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WisdomTree Trust

Semi-Annual Report

December 31, 2021

 

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 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 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)

       16  
Schedules of Investments (unaudited)

 

WisdomTree Dynamic Currency Hedged International Equity Fund

       20  

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund

       32  

WisdomTree Emerging Markets ESG Fund

       44  

WisdomTree International ESG Fund

       48  

WisdomTree U.S. Corporate Bond Fund

       52  

WisdomTree U.S. High Yield Corporate Bond Fund

       60  

WisdomTree U.S. Short-Term Corporate Bond Fund

       68  

WisdomTree Emerging Markets Efficient Core Fund

       75  

WisdomTree International Efficient Core Fund

       81  

WisdomTree U.S. Efficient Core Fund

       87  

WisdomTree Artificial Intelligence and Innovation Fund

       94  

WisdomTree BioRevolution Fund

       96  

WisdomTree Cloud Computing Fund

       98  

WisdomTree Cybersecurity Fund

       100  

Statements of Assets and Liabilities (unaudited)

       101  

Statements of Operations (unaudited)

       104  

Statements of Changes in Net Assets (unaudited)

       107  

Financial Highlights (unaudited)

       112  

Notes to Financial Statements (unaudited)

       119  

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

       132  

General Information (unaudited)

       136  

“WisdomTree” is a registered mark of 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.

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, 2021 to December 31, 2021. 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, 2021 (unaudited)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.0%  

Industrials

    13.7%  

Materials

    11.7%  

Consumer Staples

    9.8%  

Health Care

    9.0%  

Consumer Discretionary

    8.8%  

Communication Services

    6.8%  

Utilities

    6.6%  

Information Technology

    4.1%  

Real Estate

    4.0%  

Energy

    3.6%  

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  

Nestle S.A., Registered Shares

    2.2%  

Rio Tinto PLC

    1.8%  

BHP Group Ltd.

    1.5%  

Novartis AG, Registered Shares

    1.3%  

Roche Holding AG

    1.2%  

Toyota Motor Corp.

    1.2%  

BHP Group PLC

    1.1%  

LVMH Moet Hennessy Louis Vuitton SE

    1.0%  

AXA S.A.

    1.0%  

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, 2021)

 

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

Actual

   $ 1,000.00      $ 1,036.60        0.41   $ 2.10  

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

       3.66      14.33      9.85      6.92      8.12

Fund Market Price Returns

       2.96      14.71      10.10      6.92      8.12

WisdomTree Dynamic Currency Hedged International Equity Index

       3.87      14.81      10.21      7.19      8.35

MSCI EAFE Local Currency Index

       5.28      18.70      13.35      8.36      8.85

MSCI EAFE Index

       2.24      11.26      13.54      9.55      9.11

MSCI EAFE Value Index

       0.19      10.89      7.82      5.34      6.34
* 

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, 2021 (unaudited)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.2%  

Financials

    15.3%  

Materials

    12.4%  

Consumer Discretionary

    12.1%  

Real Estate

    10.3%  

Information Technology

    7.1%  

Consumer Staples

    6.7%  

Health Care

    4.1%  

Communication Services

    3.9%  

Utilities

    3.0%  

Energy

    2.0%  

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  

Ferrexpo PLC

    1.3%  

PostNL N.V.

    1.0%  

Cia de Distribucion Integral Logista Holdings S.A.

    0.7%  

NetLink NBN Trust

    0.7%  

Peab AB, Class B

    0.7%  

Nexity S.A.

    0.6%  

Metropole Television S.A.

    0.6%  

Metcash Ltd.

    0.6%  

Oesterreichische Post AG

    0.5%  

Londonmetric Property PLC

    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, 2021)

 

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

Actual

   $ 1,000.00      $ 1,033.30        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

       3.33      16.11      12.47      8.21      9.48

Fund Market Price Returns

       3.93      17.69      12.58      8.51      9.67

WisdomTree Dynamic Currency Hedged International SmallCap Equity Index

       3.58      16.63      12.95      8.68      9.96

MSCI EAFE Small Cap Local Currency Index

       3.97      17.28      15.33      9.80      10.04

MSCI EAFE Small Cap Index

       0.97      10.10      15.62      11.04      10.43

MSCI EAFE Small Cap Value Index

       0.38      11.60      11.72      8.25      8.75
* 

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, 2021 (unaudited)

WisdomTree Emerging Markets ESG Fund (RESE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    25.7%  

Financials

    17.5%  

Consumer Discretionary

    17.1%  

Materials

    10.2%  

Consumer Staples

    8.3%  

Communication Services

    7.7%  

Industrials

    6.4%  

Health Care

    5.0%  

Utilities

    2.2%  

Real Estate

    0.1%  

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  

Taiwan Semiconductor Manufacturing Co., Ltd.

    7.4%  

Tencent Holdings Ltd.

    4.8%  

Samsung Electronics Co., Ltd.

    4.3%  

Infosys Ltd.

    1.4%  

SK Hynix, Inc.

    1.0%  

JD.com, Inc., ADR

    1.0%  

MediaTek, Inc.

    0.9%  

Housing Development Finance Corp., Ltd.

    0.9%  

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

    0.9%  

ICICI Bank Ltd.

    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, 2021)

 

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

Actual

   $ 1,000.00      $ 916.20        0.32   $ 1.55  

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

       -8.38      0.61      10.36      8.89      9.80

Fund Market Price Returns2

       -8.49      1.01      10.39      8.76      9.73

MSCI Emerging Markets Extended ESG Focus Index3

       -9.46      -2.25      11.87      N/A        N/A  

MSCI Emerging Markets Index

       -9.30      -2.54      10.94      9.87      10.14
* 

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 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, 2021 (unaudited)

WisdomTree International ESG Fund (RESD)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    17.3%  

Industrials

    15.0%  

Health Care

    14.8%  

Information Technology

    12.8%  

Consumer Staples

    11.8%  

Consumer Discretionary

    10.5%  

Materials

    6.3%  

Communication Services

    6.1%  

Utilities

    2.8%  

Real Estate

    1.9%  

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  

ASML Holding N.V.

    2.8%  

Nestle S.A., Registered Shares

    2.6%  

Roche Holding AG

    1.9%  

Novo Nordisk A/S, Class B

    1.7%  

Sony Group Corp.

    1.4%  

Novartis AG, Registered Shares

    1.3%  

AstraZeneca PLC

    1.3%  

SAP SE

    1.2%  

Diageo PLC

    1.2%  

L’Oreal S.A.

    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, 2021)

 

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

Actual

   $ 1,000.00      $ 1,025.40        0.30   $ 1.53  

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

       2.54      11.83      17.99      11.98      12.39

Fund Market Price Returns2

       2.60      12.58      18.15      12.06      12.44

MSCI EAFE Extended ESG Focus Index3

       2.53      11.66      14.43      N/A        N/A  

MSCI EAFE Index

       2.24      11.26      13.54      9.55      9.69
* 

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 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 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.

 

WisdomTree Trust      5  


Performance Summary

as of December 31, 2021 (unaudited)

WisdomTree U.S. Corporate Bond Fund (WFIG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    26.1%  

Health Care

    13.4%  

Information Technology

    11.9%  

Industrials

    9.8%  

Utilities

    8.8%  

Communication Services

    7.8%  

Consumer Staples

    6.0%  

Energy

    5.8%  

Consumer Discretionary

    4.5%  

Real Estate

    1.9%  

Materials

    1.7%  

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  

Oracle Corp.,
5.38%, 7/15/40

    1.3%  

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

    1.2%  

Bank of America Corp.,
1.90%, 7/23/31

    1.0%  

Wells Fargo & Co.,
1.65%, 6/2/24

    0.8%  

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

    0.7%  

Morgan Stanley,
7.25%, 4/1/32

    0.7%  

Citigroup, Inc.,
4.30%, 11/20/26

    0.7%  

Capital One Financial Corp.,
3.80%, 1/31/28

    0.6%  

Valero Energy Corp.,
3.40%, 9/15/26

    0.6%  

Enterprise Products Operating LLC,
5.95%, 2/1/41

    0.6%  
*

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, 2021)

 

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

Actual

   $ 1,000.00      $ 1,001.90        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

       0.19      -1.35      7.25      4.98      4.35

Fund Market Price Returns

       -0.13      -1.55      7.18      5.12      4.29

WisdomTree U.S. Corporate Bond Index

       0.47      -1.04      7.51      5.26      4.74

ICE BofA Merrill Lynch U.S. Corporate Index

       0.11      -0.95      7.50      5.28      4.80
* 

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.

 

6   WisdomTree Trust


Performance Summary

as of December 31, 2021 (unaudited)

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

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    17.2%  

Communication Services

    15.1%  

Energy

    11.4%  

Health Care

    9.8%  

Industrials

    9.0%  

Real Estate

    7.1%  

Consumer Staples

    6.9%  

Information Technology

    6.9%  

Financials

    6.7%  

Materials

    4.7%  

Utilities

    3.1%  

Other Assets less Liabilities‡

    2.1%  

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  

Uniti Group L.P.,
7.88%, 2/15/25

    1.1%  

Ford Motor Co.,
5.29%, 12/8/46

    1.0%  

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

    0.9%  

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

    0.9%  

DaVita, Inc.,
4.63%, 6/1/30

    0.7%  

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

    0.7%  

MPH Acquisition Holdings LLC,
5.75%, 11/1/28

    0.7%  

Community Health Systems, Inc.,
4.75%, 2/15/31

    0.7%  

TransDigm, Inc.,
4.88%, 5/1/29

    0.7%  

Tenet Healthcare Corp.,
6.13%, 10/1/28

    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, 2021)

 

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

Actual

   $ 1,000.00      $ 1,014.90        0.38   $ 1.93  

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

       1.49      4.64      8.50      5.74      6.41

Fund Market Price Returns

       1.39      4.20      8.43      6.16      6.44

WisdomTree U.S. High Yield Corporate Bond Index

       1.79      5.47      8.85      6.32      7.16

ICE BofA Merrill Lynch U.S. High Yield Index

       1.60      5.36      8.57      6.10      7.11
* 

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, 2021 (unaudited)

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

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    35.8%  

Health Care

    13.3%  

Industrials

    9.6%  

Information Technology

    9.2%  

Consumer Discretionary

    5.5%  

Consumer Staples

    5.5%  

Utilities

    5.2%  

Communication Services

    4.7%  

Energy

    4.4%  

Real Estate

    2.2%  

Materials

    1.9%  

Other Assets less Liabilities‡

    2.7%  

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  

Boeing Co. (The),
3.10%, 5/1/26

    1.3%  

Morgan Stanley,
3.70%, 10/23/24

    1.1%  

JPMorgan Chase & Co.,
3.22%, 3/1/25

    0.9%  

Bank of America Corp.,
3.46%, 3/15/25

    0.9%  

AbbVie, Inc.,
3.60%, 5/14/25

    0.9%  

Boeing Co. (The),
2.20%, 2/4/26

    0.8%  

Broadcom, Inc.,
3.42%, 4/15/33

    0.8%  

Morgan Stanley,
2.72%, 7/22/25

    0.7%  

Gilead Sciences, Inc.,
3.50%, 2/1/25

    0.7%  

Bank of America Corp.,
3.37%, 1/23/26

    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. 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, 2021)

 

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

Actual

   $ 1,000.00      $ 993.00        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

       -0.70      -0.64      3.19      2.51      2.26

Fund Market Price Returns

       -0.74      -0.76      3.25      2.64      2.19

WisdomTree U.S. Short-Term Corporate Bond Index

       -0.56      -0.41      3.58      2.87      2.68

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

       -0.58      -0.34      4.12      3.19      2.95
* 

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, 2021 (unaudited)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    30.5%  

Financials

    19.5%  

Consumer Discretionary

    14.0%  

Communication Services

    11.4%  

Materials

    8.9%  

Energy

    6.5%  

Consumer Staples

    5.9%  

Health Care

    3.8%  

Industrials

    3.2%  

Utilities

    1.8%  

Real Estate

    1.3%  

Investment Company

    0.5%  

Other Assets less Liabilities‡

    -7.3%  

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  

Taiwan Semiconductor Manufacturing Co., Ltd.

    10.6%  

Samsung Electronics Co., Ltd.

    7.2%  

Tencent Holdings Ltd.

    4.8%  

Alibaba Group Holding Ltd.

    3.3%  

Meituan, Class B

    1.5%  

MediaTek, Inc.

    1.4%  

SK Hynix, Inc.

    1.3%  

Reliance Industries Ltd.

    1.3%  

Infosys Ltd.

    1.3%  

Vale S.A.

    1.3%  
*

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, 2021)

 

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

Actual

   $ 1,000.00      $ 911.70        0.29   $ 1.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.74        0.29   $ 1.48  

Performance

 

   
        Cumulative Return  
        6-Month      Since Inception1  

Fund NAV Returns

       -8.83      -4.63

Fund Market Price Returns

       -9.13      -4.58

MSCI Emerging Markets Index

       -10.38      -7.20
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      9  


Performance Summary

as of December 31, 2021 (unaudited)

WisdomTree International Efficient Core Fund (NTSI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    15.2%  

Industrials

    14.2%  

Health Care

    12.2%  

Consumer Discretionary

    12.0%  

Consumer Staples

    9.7%  

Information Technology

    9.4%  

Materials

    6.8%  

Communication Services

    3.6%  

Energy

    3.1%  

Utilities

    2.7%  

Real Estate

    1.7%  

Other Assets less Liabilities‡

    9.4%  

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 S.A., Registered Shares

    2.3%  

ASML Holding N.V.

    2.1%  

Roche Holding AG

    1.7%  

Toyota Motor Corp.

    1.4%  

LVMH Moet Hennessy Louis Vuitton SE

    1.4%  

Sony Group Corp.

    1.2%  

Novo Nordisk A/S, Class B

    1.1%  

Novartis AG, Registered Shares

    1.0%  

Royal Dutch Shell PLC, Class A

    1.0%  

SAP SE

    0.9%  
*

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 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, 2021)

 

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

Actual

   $ 1,000.00      $ 1,017.60        0.26   $ 1.32  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.89        0.26   $ 1.33  

Performance

 

   
        Cumulative Return  
        6-Month      Since Inception1  

Fund NAV Returns

       1.76      3.28

Fund Market Price Returns

       1.43      3.39

MSCI EAFE Index

       2.24      3.24
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, 2021 (unaudited)

WisdomTree U.S. Efficient Core Fund (NTSX)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    27.5%  

Health Care

    11.8%  

Consumer Discretionary

    11.4%  

Financials

    9.7%  

Communication Services

    9.2%  

Industrials

    6.9%  

Consumer Staples

    5.2%  

Real Estate

    2.4%  

Energy

    2.3%  

Materials

    2.0%  

Utilities

    2.0%  

Other Assets less Liabilities‡

    9.6%  

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.

    6.2%  

Microsoft Corp.

    5.6%  

Amazon.com, Inc.

    3.2%  

Alphabet, Inc., Class A

    1.9%  

Tesla, Inc.

    1.9%  

Alphabet, Inc., Class C

    1.8%  

Meta Platforms, Inc., Class A

    1.7%  

NVIDIA Corp.

    1.5%  

JPMorgan Chase & Co.

    1.1%  

Johnson & Johnson

    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, 2021)

 

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

Actual

   $ 1,000.00      $ 1,096.00        0.20   $ 1.06  

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

       9.60      22.17      26.15      19.54

Fund Market Price Returns

       9.51      22.21      26.31      19.57

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

       7.38      16.60      17.51      13.28

S&P 500® Index

       11.67      28.71      26.07      18.62
* 

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.

 

WisdomTree Trust      11  


Performance Summary

as of December 31, 2021 (unaudited)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    74.8

Consumer Discretionary

    11.4

Industrials

    4.8

Communication Services

    4.3

Health Care

    3.5

Financials

    1.2

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  

Grid Dynamics Holdings, Inc.

    2.1%  

SK Hynix, Inc.

    2.1%  

Denso Corp.

    2.0%  

Marvell Technology, Inc.

    2.0%  

PKSHA Technology, Inc.

    2.0%  

Macronix International Co., Ltd.

    1.9%  

QUALCOMM, Inc.

    1.9%  

Samsung Electronics Co., Ltd.

    1.8%  

Nanya Technology Corp.

    1.8%  

PROS Holdings, Inc.

    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 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. 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.

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

Shareholder Expense Example (for the six-month period1 ended December 31, 2021)

 

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

Actual1

   $ 1,000.00      $ 974.60        0.45   $ 0.28  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.94        0.45   $ 2.29  
1 

Fund commenced operations on December 9, 2021. Actual expenses are calculated using the Fund’s annualized expense ratio, multiplied by the average account value for the period, multiplied by 23/365 (to reflect the period since commencement of operations).

 

12   WisdomTree Trust


Performance Summary

as of December 31, 2021 (unaudited)

WisdomTree BioRevolution Fund (WDNA)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    85.1%  

Materials

    7.0%  

Consumer Staples

    4.0%  

Energy

    3.8%  

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  

AstraZeneca PLC, ADR

    1.9%  

PerkinElmer, Inc.

    1.9%  

Pfizer, Inc.

    1.9%  

Eli Lilly & Co.

    1.9%  

Thermo Fisher Scientific, Inc.

    1.8%  

Zoetis, Inc.

    1.7%  

Repligen Corp.

    1.7%  

Danaher Corp.

    1.6%  

Vitrolife AB

    1.5%  

Agilent Technologies, Inc.

    1.5%  
*

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 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, 2021)

 

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

Actual

   $ 1,000.00      $ 886.80        0.45   $ 2.14  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.94        0.45   $ 2.29  

Performance

 

   
        Cumulative Return  
        6-Month      Since Inception1  

Fund NAV Returns

       -11.32      -5.58

Fund Market Price Returns

       -11.41      -5.54

WisdomTree BioRevolution Index

       -11.11      -5.31

S&P 500® Health Care Index

       11.91      16.53

S&P Biotechnology Select Industry Index

       -17.36      -12.00
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      13  


Performance Summary

as of December 31, 2021 (unaudited)

WisdomTree Cloud Computing Fund (WCLD)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    97.4%  

Health Care

    1.5%  

Consumer Discretionary

    1.1%  

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  

New Relic, Inc.

    2.8%  

Tenable Holdings, Inc.

    2.6%  

Datadog, Inc., Class A

    2.6%  

Mimecast Ltd.

    2.5%  

Zscaler, Inc.

    2.5%  

Snowflake, Inc., Class A

    2.4%  

Qualys, Inc.

    2.4%  

Bill.com Holdings, Inc.

    2.3%  

Zuora, Inc., Class A

    2.2%  

Workday, Inc., Class A

    2.2%  
*

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 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, 2021)

 

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

Actual

   $ 1,000.00      $ 928.10        0.45   $ 2.19  

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

     -7.19      -3.10      36.82

Fund Market Price Returns

     -7.38      -3.14      36.82

BVP Nasdaq Emerging Cloud Index

     -7.08      -2.74      37.33

S&P 500® Information Technology Index

     18.26      34.53      40.33

S&P 500® Growth Index

     15.49      32.01      31.37
* 

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.

 

14   WisdomTree Trust


Performance Summary

as of December 31, 2021 (unaudited)

WisdomTree Cybersecurity Fund (WCBR)

 

Country Breakdown

 

Country   % of Net Assets  

United States

    84.3%  

United Kingdom

    6.0%  

Israel

    5.0%  

Japan

    3.9%  

Canada

    0.7%  

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  

Datadog, Inc., Class A

    6.9%  

Palo Alto Networks, Inc.

    6.3%  

Cloudflare, Inc., Class A

    5.5%  

Rapid7, Inc.

    5.3%  

Tenable Holdings, Inc.

    4.8%  

Zscaler, Inc.

    4.8%  

Okta, Inc.

    4.7%  

Fortinet, Inc.

    4.6%  

Sailpoint Technologies Holdings, Inc.

    4.3%  

Crowdstrike Holdings, Inc., Class A

    4.2%  
*

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 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, 2021)

 

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

Actual

   $ 1,000.00      $ 1,072.50        0.45   $ 2.35  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.94        0.45   $ 2.29  

Performance

 

   
        Cumulative Return  
        6-Month      Since Inception1  

Fund NAV Returns

       7.25      8.40

Fund Market Price Returns

       6.99      8.41

WisdomTree Team8 Cybersecurity Index

       7.56      9.01

S&P 500® Information Technology Index

       18.26      33.13

S&P 500® Growth Index

       15.49      30.87
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      15  


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 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 MSCIEAFE 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.

 

16   WisdomTree Trust


Description of Terms and Indexes (unaudited) (continued)

 

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

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

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 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 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.

 

WisdomTree Trust      17  


Description of Terms and Indexes (unaudited) (continued)

 

 

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 Investments, 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 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

 

18   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.

WisdomTree Investments, 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 Investments is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree Investments 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 Investments 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    GBP   British pound    PHP   Philippine peso
BRL   Brazilian real    HKD   Hong kong dollar    SEK   Swedish krona
CHF   Swiss franc    ILS   Israeli new shekel    SGD   Singapore dollar
CLP   Chilean peso    JPY   Japanese yen    USD   U.S. dollar
CNH   Offshore Chinese renminbi    MXN   Mexican peso    ZAR   South african rand
DKK   Danish krone    MYR   Malaysian ringgit     
EUR   Euro    NOK   Norwegian krone     
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      19  


Schedule of Investments (unaudited)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.1%

 

Australia – 10.3%

 

Accent Group Ltd.

     8,998      $ 16,028  

Adairs Ltd.

     6,007        17,513  

Adbri Ltd.

     13,189        27,041  

Ampol Ltd.

     3,023        65,189  

Ansell Ltd.

     4,221        96,700  

APA Group

     11,157        81,604  

ASX Ltd.

     2,103        142,043  

Aurizon Holdings Ltd.

     20,882        52,986  

AusNet Services Ltd.

     76,948        143,779  

Australia & New Zealand Banking Group Ltd.

     30,708        614,195  

Bank of Queensland Ltd.(a)

     18,524        108,955  

Beach Energy Ltd.(a)

     28,470        26,081  

Bell Financial Group Ltd.

     61,563        83,476  

Bendigo & Adelaide Bank Ltd.(a)

     22,287        147,454  

BHP Group Ltd.(a)

     82,198        2,480,126  

BHP Group PLC

     63,480        1,891,141  

Brambles Ltd.

     2,161        16,701  

Cardno Ltd.*

     1,445        2,028  

Centuria Capital Group

     6,581        16,747  

Cleanaway Waste Management Ltd.

     23,917        54,427  

Coles Group Ltd.

     12,297        160,393  

Commonwealth Bank of Australia

     22,224        1,631,954  

Computershare Ltd.

     9,199        133,763  

Cromwell Property Group

     174,179        110,174  

CSL Ltd.

     1,297        274,144  

CSR Ltd.

     12,719        54,374  

Dexus

     19,437        157,144  

Dicker Data Ltd.(a)

     2,564        27,664  

Downer EDI Ltd.

     12,239        53,034  

Dusk Group Ltd.

     806        1,869  

Fortescue Metals Group Ltd.

     100,160        1,398,898  

Goodman Group

     13,047        251,374  

GPT Group (The)

     31,000        122,159  

Growthpoint Properties Australia Ltd.

     37,870        120,046  

Harvey Norman Holdings Ltd.

     32,834        117,927  

HT&E Ltd.(a)

     13,449        20,534  

Insignia Financial Ltd.

     12,585        33,123  

Insurance Australia Group Ltd.

     30,940        95,828  

IRESS Ltd.

     10,071        91,527  

IVE Group Ltd.

     9,022        11,413  

JB Hi-Fi Ltd.

     2,775        97,489  

Lendlease Corp., Ltd.

     9,487        73,735  

Lovisa Holdings Ltd.

     1,886        27,548  

Macmahon Holdings Ltd.

     271,438        36,510  

Macquarie Group Ltd.

     2,733        408,136  

Magellan Financial Group Ltd.(a)

     3,599        55,578  

Medibank Pvt Ltd.

     41,873        101,987  

Medusa Mining Ltd.

     1,860        960  

Metcash Ltd.(a)

     39,043        127,738  

Mineral Resources Ltd.

     4,275        174,056  

Mirvac Group

     57,193        121,004  

MyState Ltd.

     6,795        25,047  

National Australia Bank Ltd.

     36,267      760,451  

New Hope Corp., Ltd.(a)

     20,105        32,597  

Newcrest Mining Ltd.

     2,452        43,641  

NIB Holdings Ltd.

     10,546        53,749  

Nick Scali Ltd.

     1,535        17,131  

NRW Holdings Ltd.

     18,168        23,314  

Orora Ltd.

     32,598        82,951  

Pendal Group Ltd.

     13,699        55,476  

Platinum Asset Management Ltd.

     27,623        54,225  

QBE Insurance Group Ltd.

     8,807        72,676  

Ramsay Health Care Ltd.

     2,418        125,698  

Reliance Worldwide Corp., Ltd.

     17,674        80,569  

Resimac Group Ltd.

     25,832        35,684  

Sandfire Resources Ltd.

     17,418        83,328  

Santos Ltd.

     20,556        94,304  

Scentre Group

     35,555        81,687  

Seven Group Holdings Ltd.

     5,304        83,296  

Sigma Healthcare Ltd.(a)

     8,763        3,058  

Sims Ltd.

     7,198        84,047  

Sonic Healthcare Ltd.

     5,019        170,156  

South32 Ltd.

     48,594        141,674  

Southern Cross Media Group Ltd.

     11,638        16,415  

Stockland

     43,937        135,444  

Suncorp Group Ltd.

     19,009        152,993  

Super Retail Group Ltd.

     11,481        104,007  

Tabcorp Holdings Ltd.

     33,476        122,180  

Telstra Corp., Ltd.

     187,183        568,862  

Transurban Group

     26,971        271,000  

Vicinity Centres

     64,686        79,481  

Wesfarmers Ltd.

     15,212        655,851  

Westpac Banking Corp.

     28,921        448,927  

Woodside Petroleum Ltd.

     1,970        31,410  

Woolworths Group Ltd.

     10,590        292,656  

Worley Ltd.

     6,299        48,682  
     

 

 

 
Total Australia

 

     17,308,964  
Austria – 0.7%

 

BAWAG Group AG*(b)

     3,820        235,450  

Erste Group Bank AG

     1,066        50,127  

Oesterreichische Post AG

     2,256        96,977  

OMV AG

     5,615        318,950  

POLYTEC Holding AG(a)

     5,854        45,735  

Raiffeisen Bank International AG

     1,682        49,502  

Semperit AG Holding

     1,320        43,982  

Strabag SE, Bearer Shares

     5,187        216,186  

Telekom Austria AG*

     17,435        151,082  
     

 

 

 
Total Austria

 

     1,207,991  
Belgium – 0.8%

 

Anheuser-Busch InBev S.A./N.V.*

     4,922        297,608  

Bekaert S.A.

     2,330        103,708  

Cofinimmo S.A.

     952        152,107  

Econocom Group S.A./N.V.

     7,681        31,839  

Etablissements Franz Colruyt N.V.

     1,544        65,423  

KBC Group N.V.

     448        38,444  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  

Proximus SADP

     6,555      $ 127,768  

Solvay S.A.(a)

     1,111        129,122  

Telenet Group Holding N.V.

     5,670        206,720  

UCB S.A.

     882        100,652  

Warehouses De Pauw CVA

     2,553        122,460  
     

 

 

 
Total Belgium               1,375,851  
China – 1.6%

 

Beijing Enterprises Holdings Ltd.

     16,000        55,206  

BOC Hong Kong Holdings Ltd.

     126,000        412,927  

China Everbright Environment Group Ltd.

     103,666        83,238  

China Merchants Port Holdings Co., Ltd.

     76,000        138,425  

China Nonferrous Mining Corp. Ltd.

     47,000        18,688  

China Power International Development Ltd.(a)

     244,000        164,309  

China Resources Pharmaceutical Group Ltd.(b)

     162,000        73,766  

China Resources Power Holdings Co., Ltd.

     70,000        234,342  

China Taiping Insurance Holdings Co., Ltd.

     45,600        62,584  

CITIC Ltd.

     493,000        486,910  

CSPC Pharmaceutical Group Ltd.

     52,320        56,841  

Fosun International Ltd.

     37,000        39,913  

Guangdong Investment Ltd.

     70,000        88,978  

Lenovo Group Ltd.(a)

     188,000        216,061  

Shanghai Industrial Holdings Ltd.

     39,000        56,827  

Shoucheng Holdings Ltd.

     178,000        35,389  

Shougang Fushan Resources Group Ltd.

     282,000        95,491  

Simcere Pharmaceutical Group Ltd.(b)

     43,000        49,584  

Sino-Ocean Group Holding Ltd.

     249,500        58,244  

Wilmar International Ltd.

     64,500        198,071  

Zensun Enterprises Ltd.(a)

     51,000        25,250  
     

 

 

 
Total China               2,651,044  
Denmark – 1.5%

 

Alm Brand A/S

     18,065        35,190  

AP Moller – Maersk A/S, Class B

     58        207,958  

Carlsberg A/S, Class B

     591        102,066  

Coloplast A/S, Class B

     1,314        231,247  

D/S Norden A/S

     671        17,072  

Danske Bank A/S

     7,208        124,482  

DSV A/S

     71        16,582  

Novo Nordisk A/S, Class B

     10,456        1,175,056  

Novozymes A/S, Class B

     1,361        111,789  

Orsted A/S(b)

     1,231        157,201  

Royal Unibrew A/S

     748        84,313  

Scandinavian Tobacco Group A/S, Class A(b)

     5,080        106,645  

Topdanmark A/S

     585        32,827  

Tryg A/S

     5,694        140,603  

Vestas Wind Systems A/S

     2,479        75,807  
     

 

 

 
Total Denmark               2,618,838  
Finland – 2.2%

 

Elisa Oyj

     2,318        142,662  

Fiskars Oyj Abp

     2,874        75,171  

Fortum Oyj

     16,167        496,214  

Kesko Oyj, Class B

     4,908        163,757  

Kone Oyj, Class B

     4,397        315,217  

Neste Oyj

     4,491        221,447  

Nokian Renkaat Oyj

     2,711      102,662  

Nordea Bank Abp

     107,032        1,306,299  

Orion Oyj, Class B

     1,756        72,928  

Sampo Oyj, Class A

     6,320        316,664  

Stora Enso Oyj, Class R

     2,638        48,419  

UPM-Kymmene Oyj

     7,403        281,689  

Uponor Oyj

     2,177        51,841  

Valmet Oyj

     2,583        110,798  
     

 

 

 
Total Finland               3,705,768  
France – 10.3%

 

Air Liquide S.A.

     3,950        688,704  

ALD S.A.(b)

     10,163        149,552  

Amundi S.A.(b)

     2,142        176,723  

Arkema S.A.

     725        102,111  

AXA S.A.

     55,616        1,656,110  

BNP Paribas S.A.

     14,975        1,034,887  

Bollore S.A.

     22,196        124,187  

Bouygues S.A.

     5,222        187,002  

Bureau Veritas S.A.

     4,805        159,447  

Capgemini SE

     770        188,701  

Carrefour S.A.

     3,349        61,336  

Chargeurs S.A.

     561        16,625  

Cie de Saint-Gobain

     3,688        259,482  

Cie Generale des Etablissements Michelin SCA

     980        160,649  

Cie Plastic Omnium S.A.

     2,920        75,909  

Coface S.A.

     1,130        16,101  

Covivio

     1,207        99,102  

Credit Agricole S.A.

     48,385        690,544  

Danone S.A.

     5,872        364,532  

Dassault Systemes SE

     2,340        139,199  

Edenred

     1,698        78,339  

Eiffage S.A.

     1,609        165,520  

Electricite de France S.A.

     11,645        136,797  

Engie S.A.

     25,471        376,958  

EssilorLuxottica S.A.

     1,236        263,181  

Eurazeo SE

     845        73,800  

Eutelsat Communications S.A.

     6,527        79,681  

Gecina S.A.

     1,066        148,986  

Hermes International

     192        335,374  

ICADE

     1,577        113,161  

Ipsen S.A.

     419        38,357  

Kering S.A.

     485        389,885  

Klepierre S.A.*

     4,379        103,829  

L’Oreal S.A.

     2,470        1,171,164  

La Francaise des Jeux SAEM(b)

     1,514        67,044  

Legrand S.A.

     1,637        191,558  

LVMH Moet Hennessy Louis Vuitton SE

     2,109        1,743,603  

Metropole Television S.A.

     5,306        103,543  

Nexity S.A.

     2,741        128,859  

Orange S.A.

     63,644        681,275  

Pernod Ricard S.A.

     1,309        314,838  

Publicis Groupe S.A.

     2,995        201,630  

Rexel S.A.*

     4,509        91,426  

Rothschild & Co.

     374        17,161  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  

Rubis SCA

     2,007      $ 59,935  

Sanofi

     12,140        1,222,900  

Schneider Electric SE

     4,616        905,297  

SEB S.A.

     724        112,714  

Societe BIC S.A.

     1,125        60,539  

Societe Generale S.A.

     4,221        144,988  

Suez S.A.

     6,892        155,262  

Teleperformance

     236        105,205  

Television Francaise 1

     5,283        52,418  

Thales S.A.

     1,500        127,594  

Trigano S.A.

     570        110,843  

Valeo

     3,390        102,469  

Veolia Environnement S.A.

     5,240        192,235  

Verallia S.A.(b)

     1,766        62,177  

Vinci S.A.

     4,022        424,953  

Wendel SE

     1,023        122,618  
     

 

 

 
Total France               17,329,019  
Germany – 8.0%

 

adidas AG

     347        99,915  

Allianz SE, Registered Shares

     5,606        1,323,798  

BASF SE

     11,815        830,077  

Bayer AG, Registered Shares

     9,507        508,134  

Bayerische Motoren Werke AG

     4,204        423,052  

Beiersdorf AG

     864        88,802  

Bilfinger SE

     716        24,346  

Brenntag SE

     1,646        148,960  

Covestro AG(b)

     1,598        98,495  

Daimler AG, Registered Shares

     6,429        494,154  

Deutsche Boerse AG

     690        115,425  

Deutsche Post AG, Registered Shares

     13,560        871,871  

Deutsche Telekom AG, Registered Shares

     52,748        977,756  

Deutsche Wohnen SE, Bearer Shares

     3,272        137,599  

DWS Group GmbH & Co. KGaA(b)

     1,767        71,295  

E.ON SE

     51,621        715,712  

Evonik Industries AG

     4,991        161,589  

Freenet AG

     6,277        166,106  

Fresenius SE & Co. KGaA

     1,751        70,490  

GEA Group AG

     1,312        71,751  

Hannover Rueck SE

     1,338        254,331  

Hapag-Lloyd AG(b)

     1,277        402,260  

HeidelbergCement AG

     824        55,773  

Hella GmbH & Co. KGaA

     979        69,026  

Henkel AG & Co. KGaA

     1,583        123,673  

Hochtief AG

     1,989        160,594  

Infineon Technologies AG

     3,604        167,053  

Knorr-Bremse AG

     156        15,416  

LEG Immobilien SE

     899        125,441  

Merck KGaA

     511        131,912  

METRO AG

     11,984        125,652  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     1,719        509,237  

ProSiebenSat.1 Media SE

     5,957        94,908  

Rheinmetall AG

     792        74,809  

RWE AG

     3,615        146,844  

SAP SE

     5,361      761,456  

Siemens AG, Registered Shares

     6,114        1,061,559  

Siemens Healthineers AG(b)

     5,146        385,181  

Stroeer SE & Co. KGaA

     1,304        102,766  

TAG Immobilien AG

     3,653        102,235  

Talanx AG

     3,699        178,945  

Telefonica Deutschland Holding AG

     34,403        95,499  

Traton SE

     4,376        110,177  

Vantage Towers AG

     2,570        94,108  

Volkswagen AG

     1,452        426,674  

Vonovia SE

     4,995        275,495  
     

 

 

 
Total Germany               13,450,351  
Hong Kong – 2.8%

 

AIA Group Ltd.

     56,400        568,608  

Bank of East Asia Ltd. (The)

     42,949        61,700  

CLP Holdings Ltd.

     43,500        439,391  

Hang Lung Group Ltd.

     48,000        102,572  

Hang Lung Properties Ltd.

     49,000        100,812  

Hang Seng Bank Ltd.

     31,000        567,410  

Henderson Land Development Co., Ltd.

     55,000        234,214  

Hong Kong & China Gas Co., Ltd.

     159,816        248,857  

Hong Kong Exchanges & Clearing Ltd.

     7,659        447,380  

Hutchison Port Holdings Trust

     310,900        69,952  

Hysan Development Co., Ltd.

     37,000        114,375  

Link REIT

     22,400        197,242  

MTR Corp., Ltd.

     52,143        279,900  

Power Assets Holdings Ltd.

     42,500        264,933  

Singamas Container Holdings Ltd.

     142,000        21,310  

Sino Land Co., Ltd.

     62,000        77,219  

Sun Hung Kai Properties Ltd.

     33,500        406,488  

Swire Pacific Ltd., Class A

     21,500        122,305  

Swire Pacific Ltd., Class B

     50,000        48,998  

Swire Properties Ltd.

     53,600        134,339  

Techtronic Industries Co., Ltd.

     8,500        169,208  
     

 

 

 
Total Hong Kong               4,677,213  
Ireland – 0.3%

 

CRH PLC

     6,188        327,361  

Kerry Group PLC, Class A

     541        69,674  

Smurfit Kappa Group PLC

     3,264        179,801  
     

 

 

 
Total Ireland               576,836  
Israel – 0.4%

 

Azrieli Group Ltd.

     1,290        123,098  

Bank Hapoalim BM

     12,901        133,055  

Bank Leumi Le-Israel BM

     13,478        144,853  

Delek Group Ltd.*

     1        59  

Gazit-Globe Ltd.

     8,847        69,897  

ICL Group Ltd.

     14,899        143,657  

Mizrahi Tefahot Bank Ltd.

     2,531        97,584  

Tiv Taam Holdings 1 Ltd.

     5,700        20,365  

Victory Supermarket Chain Ltd.

     1,500        32,083  
     

 

 

 
Total Israel

 

     764,651  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  
Italy – 4.0%

 

A2A SpA

     82,962      $ 162,272  

ACEA SpA

     5,807        123,886  

Alerion Cleanpower SpA(a)

     600        20,163  

Anima Holding SpA(b)

     21,037        107,415  

Assicurazioni Generali SpA(a)

     30,797        652,466  

Azimut Holding SpA

     3,322        93,235  

Banca Mediolanum SpA

     15,567        153,660  

Banco BPM SpA

     30,052        90,222  

BFF Bank SpA(b)

     7,808        62,954  

BPER Banca(a)

     22,017        45,644  

Enel SpA

     137,511        1,101,836  

Eni SpA

     47,326        657,670  

ERG SpA

     2,577        83,345  

Esprinet SpA

     1,264        18,543  

Ferrari N.V.

     534        138,153  

Hera SpA

     24,033        100,056  

Infrastrutture Wireless Italiane SpA(b)

     14,496        176,058  

Intesa Sanpaolo SpA

     349,794        904,565  

Iren SpA

     41,503        125,261  

Italgas SpA

     13,047        89,794  

Mediobanca Banca di Credito Finanziario SpA

     20,133        231,471  

Poste Italiane SpA(b)

     18,578        243,804  

Recordati Industria Chimica e Farmaceutica SpA

     1,869        120,087  

Snam SpA

     55,833        336,514  

Telecom Italia SpA

     265,229        130,963  

Terna - Rete Elettrica Nazionale

     32,229        260,734  

UniCredit SpA

     3,182        49,010  

Unieuro SpA(b)

     690        16,478  

Unipol Gruppo SpA

     23,618        128,356  

UnipolSai Assicurazioni SpA

     79,320        223,703  

Webuild SpA

     15,882        37,567  
     

 

 

 
Total Italy

 

     6,685,885  
Japan – 21.0%

 

Advan Group Co., Ltd.

     4,800        40,474  

Advantest Corp.

     1,000        94,655  

Aeon Co., Ltd.

     5,200        122,329  

AEON Financial Service Co., Ltd.

     5,100        55,006  

AGC, Inc.

     3,000        143,025  

Aichi Steel Corp.

     1,100        23,795  

Aisin Corp.

     2,200        84,252  

Ajinomoto Co., Inc.

     4,500        136,655  

Akatsuki, Inc.

     1,400        35,050  

Akita Bank Ltd. (The)

     1,500        21,297  

Aomori Bank Ltd. (The)(a)

     3,200        49,269  

Aruhi Corp.(a)

     4,800        43,559  

Asahi Group Holdings Ltd.

     2,000        77,704  

Asahi Holdings, Inc.

     3,800        67,648  

Asahi Kasei Corp.

     14,800        138,933  

Asahi Net, Inc.

     5,900        31,049  

Astellas Pharma, Inc.

     14,200        230,655  

Avex, Inc.(a)

     2,400        30,053  

Bandai Namco Holdings, Inc.

     1,100        85,914  

Bank of Iwate Ltd. (The)

     2,700        43,798  

Bank of Nagoya Ltd. (The)

     2,200      52,423  

Bridgestone Corp.

     6,500        279,350  

Brother Industries Ltd.

     3,100        59,521  

Canon, Inc.(a)

     8,700        211,616  

Cawachi Ltd.

     1,600        30,595  

Central Security Patrols Co., Ltd.

     900        18,859  

Chiba Bank Ltd. (The)

     17,500        100,148  

Chubu Electric Power Co., Inc.

     9,700        102,092  

Chugai Pharmaceutical Co., Ltd.(a)

     6,400        207,581  

Chugoku Electric Power Co., Inc. (The)

     7,700        62,253  

Chukyo Bank Ltd. (The)

     4,900        77,316  

Concordia Financial Group Ltd.

     23,700        86,028  

Cosmo Energy Holdings Co., Ltd.

     4,200        81,990  

Cybernet Systems Co., Ltd.(a)

     2,400        14,818  

Dai Nippon Printing Co., Ltd.

     3,700        92,954  

Dai-ichi Life Holdings, Inc.

     11,200        226,179  

Daifuku Co., Ltd.

     600        48,977  

Daiken Medical Co., Ltd.(a)

     1,900        9,240  

Daikin Industries Ltd.

     900        203,908  

Daikyonishikawa Corp.

     5,500        27,941  

Daito Trust Construction Co., Ltd.

     700        80,057  

Daiwa House Industry Co., Ltd.

     5,300        152,250  

Daiwa Securities Group, Inc.

     16,300        91,822  

Daiwabo Holdings Co., Ltd.

     3,400        54,327  

Denso Corp.

     4,800        397,197  

Dentsu Group, Inc.(a)

     3,200        113,933  

Digital Holdings, Inc.(a)

     700        8,012  

Disco Corp.

     200        61,048  

Ehime Bank Ltd. (The)

     3,400        24,624  

Electric Power Development Co., Ltd.

     8,000        106,083  

ENEOS Holdings, Inc.

     51,700        193,188  

FANUC Corp.

     1,100        232,886  

Fast Retailing Co., Ltd.

     200        113,430  

FIDEA Holdings Co., Ltd.

     1,500        17,416  

Fuji Electric Co., Ltd.

     2,100        114,524  

Fujicco Co., Ltd.

     4,600        75,139  

FUJIFILM Holdings Corp.

     2,600        192,502  

Fujimi, Inc.

     400        26,920  

Fujitsu Ltd.

     900        154,201  

Fukui Bank Ltd. (The)

     2,900        35,358  

Fukuoka Financial Group, Inc.

     6,300        107,831  

Furukawa Co., Ltd.

     4,700        51,834  

Futaba Industrial Co., Ltd.

     7,100        26,820  

GMO Financial Holdings, Inc.(a)

     11,000        80,717  

H-One Co., Ltd.

     1,600        9,393  

H.U. Group Holdings, Inc.

     4,100        103,964  

Hagiwara Electric Holdings Co., Ltd.

     600        10,921  

Hakudo Co., Ltd.

     100        2,567  

Haseko Corp.

     8,100        100,305  

Hitachi Ltd.

     5,600        302,966  

Hokkaido Gas Co., Ltd.

     100        1,323  

Hokkoku Financial Holdings, Inc.

     3,700        81,933  

Honda Motor Co., Ltd.

     13,400        375,859  

House Do Co., Ltd.

     2,400        19,216  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  

Hoya Corp.

     900      $ 133,724  

Hulic Co., Ltd.

     3,700        35,087  

Hyakujushi Bank Ltd. (The)

     1,300        16,990  

Ichinen Holdings Co., Ltd.

     1,400        16,255  

Idemitsu Kosan Co., Ltd.

     4,500        114,771  

Iida Group Holdings Co., Ltd.

     2,200        51,124  

Inpex Corp.

     21,200        184,468  

Isuzu Motors Ltd.

     6,400        79,531  

ITOCHU Corp.

     18,300        559,067  

J-Oil Mills, Inc.

     4,700        68,160  

J. Front Retailing Co., Ltd.

     6,500        59,099  

Japan Exchange Group, Inc.

     4,100        89,651  

Japan Post Holdings Co., Ltd.

     49,500        385,494  

Japan Post Insurance Co., Ltd.

     5,300        85,146  

Japan Property Management Center Co., Ltd.

     900        7,831  

Japan Tobacco, Inc.(a)

     51,200        1,032,626  

JDC Corp.

     8,200        39,877  

JFE Holdings, Inc.

     5,900        75,162  

JM Holdings Co., Ltd.(a)

     1,700        24,314  

JSR Corp.

     2,500        94,981  

Kajima Corp.

     1,300        14,913  

Kansai Electric Power Co., Inc. (The)

     5,900        55,027  

Kao Corp.

     1,600        83,630  

KDDI Corp.

     33,400        975,127  

Keiyo Bank Ltd. (The)

     19,800        80,125  

Keyence Corp.

     330        207,133  

Ki-Star Real Estate Co., Ltd.

     300        23,264  

Kikkoman Corp.

     800        67,179  

Kirin Holdings Co., Ltd.(a)

     8,600        137,938  

Kisoji Co., Ltd.

     3,400        64,867  

Kobe Steel Ltd.

     15,300        76,663  

Komatsu Ltd.

     7,200        168,410  

Kubota Corp.

     7,000        155,221  

Kuraray Co., Ltd.(a)

     6,000        52,052  

Kyowa Kirin Co., Ltd.

     3,500        95,285  

Kyushu Electric Power Co., Inc.

     16,100        119,818  

Kyushu Railway Co.

     4,900        101,783  

Lawson, Inc.

     1,400        66,258  

LEC, Inc.

     2,500        18,779  

LIFULL Co., Ltd.

     15,400        32,363  

LIKE, Inc.

     500        7,742  

Lixil Corp.

     4,100        109,127  

Makita Corp.

     1,300        55,125  

Marubeni Corp.

     23,600        229,432  

Marvelous, Inc.

     3,900        24,757  

Matsui Securities Co., Ltd.

     3,100        21,294  

MatsukiyoCocokara & Co.

     1,400        51,791  

Mebuki Financial Group, Inc.

     41,100        84,588  

MEIJI Holdings Co., Ltd.

     1,900        113,187  

Mie Kotsu Group Holdings, Inc.

     3,900        16,358  

MINEBEA MITSUMI, Inc.

     3,100        87,895  

Ministop Co., Ltd.

     100        1,220  

Mitsubishi Chemical Holdings Corp.

     19,300        142,795  

Mitsubishi Corp.

     17,500        554,991  

Mitsubishi Electric Corp.

     13,800      174,784  

Mitsubishi Estate Co., Ltd.

     9,400        130,158  

Mitsubishi Gas Chemical Co., Inc.

     4,000        67,665  

Mitsubishi HC Capital, Inc.

     23,700        117,106  

Mitsubishi Heavy Industries Ltd.

     3,500        80,817  

Mitsubishi Materials Corp.

     5,000        85,754  

Mitsubishi UFJ Financial Group, Inc.

     165,200        896,474  

Mitsui Chemicals, Inc.

     2,300        61,717  

Mitsui Fudosan Co., Ltd.

     3,600        71,231  

Mitsui OSK Lines Ltd.

     3,100        229,899  

Miyazaki Bank Ltd. (The)

     1,100        19,869  

Mizuho Financial Group, Inc.

     28,950        367,799  

Mizuho Medy Co., Ltd.(a)

     300        6,143  

MS&AD Insurance Group Holdings, Inc.

     9,300        286,620  

Murata Manufacturing Co., Ltd.

     3,900        310,124  

Nabtesco Corp.(a)

     1,400        41,396  

NEC Capital Solutions Ltd.

     800        13,964  

NEC Corp.

     2,400        110,668  

NET One Systems Co., Ltd.

     1,200        32,304  

NGK Insulators Ltd.

     4,400        74,279  

NGK Spark Plug Co., Ltd.

     3,600        62,618  

Nidec Corp.

     700        82,185  

Nihon Chouzai Co., Ltd.

     2,100        25,075  

Nihon Flush Co., Ltd.(a)

     1,500        13,964  

Nihon Tokushu Toryo Co., Ltd.

     1,500        11,372  

Nihon Unisys Ltd.

     3,300        92,562  

Nintendo Co., Ltd.

     1,300        605,662  

Nippon Aqua Co., Ltd.

     3,300        19,687  

Nippon Carbon Co., Ltd.(a)

     1,500        54,318  

Nippon Electric Glass Co., Ltd.(a)

     3,900        99,875  

Nippon Express Co., Ltd.*

     1,800        106,526  

Nippon Gas Co., Ltd.

     5,100        67,539  

Nippon Steel Corp.

     7,100        115,821  

Nippon Telegraph & Telephone Corp.

     53,000        1,449,785  

Nippon Yusen K.K.

     3,000        228,214  

Nishimatsu Construction Co., Ltd.

     3,000        94,959  

Nissan Chemical Corp.

     1,100        63,810  

Nissin Foods Holdings Co., Ltd.

     1,300        94,716  

Nitori Holdings Co., Ltd.

     100        14,958  

Nitto Denko Corp.

     1,900        146,681  

NOF Corp.

     1,600        80,726  

Nomura Real Estate Holdings, Inc.

     3,300        75,855  

Nomura Research Institute Ltd.

     3,400        145,708  

NS United Kaiun Kaisha Ltd.

     500        15,175  

NTT Data Corp.

     6,900        147,761  

Oita Bank Ltd. (The)

     1,700        26,986  

Oji Holdings Corp.

     15,800        76,424  

Okinawa Financial Group, Inc.

     3,600        69,089  

Okuwa Co., Ltd.

     2,700        22,298  

Olympus Corp.

     2,700        62,122  

Omron Corp.

     800        79,614  

Ono Pharmaceutical Co., Ltd.

     5,900        146,328  

Open House Co., Ltd.

     1,300        67,961  

Osaka Gas Co., Ltd.

     5,900        97,398  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  

Otsuka Holdings Co., Ltd.

     2,400      $ 86,888  

Panasonic Corp.

     16,700        183,453  

Pigeon Corp.(a)

     4,300        82,075  

Pola Orbis Holdings, Inc.(a)

     4,200        69,918  

Premium Group Co., Ltd.

     200        6,556  

Recruit Holdings Co., Ltd.

     2,500        151,361  

Resona Holdings, Inc.

     16,900        65,660  

Rohm Co., Ltd.

     700        63,645  

Roland Corp.

     700        23,890  

Sala Corp.

     3,000        16,465  

Sanoh Industrial Co., Ltd.

     800        6,572  

Sanshin Electronics Co., Ltd.(a)

     1,100        14,099  

SBI Holdings, Inc.

     3,300        89,840  

Scala, Inc.(a)

     500        2,866  

Scroll Corp.

     400        2,949  

SCSK Corp.

     5,400        107,339  

Secom Co., Ltd.

     1,100        76,285  

Sega Sammy Holdings, Inc.

     6,100        95,721  

Seikagaku Corp.

     4,600        37,589  

Seiko Epson Corp.

     6,800        122,294  

Sekisui Chemical Co., Ltd.

     7,500        125,179  

Sekisui House Ltd.

     9,600        205,830  

Senshu Ikeda Holdings, Inc.(a)

     7,200        10,629  

Seven & I Holdings Co., Ltd.

     3,300        144,890  

SG Holdings Co., Ltd.

     2,800        65,480  

Shimadzu Corp.

     1,200        50,593  

Shimamura Co., Ltd.

     800        67,110  

Shimano, Inc.

     400        106,500  

Shimizu Corp.

     11,200        69,347  

Shin-Etsu Chemical Co., Ltd.

     1,700        294,073  

Shinnihon Corp.

     2,000        14,190  

Shionogi & Co., Ltd.

     2,300        162,281  

Shiseido Co., Ltd.

     1,400        77,978  

SMC Corp.

     100        67,379  

Sodick Co., Ltd.

     6,900        49,074  

SoftBank Corp.

     116,300        1,468,962  

SoftBank Group Corp.

     3,400        160,441  

Sojitz Corp.

     4,780        71,728  

Sompo Holdings, Inc.

     4,700        198,318  

Sony Group Corp.

     2,100        263,970  

Square Enix Holdings Co., Ltd.

     1,200        61,482  

Subaru Corp.

     2,300        41,085  

Sumitomo Chemical Co., Ltd.

     11,100        52,244  

Sumitomo Corp.

     9,600        141,764  

Sumitomo Dainippon Pharma Co., Ltd.

     3,200        36,820  

Sumitomo Electric Industries Ltd.

     3,800        49,482  

Sumitomo Forestry Co., Ltd.

     3,300        63,791  

Sumitomo Heavy Industries Ltd.

     3,900        94,456  

Sumitomo Metal Mining Co., Ltd.

     3,700        139,768  

Sumitomo Mitsui Financial Group, Inc.

     17,700        606,062  

Sumitomo Mitsui Trust Holdings, Inc.

     5,200        173,537  

Sumitomo Realty & Development Co., Ltd.

     2,100        61,693  

Sumitomo Rubber Industries Ltd.

     10,600        107,882  

Suncall Corp.

     2,400        12,880  

Suntory Beverage & Food Ltd.

     2,900      104,763  

Suzuki Motor Corp.

     2,500        96,153  

Sysmex Corp.

     900        121,532  

Tachi-S Co., Ltd.

     1,000        10,976  

Taihei Dengyo Kaisha Ltd.

     1,800        44,861  

Taiho Kogyo Co., Ltd.(a)

     1,900        13,398  

Taisei Corp.

     2,500        75,876  

Takeda Pharmaceutical Co., Ltd.

     22,600        615,659  

Tama Home Co., Ltd.

     800        16,055  

TDK Corp.

     2,100        81,881  

Terumo Corp.

     2,500        105,510  

Toho Bank Ltd. (The)

     18,300        33,690  

Toho Gas Co., Ltd.

     2,300        58,501  

Toho Zinc Co., Ltd.(a)

     500        9,895  

Tokai Carbon Co., Ltd.

     5,000        52,451  

Tokio Marine Holdings, Inc.

     6,800        377,453  

Tokyo Electron Device Ltd.

     300        17,116  

Tokyo Electron Ltd.

     1,400        805,801  

Tokyo Gas Co., Ltd.

     4,400        78,788  

Tokyo Tekko Co., Ltd.(a)

     1,200        13,797  

Tokyu Fudosan Holdings Corp.

     17,400        97,158  

TOMONY Holdings, Inc.

     9,600        26,427  

Toray Industries, Inc.

     14,100        83,482  

Toshiba Corp.

     2,300        94,473  

Tosoh Corp.

     5,900        87,407  

TOTO Ltd.

     1,200        55,126  

Towa Bank Ltd. (The)

     9,800        46,126  

Toyo Kanetsu K.K.

     200        4,361  

Toyo Seikan Group Holdings Ltd.

     4,600        54,846  

Toyo Suisan Kaisha Ltd.

     400        16,934  

Toyota Boshoku Corp.

     6,300        123,423  

Toyota Motor Corp.

     109,770        2,007,040  

Toyota Tsusho Corp.

     3,400        156,485  

TPR Co., Ltd.

     2,800        34,673  

Trend Micro, Inc.*

     2,200        122,079  

Tsurumi Manufacturing Co., Ltd.

     1,800        25,885  

Tv Tokyo Holdings Corp.

     4,100        72,704  

Unicharm Corp.

     2,500        108,528  

USS Co., Ltd.

     1,000        15,596  

V Technology Co., Ltd.

     300        9,366  

Vital KSK Holdings, Inc.

     2,700        18,921  

Wakita & Co., Ltd.

     3,000        28,032  

Yakult Honsha Co., Ltd.

     1,500        78,156  

YAMABIKO Corp.(a)

     2,400        25,968  

Yamada Holdings Co., Ltd.

     30,200        103,066  

Yamagata Bank Ltd. (The)

     4,800        36,181  

Yamaha Corp.

     1,100        54,162  

Yamaha Motor Co., Ltd.(a)

     3,700        88,648  

Yamanashi Chuo Bank Ltd. (The)

     3,400        25,392  

Yamato Holdings Co., Ltd.

     3,400        79,807  

Yokohama Rubber Co., Ltd. (The)(a)

     1,000        16,004  

Yokorei Co., Ltd.

     3,800        27,554  

Yorozu Corp.

     600        5,591  

Zeon Corp.

     3,900        44,942  
     

 

 

 
Total Japan

 

     35,292,575  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  
Netherlands – 2.4%

 

Aalberts N.V.

     299      $ 19,810  

Aegon N.V.

     8,093        40,430  

Akzo Nobel N.V.

     1,561        171,304  

Arcadis N.V.

     309        14,878  

ASM International N.V.

     284        125,536  

ASML Holding N.V.

     767        616,406  

ASR Nederland N.V.

     3,388        156,040  

BE Semiconductor Industries N.V.

     596        50,846  

Euronext N.V.(b)

     399        41,404  

Heineken Holding N.V.

     1,091        100,682  

Heineken N.V.

     928        104,329  

ING Groep N.V.

     33,291        463,464  

Koninklijke Ahold Delhaize N.V.

     10,506        360,036  

Koninklijke DSM N.V.

     941        211,881  

Koninklijke KPN N.V.

     60,626        188,217  

Koninklijke Philips N.V.

     4,893        182,315  

Koninklijke Vopak N.V.

     1,634        57,232  

NN Group N.V.

     6,250        338,388  

PostNL N.V.

     22,642        98,539  

Randstad N.V.

     2,475        168,987  

Rhi Magnesita N.V.

     1,755        78,586  

SBM Offshore N.V.

     3,947        58,777  

Signify N.V.(b)

     2,129        98,732  

Wolters Kluwer N.V.

     2,159        254,360  
     

 

 

 
Total Netherlands

 

     4,001,179  
Norway – 1.8%

 

ABG Sundal Collier Holding ASA

     15,044        15,746  

AF Gruppen ASA

     4,135        90,781  

Aker ASA, Class A

     772        72,225  

Aker BP ASA

     3,081        94,894  

Austevoll Seafood ASA

     7,072        85,329  

DNB Bank ASA

     14,275        326,996  

Equinor ASA

     28,532        763,265  

Gjensidige Forsikring ASA

     7,924        192,297  

Hunter Group ASA*

     7,054        2,368  

Kid ASA(b)

     2,416        30,850  

Komplett Bank ASA*

     20,763        18,201  

Kongsberg Gruppen ASA

     3,021        97,979  

Mowi ASA

     1,257        29,749  

Norsk Hydro ASA

     16,384        129,165  

Orkla ASA

     16,556        165,892  

Pareto Bank ASA

     6,987        47,144  

Storebrand ASA

     8,043        80,737  

Telenor ASA

     32,002        502,986  

TGS ASA

     3,404        32,649  

Veidekke ASA

     7,807        117,216  

Yara International ASA

     3,290        166,024  
     

 

 

 
Total Norway

 

     3,062,493  
Portugal – 0.3%

 

EDP – Energias de Portugal S.A.

     35,734        196,356  

Galp Energia, SGPS, S.A.

     16,426        159,151  

Jeronimo Martins, SGPS, S.A.

     3,859        88,208  
     

 

 

 
Total Portugal

 

     443,715  
Singapore – 1.6%

 

China Aviation Oil Singapore Corp., Ltd.

     28,400      19,802  

DBS Group Holdings Ltd.

     31,763        769,484  

Hour Glass Ltd. (The)

     12,000        18,158  

Jardine Cycle & Carriage Ltd.

     5,900        90,153  

Keppel Corp., Ltd.

     35,700        135,581  

NetLink NBN Trust

     176,900        131,217  

Olam International Ltd.

     74,700        96,966  

Oversea-Chinese Banking Corp., Ltd.

     53,401        451,561  

Propnex Ltd.

     12,000        15,043  

Riverstone Holdings Ltd.

     72,000        37,385  

Sembcorp Industries Ltd.

     49,200        72,989  

Singapore Exchange Ltd.

     12,900        88,989  

Singapore Technologies Engineering Ltd.

     34,800        97,057  

Singapore Telecommunications Ltd.

     90,400        155,567  

United Overseas Bank Ltd.

     24,728        493,404  

Venture Corp., Ltd.

     8,300        112,727  
     

 

 

 
Total Singapore

 

     2,786,083  
Spain – 2.7%

 

Acciona S.A.

     560        107,051  

Acerinox S.A.

     9,886        127,994  

Aedas Homes S.A.(b)

     2,072        56,786  

Banco Bilbao Vizcaya Argentaria S.A.

     57,974        346,122  

Banco Santander S.A.

     58,031        194,052  

CaixaBank S.A.

     28,757        78,944  

Cia de Distribucion Integral Logista Holdings S.A.

     6,968        138,908  

ContourGlobal PLC(b)

     20,747        53,785  

EDP Renovaveis S.A.

     2,941        73,245  

Enagas S.A.

     2,842        65,931  

Ferrovial S.A.

     5,312        166,485  

Fomento de Construcciones y Contratas S.A.

     6,978        87,924  

Grupo Catalana Occidente S.A.

     3,088        105,350  

Iberdrola S.A.

     68,110        806,303  

Industria de Diseno Textil S.A.

     16,928        549,217  

Inmobiliaria Colonial Socimi S.A.

     8,102        76,012  

Linea Directa Aseguradora S.A. Cia de Seguros y Reaseguros(a)

     48,681        89,047  

Mapfre S.A.

     92,885        190,713  

Metrovacesa S.A.(b)

     7,425        60,119  

Naturgy Energy Group S.A.

     18,154        591,059  

Prosegur Cash S.A.(a)(b)

     23,549        16,764  

Red Electrica Corp. S.A.(a)

     4,688        101,426  

Repsol S.A.

     15,326        181,886  

Viscofan S.A.

     1,719        111,231  

Zardoya Otis S.A.

     14,486        117,126  
     

 

 

 
Total Spain

 

     4,493,480  
Sweden – 3.2%

 

Alfa Laval AB

     2,047        82,388  

Assa Abloy AB, Class B

     6,310        192,495  

Atlas Copco AB, Class A

     4,484        309,933  

Atlas Copco AB, Class B

     2,981        175,228  

Axfood AB

     5,655        162,645  

Boliden AB

     1,535        59,339  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  

Castellum AB

     4,595      $ 123,733  

Elekta AB, Class B(a)

     8,464        107,087  

Epiroc AB, Class A

     5,426        137,360  

EQT AB

     3,324        180,998  

Essity AB, Class B

     5,512        179,840  

Evolution AB(b)

     667        94,755  

Fabege AB

     6,529        109,287  

FastPartner AB, Class A(a)

     6,246        83,751  

Hexagon AB, Class B

     2,040        32,367  

Hexpol AB

     8,935        119,708  

Intrum AB

     3,241        83,550  

Investment AB Latour, Class B

     2,927        119,196  

Lundin Energy AB

     6,238        223,577  

Nordic Paper Holding AB

     5,575        23,399  

Peab AB, Class B

     10,846        136,805  

Saab AB, Class B

     3,309        84,170  

Sandvik AB

     5,715        159,447  

Scandi Standard AB

     11,510        52,123  

Securitas AB, Class B

     6,902        95,024  

Skandinaviska Enskilda Banken AB, Class A

     23,235        322,970  

Skanska AB, Class B

     5,940        153,653  

SKF AB, Class B

     2,964        70,222  

Svenska Cellulosa AB SCA, Class B

     1,953        34,675  

Svenska Handelsbanken AB, Class A

     14,683        158,704  

Svenska Handelsbanken AB, Class B(a)

     6,173        73,499  

Swedbank AB, Class A

     5,556        111,748  

Swedish Match AB

     18,968        150,883  

Tele2 AB, Class B

     14,319        204,176  

Telefonaktiebolaget LM Ericsson, Class B

     19,543        215,400  

Telia Co. AB

     49,074        191,903  

Trelleborg AB, Class B

     5,810        152,600  

Volvo AB, Class A

     6,617        155,379  

Volvo AB, Class B

     9,450        218,823  
     

 

 

 
Total Sweden

 

     5,342,840  
Switzerland – 9.4%

 

ABB Ltd., Registered Shares

     20,257        775,909  

Adecco Group AG, Registered Shares

     1,210        61,884  

Baloise Holding AG, Registered Shares

     683        111,766  

Banque Cantonale Vaudoise, Registered Shares

     215        16,706  

BKW AG

     689        89,684  

Cie Financiere Richemont S.A., Registered Shares

     2,441        366,893  

Clariant AG, Registered Shares*

     967        20,165  

Coca-Cola HBC AG*

     3,114        107,764  

DKSH Holding AG

     1,125        92,973  

EMS-Chemie Holding AG, Registered Shares

     192        215,148  

Geberit AG, Registered Shares

     233        190,563  

Helvetia Holding AG, Registered Shares

     696        82,040  

Holcim Ltd., Registered Shares*

     5,999        306,221  

Julius Baer Group Ltd.

     1,457        97,832  

Kuehne + Nagel International AG, Registered Shares

     986        318,585  

Landis + Gyr Group AG*

     791        53,607  

Logitech International S.A., Registered Shares

     922        77,795  

Lonza Group AG, Registered Shares

     161        134,575  

Mobilezone Holding AG, Registered Shares

     3,479        52,005  

Nestle S.A., Registered Shares

     26,811      3,749,979  

Novartis AG, Registered Shares

     24,480        2,156,894  

Partners Group Holding AG

     225        373,498  

PSP Swiss Property AG, Registered Shares

     764        95,338  

Roche Holding AG

     4,932        2,052,045  

Roche Holding AG, Bearer Shares

     1,119        502,055  

Schindler Holding AG, Registered Shares

     192        51,501  

SGS S.A., Registered Shares

     90        300,971  

SIG Combibloc Group AG*

     3,477        97,157  

Sika AG, Registered Shares

     561        234,091  

Sonova Holding AG, Registered Shares

     40        15,708  

STMicroelectronics N.V.

     1,757        87,435  

Sulzer AG, Registered Shares

     1,057        104,232  

Swatch Group AG (The), Registered Shares

     1,636        95,971  

Swiss Life Holding AG, Registered Shares

     480        294,485  

Swiss Prime Site AG, Registered Shares

     1,372        134,994  

Swisscom AG, Registered Shares

     843        476,110  

UBS Group AG, Registered Shares

     24,583        443,015  

VAT Group AG(b)

     280        139,639  

Zurich Insurance Group AG

     2,873        1,262,524  
     

 

 

 
Total Switzerland

 

     15,839,757  
United Kingdom – 14.8%

 

Abrdn PLC

     32,532        106,148  

Admiral Group PLC

     10,118        432,646  

Airtel Africa PLC(b)

     69,903        126,587  

Anglo American PLC

     23,019        940,331  

Antofagasta PLC

     11,372        206,167  

Ashmore Group PLC

     24,760        97,590  

Ashtead Group PLC

     2,150        173,035  

AstraZeneca PLC

     9,868        1,159,877  

Aviva PLC

     68,003        378,006  

BAE Systems PLC

     49,482        368,481  

Barclays PLC

     38,330        97,083  

Barratt Developments PLC

     14,202        143,884  

Bellway PLC

     2,436        110,069  

Big Yellow Group PLC

     5,326        123,140  

BP PLC

     215,450        964,453  

British Land Co. PLC (The)

     18,412        132,421  

Bunzl PLC

     4,835        188,932  

Burberry Group PLC

     3,435        84,560  

Cazoo Group Ltd.*

     2,777        16,745  

Central Asia Metals PLC

     16,997        59,626  

Close Brothers Group PLC

     6,105        116,096  

CNH Industrial N.V.

     1,910        37,077  

Coca-Cola Europacific Partners PLC

     2,446        136,520  

Computacenter PLC

     2,922        115,169  

ConvaTec Group PLC(b)

     33,213        86,889  

Croda International PLC

     947        129,806  

Daily Mail & General Trust PLC, Class A Non-Voting Shares

     4,832        17,671  

DCC PLC

     958        78,503  

Diageo PLC

     18,448        1,008,471  

Direct Line Insurance Group PLC

     46,784        176,793  

Diversified Energy Co. PLC

     41,324        58,434  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

 

 

Investments    Shares      Value  

Domino’s Pizza Group PLC

     15,118      $ 93,946  

Drax Group PLC

     11,278        92,417  

DS Smith PLC

     17,238        89,610  

Ferrexpo PLC

     22,727        92,163  

Fresnillo PLC

     11,544        139,596  

GlaxoSmithKline PLC

     71,756        1,561,453  

Grafton Group PLC

     4,253        71,027  

H&T Group PLC

     2,465        9,849  

Hargreaves Lansdown PLC

     2,231        40,945  

Hikma Pharmaceuticals PLC

     3,205        96,327  

HomeServe PLC

     9,117        107,988  

HSBC Holdings PLC*

     189,575        1,151,998  

Hunting PLC

     3,479        7,973  

IMI PLC

     4,729        111,194  

Imperial Brands PLC

     32,763        717,336  

Inchcape PLC

     9,267        114,158  

Intertek Group PLC

     1,034        78,848  

Investec PLC

     11,209        61,108  

J Sainsbury PLC

     27,941        104,376  

James Fisher & Sons PLC*

     1,476        7,387  

Johnson Matthey PLC

     2,373        65,761  

Jupiter Fund Management PLC

     12,623        43,837  

Kingfisher PLC

     23,582        108,055  

Land Securities Group PLC

     17,559        184,650  

Legal & General Group PLC

     78,023        314,393  

Linde PLC*

     2,041        710,233  

Lloyds Banking Group PLC

     387,799        251,072  

London Stock Exchange Group PLC

     1,056        99,120  

Mondi PLC

     2,896        71,625  

Moneysupermarket.com Group PLC

     32,258        94,374  

Morgan Sindall Group PLC

     1,605        54,782  

National Grid PLC

     46,172        662,774  

Natwest Group PLC

     75,256        230,057  

OSB Group PLC

     17,394        130,636  

Pan African Resources PLC

     20,488        4,634  

Pearson PLC

     1,987        16,503  

Pets at Home Group PLC

     6,307        39,723  

Reach PLC

     3,702        14,165  

Reckitt Benckiser Group PLC

     4,890        420,047  

Redde Northgate PLC

     3,032        17,926  

Redrow PLC

     6,455        61,271  

RELX PLC

     13,228        430,358  

Rio Tinto PLC

     44,400        3,001,931  

Rotork PLC

     20,722        100,255  

Royal Dutch Shell PLC, Class A

     34,198        751,209  

Royal Dutch Shell PLC, Class B

     27,770        610,235  

Royal Mail PLC

     13,775        94,407  

Sage Group PLC (The)

     3,925        45,326  

Schroders PLC

     3,231        155,794  

Segro PLC

     8,830        171,802  

Severn Trent PLC

     3,077        122,820  

Smith & Nephew PLC

     3,416        59,848  

Smiths Group PLC

     3,891        83,242  

SSE PLC

     20,207        451,321  

St. James’s Place PLC

     6,075      138,523  

Standard Chartered PLC

     25,589        155,411  

Synthomer PLC

     14,203        76,872  

Tate & Lyle PLC

     16,864        151,073  

Taylor Wimpey PLC

     86,964        206,719  

TBC Bank Group PLC

     1,983        44,317  

Tesco PLC

     54,274        213,110  

Unilever PLC

     24,424        1,305,214  

United Utilities Group PLC

     16,765        247,283  

UP Global Sourcing Holdings PLC

     861        2,379  

Vivo Energy PLC(b)

     60,166        107,406  
     

 

 

 
Total United Kingdom

 

     24,943,402  
TOTAL COMMON STOCKS
(Cost: $144,062,436)

 

     168,557,935  
RIGHTS – 0.0%

 

Austria – 0.0%

 

CA Immobilien Anlagen AG*
(Cost: $0)
     1,448        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.2%

 

United States – 2.2%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 0.03%(c)

     
(Cost: $3,643,425)      3,643,425        3,643,425  

TOTAL INVESTMENTS IN SECURITIES – 102.3%

(Cost: $147,705,861)

 

 

     172,201,360  

Other Assets less Liabilities – (2.3)%

 

     (3,855,360
     

 

 

 
NET ASSETS – 100.0%

 

   $ 168,346,000  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $0, which represents 0.0% of net assets.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2021 (See Note 2). At December 31, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $5,111,961 and the total market value of the collateral held by the Fund was $5,386,716. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,743,291.

 

(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, 2021.

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

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 N.A.

    1/5/2022       3,322,928       CHF       3,647,117       USD     $     $ (63

Citibank N.A.

    1/5/2022       2,643,330       DKK       404,178       USD             (6

Citibank N.A.

    1/5/2022       7,351,391       EUR       8,360,105       USD       58        

Citibank N.A.

    1/5/2022       298,706       ILS       95,973       USD       0 ^       

Citibank N.A.

    1/5/2022       3,258,195       NOK       369,469       USD       5        

Citibank N.A.

    1/5/2022       12,359,362       SEK       1,365,096       USD       10        

Citibank N.A.

    1/5/2022       496,611       SGD       368,361       USD       1        

Citibank N.A.

    1/5/2022       3,674,722       USD       3,395,300       CHF             (51,762

Citibank N.A.

    1/5/2022       407,237       USD       2,687,160       DKK             (3,636

Citibank N.A.

    1/5/2022       8,423,382       USD       7,472,479       EUR             (74,485

Citibank N.A.

    1/5/2022       96,700       USD       304,165       ILS             (1,027

Citibank N.A.

    1/5/2022       372,266       USD       3,392,475       NOK             (12,435

Citibank N.A.

    1/5/2022       1,375,428       USD       12,462,328       SEK             (1,051

Citibank N.A.

    1/5/2022       371,149       USD       508,980       SGD             (6,389

Citibank N.A.

    1/6/2022       4,327,713       AUD       3,146,477       USD             (4

Citibank N.A.

    1/6/2022       3,691,883       GBP       5,000,419       USD       43        

Citibank N.A.

    1/6/2022       834,889,939       JPY       7,250,128       USD       61        

Citibank N.A.

    1/6/2022       3,170,292       USD       4,468,788       AUD             (78,750

Citibank N.A.

    1/6/2022       5,038,267       USD       3,804,817       GBP             (115,159

Citibank N.A.

    1/6/2022       7,305,004       USD       828,815,526       JPY       107,566        

Citibank N.A.

    2/3/2022       3,384,332       USD       4,654,607       AUD             (90

Citibank N.A.

    2/3/2022       3,902,215       USD       3,552,834       CHF             (79

Citibank N.A.

    2/3/2022       423,713       USD       2,769,606       DKK             (28

Citibank N.A.

    2/3/2022       8,766,305       USD       7,704,346       EUR             (308

Citibank N.A.

    2/3/2022       5,312,665       USD       3,922,613       GBP       11        

Citibank N.A.

    2/3/2022       101,459       USD       315,745       ILS             (1

Citibank N.A.

    2/3/2022       7,354,655       USD       846,775,997       JPY             (253

Citibank N.A.

    2/3/2022       388,298       USD       3,426,026       NOK             (4

Citibank N.A.

    2/3/2022       1,396,439       USD       12,640,763       SEK             (69

Citibank N.A.

    2/7/2022       376,749       USD       508,032       SGD             (7

Goldman Sachs

    1/5/2022       3,323,023       CHF       3,647,117       USD       41        

Goldman Sachs

    1/5/2022       2,643,391       DKK       404,178       USD       3        

Goldman Sachs

    1/5/2022       7,351,424       EUR       8,360,105       USD       95        

Goldman Sachs

    1/5/2022       298,712       ILS       95,973       USD       2        

Goldman Sachs

    1/5/2022       3,258,186       NOK       369,469       USD       4        

Goldman Sachs

    1/5/2022       12,359,415       SEK       1,365,096       USD       16        

Goldman Sachs

    1/5/2022       496,614       SGD       368,361       USD       4        

Goldman Sachs

    1/5/2022       3,674,722       USD       3,395,410       CHF             (51,883

Goldman Sachs

    1/5/2022       407,237       USD       2,687,119       DKK             (3,630

Goldman Sachs

    1/5/2022       8,423,382       USD       7,472,347       EUR             (74,334

Goldman Sachs

    1/5/2022       96,700       USD       304,381       ILS             (1,096

Goldman Sachs

    1/5/2022       372,266       USD       3,392,539       NOK             (12,442

Goldman Sachs

    1/5/2022       1,375,428       USD       12,462,464       SEK             (1,066

Goldman Sachs

    1/5/2022       371,149       USD       508,980       SGD             (6,388

Goldman Sachs

    1/6/2022       4,327,773       AUD       3,146,477       USD       39        

Goldman Sachs

    1/6/2022       3,691,809       GBP       5,000,419       USD             (57

Goldman Sachs

    1/6/2022       834,889,214       JPY       7,250,128       USD       54        

Goldman Sachs

    1/6/2022       3,170,292       USD       4,468,901       AUD             (78,832

Goldman Sachs

    1/6/2022       5,038,267       USD       3,804,826       GBP             (115,171

Goldman Sachs

    1/6/2022       7,305,004       USD       828,800,916       JPY       107,692        

Goldman Sachs

    2/3/2022       3,384,332       USD       4,654,575       AUD             (67

Goldman Sachs

    2/3/2022       3,902,215       USD       3,552,846       CHF             (92

Goldman Sachs

    2/3/2022       423,713       USD       2,769,479       DKK             (8

Goldman Sachs

    2/3/2022       8,766,305       USD       7,704,413       EUR             (385

Goldman Sachs

    2/3/2022       5,312,665       USD       3,922,514       GBP       144        

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

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

    2/3/2022       101,459       USD       315,744       ILS     $     $ (1

Goldman Sachs

    2/3/2022       7,354,655       USD       846,778,938       JPY             (279

Goldman Sachs

    2/3/2022       388,298       USD       3,426,007       NOK             (2

Goldman Sachs

    2/3/2022       1,396,439       USD       12,640,342       SEK             (23

Goldman Sachs

    2/7/2022       376,749       USD       508,032       SGD             (7

JP Morgan Chase Bank N.A.

    1/5/2022       101,310       CHF       110,418       USD       774        

JP Morgan Chase Bank N.A.

    1/5/2022       3,323,005       CHF       3,647,117       USD       21        

JP Morgan Chase Bank N.A.

    1/5/2022       80,387       DKK       12,237       USD       54        

JP Morgan Chase Bank N.A.

    1/5/2022       2,643,386       DKK       404,178       USD       2        

JP Morgan Chase Bank N.A.

    1/5/2022       223,541       EUR       253,107       USD       1,109        

JP Morgan Chase Bank N.A.

    1/5/2022       7,351,378       EUR       8,360,105       USD       43        

JP Morgan Chase Bank N.A.

    1/5/2022       9,047       ILS       2,906       USD       1        

JP Morgan Chase Bank N.A.

    1/5/2022       298,708       ILS       95,973       USD       1        

JP Morgan Chase Bank N.A.

    1/5/2022       98,974       NOK       11,186       USD       38        

JP Morgan Chase Bank N.A.

    1/5/2022       3,258,176       NOK       369,469       USD       3        

JP Morgan Chase Bank N.A.

    1/5/2022       376,293       SEK       41,329       USD       233        

JP Morgan Chase Bank N.A.

    1/5/2022       12,359,327       SEK       1,365,096       USD       6        

JP Morgan Chase Bank N.A.

    1/5/2022       15,135       SGD       11,152       USD       75        

JP Morgan Chase Bank N.A.

    1/5/2022       496,610       SGD       368,361       USD       1        

JP Morgan Chase Bank N.A.

    1/5/2022       3,674,722       USD       3,395,186       CHF             (51,637

JP Morgan Chase Bank N.A.

    1/5/2022       407,237       USD       2,687,110       DKK             (3,629

JP Morgan Chase Bank N.A.

    1/5/2022       8,423,382       USD       7,472,473       EUR             (74,477

JP Morgan Chase Bank N.A.

    1/5/2022       96,700       USD       304,139       ILS             (1,019

JP Morgan Chase Bank N.A.

    1/5/2022       372,266       USD       3,392,447       NOK             (12,432

JP Morgan Chase Bank N.A.

    1/5/2022       1,375,428       USD       12,461,808       SEK             (993

JP Morgan Chase Bank N.A.

    1/5/2022       371,149       USD       508,981       SGD             (6,389

JP Morgan Chase Bank N.A.

    1/6/2022       131,599       AUD       95,261       USD       418        

JP Morgan Chase Bank N.A.

    1/6/2022       4,327,725       AUD       3,146,477       USD       5        

JP Morgan Chase Bank N.A.

    1/6/2022       112,811       GBP       151,391       USD       1,406        

JP Morgan Chase Bank N.A.

    1/6/2022       3,691,826       GBP       5,000,419       USD             (34

JP Morgan Chase Bank N.A.

    1/6/2022       25,213,114       JPY       219,501       USD             (550

JP Morgan Chase Bank N.A.

    1/6/2022       834,885,589       JPY       7,250,128       USD       23        

JP Morgan Chase Bank N.A.

    1/6/2022       3,170,292       USD       4,468,825       AUD             (78,777

JP Morgan Chase Bank N.A.

    1/6/2022       5,038,267       USD       3,804,800       GBP             (115,136

JP Morgan Chase Bank N.A.

    1/6/2022       7,305,004       USD       828,808,221       JPY       107,629        

JP Morgan Chase Bank N.A.

    2/3/2022       3,384,332       USD       4,654,536       AUD             (39

JP Morgan Chase Bank N.A.

    2/3/2022       3,902,215       USD       3,552,846       CHF             (92

JP Morgan Chase Bank N.A.

    2/3/2022       423,713       USD       2,769,593       DKK             (26

JP Morgan Chase Bank N.A.

    2/3/2022       8,766,305       USD       7,704,325       EUR             (285

JP Morgan Chase Bank N.A.

    2/3/2022       5,312,665       USD       3,922,587       GBP       46        

JP Morgan Chase Bank N.A.

    2/3/2022       101,459       USD       315,751       ILS             (3

JP Morgan Chase Bank N.A.

    2/3/2022       7,354,655       USD       846,770,113       JPY             (202

JP Morgan Chase Bank N.A.

    2/3/2022       388,298       USD       3,426,089       NOK             (11

JP Morgan Chase Bank N.A.

    2/3/2022       1,396,439       USD       12,640,746       SEK             (67

JP Morgan Chase Bank N.A.

    2/7/2022       376,749       USD       508,029       SGD             (4

UBS AG

    1/5/2022       3,323,104       CHF       3,647,118       USD       129        

UBS AG

    1/5/2022       2,643,438       DKK       404,176       USD       12        

UBS AG

    1/5/2022       7,351,359       EUR       8,360,105       USD       21        

UBS AG

    1/5/2022       298,709       ILS       95,973       USD       1        

UBS AG

    1/5/2022       3,258,121       NOK       369,469       USD             (3

UBS AG

    1/5/2022       12,359,490       SEK       1,365,095       USD       25        

UBS AG

    1/5/2022       496,608       SGD       368,359       USD       1        

UBS AG

    1/5/2022       3,674,721       USD       3,395,189       CHF             (51,641

UBS AG

    1/5/2022       407,236       USD       2,687,190       DKK             (3,642

UBS AG

    1/5/2022       8,423,381       USD       7,472,531       EUR             (74,545

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)

December 31, 2021

 

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
 

UBS AG

    1/5/2022       96,698       USD       304,162       ILS     $     $ (1,028

UBS AG

    1/5/2022       372,264       USD       3,392,420       NOK             (12,431

UBS AG

    1/5/2022       1,375,428       USD       12,462,328       SEK             (1,051

UBS AG

    1/5/2022       371,147       USD       508,981       SGD             (6,391

UBS AG

    1/6/2022       4,327,772       AUD       3,146,476       USD       39        

UBS AG

    1/6/2022       3,691,806       GBP       5,000,418       USD             (60

UBS AG

    1/6/2022       834,896,957       JPY       7,250,129       USD       121        

UBS AG

    1/6/2022       3,170,292       USD       4,468,870       AUD             (78,809

UBS AG

    1/6/2022       5,038,265       USD       3,804,905       GBP             (115,280

UBS AG

    1/6/2022       7,305,002       USD       828,806,533       JPY       107,642        

UBS AG

    2/3/2022       3,384,332       USD       4,654,607       AUD             (90

UBS AG

    2/3/2022       3,902,216       USD       3,552,847       CHF             (92

UBS AG

    2/3/2022       423,711       USD       2,769,593       DKK             (28

UBS AG

    2/3/2022       8,766,303       USD       7,704,290       EUR             (246

UBS AG

    2/3/2022       5,312,664       USD       3,922,540       GBP       109        

UBS AG

    2/3/2022       101,457       USD       315,747       ILS             (4

UBS AG

    2/3/2022       7,354,656       USD       846,775,759       JPY             (250

UBS AG

    2/3/2022       388,296       USD       3,425,892       NOK       9        

UBS AG

    2/3/2022       1,396,439       USD       12,640,749       SEK             (68

UBS AG

    2/7/2022       376,750       USD       508,030       SGD             (4
                                            $ 435,846     $ (1,382,834

^   Amount represents less than $1.

             

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

           

Japan

   $ 35,186,049      $ 106,526      $      $ 35,292,575  

Other

     133,265,360                      133,265,360  

Rights

                   0 *       0  

Investment of Cash Collateral for Securities Loaned

            3,643,425               3,643,425  

Total Investments in Securities

   $ 168,451,409      $ 3,749,951      $ 0      $ 172,201,360  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 435,846      $      $ 435,846  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (1,382,834    $      $ (1,382,834

Total – Net

   $ 168,451,409      $ 2,802,963      $ 0      $ 171,254,372  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.1%

 

Australia – 12.8%

 

Accent Group Ltd.

     35,788      $ 63,748  

Adairs Ltd.

     22,688        66,146  

Adbri Ltd.

     36,314        74,454  

ARB Corp., Ltd.

     2,343        89,450  

AUB Group Ltd.

     4,197        78,605  

Austal Ltd.(a)

     24,866        35,254  

Australian Finance Group Ltd.

     28,876        56,685  

Australian Pharmaceutical Industries Ltd.

     21,841        27,472  

Autosports Group Ltd.(a)

     16,130        25,096  

Baby Bunting Group Ltd.(a)

     6,693        27,348  

Bapcor Ltd.

     11,369        57,943  

Beach Energy Ltd.(a)

     42,609        39,033  

Beacon Lighting Group Ltd.

     23,506        52,979  

Bega Cheese Ltd.(a)

     8,859        36,520  

Bravura Solutions Ltd.

     13,064        23,460  

Breville Group Ltd.(a)

     2,128        49,045  

Brickworks Ltd.

     4,636        81,434  

Capitol Health Ltd.

     103,607        29,378  

Cardno Ltd.*

     2,729        3,829  

Centuria Capital Group

     53,083        135,079  

Codan Ltd.

     5,189        35,199  

Collins Foods Ltd.(a)

     3,013        29,288  

Costa Group Holdings Ltd.

     20,161        44,414  

Credit Corp Group Ltd.

     1,996        48,586  

Cromwell Property Group

     266,880        168,811  

CSR Ltd.

     39,938        170,737  

Dicker Data Ltd.(a)

     5,731        61,834  

Domain Holdings Australia Ltd.

     6,836        28,081  

Dusk Group Ltd.

     14,440        33,491  

Eagers Automotive Ltd.

     10,319        100,833  

Elders Ltd.

     9,416        83,931  

Genworth Mortgage Insurance Australia Ltd.

     15,506        26,155  

GrainCorp Ltd., Class A

     9,291        55,796  

Growthpoint Properties Australia Ltd.

     70,700        224,115  

GUD Holdings Ltd.

     7,149        59,098  

GWA Group Ltd.

     20,939        41,865  

Hansen Technologies Ltd.

     5,310        20,654  

Healius Ltd.

     23,853        91,567  

Home Consortium Ltd.*

     6,958        40,218  

Iluka Resources Ltd.

     10,447        76,714  

Infomedia Ltd.

     28,120        31,280  

Ingenia Communities Group

     12,188        55,117  

Inghams Group Ltd.

     32,817        83,509  

Insignia Financial Ltd.

     35,488        93,402  

Integral Diagnostics Ltd.

     9,171        32,939  

Invocare Ltd.(a)

     2,060        17,613  

IPH Ltd.

     9,842        62,826  

IRESS Ltd.

     9,922        90,172  

IVE Group Ltd.

     18,220        23,050  

Johns Lyng Group Ltd.(a)

     5,213        34,604  

Jumbo Interactive Ltd.(a)

     2,258        31,586  

Kelsian Group Ltd.

     7,324        39,298  

Lovisa Holdings Ltd.

     2,761      40,328  

MA Financial Group Ltd.(a)

     4,831        31,436  

McMillan Shakespeare Ltd.

     7,729        67,882  

Metcash Ltd.(a)

     80,126        262,150  

Monadelphous Group Ltd.

     5,982        41,970  

Monash IVF Group Ltd.

     49,250        37,777  

Money3 Corp. Ltd.

     12,771        32,962  

MyState Ltd.

     13,422        49,475  

Navigator Global Investments Ltd.

     22,633        30,525  

Netwealth Group Ltd.

     3,648        46,919  

New Hope Corp., Ltd.(a)

     59,671        96,746  

NIB Holdings Ltd.

     35,036        178,565  

Nick Scali Ltd.

     5,242        58,502  

Nickel Mines Ltd.

     132,147        137,391  

NRW Holdings Ltd.

     32,888        42,203  

Omni Bridgeway Ltd.*

     8,035        21,498  

Orora Ltd.

     74,767        190,258  

Pact Group Holdings Ltd.

     19,621        36,092  

Pendal Group Ltd.

     43,499        176,157  

Perpetual Ltd.

     3,605        94,278  

Pinnacle Investment Management Group Ltd.

     6,830        77,515  

Platinum Asset Management Ltd.

     62,507        122,703  

Ramelius Resources Ltd.

     23,164        26,441  

Regis Healthcare Ltd.

     19,179        26,075  

Reliance Worldwide Corp., Ltd.

     39,955        182,139  

Resimac Group Ltd.

     31,219        43,126  

Sandfire Resources Ltd.

     28,961        138,549  

Senex Energy Ltd.(a)

     10,158        34,120  

Sims Ltd.

     12,292        143,527  

SmartGroup Corp., Ltd.

     12,685        71,475  

Super Retail Group Ltd.

     19,998        181,163  

Tassal Group Ltd.

     14,810        37,579  

Technology One Ltd.

     7,115        66,266  

United Malt Group Ltd.

     10,670        33,823  

Virtus Health Ltd.(a)

     11,315        56,352  

Viva Energy Group Ltd.(b)

     32,189        54,997  
     

 

 

 
Total Australia

 

     6,058,705  
Austria – 1.3%

 

AT&S Austria Technologie & Systemtechnik AG

     682        33,582  

Oesterreichische Post AG

     6,009        258,304  

POLYTEC Holding AG

     4,107        32,086  

S IMMO AG

     2,795        69,132  

S&T AG

     1,347        22,456  

Semperit AG Holding

     2,291        76,336  

UNIQA Insurance Group AG

     9,067        83,210  

Zumtobel Group AG

     2,654        23,240  
     

 

 

 
Total Austria

 

     598,346  
Belgium – 1.3%

 

Befimmo S.A.

     2,642        101,401  

Bekaert S.A.

     3,167        140,963  

Deceuninck N.V.

     5,928        22,651  

Econocom Group S.A./N.V.

     16,601        68,813  

Fagron

     1,421        23,916  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  

Intervest Offices & Warehouses N.V.

     2,814      $ 90,242  

Ion Beam Applications

     1,145        19,844  

Recticel S.A.

     1,236        24,626  

TINC Comm VA

     3,392        51,843  

Xior Student Housing N.V.

     1,118        62,362  
     

 

 

 
Total Belgium

 

     606,661  
China – 3.4%

 

Beijing Tong Ren Tang Chinese Medicine Co., Ltd.

     32,300        55,599  

China Nonferrous Mining Corp. Ltd.

     265,000        105,371  

China South City Holdings Ltd.(a)

     652,000        61,050  

China Traditional Chinese Medicine Holdings Co., Ltd.

     140,000        92,839  

CITIC Telecom International Holdings Ltd.

     422,678        142,586  

CPMC Holdings Ltd.

     109,900        61,460  

Genertec Universal Medical Group Co., Ltd.(b)

     135,800        98,066  

Poly Property Group Co., Ltd.

     348,000        91,505  

Shanghai Industrial Holdings Ltd.

     111,000        161,738  

Shoucheng Holdings Ltd.

     442,000        87,875  

Shougang Fushan Resources Group Ltd.

     553,885        187,558  

Simcere Pharmaceutical Group Ltd.(b)

     84,000        96,861  

Sino-Ocean Group Holding Ltd.

     966,000        225,507  

Yanlord Land Group Ltd.

     153,709        126,556  

Zensun Enterprises Ltd.(a)

     66,000        32,677  
     

 

 

 
Total China

 

     1,627,248  
Denmark – 1.6%

 

Alm Brand A/S

     93,938        182,985  

Cementir Holding N.V.

     5,291        50,422  

Chemometec A/S

     206        26,237  

D/S Norden A/S

     3,212        81,721  

FLSmidth & Co. A/S

     681        25,438  

Huscompagniet A/S

     1,209        21,887  

Matas A/S

     1,745        33,218  

Per Aarsleff Holding A/S

     592        27,653  

Scandinavian Tobacco Group A/S, Class A(b)

     9,004        189,022  

Spar Nord Bank A/S

     4,116        52,612  

Sydbank A/S

     2,176        68,804  
     

 

 

 
Total Denmark

 

     759,999  
Finland – 2.4%

 

Aktia Bank Oyj

     6,392        89,263  

Anora Group Oyj(a)

     7,947        98,145  

Cargotec Oyj, Class B

     1,834        91,434  

Caverion Oyj

     4,739        34,437  

Fiskars Oyj Abp

     2,832        74,073  

Kemira Oyj

     7,588        115,026  

Lassila & Tikanoja Oyj

     2,305        35,230  

Musti Group Oyj*

     1,047        36,862  

Neles Oyj

     3,681        57,307  

Oma Saastopankki Oyj

     1,424        27,691  

Raisio Oyj, Class V

     11,083        42,474  

Sanoma Oyj

     4,207        65,161  

Taaleri Oyj

     3,708        47,227  

Terveystalo Oyj(b)

     3,347        45,065  

Tokmanni Group Corp.

     5,387        120,378  

Uponor Oyj

     3,727      88,751  

Verkkokauppa.com Oyj(a)

     4,029        32,668  

YIT Oyj

     8,549        41,940  
     

 

 

 
Total Finland

 

     1,143,132  
France – 3.4%

 

ABC Arbitrage

     3,663        29,742  

AKWEL

     1,236        30,571  

Albioma S.A.

     1,283        50,016  

Chargeurs S.A.

     2,210        65,494  

Coface S.A.

     9,944        141,693  

Fnac Darty S.A.

     804        52,573  

IPSOS

     2,232        104,702  

Kaufman & Broad S.A.

     1,658        69,668  

Maisons du Monde S.A.(b)

     1,148        26,580  

Mersen S.A.

     811        34,032  

Metropole Television S.A.

     13,816        269,610  

Nexity S.A.

     6,100        286,772  

Quadient S.A.

     1,155        25,140  

Societe BIC S.A.

     3,338        179,626  

Television Francaise 1

     16,265        161,383  

Vicat S.A.

     2,315        94,774  
     

 

 

 
Total France

 

     1,622,376  
Germany – 2.7%

 

7C Solarparken AG

     9,144        45,182  

Aareal Bank AG

     1,208        39,509  

AIXTRON SE

     1,198        24,345  

AURELIUS Equity Opportunities SE & Co. KGaA

     1,774        54,550  

Bilfinger SE

     3,765        128,019  

CANCOM SE

     708        47,680  

CropEnergies AG

     3,881        54,109  

Deutsche Pfandbriefbank AG(b)

     4,563        54,848  

DIC Asset AG

     5,152        90,051  

Eckert & Ziegler Strahlen- und Medizintechnik AG

     193        20,653  

Encavis AG

     3,661        64,781  

GRENKE AG

     550        19,170  

Hamborner REIT AG

     7,467        85,068  

Hamburger Hafen und Logistik AG

     2,409        56,324  

Hensoldt AG

     1,426        20,303  

Hornbach Baumarkt AG

     968        52,454  

Hornbach Holding AG & Co. KGaA

     388        58,463  

Instone Real Estate Group SE(b)

     1,474        27,892  

Jenoptik AG

     611        25,806  

JOST Werke AG(b)

     486        27,358  

MLP SE

     4,360        42,492  

Mutares SE & Co. KGaA

     1,979        51,199  

NORMA Group SE

     1,274        49,085  

PATRIZIA AG

     1,861        43,385  

Wacker Neuson SE

     2,260        64,869  

Wuestenrot & Wuerttembergische AG

     1,398        28,076  
     

 

 

 
Total Germany

 

     1,275,671  
Hong Kong – 1.8%

 

Dah Sing Banking Group Ltd.

     94,800        80,983  

Dah Sing Financial Holdings Ltd.

     21,600        65,385  

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  

Fortune Real Estate Investment Trust

     192,000      $ 197,263  

Hutchison Port Holdings Trust

     1,007,600        226,710  

Kowloon Development Co., Ltd.

     73,000        96,443  

Nissin Foods Co., Ltd.(a)

     50,000        38,287  

Singamas Container Holdings Ltd.

     432,000        64,831  

Sun Hung Kai & Co., Ltd.

     69,000        36,818  

Vitasoy International Holdings Ltd.(a)

     32,000        64,605  
     

 

 

 
Total Hong Kong

 

     871,325  
Indonesia – 0.1%

 

Bumitama Agri Ltd.

     72,800        29,160  

First Resources Ltd.

     39,927        44,720  
     

 

 

 
Total Indonesia

 

     73,880  
Ireland – 0.3%

 

Hibernia REIT PLC

     38,174        56,435  

Kenmare Resources PLC

     5,966        37,494  

Origin Enterprises PLC

     7,330        27,508  
     

 

 

 
Total Ireland

 

     121,437  
Israel – 4.5%

 

Altshuler Shaham Provident Funds & Pension Ltd.

     5,838        31,512  

Arad Ltd.

     1,818        28,855  

Ashtrom Group Ltd.

     5,543        150,311  

Carasso Motors Ltd.

     8,709        57,167  

Delek Automotive Systems Ltd.

     8,940        126,385  

Delek Group Ltd.*

     0        28  

Elco Ltd.

     394        28,989  

Electra Real Estate Ltd.

     1,666        33,187  

Energix-Renewable Energies Ltd.

     16,112        68,592  

FIBI Holdings Ltd.

     993        45,368  

Freshmarket Ltd.

     7,575        31,567  

Gav-Yam Lands Corp. Ltd.

     10,411        128,448  

Gazit-Globe Ltd.

     10,136        80,081  

Harel Insurance Investments & Financial Services Ltd.

     10,306        117,020  

IDI Insurance Co., Ltd.

     2,143        78,149  

Israel Land Development – Urban Renewal Ltd.

     2,200        37,604  

Magic Software Enterprises Ltd.

     1,549        32,847  

Matrix IT Ltd.

     2,276        69,068  

Max Stock Ltd.

     9,499        33,877  

Maytronics Ltd.

     2,339        57,707  

Mediterranean Towers Ltd.

     11,374        34,607  

Mega Or Holdings Ltd.

     1,273        58,407  

Mehadrin Ltd.*

     0        23  

Meitav Dash Investments Ltd.

     7,641        40,974  

Menora Mivtachim Holdings Ltd.

     2,025        47,899  

Mivne Real Estate KD Ltd.

     27,203        116,944  

Nawi Brothers Ltd.

     5,179        52,982  

One Software Technologies Ltd.

     2,437        48,468  

Palram Industries 1990 Ltd.

     2,772        42,198  

Phoenix Holdings Ltd. (The)

     14,222        183,830  

Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.

     1,001        75,033  

Shapir Engineering and Industry Ltd.

     7,063        62,451  

Shufersal Ltd.

     7,029        58,492  

Tiv Taam Holdings 1 Ltd.

     8,141      29,086  

Victory Supermarket Chain Ltd.

     1,291        27,613  
     

 

 

 
Total Israel

 

     2,115,769  
Italy – 3.9%

 

Alerion Cleanpower SpA(a)

     1,069        35,923  

Anima Holding SpA(b)

     34,890        178,149  

Ascopiave SpA

     8,830        34,844  

Banca IFIS SpA

     2,999        58,217  

Banca Popolare di Sondrio SCPA

     14,586        61,339  

BFF Bank SpA(b)

     30,779        248,163  

Carel Industries SpA(b)

     683        20,660  

Credito Emiliano SpA

     13,207        87,411  

Danieli & C. Officine Meccaniche SpA, RSP

     1,220        23,863  

doValue SpA*(b)

     3,866        36,886  

El.En. SpA

     1,549        27,444  

Emak SpA

     11,984        28,824  

Esprinet SpA

     3,554        52,137  

Falck Renewables SpA

     3,406        33,543  

Gruppo MutuiOnline SpA

     817        41,159  

GVS SpA(b)

     2,848        34,169  

La Doria SpA

     2,479        46,403  

Maire Tecnimont SpA

     16,178        76,534  

MARR SpA

     1,838        39,504  

Piaggio & C. SpA

     26,659        87,130  

RAI Way SpA(b)

     16,569        98,357  

Salcef SpA

     2,898        81,401  

Sanlorenzo SpA

     886        38,186  

Sesa SpA

     187        36,875  

SOL SpA

     1,799        43,269  

Technogym SpA(b)

     6,757        64,969  

Tinexta SpA

     480        20,830  

Unieuro SpA(b)

     3,499        83,560  

Webuild SpA

     37,054        87,647  

Zignago Vetro SpA

     2,616        51,168  
     

 

 

 
Total Italy

 

     1,858,564  
Japan – 25.9%

 

77 Bank Ltd. (The)

     3,235        37,504  

ADEKA Corp.

     2,600        57,958  

Advan Group Co., Ltd.

     3,800        32,042  

Aeon Delight Co., Ltd.

     1,800        52,677  

AEON Financial Service Co., Ltd.

     3,700        39,906  

Aica Kogyo Co., Ltd.

     1,700        49,086  

Aichi Bank Ltd. (The)

     900        36,460  

Aichi Corp.

     5,000        35,127  

Alleanza Holdings Co., Ltd.

     2,300        21,751  

Amano Corp.

     1,600        36,778  

Anritsu Corp.(a)

     2,300        35,492  

Aozora Bank Ltd.(a)

     3,500        76,532  

Arcs Co., Ltd.

     2,100        38,898  

ARTERIA Networks Corp.

     3,500        46,958  

Asahi Holdings, Inc.

     2,300        40,945  

Asanuma Corp.(a)

     900        42,986  

Autobacs Seven Co., Ltd.

     3,900        47,516  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  

Avex, Inc.(a)

     4,300      $ 53,846  

Awa Bank Ltd. (The)

     1,570        29,613  

Bando Chemical Industries Ltd.

     4,300        33,345  

Bank of Nagoya Ltd. (The)

     1,549        36,911  

Bank of Saga Ltd. (The)

     2,800        35,232  

Bell System24 Holdings, Inc.

     2,201        23,911  

Benesse Holdings, Inc.

     1,500        29,426  

BML, Inc.

     1,200        37,254  

Bunka Shutter Co., Ltd.

     4,200        39,172  

Central Glass Co., Ltd.

     1,600        29,623  

Chugoku Bank Ltd. (The)

     4,400        34,427  

Chukyo Bank Ltd. (The)

     3,200        50,492  

Citizen Watch Co., Ltd.

     6,000        25,948  

Computer Engineering & Consulting Ltd.

     2,600        24,520  

CONEXIO Corp.

     2,700        34,607  

Cosmo Energy Holdings Co., Ltd.

     2,819        55,031  

Credit Saison Co., Ltd.

     3,800        39,896  

Dai-Dan Co., Ltd.

     1,800        35,920  

Daicel Corp.

     7,000        48,326  

Daido Steel Co., Ltd.

     800        28,970  

Daihen Corp.

     837        34,707  

Daiichikosho Co., Ltd.

     1,600        48,352  

Daiki Aluminium Industry Co., Ltd.

     1,700        23,576  

Dainichiseika Color & Chemicals Manufacturing Co., Ltd.

     1,400        28,485  

Daishi Hokuetsu Financial Group, Inc.

     1,600        35,292  

Daiwabo Holdings Co., Ltd.

     3,100        49,533  

DCM Holdings Co., Ltd.

     3,400        31,445  

Denyo Co., Ltd.

     1,795        28,806  

Dexerials Corp.

     1,900        68,555  

DIC Corp.(a)

     1,900        47,783  

Digital Garage, Inc.

     500        21,254  

Dip Corp.

     741        25,192  

DKS Co., Ltd.

     1,000        27,919  

DMG Mori Co., Ltd.

     1,500        25,752  

Dowa Holdings Co., Ltd.

     1,100        46,186  

DTS Corp.

     1,600        35,069  

DyDo Group Holdings, Inc.

     700        28,813  

Eagle Industry Co., Ltd.

     3,400        32,596  

EDION Corp.(a)

     3,700        34,476  

Eizo Corp.

     700        24,528  

Elecom Co., Ltd.

     2,100        27,592  

Electric Power Development Co., Ltd.

     6,600        87,519  

ES-Con Japan Ltd.(a)

     4,400        29,918  

ESPEC Corp.

     1,800        34,889  

Exedy Corp.

     1,930        27,905  

EXEO Group, Inc.

     2,500        52,625  

Ezaki Glico Co., Ltd.

     1,300        41,318  

France Bed Holdings Co., Ltd.

     6,200        49,641  

Fuji Co., Ltd.

     1,900        32,224  

Fuji Oil Holdings, Inc.

     1,700        34,249  

Fujimi, Inc.

     800        53,840  

Fujimori Kogyo Co., Ltd.

     700        24,984  

Fujitec Co., Ltd.

     1,800        39,390  

Fujitsu General Ltd.

     1,300      30,831  

Furukawa Electric Co., Ltd.

     1,100        22,181  

Furuno Electric Co., Ltd.

     2,900        30,497  

Fuyo General Lease Co., Ltd.

     700        48,448  

G-7 Holdings, Inc.

     1,200        17,590  

Glory Ltd.

     1,600        30,415  

GMO Financial Holdings, Inc.(a)

     5,200        38,157  

GMO Internet, Inc.

     1,600        37,723  

GS Yuasa Corp.

     1,851        41,117  

Gunma Bank Ltd. (The)

     12,787        39,087  

H.U. Group Holdings, Inc.

     3,000        76,071  

H2O Retailing Corp.

     4,200        29,543  

Hachijuni Bank Ltd. (The)

     12,700        43,342  

Hanwa Co., Ltd.

     739        20,921  

Hazama Ando Corp.

     5,700        42,816  

Heiwa Corp.

     2,849        46,859  

Heiwa Real Estate Co., Ltd.

     1,300        43,689  

Hiday Hidaka Corp.

     2,000        30,081  

Hokkaido Electric Power Co., Inc.

     9,200        40,985  

Hokuetsu Corp.

     4,700        29,346  

Hokuhoku Financial Group, Inc.

     4,506        35,765  

Hokuto Corp.

     2,500        41,422  

Ichigo, Inc.

     13,700        33,312  

Ichiyoshi Securities Co., Ltd.

     5,800        33,192  

Iino Kaiun Kaisha Ltd.

     5,400        25,604  

Inaba Denki Sangyo Co., Ltd.

     1,600        37,542  

Inabata & Co., Ltd.

     3,300        48,058  

Information Services International-Dentsu Ltd.

     700        23,555  

INFRONEER Holdings, Inc.

     4,923        44,803  

Itochu Enex Co., Ltd.

     3,100        26,839  

Itoham Yonekyu Holdings, Inc.

     9,800        55,998  

IwaiCosmo Holdings, Inc.

     3,500        41,184  

Iyo Bank Ltd. (The)

     7,100        35,514  

Izumi Co., Ltd.

     1,500        42,009  

J. Front Retailing Co., Ltd.

     6,000        54,553  

JAC Recruitment Co., Ltd.

     2,200        39,814  

Jaccs Co., Ltd.

     1,300        33,438  

Japan Aviation Electronics Industry Ltd.

     1,700        29,393  

Japan Securities Finance Co., Ltd.

     4,600        38,348  

Japan Steel Works Ltd. (The)

     800        26,816  

JCU Corp.

     500        23,751  

K’s Holdings Corp.

     5,900        57,281  

Kagome Co., Ltd.(a)

     1,400        36,375  

Kaken Pharmaceutical Co., Ltd.

     1,100        40,215  

Kamei Corp.

     2,300        20,832  

Kamigumi Co., Ltd.

     2,600        49,175  

Kandenko Co., Ltd.

     4,878        36,303  

Kaneka Corp.

     1,900        62,286  

Kanematsu Corp.

     2,900        32,260  

Kanematsu Electronics Ltd.

     1,200        41,370  

Kanto Denka Kogyo Co., Ltd.

     3,300        32,468  

Katitas Co., Ltd.

     1,000        38,426  

Kato Sangyo Co., Ltd.

     1,448        42,124  

Keiyo Bank Ltd. (The)

     9,000        36,420  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  

KFC Holdings Japan Ltd.

     900      $ 22,626  

Ki-Star Real Estate Co., Ltd.

     600        46,529  

Kintetsu World Express, Inc.

     1,900        49,333  

Kisoji Co., Ltd.

     1,900        36,249  

Kobe Steel Ltd.

     8,800        44,094  

Kohnan Shoji Co., Ltd.

     600        17,637  

KOMEDA Holdings Co., Ltd.

     1,800        32,044  

Konica Minolta, Inc.

     18,600        84,637  

Kumagai Gumi Co., Ltd.

     1,500        37,397  

Kurabo Industries Ltd.

     2,563        43,557  

Kureha Corp.

     400        28,553  

KYB Corp.

     1,200        33,607  

Kyoei Steel Ltd.

     2,300        28,262  

Kyokuto Securities Co., Ltd.

     5,000        32,478  

Kyokuyo Co., Ltd.(a)

     2,100        56,168  

KYORIN Holdings, Inc.

     2,173        34,834  

Kyudenko Corp.

     1,500        46,242  

Kyushu Financial Group, Inc.

     11,100        40,292  

Lintec Corp.

     2,500        57,205  

Macnica Fuji Electronics Holdings, Inc.

     1,800        43,017  

Maeda Kosen Co., Ltd.(a)

     800        27,268  

Maruichi Steel Tube Ltd.

     2,200        48,660  

Marusan Securities Co., Ltd.

     5,900        26,591  

Maruzen Showa Unyu Co., Ltd.

     800        22,231  

Marvelous, Inc.

     5,500        34,914  

Matsui Securities Co., Ltd.

     8,100        55,639  

MCJ Co., Ltd.

     2,400        22,571  

Mebuki Financial Group, Inc.

     35,300        72,651  

Meitec Corp.

     800        47,032  

Mie Kotsu Group Holdings, Inc.

     6,900        28,941  

Mirait Holdings Corp.

     2,700        44,478  

Miroku Jyoho Service Co., Ltd.

     2,200        26,384  

Mitsubishi Logistics Corp.

     1,700        42,590  

Mitsubishi Materials Corp.

     3,100        53,167  

Mitsui Mining & Smelting Co., Ltd.

     1,300        35,391  

Mizuho Leasing Co., Ltd.

     1,200        33,242  

Mochida Pharmaceutical Co., Ltd.

     1,500        45,330  

Modec, Inc.

     1,500        17,937  

Monex Group, Inc.

     3,300        20,089  

Morinaga & Co., Ltd.

     1,200        39,182  

Morita Holdings Corp.

     2,800        31,804  

Morningstar Japan K.K.

     8,097        45,282  

Musashi Seimitsu Industry Co., Ltd.

     1,600        26,608  

Musashino Bank Ltd. (The)

     2,200        34,369  

Nafco Co., Ltd.(a)

     1,600        24,343  

Nagase & Co., Ltd.

     2,400        38,828  

Nakanishi, Inc.

     1,417        26,062  

NEC Networks & System Integration Corp.

     2,400        37,619  

NET One Systems Co., Ltd.

     1,200        32,304  

NHK Spring Co., Ltd.

     5,400        45,862  

Nichias Corp.

     1,774        42,734  

Nichiden Corp.

     1,500        30,624  

Nichiha Corp.

     900        23,877  

Nihon Chouzai Co., Ltd.

     2,100        25,075  

Nihon Parkerizing Co., Ltd.

     3,040      29,699  

Nihon Unisys Ltd.

     1,800        50,488  

Nikkon Holdings Co., Ltd.

     1,900        35,738  

Nippon Densetsu Kogyo Co., Ltd.

     1,900        27,422  

Nippon Electric Glass Co., Ltd.(a)

     2,300        58,901  

Nippon Gas Co., Ltd.

     3,100        41,053  

Nippon Kanzai Co., Ltd.

     1,800        45,158  

Nippon Kayaku Co., Ltd.

     5,000        51,409  

Nippon Light Metal Holdings Co., Ltd.

     2,700        40,422  

Nippon Paper Industries Co., Ltd.

     3,000        28,292  

Nippon Parking Development Co., Ltd.

     28,400        34,034  

Nippon Shokubai Co., Ltd.

     1,100        50,818  

Nippon Signal Co., Ltd.

     4,600        36,551  

Nippon Soda Co., Ltd.

     1,200        34,493  

Nippon Steel Trading Corp.

     1,200        52,312  

Nippon Suisan Kaisha Ltd.

     5,200        24,520  

Nipro Corp.

     3,300        31,207  

Nishi-Nippon Financial Holdings, Inc.

     5,500        35,535  

Nishimatsu Construction Co., Ltd.

     3,350        106,037  

Nissan Shatai Co., Ltd.

     3,800        23,264  

Nisshinbo Holdings, Inc.

     4,750        36,093  

Nissin Electric Co., Ltd.

     3,300        45,163  

Nitto Kogyo Corp.

     2,300        31,757  

Nittoc Construction Co., Ltd.

     7,100        40,570  

Noevir Holdings Co., Ltd.(a)

     1,073        50,223  

NOK Corp.

     3,700        40,228  

Nomura Co., Ltd.

     2,958        24,480  

North Pacific Bank Ltd.

     15,800        34,302  

NS United Kaiun Kaisha Ltd.(a)

     900        27,315  

NSD Co., Ltd.

     2,000        36,299  

Ogaki Kyoritsu Bank Ltd. (The)

     1,900        31,894  

Ohsho Food Service Corp.

     572        30,350  

Okamura Corp.

     3,700        41,320  

Okasan Securities Group, Inc.

     9,700        32,093  

Okinawa Cellular Telephone Co.

     1,300        57,687  

Okinawa Electric Power Co., Inc. (The)

     2,370        29,945  

Okinawa Financial Group, Inc.

     1,542        29,593  

Okumura Corp.

     1,690        47,330  

Okuwa Co., Ltd.

     4,500        37,163  

Onoken Co., Ltd.(a)

     2,600        37,819  

Optorun Co., Ltd.

     1,300        26,823  

Orient Corp.

     28,000        30,394  

Osaki Electric Co., Ltd.

     6,900        28,042  

Pack Corp. (The)(a)

     1,100        25,772  

PAL GROUP Holdings Co., Ltd.

     1,690        25,184  

PALTAC Corp.

     800        32,895  

Paramount Bed Holdings Co., Ltd.

     1,800        30,496  

Penta-Ocean Construction Co., Ltd.

     6,000        33,867  

Pigeon Corp.(a)

     2,900        55,353  

Plenus Co., Ltd.

     2,000        35,031  

Pressance Corp.

     1,486        27,035  

Prima Meat Packers Ltd.

     1,457        31,429  

Raito Kogyo Co., Ltd.

     1,900        32,685  

Raiznext Corp.

     2,900        29,439  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  

Relia, Inc.

     2,700      $ 22,860  

Rengo Co., Ltd.

     5,150        38,908  

Resorttrust, Inc.

     1,500        24,476  

Restar Holdings Corp.

     1,854        32,458  

Ricoh Leasing Co., Ltd.

     1,200        40,224  

Riken Keiki Co., Ltd.(a)

     500        25,487  

Roland Corp.

     1,000        34,128  

Ryoden Corp.

     2,700        42,814  

Ryosan Co., Ltd.

     1,400        27,634  

Sala Corp.

     5,000        27,441  

SAMTY Co., Ltd.

     2,400        45,789  

San ju San Financial Group, Inc.

     2,500        31,957  

San-In Godo Bank Ltd. (The)

     5,400        30,387  

Sangetsu Corp.

     2,600        36,645  

Sanki Engineering Co., Ltd.

     3,200        39,988  

Sankyo Co., Ltd.

     2,300        59,540  

Sanyo Chemical Industries Ltd.

     600        27,823  

Sanyo Special Steel Co., Ltd.

     1,800        31,809  

Sapporo Holdings Ltd.

     1,500        28,436  

Sawai Group Holdings Co., Ltd.

     800        30,533  

SBS Holdings, Inc.

     800        22,682  

Seikitokyu Kogyo Co., Ltd.

     5,100        35,962  

Seiko Holdings Corp.

     1,500        29,217  

Seino Holdings Co., Ltd.

     3,000        30,350  

Seiren Co., Ltd.

     1,300        28,415  

Senko Group Holdings Co., Ltd.

     5,180        41,699  

Senshu Ikeda Holdings, Inc.(a)

     21,300        31,445  

Seria Co., Ltd.

     1,100        31,857  

Seven Bank Ltd.

     35,400        73,164  

Shikoku Electric Power Co., Inc.

     5,900        41,501  

Shin Nippon Air Technologies Co., Ltd.

     1,800        37,530  

Shinmaywa Industries Ltd.

     3,300        25,075  

Ship Healthcare Holdings, Inc.

     1,400        32,582  

SHO-BOND Holdings Co., Ltd.

     1,400        62,854  

Shoei Co., Ltd.

     800        31,471  

Sinfonia Technology Co., Ltd.

     2,200        25,065  

Sinko Industries Ltd.

     1,800        31,434  

SKY Perfect JSAT Holdings, Inc.

     9,000        32,825  

SRA Holdings

     2,100        52,666  

ST Corp.

     2,900        38,707  

St. Marc Holdings Co., Ltd.

     2,800        35,573  

Stella Chemifa Corp.

     1,200        27,563  

Sumitomo Bakelite Co., Ltd.

     1,200        60,753  

Sumitomo Densetsu Co., Ltd.

     1,700        30,810  

Sumitomo Osaka Cement Co., Ltd.

     1,200        36,837  

Sumitomo Seika Chemicals Co., Ltd.

     925        25,182  

Sun Frontier Fudousan Co., Ltd.

     6,100        53,131  

Systena Corp.

     3,200        11,949  

T-Gaia Corp.

     2,000        28,761  

Tachibana Eletech Co., Ltd.

     2,100        29,196  

Taihei Dengyo Kaisha Ltd.

     1,800        44,861  

Taiheiyo Cement Corp.

     2,300        45,399  

Taikisha Ltd.

     900        24,463  

Taiyo Holdings Co., Ltd.

     1,000        30,220  

Takamatsu Construction Group Co., Ltd.

     1,400      23,962  

Takara Holdings, Inc.

     2,400        25,447  

Takara Standard Co., Ltd.

     2,000        24,541  

Takasago International Corp.

     1,500        37,645  

Takasago Thermal Engineering Co., Ltd.

     2,000        32,930  

Takashimaya Co., Ltd.

     3,500        32,521  

Tama Home Co., Ltd.

     1,700        34,117  

Tatsuta Electric Wire and Cable Co., Ltd.

     6,400        26,566  

Teijin Ltd.

     4,500        55,295  

TKC Corp.

     1,000        30,003  

Toda Corp.

     9,704        61,348  

Tokai Carbon Co., Ltd.(a)

     3,400        35,667  

TOKAI Holdings Corp.

     5,500        41,505  

Tokai Rika Co., Ltd.

     2,900        38,984  

Tokai Tokyo Financial Holdings, Inc.

     11,018        37,793  

Tokuyama Corp.

     2,100        33,336  

Tokyo Ohka Kogyo Co., Ltd.

     700        41,336  

Tokyo Sangyo Co., Ltd.

     5,100        33,349  

Tokyo Seimitsu Co., Ltd.

     1,300        57,575  

Tokyu Construction Co., Ltd.

     3,900        22,556  

Totetsu Kogyo Co., Ltd.

     1,545        33,636  

Towa Pharmaceutical Co., Ltd.

     1,200        29,845  

Toyo Construction Co., Ltd.

     8,000        40,363  

Toyo Ink SC Holdings Co., Ltd.

     1,728        28,886  

Toyo Seikan Group Holdings Ltd.

     6,000        71,538  

Toyo Tire Corp.

     3,000        46,737  

Toyobo Co., Ltd.

     2,000        21,814  

Toyoda Gosei Co., Ltd.

     2,900        63,009  

Transcosmos, Inc.(a)

     1,100        31,332  

TS Tech Co., Ltd.

     3,200        39,293  

Tsubakimoto Chain Co.

     1,156        31,722  

Tsumura & Co.

     1,013        28,810  

Ube Industries Ltd.

     2,800        48,581  

Ulvac, Inc.

     800        50,020  

Wowow, Inc.

     2,000        30,498  

Yamaguchi Financial Group, Inc.

     7,600        44,417  

Yellow Hat Ltd.

     2,600        37,322  

Yokogawa Bridge Holdings Corp.

     1,800        34,326  

Yokorei Co., Ltd.

     5,700        41,331  

Yorozu Corp.

     2,600        24,226  

Zenrin Co., Ltd.

     3,800        32,768  
     

 

 

 
Total Japan

 

     12,210,991  
Malaysia – 0.1%

 

Frencken Group Ltd.

     16,300        23,819  
Netherlands – 2.1%

 

Brunel International N.V.

     3,551        45,389  

Corbion N.V.

     1,225        57,729  

Eurocommercial Properties N.V.

     2,228        48,358  

Heijmans N.V., CVA

     3,404        57,678  

Ordina N.V.

     15,578        72,633  

PostNL N.V.

     106,011        461,366  

Rhi Magnesita N.V.

     2,552        114,274  

TKH Group N.V., CVA

     1,246        78,641  

Wereldhave N.V.(a)

     3,111        45,284  
     

 

 

 
Total Netherlands

 

     981,352  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  
Norway – 3.1%

 

ABG Sundal Collier Holding ASA

     83,645      $ 87,550  

AF Gruppen ASA

     2,880        63,228  

American Shipping Co. ASA*

     6,370        23,260  

Atea ASA*

     5,023        93,416  

Austevoll Seafood ASA

     8,130        98,095  

Bonheur ASA

     727        29,267  

Borregaard ASA

     2,267        57,072  

Bouvet ASA

     7,117        60,934  

Europris ASA(b)

     12,076        96,544  

Hunter Group ASA*

     192,929        64,760  

Kid ASA(b)

     5,978        76,332  

Kitron ASA(a)

     18,585        49,738  

Multiconsult ASA(b)

     2,741        48,490  

Norway Royal Salmon ASA

     18        334  

Pareto Bank ASA

     5,358        36,152  

Protector Forsikring ASA

     5,983        73,547  

Sbanken ASA(b)

     3,503        37,222  

Selvaag Bolig ASA

     8,279        47,881  

SpareBank 1 Nord Norge

     1,634        20,864  

Sparebank 1 Oestlandet

     2,338        38,603  

SpareBank 1 SMN

     1,473        24,889  

Sparebanken Vest

     3,065        34,827  

TGS ASA

     9,848        94,456  

Veidekke ASA

     12,555        188,504  
     

 

 

 
Total Norway

 

     1,445,965  
Peru – 0.1%

 

Hochschild Mining PLC

     18,640        32,846  
Portugal – 1.3%

 

Altri, SGPS, S.A.

     12,982        82,821  

Corticeira Amorim, SGPS, S.A.

     3,048        39,099  

CTT-Correios de Portugal S.A.

     5,169        26,775  

Navigator Co. S.A. (The)

     45,991        175,208  

REN – Redes Energeticas Nacionais, SGPS, S.A.

     51,985        150,454  

Sonae, SGPS, S.A.

     142,941        163,040  
     

 

 

 
Total Portugal

 

     637,397  
Singapore – 3.5%

 

AEM Holdings Ltd.

     8,600        33,554  

Best World International Ltd.*

     17,900        9,570  

Bukit Sembawang Estates Ltd.

     25,900        96,250  

China Aviation Oil Singapore Corp., Ltd.

     41,234        28,751  

Civmec Ltd.

     45,600        22,493  

ComfortDelGro Corp., Ltd.

     67,900        70,511  

CSE Global Ltd.

     92,900        34,110  

Geo Energy Resources Ltd.

     117,200        29,123  

Hour Glass Ltd. (The)

     56,300        85,192  

Japfa Ltd.(a)

     51,400        23,066  

Keppel Infrastructure Trust

     451,691        182,600  

NetLink NBN Trust

     425,800        315,840  

OUE Ltd.

     34,100        34,400  

Propnex Ltd.

     49,400        61,926  

Q&M Dental Group Singapore Ltd.

     103,700        46,537  

Raffles Medical Group Ltd.

     51,400        52,233  

Riverstone Holdings Ltd.

     210,300      109,194  

Sembcorp Industries Ltd.

     71,500        106,071  

Sheng Siong Group Ltd.

     126,600        137,104  

Singapore Post Ltd.

     69,200        33,364  

StarHub Ltd.

     97,200        98,054  

UMS Holdings Ltd.

     21,425        24,156  
     

 

 

 
Total Singapore

 

     1,634,099  
Spain – 2.8%

 

Aedas Homes S.A.(b)

     3,920        107,434  

Almirall S.A.

     3,378        43,408  

Applus Services S.A.

     4,320        39,719  

Audax Renovables S.A.(a)

     13,941        19,976  

Cia de Distribucion Integral Logista Holdings S.A.

     17,427        347,409  

ContourGlobal PLC(b)

     19,639        50,912  

Ebro Foods S.A.(a)

     7,401        142,069  

Faes Farma S.A.

     22,536        89,134  

Linea Directa Aseguradora S.A. Cia de Seguros y Reaseguros(a)

     63,339        115,859  

Miquel y Costas & Miquel S.A.

     800        11,918  

Neinor Homes S.A.*(b)

     5,792        69,423  

Prosegur Cash S.A.(a)(b)

     67,428        48,001  

Prosegur Cia de Seguridad S.A.(a)

     37,703        99,043  

Sacyr S.A.(a)

     34,115        88,687  

Unicaja Banco S.A.(b)

     40,372        39,897  
     

 

 

 
Total Spain

 

     1,312,889  
Sweden – 5.7%

 

AcadeMedia AB(b)

     4,813        29,504  

Alimak Group AB(b)

     1,372        17,336  

Atrium Ljungberg AB, Class B

     4,526        99,830  

Beijer Alma AB

     1,667        50,541  

Bergman & Beving AB

     1,693        28,198  

Bilia AB, Class A

     5,898        104,360  

Bonava AB, Class B

     5,549        47,959  

Bravida Holding AB(b)

     5,435        76,238  

Bufab AB

     768        37,917  

Byggmax Group AB

     5,161        51,047  

Catena AB

     1,283        79,923  

Clas Ohlson AB, Class B(a)

     6,172        93,597  

Coor Service Management Holding AB(b)

     5,786        52,819  

Dios Fastigheter AB

     11,027        144,691  

Dustin Group AB(b)

     3,604        42,234  

Elanders AB, Class B

     1,781        34,228  

Fagerhult AB

     2,946        19,816  

Ferronordic AB

     958        35,658  

Granges AB

     2,235        26,191  

HMS Networks AB

     622        38,335  

Instalco AB

     533        25,573  

Inwido AB

     3,757        77,681  

JM AB

     3,324        150,012  

KNOW IT AB

     844        35,004  

Lagercrantz Group AB, Class B

     2,909        42,765  

LeoVegas AB(b)

     9,186        35,551  

Lindab International AB

     2,155        76,500  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  

Loomis AB

     2,711      $ 72,073  

MIPS AB

     230        30,154  

Munters Group AB(b)

     2,937        22,691  

Mycronic AB

     2,022        47,123  

NCC AB, Class B

     3,830        70,941  

Nobia AB

     9,712        58,462  

Nobina AB(b)

     8,551        101,057  

Nolato AB, Class B

     4,946        58,944  

Nordic Paper Holding AB

     7,827        32,851  

Nordic Waterproofing Holding AB

     1,506        37,093  

Peab AB, Class B

     24,671        311,186  

Platzer Fastigheter Holding AB, Class B

     3,573        53,513  

Pricer AB, Class B

     9,584        25,935  

Ratos AB, Class B

     6,555        41,956  

Rottneros AB

     18,426        21,206  

Scandi Standard AB

     5,109        23,136  

Tethys Oil AB

     4,329        29,788  

Troax Group AB

     822        42,081  

Volati AB

     1,613        40,352  
     

 

 

 
Total Sweden

 

     2,674,050  
Switzerland – 1.3%

 

Arbonia AG

     3,896        88,084  

Comet Holding AG, Registered Shares

     80        29,545  

EFG International AG*

     8,521        64,996  

Huber + Suhner AG, Registered Shares

     728        69,512  

Landis + Gyr Group AG*(a)

     1,467        99,420  

Mobilezone Holding AG, Registered Shares

     4,516        67,506  

Swissquote Group Holding S.A., Registered Shares

     269        59,194  

Valiant Holding AG, Registered Shares

     1,049        105,113  

Zehnder Group AG

     330        33,719  
     

 

 

 
Total Switzerland

 

     617,089  
United Kingdom – 14.7%

 

Aclara Resources, Inc.*

     2,561        2,920  

AJ Bell PLC

     9,049        46,501  

Alliance Pharma PLC

     34,480        50,811  

Assura PLC

     146,394        138,402  

Balfour Beatty PLC

     23,556        83,592  

Begbies Traynor Group PLC

     14,575        26,571  

Bloomsbury Publishing PLC

     6,212        30,290  

Bodycote PLC

     5,708        66,914  

Brewin Dolphin Holdings PLC

     23,452        117,529  

CareTech Holdings PLC

     5,381        41,981  

Central Asia Metals PLC

     28,410        99,663  

Chemring Group PLC

     5,557        22,279  

Clarkson PLC

     1,337        70,263  

Clinigen Group PLC

     2,286        28,346  

Clipper Logistics PLC

     3,004        29,539  

CLS Holdings PLC

     21,585        63,880  

Coats Group PLC

     49,543        46,436  

Concentric AB

     936        29,050  

Craneware PLC

     765        25,127  

Cranswick PLC

     2,176        109,108  

Currys PLC

     41,821        64,801  

Devro PLC

     18,278      50,999  

DiscoverIE Group PLC

     1,554        21,595  

Diversified Energy Co. PLC

     174,084        246,163  

Domino’s Pizza Group PLC

     19,665        122,203  

Drax Group PLC

     28,062        229,952  

EMIS Group PLC

     3,650        67,235  

Essentra PLC

     9,044        42,261  

Euromoney Institutional Investor PLC

     3,030        37,962  

FDM Group Holdings PLC

     5,604        96,549  

Ferrexpo PLC

     155,308        629,809  

Forterra PLC(b)

     9,988        37,338  

Galliford Try Holdings PLC

     11,878        28,926  

Gamma Communications PLC

     1,198        26,773  

Gateley Holdings PLC

     12,571        39,417  

GB Group PLC

     2,170        21,706  

Genuit Group PLC

     5,167        41,011  

Great Portland Estates PLC

     5,937        58,541  

Halfords Group PLC

     7,077        33,108  

Helical PLC

     5,859        36,028  

Hill & Smith Holdings PLC

     3,195        77,721  

Hilton Food Group PLC

     4,164        64,295  

Ibstock PLC(b)

     13,375        36,920  

IG Design Group PLC

     3,939        13,658  

Impax Asset Management Group PLC

     3,050        60,809  

IntegraFin Holdings PLC

     6,424        48,769  

James Halstead PLC

     4,974        38,671  

Jupiter Fund Management PLC

     48,032        166,806  

Keller Group PLC

     4,804        64,092  

Liontrust Asset Management PLC

     2,091        62,307  

Londonmetric Property PLC

     66,360        254,724  

Luceco PLC(b)

     5,410        25,537  

Marshalls PLC

     4,089        38,353  

MJ Gleeson PLC

     3,798        38,890  

Moneysupermarket.com Group PLC

     39,931        116,823  

Morgan Advanced Materials PLC

     8,336        40,477  

Morgan Sindall Group PLC

     2,939        100,314  

Mortgage Advice Bureau Holdings Ltd.

     2,196        43,128  

NCC Group PLC

     9,943        31,446  

Next Fifteen Communications Group PLC

     2,354        42,724  

Norcros PLC

     7,278        30,855  

Numis Corp. PLC

     8,296        38,429  

Oxford Instruments PLC

     951        33,877  

Pagegroup PLC

     3,645        31,276  

Pan African Resources PLC

     181,567        41,069  

Paragon Banking Group PLC

     13,195        101,245  

PayPoint PLC

     7,677        69,147  

Polar Capital Holdings PLC

     9,863        105,936  

PZ Cussons PLC

     18,493        51,473  

QinetiQ Group PLC

     18,710        67,409  

Reach PLC

     9,617        36,798  

Redde Northgate PLC

     21,714        128,377  

Renew Holdings PLC

     4,300        48,631  

Robert Walters PLC

     3,561        37,139  

Sabre Insurance Group PLC(b)

     34,430        85,713  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

 

 

Investments    Shares      Value  

Safestore Holdings PLC

     7,381      $ 140,860  

Savills PLC

     5,589        106,586  

Serco Group PLC

     30,332        55,298  

Serica Energy PLC

     9,511        31,046  

Smart Metering Systems PLC

     5,090        57,980  

Spirent Communications PLC

     14,553        54,443  

SThree PLC

     6,532        41,051  

Synthomer PLC

     35,144        190,213  

TBC Bank Group PLC

     2,700        60,341  

Telecom Plus PLC

     5,158        110,802  

TI Fluid Systems PLC(b)

     22,730        78,506  

TT Electronics PLC

     8,036        27,864  

Tyman PLC

     9,922        53,688  

Vesuvius PLC

     16,356        99,735  

Victrex PLC

     3,100        102,619  

Vitec Group PLC (The)

     1,555        29,908  

Vivo Energy PLC(b)

     88,518        158,019  

Watkin Jones PLC

     18,324        64,902  

Wincanton PLC

     8,892        44,321  

Workspace Group PLC

     5,755        63,021  

XPS Pensions Group PLC

     18,233        34,574  
     

 

 

 
Total United Kingdom

 

     6,941,194  

TOTAL COMMON STOCKS

(Cost: $44,206,039)

              47,244,804  
RIGHTS – 0.0%      
Spain – 0.0%      
Faes Farma S.A., expiring 1/4/22*
(Cost: $4,336)
     22,536      4,664  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.0%

 

United States – 2.0%      

State Street Navigator Securities Lending
Government Money Market Portfolio, 0.03%(c)

     
(Cost: $942,163)      942,163        942,163  

TOTAL INVESTMENTS IN SECURITIES – 102.1%

(Cost: $45,152,538)

        48,191,631  

Other Assets less Liabilities – (2.1)%

        (977,217
     

 

 

 
NET ASSETS – 100.0%             $ 47,214,414  
* 

Non-income producing security.

 

 

Share amount represents a fractional share.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $9,570, which represents 0.02% of net assets.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2021 (See Note 2). At December 31, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,719,380 and the total market value of the collateral held by the Fund was $1,851,208. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $909,045.

 

(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, 2021.

 

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 N.A.

    1/5/2022       3,400       CHF       3,706       USD     $ 26     $  

Citibank N.A.

    1/5/2022       128,768       CHF       141,331       USD             (2

Citibank N.A.

    1/5/2022       18,493       DKK       2,815       USD       13        

Citibank N.A.

    1/5/2022       702,018       DKK       107,342       USD             (2

Citibank N.A.

    1/5/2022       36,693       EUR       41,547       USD       181        

Citibank N.A.

    1/5/2022       1,393,293       EUR       1,584,472       USD       11        

Citibank N.A.

    1/5/2022       20,499       ILS       6,584       USD       2        

Citibank N.A.

    1/5/2022       781,536       ILS       251,104       USD       0 ^       

Citibank N.A.

    1/5/2022       39,603       NOK       4,476       USD       15        

Citibank N.A.

    1/5/2022       1,505,104       NOK       170,674       USD       2        

Citibank N.A.

    1/5/2022       124,548       SEK       13,679       USD       77        

Citibank N.A.

    1/5/2022       4,723,172       SEK       521,676       USD       4        

Citibank N.A.

    1/5/2022       8,173       SGD       6,022       USD       40        

Citibank N.A.

    1/5/2022       309,647       SGD       229,681       USD       1        

Citibank N.A.

    1/5/2022       142,257       USD       131,440       CHF             (2,004

Citibank N.A.

    1/5/2022       108,046       USD       712,943       DKK             (965

Citibank N.A.

    1/5/2022       1,594,858       USD       1,414,817       EUR             (14,103

Citibank N.A.

    1/5/2022       252,750       USD       795,012       ILS             (2,684

Citibank N.A.

    1/5/2022       171,793       USD       1,565,557       NOK             (5,739

Citibank N.A.

    1/5/2022       525,095       USD       4,757,724       SEK             (401

Citibank N.A.

    1/5/2022       231,186       USD       317,040       SGD             (3,979

Citibank N.A.

    1/6/2022       43,570       AUD       31,540       USD       138        

Citibank N.A.

    1/6/2022       1,654,427       AUD       1,202,856       USD             (1

Citibank N.A.

    1/6/2022       27,376       GBP       36,739       USD       341        

Citibank N.A.

    1/6/2022       1,034,456       GBP       1,401,105       USD       12        

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

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 N.A.

    1/6/2022       7,476,211       JPY       65,087       USD     $     $ (164

Citibank N.A.

    1/6/2022       285,839,964       JPY       2,482,215       USD       21        

Citibank N.A.

    1/6/2022       1,210,741       USD       1,706,639       AUD             (30,075

Citibank N.A.

    1/6/2022       1,410,290       USD       1,065,028       GBP             (32,235

Citibank N.A.

    1/6/2022       2,498,487       USD       283,474,837       JPY       36,790        

Citibank N.A.

    2/3/2022       1,285,641       USD       1,768,193       AUD             (34

Citibank N.A.

    2/3/2022       151,021       USD       137,499       CHF             (3

Citibank N.A.

    2/3/2022       116,309       USD       760,256       DKK             (8

Citibank N.A.

    2/3/2022       1,660,230       USD       1,459,108       EUR             (58

Citibank N.A.

    2/3/2022       1,484,358       USD       1,095,978       GBP       3        

Citibank N.A.

    2/3/2022       263,134       USD       818,886       ILS             (3

Citibank N.A.

    2/3/2022       2,554,073       USD       294,062,428       JPY             (88

Citibank N.A.

    2/3/2022       182,360       USD       1,608,997       NOK             (2

Citibank N.A.

    2/3/2022       555,622       USD       5,029,569       SEK             (27

Citibank N.A.

    2/7/2022       230,954       USD       311,433       SGD             (4

Goldman Sachs

    1/5/2022       128,772       CHF       141,331       USD       2        

Goldman Sachs

    1/5/2022       702,034       DKK       107,342       USD       1        

Goldman Sachs

    1/5/2022       1,393,299       EUR       1,584,472       USD       18        

Goldman Sachs

    1/5/2022       781,551       ILS       251,104       USD       5        

Goldman Sachs

    1/5/2022       1,505,100       NOK       170,674       USD       2        

Goldman Sachs

    1/5/2022       4,723,192       SEK       521,676       USD       6        

Goldman Sachs

    1/5/2022       309,649       SGD       229,681       USD       2        

Goldman Sachs

    1/5/2022       142,257       USD       131,444       CHF             (2,008

Goldman Sachs

    1/5/2022       108,046       USD       712,932       DKK             (963

Goldman Sachs

    1/5/2022       1,594,858       USD       1,414,792       EUR             (14,074

Goldman Sachs

    1/5/2022       252,750       USD       795,576       ILS             (2,865

Goldman Sachs

    1/5/2022       171,793       USD       1,565,586       NOK             (5,742

Goldman Sachs

    1/5/2022       525,095       USD       4,757,776       SEK             (407

Goldman Sachs

    1/5/2022       231,186       USD       317,040       SGD             (3,979

Goldman Sachs

    1/6/2022       1,654,450       AUD       1,202,856       USD       15        

Goldman Sachs

    1/6/2022       1,034,436       GBP       1,401,105       USD             (16

Goldman Sachs

    1/6/2022       285,839,716       JPY       2,482,215       USD       19        

Goldman Sachs

    1/6/2022       1,210,741       USD       1,706,682       AUD             (30,106

Goldman Sachs

    1/6/2022       1,410,290       USD       1,065,031       GBP             (32,238

Goldman Sachs

    1/6/2022       2,498,487       USD       283,469,840       JPY       36,833        

Goldman Sachs

    2/3/2022       1,285,641       USD       1,768,181       AUD             (25

Goldman Sachs

    2/3/2022       151,021       USD       137,500       CHF             (4

Goldman Sachs

    2/3/2022       116,309       USD       760,221       DKK             (2

Goldman Sachs

    2/3/2022       1,660,230       USD       1,459,121       EUR             (73

Goldman Sachs

    2/3/2022       1,484,358       USD       1,095,950       GBP       40        

Goldman Sachs

    2/3/2022       263,134       USD       818,881       ILS             (1

Goldman Sachs

    2/3/2022       2,554,073       USD       294,063,450       JPY             (97

Goldman Sachs

    2/3/2022       182,360       USD       1,608,987       NOK             (1

Goldman Sachs

    2/3/2022       555,622       USD       5,029,401       SEK             (9

Goldman Sachs

    2/7/2022       230,954       USD       311,433       SGD             (4

JP Morgan Chase Bank N.A.

    1/5/2022       128,771       CHF       141,331       USD       1        

JP Morgan Chase Bank N.A.

    1/5/2022       702,033       DKK       107,342       USD       1        

JP Morgan Chase Bank N.A.

    1/5/2022       1,393,290       EUR       1,584,472       USD       8        

JP Morgan Chase Bank N.A.

    1/5/2022       781,540       ILS       251,104       USD       2        

JP Morgan Chase Bank N.A.

    1/5/2022       1,505,095       NOK       170,674       USD       1        

JP Morgan Chase Bank N.A.

    1/5/2022       4,723,158       SEK       521,676       USD       2        

JP Morgan Chase Bank N.A.

    1/5/2022       309,647       SGD       229,681       USD       1        

JP Morgan Chase Bank N.A.

    1/5/2022       142,257       USD       131,436       CHF             (1,999

JP Morgan Chase Bank N.A.

    1/5/2022       108,046       USD       712,930       DKK             (963

JP Morgan Chase Bank N.A.

    1/5/2022       1,594,858       USD       1,414,816       EUR             (14,101

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

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 N.A.

    1/5/2022       252,750       USD       794,944       ILS     $     $ (2,662

JP Morgan Chase Bank N.A.

    1/5/2022       171,793       USD       1,565,544       NOK             (5,737

JP Morgan Chase Bank N.A.

    1/5/2022       525,095       USD       4,757,525       SEK             (379

JP Morgan Chase Bank N.A.

    1/5/2022       231,186       USD       317,041       SGD             (3,980

JP Morgan Chase Bank N.A.

    1/6/2022       1,654,431       AUD       1,202,856       USD       2        

JP Morgan Chase Bank N.A.

    1/6/2022       1,034,440       GBP       1,401,105       USD             (10

JP Morgan Chase Bank N.A.

    1/6/2022       285,838,475       JPY       2,482,215       USD       8        

JP Morgan Chase Bank N.A.

    1/6/2022       1,210,741       USD       1,706,654       AUD             (30,085

JP Morgan Chase Bank N.A.

    1/6/2022       1,410,290       USD       1,065,023       GBP             (32,228

JP Morgan Chase Bank N.A.

    1/6/2022       2,498,487       USD       283,472,338       JPY       36,812        

JP Morgan Chase Bank N.A.

    2/3/2022       1,285,641       USD       1,768,167       AUD             (15

JP Morgan Chase Bank N.A.

    2/3/2022       151,021       USD       137,500       CHF             (4

JP Morgan Chase Bank N.A.

    2/3/2022       116,309       USD       760,252       DKK             (7

JP Morgan Chase Bank N.A.

    2/3/2022       1,660,230       USD       1,459,104       EUR             (54

JP Morgan Chase Bank N.A.

    2/3/2022       1,484,358       USD       1,095,970       GBP       13        

JP Morgan Chase Bank N.A.

    2/3/2022       263,134       USD       818,900       ILS             (7

JP Morgan Chase Bank N.A.

    2/3/2022       2,554,073       USD       294,060,385       JPY             (70

JP Morgan Chase Bank N.A.

    2/3/2022       182,360       USD       1,609,026       NOK             (5

JP Morgan Chase Bank N.A.

    2/3/2022       555,622       USD       5,029,562       SEK             (27

JP Morgan Chase Bank N.A.

    2/7/2022       230,954       USD       311,431       SGD             (3

UBS AG

    1/5/2022       128,774       CHF       141,330       USD       5        

UBS AG

    1/5/2022       702,050       DKK       107,342       USD       3        

UBS AG

    1/5/2022       1,393,285       EUR       1,584,470       USD       4        

UBS AG

    1/5/2022       781,538       ILS       251,102       USD       3        

UBS AG

    1/5/2022       1,505,061       NOK       170,673       USD             (2

UBS AG

    1/5/2022       4,723,206       SEK       521,674       USD       10        

UBS AG

    1/5/2022       309,645       SGD       229,679       USD       1        

UBS AG

    1/5/2022       142,258       USD       131,437       CHF             (1,999

UBS AG

    1/5/2022       108,045       USD       712,946       DKK             (966

UBS AG

    1/5/2022       1,594,859       USD       1,414,828       EUR             (14,114

UBS AG

    1/5/2022       252,748       USD       795,014       ILS             (2,687

UBS AG

    1/5/2022       171,792       USD       1,565,530       NOK             (5,737

UBS AG

    1/5/2022       525,096       USD       4,757,733       SEK             (401

UBS AG

    1/5/2022       231,186       USD       317,042       SGD             (3,981

UBS AG

    1/6/2022       1,654,451       AUD       1,202,857       USD       15        

UBS AG

    1/6/2022       1,034,435       GBP       1,401,105       USD             (17

UBS AG

    1/6/2022       285,842,327       JPY       2,482,215       USD       41        

UBS AG

    1/6/2022       1,210,742       USD       1,706,672       AUD             (30,097

UBS AG

    1/6/2022       1,410,289       USD       1,065,052       GBP             (32,269

UBS AG

    1/6/2022       2,498,486       USD       283,471,725       JPY       36,816        

UBS AG

    2/3/2022       1,285,641       USD       1,768,193       AUD             (34

UBS AG

    2/3/2022       151,021       USD       137,500       CHF             (4

UBS AG

    2/3/2022       116,308       USD       760,249       DKK             (8

UBS AG

    2/3/2022       1,660,228       USD       1,459,096       EUR             (47

UBS AG

    2/3/2022       1,484,358       USD       1,095,957       GBP       30        

UBS AG

    2/3/2022       263,132       USD       818,901       ILS             (10

UBS AG

    2/3/2022       2,554,074       USD       294,062,421       JPY             (87

UBS AG

    2/3/2022       182,360       USD       1,608,942       NOK       4        

UBS AG

    2/3/2022       555,622       USD       5,029,563       SEK             (27

UBS AG

    2/7/2022       230,953       USD       311,429       SGD             (3
                                            $ 148,403     $ (370,021
^

Amount represents less than $1.

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)

December 31, 2021

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

           

Singapore

   $ 1,624,529      $      $ 9,570 *     $ 1,634,099  

Other

     45,610,705                      45,610,705  

Rights

     4,664                      4,664  

Investment of Cash Collateral for Securities Loaned

            942,163               942,163  

Total Investments in Securities

   $ 47,239,898      $ 942,163      $ 9,570      $ 48,191,631  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 148,403      $      $ 148,403  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (370,021    $      $ (370,021

Total – Net

   $ 47,239,898      $ 720,545      $ 9,570      $ 47,970,013  
* 

Securities are being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited)

WisdomTree Emerging Markets ESG Fund (RESE)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.2%

 

Brazil – 5.3%

 

Alpargatas S.A., Preference Shares

     2,680      $ 17,812  

Ambev S.A.

     43,367        120,057  

B3 S.A. – Brasil Bolsa Balcao

     59,239        118,478  

Banco Bradesco S.A., Preference Shares

     43,295        149,317  

Braskem S.A., Class A, Preference Shares

     7,246        74,971  

CCR S.A.

     37,142        77,285  

Cia Siderurgica Nacional S.A.

     8,277        37,135  

Energisa S.A.

     7,747        61,712  

Equatorial Energia S.A.

     13,916        56,488  

Gerdau S.A., Preference Shares

     9,038        44,233  

Itau Unibanco Holding S.A., Preference Shares

     40,395        151,935  

Itausa S.A., Preference Shares

     66,403        106,459  

Klabin S.A.

     21,220        97,757  

Lojas Renner S.A.

     12,803        56,177  

Suzano S.A.*

     7,403        79,891  

Telefonica Brasil S.A.

     10,639        92,045  

TOTVS S.A.

     9,006        46,307  

WEG S.A.

     20,209        119,658  
     

 

 

 
Total Brazil

 

     1,507,717  
Chile – 0.2%

 

Cia Cervecerias Unidas S.A.

     5,764        46,883  
China – 29.3%

 

ANTA Sports Products Ltd.

     9,400        140,946  

Avary Holding Shenzhen Co., Ltd., Class A

     10,700        71,234  

Baozun, Inc., ADR*

     2,880        40,032  

Beijing Sinnet Technology Co., Ltd., Class A

     13,400        31,201  

BOE Technology Group Co., Ltd., Class A

     36,600        29,000  

BYD Co., Ltd., Class H

     6,000        205,174  

China Conch Venture Holdings Ltd.

     30,500        149,051  

China East Education Holdings Ltd.*(a)

     84,500        52,892  

China Education Group Holdings Ltd.(b)

     42,000        68,202  

China Feihe Ltd.(a)

     90,000        120,750  

China Hongqiao Group Ltd.

     47,500        50,142  

China Medical System Holdings Ltd.

     59,000        98,531  

China Meidong Auto Holdings Ltd.

     20,000        103,126  

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

     239,300        91,468  

China Railway Signal & Communication Corp. Ltd., Class A

     43,140        33,709  

China Yuhua Education Corp., Ltd.(a)

     176,000        62,984  

Chongqing Zhifei Biological Products Co., Ltd., Class A

     3,000        58,650  

CSPC Pharmaceutical Group Ltd.

     102,160        110,988  

Daan Gene Co., Ltd., Class A

     8,800        27,698  

Dada Nexus Ltd., ADR*

     5,248        69,064  

Dali Foods Group Co., Ltd.(a)

     171,700        89,855  

Daqo New Energy Corp., ADR*

     655        26,410  

Ecovacs Robotics Co., Ltd., Class A

     2,800        66,317  

ENN Energy Holdings Ltd.

     8,200        154,401  

Flat Glass Group Co., Ltd., Class H(b)

     19,000        96,507  

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

     8,800        45,488  

Gaotu Techedu, Inc., ADR*

     13,928        27,020  

Geely Automobile Holdings Ltd.

     46,000      125,675  

GOME Retail Holdings Ltd.*(b)

     656,000        55,534  

Great Wall Motor Co., Ltd., Class H

     53,000        182,189  

Haidilao International Holding Ltd.(a)(b)

     25,000        56,437  

Haitian International Holdings Ltd.

     31,000        86,086  

Hengan International Group Co., Ltd.

     14,600        75,188  

Huafon Chemical Co., Ltd., Class A

     41,100        67,325  

Hualan Biological Engineering, Inc., Class A

     11,400        52,123  

Huazhu Group Ltd., ADR*

     1,289        48,131  

JD.com, Inc., ADR*

     3,891        272,642  

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

     9,900        58,716  

Jiangsu Zhongtian Technology Co., Ltd., Class A

     39,300        104,581  

Jiumaojiu International Holdings Ltd.(a)

     30,000        52,717  

Jointown Pharmaceutical Group Co., Ltd., Class A

     27,200        62,822  

Joyoung Co., Ltd., Class A

     13,600        49,506  

Kaisa Group Holdings Ltd.(b)

     185,000        18,509  

Kingboard Holdings Ltd.

     11,500        55,978  

Lee & Man Paper Manufacturing Ltd.

     103,000        71,606  

Li Auto, Inc., ADR*

     4,141        132,926  

Li Ning Co., Ltd.

     18,500        202,529  

Lufax Holding Ltd., ADR*

     8,387        47,219  

Minth Group Ltd.

     18,000        79,307  

New Oriental Education & Technology Group, Inc., ADR*

     19,338        40,610  

Pinduoduo, Inc., ADR*

     2,370        138,171  

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

     33,500        241,272  

Sailun Group Co., Ltd., Class A

     40,900        94,913  

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

     59,200        73,883  

Shanghai Yuyuan Tourist Mart Group Co., Ltd., Class A

     33,900        54,786  

Shenzhou International Group Holdings Ltd.

     5,700        109,594  

Sino Biopharmaceutical Ltd.

     128,000        89,643  

Sunny Optical Technology Group Co., Ltd.

     4,800        151,826  

Suzhou Gold Mantis Construction Decoration Co., Ltd., Class A

     57,800        55,140  

TAL Education Group, ADR*

     6,823        26,814  

TCL Technology Group Corp., Class A

     44,200        42,790  

Tencent Holdings Ltd.

     23,400        1,371,050  

Tingyi Cayman Islands Holding Corp.

     60,000        123,289  

Tongcheng Travel Holdings Ltd.*

     45,600        84,459  

Topsports International Holdings Ltd.(a)

     60,000        60,721  

Trip.com Group Ltd., ADR*

     3,460        85,185  

Uni-President China Holdings Ltd.

     85,000        82,424  

Vipshop Holdings Ltd., ADR*

     7,174        60,262  

Want Want China Holdings Ltd.

     147,600        135,554  

WUS Printed Circuit Kunshan Co., Ltd., Class A

     20,200        52,549  

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

     35,400        69,108  

Xinyi Solar Holdings Ltd.

     53,952        91,485  

XPeng, Inc., ADR*

     2,972        149,581  

Yadea Group Holdings Ltd.(a)

     58,000        113,079  

Yum China Holdings, Inc.

     2,824        140,748  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ESG Fund (RESE)

December 31, 2021

 

 

 

Investments    Shares      Value  

Zhefu Holding Group Co., Ltd., Class A

     112,010      $ 125,132  

Zhejiang Semir Garment Co., Ltd., Class A

     26,600        32,262  

Zhejiang Supor Co., Ltd., Class A

     6,000        58,594  

Zhejiang Weixing New Building Materials Co., Ltd., Class A

     10,700        40,830  

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

     24,300        84,467  

Zhongsheng Group Holdings Ltd.

     10,000        77,986  

Zhuzhou Kibing Group Co., Ltd., Class A

     26,900        72,174  
     

 

 

 
Total China

 

     8,308,967  
Hong Kong – 0.5%

 

Kingboard Laminates Holdings Ltd.

     30,500        51,875  

Vinda International Holdings Ltd.(b)

     35,000        85,297  
     

 

 

 
Total Hong Kong

 

     137,172  
Hungary – 0.2%

 

Richter Gedeon Nyrt

     1,957        52,684  
India – 15.5%

 

ACC Ltd.

     2,215        66,023  

Adani Green Energy Ltd.*

     4,337        77,611  

Adani Total Gas Ltd.

     4,254        98,533  

Ambuja Cements Ltd.

     21,197        107,645  

Asian Paints Ltd.

     3,561        162,058  

Axis Bank Ltd.*

     14,708        134,257  

Bajaj Auto Ltd.

     1,538        67,227  

Bajaj Finance Ltd.

     1,220        114,512  

Bajaj Finserv Ltd.

     277        61,135  

Balkrishna Industries Ltd.

     1,021        31,912  

Bandhan Bank Ltd.(a)

     7,851        26,689  

Berger Paints India Ltd.

     4,081        42,369  

Cholamandalam Investment and Finance Co., Ltd.

     3,350        23,452  

Cipla Ltd.

     5,393        68,494  

Colgate-Palmolive India Ltd.

     3,798        75,683  

Divi’s Laboratories Ltd.

     1,250        78,667  

Dr. Reddy’s Laboratories Ltd.

     1,431        94,462  

Godrej Consumer Products Ltd.*

     6,523        84,973  

Grasim Industries Ltd.

     2,638        57,570  

Havells India Ltd.

     4,137        77,747  

HCL Technologies Ltd.

     8,568        152,041  

HDFC Asset Management Co., Ltd.(a)

     1,093        35,966  

HDFC Life Insurance Co., Ltd.(a)

     2,951        25,786  

Hero MotoCorp., Ltd.

     1,969        65,216  

Housing Development Finance Corp., Ltd.

     7,349        255,703  

ICICI Bank Ltd.

     22,166        220,704  

ICICI Lombard General Insurance Co., Ltd.(a)

     2,761        52,046  

ICICI Prudential Life Insurance Co., Ltd.(a)

     4,511        34,032  

Indus Towers Ltd.

     15,129        50,535  

Infosys Ltd.

     15,593        395,983  

Ipca Laboratories Ltd.

     1,831        53,372  

JSW Steel Ltd.

     8,701        76,779  

Jubilant Foodworks Ltd.

     1,861        89,904  

Kotak Mahindra Bank Ltd.

     4,407        106,482  

Lupin Ltd.

     2,856        36,528  

Marico Ltd.

     15,688        108,191  

Maruti Suzuki India Ltd.

     797      79,624  

Motherson Sumi Systems Ltd.

     9,351        28,090  

Muthoot Finance Ltd.

     2,157        43,399  

Nestle India Ltd.

     391        103,651  

Page Industries Ltd.

     85        46,221  

PI Industries Ltd.

     865        35,307  

Piramal Enterprises Ltd.

     2,853        101,473  

Shriram Transport Finance Co., Ltd.

     2,988        48,919  

Siemens Ltd.

     2,058        65,375  

Tech Mahindra Ltd.

     7,143        172,056  

Torrent Pharmaceuticals Ltd.

     1,764        77,798  

UltraTech Cement Ltd.

     1,328        135,613  

Wipro Ltd.

     14,584        140,345  
     

 

 

 
Total India

 

     4,388,158  
Indonesia – 1.4%

 

Bank Central Asia Tbk PT

     350,700        179,625  

Indocement Tunggal Prakarsa Tbk PT

     61,700        52,382  

Kalbe Farma Tbk PT

     660,200        74,810  

Unilever Indonesia Tbk PT

     322,000        92,855  
     

 

 

 
Total Indonesia

 

     399,672  
Malaysia – 1.6%

 

Hartalega Holdings Bhd

     56,400        77,574  

Hong Leong Bank Bhd

     19,600        87,602  

Hong Leong Financial Group Bhd

     16,000        66,596  

Nestle Malaysia Bhd

     3,000        96,639  

Supermax Corp. Bhd

     140,430        49,552  

Westports Holdings Bhd

     72,700        70,676  
     

 

 

 
Total Malaysia

 

     448,639  
Mexico – 3.4%

 

America Movil S.A.B. de C.V., Series L

     191,500        202,963  

Arca Continental S.A.B. de C.V.

     16,781        107,025  

Cemex S.A.B. de C.V., Series CPO*

     198,708        135,838  

Coca-Cola Femsa S.A.B. de C.V.

     18,241        99,561  

Grupo Bimbo S.A.B. de C.V., Series A

     37,221        114,528  

Grupo Financiero Banorte S.A.B. de C.V., Class O

     23,360        151,837  

Industrias Penoles S.A.B. de C.V.

     6,157        70,869  

Kimberly-Clark de Mexico S.A.B. de C.V., Class A

     50,158        76,003  
     

 

 

 
Total Mexico

 

     958,624  
Philippines – 0.7%

 

Globe Telecom, Inc.

     1,635        106,515  

Jollibee Foods Corp.

     7,590        32,210  

PLDT, Inc.

     1,980        70,359  
     

 

 

 
Total Philippines

 

     209,084  
Poland – 0.6%

 

Cyfrowy Polsat S.A.

     4,182        36,026  

LPP S.A.

     9        38,408  

Orange Polska S.A.*

     44,425        93,140  
     

 

 

 
Total Poland

 

     167,574  
Russia – 1.3%

 

Novolipetsk Steel PJSC, GDR

     2,772        81,829  

PhosAgro PJSC, GDR(c)

     68        1,467  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets ESG Fund (RESE)

December 31, 2021

 

 

 

Investments    Shares      Value  

PhosAgro PJSC, GDR(c)

     3,334      $ 71,948  

Polyus PJSC, GDR(c)

     871        76,866  

TCS Group Holding PLC, GDR(c)

     872        73,527  

X5 Retail Group N.V., GDR(c)

     2,404        63,634  
     

 

 

 
Total Russia

 

     369,271  
South Africa – 4.5%

 

Anglo American Platinum Ltd.

     933        106,206  

AngloGold Ashanti Ltd.

     4,914        101,205  

Aspen Pharmacare Holdings Ltd.

     7,918        111,348  

Bidvest Group Ltd. (The)

     6,319        75,008  

Clicks Group Ltd.

     4,727        93,453  

FirstRand Ltd.

     40,112        152,808  

Gold Fields Ltd.

     11,535        125,859  

Impala Platinum Holdings Ltd.

     7,632        107,594  

Kumba Iron Ore Ltd.

     2,974        85,733  

Mr. Price Group Ltd.

     4,316        53,950  

Tiger Brands Ltd.

     7,228        81,972  

Vodacom Group Ltd.

     10,119        85,352  

Woolworths Holdings Ltd.

     34,213        111,171  
     

 

 

 
Total South Africa

 

     1,291,659  
South Korea – 14.6%

 

CJ CheilJedang Corp.

     300        97,792  

CJ ENM Co., Ltd.

     162        18,915  

Coway Co., Ltd.

     1,306        81,738  

DB Insurance Co., Ltd.

     1,971        89,534  

Fila Holdings Corp.

     879        26,509  

GS Engineering & Construction Corp.

     2,705        90,110  

Hana Financial Group, Inc.

     3,444        121,826  

Hankook Tire & Technology Co., Ltd.

     2,144        71,602  

Hanon Systems

     2,445        27,664  

Hyundai Engineering & Construction Co., Ltd.

     2,212        82,712  

Hyundai Glovis Co., Ltd.

     598        84,512  

Hyundai Steel Co.

     2,450        84,501  

KB Financial Group, Inc.

     3,147        145,602  

Korea Investment Holdings Co., Ltd.

     384        26,068  

Korea Zinc Co., Ltd.

     64        27,511  

LG Chem Ltd.

     293        151,584  

LG Display Co., Ltd.*

     4,082        84,473  

LG Electronics, Inc.*

     1,233        143,137  

LG Household & Health Care Ltd.

     108        99,664  

LG Innotek Co., Ltd.

     315        96,454  

Lotte Chemical Corp.

     323        58,962  

Meritz Securities Co., Ltd.

     18,028        78,102  

Mirae Asset Securities Co., Ltd.

     7,323        53,286  

NH Investment & Securities Co., Ltd.

     4,478        47,087  

POSCO Chemical Co., Ltd.

     553        66,988  

Samsung Electro-Mechanics Co., Ltd.

     545        90,547  

Samsung Electronics Co., Ltd.

     18,544        1,221,447  

Samsung Engineering Co., Ltd.*

     4,747        91,446  

Samsung Fire & Marine Insurance Co., Ltd.

     529        89,891  

Samsung Life Insurance Co., Ltd.

     1,304        70,315  

Samsung SDS Co., Ltd.

     323        42,523  

Samsung Securities Co., Ltd.

     1,993        75,277  

Shinhan Financial Group Co., Ltd.

     4,163      128,874  

SK Chemicals Co., Ltd.

     414        51,891  

SK Hynix, Inc.

     2,488        274,177  

SKC Co., Ltd.

     311        45,653  
     

 

 

 
Total South Korea

 

     4,138,374  
Taiwan – 19.0%

 

Acer, Inc.

     57,000        62,734  

Advantech Co., Ltd.

     4,499        64,476  

ASE Technology Holding Co., Ltd.

     11,000        42,343  

Asia Cement Corp.

     15,000        24,018  

Asustek Computer, Inc.

     4,000        54,361  

AU Optronics Corp.

     52,000        43,040  

Catcher Technology Co., Ltd.

     3,000        16,970  

Cathay Financial Holding Co., Ltd.

     64,714        146,189  

Chailease Holding Co., Ltd.

     11,960        113,907  

Chang Hwa Commercial Bank Ltd.

     37,000        22,735  

Cheng Shin Rubber Industry Co., Ltd.

     17,000        22,182  

China Development Financial Holding Corp.

     192,114        121,517  

China Development Financial Holding Corp., Preference Shares

     1,929        669  

Compal Electronics, Inc.

     39,000        34,113  

CTBC Financial Holding Co., Ltd.

     122,720        115,104  

Delta Electronics, Inc.

     10,000        99,396  

E.Sun Financial Holding Co., Ltd.

     62,772        63,641  

Eclat Textile Co., Ltd.

     1,000        22,807  

Evergreen Marine Corp. Taiwan Ltd.

     39,000        200,871  

Far Eastern New Century Corp.

     38,000        40,243  

Feng TAY Enterprise Co., Ltd.

     7,200        60,245  

Fubon Financial Holding Co., Ltd.

     60,392        166,549  

Giant Manufacturing Co., Ltd.

     2,000        24,939  

Hon Hai Precision Industry Co., Ltd.

     44,880        168,704  

Hotai Motor Co., Ltd.

     1,000        22,192  

Innolux Corp.

     70,000        49,590  

Inventec Corp.

     27,000        24,348  

Lite-On Technology Corp.

     15,014        34,622  

MediaTek, Inc.

     6,000        258,069  

Micro-Star International Co., Ltd.

     8,000        46,409  

Nan Ya Printed Circuit Board Corp.

     2,000        41,349  

Nanya Technology Corp.

     8,000        22,583  

Nien Made Enterprise Co., Ltd.

     3,000        44,728  

Novatek Microelectronics Corp.

     2,000        38,963  

Pegatron Corp.

     14,000        34,966  

Phison Electronics Corp.

     2,000        37,012  

Powertech Technology, Inc.

     7,000        24,719  

Quanta Computer, Inc.

     20,000        68,457  

Realtek Semiconductor Corp.

     4,000        83,854  

Shanghai Commercial & Savings Bank Ltd. (The)

     15,000        25,617  

Shin Kong Financial Holding Co., Ltd.

     101,297        40,457  

SinoPac Financial Holdings Co., Ltd.

     107,000        62,459  

Synnex Technology International Corp.

     20,150        48,214  

Taishin Financial Holding Co., Ltd.

     61,998        42,464  

Taiwan Semiconductor Manufacturing Co., Ltd.

     94,000        2,089,493  

Unimicron Technology Corp.

     5,000        41,746  

United Microelectronics Corp.

     48,000        112,770  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets ESG Fund (RESE)

December 31, 2021

 

 

 

Investments    Shares      Value  

Vanguard International Semiconductor Corp.

     6,000      $ 34,265  

Wan Hai Lines Ltd.

     3,600        25,829  

Win Semiconductors Corp.

     3,000        40,608  

Winbond Electronics Corp.

     20,000        24,578  

Wistron Corp.

     32,843        34,603  

Wiwynn Corp.

     1,000        40,301  

WPG Holdings Ltd.

     10,000        19,012  

Yageo Corp.

     1,000        17,331  

Yuanta Financial Holding Co., Ltd.

     124,120        113,501  

Zhen Ding Technology Holding Ltd.

     5,000        18,162  
     

 

 

 
Total Taiwan

 

     5,395,024  
Thailand – 1.8%

 

Energy Absolute PCL, NVDR

     28,600        82,191  

Gulf Energy Development PCL, NVDR

     60,500        82,858  

Home Product Center PCL, NVDR

     158,000        68,582  

Indorama Ventures PCL, NVDR

     75,400        97,622  

SCG Packaging PCL, NVDR

     32,600        67,581  

Srisawad Corp. PCL, NVDR

     13,700        25,325  

Thai Union Group PCL, NVDR

     132,600        77,405  
     

 

 

 
Total Thailand

 

     501,564  
Turkey – 0.3%

 

Turkcell Iletisim Hizmetleri AS

     56,559        78,622  

TOTAL COMMON STOCKS

(Cost: $22,396,726)

 

 

     28,399,688  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.7%

 

United States – 0.7%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 0.03%(d)

     
(Cost: $189,650)      189,650      189,650  

TOTAL INVESTMENTS IN SECURITIES – 100.9%

(Cost: $22,586,376)

 

 

     28,589,338  

Other Assets less Liabilities – (0.9)%

 

     (254,340
     

 

 

 
NET ASSETS – 100.0%

 

   $ 28,334,998  
* 

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, 2021 (See Note 2). At December 31, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $485,443 and the total market value of the collateral held by the Fund was $519,564. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $329,914.

 

(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, 2021.

 

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
 

State Street Bank and Trust

    1/3/2022       1,516       USD       6,340       MYR     $     $ (6 ) 

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

   $ 28,399,688      $      $      $ 28,399,688  

Investment of Cash Collateral for Securities Loaned

            189,650               189,650  

Total Investments in Securities

   $ 28,399,688      $ 189,650      $      $ 28,589,338  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (6    $      $ (6

Total – Net

   $ 28,399,688      $ 189,644      $      $ 28,589,332  
1 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited)

WisdomTree International ESG Fund (RESD)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.3%

 

Australia – 7.0%

 

Aristocrat Leisure Ltd.

     181      $ 5,734  

Australia & New Zealand Banking Group Ltd.

     2,260        45,203  

BlueScope Steel Ltd.

     494        7,507  

Brambles Ltd.

     3,300        25,504  

Commonwealth Bank of Australia

     910        66,823  

Computershare Ltd.

     1,301        18,918  

CSL Ltd.

     324        68,483  

Domino’s Pizza Enterprises Ltd.

     43        3,690  

Fortescue Metals Group Ltd.

     1,692        23,632  

Macquarie Group Ltd.

     284        42,411  

Medibank Pvt Ltd.

     4,309        10,495  

National Australia Bank Ltd.

     2,824        59,214  

Newcrest Mining Ltd.(a)

     944        16,801  

Ramsay Health Care Ltd.

     195        10,137  

Sonic Healthcare Ltd.

     709        24,037  

Suncorp Group Ltd.

     1,704        13,715  

Tabcorp Holdings Ltd.

     4,138        15,103  

Telstra Corp., Ltd.

     5,741        17,447  

Transurban Group

     2,831        28,445  

Westpac Banking Corp.

     2,546        39,520  
     

 

 

 
Total Australia

 

     542,819  
Austria – 0.1%

 

Raiffeisen Bank International AG

     355        10,448  
Belgium – 0.9%

 

KBC Group N.V.

     435        37,329  

Proximus SADP

     1,195        23,292  

UCB S.A.

     112        12,781  
     

 

 

 
Total Belgium

 

     73,402  
China – 0.3%

 

Chow Tai Fook Jewellery Group Ltd.*

     10,400        18,702  

SITC International Holdings Co., Ltd.

     2,000        7,234  
     

 

 

 
Total China

 

     25,936  
Denmark – 3.4%

 

AP Moller – Maersk A/S, Class B

     4        14,342  

Chr Hansen Holding A/S

     172        13,554  

Coloplast A/S, Class B

     120        21,119  

DSV A/S

     139        32,464  

Novo Nordisk A/S, Class B

     1,175        132,048  

Novozymes A/S, Class B

     497        40,822  

Rockwool International A/S, Class B

     31        13,556  
     

 

 

 
Total Denmark

 

     267,905  
Finland – 0.7%

 

Elisa Oyj

     175        10,771  

Nordea Bank Abp

     2,301        28,083  

Orion Oyj, Class B

     389        16,155  
     

 

 

 
Total Finland

 

     55,009  
France – 9.3%

 

Arkema S.A.

     145        20,422  

Atos SE

     367        15,605  

AXA S.A.

     1,790        53,302  

BioMerieux

     106      15,056  

BNP Paribas S.A.

     758        52,384  

Bureau Veritas S.A.

     406        13,472  

Capgemini SE

     222        54,405  

Cie de Saint-Gobain

     579        40,738  

Cie Generale des Etablissements Michelin SCA

     224        36,720  

Danone S.A.

     561        34,827  

Eurazeo SE

     82        7,162  

Ipsen S.A.

     246        22,520  

Klepierre S.A.*

     1,047        24,825  

L’Oreal S.A.

     183        86,770  

La Francaise des Jeux SAEM(b)

     325        14,392  

Legrand S.A.

     407        47,626  

Orange S.A.

     1,982        21,216  

Remy Cointreau S.A.

     53        12,898  

Sanofi

     685        69,002  

Sartorius Stedim Biotech

     28        15,360  

SEB S.A.

     141        21,951  

Sodexo S.A.

     277        24,274  

Suez S.A.

     983        22,145  
     

 

 

 
Total France

 

     727,072  
Germany – 8.7%

 

adidas AG

     159        45,782  

Allianz SE, Registered Shares

     283        66,828  

Bayerische Motoren Werke AG

     379        38,139  

Bechtle AG

     82        5,869  

Beiersdorf AG

     219        22,509  

Brenntag SE

     333        30,136  

Covestro AG(b)

     299        18,429  

Deutsche Boerse AG

     164        27,434  

Deutsche Post AG, Registered Shares

     1,115        71,691  

Evonik Industries AG

     745        24,120  

GEA Group AG

     418        22,860  

HeidelbergCement AG

     305        20,644  

Henkel AG & Co. KGaA, Preference Shares

     295        23,866  

Knorr-Bremse AG

     83        8,202  

LEG Immobilien SE

     74        10,326  

Merck KGaA

     218        56,275  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     134        39,696  

Nemetschek SE

     33        4,233  

Puma SE

     175        21,394  

SAP SE

     675        95,875  

Volkswagen AG, Preference Shares

     138        27,853  
     

 

 

 
Total Germany

 

     682,161  
Hong Kong – 2.2%

 

CK Asset Holdings Ltd.

     500        3,152  

Hang Seng Bank Ltd.

     1,100        20,134  

Hong Kong Exchanges & Clearing Ltd.

     1,300        75,936  

Hongkong Land Holdings Ltd.

     2,000        10,400  

MTR Corp., Ltd.

     4,500        24,156  

Sino Land Co., Ltd.

     10,000        12,455  

Swire Properties Ltd.

     8,800        22,055  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International ESG Fund (RESD)

December 31, 2021

 

 

 

Investments    Shares      Value  

Xinyi Glass Holdings Ltd.

     1,000      $ 2,501  
     

 

 

 
Total Hong Kong               170,789  
Ireland – 0.4%

 

Kerry Group PLC, Class A

     143        18,417  

Kingspan Group PLC

     100        11,940  
     

 

 

 
Total Ireland

 

     30,357  
Israel – 0.1%

 

Check Point Software Technologies Ltd.*

     42        4,896  
Italy – 2.0%

 

Amplifon SpA

     156        8,418  

Assicurazioni Generali SpA

     2,131        45,147  

DiaSorin SpA

     30        5,713  

Poste Italiane SpA(b)

     994        13,045  

Recordati Industria Chimica e Farmaceutica SpA

     151        9,702  

Snam SpA

     3,729        22,475  

Telecom Italia SpA

     45,063        22,251  

Terna – Rete Elettrica Nazionale

     3,391        27,433  
     

 

 

 
Total Italy               154,184  
Japan – 25.3%

 

Advantest Corp.

     100        9,466  

AGC, Inc.

     500        23,837  

Aisin Corp.

     200        7,659  

Ajinomoto Co., Inc.

     1,200        36,441  

Asahi Group Holdings Ltd.

     500        19,426  

Astellas Pharma, Inc.

     1,300        21,116  

Bridgestone Corp.

     500        21,488  

Canon, Inc.(a)

     1,200        29,189  

Casio Computer Co., Ltd.

     1,300        16,697  

Chugai Pharmaceutical Co., Ltd.

     600        19,461  

Dai Nippon Printing Co., Ltd.

     600        15,074  

Dai-ichi Life Holdings, Inc.

     800        16,156  

Daito Trust Construction Co., Ltd.

     100        11,437  

Daiwa House Industry Co., Ltd.

     700        20,109  

Daiwa Securities Group, Inc.

     3,800        21,406  

Denso Corp.

     300        24,825  

Dentsu Group, Inc.(a)

     300        10,681  

Fuji Electric Co., Ltd.

     600        32,721  

FUJIFILM Holdings Corp.

     500        37,020  

Fujitsu Ltd.

     300        51,400  

Hitachi Construction Machinery Co., Ltd.

     300        8,662  

Hitachi Ltd.

     800        43,281  

Hitachi Metals Ltd.*

     400        7,402  

Honda Motor Co., Ltd.

     1,100        30,854  

Hulic Co., Ltd.

     200        1,897  

Ibiden Co., Ltd.

     100        5,940  

Iida Group Holdings Co., Ltd.

     200        4,648  

Isuzu Motors Ltd.

     500        6,213  

Itochu Techno-Solutions Corp.

     800        25,705  

Japan Post Holdings Co., Ltd.

     500        3,894  

Japan Post Insurance Co., Ltd.

     200        3,213  

Kao Corp.

     500        26,134  

KDDI Corp.

     1,200        35,035  

Kirin Holdings Co., Ltd.

     800      12,831  

Kubota Corp.

     1,600        35,479  

Lixil Corp.

     800        21,293  

Mazda Motor Corp.

     2,100        16,139  

McDonald’s Holdings Co., Japan Ltd.

     200        8,840  

MEIJI Holdings Co., Ltd.

     200        11,914  

Mitsubishi Chemical Holdings Corp.

     1,700        12,578  

Mitsubishi UFJ Financial Group, Inc.

     9,100        49,382  

Mitsui Chemicals, Inc.

     400        10,733  

Mizuho Financial Group, Inc.

     1,800        22,868  

MS&AD Insurance Group Holdings, Inc.

     600        18,492  

NEC Corp.

     1,000        46,112  

NGK Insulators Ltd.

     300        5,064  

NH Foods Ltd.

     300        10,785  

Nintendo Co., Ltd.

     100        46,589  

Nippon Express Co., Ltd.*

     300        17,754  

Nippon Prologis REIT, Inc.

     1        3,534  

Nippon Sanso Holdings Corp.

     300        6,547  

Nippon Telegraph & Telephone Corp.

     1,700        46,503  

Nissin Foods Holdings Co., Ltd.

     100        7,286  

Nitto Denko Corp.

     400        30,880  

Nomura Holdings, Inc.

     4,600        20,041  

Nomura Real Estate Holdings, Inc.

     200        4,597  

Nomura Research Institute Ltd.

     1,000        42,855  

NSK Ltd.

     2,100        13,458  

NTT Data Corp.

     1,900        40,688  

Olympus Corp.

     700        16,106  

Ono Pharmaceutical Co., Ltd.

     400        9,921  

Oracle Corp.

     100        7,590  

Otsuka Holdings Co., Ltd.

     200        7,241  

Panasonic Corp.

     2,500        27,463  

Resona Holdings, Inc.

     1,000        3,885  

Rinnai Corp.

     200        18,028  

Rohm Co., Ltd.

     100        9,092  

Ryohin Keikaku Co., Ltd.

     600        9,139  

SBI Holdings, Inc.

     300        8,167  

SCSK Corp.

     1,500        29,816  

Seiko Epson Corp.

     1,500        26,977  

Sekisui Chemical Co., Ltd.

     1,100        18,360  

Sekisui House Ltd.

     700        15,008  

SG Holdings Co., Ltd.

     500        11,693  

Sharp Corp.

     1,000        11,471  

Shimano, Inc.

     50        13,313  

Sohgo Security Services Co., Ltd.

     300        11,906  

Sompo Holdings, Inc.

     700        29,537  

Sony Group Corp.

     900        113,130  

Sumitomo Dainippon Pharma Co., Ltd.

     700        8,054  

Sumitomo Electric Industries Ltd.

     900        11,719  

Sumitomo Metal Mining Co., Ltd.

     200        7,555  

Sumitomo Mitsui Financial Group, Inc.

     800        27,393  

Sumitomo Mitsui Trust Holdings, Inc.

     400        13,349  

Suntory Beverage & Food Ltd.

     400        14,450  

Sysmex Corp.

     200        27,007  

T&D Holdings, Inc.

     1,100        14,061  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited) (continued)

WisdomTree International ESG Fund (RESD)

December 31, 2021

 

 

 

Investments    Shares      Value  

Takeda Pharmaceutical Co., Ltd.

     1,000      $ 27,242  

TIS, Inc.

     200        5,949  

Tokio Marine Holdings, Inc.

     500        27,754  

Tokyo Electron Ltd.

     100        57,557  

Tokyo Gas Co., Ltd.

     1,200        21,488  

Tosoh Corp.

     300        4,444  

TOTO Ltd.

     400        18,375  

Toyo Suisan Kaisha Ltd.

     500        21,167  

Trend Micro, Inc.*

     100        5,549  

Unicharm Corp.

     600        26,047  

Yamada Holdings Co., Ltd.

     1,000        3,413  

Yamaha Motor Co., Ltd.(a)

     700        16,771  

Yamato Holdings Co., Ltd.

     300        7,042  
     

 

 

 
Total Japan

 

     1,975,958  
Netherlands – 6.3%

 

Akzo Nobel N.V.

     219        24,033  

ASM International N.V.

     34        15,029  

ASML Holding N.V.

     275        221,006  

Heineken Holding N.V.

     237        21,871  

Koninklijke DSM N.V.

     211        47,510  

Koninklijke KPN N.V.

     7,860        24,402  

Koninklijke Philips N.V.

     963        35,882  

NN Group N.V.

     598        32,377  

QIAGEN N.V.*

     107        5,961  

Randstad N.V.

     237        16,182  

Wolters Kluwer N.V.

     394        46,419  
     

 

 

 
Total Netherlands

 

     490,672  
New Zealand – 0.1%

 

Spark New Zealand Ltd.

     3,522        10,899  
Norway – 0.6%

 

Orkla ASA

     2,318        23,226  

Yara International ASA

     440        22,204  
     

 

 

 
Total Norway

 

     45,430  
Singapore – 1.4%

 

DBS Group Holdings Ltd.

     1,900        46,029  

Keppel Corp., Ltd.

     4,400        16,710  

Oversea-Chinese Banking Corp., Ltd.

     1,300        10,993  

Singapore Exchange Ltd.

     2,000        13,797  

Singapore Telecommunications Ltd.

     12,900        22,199  
     

 

 

 
Total Singapore

 

     109,728  
Spain – 2.1%

 

Banco Bilbao Vizcaya Argentaria S.A.

     6,190        36,956  

CaixaBank S.A.

     9,073        24,907  

Enagas S.A.

     877        20,345  

Grifols S.A.(a)

     999        19,171  

Red Electrica Corp. S.A.

     1,216        26,309  

Telefonica S.A.

     7,506        32,880  
     

 

 

 
Total Spain

 

     160,568  
Sweden – 2.6%

 

Essity AB, Class B

     857        27,961  

H & M Hennes & Mauritz AB, Class B

     1,450        28,520  

Husqvarna AB, Class B

     2,489      39,821  

Securitas AB, Class B

     600        8,261  

Svenska Handelsbanken AB, Class A

     1,921        20,763  

Swedbank AB, Class A

     896        18,021  

Tele2 AB, Class B

     417        5,946  

Telefonaktiebolaget LM Ericsson, Class B

     3,351        36,934  

Telia Co. AB

     4,651        18,188  
     

 

 

 
Total Sweden

 

     204,415  
Switzerland – 12.7%

 

ABB Ltd., Registered Shares

     1,550        59,370  

Barry Callebaut AG, Registered Shares

     7        17,025  

Coca-Cola HBC AG*

     799        27,650  

Geberit AG, Registered Shares

     63        51,526  

Givaudan S.A., Registered Shares

     11        57,852  

Kuehne + Nagel International AG, Registered Shares

     116        37,481  

Logitech International S.A., Registered Shares

     268        22,613  

Nestle S.A., Registered Shares

     1,480        207,003  

Novartis AG, Registered Shares

     1,168        102,911  

Roche Holding AG

     365        151,865  

Schindler Holding AG, Participation Certificate

     83        22,363  

SGS S.A., Registered Shares

     12        40,130  

Sika AG, Registered Shares

     68        28,375  

Sonova Holding AG, Registered Shares

     70        27,488  

STMicroelectronics N.V.

     1,234        60,861  

Swisscom AG, Registered Shares

     58        32,757  

Temenos AG, Registered Shares

     30        4,150  

Zurich Insurance Group AG

     99        43,505  
     

 

 

 
Total Switzerland

 

     994,925  
United Kingdom – 13.1%

 

AstraZeneca PLC

     847        99,556  

Auto Trader Group PLC(b)

     898        9,001  

Aviva PLC

     6,352        35,309  

Barclays PLC

     14,946        37,855  

Barratt Developments PLC

     2,484        25,166  

Bunzl PLC

     694        27,119  

Croda International PLC

     166        22,754  

Diageo PLC

     1,706        93,259  

Entain PLC*

     544        12,401  

Experian PLC

     704        34,632  

Ferguson PLC

     131        23,252  

GlaxoSmithKline PLC

     2,996        65,195  

Intertek Group PLC

     322        24,554  

Johnson Matthey PLC

     892        24,719  

Kingfisher PLC

     10,058        46,087  

National Grid PLC

     2,946        42,288  

Next PLC

     165        18,214  

Pearson PLC

     2,752        22,857  

Reckitt Benckiser Group PLC

     484        41,575  

RELX PLC

     1,384        45,027  

Rentokil Initial PLC

     2,150        17,006  

Sage Group PLC (The)

     517        5,970  

Segro PLC

     1,055        20,527  

Smith & Nephew PLC

     1,319        23,109  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International ESG Fund (RESD)

December 31, 2021

 

 

 

Investments    Shares      Value  

Taylor Wimpey PLC

     10,723      $ 25,489  

Unilever PLC

     1,505        80,427  

United Utilities Group PLC

     2,456        36,226  

Vodafone Group PLC

     24,316        36,973  

WPP PLC

     1,692        25,656  
     

 

 

 
Total United Kingdom

 

     1,022,203  
TOTAL COMMON STOCKS
(Cost: $6,343,597)

 

     7,759,776  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.8%

 

United States – 0.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 0.03%(c)

     
(Cost: $60,624)      60,624        60,624  

TOTAL INVESTMENTS IN SECURITIES – 100.1%

(Cost: $6,404,221)

 

 

     7,820,400  

Other Assets less Liabilities – (0.1)%

 

     (8,592
     

 

 

 
NET ASSETS – 100.0%

 

   $ 7,811,808  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2021 (See Note 2). At December 31, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $71,048 and the total market value of the collateral held by the Fund was $76,164. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $15,540.

 

(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, 2021.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

           

Japan

   $ 1,958,204      $ 17,754      $      $ 1,975,958  

Other

     5,783,818                      5,783,818  

Investment of Cash Collateral for Securities Loaned

            60,624               60,624  

Total Investments in Securities

   $ 7,742,022      $ 78,378      $      $ 7,820,400  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  
U.S. CORPORATE BONDS – 94.9%

 

United States – 94.9%

 

3M Co.

     

3.38%, 3/1/29(a)

   $ 7,000      $ 7,643  

3.13%, 9/19/46

     70,000        74,012  

Abbott Laboratories

     

2.95%, 3/15/25

     29,000        30,482  

4.90%, 11/30/46

     99,000        136,256  

AbbVie, Inc.

     

2.60%, 11/21/24

     93,000        96,472  

3.80%, 3/15/25

     89,000        94,967  

3.60%, 5/14/25

     112,000        119,055  

3.20%, 5/14/26

     90,000        95,267  

3.20%, 11/21/29

     133,000        142,443  

4.30%, 5/14/36

     46,000        54,125  

4.45%, 5/14/46

     38,000        46,016  

4.88%, 11/14/48

     56,000        72,644  

4.25%, 11/21/49

     206,000        247,676  

Activision Blizzard, Inc.
2.50%, 9/15/50

     61,000        53,676  

Albemarle Corp.
4.15%, 12/1/24

     5,000        5,360  

Alexandria Real Estate Equities, Inc.

     

3.95%, 1/15/28

     63,000        69,853  

4.90%, 12/15/30

     98,000        117,744  

Allstate Corp. (The)
5.55%, 5/9/35

     100,000        132,101  

Ally Financial, Inc.
5.80%, 5/1/25

     68,000        76,775  

Alphabet, Inc.
2.25%, 8/15/60

     48,000        43,012  

Altria Group, Inc.

     

4.40%, 2/14/26

     45,000        49,448  

2.63%, 9/16/26

     193,000        199,662  

3.88%, 9/16/46

     56,000        54,352  

5.95%, 2/14/49

     88,000        110,396  

6.20%, 2/14/59

     8,000        10,472  

4.00%, 2/4/61

     50,000        48,001  

Amazon.com, Inc.

     

4.05%, 8/22/47

     35,000        42,684  

4.25%, 8/22/57

     50,000        64,257  

2.70%, 6/3/60

     64,000        61,796  

Ameren Corp.
3.50%, 1/15/31

     44,000        47,656  

American Express Co.

     

2.50%, 8/1/22

     56,000        56,564  

3.40%, 2/27/23

     149,000        153,312  

3.40%, 2/22/24

     59,000        61,818  

3.63%, 12/5/24

     27,000        28,875  

American Financial Group, Inc.
4.50%, 6/15/47

     60,000        71,512  

American International Group, Inc.

     

2.50%, 6/30/25

     179,000        184,776  

3.90%, 4/1/26

     88,000        95,558  

4.80%, 7/10/45

     100,000        126,959  

4.75%, 4/1/48

     61,000        78,266  

American Water Capital Corp.

     

2.95%, 9/1/27

   29,000      30,673  

4.30%, 12/1/42

     58,000        69,900  

Amgen, Inc.

     

1.90%, 2/21/25

     239,000        243,049  

2.20%, 2/21/27(a)

     213,000        218,065  

2.77%, 9/1/53

     31,000        29,122  

Amphenol Corp.
2.80%, 2/15/30

     22,000        22,770  

Anthem, Inc.

     

3.30%, 1/15/23

     23,000        23,629  

3.65%, 12/1/27

     73,000        80,169  

4.10%, 3/1/28

     48,000        53,545  

4.63%, 5/15/42

     15,000        18,705  

4.65%, 1/15/43

     40,000        50,020  

4.38%, 12/1/47

     60,000        73,570  

Appalachian Power Co.
7.00%, 4/1/38

     185,000        268,037  

Apple, Inc.

     

0.70%, 2/8/26

     249,000        243,348  

3.20%, 5/11/27

     10,000        10,793  

2.90%, 9/12/27

     25,000        26,668  

3.00%, 11/13/27

     26,000        27,936  

1.40%, 8/5/28

     248,000        243,033  

3.85%, 5/4/43

     13,000        15,374  

3.85%, 8/4/46

     28,000        33,236  

4.25%, 2/9/47

     35,000        43,994  

3.75%, 11/13/47

     9,000        10,608  

2.65%, 2/8/51

     50,000        49,230  

2.80%, 2/8/61(a)

     50,000        49,579  

Applied Materials, Inc.

     

5.10%, 10/1/35

     31,000        40,314  

5.85%, 6/15/41

     14,000        20,467  

AT&T, Inc.

     

4.35%, 3/1/29

     89,000        100,197  

4.30%, 2/15/30

     93,000        104,882  

2.55%, 12/1/33

     99,000        97,030  

4.50%, 5/15/35

     49,000        56,661  

6.30%, 1/15/38

     69,000        94,502  

3.10%, 2/1/43

     123,000        119,419  

AvalonBay Communities, Inc.

     

4.20%, 12/15/23

     12,000        12,663  

2.95%, 5/11/26

     45,000        47,574  

Avangrid, Inc.
3.80%, 6/1/29

     57,000        62,336  

Bank of America Corp.

     

4.13%, 1/22/24

     55,000        58,473  

4.20%, 8/26/24

     325,000        348,283  

4.45%, 3/3/26

     47,000        51,812  

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

     243,000        241,236  

3.25%, 10/21/27

     95,000        101,308  

4.18%, 11/25/27, Series L

     30,000        32,857  

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)

     174,000        186,030  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

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)

   $ 178,000      $ 187,758  

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)

     240,000        241,027  

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

     236,000        238,563  

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

     504,000        483,628  

5.00%, 1/21/44

     121,000        159,046  

4.08%, 3/20/51, (4.083% fixed rate until 3/20/50; 3-month U.S. dollar London Interbank Offered Rate + 3.15% thereafter)(b)

     60,000        72,375  

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

     108,000        121,860  

Berkshire Hathaway Energy Co.

     

3.75%, 11/15/23(a)

     44,000        46,049  

6.13%, 4/1/36

     30,000        40,975  

3.80%, 7/15/48

     47,000        52,590  

4.45%, 1/15/49

     70,000        86,922  

Berkshire Hathaway Finance Corp.

     

1.85%, 3/12/30(a)

     240,000        238,368  

4.20%, 8/15/48

     20,000        24,325  

Berkshire Hathaway, Inc.
2.75%, 3/15/23

     125,000        127,737  

BGC Partners, Inc.
5.38%, 7/24/23

     38,000        40,145  

Biogen, Inc.
3.25%, 2/15/51(c)

     83,000        82,485  

BlackRock, Inc.
2.40%, 4/30/30

     100,000        102,804  

Block Financial LLC
5.50%, 11/1/22

     46,000        46,656  

Boardwalk Pipelines L.P.
5.95%, 6/1/26

     60,000        68,884  

Boeing Co. (The)

     

4.88%, 5/1/25

     131,000        143,492  

2.75%, 2/1/26

     94,000        96,878  

2.20%, 2/4/26

     171,000        171,009  

3.10%, 5/1/26

     27,000        28,159  

2.70%, 2/1/27

     122,000        124,457  

3.45%, 11/1/28

     140,000        147,101  

3.20%, 3/1/29

     250,000        258,595  

2.95%, 2/1/30

     53,000        53,721  

5.15%, 5/1/30

     146,000        170,525  

5.88%, 2/15/40

     76,000        97,818  

3.90%, 5/1/49

     35,000        36,740  

3.75%, 2/1/50

     68,000        70,701  

3.95%, 8/1/59

     25,000        26,061  

5.93%, 5/1/60

     72,000        99,971  

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

     27,000        29,468  

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

   30,000      35,030  

Boston Scientific Corp.

     

4.00%, 3/1/29

     50,000        55,612  

4.70%, 3/1/49

     36,000        45,816  

Brighthouse Financial, Inc.
4.70%, 6/22/47

     8,000        8,795  

Bristol-Myers Squibb Co.

     

5.25%, 8/15/43

     14,000        18,870  

4.35%, 11/15/47

     11,000        13,670  

4.25%, 10/26/49

     58,000        71,900  

Broadcom Corp.
3.88%, 1/15/27

     154,000        167,073  

Broadcom, Inc.

     

3.46%, 9/15/26

     16,000        17,052  

4.11%, 9/15/28

     144,000        158,115  

5.00%, 4/15/30

     163,000        189,833  

4.15%, 11/15/30

     121,000        134,318  

3.42%, 4/15/33(c)

     78,000        81,554  

3.47%, 4/15/34(c)

     171,000        178,644  

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

     25,000        26,704  

Burlington Northern Santa Fe LLC

     

3.75%, 4/1/24

     15,000        15,804  

5.05%, 3/1/41

     25,000        32,683  

5.40%, 6/1/41

     19,000        25,733  

4.45%, 3/15/43

     38,000        46,953  

4.15%, 4/1/45

     130,000        156,220  

Capital One Financial Corp.

     

3.75%, 7/28/26

     136,000        145,769  

3.80%, 1/31/28

     281,000        306,133  

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

     46,000        48,022  

Caterpillar, Inc.
3.25%, 4/9/50(a)

     53,000        58,734  

Chevron USA, Inc.
1.02%, 8/12/27

     160,000        154,499  

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

     86,000        128,604  

Cigna Corp.

     

4.50%, 2/25/26

     54,000        59,854  

4.38%, 10/15/28

     63,000        71,692  

4.80%, 7/15/46

     132,000        166,931  

3.88%, 10/15/47

     18,000        20,048  

4.90%, 12/15/48

     94,000        121,696  

3.40%, 3/15/50

     46,000        48,084  

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

     35,000        48,966  

Citigroup, Inc.

     

5.50%, 9/13/25

     84,000        95,027  

4.30%, 11/20/26

     291,000        322,198  

4.45%, 9/29/27

     116,000        129,407  

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

     97,000        110,933  

6.63%, 6/15/32

     150,000        199,170  

8.13%, 7/15/39

     106,000        180,020  

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

5.88%, 1/30/42

   $ 83,000      $ 117,581  

4.65%, 7/23/48

     93,000        120,118  

CNA Financial Corp.

     

4.50%, 3/1/26

     18,000        19,860  

3.45%, 8/15/27(a)

     57,000        61,458  

Coca-Cola Co. (The)

     

1.45%, 6/1/27(a)

     67,000        66,726  

2.75%, 6/1/60

     50,000        49,908  

Comcast Corp.
3.38%, 2/15/25

     19,000        20,180  

3.38%, 8/15/25

     10,000        10,678  

3.15%, 2/15/28

     4,000        4,297  

4.15%, 10/15/28

     28,000        31,804  

4.25%, 10/15/30

     78,000        90,061  

1.50%, 2/15/31

     284,000        267,738  

4.25%, 1/15/33

     191,000        224,064  

4.00%, 8/15/47

     104,000        119,496  

3.97%, 11/1/47

     42,000        48,274  

3.45%, 2/1/50

     37,000        39,597  

2.94%, 11/1/56(c)

     39,000        37,243  

2.99%, 11/1/63(c)

     58,000        55,235  

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

     141,000        157,593  

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

     61,000        65,006  

7.00%, 10/1/28

     33,000        42,776  

5.40%, 11/1/48(a)

     42,000        56,844  

Connecticut Light & Power Co. (The)
4.30%, 4/15/44

     30,000        36,785  

ConocoPhillips
6.95%, 4/15/29

     110,000        144,771  

5.90%, 5/15/38

     129,000        177,583  

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

     98,000        142,209  

4.20%, 3/15/42, Series 12-A

     40,000        45,455  

3.95%, 3/1/43

     37,000        40,364  

4.50%, 12/1/45

     34,000        40,177  

3.85%, 6/15/46

     25,000        27,232  

4.50%, 5/15/58

     5,000        6,161  

3.70%, 11/15/59

     38,000        40,914  

Constellation Brands, Inc.
4.25%, 5/1/23

     49,000        51,119  

3.75%, 5/1/50

     38,000        41,653  

Corning, Inc.
4.38%, 11/15/57

     59,000        70,785  

5.45%, 11/15/79

     10,000        13,228  

CSX Corp.
3.80%, 3/1/28

     201,000        221,152  

6.00%, 10/1/36

     7,000        9,583  

6.15%, 5/1/37

     32,000        44,759  

3.80%, 11/1/46

     41,000        46,484  

4.25%, 11/1/66

     30,000        36,843  

CVS Health Corp.
3.88%, 7/20/25

     134,000        144,232  

4.30%, 3/25/28(a)

     59,000        66,284  

4.78%, 3/25/38

     117,000        142,681  

2.70%, 8/21/40

     101,000        97,227  

5.13%, 7/20/45

   56,000      72,957  

5.05%, 3/25/48

     145,000        189,841  

Discover Financial Services
3.85%, 11/21/22

     32,000        32,862  

3.95%, 11/6/24

     132,000        140,558  

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

     9,000        9,876  

Dominion Energy South Carolina, Inc.
5.10%, 6/1/65

     33,000        47,690  

Dominion Energy, Inc.
4.90%, 8/1/41, Series C

     18,000        22,248  

DTE Energy Co.
2.53%, 10/1/24, Series C

     114,000        117,558  

2.85%, 10/1/26

     57,000        59,561  

Duke Energy Carolinas LLC
3.95%, 11/15/28

     35,000        39,006  

6.05%, 4/15/38

     84,000        116,673  

3.95%, 3/15/48

     40,000        46,538  

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

     13,000        15,595  

Duke Energy Florida Project Finance LLC
2.54%, 9/1/31, Series 2026

     50,000        51,746  

Duke Energy Ohio, Inc.
3.70%, 6/15/46

     36,000        39,735  

Duke Energy Progress LLC
3.45%, 3/15/29

     63,000        68,192  

3.70%, 10/15/46

     37,000        41,502  

E*TRADE Financial Corp.
3.80%, 8/24/27

     100,000        108,685  

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

     10,000        12,346  

Eastman Chemical Co.
3.60%, 8/15/22

     10,000        10,104  

4.80%, 9/1/42

     69,000        83,316  

4.65%, 10/15/44

     20,000        23,909  

Eaton Corp.
4.15%, 11/2/42

     56,000        66,096  

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

     82,000        92,503  

Eli Lilly & Co.
2.25%, 5/15/50(a)

     58,000        53,464  

Enterprise Products Operating LLC
2.80%, 1/31/30(a)

     252,000        263,111  

5.95%, 2/1/41

     210,000        280,066  

3.70%, 1/31/51

     63,000        66,508  

3.95%, 1/31/60

     19,000        20,596  

EOG Resources, Inc.
3.90%, 4/1/35

     18,000        20,449  

Equitable Holdings, Inc.
4.35%, 4/20/28

     160,000        179,331  

Essential Utilities, Inc.
4.28%, 5/1/49

     32,000        38,296  

Essex Portfolio L.P.
3.50%, 4/1/25(a)

     65,000        68,750  

3.00%, 1/15/30

     82,000        85,971  

2.65%, 3/15/32

     25,000        25,189  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Estee Lauder Cos., Inc. (The)
2.38%, 12/1/29

   $ 140,000      $ 143,476  

Evergy, Inc.
2.45%, 9/15/24

     106,000        108,714  

2.90%, 9/15/29

     30,000        30,848  

Exelon Corp.
3.40%, 4/15/26

     71,000        75,742  

5.10%, 6/15/45

     114,000        147,962  

4.45%, 4/15/46

     40,000        48,393  

Exxon Mobil Corp.
2.02%, 8/16/24

     11,000        11,283  

2.71%, 3/6/25

     77,000        80,284  

3.48%, 3/19/30

     232,000        254,912  

4.33%, 3/19/50

     67,000        82,575  

Fidelity National Financial, Inc.
4.50%, 8/15/28

     75,000        84,949  

Fidelity National Information Services, Inc.
1.65%, 3/1/28(a)

     148,000        143,354  

Fifth Third Bancorp
3.95%, 3/14/28

     27,000        29,838  

8.25%, 3/1/38

     25,000        41,109  

Fiserv, Inc.
3.80%, 10/1/23

     33,000        34,515  

2.75%, 7/1/24

     51,000        52,776  

3.50%, 7/1/29

     89,000        95,787  

4.40%, 7/1/49

     40,000        47,805  

Florida Power & Light Co.
4.13%, 6/1/48

     79,000        97,379  

Fox Corp.
3.50%, 4/8/30

     151,000        163,056  

General Dynamics Corp.
4.25%, 4/1/40

     95,000        116,398  

General Mills, Inc.
4.00%, 4/17/25

     35,000        37,658  

4.20%, 4/17/28

     18,000        20,114  

3.00%, 2/1/51

     105,000        105,542  

Gilead Sciences, Inc.
3.70%, 4/1/24

     10,000        10,510  

3.65%, 3/1/26

     90,000        97,087  

4.60%, 9/1/35

     60,000        72,798  

4.80%, 4/1/44

     16,000        20,257  

4.50%, 2/1/45

     52,000        63,741  

4.15%, 3/1/47

     148,000        175,000  

Global Payments, Inc.
2.90%, 5/15/30

     85,000        86,644  

Globe Life, Inc.
4.55%, 9/15/28

     100,000        113,782  

Hartford Financial Services Group, Inc. (The)
6.10%, 10/1/41

     7,000        9,838  

Hasbro, Inc.
3.50%, 9/15/27

     55,000        59,381  

HCA, Inc.
5.25%, 6/15/26

     85,000        95,674  

4.50%, 2/15/27

     200,000        220,966  

4.13%, 6/15/29

     136,000        150,113  

5.25%, 6/15/49

     57,000        73,615  

Healthpeak Properties, Inc.
3.50%, 7/15/29

   45,000      48,870  

3.00%, 1/15/30

     47,000        49,347  

HollyFrontier Corp.
4.50%, 10/1/30

     30,000        32,464  

Home Depot, Inc. (The)
2.13%, 9/15/26

     23,000        23,755  

2.95%, 6/15/29

     37,000        39,455  

4.88%, 2/15/44

     34,000        44,831  

4.40%, 3/15/45

     163,000        203,902  

4.50%, 12/6/48

     9,000        11,679  

Honeywell International, Inc.
5.70%, 3/15/37

     4,000        5,534  

2.80%, 6/1/50(a)

     88,000        91,856  

HP, Inc.
6.00%, 9/15/41

     83,000        110,641  

Humana, Inc.
3.13%, 8/15/29

     172,000        180,225  

Hyatt Hotels Corp.
3.38%, 7/15/23

     2,000        2,050  

Illinois Tool Works, Inc.
3.90%, 9/1/42

     30,000        35,156  

Indiana Michigan Power Co.
4.55%, 3/15/46, Series K

     26,000        32,231  

Intel Corp.
3.10%, 7/29/22

     10,000        10,157  

2.88%, 5/11/24

     3,000        3,123  

3.25%, 11/15/49

     165,000        174,616  

4.95%, 3/25/60

     40,000        56,317  

Intercontinental Exchange, Inc.
3.00%, 6/15/50

     56,000        56,725  

3.00%, 9/15/60

     50,000        49,560  

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

     100,000        108,715  

4.15%, 5/15/39

     100,000        115,816  

4.00%, 6/20/42

     24,000        27,615  

International Flavors & Fragrances, Inc.
5.00%, 9/26/48

     10,000        12,888  

International Paper Co.
4.80%, 6/15/44

     3,000        3,798  

4.35%, 8/15/48

     9,000        11,083  

Interpublic Group of Cos., Inc. (The)
4.65%, 10/1/28(a)

     22,000        25,287  

Johnson & Johnson
2.90%, 1/15/28

     30,000        32,031  

4.38%, 12/5/33

     26,000        32,018  

3.40%, 1/15/38

     32,000        35,922  

3.70%, 3/1/46

     26,000        30,662  

3.50%, 1/15/48

     88,000        101,541  

JPMorgan Chase & Co.

     

4.49%, 3/24/31, (4.493% fixed rate until 3/24/30; Secured Overnight Financing Rate + 3.79% thereafter)(b)

     80,000        92,683  

6.40%, 5/15/38

     111,000        161,774  

3.11%, 4/22/41, (3.109% fixed rate until 4/22/40; Secured Overnight Financing Rate + 2.46% thereafter)(b)

     115,000        119,337  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

2.53%, 11/19/41, (2.525% fixed rate until 11/19/40; Secured Overnight Financing Rate + 1.51% thereafter)(b)

   $ 60,000      $ 57,172  

5.63%, 8/16/43

     16,000        22,316  

4.85%, 2/1/44

     23,000        30,177  

4.95%, 6/1/45(a)

     187,000        244,689  

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)

     124,000        145,700  

3.11%, 4/22/51, (3.109% fixed rate until 4/22/50; Secured Overnight Financing Rate + 2.44% thereafter)(b)

     177,000        183,553  

Kansas City Southern
4.20%, 11/15/69

     42,000        49,743  

Keurig Dr. Pepper, Inc.
3.80%, 5/1/50

     43,000        47,845  

Kimberly-Clark Corp.
3.10%, 3/26/30

     7,000        7,560  

5.30%, 3/1/41

     22,000        30,028  

KLA Corp.
3.30%, 3/1/50(a)

     22,000        23,574  

Kroger Co. (The)
4.00%, 2/1/24(a)

     50,000        52,628  

2.65%, 10/15/26(a)

     44,000        45,770  

3.70%, 8/1/27

     17,000        18,537  

5.15%, 8/1/43

     2,000        2,610  

4.45%, 2/1/47

     32,000        38,980  

Laboratory Corp. of America Holdings
4.70%, 2/1/45

     15,000        18,348  

Lam Research Corp.
3.80%, 3/15/25

     4,000        4,289  

Las Vegas Sands Corp.
2.90%, 6/25/25

     157,000        157,509  

Lincoln National Corp.
3.80%, 3/1/28

     25,000        27,459  

Lockheed Martin Corp.
4.50%, 5/15/36

     31,000        37,927  

4.70%, 5/15/46

     18,000        23,413  

4.09%, 9/15/52

     70,000        86,762  

Lowe’s Cos., Inc.
4.05%, 5/3/47

     116,000        134,256  

LYB International Finance III LLC
4.20%, 10/15/49

     100,000        115,499  

4.20%, 5/1/50

     30,000        34,728  

Magellan Midstream Partners L.P.
5.15%, 10/15/43

     9,000        10,927  

4.20%, 10/3/47

     70,000        76,841  

Markel Corp.
5.00%, 4/5/46

     28,000        35,638  

Marriott International, Inc.
5.75%, 5/1/25, Series EE

     85,000        95,787  

Marsh & McLennan Cos., Inc.
3.88%, 3/15/24

     64,000        67,743  

2.25%, 11/15/30

     190,000        190,040  

McDonald’s Corp.
3.50%, 3/1/27

     27,000        29,269  

3.80%, 4/1/28

   29,000      31,907  

6.30%, 3/1/38

     32,000        45,733  

3.63%, 9/1/49

     14,000        15,549  

Merck & Co., Inc.
3.60%, 9/15/42

     16,000        18,074  

3.70%, 2/10/45

     126,000        145,057  

4.00%, 3/7/49

     23,000        28,087  

MetLife, Inc.
4.60%, 5/13/46

     96,000        123,102  

Micron Technology, Inc.
5.33%, 2/6/29

     128,000        151,158  

Microsoft Corp.
2.88%, 2/6/24

     37,000        38,507  

2.40%, 8/8/26

     35,000        36,657  

3.30%, 2/6/27

     66,000        71,894  

2.92%, 3/17/52

     82,000        87,116  

MidAmerican Energy Co.
3.65%, 8/1/48

     40,000        45,249  

Molson Coors Beverage Co.
3.00%, 7/15/26

     159,000        166,950  

Moody’s Corp.
2.63%, 1/15/23

     54,000        54,914  

2.55%, 8/18/60

     70,000        61,842  

Morgan Stanley
4.10%, 5/22/23

     34,000        35,428  

3.88%, 4/29/24, Series F

     33,000        35,024  

3.95%, 4/23/27

     244,000        268,466  

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)

     123,000        140,202  

7.25%, 4/1/32

     234,000        336,073  

6.38%, 7/24/42

     80,000        121,322  

4.30%, 1/27/45

     66,000        81,202  

5.60%, 3/24/51, (5.597% fixed rate until 3/24/50; Secured Overnight Financing Rate + 4.84% thereafter)(b)

     58,000        86,881  

Motorola Solutions, Inc.
4.60%, 5/23/29

     100,000        114,300  

National Fuel Gas Co.
3.75%, 3/1/23

     30,000        30,695  

Newmont Corp.
6.25%, 10/1/39

     28,000        39,259  

NextEra Energy Capital Holdings, Inc.
2.25%, 6/1/30

     55,000        54,894  

NIKE, Inc.
3.38%, 11/1/46

     39,000        43,526  

Norfolk Southern Corp.
3.95%, 10/1/42

     64,000        73,306  

4.15%, 2/28/48

     31,000        37,044  

3.16%, 5/15/55

     53,000        54,299  

5.10%, 8/1/2118

     12,000        16,068  

Northrop Grumman Corp.
4.03%, 10/15/47

     81,000        95,819  

5.25%, 5/1/50

     47,000        66,127  

NSTAR Electric Co.
3.20%, 5/15/27

     71,000        75,937  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Nucor Corp.
4.00%, 8/1/23

   $ 125,000      $ 130,380  

NVIDIA Corp.
3.20%, 9/16/26

     45,000        48,489  

3.50%, 4/1/40

     70,000        78,749  

NVR, Inc.
3.95%, 9/15/22

     18,000        18,264  

O’Reilly Automotive, Inc.
3.60%, 9/1/27

     56,000        60,848  

ONE Gas, Inc.
4.66%, 2/1/44

     4,000        4,964  

Oracle Corp.
2.65%, 7/15/26

     140,000        144,117  

2.88%, 3/25/31

     556,000        559,464  

4.30%, 7/8/34

     3,000        3,328  

3.85%, 7/15/36

     20,000        21,105  

5.38%, 7/15/40

     509,000        620,379  

3.85%, 4/1/60

     80,000        79,533  

Owens Corning
3.40%, 8/15/26

     79,000        83,704  

4.30%, 7/15/47

     7,000        8,055  

PacifiCorp
6.00%, 1/15/39

     99,000        135,937  

Parker-Hannifin Corp.
3.25%, 3/1/27

     67,000        71,790  

4.45%, 11/21/44

     11,000        13,291  

PayPal Holdings, Inc.
2.65%, 10/1/26

     136,000        143,141  

PepsiCo, Inc.
2.63%, 7/29/29

     10,000        10,525  

4.45%, 4/14/46

     55,000        72,413  

Pfizer, Inc.
4.10%, 9/15/38

     80,000        95,370  

2.70%, 5/28/50

     55,000        55,563  

Philip Morris International, Inc.
2.88%, 5/1/24

     5,000        5,201  

2.75%, 2/25/26

     40,000        41,714  

3.13%, 8/17/27

     20,000        21,354  

3.13%, 3/2/28

     100,000        106,058  

4.38%, 11/15/41

     50,000        57,170  

4.50%, 3/20/42

     40,000        46,411  

Phillips 66
3.70%, 4/6/23

     258,000        266,875  

2.15%, 12/15/30

     170,000        163,802  

5.88%, 5/1/42

     30,000        41,405  

Phillips 66 Partners L.P.
3.55%, 10/1/26

     167,000        178,172  

Pioneer Natural Resources Co.
4.45%, 1/15/26

     39,000        42,656  

Precision Castparts Corp.
3.90%, 1/15/43

     45,000        52,039  

Progress Energy, Inc.
7.75%, 3/1/31

     70,000        97,817  

6.00%, 12/1/39

     62,000        85,585  

Prologis L.P.
1.63%, 3/15/31

     126,000        120,300  

Prudential Financial, Inc.
2.10%, 3/10/30(a)

   100,000      100,521  

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)

     150,000        161,335  

4.50%, 9/15/47, (4.50% fixed rate until 9/15/27; 3-month U.S. dollar London Interbank Offered Rate + 2.38% thereafter)(b)

     99,000        103,681  

3.91%, 12/7/47

     22,000        25,615  

3.94%, 12/7/49

     26,000        30,497  

Public Service Electric & Gas Co.
3.60%, 12/1/47

     62,000        69,991  

QUALCOMM, Inc.
3.45%, 5/20/25

     225,000        239,746  

Quest Diagnostics, Inc.
2.95%, 6/30/30

     39,000        40,703  

Raytheon Technologies Corp.
4.15%, 5/15/45

     51,000        59,766  

4.63%, 11/16/48

     105,000        134,909  

Regency Centers L.P.
2.95%, 9/15/29

     115,000        119,384  

4.40%, 2/1/47

     70,000        83,222  

Reliance Steel & Aluminum Co.
4.50%, 4/15/23

     31,000        32,134  

Republic Services, Inc.
3.20%, 3/15/25

     3,000        3,147  

2.90%, 7/1/26(a)

     100,000        104,729  

Roper Technologies, Inc.
4.20%, 9/15/28

     78,000        87,699  

S&P Global, Inc.
2.30%, 8/15/60

     40,000        34,850  

salesforce.com, Inc.
1.50%, 7/15/28

     147,000        145,352  

Sempra Energy
6.00%, 10/15/39

     159,000        219,760  

Sherwin-Williams Co. (The)
3.45%, 8/1/25

     37,000        39,396  

4.50%, 6/1/47

     32,000        40,038  

3.80%, 8/15/49

     28,000        31,769  

Southern Co. (The)
3.25%, 7/1/26

     227,000        240,615  

4.25%, 7/1/36

     7,000        7,921  

4.40%, 7/1/46

     100,000        118,264  

Southern Power Co.
4.15%, 12/1/25

     7,000        7,630  

4.95%, 12/15/46, Series F

     100,000        122,778  

Southwest Airlines Co.
5.25%, 5/4/25

     97,000        107,819  

Stanley Black & Decker, Inc.
4.25%, 11/15/28

     57,000        64,914  

Starbucks Corp.
4.00%, 11/15/28

     50,000        56,007  

State Street Corp.
3.10%, 5/15/23

     21,000        21,666  

2.65%, 5/19/26

     50,000        52,739  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Steel Dynamics, Inc.
5.00%, 12/15/26

   $ 148,000      $ 152,169  

Stryker Corp.
4.63%, 3/15/46

     52,000        66,886  

Synchrony Financial
2.85%, 7/25/22

     12,000        12,123  

4.38%, 3/19/24

     33,000        34,874  

4.25%, 8/15/24

     161,000        170,684  

3.95%, 12/1/27

     40,000        43,036  

Sysco Corp.
3.25%, 7/15/27

     36,000        38,282  

5.95%, 4/1/30

     66,000        82,584  

Target Corp.
2.50%, 4/15/26

     37,000        38,835  

3.38%, 4/15/29

     56,000        61,657  

Textron, Inc.
4.30%, 3/1/24

     43,000        45,451  

Toyota Motor Credit Corp.
1.90%, 9/12/31

     100,000        97,785  

Travelers Cos., Inc. (The)
6.75%, 6/20/36

     79,000        117,283  

TWDC Enterprises 18 Corp.
3.00%, 2/13/26

     55,000        58,233  

7.00%, 3/1/32, Series B

     35,000        49,508  

Tyson Foods, Inc.
3.95%, 8/15/24

     18,000        19,187  

4.88%, 8/15/34

     62,000        75,703  

U.S. Bancorp
3.00%, 7/30/29

     126,000        133,090  

Union Pacific Corp.
3.75%, 3/15/24

     10,000        10,516  

4.00%, 4/15/47

     81,000        96,238  

3.84%, 3/20/60

     42,000        49,482  

2.97%, 9/16/62

     63,000        62,393  

United Parcel Service, Inc.
6.20%, 1/15/38

     6,000        8,668  

5.30%, 4/1/50

     83,000        123,118  

UnitedHealth Group, Inc.
2.75%, 2/15/23

     26,000        26,471  

2.88%, 3/15/23

     39,000        40,044  

3.75%, 7/15/25

     49,000        53,169  

3.38%, 4/15/27

     70,000        76,026  

4.63%, 7/15/35

     27,000        33,636  

3.50%, 8/15/39

     43,000        47,640  

4.25%, 4/15/47

     31,000        38,075  

4.25%, 6/15/48

     108,000        134,094  

Valero Energy Corp.
3.40%, 9/15/26

     264,000        282,213  

7.50%, 4/15/32

     70,000        96,582  

Ventas Realty L.P.
3.00%, 1/15/30

     114,000        118,484  

Verizon Communications, Inc.
4.33%, 9/21/28

     122,000        138,871  

4.02%, 12/3/29

     127,000        142,389  

2.36%, 3/15/32(c)

     99,000        97,718  

4.50%, 8/10/33

     82,000        96,658  

4.40%, 11/1/34

     49,000        57,140  

4.81%, 3/15/39

   156,000      196,047  

3.85%, 11/1/42

     9,000        10,057  

4.00%, 3/22/50

     42,000        48,365  

2.99%, 10/30/56

     20,000        18,994  

ViacomCBS, Inc.
3.70%, 8/15/24

     151,000        160,125  

4.00%, 1/15/26

     28,000        30,279  

2.90%, 1/15/27

     46,000        48,047  

3.38%, 2/15/28

     23,000        24,527  

7.88%, 7/30/30

     118,000        164,047  

6.88%, 4/30/36

     173,000        248,559  

4.60%, 1/15/45

     11,000        13,243  

Virginia Electric & Power Co.
3.80%, 4/1/28, Series A

     50,000        54,847  

8.88%, 11/15/38

     118,000        208,488  

Visa, Inc.
2.70%, 4/15/40

     70,000        71,603  

2.00%, 8/15/50

     75,000        66,142  

Walgreens Boots Alliance, Inc.
4.10%, 4/15/50

     64,000        71,901  

Walmart, Inc.
1.80%, 9/22/31

     200,000        198,216  

2.65%, 9/22/51

     100,000        102,477  

Walt Disney Co. (The)
2.00%, 9/1/29

     6,000        5,975  

3.50%, 5/13/40

     105,000        115,237  

5.40%, 10/1/43

     35,000        48,439  

2.75%, 9/1/49

     50,000        48,549  

3.60%, 1/13/51

     54,000        61,187  

Waste Management, Inc.
2.90%, 9/15/22

     33,000        33,386  

Wells Fargo & Co.
4.13%, 8/15/23

     255,000        267,564  

1.65%, 6/2/24, (1.654% fixed rate until 6/2/23; Secured Overnight Financing Rate + 1.60% thereafter)(b)

     367,000        370,105  

3.00%, 2/19/25

     39,000        40,773  

3.55%, 9/29/25

     84,000        89,780  

4.30%, 7/22/27

     45,000        50,352  

2.39%, 6/2/28, (2.393% fixed rate until 6/2/27; Secured Overnight Financing Rate + 2.10% thereafter)(b)

     176,000        179,085  

3.07%, 4/30/41, (3.068% fixed rate until 4/30/40; Secured Overnight Financing Rate + 2.53% thereafter)(b)

     47,000        48,171  

5.38%, 11/2/43

     64,000        84,269  

5.61%, 1/15/44

     107,000        144,735  

4.75%, 12/7/46

     107,000        133,339  

5.01%, 4/4/51, (5.013% fixed rate until 4/4/50; Secured Overnight Financing Rate + 4.502% thereafter)(b)

     107,000        146,559  

Western Union Co. (The)
2.85%, 1/10/25

     105,000        108,798  

WestRock RKT LLC
4.00%, 3/1/23

     35,000        35,961  

Weyerhaeuser Co.
7.38%, 3/15/32

     107,000        150,569  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Corporate Bond Fund (WFIG)

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Whirlpool Corp.
4.75%, 2/26/29

   $ 125,000      $ 144,419  

Wisconsin Power and Light Co.
3.00%, 7/1/29

     62,000        65,352  

WRKCo, Inc.
3.38%, 9/15/27

     42,000        44,701  

4.90%, 3/15/29

     37,000        43,088  

WW Grainger, Inc.
4.60%, 6/15/45(a)

     110,000        141,239  

Wyeth LLC
6.50%, 2/1/34

     187,000        267,092  

Xcel Energy, Inc.
3.30%, 6/1/25

     117,000        122,974  

Xylem, Inc.
4.38%, 11/1/46

     36,000        43,311  

Zoetis, Inc.
3.00%, 9/12/27

     38,000        40,218  

3.90%, 8/20/28

     45,000        50,091  

4.45%, 8/20/48

     42,000        53,814  

TOTAL U.S. CORPORATE BONDS

(Cost: $46,135,235)

              45,980,325  
FOREIGN CORPORATE BONDS – 2.8%      
Canada – 0.2%

 

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

     63,000        86,031  
Germany – 0.4%

 

Deutsche Bank AG

3.96%, 11/26/25, (3.961% fixed rate until
11/26/24; Secured Overnight Financing Rate + 2.581% thereafter)(b)

     215,000        227,588  
Switzerland – 0.1%

 

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

     33,000        34,992  
United Kingdom – 2.1%

 

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

     250,000        275,550  

4.54%, 8/15/47

     22,000        23,028  

4.76%, 9/6/49

   54,000      57,909  

Diageo Investment Corp.
4.25%, 5/11/42

     25,000        30,617  

GlaxoSmithKline Capital, Inc.
2.80%, 3/18/23

     10,000        10,251  

3.88%, 5/15/28

     12,000        13,421  

6.38%, 5/15/38

     90,000        132,791  

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

     17,000        18,867  

Reynolds American, Inc.
4.45%, 6/12/25

     90,000        97,215  

5.70%, 8/15/35

     169,000        200,993  

5.85%, 8/15/45

     119,000        144,929  
     

 

 

 
Total United Kingdom               1,005,571  

TOTAL FOREIGN CORPORATE BONDS

(Cost: $1,354,472)

              1,354,182  
      Shares          
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.6%

 

United States – 2.6%      

State Street Navigator Securities Lending
Government Money Market Portfolio, 0.03%(d)

     
(Cost: $1,281,320)      1,281,320        1,281,320  

TOTAL INVESTMENTS IN SECURITIES – 100.3%

(Cost: $48,771,027)

        48,615,827  

Other Assets less Liabilities – (0.3)%

        (143,737
     

 

 

 
NET ASSETS – 100.0%             $ 48,472,090  
(a) 

Security, or portion thereof, was on loan at December 31, 2021 (See Note 2). At December 31, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,972,993 and the total market value of the collateral held by the Fund was $2,035,820. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $754,500.

 

(b) 

Rate shown reflects the accrual rate as of December 31, 2021 on securities with variable or step rates.

 

(c) 

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.

 

(d) 

Rate shown represents annualized 7-day yield as of December 31, 2021.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

  

U.S. Corporate Bonds

   $      $ 45,980,325      $      $ 45,980,325  

Foreign Corporate Bonds

            1,354,182               1,354,182  

Investment of Cash Collateral for Securities Loaned

            1,281,320               1,281,320  

Total Investments in Securities

   $      $ 48,615,827      $      $ 48,615,827  

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  
U.S. CORPORATE BONDS – 97.1%

 

United States – 97.1%

 

ACCO Brands Corp.
4.25%, 3/15/29(a)

   $ 299,000      $ 297,499  

AdaptHealth LLC
4.63%, 8/1/29(a)

     269,000        270,176  

ADT Security Corp. (The)
4.88%, 7/15/32(a)

     775,000        792,437  

Adtalem Global Education, Inc.
5.50%, 3/1/28(a)

     410,000        401,542  

AECOM
5.13%, 3/15/27

     269,000        293,409  

Albertsons Cos., Inc.
3.50%, 3/15/29(a)

     800,000        801,816  

Allison Transmission, Inc.
5.88%, 6/1/29(a)(b)

     570,000        622,520  

AMC Networks, Inc.
4.75%, 8/1/25

     277,000        283,748  

American Axle & Manufacturing, Inc.
5.00%, 10/1/29(b)

     280,000        275,492  

American Finance Trust, Inc.
4.50%, 9/30/28(a)

     160,000        161,395  

AmeriGas Partners L.P.
5.50%, 5/20/25

     200,000        214,878  

5.75%, 5/20/27

     278,000        308,630  

Amkor Technology, Inc.
6.63%, 9/15/27(a)

     212,000        224,470  

Antero Midstream Partners L.P.
5.75%, 1/15/28(a)

     750,000        787,635  

Antero Resources Corp.
7.63%, 2/1/29(a)

     546,000        609,145  

Apache Corp.
5.10%, 9/1/40

     580,000        656,096  

Apollo Commercial Real Estate Finance, Inc.
4.63%, 6/15/29(a)

     130,000        126,987  

APX Group, Inc.
6.75%, 2/15/27(a)

     382,000        405,119  

5.75%, 7/15/29(a)

     250,000        248,057  

Aramark Services, Inc.
6.38%, 5/1/25(a)

     431,000        451,016  

5.00%, 2/1/28(a)

     468,000        485,601  

Archrock Partners L.P.
6.88%, 4/1/27(a)

     386,000        406,589  

6.25%, 4/1/28(a)

     139,000        145,105  

Asbury Automotive Group, Inc.
5.00%, 2/15/32(a)

     620,000        642,196  

ASGN, Inc.
4.63%, 5/15/28(a)

     147,000        152,726  

Audacy Capital Corp.
6.75%, 3/31/29(a)(b)

     336,000        328,658  

Avantor Funding, Inc.
4.63%, 7/15/28(a)

     300,000        316,431  

Avient Corp.
5.75%, 5/15/25(a)

     135,000        140,963  

Axalta Coating Systems LLC
3.38%, 2/15/29(a)

     354,000        343,784  

B&G Foods, Inc.
5.25%, 4/1/25

   253,000      258,763  

5.25%, 9/15/27

     227,000        234,999  

Ball Corp.
4.00%, 11/15/23

     124,000        129,969  

5.25%, 7/1/25

     347,000        383,064  

2.88%, 8/15/30

     70,000        68,285  

Bath & Body Works, Inc.
5.25%, 2/1/28

     336,000        371,263  

6.63%, 10/1/30(a)

     200,000        227,608  

6.88%, 11/1/35

     922,000        1,150,518  

6.75%, 7/1/36

     122,000        150,522  

Bausch Health Americas, Inc.
9.25%, 4/1/26(a)

     879,000        937,594  

Berry Global, Inc.
4.50%, 2/15/26(a)(b)

     232,000        235,881  

5.63%, 7/15/27(a)

     9,000        9,421  

Black Knight InfoServ LLC
3.63%, 9/1/28(a)

     124,000        124,234  

Block, Inc.
3.50%, 6/1/31(a)

     240,000        247,870  

Booz Allen Hamilton, Inc.
3.88%, 9/1/28(a)

     254,000        259,580  

Boyd Gaming Corp.
8.63%, 6/1/25(a)

     154,000        165,019  

4.75%, 12/1/27

     300,000        309,105  

4.75%, 6/15/31(a)

     70,000        71,819  

Brink’s Co. (The)
4.63%, 10/15/27(a)

     50,000        51,920  

Brookfield Property REIT, Inc.
5.75%, 5/15/26(a)

     383,000        398,067  

Builders FirstSource, Inc.
5.00%, 3/1/30(a)

     243,000        261,001  

4.25%, 2/1/32(a)

     120,000        124,949  

Cable One, Inc.
4.00%, 11/15/30(a)

     140,000        138,240  

Caesars Entertainment, Inc.
6.25%, 7/1/25(a)

     500,000        525,505  

4.63%, 10/15/29(a)

     200,000        201,466  

Catalent Pharma Solutions, Inc.
3.13%, 2/15/29(a)

     250,000        247,025  

CCO Holdings LLC
5.13%, 5/1/27(a)

     134,000        138,849  

5.00%, 2/1/28(a)

     200,000        207,766  

5.38%, 6/1/29(a)

     192,000        207,523  

4.75%, 3/1/30(a)

     460,000        481,280  

4.50%, 8/15/30(a)

     820,000        843,378  

4.25%, 2/1/31(a)

     10,000        10,118  

4.50%, 5/1/32

     113,000        116,632  

CDK Global, Inc.
4.88%, 6/1/27

     276,000        287,415  

CDW LLC
4.25%, 4/1/28

     285,000        295,465  

Cedar Fair L.P.
5.50%, 5/1/25(a)

     512,000        533,181  

Centene Corp.
3.00%, 10/15/30

     1,040,000        1,059,406  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Central Garden & Pet Co.
4.13%, 10/15/30

   $ 100,000      $ 101,167  

CF Industries, Inc.
5.15%, 3/15/34

     450,000        545,917  

5.38%, 3/15/44

     80,000        101,234  

Charles River Laboratories International, Inc.
4.25%, 5/1/28(a)

     410,000        428,032  

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

     1,743,000        1,692,070  

Chemours Co. (The)
5.38%, 5/15/27(b)

     426,000        458,231  

4.63%, 11/15/29(a)

     390,000        387,403  

Churchill Downs, Inc.
5.50%, 4/1/27(a)

     354,000        368,004  

Cinemark USA, Inc.
5.25%, 7/15/28(a)(b)

     100,000        97,612  

Clarivate Science Holdings Corp.
4.88%, 7/1/29(a)

     80,000        81,381  

Clean Harbors, Inc.
4.88%, 7/15/27(a)

     167,000        172,935  

Clear Channel Outdoor Holdings, Inc.
7.75%, 4/15/28(a)

     920,000        990,693  

Clearway Energy Operating LLC
4.75%, 3/15/28(a)

     50,000        52,785  

3.75%, 2/15/31(a)

     206,000        206,381  

Cleveland-Cliffs, Inc.
4.88%, 3/1/31(a)

     510,000        532,032  

CNX Resources Corp.
7.25%, 3/14/27(a)

     470,000        499,671  

CommScope Technologies LLC
6.00%, 6/15/25(a)

     773,000        776,370  

5.00%, 3/15/27(a)(b)

     835,000        788,657  

CommScope, Inc.
6.00%, 3/1/26(a)

     320,000        331,792  

8.25%, 3/1/27(a)

     491,000        505,725  

7.13%, 7/1/28(a)

     850,000        843,123  

Community Health Systems, Inc.
6.63%, 2/15/25(a)

     1,012,000        1,049,758  

8.00%, 3/15/26(a)

     408,000        429,449  

8.00%, 12/15/27(a)

     395,000        428,769  

6.88%, 4/15/29(a)

     511,000        523,877  

4.75%, 2/15/31(a)

     1,290,000        1,307,260  

Compass Minerals International, Inc.
6.75%, 12/1/27(a)

     329,000        349,306  

Comstock Resources, Inc.
5.88%, 1/15/30(a)

     820,000        843,272  

Conduent Business Services LLC
6.00%, 11/1/29(a)

     300,000        295,797  

Consolidated Communications, Inc.
6.50%, 10/1/28(a)

     400,000        425,856  

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

     330,000        357,357  

Cornerstone Building Brands, Inc.
6.13%, 1/15/29(a)(b)

     272,000        290,760  

Coty, Inc.
6.50%, 4/15/26(a)(b)

     286,000        295,698  

CQP Holdco L.P.
5.50%, 6/15/31(a)

   440,000      460,249  

Crestwood Midstream Partners L.P.
5.75%, 4/1/25

     596,000        610,578  

Crown Americas LLC
4.75%, 2/1/26

     50,000        51,434  

CSC Holdings LLC
5.50%, 4/15/27(a)

     200,000        207,018  

5.38%, 2/1/28(a)

     1,128,000        1,167,830  

7.50%, 4/1/28(a)

     350,000        376,292  

6.50%, 2/1/29(a)

     300,000        322,473  

5.75%, 1/15/30(a)

     500,000        500,435  

4.63%, 12/1/30(a)

     832,000        789,452  

Curo Group Holdings Corp.
7.50%, 8/1/28(a)

     170,000        171,190  

CVR Partners L.P.
9.25%, 6/15/23(a)

     53,000        53,223  

CyrusOne L.P.
3.45%, 11/15/29

     310,000        336,756  

DaVita, Inc.
4.63%, 6/1/30(a)

     1,305,000        1,342,427  

3.75%, 2/15/31(a)

     372,000        363,076  

Del Monte Foods, Inc.
11.88%, 5/15/25(a)

     133,000        148,872  

Delta Air Lines, Inc.
3.63%, 3/15/22

     93,000        93,248  

3.80%, 4/19/23

     200,000        204,558  

3.75%, 10/28/29

     143,000        146,807  

Deluxe Corp.
8.00%, 6/1/29(a)

     90,000        94,294  

Diamond Sports Group LLC
5.38%, 8/15/26(a)

     1,185,000        592,571  

6.63%, 8/15/27(a)

     1,454,000        408,632  

DISH DBS Corp.
5.88%, 7/15/22

     4,000        4,074  

5.00%, 3/15/23

     476,000        488,614  

5.88%, 11/15/24

     433,000        444,959  

7.75%, 7/1/26

     1,539,000        1,630,232  

5.13%, 6/1/29

     1,133,000        1,032,412  

Diversified Healthcare Trust
4.75%, 2/15/28

     317,000        312,790  

4.38%, 3/1/31

     596,000        573,435  

Dycom Industries, Inc.
4.50%, 4/15/29(a)

     190,000        194,108  

Edgewell Personal Care Co.
4.13%, 4/1/29(a)

     110,000        111,184  

Element Solutions, Inc.
3.88%, 9/1/28(a)

     301,000        305,334  

Encompass Health Corp.
4.50%, 2/1/28

     547,000        564,416  

Energizer Holdings, Inc.
4.75%, 6/15/28(a)

     441,000        450,376  

4.38%, 3/31/29(a)

     231,000        225,983  

EnLink Midstream LLC
5.63%, 1/15/28(a)

     240,000        251,042  

EnLink Midstream Partners L.P.
5.45%, 6/1/47

     290,000        292,978  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

EQM Midstream Partners L.P.
6.00%, 7/1/25(a)

   $ 284,000      $ 309,557  

5.50%, 7/15/28

     1,097,000        1,199,679  

4.75%, 1/15/31(a)

     476,000        504,650  

6.50%, 7/15/48

     75,000        91,204  

Fluor Corp.
4.25%, 9/15/28(b)

     267,000        280,241  

Ford Motor Co.
4.35%, 12/8/26

     385,000        420,058  

9.63%, 4/22/30

     223,000        326,641  

4.75%, 1/15/43

     301,000        333,475  

5.29%, 12/8/46

     1,518,000        1,784,788  

Ford Motor Credit Co. LLC
3.34%, 3/28/22

     50,000        50,190  

3.35%, 11/1/22

     200,000        202,916  

4.14%, 2/15/23

     7,000        7,202  

4.54%, 8/1/26

     150,000        163,072  

Freeport-McMoRan, Inc.
3.88%, 3/15/23

     300,000        310,734  

5.25%, 9/1/29

     475,000        520,457  

5.40%, 11/14/34

     134,000        163,292  

5.45%, 3/15/43

     204,000        256,734  

Gap, Inc. (The)
3.88%, 10/1/31(a)

     370,000        366,367  

Gartner, Inc.
3.75%, 10/1/30(a)

     287,000        292,599  

Gates Global LLC
6.25%, 1/15/26(a)

     326,000        337,231  

Genesis Energy L.P.
7.75%, 2/1/28

     1,114,000        1,134,219  

GLP Capital L.P.
5.38%, 4/15/26

     150,000        167,845  

4.00%, 1/15/31

     322,000        344,601  

Go Daddy Operating Co. LLC
3.50%, 3/1/29(a)

     350,000        347,732  

Goodyear Tire & Rubber Co. (The)
5.00%, 5/31/26

     400,000        412,888  

4.88%, 3/15/27(b)

     50,000        53,164  

5.25%, 7/15/31(a)

     1,032,000        1,121,990  

GrafTech Finance, Inc.
4.63%, 12/15/28(a)

     170,000        172,785  

Gray Escrow II, Inc.
5.38%, 11/15/31(a)

     970,000        999,847  

Gray Television, Inc.
5.88%, 7/15/26(a)

     518,000        536,109  

7.00%, 5/15/27(a)

     290,000        310,297  

Greif, Inc.
6.50%, 3/1/27(a)

     300,000        311,901  

Griffon Corp.
5.75%, 3/1/28

     414,000        431,061  

Group 1 Automotive, Inc.
4.00%, 8/15/28(a)

     203,000        203,201  

Hanesbrands, Inc.
4.88%, 5/15/26(a)

     428,000        459,107  

HCA, Inc.
5.38%, 2/1/25

     94,000        103,378  

5.88%, 2/1/29

     250,000        298,665  

3.50%, 9/1/30

     600,000        634,326  

Hilton Domestic Operating Co., Inc.
5.38%, 5/1/25(a)

   364,000      378,997  

5.75%, 5/1/28(a)

     339,000        362,618  

Hilton Grand Vacations Borrower Escrow LLC
4.88%, 7/1/31(a)

     490,000        492,754  

Hilton Worldwide Finance LLC
4.88%, 4/1/27

     535,000        552,992  

HLF Financing Sarl LLC
4.88%, 6/1/29(a)

     289,000        283,075  

Holly Energy Partners L.P.
5.00%, 2/1/28(a)

     147,000        147,866  

Hologic, Inc.
3.25%, 2/15/29(a)

     258,000        259,749  

Horizon Therapeutics USA, Inc.
5.50%, 8/1/27(a)

     250,000        263,075  

Hughes Satellite Systems Corp.
5.25%, 8/1/26

     154,000        169,271  

6.63%, 8/1/26

     397,000        444,811  

Huntsman International LLC
4.50%, 5/1/29

     310,000        344,878  

iHeartCommunications, Inc.
8.38%, 5/1/27

     1,100,000        1,161,534  

4.75%, 1/15/28(a)

     241,000        244,854  

Ingevity Corp.
3.88%, 11/1/28(a)

     217,000        212,332  

IQVIA, Inc.
5.00%, 5/15/27(a)

     200,000        207,356  

Iron Mountain, Inc.
4.88%, 9/15/27(a)

     229,000        237,826  

5.25%, 3/15/28(a)

     478,000        500,198  

4.88%, 9/15/29(a)

     300,000        310,980  

5.63%, 7/15/32(a)

     1,028,000        1,102,304  

iStar, Inc.
4.25%, 8/1/25

     160,000        164,952  

Kaiser Aluminum Corp.
4.50%, 6/1/31(a)

     540,000        532,964  

KAR Auction Services, Inc.
5.13%, 6/1/25(a)

     350,000        355,208  

Kennedy-Wilson, Inc.
5.00%, 3/1/31

     425,000        443,169  

KFC Holding Co.
4.75%, 6/1/27(a)

     193,000        201,135  

Koppers, Inc.
6.00%, 2/15/25(a)

     240,000        244,181  

Kraft Heinz Foods Co.
5.20%, 7/15/45

     250,000        318,927  

4.38%, 6/1/46

     910,000        1,069,032  

Ladder Capital Finance Holdings LLLP
4.25%, 2/1/27(a)

     320,000        322,317  

Lamar Media Corp.
4.00%, 2/15/30

     244,000        247,443  

3.63%, 1/15/31

     50,000        48,840  

Lamb Weston Holdings, Inc.
4.88%, 5/15/28(a)

     9,000        9,766  

4.38%, 1/31/32(a)

     570,000        588,514  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Level 3 Financing, Inc.
5.38%, 5/1/25

   $ 350,000      $ 357,525  

4.25%, 7/1/28(a)

     385,000        384,692  

3.63%, 1/15/29(a)

     842,000        807,503  

Lions Gate Capital Holdings LLC
5.50%, 4/15/29(a)

     382,000        391,168  

Lithia Motors, Inc.
4.38%, 1/15/31(a)

     68,000        72,782  

Live Nation Entertainment, Inc.
3.75%, 1/15/28(a)

     500,000        498,380  

LPL Holdings, Inc.
4.00%, 3/15/29(a)

     204,000        209,694  

Lumen Technologies, Inc.
5.80%, 3/15/22, Series T

     330,000        333,340  

6.75%, 12/1/23, Series W

     514,000        556,071  

7.50%, 4/1/24, Series Y

     177,000        194,204  

5.63%, 4/1/25

     350,000        370,993  

5.13%, 12/15/26(a)

     811,000        844,916  

Macy’s Retail Holdings LLC
5.88%, 4/1/29(a)(b)

     270,000        288,414  

Marriott Ownership Resorts, Inc.
6.13%, 9/15/25(a)

     288,000        300,534  

Masonite International Corp.
5.38%, 2/1/28(a)

     152,000        160,120  

Match Group Holdings II LLC
3.63%, 10/1/31(a)

     190,000        185,275  

Mattel, Inc.
5.88%, 12/15/27(a)

     220,000        236,925  

Maxar Space Robotics LLC
9.75%, 12/31/23(a)

     371,000        400,431  

MEDNAX, Inc.
6.25%, 1/15/27(a)

     361,000        379,072  

MGM Growth Properties Operating Partnership L.P.
5.63%, 5/1/24

     500,000        535,650  

4.50%, 9/1/26

     553,000        593,574  

MGM Resorts International
6.75%, 5/1/25

     485,000        509,599  

4.63%, 9/1/26

     76,000        79,498  

5.50%, 4/15/27

     731,000        786,234  

4.75%, 10/15/28

     77,000        79,970  

Michaels Cos., Inc. (The)
7.88%, 5/1/29(a)

     999,000        986,013  

Midwest Gaming Borrower LLC
4.88%, 5/1/29(a)

     270,000        274,412  

Molina Healthcare, Inc.
3.88%, 11/15/30(a)

     400,000        416,024  

3.88%, 5/15/32(a)

     350,000        355,012  

MPH Acquisition Holdings LLC
5.75%, 11/1/28(a)

     1,379,000        1,312,243  

MPT Operating Partnership L.P.
5.25%, 8/1/26

     212,000        218,513  

5.00%, 10/15/27

     168,000        176,245  

4.63%, 8/1/29

     155,000        163,737  

MSCI, Inc.
4.00%, 11/15/29(a)

     344,000        360,495  

Murphy Oil USA, Inc.
4.75%, 9/15/29

   92,000      97,097  

3.75%, 2/15/31(a)

     120,000        119,519  

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

     1,265,000        1,319,041  

Navient Corp.
5.50%, 1/25/23

     386,000        402,529  

6.13%, 3/25/24

     540,000        577,276  

6.75%, 6/25/25

     100,000        110,687  

6.75%, 6/15/26

     250,000        276,520  

5.00%, 3/15/27

     47,000        47,948  

4.88%, 3/15/28

     280,000        280,784  

NCR Corp.
5.00%, 10/1/28(a)

     707,000        731,010  

5.13%, 4/15/29(a)

     410,000        424,547  

Newell Brands, Inc.
4.35%, 4/1/23

     15,000        15,496  

4.70%, 4/1/26

     209,000        228,115  

6.00%, 4/1/46

     190,000        243,954  

Newmark Group, Inc.
6.13%, 11/15/23

     85,000        91,386  

News Corp.
3.88%, 5/15/29(a)

     300,000        303,936  

Nexstar Media, Inc.
5.63%, 7/15/27(a)

     600,000        632,634  

4.75%, 11/1/28(a)

     340,000        348,160  

NextEra Energy Operating Partners L.P.

     

4.25%, 7/15/24(a)

     57,000        59,445  

4.25%, 9/15/24(a)

     7,000        7,302  

3.88%, 10/15/26(a)

     233,000        247,597  

Nielsen Finance LLC
5.88%, 10/1/30(a)

     680,000        718,964  

4.75%, 7/15/31(a)

     520,000        516,901  

Nordstrom, Inc.
5.00%, 1/15/44(b)

     595,000        555,766  

NortonLifeLock, Inc.
5.00%, 4/15/25(a)

     247,000        249,295  

NRG Energy, Inc.
5.75%, 1/15/28

     524,000        555,016  

5.25%, 6/15/29(a)

     631,000        676,224  

3.88%, 2/15/32(a)

     900,000        886,581  

NuStar Logistics L.P.
5.63%, 4/28/27

     473,000        502,184  

6.38%, 10/1/30

     310,000        346,608  

Occidental Petroleum Corp.
2.90%, 8/15/24

     550,000        562,083  

3.40%, 4/15/26

     271,000        278,041  

3.50%, 8/15/29

     300,000        308,238  

6.63%, 9/1/30

     300,000        372,378  

7.50%, 5/1/31

     250,000        329,127  

6.45%, 9/15/36

     213,000        271,888  

4.50%, 7/15/44

     700,000        721,707  

4.40%, 4/15/46

     250,000        258,375  

4.40%, 8/15/49

     500,000        509,680  

Olin Corp.
5.13%, 9/15/27

     479,000        494,247  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

ON Semiconductor Corp.
3.88%, 9/1/28(a)

   $ 210,000      $ 216,233  

OneMain Finance Corp.
5.63%, 3/15/23

     411,000        429,922  

6.13%, 3/15/24

     338,000        358,726  

6.88%, 3/15/25

     615,000        686,346  

8.88%, 6/1/25

     314,000        337,459  

7.13%, 3/15/26

     61,000        69,935  

5.38%, 11/15/29

     465,000        506,325  

4.00%, 9/15/30(b)

     533,000        524,552  

Outfront Media Capital LLC
4.63%, 3/15/30(a)

     622,000        623,312  

Owens & Minor, Inc.
4.50%, 3/31/29(a)(b)

     257,000        264,887  

Owens-Brockway Glass Container, Inc.
5.88%, 8/15/23(a)

     641,000        672,903  

Pactiv Evergreen Group Issuer LLC
4.38%, 10/15/28(a)

     280,000        279,115  

Par Pharmaceutical, Inc.
7.50%, 4/1/27(a)

     1,034,000        1,057,679  

Park Intermediate Holdings LLC
5.88%, 10/1/28(a)

     500,000        524,030  

Party City Holdings, Inc.
8.75%, 2/15/26(a)

     471,000        486,647  

Patterson-UTI Energy, Inc.
3.95%, 2/1/28

     147,000        147,778  

PBF Holding Co. LLC
9.25%, 5/15/25(a)

     489,000        467,582  

7.25%, 6/15/25

     579,000        413,279  

6.00%, 2/15/28

     458,000        296,340  

PBF Logistics L.P.
6.88%, 5/15/23(b)

     383,000        373,927  

Performance Food Group, Inc.
4.25%, 8/1/29(a)

     150,000        148,990  

Pilgrim’s Pride Corp.
5.88%, 9/30/27(a)

     223,000        235,637  

4.25%, 4/15/31(a)

     170,000        179,154  

Plains All American Pipeline L.P.
4.70%, 6/15/44

     310,000        331,505  

4.90%, 2/15/45

     490,000        537,001  

Plantronics, Inc.
4.75%, 3/1/29(a)(b)

     273,000        260,619  

Post Holdings, Inc.
5.75%, 3/1/27(a)

     507,000        524,882  

5.63%, 1/15/28(a)

     246,000        260,942  

5.50%, 12/15/29(a)

     189,000        198,828  

4.63%, 4/15/30(a)

     738,000        750,930  

4.50%, 9/15/31(a)

     929,000        925,163  

Premier Entertainment Sub LLC
5.88%, 9/1/31(a)

     680,000        683,516  

Prestige Brands, Inc.
3.75%, 4/1/31(a)

     269,000        261,118  

Prime Security Services Borrower LLC
5.25%, 4/15/24(a)

     300,000        319,515  

5.75%, 4/15/26(a)

     615,000        661,531  

6.25%, 1/15/28(a)

     709,000        741,415  

PROG Holdings, Inc.
6.00%, 11/15/29(a)

   260,000      268,018  

QVC, Inc.
4.38%, 3/15/23

     15,000        15,502  

4.45%, 2/15/25

     100,000        106,211  

4.75%, 2/15/27

     322,000        331,174  

Rackspace Technology Global, Inc.
3.50%, 2/15/28(a)

     489,000        467,176  

Radian Group, Inc.
6.63%, 3/15/25

     146,000        161,986  

Realogy Group LLC
7.63%, 6/15/25(a)

     748,000        796,403  

Renewable Energy Group, Inc.
5.88%, 6/1/28(a)

     261,000        268,780  

RHP Hotel Properties L.P.
4.75%, 10/15/27

     204,000        209,714  

4.50%, 2/15/29(a)

     299,000        301,969  

Rite Aid Corp.
8.00%, 11/15/26(a)

     510,000        522,857  

RLJ Lodging Trust L.P.
4.00%, 9/15/29(a)

     90,000        89,296  

Sabra Health Care L.P.
3.20%, 12/1/31

     760,000        743,394  

Sabre GLBL, Inc.
9.25%, 4/15/25(a)

     574,000        650,216  

Sally Holdings LLC
5.63%, 12/1/25

     151,000        154,645  

Scientific Games International, Inc.
5.00%, 10/15/25(a)

     560,000        576,677  

8.25%, 3/15/26(a)

     359,000        378,813  

7.00%, 5/15/28(a)

     250,000        268,160  

7.25%, 11/15/29(a)

     200,000        224,638  

Scotts Miracle-Gro Co. (The)
4.00%, 4/1/31(a)

     193,000        191,056  

Scripps Escrow II, Inc.
5.38%, 1/15/31(a)

     662,000        676,518  

Select Medical Corp.
6.25%, 8/15/26(a)

     302,000        320,081  

Sensata Technologies, Inc.
3.75%, 2/15/31(a)

     283,000        282,697  

Service Corp. International
4.63%, 12/15/27

     205,000        214,979  

5.13%, 6/1/29

     37,000        39,968  

3.38%, 8/15/30

     327,000        321,686  

Service Properties Trust
4.35%, 10/1/24

     750,000        735,817  

Silgan Holdings, Inc.
4.13%, 2/1/28

     102,000        104,733  

Sinclair Television Group, Inc.
5.50%, 3/1/30(a)

     439,000        428,047  

4.13%, 12/1/30(a)

     200,000        190,010  

Sirius XM Radio, Inc.
5.50%, 7/1/29(a)

     462,000        499,330  

4.13%, 7/1/30(a)

     810,000        814,423  

3.88%, 9/1/31(a)

     1,010,000        993,598  

Six Flags Entertainment Corp.
4.88%, 7/31/24(a)

     624,000        631,950  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

5.50%, 4/15/27(a)

   $ 124,000      $ 128,741  

Six Flags Theme Parks, Inc.
7.00%, 7/1/25(a)

     74,000        79,154  

Skyworks Solutions, Inc.
3.00%, 6/1/31

     520,000        524,009  

Sonic Automotive, Inc.
4.88%, 11/15/31(a)

     570,000        575,962  

Spectrum Brands, Inc.
5.75%, 7/15/25

     100,000        102,440  

3.88%, 3/15/31(a)

     203,000        201,429  

Spirit AeroSystems, Inc.
5.50%, 1/15/25(a)

     238,000        247,829  

7.50%, 4/15/25(a)

     450,000        474,610  

4.60%, 6/15/28(b)

     584,000        586,587  

Sprint Corp.
7.88%, 9/15/23

     100,000        110,403  

7.13%, 6/15/24

     300,000        337,197  

7.63%, 2/15/25

     200,000        230,770  

7.63%, 3/1/26

     100,000        120,111  

SS&C Technologies, Inc.
5.50%, 9/30/27(a)

     425,000        446,033  

Station Casinos LLC
4.50%, 2/15/28(a)

     200,000        201,936  

4.63%, 12/1/31(a)

     350,000        353,048  

Summit Midstream Holdings LLC
8.50%, 10/15/26(a)

     550,000        572,269  

SunCoke Energy, Inc.
4.88%, 6/30/29(a)

     20,000        19,964  

Sunoco L.P.
4.50%, 4/30/30(a)

     180,000        184,711  

Surgery Center Holdings, Inc.
10.00%, 4/15/27(a)(b)

     200,000        213,100  

Syneos Health, Inc.
3.63%, 1/15/29(a)

     150,000        148,422  

T-Mobile USA, Inc.
5.38%, 4/15/27

     175,000        182,401  

4.75%, 2/1/28

     413,000        435,430  

2.88%, 2/15/31

     415,000        410,302  

Taylor Morrison Communities, Inc.
5.13%, 8/1/30(a)

     230,000        255,160  

TEGNA, Inc.
4.63%, 3/15/28

     381,000        386,498  

5.00%, 9/15/29

     530,000        544,904  

Teleflex, Inc.
4.63%, 11/15/27

     238,000        248,301  

Tempur Sealy International, Inc.
4.00%, 4/15/29(a)

     120,000        122,660  

3.88%, 10/15/31(a)

     450,000        451,665  

Tenet Healthcare Corp.
6.75%, 6/15/23

     696,000        746,349  

4.63%, 7/15/24

     51,000        51,873  

4.63%, 9/1/24(a)

     514,000        526,824  

4.88%, 1/1/26(a)

     515,000        529,724  

6.25%, 2/1/27(a)

     415,000        430,218  

6.13%, 10/1/28(a)

     1,150,000        1,216,803  

Tenneco, Inc.
5.00%, 7/15/26(b)

     247,000        239,163  

Terex Corp.
5.00%, 5/15/29(a)

   291,000      300,236  

TerraForm Power Operating LLC
4.25%, 1/31/23(a)

     560,000        574,330  

5.00%, 1/31/28(a)

     417,000        444,026  

Time Warner Cable LLC
4.50%, 9/15/42

     121,000        131,940  

TopBuild Corp.
4.13%, 2/15/32(a)

     190,000        195,675  

Townsquare Media, Inc.
6.88%, 2/1/26(a)

     375,000        399,540  

TransDigm, Inc.
6.25%, 3/15/26(a)

     786,000        817,487  

6.38%, 6/15/26

     519,000        533,771  

5.50%, 11/15/27

     482,000        497,058  

4.88%, 5/1/29

     1,288,000        1,294,839  

Transocean, Inc.
11.50%, 1/30/27(a)

     738,000        724,908  

8.00%, 2/1/27(a)

     263,000        193,810  

Travel & Leisure Co.
6.63%, 7/31/26(a)

     230,000        255,397  

TreeHouse Foods, Inc.
4.00%, 9/1/28

     227,000        218,469  

TriNet Group, Inc.
3.50%, 3/1/29(a)

     123,000        122,956  

Tronox, Inc.
4.63%, 3/15/29(a)

     525,000        524,412  

TTM Technologies, Inc.
4.00%, 3/1/29(a)

     200,000        199,348  

Tutor Perini Corp.
6.88%, 5/1/25(a)(b)

     356,000        359,443  

Twitter, Inc.
3.88%, 12/15/27(a)

     140,000        146,454  

U.S. Foods, Inc.
6.25%, 4/15/25(a)

     397,000        414,837  

4.75%, 2/15/29(a)

     430,000        438,419  

Under Armour, Inc.
3.25%, 6/15/26

     116,000        119,801  

United Natural Foods, Inc.
6.75%, 10/15/28(a)

     250,000        268,412  

United Rentals North America, Inc.
5.50%, 5/15/27

     800,000        833,592  

4.88%, 1/15/28

     269,000        282,966  

5.25%, 1/15/30

     9,000        9,777  

Uniti Group L.P.
7.88%, 2/15/25(a)

     2,000,000        2,094,640  

Univar Solutions USA, Inc.
5.13%, 12/1/27(a)

     148,000        154,750  

Urban One, Inc.
7.38%, 2/1/28(a)

     505,000        522,377  

USA Compression Partners L.P.
6.88%, 4/1/26

     395,000        412,044  

Vail Resorts, Inc.
6.25%, 5/15/25(a)

     217,000        227,559  

Valvoline, Inc.
4.25%, 2/15/30(a)

     336,000        343,778  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

3.63%, 6/15/31(a)

   $ 56,000      $ 54,640  

Vector Group Ltd.
5.75%, 2/1/29(a)

     690,000        672,281  

ViacomCBS, Inc.

     

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)(c)

     182,000        205,485  

VICI Properties LP
4.63%, 12/1/29(a)

     300,000        319,719  

4.13%, 8/15/30(a)

     640,000        678,010  

Victors Merger Corp.
6.38%, 5/15/29(a)(b)

     346,000        326,614  

Vine Energy Holdings LLC
6.75%, 4/15/29(a)

     388,000        421,337  

Vista Outdoor, Inc.
4.50%, 3/15/29(a)

     284,000        287,811  

Vistra Operations Co. LLC
5.50%, 9/1/26(a)

     707,000        728,634  

5.63%, 2/15/27(a)

     1,034,000        1,071,162  

Vontier Corp.
2.95%, 4/1/31(a)

     650,000        642,317  

W&T Offshore, Inc.
9.75%, 11/1/23(a)

     401,000        384,499  

WESCO Distribution, Inc.
7.13%, 6/15/25(a)

     916,000        973,168  

Western Digital Corp.
4.75%, 2/15/26

     200,000        218,768  

Western Midstream Operating L.P.
3.95%, 6/1/25

     749,000        785,326  

4.65%, 7/1/26

     320,000        348,522  

5.30%, 2/1/30

     356,000        392,654  

Westinghouse Air Brake Technologies Corp.
4.95%, 9/15/28

     180,000        204,847  

Williams Scotsman International, Inc.
4.63%, 8/15/28(a)

     342,000        353,265  

WW International, Inc.
4.50%, 4/15/29(a)

     110,000        105,391  

Xerox Corp.
4.38%, 3/15/23

     290,000        299,712  

Xerox Holdings Corp.
5.50%, 8/15/28(a)(b)

     681,000        718,721  

Yum! Brands, Inc.
4.75%, 1/15/30(a)

     20,000        21,708  

3.63%, 3/15/31

     290,000        289,898  

Ziff Davis Inc
4.63%, 10/15/30(a)

   327,000      336,313  

TOTAL U.S. CORPORATE BONDS

(Cost: $177,061,525)

 

 

     178,499,309  
FOREIGN CORPORATE BONDS – 0.8%

 

Canada – 0.4%

 

Open Text Holdings, Inc.
4.13%, 2/15/30(a)

     340,000        350,350  

4.13%, 12/1/31(a)

     230,000        233,491  

Primo Water Holdings, Inc.
4.38%, 4/30/29(a)

     270,000        268,572  
     

 

 

 
Total Canada

 

     852,413  
Germany – 0.4%

 

Deutsche Bank AG

 

5.88%, 7/8/31, (5.88% fixed rate until 4/8/30; Secured Overnight Financing Rate + 5.438% thereafter)(c)

     395,000        464,220  

3.73%, 1/14/32, (3.729% fixed rate untill 10/14/30; Secured Overnight Financing Rate + 2.757% thereafter)(c)

     210,000        214,882  
     

 

 

 
Total Germany

 

     679,102  

TOTAL FOREIGN CORPORATE BONDS

(Cost: $1,507,966)

 

 

     1,531,515  
      Shares          
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.2%

 

United States – 3.2%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 0.03%(d)

 

  
(Cost: $5,789,870)      5,789,870        5,789,870  

TOTAL INVESTMENTS IN SECURITIES – 101.1%

(Cost: $184,359,361)

 

 

     185,820,694  

Other Assets less Liabilities – (1.1)%

 

     (2,013,625
     

 

 

 
NET ASSETS – 100.0%

 

   $ 183,807,069  
(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, 2021 (See Note 2). At December 31, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $6,315,232 and the total market value of the collateral held by the Fund was $6,524,336. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $734,466.

 

(c) 

Rate shown reflects the accrual rate as of December 31, 2021 on securities with variable or step rates.

 

(d) 

Rate shown represents annualized 7-day yield as of December 31, 2021.

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

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

December 31, 2021

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

  

U.S. Corporate Bonds

   $      $ 178,499,309      $      $ 178,499,309  

Foreign Corporate Bonds

            1,531,515               1,531,515  

Investment of Cash Collateral for Securities Loaned

            5,789,870               5,789,870  

Total Investments in Securities

   $      $ 185,820,694      $      $ 185,820,694  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  
U.S. CORPORATE BONDS – 94.6%

 

United States – 94.6%

 

3M Co.
2.65%, 4/15/25

   $ 99,000      $ 103,395  

Abbott Laboratories
3.40%, 11/30/23

     74,000        77,342  

AbbVie, Inc.
2.90%, 11/6/22

     82,000        83,512  

3.20%, 11/6/22

     50,000        50,850  

2.85%, 5/14/23

     139,000        142,173  

2.60%, 11/21/24

     223,000        231,325  

3.80%, 3/15/25

     277,000        295,570  

3.60%, 5/14/25

     334,000        355,039  

3.20%, 5/14/26

     99,000        104,793  

Aetna, Inc.
2.80%, 6/15/23

     156,000        159,859  

Aflac, Inc.
3.63%, 11/15/24

     46,000        49,182  

Agilent Technologies, Inc.
3.88%, 7/15/23

     87,000        90,209  

Aircastle Ltd.
4.13%, 5/1/24

     63,000        65,939  

Alexandria Real Estate Equities, Inc.
3.45%, 4/30/25

     87,000        92,534  

Allstate Corp. (The)
0.75%, 12/15/25

     37,000        36,088  

Ally Financial, Inc.
3.88%, 5/21/24

     156,000        164,477  

4.63%, 3/30/25

     62,000        67,499  

5.80%, 5/1/25

     37,000        41,774  

Alphabet, Inc.
2.00%, 8/15/26

     33,000        34,073  

Altria Group, Inc.
4.00%, 1/31/24

     10,000        10,557  

4.40%, 2/14/26

     136,000        149,444  

Amazon.com, Inc.
3.80%, 12/5/24

     9,000        9,646  

0.80%, 6/3/25

     139,000        137,449  

American Express Co.
2.65%, 12/2/22

     49,000        49,939  

3.40%, 2/22/24

     79,000        82,774  

3.00%, 10/30/24

     43,000        45,094  

3.63%, 12/5/24

     60,000        64,168  

American Honda Finance Corp.
2.15%, 9/10/24

     179,000        183,516  

1.20%, 7/8/25

     75,000        74,830  

American International Group, Inc.
4.13%, 2/15/24

     64,000        67,972  

2.50%, 6/30/25

     54,000        55,743  

3.90%, 4/1/26

     110,000        119,448  

American Water Capital Corp.
3.40%, 3/1/25

     40,000        42,352  

Ameriprise Financial, Inc.
4.00%, 10/15/23

     94,000        99,087  

3.70%, 10/15/24

     9,000        9,611  

Amgen, Inc.
3.63%, 5/22/24

     153,000        161,288  

Amphenol Corp.
3.20%, 4/1/24

   25,000      26,013  

Anthem, Inc.
3.13%, 5/15/22

     59,000        59,572  

3.30%, 1/15/23

     54,000        55,477  

3.50%, 8/15/24

     121,000        127,817  

3.35%, 12/1/24

     9,000        9,511  

Apple, Inc.
2.85%, 5/11/24

     136,000        141,770  

2.50%, 2/9/25

     120,000        124,948  

0.55%, 8/20/25

     10,000        9,762  

3.25%, 2/23/26

     141,000        150,943  

Arrow Electronics, Inc.
3.25%, 9/8/24

     82,000        85,578  

AT&T, Inc.
3.00%, 6/30/22

     49,000        49,404  

3.95%, 1/15/25

     34,000        36,388  

3.40%, 5/15/25

     167,000        176,778  

4.13%, 2/17/26

     136,000        148,436  

1.70%, 3/25/26

     59,000        58,805  

AvalonBay Communities, Inc.
4.20%, 12/15/23

     77,000        81,253  

2.95%, 5/11/26

     9,000        9,515  

Avangrid, Inc.
3.20%, 4/15/25

     66,000        69,474  

Bank of America Corp.
3.30%, 1/11/23

     87,000        89,383  

4.13%, 1/22/24

     19,000        20,200  

4.20%, 8/26/24

     131,000        140,385  

0.81%, 10/24/24, (0.81% fixed rate until 10/24/23; Secured Overnight Financing Rate + 0.74% thereafter)(a)

     143,000        142,068  

4.00%, 1/22/25

     15,000        16,044  

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)

     353,000        369,266  

3.95%, 4/21/25, Series L

     93,000        99,471  

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)

     161,000        167,677  

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)

     283,000        297,993  

4.45%, 3/3/26

     94,000        103,625  

1.32%, 6/19/26, (1.319% fixed rate until 6/19/25; Secured Overnight Financing Rate + 1.15% thereafter)(a)

     188,000        186,165  

1.20%, 10/24/26, (1.197% fixed rate until 10/24/25; Secured Overnight Financing Rate + 1.01% thereafter)(a)

     166,000        162,808  

Bank of New York Mellon Corp. (The)
2.20%, 8/16/23

     100,000        102,200  

1.60%, 4/24/25

     15,000        15,123  

Becton Dickinson and Co.
3.36%, 6/6/24

     33,000        34,557  

3.73%, 12/15/24

     23,000        24,468  

Berkshire Hathaway, Inc.
3.13%, 3/15/26

     56,000        59,842  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Biogen, Inc.
3.63%, 9/15/22

   $ 84,000      $ 85,735  

BlackRock, Inc.
3.50%, 3/18/24

     78,000        82,487  

Block Financial LLC
5.50%, 11/1/22

     83,000        84,184  

Boardwalk Pipelines L.P.
4.95%, 12/15/24

     27,000        29,274  

Boeing Co. (The)
4.88%, 5/1/25

     207,000        226,740  

2.20%, 2/4/26

     308,000        308,015  

3.10%, 5/1/26

     500,000        521,455  

Boston Scientific Corp.
3.38%, 5/15/22

     20,000        20,212  

3.45%, 3/1/24

     56,000        58,583  

Brandywine Operating Partnership L.P.
4.10%, 10/1/24

     64,000        67,658  

Bristol-Myers Squibb Co.
3.25%, 2/20/23(b)

     58,000        59,563  

3.88%, 8/15/25

     49,000        53,077  

Broadcom, Inc.
4.70%, 4/15/25

     134,000        146,604  

3.15%, 11/15/25

     34,000        35,716  

3.46%, 9/15/26

     165,000        175,845  

4.11%, 9/15/28

     68,000        74,665  

3.42%, 4/15/33(c)

     292,000        305,304  

Brunswick Corp.
0.85%, 8/18/24

     48,000        47,435  

Burlington Northern Santa Fe LLC
3.00%, 3/15/23

     59,000        60,298  

3.40%, 9/1/24

     9,000        9,501  

3.00%, 4/1/25

     71,000        74,672  

Capital One Financial Corp.
3.90%, 1/29/24

     200,000        210,704  

3.30%, 10/30/24

     102,000        107,587  

4.25%, 4/30/25

     90,000        97,457  

4.20%, 10/29/25

     136,000        147,912  

Caterpillar Financial Services Corp.
2.15%, 11/8/24(b)

     9,000        9,271  

0.80%, 11/13/25(b)

     156,000        153,105  

Celanese U.S. Holdings LLC
3.50%, 5/8/24(b)

     20,000        20,900  

Charles Schwab Corp. (The)
4.20%, 3/24/25

     48,000        52,235  

3.63%, 4/1/25

     60,000        64,001  

3.85%, 5/21/25

     92,000        99,205  

3.45%, 2/13/26

     9,000        9,666  

Chevron Corp.
2.90%, 3/3/24

     132,000        137,400  

1.55%, 5/11/25

     106,000        107,099  

Chubb INA Holdings, Inc.
3.35%, 5/15/24

     30,000        31,667  

3.35%, 5/3/26

     84,000        90,237  

Cigna Corp.
3.25%, 4/15/25

     114,000        120,194  

4.13%, 11/15/25

     81,000        88,747  

4.50%, 2/25/26

     134,000        148,526  

Cisco Systems, Inc.
2.20%, 9/20/23

   51,000      52,220  

Citigroup, Inc.
4.05%, 7/30/22

     50,000        51,007  

3.75%, 6/16/24

     99,000        105,114  

4.00%, 8/5/24

     56,000        59,658  

0.78%, 10/30/24, (0.776% fixed rate until 10/30/23; Secured Overnight Financing Rate + 0.686% thereafter)(a)

     122,000        121,252  

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)

     91,000        95,081  

0.98%, 5/1/25, (0.981% fixed rate until 5/1/24; Secured Overnight Financing Rate + 0.669% thereafter)(a)

     72,000        71,506  

4.40%, 6/10/25

     273,000        297,608  

5.50%, 9/13/25

     128,000        144,803  

1.28%, 11/3/25, (1.281% fixed rate until 11/3/24; Secured Overnight Financing Rate + 0.528% thereafter)(a)

     183,000        182,660  

3.11%, 4/8/26, (3.106% fixed rate until 4/8/25; Secured Overnight Financing Rate + 2.842% thereafter)(a)

     100,000        104,913  

3.40%, 5/1/26

     98,000        105,131  

Comcast Corp.
3.70%, 4/15/24

     9,000        9,569  

3.38%, 8/15/25

     68,000        72,612  

3.95%, 10/15/25

     135,000        147,656  

Comerica, Inc.
3.70%, 7/31/23

     77,000        80,149  

Conagra Brands, Inc.
3.20%, 1/25/23

     87,000        88,657  

Connecticut Light & Power Co. (The)
2.50%, 1/15/23

     56,000        56,827  

Constellation Brands, Inc.
3.20%, 2/15/23

     104,000        106,422  

4.25%, 5/1/23

     28,000        29,211  

CVS Health Corp.
3.50%, 7/20/22

     50,000        50,553  

2.75%, 12/1/22

     50,000        50,698  

2.63%, 8/15/24

     196,000        203,123  

4.10%, 3/25/25

     167,000        180,099  

3.88%, 7/20/25

     138,000        148,538  

D.R. Horton, Inc.
2.50%, 10/15/24

     115,000        118,659  

Delmarva Power & Light Co.
3.50%, 11/15/23

     100,000        104,162  

Discover Financial Services
3.85%, 11/21/22

     17,000        17,458  

3.95%, 11/6/24

     50,000        53,242  

3.75%, 3/4/25

     114,000        120,768  

Discovery Communications LLC
3.95%, 6/15/25

     100,000        106,635  

Dominion Energy, Inc.
2.75%, 9/15/22, Series B

     58,000        58,572  

3.30%, 3/15/25, Series A

     109,000        114,412  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

DTE Energy Co.
2.53%, 10/1/24, Series C

   $ 26,000      $ 26,811  

Duke Energy Corp.
2.40%, 8/15/22

     40,000        40,481  

3.95%, 10/15/23

     63,000        65,831  

Eastern Energy Gas Holdings LLC
2.50%, 11/15/24, Series A

     99,000        102,398  

Eastman Chemical Co.
3.60%, 8/15/22

     60,000        60,622  

3.80%, 3/15/25

     52,000        55,558  

Eaton Corp.
2.75%, 11/2/22

     88,000        89,575  

eBay, Inc.
2.75%, 1/30/23

     43,000        43,836  

1.90%, 3/11/25

     35,000        35,428  

EI du Pont de Nemours and Co.
1.70%, 7/15/25

     61,000        61,575  

Eli Lilly & Co.
2.75%, 6/1/25

     57,000        59,738  

Entergy Arkansas LLC
3.50%, 4/1/26

     50,000        53,611  

Enterprise Products Operating LLC
3.90%, 2/15/24

     78,000        82,012  

3.75%, 2/15/25

     140,000        149,135  

EOG Resources, Inc.
2.63%, 3/15/23

     45,000        45,787  

3.15%, 4/1/25

     68,000        71,499  

Equitable Holdings, Inc.
3.90%, 4/20/23

     61,000        63,223  

Essex Portfolio L.P.
3.88%, 5/1/24

     100,000        105,336  

Estee Lauder Cos., Inc. (The)
2.00%, 12/1/24

     30,000        30,789  

Evergy, Inc.
2.45%, 9/15/24

     36,000        36,922  

Eversource Energy
3.80%, 12/1/23, Series N

     43,000        45,141  

Exelon Corp.
3.50%, 6/1/22

     93,000        93,874  

3.95%, 6/15/25

     55,000        58,931  

Exxon Mobil Corp.
2.73%, 3/1/23

     35,000        35,749  

2.71%, 3/6/25

     143,000        149,099  

2.99%, 3/19/25

     185,000        194,633  

FedEx Corp.
3.25%, 4/1/26

     50,000        53,523  

Fifth Third Bancorp
1.63%, 5/5/23

     70,000        70,671  

First Horizon Corp.
4.00%, 5/26/25

     82,000        87,799  

Fiserv, Inc.
3.80%, 10/1/23

     135,000        141,199  

2.75%, 7/1/24

     122,000        126,248  

Fortune Brands Home & Security, Inc.
4.00%, 9/21/23

     94,000        98,482  

Fox Corp.
3.05%, 4/7/25(b)

   47,000      49,314  

General Dynamics Corp.
2.25%, 11/15/22

     65,000        65,752  

3.38%, 5/15/23

     78,000        80,731  

2.38%, 11/15/24

     9,000        9,315  

3.25%, 4/1/25

     9,000        9,537  

General Mills, Inc.
2.60%, 10/12/22

     78,000        79,092  

3.70%, 10/17/23

     49,000        51,296  

Georgia Power Co.
2.10%, 7/30/23, Series A

     71,000        72,329  

2.20%, 9/15/24, Series A

     82,000        83,876  

Gilead Sciences, Inc.
3.50%, 2/1/25

     283,000        299,572  

3.65%, 3/1/26

     98,000        105,717  

Global Payments, Inc.
2.65%, 2/15/25

     68,000        69,950  

Harman International Industries, Inc.
4.15%, 5/15/25

     64,000        68,866  

HCA, Inc.
5.25%, 4/15/25

     159,000        176,205  

Healthcare Trust of America Holdings L.P.
3.50%, 8/1/26

     57,000        60,932  

Healthpeak Properties, Inc.
3.25%, 7/15/26

     74,000        78,680  

Hershey Co. (The)
3.38%, 5/15/23

     85,000        87,908  

Hewlett Packard Enterprise Co.
1.45%, 4/1/24

     81,000        81,532  

Honeywell International, Inc.
1.35%, 6/1/25

     56,000        56,249  

Host Hotels & Resorts L.P.
4.00%, 6/15/25, Series E

     58,000        61,576  

HP, Inc.
2.20%, 6/17/25

     54,000        55,217  

Humana, Inc.
2.90%, 12/15/22

     70,000        71,370  

Huntington Bancshares, Inc.
4.00%, 5/15/25

     111,000        119,527  

Hyatt Hotels Corp.
5.38%, 4/23/25(b)

     74,000        82,471  

Illumina, Inc.
0.55%, 3/23/23(b)

     49,000        48,761  

Intel Corp.
2.88%, 5/11/24

     97,000        100,989  

Intercontinental Exchange, Inc.
2.35%, 9/15/22

     104,000        105,177  

3.45%, 9/21/23(b)

     35,000        36,414  

International Business Machines Corp.
3.00%, 5/15/24

     100,000        104,510  

3.30%, 5/15/26

     100,000        107,091  

Interpublic Group of Cos., Inc. (The)
4.20%, 4/15/24

     10,000        10,624  

Interstate Power and Light Co.
3.25%, 12/1/24

     60,000        63,033  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

J.M. Smucker Co. (The)
3.50%, 3/15/25

   $ 57,000      $ 60,784  

Jabil, Inc.
4.70%, 9/15/22

     40,000        41,065  

Johnson & Johnson
2.05%, 3/1/23

     51,000        51,780  

JPMorgan Chase & Co.
2.97%, 1/15/23

     186,000        190,540  

3.38%, 5/1/23

     50,000        51,618  

3.88%, 2/1/24

     71,000        75,176  

3.88%, 9/10/24

     109,000        116,052  

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)

     84,000        88,544  

3.13%, 1/23/25

     38,000        39,963  

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)

     359,000        373,583  

0.82%, 6/1/25, (0.824% fixed rate until 6/1/24; Secured Overnight Financing Rate + 0.54% thereafter)(a)

     200,000        197,726  

3.90%, 7/15/25

     138,000        149,359  

2.01%, 3/13/26, (2.005% fixed rate until 3/13/25; Secured Overnight Financing Rate + 1.585% thereafter)(a)

     104,000        105,372  

3.30%, 4/1/26

     112,000        119,535  

2.08%, 4/22/26, (2.083% fixed rate until 4/22/25; Secured Overnight Financing Rate + 1.85% thereafter)(a)

     104,000        105,609  

1.05%, 11/19/26, (1.045% fixed rate until 11/19/25; Secured Overnight Financing Rate + 0.80% thereafter)(a)

     209,000        203,748  

Kellogg Co.
2.65%, 12/1/23

     37,000        38,153  

Keurig Dr. Pepper, Inc.
4.06%, 5/25/23

     27,000        28,143  

3.40%, 11/15/25

     97,000        103,009  

KeyBank NA
3.40%, 5/20/26

     250,000        265,822  

Keysight Technologies, Inc.
4.55%, 10/30/24

     58,000        62,784  

Kimco Realty Corp.
2.70%, 3/1/24

     97,000        99,709  

KLA Corp.
4.65%, 11/1/24

     45,000        48,798  

Kroger Co. (The)
3.85%, 8/1/23

     80,000        83,174  

L3Harris Technologies, Inc.
3.85%, 6/15/23

     98,000        101,847  

Laboratory Corp. of America Holdings
2.30%, 12/1/24

     145,000        148,755  

3.60%, 2/1/25

     18,000        19,017  

Las Vegas Sands Corp.
3.20%, 8/8/24

     127,000        129,329  

Leidos, Inc.
2.95%, 5/15/23

     107,000        109,594  

Lincoln National Corp.
4.00%, 9/1/23

   144,000      151,055  

Linde, Inc.
2.70%, 2/21/23

     52,000        52,938  

Lockheed Martin Corp.
3.10%, 1/15/23

     106,000        108,400  

Loews Corp.
3.75%, 4/1/26

     83,000        90,006  

Lowe’s Cos., Inc.
2.50%, 4/15/26

     116,000        120,993  

M&T Bank Corp.
3.55%, 7/26/23

     66,000        68,536  

Marathon Petroleum Corp.
3.63%, 9/15/24

     67,000        70,566  

4.70%, 5/1/25

     49,000        53,528  

Marriott International, Inc.
3.60%, 4/15/24

     108,000        113,149  

5.75%, 5/1/25, Series EE

     50,000        56,346  

Marsh & McLennan Cos., Inc.
3.30%, 3/14/23

     52,000        53,348  

3.88%, 3/15/24

     67,000        70,919  

Martin Marietta Materials, Inc.
4.25%, 7/2/24

     62,000        66,173  

McCormick & Co., Inc.
2.70%, 8/15/22

     89,000        90,007  

McDonald’s Corp.
3.25%, 6/10/24

     60,000        63,088  

McKesson Corp.
2.70%, 12/15/22

     50,000        50,710  

Medtronic, Inc.
3.50%, 3/15/25

     68,000        72,474  

Merck & Co., Inc.
2.80%, 5/18/23

     81,000        83,424  

0.75%, 2/24/26

     53,000        51,930  

MetLife, Inc.
3.60%, 11/13/25

     66,000        71,288  

Microsoft Corp.
3.13%, 11/3/25

     65,000        69,334  

2.40%, 8/8/26

     86,000        90,070  

Mid-America Apartments L.P.
3.75%, 6/15/24

     50,000        52,676  

MidAmerican Energy Co.
3.50%, 10/15/24

     85,000        89,895  

Molson Coors Beverage Co.
3.50%, 5/1/22

     37,000        37,374  

3.00%, 7/15/26

     100,000        105,000  

Mondelez International, Inc.
1.50%, 5/4/25

     69,000        69,168  

Moody’s Corp.
2.63%, 1/15/23

     40,000        40,677  

4.88%, 2/15/24

     82,000        87,748  

Morgan Stanley
2.75%, 5/19/22

     60,000        60,523  

3.13%, 1/23/23

     75,000        76,860  

3.74%, 4/24/24, (3.737% fixed rate until 4/24/23; 3-month U.S. dollar London Interbank Offered Rate + 0.847% thereafter)(a)

     100,000        103,515  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

3.70%, 10/23/24

   $ 417,000      $ 444,326  

2.72%, 7/22/25, (2.72% fixed rate until 7/22/24; Secured Overnight Financing Rate + 1.152% thereafter)(a)

     293,000        302,206  

4.00%, 7/23/25

     100,000        108,501  

5.00%, 11/24/25

     131,000        146,703  

3.88%, 1/27/26

     205,000        222,337  

2.19%, 4/28/26, (2.188% fixed rate until 4/28/25; Secured Overnight Financing Rate + 1.99% thereafter)(a)

     239,000        243,852  

3.13%, 7/27/26

     99,000        104,998  

MPLX L.P.
4.50%, 7/15/23

     47,000        48,963  

4.88%, 12/1/24

     75,000        81,523  

4.00%, 2/15/25

     68,000        72,517  

National Retail Properties, Inc.
4.00%, 11/15/25

     63,000        68,418  

NetApp, Inc.
1.88%, 6/22/25

     54,000        54,600  

NewMarket Corp.
4.10%, 12/15/22

     64,000        65,992  

NIKE, Inc.
2.40%, 3/27/25

     62,000        64,239  

Norfolk Southern Corp.
3.85%, 1/15/24

     84,000        88,077  

Northern States Power Co.
2.60%, 5/15/23

     54,000        54,819  

Northern Trust Corp.
3.95%, 10/30/25

     30,000        32,885  

Northrop Grumman Corp.
3.25%, 8/1/23

     130,000        134,740  

Nucor Corp.
2.00%, 6/1/25

     100,000        102,080  

NVR, Inc.
3.95%, 9/15/22

     39,000        39,573  

Old Republic International Corp.
4.88%, 10/1/24

     22,000        23,960  

Omega Healthcare Investors, Inc.
4.38%, 8/1/23

     10,000        10,429  

5.25%, 1/15/26

     118,000        131,869  

Omnicom Group, Inc.
3.65%, 11/1/24

     36,000        38,180  

Oracle Corp.
3.63%, 7/15/23

     166,000        172,323  

2.95%, 11/15/24

     48,000        49,948  

2.50%, 4/1/25

     165,000        169,066  

2.95%, 5/15/25

     142,000        147,440  

1.65%, 3/25/26

     106,000        105,180  

2.65%, 7/15/26

     102,000        105,000  

Otis Worldwide Corp.
2.06%, 4/5/25

     86,000        87,674  

PACCAR Financial Corp.
1.80%, 2/6/25(b)

     52,000        52,832  

PacifiCorp
3.60%, 4/1/24

     64,000        67,162  

Packaging Corp. of America
3.65%, 9/15/24

     9,000        9,515  

Parker-Hannifin Corp.
2.70%, 6/14/24

   67,000      69,274  

PayPal Holdings, Inc.
1.35%, 6/1/23

     33,000        33,283  

1.65%, 6/1/25

     55,000        55,724  

PECO Energy Co.
3.15%, 10/15/25

     9,000        9,519  

PepsiCo, Inc.
2.75%, 3/1/23

     80,000        81,974  

3.50%, 7/17/25

     18,000        19,297  

2.85%, 2/24/26

     18,000        19,039  

Pfizer, Inc.
3.40%, 5/15/24

     75,000        79,432  

Philip Morris International, Inc.
2.50%, 11/2/22

     111,000        112,609  

3.25%, 11/10/24

     67,000        70,967  

1.50%, 5/1/25

     29,000        29,107  

Phillips 66
3.85%, 4/9/25

     130,000        138,791  

Phillips 66 Partners L.P.
3.61%, 2/15/25

     57,000        60,094  

Pinnacle West Capital Corp.
1.30%, 6/15/25

     54,000        53,195  

Pioneer Natural Resources Co.
0.55%, 5/15/23

     16,000        15,944  

1.13%, 1/15/26

     156,000        151,808  

PNC Bank NA
2.50%, 8/27/24

     162,000        167,477  

PNC Financial Services Group, Inc. (The)
3.50%, 1/23/24

     137,000        143,512  

2.20%, 11/1/24

     51,000        52,358  

PPG Industries, Inc.
1.20%, 3/15/26

     80,000        78,367  

PPL Capital Funding, Inc.
3.10%, 5/15/26

     115,000        120,655  

Precision Castparts Corp.
2.50%, 1/15/23

     63,000        64,034  

Procter & Gamble Co. (The)
0.55%, 10/29/25(b)

     10,000        9,770  

1.00%, 4/23/26

     30,000        29,748  

Public Service Electric & Gas Co.
0.95%, 3/15/26

     10,000        9,814  

Public Service Enterprise Group, Inc.
2.65%, 11/15/22

     25,000        25,380  

2.88%, 6/15/24

     82,000        84,932  

0.80%, 8/15/25

     36,000        35,056  

Public Storage
0.88%, 2/15/26

     50,000        48,848  

QUALCOMM, Inc.
3.45%, 5/20/25

     68,000        72,457  

Quest Diagnostics, Inc.
3.45%, 6/1/26

     73,000        78,163  

Raytheon Technologies Corp.
3.95%, 8/16/25

     124,000        134,467  

Realty Income Corp.
3.88%, 4/15/25

     24,000        25,857  

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Regions Financial Corp.
2.25%, 5/18/25

   $ 54,000      $ 55,198  

Reliance Steel & Aluminum Co.
4.50%, 4/15/23

     35,000        36,281  

1.30%, 8/15/25

     59,000        58,194  

Republic Services, Inc.
0.88%, 11/15/25

     65,000        63,187  

Rockwell Automation, Inc.
0.35%, 8/15/23(b)

     32,000        31,855  

Roper Technologies, Inc.
3.13%, 11/15/22

     23,000        23,356  

3.65%, 9/15/23

     73,000        76,108  

1.00%, 9/15/25

     16,000        15,648  

Ross Stores, Inc.
0.88%, 4/15/26(b)

     90,000        87,417  

Royalty Pharma PLC
0.75%, 9/2/23

     121,000        120,239  

salesforce.com, Inc.
3.25%, 4/11/23

     35,000        36,108  

San Diego Gas & Electric Co.
3.60%, 9/1/23, Series NNN

     147,000        152,426  

Sherwin-Williams Co. (The)
3.13%, 6/1/24

     9,000        9,407  

3.45%, 8/1/25

     74,000        78,791  

Southern Co. (The)
3.25%, 7/1/26

     99,000        104,938  

Southwest Airlines Co.
5.25%, 5/4/25

     140,000        155,616  

Southwestern Electric Power Co.
1.65%, 3/15/26, Series N

     121,000        120,281  

Stanley Black & Decker, Inc.
3.40%, 3/1/26

     43,000        45,888  

Starbucks Corp.
3.10%, 3/1/23(b)

     117,000        120,103  

3.85%, 10/1/23

     17,000        17,749  

State Street Corp.
3.70%, 11/20/23

     28,000        29,487  

3.55%, 8/18/25

     79,000        85,288  

2.65%, 5/19/26

     9,000        9,493  

Steel Dynamics, Inc.
2.40%, 6/15/25

     89,000        91,327  

Stifel Financial Corp.
4.25%, 7/18/24

     7,000        7,458  

Stryker Corp.
3.38%, 5/15/24

     136,000        142,365  

SVB Financial Group
3.50%, 1/29/25

     60,000        63,405  

Synchrony Financial
4.25%, 8/15/24

     162,000        171,744  

Sysco Corp.
2.60%, 6/12/22

     45,000        45,429  

3.30%, 7/15/26

     76,000        80,954  

Tapestry, Inc.
3.00%, 7/15/22

     37,000        37,341  

Target Corp.
2.25%, 4/15/25

     54,000        55,733  

Teledyne Technologies, Inc.
1.60%, 4/1/26

   80,000      79,267  

Textron, Inc.
4.30%, 3/1/24

     77,000        81,389  

3.88%, 3/1/25

     23,000        24,551  

TJX Cos., Inc. (The)
2.50%, 5/15/23

     42,000        42,805  

Toyota Motor Credit Corp.
2.00%, 10/7/24(b)

     27,000        27,636  

3.00%, 4/1/25

     221,000        232,373  

Truist Bank
2.80%, 5/17/22

     102,000        102,723  

3.20%, 4/1/24(b)

     46,000        48,176  

Truist Financial Corp.
2.50%, 8/1/24

     65,000        67,154  

4.00%, 5/1/25

     9,000        9,723  

3.70%, 6/5/25

     101,000        108,599  

TWDC Enterprises 18 Corp.
2.35%, 12/1/22

     96,000        97,533  

3.15%, 9/17/25

     80,000        84,902  

Tyson Foods, Inc.
4.50%, 6/15/22

     87,000        87,755  

3.95%, 8/15/24

     14,000        14,923  

U.S. Bancorp
3.10%, 4/27/26

     163,000        172,617  

Union Electric Co.
3.50%, 4/15/24

     94,000        98,431  

Union Pacific Corp.
3.50%, 6/8/23

     80,000        82,893  

3.15%, 3/1/24

     54,000        56,458  

3.75%, 7/15/25

     43,000        46,461  

United Parcel Service, Inc.
2.50%, 4/1/23

     83,000        84,733  

2.20%, 9/1/24

     15,000        15,447  

UnitedHealth Group, Inc.
3.50%, 6/15/23

     130,000        135,073  

2.38%, 8/15/24

     104,000        107,711  

Ventas Realty L.P.
4.13%, 1/15/26

     109,000        118,476  

Verizon Communications, Inc.
3.50%, 11/1/24

     140,000        149,080  

3.38%, 2/15/25

     46,000        48,923  

1.45%, 3/20/26

     106,000        105,548  

2.63%, 8/15/26

     101,000        105,279  

1.68%, 10/30/30

     100,000        95,142  

VF Corp.
2.40%, 4/23/25

     34,000        34,972  

ViacomCBS, Inc.
4.75%, 5/15/25

     111,000        121,894  

4.00%, 1/15/26

     82,000        88,675  

Walt Disney Co. (The)
3.35%, 3/24/25

     46,000        49,034  

Waste Management, Inc.
3.13%, 3/1/25

     87,000        91,445  

WEC Energy Group, Inc.
0.80%, 3/15/24

     10,000        9,906  

3.55%, 6/15/25

     26,000        27,569  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited) (concluded)

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

December 31, 2021

 

 

 

Investments    Principal
Amount
     Value  

Wells Fargo & Co.
4.48%, 1/16/24

   $ 200,000      $ 213,062  

3.75%, 1/24/24

     233,000        244,902  

3.30%, 9/9/24

     146,000        153,720  

3.00%, 2/19/25

     86,000        89,910  

3.55%, 9/29/25

     138,000        147,496  

2.41%, 10/30/25, (2.406% fixed rate until 10/30/24; Secured Overnight Financing Rate + 1.087% thereafter)(a)

     145,000        148,667  

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)

     100,000        101,696  

3.00%, 4/22/26

     99,000        104,078  

2.19%, 4/30/26, (2.188% fixed rate until 4/30/25; Secured Overnight Financing Rate + 2.00% thereafter)(a)

     138,000        140,632  

4.10%, 6/3/26

     127,000        138,571  

Western Union Co. (The)
2.85%, 1/10/25

     57,000        59,062  

Willis North America, Inc.
3.60%, 5/15/24

     61,000        63,952  

WP Carey, Inc.
4.00%, 2/1/25

     94,000        100,254  

WRKCo, Inc.
3.75%, 3/15/25

     152,000        162,240  

Xcel Energy, Inc.
3.30%, 6/1/25

     14,000        14,715  

Xilinx, Inc.
2.95%, 6/1/24

     76,000        78,956  

Zoetis, Inc.
3.25%, 2/1/23

     91,000        92,763  

TOTAL U.S. CORPORATE BONDS

(Cost: $38,422,718)

 

 

     38,304,261  
FOREIGN CORPORATE BONDS – 2.7%

 

Germany – 1.1%

 

Deutsche Bank AG
3.70%, 5/30/24

     100,000        104,881  

3.96%, 11/26/25, (3.961% fixed rate until 11/26/24; Secured Overnight Financing Rate + 2.581% thereafter)(a)

     150,000        158,783  

1.69%, 3/19/26

     200,000        199,514  
     

 

 

 
Total Germany

 

     463,178  
United Kingdom – 1.6%

 

BAT Capital Corp.
3.22%, 8/15/24

   169,000      175,858  

Diageo Investment Corp.
2.88%, 5/11/22

     108,000        108,941  

GlaxoSmithKline Capital, Inc.
3.38%, 5/15/23

     56,000        58,000  

3.63%, 5/15/25

     44,000        47,370  

Reynolds American, Inc.
4.85%, 9/15/23

     107,000        113,665  

4.45%, 6/12/25

     137,000        147,983  
     

 

 

 
Total United Kingdom

 

     651,817  

TOTAL FOREIGN CORPORATE BONDS

(Cost: $1,113,802)

              1,114,995  
      Shares          
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.4%

 

United States – 1.4%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(d)

     
(Cost: $559,068)      559,068        559,068  

TOTAL INVESTMENTS IN SECURITIES – 98.7%

(Cost: $40,095,588)

 

 

     39,978,324  

Other Assets less Liabilities – 1.3%

 

     512,441  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 40,490,765  
(a) 

Rate shown reflects the accrual rate as of December 31, 2021 on securities with variable or step rates.

 

(b) 

Security, or portion thereof, was on loan at December 31, 2021 (See Note 2). At December 31, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $682,163 and the total market value of the collateral held by the Fund was $701,689. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $142,621.

 

(c) 

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.

 

(d) 

Rate shown represents annualized 7-day yield as of December 31, 2021.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

           

U.S. Corporate Bonds

   $      $ 38,304,261      $      $ 38,304,261  

Foreign Corporate Bonds

            1,114,995               1,114,995  

Investment of Cash Collateral for Securities Loaned

            559,068               559,068  

Total Investments in Securities

   $      $ 39,978,324      $      $ 39,978,324  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 106.8%      
Brazil – 6.5%      

Ambev S.A.

     43,200      $ 119,595  

B3 S.A. – Brasil Bolsa Balcao

     43,200        86,400  

Banco Bradesco S.A., Preference Shares

     48,000        165,544  

Banco Inter S.A.

     4,800        24,620  

Banco Santander Brasil S.A.

     2,400        12,918  

CCR S.A.

     7,200        14,982  

Centrais Eletricas Brasileiras S.A.

     2,400        14,396  

Cosan S.A.

     7,200        28,037  

Equatorial Energia S.A.

     4,800        19,484  

Gerdau S.A., Preference Shares

     7,200        35,237  

Getnet Adquirencia e Servicos para Meios de Pagamento S.A.*

     607        420  

Hapvida Participacoes e Investimentos S.A.(a)

     9,600        17,890  

Itau Unibanco Holding S.A., Preference Shares

     36,000        135,404  

Itausa S.A., Preference Shares

     27,727        44,453  

JBS S.A.

     7,200        49,056  

Klabin S.A.

     4,800        22,113  

Localiza Rent a Car S.A.

     7,200        68,510  

Lojas Americanas S.A., Preference Shares

     4,800        5,076  

Lojas Renner S.A.

     8,320        36,506  

Magazine Luiza S.A.

     24,000        31,110  

Natura & Co. Holding S.A.*

     12,000        54,786  

Notre Dame Intermedica Participacoes S.A.

     4,800        52,007  

Petroleo Brasileiro S.A., Preference Shares

     62,400        318,722  

Raia Drogasil S.A.

     12,000        52,352  

Rumo S.A.*

     7,200        22,957  

Suzano S.A.*

     4,800        51,800  

Telefonica Brasil S.A.

     4,800        41,528  

Vale S.A.

     28,800        403,097  

Via S/A*

     7,200        6,786  

Vibra Energia S.A.

     4,800        18,442  

WEG S.A.

     14,400        85,262  
     

 

 

 
Total Brazil               2,039,490  
Chile – 0.7%      

Banco de Chile

     298,464        23,317  

Banco de Credito e Inversiones S.A.

     415        12,124  

Banco Santander Chile

     512,208        20,590  

Cencosud S.A.

     15,648        26,172  

Empresas CMPC S.A.

     2,016        3,379  

Empresas COPEC S.A.

     3,600        27,828  

Enel Americas S.A.

     207,823        22,685  

Falabella S.A.

     5,856        19,101  

Sociedad Quimica y Minera de Chile S.A., Class B, Preference Shares

     1,200        61,252  
     

 

 

 
Total Chile               216,448  
China – 28.1%      

Agricultural Bank of China Ltd., Class H

     192,000        66,001  

Alibaba Group Holding Ltd.*

     68,600        1,046,207  

Anhui Conch Cement Co., Ltd., Class H

     7,000        34,972  

ANTA Sports Products Ltd.

     5,800        86,967  

Baidu, Inc., ADR*

     1,315        195,659  

Bank of China Ltd., Class H

     336,000      121,104  

Bank of Communications Co., Ltd., Class H

     79,000        47,726  

BeiGene Ltd., ADR*

     205        55,541  

Bilibili, Inc., ADR*

     403        18,699  

China Conch Venture Holdings Ltd.

     12,000        58,643  

China Construction Bank Corp., Class H

     425,000        294,370  

China Everbright Bank Co., Ltd., Class H

     31,000        10,974  

China International Capital Corp., Ltd., Class H(a)

     12,400        34,196  

China Life Insurance Co., Ltd., Class H

     31,000        51,373  

China Mengniu Dairy Co., Ltd.*

     17,000        96,379  

China Merchants Bank Co., Ltd., Class H

     25,500        198,046  

China Minsheng Banking Corp., Ltd., Class H

     15,500        5,925  

China Molybdenum Co., Ltd., Class H

     12,000        6,326  

China Overseas Land & Investment Ltd.

     21,000        49,724  

China Pacific Insurance Group Co., Ltd., Class H

     25,400        68,906  

China Petroleum & Chemical Corp., Class H

     102,000        47,492  

China Shenhua Energy Co., Ltd., Class H

     21,500        50,411  

China Taiping Insurance Holdings Co., Ltd.

     9,600        13,175  

China Tower Corp. Ltd., Class H(a)

     192,000        21,179  

China Yangtze Power Co., Ltd., Class A

     14,400        51,289  

CITIC Ltd.

     48,000        47,407  

CITIC Securities Co., Ltd., Class H

     24,000        62,645  

COSCO Shipping Holdings Co., Ltd., Class H*

     32,300        62,642  

Country Garden Holdings Co., Ltd.

     79,000        70,120  

Country Garden Services Holdings Co., Ltd.

     8,000        47,920  

CSPC Pharmaceutical Group Ltd.

     62,000        67,358  

Daqo New Energy Corp., ADR*

     528        21,289  

ENN Energy Holdings Ltd.

     4,500        84,732  

Foshan Haitian Flavouring & Food Co., Ltd., Class A

     2,200        36,283  

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

     4,000        20,676  

GDS Holdings Ltd., ADR*

     1,248        58,856  

Geely Automobile Holdings Ltd.

     32,000        87,426  

GF Securities Co., Ltd., Class H

     19,200        36,596  

Great Wall Motor Co., Ltd., Class H

     18,000        61,876  

Haier Smart Home Co., Ltd., Class H

     13,400        56,633  

Haitong Securities Co., Ltd., Class H

     19,200        17,017  

Hangzhou Tigermed Consulting Co., Ltd., Class H(a)

     3,100        39,365  

Huatai Securities Co., Ltd., Class H(a)

     15,800        26,305  

Huazhu Group Ltd., ADR*

     1,200        44,808  

Industrial & Commercial Bank of China Ltd., Class H

     284,000        160,281  

iQIYI, Inc., ADR*

     1,776        8,099  

JD Health International, Inc.*(a)

     2,400        18,917  

JD.com, Inc., ADR*

     4,108        287,848  

JOYY, Inc., ADR

     576        26,168  

Lenovo Group Ltd.

     62,000        71,254  

Li Auto, Inc., ADR*

     1,536        49,306  

Li Ning Co., Ltd.

     11,500        125,896  

Longfor Group Holdings Ltd.(a)

     9,500        44,720  

LONGi Green Energy Technology Co., Ltd., Class A

     4,680        63,297  

Luzhou Laojiao Co., Ltd., Class A

     1,500        59,750  

Meituan, Class B*(a)

     16,500        477,034  

NetEase, Inc., ADR

     2,049        208,547  

New China Life Insurance Co., Ltd., Class H

     7,900        21,127  

NIO, Inc., ADR*

     6,132        194,262  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2021

 

 

 

Investments    Shares      Value  

People’s Insurance Co. Group of China Ltd. (The), Class H

     48,000      $ 14,530  

PetroChina Co., Ltd., Class H

     98,000        43,618  

PICC Property & Casualty Co., Ltd., Class H

     62,000        50,657  

Pinduoduo, Inc., ADR*

     1,968        114,734  

Ping An Bank Co., Ltd., Class A

     12,700        32,839  

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

     3,100        11,273  

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

     29,500        212,463  

Postal Savings Bank of China Co., Ltd., Class H(a)

     79,000        55,428  

SF Holding Co., Ltd., Class A

     4,800        51,906  

Shenzhou International Group Holdings Ltd.

     4,300        82,676  

Shimao Group Holdings Ltd.

     8,000        5,233  

Sunac China Holdings Ltd.

     16,000        24,176  

Sunny Optical Technology Group Co., Ltd.

     4,100        129,685  

Tencent Holdings Ltd.

     26,000        1,523,389  

Tencent Music Entertainment Group, ADR*

     2,784        19,070  

Trip.com Group Ltd., ADR*

     3,295        81,123  

Want Want China Holdings Ltd.

     48,000        44,082  

Weibo Corp., ADR*

     751        23,266  

Weichai Power Co., Ltd., Class H

     9,000        17,616  

Wuliangye Yibin Co., Ltd., Class A

     1,900        66,379  

WuXi AppTec Co., Ltd., Class H(a)

     2,240        38,788  

Wuxi Biologics Cayman, Inc.*(a)

     17,000        201,807  

Xiaomi Corp., Class B*(a)

     71,800        174,059  

Xinyi Solar Holdings Ltd.

     28,026        47,523  

XPeng, Inc., ADR*

     1,327        66,788  

Yum China Holdings, Inc.

     1,642        81,837  

Zai Lab Ltd., ADR*

     624        39,218  

Zijin Mining Group Co., Ltd., Class H

     26,000        30,948  

Zoomlion Heavy Industry Science and Technology Co., Ltd., Class H

     28,800        18,138  

ZTE Corp., Class H

     9,800        26,837  

ZTO Express Cayman, Inc., ADR

     1,451        40,947  
     

 

 

 
Total China               8,868,777  
Czech Republic – 0.2%      

CEZ AS

     1,663        62,937  
Hong Kong – 0.1%      

China Youzan Ltd.*

     384,000        26,597  
Hungary – 0.4%      

MOL Hungarian Oil & Gas PLC

     288        2,239  

OTP Bank Nyrt*

     1,728        88,507  

Richter Gedeon Nyrt

     1,392        37,474  
     

 

 

 
Total Hungary               128,220  
India – 12.2%      

Adani Green Energy Ltd.*

     2,400        42,948  

Adani Ports & Special Economic Zone Ltd.

     3,600        35,368  

Ambuja Cements Ltd.

     7,200        36,564  

Apollo Hospitals Enterprise Ltd.

     536        36,149  

Asian Paints Ltd.

     1,466        66,716  

Aurobindo Pharma Ltd.

     1,676        16,557  

Avenue Supermarts Ltd.*(a)

     1,200        75,411  

Axis Bank Ltd.*

     10,297        93,993  

Bajaj Finance Ltd.

     1,327        124,555  

Bandhan Bank Ltd.(a)

     10,800      36,714  

Bharti Airtel Ltd.*

     12,000        110,386  

Britannia Industries Ltd.

     316        15,329  

Cipla Ltd.

     1,440        18,289  

Divi’s Laboratories Ltd.

     519        32,662  

Dr. Reddy’s Laboratories Ltd.

     549        36,240  

GAIL India Ltd.

     2,631        4,573  

Godrej Consumer Products Ltd.*

     2,400        31,264  

Grasim Industries Ltd.

     2,400        52,376  

HCL Technologies Ltd.

     5,407        95,948  

HDFC Life Insurance Co., Ltd.(a)

     1,124        9,822  

Hindalco Industries Ltd.

     9,600        61,414  

Hindustan Unilever Ltd.

     3,740        118,745  

Housing Development Finance Corp., Ltd.

     7,475        260,087  

ICICI Bank Ltd.

     23,173        230,730  

ICICI Lombard General Insurance Co., Ltd.(a)

     122        2,300  

Infosys Ltd.

     16,244        412,516  

ITC Ltd.

     24,000        70,400  

JSW Steel Ltd.

     6,000        52,945  

Kotak Mahindra Bank Ltd.

     1,818        43,927  

Larsen & Toubro Ltd.

     3,696        94,265  

Lupin Ltd.

     1,418        18,136  

Mahindra & Mahindra Ltd.

     6,000        67,571  

Marico Ltd.

     2,400        16,551  

Maruti Suzuki India Ltd.

     744        74,329  

Motherson Sumi Systems Ltd.

     9,600        28,838  

NTPC Ltd.

     17,588        29,433  

Oil & Natural Gas Corp., Ltd.

     2,569        4,921  

Power Grid Corp. of India Ltd.

     14,568        40,057  

Reliance Industries Ltd.

     12,979        413,479  

SBI Life Insurance Co., Ltd.(a)

     2,400        38,614  

Shriram Transport Finance Co., Ltd.

     2,400        39,292  

State Bank of India

     7,482        46,345  

Sun Pharmaceutical Industries Ltd.

     6,000        68,261  

Tata Consultancy Services Ltd.

     4,252        213,834  

Tata Consumer Products Ltd.

     3,600        36,005  

Tata Motors Ltd.*

     10,800        70,086  

Tata Steel Ltd.

     1,984        29,664  

Tech Mahindra Ltd.

     3,600        86,715  

Titan Co., Ltd.

     1,200        40,719  

UltraTech Cement Ltd.

     603        61,577  

UPL Ltd.

     655        6,583  

Vedanta Ltd.

     12,000        55,080  

Wipro Ltd.

     4,800        46,192  
     

 

 

 
Total India               3,851,475  
Indonesia – 1.9%      

Astra International Tbk PT

     153,600        61,429  

Bank Central Asia Tbk PT

     396,700        203,186  

Bank Mandiri Persero Tbk PT

     127,900        63,041  

Bank Rakyat Indonesia Persero Tbk PT

     441,600        127,344  

Charoen Pokphand Indonesia Tbk PT

     76,800        32,062  

Telkom Indonesia Persero Tbk PT

     355,200        100,685  

Unilever Indonesia Tbk PT

     75,100        21,657  
     

 

 

 
Total Indonesia               609,404  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2021

 

 

 

Investments    Shares      Value  
Luxembourg – 0.0%      

Reinet Investments SCA

     816      $ 14,624  
Malaysia – 1.1%      

CIMB Group Holdings Bhd

     43,243        56,571  

Dialog Group Bhd

     14,400        9,056  

Hartalega Holdings Bhd

     14,400        19,806  

Hong Leong Bank Bhd

     3,100        13,855  

IHH Healthcare Bhd

     27,100        47,747  

Malayan Banking Bhd

     50        100  

Petronas Chemicals Group Bhd

     19,200        41,110  

Petronas Gas Bhd

     9,600        41,479  

Press Metal Aluminium Holdings Bhd

     31,900        44,259  

Public Bank Bhd

     55,700        55,620  

Tenaga Nasional Bhd

     7,900        17,711  
     

 

 

 
Total Malaysia               347,314  
Mexico – 2.2%      

America Movil S.A.B. de C.V., Series L

     169,100        179,222  

Cemex S.A.B. de C.V., Series CPO*

     66,500        45,460  

Fibra Uno Administracion S.A. de C.V.

     16,800        17,765  

Fomento Economico Mexicano S.A.B. de C.V.

     10,500        81,742  

Grupo Aeroportuario del Pacifico S.A.B. de C.V., Class B*

     2,400        33,090  

Grupo Aeroportuario del Sureste S.A.B. de C.V., Class B

     1,440        29,747  

Grupo Bimbo S.A.B. de C.V., Series A

     12,000        36,924  

Grupo Financiero Banorte S.A.B. de C.V., Class O

     12,600        81,898  

Grupo Mexico S.A.B. de C.V., Series B

     13,200        57,592  

Grupo Televisa S.A.B., Series CPO

     14,400        27,125  

Wal-Mart de Mexico S.A.B. de C.V.

     30,600        113,773  
     

 

 

 
Total Mexico               704,338  
Philippines – 0.6%      

Ayala Corp.

     1,920        31,289  

Ayala Land, Inc.

     72,000        51,819  

Bank of the Philippine Islands

     10,870        19,644  

BDO Unibank, Inc.

     10,560        24,996  

JG Summit Holdings, Inc.

     19,200        19,956  

SM Investments Corp.

     20        370  

SM Prime Holdings, Inc.

     44,000        29,251  
     

 

 

 
Total Philippines               177,325  
Poland – 1.0%      

Allegro.eu S.A.*(a)

     2,736        26,380  

Bank Polska Kasa Opieki S.A.

     1,392        42,136  

CD Projekt S.A.

     607        29,052  

Dino Polska S.A.*(a)

     528        48,118  

KGHM Polska Miedz S.A.

     1,087        37,596  

Polski Koncern Naftowy Orlen S.A.

     1,567        28,903  

Powszechna Kasa Oszczednosci Bank Polski S.A.*

     6,912        77,053  

Powszechny Zaklad Ubezpieczen S.A.

     4,320        37,890  
     

 

 

 
Total Poland               327,128  
Russia – 4.6%      

Gazprom PJSC, ADR

     35,069        324,038  

Lukoil PJSC, ADR

     2,123        190,008  

Magnit PJSC, GDR(b)

     3,199      47,985  

MMC Norilsk Nickel PJSC, ADR

     2,607        80,634  

Mobile TeleSystems PJSC, ADR

     2,047        16,274  

Novatek PJSC, GDR(b)

     493        115,461  

Novolipetsk Steel PJSC, GDR

     912        26,922  

Polymetal International PLC

     1,423        25,278  

Polyus PJSC, GDR(b)

     463        40,860  

Rosneft Oil Co. PJSC, GDR(b)

     4,205        33,817  

Sberbank of Russia PJSC, ADR

     16,059        257,747  

Severstal PAO, GDR(b)

     1,471        31,685  

Surgutneftegas PJSC, ADR

     7,999        42,755  

Tatneft PJSC, ADR

     1,440        59,774  

TCS Group Holding PLC, GDR(b)

     304        25,633  

X5 Retail Group N.V., GDR(b)

     1,183        31,314  

Yandex N.V., Class A*

     1,645        99,522  
     

 

 

 
Total Russia               1,449,707  
South Africa – 4.3%      

Absa Group Ltd.

     4,512        43,127  

Anglo American Platinum Ltd.

     432        49,176  

AngloGold Ashanti Ltd.

     2,640        54,372  

Aspen Pharmacare Holdings Ltd.

     3,103        43,636  

Bid Corp., Ltd.

     1,168        23,889  

Bidvest Group Ltd. (The)

     2,016        23,931  

Capitec Bank Holdings Ltd.

     275        35,147  

Clicks Group Ltd.

     465        9,193  

Discovery Ltd.*

     2,767        24,891  

Exxaro Resources Ltd.

     1,135        10,871  

FirstRand Ltd.

     16,814        64,053  

Gold Fields Ltd.

     5,808        63,371  

Growthpoint Properties Ltd.

     24,768        23,852  

Impala Platinum Holdings Ltd.

     2,899        40,869  

Mr. Price Group Ltd.

     1,951        24,388  

MTN Group Ltd.*

     8,577        91,741  

MultiChoice Group

     2,383        18,220  

Naspers Ltd., Class N

     2,160        334,556  

Nedbank Group Ltd.

     3,007        32,975  

Northam Platinum Holdings Ltd.*

     3,024        39,695  

Old Mutual Ltd.

     35,359        29,023  

Remgro Ltd.

     3,552        29,188  

Sanlam Ltd.

     10,224        38,026  

Sasol Ltd.*

     4,063        65,935  

Shoprite Holdings Ltd.

     4,255        55,688  

Sibanye Stillwater Ltd.

     4,495        13,829  

Standard Bank Group Ltd.

     2,282        20,019  

Vodacom Group Ltd.

     4,224        35,629  

Woolworths Holdings Ltd.

     6,511        21,157  
     

 

 

 
Total South Africa               1,360,447  
South Korea – 16.8%      

Amorepacific Corp.

     223        31,328  

Celltrion Healthcare Co., Ltd.

     464        31,304  

Celltrion, Inc.

     608        101,269  

CJ CheilJedang Corp.

     31        10,105  

Coway Co., Ltd.

     288        18,025  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2021

 

 

 

Investments    Shares      Value  

E-Mart, Inc.*

     79      $ 10,035  

Hana Financial Group, Inc.

     1,327        46,940  

Hankook Tire & Technology Co., Ltd.

     576        19,236  

Hanon Systems

     1,855        20,988  

Hanwha Solutions Corp.*

     703        20,994  

HLB, Inc.*

     559        16,364  

Hyundai Engineering & Construction Co., Ltd.

     576        21,538  

Hyundai Glovis Co., Ltd.

     79        11,165  

Hyundai Motor Co.

     1,104        194,100  

Hyundai Steel Co.

     336        11,589  

Kakao Corp.*

     576        54,511  

KB Financial Group, Inc.

     2,064        95,495  

Kia Corp.

     1,711        118,313  

Korea Electric Power Corp.*

     1,087        20,208  

Korea Investment Holdings Co., Ltd.

     384        26,068  

Korea Shipbuilding & Offshore Engineering Co., Ltd.*

     288        22,919  

Korean Air Lines Co., Ltd.*

     751        18,542  

KT&G Corp.*

     384        25,519  

Kumho Petrochemical Co., Ltd.

     127        17,735  

LG Chem Ltd.

     319        165,035  

LG Display Co., Ltd.*

     2,352        48,672  

LG Electronics, Inc.*

     720        83,584  

LG Household & Health Care Ltd.

     79        72,903  

Lotte Chemical Corp.

     48        8,762  

NAVER Corp.

     768        244,532  

NCSoft Corp.

     127        68,695  

Orion Corp.

     144        12,538  

POSCO

     384        88,671  

POSCO Chemical Co., Ltd.

     223        27,013  

S-Oil Corp.

     367        26,458  

Samsung Biologics Co., Ltd.*(a)

     127        96,472  

Samsung Electro-Mechanics Co., Ltd.

     655        108,822  

Samsung Electronics Co., Ltd.

     34,735        2,287,908  

Samsung Fire & Marine Insurance Co., Ltd.

     127        21,581  

Samsung Heavy Industries Co., Ltd.*

     2,592        12,363  

Samsung Life Insurance Co., Ltd.

     288        15,530  

Samsung SDI Co., Ltd.*

     432        238,032  

Samsung SDS Co., Ltd.

     480        63,192  

Shinhan Financial Group Co., Ltd.

     1,920        59,437  

SK Hynix, Inc.

     3,775        416,004  

SK Innovation Co., Ltd.*

     384        77,042  

SK Square Co., Ltd.*

     208        11,618  

SK Telecom Co., Ltd.

     335        16,317  

SK, Inc.

     223        47,086  

Yuhan Corp.

     224        11,702  
     

 

 

 
Total South Korea               5,294,259  
Taiwan – 23.1%      

Acer, Inc.

     79,000        86,947  

ASE Technology Holding Co., Ltd.

     31,000        119,330  

Asia Cement Corp.

     31,000        49,637  

AU Optronics Corp.

     79,000        65,388  

Cathay Financial Holding Co., Ltd.

     48,000        108,432  

Chang Hwa Commercial Bank Ltd.

     79,030        48,560  

Cheng Shin Rubber Industry Co., Ltd.

     31,000        40,449  

China Development Financial Holding Corp.

     127,000      80,330  

China Steel Corp.

     96,000        122,659  

Chunghwa Telecom Co., Ltd.

     31,000        130,535  

Compal Electronics, Inc.

     31,000        27,115  

CTBC Financial Holding Co., Ltd.

     144,000        135,063  

E.Sun Financial Holding Co., Ltd.

     127,305        129,067  

Evergreen Marine Corp. Taiwan Ltd.

     7,000        36,054  

Far EasTone Telecommunications Co., Ltd.

     31,000        72,382  

First Financial Holding Co., Ltd.

     96,040        85,047  

Formosa Chemicals & Fibre Corp.

     31,000        90,534  

Formosa Petrochemical Corp.

     31,000        107,453  

Formosa Plastics Corp.

     31,000        116,529  

Fubon Financial Holding Co., Ltd.

     48,276        133,136  

Hon Hai Precision Industry Co., Ltd.

     79,000        296,960  

Hua Nan Financial Holdings Co., Ltd.

     96,105        73,641  

Innolux Corp.

     79,000        55,966  

Lite-On Technology Corp.

     16,000        36,896  

MediaTek, Inc.

     10,000        430,115  

Mega Financial Holding Co., Ltd.

     96,000        123,353  

Nan Ya Plastics Corp.

     31,000        95,688  

Nanya Technology Corp.

     31,000        87,509  

Quanta Computer, Inc.

     31,000        106,108  

SinoPac Financial Holdings Co., Ltd.

     79,000        46,115  

Taishin Financial Holding Co., Ltd.

     48,090        32,938  

Taiwan Cement Corp.

     48,000        83,276  

Taiwan Cooperative Financial Holding Co., Ltd.

     127,100        116,915  

Taiwan Mobile Co., Ltd.

     31,000        112,047  

Taiwan Semiconductor Manufacturing Co., Ltd.

     150,000        3,334,297  

Uni-President Enterprises Corp.

     48,000        119,015  

United Microelectronics Corp.

     79,000        185,600  

Winbond Electronics Corp.

     79,000        97,083  

Yuanta Financial Holding Co., Ltd.

     96,000        87,787  
     

 

 

 
Total Taiwan               7,305,956  
Thailand – 2.9%      

Advanced Info Service PCL, NVDR

     7,900        54,393  

Airports of Thailand PCL, NVDR*

     38,400        70,121  

Bangkok Dusit Medical Services PCL, NVDR

     84,700        58,318  

Central Pattana PCL, NVDR

     22,300        37,717  

Charoen Pokphand Foods PCL, NVDR

     28,800        21,985  

CP ALL PCL, NVDR

     43,200        76,300  

Delta Electronics Thailand PCL, NVDR

     4,800        59,201  

Energy Absolute PCL, NVDR

     19,200        55,177  

Gulf Energy Development PCL, NVDR

     38,400        52,591  

Home Product Center PCL, NVDR

     46,300        20,097  

Intouch Holdings PCL, NVDR

     22,300        53,572  

Kasikornbank PCL, NVDR

     29,800        126,676  

Minor International PCL, NVDR*

     24,000        20,655  

PTT Exploration & Production PCL, NVDR

     4,800        16,955  

PTT Global Chemical PCL, NVDR

     12,700        22,336  

PTT Oil & Retail Business PCL, NVDR

     33,600        27,158  

PTT PCL, NVDR

     62,400        70,983  

Siam Cement PCL (The), NVDR

     4,800        55,465  

Siam Commercial Bank PCL (The), NVDR

     3,100        11,786  
     

 

 

 
Total Thailand               911,486  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2021

 

 

 

Investments    Shares      Value  
Turkey – 0.1%      

BIM Birlesik Magazalar AS

     4,399      $ 20,306  

TOTAL COMMON STOCKS

(Cost: $33,395,231)

              33,716,238  
EXCHANGE-TRADED FUND – 0.5%      
United States – 0.5%      
iShares 1-3 Year Treasury Bond ETF
(Cost: $140,689)
     1,645        140,713  

TOTAL INVESTMENTS IN SECURITIES – 107.3%

(Cost: $33,535,920)

        33,856,951  

Other Assets less Liabilities – (7.3)%

        (2,298,034
     

 

 

 
NET ASSETS – 100.0%             $ 31,558,917  
* 

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) 

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.

 

INVESTMENT IN AFFILIATES

 

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. Investments in affiliates during the six-month fiscal period ended December 31, 2021 were as follows:

 

Affiliate   Value at
6/30/2021
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/
(Loss)
   

Change in
Unrealized
Appreciation/

Depreciation

    Value at
12/31/2021
    Dividend
Income
 

WisdomTree India Earnings Fund^

  $ 67,314     $ 88,347     $ 167,852     $ 14,075     $ (1,884   $  —     $ 237  
^ 

As of December 31, 2021, the Fund did not hold a position in this affiliate.

 

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 N.A.

    1/3/2022       3,316,355       USD       25,853,364       HKD     $ 248     $  

Bank of America N.A.

    1/3/2022       325,393       USD       6,658,289       MXN       43        

Bank of America N.A.

    1/4/2022       231,701       USD       1,473,423       CNH             (3

Bank of America N.A.

    1/5/2022       578,669       USD       9,237,316       ZAR             (110

JP Morgan Chase Bank N.A.

    1/3/2022       69,909,252       HKD       8,967,024       USD             (46

Merrill Lynch International

    1/3/2022       9,893,840       BRL       1,742,824       USD       33,449        

Merrill Lynch International

    1/4/2022       111,525       USD       464,836       MYR             (54

State Street Bank and Trust

    1/3/2022       158,502,648       CLP       187,456       USD             (1,420

State Street Bank and Trust

    1/4/2022       11,914,462       PHP       233,846       USD             (195
                                            $ 33,740     $ (1,828

 

FUTURES CONTRACTS (EXCHANGE-TRADED)  
Long Exposure   Contracts     Expiration
Date
    Notional
Value
    Unrealized
Appreciation/
(Depreciation)
 

2 Year U.S. Treasury Note

    17       3/31/22     $ 3,708,922     $ 733  

5 Year U.S. Treasury Note

    30       3/31/22       3,629,297       5,847  

10 Year U.S. Treasury Note

    28       3/22/22       3,653,125       9,959  

U.S. Treasury Long Bond

    23       3/22/22       3,690,062       27,960  

Ultra 10 Year U.S. Treasury Note

    25       3/22/22       3,660,938       20,158  
      $ 18,342,344     $ 64,657  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (concluded)

WisdomTree Emerging Markets Efficient Core Fund (NTSE)

December 31, 2021

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

   $ 33,716,238      $      $      $ 33,716,238  

Exchange-Traded Fund

     140,713                      140,713  

Total Investments in Securities

   $ 33,856,951      $      $      $ 33,856,951  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 33,740      $      $ 33,740  

Futures Contracts1

     64,657                      64,657  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (1,828    $      $ (1,828

Total – Net

   $ 33,921,608      $ 31,912      $      $ 33,953,520  
1 

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

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 90.6%      
Australia – 5.8%      

Afterpay Ltd.*

     1,290      $ 77,855  

Aristocrat Leisure Ltd.

     3,182        100,798  

ASX Ltd.

     1,333        90,035  

Australia & New Zealand Banking Group Ltd.

     12,943        258,875  

BHP Group Ltd.

     15,050        454,097  

BHP Group PLC

     10,708        319,003  

Brambles Ltd.

     7,052        54,502  

Cochlear Ltd.

     602        94,592  

Coles Group Ltd.

     6,364        83,007  

Commonwealth Bank of Australia

     8,514        625,201  

CSL Ltd.

     2,322        490,797  

Dexus

     1,032        8,343  

Fortescue Metals Group Ltd.

     7,740        108,102  

Goodman Group

     10,062        193,863  

Insurance Australia Group Ltd.

     14,921        46,214  

Macquarie Group Ltd.

     1,591        237,594  

National Australia Bank Ltd.

     14,448        302,947  

Newcrest Mining Ltd.

     3,956        70,410  

Northern Star Resources Ltd.

     6,751        46,187  

QBE Insurance Group Ltd.

     8,643        71,322  

Ramsay Health Care Ltd.

     860        44,706  

Santos Ltd.

     4,085        18,741  

Scentre Group

     13,418        30,828  

Sonic Healthcare Ltd.

     3,053        103,504  

South32 Ltd.

     23,134        67,446  

Stockland

     4,945        15,244  

Tabcorp Holdings Ltd.

     9,073        33,115  

Telstra Corp., Ltd.

     31,347        95,266  

Transurban Group

     13,201        132,641  

Wesfarmers Ltd.

     5,977        257,693  

Westpac Banking Corp.

     17,630        273,662  

Woodside Petroleum Ltd.

     3,612        57,590  

Woolworths Group Ltd.

     6,880        190,130  
     

 

 

 
Total Australia               5,054,310  
Austria – 0.1%      

Erste Group Bank AG

     1,505        70,770  
Belgium – 0.6%      

Ageas S.A./N.V.

     860        44,547  

Anheuser-Busch InBev S.A./N.V.*

     3,827        231,399  

KBC Group N.V.

     1,290        110,699  

Solvay S.A.

     215        24,988  

UCB S.A.

     516        58,885  

Umicore S.A.

     1,290        52,445  
     

 

 

 
Total Belgium               522,963  
China – 0.5%      

BOC Hong Kong Holdings Ltd.

     43,000        140,919  

Prosus N.V.*

     2,537        212,140  

WH Group Ltd.(a)

     86,000        53,941  

Wilmar International Ltd.

     8,600        26,410  
     

 

 

 
Total China               433,410  
Denmark – 2.6%      

Ambu A/S, Class B

     1,161      30,710  

AP Moller – Maersk A/S, Class B

     43        154,176  

Carlsberg A/S, Class B

     301        51,983  

Chr Hansen Holding A/S

     516        40,663  

Coloplast A/S, Class B

     731        128,647  

Danske Bank A/S

     1,164        20,102  

DSV A/S

     1,118        261,113  

Genmab A/S*

     301        121,040  

GN Store Nord A/S

     817        51,379  

Novo Nordisk A/S, Class B

     8,428        947,147  

Novozymes A/S, Class B

     1,032        84,766  

Orsted A/S(a)

     1,161        148,261  

Pandora A/S

     473        58,971  

Vestas Wind Systems A/S

     6,149        188,036  
     

 

 

 
Total Denmark               2,286,994  
Finland – 1.0%      

Elisa Oyj

     516        31,757  

Fortum Oyj

     604        18,539  

Kesko Oyj, Class B

     1,763        58,823  

Kone Oyj, Class B

     2,021        144,884  

Neste Oyj

     2,236        110,255  

Nokia Oyj*

     31,949        202,517  

Nordea Bank Abp

     10,102        123,292  

Sampo Oyj, Class A

     1,763        88,335  

Stora Enso Oyj, Class R

     1,938        35,571  

UPM-Kymmene Oyj

     1,849        70,356  
     

 

 

 
Total Finland               884,329  
France – 10.6%      

Air Liquide S.A.

     2,365        412,351  

Airbus SE*

     3,053        390,099  

Alstom S.A.

     1,679        59,610  

Arkema S.A.

     86        12,112  

Atos SE

     430        18,284  

AXA S.A.

     9,546        284,257  

BNP Paribas S.A.

     5,203        359,567  

Bouygues S.A.

     427        15,291  

Bureau Veritas S.A.

     387        12,842  

Capgemini SE

     946        231,833  

Carrefour S.A.

     2,881        52,764  

Cie de Saint-Gobain

     2,709        190,601  

Cie Generale des Etablissements Michelin SCA

     645        105,733  

Credit Agricole S.A.

     3,697        52,763  

Danone S.A.

     2,924        181,521  

Dassault Systemes SE

     4,730        281,373  

Edenred

     946        43,645  

Eiffage S.A.

     131        13,476  

Electricite de France S.A.

     2,705        31,776  

Engie S.A.

     9,801        145,050  

EssilorLuxottica S.A.

     1,290        274,679  

Hermes International

     172        300,439  

Kering S.A.

     387        311,104  

L’Oreal S.A.

     1,376        652,438  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited) (continued)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2021

 

 

 

Investments    Shares      Value  

Legrand S.A.

     1,376      $ 161,017  

LVMH Moet Hennessy Louis Vuitton SE

     1,419        1,173,150  

Orange S.A.

     5,892        63,071  

Pernod Ricard S.A.

     1,075        258,557  

Publicis Groupe S.A.

     989        66,582  

Renault S.A.*

     1,071        37,202  

Safran S.A.

     1,850        226,497  

Sanofi

     5,375        541,441  

Sartorius Stedim Biotech

     129        70,767  

Schneider Electric SE

     3,010        590,326  

Societe Generale S.A.

     3,701        127,126  

Sodexo S.A.

     344        30,146  

Teleperformance

     301        134,180  

Thales S.A.

     387        32,919  

TotalEnergies SE

     12,644        641,724  

Unibail-Rodamco-Westfield*

     727        50,943  

Valeo

     1,330        40,202  

Veolia Environnement S.A.

     2,408        88,340  

Vinci S.A.

     2,707        286,014  

Vivendi SE

     4,085        55,235  

Worldline S.A.*(a)

     1,591        88,673  
     

 

 

 
Total France               9,197,720  
Germany – 8.5%

 

adidas AG

     989        284,772  

Allianz SE, Registered Shares

     2,192        517,618  

BASF SE

     4,558        320,228  

Bayer AG, Registered Shares

     4,690        250,673  

Bayerische Motoren Werke AG

     1,333        134,141  

Beiersdorf AG

     473        48,615  

Brenntag SE

     645        58,371  

Continental AG*

     473        50,083  

Covestro AG(a)

     1,161        71,560  

Daimler AG, Registered Shares

     3,784        290,851  

Daimler Truck Holding AG*

     528        19,388  

Delivery Hero SE*(a)

     817        91,051  

Deutsche Bank AG, Registered Shares*

     9,460        118,531  

Deutsche Boerse AG

     1,032        172,635  

Deutsche Post AG, Registered Shares

     5,375        345,598  

Deutsche Telekom AG, Registered Shares

     13,932        258,248  

Deutsche Wohnen SE, Bearer Shares

     1,204        50,632  

E.ON SE

     7,525        104,332  

Fresenius Medical Care AG & Co. KGaA

     946        61,471  

Fresenius SE & Co. KGaA

     1,806        72,704  

Hannover Rueck SE

     173        32,884  

HeidelbergCement AG

     605        40,950  

HelloFresh SE*

     860        66,053  

Henkel AG & Co. KGaA, Preference Shares

     1,333        107,840  

Infineon Technologies AG

     10,409        482,481  

Just Eat Takeaway.com N.V.*(a)

     688        37,923  

Knorr-Bremse AG

     301        29,746  

Merck KGaA

     774        199,804  

MTU Aero Engines AG

     301        61,408  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     688        203,813  

Porsche Automobil Holding SE, Preference Shares

     645      61,203  

Puma SE

     516        63,080  

RWE AG

     3,909        158,787  

SAP SE

     5,762        818,413  

Sartorius AG, Preference Shares

     215        145,525  

Scout24 SE(a)

     860        60,068  

Siemens AG, Registered Shares

     4,042        701,803  

Siemens Energy AG*

     2,279        58,287  

Siemens Healthineers AG(a)

     1,634        122,306  

Symrise AG

     559        82,831  

Volkswagen AG, Preference Shares

     1,118        225,646  

Vonovia SE

     2,919        160,995  

Zalando SE*(a)

     1,075        86,968  
     

 

 

 
Total Germany               7,330,316  
Hong Kong – 2.0%

 

AIA Group Ltd.

     60,200        606,919  

CK Asset Holdings Ltd.

     21,500        135,542  

Hang Seng Bank Ltd.

     8,600        157,411  

Hong Kong & China Gas Co., Ltd.

     86,100        134,070  

Hong Kong Exchanges & Clearing Ltd.

     4,400        257,014  

Link REIT

     17,200        151,454  

MTR Corp., Ltd.

     21,500        115,410  

Power Assets Holdings Ltd.

     21,500        134,025  
     

 

 

 
Total Hong Kong               1,691,845  
Ireland – 0.9%

 

CRH PLC

     3,566        188,650  

Experian PLC

     4,988        245,378  

Flutter Entertainment PLC*

     943        149,061  

Kerry Group PLC, Class A

     555        71,477  

Kingspan Group PLC

     903        107,824  

Smurfit Kappa Group PLC

     605        33,327  
     

 

 

 
Total Ireland               795,717  
Israel – 0.6%

 

Bank Hapoalim BM

     5,547        57,209  

Bank Leumi Le-Israel BM

     8,084        86,881  

Check Point Software Technologies Ltd.*

     1,161        135,326  

Nice Ltd.*

     516        157,781  

Teva Pharmaceutical Industries Ltd., ADR*

     3,268        26,177  

Wix.com Ltd.*

     387        61,065  
     

 

 

 
Total Israel               524,439  
Italy – 1.7%

 

Assicurazioni Generali SpA

     4,904        103,896  

Atlantia SpA*

     2,407        47,778  

Enel SpA

     43,086        345,236  

Eni SpA

     12,042        167,343  

Ferrari N.V.

     688        177,994  

FinecoBank Banca Fineco SpA

     3,870        67,929  

Intesa Sanpaolo SpA

     67,854        175,470  

Moncler SpA

     1,161        84,525  

Nexi SpA*(a)

     3,741        59,517  

Prysmian SpA

     1,247        46,953  

Snam SpA

     2,408        14,513  

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2021

 

 

 

Investments    Shares      Value  

Telecom Italia SpA

     48,891      $ 24,141  

Terna – Rete Elettrica Nazionale

     1,075        8,697  

UniCredit SpA

     9,374        144,381  
     

 

 

 
Total Italy               1,468,373  
Japan – 20.6%

 

Aeon Co., Ltd.

     4,300        101,157  

Ajinomoto Co., Inc.

     4,300        130,581  

Asahi Group Holdings Ltd.

     4,300        167,063  

Asahi Kasei Corp.

     12,900        121,097  

Astellas Pharma, Inc.

     17,200        279,385  

Bridgestone Corp.

     4,300        184,800  

Canon, Inc.

     8,600        209,184  

Chubu Electric Power Co., Inc.

     8,600        90,515  

Chugai Pharmaceutical Co., Ltd.

     4,300        139,469  

Dai-ichi Life Holdings, Inc.

     8,600        173,673  

Daiichi Sankyo Co., Ltd.

     12,900        327,667  

Daikin Industries Ltd.

     100        22,656  

Daiwa House Industry Co., Ltd.

     4,300        123,524  

ENEOS Holdings, Inc.

     43,000        160,678  

FANUC Corp.

     200        42,343  

Hitachi Ltd.

     4,300        232,634  

Honda Motor Co., Ltd.

     8,600        241,223  

Hoya Corp.

     300        44,575  

ITOCHU Corp.

     8,600        262,731  

Japan Exchange Group, Inc.

     4,300        94,025  

Japan Post Holdings Co., Ltd.

     21,500        167,437  

Japan Tobacco, Inc.

     8,600        173,449  

Kao Corp.

     4,300        224,755  

KDDI Corp.

     8,600        251,081  

Keyence Corp.

     500        313,838  

Kirin Holdings Co., Ltd.

     8,600        137,938  

Komatsu Ltd.

     8,600        201,156  

Kubota Corp.

     8,600        190,700  

Kyowa Kirin Co., Ltd.

     4,300        117,064  

M3, Inc.

     3,900        196,194  

Marubeni Corp.

     21,500        209,016  

MINEBEA MITSUMI, Inc.

     4,300        121,918  

MISUMI Group, Inc.

     4,300        176,249  

Mitsubishi Chemical Holdings Corp.

     21,500        159,073  

Mitsubishi Corp.

     8,600        272,738  

Mitsubishi Electric Corp.

     17,200        217,847  

Mitsubishi Estate Co., Ltd.

     12,900        178,621  

Mitsubishi Heavy Industries Ltd.

     4,300        99,290  

Mitsubishi UFJ Financial Group, Inc.

     86,000        466,687  

Mitsui Fudosan Co., Ltd.

     8,600        170,163  

Mizuho Financial Group, Inc.

     17,200        218,519  

MS&AD Insurance Group Holdings, Inc.

     4,300        132,523  

Murata Manufacturing Co., Ltd.

     4,300        341,931  

Nexon Co., Ltd.

     4,300        83,046  

Nidec Corp.

     300        35,222  

Nihon M&A Center Holdings, Inc.

     4,300        105,339  

Nippon Paint Holdings Co., Ltd.

     8,600        93,651  

Nippon Steel Corp.

     8,600        140,290  

Nippon Telegraph & Telephone Corp.

     8,600      235,248  

Nissan Motor Co., Ltd.*

     34,400        166,033  

Nomura Holdings, Inc.

     38,700        168,606  

Nomura Research Institute Ltd.

     4,300        184,278  

NTT Data Corp.

     8,600        184,166  

Odakyu Electric Railway Co., Ltd.

     4,300        79,760  

Olympus Corp.

     8,600        197,870  

Ono Pharmaceutical Co., Ltd.

     4,300        106,646  

Otsuka Holdings Co., Ltd.

     4,300        155,675  

Pan Pacific International Holdings Corp.

     4,300        59,260  

Panasonic Corp.

     21,500        236,182  

Rakuten Group Inc.

     12,900        129,274  

Recruit Holdings Co., Ltd.

     8,600        520,683  

Renesas Electronics Corp.*

     12,900        159,409  

Resona Holdings, Inc.

     34,400        133,651  

Sekisui House Ltd.

     8,600        184,390  

Seven & I Holdings Co., Ltd.

     4,300        188,796  

Shimadzu Corp.

     4,300        181,290  

Shin-Etsu Chemical Co., Ltd.

     200        34,597  

Shiseido Co., Ltd.

     200        11,140  

SoftBank Corp.

     21,500        271,562  

SoftBank Group Corp.

     8,600        405,822  

Sompo Holdings, Inc.

     4,300        181,440  

Sony Group Corp.

     8,300        1,043,311  

Subaru Corp.

     8,600        153,621  

Sumitomo Chemical Co., Ltd.

     25,800        121,433  

Sumitomo Corp.

     12,900        190,495  

Sumitomo Electric Industries Ltd.

     8,600        111,986  

Sumitomo Mitsui Financial Group, Inc.

     8,600        294,471  

Sumitomo Mitsui Trust Holdings, Inc.

     4,300        143,501  

Sumitomo Realty & Development Co., Ltd.

     4,300        126,324  

Suzuki Motor Corp.

     4,300        165,383  

Takeda Pharmaceutical Co., Ltd.

     8,600        234,277  

Terumo Corp.

     4,300        181,477  

Tokio Marine Holdings, Inc.

     4,300        238,683  

Tokyo Electron Ltd.

     400        230,229  

Tokyo Gas Co., Ltd.

     4,300        76,997  

Toray Industries, Inc.

     21,500        127,295  

Toshiba Corp.

     4,300        176,623  

Toyota Motor Corp.

     64,500        1,179,321  

Unicharm Corp.

     4,300        186,668  

Yamato Holdings Co., Ltd.

     4,300        100,933  

Z Holdings Corp.

     38,700        224,292  
     

 

 

 
Total Japan               17,827,813  
Luxembourg – 0.2%

 

ArcelorMittal S.A.

     2,924        93,587  

Eurofins Scientific SE

     645        79,804  
     

 

 

 
Total Luxembourg               173,391  
Macau – 0.1%

 

Sands China Ltd.*

     34,400        80,128  
Netherlands – 4.4%

 

Adyen N.V.*(a)

     86        226,063  

Aegon N.V.

     6,491        32,427  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Schedule of Investments (unaudited) (continued)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2021

 

 

 

Investments    Shares      Value  

Akzo Nobel N.V.

     817      $ 89,657  

Argenx SE*

     301        107,926  

ASM International N.V.

     516        228,087  

ASML Holding N.V.

     2,236        1,796,982  

EXOR N.V.

     304        27,297  

Heineken N.V.

     1,118        125,690  

ING Groep N.V.

     17,713        246,593  

Koninklijke Ahold Delhaize N.V.

     4,300        147,359  

Koninklijke DSM N.V.

     817        183,960  

Koninklijke KPN N.V.

     15,394        47,792  

Koninklijke Philips N.V.

     4,558        169,833  

QIAGEN N.V.*

     817        45,516  

Randstad N.V.

     258        17,616  

Stellantis N.V.

     10,320        195,825  

Wolters Kluwer N.V.

     946        111,452  
     

 

 

 
Total Netherlands               3,800,075  
New Zealand – 0.1%

 

Xero Ltd.*

     1,032        106,125  
Norway – 0.5%

 

DNB Bank ASA

     3,739        85,649  

Equinor ASA

     5,117        136,886  

Mowi ASA

     2,365        55,971  

Norsk Hydro ASA

     6,837        53,900  

Telenor ASA

     1,720        27,034  

Yara International ASA

     645        32,549  
     

 

 

 
Total Norway               391,989  
Portugal – 0.1%

 

EDP – Energias de Portugal S.A.

     17,845        98,057  
Singapore – 0.8%

 

DBS Group Holdings Ltd.

     12,900        312,513  

Oversea-Chinese Banking Corp., Ltd.

     17,200        145,444  

Singapore Telecommunications Ltd.

     73,100        125,796  

United Overseas Bank Ltd.

     4,300        85,799  
     

 

 

 
Total Singapore               669,552  
Spain – 2.1%

 

ACS Actividades de Construccion y Servicios S.A.

     1,376        36,882  

Aena SME S.A.*(a)

     387        61,085  

Amadeus IT Group S.A.*

     2,537        172,066  

Banco Bilbao Vizcaya Argentaria S.A.

     31,992        191,002  

Banco Santander S.A.

     82,087        274,494  

CaixaBank S.A.

     13,545        37,184  

Cellnex Telecom S.A.(a)

     2,193        127,637  

Endesa S.A.

     989        22,719  

Ferrovial S.A.

     2,198        68,888  

Grifols S.A.

     989        18,979  

Iberdrola S.A.

     34,227        405,188  

Industria de Diseno Textil S.A.

     5,504        178,573  

Repsol S.A.

     6,965        82,659  

Siemens Gamesa Renewable Energy S.A.*

     1,935        46,364  

Telefonica S.A.

     21,579        94,527  
     

 

 

 
Total Spain               1,818,247  
Sweden – 2.8%

 

Alfa Laval AB

     1,720      69,227  

Assa Abloy AB, Class B

     5,461        166,595  

Atlas Copco AB, Class A

     5,590        386,380  

Boliden AB

     1,332        51,492  

Epiroc AB, Class A

     5,977        151,309  

EQT AB

     1,333        72,584  

Essity AB, Class B

     2,408        78,566  

Evolution AB(a)

     903        128,281  

H & M Hennes & Mauritz AB, Class B

     4,386        86,268  

Hexagon AB, Class B

     15,136        240,150  

Kinnevik AB, Class B*

     1,634        58,249  

Nibe Industrier AB, Class B

     7,095        107,163  

Sandvik AB

     6,364        177,554  

Skandinaviska Enskilda Banken AB, Class A

     3,011        41,853  

Skanska AB, Class B

     817        21,134  

SKF AB, Class B

     2,150        50,937  

Svenska Cellulosa AB SCA, Class B

     3,311        58,786  

Svenska Handelsbanken AB, Class A

     4,045        43,721  

Swedbank AB, Class A

     2,235        44,953  

Swedish Match AB

     5,461        43,440  

Telefonaktiebolaget LM Ericsson, Class B

     16,942        186,732  

Telia Co. AB

     3,182        12,443  

Volvo AB, Class B

     8,256        191,175  
     

 

 

 
Total Sweden               2,468,992  
Switzerland – 10.5%

 

ABB Ltd., Registered Shares

     11,180        428,230  

Adecco Group AG, Registered Shares

     556        28,436  

Alcon, Inc.

     2,666        236,243  

Cie Financiere Richemont S.A., Registered Shares

     2,709        407,175  

Credit Suisse Group AG, Registered Shares

     9,721        94,655  

Geberit AG, Registered Shares

     258        211,010  

Givaudan S.A., Registered Shares

     43        226,149  

Glencore PLC*

     51,471        261,396  

Holcim Ltd., Registered Shares*

     1,720        87,798  

Julius Baer Group Ltd.

     602        40,422  

Kuehne + Nagel International AG, Registered Shares

     344        111,149  

Logitech International S.A., Registered Shares

     1,290        108,846  

Lonza Group AG, Registered Shares

     387        323,480  

Nestle S.A., Registered Shares

     14,319        2,002,759  

Novartis AG, Registered Shares

     10,320        909,279  

Partners Group Holding AG

     129        214,139  

Roche Holding AG

     3,612        1,502,836  

Schindler Holding AG, Participation Certificate

     430        115,859  

Sika AG, Registered Shares

     817        340,914  

Sonova Holding AG, Registered Shares

     344        135,086  

STMicroelectronics N.V.

     5,762        284,184  

Straumann Holding AG, Registered Shares

     43        91,413  

Swatch Group AG (The), Bearer Shares

     215        65,834  

Swiss Life Holding AG, Registered Shares

     86        52,762  

Swiss Re AG

     1,118        110,751  

Swisscom AG, Registered Shares

     172        97,142  

Temenos AG, Registered Shares

     430        59,487  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2021

 

 

 

Investments    Shares      Value  

UBS Group AG, Registered Shares

     14,147      $ 254,946  

Zurich Insurance Group AG

     688        302,338  
     

 

 

 
Total Switzerland               9,104,718  
United Kingdom – 13.5%

 

Abrdn PLC

     8,558        27,924  

Admiral Group PLC

     946        40,451  

Anglo American PLC

     6,364        259,971  

Antofagasta PLC

     1,807        32,760  

Ashtead Group PLC

     2,494        200,721  

Associated British Foods PLC

     2,493        67,803  

AstraZeneca PLC

     6,880        808,670  

Aviva PLC

     13,977        77,693  

BAE Systems PLC

     14,362        106,950  

Barclays PLC

     87,419        221,417  

Barratt Developments PLC

     5,335        54,050  

BP PLC

     102,254        457,736  

British American Tobacco PLC

     11,095        410,780  

BT Group PLC

     48,332        110,993  

Bunzl PLC

     1,634        63,850  

Burberry Group PLC

     1,806        44,459  

CK Hutchison Holdings Ltd.

     21,500        138,713  

CNH Industrial N.V.

     5,977        116,025  

Coca-Cola Europacific Partners PLC

     688        38,480  

Compass Group PLC*

     9,933        222,121  

Croda International PLC

     817        111,986  

DCC PLC

     430        35,236  

Diageo PLC

     11,868        648,771  

Entain PLC*

     3,483        79,396  

Ferguson PLC

     1,376        244,241  

GlaxoSmithKline PLC

     23,134        503,410  

Halma PLC

     3,827        165,871  

HSBC Holdings PLC*

     104,020        632,102  

Imperial Brands PLC

     3,350        73,347  

Informa PLC*

     8,256        57,768  

InterContinental Hotels Group PLC*

     860        55,690  

Intertek Group PLC

     817        62,301  

James Hardie Industries PLC

     2,924        117,562  

Johnson Matthey PLC

     903        25,024  

Kingfisher PLC

     9,503        43,544  

Legal & General Group PLC

     32,595        131,341  

Lloyds Banking Group PLC

     331,358        214,530  

London Stock Exchange Group PLC

     1,892        177,590  

Melrose Industries PLC

     23,388      50,653  

Mondi PLC

     2,104        52,037  

National Grid PLC

     16,580        237,997  

Natwest Group PLC

     14,107        43,125  

Next PLC

     559        61,707  

Ocado Group PLC*

     2,795        63,524  

Pearson PLC

     3,526        29,285  

Persimmon PLC

     1,374        53,151  

Prudential PLC

     14,745        254,535  

Reckitt Benckiser Group PLC

     3,741        321,349  

RELX PLC

     9,288        302,175  

Rentokil Initial PLC

     8,299        65,645  

Rio Tinto Ltd.

     1,806        131,450  

Rio Tinto PLC

     5,805        384,638  

Rolls-Royce Holdings PLC*

     48,203        80,227  

Royal Dutch Shell PLC, Class A

     37,837        831,145  

Sage Group PLC (The)

     7,826        90,375  

Segro PLC

     4,038        78,566  

Smith & Nephew PLC

     5,375        94,169  

Smiths Group PLC

     1,759        37,631  

Spirax-Sarco Engineering PLC

     387        84,130  

SSE PLC

     4,687        104,684  

St. James’s Place PLC

     3,053        69,615  

Standard Chartered PLC

     14,188        86,169  

Taylor Wimpey PLC

     16,598        39,454  

Tesco PLC

     33,580        131,854  

Unilever PLC

     13,588        726,140  

United Utilities Group PLC

     559        8,245  

Vodafone Group PLC

     133,039        202,287  

Whitbread PLC*

     1,075        43,608  

WPP PLC

     5,289        80,197  
     

 

 

 
Total United Kingdom               11,721,044  

TOTAL INVESTMENTS IN SECURITIES – 90.6%

(Cost: $78,194,879)

        78,521,317  

Other Assets less Liabilities – 9.4%

        8,186,496  
     

 

 

 
NET ASSETS – 100.0%             $ 86,707,813  
* 

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.

 

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 N.A.

    1/3/2022       11,863,452       HKD       1,521,685       USD     $     $ (8

JP Morgan Chase Bank N.A.

    1/4/2022       21,762,000       JPY       189,343       USD             (363

UBS AG

    1/5/2022       63,000,000       JPY       547,436       USD             (347
                                            $     $ (718

 

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Schedule of Investments (unaudited) (concluded)

WisdomTree International Efficient Core Fund (NTSI)

December 31, 2021

 

FUTURES CONTRACTS (EXCHANGE-TRADED)  
Long Exposure   Contracts     Expiration
Date
    Notional
Value
    Unrealized
Appreciation/
(Depreciation)
 

2 Year U.S. Treasury Note

    46       3/31/22     $ 10,035,906     $ 760  

5 Year U.S. Treasury Note

    82       3/31/22       9,920,078       20,431  

10 Year U.S. Treasury Note

    76       3/22/22       9,915,625       40,833  

U.S. Treasury Long Bond

    61       3/22/22       9,786,688       85,812  

Ultra 10 Year U.S. Treasury Note

    67       3/22/22       9,811,312       72,592  
      $ 49,469,609     $ 220,428  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

   $ 78,521,317      $      $      $ 78,521,317  

Total Investments in Securities

   $ 78,521,317      $      $      $ 78,521,317  

Financial Derivative Instruments

  

Futures Contracts1

   $ 220,428      $      $      $ 220,428  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (718    $      $ (718

Total – Net

   $ 78,741,745      $ (718    $      $ 78,741,027  
1 

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

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 90.4%

 

Argentina – 0.1%

 

Internet & Direct Marketing Retail – 0.1%

 

MercadoLibre, Inc.*

     846      $ 1,140,746  
China – 0.2%

 

Hotels, Restaurants & Leisure – 0.1%

 

Yum China Holdings, Inc.

     7,969        397,175  
Semiconductors & Semiconductor Equipment – 0.1%

 

NXP Semiconductors N.V.

     5,236        1,192,656  
Total China

 

     1,589,831  
Ireland – 0.1%

 

Technology Hardware, Storage & Peripherals – 0.1%

 

Seagate Technology Holdings PLC

     5,370        606,703  
Russia – 0.0%

 

Interactive Media & Services – 0.0%

 

Yandex N.V., Class A*

     6,341        383,630  
South Korea – 0.1%

 

Internet & Direct Marketing Retail – 0.1%

 

Coupang, Inc.*

     18,149        533,218  
United Kingdom – 0.4%

 

Chemicals – 0.4%

 

Linde PLC

     11,415        3,954,498  
United States – 89.5%

 

Aerospace & Defense – 1.2%

 

Boeing Co. (The)*

     12,511        2,518,714  

General Dynamics Corp.

     4,883        1,017,959  

Howmet Aerospace, Inc.

     7,570        240,953  

L3Harris Technologies, Inc.

     4,469        952,970  

Lockheed Martin Corp.

     5,860        2,082,703  

Northrop Grumman Corp.

     3,271        1,266,106  

Raytheon Technologies Corp.

     33,193        2,856,590  

TransDigm Group, Inc.*

     944        600,648  
     

 

 

 
Total Aerospace & Defense

 

     11,536,643  
Air Freight & Logistics – 0.5%

 

Expeditors International of Washington, Inc.

     3,221        432,548  

FedEx Corp.

     5,184        1,340,790  

United Parcel Service, Inc., Class B

     15,960        3,420,866  
     

 

 

 
Total Air Freight & Logistics

 

     5,194,204  
Airlines – 0.1%

 

Delta Air Lines, Inc.*

     13,321        520,585  

Southwest Airlines Co.*

     10,773        461,515  

United Airlines Holdings, Inc.*

     5,684        248,846  
     

 

 

 
Total Airlines

 

     1,230,946  
Auto Components – 0.1%

 

Aptiv PLC*

     5,691        938,730  
Automobiles – 2.3%

 

Ford Motor Co.

     84,880        1,762,958  

General Motors Co.*

     26,966        1,581,017  

Lucid Group, Inc.*

     11,379        432,971  

Tesla, Inc.*

     17,766        18,774,753  
     

 

 

 
Total Automobiles

 

     22,551,699  
Banks – 3.5%

 

Bank of America Corp.

     161,725      7,195,145  

Citigroup, Inc.

     44,285        2,674,371  

Citizens Financial Group, Inc.

     9,175        433,519  

Fifth Third Bancorp

     13,416        584,267  

First Republic Bank

     4,063        839,050  

Huntington Bancshares, Inc.

     27,527        424,466  

JPMorgan Chase & Co.

     65,100        10,308,585  

KeyCorp

     19,890        460,056  

M&T Bank Corp.

     2,560        393,165  

PNC Financial Services Group, Inc. (The)

     9,189        1,842,578  

Regions Financial Corp.

     20,628        449,691  

Signature Bank

     893        288,859  

SVB Financial Group*

     1,165        790,150  

Truist Financial Corp.

     28,906        1,692,446  

U.S. Bancorp

     28,647        1,609,102  

Wells Fargo & Co.

     89,984        4,317,432  
     

 

 

 
Total Banks

 

     34,302,882  
Beverages – 1.3%

 

Brown-Forman Corp., Class B

     6,697        487,943  

Coca-Cola Co. (The)

     84,509        5,003,778  

Constellation Brands, Inc., Class A

     3,536        887,430  

Keurig Dr. Pepper, Inc.

     17,820        656,845  

Monster Beverage Corp.*

     8,012        769,473  

PepsiCo, Inc.

     30,247        5,254,206  
     

 

 

 
Total Beverages

 

     13,059,675  
Biotechnology – 1.6%

 

AbbVie, Inc.

     38,772        5,249,729  

Alnylam Pharmaceuticals, Inc.*

     1,771        300,326  

Amgen, Inc.

     11,050        2,485,919  

Biogen, Inc.*

     2,592        621,873  

Exact Sciences Corp.*

     3,139        244,308  

Gilead Sciences, Inc.

     23,427        1,701,034  

Horizon Therapeutics PLC*

     4,460        480,610  

Moderna, Inc.*

     7,207        1,830,434  

Novavax, Inc.*

     1,302        186,277  

Regeneron Pharmaceuticals, Inc.*

     1,739        1,098,213  

Seagen, Inc.*

     3,402        525,949  

Vertex Pharmaceuticals, Inc.*

     4,801        1,054,300  
     

 

 

 
Total Biotechnology

 

     15,778,972  
Building Products – 0.4%

 

Carrier Global Corp.

     14,654        794,833  

Johnson Controls International PLC

     16,023        1,302,830  

Masco Corp.

     5,809        407,908  

Trane Technologies PLC

     5,173        1,045,101  
     

 

 

 
Total Building Products

 

     3,550,672  
Capital Markets – 3.0%

 

Ameriprise Financial, Inc.

     2,518        759,580  

Apollo Global Management, Inc.

     4,158        301,164  

Bank of New York Mellon Corp. (The)

     16,443        955,009  

BlackRock, Inc.

     3,038        2,781,471  

Blackstone, Inc.

     14,966        1,936,451  

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2021

 

 

 

Investments    Shares      Value  

Charles Schwab Corp. (The)

     35,936      $ 3,022,218  

CME Group, Inc.

     7,262        1,659,077  

Coinbase Global, Inc., Class A*

     3,096        781,338  

FactSet Research Systems, Inc.

     589        286,260  

Goldman Sachs Group, Inc. (The)

     7,445        2,848,085  

Intercontinental Exchange, Inc.

     11,885        1,625,511  

KKR & Co., Inc.

     11,995        893,627  

MarketAxess Holdings, Inc.

     820        337,241  

Moody’s Corp.

     3,454        1,349,063  

Morgan Stanley

     30,892        3,032,359  

MSCI, Inc.

     1,828        1,119,997  

Nasdaq, Inc.

     2,187        459,292  

Northern Trust Corp.

     4,871        582,620  

Raymond James Financial, Inc.

     3,572        358,629  

S&P Global, Inc.

     5,319        2,510,196  

State Street Corp.

     8,067        750,231  

T. Rowe Price Group, Inc.

     4,838        951,344  
     

 

 

 
Total Capital Markets

 

     29,300,763  
Chemicals – 1.0%

 

Air Products & Chemicals, Inc.

     4,371        1,329,920  

Albemarle Corp.

     2,316        541,411  

Celanese Corp.

     2,580        433,595  

Corteva, Inc.

     15,951        754,163  

Dow, Inc.

     15,357        871,049  

DuPont de Nemours, Inc.

     11,836        956,112  

Ecolab, Inc.

     5,724        1,342,793  

International Flavors & Fragrances, Inc.

     4,726        711,972  

LyondellBasell Industries N.V., Class A

     4,569        421,399  

PPG Industries, Inc.

     5,206        897,723  

Sherwin-Williams Co. (The)

     5,379        1,894,269  
     

 

 

 
Total Chemicals

 

     10,154,406  
Commercial Services & Supplies – 0.4%

 

Cintas Corp.

     2,105        932,873  

Copart, Inc.*

     4,955        751,277  

Republic Services, Inc.

     4,269        595,312  

Waste Connections, Inc.

     4,702        640,741  

Waste Management, Inc.

     8,861        1,478,901  
     

 

 

 
Total Commercial Services & Supplies

 

     4,399,104  
Communications Equipment – 0.8%

 

Arista Networks, Inc.*

     5,039        724,356  

Cisco Systems, Inc.

     92,330        5,850,952  

Motorola Solutions, Inc.

     3,461        940,354  
     

 

 

 
Total Communications Equipment

 

     7,515,662  
Construction & Engineering – 0.0%

 

Quanta Services, Inc.

     2,530        290,090  
Construction Materials – 0.1%

 

Martin Marietta Materials, Inc.

     1,311        577,522  

Vulcan Materials Co.

     2,748        570,430  
     

 

 

 
Total Construction Materials

 

     1,147,952  
Consumer Finance – 0.6%

 

Ally Financial, Inc.

     7,448        354,599  

American Express Co.

     14,195        2,322,302  

Capital One Financial Corp.

     9,412      1,365,587  

Discover Financial Services

     6,331        731,610  

Synchrony Financial

     11,154        517,434  

Upstart Holdings, Inc.*

     1,218        184,284  
     

 

 

 
Total Consumer Finance

 

     5,475,816  
Containers & Packaging – 0.2%

 

Amcor PLC

     29,808        357,994  

Avery Dennison Corp.

     1,371        296,918  

Ball Corp.

     6,094        586,669  

Crown Holdings, Inc.

     2,497        276,218  

International Paper Co.

     6,728        316,082  
     

 

 

 
Total Containers & Packaging

 

     1,833,881  
Distributors – 0.1%

 

Genuine Parts Co.

     2,727        382,325  

LKQ Corp.

     5,621        337,429  

Pool Corp.

     816        461,856  
     

 

 

 
Total Distributors

 

     1,181,610  
Diversified Financial Services – 1.1%

 

Berkshire Hathaway, Inc., Class A*

     6        2,703,972  

Berkshire Hathaway, Inc., Class B*

     27,157        8,119,943  
     

 

 

 
Total Diversified Financial Services

 

     10,823,915  
Diversified Telecommunication Services – 0.9%

 

AT&T, Inc.

     153,588        3,778,265  

Verizon Communications, Inc.

     89,099        4,629,584  
     

 

 

 
Total Diversified Telecommunication Services

 

     8,407,849  
Electric Utilities – 1.4%

 

Alliant Energy Corp.

     5,732        352,346  

American Electric Power Co., Inc.

     9,792        871,194  

Duke Energy Corp.

     16,294        1,709,241  

Edison International

     7,562        516,106  

Entergy Corp.

     4,491        505,911  

Evergy, Inc.

     4,793        328,848  

Eversource Energy

     6,586        599,194  

Exelon Corp.

     19,518        1,127,360  

FirstEnergy Corp.

     11,525        479,325  

NextEra Energy, Inc.

     42,055        3,926,255  

PG&E Corp.*

     28,258        343,052  

PPL Corp.

     17,176        516,311  

Southern Co. (The)

     21,690        1,487,500  

Xcel Energy, Inc.

     9,862        667,657  
     

 

 

 
Total Electric Utilities

 

     13,430,300  
Electrical Equipment – 0.5%

 

AMETEK, Inc.

     5,262        773,724  

Eaton Corp. PLC

     8,306        1,435,443  

Emerson Electric Co.

     13,375        1,243,474  

Generac Holdings, Inc.*

     1,223        430,398  

Rockwell Automation, Inc.

     2,561        893,405  
     

 

 

 
Total Electrical Equipment

 

     4,776,444  
Electronic Equipment, Instruments & Components – 0.6%

 

Amphenol Corp., Class A

     11,452        1,001,592  

CDW Corp.

     3,128        640,552  

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2021

 

 

 

Investments    Shares      Value  

Cognex Corp.

     3,042      $ 236,546  

Corning, Inc.

     18,006        670,364  

Keysight Technologies, Inc.*

     3,587        740,751  

TE Connectivity Ltd.

     7,054        1,138,092  

Teledyne Technologies, Inc.*

     775        338,590  

Trimble, Inc.*

     4,562        397,761  

Zebra Technologies Corp., Class A*

     976        580,915  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     5,745,163  
Energy Equipment & Services – 0.2%

 

Baker Hughes Co.

     12,397        298,272  

Halliburton Co.

     19,821        453,306  

Schlumberger N.V.

     30,064        900,417  
     

 

 

 
Total Energy Equipment & Services

 

     1,651,995  
Entertainment – 1.6%

 

Activision Blizzard, Inc.

     16,366        1,088,830  

AMC Entertainment Holdings, Inc., Class A*

     9,571        260,331  

Electronic Arts, Inc.

     5,622        741,542  

Netflix, Inc.*

     8,968        5,402,682  

ROBLOX Corp., Class A*

     5,614        579,140  

Roku, Inc.*

     2,215        505,463  

Spotify Technology S.A.*

     2,145        501,994  

Take-Two Interactive Software, Inc.*

     2,637        468,648  

Walt Disney Co. (The)*

     39,680        6,146,035  
     

 

 

 
Total Entertainment

 

     15,694,665  
Equity Real Estate Investment Trusts (REITs) – 2.4%

 

Alexandria Real Estate Equities, Inc.

     2,636        587,723  

American Tower Corp.

     9,726        2,844,855  

AvalonBay Communities, Inc.

     2,744        693,107  

Boston Properties, Inc.

     2,604        299,929  

Camden Property Trust

     1,630        291,248  

Crown Castle International Corp.

     9,177        1,915,607  

Digital Realty Trust, Inc.

     5,265        931,221  

Duke Realty Corp.

     8,454        554,921  

Equinix, Inc.

     1,840        1,556,346  

Equity LifeStyle Properties, Inc.

     3,044        266,837  

Equity Residential

     7,018        635,129  

Essex Property Trust, Inc.

     1,288        453,672  

Extra Space Storage, Inc.

     2,980        675,655  

Healthpeak Properties, Inc.

     11,646        420,304  

Invitation Homes, Inc.

     12,706        576,090  

Kimco Realty Corp.

     11,443        282,070  

Mid-America Apartment Communities, Inc.

     2,294        526,335  

Prologis, Inc.

     15,419        2,595,943  

Public Storage

     3,163        1,184,733  

Realty Income Corp.

     7,367        527,403  

SBA Communications Corp.

     2,167        843,006  

Simon Property Group, Inc.

     6,971        1,113,757  

Sun Communities, Inc.

     2,290        480,831  

UDR, Inc.

     4,896        293,711  

Ventas, Inc.

     7,402        378,390  

VICI Properties, Inc.

     14,033        422,534  

W.P. Carey, Inc.

     3,541        290,539  

Welltower, Inc.

     8,979      770,129  

Weyerhaeuser Co.

     15,593        642,120  
     

 

 

 
Total Equity Real Estate Investment Trusts (REITs)

 

     23,054,145  
Food & Staples Retailing – 1.3%

 

Costco Wholesale Corp.

     9,692        5,502,148  

Kroger Co. (The)

     14,729        666,635  

Sysco Corp.

     11,459        900,104  

Walgreens Boots Alliance, Inc.

     16,435        857,250  

Walmart, Inc.

     30,554        4,420,858  
     

 

 

 
Total Food & Staples Retailing

 

     12,346,995  
Food Products – 0.6%

 

Archer-Daniels-Midland Co.

     11,005        743,828  

Conagra Brands, Inc.

     9,679        330,538  

General Mills, Inc.

     13,551        913,066  

Hershey Co. (The)

     2,986        577,701  

Kellogg Co.

     5,236        337,303  

Kraft Heinz Co. (The)

     13,753        493,733  

McCormick & Co., Inc., Non-Voting Shares

     4,420        427,016  

Mondelez International, Inc., Class A

     29,660        1,966,755  

Tyson Foods, Inc., Class A

     5,847        509,625  
     

 

 

 
Total Food Products

 

     6,299,565  
Health Care Equipment & Supplies – 2.5%

 

Abbott Laboratories

     38,850        5,467,749  

ABIOMED, Inc.*

     806        289,491  

Align Technology, Inc.*

     1,607        1,056,088  

Baxter International, Inc.

     9,785        839,944  

Becton, Dickinson and Co.

     6,093        1,532,268  

Boston Scientific Corp.*

     29,661        1,259,999  

Cooper Cos., Inc. (The)

     923        386,682  

DexCom, Inc.*

     1,786        958,993  

Edwards Lifesciences Corp.*

     13,186        1,708,246  

Hologic, Inc.*

     4,093        313,360  

IDEXX Laboratories, Inc.*

     1,770        1,165,474  

Intuitive Surgical, Inc.*

     7,021        2,522,645  

Medtronic PLC

     29,555        3,057,465  

ResMed, Inc.

     2,710        705,901  

STERIS PLC

     1,839        447,631  

Stryker Corp.

     7,392        1,976,769  

Teleflex, Inc.

     840        275,923  

Zimmer Biomet Holdings, Inc.

     4,536        576,253  
     

 

 

 
Total Health Care Equipment & Supplies

 

     24,540,881  
Health Care Providers & Services – 2.4%

 

AmerisourceBergen Corp.

     3,561        473,221  

Anthem, Inc.

     5,176        2,399,283  

Cardinal Health, Inc.

     6,660        342,923  

Centene Corp.*

     10,329        851,110  

Cigna Corp.

     7,001        1,607,640  

CVS Health Corp.

     29,141        3,006,186  

HCA Healthcare, Inc.

     5,199        1,335,727  

Humana, Inc.

     2,520        1,168,927  

Laboratory Corp. of America Holdings*

     2,228        700,060  

McKesson Corp.

     3,428        852,098  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2021

 

 

 

Investments    Shares      Value  

Quest Diagnostics, Inc.

     2,746      $ 475,085  

UnitedHealth Group, Inc.

     19,532        9,807,799  
     

 

 

 
Total Health Care Providers & Services

 

     23,020,059  
Health Care Technology – 0.2%

 

Cerner Corp.

     7,013        651,297  

Teladoc Health, Inc.*

     3,202        294,008  

Veeva Systems, Inc., Class A*

     2,732        697,971  
     

 

 

 
Total Health Care Technology

 

     1,643,276  
Hotels, Restaurants & Leisure – 1.8%

 

Airbnb, Inc., Class A*

     7,073        1,177,584  

Booking Holdings, Inc.*

     876        2,101,726  

Caesars Entertainment, Inc.*

     3,509        328,197  

Carnival Corp.*

     16,928        340,591  

Chipotle Mexican Grill, Inc.*

     533        931,817  

Darden Restaurants, Inc.

     2,292        345,267  

Domino’s Pizza, Inc.

     792        446,949  

DraftKings, Inc., Class A*

     7,951        218,414  

Expedia Group, Inc.*

     2,959        534,751  

Hilton Worldwide Holdings, Inc.*

     5,600        873,544  

Marriott International, Inc., Class A*

     6,158        1,017,548  

McDonald’s Corp.

     16,378        4,390,450  

MGM Resorts International

     8,319        373,357  

Royal Caribbean Cruises Ltd.*

     4,377        336,591  

Starbucks Corp.

     25,992        3,040,284  

Yum! Brands, Inc.

     5,627        781,365  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     17,238,435  
Household Durables – 0.2%

 

D.R. Horton, Inc.

     7,112        771,297  

Garmin Ltd.

     3,048        415,046  

Lennar Corp., Class A

     5,270        612,163  

NVR, Inc.*

     47        277,717  
     

 

 

 
Total Household Durables

 

     2,076,223  
Household Products – 1.2%

 

Church & Dwight Co., Inc.

     4,533        464,633  

Clorox Co. (The)

     2,724        474,957  

Colgate-Palmolive Co.

     18,433        1,573,072  

Kimberly-Clark Corp.

     6,699        957,421  

Procter & Gamble Co. (The)

     52,395        8,570,774  
     

 

 

 
Total Household Products

 

     12,040,857  
Industrial Conglomerates – 0.8%

 

3M Co.

     12,795        2,272,776  

General Electric Co.

     20,843        1,969,038  

Honeywell International, Inc.

     14,764        3,078,442  

Roper Technologies, Inc.

     1,880        924,697  
     

 

 

 
Total Industrial Conglomerates

 

     8,244,953  
Insurance – 1.5%

 

Aflac, Inc.

     14,159        826,744  

Allstate Corp. (The)

     6,121        720,136  

American International Group, Inc.

     16,344        929,320  

Aon PLC, Class A

     4,808        1,445,092  

Arthur J. Gallagher & Co.

     4,422        750,281  

Athene Holding Ltd., Class A*

     3,542      295,155  

Chubb Ltd.

     8,707        1,683,150  

Cincinnati Financial Corp.

     2,762        314,675  

Hartford Financial Services Group, Inc. (The)

     7,181        495,776  

Markel Corp.*

     349        430,666  

Marsh & McLennan Cos., Inc.

     10,009        1,739,764  

MetLife, Inc.

     16,440        1,027,335  

Principal Financial Group, Inc.

     4,791        346,533  

Progressive Corp. (The)

     12,232        1,255,615  

Prudential Financial, Inc.

     8,037        869,925  

Travelers Cos., Inc. (The)

     4,507        705,030  

Willis Towers Watson PLC

     2,651        629,586  
     

 

 

 
Total Insurance

 

     14,464,783  
Interactive Media & Services – 5.8%

 

Alphabet, Inc., Class A*

     6,569        19,030,656  

Alphabet, Inc., Class C*

     6,144        17,778,217  

Match Group, Inc.*

     5,279        698,148  

Meta Platforms, Inc., Class A*

     49,254        16,566,583  

Pinterest, Inc., Class A*

     11,601        421,696  

Snap, Inc., Class A*

     23,369        1,099,044  

Twitter, Inc.*

     17,498        756,263  
     

 

 

 
Total Interactive Media & Services

 

     56,350,607  
Internet & Direct Marketing Retail – 3.4%

 

Amazon.com, Inc.*

     9,427        31,432,823  

DoorDash, Inc., Class A*

     3,887        578,774  

eBay, Inc.

     14,023        932,530  

Etsy, Inc.*

     2,604        570,120  

Wayfair, Inc., Class A*

     1,003        190,540  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     33,704,787  
IT Services – 4.6%

 

Accenture PLC, Class A

     14,497        6,009,731  

Affirm Holdings, Inc.*

     3,434        345,323  

Akamai Technologies, Inc.*

     3,575        418,418  

Automatic Data Processing, Inc.

     9,354        2,306,509  

Block, Inc.*

     8,809        1,422,742  

Broadridge Financial Solutions, Inc.

     2,623        479,537  

Cloudflare, Inc., Class A*

     3,666        482,079  

Cognizant Technology Solutions Corp., Class A

     11,944        1,059,672  

EPAM Systems, Inc.*

     1,215        812,167  

Fidelity National Information Services, Inc.

     13,121        1,432,157  

Fiserv, Inc.*

     12,137        1,259,699  

FleetCor Technologies, Inc.*

     1,656        370,679  

Gartner, Inc.*

     1,898        634,539  

Global Payments, Inc.

     5,667        766,065  

International Business Machines Corp.

     19,370        2,588,994  

MasterCard, Inc., Class A

     19,022        6,834,985  

MongoDB, Inc.*

     952        503,941  

Okta, Inc.*

     2,745        615,347  

Paychex, Inc.

     6,961        950,177  

PayPal Holdings, Inc.*

     25,658        4,838,586  

Snowflake, Inc., Class A*

     5,743        1,945,441  

Twilio, Inc., Class A*

     3,505        923,007  

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2021

 

 

 

Investments    Shares      Value  

VeriSign, Inc.*

     1,859      $ 471,851  

Visa, Inc., Class A

     36,786        7,971,894  
     

 

 

 
Total IT Services

 

     45,443,540  
Leisure Products – 0.0%

 

Peloton Interactive, Inc., Class A*

     4,837        172,971  
Life Sciences Tools & Services – 1.8%

 

Agilent Technologies, Inc.

     6,026        962,051  

Avantor, Inc.*

     10,619        447,485  

Bio-Rad Laboratories, Inc., Class A*

     400        302,228  

Bio-Techne Corp.

     743        384,384  

Charles River Laboratories International, Inc.*

     917        345,507  

Danaher Corp.

     14,466        4,759,459  

Illumina, Inc.*

     2,637        1,003,220  

IQVIA Holdings, Inc.*

     4,087        1,153,106  

Mettler-Toledo International, Inc.*

     441        748,470  

PerkinElmer, Inc.

     1,830        367,940  

Repligen Corp.*

     873        231,205  

Thermo Fisher Scientific, Inc.

     8,469        5,650,855  

Waters Corp.*

     1,276        475,438  

West Pharmaceutical Services, Inc.

     1,348        632,226  
     

 

 

 
Total Life Sciences Tools & Services

 

     17,463,574  
Machinery – 1.3%

 

Caterpillar, Inc.

     11,972        2,475,091  

Cummins, Inc.

     3,125        681,688  

Deere & Co.

     6,232        2,136,890  

Dover Corp.

     3,144        570,950  

Fortive Corp.

     7,181        547,838  

IDEX Corp.

     1,387        327,776  

Illinois Tool Works, Inc.

     6,048        1,492,646  

Ingersoll Rand, Inc.

     6,282        388,667  

Otis Worldwide Corp.

     8,784        764,823  

PACCAR, Inc.

     7,226        637,767  

Parker-Hannifin Corp.

     2,971        945,135  

Stanley Black & Decker, Inc.

     3,445        649,796  

Westinghouse Air Brake Technologies Corp.

     3,937        362,637  

Xylem, Inc.

     3,643        436,869  
     

 

 

 
Total Machinery

 

     12,418,573  
Media – 0.8%

 

Charter Communications, Inc., Class A*

     2,618        1,706,857  

Comcast Corp., Class A

     100,133        5,039,694  

Liberty Broadband Corp., Class C*

     3,396        547,096  

Omnicom Group, Inc.

     4,513        330,667  

ViacomCBS, Inc., Class B

     11,471        346,195  
     

 

 

 
Total Media

 

     7,970,509  
Metals & Mining – 0.3%

 

Freeport-McMoRan, Inc.

     31,152        1,299,973  

Newmont Corp.

     15,532        963,294  

Nucor Corp.

     5,605        639,811  
     

 

 

 
Total Metals & Mining

 

     2,903,078  
Multi-Utilities – 0.5%

 

Ameren Corp.

     4,906        436,683  

CenterPoint Energy, Inc.

     9,794        273,351  

CMS Energy Corp.

     4,853      315,688  

Consolidated Edison, Inc.

     6,641        566,610  

Dominion Energy, Inc.

     16,999        1,335,441  

DTE Energy Co.

     3,475        415,401  

Public Service Enterprise Group, Inc.

     9,663        644,812  

Sempra Energy

     5,370        710,344  

WEC Energy Group, Inc.

     6,469        627,946  
     

 

 

 
Total Multi-Utilities

 

     5,326,276  
Multiline Retail – 0.4%

 

Dollar General Corp.

     4,567        1,077,036  

Dollar Tree, Inc.*

     5,299        744,615  

Target Corp.

     10,144        2,347,727  
     

 

 

 
Total Multiline Retail

 

     4,169,378  
Oil, Gas & Consumable Fuels – 2.1%

 

Cheniere Energy, Inc.

     5,884        596,755  

Chevron Corp.

     41,756        4,900,067  

ConocoPhillips

     28,222        2,037,064  

Devon Energy Corp.

     11,959        526,794  

Diamondback Energy, Inc.

     3,085        332,717  

EOG Resources, Inc.

     9,671        859,075  

Exxon Mobil Corp.

     92,549        5,663,073  

Hess Corp.

     5,744        425,228  

Kinder Morgan, Inc.

     44,828        710,972  

Marathon Petroleum Corp.

     13,670        874,743  

Occidental Petroleum Corp.

     18,964        549,766  

ONEOK, Inc.

     8,340        490,059  

Phillips 66

     9,398        680,979  

Pioneer Natural Resources Co.

     5,022        913,402  

Valero Energy Corp.

     8,881        667,052  

Williams Cos., Inc. (The)

     26,583        692,221  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     20,919,967  
Personal Products – 0.2%

 

Estee Lauder Cos., Inc. (The), Class A

     4,909        1,817,312  
Pharmaceuticals – 3.3%

 

Bristol-Myers Squibb Co.

     48,952        3,052,157  

Catalent, Inc.*

     2,740        350,802  

Eli Lilly & Co.

     17,382        4,801,256  

Johnson & Johnson

     57,422        9,823,181  

Merck & Co., Inc.

     54,439        4,172,205  

Pfizer, Inc.

     121,952        7,201,266  

Royalty Pharma PLC, Class A

     6,655        265,202  

Viatris, Inc.

     23,286        315,060  

Zoetis, Inc.

     10,524        2,568,172  
     

 

 

 
Total Pharmaceuticals

 

     32,549,301  
Professional Services – 0.4%

 

CoStar Group, Inc.*

     7,143        564,511  

Equifax, Inc.

     2,177        637,404  

IHS Markit Ltd.

     8,462        1,124,769  

Jacobs Engineering Group, Inc.

     3,015        419,779  

Leidos Holdings, Inc.

     2,548        226,517  

TransUnion

     3,261        386,689  

Verisk Analytics, Inc.

     3,259        745,431  
     

 

 

 
Total Professional Services

 

     4,105,100  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2021

 

 

 

Investments    Shares      Value  
Real Estate Management & Development – 0.1%

 

CBRE Group, Inc., Class A*

     7,054      $ 765,430  
Road & Rail – 1.0%

 

CSX Corp.

     43,415        1,632,404  

JB Hunt Transport Services, Inc.

     1,412        288,613  

Lyft, Inc. , Class A*

     4,754        203,138  

Norfolk Southern Corp.

     5,227        1,556,130  

Old Dominion Freight Line, Inc.

     2,162        774,818  

Uber Technologies, Inc.*

     37,169        1,558,496  

Union Pacific Corp.

     14,324        3,608,645  
     

 

 

 
Total Road & Rail

 

     9,622,244  
Semiconductors & Semiconductor Equipment – 5.4%

 

Advanced Micro Devices, Inc.*

     26,700        3,842,130  

Analog Devices, Inc.

     11,523        2,025,398  

Applied Materials, Inc.

     18,947        2,981,500  

Broadcom, Inc.

     6,918        4,603,306  

Enphase Energy, Inc.*

     2,505        458,265  

Entegris, Inc.

     2,269        314,438  

Intel Corp.

     84,432        4,348,248  

KLA Corp.

     2,968        1,276,566  

Lam Research Corp.

     2,783        2,001,394  

Marvell Technology, Inc.

     13,782        1,205,787  

Microchip Technology, Inc.

     10,966        954,700  

Micron Technology, Inc.

     25,046        2,333,035  

Monolithic Power Systems, Inc.

     863        425,744  

NVIDIA Corp.

     50,683        14,906,377  

ON Semiconductor Corp.*

     7,664        520,539  

Qorvo, Inc.*

     2,144        335,300  

QUALCOMM, Inc.

     24,794        4,534,079  

Skyworks Solutions, Inc.

     3,478        539,577  

Teradyne, Inc.

     3,240        529,837  

Texas Instruments, Inc.

     20,263        3,818,968  

Xilinx, Inc.

     5,175        1,097,255  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     53,052,443  
Software – 9.5%

 

Adobe, Inc.*

     10,241        5,807,261  

ANSYS, Inc.*

     1,768        709,180  

Atlassian Corp. PLC, Class A*

     2,334        889,931  

Autodesk, Inc.*

     4,587        1,289,819  

Avalara, Inc.*

     1,484        191,599  

Bill.com Holdings, Inc.*

     1,400        348,810  

Cadence Design Systems, Inc.*

     5,936        1,106,174  

Coupa Software, Inc.*

     1,308        206,729  

Crowdstrike Holdings, Inc., Class A*

     4,592        940,212  

Datadog, Inc., Class A*

     4,065        724,017  

DocuSign, Inc.*

     3,890        592,486  

Dynatrace, Inc.*

     3,724        224,743  

Fortinet, Inc.*

     2,764        993,382  

HubSpot, Inc.*

     842        555,004  

Intuit, Inc.

     5,363        3,449,589  

Microsoft Corp.

     163,262        54,908,276  

Nuance Communications, Inc.*

     6,109        337,950  

Oracle Corp.

     34,883        3,042,146  

Palantir Technologies, Inc., Class A*

     33,986      618,885  

Palo Alto Networks, Inc.*

     2,199        1,224,315  

Paycom Software, Inc.*

     999        414,775  

RingCentral, Inc., Class A*

     1,386        259,667  

salesforce.com, Inc.*

     19,653        4,994,417  

ServiceNow, Inc.*

     3,942        2,558,792  

Splunk, Inc.*

     3,256        376,784  

SS&C Technologies Holdings, Inc.

     5,422        444,496  

Synopsys, Inc.*

     3,005        1,107,343  

Trade Desk, Inc. (The), Class A*

     8,451        774,450  

Tyler Technologies, Inc.*

     823        442,733  

Unity Software, Inc.*

     2,059        294,416  

Workday, Inc., Class A*

     3,828        1,045,733  

Zendesk, Inc.*

     2,127        221,825  

Zoom Video Communications, Inc., Class A*

     4,439        816,376  

Zscaler, Inc.*

     1,703        547,225  
     

 

 

 
Total Software

 

     92,459,540  
Specialty Retail – 2.2%

 

Advance Auto Parts, Inc.

     1,039        249,235  

AutoZone, Inc.*

     428        897,255  

Bath & Body Works, Inc.

     5,148        359,279  

Best Buy Co., Inc.

     4,870        494,792  

Burlington Stores, Inc.*

     1,250        364,388  

CarMax, Inc.*

     3,194        415,955  

Carvana Co.*

     1,249        289,506  

Home Depot, Inc. (The)

     23,028        9,556,850  

Lowe’s Cos., Inc.

     15,478        4,000,753  

O’Reilly Automotive, Inc.*

     1,617        1,141,974  

Ross Stores, Inc.

     6,956        794,932  

TJX Cos., Inc. (The)

     26,484        2,010,665  

Tractor Supply Co.

     2,564        611,770  

Ulta Beauty, Inc.*

     1,019        420,174  
     

 

 

 
Total Specialty Retail

 

     21,607,528  
Technology Hardware, Storage & Peripherals – 6.4%

 

Apple, Inc.

     341,222        60,590,791  

Dell Technologies, Inc., Class C*

     6,341        356,174  

Hewlett Packard Enterprise Co.

     27,520        433,990  

HP, Inc.

     24,940        939,490  

NetApp, Inc.

     3,091        284,341  

Western Digital Corp.*

     7,081        461,752  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     63,066,538  
Textiles, Apparel & Luxury Goods – 0.6%

 

lululemon athletica, Inc.*

     2,209        864,713  

NIKE, Inc., Class B

     27,454        4,575,758  

VF Corp.

     6,982        511,222  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     5,951,693  
Tobacco – 0.5%

 

Altria Group, Inc.

     38,096        1,805,369  

Philip Morris International, Inc.

     32,599        3,096,905  
     

 

 

 
Total Tobacco

 

     4,902,274  
Trading Companies & Distributors – 0.2%

 

Fastenal Co.

     11,233        719,586  

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Efficient Core Fund (NTSX)

December 31, 2021

 

 

 

Investments    Shares      Value  

United Rentals, Inc.*

     1,648      $ 547,614  

W.W. Grainger, Inc.

     963        499,065  
     

 

 

 
Total Trading Companies & Distributors

 

     1,766,265  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     3,874        731,644  
Wireless Telecommunication Services – 0.2%

 

T-Mobile U.S., Inc.*

     14,058        1,630,447  
Total United States

 

     875,815,229  

TOTAL INVESTMENTS IN SECURITIES – 90.4%

(Cost: $705,317,758)

 

 

     884,023,855  

Other Assets less Liabilities – 9.6%

 

     94,302,349  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 978,326,204  
* 

Non-income producing security.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FUTURES CONTRACTS (EXCHANGE-TRADED)  
Long Exposure   Contracts     Expiration
Date
    Notional
Value
    Unrealized
Appreciation/
(Depreciation)
 

2 Year U.S. Treasury Note

    526       3/31/22     $ 114,758,407     $ (113,646

5 Year U.S. Treasury Note

    951       3/31/22       115,048,711       392,855  

10 Year U.S. Treasury Note

    881       3/22/22       114,942,969       1,137,987  

U.S. Treasury Long Bond

    718       3/22/22       115,194,125       1,498,827  

Ultra 10 Year U.S. Treasury Note

    785       3/22/22       114,953,437       1,688,869  
      $ 574,897,649     $ 4,604,892  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

   $ 884,023,855      $      $      $ 884,023,855  

Total Investments in Securities

   $ 884,023,855      $      $      $ 884,023,855  

Financial Derivative Instruments

  

Futures Contracts1

   $ 4,718,538      $      $      $ 4,718,538  

Liabilities:

 

     

Financial Derivative Instruments

  

Futures Contracts1

   $ (113,646    $      $      $ (113,646

Total – Net

   $ 888,628,747      $      $      $ 888,628,747  
1 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      93  


Schedule of Investments (unaudited)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

Australia – 2.9%

 

IT Services – 1.6%

 

Appen Ltd.

     2,376      $ 19,279  
Software – 1.3%

 

BrainChip Holdings Ltd.*

     32,750        16,191  
Total Australia               35,470  
Canada – 3.1%

 

Machinery – 1.6%

 

ATS Automation Tooling Systems, Inc.*

     500        19,887  
Software – 1.5%

 

Kinaxis, Inc.*

     131        18,390  
Total Canada

 

     38,277  
China – 8.4%

 

Auto Components – 1.6%

 

Nexteer Automotive Group Ltd.

     16,000        19,866  
Automobiles – 1.1%

 

NIO, Inc., ADR*

     439        13,908  
Interactive Media & Services – 2.0%

 

Baidu, Inc., ADR*

     87        12,945  

Tencent Holdings Ltd.

     200        11,718  
     

 

 

 
Total Interactive Media & Services

 

     24,663  
Internet & Direct Marketing Retail – 0.8%

 

Alibaba Group Holding Ltd., ADR*

     83        9,860  
Semiconductors & Semiconductor Equipment – 1.7%

 

NXP Semiconductors N.V.

     90        20,500  
Technology Hardware, Storage & Peripherals – 1.2%

 

Xiaomi Corp., Class B*

     5,800        14,060  
Total China

 

     102,857  
Germany – 1.5%

 

Auto Components – 1.5%

 

Continental AG*

     174        18,424  
Israel – 1.3%

 

Health Care Equipment & Supplies – 0.6%

 

Nano-X Imaging Ltd.*

     508        7,387  
Technology Hardware, Storage & Peripherals – 0.7%

 

Nano Dimension Ltd., ADR*

     2,234        8,489  
Total Israel

 

     15,876  
Italy – 0.7%

 

Software – 0.7%

 

Kaleyra, Inc.*

     864        8,675  
Japan – 11.1%

 

Auto Components – 2.0%

 

Denso Corp.

     300        24,825  
Commercial Services & Supplies – 0.5%

 

MetaReal Corp.

     500        6,487  
Electronic Equipment, Instruments & Components – 1.6%

 

Omron Corp.

     200        19,904  
IT Services – 0.9%

 

Neural Pocket, Inc.*

     800      10,303  
Machinery – 1.7%

 

FANUC Corp.

     100        21,171  
Software – 3.2%

 

AI inside, Inc.*

     300        15,527  

PKSHA Technology, Inc.*

     1,100        23,995  
     

 

 

 
Total Software

 

     39,522  
Wireless Telecommunication Services – 1.2%

 

SoftBank Group Corp.

     300        14,156  
Total Japan

 

     136,368  
Netherlands – 1.4%

 

Semiconductors & Semiconductor Equipment – 1.4%

 

ASML Holding N.V., Registered shares

     22        17,515  
South Korea – 5.5%

 

Semiconductors & Semiconductor Equipment – 2.1%

 

SK Hynix, Inc.

     229        25,236  
Software – 1.6%

 

Alchera, Inc.*

     687        19,736  
Technology Hardware, Storage & Peripherals – 1.8%

 

Samsung Electronics Co., Ltd.

     344        22,658  
Total South Korea

 

     67,630  
Sweden – 2.2%

 

Electronic Equipment, Instruments & Components – 2.2%

 

Hexagon AB, Class B

     1,226        19,452  

Smart Eye AB*

     349        7,578  
Total Electronic Equipment, Instruments & Components

 

     27,030  
Switzerland – 1.6%

 

Semiconductors & Semiconductor Equipment – 1.6%

 

STMicroelectronics N.V.

     411        20,271  
Taiwan – 6.8%

 

Semiconductors & Semiconductor Equipment – 6.8%

 

Alchip Technologies Ltd.

     500        18,433  

Macronix International Co., Ltd.

     15,000        22,879  

Nanya Technology Corp.

     8,000        22,583  

Taiwan Semiconductor Manufacturing Co., Ltd., ADR

     164        19,731  
Total Semiconductors & Semiconductor Equipment

 

     83,626  
United Kingdom – 1.2%

 

Software – 1.2%

 

Darktrace PLC*

     2,548        14,502  
United States – 52.3%

 

Auto Components – 1.6%

 

Luminar Technologies, Inc.*

     1,171        19,802  
Automobiles – 1.3%

 

Tesla, Inc.*

     15        15,852  
Biotechnology – 1.0%

 

Recursion Pharmaceuticals, Inc., Class A*

     732        12,539  

 

See Notes to Financial Statements.

 

94   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)

December 31, 2021

 

 

 

Investments    Shares      Value  
Consumer Finance – 0.5%

 

Upstart Holdings, Inc.*

     44      $ 6,657  
Electrical Equipment – 0.9%

 

Stem, Inc.*

     568        10,775  
Electronic Equipment, Instruments & Components – 3.7%

 

Cognex Corp.

     204        15,863  

FARO Technologies, Inc.*

     219        15,334  

Velodyne Lidar, Inc.*

     3,060        14,199  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     45,396  
Health Care Equipment & Supplies – 0.9%

 

Stereotaxis, Inc.*

     1,751        10,856  
Insurance – 0.7%

 

Lemonade, Inc.*

     201        8,464  
Interactive Media & Services – 1.2%

 

Alphabet, Inc., Class A*

     5        14,485  
Internet & Direct Marketing Retail – 1.4%

 

Amazon.com, Inc.*

     4        13,337  

Remark Holdings, Inc.*

     4,628        4,589  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     17,926  
IT Services – 3.5%

 

Grid Dynamics Holdings, Inc.*

     680        25,819  

Twilio, Inc., Class A*

     64        16,854  
     

 

 

 
Total IT Services

 

     42,673  
Life Sciences Tools & Services – 1.0%

 

Illumina, Inc.*

     32        12,174  
Semiconductors & Semiconductor Equipment – 15.2%

 

Advanced Micro Devices, Inc.*

     144        20,722  

Analog Devices, Inc.

     103        18,104  

Ceva, Inc.*

     416        17,988  

Lattice Semiconductor Corp.*

     243        18,726  

Marvell Technology, Inc.

     276      24,147  

NVIDIA Corp.

     66        19,411  

ON Semiconductor Corp.*

     331        22,481  

QUALCOMM, Inc.

     125        22,859  

Teradyne, Inc.

     136        22,240  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     186,678  
Software – 18.1%

 

Appian Corp.*

     193        12,586  

Autodesk, Inc.*

     44        12,372  

C3.ai, Inc., Class A*

     412        12,875  

Cadence Design Systems, Inc.*

     109        20,312  

Cerence, Inc.*

     182        13,948  

Crowdstrike Holdings, Inc., Class A*

     71        14,537  

Dynatrace, Inc.*

     256        15,450  

Microsoft Corp.

     40        13,453  

Pegasystems, Inc.

     163        18,227  

PROS Holdings, Inc.*

     653        22,522  

Synopsys, Inc.*

     58        21,373  

UiPath, Inc., Class A*

     346        14,923  

Veritone, Inc.*

     629        14,140  

Yext, Inc.*

     1,601        15,882  
     

 

 

 
Total Software

 

     222,600  
Technology Hardware, Storage & Peripherals – 1.3%

 

Apple, Inc.

     89        15,804  
Total United States

 

     642,681  

TOTAL INVESTMENTS IN SECURITIES – 100.0%

(Cost: $1,249,485)

 

 

     1,229,202  

Other Assets less Liabilities – (0.0)%

 

     (184
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,229,018  
* 

Non-income producing security.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

   $ 1,229,202      $      $      $ 1,229,202  

Total Investments in Securities

   $ 1,229,202      $      $      $ 1,229,202  

 

See Notes to Financial Statements.

 

WisdomTree Trust      95  


Schedule of Investments (unaudited)

WisdomTree BioRevolution Fund (WDNA)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

Denmark – 3.3%

 

Biotechnology – 1.0%

 

Genmab A/S, ADR*

     1,080      $ 42,725  
Chemicals – 2.3%

 

Chr Hansen Holding A/S

     448        35,304  

Novozymes A/S, Class B

     772        63,410  
     

 

 

 
Total Chemicals

 

     98,714  
Total Denmark

 

     141,439  
Germany – 5.1%

 

Biotechnology – 1.8%

 

BioNTech SE, ADR*

     240        61,872  

CureVac N.V.*

     439        15,062  
     

 

 

 
Total Biotechnology

 

     76,934  
Life Sciences Tools & Services – 1.2%

 

Evotec SE*

     1,038        50,168  
Oil, Gas & Consumable Fuels – 1.3%

 

VERBIO Vereinigte BioEnergie AG

     824        56,504  
Pharmaceuticals – 0.8%

 

Bayer AG, Registered Shares

     592        31,641  
Total Germany

 

     215,247  
Japan – 2.3%

 

Biotechnology – 1.2%

 

Takara Bio, Inc.

     2,200        50,513  
Pharmaceuticals – 1.1%

 

Takeda Pharmaceutical Co., Ltd.

     1,700        46,311  
Total Japan

 

     96,824  
Netherlands – 0.4%

 

Biotechnology – 0.4%

 

uniQure N.V.*

     811        16,820  
Sweden – 2.0%

 

Biotechnology – 1.5%

 

Vitrolife AB

     1,040        64,326  
Life Sciences Tools & Services – 0.5%

 

BICO Group AB, Class B*

     733        22,491  
Total Sweden

 

     86,817  
Switzerland – 1.3%

 

Biotechnology – 0.4%

 

CRISPR Therapeutics AG*

     231        17,505  
Pharmaceuticals – 0.9%

 

Novartis AG, Registered Shares

     444        39,120  
Total Switzerland

 

     56,625  
United Kingdom – 4.6%

 

Biotechnology – 1.2%

 

Genus PLC

     755        50,497  
Pharmaceuticals – 3.4%

 

AstraZeneca PLC, ADR

     1,416        82,482  

GlaxoSmithKline PLC

     2,786        60,625  
     

 

 

 
Total Pharmaceuticals

 

     143,107  
Total United Kingdom

 

     193,604  
United States – 80.9%

 

Biotechnology – 40.5%

 

2seventy bio, Inc.*

     396      10,149  

Agenus, Inc.*

     11,603        37,362  

Agios Pharmaceuticals, Inc.*

     737        24,225  

Allogene Therapeutics, Inc.*

     2,406        35,898  

Alnylam Pharmaceuticals, Inc.*

     267        45,278  

Amgen, Inc.

     223        50,168  

Amicus Therapeutics, Inc.*

     3,276        37,838  

Arcturus Therapeutics Holdings, Inc.*

     788        29,164  

Arena Pharmaceuticals, Inc.*

     556        51,675  

Arrowhead Pharmaceuticals, Inc.*

     351        23,271  

Beam Therapeutics, Inc.*

     346        27,573  

Biogen, Inc.*

     193        46,305  

BioMarin Pharmaceutical, Inc.*

     482        42,585  

Bluebird Bio, Inc.*

     1,271        12,697  

Blueprint Medicines Corp.*

     481        51,520  

Bridgebio Pharma, Inc.*

     755        12,593  

Editas Medicine, Inc.*

     627        16,647  

Epizyme, Inc.*

     3,295        8,237  

Exact Sciences Corp.*

     296        23,038  

Fate Therapeutics, Inc.*

     328        19,191  

Generation Bio Co.*

     1,145        8,107  

Geron Corp.*

     21,624        26,381  

Gilead Sciences, Inc.

     860        62,445  

Gossamer Bio, Inc.*

     4,283        48,441  

Homology Medicines, Inc.*

     4,641        16,893  

Inovio Pharmaceuticals, Inc.*

     6,207        30,973  

Intellia Therapeutics, Inc.*

     183        21,638  

Invitae Corp.*

     1,223        18,675  

Ionis Pharmaceuticals, Inc.*

     647        19,688  

Iovance Biotherapeutics, Inc.*

     865        16,513  

MacroGenics, Inc.*

     1,114        17,880  

Mirati Therapeutics, Inc.*

     164        24,057  

Moderna, Inc.*

     186        47,240  

Myriad Genetics, Inc.*

     1,341        37,012  

Natera, Inc.*

     355        33,153  

Novavax, Inc.*

     141        20,173  

Passage Bio, Inc.*

     2,119        13,456  

Precigen, Inc.*

     5,093        18,895  

Precision BioSciences, Inc.*

     4,611        34,121  

Regeneron Pharmaceuticals, Inc.*

     89        56,205  

REGENXBIO, Inc.*

     1,527        49,933  

Rocket Pharmaceuticals, Inc.*

     590        12,880  

Sana Biotechnology, Inc.*

     2,433        37,663  

Sangamo Therapeutics, Inc.*

     3,360        25,200  

Sarepta Therapeutics, Inc.*

     505        45,475  

Seagen, Inc.*

     291        44,989  

Sorrento Therapeutics, Inc.*

     3,722        17,307  

Stoke Therapeutics, Inc.*

     1,336        32,051  

Turning Point Therapeutics, Inc.*

     469        22,371  

Twist Bioscience Corp.*

     211        16,329  

Ultragenyx Pharmaceutical, Inc.*

     384        32,291  

Vaxart, Inc.*

     3,294        20,653  

 

See Notes to Financial Statements.

 

96   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree BioRevolution Fund (WDNA)

December 31, 2021

 

 

 

Investments    Shares      Value  

VBI Vaccines, Inc.*

     8,386      $ 19,623  

Veracyte, Inc.*

     1,152        47,462  

Vericel Corp.*

     661        25,977  

Vertex Pharmaceuticals, Inc.*

     246        54,022  

Verve Therapeutics, Inc.*

     1,091        40,225  
     

 

 

 
Total Biotechnology

 

     1,721,811  
Chemicals – 4.7%

 

Amyris, Inc.*

     3,157        17,079  

Corteva, Inc.

     1,043        49,313  

Dow, Inc.

     789        44,752  

DuPont de Nemours, Inc.

     479        38,694  

FMC Corp.

     442        48,571  
     

 

 

 
Total Chemicals

 

     198,409  
Food Products – 4.0%

 

Archer-Daniels-Midland Co.

     770        52,044  

Beyond Meat, Inc.*

     308        20,069  

Darling Ingredients, Inc.*

     751        52,037  

Tyson Foods, Inc., Class A

     523        45,585  
     

 

 

 
Total Food Products

 

     169,735  
Health Care Providers & Services – 1.4%

 

Laboratory Corp. of America Holdings*

     196        61,585  
Life Sciences Tools & Services – 18.5%

 

10X Genomics, Inc., Class A*

     184        27,409  

Agilent Technologies, Inc.

     399        63,700  

Berkeley Lights, Inc.*

     2,659        48,341  

Bio-Rad Laboratories, Inc., Class A*

     62        46,845  

Bio-Techne Corp.

     123        63,633  

Codexis, Inc.*

     682        21,326  

Danaher Corp.

     211        69,421  

Illumina, Inc.*

     128      48,696  

NanoString Technologies, Inc.*

     552        23,311  

NeoGenomics, Inc.*

     1,219        41,592  

Pacific Biosciences of California, Inc.*

     787        16,102  

PerkinElmer, Inc.

     410        82,435  

Personalis, Inc.*

     1,635        23,331  

QIAGEN N.V.*

     1,112        61,805  

Repligen Corp.*

     272        72,037  

Thermo Fisher Scientific, Inc.

     112        74,731  
     

 

 

 
Total Life Sciences Tools & Services

 

     784,715  
Oil, Gas & Consumable Fuels – 2.5%

 

Alto Ingredients, Inc.*

     6,431        30,933  

Green Plains, Inc.*

     1,317        45,779  

Renewable Energy Group, Inc.*

     683        28,987  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     105,699  
Pharmaceuticals – 9.3%

 

Catalent, Inc.*

     468        59,918  

Eli Lilly & Co.

     285        78,723  

Johnson & Johnson

     311        53,203  

Merck & Co., Inc.

     665        50,965  

Pfizer, Inc.

     1,358        80,190  

Zoetis, Inc.

     304        74,185  
     

 

 

 
Total Pharmaceuticals

 

     397,184  
Total United States

 

     3,439,138  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $4,382,758)

 

 

     4,246,514  

Other Assets less Liabilities – 0.1%

 

     2,870  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 4,249,384  
* 

Non-income producing security.

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

   $ 4,246,514      $      $      $ 4,246,514  

Total Investments in Securities

   $ 4,246,514      $      $      $ 4,246,514  

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


Schedule of Investments (unaudited)

WisdomTree Cloud Computing Fund (WCLD)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

Canada – 1.8%

 

IT Services – 1.8%

 

Shopify, Inc., Class A*

     15,289      $ 21,058,916  
China – 1.1%

 

Software – 1.1%

 

Agora, Inc., ADR*(a)

     815,354        13,216,888  
Israel – 3.0%

 

IT Services – 1.4%

 

Wix.com Ltd.*

     105,675        16,674,458  
Software – 1.6%

 

JFrog Ltd.*

     635,525        18,875,093  
Total Israel

 

     35,549,551  
United States – 94.1%

 

Diversified Consumer Services – 1.1%

 

2U, Inc.*(a)

     624,623        12,536,184  
Health Care Technology – 1.5%

 

Veeva Systems, Inc., Class A*

     69,715        17,810,788  
IT Services – 13.1%

 

BigCommerce Holdings, Inc., Series 1*(a)

     406,904        14,392,194  

Block, Inc.*

     84,773        13,691,687  

Cloudflare, Inc., Class A*

     186,239        24,490,429  

Fastly, Inc., Class A*(a)

     541,930        19,211,419  

Okta, Inc.*

     96,543        21,642,044  

PayPal Holdings, Inc.*

     81,709        15,408,683  

Snowflake, Inc., Class A*

     83,224        28,192,130  

Twilio, Inc., Class A*

     65,441        17,233,233  
     

 

 

 
Total IT Services

 

     154,261,819  
Software – 78.4%

 

Adobe, Inc.*

     34,508        19,568,106  

Anaplan, Inc.*

     380,043        17,424,972  

Appfolio, Inc., Class A*

     177,099        21,439,605  

Asana, Inc., Class A*

     298,630        22,262,866  

Atlassian Corp. PLC, Class A*

     64,600        24,631,334  

Avalara, Inc.*

     133,635        17,253,615  

Bill.com Holdings, Inc.*

     106,642        26,569,854  

Blackline, Inc.*

     208,543        21,592,542  

Box, Inc., Class A*

     893,199        23,392,882  

C3.ai, Inc., Class A*(a)

     487,846        15,245,188  

Coupa Software, Inc.*

     103,837        16,411,438  

Crowdstrike Holdings, Inc., Class A*

     93,958        19,237,900  

Datadog, Inc., Class A*

     169,191        30,134,609  

DocuSign, Inc.*

     78,029        11,884,597  

Domo, Inc., Class B*

     245,452        12,174,419  

Dropbox, Inc., Class A*

     724,725        17,784,751  

Elastic N.V.*

     143,885        17,710,805  

Everbridge, Inc.*(a)

     153,560        10,339,195  

HubSpot, Inc.*

     33,658        22,185,671  

Mimecast Ltd.*

     376,499        29,958,025  

Momentive Global, Inc.*

     1,139,512        24,100,679  

nCino, Inc.*

     369,900        20,292,714  

New Relic, Inc.*

     301,438        33,146,122  

PagerDuty, Inc.*(a)

     574,564      19,966,099  

Paycom Software, Inc.*

     47,701        19,804,978  

Paylocity Holding Corp.*

     88,755        20,960,381  

Q2 Holdings, Inc.*

     275,045        21,849,575  

Qualtrics International, Inc., Class A*

     502,198        17,777,809  

Qualys, Inc.*

     202,921        27,844,820  

RingCentral, Inc., Class A*

     88,777        16,632,371  

salesforce.com, Inc.*

     86,591        22,005,371  

ServiceNow, Inc.*

     37,181        24,134,559  

Smartsheet, Inc., Class A*

     305,842        23,687,463  

Sprout Social, Inc., Class A*

     214,246        19,429,970  

Sumo Logic, Inc.*

     1,148,547        15,574,297  

Tenable Holdings, Inc.*

     547,602        30,156,442  

UiPath, Inc., Class A*(a)

     365,376        15,758,667  

Workday, Inc., Class A*

     94,635        25,852,389  

Workiva, Inc.*

     164,471        21,461,821  

Yext, Inc.*

     1,815,940        18,014,125  

Zendesk, Inc.*

     185,665        19,363,003  

Zoom Video Communications, Inc., Class A*

     65,478        12,042,059  

Zscaler, Inc.*

     90,661        29,132,099  

Zuora, Inc., Class A*

     1,418,091        26,489,940  
     

 

 

 
Total Software

 

     922,680,127  
Total United States

 

     1,107,288,918  

TOTAL COMMON STOCKS

(Cost: $1,258,182,947)

 

 

     1,177,114,273  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.5%

 

United States – 0.5%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(b)

     
(Cost: $6,443,845)      6,443,845        6,443,845  

TOTAL INVESTMENTS IN SECURITIES – 100.5%

(Cost: $1,264,626,792)

 

 

     1,183,558,118  

Other Assets less Liabilities – (0.5)%

 

     (6,088,267
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,177,469,851  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at December 31, 2021 (See Note 2). At December 31, 2021, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $39,645,337 and the total market value of the collateral held by the Fund was $42,317,326. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $35,873,481.

 

(b) 

Rate shown represents annualized 7-day yield as of December 31, 2021.

 

See Notes to Financial Statements.

 

98   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree Cloud Computing Fund (WCLD)

December 31, 2021

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

   $ 1,177,114,273      $      $      $ 1,177,114,273  

Investment of Cash Collateral for Securities Loaned

            6,443,845               6,443,845  

Total Investments in Securities

   $ 1,177,114,273      $ 6,443,845      $      $ 1,183,558,118  

 

See Notes to Financial Statements.

 

WisdomTree Trust      99  


Schedule of Investments (unaudited)

WisdomTree Cybersecurity Fund (WCBR)

December 31, 2021

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

Canada – 0.7%

 

Software – 0.7%

 

Absolute Software Corp.

     32,632      $ 306,389  
Israel – 5.0%

 

Communications Equipment – 3.6%

 

Radware Ltd.*

     35,222        1,466,644  
Software – 1.4%

 

Tufin Software Technologies Ltd.*

     53,743        566,989  
Total Israel

 

     2,033,633  
Japan – 3.9%

 

Software – 3.9%

 

Trend Micro, Inc.*

     28,700        1,592,575  
United Kingdom – 6.0%

 

Software – 6.0%

 

Avast PLC(a)

     151,041        1,242,195  

Darktrace PLC*

     216,852        1,234,191  
     

 

 

 
Total Software

 

     2,476,386  
Total United Kingdom

 

     2,476,386  
United States – 84.3%

 

IT Services – 16.6%

 

Akamai Technologies, Inc.*

     11,020        1,289,781  

Cloudflare, Inc., Class A*

     17,158        2,256,277  

Fastly, Inc., Class A*

     37,395        1,325,653  

Okta, Inc.*

     8,612        1,930,552  
     

 

 

 
Total IT Services

 

     6,802,263  
Software – 67.7%

 

Crowdstrike Holdings, Inc., Class A*

     8,349      1,709,458  

CyberArk Software Ltd.*

     7,604        1,317,621  

Datadog, Inc., Class A*

     15,949        2,840,676  

Datto Holding Corp.*

     50,739        1,336,973  

Elastic N.V.*

     10,301        1,267,950  

Fortinet, Inc.*

     5,297        1,903,742  

Palo Alto Networks, Inc.*

     4,655        2,591,718  

Ping Identity Holding Corp.*

     48,182        1,102,404  

Qualys, Inc.*

     10,739        1,473,606  

Rapid7, Inc.*

     18,474        2,174,205  

Sailpoint Technologies Holdings, Inc.*

     36,114        1,745,751  

SentinelOne, Inc., Class A*

     25,798        1,302,541  

Splunk, Inc.*

     8,017        927,727  

Sumo Logic, Inc.*

     90,314        1,224,658  

Tenable Holdings, Inc.*

     35,706        1,966,329  

Varonis Systems, Inc.*

     17,771        866,869  

Zscaler, Inc.*

     6,077        1,952,722  
     

 

 

 
Total Software

 

     27,704,950  
Total United States

 

     34,507,213  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $40,528,122)

 

 

     40,916,196  

Other Assets less Liabilities – 0.1%

 

     37,670  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 40,953,866  
* 

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.

 

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of December 31, 2021 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

   $ 40,916,196      $      $      $ 40,916,196  

Total Investments in Securities

   $ 40,916,196      $      $      $ 40,916,196  

 

See Notes to Financial Statements.

 

100   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

December 31, 2021

 

 

 

      WisdomTree
Dynamic
Currency
Hedged
International
Equity Fund
     WisdomTree
Dynamic
Currency
Hedged
International
SmallCap
Equity Fund
     WisdomTree
Emerging
Markets ESG
Fund
     WisdomTree
International
ESG Fund
     WisdomTree
U.S. Corporate
Bond Fund
 

ASSETS:

 

     

Investments, at cost

   $ 147,705,861      $ 45,152,538      $ 22,586,376      $ 6,404,221      $ 48,771,027  

Foreign currency, at cost

     122,497               9,435        3,796         

Investments in securities, at value1,2 (Note 2)

     172,201,360        48,191,631        28,589,338        7,820,400        48,615,827  

Cash

     35,615        49,101        14,228        2,387        708,162  

Foreign currency, at value

     122,996               9,513        3,805         

Unrealized appreciation on foreign currency contracts

     435,846        148,403                       

Receivables:

              

Investment securities sold

     117,068        40,380        8,664        12,659         

Dividends

     162,818        71,885        25,044        8,098         

Securities lending income

     1,926        896        695        66        506  

Interest

                                 436,529  

Foreign tax reclaims

     351,624        47,382        522        27,002         

Total Assets

     173,429,253        48,549,678        28,648,004        7,874,417        49,761,024  

LIABILITIES:

 

     

Foreign currency due to custodian, at value

            4,068                       

Unrealized depreciation on foreign currency contracts

     1,382,834        370,021        6                

Payables:

              

Cash collateral received for securities loaned (Note 2)

     3,643,425        942,163        189,650        60,624        1,281,320  

Advisory fees (Note 3)

     56,374        18,839        7,675        1,956        7,432  

Service fees (Note 2)

     620        173        106        29        182  

Foreign capital gains tax

                   115,569                

Total Liabilities

     5,083,253        1,335,264        313,006        62,609        1,288,934  

NET ASSETS

   $ 168,346,000      $ 47,214,414      $ 28,334,998      $ 7,811,808      $ 48,472,090  

NET ASSETS:

 

     

Paid-in capital

   $ 186,984,789      $ 46,453,985      $ 30,934,867      $ 9,489,067      $ 48,593,258  

Total distributable earnings (loss)

     (18,638,789      760,429        (2,599,869      (1,677,259      (121,168

NET ASSETS

   $ 168,346,000      $ 47,214,414      $ 28,334,998      $ 7,811,808      $ 48,472,090  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     5,450,000        1,350,000        800,000        250,000        900,000  

Net asset value per share

   $ 30.89      $ 34.97      $ 35.42      $ 31.25      $ 53.86  

1 Includes market value of securities out on loan of:

   $ 5,111,961      $ 1,719,380      $ 485,443      $ 71,048      $ 1,972,993  

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      101  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

December 31, 2021

 

 

 

      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
     WisdomTree U.S.
Efficient Core
Fund
 

ASSETS:

 

     

Investments, at cost

   $ 184,359,361      $ 40,095,588      $ 33,535,920      $ 78,194,879      $ 705,317,758  

Foreign currency, at cost

                   11,742,541        43,594         

Investments in securities, at value1,2 (Note 2)

     185,820,694        39,978,324        33,856,951        78,521,317        884,023,855  

Cash

     1,120,449        775,013        584,646        9,608,251        87,949,415  

Deposits at broker for futures contracts

                   257,914        706,515        8,069,755  

Foreign currency, at value

                   11,743,936        43,634         

Unrealized appreciation on foreign currency contracts

                   33,740                

Receivables:

              

Investment securities sold

                   7,838,102               31,990,087  

Capital shares sold

                                 6,640,872  

Dividends

                   6,415        18,453        528,904  

Securities lending income

     2,243        231                       

Interest

     2,713,543        302,609                       

Foreign tax reclaims

                   12        6,565         

Net variation margin on futures contracts

                   24,234        64,781        752,537  

Total Assets

     189,656,929        41,056,177        54,345,950        88,969,516        1,019,955,425  

LIABILITIES:

 

     

Unrealized depreciation on foreign currency contracts

                   1,828        718         

Payables:

              

Cash collateral received for securities loaned (Note 2)

     5,789,870        559,068                       

Investment securities purchased

                   22,781,959        2,255,442        5,977,679  

Capital shares redeemed

                                 35,485,626  

Advisory fees (Note 3)

     59,303        6,192        1,253        5,451        162,344  

Service fees (Note 2)

     687        152        17        92        3,572  

Foreign capital gains tax

                   1,976                

Total Liabilities

     5,849,860        565,412        22,787,033        2,261,703        41,629,221  

NET ASSETS

   $ 183,807,069      $ 40,490,765      $ 31,558,917      $ 86,707,813      $ 978,326,204  

NET ASSETS:

 

     

Paid-in capital

   $ 181,332,776      $ 40,597,053      $ 31,377,192      $ 86,381,611      $ 793,150,668  

Total distributable earnings (loss)

     2,474,293        (106,288      181,725        326,202        185,175,536  

NET ASSETS

   $ 183,807,069      $ 40,490,765      $ 31,558,917      $ 86,707,813      $ 978,326,204  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     3,500,000        800,000        850,000        2,150,000        22,100,000  

Net asset value per share

   $ 52.52      $ 50.61      $ 37.13      $ 40.33      $ 44.27  

1 Includes market value of securities out on loan of:

   $ 6,315,232      $ 682,163                       

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

 

See Notes to Financial Statements.

 

102   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

December 31, 2021

 

 

 

      WisdomTree
Artificial
Intelligence and
Innovation Fund
     WisdomTree
BioRevolution
Fund
    

WisdomTree

Cloud Computing

Fund

     WisdomTree
Cybersecurity
Fund
 

ASSETS:

 

  

Investments, at cost

   $ 1,249,485      $ 4,382,758      $ 1,264,626,792      $ 40,528,122  

Foreign currency, at cost

            395               389  

Investments in securities, at value1,2 (Note 2)

     1,229,202        4,246,514        1,183,558,118        40,916,196  

Cash

     55        2,784        793,997        53,213  

Foreign currency, at value

            397               392  

Receivables:

           

Investment securities sold

                   3,971,631         

Dividends

     112        947               196  

Securities lending income

                   7,583         

Foreign tax reclaims

            30                

Total Assets

     1,229,369        4,250,672        1,188,331,329        40,969,997  

LIABILITIES:

 

  

Payables:

           

Cash collateral received for securities loaned (Note 2)

                   6,443,845         

Capital shares redeemed

                   3,955,652         

Advisory fees (Note 3)

     348        1,276        457,508        15,975  

Service fees (Note 2)

     3        12        4,473        156  

Total Liabilities

     351        1,288        10,861,478        16,131  

NET ASSETS

   $ 1,229,018      $ 4,249,384      $ 1,177,469,851      $ 40,953,866  

NET ASSETS:

 

  

Paid-in capital

   $ 1,249,999      $ 4,405,783      $ 1,186,833,612      $ 39,640,032  

Total distributable earnings (loss)

     (20,981      (156,399      (9,363,761      1,313,834  

NET ASSETS

   $ 1,229,018      $ 4,249,384      $ 1,177,469,851      $ 40,953,866  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     50,000        180,000        22,700,000        1,570,000  

Net asset value per share

   $ 24.58      $ 23.61      $ 51.87      $ 26.09  

1 Includes market value of securities out on loan of:

                 $ 39,645,337         

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      103  


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended December 31, 2021

 

 

 

      WisdomTree
Dynamic
Currency
Hedged
International
Equity Fund
     WisdomTree
Dynamic
Currency
Hedged
International
SmallCap
Equity Fund
     WisdomTree
Emerging
Markets ESG
Fund
     WisdomTree
International
ESG Fund
     WisdomTree
U.S. Corporate
Bond Fund
 

INVESTMENT INCOME:

 

Dividends1

   $ 2,817,671      $ 626,280      $ 411,249      $ 75,962      $  

Interest

                                 599,212  

Non-cash dividends

     58,477        1,003        80,265        2,325         

Other income (Note 6)

     35,470        4,125                       

Securities lending income, net (Note 2)

     26,744        7,991        2,713        532        1,805  

Total investment income

     2,938,362        639,399        494,227        78,819        601,017  

EXPENSES:

 

Advisory fees (Note 3)

     333,262        106,785        51,555        11,780        44,515  

Service fees (Note 2)

     3,666        979        709        172        1,088  

Other fees (Note 6)

     10,165        1,238                       

Total expenses

     347,093        109,002        52,264        11,952        45,603  

Net investment income

     2,591,269        530,397        441,963        66,867        555,414  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions2

     (1,012,317      (370,535      584,631        173,202        106,969  

In-kind redemptions

            4,317,441        298,940                

Futures contracts

            3,195                       

Foreign currency contracts

     5,878,746        1,527,171        (3,557      297         

Foreign currency related transactions

     (66,199      (13,444      (4,479      (1,063       

Net realized gain

     4,800,230        5,463,828        875,535        172,436        106,969  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions3

     1,149,407        (3,864,953      (4,262,819      (44,196      (565,207

Foreign currency contracts

     (2,618,469      (619,480      (6              

Translation of assets and liabilities denominated in foreign currencies

     (2,873      1,218        (730      197         

Net decrease in unrealized appreciation/depreciation

     (1,471,935      (4,483,215      (4,263,555      (43,999      (565,207

Net realized and unrealized gain (loss) on investments

     3,328,295        980,613        (3,388,020      128,437        (458,238

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 5,919,564      $ 1,511,010      $ (2,946,057    $ 195,304      $ 97,176  

1 Net of foreign withholding tax of:

   $ 171,458      $ 56,971      $ 59,081      $ 7,814         

2 Net of foreign capital gains tax of:

                 $ 28,951                

3 Includes net increase (decrease) in accrued foreign capital gain taxes of:

                 $ 7,981                

 

See Notes to Financial Statements.

 

104   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended December 31, 2021

 

 

 

      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
    

WisdomTree U.S.
Efficient Core

Fund

 

INVESTMENT INCOME:

 

Dividends1

   $      $      $ 29,991      $ 183,408      $ 4,212,490  

Dividends from affiliates (Note 3)

                   237                

Interest

     3,984,011        259,207                       

Non-cash dividends

                   1,251        1,041        14,087  

Securities lending income, net (Note 2)

     13,732        720                       

Total investment income

     3,997,743        259,927        31,479        184,449        4,226,577  

EXPENSES:

 

Advisory fees (Note 3)

     347,543        34,300        4,455        22,138        715,822  

Service fees (Note 2)

     4,024        838        61        375        15,748  

Total expenses

     351,567        35,138        4,516        22,513        731,570  

Expense waivers (Note 3)

                   (477              

Net expenses

     351,567        35,138        4,039        22,513        731,570  

Net investment income

     3,646,176        224,789        27,440        161,936        3,495,007  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     85,417        41,568        (182,851      (542      (731,295

Investment transactions in affiliates (Note 3)

                   14,075                

In-kind redemptions

     1,263,488                             17,616,691  

Futures contracts

                   15,180        (205,769      (2,537,090

Foreign currency contracts

                   (17,737      (1,716      18  

Foreign currency related transactions

                   (18,211      (2,523      (10

Net realized gain (loss)

     1,348,905        41,568        (189,544      (210,550      14,348,314  

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions2

     (2,284,131      (561,237      268,337        340,858        46,197,621  

Investment transactions in affiliates (Note 3)

                   (1,884              

Futures contracts

                   49,177        209,451        2,023,079  

Foreign currency contracts

                   31,912        (718       

Translation of assets and liabilities denominated in foreign currencies

                   (22,078      415         

Net increase (decrease) in unrealized appreciation/depreciation

     (2,284,131      (561,237      325,464        550,006        48,220,700  

Net realized and unrealized gain (loss) on investments

     (935,226      (519,669      135,920        339,456        62,569,014  

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ 2,710,950      $ (294,880    $ 163,360      $ 501,392      $ 66,064,021  

1 Net of foreign withholding tax of:

                 $ 4,273      $ 15,972      $ 939  

2 Includes net increase (decrease) in accrued foreign capital gain taxes of:

                 $ 1,976                

 

See Notes to Financial Statements.

 

WisdomTree Trust      105  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months or Period Ended December 31, 2021

 

 

 

      WisdomTree
Artificial
Intelligence and
Innovation
Fund1
     WisdomTree
BioRevolution
Fund
     WisdomTree
Cloud Computing
Fund
     WisdomTree
Cybersecurity
Fund
 

INVESTMENT INCOME:

 

Dividends2

   $ 133      $ 6,723      $      $ 221,324  

Securities lending income, net (Note 2)

                   80,019        14  

Total investment income

     133        6,723        80,019        221,338  

EXPENSES:

 

Advisory fees (Note 3)

     348        6,169        2,980,997        83,123  

Service fees (Note 2)

     3        60        29,148        813  

Total expenses

     351        6,229        3,010,145        83,936  

Net investment income (loss)

     (218      494        (2,930,126      137,402  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

            (15,874      (17,732,910      (389,931

In-kind redemptions

                   108,397,420        1,743,350  

Foreign currency contracts

     315        53               (14,145

Foreign currency related transactions

     (795      (63             16,618  

Net realized gain (loss)

     (480      (15,884      90,664,510        1,355,892  

Net decrease in unrealized appreciation/depreciation:

 

Investment transactions

     (20,283      (237,047      (179,088,250      (498,565

Foreign currency contracts

                          (21

Translation of assets and liabilities denominated in foreign currencies

            2                

Net decrease in unrealized appreciation/depreciation

     (20,283      (237,045      (179,088,250      (498,586

Net realized and unrealized gain (loss) on investments

     (20,763      (252,929      (88,423,740      857,306  

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

   $ (20,981    $ (252,435    $ (91,353,866    $ 994,708  

1 For the period December 9, 2021 (commencement of operations) through December 31, 2021.

  

2 Net of foreign withholding tax of:

   $ 28      $ 37             $ 301  

 

See Notes to Financial Statements.

 

106   WisdomTree Trust


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,
2021
(unaudited)
    For the Year
Ended June 30,
2021
    For the Six
Months Ended
December 31,
2021
(unaudited)
   

For the Year
Ended June 30,

2021

    For the Six
Months Ended
December 31,
2021
(unaudited)
    For the Year
Ended June 30,
2021
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 2,591,269     $ 5,069,975     $ 530,397     $ 1,104,430     $ 441,963     $ 621,876  

Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions

    4,800,230       (13,911,409     5,463,828       (1,823,424     875,535       5,032,282  

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (1,471,935     42,916,984       (4,483,215     12,323,707       (4,263,555     7,069,078  

Net increase (decrease) in net assets resulting from operations

    5,919,564       34,075,550       1,511,010       11,604,713       (2,946,057     12,723,236  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (3,856,400     (5,826,707     (804,223     (1,376,310     (536,816     (678,548

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    4,623,161       7,730,083       15,801,056                    

Cost of shares redeemed

          (72,463,771     (10,629,801     (6,907,300     (3,585,906     (10,123,196

Net increase (decrease) in net assets resulting from capital share transactions

    4,623,161       (64,733,688     5,171,255       (6,907,300     (3,585,906     (10,123,196

Net Increase (Decrease) in Net Assets

    6,686,325       (36,484,845     5,878,042       3,321,103       (7,068,779     1,921,492  

NET ASSETS:

 

Beginning of period

  $ 161,659,675     $ 198,144,520     $ 41,336,372     $ 38,015,269     $ 35,403,777     $ 33,482,285  

End of period

  $ 168,346,000     $ 161,659,675     $ 47,214,414     $ 41,336,372     $ 28,334,998     $ 35,403,777  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    5,300,000       7,800,000       1,200,000       1,450,000       900,000       1,200,000  

Shares created

    150,000       250,000       450,000                    

Shares redeemed

          (2,750,000     (300,000     (250,000     (100,000     (300,000

Shares outstanding, end of period

    5,450,000       5,300,000       1,350,000       1,200,000       800,000       900,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      107  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

    

WisdomTree

International ESG Fund

   

WisdomTree

U.S. Corporate Bond Fund

   

WisdomTree

U.S. High Yield Corporate Bond Fund

 
     For the Six
Months Ended
December 31, 2021
(unaudited)
   

For the

Year Ended
June 30, 2021

    For the Six
Months Ended
December 31, 2021
(unaudited)
   

For the

Year Ended
June 30, 2021

    For the Six Months
Ended
December 31, 2021
(unaudited)
   

For the

Year Ended
June 30, 2021

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 66,867     $ 264,869     $ 555,414     $ 1,064,372     $ 3,646,176     $ 5,188,130  

Net realized gain on investments and foreign currency related transactions

    172,436       4,957,506       106,969       582,562       1,348,905       2,280,595  

Net increase (decrease) in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies

    (43,999     (1,064,241     (565,207     (644,650     (2,284,131     5,486,180  

Net increase in net assets resulting from operations

    195,304       4,158,134       97,176       1,002,284       2,710,950       12,954,905  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (77,520     (320,460     (653,166     (1,241,380     (3,631,850     (5,187,250

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

                      22,168,592       52,353,344       129,194,909  

Cost of shares redeemed

          (14,506,297           (10,978,661     (25,984,374     (41,686,889

Net increase (decrease) in net assets resulting from capital share transactions

          (14,506,297           11,189,931       26,368,970       87,508,020  

Net Increase (Decrease) in Net Assets

    117,784       (10,668,623     (555,990     10,950,835       25,448,070       95,275,675  

NET ASSETS:

 

Beginning of period

  $ 7,694,024     $ 18,362,647     $ 49,028,080     $ 38,077,245     $ 158,358,999     $ 63,083,324  

End of period

  $ 7,811,808     $ 7,694,024     $ 48,472,090     $ 49,028,080     $ 183,807,069     $ 158,358,999  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    250,000       750,000       900,000       700,000       3,000,000       1,300,000  

Shares created

                      400,000       1,000,000       2,500,000  

Shares redeemed

          (500,000           (200,000     (500,000     (800,000

Shares outstanding, end of period

    250,000       250,000       900,000       900,000       3,500,000       3,000,000  

 

See Notes to Financial Statements.

 

108   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

    

WisdomTree

U.S. Short-Term Corporate

Bond Fund

   

WisdomTree

Emerging Markets Efficient

Core Fund

   

WisdomTree

International Efficient

Core Fund

 
     For the Six
Months Ended
December 31, 2021
(unaudited)
   

For the

Year Ended
June 30, 2021

    For the Six
Months Ended
December 31, 2021
(unaudited)
   

For the Period
May 20, 2021*
through

June 30, 2021

    For the Six
Months Ended
December 31, 2021
(unaudited)
   

For the Period
May 20, 2021*
through

June 30, 2021

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 224,789     $ 428,070     $ 27,440     $ 6,326     $ 161,936     $ 4,509  

Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions

    41,568       235,153       (189,544     3,913       (210,550     (84

Net increase (decrease) in unrealized appreciation/depreciation on investments, futures contracts, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (561,237     (245,808     325,464       68,084       550,006       (3,534

Net increase (decrease) in net assets resulting from operations

    (294,880     417,415       163,360       78,323       501,392       891  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (393,248     (521,988     (56,958     (3,000     (174,081     (2,000

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    10,293,094       10,358,506       29,377,191       2,000,000       84,381,609       2,000,000  

Cost of shares redeemed

                      (119           (118

Net increase in net assets resulting from capital share transactions

    10,293,094       10,358,506       29,377,191       1,999,881       84,381,609       1,999,882  

Net Increase in Net Assets

    9,604,966       10,253,933       29,483,593       2,075,204       84,708,920       1,998,773  

NET ASSETS:

 

Beginning of period

  $ 30,885,799     $ 20,631,866     $ 2,075,324     $ 120     $ 1,998,893     $ 120  

End of period

  $ 40,490,765     $ 30,885,799     $ 31,558,917     $ 2,075,324     $ 86,707,813     $ 1,998,893  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    600,000       400,000       50,000       3       50,000       3  

Shares created

    200,000       200,000       800,000       50,000       2,100,000       50,000  

Shares redeemed

                      (3           (3

Shares outstanding, end of period

    800,000       600,000       850,000       50,000       2,150,000       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      109  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

    

WisdomTree U.S. Efficient

Core Fund

    WisdomTree Artificial
Intelligence and Innovation Fund
   

WisdomTree

BioRevolution Fund

 
    

For the Six

Months Ended
December 31, 2021
(unaudited)

   

For the

Year Ended
June 30, 2021

   

For the Period

December 9, 2021*

through

December 31, 2021 (unaudited)

    For the Six
Months Ended
December 31, 2021
(unaudited)
    For the Period
June 3, 2021*
through
June 30, 2021
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

   

Net investment income (loss)

  $ 3,495,007     $ 4,443,974     $ (218   $ 494     $ (112

Net realized gain (loss) on investments, futures contracts and foreign currency related transactions

    14,348,314       (6,770,600     (480     (15,884     (231

Net increase (decrease) in unrealized appreciation/depreciation on investments, futures contracts and translation of assets and liabilities denominated in foreign currencies

    48,220,700       111,302,431       (20,283     (237,045     100,803  

Net increase (decrease) in net assets resulting from operations

    66,064,021       108,975,805       (20,981     (252,435     100,460  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (3,713,786     (4,558,343           (4,424      

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    436,541,932       192,382,346       1,250,000       1,841,161       2,564,622  

Cost of shares redeemed

    (39,850,013     (16,194,891     (101           (100

Net increase in net assets resulting from capital share transactions

    396,691,919       176,187,455       1,249,899       1,841,161       2,564,522  

Net Increase in Net Assets

    459,042,154       280,604,917       1,228,918       1,584,302       2,664,982  

NET ASSETS:

         

Beginning of period

  $ 519,284,050     $ 238,679,133     $ 100     $ 2,665,082     $ 100  

End of period

  $ 978,326,204     $ 519,284,050     $ 1,229,018     $ 4,249,384     $ 2,665,082  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    12,800,000       7,800,000       4       100,000       4  

Shares created

    10,200,000       5,450,000       50,000       80,000       100,000  

Shares redeemed

    (900,000     (450,000     (4           (4

Shares outstanding, end of period

    22,100,000       12,800,000       50,000       180,000       100,000  
*

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.

 

110   WisdomTree Trust


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

    

WisdomTree

Cloud Computing Fund

   

WisdomTree

Cybersecurity Fund

 
    

For the Six

Months Ended
December 31, 2021
(unaudited)

   

For the

Year Ended
June 30, 2021

   

For the Six

Months Ended
December 31, 2021
(unaudited)

   

For the Period
January 28, 2021*
through

June 30, 2021

 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

 

Net investment income (loss)

  $ (2,930,126   $ (4,511,983   $ 137,402     $ (10,713

Net realized gain (loss) on investments and foreign currency contracts

    90,664,510       255,254,863       1,355,892       (390,587

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (179,088,250     47,066,707       (498,586     886,660  

Net increase (decrease) in net assets resulting from operations

    (91,353,866     297,809,587       994,708       485,360  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

                (177,112      

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    401,208,704       1,791,135,471       19,156,011       26,389,247  

Cost of shares redeemed

    (409,426,832     (1,232,674,591     (5,894,362     (86

Net increase (decrease) in net assets resulting from capital share transactions

    (8,218,128     558,460,880       13,261,649       26,389,161  

Net Increase (Decrease) in Net Assets

    (99,571,994     856,270,467       14,079,245       26,874,521  

NET ASSETS:

       

Beginning of period

  $ 1,277,041,845     $ 420,771,378     $ 26,874,621     $ 100  

End of period

  $ 1,177,469,851     $ 1,277,041,845     $ 40,953,866     $ 26,874,621  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    22,850,000       10,800,004       1,100,000       4  

Shares created

    7,025,000       37,050,000       690,000       1,100,000  

Shares redeemed

    (7,175,000     (25,000,004     (220,000     (4

Shares outstanding, end of period

    22,700,000       22,850,000       1,570,000       1,100,000  
*

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      111  


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, 2021
(unaudited)
    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
    For the
Year Ended
June 30, 2017
 

Net asset value, beginning of period

  $ 30.50     $ 25.40     $ 28.84     $ 28.96     $ 28.27     $ 24.26  

Investment operations:

 

Net investment income1

    0.48       0.91       0.80       1.04       1.00       0.98  

Net realized and unrealized gain (loss)

    0.62       5.27       (3.44     (0.17     0.70       4.32  

Total from investment operations

    1.10       6.18       (2.64     0.87       1.70       5.30  

Dividends and distributions to shareholders:

 

Net investment income

    (0.71     (1.08     (0.80     (0.99     (1.01     (0.83

Capital gains

                                  (0.46

Total dividends and distributions to shareholders

    (0.71     (1.08     (0.80     (0.99     (1.01     (1.29

Net asset value, end of period

  $ 30.89     $ 30.50     $ 25.40     $ 28.84     $ 28.96     $ 28.27  

TOTAL RETURN2

    3.66     24.76     (9.34 )%3      3.11     6.04     22.25

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 168,346     $ 161,660     $ 198,145     $ 252,362     $ 262,129     $ 450,964  

Ratios to average net assets of:

 

Expenses, net of expense waivers

    0.41 %4,7      0.39     0.35     0.35     0.35     0.35

Expenses, prior to expense waivers

    0.41 %4,7      0.40     0.40     0.40     0.40     0.40

Net investment income

    3.10 %4      3.26     2.87     3.68     3.33     3.67

Portfolio turnover rate5

    31     38     17     26     15     27

 

             
WisdomTree Dynamic Currency Hedged
International SmallCap Equity Fund
  For the
Six Months Ended
December 31, 2021
(unaudited)
    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
    For the
Year Ended
June 30, 2017
 

Net asset value, beginning of period

  $ 34.45     $ 26.22     $ 29.60     $ 31.50     $ 30.12     $ 23.87  

Investment operations:

 

Net investment income1

    0.42       0.88       0.88       1.12       1.11       0.86  

Net realized and unrealized gain (loss)

    0.73       8.46       (3.39     (2.29     0.92       6.18  

Total from investment operations

    1.15       9.34       (2.51     (1.17     2.03       7.04  

Dividends to shareholders:

 

Net investment income

    (0.63     (1.11     (0.87     (0.73     (0.65     (0.79

Net asset value, end of period

  $ 34.97     $ 34.45     $ 26.22     $ 29.60     $ 31.50     $ 30.12  

TOTAL RETURN2

    3.33     36.12     (8.70 )%6      (3.70 )%      6.73     29.80

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 47,214     $ 41,336     $ 38,015     $ 34,041     $ 17,327     $ 3,012  

Ratios to average net assets of:

 

Expenses, net of expense waivers

    0.49 %4,8      0.47     0.43     0.43     0.43     0.43

Expenses, prior to expense waivers

    0.49 %4,8      0.48     0.48     0.48     0.48     0.48

Net investment income

    2.38 %4      2.86     3.08     3.77     3.41     3.16

Portfolio turnover rate5

    49     60     25     55     95     75
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 

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.

 

6 

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.

 

7 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.40%.

 

8 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.48%.

 

See Notes to Financial Statements.

 

112   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, 2021
(unaudited)
    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
    For the
Year Ended
June 30, 2017
 

Net asset value, beginning of period

   $ 39.34     $ 27.90     $ 31.47     $ 30.95     $ 29.71     $ 25.63  

Investment operations:

 

Net investment income2

     0.51       0.62       0.93       1.21       0.96       0.96  

Net realized and unrealized gain (loss)

     (3.80     11.50       (3.44     0.38       1.14       3.96  

Total from investment operations

     (3.29     12.12       (2.51     1.59       2.10       4.92  

Dividends to shareholders:

 

Net investment income

     (0.63     (0.68     (1.06     (1.07     (0.86     (0.84

Net asset value, end of period

   $ 35.42     $ 39.34     $ 27.90     $ 31.47     $ 30.95     $ 29.71  

TOTAL RETURN3

     (8.38 )%      43.82     (8.19 )%      5.25     7.05 %4      19.46

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 28,335     $ 35,404     $ 33,482     $ 50,353     $ 34,042     $ 11,885  

Ratios to average net assets of:

 

Expenses

     0.32 %5      0.32 %6,7      0.32     0.32     0.32     0.32

Net investment income

     2.74 %5      1.79 %6      3.13     3.97     2.91     3.38

Portfolio turnover rate8

     32     69     130 %1      26     22     15

 

             
WisdomTree International
ESG Fund
   For the
Six Months Ended
December 31, 2021
(unaudited)
    For the
Year Ended
June 30, 2021
    For the
Year Ended
June 30, 20209
    For the
Year Ended
June 30, 2019
    For the
Year Ended
June 30, 2018
    For the Period
November 3, 2016*
through
June 30, 2017
 

Net asset value, beginning of period

   $ 30.78     $ 24.48     $ 23.96     $ 24.67     $ 23.31     $ 19.63  

Investment operations:

 

Net investment income2

     0.27       0.51       0.46       0.49       0.71       0.32  

Net realized and unrealized gain

     0.51       6.52       0.73 10      0.02       1.03       3.52  

Total from investment operations

     0.78       7.03       1.19       0.51       1.74       3.84  

Dividends and distributions to shareholders:

 

Net investment income

     (0.31     (0.73     (0.50     (0.29     (0.21     (0.15

Capital gains

                 (0.17     (0.93     (0.17      

Tax return of capital

                                   (0.01

Total dividends and distributions to shareholders

     (0.31     (0.73     (0.67     (1.22     (0.38     (0.16

Net asset value, end of period

   $ 31.25     $ 30.78     $ 24.48     $ 23.96     $ 24.67     $ 23.31  

TOTAL RETURN3

     2.54     28.94     4.88     2.56     7.44     19.61

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 7,812     $ 7,694     $ 18,363     $ 28,749     $ 19,736     $ 2,331  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.30 %5      0.30     0.15 %6      0.10 %6      0.10 %6      0.10 %5,6 

Expenses, prior to expense waivers

     0.30 %5      0.30     0.52 %6      0.58 %6      0.58 %6      0.58 %5,6 

Net investment income

     1.70 %5      1.86     1.89 %6      2.10 %6      2.87 %6      2.23 %5,6 

Portfolio turnover rate8

     36     80     112 %9      6     4     4
*

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, 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 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.

 

10 

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      113  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Corporate Bond
Fund
   For the
Six Months Ended
December 31, 2021
(unaudited)
    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
    For the
Year Ended
June 30, 2017
 

Net asset value, beginning of period

   $ 54.48     $ 54.40     $ 51.09     $ 47.79     $ 49.88     $ 50.69  

Investment operations:

 

Net investment income1

     0.62       1.23       1.42       1.59       1.49       1.36  

Net realized and unrealized gain (loss)

     (0.51     0.25 2      3.37       3.28       (2.02     (0.63

Total from investment operations

     0.11       1.48       4.79       4.87       (0.53     0.73  

Dividends and distributions to shareholders:

 

Net investment income

     (0.63     (1.21     (1.48     (1.57     (1.56     (1.30

Capital gains

     (0.10     (0.19                       (0.24

Total dividends and distributions to shareholders

     (0.73     (1.40     (1.48     (1.57     (1.56     (1.54

Net asset value, end of period

   $ 53.86     $ 54.48     $ 54.40     $ 51.09     $ 47.79     $ 49.88  

TOTAL RETURN3

     0.19     2.75     9.54     10.44     (1.11 )%      1.52

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 48,472     $ 49,028     $ 38,077     $ 5,109     $ 4,779     $ 4,988  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.18 %4      0.18 %5      0.18     0.18     0.18     0.18

Expenses, prior to expense waivers

     0.18 %4      0.21     0.28     0.28     0.28     0.28

Net investment income

     2.25 %4      2.27     2.71     3.29     3.02     2.74

Portfolio turnover rate6

     16     36     25     22     21     45

 

             
WisdomTree U.S. High Yield
Corporate Bond Fund
   For the
Six Months Ended
December 31, 2021
(unaudited)
    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
    For the
Year Ended
June 30, 2017
 

Net asset value, beginning of period

   $ 52.79     $ 48.53     $ 51.51     $ 49.77     $ 52.29     $ 50.41  

Investment operations:

 

Net investment income1

     1.06       2.32       2.64       2.84       2.91       2.80  

Net realized and unrealized gain (loss)

     (0.28     4.28       (3.00     1.69       (2.14     2.24  

Total from investment operations

     0.78       6.60       (0.36     4.53       0.77       5.04  

Dividends and distributions to shareholders:

 

Net investment income

     (1.05     (2.34     (2.62     (2.75     (2.89     (2.79

Capital gains

                       (0.04     (0.40     (0.37

Tax return of capital

                 (0.00 )7                   

Total dividends and distributions to shareholders

     (1.05     (2.34     (2.62     (2.79     (3.29     (3.16

Net asset value, end of period

   $ 52.52     $ 52.79     $ 48.53     $ 51.51     $ 49.77     $ 52.29  

TOTAL RETURN3

     1.49     13.84     (0.72 )%      9.43     1.49     10.23

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 183,807     $ 158,359     $ 63,083     $ 15,453     $ 4,977     $ 5,229  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.38 %4      0.38 %8      0.38     0.38     0.38     0.38

Expenses, prior to expense waivers

     0.38 %4      0.41     0.48     0.48     0.48     0.48

Net investment income

     3.99 %4      4.51     5.32     5.68     5.67     5.38

Portfolio turnover rate6

     11     21     22     14     35     51
1 

Based on average shares outstanding.

 

2 

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.

 

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 0.18 through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.18%.

 

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 

Amount represents less than $0.005.

 

8 

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%.

 

See Notes to Financial Statements.

 

114   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. Short-Term
Corporate Bond Fund
   For the
Six Months Ended
December 31, 2021
(unaudited)
     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
     For the
Year Ended
June 30, 2017
 

Net asset value, beginning of period

   $ 51.48      $ 51.58      $ 50.43      $ 49.03      $ 49.94      $ 50.20  

Investment operations:

 

Net investment income1

     0.30        0.75        1.23        1.24        0.98        0.79  

Net realized and unrealized gain (loss)

     (0.65      0.06 2       1.13 2       1.39        (0.88      (0.28

Total from investment operations

     (0.35      0.81        2.36        2.63        0.10        0.51  

Dividends and distributions to shareholders:

 

Net investment income

     (0.31      (0.75      (1.21      (1.23      (1.01      (0.77

Capital gains

     (0.21      (0.16                            

Total dividends and distributions to shareholders

     (0.52      (0.91      (1.21      (1.23      (1.01      (0.77

Net asset value, end of period

   $ 50.61      $ 51.48      $ 51.58      $ 50.43      $ 49.03      $ 49.94  

TOTAL RETURN3

     (0.70 )%       1.59      4.75      5.44      0.19      1.02

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 40,491      $ 30,886      $ 20,632      $ 5,043      $ 4,903      $ 4,994  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.18 %4       0.18 %5       0.18      0.18      0.18      0.18

Expenses, prior to expense waivers

     0.18 %4       0.21      0.28      0.28      0.28      0.28

Net investment income

     1.18 %4       1.46      2.43      2.50      1.98      1.58

Portfolio turnover rate6

     11      47      43      28      41      38

 

     
WisdomTree Emerging Markets Efficient Core Fund    For the
Six Months Ended
December 31, 2021
(unaudited)
     For the Period
May 20, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 41.51      $ 39.75  

Investment operations:

 

Net investment income1

     0.36        0.13  

Net realized and unrealized gain (loss)

     (4.02 )2       1.69  

Total from investment operations

     (3.66      1.82  

Dividends and distributions to shareholders:

 

Net investment income

     (0.46      (0.06

Capital gains

     (0.26       

Total dividends and distributions to shareholders

     (0.72      (0.06

Net asset value, end of period

   $ 37.13      $ 41.51  

TOTAL RETURN3

     (8.83 )%       4.58

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 31,559      $ 2,075  

Ratios to average net assets of:

 

Expenses, net of expense waivers

     0.29 %4,7       0.31 %4,7 

Expenses, prior to expense waivers

     0.32 %4,7       0.32 %4,7 

Net investment income

     1.97 %4,7       2.68 %4,7 

Portfolio turnover rate6

     126      3
*

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 

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.

 

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 0.18 through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.18%.

 

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 ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

See Notes to Financial Statements.

 

WisdomTree Trust      115  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree International Efficient Core Fund    For the
Six Months Ended
December 31, 2021
(unaudited)
     For the Period
May 20, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 39.98      $ 39.43  

Investment operations:

 

Net investment income1

     0.38        0.09  

Net realized and unrealized gain

     0.32        0.50 2 

Total from investment operations

     0.70        0.59  

Dividends and distributions to shareholders:

 

Net investment income

     (0.33      (0.04

Capital gains

     (0.02       

Total dividends and distributions to shareholders

     (0.35      (0.04

Net asset value, end of period

   $ 40.33      $ 39.98  

TOTAL RETURN3

     1.76      1.50

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 86,708      $ 1,999  

Ratios to average net assets of:

 

Expenses

     0.26 %4       0.26 %4 

Net investment income

     1.90 %4       1.94 %4 

Portfolio turnover rate5

     1      0

 

         
WisdomTree U.S. Efficient Core Fund    For the
Six Months Ended
December 31, 2021
(unaudited)
     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

   $ 40.57      $ 30.60      $ 27.14      $ 25.08  

Investment operations:

 

  

Net investment income1

     0.21        0.41        0.45        0.38  

Net realized and unrealized gain

     3.68        9.95        3.39        2.01  

Total from investment operations

     3.89        10.36        3.84        2.39  

Dividends and distributions to shareholders:

 

  

Net investment income

     (0.19      (0.37      (0.27      (0.33

Capital gains

            (0.02      (0.11       

Total dividends and distributions to shareholders

     (0.19      (0.39      (0.38      (0.33

Net asset value, end of period

   $ 44.27      $ 40.57      $ 30.60      $ 27.14  

TOTAL RETURN3

     9.60      34.04      14.25      9.64

RATIOS/SUPPLEMENTAL DATA:

 

  

Net assets, end of period (000’s omitted)

   $ 978,326      $ 519,284      $ 238,679      $ 5,428  

Ratios to average net assets of:

 

  

Expenses

     0.20 %4       0.20      0.20      0.20 %4 

Net investment income

     0.98 %4       1.12      1.57      1.68 %4 

Portfolio turnover rate5

     3      9      13      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 

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.

 

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.

 

4 

Annualized.

 

5 

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.

 

116   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree Artificial Intelligence and Innovation Fund    For the Period
December 9, 2021*
through
December 31, 2021
(unaudited)
 

Net asset value, beginning of period

   $ 25.22  

Investment operations:

  

Net investment loss1

     (0.00 )2 

Net realized and unrealized loss

     (0.64

Total from investment operations

     (0.64

Net asset value, end of period

   $ 24.58  

TOTAL RETURN3

     (2.54 )% 

RATIOS/SUPPLEMENTAL DATA:

  

Net assets, end of period (000’s omitted)

   $ 1,229  

Ratios to average net assets of:

  

Expenses

     0.45 %4 

Net investment loss

     (0.28 )%4 

Portfolio turnover rate5

     0

 

     
WisdomTree BioRevolution Fund    For the
Six Months Ended
December 31, 2021
(unaudited)
     For the Period
June 3, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 26.65      $ 25.03  

Investment operations:

     

Net investment income (loss)1

     0.00 2       (0.00 )2 

Net realized and unrealized gain (loss)

     (3.02      1.62  

Total from investment operations

     (3.02      1.62  

Dividends to shareholders:

     

Net investment income

     (0.02       

Net asset value, end of period

   $ 23.61      $ 26.65  

TOTAL RETURN3

     (11.32 )%       6.47

RATIOS/SUPPLEMENTAL DATA:

     

Net assets, end of period (000’s omitted)

   $ 4,249      $ 2,665  

Ratios to average net assets of:

     

Expenses

     0.45 %4       0.45 %4 

Net investment income (loss)

     0.04 %4       (0.07 )%4 

Portfolio turnover rate5

     11      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.

 

4 

Annualized.

 

5 

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      117  


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, 2021
(unaudited)
     For the
Year Ended
June 30, 2021
     For the Period
September 6, 2019*
through
June 30, 2020
 

Net asset value, beginning of period

   $ 55.89      $ 38.96      $ 25.06  

Investment operations:

 

Net investment loss1

     (0.13      (0.22      (0.11

Net realized and unrealized gain (loss)

     (3.89      17.15        14.01  

Total from investment operations

     (4.02      16.93        13.90  

Net asset value, end of period

   $ 51.87      $ 55.89      $ 38.96  

TOTAL RETURN2

     (7.19 )%       43.45      55.47

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 1,177,470      $ 1,277,042      $ 420,771  

Ratios to average net assets of:

 

Expenses

     0.45 %3       0.45      0.45 %3 

Net investment loss

     (0.44 )%3       (0.44 )%       (0.43 )%3 

Portfolio turnover rate4

     19      40      8

 

     
WisdomTree Cybersecurity Fund    For the
Six Months Ended
December 31, 2021
(unaudited)
     For the Period
January 28, 2021*
through
June 30, 2021
 

Net asset value, beginning of period

   $ 24.43      $ 24.17  

Investment operations:

 

Net investment income (loss)1

     0.10        (0.01

Net realized and unrealized gain

     1.67        0.27  

Total from investment operations

     1.77        0.26  

Dividends to shareholders:

 

Net investment income

     (0.11       

Net asset value, end of period

   $ 26.09      $ 24.43  

TOTAL RETURN2

     7.25      1.08

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

   $ 40,954      $ 26,875  

Ratios to average net assets of:

 

Expenses

     0.45 %3       0.45 %3 

Net investment income (loss)

     0.74 %3       (0.16 )%3 

Portfolio turnover rate4

     33      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.

 

See Notes to Financial Statements.

 

118   WisdomTree Trust


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 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 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 Investments, Inc. (“WisdomTree Investments”) 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 Investments 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 Investments 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 believes 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 (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market

 

WisdomTree Trust      119  


Notes to Financial Statements (unaudited) (continued)

 

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 for all Funds except for Forward Contracts in certain Asian currencies (Chinese renminbi, Chinese yuan, Hong Kong dollar, Indian rupee, Indonesian rupiah, Malaysian ringgit, Philippine peso, Singapore dollar, South Korean won, New Taiwan dollar, and the Thai baht) which are valued daily using WM/Reuters closing forward rates as of 2:00 pm Singapore 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 pricing policy. The Board of Trustees has established a pricing committee (the “Pricing 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 a national securities exchange, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Pricing 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 Pricing 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

 

120   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or 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 Pricing Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Pricing 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 Pricing 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 is included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

During the six months or period ended December 31, 2021, there were no significant transfers into or out of Level 3 of the fair value hierarchy.

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, 2021 and open positions in such derivatives as of December 31, 2021 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 Funds’ derivative agreements may also contain credit-risk related contingent features which include, but are not limited to, a percentage decline in the Funds’ NAV over a specified time period. If an event occurred at December 31, 2021 that triggered a contingent feature, the counterparty to the agreement may require the Funds to post additional collateral or terminate the derivative positions and demand payment. Any collateral posted with respect to the derivative positions would be used to offset or reduce the payment. The maximum exposure to derivatives agreements with credit-risk related contingent features 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, 2021, if any, is reflected as a footnote within each Fund’s Schedule of Investments.

 

WisdomTree Trust      121  


Notes to Financial Statements (unaudited) (continued)

 

As of December 31, 2021, 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
   $ 435,846      Unrealized depreciation on
foreign currency contracts
   $ 1,382,834  

Dynamic Currency Hedged International SmallCap Equity Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     148,403      Unrealized depreciation on
foreign currency contracts
     370,021  

Emerging Markets ESG Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     6  

Emerging Markets Efficient Core Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     33,740      Unrealized depreciation on
foreign currency contracts
     1,828  

Interest rate risk

   Unrealized appreciation on
futures contracts*
     64,657      Unrealized depreciation on
futures contracts*
      

International Efficient Core Fund

 

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     718  

Interest rate risk

   Unrealized appreciation on
futures contracts*
     220,428      Unrealized depreciation on
futures contracts*
      

U.S. Efficient Core Fund

 

Interest rate risk

   Unrealized appreciation on
futures contracts*
     4,718,538      Unrealized depreciation on
futures contracts*
     113,646  

 

  * 

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 125 for additional information regarding balance sheet location of balances associated with futures contracts.

For the six months or period ended December 31, 2021, 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

   $ 5,878,746      $ (2,618,469

Dynamic Currency Hedged International SmallCap Equity Fund

 

Equity risk

     3,195         

Foreign currency risk

     1,527,171        (619,480

Emerging Markets ESG Fund

 

Foreign currency risk

     (3,557      (6

International ESG Fund

 

Foreign currency risk

     297         

Emerging Markets Efficient Core Fund

 

Equity risk

     8,748        106  

Foreign currency risk

     (17,737      31,912  

Interest rate risk

     6,432        49,071  

International Efficient Core Fund

 

Foreign currency risk

     (1,716      (718

Interest rate risk

     (205,769      209,451  

U.S. Efficient Core Fund

 

Foreign currency risk

     18         

Interest rate risk

     (2,537,090      2,023,079  

Artificial Intelligence and Innovation Fund3

 

Foreign currency risk

     315         

 

122   WisdomTree Trust


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

 

BioRevolution Fund

 

Foreign currency risk

   $ 53      $  

Cybersecurity Fund

 

Foreign currency risk

     (14,145      (21
  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 December 9, 2021 (commencement of operations) through December 31, 2021.

During the six months or period ended December 31, 2021, 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

   $ 111,123,217      $ 227,835,932      $  

Dynamic Currency Hedged International SmallCap Equity Fund

        

Equity risk1

                   67,340  

Foreign currency risk

     29,578,401        59,104,853         

Emerging Markets ESG Fund

        

Foreign currency risk

            4,952         

International ESG Fund

        

Foreign currency risk1

     8,543        61,540         

Emerging Markets Efficient Core Fund

        

Equity risk

                   53,071  

Foreign currency risk

     1,590,164        651,949         

Interest rate risk

                   3,956,457  

International Efficient Core Fund

        

Foreign currency risk

     322,638        2,880         

Interest rate risk

                   14,802,267  

U.S. Efficient Core Fund

 

Foreign currency risk1

            175         

Interest rate risk

                   428,255,717  

Artificial Intelligence and Innovation Fund2

 

Foreign currency risk1

     70,740        5,099         

BioRevolution Fund

 

Foreign currency risk1

     9,470        87         

Cybersecurity Fund

 

Foreign currency risk

     9,251        748         
  1 

The volume of derivative activity for the period is based on intra-month balances.

  2 

For the period December 9, 2021 (commencement of operations) through December 31, 2021.

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 method. Dividend income (net of 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

 

WisdomTree Trust      123  


Notes to Financial Statements (unaudited) (continued)

 

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), net of 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, 2021, 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 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

 

124   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades. However, if a Fund is in an unrealized loss position on a foreign currency contract, it may be required to pledge collateral (or additional collateral) to the counterparty. If a Fund is in an unrealized gain position on a foreign currency contract, it may receive collateral from the counterparty. In the event of a default or inability of counterparties to meet the terms of their contracts, the non-defaulting party generally has the right to liquidate the collateral and apply the proceeds in satisfaction of the contract terms.

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 Dynamic Currency Hedged International SmallCap Equity 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 quarterly 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) at a specified future date. When a Fund sells a listed futures contract, it agrees to sell a specified reference asset (e.g., equity, currency or U.S. Treasury security) at a specified future date. The price at which the purchase and sale will take place is fixed when the Fund enters into the contract. 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 is shown as “Deposits at broker for futures contracts” in the Statement of Assets and Liabilities, and U.S. government securities deposited 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 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 margins received or paid by the Funds on both open and closed futures contracts 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”. Deposits at broker utilized for futures contract margin requirements generally are restricted from withdrawal. When a Fund purchases or sells a futures contract, the Fund is 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 will 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, will “cover” its position in a manner consistent with the 1940 Act or the rules and SEC interpretations thereunder. This will function as a practical limit on the amount of leverage which a Fund may undertake and on the potential increase in the speculative character of a Fund’s outstanding portfolio securities.

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 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

 

WisdomTree Trust      125  


Notes to Financial Statements (unaudited) (continued)

 

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). Generally, for transactions traded under an ISDA Master Agreement, the collateral requirements are calculated by netting the marked to market amount for each transaction under such agreement and comparing that amount to the value of any collateral currently pledged by a Fund and the counterparty. Generally, the amount of collateral due from or to a counterparty must exceed a minimum transfer amount threshold before a transfer is required to be made. 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.

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.

 

126   WisdomTree Trust


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, 2021, 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
   

Net Amount

 
Fund   Financial
Instruments
    Collateral
Received
    Financial
Instruments
    Collateral
Posted
 

Dynamic Currency Hedged International Equity Fund

               

Securities Lending

  $ 5,111,961     $     $ (5,111,961 )1    $     $     $     $     $  

Foreign Currency Contracts

    435,846       (435,846                 1,382,834       (435,846           946,988  

Dynamic Currency Hedged International SmallCap Equity Fund

               

Securities Lending

    1,719,380             (1,719,380 )1                               

Foreign Currency Contracts

    148,403       (148,403                 370,021       (148,403           221,618  

Emerging Markets ESG Fund

               

Securities Lending

    485,443             (485,443 )1                               

Foreign Currency Contracts

                            6                   6  

International ESG Fund

               

Securities Lending

    71,048             (71,048 )1                               

U.S. Corporate Bond Fund

               

Securities Lending

    1,972,993             (1,972,993 )1                               

U.S. High Yield Corporate Bond Fund

               

Securities Lending

    6,315,232             (6,315,232 )1                               

U.S. Short-Term Corporate Bond Fund

               

Securities Lending

    682,163             (682,163 )1                               

Emerging Markets Efficient Core Fund

               

Foreign Currency Contracts

    33,740       (167           33,573       1,828       (167           1,661  

International Efficient Core Fund

               

Foreign Currency Contracts

                            718                   718  

Cloud Computing Fund

               

Securities Lending

    39,645,337             (39,645,337 )1                               
  1 

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

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.

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.

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

 

WisdomTree Trust      127  


Notes to Financial Statements (unaudited) (continued)

 

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. 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.

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

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 Fund1

     0.45

BioRevolution Fund

     0.45

Cloud Computing Fund

     0.45

Cybersecurity Fund

     0.45
  1 

Since the commencement of operations on December 9, 2021.

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, 2021, 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 AFFE (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”.

 

128   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

During the six months or period ended December 31, 2021, 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 or period ended December 31, 2021, 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
 

Dynamic Currency Hedged International Equity Fund

   $ 5,754,779      $ 8,730,082      $ 1,404,664  

Dynamic Currency Hedged International SmallCap Equity Fund

     1,536,028        1,344,540        102,190  

WTAM and/or WisdomTree Investments (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended December 31, 2021, 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, 2021           For the six-months ended
December 31, 2021
 
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

     693      $ 21,351             $ 487  

International ESG Fund

     328        10,278               101  

U.S. Corporate Bond Fund

     18,000        967,207               13,077  

U.S. High Yield Corporate Bond Fund

     459        24,084               477  

U.S. Short-Term Corporate Bond Fund

     58,336        2,951,510               29,757  

U.S Efficient Core Fund

     133        5,896               26  

Cloud Computing Fund

     165        8,557                

Cybersecurity Fund

     73        1,916               8  

4. CAPITAL SHARE TRANSACTIONS

As of December 31, 2021, 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. Generally, Funds issue and redeem shares on a cash basis, however, shares may also be issued or redeemed in kind. 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, 2021 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

   $   56,229,351      $   50,145,483      $ 2,673,213      $  

Dynamic Currency Hedged International SmallCap Equity Fund

     24,972,900        21,605,324        13,362,393        10,231,863  

Emerging Markets ESG Fund

     10,098,401        12,331,799               1,418,720  

International ESG Fund

     2,758,880        2,773,402                

U.S. Corporate Bond Fund

     7,588,660        7,897,534                

U.S. High Yield Corporate Bond Fund

     21,611,239        19,739,028        51,292,078        25,181,998  

U.S. Short-Term Corporate Bond Fund

     4,156,789        4,455,059        10,070,614         

Emerging Markets Efficient Core Fund

     31,577,059        8,562,361        8,930,049         

International Efficient Core Fund

     3,498,794        118,680        72,994,009         

U.S. Efficient Core Fund

     18,752,154        19,544,057        392,123,806          35,930,739  

 

WisdomTree Trust      129  


Notes to Financial Statements (unaudited) (continued)

 

       
                   In-kind Capital Share Transactions  
Fund    Purchases      Sales      Purchases      Sales  

Artificial Intelligence and Innovation Fund1

   $ 1,249,485      $      $      $  

BioRevolution Fund

     365,606        322,843        1,845,668         

Cloud Computing Fund

     249,481,949        252,896,364        376,255,750        383,051,263  

Cybersecurity Fund

     11,911,936        11,829,494        19,116,828        5,994,908  
  1 

For the period December 9, 2021 (commencement of operations) through December 31, 2021.

6. FEDERAL INCOME TAXES

At December 31, 2021, 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
Appreciation/

(Depreciation)

   

Total Net
Unrealized
Appreciation/

(Depreciation)

 

Dynamic Currency Hedged International Equity Fund

  $ 148,418,946     $ 28,916,672     $ (5,134,258   $ 23,782,414             $ 153     $ (40,212   $ (40,059   $ 23,742,355  

Dynamic Currency Hedged International SmallCap Equity Fund

    45,273,472       4,817,596       (1,899,437     2,918,159               63       (19,817     (19,754     2,898,405  

Emerging Markets ESG Fund

    22,881,963       7,452,739       (1,745,364     5,707,375                     (6     (6     5,707,369  

International ESG Fund

    6,408,572       1,541,918       (130,090     1,411,828                                 1,411,828  

U.S. Corporate Bond Fund

    48,771,027       597,754       (752,954     (155,200                               (155,200

U.S. High Yield Corporate Bond Fund

    184,359,361       3,304,760       (1,843,427     1,461,333                                 1,461,333  

U.S. Short-Term Corporate Bond Fund

    40,095,588       243,680       (360,944     (117,264                               (117,264

Emerging Markets Efficient Core Fund

    33,535,965       497,910       (176,924     320,986               291       (1,718     (1,427     319,559  

International Efficient Core Fund

    78,194,879       1,099,040       (772,602     326,438                     (8     (8     326,430  

U.S. Efficient Core Fund

    705,617,071       184,646,885       (6,240,101     178,406,784                                 178,406,784  

Artificial Intelligence and Innovation Fund

    1,249,485       19,570       (39,853     (20,283                               (20,283

BioRevolution Fund

    4,387,293       246,645       (387,424     (140,779                               (140,779

Cloud Computing Fund

    1,267,787,572       136,267,682       (220,497,136     (84,229,454                               (84,229,454

Cybersecurity Fund

    40,530,192       4,884,202       (4,498,198     386,004                                 386,004  
  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 “Dividend Income”, 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 Liabilities in “Receivables: Foreign tax reclaims”.

 

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Notes to Financial Statements (unaudited) (concluded)

 

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, 2021, the ECJ tax reclaims received by the Funds did not exceed the foreign withholding taxes of the respective Funds.

7. ADDITIONAL INFORMATION

The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally for over a year, 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 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.

 

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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 Artificial Intelligence and Innovation Fund)

At a meeting of the Board of Trustees (the “Board” or the “Trustees”) of the WisdomTree Trust (the “Trust”) held on September 27-28, 2021 (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 9, 2021, 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 Investments, Inc. (“WTI”), 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 WTI indexes are unique, based on WTI’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 WTI’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 WTI 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, 2021, 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

 

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

 

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 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

 

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

 

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 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 Agreement

WisdomTree Artificial Intelligence and Innovation Fund (the “Fund”)

At a meeting of the Board of Trustees (the “Board”) of the WisdomTree Trust (the “Trust”) held on September 27-28, 2021, 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 (the “Sub-Adviser”) 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 August 17, 2021 and additional information at a meeting of the Board held on August 19, 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 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 Fund. 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 Fund’s 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.

 

134   WisdomTree Trust


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 had 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 the 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-Adviser 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 fee 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 passively managed 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 Funds 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 had 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-adviser, 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.

 

WisdomTree Trust      135  


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 Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on 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.

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.

 

136   WisdomTree Trust


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 Investments, 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 Investments, 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.


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