4307-JPNomura Research Institute,Ltd.918DDDBA
CLS-CACelestica Inc.919DABDC
EQR-USEquity Residential920DABCD
ALAB-USAstera Labs, Inc.921DACCC
COO-USCooper Companies, Inc.922CDBDD
CME-USCME Group Inc. Class A922AADDC
4901-JPFUJIFILM Holdings Corp925BDDCC
GMG-AUGoodman Group924BADDB
WAB-USWestinghouse Air Brake Technologies Corporation926AACDD
4661-JPOriental Land Co., Ltd.928CADBC
HOOD-USRobinhood Markets, Inc. Class A927BACDD
RKT-USRocket Companies, Inc. Class A929BADDB
GPN-USGlobal Payments Inc.930CAADD
7532-JPPan Pacific International Holdings Corporation931BDDBC
BSX-USBoston Scientific Corporation932BABDD
A17U-SGCapitaLand Ascendas REIT933CACCD
PCAR-USPACCAR Inc934BADDB
DSG-CADescartes Systems Group Inc.935BADDB
MKL-USMarkel Group Inc.936BADCB
9005-JPTOKYU CORPORATION939BDDAD
ADM-USArcher-Daniels-Midland Company937BABCD
BRO-USBrown & Brown, Inc.938BADCB
MDT-USMedtronic Plc940ADCDD
SOL-AUWashington H. Soul Pattinson and Company Limited941BADCD
6273-JPSMC Corporation942BDDBD
WELL-USWelltower Inc.943AACDD
CPAY-USCorpay, Inc.944DADDB
BG-USBunge Global SA945BAADD
TRU-USTransUnion946CABDD
TTWO-USTake-Two Interactive Software, Inc.948BACDC
SDZ-CHSandoz Group Ltd947DAADD
WDC-USWestern Digital Corporation950BDBCD
SBAC-USSBA Communications Corp. Class A949DADCB
PHOE-ILPhoenix Financial Ltd951DADBC
PINS-USPinterest, Inc. Class A952DABDC
DG-USDollar General Corporation953BDCDB
CBOE-USCboe Global Markets Inc954DABDC
1812-JPKajima Corporation955BADBD
RMD-USResMed Inc.959DACDB
BAX-USBaxter International Inc.956DAADC
OMC-USOmnicom Group Inc957CADDB
FLUT-USFlutter Entertainment Plc958DAADD
SIG-AUSigma Healthcare Ltd960DACCC
16-HKSun Hung Kai Properties Limited961CDDAD
ACM-USAECOM962DDBBC
9984-JPSoftBank Group Corp.963ADDBD
SCA.B-SESvenska Cellulosa AB SCA Class B964CACBD
UAL-USUnited Airlines Holdings, Inc.965BACDC
9020-JPEast Japan Railway Company967BDDBD
DXCM-USDexCom, Inc.966DADDB
8951-JPNippon Building Fund, Inc.968DABCD
ZBRA-USZebra Technologies Corporation Class A969DADDB
DASH-USDoorDash, Inc. Class A970AACCD
ROP-USRoper Technologies, Inc.971BACDD
DE-USDeere & Company972DDCCC
6701-JPNEC Corporation974BDDCC
SCHP-CHSchindler Holding Ltd. Pref973DADDA
1928-HKSands China Ltd.975DADAD
VRT-USVertiv Holdings Co. Class A976AADDD
5802-JPSumitomo Electric Industries, Ltd.977BDDCC
6954-JPFanuc Corporation978ADDCD
RBA-CARB Global, Inc.979DABDB
7186-JPYokohama Financial Group, Inc.980DACBD
ENTG-USEntegris, Inc.981DABDC
9042-JPHankyu Hanshin Holdings, Inc.982DDBBD
GRF-ESGrifols, S.A. Class A983BADBD
8473-JPSBI Holdings Incorporated984CADDB
8053-JPSumitomo Corporation985BADBD
9735-JPSecom Co., Ltd.986DDDBB
SOFI-USSoFi Technologies Inc987DAADD
AVB-USAvalonBay Communities, Inc.988DACCD
IONQ-USIonQ, Inc.989DACDC
AKZA-NLAkzo Nobel N.V.990CABDD
STN-CAStantec Inc991DACDC
COF-USCapital One Financial Corp992BADDC
QGEN-USQIAGEN NV993DABDC
9201-JPJapan Airlines Co., Ltd.995BADBD
7911-JPTOPPAN Holdings Inc.996DDDAD
C6L-SGSingapore Airlines Ltd.994DADBC
RCL-USRoyal Caribbean Group997BADCD
BXP-USBXP Inc998DACCD
LISP-CHChocoladefabriken Lindt & Spruengli AG Partizipsch.999BADDB
A-USAgilent Technologies, Inc.1000DADDB
INVH-USInvitation Homes, Inc.1001DABCD
NBIS-USNebius Group N.V. Class A1002BADDC
PLTR-USPalantir Technologies Inc. Class A1003AADDD
CSGP-USCoStar Group, Inc.1004DABDD
8750-JPDai-ichi Life Holdings,Inc.1005CDDBD
ALC-CHAlcon AG1006BACDD
MNDY-USmonday.com Ltd.1007BADCD
AMH-USAmerican Homes 4 Rent Class A1008DACBD
6586-JPMakita Corporation1009DDDAD
EL-USEstee Lauder Companies Inc. Class A1010DDDDB
O-USRealty Income Corporation1011BACDD
CNC-USCentene Corporation1012BACDC
NFLX-USNetflix, Inc.1013AADDD
8308-JPResona Holdings, Inc.1014CADCD
8331-JPChiba Bank, Ltd.1015DADAD
8309-JPSumitomo Mitsui Trust Group, Inc.1016DACAD
7012-JPKawasaki Heavy Industries Ltd.1017BADCD
ENT-GBEntain PLC1018DABDC
IFT-NZInfratil Limited1019DDBDD
KIM-USKimco Realty Corporation1020DADBD
BE-USBloom Energy Corporation Class A1021BACCD
CPR-ITDavide Campari-Milano N.V.1022DADBD
AIA-NZAuckland International Airport Limited1023DDADD
7013-JPIHI Corporation1024BDDCC
OKLO-USOklo Inc. Class A1025BACCD
TW-USTradeweb Markets, Inc. Class A1026BACDD
BIIB-USBiogen Inc.1027DACDB
STE-USSTERIS plc1028CDDDC
TOST-USToast, Inc. Class A1029BACDD
ALO-FRAlstom SA1030CDCCD
6504-JPFuji Electric Co., Ltd.1031BDDDC
AGS-BEageas SA/NV1032DACDC
III-GB3i Group plc1033BDCDD
PODD-USInsulet Corporation1034DABDD
NVMI-USNova Ltd.1035DADDB
FSLR-USFirst Solar, Inc.1036BADDD
MRK-DEMerck KGaA1037BADDC
7011-JPMitsubishi Heavy Industries, Ltd.1038BDDCC
H-USHyatt Hotels Corporation Class A1039BADCD
ZBH-USZimmer Biomet Holdings, Inc.1040BACDD
REG-USRegency Centers Corporation1041DACCD
8136-JPSanrio Co. Ltd.1042DADCC
BEIJ.B-SEBeijer Ref AB Class B1043DADCD
WSP-CAWSP Global Inc1044CADDC
TWLO-USTwilio, Inc. Class A1045DABCD
HBAN-USHuntington Bancshares Incorporated1046BADDD
DLR-USDigital Realty Trust, Inc.1047BACDD
4911-JPShiseido Company,Limited1048DADCC
DDOG-USDatadog, Inc. Class A1049DADDB
8801-JPMitsui Fudosan Co., Ltd.1050CDDCD
CIEN-USCiena Corporation1051DACDC
FG-USF&G Annuities & Life Inc1052DADDB
QSR-USRestaurant Brands International, Inc.1053DABDD
9202-JPANA Holdings Inc.1054DADBD
FUTU-USFutu Holdings Ltd. Sponsored ADR Class A1055DADDB
SNOW-USSnowflake, Inc.1057CADDD
FFH-CAFairfax Financial Holdings Limited1056DADDB
AJG-USArthur J. Gallagher & Co.1058CADDC
SGP-AUStockland1059DDCCD
BN-CABrookfield Corporation1060BADCD
ARES-USAres Management Corporation1061DADDB
XYZ-USBlock, Inc. Class A1062DADCD
BAYN-DEBayer AG1063BACDD
DKNG-USDraftKings, Inc. Class A1064DADDC
VNA-DEVonovia SE1065CADDD
SMCI-USSuper Micro Computer, Inc.1067DADCD
SNAP-USSnap, Inc. Class A1066DACCD
X-CATMX Group Ltd.1068DACDD
CRDO-USCredo Technology Group Holding Ltd.1069DADDD
INSM-USInsmed Incorporated1070CACDD
IBKR-USInteractive Brokers Group, Inc. Class A1071DADDB
NWSA-USNews Corporation Class A1072BADDD
UDR-USUDR, Inc.1073BADDD
TYL-USTyler Technologies, Inc.1074DADDB
TEVA-USTeva Pharmaceutical Industries Limited Sponsored ADR1075DACDD
SATS-USEchoStar Corporation Class A1076DADCD
83-HKSino Land Co. Ltd.1077DDDBD
ARGX-BEargenx SE1078BADDD
GLW-USCorning Inc1079DADDC
MDB-USMongoDB, Inc. Class A1080DACDD
CYBR-USCyberArk Software Ltd.1081DADDD
CVS-USCVS Health Corporation1082DADDD
NTRA-USNatera, Inc.1083DACDD
CVNA-USCarvana Co. Class A1084DADDD
Z-USZillow Group, Inc. Class C1085DADCD
FWONK-USLiberty Media Corporation Series C Liberty Formula One1086CADDD
VTR-USVentas, Inc.1087DACDD
AFRM-USAffirm Holdings, Inc. Class A1088DACDD
NET-USCloudflare Inc Class A1089DADDD
OKTA-USOkta, Inc. Class A1090DDDDD
MSTR-USStrategy Inc Class A1091CADDD
Transparent_Randall_A

“We decided to build our own ESG approach rather than license one from a third party. Though it was a significant undertaking, we are quite proud of what we’ve created because it resulted in an methodology that marries common sense with robust systematic ranking.”

Randall Abramson, CFA

CEO, Portfolio Manager

We built our ESG approach from the ground up

FULL CONTROL

Most investment managers outsource their ESG process. While a cost effective route, outsourcing means giving up control. With many ESG vendors and ESG ETFs coming under scrutiny recently for their ESG approaches, we decided to build our own process.  We have complete control, full transparency, and have the ability to continuously improve our strategy in ways that make sense to us.

EMBEDDED FINANCAL METRICS

Most ESG approaches do not embed any financial metrics into their ranking process. Our proprietary Virtuous Cycle ScoreTM identifies companies with high profitability. These businesses have the resources and staying power to create lasting change.

A SMARTER APPROACH TO EXCLUSIONS

ESG approaches usually have broad and rigid exclusion rules. For example, all companies from industries like Oil & Gas are typically excluded from the investment universe. While our ranking approach excludes companies from industries that are associated with controversial or environmentally harmful activities, we may include companies from these industries in our portfolios should they demonstrate substantial commitments to reducing their carbon footprint, reduction of controversial or environmentally harmful activities, or other clearly articulated material changes to products and/or services. Our approach rewards companies that are making wholesale changes; often these initiatives result in the largest net reductions in emissions or carbon footprint.

PROPRIETARY METRICS

With over 20 years of financial innovation, we have a deep understanding and history of integrating systematic methodologies and ranking systems into our investment approach.

Learn more about our commitment to sustainability

ESG_Header

OUR COMMITMENT TO

Sustainable Investing

We have always been mindful of environmental, social, and governance issues (ESG), eschewing companies that sell firearms, tobacco, or are involved in environmentally damaging activities like coal mining.

In 2020, we developed a new, more robust ESG framework that codifies many of our long-held beliefs. Our proprietary quantitative ESG system ranks companies on their commitment to environmental & social change, governance policies, culture, profitability, and shareholder alignment.

How we find great companies doing great things

Our proprietary quantitative ESG model ranks companies on their commitment to environmental & social change, governance policies, culture, profitability, and shareholder alignment.

Quarterly Global ESG Rankings

The 1,250 largest global companies ranked using our proprietary quantitative ESG model.

ESG Ranks as of Q4 2025

TICKERNAMERANKINGENVIRONMENT GRADECULTURE GRADEGOVERNANCE GRADEALIGNMENT GRADEVIRTUOUS CYCLE GRADE
NOVN-CHNovartis AG1AAAAB
ADM-GBAdmiral Group plc2BAAAA
IHG-GBInterContinental Hotels Group PLC3BAAAA
BBY-USBest Buy Co., Inc.4BDAAA
KMB-USKimberly-Clark Corporation5AAABA
DHL-DEDeutsche Post AG6BAAAA
MC-FRLVMH Moet Hennessy Louis Vuitton SE7AABAA
GSK-GBGSK plc8AAAAA
JD-GBJD Sports Fashion Plc9BAAAA
RO-CHRoche Holding Ltd10BAAAA
HM.B-SEH&M Hennes & Mauritz AB Class B11CAAAA
ITX-ESIndustria de Diseno Textil, S.A.12ADBAA
FDJU-FRFDJ United13BABAA
RAND-NLRandstad NV14BAAAB
EQH-USEquitable Holdings, Inc.15BAABA
PNDORA-DKPandora A/S16DAAAA
RPRX-USRoyalty Pharma Plc Class A17BAAAB
AD-NLKoninklijke Ahold Delhaize N.V.18BAAAA
SAP-CASaputo Inc.19ADAAC
REC-ITRecordati S.p.A.20AABAB
LULU-USlululemon athletica inc.21CAABA
NVDA-USNVIDIA Corporation22AABBA
S68-SGSingapore Exchange Ltd.23BAABA
DG-FRVINCI SA24AABAB
OR-FRL'Oreal S.A.25AABAA
RKT-GBReckitt Benckiser Group plc26AAAAB
HCA-USHCA Healthcare Inc27AACAA
AFL-USAflac Incorporated28AABAB
MAERSK.A-DKA.P. Moller - Maersk A/S Class A29BABAA
BMED-ITBanca Mediolanum SpA30DAAAA
UBSG-CHUBS Group AG31AAABB
CNR-CACanadian National Railway Company31BAABB
8113-JPUnicharm Corporation33AABAB
APP-USAppLovin Corp. Class A34AAACA
DNB-NODNB Bank ASA35AAAAC
MA-USMastercard Incorporated Class A36AACCA
CAH-USCardinal Health, Inc.37ADADA
NOVO.B-DKNovo Nordisk A/S Class B38AABBA
G1A-DEGEA Group Aktiengesellschaft39BAAAA
AVOL-CHAvolta AG40BAAAB
UMG-NLUniversal Music Group N.V.41BAAAA
REL-GBRELX PLC42AABBA
3092-JPZOZO, Inc.43DAAAA
STLAM-ITStellantis N.V.44CAAAA
MAERSK.B-DKA.P. Moller - Maersk A/S Class B45BABAA
IAG-GBInternational Consolidated Airlines Group SA46CAAAB
CVC-NLCVC Capital Partners plc47BABAA
GLEN-GBGlencore plc48BAAAB
HEIA-NLHeineken NV49AAAAC
WISE-GBWise PLC Class A50BAABA
OTIS-USOtis Worldwide Corporation51AAACA
TEL-NOTelenor ASA52BABAA
ML-FRCie Generale des Etablissements Michelin SA53BAAAB
WN-CAGeorge Weston Limited54BAAAB
MS-USMorgan Stanley55AAAAC
ULVR-GBUnilever PLC56AABBA
PST-ITPoste Italiane SpA57CAAAB
HSBA-GBHSBC Holdings Plc58AAAAD
EA-USElectronic Arts Inc.59BABAA
CS-FRAXA SA60AAAAC
ESSITY.B-SEEssity AB Class B61AAABB
DTE-DEDeutsche Telekom AG62AABAA
COST-USCostco Wholesale Corporation63AABBA
CABK-ESCaixaBank SA64AAAAC
P911-DEPorsche AG65BABAB
SAN-FRSanofi SA66AAAAC
ORA-FROrange SA67BAAAB
L-CALoblaw Companies Limited68BAAAB
GJF-NOGjensidige Forsikring ASA69DAAAA
TEF-ESTelefonica SA70BABAB
QCOM-USQUALCOMM Incorporated71ADBCA
WSM-USWilliams-Sonoma, Inc.72DDABA
LOGN-CHLogitech International S.A.73DAABA
ADBE-USAdobe Inc.74AABBA
ELISA-FIElisa Oyj Class A75DAAAA
MG-CAMagna International Inc.76BAABB
V-USVisa Inc. Class A77AABDA
BKNG-USBooking Holdings Inc.78AABBA
KER-FRKering SA79BAABB
NDA.FI-FINordea Bank Abp80AAAAC
SPGI-USS&P Global, Inc.81AAACA
MRK-USMerck & Co., Inc.82AABCA
TER-USTeradyne, Inc.83AABBA
KR-USKroger Co.84BDAAB
MSCI-USMSCI Inc. Class A85BAABA
SEB.A-SESkandinaviska Enskilda Banken AB Class A86BAAAC
RMS-FRHermes International S.A.87AACBA
SREN-CHSwiss Re AG88AAAAD
MET-USMetLife, Inc.89AAAAD
UNP-USUnion Pacific Corporation90AAACB
DGE-GBDiageo plc91BDABB
1308-HKSITC International Holdings Co., Ltd.92BACAA
PAYX-USPaychex, Inc.94AACBA
CARR-USCarrier Global Corp.93AAAAC
388-HKHong Kong Exchanges & Clearing Ltd.94BAACA
AHT-GBAshtead Group plc96BDBAA
ADP-USAutomatic Data Processing, Inc.97ADADA
WKL-NLWolters Kluwer N.V.98DAABA
NWG-GBNatWest Group Plc99AAAAC
VZ-USVerizon Communications Inc.100AAACB
LSEG-GBLondon Stock Exchange Group plc101BAAAC
BS6-SGYangzijiang Shipbuilding (Holdings) Ltd.102BABAA
AUTO-GBAutotrader Group PLC103DDAAA
QAN-AUQantas Airways Limited104CAABA
DECK-USDeckers Outdoor Corporation105CAABA
GWO-CAGreat-West Lifeco Inc.106BAAAC
SPG-USSimon Property Group, Inc.107AABBA
ACN-USAccenture Plc Class A108ADADA
NESN-CHNestle S.A.109BAABB
BARC-GBBarclays PLC110AAAAD
EBAY-USeBay Inc.111BAABB
EDEN-FREdenred SA112DAABA
TFII-CATFI International Inc.113BAABA
ISP-ITIntesa Sanpaolo S.p.A.114BAAAD
INW-ITInfrastrutture Wireless Italiane S.p.A.115BAAAD
GGG-USGraco Inc.116AACCA
LLY-USEli Lilly and Company117AABCA
MBG-DEMercedes-Benz Group AG118AAAAC
CSL-USCarlisle Companies Incorporated119BAABB
GM-USGeneral Motors Company120AAABC
WRT1V-FIWartsila Oyj Abp121AAABB
PG-USProcter & Gamble Company123ADADA
BXB-AUBrambles Limited122BDACA
RYA-IERyanair Holdings Plc124BDBBA
288-HKWH Group Ltd. (HK)125AADAB
BAH-USBooz Allen Hamilton Holding Corporation Class A127BDABB
11-HKHang Seng Bank, Limited126CAAAC
AENA-ESAena SME SA128AAAAC
MSFT-USMicrosoft Corporation129ADBDA
9432-JPNTT Inc130ADCAB
LRCX-USLam Research Corporation131AACCA
ULTA-USUlta Beauty Inc.133CDACA
ON-USON Semiconductor Corporation132BAABB
ACA-FRCredit Agricole SA134AAAAD
KPN-NLRoyal KPN NV135DAABA
SOON-CHSonova Holding AG136BDABA
SCMN-CHSwisscom AG137CABAA
IGM-CAIGM Financial Inc.138BABAB
KO-USCoca-Cola Company139AABCB
CCEP-USCoca-Cola Europacific Partners plc140BABAC
MAR-USMarriott International, Inc. Class A141BABAB
RJF-USRaymond James Financial, Inc.142BABAB
6098-JPRecruit Holdings Co., Ltd.144ADCAA
A5G-IEAIB Group plc143BAAAD
FERG-USFerguson Enterprises Inc.145AABCB
IBM-USInternational Business Machines Corporation146AABBB
AAPL-USApple Inc.148AABDA
EXO-NLEXOR N.V.147DACAA
TD-CAToronto-Dominion Bank149AAABC
PGHN-CHPartners Group Holding AG150BACAA
SGE-GBSage Group plc151DAAAB
TRYG-DKTryg A/S152DAAAC
ENX-FREuronext NV153DAAAB
TELIA-SETelia Company AB153DAAAB
9433-JPKDDI Corporation155BDCAA
URI-USUnited Rentals, Inc.156AABCA
ALL-AUAristocrat Leisure Limited158CDABB
AIG-USAmerican International Group, Inc.157AAABC
APO-USApollo Global Management Inc159AABCA
ABBV-USAbbVie, Inc.160AABDA
FTNT-USFortinet, Inc.161CACBA
PRX-NLProsus N.V. Class N162ADAAD
JPM-USJPMorgan Chase & Co.163AABCB
ABBN-CHABB Ltd.164AABBB
GIS-USGeneral Mills, Inc.165BDABB
HLT-USHilton Worldwide Holdings Inc.166AABBB
LLOY-GBLloyds Banking Group plc167AAAAD
SHB.A-SESvenska Handelsbanken AB Class A168CAAAC
KNEBV-FIKONE Oyj Class B169DABAA
HPQ-USHP Inc.170ADBBA
FCNCA-USFirst Citizens BancShares, Inc. Class A171BACAA
RSG-USRepublic Services, Inc.172AABBB
PYPL-USPayPal Holdings, Inc.173CAABA
BT.A-GBBT Group plc176DDAAB
SWED.A-SESwedbank AB Class A174DAAAC
TLC-AULottery Corporation Limited174CAACA
BMY-USBristol-Myers Squibb Company177AAACB
JBHT-USJ.B. Hunt Transport Services, Inc.178BACAB
SALM-NOSalMar ASA179CAABB
WMT-USWalmart Inc.180ADDBA
EXPE-USExpedia Group, Inc.181BABBA
KNIN-CHKuehne & Nagel International AG182BADAA
BRK.B-USBerkshire Hathaway Inc. Class B183AABBB
AMS-ESAmadeus IT Group SA Class A184AAACB
DIE-BED'Ieteren Group SA/NV185DACAA
PSA-USPublic Storage186CABBA
IT-USGartner, Inc.187DABAA
TROW-UST. Rowe Price Group, Inc.188DAAAA
HSY-USHershey Company189BAACA
IDXX-USIDEXX Laboratories, Inc.190BABCA
WFC-USWells Fargo & Company191AAABD
PSON-GBPearson PLC192CAAAC
CM-CACanadian Imperial Bank of Commerce193BAABC
SHW-USSherwin-Williams Company194AABBB
COLO.B-DKColoplast A/S Class B195BDCAA
SW-USSmurfit Westrock PLC196AAACB
CMG-USChipotle Mexican Grill, Inc.197BAACA
ASML-NLASML Holding NV198AABDA
IPN-FRIpsen SA199CABBA
NDAQ-USNasdaq, Inc.200BAABB
MU-USMicron Technology, Inc.202ADADB
STAN-GBStandard Chartered PLC201BAAAD
ROG-CHRoche Holding Ltd Dividend Right Cert.203AABDA
TPL-USTexas Pacific Land Corporation204AABDA
ALV-DEAllianz SE205AAACC
SYF-USSynchrony Financial206CAABA
SBRY-GBJ Sainsbury plc207DAAAC
TSCO-GBTesco PLC208BAAAC
JMT-PTJeronimo Martins, SGPS S.A.209DACAA
2587-JPSuntory Beverage & Food Ltd.210BABAB
TGT-USTarget Corporation212BDBCA
UPM-FIUPM-Kymmene Oyj211BAAAC
CON-DEContinental AG213BABAB
EMP.A-CAEmpire Co Ltd Class A214BDBBB
DTG-DEDaimler Truck Holding AG215BAAAD
PRU-GBPrudential plc216CAAAC
ORNBV-FIOrion Oyj Class B217DAACA
GDDY-USGoDaddy, Inc. Class A218CAACA
FOX-USFox Corporation Class B219BAAAC
STMN-CHStraumann Holding AG220DAABA
TPR-USTapestry, Inc.221AAADB
HEN-DEHenkel AG & Co. KGaA222BABAC
9143-JPSG Holdings Co., Ltd.224BACAB
BNR-DEBrenntag SE223BABAB
G-ITAssicurazioni Generali S.p.A.225CAAAD
