LOGO

 

Semi-Annual Report

Period Ended: April 30, 2022 (Unaudited)

 

 

DIMENSIONAL ETF TRUST

 

 

Dimensional US Core Equity Market ETF

Dimensional US High Profitability ETF

Dimensional US Real Estate ETF

Dimensional US Small Cap Value ETF

Dimensional International Core Equity Market ETF

Dimensional International Core Equity 2 ETF

Dimensional International Small Cap Value ETF

Dimensional International Small Cap ETF

Dimensional International High Profitability ETF

Dimensional Emerging Core Equity Market ETF

Dimensional Emerging Markets High Profitability ETF

Dimensional Emerging Markets Value ETF

Dimensional Emerging Markets Core Equity 2 ETF


LOGO

June 2022

Dear Shareholder,

The investment world is constantly evolving. In many ways, investors have benefited from an industry marked by new solutions, advancing technology, and increased personalization. Dimensional has been innovating on behalf of investors since 1981, using financial science to pursue higher expected returns in a flexible, diversified, low-cost manner.

A common thread in Dimensional’s history is the consistent, systematic application of financial theory and empirical research in managing strategies. We seek sensible ideas that we can implement well. In recent years, we have developed strategies in different product structures to give financial professionals more choices in how they integrate Dimensional Investing into client portfolios. In the first half of this year, for example, we broadened our suite of exchange-traded funds, launched a new fixed income mutual fund, and enhanced the investment management capabilities and services we provide clients.

On behalf of everyone at Dimensional, we thank you for entrusting us with your investments.

Sincerely,

 

LOGO    LOGO
David P. Butler    Gerard O’Reilly
CO-CHIEF EXECUTIVE OFFICER    CO-CHIEF EXECUTIVE OFFICER and CHIEF INVESTMENT OFFICER


DIMENSIONAL ETF TRUST

SEMI-ANNUAL REPORT

(Unaudited)

Table of Contents

 

Letter to Shareholders

  

Definitions of Abbreviations and Footnotes

     3  

Disclosure of Expenses

     4  

Disclosure of Portfolio Holdings

     7  

Summary Schedules of Investments

  

Dimensional US Core Equity Market ETF

     9  

Dimensional US High Profitability ETF

     12  

Dimensional US Real Estate ETF

     15  

Dimensional US Small Cap Value ETF

     17  

Dimensional International Core Equity Market ETF

     20  

Dimensional International Core Equity 2 ETF

     24  

Dimensional International Small Cap Value ETF

     28  

Dimensional International Small Cap ETF

     32  

Dimensional International High Profitability ETF

     36  

Dimensional Emerging Core Equity Market ETF

     39  

Dimensional Emerging Markets High Profitability ETF

     43  

Dimensional Emerging Markets Value ETF

     46  

Dimensional Emerging Markets Core Equity 2 ETF

     49  

Statements of Assets and Liabilities

     53  

Statements of Operations

     58  

Statements of Changes in Net Assets

     63  

Financial Highlights

     70  

Notes to Financial Statements

     77  

Results of the Shareholder Meeting

     91  

Voting Proxies on Fund Portfolio Securities

     92  

Statement Regarding Liquidity Risk Management Program

     93  

Board Approval of Investment Management Agreements

     95  

This report is submitted for the information of each Fund’s shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

 

ii


DIMENSIONAL ETF TRUST

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

(Unaudited)

 

Summary Schedules of Investments

Investment Abbreviations

ADR    American Depositary Receipt
GDR    Global Depositary Receipt
PLC    Public Limited Company
SA    Special Assessment

Investment Footnotes

   See Note B to Financial Statements.
   Calculated as a percentage of total net assets. Percentages shown parenthetically next to the category headings have been calculated as a percentage of total investments. “Other Securities” are those securities that are not among the top 50 holdings in unaffiliated issuers of the Fund or do not represent more than 1.0% of the net assets of the Fund. Some of the individual securities within this category may include Total or Partial Securities on Loan and/or Non-Income Producing Securities.
*    Non-Income Producing Security
§    Affiliated Fund
@    Security purchased with cash collateral received from Securities on Loan
#    Total or Partial Securities on Loan

Financial Highlights

(**)    The net asset value per share for financial reporting purposes differs from the NAV reported due to adjustments made in accordance with accounting principles generally accepted in the United States of America
(a)    Computed using average shares outstanding
(b)    Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, if any, and redemption on the last day of the period at net asset value. This percentage is not an indication of the performance of a shareholder’s investment in the Fund based on market value due to differences between the market price of the shares and the net asset value per share of the Fund
(c)    Not annualized for periods less than one year
(d)    Market value total return is calculated assuming an initial investment made at the market value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, if any, and redemption on the last day of the period at market value. Market value is determined by the composite closing price. Composite closing security price is defined as the last reported sale price from any primary listing market (e.g., NYSE Arca) or participating regional exchanges or markets. The composite closing price is the last reported sale price from any of the eligible sources, regardless of volume and not an average price and may have occurred on a date prior to the close of the reporting period. Market value may be greater or less than net asset value, depending on the Fund’s closing price on the listing market
(e)    Annualized for periods less than one year
(f)    Excludes impact of in-kind transactions

All Statements, Schedules and Notes to Financial Statements

   Amounts designated as — are either zero or rounded to zero
SEC    Securities and Exchange Commission

 

3


DIMENSIONAL ETF TRUST

DISCLOSURE OF FUND EXPENSES

(Unaudited)

 

The following Expense Tables are shown so that you can understand the impact of fees on your investment. All mutual funds have operating expenses. As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports, among others. Operating expenses and legal and audit services, which are deducted from a fund’s gross income, directly reduce the investment return of the fund. A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs, in dollars, of investing in the fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The Expense Tables below illustrate your fund’s costs in two ways.

Actual Fund Return

This section helps you to estimate the actual expenses after fee waivers that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return and “Expenses Paid During Period” reflects the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, a $7,500 account value divided by $1,000 = 7.5), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”

Hypothetical Example for Comparison Purposes

This section is intended to help you compare your fund’s costs with those of other mutual funds. The hypothetical “Ending Account Value” and “Expenses Paid During Period” are derived from the fund’s actual expense ratio and an assumed 5% annual return before expenses. In this case, because the return used is not the fund’s actual return, the results do not apply to your investment. The example is useful in making comparisons because the SEC requires all mutual funds to calculate expenses based on a 5% annual return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Please note that the expenses shown in the tables are meant to highlight and help you compare ongoing costs only and do not reflect any transactional costs, such as brokerage commissions, if applicable. The “Annualized Expense Ratio” represents the actual expenses for the six-month period indicated.

 

     For the period ended April 30, 2022  
Expense Tables   
     Beginning
Account
Value
11/1/2021
       Ending
Account
Value
4/30/2022
       Annualized
Expense
Ratio
       Expenses
Paid
During
Period(a)
 

Dimensional US Core Equity Market ETF

                 

Actual Fund Return

   $ 1,000.00        $ 902.40          0.12      $ 0.57  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,024.20          0.12      $ 0.60  

Dimensional US High Profitability ETF

                 

Actual Fund Return(b)

   $ 1,000.00        $ 1,006.10          0.22      $ 0.40  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,023.70          0.22      $ 1.10  

 

4


DISCLOSURE OF FUND EXPENSES

CONTINUED

 

     Beginning
Account
Value
11/1/2021
       Ending
Account
Value
4/30/2022
       Annualized
Expense
Ratio
       Expenses
Paid
During
Period(a)
 

Dimensional US Real Estate ETF

                 

Actual Fund Return(b)

   $ 1,000.00        $ 1,056.00          0.19      $ 0.35  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,023.85          0.19      $ 0.95  

Dimensional US Small Cap Value ETF

                 

Actual Fund Return(b)

   $ 1,000.00        $ 983.30          0.31      $ 0.56  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,023.26          0.31      $ 1.56  

Dimensional International Core Equity Market ETF

                 

Actual Fund Return

   $ 1,000.00        $ 916.60          0.18      $ 0.86  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,023.90          0.18      $ 0.90  

Dimensional International Core Equity 2 ETF

                 

Actual Fund Return(c)

   $ 1,000.00        $ 943.90          0.23      $ 0.23  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,023.65          0.23      $ 1.15  

Dimensional International Small Cap Value ETF

                 

Actual Fund Return(c)

   $ 1,000.00        $ 940.50          0.42      $ 0.42  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,022.71          0.42      $ 2.11  

Dimensional International Small Cap ETF

                 

Actual Fund Return(c)

   $ 1,000.00        $ 936.10          0.39      $ 0.39  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,022.86          0.39      $ 1.96  

Dimensional International High Profitability ETF

                 

Actual Fund Return(c)

   $ 1,000.00        $ 939.90          0.29      $ 0.29  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,023.36          0.29      $ 1.45  

Dimensional Emerging Core Equity Market ETF

                 

Actual Fund Return

   $ 1,000.00        $ 904.70          0.35      $ 1.65  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,023.06          0.35      $ 1.76  

Dimensional Emerging Markets High Profitability ETF

                 

Actual Fund Return(d)

   $ 1,000.00        $ 1,020.20          0.41      $ 0.05  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,022.76          0.41      $ 2.06  

Dimensional Emerging Markets Value ETF

                 

Actual Fund Return(d)

   $ 1,000.00        $ 1,012.60          0.43      $ 0.05  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,022.66          0.43      $ 2.16  

Dimensional Emerging Markets Core Equity 2 ETF

                 

Actual Fund Return(d)

   $ 1,000.00        $ 1,018.20          0.39      $ 0.04  

Hypothetical 5% Annual Return

   $ 1,000.00        $ 1,022.86          0.39      $ 1.96  

 

(a)

Expenses are equal to the Fund’s annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (181), then divided by the number of days in the year (365) (to reflect the six-month period).

