# EDGAR Filing Document

**Accession Number:** 0001444822
**File Stem:** 0001752724-23-043538
**Filing Date:** 2023-2
**Character Count:** 255270
**Document Hash:** c7c6a99700dd7c83e55c7ca2c9e5593a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043538.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-043538

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AQR Funds
- **CENTRAL INDEX KEY:** 0001444822
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22235
- **FILM NUMBER:** 23675335

**BUSINESS ADDRESS:**
- **STREET 1:** ONE GREENWICH PLAZA
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 203-742-3600

**MAIL ADDRESS:**
- **STREET 1:** ONE GREENWICH PLAZA
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

## Series and Classes Contracts Data

### AQR International Defensive Style Fund (Series ID: S000037430)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000115555 | Class N      | ANDNX           |
| C000115556 | Class I      | ANDIX           |
| C000145935 | Class R6     | ANDRX           |

## Nport-Ex

Schedule of Investments

December 31, 2022 (Unaudited)

AQR LARGE CAP MULTISTYLE FUND

| INVESTMENTS | SHARES | VALUE (B) | INVESTMENTS | SHARES | VALUE (B) |
| --- | --- | --- | --- | --- | --- |
| COMMON STOCKS - 84.5% |  |  | Chemicals - 5.8% (continued) |  |  |
| Agri-Funds - 5.8% |  |  | Lowest/Based Industries Wt. Class |  |  |
| Agri-Funds - 5.8% |  |  | Moisture Co. (The) |  |  |
| Agri-Funds - 5.8% |  |  | Oil Corp. |  |  |
| Carbohydrates Corp. | 7,305 | 1,228,801 |  |  |  |
| General Dynamics Corp. | 4,028 | 998,397 |  |  |  |
| Hayward Energy, Inc. | -0,078 | 1,576,306 |  |  |  |
| Huntington-Ingalls Industries, Inc. | 18,118 | 3,718,331 |  |  |  |
| Lockheed Martin Corp. | 1,247 | 666,650 |  |  |  |
|  |  |  | Commercial Services & Supplies - 5.8% |  |  |

See notes to Schedule of Investments.

(Continued)

AQR Funds | N-PORT Part F | December 2022

1

See notes to Schedule of Investments.

(Continued)

AQR Funds | N-PORT Part F | December 2022

8

| INVESTMENTS | SHARES | VALUE (R) | INVESTMENTS | SHARES | VALUE (R) |
| --- | --- | --- | --- | --- | --- |
| Food & Staples Retailing - 3.0% (continued) | 99,357 | 16,824,600 | ITW/AG/AG - 2.0% | 1,331 | 543,466 |
| Walnut, Inc. |  |  | AG/AG - 2.0% | 13,142 | 1,617,347 |
| Automobiles - 0.0% |  | 12,001,574 | AG/AG - 2.0% | 13,142 | 1,617,347 |
| Food Products - 1.0% | 37,048 | 1,246,236 | AG/AG - 2.0% | 12,302 | 1,207,413 |
| Foods, Inc. | 53,124 | 5,543,814 | AG/AG - 2.0% | 12,302 | 1,207,413 |
| Action Canada Midland Co. | 10,000 | 1,018,000 | AG/AG - 2.0% | 12,302 | 1,207,413 |
| Flowers Foods, Inc. | 10,214 | 7,788,600 | AG/AG - 2.0% | 12,302 | 1,207,413 |

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR LARGE CAP MULTISTYLE FUND[{"box_2d": [10, 54, 469, 110], "label": "table", "caption": "

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr |  |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr |  |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr |  |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr |  |  |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr |  |  |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| SUBDIVISION | 1st Qtr | 2nd Qtr | 3rd Qtr |  |  |
| --- | --- | --- | --- | --- | --- |
| Depreciation | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

<table><thead><tr><th>SUBDIVISION</th><th>1st Qtr</th><th>2nd Qtr</th><th>3rd Qtr</th></tr></thead><tr><td>Depreciation</td><td>1,000,000

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP MULTISTYLE FUND

|  | 1st Qtr | 1st Qtr 2022 | 1st Qtr 2021 | 1st Qtr 2020 |
| --- | --- | --- | --- | --- |
| Cash and Bank | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Debtors | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Other | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Inventories | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Other | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Inventories | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Other | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

![img-0.jpeg](img-0.jpeg)

See notes to Schedule of Investments.

AQR Funds | N-PORT Part F | December 2022

4

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAPITALS STYLE FUND

| REVENUE | 2,000,000 | 2,000,000 | REVENUE | 2,000,000 | 2,000,000 |
| --- | --- | --- | --- | --- | --- |
| REVENUE | 2,000,000 | 2,000,000 | REVENUE | 2,000,000 | 2,000,000 |
| REVENUE | 2,000,000 | 2,000,000 | REVENUE | 2,000,000 | 2,000,000 |
| REVENUE | 2,000,000 | 2,000,000 | REVENUE | 2,000,000 | 2,000,000 |

Securities in Schedule of Investments

(Continued)

AOR Funds | N-PORT Part F | December 2022

9

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR SMALL CAP MULTI-STYLE FUND

| ASSET | 1 | 2 | 3 | 4 | 5 | 6 |
| --- | --- | --- | --- | --- | --- | --- |
| ASSET (1) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (2) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (3) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (4) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (5) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (6) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (7) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (8) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (9) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| ASSET (10) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

6

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP MULTI-STYLE FUND

| ASSOCIATES, Inc. and its respective ASC | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| ASSOCIATES, Inc. and its respective ASC | 1,000,000 | 1,000,000 |
| ASSOCIATES, Inc. and its respective ASC | 1,000,000 | 1,000,000 |
| ASSOCIATES, Inc. and its respective ASC | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments (Continued)
AOR Funds | N-PORT Part F | December 2022

7

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAPITALS STYLE FUND

| RETAIL | RETAIL | RETAIL | RETAIL |
| --- | --- | --- | --- |
| 1.0% | 1.0% | 1.0% | 1.0% |
| 1.0% | 1.0% | 1.0% | 1.0% |
| 1.0% | 1.0% | 1.0% | 1.0% |
| 1.0% | 1.0% | 1.0% | 1.0% |
| 1.0% | 1.0% | 1.0% | 1.0% |
| 1.0% | 1.0% | 1.0% | 1.0% |

Securities in Schedule of Investments

(Continued)

AOR Funds | N-PORT Part F | December 2022

8

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAPITALS STYLE FUND

| Investment Name | Value | Total |
| --- | --- | --- |
| AMERICAN EXPRESS, Inc. | $0.00 | $0.00 |
| AMERICAN EXPRESS, Inc. | $0.00 | $0.00 |
| AMERICAN EXPRESS, Inc. | $0.00 | $0.00 |
| AMERICAN EXPRESS, Inc. | $0.00 | $0.00 |
| AMERICAN EXPRESS, Inc. | $0.00 | $0.00 |
| AMERICAN EXPRESS, Inc. | $0.00 | $0.00 |

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)

9

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAPITALS STYLE FUND

| REVENUE | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| REVENUE | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr | 6th Qtr |  |
| REVENUE | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr | 6th Qtr |  |
| REVENUE | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr | 6th Qtr | 7th Qtr |
| REVENUE | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr | 6th Qtr | 7th Qtr |

---

---

---

---

---

Securities in Schedule of Investments

(Continued)

AOR Funds | N-PORT Part F | December 2022

10

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAPITAL'S STYLE FUND

![img-0.jpeg](img-0.jpeg)

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)
11

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAPITALS STYLE FUND

| Total | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| Cost of sales | $1,000,000 | $1,000,000 |
| Gross profit | $1,000,000 | $1,000,000 |
| Operating income | $1,000,000 | $1,000,000 |
| Net income | $1,000,000 | $1,000,000 |

Securities in Schedule of Investments

(Continued)

AOR Funds | N-PORT Part F | December 2022

12

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAPITALS STYLE FUND

| At securities are United States companies, unless stated otherwise in the following section. | 12,000 | 10,000 |
| --- | --- | --- |
| At securities are United States companies, unless stated otherwise in the following section. | 12,000 | 10,000 |
| At securities are United States companies, unless stated otherwise in the following section. | 12,000 | 10,000 |
| At securities are United States companies, unless stated otherwise in the following section. | 12,000 | 10,000 |

See notes to Schedule of Investments.

AOR Funds | N-PORT Part F | December 2022

13

Schedule of Investments

December 31, 2022

# AOR INTERNATIONAL MULTI-STYLE FUND

| Investments, Liabilities and other liabilities | 2022 | 2021 |
| --- | --- | --- |
| Investments, Liabilities and other liabilities | 2022 | 2021 |
| Investments, Liabilities and other liabilities | 2022 | 2021 |
| Investments, Liabilities and other liabilities | 2022 | 2021 |
| Investments, Liabilities and other liabilities | 2022 | 2021 |

14

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)

Schedule of Investments

December 31, 2022

# AOR INTERNATIONAL MULTI-ETYLE FUND

| REVENUE | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| REVENUE | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| REVENUE | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)
15

Schedule of Investments

December 31, 2022

# AOR INTERNATIONAL MULTI-STYLE FUND

| Investments | 1,000,000 | 1,000,000 | Investments | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Investments | 1,000,000 | 1,000,000 | Investments | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 | Investments | 1,000,000 | 1,000,000 |

16

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)

Schedule of Investments

December 31, 2022

# AQR INTERNATIONAL MULTI-STYLE FUND

| Unit: RCT | 30,000 | In 1,000,000 | Balance (in millions) (in €) | 107,000 | 4,773,000 |
| --- | --- | --- | --- | --- | --- |
| Balance (in €) | 30,000 | In 1,000,000 | Balance (in millions) (in €) | 107,000 | 4,773,000 |
| Balance (in €) | 30,000 | In 1,000,000 | Balance (in millions) (in €) | 107,000 | 4,773,000 |
| Balance (in €) | 30,000 | In 1,000,000 | Balance (in millions) (in €) | 107,000 | 4,773,000 |

![img-1.jpeg](img-1.jpeg)

Securities in Schedule of Investments
AQR Funds | N-PORT Part F | December 2022

17

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR OWNERS MULTISTYLE FUNDS

| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- |
| 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 |
| 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 |
| 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 |
| 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 |
| 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 |
| 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 |
| 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

18

Schedule of Investments

December 31, 2022 (Unaudited)

# AOF EMERGING MULTI-STYLE FUNDS

| DESCRIPTION | QUANTITY | UNIT | PRICE | AMOUNT |
| --- | --- | --- | --- | --- |
| AMERICAN EXPRESS LIMITED | 1 | EA | 1.00 | 1.00 |
| AMERICAN EXPRESS LIMITED | 1 | EA | 1.00 | 1.00 |
| AMERICAN EXPRESS LIMITED | 1 | EA | 1.00 | 1.00 |
| AMERICAN EXPRESS LIMITED | 1 | EA | 1.00 | 1.00 |
| AMERICAN EXPRESS LIMITED | 1 | EA | 1.00 | 1.00 |
| AMERICAN EXPRESS LIMITED | 1 | EA | 1.00 | 1.00 |

See notes to Schedule of Investments.
AOF Funds | N-PORT Part F | December 2022

(Continued)
19

Schedule of Investments

December 31, 2022 (Unaudited)

# AOF OWNERSHIP MULTI-STYLE, LIFO

| Total AOF (LIFO) | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| Total AOF (LIFO) | 1,000,000 | 1,000,000 |
| Total AOF (LIFO) | 1,000,000 | 1,000,000 |
| Total AOF (LIFO) | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments

(Continued)

AOF Funds | N-PORT Part F | December 2022

20

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR EMERGING MULTI-STYLE FUNDS

![img-0.jpeg](img-0.jpeg)

See notes to Schedule of Investments.
AQR Funds | N-PORT Part F | December 2022

(Continued)
21

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR EMERGING MULTI-STYLE X-FUND

| 1. 2023-2024 | 1. 2023-2024 | 1. 2023-2024 | 1. 2023-2024 |
| --- | --- | --- | --- |
| 2. 2023-2024 | 2. 2023-2024 | 2. 2023-2024 | 2. 2023-2024 |
| 3. 2023-2024 | 3. 2023-2024 | 3. 2023-2024 | 3. 2023-2024 |
| 4. 2023-2024 | 4. 2023-2024 | 4. 2023-2024 | 4. 2023-2024 |
| 5. 2023-2024 | 5. 2023-2024 | 5. 2023-2024 | 5. 2023-2024 |
| 6. 2023-2024 | 6. 2023-2024 | 6. 2023-2024 | 6. 2023-2024 |
| 7. 2023-2024 | 7. 2023-2024 | 7. 2023-2024 | 7. 2023-2024 |
| 8. 2023-2024 | 8. 2023-2024 | 8. 2023-2024 | 8. 2023-2024 |
| 9. 2023-2024 | 9. 2023-2024 | 9. 2023-2024 | 9. 2023-2024 |
| 10. 2023-2024 | 10. 2023-2024 | 10. 2023-2024 | 10. 2023-2024 |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

22

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR EMERGING MULTI-STYLE FUNDS

| Net Investment (Net Investment) as of December 31, 2022 | 2,000,000 | Net Investment (Net Investment) | 24,467,000 | 2,000,000 |
| --- | --- | --- | --- | --- |
| Net Investment (Net Investment) as of December 31, 2021 | 2,000,000 | Net Investment (Net Investment) | 24,467,000 | 2,000,000 |
| Net Investment (Net Investment) as of December 31, 2020 | 2,000,000 | Net Investment (Net Investment) | 24,467,000 | 2,000,000 |
| Net Investment (Net Investment) as of December 31, 2019 | 2,000,000 | Net Investment (Net Investment) | 24,467,000 | 2,000,000 |
| Net Investment (Net Investment) as of December 31, 2018 | 2,000,000 | Net Investment (Net Investment) | 24,467,000 | 2,000,000 |
| Net Investment (Net Investment) as of December 31, 2017 | 2,000,000 | Net Investment (Net Investment) | 24,467,000 | 2,000,000 |
| Net Investment (Net Investment) as of December 31, 2016 | 2,000,000 | Net Investment (Net Investment) | 24,467,000 | 2,000,000 |
| Net Investment (Net Investment) as of December 31, 2015 | 2,000,000 | Net Investment (Net Investment) | 24,467,000 | 2,000,000 |

See notes to Schedule of Investments.