HRL-USHormel Foods Corporation226ADCAC
3382-JPSeven & I Holdings Co., Ltd.227BDBAB
285A-JPKioxia Holdings Corporation228BDBBA
RACE-ITFerrari NV229BACBA
MCD-USMcDonald's Corporation230AABDB
CLX-USClorox Company232DDABA
BVI-FRBureau Veritas SA231DAAAB
UCG-ITUniCredit S.p.A.233AAABD
BK-USBank of New York Mellon Corp234AAABD
BNZL-GBBunzl plc235DAAAB
TXN-USTexas Instruments Incorporated236AACDA
SN-GBSmith & Nephew plc237BAABC
LGEN-GBLegal & General Group Plc238DAAAC
FITB-USFifth Third Bancorp239AABCC
UPS-USUnited Parcel Service, Inc. Class B240DAACA
GILD-USGilead Sciences, Inc.241AABDB
REGN-USRegeneron Pharmaceuticals, Inc.242AACBA
DELL-USDell Technologies, Inc. Class C243BDCAA
AMT-USAmerican Tower Corporation244AACCA
PEP-USPepsiCo, Inc.245AABCA
EPI.A-SEEpiroc AB Class A246CABBA
66-HKMTR Corporation Limited247BAAAD
BTRW-GBBarratt Redrow plc248BAAAD
SLB-USSLB Limited249AABBB
ANET-USArista Networks, Inc.251AACCA
ELV-USElevance Health, Inc.250AAACC
RY-CARoyal Bank of Canada252AABBB
FTV-USFortive Corp.253AAABC
COR-USCencora, Inc.254BABDA
CBA-AUCommonwealth Bank of Australia255AAACC
LOW-USLowe's Companies, Inc.256ADBDA
CMCSA-USComcast Corporation Class A256AACBC
GFL-CAGFL Environmental Inc258BAAAD
SCHN-CHSchindler Holding Ltd.259BACAA
EQT-SEEQT AB260BACAB
GMAB-DKGenmab A/S261BABBB
8697-JPJapan Exchange Group, Inc.263DAAAB
AMZN-USAmazon.com, Inc.262AACCA
WOW-AUWoolworths Group Ltd265BDADA
CTAS-USCintas Corporation264AADCA
SOBI-SESwedish Orphan Biovitrum AB266AABBB
GWW-USW.W. Grainger, Inc.267CABCA
BNP-FRBNP Paribas S.A. Class A268AABAD
JDEP-NLJDE Peet's NV269BAAAD
DSV-DKDSV A/S270BAACB
C-USCitigroup Inc.271AAABD
ERIE-USErie Indemnity Company Class A272BACBA
5108-JPBridgestone Corporation273AADAC
MCK-USMcKesson Corporation274BDADA
VOD-GBVodafone Group Public Limited Company276DDAAC
IEX-USIDEX Corporation275AAADB
HNR1-DEHannover Rueck SE277BABAC
AON-USAon Plc Class A278BABCA
GEV-USGE Vernova Inc.279AABDB
MTD-USMettler-Toledo International Inc.280DAACA
Z74-SGSingapore Telecommunications Limited283CDBAC
ATD-CAAlimentation Couche-Tard Inc.281BACAB
LEN-USLennar Corporation Class A281BABBB
CCH-GBCoca-Cola HBC AG283DABBB
SBUX-USStarbucks Corporation285ADBDA
CNH-USCNH Industrial NV286BAABC
9434-JPSoftBank Corp.287DDBAA
ATCO.A-SEAtlas Copco AB Class A288BACBA
ZURN-CHZurich Insurance Group Ltd289BABBB
AMGN-USAmgen Inc.290AABDA
RAA-DERational Aktiengesellschaft291BADAA
UNH-USUnitedHealth Group Incorporated292AACCB
4503-JPAstellas Pharma Inc.293ADBBB
META-USMeta Platforms Inc Class A294AACDA
7735-JPSCREEN Holdings Co., Ltd296BADAA
JNJ-USJohnson & Johnson295AACDA
EN-FRBouygues SA297CACAB
DLTR-USDollar Tree, Inc.298CAABB
DEMANT-DKDemant A/S299CADAB
DOL-CADollarama Inc.300BACCA
INPST-NLInPost S.A.301DAABA
ORK-NOOrkla ASA302DAAAC
GS-USGoldman Sachs Group, Inc.303AABBC
CHRW-USC.H. Robinson Worldwide, Inc.304BAADA
BESI-NLBE Semiconductor Industries N.V.305DAACA
CL-USColgate-Palmolive Company306BABDA
4716-JPOracle Corporation Japan307BDDAA
INDU.A-SEIndustrivarden AB Class A308BACAB
HD-USHome Depot, Inc.309AACDA
GOOG-USAlphabet Inc. Class C310AADCA
SW-FRSodexo SA311BDBAC
CSCO-USCisco Systems, Inc.313ADCDA
3064-JPMonotaRO Co., Ltd.312BACBA
BAM-CABrookfield Asset Management Ltd. Class A314BABCB
SAN-ESBanco Santander, S.A.315AABBC
FME-DEFresenius Medical Care AG316DAAAC
STT-USState Street Corporation317BAABC
ATCO.B-SEAtlas Copco AB Class B318AACCA
KESKOB-FIKesko Oyj Class B319DAABA
4519-JPChugai Pharmaceutical Co., Ltd.320BADAA
AVGO-USBroadcom Inc.321AACDA
DIM-FRSartorius Stedim Biotech SA322DABBA
EVO-SEEvolution AB323DACAA
SAP-DESAP SE324AACBC
PPG-USPPG Industries, Inc.325BAABB
7267-JPHonda Motor Co., Ltd.326AACAD
AMAT-USApplied Materials, Inc.327AADCA
TMUS-UST-Mobile US, Inc.328AACAC
JBL-USJabil Inc.329BDCBA
NXT-GBNext plc330DACAA
SDR-GBSchroders PLC331DAAAC
ZTS-USZoetis, Inc. Class A332AABDA
EG-USEverest Group, Ltd.333BAABC
IRM-USIron Mountain, Inc.334CABCA
TEL2.B-SETele2 AB Class B335DABAB
APTV-USAptiv PLC336BAABC
GEBN-CHGeberit AG337CACCA
4151-JPKyowa Kirin Co., Ltd.338AACAD
AZN-GBAstraZeneca PLC339AACCB
2388-HKBOC Hong Kong (Holdings) Limited340CABAC
MONC-ITMoncler SpA341DAABA
TMO-USThermo Fisher Scientific Inc.342AABBC
LII-USLennox International Inc.343DACBA
GLPI-USGaming and Leisure Properties, Inc.344CABBB
CPG-GBCompass Group PLC345AACCA
SGRO-GBSEGRO plc346DAABB
INTU-USIntuit Inc.347AACCA
NN-NLNN Group N.V.348CAAAD
STMMI-ITSTMicroelectronics NV349DABBA
MICC-NLMagnum Ice Cream Co. N.V.350BABBA
BKT-ESBankinter SA351CABAC
BCVN-CHBanque Cantonale Vaudoise352DAAAC
ERF-FREurofins Scientific SE353DABAB
HIK-GBHikma Pharmaceuticals Plc354DABAB
CFR-CHCompagnie Financiere Richemont SA355AABBC
TRI-CAThomson Reuters Corporation356CABAC
MQG-AUMacquarie Group, Ltd.357CAACC
DANSKE-DKDanske Bank A/S358DAAAD
RI-FRPernod Ricard SA359BDAAD
DBK-DEDeutsche Bank Aktiengesellschaft360AABAD
FICO-USFair Isaac Corporation361DABCA
NAB-AUNational Australia Bank Limited362AAACC
4452-JPKao Corporation363BACAB
RF-USRegions Financial Corporation363BAABC
URW-FRUnibail-Rodamco-Westfield SE Stapled Secs Cons of 1 Sh Unibail Rodamco + 1 Sh WFD Unib Rod365BAABD
HEIO-NLHeineken Holding N.V.365DACAB
DIS-USWalt Disney Company367ADACD
BMO-CABank of Montreal368AAACC
MZTF-ILMizrahi Tefahot Bank Ltd369BACAB
ASM-NLASM International N.V.370DAACA
ITRK-GBIntertek Group plc371DACAA
MNG-GBM&G Plc372DAABC
ASSA.B-SEASSA ABLOY AB Class B373AABCB
SGO-FRCompagnie de Saint-Gobain SA374AABCB
VWS-DKVestas Wind Systems A/S375AABCB
EVD-DECTS Eventim AG & Co. KGaA376DABBA
KBX-DEKnorr-Bremse AG377DABAA
CRWD-USCrowdStrike Holdings, Inc. Class A378AACDA
ENR-DESiemens Energy AG381ADCDB
MSI-USMotorola Solutions, Inc.379AACDA
ABT-USAbbott Laboratories380AABDB
CI-USCigna Group382BABBC
VRTX-USVertex Pharmaceuticals Incorporated383AABDA
CLNX-ESCellnex Telecom S.A.384DAAAD
EPI.B-SEEpiroc AB Class B385BABCA
RNO-FRRenault SA386DABAC
HOLX-USHologic, Inc.388BDBDA
BALL-USBall Corporation387BAABC
HUM-USHumana Inc.389BABBB
CTSH-USCognizant Technology Solutions Corporation Class A390DAACB
ADI-USAnalog Devices, Inc.393AABBC
TLS-AUTelstra Group Limited391BDBCA
ERIC.B-SETelefonaktiebolaget LM Ericsson Class B392BACBA
GEN-USGen Digital Inc.394CAACC
BLK-USBlackRock, Inc.395AABDB
AMUN-FRAmundi SA396DAAAC
HOT-DEHOCHTIEF Aktiengesellschaft397DACBB
FDX-USFedEx Corporation399BDBBC
MAS-USMasco Corporation398BACCA
LAND-GBLand Securities Group PLC400DDAAD
UTHR-USUnited Therapeutics Corporation401CABBC
BMPS-ITBanca Monte dei Paschi di Siena S.p.A.402CAACB
AXP-USAmerican Express Company403AADDA
VACN-CHVAT Group AG404CABCA
9101-JPNippon Yusen Kabushiki Kaisha405CADAB
MMM-US3M Company406BABDA
REA-AUREA Group Ltd408DDCBA
CHTR-USCharter Communications, Inc. Class A407DACAC
YUM-USYum! Brands, Inc.409BABDA
TSLA-USTesla, Inc.410AADDA
CARL.B-DKCarlsberg AS Class B411DACBA
AVY-USAvery Dennison Corporation412BACBA
4543-JPTerumo Corporation413AABCC
1878-JPDaito Trust Construction Co., Ltd.414BADAA
CSX-USCSX Corporation415BABCB
ANA-ESAcciona SA416DAAAC
CCI-USCrown Castle Inc.417CAACB
TSCO-USTractor Supply Company418CABDA
D05-SGDBS Group Holdings Ltd419DABAC
6857-JPAdvantest Corp.421AADCA
SGSN-CHSGS SA420DABCA
KGF-GBKingfisher Plc422DDAAC
SIE-DESiemens Aktiengesellschaft423ADBBC
TJX-USTJX Companies Inc424ADCDA
BIM-FRbioMerieux SA425BACBB
T-USAT&T Inc426AACCC
MRSH-USMarsh & McLennan Companies, Inc.427AACDA
PFG-USPrincipal Financial Group, Inc.428DAABB
8035-JPTokyo Electron Ltd.430AADCA
BAC-USBank of America Corp429AABBD
8630-JPSompo Holdings,Inc.431BACAD
LATO.B-SEInvestment AB Latour Class B432DABAB
7741-JPHOYA CORPORATION433AADCA
MOWI-NOMowi ASA434BABCC
EXPD-USExpeditors International of Washington, Inc.435BACCA
FFIV-USF5, Inc.436CAADA
SAMPO-FISampo Oyj437DAABC
SNA-USSnap-on Incorporated438CABBB
TIT-ITTelecom Italia S.p.A.439BAACC
8306-JPMitsubishi UFJ Financial Group, Inc.440AACAD
KOG-NOKongsberg Gruppen ASA441DACBA
NXPI-USNXP Semiconductors NV442BABDB
7270-JPSubaru Corporation443BADAB
F34-SGWilmar International Limited444BABAD
4689-JPLY Corporation445DDAAD
INDT-SEIndutrade AB446DAABB
HLN-GBHaleon PLC447CAABD
2802-JPAjinomoto Co., Inc.450BDDBB
WES-AUWesfarmers Limited448ADCDA
NVR-USNVR, Inc.449BACCA
COL-AUColes Group Ltd.451BDBDA
ROST-USRoss Stores, Inc.452ADDCA
PANW-USPalo Alto Networks, Inc.454AADDA
NTAP-USNetApp, Inc.455DDBCA
3659-JPNEXON Co., Ltd.453DABAB
PFE-USPfizer Inc.456AADCB
WY-USWeyerhaeuser Company457AACCC
GEHC-USGE Healthcare Technologies Inc.458BAADB
INTC-USIntel Corporation459AABDB
TT-USTrane Technologies plc460CABBB
CSL-AUCSL Limited462ADBDB
PHNX-GBPhoenix Group Holdings plc461DAAAD
ORCL-USOracle Corporation463AADCB
AMD-USAdvanced Micro Devices, Inc.464AACDB
INVE.B-SEInvestor AB Class B465AADDA
SLF-CASun Life Financial Inc.466CAACC
8593-JPMitsubishi HC Capital Inc.467AACAD
EME-USEMCOR Group, Inc.468BACCA
6178-JPJAPAN POST HOLDINGS Co., Ltd.469BDBAD
IQV-USIQVIA Holdings Inc470BAACC
BMW-DEBayerische Motoren Werke AG471BACAD
7733-JPOlympus Corp.472BADAB
7182-JPJapan Post Bank Co., Ltd.473AABAD
INGA-NLING Groep N.V.474DAAAD
FISV-USFiserv, Inc.475AABBD
LI-FRKlepierre SA476BABAD
GIB.A-CACGI Inc. Class A477DABBB
LHA-DEDeutsche Lufthansa AG478BABBC
HEXA.B-SEHexagon AB Class B479CAABC
CPU-AUComputershare Limited480CDBBB
SAND-SESandvik AB481BACBB
6702-JPFujitsu Limited483ADDBB
MDLZ-USMondelez International, Inc. Class A482BAABD
HEN3-DEHenkel AG & Co. KGaA Pref484CABBC
VICI-USVICI Properties Inc485BAACD
UHS-USUniversal Health Services, Inc. Class B486BACBB
BEI-DEBeiersdorf AG487DABAC
CTC.A-CACanadian Tire Corporation, Limited Class A488BACAB
ADYEN-NLAdyen NV489CABDA
TIH-CAToromont Industries Ltd.490AABDB
MFC-CAManulife Financial Corporation491AABBC
INDU.C-SEIndustrivarden AB Class C492CACBB
BAMI-ITBanco BPM SpA493DAAAD
6988-JPNitto Denko Corp.494CDDAB
AC-FRAccor SA495CAAAD
8604-JPNomura Holdings, Inc.496ADBAD
ADS-DEadidas AG497BABCB
ABNB-USAirbnb, Inc. Class A498BADCA
AER-USAerCap Holdings NV499AACBC
NEXI-ITNexi S.p.A.499DAAAD
DPZ-USDomino's Pizza, Inc.501BADCA
MELI-USMercadoLibre, Inc.502AADCA
8766-JPTokio Marine Holdings, Inc.503AADAC
FER-ESFerrovial SE504BABBD
SYY-USSysco Corporation506BDBBB
CHKP-USCheck Point Software Technologies Ltd.505DACCA
KLAC-USKLA Corporation508ADDDA
NEM-DENemetschek SE507DABBA
SGH-AUSGH Limited509BABBC
8001-JPItochu Corporation510AADBC
FPH-NZFisher & Paykel Healthcare Corporation Limited511BACCA
8725-JPMS&AD Insurance Group Holdings, Inc.512BDCAD
7309-JPShimano Inc.513BADAB
PRY-ITPrysmian S.p.A.514BABDB
TEL-USTE Connectivity plc515AACDB
AMP-USAmeriprise Financial, Inc.516DACCA
MUV2-DEMunchener Ruckversicherungs-Gesellschaft AG517AABCC
NOW-USServiceNow, Inc.518AADDA
ASRNL-NLASR Nederland N.V.519DABAB
EBS-ATErste Group Bank AG520BACBC
MNST-USMonster Beverage Corporation521BADCA
DOC-USHealthpeak Properties, Inc.522CAABD
MAP-ESMapfre SA523DABAD
T-CATELUS Corporation524DAACC
GRMN-USGarmin Ltd.525BADBB
9983-JPFAST RETAILING CO., LTD.526BDDBA
BLDR-USBuilders FirstSource, Inc.527BACCA
SU-FRSchneider Electric SE528AACCC
AGN-NLAegon Ltd.529DAAAD
ICE-USIntercontinental Exchange, Inc.530AABDC
GFC-FRGecina SA531DAAAD
GOOGL-USAlphabet Inc. Class A532AADDA
PUB-FRPublicis Groupe SA533DACBB
7751-JPCanon Inc.534BADAC
WM-USWaste Management, Inc.535AACDB
CRWV-USCoreWeave, Inc. Class A536BABBC
KVUE-USKenvue, Inc.537CAACC
WTW-USWillis Towers Watson Public Limited Company538DAACC
9104-JPMitsui O.S.K.Lines,Ltd.540BADAC
PGR-USProgressive Corporation539BACDA
CCL-USCarnival Corporation541BACDA
XRO-AUXero Limited542DAADB
INCY-USIncyte Corporation543AACDB
6902-JPDENSO CORPORATION544BDDAC
SAGA.B-SEAB Sagax Class B545BADBB
STZ-USConstellation Brands, Inc. Class A547CDCAC
COV-FRCovivio SA546DABAD
7202-JPIsuzu Motors Limited548BDDAC
LUMI-ILBank Leumi Le-Israel B.M.549DABAC
NBIX-USNeurocrine Biosciences, Inc.550AADDB
KDP-USKeurig Dr Pepper Inc.551CAABD
CBRE-USCBRE Group, Inc. Class A552AACDB
1113-HKCK Asset Holdings Limited553DABAD
2503-JPKirin Holdings Co. Ltd.554CABBC
GALD-CHGalderma Group AG555CAABD
6146-JPDisco Corporation556CADCA
VOW3-DEVolkswagen AG Pref557CABBD
CMI-USCummins Inc.558BABDA
PHM-USPulteGroup, Inc.559BACBC
BBVA-ESBanco Bilbao Vizcaya Argentaria, S.A.560AACCC
C38U-SGCapitaLand Integrated Commercial Trust561BAACD
MRU-CAMetro Inc.562BDBCC
ELS-USEquity LifeStyle Properties, Inc.563BACCA
SCHW-USCharles Schwab Corp564AADCC
VRSK-USVerisk Analytics, Inc.565BACDA
RCI.B-CARogers Communications Inc. Class B565CACBC
FIS-USFidelity National Information Services, Inc.567BAACD
EL-FREssilorLuxottica SA568AABCD
HPE-USHewlett Packard Enterprise Co.569AABDC
MRVL-USMarvell Technology, Inc.570AAACD
4568-JPDaiichi Sankyo Company, Limited571BADBC
6981-JPMurata Manufacturing Co., Ltd.572CADBB
CFG-USCitizens Financial Group, Inc.573BABBD
PH-USParker-Hannifin Corporation575CDADB
PNC-USPNC Financial Services Group, Inc.574BABCC
WTC-AUWisetech Global Ltd.576DABBB
RXL-FRRexel SA577CAABC
FRE-DEFresenius SE & Co. KGaA578DABBC
SPX-GBSpirax Group plc.579DAACB
6501-JPHitachi, Ltd.581ADDCB
UNI-ITUNIPOL ASSICURAZIONI SPA580DABAC
ORLY-USO'Reilly Automotive, Inc.582BADCA
9107-JPKawasaki Kisen Kaisha, Ltd.583BADAC
ISRG-USIntuitive Surgical, Inc.584AACDB
CDW-USCDW Corporation585DABCB
ADSK-USAutodesk, Inc.586BADDA
WBC-AUWestpac Banking Corporation587AABCD
BX-USBlackstone Inc.588BADCA
WTB-GBWhitbread PLC589DDAAD
TCL-AUTransurban Group Ltd.591ADACD
6758-JPSony Group Corporation590ADDCA
LOTB-BELotus Bakeries NV592BADBB
7259-JPAisin Corporation593BDDAC
CRM-USSalesforce, Inc.595ADDCC
TLX-DETalanx AG594BADAC
GBLB-BEGroupe Bruxelles Lambert SA596BACAD
SHL-DESiemens Healthineers AG597DABAD
3038-JPKobe Bussan Co., Ltd.598BADBA
SOF-BESofina SA599DACCB
POW-CAPower Corporation of Canada600BACAC
FAST-USFastenal Company601BADDA
SRT3-DESartorius AG Pref602BADCB
BN-FRDanone SA603BABCC
PRU-USPrudential Financial, Inc.604AABCD
1997-HKWharf Real Estate Investment Company Limited605BACAD
SHL-AUSonic Healthcare Limited606DABCB
NTNX-USNutanix, Inc. Class A607DACDA
VCX-AUVicinity Centres608CDBBD
CP-CACanadian Pacific Kansas City Limited609CAACC
COH-AUCochlear Limited610CDACC
BNS-CABank of Nova Scotia611CAACC
DSY-FRDassault Systemes SE612CACBB
APH-USAmphenol Corporation Class A613AACDB
IAG-AUInsurance Australia Group Ltd614DAACC
SLHN-CHSwiss Life Holding AG615BADBC
6301-JPKomatsu Ltd.616BADAC
WCN-CAWaste Connections, Inc.617AABDC
IAG-CAiA Financial Corporation Inc.618BAACC
3626-JPTIS Inc.619BDDBB
LONN-CHLonza Group AG620CABBC
MTB-USM&T Bank Corporation621BACBD
TTD-USTrade Desk, Inc. Class A622DABCA
WPC-USW. P. Carey Inc.623DAABD
LIFCO.B-SELifco AB Class B624DACBA
4704-JPTrend Micro Incorporated625BADCA
DB1-DEDeutsche Boerse AG626DABCB
2801-JPKikkoman Corporation627BDDAB
6201-JPToyota Industries Corp.628BABBD
4768-JPOTSUKA CORPORATION629BADAB
BEAN-CHBELIMO Holding AG630CADCA
EXPN-GBExperian PLC633CDBDA
KRX-IEKingspan Group Plc631BACBB
4684-JPOBIC Co., Ltd.632DDBBB
ALL-USAllstate Corporation634DABCB
AFG-USAmerican Financial Group, Inc.635BADBB
HUBB-USHubbell Incorporated636AACDB
IFC-CAIntact Financial Corporation637BAADC
1928-JPSekisui House, Ltd.638BADBC
7269-JPSuzuki Motor Corp.639BDDBB
ADP-FRAeroports de Paris640DABAD
669-HKTechtronic Industries Co., Ltd.641DADBB
CAR-AUCAR Group Limited642CDBBC
CAT-USCaterpillar Inc.643BACDB
4204-JPSekisui Chemical Co., Ltd.644CDDAC
BPE-ITBPER Banca S.p.A.645CAACC
KBC-BEKBC Group N.V.646BADAC
STERV-FIStora Enso Oyj Class R647DAACC
LR-FRLegrand SA648AACCC
VLTO-USVeralto Corporation649DABDA
SKA.B-SESkanska AB Class B650DABBC
NDSN-USNordson Corporation652DDBBB
GLE-FRSociete Generale S.A. Class A651AACBD
EW-USEdwards Lifesciences Corporation653CACCB
BARN-CHBarry Callebaut AG654BDBBD
8729-JPSony Financial Group Inc.655BABBC
CCL.B-CACCL Industries Inc. Class B656BADBB
TFC-USTruist Financial Corporation657BABBD
5201-JPAGC Inc.658BADAC
AME-USAMETEK, Inc.659AACDB
ROL-USRollins, Inc.660DADBA
4523-JPEisai Co., Ltd.662ADDBD
POLI-ILBank Hapoalim BM661BACBC
DT-USDynatrace, Inc.664BAADC
IR-USIngersoll Rand Inc.663AABDD
4507-JPShionogi & Co., Ltd.665BDDBB
MPL-AUMedibank Private Ltd.666DABCB
19-HKSwire Pacific Limited Class A667BACAD
O39-SGOversea-Chinese Banking Corporation Limited668DABAC
RTO-GBRentokil Initial plc669CACCB
FNF-USFidelity National Financial, Inc. - FNF Group670DADAB
KHC-USKraft Heinz Company671BABBD
QBE-AUQBE Insurance Group Limited672DAACC
AMCR-USAmcor PLC674BDBBC
DAL-USDelta Air Lines, Inc.673BACDA
1802-JPObayashi Corporation675BADAC
RBLX-USRoblox Corp. Class A676CADDA
7550-JPZensho Holdings Co., Ltd.677BADBB
8316-JPSumitomo Mitsui Financial Group, Inc.678AADBD
BF.B-USBrown-Forman Corporation Class B679DDCBB
CB-USChubb Limited680AACCC
DHR-USDanaher Corporation681AADCC
SAB-ESBanco de Sabadell SA681DABAD
GPC-USGenuine Parts Company683BACCB
AZO-USAutoZone, Inc.684BDDDA
CDNS-USCadence Design Systems, Inc.685AADDA
SYK-USStryker Corporation686AACCC
NSC-USNorfolk Southern Corporation687BAADC
8601-JPDaiwa Securities Group Inc.688BADAD
7181-JPJAPAN POST INSURANCE Co., Ltd.689DDAAD
LYV-USLive Nation Entertainment, Inc.690BADBB
BCE-CABCE Inc.691DABCB
PHIA-NLKoninklijke Philips N.V.692BAACD
ALLE-USAllegion Public Limited Company693DAADB
6823-HKHKT Trust and HKT Ltd694DACAC
ETN-USEaton Corp. Plc695AACDC
7453-JPRyohin Keikaku Co., Ltd.697CACCC
BIRG-IEBank of Ireland Group Plc696DABBD
LPLA-USLPL Financial Holdings Inc.698BADDA
8795-JPT&D Holdings, Inc.699BDCAD
VEEV-USVeeva Systems Inc Class A700BDDDA
6869-JPSysmex Corporation701CADBB
SCG-AUScentre Group702BAACD
PAYC-USPaycom Software, Inc.703DACCA
IOT-USSamsara, Inc. Class A705BABDC
ROK-USRockwell Automation, Inc.704CACDA
PME-AUPro Medicus, Ltd.706DADBA
CG-USCarlyle Group Inc707DADBA
NA-CANational Bank of Canada708BABDB
ODFL-USOld Dominion Freight Line, Inc.709DADBA
KEY-USKeyCorp710BACBC
XYL-USXylem Inc.711AABDC
8058-JPMitsubishi Corporation712BDDAC
BMW3-DEBayerische Motoren Werke AG Pref713BABBD
J36-SGJardine Matheson Holdings Limited714BACBC
823-HKLink Real Estate Investment Trust716CAACD
KKR-USKKR & Co Inc715CADCB
ANZ-AUANZ Group Holdings Limited717AABDD
6841-JPYokogawa Electric Corp.718BDDBC
ASX-AUASX Limited719DDACC
HLMA-GBHalma plc721DDADB
SECU.B-SESecuritas AB Class B720DACBC
BCP-PTBanco Comercial Portugues S.A.721DABAD
LH-USLabcorp Holdings Inc.723CAADC
GIL-CAGildan Activewear Inc.724BABDB
GET-FRGetlink SE725CACAD
PKG-USPackaging Corporation of America726BADCB
SOLV-USSolventum Corporation727BABCD
6861-JPKeyence Corporation728AADCC
4578-JPOtsuka Holdings Co., Ltd.729BADAC
BALD.B-SEFastighets AB Balder Class B730BADCB
3088-JPMatsukiyoCocokara & Co.731BDDAC
7203-JPToyota Motor Corp.733BADAD
6503-JPMitsubishi Electric Corp.732ADDBC
DRI-USDarden Restaurants, Inc.734DDBCB
6594-JPNidec Corporation735BDCBC
7974-JPNintendo Co., Ltd.736BDDCB
ABF-GBAssociated British Foods plc737DDBCC
ABN-NLABN AMRO Bank N.V. Depositary receipts738CABBD
STX-USSeagate Technology Holdings PLC739BADDA
7701-JPShimadzu Corporation740BADBC
VOLV.B-SEVolvo AB Class B741AADCC
JCI-USJohnson Controls International plc742BDBBD
TSN-USTyson Foods, Inc. Class A744BDCBC
DSCT-ILIsrael Discount Bank Limited Class A743BACCC
PSTG-USPure Storage, Inc. Class A747DADDA
ACS-ESACS, Actividades de Construccion y Servicios SA745BADBC
WRB-USW. R. Berkley Corporation746BADCB
3402-JPToray Industries, Inc.748BDDAD
TREL.B-SETrelleborg AB Class B749DACBC
3003-JPHulic Co., Ltd.750DADAC
ADDT.B-SEAddtech AB Class B751DACDA
NKE-USNIKE, Inc. Class B752BDDCA
1-HKCK Hutchison Holdings Ltd753CACAD
5803-JPFujikura Ltd754BADCB
7201-JPNissan Motor Co., Ltd.755BACCC
H78-SGHongkong Land Holdings Limited756DACAD
EFX-USEquifax Inc.757CABDC
1299-HKAIA Group Limited758AADCC
2413-JPM3, Inc.759DADBB
TUB-BEFinanciere de Tubize S.A.760BABBD
SJM-USJ.M. Smucker Company761BACBD
ACGL-USArch Capital Group Ltd.762DACBB
6920-JPLasertec Corp.763DDDCA
FBK-ITFinecoBank SpA764DABDA
8015-JPToyota Tsusho Corp.766BDDBC
9024-JPSeibu Holdings, Inc.766DADAC
9CI-SGCapitaLand Investment Limited765BABBD
CINF-USCincinnati Financial Corporation768BADCB
4612-JPNippon Paint Holdings Co., Ltd.769BADBD
8411-JPMizuho Financial Group, Inc.770AADBD
COIN-USCoinbase Global, Inc. Class A771CACDA
HOLM.B-SEHolmen AB Class B772BADAD
SPOT-USSpotify Technology SA773BADCB
8591-JPORIX Corporation774ADDBD
CSU-CAConstellation Software Inc.775DADCA
USB-USU.S. Bancorp776BACCC
GIVN-CHGivaudan SA777AADDB
MPWR-USMonolithic Power Systems, Inc.778CADDA
EFN-CAElement Fleet Management Corporation779BAADD
IFX-DEInfineon Technologies AG781BDBDB
EXR-USExtra Space Storage Inc.780DACBB
NICE-ILNICE Ltd.782DABBB
RBI-ATRaiffeisen Bank International AG783DACAC
U11-SGUnited Overseas Bank Limited784DACAC
DHI-USD.R. Horton, Inc.785DDBAD
KEYS-USKeysight Technologies Inc786BADDB
CPRT-USCopart, Inc.787CADDA
1801-JPTaisei Corporation788BADAD
UBER-USUber Technologies, Inc.789AACCD
ZAL-DEZalando SE790DACCB
EQIX-USEquinix, Inc.791AABDD
8830-JPSumitomo Realty & Development Co., Ltd.792BDDAD
BR-USBroadridge Financial Solutions, Inc.793BACDB
VRSN-USVeriSign, Inc.794DABCC
FGR-FREiffage SA795CACDB
ZS-USZscaler, Inc.796DADCA
ILMN-USIllumina, Inc.797DAACC
AV-GBAviva plc798BAADD
TRV-USTravelers Companies, Inc.799CABCC
G24-DEScout24 SE800DABCD
UCB-BEUCB S.A.801CACBC
MKS-GBMarks and Spencer Group plc802DDBDB
27-HKGalaxy Entertainment Group Limited803BADAD
RIVN-USRivian Automotive, Inc. Class A804DACCC
ATRL-CAAtkinsrealis Group Inc.805DAABD
SUN-AUSuncorp Group Limited807BDCBD
WSO-USWatsco, Inc.806BADCA
FIX-USComfort Systems USA, Inc.808CADDA
CHD-USChurch & Dwight Co., Inc.809CADCB
PNR-USPentair plc810CABDC
SE-USSea Limited Sponsored ADR Class A811DABBC
DGX-USQuest Diagnostics Incorporated812BACDB
TRMB-USTrimble Inc.813BACCC
CA-FRCarrefour SA814DACCB
CAE-CACAE Inc.815BDADD
9023-JPTokyo Metro Co Ltd816DABAD
HIG-USHartford Insurance Group, Inc.817DABBC
Q-USQnity Electronics, Inc.818BABBD
HBAN-CHHelvetia Baloise Holding AG819CABCD
6723-JPRenesas Electronics Corporation820CADCB
12-HKHenderson Land Development Co. Ltd.821CADAD
KRZ-IEKerry Group Plc Class A821DABCC
SKF.B-SESKF AB Class B823DADBB
7272-JPYamaha Motor Co., Ltd.824DADAC
WIX-USWix.com Ltd.825DADCA
PWR-USQuanta Services, Inc.826AACDC
8002-JPMarubeni Corporation827AADCC
7832-JPBandai Namco Holdings Inc.828DADBB
8802-JPMitsubishi Estate Company, Limited829BDDAD
NLY-USAnnaly Capital Management, Inc.830BABDC
LEG-DELEG Immobilien SE831AADDC
9021-JPWest Japan Railway Company832BADAD
BAER-CHJulius Baer Gruppe AG833DACCC
2502-JPAsahi Group Holdings Ltd834BADBC
INF-GBInforma Plc835CABCD
GRAB-USGrab Holdings Limited Class A836DACCC
9697-JPCapcom Co., Ltd.837DADBA
MCHP-USMicrochip Technology Incorporated838CDCCB
BURL-USBurlington Stores, Inc.839BDCDB
NIBE.B-SENIBE Industrier AB Class B840BACCC
8267-JPAEON Co., Ltd.841AADCC
FLEX-USFlex Ltd842CDBCD
HUBS-USHubSpot, Inc.843BADDB
ABI-BEAnheuser-Busch InBev SA/NV844DADAD
LVS-USLas Vegas Sands Corp.845DADAD
PTC-USPTC Inc.846BDBDC
IFF-USInternational Flavors & Fragrances Inc.847BABBD
FSV-CAFirstService Corp848BACCC
6762-JPTDK Corporation849BADCB
LDOS-USLeidos Holdings, Inc.850DABCC
SUI-USSun Communities, Inc.851BACBD
BOL-FRBollore SE852DACAD
LISN-CHChocoladefabriken Lindt & Spruengli AG853BADCB
ALFA-SEAlfa Laval AB854DADBB
SNPS-USSynopsys, Inc.855ADDDA
FOXA-USFox Corporation Class A856DACCC
DOV-USDover Corporation857BACDC
METSO-FIMetso Corporation858DACBD
BKR-USBaker Hughes Company Class A859AACDC
L-USLoews Corporation860BADAD
SSNC-USSS&C Technologies Holdings, Inc.861AADCC
RPM-USRPM International Inc.863BDDCB
ITW-USIllinois Tool Works Inc.862DADCA
CBK-DECommerzbank AG864DACAD
WST-USWest Pharmaceutical Services, Inc.865DACDA
BSY-USBentley Systems, Incorporated Class B866DADBA
6752-JPPanasonic Holdings Corporation867BDDCC
UHR-CHSwatch Group Ltd. Bearer868BABCD
SMIN-GBSmiths Group Plc869DDBCC
CAP-FRCapgemini SE870DACCB
9022-JPCentral Japan Railway Company871ADDBD
ARE-USAlexandria Real Estate Equities, Inc.872DABBD
7912-JPDai Nippon Printing Co., Ltd.873BDDAD
PAH3-DEPorsche Automobil Holding SE Pref874BABBD
AZRG-ILAzrieli Group Ltd.875DACAD
LUND.B-SEL E Lundbergforetagen AB Class B876BACBD
NOKIA-FINokia Oyj877BABDD
ESS-USEssex Property Trust, Inc.878DABCD
9602-JPToho Co., Ltd.879BADBC
1925-JPDaiwa House Industry Co., Ltd.880CDDAD
J-USJacobs Solutions Inc.881DDBBD
