# EDGAR Filing Document

**Accession Number:** 0000035341
**File Stem:** 0000035402-25-003015
**Filing Date:** 2025-12
**Character Count:** 78632
**Document Hash:** dcc272d89745532cad733c69017b0517
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-003015.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000035402-25-003015

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY DEVONSHIRE TRUST
- **CENTRAL INDEX KEY:** 0000035341

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01352
- **FILM NUMBER:** 251599998

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY EQUITY INCOME FUND INC
- **DATE OF NAME CHANGE:** 19870304

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EVEREST FUND INC
- **DATE OF NAME CHANGE:** 19751117

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EVEREST INCOME FUND INC
- **DATE OF NAME CHANGE:** 19690420

## Series and Classes Contracts Data

### Fidelity Series Stock Selector Large Cap Value Fund (Series ID: S000039218)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000120653 | Fidelity Series Stock Selector Large Cap Value Fund | FBLEX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Series Stock Selector Large Cap Value Fund**

**October 31, 2025**

LDT-NPRT3-1225

1.950977.112 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 94.3%** | &nbsp;&nbsp;**Common Stocks - 94.3%** | &nbsp;&nbsp;**Common Stocks - 94.3%** |
|  | Shares | Value ($)<br>|
| CANADA - 0.7%  |  |  |
| Energy - 0.7% |  |  |
| Oil, Gas & Consumable Fuels - 0.7% |  |  |
| Imperial Oil Ltd (a) | 1131000 | 100032477 |
| FRANCE - 1.5%  |  |  |
| Financials - 0.3% |  |  |
| Banks - 0.3% |  |  |
| BNP Paribas SA  | 523897 | 40580020 |
| Information Technology - 1.2% |  |  |
| IT Services - 1.2% |  |  |
| Capgemini SE  | 1158607 | 178246410 |
| TOTAL FRANCE |  | 218826430 |
| PORTUGAL - 0.4%  |  |  |
| Energy - 0.4% |  |  |
| Oil, Gas & Consumable Fuels - 0.4% |  |  |
| Galp Energia SGPS SA  | 2558000 | 51288787 |
| TAIWAN - 0.5%  |  |  |
| Information Technology - 0.5% |  |  |
| Semiconductors & Semiconductor Equipment - 0.5% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd ADR  | 235847 | 70855514 |
| UNITED KINGDOM - 0.0%  |  |  |
| Consumer Staples - 0.0% |  |  |
| Tobacco - 0.0% |  |  |
| British American Tobacco PLC ADR  | 274900 | 14072131 |
| UNITED STATES - 91.2%  |  |  |
| Communication Services - 7.7% |  |  |
| Diversified Telecommunication Services - 1.2% |  |  |
| Verizon Communications Inc  | 4295321 | 170696057 |
| Entertainment - 0.3% |  |  |
| Walt Disney Co/The  | 423580 | 47703579 |
| Interactive Media & Services - 4.0% |  |  |
| Alphabet Inc Class A  | 2006272 | 564143624 |
| Meta Platforms Inc Class A  | 34445 | 22332415 |
|  |  | 586476039 |
| Media - 1.1% |  |  |
| Charter Communications Inc Class A (a)(b) | 174900 | 40898616 |
| Comcast Corp Class A  | 3033352 | 84433353 |
| Omnicom Group Inc (a) | 497851 | 37348782 |
|  |  | 162680751 |
| Wireless Telecommunication Services - 1.1% |  |  |
| T-Mobile US Inc  | 757034 | 159014992 |
| TOTAL COMMUNICATION SERVICES |  | 1126571418 |
| Consumer Discretionary - 7.8% |  |  |
| Automobile Components - 0.2% |  |  |
| Aptiv PLC  | 595100 | 48262610 |
| Automobiles - 0.5% |  |  |
| General Motors Co  | 986200 | 68136558 |
| Broadline Retail - 2.7% |  |  |
| Amazon.com Inc (b) | 1584493 | 386964880 |
| Hotels, Restaurants & Leisure - 1.4% |  |  |
| Hilton Worldwide Holdings Inc  | 241500 | 62055840 |
