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WisdomTree Trust

Semi-Annual Report

September 30, 2023

 

WisdomTree Europe Hedged Equity Fund (HEDJ)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

WisdomTree Germany Hedged Equity Fund (DXGE)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

WisdomTree Japan Hedged Equity Fund (DXJ)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

 


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       8  
Schedules of Investments (unaudited)     

WisdomTree Europe Hedged Equity Fund

       10  

WisdomTree Europe Hedged SmallCap Equity Fund

       13  

WisdomTree Germany Hedged Equity Fund

       17  

WisdomTree International Hedged Quality Dividend Growth Fund

       19  

WisdomTree Japan Hedged Equity Fund

       27  

WisdomTree Japan Hedged SmallCap Equity Fund

       34  

Statements of Assets and Liabilities (unaudited)

       43  

Statements of Operations (unaudited)

       44  

Statements of Changes in Net Assets (unaudited)

       45  

Financial Highlights (unaudited)

       47  

Notes to Financial Statements (unaudited)

       50  

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

       62  

General Information (unaudited)

       65  

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


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

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

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

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

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

Shareholder Expense Examples

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

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2023 to September 30, 2023. 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 183/366 (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 September 30, 2023 (unaudited)

WisdomTree Europe Hedged Equity Fund (HEDJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    24.9

Consumer Staples

    14.9

Industrials

    14.1

Financials

    12.0

Information Technology

    9.4

Materials

    9.4

Health Care

    8.2

Communication Services

    5.7

Energy

    0.9

Utilities

    0.2

Other Assets less Liabilities‡

    0.3

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  

Stellantis NV

    7.8%  

Banco Bilbao Vizcaya Argentaria SA

    4.9%  

Banco Santander SA

    4.3%  

Sanofi

    4.3%  

ASML Holding NV

    4.1%  

L’Oreal SA

    3.9%  

LVMH Moet Hennessy Louis Vuitton SE

    3.8%  

Mercedes-Benz Group AG

    3.7%  

Deutsche Telekom AG, Registered Shares

    3.5%  

Bayerische Motoren Werke AG

    3.4%  
*

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 Europe Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index (the “Index”). In seeking to track the Index, the Fund invests in European dividend-paying companies while at the same time hedging exposure to the fluctuations of the value of the euro 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 September 30, 2023)

 

         
     

Beginning

Account Value

    

Ending

Account Value

    

Annualized

Expense Ratio

   

Expenses Paid

During the

Period

 

Actual

   $ 1,000.00      $ 995.60        0.58   $ 2.89  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
        Average Annual Total Return  
        6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

       -0.44      30.07      11.76      7.31      7.85

Fund Market Price Returns

       -0.86      31.30      11.69      7.30      7.77

WisdomTree Europe Hedged Equity Index

       -0.66      30.16      12.11      7.72      8.25

MSCI EMU Local Currency Index

       -1.78      24.29      9.93      5.01      6.35
*

Returns of less than one year are cumulative.

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 September 30, 2023 (unaudited)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    22.6%  

Financials

    19.3%  

Materials

    10.5%  

Utilities

    9.8%  

Real Estate

    8.5%  

Consumer Discretionary

    5.8%  

Information Technology

    5.7%  

Communication Services

    5.5%  

Consumer Staples

    5.1%  

Energy

    3.8%  

Health Care

    2.8%  

Other Assets less Liabilities‡

    0.6%  

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  

Klepierre SA

    2.4%  

BE Semiconductor Industries NV

    2.0%  

Enagas SA

    2.0%  

Banco BPM SpA

    1.9%  

Rexel SA

    1.9%  

ASR Nederland NV

    1.9%  

Merlin Properties Socimi SA

    1.7%  

A2A SpA

    1.7%  

Mapfre SA

    1.6%  

BAWAG Group AG

    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 Europe Hedged SmallCap Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged SmallCap Equity Index (the “Index”). In seeking to track the Index, the Fund invests in European small-cap dividend-paying companies while at the same time hedging exposure to fluctuations of the value of the euro 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 September 30, 2023)

 

         
     

Beginning

Account Value

    

Ending

Account Value

    

Annualized

Expense Ratio

   

Expenses Paid

During the
Period

 

Actual

   $ 1,000.00      $ 1,008.80        0.58   $ 2.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       0.88      23.65      10.67      5.44      6.87

Fund Market Price Returns

       0.66      25.24      10.82      5.54      6.77

WisdomTree Europe Hedged SmallCap Equity Index

       0.80      23.82      10.79      5.56      6.97

MSCI European Economic and Monetary Union (EMU) Small Cap Local Currency Index

       -2.76      18.54      7.63      4.03      5.99
*

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 March 4, 2015.

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 September 30, 2023 (unaudited)

WisdomTree Germany Hedged Equity Fund (DXGE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.6%  

Consumer Discretionary

    22.4%  

Materials

    11.0%  

Industrials

    9.8%  

Communication Services

    8.0%  

Health Care

    7.4%  

Information Technology

    6.8%  

Utilities

    6.3%  

Consumer Staples

    2.7%  

Energy

    0.1%  

Other Assets less Liabilities‡

    1.9%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

Mercedes-Benz Group AG

    9.1%  

Allianz SE, Registered Shares

    8.6%  

Deutsche Telekom AG, Registered Shares

    8.1%  

Bayerische Motoren Werke AG

    6.4%  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

    4.8%  

SAP SE

    4.6%  

E.ON SE

    4.5%  

BASF SE

    4.5%  

Hannover Rueck SE

    4.3%  

Deutsche Post AG, Registered Shares

    3.7%  
*

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 Germany Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Germany Hedged Equity Index (the “Index”). In seeking to track the Index, the Fund invests in German dividend-paying companies with an exporter tilt while at the same time hedging exposure to fluctuations of the value of the euro 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 September 30, 2023)

 

         
     

Beginning

Account Value

    

Ending

Account Value

    

Annualized

Expense Ratio

   

Expenses Paid

During the
Period

 

Actual

   $ 1,000.00      $ 999.50        0.48   $ 2.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

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

Fund NAV Returns

       -0.05      31.05      11.35      6.87      7.47

Fund Market Price Returns

       -0.22      32.43      11.32      6.91      7.36

WisdomTree Germany Hedged Equity Index

       -0.57      31.10      11.46      7.03      7.62

MSCI Germany Local Currency Index

       -2.65      25.40      3.19      2.14      4.31
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on October 17, 2013.

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 September 30, 2023 (unaudited)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    20.1%  

Health Care

    19.8%  

Consumer Staples

    18.3%  

Industrials

    14.5%  

Information Technology

    11.7%  

Financials

    5.0%  

Communication Services

    3.5%  

Materials

    2.4%  

Utilities

    2.0%  

Real Estate

    1.1%  

Energy

    0.8%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.7%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

LVMH Moet Hennessy Louis Vuitton SE

    5.4%  

Novartis AG, Registered Shares

    4.7%  

Industria de Diseno Textil SA

    4.5%  

Unilever PLC

    4.5%  

GSK PLC

    4.1%  

Nestle SA, Registered Shares

    3.9%  

Novo Nordisk AS, Class B

    3.8%  

SAP SE

    3.1%  

L’Oreal SA

    2.9%  

Roche Holding AG

    2.5%  
*

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 International Hedged Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Hedged Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in developed countries, excluding U.S. and Canada, while at the same time 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 September 30, 2023)

 

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

Actual

   $ 1,000.00      $ 1,000.90        0.58   $ 2.90  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

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

Fund NAV Returns

       0.09      19.51      8.28      8.39      8.43

Fund Market Price Returns

       -0.53      20.06      8.19      8.39      8.32

WisdomTree International Hedged Quality Dividend Growth Index

       0.27      20.22      8.85      8.98      9.07

MSCI EAFE Local Currency Index

       2.96      20.32      10.81      5.65      6.50
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 7, 2014.

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 September 30, 2023 (unaudited)

WisdomTree Japan Hedged Equity Fund (DXJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    25.9%  

Consumer Discretionary

    17.5%  

Financials

    15.9%  

Information Technology

    10.7%  

Materials

    10.4%  

Health Care

    7.3%  

Consumer Staples

    6.2%  

Communication Services

    2.7%  

Energy

    1.9%  

Real Estate

    0.0%

Other Assets less Liabilities‡

    1.5%  

Total

    100.0%  

 

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

 

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

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Toyota Motor Corp.

    5.1%  

Mitsubishi UFJ Financial Group, Inc.

    4.7%  

Mitsubishi Corp.

    3.5%  

Sumitomo Mitsui Financial Group, Inc.

    3.3%  

Mitsui & Co. Ltd.

    2.9%  

Japan Tobacco, Inc.

    2.7%  

Tokio Marine Holdings, Inc.

    2.4%  

Tokyo Electron Ltd.

    2.4%  

Takeda Pharmaceutical Co. Ltd.

    2.2%  

Honda Motor Co. Ltd.

    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 Japan Hedged Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged Equity Index (the “Index”). The Fund seeks to provide Japanese equity returns while mitigating or “hedging” against fluctuations between the value of the Japanese yen and the U.S. dollar. In seeking to track the Index, the Fund invests in Japanese dividend-paying companies with an exporter tilt while at the same time hedging exposure to fluctuations of the value of the Japanese yen 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 September 30, 2023)

 

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

Actual

   $ 1,000.00      $ 1,264.70        0.48   $ 2.72  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.60        0.48   $ 2.43  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     26.47      48.65      25.65      11.74      10.57

Fund Market Price Returns

     25.78      47.92      25.28      11.72      10.46

WisdomTree Japan Hedged Equity Index

     27.03      49.86      26.19      12.26      11.26

MSCI Japan Local Currency Index

     17.43      29.82      15.40      7.78      8.85
*

Returns of less than one year are cumulative.

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 September 30, 2023 (unaudited)

WisdomTree Japan Hedged SmallCap Equity Fund (DXJS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    25.0%  

Materials

    16.7%  

Consumer Discretionary

    16.6%  

Information Technology

    12.1%  

Financials

    10.7%  

Consumer Staples

    7.3%  

Health Care

    4.4%  

Communication Services

    1.9%  

Real Estate

    1.8%  

Energy

    1.4%  

Utilities

    0.8%  

Other Assets less Liabilities‡

    1.3%  

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  

Kobe Steel Ltd.

    1.7

Cosmo Energy Holdings Co. Ltd.

    0.9

Tokyo Seimitsu Co. Ltd.

    0.7

Aozora Bank Ltd.

    0.7

Seven Bank Ltd.

    0.6

Nippon Electric Glass Co. Ltd.

    0.6

Macnica Holdings, Inc.

    0.6

Toyo Tire Corp.

    0.5

K’s Holdings Corp.

    0.5

Mebuki Financial Group, Inc.

    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 Japan Hedged SmallCap Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan Hedged SmallCap Equity Index (the “Index”). In seeking to track the Index, the Fund invests in Japanese small-cap dividend-paying companies while at the same time hedging exposure to fluctuations of the value of the Japanese yen 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 September 30, 2023)

 

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

Actual

   $ 1,000.00      $ 1,201.50        0.58   $ 3.19  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.10        0.58   $ 2.93  

Performance

 

   
      Average Annual Total Return  
      6-Month*      1 Year      3 Year      5 Year      10 Year  

Fund NAV Returns

     20.15      35.00      17.08      7.66      10.74

Fund Market Price Returns

     19.54      34.23      16.84      7.67      10.63

WisdomTree Japan Hedged SmallCap Equity Index

     20.63      35.98      17.66      8.20      11.48

MSCI Japan Small Cap Local Currency Index

     13.66      21.76      11.46      5.18      9.05
*

Returns of less than one year are cumulative.

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  


Description of Terms and Indexes (unaudited)

 

 

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

Growth is generally characterized by higher price levels relative to fundamentals, such as dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.

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, calculated in local currency.

The MSCI European Economic and Monetary Union (EMU) Local Currency Index is a

free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the developed market countries within the EMU. The securities are priced in local currency terms with no conversion into U.S. dollars.

The MSCI European Economic and Monetary Union (EMU) Small Cap Local Currency Index is a free float-adjusted market capitalization weighted index that captures small cap representation across the 10 Developed Market countries in the EMU and is calculated in local currency.

The MSCI Germany Local Currency Index is a capitalization weighted index that. measures the performance of the Germany equity market and provides local currency returns, which are not translated back to U.S. dollars.

The MSCI Japan Local Currency Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance in Japan and calculated in local currency.

The MSCI Japan Small Cap Local Currency Index is a free float-adjusted market capitalization index that is designed to measure the performance of small cap stocks within Japan and calculated in local currency.

Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.

Return-on-Equity (ROE) measures a corporation’s profitability by revealing how much profit a company generates with the money shareholders have invested.

The WisdomTree Europe Hedged Equity Index is designed to provide exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the U.S. dollar.

The WisdomTree Europe Hedged SmallCap Equity Index is designed to provide exposure to the European equity markets while at the same time neutralizing exposure to fluctuations of the Euro movements relative to U.S. dollar.

The WisdomTree Germany Hedged Equity Index is designed to provide exposure to Germany equity markets while at the same time neutralizing exposure to fluctuations of the Euro movements relative to the U.S. dollar. In this sense, the Index “hedges” against fluctuations in the relative value of the Euro against the U.S. dollar.

The WisdomTree International Hedged Quality Dividend Growth Index is designed to provide exposure to the developed market companies while at the same time neutralizing exposure to fluctuations between the value of foreign currencies and the U.S. dollar.

The WisdomTree Japan Hedged Equity Index is designed to provide exposure to Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the U.S. dollar.

The WisdomTree Japan Hedged SmallCap Equity Index is designed to provide exposure to the small-capitalization segment of the Japanese equity markets while at the same time neutralizing exposure to fluctuations of the Japanese Yen movements relative to the U.S.

dollar.

 

8   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

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

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

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

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

* * * * * *

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

 

Currency abbreviations:     
AUD   Australian dollar    ILS   Israeli new shekel     
CHF   Swiss franc    JPY   Japanese yen     
DKK   Danish krone    NOK   Norwegian krone     
EUR   Euro    SEK   Swedish krona     
GBP   British pound    SGD   Singapore dollar     
HKD   Hong Kong dollar    USD   U.S. dollar     
Other abbreviations:                      
CVA   Certificaten Van Aandelen (Certificate of Stock)  

 

WisdomTree Trust      9  


Schedule of Investments (unaudited)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%

 

Austria – 0.5%

 

ANDRITZ AG

     124,247      $ 6,290,555  

AT&S Austria Technologie & Systemtechnik AG

     17,775        527,316  
     

 

 

 
Total Austria

 

     6,817,871  
Belgium – 3.6%

 

Anheuser-Busch InBev SA

     420,759        23,392,082  

Barco NV

     41,673        810,949  

Bekaert SA

     71,186        3,198,626  

Melexis NV

     44,677        3,864,555  

Solvay SA

     101,261        11,240,978  

UCB SA

     78,682        6,459,436  
     

 

 

 
Total Belgium

 

     48,966,626  
Finland – 3.3%

 

Cargotec Oyj, Class B

     36,495        1,532,426  

Fiskars Oyj Abp(a)

     89,080        1,644,827  

Huhtamaki Oyj(a)

     63,736        2,102,017  

Kemira Oyj

     145,920        2,277,224  

Kone Oyj, Class B

     458,536        19,380,162  

Konecranes Oyj(a)

     102,288        3,407,037  

Metso Oyj(a)

     581,010        6,123,147  

Nokia Oyj

     1,172,683        4,429,951  

Valmet Oyj(a)

     206,528        4,736,209  
     

 

 

 
Total Finland

 

     45,633,000  
France – 25.7%

 

Air Liquide SA(a)

     112,310        19,006,289  

Airbus SE(a)

     123,061        16,544,331  

Arkema SA

     28,540        2,827,077  

BioMerieux(a)

     11,160        1,084,913  

Bureau Veritas SA(a)

     105,551        2,627,292  

Cie Generale des Etablissements Michelin SCA

     333,020        10,249,644  

Danone SA(a)

     292,421        16,179,735  

Dassault Aviation SA

     15,286        2,887,235  

Dassault Systemes SE

     65,936        2,463,935  

Eramet SA(a)

     17,208        1,316,321  

EssilorLuxottica SA(a)

     74,868        13,091,655  

Gaztransport & Technigaz SA(a)

     17,764        2,191,090  

Hermes International SCA

     10,151        18,590,803  

Imerys SA(a)

     36,482        1,081,509  

Interparfums SA

     12,139        676,024  

IPSOS SA

     15,133        697,601  

Kering SA(a)

     34,414        15,736,632  

L’Oreal SA

     128,423        53,462,561  

Lectra(a)

     6,888        187,786  

Legrand SA

     61,886        5,720,054  

LVMH Moet Hennessy Louis Vuitton SE(a)

     67,962        51,548,397  

Neoen SA(a)(b)

     1,654        48,367  

Nexans SA(a)

     8,102        660,934  

Pernod Ricard SA

     95,783        16,007,609  

Publicis Groupe SA

     109,899        8,349,676  

Remy Cointreau SA(a)

     6,407        784,502  

Rubis SCA

     97,297        2,188,000  

Sanofi

     542,900        58,330,237  

Sartorius Stedim Biotech(a)

     3,516      841,300  

Schneider Electric SE

     134,659        22,380,673  

Societe BIC SA

     15,522        1,026,298  

Sodexo SA

     22,248        2,297,091  

Teleperformance SE

     7,513        949,754  

Valeo SE(a)

     55,175        953,942  
     

 

 

 
Total France

 

     352,989,267  
Germany – 23.6%

 

adidas AG

     67,505        11,908,485  

AIXTRON SE

     12,309        453,780  

BASF SE

     683,606        31,085,830  

Bayer AG, Registered Shares

     398,367        19,169,495  

Bayerische Motoren Werke AG

     451,329        46,054,662  

Beiersdorf AG

     17,107        2,212,385  

Brenntag SE

     35,969        2,798,279  

Deutsche Telekom AG, Registered Shares

     2,263,626        47,615,929  

Duerr AG

     14,698        399,931  

Evonik Industries AG

     290,120        5,321,626  

GEA Group AG

     47,260        1,749,277  

Hannover Rueck SE

     65,768        14,476,466  

Hapag-Lloyd AG(a)(b)

     73,809        13,456,618  

Heidelberg Materials AG

     103,531        8,058,781  

Henkel AG & Co. KGaA

     79,914        5,052,847  

HOCHTIEF AG

     28,286        2,867,502  

Hugo Boss AG

     15,507        983,769  

Infineon Technologies AG

     136,528        4,532,335  

Jenoptik AG

     2,864        72,774  

Krones AG

     6,747        696,837  

Mercedes-Benz Group AG

     718,918        50,152,467  

Merck KGaA

     13,964        2,338,151  

MTU Aero Engines AG

     6,087        1,106,862  

Puma SE

     23,892        1,487,385  

SAP SE

     245,726        31,953,147  

Siemens Healthineers AG(b)

     201,376        10,233,929  

Siltronic AG

     13,572        1,163,199  

Symrise AG

     13,211        1,263,319  

Wacker Chemie AG

     36,346        5,219,992  
     

 

 

 
Total Germany

 

     323,886,059  
Ireland – 0.5%

 

Glanbia PLC(a)

     177,734        2,937,425  

Kerry Group PLC, Class A

     42,453        3,558,913  
     

 

 

 
Total Ireland

 

     6,496,338  
Italy – 2.4%

 

Brunello Cucinelli SpA(a)

     15,564        1,187,268  

Carel Industries SpA(b)

     15,857        381,101  

Davide Campari-Milano NV

     167,830        1,983,909  

DiaSorin SpA

     10,028        917,534  

Ferrari NV

     45,720        13,539,173  

Leonardo SpA

     246,341        3,562,713  

Moncler SpA

     78,073        4,552,901  

Prysmian SpA

     95,997        3,877,445  

Reply SpA

     5,042        475,368  

 

See Notes to Financial Statements.

 

10   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2023

 

 

 

Investments    Shares      Value  

Salvatore Ferragamo SpA(a)

     80,806      $ 1,072,839  

Webuild SpA

     890,503        1,588,652  
     

 

 

 
Total Italy

 

     33,138,903  
Netherlands – 17.2%

 

Aegon NV(a)

     2,212,709        10,734,278  

Arcadis NV

     61,630        2,779,682  

ASM International NV

     9,868        4,152,979  

ASML Holding NV

     95,851        56,738,726  

BE Semiconductor Industries NV

     116,534        11,474,375  

Corbion NV

     29,868        596,405  

Heineken Holding NV

     137,633        10,404,333  

Heineken NV(a)

     329,262        29,094,670  

IMCD NV(a)

     15,573        1,978,550  

JDE Peet’s NV(a)

     287,741        8,048,742  

Koninklijke Ahold Delhaize NV

     838,166        25,308,884  

Koninklijke Vopak NV

     188,558        6,472,192  

OCI NV*

     775,040        21,654,938  

SBM Offshore NV(a)

     317,015        4,172,001  

Signify NV(b)

     154,100        4,162,043  

Universal Music Group NV(a)

     846,713        22,169,392  

Wolters Kluwer NV

     139,143        16,889,969  
     

 

 

 
Total Netherlands

 

     236,832,159  
Portugal – 0.1%

 

Altri SGPS SA(a)

     198,238        899,565  

Greenvolt-Energias Renovaveis SA*

     189        1,067  
     

 

 

 
Total Portugal

 

     900,632  
Spain – 13.4%

 

Acerinox SA

     545,045        5,288,237  

ACS Actividades de Construccion y Servicios SA

     761,483        27,467,921  

Banco Bilbao Vizcaya Argentaria SA(a)

     8,237,590        67,243,141  

Banco Santander SA

     15,472,250        59,275,536  

CIE Automotive SA

     79,444        2,156,615  

Ebro Foods SA(a)

     104,878        1,765,529  

Fluidra SA(a)

     225,458      4,623,690  

Mapfre SA

     6,295,248        12,863,631  

Viscofan SA(a)

     48,690        2,979,621  
     

 

 

 
Total Spain

 

     183,663,921  
Switzerland – 1.0%

 

DSM-Firmenich AG

     81,881        6,946,591  

STMicroelectronics NV(a)

     148,483        6,443,103  
     

 

 

 
Total Switzerland

 

     13,389,694  
United Kingdom – 0.6%

 

CNH Industrial NV

     679,480        8,301,870  
United States – 7.8%

 

Stellantis NV

     5,546,271        106,931,208  

TOTAL COMMON STOCKS

(Cost: $1,236,065,139)

 

 

     1,367,947,548  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.3%

 

United States – 4.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(c)

 

  
(Cost: $58,888,051)      58,888,051        58,888,051  

TOTAL INVESTMENTS IN SECURITIES – 104.0%

(Cost: $1,294,953,190)

 

 

     1,426,835,599  

Other Assets less Liabilities – (4.0)%

 

     (54,969,320
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,371,866,279  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $68,385,583 and the total market value of the collateral held by the Fund was $71,924,905. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $13,036,854.

 

(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 September 30, 2023.

 

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
 

Barclays Bank PLC

    10/4/2023       354,337,039       USD       326,014,227       EUR     $ 9,155,541     $  

Citibank NA

    10/3/2023       664,515       USD       628,460       EUR             (867

Citibank NA

    10/4/2023       354,337,039       USD       326,014,227       EUR       9,155,541        

Goldman Sachs

    10/4/2023       332,738,126       EUR       352,306,455       USD             (5,742

Goldman Sachs

    11/3/2023       340,697,439       USD       321,379,328       EUR       3,201        

HSBC Holdings PLC

    10/4/2023       332,740,010       EUR       352,306,454       USD             (3,745

HSBC Holdings PLC

    10/4/2023       354,337,039       USD       326,013,927       EUR       9,155,858        

HSBC Holdings PLC

    11/3/2023       340,697,439       USD       321,380,843       EUR       1,594        

JP Morgan Chase Bank NA

    10/4/2023       7,572,325       EUR       8,122,339       USD             (104,816

JP Morgan Chase Bank NA

    10/4/2023       332,741,267       EUR       352,306,454       USD             (2,414

JP Morgan Chase Bank NA

    11/3/2023       340,697,439       USD       321,380,843       EUR       1,594        

Morgan Stanley & Co. International

    10/4/2023       332,740,953       EUR       352,306,454       USD             (2,747

Morgan Stanley & Co. International

    10/4/2023       354,337,039       USD       326,027,726       EUR       9,141,249        

Morgan Stanley & Co. International

    11/3/2023       340,697,439       USD       321,382,056       EUR       309        
                                            $ 36,614,887     $ (120,331

 

See Notes to Financial Statements.

 

WisdomTree Trust      11  


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Hedged Equity Fund (HEDJ)

September 30, 2023

 

 

 

FAIR VALUATION SUMMARY
The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 1,367,947,548      $      $      $ 1,367,947,548  

Investment of Cash Collateral for Securities Loaned

            58,888,051               58,888,051  

Total Investments in Securities

   $ 1,367,947,548      $ 58,888,051      $  —      $ 1,426,835,599  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 36,614,887      $      $ 36,614,887  

Liabilities:

 

     

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ (120,331    $      $ (120,331

Total – Net

   $ 1,367,947,548      $ 95,382,607      $      $ 1,463,330,155  
1 

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

 

See Notes to Financial Statements.

 

12   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.4%

 

Austria – 6.5%

 

ANDRITZ AG

     12,773      $ 646,690  

AT&S Austria Technologie & Systemtechnik AG

     2,201        65,295  

BAWAG Group AG*(a)

     19,405        892,888  

EVN AG

     13,422        359,527  

Oesterreichische Post AG

     8,618        283,310  

Porr AG

     2,982        37,065  

S IMMO AG*

     4,898        66,481  

Schoeller-Bleckmann Oilfield Equipment AG

     538        31,784  

Semperit AG Holding

     1,888        34,101  

Telekom Austria AG

     12,732        88,968  

UNIQA Insurance Group AG

     28,973        234,972  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     6,039        168,796  

Voestalpine AG

     22,809        624,011  

Wienerberger AG

     8,944        227,646  
     

 

 

 
Total Austria

 

     3,761,534  
Belgium – 7.5%

 

Ackermans & van Haaren NV

     1,546        234,230  

Aedifica SA

     3,949        225,147  

Barco NV

     4,201        81,751  

Bekaert SA

     7,388        331,968  

bpost SA

     29,180        160,187  

Cofinimmo SA

     7,635        524,623  

Econocom Group SA

     5,921        15,641  

Etablissements Franz Colruyt NV

     14,620        634,017  

Euronav NV

     3,581        58,236  

Fagron

     2,878        49,088  

Intervest Offices & Warehouses NV

     2,972        43,108  

Melexis NV

     3,493        302,144  

Proximus SADP

     100,122        816,020  

Recticel SA(b)

     2,673        26,546  

VGP NV

     4,332        403,383  

Warehouses De Pauw CVA

     14,125        350,541  

Xior Student Housing NV

     2,784        79,879  
     

 

 

 
Total Belgium

 

     4,336,509  
Denmark – 0.1%

 

Cementir Holding NV

     8,037        63,819  
Finland – 8.7%

 

Cargotec Oyj, Class B

     4,024        168,968  

Caverion Oyj

     9,533        86,901  

Citycon Oyj*(b)

     33,062        185,698  

Harvia Oyj

     1,894        51,295  

Huhtamaki Oyj

     6,776        223,473  

Kemira Oyj

     11,341        176,987  

Kesko Oyj, Class B

     35,755        642,410  

Kojamo Oyj(b)

     16,597        147,605  

Konecranes Oyj

     10,555        351,569  

Lassila & Tikanoja Oyj

     3,392        34,979  

Metsa Board Oyj, Class B(b)

     30,699        247,182  

Metso Oyj

     59,938        631,675  

Musti Group Oyj*

     2,119        40,383  

Orion Oyj, Class B

     8,451      333,026  

Outokumpu Oyj

     41,133        172,848  

Puuilo Oyj

     12,092        103,123  

Raisio Oyj, Class V

     16,507        36,090  

Sanoma Oyj

     4,689        34,553  

Terveystalo Oyj(a)(b)

     11,313        90,551  

TietoEVRY Oyj

     16,176        364,791  

Tokmanni Group Corp.

     10,933        152,215  

Uponor Oyj

     8,369        251,998  

Valmet Oyj(b)

     21,743        498,622  
     

 

 

 
Total Finland

 

     5,026,942  
France – 16.7%

 

Alten SA

     887        117,013  

Antin Infrastructure Partners SA

     3,226        41,772  

Arkema SA

     6,438        637,727  

Beneteau SA

     5,642        68,456  

Cie Plastic Omnium SE

     7,269        118,519  

Coface SA

     28,780        368,087  

Derichebourg SA

     27,338        138,353  

Elis SA

     17,710        312,383  

Eramet SA

     4,000        305,979  

Etablissements Maurel & Prom SA

     21,771        112,761  

Eurazeo SE

     5,635        336,784  

Fnac Darty SA(b)

     3,682        90,441  

Gaztransport & Technigaz SA

     3,858        475,863  

Imerys SA

     7,666        227,258  

Interparfums SA

     2,925        162,894  

IPSOS SA

     3,594        165,676  

Klepierre SA

     56,898        1,399,393  

Lectra

     1,688        46,020  

LISI

     1,985        46,761  

Maisons du Monde SA(a)

     6,248        48,191  

Neoen SA(a)

     858        25,090  

Nexans SA

     1,785        145,614  

Quadient SA

     3,130        63,295  

Rexel SA

     48,203        1,087,044  

Rothschild & Co.

     2,269        92,729  

Rubis SCA

     21,137        475,326  

Societe BIC SA

     3,421        226,193  

Sopra Steria Group SACA

     1,115        231,261  

SPIE SA

     10,517        306,432  

Technip Energies NV

     14,981        373,847  

Television Francaise 1 SA(b)

     33,714        258,608  

Trigano SA

     811        110,336  

Valeo SE

     11,668        201,733  

Verallia SA(a)

     10,099        398,609  

Vicat SACA

     5,007        153,469  

Wendel SE

     3,864        307,030  
     

 

 

 
Total France

 

     9,676,947  
Germany – 13.1%

 

7C Solarparken AG

     7,952        27,236  

AIXTRON SE

     2,742        101,086  

alstria office REIT-AG

     4,086        16,115  

 

See Notes to Financial Statements.

 

WisdomTree Trust      13  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2023

 

 

 

Investments    Shares      Value  

Aurubis AG

     2,714      $ 201,544  

BayWa AG

     1,930        68,862  

Bechtle AG

     4,348        203,656  

Bilfinger SE

     3,710        127,423  

CompuGroup Medical SE & Co. KGaA

     1,759        69,056  

CropEnergies AG

     6,182        51,838  

Dermapharm Holding SE

     6,909        286,159  

Deutz AG

     11,990        53,063  

Duerr AG

     3,232        87,942  

Energiekontor AG

     522        42,555  

Fielmann Group AG

     6,464        279,773  

Freenet AG

     22,996        540,017  

GEA Group AG

     10,676        395,160  

Gerresheimer AG

     1,564        164,678  

Hamborner REIT AG

     8,769        59,883  

Hamburger Hafen und Logistik AG

     7,025        125,102  

Hensoldt AG

     2,691        79,604  

HOCHTIEF AG

     6,562        665,225  

Hornbach Holding AG & Co. KGaA

     1,377        88,130  

Hugo Boss AG

     3,646        231,303  

Indus Holding AG

     2,986        63,545  

Instone Real Estate Group SE(a)

     9,317        57,904  

JOST Werke SE(a)

     982        47,202  

K & S AG, Registered Shares

     6,124        111,391  

Kloeckner & Co. SE

     29,506        213,522  

Krones AG

     1,652        170,620  

Mutares SE & Co. KGaA

     2,733        79,718  

Rheinmetall AG

     2,123        548,220  

SAF-Holland SE

     5,442        70,351  

Salzgitter AG

     4,775        126,894  

Scout24 SE(a)

     3,048        211,889  

Siltronic AG

     3,242        277,858  

Sixt SE

     2,925        271,903  

Stroeer SE & Co. KGaA

     6,645        296,190  

Suedzucker AG

     23,533        350,811  

Synlab AG

     14,378        153,597  

United Internet AG, Registered Shares

     12,230        262,337  

Varta AG*(b)

     8,299        157,939  

VERBIO Vereinigte BioEnergie AG

     388        15,655  

Wacker Neuson SE

     4,766        97,388  
     

 

 

 
Total Germany

 

     7,550,344  
Ireland – 0.8%

 

Cairn Homes PLC

     75,282        87,197  

Glanbia PLC

     18,421        304,445  

Origin Enterprises PLC

     11,919        41,139  
     

 

 

 
Total Ireland

 

     432,781  
Italy – 19.8%

 

A2A SpA

     551,511        984,476  

ACEA SpA

     13,207        144,164  

Alerion Cleanpower SpA

     2,291        64,642  

Anima Holding SpA(a)

     71,919        302,293  

Ariston Holding NV

     4,399        28,713  

Arnoldo Mondadori Editore SpA

     22,400        50,752  

Azimut Holding SpA

     26,455      579,231  

Banca Generali SpA

     17,820        632,231  

Banca Mediolanum SpA

     91,186        782,193  

Banca Popolare di Sondrio SpA

     51,229        264,468  

Banco BPM SpA

     231,112        1,109,668  

BPER Banca

     112,184        344,091  

Brembo SpA

     19,832        246,926  

Brunello Cucinelli SpA(b)

     1,644        125,409  

Buzzi SpA

     11,047        303,161  

Cairo Communication SpA

     28,422        48,448  

Carel Industries SpA(a)

     1,622        38,982  

Credito Emiliano SpA

     18,343        151,093  

Danieli & C Officine Meccaniche SpA(b)

     2,616        74,505  

De’ Longhi SpA

     15,730        343,408  

El.En. SpA(b)

     3,036        27,981  

Enav SpA(a)

     32,434        120,326  

ERG SpA

     15,470        374,093  

Esprinet SpA(b)

     9,192        47,200  

Hera SpA

     186,030        510,124  

Immobiliare Grande Distribuzione SIIQ SpA(b)

     25,234        57,040  

Interpump Group SpA

     1,790        82,421  

Iren SpA

     215,682        416,745  

Italgas SpA

     167,805        862,024  

Italian Sea Group SpA

     3,708        28,933  

Leonardo SpA

     25,228        364,861  

Maire Tecnimont SpA

     46,940        193,424  

MARR SpA

     6,989        88,795  

OVS SpA(a)

     14,972        31,196  

Piaggio & C SpA

     41,512        132,995  

RAI Way SpA(a)

     18,224        95,509  

Reply SpA

     595        56,098  

Salcef Group SpA

     4,103        95,786  

Salvatore Ferragamo SpA(b)

     9,021        119,769  

Sanlorenzo SpA

     1,575        59,197  

SOL SpA

     2,572        72,979  

Technogym SpA(a)

     11,463        88,839  

Unieuro SpA(a)(b)

     5,633        50,515  

Unipol Gruppo SpA

     111,856        606,586  

Webuild SpA(b)

     91,515        163,262  

Zignago Vetro SpA

     6,309        94,717  
     

 

 

 
Total Italy

 

     11,460,269  
Netherlands – 8.0%

 

Aalberts NV

     7,336        269,359  

AMG Critical Materials NV

     1,672        50,452  

Arcadis NV(b)

     6,550        295,423  

ASR Nederland NV

     28,899        1,086,799  

BE Semiconductor Industries NV(b)

     11,981        1,179,694  

Corbion NV

     3,101        61,921  

ForFarmers NV(b)

     17,905        47,013  

Koninklijke Heijmans NV

     7,779        88,125  

Koninklijke Vopak NV

     19,437        667,169  

SBM Offshore NV(b)

     32,568        428,604  

Signify NV(a)

     15,883        428,979  

Sligro Food Group NV

     2,539        45,107  
     

 

 

 
Total Netherlands

 

     4,648,645  

 

See Notes to Financial Statements.

 

14   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2023

 

 

 

Investments    Shares      Value  
Portugal – 2.7%

 

Altri SGPS SA(b)

     20,075      $ 91,096  

Banco Comercial Portugues SA, Class R*

     238,481        65,749  

Corticeira Amorim SGPS SA

     7,330        75,511  

CTT-Correios de Portugal SA

     15,311        56,332  

Mota-Engil SGPS SA

     32,070        116,293  

Navigator Co. SA

     83,374        314,955  

NOS SGPS SA

     82,685        304,824  

REN – Redes Energeticas Nacionais SGPS SA

     107,113        274,442  

Sonae SGPS SA

     253,094        246,526  
     

 

 

 
Total Portugal

 

     1,545,728  
Spain – 15.5%

 

Acerinox SA

     56,553        548,699  

Almirall SA

     8,616        87,755  

Applus Services SA

     8,462        88,695  

Banco de Sabadell SA

     508,058        591,966  

Bankinter SA

     127,472        815,704  

Cia de Distribucion Integral Logista Holdings SA

     27,938        715,820  

CIE Automotive SA

     8,376        227,378  

Construcciones y Auxiliar de Ferrocarriles SA

     3,255        102,008  

Ebro Foods SA

     5,445        91,662  

Enagas SA

     68,930        1,144,321  

Ence Energia y Celulosa SA(b)

     44,885        150,835  

Ercros SA

     8,223        26,205  

Faes Farma SA

     33,221        112,553  

Fluidra SA(b)

     23,161        474,986  

Gestamp Automocion SA(a)

     31,151        130,275  

Global Dominion Access SA(a)

     10,076        35,738  

Grupo Catalana Occidente SA

     2,974        96,036  

Indra Sistemas SA

     6,946        100,751  

Inmobiliaria Colonial Socimi SA

     56,555        322,142  

Laboratorios Farmaceuticos Rovi SA

     3,891        211,541  

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

     87,378        80,948  

Mapfre SA

     464,328        948,802  

Merlin Properties Socimi SA

     116,655        986,215  

Pharma Mar SA

     534        18,160  

Prosegur Cash SA(a)

     47,047      29,339  

Prosegur Compania de Seguridad SA

     47,585        76,881  

Sacyr SA

     75,257        221,665  

Talgo SA(a)(b)

     9,290        34,573  

Unicaja Banco SA(a)

     178,683        192,775  

Viscofan SA

     4,550        278,441  
     

 

 

 
Total Spain

 

     8,942,869  
TOTAL COMMON STOCKS
(Cost: $59,791,672)

 

     57,446,387  
RIGHTS – 0.0%

 

Italy – 0.0%

 

Brembo SpA, expiring 10/3/23*
(Cost: $0)
     18,786        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.9%

 

United States – 2.9%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 5.36%(c)

(Cost: $1,664,262)

     1,664,262        1,664,262  

TOTAL INVESTMENTS IN SECURITIES – 102.3%

(Cost: $61,455,934)

 

 

     59,110,649  

Other Assets less Liabilities – (2.3)%

 

     (1,319,179
     

 

 

 
NET ASSETS – 100.0%

 

   $ 57,791,470  

 

* 

Non-income producing security.

 

 

This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $92,729, which represents 0.16% of net assets.

 

(a) 

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

 

(b) 

Security, or portion thereof, was on loan at September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $3,458,188 and the total market value of the collateral held by the Fund was $3,605,697. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,941,435.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

Bank of America NA

    10/3/2023       28,053       USD       26,531       EUR     $     $ (37

Barclays Bank PLC

    10/4/2023       14,508,153       USD       13,348,490       EUR       374,869        

Barclays Bank PLC

    10/4/2023       1,706,841       USD       1,592,663       EUR       20,541        

Citibank NA

    10/4/2023       277,947       EUR       294,096       USD       193        

Citibank NA

    10/4/2023       14,508,152       USD       13,348,489       EUR       374,869        

Goldman Sachs

    10/4/2023       14,035,887       EUR       14,861,337       USD             (242

Goldman Sachs

    11/3/2023       14,334,798       USD       13,521,991       EUR       135        

HSBC Holdings PLC

    10/4/2023       14,035,968       EUR       14,861,339       USD             (158

HSBC Holdings PLC

    10/4/2023       14,508,152       USD       13,348,476       EUR       374,882        

HSBC Holdings PLC

    11/3/2023       14,334,797       USD       13,522,054       EUR       67        

 

See Notes to Financial Statements.

 

WisdomTree Trust      15  


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Hedged SmallCap Equity Fund (EUSC)

September 30, 2023

 

 

 

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

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

JP Morgan Chase Bank NA

    10/4/2023       14,036,021       EUR       14,861,339       USD     $     $ (102

JP Morgan Chase Bank NA

    11/3/2023       14,334,797       USD       13,522,054       EUR       67        

Morgan Stanley & Co. International

    10/4/2023       14,036,008       EUR       14,861,339       USD             (116

Morgan Stanley & Co. International

    10/4/2023       14,508,152       USD       13,349,041       EUR       374,284        

Morgan Stanley & Co. International

    11/3/2023       14,334,797       USD       13,522,105       EUR       13        
                                            $ 1,519,920     $ (655

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

           

France

   $ 9,584,218      $      $ 92,729 *     $ 9,676,947  

Other

     47,769,440                      47,769,440  

Rights

                   0 *       0  

Investment of Cash Collateral for Securities Loaned

            1,664,262               1,664,262  

Total Investments in Securities

   $ 57,353,658      $ 1,664,262      $ 92,729      $ 59,110,649  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 1,519,920      $      $ 1,519,920  

Liabilities:

        

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (655    $      $ (655

Total – Net

   $ 57,353,658      $ 3,183,527      $ 92,729      $ 60,629,914  

 

* 

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

 

1 

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

 

See Notes to Financial Statements.

 

16   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.1%

 

Germany – 98.1%

 

Aerospace & Defense – 1.2%

 

Hensoldt AG

     635      $ 18,784  

MTU Aero Engines AG

     377        68,554  

Rheinmetall AG

     525        135,570  
     

 

 

 
Total Aerospace & Defense

 

     222,908  
Air Freight & Logistics – 3.7%

 

Deutsche Post AG, Registered Shares

     17,372        708,759  
Automobile Components – 0.2%

 

Hella GmbH & Co. KGaA

     405        28,729  
Automobiles – 17.6%

 

Bayerische Motoren Werke AG

     12,026        1,227,161  

Mercedes-Benz Group AG

     25,066        1,748,630  

Volkswagen AG

     3,168        418,259  
     

 

 

 
Total Automobiles

 

     3,394,050  
Capital Markets – 4.4%

 

Deutsche Bank AG, Registered Shares

     26,097        288,735  

Deutsche Boerse AG

     2,196        380,605  

DWS Group GmbH & Co. KGaA(a)

     4,957        168,993  
     

 

 

 
Total Capital Markets

 

     838,333  
Chemicals – 8.1%

 

BASF SE

     18,880        858,536  

Evonik Industries AG

     16,908        310,141  

K & S AG, Registered Shares

     1,499        27,266  

Symrise AG

     790        75,544  

Wacker Chemie AG

     2,079        298,585  
     

 

 

 
Total Chemicals

 

     1,570,072  
Commercial Services & Supplies – 0.2%

 

Bilfinger SE

     901        30,946  
Construction & Engineering – 0.9%

 

HOCHTIEF AG

     1,619        164,127  
Construction Materials – 2.4%

 

Heidelberg Materials AG

     5,930        461,587  
Diversified Telecommunication Services – 8.1%

 

Deutsche Telekom AG, Registered Shares

     73,787        1,552,128  
Electrical Equipment – 0.2%

 

Varta AG*(b)

     2,047        38,957  
Electronic Equipment, Instruments & Components – 0.0%

 

Jenoptik AG

     338        8,589  
Food Products – 0.4%

 

Suedzucker AG

     5,791        86,328  
Ground Transportation – 0.3%

 

Sixt SE(b)

     714        66,372  
Health Care Equipment & Supplies – 3.2%

 

Carl Zeiss Meditec AG, Bearer Shares

     379        33,233  

Siemens Healthineers AG(a)

     11,545        586,717  
     

 

 

 
Total Health Care Equipment & Supplies

 

     619,950  
Health Care Providers & Services – 0.2%

 

Synlab AG

     3,543        37,849  
Health Care Technology – 0.1%

 

CompuGroup Medical SE & Co. KGaA

     398        15,625  
Household Products – 1.5%

 

Henkel AG & Co. KGaA

     4,673      295,467  
Independent Power & Renewable Electricity Producers – 1.8%

 

RWE AG

     9,229        343,458  
Insurance – 19.3%

 

Allianz SE, Registered Shares

     6,947        1,660,054  

Hannover Rueck SE

     3,786        833,352  

Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares

     2,350        918,344  

Talanx AG

     4,798        304,793  
     

 

 

 
Total Insurance

 

     3,716,543  
IT Services – 0.3%

 

Bechtle AG

     1,068        50,024  
Life Sciences Tools & Services – 0.2%

 

Gerresheimer AG

     381        40,116  
Machinery – 0.8%

 

Duerr AG

     749        20,380  

GEA Group AG

     2,592        95,940  

Krones AG

     399        41,209  
     

 

 

 
Total Machinery

 

     157,529  
Marine Transportation – 1.6%

 

Hapag-Lloyd AG(a)

     1,707        311,215  
Metals & Mining – 0.4%

 

Aurubis AG

     673        49,977  

Salzgitter AG

     1,190        31,624  
     

 

 

 
Total Metals & Mining

 

     81,601  
Multi-Utilities – 4.5%

 

E.ON SE

     73,847        875,678  
Oil, Gas & Consumable Fuels – 0.1%

 

CropEnergies AG

     1,503        12,603  
Personal Care Products – 0.7%

 

Beiersdorf AG

     1,013        131,008  
Pharmaceuticals – 3.7%

 

Bayer AG, Registered Shares

     12,123        583,361  

Merck KGaA

     825        138,139  
     

 

 

 
Total Pharmaceuticals

 

     721,500  
Semiconductors & Semiconductor Equipment – 1.8%

 

AIXTRON SE

     660        24,331  

Infineon Technologies AG

     7,760        257,610  

Siltronic AG

     803        68,822  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     350,763  
Software – 4.7%

 

Nemetschek SE

     491        30,089  

SAP SE

     6,788        882,682  
     

 

 

 
Total Software

 

     912,771  
Specialty Retail – 0.5%

 

Fielmann Group AG

     2,186        94,614  
Textiles, Apparel & Luxury Goods – 4.1%

 

adidas AG

     3,734        658,711  

Hugo Boss AG

     843        53,480  

Puma SE

     1,396        86,907  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     799,098  

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Schedule of Investments (unaudited) (concluded)

WisdomTree Germany Hedged Equity Fund (DXGE)

September 30, 2023

 

 

 

Investments    Shares      Value  
Trading Companies & Distributors – 0.9%

 

BayWa AG

     479      $ 17,091  

Brenntag SE

     2,121        165,007  
     

 

 

 
Total Trading Companies & Distributors

 

     182,098  

TOTAL COMMON STOCKS

(Cost: $18,378,767)

 

 

     18,921,395  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3%

 

United States – 0.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 5.36%(c)

     
(Cost: $54,130)      54,130        54,130  

TOTAL INVESTMENTS IN SECURITIES – 98.4%

(Cost: $18,432,897)

   18,975,525  

Other Assets less Liabilities – 1.6%

     299,790  
     

 

 

 
NET ASSETS – 100.0%    $ 19,275,315  

 

* 

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 September 30, 2023 (See Note 2). At September 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $51,534 and the total market value of the collateral held by the Fund was $54,130.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2023.

 

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
 

Barclays Bank PLC

    10/4/2023       9,856,845       USD       9,068,969       EUR     $ 254,686     $  

Citibank NA

    10/4/2023       4,654,707       EUR       4,928,422       USD             (52

Citibank NA

    10/4/2023       4,928,423       USD       4,534,485       EUR       127,343        

Citibank NA

    10/24/2023       4,807,079       USD       4,536,422       EUR       5        

Goldman Sachs

    10/4/2023       4,654,681       EUR       4,928,423       USD             (80

Goldman Sachs

    10/24/2023       4,807,081       USD       4,536,437       EUR             (8

HSBC Holdings PLC

    10/2/2023       1,200       USD       1,135       EUR             (2

HSBC Holdings PLC

    10/4/2023       4,654,708       EUR       4,928,423       USD             (52

HSBC Holdings PLC

    10/4/2023       4,928,423       USD       4,534,481       EUR       127,347        

HSBC Holdings PLC

    10/24/2023       4,807,081       USD       4,536,420       EUR       10        

JP Morgan Chase Bank NA

    10/4/2023       4,654,725       EUR       4,928,423       USD             (34

JP Morgan Chase Bank NA

    10/24/2023       4,807,081       USD       4,536,418       EUR       12        
                                            $ 509,403     $ (228

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2023 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

   $ 18,921,395      $      $      $ 18,921,395  

Investment of Cash Collateral for Securities Loaned

            54,130               54,130  

Total Investments in Securities

   $ 18,921,395      $ 54,130      $      $ 18,975,525  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 509,403      $      $ 509,403  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (228    $      $ (228

Total – Net

   $ 18,921,395      $ 563,305      $      $ 19,484,700  
1 

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

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

Investments   Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 5.4%

 

Altium Ltd.

    39,910      $ 1,112,999  

ARB Corp. Ltd.(a)

    33,213        670,508  

Aristocrat Leisure Ltd.

    161,931        4,269,244  

AUB Group Ltd.

    50,090        942,040  

Beach Energy Ltd.

    551,589        583,832  

Breville Group Ltd.(a)

    112,896        1,602,987  

Cochlear Ltd.(a)

    17,936        2,955,557  

Coles Group Ltd.

    778,957        7,822,615  

Computershare Ltd.

    242,607        4,064,779  

CSL Ltd.

    89,669        14,514,388  

Goodman Group

    635,920        8,803,567  

IDP Education Ltd.(a)

    36,687        506,231  

Netwealth Group Ltd.

    58,272        567,892  

Northern Star Resources Ltd.

    490,714        3,312,753  

Pinnacle Investment Management Group Ltd.(a)

    210,702        1,223,883  

Pro Medicus Ltd.(a)

    6,731        362,262  

REA Group Ltd.(a)

    27,205        2,709,566  

Seven Group Holdings Ltd.

    181,719        3,653,316  

Technology One Ltd.

    121,219        1,213,421  

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

    168,442        3,542,939  

Wesfarmers Ltd.

    819,843        27,969,631  

WiseTech Global Ltd.

    8,557        359,251  
    

 

 

 
Total Australia

 

     92,763,661  
Austria – 0.3%

 

Oesterreichische Post AG

    80,658        2,651,566  

Verbund AG

    33,335        2,719,359  
    

 

 

 
Total Austria

 

     5,370,925  
Belgium – 0.7%

 

Etablissements Franz Colruyt NV(a)

    91,385        3,963,039  

UCB SA

    53,219        4,369,039  

VGP NV(a)

    35,154        3,273,437  
    

 

 

 
Total Belgium

 

     11,605,515  
China – 0.6%

 

BOC Aviation Ltd.(b)

    466,100        3,252,407  

Prosus NV*

    245,494        7,256,877  
    

 

 

 
Total China

 

     10,509,284  
Denmark – 5.0%

 

Alm Brand AS

    918,736        1,381,391  

Chemometec AS*

    4,993        238,478  

Chr Hansen Holding AS

    32,520        1,996,486  

Coloplast AS, Class B

    63,877        6,780,220  

Novo Nordisk AS, Class B

    702,802        64,251,222  

Novozymes AS, Class B

    49,438        1,998,381  

Pandora AS

    69,661        7,235,914  

Royal Unibrew AS

    26,074        2,020,557  
    

 

 

 
Total Denmark

 

     85,902,649  
Finland – 1.7%

 

Kone Oyj, Class B

    335,157        14,165,512  

Konecranes Oyj

    74,667        2,487,029  

Neste Oyj(a)

     225,704      $ 7,677,917  

Valmet Oyj(a)

     164,707        3,777,147  
     

 

 

 
Total Finland

 

     28,107,605  
France – 12.9%

 

Bollore SE

     620,871        3,345,897  

Capgemini SE

     38,831        6,816,423  

Carrefour SA

     382,658        6,597,691  

Gaztransport & Technigaz SA

     20,129        2,482,799  

Hermes International SCA

     10,528        19,281,251  

Kering SA

     53,802        24,602,263  

L’Oreal SA

     119,168        49,609,700  

La Francaise des Jeux SAEM(b)

     129,386        4,219,213  

LVMH Moet Hennessy Louis Vuitton SE

     121,337        92,032,723  

Sartorius Stedim Biotech

     5,043        1,206,677  

Teleperformance SE

     11,152        1,409,777  

Verallia SA(b)

     75,276        2,971,159  

Vivendi SE

     578,111        5,077,775  
     

 

 

 
Total France

 

     219,653,348  
Germany – 5.2%

 

adidas AG

     112,184        19,790,259  

Bechtle AG

     33,857        1,585,831  

Carl Zeiss Meditec AG, Bearer Shares

     11,941        1,047,055  

CompuGroup Medical SE & Co. KGaA

     14,891        584,597  

Fielmann Group AG

     61,944        2,681,042  

Nemetschek SE

     16,527        1,012,782  

Puma SE

     51,024        3,176,474  

Rheinmetall AG

     15,083        3,894,870  

SAP SE

     408,652        53,139,341  

Stroeer SE & Co. KGaA

     46,943        2,092,408  

VERBIO Vereinigte BioEnergie AG

     3,559        143,602  
     

 

 

 
Total Germany

 

     89,148,261  
Hong Kong – 3.2%

 

CLP Holdings Ltd.

     2,611,000        19,319,503  

Hong Kong Exchanges & Clearing Ltd.

     746,800        27,900,647  

Techtronic Industries Co. Ltd.

     798,500        7,748,616  
     

 

 

 
Total Hong Kong

 

     54,968,766  
Indonesia – 0.1%

 

Nickel Industries Ltd.(a)

     2,891,430        1,399,596  
Ireland – 0.1%

 

Kerry Group PLC, Class A

     28,389        2,379,902  
Israel – 0.2%

 

Hilan Ltd.

     10,392        539,117  

Matrix IT Ltd.

     47,210        967,266  

Maytronics Ltd.

     53,430        561,808  

One Software Technologies Ltd.

     15,130        190,804  

Strauss Group Ltd.*

     65,753        1,382,937  
     

 

 

 
Total Israel

 

     3,641,932  
Italy – 2.7%

 

Amplifon SpA(a)

     32,850        978,012  

Azimut Holding SpA

     203,356        4,452,470  

Banca Generali SpA(a)

     128,923        4,574,022  

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited) (continued)

WisdomTree International Hedged Quality Dividend Growth Fund (IHDG)

September 30, 2023

 

 

 

Investments   Shares      Value  

Banca Mediolanum SpA

    763,974      $ 6,553,363  

Carel Industries SpA(b)

    9,300        223,513  

Davide Campari-Milano NV

    191,478        2,263,451  

De’ Longhi SpA

    82,436        1,799,695  

Ferrari NV

    22,319        6,609,379  

FinecoBank Banca Fineco SpA

    285,650        3,482,504  

Italgas SpA

    803,727        4,128,790  

Moncler SpA

    52,905        3,085,205  

RAI Way SpA(b)

    246,389        1,291,279  

Recordati Industria Chimica e Farmaceutica SpA(a)

    96,246        4,555,969  

Reply SpA

    7,983        752,651  

Technogym SpA(b)

    82,996        643,223  
    

 

 

 
Total Italy

 

     45,393,526  
Japan – 7.8%

 

ARE Holdings, Inc.(a)

    69,900        888,593  

Astellas Pharma, Inc.

    750,100        10,425,246  

AZ-COM MARUWA Holdings, Inc.(a)

    21,900        312,302  

BayCurrent Consulting, Inc.

    19,400        649,765  

Benefit One, Inc.

    44,800        324,686  

BIPROGY, Inc.

    64,000        1,601,447  

Capcom Co. Ltd.

    73,400        2,648,745  

Casio Computer Co. Ltd.(a)

    234,100        1,966,456  

CyberAgent, Inc.(a)

    155,500        840,205  

Daifuku Co. Ltd.

    109,100        2,068,678  

Daito Trust Construction Co. Ltd.

    43,300        4,570,112  

Daiwabo Holdings Co. Ltd.

    77,700        1,491,778  

eRex Co. Ltd.(a)

    17,400        89,434  

Fancl Corp.

    50,800        777,532  

Food & Life Cos. Ltd.

    19,600        330,202  

Fujimi, Inc.(a)

    45,600        918,264  

Fujitsu Ltd.(a)

    56,500        6,663,763  

Future Corp.

    17,500        176,613  

Goldwin, Inc.(a)

    9,500        645,535  

Hoya Corp.

    46,800        4,806,232  

Information Services International-Dentsu Ltd.

    19,900        762,794  

Japan Material Co. Ltd.(a)

    28,000        430,437  

Justsystems Corp.

    19,000        381,846  

Kakaku.com, Inc.

    56,091        570,213  

Kao Corp.

    214,400        7,975,436  

Katitas Co. Ltd.(a)

    20,100        293,368  

Keyence Corp.

    16,900        6,285,475  

Kobe Bussan Co. Ltd.(a)

    28,400        667,250  

Koei Tecmo Holdings Co. Ltd.(a)

    127,900        1,821,755  

Kose Corp.

    8,800        640,134  

M3, Inc.(a)

    30,800        560,582  

Meitec Corp.

    64,100        1,161,510  

MIRAIT ONE Corp.

    123,300        1,624,858  

MonotaRO Co. Ltd.

    51,700        554,504  

Murata Manufacturing Co. Ltd.

    778,500        14,263,153  

NEC Networks & System Integration Corp.

    99,800        1,313,501  

NET One Systems Co. Ltd.

    47,600        905,269  

Nexon Co. Ltd.

    65,300        1,169,908  <