# EDGAR Filing Document

**Accession Number:** 0000039473
**File Stem:** 0001193125-26-074821
**Filing Date:** 2026-2
**Character Count:** 104298
**Document Hash:** 055998603c7595a7278c3c5a85096cb1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-074821.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001193125-26-074821

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN FUNDS FUNDAMENTAL INVESTORS
- **CENTRAL INDEX KEY:** 0000039473

**ORGANIZATION NAME:**
- **EIN:** 221557722
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00032
- **FILM NUMBER:** 26683856

**BUSINESS ADDRESS:**
- **STREET 1:** 6455 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** 213-486-9501

**MAIL ADDRESS:**
- **STREET 1:** 333 S HOPE ST -  55TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FUNDAMENTAL INVESTORS INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### AMERICAN FUNDS FUNDAMENTAL INVESTORS (Series ID: S000009227)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000025050 | Class A       | ANCFX           |
| C000025051 | Class R-1     | RFNAX           |
| C000025052 | Class R-2     | RFNBX           |
| C000025053 | Class R-3     | RFNCX           |
| C000025054 | Class R-4     | RFNEX           |
| C000025055 | Class R-5     | RFNFX           |
| C000025057 | Class C       | AFICX           |
| C000025058 | Class F-1     | AFIFX           |
| C000025059 | Class 529-A   | CFNAX           |
| C000025061 | Class 529-C   | CFNCX           |
| C000025062 | Class 529-E   | CFNEX           |
| C000025063 | Class 529-F-1 | CFNFX           |
| C000068558 | Class F-2     | FINFX           |
| C000077853 | Class R-6     | RFNGX           |
| C000148457 | Class R-2E    | RFEBX           |
| C000164826 | Class R-5E    | RFNHX           |
| C000179985 | Class F-3     | FUNFX           |
| C000189470 | Class 529-T   | TIIIX           |
| C000189471 | Class T       | TFFFX           |
| C000224623 | Class 529-F-2 | FFXFX           |
| C000224624 | Class 529-F-3 | FEEFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Funds Fundamental Investors

- **b. Investment Company Act file number:** 811-00032

- **c. CIK number of Registrant:** 0000039473

- **d. LEI of Registrant:** RCVUC3QKUPM8R6R24U95

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

  - **Street Address 1:** 6455 Irvine Center Drive

  - **City:** Irvine

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92618-4518

  - **Telephone number:** 9499755000

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

- **a. Name of Series:** American Funds Fundamental Investors

- **b. EDGAR series identifier (if any):** S000009227

- **c. LEI of Series:** RCVUC3QKUPM8R6R24U95

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $162016984106.04

**Total Liabilities:** $150869492.55

**Net Assets:** $161866114613.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025050 | 2.52%                | 1.46%                | 0.35%                |
| Class ID C000025051 | 2.45%                | 1.40%                | 0.29%                |
| Class ID C000025052 | 2.45%                | 1.39%                | 0.28%                |
| Class ID C000025053 | 2.48%                | 1.44%                | 0.33%                |
| Class ID C000025054 | 2.51%                | 1.45%                | 0.34%                |
| Class ID C000025055 | 2.53%                | 1.48%                | 0.38%                |
| Class ID C000025057 | 2.44%                | 1.40%                | 0.29%                |
| Class ID C000025058 | 2.52%                | 1.45%                | 0.34%                |
| Class ID C000025059 | 2.51%                | 1.46%                | 0.35%                |
| Class ID C000025061 | 2.45%                | 1.39%                | 0.30%                |
| Class ID C000025062 | 2.49%                | 1.44%                | 0.33%                |
| Class ID C000025063 | 2.52%                | 1.48%                | 0.36%                |
| Class ID C000068558 | 2.54%                | 1.49%                | 0.36%                |
| Class ID C000077853 | 2.54%                | 1.48%                | 0.39%                |
| Class ID C000148457 | 2.47%                | 1.41%                | 0.32%                |
| Class ID C000164826 | 2.52%                | 1.48%                | 0.36%                |
| Class ID C000179985 | 2.54%                | 1.50%                | 0.37%                |
| Class ID C000189470 | 2.53%                | 1.48%                | 0.37%                |
| Class ID C000189471 | 2.53%                | 1.49%                | 0.38%                |
| Class ID C000224623 | 2.54%                | 1.48%                | 0.35%                |
| Class ID C000224624 | 2.54%                | 1.48%                | 0.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1599112774.80           | $2579786470.87                             |
| Month 2  | $1986642395.00           | $260125177.09                              |
| Month 3  | $1036178567.05           | $-698643704.25                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SIEMENS AG                                                               | SIEMENS AG                                                                                   | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |    960105 | NS      | $269632091.58   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| SLB LTD                                                                  | SLB LTD                                                                                      | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |   3293560 | NS      | $126406832.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CO/THE                                                          | SOUTHERN CO/THE                                                                              | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |   4300000 | NS      | $374960000.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA                                                    | SPOTIFY TECHNOLOGY SA                                                                        | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | SE        |    164440 | NS      | $95491952.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LTD                                                            | HDFC BANK LTD ADR                                                                            | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |   3949446 | NS      | $144312756.84   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LTD                                                            | HDFC BANK LTD                                                                                | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |  16600000 | NS      | $183430762.19   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE HOLDINGS INC                                            | HILTON WORLDWIDE HOLDINGS INC                                                                | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |   1057769 | NS      | $303844145.25   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC                                                               | HUMANA INC                                                                                   | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |    943173 | NS      | $241574900.49   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORP                                     | INTERNATIONAL BUSINESS MACHINES CORP                                                         | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |   1300000 | NS      | $385073000.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                                            | INTERCONTINENTAL EXCHANGE INC                                                                | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |   2663708 | NS      | $431414147.68   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLUMINA INC                                                             | ILLUMINA INC                                                                                 | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |   1080747 | NS      | $141750776.52   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL BRANDS PLC                                                      | IMPERIAL BRANDS PLC                                                                          | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |   5867288 | NS      | $246671123.86   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| INTEL CORP                                                               | INTEL CORP                                                                                   | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |   5624344 | NS      | $207538293.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL PAPER CO                                                   | INTERNATIONAL PAPER CO                                                                       | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |   3974852 | NS      | $156569420.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INGERSOLL-RAND INC                                                       | INGERSOLL-RAND INC                                                                           | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |  12246657 | NS      | $970180167.54   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| GARTNER INC                                                              | GARTNER INC                                                                                  | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |    648066 | NS      | $163494090.48   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT INC                                                                  | ITT INC                                                                                      | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |   4510885 | NS      | $782683656.35   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PLC                                                 | JAZZ PHARMACEUTICALS PLC                                                                     | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |   2100000 | NS      | $357000000.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                                                      | JPMORGAN CHASE & CO                                                                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |   3783274 | NS      | $1219046548.28  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC                                                     | KEURIG DR PEPPER INC                                                                         | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |   8268704 | NS      | $231606399.04   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES INC                                                | KEYSIGHT TECHNOLOGIES INC                                                                    | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |   2025970 | NS      | $411656844.30   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & CO INC                                                             | KKR & CO INC                                                                                 | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |   3669757 | NS      | $467820622.36   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                                                                 | KLA CORP                                                                                     | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |   1561339 | NS      | $1897151792.12  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SK HYNIX INC                                                             | SK HYNIX INC                                                                                 | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |   7446405 | NS      | $3371921291.83  | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                                | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                                                    | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |  66801000 | NS      | $3263454475.18  | 2.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NINTENDO CO LTD                                                          | NINTENDO CO LTD                                                                              | CUSIP: N/A<br>LEI: 353800FEEXU6I9M0ZF27       | Long             | EC               | CORP              | JP        |    675300 | NS      | $45616074.57    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| APPLE INC                                                                | APPLE INC                                                                                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   8269238 | NS      | $2248075042.68  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                                                               | ABBVIE INC                                                                                   | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    186739 | NS      | $42667994.11    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                                                      | ABBOTT LABORATORIES                                                                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |   4621148 | NS      | $578983632.92   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCH CAPITAL GROUP LTD                                                   | ARCH CAPITAL GROUP LTD                                                                       | CUSIP: N/A<br>LEI: 549300AYR4P8AFKDCE43       | Long             | EC               | CORP              | BM        |   1125354 | NS      | $107943955.68   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                                                            | ACCENTURE PLC CL A                                                                           | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |    841684 | NS      | $225823817.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBUS SE                                                                | AIRBUS SE                                                                                    | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | FR        |   2064429 | NS      | $478851144.97   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                  | ARTHUR J GALLAGHER & CO                                                                      | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |   1234218 | NS      | $319403276.22   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIGN TECHNOLOGY INC                                                     | ALIGN TECHNOLOGY INC                                                                         | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |    375344 | NS      | $58609965.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS INC                                              | ALNYLAM PHARMACEUTICALS INC                                                                  | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |   1604154 | NS      | $637891838.10   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AMADEUS IT GROUP SA                                                      | AMADEUS IT GROUP SA A (BEARER)                                                               | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |   3095735 | NS      | $227068201.09   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                                                    | APPLIED MATERIALS INC                                                                        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |   1125403 | NS      | $289217316.97   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                                                                | AMGEN INC                                                                                    | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |   3868125 | NS      | $1266075993.75  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                                           | AMAZON.COM INC                                                                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |  16258732 | NS      | $3752840520.24  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AON PLC                                                                  | AON PLC CL A                                                                                 | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | GB        |   1710242 | NS      | $603510196.96   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS INC                                             | AIR PRODUCTS & CHEMICALS INC                                                                 | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |    728998 | NS      | $180077085.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT INC                                             | APOLLO GLOBAL MANAGEMENT INC                                                                 | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |   8572850 | NS      | $1241005766.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP                                                            | APPLOVIN CORP CL A                                                                           | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    634409 | NS      | $427477472.38   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                                      | ALEXANDRIA REAL ESTATE EQUITIES INC (REIT)                                                   | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |   1980929 | NS      | $96946665.26    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORP                                                     | ARES MANAGEMENT CORP CL A                                                                    | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |   3668676 | NS      | $592968101.88   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                                                          | ASML HOLDING NV ADR                                                                          | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |    403458 | NS      | $431643575.88   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                                                          | ASML HOLDING NV                                                                              | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |    405236 | NS      | $433163248.13   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                        | ATMOS ENERGY CORP                                                                            | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |    200766 | NS      | $33654404.58    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                                             | BROADCOM INC                                                                                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |  33832452 | NS      | $11709411637.20 | 7.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS BANK LTD                                                            | AXIS BANK LTD                                                                                | CUSIP: N/A<br>LEI: 549300HVNWMJPOFVNI41       | Long             | EC               | CORP              | IN        |  10396317 | NS      | $147164629.23   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                          | ASTRAZENECA PLC (GBP)                                                                        | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |   3902546 | NS      | $718817328.65   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                              | NETFLIX INC                                                                                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |   3455819 | NS      | $324017589.44   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NISOURCE INC                                                             | NISOURCE INC                                                                                 | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |   4709008 | NS      | $196648174.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC                                                                 | NIKE INC CL B                                                                                | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |   1663633 | NS      | $105990058.43   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                    | NORTHROP GRUMMAN CORP                                                                        | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |    968049 | NS      | $551991220.29   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVO NORDISK AS                                                          | NOVO NORDISK AS CL B                                                                         | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |   3439493 | NS      | $175320581.31   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                               | NUCOR CORP                                                                                   | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |   1321823 | NS      | $215602549.53   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                                              | NVIDIA CORP                                                                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |  33508322 | NS      | $6249302053.00  | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK INC                                                                | ONEOK INC                                                                                    | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |   3868031 | NS      | $284300278.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN HOLDINGS INC                                                     | ONEMAIN HOLDINGS INC                                                                         | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |   7759550 | NS      | $524157602.50   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL INC                                                     | BLUE OWL CAPITAL INC CL A                                                                    | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  31697716 | NS      | $473563877.04   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| FHU US HOLDINGS LLC                                                      | FHU US HOLDINGS LLC PP (DRS) (NOT LISTED OR TRADING)                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     22440 | NS      | $100000572.54   | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| ECOLAB INC                                                               | ECOLAB INC                                                                                   | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |    393012 | NS      | $103173510.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH INC                                                      | ELEVANCE HEALTH INC                                                                          | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    391000 | NS      | $137065050.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCHEX INC                                                              | PAYCHEX INC                                                                                  | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |   5184915 | NS      | $581643764.70   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                          | PHILIP MORRIS INTERNATIONAL INC                                                              | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |  37517416 | NS      | $6017793526.40  | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ENGIE SA                                                                 | ENGIE SA                                                                                     | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |   5861597 | NS      | $154122450.06   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| LUNDIN MINING CORP                                                       | LUNDIN MINING CORP                                                                           | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |  19727301 | NS      | $423995759.35   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE                                      | LVMH MOET HENNESSY LOUIS VUITTON SE                                                          | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |    281193 | NS      | $211991450.10   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| LYONDELLBASELL INDUSTRIES NV                                             | LYONDELLBASELL INDUSTRIES NV                                                                 | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | US        |   4020959 | NS      | $174107524.70   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                                                           | MASTERCARD INC CL A                                                                          | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |   1353323 | NS      | $772585034.24   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                 | MICROCHIP TECHNOLOGY INC CV PFD SER A CUMULATIVE DEP SHARES (1/20TH 7.5% SER A PFD) 03-15-28 | CUSIP: 595017302<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EP               | CORP              | US        |   1600000 | NS      | $93248000.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLICIS GROUPE SA                                                       | PUBLICIS GROUPE SA                                                                           | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |   8528311 | NS      | $884737214.06   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                      | QUANTA SERVICES INC                                                                          | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |   1106882 | NS      | $467170616.92   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORP                                                            | MCKESSON CORP                                                                                | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     80706 | NS      | $66202324.74    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC                                               | MONDELEZ INTERNATIONAL INC CL A                                                              | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |   4878015 | NS      | $262583547.45   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RESTAURANT BRANDS INTERNATIONAL INC                                      | RESTAURANT BRANDS INTERNATIONAL INC (USD)                                                    | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | US        |  11377278 | NS      | $776271677.94   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX CORP                                                              | ROBLOX CORP                                                                                  | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |   8455224 | NS      | $685126800.72   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                                                         | MERCADOLIBRE INC                                                                             | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |    511488 | NS      | $1030269818.88  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                                                       | META PLATFORMS INC CL A                                                                      | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |   5256289 | NS      | $3469623806.01  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                              | ROYAL CARIBBEAN CRUISES LTD                                                                  | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | US        |   4700456 | NS      | $1311051187.52  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| REDE D'OR SAO LUIZ SA                                                    | REDE D'OR SAO LUIZ SA                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |  13701880 | NS      | $101462735.68   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CAPITAL GROUP CENTRAL CASH FUND                                          | CAPITAL GROUP CENTRAL CASH FUND                                                              | CUSIP: 14020B102<br>LEI: 549300YD0SRETB6WWP29 | Long             | STIV             | RF                | US        |  18115303 | NS      | $1811711473.03  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH & MCLENNAN COMPANIES INC                                           | MARSH & MCLENNAN COMPANIES INC                                                               | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |   2792282 | NS      | $518024156.64   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY INC                                            | REXFORD INDUSTRIAL REALTY INC (REIT)                                                         | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |   5802340 | NS      | $224666604.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL GOLD INC                                                           | ROYAL GOLD INC                                                                               | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |   1633190 | NS      | $363041805.10   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M CO                                                                    | 3M COMPANY                                                                                   | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |   1214368 | NS      | $194420316.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                                           | MORGAN STANLEY                                                                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    739797 | NS      | $131336161.41   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD                                               | RENAISSANCERE HOLDINGS LTD                                                                   | CUSIP: N/A<br>LEI: EK6GB9U3U58PDI411C94       | Long             | EC               | CORP              | BM        |   1446042 | NS      | $406569168.72   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                                                 | ROLLS-ROYCE HOLDINGS PLC                                                                     | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |  76759708 | NS      | $1193086836.64  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                           | MICROSOFT CORP                                                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |  18308855 | NS      | $8854528455.10  | 5.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                   | MOTOROLA SOLUTIONS INC                                                                       | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |    374736 | NS      | $143643803.52   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                                                             | STRATEGY INC CL A                                                                            | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |   6010112 | NS      | $913236518.40   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| METTLER-TOLEDO INTERNATIONAL INC                                         | METTLER-TOLEDO INTERNATIONAL INC                                                             | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |    164015 | NS      | $228668072.85   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP                                                       | REGAL REXNORD CORP                                                                           | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |   2473475 | NS      | $347078012.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORP                                                                 | RTX CORP                                                                                     | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |   5247151 | NS      | $962327493.40   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| RYANAIR HOLDINGS PLC                                                     | RYANAIR HOLDINGS PLC ADR                                                                     | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |  16803289 | NS      | $1213029432.91  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMPO OYJ                                                                | SAMPO OYJ CL A                                                                               | CUSIP: N/A<br>LEI: 743700UF3RL386WIDA22       | Long             | EC               | CORP              | FI        |  14385337 | NS      | $174370772.25   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                           | STARBUCKS CORP                                                                               | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |  15039469 | NS      | $1266473684.49  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER ELECTRIC SE                                                    | SCHNEIDER ELECTRIC SE                                                                        | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |    998223 | NS      | $273614317.19   | 0.17%             |  |  |  | No            |                  2 | On Loan: —       |
| CHARLES SCHWAB CORP/THE                                                  | CHARLES SCHWAB CORP/THE                                                                      | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    611905 | NS      | $61135428.55    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC                                                              | SHOPIFY INC CL A                                                                             | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |   7360227 | NS      | $1184775740.19  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| VAIL RESORTS INC                                                         | VAIL RESORTS INC                                                                             | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |    851717 | NS      | $113108017.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                    | MICRON TECHNOLOGY INC                                                                        | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |  18179074 | NS      | $5188489510.34  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCORE TECHNOLOGIES INC                                                 | PROCORE TECHNOLOGIES INC                                                                     | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |   2300000 | NS      | $167302000.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PERFORMANCE FOOD GROUP CO                                                | PERFORMANCE FOOD GROUP CO                                                                    | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |  10014566 | NS      | $900509774.72   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO                                                      | PROCTER & GAMBLE CO                                                                          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    775823 | NS      | $111183194.13   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESSIVE CORP (THE)                                                   | PROGRESSIVE CORP (THE)                                                                       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |   2214395 | NS      | $504262029.40   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX TECHNOLOGIES INC                                                     | SPX TECHNOLOGIES INC                                                                         | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |   1120799 | NS      | $224227047.94   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS INC                                           | SS&C TECHNOLOGIES HOLDINGS INC                                                               | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |   1086752 | NS      | $95003859.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                                                             | STRATEGY INC CL A PFD FRN PRP                                                                | CUSIP: 594972853<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |    192471 | NS      | $19015172.45    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| STRATEGY INC                                                             | STRATEGY INC CL A JUNIOR  PFD 10.00% PRP                                                     | CUSIP: 594972861<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |   4970961 | NS      | $375754941.99   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                                                             | STRATEGY INC PFD 10.00% PRP                                                                  | CUSIP: 594972879<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |   1034447 | NS      | $104530869.35   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| STRATEGY INC                                                             | STRATEGY INC CV PFD 8.00% PRP                                                                | CUSIP: 594972887<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |   2029615 | NS      | $159852477.40   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                      | SYNCHRONY FINANCIAL                                                                          | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |   5348696 | NS      | $446241707.28   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM GROUP INC                                                      | TRANSDIGM GROUP INC                                                                          | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2775111 | NS      | $3690481363.35  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                    | TRUIST FINANCIAL CORP                                                                        | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |  11553682 | NS      | $568556691.22   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC                                             | THERMO FISHER SCIENTIFIC INC                                                                 | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |   1625236 | NS      | $941743000.20   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US INC                                                          | T-MOBILE US INC                                                                              | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |   1594063 | NS      | $323658551.52   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TOAST INC                                                                | TOAST INC CL A                                                                               | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    545000 | NS      | $19352950.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TRACTOR SUPPLY CO                                                        | TRACTOR SUPPLY CO                                                                            | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |    923150 | NS      | $46166731.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                                | TAIWAN SEMICONDUCTOR MFG CO ADR                                                              | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   5483654 | NS      | $1666427614.06  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                                                   | TRANE TECHNOLOGIES PLC                                                                       | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |    191832 | NS      | $74661014.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTALENERGIES SE                                                         | TOTALENERGIES SE                                                                             | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |   4840563 | NS      | $315497582.98   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED AIRLINES HOLDINGS INC                                             | UNITED AIRLINES HOLDINGS INC                                                                 | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |   4300493 | NS      | $480881127.26   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                   | UNITEDHEALTH GROUP INC                                                                       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |   4243128 | NS      | $1400698984.08  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORP                                                       | UNION PACIFIC CORP                                                                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |   3778506 | NS      | $874044007.92   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP                                                     | WESTERN DIGITAL CORP                                                                         | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |   1030633 | NS      | $177547146.91   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                                                            | WELLTOWER INC (REIT)                                                                         | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |   7201836 | NS      | $1336732779.96  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO                                                         | WELLS FARGO & CO                                                                             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |   2339191 | NS      | $218012601.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                                                              | WALMART INC                                                                                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   1052624 | NS      | $117272839.84   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WHEATON PRECIOUS METALS CORP                                             | WHEATON PRECIOUS METALS CORP (USD)                                                           | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |   6573724 | NS      | $772544044.48   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| WATSCO INC                                                               | WATSCO INC                                                                                   | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |    220139 | NS      | $74175836.05    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNN RESORTS LTD                                                         | WYNN RESORTS LTD                                                                             | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |   3934505 | NS      | $473438986.65   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                                                         | EXXON MOBIL CORP                                                                             | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    910522 | NS      | $109572217.48   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| XP INC                                                                   | XP INC CL A                                                                                  | CUSIP: N/A<br>LEI: 5493008KDA8NBZRJST80       | Long             | EC               | CORP              | BR        |  10327142 | NS      | $169055314.54   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO INC                                                                  | XPO INC                                                                                      | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |   2682450 | NS      | $364571779.50   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM! BRANDS INC                                                          | YUM! BRANDS INC                                                                              | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |    857282 | NS      | $129689620.96   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS INC                                               | ZIMMER BIOMET HOLDINGS INC                                                                   | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |   1853722 | NS      | $166686682.24   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRICK MINING CORP                                                      | BARRICK MINING CORP (USD)                                                                    | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |  14360810 | NS      | $625413275.50   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                                                            | BOEING CO/THE                                                                                | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |   4282708 | NS      | $929861560.96   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                                                     | BANK OF AMERICA CORP                                                                         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   8976046 | NS      | $493682530.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                                                            | BOEING CO/THE SER A CV PFD CUMULATIVE DEP SHS (1/20TH 6.00% SER A CV PFD) 10-15-27           | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |   2265217 | NS      | $156435886.02   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC                                             | BRITISH AMERICAN TOBACCO PLC                                                                 | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |  51349819 | NS      | $2910386927.48  | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| BUNGE GLOBAL SA                                                          | BUNGE GLOBAL SA                                                                              | CUSIP: N/A<br>LEI: 254900IVXSV9K0B7PO26       | Long             | EC               | CORP              | US        |   4549819 | NS      | $405297876.52   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD INFRASTRUCTURE PARTNERS LP                                    | BROOKFIELD INFRASTRUCTURE PARTNERS LP (CAD)                                                  | CUSIP: N/A<br>LEI: 549300WEH5R2OODI7Y90       | Long             | EC               | CORP              | BM        |   6980868 | NS      | $242655795.62   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HOLDINGS INC                                                     | BOOKING HOLDINGS INC                                                                         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |    110872 | NS      | $593756147.76   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BAKER HUGHES CO                                                          | BAKER HUGHES CO CL A                                                                         | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   4910830 | NS      | $223639198.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                 | BUILDERS FIRSTSOURCE INC                                                                     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |   1177908 | NS      | $121194954.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK INC                                                            | BLACKROCK INC                                                                                | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |    229774 | NS      | $245936303.16   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| B&M EUROPEAN VALUE RETAIL SA                                             | BANDM EUROPEAN VALUE RETAIL SA                                                               | CUSIP: N/A<br>LEI: 213800UK7ZRLY2K1X530       | Long             | EC               | CORP              | GB        |  40039390 | NS      | $91101387.56    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                  | BRISTOL-MYERS SQUIBB CO                                                                      | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |   3438434 | NS      | $185469129.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                               | CAPITAL ONE FINANCIAL CORP                                                                   | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |   2546871 | NS      | $617259655.56   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| COOPER COS INC/THE                                                       | COOPER COS INC/THE                                                                           | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |   1246218 | NS      | $102140027.28   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                                           | CONOCOPHILLIPS                                                                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   6787687 | NS      | $635395380.07   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP                                                    | COSTCO WHOLESALE CORP                                                                        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     83000 | NS      | $71574220.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES INC                                                        | EOG RESOURCES INC                                                                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |   3856115 | NS      | $404930636.15   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BENDING SPOONS SPA                                                       | BENDING SPOONS SPA CL C PP (DRS) (NOT LISTED OR TRADING)                                     | CUSIP: N/A<br>LEI: 8156003EE5CFCCBBEB31       | Long             | EC               | CORP              | IT        |   1311947 | NS      | $117670185.08   | 0.07%             |  |  |  | No            |                  3 | On Loan: No      |
| STRATEGY INC                                                             | STRATEGY INC CL A PFD 10.00% PRP (PHYSICAL)                                                  | CUSIP: 594972846<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |   2176200 | NS      | $214827500.79   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| ZIPLINE INTERNATIONAL INC                                                | ZIPLINE INTERNATIONAL INC PFD SER H PP (PHYSICAL) (NOT LISTED OR TRADING)                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    518960 | NS      | $29198900.37    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                   | EQUITABLE HOLDINGS INC                                                                       | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    391980 | NS      | $18677847.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NORWEGIAN CRUISE LINE HOLDINGS LTD                                       | NORWEGIAN CRUISE LINE HOLDINGS LTD                                                           | CUSIP: N/A<br>LEI: 254900W8I5G9146RBD88       | Long             | EC               | CORP              | US        |  15409313 | NS      | $343935866.16   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NESTLE SA                                                                | NESTLE SA                                                                                    | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |   9949951 | NS      | $988959653.67   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| CLOUDFLARE INC                                                           | CLOUDFLARE INC CL A                                                                          | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |   2636830 | NS      | $519851034.50   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC CO AKA GE AEROSPACE                                     | GENERAL ELECTRIC CO AKA GE AEROSPACE                                                         | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |   6018013 | NS      | $1853728544.39  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                                                           | GE VERNOVA INC                                                                               | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |    937317 | NS      | $612602271.69   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GLENCORE PLC                                                             | GLENCORE PLC                                                                                 | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | CH        |  75573864 | NS      | $411101818.72   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| GRUPO MEXICO SAB DE CV                                                   | GRUPO MEXICO SAB DE CV SER B                                                                 | CUSIP: N/A<br>LEI: 529900JWLZAYET2ZGW20       | Long             | EC               | CORP              | MX        | 106915100 | NS      | $1009511284.35  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                                             | ALPHABET INC CL C                                                                            | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |  20036843 | NS      | $6287561333.40  | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT CORP                                                                 | EQT CORP                                                                                     | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |   5701653 | NS      | $305608600.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSILORLUXOTTICA SA                                                      | ESSILORLUXOTTICA SA                                                                          | CUSIP: N/A<br>LEI: 549300M3VH1A3ER1TB49       | Long             | EC               | CORP              | FR        |    752074 | NS      | $237786261.19   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| EVOLUTION AB                                                             | EVOLUTION AB                                                                                 | CUSIP: N/A<br>LEI: 549300SUH6ZR1RF6TA88       | Long             | EC               | CORP              | SE        |   2326396 | NS      | $158325104.04   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| EXELON CORP                                                              | EXELON CORP                                                                                  | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |   2508361 | NS      | $109339455.99   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC                                                  | EXTRA SPACE STORAGE INC (REIT)                                                               | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |   2453180 | NS      | $319453099.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORP                                                               | FEDEX CORP                                                                                   | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |    363284 | NS      | $104938216.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP                                                         | FIRSTENERGY CORP                                                                             | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |  20878882 | NS      | $934747547.14   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| FAIR ISAAC CORP                                                          | FAIR ISAAC CORP                                                                              | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |     70000 | NS      | $118343400.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES INC                               | FIDELITY NATIONAL INFORMATION SERVICES INC                                                   | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    575155 | NS      | $38224801.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COMFORT SYSTEMS USA INC                                                  | COMFORT SYSTEMS USA INC                                                                      | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |    250495 | NS      | $233784478.55   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                               | FIRST QUANTUM MINERALS LTD                                                                   | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |  11000000 | NS      | $294925503.62   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI AVIATION LTD                                                        | FTAI AVIATION LTD                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   2595772 | NS      | $510977718.20   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD CORP                                                          | BROOKFIELD CORP A (USD)                                                                      | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |  17481505 | NS      | $802226264.45   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN & BROWN INC                                                        | BROWN & BROWN INC                                                                            | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |   1745217 | NS      | $139093794.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC                                             | BRITISH AMERICAN TOBACCO PLC ADR                                                             | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    548806 | NS      | $31073395.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BURLINGTON STORES INC                                                    | BURLINGTON STORES INC                                                                        | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |   1337941 | NS      | $386464257.85   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE INC                                                           | BLACKSTONE INC                                                                               | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |   1366434 | NS      | $210622136.76   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                                            | CITIGROUP INC                                                                                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |   4773087 | NS      | $556971522.03   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CAIXABANK SA                                                             | CAIXABANK SA (BEARER)                                                                        | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |   4479830 | NS      | $54708754.51    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                      | CARRIER GLOBAL CORP                                                                          | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |  10089986 | NS      | $533154860.24   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                                                          | CATERPILLAR INC                                                                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    122000 | NS      | $69890140.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP                                                | CONSTELLATION ENERGY CORP                                                                    | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |   1501302 | NS      | $530364957.54   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP INC                                             | CITIZENS FINANCIAL GROUP INC                                                                 | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |   4588119 | NS      | $267992030.79   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE FINANCIERE RICHEMONT SA                                        | COMPAGNIE FINANCIERE RICHEMONT SA CL A                                                       | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |    882993 | NS      | $190564202.50   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                                                   | CHURCH & DWIGHT CO INC                                                                       | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |   2982573 | NS      | $250088746.05   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CH ROBINSON WORLDWIDE INC                                                | CH ROBINSON WORLDWIDE INC                                                                    | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |   1000000 | NS      | $160760000.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER COMMUNICATIONS INC                                               | CHARTER COMMUNICATIONS INC CL A                                                              | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    897574 | NS      | $187368572.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                                                             | COMCAST CORP CL A                                                                            | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   4194853 | NS      | $125384156.17   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL INC                                               | CHIPOTLE MEXICAN GRILL INC                                                                   | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |  33497894 | NS      | $1239422078.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                   | CENTERPOINT ENERGY INC                                                                       | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |   9780396 | NS      | $374980382.64   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD                                           | CANADIAN NATURAL RESOURCES LTD                                                               | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |  36631893 | NS      | $1240768427.79  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| COUPANG INC                                                              | COUPANG INC CL A                                                                             | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |  35999802 | NS      | $849235329.18   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE CO                                                                 | CRANE CO                                                                                     | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |    129452 | NS      | $23874832.36    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UNICREDIT SPA                                                            | UNICREDIT SPA                                                                                | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |   1889414 | NS      | $156851064.98   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                           | SALESFORCE INC                                                                               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |   2912996 | NS      | $771681770.36   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP INC                                                         | COSTAR GROUP INC                                                                             | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |   1119553 | NS      | $75278743.72    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC                                               | CONSTELLATION SOFTWARE INC                                                                   | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |    163353 | NS      | $392913623.69   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CENOVUS ENERGY INC                                                       | CENOVUS ENERGY INC                                                                           | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |  24838181 | NS      | $420197852.77   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| CARVANA CO                                                               | CARVANA CO CL A                                                                              | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |    743815 | NS      | $313904806.30   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                                                          | CVS HEALTH CORP                                                                              | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |   7612425 | NS      | $604122048.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE NXT CO                                                             | CRANE NXT CO                                                                                 | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |    775615 | NS      | $36508198.05    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                                | CAESARS ENTERTAINMENT INC                                                                    | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |   8000000 | NS      | $187120000.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DANONE SA                                                                | DANONE SA                                                                                    | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |    696676 | NS      | $62860671.41    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| DEERE & CO                                                               | DEERE & CO                                                                                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |    398581 | NS      | $185567356.17   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DR HORTON INC                                                            | DR HORTON INC                                                                                | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |   4409140 | NS      | $635048434.20   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                                                             | DANAHER CORP                                                                                 | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |   1106415 | NS      | $253280521.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE INC                                                          | DOLLAR TREE INC                                                                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |   1450125 | NS      | $178379876.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DSV A/S                                                                  | DSV A/S                                                                                      | CUSIP: N/A<br>LEI: 529900X41C0BSLK67H70       | Long             | EC               | CORP              | DK        |   1553649 | NS      | $390969794.62   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                   | CENTERPOINT ENERGY INC (DRS)                                                                 | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |   2446304 | NS      | $93791295.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CHECKOUT PAYMENTS GROUP LTD                                              | CHECKOUT PAYMENTS GROUP LTD B PP (PHYSICAL) (NOT LISTED OR TRADING)                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JE        |    159760 | NS      | $13296824.80    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| UNITED RENTALS INC                                                       | UNITED RENTALS INC                                                                           | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |   1079147 | NS      | $873375250.04   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS HOLDING CORP                                                    | US FOODS HOLDING CORP                                                                        | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |   1800000 | NS      | $135576000.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                                                                 | VISA INC CL A                                                                                | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |   6152208 | NS      | $2157640867.68  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                                             | ALPHABET INC CL A                                                                            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   5338248 | NS      | $1670871624.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                  | GOLDMAN SACHS GROUP INC                                                                      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    588870 | NS      | $517616730.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| GUIDEWIRE SOFTWARE INC                                                   | GUIDEWIRE SOFTWARE INC                                                                       | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |    490378 | NS      | $98570881.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                                                           | HOME DEPOT INC                                                                               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    306310 | NS      | $105401271.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFCO AB                                                                 | LIFCO AB CL B                                                                                | CUSIP: N/A<br>LEI: 549300RTLL4VDQRCTW41       | Long             | EC               | CORP              | SE        |   8968067 | NS      | $338923479.15   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| LINDE PUBLIC LIMITED COMPANY (NEW)                                       | LINDE PUBLIC LIMITED COMPANY (NEW)                                                           | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | US        |    299996 | NS      | $127915294.44   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY AND CO                                                         | ELI LILLY AND CO                                                                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |   2479028 | NS      | $2664161811.04  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| LOAR HOLDINGS INC                                                        | LOAR HOLDINGS INC                                                                            | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2870001 | NS      | $195160068.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VIPER ENERGY INC                                                         | VIPER ENERGY INC CL A                                                                        | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2961672 | NS      | $114409389.36   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INC                                               | VERTEX PHARMACEUTICALS INC                                                                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |   1486834 | NS      | $674071062.24   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                                                              | VISTRA CORP                                                                                  | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |   1000000 | NS      | $161330000.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTIONS INC                                                    | WASTE CONNECTIONS INC (USD)                                                                  | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |   1806463 | NS      | $316781351.68   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO - SHORT-TERM INVESTMENTS TRUST - GOVERNMENT AND AGENCY PORTFOLIO | INVESCO - SHORT-TERM INVESTMENTS TRUST - GOVERNMENT AND AGENCY PORTFOLIO                     | CUSIP: 825252885<br>LEI: N/A                  | Long             | EC               | RF                | US        |  55498839 | PA      | $55498838.69    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** American Funds Fundamental Investors

**Signature:** Scott Lewis

**Name of Signer:** Scott Lewis

**Title:** Compliance Specialist Senior