| McDonald's Corp  | 481100 | 143574673 |
|  |  | 205630513 |
| Household Durables - 0.6% |  |  |
| Somnigroup International Inc  | 1072700 | 85108018 |
| Specialty Retail - 2.4% |  |  |
| Dick's Sporting Goods Inc  | 386500 | 85590425 |
| Lowe's Cos Inc  | 821700 | 195671421 |
| Williams-Sonoma Inc  | 330400 | 64209936 |
|  |  | 345471782 |
| TOTAL CONSUMER DISCRETIONARY |  | 1139574361 |
| Consumer Staples - 6.3% |  |  |
| Beverages - 1.7% |  |  |
| Coca-Cola Co/The  | 1684956 | 116093468 |
| Constellation Brands Inc Class A  | 148481 | 19507434 |
| Keurig Dr Pepper Inc  | 1575900 | 42801444 |
| PepsiCo Inc  | 477823 | 69805162 |
| Primo Brands Corp Class A  | 190300 | 4180891 |
|  |  | 252388399 |
| Consumer Staples Distribution & Retail - 1.8% |  |  |
| Kroger Co/The  | 395929 | 25192962 |
| Performance Food Group Co (b) | 61000 | 5901140 |
| Target Corp  | 180225 | 16710462 |
| US Foods Holding Corp (b) | 384481 | 27921011 |
| Walmart Inc  | 1831308 | 185291744 |
|  |  | 261017319 |
| Food Products - 0.5% |  |  |
| Darling Ingredients Inc (b) | 622575 | 19953529 |
| Freshpet Inc (b) | 112117 | 5517278 |
| Kraft Heinz Co/The  | 40700 | 1006510 |
| Lamb Weston Holdings Inc  | 69328 | 4279617 |
| Mondelez International Inc  | 646012 | 37119850 |
| Tyson Foods Inc Class A  | 50200 | 2580782 |
|  |  | 70457566 |
| Household Products - 1.4% |  |  |
| Kimberly-Clark Corp  | 22000 | 2633620 |
| Procter & Gamble Co/The  | 1384085 | 208124861 |
|  |  | 210758481 |
| Personal Care Products - 0.2% |  |  |
| Estee Lauder Cos Inc/The Class A  | 120387 | 11640219 |
| Kenvue Inc  | 1271045 | 18264917 |
|  |  | 29905136 |
| Tobacco - 0.7% |  |  |
| Philip Morris International Inc  | 694003 | 100165453 |
| TOTAL CONSUMER STAPLES |  | 924692354 |
| Energy - 5.0% |  |  |
| Oil, Gas & Consumable Fuels - 5.0% |  |  |
| Cheniere Energy Inc  | 195081 | 41357172 |
| Core Natural Resources Inc  | 782467 | 61814893 |
| Exxon Mobil Corp  | 3084800 | 352777728 |
| Phillips 66  | 851600 | 115936824 |
| Shell PLC ADR  | 1332700 | 99845884 |
| Targa Resources Corp  | 390100 | 60091004 |
|  |  | 731823505 |
| Financials - 20.4% |  |  |
| Banks - 8.9% |  |  |
| Bank of America Corp  | 6301606 | 336820841 |
| Citigroup Inc  | 1397200 | 141438556 |
| Comerica Inc  | 836409 | 63985289 |
| First Horizon Corp  | 3442958 | 73541583 |
| JPMorgan Chase & Co  | 547764 | 170420336 |
| KeyCorp  | 2149414 | 37808192 |
| US Bancorp  | 4347722 | 202951663 |
| Wells Fargo & Co  | 3022897 | 262901352 |
|  |  | 1289867812 |
| Capital Markets - 6.2% |  |  |
| Bank of New York Mellon Corp/The  | 1664966 | 179699780 |
| Blackrock Inc  | 154411 | 167197775 |
| Charles Schwab Corp/The  | 1617800 | 152914456 |
| Coinbase Global Inc Class A (b) | 45700 | 15710746 |
| Goldman Sachs Group Inc/The  | 164800 | 130088176 |
| Intercontinental Exchange Inc  | 770077 | 112654564 |
| MarketAxess Holdings Inc  | 370460 | 59295828 |
| State Street Corp  | 701059 | 81084484 |
|  |  | 898645809 |
| Consumer Finance - 0.2% |  |  |
| SLM Corp  | 1464100 | 39311085 |
| Financial Services - 1.2% |  |  |
| Affirm Holdings Inc Class A (b) | 298201 | 21434688 |
| Apollo Global Management Inc  | 484138 | 60183195 |
| Berkshire Hathaway Inc Class B (b) | 151149 | 72179693 |
| Block Inc Class A (b) | 422284 | 32068247 |
|  |  | 185865823 |
| Insurance - 3.9% |  |  |
| American Financial Group Inc/OH  | 233798 | 30786521 |
| Arthur J Gallagher & Co  | 415053 | 103551573 |
| Chubb Ltd  | 589833 | 163348351 |
| Hartford Insurance Group Inc/The  | 1477365 | 183459186 |
| Travelers Companies Inc/The  | 301865 | 81086976 |
|  |  | 562232607 |
| TOTAL FINANCIALS |  | 2975923136 |
| Health Care - 11.0% |  |  |
| Biotechnology - 0.6% |  |  |
| Gilead Sciences Inc  | 467500 | 56001825 |
| Insmed Inc (b) | 37200 | 7053120 |
| Regeneron Pharmaceuticals Inc  | 47500 | 30960500 |
|  |  | 94015445 |
| Health Care Equipment & Supplies - 2.2% |  |  |
| Abbott Laboratories  | 1076900 | 133126378 |
| Becton Dickinson & Co  | 90000 | 16083900 |
| Boston Scientific Corp (b) | 917100 | 92370312 |
| Edwards Lifesciences Corp (b) | 201000 | 16572450 |
| Solventum Corp (b) | 130200 | 8989008 |
| Stryker Corp  | 158500 | 56464040 |
|  |  | 323606088 |
| Health Care Providers & Services - 3.9% |  |  |
| Cencora Inc  | 366300 | 123739803 |
| Centene Corp (b) | 233559 | 8260981 |
| Cigna Group/The  | 126700 | 30966747 |
| CVS Health Corp  | 1495000 | 116834250 |
| Elevance Health Inc  | 48400 | 15352480 |
| HCA Healthcare Inc  | 68900 | 31671952 |
| Humana Inc  | 64550 | 17957165 |
| Quest Diagnostics Inc  | 249367 | 43876124 |
| Tenet Healthcare Corp (b) | 43500 | 8982315 |
| UnitedHealth Group Inc  | 462900 | 158108124 |
|  |  | 555749941 |
| Life Sciences Tools & Services - 1.5% |  |  |
| Danaher Corp  | 268700 | 57872606 |
| Mettler-Toledo International Inc (b) | 9800 | 13879642 |
| Thermo Fisher Scientific Inc  | 260400 | 147748356 |
|  |  | 219500604 |
| Pharmaceuticals - 2.8% |  |  |
| Johnson & Johnson  | 1322506 | 249781708 |
| Merck & Co Inc  | 1612100 | 138608358 |
| Pfizer Inc  | 664800 | 16387320 |
|  |  | 404777386 |
| TOTAL HEALTH CARE |  | 1597649464 |
| Industrials - 12.4% |  |  |
| Aerospace & Defense - 2.3% |  |  |
| Boeing Co (b) | 1173215 | 235839680 |
| Northrop Grumman Corp  | 89456 | 52193103 |
| RTX Corp  | 276992 | 49443072 |
|  |  | 337475855 |
| Air Freight & Logistics - 0.9% |  |  |
| FedEx Corp  | 526689 | 133684202 |
| Construction & Engineering - 1.4% |  |  |
| EMCOR Group Inc  | 299900 | 202666422 |
| Ground Transportation - 2.5% |  |  |
| CSX Corp  | 4643200 | 167248064 |
| Knight-Swift Transportation Holdings Inc  | 1690800 | 76288896 |
| U-Haul Holding Co Class N  | 2346400 | 113776936 |
|  |  | 357313896 |
| Industrial Conglomerates - 0.5% |  |  |
| 3M Co  | 402116 | 66952314 |
| Machinery - 4.8% |  |  |
| Allison Transmission Holdings Inc  | 52053 | 4296975 |
| Caterpillar Inc  | 129900 | 74986074 |
| Cummins Inc  | 509000 | 222779120 |
| Deere & Co  | 68400 | 31575492 |
| Parker-Hannifin Corp  | 205657 | 158937899 |
| Westinghouse Air Brake Technologies Corp  | 1018059 | 208131982 |
|  |  | 700707542 |
| TOTAL INDUSTRIALS |  | 1798800231 |
| Information Technology - 9.0% |  |  |
| Communications Equipment - 0.6% |  |  |
| Cisco Systems Inc  | 1109818 | 81138794 |
| Electronic Equipment, Instruments & Components - 0.3% |  |  |
| Vontier Corp  | 1099995 | 42349807 |
| IT Services - 2.2% |  |  |
| Accenture PLC Class A  | 518500 | 129676850 |
| Amdocs Ltd  | 1364954 | 115011024 |
| Twilio Inc Class A (b) | 578600 | 78041568 |
|  |  | 322729442 |
| Semiconductors & Semiconductor Equipment - 1.6% |  |  |
| Marvell Technology Inc  | 1041649 | 97644177 |
| QUALCOMM Inc  | 728292 | 131748023 |
|  |  | 229392200 |
| Software - 3.5% |  |  |
| Dropbox Inc Class A (b) | 3664134 | 106259886 |
