LOGO

 

LOGO

 

WisdomTree Trust

Semi-Annual Report

December 31, 2022

 

International Equity ETFs:

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

WisdomTree Emerging Markets ESG Fund (RESE)

WisdomTree Emerging Markets ex-China Fund (XC)

WisdomTree International ESG Fund (RESD)

Fixed Income ETFs:

WisdomTree U.S. Corporate Bond Fund (WFIG)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

Efficient Core ETFs:

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

WisdomTree International Efficient Core Fund (NTSI)

WisdomTree U.S. Efficient Core Fund (NTSX)

Megatrends ETFs:

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

WisdomTree BioRevolution Fund (WDNA)

WisdomTree Cloud Computing Fund (WCLD)

WisdomTree Cybersecurity Fund (WCBR)

 


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       18  
Schedules of Investments (unaudited)

 

WisdomTree Dynamic Currency Hedged International Equity Fund

       22  

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund

       37  

WisdomTree Emerging Markets ESG Fund

       50  

WisdomTree Emerging Markets ex-China Fund

       54  

WisdomTree International ESG Fund

       64  

WisdomTree U.S. Corporate Bond Fund

       68  

WisdomTree U.S. High Yield Corporate Bond Fund

       75  

WisdomTree U.S. Short-Term Corporate Bond Fund

       83  

WisdomTree Emerging Markets Efficient Core Fund

       90  

WisdomTree International Efficient Core Fund

       96  

WisdomTree U.S. Efficient Core Fund

       102  

WisdomTree Artificial Intelligence and Innovation Fund

       109  

WisdomTree Battery Value Chain and Innovation Fund

       112  

WisdomTree BioRevolution Fund

       115  

WisdomTree Cloud Computing Fund

       117  

WisdomTree Cybersecurity Fund

       119  

Statements of Assets and Liabilities (unaudited)

       120  

Statements of Operations (unaudited)

       124  

Statements of Changes in Net Assets (unaudited)

       128  

Financial Highlights (unaudited)

       134  

Notes to Financial Statements (unaudited)

       142  

Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

       157  

General Information (unaudited)

       161  

“WisdomTree” is a registered mark of WisdomTree, Inc. (formerly, WisdomTree Investments, Inc.) and is licensed for use by the WisdomTree Trust.


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.

Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.

Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com/investments.

An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.

Shareholder Expense Examples

Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from July 1, 2022 to December 31, 2022. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 184/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.

Hypothetical example for comparison purposes

The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

 

WisdomTree Trust      1  


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.4%  

Industrials

    12.4%  

Materials

    11.6%  

Consumer Discretionary

    9.5%  

Consumer Staples

    9.1%  

Health Care

    8.5%  

Energy

    7.2%  

Communication Services

    6.9%  

Utilities

    5.3%  

Real Estate

    4.7%  

Information Technology

    3.1%  

Other Assets less Liabilities‡

    -0.7%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    3.9%  

Novartis AG, Registered Shares

    1.8%  

Nestle SA, Registered Shares

    1.7%  

TotalEnergies SE

    1.7%  

Shell PLC

    1.6%  

LVMH Moet Hennessy Louis Vuitton SE

    1.4%  

HSBC Holdings PLC

    1.4%  

Rio Tinto Ltd.

    1.3%  

Roche Holding AG

    1.3%  

Commonwealth Bank of Australia

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Dynamic Currency Hedged International Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Equity Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the industrialized world outside the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,067.80        0.41   $ 2.14  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.14        0.41   $ 2.09  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       6.78      -1.23      2.65      3.09      6.73

Fund Market Price Returns

       6.20      -0.97      2.84      3.09      6.77

WisdomTree Dynamic Currency Hedged International Equity Index

       7.14      -1.07      2.94      3.40      6.95

MSCI EAFE Local Currency Index

       4.82      -7.00      3.64      3.81      6.42

MSCI EAFE Index

       6.36      -14.45      0.87      1.54      5.38

MSCI EAFE Value Index

       7.43      -5.58      0.65      0.17      4.55
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on January 7, 2016.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

2   WisdomTree Trust


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.7%  

Financials

    13.9%  

Consumer Discretionary

    13.0%  

Materials

    12.6%  

Real Estate

    11.9%  

Information Technology

    7.7%  

Consumer Staples

    6.0%  

Health Care

    4.0%  

Communication Services

    3.6%  

Energy

    2.3%  

Utilities

    2.1%  

Other Assets less Liabilities‡

    -0.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

D/S Norden A/S

    0.9%  

Azimut Holding SpA

    0.7%  

Charter Hall Long Wale REIT

    0.7%  

SSAB AB, Class A

    0.6%  

Coface SA

    0.6%  

NOS SGPS SA

    0.6%  

Sims Ltd.

    0.5%  

Deterra Royalties Ltd.

    0.5%  

Sydbank A/S

    0.5%  

Region RE Ltd.

    0.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index (the “Index”). In seeking to track the Index, the Fund invests in the small-capitalization segment of dividend-paying companies in the industrialized world outside the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,033.20        0.49   $ 2.51  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.74        0.49   $ 2.50  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       3.32      -9.79      0.95      1.37      6.48

Fund Market Price Returns

       2.31      -10.20      0.86      1.30      6.58

WisdomTree Dynamic Currency Hedged International SmallCap Equity Index

       3.70      -9.59      1.28      1.80      6.92

MSCI EAFE Small Cap Local Currency Index

       3.17      -13.60      2.13      2.31      6.29

MSCI EAFE Small Cap Index

       4.41      -21.39      -0.93      -0.05      5.19

MSCI EAFE Small Cap Value Index

       5.23      -14.99      -1.05      -0.61      4.98
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on January 7, 2016.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      3  


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Emerging Markets ESG Fund (RESE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    21.5%  

Financials

    20.7%  

Consumer Discretionary

    17.1%  

Materials

    10.0%  

Consumer Staples

    9.6%  

Communication Services

    7.4%  

Health Care

    5.5%  

Industrials

    5.4%  

Utilities

    2.9%  

Other Assets less Liabilities‡

    -0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co. Ltd.

    6.1%  

Samsung Electronics Co. Ltd.

    3.8%  

Alibaba Group Holding Ltd.

    2.6%  

Infosys Ltd.

    1.3%  

Turkcell Iletisim Hizmetleri AS

    1.1%  

Ping An Insurance Group Co. of China Ltd., Class H

    1.1%  

America Movil SAB de CV, Series L

    1.1%  

ICICI Bank Ltd.

    1.1%  

Bank Central Asia Tbk PT

    0.8%  

Orange Polska SA

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets ESG Fund (the “Fund”) is actively managed using a model-based approach seeking capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in emerging markets that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 987.00        0.32   $ 1.60  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.59        0.32   $ 1.63  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns2

       -1.30      -20.27      -3.42      -0.87      4.71

Fund Market Price Returns2

       -2.03      -19.74      -3.45      -0.93      4.75

MSCI Emerging Markets Extended ESG Focus Index3

       -4.20      -22.15      -3.01      N/A        N/A  

MSCI Emerging Markets Index

       -2.99      -20.09      -2.69      -1.40      5.02
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 7, 2016.

2 

The Fund’s objectives and strategies changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was the WisdomTree Emerging Markets Dividend Fund (DVEM) and tracked the performance, before fees and expenses, of the WisdomTree Emerging Markets Dividend Index.

3 

The MSCI Emerging Markets Extended ESG Focus Index began on March 27, 2018.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

4   WisdomTree Trust


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Emerging Markets ex-China Fund (XC)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    27.4%  

Financials

    19.3%  

Materials

    10.2%  

Consumer Staples

    9.5%  

Consumer Discretionary

    9.4%  

Industrials

    6.4%  

Communication Services

    5.1%  

Energy

    4.7%  

Health Care

    4.4%  

Utilities

    2.2%  

Real Estate

    1.3%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co. Ltd.

    8.7%  

Samsung Electronics Co. Ltd.

    5.8%  

Reliance Industries Ltd.

    3.5%  

Infosys Ltd.

    2.2%  

ICICI Bank Ltd.

    1.8%  

Al Rajhi Bank

    1.5%  

Bank Central Asia Tbk PT

    1.4%  

Naspers Ltd., Class N

    1.1%  

Hon Hai Precision Industry Co. Ltd.

    1.1%  

Hindustan Unilever Ltd.

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets ex-China Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-China Index (the “Index”). The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

The Fund had less than six months of operating history at the end of the reporting period and therefore no comparative performance information is shown in this shareholder report. Comparative performance information for the most recent month-end is available at www.wisdomtree.com/investments.

Shareholder Expense Example (for the six-month period1 ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual1

   $ 1,000.00      $ 1,002.50        0.32   $ 0.89  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.59        0.32   $ 1.63  
1 

Fund commenced operations on September 22, 2022. Actual expenses are calculated using the Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 101/365 (to reflect the period since commencement of operations).

 

WisdomTree Trust      5  


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree International ESG Fund (RESD)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    20.9%  

Industrials

    14.4%  

Health Care

    14.4%  

Consumer Staples

    12.6%  

Consumer Discretionary

    10.7%  

Information Technology

    9.9%  

Materials

    6.6%  

Communication Services

    5.2%  

Utilities

    3.6%  

Real Estate

    1.2%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Nestle SA, Registered Shares

    2.9%  

Novo Nordisk A/S, Class B

    2.4%  

Roche Holding AG

    1.8%  

Novartis AG, Registered Shares

    1.7%  

ASML Holding NV

    1.5%  

Unilever PLC

    1.4%  

AstraZeneca PLC

    1.4%  

Commonwealth Bank of Australia

    1.3%  

Diageo PLC

    1.2%  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

    1.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International ESG Fund (the “Fund”) is actively managed using a model-based approach seeking capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in developed markets excluding the U.S. and Canada that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,030.70        0.30   $ 1.54  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.69        0.30   $ 1.53  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns2

       3.07      -16.41      1.32      3.38      7.12

Fund Market Price Returns2

       2.70      -16.72      1.23      3.34      7.09

MSCI EAFE Extended ESG Focus Index3

       6.17      -15.08      1.00      N/A        N/A  

MSCI EAFE Index

       6.36      -14.45      0.87      1.54      5.35
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on November 3, 2016.

2 

The Fund’s objective and strategy changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund (DHDG) and tracked the performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Index.

3 

The MSCI EAFE Extended ESG Focus Index began on March 27, 2018.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

6   WisdomTree Trust


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree U.S. Corporate Bond Fund (WFIG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    31.7%  

Information Technology

    11.9%  

Health Care

    10.8%  

Utilities

    8.1%  

Industrials

    7.5%  

Communication Services

    6.2%  

Consumer Staples

    6.0%  

Energy

    5.8%  

Consumer Discretionary

    4.7%  

Materials

    3.3%  

Real Estate

    1.8%  

U.S. Government Obligations

    1.0%  

Other Assets less Liabilities‡

    1.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

International Business Machines Corp.,
3.50%, 5/15/29

    1.1%  

Wells Fargo & Co.,
1.65%, 6/2/24,

    1.0%  

JPMorgan Chase & Co.,
4.08%, 4/26/26,

    1.0%  

Comcast Corp.,
1.50%, 2/15/31

    0.9%  

Capital One Financial Corp.,
3.75%, 7/28/26

    0.9%  

Continental Resources, Inc.,
4.38%, 1/15/28

    0.8%  

Diamondback Energy, Inc.,
6.25%, 3/15/33

    0.8%  

BAT Capital Corp.,
4.70%, 4/2/27

    0.8%  

Oracle Corp.,
2.88%, 3/25/31

    0.8%  

Bank of America Corp.,
3.42%, 12/20/28,

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the U.S. investment grade corporate bond market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 984.30        0.18   $ 0.90  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.30        0.18   $ 0.92  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -1.57      -16.33      -3.19      0.08      0.96

Fund Market Price Returns

       -1.61      -16.23      -3.27      0.24      0.93

WisdomTree U.S. Corporate Bond Index

       -1.23      -16.17      -2.95      0.37      1.30

ICE BofA Merrill Lynch U.S. Corporate Index

       -1.77      -15.45      -2.75      0.53      1.49
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      7  


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    16.5%  

Communication Services

    15.3%  

Energy

    12.7%  

Health Care

    9.9%  

Financials

    9.5%  

Industrials

    8.5%  

Information Technology

    7.0%  

Consumer Staples

    5.6%  

Real Estate

    5.1%  

Materials

    4.7%  

Utilities

    2.9%  

Other Assets less Liabilities‡

    2.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

DISH DBS Corp.,
7.75%, 7/1/26

    0.9%  

Frontier Communications Holdings LLC,
5.00%, 5/1/28

    0.8%  

Nationstar Mortgage Holdings, Inc.,
6.00%, 1/15/27

    0.8%  

Frontier Communications Holdings LLC,
5.88%, 11/1/29

    0.7%  

DISH DBS Corp.,
5.13%, 6/1/29

    0.7%  

Genesis Energy LP / Genesis Energy Finance Corp.,
7.75%, 2/1/28

    0.7%  

CSC Holdings LLC,
5.38%, 2/1/28

    0.7%  

Charter Communications Operating LLC / Charter Communications Operating Capital,
3.70%, 4/1/51

    0.7%  

Lumen Technologies, Inc.,
5.13%, 12/15/26

    0.7%  

Transocean, Inc.,
11.50%, 1/30/27

    0.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. High Yield Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. High Yield Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the U.S. non-investment grade corporate bond (“junk bond” or “high yield”) market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,028.60        0.38   $ 1.94  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.29        0.38   $ 1.94  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       2.86      -11.99      -0.88      2.01      3.43

Fund Market Price Returns

       2.86      -11.76      -0.90      2.45      3.49

WisdomTree U.S. High Yield Corporate Bond Index

       3.11      -12.09      -0.79      2.24      4.03

ICE BofA Merrill Lynch U.S. High Yield Index

       3.27      -11.22      -0.23      2.12      4.14
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

8   WisdomTree Trust


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    41.5%  

Information Technology

    11.3%  

Health Care

    10.7%  

Consumer Discretionary

    6.7%  

Consumer Staples

    6.7%  

Industrials

    5.7%  

Utilities

    5.7%  

Energy

    3.4%  

Communication Services

    3.4%  

Materials

    2.3%  

Real Estate

    1.7%  

Other Assets less Liabilities‡

    0.9%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Goldman Sachs Group, Inc.,
5.95%, 1/15/27

    1.3%  

Oracle Corp.,
1.65%, 3/25/26

    1.0%  

Citigroup, Inc.,
4.45%, 9/29/27

    1.0%  

JPMorgan Chase & Co.,
4.25%, 10/1/27

    1.0%  

Wells Fargo & Co.,
4.30%, 7/22/27

    1.0%  

Dell International LLC / EMC Corp.,
6.02%, 6/15/26

    1.0%  

JPMorgan Chase & Co.,
3.22%, 3/1/25,

    0.9%  

JPMorgan Chase & Co.,
2.08%, 4/22/26,

    0.8%  

Morgan Stanley,
2.19%, 4/28/26,

    0.8%  

Goldman Sachs Group, Inc.,
4.39%, 6/15/27,

    0.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Short-Term Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Short-Term Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the short-term U.S. investment grade corporate bond market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 998.40        0.18   $ 0.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.30        0.18   $ 0.92  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      Since Inception1  

Fund NAV Returns

       -0.16      -5.67      -0.73      0.93      1.03

Fund Market Price Returns

       -0.12      -5.65      -0.76      1.07      0.98

WisdomTree U.S. Short-Term Corporate Bond Index

       0.12      -5.33      -0.38      1.29      1.44

ICE BofA Merrill Lynch 1-5 year U.S. Corporate Index

       -0.13      -6.11      -0.36      1.37      1.54
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      9  


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    19.3%  

Information Technology

    19.3%  

Consumer Discretionary

    14.2%  

Communication Services

    9.5%  

Materials

    8.0%  

Consumer Staples

    5.9%  

Energy

    4.5%  

Health Care

    3.3%  

Industrials

    3.3%  

Utilities

    2.0%  

Real Estate

    1.5%  

Other Assets less Liabilities‡

    9.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Taiwan Semiconductor Manufacturing Co. Ltd.

    6.3%  

Tencent Holdings Ltd.

    4.6%  

Samsung Electronics Co. Ltd.

    4.4%  

Alibaba Group Holding Ltd.

    3.2%  

Reliance Industries Ltd.

    1.7%  

Naspers Ltd., Class N

    1.6%  

Meituan, Class B

    1.5%  

Vale SA

    1.4%  

Infosys Ltd.

    1.2%  

China Construction Bank Corp., Class H

    1.2%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Emerging Markets Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by primarily investing in emerging markets equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in emerging market equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 944.90        0.32   $ 1.57  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.59        0.32   $ 1.63  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      Since Inception1  

Fund NAV Returns

       -5.51      -26.50      -19.70

Fund Market Price Returns

       -5.00      -26.22      -19.49

MSCI Emerging Markets Index

       -4.43      -22.37      -18.33
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 20, 2021.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

10   WisdomTree Trust


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree International Efficient Core Fund (NTSI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    17.2%  

Industrials

    13.2%  

Health Care

    13.1%  

Consumer Discretionary

    10.6%  

Consumer Staples

    10.2%  

Materials

    7.1%  

Information Technology

    6.8%  

Energy

    4.6%  

Communication Services

    3.9%  

Utilities

    2.6%  

Real Estate

    1.4%  

Other Assets less Liabilities‡

    9.3%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Nestle SA, Registered Shares

    2.3%  

ASML Holding NV

    1.7%  

Novo Nordisk A/S, Class B

    1.6%  

Roche Holding AG

    1.6%  

Shell PLC

    1.5%  

LVMH Moet Hennessy Louis Vuitton SE

    1.5%  

Novartis AG, Registered Shares

    1.4%  

AstraZeneca PLC

    1.2%  

Toyota Motor Corp.

    1.2%  

TotalEnergies SE

    1.1%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree International Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by primarily investing in international equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in international equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,026.70        0.26   $ 1.33  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.89        0.26   $ 1.33  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      Since Inception1  

Fund NAV Returns

       2.67      -19.72      -10.93

Fund Market Price Returns

       2.80      -19.63      -10.81

MSCI EAFE Index

       6.36      -14.45      -7.38
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 20, 2021.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      11  


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree U.S. Efficient Core Fund (NTSX)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    23.9%  

Health Care

    14.0%  

Financials

    10.5%  

Consumer Discretionary

    8.9%  

Industrials

    7.9%  

Communication Services

    6.7%  

Consumer Staples

    6.3%  

Energy

    4.8%  

Utilities

    2.6%  

Real Estate

    2.4%  

Materials

    2.2%  

Other Assets less Liabilities‡

    9.8%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Apple, Inc.

    5.5%  

Microsoft Corp.

    5.1%  

Amazon.com, Inc.

    2.2%  

Alphabet, Inc., Class A

    1.5%  

Alphabet, Inc., Class C

    1.3%  

UnitedHealth Group, Inc.

    1.3%  

Johnson & Johnson

    1.3%  

Exxon Mobil Corp.

    1.3%  

JPMorgan Chase & Co.

    1.1%  

Berkshire Hathaway, Inc., Class B

    1.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree U.S. Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by investing in large-capitalization U.S. equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in U.S. equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 980.30        0.20   $ 1.00  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.20        0.20   $ 1.02  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      Since Inception1  

Fund NAV Returns

       -1.97      -25.72      4.27      7.33

Fund Market Price Returns

       -1.74      -25.87      4.26      7.31

60% S&P 500® Index / 40% Bloomberg U.S. Aggregate Index Composite

       -0.21      -16.17      3.75      5.81

S&P 500® Index

       2.31      -18.11      7.66      9.08
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 2, 2018.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

12   WisdomTree Trust


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    79.7%  

Consumer Discretionary

    6.8%  

Industrials

    6.0%  

Health Care

    3.8%  

Communication Services

    2.3%  

Financials

    1.4%  

Other Assets less Liabilities‡

    0.0%

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Ambarella, Inc.

    2.5%  

Taiwan Semiconductor Manufacturing Co. Ltd., ADR

    2.0%  

Analog Devices, Inc.

    2.0%  

Lattice Semiconductor Corp.

    2.0%  

Infineon Technologies AG

    2.0%  

ASML Holding NV, Registered shares

    1.9%  

Cadence Design Systems, Inc.

    1.9%  

Synopsys, Inc.

    1.9%  

STMicroelectronics NV

    1.9%  

NXP Semiconductors NV

    1.9%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Artificial Intelligence and Innovation Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Artificial Intelligence & Innovation Index (the “Index”). In seeking to track the Index, the Fund primarily invests in equity securities of exchange-listed companies globally, including developed countries and emerging markets throughout the world, which are primarily involved in the investment theme of “Artificial Intelligence and Innovation”. Artificial intelligence refers to the application of computer systems or robotics to perform tasks that typically require human intelligence, discernment and adaption, such as decision-making, reasoning, learning from past experiences, visual perception, and speech recognition. Innovation refers to those companies that introduce a new, creative, or different (i.e., “innovative”) technology enabled product or service in seeking to potentially change an industry landscape, as well as companies that service those innovative technologies. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 940.90        0.45   $ 2.20  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.94        0.45   $ 2.29  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      Since Inception1  

Fund NAV Returns

       -5.91      -42.43      -41.94

Fund Market Price Returns

       -5.83      -42.26      -41.70

WisdomTree Artificial Intelligence & Innovation Index

       -5.70      -42.21      -41.74

Nasdaq 100 Index

       -4.46      -32.38      -31.07

S&P 500® Information Technology Index

       -1.76      -28.19      -26.40
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on December 9, 2021.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      13  


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    39.9%  

Materials

    35.4%  

Consumer Discretionary

    10.2%  

Information Technology

    9.1%  

Utilities

    3.1%  

Energy

    1.9%  

Health Care

    0.2%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Umicore SA

    3.8%  

TDK Corp.

    3.5%  

QuantumScape Corp.

    2.9%  

Blink Charging Co.

    2.9%  

GEM Co. Ltd., Class A

    2.8%  

BASF SE

    2.8%  

EnerSys

    2.3%  

Rolls-Royce Holdings PLC

    1.9%  

Bloom Energy Corp., Class A

    1.9%  

Qingdao TGOOD Electric Co. Ltd., Class A

    1.8%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Battery Value Chain and Innovation Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Battery Value Chain and Innovation Index (the “Index”). In seeking to track the Index, the Fund invests in companies primarily involved in battery and energy storage solutions that meet the index eligibility requirements. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 928.30        0.45   $ 2.19  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.94        0.45   $ 2.29  

Performance

 

   
        Cumulative Total Return  
        6-Month*      Since Inception1  

Fund NAV Returns

       -7.17      -20.36

Fund Market Price Returns

       -7.90      -20.41

WisdomTree Battery Value Chain and Innovation Index

       -7.05      -20.03

MSCI ACWI Materials Index

       7.32      -11.76
1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on February 17, 2022.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

14   WisdomTree Trust


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree BioRevolution Fund (WDNA)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    78.8%  

Materials

    12.2%  

Consumer Staples

    5.6%  

Energy

    3.2%  

Other Assets less Liabilities‡

    0.2%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

AstraZeneca PLC, ADR

    3.1%  

Pfizer, Inc.

    2.3%  

Vertex Pharmaceuticals, Inc.

    2.3%  

Archer-Daniels-Midland Co.

    2.2%  

Merck & Co., Inc.

    2.2%  

Gilead Sciences, Inc.

    2.2%  

Sarepta Therapeutics, Inc.

    2.2%  

Alnylam Pharmaceuticals, Inc.

    2.2%  

Eli Lilly & Co.

    2.1%  

Thermo Fisher Scientific, Inc.

    2.0%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree BioRevolution Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree BioRevolution Index (the “Index”). In seeking to track the Index, the Fund primarily invests in equity securities of exchange-listed companies globally that will be significantly transformed by advancements in genetics and biotechnology. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 1,005.50        0.45   $ 2.27  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.94        0.45   $ 2.29  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      Since Inception1  

Fund NAV Returns

       0.55      -26.07      -20.34

Fund Market Price Returns

       0.43      -26.23      -20.42

WisdomTree BioRevolution Index

       0.75      -25.77      -19.99

S&P Biotechnology Select Industry Index

       12.04      -25.62      -23.52

S&P 500® Health Care Index

       6.10      -3.55      7.67
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on June 3, 2021.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      15  


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Cloud Computing Fund (WCLD)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    94.5%  

Health Care

    2.1%  

Communication Services

    1.9%  

Consumer Discretionary

    1.4%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Yext, Inc.

    2.3%  

Clearwater Analytics Holdings, Inc., Class A

    2.0%  

Workiva, Inc.

    2.0%  

AvidXchange Holdings, Inc.

    2.0%  

Coupa Software, Inc.

    1.9%  

Smartsheet, Inc., Class A

    1.9%  

Wix.com Ltd.

    1.9%  

Squarespace, Inc., Class A

    1.8%  

PagerDuty, Inc.

    1.7%  

Box, Inc., Class A

    1.7%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Cloud Computing Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the Bessemer Venture Partners (“BVP”) Nasdaq Emerging Cloud Index (the “Index”). In seeking to track the Index, the Fund invests in emerging public companies primarily involved in providing cloud computing software and services to their customers, which derive the majority of their revenues from business-oriented software products, as determined by BVP. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 893.70        0.45   $ 2.15  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.94        0.45   $ 2.29  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      Since Inception1  

Fund NAV Returns

       -10.63      -51.71      -0.67      -0.01

Fund Market Price Returns

       -10.40      -51.67      -0.66      0.01

BVP Nasdaq Emerging Cloud Index

       -10.48      -51.53      -0.34      0.36

S&P 500® Information Technology Index

       -1.76      -28.19      11.60      14.69

S&P 500® Growth Index

       -2.47      -29.41      7.54      8.96
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 6, 2019.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

16   WisdomTree Trust


Performance Summary

as of December 31, 2022 (unaudited)

WisdomTree Cybersecurity Fund (WCBR)

 

Country Breakdown

 

Country   % of Net Assets  

United States

    86.5%  

United Kingdom

    4.5%  

Japan

    4.4%  

South Korea

    2.8%  

Israel

    1.3%  

Canada

    0.4%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s country breakdown may change over time. It does not include derivatives (if any).

 

Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any).

Top Ten Holdings*

 

Description   % of Net Assets  

Okta, Inc.

    7.1%  

Fortinet, Inc.

    6.1%  

Akamai Technologies, Inc.

    5.2%  

Tenable Holdings, Inc.

    5.1%  

HashiCorp, Inc., Class A

    5.0%  

Palo Alto Networks, Inc.

    5.0%  

Datadog, Inc., Class A

    4.9%  

Fastly, Inc., Class A

    4.7%  

Cloudflare, Inc., Class A

    4.6%  

Darktrace PLC

    4.5%  
*

The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any).

The WisdomTree Cybersecurity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Team8 Cybersecurity Index (the “Index”). In seeking to track the Index, the Fund invests in equity securities of exchange-listed companies globally, which are primarily involved in cybersecurity and security-oriented technology that generate a meaningful part of their revenue from security protocols that prevent intrusion and attacks to systems, networks, applications, computers, and mobile devices and are experiencing revenue growth.

Shareholder Expense Example (for the six-month period ended December 31, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 855.90        0.45   $ 2.11  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.94        0.45   $ 2.29  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      Since Inception1  

Fund NAV Returns

       -14.41      -41.57      -21.11

Fund Market Price Returns

       -14.37      -41.61      -21.14

WisdomTree Team8 Cybersecurity Index

       -14.73      -41.75      -21.01

S&P 500® Information Technology Index

       -1.76      -28.19      -2.31

S&P 500® Growth Index

       -2.47      -29.41      -4.03
*

Returns of less than one year are cumulative.

1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on January 28, 2021.

Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.

 

WisdomTree Trust      17  


Description of Terms and Indexes (unaudited)

 

 

Below are descriptions of certain terms and of each Index referenced in this report:

The 60% S&P 500® Index/40% Bloomberg U.S. Aggregate Index Composite represents a 60% weight to the S&P 500® Index and a 40% weight to the Bloomberg U.S. Aggregate Index. The Bloomberg U.S. Aggregate Index measures the performance of the U.S. investment-grade bond market.

The BVP Nasdaq Emerging Cloud Index is an equally weighted index that is designed to track the performance of emerging public companies primarily involved in providing cloud software and services to their customers.

Cloud computing is a term used to describe the delivery, through the Internet, of computing services, which can include servers, storage, databases, networking, software, analytics, and intelligence.

The ICE BofA Merrill Lynch U.S. Corporate Index tracks the performance of U.S. dollar denominated investment grade corporate debt publicly issued in the U.S.

The ICE BofA Merrill Lynch U.S. High Yield Index tracks the performance of U.S. dollar denominated high yield corporate debt securities issued in the U.S.

The ICE BofA Merrill Lynch 1-5 Year U.S. Corporate Index is a subset of the ICE BofA Merrill Lynch U.S. Corporate Index including all securities with a remaining term to final maturity less than 5 years.

The MSCI ACWI Materials Index is a modified market capitalization weighted index that measures the performance of securities classified in the Materials GICS sector.

The MSCI EAFE Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCI EAFE Index, its parent index.

The MSCI EAFE Index is a market cap-weighted index composed of companies representative of the developed market structure of developed countries in Europe, Australasia and Japan.

The MSCI EAFE Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure developed market equity performance, excluding the U.S. and Canada, in local currency.

The MSCI EAFE Small Cap Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI EAFE Small Cap Local Currency Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada, in local currency.

The MSCI EAFE Small Cap Value Index captures small cap securities exhibiting overall value style characteristics across Developed Markets countries, excluding the U.S. and Canada.

The MSCI EAFE Value Index is a free float-adjusted market capitalization index that is designed to measure the performance of “value” stocks within the developed equity market, excluding the U.S. and Canada.

The MSCI Emerging Markets Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCI Emerging Markets Index, its parent index.

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.

The MSCI Extended ESG Focus Indexes (the “Indexes”) are designed to maximize their exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the underlying market capitalization weighted index.

 

18   WisdomTree Trust


Description of Terms and Indexes (unaudited) (continued)

 

The NASDAQ 100 Index is a large-cap growth index that includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization.

The S&P 500® Growth Index measures the performance of the large-capitalization growth sector of the U.S. equity market.

The S&P 500® Health Care Index is a capitalization weighted index that measures the performance of the members of the GICS Healthcare sector within the S&P 500 Index.

The S&P 500® Index is a capitalization-weighted index of 500 stocks selected by the Standard & Poor’s Index Committee designed to represent the performance of the leading industries in the United States economy.

The S&P 500® Information Technology Index comprises companies included in the S&P 500® that are classified as members of the GICS® information technology sector.

The S&P Biotechnology Select Industry Index is designed to measure the performance of stocks from the S&P Total Market index that are classified in the GICS biotechnology sub-industry.

The WisdomTree Artificial Intelligence & Innovation Index is designed to measure the performance of companies primarily involved in artificial intelligence and innovation.

The WisdomTree Battery Value Chain and Innovation Index is designed to track the performance of companies primarily involved in battery and energy storage solutions that meet Index eligibility requirements. Battery and energy storage solutions can be defined as technology that captures electric energy in chemical form.

The WisdomTree BioRevolution Index is designed to track performance of companies that will be significantly transformed by advancements in genetics and biotechnology that meet index eligibility requirements.

The WisdomTree Dynamic Currency Hedged International Equity Index is a fundamentally weighted index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States. To hedge the impact of changes to the value of foreign currencies relative to the U.S. dollar, a currency hedge ratio (ranging from 0% to 100%) is applied monthly using a rules-based process that combines momentum, value, and interest rate signals.

The WisdomTree Dynamic Currency Hedged International SmallCap Equity Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world, excluding Canada and the United States. To hedge the impact of changes to the value of foreign currencies relative to the U.S. dollar, a currency hedge ratio (ranging from 0% to 100%) is applied monthly using a rules-based process that combines momentum, value, and interest rate signals.

The WisdomTree Emerging Markets ex-China Index measures the performance of emerging markets stocks (excluding China) that are not state owned enterprises. State owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies. The index employs a modified float-adjusted market capitalization weighting process to target the weights of countries in the universe (excluding China) prior to the removal of state owned enterprises while also limiting sector deviations to 3% of the starting universe.

The WisdomTree Team8 Cybersecurity Index is designed to track the performance of companies primarily involved in providing cybersecurity-oriented products that meet index eligibility requirements.

The WisdomTree U.S. Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. investment grade corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of

 

WisdomTree Trust      19  


Description of Terms and Indexes (unaudited) (continued)

public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $350 million in par amount outstanding and a remaining maturity of at least one year. Component securities must be rated investment grade.

The WisdomTree U.S. High Yield Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. high yield corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $500 million in par amount outstanding and a remaining maturity of at least one year. Component securities must be rated non-investment grade by at least one rating agency.

The WisdomTree U.S. Short-Term Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. investment-grade corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $350 million in par amount outstanding and a remaining maturity of at least one year but not more than five years. Component securities must be rated investment grade.

The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

THE INFORMATION SET FORTH IN THE BVP NASDAQ EMERGING CLOUD INDEX IS NOT INTENDED TO BE, AND SHALL NOT BE REGARDED OR CONSTRUED AS, A RECOMMENDATION FOR A TRANSACTION OR INVESTMENT OR FINANCIAL, TAX, INVESTMENT OR OTHER ADVICE OF ANY KIND BY BESSEMER VENTURE PARTNERS. BESSEMER VENTURE PARTNERS DOES NOT PROVIDE INVESTMENT ADVICE TO WISDOMTREE OR THE FUND, IS NOT AN INVESTMENT ADVISER TO THE FUND AND IS NOT RESPONSIBLE FOR THE PERFORMANCE OF THE FUND. THE FUND IS NOT ISSUED, SPONSORED, ENDORSED OR PROMOTED BY BESSEMER VENTURE PARTNERS. BESSEMER VENTURE PARTNERS MAKES NO WARRANTY OR REPRESENTATION REGARDING THE QUALITY, ACCURACY OR COMPLETENESS OF THE BVP NASDAQ EMERGING CLOUD INDEX, INDEX

 

20   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

VALUES OR ANY INDEX RELATED DATA INCLUDED HEREIN, PROVIDED HEREWITH OR DERIVED THEREFROM AND ASSUMES NO LIABILITY IN CONNECTION WITH ITS USE. BESSEMER VENTURE PARTNERS AND/OR POOLED INVESTMENT VEHICLES WHICH IT MANAGES, AND INDIVIDUALS AND ENTITIES AFFILIATED WITH SUCH VEHICLES, MAY PURCHASE, SELL OR HOLD SECURITIES OF ISSUERS THAT ARE CONSTITUENTS OF THE BVP NASDAQ EMERGING CLOUD INDEX FROM TIME TO TIME AND AT ANY TIME, INCLUDING IN ADVANCE OF OR FOLLOWING AN ISSUER BEING ADDED TO OR REMOVED FROM THE BVP NASDAQ EMERGING CLOUD INDEX.

Nasdaq® and the BVP Nasdaq Emerging Cloud Index are registered trademarks and service marks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by WisdomTree. The fund has not been passed on by the Corporations as to its legality or suitability. The fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.

WisdomTree, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.

Index performance information assumes the reinvestment of dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.

*    *    *    *    *    *

Abbreviations used in the schedules of investments and related tables included in this report are as follows:

 

CURRENCY ABBREVIATIONS:
AUD   Australian dollar    ILS   Israeli new shekel
CHF   Swiss franc    JPY   Japanese yen
DKK   Danish krone    NOK   Norwegian krone
EUR   Euro    SEK   Swedish krona
GBP   British pound    SGD   Singapore dollar
HKD   Hong Kong dollar    USD   U.S. dollar
OTHER ABBREVIATIONS:           
ADR   American Depositary Receipt
CVA   Certificaten Van Aandelen (Certificate of Stock)
GDR   Global Depositary Receipt
NVDR   Non-Voting Depositary Receipt
RSP   Risparmio Italian Savings Shares

 

WisdomTree Trust      21  


Schedule of Investments (unaudited)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.7%

 

Australia – 13.5%

 

Abacus Property Group(a)

     38,763      $ 69,135  

Accent Group Ltd.(a)

     12,282        13,993  

Adbri Ltd.(a)

     18,004        20,207  

AGL Energy Ltd.

     14,282        78,161  

ALS Ltd.

     6,392        53,014  

Alumina Ltd.(a)

     105,593        108,844  

Ampol Ltd.

     7,505        143,932  

ANZ Group Holdings Ltd.

     79,177        1,270,397  

APA Group

     28,712        209,508  

Aristocrat Leisure Ltd.

     3,877        80,243  

ASX Ltd.

     3,350        154,528  

Aurizon Holdings Ltd.

     38,840        98,246  

Australian Clinical Labs Ltd.

     16,551        33,448  

Bank of Queensland Ltd.(a)

     11,683        54,668  

Bendigo & Adelaide Bank Ltd.

     11,064        73,605  

BHP Group Ltd.

     277,704        8,593,268  

BlueScope Steel Ltd.

     9,587        109,484  

Brambles Ltd.

     16,334        133,698  

Brickworks Ltd.

     2,392        35,963  

BWP Trust(a)

     18,688        49,552  

carsales.com Ltd.

     3,922        55,215  

Centuria Capital Group(a)

     70,425        81,429  

Centuria Industrial REIT(a)

     20,682        43,760  

Challenger Ltd.(a)

     9,092        46,983  

Charter Hall Group(a)

     7,554        61,370  

Charter Hall Long Wale REIT

     28,342        85,145  

Cochlear Ltd.

     291        40,281  

Coles Group Ltd.

     22,705        257,444  

Commonwealth Bank of Australia(a)

     30,818        2,144,261  

Computershare Ltd.

     5,557        98,734  

Cromwell Property Group(a)

     93,668        42,559  

CSL Ltd.

     1,904        371,555  

CSR Ltd.

     17,365        55,465  

Deterra Royalties Ltd.

     24,231        75,260  

Dexus

     25,754        135,354  

Dicker Data Ltd.(a)

     3,476        24,020  

Eagers Automotive Ltd.(a)

     4,456        32,787  

Elders Ltd.

     4,485        30,841  

Endeavour Group Ltd.

     16,823        73,243  

First Resources Ltd.

     41,100        45,353  

Goodman Group

     9,926        116,856  

GPT Group

     23,212        66,113  

Growthpoint Properties Australia Ltd.(a)

     21,911        44,280  

Harvey Norman Holdings Ltd.(a)

     39,835        111,568  

Healius Ltd.(a)

     12,329        25,668  

Helia Group Ltd.

     22,532        42,020  

HomeCo Daily Needs REIT

     55,188        48,092  

IGO Ltd.

     3,362        30,688  

Iluka Resources Ltd.

     4,805        31,054  

Incitec Pivot Ltd.

     48,882        124,641  

Inghams Group Ltd.

     17,278        33,511  

Insignia Financial Ltd.

     17,180        39,030  

Insurance Australia Group Ltd.

     16,169      52,084  

IVE Group Ltd.

     12,313        19,623  

JB Hi-Fi Ltd.(a)

     3,762        107,023  

Lovisa Holdings Ltd.

     2,566        40,214  

Macquarie Group Ltd.

     4,812        544,834  

McMillan Shakespeare Ltd.

     4,200        38,280  

Medibank Pvt Ltd.

     43,720        87,464  

Metcash Ltd.(a)

     26,734        72,156  

Mineral Resources Ltd.

     917        48,008  

Mirvac Group

     59,272        85,616  

MyState Ltd.

     9,273        24,651  

National Australia Bank Ltd.

     64,623        1,317,352  

New Hope Corp. Ltd.(a)

     30,226        130,366  

NIB Holdings Ltd.(a)

     7,090        37,263  

Nick Scali Ltd.(a)

     2,095        15,117  

Nine Entertainment Co. Holdings Ltd.

     63,194        78,853  

Northern Star Resources Ltd.

     10,907        80,697  

NRW Holdings Ltd.

     24,801        47,261  

Orica Ltd.

     3,560        36,358  

Origin Energy Ltd.

     30,072        157,436  

Orora Ltd.

     21,423        41,986  

Perpetual Ltd.(a)

     2,737        45,660  

Premier Investments Ltd.

     3,853        64,905  

QBE Insurance Group Ltd.

     12,022        109,491  

Qube Holdings Ltd.(a)

     24,905        47,459  

REA Group Ltd.(a)

     886        66,573  

Reece Ltd.

     4,173        40,043  

Region RE Ltd.

     32,725        60,142  

Rio Tinto Ltd.

     54,534        3,922,108  

Santos Ltd.

     39,765        192,542  

Scentre Group

     103,346        201,842  

SEEK Ltd.(a)

     4,146        58,903  

Seven Group Holdings Ltd.(a)

     3,083        43,843  

Sigma Healthcare Ltd.

     11,953        4,945  

Sims Ltd.

     7,361        65,343  

Sonic Healthcare Ltd.

     6,859        139,403  

South32 Ltd.

     212,765        577,146  

Steadfast Group Ltd.(a)

     12,286        45,575  

Stockland

     87,014        214,201  

Suncorp Group Ltd.

     13,746        112,235  

Telstra Group Ltd.(a)

     235,154        636,284  

Terracom Ltd.(a)

     22,936        14,465  

TPG Telecom Ltd.(a)

     26,016        86,273  

Transurban Group

     32,501        286,086  

Treasury Wine Estates Ltd.

     7,488        69,111  

Vicinity Ltd.

     87,398        118,538  

Viva Energy Group Ltd.(b)

     51,477        95,302  

Washington H Soul Pattinson & Co. Ltd.(a)

     3,832        71,879  

Waypoint REIT Ltd.

     22,777        42,477  

Wesfarmers Ltd.

     15,837        493,067  

Westpac Banking Corp.

     55,991        886,606  

Whitehaven Coal Ltd.

     22,364        142,865  

Woodside Energy Group Ltd.(a)

     55,141        1,325,239  

Woolworths Group Ltd.

     10,356        235,689  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

Worley Ltd.

     7,993      $ 81,307  
     

 

 

 
Total Australia

 

     29,558,663  
Austria – 0.6%

 

Andritz AG

     1,656        94,642  

BAWAG Group AG*(b)

     2,417        128,461  

Erste Group Bank AG

     7,849        250,468  

EVN AG

     2,562        46,210  

Lenzing AG

     913        53,397  

Oesterreichische Post AG

     1,664        52,212  

OMV AG

     5,364        275,359  

S IMMO AG

     1,301        17,328  

Telekom Austria AG*

     13,253        81,754  

UNIQA Insurance Group AG

     11,440        85,465  

Verbund AG

     713        59,849  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     2,216        52,858  

Voestalpine AG

     3,631        96,027  

Wienerberger AG

     1,905        45,867  
     

 

 

 
Total Austria

 

     1,339,897  
Belgium – 1.0%

 

Ackermans & van Haaren NV

     278        47,531  

Aedifica SA

     734        59,379  

Ageas SA/NV

     6,702        296,265  

Anheuser-Busch InBev SA

     5,388        323,572  

bpost SA

     8,685        44,529  

Cofinimmo SA

     302        26,977  

D’ieteren Group

     295        56,419  

Elia Group SA/NV

     424        60,094  

Groupe Bruxelles Lambert NV

     2,160        171,926  

KBC Group NV

     9,888        634,022  

Melexis NV

     762        65,873  

Proximus SADP

     12,404        119,090  

Solvay SA

     1,330        134,080  

UCB SA

     879        69,007  

Umicore SA

     1,936        70,912  

VGP NV(a)

     783        65,014  

Warehouses De Pauw CVA

     1,820        51,862  
     

 

 

 
Total Belgium

 

     2,296,552  
Burkina Faso – 0.0%

 

Endeavour Mining PLC

     2,793        58,862  
China – 0.5%

 

BOC Hong Kong Holdings Ltd.

     221,500        754,893  

Prosus NV*

     2,225        153,045  

Wilmar International Ltd.

     88,500        275,160  
     

 

 

 
Total China

 

     1,183,098  
Denmark – 1.4%

 

Alm Brand A/S

     26,161        42,238  

AP Moller – Maersk A/S, Class B

     258        578,365  

Carlsberg A/S, Class B

     964        127,724  

Chr Hansen Holding A/S

     696        49,914  

Coloplast A/S, Class B

     1,464        170,608  

D/S Norden A/S

     1,743        104,562  

DSV A/S

     447      70,342  

Novo Nordisk A/S, Class B

     7,595        1,022,426  

Novozymes A/S, Class B

     1,053        53,180  

Orsted A/S(b)

     2,457        222,609  

Pandora A/S

     2,053        143,813  

Scandinavian Tobacco Group A/S(b)

     2,749        48,172  

Sydbank A/S

     1,005        42,203  

Topdanmark A/S

     2,849        149,404  

Tryg A/S

     6,649        157,784  
     

 

 

 
Total Denmark

 

     2,983,344  
Finland – 1.6%

 

Aktia Bank Oyj

     3,268        35,645  

Anora Group Oyj

     3,793        29,794  

Citycon Oyj*(a)

     6,836        45,635  

Elisa Oyj

     2,449        129,273  

Fortum Oyj

     21,126        350,376  

Huhtamaki Oyj

     1,265        43,202  

Kesko Oyj, Class A

     2,595        56,360  

Kesko Oyj, Class B

     5,040        110,914  

Kojamo Oyj

     2,742        40,384  

Kone Oyj, Class B

     5,314        273,927  

Konecranes Oyj

     1,220        37,447  

Metsa Board Oyj, Class B

     6,286        58,802  

Metso Outotec Oyj

     9,561        98,080  

Neste Oyj

     4,310        197,885  

Nokia Oyj

     17,411        80,404  

Nordea Bank Abp

     73,456        787,328  

Orion Oyj, Class B

     1,454        79,513  

Sampo Oyj, Class A

     10,616        553,127  

Stora Enso Oyj, Class R

     7,093        99,545  

TietoEVRY Oyj

     2,524        71,438  

UPM-Kymmene Oyj

     6,164        229,788  

Valmet Oyj

     3,442        92,425  
     

 

 

 
Total Finland

 

     3,501,292  
France – 11.2%

 

Air Liquide SA

     2,861        404,270  

Airbus SE

     3,492        413,753  

ALD SA(a)(b)

     12,872        147,817  

Arkema SA

     748        66,962  

AXA SA

     64,277        1,787,363  

BioMerieux

     455        47,550  

BNP Paribas SA

     27,975        1,589,848  

Bollore SE

     17,420        97,048  

Bouygues SA(a)

     7,142        213,729  

Bureau Veritas SA

     1,599        41,998  

Capgemini SE

     778        129,488  

Carrefour SA

     6,339        105,809  

Cie de Saint-Gobain

     5,541        269,957  

Cie Generale des Etablissements Michelin SCA

     8,928        247,596  

Coface SA

     8,510        110,259  

Danone SA

     6,682        351,077  

Dassault Aviation SA

     480        81,043  

Dassault Systemes SE

     2,079        74,319  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

Edenred

     1,544      $ 83,842  

Eiffage SA

     1,163        114,092  

Electricite de France SA

     55,428        709,866  

Elis SA

     4,451        65,650  

Engie SA

     71,882        1,027,074  

Eramet SA

     642        57,452  

EssilorLuxottica SA

     2,068        373,437  

Gaztransport Et Technigaz SA

     609        64,866  

Gecina SA

     918        93,222  

Getlink SE

     3,130        50,024  

Hermes International

     295        454,942  

Imerys SA

     1,206        46,773  

Ipsen SA

     318        34,108  

IPSOS

     789        49,260  

Kering SA

     1,018        516,612  

Klepierre SA*

     6,753        155,170  

L’Oreal SA

     3,506        1,248,257  

La Francaise des Jeux SAEM(b)

     3,467        139,052  

Legrand SA

     1,994        159,224  

LVMH Moet Hennessy Louis Vuitton SE

     4,096        2,972,152  

Metropole Television SA

     5,254        86,072  

Nexans SA

     396        35,691  

Orange SA

     77,264        765,311  

Pernod Ricard SA

     2,599        509,682  

Publicis Groupe SA*

     3,342        211,936  

Remy Cointreau SA

     241        40,536  

Rexel SA

     6,144        120,914  

Rothschild & Co.

     2,521        100,492  

Rubis SCA

     2,722        71,464  

Sanofi

     15,017        1,439,855  

Sartorius Stedim Biotech

     148        47,781  

Schneider Electric SE

     3,958        552,184  

Societe BIC SA

     584        39,858  

Societe Generale SA

     18,538        464,544  

Sodexo SA

     806        76,971  

Sopra Steria Group SACA

     333        50,182  

SPIE SA

     2,078        54,024  

Teleperformance

     234        55,616  

Thales SA

     2,008        255,664  

TotalEnergies SE(a)

     58,987        3,692,243  

Trigano SA

     8        1,089  

Valeo

     1,472        26,236  

Veolia Environnement SA

     9,205        235,777  

Verallia SA(b)

     1,539        52,034  

Vicat SA

     2,535        63,443  

Vinci SA

     6,415        638,701  

Vivendi SE

     15,714        149,495  

Wendel SE

     752        69,984  
     

 

 

 
Total France

 

     24,502,740  
Georgia – 0.0%

 

Bank of Georgia Group PLC

     1,691        52,988  
Germany – 7.4%

 

adidas AG

     1,799        244,721  

Allianz SE, Registered Shares

     7,142        1,531,319  

BASF SE

     19,673      974,004  

Bayer AG, Registered Shares

     11,388        587,334  

Bayerische Motoren Werke AG

     13,215        1,175,967  

Bechtle AG

     1,043        36,800  

Beiersdorf AG

     504        57,662  

Brenntag SE

     1,351        86,108  

Carl Zeiss Meditec AG, Bearer Shares

     345        43,411  

Dermapharm Holding SE

     627        25,107  

Deutsche Bank AG, Registered Shares

     14,974        169,207  

Deutsche Boerse AG

     1,083        186,551  

Deutsche Post AG, Registered Shares

     18,490        694,223  

Deutsche Telekom AG, Registered Shares

     77,756        1,546,675  

DWS Group GmbH & Co. KGaA(b)

     6,564        212,685  

E.ON SE

     46,767        465,879  

Encavis AG

     1,648        32,512  

Evonik Industries AG

     8,519        163,063  

Fielmann AG

     1,972        77,913  

Freenet AG

     3,713        80,918  

GEA Group AG

     1,746        71,183  

Hannover Rueck SE

     1,794        355,167  

Hapag-Lloyd AG(a)(b)

     5,458        1,034,529  

HeidelbergCement AG

     3,307        188,046  

Henkel AG & Co. KGaA

     2,011        129,311  

Hochtief AG

     1,023        57,516  

Infineon Technologies AG

     4,855        147,310  

Kloeckner & Co. SE

     5,609        55,283  

Mercedes-Benz Group AG, Registered Shares

     27,433        1,797,660  

Merck KGaA

     504        97,305  

MTU Aero Engines AG

     299        64,524  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     1,695        549,932  

Puma SE

     1,626        98,394  

Rheinmetall AG

     310        61,554  

RWE AG

     5,130        227,705  

SAP SE

     7,180        738,622  

Siemens Healthineers AG(b)

     6,095        303,973  

Siltronic AG

     1,331        96,808  

Sixt SE

     882        80,906  

Stroeer SE & Co. KGaA

     1,097        50,999  

Suedzucker AG

     1,980        34,529  

Symrise AG

     408        44,262  

Synlab AG

     2,877        34,788  

Talanx AG

     5,059        239,293  

Telefonica Deutschland Holding AG

     76,600        188,273  

United Internet AG, Registered Shares

     2,809        56,630  

Vantage Towers AG

     3,466        118,741  

Varta AG(a)

     1,712        41,184  

Volkswagen AG

     4,055        638,984  

Wacker Chemie AG

     1,138        145,015  

Wacker Neuson SE

     6,040        105,331  
     

 

 

 
Total Germany

 

     16,245,816  
Hong Kong – 3.5%

 

AIA Group Ltd.

     93,800        1,043,163  

Bank of East Asia Ltd.

     55,949        67,813  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

Champion REIT(a)

     171,000      $ 67,480  

CLP Holdings Ltd.

     45,500        331,998  

Dah Sing Banking Group Ltd.

     42,800        30,709  

Fortune Real Estate Investment Trust

     58,000        47,114  

Hang Lung Properties Ltd.

     102,000        199,427  

Hang Seng Bank Ltd.

     20,800        345,914  

Henderson Land Development Co. Ltd.

     130,000        453,879  

Hong Kong & China Gas Co. Ltd.

     301,816        286,930  

Hong Kong Exchanges & Clearing Ltd.

     14,059        607,396  

Hutchison Port Holdings Trust

     422,100        81,887  

Hysan Development Co. Ltd.

     19,000        61,589  

Link REIT

     61,360        450,474  

MTR Corp. Ltd.

     123,143        652,402  

New World Development Co. Ltd.

     102,000        287,510  

PCCW Ltd.

     495,000        223,243  

Power Assets Holdings Ltd.

     73,500        402,581  

Singamas Container Holdings Ltd.

     120,000        11,224  

Sino Land Co. Ltd.

     234,481        293,216  

Sun Hung Kai Properties Ltd.

     74,500        1,019,430  

Swire Pacific Ltd., Class A

     13,000        114,427  

Swire Pacific Ltd., Class B

     57,500        78,239  

Swire Properties Ltd.

     98,800        251,147  

Techtronic Industries Co. Ltd.

     13,500        150,654  
     

 

 

 
Total Hong Kong

 

     7,559,846  
Indonesia – 0.0%

 

Nickel Industries Ltd.(a)

     78,536        51,661  
Ireland – 0.3%

 

AIB Group PLC

     16,448        63,476  

CRH PLC

     8,443        333,489  

Glanbia PLC

     3,788        48,189  

Kerry Group PLC, Class A

     298        26,792  

Kingspan Group PLC

     491        26,505  

Smurfit Kappa Group PLC

     3,480        128,357  
     

 

 

 
Total Ireland

 

     626,808  
Israel – 0.9%

 

Alony Hetz Properties & Investments Ltd.

     3,747        38,017  

Amot Investments Ltd.

     11,294        66,096  

Ashtrom Group Ltd.

     2,510        46,729  

Azrieli Group Ltd.

     1,193        78,981  

Bank Hapoalim BM

     12,998        116,848  

Bank Leumi Le-Israel BM

     38,370        318,726  

Bezeq The Israeli Telecommunication Corp. Ltd.

     44,486        76,465  

Big Shopping Centers Ltd.*

     409        41,729  

Carasso Motors Ltd.

     6,052        34,767  

Delek Automotive Systems Ltd.

     4,246        49,590  

Delek Group Ltd.*

     1        79  

FIBI Holdings Ltd.

     738        30,662  

First International Bank of Israel Ltd.

     1,398        55,072  

Gav-Yam Lands Corp. Ltd.

     5,680        44,107  

Harel Insurance Investments & Financial Services Ltd.

     5,034        44,241  

ICL Group Ltd.

     50,495        364,205  

Israel Discount Bank Ltd., Class A

     15,425        80,786  

Matrix IT Ltd.

     1,655      34,540  

Mivne Real Estate KD Ltd.

     13,587        43,127  

Mizrahi Tefahot Bank Ltd.

     4,776        154,169  

Phoenix Holdings Ltd.

     5,847        62,141  

Plus500 Ltd.

     2,976        64,580  

Strauss Group Ltd.

     1,672        44,206  
     

 

 

 
Total Israel

 

     1,889,863  
Italy – 2.3%

 

A2A SpA

     65,889        87,548  

ACEA SpA

     3,494        48,178  

Alerion Cleanpower SpA

     787        27,046  

Anima Holding SpA(b)

     13,770        54,993  

Assicurazioni Generali SpA

     29,617        525,179  

Azimut Holding SpA

     4,509        100,720  

Banca Generali SpA

     2,807        96,044  

Banca Mediolanum SpA

     13,904        115,715  

Banca Popolare di Sondrio SpA

     14,143        57,056  

Banco BPM SpA

     33,597        119,545  

Brembo SpA

     3,201        35,700  

Buzzi Unicem SpA

     1,843        35,405  

Credito Emiliano SpA

     9,938        70,320  

Cromwell European Real Estate Investment Trust

     33,600        53,789  

Davide Campari-Milano NV

     4,171        42,218  

De’ Longhi SpA

     1,618        36,228  

DiaSorin SpA

     249        34,653  

Eni SpA

     83,964        1,190,566  

ERG SpA

     2,502        77,331  

Esprinet SpA

     1,744        12,536  

Ferrari NV

     625        133,540  

FinecoBank Banca Fineco SpA

     6,374        105,577  

Hera SpA

     17,999        48,389  

Infrastrutture Wireless Italiane SpA(b)

     10,625        106,750  

Italgas SpA

     15,621        86,525  

Leonardo SpA

     4,466        38,417  

Mediobanca Banca di Credito Finanziario SpA(a)

     23,398        224,344  

Moncler SpA

     1,534        81,039  

Piaggio & C. SpA

     12,901        38,607  

Poste Italiane SpA(b)

     27,709        269,878  

Prysmian SpA

     1,595        59,000  

Recordati Industria Chimica e Farmaceutica SpA

     2,196        90,818  

Snam SpA

     85,176        411,523  

Terna – Rete Elettrica Nazionale

     35,238        259,493  

Unieuro SpA(a)(b)

     358        4,696  

Unipol Gruppo SpA

     15,156        73,727  

UnipolSai Assicurazioni SpA(a)

     62,281        153,012  
     

 

 

 
Total Italy

 

     5,006,105  
Japan – 19.5%

 

ABC-Mart, Inc.

     700        39,630  

ADEKA Corp.

     8,500        139,407  

Advantest Corp.

     1,200        77,123  

Aeon Co. Ltd.

     3,500        73,822  

Aeon Mall Co. Ltd.

     5,000        64,610  

AGC, Inc.(a)

     3,400        113,252  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

Aica Kogyo Co. Ltd.(a)

     2,200      $ 52,188  

Air Water, Inc.

     3,000        34,901  

Aisin Corp.

     3,700        98,988  

Ajinomoto Co., Inc.

     2,900        88,597  

Akita Bank Ltd.

     1,500        21,748  

Alfresa Holdings Corp.

     3,600        45,728  

Amada Co. Ltd.

     10,200        79,933  

Aozora Bank Ltd.(a)

     4,000        78,669  

Asahi Group Holdings Ltd.(a)

     3,700        115,505  

Asahi Kasei Corp.

     5,700        40,668  

Astellas Pharma, Inc.

     16,600        252,438  

Autobacs Seven Co. Ltd.

     12,200        133,516  

Azbil Corp.

     1,000        25,200  

Bandai Namco Holdings, Inc.

     2,200        138,624  

BayCurrent Consulting, Inc.

     1,000        31,187  

Bridgestone Corp.(a)

     6,200        220,427  

Brother Industries Ltd.

     2,700        41,069  

Canon Marketing Japan, Inc.(a)

     3,800        86,083  

Canon, Inc.(a)

     14,500        313,803  

Capcom Co. Ltd.

     1,200        38,289  

Casio Computer Co. Ltd.(a)

     4,100        41,732  

Central Japan Railway Co.

     600        73,690  

Chiba Bank Ltd.(a)

     11,500        83,846  

Chubu Electric Power Co., Inc.

     4,900        50,580  

Chugai Pharmaceutical Co. Ltd.(a)

     19,000        484,990  

Coca-Cola Bottlers Japan Holdings, Inc.(a)

     5,300        57,722  

COMSYS Holdings Corp.

     3,300        57,899  

Concordia Financial Group Ltd.

     20,300        84,619  

Cosmo Energy Holdings Co. Ltd.

     2,400        63,481  

Dai Nippon Printing Co. Ltd.

     2,400        48,202  

Dai-ichi Life Holdings, Inc.

     12,500        283,641  

Daicel Corp.

     6,100        44,151  

Daifuku Co. Ltd.

     700        32,786  

Daiichi Sankyo Co. Ltd.

     3,400        109,515  

Daikin Industries Ltd.

     900        137,785  

Daito Trust Construction Co. Ltd.

     1,200        123,142  

Daiwa House Industry Co. Ltd.

     5,700        131,284  

Daiwa Securities Group, Inc.

     26,000        114,881  

Denka Co. Ltd.

     1,600        36,682  

Denso Corp.

     5,500        272,447  

Dentsu Group, Inc.(a)

     2,600        81,678  

DIC Corp.(a)

     3,100        54,649  

Disco Corp.

     400        114,442  

Doshisha Co. Ltd.

     12,900        158,677  

Earth Corp.

     3,100        118,883  

East Japan Railway Co.(a)

     1,500        85,490  

Ebara Corp.

     1,300        46,504  

Ehime Bank Ltd.

     3,400        23,604  

Eisai Co. Ltd.

     1,600        105,547  

Electric Power Development Co. Ltd.

     2,700        42,891  

ENEOS Holdings, Inc.

     69,000        234,279  

Exedy Corp.

     12,100        148,195  

EXEO Group, Inc.(a)

     3,800        64,742  

FANUC Corp.

     1,300        195,426  

Fast Retailing Co. Ltd.

     200      122,066  

FIDEA Holdings Co. Ltd.

     3,300        36,140  

FUJIFILM Holdings Corp.

     2,400        120,505  

Fujimi, Inc.

     800        37,895  

Fujitsu Ltd.

     700        93,452  

Fukuoka Financial Group, Inc.

     3,200        72,879  

Gunma Bank Ltd.

     12,100        46,219  

Hachijuni Bank Ltd.

     15,800        65,741  

Hakudo Co. Ltd.

     900        16,814  

Hakuhodo DY Holdings, Inc.

     4,100        41,328  

Hamamatsu Photonics KK

     900        43,109  

Hankyu Hanshin Holdings, Inc.

     1,800        53,477  

Haseko Corp.

     4,700        52,470  

Hazama Ando Corp.

     4,200        26,770  

Heiwa Corp.

     9,500        178,919  

Hirogin Holdings, Inc.

     32,300        161,812  

Hirose Electric Co. Ltd.

     500        62,905  

Hitachi Construction Machinery Co. Ltd.

     2,800        62,793  

Hitachi Ltd.

     5,300        268,766  

Hokkaido Gas Co. Ltd.

     10,400        132,025  

Honda Motor Co. Ltd.

     20,400        468,777  

Horiba Ltd.(a)

     2,900        125,939  

Hoya Corp.

     800        77,032  

Hulic Co. Ltd.(a)

     9,400        74,091  

Hyakujushi Bank Ltd.

     1,300        18,848  

Idemitsu Kosan Co. Ltd.(a)

     6,700        155,891  

IHI Corp.

     1,000        29,141  

Iida Group Holdings Co. Ltd.

     3,200        48,529  

Inaba Denki Sangyo Co. Ltd.

     6,300        129,443  

INFRONEER Holdings, Inc.

     8,800        66,761  

Inpex Corp.

     18,500        195,733  

Internet Initiative Japan, Inc.

     1,600        29,709  

Isuzu Motors Ltd.

     11,500        134,833  

ITOCHU Corp.(a)

     17,400        546,746  

Itochu Techno-Solutions Corp.

     2,200        51,188  

Itoham Yonekyu Holdings, Inc.

     30,200        160,447  

Japan Exchange Group, Inc.

     4,800        69,029  

Japan Metropolitan Fund Invest

     159        126,168  

Japan Post Holdings Co. Ltd.

     58,200        489,393  

Japan Post Insurance Co. Ltd.

     5,200        91,471  

Japan Tobacco, Inc.(a)

     39,100        788,549  

K’s Holdings Corp.

     5,700        48,729  

Kajima Corp.

     9,200        107,099  

Kaken Pharmaceutical Co. Ltd.

     4,100        120,876  

Kamigumi Co. Ltd.

     2,700        54,984  

Kansai Electric Power Co., Inc.

     13,800        133,769  

Kao Corp.(a)

     3,200        127,447  

Kawasaki Kisen Kaisha Ltd.(a)

     10,400        219,673  

KDDI Corp.

     32,300        974,790  

Keyence Corp.

     330        128,604  

Ki-Star Real Estate Co. Ltd.(a)

     600        20,872  

Kikkoman Corp.

     800        42,078  

Kirin Holdings Co. Ltd.(a)

     9,000        137,171  

Kobayashi Pharmaceutical Co. Ltd.

     500        34,219  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

Kobe Steel Ltd.

     15,100      $ 73,472  

Koei Tecmo Holdings Co. Ltd.(a)

     3,000        54,386  

Kokuyo Co. Ltd.(a)

     11,600        163,347  

Komatsu Ltd.

     12,800        279,001  

Konami Group Corp.

     1,200        54,295  

Konica Minolta, Inc.(a)

     14,000        55,917  

Kuraray Co. Ltd.(a)

     3,600        28,867  

Kurita Water Industries Ltd.

     1,000        41,381  

Kyowa Kirin Co. Ltd.

     4,500        102,997  

Kyushu Railway Co.

     2,200        48,720  

LIKE, Inc.

     500        7,886  

Lintec Corp.

     2,900        47,189  

M3, Inc.

     1,100        29,829  

Macnica Holdings, Inc.

     3,000        71,507  

Marubeni Corp.

     43,500        499,469  

Marui Group Co. Ltd.

     2,600        42,977  

Maruichi Steel Tube Ltd.

     2,500        51,215  

Matsui Securities Co. Ltd.

     100        595  

Mazda Motor Corp.

     10,100        76,930  

Mebuki Financial Group, Inc.

     24,600        62,271  

Medipal Holdings Corp.

     3,100        40,904  

Meitec Corp.

     1,900        34,502  

MISUMI Group, Inc.

     1,200        26,184  

Mitsubishi Chemical Group Corp.

     25,200        130,770  

Mitsubishi Corp.

     28,000        908,894  

Mitsubishi Electric Corp.

     16,500        164,256  

Mitsubishi Estate Co. Ltd.

     9,200        119,301  

Mitsubishi Gas Chemical Co., Inc.

     3,200        44,212  

Mitsubishi Heavy Industries Ltd.

     2,600        103,137  

Mitsubishi Logistics Corp.

     2,300        52,817  

Mitsubishi UFJ Financial Group, Inc.

     185,700        1,251,183  

Mitsuboshi Belting Ltd.

     1,400        36,288  

Mitsui & Co. Ltd.

     29,700        867,286  

Mitsui Chemicals, Inc.

     2,300        51,859  

Mitsui Fudosan Co. Ltd.

     5,900        108,078  

Mitsui OSK Lines Ltd.(a)

     17,700        441,343  

MIXI, Inc.

     2,400        44,855  

Miyazaki Bank Ltd.

     1,100        20,659  

Mizuho Financial Group, Inc.

     33,350        469,117  

Mizuho Medy Co. Ltd.(a)

     300        8,526  

MS&AD Insurance Group Holdings, Inc.

     9,800        313,731  

Murata Manufacturing Co. Ltd.

     3,900        194,727  

NEC Corp.

     1,100        38,641  

NGK Insulators Ltd.

     4,400        55,957  

NGK Spark Plug Co. Ltd.

     5,000        92,425  

NH Foods Ltd.

     3,500        97,484  

NHK Spring Co. Ltd.

     3,800        24,365  

Nichias Corp.

     3,600        64,445  

Nihon Parkerizing Co. Ltd.

     20,100        142,891  

Nikon Corp.

     3,600        32,086  

Nintendo Co. Ltd.

     13,900        582,779  

Nippn Corp.

     12,800        157,156  

Nippon Carbon Co. Ltd.(a)

     2,400        76,486  

Nippon Electric Glass Co. Ltd.(a)

     2,300        40,859  

Nippon Express Holdings, Inc.(a)

     1,200      68,574  

Nippon Gas Co. Ltd.

     2,800        44,182  

Nippon Kayaku Co. Ltd.

     5,200        44,928  

Nippon Sanso Holdings Corp.

     2,800        40,659  

Nippon Shinyaku Co. Ltd.

     500        28,345  

Nippon Shokubai Co. Ltd.

     1,100        44,018  

Nippon Steel Corp.

     26,000        451,643  

Nippon Steel Trading Corp.

     1,300        91,038  

Nippon Telegraph & Telephone Corp.

     50,200        1,431,296  

Nippon Yusen KK(a)

     26,700        629,330  

Nishimatsu Construction Co. Ltd.

     1,400        41,540  

Nissan Chemical Corp.

     1,100        48,187  

Nissan Motor Co. Ltd.

     19,500        61,791  

Nisshin Seifun Group, Inc.

     3,900        48,859  

Nisshinbo Holdings, Inc.

     3,300        24,360  

Nissin Foods Holdings Co. Ltd.

     500        39,486  

Nitta Corp.

     5,700        120,873  

Nitto Denko Corp.

     1,700        98,564  

Noevir Holdings Co. Ltd.

     3,000        131,646  

NOF Corp.

     900        36,015  

NOK Corp.

     4,800        42,709  

Nomura Holdings, Inc.

     47,400        175,525  

Nomura Real Estate Holdings, Inc.

     3,300        70,779  

Nomura Research Institute Ltd.

     2,300        54,299  

NSD Co. Ltd.

     9,300        160,985  

NSK Ltd.

     11,500        61,097  

NTT Data Corp.

     4,300        62,963  

Obayashi Corp.

     13,800        104,380  

Obic Co. Ltd.

     800        117,685  

Oji Holdings Corp.

     11,800        47,488  

Okinawa Cellular Telephone Co.

     5,400        118,931  

Okumura Corp.

     1,200        27,148  

Olympus Corp.

     2,700        48,129  

Ono Pharmaceutical Co. Ltd.

     7,000        163,561  

Open House Group Co. Ltd.

     1,300        47,489  

Oracle Corp.

     900        58,115  

Osaka Gas Co. Ltd.

     2,900        46,815  

Otsuka Corp.(a)

     1,400        44,087  

Otsuka Holdings Co. Ltd.

     3,500        114,195  

Panasonic Holdings Corp.

     25,300        212,935  

Persol Holdings Co. Ltd.

     1,600        34,293  

Pola Orbis Holdings, Inc.(a)

     2,700        38,061  

Prima Meat Packers Ltd.

     10,300        171,660  

Recruit Holdings Co. Ltd.

     2,200        69,646  

Resona Holdings, Inc.

     29,200        160,047  

Ricoh Co. Ltd.

     6,000        45,792  

Rohm Co. Ltd.

     700        50,559  

Ryohin Keikaku Co. Ltd.

     3,800        45,101  

Sangetsu Corp.

     6,100        99,305  

Sanki Engineering Co. Ltd.

     13,000        152,617  

Sanshin Electronics Co. Ltd.(a)

     1,200        21,809  

Santen Pharmaceutical Co. Ltd.

     10,000        81,398  

Sanwa Holdings Corp.

     5,200        48,120  

SBI Holdings, Inc.

     9,500        181,223  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

SCREEN Holdings Co. Ltd.(a)

     700      $ 44,882  

Scroll Corp.

     3,000        16,211  

SCSK Corp.

     2,600        39,430  

Secom Co. Ltd.

     1,100        62,885  

Sega Sammy Holdings, Inc.

     3,200        48,432  

Seiko Epson Corp.

     4,500        65,686  

Sekisui Chemical Co. Ltd.

     4,300        60,127  

Sekisui House Ltd.

     9,600        169,780  

Senshu Ikeda Holdings, Inc.

     11,200        21,476  

Seven & I Holdings Co. Ltd.

     4,600        197,325  

Seven Bank Ltd.(a)

     20,600        40,905  

SG Holdings Co. Ltd.

     5,700        79,056  

Sharp Corp.(a)

     13,200        94,539  

Shimadzu Corp.

     1,200        34,060  

Shimamura Co. Ltd.

     500        49,642  

Shimano, Inc.(a)

     400        63,420  

Shin-Etsu Chemical Co. Ltd.

     3,600        442,684  

Shinko Electric Industries Co. Ltd.

     1,000        25,693  

Shinnihon Corp.(a)

     9,400        53,075  

Shionogi & Co. Ltd.

     1,800        89,847  

Shiseido Co. Ltd.(a)

     1,100        53,947  

Showa Denko KK(a)

     2,200        33,681  

SKY Perfect JSAT Holdings, Inc.

     9,600        35,287  

SMC Corp.

     300        126,371  

SoftBank Corp.

     132,600        1,495,387  

Sojitz Corp.

     4,780        91,039  

Sompo Holdings, Inc.

     5,400        239,827  

Square Enix Holdings Co. Ltd.

     1,600        74,334  

Stanley Electric Co. Ltd.

     1,600        30,667  

Subaru Corp.

     5,400        82,978  

SUMCO Corp.(a)

     3,700        49,270  

Sumitomo Bakelite Co. Ltd.

     900        26,704  

Sumitomo Chemical Co. Ltd.

     26,400        94,840  

Sumitomo Corp.

     34,400        572,529  

Sumitomo Electric Industries Ltd.

     8,700        99,202  

Sumitomo Forestry Co. Ltd.(a)

     5,300        93,713  

Sumitomo Heavy Industries Ltd.(a)

     2,300        46,089  

Sumitomo Metal Mining Co. Ltd.

     5,800        205,326  

Sumitomo Mitsui Financial Group, Inc.

     20,600        826,842  

Sumitomo Mitsui Trust Holdings, Inc.

     4,400        152,997  

Sumitomo Pharma Co. Ltd.

     3,200        24,228  

Sumitomo Realty & Development Co. Ltd.

     1,900        44,942  

Sumitomo Rubber Industries Ltd.(a)

     3,000        26,193  

Suncall Corp.(a)

     2,400        11,605  

Sundrug Co. Ltd.

     3,600        106,817  

Suntory Beverage & Food Ltd.

     1,600        54,568  

Suzuki Motor Corp.

     3,000        97,109  

T&D Holdings, Inc.

     9,800        141,268  

Taiheiyo Cement Corp.

     1,800        28,062  

Taisei Corp.

     1,600        51,537  

Taiyo Yuden Co. Ltd.

     1,300        37,735  

Takara Holdings, Inc.

     15,600        123,551  

Takeda Pharmaceutical Co. Ltd.

     24,200        753,998  

Tama Home Co. Ltd.

     900        17,107  

TDK Corp.

     2,200      72,280  

Teijin Ltd.

     3,200        31,237  

Terumo Corp.

     2,500        70,977  

THK Co. Ltd.(a)

     2,000        38,122  

TIS, Inc.

     2,000        52,749  

Toagosei Co. Ltd.(a)

     17,100        144,115  

Toho Co. Ltd.

     800        30,801  

Toho Gas Co. Ltd.

     1,500        28,614  

TOKAI Holdings Corp.

     100        651  

Tokai Tokyo Financial Holdings, Inc.

     57,300        153,298  

Tokio Marine Holdings, Inc.

     39,300        842,175  

Tokyo Electron Device Ltd.(a)

     300        15,165  

Tokyo Electron Ltd.

     1,700        500,936  

Tokyo Gas Co. Ltd.

     4,400        86,203  

Tokyo Ohka Kogyo Co. Ltd.

     700        31,778  

Tokyo Seimitsu Co. Ltd.

     1,300        42,071  

Tokyo Tatemono Co. Ltd.

     4,100        49,687  

Tokyu Fudosan Holdings Corp.

     12,100        57,591  

Toray Industries, Inc.

     13,700        76,482  

Toshiba Corp.

     2,800        97,680  

Tosoh Corp.

     10,600        126,128  

TOTO Ltd.

     1,200        40,926  

Toyo Seikan Group Holdings Ltd.

     4,600        56,548  

Toyo Tire Corp.(a)

     2,100        23,826  

Toyota Motor Corp.

     146,370        2,010,653  

Toyota Tsusho Corp.

     3,300        122,176  

Transcosmos, Inc.

     2,000        49,339  

Trend Micro, Inc.(a)

     1,800        83,762  

Tsubakimoto Chain Co.

     5,400        122,042  

UBE Corp.(a)

     2,800        41,126  

Unicharm Corp.

     2,000        76,820  

USS Co. Ltd.

     4,300        68,275  

V Technology Co. Ltd.

     800        15,267  

West Japan Railway Co.