7936-JPAsics Corporation882DACCB
ZM-USZoom Communications, Inc. Class A884DDCCA
IP-USInternational Paper Company883BACDC
CTVA-USCorteva Inc885AABDD
MKC-USMcCormick & Company, Incorporated886BACDC
WDAY-USWorkday, Inc. Class A887DACDA
9766-JPKONAMI Group Corporation888DADBB
BDX-USBecton, Dickinson and Company891BDBDD
RDDT-USReddit, Inc. Class A889DABDC
SHOP-CAShopify, Inc. Class A890AACDD
WAT-USWaters Corporation891DACDA
PLD-USPrologis, Inc.893AADCD
JKHY-USJack Henry & Associates, Inc.895DADDA
F-USFord Motor Company894BADCC
4755-JPRakuten Group, Inc.896DADCB
6367-JPDAIKIN INDUSTRIES, LTD.897BADCC
OTEX-CAOpen Text Corporation898DDCAC
EMR-USEmerson Electric Co.899ADDDB
4502-JPTakeda Pharmaceutical Co. Ltd.902CDCBD
6383-JPDaifuku Co., Ltd.900BADCC
NTRS-USNorthern Trust Corporation901DADBC
6971-JPKyocera Corporation904CADAD
WBD-USWarner Bros. Discovery, Inc. Series A903CABDD
DOCU-USDocuSign, Inc.906DDCDA
DHER-DEDelivery Hero SE905BABCD
6361-JPEbara Corporation907BADDB
6326-JPKubota Corporation908BADAD
6479-JPMinebeaMitsumi Inc.909CDDBC
SPSN-CHSwiss Prime Site AG910CAADD
ALNY-USAlnylam Pharmaceuticals, Inc911BABDD
MAA-USMid-America Apartment Communities, Inc.912DAABD
DKS-USDick's Sporting Goods, Inc.913BDDDA
TEAM-USAtlassian Corp Class A914DACDA
4-HKWharf (Holdings) Ltd.915BADAD
MCO-USMoody's Corporation916CADDA
9843-JPNitori Holdings Co. Ltd.917DADBB
4307-JPNomura Research Institute,Ltd.918DDDBA
CLS-CACelestica Inc.919DABDC
EQR-USEquity Residential920DABCD
ALAB-USAstera Labs, Inc.921DACCC
COO-USCooper Companies, Inc.922CDBDD
CME-USCME Group Inc. Class A922AADDC
4901-JPFUJIFILM Holdings Corp925BDDCC
GMG-AUGoodman Group924BADDB
WAB-USWestinghouse Air Brake Technologies Corporation926AACDD
4661-JPOriental Land Co., Ltd.928CADBC
HOOD-USRobinhood Markets, Inc. Class A927BACDD
RKT-USRocket Companies, Inc. Class A929BADDB
GPN-USGlobal Payments Inc.930CAADD
7532-JPPan Pacific International Holdings Corporation931BDDBC
BSX-USBoston Scientific Corporation932BABDD
A17U-SGCapitaLand Ascendas REIT933CACCD
PCAR-USPACCAR Inc934BADDB
DSG-CADescartes Systems Group Inc.935BADDB
MKL-USMarkel Group Inc.936BADCB
9005-JPTOKYU CORPORATION939BDDAD
ADM-USArcher-Daniels-Midland Company937BABCD
BRO-USBrown & Brown, Inc.938BADCB
MDT-USMedtronic Plc940ADCDD
SOL-AUWashington H. Soul Pattinson and Company Limited941BADCD
6273-JPSMC Corporation942BDDBD
WELL-USWelltower Inc.943AACDD
CPAY-USCorpay, Inc.944DADDB
BG-USBunge Global SA945BAADD
TRU-USTransUnion946CABDD
TTWO-USTake-Two Interactive Software, Inc.948BACDC
SDZ-CHSandoz Group Ltd947DAADD
WDC-USWestern Digital Corporation950BDBCD
SBAC-USSBA Communications Corp. Class A949DADCB
PHOE-ILPhoenix Financial Ltd951DADBC
PINS-USPinterest, Inc. Class A952DABDC
DG-USDollar General Corporation953BDCDB
CBOE-USCboe Global Markets Inc954DABDC
1812-JPKajima Corporation955BADBD
RMD-USResMed Inc.959DACDB
BAX-USBaxter International Inc.956DAADC
OMC-USOmnicom Group Inc957CADDB
FLUT-USFlutter Entertainment Plc958DAADD
SIG-AUSigma Healthcare Ltd960DACCC
16-HKSun Hung Kai Properties Limited961CDDAD
ACM-USAECOM962DDBBC
9984-JPSoftBank Group Corp.963ADDBD
SCA.B-SESvenska Cellulosa AB SCA Class B964CACBD
UAL-USUnited Airlines Holdings, Inc.965BACDC
9020-JPEast Japan Railway Company967BDDBD
DXCM-USDexCom, Inc.966DADDB
8951-JPNippon Building Fund, Inc.968DABCD
ZBRA-USZebra Technologies Corporation Class A969DADDB
DASH-USDoorDash, Inc. Class A970AACCD
ROP-USRoper Technologies, Inc.971BACDD
DE-USDeere & Company972DDCCC
6701-JPNEC Corporation974BDDCC
SCHP-CHSchindler Holding Ltd. Pref973DADDA
1928-HKSands China Ltd.975DADAD
VRT-USVertiv Holdings Co. Class A976AADDD
5802-JPSumitomo Electric Industries, Ltd.977BDDCC
6954-JPFanuc Corporation978ADDCD
RBA-CARB Global, Inc.979DABDB
7186-JPYokohama Financial Group, Inc.980DACBD
ENTG-USEntegris, Inc.981DABDC
9042-JPHankyu Hanshin Holdings, Inc.982DDBBD
GRF-ESGrifols, S.A. Class A983BADBD
8473-JPSBI Holdings Incorporated984CADDB
8053-JPSumitomo Corporation985BADBD
9735-JPSecom Co., Ltd.986DDDBB
SOFI-USSoFi Technologies Inc987DAADD
AVB-USAvalonBay Communities, Inc.988DACCD
IONQ-USIonQ, Inc.989DACDC
AKZA-NLAkzo Nobel N.V.990CABDD
STN-CAStantec Inc991DACDC
COF-USCapital One Financial Corp992BADDC
QGEN-USQIAGEN NV993DABDC
9201-JPJapan Airlines Co., Ltd.995BADBD
7911-JPTOPPAN Holdings Inc.996DDDAD
C6L-SGSingapore Airlines Ltd.994DADBC
RCL-USRoyal Caribbean Group997BADCD
BXP-USBXP Inc998DACCD
LISP-CHChocoladefabriken Lindt & Spruengli AG Partizipsch.999BADDB
A-USAgilent Technologies, Inc.1000DADDB
INVH-USInvitation Homes, Inc.1001DABCD
NBIS-USNebius Group N.V. Class A1002BADDC
PLTR-USPalantir Technologies Inc. Class A1003AADDD
CSGP-USCoStar Group, Inc.1004DABDD
8750-JPDai-ichi Life Holdings,Inc.1005CDDBD
ALC-CHAlcon AG1006BACDD
MNDY-USmonday.com Ltd.1007BADCD
AMH-USAmerican Homes 4 Rent Class A1008DACBD
6586-JPMakita Corporation1009DDDAD
EL-USEstee Lauder Companies Inc. Class A1010DDDDB
O-USRealty Income Corporation1011BACDD
CNC-USCentene Corporation1012BACDC
NFLX-USNetflix, Inc.1013AADDD
8308-JPResona Holdings, Inc.1014CADCD
8331-JPChiba Bank, Ltd.1015DADAD
8309-JPSumitomo Mitsui Trust Group, Inc.1016DACAD
7012-JPKawasaki Heavy Industries Ltd.1017BADCD
ENT-GBEntain PLC1018DABDC
IFT-NZInfratil Limited1019DDBDD
KIM-USKimco Realty Corporation1020DADBD
BE-USBloom Energy Corporation Class A1021BACCD
CPR-ITDavide Campari-Milano N.V.1022DADBD
AIA-NZAuckland International Airport Limited1023DDADD
7013-JPIHI Corporation1024BDDCC
OKLO-USOklo Inc. Class A1025BACCD
TW-USTradeweb Markets, Inc. Class A1026BACDD
BIIB-USBiogen Inc.1027DACDB
STE-USSTERIS plc1028CDDDC
TOST-USToast, Inc. Class A1029BACDD
ALO-FRAlstom SA1030CDCCD
6504-JPFuji Electric Co., Ltd.1031BDDDC
AGS-BEageas SA/NV1032DACDC
III-GB3i Group plc1033BDCDD
PODD-USInsulet Corporation1034DABDD
NVMI-USNova Ltd.1035DADDB
FSLR-USFirst Solar, Inc.1036BADDD
MRK-DEMerck KGaA1037BADDC
7011-JPMitsubishi Heavy Industries, Ltd.1038BDDCC
H-USHyatt Hotels Corporation Class A1039BADCD
ZBH-USZimmer Biomet Holdings, Inc.1040BACDD
REG-USRegency Centers Corporation1041DACCD
8136-JPSanrio Co. Ltd.1042DADCC
BEIJ.B-SEBeijer Ref AB Class B1043DADCD
WSP-CAWSP Global Inc1044CADDC
TWLO-USTwilio, Inc. Class A1045DABCD
HBAN-USHuntington Bancshares Incorporated1046BADDD
DLR-USDigital Realty Trust, Inc.1047BACDD
4911-JPShiseido Company,Limited1048DADCC
DDOG-USDatadog, Inc. Class A1049DADDB
8801-JPMitsui Fudosan Co., Ltd.1050CDDCD
CIEN-USCiena Corporation1051DACDC
FG-USF&G Annuities & Life Inc1052DADDB
QSR-USRestaurant Brands International, Inc.1053DABDD
9202-JPANA Holdings Inc.1054DADBD
FUTU-USFutu Holdings Ltd. Sponsored ADR Class A1055DADDB
SNOW-USSnowflake, Inc.1057CADDD
FFH-CAFairfax Financial Holdings Limited1056DADDB
AJG-USArthur J. Gallagher & Co.1058CADDC
SGP-AUStockland1059DDCCD
BN-CABrookfield Corporation1060BADCD
ARES-USAres Management Corporation1061DADDB
XYZ-USBlock, Inc. Class A1062DADCD
BAYN-DEBayer AG1063BACDD
DKNG-USDraftKings, Inc. Class A1064DADDC
VNA-DEVonovia SE1065CADDD
SMCI-USSuper Micro Computer, Inc.1067DADCD
SNAP-USSnap, Inc. Class A1066DACCD
X-CATMX Group Ltd.1068DACDD
CRDO-USCredo Technology Group Holding Ltd.1069DADDD
INSM-USInsmed Incorporated1070CACDD
IBKR-USInteractive Brokers Group, Inc. Class A1071DADDB
NWSA-USNews Corporation Class A1072BADDD
UDR-USUDR, Inc.1073BADDD
TYL-USTyler Technologies, Inc.1074DADDB
TEVA-USTeva Pharmaceutical Industries Limited Sponsored ADR1075DACDD
SATS-USEchoStar Corporation Class A1076DADCD
83-HKSino Land Co. Ltd.1077DDDBD
ARGX-BEargenx SE1078BADDD
GLW-USCorning Inc1079DADDC
MDB-USMongoDB, Inc. Class A1080DACDD
CYBR-USCyberArk Software Ltd.1081DADDD
CVS-USCVS Health Corporation1082DADDD
NTRA-USNatera, Inc.1083DACDD
CVNA-USCarvana Co. Class A1084DADDD
Z-USZillow Group, Inc. Class C1085DADCD
FWONK-USLiberty Media Corporation Series C Liberty Formula One1086CADDD
VTR-USVentas, Inc.1087DACDD
AFRM-USAffirm Holdings, Inc. Class A1088DACDD
NET-USCloudflare Inc Class A1089DADDD
OKTA-USOkta, Inc. Class A1090DDDDD
MSTR-USStrategy Inc Class A1091CADDD
Randall_Team_M

“We decided to build our own ESG approach rather than license one from a third party. Though it was a significant undertaking, we are quite proud of what we’ve created because it resulted in an methodology that marries common sense with robust systematic ranking.”

Randall Abramson, CFA

CEO, Portfolio Manager

We built our ESG approach from the ground up

FULL CONTROL

Most investment managers outsource their ESG process. While a cost effective route, outsourcing means giving up control. With many ESG vendors and ESG ETFs coming under scrutiny recently for their ESG approaches, we decided to build our own process.  We have complete control, full transparency, and have the ability to continuously improve our strategy in ways that make sense to us.

EMBEDDED FINANCAL METRICS

Most ESG approaches do not embed any financial metrics into their ranking process. Our proprietary Virtuous Cycle ScoreTM identifies companies with high profitability. These businesses have the resources and staying power to create lasting change.

A SMARTER APPROACH TO EXCLUSIONS

ESG approaches usually have broad and rigid exclusion rules. For example, all companies from industries like Oil & Gas are typically excluded from the investment universe. While our ranking approach excludes companies from industries that are associated with controversial or environmentally harmful activities, we may include companies from these industries in our portfolios should they demonstrate substantial commitments to reducing their carbon footprint, reduction of controversial or environmentally harmful activities, or other clearly articulated material changes to products and/or services. Our approach rewards companies that are making wholesale changes; often these initiatives result in the largest net reductions in emissions or carbon footprint.

PROPRIETARY METRICS

With over 20 years of financial innovation, we have a deep understanding and history of integrating systematic methodologies and ranking systems into our investment approach.

Learn more about our commitment to sustainability