AQR Funds | N-PORT Part F | December 2022

23

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP MOMENTUM STYLE FUND

| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

24

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP MOMENTUM STYLE FUND

| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments (Continued)
AQR Funds | N-PORT Part F | December 2022

25

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP INVENTION STYLE FUND

| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

26

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP INVENTION STYLE FUND

| Bank of India, India | 1,000,000 | 1,000,000 | Bank of India, India | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Bank of India, India | 1,000,000 | 1,000,000 | Bank of India, India | 1,000,000 | 1,000,000 |
| Bank of India, India | 1,000,000 | 1,000,000 | Bank of India, India | 1,000,000 | 1,000,000 |
| Bank of India, India | 1,000,000 | 1,000,000 | Bank of India, India | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments (Continued)
AQR Funds | N-PORT Part F | December 2022

27

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR LARGE CAP INVENTION STYLE FUND

| Balance at December 31, 2022 | 1,000,000 | 1,000,000 | Balance at December 31, 2022 | 1,000,000 |
| --- | --- | --- | --- | --- |
| Balance at December 31, 2021 | 1,000,000 | 1,000,000 | Balance at December 31, 2021 | 1,000,000 |
| Balance at December 31, 2020 | 1,000,000 | 1,000,000 | Balance at December 31, 2020 | 1,000,000 |
| Balance at December 31, 2019 | 1,000,000 | 1,000,000 | Balance at December 31, 2019 | 1,000,000 |
| Balance at December 31, 2018 | 1,000,000 | 1,000,000 | Balance at December 31, 2018 | 1,000,000 |
| Balance at December 31, 2017 | 1,000,000 | 1,000,000 | Balance at December 31, 2017 | 1,000,000 |
| Balance at December 31, 2016 | 1,000,000 | 1,000,000 | Balance at December 31, 2016 | 1,000,000 |
| Balance at December 31, 2015 | 1,000,000 | 1,000,000 | Balance at December 31, 2015 | 1,000,000 |
| Balance at December 31, 2014 | 1,000,000 | 1,000,000 | Balance at December 31, 2014 | 1,000,000 |
| Balance at December 31, 2013 | 1,000,000 | 1,000,000 | Balance at December 31, 2013 | 1,000,000 |
| Balance at December 31, 2012 | 1,000,000 | 1,000,000 | Balance at December 31, 2012 | 1,000,000 |

---

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28

See notes to Schedule of Investments.

AOR Funds | N-PORT Part F | December 2022

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INVENTORY STYLE FUND

| Schedule of Investments | December 31, 2022 | 2021 |
| --- | --- | --- |
| Net Income | $1,000,000 | $1,000,000 |
| Net Income (losses) - 0.12% of net income | 1,000,000 | 1,000,000 |
| Net Income (losses) - 0.0% | 1,000,000 | 1,000,000 |
| Net Income (losses) - 0.0% | 1,000,000 | 1,000,000 |
| Net Income (losses) - 0.0% | 1,000,000 | 1,000,000 |
| Net Income (losses) - 0.0% | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)
29

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INVENTORY STYLE FUND

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| INVESTMENT | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| INVESTMENT | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| INVESTMENT | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| INVESTMENT | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

30

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INOMENIUM STYLE FUND[{"box_2d": [10, 54, 469, 110], "label": "table", "caption": "

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr |
| --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | 5th Qtr |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr |  |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr |  |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr |  |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr |  |  |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr |  |  |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr |  |  |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| DESCRIPTION | 1st Qtr | 2nd Qtr | 3rd Qtr |  |  |
| --- | --- | --- | --- | --- | --- |
| Investment in the Company | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

<table><thead><tr><th>DESCRIPTION</th><

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INVENTORY STYLE FUND

| INVESTMENTS | 2022 | 2021 | 2020 | 2019 |
| --- | --- | --- | --- | --- |
| EBITDA | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| EBITDA (EBITDA) | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| EBITDA (EBITDA) | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| EBITDA (EBITDA) | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

32

Securities in Schedule of Investments

(Continued)

AOR Funds | N-PORT Part F | December 2022

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INOMENON STYLE FUND

| Fund | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr |
| --- | --- | --- | --- | --- |
| 1. AOR | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2. AOR | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 3. AOR | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 4. AOR | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 5. AOR | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 6. AOR | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 7. AOR | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 8. AOR | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)

33

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INOMENIUM STYLE FUND

| ASSETS | 1st Qtr 2022 | 2nd Qtr 2021 | 2nd Qtr 2020 | 2nd Qtr 2019 |
| --- | --- | --- | --- | --- |
| Net Assets | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Cash and cash equivalents at end of year | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Cash and cash equivalents at end of year | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Cash and cash equivalents at end of year | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

Securities in Schedule of Investments

(Continued)

AOR Funds | N-PORT Part F | December 2022

34

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INOMENIUM STYLE FUND

| Total | 1,000,000 | 1,000,000 | Total | 1,000,000 |
| --- | --- | --- | --- | --- |
| Total | 1,000,000 | 1,000,000 | Total | 1,000,000 |
| Total | 1,000,000 | 1,000,000 | Total | 1,000,000 |
| Total | 1,000,000 | 1,000,000 | Total | 1,000,000 |

Securities in Schedule of Investments
AOR Funds | N-PORT Part F | December 2022

(Continued)
35

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INNOVATION STYLE FUND

| Balance at December 31, 2022 | 1,000,000 | 1,000,000 | Balance at December 31, 2022 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Balance at December 31, 2021 | 1,000,000 | 1,000,000 | Balance at December 31, 2021 | 1,000,000 | 1,000,000 |
| Balance at December 31, 2020 | 1,000,000 | 1,000,000 | Balance at December 31, 2020 | 1,000,000 | 1,000,000 |
| Balance at December 31, 2019 | 1,000,000 | 1,000,000 | Balance at December 31, 2019 | 1,000,000 | 1,000,000 |
| Balance at December 31, 2018 | 1,000,000 | 1,000,000 | Balance at December 31, 2018 | 1,000,000 | 1,000,000 |
| Balance at December 31, 2017 | 1,000,000 | 1,000,000 | Balance at December 31, 2017 | 1,000,000 | 1,000,000 |
| Balance at December 31, 2016 | 1,000,000 | 1,000,000 | Balance at December 31, 2016 | 1,000,000 | 1,000,000 |
| Balance at December 31, 2015 | 1,000,000 | 1,000,000 | Balance at December 31, 2015 | 1,000,000 | 1,000,000 |
| Balance at December 31, 2014 | 1,000,000 | 1,000,000 | Balance at December 31, 2014 | 1,000,000 | 1,000,000 |

---

---

---

---

---

Securities in Schedule of Investments

(Continued)

AOR Funds | N-PORT Part F | December 2022

36

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INNOVATION STYLE FUND

| Fund | Value | Total | Fund | Value | Total |
| --- | --- | --- | --- | --- | --- |
| 1 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| 2 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| 3 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| 4 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| 5 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| 6 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| 7 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| 8 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| 9 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

See notes to Schedule of Investments.

(Continued)

AOR Funds | N-PORT Part F | December 2022

37

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR SMALL CAP INOMENIUM STYLE FUND

| Name | Amount | Amount |
| --- | --- | --- |
| 1. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 2. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 3. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 4. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 5. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 6. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 7. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 8. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 9. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |
| 10. The Company's Shareholders' Equity | $1,000,000 | $1,000,000 |

Securities in Schedule of Investments

AOR Funds | N-PORT Part F | December 2022

30

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL MOMENTUM OFFICE FUND

REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992

REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992

REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992

REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992
REVENUE OF THE 1992

Securities in Schedule of Investments
AQP Funds | N-PORT Part F | December 2022

(Continued)
39

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR INTERNATIONAL MOMENTUM OFFICE FUND

| International | 1,000,000 | 4,000,000 | International | 1,000,000 | 4,000,000 |
| --- | --- | --- | --- | --- | --- |
| International | 1,000,000 | 4,000,000 | International | 1,000,000 | 4,000,000 |
| International | 1,000,000 | 4,000,000 | International | 1,000,000 | 4,000,000 |
| International | 1,000,000 | 4,000,000 | International | 1,000,000 | 4,000,000 |

See notes to Schedule of Investments.

(Continued)

AQP Funds | N-PORT Part F | December 2022

40

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL MOMENTUM STYLE FUND

| ASSETS | 1,000,000 | 1,000,000 | ASSETS | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| ASSETS | 1,000,000 | 1,000,000 | ASSETS | 1,000,000 | 1,000,000 |
| ASSETS | 1,000,000 | 1,000,000 | ASSETS | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments
AQP Funds | N-PORT Part F | December 2022

(Continued)
41

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL MOMENTUM OFFICE FUND

| REVENUE | 1,000,000 | 1,000,000 | REVENUE | 1,000,000 |
| --- | --- | --- | --- | --- |
| ASSETS | 1,000,000 | 1,000,000 | ASSETS | 1,000,000 |
| LIABILITIES | 1,000,000 | 1,000,000 | LIABILITIES | 1,000,000 |
| LIABILITIES AND CASH FLOW | 1,000,000 | 1,000,000 | LIABILITIES | 1,000,000 |
| LIABILITIES AND CASH FLOW IN SECURITIES | 1,000,000 | 1,000,000 | LIABILITIES | 1,000,000 |
| LIABILITIES AND CASH FLOW IN SECURITIES | 1,000,000 | 1,000,000 | LIABILITIES | 1,000,000 |
| LIABILITIES AND CASH FLOW IN SECURITIES | 1,000,000 | 1,000,000 | LIABILITIES | 1,000,000 |

Securities in Schedule of Investments

(Continued)

AQP Funds | N-PORT Part F | December 2022

42

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL MOMENTUM OFFICE EURO

| NUMBER OF | EXPIRATION | TRADING | NOTIONAL | VALUE AND UNREALIZED APPROXIMATION |
| --- | --- | --- | --- | --- |
| 1 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

See notes to Schedule of Investments.

AQP Funds | N-PORT Part F | December 2022

43

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR LARGE CAP DEFENSIVE STYLE FUND

| Depreciation of the 1st and 2nd of net assets | 1,000,000 | Depreciation of the 1st and 2nd of net assets | 1,000,000 |
| --- | --- | --- | --- |
| Depreciation of the 1st and 2nd of net assets | 1,000,000 | Depreciation of the 1st and 2nd of net assets | 1,000,000 |
| Depreciation of the 1st and 2nd of net assets | 1,000,000 | Depreciation of the 1st and 2nd of net assets | 1,000,000 |
| Depreciation of the 1st and 2nd of net assets | 1,000,000 | Depreciation of the 1st and 2nd of net assets | 1,000,000 |

Securities in Schedule of Investments

(Continued)

AOR Funds | N-PORT Part F | December 2022

44

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP DEFENSIVE STYLE FUND

| Investments | 1,000,000 | 1,000,000 | Investments | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Investments & Companies | 1,000,000 | 1,000,000 | Investments & Companies | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 | Investments | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 | Investments | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 | Investments | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments
AQR Funds | N-PORT Part F | December 2022

(Continued)
45

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP DEFENSIVE STYLE FUND

| INVESTMENT OF THE SECURITIES | 1,000,000 | 1,000,000 | INVESTMENT OF THE SECURITIES | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| INVESTMENT OF THE SECURITIES | 1,000,000 | 1,000,000 | INVESTMENT OF THE SECURITIES | 1,000,000 | 1,000,000 |
| INVESTMENT OF THE SECURITIES | 1,000,000 | 1,000,000 | INVESTMENT OF THE SECURITIES | 1,000,000 | 1,000,000 |
| INVESTMENT OF THE SECURITIES | 1,000,000 | 1,000,000 | INVESTMENT OF THE SECURITIES | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

46

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP DEFENSIVE STYLE FUND

| 1. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| 2. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 3. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 4. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 5. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 6. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 7. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 8. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 9. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 10. AQR Funded by AQR, Inc. | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments (Continued)
AQR Funds | N-PORT Part F | December 2022 47

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR LARGE CAP DEFENSIVE STYLE FUND

| Accumulated other than the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| Accumulated other than the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share | 1,000,000 | 1,000,000 |
| Accumulated other than the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share | 1,000,000 | 1,000,000 |

See notes to Schedule of Investments.

AQR Funds | N-PORT Part F | December 2022

48

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL GEOSOCO STYLE FUND

| REVENUE | 1,000,000 | 1,000,000 | REVENUE | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| ASSETS | 1,000,000 | 1,000,000 | ASSETS | 1,000,000 | 1,000,000 |
| ASSETS | 1,000,000 | 1,000,000 | ASSETS | 1,000,000 | 1,000,000 |
| ASSETS | 1,000,000 | 1,000,000 | ASSETS | 1,000,000 | 1,000,000 |

![img-0.jpeg](img-0.jpeg)

Securities in Schedule of Investments

(Continued)

AQP Funds | N-PORT Part F | December 2022

49

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR INTERNATIONAL DEPOSITIVE STYLE FUND

| International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 | International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 | International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 |
| International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 | International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 |
| International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 |  |  |  |
| International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 |  |  |  |
| International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 |  |  |  |
| International Investment & Securities - 2.4% | 1,000,000 | 1,000,000 |  |  |  |

Securities in Schedule of Investments

(Continued)

AQP Funds | N-PORT Part F | December 2022

50

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR INTERNATIONAL DEPOSITIVE STYLE FUND

| Investments | 2022 | 2021 |
| --- | --- | --- |
| Investments | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 |
| Investments | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments (Continued)
AQR Funds | N-PORT Part F | December 2022 51

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR INTERNATIONAL DEPOSITS STYLE FUND

| INVESTMENT (in € million) | 1,000,000 | 10,000,000 | INVESTMENT (in € million) | 1,000,000 | 10,000,000 |
| --- | --- | --- | --- | --- | --- |
| INVESTMENT (in € million) | 1,000,000 | 10,000,000 | INVESTMENT (in € million) | 1,000,000 | 10,000,000 |
| INVESTMENT (in € million) | 1,000,000 | 10,000,000 | INVESTMENT (in € million) | 1,000,000 | 10,000,000 |
| INVESTMENT (in € million) | 1,000,000 | 10,000,000 | INVESTMENT (in € million) | 1,000,000 | 10,000,000 |

52

Securities in Schedule of Investments
AQR Funds | N-PORT Part F | December 2022

(Continued)

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR INTERNATIONAL DEPOSITIVE STYLE FUND

| Net Interest and other assets | 2,000,000 | 2,000,000 | Total Interest and other assets | 2,000,000 |
| --- | --- | --- | --- | --- |
| Net Interest and other assets | 2,000,000 | 2,000,000 | Total Interest and other assets | 2,000,000 |
| Net Interest and other assets | 2,000,000 | 2,000,000 | Total Interest and other assets | 2,000,000 |
| Net Interest and other assets | 2,000,000 | 2,000,000 | Total Interest and other assets | 2,000,000 |

![img-0.jpeg](img-0.jpeg)

See notes to Schedule of Investments.

AQP Funds | N-PORT Part F | December 2022

53

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR GLOBAL EQUITY FUND

| Fund | 2021 | 2020 | 2019 |
| --- | --- | --- | --- |
| Accumulated other than a 2% share of the AQR | $1,000,000 | $1,000,000 | $1,000,000 |
| Accumulated other than a 1% share of the AQR | $1,000,000 | $1,000,000 | $1,000,000 |
| Accumulated other than a 0% share of the AQR | $1,000,000 | $1,000,000 | $1,000,000 |
| Accumulated other than a 0% share of the AQR | $1,000,000 | $1,000,000 | $1,000,000 |
| Accumulated other than a 0% share of the AQR | $1,000,000 |  |  |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

54

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR GLOBAL EQUITY FUND

| Fund | Value | Total | Fund | Value | Total |
| --- | --- | --- | --- | --- | --- |
| AQR Global Equity Fund | 1,000,000 | 1,000,000 | AQR Global Equity Fund | 1,000,000 | 1,000,000 |
| AQR Global Equity Fund | 1,000,000 | 1,000,000 | AQR Global Equity Fund | 1,000,000 | 1,000,000 |
| AQR Global Equity Fund | 1,000,000 | 1,000,000 | AQR Global Equity Fund | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments (Continued)
AQR Funds | N-PORT Part F | December 2022 55

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR GLOBAL EQUITY FUND

| REVENUE (in € million) | 2022 | 2021 | 2020 | 2019 |
| --- | --- | --- | --- | --- |
| Net assets acquired | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Net assets acquired (continued) | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Net assets acquired (in € million) | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Net assets acquired (in € million) | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Net assets acquired (in € million) | 3,000,000 | 3,000,000 |  |  |
| Net assets acquired (in € million) | 3,000,000 | 3,000,000 |  |  |
| Net assets acquired (in € million) | 3,000,000 | 3,000,000 |  |  |
| Net assets acquired (in € million) | 3,000,000 | 3,000,000 |  |  |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

96

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR GLOBAL EQUITY FUND

| REVENUE (Group, Inc. (2)) | 1,000,000 | 1,000,000 | REVENUE (Group, Inc. (2)) | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| REVENUE (Group, Inc. (2)) | 1,000,000 | 1,000,000 | REVENUE (Group, Inc. (2)) | 1,000,000 | 1,000,000 |
| REVENUE (Group, Inc. (2)) | 1,000,000 | 1,000,000 | REVENUE (Group, Inc. (2)) | 1,000,000 | 1,000,000 |
| REVENUE (Group, Inc. (2)) | 1,000,000 | 1,000,000 | REVENUE (Group, Inc. (2)) | 1,000,000 | 1,000,000 |

Securities in Schedule of Investments (Continued)
AQR Funds | N-PORT Part F | December 2022 17

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR GLOBAL EQUITY FUND

| Number of shares | Percentage of the total | Percentage of the total |
| --- | --- | --- |
| 1 | 100.00% | 100.00% |
| 2 | 100.00% | 100.00% |
| 3 | 100.00% | 100.00% |
| 4 | 100.00% | 100.00% |
| 5 | 100.00% | 100.00% |
| 6 | 100.00% | 100.00% |
| 7 | 100.00% | 100.00% |
| 8 | 100.00% | 100.00% |
| 9 | 100.00% | 100.00% |
| 10 | 100.00% | 100.00% |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

98

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR GLOBAL EQUITY FUND

| REFERENCE | PAYMENTS MADE BY FUND | PAYMENTS RECEIVED BY FUND | PAYMENT | MATURITY | NOTIONAL | VALUE AND UNREALIZED APPRECIATION |
| --- | --- | --- | --- | --- | --- | --- |
| ACQ (AQR) | 1,000,000 | 1,000,000 | 1,000,000 | General Manager | $1,000,000 | 1,000,000 |
| ACQ (AQR) | 1,000,000 | 1,000,000 | 1,000,000 | General Manager | 1,000,000 | 1,000,000 |
| ACQ (AQR) | 1,000,000 | 1,000,000 | 1,000,000 | General Manager | 1,000,000 | 1,000,000 |
| ACQ (AQR) | 1,000,000 | 1,000,000 | 1,000,000 | General Manager | 1,000,000 | 1,000,000 |

See notes to Schedule of Investments.
AQP Funds | N-PORT Part F | December 2022

(Continued)

99

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR GLOBAL EQUITY FUND

| CURRENCY FURTHER | CURRENCY FOUR | COUNTERPARTY | SETTLEMENT | UNREALIZED APPLICATIONS |
| --- | --- | --- | --- | --- |
| EUR/USD | EUR/USD | CTG | EUR/USD | EUR/USD |
| EUR/USD | EUR/USD | JPMC | EUR/USD | EUR/USD |

Securities in Schedule of Investments

(Continued)

AQR Funds | N-PORT Part F | December 2022

60

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR GLOBAL EQUITY FUND

| COMMERCIAL PUBLICATIONS | COMMERCIAL FIELDS | COUNTERPARTY | SETTLEMENT | UNREALIZED APPLICATION |
| --- | --- | --- | --- | --- |
| ACRIFLIGHTS | ACRIFLIGHTS | CTG | ACRIFLIGHTS | ACRIFLIGHTS |
| ACRIFLIGHTS | ACRIFLIGHTS | JPMC | ACRIFLIGHTS | ACRIFLIGHTS |
| ACRIFLIGHTS | ACRIFLIGHTS | CTG | ACRIFLIGHTS | ACRIFLIGHTS |
| ACRIFLIGHTS | ACRIFLIGHTS | JPMC | ACRIFLIGHTS | ACRIFLIGHTS |
| ACRIFLIGHTS | ACRIFLIGHTS | CTG | ACRIFLIGHTS | ACRIFLIGHTS |

See notes to Schedule of Investments.

AQR Funds | N-PORT Part F | December 2022

41

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR INTERNATIONAL EQUITY FUND

| INVESTMENTS | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| INVESTMENTS | 1,000,000 | 1,000,000 | 1,000,000 |
| INVESTMENTS | 1,000,000 | 1,000,000 | 1,000,000 |
| INVESTMENTS | 1,000,000 | 1,000,000 | 1,000,000 |
| INVESTMENTS | 1,000,000 | 1,000,000 | 1,000,000 |

See notes to Schedule of Investments.

(Continued)

AOR Funds | N-PORT Part F | December 2022

62

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL EQUITY FUND

| Revenues | 1,000,000 |
| --- | --- |
| Costs and expenses | (1,000,000) |
| Operating income | (1,000,000) |
| Income from operations | (1,000,000) |
| Net income | (1,000,000) |
| Income from operations | (1,000,000) |
| Net income | (1,000,000) |

See notes to Schedule of Investments.

(Continued)

AQP Funds | N-PORT Part F | December 2022

63

Schedule of Investments

December 31, 2022 (Unaudited)

# AQR INTERNATIONAL EQUITY FUND

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |
| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

| INDUSTRIAL | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- |

</table>

64

See notes to Schedule of Investments

(Continued)

AQP Funds | N-PORT Part F | December 2022

Schedule of Investments

December 31, 2022 (Unaudited)

# AOR INTERNATIONAL EQUITY FUND

![img-0.jpeg](img-0.jpeg)

![img-1.jpeg](img-1.jpeg)

See notes to Schedule of Investments.

(Continued)

AOR Funds | N-PORT Part F | December 2022

85

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL EQUITY FUND

| REFERENCE | PAYMENTS MADE BY | PAYMENTS RECEIVED BY | PAYMENT | MATURITY | NOTIONAL | VALUE AND UNREALIZED APPRECIATION |
| --- | --- | --- | --- | --- | --- | --- |
| AQP INTERNATIONAL EQUITY FUND | 1,000 | 1,000 | 1,000 | Value of the Company's Equity Fund | 1,000 | 1,000 |
| AQP INTERNATIONAL EQUITY FUND | 1,000 | 1,000 | 1,000 | Value of the Company's Equity Fund | 1,000 | 1,000 |
| AQP INTERNATIONAL EQUITY FUND | 1,000 | 1,000 | 1,000 | Value of the Company's Equity Fund | 1,000 | 1,000 |
| AQP INTERNATIONAL EQUITY FUND | 1,000 | 1,000 | 1,000 | Value of the Company's Equity Fund | 1,000 | 1,000 |

![img-2.jpeg](img-2.jpeg)

![img-3.jpeg](img-3.jpeg)

66

See notes to Schedule of Investments.

(Continued)

AQP Funds | N-PORT Part F | December 2022

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL EQUITY FUND

![img-4.jpeg](img-4.jpeg)

See notes to Schedule of Investments.

(Continued)

AQP Funds | N-PORT Part F | December 2022

87

Schedule of Investments

December 31, 2022 (Unaudited)

AQP INTERNATIONAL EQUITY FUND

| COMMERCIAL AUTHORITY | COMMERCIAL NAME | COURTHOUGHT | SETTLEMENT | UNREALIZED APPROPRIATION |
| --- | --- | --- | --- | --- |
| AQP INTERNATIONAL EQUITY FUND | AQP INTERNATIONAL EQUITY FUND | 2022 | 2022 | 2022 |
| AQP INTERNATIONAL EQUITY FUND | AQP INTERNATIONAL EQUITY FUND | 2022 | 2022 | 2022 |
| AQP INTERNATIONAL EQUITY FUND | AQP INTERNATIONAL EQUITY FUND | 2022 | 2022 | 2022 |

See notes to Schedule of Investments.

AQP Funds | N-PORT Part F | December 2022

98

Schedule of Investments

December 31, 2022 (Unaudited)

Abbreviations

| AOR - American Depositary Receipt |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| AOR - Global Depositary Receipt |  |  |  |  |  |  |
| American Depositary Receipt | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| American Depositary Receipt | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| American Depositary Receipt | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| American Depositary Receipt | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |

See notes to Schedule of Investments.

AOR Funds | N-PORT Part F | December 2022

99

Notes to Schedules of Investments

December 31, 2022 (Unaudited)

**Fair Value Hierarchy:** Various inputs are utilized in determining the value of each Fund's investments. GAAP establishes a hierarchy for inputs used in

the investment and the value of observable inputs and minimizes the use of unobservable inputs by requiring the most observable inputs to be available. These inputs are summarized into three broad levels as follows:

| Total Investment | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Investment | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 |
| Total Investment | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 | 1,147,000 |
| Total Investment | 1,147,000 | 1,147,000 |  |  |  |  |  |  |
| Total Investment | 1,147,000 | 1,147,000 |  |  |  |  |  |  |
| Total Investment | 1,147,000 | 1,147,000 |  |  |  |  |  |  |
| Total Investment | 1,147,000 | 1,147,000 |  |  |  |  |  |  |

![img-5.jpeg](img-5.jpeg)

70

AQR Funds | N-PORT Part F | December 2022

Notes to Schedules of Investments

December 31, 2022 (Unaudited)[{"box_2d": [10, 32, 469, 114], "label": "table", "caption": "

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

| DESCRIPTION | QUANTITY | UNIT | UNIT PRICE | TOTAL |
| --- | --- | --- | --- | --- |
| REVENUE | 1,000,000 | USD | 1.00 | 1,000,000 |

<table><thead><tr><th>DESCRIPTION</th><th>QUANTITY</th><th>UNIT</th><th>UNIT PRICE</th><th>TOTAL</th></tr></thead><tr><td>REVENUE</td><td>1,000,000</td><td>USD</td><td>1.00</td><

Notes to Schedules of Investments

December 31, 2022 (Unaudited)

| SHOULDING ASSETS |  | LEVEL 1 | LEVEL 2 | LEVEL 3 | TOTAL |
| --- | --- | --- | --- | --- | --- |
| 1 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 2 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 3 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 4 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 5 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 6 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| 7 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |

72

AQR Funds | N-PORT Part F | December 2022

AUGUST, 1970 (1,000,000,000,000) of the unit approved, including proprietary models for which sufficient and reliable data is available. While cover & commercial use of the materials is limited to the purchase of a large, comparable market for markets, other the use of the income approach includes the full responsibility of the firm's employees to purchase the value. In connection with the project due to the use of the whole of the business of the business, the company is not a member of the company's business. The company is not a member of the company's business. The company is not a member of the company's business. The company is not a member of the company's business. The company is not a member of the company's business. The company is not a member of the company's business. The company is not a member of the company's business. The company is not a member of the company's business. The company is not a member of the company's business. The company is not a member of the company's business.

| 1. Les services de l'tourisme et de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature | 1. Les services de l'tourisme et de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature |
| --- | --- |
| 2. Les services de l'tourisme et de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature | 1. Les services de l'tourisme et de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature de la nature |

| Total Funds | $ | 865,068,622 | $ | - | $ | 864,968,622 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash and cash equivalents (Currency Exchange Contractor) | $ | (570,848) | $ | (580,768) | $ | (580,768) |
| Liabilities |  |  |  | (84,467) |  | (84,467) |
| Liabilities |  |  |  |  |  | (84,467) |
| Foreign Commercial |  |  |  |  |  |  |
| Foreign Commercial |  |  |  |  |  |  |
| General and Financial |  |  |  |  |  |  |
| Monetary and other |  |  |  |  |  |  |
| Investments and other |  |  |  |  |  |  |
| Investments and other |  |  |  |  |  |  |
| Investments and other |  |  |  |  |  |  |
| Investments and other |  |  |  |  |  |  |
| Investments and other |  |  |  |  |  |  |
| Investments and other |  |  |  |  |  |  |
| Investments and other |  |  |  |  |  |  |
| Investments and other |  |  |  |  |  |  |

LIABILITIES
1. The Company's share of investment is now occurring in the period 1,728,453
(a) Total assets are not available
(2) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(b) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(c) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(d) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(e) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(f) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(g) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(h) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(i) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(j) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(k) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(l) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(m) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(n) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(o) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(p) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(q) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(r) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(s) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(t) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(u) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(v) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(w) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(x) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(y) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(z) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(w) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(x) Total assets are not available
LIABILITIES
The Company's share of investment is now occurring in the period 1,728,453
(y) Total assets are not available

in **statement** **could** presumably use in solving the securities. Changes in significant market inputs could cause significant changes in value **in** financial management and in aggregate. The value determinations **can** occur in the business through the year 2015, including market **at** the end of 2016. The other results are shown that would have been used but please may be used to proceed.

| COMPARISON | DISPOSITION | STYLE FUNDS | 5 | 52,000,000 | 5 | 372,000,000 | 5 | 1,000,000 | 5 | 1,000,000 | 5 | 1,000,000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| For a long-term start on the Public policy regarding the valuation of investments and other significant accounting policies, please refer to the notes to the financial management as disclosed in the most recent serial annual and annual report. |  |  |  |  |  |  |  |  |  |  |  |  |
| 2,000,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |
| Short-term investments |  |  |  |  |  |  |  |  |  |  |  |  |
| 5,000,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |
| 5,000,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |

LAUGHLIN
Fundamentalization
December 6, 2022, the Board of Trustees of the AQR Funds **rapproved** a proposal to liquidate the AQR International Equity (IAPRA) in addition to the Funds scheduled December 2022 annual income and capital assets distribution, the Fund Highland additional (Highland) in which the Fund is based on 31 January 30, 2023, consisting of undistributed income of the Fund, 29 January 27, 2023 (the "Liquidation Date"), the Fund Fields and (other) distribution of its remaining assets proportionately to any shareholders holding shares on the Liquidation Date. The Funds have evaluated subsequent events through the date of issuance of this report and have determined that there are no material events other than that disclosed above.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AQR Funds

- **b. Investment Company Act file number:** 811-22235

- **c. CIK number of Registrant:** 0001444822

- **d. LEI of Registrant:** 549300V0TAB4ICSX2404

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

  - **Street Address 1:** One Greenwich Plaza

  - **City:** Greenwich

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06830

  - **Telephone number:** 203-742-3600

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

- **a. Name of Series:** AQR International Defensive Style Fund

- **b. EDGAR series identifier (if any):** S000037430

- **c. LEI of Series:** 549300ZLSM7X66O2G695

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $271132610.40

**Total Liabilities:** $138821.07

**Net Assets:** $270993789.33

**Cash Not Reported:** $947112.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000115556 | 3.50%                | 11.32%               | -1.31%               |
| Class ID C000145935 | 3.59%                | 11.32%               | -1.36%               |
| Class ID C000115555 | 3.55%                | 11.26%               | -1.30%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-84229.48               | $7943059.41                                |
| Month 2  | $7671.72                 | $26610362.98                               |
| Month 3  | $32073.71                | $-3995866.41                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ubisoft Entertainment SA                                         | Ubisoft Entertainment SA                                         | CUSIP: N/A<br>LEI: 969500I7C8V1LBIMSM05       | Long             | EC               | CORP              | FR        |      7786 | NS      | $219961.11    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SKF AB                                                           | SKF AB, Class B                                                  | CUSIP: N/A<br>LEI: 549300B6HWYEE57O8J84       | Long             | EC               | CORP              | SE        |     14446 | NS      | $220641.37    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Square Enix Holdings Co. Ltd.                                    | Square Enix Holdings Co. Ltd.                                    | CUSIP: N/A<br>LEI: 529900KCRNRDF8DIA489       | Long             | EC               | CORP              | JP        |      5500 | NS      | $255340.03    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Orange SA                                                        | Orange SA                                                        | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |     84827 | NS      | $841663.83    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| MEIJI Holdings Co. Ltd.                                          | MEIJI Holdings Co. Ltd.                                          | CUSIP: N/A<br>LEI: 5299002D52YIP6DWMV49       | Long             | EC               | CORP              | JP        |     12200 | NS      | $625350.08    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui & Co. Ltd.                                                | Mitsui & Co. Ltd.                                                | CUSIP: N/A<br>LEI: 2NRSB4GOU9DD6CNW5R48       | Long             | EC               | CORP              | JP        |      7900 | NS      | $230093.24    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Utilities Ltd.                                          | Canadian Utilities Ltd., Class A                                 | CUSIP: 136717832<br>LEI: LWV4QIQODEH3VBHUFX07 | Long             | EC               | CORP              | CA        |     38965 | NS      | $1054702.55   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Evonik Industries AG                                             | Evonik Industries AG                                             | CUSIP: N/A<br>LEI: 41GUOJQTALQHLF39XJ34       | Long             | EC               | CORP              | DE        |     12632 | NS      | $240940.68    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Oji Holdings Corp.                                               | Oji Holdings Corp.                                               | CUSIP: N/A<br>LEI: 529900LVC9GIIYUGE243       | Long             | EC               | CORP              | JP        |    125500 | NS      | $506892.86    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Evolution AB                                                     | Evolution AB                                                     | CUSIP: N/A<br>LEI: 549300SUH6ZR1RF6TA88       | Long             | EC               | CORP              | SE        |      3488 | NS      | $339746.71    | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| T&D Holdings, Inc.                                               | T&D Holdings, Inc.                                               | CUSIP: N/A<br>LEI: 3538008ARJ1MACEWA242       | Long             | EC               | CORP              | JP        |     58300 | NS      | $834549.59    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Healthineers AG                                          | Siemens Healthineers AG                                          | CUSIP: N/A<br>LEI: 529900QBVWXMWANH7H45       | Long             | EC               | CORP              | DE        |     18124 | NS      | $904055.05    | 0.33%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Telenor ASA                                                      | Telenor ASA                                                      | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               | CORP              | NO        |     52265 | NS      | $488310.67    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Toromont Industries Ltd.                                         | Toromont Industries Ltd.                                         | CUSIP: 891102105<br>LEI: 5493008W5EPRSLQ0B737 | Long             | EC               | CORP              | CA        |      3550 | NS      | $256182.05    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglo American plc                                               | Anglo American plc                                               | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |     30199 | NS      | $1182589.47   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Antofagasta plc                                                  | Antofagasta plc                                                  | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |     11963 | NS      | $223320.58    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group NV                                                      | NN Group NV                                                      | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |      5295 | NS      | $216524.21    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| RWE AG                                                           | RWE AG                                                           | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |     22192 | NS      | $981057.94    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                      | Toronto-Dominion Bank (The)                                      | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |     14183 | NS      | $918333.54    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Newcrest Mining Ltd.                                             | Newcrest Mining Ltd.                                             | CUSIP: N/A<br>LEI: 5299006MN50OZJUJI655       | Long             | EC               | CORP              | AU        |    103998 | NS      | $1458292.63   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| CSL Ltd.                                                         | CSL Ltd.                                                         | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |     11635 | NS      | $2268756.35   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Iida Group Holdings Co. Ltd.                                     | Iida Group Holdings Co. Ltd.                                     | CUSIP: N/A<br>LEI: 35380051BV8PV1I4S949       | Long             | EC               | CORP              | JP        |      5000 | NS      | $75915.25     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen NV                                                         | Adyen NV                                                         | CUSIP: N/A<br>LEI: 724500973ODKK3IFQ447       | Long             | EC               | CORP              | NL        |       342 | NS      | $474781.46    | 0.18%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nissin Foods Holdings Co. Ltd.                                   | Nissin Foods Holdings Co. Ltd.                                   | CUSIP: N/A<br>LEI: 529900YMZMNSHC1W6V41       | Long             | EC               | CORP              | JP        |      9900 | NS      | $784025.01    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| JDE Peet's NV                                                    | JDE Peet's NV                                                    | CUSIP: N/A<br>LEI: 724500EHG519SE5ZRT89       | Long             | EC               | CORP              | NL        |     10614 | NS      | $307008.35    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Jeronimo Martins SGPS SA                                         | Jeronimo Martins SGPS SA                                         | CUSIP: N/A<br>LEI: 259400A8SZP10GB5IB19       | Long             | EC               | CORP              | PT        |     31651 | NS      | $684785.23    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp.                                            | Thomson Reuters Corp.                                            | CUSIP: 884903709<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |      1104 | NS      | $125940.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong & China Gas Co. Ltd.                                   | Hong Kong & China Gas Co. Ltd.                                   | CUSIP: N/A<br>LEI: 254900P7BETXGC7YU827       | Long             | EC               | CORP              | HK        |    681487 | NS      | $646328.00    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                                        | Danone SA                                                        | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     16364 | NS      | $862476.58    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi                                                           | Sanofi                                                           | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |      9982 | NS      | $962530.19    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Oversea-Chinese Banking Corp. Ltd.                               | Oversea-Chinese Banking Corp. Ltd.                               | CUSIP: N/A<br>LEI: 5493007O3QFXCPOGWK22       | Long             | EC               | CORP              | SG        |    325400 | NS      | $2959850.89   | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Next plc                                                         | Next plc                                                         | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |      5272 | NS      | $369413.05    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Bank Co. Ltd.                                         | Japan Post Bank Co. Ltd.                                         | CUSIP: N/A<br>LEI: 5493006JVO6N2HC2XZ76       | Long             | EC               | CORP              | JP        |    120000 | NS      | $1028754.36   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortescue Metals Group Ltd.                                      | Fortescue Metals Group Ltd.                                      | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |     29644 | NS      | $414338.77    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                                                          | GSK plc                                                          | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |     14212 | NS      | $245629.34    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Daito Trust Construction Co. Ltd.                                | Daito Trust Construction Co. Ltd.                                | CUSIP: N/A<br>LEI: 353800QQ4DRI3KXS3038       | Long             | EC               | CORP              | JP        |      5000 | NS      | $511914.39    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco plc                                     | British American Tobacco plc                                     | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |     70461 | NS      | $2787307.08   | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sino Land Co. Ltd.                                               | Sino Land Co. Ltd.                                               | CUSIP: N/A<br>LEI: 529900G5P51053HJVZ92       | Long             | EC               | CORP              | HK        |    124000 | NS      | $154663.45    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co. Ltd.                                        | Recruit Holdings Co. Ltd.                                        | CUSIP: N/A<br>LEI: 353800R2LRSMVVC4I806       | Long             | EC               | CORP              | JP        |      2500 | NS      | $78254.95     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Kirin Holdings Co. Ltd.                                          | Kirin Holdings Co. Ltd.                                          | CUSIP: 497350108<br>LEI: 353800GBVL72LLMTYM96 | Long             | EC               | CORP              | JP        |     28200 | NS      | $429808.61    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd.                                                     | Komatsu Ltd.                                                     | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |     14300 | NS      | $309082.00    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Budweiser Brewing Co. APAC Ltd.                                  | Budweiser Brewing Co. APAC Ltd.                                  | CUSIP: N/A<br>LEI: 549300YF1MR4GTF18132       | Long             | EC               | CORP              | KY        |    548300 | NS      | $1713983.78   | 0.63%             |  |  |  | Yes           |                  2 | On Loan: No      |
| La Francaise des Jeux SAEM                                       | La Francaise des Jeux SAEM                                       | CUSIP: N/A<br>LEI: 969500R4CLSQFTYYI535       | Long             | EC               | CORP              | FR        |      2348 | NS      | $94480.09     | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Deutsche Boerse AG                                               | Deutsche Boerse AG                                               | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |      1414 | NS      | $243476.92    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonic Healthcare Ltd.                                            | Sonic Healthcare Ltd.                                            | CUSIP: N/A<br>LEI: 549300NQQ5L2NONWR862       | Long             | EC               | CORP              | AU        |     62675 | NS      | $1275500.40   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Nitto Denko Corp.                                                | Nitto Denko Corp.                                                | CUSIP: N/A<br>LEI: 3538009GX5P09USH2J25       | Long             | EC               | CORP              | JP        |      7000 | NS      | $403162.87    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group plc                                               | Vodafone Group plc                                               | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |    980970 | NS      | $993445.63    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Tosoh Corp.                                                      | Tosoh Corp.                                                      | CUSIP: N/A<br>LEI: 529900YSLFVJF2MDBX02       | Long             | EC               | CORP              | JP        |     62300 | NS      | $740849.02    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| AP Moller - Maersk A/S                                           | AP Moller - Maersk A/S, Class B                                  | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |       113 | NS      | $252962.36    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Elisa OYJ                                                        | Elisa OYJ                                                        | CUSIP: N/A<br>LEI: 743700TU2S3DXWGU7H32       | Long             | EC               | CORP              | FI        |     11296 | NS      | $598746.33    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Treasury Wine Estates Ltd.                                       | Treasury Wine Estates Ltd.                                       | CUSIP: N/A<br>LEI: 529900LVOPJGAX6ILK66       | Long             | EC               | CORP              | AU        |    180326 | NS      | $1665926.19   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Neste OYJ                                                        | Neste OYJ                                                        | CUSIP: N/A<br>LEI: 5493009GY1X8GQ66AM14       | Long             | EC               | CORP              | FI        |      6625 | NS      | $305525.06    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Franco-Nevada Corp.                                              | Franco-Nevada Corp.                                              | CUSIP: 351858105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     17747 | NS      | $2419175.62   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                                        | Argenx SE                                                        | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |      2612 | NS      | $980560.64    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Coloplast A/S                                                    | Coloplast A/S, Class B                                           | CUSIP: N/A<br>LEI: 529900NN7SOJ5QG82X67       | Long             | EC               | CORP              | DK        |     16045 | NS      | $1879715.36   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Groupe Bruxelles Lambert NV                                      | Groupe Bruxelles Lambert NV                                      | CUSIP: N/A<br>LEI: 549300KV0ZEHT2KVU152       | Long             | EC               | CORP              | BE        |      6816 | NS      | $544719.31    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Gas Co. Ltd.                                               | Tokyo Gas Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800678EIJLOQSWZ83       | Long             | EC               | CORP              | JP        |     52800 | NS      | $1033813.50   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonova Holding AG                                                | Sonova Holding AG (Registered)                                   | CUSIP: N/A<br>LEI: 5299004A0QNX7FBNHS61       | Long             | EC               | CORP              | CH        |      3148 | NS      | $747646.16    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Remy Cointreau SA                                                | Remy Cointreau SA                                                | CUSIP: N/A<br>LEI: 5493004V6A3Z027YT216       | Long             | EC               | CORP              | FR        |      3386 | NS      | $570925.67    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA                                    | Industria de Diseno Textil SA                                    | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |     37696 | NS      | $1001245.34   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Cellulosa AB SCA                                         | Svenska Cellulosa AB SCA, Class B                                | CUSIP: N/A<br>LEI: 549300FW5JDRV1IJ0M67       | Long             | EC               | CORP              | SE        |      9174 | NS      | $116185.72    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hydro One Ltd.                                                   | Hydro One Ltd.                                                   | CUSIP: 448811208<br>LEI: 5493007QZDXTP1W2VL44 | Long             | EC               | CORP              | CA        |    107653 | NS      | $2883732.87   | 1.06%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Ipsen SA                                                         | Ipsen SA                                                         | CUSIP: N/A<br>LEI: 549300M6SGDPB4Z94P11       | Long             | EC               | CORP              | FR        |      8896 | NS      | $956859.31    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Chocoladefabriken Lindt & Spruengli AG                           | Chocoladefabriken Lindt & Spruengli AG                           | CUSIP: N/A<br>LEI: 529900JYJNNOKKAGK736       | Long             | EC               | CORP              | CH        |        93 | NS      | $947673.69    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Dentsu Group, Inc.                                               | Dentsu Group, Inc.                                               | CUSIP: N/A<br>LEI: 5299007PBBE83ZLJZG91       | Long             | EC               | CORP              | JP        |     19300 | NS      | $605454.18    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd.                                     | Sun Hung Kai Properties Ltd.                                     | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |     52000 | NS      | $710287.33    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Alimentation Couche-Tard, Inc.                                   | Alimentation Couche-Tard, Inc.                                   | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |     19691 | NS      | $865298.74    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Dai Nippon Printing Co. Ltd.                                     | Dai Nippon Printing Co. Ltd.                                     | CUSIP: N/A<br>LEI: 529900S7NFNQ4FT6OP83       | Long             | EC               | CORP              | JP        |      3800 | NS      | $76340.37     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Ageas SA/NV                                                      | Ageas SA/NV                                                      | CUSIP: N/A<br>LEI: 5493005DJBML6LY3RV36       | Long             | EC               | CORP              | BE        |     13886 | NS      | $616148.20    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Oil Ltd.                                                | Imperial Oil Ltd.                                                | CUSIP: 453038408<br>LEI: 549300JZNB745JT5WY51 | Long             | EC               | CORP              | CA        |     18089 | NS      | $881070.57    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion OYJ                                                        | Orion OYJ, Class B                                               | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |     22876 | NS      | $1254132.92   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Hamamatsu Photonics KK                                           | Hamamatsu Photonics KK                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     10300 | NS      | $491595.63    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Thales SA                                                        | Thales SA                                                        | CUSIP: N/A<br>LEI: 529900FNDVTQJOVVPZ19       | Long             | EC               | CORP              | FR        |      2441 | NS      | $311883.72    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore plc                                                     | Glencore plc                                                     | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |    254022 | NS      | $1693983.09   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Asset Holdings Ltd.                                           | CK Asset Holdings Ltd.                                           | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |     47500 | NS      | $291325.78    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Schindler Holding AG                                             | Schindler Holding AG                                             | CUSIP: N/A<br>LEI: 5299007DRLI319H7Q933       | Long             | EC               | CORP              | CH        |      2206 | NS      | $414909.63    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                                               | Koninklijke KPN NV                                               | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |     77116 | NS      | $238693.82    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Oracle Corp. Japan                                               | Oracle Corp. Japan                                               | CUSIP: N/A<br>LEI: 529900MIMKY9RU60Z323       | Long             | EC               | CORP              | JP        |     10200 | NS      | $663219.49    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| QBE Insurance Group Ltd.                                         | QBE Insurance Group Ltd.                                         | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |     31119 | NS      | $282302.12    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                                           | AXA SA                                                           | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |      8126 | NS      | $226354.10    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HKT Trust & HKT Ltd.                                             | HKT Trust & HKT Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |     74000 | NS      | $90585.17     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobayashi Pharmaceutical Co. Ltd.                                | Kobayashi Pharmaceutical Co. Ltd.                                | CUSIP: N/A<br>LEI: 529900WBSL04KD6TKP95       | Long             | EC               | CORP              | JP        |     30600 | NS      | $2097403.74   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd.                                              | Tokyo Electron Ltd.                                              | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |       500 | NS      | $146914.36    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd.                                               | Telstra Group Ltd.                                               | CUSIP: N/A<br>LEI: 894500WRW54CVN62K416       | Long             | EC               | CORP              | AU        |   1371473 | NS      | $3709070.04   | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Scout24 SE                                                       | Scout24 SE                                                       | CUSIP: N/A<br>LEI: 5493007EIKM2ENQS7U66       | Long             | EC               | CORP              | DE        |      1606 | NS      | $80835.87     | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hermes International                                             | Hermes International                                             | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |      1373 | NS      | $2125201.53   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                        | Bank of Nova Scotia (The)                                        | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     13052 | NS      | $639490.16    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                                                         | Enel SpA                                                         | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |     84666 | NS      | $455345.99    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                                   | Air Liquide SA                                                   | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |      8312 | NS      | $1179767.36   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands plc                                              | Imperial Brands plc                                              | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |     62773 | NS      | $1563746.90   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Baloise Holding AG                                               | Baloise Holding AG (Registered)                                  | CUSIP: N/A<br>LEI: 529900G5XKBZN48T6283       | Long             | EC               | CORP              | CH        |      7909 | NS      | $1219621.27   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Venture Corp. Ltd.                                               | Venture Corp. Ltd.                                               | CUSIP: N/A<br>LEI: 254900B1NLZC3J1MAE72       | Long             | EC               | CORP              | SG        |     47200 | NS      | $601619.94    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian National Railway Co.                                    | Canadian National Railway Co.                                    | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |      8138 | NS      | $966703.04    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Assets Holdings Ltd.                                       | Power Assets Holdings Ltd.                                       | CUSIP: N/A<br>LEI: 254900JOWYUW1ZX4DF47       | Long             | EC               | CORP              | HK        |    511500 | NS      | $2795588.10   | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Gjensidige Forsikring ASA                                        | Gjensidige Forsikring ASA                                        | CUSIP: N/A<br>LEI: 5967007LIEEXZX6FAO47       | Long             | EC               | CORP              | NO        |     57466 | NS      | $1127139.10   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                                                | Wolters Kluwer NV                                                | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |      1717 | NS      | $179658.84    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurofins Scientific SE                                           | Eurofins Scientific SE                                           | CUSIP: N/A<br>LEI: 529900JEHFM47DYY3S57       | Long             | EC               | CORP              | LU        |      3566 | NS      | $256032.41    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesco plc                                                        | Tesco plc                                                        | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |    356617 | NS      | $961036.22    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                                     | Iberdrola SA                                                     | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |     72838 | NS      | $850274.59    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Carl Zeiss Meditec AG                                            | Carl Zeiss Meditec AG                                            | CUSIP: N/A<br>LEI: 529900GRL4MZ8NMOOK95       | Long             | EC               | CORP              | DE        |       604 | NS      | $75919.14     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Randstad NV                                                      | Randstad NV                                                      | CUSIP: N/A<br>LEI: 7245009EAAUUQJ0U4T57       | Long             | EC               | CORP              | NL        |      9566 | NS      | $584505.72    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyocera Corp.                                                    | Kyocera Corp.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     11800 | NS      | $585712.91    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| BP plc                                                           | BP plc                                                           | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |    488010 | NS      | $2815789.27   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Associated British Foods plc                                     | Associated British Foods plc                                     | CUSIP: N/A<br>LEI: GBQKSY6W7G0OHCQ8OQ72       | Long             | EC               | CORP              | GB        |     55315 | NS      | $1048704.35   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Orkla ASA                                                        | Orkla ASA                                                        | CUSIP: N/A<br>LEI: 549300PZS8G8RG6RVZ52       | Long             | EC               | CORP              | NO        |    242946 | NS      | $1753421.90   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Telecommunications Ltd.                                | Singapore Telecommunications Ltd.                                | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |    942400 | NS      | $1806857.02   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| CyberAgent, Inc.                                                 | CyberAgent, Inc.                                                 | CUSIP: N/A<br>LEI: 3538006T5KZABPGS8Q08       | Long             | EC               | CORP              | JP        |     44500 | NS      | $396173.91    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| TIS, Inc.                                                        | TIS, Inc.                                                        | CUSIP: N/A<br>LEI: 35380064HYEZXBQHDF07       | Long             | EC               | CORP              | JP        |     28600 | NS      | $751658.68    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Computershare Ltd.                                               | Computershare Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     44637 | NS      | $786327.13    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                              | MSCI EAFE E-Mini Index                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        73 | NC      | $-117498.41   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| BioMerieux                                                       | BioMerieux                                                       | CUSIP: N/A<br>LEI: 549300AK8Y0LBIQ4T071       | Long             | EC               | CORP              | FR        |      2933 | NS      | $308151.54    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius Medical Care AG & Co. KGaA                             | Fresenius Medical Care AG & Co. KGaA                             | CUSIP: N/A<br>LEI: 549300CP8NY40UP89Q40       | Long             | EC               | CORP              | DE        |     12412 | NS      | $405407.55    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SCSK Corp.                                                       | SCSK Corp.                                                       | CUSIP: N/A<br>LEI: 529900SNGFXMSUBB7864       | Long             | EC               | CORP              | JP        |     30900 | NS      | $467725.22    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Intertek Group plc                                               | Intertek Group plc                                               | CUSIP: N/A<br>LEI: 2138003GAT25WW1RN369       | Long             | EC               | CORP              | GB        |      1716 | NS      | $83487.16     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Wesfarmers Ltd.                                                  | Wesfarmers Ltd.                                                  | CUSIP: N/A<br>LEI: 5493003L32ZX9557ST85       | Long             | EC               | CORP              | AU        |     47316 | NS      | $1475658.41   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Washington H Soul Pattinson & Co. Ltd.                           | Washington H Soul Pattinson & Co. Ltd.                           | CUSIP: N/A<br>LEI: 549300G2Q3P6ZVNC1465       | Long             | EC               | CORP              | AU        |     26419 | NS      | $495655.33    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco, Inc.                                              | Japan Tobacco, Inc.                                              | CUSIP: N/A<br>LEI: 353800Z0ENYBQO0XRJ31       | Long             | EC               | CORP              | JP        |    137300 | NS      | $2768000.12   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SMC Corp.                                                        | SMC Corp.                                                        | CUSIP: N/A<br>LEI: 353800O40V08DOZ70X62       | Long             | EC               | CORP              | JP        |       500 | NS      | $208776.90    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp.                                                     | Kajima Corp.                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     20800 | NS      | $242056.15    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Intact Financial Corp.                                           | Intact Financial Corp.                                           | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |     11764 | NS      | $1693442.57   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoya Corp.                                                       | Hoya Corp.                                                       | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |     26200 | NS      | $2509398.91   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyowa Kirin Co. Ltd.                                             | Kyowa Kirin Co. Ltd.                                             | CUSIP: N/A<br>LEI: 529900TBXKVTQGYA3582       | Long             | EC               | CORP              | JP        |     17700 | NS      | $405400.61    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Financial Square Funds - Treasury Instruments Fund | Goldman Sachs Financial Square Funds - Treasury Instruments Fund | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |       120 | NS      | $120.36       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                                              | Societe Generale SA                                              | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |     28921 | NS      | $725444.58    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Osaka Gas Co. Ltd.                                               | Osaka Gas Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800024KMNOPQRWZ02       | Long             | EC               | CORP              | JP        |     78500 | NS      | $1264878.44   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems plc                                                  | BAE Systems plc                                                  | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |      8069 | NS      | $83339.89     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd.                                     | Northern Star Resources Ltd.                                     | CUSIP: N/A<br>LEI: 254900XFXCRYYZAX6M78       | Long             | EC               | CORP              | AU        |    113662 | NS      | $850568.75    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Investor AB                                                      | Investor AB, Class B                                             | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |      5863 | NS      | $106125.91    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Kao Corp.                                                        | Kao Corp.                                                        | CUSIP: N/A<br>LEI: 353800HM38HFCB8RGL63       | Long             | EC               | CORP              | JP        |      4100 | NS      | $162771.85    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                                    | Koninklijke Ahold Delhaize NV                                    | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |     68185 | NS      | $1960406.41   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJIFILM Holdings Corp.                                          | FUJIFILM Holdings Corp.                                          | CUSIP: N/A<br>LEI: 529900UBKMFM0ST6H474       | Long             | EC               | CORP              | JP        |     20000 | NS      | $1000028.91   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Brother Industries Ltd.                                          | Brother Industries Ltd.                                          | CUSIP: 114813108<br>LEI: 549300O5FACQ67KI6R92 | Long             | EC               | CORP              | JP        |     50800 | NS      | $767774.92    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Nokia OYJ                                                        | Nokia OYJ                                                        | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |     79412 | NS      | $368924.46    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Loblaw Cos. Ltd.                                                 | Loblaw Cos. Ltd.                                                 | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |     37753 | NS      | $3338101.30   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Swisscom AG                                                      | Swisscom AG (Registered)                                         | CUSIP: N/A<br>LEI: 5493005SL9HHOXS3B739       | Long             | EC               | CORP              | CH        |      5381 | NS      | $2947772.12   | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                                  | ASML Holding NV                                                  | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      1316 | NS      | $717551.77    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sage Group plc (The)                                             | Sage Group plc (The)                                             | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |    125322 | NS      | $1128487.47   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| BCE, Inc.                                                        | BCE, Inc.                                                        | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |     42753 | NS      | $1878416.52   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| West Fraser Timber Co. Ltd.                                      | West Fraser Timber Co. Ltd.                                      | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |      9436 | NS      | $681357.25    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd.                                          | DBS Group Holdings Ltd.                                          | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |     56200 | NS      | $1422512.11   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuehne + Nagel International AG                                  | Kuehne + Nagel International AG (Registered)                     | CUSIP: N/A<br>LEI: 529900Q0YED3805QXQ66       | Long             | EC               | CORP              | CH        |      4123 | NS      | $958526.37    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Seng Bank Ltd.                                              | Hang Seng Bank Ltd.                                              | CUSIP: N/A<br>LEI: 5493009Z5F07LWZYMK62       | Long             | EC               | CORP              | HK        |     15900 | NS      | $263724.49    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group plc                                      | Reckitt Benckiser Group plc                                      | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |     15797 | NS      | $1094990.67   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon, Inc.                                                      | Canon, Inc.                                                      | CUSIP: N/A<br>LEI: 529900JH1GSC035SSP77       | Long             | EC               | CORP              | JP        |     59500 | NS      | $1287822.16   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Kikkoman Corp.                                                   | Kikkoman Corp.                                                   | CUSIP: N/A<br>LEI: 529900T9K5UH9HXOND47       | Long             | EC               | CORP              | JP        |     12500 | NS      | $657957.70    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd.                                                   | BHP Group Ltd.                                                   | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |     81929 | NS      | $2537910.10   | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Corp.                                                     | Otsuka Corp.                                                     | CUSIP: N/A<br>LEI: 529900RG9DJ58J3UIE72       | Long             | EC               | CORP              | JP        |     24700 | NS      | $778553.14    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Hakuhodo DY Holdings, Inc.                                       | Hakuhodo DY Holdings, Inc.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     16400 | NS      | $164591.42    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| STMicroelectronics NV                                            | STMicroelectronics NV                                            | CUSIP: N/A<br>LEI: 213800Z8NOHIKRI42W10       | Long             | EC               | CORP              | NL        |      2442 | NS      | $86779.07     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co. Ltd.                                                | Nintendo Co. Ltd.                                                | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |     23000 | NS      | $967071.35    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Elia Group SA/NV                                                 | Elia Group SA/NV                                                 | CUSIP: N/A<br>LEI: 549300S1MP1NFDIKT460       | Long             | EC               | CORP              | BE        |      3102 | NS      | $440989.08    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                                           | SAP SE                                                           | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |     13317 | NS      | $1374856.90   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Hutchison Holdings Ltd.                                       | CK Hutchison Holdings Ltd.                                       | CUSIP: N/A<br>LEI: 254900Z8HM1VEPOQ2G79       | Long             | EC               | CORP              | KY        |     47000 | NS      | $281570.04    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Diageo plc                                                       | Diageo plc                                                       | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |     61975 | NS      | $2712761.93   | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoshizaki Corp.                                                  | Hoshizaki Corp.                                                  | CUSIP: N/A<br>LEI: 5299001QAMLGU3SRBG20       | Long             | EC               | CORP              | JP        |      2800 | NS      | $98453.70     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Systemes SE                                             | Dassault Systemes SE                                             | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |     20125 | NS      | $723688.35    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Rohm Co. Ltd.                                                    | Rohm Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 5493009V2FGDEP7JFE59       | Long             | EC               | CORP              | JP        |      1200 | NS      | $86027.25     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Assicurazioni Generali SpA                                       | Assicurazioni Generali SpA                                       | CUSIP: N/A<br>LEI: 549300X5UKJVE386ZB61       | Long             | EC               | CORP              | IT        |     13836 | NS      | $246038.89    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui Chemical Co. Ltd.                                        | Sekisui Chemical Co. Ltd.                                        | CUSIP: N/A<br>LEI: 529900KQIVT7NWFNMI70       | Long             | EC               | CORP              | JP        |     20900 | NS      | $291310.42    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Koito Manufacturing Co. Ltd.                                     | Koito Manufacturing Co. Ltd.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     57600 | NS      | $858710.33    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Bandai Namco Holdings, Inc.                                      | Bandai Namco Holdings, Inc.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      4900 | NS      | $307129.22    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Seven & i Holdings Co. Ltd.                                      | Seven & i Holdings Co. Ltd.                                      | CUSIP: N/A<br>LEI: 52990037G8JRM3TWGY86       | Long             | EC               | CORP              | JP        |     17300 | NS      | $741415.26    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Matthey plc                                              | Johnson Matthey plc                                              | CUSIP: N/A<br>LEI: 2138001AVBSD1HSC6Z10       | Long             | EC               | CORP              | GB        |      5364 | NS      | $137088.75    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Barry Callebaut AG                                               | Barry Callebaut AG (Registered)                                  | CUSIP: N/A<br>LEI: 213800Y5RWKLDPUTT265       | Long             | EC               | CORP              | CH        |       263 | NS      | $519359.54    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Ono Pharmaceutical Co. Ltd.                                      | Ono Pharmaceutical Co. Ltd.                                      | CUSIP: N/A<br>LEI: 529900G26L4NG4GFJZ86       | Long             | EC               | CORP              | JP        |      7600 | NS      | $177639.26    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Cochlear Ltd.                                                    | Cochlear Ltd.                                                    | CUSIP: N/A<br>LEI: 5493001OLLWY8KV5UC08       | Long             | EC               | CORP              | AU        |      6115 | NS      | $844526.91    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                             | Royal Bank of Canada                                             | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |     12411 | NS      | $1166853.99   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever plc                                                     | Unilever plc                                                     | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |     16294 | NS      | $822648.89    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Bechtle AG                                                       | Bechtle AG                                                       | CUSIP: N/A<br>LEI: 529900HA2QT774RUXW59       | Long             | EC               | CORP              | DE        |      2099 | NS      | $74195.84     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Securitas AB                                                     | Securitas AB, Class B                                            | CUSIP: N/A<br>LEI: 635400TTYKE8EIWDS617       | Long             | EC               | CORP              | SE        |     28881 | NS      | $240996.27    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Norsk Hydro ASA                                                  | Norsk Hydro ASA                                                  | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |    105317 | NS      | $786967.26    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Concordia Financial Group Ltd.                                   | Concordia Financial Group Ltd.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     31400 | NS      | $131108.37    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                                                 | Novo Nordisk A/S, Class B                                        | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     25856 | NS      | $3511647.18   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| George Weston Ltd.                                               | George Weston Ltd.                                               | CUSIP: 961148509<br>LEI: 549300FAHC3L1QKNT280 | Long             | EC               | CORP              | CA        |      1315 | NS      | $163151.29    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Algonquin Power & Utilities Corp.                                | Algonquin Power & Utilities Corp.                                | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |     27779 | NS      | $180953.31    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim AG                                                        | Holcim AG                                                        | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |      1641 | NS      | $84943.56     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SITC International Holdings Co. Ltd.                             | SITC International Holdings Co. Ltd.                             | CUSIP: N/A<br>LEI: 529900JUV4MOM9CE3V12       | Long             | EC               | CORP              | KY        |     40000 | NS      | $88657.60     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| QIAGEN NV                                                        | QIAGEN NV                                                        | CUSIP: N/A<br>LEI: 54930036WK3GMCN17Z57       | Long             | EC               | CORP              | NL        |     18909 | NS      | $950565.77    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Kakaku.com, Inc.                                                 | Kakaku.com, Inc.                                                 | CUSIP: N/A<br>LEI: 353800KA15Y0DCPWYY65       | Long             | EC               | CORP              | JP        |      7400 | NS      | $118737.85    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Schroders plc                                                    | Schroders plc                                                    | CUSIP: N/A<br>LEI: 2138001YYBULX5SZ2H24       | Long             | EC               | CORP              | GB        |     20076 | NS      | $105489.18    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid plc                                                | National Grid plc                                                | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |     71175 | NS      | $852630.74    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                                 | Roche Holding AG                                                 | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      6529 | NS      | $2051657.01   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                                       | Allianz SE (Registered)                                          | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |      1648 | NS      | $351943.28    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica Deutschland Holding AG                                | Telefonica Deutschland Holding AG                                | CUSIP: N/A<br>LEI: 391200ECRPJ3SWQJUM30       | Long             | EC               | CORP              | DE        |    409591 | NS      | $1005961.44   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp.                                                       | KDDI Corp.                                                       | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |    120400 | NS      | $3651358.23   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Vivendi SE                                                       | Vivendi SE                                                       | CUSIP: N/A<br>LEI: 969500FU4DRAEVJW7U54       | Long             | EC               | CORP              | FR        |     38148 | NS      | $364425.69    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Aurizon Holdings Ltd.                                            | Aurizon Holdings Ltd.                                            | CUSIP: N/A<br>LEI: 5299005PC1O6NOWL3H48       | Long             | EC               | CORP              | AU        |    318648 | NS      | $807275.42    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Limited Purpose Cash Investment Fund                             | Limited Purpose Cash Investment Fund                             | CUSIP: 90262Y729<br>LEI: 549300GUQBQJ6160QP80 | Long             | STIV             | RF                | US        |   8944291 | NS      | $8940713.53   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugai Pharmaceutical Co. Ltd.                                   | Chugai Pharmaceutical Co. Ltd.                                   | CUSIP: N/A<br>LEI: 529900T9LAII161DCN95       | Long             | EC               | CORP              | JP        |     23400 | NS      | $596858.47    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell plc                                                        | Shell plc                                                        | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     64890 | NS      | $1829302.16   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Research Institute Ltd.                                   | Nomura Research Institute Ltd.                                   | CUSIP: N/A<br>LEI: 5299005F1HCVF4M4QN79       | Long             | EC               | CORP              | JP        |      7461 | NS      | $177377.38    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Mowi ASA                                                         | Mowi ASA                                                         | CUSIP: N/A<br>LEI: 549300W1OGQF5LZIH349       | Long             | EC               | CORP              | NO        |     55386 | NS      | $943793.83    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| CGI, Inc.                                                        | CGI, Inc.                                                        | CUSIP: 12532H104<br>LEI: 549300WSRCZY73ZG3090 | Long             | EC               | CORP              | CA        |     13989 | NS      | $1205802.21   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Suntory Beverage & Food Ltd.                                     | Suntory Beverage & Food Ltd.                                     | CUSIP: N/A<br>LEI: 549300FONLMVK7YYYH41       | Long             | EC               | CORP              | JP        |     49600 | NS      | $1688989.13   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                               | Banco Bilbao Vizcaya Argentaria SA                               | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |    166504 | NS      | $1002898.33   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Life Financial, Inc.                                         | Sun Life Financial, Inc.                                         | CUSIP: 866796105<br>LEI: 549300V040JZX5S66Z78 | Long             | EC               | CORP              | CA        |      4802 | NS      | $222899.34    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Swire Properties Ltd.                                            | Swire Properties Ltd.                                            | CUSIP: N/A<br>LEI: 5299001L12PHYVQ92465       | Long             | EC               | CORP              | HK        |    125800 | NS      | $318638.16    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Carrefour SA                                                     | Carrefour SA                                                     | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |     37290 | NS      | $623710.79    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Proximus SADP                                                    | Proximus SADP                                                    | CUSIP: N/A<br>LEI: 549300CWRXC5EP004533       | Long             | EC               | CORP              | BE        |     34375 | NS      | $331885.83    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Genmab A/S                                                       | Genmab A/S                                                       | CUSIP: N/A<br>LEI: 529900MTJPDPE4MHJ122       | Long             | EC               | CORP              | DK        |      2332 | NS      | $985957.44    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Wilmar International Ltd.                                        | Wilmar International Ltd.                                        | CUSIP: N/A<br>LEI: 549300H2EAI4YRLWBB20       | Long             | EC               | CORP              | SG        |    155300 | NS      | $483817.95    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| USS Co. Ltd.                                                     | USS Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 5299000RRQD6UZXG4W72       | Long             | EC               | CORP              | JP        |     24000 | NS      | $380809.85    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| WiseTech Global Ltd.                                             | WiseTech Global Ltd.                                             | CUSIP: N/A<br>LEI: 254900VE3AF301Q85K83       | Long             | EC               | CORP              | AU        |     17122 | NS      | $588867.38    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Holdings Co. Ltd.                                     | Japan Post Holdings Co. Ltd.                                     | CUSIP: N/A<br>LEI: 5299003D9N4JBS256X18       | Long             | EC               | CORP              | JP        |     68600 | NS      | $577197.46    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Wheaton Precious Metals Corp.                                    | Wheaton Precious Metals Corp.                                    | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     37759 | NS      | $1475222.38   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Geberit AG                                                       | Geberit AG (Registered)                                          | CUSIP: N/A<br>LEI: 52990093Z5OHD6T7BS47       | Long             | EC               | CORP              | CH        |       569 | NS      | $268613.83    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Manulife Financial Corp.                                         | Manulife Financial Corp.                                         | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |      6431 | NS      | $114703.58    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Straumann Holding AG                                             | Straumann Holding AG (Registered)                                | CUSIP: N/A<br>LEI: 50670046ML5FVIM60Z37       | Long             | EC               | CORP              | CH        |      1366 | NS      | $156640.84    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                                        | Zurich Insurance Group AG                                        | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |      2611 | NS      | $1248259.94   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                 | Bank of Montreal                                                 | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | CORP              | CA        |      1972 | NS      | $178645.14    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Worldline SA                                                     | Worldline SA                                                     | CUSIP: N/A<br>LEI: 549300CJMQNCA0U4TS33       | Long             | EC               | CORP              | FR        |      7255 | NS      | $284123.70    | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| J Sainsbury plc                                                  | J Sainsbury plc                                                  | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |    214882 | NS      | $563596.34    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Endesa SA                                                        | Endesa SA                                                        | CUSIP: N/A<br>LEI: 549300LHK07F2CHV4X31       | Long             | EC               | CORP              | ES        |      8628 | NS      | $162608.05    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Secom Co. Ltd.                                                   | Secom Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 529900TYCL9N3E9PGE47       | Long             | EC               | CORP              | JP        |      7800 | NS      | $445051.20    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Persimmon plc                                                    | Persimmon plc                                                    | CUSIP: N/A<br>LEI: 213800XI72Y57UWN6F31       | Long             | EC               | CORP              | GB        |     19831 | NS      | $290774.59    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Astellas Pharma, Inc.                                            | Astellas Pharma, Inc.                                            | CUSIP: N/A<br>LEI: 529900IB708DY2HBBB35       | Long             | EC               | CORP              | JP        |     99600 | NS      | $1514481.18   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Capcom Co. Ltd.                                                  | Capcom Co. Ltd.                                                  | CUSIP: N/A<br>LEI: 529900JJWQKXS3TC8744       | Long             | EC               | CORP              | JP        |     53100 | NS      | $1694978.37   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                                 | ArcelorMittal SA                                                 | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |      3269 | NS      | $86243.27     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie Generale des Etablissements Michelin SCA                     | Cie Generale des Etablissements Michelin SCA                     | CUSIP: N/A<br>LEI: 549300SOSI58J6VIW052       | Long             | EC               | CORP              | FR        |      3027 | NS      | $84324.06     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sandvik AB                                                       | Sandvik AB                                                       | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               | CORP              | SE        |      5184 | NS      | $93683.10     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| REA Group Ltd.                                                   | REA Group Ltd.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     11792 | NS      | $886835.52    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Red Electrica Corp. SA                                           | Red Electrica Corp. SA                                           | CUSIP: N/A<br>LEI: 5493009HMD0C90GUV498       | Long             | EC               | CORP              | ES        |     36434 | NS      | $633520.74    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                                  | AstraZeneca plc                                                  | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     12430 | NS      | $1682019.92   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Holdings Co. Ltd.                                         | Otsuka Holdings Co. Ltd.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     19600 | NS      | $639209.71    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Beiersdorf AG                                                    | Beiersdorf AG                                                    | CUSIP: N/A<br>LEI: L47NHHI0Z9X22DV46U41       | Long             | EC               | CORP              | DE        |     27467 | NS      | $3138704.98   | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Renesas Electronics Corp.                                        | Renesas Electronics Corp.                                        | CUSIP: N/A<br>LEI: 5299000EPC47VJQOFB81       | Long             | EC               | CORP              | JP        |     57300 | NS      | $506432.54    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Nexon Co. Ltd.                                                   | Nexon Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 5299005SFO0GAJFLKN43       | Long             | EC               | CORP              | JP        |     57100 | NS      | $1281935.65   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Rogers Communications, Inc.                                      | Rogers Communications, Inc., Class B                             | CUSIP: 775109200<br>LEI: 54930030NVF3Y2OL0A78 | Long             | EC               | CORP              | CA        |      9625 | NS      | $450469.90    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto plc                                                    | Rio Tinto plc                                                    | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |      7399 | NS      | $520771.52    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicharm Corp.                                                   | Unicharm Corp.                                                   | CUSIP: N/A<br>LEI: 353800UQ4BZIJTAQEG85       | Long             | EC               | CORP              | JP        |     14500 | NS      | $555150.34    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Trend Micro, Inc.                                                | Trend Micro, Inc.                                                | CUSIP: N/A<br>LEI: 3538005O5UJ5RNAGVE16       | Long             | EC               | CORP              | JP        |     14900 | NS      | $696833.47    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinor ASA                                                      | Equinor ASA                                                      | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |     28082 | NS      | $1009274.84   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Nisshin Seifun Group, Inc.                                       | Nisshin Seifun Group, Inc.                                       | CUSIP: N/A<br>LEI: 529900N4QFZS1P6PYX29       | Long             | EC               | CORP              | JP        |     41800 | NS      | $525342.05    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Rational AG                                                      | Rational AG                                                      | CUSIP: N/A<br>LEI: 529900K139N6UFJ1A758       | Long             | EC               | CORP              | DE        |       525 | NS      | $311759.34    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Yara International ASA                                           | Yara International ASA                                           | CUSIP: N/A<br>LEI: 213800WKOUWXWFJ5Z514       | Long             | EC               | CORP              | NO        |     15382 | NS      | $675530.99    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Teck Resources Ltd.                                              | Teck Resources Ltd., Class B                                     | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     10519 | NS      | $397531.19    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Corp.                                                   | SoftBank Corp.                                                   | CUSIP: N/A<br>LEI: 353800M1YCTS9JRBJ535       | Long             | EC               | CORP              | JP        |     55700 | NS      | $630171.65    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Telegraph & Telephone Corp.                               | Nippon Telegraph & Telephone Corp.                               | CUSIP: N/A<br>LEI: 353800VHQU5VIXVUA841       | Long             | EC               | CORP              | JP        |     71400 | NS      | $2036221.70   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo AB                                                         | Volvo AB, Class B                                                | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |     23056 | NS      | $416474.31    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MTR Corp. Ltd.                                                   | MTR Corp. Ltd.                                                   | CUSIP: N/A<br>LEI: 254900IH4U9NHH9AQM97       | Long             | EC               | CORP              | HK        |    190500 | NS      | $1007526.45   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd.                                                   | AIA Group Ltd.                                                   | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |     52000 | NS      | $574256.36    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Carlsberg A/S                                                    | Carlsberg A/S, Class B                                           | CUSIP: N/A<br>LEI: 5299001O0WJQYB5GYZ19       | Long             | EC               | CORP              | DK        |      5364 | NS      | $711518.33    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                                 | TotalEnergies SE                                                 | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     42453 | NS      | $2664910.81   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Woolworths Group Ltd.                                            | Woolworths Group Ltd.                                            | CUSIP: N/A<br>LEI: QNWEWQBS7HP85QHXQL92       | Long             | EC               | CORP              | AU        |     95521 | NS      | $2181262.80   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Shizuoka Financial Group, Inc.                                   | Shizuoka Financial Group, Inc.                                   | CUSIP: N/A<br>LEI: 353800MNO5C8V2SHGA81       | Long             | EC               | CORP              | JP        |     98100 | NS      | $786124.11    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Kone OYJ                                                         | Kone OYJ, Class B                                                | CUSIP: N/A<br>LEI: 2138001CNF45JP5XZK38       | Long             | EC               | CORP              | FI        |      4637 | NS      | $240065.65    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                                         | Engie SA                                                         | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |     76996 | NS      | $1101511.64   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Salmar ASA                                                       | Salmar ASA                                                       | CUSIP: N/A<br>LEI: 5967007LIEEXZXGDBK67       | Long             | EC               | CORP              | NO        |      2355 | NS      | $92354.60     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Lonza Group AG                                                   | Lonza Group AG (Registered)                                      | CUSIP: N/A<br>LEI: 549300EFW4H2TCZ71055       | Long             | EC               | CORP              | CH        |       644 | NS      | $316123.79    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                                        | Nestle SA (Registered)                                           | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     29022 | NS      | $3352314.80   | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Admiral Group plc                                                | Admiral Group plc                                                | CUSIP: N/A<br>LEI: 213800FGVM7Z9EJB2685       | Long             | EC               | CORP              | GB        |     43322 | NS      | $1112114.63   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| SGS SA                                                           | SGS SA (Registered)                                              | CUSIP: N/A<br>LEI: 2138007JNS19JHNA2336       | Long             | EC               | CORP              | CH        |        50 | NS      | $116467.01    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Coles Group Ltd.                                                 | Coles Group Ltd.                                                 | CUSIP: N/A<br>LEI: 549300OHQRG2HN8LZ793       | Long             | EC               | CORP              | AU        |     64049 | NS      | $726035.55    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                                                     | KBC Group NV                                                     | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |     12221 | NS      | $786853.10    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortis, Inc.                                                     | Fortis, Inc.                                                     | CUSIP: 349553107<br>LEI: 549300MQYQ9Y065XPR71 | Long             | EC               | CORP              | CA        |     43359 | NS      | $1735000.46   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola HBC AG                                                 | Coca-Cola HBC AG                                                 | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |     28120 | NS      | $664723.12    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Boliden AB                                                       | Boliden AB                                                       | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |     13553 | NS      | $509080.46    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Ito En Ltd.                                                      | Ito En Ltd.                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      2300 | NS      | $83706.22     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| McDonald's Holdings Co. Japan Ltd.                               | McDonald's Holdings Co. Japan Ltd.                               | CUSIP: N/A<br>LEI: 529900FY9FV0AYNRC729       | Long             | EC               | CORP              | JP        |      2300 | NS      | $87414.71     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Obic Co. Ltd.                                                    | Obic Co. Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      1400 | NS      | $205532.70    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Dassault Aviation SA                                             | Dassault Aviation SA                                             | CUSIP: N/A<br>LEI: 969500CVFTUT88V8QN95       | Long             | EC               | CORP              | FR        |      8632 | NS      | $1463927.88   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Smith & Nephew plc                                               | Smith & Nephew plc                                               | CUSIP: N/A<br>LEI: 213800ZTMDN8S67S1H61       | Long             | EC               | CORP              | GB        |     27031 | NS      | $360994.38    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Yakult Honsha Co. Ltd.                                           | Yakult Honsha Co. Ltd.                                           | CUSIP: N/A<br>LEI: 353800YJPSPGG7KI0S71       | Long             | EC               | CORP              | JP        |     36000 | NS      | $2343513.36   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC Hong Kong Holdings Ltd.                                      | BOC Hong Kong Holdings Ltd.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |    346500 | NS      | $1176297.11   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-Kymmene OYJ                                                  | UPM-Kymmene OYJ                                                  | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |     10003 | NS      | $374326.15    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| CLP Holdings Ltd.                                                | CLP Holdings Ltd.                                                | CUSIP: N/A<br>LEI: 25490002BUTSMP94GO68       | Long             | EC               | CORP              | HK        |    318500 | NS      | $2320454.84   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| South32 Ltd.                                                     | South32 Ltd.                                                     | CUSIP: N/A<br>LEI: 213800LAZNPXSBKVHR17       | Long             | EC               | CORP              | AU        |    186621 | NS      | $511645.51    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Alcon, Inc.                                                      | Alcon, Inc.                                                      | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |      4045 | NS      | $277563.72    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Sysmex Corp.                                                     | Sysmex Corp.                                                     | CUSIP: N/A<br>LEI: 5299001ZO4CKWACMZI55       | Long             | EC               | CORP              | JP        |     10700 | NS      | $645965.45    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                                         | Tele2 AB, Class B                                                | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |    139048 | NS      | $1134331.45   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| OCI NV                                                           | OCI NV                                                           | CUSIP: N/A<br>LEI: 549300NCMRGIBJYUOE57       | Long             | EC               | CORP              | NL        |      4124 | NS      | $147443.26    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd.                                                     | Fujitsu Ltd.                                                     | CUSIP: N/A<br>LEI: 3538000246DHJLRTUZ24       | Long             | EC               | CORP              | JP        |      9200 | NS      | $1226522.34   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Medibank Pvt Ltd.                                                | Medibank Pvt Ltd.                                                | CUSIP: N/A<br>LEI: BDYVSUPTML83OLINBJ17       | Long             | EC               | CORP              | AU        |     77630 | NS      | $154874.84    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissan Chemical Corp.                                            | Nissan Chemical Corp.                                            | CUSIP: N/A<br>LEI: 3538002E4L1CUGJFFU25       | Long             | EC               | CORP              | JP        |      2400 | NS      | $104657.28    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                                     | CaixaBank SA                                                     | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |     31123 | NS      | $122026.85    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Vicinity Ltd.                                                    | Vicinity Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    105078 | NS      | $141886.65    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                                      | Novartis AG (Registered)                                         | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |     29656 | NS      | $2683792.53   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedish Orphan Biovitrum AB                                      | Swedish Orphan Biovitrum AB                                      | CUSIP: N/A<br>LEI: 549300124Y3MQI87PT35       | Long             | EC               | CORP              | SE        |     65946 | NS      | $1364881.56   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Keyence Corp.                                                    | Keyence Corp.                                                    | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |      2200 | NS      | $854138.52    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Software, Inc.                                     | Constellation Software, Inc.                                     | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |       965 | NS      | $1506625.85   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Essity AB                                                        | Essity AB, Class B                                               | CUSIP: N/A<br>LEI: 549300G8E6YUVJ1DA153       | Long             | EC               | CORP              | SE        |     24951 | NS      | $653396.55    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Chow Tai Fook Jewellery Group Ltd.                               | Chow Tai Fook Jewellery Group Ltd.                               | CUSIP: N/A<br>LEI: 254900VXRL7SRSF44G79       | Long             | EC               | CORP              | KY        |    127200 | NS      | $258490.92    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrivarden AB                                                | Industrivarden AB, Class A                                       | CUSIP: N/A<br>LEI: 549300TM1DLIQI3B3T37       | Long             | EC               | CORP              | SE        |     19314 | NS      | $469775.70    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Disco Corp.                                                      | Disco Corp.                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      3300 | NS      | $940569.54    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Seiko Epson Corp.                                                | Seiko Epson Corp.                                                | CUSIP: N/A<br>LEI: 549300NIOFQDR749W206       | Long             | EC               | CORP              | JP        |     29100 | NS      | $423376.89    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Konami Group Corp.                                               | Konami Group Corp.                                               | CUSIP: N/A<br>LEI: 353800FC4A5QCMIZFV94       | Long             | EC               | CORP              | JP        |      1700 | NS      | $77116.72     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                                     | Capgemini SE                                                     | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |      2765 | NS      | $462242.19    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinross Gold Corp.                                               | Kinross Gold Corp.                                               | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |     62270 | NS      | $253862.92    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondi plc                                                        | Mondi plc                                                        | CUSIP: N/A<br>LEI: 213800LOZA69QFDC9N34       | Long             | EC               | CORP              | GB        |     24674 | NS      | $417259.74    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ROCKWOOL A/S                                                     | ROCKWOOL A/S, Class B                                            | CUSIP: N/A<br>LEI: 213800QRC7LNX935OZ09       | Long             | EC               | CORP              | DK        |       758 | NS      | $177450.00    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| L E Lundbergforetagen AB                                         | L E Lundbergforetagen AB, Class B                                | CUSIP: N/A<br>LEI: 529900BPSFZS6O3A9R04       | Long             | EC               | CORP              | SE        |     10068 | NS      | $429232.43    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co. Ltd.                                      | Shin-Etsu Chemical Co. Ltd.                                      | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |       700 | NS      | $85478.55     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| UCB SA                                                           | UCB SA                                                           | CUSIP: N/A<br>LEI: 2138008J191VLSGY5A09       | Long             | EC               | CORP              | BE        |      1727 | NS      | $136076.46    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                                                       | L'Oreal SA                                                       | CUSIP: N/A<br>LEI: 529900JI1GG6F7RKVI53       | Long             | EC               | CORP              | FR        |      9056 | NS      | $3242933.28   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Auto Trader Group plc                                            | Auto Trader Group plc                                            | CUSIP: N/A<br>LEI: 213800QLK9BZILB1DI86       | Long             | EC               | CORP              | GB        |    271631 | NS      | $1691542.42   | 0.62%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kingfisher plc                                                   | Kingfisher plc                                                   | CUSIP: N/A<br>LEI: 213800KBMEV7I92FY281       | Long             | EC               | CORP              | GB        |     52924 | NS      | $150369.06    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Pan American Silver Corp.                                        | Pan American Silver Corp.                                        | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |      9337 | NS      | $152398.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Koei Tecmo Holdings Co. Ltd.                                     | Koei Tecmo Holdings Co. Ltd.                                     | CUSIP: N/A<br>LEI: 353800RQ25FIYLPYXP11       | Long             | EC               | CORP              | JP        |     31400 | NS      | $567916.38    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd.                                          | Agnico Eagle Mines Ltd.                                          | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |     24222 | NS      | $1258685.32   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Metro, Inc.                                                      | Metro, Inc.                                                      | CUSIP: 59162N109<br>LEI: 549300KQ7DCG4IXSNW78 | Long             | EC               | CORP              | CA        |     43531 | NS      | $2410279.96   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Emera, Inc.                                                      | Emera, Inc.                                                      | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |     14915 | NS      | $570052.62    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bouygues SA                                                      | Bouygues SA                                                      | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |     25369 | NS      | $760861.11    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Re AG                                                      | Swiss Re AG                                                      | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |      4603 | NS      | $430386.87    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp.                                        | Mitsubishi Electric Corp.                                        | CUSIP: N/A<br>LEI: 549300TRXM9Y6561AX39       | Long             | EC               | CORP              | JP        |     10200 | NS      | $101071.19    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hannover Rueck SE                                                | Hannover Rueck SE                                                | CUSIP: N/A<br>LEI: 529900KIN5BE45V5KB18       | Long             | EC               | CORP              | DE        |      1051 | NS      | $207370.46    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                               | Canadian Imperial Bank of Commerce                               | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |     38230 | NS      | $1546423.26   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson plc                                                     | Ferguson plc                                                     | CUSIP: N/A<br>LEI: 213800DU1LGY3R2S2X42       | Long             | EC               | CORP              | JE        |      3146 | NS      | $394961.04    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MTU Aero Engines AG                                              | MTU Aero Engines AG                                              | CUSIP: N/A<br>LEI: 529900807L67JY81RD65       | Long             | EC               | CORP              | DE        |       454 | NS      | $97671.42     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing Co. Ltd.                                    | Murata Manufacturing Co. Ltd.                                    | CUSIP: N/A<br>LEI: 529900QZG6DL8ZRI7140       | Long             | EC               | CORP              | JP        |      1500 | NS      | $73972.78     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                                                 | Pernod Ricard SA                                                 | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |      3684 | NS      | $724726.38    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Ltd.                                    | Canadian Pacific Railway Ltd.                                    | CUSIP: 13645T100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     12615 | NS      | $940534.90    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| United Overseas Bank Ltd.                                        | United Overseas Bank Ltd.                                        | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |     70900 | NS      | $1624024.37   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Aviva plc                                                        | Aviva plc                                                        | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |     79813 | NS      | $423379.69    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                 | Deutsche Bank AG (Registered)                                    | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |     42146 | NS      | $473787.16    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                                             | Henkel AG & Co. KGaA (Preference)                                | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     38158 | NS      | $2644836.14   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| EMS-Chemie Holding AG                                            | EMS-Chemie Holding AG (Registered)                               | CUSIP: N/A<br>LEI: 529900G1XFTGSE0DIX60       | Long             | EC               | CORP              | CH        |       677 | NS      | $458532.86    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** AQR Funds

**Signature:** Matt Plastina

**Name of Signer:** Matt Plastina

**Title:** Principal Financial Officer