| Gen Digital Inc  | 3108248 | 81933417 |
| Salesforce Inc  | 830041 | 216150977 |
| Zoom Communications Inc Class A (b) | 1232543 | 107514726 |
|  |  | 511859006 |
| Technology Hardware, Storage & Peripherals - 0.8% |  |  |
| Western Digital Corp  | 775047 | 116419810 |
| TOTAL INFORMATION TECHNOLOGY |  | 1303889059 |
| Materials - 3.2% |  |  |
| Chemicals - 1.0% |  |  |
| Corteva Inc  | 1586600 | 97480704 |
| Mosaic Co/The  | 1833400 | 50326830 |
|  |  | 147807534 |
| Construction Materials - 1.0% |  |  |
| CRH PLC  | 1165900 | 138858690 |
| Containers & Packaging - 0.9% |  |  |
| O-I Glass Inc (b) | 3988465 | 45029770 |
| Smurfit WestRock PLC  | 2367462 | 87406697 |
|  |  | 132436467 |
| Metals & Mining - 0.3% |  |  |
| Reliance Inc  | 145000 | 40952350 |
| TOTAL MATERIALS |  | 460055041 |
| Real Estate - 3.9% |  |  |
| Health Care REITs - 0.7% |  |  |
| Welltower Inc  | 597300 | 108135192 |
| Industrial REITs - 0.4% |  |  |
| Prologis Inc  | 477163 | 59211157 |
| Office REITs - 0.2% |  |  |
| Kilroy Realty Corp  | 823600 | 34797099 |
| Real Estate Management & Development - 0.3% |  |  |
| CBRE Group Inc Class A (b) | 303400 | 46247262 |
| CoStar Group Inc (b) | 56100 | 3860241 |
|  |  | 50107503 |
| Residential REITs - 0.7% |  |  |
| Invitation Homes Inc  | 2128500 | 59917275 |
| Mid-America Apartment Communities Inc  | 160400 | 20568092 |
| Sun Communities Inc  | 183400 | 23218440 |
|  |  | 103703807 |
| Retail REITs - 0.3% |  |  |
| Curbline Properties Corp  | 699998 | 16141954 |
| NNN REIT Inc  | 647400 | 26193804 |
|  |  | 42335758 |
| Specialized REITs - 1.3% |  |  |
| American Tower Corp  | 255200 | 45675696 |
| CubeSmart  | 964800 | 36344016 |
| Equinix Inc  | 73850 | 62477839 |
| Public Storage Operating Co  | 85200 | 23733312 |
|  |  | 168230863 |
| TOTAL REAL ESTATE |  | 566521379 |
| Utilities - 4.5% |  |  |
| Electric Utilities - 2.7% |  |  |
| Constellation Energy Corp  | 283433 | 106854241 |
| Evergy Inc  | 1030500 | 79152705 |
| Eversource Energy  | 1490300 | 109999043 |
| PG&E Corp  | 6491548 | 103605106 |
|  |  | 399611095 |
| Independent Power and Renewable Electricity Producers - 0.8% |  |  |
| AES Corp/The  | 4227800 | 58639586 |
| Vistra Corp  | 330000 | 62139000 |
|  |  | 120778586 |
| Multi-Utilities - 1.0% |  |  |
| Sempra  | 1524700 | 140180918 |
| TOTAL UTILITIES |  | 660570599 |
| TOTAL UNITED STATES |  | 13286070547 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $10,838,059,148) |  | <br> **13741145886** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Domestic Equity Funds - 2.0%** | &nbsp;&nbsp;**Domestic Equity Funds - 2.0%** | &nbsp;&nbsp;**Domestic Equity Funds - 2.0%** |
|  | Shares | Value ($)<br>|
| iShares Russell 1000 Value ETF (a)<br>(Cost $281,165,355)<br>| 1415700 | **289609749** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 2.1%** | &nbsp;&nbsp;**Money Market Funds - 2.1%** | &nbsp;&nbsp;**Money Market Funds - 2.1%** | &nbsp;&nbsp;**Money Market Funds - 2.1%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (c) | 4.18 | 254919219 | 254970203 |
| Fidelity Securities Lending Cash Central Fund (c)(d) | 4.18 | 51266873 | 51272000 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $306,241,342) |  |  | **306242203** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 98.4%**<br> (Cost $11,425,465,845)<br>| <br>**14336997838** |
| **NET OTHER ASSETS (LIABILITIES) - 1.6%**  | **227923406** |
| **NET ASSETS - 100.0%** | **14564921244** |

---

**Security Type Abbreviations**

ETF - EXCHANGE-TRADED FUND

**Legend**

(a) Security or a portion of the security is on loan at period end.

(b) Non-income producing.

(c) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(d) Investment made with cash collateral received from securities on loan.

At period end, the value of non-cash collateral for securities on loan amounted to $74,521,372.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 162815033 | 2388241126 | 2296086201 | 8227778 | 245 | - | 254970203 | 254919219 | 0.5% |
| Fidelity Securities Lending Cash Central Fund | 55457250 | 1672285280 | 1676470530 | 111942 | - | - | 51272000 | 51266873 | 0.2% |
| Total | 218272283 | 4060526406 | 3972556731 | 8339720 | 245 | - | 306242203 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) are valued at their last sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs and ETNs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs and ETNs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

Commodity Risk - Commodity Risk is the risk that the value of a commodity will fluctuate as a result of changes in market prices.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Fidelity Devonshire Trust

- **b. Investment Company Act file number:** 811-01352

- **c. CIK number of Registrant:** 0000035341

- **d. LEI of Registrant:** 2YVQGEKVQ2H3HLS69325

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** Fidelity Series Stock Selector Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000039218

- **c. LEI of Series:** 549300ONZNOHYHHP0A65

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $14369157035.33

**Total Liabilities:** $64146382.00

**Net Assets:** $14305010653.33

**Cash Not Reported:** $1332423.15

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000120653 | 3.23%                | 1.29%                | 0.67%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $53820438.17             | $355000163.47                              |
| Month 2  | $87006178.35             | $64881261.87                               |
| Month 3  | $63585196.17             | $12968362.27                               |

### Schedule of Portfolio Investments

| Name                                                | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SOMNIGROUP INTERNATIONAL INC                        | SOMNIGROUP INTERNATIONAL INC                  | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |   1072700 | NS      | $85108018.00  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS CO                                   | GENERAL MOTORS CO                             | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    986200 | NS      | $68136558.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER COMMUNICATIONS INC                          | CHARTER COMMUNICATIONS INC A                  | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    174900 | NS      | $40898616.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| EQUINIX INC                                         | EQUINIX INC                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     73850 | NS      | $62477838.50  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC                        | THERMO FISHER SCIENTIFIC INC                  | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    260400 | NS      | $147748356.00 | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AES CORP                                            | AES CORP                                      | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |   4227800 | NS      | $58639586.00  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                                   | STATE STREET CORP                             | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    701059 | NS      | $81084483.94  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMB WESTON HOLDINGS INC                            | LAMB WESTON HOLDINGS INC                      | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     69328 | NS      | $4279617.44   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                         | PHILLIPS 66                                   | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |    851600 | NS      | $115936824.00 | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNICOM GROUP INC                                   | OMNICOM GROUP INC                             | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |    497851 | NS      | $37348782.02  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| PROCTER and GAMBLE CO                               | PROCTER and GAMBLE CO                         | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |   1384085 | NS      | $208124861.45 | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                                            | CSX CORP                                      | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |   4643200 | NS      | $167248064.00 | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE TECH CORP                    | WESTINGHOUSE AIR BRAKE TECH CORP              | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |   1018059 | NS      | $208131981.96 | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INC                               | QUEST DIAGNOSTICS INC                         | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |    249367 | NS      | $43876123.65  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                           | SHELL PLC SPONS ADR                           | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1332700 | NS      | $99845884.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| DROPBOX INC                                         | DROPBOX INC CL A                              | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |   3664134 | NS      | $106259886.00 | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                                     | T-MOBILE US INC                               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    757034 | NS      | $159014991.70 | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS INC                            | CONSTELLATION BRANDS INC CL A                 | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    148481 | NS      | $19507433.78  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                      | AMAZON.COM INC                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1598893 | NS      | $390481648.46 | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORP                                        | STRYKER CORP                                  | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    158500 | NS      | $56464040.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                                       | WELLTOWER INC                                 | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |    597300 | NS      | $108135192.00 | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Name : iShares Ultra Short-Term Bond Active ETF | iShares Russell 1000 Value ETF                | CUSIP: 464287598<br>LEI: 549300G3FWQPUM47D181 | Long             | EC               | RF                | US        |   1415700 | NS      | $289609749.00 | 2.02%             |  |  |  | No            |                  1 | On Loan: —       |
| BNP PARIBAS                                         | BNP PARIBAS                                   | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |    523897 | NS      | $40580020.16  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| AFFIRM HOLDINGS INC                                 | AFFIRM HOLDINGS INC                           | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    298201 | NS      | $21434687.88  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                                       | ACCENTURE PLC CL A                            | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |    503300 | NS      | $125875330.00 | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERSOURCE ENERGY                                   | EVERSOURCE ENERGY                             | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |   1490300 | NS      | $109999043.00 | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                       | GOLDMAN SACHS GROUP INC                       | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    164800 | NS      | $130088176.00 | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP DEL                                      | US BANCORP DEL                                | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |   4347722 | NS      | $202951662.96 | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M CO                                               | 3M CO                                         | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |    402116 | NS      | $66952314.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC                                 | SUN COMMUNITIES INC - REIT                    | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |    183400 | NS      | $23218440.00  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY-CLARK CORP                                 | KIMBERLY CLARK CORP                           | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     22000 | NS      | $2633620.00   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENERON PHARMACEUTICALS INC                       | REGENERON PHARMACEUTICALS INC                 | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     47500 | NS      | $30960500.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                                  | META PLATFORMS INC CL A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     34445 | NS      | $22332415.75  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC                       | APOLLO GLOBAL MANAGEMENT INC                  | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    484138 | NS      | $60183194.78  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC                                      | CBRE GROUP INC - CL A                         | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |    303400 | NS      | $46247262.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT INC                                        | NNN REIT INC                                  | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |    647400 | NS      | $26193804.00  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS INC                                     | TYSON FOODS INC CL A                          | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     50200 | NS      | $2580782.00   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB CHARLES CORP                                 | SCHWAB CHARLES CORP                           | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   1617800 | NS      | $152914456.00 | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                                           | CHUBB LTD                                     | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |    589833 | NS      | $163348351.02 | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE and CO                                        | DEERE and CO                                  | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     68400 | NS      | $31575492.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CUBESMART                                           | CUBESMART                                     | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    964800 | NS      | $36344016.00  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK NEW YORK MELLON CORP                           | BANK OF NEW YORK MELLON CORP                  | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |   1664966 | NS      | $179699780.38 | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE INC                                  | HCA HEALTHCARE INC                            | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |     68900 | NS      | $31671952.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC                        | BRITISH AMERICAN TOB PLC ADR                  | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    274900 | NS      | $14072131.00  | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DARLING INGREDIENTS INC                             | DARLING INGREDIENTS INC                       | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    622575 | NS      | $19953528.75  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| COMERICA INC                                        | COMERICA INC                                  | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |    836409 | NS      | $63985288.50  | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| MERCK and CO INC                                    | MERCK and CO INC NEW                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |   1612100 | NS      | $138608358.00 | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I GLASS INC                                       | O-I GLASS INC                                 | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3988465 | NS      | $45029769.85  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| RELIANCE INC                                        | RELIANCE INC                                  | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |    145000 | NS      | $40952350.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                      | PUBLIC STORAGE                                | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |     85200 | NS      | $23733312.00  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                                              | SEMPRA                                        | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |   1524700 | NS      | $140180918.00 | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP                                | WESTERN DIGITAL CORP                          | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    808047 | NS      | $121376739.87 | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP (THE)                                   | CIGNA GROUP (THE)                             | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    126700 | NS      | $30966747.