 

5


DISCLOSURE OF FUND EXPENSES

CONTINUED

 

(b)

Information shown reflects values for the stub period of 66 days from February 23, 2022 (commencement of operations) to April 30, 2022 and has been calculated using expense ratios and rates of returns for the same period.

 

(c)

Information shown reflects values for the stub period of 38 days from March 23, 2022 (commencement of operations) to April 30, 2022 and has been calculated using expense ratios and rates of returns for the same period.

 

(d)

Information shown reflects values for the stub period of 4 days from April 26, 2022 (commencement of operations) to April 30, 2022 and has been calculated using expense ratios and rates of returns for the same period.

 

6


DIMENSIONAL ETF TRUST

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

 

The SEC requires that all funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. For Dimensional ETF Trust, this would be for the fiscal quarters ending January 31 and July 31. Such Form N-PORT filing must be made within 60 days of the end of the quarter. Dimensional ETF Trust filed its most recent Form N-PORT with the SEC on March 31, 2022. They are available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

SEC regulations permit a fund to include in its reports to shareholders a “Summary Schedule of Portfolio Holdings” in lieu of a full Schedule of Investments. The Summary Schedule of Portfolio Holdings reports the fund’s 50 largest holdings in unaffiliated issuers and any investments that exceed one percent of the fund’s net assets at the end of the reporting period. The regulations also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

A fund is required to file a complete Schedule of Investments with the SEC on Form N-CSR within ten days after mailing the annual and semi-annual reports to shareholders. It will be available upon request, without charge, by calling collect: (512) 306-7400; by mailing a request to Dimensional Fund Advisors LP, 6300 Bee Cave Road, Building One, Austin, TX 78746; or by visiting the SEC’s website at http://www.sec.gov.

PORTFOLIO HOLDINGS

The SEC requires that all funds present their categories of portfolio holdings in a table, chart, or graph format in their annual and semi-annual shareholder reports, whether or not a Schedule of Investments is used. The following table, which presents portfolio holdings as a percentage of total investments before short-term investments and collateral for loaned securities, is provided in compliance with this requirement. The categories shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

 

Dimensional US Core Equity Market ETF

 

Communication Services

    7.6

Consumer Discretionary

    11.4

Consumer Staples

    6.9

Energy

    5.0

Financials

    12.7

Health Care

    12.7

Industrials

    10.5

Information Technology

    25.6

Materials

    3.9

Real Estate

    0.2

Utilities

    3.5
 

 

 

 
    100.0
Dimensional US High Profitability ETF

 

Communication Services

    3.3

Consumer Discretionary

    17.5

Consumer Staples

    12.3

Energy

    1.3

Financials

    5.1

Health Care

    11.4

Industrials

    14.7

Information Technology

    29.5

Materials

    4.7

Utilities

    0.2
 

 

 

 
    100.0
Dimensional US Real Estate ETF

 

Real Estate

    100.0
 

 

 

 
    100.0

 

Dimensional US Small Cap Value ETF

 

Communication Services

    2.4

Consumer Discretionary

    13.1

Consumer Staples

    4.1

Energy

    10.4

Financials

    27.1

Health Care

    4.6

Industrials

    21.3

Information Technology

    7.3

Materials

    8.0

Real Estate

    0.9

Utilities

    0.8
 

 

 

 
    100.0
Dimensional International Core Equity Market ETF

 

Communication Services

    4.8

Consumer Discretionary

    11.2

Consumer Staples

    8.8

Energy

    6.6

Financials

    18.4

Health Care

    10.9

Industrials

    16.7

Information Technology

    7.6

Materials

    10.3

Real Estate

    1.1

Utilities

    3.6
 

 

 

 
    100.0
Dimensional International Core Equity 2 ETF

 

Communication Services

    5.4

Consumer Discretionary

    11.9

Consumer Staples

    8.0

Energy

    6.7

Financials

    16.1

Health Care

    7.9

Industrials

    18.2

Information Technology

    7.5

Materials

    12.4

Real Estate

    2.4

Utilities

    3.5
 

 

 

 
    100.0

 

7


DIMENSIONAL ETF TRUST

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

 

Dimensional International Small Cap Value ETF

 

Communication Services

    3.6

Consumer Discretionary

    12.8

Consumer Staples

    4.9

Energy

    8.6

Financials

    18.4

Health Care

    3.6

Industrials

    20.3

Information Technology

    4.7

Materials

    18.6

Real Estate

    3.8

Utilities

    0.7
 

 

 

 
    100.0
Dimensional International Small Cap ETF

 

Communication Services

    4.5

Consumer Discretionary

    12.5

Consumer Staples

    5.9

Energy

    6.1

Financials

    11.3

Health Care

    5.9

Industrials

    22.5

Information Technology

    10.7

Materials

    12.3

Real Estate

    4.5

Utilities

    3.8
 

 

 

 
    100.0
Dimensional International High Profitability ETF

 

Communication Services

    7.9

Consumer Discretionary

    15.2

Consumer Staples

    9.8

Energy

    6.0

Financials

    5.1

Health Care

    12.5

Industrials

    17.4

Information Technology

    9.6

Materials

    13.9

Real Estate

    0.4

Utilities

    2.2
 

 

 

 
    100.0

 

Dimensional Emerging Core Equity Market ETF

 

Communication Services

    8.5

Consumer Discretionary

    11.1

Consumer Staples

    5.6

Energy

    5.7

Financials

    19.8

Health Care

    3.7

Industrials

    7.8

Information Technology

    20.3

Materials

    11.8

Real Estate

    2.7

Utilities

    3.0
 

 

 

 
    100.0
Dimensional Emerging Markets High Profitability ETF

 

Communication Services

    14.8

Consumer Discretionary

    10.0

Consumer Staples

    9.1

Energy

    5.4

Financials

    4.2

Health Care

    2.8

Industrials

    5.3

Information Technology

    28.3

Materials

    17.2

Real Estate

    2.1

Utilities

    0.8
 

 

 

 
    100.0
Dimensional Emerging Markets Value ETF

 

Communication Services

    3.0

Consumer Discretionary

    7.7

Consumer Staples

    2.5

Energy

    13.1

Financials

    28.0

Health Care

    2.2

Industrials

    8.2

Information Technology

    11.3

Materials

    17.5

Real Estate

    5.4

Utilities

    1.1
 

 

 

 
    100.0

 

Dimensional Emerging Markets Core Equity 2 ETF

 

Communication Services

    8.5

Consumer Discretionary

    9.4

Consumer Staples

    6.3

Energy

    5.2

Financials

    16.0

Health Care

    4.6

Industrials

    9.1

Information Technology

    21.1

Materials

    14.1

Real Estate

    3.3

Utilities

    2.4
 

 

 

 
    100.0

 

8


DIMENSIONAL US CORE EQUITY MARKET ETF

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)

 

       

Shares

      

Value†

      

Percentage
of Net Assets‡

 

COMMON STOCKS — (99.3%)

           

COMMUNICATION SERVICES — (7.5%)

           

*

 

Alphabet, Inc., Class A

    13,171        $ 30,058,724          1.6%  

*

 

Alphabet, Inc., Class C

    12,745          29,304,961          1.5%  
 

Comcast Corp., Class A

    230,364          9,159,273          0.5%  

*

 

Meta Platforms, Inc., Class A

    107,125          21,475,349          1.1%  
 

Verizon Communications, Inc.

    239,928          11,108,666          0.6%  

*

 

Walt Disney Co. (The)

    62,170          6,940,037          0.4%  
 

Other Securities

         37,071,760          1.9%  
        

 

 

      

 

 

 

TOTAL COMMUNICATION SERVICES

         145,118,770          7.6%  
        

 

 

      

 

 

 

CONSUMER DISCRETIONARY — (11.4%)

           

*

 

Amazon.com, Inc.

    19,507          48,487,184          2.5%  
 

Home Depot, Inc. (The)

    45,859          13,776,044          0.7%  
 

Lowe’s Cos., Inc.

    34,305          6,783,128          0.4%  
 

McDonald’s Corp.

    36,053          8,982,965          0.5%  
 

Target Corp.

    31,892          7,292,106          0.4%  

*

 

Tesla, Inc.

    35,071          30,538,424          1.6%  
 

Other Securities

         103,487,502          5.3%  
        

 

 

      

 

 

 

TOTAL CONSUMER DISCRETIONARY

         219,347,353          11.4%  
        

 

 

      

 

 

 

CONSUMER STAPLES — (6.9%)

           
 

Coca-Cola Co. (The)

    189,738          12,258,972          0.6%  
 

Costco Wholesale Corp.

    20,105          10,690,231          0.6%  
 

PepsiCo., Inc.

    73,647          12,645,926          0.7%  
 

Philip Morris International, Inc.

    69,862          6,986,200          0.4%  
 

Procter & Gamble Co. (The)

    121,620          19,526,091          1.0%  
 

Walmart, Inc.

    76,219          11,660,745          0.6%  
 

Other Securities

         59,609,448          3.0%  
        

 

 

      

 

 

 

TOTAL CONSUMER STAPLES

         133,377,613          6.9%  
        

 

 

      

 

 

 

ENERGY — (5.0%)

           
 

Chevron Corp.

    85,168          13,343,271          0.7%  
 

Exxon Mobil Corp.

    195,533          16,669,188          0.9%  
 

Other Securities

         66,495,456          3.4%  
        

 

 

      

 

 

 

TOTAL ENERGY

         96,507,915          5.0%  
        

 

 

      

 

 

 

FINANCIALS — (12.6%)

           
 

Bank of America Corp.

    332,069          11,848,222          0.6%  

*

 

Berkshire Hathaway, Inc., Class B

    71,726          23,155,305          1.2%  
 

JPMorgan Chase & Co.

    143,296          17,103,811          0.9%  
 

Wells Fargo & Co.

    168,381          7,346,463          0.4%  
 

Other Securities

         184,385,955          9.6%  
        

 

 

      

 

 

 

TOTAL FINANCIALS

         243,839,756          12.7%  
        

 

 

      

 

 

 

HEALTH CARE — (12.6%)

           
 

AbbVie, Inc.

    96,979          14,244,276          0.8%  
 

Bristol-Myers Squibb Co.

    100,623          7,573,893          0.4%  
 

CVS Health Corp.

    76,435          7,347,697          0.4%  
 

Eli Lilly & Co.

    37,907          11,073,772          0.6%  
 

Johnson & Johnson

    133,811          24,147,533          1.3%  
 

Merck & Co., Inc.

    90,366          8,014,561          0.4%  
 

Pfizer, Inc.

    255,058          12,515,696          0.7%  
 

Thermo Fisher Scientific, Inc.

    12,658          6,998,861          0.4%  

 

9


DIMENSIONAL US CORE EQUITY MARKET ETF

CONTINUED

 

       

Shares

      

Value†

      

Percentage
of Net Assets‡

 

HEALTH CARE — (Continued)

           
 

UnitedHealth Group, Inc.

    44,193        $ 22,474,350          1.2%  
 

Other Securities

         129,577,772          6.5%  
        

 

 

      

 

 

 

TOTAL HEALTH CARE

         243,968,411          12.7%  
        

 

 

      

 

 

 

INDUSTRIALS — (10.4%)

           
 

Caterpillar, Inc.

    32,661          6,876,447          0.4%  
 

Raytheon Technologies Corp.

    76,239          7,235,843          0.4%  
 

Union Pacific Corp.

    38,465          9,011,965          0.5%  
 

United Parcel Service, Inc., Class B

    39,980          7,195,600          0.4%  
 

Other Securities

         170,721,355          8.8%  
        

 

 

      

 

 

 

TOTAL INDUSTRIALS

         201,041,210          10.5%  
        

 

 

      

 

 

 

INFORMATION TECHNOLOGY — (25.4%)

           
 

Accenture PLC, Class A

    25,298          7,598,507          0.4%  
 

Apple, Inc.

    752,640          118,653,696          6.2%  
 

Broadcom, Inc.

    23,625          13,097,464          0.7%  
 

Cisco Systems, Inc.

    204,643          10,023,414          0.5%  
 

Intel Corp.

    250,220          10,907,090          0.6%  
 

Mastercard, Inc., Class A

    45,038          16,365,908          0.9%  
 

Microsoft Corp.

    325,363          90,294,740          4.7%  
 

NVIDIA Corp.

    100,045          18,555,346          1.0%  
 

QUALCOMM, Inc.

    56,333          7,869,157          0.4%  
 

Texas Instruments, Inc.

    48,777          8,304,284          0.4%  
 

Visa, Inc., Class A

    81,051          17,274,400          0.9%  
 

Other Securities

         171,713,838          8.8%  
        

 

 

      

 

 

 

TOTAL INFORMATION TECHNOLOGY

         490,657,844          25.5%  
        

 

 

      

 

 

 

MATERIALS — (3.8%)

           
 

Linde PLC

    24,129          7,527,283          0.4%  
 

Other Securities

         66,530,807          3.5%  
        

 

 

      

 

 

 

TOTAL MATERIALS

         74,058,090          3.9%  
        

 

 

      

 

 

 

REAL ESTATE — (0.2%)

           
 

Other Securities

         3,995,570          0.2%  
        

 

 

      

 

 

 

UTILITIES — (3.5%)

           
 

NextEra Energy, Inc.

    97,723          6,940,287          0.4%  
 

Other Securities

         59,443,106          3.1%  
        

 

 

      

 

 

 

TOTAL UTILITIES

         66,383,393          3.5%  
        

 

 

      

 

 

 

TOTAL COMMON STOCK

         1,918,295,925          99.9%  
        

 

 

      

 

 

 

RIGHTS/WARRANTS — (0.0%)

           

HEALTH CARE — (0.0%)

           
 

Other Securities

         1,229          0.0%  
        

 

 

      

 

 

 

TOTAL RIGHTS/WARRANTS

         1,229          0.0%  
        

 

 

      

 

 

 

TOTAL INVESTMENT SECURITIES — (99.3%)

           

(Cost $1,968,656,177)

         1,918,297,154       
        

 

 

      

SECURITIES LENDING COLLATERAL — (0.7%)

           

 

The DFA Short Term Investment Fund

    1,192,832          13,800,475          0.7%  
        

 

 

      

 

 

 

TOTAL INVESTMENTS — 100.0%

           

(Cost $1,982,456,652)

         1,932,097,629          100.6%  
        

 

 

      

 

 

 

 

10


DIMENSIONAL US CORE EQUITY MARKET ETF

CONTINUED

 

Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

 

     Investments in Securities (Market Value)  
     Level 1        Level 2        Level 3        Total  

Common Stocks

                 

Communication Services

   $ 145,118,770        $        $        $ 145,118,770  

Consumer Discretionary

     219,347,353                            219,347,353  

Consumer Staples

     133,377,613                            133,377,613  

Energy

     96,507,915                            96,507,915  

Financials

     243,839,756                            243,839,756  

Health Care

     243,968,411                            243,968,411  

Industrials

     201,041,210                            201,041,210  

Information Technology

     490,657,844                            490,657,844  

Materials

     74,058,090                            74,058,090  

Real Estate

     3,995,570                            3,995,570  

Utilities

     66,383,393                            66,383,393  

Rights/Warrants

                 

Health Care

              1,229                   1,229  

Collateral for Securities on Loan

     13,800,475                            13,800,475  
  

 

 

      

 

 

      

 

 

      

 

 

 

Total Investments

   $ 1,932,096,400        $ 1,229        $        $ 1,932,097,629  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

See accompanying Notes to Financial Statements.

 

11


DIMENSIONAL US HIGH PROFITABILITY ETF

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)

 

        

Shares

      

Value†

      

Percentage
of Net Assets

 

COMMON STOCKS — (100.0%)

            

COMMUNICATION SERVICES — (3.3%)

            

*

 

Charter Communications, Inc., Class A

     3,494        $ 1,497,144          0.7%  
 

Verizon Communications, Inc.

     114,353          5,294,544          2.3%  
 

Other Securities

          757,456          0.3%  
         

 

 

      

 

 

 

TOTAL COMMUNICATION SERVICES

          7,549,144          3.3%  
         

 

 

      

 

 

 

CONSUMER DISCRETIONARY — (17.5%)

            

*

 

Amazon.com, Inc.

     3,258          8,098,183          3.5%  
 

Home Depot, Inc. (The)

     19,556          5,874,622          2.6%  
 

Lowe’s Cos., Inc.

     12,250          2,422,192          1.1%  

*

 

Lululemon Athletica, Inc.

     4,779          1,694,777          0.7%  
 

NIKE, Inc., Class B

     24,819          3,094,929          1.4%  
 

Ross Stores, Inc.

     20,769          2,072,123          0.9%  
 

Target Corp.

     13,928          3,184,637          1.4%  
 

TJX Cos, Inc. (The)

     32,767          2,007,962          0.9%  
 

Other Securities

          11,252,755          4.9%  
         

 

 

      

 

 

 

TOTAL CONSUMER DISCRETIONARY

          39,702,180          17.4%  
         

 

 

      

 

 

 

CONSUMER STAPLES — (12.3%)

            
 

Altria Group, Inc.

     34,444          1,914,053          0.8%  
 

Coca-Cola Co. (The)

     56,546          3,653,437          1.6%  
 

Costco Wholesale Corp.

     8,860          4,711,039          2.1%  
 

Kroger Co. (The)

     38,134          2,057,711          0.9%  
 

PepsiCo., Inc.

     32,177          5,525,113          2.4%  
 

Procter & Gamble Co. (The)

     20,852          3,347,789          1.5%  
 

Other Securities

          6,840,468          3.0%  
         

 

 

      

 

 

 

TOTAL CONSUMER STAPLES

          28,049,610          12.3%  
         

 

 

      

 

 

 

ENERGY — (1.3%)

            
 

Occidental Petroleum Corp.

     51,215          2,821,434          1.2%  
 

Other Securities

          144,050          0.1%  
         

 

 

      

 

 

 

TOTAL ENERGY

          2,965,484          1.3%  
         

 

 

      

 

 

 

FINANCIALS — (5.1%)

            
 

American Express Co.

     16,134          2,818,771          1.2%  
 

Ameriprise Financial, Inc.

     6,231          1,654,268          0.7%  
 

Aon PLC, Class A

     5,052          1,454,926          0.7%  
 

Discover Financial Services

     14,734          1,656,986          0.7%  
 

S&P Global, Inc.

     4,036          1,519,554          0.7%  
 

Other Securities

          2,575,816          1.1%  
         

 

 

      

 

 

 

TOTAL FINANCIALS

          11,680,321          5.1%  
         

 

 

      

 

 

 

HEALTH CARE — (11.4%)

            
 

AbbVie, Inc.

     40,191          5,903,254          2.6%  
 

Amgen, Inc.

     13,441          3,134,307          1.4%  
 

Eli Lilly & Co.

     18,037          5,269,149          2.3%  
 

Gilead Sciences, Inc.

     36,257          2,151,491          0.9%  
 

Other Securities

          9,557,927          4.2%  
         

 

 

      

 

 

 

TOTAL HEALTH CARE

          26,016,128          11.4%  
         

 

 

      

 

 

 

INDUSTRIALS — (14.7%)

            
 

3M Co.

     16,463          2,374,294          1.0%  
 

Caterpillar, Inc.

     13,653          2,874,503          1.3%  

 

12


DIMENSIONAL US HIGH PROFITABILITY ETF

CONTINUED

 

        

Shares

      

Value†

      

Percentage
of Net Assets

 

INDUSTRIALS (Continued)

            
 

Cintas Corp.

     5,285        $ 2,099,519          0.9%  
 

Deere & Co.

     7,301          2,756,493          1.2%  

*

 

Delta Air Lines, Inc.

     37,659          1,620,467          0.7%  
 

Illinois Tool Works, Inc.

     7,053          1,390,217          0.6%  
 

Lockheed Martin Corp.

     7,062          3,051,631          1.3%  
 

Union Pacific Corp.

     17,950          4,205,505          1.8%  
 

United Parcel Service, Inc., Class B

     17,742          3,193,205          1.4%  

*

 

United Rentals, Inc.

     4,608          1,458,524          0.6%  
 

Other Securities

          8,365,245          3.8%  
         

 

 

      

 

 

 

TOTAL INDUSTRIALS

          33,389,603          14.6%  
         

 

 

      

 

 

 

INFORMATION TECHNOLOGY — (29.5%)

            
 

Accenture PLC, Class A

     13,608          4,087,299          1.8%  
 

Apple, Inc.

     63,820          10,061,223          4.4%  
 

Applied Materials, Inc.

     25,515          2,815,580          1.2%  
 

Automatic Data Processing, Inc.

     10,486          2,287,835          1.0%  
 

Broadcom, Inc.

     11,698          6,485,254          2.9%  
 

International Business Machines Corp.

     25,094          3,317,678          1.5%  
 

Mastercard, Inc., Class A

     16,818          6,111,325          2.7%  
 

Microsoft Corp.

     36,576          10,150,572          4.5%  
 

Oracle Corp.

     38,210          2,804,614          1.2%  
 

QUALCOMM, Inc.

     24,993          3,491,272          1.5%  
 

Texas Instruments, Inc.

     25,298          4,306,984          1.9%  
 

Other Securities

          11,281,813          4.9%  
         

 

 

      

 

 

 

TOTAL INFORMATION TECHNOLOGY

          67,201,449          29.5%  
         

 

 

      

 

 

 

MATERIALS — (4.7%)

            
 

LyondellBasell Industries NV, Class A

     20,438          2,167,041          1.0%  
 

Nucor Corp.

     14,912          2,308,079          1.0%  
 

Sherwin-Williams Co. (The)

     5,730          1,575,521          0.7%  
 

Other Securities

          4,634,622          2.0%  
         

 

 

      

 

 

 

TOTAL MATERIALS

          10,685,263          4.7%  
         

 

 

      

 

 

 

UTILITIES — (0.2%)

            
 

Other Securities

          471,977          0.2%  
         

 

 

      

 

 

 

TOTAL Common Stocks

            

(Cost $236,720,879)

          227,711,159          99.8%  
         

 

 

      

 

 

 

TOTAL INVESTMENT SECURITIES — (100.0%)

            

(Cost $236,720,879)

          227,711,159       
         

 

 

      

TOTAL INVESTMENTS — 100.0%

            

(Cost $236,720,879)

          227,711,159          99.8%  
         

 

 

      

 

 

 

 

13


DIMENSIONAL US HIGH PROFITABILITY ETF

CONTINUED

 

Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

 

     Investments in Securities (Market Value)  
     Level 1        Level 2        Level 3        Total  

Common Stocks

                 

Communication Services

   $ 7,549,144        $        $        $ 7,549,144  

Consumer Discretionary

     39,702,180                            39,702,180  

Consumer Staples

     28,049,610                            28,049,610  

Energy

     2,965,484                            2,965,484  

Financials

     11,680,321                            11,680,321  

Health Care

     26,016,128                            26,016,128  

Industrials

     33,389,603                            33,389,603  

Information Technology

     67,201,449                            67,201,449  

Materials

     10,685,263                            10,685,263  

Utilities

     471,977                            471,977  
  

 

 

      

 

 

      

 

 

      

 

 

 

Total Investments

   $ 227,711,159        $        $        $ 227,711,159  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

See accompanying Notes to Financial Statements.

 

14


DIMENSIONAL US REAL ESTATE ETF

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)

 

       

Shares

      

Value†

      

Percentage
of Net Assets‡

 

COMMON STOCKS — (100.0%)

           

REAL ESTATE — (100.0%)

           
 

Alexandria Real Estate Equities, Inc.

    6,351        $ 1,156,898          1.9%  
 

American Campus Communities, Inc.

    5,715          369,589          0.6%  
 

American Homes 4 Rent, Class A

    13,683          541,984          0.9%  
 

American Tower Corp.

    19,073          4,596,974          7.7%  
 

Americold Realty Trust

    11,191          295,219          0.5%  
 

Apartment Income REIT Corp.

    6,578          323,440          0.5%  
 

AvalonBay Communities, Inc.

    5,843          1,329,166          2.2%  
 

Boston Properties, Inc.

    6,211          730,414          1.2%  
 

Brixmor Property Group, Inc.

    12,501          317,275          0.5%  
 

Camden Property Trust

    4,327          678,863          1.1%  
 

Crown Castle International Corp.

    18,104          3,353,042          5.6%  
 

CubeSmart

    9,160          435,192          0.7%  
 

Digital Realty Trust, Inc.

    11,925          1,742,481          2.9%  
 

Duke Realty Corp.

    16,097          881,311          1.5%  
 

EastGroup Properties, Inc.

    1,748          327,750          0.6%  
 

Equinix, Inc.

    3,818          2,745,447          4.6%  
 

Equity LifeStyle Properties, Inc.

    7,406          572,336          1.0%  
 

Equity Residential

    14,975          1,220,462          2.0%  
 

Essex Property Trust, Inc.

    2,715          893,968          1.5%  
 

Extra Space Storage, Inc.

    5,612          1,066,280          1.8%  
 

Federal Realty Investment Trust

    2,945          344,742          0.6%  
 

First Industrial Realty Trust, Inc.

    5,520          320,160          0.5%  
 

Gaming and Leisure Properties, Inc.

    9,845          436,921          0.7%  
 

Healthcare Trust of America, Inc., Class A

    9,294          283,095          0.5%  
 

Healthpeak Properties, Inc.

    22,758          746,690          1.3%  
 

Host Hotels & Resorts, Inc.

    30,131          613,166          1.0%  
 

Invitation Homes, Inc.

    25,317          1,008,123          1.7%  
 

Iron Mountain, Inc.

    12,147          652,658          1.1%  
 

Kilroy Realty Corp.

    4,416          309,120          0.5%  
 

Kimco Realty Corp.

    24,671          624,916          1.0%  
 

Lamar Advertising Co., Class A

    3,634          401,230          0.7%  
 

Life Storage, Inc.

    3,452          457,355          0.8%  
 

Medical Properties Trust, Inc.

    25,111          461,791          0.8%  
 

Mid-America Apartment Communities, Inc.

    4,830          949,964          1.6%  
 

National Retail Properties, Inc.

    7,360          322,662          0.5%  
 

Prologis, Inc.

    31,005          4,969,791          8.3%  
 

Public Storage

    6,624          2,460,816          4.1%  
 

Realty Income Corp.

    24,302          1,685,587          2.8%  
 

Regency Centers Corp.

    6,441          443,334          0.7%  
 

Rexford Industrial Realty, Inc.

    6,721          524,507          0.9%  
 

SBA Communications Corp.

    4,554          1,580,739          2.6%  
 

Simon Property Group, Inc.

    14,368          1,695,424          2.8%  
 

STAG Industrial, Inc.

    7,453          278,146          0.5%  
 

STORE Capital Corp.

    10,305          292,971          0.5%  
 

Sun Communities, Inc.

    5,011          879,781          1.5%  
 

UDR, Inc.

    13,380          711,950          1.2%  
 

Ventas, Inc.

    16,769          931,518          1.6%  
 

VICI Properties, Inc.

    38,513          1,148,060          1.9%  
 

Welltower, Inc.

    18,777          1,705,139          2.9%  
 

WP Carey, Inc.

    8,005          646,564          1.1%  
 

Other Securities

         8,307,566          13.9%  
        

 

 

      

 

 

 

TOTAL REAL ESTATE

         59,772,577          99.9%  
        

 

 

      

 

 

 

 

15


DIMENSIONAL US REAL ESTATE ETF

CONTINUED

 

       

Shares

      

Value†

      

Percentage
of Net Assets‡

 

TOTAL Common Stocks

           

(Cost $60,284,432)

       $ 59,772,577          99.9%  
        

 

 

      

 

 

 

TOTAL INVESTMENT SECURITIES — (100.0%)

           

(Cost $60,284,432)

         59,772,577       
        

 

 

      

TOTAL INVESTMENTS — 100.0%

           

(Cost $60,284,432)

         59,772,577          99.9%  
        

 

 

      

 

 

 

Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

 

     Investments in Securities (Market Value)  
     Level 1        Level 2        Level 3        Total  

Common Stocks

                 

Real Estate

   $ 59,772,577        $        $        $ 59,772,577  
  

 

 

      

 

 

      

 

 

      

 

 

 

Total Investments

   $ 59,772,577        $        $        $ 59,772,577  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

See accompanying Notes to Financial Statements.

 

16


DIMENSIONAL US SMALL CAP VALUE ETF

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)

 

       

Shares

      

Value†

      

Percentage
of Net Assets‡

 

COMMON STOCKS — (100.0%)

           

COMMUNICATION SERVICES — (2.4%)

           
 

Other Securities

       $ 1,145,652          2.4%  
        

 

 

      

 

 

 

CONSUMER DISCRETIONARY — (13.1%)

           

*

 

AutoNation, Inc.

    2,273          263,463          0.5%  
 

Foot Locker, Inc.

    7,798          228,559          0.5%  

*

 

Goodyear Tire & Rubber Co. (The)

    22,208          295,811          0.6%  
 

MDC Holdings, Inc.

    6,058          223,601          0.5%  
 

Penske Automotive Group, Inc.

    2,622          274,838          0.6%  

*

 

Taylor Morrison Home Corp.

    10,460          273,947          0.6%  
 

Other Securities

         4,802,553          9.8%  
        

 

 

      

 

 

 

TOTAL CONSUMER DISCRETIONARY

         6,362,772          13.1%  
        

 

 

      

 

 

 

CONSUMER STAPLES — (4.1%)

           

*

 

Hostess Brands, Inc.

    11,333          257,146          0.5%  
 

Ingredion, Inc.

    2,675          227,669          0.5%  

*

 

United Natural Foods, Inc.

    5,134          220,403          0.5%  
 

Other Securities

         1,263,713          2.6%  
        

 

 

      

 

 

 

TOTAL CONSUMER STAPLES

         1,968,931          4.1%  
        

 

 

      

 

 

 

ENERGY — (10.4%)

           

*

 

Antero Resources Corp.

    8,674          305,325          0.6%  

*

 

CNX Resources Corp.

    14,069          289,118          0.6%  
 

Helmerich & Payne, Inc.

    4,802          221,036          0.5%  
 

Murphy Oil Corp.

    11,349          432,170          0.9%  
 

PDC Energy, Inc.

    7,427          517,959          1.1%  
 

Other Securities

         3,293,438          6.7%  
        

 

 

      

 

 

 

TOTAL ENERGY

         5,059,046          10.4%  
        

 

 

      

 

 

 

FINANCIALS — (27.1%)

           
 

American Equity Investment Life Holding Co.

    8,349          314,924          0.7%  
 

Associated Banc-Corp.

    11,944          238,283          0.5%  
 

Assured Guaranty, Ltd.

    4,189          231,023          0.5%  
 

Bank OZK

    8,133          312,470          0.6%  

*

 

Enstar Group, Ltd.

    906          213,590          0.4%  
 

FNB Corp.

    25,321          291,698          0.6%  
 

Fulton Financial Corp.

    14,196          215,353          0.4%  
 

International Bancshares Corp.

    6,322          251,552          0.5%  
 

Navient Corp.

    16,082          255,543          0.5%  
 

Nelnet, Inc., Class A

    3,163          259,587          0.5%  
 

New York Community BanCorp, Inc.

    27,354          252,751          0.5%  
 

Old National BanCorp

    17,593          266,710          0.6%  
 

Popular, Inc.

    3,935          306,891          0.6%  
 

United Bankshares, Inc.

    7,371          245,159          0.5%  
 

Unum Group

    11,878          362,517          0.8%  
 

Valley National BanCorp

    23,722          284,190          0.6%  
 

Washington Federal, Inc.

    7,064          214,958          0.4%  
 

Other Securities

         8,612,780          17.9%  
        

 

 

      

 

 

 

TOTAL FINANCIALS

         13,129,979          27.1%  
        

 

 

      

 

 

 

HEALTH CARE — (4.7%)

           

*

 

Acadia Healthcare Co., Inc.

    6,487          440,338          0.9%  
 

Other Securities

         1,814,471          3.7%  
        

 

 

      

 

 

 

TOTAL HEALTH CARE

         2,254,809          4.6%  
        

 

 

      

 

 

 

 

17


DIMENSIONAL US SMALL CAP VALUE ETF

CONTINUED

 

       

Shares

      

Value†

      

Percentage
of Net Assets‡

 

INDUSTRIALS — (21.3%)

           
 

ABM Industries, Inc.

    5,025        $ 242,557          0.5%  
 

Air Lease Corp.

    8,085          325,664          0.7%  

*

 

Beacon Roofing Supply, Inc.

    5,052          301,251          0.6%  

*

 

CACI International, Inc., Class A

    914          242,484          0.5%  

INDUSTRIALS (Continued)

 

 

Encore Wire Corp.

    1,984          223,815          0.5%  
 

GATX Corp.

    2,861          295,799          0.6%  
 

Triton International, Ltd.

    5,306          324,144          0.7%  

*

 

Univar Solutions, Inc.

    7,801          227,165          0.5%  

*

 

WESCO International, Inc.

    3,527          434,738          0.9%  
 

Other Securities

         7,692,301          15.8%  
        

 

 

      

 

 

 

TOTAL INDUSTRIALS

         10,309,918          21.3%  
        

 

 

      

 

 

 

INFORMATION TECHNOLOGY — (7.3%)

           
 

Amkor Technology, Inc.

    19,133          359,892          0.7%  
 

Avnet, Inc.

    5,101          222,710          0.5%  

*

 

Insight Enterprises, Inc.

    2,571          255,480          0.5%  

*

 

Sanmina Corp.

    6,164          252,046          0.5%  
 

Other Securities

         2,426,837          5.1%  
        

 

 

      

 

 

 

TOTAL INFORMATION TECHNOLOGY

         3,516,965          7.3%  
        

 

 

      

 

 

 

MATERIALS — (8.0%)

           
 

Ashland Global Holdings, Inc.

    2,124          222,956          0.5%  
 

Commercial Metals Co.

    9,227          378,307          0.8%  
 

Element Solutions, Inc.

    18,665          384,872          0.8%  
 

United States Steel Corp.

    7,777          237,121          0.5%  
 

Other Securities

         2,642,393          5.4%  
        

 

 

      

 

 

 

TOTAL MATERIALS

         3,865,649          8.0%  
        

 

 

      

 

 

 

REAL ESTATE — (0.8%)

           

*

 

Howard Hughes Corp. (The)

    2,115          212,113          0.5%  
 

Other Securities

         200,311          0.3%  
        

 

 

      

 

 

 

TOTAL REAL ESTATE

         412,424          0.8%  
        

 

 

      

 

 

 

UTILITIES — (0.8%)

           
 

Other Securities

         406,231          0.8%  
        

 

 

      

 

 

 

TOTAL Common Stocks

           

(Cost $50,702,887)

         48,432,376          99.9%  
        

 

 

      

 

 

 

TOTAL INVESTMENT SECURITIES — (100.0%)

           

(Cost $50,702,887)

         48,432,376       
        

 

 

      

TOTAL INVESTMENTS — 100.0%

           

(Cost $50,702,887)

       $ 48,432,376          99.9%  
        

 

 

      

 

 

 

 

18


DIMENSIONAL US SMALL CAP VALUE ETF

CONTINUED

 

Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

 

     Investments in Securities (Market Value)  
     Level 1        Level 2        Level 3        Total  

Common Stocks

                 

Communication Services

   $ 1,145,652        $        $        $ 1,145,652  

Consumer Discretionary

     6,362,772                            6,362,772  

Consumer Staples

     1,968,931                            1,968,931  

Energy

     5,059,046                            5,059,046  

Financials

     13,129,979                            13,129,979  

Health Care

     2,254,809                            2,254,809  

Industrials

     10,309,918                            10,309,918  

Information Technology

     3,516,965                            3,516,965  

Materials

     3,865,649                            3,865,649  

Real Estate

     412,424                            412,424  

Utilities

     406,231                            406,231  
  

 

 

      

 

 

      

 

 

      

 

 

 

Total Investments

   $ 48,432,376        $        $        $ 48,432,376  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

See accompanying Notes to Financial Statements.

 

19


DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)

 

   

Shares

      

Value†

      

Percentage
of Net Assets‡

 

COMMON STOCKS — (97.1%)

 

AUSTRALIA — (7.5%)

 

 

BHP Group, Ltd.

    168,717        $ 5,772,176          0.4%  

#

 

BHP Group, Ltd., Sponsored ADR

    106,662          7,144,221          0.5%  
 

Commonwealth Bank of Australia

    115,793          8,548,123          0.6%  
 

CSL, Ltd.

    36,741          7,135,873          0.5%  
 

National Australia Bank, Ltd.

    278,644          6,461,350          0.5%  
 

Other Securities

         75,743,546          5.1%  
        

 

 

      

 

 

 

TOTAL AUSTRALIA

         110,805,289          7.6%  
      

 

 

      

 

 

 

AUSTRIA — (0.2%)

 

 

Other Securities

         3,400,383          0.2%  
        

 

 

      

 

 

 

BELGIUM — (0.8%)

 

 

Other Securities

         11,937,741          0.8%  
        

 

 

      

 

 

 

CANADA — (11.5%)

 

#

 

Canadian Natural Resources, Ltd.

    78,513          4,857,599          0.3%  
 

Enbridge, Inc.

    109,326          4,770,987          0.3%  

#

 

Royal Bank of Canada

    49,125          4,987,261          0.4%  
 

Royal Bank of Canada

    60,650          6,127,470          0.4%  

#

 

Toronto-Dominion Bank (The)

    65,677          4,744,507          0.3%  
 

Other Securities

         145,708,661          10.1%  
        

 

 

      

 

 

 

TOTAL CANADA

         171,196,485          11.8%  
      

 

 

      

 

 

 

CHINA — (0.0%)

 

 

Other Securities

         2,274          0.0%  
        

 

 

      

 

 

 

DENMARK — (2.3%)

 

 

Novo Nordisk A/S, Class B

    121,797          14,030,846          1.0%  
 

Other Securities

         19,953,096          1.3%  
        

 

 

      

 

 

 

TOTAL DENMARK

         33,983,942          2.3%  
      

 

 

      

 

 

 

FINLAND — (1.3%)

 

 

Other Securities

         19,149,611          1.3%  
        

 

 

      

 

 

 

FRANCE — (8.5%)

 

 

Air Liquide SA

    30,816          5,375,107          0.4%  
 

Airbus SE

    44,168          4,917,651          0.4%  
 

BNP Paribas SA

    104,779          5,494,235          0.4%  
 

L’Oreal SA

    13,269          4,883,959          0.3%  
 

LVMH Moet Hennessy Louis Vuitton SE

    22,047          14,408,664          1.0%  

#

 

Sanofi

    68,073          7,266,118          0.5%  
 

TotalEnergies SE

    194,612          9,695,595          0.7%  

#

 

Vinci SA

    48,592          4,759,187          0.3%  
 

Other Securities

         69,542,284          4.7%  
        

 

 

      

 

 

 

TOTAL FRANCE

         126,342,800          8.7%  
      

 

 

      

 

 

 

GERMANY — (6.9%)

 

 

Allianz SE, Registered

    32,447          7,400,535          0.5%  

*

 

Bayer AG, Registered

    75,585          5,015,557          0.4%  
 

Deutsche Telekom AG

    300,296          5,566,141          0.4%  
 

SAP SE

    67,453          6,942,341          0.5%  
 

Siemens AG, Registered

    40,864          5,077,446          0.4%  

 

20


DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF

CONTINUED

 

   

Shares

      

Value†

      

Percentage
of Net Assets‡

 

GERMANY — (Continued)

 

 

Other Securities

       $ 73,363,160          4.9%  
        

 

 

      

 

 

 

TOTAL GERMANY

         103,365,180          7.1%  
      

 

 

      

 

 

 

HONG KONG — (2.4%)

 

 

AIA Group, Ltd.

    812,600          8,052,312          0.6%  
 

Other Securities

         27,549,507          1.8%  
        

 

 

      

 

 

 

TOTAL HONG KONG

         35,601,819          2.4%  
        

 

 

      

 

 

 

IRELAND — (0.5%)

 

 

Other Securities

         8,144,468          0.6%  
        

 

 

      

 

 

 

ISRAEL — (0.7%)

 

 

Other Securities

         10,791,169          0.7%  
        

 

 

      

 

 

 

ITALY — (2.2%)

 

 

Other Securities

         32,730,046          2.3%  
        

 

 

      

 

 

 

JAPAN — (20.8%)

 

 

Astellas Pharma, Inc.

    360,200          5,499,194          0.4%  
 

ITOCHU Corp.

    157,400          4,776,913          0.3%  
 

KDDI Corp.

    144,000          4,818,154          0.4%  
 

Mitsubishi UFJ Financial Group, Inc.

    1,135,500          6,610,896          0.5%  
 

Recruit Holdings Co., Ltd.

    137,700          5,120,705          0.4%  
 

SoftBank Corp.

    493,500          5,770,705          0.4%  
 

Sony Group Corp.

    103,500          8,963,183          0.6%  
 

Toyota Motor Corp.

    831,700          14,350,612          1.0%  
 

Other Securities

         252,898,446          17.2%  
        

 

 

      

 

 

 

TOTAL JAPAN

         308,808,808          21.2%  
        

 

 

      

 

 

 

NETHERLANDS — (3.5%)

 

 

ASML Holding NV

    10,682          6,175,413          0.4%  
 

ASML Holding NV, Sponsored NYS

    17,735          9,998,461          0.7%  
 

Koninklijke Ahold Delhaize NV

    154,645          4,582,690          0.3%  
 

Other Securities

         31,177,469          2.2%  
        

 

 

      

 

 

 

TOTAL NETHERLANDS

         51,934,033          3.6%  
        

 

 

      

 

 

 

NEW ZEALAND — (0.3%)

 

 

Other Securities

         4,285,370          0.3%  
        

 

 

      

 

 

 

NORWAY — (0.9%)

 

 

Other Securities

         13,009,077          0.9%  
        

 

 

      

 

 

 

PORTUGAL — (0.2%)

 

 

Other Securities

         2,527,845          0.2%  
        

 

 

      

 

 

 

SINGAPORE — (0.9%)

 

 

Other Securities

         13,109,952          0.9%  
        

 

 

      

 

 

 

SPAIN — (1.9%)

 

 

Iberdrola SA

    424,712          4,933,041          0.4%  
 

Other Securities

         23,921,391          1.6%  
        

 

 

      

 

 

 

TOTAL SPAIN

         28,854,432          2.0%  
        

 

 

      

 

 

 

SWEDEN — (3.0%)

 

 

Other Securities

         44,358,808          3.0%  
        

 

 

      

 

 

 

 

21


DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF

CONTINUED

 

   

Shares

      

Value†

      

Percentage
of Net Assets‡

 

SWITZERLAND — (8.3%)

 

 

Nestle SA, Registered

    192,287        $ 24,960,760          1.7%  
 

Novartis AG, Sponsored ADR

    94,962          8,359,505          0.6%  
 

Novartis AG, Registered

    54,625          4,868,499          0.3%  
 

Roche Holding AG

    52,688          19,671,490          1.4%  
 

Other Securities

         65,498,581          4.5%  
        

 

 

      

 

 

 

TOTAL SWITZERLAND

         123,358,835          8.5%  
        

 

 

      

 

 

 

UNITED KINGDOM — (12.5%)

 

 

AstraZeneca PLC

    92,563          12,420,758          0.9%  
 

BP PLC

    1,501,441          7,380,907          0.5%  
 

British American Tobacco PLC

    140,548          5,914,839          0.4%  
 

Diageo PLC

    151,869          7,662,091          0.5%  
 

GlaxoSmithKline PLC

    339,582          7,661,379          0.5%  
 

HSBC Holdings PLC

    1,245,418          7,838,394          0.6%  
 

Rio Tinto PLC

    96,861          6,938,969          0.5%  
 

Shell PLC

    579,034          15,797,123          1.1%  
 

Unilever PLC

    102,330          4,777,969          0.3%  
 

Other Securities

         109,479,485          7.5%  
        

 

 

      

 

 

 

TOTAL UNITED KINGDOM

         185,871,914          12.8%  
      

 

 

      

 

 

 

UNITED STATES — (0.0%)

 

 

Other Securities

         50,857          0.0%  
        

 

 

      

 

 

 

TOTAL COMMON STOCKS

         1,443,621,138          99.2%  
      

 

 

      

 

 

 

RIGHTS/WARRANTS — (0.0%)

 

AUSTRALIA — (0.0%)

 

 

Other Securities

                  0.0%  
        

 

 

      

 

 

 

ITALY — (0.0%)

 

 

Other Securities

                  0.0%  
        

 

 

      

 

 

 

NEW ZEALAND — (0.0%)

 

 

Other Securities

         10,454          0.0%  
        

 

 

      

 

 

 

SWITZERLAND — (0.0%)

 

 

Other Securities

         2,783          0.0%  
        

 

 

      

 

 

 

TOTAL RIGHTS/WARRANTS

         13,237          0.0%  
      

 

 

      

 

 

 

TOTAL INVESTMENT SECURITIES — 97.1%

           

(Cost $1,558,416,385)

         1,443,634,375       
      

 

 

      

 

 

 

SECURITIES LENDING COLLATERAL — (2.9%)

 

 

The DFA Short Term Investment Fund

    3,780,110          43,733,981          3.0%  
        

 

 

      

 

 

 

TOTAL INVESTMENTS — 100.0%

           

(Cost $1,602,150,366)

         1,487,368,356          102.2%  
      

 

 

      

 

 

 

 

22


DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF

CONTINUED

 

Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

 

     Investments in Securities (Market Value)  
     Level 1        Level 2        Level 3        Total  

Common Stocks

                 

Australia

     $110,686,172          $119,117          $—          $110,805,289  

Austria

     3,400,383                            3,400,383  

Belgium

     11,937,741                            11,937,741  

Canada

     171,196,485                            171,196,485  

China

     2,274                            2,274  

Denmark

     33,983,942                            33,983,942  

Finland

     19,149,611                            19,149,611  

France

     126,342,800                            126,342,800  

Germany

     103,365,180                            103,365,180  

Hong Kong

     35,582,354          19,465                   35,601,819  

Ireland

     8,144,468                            8,144,468  

Israel

     10,791,169                            10,791,169  

Italy

     32,730,046                            32,730,046  

Japan

     308,808,808                            308,808,808  

Netherlands

     51,934,033                            51,934,033  

New Zealand

     4,197,753          87,617                   4,285,370  

Norway

     13,009,077                            13,009,077  

Portugal

     2,527,845                            2,527,845  

Singapore

     13,109,952                            13,109,952  

Spain

     28,800,747          53,685                   28,854,432  

Sweden

     44,358,808                            44,358,808  

Switzerland

     123,358,835                            123,358,835  

United Kingdom

     185,828,603          43,311                   185,871,914  

United States

     50,857                            50,857  

Rights/Warrants

                 

Australia

                                 

Italy

                                 

New Zealand

              10,454                   10,454  

Switzerland

     2,783                            2,783  

Collateral for Securities on Loan

     43,733,981                            43,733,981  
  

 

 

      

 

 

      

 

 

      

 

 

 

Total Investments

     $1,487,034,707          $333,649          $—          $1,487,368,356  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

See accompanying Notes to Financial Statements.

 

23


DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)

 

   

Shares

      

Value†

      

Percentage
of Net Assets‡

 

COMMON STOCKS — (100.0%)

 

AUSTRALIA — (7.2%)

 

 

BHP Group, Ltd., Sponsored ADR

    11,420        $ 764,912          0.7%  
 

Commonwealth Bank of Australia

    4,373          322,826          0.3%  
 

Other Securities

         7,158,198          6.1%  
        

 

 

      

 

 

 

TOTAL AUSTRALIA

         8,245,936          7.1%  
        

 

 

      

 

 

 

AUSTRIA — (0.5%)

 

 

Other Securities

         593,070          0.5%  
        

 

 

      

 

 

 

BELGIUM — (1.2%)

 

 

Other Securities

         1,376,925          1.2%  
        

 

 

      

 

 

 

CANADA — (12.1%)

 

 

Bank of Montreal

    4,563          483,861          0.4%  
 

Bank of Nova Scotia (The)

    5,617          355,668          0.3%  
 

Canadian Natural Resources, Ltd.

    5,395          333,789          0.3%  
 

Magna International, Inc.

    4,643          279,834          0.3%  
 

National Bank of Canada

    3,920          275,187          0.2%  
 

Royal Bank of Canada

    8,345          843,095          0.7%  
 

Suncor Energy, Inc.

    11,663          419,168          0.4%  
 

Toronto-Dominion Bank (The)

    4,940          356,866          0.3%  
 

Other Securities

         10,489,746          9.1%  
        

 

 

      

 

 

 

TOTAL CANADA

         13,837,214          12.0%  
        

 

 

      

 

 

 

DENMARK — (2.3%)

 

 

Novo Nordisk A/S, Sponsored ADR

    5,655          644,670          0.6%  
 

Other Securities

         1,962,190          1.7%  
        

 

 

      

 

 

 

TOTAL DENMARK

         2,606,860          2.3%  
        

 

 

      

 

 

 

FINLAND — (1.6%)

 

 

Other Securities

         1,863,209          1.6%  
        

 

 

      

 

 

 

FRANCE — (7.7%)

 

 

Air Liquide SA

    1,844          321,641          0.3%  
 

Cie Generale des Etablissements Michelin SCA

    2,346          294,639          0.2%  
 

LVMH Moet Hennessy Louis Vuitton SE

    895          584,921          0.5%  
 

TotalEnergies SE

    13,755          685,276          0.6%  
 

Vinci SA

    3,531          345,832          0.3%  
 

Other Securities

         6,654,205          5.8%  
        

 

 

      

 

 

 

TOTAL FRANCE

         8,886,514          7.7%  
        

 

 

      

 

 

 

GERMANY — (7.0%)

 

 

Allianz SE, Registered

    1,225          279,399          0.3%  

*

 

Bayer AG, Registered

    6,669          442,531          0.4%  
 

Deutsche Telekom AG

    26,924          499,050          0.3%  
 

Volkswagen AG, Preference

    1,953          306,864          0.3%  
 

Other Securities

         6,451,724          5.6%  
        

 

 

      

 

 

 

TOTAL GERMANY

         7,979,568          6.9%  
        

 

 

      

 

 

 

HONG KONG — (2.4%)

 

 

AIA Group, Ltd.

    52,800          523,212          0.5%  
 

Other Securities

         2,247,076          1.9%  
        

 

 

      

 

 

 

TOTAL HONG KONG

         2,770,288          2.4%  
        

 

 

      

 

 

 

 

24


DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF

CONTINUED

 

   

Shares

      

Value†

      

Percentage
of Net Assets‡

 

IRELAND — (0.7%)

 

 

Other Securities

       $ 789,933          0.7%  
        

 

 

      

 

 

 

ISRAEL — (1.2%)

 

 

Other Securities

         1,324,703          1.1%  
        

 

 

      

 

 

 

ITALY — (2.5%)

 

 

Other Securities

         2,921,236          2.5%  
        

 

 

      

 

 

 

JAPAN — (21.4%)

 

 

Hitachi, Ltd.

    9,200          431,170          0.4%  
 

ITOCHU Corp.

    11,500          349,012          0.3%  
 

KDDI Corp.

    9,600          321,210          0.3%  
 

Murata Manufacturing Co., Ltd.

    4,700          282,740          0.2%  
 

Olympus Corp.

    16,300          290,496          0.2%  
 

Seven & i Holdings Co., Ltd.

    7,300          322,178          0.3%  
 

SoftBank Corp.

    30,400          355,480          0.3%  
 

Sony Group Corp.

    5,000          433,004          0.4%  
 

Takeda Pharmaceutical Co., Ltd.

    10,600          308,362          0.3%  
 

Toyota Motor Corp.

    39,300          678,104          0.6%  
 

Other Securities

         20,779,890          18.0%  
        

 

 

      

 

 

 

TOTAL JAPAN

         24,551,646          21.3%  
        

 

 

      

 

 

 

MALAYSIA — (0.0%)

 

 

Other Securities

         212          0.0%  
        

 

 

      

 

 

 

NETHERLANDS — (3.2%)

 

 

ASML Holding NV, Sponsored NYS

    1,456          820,849          0.7%  
 

Other Securities

         2,834,936          2.5%  
        

 

 

      

 

 

 

TOTAL NETHERLANDS

         3,655,785          3.2%  
        

 

 

      

 

 

 

NEW ZEALAND — (0.3%)

 

 

Other Securities

         346,763          0.3%  
        

 

 

      

 

 

 

NORWAY — (1.0%)

 

 

Other Securities

         1,140,248          1.0%  
        

 

 

      

 

 

 

PORTUGAL — (0.3%)

 

 

Other Securities

         329,533          0.3%  
        

 

 

      

 

 

 

SINGAPORE — (1.0%)

 

 

Other Securities

         1,102,396          1.0%  
        

 

 

      

 

 

 

SPAIN — (2.4%)

 

 

Iberdrola SA

    28,977          336,569          0.3%  
 

Repsol SA

    20,844          314,119          0.3%  
 

Telefonica SA

    67,206          328,476          0.3%  
 

Other Securities

         1,749,643          1.5%  
        

 

 

      

 

 

 

TOTAL SPAIN

         2,728,807          2.4%  
        

 

 

      

 

 

 

SWEDEN — (3.2%)

 

 

Other Securities

         3,690,283          3.2%  
        

 

 

      

 

 

 

SWITZERLAND — (8.0%)

 

 

ABB, Ltd., Registered

    11,070          337,580          0.3%  
 

Nestle SA, Registered

    9,483          1,230,987          1.1%  
 

Novartis AG, Sponsored ADR

    6,316          555,997          0.5%  
 

Roche Holding AG

    2,304          860,217          0.7%  

 

25


DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF

CONTINUED

 

   

Shares

      

Value†

      

Percentage
of Net Assets‡

 

SWITZERLAND — (continued)

 

 

Other Securities

       $ 6,145,942          5.3%  
        

 

 

      

 

 

 

TOTAL SWITZERLAND

         9,130,723          7.9%  
        

 

 

      

 

 

 

UNITED KINGDOM — (12.8%)

 

 

Anglo American PLC

    9,016          405,918          0.5%  
 

BP PLC, Sponsored ADR

    9,780          280,882          0.3%  
 

British American Tobacco PLC, Sponsored ADR

    7,288          304,493          0.3%  
 

Diageo PLC, Sponsored ADR

    1,386          275,370          0.2%  
 

GlaxoSmithKline PLC

    26,558          599,181          0.5%  
 

Glencore PLC

    76,685          478,788          0.4%  
 

HSBC Holdings PLC, Sponsored ADR

    13,550          420,185          0.4%  
 

Rio Tinto PLC

    10,731          768,752          0.7%  
 

Shell PLC, ADR

    16,748          894,846          0.8%  
 

Unilever PLC, Sponsored ADR

    10,641          492,253          0.4%  
 

Vodafone Group PLC

    254,114          387,759          0.3%  
 

Other Securities

         9,378,999          7.9%  
        

 

 

      

 

 

 

TOTAL UNITED KINGDOM

         14,687,426          12.7%  
        

 

 

      

 

 

 

UNITED STATES — (0.0%)

 

 

Other Securities

         2,111          0.0%  
        

 

 

      

 

 

 

TOTAL COMMON STOCKS

         114,561,389          99.3%  
        

 

 

      

 

 

 

RIGHTS/WARRANTS — (0.0%)

 

AUSTRALIA — (0.0%)

 

 

Other Securities

         1          0.0%  
        

 

 

      

 

 

 

NEW ZEALAND — (0.0%)

 

 

Other Securities

         5,931          0.0%  
        

 

 

      

 

 

 

SWITZERLAND — (0.0%)

 

 

Other Securities

         517          0.0%  
        

 

 

      

 

 

 

TOTAL RIGHTS/WARRANTS

         6,449          0.0%  
        

 

 

      

 

 

 

TOTAL INVESTMENT SECURITIES — 100.0%

           

(Cost $121,897,230)

         114,567,838       
        

 

 

      

SECURITIES LENDING COLLATERAL — (0.0%)

 

 

The DFA Short Term Investment Fund

    1,740          20,126          0.0%  
        

 

 

      

 

 

 

TOTAL INVESTMENTS — 100.0%

           

(Cost $121,917,356)

         114,587,964          99.3%  
        

 

 

      

 

 

 

 

26


DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF

CONTINUED

 

Summary of the Fund’s investments as of April 30, 2022, based on their valuation inputs, is as follows (see Security Valuation Note):

 

     Investments in Securities (Market Value)  
     Level 1        Level 2        Level 3        Total  

Common Stocks

                 

Australia

     $8,239,913          $6,023          $—          $8,245,936  

Austria

     593,070                            593,070  

Belgium

     1,376,925                            1,376,925  

Canada

     13,837,214                            13,837,214  

Denmark

     2,606,860                            2,606,860  

Finland

     1,863,209                            1,863,209  

France

     8,886,514                            8,886,514  

Germany

     7,979,568                            7,979,568  

Hong Kong

     2,745,718          24,570                   2,770,288  

Ireland

     789,933                            789,933  

Israel

     1,324,703                            1,324,703  

Italy

     2,921,236                            2,921,236  

Japan

     24,551,646                            24,551,646  

Malaysia

     212                            212  

Netherlands

     3,655,785                            3,655,785  

New Zealand

     346,763                            346,763  

Norway

     1,140,248                            1,140,248  

Portugal

     329,533                            329,533  

Singapore

     1,102,396                            1,102,396  

Spain

     2,728,807                            2,728,807  

Sweden

     3,690,283                            3,690,283  

Switzerland

     9,130,723                            9,130,723  

United Kingdom

     14,687,426                            14,687,426  

United States

     2,111                            2,111  

Rights/Warrants

                 

Australia

     1                            1  

New Zealand

              5,931                   5,931  

Switzerland

     517                            517  

Collateral for Securities on Loan

     20,126                            20,126  
  

 

 

      

 

 

      

 

 

      

 

 

 

TOTAL

     $114,551,440          $36,524          $—          $114,587,964  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

See accompanying Notes to Financial Statements.

 

27


DIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETF

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

April 30, 2022

(Unaudited)

 

        

Shares

      

Value†

      

Percentage
of Net Assets‡

 

COMMON STOCKS — (100.0%)

            

AUSTRALIA — (8.4%)

            
 

Ansell, Ltd.

     8,698        $ 168,872          0.4%  
 

Downer EDI, Ltd.

     47,266          186,758          0.4%  
 

Reliance Worldwide Corp., Ltd.

     55,065          154,963          0.3%  
 

United Malt Grp, Ltd.

     57,621          170,345          0.4%  
 

Other Securities

          3,108,692          6.8%  
         

 

 

      

 

 

 

TOTAL AUSTRALIA

          3,789,630          8.3%  
         

 

 

      

 

 

 

AUSTRIA — (1.2%)

 

 

voestalpine AG

     9,418          248,985          0.5%  
 

Other Securities

          307,040          0.7%  
         

 

 

      

 

 

 

TOTAL AUSTRIA

          556,025          1.2%  
         

 

 

      

 

 

 

BELGIUM — (1.6%)

 

 

Euronav NV

     14,125          167,099          0.4%  
 

Other Securities

          551,733          1.2%  
         

 

 

      

 

 

 

TOTAL BELGIUM

          718,832          1.6%  
         

 

 

      

 

 

 

CANADA — (11.9%)

 

 

Alamos Gold, Inc.

     31,973          248,110          0.5%  
 

Birchcliff Energy, Ltd.

     22,507          165,538          0.4%  
 

Canadian Western Bank

     8,903          225,771          0.5%  
 

Centerra Gold, Inc.

     18,217          169,477          0.4%  
 

Crescent Point Energy Corp.

     46,750          323,510          0.7%  

*

 

MEG Energy Corp.

     10,447          157,761          0.4%  

*

 

OceanaGold Corp.

     62,824          157,300          0.4%  
 

Other Securities

          3,934,937          8.5%  
         

 

 

      

 

 

 

TOTAL CANADA

          5,382,404          11.8%  
         

 

 

      

 

 

 

DENMARK — (2.3%)

 

*

 

Jyske Bank A/S, Registered

     3,988          223,739          0.5%  
 

Other Securities

          805,815          1.7%