     1,500        65,129  

Yakult Honsha Co. Ltd.

     1,000        64,876  

YAMABIKO Corp.(a)

     2,400        19,990  

Yamada Holdings Co. Ltd.

     14,600        51,675  

Yamaha Motor Co. Ltd.(a)

     4,100        93,531  

Yamanashi Chuo Bank Ltd.

     3,400        28,603  

Yamato Holdings Co. Ltd.

     3,400        53,778  

Yaskawa Electric Corp.

     1,900        60,840  

Yokogawa Electric Corp.

     1,700        27,121  

Yokohama Rubber Co. Ltd.(a)

     2,300        35,874  

Yokorei Co. Ltd.

     17,100        138,801  

ZOZO, Inc.

     2,400        59,297  
     

 

 

 
Total Japan

 

     42,720,255  
Netherlands – 2.0%

 

Aalberts NV

     2,299        88,894  

Aegon NV

     30,931        156,407  

Arcadis NV

     935        36,622  

ASM International NV

     198        49,796  

ASML Holding NV

     1,315        707,050  

ASR Nederland NV

     3,833        181,426  

BE Semiconductor Industries NV

     1,438        86,803  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

CTP NV(b)

     5,832      $ 68,715  

Euronext NV(b)

     849        62,665  

Heineken Holding NV

     1,668        128,261  

Heineken NV

     3,990        374,222  

IMCD NV

     322        45,758  

JDE Peet’s NV

     4,008        115,579  

Koninklijke Ahold Delhaize NV

     10,245        293,468  

Koninklijke DSM NV

     1,102        134,429  

Koninklijke KPN NV

     91,983        283,708  

Koninklijke Vopak NV

     2,234        66,163  

NN Group NV

     5,259        214,179  

OCI NV

     10,323        368,195  

Ordina NV

     6,263        25,901  

Randstad NV(a)

     5,351        325,290  

SBM Offshore NV

     3,819        59,752  

Signify NV(b)

     1,822        61,019  

Universal Music Group NV(a)

     11,843        284,514  

Wolters Kluwer NV

     1,775        185,193  
     

 

 

 
Total Netherlands

 

     4,404,009  
Norway – 2.1%

 

ABG Sundal Collier Holding ASA

     20,529        11,733  

AF Gruppen ASA

     5,392        78,710  

Aker ASA, Class A

     1,052        76,836  

Aker BP ASA

     11,714        361,611  

Bouvet ASA

     5,226        31,830  

DNB Bank ASA

     36,421        718,918  

DNO ASA

     7,200        8,632  

Entra ASA(b)

     5,725        61,487  

Equinor ASA

     32,923        1,175,750  

Europris ASA(b)

     1,792        12,488  

Gjensidige Forsikring ASA

     8,255        161,061  

Kid ASA(b)

     3,296        24,224  

Kongsberg Gruppen ASA

     1,950        82,268  

Leroy Seafood Group ASA

     5,805        32,499  

Mowi ASA

     5,688        96,542  

MPC Container Ships ASA*

     28,803        47,513  

Norsk Hydro ASA

     32,157        239,341  

Orkla ASA

     11,732        84,486  

Salmar ASA

     2,501        97,694  

SpareBank 1 SMN

     9,577        123,856  

SpareBank 1 SR-Bank ASA

     8,852        108,460  

Storebrand ASA

     5,525        47,897  

Telenor ASA

     62,276        579,076  

TGS ASA

     760        10,184  

Wallenius Wilhelmsen ASA

     5,279        52,007  

Yara International ASA

     4,830        211,125  
     

 

 

 
Total Norway

 

     4,536,228  
Portugal – 0.4%

 

EDP – Energias de Portugal SA

     51,851        257,654  

Galp Energia SGPS SA

     13,673        184,011  

Jeronimo Martins SGPS SA

     9,442        203,353  

Navigator Co. SA

     19,116        70,467  

NOS SGPS SA

     18,318        73,977  

REN – Redes Energeticas Nacionais SGPS SA

     9,088      24,442  

Sonae SGPS SA

     51,850        51,740  
     

 

 

 
Total Portugal

 

     865,644  
Singapore – 3.1%

 

BOC Aviation Ltd.(b)

     10,200        85,142  

CapitaLand Ascendas REIT

     107,800        220,230  

CapitaLand Ascott Trust

     87,300        68,346  

CapitaLand Integrated Commercial Trust

     168,800        256,749  

CapitaLand Investment Ltd.

     91,400        252,147  

City Developments Ltd.

     15,400        94,499  

ComfortDelGro Corp. Ltd.

     31,300        28,705  

DBS Group Holdings Ltd.

     49,463        1,250,958  

Frasers Centrepoint Trust

     33,200        51,983  

Frasers Logistics & Commercial Trust

     144,600        125,064  

Genting Singapore Ltd.

     126,300        89,932  

Hour Glass Ltd.

     29,000        44,110  

Jardine Cycle & Carriage Ltd.(a)

     8,100        172,726  

Kenon Holdings Ltd.

     2,049        67,710  

Keppel Corp. Ltd.

     34,000        184,044  

Keppel DC REIT

     50,000        65,986  

Keppel Infrastructure Trust

     130,200        52,422  

Keppel REIT

     120,800        81,963  

Mapletree Industrial Trust

     77,600        128,446  

Mapletree Logistics Trust(a)

     86,300        102,309  

Mapletree Pan Asia Commercial Trust

     93,800        116,796  

NetLink NBN Trust

     95,200        58,914  

Olam Group Ltd.

     77,800        84,691  

OUE Commercial Real Estate Investment Trust

     213,100        53,227  

Oversea-Chinese Banking Corp. Ltd.

     95,701        869,101  

Parkway Life Real Estate Investment Trust

     16,300        45,696  

Propnex Ltd.

     16,000        18,252  

Sembcorp Industries Ltd.

     32,100        80,896  

Sheng Siong Group Ltd.

     46,600        57,329  

Singapore Exchange Ltd.

     16,900        112,776  

Singapore Technologies Engineering Ltd.

     43,800        109,402  

Singapore Telecommunications Ltd.

     281,200        538,834  

SPH REIT

     128,600        86,296  

StarHub Ltd.

     78,600        60,948  

Suntec Real Estate Investment Trust

     89,600        92,192  

United Overseas Bank Ltd.

     33,628        769,743  

UOL Group Ltd.

     11,000        55,115  

Venture Corp. Ltd.

     3,400        43,248  
     

 

 

 
Total Singapore

 

     6,676,927  
Spain – 3.7%

 

Acciona SA

     623        114,296  

Acerinox SA

     7,784        76,778  

ACS Actividades de Construccion y Servicios SA(a)

     10,704        305,816  

Atresmedia Corp. de Medios de Comunicacion SA(a)

     22,017        75,004  

Banco Bilbao Vizcaya Argentaria SA

     105,801        636,169  

Banco de Sabadell SA

     75,638        71,102  

Banco Santander SA

     204,970        613,058  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

Bankinter SA(a)

     17,542      $ 117,348  

CaixaBank SA

     104,393        409,110  

Cia de Distribucion Integral Logista Holdings SA

     5,230        131,728  

Cie Automotive SA

     1,351        34,691  

Corp. ACCIONA Energias Renovables SA

     1,073        41,386  

EDP Renovaveis SA

     1,860        40,853  

Enagas SA(a)

     7,914        131,127  

Endesa SA

     45,263        851,892  

Ferrovial SA

     5,734        149,747  

Fluidra SA(a)

     4,290        66,480  

Fomento de Construcciones y Contratas SA

     7,295        68,669  

Grupo Catalana Occidente SA

     2,805        88,462  

Iberdrola SA

     82,770        965,515  

Industria de Diseno Textil SA

     36,661        972,292  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     38,442        42,340  

Mapfre SA(a)

     34,961        67,535  

Merlin Properties Socimi SA

     24,411        228,612  

Naturgy Energy Group SA

     20,687        536,721  

Neinor Homes SA(b)

     2,495        21,782  

Prosegur Cash SA(a)(b)

     37,981        24,240  

Prosegur Cia de Seguridad SA

     17,668        33,432  

Red Electrica Corp. SA(a)

     8,140        141,257  

Repsol SA

     23,641        374,678  

Sacyr SA(a)

     18,412        51,091  

Telefonica SA

     159,116        574,829  

Viscofan SA(a)

     910        58,466  
     

 

 

 
Total Spain

 

     8,116,506  
Sweden – 2.5%

 

AAK AB

     1,940        33,114  

AFRY AB

     6,057        99,347  

Alfa Laval AB

     2,807        81,116  

Assa Abloy AB, Class B

     5,266        113,058  

Atlas Copco AB, Class A

     18,258        215,707  

Atlas Copco AB, Class B

     7,591        80,941  

Atrium Ljungberg AB, Class B

     2,239        36,724  

Avanza Bank Holding AB(a)

     2,737        58,735  

Axfood AB

     3,306        90,713  

Billerud AB

     3,866        47,159  

Boliden AB*

     3,895        146,256  

Castellum AB(a)

     6,468        78,371  

Clas Ohlson AB, Class B(a)

     3,037        20,986  

Dios Fastigheter AB

     4,254        30,804  

Dometic Group AB(b)

     7,085        45,749  

Elekta AB, Class B

     5,558        33,499  

Epiroc AB, Class A

     5,975        108,868  

EQT AB(a)

     3,733        79,034  

Essity AB, Class B

     5,627        147,594  

Evolution AB(b)

     907        88,389  

FastPartner AB, Class A

     291        1,991  

Hexagon AB, Class B

     6,936        72,559  

Hexpol AB

     6,038        64,381  

Holmen AB, Class B

     932        37,022  

Hufvudstaden AB, Class A

     2,690        38,287  

Husqvarna AB, Class B

     12,124      85,082  

Industrivarden AB, Class A

     3,120        75,908  

Industrivarden AB, Class C(a)

     1,765        42,857  

Indutrade AB

     2,366        47,935  

Investment AB Latour, Class B

     4,007        75,798  

JM AB

     1,759        29,054  

L E Lundbergforetagen AB, Class B

     750        31,967  

Lifco AB, Class B

     5,754        96,171  

Loomis AB

     1,260        34,585  

Nordic Paper Holding AB

     7,615        24,118  

Nordnet AB publ

     4,664        67,569  

Saab AB, Class B

     152        5,991  

Sandvik AB

     7,656        138,432  

Securitas AB, Class B

     5,010        41,813  

Skandinaviska Enskilda Banken AB, Class A

     26,898        309,652  

Skandinaviska Enskilda Banken AB, Class C

     3,486        41,553  

SKF AB, Class B

     5,310        81,106  

SSAB AB, Class A

     12,835        70,140  

SSAB AB, Class B

     34,224        178,026  

Svenska Cellulosa AB SCA, Class B

     3,858        48,857  

Svenska Handelsbanken AB, Class A

     27,317        275,543  

Sweco AB, Class B

     4,493        43,056  

Swedbank AB, Class A

     27,398        466,209  

Tele2 AB, Class B

     13,253        108,242  

Telefonaktiebolaget LM Ericsson, Class B

     43,148        252,192  

Telia Co. AB

     126,029        322,466  

Thule Group AB(b)

     4,054        84,702  

Trelleborg AB, Class B

     2,230        51,536  

Volvo AB, Class A

     4,908        93,313  

Volvo AB, Class B

     14,863        268,859  

Wihlborgs Fastigheter AB

     8,078        60,859  
     

 

 

 
Total Sweden               5,403,995  
Switzerland – 9.3%      

ABB Ltd., Registered Shares

     18,280        554,406  

Alcon, Inc.

     455        31,071  

Allreal Holding AG, Registered Shares

     405        65,837  

Baloise Holding AG, Registered Shares

     1,111        171,357  

Banque Cantonale Vaudoise, Registered Shares

     1,701        163,169  

BKW AG

     478        65,356  

Cembra Money Bank AG

     540        44,883  

Cie Financiere Richemont SA, Class A, Registered Shares

     3,578        463,686  

Clariant AG, Registered Shares*

     2,552        40,409  

Coca-Cola HBC AG*

     3,437        81,571  

DKSH Holding AG

     1,149        87,181  

EFG International AG*

     6,773        64,641  

Galenica AG(b)

     925        75,534  

Geberit AG, Registered Shares

     313        147,332  

Georg Fischer AG, Registered Shares

     884        54,080  

Givaudan SA, Registered Shares

     50        153,102  

Helvetia Holding AG, Registered Shares

     1,663        193,765  

Holcim AG, Registered Shares*

     9,437        488,374  

Julius Baer Group Ltd.

     4,058        236,234  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

Kuehne + Nagel International AG, Registered Shares

     1,764      $ 410,304  

Logitech International SA, Registered Shares

     936        57,726  

Lonza Group AG, Registered Shares

     162        79,337  

Mobilezone Holding AG, Registered Shares

     3,249        53,799  

Nestle SA, Registered Shares

     32,376        3,749,205  

Novartis AG, Registered Shares

     43,417        3,922,641  

OC Oerlikon Corp. AG, Registered Shares

     9,956        65,211  

Partners Group Holding AG

     289        255,140  

PSP Swiss Property AG, Registered Shares

     664        77,869  

Roche Holding AG

     8,944        2,808,292  

Roche Holding AG, Bearer Shares

     1,182        457,878  

Schindler Holding AG, Participation Certificate

     646        121,422  

Schindler Holding AG, Registered Shares

     278        50,119  

SFS Group AG

     471        44,544  

SGS SA, Registered Shares

     127        295,125  

SIG Group AG*

     3,849        84,036  

Sika AG, Registered Shares

     598        143,295  

Sonova Holding AG, Registered Shares

     318        75,375  

Stadler Rail AG

     1,041        36,905  

STMicroelectronics NV

     2,879        101,381  

Straumann Holding AG, Registered Shares

     574        65,515  

Sulzer AG, Registered Shares

     915        71,206  

Swatch Group AG, Bearer Shares

     264        75,045  

Swatch Group AG, Registered Shares

     1,011        52,495  

Swiss Life Holding AG, Registered Shares

     514        264,889  

Swiss Prime Site AG, Registered Shares

     1,025        88,796  

Swiss Re AG

     7,678        717,676  

Swisscom AG, Registered Shares

     1,103        603,956  

Temenos AG, Registered Shares

     349        19,140  

UBS Group AG, Registered Shares

     33,532        623,560  

VAT Group AG(b)

     308        84,157  

Vontobel Holding AG, Registered Shares

     795        52,673  

Zurich Insurance Group AG

     3,336        1,594,804  
     

 

 

 
Total Switzerland

 

     20,385,504  
United Kingdom – 12.8%

 

Airtel Africa PLC(b)

     60,248        81,024  

Anglo American PLC

     32,547        1,267,116  

Ashtead Group PLC, Class B

     2,371        134,618  

Associated British Foods PLC

     7,425        140,761  

Assura PLC

     58,843        38,612  

AstraZeneca PLC

     12,000        1,619,296  

Auto Trader Group PLC(b)

     4,678        29,014  

Aviva PLC

     47,039        250,551  

BAE Systems PLC

     31,303        322,322  

Balfour Beatty PLC

     13,042        52,963  

Barclays PLC

     216,737        413,282  

Beazley PLC

     6,609        54,020  

Bodycote PLC

     15,610        106,749  

BP PLC

     267,478        1,527,988  

Bridgepoint Group PLC(b)(c)

     13,655        31,307  

British American Tobacco PLC

     47,099        1,859,147  

British Land Co. PLC

     11,585        55,060  

Britvic PLC

     8,995        84,072  

BT Group PLC

     188,840      254,528  

Bunzl PLC

     3,019        100,195  

Burberry Group PLC

     3,160        77,164  

Close Brothers Group PLC

     4,344        54,710  

CNH Industrial NV

     8,116        129,624  

Compass Group PLC

     8,382        193,336  

ConvaTec Group PLC(b)

     18,334        51,298  

Cranswick PLC

     1,439        53,279  

Croda International PLC

     763        60,612  

DCC PLC

     747        36,662  

Derwent London PLC

     2,797        79,672  

Diageo PLC

     21,584        947,664  

Diploma PLC

     1,154        38,535  

Diversified Energy Co. PLC

     41,905        58,674  

Drax Group PLC

     7,995        67,609  

DS Smith PLC

     19,083        73,800  

Dunelm Group PLC

     4,681        55,125  

FDM Group Holdings PLC

     2,958        26,651  

Fresnillo PLC

     7,538        81,770  

Games Workshop Group PLC

     802        82,629  

Grainger PLC

     8,830        26,766  

Greggs PLC

     1,704        48,087  

H&T Group PLC

     3,365        19,429  

Halma PLC

     1,400        33,243  

Harbour Energy PLC

     15,635        57,250  

Hargreaves Lansdown PLC

     6,597        67,944  

Howden Joinery Group PLC

     16,574        111,965  

HSBC Holdings PLC

     478,134        2,966,036  

Hunting PLC

     4,759        19,063  

IMI PLC

     3,053        47,301  

Imperial Brands PLC

     31,634        788,068  

Inchcape PLC

     6,279        61,935  

InterContinental Hotels Group PLC

     2,126        121,321  

Intertek Group PLC

     930        45,128  

Investec PLC

     15,300        94,120  

ITV PLC

     104,325        94,320  

J. Sainsbury PLC

     38,528        100,894  

Kingfisher PLC

     32,192        91,427  

Land Securities Group PLC

     13,541        101,217  

Legal & General Group PLC

     135,156        405,635  

Lloyds Banking Group PLC

     1,032,310        563,886  

London Stock Exchange Group PLC

     2,211        189,790  

Londonmetric Property PLC

     38,518        79,832  

Micro Focus International PLC

     6,394        40,718  

Mondi PLC

     6,278        106,443  

National Grid PLC

     89,263        1,070,953  

Next PLC

     1,686        117,751  

OSB Group PLC

     15,326        88,454  

Pagegroup PLC

     13,371        74,179  

Pan African Resources PLC

     58,221        11,584  

Pearson PLC

     6,153        69,514  

Pennon Group PLC

     6,185        66,104  

Primary Health Properties PLC

     37,041        49,369  

Prudential PLC

     18,419        249,811  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

 

 

Investments    Shares      Value  

Quilter PLC(b)

     48,897      $ 54,654  

Reckitt Benckiser Group PLC

     9,542        660,449  

RELX PLC

     19,163        527,411  

Rentokil Initial PLC

     10,082        61,608  

Rightmove PLC

     6,488        39,912  

RS Group PLC

     5,180        55,799  

Safestore Holdings PLC

     4,295        48,823  

Sage Group PLC

     8,024        71,966  

Savills PLC

     2,292        22,759  

Schroders PLC

     14,350        75,261  

Segro PLC

     7,898        72,546  

Serco Group PLC

     14,567        27,230  

Severn Trent PLC

     2,615        83,389  

Shell PLC

     128,820        3,604,315  

Smith & Nephew PLC

     7,778        103,807  

Smiths Group PLC

     4,168        80,144  

Spectris PLC

     1,229        44,381  

Spirax-Sarco Engineering PLC

     359        45,840  

SSE PLC

     17,528        360,966  

St. James’s Place PLC

     7,846        103,346  

Standard Chartered PLC

     20,421        152,889  

TBC Bank Group PLC

     1,198        32,712  

Tesco PLC

     99,503        268,350  

Travis Perkins PLC

     9,704        103,819  

Tritax Big Box REIT PLC

     43,755        72,949  

Unilever PLC

     29,511        1,484,560  

Unite Group PLC

     7,397        80,970  

United Utilities Group PLC

     8,960        106,853  

Vesuvius PLC

     15,972        77,658  

Victrex PLC

     1,481        28,450  

Vodafone Group PLC

     709,955        719,414  

Weir Group PLC

     2,836        56,937  

Whitbread PLC

     2,593        80,161  
     

 

 

 
Total United Kingdom

 

     28,081,304  
United States – 1.1%

 

GSK PLC

     77,178      1,334,631  

Stellantis NV

     74,122        1,049,271  
     

 

 

 
Total United States

 

     2,383,902  

TOTAL COMMON STOCKS

(Cost: $205,431,503)

 

 

     220,431,809  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.0%

 

United States – 4.0%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(d)

 

  
(Cost: $8,776,952)      8,776,952        8,776,952  

TOTAL INVESTMENTS IN SECURITIES – 104.7%

(Cost: $214,208,455)

 

 

     229,208,761  

Other Assets less Liabilities – (4.7)%

 

     (10,318,820
     

 

 

 
NET ASSETS – 100.0%

 

   $ 218,889,941  

 

*

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $15,410,764. The Fund also had securities on loan having a total market value of $17,323 that were sold and pending settlement. The total market value of the collateral held by the Fund was $16,322,330. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $7,545,378.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    1/5/2023       448,198       USD       668,227       AUD     $     $ (4,979

Bank of America NA

    1/5/2023       5,228,975       USD       7,796,109       AUD             (58,172

Bank of America NA

    1/5/2023       5,228,975       USD       7,796,086       AUD             (58,157

Bank of America NA

    1/5/2023       5,228,975       USD       7,795,946       AUD             (58,062

Bank of America NA

    1/5/2023       5,228,973       USD       7,795,885       AUD             (58,023

Bank of America NA

    1/5/2023       448,198       USD       650,802       AUD       6,839        

Bank of America NA

    1/5/2023       298,799       USD       447,095       AUD             (4,411

Bank of America NA

    1/5/2023       267,496       USD       253,685       CHF             (6,728

Bank of America NA

    1/5/2023       3,120,788       USD       2,959,627       CHF             (78,460

Bank of America NA

    1/5/2023       3,120,788       USD       2,959,599       CHF             (78,430

Bank of America NA

    1/5/2023       3,120,788       USD       2,959,568       CHF             (78,396

Bank of America NA

    1/5/2023       3,120,787       USD       2,959,626       CHF             (78,460

Bank of America NA

    1/5/2023       267,496       USD       247,062       CHF       431        

Bank of America NA

    1/5/2023       178,331       USD       165,918       CHF             (1,020

Bank of America NA

    1/5/2023       178,331       USD       166,269       CHF             (1,400

Bank of America NA

    1/5/2023       36,969       USD       266,256       DKK             (1,246

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    1/5/2023       431,306       USD       3,106,321       DKK     $     $ (14,537

Bank of America NA

    1/5/2023       431,306       USD       3,105,995       DKK             (14,490

Bank of America NA

    1/5/2023       431,306       USD       3,106,192       DKK             (14,518

Bank of America NA

    1/5/2023       431,304       USD       3,106,101       DKK             (14,507

Bank of America NA

    1/5/2023       36,969       USD       257,983       DKK             (59

Bank of America NA

    1/5/2023       24,646       USD       172,427       DKK             (102

Bank of America NA

    1/5/2023       908,520       USD       879,750       EUR             (30,459

Bank of America NA

    1/5/2023       10,599,399       USD       10,263,625       EUR             (355,229

Bank of America NA

    1/5/2023       10,599,399       USD       10,263,803       EUR             (355,420

Bank of America NA

    1/5/2023       10,599,399       USD       10,263,634       EUR             (355,240

Bank of America NA

    1/5/2023       10,599,397       USD       10,263,672       EUR             (355,282

Bank of America NA

    1/5/2023       908,520       USD       852,270       EUR             (1,130

Bank of America NA

    1/5/2023       605,680       USD       569,721       EUR             (2,398

Bank of America NA

    1/5/2023       442,291       USD       370,900       GBP             (3,876

Bank of America NA

    1/5/2023       5,160,058       USD       4,327,169       GBP             (45,233

Bank of America NA

    1/5/2023       5,160,058       USD       4,327,220       GBP             (45,294

Bank of America NA

    1/5/2023       5,160,058       USD       4,327,136       GBP             (45,194

Bank of America NA

    1/5/2023       5,160,057       USD       4,327,266       GBP             (45,351

Bank of America NA

    1/5/2023       442,291       USD       356,457       GBP       13,497        

Bank of America NA

    1/5/2023       294,861       USD       242,512       GBP       3,136        

Bank of America NA

    1/5/2023       20,490       USD       70,588       ILS       484        

Bank of America NA

    1/5/2023       239,058       USD       823,562       ILS       5,648        

Bank of America NA

    1/5/2023       239,058       USD       823,548       ILS       5,652        

Bank of America NA

    1/5/2023       239,058       USD       823,618       ILS       5,632        

Bank of America NA

    1/5/2023       239,058       USD       823,499       ILS       5,666        

Bank of America NA

    1/5/2023       20,490       USD       69,626       ILS       757        

Bank of America NA

    1/5/2023       13,660       USD       47,273       ILS       262        

Bank of America NA

    1/5/2023       13,660       USD       47,820       ILS       107        

Bank of America NA

    1/5/2023       77,852       USD       775,308       NOK             (855

Bank of America NA

    1/5/2023       908,270       USD       9,045,053       NOK             (9,956

Bank of America NA

    1/5/2023       908,270       USD       9,045,163       NOK             (9,967

Bank of America NA

    1/5/2023       908,270       USD       9,045,052       NOK             (9,956

Bank of America NA

    1/5/2023       908,271       USD       9,045,133       NOK             (9,963

Bank of America NA

    1/5/2023       77,852       USD       759,512       NOK       749        

Bank of America NA

    1/5/2023       51,901       USD       513,917       NOK             (270

Bank of America NA

    1/5/2023       51,901       USD       512,705       NOK             (147

Bank of America NA

    1/5/2023       84,668       USD       900,561       SEK             (1,768

Bank of America NA

    1/5/2023       987,799       USD       10,506,434       SEK             (20,606

Bank of America NA

    1/5/2023       987,799       USD       10,505,563       SEK             (20,522

Bank of America NA

    1/5/2023       987,799       USD       10,506,438       SEK             (20,606

Bank of America NA

    1/5/2023       987,800       USD       10,506,510       SEK             (20,612

Bank of America NA

    1/5/2023       84,668       USD       862,568       SEK       1,879        

Bank of America NA

    1/5/2023       56,445       USD       585,803       SEK       220        

Bank of America NA

    1/5/2023       68,044       USD       93,232       SGD             (1,472

Bank of America NA

    1/5/2023       793,842       USD       1,087,653       SGD             (17,138

Bank of America NA

    1/5/2023       793,842       USD       1,087,664       SGD             (17,146

Bank of America NA

    1/5/2023       793,842       USD       1,087,651       SGD             (17,136

Bank of America NA

    1/5/2023       793,842       USD       1,087,654       SGD             (17,139

Bank of America NA

    1/5/2023       68,044       USD       91,560       SGD             (225

Bank of America NA

    1/5/2023       45,362       USD       61,617       SGD             (581

Bank of America NA

    1/6/2023       574,665       USD       79,815,451       JPY             (30,332

Bank of America NA

    1/6/2023       6,704,423       USD       931,164,572       JPY             (353,753

Bank of America NA

    1/6/2023       6,704,424       USD       931,145,938       JPY             (353,611

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    1/6/2023       6,704,424       USD       931,203,596       JPY     $     $ (354,048

Bank of America NA

    1/6/2023       6,704,424       USD       931,137,222       JPY             (353,545

Bank of America NA

    1/6/2023       574,665       USD       77,428,867       JPY             (12,242

Bank of America NA

    1/6/2023       383,110       USD       52,230,258       JPY             (12,792

Bank of America NA

    1/6/2023       383,110       USD       50,817,204       JPY             (2,082

Citibank NA

    1/5/2023       191,499       AUD       128,356       USD       1,514        

Citibank NA

    1/5/2023       8,213,652       AUD       5,570,384       USD             (68

Citibank NA

    1/5/2023       8,213,628       AUD       5,570,384       USD             (84

Citibank NA

    1/5/2023       8,213,677       AUD       5,570,384       USD             (52

Citibank NA

    1/5/2023       8,213,677       AUD       5,570,384       USD             (52

Citibank NA

    1/5/2023       71,424       CHF       76,606       USD       601        

Citibank NA

    1/5/2023       3,075,501       CHF       3,324,550       USD             (46

Citibank NA

    1/5/2023       3,075,511       CHF       3,324,550       USD             (35

Citibank NA

    1/5/2023       3,075,470       CHF       3,324,549       USD             (79

Citibank NA

    1/5/2023       3,075,505       CHF       3,324,550       USD             (43

Citibank NA

    1/5/2023       74,102       DKK       10,587       USD       49        

Citibank NA

    1/5/2023       3,200,769       DKK       459,466       USD             (67

Citibank NA

    1/5/2023       3,200,864       DKK       459,467       USD             (55

Citibank NA

    1/5/2023       3,200,952       DKK       459,466       USD             (41

Citibank NA

    1/5/2023       3,200,948       DKK       459,466       USD             (42

Citibank NA

    1/5/2023       244,915       EUR       260,183       USD       1,221        

Citibank NA

    1/5/2023       10,578,306       EUR       11,291,453       USD             (957

Citibank NA

    1/5/2023       10,578,365       EUR       11,291,453       USD             (894

Citibank NA

    1/5/2023       10,578,295       EUR       11,291,452       USD             (968

Citibank NA

    1/5/2023       10,578,306       EUR       11,291,453       USD             (957

Citibank NA

    1/5/2023       104,995       GBP       126,664       USD             (362

Citibank NA

    1/5/2023       4,569,546       GBP       5,496,967       USD             (113

Citibank NA

    1/5/2023       4,569,588       GBP       5,496,968       USD             (63

Citibank NA

    1/5/2023       4,569,566       GBP       5,496,968       USD             (90

Citibank NA

    1/5/2023       4,569,592       GBP       5,496,968       USD             (58

Citibank NA

    1/5/2023       20,539       ILS       5,868       USD             (47

Citibank NA

    1/5/2023       898,531       ILS       254,666       USD             (9

Citibank NA

    1/5/2023       898,453       ILS       254,666       USD             (31

Citibank NA

    1/5/2023       898,524       ILS       254,666       USD             (11

Citibank NA

    1/5/2023       898,505       ILS       254,666       USD             (16

Citibank NA

    1/5/2023       220,240       NOK       22,295       USD       63        

Citibank NA

    1/5/2023       9,530,633       NOK       967,573       USD             (53

Citibank NA

    1/5/2023       9,530,538       NOK       967,573       USD             (62

Citibank NA

    1/5/2023       9,530,983       NOK       967,573       USD             (17

Citibank NA

    1/5/2023       9,530,625       NOK       967,573       USD             (53

Citibank NA

    1/5/2023       254,912       SEK       24,247       USD       219        

Citibank NA

    1/5/2023       10,962,847       SEK       1,052,294       USD             (83

Citibank NA

    1/5/2023       10,962,689       SEK       1,052,294       USD             (98

Citibank NA

    1/5/2023       10,962,785       SEK       1,052,294       USD             (89

Citibank NA

    1/5/2023       10,962,911       SEK       1,052,294       USD             (76

Citibank NA

    1/5/2023       26,316       SGD       19,486       USD       136        

Citibank NA

    1/5/2023       1,133,877       SGD       845,672       USD             (226

Citibank NA

    1/5/2023       1,134,135       SGD       845,674       USD             (36

Citibank NA

    1/5/2023       1,134,122       SGD       845,674       USD             (45

Citibank NA

    1/5/2023       1,134,133       SGD       845,674       USD             (38

Citibank NA

    1/6/2023       21,828,913       JPY       164,573       USD       889        

Citibank NA

    1/6/2023       942,221,228       JPY       7,142,168       USD             (183

Citibank NA

    1/6/2023       942,203,373       JPY       7,142,168       USD             (318

Citibank NA

    1/6/2023       942,228,370       JPY       7,142,168       USD             (129

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Citibank NA

    1/6/2023       942,221,092       JPY       7,142,168       USD     $     $ (184

Citibank NA

    2/3/2023       1,643,244       USD       2,420,183       AUD       18        

Citibank NA

    2/3/2023       1,643,245       USD       2,420,199       AUD       8        

Citibank NA

    2/3/2023       1,643,244       USD       2,420,251       AUD             (28

Citibank NA

    2/3/2023       1,643,244       USD       2,420,215       AUD             (4

Citibank NA

    2/3/2023       1,255,353       USD       1,157,754       CHF             (17

Citibank NA

    2/3/2023       1,255,354       USD       1,157,783       CHF             (47

Citibank NA

    2/3/2023       1,255,354       USD       1,157,788       CHF             (53

Citibank NA

    2/3/2023       1,255,354       USD       1,157,765       CHF             (28

Citibank NA

    2/3/2023       91,447       USD       635,600       DKK       23        

Citibank NA

    2/3/2023       91,449       USD       635,642       DKK       19        

Citibank NA

    2/3/2023       91,449       USD       635,633       DKK       20        

Citibank NA

    2/3/2023       91,449       USD       635,641       DKK       19        

Citibank NA

    2/3/2023       2,122,495       USD       1,984,447       EUR       375        

Citibank NA

    2/3/2023       2,122,495       USD       1,984,436       EUR       387        

Citibank NA

    2/3/2023       2,122,496       USD       1,984,426       EUR       398        

Citibank NA

    2/3/2023       2,122,495       USD       1,984,436       EUR       387        

Citibank NA

    2/3/2023       2,043,674       USD       1,697,570       GBP       35        

Citibank NA

    2/3/2023       2,043,674       USD       1,697,570       GBP       35        

Citibank NA

    2/3/2023       2,043,674       USD       1,697,590       GBP       12        

Citibank NA

    2/3/2023       2,043,674       USD       1,697,605       GBP             (7

Citibank NA

    2/3/2023       228,544       USD       805,445       ILS       1        

Citibank NA

    2/3/2023       228,546       USD       805,320       ILS       38        

Citibank NA

    2/3/2023       228,546       USD       805,297       ILS       45        

Citibank NA

    2/3/2023       228,546       USD       805,388       ILS       19        

Citibank NA

    2/3/2023       2,665,278       USD       350,340,665       JPY             (32

Citibank NA

    2/3/2023       2,665,277       USD       350,332,537       JPY       29        

Citibank NA

    2/3/2023       2,665,278       USD       350,340,665       JPY             (32

Citibank NA

    2/3/2023       2,665,278       USD       350,340,614       JPY             (32

Citibank NA

    2/3/2023       283,853       USD       2,792,615       NOK       31        

Citibank NA

    2/3/2023       283,853       USD       2,792,575       NOK       35        

Citibank NA

    2/3/2023       283,853       USD       2,792,571       NOK       35        

Citibank NA

    2/3/2023       283,853       USD       2,792,660       NOK       26        

Citibank NA

    2/3/2023       393,005       USD       4,087,470       SEK       53        

Citibank NA

    2/3/2023       393,005       USD       4,087,329       SEK       67        

Citibank NA

    2/3/2023       393,005       USD       4,087,427       SEK       57        

Citibank NA

    2/3/2023       393,005       USD       4,087,411       SEK       59        

Citibank NA

    2/3/2023       839,886       USD       1,125,814       SGD       35        

Citibank NA

    2/3/2023       839,886       USD       1,125,841       SGD       15        

Citibank NA

    2/3/2023       839,886       USD       1,125,657       SGD       152        

Citibank NA

    2/3/2023       839,886       USD       1,125,940       SGD             (59

Goldman Sachs

    1/3/2023       107,034       USD       100,000       EUR       309        

JP Morgan Chase Bank NA

    1/5/2023       298,799       USD       445,793       AUD             (3,528

JP Morgan Chase Bank NA

    1/5/2023       24,646       USD       172,513       DKK             (114

JP Morgan Chase Bank NA

    1/5/2023       605,680       USD       570,147       EUR             (2,853

JP Morgan Chase Bank NA

    1/5/2023       294,861       USD       244,426       GBP       834        

JP Morgan Chase Bank NA

    1/5/2023       56,445       USD       593,474       SEK             (516

JP Morgan Chase Bank NA

    1/5/2023       45,362       USD       61,263       SGD             (317
                                            $ 59,227     $ (3,947,330

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (concluded)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 220,431,809      $      $      $ 220,431,809  

Investment of Cash Collateral for Securities Loaned

            8,776,952               8,776,952  

Total Investments in Securities

   $ 220,431,809      $ 8,776,952      $      $ 229,208,761  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 59,227      $      $ 59,227  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (3,947,330    $      $ (3,947,330

Total – Net

   $ 220,431,809      $ 4,888,849      $      $ 225,320,658  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.8%

 

Australia – 14.7%

 

Abacus Property Group(a)

     324,268      $ 578,343  

Accent Group Ltd.

     101,420        115,547  

Adbri Ltd.(a)

     178,806        200,681  

APM Human Services International Ltd.

     51,472        83,076  

ARB Corp. Ltd.(a)

     8,209        142,903  

AUB Group Ltd.

     9,248        141,298  

Austal Ltd.

     47,403        66,864  

Australian Clinical Labs Ltd.

     132,851        268,477  

Baby Bunting Group Ltd.(a)

     34,722        63,812  

Bapcor Ltd.(a)

     44,033        192,902  

Blackmores Ltd.

     1,167        57,139  

Bravura Solutions Ltd.

     76,160        45,192  

Breville Group Ltd.(a)

     9,935        123,632  

BWP Trust(a)

     149,558        396,563  

Capitol Health Ltd.

     8,182        1,776  

Cedar Woods Properties Ltd.

     34,549        101,449  

Centuria Capital Group(a)

     200,909        232,300  

Centuria Industrial REIT(a)

     91,060        192,667  

Champion Iron Ltd.(a)

     79,961        396,389  

Charter Hall Long Wale REIT

     265,443        797,445  

Codan Ltd.(a)

     37,101        103,156  

Collins Foods Ltd.(a)

     11,945        58,243  

Costa Group Holdings Ltd.(a)

     67,605        126,077  

Cromwell Property Group(a)

     826,483        375,521  

CSR Ltd.

     173,261        553,411  

Dalrymple Bay Infrastructure Ltd.

     51,435        84,760  

Data#3 Ltd.

     16,000        73,457  

DDH1 Ltd.

     111,060        67,031  

Deterra Royalties Ltd.

     209,951        652,092  

Dicker Data Ltd.(a)

     30,003        207,331  

Domain Holdings Australia Ltd.(a)

     43,900        80,679  

Eagers Automotive Ltd.(a)

     51,498        378,919  

Elders Ltd.

     31,170        214,339  

First Resources Ltd.

     401,527        443,081  

G8 Education Ltd.(a)

     136,987        102,652  

Gold Road Resources Ltd.

     49,383        56,597  

GR Engineering Services Ltd.

     49,151        67,997  

GrainCorp Ltd., Class A

     23,154        116,508  

Growthpoint Properties Australia Ltd.

     166,278        336,029  

GUD Holdings Ltd.(a)

     28,339        145,673  

GWA Group Ltd.

     68,108        94,684  

Hansen Technologies Ltd.(a)

     22,239        77,518  

Healius Ltd.(a)

     138,876        289,129  

Helia Group Ltd.

     177,489        331,001  

HMC Capital Ltd.(a)

     31,899        92,154  

HomeCo Daily Needs REIT(a)

     492,426        429,111  

HUB24 Ltd.

     188        3,390  

Infomedia Ltd.(a)

     66,067        53,540  

Ingenia Communities Group

     51,330        155,598  

Inghams Group Ltd.

     46,668        90,513  

Insignia Financial Ltd.

     171,961        390,661  

Integral Diagnostics Ltd.(a)

     29,452      58,520  

InvoCare Ltd.(a)

     19,932        149,091  

IPH Ltd.

     25,718        152,257  

IRESS Ltd.

     30,836        199,704  

IVE Group Ltd.

     62,674        99,881  

Johns Lyng Group Ltd.(a)

     9,893        41,528  

Jumbo Interactive Ltd.

     8,679        82,282  

Jupiter Mines Ltd.

     415,550        61,997  

Kelsian Group Ltd.(a)

     30,952        120,693  

Link Administration Holdings Ltd.

     21,477        28,765  

Lovisa Holdings Ltd.

     19,298        302,439  

Maas Group Holdings Ltd.(a)

     6,167        11,125  

McMillan Shakespeare Ltd.

     32,785        298,813  

Monadelphous Group Ltd.(a)

     18,072        163,734  

Monash IVF Group Ltd.

     120,325        77,926  

Myer Holdings Ltd.

     270,378        124,683  

MyState Ltd.

     28,034        74,524  

Navigator Global Investments Ltd.(a)

     158,076        124,351  

Netwealth Group Ltd.

     16,203        132,956  

Nick Scali Ltd.(a)

     22,931        165,459  

NRW Holdings Ltd.

     121,398        231,336  

Nufarm Ltd.

     19,898        82,717  

Orora Ltd.

     224,631        440,244  

Pacific Current Group Ltd.(a)

     10,202        50,643  

Pact Group Holdings Ltd.

     1,902        1,309  

Perpetual Ltd.(a)

     16,310        272,091  

Perseus Mining Ltd.

     97,168        139,037  

PEXA Group Ltd.*

     2,855        23,137  

Pinnacle Investment Management Group Ltd.(a)

     24,255        143,596  

PSC Insurance Group Ltd.

     30,617        104,022  

PWR Holdings Ltd.

     7,984        58,313  

Ramelius Resources Ltd.

     2,564        1,617  

Region RE Ltd.

     329,999        606,468  

Regis Healthcare Ltd.

     41,277        52,765  

Reliance Worldwide Corp. Ltd.

     116,004        232,858  

Ridley Corp. Ltd.

     59,917        80,453  

Sigma Healthcare Ltd.

     86,415        35,747  

Sims Ltd.

     73,804        655,157  

SmartGroup Corp. Ltd.

     59,991        207,483  

Super Retail Group Ltd.(a)

     61,961        450,022  

Terracom Ltd.(a)

     307,203        193,747  

United Malt Group Ltd.(a)

     22,147        52,116  

Ventia Services Group Pty. Ltd.

     99,975        163,393  

Waypoint REIT Ltd.

     221,409        412,908  
     

 

 

 
Total Australia

 

     17,611,214  
Austria – 1.5%

 

AT&S Austria Technologie & Systemtechnik AG

     3,000        102,456  

Lenzing AG

     8,267        483,498  

Oesterreichische Post AG

     14,846        465,825  

Porr AG

     5,615        70,473  

S IMMO AG

     6,243        83,152  

Schoeller-Bleckmann Oilfield Equipment AG

     863        53,604  

Semperit AG Holding

     3,939        83,321  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

UNIQA Insurance Group AG

     51,961      $ 388,188  

Zumtobel Group AG

     7,911        57,497  
     

 

 

 
Total Austria

 

     1,788,014  
Belgium – 1.4%

 

Barco NV

     5,843        143,925  

Bekaert SA

     9,915        383,907  

bpost SA(a)

     58,543        300,154  

Deceuninck NV(a)

     543        1,420  

Econocom Group SA/NV

     1,408        4,283  

Fagron

     4,132        58,519  

Intervest Offices & Warehouses NV

     6,581        135,133  

Recticel SA(a)

     4,026        66,771  

VGP NV(a)

     6,141        509,900  

Xior Student Housing NV(a)

     3,821        117,853  
     

 

 

 
Total Belgium

 

     1,721,865  
China – 0.3%

 

AustAsia Group Ltd.*

     39,600        32,320  

CITIC Telecom International Holdings Ltd.

     629,678        213,793  

CPMC Holdings Ltd.

     900        487  

Yanlord Land Group Ltd.

     187,609        142,679  
     

 

 

 
Total China

 

     389,279  
Denmark – 2.8%

 

Alm Brand A/S

     173,399        279,963  

Cementir Holding NV

     20,695        135,613  

Chemometec A/S*

     22        2,180  

D/S Norden A/S

     17,096        1,025,586  

Dfds A/S

     7,657        281,759  

FLSmidth & Co. A/S

     3,684        133,077  

Huscompagniet A/S

     158        930  

Matas A/S

     140        1,400  

Per Aarsleff Holding A/S

     2,797        105,171  

Scandinavian Tobacco Group A/S(b)

     20,039        351,150  

Schouw & Co. A/S

     2,826        212,522  

Spar Nord Bank A/S

     11,031        168,445  

Sydbank A/S

     15,150        636,192  
     

 

 

 
Total Denmark

 

     3,333,988  
Finland – 2.5%

 

Anora Group Oyj

     13,409        105,327  

Cargotec Oyj, Class B

     5,813        256,346  

Caverion Oyj

     16,858        124,682  

Citycon Oyj*(a)

     39,616        264,462  

Fiskars Oyj Abp

     10,188        167,229  

Harvia Oyj

     3,070        57,928  

Kemira Oyj

     21,094        322,605  

Konecranes Oyj

     14,859        456,084  

Lassila & Tikanoja Oyj(a)

     4,344        49,328  

Marimekko Oyj

     5,250        49,083  

Musti Group Oyj*

     3,016        50,246  

Outokumpu Oyj(a)

     56,894        287,267  

Puuilo Oyj

     17,582        109,678  

Raisio Oyj, Class V

     28,409        75,495  

Sanoma Oyj

     8,080        84,682  

Terveystalo Oyj(b)

     23,108      154,137  

Tokmanni Group Corp.

     15,344        184,884  

Uponor Oyj

     10,808        191,594  
     

 

 

 
Total Finland

 

     2,991,057  
France – 3.1%

 

Beneteau SA

     8,638        130,355  

Bigben Interactive

     95        646  

Cie Plastic Omnium SA

     10,790        156,382  

Coface SA

     55,894        724,186  

Derichebourg SA

     38,804        228,603  

Etablissements Maurel et Prom SA

     30,656        131,361  

Fnac Darty SA

     5,547        203,886  

IPSOS

     5,286        330,027  

Jacquet Metals SACA

     4,360        77,802  

Lectra

     2,504        94,068  

LISI

     2,636        54,746  

Maisons du Monde SA(a)(b)

     8,629        108,209  

Mersen SA

     2,340        94,276  

Metropole Television SA

     31,150        510,308  

Quadient SA

     4,127        60,651  

Television Francaise 1

     47,695        364,207  

Trigano SA(a)

     1,195        162,736  

Vicat SA

     9,609        240,484  
     

 

 

 
Total France

 

     3,672,933  
Georgia – 0.4%

 

Bank of Georgia Group PLC

     15,219        476,896  
Germany – 3.3%

 

7C Solarparken AG

     12,357        56,313  

alstria office REIT AG

     5,895        49,073  

AURELIUS Equity Opportunities SE & Co. KGaA

     6,685        130,705  

BayWa AG

     2,497        115,125  

Bilfinger SE

     5,285        152,742  

CompuGroup Medical SE & Co. KGaA

     2,960        113,663  

CropEnergies AG

     8,762        121,753  

Dermapharm Holding SE

     9,736        389,861  

Deutz AG

     20,286        87,597  

Duerr AG

     4,638        156,021  

Energiekontor AG

     749        61,552  

Gerresheimer AG

     2,170        145,441  

Hamborner REIT AG

     17,272        124,058  

Hamburger Hafen und Logistik AG

     14,188        180,191  

Hornbach Holding AG & Co. KGaA

     965        79,559  

Indus Holding AG

     4,638        108,650  

Instone Real Estate Group SE(b)

     12,942        111,466  

Jenoptik AG

     2,577        70,298  

JOST Werke AG(b)

     1,524        85,553  

Kloeckner & Co. SE

     40,270        396,903  

Mutares SE & Co. KGaA

     4,375        84,046  

SAF-Holland SE

     8,161        76,777  

Salzgitter AG

     6,793        206,765  

Siltronic AG

     4,855        353,119  

Varta AG(a)

     11,565        278,205  

Wacker Neuson SE

     8,807        153,584  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

Wuestenrot & Wuerttembergische AG

     4,798      $ 79,063  
     

 

 

 
Total Germany

 

     3,968,083  
Hong Kong – 1.2%

 

Dah Sing Banking Group Ltd.

     119,200        85,525  

Dah Sing Financial Holdings Ltd.

     36,000        83,393  

Fortune Real Estate Investment Trust

     493,000        400,467  

Hutchison Port Holdings Trust

     2,025,500        392,947  

Nissin Foods Co. Ltd.

     132,000        113,144  

Singamas Container Holdings Ltd.

     1,492,000        139,547  

Tam Jai International Co. Ltd.

     455,000        153,319  
     

 

 

 
Total Hong Kong

 

     1,368,342  
Indonesia – 0.4%

 

Bumitama Agri Ltd.

     217,800        95,811  

Nickel Industries Ltd.(a)

     536,268        352,760  
     

 

 

 
Total Indonesia

 

     448,571  
Ireland – 0.3%

 

Cairn Homes PLC*

     148,181        137,271  

Kenmare Resources PLC

     23,676        124,884  

Origin Enterprises PLC

     23,039        105,976  
     

 

 

 
Total Ireland

 

     368,131  
Israel – 3.1%

 

Altshuler Shaham Penn Ltd.

     77,789        151,742  

AudioCodes Ltd.

     2,268        39,941  

Automatic Bank Services Ltd.

     12,565        51,136  

Azorim-Investment Development & Construction Co. Ltd.

     15,325        49,035  

Delek Automotive Systems Ltd.

     21,178        247,342  

Delek Group Ltd.*

     0        37  

Delta Galil Ltd.

     2,329        97,226  

Electra Consumer Products 1970 Ltd.

     1,823        52,440  

Electra Real Estate Ltd.

     9,600        91,960  

FIBI Holdings Ltd.

     6,317        262,455  

G City Ltd.

     52,478        159,137  

Gav-Yam Lands Corp. Ltd.

     21,460        166,644  

Harel Insurance Investments & Financial Services Ltd.

     42,025        369,334  

Israel Canada T.R Ltd.

     25,387        55,041  

Israel Land Development Co. Ltd.

     4,087        44,918  

Magic Software Enterprises Ltd.

     5,682        90,210  

Matrix IT Ltd.

     12,173        254,051  

Max Stock Ltd.

     51,439        85,661  

Maytronics Ltd.

     12,317        122,172  

Mediterranean Towers Ltd.

     26,730        61,717  

Mega Or Holdings Ltd.

     4,031        110,814  

Mehadrin Ltd.*

     0        13  

Migdal Insurance & Financial Holdings Ltd.*

     43,896        49,886  

Oil Refineries Ltd.

     574,775        200,524  

One Software Technologies Ltd.

     6,617        91,740  

Paz Oil Co. Ltd.*

     1        107  

Plus500 Ltd.

     25,016        542,855  

Retailors Ltd.

     1,822        34,235  

Shufersal Ltd.

     20,925        120,325  

Tamar Petroleum Ltd.(b)

     13,829      36,018  

Tiv Taam Holdings 1 Ltd.

     676        1,207  
     

 

 

 
Total Israel

 

     3,639,923  
Italy – 3.9%

 

Alerion Cleanpower SpA

     3,457        118,801  

Anima Holding SpA(b)

     97,664        390,036  

Ariston Holding NV

     5,429        55,739  

Arnoldo Mondadori Editore SpA

     43,784        84,485  

Azimut Holding SpA

     36,070        805,715  

Banca Popolare di Sondrio SpA

     78,148        315,265  

Cairo Communication SpA

     50,434        80,093  

Carel Industries SpA(b)

     2,637        66,137  

Credito Emiliano SpA

     32,128        227,333  

Danieli & C. Officine Meccaniche SpA, RSP

     5,459        83,430  

El.En. SpA

     474        7,209  

Enav SpA(b)

     46,565        196,798  

Esprinet SpA

     12,305        88,447  

Immobiliare Grande Distribuzione SIIQ SpA

     42,410        140,991  

Iren SpA

     294,359        461,179  

Maire Tecnimont SpA(a)

     65,421        216,583  

MARR SpA

     9,227        112,262  

OVS SpA(b)

     22,692        51,003  

Piaggio & C. SpA

     72,596        217,248  

RAI Way SpA(b)

     36,751        212,194  

Salcef Group SpA

     6,040        112,293  

Sanlorenzo SpA

     2,461        97,049  

SOL SpA

     3,547        67,004  

Technogym SpA(b)

     3,672        28,020  

Unieuro SpA(a)(b)

     8,379        109,903  

Webuild SpA(a)

     129,478        190,005  

Zignago Vetro SpA

     10,058        151,355  
     

 

 

 
Total Italy

 

     4,686,577  
Japan – 27.8%

 

77 Bank Ltd.

     9,235        154,681  

ADEKA Corp.

     8,000        131,206  

Advan Group Co. Ltd.

     200        1,302  

Aeon Delight Co. Ltd.

     4,700        107,931  

Ai Holdings Corp.(a)

     5,600        88,916  

Aica Kogyo Co. Ltd.(a)

     6,000        142,332  

Aichi Corp.

     15,600        91,274  

Alleanza Holdings Co. Ltd.(a)

     200        1,501  

Alps Alpine Co. Ltd.

     13,000        117,935  

Amano Corp.

     6,000        110,637  

Anritsu Corp.

     6,700        65,098  

Arcs Co. Ltd.

     6,800        113,174  

Ariake Japan Co. Ltd.

     1,500        49,623  

ARTERIA Networks Corp.

     9,900        93,264  

As One Corp.

     1,500        65,482  

Asahi Holdings, Inc.(a)

     8,200        119,633  

Asanuma Corp.

     3,500        80,109  

ASKUL Corp.

     5,100        66,057  

Autobacs Seven Co. Ltd.

     13,500        147,743  

Awa Bank Ltd.

     270        4,363  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

Bando Chemical Industries Ltd.(a)

     12,600      $ 91,293  

Bank of Nagoya Ltd.

     2,049        51,635  

Bank of Saga Ltd.

     6,300        84,799  

Belc Co. Ltd.

     800        34,863  

Bell System24 Holdings, Inc.

     10,201        105,377  

Benesse Holdings, Inc.

     5,600        85,138  

BeNext-Yumeshin Group Co.(a)

     6,600        85,085  

Bic Camera, Inc.(a)

     200        1,943  

BML, Inc.

     2,500        63,568  

Bunka Shutter Co. Ltd.(a)

     8,200        68,859  

C Uyemura & Co. Ltd.

     1,400        64,512  

Central Glass Co. Ltd.

     2,700        57,501  

Chori Co. Ltd.

     6,500        106,506  

Citizen Watch Co. Ltd.(a)

     32,800        147,413  

CKD Corp.

     7,300        103,958  

Computer Engineering & Consulting Ltd.

     200        2,316  

CONEXIO Corp.

     200        2,892  

Create SD Holdings Co. Ltd.

     3,300        82,659  

Daicel Corp.

     25,300        183,118  

Daido Steel Co. Ltd.

     4,300        140,623  

Daihen Corp.

     1,737        50,947  

Daiho Corp.(a)

     2,700        80,522  

Daiichikosho Co. Ltd.

     4,200        126,689  

Daiken Corp.

     5,200        82,486  

Daiki Aluminium Industry Co. Ltd.(a)

     200        1,881  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     200        2,592  

Daio Paper Corp.

     10,300        79,000  

Daiseki Co. Ltd.

     1,400        48,172  

Daishi Hokuetsu Financial Group, Inc.

     6,100        132,592  

Daiwabo Holdings Co. Ltd.

     7,800        115,039  

DCM Holdings Co. Ltd.

     11,000        100,208  

Denka Co. Ltd.

     7,200        165,069  

Dexerials Corp.(a)

     3,200        61,844  

DIC Corp.(a)

     8,000        141,028  

Dip Corp.

     1,741        50,009  

DMG Mori Co. Ltd.(a)

     10,000        133,010  

DTS Corp.

     5,400        122,042  

Eagle Industry Co. Ltd.

     7,800        63,372  

EDION Corp.(a)

     10,500        102,338  

Eiken Chemical Co. Ltd.

     7,300        94,552  

Eizo Corp.

     1,800        46,724  

Elecom Co. Ltd.

     6,500        66,505  

Elematec Corp.

     10,100        118,342  

en Japan, Inc.

     2,600        47,765  

ES-Con Japan Ltd.(a)

     16,300        96,605  

ESPEC Corp.

     200        2,877  

Exedy Corp.

     9,730        119,168  

EXEO Group, Inc.(a)

     9,800        166,967  

Ezaki Glico Co. Ltd.(a)

     4,200        115,230  

Financial Partners Group Co. Ltd.(a)

     10,900        91,945  

France Bed Holdings Co. Ltd.

     400        2,850  

Fuji Co. Ltd.

     2,700        37,447  

Fuji Oil Holdings, Inc.

     4,600        71,051  

Fuji Soft, Inc.

     1,400      80,215  

Fujikura Ltd.

     9,400        71,527  

Fujimi, Inc.

     2,200        104,210  

Fujitec Co. Ltd.

     5,000        113,570  

Fukuyama Transporting Co. Ltd.

     2,600        60,396  

Funai Soken Holdings, Inc.(a)

     5,500        113,297  

Furukawa Electric Co. Ltd.

     3,300        61,876  

Furuno Electric Co. Ltd.

     200        1,469  

Future Corp.(a)

     6,200        77,391  

G-7 Holdings, Inc.(a)

     200        2,507  

Glory Ltd.

     5,300        88,129  

GMO Internet Group, Inc.

     6,900        128,958  

Goldcrest Co. Ltd.(a)

     8,000        101,921  

GS Yuasa Corp.

     4,851        77,942  

Gunma Bank Ltd.

     38,587        147,394  

H.U. Group Holdings, Inc.

     7,600        165,945  

H2O Retailing Corp.

     7,300        71,371  

Hachijuni Bank Ltd.

     42,200        175,587  

Hakuto Co. Ltd.

     3,400        107,583  

Hanwa Co. Ltd.

     2,239        63,550  

Hazama Ando Corp.

     16,700        106,444  

Heiwa Corp.

     8,149        153,475  

Heiwa Real Estate Co. Ltd.

     2,500        69,442  

Hiday Hidaka Corp.

     200        2,932  

Hirogin Holdings, Inc.

     32,600        163,315  

Hogy Medical Co. Ltd.(a)

     2,200        56,857  

Hokuetsu Corp.

     11,000        63,526  

Hokuhoku Financial Group, Inc.

     14,006        103,709  

Hokuto Corp.

     200        2,847  

Horiba Ltd.(a)

     2,900        125,939  

Hyakujushi Bank Ltd.

     7,300        105,839  

Ichibanya Co. Ltd.(a)

     2,700        94,744  

Ichigo, Inc.

     26,500        57,240  

Ichiyoshi Securities Co. Ltd.(a)

     400        1,867  

Idec Corp.

     3,200        70,817  

Iino Kaiun Kaisha Ltd.

     17,900        126,166  

Inaba Denki Sangyo Co. Ltd.

     7,300        149,989  

Inabata & Co. Ltd.

     5,700        103,118  

Information Services International-Dentsu Ltd.

     3,600        107,090  

INFRONEER Holdings, Inc.

     21,623        164,043  

Inui Global Logistics Co. Ltd.(a)

     7,700        116,132  

Itochu Enex Co. Ltd.

     16,200        128,917  

Itoham Yonekyu Holdings, Inc.

     27,500        146,103  

IwaiCosmo Holdings, Inc.

     200        1,967  

Izumi Co. Ltd.

     5,000        113,229  

JAC Recruitment Co. Ltd.

     6,000        110,455  

Japan Aviation Electronics Industry Ltd.

     6,600        105,494  

Japan Lifeline Co. Ltd.

     9,000        62,481  

Japan Steel Works Ltd.

     2,600        51,411  

Jeol Ltd.

     1,200        32,650  

Joyful Honda Co. Ltd.(a)

     7,900        115,675  

Juroku Financial Group, Inc.

     5,500        119,550  

K’s Holdings Corp.

     23,200        198,337  

Kaga Electronics Co. Ltd.

     3,000        92,880  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

Kagome Co. Ltd.(a)

     4,300      $ 99,560  

Kaken Pharmaceutical Co. Ltd.

     4,600        135,617  

Kamei Corp.

     200        1,851  

Kanamoto Co. Ltd.

     5,700        97,761  

Kandenko Co. Ltd.

     11,178        72,941  

Kaneka Corp.

     4,200        104,725  

Kanematsu Corp.

     10,400        118,231  

Kanematsu Electronics Ltd.

     2,900        97,806  

Kanto Denka Kogyo Co. Ltd.

     200        1,402  

Katitas Co. Ltd.

     2,600        59,510  

Kato Sangyo Co. Ltd.

     4,348        115,665  

Keiyo Bank Ltd.

     22,800        101,433  

KH Neochem Co. Ltd.(a)

     4,900        100,009  

Ki-Star Real Estate Co. Ltd.(a)

     1,900        66,096  

Kitz Corp.(a)

     15,100        90,294  

Kobe Steel Ltd.

     49,300        239,877  

Kokuyo Co. Ltd.(a)

     10,300        145,041  

KOMEDA Holdings Co. Ltd.

     5,600        105,468  

Komeri Co. Ltd.

     4,700        97,352  

Konica Minolta, Inc.(a)

     49,500        197,707  

Kumagai Gumi Co. Ltd.

     5,400        107,677  

Kumiai Chemical Industry Co. Ltd.

     9,200        63,241  

Kurabo Industries Ltd.

     5,863        96,247  

Kureha Corp.

     1,100        67,195  

KYB Corp.

     3,200        82,580  

Kyoei Steel Ltd.(a)

     200        1,904  

Kyokuyo Co. Ltd.

     200        5,760  

KYORIN Holdings, Inc.

     7,173        93,505  

Kyudenko Corp.

     5,200        128,675  

Kyushu Financial Group, Inc.

     39,100        134,536  

Life Corp.

     3,600        72,166  

Lintec Corp.

     10,000        162,719  

Mabuchi Motor Co. Ltd.

     3,400        96,245  

Macnica Holdings, Inc.

     6,200        147,781  

Makino Milling Machine Co. Ltd.

     1,800        59,070  

Mani, Inc.

     2,900        44,617  

Maruha Nichiro Corp.

     6,000        114,138  

Maruichi Steel Tube Ltd.

     7,600        155,692  

Marusan Securities Co. Ltd.

     600        1,819  

Marvelous, Inc.

     400        2,074  

Matsui Securities Co. Ltd.

     23,900        142,192  

Max Co. Ltd.

     6,200        91,629  

MCJ Co. Ltd.

     8,900        63,810  

Megmilk Snow Brand Co. Ltd.

     8,300        113,292  

Meitec Corp.

     7,500        136,193  

Mie Kotsu Group Holdings, Inc.

     600        2,205  

MIRAIT ONE Corp.

     9,400        108,288  

Mirarth Holdings, Inc.

     29,800        83,565  

Miroku Jyoho Service Co. Ltd.

     200        2,187  

Mitsubishi Logistics Corp.

     7,000        160,749  

Mitsubishi Materials Corp.

     7,800        123,197  

Mitsubishi Shokuhin Co. Ltd.

     5,000        118,231  

Mitsuboshi Belting Ltd.(a)

     6,600        171,071  

Mitsui High-Tec, Inc.(a)

     700        32,521  

Mitsui Matsushima Holdings Co. Ltd.(a)

     2,200      49,637  

Mitsui Mining & Smelting Co. Ltd.

     5,800        135,610  

Mitsui-Soko Holdings Co. Ltd.

     4,600        125,333  

MIXI, Inc.

     9,000        168,206  

Mochida Pharmaceutical Co. Ltd.

     3,000        79,124  

Monex Group, Inc.(a)

     16,600        52,463  

Morinaga & Co. Ltd.

     4,200        124,938  

Morinaga Milk Industry Co. Ltd.

     2,000        75,713  

Morita Holdings Corp.

     200        1,760  

Morningstar Japan KK

     697        2,398  

Musashi Seimitsu Industry Co. Ltd.(a)

     5,900        69,980  

Musashino Bank Ltd.

     200        3,138  

Nachi-Fujikoshi Corp.(a)

     3,300        90,038  

Nafco Co. Ltd.

     200        2,359  

Nagase & Co. Ltd.

     8,400        127,453  

Nakanishi, Inc.

     4,917        95,288  

NEC Networks & System Integration Corp.

     7,900        98,911  

NET One Systems Co. Ltd.

     4,400        114,381  

NHK Spring Co. Ltd.

     28,700        184,018  

Nichias Corp.

     7,074        126,634  

Nichicon Corp.

     6,700        62,255  

Nichiden Corp.

     200        2,609  

Nihon Chouzai Co. Ltd.

     300        2,765  

Nihon Kohden Corp.

     2,800        68,013  

Nihon Parkerizing Co. Ltd.

     14,240        101,232  

Nikkon Holdings Co. Ltd.

     6,800        121,214  

Nippn Corp.

     9,300        114,184  

Nippon Carbon Co. Ltd.(a)

     3,200        101,982  

Nippon Denko Co. Ltd.(a)

     23,700        63,226  

Nippon Electric Glass Co. Ltd.(a)

     13,300        236,274  

Nippon Gas Co. Ltd.

     8,900        140,436  

Nippon Kanzai Co. Ltd.(a)

     5,000        95,419  

Nippon Kayaku Co. Ltd.

     18,800        162,431  

Nippon Light Metal Holdings Co. Ltd.

     7,200        82,562  

Nippon Parking Development Co. Ltd.

     1,200        2,819  

Nippon Pillar Packing Co. Ltd.

     4,600        95,315  

Nippon Shokubai Co. Ltd.

     4,500        180,075  

Nippon Signal Co. Ltd.

     400        3,153  

Nippon Soda Co. Ltd.

     4,200        137,512  

Nippon Steel Trading Corp.

     3,900        273,114  

Nipro Corp.(a)

     9,100        71,313  

Nishi-Nippon Financial Holdings, Inc.

     17,700        129,183  

Nishi-Nippon Railroad Co. Ltd.

     5,300        99,256  

Nishimatsu Construction Co. Ltd.

     7,350        218,085  

Nishio Rent All Co. Ltd.

     4,700        110,959  

Nissan Shatai Co. Ltd.(a)

     400        2,501  

Nisshinbo Holdings, Inc.

     16,750        123,646  

Nissin Electric Co. Ltd.

     7,300        69,656  

Nissui Corp.

     15,800        65,741  

Nitta Corp.

     5,700        120,873  

Nitto Kogyo Corp.

     3,800        67,853  

Nittoc Construction Co. Ltd.

     13,700        96,148  

Noevir Holdings Co. Ltd.

     3,273        143,626  

NOK Corp.

     14,600        129,906  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

Nomura Co. Ltd.

     8,558      $ 62,331  

Noritake Co. Ltd.

     2,400        73,121  

North Pacific Bank Ltd.

     40,300        77,885  

NS United Kaiun Kaisha Ltd.(a)

     3,800        111,600  

NSD Co. Ltd.

     7,900        136,751  

Ogaki Kyoritsu Bank Ltd.

     6,600        93,989  

Ohsho Food Service Corp.

     1,572        71,246  

Okamura Corp.

     8,800        94,906  

Okasan Securities Group, Inc.

     36,400        105,659  

Okinawa Cellular Telephone Co.

     6,700        147,563  

Okinawa Electric Power Co., Inc.

     270        2,069  

Okinawa Financial Group, Inc.

     242        4,275  

OKUMA Corp.

     2,000        71,242  

Okumura Corp.

     5,390        121,938  

Okuwa Co. Ltd.(a)

     400        2,689  

Onoken Co. Ltd.(a)

     200        2,205  

Optorun Co. Ltd.

     200        3,398  

Osaka Soda Co. Ltd.

     2,100        60,957  

Osaki Electric Co. Ltd.

     600        2,387  

OSG Corp.

     7,900        108,790  

PAL GROUP Holdings Co. Ltd.

     4,490        85,380  

PALTAC Corp.

     2,100        73,769  

Paramount Bed Holdings Co. Ltd.

     5,700        111,369  

Penta-Ocean Construction Co. Ltd.

     16,800        78,687  

PHC Holdings Corp.

     12,600        140,663  

Pigeon Corp.(a)

     8,600        141,307  

Pilot Corp.(a)

     1,800        65,550  

Piolax, Inc.(a)

     4,600        59,337  

Press Kogyo Co. Ltd.

     31,700        101,386  

Pressance Corp.

     286        3,336  

Prima Meat Packers Ltd.

     257        4,283  

Raito Kogyo Co. Ltd.

     6,100        87,516  

Raiznext Corp.

     8,200        81,786  

Relia, Inc.

     200        1,522  

Rengo Co. Ltd.

     18,150        124,902  

Resorttrust, Inc.

     6,800        121,060  

Restar Holdings Corp.

     4,654        72,590  

Roland Corp.(a)

     2,100        55,387  

Round One Corp.

     10,900        39,653  

Ryoden Corp.

     200        2,568  

Ryosan Co. Ltd.

     4,500        96,927  

S Foods, Inc.

     3,300        74,256  

Sakata Seed Corp.

     1,800        59,684  

Sala Corp.

     400        2,216  

SAMTY Co. Ltd.

     6,400        103,704  

San ju San Financial Group, Inc.

     7,800        93,994  

San-In Godo Bank Ltd.

     29,900        176,076  

Sangetsu Corp.

     9,200        149,771  

Sanki Engineering Co. Ltd.

     8,500        99,788  

Sankyu, Inc.

     3,100        113,479  

Sanyo Special Steel Co. Ltd.

     7,100        116,284  

Sapporo Holdings Ltd.(a)

     3,400        84,520  

Sawai Group Holdings Co. Ltd.

     2,700        84,410  

Scroll Corp.

     13,800        74,572  

Seikitokyu Kogyo Co. Ltd.

     500      2,994  

Seiko Group Corp.

     2,600        61,185  

Seino Holdings Co. Ltd.

     10,700        95,043  

Senko Group Holdings Co. Ltd.

     16,380        119,798  

Senshu Ikeda Holdings, Inc.

     63,700        122,143  

Seria Co. Ltd.

     6,000        130,463  

Shiga Bank Ltd.

     6,900        138,319  

Shin Nippon Air Technologies Co. Ltd.(a)

     200        2,842  

Shin-Etsu Polymer Co. Ltd.

     9,100        78,072  

Shinmaywa Industries Ltd.

     9,400        75,089  

Shinsho Corp.

     2,100        81,807  

Ship Healthcare Holdings, Inc.

     4,600        93,712  

Shoei Co. Ltd.

     1,800        69,984  

Sinfonia Technology Co. Ltd.

     200        2,234  

Sinko Industries Ltd.

     200        2,190  

SKY Perfect JSAT Holdings, Inc.

     33,400        122,771  

Sotetsu Holdings, Inc.

     5,000        84,278  

SRA Holdings

     4,100        94,153  

ST Corp.

     200        2,295  

St. Marc Holdings Co. Ltd.

     200        2,562  

Star Micronics Co. Ltd.(a)

     6,500        79,757  

Starts Corp., Inc.

     6,400        126,792  

Stella Chemifa Corp.

     200        3,750  

Sumitomo Bakelite Co. Ltd.

     3,000        89,014  

Sumitomo Mitsui Construction Co. Ltd.

     26,000        82,171  

Sumitomo Osaka Cement Co. Ltd.(a)

     2,400        59,206  

Sun Frontier Fudousan Co. Ltd.

     12,100        100,967  

Suzuden Corp.

     5,600        96,598  

Systena Corp.

     400        1,246  

T Hasegawa Co. Ltd.

     2,900        64,090  

T-Gaia Corp.

     6,800        84,005  

Tachibana Eletech Co. Ltd.

     200        2,675  

Taihei Dengyo Kaisha Ltd.

     3,200        79,184  

Taiheiyo Cement Corp.

     8,600        134,073  

Taikisha Ltd.

     1,800        45,496  

Taiyo Holdings Co. Ltd.

     5,900        100,029  

Takamatsu Construction Group Co. Ltd.

     200        2,903  

Takara Bio, Inc.

     6,500        84,880  

Takara Holdings, Inc.

     18,600        147,311  

Takara Standard Co. Ltd.

     8,200        85,949  

Takasago International Corp.

     200        3,858  

Takasago Thermal Engineering Co. Ltd.

     5,300        71,620  

Takeuchi Manufacturing Co. Ltd.

     3,300        72,880  

Takuma Co. Ltd.

     7,500        70,200  

Tama Home Co. Ltd.

     4,500        85,536  

Tamron Co. Ltd.(a)

     4,200        94,730  

Tatsuta Electric Wire and Cable Co. Ltd.

     600        3,229  

Teijin Ltd.

     12,800        124,949  

TKC Corp.

     3,300        90,163  

Toagosei Co. Ltd.(a)

     16,600        139,901  

Tocalo Co. Ltd.

     11,000        96,123  

Toda Corp.

     23,704        127,552  

Tokai Carbon Co. Ltd.(a)

     13,500        109,784  

TOKAI Holdings Corp.

     18,600        121,091  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

Tokai Rika Co. Ltd.

     9,300      $ 99,594  

Tokai Tokyo Financial Holdings, Inc.

     45,518        121,777  

Token Corp.

     1,200        67,483  

Tokuyama Corp.

     6,400        87,115  

Tokyo Kiraboshi Financial Group, Inc.

     5,100        100,883  

Tokyo Ohka Kogyo Co. Ltd.

     2,900        131,653  

Tokyo Sangyo Co. Ltd.

     800        4,559  

Tokyo Seimitsu Co. Ltd.

     5,300        171,518  

Tokyo Steel Manufacturing Co. Ltd.

     10,400        94,191  

Tokyu Construction Co. Ltd.

     200        964  

Tomy Co. Ltd.

     8,900        85,260  

Topcon Corp.

     7,700        89,346  

Totech Corp.

     2,400        60,389  

Totetsu Kogyo Co. Ltd.

     4,845        96,536  

Toyo Construction Co. Ltd.

     8,100        52,733  

Toyo Ink SC Holdings Co. Ltd.(a)

     7,028        95,876  

Toyo Tire Corp.(a)

     14,300        162,243  

Toyobo Co. Ltd.

     8,000        60,571  

Transcosmos, Inc.

     7,400        182,553  

TS Tech Co. Ltd.

     11,100        127,451  

Tsubakimoto Chain Co.

     5,956        134,608  

Tsumura & Co.

     4,913        107,908  

UACJ Corp.

     4,400        73,964  

UBE Corp.(a)

     9,100        133,660  

Ulvac, Inc.

     2,100        88,491  

Valor Holdings Co. Ltd.

     7,200        99,423  

Valqua Ltd.

     5,300        105,843  

VT Holdings Co. Ltd.

     25,600        91,578  

Wacoal Holdings Corp.

     5,900        106,065  

Wacom Co. Ltd.(a)

     12,900        57,097  

Wowow, Inc.

     200        1,927  

YAMABIKO Corp.(a)

     7,100        59,138  

Yamaguchi Financial Group, Inc.

     21,800        142,255  

Yamaichi Electronics Co. Ltd.(a)

     5,800        74,992  

Yamazen Corp.

     13,300        101,102  

Yaoko Co. Ltd.

     1,100        56,524  

Yellow Hat Ltd.

     7,900        107,413  

Yokogawa Bridge Holdings Corp.

     5,800        82,509  

Yokorei Co. Ltd.

     500        4,059  

Yuasa Trading Co. Ltd.

     2,900        79,563  

Yurtec Corp.

     18,500        103,054  

Zenrin Co. Ltd.

     300        1,880  
     

 

 

 
Total Japan

 

     33,256,667  
Malaysia – 0.1%

 

Frencken Group Ltd.(a)

     96,700        68,134  
Netherlands – 0.8%

 

AMG Advanced Metallurgical Group NV

     2,533        92,995  

Brunel International NV

     8,385        85,730  

Corbion NV

     4,212        143,129  

ForFarmers NV

     26,424        82,488  

Heijmans NV, CVA

     10,349        111,775  

Ordina NV

     21,543        89,093  

RHI Magnesita NV

     12,621        337,643  

Sligro Food Group NV

     3,464      60,039  
     

 

 

 
Total Netherlands

 

     1,002,892  
Norway – 3.5%

 

ABG Sundal Collier Holding ASA

     164,686        94,121  

AF Gruppen ASA

     2,925        42,698  

Aker Solutions ASA

     12,356        46,910  

AMSC ASA*

     18,347        81,296  

Atea ASA*

     17,152        198,490  

Austevoll Seafood ASA

     40,832        366,622  

Belships ASA

     137,859        199,840  

Bonheur ASA

     2,051        59,754  

Borregaard ASA

     5,327        82,195  

Bouvet ASA

     14,255        86,824  

DNO ASA

     173,281        207,740  

Elopak ASA

     23,190        58,852  

Entra ASA(b)

     29,062        312,127  

Europris ASA(b)

     35,558        247,798  

Grieg Seafood ASA

     8,977        71,626  

Kid ASA(a)(b)

     10,981        80,705  

MPC Container Ships ASA*

     271,975        448,644  

OKEA ASA(a)

     24,639        85,540  

Pareto Bank ASA

     13,444        65,303  

Protector Forsikring ASA

     15,645        199,791  

Rana Gruber ASA

     28,118        145,571  

Selvaag Bolig ASA

     13,871        45,129  

SpareBank 1 Nord Norge

     17,727        172,753  

SpareBank 1 Oestlandet

     8,614        105,981  

SpareBank 1 SMN

     16,953        219,248  

Sparebanken Vest

     7,845        73,584  

TGS ASA

     13,982        187,354  

Veidekke ASA

     18,040        177,268  
     

 

 

 
Total Norway

 

     4,163,764  
Peru – 0.1%

 

Hochschild Mining PLC

     102,272        86,424  
Portugal – 1.6%

 

Altri SGPS SA

     29,673        158,501  

Banco Comercial Portugues SA, Class R(a)

     336,862        52,633  

Corticeira Amorim SGPS SA

     13,778        128,224  

CTT – Correios de Portugal SA(a)

     24,969        82,076  

NOS SGPS SA

     165,098        666,744  

REN – Redes Energeticas Nacionais SGPS SA

     191,220        514,280  

Sonae SGPS SA

     361,442        360,675  
     

 

 

 
Total Portugal

 

     1,963,133  
Singapore – 3.6%

 

AEM Holdings Ltd.(a)

     63,700        162,432  

CapitaLand India Trust

     280,500        236,329  

Chip Eng Seng Corp. Ltd.

     107,000        59,835  

Geo Energy Resources Ltd.(a)

     761,100        184,430  

Hour Glass Ltd.

     152,500        231,956  

Japfa Ltd.

     198,000        50,932  

Jiutian Chemical Group Ltd.

     1,729,900        104,475  

Kenon Holdings Ltd.

     15,550        513,853  

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

Keppel DC REIT

     392,600      $ 518,120  

Keppel Infrastructure Trust

     1,205,491        485,360  

Parkway Life Real Estate Investment Trust

     112,400        315,109  

Raffles Medical Group Ltd.

     141,700        147,912  

Samudera Shipping Line Ltd.(a)

     270,500        169,415  

Sheng Siong Group Ltd.

     301,800        371,287  

Silverlake Axis Ltd.

     306,400        82,243  

Singapore Post Ltd.

     303,200        117,554  

StarHub Ltd.

     201,300        156,093  

UMS Holdings Ltd.(a)

     199,425        175,456  

Wing Tai Holdings Ltd.

     149,200        166,866  
     

 

 

 
Total Singapore

 

     4,249,657  
Spain – 1.8%

 

Almirall SA

     11,410        110,083  

Applus Services SA

     11,817        80,904  

Atresmedia Corp. de Medios de Comunicacion SA(a)

     89,623        305,315  

Construcciones y Auxiliar de Ferrocarriles SA

     4,168        117,880  

Ence Energia y Celulosa SA(a)

     63,301        189,838  

Faes Farma SA

     65,640        245,890  

Gestamp Automocion SA(b)

     46,285        178,523  

Global Dominion Access SA(a)(b)

     12,216        46,740  

Indra Sistemas SA

     10,023        113,923  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a)

     185,642        204,466  

Neinor Homes SA(a)(b)

     11,298        98,633  

Pharma Mar SA

     746        51,194  

Prosegur Cash SA(a)(b)

     95,576        60,998  

Prosegur Cia de Seguridad SA(a)

     46,790        88,538  

Sacyr SA(a)

     99,873        277,132  
     

 

 

 
Total Spain

 

     2,170,057  
Sweden – 6.2%

 

AcadeMedia AB(b)

     6,628        28,396  

AddLife AB, Class B

     7,277        75,846  

AFRY AB

     14,790        242,585  

Akelius Residential Property AB, Class D

     51,691        101,839  

Alimak Group AB(b)

     207        1,482  

Atrium Ljungberg AB, Class B

     15,680        257,182  

Beijer Alma AB

     5,439        85,295  

Betsson AB, Class B*

     19,145        155,758  

Bilia AB, Class A

     19,816        217,378  

Bravida Holding AB(b)

     21,751        232,551  

Bufab AB

     850        19,089  

Catella AB

     15,007        52,426  

Catena AB

     3,461        129,080  

Clas Ohlson AB, Class B(a)

     11,756        81,235  

Cloetta AB, Class B

     11,881        23,786  

Coor Service Management Holding AB(b)

     20,908        129,026  

Corem Property Group AB, Class B

     204,753        164,871  

Dios Fastigheter AB

     24,143        174,825  

Dometic Group AB(b)

     45,761        295,484  

Electrolux Professional AB, Class B

     13,795        58,016  

Elekta AB, Class B

     50,617        305,077  

Fagerhult AB

     267      1,036  

Granges AB

     11,745        96,151  

HMS Networks AB

     1,909        62,219  

Instalco AB

     16,984        64,598  

Inwido AB

     13,379        142,143  

JM AB

     19,195        317,046  

KNOW IT AB

     3,816        74,639  

Lagercrantz Group AB, Class B

     12,485        123,778  

Lindab International AB

     8,627        105,483  

Loomis AB

     7,228        198,398  

MEKO AB

     7,255        78,402  

MIPS AB(a)

     1,573        64,901  

Munters Group AB(b)

     8,043        79,430  

Mycronic AB

     6,234        117,147  

NCC AB, Class B

     21,127        197,188  

New Wave Group AB, Class B

     4,935        97,757  

Nolato AB, Class B

     29,226        153,290  

Nordic Paper Holding AB

     23,282        73,737  

Nordic Waterproofing Holding AB

     4,367        61,024  

Peab AB, Class B

     73,916        419,256  

Platzer Fastigheter Holding AB, Class B

     12,169        96,119  

Pricer AB, Class B

     1,013        1,591  

Ratos AB, Class B

     28,512        113,534  

Resurs Holding AB(b)

     73,591        176,217  

Rottneros AB

     1,594        1,869  

Sagax AB, Class D

     49,251        126,206  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     84,355        153,012  

Sectra AB, Class B*

     4,545        64,907  

Skandinaviska Enskilda Banken AB, Class C

     1,201        14,316  

SkiStar AB(a)

     4,651        49,548  

SSAB AB, Class A

     133,852        731,468  

Svenska Handelsbanken AB, Class B

     2,253        26,423  

Synsam AB(a)

     13,878        52,638  

Tethys Oil AB

     237        1,376  

Troax Group AB

     4,345        76,145  

Wihlborgs Fastigheter AB

     44,792        337,461  
     

 

 

 
Total Sweden

 

     7,381,680  
Switzerland – 1.4%

 

Arbonia AG

     6,095        85,114  

Comet Holding AG, Registered Shares

     669        141,580  

Huber + Suhner AG, Registered Shares

     2,286        213,231  

Landis + Gyr Group AG*(a)

     3,461        244,088  

Medmix AG(b)

     4,700        89,408  

Mobilezone Holding AG, Registered Shares

     12,123        200,740  

Sulzer AG, Registered Shares

     6,003        467,159  

Swissquote Group Holding SA, Registered Shares

     1,012        146,025  

u-blox Holding AG*

     419        49,907  

Zehnder Group AG

     966        58,261  
     

 

 

 
Total Switzerland

 

     1,695,513  
United Kingdom – 15.0%

 

AG Barr PLC

     14,131        90,600  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

AJ Bell PLC

     30,722      $ 132,375  

Alliance Pharma PLC

     2,347        1,496  

Ashmore Group PLC

     196,260        565,178  

Assura PLC

     724,123        475,157  

Begbies Traynor Group PLC

     1,142        1,995  

Biffa PLC(b)

     17,525        85,883  

Bloomsbury Publishing PLC

     16,459        88,994  

Bodycote PLC

     22,273        152,314  

Bridgepoint Group PLC(b)(c)

     73,279        168,009  

Bytes Technology Group PLC

     18,136        84,427  

Capital & Counties Properties PLC

     56,726        72,671  

Central Asia Metals PLC

     72,596        216,568  

Chemring Group PLC

     24,266        86,839  

Chesnara PLC

     30,904        105,390  

Clarkson PLC

     3,194        124,291  

Close Brothers Group PLC

     31,165        392,503  

CLS Holdings PLC

     81,454        155,594  

CMC Markets PLC(b)

     46,525        125,361  

Coats Group PLC

     162,899        129,720  

Concentric AB

     2,667        49,964  

Craneware PLC

     2,251        49,145  

Cranswick PLC

     6,573        243,367  

Crest Nicholson Holdings PLC

     65,852        187,419  

Currys PLC(a)

     167,677        108,111  

Devro PLC

     38,374        142,173  

DFS Furniture PLC

     65,575        122,264  

DiscoverIE Group PLC

     5,505        48,407  

Diversified Energy Co. PLC

     329,339        461,133  

Domino’s Pizza Group PLC

     64,352        227,118  

Dunelm Group PLC

     32,177        378,929  

EMIS Group PLC

     2,008        45,217  

Empiric Student Property PLC

     154,652        156,638  

Essentra PLC

     30,498        86,763  

FDM Group Holdings PLC

     20,863        187,970  

Fevertree Drinks PLC

     6,880        85,325  

Firstgroup PLC

     40,445        49,138  

Forterra PLC(b)

     59,458        133,460  

FRP Advisory Group PLC(a)

     27,482        52,562  

Galliford Try Holdings PLC

     28,489        54,488  

Gamma Communications PLC

     4,092        53,259  

Genuit Group PLC

     34,120        115,331  

Genus PLC

     2,820        101,223  

Grainger PLC

     55,485        168,192  

Great Portland Estates PLC

     21,224        126,375  

Greggs PLC

     9,824        277,234  

Halfords Group PLC

     39,028        98,119  

Hammerson PLC

     259,514        74,296  

Headlam Group PLC

     26,137        94,949  

Helical PLC

     14,503        58,181  

Hill & Smith PLC

     7,833        110,430  

Hilton Food Group PLC

     12,865        86,197  

Hunting PLC

     19,059        76,344  

I3 Energy PLC

     157,701        46,761  

Ibstock PLC(b)

     108,182        201,445  

Impax Asset Management Group PLC

     15,800      137,412  

IntegraFin Holdings PLC

     37,781        137,340  

Jadestone Energy PLC

     80,629        74,196  

James Halstead PLC(a)

     33,382        75,492  

Kainos Group PLC

     7,834        145,405  

Keller Group PLC

     11,055        106,384  

Learning Technologies Group PLC

     43,372        60,207  

Liontrust Asset Management PLC

     20,859        281,023  

Londonmetric Property PLC

     209,689        434,601  

Lookers PLC

     73,689        67,544  

LSL Property Services PLC

     13,555        40,763  

ME Group International PLC

     116,507        161,168  

Mears Group PLC

     23,320        58,347  

Mitie Group PLC

     124,909        112,089  

MJ Gleeson PLC(a)

     326        1,349  

Moneysupermarket.com Group PLC

     111,718        258,558  

Morgan Advanced Materials PLC

     39,566        149,683  

Morgan Sindall Group PLC

     9,441        173,756  

Mortgage Advice Bureau Holdings Ltd.

     192        1,224  

NCC Group PLC

     26,725        64,295  

Next Fifteen Communications Group PLC

     5,662        67,427  

Ninety One PLC(a)

     154,262        344,959  

Oxford Instruments PLC

     2,447        66,523  

Pagegroup PLC

     106,137        588,824  

Pan African Resources PLC(a)

     346,237        68,887  

PayPoint PLC

     20,019        122,812  

Pets at Home Group PLC

     68,134        232,434  

Premier Foods PLC

     32,535        42,502  

Primary Health Properties PLC

     240,468        320,499  

PZ Cussons PLC

     48,204        121,478  

Quilter PLC(b)

     265,016        296,218  

Redde Northgate PLC

     53,031        262,819  

Redrow PLC

     87,317        476,643  

RWS Holdings PLC

     53,257        240,620  

Safestore Holdings PLC

     28,083        319,231  

Savills PLC

     18,476        183,466  

Serica Energy PLC

     68,930        236,310  

Smart Metering Systems PLC

     19,353        182,047  

Speedy Hire PLC

     167,026        79,864  

Spirent Communications PLC

     45,676        142,963  

SThree PLC

     15,969        77,413  

TBC Bank Group PLC

     12,468        340,449  

Telecom Plus PLC

     10,611        280,169  

TORM PLC, Class A

     9,401        267,681  

TP ICAP Group PLC

     129,597        272,032  

Travis Perkins PLC

     31,655        338,664  

TT Electronics PLC

     834        1,746  

Tyman PLC

     41,181        111,705  

Vesuvius PLC

     54,432        264,655  

Victrex PLC

     8,742        167,937  

VIDENDUM PLC

     7,333        95,089  

Virgin Money UK PLC

     133,131        291,621  

Volution Group PLC

     13,901        61,034  

Watkin Jones PLC

     78,205        94,449  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

 

 

Investments    Shares      Value  

Wickes Group PLC

     86,137      $ 151,588  

Wincanton PLC

     23,182        93,975  

Workspace Group PLC

     33,372        178,477  

XPS Pensions Group PLC

     44,897        75,069  
     

 

 

 
Total United Kingdom

 

     17,914,407  

TOTAL COMMON STOCKS

(Cost: $115,380,887)

 

 

     120,417,201  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.5%

 

United States – 4.5%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 4.34%(d)

     
(Cost: $5,403,758)      5,403,758        5,403,758  

TOTAL INVESTMENTS IN SECURITIES – 105.3%

(Cost: $120,784,645)

 

 

     125,820,959  

Other Assets less Liabilities – (5.3)%

 

     (6,318,353
NET ASSETS – 100.0%

 

   $ 119,502,606  

 

* 

Non-income producing security.

 

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $13,799,312 and the total market value of the collateral held by the Fund was $14,723,167. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $9,319,409.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    1/5/2023       5,369,291       AUD       3,641,389       USD     $     $ (55

Bank of America NA

    1/5/2023       258,112       CHF       279,016       USD             (7

Bank of America NA

    1/5/2023       3,602,439       DKK       517,111       USD             (62

Bank of America NA

    1/5/2023       3,724,802       EUR       3,975,917       USD             (341

Bank of America NA

    1/5/2023       2,700,254       GBP       3,248,289       USD             (67

Bank of America NA

    1/5/2023       1,775,766       ILS       503,300       USD             (21

Bank of America NA

    1/5/2023       8,223,579       NOK       834,886       USD             (54

Bank of America NA

    1/5/2023       12,731,425       SEK       1,222,055       USD             (96

Bank of America NA

    1/5/2023       786,039       SGD       586,246       USD             (157

Bank of America NA

    1/6/2023       723,766,403       JPY       5,486,354       USD             (244

Bank of America NA

    2/3/2023       1,070,505       USD       1,576,658       AUD       5        

Bank of America NA

    2/3/2023       106,384       USD       98,113       CHF             (1

Bank of America NA

    2/3/2023       106,209       USD       738,203       DKK       26        

Bank of America NA

    2/3/2023       756,166       USD       706,977       EUR       142        

Bank of America NA

    2/3/2023       1,197,120       USD       994,383       GBP       21        

Bank of America NA

    2/3/2023       449,759       USD       1,585,061       ILS       1        

Bank of America NA

    2/3/2023       2,059,837       USD       270,751,566       JPY       22        

Bank of America NA

    2/3/2023       257,521       USD       2,533,554       NOK       28        

Bank of America NA

    2/3/2023       457,524       USD       4,758,454       SEK       67        

Bank of America NA

    2/3/2023       574,992       USD       770,633       SGD       104        

Citibank NA

    1/5/2023       242,619       AUD       163,337       USD       1,202        

Citibank NA

    1/5/2023       178,777       AUD       119,829       USD       1,414        

Citibank NA

    1/5/2023       11,709       CHF       12,515       USD       142        

Citibank NA

    1/5/2023       8,561       CHF       9,182       USD       72        

Citibank NA

    1/5/2023       163,830       DKK       23,195       USD       319        

Citibank NA

    1/5/2023       119,108       DKK       17,017       USD       78        

Citibank NA

    1/5/2023       169,371       EUR       178,342       USD       2,432        

Citibank NA

    1/5/2023       123,159       EUR       130,837       USD       614        

Citibank NA

    1/5/2023       119,354       GBP       145,704       USD             (2,129

Citibank NA

    1/5/2023       88,606       GBP       106,893       USD             (306

Citibank NA

    1/5/2023       77,406       ILS       22,576       USD             (638

Citibank NA

    1/5/2023       57,969       ILS       16,562       USD             (133

Citibank NA

    1/5/2023       374,483       NOK       37,449       USD       567        

Citibank NA

    1/5/2023       271,401       NOK       27,474       USD       78        

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Citibank NA

    1/5/2023       566,387       SEK       54,816       USD     $     $ (454

Citibank NA

    1/5/2023       422,787       SEK       40,215       USD       364        

Citibank NA

    1/5/2023       35,639       SGD       26,296       USD       277        

Citibank NA

    1/5/2023       26,054       SGD       19,292       USD       135        

Citibank NA

    1/5/2023       3,526,573       USD       5,257,774       AUD             (39,132

Citibank NA

    1/5/2023       3,526,573       USD       5,257,923       AUD             (39,233

Citibank NA

    1/5/2023       3,526,573       USD       5,257,907       AUD             (39,222

Citibank NA

    1/5/2023       3,526,573       USD       5,257,813       AUD             (39,159

Citibank NA

    1/5/2023       270,219       USD       256,265       CHF             (6,794

Citibank NA

    1/5/2023       270,220       USD       256,266       CHF             (6,794

Citibank NA

    1/5/2023       270,220       USD       256,263       CHF             (6,791

Citibank NA

    1/5/2023       270,220       USD       256,260       CHF             (6,788

Citibank NA

    1/5/2023       500,806       USD       3,606,869       DKK             (16,879

Citibank NA

    1/5/2023       500,807       USD       3,606,638       DKK             (16,845

Citibank NA

    1/5/2023       500,806       USD       3,606,490       DKK             (16,825

Citibank NA

    1/5/2023       500,806       USD       3,606,720       DKK             (16,858

Citibank NA

    1/5/2023       3,850,553       USD       3,728,591       EUR             (129,067

Citibank NA

    1/5/2023       3,850,552       USD       3,728,572       EUR             (129,048

Citibank NA

    1/5/2023       3,850,552       USD       3,728,637       EUR             (129,117

Citibank NA

    1/5/2023       3,850,552       USD       3,728,575       EUR             (129,052

Citibank NA

    1/5/2023       3,145,867       USD       2,638,150       GBP             (27,649

Citibank NA

    1/5/2023       3,145,867       USD       2,638,090       GBP             (27,577

Citibank NA

    1/5/2023       3,145,867       USD       2,638,121       GBP             (27,614

Citibank NA

    1/5/2023       3,145,867       USD       2,638,070       GBP             (27,553

Citibank NA

    1/5/2023       487,429       USD       1,679,078       ILS       11,553        

Citibank NA

    1/5/2023       487,430       USD       1,679,210       ILS       11,516        

Citibank NA

    1/5/2023       487,430       USD       1,679,182       ILS       11,524        

Citibank NA

    1/5/2023       808,560       USD       8,052,148       NOK             (8,869

Citibank NA

    1/5/2023       808,561       USD       8,052,096       NOK             (8,863

Citibank NA

    1/5/2023       808,561       USD       8,052,194       NOK             (8,873

Citibank NA

    1/5/2023       808,561       USD       8,052,095       NOK             (8,863

Citibank NA

    1/5/2023       1,183,524       USD       12,588,284       SEK             (24,696

Citibank NA

    1/5/2023       1,183,523       USD       12,588,194       SEK             (24,689

Citibank NA

    1/5/2023       1,183,523       USD       12,587,152       SEK             (24,589

Citibank NA

    1/5/2023       1,183,523       USD       12,588,199       SEK             (24,689

Citibank NA

    1/5/2023       567,761       USD       777,897       SGD             (12,258

Citibank NA

    1/5/2023       567,763       USD       777,899       SGD             (12,257

Citibank NA

    1/5/2023       567,763       USD       777,907       SGD             (12,263

Citibank NA

    1/5/2023       567,763       USD       777,898       SGD             (12,256

Citibank NA

    1/6/2023       33,509,586       JPY       246,094       USD       7,907        

Citibank NA

    1/6/2023       23,947,036       JPY       180,542       USD       975        

Citibank NA

    1/6/2023       5,313,363       USD       737,948,014       JPY             (280,242

Citibank NA

    1/6/2023       5,313,361       USD       737,962,613       JPY             (280,355

Citibank NA

    1/6/2023       5,313,363       USD       737,993,709       JPY             (280,589

Citibank NA

    1/6/2023       5,313,363       USD       737,941,106       JPY             (280,190

Goldman Sachs

    1/5/2023       5,369,310       AUD       3,641,391       USD             (44

Goldman Sachs

    1/5/2023       258,117       CHF       279,018       USD             (3

Goldman Sachs

    1/5/2023       3,602,348       DKK       517,112       USD             (76

Goldman Sachs

    1/5/2023       3,724,828       EUR       3,975,919       USD             (315

Goldman Sachs

    1/5/2023       2,700,266       GBP       3,248,290       USD             (53

Goldman Sachs

    1/5/2023       1,775,621       ILS       503,299       USD             (61

Goldman Sachs

    1/5/2023       8,223,963       NOK       834,886       USD             (15

Goldman Sachs

    1/5/2023       12,731,263       SEK       1,222,057       USD             (114

Goldman Sachs

    1/5/2023       786,210       SGD       586,248       USD             (31

Goldman Sachs

    1/5/2023       487,430       USD       1,679,326       ILS       11,484        

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Goldman Sachs

    1/6/2023       723,780,119       JPY       5,486,354       USD     $     $ (140

Goldman Sachs

    2/3/2023       1,070,507       USD       1,576,696       AUD             (18

Goldman Sachs

    2/3/2023       106,384       USD       98,115       CHF             (4

Goldman Sachs

    2/3/2023       106,208       USD       738,229       DKK       22        

Goldman Sachs

    2/3/2023       756,168       USD       706,986       EUR       133        

Goldman Sachs

    2/3/2023       1,197,120       USD       994,383       GBP       21        

Goldman Sachs

    2/3/2023       449,761       USD       1,584,762       ILS       88        

Goldman Sachs

    2/3/2023       2,059,839       USD       270,758,009       JPY             (25

Goldman Sachs

    2/3/2023       257,522       USD       2,533,528       NOK       32        

Goldman Sachs

    2/3/2023       457,526       USD       4,758,360       SEK       78        

Goldman Sachs

    2/3/2023       574,994       USD       770,743       SGD       24        

HSBC Holdings PLC

    1/5/2023       371,218       USD       549,298       AUD             (1,303

HSBC Holdings PLC

    1/5/2023       28,444       USD       26,586       CHF             (295

HSBC Holdings PLC

    1/5/2023       52,717       USD       371,482       DKK             (601

HSBC Holdings PLC

    1/5/2023       405,322       USD       384,015       EUR             (4,547

HSBC Holdings PLC

    1/5/2023       51,308       USD       174,313       ILS       1,905        

HSBC Holdings PLC

    1/5/2023       85,112       USD       839,928       NOK             (155

HSBC Holdings PLC

    1/5/2023       124,582       USD       1,287,474       SEK       1,011        

HSBC Holdings PLC

    1/5/2023       59,764       USD       80,890       SGD             (550

HSBC Holdings PLC

    1/6/2023       559,301       USD       75,914,148       JPY             (16,124

JP Morgan Chase Bank NA

    1/5/2023       5,369,326       AUD       3,641,391       USD             (34

JP Morgan Chase Bank NA

    1/5/2023       258,116       CHF       279,018       USD             (4

JP Morgan Chase Bank NA

    1/5/2023       3,602,553       DKK       517,112       USD             (46

JP Morgan Chase Bank NA

    1/5/2023       3,724,807       EUR       3,975,919       USD             (337

JP Morgan Chase Bank NA

    1/5/2023       2,700,279       GBP       3,248,290       USD             (37

JP Morgan Chase Bank NA

    1/5/2023       1,775,777       ILS       503,299       USD             (17

JP Morgan Chase Bank NA

    1/5/2023       8,223,661       NOK       834,886       USD             (45

JP Morgan Chase Bank NA

    1/5/2023       12,731,374       SEK       1,222,057       USD             (103

JP Morgan Chase Bank NA

    1/5/2023       786,218       SGD       586,248       USD             (25

JP Morgan Chase Bank NA

    1/5/2023       371,218       USD       548,315       AUD             (637

JP Morgan Chase Bank NA

    1/5/2023       28,444       USD       26,545       CHF             (250

JP Morgan Chase Bank NA

    1/5/2023       52,717       USD       371,034       DKK             (537

JP Morgan Chase Bank NA

    1/5/2023       405,322       USD       383,523       EUR             (4,022

JP Morgan Chase Bank NA

    1/5/2023       331,144       USD       270,760       GBP       5,438        

JP Morgan Chase Bank NA

    1/5/2023       51,308       USD       175,863       ILS       1,466        

JP Morgan Chase Bank NA

    1/5/2023       85,112       USD       848,173       NOK             (992

JP Morgan Chase Bank NA

    1/5/2023       124,582       USD       1,286,430       SEK       1,111        

JP Morgan Chase Bank NA

    1/5/2023       59,764       USD       80,866       SGD             (531

JP Morgan Chase Bank NA

    1/6/2023       723,785,605       JPY       5,486,354       USD             (99

JP Morgan Chase Bank NA

    1/6/2023       559,301       USD       76,073,940       JPY             (17,335

JP Morgan Chase Bank NA

    2/3/2023       1,070,507       USD       1,576,652       AUD       12        

JP Morgan Chase Bank NA

    2/3/2023       106,384       USD       98,116       CHF             (4

JP Morgan Chase Bank NA

    2/3/2023       106,208       USD       738,218       DKK       23        

JP Morgan Chase Bank NA

    2/3/2023       756,168       USD       706,983       EUR       138        

JP Morgan Chase Bank NA

    2/3/2023       1,197,120       USD       994,395       GBP       7        

JP Morgan Chase Bank NA

    2/3/2023       449,761       USD       1,584,808       ILS       75        

JP Morgan Chase Bank NA

    2/3/2023       2,059,839       USD       270,758,009       JPY             (25

JP Morgan Chase Bank NA

    2/3/2023       257,522       USD       2,533,524       NOK       32        

JP Morgan Chase Bank NA

    2/3/2023       457,526       USD       4,758,524       SEK       62        

JP Morgan Chase Bank NA

    2/3/2023       574,994       USD       770,762       SGD       10        

Morgan Stanley & Co. International

    1/5/2023       5,369,326       AUD       3,641,391       USD             (34

Morgan Stanley & Co. International

    1/5/2023       258,116       CHF       279,018       USD             (4

Morgan Stanley & Co. International

    1/5/2023       3,602,548       DKK       517,112       USD             (47

Morgan Stanley & Co. International

    1/5/2023       3,724,807       EUR       3,975,919       USD             (337

Morgan Stanley & Co. International

    1/5/2023       2,700,281       GBP       3,248,290       USD             (34

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Morgan Stanley & Co. International

    1/5/2023       1,775,724       ILS       503,299       USD     $     $ (32

Morgan Stanley & Co. International

    1/5/2023       8,223,654       NOK       834,886       USD             (46

Morgan Stanley & Co. International

    1/5/2023       12,731,521       SEK       1,222,057       USD             (89

Morgan Stanley & Co. International

    1/5/2023       786,217       SGD       586,248       USD             (26

Morgan Stanley & Co. International

    1/6/2023       723,780,014       JPY       5,486,354       USD             (141

Morgan Stanley & Co. International

    2/3/2023       1,070,507       USD       1,576,672       AUD             (2

Morgan Stanley & Co. International

    2/3/2023       106,384       USD       98,114       CHF             (2

Morgan Stanley & Co. International

    2/3/2023       106,208       USD       738,228       DKK       22        

Morgan Stanley & Co. International

    2/3/2023       756,168       USD       706,983       EUR       138        

Morgan Stanley & Co. International

    2/3/2023       1,197,120       USD       994,404       GBP             (4

Morgan Stanley & Co. International

    2/3/2023       449,761       USD       1,584,942       ILS       37        

Morgan Stanley & Co. International

    2/3/2023       2,059,839       USD       270,757,970       JPY             (24

Morgan Stanley & Co. International

    2/3/2023       257,522       USD       2,533,605       NOK       24        

Morgan Stanley & Co. International

    2/3/2023       457,526       USD       4,758,455       SEK       69        

Morgan Stanley & Co. International

    2/3/2023       574,994       USD       770,829       SGD             (41

Standard Chartered Bank

    1/3/2023       1,000       AUD       677       USD       2        
                                            $ 75,049     $ (2,237,720

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 120,417,201      $      $      $ 120,417,201  

Investment of Cash Collateral for Securities Loaned

            5,403,758               5,403,758  

Total Investments in Securities

   $ 120,417,201      $ 5,403,758      $      $ 125,820,959  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 75,049      $      $ 75,049  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (2,237,720    $      $ (2,237,720

Total – Net

   $ 120,417,201      $ 3,241,087      $      $ 123,658,288  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited)

WisdomTree Emerging Markets ESG Fund (RESE)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.0%

 

Brazil – 4.3%

 

Ambev SA

     46,014      $ 126,545  

B3 SA - Brasil Bolsa Balcao

     54,854        137,245  

Banco Santander Brasil SA

     11,943        63,767  

CCR SA

     35,977        73,729  

Cia Siderurgica Nacional SA

     9,527        26,255  

CPFL Energia SA

     8,994        56,556  

Energisa SA

     7,968        66,720  

Equatorial Energia SA

     13,832        70,788  

Hypera SA

     4,492        38,456  

Lojas Renner SA

     12,581        48,801  

Magazine Luiza SA*

     41,876        21,732  

Raia Drogasil SA

     9,387        42,172  

Suzano SA

     7,904        72,217  

Telefonica Brasil SA

     22,355        162,378  

TOTVS SA

     9,686        50,670  
     

 

 

 
Total Brazil

 

     1,058,031  
Chile – 0.4%

 

Banco Santander Chile

     1,652,576        65,855  

Cia Cervecerias Unidas SA

     4,844        32,210  
     

 

 

 
Total Chile

 

     98,065  
China – 26.2%

 

3SBio, Inc.(a)

     131,000        139,309  

Alibaba Group Holding Ltd.*

     58,500        646,465  

Alibaba Health Information Technology Ltd.*

     44,000        37,489  

ANTA Sports Products Ltd.

     10,000        131,071  

Avary Holding Shenzhen Co. Ltd., Class A

     11,400        45,212  

Beijing Kingsoft Office Software, Inc., Class A

     600        22,936  

Beijing United Information Technology Co. Ltd., Class A

     1,800        23,008  

Bosideng International Holdings Ltd.

     54,000        25,668  

BYD Co. Ltd., Class H

     7,500        185,075  

China Energy Engineering Corp. Ltd., Class A

     83,200        27,538  

China Feihe Ltd.(a)

     119,000        101,238  

China Hongqiao Group Ltd.

     68,000        64,211  

China Medical System Holdings Ltd.

     72,000        113,282  

China Meidong Auto Holdings Ltd.

     20,000        41,051  

China Minsheng Banking Corp. Ltd., Class H(b)

     285,800        98,868  

Dali Foods Group Co. Ltd.(a)

     171,200        78,088  

Daqo New Energy Corp., ADR*

     1,029        39,730  

Dongyue Group Ltd.

     82,000        90,248  

ENN Energy Holdings Ltd.

     10,100        141,828  

ENN Natural Gas Co. Ltd., Class A

     10,000        23,270  

Fosun International Ltd.

     44,000        35,854  

Foxconn Industrial Internet Co. Ltd., Class A

     25,500        33,834  

Fuyao Glass Industry Group Co. Ltd., Class H(a)

     10,000        41,961  

Ganfeng Lithium Group Co. Ltd., Class H(a)(b)

     3,000        22,409  

Geely Automobile Holdings Ltd.

     53,000        77,412  

Great Wall Motor Co. Ltd., Class H(b)

     61,000        79,406  

Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A

     2,900        24,746  

H World Group Ltd., ADR

     951        40,341  

Haidilao International Holding Ltd.*(a)(b)

     29,000      83,229  

Haier Smart Home Co. Ltd., Class H

     10,000        34,081  

Haitian International Holdings Ltd.(b)

     36,000        96,400  

Hansoh Pharmaceutical Group Co. Ltd.(a)(b)

     60,000        114,081  

Hengan International Group Co. Ltd.

     18,600        98,780  

Inner Mongolia ERDOS Resources Co. Ltd., Class A

     11,100        24,369  

JD.com, Inc., Class A

     5,764        162,619  

Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A

     10,300        47,430  

Jiumaojiu International Holdings Ltd.(a)(b)

     32,000        85,484  

Joincare Pharmaceutical Group Industry Co. Ltd., Class A

     22,200        36,225  

Jointown Pharmaceutical Group Co. Ltd., Class A

     24,700        46,552  

Keda Industrial Group Co. Ltd.

     17,200        35,326  

Kingboard Holdings Ltd.

     23,500        74,821  

Li Auto, Inc., ADR*

     1,171        23,888  

Li Ning Co. Ltd.

     20,000        173,608  

Lufax Holding Ltd., ADR

     12,667        24,574  

Meituan, Class B*(a)

     3,900        87,295  

Minth Group Ltd.

     18,000        48,777  

Nongfu Spring Co. Ltd., Class H(a)

     20,200        114,135  

Pinduoduo, Inc., ADR*

     509        41,509  

Ping An Bank Co. Ltd., Class A

     14,200        27,009  

Ping An Healthcare and Technology Co. Ltd.*(a)(b)

     11,800        32,203  

Ping An Insurance Group Co. of China Ltd., Class H

     41,000        271,321  

Pop Mart International Group Ltd.(a)(b)

     10,200        25,902  

Sany Heavy Equipment International Holdings Co. Ltd.

     81,000        83,232  

Shandong Weigao Group Medical Polymer Co. Ltd., Class H

     76,800        126,148  

Shanghai Baosight Software Co. Ltd., Class B

     21,920        67,842  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H(b)

     31,000        99,296  

Shenzhen Inovance Technology Co. Ltd., Class A

     2,500        25,113  

Shenzhou International Group Holdings Ltd.

     2,700        30,373  

Sichuan Hebang Biotechnology Co. Ltd., Class A

     50,800        22,320  

Sichuan Yahua Industrial Group Co. Ltd., Class A

     6,800        22,851  

Sino Biopharmaceutical Ltd.

     201,000        117,691  

Suzhou TA&A Ultra Clean Technology Co. Ltd., Class A

     4,900        39,575  

TAL Education Group, ADR*

     11,899        83,888  

TBEA Co. Ltd., Class A

     7,800        22,637  

Tingyi Cayman Islands Holding Corp.(b)

     60,000        105,933  

Tongcheng Travel Holdings Ltd.*(b)

     44,000        105,871  

Tongwei Co. Ltd., Class A

     3,600        20,074  

Topsports International Holdings Ltd.(a)

     61,000        48,378  

Trip.com Group Ltd., ADR*

     3,573        122,911  

Uni-President China Holdings Ltd.

     99,000        99,064  

Vipshop Holdings Ltd., ADR*

     8,185        111,643  

Want Want China Holdings Ltd.(b)

     151,600        101,391  

Xinjiang Goldwind Science & Technology Co. Ltd., Class H

     59,800        53,250  

XPeng, Inc., Class A, ADR*(b)

     2,270        22,564  

Xtep International Holdings Ltd.(b)

     22,500        25,051  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ESG Fund (RESE)

December 31, 2022

 

 

 

Investments    Shares      Value  

Yadea Group Holdings Ltd.(a)

     60,000      $ 100,398  

YongXing Special Materials Technology Co. Ltd., Class A

     1,800        23,979  

YTO Express Group Co. Ltd., Class A

     9,700        28,166  

Yum China Holdings, Inc.

     2,896        158,266  

Zangge Mining Co. Ltd., Class A

     6,100        22,896  

ZhongAn Online P&C Insurance Co. Ltd., Class H*(a)(b)

     32,600        89,802  

Zhongsheng Group Holdings Ltd.

     11,000        56,586  

ZTO Express Cayman, Inc., ADR

     5,034        135,264  
     

 

 

 
Total China

 

     6,413,619  
Hong Kong – 0.8%

 

Kingboard Laminates Holdings Ltd.

     80,500        88,494  

Super Hi International Holding Ltd.*

     2,900        3,693  

Vinda International Holdings Ltd.

     40,000        117,874  
     

 

 

 
Total Hong Kong

 

     210,061  
India – 15.7%

 

Adani Green Energy Ltd.*

     4,333        101,178  

Adani Total Gas Ltd.

     3,866        172,568  

Ambuja Cements Ltd.

     23,408        148,291  

Asian Paints Ltd.

     4,138        154,451  

AU Small Finance Bank Ltd.(a)

     5,798        45,866  

Axis Bank Ltd.

     15,037        169,718  

Bajaj Auto Ltd.

     1,720        75,180  

Balkrishna Industries Ltd.

     1,310        33,748  

Bandhan Bank Ltd.*(a)

     8,612        24,380  

Berger Paints India Ltd.

     3,358        23,597  

Cipla Ltd.

     6,329        82,312  

Colgate-Palmolive India Ltd.

     3,973        73,779  

Dabur India Ltd.

     9,332        63,332  

Divi’s Laboratories Ltd.

     1,250        51,571  

Dr. Reddy’s Laboratories Ltd.

     1,545        79,137  

Godrej Consumer Products Ltd.*

     7,183        75,889  

Grasim Industries Ltd.

     3,756        78,248  

Havells India Ltd.

     4,815        64,019  

HCL Technologies Ltd.

     8,886        111,631  

HDFC Life Insurance Co. Ltd.(a)

     6,749        46,194  

Hero MotoCorp Ltd.

     2,253        74,588  

ICICI Bank Ltd.

     24,090        259,405  

ICICI Lombard General Insurance Co. Ltd.(a)

     2,738        40,933  

ICICI Prudential Life Insurance Co. Ltd.(a)

     5,921        32,300  

Indus Towers Ltd.

     60,784        139,929  

Infosys Ltd.

     17,088        311,521  

JSW Steel Ltd.

     9,101        84,492  

Kotak Mahindra Bank Ltd.

     4,450        98,287  

LTIMindtree Ltd.(a)

     1,013        53,453  

Marico Ltd.

     16,199        99,831  

Maruti Suzuki India Ltd.

     931        94,468  

Mphasis Ltd.

     1,853        44,187  

Nestle India Ltd.

     407        96,454  

Page Industries Ltd.

     87        45,048  

PI Industries Ltd.

     1,127        46,588  

Samvardhana Motherson International Ltd.

     22,084        19,794  

Siemens Ltd.

     1,500      51,246  

SRF Ltd.

     1,731        47,922  

Sun Pharmaceutical Industries Ltd.

     4,609        55,789  

Tata Elxsi Ltd.

     457        34,723  

Tech Mahindra Ltd.

     7,560        92,880  

Torrent Pharmaceuticals Ltd.

     3,600        67,474  

UltraTech Cement Ltd.

     1,470        123,653  

UPL Ltd.

     4,428        38,331  

Wipro Ltd.

     17,520        83,174  

Zomato Ltd.*

     33,200        23,797  
     

 

 

 
Total India

 

     3,835,356  
Indonesia – 1.7%

 

Bank Central Asia Tbk PT

     365,900        200,960  

Bank Jago Tbk PT*

     94,300        22,534  

Barito Pacific Tbk PT

     446,572        21,658  

Indofood CBP Sukses Makmur Tbk PT

     49,900        32,054  

Indofood Sukses Makmur Tbk PT

     70,000        30,239  

Kalbe Farma Tbk PT

     609,300        81,801  

Merdeka Copper Gold Tbk PT*

     97,600        25,830  
     

 

 

 
Total Indonesia

 

     415,076  
Malaysia – 1.5%

 

AMMB Holdings Bhd

     40,600        38,157  

HAP Seng Consolidated Bhd

     21,000        30,511  

Hong Leong Bank Bhd

     20,200        94,282  

Hong Leong Financial Group Bhd

     16,500        69,671  

MR DIY Group M Bhd(a)

     53,100        24,109  

Nestle Malaysia Bhd

     3,200        101,703  
     

 

 

 
Total Malaysia

 

     358,433  
Mexico – 4.6%

 

Alfa SAB de CV, Class A

     36,100        22,989  

America Movil SAB de CV, Series L

     287,120        260,492  

Arca Continental SAB de CV

     16,502        133,999  

Cemex SAB de CV, Series CPO*

     216,610        87,590  

Coca-Cola Femsa SAB de CV

     17,899        121,095  

Gruma SAB de CV, Class B

     2,294        30,694  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     2,615        61,011  

Grupo Bimbo SAB de CV, Series A

     37,897        160,166  

Grupo Financiero Banorte SAB de CV, Class O

     24,106        173,071  

Kimberly-Clark de Mexico SAB de CV, Class A

     48,440        82,203  
     

 

 

 
Total Mexico

 

     1,133,310  
Philippines – 1.4%

 

Globe Telecom, Inc.

     4,727        184,915  

Jollibee Foods Corp.

     7,120        29,386  

PLDT, Inc.

     5,530        130,690  
     

 

 

 
Total Philippines

 

     344,991  
Poland – 0.9%

 

Orange Polska SA

     130,497        197,133  

Santander Bank Polska SA

     590        34,892  
     

 

 

 
Total Poland

 

     232,025  
Russia – 0.0%

 

Novolipetsk Steel PJSC*

     27,720        0  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ESG Fund (RESE)

December 31, 2022

 

 

 

Investments    Shares      Value  

PhosAgro PJSC, GDR*(c)

     1,150      $ 0  

Polyus PJSC, GDR*(c)

     436        0  

TCS Group Holding PLC, GDR*(c)

     872        0  

X5 Retail Group NV, GDR*(c)

     2,404        0  
     

 

 

 
Total Russia

 

     0  
South Africa – 6.1%

 

Absa Group Ltd.

     8,777        100,021  

Anglo American Platinum Ltd.

     1,059        88,683  

AngloGold Ashanti Ltd.

     5,103        98,740  

Clicks Group Ltd.

     4,468        70,921  

FirstRand Ltd.

     39,805        145,324  

Gold Fields Ltd.

     10,799        111,798  

Harmony Gold Mining Co. Ltd.

     18,902        65,321  

Impala Platinum Holdings Ltd.

     8,591        107,616  

Mr. Price Group Ltd.

     4,321        40,363  

Nedbank Group Ltd.

     6,519        81,446  

Old Mutual Ltd.

     84,978        52,240  

Pepkor Holdings Ltd.(a)

     23,415        27,523  

Remgro Ltd.

     4,679        36,582  

Sibanye Stillwater Ltd.

     28,223        74,178  

Standard Bank Group Ltd.

     11,881        117,162  

Vodacom Group Ltd.

     23,109        166,646  

Woolworths Holdings Ltd.

     29,082        113,542  
     

 

 

 
Total South Africa

 

     1,498,106  
South Korea – 14.6%

 

CJ CheilJedang Corp.

     314        94,486  

Coway Co. Ltd.*

     1,397        61,757  

DB Insurance Co. Ltd.*

     2,093        108,085  

Doosan Bobcat, Inc.

     989        27,062  

Hana Financial Group, Inc.

     3,800        126,366  

Hankook Tire & Technology Co. Ltd.*

     2,249        55,402  

Hanon Systems

     4,068        26,026  

Hanwha Solutions Corp.*

     1,817        61,788  

Hyundai Glovis Co. Ltd.*

     614        79,390  

Hyundai Steel Co.*

     2,564        62,047  

KakaoBank Corp.*

     2,485        47,754  

KB Financial Group, Inc.

     3,578        137,235  

Korea Investment Holdings Co. Ltd.*

     604        25,459  

Korea Zinc Co. Ltd.*

     74        33,006  

LG Chem Ltd.

     327        155,160  

LG Electronics, Inc.*

     1,284        87,834  

LG Innotek Co. Ltd.*

     310        61,902  

LG Uplus Corp.

     19,371        169,276  

Lotte Chemical Corp.*

     410        57,877  

Meritz Financial Group, Inc.*

     2,046        69,090  

Meritz Fire & Marine Insurance Co. Ltd.*

     920        36,160  

Meritz Securities Co. Ltd.*

     18,013        88,890  

Mirae Asset Securities Co. Ltd.*

     6,278        30,186  

NH Investment & Securities Co. Ltd.*

     5,615        38,943  

Pan Ocean Co. Ltd.*

     6,528        29,581  

POSCO Chemical Co. Ltd.

     224        31,886  

Samsung Electro-Mechanics Co. Ltd.*

     796        82,149  

Samsung Electronics Co. Ltd.

     21,066        921,273  

Samsung Engineering Co. Ltd.*

     4,719      83,035  

Samsung Fire & Marine Insurance Co. Ltd.*

     566        89,522  

Samsung Life Insurance Co. Ltd.*

     1,428        80,180  

Samsung SDS Co. Ltd.*

     557        54,180  

Samsung Securities Co. Ltd.*

     2,148        53,424  

Shinhan Financial Group Co. Ltd.

     4,669        129,971  

SK Chemicals Co. Ltd.

     547        31,665  

SK Hynix, Inc.

     2,999        177,877  

Woori Financial Group, Inc.

     7,322        66,880  
     

 

 

 
Total South Korea

 

     3,572,804  
Taiwan – 16.7%

 

Acer, Inc.

     56,000        42,908  

Advantech Co. Ltd.

     5,499        59,220  

ASE Technology Holding Co. Ltd.

     20,000        61,102  

Asia Cement Corp.

     20,000        26,679  

Asustek Computer, Inc.

     5,000        43,679  

Catcher Technology Co. Ltd.

     6,000        32,991  

Cathay Financial Holding Co. Ltd.

     70,159        91,307  

Cheng Shin Rubber Industry Co. Ltd.

     24,000        26,471  

China Development Financial Holding Corp.

     215,114        88,186  

Compal Electronics, Inc.

     38,000        28,498  

CTBC Financial Holding Co. Ltd.

     137,720        99,026  

Delta Electronics, Inc.

     10,000        93,215  

E Ink Holdings, Inc.

     7,000        36,668  

E.Sun Financial Holding Co. Ltd.

     99,293        77,695  

Eclat Textile Co. Ltd.

     2,000        32,243  

Evergreen Marine Corp. Taiwan Ltd.*

     14,800        78,489  

Far Eastern New Century Corp.

     45,000        46,705  

Far EasTone Telecommunications Co. Ltd.

     57,000        122,214  

Feng TAY Enterprise Co. Ltd.

     8,200        55,093  

Fubon Financial Holding Co. Ltd.

     66,561        121,924  

Giant Manufacturing Co. Ltd.

     4,145        27,039  

Hon Hai Precision Industry Co. Ltd.

     48,880        158,875  

Hotai Motor Co. Ltd.

     1,000        19,131  

Inventec Corp.

     31,000        26,476  

Lite-On Technology Corp.

     17,014        35,317  

MediaTek, Inc.

     7,000        142,343  

Micro-Star International Co. Ltd.

     9,000        34,992  

momo.com, Inc.

     1,200        25,065  

Nan Ya Printed Circuit Board Corp.

     3,000        22,157  

Nanya Technology Corp.

     14,000        23,322  

Nien Made Enterprise Co. Ltd.

     3,000        28,745  

Novatek Microelectronics Corp.

     3,000        30,795  

Pegatron Corp.

     13,000        26,858  

Pou Chen Corp.

     29,000        32,269  

Quanta Computer, Inc.

     18,000        42,342  

Shanghai Commercial & Savings Bank Ltd.

     25,759        36,918  

Shin Kong Financial Holding Co. Ltd.

     110,297        31,472  

SinoPac Financial Holdings Co. Ltd.

     111,180        60,590  

Synnex Technology International Corp.

     24,150        46,516  

Taishin Financial Holding Co. Ltd.

     82,700        40,629  

Taiwan Semiconductor Manufacturing Co. Ltd.

     103,000        1,503,001  

Unimicron Technology Corp.

     7,000        27,330  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


 

Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets ESG Fund (RESE)

December 31, 2022

 

 

 

Investments    Shares      Value  

United Microelectronics Corp.*

     60,000      $ 79,452  

Voltronic Power Technology Corp.

     1,000        50,268  

Walsin Lihwa Corp.

     22,000        33,785  

Wan Hai Lines Ltd.

     9,440        24,602  

Wiwynn Corp.

     1,000        25,931  

WPG Holdings Ltd.

     16,000        25,039  

Yageo Corp.

     2,000        29,347  

Yuanta Financial Holding Co. Ltd.

     145,743        102,898  

Zhen Ding Technology Holding Ltd.

     7,000        23,914  
     

 

 

 
Total Taiwan

 

     4,081,731  
Thailand – 1.7%

 

Asset World Corp. PCL, NVDR

     158,500        28,831  

Bangkok Dusit Medical Services PCL, NVDR

     72,100        60,370  

Delta Electronics Thailand PCL, NVDR

     3,100        74,289  

Energy Absolute PCL, NVDR

     16,000        44,810  

Gulf Energy Development PCL, NVDR

     26,400        42,114  

Home Product Center PCL, NVDR

     59,600        26,672  

Indorama Ventures PCL, NVDR

     42,700        50,239  

Kasikornbank PCL, NVDR

     12,800        54,511  

Thai Union Group PCL, NVDR

     78,800        38,450  
     

 

 

 
Total Thailand

 

     420,286  
Turkey – 1.4%

 

Turkcell Iletisim Hizmetleri AS

     139,074        281,424  

Turkiye Is Bankasi AS, Class C

     84,111        57,379  
     

 

 

 
Total Turkey

 

     338,803  

TOTAL COMMON STOCKS

(Cost: $22,415,207)

              24,010,697  
PREFERRED STOCKS – 2.1%

 

Brazil – 2.1%

 

Banco Bradesco SA

     45,694        131,117  

Braskem SA, Class A

     8,320        37,442  

Gerdau SA

     7,877        43,818  

Itau Unibanco Holding SA

     39,261      185,904  

Itausa SA

     68,539        110,472  

TOTAL PREFERRED STOCKS

(Cost: $592,850)

              508,753  
RIGHTS – 0.0%

 

South Korea – 0.0%

 

Lotte Chemical Corp., expiring 1/20/23*

     
(Cost: $0)      82        2,303  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.7%

 

United States – 1.7%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(d)

     
(Cost: $413,113)      413,113        413,113  

TOTAL INVESTMENTS IN SECURITIES – 101.8%

(Cost: $23,421,170)

 

 

     24,934,866  

Other Assets less Liabilities – (1.8)%

 

     (448,389
  

 

 

 
NET ASSETS – 100.0%

 

   $ 24,486,477  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $974,306 and the total market value of the collateral held by the Fund was $1,042,669. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $629,556.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Russia

   $      $      $ 0 *     $ 0  

Other

     24,010,697                      24,010,697  

Preferred Stocks

     508,753                      508,753  

Rights

            2,303               2,303  

Investment of Cash Collateral for Securities Loaned

            413,113               413,113  

Total Investments in Securities

   $ 24,519,450      $ 415,416      $ 0      $ 24,934,866  
* 

Fair valuations using significant unobservable inputs were determined by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

Brazil – 5.8%

 

Aerospace & Defense – 0.1%

 

Embraer SA*

     4,815      $ 13,050  
Banks – 0.3%

 

Banco Bradesco SA

     10,154        25,906  

Banco Santander Brasil SA

     1,905        10,171  

Itau Unibanco Holding SA

     2,477        10,270  
     

 

 

 
Total Banks

 

     46,347  
Beverages – 0.6%

 

Ambev SA

     30,404        83,615  
Capital Markets – 0.6%

 

B3 SA – Brasil Bolsa Balcao

     35,362        88,476  
Diversified Telecommunication Services – 0.1%

 

Telefonica Brasil SA

     2,850        20,701  
Electric Utilities – 0.4%

 

CPFL Energia SA

     1,181        7,426  

Energisa SA

     1,149        9,621  

Equatorial Energia SA

     4,964        25,404  

Transmissora Alianca de Energia Eletrica SA

     1,464        9,614  
     

 

 

 
Total Electric Utilities

 

     52,065  
Electrical Equipment – 0.4%

 

WEG SA

     8,539        62,283  
Food & Staples Retailing – 0.4%

 

Atacadao SA

     3,566        9,982  

Raia Drogasil SA

     6,818        30,631  

Sendas Distribuidora SA

     5,162        19,036  
     

 

 

 
Total Food & Staples Retailing

 

     59,649  
Food Products – 0.0%

 

BRF SA*

     3,759        5,895  
Health Care Providers & Services – 0.4%

 

Hapvida Participacoes e Investimentos SA*(a)

     30,247        29,103  

Rede D’Or Sao Luiz SA(a)

     4,858        27,217  
     

 

 

 
Total Health Care Providers & Services

 

     56,320  
Independent Power & Renewable Electricity Producers – 0.1%

 

Engie Brasil Energia SA

     1,783        12,792  
Internet & Direct Marketing Retail – 0.0%

 

Americanas SA

     3,066        5,604  
Metals & Mining – 0.1%

 

Cia Siderurgica Nacional SA

     3,525        9,714  
Multiline Retail – 0.0%

 

Magazine Luiza SA*

     14,197        7,368  
Oil, Gas & Consumable Fuels – 0.5%

 

3R Petroleum Oleo E Gas SA*

     915        6,542  

Cosan SA

     8,413        27,280  

Petro Rio SA*

     3,638        25,639  

Ultrapar Participacoes SA

     4,333        10,349  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     69,810  
Paper & Forest Products – 0.3%

 

Suzano SA

     4,727      43,190  
Personal Products – 0.1%

 

Natura & Co. Holding SA

     5,576        12,261  
Pharmaceuticals – 0.1%

 

Hypera SA

     2,548        21,814  
Real Estate Management & Development – 0.1%

 

BR Malls Participacoes SA

     5,194        8,165  

Multiplan Empreendimentos Imobiliarios SA

     1,859        7,711  
     

 

 

 
Total Real Estate Management & Development

 

     15,876  
Road & Rail – 0.5%

 

Localiza Rent a Car SA

     4,545        45,796  

Rumo SA

     6,802        23,976  
     

 

 

 
Total Road & Rail

 

     69,772  
Software – 0.1%

 

TOTVS SA

     2,759        14,433  
Specialty Retail – 0.3%

 

Lojas Renner SA

     5,921        22,968  

Vibra Energia SA

     7,171        21,120  
     

 

 

 
Total Specialty Retail

 

     44,088  
Textiles, Apparel & Luxury Goods – 0.1%

 

Arezzo Industria e Comercio SA

     384        5,691  

Grupo De Moda Soma SA

     3,549        6,816  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     12,507  
Transportation Infrastructure – 0.1%

 

CCR SA

     7,835        16,057  
Wireless Telecommunication Services – 0.1%

 

TIM SA

     5,368        12,607  
     

 

 

 
Total Brazil

 

     856,294  
Chile – 0.5%

 

Banks – 0.2%

 

Banco de Chile

     167,907        17,344  

Banco de Credito e Inversiones SA

     258        7,386  

Banco Santander Chile

     226,150        9,012  
     

 

 

 
Total Banks

 

     33,742  
Food & Staples Retailing – 0.1%

 

Cencosud SA

     5,190        8,498  
Marine – 0.0%

 

Cia Sud Americana de Vapores SA

     67,527        5,311  
Multiline Retail – 0.0%

 

Falabella SA

     3,237        6,269  
Oil, Gas & Consumable Fuels – 0.1%

 

Empresas COPEC SA

     1,433        10,646  
Paper & Forest Products – 0.1%

 

Empresas CMPC SA

     5,054        8,399  
     

 

 

 
Total Chile

 

     72,865  
Czech Republic – 0.2%

 

Banks – 0.2%

 

Komercni Banka AS

     1,067        30,880  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  
Hungary – 0.3%

 

Banks – 0.1%

 

OTP Bank Nyrt

     888      $ 23,926  
Oil, Gas & Consumable Fuels – 0.1%

 

MOL Hungarian Oil & Gas PLC

     1,703        11,810  
Pharmaceuticals – 0.1%

 

Richter Gedeon Nyrt

     430        9,512  
     

 

 

 
Total Hungary

 

     45,248  
India – 26.9%

 

Airlines – 0.1%

 

InterGlobe Aviation Ltd.*(a)

     474        11,503  
Auto Components – 0.7%

 

Apollo Tyres Ltd.

     1,553        6,088  

Balkrishna Industries Ltd.

     372        9,583  

Bharat Forge Ltd.

     1,223        13,007  

Bosch Ltd.

     42        8,765  

Motherson Sumi Wiring India Ltd.

     9,607        6,770  

MRF Ltd.

     13        13,912  

Samvardhana Motherson International Ltd.

     8,704        7,801  

Sona Blw Precision Forgings Ltd.(a)

     933        4,731  

Sundram Fasteners Ltd.

     546        6,413  

Tube Investments of India Ltd.

     480        16,104  

UNO Minda Ltd.

     901        5,676  
     

 

 

 
Total Auto Components

 

     98,850  
Automobiles – 1.8%

 

Bajaj Auto Ltd.

     324        14,162  

Eicher Motors Ltd.

     740        28,871  

Hero MotoCorp Ltd.

     662        21,916  

Mahindra & Mahindra Ltd.

     4,860        73,385  

Maruti Suzuki India Ltd.

     659        66,869  

Tata Motors Ltd.*

     8,942        41,932  

TVS Motor Co. Ltd.

     1,089        14,287  
     

 

 

 
Total Automobiles

 

     261,422  
Banks – 3.9%

 

AU Small Finance Bank Ltd.(a)

     1,609        12,728  

Axis Bank Ltd.

     12,529        141,411  

Bandhan Bank Ltd.*(a)

     3,575        10,120  

Federal Bank Ltd.

     7,314        12,293  

ICICI Bank Ltd.

     24,752        266,534  

IDFC First Bank Ltd.*

     13,987        9,941  

Kotak Mahindra Bank Ltd.

     5,345        118,055  
     

 

 

 
Total Banks

 

     571,082  
Beverages – 0.3%

 

Radico Khaitan Ltd.

     385        4,711  

United Breweries Ltd.

     368        7,561  

United Spirits Ltd.*

     1,472        15,614  

Varun Beverages Ltd.

     1,111        17,761  
     

 

 

 
Total Beverages

 

     45,647  
Biotechnology – 0.1%

 

Biocon Ltd.

     2,457        7,777  
Building Products – 0.1%

 

Astral Ltd.

     455      10,801  

Kajaria Ceramics Ltd.

     462        6,479  
     

 

 

 
Total Building Products

 

     17,280  
Capital Markets – 0.1%

 

HDFC Asset Management Co. Ltd.(a)

     368        9,704  

IDFC Ltd.

     5,677        5,579  
     

 

 

 
Total Capital Markets

 

     15,283  
Chemicals – 1.4%

 

Aarti Industries Ltd.

     977        7,205  

Asian Paints Ltd.

     2,299        85,810  

Atul Ltd.

     84        8,385  

Berger Paints India Ltd.

     1,314        9,234  

Carborundum Universal Ltd.

     510        5,395  

Coromandel International Ltd.

     597        6,402  

Deepak Nitrite Ltd.

     306        7,343  

Gujarat Fluorochemicals Ltd.

     175        6,580  

Navin Fluorine International Ltd.

     162        7,968  

PI Industries Ltd.

     405        16,742  

Solar Industries India Ltd.

     113        5,989  

SRF Ltd.

     714        19,767  

Supreme Industries Ltd.

     335        9,921  

Tata Chemicals Ltd.

     684        7,748  
     

 

 

 
Total Chemicals

 

     204,489  
Construction & Engineering – 0.1%

 

Voltas Ltd.

     1,213        11,728  
Construction Materials – 1.1%

 

ACC Ltd.

     444        13,104  

Ambuja Cements Ltd.

     3,562        22,565  

Dalmia Bharat Ltd.

     452        10,178  

Grasim Industries Ltd.

     1,900        39,582  

JK Cement Ltd.

     169        5,966  

Ramco Cements Ltd.

     752        6,365  

Shree Cement Ltd.

     54        15,202  

UltraTech Cement Ltd.

     577        48,536  
     

 

 

 
Total Construction Materials

 

     161,498  
Diversified Financial Services – 0.2%

 

Bajaj Finserv Ltd.

     1,858        34,763  
Diversified Telecommunication Services – 0.1%

 

Indus Towers Ltd.

     4,071        9,372  
Electric Utilities – 0.4%

 

Adani Transmission Ltd.*

     1,497        46,852  

Tata Power Co. Ltd.

     7,947        19,952  
     

 

 

 
Total Electric Utilities

 

     66,804  
Electrical Equipment – 0.3%

 

ABB India Ltd.

     246        7,978  

CG Power & Industrial Solutions Ltd.*

     2,860        9,344  

Havells India Ltd.

     1,280        17,019  

Polycab India Ltd.

     228        7,080  
     

 

 

 
Total Electrical Equipment

 

     41,421  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  
Electronic Equipment, Instruments & Components – 0.0%

 

Honeywell Automation India Ltd.

     11      $ 5,545  
Entertainment – 0.0%

 

PVR Ltd.*

     222        4,616  
Food & Staples Retailing – 0.2%

 

Avenue Supermarts Ltd.*(a)

     720        35,410  
Food Products – 0.8%

 

Britannia Industries Ltd.

     589        30,667  

Marico Ltd.

     2,472        15,234  

Nestle India Ltd.

     182        43,132  

Patanjali Foods Ltd.

     322        4,645  

Tata Consumer Products Ltd.

     3,256        30,185  
     

 

 

 
Total Food Products

 

     123,863  
Gas Utilities – 0.5%

 

Adani Total Gas Ltd.

     1,464        65,349  

Gujarat Gas Ltd.

     932        5,477  
     

 

 

 
Total Gas Utilities

 

     70,826  
Health Care Providers & Services – 0.4%

 

Apollo Hospitals Enterprise Ltd.

     524        28,360  

Dr. Lal PathLabs Ltd.(a)

     213        5,820  

Fortis Healthcare Ltd.*

     2,500        8,646  

Max Healthcare Institute Ltd.*

     3,442        18,287  
     

 

 

 
Total Health Care Providers & Services

 

     61,113  
Hotels, Restaurants & Leisure – 0.2%

 

Indian Hotels Co. Ltd.

     4,170        16,062  

Jubilant Foodworks Ltd.

     2,042        12,614  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     28,676  
Household Durables – 0.1%

 

Crompton Greaves Consumer Electricals Ltd.

     3,079        12,522  

Dixon Technologies India Ltd.

     162        7,646  
     

 

 

 
Total Household Durables

 

     20,168  
Independent Power & Renewable Electricity Producers – 0.3%

 

Adani Green Energy Ltd.*

     1,848        43,152  
Industrial Conglomerates – 0.1%

 

Siemens Ltd.

     426        14,554  
Insurance – 0.5%

 

HDFC Life Insurance Co. Ltd.(a)

     4,737        32,423  

ICICI Lombard General Insurance Co. Ltd.(a)

     1,245        18,613  

ICICI Prudential Life Insurance Co. Ltd.(a)

     2,015        10,992  

Max Financial Services Ltd.*

     1,185        9,704  
     

 

 

 
Total Insurance

 

     71,732  
Interactive Media & Services – 0.1%

 

Info Edge India Ltd.

     372        17,681  
Internet & Direct Marketing Retail – 0.0%

 

Zomato Ltd.*

     9,129        6,544  
IT Services – 3.4%

 

Coforge Ltd.

     194        9,108  

Computer Age Management Services Ltd.

     157        4,216  

HCL Technologies Ltd.

     5,184        65,124  

Infosys Ltd.

     17,816      324,793  

Mphasis Ltd.

     390        9,300  

Persistent Systems Ltd.

     248        11,604  

Tech Mahindra Ltd.

     3,182        39,093  

Wipro Ltd.

     7,212        34,238  
     

 

 

 
Total IT Services

 

     497,476  
Life Sciences Tools & Services – 0.2%

 

Divi’s Laboratories Ltd.

     641        26,446  
Machinery – 0.4%

 

Ashok Leyland Ltd.

     7,181        12,447  

Cummins India Ltd.

     666        11,113  

Elgi Equipments Ltd.

     1,051        5,329  

Grindwell Norton Ltd.

     263        5,670  

Schaeffler India Ltd.

     206        6,839  

SKF India Ltd.

     130        7,070  

Thermax Ltd.

     194        4,616  
     

 

 

 
Total Machinery

 

     53,084  
Media – 0.1%

 

Zee Entertainment Enterprises Ltd.

     4,823        13,994  
Metals & Mining – 0.9%

 

APL Apollo Tubes Ltd.

     733        9,675  

Jindal Steel & Power Ltd.

     2,023        14,197  

JSW Steel Ltd.

     4,523        41,991  

Tata Steel Ltd.

     38,572        52,522  

Vedanta Ltd.

     4,862        18,125  
     

 

 

 
Total Metals & Mining

 

     136,510  
Oil, Gas & Consumable Fuels – 3.5%

 

Reliance Industries Ltd.

     16,841        518,523  
Personal Products – 1.4%

 

Colgate-Palmolive India Ltd.

     607        11,272  

Dabur India Ltd.

     3,149        21,371  

Emami Ltd.

     1,094        5,621  

Godrej Consumer Products Ltd.*

     2,001        21,140  

Hindustan Unilever Ltd.

     4,690        145,187  
     

 

 

 
Total Personal Products

 

     204,591  
Pharmaceuticals – 1.2%

 

Aarti Pharmalabs Ltd.*

     203        931  

Alkem Laboratories Ltd.

     186        6,755  

Aurobindo Pharma Ltd.

     1,367        7,242  

Cipla Ltd.

     2,706        35,193  

Dr. Reddy’s Laboratories Ltd.

     615        31,501  

Ipca Laboratories Ltd.

     533        5,432  

Laurus Labs Ltd.(a)

     1,810        8,210  

Lupin Ltd.

     1,121        9,942  

Sun Pharmaceutical Industries Ltd.

     5,284        63,960  

Torrent Pharmaceuticals Ltd.

     394        7,385  

Zydus Lifesciences Ltd.

     1,205        6,117  
     

 

 

 
Total Pharmaceuticals

 

     182,668  
Real Estate Management & Development – 0.3%

 

DLF Ltd.

     3,280        14,868  

Godrej Properties Ltd.*

     552        8,171  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  

Oberoi Realty Ltd.

     684      $ 7,176  

Phoenix Mills Ltd.

     426        7,325  
     

 

 

 
Total Real Estate Management & Development

 

     37,540  
Software – 0.1%

 

KPIT Technologies Ltd.

     757        6,444  

Tata Elxsi Ltd.

     186        14,132  
     

 

 

 
Total Software

 

     20,576  
Specialty Retail – 0.1%

 

Trent Ltd.

     852        13,917  
Textiles, Apparel & Luxury Goods – 0.6%

 

Aditya Birla Fashion & Retail Ltd.*

     1,638        5,692  

Bata India Ltd.

     335        6,678  

Page Industries Ltd.

     28        14,498  

Titan Co. Ltd.

     1,995        62,638  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     89,506  
Transportation Infrastructure – 0.0%

 

GMR Airports Infrastructure Ltd.*

     13,537        6,504  
Wireless Telecommunication Services – 0.8%

 

Bharti Airtel Ltd.

     11,916        116,106  
     

 

 

 
Total India

 

     3,980,240  
Indonesia – 3.5%

 

Automobiles – 0.3%

 

Astra International Tbk PT

     140,900        51,590  
Banks – 1.4%

 

Bank Central Asia Tbk PT

     377,400        207,276  

Bank Jago Tbk PT*

     30,000        7,169  
     

 

 

 
Total Banks

 

     214,445  
Chemicals – 0.2%

 

Barito Pacific Tbk PT

     196,222        9,517  

Chandra Asri Petrochemical Tbk PT

     157,500        26,001  
     

 

 

 
Total Chemicals

 

     35,518  
Construction Materials – 0.1%

 

Indocement Tunggal Prakarsa Tbk PT

     12,600        8,013  
Diversified Telecommunication Services – 0.1%

 

Sarana Menara Nusantara Tbk PT

     171,400        12,111  
Food & Staples Retailing – 0.2%

 

Sumber Alfaria Trijaya Tbk PT

     134,600        22,913  
Food Products – 0.3%

 

Charoen Pokphand Indonesia Tbk PT

     52,000        18,872  

Indofood CBP Sukses Makmur Tbk PT

     14,400        9,250  

Indofood Sukses Makmur Tbk PT

     25,500        11,016  
     

 

 

 
Total Food Products

 

     39,138  
Household Products – 0.1%

 

Unilever Indonesia Tbk PT

     39,300        11,865  
Internet & Direct Marketing Retail – 0.3%

 

GoTo Gojek Tokopedia Tbk PT*

     6,697,800        39,152  
Media – 0.1%

 

Elang Mahkota Teknologi Tbk PT

     259,700        17,183  
Metals & Mining – 0.2%

 

Merdeka Copper Gold Tbk PT*

     97,400      25,777  
Oil, Gas & Consumable Fuels – 0.1%

 

United Tractors Tbk PT

     10,500        17,587  
Pharmaceuticals – 0.1%

 

Kalbe Farma Tbk PT

     134,900        18,111  
     

 

 

 
Total Indonesia

 

     513,403  
Malaysia – 1.8%

 

Banks – 0.5%

 

Hong Leong Bank Bhd

     11,800        55,076  

Hong Leong Financial Group Bhd

     4,000        16,890  
     

 

 

 
Total Banks

 

     71,966  
Food Products – 0.6%

 

Nestle Malaysia Bhd

     1,000        31,782  

PPB Group Bhd

     11,100        43,946  

QL Resources Bhd

     17,000        21,265  
     

 

 

 
Total Food Products

 

     96,993  
Hotels, Restaurants & Leisure – 0.2%

 

Genting Malaysia Bhd

     44,800        27,358  
Metals & Mining – 0.4%

 

Press Metal Aluminium Holdings Bhd

     51,100        56,610  
Specialty Retail – 0.1%

 

MR DIY Group M Bhd(a)

     42,700        19,387  
     

 

 

 
Total Malaysia

 

     272,314  
Mexico – 3.5%

 

Banks – 0.5%

 

Banco del Bajio SA(a)

     2,616        8,263  

Grupo Financiero Banorte SAB de CV, Class O

     8,700        62,462  
     

 

 

 
Total Banks

 

     70,725  
Beverages – 0.6%

 

Arca Continental SAB de CV

     1,800        14,616  

Coca-Cola Femsa SAB de CV

     1,920        12,990  

Fomento Economico Mexicano SAB de CV

     7,100        55,245  
     

 

 

 
Total Beverages

 

     82,851  
Chemicals – 0.1%

 

Orbia Advance Corp. SAB de CV

     4,300        7,613  
Construction Materials – 0.1%

 

Cemex SAB de CV, Series CPO*

     58,004        23,455  
Equity Real Estate Investment Trusts (REITs) – 0.1%

 

Concentradora Fibra Danhos SA de CV

     3,609        4,333  

Fibra Uno Administracion SA de CV

     11,200        13,196  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     17,529  
Food & Staples Retailing – 0.5%

 

Wal-Mart de Mexico SAB de CV

     19,900        70,043  
Food Products – 0.2%

 

Gruma SAB de CV, Class B

     810        10,838  

Grupo Bimbo SAB de CV, Series A

     5,292        22,366  
     

 

 

 
Total Food Products

 

     33,204  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  
Household Products – 0.1%

 

Kimberly-Clark de Mexico SAB de CV, Class A

     6,000      $ 10,182  
Industrial Conglomerates – 0.1%

 

Alfa SAB de CV, Class A

     14,400        9,170  

Grupo Carso SAB de CV, Series A1

     2,200        9,231  
     

 

 

 
Total Industrial Conglomerates

 

     18,401  
Media – 0.1%

 

Grupo Televisa SAB, Series CPO

     10,100        9,184  
Metals & Mining – 0.3%

 

Grupo Mexico SAB de CV, Series B

     12,518        43,944  

Industrias Penoles SAB de CV*

     605        7,441  
     

 

 

 
Total Metals & Mining

 

     51,385  
Real Estate Management & Development – 0.0%

 

Corp. Inmobiliaria Vesta SAB de CV

     3,000        7,160  
Transportation Infrastructure – 0.3%

 

Grupo Aeroportuario del Centro Norte SAB de CV

     1,200        9,241  

Grupo Aeroportuario del Pacifico SAB de CV, Class B

     1,349        19,324  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     695        16,215  

Promotora y Operadora de Infraestructura SAB de CV

     965        7,902  
     

 

 

 
Total Transportation Infrastructure

 

     52,682  
Wireless Telecommunication Services – 0.5%

 

America Movil SAB de CV, Series L

     77,200        70,040  
     

 

 

 
Total Mexico

 

     524,454  
Philippines – 1.3%

 

Banks – 0.3%

 

Bank of the Philippine Islands

     7,320        13,398  

BDO Unibank, Inc.

     8,928        16,934  

Metropolitan Bank & Trust Co.

     7,800        7,558  
     

 

 

 
Total Banks

 

     37,890  
Food Products – 0.1%

 

Monde Nissin Corp.(a)

     29,800        5,925  

Universal Robina Corp.

     4,100        10,006  
     

 

 

 
Total Food Products

 

     15,931  
Hotels, Restaurants & Leisure – 0.0%

 

Jollibee Foods Corp.

     1,780        7,346  
Industrial Conglomerates – 0.4%

 

Aboitiz Equity Ventures, Inc.

     10,010        10,364  

Ayala Corp.

     1,010        12,596  

JG Summit Holdings, Inc.

     12,600        11,373  

SM Investments Corp.

     1,940        31,331  
     

 

 

 
Total Industrial Conglomerates

 

     65,664  
Real Estate Management & Development – 0.3%

 

Ayala Land, Inc.

     25,200        13,928  

SM Prime Holdings, Inc.

     46,800        29,813  
     

 

 

 
Total Real Estate Management & Development

 

     43,741  
Transportation Infrastructure – 0.1%

 

International Container Terminal Services, Inc.

     3,240        11,628  
Wireless Telecommunication Services – 0.1%

 

PLDT, Inc.

     330      7,799  
     

 

 

 
Total Philippines

 

     189,999  
Poland – 1.0%

 

Banks – 0.3%

 

Bank Polska Kasa Opieki SA

     1,547        30,508  

Santander Bank Polska SA

     341        20,167  
     

 

 

 
Total Banks

 

     50,675  
Entertainment – 0.1%

 

CD Projekt SA

     587        17,349  
Food & Staples Retailing – 0.3%

 

Dino Polska SA*(a)

     476        40,728  
Software – 0.1%

 

Asseco Poland SA

     696        11,520  
Textiles, Apparel & Luxury Goods – 0.2%

 

LPP SA

     10        24,280  
     

 

 

 
Total Poland

 

     144,552  
Saudi Arabia – 3.4%

 

Banks – 2.2%

 

Al Rajhi Bank*

     10,925        218,616  

Alinma Bank

     5,463        47,318  

Arab National Bank

     769        6,559  

Bank Al-Jazira

     2,244        11,393  

Bank AlBilad*

     2,608        30,848  

Saudi British Bank

     2,061        21,361  
     

 

 

 
Total Banks

 

     336,095  
Chemicals – 0.2%

 

Advanced Petrochemical Co.

     794        8,980  

National Industrialization Co.*

     2,046        6,729  

Sahara International Petrochemical Co.

     2,062        18,628  
     

 

 

 
Total Chemicals

 

     34,337  
Food & Staples Retailing – 0.1%

 

Abdullah Al Othaim Markets Co.

     252        6,974  

Nahdi Medical Co.

     240        10,678  
     

 

 

 
Total Food & Staples Retailing

 

     17,652  
Food Products – 0.1%

 

Savola Group

     1,407        10,277  
Health Care Providers & Services – 0.3%

 

Dallah Healthcare Co.

     178        7,010  

Dr. Sulaiman Al Habib Medical Services Group Co.

     434        25,476  

Mouwasat Medical Services Co.

     253        14,071  
     

 

 

 
Total Health Care Providers & Services

 

     46,557  
Media – 0.1%

 

Saudi Research & Media Group*

     168        8,136  
Real Estate Management & Development – 0.1%

 

Dar Al Arkan Real Estate Development Co.*

     3,220        9,957  
Specialty Retail – 0.1%

 

Jarir Marketing Co.

     330        13,172  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  
Wireless Telecommunication Services – 0.2%

 

Etihad Etisalat Co.

     2,198      $ 20,325  

Mobile Telecommunications Co. Saudi Arabia*

     2,249        6,020  
     

 

 

 
Total Wireless Telecommunication Services

 

     26,345  
Total Saudi Arabia

 

     502,528  
South Africa – 6.4%

 

Banks – 1.2%

 

Absa Group Ltd.

     3,869        44,091  

Capitec Bank Holdings Ltd.

     401        43,802  

Nedbank Group Ltd.

     2,277        28,448  

Standard Bank Group Ltd.

     6,089        60,045  
     

 

 

 
Total Banks

 

     176,386  
Capital Markets – 0.1%

 

Investec Ltd.

     1,499        9,471  
Diversified Financial Services – 0.8%

 

FirstRand Ltd.

     25,409        92,765  

Remgro Ltd.

     2,479        19,382  
     

 

 

 
Total Diversified Financial Services

 

     112,147  
Equity Real Estate Investment Trusts (REITs) – 0.1%

 

Growthpoint Properties Ltd.

     14,695        12,557  

Redefine Properties Ltd.

     32,251        8,018  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     20,575  
Food & Staples Retailing – 0.5%

 

Bid Corp. Ltd.

     1,544        29,932  

Clicks Group Ltd.

     1,094        17,365  

Pick n Pay Stores Ltd.

     1,732        5,781  

Shoprite Holdings Ltd.

     2,210        29,354  
     

 

 

 
Total Food & Staples Retailing

 

     82,432  
Food Products – 0.1%

 

Tiger Brands Ltd.

     861        10,628  
Insurance – 0.4%

 

Discovery Ltd.*

     2,184        15,833  

Momentum Metropolitan Holdings

     5,371        5,429  

Old Mutual Ltd.

     21,332        13,114  

Sanlam Ltd.

     8,817        25,246  
     

 

 

 
Total Insurance

 

     59,622  
Internet & Direct Marketing Retail – 1.1%

 

Naspers Ltd., Class N

     994        164,995  
Media – 0.1%

 

MultiChoice Group

     1,959        13,498  
Metals & Mining – 1.4%

 

African Rainbow Minerals Ltd.

     538        9,106  

Anglo American Platinum Ltd.

     224        18,758  

AngloGold Ashanti Ltd.

     1,840        35,603  

Gold Fields Ltd.

     3,932        40,706  

Harmony Gold Mining Co. Ltd.

     2,455        8,484  

Impala Platinum Holdings Ltd.

     3,668        45,948  

Kumba Iron Ore Ltd.

     298        8,622  

Northam Platinum Holdings Ltd.*

     1,129        12,420  

Sibanye Stillwater Ltd.

     12,846        33,763  
     

 

 

 
Total Metals & Mining

 

     213,410  
Multiline Retail – 0.1%

 

Woolworths Holdings Ltd.

     4,614      18,014  
Pharmaceuticals – 0.1%

 

Aspen Pharmacare Holdings Ltd.

     1,635        13,100  
Specialty Retail – 0.2%

 

Motus Holdings Ltd.

     840        5,464  

Mr. Price Group Ltd.

     1,307        12,209  

Pepkor Holdings Ltd.(a)

     6,786        7,977  
     

 

 

 
Total Specialty Retail

 

     25,650  
Wireless Telecommunication Services – 0.2%

 

Vodacom Group Ltd.

     3,443        24,829  
     

 

 

 
Total South Africa

 

     944,757  
South Korea – 18.3%

 

Aerospace & Defense – 0.1%

 

Hanwha Aerospace Co. Ltd.*

     132        7,683  
Air Freight & Logistics – 0.1%

 

Hyundai Glovis Co. Ltd.*

     84        10,861  
Airlines – 0.1%

 

Korean Air Lines Co. Ltd.*

     714        12,959  
Auto Components – 0.1%

 

Hankook Tire & Technology Co. Ltd.*

     305        7,513  

Hanon Systems

     870        5,566  

HL Mando Co. Ltd.*

     150        4,781  
     

 

 

 
Total Auto Components

 

     17,860  
Automobiles – 0.9%

 

Hyundai Motor Co.

     614        73,321  

Kia Corp.*

     1,190        55,806  
     

 

 

 
Total Automobiles

 

     129,127  
Banks – 1.4%

 

BNK Financial Group, Inc.*

     1,199        6,163  

Hana Financial Group, Inc.

     1,182        39,307  

KakaoBank Corp.*

     1,387        26,654  

KB Financial Group, Inc.

     1,550        59,450  

Shinhan Financial Group Co. Ltd.

     2,050        57,066  

Woori Financial Group, Inc.

     2,492        22,762  
     

 

 

 
Total Banks

 

     211,402  
Biotechnology – 0.5%

 

Alteogen, Inc.*

     211        6,383  

Celltrion, Inc.

     444        56,356  

SK Bioscience Co. Ltd.*

     120        6,975  
     

 

 

 
Total Biotechnology

 

     69,714  
Capital Markets – 0.1%

 

Korea Investment Holdings Co. Ltd.*

     186        7,840  

Mirae Asset Securities Co. Ltd.*

     1,187        5,708  

Samsung Securities Co. Ltd.*

     270        6,715  
     

 

 

 
Total Capital Markets

 

     20,263  
Chemicals – 0.9%

 

Ecopro Co. Ltd.

     70        5,702  

Hansol Chemical Co. Ltd.*

     36        5,281  

Hanwha Solutions Corp.*

     490        16,663  

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  

Kumho Petrochemical Co. Ltd.*

     72      $ 7,174  

LG Chem Ltd.

     175        83,037  

Lotte Chemical Corp.*

     66        9,317  

OCI Co. Ltd.

     78        4,984  

SKC Co. Ltd.*

     78        5,459  
     

 

 

 
Total Chemicals

 

     137,617  
Construction & Engineering – 0.2%

 

GS Engineering & Construction Corp.*

     348        5,820  

Hyundai Engineering & Construction Co. Ltd.*

     312        8,611  

Samsung Engineering Co. Ltd.*

     523        9,203  
     

 

 

 
Total Construction & Engineering

 

     23,634  
Construction Materials – 0.1%

 

POSCO Chemical Co. Ltd.

     125        17,794  
Diversified Telecommunication Services – 0.1%

 

LG Uplus Corp.

     1,013        8,852  
Electrical Equipment – 0.7%

 

CS Wind Corp.

     120        6,529  

Doosan Enerbility Co. Ltd.*

     1,710        20,826  

Ecopro BM Co. Ltd.

     192        13,984  

LG Energy Solution Ltd.*

     150        51,661  

LS Corp.*

     120        6,614  
     

 

 

 
Total Electrical Equipment

 

     99,614  
Electronic Equipment, Instruments & Components – 1.0%

 

L&F Co. Ltd.*

     90        12,349  

LG Display Co. Ltd.*

     764        7,522  

LG Innotek Co. Ltd.*

     52        10,383  

Samsung Electro-Mechanics Co. Ltd.*

     228        23,530  

Samsung SDI Co. Ltd.

     208        97,215  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     150,999  
Entertainment – 0.4%

 

HYBE Co. Ltd.*

     81        11,114  

Kakao Games Corp.*

     193        6,815  

Krafton, Inc.*

     164        21,789  

NCSoft Corp.*

     61        21,611  

Pearl Abyss Corp.*

     154        5,109  
     

 

 

 
Total Entertainment

 

     66,438  
Food & Staples Retailing – 0.1%

 

BGF Retail Co. Ltd.*

     36        5,993  

E-Mart, Inc.

     90        6,975  
     

 

 

 
Total Food & Staples Retailing

 

     12,968  
Food Products – 0.1%

 

CJ CheilJedang Corp.

     35        10,532  

Orion Corp.*

     96        9,718  
     

 

 

 
Total Food Products

 

     20,250  
Health Care Equipment & Supplies – 0.1%

 

HLB, Inc.*

     450        10,107  
Health Care Providers & Services – 0.1%

 

Celltrion Healthcare Co. Ltd.

     436        19,998  
Household Durables – 0.3%

 

Coway Co. Ltd.*

     233        10,300  

LG Electronics, Inc.*

     437      29,894  
     

 

 

 
Total Household Durables

 

     40,194  
Industrial Conglomerates – 0.7%

 

GS Holdings Corp.

     366        12,678  

LG Corp.*

     524        32,364  

Lotte Corp.*

     174        4,238  

Samsung C&T Corp.*

     347        31,146  

SK, Inc.

     146        21,822  
     

 

 

 
Total Industrial Conglomerates

 

     102,248  
Insurance – 0.4%

 

DB Insurance Co. Ltd.*

     210        10,844  

Hyundai Marine & Fire Insurance Co. Ltd.*

     234        5,450  

Samsung Fire & Marine Insurance Co. Ltd.*

     132        20,878  

Samsung Life Insurance Co. Ltd.*

     384        21,561  
     

 

 

 
Total Insurance

 

     58,733  
Interactive Media & Services – 1.1%

 

Kakao Corp.

     1,406        59,042  

NAVER Corp.

     743        104,296  
     

 

 

 
Total Interactive Media & Services

 

     163,338  
IT Services – 0.1%

 

Samsung SDS Co. Ltd.*

     169        16,439  
Life Sciences Tools & Services – 0.4%

 

Samsung Biologics Co. Ltd.*(a)

     81        52,591  
Machinery – 0.2%

 

Hyundai Rotem Co. Ltd.*

     306        6,873  

Korea Shipbuilding & Offshore Engineering Co. Ltd.

     174        9,728  

Samsung Heavy Industries Co. Ltd.*

     2,842        11,485  
     

 

 

 
Total Machinery

 

     28,086  
Media – 0.0%

 

Cheil Worldwide, Inc.*

     336        6,125  
Metals & Mining – 0.6%

 

Hyundai Steel Co.*

     318        7,696  

Korea Zinc Co. Ltd.*

     46        20,517  

POSCO Holdings, Inc.

     288        62,975  
     

 

 

 
Total Metals & Mining

 

     91,188  
Multiline Retail – 0.0%

 

Shinsegae, Inc.

     37        6,437  
Oil, Gas & Consumable Fuels – 0.2%

 

HD Hyundai Co. Ltd.

     174        7,857  

SK Innovation Co. Ltd.*

     198        24,114  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     31,971  
Personal Products – 0.2%

 

Amorepacific Corp.*

     114        12,396  

LG H&H Co. Ltd.*

     40        22,839  
     

 

 

 
Total Personal Products

 

     35,235  
Pharmaceuticals – 0.2%

 

Hanmi Pharm Co. Ltd.*

     30        7,070  

SK Biopharmaceuticals Co. Ltd.*

     138        7,868  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  

Yuhan Corp.*

     207      $ 9,364  
     

 

 

 
Total Pharmaceuticals

 

     24,302  
Semiconductors & Semiconductor Equipment – 0.8%

 

SK Hynix, Inc.

     1,936        114,828  

SK Square Co. Ltd.*

     366        9,711  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     124,539  
Specialty Retail – 0.1%

 

Hotel Shilla Co. Ltd.*

     125        8,215  
Technology Hardware, Storage & Peripherals – 5.8%

 

Samsung Electronics Co. Ltd.

     19,465        851,257  
Textiles, Apparel & Luxury Goods – 0.1%

 

F&F Co. Ltd.*

     71        8,114  

Fila Holdings Corp.

     228        5,995  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     14,109  
Total South Korea

 

     2,703,147  
Taiwan – 22.4%

 

Airlines – 0.1%

 

Eva Airways Corp.

     12,000        10,991  
Auto Components – 0.1%

 

Cheng Shin Rubber Industry Co. Ltd.

     10,000        11,030  
Banks – 1.4%

 

CTBC Financial Holding Co. Ltd.

     82,000        58,961  

E.Sun Financial Holding Co. Ltd.

     64,000        50,079  

Far Eastern International Bank

     17,000        6,084  

Shanghai Commercial & Savings Bank Ltd.

     20,392        29,226  

SinoPac Financial Holdings Co. Ltd.

     51,000        27,794  

Taichung Commercial Bank Co. Ltd.

     16,629        6,925  

Taishin Financial Holding Co. Ltd.

     53,000        26,038  

Union Bank of Taiwan

     12,000        6,247  
     

 

 

 
Total Banks

 

     211,354  
Chemicals – 1.0%

 

Formosa Chemicals & Fibre Corp.

     18,000        41,287  

Formosa Plastics Corp.

     19,000        53,658  

Nan Ya Plastics Corp.

     24,000        55,441  
     

 

 

 
Total Chemicals

 

     150,386  
Communications Equipment – 0.1%

 

Accton Technology Corp.

     2,000        15,259  
Construction Materials – 0.3%

 

Asia Cement Corp.

     12,000        16,008  

Taiwan Cement Corp.

     28,000        30,655  
     

 

 

 
Total Construction Materials

 

     46,663  
Diversified Financial Services – 0.2%

 

Yuanta Financial Holding Co. Ltd.

     54,000        38,125  
Electrical Equipment – 0.2%

 

Tatung Co. Ltd.*

     8,000        8,980  

Teco Electric & Machinery Co. Ltd.

     6,000        5,378  

Walsin Lihwa Corp.

     12,000        18,428  
     

 

 

 
Total Electrical Equipment

 

     32,786  
Electronic Equipment, Instruments & Components – 2.6%

 

AUO Corp.*

     38,000      18,545  

Chroma ATE, Inc.

     2,000        11,778  

Compeq Manufacturing Co. Ltd.

     6,000        8,687  

Delta Electronics, Inc.

     8,000        74,572  

Elite Material Co. Ltd.

     2,000        11,127  

Genius Electronic Optical Co. Ltd.

     1,000        10,916  

Hon Hai Precision Industry Co. Ltd.

     50,000        162,516  

Innolux Corp.*

     43,725        15,720  

Nan Ya Printed Circuit Board Corp.

     1,000        7,385  

Sinbon Electronics Co. Ltd.

     1,000        8,947  

Synnex Technology International Corp.

     6,000        11,557  

Tripod Technology Corp.

     3,000        9,175  

Unimicron Technology Corp.

     6,000        23,426  

WPG Holdings Ltd.

     8,000        12,520  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     386,871  
Food & Staples Retailing – 0.2%

 

President Chain Store Corp.

     3,000        26,549  
Food Products – 0.4%

 

Great Wall Enterprise Co. Ltd.

     4,000        5,928  

Lien Hwa Industrial Holdings Corp.

     4,000        6,520  

Uni-President Enterprises Corp.

     21,000        45,504  
     

 

 

 
Total Food Products

 

     57,952  
Household Durables – 0.1%

 

Nien Made Enterprise Co. Ltd.

     1,000        9,582  
Industrial Conglomerates – 0.1%

 

Far Eastern New Century Corp.

     18,000        18,682  
Insurance – 1.1%

 

Cathay Financial Holding Co. Ltd.

     38,101        49,586  

China Development Financial Holding Corp.

     73,000        29,926  

Fubon Financial Holding Co. Ltd.

     34,250        62,738  

Shin Kong Financial Holding Co. Ltd.

     66,000        18,832  
     

 

 

 
Total Insurance

 

     161,082  
Leisure Products – 0.1%

 

Giant Manufacturing Co. Ltd.

     1,036        6,758  

Merida Industry Co. Ltd.

     1,000        5,434  
     

 

 

 
Total Leisure Products

 

     12,192  
Machinery – 0.1%

 

Hiwin Technologies Corp.

     2,000        11,875  
Marine – 0.2%

 

Evergreen Marine Corp. Taiwan Ltd.*

     4,000        21,213  

Wan Hai Lines Ltd.

     6,000        15,637  
     

 

 

 
Total Marine

 

     36,850  
Metals & Mining – 0.1%

 

TA Chen Stainless Pipe

     7,000        9,657  
Oil, Gas & Consumable Fuels – 0.1%

 

Formosa Petrochemical Corp.

     8,000        20,901  
Real Estate Management & Development – 0.1%

 

Highwealth Construction Corp.

     6,100        7,998  

Ruentex Development Co. Ltd.

     8,500        11,961  
     

 

 

 
Total Real Estate Management & Development

 

     19,959  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  
Semiconductors & Semiconductor Equipment – 11.1%

 

ASE Technology Holding Co. Ltd.

     16,000      $ 48,882  

King Yuan Electronics Co. Ltd.

     6,000        7,067  

Macronix International Co. Ltd.

     10,000        10,981  

MediaTek, Inc.

     7,000        142,343  

Nanya Technology Corp.

     5,000        8,329  

Novatek Microelectronics Corp.

     2,000        20,530  

Powerchip Semiconductor Manufacturing Corp.

     15,000        15,544  

Powertech Technology, Inc.

     4,000        10,307  

Realtek Semiconductor Corp.

     2,000        18,285  

Taiwan Semiconductor Manufacturing Co. Ltd.

     88,000        1,284,118  

United Microelectronics Corp.*

     52,000        68,858  

Winbond Electronics Corp.

     16,000        10,203  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     1,645,447  
Specialty Retail – 0.3%

 

Hotai Motor Co. Ltd.

     2,000        38,262  
Technology Hardware, Storage & Peripherals – 1.7%

 

Acer, Inc.

     13,000        9,961  

Advantech Co. Ltd.

     2,000        21,539  

Asustek Computer, Inc.

     3,000        26,207  

Catcher Technology Co. Ltd.

     4,000        21,994  

Chicony Electronics Co. Ltd.

     4,000        11,231  

Compal Electronics, Inc.

     22,000        16,499  

Gigabyte Technology Co. Ltd.

     3,000        10,395  

Inventec Corp.

     16,000        13,665  

Lite-On Technology Corp.

     11,000        22,833  

Micro-Star International Co. Ltd.

     4,000        15,552  

Pegatron Corp.

     11,000        22,726  

Qisda Corp.

     8,000        7,327  

Quanta Computer, Inc.

     14,000        32,933  

Wistron Corp.

     14,000        13,392  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     246,254  
Textiles, Apparel & Luxury Goods – 0.4%

 

Eclat Textile Co. Ltd.

     1,000        16,121  

Feng TAY Enterprise Co. Ltd.

     2,000        13,437  

Makalot Industrial Co. Ltd.

     1,000        7,581  

Pou Chen Corp.

     12,000        13,353  

Ruentex Industries Ltd.

     3,000        6,345  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     56,837  
Wireless Telecommunication Services – 0.3%

 

Far EasTone Telecommunications Co. Ltd.

     7,000        15,009  

Taiwan Mobile Co. Ltd.

     8,000        24,649  
     

 

 

 
Total Wireless Telecommunication Services

 

     39,658  
Total Taiwan

 

     3,315,204  
Thailand – 3.6%

 

Banks – 0.4%

 

Bangkok Bank PCL, NVDR

     2,900        12,392  

Bank of Ayudhya PCL, NVDR

     8,200        7,280  

Kasikornbank PCL, NVDR

     6,600        28,107  

TMBThanachart Bank PCL, NVDR

     244,600        9,958  
     

 

 

 
Total Banks

 

     57,737  
Beverages – 0.1%

 

Carabao Group PCL, NVDR

     3,000      8,380  

Osotspa PCL, NVDR

     9,000        7,341  
     

 

 

 
Total Beverages

 

     15,721  
Chemicals – 0.1%

 

Indorama Ventures PCL, NVDR

     10,800        12,707  
Containers & Packaging – 0.1%

 

SCG Packaging PCL, NVDR

     7,300        12,014  
Diversified Telecommunication Services – 0.1%

 

True Corp. PCL, NVDR

     87,300        12,200  
Electronic Equipment, Instruments & Components – 0.4%

 

Delta Electronics Thailand PCL, NVDR

     2,500        59,910  
Food & Staples Retailing – 0.5%

 

CP ALL PCL, NVDR

     36,200        71,334  
Food Products – 0.1%

 

Charoen Pokphand Foods PCL, NVDR

     19,800        14,177  

Thai Union Group PCL, NVDR

     13,800        6,734  
     

 

 

 
Total Food Products

 

     20,911  
Health Care Providers & Services – 0.2%

 

Bangkok Dusit Medical Services PCL, NVDR

     22,200        18,588  

Bumrungrad Hospital PCL, NVDR

     2,200        13,466  
     

 

 

 
Total Health Care Providers & Services

 

     32,054  
Hotels, Restaurants & Leisure – 0.1%

 

Asset World Corp. PCL, NVDR

     46,200        8,403  

Minor International PCL, NVDR*

     13,800        12,850  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     21,253  
Independent Power & Renewable Electricity Producers – 0.6%

 

Energy Absolute PCL, NVDR

     10,600        29,687  

Gulf Energy Development PCL, NVDR

     33,700        53,758  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     83,445  
Multiline Retail – 0.2%

 

Central Retail Corp. PCL, NVDR

     17,400        23,235  
Real Estate Management & Development – 0.1%

 

Central Pattana PCL, NVDR

     8,600        17,630  
Road & Rail – 0.1%

 

BTS Group Holdings PCL, NVDR

     37,200        9,022  
Specialty Retail – 0.1%

 

Home Product Center PCL, NVDR

     24,000        10,741  
Transportation Infrastructure – 0.1%

 

Bangkok Expressway & Metro PCL, NVDR

     45,000        12,733  
Wireless Telecommunication Services – 0.3%

 

Advanced Info Service PCL, NVDR

     6,600        37,159  

Intouch Holdings PCL, NVDR

     6,600        14,721  
     

 

 

 
Total Wireless Telecommunication Services

 

     51,880  
Total Thailand

 

     524,527  
Turkey – 1.0%

 

Automobiles – 0.1%

 

Ford Otomotiv Sanayi AS

     378        10,591  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets ex-China Fund (XC)

December 31, 2022

 

 

 

Investments    Shares      Value  
Banks – 0.2%

 

Akbank TAS

     13,519      $ 14,119  

Turkiye Is Bankasi AS, Class C

     17,231        11,754  

Yapi ve Kredi Bankasi AS

     10,816        6,824  
     

 

 

 
Total Banks

 

     32,697  
Chemicals – 0.1%

 

Hektas Ticaret TAS*

     4,938        9,924  
Food & Staples Retailing – 0.1%

 

BIM Birlesik Magazalar AS

     2,163        15,819  
Industrial Conglomerates – 0.3%

 

Enka Insaat ve Sanayi AS

     8,905        15,765  

KOC Holding AS

     5,193        23,219  

Turkiye Sise ve Cam Fabrikalari AS

     6,323        14,498  
     

 

 

 
Total Industrial Conglomerates

 

     53,482  
Oil, Gas & Consumable Fuels – 0.1%

 

Turkiye Petrol Rafinerileri AS*

     564        15,965  
Wireless Telecommunication Services – 0.1%

 

Turkcell Iletisim Hizmetleri AS

     4,678        9,466  
     

 

 

 
Total Turkey

 

     147,944  

TOTAL COMMON STOCKS

(Cost: $14,097,212)

              14,768,356  
RIGHTS – 0.0%

 

South Korea – 0.0%

 

Lotte Chemical Corp.,
expiring 1/20/23*

     
(Cost: $0)      13      365  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $14,097,212)

 

     14,768,721  

Other Assets less Liabilities – 0.1%

 

     21,692  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 14,790,413  
*

Non-income producing security.

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $931, which represents 0.01% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2—Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

           

Pharmaceuticals

   $ 268,576      $      $ 931    $ 269,507  

Other

     14,498,849                      14,498,849  

Rights

            365               365  

Total Investments in Securities

   $ 14,767,425      $ 365      $ 931      $ 14,768,721  
* 

Fair valuations using significant unobservable inputs were determined by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited)

WisdomTree International ESG Fund (RESD)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%

 

Australia – 8.3%

 

ANZ Group Holdings Ltd.(a)

     4,011      $ 64,357  

Aristocrat Leisure Ltd.

     327        6,768  

BlueScope Steel Ltd.

     1,242        14,184  

Brambles Ltd.

     6,307        51,624  

Cochlear Ltd.

     55        7,613  

Commonwealth Bank of Australia

     1,463        101,793  

Computershare Ltd.

     399        7,089  

CSL Ltd.

     225        43,908  

Fortescue Metals Group Ltd.

     2,464        34,271  

Medibank Pvt Ltd.

     11,763        23,532  

National Australia Bank Ltd.

     3,882        79,135  

Newcrest Mining Ltd.

     1,743        24,397  

Qantas Airways Ltd.*

     1,794        7,312  

QBE Insurance Group Ltd.

     4,120        37,523  

Sonic Healthcare Ltd.

     704        14,308  

Telstra Group Ltd.

     3,200        8,659  

Transurban Group

     4,763        41,926  

Westpac Banking Corp.(a)

     3,991        63,197  
     

 

 

 
Total Australia

 

     631,596  
Belgium – 0.7%

 

D’ieteren Group

     38        7,267  

UCB SA

     179        14,053  

Umicore SA

     788        28,863  
     

 

 

 
Total Belgium

 

     50,183  
China – 0.3%

 

BOC Hong Kong Holdings Ltd.

     2,500        8,520  

Xinyi Glass Holdings Ltd.

     8,000        14,903  
     

 

 

 
Total China

 

     23,423  
Denmark – 3.5%

 

AP Moller - Maersk A/S, Class B

     10        22,417  

Chr Hansen Holding A/S

     335        24,024  

DSV A/S

     54        8,498  

Novo Nordisk A/S, Class B

     1,363        183,485  

Novozymes A/S, Class B

     552        27,878  
     

 

 

 
Total Denmark

 

     266,302  
Finland – 0.7%

 

Elisa Oyj

     146        7,707  

Nordea Bank Abp

     1,756        18,821  

Orion Oyj, Class B

     486        26,577  
     

 

 

 
Total Finland

 

     53,105  
France – 9.2%

 

AXA SA

     2,517        69,991  

BioMerieux

     182        19,020  

Bouygues SA

     1,104        33,038  

Capgemini SE

     276        45,937  

Cie de Saint-Gobain

     1,048        51,059  

Danone SA

     820        43,083  

Edenred

     714        38,771  

EssilorLuxottica SA

     139        25,100  

Getlink SE

     445        7,112  

Hermes International

     14      21,590  

Ipsen SA

     283        30,354  

Kering SA

     52        26,389  

Klepierre SA*

     352        8,088  

La Francaise des Jeux SAEM(b)

     761        30,522  

Legrand SA

     143        11,419  

Orange SA

     4,070        40,314  

Pernod Ricard SA

     261        51,184  

Sanofi

     817        78,335  

Sodexo SA

     578        55,198  

Wendel SE

     90        8,376  
     

 

 

 
Total France

 

     694,880  
Germany – 8.2%

 

adidas AG

     137        18,636  

Allianz SE, Registered Shares

     240        51,459  

Bayer AG, Registered Shares

     687        35,432  

Bayerische Motoren Werke AG

     592        52,680  

Beiersdorf AG

     291        33,293  

Brenntag SE

     136        8,668  

Deutsche Boerse AG

     298        51,332  

Deutsche Post AG, Registered Shares

     1,621        60,862  

Deutsche Telekom AG, Registered Shares

     1,281        25,481  

Evonik Industries AG

     1,405        26,893  

Fresenius Medical Care AG & Co. KGaA

     269        8,776  

GEA Group AG

     209        8,521  

Hannover Rueck SE

     40        7,919  

HeidelbergCement AG

     586        33,322  

Merck KGaA

     236        45,563  

Muenchener Rueckversicherungs - Gesellschaft AG in Muenchen, Registered Shares

     248        80,462  

Puma SE

     172        10,408  

SAP SE

     606        62,341  
     

 

 

 
Total Germany

 

     622,048  
Hong Kong – 1.9%

 

CK Asset Holdings Ltd.

     1,500        9,235  

Hang Seng Bank Ltd.

     2,200        36,587  

Hong Kong Exchanges & Clearing Ltd.

     700        30,242  

MTR Corp. Ltd.

     8,000        42,383  

Sino Land Co. Ltd.

     6,000        7,503  

Swire Properties Ltd.

     3,800        9,660  

WH Group Ltd.(b)

     12,000        6,980  
     

 

 

 
Total Hong Kong

 

     142,590  
Ireland – 0.6%

 

CRH PLC

     1,229        48,544  
Israel – 0.3%

 

Check Point Software Technologies Ltd.*

     178        22,456  
Italy – 1.5%

 

Ferrari NV

     32        6,837  

Moncler SpA

     156        8,241  

Nexi SpA*(b)

     944        7,421  

Poste Italiane SpA(b)

     820        7,987  

Recordati Industria Chimica e Farmaceutica SpA

     214        8,850  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International ESG Fund (RESD)

December 31, 2022

 

 

 

Investments    Shares      Value  

Snam SpA

     6,107      $ 29,506  

Terna - Rete Elettrica Nazionale

     5,801        42,719  
     

 

 

 
Total Italy

 

     111,561  
Japan – 23.4%

 

AGC, Inc.(a)

     700        23,317  

Ajinomoto Co., Inc.

     1,500        45,826  

Asahi Group Holdings Ltd.(a)

     700        21,852  

Astellas Pharma, Inc.

     2,100        31,935  

Canon, Inc.(a)

     1,600        34,627  

Chiba Bank Ltd.

     1,400        10,207  

Chugai Pharmaceutical Co. Ltd.

     700        17,868  

Dai Nippon Printing Co. Ltd.

     1,200        24,101  

Dai-ichi Life Holdings, Inc.

     1,900        43,113  

Daito Trust Construction Co. Ltd.

     100        10,262  

Daiwa House Industry Co. Ltd.

     400        9,213  

Daiwa Securities Group, Inc.

     5,000        22,093  

Dentsu Group, Inc.(a)

     300        9,424  

Fast Retailing Co. Ltd.

     100        61,033  

Fuji Electric Co. Ltd.

     700        26,685  

FUJIFILM Holdings Corp.

     700        35,147  

Fujitsu Ltd.

     400        53,401  

Hirose Electric Co. Ltd.

     100        12,581  

Honda Motor Co. Ltd.

     1,700        39,065  

Hoshizaki Corp.

     300        10,584  

Hulic Co. Ltd.(a)

     1,000        7,882  

Ibiden Co. Ltd.

     600        21,759  

Isuzu Motors Ltd.

     700        8,207  

Itochu Techno-Solutions Corp.

     700        16,287  

Japan Post Holdings Co. Ltd.(a)

     1,700        14,295  

Japan Post Insurance Co. Ltd.

     600        10,554  

Kajima Corp.

     1,100        12,805  

Kao Corp.

     700        27,879  

KDDI Corp.

     700        21,126  

Kirin Holdings Co. Ltd.

     800        12,193  

Kyowa Kirin Co. Ltd.

     400        9,155  

Mazda Motor Corp.

     4,000        30,467  

McDonald’s Holdings Co. Japan Ltd.(a)

     300        11,357  

MEIJI Holdings Co. Ltd.

     300        15,325  

Mitsubishi Chemical Group Corp.

     1,500        7,784  

Mitsui Chemicals, Inc.

     700        15,783  

Mitsui Fudosan Co. Ltd.

     400        7,327  

Mitsui OSK Lines Ltd.(a)

     600        14,961  

Mizuho Financial Group, Inc.

     2,700        37,979  

MS&AD Insurance Group Holdings, Inc.

     1,100        35,215  

NEC Corp.

     1,100        38,641  

NGK Insulators Ltd.

     1,200        15,261  

Nintendo Co. Ltd.

     200        8,385  

Nippon Telegraph & Telephone Corp.

     2,000        57,024  

Nissin Foods Holdings Co. Ltd.

     100        7,897  

Nitto Denko Corp.

     400        23,192  

Nomura Holdings, Inc.

     7,100        26,292  

Nomura Real Estate Holdings, Inc.

     300        6,435  

Nomura Research Institute Ltd.

     1,200        28,330  

NTT Data Corp.

     2,100        30,749  

Obayashi Corp.

     3,400      25,717  

Oji Holdings Corp.

     1,900        7,646  

Ono Pharmaceutical Co. Ltd.

     600        14,020  

Otsuka Holdings Co. Ltd.

     300        9,788  

Panasonic Holdings Corp.

     900        7,575  

SBI Holdings, Inc.

     500        9,538  

SCSK Corp.

     2,000        30,331  

Secom Co. Ltd.

     300        17,150  

Seiko Epson Corp.

     1,600        23,355  

Sekisui Chemical Co. Ltd.

     2,000        27,966  

Sekisui House Ltd.

     1,600        28,297  

SG Holdings Co. Ltd.

     700        9,709  

Shimizu Corp.

     2,400        12,805  

Sompo Holdings, Inc.

     700        31,089  

Square Enix Holdings Co. Ltd.

     100        4,646  

SUMCO Corp.

     500        6,658  

Sumitomo Metal Mining Co. Ltd.

     300        10,620  

Sumitomo Mitsui Financial Group, Inc.(a)

     1,300        52,179  

Sumitomo Mitsui Trust Holdings, Inc.

     700        24,340  

Suntory Beverage & Food Ltd.

     500        17,053  

Taisei Corp.

     500        16,105  

Takeda Pharmaceutical Co. Ltd.

     900        28,041  

TDK Corp.

     200        6,571  

TIS, Inc.

     600        15,825  

Toho Co. Ltd.

     200        7,700  

Tokio Marine Holdings, Inc.

     2,400        51,431  

Tokyo Gas Co. Ltd.

     2,000        39,183  

Toshiba Corp.

     600        20,931  

Tosoh Corp.

     700        8,329  

TOTO Ltd.

     700        23,874  

USS Co. Ltd.

     500        7,939  

Yakult Honsha Co. Ltd.

     200        12,975  

Yamaha Motor Co. Ltd.

     1,200        27,375  

Yamato Holdings Co. Ltd.

     500        7,909  

Yokogawa Electric Corp.

     500        7,977  
     

 

 

 
Total Japan

 

     1,775,527  
Netherlands – 5.5%

 

ABN AMRO Bank NV, CVA(b)

     659        9,090  

ASML Holding NV

     205        110,224  

Heineken Holding NV

     384        29,528  

Heineken NV

     392        36,766  

Koninklijke DSM NV

     299        36,474  

Koninklijke KPN NV

     13,182        40,658  

Koninklijke Philips NV

     1,179        17,621  

NN Group NV

     237        9,652  

OCI NV

     416        14,838  

QIAGEN NV*

     225        11,288  

Randstad NV

     761        46,262  

Wolters Kluwer NV

     529        55,193  
     

 

 

 
Total Netherlands

 

     417,594  
Norway – 1.1%

 

Norsk Hydro ASA

     3,908        29,087  

Orkla ASA

     3,280        23,620  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (continued)

WisdomTree International ESG Fund (RESD)

December 31, 2022

 

 

 

Investments    Shares      Value  

Telenor ASA

     3,137      $ 29,170  
     

 

 

 
Total Norway

 

     81,877  
Singapore – 1.5%

 

DBS Group Holdings Ltd.

     700        17,704  

Genting Singapore Ltd.

     40,900        29,123  

Keppel Corp. Ltd.

     8,400        45,470  

Oversea-Chinese Banking Corp. Ltd.

     900        8,173  

Singapore Telecommunications Ltd.

     4,100        7,856  

United Overseas Bank Ltd.

     300        6,867  
     

 

 

 
Total Singapore

 

     115,193  
Spain – 3.7%

 

Acciona SA

     201        36,876  

Aena SME SA*(b)

     65        8,137  

Banco Bilbao Vizcaya Argentaria SA

     11,872        71,385  

Enagas SA(a)

     1,628        26,975  

Industria de Diseno Textil SA

     2,286        60,627  

Red Electrica Corp. SA

     2,266        39,323  

Telefonica SA

     11,428        41,285  
     

 

 

 
Total Spain

 

     284,608  
Sweden – 2.1%

 

Assa Abloy AB, Class B

     468        10,048  

Essity AB, Class B

     1,085        28,459  

H & M Hennes & Mauritz AB, Class B(a)

     3,190        34,363  

Skandinaviska Enskilda Banken AB, Class A

     1,049        12,076  

Svenska Handelsbanken AB, Class A

     896        9,038  

Swedbank AB, Class A

     492        8,372  

Swedish Orphan Biovitrum AB*

     350        7,246  

Tele2 AB, Class B

     937        7,653  

Telefonaktiebolaget LM Ericsson, Class B

     5,314        31,059  

Telia Co. AB

     3,020        7,727  
     

 

 

 
Total Sweden

 

     156,041  
Switzerland – 12.2%

 

ABB Ltd., Registered Shares

     1,882        57,078  

Baloise Holding AG, Registered Shares

     54        8,329  

Clariant AG, Registered Shares*

     1,404        22,232  

Coca-Cola HBC AG*

     1,364        32,372  

Geberit AG, Registered Shares

     85        40,010  

Holcim AG, Registered Shares*

     157        8,125  

Kuehne + Nagel International AG, Registered Shares

     151        35,122  

Nestle SA, Registered Shares

     1,917        221,992  

Novartis AG, Registered Shares

     1,419        128,204  

Roche Holding AG

     435        136,584  

Sonova Holding AG, Registered Shares

     92        21,807  

STMicroelectronics NV

     1,296        45,637  

Swatch Group AG, Bearer Shares

     30        8,528  

Swiss Re AG

     230        21,499  

Swisscom AG, Registered Shares

     87        47,637  

Temenos AG, Registered Shares

     342        18,756  

Zurich Insurance Group AG

     155        74,099  
     

 

 

 
Total Switzerland

 

     928,011  
United Kingdom – 14.1%

 

Anglo American PLC

     1,423      $ 55,400  

AstraZeneca PLC

     779        105,119  

Barclays PLC

     27,785        52,981  

British Land Co. PLC

     1,678        7,975  

BT Group PLC

     5,628        7,586  

Bunzl PLC

     1,123        37,270  

Burberry Group PLC

     1,659        40,511  

CNH Industrial NV

     3,454        55,165  

Compass Group PLC

     393        9,065  

Diageo PLC

     2,021        88,734  

HSBC Holdings PLC

     9,787        60,712  

Kingfisher PLC

     13,207        37,508  

Land Securities Group PLC

     1,263        9,441  

Legal & General Group PLC

     15,468        46,423  

London Stock Exchange Group PLC

     175        15,022  

National Grid PLC

     5,045        60,529  

Next PLC

     416        29,054  

Pearson PLC

     736        8,315  

Reckitt Benckiser Group PLC

     767        53,088  

RELX PLC

     2,695        74,173  

Smith & Nephew PLC

     650        8,675  

Standard Chartered PLC

     6,344        47,497  

Taylor Wimpey PLC

     30,006        36,690  

Unilever PLC

     2,150        108,156  

Vodafone Group PLC

     10,447        10,586  

Whitbread PLC

     253        7,821  
     

 

 

 
Total United Kingdom

 

     1,073,496  
United States – 0.2%

 

Stellantis NV

     1,180        16,704  

TOTAL COMMON STOCKS

(Cost: $7,384,666)

 

 

     7,515,739  
PREFERRED STOCK – 0.5%

 

Germany – 0.5%

 

Henkel AG & Co. KgaA

(Cost: $36,120)

     480        33,309  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.8%

 

United States – 1.8%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 4.34%(c)

     
(Cost: $139,492)      139,492        139,492  

TOTAL INVESTMENTS IN SECURITIES – 101.3%

(Cost: $7,560,278)

 

 

     7,688,540  

Other Assets less Liabilities – (1.3)%

 

     (98,735
     

 

 

 
NET ASSETS – 100.0%

 

   $ 7,589,805  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $235,227 and the total market value of the collateral held by the Fund was $248,732. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $109,240.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International ESG Fund (RESD)

December 31, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
     Amount and
Description of
Currency to
be Purchased
     Amount and
Description of
Currency to be
Sold
     Unrealized
Appreciation
     Unrealized
Depreciation
 

Standard Chartered Bank

    1/4/2023        1,090       USD        1,600       AUD      $ 5      $  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

           

Common Stocks

   $ 7,515,739      $      $      $ 7,515,739  

Preferred Stock

     33,309                      33,309  

Investment of Cash Collateral for Securities Loaned

            139,492               139,492  

Total Investments in Securities

   $ 7,549,048      $ 139,492      $      $ 7,688,540  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 5      $      $ 5  

Total – Net

   $ 7,549,048      $ 139,497      $      $ 7,688,545  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  
CORPORATE BONDS – 97.8%

 

Canada – 0.2%

 

Barrick North America Finance LLC
5.75%, 5/1/43

   $ 16,000      $ 16,235  
Switzerland – 0.4%

 

Novartis Capital Corp.
3.00%, 11/20/25

     33,000        31,674  
United Kingdom – 1.2%

 

BAT Capital Corp.
4.70%, 4/2/27

     72,000        69,226  

4.39%, 8/15/37

     11,000        8,565  

4.76%, 9/6/49

     14,000        10,219  

GlaxoSmithKline Capital, Inc.
6.38%, 5/15/38

     10,000        11,283  

RELX Capital, Inc.
4.00%, 3/18/29

     10,000        9,283  
     

 

 

 
Total United Kingdom

 

     108,576  
United States – 96.0%

 

3M Co.
3.38%, 3/1/29(a)

     7,000        6,447  

3.13%, 9/19/46(a)

     9,000        6,189  

Abbott Laboratories
2.95%, 3/15/25

     29,000        28,031  

AbbVie, Inc.
2.60%, 11/21/24

     18,000        17,237  

3.80%, 3/15/25

     17,000        16,582  

3.60%, 5/14/25

     25,000        24,236  

3.20%, 11/21/29

     14,000        12,634  

4.50%, 5/14/35

     27,000        25,166  

4.88%, 11/14/48

     16,000        14,740  

4.25%, 11/21/49

     20,000        16,825  

Aetna, Inc.
6.63%, 6/15/36

     12,000        12,788  

Alexandria Real Estate Equities, Inc.
3.95%, 1/15/28

     40,000        37,661  

Ally Financial, Inc.
7.10%, 11/15/27(a)

     60,000        61,207  

2.20%, 11/2/28

     11,000        8,607  

Amazon.com, Inc.
4.25%, 8/22/57

     13,000        11,289  

2.70%, 6/3/60

     17,000        10,401  

Amcor Finance USA, Inc.
3.63%, 4/28/26

     12,000        11,386  

Ameren Corp.
3.50%, 1/15/31

     28,000        24,772  

American Electric Power Co., Inc.
4.30%, 12/1/28, Series J

     18,000        17,211  

American Express Co.
3.63%, 12/5/24

     17,000        16,580  

American Honda Finance Corp.
1.30%, 9/9/26

     20,000        17,675  

American International Group, Inc.
2.50%, 6/30/25

     31,000        29,235  

American Water Capital Corp.
4.30%, 12/1/42

     20,000        17,514  

AmerisourceBergen Corp.
2.80%, 5/15/30

   30,000      25,482  

Amgen, Inc.
4.66%, 6/15/51

     19,000        16,465  

Amphenol Corp.
2.80%, 2/15/30

     16,000        13,701  

Aon Corp. / Aon Global Holdings PLC
2.05%, 8/23/31

     22,000        17,508  

Apple, Inc.
1.65%, 2/8/31

     11,000        8,864  

3.85%, 5/4/43

     13,000        11,312  

4.65%, 2/23/46

     18,000        17,141  

Arizona Public Service Co.
6.35%, 12/15/32

     17,000        17,907  

Atmos Energy Corp.
1.50%, 1/15/31

     17,000        13,265  

AutoNation, Inc.
3.50%, 11/15/24

     42,000        40,300  

AutoZone, Inc.
1.65%, 1/15/31

     30,000        23,281  

Bank of America Corp.
4.20%, 8/26/24

     18,000        17,728  

4.45%, 3/3/26

     47,000        46,079  

1.73%, 7/22/27, (1.734% fixed rate until 7/22/26; Secured Overnight Financing Rate + 0.96% thereafter)(b)

     63,000        55,247  

3.25%, 10/21/27

     19,000        17,581  

3.42%, 12/20/28, (3.419% fixed rate until 12/20/27; 3-month U.S. dollar London Interbank Offered Rate + 1.04% thereafter)(b)(c)

     75,000        68,056  

3.19%, 7/23/30, (3.194% fixed rate until 7/23/29; 3-month U.S. dollar London Interbank Offered Rate + 1.18% thereafter)(b)(c)

     66,000        56,916  

2.50%, 2/13/31, (2.496% fixed rate until 2/13/30; 3-month U.S. dollar London Interbank Offered Rate + 0.99% thereafter)(b)(c)

     54,000        43,915  

2.59%, 4/29/31, (2.592% fixed rate until 4/29/30; Secured Overnight Financing Rate + 2.15% thereafter)(b)

     57,000        46,550  

1.90%, 7/23/31, (1.898% fixed rate until 7/23/30; Secured Overnight Financing Rate + 1.53% thereafter)(b)

     59,000        45,475  

4.57%, 4/27/33, (4.571% fixed rate until 4/27/32; Secured Overnight Financing Rate + 1.83% thereafter)(b)

     19,000        17,436  

5.02%, 7/22/33, (5.015% fixed rate until 7/22/32; Secured Overnight Financing Rate + 2.16% thereafter)(b)

     2,000        1,899  

3.85%, 3/8/37, (3.846% fixed rate until 3/8/32; 5-year Constant Maturity Treasury Rate + 2.00% thereafter)(b)

     14,000        11,605  

Bank of New York Mellon Corp.
2.45%, 8/17/26

     20,000        18,415  

3.30%, 8/23/29

     40,000        35,914  

Becton Dickinson and Co.
3.79%, 5/20/50

     49,000        37,845  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Berkshire Hathaway Energy Co.
6.13%, 4/1/36

   $ 30,000      $ 31,580  

Berkshire Hathaway Finance Corp.
3.85%, 3/15/52

     10,000        8,106  

Biogen, Inc.
3.15%, 5/1/50

     26,000        17,210  

Booking Holdings, Inc.
3.55%, 3/15/28

     10,000        9,337  

BorgWarner, Inc.
4.38%, 3/15/45

     18,000        13,959  

Boston Scientific Corp.
4.70%, 3/1/49

     19,000        17,181  

Brighthouse Financial, Inc.
5.63%, 5/15/30

     17,000        16,192  

4.70%, 6/22/47

     8,000        5,924  

Broadcom Corp. / Broadcom Cayman Finance Ltd. 3.88%, 1/15/27

     21,000        19,898  

Broadcom, Inc.
2.45%, 2/15/31(d)

     51,000        40,210  

4.30%, 11/15/32

     35,000        30,951  

3.42%, 4/15/33(d)

     40,000        32,167  

3.47%, 4/15/34(d)

     42,000        33,385  

Broadridge Financial Solutions, Inc.
3.40%, 6/27/26

     21,000        19,696  

Brown & Brown, Inc.
4.20%, 3/17/32

     22,000        19,099  

Burlington Northern Santa Fe LLC
5.05%, 3/1/41

     12,000        11,759  

5.40%, 6/1/41

     11,000        11,132  

Campbell Soup Co.
2.38%, 4/24/30(a)

     40,000        33,270  

Capital One Financial Corp.
3.75%, 7/28/26

     84,000        79,373  

3.80%, 1/31/28

     33,000        30,953  

Carrier Global Corp.
3.38%, 4/5/40

     34,000        25,819  

Caterpillar Financial Services Corp.
2.85%, 5/17/24

     35,000        34,041  

Celanese U.S. Holdings LLC
5.90%, 7/5/24

     20,000        19,999  

6.05%, 3/15/25

     30,000        29,927  

6.17%, 7/15/27

     20,000        19,759  

CF Industries, Inc.
4.95%, 6/1/43

     20,000        17,133  

Charles Schwab Corp.
1.15%, 5/13/26

     13,000        11,566  

Chubb Corp.
6.50%, 5/15/38, Series 1

     13,000        14,506  

Cigna Corp.
4.50%, 2/25/26

     32,000        31,543  

4.38%, 10/15/28

     27,000        26,074  

4.90%, 12/15/48

     19,000        17,275  

3.40%, 3/15/51

     23,000        16,458  

Cisco Systems, Inc.
5.50%, 1/15/40

     12,000        12,541  

Citigroup, Inc.
5.50%, 9/13/25

   41,000      41,308  

4.30%, 11/20/26

     33,000        31,917  

4.45%, 9/29/27

     42,000        40,143  

3.89%, 1/10/28, (3.887% fixed rate until 1/10/27; 3-month U.S. dollar London Interbank Offered Rate + 1.563% thereafter)(b)(c)

     23,000        21,528  

4.41%, 3/31/31, (4.412% fixed rate until 3/31/30; Secured Overnight Financing Rate + 3.914% thereafter)(b)

     53,000        48,768  

2.56%, 5/1/32, (2.561% fixed rate until 5/1/31; Secured Overnight Financing Rate + 1.167% thereafter)(b)

     44,000        34,773  

6.63%, 6/15/32

     37,000        38,928  

3.06%, 1/25/33, (3.057% fixed rate until 1/25/32; Secured Overnight Financing Rate + 1.351% thereafter)(b)

     53,000        42,877  

Citizens Financial Group, Inc.
3.25%, 4/30/30

     20,000        17,414  

Clorox Co.
4.60%, 5/1/32

     18,000        17,323  

CNA Financial Corp.
4.50%, 3/1/26

     18,000        17,810  

Coca-Cola Co.
2.25%, 1/5/32

     10,000        8,385  

3.00%, 3/5/51

     11,000        8,071  

Comcast Corp.
3.38%, 8/15/25

     10,000        9,651  

3.15%, 2/15/28

     4,000        3,698  

4.15%, 10/15/28

     17,000        16,350  

4.25%, 10/15/30

     24,000        23,035  

1.50%, 2/15/31

     102,000        79,541  

4.25%, 1/15/33

     42,000        39,628  

2.94%, 11/1/56

     14,000        8,811  

Commonwealth Edison Co.
3.65%, 6/15/46

     16,000        12,176  

Conagra Brands, Inc.
4.30%, 5/1/24

     16,000        15,782  

7.00%, 10/1/28

     17,000        18,164  

Connecticut Light and Power Co.
4.30%, 4/15/44

     10,000        8,637  

ConocoPhillips Co.
4.03%, 3/15/62

     21,000        16,790  

Consolidated Edison Co. of New York, Inc.
6.75%, 4/1/38, Series 08-B

     33,000        36,310  

4.50%, 5/15/58

     5,000        4,202  

3.60%, 6/15/61

     11,000        7,940  

Continental Resources, Inc.
4.38%, 1/15/28

     80,000        72,902  

4.90%, 6/1/44

     20,000        14,835  

Corebridge Financial, Inc.

6.88%, 12/15/52, (6.875% fixed rate until 12/15/27; 5-year Constant Maturity Treasury Rate + 3.846%)(b)(d)

     60,000        56,006  

Corning, Inc.
5.45%, 11/15/79

     10,000        8,706  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

CSX Corp.
6.00%, 10/1/36

   $ 7,000      $ 7,351  

4.25%, 11/1/66

     15,000        11,844  

CubeSmart LP
2.50%, 2/15/32

     22,000        16,868  

CVS Health Corp.
3.38%, 8/12/24

     16,000        15,622  

3.88%, 7/20/25

     43,000        42,005  

4.30%, 3/25/28

     18,000        17,417  

4.78%, 3/25/38

     32,000        29,343  

5.13%, 7/20/45

     14,000        12,789  

5.05%, 3/25/48

     27,000        24,398  

Dell International LLC / EMC Corp.
6.02%, 6/15/26

     48,000        49,038  

5.30%, 10/1/29

     27,000        26,400  

3.38%, 12/15/41(d)

     16,000        10,783  

Devon Energy Corp.
4.50%, 1/15/30

     40,000        37,385  

Diamondback Energy, Inc.
6.25%, 3/15/33

     70,000        71,170  

4.25%, 3/15/52

     11,000        8,174  

Discover Financial Services
3.95%, 11/6/24

     33,000        32,162  

Dollar General Corp.
3.88%, 4/15/27

     9,000        8,594  

Dow Chemical Co.
2.10%, 11/15/30

     57,000        45,888  

DTE Electric Co.
3.00%, 3/1/32, Series A

     20,000        17,305  

Duke Energy Carolinas LLC
6.05%, 4/15/38

     20,000        21,167  

Duke Energy Corp.
2.65%, 9/1/26

     29,000        26,825  

Duke Energy Florida LLC
4.20%, 7/15/48

     13,000        10,986  

Duke Energy Progress LLC
3.70%, 10/15/46

     15,000        11,514  

4.00%, 4/1/52

     20,000        16,162  

Eastern Gas Transmission & Storage, Inc.
4.80%, 11/1/43

     10,000        8,683  

eBay, Inc.
4.00%, 7/15/42

     25,000        19,858  

Elevance Health, Inc.
3.65%, 12/1/27

     34,000        32,089  

4.65%, 1/15/43

     8,000        7,262  

4.55%, 5/15/52

     19,000        16,694  

Energy Transfer LP
6.63%, 10/15/36

     40,000        40,401  

Enterprise Products Operating LLC
2.80%, 1/31/30

     42,000        35,809  

4.85%, 3/15/44

     38,000        33,516  

3.95%, 1/31/60

     19,000        13,822  

Essential Utilities, Inc.
4.28%, 5/1/49

     12,000        9,779  

Essex Portfolio LP
2.65%, 3/15/32

     20,000        15,851  

Evergy, Inc.
2.90%, 9/15/29

   13,000      11,250  

Exelon Corp.
4.45%, 4/15/46

     14,000        11,910  

4.10%, 3/15/52

     10,000        8,044  

Exxon Mobil Corp.
2.02%, 8/16/24

     11,000        10,545  

2.71%, 3/6/25

     17,000        16,269  

3.45%, 4/15/51

     12,000        9,105  

FedEx Corp.
4.20%, 10/17/28

     37,000        35,262  

Fifth Third Bancorp
8.25%, 3/1/38

     14,000        17,372  

Fiserv, Inc.
2.75%, 7/1/24

     38,000        36,670  

Flex Ltd.
4.75%, 6/15/25

     20,000        19,629  

Fortune Brands Innovations, Inc.
4.00%, 3/25/32

     20,000        17,367  

Fox Corp.
3.50%, 4/8/30

     61,000        54,066  

General Dynamics Corp.
4.25%, 4/1/40

     20,000        18,274  

General Electric Co.
6.88%, 1/10/39, Series GMTN

     20,000        22,108  

General Mills, Inc.

4.00%, 4/17/25

     23,000        22,490  

4.20%, 4/17/28

     9,000        8,709  

Georgia Power Co.
2.20%, 9/15/24, Series A

     47,000        44,855  

5.13%, 5/15/52

     18,000        16,991  

Gilead Sciences, Inc.
4.60%, 9/1/35

     20,000        19,016  

4.80%, 4/1/44

     19,000        17,555  

4.50%, 2/1/45

     10,000        8,808  

4.15%, 3/1/47

     8,000        6,646  

Global Payments, Inc.
2.90%, 5/15/30

     36,000        29,582  

Hartford Financial Services Group, Inc.
6.10%, 10/1/41

     7,000        7,095  

Hasbro, Inc.
3.50%, 9/15/27

     19,000        17,677  

HCA, Inc.
4.50%, 2/15/27

     18,000        17,351  

4.13%, 6/15/29

     29,000        26,536  

5.25%, 6/15/49

     31,000        26,618  

Healthpeak Properties, Inc.
3.50%, 7/15/29

     31,000        27,641  

Home Depot, Inc.
4.88%, 2/15/44

     17,000        16,347  

4.40%, 3/15/45

     16,000        14,329  

4.50%, 12/6/48

     9,000        8,247  

Honeywell International, Inc.
5.70%, 3/15/37

     4,000        4,235  

HP, Inc.
2.65%, 6/17/31

     13,000        10,147  

6.00%, 9/15/41

     23,000        22,083  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Humana, Inc.
3.13%, 8/15/29

   $ 29,000      $ 25,485  

Huntington Bancshares, Inc.
2.55%, 2/4/30

     20,000        16,498  

Indiana Michigan Power Co.
4.55%, 3/15/46, Series K

     12,000        10,108  

Intel Corp.
2.00%, 8/12/31

     11,000        8,738  

4.75%, 3/25/50

     14,000        12,226  

4.90%, 8/5/52(a)

     14,000        12,475  

4.95%, 3/25/60(a)

     16,000        14,327  

Intercontinental Exchange, Inc.
4.60%, 3/15/33

     9,000        8,641  

3.00%, 6/15/50

     26,000        17,499  

International Business Machines Corp.
3.50%, 5/15/29

     100,000        91,940  

International Paper Co.
5.00%, 9/15/35

     22,000        20,867  

4.80%, 6/15/44

     3,000        2,621  

Interpublic Group of Cos., Inc.
4.65%, 10/1/28

     22,000        21,112  

J.M. Smucker Co.
4.25%, 3/15/35

     14,000        12,518  

Jabil, Inc.
3.00%, 1/15/31

     20,000        16,601  

JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.
6.50%, 12/1/52(d)

     40,000        38,178  

Jefferies Financial Group, Inc.
4.85%, 1/15/27

     50,000        49,346  

Johnson & Johnson
4.38%, 12/5/33

     12,000        11,845  

Johnson Controls International PLC
3.90%, 2/14/26

     44,000        42,753  

JPMorgan Chase & Co.

4.08%, 4/26/26, (4.08% fixed rate until 4/26/25; Secured Overnight Financing Rate + 1.32% thereafter)(b)

     91,000        88,530  

3.63%, 12/1/27

     50,000        46,474  

4.32%, 4/26/28, (4.323% fixed rate until 4/26/27; Secured Overnight Financing Rate + 1.56% thereafter)(b)

     45,000        42,926  

4.57%, 6/14/30, (4.565% fixed rate until 6/14/29; Secured Overnight Financing Rate + 1.75% thereafter)(b)

     4,000        3,781  

4.49%, 3/24/31, (4.493% fixed rate until 3/24/30; Secured Overnight Financing Rate + 3.79% thereafter)(b)

     46,000        43,098  

2.58%, 4/22/32, (2.58% fixed rate until 4/22/31; Secured Overnight Financing Rate + 1.25% thereafter)(b)

     52,000        41,694  

4.91%, 7/25/33, (4.912% fixed rate until 7/25/32; Secured Overnight Financing Rate + 2.08% thereafter)(b)

     3,000        2,856  

5.72%, 9/14/33, (5.717% fixed rate until 9/14/32; Secured Overnight Financing Rate + 2.58% thereafter)(b)

     6,000        5,902  

6.40%, 5/15/38

   22,000      23,872  

2.53%, 11/19/41, (2.525% fixed rate until 11/19/40; Secured Overnight Financing Rate + 1.51% thereafter)(b)

     24,000        15,799  

4.85%, 2/1/44

     11,000        10,182  

3.96%, 11/15/48, (3.964% fixed rate until 11/15/47; 3-month U.S. dollar London Interbank Offered Rate + 1.38% thereafter)(b)(c)

     15,000        11,778  

3.11%, 4/22/51, (3.109% fixed rate until 4/22/50; Secured Overnight Financing Rate + 2.44% thereafter)(b)

     19,000        12,675  

3.33%, 4/22/52, (3.328% fixed rate until 4/22/51; Secured Overnight Financing Rate + 1.58% thereafter)(b)

     21,000        14,486  

Kansas City Southern
4.70%, 5/1/48

     13,000        11,363  

Kellogg Co.
4.50%, 4/1/46

     20,000        17,214  

Keurig Dr. Pepper, Inc.
4.05%, 4/15/32

     14,000        12,763  

4.50%, 4/15/52

     15,000        12,600  

KeyCorp
2.55%, 10/1/29

     20,000        16,881  

Kilroy Realty LP
4.38%, 10/1/25

     33,000        32,019  

Kimberly-Clark Corp.
2.88%, 2/7/50

     13,000        9,002  

Kimco Realty Corp.
2.80%, 10/1/26

     43,000        39,544  

KLA Corp.
3.30%, 3/1/50(a)

     13,000        9,476  

Kraft Heinz Foods Co.
6.50%, 2/9/40

     20,000        21,216  

4.38%, 6/1/46

     20,000        16,368  

Kroger Co.
5.15%, 8/1/43

     2,000        1,855  

4.45%, 2/1/47

     16,000        13,536  

L3Harris Technologies, Inc.
5.05%, 4/27/45

     10,000        9,014  

Laboratory Corp. of America Holdings
1.55%, 6/1/26

     11,000        9,749  

Lam Research Corp.
3.80%, 3/15/25

     4,000        3,917  

Lear Corp.
3.50%, 5/30/30

     20,000        16,909  

Leidos, Inc.
4.38%, 5/15/30

     20,000        18,077  

Life Storage LP
2.40%, 10/15/31(a)

     22,000        16,856  

Lincoln National Corp.
3.80%, 3/1/28

     25,000        23,024  

Lockheed Martin Corp.
4.50%, 5/15/36

     20,000        19,124  

Lowe’s Cos., Inc.
4.05%, 5/3/47

     26,000        20,469  

4.45%, 4/1/62

     20,000        15,695  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

LYB International Finance III LLC
4.20%, 5/1/50

   $ 19,000      $ 14,145  

Magellan Midstream Partners LP
5.15%, 10/15/43

     9,000        7,883  

Marriott International, Inc.
5.75%, 5/1/25, Series EE

     53,000        53,637  

Marsh & McLennan Cos., Inc.
2.90%, 12/15/51

     12,000        7,777  

Martin Marietta Materials, Inc.
2.40%, 7/15/31

     35,000        28,022  

McDonald’s Corp.
6.30%, 3/1/38, Series MTN

     20,000        21,833  

4.60%, 5/26/45

     10,000        8,938  

Merck & Co., Inc.
4.00%, 3/7/49

     12,000        10,293  

MetLife, Inc.
4.60%, 5/13/46

     31,000        28,099  

Microchip Technology, Inc.
0.98%, 9/1/24

     20,000        18,555  

Micron Technology, Inc.
5.33%, 2/6/29

     24,000        23,057  

Microsoft Corp.
2.92%, 3/17/52

     23,000        16,434  

MidAmerican Energy Co.
3.65%, 8/1/48

     10,000        7,900  

Mondelez International, Inc.
2.75%, 4/13/30

     17,000        14,667  

Moody’s Corp.
5.25%, 7/15/44

     20,000        19,316  

Morgan Stanley
3.88%, 4/29/24, Series F

     33,000        32,501  

5.00%, 11/24/25

     47,000        46,892  

3.95%, 4/23/27

     61,000        57,738  

4.43%, 1/23/30, (4.431% fixed rate until 1/23/29; 3-month U.S. dollar London Interbank Offered Rate + 1.628% thereafter)(b)(c)

     42,000        39,249  

2.24%, 7/21/32, (2.239% fixed rate until 7/21/31; Secured Overnight Financing Rate + 1.178% thereafter)(b)

     45,000        34,507  

2.94%, 1/21/33, (2.943% fixed rate until 1/21/32; Secured Overnight Financing Rate + 1.29% thereafter)(b)

     53,000        43,012  

6.34%, 10/18/33, (6.342% fixed rate until 4/20/32; Secured Overnight Financing Rate + 2.57% thereafter)(b)

     2,000        2,094  

5.30%, 4/20/37, (5.297% fixed rate until 4/20/32; Secured Overnight Financing Rate + 2.62% thereafter)(b)

     37,000        33,885  

Mosaic Co.
5.45%, 11/15/33

     20,000        19,528  

Motorola Solutions, Inc.
4.60%, 5/23/29

     21,000        19,982  

Newmont Corp.
2.25%, 10/1/30

     30,000        24,166  

NextEra Energy Capital Holdings, Inc.
3.55%, 5/1/27

     33,000        31,152  

2.25%, 6/1/30

   13,000      10,710  

3.00%, 1/15/52

     25,000        16,602  

4.80%, 12/1/77, (4.80% fixed rate until 12/1/27; 3-month U.S. dollar London Interbank Offered Rate + 2.409% thereafter)(b)(c)

     11,000        9,068  

NIKE, Inc.
3.38%, 11/1/46

     8,000        6,269  

Norfolk Southern Corp.
3.70%, 3/15/53

     32,000        24,140  

Northrop Grumman Corp.
4.03%, 10/15/47

     10,000        8,311  

5.25%, 5/1/50

     15,000        14,858  

Nucor Corp.
2.70%, 6/1/30

     30,000        25,532  

O’Reilly Automotive, Inc.
3.60%, 9/1/27

     12,000        11,335  

Omnicom Group, Inc.
4.20%, 6/1/30

     20,000        18,643  

Oracle Corp.
2.65%, 7/15/26

     50,000        46,003  

2.88%, 3/25/31

     82,000        68,083  

4.30%, 7/8/34

     3,000        2,645  

3.85%, 7/15/36

     20,000        16,387  

5.38%, 7/15/40

     44,000        40,427  

4.38%, 5/15/55

     28,000        21,556  

4.10%, 3/25/61

     35,000        24,490  

Otis Worldwide Corp.
3.11%, 2/15/40

     20,000        14,768  

Owens Corning
4.30%, 7/15/47

     7,000        5,465  

PacifiCorp
6.00%, 1/15/39

     17,000        17,752  

Paramount Global
7.88%, 7/30/30

     58,000        61,900  

Parker-Hannifin Corp.
4.45%, 11/21/44

     11,000        9,496  

PepsiCo, Inc.
1.95%, 10/21/31

     11,000        8,889  

2.75%, 10/21/51

     12,000        8,394  

PerkinElmer, Inc.
0.85%, 9/15/24

     35,000        32,470  

Pfizer, Inc.
4.10%, 9/15/38

     22,000        19,998  

Philip Morris International, Inc.
2.75%, 2/25/26

     30,000        28,178  

3.13%, 8/17/27(a)

     20,000        18,564  

3.13%, 3/2/28(a)

     16,000        14,573  

3.88%, 8/21/42

     12,000        9,164  

Phillips 66
3.55%, 10/1/26(d)

     28,000        26,292  

5.88%, 5/1/42

     17,000        17,517  

Pinnacle West Capital Corp.
1.30%, 6/15/25

     10,000        9,127  

PNC Financial Services Group, Inc.
2.55%, 1/22/30

     21,000        17,863  

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

PPL Capital Funding, Inc.
4.13%, 4/15/30

   $ 19,000      $ 17,665  

Progress Energy, Inc.
7.75%, 3/1/31

     16,000        18,167  

Prudential Financial, Inc.

5.38%, 5/15/45, (5.375% fixed rate until 5/15/25; 3-month U.S. dollar London Interbank Offered Rate + 3.031% thereafter)(b)(c)

     40,000        38,872  

3.70%, 3/13/51

     21,000        16,116  

Public Service Co. of Colorado
4.50%, 6/1/52, Series 39

     9,000        8,103  

Public Service Enterprise Group, Inc.
0.80%, 8/15/25

     30,000        26,988  

QUALCOMM, Inc.
4.80%, 5/20/45

     18,000        16,974  

Quanta Services, Inc.
2.35%, 1/15/32

     11,000        8,382  

Quest Diagnostics, Inc.
2.95%, 6/30/30

     12,000        10,398  

Raytheon Technologies Corp.
1.90%, 9/1/31

     15,000        11,781  

4.15%, 5/15/45

     24,000        20,062  

4.63%, 11/16/48

     24,000        21,786  

Republic Services, Inc.
2.90%, 7/1/26

     42,000        39,267  

Roper Technologies, Inc.
4.20%, 9/15/28

     23,000        22,215  

Royalty Pharma PLC
3.55%, 9/2/50

     20,000        12,939  

S&P Global, Inc.
2.30%, 8/15/60

     13,000        7,198  

Salesforce, Inc.
2.90%, 7/15/51

     12,000        8,005  

Sempra Energy
6.00%, 10/15/39

     26,000        26,479  

Sherwin-Williams Co.
3.80%, 8/15/49

     13,000        9,784  

Southern Co.
4.25%, 7/1/36

     7,000        6,131  

4.40%, 7/1/46

     25,000        20,991  

Southern Co. Gas Capital Corp.
5.15%, 9/15/32

     13,000        12,805  

Southwestern Electric Power Co.
3.25%, 11/1/51

     25,000        16,562  

Stanley Black & Decker, Inc.
4.25%, 11/15/28

     27,000        25,861  

Starbucks Corp.
4.00%, 11/15/28

     17,000        16,218  

State Street Corp.

3.03%, 11/1/34, (3.031% fixed rate until 11/1/29; Secured Overnight Financing Rate + 1.49% thereafter)(b)

     20,000        16,883  

Steel Dynamics, Inc.
5.00%, 12/15/26

     14,000        13,987  

SVB Financial Group
1.80%, 2/2/31

     20,000        14,568  

Synchrony Financial
4.38%, 3/19/24

   20,000      19,648  

3.95%, 12/1/27

     29,000        25,908  

Target Corp.
2.50%, 4/15/26

     11,000        10,313  

TD SYNNEX Corp.
2.38%, 8/9/28

     70,000        56,869  

Teledyne Technologies, Inc.
1.60%, 4/1/26

     18,000        16,102  

Textron, Inc.
4.30%, 3/1/24

     34,000        33,619  

Toyota Motor Credit Corp.
1.90%, 9/12/31

     38,000        30,080  

Travelers Cos., Inc.
6.75%, 6/20/36

     12,000        13,520  

Truist Financial Corp.

1.89%, 6/7/29, (1.887% fixed rate until 6/7/28; Secured Overnight Financing Rate + 0.862% thereafter)(b)

     26,000        21,930  

Tyson Foods, Inc.
4.88%, 8/15/34(a)

     26,000        24,980  

U.S. Bancorp
3.00%, 7/30/29

     25,000        22,008  

Union Pacific Corp.
3.84%, 3/20/60

     13,000        10,139  

2.97%, 9/16/62

     12,000        7,743  

3.80%, 4/6/71

     10,000        7,423  

United Parcel Service, Inc.
6.20%, 1/15/38

     6,000        6,653  

UnitedHealth Group, Inc.
3.75%, 7/15/25

     23,000        22,518  

3.38%, 4/15/27

     18,000        17,097  

4.63%, 7/15/35

     22,000        21,338  

3.50%, 8/15/39

     15,000        12,316  

Valero Energy Partners LP
4.50%, 3/15/28

     45,000        43,735  

Verizon Communications, Inc.
4.33%, 9/21/28

     16,000        15,418  

4.02%, 12/3/29

     16,000        14,985  

4.50%, 8/10/33

     22,000        20,651  

4.40%, 11/1/34

     49,000        45,114  

4.81%, 3/15/39

     23,000        21,229  

3.85%, 11/1/42

     9,000        7,167  

4.00%, 3/22/50

     16,000        12,648  

2.99%, 10/30/56

     25,000        15,389  

3.00%, 11/20/60

     22,000        13,232  

3.70%, 3/22/61

     19,000        13,362  

VMware, Inc.
1.40%, 8/15/26

     50,000        43,627  

Walmart, Inc.
4.00%, 4/11/43

     20,000        17,845  

WEC Energy Group, Inc.
1.80%, 10/15/30

     23,000        18,036  

Wells Fargo & Co.

1.65%, 6/2/24, (1.654% fixed rate until 6/2/23; Secured Overnight Financing Rate + 1.60% thereafter)(b)

     92,000        90,549  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

3.00%, 2/19/25

   $ 39,000      $ 37,392  

3.55%, 9/29/25

     38,000        36,565  

4.30%, 7/22/27

     45,000        43,366  

3.35%, 3/2/33, (3.35% fixed rate until 3/2/32; Secured Overnight Financing Rate + 1.50% thereafter)(b)

     61,000        51,433  

4.90%, 7/25/33, (4.897% fixed rate until 7/25/33; 5-year Constant Maturity Treasury Rate +2.10% thereafter)(b)

     27,000        25,620  

Westlake Corp.
3.38%, 8/15/61

     14,000        8,320  

Weyerhaeuser Co.
7.38%, 3/15/32

     17,000        18,882  

Willis North America, Inc.
3.88%, 9/15/49

     11,000        7,850  

WRKCo, Inc.
4.20%, 6/1/32

     20,000        18,035  

Wyeth LLC
6.50%, 2/1/34

     10,000        11,351  

Xcel Energy, Inc.
3.30%, 6/1/25

     39,000        37,473  

Xylem, Inc.
4.38%, 11/1/46

     10,000        8,330  

Zoetis, Inc.
3.00%, 9/12/27

     15,000        13,892  
     

 

 

 
Total United States

 

     8,308,635  

TOTAL CORPORATE BONDS

(Cost: $9,683,076)

 

 

     8,465,120  
U.S. GOVERNMENT OBLIGATIONS – 1.0%

 

U.S. Treasury Bonds – 0.8%

 

3.38%, 8/15/42

     67,000        59,944  

3.00%, 8/15/52

     14,000        11,611  
     

 

 

 

Total U.S. Treasury Bonds

 

     71,555  
U.S. Treasury Notes – 0.2%

 

3.13%, 8/31/29

   7,000      6,647  

3.88%, 9/30/29

     8,000        7,944  

2.75%, 8/15/32

     2,000        1,821  
     

 

 

 

Total U.S. Treasury Notes

 

     16,412  

TOTAL U.S. GOVERNMENT OBLIGATIONS

(Cost: $87,671)

 

 

     87,967  
      Shares          
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.9%

 

United States – 1.9%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(e)

     
(Cost: $165,615)      165,615        165,615  

TOTAL INVESTMENTS IN SECURITIES – 100.7%

(Cost: $9,936,362)

        8,718,702  

Other Assets less Liabilities – (0.7)%

        (64,626
     

 

 

 
NET ASSETS – 100.0%             $ 8,654,076  
(a)

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $174,201 and the total market value of the collateral held by the Fund was $179,715. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $14,100.

 

(b) 

Rate shown reflects the accrual rate as of December 31, 2022 on securities with variable or step rates.

 

(c)

The London Interbank Offered Rate (“LIBOR”) is being phased out completely by June 30, 2023. There remains uncertainty regarding the nature of any replacement rate and the impact of a transition away from LIBOR on the Fund’s investments.

 

(d)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(e)

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FAIR VALUATION SUMMARY  

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2—Fair Value Measurement):

 

 

      Quoted
Prices in
Active
Markets
(Level 1)
    

Other

Significant
Observable
Inputs
(Level 2)

     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

Corporate Bonds

   $      $ 8,465,120      $      $ 8,465,120  

U.S. Government Obligations

            87,967               87,967  

Investment of Cash Collateral for Securities Loaned

            165,615               165,615  

Total Investments in Securities

   $      $ 8,718,702      $      $ 8,718,702  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  
CORPORATE BONDS – 97.7%

 

Canada – 0.9%

 

1375209 BC Ltd.
9.00%, 1/30/28(a)

   $ 151,999      $ 148,263  

Bausch Health Cos., Inc.
11.00%, 9/30/28(a)

     270,000        212,279  

14.00%, 10/15/30(a)

     52,999        31,585  

Open Text Holdings, Inc.
4.13%, 2/15/30(a)

     340,000        277,216  

4.13%, 12/1/31(a)

     413,000        322,673  

Primo Water Holdings, Inc.
4.38%, 4/30/29(a)

     467,000        405,052  
     

 

 

 

Total Canada

 

     1,397,068  
Germany – 0.8%

 

Deutsche Bank AG

5.88%, 7/8/31, (5.882% fixed
rate until 4/8/30; Secured
Overnight Financing Rate +
5.438% thereafter)(b)

     695,000        604,462  

3.73%, 1/14/32, (3.729%
fixed rate until 10/14/30;
Secured Overnight Financing Rate + 2.757% thereafter)(b)

     210,000        154,871  

3.74%, 1/7/33, (3.742% fixed rate until 10/7/31; Secured Overnight Financing Rate + 2.257% thereafter)(b)

     850,000        609,620  
     

 

 

 

Total Germany

 

     1,368,953  
United States – 96.0%

 

ACCO Brands Corp.
4.25%, 3/15/29(a)

     249,000        205,724  

AdaptHealth LLC
4.63%, 8/1/29(a)

     619,000        519,199  

ADT Security Corp.
4.88%, 7/15/32(a)

     723,000        617,977  

AECOM
5.13%, 3/15/27

     269,000        261,941  

Albertsons Cos., Inc. / Safeway,
Inc. / New Albertsons LP /
Albertsons LLC
3.50%, 3/15/29(a)

     831,000        697,458  

4.88%, 2/15/30(a)

     779,000        695,943  

Allison Transmission, Inc.
5.88%, 6/1/29(a)

     597,000        561,090  

AMC Networks, Inc.
4.75%, 8/1/25

     377,000        289,947  

4.25%, 2/15/29

     600,000        374,928  

American Axle & Manufacturing, Inc.
5.00%, 10/1/29

     280,000        225,949  

AmeriGas Partners LP / AmeriGas
Finance Corp.
5.50%, 5/20/25

     200,000        192,434  

5.75%, 5/20/27

     812,000        759,723  

Amkor Technology, Inc.
6.63%, 9/15/27(a)

     191,000        190,165  

Antero Midstream Partners LP
/ Antero Midstream Finance Corp.
5.75%, 1/15/28(a)

     554,000        516,550  

Antero Resources Corp.
7.63%, 2/1/29(a)

   546,000      553,622  

Apache Corp.
5.10%, 9/1/40

     404,000        335,853  

Apollo Commercial Real Estate Finance, Inc. 4.63%, 6/15/29(a)

     343,000        275,052  

APX Group, Inc.
5.75%, 7/15/29(a)

     411,000        342,211  

Aramark Services, Inc.
6.38%, 5/1/25(a)

     559,000        554,478  

5.00%, 2/1/28(a)(c)

     256,000        239,437  

Archrock Partners LP / Archrock Partners Finance Corp.
6.88%, 4/1/27(a)

     372,000        357,172  

6.25%, 4/1/28(a)

     339,000        312,304  

Asbury Automotive Group, Inc.
5.00%, 2/15/32(a)

     473,000        391,039  

ASGN, Inc.
4.63%, 5/15/28(a)

     182,000        165,312  

Audacy Capital Corp.
6.75%, 3/31/29(a)

     83,000        15,252  

Avantor Funding, Inc.
4.63%, 7/15/28(a)

     318,000        289,037  

Avient Corp.
5.75%, 5/15/25(a)

     150,000        147,063  

Axalta Coating Systems LLC
3.38%, 2/15/29(a)

     354,000        294,365  

Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV
4.75%, 6/15/27(a)(c)

     200,000        185,176  

B&G Foods, Inc.
5.25%, 4/1/25

     448,000        395,284  

5.25%, 9/15/27

     426,000        328,067  

Ball Corp.
4.00%, 11/15/23

     124,000        122,064  

5.25%, 7/1/25

     347,000        343,953  

2.88%, 8/15/30

     330,000        263,739  

Bath & Body Works, Inc.
5.25%, 2/1/28

     81,000        75,761  

6.63%, 10/1/30(a)

     150,000        140,799  

6.75%, 7/1/36

     392,000        344,548  

Berry Global, Inc.
4.50%, 2/15/26(a)(c)

     232,000        223,604  

5.63%, 7/15/27(a)

     9,000        8,833  

Black Knight InfoServ LLC
3.63%, 9/1/28(a)

     122,000        106,967  

Block, Inc.
3.50%, 6/1/31

     25,000        19,977  

Booz Allen Hamilton, Inc.
3.88%, 9/1/28(a)

     225,000        201,247  

Boyd Gaming Corp.
4.75%, 12/1/27(c)

     400,000        372,740  

4.75%, 6/15/31(a)

     70,000        61,044  

Brink’s Co.
4.63%, 10/15/27(a)

     50,000        45,767  

Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LLC
5.75%, 5/15/26(a)

     558,000        515,207  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Builders FirstSource, Inc.
5.00%, 3/1/30(a)

   $ 243,000      $ 216,822  

4.25%, 2/1/32(a)

     412,000        335,801  

6.38%, 6/15/32(a)

     600,000        565,344  

Cable One, Inc.
4.00%, 11/15/30(a)(c)

     330,000        258,090  

California Resources Corp.
7.13%, 2/1/26(a)

     200,000        191,112  

Catalent Pharma Solutions, Inc.
3.13%, 2/15/29(a)

     1,000        797  

CCO Holdings LLC / CCO Holdings Capital Corp.
5.13%, 5/1/27(a)

     149,000        139,156  

5.00%, 2/1/28(a)

     420,000        382,318  

5.38%, 6/1/29(a)

     192,000        173,702  

4.75%, 3/1/30(a)

     480,000        415,056  

4.50%, 8/15/30(a)

     820,000        679,550  

4.25%, 2/1/31(a)

     10,000        8,052  

4.50%, 5/1/32

     213,000        169,816  

CDI Escrow Issuer, Inc.
5.75%, 4/1/30(a)

     200,000        180,650  

CDW LLC / CDW Finance Corp.
4.25%, 4/1/28

     285,000        262,599  

3.25%, 2/15/29

     1,000,000        853,710  

Centene Corp.
4.63%, 12/15/29

     775,000        711,341  

3.00%, 10/15/30

     997,000        818,178  

2.50%, 3/1/31

     1,100,000        862,378  

Central Garden & Pet Co.
4.13%, 10/15/30

     100,000        82,761  

CF Industries, Inc.
5.15%, 3/15/34

     1,000        947  

Charles River Laboratories International, Inc.
4.25%, 5/1/28(a)

     335,000        308,726  

Charter Communications Operating LLC / Charter Communications Operating Capital
3.70%, 4/1/51

     1,823,000        1,118,064  

Chemours Co.
5.38%, 5/15/27(c)

     388,000        358,916  

4.63%, 11/15/29(a)

     344,000        282,562  

Cheniere Energy Partners LP
4.00%, 3/1/31

     300,000        257,811  

Cheniere Energy, Inc.
4.63%, 10/15/28

     352,000        320,017  

CHS / Community Health Systems, Inc.
8.00%, 3/15/26(a)

     408,000        372,688  

5.63%, 3/15/27(a)

     450,000        387,149  

8.00%, 12/15/27(a)(c)

     426,000        386,480  

6.00%, 1/15/29(a)

     170,000        142,628  

6.88%, 4/15/29(a)

     321,000        166,853  

6.13%, 4/1/30(a)

     250,000        126,500  

5.25%, 5/15/30(a)

     750,000        567,975  

4.75%, 2/15/31(a)

     1,308,000        956,671  

Churchill Downs, Inc.
5.50%, 4/1/27(a)

     430,000        410,177  

Cinemark USA, Inc.
5.25%, 7/15/28(a)

     450,000        334,773  

Clarivate Science Holdings Corp.
4.88%, 7/1/29(a)(c)

     630,000        536,382  

Clean Harbors, Inc.
4.88%, 7/15/27(a)

   167,000      158,663  

Clear Channel Outdoor
Holdings, Inc.
7.75%, 4/15/28(a)(c)

     928,000        682,850  

Clearway Energy Operating LLC
4.75%, 3/15/28(a)

     315,000        292,276  

3.75%, 2/15/31(a)

     176,000        147,159  

Cleveland-Cliffs, Inc.
6.75%, 3/15/26(a)

     176,000        177,005  

4.63%, 3/1/29(a)(c)

     398,000        357,440  

4.88%, 3/1/31(a)(c)

     31,000        27,487  

CNX Resources Corp.
7.25%, 3/14/27(a)(c)

     420,000        419,173  

Coherent Corp.
5.00%, 12/15/29(a)

     510,000        443,114  

Coinbase Global, Inc.
3.63%, 10/1/31(a)

     1,088,000        530,052  

CommScope Technologies LLC
6.00%, 6/15/25(a)

     680,000        619,793  

5.00%, 3/15/27(a)

     877,000        604,455  

CommScope, Inc.
6.00%, 3/1/26(a)

     690,000        639,030  

8.25%, 3/1/27(a)

     314,000        246,236  

7.13%, 7/1/28(a)

     696,000        502,157  

Compass Minerals International, Inc.
6.75%, 12/1/27(a)

     225,000        217,586  

Comstock Resources, Inc.
5.88%, 1/15/30(a)

     1,060,000        918,055  

Conduent Business Services LLC / Conduent State & Local Solutions, Inc.
6.00%, 11/1/29(a)

     370,000        303,959  

CoreCivic, Inc.
8.25%, 4/15/26(c)

     422,000        432,888  

Cornerstone Building Brands, Inc.
6.13%, 1/15/29(a)

     324,000        228,770  

Coty, Inc.
5.00%, 4/15/26(a)

     300,000        287,091  

CQP Holdco LP / BIP-V Chinook Holdco LLC
5.50%, 6/15/31(a)

     440,000        385,937  

Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp.
5.75%, 4/1/25

     596,000        580,587  

Crown Americas LLC / Crown Americas Capital Corp. VI
4.75%, 2/1/26

     50,000        48,642  

CSC Holdings LLC
5.50%, 4/15/27(a)

     440,000        370,960  

5.38%, 2/1/28(a)

     1,394,000        1,126,101  

7.50%, 4/1/28(a)

     850,000        577,167  

6.50%, 2/1/29(a)

     300,000        246,540  

5.75%, 1/15/30(a)

     500,000        283,565  

Curo Group Holdings Corp.
7.50%, 8/1/28(a)

     185,000        86,010  

DaVita, Inc.
4.63%, 6/1/30(a)

     1,151,000        929,156  

3.75%, 2/15/31(a)

     882,000        658,775  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Delta Air Lines, Inc.
3.80%, 4/19/23

   $ 59,000      $ 58,671  

3.75%, 10/28/29(c)

     248,000        208,818  

Deluxe Corp.
8.00%, 6/1/29(a)

     359,000        296,764  

Diamond Sports Group LLC / Diamond Sports Finance Co.
5.38%, 8/15/26(a)

     1,369,000        169,564  

6.63%, 8/15/27(a)

     1,498,000        23,279  

DISH DBS Corp.
5.88%, 11/15/24

     624,000        583,396  

7.75%, 7/1/26

     1,739,000        1,405,895  

5.13%, 6/1/29

     1,792,000        1,159,764  

Diversified Healthcare Trust
4.75%, 2/15/28

     422,000        240,274  

DT Midstream, Inc.
4.38%, 6/15/31(a)

     750,000        628,290  

Dycom Industries, Inc.
4.50%, 4/15/29(a)

     250,000        219,005  

Edgewell Personal Care Co.
4.13%, 4/1/29(a)

     530,000        457,162  

Elanco Animal Health, Inc.
6.40%, 8/28/28

     350,000        333,281  

Element Solutions, Inc.
3.88%, 9/1/28(a)

     391,000        334,364  

Enact Holdings, Inc.
6.50%, 8/15/25(a)

     365,000        359,748  

Encompass Health Corp.
4.50%, 2/1/28

     707,000        642,408  

Energizer Holdings, Inc.
4.75%, 6/15/28(a)

     297,000        258,743  

4.38%, 3/31/29(a)

     438,000        372,747  

EnLink Midstream LLC
5.63%, 1/15/28(a)

     234,000        223,730  

EnLink Midstream Partners LP
5.45%, 6/1/47

     450,000        361,850  

EQM Midstream Partners LP
6.00%, 7/1/25(a)

     338,000        328,600  

6.50%, 7/1/27(a)

     332,000        318,182  

5.50%, 7/15/28

     1,047,000        936,332  

4.75%, 1/15/31(a)

     611,000        503,959  

6.50%, 7/15/48

     173,000        130,712  

EQT Corp.
7.00%, 2/1/30

     290,000        300,878  

Ferrellgas LP / Ferrellgas Finance Corp.
5.88%, 4/1/29(a)

     302,000        247,981  

Fluor Corp.
4.25%, 9/15/28

     1,000        909  

Ford Motor Co.
4.35%, 12/8/26

     478,000        454,750  

9.63%, 4/22/30

     223,000        252,982  

3.25%, 2/12/32

     494,000        372,106  

4.75%, 1/15/43

     501,000        363,215  

5.29%, 12/8/46

     1,135,000        875,664  

Ford Motor Credit Co. LLC
4.54%, 8/1/26

   150,000      138,513  

4.95%, 5/28/27

     300,000        280,401  

4.00%, 11/13/30

     350,000        288,148  

Freeport-McMoRan, Inc.
3.88%, 3/15/23

     351,000        350,603  

5.25%, 9/1/29

     490,000        472,909  

5.40%, 11/14/34

     134,000        126,319  

5.45%, 3/15/43

     279,000        251,853  

Frontier Communications Holdings LLC
5.00%, 5/1/28(a)

     1,515,000        1,324,822  

5.88%, 11/1/29

     1,500,000        1,166,670  

6.00%, 1/15/30(a)

     621,000        490,391  

Gap, Inc.
3.88%, 10/1/31(a)(c)

     627,000        443,120  

Gartner, Inc.
3.75%, 10/1/30(a)

     451,000        391,495  

Gates Global LLC / Gates Corp.
6.25%, 1/15/26(a)

     286,000        277,042  

Genesis Energy LP / Genesis Energy Finance Corp.
7.75%, 2/1/28

     1,226,000        1,130,629  

GLP Capital LP / GLP Financing II, Inc.
5.38%, 4/15/26

     280,000        276,279  

4.00%, 1/15/31

     252,000        215,067  

Go Daddy Operating Co. LLC / GD Finance Co., Inc.
3.50%, 3/1/29(a)

     198,000        167,300  

Goodyear Tire & Rubber Co.
5.00%, 5/31/26(c)

     400,000        378,844  

4.88%, 3/15/27(c)

     180,000        164,882  

5.00%, 7/15/29

     227,000        189,724  

5.25%, 7/15/31

     677,000        555,302  

GrafTech Finance, Inc.
4.63%, 12/15/28(a)

     284,000        234,913  

Gray Escrow II, Inc.
5.38%, 11/15/31(a)

     840,000        609,134  

Gray Television, Inc.
5.88%, 7/15/26(a)

     758,000        676,197  

7.00%, 5/15/27(a)

     323,000        287,441  

Griffon Corp.
5.75%, 3/1/28

     550,000        503,399  

Group 1 Automotive, Inc.
4.00%, 8/15/28(a)

     253,000        215,667  

Hanesbrands, Inc.
4.88%, 5/15/26(a)(c)

     277,000        249,422  

Hilton Domestic Operating Co., Inc.
5.38%, 5/1/25(a)

     371,000        368,618  

5.75%, 5/1/28(a)

     389,000        379,349  

Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Escrow, Inc. 4.88%, 7/1/31(a)

     674,000        552,761  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp.
4.88%, 4/1/27

   $ 535,000      $ 512,262  

HLF Financing Sarl LLC / Herbalife International, Inc.
4.88%, 6/1/29(a)

     400,000        274,360  

Holly Energy Partners LP / Holly Energy Finance Corp.
5.00%, 2/1/28(a)

     197,000        180,757  

Hologic, Inc.
3.25%, 2/15/29(a)

     172,000        148,754  

Horizon Therapeutics USA, Inc.
5.50%, 8/1/27(a)

     250,000        256,723  

Hughes Satellite Systems Corp.
5.25%, 8/1/26

     200,000        192,088  

6.63%, 8/1/26

     594,000        556,519  

Huntsman International LLC
4.50%, 5/1/29

     2,000        1,802  

iHeartCommunications, Inc.
8.38%, 5/1/27(c)

     912,050        777,751  

4.75%, 1/15/28(a)(c)

     686,000        559,701  

Ingevity Corp.
3.88%, 11/1/28(a)

     196,000        169,238  

IQVIA, Inc.
5.00%, 5/15/27(a)

     200,000        191,064  

Iron Mountain, Inc.
4.88%, 9/15/27(a)

     389,000        358,615  

5.25%, 3/15/28(a)

     361,000        332,311  

4.88%, 9/15/29(a)

     425,000        370,681  

5.63%, 7/15/32(a)

     514,000        448,707  

iStar, Inc.
4.25%, 8/1/25

     1,000        984  

Kaiser Aluminum Corp.
4.50%, 6/1/31(a)

     458,000        368,379  

KAR Auction Services, Inc.
5.13%, 6/1/25(a)(c)

     504,000        494,308  

Kennedy-Wilson, Inc.
5.00%, 3/1/31

     912,000        698,264  

Koppers, Inc.
6.00%, 2/15/25(a)

     323,000        312,315  

Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.
4.25%, 2/1/27(a)

     320,000        269,670  

Lamar Media Corp.
4.00%, 2/15/30(c)

     298,000        260,541  

3.63%, 1/15/31

     34,000        28,164  

Lamb Weston Holdings, Inc.
4.88%, 5/15/28(a)

     186,000        176,538  

4.13%, 1/31/30(a)

     130,000        115,107  

4.38%, 1/31/32(a)

     355,000        310,352  

Level 3 Financing, Inc.
4.63%, 9/15/27(a)

     350,000        292,331  

4.25%, 7/1/28(a)

     629,000        495,954  

3.63%, 1/15/29(a)

     894,000        654,944  

3.75%, 7/15/29(a)

     700,000        504,728  

Lions Gate Capital Holdings LLC
5.50%, 4/15/29(a)

   397,000      230,371  

Lithia Motors, Inc.
4.38%, 1/15/31(a)

     176,000        144,566  

Live Nation Entertainment, Inc.
4.75%, 10/15/27(a)

     710,000        633,441  

3.75%, 1/15/28(a)

     121,000        103,826  

LPL Holdings, Inc.
4.00%, 3/15/29(a)

     214,000        186,492  

Lumen Technologies, Inc.
5.63%, 4/1/25

     391,000        377,299  

5.13%, 12/15/26(a)(c)

     1,261,000        1,096,881  

Macy’s Retail Holdings LLC
5.88%, 4/1/29(a)(c)

     220,000        195,989  

Marriott Ownership Resorts, Inc.
6.13%, 9/15/25(a)

     288,000        296,821  

Masonite International Corp.
5.38%, 2/1/28(a)

     254,000        235,778  

Match Group Holdings II LLC
3.63%, 10/1/31(a)

     70,000        53,969  

Mattel, Inc.
5.88%, 12/15/27(a)

     220,000        216,053  

MGM Resorts International
6.75%, 5/1/25

     453,000        457,974  

4.63%, 9/1/26

     146,000        134,015  

5.50%, 4/15/27

     449,000        417,808  

4.75%, 10/15/28

     77,000        67,301  

Michaels Cos., Inc.
5.25%, 5/1/28(a)

     200,000        162,190  

7.88%, 5/1/29(a)

     1,075,000        727,173  

MicroStrategy, Inc.
6.13%, 6/15/28(a)(c)

     330,000        239,927  

Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp.
4.88%, 5/1/29(a)

     353,000        302,048  

ModivCare Escrow Issuer, Inc.
5.00%, 10/1/29(a)

     532,000        448,646  

Molina Healthcare, Inc.
3.88%, 11/15/30(a)

     539,000        458,285  

MPH Acquisition Holdings LLC
5.75%, 11/1/28(a)(c)

     991,000        659,966  

MPT Operating Partnership LP / MPT Finance Corp.
5.25%, 8/1/26(c)

     212,000        193,762  

5.00%, 10/15/27(c)

     901,000        759,552  

4.63%, 8/1/29

     599,000        464,794  

MSCI, Inc.
4.00%, 11/15/29(a)

     309,000        270,758  

Murphy Oil USA, Inc.
4.75%, 9/15/29

     92,000        84,297  

3.75%, 2/15/31(a)

     234,000        195,449  

Nabors Industries, Inc.
7.38%, 5/15/27(a)

     530,000        519,919  

Nationstar Mortgage Holdings, Inc.
6.00%, 1/15/27(a)

     1,410,000        1,268,168  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Navient Corp.
5.50%, 1/25/23

   $ 100,000      $ 100,001  

6.13%, 3/25/24

     639,000        630,591  

6.75%, 6/25/25

     97,000        93,524  

6.75%, 6/15/26

     261,000        249,631  

5.00%, 3/15/27

     47,000        41,149  

4.88%, 3/15/28

     230,000        189,129  

NCR Corp.
5.00%, 10/1/28(a)

     731,000        627,856  

5.13%, 4/15/29(a)

     360,000        301,478  

Necessity Retail REIT, Inc. / American Finance Operating Partner LP
4.50%, 9/30/28(a)

     284,000        210,768  

Newell Brands, Inc.
4.45%, 4/1/26

     748,000        709,201  

5.75%, 4/1/46

     222,000        176,157  

News Corp.
3.88%, 5/15/29(a)

     300,000        260,475  

Nexstar Media, Inc.
5.63%, 7/15/27(a)

     615,000        565,615  

4.75%, 11/1/28(a)

     340,000        295,215  

NextEra Energy Operating Partners LP
4.25%, 9/15/24(a)

     7,000        6,520  

3.88%, 10/15/26(a)

     1,000        920  

Nordstrom, Inc.
5.00%, 1/15/44

     215,000        130,853  

NRG Energy, Inc.
5.25%, 6/15/29(a)

     600,000        531,090  

3.63%, 2/15/31(a)

     500,000        383,640  

3.88%, 2/15/32(a)

     580,000        438,573  

NuStar Logistics LP
5.63%, 4/28/27

     598,000        562,778  

6.38%, 10/1/30

     340,000        315,602  

Occidental Petroleum Corp.
2.90%, 8/15/24

     550,000        529,204  

3.40%, 4/15/26

     165,000        154,833  

3.50%, 8/15/29

     600,000        538,914  

7.50%, 5/1/31

     101,000        108,258  

6.45%, 9/15/36

     580,000        592,673  

4.40%, 8/15/49

     621,000        486,870  

Olin Corp.
5.13%, 9/15/27

     310,000        294,878  

ON Semiconductor Corp.
3.88%, 9/1/28(a)

     166,000        145,912  

OneMain Finance Corp.
5.63%, 3/15/23

     411,000        410,642  

6.13%, 3/15/24

     353,000        341,859  

6.88%, 3/15/25

     575,000        554,254  

7.13%, 3/15/26

     61,000        58,045  

6.63%, 1/15/28

     265,000        244,635  

5.38%, 11/15/29

     465,000        381,393  

4.00%, 9/15/30

     909,000        680,432  

Organon & Co. / Organon Foreign Debt Co-Issuer BV
4.13%, 4/30/28(a)

     650,000        576,179  

5.13%, 4/30/31(a)

     782,000        678,792  

Outfront Media Capital LLC / Outfront Media Capital Corp.
4.63%, 3/15/30(a)

   $ 686,000      $ 569,414  

Owens & Minor, Inc.
4.50%, 3/31/29(a)(c)

     334,000        266,342  

6.63%, 4/1/30(a)

     258,000        222,068  

Owens-Brockway Glass Container, Inc.
5.88%, 8/15/23(a)

     218,000        217,163  

Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer LLC
4.38%, 10/15/28(a)

     589,000        527,020  

Paramount Global

6.25%, 2/28/57, (6.25% fixed rate until 2/28/27; 3-month U.S. dollar London Interbank Offered Rate + 3.899% thereafter)(b)(d)

     195,000        158,722  

6.38%, 3/30/62, (6.375% fixed rate until 3/30/27; 5-year Constant Maturity Treasury Rate + 3.999% thereafter)(b)

     700,000        570,864  

Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer, Inc.
7.50%, 6/1/25(a)

     100,000        100,220  

5.88%, 10/1/28(a)

     364,000        332,125  

Party City Holdings, Inc.
8.75%, 2/15/26(a)

     288,000        85,896  

Patterson-UTI Energy, Inc.
3.95%, 2/1/28

     249,000        220,263  

PBF Holding Co. LLC / PBF Finance Corp.
7.25%, 6/15/25

     249,000        245,863  

6.00%, 2/15/28

     431,000        383,499  

PDC Energy, Inc.
5.75%, 5/15/26

     241,000        229,866  

PennyMac Financial Services, Inc.
4.25%, 2/15/29(a)

     1,040,000        817,502  

Performance Food Group, Inc.
5.50%, 10/15/27(a)

     461,000        438,595  

4.25%, 8/1/29(a)

     165,000        143,187  

PGT Innovations, Inc.
4.38%, 10/1/29(a)

     345,000        289,396  

Pilgrim’s Pride Corp.
5.88%, 9/30/27(a)

     223,000        218,928  

4.25%, 4/15/31(a)

     270,000        229,956  

Post Holdings, Inc.
5.63%, 1/15/28(a)

     261,000        247,258  

5.50%, 12/15/29(a)

     204,000        184,989  

4.63%, 4/15/30(a)

     738,000        637,322  

4.50%, 9/15/31(a)

     1,069,000        904,171  

PRA Health Sciences, Inc.
2.88%, 7/15/26(a)

     200,000        182,084  

Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.
5.88%, 9/1/31(a)

     949,000        671,256  

Prestige Brands, Inc.
3.75%, 4/1/31(a)

  

 

218,000

 

     180,526  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Prime Security Services Borrower LLC / Prime Finance, Inc.
5.25%, 4/15/24(a)

   $ 113,000      $ 111,418  

5.75%, 4/15/26(a)

     715,000        690,654  

6.25%, 1/15/28(a)

     623,000        569,366  

PROG Holdings, Inc.
6.00%, 11/15/29(a)

     444,000        358,175  

Qorvo, Inc.
4.38%, 10/15/29

     308,000        272,481  

QVC, Inc.
4.45%, 2/15/25

     179,000        146,694  

4.75%, 2/15/27

     462,000        327,687  

Rackspace Technology Global, Inc.
3.50%, 2/15/28(a)

     517,000        301,866  

Radian Group, Inc.
6.63%, 3/15/25

     102,000        101,033  

Range Resources Corp.
4.75%, 2/15/30(a)

     219,000        193,883  

Realogy Group LLC / Realogy Co-Issuer Corp.
5.75%, 1/15/29(a)

     180,000        136,280  

5.25%, 4/15/30(a)

     982,000        717,518  

RHP Hotel Properties LP / RHP Finance Corp.
4.75%, 10/15/27

     4,000        3,639  

4.50%, 2/15/29(a)

     243,000        211,063  

Rithm Capital Corp.
6.25%, 10/15/25(a)

     300,000        269,529  

RLJ Lodging Trust LP
4.00%, 9/15/29(a)

     202,000        165,177  

Roller Bearing Co. of America, Inc.
4.38%, 10/15/29(a)

     250,000        217,503  

Sabra Health Care LP
3.20%, 12/1/31

     151,000        112,891  

Sally Holdings LLC / Sally Capital, Inc.
5.63%, 12/1/25

     1,000        969  

Scientific Games International, Inc.
7.25%, 11/15/29(a)

     337,000        323,773  

SeaWorld Parks & Entertainment, Inc.
5.25%, 8/15/29(a)

     375,000        327,506  

Select Medical Corp.
6.25%, 8/15/26(a)

     302,000        288,211  

Sensata Technologies BV
4.00%, 4/15/29(a)

     500,000        431,865  

Sensata Technologies, Inc.
3.75%, 2/15/31(a)

     247,000        204,674  

Service Corp. International
4.63%, 12/15/27

     355,000        332,081  

5.13%, 6/1/29

     233,000        219,789  

3.38%, 8/15/30

     176,000        144,894  

Service Properties Trust
4.35%, 10/1/24

     828,000        755,914  

Silgan Holdings, Inc.
4.13%, 2/1/28

     102,000        94,492  

Sinclair Television Group, Inc.
5.50%, 3/1/30(a)(c)

     484,000        339,405  

4.13%, 12/1/30(a)

     163,000        122,154  

Sirius XM Radio, Inc.
5.00%, 8/1/27(a)

   88,000      81,673  

4.00%, 7/15/28(a)

     500,000        434,705  

5.50%, 7/1/29(a)

     835,000        764,426  

4.13%, 7/1/30(a)

     757,000        626,100  

3.88%, 9/1/31(a)

     1,010,000        798,748  

Six Flags Entertainment Corp.
5.50%, 4/15/27(a)(c)

     38,000        34,284  

Six Flags Theme Parks, Inc.
7.00%, 7/1/25(a)

     37,000        37,360  

Skyworks Solutions, Inc.
3.00%, 6/1/31

     209,000        164,101  

Sonic Automotive, Inc.
4.88%, 11/15/31(a)

     458,000        360,950  

Southwestern Energy Co.
5.38%, 3/15/30

     382,000        347,597  

4.75%, 2/1/32

     500,000        427,445  

Spectrum Brands, Inc.
3.88%, 3/15/31(a)(c)

     373,000        291,887  

Sprint LLC

7.13%, 6/15/24

     279,000        284,848  

7.63%, 2/15/25

     200,000        207,204  

7.63%, 3/1/26

     109,000        114,915  

SS&C Technologies, Inc.
5.50%, 9/30/27(a)

     380,000        358,503  

Stagwell Global LLC
5.63%, 8/15/29(a)

     622,000        513,175  

Station Casinos LLC
4.50%, 2/15/28(a)

     9,000        7,826  

4.63%, 12/1/31(a)

     470,000        379,121  

Stericycle, Inc.
3.88%, 1/15/29(a)

     300,000        262,098  

Suburban Propane Partners LP / Suburban Energy Finance Corp.
5.00%, 6/1/31(a)

     350,000        300,265  

Summit Materials LLC / Summit Materials Finance Corp.
5.25%, 1/15/29(a)

     265,000        247,192  

Summit Midstream Holdings LLC / Summit Midstream Finance Corp.
8.50%, 10/15/26(a)

     322,000        306,145  

SunCoke Energy, Inc.
4.88%, 6/30/29(a)

     345,000        294,827  

Sunoco LP / Sunoco Finance Corp.
4.50%, 4/30/30

     180,000        156,506  

Syneos Health, Inc.
3.63%, 1/15/29(a)

     363,000        289,500  

Talos Production, Inc.
12.00%, 1/15/26

     400,000        422,408  

Taylor Morrison Communities, Inc.
5.13%, 8/1/30(a)

     592,000        515,697  

TEGNA, Inc.
4.63%, 3/15/28

     313,000        297,513  

5.00%, 9/15/29

     128,000        121,379  

Teleflex, Inc.
4.63%, 11/15/27

     169,000        161,334  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Tempur Sealy International, Inc.
3.88%, 10/15/31(a)

   $ 471,000      $ 369,391  

Tenet Healthcare Corp.
4.63%, 7/15/24

     51,000        49,965  

4.63%, 9/1/24(a)

     664,000        648,389  

4.88%, 1/1/26(a)

     830,000        791,861  

6.25%, 2/1/27(a)

     615,000        591,907  

6.13%, 10/1/28(a)

     1,094,000        982,882  

Terex Corp.
5.00%, 5/15/29(a)

     343,000        308,553  

TerraForm Power Operating LLC
5.00%, 1/31/28(a)

     537,000        483,735  

TopBuild Corp.
4.13%, 2/15/32(a)

     266,000        216,266  

Townsquare Media, Inc.
6.88%, 2/1/26(a)

     296,000        261,140  

TransDigm, Inc.
6.38%, 6/15/26

     519,000        506,212  

4.88%, 5/1/29

     245,000        213,870  

Transocean, Inc.
11.50%, 1/30/27(a)

     1,048,000        1,056,174  

8.00%, 2/1/27(a)

     47,000        38,410  

Travel + Leisure Co.
6.63%, 7/31/26(a)

     230,000        225,655  

TreeHouse Foods, Inc.
4.00%, 9/1/28

     264,000        225,831  

TriNet Group, Inc.
3.50%, 3/1/29(a)

     317,000        263,205  

Tronox, Inc.
4.63%, 3/15/29(a)

     495,000        411,781  

TTM Technologies, Inc.
4.00%, 3/1/29(a)(c)

     239,000        205,564  

Tutor Perini Corp.
6.88%, 5/1/25(a)

     239,000        209,878  

U.S. Foods, Inc.
6.25%, 4/15/25(a)

     316,000        313,690  

4.75%, 2/15/29(a)

     375,000        333,360  

Under Armour, Inc.
3.25%, 6/15/26

     1,000        897  

United Airlines, Inc.
4.38%, 4/15/26(a)

     590,000        550,057  

4.63%, 4/15/29(a)

     850,000        743,308  

United Natural Foods, Inc.
6.75%, 10/15/28(a)

     314,000        302,379  

United Rentals North America, Inc.
5.50%, 5/15/27

     389,000        384,511  

4.88%, 1/15/28

     373,000        353,791  

5.25%, 1/15/30

     55,000        51,703  

United States Steel Corp.
6.88%, 3/1/29(c)

     396,000        386,132  

Uniti Group LP / Uniti Fiber Holdings, Inc. / CSL Capital LLC
7.88%, 2/15/25(a)

     600,000        582,756  

Univar Solutions USA, Inc.
5.13%, 12/1/27(a)

   198,000      188,235  

Urban One, Inc.
7.38%, 2/1/28(a)

     526,000        445,522  

USA Compression Partners LP / USA Compression Finance Corp.
6.88%, 4/1/26

     820,000        788,651  

Vail Resorts, Inc.
6.25%, 5/15/25(a)

     29,000        29,125  

Valvoline, Inc.
4.25%, 2/15/30(a)

     308,000        300,824  

3.63%, 6/15/31(a)

     124,000        102,294  

Vector Group Ltd.
5.75%, 2/1/29(a)

     152,000        132,074  

Vertiv Group Corp.
4.13%, 11/15/28(a)

     200,000        171,400  

Victors Merger Corp.
6.38%, 5/15/29(a)

     253,000        140,529  

Vista Outdoor, Inc.
4.50%, 3/15/29(a)

     357,000        263,562  

Vistra Operations Co. LLC
5.63%, 2/15/27(a)

     959,000        917,840  

Vontier Corp.
2.95%, 4/1/31

     458,000        336,163  

W&T Offshore, Inc.
9.75%, 11/1/23(a)

     77,000        76,139  

Western Digital Corp.
4.75%, 2/15/26

     998,000        940,944  

2.85%, 2/1/29

     500,000        387,820  

Western Midstream Operating LP
3.95%, 6/1/25

     749,000        711,415  

4.65%, 7/1/26

     220,000        209,783  

4.30%, 2/1/30

     356,000        312,383  

Westinghouse Air Brake Technologies Corp.
4.95%, 9/15/28

     362,000        348,251  

Williams Scotsman International, Inc.
4.63%, 8/15/28(a)

     235,000        214,282  

WW International, Inc.
4.50%, 4/15/29(a)

     1,000        500  

Xerox Holdings Corp.
5.50%, 8/15/28(a)

     804,000        650,315  

Yum! Brands, Inc.
4.75%, 1/15/30(a)

     100,000        92,164  

3.63%, 3/15/31

     30,000        25,162  

Ziff Davis, Inc.
4.63%, 10/15/30(a)

     232,000        196,720  

ZipRecruiter, Inc.
5.00%, 1/15/30(a)

     150,000        123,680  
     

 

 

 
Total United States

 

     151,650,280  

TOTAL CORPORATE BONDS

(Cost: $177,500,745)

 

 

     154,416,301  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)

December 31, 2022

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.5%

 

United States – 5.5%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 4.34%(e)

     
(Cost: $8,657,393)      8,657,393      $ 8,657,393  

TOTAL INVESTMENTS IN SECURITIES – 103.2%

(Cost: $186,158,138)

 

 

     163,073,694  

Other Assets less Liabilities – (3.2)%

 

     (5,079,911
  

 

 

 
NET ASSETS – 100.0%

 

   $ 157,993,783  
(a)

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b)

Rate shown reflects the accrual rate as of December 31, 2022 on securities with variable or step rates.

 

(c)

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $9,015,639 and the total market value of the collateral held by the Fund was $9,299,738. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $642,345.

 

(d)

The London Interbank Offered Rate (“LIBOR”) is being phased out completely by June 30, 2023. There remains uncertainty regarding the nature of any replacement rate and the impact of a transition away from LIBOR on the Fund’s investments.

 

(e)

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 – Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
    

Other

Significant
Observable

Inputs
(Level 2)

     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

  

Corporate Bonds

   $      $ 154,416,301      $      $ 154,416,301  

Investment of Cash Collateral for Securities Loaned

            8,657,393               8,657,393  

Total Investments in Securities

   $      $ 163,073,694      $      $ 163,073,694  

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  
CORPORATE BONDS – 99.1%

 

  
Germany – 2.0%      

Deutsche Bank AG
0.90%, 5/28/24

   $ 50,000      $ 46,826  

3.70%, 5/30/24

     100,000        97,209  

3.96%, 11/26/25, (3.961% fixed rate until 11/26/24; Secured Overnight Financing Rate + 2.581% thereafter)(a)

     150,000        143,559  

4.10%, 1/13/26

     129,000        123,475  

1.69%, 3/19/26

     200,000        179,652  

2.13%, 11/24/26, (2.129% fixed rate until 11/24/25; Secured Overnight Financing Rate + 1.87% thereafter)(a)

     150,000        132,541  
     

 

 

 
Total Germany               723,262  
Switzerland – 0.1%      

Novartis Capital Corp.
2.00%, 2/14/27

     50,000        45,568  
United Kingdom – 2.3%      

AstraZeneca Finance LLC
1.20%, 5/28/26

     130,000        115,909  

BAT Capital Corp.
3.22%, 8/15/24

     235,000        226,761  

2.79%, 9/6/24

     50,000        47,935  

3.22%, 9/6/26

     62,000        57,383  

3.56%, 8/15/27

     203,000        185,154  

Reynolds American, Inc.
4.45%, 6/12/25

     137,000        134,166  

Unilever Capital Corp.
2.00%, 7/28/26

     100,000        91,375  
     

 

 

 
Total United Kingdom               858,683  
United States – 94.7%      

3M Co.
2.65%, 4/15/25

     9,000        8,604  

3.00%, 8/7/25

     13,000        12,475  

2.88%, 10/15/27

     120,000        111,192  

Abbott Laboratories
3.88%, 9/15/25

     15,000        14,725  

AbbVie, Inc.
2.60%, 11/21/24

     223,000        213,551  

3.60%, 5/14/25

     174,000        168,683  

3.20%, 5/14/26

     78,000        73,843  

2.95%, 11/21/26

     179,000        166,855  

Affiliated Managers Group, Inc.
3.50%, 8/1/25

     39,000        37,521  

Alexandria Real Estate Equities, Inc.
3.45%, 4/30/25

     9,000        8,720  

3.80%, 4/15/26

     49,000        47,510  

Allegion U.S. Holding Co., Inc.
3.20%, 10/1/24

     50,000        48,107  

Ally Financial, Inc.
3.88%, 5/21/24

     156,000        152,173  

4.63%, 3/30/25

     33,000        32,293  

5.80%, 5/1/25

     71,000        70,761  

Amazon.com, Inc.
3.80%, 12/5/24

     9,000        8,866  

3.15%, 8/22/27

   79,000      74,421  

Amcor Finance USA, Inc.
3.63%, 4/28/26

     160,000        151,808  

Ameren Corp.
1.95%, 3/15/27

     160,000        141,053  

American Express Co.
3.00%, 10/30/24

     43,000        41,638  

3.63%, 12/5/24

     60,000        58,516  

1.65%, 11/4/26

     140,000        124,198  

American Honda Finance Corp.
2.15%, 9/10/24

     179,000        170,898  

1.20%, 7/8/25

     75,000        68,629  

American International Group, Inc.
2.50%, 6/30/25

     36,000        33,950  

American Water Capital Corp.
3.40%, 3/1/25

     40,000        38,804  

Ameriprise Financial, Inc.
3.70%, 10/15/24

     50,000        48,777  

Amgen, Inc.
3.63%, 5/22/24

     153,000        150,241  

2.60%, 8/19/26

     6,000        5,550  

2.20%, 2/21/27

     64,000        57,571  

Amphenol Corp.
3.20%, 4/1/24

     25,000        24,458  

Analog Devices, Inc.
3.45%, 6/15/27(b)

     78,000        73,547  

Aon Corp. / Aon Global Holdings PLC
2.85%, 5/28/27

     50,000        45,922  

Apple, Inc.
2.85%, 5/11/24

     136,000        132,495  

3.25%, 2/23/26

     25,000        24,048  

2.45%, 8/4/26

     50,000        46,451  

Archer-Daniels-Midland Co.
2.50%, 8/11/26(c)

     32,000        29,728  

AutoNation, Inc.
4.50%, 10/1/25

     50,000        48,628  

AutoZone, Inc.
3.13%, 4/21/26

     76,000        71,785  

AvalonBay Communities, Inc.
3.35%, 5/15/27

     40,000        37,202  

Avangrid, Inc.
3.20%, 4/15/25

     66,000        63,159  

Avnet, Inc.
4.63%, 4/15/26

     49,000        47,226  

Bank of America Corp.

     

0.81%, 10/24/24, (0.81% fixed rate until 10/24/23; Secured Overnight Financing Rate + 0.74% thereafter)(a)

     70,000        67,127  

4.00%, 1/22/25

     15,000        14,692  

3.46%, 3/15/25, (3.458% fixed rate until 3/15/24; 3-month U.S. dollar London Interbank Offered Rate + 0.97% thereafter)(a)(d)

     253,000        246,624  

3.95%, 4/21/25, Series L

     93,000        90,616  

3.09%, 10/1/25, (3.093% fixed rate until 10/1/24; 3-month U.S. dollar London Interbank Offered Rate + 1.09% thereafter)(a)(d)

     161,000        154,415  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

3.37%, 1/23/26, (3.366% fixed rate until 1/23/25; 3-month U.S. dollar London Interbank Offered Rate + 0.81% thereafter)(a)(d)

   $   283,000      $   270,664  

4.45%, 3/3/26

     94,000        92,159  

3.50%, 4/19/26

     196,000        187,221  

1.32%, 6/19/26, (1.319% fixed rate until 6/19/25; Secured Overnight Financing Rate + 1.15% thereafter)(a)

     316,000        284,836  

4.25%, 10/22/26

     74,000        71,613  

1.20%, 10/24/26, (1.197% fixed rate until 10/24/25; Secured Overnight Financing Rate + 1.01% thereafter)(a)

     166,000        148,187  

1.66%, 3/11/27, Series N, (1.658% fixed rate until 3/11/26; Secured Overnight Financing Rate + 0.91% thereafter)(a)

     300,000        265,329  

Bank of New York Mellon Corp.
3.95%, 11/18/25

     13,000        12,727  

2.45%, 8/17/26

     100,000        92,074  

BankUnited, Inc.
4.88%, 11/17/25

     38,000        37,514  

Baxter International, Inc.
1.92%, 2/1/27

     61,000        54,209  

Becton Dickinson and Co.
3.36%, 6/6/24

     33,000        32,218  

3.73%, 12/15/24

     73,000        71,203  

Berkshire Hathaway Energy Co.
4.05%, 4/15/25

     39,000        38,458  

Biogen, Inc.
4.05%, 9/15/25

     130,000        126,372  

Boardwalk Pipelines LP
5.95%, 6/1/26(c)

     40,000        40,635  

BorgWarner, Inc.
2.65%, 7/1/27(c)

     150,000        133,683  

Broadcom Corp. / Broadcom Cayman Finance Ltd.
3.88%, 1/15/27

     174,000        164,867  

Broadcom, Inc.
3.15%, 11/15/25

     34,000        32,241  

3.46%, 9/15/26

     54,000        50,892  

4.11%, 9/15/28

     68,000        63,495  

Broadridge Financial Solutions, Inc.
3.40%, 6/27/26

     46,000        43,143  

Bunge Ltd. Finance Corp.
3.75%, 9/25/27

     180,000        168,574  

Burlington Northern Santa Fe LLC
3.40%, 9/1/24

     9,000        8,807  

7.00%, 12/15/25

     50,000        53,387  

Cadence Design Systems, Inc.
4.38%, 10/15/24

     29,000        28,765  

Capital One Financial Corp.
3.90%, 1/29/24

     200,000        197,580  

3.30%, 10/30/24

     102,000        98,490  

4.25%, 4/30/25

     90,000        88,378  

4.20%, 10/29/25

     308,000        298,067  

3.75%, 7/28/26

     125,000        118,115  

Carrier Global Corp.
2.24%, 2/15/25

     22,000        20,764  

2.49%, 2/15/27

   152,000      137,251  

Caterpillar Financial Services Corp.
2.15%, 11/8/24

     9,000        8,586  

0.80%, 11/13/25

     156,000        140,227  

Celanese U.S. Holdings LLC
3.50%, 5/8/24

     20,000        19,331  

5.90%, 7/5/24

     111,000        110,993  

1.40%, 8/5/26

     64,000        54,068  

6.17%, 7/15/27

     134,000        132,385  

Charles Schwab Corp.
4.20%, 3/24/25

     56,000        55,405  

3.63%, 4/1/25

     60,000        58,506  

Chubb INA Holdings, Inc.
3.35%, 5/15/24

     30,000        29,365  

Cigna Corp.
3.25%, 4/15/25

     114,000        109,917  

4.13%, 11/15/25

     81,000        79,272  

1.25%, 3/15/26

     91,000        81,153  

Cintas Corp. No. 2
3.70%, 4/1/27

     80,000        77,153  

Citigroup, Inc.

     

4.04%, 6/1/24, (4.044% fixed rate until 6/1/23; 3-month U.S. dollar London Interbank Offered Rate + 1.023% thereafter)(a)(d)

     100,000        99,370  

4.00%, 8/5/24

     56,000        55,189  

3.35%, 4/24/25, (3.352% fixed rate until 4/24/24; 3-month U.S. dollar London Interbank Offered Rate + 0.897% thereafter)(a)(d)

     91,000        88,263  

3.30%, 4/27/25

     150,000        145,211  

4.40%, 6/10/25

     193,000        189,617  

5.50%, 9/13/25

     229,000        230,720  

4.60%, 3/9/26

     87,000        85,673  

3.11%, 4/8/26, (3.106% fixed rate until 4/8/25; Secured Overnight Financing Rate + 2.842% thereafter)(a)

     99,000        93,658  

3.20%, 10/21/26

     305,000        282,948  

4.30%, 11/20/26

     48,000        46,425  

1.12%, 1/28/27, (1.122% fixed rate until 1/28/26; Secured Overnight Financing Rate + 0.765% thereafter)(a)

     29,000        25,320  

4.45%, 9/29/27

     386,000        368,931  

Citizens Financial Group, Inc.
2.85%, 7/27/26

     111,000        102,878  

CNA Financial Corp.
4.50%, 3/1/26

     52,000        51,451  

Comcast Corp.
3.15%, 3/1/26

     273,000        260,248  

Conagra Brands, Inc.
4.60%, 11/1/25

     123,000        121,178  

Corebridge Financial, Inc.
3.65%, 4/5/27(b)

     190,000        177,388  

CSX Corp.
3.35%, 11/1/25

     40,000        38,422  

2.60%, 11/1/26

     70,000        64,633  

CVS Health Corp.
2.63%, 8/15/24

     196,000        188,289  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

3.88%, 7/20/25

   $ 190,000      $ 185,601  

D.R. Horton, Inc.
2.50%, 10/15/24

     78,000        74,325  

2.60%, 10/15/25

     25,000        23,283  

DCP Midstream Operating LP
5.63%, 7/15/27

     150,000        149,415  

Dell International LLC / EMC Corp.
6.02%, 6/15/26

     348,000        355,527  

4.90%, 10/1/26

     93,000        91,683  

Devon Energy Corp.
5.85%, 12/15/25

     160,000        163,118  

Discover Bank
3.45%, 7/27/26

     260,000        239,834  

Discover Financial Services
3.95%, 11/6/24

     25,000        24,366  

4.50%, 1/30/26

     116,000        112,571  

Dollar General Corp.
4.63%, 11/1/27

     170,000        167,312  

Dominion Energy, Inc.
1.45%, 4/15/26, Series A

     247,000        220,373  

DTE Energy Co.
2.53%, 10/1/24, Series C(a)

     26,000        24,867  

Duke Energy Corp.
2.65%, 9/1/26

     60,000        55,500  

Eastman Chemical Co.
3.80%, 3/15/25

     54,000        52,436  

eBay, Inc.
1.40%, 5/10/26

     151,000        134,099  

Elevance Health, Inc.
3.50%, 8/15/24

     121,000        118,063  

3.35%, 12/1/24

     9,000        8,750  

Emerson Electric Co.
1.80%, 10/15/27

     130,000        113,710  

Energy Transfer LP
4.40%, 3/15/27

     200,000        190,454  

4.00%, 10/1/27

     250,000        234,162  

Enterprise Products Operating LLC
3.75%, 2/15/25

     42,000        40,871  

EOG Resources, Inc.
4.15%, 1/15/26

     52,000        51,051  

ERP Operating LP
3.25%, 8/1/27

     120,000        109,993  

Evergy Kansas Central, Inc.
2.55%, 7/1/26

     62,000        57,189  

Evergy, Inc.
2.45%, 9/15/24

     36,000        34,242  

Exelon Corp.
3.40%, 4/15/26

     47,000        44,719  

Exxon Mobil Corp.
2.71%, 3/6/25

     63,000        60,292  

2.28%, 8/16/26(c)

     55,000        50,960  

Fidelity National Information Services, Inc.
4.70%, 7/15/27

     120,000        117,300  

Fifth Third Bancorp
2.38%, 1/28/25

     50,000        47,460  

Fifth Third Bank NA
3.85%, 3/15/26

   200,000      191,372  

Fiserv, Inc.
2.75%, 7/1/24

     131,000        126,414  

Florida Power & Light Co.
2.85%, 4/1/25

     97,000        93,023  

FMC Corp.
3.20%, 10/1/26

     138,000        128,858  

Fortinet, Inc.
1.00%, 3/15/26

     42,000        36,817  

Fortive Corp.
3.15%, 6/15/26

     55,000        51,455  

Fox Corp.
3.05%, 4/7/25

     47,000        45,035  

GE HealthCare Technologies, Inc.
5.65%, 11/15/27(b)

     250,000        253,810  

General Dynamics Corp.
2.38%, 11/15/24

     9,000        8,601  

3.25%, 4/1/25

     32,000        31,046  

General Mills, Inc.
4.00%, 4/17/25

     75,000        73,336  

Georgia Power Co.
2.20%, 9/15/24, Series A

     82,000        78,258  

Gilead Sciences, Inc.
3.50%, 2/1/25

     283,000        274,216  

Global Payments, Inc.
2.65%, 2/15/25

     11,000        10,368  

1.20%, 3/1/26

     280,000        244,303  

4.80%, 4/1/26

     43,000        41,918  

Goldman Sachs BDC, Inc.
2.88%, 1/15/26

     81,000        74,673  

Goldman Sachs Group, Inc.
5.95%, 1/15/27

     460,000        472,682  

1.43%, 3/9/27, (1.431% fixed rate until 3/9/26; Secured Overnight Financing Rate + 0.798% thereafter)(a)

     60,000        52,582  

4.39%, 6/15/27, (4.387% fixed rate until 6/15/26; Secured Overnight Financing Rate + 1.51% thereafter)(a)

     310,000        299,156  

1.95%, 10/21/27, (1.948% fixed rate until 10/21/26; Secured Overnight Financing Rate + 0.913% thereafter)(a)

     214,000        186,957  

Hasbro, Inc.
3.50%, 9/15/27

     170,000        158,163  

HCA, Inc.
5.00%, 3/15/24

     264,000        262,625  

5.25%, 4/15/25

     28,000        27,840  

5.88%, 2/15/26

     167,000        168,144  

5.25%, 6/15/26

     94,000        93,024  

4.50%, 2/15/27

     75,000        72,296  

3.13%, 3/15/27(b)

     42,000        38,264  

Hewlett Packard Enterprise Co.
1.75%, 4/1/26

     185,000        166,409  

HF Sinclair Corp.
5.88%, 4/1/26

     74,000        74,331  

Home Depot, Inc.
2.88%, 4/15/27

     80,000        74,780  

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Honeywell International, Inc.
1.35%, 6/1/25

   $ 56,000      $ 51,833  

HP, Inc.
2.20%, 6/17/25

     54,000        50,609  

1.45%, 6/17/26

     50,000        43,890  

Humana, Inc.
1.35%, 2/3/27

     271,000        234,201  

Huntington Bancshares, Inc.
4.00%, 5/15/25

     102,000        99,479  

Intel Corp.
2.60%, 5/19/26(c)

     179,000        167,188  

Intercontinental Exchange, Inc.
3.10%, 9/15/27

     120,000        111,557  

International Business Machines Corp.
3.00%, 5/15/24

     100,000        97,362  

3.45%, 2/19/26

     200,000        192,236  

3.30%, 5/15/26

     100,000        95,241  

Interstate Power and Light Co.
3.25%, 12/1/24

     9,000        8,706  

ITC Holdings Corp.
3.35%, 11/15/27

     150,000        138,293  

J.M. Smucker Co.
3.50%, 3/15/25

     57,000        55,198  

Jabil, Inc.
4.25%, 5/15/27

     40,000        37,915  

JB Hunt Transport Services, Inc.
3.88%, 3/1/26

     43,000        41,716  

JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.
2.50%, 1/15/27(b)

     150,000        131,450  

Jefferies Financial Group, Inc.
6.45%, 6/8/27

     100,000        104,112  

JPMorgan Chase & Co.

     

4.02%, 12/5/24, (4.023% fixed rate until 12/5/23; 3-month U.S. dollar London Interbank Offered Rate + 1.00% thereafter)(a)(d)

     84,000        82,790  

3.13%, 1/23/25

     38,000        36,717  

3.22%, 3/1/25, (3.22% fixed rate until 3/1/24; 3-month U.S. dollar London Interbank Offered Rate + 1.155% thereafter)(a)(d)

     359,000        348,998  

0.82%, 6/1/25, (0.824% fixed rate until 6/1/24; Secured Overnight Financing Rate + 0.54% thereafter)(a)

     200,000        186,730  

3.90%, 7/15/25

     58,000        56,775  

2.01%, 3/13/26, (2.005% fixed rate until 3/13/25; 3-month Secured Overnight Financing Rate + 1.585% thereafter)(a)

     154,000        142,670  

3.30%, 4/1/26

     112,000        106,486  

2.08%, 4/22/26, (2.083% fixed rate until 4/22/25; Secured Overnight Financing Rate + 1.85% thereafter)(a)

     331,000        307,320  

3.20%, 6/15/26

     46,000        43,501  

2.95%, 10/1/26

     54,000        50,408  

4.13%, 12/15/26

     59,000        57,139  

3.96%, 1/29/27, (3.96% fixed rate until 1/29/26; 3-month U.S. dollar London Interbank Offered Rate + 1.245% thereafter)(a)(d)

   75,000      71,738  

1.04%, 2/4/27, (1.04% fixed rate until 2/4/26; 3-month Secured Overnight Financing Rate + 0.695% thereafter)(a)

     68,000        59,325  

4.25%, 10/1/27

     383,000        368,917  

Juniper Networks, Inc.
1.20%, 12/10/25

     48,000        42,963  

KeyCorp
4.15%, 10/29/25(c)

     120,000        117,208  

Keysight Technologies, Inc.
4.55%, 10/30/24

     58,000        57,298  

Kimco Realty Corp.
3.30%, 2/1/25

     95,000        91,188  

KLA Corp.
4.65%, 11/1/24

     14,000        13,981  

Kraft Heinz Foods Co.
3.00%, 6/1/26

     20,000        18,746  

3.88%, 5/15/27

     140,000        133,861  

Kroger Co.
3.70%, 8/1/27

     170,000        160,755  

Laboratory Corp. of America Holdings
3.60%, 2/1/25

     18,000        17,433  

1.55%, 6/1/26

     42,000        37,225  

Lam Research Corp.
3.75%, 3/15/26

     48,000        46,594  

Lazard Group LLC
3.75%, 2/13/25

     35,000        33,839  

Lennar Corp.
4.75%, 5/30/25

     119,000        118,166  

Lowe’s Cos., Inc.
2.50%, 4/15/26

     196,000        182,976  

Marathon Oil Corp.
4.40%, 7/15/27

     100,000        95,583  

Marriott International, Inc.
3.60%, 4/15/24

     110,000        107,786  

5.75%, 5/1/25, Series EE

     37,000        37,444  

3.75%, 10/1/25

     16,000        15,412  

Marsh & McLennan Cos., Inc.
3.50%, 3/10/25

     21,000        20,410  

Marvell Technology, Inc.
1.65%, 4/15/26

     60,000        53,194  

McCormick & Co., Inc.
0.90%, 2/15/26

     165,000        145,162  

McDonald’s Corp.
3.70%, 1/30/26

     170,000        165,444  

Meta Platforms, Inc.
3.50%, 8/15/27

     120,000        112,043  

MetLife, Inc.
3.60%, 11/13/25

     41,000        39,897  

Micron Technology, Inc.
4.19%, 2/15/27

     56,000        53,267  

Mid-America Apartments LP
3.75%, 6/15/24

     50,000        48,985  

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

MidAmerican Energy Co.
3.50%, 10/15/24

   $ 36,000      $ 35,185  

Mondelez International, Inc.
1.50%, 5/4/25

     69,000        63,991  

Morgan Stanley
3.70%, 10/23/24

     286,000        279,516  

0.79%, 5/30/25, (0.79% fixed rate until 5/30/24; Secured Overnight Financing Rate + 0.525% thereafter)(a)

     50,000        46,612  

2.72%, 7/22/25, (2.72% fixed rate until 7/22/24; Secured Overnight Financing Rate + 1.152% thereafter)(a)

     93,000        89,070  

4.00%, 7/23/25

     100,000        97,775  

0.86%, 10/21/25, Series I, (0.864% fixed rate until 10/21/24; Secured Overnight Financing Rate + 0.745% thereafter)(a)

     71,000        65,278  

5.00%, 11/24/25

     269,000        268,381  

3.88%, 1/27/26

     205,000        198,592  

2.19%, 4/28/26, (2.188% fixed rate until 4/28/25; Secured Overnight Financing Rate + 1.99% thereafter)(a)

     323,000        300,022  

4.35%, 9/8/26

     110,000        106,943  

0.99%, 12/10/26, (0.985% fixed rate until 12/10/25; Secured Overnight Financing Rate + 0.72% thereafter)(a)

     92,000        80,767  

3.63%, 1/20/27

     114,000        107,713  

1.51%, 7/20/27, (1.512% fixed rate until 7/20/26; 5-year Constant Maturity Treasury Rate +0.858% thereafter)(a)

     214,000        186,069  

National Fuel Gas Co.
5.20%, 7/15/25

     8,000        7,976  

National Retail Properties, Inc.
3.50%, 10/15/27

     160,000        145,334  

NetApp, Inc.
3.30%, 9/29/24

     34,000        32,942  

1.88%, 6/22/25

     54,000        49,795  

NextEra Energy Capital Holdings, Inc.
1.88%, 1/15/27

     62,000        54,957  

4.63%, 7/15/27

     105,000        103,588  

Norfolk Southern Corp.
2.90%, 6/15/26

     43,000        40,329  

Northern Trust Corp.
3.95%, 10/30/25

     52,000        50,970  

Nucor Corp.
2.00%, 6/1/25

     10,000        9,320  

O’Reilly Automotive, Inc.
3.60%, 9/1/27

     120,000        113,354  

Old Republic International Corp.
4.88%, 10/1/24

     67,000        66,539  

Omega Healthcare Investors, Inc.
5.25%, 1/15/26

     118,000        116,105  

Omnicom Group, Inc. / Omnicom Capital, Inc.
3.65%, 11/1/24

     36,000        35,304  

3.60%, 4/15/26

     95,000        91,359  

Oracle Corp.
2.95%, 11/15/24

     48,000        46,222  

2.50%, 4/1/25

     215,000        202,775  

2.95%, 5/15/25

     88,000        83,611  

1.65%, 3/25/26

   416,000      373,081  

2.65%, 7/15/26

     92,000        84,646  

Otis Worldwide Corp.
2.06%, 4/5/25

     123,000        115,255  

Owens Corning
4.20%, 12/1/24

     70,000        69,073  

Packaging Corp. of America
3.65%, 9/15/24

     9,000        8,765  

Paramount Global
2.90%, 1/15/27(c)

     120,000        107,856  

Parker-Hannifin Corp.
2.70%, 6/14/24

     96,000        92,604  

PayPal Holdings, Inc.
3.90%, 6/1/27(c)

     78,000        75,197  

PECO Energy Co.
3.15%, 10/15/25

     9,000        8,660  

PepsiCo, Inc.
3.50%, 7/17/25

     18,000        17,592  

2.85%, 2/24/26

     18,000        17,130  

PerkinElmer, Inc.
0.85%, 9/15/24

     70,000        64,940  

Pfizer, Inc.
3.40%, 5/15/24

     75,000        73,629  

Philip Morris International, Inc.
1.50%, 5/1/25

     79,000        73,130  

0.88%, 5/1/26

     110,000        96,781  

Phillips 66
3.61%, 2/15/25(b)

     57,000        55,244  

Pinnacle West Capital Corp.
1.30%, 6/15/25

     46,000        41,984  

PNC Bank NA
2.50%, 8/27/24

     62,000        59,526  

PNC Financial Services Group, Inc.
3.50%, 1/23/24

     30,000        29,550  

2.60%, 7/23/26

     30,000        27,818  

PPL Capital Funding, Inc.
3.10%, 5/15/26

     49,000        45,909  

Procter & Gamble Co.
0.55%, 10/29/25

     10,000        8,979  

Public Service Electric and Gas Co.
3.00%, 5/15/25

     33,000        31,706  

0.95%, 3/15/26

     10,000        8,890  

Public Service Enterprise Group, Inc.
2.88%, 6/15/24

     82,000        79,363  

0.80%, 8/15/25

     18,000        16,193  

PulteGroup, Inc.
5.50%, 3/1/26

     73,000        73,339  

QUALCOMM, Inc.
3.45%, 5/20/25

     93,000        90,513  

Ralph Lauren Corp.
3.75%, 9/15/25

     36,000        35,003  

Raytheon Technologies Corp.
3.95%, 8/16/25

     124,000        121,248  

Regions Financial Corp.
2.25%, 5/18/25

     37,000        34,629  

Republic Services, Inc.
0.88%, 11/15/25

     65,000        58,091  

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

2.90%, 7/1/26

   $ 62,000      $ 57,966  

Roper Technologies, Inc.
2.35%, 9/15/24

     46,000        43,917  

1.00%, 9/15/25

     16,000        14,370  

Royalty Pharma PLC
1.20%, 9/2/25

     26,000        23,297  

1.75%, 9/2/27

     110,000        93,478  

S&P Global, Inc.
2.95%, 1/22/27

     50,000        46,816  

Sherwin-Williams Co.
3.13%, 6/1/24

     9,000        8,747  

3.45%, 6/1/27

     190,000        178,385  

SITE Centers Corp.
4.25%, 2/1/26

     90,000        85,127  

Southern California Gas Co.
3.15%, 9/15/24

     100,000        97,349  

Southern Co.
3.25%, 7/1/26

     177,000        166,798  

Southern Co. Gas Capital Corp.
3.25%, 6/15/26

     100,000        93,737  

Southwestern Electric Power Co.
1.65%, 3/15/26, Series N

     121,000        108,554  

Stanley Black & Decker, Inc.
3.40%, 3/1/26

     37,000        35,323  

Starbucks Corp.
2.45%, 6/15/26

     50,000        46,411  

State Street Corp.
3.55%, 8/18/25

     79,000        76,953  

Steel Dynamics, Inc.
1.65%, 10/15/27

     180,000        151,236  

Stifel Financial Corp.
4.25%, 7/18/24

     7,000        6,870  

Stryker Corp.
3.38%, 5/15/24

     24,000        23,439  

SVB Financial Group
1.80%, 10/28/26(c)

     100,000        87,727  

Synchrony Financial
4.38%, 3/19/24

     12,000        11,789  

4.25%, 8/15/24

     162,000        158,530  

3.70%, 8/4/26

     68,000        62,854  

Take-Two Interactive Software, Inc.
3.70%, 4/14/27

     150,000        141,350  

Target Corp.
2.25%, 4/15/25

     54,000        51,254  

TCI Communications, Inc.
7.88%, 2/15/26

     100,000        108,554  

TD SYNNEX Corp.
1.75%, 8/9/26

     125,000        106,381  

Teledyne Technologies, Inc.
1.60%, 4/1/26

     70,000        62,619  

Textron, Inc.
4.00%, 3/15/26

     14,000        13,500  

Toyota Motor Credit Corp.
2.00%, 10/7/24(c)

     27,000        25,702  

3.00%, 4/1/25

     166,000        159,596  

0.80%, 10/16/25

     168,000        150,684  

5.45%, 11/10/27

     250,000        256,152  

Truist Bank
3.20%, 4/1/24

   46,000      44,970  

Truist Financial Corp.
4.00%, 5/1/25

     54,000        52,922  

3.70%, 6/5/25

     101,000        98,253  

1.20%, 8/5/25(c)

     52,000        47,644  

1.13%, 8/3/27

     221,000        186,652  

Tyson Foods, Inc.
3.95%, 8/15/24

     91,000        89,655  

4.00%, 3/1/26

     45,000        43,632  

U.S. Bancorp
3.95%, 11/17/25

     66,000        64,667  

3.15%, 4/27/27, Series X

     79,000        74,302  

Union Pacific Corp.
3.25%, 8/15/25

     23,000        22,178  

UnitedHealth Group, Inc.
2.38%, 8/15/24

     104,000        100,179  

Valero Energy Corp.
2.15%, 9/15/27

     84,000        73,828  

Verizon Communications, Inc.
3.50%, 11/1/24

     140,000        136,073  

3.38%, 2/15/25

     46,000        44,605  

1.45%, 3/20/26

     106,000        95,309  

2.63%, 8/15/26

     101,000        93,364  

VF Corp.
2.40%, 4/23/25

     34,000        31,948  

Virginia Electric and Power Co.
3.45%, 2/15/24

     92,000        90,743  

VMware, Inc.
1.40%, 8/15/26

     342,000        298,409  

Walgreens Boots Alliance, Inc.
3.80%, 11/18/24

     75,000        73,241  

3.45%, 6/1/26

     76,000        72,326  

Waste Management, Inc.
3.15%, 11/15/27(c)

     120,000        112,106  

WEC Energy Group, Inc.
0.80%, 3/15/24

     10,000        9,484  

3.55%, 6/15/25

     26,000        24,931  

Wells Fargo & Co.
3.30%, 9/9/24

     146,000        141,906  

3.00%, 2/19/25

     86,000        82,453  

2.41%, 10/30/25, (2.406% fixed rate until 10/30/24; Secured Overnight Financing Rate + 1.087% thereafter)(a)

     145,000        137,424  

2.16%, 2/11/26, (2.164% fixed rate until 2/11/25; 3-month U.S. dollar London Interbank Offered Rate + 0.75% thereafter)(a)(d)

     100,000        93,351  

2.19%, 4/30/26, (2.188% fixed rate until 4/30/25; Secured Overnight Financing Rate + 2.00% thereafter)(a)

     236,000        219,740  

4.10%, 6/3/26

     50,000        48,378  

3.00%, 10/23/26

     135,000        124,907  

4.30%, 7/22/27

     382,000        368,126  

Western Union Co.
2.85%, 1/10/25

     57,000        54,477  

1.35%, 3/15/26

     13,000        11,398  

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)

December 31, 2022

 

 

 

Investments    Principal
Amount
     Value  

Whirlpool Corp.
3.70%, 5/1/25

   $ 41,000      $ 39,896  

Willis North America, Inc.
4.65%, 6/15/27

     110,000        106,541  

WRKCo, Inc.
3.00%, 9/15/24

     30,000        28,694  

3.75%, 3/15/25

     89,000        86,238  

WW Grainger, Inc.
1.85%, 2/15/25

     32,000        30,065  

Xcel Energy, Inc.
3.30%, 6/1/25

     14,000        13,452  

1.75%, 3/15/27

     70,000        61,488  

Xilinx, Inc.
2.95%, 6/1/24

     30,000        29,187  

Zimmer Biomet Holdings, Inc.
3.55%, 4/1/25

     95,000        91,746  

Zoetis, Inc.
3.00%, 9/12/27

     80,000        74,090  
     

 

 

 
Total United States

 

     35,428,950  

TOTAL CORPORATE BONDS

(Cost: $38,841,221)

 

 

     37,056,463  

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.6%

 

United States – 1.6%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 4.34%(e)

     
(Cost: $613,530)      613,530      $ 613,530  

TOTAL INVESTMENTS IN SECURITIES – 100.7%

(Cost: $39,454,751)

 

 

     37,669,993  

Other Assets less Liabilities – (0.7)%

 

     (267,221
     

 

 

 
NET ASSETS – 100.0%

 

   $ 37,402,772  
(a) 

Rate shown reflects the accrual rate as of December 31, 2022 on securities with variable or step rates.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $868,544 and the total market value of the collateral held by the Fund was $893,756. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $280,226.

 

(d) 

The London Interbank Offered Rate (“LIBOR”) is being phased out completely by June 30, 2023. There remains uncertainty regarding the nature of any replacement rate and the impact of a transition away from LIBOR on the Fund’s investments.

 

(e) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 - Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
    

Other

Significant
Observable

Inputs
(Level 2)

     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Corporate Bonds

   $      $ 37,056,463      $      $ 37,056,463  

Investment of Cash Collateral for Securities Loaned

            613,530               613,530  

Total Investments in Securities

   $      $ 37,669,993      $      $ 37,669,993  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Schedule of Investments (unaudited)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 88.4%

 

Brazil – 3.9%

 

Ambev SA

     44,571      $ 122,576  

B3 SA – Brasil Bolsa Balcao

     66,205        165,646  

Banco Santander Brasil SA

     4,251        22,697  

CCR SA

     13,064        26,772  

Centrais Eletricas Brasileiras SA

     4,799        38,285  

Cosan SA

     5,498        17,828  

Equatorial Energia SA

     8,802        45,046  

Getnet Adquirencia e Servicos para Meios de Pagamento SA

     1,111        993  

Hapvida Participacoes e Investimentos SA*(a)

     48,922        47,071  

JBS SA

     13,136        54,711  

Klabin SA

     8,748        33,088  

Localiza Rent a Car SA

     5,843        58,875  

Lojas Renner SA

     11,835        45,908  

Magazine Luiza SA*

     37,363        19,390  

Natura & Co. Holding SA

     6,544        14,390  

Raia Drogasil SA

     3,743        16,816  

Rumo SA

     13,064        46,048  

Suzano SA

     6,170        56,374  

Telefonica Brasil SA

     6,532        47,446  

Vale SA

     34,775        585,407  

Via SA*

     15,960        7,255  

Vibra Energia SA

     8,748        25,765  

WEG SA

     16,008        116,761  
     

 

 

 
Total Brazil

 

     1,615,148  
Chile – 0.6%

 

Banco de Chile

     496,467        51,281  

Banco de Credito e Inversiones SA

     592        16,948  

Banco Santander Chile

     739,446        29,467  

Cencosud SA

     28,528        46,712  

Empresas CMPC SA

     3,682        6,119  

Empresas COPEC SA

     3,910        29,047  

Enel Americas SA

     342,127        45,580  

Falabella SA

     5,617        10,879  
     

 

 

 
Total Chile

 

     236,033  
China – 29.1%

 

Agricultural Bank of China Ltd., Class H

     267,000        91,680  

Airtac International Group

     1,000        30,291  

Alibaba Group Holding Ltd.*

     118,600        1,310,611  

Anhui Conch Cement Co. Ltd., Class H

     12,500        43,722  

ANTA Sports Products Ltd.

     11,000        144,178  

Baidu, Inc., ADR*

     2,142        245,002  

Bank of China Ltd., Class H

     616,000        224,145  

Bank of Communications Co. Ltd., Class H

     92,000        52,925  

BeiGene Ltd., ADR*

     373        82,038  

Bilibili, Inc., ADR*

     1,237        29,305  

BYD Co. Ltd., Class H

     6,500        160,398  

BYD Electronic International Co. Ltd.

     3,500        11,256  

China Conch Venture Holdings Ltd.

     19,000        41,287  

China Construction Bank Corp., Class H

     775,000        485,557  

China Everbright Bank Co. Ltd., Class H

     59,000        17,991  

China International Capital Corp. Ltd., Class H(a)(b)

     23,600      45,053  

China Life Insurance Co. Ltd., Class H

     59,000        101,295  

China Longyuan Power Group Corp. Ltd., Class H

     25,000        30,557  

China Mengniu Dairy Co. Ltd.*

     24,000        108,854  

China Merchants Bank Co. Ltd., Class H

     42,000        234,889  

China Minsheng Banking Corp. Ltd., Class H

     29,500        10,205  

China Overseas Land & Investment Ltd.

     33,500        88,418  

China Pacific Insurance Group Co. Ltd., Class H

     26,200        58,342  

China Petroleum & Chemical Corp., Class H

     186,000        89,843  

China Resources Beer Holdings Co. Ltd.

     8,000        55,913  

China Resources Gas Group Ltd.

     6,200        23,275  

China Resources Land Ltd.

     22,000        100,769  

China Shenhua Energy Co. Ltd., Class H

     40,500        117,012  

China Taiping Insurance Holdings Co. Ltd.

     18,000        22,417  

China Tower Corp. Ltd., Class H(a)

     360,000        38,745  

China Yangtze Power Co. Ltd., Class A

     17,900        54,330  

CITIC Ltd.

     50,000        52,787  

CITIC Securities Co. Ltd., Class H

     34,500        69,752  

CMOC Group Ltd., Class H

     12,000        5,535  

Contemporary Amperex Technology Co. Ltd., Class A

     800        45,490  

COSCO Shipping Holdings Co. Ltd., Class H(b)

     44,300        45,180  

Country Garden Holdings Co. Ltd.(b)

     120,000        41,051  

Country Garden Services Holdings Co. Ltd.

     12,000        29,889  

CSPC Pharmaceutical Group Ltd.

     104,000        109,264  

Daqo New Energy Corp., ADR*

     593        22,896  

ENN Energy Holdings Ltd.

     7,000        98,297  

Foshan Haitian Flavouring & Food Co. Ltd., Class A

     3,140        36,125  

Fosun International Ltd.

     13,500        11,001  

Fuyao Glass Industry Group Co. Ltd., Class H(a)

     9,600        40,282  

GDS Holdings Ltd., ADR*

     1,143        23,569  

Geely Automobile Holdings Ltd.

     57,000        83,255  

GF Securities Co. Ltd., Class H

     36,000        51,752  

Great Wall Motor Co. Ltd., Class H(b)

     27,500        35,798  

H World Group Ltd., ADR

     1,944        82,464  

Haier Smart Home Co. Ltd., Class H

     20,400        69,525  

Haitong Securities Co. Ltd., Class H

     36,000        22,140  

Hangzhou Tigermed Consulting Co. Ltd., Class H(a)

     1,100        12,712  

Huatai Securities Co. Ltd., Class H(a)

     29,800        34,096  

Industrial & Commercial Bank of China Ltd., Class H

     522,000        268,860  

Innovent Biologics, Inc.*(a)

     9,500        40,775  

iQIYI, Inc., ADR*(b)

     2,204        11,681  

JD Health International, Inc.*(a)

     4,500        41,137  

JD.com, Inc., ADR

     6,995        392,629  

JD.com, Inc., Class A

     1,588        44,802  

JOYY, Inc., ADR

     802        25,335  

Kingdee International Software Group Co. Ltd.*

     16,000        34,317  

Kweichow Moutai Co. Ltd., Class A

     600        149,765  

Lenovo Group Ltd.

     70,000        57,489  

Li Auto, Inc., ADR*

     1,793        36,577  

Li Ning Co. Ltd.

     17,500        151,907  

Longfor Group Holdings Ltd.(a)

     15,500        48,258  

LONGi Green Energy Technology Co. Ltd., Class A

     3,872        23,650  

Luzhou Laojiao Co. Ltd., Class A

     900        29,174  

Meituan, Class B*(a)

     28,100        628,969  

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2022

 

 

 

Investments    Shares      Value  

Muyuan Foods Co. Ltd., Class A

     700      $ 4,932  

NetEase, Inc., ADR

     3,311        240,478  

New China Life Insurance Co. Ltd., Class H

     14,900        36,463  

NIO, Inc., ADR*

     10,546        102,823  

People’s Insurance Co. Group of China Ltd., Class H

     90,000        29,866  

PetroChina Co. Ltd., Class H

     182,000        83,247  

PICC Property & Casualty Co. Ltd., Class H

     78,000        74,053  

Pinduoduo, Inc., ADR*

     3,164        258,024  

Ping An Bank Co. Ltd., Class A

     22,500        42,796  

Ping An Healthcare and Technology Co. Ltd.*(a)(b)

     3,900        10,643  

Ping An Insurance Group Co. of China Ltd., Class H

     50,500        334,189  

Postal Savings Bank of China Co. Ltd., Class H(a)

     125,000        77,675  

SF Holding Co. Ltd., Class A

     5,400        45,080  

Shenzhou International Group Holdings Ltd.

     7,100        79,870  

Shimao Group Holdings Ltd.*

     9,500        1,411  

Silergy Corp.

     2,000        28,404  

Sino Biopharmaceutical Ltd.

     48,000        28,105  

Smoore International Holdings Ltd.(a)

     5,000        7,764  

Sunac China Holdings Ltd.*

     19,000        2,508  

Sunny Optical Technology Group Co. Ltd.

     6,100        72,567  

Tencent Holdings Ltd.

     44,400        1,900,025  

Tencent Music Entertainment Group, ADR*

     4,535        37,550  

Trip.com Group Ltd., ADR*

     4,304        148,058  

Want Want China Holdings Ltd.

     67,000        44,810  

Weibo Corp., ADR*

     1,084        20,726  

Weichai Power Co. Ltd., Class H

     23,000        30,883  

Wharf Holdings Ltd.

     9,000        26,464  

Wuliangye Yibin Co. Ltd., Class A

     3,300        86,181  

WuXi AppTec Co. Ltd., Class H(a)

     3,640        38,452  

Wuxi Biologics Cayman, Inc.*(a)

     29,000        222,378  

Xiaomi Corp., Class B*(a)

     124,200        174,088  

Xinyi Solar Holdings Ltd.

     52,026        57,592  

XPeng, Inc., Class A, ADR*

     1,220        12,127  

Yum China Holdings, Inc.

     3,000        163,950  

Zai Lab Ltd., ADR*

     846        25,972  

Zijin Mining Group Co. Ltd., Class H

     54,000        73,200  

Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H

     51,200        24,206  

ZTE Corp., Class H

     18,200        40,108  

ZTO Express Cayman, Inc., ADR

     2,641        70,964  
     

 

 

 
Total China

 

     11,917,120  
Czech Republic – 0.1%

 

CEZ A/S

     1,638        55,729  
Hungary – 0.2%

 

MOL Hungarian Oil & Gas PLC

     526        3,648  

OTP Bank Nyrt

     1,619        43,623  

Richter Gedeon Nyrt

     1,916        42,383  
     

 

 

 
Total Hungary

 

     89,654  
India – 14.5%

 

Adani Green Energy Ltd.*

     2,666        62,253  

Adani Ports & Special Economic Zone Ltd.

     4,654        46,022  

Ambuja Cements Ltd.

     7,757        49,141  

Apollo Hospitals Enterprise Ltd.

     984        53,257  

Asian Paints Ltd.

     2,670      99,658  

Aurobindo Pharma Ltd.

     3,062        16,222  

Avenue Supermarts Ltd.*(a)

     1,899        93,395  

Axis Bank Ltd.

     18,781        211,976  

Bajaj Finance Ltd.

     2,301        182,878  

Bajaj Finserv Ltd.

     3,336        62,415  

Bandhan Bank Ltd.*(a)

     7,602        21,520  

Bharti Airtel Ltd.

     19,743        192,371  

Britannia Industries Ltd.

     582        30,303  

Cipla Ltd.

     2,630        34,205  

Divi’s Laboratories Ltd.

     953        39,318  

Dr. Reddy’s Laboratories Ltd.

     997        51,068  

GAIL India Ltd.

     7,017        8,147  

Godrej Consumer Products Ltd.*

     4,374        46,212  

Grasim Industries Ltd.

     3,410        71,040  

HCL Technologies Ltd.

     9,204        115,626  

HDFC Life Insurance Co. Ltd.(a)

     2,048        14,018  

Hindalco Industries Ltd.

     17,510        100,186  

Hindustan Unilever Ltd.

     6,820        211,125  

Housing Development Finance Corp. Ltd.

     13,635        434,711  

ICICI Bank Ltd.

     40,940        440,848  

ICICI Lombard General Insurance Co. Ltd.(a)

     220        3,289  

Infosys Ltd.

     27,198        495,830  

ITC Ltd.

     23,580        94,500  

JSW Steel Ltd.

     8,328        77,316  

Kotak Mahindra Bank Ltd.

     3,691        81,523  

Larsen & Toubro Ltd.

     6,534        164,736  

Lupin Ltd.

     2,580        22,881  

Mahindra & Mahindra Ltd.

     6,766        102,165  

Marico Ltd.

     4,374        26,956  

Maruti Suzuki India Ltd.

     1,151        116,792  

NTPC Ltd.

     32,078        64,540  

Oil & Natural Gas Corp. Ltd.

     20,183        35,801  

Pidilite Industries Ltd.

     1,233        38,007  

Power Grid Corp. of India Ltd.

     26,566        68,623  

Reliance Industries Ltd.

     23,059        709,971  

Samvardhana Motherson International Ltd.

     15,163        13,590  

SBI Life Insurance Co. Ltd.(a)

     3,854        57,360  

Shriram Finance Ltd.

     2,223        36,998  

State Bank of India

     13,642        101,198  

Sun Pharmaceutical Industries Ltd.

     6,702        81,124  

Tata Consultancy Services Ltd.

     7,530        296,421  

Tata Consumer Products Ltd.

     6,568        60,889  

Tata Motors Ltd.*

     15,967        74,875  

Tata Steel Ltd.

     51,706        70,406  

Tech Mahindra Ltd.

     6,282        77,179  

Titan Co. Ltd.

     2,194        68,886  

UltraTech Cement Ltd.

     1,093        91,940  

UPL Ltd.

     2,599        22,498  

Vedanta Ltd.

     17,525        65,329  

Wipro Ltd.

     8,748        41,530  
     

 

 

 
Total India

 

     5,951,068  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2022

 

 

 

Investments    Shares      Value  
Indonesia – 1.9%

 

Astra International Tbk PT

     224,000      $ 82,017  

Bank Central Asia Tbk PT

     430,800        236,605  

Bank Mandiri Persero Tbk PT

     208,700        133,056  

Bank Rakyat Indonesia Persero Tbk PT

     486,400        154,348  

Charoen Pokphand Indonesia Tbk PT

     123,300        44,750  

Telkom Indonesia Persero Tbk PT

     434,700        104,713  

Unilever Indonesia Tbk PT

     98,300        29,678  
     

 

 

 
Total Indonesia

 

     785,167  
Luxembourg – 0.1%

 

Reinet Investments SCA

     1,488        28,628  
Malaysia – 1.3%

 

CIMB Group Holdings Bhd

     78,243        103,021  

Dialog Group Bhd

     25,600        14,238  

Hartalega Holdings Bhd

     25,600        9,880  

Hong Leong Bank Bhd

     5,900        27,538  

IHH Healthcare Bhd

     37,200        52,528  

Malayan Banking Bhd

     3,850        7,604  

Petronas Chemicals Group Bhd

     31,500        61,498  

Petronas Gas Bhd

     15,700        61,018  

Press Metal Aluminium Holdings Bhd

     37,600        41,654  

Public Bank Bhd

     101,900        99,934  

Tenaga Nasional Bhd

     14,900        32,574  

Top Glove Corp. Bhd*

     25,100        5,157  
     

 

 

 
Total Malaysia

 

     516,644  
Mexico – 2.7%

 

America Movil SAB de CV, Series L

     297,517        269,925  

Cemex SAB de CV, Series CPO*

     121,232        49,022  

Fibra Uno Administracion SA de CV

     27,368        32,245  

Fomento Economico Mexicano SAB de CV

     19,098        148,601  

Grupo Aeroportuario del Pacifico SAB de CV, Class B

     2,915        41,757  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     2,520        58,795  

Grupo Bimbo SAB de CV, Series A

     17,866        75,508  

Grupo Financiero Banorte SAB de CV, Class O

     22,851        164,060  

Grupo Mexico SAB de CV, Series B

     24,064        84,477  

Grupo Televisa SAB, Series CPO

     18,217        16,565  

Sitios Latinoamerica SAB de CV*(b)

     15,432        7,404  

Wal-Mart de Mexico SAB de CV

     49,912        175,677  
     

 

 

 
Total Mexico

 

     1,124,036  
Philippines – 0.6%

 

ACEN Corp.

     8,730        1,194  

Ayala Corp.

     3,710        46,269  

Ayala Land, Inc.

     108,000        59,690  

Bank of the Philippine Islands

     18,970        34,721  

BDO Unibank, Inc.

     22,632        42,927  

JG Summit Holdings, Inc.

     27,730        25,029  

SM Investments Corp.

     20        323  

SM Prime Holdings, Inc.

     86,200        54,912  
     

 

 

 
Total Philippines

 

     265,065  
Poland – 0.7%

 

Allegro.eu SA*(a)

     3,338        19,124  

Bank Polska Kasa Opieki SA

     2,237        44,115  

CD Projekt SA

     616      18,207  

Dino Polska SA*(a)

     95        8,128  

KGHM Polska Miedz SA

     1,795        51,870  

Polski Koncern Naftowy Orlen SA

     2,855        41,814  

Powszechna Kasa Oszczednosci Bank Polski SA

     4,151        28,665  

Powszechny Zaklad Ubezpieczen SA

     6,852        55,332  
     

 

 

 
Total Poland

 

     267,255  
Russia – 0.0%

 

Gazprom PJSC

     99,020        0  

Lukoil PJSC, ADR

     2,998        0  

Magnit PJSC, GDR*

     903        0  

MMC Norilsk Nickel PJSC, ADR*

     375        0  

Mobile TeleSystems PJSC, ADR*

     2,887        0  

Novatek PJSC

     6,960        0  

Novolipetsk Steel PJSC*

     12,900        0  

Polymetal International PLC*

     2,011        5,939  

Polyus PJSC*

     326        0  

Rosneft Oil Co. PJSC

     3,254        0  

Rosneft Oil Co. PJSC, GDR*(c)

     1,340        0  

Sberbank of Russia PJSC, ADR*

     21,191        0  

Severstal PAO, GDR*(c)

     2,080        0  

Surgutneftegas PJSC

     112,960        0  

Tatneft PJSC

     12,210        0  

TCS Group Holding PLC, GDR*(c)

     430        0  

X5 Retail Group NV, GDR*(c)

     1,673        0  

Yandex NV, Class A*

     2,324        0  
     

 

 

 
Total Russia

 

     5,939  
South Africa – 5.4%

 

Absa Group Ltd.

     7,540        85,925  

Anglo American Platinum Ltd.

     712        59,625  

AngloGold Ashanti Ltd.

     4,810        93,071  

Aspen Pharmacare Holdings Ltd.

     5,203        41,688  

Bid Corp. Ltd.

     2,134        41,369  

Bidvest Group Ltd.

     3,682        46,393  

Capitec Bank Holdings Ltd.

     499        54,506  

Clicks Group Ltd.

     843        13,381  

Discovery Ltd.*

     3,872        28,070  

Exxaro Resources Ltd.

     2,073        26,476  

FirstRand Ltd.

     30,660        111,936  

Gold Fields Ltd.

     7,314        75,719  

Growthpoint Properties Ltd.

     40,461        34,576  

Impala Platinum Holdings Ltd.

     5,293        66,303  

Mr. Price Group Ltd.

     3,561        33,264  

MTN Group Ltd.

     15,647        117,065  

MultiChoice Group

     3,652        25,164  

Naspers Ltd., Class N

     3,914        649,689  

Nedbank Group Ltd.

     5,186        64,792  

Northam Platinum Holdings Ltd.*

     3,444        37,887  

Old Mutual Ltd.

     64,479        39,639  

Remgro Ltd.

     5,571        43,556  

Sanlam Ltd.

     18,638        53,367  

Sasol Ltd.

     5,177        81,977  

Shoprite Holdings Ltd.

     6,730        89,391  

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2022

 

 

 

Investments    Shares      Value  

Sibanye Stillwater Ltd.

     17,106      $ 44,959  

Standard Bank Group Ltd.

     6,374        62,856  

Vodacom Group Ltd.

     4,080        29,422  

Woolworths Holdings Ltd.

     11,873        46,355  
     

 

 

 
Total South Africa

 

     2,198,421  
South Korea – 10.8%

 

Amorepacific Corp.*

     405        44,039  

Celltrion Healthcare Co. Ltd.

     858        39,355  

Celltrion, Inc.

     742        94,180  

CJ CheilJedang Corp.

     59        17,754  

Coway Co. Ltd.*

     371        16,401  

E-Mart, Inc.

     149        11,548  

Hana Financial Group, Inc.

     2,283        75,919  

Hankook Tire & Technology Co. Ltd.*

     766        18,870  

Hanon Systems

     1,952        12,488  

Hanwha Solutions Corp.*

     1,153        39,208  

HLB, Inc.*

     1,064        23,897  

Hyundai Engineering & Construction Co. Ltd.*

     1,052        29,035  

Hyundai Glovis Co. Ltd.*

     149        19,266  

Hyundai Motor Co.

     1,268        151,418  

Hyundai Steel Co.*

     616        14,907  

Kakao Corp.

     250        10,498  

KB Financial Group, Inc.

     2,574        98,726  

Kia Corp.*

     2,022        94,824  

Korea Electric Power Corp.

     1,983        34,187  

Korea Investment Holdings Co. Ltd.*

     397        16,734  

Korea Shipbuilding & Offshore Engineering Co. Ltd.

     306        17,109  

Korean Air Lines Co. Ltd.*

     1,367        24,810  

KT&G Corp.*

     706        51,087  

Kumho Petrochemical Co. Ltd.*

     225        22,420  

LG Chem Ltd.

     381        180,783  

LG Display Co. Ltd.*

     2,783        27,401  

LG Electronics, Inc.*

     749        51,236  

LG H&H Co. Ltd.*

     62        35,401  

Lotte Chemical Corp.*

     90        12,705  

NAVER Corp.

     909        127,598  

NCSoft Corp.*

     131        46,412  

Orion Corp.*

     207        20,954  

POSCO Chemical Co. Ltd.

     246        35,018  

POSCO Holdings, Inc.

     471        102,990  

S-Oil Corp.

     444        29,284  

Samsung Biologics Co. Ltd.*(a)

     126        81,808  

Samsung Electro-Mechanics Co. Ltd.*

     445        45,925  

Samsung Electronics Co. Ltd.

     41,520        1,815,782  

Samsung Fire & Marine Insurance Co. Ltd.*

     225        35,587  

Samsung Heavy Industries Co. Ltd.*

     3,632        14,677  

Samsung Life Insurance Co. Ltd.*

     397        22,291  

Samsung SDI Co. Ltd.

     433        202,375  

Samsung SDS Co. Ltd.*

     248        24,123  

Shinhan Financial Group Co. Ltd.

     3,502        97,485  

SK Hynix, Inc.

     4,158        246,619  

SK Innovation Co. Ltd.*

     373        45,427  

SK Square Co. Ltd.*

     178        4,723  

SK Telecom Co. Ltd.

     615        23,053  

SK, Inc.

     371      55,452  

Woori Financial Group, Inc.

     4,221        38,555  

Yuhan Corp.*

     426        19,270  
     

 

 

 
Total South Korea

 

     4,421,614  
Taiwan – 13.9%

 

Acer, Inc.

     57,000        43,674  

Advantech Co. Ltd.

     1,000        10,769  

ASE Technology Holding Co. Ltd.

     33,000        100,818  

Asia Cement Corp.

     4,000        5,336  

AUO Corp.*

     39,800        19,424  

Cathay Financial Holding Co. Ltd.

     72,468        94,312  

Chang Hwa Commercial Bank Ltd.

     22,220        12,398  

Cheng Shin Rubber Industry Co. Ltd.

     19,000        20,956  

China Development Financial Holding Corp.

     116,000        47,554  

China Steel Corp.

     99,000        95,987  

Chunghwa Telecom Co. Ltd.

     31,000        113,972  

Compal Electronics, Inc.

     53,000        39,747  

CTBC Financial Holding Co. Ltd.

     143,000        102,822  

Delta Electronics, Inc.

     12,000        111,858  

E.Sun Financial Holding Co. Ltd.

     91,795        71,828  

Evergreen Marine Corp. Taiwan Ltd.*

     5,600        29,698  

Far EasTone Telecommunications Co. Ltd.

     8,000        17,153  

First Financial Holding Co. Ltd.

     87,660        75,580  

Formosa Chemicals & Fibre Corp.

     30,000        68,813  

Formosa Petrochemical Corp.

     8,000        20,901  

Formosa Plastics Corp.

     33,000        93,195  

Fubon Financial Holding Co. Ltd.

     57,739        105,764  

Giant Manufacturing Co. Ltd.

     2,036        13,282  

Hon Hai Precision Industry Co. Ltd.

     101,000        328,282  

Hotai Motor Co. Ltd.

     2,000        38,262  

Hua Nan Financial Holdings Co. Ltd.

     130,698        95,465  

Innolux Corp.*

     50,200        18,048  

Largan Precision Co. Ltd.

     1,000        66,373  

Lite-On Technology Corp.

     30,000        62,273  

MediaTek, Inc.

     10,000        203,348  

Mega Financial Holding Co. Ltd.

     83,650        82,601  

Nan Ya Plastics Corp.

     36,000        83,161  

Nanya Technology Corp.

     17,000        28,319  

Novatek Microelectronics Corp.

     4,000        41,060  

President Chain Store Corp.

     2,000        17,699  

Quanta Computer, Inc.

     24,000        56,456  

SinoPac Financial Holdings Co. Ltd.

     118,340        64,492  

Taishin Financial Holding Co. Ltd.

     94,103        46,232  

Taiwan Cement Corp.

     39,997        43,790  

Taiwan Cooperative Financial Holding Co. Ltd.

     82,113        69,462  

Taiwan Mobile Co. Ltd.

     21,000        64,704  

Taiwan Semiconductor Manufacturing Co. Ltd.

     177,000        2,582,828  

Uni-President Enterprises Corp.

     55,000        119,178  

Unimicron Technology Corp.

     8,000        31,234  

United Microelectronics Corp.*

     95,000        125,799  

Winbond Electronics Corp.

     38,000        24,233  

Yuanta Financial Holding Co. Ltd.

     94,490        66,712  
     

 

 

 
Total Taiwan

 

     5,675,852  

 

See Notes to Financial Statements.

 

WisdomTree Trust      93  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2022

 

 

 

Investments    Shares      Value  
Thailand – 2.5%

 

Advanced Info Service PCL, NVDR

     14,300      $ 80,511  

Airports of Thailand PCL, NVDR*

     33,700        72,975  

Bangkok Dusit Medical Services PCL, NVDR

     61,500        51,494  

Central Pattana PCL, NVDR

     36,700        75,233  

Charoen Pokphand Foods PCL, NVDR

     52,600        37,664  

CP ALL PCL, NVDR

     34,600        68,181  

Delta Electronics Thailand PCL, NVDR

     2,700        64,704  

Energy Absolute PCL, NVDR

     22,500        63,014  

Gulf Energy Development PCL, NVDR

     11,900        18,983  

Home Product Center PCL, NVDR

     74,300        33,251  

Intouch Holdings PCL, NVDR

     14,900        33,233  

Kasikornbank PCL, NVDR

     11,200        47,698  

Minor International PCL, NVDR*

     39,200        36,501  

PTT Exploration & Production PCL, NVDR

     11,200        57,075  

PTT Global Chemical PCL, NVDR

     22,500        30,695  

PTT Oil & Retail Business PCL, NVDR

     56,200        38,619  

PTT PCL, NVDR

     110,700        106,273  

SCB X PCL, NVDR

     4,200        12,975  

Siam Cement PCL, NVDR

     8,600        84,920  
     

 

 

 
Total Thailand

 

     1,013,999  
Turkey – 0.1%

 

BIM Birlesik Magazalar AS

     4,994        36,522  

TOTAL COMMON STOCKS

(Cost: $43,038,303)

 

 

     36,203,894  
PREFERRED STOCKS – 2.4%

 

Brazil – 2.2%

 

Banco Bradesco SA

     63,105        181,077  

Gerdau SA

     12,692        70,603  

Itau Unibanco Holding SA

     44,039        208,528  

Itausa SA

     55,616        89,643  

Petroleo Brasileiro SA

     78,438        363,981  
     

 

 

 
Total Brazil

 

     913,832  
Chile – 0.2%

 

Sociedad Quimica y Minera de Chile SA, Class B      772      62,162  

TOTAL PREFERRED STOCKS

(Cost: $975,668)

 

 

     975,994  
RIGHTS – 0.0%

 

South Korea – 0.0%

 

Lotte Chemical Corp., expiring 1/20/23*

     
(Cost: $0)      18        505  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3%

 

United States – 0.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(d)

     
(Cost: $133,352)      133,352        133,352  

TOTAL INVESTMENTS IN SECURITIES – 91.1%

(Cost: $44,147,323)

 

 

     37,313,745  

Other Assets less Liabilities – 8.9%

 

     3,664,456  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 40,978,201  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $3,919, which represents 0.01% of net assets.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $165,191 and the total market value of the collateral held by the Fund was $176,733. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $43,381.

 

(c) 

This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

 

(d) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS                            
FUTURES CONTRACTS (EXCHANGE-TRADED)                            
Long Exposure   Contracts     Expiration
Date
    Notional
Value
    Unrealized
Appreciation/
(Depreciation)
 

2 Year U.S. Treasury Note

    24       3/31/23     $ 4,921,875     $ 7,130  

5 Year U.S. Treasury Note

    47       3/31/23       5,072,695       3,312  

10 Year U.S. Treasury Note

    44       3/22/23       4,941,063       (19,551

U.S. Treasury Long Bond

    39       3/22/23       4,888,406       (49,113

Ultra 10 Year U.S. Treasury Note

    42       3/22/23       4,967,813       (40,320
                    $ 24,791,852     $ (98,542

 

See Notes to Financial Statements.

 

94   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Brazil

   $ 1,614,155      $ 993      $      $ 1,615,148  

China

     11,913,201               3,919 *       11,917,120  

Russia

     5,939               0 *       5,939  

Other

     22,665,687                      22,665,687  

Preferred Stocks

     975,994                      975,994  

Rights

            505               505  

Investment of Cash Collateral for Securities Loaned

            133,352               133,352  

Total Investments in Securities

   $ 37,174,976      $ 134,850      $ 3,919      $ 37,313,745  

Financial Derivative Instruments

           

Futures Contracts1

   $ 10,442      $      $      $ 10,442  

Liabilities:

           

Financial Derivative Instruments

           

Futures Contracts1

   $ (108,984    $      $      $ (108,984

Total – Net

   $ 37,076,434      $ 134,850      $ 3,919      $ 37,215,203  
* 

Fair valuations using significant unobservable inputs were determined by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      95  


Schedule of Investments (unaudited)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 90.2%

 

Australia – 7.3%

 

ANZ Group Holdings Ltd.

     39,860      $ 639,555  

Aristocrat Leisure Ltd.

     9,250        191,449  

ASX Ltd.

     3,875        178,745  

BHP Group Ltd.

     69,603        2,153,794  

Brambles Ltd.

     20,500        167,798  

Cochlear Ltd.

     110        15,227  

Coles Group Ltd.

     18,500        209,765  

Commonwealth Bank of Australia

     24,750        1,722,060  

CSL Ltd.

     6,510        1,270,390  

Dexus

     3,000        15,767  

Fortescue Metals Group Ltd.

     22,500        312,949  

Goodman Group

     25,229        297,013  

Insurance Australia Group Ltd.

     43,375        139,720  

Lottery Corp. Ltd.*

     26,375        80,130  

Macquarie Group Ltd.

     4,851        549,249  

National Australia Bank Ltd.

     46,143        940,634  

Newcrest Mining Ltd.

     10,751        150,482  

Northern Star Resources Ltd.

     16,676        123,379  

QBE Insurance Group Ltd.

     25,125        228,827  

Ramsay Health Care Ltd.

     2,500        109,691  

Rio Tinto Ltd.

     20,499        1,472,040  

Santos Ltd.

     11,875        57,499  

Scentre Group

     36,263        70,824  

Sonic Healthcare Ltd.

     8,875        180,377  

South32 Ltd.

     67,250        182,422  

Stockland

     12,386        30,490  

Tabcorp Holdings Ltd.

     26,375        19,228  

Telstra Group Ltd.

     91,125        246,568  

Transurban Group

     38,375        337,792  

Wesfarmers Ltd.

     17,375        540,951  

Westpac Banking Corp.

     51,250        811,534  

Woodside Energy Group Ltd.

     23,773        571,352  

Woolworths Group Ltd.

     19,626        446,662  
     

 

 

 
Total Australia

 

     14,464,363  
Austria – 0.1%

 

Erste Group Bank AG

     3,723        118,804  
Belgium – 0.7%

 

Ageas SA/NV

     2,500        110,514  

Anheuser-Busch InBev SA

     11,125        668,102  

KBC Group NV

     3,344        214,419  

Solvay SA

     625        63,008  

UCB SA

     1,500        117,760  

Umicore SA

     3,058        112,008  
     

 

 

 
Total Belgium

 

     1,285,811  
China – 0.4%

 

BOC Hong Kong Holdings Ltd.

     65,500        223,230  

Prosus NV*

     7,131        490,501  

WH Group Ltd.(a)

     244,500        142,221  
     

 

 

 
Total China

 

     855,952  
Denmark – 3.0%

 

Ambu A/S, Class B*

     3,375      43,109  

AP Moller – Maersk A/S, Class B

     125        280,216  

Carlsberg A/S, Class B

     771        102,153  

Chr Hansen Holding A/S

     1,500        107,573  

Coloplast A/S, Class B

     2,104        245,190  

Danske Bank A/S

     3,378        66,563  

DSV A/S

     3,196        502,941  

Genmab A/S*

     875        369,321  

GN Store Nord A/S

     2,375        54,451  

Novo Nordisk A/S, Class B

     23,705        3,191,126  

Novozymes A/S, Class B

     3,000        151,510  

Orsted A/S(a)

     2,886        261,477  

Pandora A/S

     1,375        96,319  

Vestas Wind Systems A/S

     13,889        402,845  
     

 

 

 
Total Denmark

 

     5,874,794  
Finland – 1.1%

 

Elisa Oyj

     1,385        73,109  

Fortum Oyj

     6,226        103,259  

Kesko Oyj, Class B

     5,125        112,784  

Kone Oyj, Class B

     5,875        302,845  

Neste Oyj

     6,500        298,435  

Nokia Oyj

     89,118        411,546  

Nordea Bank Abp

     38,114        408,520  

Sampo Oyj, Class A

     5,125        267,028  

Stora Enso Oyj, Class R

     5,628        78,985  

UPM-Kymmene Oyj

     5,375        200,375  
     

 

 

 
Total Finland

 

     2,256,886  
France – 10.9%

 

Air Liquide SA

     7,523        1,063,029  

Airbus SE

     8,611        1,020,283  

Alstom SA

     4,374        106,527  

Arkema SA

     250        22,380  

Atos SE*(b)

     1,250        12,023  

AXA SA

     27,750        771,649  

BNP Paribas SA

     14,545        826,607  

Bouygues SA

     834        24,958  

Bureau Veritas SA

     1,125        29,548  

Capgemini SE

     2,649        440,893  

Carrefour SA

     4,256        71,040  

Cie de Saint-Gobain

     7,875        383,670  

Cie Generale des Etablissements Michelin SCA

     7,500        207,994  

Credit Agricole SA

     9,076        95,227  

Danone SA

     8,500        446,596  

Dassault Systemes SE

     10,976        392,365  

Edenred

     2,750        149,330  

Eiffage SA

     377        36,984  

Engie SA

     27,288        389,900  

EssilorLuxottica SA

     3,852        695,589  

Hermes International

     396        610,702  

Kering SA

     1,125        570,912  

L’Oreal SA

     3,754        1,336,553  

Legrand SA

     4,000        319,406  

 

See Notes to Financial Statements.

 

96   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2022

 

 

 

Investments    Shares      Value  

LVMH Moet Hennessy Louis Vuitton SE

     4,000      $ 2,902,492  

Orange SA

     17,126        169,635  

Pernod Ricard SA

     3,125        612,835  

Publicis Groupe SA*

     2,875        182,321  

Renault SA*

     2,326        77,638  

Safran SA

     4,505        562,147  

Sanofi

     15,625        1,498,151  

Sartorius Stedim Biotech

     375        121,066  

Schneider Electric SE

     8,083        1,127,666  

Societe Generale SA

     10,128        253,798  

Sodexo SA

     1,000        95,497  

Teleperformance

     875        207,967  

Thales SA

     1,125        143,238  

TotalEnergies SE

     35,817        2,241,936  

Unibail-Rodamco-Westfield*

     1,534        79,615  

Valeo

     3,206        57,141  

Veolia Environnement SA

     7,000        179,298  

Vinci SA

     7,355        732,291  

Vivendi SE

     10,880        103,506  

Worldline SA*(a)

     3,772        147,058  
     

 

 

 
Total France

 

     21,519,461  
Germany – 7.1%

 

adidas AG

     2,875        391,091  

Allianz SE, Registered Shares

     5,893        1,263,521  

BASF SE

     13,250        656,004  

Bayer AG, Registered Shares

     13,398        691,000  

Bayerische Motoren Werke AG

     3,484        310,032  

Beiersdorf AG

     1,375        157,313  

Brenntag SE

     1,875        119,505  

Continental AG

     1,375        82,149  

Covestro AG(a)

     3,005        117,219  

Daimler Truck Holding AG*

     1,272        39,294  

Delivery Hero SE*(a)

     1,891        90,374  

Deutsche Bank AG, Registered Shares

     27,500        310,751  

Deutsche Boerse AG

     2,727        469,737  

Deutsche Post AG, Registered Shares

     14,203        533,263  

Deutsche Telekom AG, Registered Shares

     43,403        863,346  

Deutsche Wohnen SE

     3,500        74,278  

E.ON SE

     21,875        217,912  

Fresenius Medical Care AG & Co. KGaA

     2,266        73,930  

Fresenius SE & Co. KGaA

     5,250        147,080  

Hannover Rueck SE

     501        99,185  

HeidelbergCement AG

     1,592        90,526  

HelloFresh SE*

     2,500        54,777  

Infineon Technologies AG

     25,749        781,274  

Knorr-Bremse AG

     875        47,663  

Mercedes-Benz Group AG, Registered Shares

     10,639        697,164  

Merck KGaA

     1,906        367,983  

MTU Aero Engines AG

     752        162,280  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     2,000        648,888  

Puma SE

     1,500        90,769  

RWE AG

     9,739        432,284  

SAP SE

     15,357      1,579,808  

Scout24 SE(a)

     2,500        125,215  

Siemens AG, Registered Shares

     10,664        1,475,452  

Siemens Energy AG*

     6,392        119,894  

Siemens Healthineers AG(a)

     3,979        198,443  

Symrise AG

     1,625        176,290  

Vonovia SE

     6,224        146,269  

Zalando SE*(a)

     2,743        96,928  
     

 

 

 
Total Germany

 

     13,998,891  
Hong Kong – 1.9%

 

AIA Group Ltd.

     175,000        1,946,201  

CK Asset Holdings Ltd.

     54,500        335,521  

CLP Holdings Ltd.

     12,000        87,560  

Hang Seng Bank Ltd.

     14,100        234,490  

Hong Kong & China Gas Co. Ltd.

     149,100        141,746  

Hong Kong Exchanges & Clearing Ltd.

     12,600        544,362  

Link REIT

     39,712        291,545  

MTR Corp. Ltd.

     11,500        60,926  

Power Assets Holdings Ltd.

     11,500        62,989  

Techtronic Industries Co. Ltd.

     10,000        111,596  
     

 

 

 
Total Hong Kong

 

     3,816,936  
Ireland – 0.5%

 

CRH PLC

     10,372        409,683  

Flutter Entertainment PLC*

     2,320        316,435  

Kerry Group PLC, Class A

     1,621        145,736  

Kingspan Group PLC

     2,389        128,962  

Smurfit Kappa Group PLC

     1,753        64,658  
     

 

 

 
Total Ireland

 

     1,065,474  
Israel – 0.4%

 

Bank Hapoalim BM

     13,369        120,183  

Bank Leumi Le-Israel BM

     16,017        133,048  

Check Point Software Technologies Ltd.*

     1,273        160,602  

Nice Ltd.*

     1,252        241,281  

Teva Pharmaceutical Industries Ltd., ADR*

     737        6,721  

Wix.com Ltd.*

     738        56,700  
     

 

 

 
Total Israel

 

     718,535  
Italy – 1.7%

 

Assicurazioni Generali SpA

     13,373        237,135  

Enel SpA

     120,141        644,949  

Eni SpA

     35,002        496,310  

Ferrari NV

     1,755        374,979  

FinecoBank Banca Fineco SpA

     11,250        186,342  

Intesa Sanpaolo SpA

     228,139        505,954  

Moncler SpA

     3,375        178,297  

Nexi SpA*(a)

     8,383        65,902  

Prysmian SpA

     3,625        134,092  

Snam SpA

     7,000        33,820  

Telecom Italia SpA*(b)

     123,117        28,421  

Terna – Rete Elettrica Nazionale

     9,261        68,198  

UniCredit SpA

     27,250        385,983  
     

 

 

 
Total Italy

 

     3,340,382  

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


Schedule of Investments (unaudited) (continued)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2022

 

 

 

Investments    Shares      Value  
Japan – 20.2%

 

Aeon Co. Ltd.

     12,500      $ 263,652  

Ajinomoto Co., Inc.

     12,500        381,883  

Asahi Group Holdings Ltd.

     12,100        377,732  

Asahi Kasei Corp.

     37,500        267,555  

Astellas Pharma, Inc.

     38,900        591,556  

Bridgestone Corp.

     12,500        444,409  

Canon, Inc.(b)

     24,000        519,398  

Central Japan Railway Co.

     500        61,408  

Chugai Pharmaceutical Co. Ltd.

     12,500        319,072  

Dai-ichi Life Holdings, Inc.

     25,000        567,282  

Daiichi Sankyo Co. Ltd.

     27,000        869,681  

Daikin Industries Ltd.

     1,100        168,404  

Daiwa House Industry Co. Ltd.

     11,700        269,478  

FANUC Corp.

     600        90,197  

Fast Retailing Co. Ltd.

     500        305,165  

Fujitsu Ltd.

     1,500        200,254  

Hitachi Ltd.

     12,500        633,882  

Honda Motor Co. Ltd.

     25,000        574,482  

Hoya Corp.

     1,700        163,693  

ITOCHU Corp.

     24,500        769,844  

Japan Exchange Group, Inc.

     12,500        179,762  

Japan Post Holdings Co. Ltd.

     62,500        525,550  

Japan Tobacco, Inc.

     25,000        504,187  

Kao Corp.

     12,500        497,840  

KDDI Corp.

     25,000        754,481  

Keyence Corp.

     900        350,737  

Kirin Holdings Co. Ltd.

     25,000        381,030  

Komatsu Ltd.

     23,400        510,049  

Kubota Corp.

     24,800        341,518  

Kyowa Kirin Co. Ltd.

     12,000        274,660  

M3, Inc.

     11,500        311,850  

Marubeni Corp.

     39,000        447,800  

MINEBEA MITSUMI, Inc.

     12,500        186,726  

MISUMI Group, Inc.

     12,300        268,382  

Mitsubishi Chemical Group Corp.

     50,000        259,464  

Mitsubishi Corp.

     25,000        811,512  

Mitsubishi Electric Corp.

     50,000        497,745  

Mitsubishi Estate Co. Ltd.

     27,300        354,013  

Mitsubishi Heavy Industries Ltd.

     9,100        360,979  

Mitsubishi UFJ Financial Group, Inc.

     250,000        1,684,414  

Mitsui Fudosan Co. Ltd.

     23,000        421,320  

Mizuho Financial Group, Inc.

     49,800        700,510  

Murata Manufacturing Co. Ltd.

     12,500        624,124  

Nexon Co. Ltd.

     11,600        260,406  

Nidec Corp.

     300        15,550  

Nihon M&A Center Holdings, Inc.

     11,400        140,745  

Nintendo Co. Ltd.

     12,500        524,082  

Nippon Paint Holdings Co. Ltd.

     22,700        178,751  

Nippon Steel Corp.

     23,100        401,267  

Nippon Telegraph & Telephone Corp.

     14,200        404,869  

Nissan Motor Co. Ltd.

     60,600        192,026  

Nomura Holdings, Inc.

     101,800        376,971  

Nomura Research Institute Ltd.

     2,300        54,299  

NTT Data Corp.

     14,800      216,709  

Odakyu Electric Railway Co. Ltd.

     12,500        162,094  

Olympus Corp.

     24,600        438,510  

Ono Pharmaceutical Co. Ltd.

     10,900        254,687  

Otsuka Holdings Co. Ltd.

     11,200        365,425  

Pan Pacific International Holdings Corp.

     11,300        210,079  

Panasonic Holdings Corp.

     50,500        425,028  

Rakuten Group, Inc.(b)

     27,200        122,863  

Recruit Holdings Co. Ltd.

     25,000        791,428  

Renesas Electronics Corp.*

     35,500        318,422  

Resona Holdings, Inc.

     60,300        330,509  

Sekisui House Ltd.

     24,400        431,524  

Seven & I Holdings Co. Ltd.

     12,500        536,208  

Shimadzu Corp.

     10,400        295,184  

Shin-Etsu Chemical Co. Ltd.

     1,200        147,562  

Shiseido Co. Ltd.

     100        4,904  

SoftBank Corp.

     62,500        704,839  

SoftBank Group Corp.

     25,000        1,069,385  

Sompo Holdings, Inc.

     10,700        475,213  

Sony Group Corp.

     21,900        1,665,592  

Subaru Corp.

     12,800        196,688  

Sumitomo Chemical Co. Ltd.

     75,000        269,430  

Sumitomo Corp.

     26,700        444,376  

Sumitomo Electric Industries Ltd.

     25,000        285,062  

Sumitomo Mitsui Financial Group, Inc.

     25,000        1,003,448  

Sumitomo Mitsui Trust Holdings, Inc.

     11,800        410,310  

Sumitomo Realty & Development Co. Ltd.

     11,100        262,557  

Suzuki Motor Corp.

     11,200        362,539  

Takeda Pharmaceutical Co. Ltd.

     25,000        778,923  

Terumo Corp.

     12,500        354,883  

Tokio Marine Holdings, Inc.

     25,600        548,592  

Tokyo Electron Ltd.

     900        265,201  

Tokyo Gas Co. Ltd.

     12,100        237,057  

Toray Industries, Inc.

     38,500        214,931  

Toshiba Corp.

     10,300        359,323  

Toyota Motor Corp.

     174,100        2,391,574  

Unicharm Corp.

     11,600        445,555  

Yamato Holdings Co. Ltd.

     12,500        197,715  

Z Holdings Corp.(b)

     64,600        162,547  
     

 

 

 
Total Japan

 

     39,793,522  
Luxembourg – 0.2%

 

ArcelorMittal SA

     8,500        222,935  

Eurofins Scientific SE

     1,875        134,193  
     

 

 

 
Total Luxembourg

 

     357,128  
Macau – 0.1%

 

Sands China Ltd.*

     54,400        180,521  
Netherlands – 3.5%

 

Adyen NV*(a)

     250        343,761  

Aegon NV

     19,779        100,015  

Akzo Nobel NV

     2,375        158,572  

Argenx SE*

     576        214,113  

ASM International NV

     1,003        252,252  

ASML Holding NV

     6,141        3,301,895  

 

See Notes to Financial Statements.

 

98   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2022

 

 

 

Investments    Shares      Value  

Heineken NV

     3,250      $ 304,817  

ING Groep NV

     51,497        625,886  

Just Eat Takeaway.com NV*(a)

     2,000        42,156  

Koninklijke Ahold Delhaize NV

     15,503        444,083  

Koninklijke DSM NV

     2,390        291,548  

Koninklijke KPN NV

     44,750        138,025  

Koninklijke Philips NV

     13,126        196,178  

QIAGEN NV*

     2,375        119,157  

Randstad NV

     750        45,593  

Wolters Kluwer NV

     2,750        286,919  
     

 

 

 
Total Netherlands

 

     6,864,970  
New Zealand – 0.1%

 

Xero Ltd.*

     3,000        142,961  
Norway – 0.6%

 

DNB Bank ASA

     10,873        214,623  

Equinor ASA

     14,875        531,218  

Mowi ASA

     6,875        116,689  

Norsk Hydro ASA

     19,875        147,927  

Telenor ASA

     5,000        46,493  

Yara International ASA

     1,753        76,626  
     

 

 

 
Total Norway

 

     1,133,576  
Portugal – 0.1%

 

EDP – Energias de Portugal SA

     51,769        257,246  
Singapore – 0.9%

 

DBS Group Holdings Ltd.

     27,400        692,968  

Oversea-Chinese Banking Corp. Ltd.

     50,000        454,071  

Singapore Telecommunications Ltd.

     161,500        309,465  

United Overseas Bank Ltd.

     12,500        286,124  
     

 

 

 
Total Singapore

 

     1,742,628  
Spain – 2.2%

 

ACS Actividades de Construccion y Servicios SA

     2,762        78,911  

Aena SME SA*(a)

     1,125        140,837  

Amadeus IT Group SA*

     7,121        368,974  

Banco Bilbao Vizcaya Argentaria SA

     87,792        527,883  

Banco Santander SA

     168,886        505,133  

CaixaBank SA

     39,375        154,308  

Cellnex Telecom SA*(a)

     4,866        160,575  

Endesa SA

     2,875        54,110  

Ferrovial SA

     6,594        172,206  

Grifols SA*

     2,875        33,046  

Iberdrola SA

     91,905        1,072,075  

Industria de Diseno Textil SA

     16,000        424,339  

Repsol SA

     20,249        320,920  

Telefonica SA

     60,821        219,724  
     

 

 

 
Total Spain

 

     4,233,041  
Sweden – 2.3%

 

Alfa Laval AB

     5,000        144,489  

Alleima AB*

     1,421        5,240  

Assa Abloy AB, Class B

     15,023        322,534  

Atlas Copco AB, Class A

     65,000        767,935  

Boliden AB*

     3,874        145,468  

Epiroc AB, Class A

     15,649      285,135  

EQT AB

     3,875        82,041  

Essity AB, Class B

     7,000        183,608  

Evolution AB(a)

     2,488        242,460  

H & M Hennes & Mauritz AB, Class B

     11,878        127,951  

Hexagon AB, Class B

     35,621        372,637  

Kinnevik AB, Class B*

     4,750        65,281  

Nibe Industrier AB, Class B

     19,364        180,454  

Sandvik AB

     18,500        334,507  

Skandinaviska Enskilda Banken AB, Class A

     8,751        100,742  

Skanska AB, Class B

     2,375        37,610  

SKF AB, Class B

     6,250        95,464  

Svenska Cellulosa AB SCA, Class B

     9,625        121,889  

Svenska Handelsbanken AB, Class A

     11,753        118,551  

Swedbank AB, Class A

     6,499        110,588  

Telefonaktiebolaget LM Ericsson, Class B

     40,353        235,855  

Telia Co. AB

     9,250        23,668  

Volvo AB, Class B

     21,625        391,178  
     

 

 

 
Total Sweden

 

     4,495,285  
Switzerland – 10.0%

 

ABB Ltd., Registered Shares

     30,176        915,195  

Accelleron Industries AG*

     1,597        33,046  

Adecco Group AG, Registered Shares

     1,622        53,400  

Alcon, Inc.

     7,750        529,232  

Cie Financiere Richemont SA, Class A, Registered Shares

     7,746        1,003,832  

Credit Suisse Group AG, Registered Shares

     35,181        105,102  

Geberit AG, Registered Shares

     750        353,032  

Givaudan SA, Registered Shares

     125        382,755  

Holcim AG, Registered Shares*

     5,000        258,755  

Julius Baer Group Ltd.

     1,750        101,875  

Kuehne + Nagel International AG, Registered Shares

     978        227,481  

Logitech International SA, Registered Shares

     3,267        201,486  

Lonza Group AG, Registered Shares

     1,078        527,931  

Nestle SA, Registered Shares

     39,963        4,627,795  

Novartis AG, Registered Shares

     29,727        2,685,776  

Partners Group Holding AG

     375        331,064  

Roche Holding AG

     9,747        3,060,423  

Schindler Holding AG, Participation Certificate

     1,250        234,949  

Sika AG, Registered Shares

     2,375        569,107  

Sonova Holding AG, Registered Shares

     995        235,845  

STMicroelectronics NV

     15,261        537,399  

Straumann Holding AG, Registered Shares

     1,250        142,672  

Swatch Group AG, Bearer Shares

     625        177,664  

Swiss Life Holding AG, Registered Shares

     250        128,837  

Swiss Re AG

     3,250        303,783  

Swisscom AG, Registered Shares

     377        206,429  

Temenos AG, Registered Shares

     1,250        68,553  

UBS Group AG, Registered Shares

     41,125        764,760  

Zurich Insurance Group AG

     2,000        956,118  
     

 

 

 
Total Switzerland

 

     19,724,296  
United Kingdom – 14.2%

 

abrdn PLC

     22,520        51,267  

 

See Notes to Financial Statements.

 

WisdomTree Trust      99  


Schedule of Investments (unaudited) (continued)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2022

 

 

 

Investments    Shares      Value  

Admiral Group PLC

     2,118      $ 54,445  

Anglo American PLC

     17,894        696,647  

Antofagasta PLC

     5,251        97,620  

Ashtead Group PLC, Class B

     6,735        382,392  

Associated British Foods PLC

     3,646        69,120  

AstraZeneca PLC

     17,783        2,399,662  

Aviva PLC

     32,111        171,037  

BAE Systems PLC

     39,466        406,375  

Barclays PLC

     241,012        459,571  

Barratt Developments PLC

     15,503        73,998  

BP PLC

     292,263        1,669,574  

British American Tobacco PLC

     31,771        1,254,102  

BT Group PLC

     123,908        167,009  

Bunzl PLC

     4,750        157,643  

Burberry Group PLC

     5,250        128,199  

CK Hutchison Holdings Ltd.

     57,000        342,148  

CNH Industrial NV

     16,771        267,856  

Coca-Cola Europacific Partners PLC

     2,000        110,640  

Compass Group PLC

     26,861        619,566  

Croda International PLC

     2,375        188,669  

DCC PLC

     652        31,999  

Diageo PLC

     34,500        1,514,752  

Entain PLC

     10,125        160,950  

Experian PLC

     13,869        469,294  

Ferguson PLC

     3,247        407,767  

Glencore PLC

     132,417        879,887  

Haleon PLC*

     67,250        264,810  

Halma PLC

     6,977        165,671  

HSBC Holdings PLC

     273,000        1,693,517  

Informa PLC

     24,000        178,876  

InterContinental Hotels Group PLC

     2,500        142,664  

Intertek Group PLC

     2,375        115,247  

James Hardie Industries PLC

     8,046        144,049  

Johnson Matthey PLC

     2,625        67,162  

Kingfisher PLC

     23,289        66,142  

Legal & General Group PLC

     94,751        284,370  

Lloyds Banking Group PLC

     963,250        526,163  

London Stock Exchange Group PLC

     4,355        373,829  

Melrose Industries PLC

     57,126        92,424  

Mondi PLC

     6,122        103,798  

National Grid PLC

     48,378        580,426  

NatWest Group PLC

     38,096        121,530  

Next PLC

     1,625        113,491  

Ocado Group PLC*

     8,125        60,283  

Pearson PLC

     10,250        115,801  

Persimmon PLC

     3,998        58,528  

Prudential PLC

     40,274        546,224  

Reckitt Benckiser Group PLC

     10,423        721,427  

RELX PLC

     27,000        743,104  

Rentokil Initial PLC

     24,125        147,422  

Rolls-Royce Holdings PLC*

     129,238        144,889  

Sage Group PLC

     19,632        176,076  

Segro PLC

     7,272        66,796  

Shell PLC

     105,717        2,957,905  

Smith & Nephew PLC

     15,625      208,534  

Smiths Group PLC

     5,121        98,468  

Spirax-Sarco Engineering PLC

     1,125        143,649  

SSE PLC

     13,982        287,941  

St. James’s Place PLC

     8,875        116,899  

Standard Chartered PLC

     35,641        266,839  

Taylor Wimpey PLC

     48,250        58,998  

Tesco PLC

     97,622        263,277  

Unilever PLC

     37,720        1,897,516  

United Utilities Group PLC

     1,625        19,379  

Vodafone Group PLC

     337,771        342,271  

Whitbread PLC

     3,125        96,608  

WPP PLC

     17,501        172,668  
     

 

 

 
Total United Kingdom

 

     27,977,860  
United States – 0.7%

 

GSK PLC

     53,770        929,839  

Stellantis NV

     28,638        405,399  
     

 

 

 
Total United States

 

     1,335,238  

TOTAL COMMON STOCKS

(Cost: $184,173,969)

 

 

     177,554,561  
PREFERRED STOCKS – 0.5%

 

Germany – 0.5%

 

Henkel AG & Co. KGaA

     3,875        268,896  

Porsche Automobil Holding SE

     1,875        102,536  

Sartorius AG

     625        246,401  
Volkswagen AG      2,857        354,980  

TOTAL PREFERRED STOCKS

(Cost: $1,172,211)

 

 

     972,813  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(c)

     
(Cost: $266,775)      266,775        266,775  

TOTAL INVESTMENTS IN SECURITIES – 90.8%

(Cost: $185,612,955)

 

 

     178,794,149  

Other Assets less Liabilities – 9.2%

 

     18,187,534  
  

 

 

 
NET ASSETS – 100.0%

 

   $ 196,981,683  
* 

Non-income producing security.

 

(a) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(b) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $750,410 and the total market value of the collateral held by the Fund was $792,176. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $525,401.

 

(c) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

See Notes to Financial Statements.

 

100   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2022

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to
be Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

JP Morgan Chase Bank NA

    1/3/2023       273,975       HKD       35,151       USD     $     $ (48

 

FUTURES CONTRACTS (EXCHANGE-TRADED)  
Long Exposure   Contracts     Expiration
Date
    Notional
Value
    Unrealized
Appreciation/
(Depreciation)
 

2 Year U.S. Treasury Note

    115       3/31/23     $ 23,583,984     $ 22,813  

5 Year U.S. Treasury Note

    220       3/31/23       23,744,531       (9,700

10 Year U.S. Treasury Note

    209       3/22/23       23,470,047       (118,398

U.S. Treasury Long Bond

    187       3/22/23       23,439,281       (271,302

Ultra 10 Year U.S. Treasury Note

    198       3/22/23       23,419,688       (212,780
      $ 117,657,531     $ (589,367

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 177,554,561      $      $      $ 177,554,561  

Preferred Stocks

     972,813                      972,813  

Investment of Cash Collateral for Securities Loaned

            266,775               266,775  

Total Investments in Securities

   $ 178,527,374      $ 266,775      $      $ 178,794,149  

Financial Derivative Instruments

           

Futures Contracts1

   $ 22,813      $      $      $ 22,813  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (48    $      $ (48

Futures Contracts1

     (612,180                    (612,180

Total – Net

   $ 177,938,007      $ 266,727      $      $ 178,204,734  
1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

WisdomTree Trust      101  


Schedule of Investments (unaudited)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 90.2%

 

Argentina – 0.1%

 

Internet & Direct Marketing Retail – 0.1%

 

MercadoLibre, Inc.*

     759      $ 642,296  
Brazil – 0.0%

 

Banks – 0.0%

 

NU Holdings Ltd., Class A*(a)

     46,998        191,282  
China – 0.2%

 

Hotels, Restaurants & Leisure – 0.1%

 

Yum China Holdings, Inc.

     7,410        404,956  
Semiconductors & Semiconductor Equipment – 0.1%

 

NXP Semiconductors NV

     4,452        703,550  
Total China

 

     1,108,506  
Ireland – 0.0%

 

Technology Hardware, Storage & Peripherals – 0.0%

 

Seagate Technology Holdings PLC

     3,492        183,714  
Israel – 0.0%

 

Software – 0.0%

 

Check Point Software Technologies Ltd.*

     1,856        234,153  
Russia – 0.0%

 

Interactive Media & Services – 0.0%

 

Yandex NV, Class A*

     6,719        0  
South Korea – 0.0%

 

Internet & Direct Marketing Retail – 0.0%

 

Coupang, Inc.*

     20,548        302,261  
United Kingdom – 0.5%

 

Chemicals – 0.5%

 

Linde PLC

     10,137        3,306,487  
United States – 89.4%

 

Aerospace & Defense – 1.7%

 

Boeing Co.*

     12,004        2,286,642  

General Dynamics Corp.

     4,824        1,196,882  

Howmet Aerospace, Inc.

     7,639        301,053  

L3Harris Technologies, Inc.

     3,601        749,764  

Lockheed Martin Corp.

     4,763        2,317,152  

Northrop Grumman Corp.

     2,808        1,532,073  

Raytheon Technologies Corp.

     28,778        2,904,276  

Textron, Inc.

     4,115        291,342  

TransDigm Group, Inc.

     846        532,684  
     

 

 

 
Total Aerospace & Defense

 

     12,111,868  
Air Freight & Logistics – 0.5%

 

C.H. Robinson Worldwide, Inc.

     2,619        239,796  

Expeditors International of Washington, Inc.

     2,789        289,833  

FedEx Corp.

     4,606        797,759  

United Parcel Service, Inc., Class B

     14,012        2,435,846  
     

 

 

 
Total Air Freight & Logistics

 

     3,763,234  
Airlines – 0.1%

 

Delta Air Lines, Inc.*

     12,269        403,159  

Southwest Airlines Co.

     9,638        324,512  

United Airlines Holdings, Inc.*

     7,159        269,894  
     

 

 

 
Total Airlines

 

     997,565  
Auto Components – 0.1%

 

Aptiv PLC*

     5,206      484,835  
Automobiles – 1.2%

 

Ford Motor Co.

     79,825        928,365  

General Motors Co.

     28,189        948,278  

Rivian Automotive, Inc., Class A*(a)

     8,811        162,387  

Tesla, Inc.*

     53,684        6,612,795  
     

 

 

 
Total Automobiles

 

     8,651,825  
Banks – 3.5%

 

Bank of America Corp.

     141,001        4,669,953  

Citigroup, Inc.

     39,242        1,774,916  

Citizens Financial Group, Inc.

     9,946        391,574  

Fifth Third Bancorp

     11,347        372,295  

First Citizens BancShares, Inc., Class A

     332        251,776  

First Horizon Corp.

     10,002        245,049  

First Republic Bank

     3,326        405,406  

Huntington Bancshares, Inc.

     25,495        359,479  

JPMorgan Chase & Co.

     59,229        7,942,609  

KeyCorp

     18,343        319,535  

M&T Bank Corp.

     3,603        522,651  

PNC Financial Services Group, Inc.

     8,372        1,322,274  

Regions Financial Corp.

     17,153        369,819  

SVB Financial Group*

     939        216,101  

Truist Financial Corp.

     26,679        1,147,997  

U.S. Bancorp

     27,896        1,216,545  

Wells Fargo & Co.

     77,263        3,190,189  
     

 

 

 
Total Banks

 

     24,718,168  
Beverages – 1.7%

 

Brown-Forman Corp., Class B

     6,663        437,626  

Coca-Cola Co.

     79,940        5,084,983  

Constellation Brands, Inc., Class A

     3,363        779,375  

Keurig Dr. Pepper, Inc.

     17,404        620,627  

Monster Beverage Corp.*

     7,664        778,126  

PepsiCo, Inc.

     26,043        4,704,928  
     

 

 

 
Total Beverages

 

     12,405,665  
Biotechnology – 2.4%

 

AbbVie, Inc.

     36,459        5,892,139  

Alnylam Pharmaceuticals, Inc.*

     1,571        373,348  

Amgen, Inc.

     10,136        2,662,119  

Biogen, Inc.*

     2,475        685,377  

Biohaven Ltd.*

     60        833  

BioMarin Pharmaceutical, Inc.*

     3,213        332,513  

Gilead Sciences, Inc.

     23,284        1,998,931  

Horizon Therapeutics PLC*

     4,014        456,793  

Incyte Corp.*

     4,205        337,746  

Moderna, Inc.*

     6,858        1,231,834  

Regeneron Pharmaceuticals, Inc.*

     1,716        1,238,077  

Seagen, Inc.*

     3,399        436,806  

Vertex Pharmaceuticals, Inc.*

     4,576        1,321,457  
     

 

 

 
Total Biotechnology

 

     16,967,973  
Building Products – 0.3%

 

Carlisle Cos., Inc.

     935        220,333  

 

See Notes to Financial Statements.

 

102   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2022

 

 

 

Investments    Shares      Value  

Carrier Global Corp.

     12,156      $ 501,435  

Johnson Controls International PLC

     12,869        823,616  

Masco Corp.

     4,841        225,929  

Trane Technologies PLC

     4,013        674,545  
     

 

 

 
Total Building Products

 

     2,445,858  
Capital Markets – 3.0%

 

Ameriprise Financial, Inc.

     2,056        640,177  

Bank of New York Mellon Corp.

     14,380        654,578  

BlackRock, Inc.

     3,059        2,167,699  

Blackstone, Inc.

     14,151        1,049,863  

Charles Schwab Corp.

     30,911        2,573,650  

CME Group, Inc.

     6,680        1,123,309  

Coinbase Global, Inc., Class A*

     2,440        86,352  

FactSet Research Systems, Inc.

     707        283,655  

Goldman Sachs Group, Inc.

     6,915        2,374,473  

Intercontinental Exchange, Inc.

     11,175        1,146,443  

KKR & Co., Inc.

     10,277        477,058  

LPL Financial Holdings, Inc.

     1,597        345,223  

Moody’s Corp.

     3,284        914,988  

Morgan Stanley

     27,310        2,321,896  

MSCI, Inc.

     1,662        773,113  

Nasdaq, Inc.

     7,122        436,935  

Northern Trust Corp.

     3,713        328,563  

Raymond James Financial, Inc.

     3,665        391,605  

S&P Global, Inc.

     6,468        2,166,392  

State Street Corp.

     7,374        572,001  

T. Rowe Price Group, Inc.

     4,081        445,074  
     

 

 

 
Total Capital Markets

 

     21,273,047  
Chemicals – 1.2%

 

Air Products and Chemicals, Inc.

     4,204        1,295,925  

Albemarle Corp.

     2,366        513,091  

CF Industries Holdings, Inc.

     3,252        277,070  

Corteva, Inc.

     13,736        807,402  

Dow, Inc.

     14,401        725,666  

DuPont de Nemours, Inc.

     9,719        667,015  

Ecolab, Inc.

     5,013        729,692  

FMC Corp.

     2,654        331,219  

International Flavors & Fragrances, Inc.

     5,091        533,741  

LyondellBasell Industries NV, Class A

     5,336        443,048  

Mosaic Co.

     5,824        255,499  

PPG Industries, Inc.

     4,843        608,959  

Sherwin-Williams Co.

     4,775        1,133,251  
     

 

 

 
Total Chemicals

 

     8,321,578  
Commercial Services & Supplies – 0.5%

 

Cintas Corp.

     1,818        821,045  

Copart, Inc.*

     8,672        528,038  

Republic Services, Inc.

     4,303        555,044  

Waste Connections, Inc.

     5,113        677,780  

Waste Management, Inc.

     7,974        1,250,961  
     

 

 

 
Total Commercial Services & Supplies

 

     3,832,868  
Communications Equipment – 0.7%

 

Arista Networks, Inc.*

     5,265        638,908  

Cisco Systems, Inc.

     78,034      3,717,540  

Motorola Solutions, Inc.

     2,850        734,473  
     

 

 

 
Total Communications Equipment

 

     5,090,921  
Construction & Engineering – 0.1%

 

Quanta Services, Inc.

     2,731        389,168  
Construction Materials – 0.1%

 

Martin Marietta Materials, Inc.

     1,235        417,393  

Vulcan Materials Co.

     2,747        481,027  
     

 

 

 
Total Construction Materials

 

     898,420  
Consumer Finance – 0.5%

 

American Express Co.

     12,320        1,820,280  

Capital One Financial Corp.

     7,185        667,917  

Discover Financial Services

     4,918        481,128  

Synchrony Financial

     7,051        231,696  
     

 

 

 
Total Consumer Finance

 

     3,201,021  
Containers & Packaging – 0.1%

 

Amcor PLC

     27,334        325,548  

Avery Dennison Corp.

     1,615        292,315  

Ball Corp.

     4,916        251,404  
     

 

 

 
Total Containers & Packaging

 

     869,267  
Distributors – 0.1%

 

Genuine Parts Co.

     2,535        439,848  

LKQ Corp.

     5,625        300,431  

Pool Corp.

     686        207,399  
     

 

 

 
Total Distributors

 

     947,678  
Diversified Financial Services – 1.6%

 

Apollo Global Management, Inc.

     6,861        437,663  

Berkshire Hathaway, Inc., Class A*

     7        3,280,977  

Berkshire Hathaway, Inc., Class B*

     24,157        7,462,097  
     

 

 

 
Total Diversified Financial Services

 

     11,180,737  
Diversified Telecommunication Services – 0.8%

 

AT&T, Inc.

     144,145        2,653,709  

Verizon Communications, Inc.

     84,677        3,336,274  
     

 

 

 
Total Diversified Telecommunication Services

 

     5,989,983  
Electric Utilities – 1.7%

 

Alliant Energy Corp.

     4,910        271,081  

American Electric Power Co., Inc.

     9,810        931,460  

Constellation Energy Corp.

     5,373        463,206  

Duke Energy Corp.

     14,846        1,528,990  

Edison International

     6,552        416,838  

Entergy Corp.

     3,776        424,800  

Evergy, Inc.

     3,686        231,960  

Eversource Energy

     6,716        563,070  

Exelon Corp.

     19,374        837,538  

FirstEnergy Corp.

     10,269        430,682  

NextEra Energy, Inc.

     39,614        3,311,730  

PG&E Corp.*

     35,742        581,165  

PPL Corp.

     15,356        448,702  

Southern Co.

     18,796        1,342,222  

Xcel Energy, Inc.

     9,485        664,993  
     

 

 

 
Total Electric Utilities

 

     12,448,437  

 

See Notes to Financial Statements.

 

WisdomTree Trust      103  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2022

 

 

 

Investments    Shares      Value  
Electrical Equipment – 0.6%

 

AMETEK, Inc.

     4,459      $ 623,012  

Eaton Corp. PLC

     8,227        1,291,228  

Emerson Electric Co.

     11,789        1,132,451  

Generac Holdings, Inc.*

     914        92,003  

Hubbell, Inc.

     918        215,436  

Plug Power, Inc.*(a)

     10,544        130,429  

Rockwell Automation, Inc.

     2,403        618,941  
     

 

 

 
Total Electrical Equipment

 

     4,103,500  
Electronic Equipment, Instruments & Components – 0.5%

 

Amphenol Corp., Class A

     10,100        769,014  

CDW Corp.

     2,791        498,417  

Corning, Inc.

     16,966        541,894  

Keysight Technologies, Inc.*

     3,662        626,458  

TE Connectivity Ltd.

     5,394        619,231  

Teledyne Technologies, Inc.*

     760        303,931  

Trimble, Inc.*

     3,980        201,229  

Zebra Technologies Corp., Class A*

     1,143        293,077  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,853,251  
Energy Equipment & Services – 0.4%

 

Baker Hughes Co.

     15,639        461,819  

Halliburton Co.

     15,902        625,744  

Schlumberger Ltd.

     27,165        1,452,241  
     

 

 

 
Total Energy Equipment & Services

 

     2,539,804  
Entertainment—1.2%

 

Activision Blizzard, Inc.

     14,320        1,096,196  

Electronic Arts, Inc.

     4,979        608,334  

Live Nation Entertainment, Inc.*

     2,621        182,788  

Netflix, Inc.*

     8,945        2,637,702  

ROBLOX Corp., Class A*

     9,734        277,030  

Take-Two Interactive Software, Inc.*

     2,870        298,853  

Walt Disney Co.*

     36,826        3,199,443  

Warner Bros Discovery, Inc.*

     47,832        453,447  
     

 

 

 
Total Entertainment

 

     8,753,793  
Equity Real Estate Investment Trusts (REITs) – 2.3%

 

Alexandria Real Estate Equities, Inc.

     2,668        388,648  

American Tower Corp.

     9,386        1,988,518  

AvalonBay Communities, Inc.

     2,723        439,819  

Boston Properties, Inc.

     3,169        214,161  

Camden Property Trust

     2,109        235,955  

Crown Castle, Inc.

     8,280        1,123,099  

Digital Realty Trust, Inc.

     5,632        564,721  

Equinix, Inc.

     1,714        1,122,721  

Equity LifeStyle Properties, Inc.

     3,697        238,826  

Equity Residential

     6,724        396,716  

Essex Property Trust, Inc.

     1,128        239,046  

Extra Space Storage, Inc.

     2,444        359,708  

Gaming and Leisure Properties, Inc.

     4,705        245,083  

Healthpeak Properties, Inc.

     8,958        224,577  

Host Hotels & Resorts, Inc.

     13,014        208,875  

Invitation Homes, Inc.

     12,291        364,305  

Iron Mountain, Inc.

     4,719        235,242  

Kimco Realty Corp.

     13,466      285,210  

Mid-America Apartment Communities, Inc.

     2,201        345,535  

Prologis, Inc.

     17,606        1,984,724  

Public Storage

     2,916        817,034  

Realty Income Corp.

     12,415        787,484  

SBA Communications Corp.

     1,954        547,726  

Simon Property Group, Inc.

     5,915        694,894  

Sun Communities, Inc.

     2,476        354,068  

UDR, Inc.

     5,143        199,188  

Ventas, Inc.

     6,598        297,240  

VICI Properties, Inc.

     14,483        469,249  

W.P. Carey, Inc.

     4,217        329,559  

Welltower, Inc.

     8,902        583,526  

Weyerhaeuser Co.

     15,500        480,500  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     16,765,957  
Food & Staples Retailing – 1.4%

 

Costco Wholesale Corp.

     8,885        4,056,002  

Kroger Co.

     12,039        536,699  

Sysco Corp.

     10,742        821,226  

Walgreens Boots Alliance, Inc.

     13,805        515,755  

Walmart, Inc.

     29,613        4,198,827  
     

 

 

 
Total Food & Staples Retailing

 

     10,128,509  
Food Products – 1.0%

 

Archer-Daniels-Midland Co.

     9,658        896,745  

Bunge Ltd.

     2,919        291,229  

Conagra Brands, Inc.

     8,484        328,331  

Darling Ingredients, Inc.*

     3,068        192,026  

General Mills, Inc.

     10,070        844,369  

Hershey Co.

     2,594        600,693  

Hormel Foods Corp.

     5,074        231,121  

J.M. Smucker Co.

     2,008        318,188  

Kellogg Co.

     4,153        295,860  

Kraft Heinz Co.

     16,299        663,532  

McCormick & Co., Inc., Non-Voting Shares

     4,151        344,076  

Mondelez International, Inc., Class A

     27,230        1,814,879  

Tyson Foods, Inc., Class A

     5,294        329,552  
     

 

 

 
Total Food Products

 

     7,150,601  
Gas Utilities – 0.0%

 

Atmos Energy Corp.

     2,184        244,761  
Health Care Equipment & Supplies – 2.4%

 

Abbott Laboratories

     35,390        3,885,468  

Align Technology, Inc.*

     1,339        282,395  

Baxter International, Inc.

     8,690        442,929  

Becton Dickinson and Co.

     5,334        1,356,436  

Boston Scientific Corp.*

     29,498        1,364,873  

Cooper Cos., Inc.

     784        259,245  

Dexcom, Inc.*

     7,778        880,781  

Edwards Lifesciences Corp.*

     11,789        879,577  

Hologic, Inc.*

     4,689        350,784  

IDEXX Laboratories, Inc.*

     1,613        658,040  

Insulet Corp.*

     945        278,199  

Intuitive Surgical, Inc.*

     6,687        1,774,395  

 

See Notes to Financial Statements.

 

104   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2022

 

 

 

Investments    Shares      Value  

Medtronic PLC

     25,174      $ 1,956,523  

ResMed, Inc.

     2,914        606,491  

STERIS PLC

     1,648        304,369  

Stryker Corp.

     6,790        1,660,087  

Zimmer Biomet Holdings, Inc.

     4,158        530,145  
     

 

 

 
Total Health Care Equipment & Supplies

 

     17,470,737  
Health Care Providers & Services – 3.1%

 

AmerisourceBergen Corp.

     2,940        487,187  

Cardinal Health, Inc.

     4,858        373,435  

Centene Corp.*

     9,513        780,161  

Cigna Corp.

     5,678        1,881,349  

CVS Health Corp.

     26,332        2,453,879  

Elevance Health, Inc.

     4,849        2,487,392  

HCA Healthcare, Inc.

     4,475        1,073,821  

Humana, Inc.

     2,382        1,220,037  

Laboratory Corp. of America Holdings

     1,610        379,123  

McKesson Corp.

     2,778        1,042,083  

Molina Healthcare, Inc.*

     969        319,983  

Quest Diagnostics, Inc.

     2,378        372,014  

UnitedHealth Group, Inc.

     17,751        9,411,225  
     

 

 

 
Total Health Care Providers & Services

 

     22,281,689  
Health Care Technology – 0.1%

 

Veeva Systems, Inc., Class A*

     2,201        355,197  
Hotels, Restaurants & Leisure – 1.8%

 

Airbnb, Inc., Class A*

     8,379        716,404  

Booking Holdings, Inc.*

     811        1,634,392  

Chipotle Mexican Grill, Inc.*

     509        706,232  

Darden Restaurants, Inc.

     2,054        284,130  

Domino’s Pizza, Inc.

     547        189,481  

Expedia Group, Inc.*

     3,081        269,896  

Hilton Worldwide Holdings, Inc.

     5,441        687,525  

Las Vegas Sands Corp.*

     7,307        351,247  

Marriott International, Inc., Class A

     5,886        876,367  

McDonald’s Corp.

     14,544        3,832,780  

Starbucks Corp.

     23,143        2,295,786  

Yum! Brands, Inc.

     5,740        735,179  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     12,579,419  
Household Durables – 0.2%

 

D.R. Horton, Inc.

     5,142        458,358  

Garmin Ltd.

     2,603        240,231  

Lennar Corp., Class A

     5,127        463,993  

NVR, Inc.*

     59        272,142  
     

 

 

 
Total Household Durables

 

     1,434,724  
Household Products – 1.4%

 

Church & Dwight Co., Inc.

     4,749        382,817  

Clorox Co.

     2,289        321,215  

Colgate-Palmolive Co.

     16,653        1,312,090  

Kimberly-Clark Corp.

     6,273        851,560  

Procter & Gamble Co.

     47,859        7,253,510  
     

 

 

 
Total Household Products

 

     10,121,192  
Independent Power & Renewable Electricity Producers – 0.0%

 

AES Corp.

     10,758      309,400  
Industrial Conglomerates – 0.8%

 

3M Co.

     10,897        1,306,768  

General Electric Co.

     18,063        1,513,499  

Honeywell International, Inc.

     13,596        2,913,623  
     

 

 

 
Total Industrial Conglomerates

 

     5,733,890  
Insurance – 2.0%

 

Aflac, Inc.

     11,763        846,230  

Allstate Corp.

     5,150        698,340  

American International Group, Inc.

     14,226        899,652  

Aon PLC, Class A

     3,995        1,199,059  

Arch Capital Group Ltd.*

     5,958        374,043  

Arthur J Gallagher & Co.

     3,814        719,092  

Brown & Brown, Inc.

     4,456        253,858  

Chubb Ltd.

     7,939        1,751,344  

Cincinnati Financial Corp.

     3,159        323,450  

Hartford Financial Services Group, Inc.

     6,110        463,321  

Markel Corp.*

     312        411,057  

Marsh & McLennan Cos., Inc.

     9,494        1,571,067  

MetLife, Inc.

     13,446        973,087  

Principal Financial Group, Inc.

     3,977        333,750  

Progressive Corp.

     11,294        1,464,945  

Prudential Financial, Inc.

     6,863        682,594  

Travelers Cos., Inc.

     4,370        819,331  

W.R. Berkley Corp.

     3,540        256,898  

Willis Towers Watson PLC

     2,003        489,894  
     

 

 

 
Total Insurance

 

     14,531,012  
Interactive Media & Services – 3.7%

 

Alphabet, Inc., Class A*

     124,129        10,951,902  

Alphabet, Inc., Class C*

     106,854        9,481,155  

Match Group, Inc.*

     3,977        165,006  

Meta Platforms, Inc., Class A*

     45,772        5,508,202  

Pinterest, Inc., Class A*

     10,701        259,820  

Snap, Inc., Class A*

     20,489        183,377  

ZoomInfo Technologies, Inc.*

     6,303        189,783  
     

 

 

 
Total Interactive Media & Services

 

     26,739,245  
Internet & Direct Marketing Retail – 2.3%

 

Amazon.com, Inc.*

     184,982        15,538,488  

DoorDash, Inc., Class A*

     4,493        219,348  

eBay, Inc.

     10,509        435,808  

Etsy, Inc.*

     2,174        260,402  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     16,454,046  
IT Services – 4.4%

 

Accenture PLC, Class A

     12,841        3,426,492  

Akamai Technologies, Inc.*

     2,691        226,851  

Automatic Data Processing, Inc.

     8,360        1,996,870  

Block, Inc.*

     10,184        639,963  

Broadridge Financial Solutions, Inc.

     3,181        426,667  

Cloudflare, Inc., Class A*

     3,971        179,529  

Cognizant Technology Solutions Corp., Class A

     10,151        580,536  

EPAM Systems, Inc.*

     1,004        329,051  

 

See Notes to Financial Statements.

 

WisdomTree Trust      105  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2022

 

 

 

Investments    Shares      Value  

Fidelity National Information Services, Inc.

     11,391      $ 772,879  

Fiserv, Inc.*

     12,281        1,241,241  

FleetCor Technologies, Inc.*

     1,621        297,745  

Gartner, Inc.*

     1,498        503,538  

Global Payments, Inc.

     5,100        506,532  

GoDaddy, Inc., Class A*

     3,050        228,201  

International Business Machines Corp.

     17,240        2,428,944  

Jack Henry & Associates, Inc.

     1,432        251,402  

MasterCard, Inc., Class A

     17,316        6,021,293  

MongoDB, Inc.*

     1,184        233,059  

Paychex, Inc.

     6,350        733,806  

PayPal Holdings, Inc.*

     22,628        1,611,566  

Snowflake, Inc., Class A*

     6,141        881,479  

SS&C Technologies Holdings, Inc.

     3,983        207,355  

Twilio, Inc., Class A*

     2,569        125,778  

VeriSign, Inc.*

     1,714        352,124  

Visa, Inc., Class A

     33,045        6,865,429  
     

 

 

 
Total IT Services

 

     31,068,330  
Life Sciences Tools & Services – 1.7%

 

Agilent Technologies, Inc.

     5,428        812,300  

Avantor, Inc.*

     12,999        274,149  

Bio-Techne Corp.

     3,480        288,422  

Danaher Corp.

     14,182        3,764,187  

Illumina, Inc.*

     2,504        506,309  

IQVIA Holdings, Inc.*

     3,450        706,871  

Mettler-Toledo International, Inc.*

     438        633,107  

PerkinElmer, Inc.

     2,497        350,129  

Thermo Fisher Scientific, Inc.

     7,929        4,366,421  

Waters Corp.*

     1,018        348,746  

West Pharmaceutical Services, Inc.

     1,290        303,602  
     

 

 

 
Total Life Sciences Tools & Services

 

     12,354,243  
Machinery – 1.7%

 

Caterpillar, Inc.

     10,117        2,423,629  

Cummins, Inc.

     2,789        675,747  

Deere & Co.

     5,653        2,423,780  

Dover Corp.

     2,468        334,192  

Fortive Corp.

     6,146        394,880  

IDEX Corp.

     1,718        392,271  

Illinois Tool Works, Inc.

     5,476        1,206,363  

Ingersoll Rand, Inc.

     5,432        283,822  

Nordson Corp.

     1,216        289,068  

Otis Worldwide Corp.

     8,196        641,829  

PACCAR, Inc.

     6,940        686,852  

Parker-Hannifin Corp.

     2,775        807,525  

Snap-on, Inc.

     1,203        274,873  

Stanley Black & Decker, Inc.

     2,644        198,617  

Westinghouse Air Brake Technologies Corp.

     3,919        391,155  

Xylem, Inc.

     3,416        377,707  
     

 

 

 
Total Machinery

 

     11,802,310  
Media – 0.6%

 

Charter Communications, Inc., Class A*

     1,947        660,228  

Comcast Corp., Class A

     89,149        3,117,540  

Omnicom Group, Inc.

     4,414      360,050  

Trade Desk, Inc., Class A*

     7,867        352,678  
     

 

 

 
Total Media

 

     4,490,496  
Metals & Mining – 0.4%

 

Freeport-McMoRan, Inc.

     27,399        1,041,162  

Newmont Corp.

     14,644        691,197  

Nucor Corp.

     4,641        611,730  

Steel Dynamics, Inc.

     3,408        332,962  
     

 

 

 
Total Metals & Mining

 

     2,677,051  
Multi-Utilities – 0.7%

 

Ameren Corp.

     4,266        379,333  

CenterPoint Energy, Inc.

     9,963        298,790  

CMS Energy Corp.

     5,662        358,574  

Consolidated Edison, Inc.

     6,146        585,775  

Dominion Energy, Inc.

     16,787        1,029,379  

DTE Energy Co.

     3,638        427,574  

Public Service Enterprise Group, Inc.

     8,504        521,040  

Sempra Energy

     5,183        800,981  

WEC Energy Group, Inc.

     6,410        601,002  
     

 

 

 
Total Multi-Utilities

 

     5,002,448  
Multiline Retail – 0.4%

 

Dollar General Corp.

     3,899        960,129  

Dollar Tree, Inc.*

     4,644        656,847  

Target Corp.

     8,863        1,320,942  
     

 

 

 
Total Multiline Retail

 

     2,937,918  
Oil, Gas & Consumable Fuels – 4.4%

 

APA Corp.

     6,227        290,676  

Cheniere Energy, Inc.

     4,923        738,253  

Chevron Corp.

     36,246        6,505,795  

ConocoPhillips

     26,575        3,135,850  

Coterra Energy, Inc.

     12,927        317,616  

Devon Energy Corp.

     12,567        772,996  

Diamondback Energy, Inc.

     3,393        464,095  

EOG Resources, Inc.

     9,536        1,235,103  

EQT Corp.

     5,969        201,931  

Exxon Mobil Corp.

     83,401        9,199,130  

Hess Corp.

     4,395        623,299  

Kinder Morgan, Inc.

     39,706        717,884  

Marathon Oil Corp.

     11,437        309,600  

Marathon Petroleum Corp.

     9,391        1,093,019  

Occidental Petroleum Corp.

     15,454        973,447  

ONEOK, Inc.

     9,190        603,783  

Phillips 66

     9,492        987,927  

Pioneer Natural Resources Co.

     4,146        946,905  

Targa Resources Corp.

     3,767        276,875  

Texas Pacific Land Corp.

     147        344,602  

Valero Energy Corp.

     7,441        943,965  

Williams Cos., Inc.

     22,974        755,845  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     31,438,596  
Personal Products – 0.2%

 

Estee Lauder Cos., Inc., Class A

     4,643        1,151,975  

 

See Notes to Financial Statements.

 

106   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2022

 

 

 

Investments    Shares      Value  
Pharmaceuticals – 4.3%

 

Bristol-Myers Squibb Co.

     40,926      $ 2,944,626  

Catalent, Inc.*

     3,137        141,196  

Eli Lilly & Co.

     15,949        5,834,782  

Johnson & Johnson

     53,029        9,367,573  

Merck & Co., Inc.

     48,205        5,348,345  

Pfizer, Inc.

     107,838        5,525,619  

Royalty Pharma PLC, Class A

     6,198        244,945  

Zoetis, Inc.

     9,486        1,390,173  
     

 

 

 
Total Pharmaceuticals

 

     30,797,259  
Professional Services – 0.4%

 

Booz Allen Hamilton Holding Corp.

     2,361        246,772  

CoStar Group, Inc.*

     8,689        671,486  

Equifax, Inc.

     2,540        493,674  

Jacobs Solutions, Inc.

     2,759        331,273  

Leidos Holdings, Inc.

     2,571        270,444  

Verisk Analytics, Inc.

     2,962        522,556  
     

 

 

 
Total Professional Services

 

     2,536,205  
Real Estate Management & Development – 0.1%

 

CBRE Group, Inc., Class A*

     5,766        443,751  
Road & Rail – 1.0%

 

CSX Corp.

     41,994        1,300,974  

JB Hunt Transport Services, Inc.

     1,654        288,392  

Norfolk Southern Corp.

     4,709        1,160,392  

Old Dominion Freight Line, Inc.

     1,644        466,534  

Uber Technologies, Inc.*

     40,398        999,043  

Union Pacific Corp.

     12,649        2,619,228  
     

 

 

 
Total Road & Rail

 

     6,834,563  
Semiconductors & Semiconductor Equipment – 4.3%

 

Advanced Micro Devices, Inc.*

     32,849        2,127,630  

Analog Devices, Inc.

     10,521        1,725,760  

Applied Materials, Inc.

     16,474        1,604,238  

Broadcom, Inc.

     6,527        3,649,442  

Enphase Energy, Inc.*

     2,528        669,819  

Entegris, Inc.

     3,070        201,361  

First Solar, Inc.*

     1,831        274,265  

Intel Corp.

     76,982        2,034,634  

KLA Corp.

     2,594        978,016  

Lam Research Corp.

     2,601        1,093,200  

Marvell Technology, Inc.

     15,258        565,156  

Microchip Technology, Inc.

     10,281        722,240  

Micron Technology, Inc.

     21,118        1,055,478  

Monolithic Power Systems, Inc.

     865        305,873  

NVIDIA Corp.

     47,145        6,889,770  

ON Semiconductor Corp.*

     7,796        486,237  

QUALCOMM, Inc.

     22,675        2,492,890  

Skyworks Solutions, Inc.

     2,755        251,063  

SolarEdge Technologies, Inc.*

     1,086        307,631  

Teradyne, Inc.

     2,926        255,586  

Texas Instruments, Inc.

     17,278        2,854,671  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     30,544,960  
Software – 8.2%

 

Adobe, Inc.*

     9,409      3,166,411  

ANSYS, Inc.*

     1,455        351,513  

Atlassian Corp. Ltd., Class A*

     2,354        302,913  

Autodesk, Inc.*

     4,296        802,794  

Bill.com Holdings, Inc.*

     1,513        164,856  

Cadence Design Systems, Inc.*

     5,243        842,235  

Crowdstrike Holdings, Inc., Class A*

     4,501        473,910  

Datadog, Inc., Class A*

     5,078        373,233  

DocuSign, Inc.*

     3,104        172,024  

Fortinet, Inc.*

     11,925        583,013  

Gen Digital, Inc.

     12,646        271,004  

HubSpot, Inc.*

     828        239,400  

Intuit, Inc.

     5,364        2,087,776  

Microsoft Corp.

     150,415        36,072,525  

Oracle Corp.

     31,570        2,580,532  

Palantir Technologies, Inc., Class A*(a)

     33,812        217,073  

Palo Alto Networks, Inc.*

     6,135        856,078  

Paycom Software, Inc.*

     1,134        351,892  

PTC, Inc.*

     2,274        272,971  

Roper Technologies, Inc.

     1,858        802,823  

Salesforce, Inc.*

     20,335        2,696,218  

ServiceNow, Inc.*

     3,805        1,477,367  

Splunk, Inc.*

     2,523        217,205  

Synopsys, Inc.*

     2,781        887,945  

Tyler Technologies, Inc.*

     724        233,425  

VMware, Inc., Class A*

     4,725        580,041  

Workday, Inc., Class A*

     4,314        721,862  

Zoom Video Communications, Inc., Class A*

     3,847        260,596  

Zscaler, Inc.*

     1,647        184,299  
     

 

 

 
Total Software

 

     58,243,934  
Specialty Retail – 2.1%

 

AutoZone, Inc.*

     323        796,576  

Best Buy Co., Inc.

     3,425        274,719  

CarMax, Inc.*

     2,576        156,853  

Home Depot, Inc.

     20,670        6,528,826  

Lowe’s Cos., Inc.

     12,656        2,521,582  

O’Reilly Automotive, Inc.*

     1,181        996,799  

Ross Stores, Inc.

     6,307        732,054  

TJX Cos., Inc.

     23,635        1,881,346  

Tractor Supply Co.

     2,065        464,563  

Ulta Beauty, Inc.*

     1,015        476,106  
     

 

 

 
Total Specialty Retail

 

     14,829,424  
Technology Hardware, Storage & Peripherals – 5.7%

 

Apple, Inc.

     304,310        39,538,998  

Hewlett Packard Enterprise Co.

     25,862        412,757  

HP, Inc.

     17,211        462,460  

NetApp, Inc.

     3,714        223,063  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     40,637,278  
Textiles, Apparel & Luxury Goods – 0.5%

 

Lululemon Athletica, Inc.*

     2,081        666,711  

NIKE, Inc., Class B

     25,771        3,015,465  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     3,682,176  

 

See Notes to Financial Statements.

 

WisdomTree Trust      107  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2022

 

 

 

Investments    Shares      Value  
Tobacco – 0.6%

 

Altria Group, Inc.

     34,048      $ 1,556,334  

Philip Morris International, Inc.

     27,978        2,831,653  
     

 

 

 
Total Tobacco

 

     4,387,987  
Trading Companies & Distributors – 0.2%

 

Fastenal Co.

     11,947        565,332  

United Rentals, Inc.*

     1,311        465,956  

W.W. Grainger, Inc.

     944        525,100  
     

 

 

 
Total Trading Companies & Distributors

 

     1,556,388  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     3,338        508,778  
Wireless Telecommunication Services – 0.3%

 

T-Mobile US, Inc.*

     12,972        1,816,080  
Total United States

 

     638,282,993  

TOTAL COMMON STOCKS

(Cost: $690,933,512)

 

 

     644,251,692  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(b)

     
(Cost: $366,078)      366,078      366,078  

TOTAL INVESTMENTS IN SECURITIES – 90.3%

(Cost: $691,299,590)

 

 

     644,617,770  

Other Assets less Liabilities – 9.7%

 

     69,496,882  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 714,114,652  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $605,203 and the total market value of the collateral held by the Fund was $631,824. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $265,746.

 

(b) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FUTURES CONTRACTS (EXCHANGE-TRADED)  
Long Exposure   Contracts     Expiration
Date
    Notional
Value
    Unrealized
Appreciation/
(Depreciation)
 

2 Year U.S. Treasury Note

    448       3/31/23     $ 91,875,000     $ 97,348  

5 Year U.S. Treasury Note

    843       3/31/23       90,984,727       (1,986

10 Year U.S. Treasury Note

    804       3/22/23       90,286,687       (429,746

U.S. Treasury Long Bond

    717       3/22/23       89,871,469       (1,008,226

Ultra 10 Year U.S. Treasury Note

    758       3/22/23       89,657,188       (794,915
      $ 452,675,071     $ (2,137,525

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

           

Interactive Media & Services

   $ 26,739,245      $      $ 0 *     $ 26,739,245  

Other

     617,512,447                      617,512,447  

Investment of Cash Collateral for Securities Loaned

            366,078               366,078  

Total Investments in Securities

   $ 644,251,692      $ 366,078      $ 0      $ 644,617,770  

Financial Derivative Instruments

           

Futures Contracts1

   $ 97,348      $      $      $ 97,348  

Liabilities:

           

Financial Derivative Instruments

           

Futures Contracts1

   $ (2,234,873    $      $      $ (2,234,873

Total – Net

   $ 642,114,167      $ 366,078      $ 0      $ 642,480,245  
* 

Fair valuations using significant unobservable inputs were determined by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

1 

Amount shown represents the unrealized appreciation (depreciation) on the financial instrument.

 

See Notes to Financial Statements.

 

108   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

Australia – 2.4%

 

IT Services – 0.7%

 

Appen Ltd.

     2,884      $ 4,870  
Software – 1.7%

 

BrainChip Holdings Ltd.*

     24,295        12,274  
Total Australia

 

     17,144  
Canada – 2.6%

 

Machinery – 1.2%

 

ATS Corp.*(a)

     271        8,418  
Software – 1.4%

 

Kinaxis, Inc.*

     87        9,754  
Total Canada

 

     18,172  
China – 3.2%

 

Auto Components – 1.4%

 

Nexteer Automotive Group Ltd.(a)

     15,000        9,821  
Semiconductors & Semiconductor Equipment – 1.8%

 

NXP Semiconductors NV

     83        13,116  
Total China

 

     22,937  
Germany – 2.0%

 

Semiconductors & Semiconductor Equipment – 2.0%

 

Infineon Technologies AG

     463        14,048  
Israel – 3.2%

 

Auto Components – 1.6%

 

Mobileye Global, Inc., Class A*

     310        10,869  
Health Care Equipment & Supplies – 0.6%

 

Nano-X Imaging Ltd.*

     604        4,457  
Technology Hardware, Storage & Peripherals – 1.0%

 

Nano Dimension Ltd., ADR*(a)

     3,073        7,068  
Total Israel

 

     22,394  
Japan – 5.0%

 

Auto Components – 1.4%

 

Denso Corp.

     200        9,907  
Electronic Equipment, Instruments & Components – 1.0%

 

Omron Corp.

     150        7,282  
Machinery – 1.1%

 

FANUC Corp.

     50        7,516  
Software – 1.5%

 

Appier Group, Inc.*

     1,000        10,292  
Total Japan

 

     34,997  
Netherlands – 1.9%

 

Semiconductors & Semiconductor Equipment – 1.9%

 

ASML Holding NV, Registered shares

     25        13,660  
South Korea – 3.5%

 

Semiconductors & Semiconductor Equipment – 1.6%

 

SK Hynix, Inc.

     196        11,625  
Software – 0.1%

 

Alchera, Inc.*

     157        818  
Technology Hardware, Storage & Peripherals – 1.8%

 

Samsung Electronics Co. Ltd.

     289      12,639  
Total South Korea

 

     25,082  
Sweden – 1.1%

 

Electronic Equipment, Instruments & Components – 1.1%

 

Hexagon AB, Class B

     728        7,616  
Switzerland – 1.9%

 

Semiconductors & Semiconductor Equipment – 1.9%

 

STMicroelectronics NV

     380        13,381  
Taiwan – 3.9%

 

Semiconductors & Semiconductor Equipment – 3.9%

 

Alchip Technologies Ltd.

     500        12,819  

Taiwan Semiconductor Manufacturing Co. Ltd., ADR

     194        14,451  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     27,270  
United Kingdom – 1.0%

 

Software – 1.0%

 

Darktrace PLC*(a)

     2,211        6,881  
United States – 68.3%

 

Aerospace & Defense – 1.4%

 

Lockheed Martin Corp.

     21        10,216  
Auto Components – 0.7%

 

Luminar Technologies, Inc.*

     1,033        5,114  
Automobiles – 0.8%

 

Tesla, Inc.*

     46        5,666  
Biotechnology – 2.2%

 

Bioxcel Therapeutics, Inc.*

     496        10,654  

Recursion Pharmaceuticals, Inc., Class A*(a)

     660        5,089  
     

 

 

 
Total Biotechnology

 

     15,743  
Consumer Finance – 0.7%

 

Upstart Holdings, Inc.*

     359        4,746  
Electrical Equipment – 0.8%

 

Stem, Inc.*

     620        5,543  
Electronic Equipment, Instruments & Components – 1.2%

 

Cognex Corp.

     175        8,244  
Insurance – 0.7%

 

Lemonade, Inc.*

     365        4,993  
Interactive Media & Services – 2.3%

 

Alphabet, Inc., Class A*

     85        7,500  

Meta Platforms, Inc., Class A*

     74        8,905  
     

 

 

 
Total Interactive Media & Services

 

     16,405  
Internet & Direct Marketing Retail – 1.0%

 

Amazon.com, Inc.*

     80        6,720  
IT Services – 3.6%

 

Grid Dynamics Holdings, Inc.*

     789        8,853  

Snowflake, Inc., Class A*

     53        7,608  

Twilio, Inc., Class A*

     189        9,253  
     

 

 

 
Total IT Services

 

     25,714  
Life Sciences Tools & Services – 1.0%

 

Illumina, Inc.*

     34        6,875  

 

See Notes to Financial Statements.

 

WisdomTree Trust      109  


Schedule of Investments (unaudited) (continued)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

December 31, 2022

 

 

 

Investments    Shares      Value  
Machinery – 1.5%

 

Deere & Co.

     24      $ 10,290  
Semiconductors & Semiconductor Equipment – 22.6%

 

Advanced Micro Devices, Inc.*

     194        12,565  

Ambarella, Inc.*

     218        17,926  

Analog Devices, Inc.

     86        14,107  

Ceva, Inc.*

     219        5,602  

GLOBALFOUNDRIES, Inc.*

     215        11,586  

Lattice Semiconductor Corp.*

     217        14,079  

Micron Technology, Inc.

     225        11,246  

NVIDIA Corp.

     86        12,568  

ON Semiconductor Corp.*

     188        11,726  

QUALCOMM, Inc.

     115        12,643  

Synaptics, Inc.*

     132        12,561  

Teradyne, Inc.

     146        12,753  

Wolfspeed, Inc.*

     152        10,494  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     159,856  
Software – 26.0%

 

Alteryx, Inc., Class A*

     221        11,198  

ANSYS, Inc.*

     41        9,905  

Appian Corp., Class A*

     261        8,498  

Autodesk, Inc.*

     36        6,727  

C3.ai, Inc., Class A*(a)

     698        7,811  

Cadence Design Systems, Inc.*

     84        13,494  

Cerence, Inc.*

     575        10,655  

Crowdstrike Holdings, Inc., Class A*

     72        7,581  

CS Disco, Inc.*

     805        5,088  

Dynatrace, Inc.*

     273        10,456  

Elastic NV*

     160        8,240  

Microsoft Corp.

     32        7,674  

Procore Technologies, Inc.*

     142        6,699  

PROS Holdings, Inc.*

     373        9,049  

PTC, Inc.*

     63      7,562  

SentinelOne, Inc., Class A*

     557        8,127  

ServiceNow, Inc.*

     26        10,095  

Synopsys, Inc.*

     42        13,410  

UiPath, Inc., Class A*

     831        10,562  

Unity Software, Inc.*

     254        7,262  

Veritone, Inc.*

     586        3,106  
     

 

 

 
Total Software

 

     183,199  
Technology Hardware, Storage & Peripherals – 1.8%

 

Apple, Inc.

     56        7,276  

IonQ, Inc.*

     1,558        5,375  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     12,651  
Total United States

 

     481,975  

TOTAL COMMON STOCKS

(Cost: $1,039,698)

 

 

     705,557  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.9%

 

United States – 1.9%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(b)

     
(Cost: $13,843)      13,843        13,843  

TOTAL INVESTMENTS IN SECURITIES – 101.9%

(Cost: $1,053,541)

 

 

     719,400  

Other Assets less Liabilities – (1.9)%

 

     (13,513
     

 

 

 
NET ASSETS – 100.0%

 

   $ 705,887  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $41,815 and the total market value of the collateral held by the Fund was $44,026. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $30,183.

 

(b)

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
    Amount and
Description of
Currency to be
Purchased
    Amount and
Description of
Currency to
be Sold
    Unrealized
Appreciation
    Unrealized
Depreciation
 

Goldman Sachs

    1/4/2023       14       USD       20       AUD     $ 0 ^    $  

Goldman Sachs

    1/4/2023       32       USD       30       EUR       0 ^       

Goldman Sachs

    1/4/2023       24       USD       20       GBP       0 ^       

Morgan Stanley & Co. International

    1/4/2023       24       USD       190       HKD       0 ^       
                                            $ 0 ^    $  
^

Amount represents less than $1.

 

See Notes to Financial Statements.

 

110   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

December 31, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

  

Investments in Securities

     

Common Stocks

   $ 705,557      $      $      $ 705,557  

Investment of Cash Collateral for Securities Loaned

            13,843               13,843  

Total Investments in Securities

   $ 705,557      $ 13,843      $      $ 719,400  

Financial Derivative Instruments

     

Foreign Currency Contracts1

   $      $ 0 ^     $      $ 0  

Total – Net

   $ 705,557      $ 13,843      $      $ 719,400  
^ 

Amount represents less than $1.

 

See Notes to Financial Statements.

 

WisdomTree Trust      111  


Schedule of Investments (unaudited)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

Australia – 4.4%

 

Metals & Mining – 4.4%

 

Allkem Ltd.*

     6,130      $ 46,726  

IGO Ltd.

     2,219        20,255  

Mincor Resources NL*

     22,221        22,679  

Mineral Resources Ltd.

     819        42,877  

Pilbara Minerals Ltd.*

     18,652        47,433  

Syrah Resources Ltd.*

     23,328        32,589  
     

 

 

 
Total Metals & Mining

 

     212,559  
Belgium – 3.8%

 

Chemicals – 3.8%

 

Umicore SA

     5,014        183,653  
Canada – 3.4%

 

Commercial Services & Supplies – 1.8%

 

Li-Cycle Holdings Corp.*(a)

     17,847        84,952  
Electrical Equipment – 1.6%

 

Ballard Power Systems, Inc.*(a)

     16,594        79,485  
Total Canada

 

     164,437  
Chile – 0.7%

 

Chemicals – 0.7%

 

Sociedad Quimica y Minera de Chile SA, ADR

     397        31,697  
China – 26.2%

 

Auto Components – 0.6%

 

Tianneng Power International Ltd.

     28,000        29,561  
Chemicals – 6.6%

 

Do-Fluoride New Materials Co. Ltd., Class A

     4,200        20,227  

Guangzhou Tinci Materials Technology Co. Ltd., Class A

     4,500        28,527  

Ningbo Shanshan Co. Ltd., Class A

     8,800        23,148  

Shanghai Putailai New Energy Technology Co. Ltd., Class A

     8,800        65,998  

Shenzhen Capchem Technology Co. Ltd., Class A

     5,240        32,922  

Shenzhen Dynanonic Co. Ltd., Class A

     600        19,910  

Shinghwa Advanced Material Group Co. Ltd., Class A

     700        9,338  

Sichuan Yahua Industrial Group Co. Ltd., Class A

     7,600        25,539  

Tianqi Lithium Corp., Class A*

     3,100        35,392  

Yunnan Energy New Material Co. Ltd., Class A

     1,600        30,361  

Zangge Mining Co. Ltd., Class A

     6,900        25,899  
     

 

 

 
Total Chemicals

 

     317,261  
Construction & Engineering – 0.3%

 

China Energy Engineering Corp. Ltd., Class H

     126,000        14,691  
Electrical Equipment – 11.6%

 

Beijing Easpring Material Technology Co. Ltd., Class A

     2,800        22,825  

Camel Group Co. Ltd., Class A

     40,000        47,175  

Contemporary Amperex Technology Co. Ltd., Class A

     1,300        73,921  

East Group Co. Ltd., Class A

     12,900        12,734  

Eve Energy Co. Ltd., Class A

     2,700        34,302  

Fangda Carbon New Material Co. Ltd., Class A*

     8,800        7,784  

Gotion High-tech Co. Ltd., Class A

     15,000        62,503  

Guangzhou Great Power Energy & Technology Co. Ltd., Class A

     3,500        39,452  

Jiangxi Special Electric Motor Co. Ltd., Class A*

     4,600      11,602  

NARI Technology Co. Ltd., Class A

     12,220        43,095  

Ningbo Ronbay New Energy Technology Co. Ltd., Class A

     5,362        53,280  

Qingdao TGOOD Electric Co. Ltd., Class A

     40,500        89,033  

Sungrow Power Supply Co. Ltd., Class A

     2,900        46,860  

Zhejiang Narada Power Source Co. Ltd., Class A*

     4,800        14,777  
     

 

 

 
Total Electrical Equipment

 

     559,343  
Electronic Equipment, Instruments & Components – 0.2%

 

Shenzhen Deren Electronic Co. Ltd., Class A*

     6,000        7,475  
Energy Equipment & Services – 0.2%

 

Cangzhou Mingzhu Plastic Co. Ltd., Class A

     18,400        12,260  
Industrial Conglomerates – 0.9%

 

China Baoan Group Co. Ltd., Class A

     23,900        41,763  
Metals & Mining – 5.4%

 

CMOC Group Ltd., Class H

     21,000        9,686  

Ganfeng Lithium Group Co. Ltd., Class A

     3,600        36,167  

GEM Co. Ltd., Class A

     126,000        135,309  

Jinchuan Group International Resources Co. Ltd.

     123,000        8,825  

Nanjing Hanrui Cobalt Co. Ltd., Class A

     2,500        14,471  

Tibet Mineral Development Co., Class A*

     4,600        25,670  

Xiamen Tungsten Co. Ltd., Class A

     4,800        13,563  

Zhejiang Huayou Cobalt Co. Ltd., Class A

     1,800        14,473  
     

 

 

 
Total Metals & Mining

 

     258,164  
Pharmaceuticals – 0.2%

 

Zhejiang NHU Co. Ltd., Class A

     2,980        8,076  
Semiconductors & Semiconductor Equipment – 0.2%

 

NXP Semiconductors NV

     75        11,852  
Total China

 

     1,260,446  
Finland – 1.1%

 

Machinery – 1.1%

 

Wartsila Oyj Abp

     6,442        54,094  
France – 3.1%

 

Aerospace & Defense – 0.9%

 

Airbus SE

     371        43,958  
Automobiles – 0.5%

 

Renault SA*

     700        23,365  
Electric Utilities – 1.0%

 

Electricite de France SA

     3,677        47,091  
Metals & Mining – 0.4%

 

Eramet SA

     202        18,077  
Multi-Utilities – 0.3%

 

Engie SA

     1,251        17,875  
Total France

 

     150,366  
Germany – 8.8%

 

Automobiles – 1.6%

 

Bayerische Motoren Werke AG

     752        66,918  

Mercedes-Benz Group AG, Registered Shares

     160        10,485  
     

 

 

 
Total Automobiles

 

     77,403  

 

See Notes to Financial Statements.

 

112   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

December 31, 2022

 

 

 

Investments    Shares      Value  
Chemicals – 2.8%

 

BASF SE

     2,724      $ 134,864  
Industrial Conglomerates – 1.0%

 

Siemens AG, Registered Shares

     339        46,903  
Multi-Utilities – 1.4%

 

E.ON SE

     6,983        69,563  
Semiconductors & Semiconductor Equipment – 2.0%

 

Infineon Technologies AG

     428        12,986  

SMA Solar Technology AG*

     1,179        84,117  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     97,103  
Total Germany

 

     425,836  
Indonesia – 2.5%

 

Metals & Mining – 2.5%

 

Aneka Tambang Tbk

     118,600        15,123  

Nickel Industries Ltd.

     41,390        27,227  

Vale Indonesia Tbk PT*

     174,600        79,631  
     

 

 

 
Total Metals & Mining

 

     121,981  
Japan – 13.3%

 

Auto Components – 0.2%

 

Denso Corp.

     200        9,907  
Automobiles – 1.6%

 

Honda Motor Co. Ltd., ADR

     434        9,921  

Nissan Motor Co. Ltd.

     17,700        56,087  

Toyota Motor Corp.

     700        9,616  
     

 

 

 
Total Automobiles

 

     75,624  
Building Products – 0.3%

 

Central Glass Co. Ltd.

     600        12,778  
Chemicals – 2.9%

 

Asahi Kasei Corp.

     5,400        38,528  

Showa Denko KK

     1,700        26,026  

Tanaka Chemical Corp.*(a)

     2,900        31,078  

W-Scope Corp.*

     4,400        44,252  
     

 

 

 
Total Chemicals

 

     139,884  
Electrical Equipment – 1.4%

 

Fuji Electric Co. Ltd.

     600        22,873  

Fujikura Ltd.

     1,600        12,175  

GS Yuasa Corp.

     1,900        30,528  
     

 

 

 
Total Electrical Equipment

 

     65,576  
Electronic Equipment, Instruments & Components – 3.7%

 

Iriso Electronics Co. Ltd.

     400        12,824  

TDK Corp.

     5,100        167,558  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     180,382  
Household Durables – 0.4%

 

Panasonic Holdings Corp.

     1,500        12,625  

Sony Group Corp.

     100        7,605  
     

 

 

 
Total Household Durables

 

     20,230  
Machinery – 0.7%

 

Mitsubishi Heavy Industries Ltd.

     900        35,701  
Metals & Mining – 0.7%

 

Nippon Denko Co. Ltd.(a)

     9,600      25,611  

Sumitomo Metal Mining Co. Ltd.

     300        10,620  
     

 

 

 
Total Metals & Mining

 

     36,231  
Oil, Gas & Consumable Fuels – 1.4%

 

Iwatani Corp.

     1,500        65,823  
Total Japan

 

     642,136  
Netherlands – 1.4%

 

Electrical Equipment – 1.4%

 

Alfen Beheer BV*(b)

     731        65,689  
Russia – 0.0%

 

Metals & Mining – 0.0%

 

MMC Norilsk Nickel PJSC, ADR

     36        0  
South Korea – 5.8%

 

Automobiles – 0.2%

 

Hyundai Motor Co.

     81        9,673  
Chemicals – 1.5%

 

LG Chem Ltd.

     92        43,654  

Soulbrain Co. Ltd.

     181        31,190  
     

 

 

 
Total Chemicals

 

     74,844  
Construction Materials – 0.9%

 

POSCO Chemical Co. Ltd.

     293        41,708  
Electrical Equipment – 2.0%

 

Ecopro BM Co. Ltd.

     441        32,120  

Hyundai Electric & Energy System Co. Ltd.

     441        14,822  

LG Energy Solution Ltd.*

     93        32,030  

LS Electric Co. Ltd.

     367        16,369  
     

 

 

 
Total Electrical Equipment

 

     95,341  
Electronic Equipment, Instruments & Components – 0.9%

 

Samsung SDI Co. Ltd.

     93        43,466  
Oil, Gas & Consumable Fuels – 0.3%

 

SK Innovation Co. Ltd.*

     125        15,223  
Total South Korea

 

     280,255  
Taiwan – 1.0%

 

Electronic Equipment, Instruments & Components – 1.0%

 

Simplo Technology Co. Ltd.

     5,000        46,363  
United Kingdom – 2.7%

 

Aerospace & Defense – 2.0%

 

Rolls-Royce Holdings PLC*

     83,288        93,374  
Chemicals – 0.7%

 

Johnson Matthey PLC

     1,335        34,157  
Total United Kingdom

 

     127,531  
United States – 21.6%

 

Aerospace & Defense – 2.2%

 

Boeing Co.*

     367        69,910  

Lockheed Martin Corp.

     74        36,000  
     

 

 

 
Total Aerospace & Defense

 

     105,910  

 

See Notes to Financial Statements.

 

WisdomTree Trust      113  


Schedule of Investments (unaudited) (concluded)

WisdomTree Battery Value Chain and Innovation Fund (WBAT)

December 31, 2022

 

 

 

Investments    Shares      Value  
Auto Components – 4.3%

 

Aptiv PLC*

     117      $ 10,896  

QuantumScape Corp.*(a)

     25,040        141,977  

Solid Power, Inc.*

     21,246        53,965  
     

 

 

 
Total Auto Components

 

     206,838  
Automobiles – 0.8%

 

General Motors Co.

     571        19,209  

Tesla, Inc.*

     157        19,339  
     

 

 

 
Total Automobiles

 

     38,548  
Chemicals – 1.8%

 

Albemarle Corp.

     206        44,673  

Livent Corp.*

     2,068        41,091  
     

 

 

 
Total Chemicals

 

     85,764  
Construction & Engineering – 0.5%

 

Primoris Services Corp.

     965        21,172  
Electrical Equipment – 9.0%

 

Blink Charging Co.*

     12,676        139,056  

Bloom Energy Corp., Class A*

     4,792        91,623  

EnerSys

     1,511        111,572  

FuelCell Energy, Inc.*(a)

     28,714        79,825  

GrafTech International Ltd.

     2,588        12,319  
     

 

 

 
Total Electrical Equipment

 

     434,395  
Electronic Equipment, Instruments & Components – 0.5%

 

Amphenol Corp., Class A

     159        12,106  

Belden, Inc.

     161        11,576  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     23,682  
Independent Power & Renewable Electricity Producers – 0.3%

 

AES Corp.

     513        14,754  
Industrial Conglomerates – 0.5%

 

General Electric Co.

     272        22,791  
Machinery – 0.9%

 

Caterpillar, Inc.

     136        32,580  

ITT, Inc.

     152      12,327  
     

 

 

 
Total Machinery

 

     44,907  
Metals & Mining – 0.2%

 

Steel Dynamics, Inc.

     110        10,747  
Semiconductors & Semiconductor Equipment – 0.6%

 

QUALCOMM, Inc.

     161        17,700  

Texas Instruments, Inc.

     72        11,896  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     29,596  
Total United States

 

     1,039,104  
TOTAL COMMON STOCKS
(Cost: $5,269,980)

 

     4,806,147  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.9%

 

United States – 3.9%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(c)

     
(Cost: $188,503)      188,503        188,503  

TOTAL INVESTMENTS IN SECURITIES – 103.7%

(Cost: $5,458,483)

        4,994,650  

Other Assets less Liabilities – (3.7)%

 

     (179,772
     

 

 

 
NET ASSETS – 100.0%

 

   $ 4,814,878  
* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $274,885 and the total market value of the collateral held by the Fund was $288,896. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $100,393.

 

(b) 

This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers.

 

(c) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

        

Investments in Securities

           

Common Stocks

           

Metals & Mining

   $ 657,759      $      $ 0 *     $ 657,759  

Other

     4,148,388                      4,148,388  

Investment of Cash Collateral for Securities Loaned

            188,503               188,503  

Total Investments in Securities

   $ 4,806,147      $ 188,503      $ 0      $ 4,994,650  
* 

Fair valuations using significant unobservable inputs were determined by a valuation committee of WisdomTree Asset Management, Inc. in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust.

 

See Notes to Financial Statements.

 

114   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree BioRevolution Fund (WDNA)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

Australia – 1.2%

 

Chemicals – 1.2%

 

Nufarm Ltd.

     12,522      $ 52,055  
Canada – 0.7%

 

Chemicals – 0.7%

 

Nutrien Ltd.

     398        29,066  
Denmark – 3.5%

 

Biotechnology – 1.3%

 

Genmab A/S, ADR*

     1,256        53,229  
Chemicals – 2.2%

 

Chr Hansen Holding A/S

     536        38,440  

Novozymes A/S, Class B

     1,103        55,705  
     

 

 

 
Total Chemicals

 

     94,145  
Total Denmark

 

     147,374  
Germany – 4.8%

 

Biotechnology – 1.4%

 

BioNTech SE, ADR

     329        49,423  

CureVac NV*

     1,477        8,906  
     

 

 

 
Total Biotechnology

 

     58,329  
Life Sciences Tools & Services – 0.6%

 

Evotec SE*

     1,446        23,550  
Oil, Gas & Consumable Fuels – 1.8%

 

CropEnergies AG

     1,029        14,298  

VERBIO Vereinigte BioEnergie AG

     943        60,989  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     75,287  
Pharmaceuticals – 1.0%

 

Bayer AG, Registered Shares

     796        41,053  
Total Germany

 

     198,219  
Japan – 2.6%

 

Biotechnology – 0.9%

 

Takara Bio, Inc.

     2,700        35,258  
Pharmaceuticals – 1.7%

 

Takeda Pharmaceutical Co. Ltd.

     2,300        71,661  
Total Japan

 

     106,919  
Netherlands – 2.3%

 

Biotechnology – 0.6%

 

uniQure NV*

     1,185        26,864  
Life Sciences Tools & Services – 1.7%

 

QIAGEN NV*

     1,392        69,419  
Total Netherlands

 

     96,283  
Sweden – 0.7%

 

Biotechnology – 0.7%

 

Vitrolife AB

     1,525        27,252  
Switzerland – 1.7%

 

Biotechnology – 0.4%

 

CRISPR Therapeutics AG*(a)

     402        16,341  
Pharmaceuticals – 1.3%

 

Novartis AG, Registered Shares

     617      55,745  
Total Switzerland

 

     72,086  
United Kingdom – 4.3%

 

Biotechnology – 0.9%

 

Genus PLC

     1,093        39,233  
Life Sciences Tools & Services – 0.3%

 

Oxford Nanopore Technologies PLC*

     4,189        12,421  
Pharmaceuticals – 3.1%

 

AstraZeneca PLC, ADR

     1,898        128,684  
Total United Kingdom

 

     180,338  
United States – 78.0%

 

Biotechnology – 36.7%

 

2seventy bio, Inc.*

     831        7,786  

Agenus, Inc.*

     13,594        32,626  

Agios Pharmaceuticals, Inc.*

     1,135        31,871  

Allogene Therapeutics, Inc.*

     3,689        23,204  

Alnylam Pharmaceuticals, Inc.*

     380        90,307  

Amgen, Inc.

     274        71,963  

Amicus Therapeutics, Inc.*

     4,473        54,615  

Arcturus Therapeutics Holdings, Inc.*

     1,272        21,573  

Arrowhead Pharmaceuticals, Inc.*

     549        22,267  

Beam Therapeutics, Inc.*

     565        22,097  

Biogen, Inc.*

     266        73,661  

BioMarin Pharmaceutical, Inc.*

     643        66,544  

Blueprint Medicines Corp.*

     861        37,720  

Bridgebio Pharma, Inc.*

     1,185        9,030  

Caribou Biosciences, Inc.*

     4,322        27,142  

Editas Medicine, Inc.*

     1,081        9,589  

Exact Sciences Corp.*

     413        20,448  

Fate Therapeutics, Inc.*

     569        5,741  

Geron Corp.*

     14,155        34,255  

Gilead Sciences, Inc.

     1,061        91,087  

Gossamer Bio, Inc.*

     3,118        6,766  

Inovio Pharmaceuticals, Inc.*

     9,824        15,325  

Intellia Therapeutics, Inc.*

     295        10,293  

Ionis Pharmaceuticals, Inc.*

     854        32,256  

Iovance Biotherapeutics, Inc.*

     1,363        8,710  

Mirati Therapeutics, Inc.*

     229        10,376  

Moderna, Inc.*

     228        40,953  

Myriad Genetics, Inc.*

     1,944        28,207  

Natera, Inc.*

     540        21,692  

Novavax, Inc.*(a)

     508        5,222  

Precigen, Inc.*

     6,564        9,977  

Regeneron Pharmaceuticals, Inc.*

     112        80,807  

REGENXBIO, Inc.*

     2,453        55,634  

Sangamo Therapeutics, Inc.*

     5,303        16,651  

Sarepta Therapeutics, Inc.*

     698        90,447  

Seagen, Inc.*

     402        51,661  

Stoke Therapeutics, Inc.*

     2,158        19,918  

Twist Bioscience Corp.*

     1,412        33,620  

Ultragenyx Pharmaceutical, Inc.*

     563        26,084  

 

See Notes to Financial Statements.

 

WisdomTree Trust      115  


Schedule of Investments (unaudited) (concluded)

WisdomTree BioRevolution Fund (WDNA)

December 31, 2022

 

 

 

Investments    Shares      Value  

United Therapeutics Corp.*

     72      $ 20,023  

Veracyte, Inc.*

     1,816        43,094  

Vericel Corp.*

     782        20,598  

Vertex Pharmaceuticals, Inc.*

     334        96,453  

Verve Therapeutics, Inc.*

     1,764        34,133  
     

 

 

 
Total Biotechnology

 

     1,532,426  
Chemicals – 8.0%

 

Amyris, Inc.*

     16,658        25,487  

Corteva, Inc.

     1,348        79,235  

Dow, Inc.

     1,027        51,750  

DuPont de Nemours, Inc.

     622        42,688  

FMC Corp.

     584        72,883  

Ginkgo Bioworks Holdings, Inc.*

     15,607        26,376  

Origin Materials, Inc.*

     8,085        37,272  
     

 

 

 
Total Chemicals

 

     335,691  
Food Products – 5.6%

 

Archer-Daniels-Midland Co.

     995        92,386  

Benson Hill, Inc.*

     7,716        19,676  

Beyond Meat, Inc.*(a)

     1,956        24,078  

Darling Ingredients, Inc.*

     865        54,140  

Tyson Foods, Inc., Class A

     703        43,762  
     

 

 

 
Total Food Products

 

     234,042  
Health Care Providers & Services – 1.7%

 

Invitae Corp.*

     5,360        9,969  

Laboratory Corp. of America Holdings

     260        61,225  
     

 

 

 
Total Health Care Providers & Services

 

     71,194  
Life Sciences Tools & Services – 14.0%

 

10X Genomics, Inc., Class A*

     471        17,163  

Agilent Technologies, Inc.

     532        79,614  

Bio-Rad Laboratories, Inc., Class A*

     94        39,526  

Bio-Techne Corp.

     652        54,038  

Codexis, Inc.*

     2,411        11,235  

Danaher Corp.

     295        78,299  

Illumina, Inc.*

     172        34,778  

NanoString Technologies, Inc.*

     1,101        8,775  

NeoGenomics, Inc.*

     2,056      18,997  

Pacific Biosciences of California, Inc.*(a)

     1,977        16,172  

PerkinElmer, Inc.

     558        78,243  

Repligen Corp.*

     363        61,460  

Thermo Fisher Scientific, Inc.

     153        84,256  
     

 

 

 
Total Life Sciences Tools & Services

 

     582,556  
Oil, Gas & Consumable Fuels – 1.4%

 

Green Plains, Inc.*

     1,863        56,822  
Pharmaceuticals – 10.6%

 

Catalent, Inc.*

     655        29,481  

Eli Lilly & Co.

     243        88,899  

Johnson & Johnson

     435        76,843  

Merck & Co., Inc.

     826        91,645  

Pfizer, Inc.

     1,891        96,895  

Zoetis, Inc.

     411        60,232  
     

 

 

 
Total Pharmaceuticals

 

     443,995  
Total United States

 

     3,256,726  

TOTAL COMMON STOCKS

(Cost: $5,078,796)

 

 

     4,166,318  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6%

 

United States – 0.6%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(b)

 

  
(Cost: $26,262)      26,262        26,262  

TOTAL INVESTMENTS IN SECURITIES – 100.4%

(Cost: $5,105,058)

 

 

     4,192,580  

Other Assets less Liabilities – (0.4)%

 

     (18,397
     

 

 

 
NET ASSETS – 100.0%

 

   $ 4,174,183  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $54,634 and the total market value of the collateral held by the Fund was $56,246. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $29,984.

 

(b)

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 4,166,318      $      $      $ 4,166,318  

Investment of Cash Collateral for Securities Loaned

            26,262               26,262  

Total Investments in Securities

   $ 4,166,318      $ 26,262      $      $ 4,192,580  

 

See Notes to Financial Statements.

 

116   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Cloud Computing Fund (WCLD)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

Canada – 1.7%

 

IT Services – 1.7%

 

Shopify, Inc., Class A*

     278,128      $ 9,653,823  
Israel – 3.4%

 

IT Services – 1.9%

 

Wix.com Ltd.*

     137,458        10,560,898  
Software – 1.5%

 

JFrog Ltd.*

     411,158        8,770,000  
Total Israel

 

     19,330,898  
United States – 94.8%

 

Diversified Consumer Services – 1.4%

 

2U, Inc.*

     1,259,923        7,899,717  
Health Care Technology – 2.1%

 

Definitive Healthcare Corp.*(a)

     458,550        5,039,464  

Veeva Systems, Inc., Class A*

     43,420        7,007,120  
     

 

 

 
Total Health Care Technology

 

     12,046,584  
Interactive Media & Services – 1.9%

 

Vimeo, Inc.*

     1,462,175        5,015,260  

ZoomInfo Technologies, Inc.*

     194,630        5,860,310  
     

 

 

 
Total Interactive Media & Services

 

     10,875,570  
IT Services – 16.9%

 

AvidXchange Holdings, Inc.*

     1,127,442        11,206,773  

BigCommerce Holdings, Inc., Series 1*

     518,021        4,527,503  

Block, Inc.*

     128,352        8,065,640  

Cloudflare, Inc., Class A*

     139,141        6,290,565  

DigitalOcean Holdings, Inc.*(a)

     218,805        5,572,963  

Fastly, Inc., Class A*

     920,689        7,540,443  

MongoDB, Inc.*

     28,146        5,540,259  

Okta, Inc.*

     99,820        6,820,701  

PayPal Holdings, Inc.*

     99,071        7,055,837  

Snowflake, Inc., Class A*

     61,899        8,884,982  

Squarespace, Inc., Class A*

     454,993        10,087,195  

Toast, Inc., Class A*(a)

     520,785        9,389,754  

Twilio, Inc., Class A*

     125,122        6,125,973  
     

 

 

 
Total IT Services

 

     97,108,588  
Software – 72.5%

 

Adobe, Inc.*

     22,652        7,623,078  

Amplitude, Inc., Class A*(a)

     596,122        7,201,154  

Appfolio, Inc., Class A*

     89,132        9,392,730  

Asana, Inc., Class A*(a)

     433,503        5,969,336  

Atlassian Corp. Ltd., Class A*

     35,494        4,567,368  

Bill.com Holdings, Inc.*

     54,342        5,921,104  

Blackline, Inc.*

     134,577        9,052,995  

Blend Labs, Inc., Class A*(a)

     3,096,976        4,459,645  

Box, Inc., Class A*

     315,507        9,821,733  

Braze, Inc., Class A*

     200,319        5,464,702  

C3.ai, Inc., Class A*(a)

     481,670        5,389,887  

Clearwater Analytics Holdings, Inc., Class A*

     615,922        11,548,538  

Confluent, Inc., Class A*

     330,798        7,356,948  

Coupa Software, Inc.*

     141,255        11,183,158  

Crowdstrike Holdings, Inc., Class A*

     50,072      5,272,081  

CS Disco, Inc.*(a)

     690,430        4,363,518  

Datadog, Inc., Class A*

     90,637        6,661,820  

DocuSign, Inc.*

     145,169        8,045,266  

Domo, Inc., Class B*

     338,248        4,816,652  

Dropbox, Inc., Class A*

     407,126        9,111,480  

Elastic NV*

     118,957        6,126,286  

Everbridge, Inc.*

     278,511        8,238,355  

Five9, Inc.*

     86,560        5,873,962  

Freshworks, Inc., Class A*(a)

     663,019        9,753,010  

Gitlab, Inc., Class A*(a)

     156,860        7,127,718  

HubSpot, Inc.*

     26,948        7,791,475  

Momentive Global, Inc.*

     1,294,118        9,058,826  

Monday.com Ltd.*

     75,643        9,228,446  

nCino, Inc.*

     286,303        7,569,851  

New Relic, Inc.*

     150,707        8,507,410  

Olo, Inc., Class A*

     1,270,817        7,942,606  

PagerDuty, Inc.*(a)

     370,604        9,843,242  

Paycom Software, Inc.*

     25,383        7,876,599  

Paylocity Holding Corp.*

     35,896        6,973,157  

Procore Technologies, Inc.*

     162,175        7,651,417  

Q2 Holdings, Inc.*

     219,169        5,889,071  

Qualtrics International, Inc., Class A*

     760,523        7,894,229  

Qualys, Inc.*

     62,322        6,994,398  

RingCentral, Inc., Class A*

     208,871        7,394,033  

Salesforce, Inc.*

     51,758        6,862,593  

SentinelOne, Inc., Class A*

     360,761        5,263,503  

ServiceNow, Inc.*

     19,990        7,761,517  

Smartsheet, Inc., Class A*

     273,222        10,754,018  

Sprinklr, Inc., Class A*

     815,427        6,662,039  

Sprout Social, Inc., Class A*

     158,418        8,944,280  

Sumo Logic, Inc.*

     1,177,541        9,538,082  

Tenable Holdings, Inc.*

     230,786        8,804,486  

UiPath, Inc., Class A*

     534,633        6,795,185  

Workday, Inc., Class A*

     56,562        9,464,519  

Workiva, Inc.*(a)

     135,187        11,351,652  

Yext, Inc.*

     2,062,689        13,469,359  

Zoom Video Communications, Inc., Class A*

     95,564        6,473,505  

Zscaler, Inc.*

     57,562        6,441,188  

Zuora, Inc., Class A*

     1,037,005        6,595,352  
     

 

 

 
Total Software

 

     416,138,562  
Total United States

 

     544,069,021  
TOTAL COMMON STOCKS
(Cost: $1,072,552,354)

 

     573,053,742  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.2%

 

United States – 2.2%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 4.34%(b)

 

  
(Cost: $12,590,254)      12,590,254        12,590,254  
TOTAL INVESTMENTS IN SECURITIES – 102.1%
(Cost: $1,085,142,608)

 

     585,643,996  

Other Assets less Liabilities – (2.1)%

 

     (11,981,994
     

 

 

 
NET ASSETS – 100.0%

 

   $ 573,662,002  

 

See Notes to Financial Statements.

 

WisdomTree Trust      117  


Schedule of Investments (unaudited) (concluded)

WisdomTree Cloud Computing Fund (WCLD)

December 31, 2022

 

 

 

* 

Non-income producing security.

(a) 

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $38,618,121 and the total market value of the collateral held by the Fund was $39,677,668. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $27,087,414.

(b) 

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets
(Level 1)

     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

 

     

Investments in Securities

  

Common Stocks

   $ 573,053,742      $      $      $ 573,053,742  

Investment of Cash Collateral for Securities Loaned

            12,590,254               12,590,254  

Total Investments in Securities

   $ 573,053,742      $ 12,590,254      $      $ 585,643,996  

 

See Notes to Financial Statements.

 

118   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Cybersecurity Fund (WCBR)

December 31, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

Canada – 0.4%

 

Software – 0.4%

 

Absolute Software Corp.(a)

     9,178      $ 95,780  
Israel – 1.3%

 

Communications Equipment – 1.3%

 

Radware Ltd.*

     17,036        336,461  
Japan – 4.4%

 

Software – 4.4%

 

Trend Micro, Inc.(a)

     24,300        1,130,789  
South Korea – 2.8%

 

Software – 2.8%

 

Ahnlab, Inc.*

     13,603        717,533  
United Kingdom – 4.5%

 

Software – 4.5%

 

Darktrace PLC*(a)

     375,791        1,169,425  
United States – 86.5%

 

IT Services – 21.5%

 

Akamai Technologies, Inc.*

     15,855        1,336,576  

Cloudflare, Inc., Class A*

     26,417        1,194,313  

Fastly, Inc., Class A*

     148,380        1,215,232  

Okta, Inc.*

     26,878        1,836,574  
     

 

 

 
Total IT Services

 

     5,582,695  
Software – 65.0%

 

Crowdstrike Holdings, Inc., Class A*

     9,112        959,402  

CyberArk Software Ltd.*

     7,099        920,385  

Datadog, Inc., Class A*

     17,298        1,271,403  

Elastic NV*

     19,314        994,671  

ForgeRock, Inc., Class A*(a)

     38,128        868,175  

Fortinet, Inc.*

     32,457        1,586,823  

HashiCorp, Inc., Class A*(a)

     47,320      1,293,729  

Palo Alto Networks, Inc.*

     9,239        1,289,210  

Qualys, Inc.*

     9,090        1,020,171  

Rapid7, Inc.*

     30,101        1,022,832  

SentinelOne, Inc., Class A*

     61,995        904,507  

Splunk, Inc.*

     11,537        993,220  

Sumo Logic, Inc.*

     79,389        643,051  

Tenable Holdings, Inc.*

     34,856        1,329,756  

Varonis Systems, Inc.*

     36,525        874,409  

Zscaler, Inc.*

     7,728        864,763  
     

 

 

 
Total Software

 

     16,836,507  
Total United States

 

     22,419,202  

TOTAL COMMON STOCKS

(Cost: $44,701,894)

 

 

     25,869,190  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 12.5%

 

United States – 12.5%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 4.34%(b)

     
(Cost: $3,242,345)      3,242,345        3,242,345  

TOTAL INVESTMENTS IN SECURITIES – 112.4%

(Cost: $47,944,239)

 

 

     29,111,535  

Other Assets less Liabilities – (12.4)%

 

     (3,200,995
     

 

 

 
NET ASSETS – 100.0%

 

   $ 25,910,540  
* 

Non-income producing security.

 

(a)

Security, or portion thereof, was on loan at December 31, 2022 (See Note 2). At December 31, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $3,465,200 and the total market value of the collateral held by the Fund was $3,625,589. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $383,244.

 

(b)

Rate shown represents annualized 7-day yield as of December 31, 2022.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

      Quoted
Prices in
Active
Markets
(Level 1)
     Other
Significant
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Total  

Assets:

           

Investments in Securities

           

Common Stocks

   $ 25,869,190      $      $      $ 25,869,190  

Investment of Cash Collateral for Securities Loaned

            3,242,345               3,242,345  

Total Investments in Securities

   $ 25,869,190      $ 3,242,345      $      $ 29,111,535  

 

See Notes to Financial Statements.

 

WisdomTree Trust      119  


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

December 31, 2022

 

 

 

      WisdomTree
Dynamic
Currency
Hedged
International
Equity Fund
     WisdomTree
Dynamic
Currency
Hedged
International
SmallCap
Equity Fund
     WisdomTree
Emerging
Markets ESG
Fund
     WisdomTree
Emerging
Markets
ex-China Fund
     WisdomTree
International
ESG Fund
 

ASSETS:

 

Investments, at cost

   $ 214,208,455      $ 120,784,645      $ 23,421,170      $ 14,097,212      $ 7,560,278  

Foreign currency, at cost

     100,612        201,700        6,408        7,578        5,863  

Foreign currency (restricted), at cost (Note 2)

                   12,474                

Investments in securities, at value1,2 (Note 2)

     229,208,761        125,820,959        24,934,866        14,768,721        7,688,540  

Cash

     19,552        47,377        13,601        15,038        901  

Foreign currency, at value

     100,632        201,848        6,198        7,574        5,865  

Foreign currency (restricted), at value (Note 2)

                   0 ^               

Unrealized appreciation on foreign currency contracts

     59,227        75,049                      5  

Receivables:

 

Investment securities sold3

     1,470,040        760,517        66        60         

Dividends

     326,347        291,705        22,458        9,089        6,520  

Securities lending income

     12,371        12,257        953               169  

Foreign tax reclaims

     483,288        84,758        438        605        29,281  

Other (Note 6)

     25,673        6,463                       

Total Assets

     231,705,891        127,300,933        24,978,580        14,801,087        7,731,281  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     3,947,330        2,237,720                       

Payables:

 

Cash collateral received for securities loaned (Note 2)

     8,776,952        5,403,758        413,113               139,492  

Investment securities purchased

     11,456        105,932                       

Advisory fees (Note 3)

     72,947        48,533        6,781        4,110        1,955  

Service fees (Note 2)

     802        445        93        57        29  

Foreign capital gains tax

                   72,116        6,507         

Other (Note 6)

     6,463        1,939                       

Total Liabilities

     12,815,950        7,798,327        492,103        10,674        141,476  

NET ASSETS

   $ 218,889,941      $ 119,502,606      $ 24,486,477      $ 14,790,413      $ 7,589,805  

NET ASSETS:

 

Paid-in capital

   $ 250,861,049      $ 131,182,434      $ 34,385,735      $ 14,243,629      $ 10,973,650  

Total distributable earnings (loss)

     (31,971,108      (11,679,828      (9,899,258      546,784        (3,383,845

NET ASSETS

   $ 218,889,941      $ 119,502,606      $ 24,486,477      $ 14,790,413      $ 7,589,805  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     7,500,000        4,000,000        900,000        600,000        300,000  

Net asset value per share

   $ 29.19      $ 29.88      $ 27.21      $ 24.65      $ 25.30  

1 Includes market value of securities out on loan of:

   $ 15,410,764      $ 13,799,312      $ 974,306             $ 235,227  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

3 Includes market value of securities out on loan, which were sold and pending settlement, of:

   $ 17,323                              

^   Foreign currency (restricted), at value, has been fair valued using significant unobservable inputs by a valuation committee of WisdomTree Asset Management, Inc.

    

 

See Notes to Financial Statements.

 

120   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

December 31, 2022

 

 

 

      WisdomTree
U.S. Corporate
Bond Fund
     WisdomTree
U.S. High Yield
Corporate Bond
Fund
     WisdomTree
U.S. Short-Term
Corporate Bond
Fund
     WisdomTree
Emerging
Markets
Efficient Core
Fund
     WisdomTree
International
Efficient Core
Fund
 

ASSETS:

              

Investments, at cost

   $ 9,936,362      $ 186,158,138      $ 39,454,751      $ 44,147,323      $ 185,612,955  

Foreign currency, at cost

                          47,247        538,914  

Foreign currency (restricted), at cost (Note 2)

                          75,933         

Investments in securities, at value1,2 (Note 2)

     8,718,702        163,073,694        37,669,993        37,313,745        178,794,149  

Cash

     7,895        752,510        19,560        3,181,441        15,186,803  

Deposits at broker for futures contracts

                          554,412        2,564,611  

Foreign currency, at value

                          48,090        541,682  

Foreign currency (restricted), at value (Note 2)

                          0 ^        

Receivables:

              

Investment securities sold

                          96         

Capital shares sold

            4,388,716                      32  

Dividends

                          45,425        189,244  

Securities lending income

     98        8,892        177        295        656  

Interest

     94,386        2,785,266        332,461                

Foreign tax reclaims

                          2,267        163,222  

Total Assets

     8,821,081        171,009,078        38,022,191        41,145,771        197,440,399  

LIABILITIES:

              

Unrealized depreciation on foreign currency contracts

                                 48  

Payables:

              

Cash collateral received for securities loaned (Note 2)

     165,615        8,657,393        613,530        133,352        266,775  

Investment securities purchased

            4,307,329                      40,686  

Advisory fees (Note 3)

     1,357        49,994        5,748        11,367        42,585  

Service fees (Note 2)

     33        579        141        156        721  

Net variation margin on futures contracts

                          22,695        107,901  

Total Liabilities

     167,005        13,015,295        619,419        167,570        458,716  

NET ASSETS

   $ 8,654,076      $ 157,993,783      $ 37,402,772      $ 40,978,201      $ 196,981,683  

NET ASSETS:

              

Paid-in capital

   $ 16,722,534      $ 188,505,159      $ 40,710,904      $ 53,703,349      $ 217,722,112  

Total distributable earnings (loss)

     (8,068,458      (30,511,376      (3,308,132      (12,725,148      (20,740,429

NET ASSETS

   $ 8,654,076      $ 157,993,783      $ 37,402,772      $ 40,978,201      $ 196,981,683  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     200,000        3,600,000        800,000        1,550,000        6,250,000  

Net asset value per share

   $ 43.27      $ 43.89      $ 46.75      $ 26.44      $ 31.52  

1 Includes market value of securities out on loan of:

   $ 174,201      $ 9,015,639      $ 868,544      $ 165,191      $ 750,410  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

^ Foreign currency (restricted), at value, has been fair valued using significant unobservable inputs by a valuation committee of WisdomTree Asset Management, Inc.

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      121  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

December 31, 2022

 

 

 

      WisdomTree
U.S. Efficient
Core Fund
     WisdomTree
Artificial
Intelligence and
Innovation
Fund
     WisdomTree
Battery Value
Chain and
Innovation
Fund
     WisdomTree
BioRevolution
Fund
     WisdomTree
Cloud Computing
Fund
 

ASSETS:

              

Investments, at cost

   $ 691,299,590      $ 1,053,541      $ 5,458,483      $ 5,105,058      $ 1,085,142,608  

Foreign currency, at cost

            139        25,701        2,612         

Investments in securities, at value1,2 (Note 2)

     644,617,770        719,400        4,994,650        4,192,580        585,643,996  

Cash

     60,992,809        199        998        4,628        892,188  

Deposits at broker for futures contracts

     8,856,766                              

Foreign currency, at value

            142        3,561        2,633         

Unrealized appreciation on foreign currency contracts

            0 3                      

Receivables:

              

Capital shares sold

     313                             4,362,254  

Dividends

     554,384        183        3,739        1,343         

Securities lending income

     72        63        2,058        279        9,408  

Foreign tax reclaims

            27        321        640         

Total Assets

     715,022,114        720,014        5,005,327        4,202,103        590,907,846  

LIABILITIES:

              

Payables:

              

Cash collateral received for securities loaned (Note 2)

     366,078        13,843        188,503        26,262        12,590,254  

Investment securities purchased

                                 4,430,320  

Advisory fees (Note 3)

     123,748        281        1,927        1,642        223,089  

Service fees (Note 2)

     2,722        3        19        16        2,181  

Net variation margin on futures contracts

     414,914                              

Total Liabilities

     907,462        14,127        190,449        27,920        17,245,844  

NET ASSETS

   $ 714,114,652      $ 705,887      $ 4,814,878      $ 4,174,183      $ 573,662,002  

NET ASSETS:

              

Paid-in capital

   $ 866,980,461      $ 1,249,999      $ 5,620,341      $ 5,566,713      $ 1,288,332,860  

Total distributable earnings (loss)

     (152,865,809      (544,112      (805,463      (1,392,530      (714,670,858

NET ASSETS

   $ 714,114,652      $ 705,887      $ 4,814,878      $ 4,174,183      $ 573,662,002  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     22,000,000        50,000        150,000        240,000        22,900,000  

Net asset value per share

   $ 32.46      $ 14.12      $ 32.10      $ 17.39      $ 25.05  

1 Includes market value of securities out on loan of:

   $ 605,203      $ 41,815      $ 274,885      $ 54,634      $ 38,618,121  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

3 Amount represents less than $1.

  

 

See Notes to Financial Statements.

 

122   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

December 31, 2022

 

 

 

      WisdomTree
Cybersecurity
Fund
 

ASSETS:

  

Investments, at cost

   $ 47,944,239  

Foreign currency, at cost

     1,420  

Investments in securities, at value1,2 (Note 2)

     29,111,535  

Cash

     47,267  

Foreign currency, at value

     1,445  

Receivables:

  

Dividends

     184  

Securities lending income

     492  

Foreign tax reclaims

     2,255  

Total Assets

     29,163,178  

LIABILITIES:

  

Payables:

  

Cash collateral received for securities loaned (Note 2)

     3,242,345  

Advisory fees (Note 3)

     10,193  

Service fees (Note 2)

     100  

Total Liabilities

     3,252,638  

NET ASSETS

   $ 25,910,540  

NET ASSETS:

  

Paid-in capital

   $ 46,591,344  

Total distributable earnings (loss)

     (20,680,804

NET ASSETS

   $ 25,910,540  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     1,700,000  

Net asset value per share

   $ 15.24  

1 Includes market value of securities out on loan of:

   $ 3,465,200  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      123  


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months or Period Ended December 31, 2022

 

 

 

      WisdomTree
Dynamic
Currency
Hedged
International
Equity Fund
     WisdomTree
Dynamic
Currency
Hedged
International
SmallCap
Equity Fund
     WisdomTree
Emerging
Markets ESG
Fund
     WisdomTree
Emerging
Markets
ex-China Fund1
     WisdomTree
International
ESG Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 3,259,295      $ 1,995,162      $ 381,563      $ 62,799      $ 88,105  

Non-cash dividends

     14,383        33,343               3,549         

Other income (Note 6)

     10,949        4,739                       

Securities lending income, net (Note 2)

     98,405        40,607        7,084               708  

Less: Foreign withholding taxes on dividends

     (208,848      (166,083      (51,170      (10,047      (6,937

Total investment income

     3,174,184        1,907,768        337,477        56,301        81,876  

EXPENSES:

 

Advisory fees (Note 3)

     368,429        220,429        39,267        11,640        11,092  

Service fees (Note 2)

     4,053        2,021        539        160        163  

Other fees (Note 6)

     2,397        1,271                       

Total expenses

     374,879        223,721        39,806        11,800        11,255  

Net investment income

     2,799,305        1,684,047        297,671        44,501        70,621  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions2

     (14,426,052      (11,096,450      (1,265,622      (83,718      (211,431

Futures contracts

                          (513       

Foreign currency contracts

     7,419,062        2,371,676        (5,431      (38,696      (352

Foreign currency related transactions

     55,768        131,794        484        45,055        673  

Net realized loss

     (6,951,222      (8,592,980      (1,270,569      (77,872      (211,110

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions3

     24,081,668        14,155,338        609,260        665,002        362,478  

Foreign currency contracts

     (8,105,541      (3,738,586                    4  

Translation of assets and liabilities denominated in foreign currencies

     15,421        4,866        (12,265      (37      1,112  

Net increase in unrealized appreciation/depreciation

     15,991,548        10,421,618        596,995        664,965        363,594  

Net realized and unrealized gain (loss) on investments

     9,040,326        1,828,638        (673,574      587,093        152,484  

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 11,839,631      $ 3,512,685      $ (375,903    $ 631,594      $ 223,105  

1 For the period September 22, 2022 (commencement of operations) through December 31, 2022.

  

        

2 Net of foreign capital gains tax of:

                 $ 5,258      $ 300         

3 Includes net increase (decrease) in accrued foreign capital gain taxes of:

                 $ 45,924      $ 6,507         

 

See Notes to Financial Statements.

 

124   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended December 31, 2022

 

 

 

      WisdomTree
U.S. Corporate
Bond Fund
     WisdomTree
U.S. High Yield
Corporate Bond
Fund
     WisdomTree
U.S. Short-Term
Corporate Bond
Fund
     WisdomTree
Emerging
Markets
Efficient Core
Fund
     WisdomTree
International
Efficient Core
Fund
 

INVESTMENT INCOME:

 

Dividends

   $      $      $      $ 730,274      $ 1,258,118  

Interest

     309,878        4,479,972        547,445        4,292        14,260  

Non-cash dividends

                                 1,650  

Securities lending income, net (Note 2)

     1,415        38,876        5,841        295        653  

Less: Foreign withholding taxes on dividends

                          (90,066      (87,920

Total investment income

     311,293        4,518,848        553,286        644,795        1,186,761  

EXPENSES:

 

Advisory fees (Note 3)

     16,113        294,330        35,007        57,486        164,737  

Service fees (Note 2)

     394        3,408        856        790        2,788  

Total expenses

     16,507        297,738        35,863        58,276        167,525  

Net investment income

     294,786        4,221,110        517,423        586,519        1,019,236  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions1

     (309,294      (1,930,753      (453,507      (1,381,786      (789,889

In-kind redemptions

     (4,039,278      (3,957,179      (237,813      (46,375      (1,934,815

Futures contracts

                          (1,542,684      (3,966,896

Foreign currency contracts

                          (8,351      (65,704

Foreign currency related transactions

                          (16,897      64,005  

Net realized loss

     (4,348,572      (5,887,932      (691,320      (2,996,093      (6,693,299

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     4,215,009        6,698,174        69,013        62,829        11,948,097  

Futures contracts

                          159,178        (67,860

Foreign currency contracts

                          (1,119      (602

Translation of assets and liabilities denominated in foreign currencies

                          (70,180      11,944  

Net increase in unrealized appreciation/depreciation

     4,215,009        6,698,174        69,013        150,708        11,891,579  

Net realized and unrealized gain (loss) on investments

     (133,563      810,242        (622,307      (2,845,385      5,198,280  

Net increase from payment by affiliate (Note 3)

                   150        76         

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 161,223      $ 5,031,352      $ (104,734    $ (2,258,790    $ 6,217,516  

1 Net of foreign capital gains tax of:

                        $ (17       

 

See Notes to Financial Statements.

 

WisdomTree Trust      125  


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended December 31, 2022

 

 

 

      WisdomTree
U.S. Efficient
Core Fund
     WisdomTree
Artificial
Intelligence and
Innovation Fund
     WisdomTree
Battery Value
Chain and
Innovation
Fund
     WisdomTree
BioRevolution
Fund
     WisdomTree
Cloud Computing
Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 5,496,518      $ 2,810      $ 23,218      $ 19,305      $  

Interest

     86,488                              

Securities lending income, net (Note 2)

     4,455        63        2,058        279        87,138  

Less: Foreign withholding taxes on dividends

     (1,498      (432      (3,721      (516       

Total investment income

     5,585,963        2,441        21,555        19,068        87,138  

EXPENSES:

 

Advisory fees (Note 3)

     716,320        1,746        9,096        10,893        1,463,291  

Service fees (Note 2)

     15,759        17        89        107        14,308  

Total expenses

     732,079        1,763        9,185        11,000        1,477,599  

Net investment income (loss)

     4,853,884        678        12,370        8,068        (1,390,461

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (19,924,351      (136,483      (225,089      (334,765      (75,685,515

In-kind redemptions

     17,914,647                      64,855        4,121,598  

Futures contracts

     (29,453,966                            

Foreign currency contracts

     37        701        1,699        (882       

Foreign currency related transactions

     (38      (716      20,396        1,345         

Net realized loss

     (31,463,671      (136,498      (202,994      (269,447      (71,563,917

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     3,675,984        91,188        (307,908      302,611        (2,440,984

Futures contracts

     2,621,784                              

Foreign currency contracts

            0 1       (2              

Translation of assets and liabilities denominated in foreign currencies

            30        (22,087      67         

Net increase (decrease) in unrealized appreciation/depreciation

     6,297,768        91,218        (329,997      302,678        (2,440,984

Net realized and unrealized gain (loss) on investments

     (25,165,903      (45,280      (532,991      33,231        (74,004,901

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ (20,312,019    $ (44,602    $ (520,621    $ 41,299      $ (75,395,362

1 Amount represents less than $1.

              

 

See Notes to Financial Statements.

 

126   WisdomTree Trust


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended December 31, 2022

 

 

 

      WisdomTree
Cybersecurity
Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 3,086  

Securities lending income, net (Note 2)

     9,596  

Less: Foreign withholding taxes on dividends

     (463

Total investment income

     12,219  

EXPENSES:

 

Advisory fees (Note 3)

     70,223  

Service fees (Note 2)

     687  

Total expenses

     70,910  

Net investment loss

     (58,691

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (1,117,647

In-kind redemptions

     202,332  

Foreign currency contracts

     1,096  

Foreign currency related transactions

     (1,715

Net realized loss

     (915,934

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     (3,394,393

Translation of assets and liabilities denominated in foreign currencies

     133  

Net decrease in unrealized appreciation/depreciation

     (3,394,260

Net realized and unrealized loss on investments

     (4,310,194

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (4,368,885

 

See Notes to Financial Statements.

 

WisdomTree Trust      127  


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

     WisdomTree Dynamic Currency
Hedged International Equity Fund
    WisdomTree Dynamic Currency
Hedged International SmallCap
Equity Fund
    WisdomTree Emerging
Markets ESG Fund
 
     For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 2,799,305     $ 7,201,966     $ 1,684,047     $ 1,958,981     $ 297,671     $ 849,512  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (6,951,222     15,745,183       (8,592,980     7,252,936       (1,270,569     (209,574

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    15,991,548       (29,913,702     10,421,618       (14,851,685     596,995       (9,320,275

Net increase (decrease) in net assets resulting from operations

    11,839,631       (6,966,553     3,512,685       (5,639,768     (375,903     (8,680,337

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (2,952,900     (8,333,400     (3,190,351     (2,160,473     (618,705     (813,816

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    41,932,727       46,532,186       61,062,000       35,211,942             3,157,366  

Cost of shares redeemed

          (24,821,425           (10,629,801           (3,585,905

Net increase (decrease) in net assets resulting from capital share transactions

    41,932,727       21,710,761       61,062,000       24,582,141             (428,539

Net Increase (Decrease) in Net Assets

    50,819,458       6,410,808       61,384,334       16,781,900       (994,608     (9,922,692

NET ASSETS:

 

Beginning of period

  $ 168,070,483     $ 161,659,675     $ 58,118,272     $ 41,336,372     $ 25,481,085     $ 35,403,777  

End of period

  $ 218,889,941     $ 168,070,483     $ 119,502,606     $ 58,118,272     $ 24,486,477     $ 25,481,085  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    6,050,000       5,300,000       1,950,000       1,200,000       900,000       900,000  

Shares created

    1,450,000       1,550,000       2,050,000       1,050,000             100,000  

Shares redeemed

          (800,000           (300,000           (100,000

Shares outstanding, end of period

    7,500,000       6,050,000       4,000,000       1,950,000       900,000       900,000  

 

See Notes to Financial Statements.

 

128   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     

WisdomTree
Emerging Markets

ex-China Fund

    

WisdomTree International

ESG Fund

    

WisdomTree U.S. Corporate

Bond Fund

 
      For the Period
September 22, 2022*
through
December 31, 2022
(unaudited)
     For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
     For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 44,501      $ 70,621      $ 237,030      $ 294,786      $ 1,125,535  

Net realized loss on investments, futures contracts, foreign currency contracts and foreign currency related transactions

     (77,872      (211,110      (34,985      (4,348,572      (2,428,696

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     664,965        363,594        (1,695,997      4,215,009        (5,842,676

Net increase (decrease) in net assets resulting from operations

     631,594        223,105        (1,493,952      161,223        (7,145,837

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (84,810      (79,935      (238,020      (321,000      (1,197,666

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     14,243,628               1,484,583                

Cost of shares redeemed

     (99                    (31,870,724       

Net increase (decrease) in net assets resulting from capital share transactions

     14,243,529               1,484,583        (31,870,724       

Net Increase (Decrease) in Net Assets

     14,790,313        143,170        (247,389      (32,030,501      (8,343,503

NET ASSETS:

 

Beginning of period

   $ 100      $ 7,446,635      $ 7,694,024      $ 40,684,577      $ 49,028,080  

End of period

   $ 14,790,413      $ 7,589,805      $ 7,446,635      $ 8,654,076      $ 40,684,577  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     4        300,000        250,000        900,000        900,000  

Shares created

     600,000               50,000                

Shares redeemed

     (4                    (700,000       

Shares outstanding, end of period

     600,000        300,000        300,000        200,000        900,000  

* Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

  

 

 

See Notes to Financial Statements.

 

WisdomTree Trust      129  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree U.S. High Yield
Corporate Bond Fund
    WisdomTree U.S. Short-Term
Corporate Bond Fund
    WisdomTree Emerging Markets
Efficient Core Fund
 
     For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 4,221,110     $ 8,030,190     $ 517,423     $ 526,577     $ 586,519     $ 513,193  

Net realized loss on investments, futures contracts, foreign currency contracts and foreign currency related transactions

    (5,887,932     (788,116     (691,320     (808,823     (2,996,093     (3,198,496

Net increase (decrease) in unrealized appreciation/depreciation on investments, futures contracts and translation of assets and liabilities denominated in foreign currencies

    6,698,174       (33,528,082     69,013       (2,297,744     150,708       (7,225,923

Net increase from payment by affiliate

                150             76        

Net increase (decrease) in net assets resulting from operations

    5,031,352       (26,286,008     (104,734     (2,579,990     (2,258,790     (9,911,226

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (4,340,500     (7,906,350     (554,000     (651,248     (749,010     (378,458

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    22,380,310       82,422,563       4,808,011       15,102,248       14,733,714       51,468,255  

Cost of shares redeemed

    (36,372,679     (35,293,904     (9,503,314           (5,099,245     (8,902,363

Net increase (decrease) in net assets resulting from capital share transactions

    (13,992,369     47,128,659       (4,695,303     15,102,248       9,634,469       42,565,892  

Net Increase (Decrease) in Net Assets

    (13,301,517     12,936,301       (5,354,037     11,871,010       6,626,669       32,276,208  

NET ASSETS:

 

Beginning of period

  $ 171,295,300     $ 158,358,999     $ 42,756,809     $ 30,885,799     $ 34,351,532     $ 2,075,324  

End of period

  $ 157,993,783     $ 171,295,300     $ 37,402,772     $ 42,756,809     $ 40,978,201     $ 34,351,532  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    3,900,000       3,000,000       900,000       600,000       1,200,000       50,000  

Shares created

    500,000       1,600,000       100,000       300,000       550,000       1,450,000  

Shares redeemed

    (800,000     (700,000     (200,000           (200,000     (300,000

Shares outstanding, end of period

    3,600,000       3,900,000       800,000       900,000       1,550,000       1,200,000  

 

See Notes to Financial Statements.

 

130   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree International
Efficient Core Fund
   

WisdomTree U.S. Efficient

Core Fund

    WisdomTree Artificial
Intelligence and Innovation Fund
 
     For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the Period
December 9, 2021*
through
June 30, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 1,019,236     $ 2,014,624     $ 4,853,884     $ 8,325,402     $ 678     $ 1,439  

Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions

    (6,693,299     (8,928,568     (31,463,671     6,067,718       (136,498     (74,061

Net increase (decrease) in unrealized appreciation/depreciation on investments, futures contracts, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    11,891,579       (19,291,690     6,297,768       (190,207,402     91,218       (425,354

Net increase (decrease) in net assets resulting from operations

    6,217,516       (26,205,634     (20,312,019     (175,814,282     (44,602     (497,976

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (1,049,926     (1,971,331     (5,110,910     (8,163,536     (1,534      

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    135,095,701       157,472,630       130,387,664       543,539,352             1,250,000  

Cost of shares redeemed

    (19,048,786     (55,527,380     (86,455,149     (183,240,518           (101

Net increase in net assets resulting from capital share transactions

    116,046,915       101,945,250       43,932,515       360,298,834             1,249,899  

Net Increase (Decrease) in Net Assets

    121,214,505       73,768,285       18,509,586       176,321,016       (46,136     751,923  

NET ASSETS:

 

Beginning of period

  $ 75,767,178     $ 1,998,893     $ 695,605,066     $ 519,284,050     $ 752,023     $ 100  

End of period

  $ 196,981,683     $ 75,767,178     $ 714,114,652     $ 695,605,066     $ 705,887     $ 752,023  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    2,450,000       50,000       20,850,000       12,800,000       50,000       4  

Shares created

    4,500,000       4,050,000       3,850,000       12,750,000             50,000  

Shares redeemed

    (700,000     (1,650,000     (2,700,000     (4,700,000           (4

Shares outstanding, end of period

    6,250,000       2,450,000       22,000,000       20,850,000       50,000       50,000  

* Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

  

 

See Notes to Financial Statements.

 

WisdomTree Trust      131  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree Battery Value
Chain and Innovation Fund
    WisdomTree
BioRevolution Fund
    WisdomTree Cloud
Computing Fund
 
     For the
Six Months Ended
December 31, 2022
(unaudited)
    For the Period
February 17, 2022*
through
June 30, 2022
    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income (loss)

  $ 12,370     $ 10,849     $ 8,068     $ 12,468     $ (1,390,461   $ (4,639,243

Net realized loss on investments, foreign currency contracts and foreign currency related transactions

    (202,994     (117,758     (269,447     (210,739     (71,563,917     (10,186,800

Net increase (decrease) in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies

    (329,997     (155,958     302,678       (1,315,932     (2,440,984     (595,077,204

Net increase (decrease) in net assets resulting from operations

    (520,621     (262,867     41,299       (1,514,203     (75,395,362     (609,903,247

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (21,975           (15,662     (4,424            

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    3,620,338       2,000,000             3,541,300       255,943,410       874,468,867  

Cost of shares redeemed

          (117     (539,209           (237,536,602     (910,956,909

Net increase (decrease) in net assets resulting from capital share transactions

    3,620,338       1,999,883       (539,209     3,541,300       18,406,808       (36,488,042

Net Increase (Decrease) in Net Assets

    3,077,742       1,737,016       (513,572     2,022,673       (56,988,554     (646,391,289

NET ASSETS:

 

Beginning of period

  $ 1,737,136     $ 120     $ 4,687,755     $ 2,665,082     $ 630,650,556     $ 1,277,041,845  

End of period

  $ 4,814,878     $ 1,737,136     $ 4,174,183     $ 4,687,755     $ 573,662,002     $ 630,650,556  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    50,000       3       270,000       100,000       22,500,000       22,850,000  

Shares created

    100,000       50,000             170,000       9,050,000       20,350,000  

Shares redeemed

          (3     (30,000           (8,650,000     (20,700,000

Shares outstanding, end of period

    150,000       50,000       240,000       270,000       22,900,000       22,500,000  

* Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

  

 

See Notes to Financial Statements.

 

132   WisdomTree Trust


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

      WisdomTree Cybersecurity Fund  
      For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income (loss)

   $ (58,691    $ 183,248  

Net realized gain (loss) on investments and foreign currency related transactions

     (915,934      1,284,806  

Net decrease in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies

     (3,394,260      (16,325,428

Net decrease in net assets resulting from operations

     (4,368,885      (14,857,374

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (7,191      (177,112

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

            33,409,139  

Cost of shares redeemed

     (2,475,295      (12,487,363

Net increase (decrease) in net assets resulting from capital share transactions

     (2,475,295      20,921,776  

Net Increase (Decrease) in Net Assets

     (6,851,371      5,887,290  

NET ASSETS:

 

Beginning of period

   $ 32,761,911      $ 26,874,621  

End of period

   $ 25,910,540      $ 32,761,911  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     1,840,000        1,100,000  

Shares created

            1,290,000  

Shares redeemed

     (140,000      (550,000

Shares outstanding, end of period

     1,700,000        1,840,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      133  


Financial Highlights

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Dynamic Currency
Hedged International Equity Fund
  For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Year Ended
June 30, 2021
    For the
Year Ended
June 30, 2020
    For the
Year Ended
June 30, 2019
    For the
Year Ended
June 30, 2018
 

Net asset value, beginning of period

  $ 27.78     $ 30.50     $ 25.40     $ 28.84     $ 28.96     $ 28.27  

Investment operations:

 

Net investment income1

    0.43       1.34       0.91       0.80       1.04       1.00  

Net realized and unrealized gain (loss)

    1.42       (2.54     5.27       (3.44     (0.17     0.70  

Total from investment operations

    1.85       (1.20     6.18       (2.64     0.87       1.70  

Dividends to shareholders:

 

Net investment income

    (0.44     (1.52     (1.08     (0.80     (0.99     (1.01

Net asset value, end of period

  $ 29.19     $ 27.78     $ 30.50     $ 25.40     $ 28.84     $ 28.96  

TOTAL RETURN2

    6.78     (4.12 )%      24.76     (9.34 )%3      3.11     6.04

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 218,890     $ 168,070     $ 161,660     $ 198,145     $ 252,362     $ 262,129  

Ratios to average net assets of:

 

Expenses, net of expense waivers

    0.41 %4,5      0.41 %5      0.39     0.35     0.35     0.35

Expenses, prior to expense waivers

    0.41 %4,5      0.41 %5      0.40     0.40     0.40     0.40

Net investment income

    3.03 %4      4.41     3.26     2.87     3.68     3.33

Portfolio turnover rate6

    30     35     38     17     26     15

 

WisdomTree Dynamic Currency
Hedged International SmallCap
Equity Fund
   For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 2020
    For the
Year Ended
June 30, 2019
    For the
Year Ended
June 30, 2018
 

Net asset value, beginning of period

   $ 29.80     $ 34.45     $ 26.22      $ 29.60     $ 31.50     $ 30.12  

Investment operations:

 

Net investment income1

     0.55       1.37       0.88        0.88       1.12       1.11  

Net realized and unrealized gain (loss)

     0.41       (4.65     8.46        (3.39     (2.29     0.92  

Total from investment operations

     0.96       (3.28     9.34        (2.51     (1.17     2.03  

Dividends and distributions to shareholders:

 

Net investment income

     (0.54     (1.37     (1.11      (0.87     (0.73     (0.65

Capital gains

     (0.34                               

Total dividends and distributions to shareholders

     (0.88     (1.37     (1.11      (0.87     (0.73     (0.65

Net asset value, end of period

   $ 29.88     $ 29.80     $ 34.45      $ 26.22     $ 29.60     $ 31.50  

TOTAL RETURN2

     3.32     (9.78 )%      36.12      (8.70 )%7      (3.70 )%      6.73

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 119,503     $ 58,118     $ 41,336      $ 38,015     $ 34,041     $ 17,327  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.49 %4,8      0.49 %8      0.47      0.43     0.43     0.43

Expenses, prior to expense waivers

     0.49 %4,8      0.49 %8      0.48      0.48     0.48     0.48

Net investment income

     3.66 %4      4.06     2.86      3.08     3.77     3.41

Portfolio turnover rate6

     58     48     60      25     55     95
1 

Based on average shares outstanding.

 

2 

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 and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.11% lower.

 

4 

Annualized.

 

5 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized for the fiscal period ended December 31, 2022). Without these expenses, the expense ratio would have been 0.40%.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7

Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.14% lower.

 

8 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized for the fiscal period ended December 31, 2022). Without these expenses, the expense ratio would have been 0.48%.

 

See Notes to Financial Statements.

 

134   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Emerging Markets
ESG Fund
   For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Year Ended
June 30, 2021
    For the
Year Ended
June 30, 20201
    For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of period

   $ 28.31     $ 39.34     $ 27.90     $ 31.47     $ 30.95      $ 29.71  

Investment operations:

 

Net investment income2

     0.33       0.99       0.62       0.93       1.21        0.96  

Net realized and unrealized gain (loss)

     (0.74     (11.07     11.50       (3.44     0.38        1.14  

Total from investment operations

     (0.41     (10.08     12.12       (2.51     1.59        2.10  

Dividends to shareholders:

 

Net investment income

     (0.69     (0.95     (0.68     (1.06     (1.07      (0.86

Net asset value, end of period

   $ 27.21     $ 28.31     $ 39.34     $ 27.90     $ 31.47      $ 30.95  

TOTAL RETURN3

     (1.30 )%      (25.99 )%      43.82     (8.19 )%      5.25      7.05 %4 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 24,486     $ 25,481     $ 35,404     $ 33,482     $ 50,353      $ 34,042  

Ratios to average net assets of:

 

Expenses

     0.32 %5      0.32     0.32 %6,7      0.32     0.32      0.32

Net investment income

     2.43 %5      2.88     1.79 %6      3.13     3.97      2.91

Portfolio turnover rate8

     22     57     69     130 %1      26      22

 

   
WisdomTree Emerging Markets ex-China Fund    For the Period
September 22, 2022*
through
December 31, 2022
(unaudited)
 

Net asset value, beginning of period

   $ 24.73  

Investment operations:

 

Net investment income2

     0.08  

Net realized and unrealized loss

     (0.02 )9 

Total from investment operations

     0.06  

Dividends to shareholders:

 

Net investment income

     (0.14

Net asset value, end of period

   $ 24.65  

TOTAL RETURN3

     0.25

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 14,790  

Ratios to average net assets of:

 

Expenses

     0.32 %5 

Net investment income

     1.22 %5 

Portfolio turnover rate8

     18
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

The information reflects the investment objective and strategy of the WisdomTree Emerging Markets Dividend Fund through March 15, 2020 and the investment objective and strategy of the WisdomTree Emerging Markets ESG Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change.

 

2 

Based on average shares outstanding.

 

3 

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 and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree Emerging Markets ESG Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Includes a reimbursement from the sub-advisor for an operational error. Excluding the reimbursement, total return would have been unchanged.

 

5 

Annualized.

 

6 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

7 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

8 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

9 

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

See Notes to Financial Statements.

 

WisdomTree Trust      135  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International ESG Fund    For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 20201
    For the
Year Ended
June 30, 2019
    For the
Year Ended
June 30, 2018
 

Net asset value, beginning of period

   $ 24.82     $ 30.78     $ 24.48      $ 23.96     $ 24.67     $ 23.31  

Investment operations:

 

Net investment income2

     0.24       0.87       0.51        0.46       0.49       0.71  

Net realized and unrealized gain (loss)

     0.51       (5.98     6.52        0.73 3      0.02       1.03  

Total from investment operations

     0.75       (5.11     7.03        1.19       0.51       1.74  

Dividends and distributions to shareholders:

 

Net investment income

     (0.27     (0.85     (0.73      (0.50     (0.29     (0.21

Capital gains

                        (0.17     (0.93     (0.17

Total dividends and distributions to shareholders

     (0.27     (0.85     (0.73      (0.67     (1.22     (0.38

Net asset value, end of period

   $ 25.30     $ 24.82     $ 30.78      $ 24.48     $ 23.96     $ 24.67  

TOTAL RETURN4

     3.07     (16.85 )%      28.94      4.88     2.56     7.44

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 7,590     $ 7,447     $ 7,694      $ 18,363     $ 28,749     $ 19,736  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.30 %5      0.30     0.30      0.15 %6      0.10 %6      0.10 %6 

Expenses, prior to expense waivers

     0.30 %5      0.30     0.30      0.52 %6      0.58 %6      0.58 %6 

Net investment income

     1.91 %5      2.96     1.86      1.89 %6      2.10 %6      2.87 %6 

Portfolio turnover rate7

     33     87     80      112 %1      6     4

 

             
WisdomTree U.S. Corporate Bond
Fund
   For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Year Ended
June 30, 2021
    For the
Year Ended
June 30, 2020
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of period

   $ 45.21     $ 54.48     $ 54.40     $ 51.09      $ 47.79      $ 49.88  

Investment operations:

 

Net investment income2

     0.76       1.25       1.23       1.42        1.59        1.49  

Net realized and unrealized gain (loss)

     (1.47     (9.18     0.25 3      3.37        3.28        (2.02

Total from investment operations

     (0.71     (7.93     1.48       4.79        4.87        (0.53

Dividends and distributions to shareholders:

 

Net investment income

     (1.23     (1.24     (1.21     (1.48      (1.57      (1.56

Capital gains

           (0.10     (0.19                    

Total dividends and distributions to shareholders

     (1.23     (1.34     (1.40     (1.48      (1.57      (1.56

Net asset value, end of period

   $ 43.27     $ 45.21     $ 54.48     $ 54.40      $ 51.09      $ 47.79  

TOTAL RETURN4

     (1.57 )%      (14.83 )%      2.75     9.54      10.44      (1.11 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 8,654     $ 40,685     $ 49,028     $ 38,077      $ 5,109      $ 4,779  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.18 %5      0.18     0.18 %8      0.18      0.18      0.18

Expenses, prior to expense waivers

     0.18 %5      0.18     0.21     0.28      0.28      0.28

Net investment income

     3.29 %5      2.42     2.27     2.71      3.29      3.02

Portfolio turnover rate7

     20     52     36     25      22      21
1

The information reflects the investment objective and strategy of the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund through March 15, 2020 and the investment objective and strategy of the WisdomTree International ESG Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change.

 

2

Based on average shares outstanding.

 

3

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

4

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 and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

5

Annualized.

 

6

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

7

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8

The investment advisor had contractually agreed to limit the advisory fee to 0.18% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.18%.

 

See Notes to Financial Statements.

 

136   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. High Yield
Corporate Bond Fund
   For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Year Ended
June 30, 2021
    For the
Year Ended
June 30, 2020
    For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of period

   $ 43.92     $ 52.79     $ 48.53     $ 51.51     $ 49.77      $ 52.29  

Investment operations:

 

Net investment income1

     1.23       2.20       2.32       2.64       2.84        2.91  

Net realized and unrealized gain (loss)

     0.03       (8.92     4.28       (3.00     1.69        (2.14

Total from investment operations

     1.26       (6.72     6.60       (0.36     4.53        0.77  

Dividends and distributions to shareholders:

 

Net investment income

     (1.29     (2.15     (2.34     (2.62     (2.75      (2.89

Capital gains

                             (0.04      (0.40

Tax return of capital

                       (0.00 )2              

Total dividends and distributions to shareholders

     (1.29     (2.15     (2.34     (2.62     (2.79      (3.29

Net asset value, end of period

   $ 43.89     $ 43.92     $ 52.79     $ 48.53     $ 51.51      $ 49.77  

TOTAL RETURN3

     2.86     (13.16 )%      13.84     (0.72 )%      9.43      1.49

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 157,994     $ 171,295     $ 158,359     $ 63,083     $ 15,453      $ 4,977  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.38 %4      0.38     0.38 %5      0.38     0.38      0.38

Expenses, prior to expense waivers

     0.38 %4      0.38     0.41     0.48     0.48      0.48

Net investment income

     5.45 %4      4.36     4.51     5.32     5.68      5.67

Portfolio turnover rate6

     13     24     21     22     14      35

 

             
WisdomTree U.S. Short-Term
Corporate Bond Fund
   For the
Six Months Ended
December 31, 2022
(unaudited)
    For the
Year Ended
June 30, 2022
    For the
Year Ended
June 30, 2021
    For the
Year Ended
June 30, 2020
     For the
Year Ended
June 30, 2019
     For the
Year Ended
June 30, 2018
 

Net asset value, beginning of period

   $ 47.51     $ 51.48     $ 51.58     $ 50.43      $ 49.03      $ 49.94  

Investment operations:

 

Net investment income1

     0.63       0.68       0.75       1.23        1.24        0.98  

Net realized and unrealized gain (loss)

     (0.71     (3.82     0.06 7      1.13 7       1.39        (0.88

Net increase from payment by affiliate

     0.00 2                                 

Total from investment operations

     (0.08     (3.14     0.81       2.36        2.63        0.10  

Dividends and distributions to shareholders:

 

Net investment income

     (0.68     (0.62     (0.75     (1.21      (1.23      (1.01

Capital gains

           (0.21     (0.16                    

Total dividends and distributions to shareholders

     (0.68     (0.83     (0.91     (1.21      (1.23      (1.01

Net asset value, end of period

   $ 46.75     $ 47.51     $ 51.48     $ 51.58      $ 50.43      $ 49.03  

TOTAL RETURN3

     (0.16 )%8      (6.18 )%      1.59     4.75      5.44      0.19

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 37,403     $ 42,757     $ 30,886     $ 20,632      $ 5,043      $ 4,903  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.18 %4      0.18     0.18 %9      0.18      0.18      0.18

Expenses, prior to expense waivers

     0.18 %4      0.18     0.21     0.28      0.28      0.28

Net investment income

     2.66 %4      1.36     1.46     2.43      2.50      1.98

Portfolio turnover rate6

     31     55     47     43      28      41
1 

Based on average shares outstanding.

 

2

Amount represents less than $0.005.

 

3

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 and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4

Annualized.

 

5

The investment advisor had contractually agreed to limit the advisory fee to 0.38% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.38%.

 

6

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7 

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

8 

Includes a reimbursement from the sub-advisor for an operational error. Excluding this reimbursement, total return would have been unchanged (Note 3).

 

9 

The investment advisor had contractually agreed to limit the advisory fee to 0.18% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.18%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      137  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Emerging Markets Efficient Core Fund    For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
     For the Period
May 20, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 28.63      $ 41.51      $ 39.75  

Investment operations:

 

Net investment income1

     0.44        0.82        0.13  

Net realized and unrealized gain (loss)

     (2.05      (12.71      1.69  

Net increase from payment by affiliate

     0.00 2               

Total from investment operations

     (1.61      (11.89      1.82  

Dividends and distributions to shareholders:

 

Net investment income

     (0.58      (0.73      (0.06

Capital gains

            (0.26       

Total dividends and distributions to shareholders

     (0.58      (0.99      (0.06

Net asset value, end of period

   $ 26.44      $ 28.63      $ 41.51  

TOTAL RETURN3

     (5.51 )%4       (29.06 )%       4.58

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 40,978      $ 34,352      $ 2,075  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.32 %5       0.32 %6       0.31 %5,6 

Expenses, prior to expense waivers

     0.32 %5       0.32 %6       0.32 %5,6 

Net investment income

     3.26 %5       2.52 %6       2.68 %5,6 

Portfolio turnover rate7

     13      102      3

 

       
WisdomTree International Efficient Core Fund    For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
     For the Period
May 20, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 30.93      $ 39.98      $ 39.43  

Investment operations:

 

Net investment income1

     0.25        1.19        0.09  

Net realized and unrealized gain (loss)

     0.56        (9.26      0.50 8 

Total from investment operations

     0.81        (8.07      0.59  

Dividends and distributions to shareholders:

 

Net investment income

     (0.22      (0.96      (0.04

Capital gains

            (0.02       

Total dividends and distributions to shareholders

     (0.22      (0.98      (0.04

Net asset value, end of period

   $ 31.52      $ 30.93      $ 39.98  

TOTAL RETURN3

     2.67      (20.44 )%       1.50

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 196,982      $ 75,767      $ 1,999  

Ratios to average net assets of:

 

Expenses

     0.26 %5       0.26      0.26 %5 

Net investment income

     1.61 %5       3.30      1.94 %5 

Portfolio turnover rate7

     3      13      0
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1

Based on average shares outstanding.

 

2 

Amount represents less than $0.005.

 

3

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 and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree Emerging Markets Efficient Core Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Includes a reimbursement from the sub-advisor for an operational error. Excluding this reimbursement, total return would have been unchanged (Note 3).

 

5

Annualized.

 

6

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

7

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year.

 

See Notes to Financial Statements.

 

138   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Efficient Core
Fund
   For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the
Year Ended
June 30, 2020
     For the Period
August 2, 2018*
through
June 30, 2019
 

Net asset value, beginning of period

   $ 33.36      $ 40.57      $ 30.60      $ 27.14      $ 25.08  

Investment operations:

 

Net investment income1

     0.23        0.42        0.41        0.45        0.38  

Net realized and unrealized gain (loss)

     (0.89      (7.23      9.95        3.39        2.01  

Total from investment operations

     (0.66      (6.81      10.36        3.84        2.39  

Dividends and distributions to shareholders:

 

Net investment income

     (0.24      (0.40      (0.37      (0.27      (0.33

Capital gains

                   (0.02      (0.11       

Total dividends and distributions to shareholders

     (0.24      (0.40      (0.39      (0.38      (0.33

Net asset value, end of period

   $ 32.46      $ 33.36      $ 40.57      $ 30.60      $ 27.14  

TOTAL RETURN2

     (1.97 )%       (16.95 )%       34.04      14.25      9.64

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 714,115      $ 695,605      $ 519,284      $ 238,679      $ 5,428  

Ratios to average net assets of:

 

Expenses

     0.20 %3       0.20      0.20      0.20      0.20 %3 

Net investment income

     1.36 %3       1.05      1.12      1.57      1.68 %3 

Portfolio turnover rate4

     4      7      9      13      11

 

     
WisdomTree Artificial Intelligence and Innovation Fund    For the
Six Months Ended
December 31, 2022
(unaudited)
     For the Period
December 9, 2021*
through
June 30, 2022
 

Net asset value, beginning of period

   $ 15.04      $ 25.22  

Investment operations:

     

Net investment income1

     0.01        0.03  

Net realized and unrealized loss

     (0.90      (10.21

Total from investment operations

     (0.89      (10.18

Dividends to shareholders:

     

Net investment income

     (0.03       

Net asset value, end of period

   $ 14.12      $ 15.04  

TOTAL RETURN2

     (5.91 )%       (40.36 )% 

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 706      $ 752  

Ratios to average net assets of:

     

Expenses

     0.45 %3       0.45 %3 

Net investment income

     0.17 %3       0.26 %3 

Portfolio turnover rate4

     31      11
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1

Based on average shares outstanding.

 

2

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 and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

3

Annualized.

 

4

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Trust      139  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Battery Value Chain and Innovation Fund    For the
Six Months Ended
December 31, 2022
(unaudited)
     For the Period
February 17, 2022*
through
June 30, 2022
 

Net asset value, beginning of period

   $ 34.74      $ 40.49  

Investment operations:

 

Net investment income1

     0.10        0.22  

Net realized and unrealized loss

     (2.59      (5.97

Total from investment operations

     (2.49      (5.75

Dividends to shareholders:

 

Net investment income

     (0.15       

Net asset value, end of period

   $ 32.10      $ 34.74  

TOTAL RETURN2

     (7.17 )%       (14.20 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 4,815      $ 1,737  

Ratios to average net assets of:

 

Expenses

     0.45 %3       0.45 %3 

Net investment income

     0.61 %3       1.56 %3 

Portfolio turnover rate4

     50      48

 

       
WisdomTree BioRevolution Fund    For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
     For the Period
June 3, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 17.36      $ 26.65      $ 25.03  

Investment operations:

 

Net investment income (loss)1

     0.03        0.08        (0.00 )5 

Net realized and unrealized gain (loss)

     0.07        (9.34      1.62  

Total from investment operations

     0.10        (9.26      1.62  

Dividends to shareholders:

 

Net investment income

     (0.07      (0.03       

Net asset value, end of period

   $ 17.39      $ 17.36      $ 26.65  

TOTAL RETURN2

     0.55      (34.79 )%       6.47

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 4,174      $ 4,688      $ 2,665  

Ratios to average net assets of:

 

Expenses

     0.45 %3       0.45      0.45 %3 

Net investment income (loss)

     0.33 %3       0.36      (0.07 )%3 

Portfolio turnover rate4

     11      17      0
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1

Based on average shares outstanding.

 

2

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 and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

3

Annualized.

 

4

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

5 

Amount represents less than $0.005.

 

See Notes to Financial Statements.

 

140   WisdomTree Trust


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Cloud Computing Fund    For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
     For the
Year Ended
June 30, 2021
     For the Period
September 6, 2019*
through
June 30, 2020
 

Net asset value, beginning of period

   $ 28.03      $ 55.89      $ 38.96      $ 25.06  

Investment operations:

           

Net investment loss1

     (0.06      (0.21      (0.22      (0.11

Net realized and unrealized gain (loss)

     (2.92      (27.65      17.15        14.01  

Total from investment operations

     (2.98      (27.86      16.93        13.90  

Net asset value, end of period

   $ 25.05      $ 28.03      $ 55.89      $ 38.96  

TOTAL RETURN2

     (10.63 )%       (49.85 )%       43.45      55.47

RATIOS/SUPPLEMENTAL DATA:

           

Net assets, end of period (000’s omitted)

   $ 573,662      $ 630,651      $ 1,277,042      $ 420,771  

Ratios to average net assets of:

           

Expenses

     0.45 %3       0.45      0.45      0.45 %3 

Net investment loss

     (0.43 )%3       (0.44 )%       (0.44 )%       (0.43 )%3 

Portfolio turnover rate4

     22      50      40      8

 

       
WisdomTree Cybersecurity Fund    For the
Six Months Ended
December 31, 2022
(unaudited)
     For the
Year Ended
June 30, 2022
     For the Period
January 28, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 17.81      $ 24.43      $ 24.17  

Investment operations:

        

Net investment income (loss)1

     (0.03      0.12        (0.01

Net realized and unrealized gain (loss)

     (2.54      (6.63      0.27  

Total from investment operations

     (2.57      (6.51      0.26  

Dividends to shareholders:

        

Net investment income

     (0.00 )5       (0.11       

Net asset value, end of period

   $ 15.24      $ 17.81      $ 24.43  

TOTAL RETURN2

     (14.41 )%       (26.79 )%       1.08

RATIOS/SUPPLEMENTAL DATA:

        

Net assets, end of period (000’s omitted)

   $ 25,911      $ 32,762      $ 26,875  

Ratios to average net assets of:

        

Expenses

     0.45 %3       0.45      0.45 %3 

Net investment income (loss)

     (0.38 )%3       0.49      (0.16 )%3 

Portfolio turnover rate4

     28      56      18
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

1

Based on average shares outstanding.

 

2

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 and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized.

 

3

Annualized.

 

4

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

5

Amount represents less than $0.005.

 

See Notes to Financial Statements.

 

WisdomTree Trust      141  


Notes to Financial Statements (unaudited)

 

1. ORGANIZATION

WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005 and is authorized to have multiple series of portfolios (each a “Fund”, collectively, the “Funds”). These notes relate only to the Funds listed below. In accordance with Accounting Standards Codification Topic 946, Financial Services-Investment Companies, each Fund listed below qualifies as an investment company and is applying the accounting and reporting guidance for investment companies.

 

   
Fund    Commencement
of Operations
 

WisdomTree Dynamic Currency Hedged International Equity Fund (“Dynamic Currency Hedged International Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     January 7, 2016  

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (“Dynamic Currency Hedged International SmallCap Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”)

     January 7, 2016  

WisdomTree Emerging Markets ESG Fund (“Emerging Markets ESG Fund”)

     April 7, 2016  

WisdomTree Emerging Markets ex-China Fund (“Emerging Markets ex-China Fund”)

     September 22, 2022  

WisdomTree International ESG Fund (“International ESG Fund”)

     November 3, 2016  

WisdomTree U.S. Corporate Bond Fund (“U.S. Corporate Bond Fund”)

     April 27, 2016  

WisdomTree U.S. High Yield Corporate Bond Fund (“U.S. High Yield Corporate Bond Fund”)

     April 27, 2016  

WisdomTree U.S. Short-Term Corporate Bond Fund (“U.S. Short-Term Corporate Bond Fund”)

     April 27, 2016  

WisdomTree Emerging Markets Efficient Core Fund (“Emerging Markets Efficient Core Fund”)

     May 20, 2021  

WisdomTree International Efficient Core Fund (“International Efficient Core Fund”)

     May 20, 2021  

WisdomTree U.S. Efficient Core Fund (“U.S. Efficient Core Fund”)

     August 2, 2018  

WisdomTree Artificial Intelligence and Innovation Fund (“Artificial Intelligence and Innovation Fund”)

     December 9, 2021  

WisdomTree Battery Value Chain and Innovation Fund (“Battery Value Chain and Innovation Fund”)

     February 17, 2022  

WisdomTree BioRevolution Fund (“BioRevolution Fund”)

     June 3, 2021  

WisdomTree Cloud Computing Fund (“Cloud Computing Fund”)

     September 6, 2019  

WisdomTree Cybersecurity Fund (“Cybersecurity Fund”)

     January 28, 2021  

Each Fund, except the Emerging Markets ESG Fund, International ESG Fund, Emerging Markets Efficient Core Fund, International Efficient Core Fund and U.S. Efficient Core Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree, Inc. (“WisdomTree”) or an Index developed by a third party. The Emerging Markets ESG Fund, International ESG Fund, Emerging Markets Efficient Core Fund, International Efficient Core Fund and U.S. Efficient Core Fund are actively managed using a model-based approach. WisdomTree is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered trademark of WisdomTree and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act.

In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP, requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions

 

142   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

(e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees of the Trust (the “Board of Trustees”). Equity securities (including preferred stock) traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Each Fund may invest in money market funds which are valued at their NAV per share and exchange-traded funds (“ETFs” or “ETF”) or exchange-traded notes (“ETNs” or “ETN”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the ETF or ETN has not traded on its principal exchange. Fixed income securities (including short-term debt securities with remaining maturities of 60 days or less) generally are valued at current market quotations or mean prices obtained from broker-dealers or independent pricing service providers. Broker-dealers or independent pricing service providers, in determining the value of securities, may consider such factors as recent transactions, indications from yields and quoted prices from broker-dealers on similar securities, and market sentiment for the type of security. U.S. fixed income securities may be valued as of the announced closing time for such securities on any day that the Securities Industry and Financial Markets Association announces an early closing time. Foreign currency contracts that settle within two business days after the trade date (“Spot Contracts”) and foreign currency contracts having a settlement period greater than two business days after the trade date (“Forward Contracts”) are valued daily using WM/Reuters closing spot and forward rates, respectively, as of 4:00 p.m. London time. Futures contracts generally are valued at the settlement price, the price at which a futures contract settles once a given trading day has ended, on the primary exchange on which they trade.

In certain instances, such as when reliable market valuations are not readily available, a Fund’s investments, which include derivatives, will be fair valued in accordance with the Fund’s valuation policy. The Board of Trustees has established a valuation committee (the “Valuation Committee”) which is comprised of senior representatives of WTAM and which reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Valuation Committee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events.” An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Valuation Committee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including each Fund’s assumptions in determining the fair value of investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or

 

WisdomTree Trust      143  


Notes to Financial Statements (unaudited) (continued)

 

events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:

Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued on the basis of broker-dealer quotations or prices obtained from independent pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative instruments can be estimated by an independent pricing service provider using a series of techniques including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as issuer details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.

Determination of a fair value by the Valuation Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Valuation Committee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Valuation Committee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.

The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date and significant transfers into or out of Level 3 of the fair value hierarchy during the six months or period ended December 31, 2022, if any, are included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts as well as gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically foreign currency contracts, equity futures contracts and interest rate futures contracts during the fiscal period ended December 31, 2022 and open positions in such derivatives as of December 31, 2022 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Credit risk is where the financial condition of an issuer of a security or instrument may cause it to default or become unable to pay interest or principal due on the security or where the counterparty to a derivative contract might default on its obligations. The maximum exposure to derivatives agreements with credit risk would be the total value of derivatives in net liability positions for each Fund, as disclosed in the table included in Note 2—Master Netting Arrangements. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of December 31, 2022, if any, is reflected as a footnote within each Fund’s Schedule of Investments.

As of December 31, 2022, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Dynamic Currency Hedged International Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 59,227      Unrealized depreciation on
foreign currency contracts
   $ 3,947,330  

Dynamic Currency Hedged International SmallCap Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     75,049      Unrealized depreciation on
foreign currency contracts
     2,237,720  

 

144   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location      Value  

International ESG Fund

        

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 5       
Unrealized depreciation on
foreign currency contracts

 
   $  

Emerging Markets Efficient Core Fund

 

Interest rate risk

   Unrealized appreciation on
futures contracts*
     10,442       
Unrealized depreciation on
futures contracts*

 
     108,984  

International Efficient Core Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
           
Unrealized depreciation on
foreign currency contracts

 
     48  

Interest rate risk

   Unrealized appreciation on
futures contracts*
     22,813       
Unrealized depreciation on
futures contracts*

 
     612,180  

U.S. Efficient Core Fund

 

Interest rate risk

   Unrealized appreciation on
futures contracts*
     97,348       
Unrealized depreciation on
futures contracts*

 
     2,234,873  

Artificial Intelligence and Innovation Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     0 1      
Unrealized depreciation on
foreign currency contracts

 
      
  * 

Includes cumulative appreciation (depreciation) of futures contracts as reported in each Fund’s Schedule of Investments. Only current day’s variation margin is reported within the Statements of Assets and Liabilities. Please see Note 2 (Futures Contracts) on page 148 for additional information regarding balance sheet location of balances associated with futures contracts.

 

  1 

Amount represents less than $1.

For the six months or period ended December 31, 2022, the effects of derivative instruments on each applicable Fund’s financial

performance as reflected in the Statements of Operations are presented in the summary below:

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

Dynamic Currency Hedged International Equity Fund

 

Foreign currency risk

   $ 7,419,062      $ (8,105,541

Dynamic Currency Hedged International SmallCap Equity Fund

 

Foreign currency risk

     2,371,676        (3,738,586

Emerging Markets ESG Fund

 

Foreign currency risk

     (5,431       

Emerging Markets ex-China Fund3

 

Equity risk

     (513       

Foreign currency risk

     (38,696       

International ESG Fund

 

Foreign currency risk

     (352      4  

Emerging Markets Efficient Core Fund

 

Foreign currency risk

     (8,351      (1,119

Interest rate risk

     (1,542,684      159,178  

International Efficient Core Fund

 

Foreign currency risk

     (65,704      (602

Interest rate risk

     (3,966,896      (67,860

U.S. Efficient Core Fund

 

Foreign currency risk

     37         

Interest rate risk

     (29,453,966      2,621,784  

Artificial Intelligence and Innovation Fund

 

Foreign currency risk

     701        0 4 

Battery Value Chain and Innovation Fund

 

Foreign currency risk

     1,699        (2

BioRevolution Fund

 

Foreign currency risk

     (882       

 

WisdomTree Trust      145  


Notes to Financial Statements (unaudited) (continued)

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

Cybersecurity Fund

     

Foreign currency risk

   $ 1,096      $  
  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

 

Equity risk

   Net realized gain (loss) from futures contracts

Foreign currency risk

   Net realized gain (loss) from foreign currency contracts

Interest rate risk

   Net realized gain (loss) from futures contracts
  2 

Change in unrealized appreciation (depreciation) is located on the Statements of Operations as follows:

 

Equity risk

   Net increase (decrease) in unrealized appreciation/depreciation from futures contracts

Foreign currency risk

   Net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts

Interest rate risk

   Net increase (decrease) in unrealized appreciation/depreciation from futures contracts
  3 

For the period September 22, 2022 (commencement of operations) through December 31, 2022.

 

  4 

Amount represents less than $1.

During the six months or period ended December 31, 2022, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver USD)
    

Foreign currency

contracts
(to receive USD)

     Futures
contracts
(long)
 

Dynamic Currency Hedged International Equity Fund

 

Foreign currency risk

   $ 129,145,003      $ 242,286,589      $  

Dynamic Currency Hedged International SmallCap Equity Fund

 

Foreign currency risk

     61,845,837        114,341,015         

Emerging Markets ESG Fund

 

Foreign currency risk

     3,487        2,601         

Emerging Markets ex-China Fund1

 

Equity risk2

                   52,483  

Foreign currency risk

     84,060        112,589         

International ESG Fund

 

Foreign currency risk

     847        2,988         

Emerging Markets Efficient Core Fund

 

Foreign currency risk

     34,328        165,688         

Interest rate risk

                   21,484,854  

International Efficient Core Fund

 

Foreign currency risk

     5,022        458,703         

Interest rate risk

                   74,611,674  

U.S. Efficient Core Fund

 

Foreign currency risk2

     288                

Interest rate risk

                   425,049,644  

Artificial Intelligence and Innovation Fund

 

Foreign currency risk

     114        43         

Battery Value Chain and Innovation Fund

 

Foreign currency risk

     1,683        256         

BioRevolution Fund

 

Foreign currency risk

            494         

Cloud Computing Fund

 

Foreign currency risk

     4,492        22,402         

Cybersecurity Fund

 

Foreign currency risk2

     90,545        111,969         
  1

For the period September 22, 2022 (commencement of operations) through December 31, 2022.

 

  2 

The volume of derivative activity for the period is based on intra-month balances.

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost

 

146   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date or, with respect to foreign dividends, as soon as practicable after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized at the fair value of securities received on the ex-dividend date or as soon as practicable after the existence of a dividend declaration has been determined. On each measurement date, the Funds evaluate the collectability of receivable balances. Generally, the Funds will write-off dividend receivable balances that are canceled by the issuer as of the date that the dividend receivable cancellation notification was publicly made available or when it becomes probable that dividends will not be collected and the amount of uncollectable dividends can be reasonably estimated. In addition, the Funds generally will write-off interest receivable balances in default by the issuer as of the date any applicable interest payment grace period or forbearance period expires or as of the date any interest payment cancellation notification was publicly made available or when it becomes probable that interest will not be collected and the amount of uncollectable interest can be reasonably estimated. Interest income (including amortization of premiums and accretion of discounts), less any foreign taxes withheld, is accrued daily. Generally, amortization of premiums and accretion of discounts are recognized daily using the effective interest method (also known as the scientific amortization method). Income earned from securities lending activities (i.e., securities lending income), net of fees payable to the securities borrower and/or securities lending agent, is accrued daily.

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of “net realized gain (loss) from investment transactions” and “net increase (decrease) in unrealized appreciation/depreciation from investment transactions”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses from foreign currency contracts are included in “net realized gain (loss) from foreign currency contracts” and “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in “net realized gain (loss) from foreign currency related transactions” and/or “net increase (decrease) in unrealized appreciation/depreciation from translation of assets and liabilities denominated in foreign currencies” in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses — Under the investment advisory agreement for each Fund, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions (including without limitation any fees, charges, taxes, levies or expenses related to the purchase or sale of an amount of any currency, or the patriation or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Foreign Currency Contracts — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds, other than the Currency Hedged Equity Funds, do not expect to engage in currency transactions for the purpose of hedging against currency exposures of the Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes. During the fiscal period ended December 31, 2022, the Funds, except for the Currency Hedged Equity Funds, utilized foreign currency contracts primarily to facilitate foreign security settlements. The Currency Hedged Equity Funds utilized foreign currency contracts primarily to dynamically offset applicable international currency exposure from positions in international equities. A foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the

 

WisdomTree Trust      147  


Notes to Financial Statements (unaudited) (continued)

 

contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.

Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss) from foreign currency contracts on the Statements of Operations.

Futures Contracts — The Emerging Markets ex-China Fund utilized equity futures contracts on a temporary basis during the period to obtain market exposure consistent with its investment objective during the Fund’s annual portfolio rebalance. The Emerging Markets Efficient Core Fund utilized futures contracts to obtain long exposure to equity futures contracts and U.S. Treasury obligations consistent with its investment strategy. The International Efficient Core Fund and U.S. Efficient Core Fund primarily utilized futures contracts to obtain long exposure to U.S. Treasury obligations consistent with their investment strategy. When a Fund purchases a listed futures contract, it agrees to purchase a specified reference asset (e.g., equity, currency or U.S. Treasury security, collectively herein, “Reference Asset”) at a specified future date. When a Fund sells a listed futures contract, it agrees to sell a specified Reference asset at a future date. The price at which the purchase and sale will take place is fixed when the Fund enters into the contract. A Fund may also cash settle upon the expiration date of a futures contract in which no physical delivery (or receipt) of the specified Reference Asset comprising the futures contract is made. Instead, settlement in cash would occur upon the expiration of the contract, with the cash settlement being the difference between the contract price and the actual price of the specified Reference Asset at the expiration date. The exchange clearing corporation is the ultimate counterparty for all exchange-listed contracts, so credit risk is limited to the creditworthiness of the exchange clearing corporation.

Upon entering into a futures contract, a Fund is required to deliver to a broker an amount of cash and/or U.S. government securities equal to a certain percentage of the contract amount. This amount is known as the “initial margin”. Cash deposited as initial margin, if any, is shown as “Deposits at broker for futures contracts” in the Statement of Assets and Liabilities, and U.S. government securities deposited, if any, are designated in the Schedule of Investments. Subsequent payments, known as “variation margin”, generally are made or received by the Fund each day or at other agreed-upon time periods depending on the fluctuations in the value of the underlying futures contracts, except that in the case of certain futures contracts, variation margin payments may be made or received when the futures contract expires. Variation margin is recorded for financial statement purposes on a daily basis as an unrealized gain or loss on futures until the financial futures contract is closed, at which time the unrealized net gain or loss is reclassified to realized gain or loss on futures. The current one-day variation margin on open futures contracts is shown on the Statements of Assets and Liabilities as either a receivable or a payable for “Net variation margin on futures contracts”. The variation margin received or paid by the Funds, that is on deposit with the broker, on both open and closed futures contracts and certain futures contracts where variation margin is received or paid by the Funds on the expiration date, are shown in the Statements of Assets and Liabilities, in whole or in part, as a component of, or an offset to, “Deposits at broker for futures contracts” or “Deposits due to broker for future contracts”. Deposits at broker utilized for futures contract margin requirements generally are restricted from withdrawal. Prior to August 19, 2022, when a Fund purchased or sold a futures contract, the Fund was required to “cover” its position in order to limit the risk associated with the use of leverage and other related risks. To cover its position, a Fund would segregate assets consisting of, or take other measures with respect to, cash or liquid securities that, when added to any amounts deposited with a futures commission merchant as margin, would “cover” its position in a manner consistent with the 1940 Act or the rules and SEC interpretations thereunder. This functioned as a practical limit on the amount of leverage which a Fund could undertake and on the potential increase in the speculative character of a Fund’s outstanding portfolio securities. Effective August 19, 2022, the Funds have adopted a derivatives risk management program that is reasonably designed to manage the Funds’ derivatives risk. Please see Note 7 “Recent Regulatory Update” for information on new regulations governing the use of derivatives by the Funds.

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from

 

148   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, a Fund enters into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) with its counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives (“OTC”), such as foreign currency contracts, and typically contains, among other things, collateral posting terms, netting and rights of set-off provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and receivables to create a single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out netting) or similar event, including the bankruptcy or insolvency of the counterparty.

Collateral requirements generally differ by type of derivative. Collateral terms are contract-specific for OTC derivatives (e.g., foreign currency contracts, options and certain swaps). To the extent amounts due to a Fund from its derivatives counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from a counterparty’s non-performance.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Each Fund’s futures contracts are all exchange traded and are not subject to master netting arrangements. Therefore, all futures contracts are excluded from the netting table herein.

 

WisdomTree Trust      149  


Notes to Financial Statements (unaudited) (continued)

 

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of December 31, 2022, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
   

Net Amount

   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
       
Fund   Financial
Instruments
    Collateral
Received
    Financial
Instruments
    Collateral
Posted
    Net Amount  

Dynamic Currency Hedged International Equity Fund

               

Securities Lending

  $ 15,410,764     $     $ (15,410,764 )1    $     $     $     $     $  

Foreign Currency Contracts

    59,227       (58,918           309       3,947,330       (58,918           3,888,412  

Dynamic Currency Hedged International SmallCap Equity Fund

               

Securities Lending

    13,799,312             (13,799,312 )1                               

Foreign Currency Contracts

    75,049       (64,064           10,985       2,237,720       (64,064           2,173,656  

Emerging Markets ESG Fund

               

Securities Lending

    974,306             (974,306 )1                               

International ESG Fund

               

Securities Lending

    235,227             (235,227 )1                               

Foreign Currency Contracts

    5                   5                          

U.S. Corporate Bond Fund

               

Securities Lending

    174,201             (174,201 )1                               

U.S. High Yield Corporate Bond Fund

               

Securities Lending

    9,015,639             (9,015,639 )1                               

U.S. Short-Term Corporate Bond Fund

               

Securities Lending

    868,544             (868,544 )1                               

Emerging Markets Efficient Core Fund

               

Securities Lending

    165,191             (165,191 )1                               

International Efficient Core Fund

               

Securities Lending

    750,410             (750,410 )1                               

Foreign Currency Contracts

                            48                   48  

U.S. Efficient Core Fund

               

Securities Lending

    605,203             (605,203 )1                               

Artificial Intelligence and Innovation Fund

               

Securities Lending

    41,815             (41,815 )1                               

Foreign Currency Contracts

    0 2                  0 2                         

Battery Value Chain and Innovation Fund

               

Securities Lending

    274,885             (274,885 )1                               

BioRevolution Fund

               

Securities Lending

    54,634             (54,634 )1                               

Cloud Computing Fund

               

Securities Lending

    38,618,121             (38,618,121 )1                               

Cybersecurity Fund

               

Securities Lending

    3,465,200             (3,465,200 )1                               
  1

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

 

  2

Amount represents less than $1.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

 

150   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

Emerging Markets Investments—Investments in securities listed and traded in emerging markets are subject to additional risks that may not be present for U.S. investments or investments in more developed non-U.S. markets. Such risks may include: (i) greater market volatility; (ii) lower trading volume; (iii) greater social, political and economic uncertainty; (iv) governmental controls on foreign investments and limitations on repatriation of invested capital; (v) the risk that companies may be held to lower disclosure, corporate governance, auditing and financial reporting standards than companies in more developed markets; and (vi) the risk that there may be less protection of property rights than in other countries. Emerging markets are generally less liquid and less efficient than developed securities markets.

Foreign currency (restricted)—Restricted foreign currency is subject to legal or contractual restriction by third parties as well as a restriction to withdrawal or use. Under sanctions imposed by the United States (“U.S.”) and the European Union (“E.U.”) against Russia and certain Russian issuers pertaining to Russia’s invasion of Ukraine, payments (such as dividend payments or interest payments) made by sanctioned issuers to entities domiciled in the U.S., such as the Funds, or E.U. are restricted from withdrawal or use by the Funds.

During the period ended December 31, 2022, the Emerging Markets ESG Fund and the Emerging Markets Efficient Core Fund received dividend payments from sanctioned Russian issuers having a U.S.-dollar equivalent as shown in the Statements of Assets and Liabilities under “Foreign currency (restricted), at cost”, which are held in a foreign cash account held by the funds’ custodian and is restricted from withdrawal or use. These amounts have been fair valued using significant unobservable inputs by WTAM’s Valuation Committee and is shown in the Statements of Assets and Liabilities under “Foreign currency (restricted), at value”.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations (i.e., tax basis) which may differ to amounts determined under GAAP (i.e, book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital.

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (“Mellon”) to provide sub-advisory services to the Funds, except for U.S. Corporate Bond Fund, U.S. High Yield Corporate Bond Fund and U.S. Short-Term Corporate Bond Fund which are sub-advised by Voya Investment Management Co., LLC (“Voya IM”). Mellon and Voya IM are compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.

 

WisdomTree Trust      151  


Notes to Financial Statements (unaudited) (continued)

 

WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:

 

   
Fund    Advisory
Fee Rate
 

Dynamic Currency Hedged International Equity Fund

     0.40

Dynamic Currency Hedged International SmallCap Equity Fund

     0.48

Emerging Markets ESG Fund

     0.32

Emerging Markets ex-China Fund1

     0.32

International ESG Fund

     0.30

U.S. Corporate Bond Fund

     0.18

U.S. High Yield Corporate Bond Fund

     0.38

U.S. Short-Term Corporate Bond Fund

     0.18

Emerging Markets Efficient Core Fund

     0.32

International Efficient Core Fund

     0.26

U.S. Efficient Core Fund

     0.20

Artificial Intelligence and Innovation Fund

     0.45

Battery Value Chain and Innovation Fund

     0.45

Bio Revolution Fund

     0.45

Cloud Computing Fund

     0.45

Cybersecurity Fund

     0.45
  1 

Since the commencement of operations on September 22, 2022.

During the six months ended December 31, 2022, the U.S. Short-Term Corporate Bond Fund received a voluntary reimbursement of $150 from Voya for investment losses due to an operational error. During the six months ended December 31, 2022, the Emerging Markets Efficient Core Fund received a voluntary reimbursement of $76 from Mellon for investment losses due to an operational error. The dollar amount of the voluntary reimbursements is shown in the Statements of Operations in “Net increase from payment by affiliate”.

Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal period ended December 31, 2022, as applicable, are included in an “Investment in Affiliates” supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of the advisory fees, that it would otherwise charge, in an amount equal to the indirect AFFEs (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) attributable to each Fund’s investment in affiliated ETFs. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.

During the six months ended December 31, 2022, certain Funds engaged in purchase and sale transactions with funds that have a common investment adviser, WTAM. These interfund purchase and sale transactions were effected in accordance with Rule 17a-7 under the 1940 Act. For the six months ended December 31, 2022, the cost of purchases, proceeds from sales and the net realized gain or loss recognized upon the disposal of securities resulting from interfund transactions are shown in the following table:

 

       
Fund    Purchases      Sales      Net Realized
Gain/(Loss)
 

Dynamic Currency Hedged International Equity Fund

   $ 8,499,861      $ 8,015,589      $ (2,527,320

Dynamic Currency Hedged International SmallCap Equity Fund

     2,179,294        3,533,625        (748,583

 

152   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

WTAM and/or WisdomTree (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months or period ended December 31, 2022, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:

 

       
     At December 31, 2022            For the six-months ended
December 31, 2022
 
Fund    Fund Shares
held by WT
     Market Value of
Fund Shares
held by WT
            Dividends and Distributions
paid to WT on Fund
Shares held by WT
 

Dynamic Currency Hedged International Equity Fund

     667      $   19,510              $ 295  

International ESG Fund

     338        8,548                91  

U.S. Corporate Bond Fund

                           7,380  

U.S. High Yield Corporate Bond Fund

     536        23,546                661  

U.S. Short-Term Corporate Bond Fund

     364        17,015                18,798  

Emerging Markets Efficient Core Fund

     43        1,141                24  

International Efficient Core Fund

     198        6,283                43  

U.S. Efficient Core Fund

     399        12,948                93  

Cloud Computing Fund

     86        2,157                 

Cybersecurity Fund

     137        2,086                1  

4. CAPITAL SHARE TRANSACTIONS

As of December 31, 2022, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof. Except when aggregated in creation units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities and/or an amount of cash. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding short-term investments) for the six months or period ended December 31, 2022 are shown in the following table. Realized gains and losses on sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Dynamic Currency Hedged International Equity Fund

   $ 62,924,570      $ 55,193,967      $ 37,722,463      $  

Dynamic Currency Hedged International SmallCap Equity Fund

     55,903,534        52,437,964        57,289,174         

Emerging Markets ESG Fund

     5,300,468        5,521,486                

Emerging Markets ex-China Fund1

     14,270,970        2,518,738        2,431,268         

International ESG Fund

     2,426,260        2,423,226                

U.S. Corporate Bond Fund

     3,417,029        3,392,922               31,360,890  

U.S. High Yield Corporate Bond Fund

     19,912,723        19,139,222        21,967,133        34,985,414  

U.S. Short-Term Corporate Bond Fund

     11,814,139        11,878,401        4,784,761        9,165,774  

Emerging Markets Efficient Core Fund

     11,014,434        4,031,706        2,731,839        2,001,701  

International Efficient Core Fund

     3,850,313        3,193,817        117,770,988        16,909,327  

U.S. Efficient Core Fund

     25,993,806        44,347,935        118,272,322        78,859,711  

Artificial Intelligence and Innovation Fund

     236,427        236,134                

Battery Value Chain and Innovation Fund

     3,230,746        2,006,042        2,384,251         

BioRevolution Fund

     519,522        532,660               535,673  

Cloud Computing Fund

     140,063,097        141,898,222        245,460,264        227,072,444  

Cybersecurity Fund

     8,525,100        8,626,484               2,386,416  
  1 

For the period September 22, 2022 (commencement of operations) through December 31, 2022.

 

WisdomTree Trust      153  


Notes to Financial Statements (unaudited) (continued)

 

6. FEDERAL INCOME TAXES

At December 31, 2022, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:

 

         
    Investments in Long Securities           Investments in Financial Derivatives1        
Fund   Tax Cost     Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
    Net Unrealized
Appreciation/
(Depreciation)
           Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
    Net
Unrealized
Depreciation
   

Total Net
Unrealized
Appreciation/

(Depreciation)

 

Dynamic Currency Hedged International Equity Fund

  $ 214,941,101     $ 20,521,534     $ (6,253,874   $ 14,267,660             $ 777     $ (131,336   $ (130,559   $ 14,137,101  

Dynamic Currency Hedged International SmallCap Equity Fund

    121,224,450       9,127,602       (4,531,093     4,596,509               1,042       (119,171     (118,129     4,478,380  

Emerging Markets ESG Fund

    23,759,152       3,630,372       (2,454,658     1,175,714                                 1,175,714  

Emerging Markets ex-China Fund

    14,097,212       1,091,751       (420,242     671,509                                 671,509  

International ESG Fund

    7,582,950       561,620       (456,030     105,590                                 105,590  

U.S. Corporate Bond Fund

    9,936,362       3,690       (1,221,350     (1,217,660                               (1,217,660

U.S. High Yield Corporate Bond Fund

    186,158,138       178,622       (23,263,066     (23,084,444                               (23,084,444

U.S. Short-Term Corporate Bond Fund

    39,464,550       5,989       (1,800,546     (1,794,557                               (1,794,557

Emerging Markets Efficient Core Fund

    44,344,098       886,887       (7,917,240     (7,030,353                               (7,030,353

International Efficient Core Fund

    185,627,281       5,774,287       (12,607,419     (6,833,132                   (48     (48     (6,833,180

U.S. Efficient Core Fund

    691,450,338       47,342,796       (94,175,364     (46,832,568                               (46,832,568

Artificial Intelligence & Innovation Fund

    1,053,541       17,435       (351,576     (334,141                               (334,141

Battery Value Chain and Innovation Fund

    5,459,043       222,028       (686,421     (464,393                               (464,393

BioRevolution Fund

    5,105,850       344,909       (1,258,179     (913,270                               (913,270

Cloud Computing Fund

    1,118,285,996       3,500,825       (536,142,825     (532,642,000                               (532,642,000

Cybersecurity Fund

    48,164,872       190,012       (19,243,348     (19,053,336                               (19,053,336
  1 

Certain financial derivatives may be considered section 1256 contracts under the Code. Each section 1256 contract held at the close of a taxable year shall be treated as sold for its fair market value on the last business day of such taxable year (and any realized gain and loss shall be taken into account for the taxable year). As such, the unrealized appreciation/(depreciation) for financial derivatives on a tax basis may not correspond to the unrealized appreciation/(depreciation) on a GAAP basis. The unrealized appreciation/(depreciation) for financial derivatives on a GAAP basis is located in the respective financial derivatives tables in each Fund’s Schedule of Investments.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign withholding taxes, as applicable, are accrued based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Foreign withholding taxes are accrued and applied to foreign income, net realized capital gains and net unrealized appreciation, as applicable, as the foreign income is earned or capital gains and unrealized appreciation are recorded. The dollar amount of applicable foreign withholding taxes on foreign income is included net in the Statements of Operations in “Less: Foreign withholding taxes”, the foreign capital gains tax applicable on the disposal of securities is included in the Statements of Operations in “Net realized gain (loss) from investment transactions” and the dollar amount of deferred foreign capital gains tax applicable on the unrealized appreciation on securities held is included in the Statements of Operations in “Net increase (decrease) in unrealized appreciation/depreciation from investment transactions”. The Funds record a foreign tax reclaim receivable on the ex-dividend date if the tax reclaim is “more likely than not” to be sustained assuming examination by tax authorities. This determination is based on, among other things, a jurisdiction’s legal obligation to pay reclaims as well as payment history and market convention. Foreign tax reclaims that have been recorded but not yet received are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

As a result of several European Court of Justice (“ECJ”) court cases in certain countries across the European Union (“EU”), certain Funds have filed additional tax reclaims for previously withheld taxes on dividends earned in those countries (“ECJ tax reclaims”). These additional filings are subject to various administrative proceedings by the local jurisdictions’ tax authorities within the EU, as well as a number of related judicial proceedings. Income recognized, if any, for ECJ tax reclaims is reflected as “Other income” in the Statements of Operations and the cost to file these additional ECJ tax reclaims is reflected as “Other fees” in the Statements of Operations. When the ECJ tax reclaim is not “more likely than not” to be sustained assuming examination by tax authorities due to the uncertainty that exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these ECJ tax reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. For U.S. income tax purposes, ECJ tax reclaims received by the Funds, if any, reduce the amounts of foreign taxes Fund shareholders can use as tax credits in their individual income tax returns. In the event that ECJ tax reclaims received by a Fund during the fiscal year exceed foreign withholding taxes paid, and a Fund previously passed foreign tax credits on to its shareholders, a Fund must either amend historic tax reporting to shareholders or enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the respective Fund’s shareholders. During the fiscal period ended December 31, 2022, the ECJ tax reclaims received by the Funds did not exceed the foreign withholding taxes of the respective Funds.

 

154   WisdomTree Trust


Notes to Financial Statements (unaudited) (concluded)

 

7. RECENT REGULATORY UPDATE

Effective August 19, 2022, the Funds have adopted policies and procedures reasonably designed to comply with new regulations issued by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework used by the Funds prior to August 19, 2022 to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. Rule 18f-4 has not had a material impact on the Funds’ financial statements.

The fair valuation Rule 2a-5 went into effect on September 8, 2022. The Rule sets forth requirements for determining the fair value of portfolio securities and establishes a framework focused on process, testing and oversight. The Rule allows fund boards to designate a valuation designee responsible for performing fair value determinations in good faith. WTAM has been designated as the Valuation Designee for the Funds and is responsible for assessing material risks, establishing fair value methodologies, testing the appropriateness and accuracy of the methodologies and overseeing third-party pricing vendors. Under the new fair valuation policies, WTAM is responsible for regular quarterly reporting of any material fair valuation matter, annual reporting on the adequacy of the Valuation Designee’s processes, and the prompt notification to the board of any material impact of the fair value process on portfolio investments.

8. RECENT ACCOUNTING PRONOUNCEMENT

In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”), Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sales Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on a sale of an equity security is not considered a part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction(s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM is currently evaluating the impact that the adoption of ASU 2202-03 will have on the Trust’s financial statements and related disclosures.

9. ADDITIONAL INFORMATION

The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally since 2019, resulting in a global pandemic and major disruption to global markets and economies. In an organized attempt to contain and mitigate the effects of COVID-19, governments and businesses world-wide took aggressive measures, including businesses canceling dividends to preserve cash, governments closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations. COVID-19 has resulted in the disruption of and delays in the delivery of healthcare services and processes, the cancellation of organized events and educational institutions, the disruption of production and supply chains, a decline in consumer demand for certain goods and services, and general concern and uncertainty, all of which have contributed to increased volatility in global markets. In recent months, however, the rapid COVID-19 vaccination rollout in the United States and certain other developed countries, coupled with the passage of stimulus programs in the U.S. and abroad, have resulted in a reversal of many of these trends including the re-opening of businesses, a reduction in quarantine requirements, increased consumer demand, and the resumption of certain in-person schooling, travel and events. Despite these positive trends, the prevalence of new COVID-19 variants, a failure to achieve herd immunity, or other unforeseen circumstances may result in the continued spread of the virus throughout unvaccinated populations or a resurgence in infections among vaccinated populations. As a result, it remains unclear if recent positive trends will continue in developed markets and whether such trends will spread world-wide to countries with limited access to vaccines that are still experiencing rising COVID-19 cases, hospitalizations and deaths.

The effects of COVID-19 have affected and are likely to continue to affect certain sectors and industries more dramatically than others, and the effects borne by some will negatively affect the value of the issuers in those sectors and industries, which may adversely affect the value of a Fund’s investments in those sectors or industries. It is also true that the speed at which global economies recover, or fail to recover, from the COVID-19 pandemic will affect certain sectors, industries, and issuers more dramatically than others, which in turn may adversely affect certain Fund investments.

COVID-19, and other epidemics and pandemics that may arise in the future, could adversely affect the economies of many nations, the global economy, individual companies and capital markets in ways that cannot be foreseen at the present time. In addition, the impact of infectious diseases in developing or emerging market countries may be greater due to limited health care resources, including access to COVID-19 vaccinations and treatments. Political, economic and social stresses caused by COVID-19 also may exacerbate other pre-existing political, social and economic risks in certain countries. The duration of COVID-19 and its effects

 

WisdomTree Trust      155  


Notes to Financial Statements (unaudited) (concluded)

 

cannot be determined fully at this time, but the effects could be present for an extended period of time. It is impossible to predict the effects on the Funds of these or similar events and market conditions in the future. However, it is possible that these or similar events and market conditions could have a significant and adverse effect on the NAV and/or risk profile of a Fund.

*     *     *     *     *

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, and the United Kingdom made a commitment to phase out oil import from Russia by the end of 2022.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts or changes in consumer or purchaser preferences or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities and securities of issuers in other countries that are subject to economic sanctions related to the invasion or otherwise adversely affected by the sanctions. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further, an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.

 

156   WisdomTree Trust


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited)

 

Consideration of the Approval and Renewal of Investment Advisory and Sub-Advisory Agreements

(all applicable Funds except the WisdomTree Emerging Markets ex-China Fund)

At a meeting of the Board of Trustees (the “Board” or the “Trustees”) of the WisdomTree Trust (the “Trust”) held on September 19-20, 2022 (the “Meeting”), the Trustees, including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the renewal of (i) the Investment Advisory Agreements between WisdomTree Asset Management, Inc. (“WTAM”) and the Trust, on behalf of its applicable series (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), (ii) the Sub-Advisory Agreement (the “Mellon Sub-Advisory Agreement”), pursuant to which Mellon Investments Corporation (“Mellon”) coordinates the investment and reinvestment of the assets of the applicable Funds, and (iii) the Sub-Advisory Agreement (together with the Mellon Sub-Advisory Agreement, the “Sub-Advisory Agreements,” and, collectively with the Advisory Agreements and the Mellon Sub-Advisory Agreement, the “Agreements”), pursuant to which Voya Investment Management Co. LLC (“Voya,” and, together with Mellon, the “Sub-Advisers”) coordinates the investment and reinvestment of the assets of the applicable Funds.

The Trustees requested, and WTAM provided, such information as the Trustees, with advice from counsel to the Trust and independent legal counsel, deemed reasonably necessary to evaluate the Agreements. At a meeting of a committee of Independent Trustees (the “Contracts Review Committee”) held on August 11, 2022, representatives from WTAM presented detailed information to the Trustees relating to the continuance of the Agreements, and the Trustees, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the Meeting.

The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Advisers. In considering the approval and renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Each Fund was considered separately.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds. The Board considered information provided to them at the Meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Advisers’ operational capabilities and resources. The Board also discussed the role of WisdomTree, Inc. (“WT”), the parent of WTAM, as index provider to certain Funds, which comprise the substantial majority of assets in the WisdomTree fund complex. The Board noted that the strategies represented by those Funds tracking affiliated WT indexes are unique, based on WT’s intellectual property and are only available for use by applicable Funds through WTAM. The Board noted WTAM’s belief that shareholders have invested in such Funds on the strength of WT’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds based on the WT indexes. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including: the selection of, and supervisory responsibilities and activities over, the Sub-Advisers, including oversight of the Sub-Advisers’ adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Advisers’ buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Advisers and oversight of, and the provision of consultation to, the Sub-Advisers with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Funds’ portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Funds. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, tax matters, administration and legal assistance in meeting disclosure and regulatory requirements. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Advisers under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex and has made substantial investments to improve the services offered by WTAM, which benefit Fund shareholders.

Based on review of this information and the other factors considered at the Meeting, the Board concluded that the nature, extent and quality of services provided by WTAM and the Sub-Advisers under the Advisory Agreements and Sub-Advisory Agreements, respectively, are adequate and appropriate and supported the Board’s approval of the approval and renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio. The Board reviewed reports prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, which included information (1) measuring each index Fund’s performance by how well it tracked the relevant benchmark index, (2) comparing, with respect to the actively-managed Funds, each Fund’s performance with the performance of a group of comparable funds (the “Performance Group”) for various periods ended May 31, 2022, and (3) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Broadridge as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Broadridge used to select the Performance Groups, Expense Groups and Expense Universes. The

 

WisdomTree Trust      157  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (continued)

 

Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index and index-based exchange traded funds (“ETFs”) as comparison funds, except that the Performance Groups, Expense Groups and Expense Universes for the actively-managed Funds included only actively-managed ETFs as comparison funds. The Board also noted that due to the special characteristics of certain Funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Broadridge reports may or may not provide meaningful direct comparisons to the Funds.

The Board discussed the index Funds’ performance, noting that the substantial majority of index Funds seek to track their own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board also discussed the performance of the actively-managed Funds and noted that total return performance of the Funds was variously above, at and below the relevant Performance Group medians for the time periods measured. In response to questions from the Independent Trustees, WTAM representatives discussed the relative performance of the Funds and the factors affecting such performance. On that basis, the Board determined to continue to monitor carefully disparities in performance — both positive and negative — but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or a Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes generally included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of all or a portion of their management fees and reimbursement of certain operating expenses. The Board noted that the total expenses of many of the Funds were within five basis points of the median or average total expenses of the funds in the Funds’ respective Expense Groups. In those specific instances where a Fund’s total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to the limitations within peer data and/or the unique attributes of a Fund.

The Board considered the fees to the Sub-Advisers in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Advisers and WTAM. The Board also noted that the Sub-Advisers’ fees are paid by WTAM (out of its fee paid by the relevant Funds) and not the Funds. The Board considered the meaningful differences in the services that WTAM provides to the Funds as compared to the Sub-Advisers, including that the role of a Sub-Adviser in making investment recommendations with respect to a Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the role of a Sub-Adviser in making investment recommendations with respect to a Fund that is model-based, with oversight by WTAM in seeking to ensure consistency with such quantitative models. The Board also considered the entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to a Sub-Adviser), regardless of whether the asset size of a Fund has grown to a sufficient size.

Based on this review and the other factors considered at the Meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the relevant Sub-Adviser and the Fund’s total expenses supported the Board’s approval and renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale. WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Advisers, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized material economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole and the relative size and asset size changes among the Funds. The Board noted that, in the past, certain Funds had grown rapidly over a relatively short period of time after longer periods of slow or no growth, during which there were years of losses for WTAM in managing such Funds that had only recently turned profitable and years of substantial cumulative losses to WTAM in managing the fund complex as a whole. WTAM representatives stated that there has been significant volatility in the assets of individual Funds and in the fund complex as a whole over time (including volatility in profitability) and that it was not clear that current asset levels will be maintained. WTAM representatives noted that assets in certain Funds have diminished at times at a rapid rate (including during the last year) and could continue to do so. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the unitary fee structure of the Trust, as well as through additional investment in the WisdomTree business. The Board noted that the

 

158   WisdomTree Trust


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (continued)

 

Contracts Review Committee had focused on the issue of economies of scale during its meetings. The Board also noted that it would continue to monitor the sharing of economies of scale, focusing in particular on Funds that have experienced significant asset growth, to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Advisers from acting as investment adviser and sub-advisers, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were consistent with the services rendered and service levels provided by WTAM and the entrepreneurial risk WTAM has undertaken over time.

*    *    *    *    *    *

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the approval to renew the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Advisers, of the Funds and the services provided to the Funds by WTAM and the Sub-Advisers. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the renewal of the Agreements.

Consideration of the Approval of Investment Advisory and Sub-Advisory Agreements

WisdomTree Emerging Markets ex-China Fund (the “Fund”)

At a meeting of the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”) held on March 9-10, 2022, the Trustees (the “Trustees”), including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the approval of the Investment Advisory Agreement (the “Advisory Agreement”), pursuant to which WisdomTree Asset Management, Inc. (“WTAM”) will provide the Fund with investment advisory services, and the Sub-Advisory Agreement (together with the Advisory Agreement, the “Agreements”), pursuant to which Mellon Investments Corporation will coordinate the investment and reinvestment of the assets of the Fund.

In considering whether to approve the Agreements, the Trustees considered and discussed information and analysis provided by WTAM and Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data. The Trustees noted that representatives from WTAM presented preliminary information to the Trustees regarding the Fund’s proposed investment objective and principal investment strategies and risks at a meeting of the Trust’s Investment Committee, a committee of Independent Trustees, on December 3, 2021. The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Adviser. In considering the approval of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered.

Analysis of Nature, Extent, and Quality of Services to be Provided to the Fund. The Board considered information provided to them at the meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the WisdomTree funds, recognizing WTAM’s and the Sub-Adviser’s operational capabilities and resources. It was noted that the WisdomTree Emerging Markets ex-China Fund would be passively managed. The Board noted WTAM’s belief that shareholders will invest in the Funds on the strength of WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds. The Board also noted the extensive responsibilities that WTAM will have as investment adviser to the Fund, including: the selection of, and supervisory responsibilities and activities over, the Sub-Adviser, including oversight of the Sub-Adviser’s adherence to the Fund’s investment strategy and restrictions, monitoring of the Sub-Adviser’s buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Adviser and oversight of, and the provision of consultation to, the Sub-Adviser with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Fund’s portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Fund. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM will provide oversight of day-to-day Fund operations, including fund accounting, tax matters, administration, compliance and legal assistance in meeting disclosure and regulatory requirements.

Based on review of this information and the other factors considered at the meeting, the Board concluded that the nature, extent and quality of services to be provided by WTAM and the Sub-Adviser under the Advisory Agreement and Sub-Advisory Agreement, respectively, are adequate and appropriate and supported the Board’s approval of the Agreements.

 

WisdomTree Trust      159  


Approval of Investment Advisory and Sub-Advisory Agreements (unaudited) (concluded)

 

Comparative Analysis of the Fund’s Performance, Advisory Fees and Fund Expenses. As the Fund has not yet commenced operations, the Board was not able to review the Fund’s performance. The Board discussed with WTAM representatives the portfolio management team and the investment strategies to be employed in the management of the Fund’s assets. The Board noted the reputation and experience of WTAM and the Sub-Adviser.

The Board considered the fees to be paid to WTAM by the Fund. The Board examined the fee to be paid by each Fund in light of fees paid to other investment advisers by comparable funds and the method of computing the Fund’s fee. The Board also considered the fee to be paid to the Sub-Advisers in relation to the fee to be paid to WTAM by the Fund and the respective services to be provided by the Sub-Adviser and WTAM. The Board also noted the Sub-Adviser’s fees will be paid by WTAM (out of its fee paid by the Fund) and not by the Fund. The Board considered the meaningful differences in the services that WTAM will provide to the Fund as compared to the Sub-Adviser, including that the role of the Sub-Adviser in making investment recommendations with respect to the Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the entrepreneurial and expense risk to be borne by WTAM that is associated with the Fund’s unitary fee structure, which includes minimum fees (such as those to the Sub-Adviser), regardless of whether the asset size of the Fund grows to a sufficient size. Based on this review, the Board concluded that the fees to be paid to WTAM and the Sub-Adviser supported the Board’s approval of the Agreements.

Analysis of Profitability and Economies of Scale. As the Fund has not yet commenced operations, WTAM representatives were not able to review the dollar amount of expenses allocated and profit received by WTAM, or any economies of scale. The Board considered potential benefits to WTAM and the Sub-Adviser from acting as investment adviser and sub-advisers, respectively. The Board also considered the uncertainty of the estimated asset levels and the renewal requirements for advisory agreements and their ability to review the advisory fees annually after the initial term of the Agreements. The Board determined that because the Fund had not yet commenced operations, economies of scale were not a factor, but, to the extent in the future it were determined that material economies of scale had not been shared with the Fund, the Board would seek to have those economies of scale shared with the Fund in connection with future renewals.

*    *    *    *    *    *

In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its knowledge, gained through meetings and other interactions with WTAM and the Sub-Adviser, of other funds advised by WTAM and the Sub-Adviser. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the Agreements.

 

160   WisdomTree Trust


General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: [email protected].

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com/investments.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com/investments.

 

WisdomTree Trust      161  


The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, Inc., its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Fixed income investments are subject to interest rate risk; their value will normally decline as interest rates rise. In addition, when interest rates fall income may decline. Fixed income investments are also subject to credit risk, the risk that the issuer of a bond will fail to pay interest and principal in a timely manner, or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline. High-yield or “junk” bonds have lower credit ratings and involve a greater risk to principal. While the Fixed Income Funds attempt to limit credit and counterparty exposure, the value of an investment in the Funds may change quickly and without warning in response to issuer or counterparty defaults and changes in the credit ratings of the Fund’s portfolio investments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

Indexes are unmanaged and you cannot invest directly in an index.

Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only by Authorized Participants in large creation unit sizes of shares.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.


LOGO

 

LOGO

 

Scan the QR code with your

smartphone camera to

 

LOGO

learn more at

WisdomTree.com/investments

 

WisdomTree Fund shares are distributed by Foreside Fund Services, LLC, in the U.S.

WTGM-7330