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWES COS INC                                       | LOWES COS INC                                 | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    821700 | NS      | $195671421.00 | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| DICKS SPORTING GOODS INC                            | DICKS SPORTING GOODS INC                      | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |    386500 | NS      | $85590425.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPGEMINI SA                                        | CAPGEMINI SA (FF40)                           | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |   1158607 | NS      | $178246410.04 | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| VONTIER CORP                                        | VONTIER CORP W/I                              | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |   1099995 | NS      | $42349807.50  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC/THE                    | HARTFORD INSURANCE GROUP INC/THE              | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |   1477365 | NS      | $183459185.70 | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PERFORMANCE FOOD GROUP CO                           | PERFORMANCE FOOD GROUP CO                     | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     61000 | NS      | $5901140.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORP                                            | RTX CORP                                      | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    276992 | NS      | $49443072.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| U-HAUL HOLDING CO                                   | U-HAUL HOLDING CO                             | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |   2346400 | NS      | $113776936.00 | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                                         | CUMMINS INC                                   | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |    509000 | NS      | $222779120.00 | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CORTEVA INC                                         | CORTEVA INC                                   | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |   1586600 | NS      | $97480704.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC                                          | PFIZER INC                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    664800 | NS      | $16387320.00  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PG and E CORP                                       | PG and E CORP                                 | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |   6491548 | NS      | $103605106.08 | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORP                                         | TARGET CORP                                   | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |    180225 | NS      | $16710462.00  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLVENTUM CORP                                      | SOLVENTUM CORP                                | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |    130200 | NS      | $8989008.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KILROY REALTY CORP                                  | KILROY REALTY CORP                            | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |    823600 | NS      | $34797100.00  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MARVELL TECHNOLOGY INC                              | MARVELL TECHNOLOGY INC                        | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1041649 | NS      | $97644177.26  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC                                 | ELEVANCE HEALTH INC                           | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     48400 | NS      | $15352480.00  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                                         | WALMART INC                                   | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   1831308 | NS      | $185291743.44 | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKETAXESS HOLDINGS INC                            | MARKETAXESS HLDGS INC                         | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |    370460 | NS      | $59295827.60  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP                                            | SLM CORP                                      | CUSIP: 78442P106<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | EC               | CORP              | US        |   1464100 | NS      | $39311085.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| LAUDER ESTEE COS INC                                | ESTEE LAUDER COS INC CL A                     | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |    120387 | NS      | $11640219.03  | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC                          | MONDELEZ INTL INC                             | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    646012 | NS      | $37119849.52  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC                                | KEURIG DR PEPPER INC                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |   1575900 | NS      | $42801444.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORP                                | PARKER HANNIFIN CORP                          | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |    205657 | NS      | $158937899.31 | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                                       | BLACKROCK INC                                 | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |    154411 | NS      | $167197774.91 | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO                        | ARTHUR J GALLAGHAR AND CO                     | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |    415053 | NS      | $103551572.97 | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC                                           | APTIV PLC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JE        |    595100 | NS      | $48262610.00  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                             | KEYCORP                                       | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |   2149414 | NS      | $37808192.26  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP                              | BOSTON SCIENTIFIC CORP                        | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    917100 | NS      | $92370312.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC            | KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC      | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1690800 | NS      | $76288896.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HORIZON CORP                                  | FIRST HORIZON CORP                            | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |   3442958 | NS      | $73541582.88  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA COLA CO                                        | COCA COLA CO                                  | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |   1684956 | NS      | $116093468.40 | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                                 | ABBOTT LABORATORIES                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |   1076900 | NS      | $133126378.00 | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GROUP INC                                     | EMCOR GROUP INC                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |    299900 | NS      | $202666422.00 | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                                     | CATERPILLAR INC                               | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    129900 | NS      | $74986074.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                       | CITIGROUP INC                                 | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |   1397200 | NS      | $141438556.00 | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                       | INTERCONTINENTAL EXCHANGE INC                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    770077 | NS      | $112654564.33 | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| INVITATION HOMES INC                                | INVITATION HOMES INC                          | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2128500 | NS      | $59917275.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                                        | QUALCOMM INC                                  | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    728292 | NS      | $131748022.80 | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| COINBASE GLOBAL INC                                 | COINBASE GLOBAL INC                           | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     45700 | NS      | $15710746.00  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                                        | COMCAST CORP CL A                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   3033352 | NS      | $84433352.92  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| KROGER CO                                           | KROGER CO                                     | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |    428229 | NS      | $27248211.27  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                             | CRH PLC                                       | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |   1165900 | NS      | $138858690.00 | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CURBLINE PROPERTIES CORP                            | CURBLINE PROPERTIES CORP                      | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |    699998 | NS      | $16141953.88  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MID-AMERICA APT CMNTYS INC                          | MID AMERICA APT CMNTY INC                     | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |    160400 | NS      | $20568092.00  | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC DEL                          | BERKSHIRE HATHAWAY INC CL B                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    151149 | NS      | $72179693.46  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC                          | VERIZON COMMUNICATIONS INC                    | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |   4295321 | NS      | $170696056.54 | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                     | PHILIP MORRIS INTL INC                        | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    694003 | NS      | $100165452.99 | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORP                               | TENET HEALTHCARE CORP                         | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     43500 | NS      | $8982315.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                                      | SALESFORCE INC                                | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    830041 | NS      | $216150976.81 | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                        | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        | 254919219 | NS      | $254970202.99 | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| EDWARDS LIFESCIENCES CORP                           | EDWARDS LIFESCIENCES CORP                     | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |    201000 | NS      | $16572450.00  | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP INC                                    | COSTAR GROUP INC                              | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |     56100 | NS      | $3860241.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                                           | BLOCK INC CL A                                | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |    422284 | NS      | $32068246.96  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD                     | TAIWAN SEMIC MFG CO LTD SP ADR                | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    235847 | NS      | $70855514.21  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESHPET INC                                        | FRESHPET INC                                  | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |    112117 | NS      | $5517277.57   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                                    | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   3084800 | NS      | $352777728.00 | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                                        | DANAHER CORP                                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    268700 | NS      | $57872606.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL OIL LTD                                    | IMPERIAL OIL LTD                              | CUSIP: 453038408<br>LEI: 549300MO45LTBPAU4Z27 | Long             | EC               | CORP              | CA        |   1131000 | NS      | $100032476.56 | 0.70%             |  |  |  | No            |                  1 | On Loan: —       |
| WILLIAMS-SONOMA INC                                 | WILLIAMS-SONOMA INC                           | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |    330400 | NS      | $64209936.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP                           | CONSTELLATION ENERGY CORP                     | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    283433 | NS      | $106854241.00 | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALDS CORP                                      | MCDONALDS CORP                                | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |    481100 | NS      | $143574673.00 | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GALP ENERGIA SGPS SA                                | GALP ENERGIA SGPS SA                          | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |   2558000 | NS      | $51288787.19  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SMURFIT WESTROCK PLC                                | SMURFIT WESTROCK PLC                          | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |   2367462 | NS      | $87406697.04  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP                               | NORTHROP GRUMMAN CORP                         | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     89456 | NS      | $52193103.20  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NATURAL RESOURCES INC                          | CORE NATURAL RESOURCES INC                    | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |    782467 | NS      | $61814893.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                                           | BOEING CO                                     | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |   1173215 | NS      | $235839679.30 | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| BECTON DICKINSON and CO                             | BECTON DICKINSON and CO                       | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     90000 | NS      | $16083900.00  | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC                                   | TRAVELERS COMPANIES INC                       | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |    301865 | NS      | $81086976.30  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERGY INC                                          | EVERGY INC                                    | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |   1030500 | NS      | $79152705.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TWILIO INC                                          | TWILIO INC CLASS A                            | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |    578600 | NS      | $78041568.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HLDGS INC                      | ALLISON TRANSMISSION HLDGS INC                | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     52053 | NS      | $4296975.15   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORP                                          | FEDEX CORP                                    | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |    526689 | NS      | $133684201.98 | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                                     | CVS HEALTH CORP                               | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |   1495000 | NS      | $116834250.00 | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RES CORP                                      | TARGA RESOURCES CORP                          | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |    390100 | NS      | $60091004.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                        | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  64120448 | NS      | $64126860.04  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                               | JPMORGAN CHASE and CO                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    547764 | NS      | $170420335.68 | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORP DEL                                    | CENTENE CORP                                  | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |    233559 | NS      | $8260981.83   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOM COMMUNICATIONS INC                             | ZOOM COMMUNICATIONS INC CL A                  | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |   1232543 | NS      | $107514725.89 | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO and CO                                  | WELLS FARGO and CO                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |   3022897 | NS      | $262901352.09 | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                         | BANK OF AMERICA CORPORATION                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   6301606 | NS      | $336820840.70 | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| METTLER-TOLEDO INTL INC                             | METTLER-TOLEDO INTL INC                       | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |      9800 | NS      | $13879642.00  | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INSMED INC                                          | INSMED INC                                    | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |     37200 | NS      | $7053120.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC                                          | HUMANA INC                                    | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     64550 | NS      | $17957164.50  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                                         | PEPSICO INC                                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    477823 | NS      | $69805162.07  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                                 | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    467500 | NS      | $56001825.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                              | UNITEDHEALTH GROUP INC                        | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    462900 | NS      | $158108124.00 | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KRAFT HEINZ CO                                      | KRAFT HEINZ CO                                | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     40700 | NS      | $1006511.00   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC                                     | GEN DIGITAL INC                               | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |   3108248 | NS      | $81933417.28  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSAIC CO                                           | MOSAIC CO NEW                                 | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |   1833400 | NS      | $50326830.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| KENVUE INC                                          | KENVUE INC                                    | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |   1271045 | NS      | $18264916.65  | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP                                 | AMERICAN TOWER CORP                           | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    255200 | NS      | $45675696.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC                       | HILTON WORLDWIDE HOLDINGS INC                 | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    241500 | NS      | $62055840.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS HOLDING CORP                               | US FOODS HOLDING CORP                         | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |    384481 | NS      | $27921010.22  | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                                         | CENCORA INC                                   | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    366300 | NS      | $123739803.00 | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| AMDOCS LIMITED                                      | AMDOCS LTD                                    | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |   1364954 | NS      | $115011024.04 | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON and JOHNSON                                 | JOHNSON and JOHNSON                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |   1322506 | NS      | $249781708.22 | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMO BRANDS CORP                                   | PRIMO BRANDS CORP A                           | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    190300 | NS      | $4180891.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN FINL GROUP INC OHIO                        | AMERICAN FINL GROUP INC OHIO                  | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |    233798 | NS      | $30786520.64  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                                   | CISCO SYSTEMS INC                             | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |   1109818 | NS      | $81138793.98  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                                         | VISTRA CORP                                   | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    330000 | NS      | $62139000.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                                        | PROLOGIS INC REIT                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    477163 | NS      | $59211156.67  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                        | ALPHABET INC CL A                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   2006272 | NS      | $564143623.68 | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY INC                                 | CHENIERE ENERGY INC                           | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    195081 | NS      | $41357172.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO                                      | DISNEY (WALT) CO                              | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    423580 | NS      | $47703579.60  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer