# EDGAR Filing Document

**Accession Number:** 0000729218
**File Stem:** 0000035402-25-000696
**Filing Date:** 2025-9
**Character Count:** 42470
**Document Hash:** 289d5d08a9dcb23550e73cc765ca032d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-000696.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000035402-25-000696

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY ADVISOR SERIES VIII
- **CENTRAL INDEX KEY:** 0000729218

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03855
- **FILM NUMBER:** 251349176

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY SPECIAL SITUATIONS FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Fidelity Advisor International Capital Appreciation Fund (Series ID: S000005441)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000014821 | Class A                                          | FCPAX           |
| C000014823 | Class C                                          | FCPCX           |
| C000014824 | Class M                                          | FIATX           |
| C000014825 | Class I                                          | FCPIX           |
| C000177523 | Class Z                                          | FIDZX           |
| C000259428 | Fidelity International Capital Appreciation Fund | FICQX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity Advisor® International Capital Appreciation Fund**

**July 31, 2025**

AICAP-NPRT3-0925

1.804862.121 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 99.0%** | &nbsp;&nbsp;**Common Stocks - 99.0%** | &nbsp;&nbsp;**Common Stocks - 99.0%** |
|  | Shares | Value ($)<br>|
| AUSTRIA - 1.4%  |  |  |
| Financials - 1.4% |  |  |
| Banks - 1.4% |  |  |
| Erste Group Bank AG  | 2348215 | 215856518 |
| BRAZIL - 1.4%  |  |  |
| Consumer Discretionary - 1.4% |  |  |
| Broadline Retail - 1.4% |  |  |
| MercadoLibre Inc (a) | 89948 | 213526658 |
| CANADA - 6.4%  |  |  |
| Financials - 1.6% |  |  |
| Capital Markets - 1.6% |  |  |
| Brookfield Asset Management Ltd Class A (United States) (b) | 3956650 | 244006606 |
| Industrials - 1.3% |  |  |
| Professional Services - 1.3% |  |  |
| Thomson Reuters Corp  | 949369 | 190531561 |
| Information Technology - 3.5% |  |  |
| IT Services - 1.9% |  |  |
| Shopify Inc Class A (United States) (a) | 2364385 | 288951491 |
| Software - 1.6% |  |  |
| Constellation Software Inc/Canada  | 70567 | 243454113 |
| Constellation Software Inc/Canada warrants 3/31/2040 (a)(c) | 89116 | 6 |
|  |  | 243454119 |
| TOTAL INFORMATION TECHNOLOGY |  | 532405610 |
| TOTAL CANADA |  | 966943777 |
| CHINA - 3.1%  |  |  |
| Communication Services - 3.1% |  |  |
| Interactive Media & Services - 3.1% |  |  |
| Tencent Holdings Ltd  | 6781099 | 474759927 |
| DENMARK - 1.6%  |  |  |
| Industrials - 1.6% |  |  |
| Air Freight & Logistics - 1.6% |  |  |
| DSV A/S  | 1075359 | 240971835 |
| FRANCE - 6.6%  |  |  |
| Consumer Discretionary - 1.4% |  |  |
| Textiles, Apparel & Luxury Goods - 1.4% |  |  |
| Hermes International SCA  | 92916 | 228082876 |
| Industrials - 3.6% |  |  |
| Aerospace & Defense - 2.0% |  |  |
| Safran SA  | 919896 | 303337026 |
| Building Products - 1.6% |  |  |
| Cie de Saint-Gobain SA  | 2083581 | 239022481 |
| TOTAL INDUSTRIALS |  | 542359507 |
| Materials - 1.6% |  |  |
| Chemicals - 1.6% |  |  |
| Air Liquide SA  | 1202494 | 236574549 |
| TOTAL FRANCE |  | 1007016932 |
| GERMANY - 13.9%  |  |  |
| Financials - 4.7% |  |  |
| Banks - 1.8% |  |  |
| Commerzbank AG  | 7403202 | 270691034 |
| Capital Markets - 1.4% |  |  |
| Deutsche Boerse AG  | 758806 | 219588912 |
| Insurance - 1.5% |  |  |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen  | 349048 | 228511617 |
| TOTAL FINANCIALS |  | 718791563 |
| Industrials - 5.0% |  |  |
| Aerospace & Defense - 3.0% |  |  |
| MTU Aero Engines AG  | 494023 | 213221236 |
| Rheinmetall AG  | 116841 | 231286568 |
|  |  | 444507804 |
| Electrical Equipment - 2.0% |  |  |
| Siemens Energy AG (a) | 2627684 | 304230033 |
| TOTAL INDUSTRIALS |  | 748737837 |
| Information Technology - 2.4% |  |  |
| Software - 2.4% |  |  |
| SAP SE  | 1302357 | 372416536 |
| Materials - 1.8% |  |  |
| Construction Materials - 1.8% |  |  |
| Heidelberg Materials AG  | 1205697 | 278147977 |
| TOTAL GERMANY |  | 2118093913 |
| INDIA - 9.0%  |  |  |
| Communication Services - 1.5% |  |  |
| Wireless Telecommunication Services - 1.5% |  |  |
| Bharti Airtel Ltd  | 10575395 | 230415306 |
| Consumer Discretionary - 1.4% |  |  |
| Hotels, Restaurants & Leisure - 1.4% |  |  |
| MakeMyTrip Ltd (a)(b) | 2246823 | 210280165 |
| Financials - 3.5% |  |  |
| Banks - 3.5% |  |  |
| HDFC Bank Ltd/Gandhinagar  | 12082383 | 277508684 |
| ICICI Bank Ltd  | 15389811 | 259376595 |
|  |  | 536885279 |
| Industrials - 2.6% |  |  |
| Construction & Engineering - 1.4% |  |  |
| Larsen & Toubro Ltd  | 5246058 | 217140858 |
| Passenger Airlines - 1.2% |  |  |
| InterGlobe Aviation Ltd (a)(d)(e) | 2722693 | 182872710 |
| TOTAL INDUSTRIALS |  | 400013568 |
| TOTAL INDIA |  | 1377594318 |
| ISRAEL - 2.9%  |  |  |
| Financials - 2.9% |  |  |
| Banks - 2.9% |  |  |
| Bank Hapoalim BM  | 11642033 | 219311860 |
| Bank Leumi Le-Israel BM  | 11638103 | 216052027 |
| TOTAL ISRAEL |  | 435363887 |
| ITALY - 1.3%  |  |  |
| Consumer Discretionary - 1.3% |  |  |
| Automobiles - 1.3% |  |  |
| Ferrari NV (Italy)  | 474109 | 208467794 |
| JAPAN - 4.1%  |  |  |
| Industrials - 4.1% |  |  |
| Industrial Conglomerates - 2.4% |  |  |
| Hitachi Ltd  | 11784613 | 360616852 |
| Machinery - 1.7% |  |  |
| Mitsubishi Heavy Industries Ltd  | 11036598 | 263514197 |
| TOTAL JAPAN |  | 624131049 |
| NETHERLANDS - 3.0%  |  |  |
| Industrials - 1.4% |  |  |
| Professional Services - 1.4% |  |  |
| Wolters Kluwer NV  | 1390942 | 216989790 |
| Information Technology - 1.6% |  |  |
| Semiconductors & Semiconductor Equipment - 1.6% |  |  |
| ASM International NV  | 480523 | 234429393 |
| TOTAL NETHERLANDS |  | 451419183 |
| SPAIN - 1.9%  |  |  |
| Utilities - 1.9% |  |  |
| Electric Utilities - 1.9% |  |  |
| Iberdrola SA  | 16207692 | 284871910 |
| SWITZERLAND - 1.7%  |  |  |
| Financials - 1.7% |  |  |
| Insurance - 1.7% |  |  |
| Zurich Insurance Group AG  | 372892 | 254352120 |
| TAIWAN - 5.0%  |  |  |
| Information Technology - 5.0% |  |  |
| Semiconductors & Semiconductor Equipment - 5.0% |  |  |
| Taiwan Semiconductor Manufacturing Co Ltd  | 19974524 | 767269765 |
| UNITED KINGDOM - 9.5%  |  |  |
| Consumer Discretionary - 1.3% |  |  |
| Hotels, Restaurants & Leisure - 1.3% |  |  |
| InterContinental Hotels Group PLC  | 1699605 | 195522895 |
| Financials - 2.8% |  |  |
| Capital Markets - 2.8% |  |  |
| 3i Group PLC  | 4139018 | 226164924 |
| London Stock Exchange Group PLC  | 1692955 | 206362911 |
|  |  | 432527835 |
| Industrials - 5.4% |  |  |
| Aerospace & Defense - 3.9% |  |  |
| BAE Systems PLC  | 10134075 | 241805532 |
| Rolls-Royce Holdings PLC  | 24316191 | 345119235 |
|  |  | 586924767 |
| Professional Services - 1.5% |  |  |
| RELX PLC  | 4601357 | 239091519 |
| TOTAL INDUSTRIALS |  | 826016286 |
| TOTAL UNITED KINGDOM |  | 1454067016 |
| UNITED STATES - 26.2%  |  |  |
| Communication Services - 1.7% |  |  |
| Entertainment - 1.7% |  |  |
| Spotify Technology SA (a) | 416002 | 260641893 |
| Financials - 7.9% |  |  |
| Capital Markets - 2.6% |  |  |
| Moody's Corp  | 376881 | 194368838 |
| S&P Global Inc  | 361882 | 199433170 |
|  |  | 393802008 |
| Financial Services - 2.8% |  |  |
| Mastercard Inc Class A  | 374018 | 211869977 |
| Visa Inc Class A  | 599205 | 207007351 |
|  |  | 418877328 |
| Insurance - 2.5% |  |  |
| Arthur J Gallagher & Co  | 677686 | 194665304 |
| Marsh & McLennan Cos Inc  | 990257 | 197259194 |
|  |  | 391924498 |
| TOTAL FINANCIALS |  | 1204603834 |
| Industrials - 8.2% |  |  |
| Building Products - 1.5% |  |  |
| Trane Technologies PLC  | 520637 | 228080657 |
| Commercial Services & Supplies - 1.5% |  |  |
| Waste Connections Inc  | 1225494 | 228842608 |
| Construction & Engineering - 1.4% |  |  |
| Ferrovial SE  | 4195033 | 214952988 |
| Electrical Equipment - 3.8% |  |  |
| Eaton Corp PLC  | 588269 | 226318849 |
| Schneider Electric SE  | 1333935 | 345213601 |
|  |  | 571532450 |
| TOTAL INDUSTRIALS |  | 1243408703 |
| Information Technology - 3.4% |  |  |
| Semiconductors & Semiconductor Equipment - 1.7% |  |  |
| Broadcom Inc  | 875431 | 257114085 |
| Software - 1.7% |  |  |
| Synopsys Inc (a) | 401255 | 254183005 |
| TOTAL INFORMATION TECHNOLOGY |  | 511297090 |
| Materials - 5.0% |  |  |
| Chemicals - 1.2% |  |  |
| Linde PLC  | 395251 | 181918225 |
| Construction Materials - 3.8% |  |  |
| Amrize Ltd  | 3373960 | 170556845 |
| CRH PLC (United Kingdom)  | 2144600 | 203696571 |
| Holcim AG  | 2620539 | 208987818 |
|  |  | 583241234 |
| TOTAL MATERIALS |  | 765159459 |
| TOTAL UNITED STATES |  | 3985110979 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $10,824,720,349) |  | <br> **15079817581** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 3.3%** | &nbsp;&nbsp;**Money Market Funds - 3.3%** | &nbsp;&nbsp;**Money Market Funds - 3.3%** | &nbsp;&nbsp;**Money Market Funds - 3.3%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (f) | 4.33 | 392688736 | 392767274 |
| Fidelity Securities Lending Cash Central Fund (f)(g) | 4.33 | 102846565 | 102856850 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $495,624,123) |  |  | **495624124** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 102.3%**<br> (Cost $11,320,344,472)<br>| <br>**15575441705** |
| **NET OTHER ASSETS (LIABILITIES) - (2.3)%**  | **(348621724)** |
| **NET ASSETS - 100.0%** | **15226819981** |

---

**Legend**

(a) Non-income producing.

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

(c) Level 3 security

(d) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $182,872,710 or 1.2% of net assets.

(e) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $182,872,710 or 1.2% of net assets.

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

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

**Affiliated Central Funds**

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 56108485 | 3348415379 | 3011756590 | 3547819 | - | - | 392767274 | 392688736 | 0.7% |
| Fidelity Securities Lending Cash Central Fund | 141768000 | 698105479 | 737016629 | 254240 | - | - | 102856850 | 102846565 | 0.4% |
| Total | 197876485 | 4046520858 | 3748773219 | 3802059 | - | - | 495624124 |  |  |

---

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

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

**Investment Valuation**

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

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

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

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

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

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

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

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

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

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

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Advisor Series VIII

- **b. Investment Company Act file number:** 811-03855

- **c. CIK number of Registrant:** 0000729218

- **d. LEI of Registrant:** 7NCVLVDHSF9IBHF3E783

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

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

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

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

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

- **a. Name of Series:** Fidelity Advisor International Capital Appreciation Fund

- **b. EDGAR series identifier (if any):** S000005441

- **c. LEI of Series:** NBCK4JVEVJMN61F2TX40

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $15495573737.27

**Total Liabilities:** $256522502.72

**Net Assets:** $15239051234.55

**Cash Not Reported:** $40267194.29

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000177523 | 6.59%                | 4.46%                | -2.02%               |
| Class ID C000014825 | 6.58%                | 4.44%                | -2.02%               |
| Class ID C000014823 | 6.51%                | 4.37%                | -2.11%               |
| Class ID C000014821 | 6.55%                | 4.41%                | -2.04%               |
| Class ID C000259428 |  |  |  |
| Class ID C000014824 | 6.55%                | 4.37%                | -2.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $79326759.98             | $531462103.06                              |
| Month 2  | $42620391.84             | $428278566.07                              |
| Month 3  | $181015083.03            | $637440385.53                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| IBERDROLA SA                                              | IBERDROLA SA                                  | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |  16207692 | NS      | $284871909.61 | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| LONDON STOCK EXCHANGE GROUP PLC                           | LONDON STOCK EXCHANGE GRP PLC                 | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |   1692955 | NS      | $206362911.29 | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| COMMERZBANK AG                                            | COMMERZBANK AG                                | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | EC               | CORP              | DE        |   7403202 | NS      | $270691034.01 | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                                              | SYNOPSYS INC                                  | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |    401255 | NS      | $254183004.85 | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                                  | ROLLS-ROYCE HOLDINGS PLC                      | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |  25876191 | NS      | $367260284.80 | 2.41%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                                    | SAP SE                                        | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |   1302357 | NS      | $372416535.76 | 2.44%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERGLOBE AVIATION LTD                                   | INTERGLOBE AVIATION LTD                       | CUSIP: N/A<br>LEI: 33580079R8SLLO23XD19       | Long             | EC               | CORP              | IN        |   2214524 | NS      | $148740973.08 | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| ZURICH INSURANCE GROUP AG                                 | ZURICH INSURANCE GROUP AG                     | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |    372892 | NS      | $254352120.44 | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| S and P GLOBAL INC                                        | S and P GLOBAL INC                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |    361882 | NS      | $199433170.20 | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                                                  | VISA INC CL A                                 | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    599205 | NS      | $207007351.35 | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBISHI HEAVY INDUSTRIES LTD                           | MITSUBISHI HEAVY INDS LTD                     | CUSIP: N/A<br>LEI: 353800TJ98PCAZROVE69       | Long             | EC               | CORP              | JP        |  11115680 | NS      | $265402390.99 | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN | MUNICH REINSURANCE (REG)                      | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |    349048 | NS      | $228511616.63 | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                                                  | RELX PLC                                      | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |   4608247 | NS      | $239449530.93 | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| HERMES INTL SCA                                           | HERMES INTERNATIONAL SA                       | CUSIP: N/A<br>LEI: 969500Y4IJGHJE2MTJ13       | Long             | EC               | CORP              | FR        |     92916 | NS      | $228082875.63 | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| FERRARI NV                                                | FERRARI NV                                    | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | NL        |    377709 | NS      | $166080294.56 | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HEIDELBERG MATERIALS AG                                   | HEIDELBERG MATERIALS AG                       | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |   1205697 | NS      | $278147977.70 | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| CONSTELLATION SOFTWARE INC                                | CONSTELLATION SOFTWARE INC                    | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |     70567 | NS      | $243454112.85 | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE SYSTEMS PLC                                           | BAE SYSTEMS PLC                               | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |   9966345 | NS      | $237803386.94 | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| AMRIZE LTD                                                | AMRIZE LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |    936418 | NS      | $47336808.96  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LTD                                             | HDFC BANK LTD SPON ADR                        | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     18334 | NS      | $1407501.18   | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MAKEMYTRIP LIMITED                                        | MAKEMYTRIP LIMITED                            | CUSIP: N/A<br>LEI: 529900DNT8HNJ7RYUO60       | Long             | EC               | CORP              | MU        |   2246823 | NS      | $210280164.57 | 1.38%             |  |  |  | No            |                  1 | On Loan: —       |
| MARSH and MCLENNAN COS INC                                | MARSH and MCLENNAN COS INC                    | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    990257 | NS      | $197259194.40 | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS ENERGY AG                                         | SIEMENS ENERGY AG                             | CUSIP: N/A<br>LEI: 5299005CHJZ14D4FDJ62       | Long             | EC               | CORP              | DE        |   2753384 | NS      | $318783425.12 | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| AIR LIQUIDE SA                                            | AIR LIQUIDE SA                                | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |   1202494 | NS      | $236574548.70 | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| WASTE CONNECTION INC                                      | WASTE CONNECTIONS INC                         | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |   1225494 | NS      | $228842607.94 | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA                                     | SPOTIFY TECHNOLOGY SA                         | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |    416002 | NS      | $260641893.08 | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| RHEINMETALL                                               | RHEINMETALL AG ORD                            | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |    116841 | NS      | $231286567.55 | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| EATON CORP PLC                                            | EATON CORP PLC                                | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |    588269 | NS      | $226318849.68 | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO                              | ARTHUR J GALLAGHAR AND CO                     | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |    677686 | NS      | $194665303.50 | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLCIM AG                                                 | HOLCIM LTD                                    | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |   2620539 | NS      | $208987817.54 | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK LEUMI LE-ISRAEL                                      | BANK LEUMI LE-ISRAEL BM                       | CUSIP: N/A<br>LEI: 7JDSZWRGUQY2DSTWCR57       | Long             | EC               | CORP              | IL        |  11649607 | NS      | $216265589.42 | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| WOLTERS KLUWER NV                                         | WOLTERS KLUWER NV                             | CUSIP: N/A<br>LEI: 724500TEM53I0U077B74       | Long             | EC               | CORP              | NL        |   1390942 | NS      | $216989790.11 | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ERSTE GROUP BANK AG (UNGTD)                               | ERSTE GROUP BANK AG                           | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |   2348215 | NS      | $215856517.85 | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFRAN SA                                                 | SAFRAN SA                                     | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |    919896 | NS      | $303337025.90 | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| FERROVIAL SE                                              | FERROVIAL SE                                  | CUSIP: N/A<br>LEI: 72450022R2ZFL41Y6I04       | Long             | EC               | CORP              | NL        |   4195033 | NS      | $214952988.09 | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                              | BROADCOM INC                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    875431 | NS      | $257114084.70 | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MTU AERO ENGINES AG                                       | MTU AERO ENGINES AG                           | CUSIP: N/A<br>LEI: 529900807L67JY81RD65       | Long             | EC               | CORP              | DE        |    494023 | NS      | $213221236.38 | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HLDGS LTD                                         | TENCENT HOLDINGS LTD                          | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |   6825140 | NS      | $477843336.24 | 3.14%             |  |  |  | No            |                  2 | On Loan: No      |
| SCHNEIDER ELEC SA                                         | SCHNEIDER ELECTRIC SE                         | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |   1333935 | NS      | $345213600.55 | 2.27%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPAGNIE DE ST GOBAIN                                    | ST GOBAIN CIE DE                              | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |   2083581 | NS      | $239022481.46 | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD                           | TAIWAN SEMICONDUCTOR MFG CO LTD               | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |  19974524 | NS      | $767269764.93 | 5.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                              | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        | 392688736 | NS      | $392767273.58 | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                                    | TRANE TECHNOLOGIES PLC                        | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |    520637 | NS      | $228080656.96 | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LARSEN and TOUBRO LTD                                     | LARSEN and TOUBRO LTD                         | CUSIP: N/A<br>LEI: 3358003FR3JIC5FRXA90       | Long             | EC               | CORP              | IN        |   5246058 | NS      | $217140857.58 | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                                                   | CRH PLC                                       | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |   2144600 | NS      | $203696570.68 | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK HAPOALIM B M                                         | BANK HAPOALIM LTD (REG)                       | CUSIP: N/A<br>LEI: B6ARUI4946ST4S7WOU88       | Long             | EC               | CORP              | IL        |  11681154 | NS      | $220048818.51 | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD ASSET MANAGEMENT LTD                           | BROOKFIELD ASSET MANAGEMENT LTD A             | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |   3956650 | NS      | $244006605.50 | 1.60%             |  |  |  | No            |                  1 | On Loan: —       |
| HDFC BANK LTD                                             | HDFC BANK LTD (DEMAT)                         | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |  11712383 | NS      | $269010507.92 | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| CONSTELLATION SOFTWARE INC                                | CONSTELLATION SOFTWARE INC WT 08/22/28        | CUSIP: 21037X134<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |     89116 | NS      | $6.43         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BHARTI AIRTEL LTD                                         | BHARTI AIRTEL LIMITED                         | CUSIP: N/A<br>LEI: 335800KQ1FPKOQ84OR26       | Long             | EC               | CORP              | IN        |   9983131 | NS      | $217511136.25 | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| MERCADOLIBRE INC                                          | MERCADOLIBRE INC                              | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     89948 | NS      | $213526657.72 | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL HOTELS GROUP PLC NEW                     | INTERCONTINENTAL HOTELS GP PLC                | CUSIP: N/A<br>LEI: 2138007ZFQYRUSLU3J98       | Long             | EC               | CORP              | GB        |   1699605 | NS      | $195522895.15 | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| 3I GROUP PLC                                              | 3I GROUP PLC                                  | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |   4139018 | NS      | $226164923.50 | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| HITACHI LTD                                               | HITACHI LTD                                   | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |  11869055 | NS      | $363200831.97 | 2.38%             |  |  |  | No            |                  2 | On Loan: No      |
| THOMSON REUTERS CORP                                      | THOMSON REUTERS CORP                          | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |    949369 | NS      | $190531561.43 | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC                                               | SHOPIFY INC CL A                              | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |   2364385 | NS      | $288951490.85 | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                              | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        | 142626812 | NS      | $142641075.02 | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BOERSE AG                                        | DEUTSCHE BOERSE AG                            | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |    758806 | NS      | $219588911.97 | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ASM INTL NV                                               | ASM INTERNATIONAL NV (NETH)                   | CUSIP: N/A<br>LEI: 7245001I22ND6ZFHX623       | Long             | EC               | CORP              | NL        |    480523 | NS      | $234429392.98 | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                                            | MASTERCARD INC CL A                           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    374018 | NS      | $211869976.46 | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DSV A/S                                                   | DSV A/S                                       | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |   1075359 | NS      | $240971835.41 | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| MOODYS CORP                                               | MOODYS CORP                                   | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |    376881 | NS      | $194368838.13 | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                                                 | LINDE PLC                                     | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |    395251 | NS      | $181918225.26 | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI BANK LTD                                            | ICICI BANK LTD (DEMAT)                        | CUSIP: N/A<br>LEI: R7RX8ER1V4666J8D1I38       | Long             | EC               | CORP              | IN        |  13679587 | NS      | $230552844.60 | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer