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WisdomTree Trust

Semi-Annual Report

September 30, 2023

 

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

WisdomTree U.S. ESG Fund (RESP)

WisdomTree U.S. Growth & Momentum Fund (WGRO)

WisdomTree U.S. High Dividend Fund (DHS)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

WisdomTree U.S. LargeCap Fund (EPS)

WisdomTree U.S. MidCap Dividend Fund (DON)

WisdomTree U.S. MidCap Fund (EZM)

WisdomTree U.S. Multifactor Fund (USMF)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

WisdomTree U.S. Quality Growth Fund (QGRW)

WisdomTree U.S. SmallCap Dividend Fund (DES)

WisdomTree U.S. SmallCap Fund (EES)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

WisdomTree U.S. Total Dividend Fund (DTD)

WisdomTree U.S. Value Fund (WTV)


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       18  
Schedules of Investments (unaudited)     

WisdomTree U.S. AI Enhanced Value Fund

       21  

WisdomTree U.S. ESG Fund

       24  

WisdomTree U.S. Growth & Momentum Fund

       29  

WisdomTree U.S. High Dividend Fund

       31  

WisdomTree U.S. LargeCap Dividend Fund

       37  

WisdomTree U.S. LargeCap Fund

       42  

WisdomTree U.S. MidCap Dividend Fund

       49  

WisdomTree U.S. MidCap Fund

       55  

WisdomTree U.S. Multifactor Fund

       63  

WisdomTree U.S. Quality Dividend Growth Fund

       67  

WisdomTree U.S. Quality Growth Fund

       72  

WisdomTree U.S. SmallCap Dividend Fund

       74  

WisdomTree U.S. SmallCap Fund

       82  

WisdomTree U.S. SmallCap Quality Dividend Growth Fund

       93  

WisdomTree U.S. Total Dividend Fund

       98  

WisdomTree U.S. Value Fund

       108  

Statements of Assets and Liabilities (unaudited)

       111  

Statements of Operations (unaudited)

       115  

Statements of Changes in Net Assets (unaudited)

       119  

Financial Highlights (unaudited)

       125  

Notes to Financial Statements (unaudited)

       133  

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

       143  

General Information (unaudited)

       146  

“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 U.S. AI Enhanced Value Fund (AIVL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    20.0%  

Industrials

    18.4%  

Health Care

    13.9%  

Materials

    9.3%  

Utilities

    9.2%  

Consumer Staples

    9.1%  

Energy

    6.0%  

Communication Services

    5.3%  

Information Technology

    4.3%  

Consumer Discretionary

    2.7%  

Real Estate

    0.7%  

Investment Company

    0.4%  

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.

 

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  

Comcast Corp., Class A

    3.5%  

Altria Group, Inc.

    3.4%  

Abbott Laboratories

    3.3%  

Williams Cos., Inc.

    3.3%  

Intercontinental Exchange, Inc.

    3.3%  

Keurig Dr Pepper, Inc.

    3.1%  

Fortive Corp.

    3.1%  

3M Co.

    3.0%  

NiSource, Inc.

    3.0%  

Citigroup, Inc.

    2.9%  
*

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 U.S. AI Enhanced Value Fund (the “Fund”) seeks income and capital appreciation by investing primarily in equity securities selected from a universe of U.S. equities that exhibit value characteristics based on the selection results of a proprietary, quantitative artificial intelligence (“AI”) model developed by the Fund’s sub-adviser, Voya Investment Management Co., LLC.

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      $ 984.80        0.38   $ 1.89  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns1

       -1.52      11.86      8.56      2.84      6.79

Fund Market Price Returns1

       -1.46      11.92      8.51      2.83      6.79

Russell 1000® Value Index

       0.78      14.44      11.05      6.23      8.45
*

Returns of less than one year are cumulative.

 

1 

The Fund’s investment objective changed effective January 18, 2022. Prior to January 18, 2022, the Fund’s investment objective sought to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend ex-Financials Index.

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 U.S. ESG Fund (RESP)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    29.0%  

Health Care

    14.0%  

Financials

    13.0%  

Consumer Discretionary

    11.2%  

Communication Services

    9.3%  

Industrials

    9.1%  

Consumer Staples

    6.6%  

Materials

    2.7%  

Real Estate

    2.6%  

Utilities

    2.4%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

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.

    6.4%  

Microsoft Corp.

    5.5%  

Alphabet, Inc., Class A

    4.1%  

Amazon.com, Inc.

    2.9%  

NVIDIA Corp.

    2.7%  

Meta Platforms, Inc., Class A

    1.9%  

Visa, Inc., Class A

    1.2%  

JPMorgan Chase & Co.

    1.1%  

Mastercard, Inc., Class A

    1.0%  

Eli Lilly & Co.

    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. ESG Fund (the “Fund”) seeks capital appreciation. The Fund is actively managed using a model-based approach. The Fund seeks to achieve its investment objective by investing primarily in U.S. equity securities 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 September 30, 2023)

 

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

Actual

   $ 1,000.00      $ 1,032.10        0.28   $ 1.42  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns1

       3.21      17.11      8.17      7.56      10.12

Fund Market Price Returns1

       3.31      17.15      8.09      7.57      10.11

MSCI USA Extended ESG Focus Index2

       4.64      20.42      8.88      9.82      N/A  

S&P 500® Index

       5.18      21.62      10.15      9.92      11.91
*

Returns of less than one year are cumulative.

 

1 

The Fund’s name, investment 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 known as the WisdomTree U.S. Total Market Fund (EXT) and tracked the performance, before fees and expenses, of the WisdomTree U.S. Total Market Index.

 

2 

The MSCI USA 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      3  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. Growth & Momentum Fund (WGRO)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.6%  

Consumer Discretionary

    23.3%  

Information Technology

    23.1%  

Financials

    11.4%  

Health Care

    8.2%  

Materials

    3.8%  

Energy

    2.5%  

Consumer Staples

    2.1%  

Communication Services

    2.0%  

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.

 

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  

Grand Canyon Education, Inc.

    2.6%  

Booking Holdings, Inc.

    2.4%  

U.S. Foods Holding Corp.

    2.1%  

Atkore, Inc.

    2.1%  

Intuitive Surgical, Inc.

    2.0%  

Howmet Aerospace, Inc.

    2.0%  

Madison Square Garden Sports Corp.

    2.0%  

Broadcom, Inc.

    2.0%  

Royal Caribbean Cruises Ltd.

    2.0%  

Insight Enterprises, Inc.

    1.9%  
*

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

The WisdomTree U.S. Growth & Momentum Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the O’Neil Growth Index (the “Index”), which is comprised of mid- and large-capitalization companies that provide exposure to high growth and momentum U.S. listed stocks. 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      $ 1,004.80        0.55   $ 2.76  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.25        0.55   $ 2.78  

Performance

 

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

Fund NAV Returns

       0.48      13.44      -8.78

Fund Market Price Returns

       0.48      13.55      -8.74

O’Neil Growth Index

       0.78      14.13      -8.23

Russell 1000® Growth Index

       9.28      27.72      0.73

MSCI USA Momentum Index

       1.39      8.92      -6.34
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on June 24, 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.

 

4   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. High Dividend Fund (DHS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Energy

    21.9%  

Financials

    18.2%  

Utilities

    12.3%  

Health Care

    11.3%  

Consumer Staples

    11.1%  

Information Technology

    7.2%  

Real Estate

    4.9%  

Consumer Discretionary

    4.1%  

Communication Services

    3.7%  

Materials

    2.6%  

Industrials

    2.3%  

Other Assets less Liabilities‡

    0.4%  

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.

 

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  

Exxon Mobil Corp.

    6.2%  

Chevron Corp.

    5.3%  

AbbVie, Inc.

    5.1%  

Philip Morris International, Inc.

    4.4%  

Cisco Systems, Inc.

    4.2%  

Altria Group, Inc.

    3.7%  

Pfizer, Inc.

    3.6%  

AT&T, Inc.

    2.6%  

International Business Machines Corp.

    2.4%  

Pioneer Natural Resources Co.

    2.3%  
*

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 U.S. High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high dividend yielding companies in the U.S. equity market. 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      $ 968.30        0.38   $ 1.87  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       -3.17      7.32      12.03      5.56      7.95

Fund Market Price Returns

       -3.11      7.32      11.96      5.57      7.95

WisdomTree U.S. High Dividend Index

       -2.96      7.81      12.53      5.97      8.37

Russell 1000® Value Index

       0.78      14.44      11.05      6.23      8.45
*

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      5  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    18.4%  

Health Care

    16.1%  

Financials

    14.1%  

Consumer Staples

    12.1%  

Energy

    11.5%  

Industrials

    9.5%  

Consumer Discretionary

    5.1%  

Utilities

    4.9%  

Real Estate

    4.2%  

Communication Services

    2.3%  

Materials

    1.6%  

Investment Company

    0.0%

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.

 

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  

Apple, Inc.

    4.2%  

Microsoft Corp.

    4.2%  

Exxon Mobil Corp.

    4.1%  

Chevron Corp.

    2.6%  

AbbVie, Inc.

    2.4%  

JPMorgan Chase & Co.

    2.1%  

Merck & Co., Inc.

    1.7%  

Broadcom, Inc.

    1.7%  

Johnson & Johnson

    1.7%  

Cisco Systems, Inc.

    1.7%  
*

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

The WisdomTree U.S. LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. LargeCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying large-cap companies in the U.S. equity market. 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      $ 1,006.20        0.28   $ 1.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns

       0.62      14.31      10.90      7.99      10.07

Fund Market Price Returns

       0.67      14.28      10.82      8.00      10.07

WisdomTree U.S. LargeCap Dividend Index

       0.74      14.60      11.25      8.31      10.39

S&P 500® Index

       5.18      21.62      10.15      9.92      11.91

Russell 1000® Value Index

       0.78      14.44      11.05      6.23      8.45
*

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 U.S. LargeCap Fund (EPS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    21.7%  

Communication Services

    15.5%  

Financials

    14.6%  

Health Care

    12.6%  

Energy

    9.4%  

Consumer Discretionary

    7.3%  

Industrials

    6.8%  

Consumer Staples

    5.7%  

Materials

    2.5%  

Utilities

    2.1%  

Real Estate

    1.6%  

Investment Company

    0.1%  

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.

 

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  

Alphabet, Inc., Class A

    5.8%  

Apple, Inc.

    5.5%  

Meta Platforms, Inc., Class A

    5.2%  

Microsoft Corp.

    4.9%  

Exxon Mobil Corp.

    2.8%  

JPMorgan Chase & Co.

    1.8%  

Berkshire Hathaway, Inc., Class B

    1.6%  

Chevron Corp.

    1.5%  

Amazon.com, Inc.

    1.3%  

NVIDIA Corp.

    1.2%  
*

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

The WisdomTree U.S. LargeCap Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. LargeCap Index (the “Index”). In seeking to track the Index, the Fund invests in earnings-generating large-cap companies in the U.S. equity market. 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      $ 1,054.50        0.08   $ 0.41  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.60        0.08   $ 0.40  

Performance

 

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

Fund NAV Returns

       5.45      21.54      10.88      9.06      11.01

Fund Market Price Returns

       5.51      21.58      10.80      9.06      11.01

WisdomTree U.S. LargeCap Index

       5.47      21.69      10.95      9.18      11.23

S&P 500® Index

       5.18      21.62      10.15      9.92      11.91
*

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  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. MidCap Dividend Fund (DON)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.7%  

Industrials

    17.4%  

Consumer Discretionary

    11.3%  

Materials

    9.0%  

Energy

    8.6%  

Utilities

    8.5%  

Real Estate

    8.5%  

Information Technology

    5.0%  

Consumer Staples

    2.7%  

Health Care

    2.7%  

Communication Services

    2.4%  

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.

 

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  

Chesapeake Energy Corp.

    1.2%  

Packaging Corp. of America

    1.2%  

Vistra Corp.

    1.0%  

Watsco, Inc.

    1.0%  

International Paper Co.

    1.0%  

Ares Management Corp., Class A

    1.0%  

Snap-on, Inc.

    0.9%  

Fidelity National Financial, Inc.

    0.9%  

Franklin Resources, Inc.

    0.8%  

Viatris, Inc.

    0.8%  
*

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

The WisdomTree U.S. MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. MidCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying mid-cap companies in the U.S. equity market. 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      $ 1,012.00        0.38   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       1.20      11.84      15.20      4.85      8.67

Fund Market Price Returns

       1.21      11.87      15.15      4.85      8.65

WisdomTree U.S. MidCap Dividend Index

       1.36      12.37      15.73      5.22      9.05

S&P MidCap 400® Index

       0.45      15.51      12.05      6.06      8.94

Russell Midcap Value Index

       -0.77      11.05      10.98      5.18      7.92
*

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.

 

8   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. MidCap Fund (EZM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    20.6%  

Consumer Discretionary

    18.4%  

Financials

    17.5%  

Information Technology

    9.7%  

Materials

    8.6%  

Energy

    8.5%  

Health Care

    5.5%  

Real Estate

    4.0%  

Consumer Staples

    2.8%  

Utilities

    2.0%  

Communication Services

    2.0%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    0.4%  

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.

 

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  

Builders FirstSource, Inc.

    2.0%  

Ally Financial, Inc.

    0.9%  

Avis Budget Group, Inc.

    0.9%  

Cleveland-Cliffs, Inc.

    0.8%  

Penske Automotive Group, Inc.

    0.8%  

U.S. Steel Corp.

    0.8%  

Owens Corning

    0.8%  

PBF Energy, Inc., Class A

    0.8%  

AutoNation, Inc.

    0.8%  

Lithia Motors, Inc.

    0.8%  
*

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

The WisdomTree U.S. MidCap Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. MidCap Index (the “Index”). In seeking to track the Index, the Fund invests in earnings-generating mid-cap companies in the U.S. equity market. 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      $ 1,026.70        0.38   $ 1.93  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       2.67      17.16      15.76      5.83      8.35

Fund Market Price Returns

       2.60      17.23      15.69      5.79      8.33

WisdomTree U.S. MidCap Index

       2.88      17.65      16.20      6.20      8.70

S&P MidCap 400® Index

       0.45      15.51      12.05      6.06      8.94

Russell Midcap Value Index

       -0.77      11.05      10.98      5.18      7.92
*

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      9  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. Multifactor Fund (USMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    28.1%  

Health Care

    13.1%  

Financials

    12.5%  

Consumer Discretionary

    10.7%  

Communication Services

    8.8%  

Industrials

    8.7%  

Consumer Staples

    6.3%  

Energy

    4.5%  

Materials

    2.5%  

Real Estate

    2.4%  

Utilities

    2.3%  

Other Assets less Liabilities‡

    0.1%  

Total

    100.0%  

 

The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries.

 

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  

VMware, Inc., Class A

    1.4%  

CCC Intelligent Solutions Holdings, Inc.

    1.4%  

International Business Machines Corp.

    1.3%  

Insight Enterprises, Inc.

    1.3%  

VeriSign, Inc.

    1.2%  

Jabil, Inc.

    1.2%  

Cisco Systems, Inc.

    1.2%  

Motorola Solutions, Inc.

    1.2%  

T-Mobile U.S., Inc.

    1.2%  

Gartner, Inc.

    1.2%  
*

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

The WisdomTree U.S. Multifactor Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index (the “Index”). In seeking to track the Index, the Fund invests in U.S. companies with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation. 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      $ 1,032.10        0.28   $ 1.42  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns

       3.21      14.28      8.76      6.27      8.93

Fund Market Price Returns

       3.23      14.26      8.71      6.26      8.90

WisdomTree U.S. Multifactor Index

       3.39      14.61      9.07      6.48      9.12

S&P 500® Index

       5.18      21.62      10.15      9.92      11.53

S&P 500® Equal Weight Index

       -1.11      13.64      11.45      7.97      9.22

Russell 3000 Index

       4.86      20.46      9.38      9.14      10.87
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on June 29, 2017.

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 September 30, 2023 (unaudited)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    29.4%  

Consumer Staples

    16.4%  

Industrials

    14.5%  

Health Care

    13.7%  

Financials

    12.1%  

Consumer Discretionary

    9.2%  

Materials

    2.1%  

Real Estate

    1.1%  

Energy

    0.6%  

Utilities

    0.4%  

Communication Services

    0.3%  

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.

 

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  

Microsoft Corp.

    8.6%  

Apple, Inc.

    5.7%  

Broadcom, Inc.

    3.5%  

Johnson & Johnson

    3.5%  

Procter & Gamble Co.

    2.8%  

Home Depot, Inc.

    2.5%  

Merck & Co., Inc.

    2.3%  

Cisco Systems, Inc.

    2.3%  

Coca-Cola Co.

    2.2%  

Walmart, Inc.

    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 U.S. Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying large-cap companies with growth characteristics in the U.S. equity market. 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      $ 1,027.40        0.28   $ 1.42  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns

       2.74      20.21      10.83      9.80      11.98

Fund Market Price Returns

       2.80      20.19      10.75      9.80      11.97

WisdomTree U.S. Quality Dividend Growth Index

       2.88      20.59      11.16      10.13      12.30

S&P 500® Index

       5.18      21.62      10.15      9.92      11.91

Russell 3000® Index

       4.86      20.46      9.38      9.14      11.28
*

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      11  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. Quality Growth Fund (QGRW)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    45.2%  

Consumer Discretionary

    15.7%  

Communication Services

    12.9%  

Financials

    11.0%  

Health Care

    9.2%  

Industrials

    3.6%  

Materials

    1.2%  

Consumer Staples

    0.5%  

Real Estate

    0.5%  

Energy

    0.2%  

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.

 

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  

Apple, Inc.

    12.0%  

Microsoft Corp.

    10.8%  

Alphabet, Inc., Class A

    6.5%  

NVIDIA Corp.

    5.8%  

Amazon.com, Inc.

    5.1%  

Tesla, Inc.

    4.5%  

Meta Platforms, Inc., Class A

    3.8%  

Visa, Inc., Class A

    3.4%  

UnitedHealth Group, Inc.

    3.4%  

Mastercard, Inc., Class A

    2.7%  
*

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. Quality Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Quality Growth Index (the “Index”). In seeking to track the Index, the Fund invests in U.S. large-capitalization and mid-capitalization companies with the highest composite scores based on two fundamental factors: growth and quality, which are equally weighted. 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      $ 1,118.40        0.28   $ 1.48  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

   
        Cumulative Total Return  
        6-Month      Since Inception1  

Fund NAV Returns

       11.84      26.44

Fund Market Price Returns

       11.91      26.52

WisdomTree U.S. Quality Growth Index

       11.98      26.69

Russell 1000 Growth Index

       9.28      17.84
1 

Total returns are calculated based on the commencement of Fund trading on the NASDAQ on December 15, 2022.

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

 

12   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. SmallCap Dividend Fund (DES)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    21.9%  

Industrials

    18.6%  

Consumer Discretionary

    14.3%  

Real Estate

    9.3%  

Materials

    8.4%  

Energy

    7.8%  

Consumer Staples

    6.0%  

Information Technology

    4.4%  

Utilities

    3.6%  

Communication Services

    3.1%  

Health Care

    2.4%  

Investment Company

    0.0%

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.

 

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  

CONSOL Energy, Inc.

    1.2%  

Arch Resources, Inc.

    1.0%  

EPR Properties

    0.9%  

Cogent Communications Holdings, Inc.

    0.9%  

Radian Group, Inc.

    0.9%  

MDC Holdings, Inc.

    0.8%  

Greif, Inc., Class A

    0.7%  

Sabra Health Care REIT, Inc.

    0.7%  

California Resources Corp.

    0.7%  

Jackson Financial, Inc., Class A

    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. SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the U.S. equity market. 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      $ 1,002.70        0.38   $ 1.90  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       0.27      12.88      13.33      1.85      6.10

Fund Market Price Returns

       0.29      12.82      13.27      1.84      6.08

WisdomTree U.S. SmallCap Dividend Index

       0.41      13.39      13.74      2.24      6.43

Russell 2000® Index

       -0.19      8.93      7.16      2.40      6.65

Russell 2000® Value Index

       0.13      7.84      13.32      2.59      6.19
*

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      13  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. SmallCap Fund (EES)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.6%  

Consumer Discretionary

    21.9%  

Industrials

    18.4%  

Information Technology

    7.5%  

Health Care

    7.2%  

Energy

    5.4%  

Materials

    5.3%  

Real Estate

    4.0%  

Communication Services

    3.6%  

Consumer Staples

    3.2%  

Utilities

    0.9%  

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.

 

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  

Matson, Inc.

    1.1%  

MDC Holdings, Inc.

    1.0%  

Tri Pointe Homes, Inc.

    0.9%  

Genworth Financial, Inc., Class A

    0.8%  

Warrior Met Coal, Inc.

    0.8%  

Gulfport Energy Corp.

    0.8%  

M/I Homes, Inc.

    0.8%  

Century Communities, Inc.

    0.7%  

LCI Industries

    0.6%  

Par Pacific Holdings, Inc.

    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. SmallCap Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Index (the “Index”). In seeking to track the Index, the Fund invests in earnings-generating small-cap companies in the U.S. equity market. 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      $ 1,007.20        0.38   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       0.72      12.07      14.78      3.23      7.22

Fund Market Price Returns

       0.91      12.16      14.79      3.22      7.21

WisdomTree U.S. SmallCap Index

       1.02      12.63      15.26      3.56      7.49

Russell 2000® Index

       -0.19      8.93      7.16      2.40      6.65

Russell 2000® Value Index

       0.13      7.84      13.32      2.59      6.19
*

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.

 

14   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.3%  

Industrials

    20.9%  

Consumer Discretionary

    20.3%  

Materials

    9.5%  

Energy

    6.4%  

Consumer Staples

    5.5%  

Information Technology

    3.6%  

Real Estate

    3.6%  

Health Care

    3.4%  

Communication Services

    1.7%  

Utilities

    1.7%  

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.

 

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  

CONSOL Energy, Inc.

    2.6%  

Arch Resources, Inc.

    2.1%  

Moelis & Co., Class A

    1.9%  

SL Green Realty Corp.

    1.7%  

Scotts Miracle-Gro Co.

    1.7%  

Artisan Partners Asset Management, Inc., Class A

    1.7%  

LCI Industries

    1.5%  

NewMarket Corp.

    1.4%  

Carter’s, Inc.

    1.3%  

Kontoor Brands, Inc.

    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 U.S. SmallCap Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. SmallCap Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies with growth characteristics in the U.S. equity market. 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      $ 1,006.60        0.38   $ 1.91  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.10        0.38   $ 1.92  

Performance

 

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

Fund NAV Returns

       0.66      18.19      13.22      4.56      7.24

Fund Market Price Returns

       0.71      18.17      13.16      4.55      7.22

WisdomTree U.S. SmallCap Quality Dividend Growth Index

       0.84      18.54      13.64      4.91      7.55

Russell 2000® Index

       -0.19      8.93      7.16      2.40      6.65
*

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      15  


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. Total Dividend Fund (DTD)

 

Sector Breakdown

 

Sector   % of Net Assets  

Information Technology

    16.5%  

Financials

    15.7%  

Health Care

    14.3%  

Energy

    11.2%  

Consumer Staples

    11.0%  

Industrials

    10.4%  

Consumer Discretionary

    6.0%  

Utilities

    5.2%  

Real Estate

    4.5%  

Materials

    2.5%  

Communication Services

    2.4%  

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.

 

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.

    3.7%  

Microsoft Corp.

    3.7%  

Exxon Mobil Corp.

    3.5%  

Chevron Corp.

    2.3%  

AbbVie, Inc.

    2.0%  

JPMorgan Chase & Co.

    1.8%  

Broadcom, Inc.

    1.5%  

Merck & Co., Inc.

    1.5%  

Johnson & Johnson

    1.5%  

Cisco Systems, 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 U.S. Total Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in U.S. equities from a broad range of dividend-paying companies. 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      $ 1,006.00        0.28   $ 1.40  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.60        0.28   $ 1.42  

Performance

 

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

Fund NAV Returns

       0.60      13.82      11.43      7.43      9.76

Fund Market Price Returns

       0.61      13.86      11.36      7.42      9.76

WisdomTree U.S. Dividend Index

       0.77      14.35      11.82      7.76      10.09

Russell 3000® Index

       4.86      20.46      9.38      9.14      11.28

Russell 3000® Value Index

       0.75      14.05      11.19      5.98      8.29
*

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.

 

16   WisdomTree Trust


Performance Summary

as of September 30, 2023 (unaudited)

WisdomTree U.S. Value Fund (WTV)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Discretionary

    15.5%  

Financials

    14.7%  

Industrials

    12.3%  

Information Technology

    11.8%  

Health Care

    11.4%  

Materials

    10.5%  

Energy

    10.3%  

Communication Services

    7.6%  

Real Estate

    2.7%  

Utilities

    1.6%  

Consumer Staples

    1.5%  

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.

 

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  

Meta Platforms, Inc., Class A

    2.3%  

Chevron Corp.

    1.8%  

Builders FirstSource, Inc.

    1.7%  

Cardinal Health, Inc.

    1.7%  

HCA Healthcare, Inc.

    1.6%  

McKesson Corp.

    1.3%  

Marathon Petroleum Corp.

    1.3%  

Owens Corning

    1.3%  

Laboratory Corp. of America Holdings

    1.3%  

U.S. Steel Corp.

    1.2%  
*

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

The WisdomTree U.S. Value Fund (the “Fund”) is actively managed using a model-based approach seeking income and capital appreciation by investing primarily in U.S. equity securities that provide a high total shareholder yield with favorable relative quality characteristics.

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      $ 1,062.80        0.12   $ 0.62  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,024.40        0.12   $ 0.61  

Performance

 

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

Fund NAV Returns1

       6.28      23.32      16.47      9.21      10.81

Fund Market Price Returns1

       6.26      23.32      16.38      9.19      10.81

Russell 1000® Value Index

       0.78      14.44      11.05      6.23      8.45
*

Returns of less than one year are cumulative.

 

1 

The Fund’s investment objective changed effective December 18, 2017. Prior to December 18, 2017, the Fund’s investment objective sought to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. LargeCap Value Index.

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

 

WisdomTree Trust      17  


Description of Terms and Indexes (unaudited)

 

 

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

Correlation is a statistical measure of how two sets of returns move in relation to each other. Correlation coefficients range from -1 to 1. A correlation of 1 means the two subjects of analysis move in lockstep with each other. A correlation of -1 means the two subjects of analysis have moved in exactly the opposite direction.

Factors generally are attributes that are based on fundamentals or share price behavior.

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.

Momentum is generally characterized by assets with recent price increase trends over time. This term is also associated with the momentum factor which associates these stock characteristics with excess return vs. the market over time.

The MSCI USA 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 USA Index, its parent index.

The MSCI USA Momentum Index is designed to reflect the performance of an equity momentum strategy by emphasizing stocks with high price momentum, while maintaining reasonably high trading liquidity, investment capacity and moderate index turnover.

The NASDAQ U.S. Dividend AchieversTM Select Index is a capitalization-weighted index that measures the performance of U.S. common stocks that have a history of increasing dividends for at least ten consecutive years.

The O’Neil Growth Index is comprised of mid- and large-cap companies that provide exposure to high growth and momentum U.S. exchange-listed companies.

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.

Quintiles refers to separating a universe of companies into five groups of equal size on the basis of dividend yield, price-to-earnings, or return-on-equity, as applicable.

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

Risk-on and Risk-off refers to investors’ appetites for risk which rise and fall over time. During periods when risk is perceived as low, the risk-on risk-off theory states that investors tend to engage in higher-risk investments (i.e., “Risk-on”). When risk is perceived to be high, investors have the tendency to gravitate toward lower-risk investments (i.e., “Risk-off”).

The Russell 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® companies with higher price-to-book ratios and higher forcasted growth values. The Russell 1000® Growth Index is constructed to provide a comprehensive and unbiased barometer for the large-cap growth segment.

The Russell 1000® Index represents the top 1,000 companies by market capitalization in

the United States.

The Russell 1000® Value Index is a capitalization-weighted index that is comprised of the large-capitalization value segment of the U.S. equity universe, selecting from the Russell 1000 Index.

The Russell 2000® Index is a capitalization-weighted index that is comprised of the

smallest 2,000 securities in the Russell 3000 Index, based on total market capitalization.

The Russell 2000® Value Index is a capitalization-weighted index that is comprised of the small-capitalization value segment of the U.S. equity universe, selecting from the Russell 2000 Index.

 

18   WisdomTree Trust


Description of Terms and Indexes (unaudited) (continued)

 

The Russell 3000® Index is a capitalization-weighted index that is comprised of the 3,000 largest U.S. companies, based on total market capitalization.

The Russell 3000® Value Index is a capitalization-weighted index that measures the performance of the value segment of the broad U.S. equity market, selecting from the Russell 3000 Index.

The Russell MidCap® Index is a market capitalization-weighted index that is comprised of the smallest 800 stocks of the Russell 1000 Index.

The Russell MidCap® Value Index is a capitalization-weighted index that measures the midcap value segment of the U.S. equity universe, selecting from the Russell MidCap Index.

The S&P 500® Equal Weight Index is the equal-weight version of the widely used S&P 500® Index. The index includes the same constituents as the capitalization-weighted S&P 500 Index, but each company is allocated a fixed weight — or 0.2% of the index total at each quarterly rebalance.

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 MidCap 400® Index is a capitalization-weighted index that is comprised of the mid-capitalization range of the U.S. stock market, with stocks selected by the Standard & Poor’s Index Committee.

Shareholder Yield generally refers to a data point that references a combination of dividend yield and buyback yield.

Value is generally characterized by lower price levels relative to fundamentals, such as earnings or dividends. Prices are lower because investors are less certain of the performance of these fundamentals in the future. This term is also related to the value factor, which associates these stock characteristics with excess returns vs. the market over time.

Volatility is a statistical measure of the dispersion of returns for a given security or market index around a particular average level. If the price stays relatively stable, the security has low volatility. A highly volatile security hits new highs and lows quickly, moves erratically, and has rapid increases and dramatic falls.

The WisdomTree U.S. Dividend Index defines the dividend-paying portion of the U.S. stock market.

The WisdomTree U.S. High Dividend Index is comprised of companies with high dividend yields, selected from the WisdomTree U.S. Dividend Index.

The WisdomTree U.S. LargeCap Dividend Index is comprised of the large-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree U.S. Dividend Index.

The WisdomTree U.S. LargeCap Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the large-capitalization segment of the U.S. stock market.

The WisdomTree U.S. MidCap Dividend Index is comprised of the mid-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree U.S. Dividend Index.

The WisdomTree U.S. MidCap Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the mid-capitalization segment of the U.S. stock market.

The WisdomTree U.S. Multifactor Index is comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation.

 

WisdomTree Trust      19  


Description of Terms and Indexes (unaudited) (concluded)

 

 

The WisdomTree U.S. Quality Growth Index is a market-cap weighted index that consists of companies with quality and growth characteristics. The top 500 U.S. companies by market capitalization are ranked on a composite score of two fundamental factors: growth and quality, which are equally weighted.

The WisdomTree U.S. Quality Dividend Growth Index is comprised of dividend-paying stocks with growth characteristics.

The WisdomTree U.S. SmallCap Dividend Index is comprised of the small-capitalization segment of the U.S. dividend-paying market, selected from the WisdomTree U.S. Dividend Index.

The WisdomTree U.S. SmallCap Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the small-capitalization segment of the U.S. stock market.

The WisdomTree U.S. SmallCap Quality Dividend Growth Index is comprised of the small-capitalization segment of dividend-paying stocks with growth characteristics.

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

The Dow Jones U.S. Select Dividend Index is calculated, distributed and marketed by Dow Jones Indexes, a licensed trademark of CME Group Index Services LLC, and has been licensed for use.

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

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

The O’Neil Growth Index is calculated, distributed and marketed by O’Neil Global Advisors, Inc. (OGA), a licensed trademark of OGA, and has been licensed for use.

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.

 

20   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.9%      
United States – 95.3%      
Aerospace & Defense – 3.0%      

HEICO Corp.

     6,186      $ 1,001,699  

HEICO Corp., Class A

     7,278        940,463  

L3Harris Technologies, Inc.

     5,400        940,248  

RTX Corp.

     11,177        804,409  

Textron, Inc.

     90,555        7,075,968  
     

 

 

 
Total Aerospace & Defense               10,762,787  
Automobile Components – 0.3%      

Gentex Corp.

     29,440        957,978  
Banks – 6.6%      

Bank of America Corp.

     239,769        6,564,875  

Citigroup, Inc.

     256,974        10,569,341  

U.S. Bancorp

     47,347        1,565,292  

Wells Fargo & Co.

     128,139        5,235,759  
     

 

 

 
Total Banks               23,935,267  
Beverages – 3.4%      

Brown-Forman Corp., Class B

     14,540        838,813  

Keurig Dr Pepper, Inc.

     361,683        11,418,332  
     

 

 

 
Total Beverages               12,257,145  
Capital Markets – 8.5%      

Bank of New York Mellon Corp.

     21,429        913,947  

CME Group, Inc.

     17,378        3,479,423  

FactSet Research Systems, Inc.

     6,884        3,010,098  

Intercontinental Exchange, Inc.

     108,671        11,955,983  

Janus Henderson Group PLC

     35,004        903,803  

Nasdaq, Inc.

     199,404        9,689,040  

Virtu Financial, Inc., Class A

     56,650        978,346  
     

 

 

 
Total Capital Markets               30,930,640  
Chemicals – 6.5%      

Ashland, Inc.

     11,928        974,279  

Dow, Inc.

     168,642        8,695,182  

Eastman Chemical Co.

     11,475        880,362  

Element Solutions, Inc.

     353,387        6,929,919  

Huntsman Corp.

     218,801        5,338,744  

PPG Industries, Inc.

     6,783        880,433  
     

 

 

 
Total Chemicals               23,698,919  
Communications Equipment – 0.3%      

Juniper Networks, Inc.

     34,509        959,005  
Construction & Engineering – 1.2%      

MDU Resources Group, Inc.

     232,074        4,544,009  
Consumer Finance – 0.4%      

Ally Financial, Inc.

     48,615        1,297,048  
Containers & Packaging – 2.8%      

Amcor PLC

     961,667        8,808,869  

International Paper Co.

     43,342        1,537,341  
     

 

 

 
Total Containers & Packaging               10,346,210  
Distributors – 2.1%      

LKQ Corp.

     157,139        7,779,952  
Electric Utilities – 3.9%      

Avangrid, Inc.

     143,501      4,329,425  

OGE Energy Corp.

     28,239        941,206  

PPL Corp.

     385,846        9,090,532  
     

 

 

 
Total Electric Utilities               14,361,163  
Electronic Equipment, Instruments & Components – 1.0%

 

Corning, Inc.

     122,124        3,721,118  
Entertainment – 0.5%      

Electronic Arts, Inc.

     8,014        964,885  

Playtika Holding Corp.*

     98,517        948,719  
     

 

 

 
Total Entertainment               1,913,604  
Food Products – 2.0%      

Conagra Brands, Inc.

     32,180        882,376  

Flowers Foods, Inc.

     88,171        1,955,633  

Hormel Foods Corp.

     24,917        947,593  

Kraft Heinz Co.

     29,059        977,545  

Pilgrim’s Pride Corp.*(a)

     39,764        907,812  

Tyson Foods, Inc., Class A

     35,493        1,792,041  
     

 

 

 
Total Food Products               7,463,000  
Gas Utilities – 0.9%      

National Fuel Gas Co.

     25,561        1,326,872  

UGI Corp.

     88,806        2,042,538  
     

 

 

 
Total Gas Utilities               3,369,410  
Ground Transportation – 0.6%      

CSX Corp.

     44,574        1,370,651  

Schneider National, Inc., Class B

     33,589        930,079  
     

 

 

 
Total Ground Transportation               2,300,730  
Health Care Equipment & Supplies – 7.5%      

Abbott Laboratories

     125,031        12,109,252  

Globus Medical, Inc., Class A*

     36,484        1,811,431  

Hologic, Inc.*

     33,418        2,319,209  

Integra LifeSciences Holdings Corp.*

     39,573        1,511,293  

Medtronic PLC

     122,699        9,614,694  
     

 

 

 
Total Health Care Equipment & Supplies               27,365,879  
Health Care Providers & Services – 0.4%      

Premier, Inc., Class A

     62,524        1,344,266  
Hotels, Restaurants & Leisure – 0.3%      

Wendy’s Co.

     48,587        991,661  
Industrial Conglomerates – 3.3%      

3M Co.

     118,748        11,117,188  

Honeywell International, Inc.

     5,117        945,314  
     

 

 

 
Total Industrial Conglomerates               12,062,502  
Industrial REITs – 0.2%      

First Industrial Realty Trust, Inc.

     19,104        909,159  
Insurance – 3.7%      

American International Group, Inc.

     172,166        10,433,260  

Fidelity National Financial, Inc.

     25,914        1,070,248  

Old Republic International Corp.

     35,157        947,130  

Reinsurance Group of America, Inc.

     7,017        1,018,798  
     

 

 

 
Total Insurance               13,469,436  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

September 30, 2023

 

 

 

Investments    Shares      Value  
IT Services – 0.6%      

DXC Technology Co.*

     64,177      $ 1,336,807  

GoDaddy, Inc., Class A*

     13,261        987,679  
     

 

 

 
Total IT Services               2,324,486  
Life Sciences Tools & Services – 3.0%      

Agilent Technologies, Inc.

     77,527        8,669,069  

Bio-Techne Corp.

     32,927        2,241,341  
     

 

 

 
Total Life Sciences Tools & Services               10,910,410  
Machinery – 6.8%      

Donaldson Co., Inc.

     15,566        928,356  

Dover Corp.

     6,710        936,112  

Fortive Corp.

     153,308        11,369,322  

Gates Industrial Corp. PLC*

     109,621        1,272,700  

Otis Worldwide Corp.

     127,778        10,261,851  
     

 

 

 
Total Machinery               24,768,341  
Media – 4.8%      

Charter Communications, Inc., Class A*(a)

     2,655        1,167,722  

Comcast Corp., Class A

     287,882        12,764,688  

Fox Corp., Class A

     29,596        923,395  

Sirius XM Holdings, Inc.(a)

     583,852        2,639,011  
     

 

 

 
Total Media               17,494,816  
Mortgage Real Estate Investment Trusts (REITs) – 1.0%

 

AGNC Investment Corp.

     379,715        3,584,510  
Multi-Utilities – 3.9%      

CenterPoint Energy, Inc.

     34,476        925,681  

CMS Energy Corp.

     17,113        908,871  

Dominion Energy, Inc.

     31,695        1,415,816  

NiSource, Inc.

     439,293        10,841,751  
     

 

 

 
Total Multi-Utilities               14,092,119  
Oil, Gas & Consumable Fuels – 6.0%      

Exxon Mobil Corp.

     19,717        2,318,325  

Kinder Morgan, Inc.

     382,975        6,349,725  

Occidental Petroleum Corp.

     18,376        1,192,235  

Williams Cos., Inc.

     358,404        12,074,631  
     

 

 

 
Total Oil, Gas & Consumable Fuels               21,934,916  
Pharmaceuticals – 0.8%      

Pfizer, Inc.

     88,233        2,926,689  
Professional Services – 1.7%      

Dun & Bradstreet Holdings, Inc.

     158,455        1,582,965  

Genpact Ltd.

     106,895        3,869,599  

Paychex, Inc.

     7,872        907,878  
     

 

 

 
Total Professional Services               6,360,442  
Software – 0.5%      

Dolby Laboratories, Inc., Class A

     11,384        902,296  

Dropbox, Inc., Class A*

     34,600        942,158  
     

 

 

 
Total Software               1,844,454  
Specialized REITs – 0.5%      

National Storage Affiliates Trust

     29,397        933,061  

SBA Communications Corp.

     4,526        905,969  
     

 

 

 
Total Specialized REITs               1,839,030  
Technology Hardware, Storage & Peripherals – 1.9%

 

Hewlett Packard Enterprise Co.

     392,834      6,823,527  
Tobacco – 3.7%      

Altria Group, Inc.

     296,270        12,458,153  

Philip Morris International, Inc.

     10,010        926,726  
     

 

 

 
Total Tobacco               13,384,879  
Trading Companies & Distributors – 0.3%      

Fastenal Co.

     20,039        1,094,931  
Water Utilities – 0.4%      

Essential Utilities, Inc.

     46,904        1,610,214  
Total United States               347,734,652  
Netherlands – 2.2%      
Life Sciences Tools & Services – 2.2%      

QIAGEN NV*

     198,113        8,023,577  
United Kingdom – 1.4%      
Machinery – 1.4%      

CNH Industrial NV(a)

     429,653        5,198,801  

TOTAL COMMON STOCKS

(Cost: $392,676,092)

              360,957,030  
EXCHANGE-TRADED FUND – 0.4%      
United States – 0.4%      
iShares Russell 1000 Value ETF
(Cost: $1,618,245)
     10,238        1,554,333  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.8%

 

United States – 0.8%      

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

     
(Cost: $2,773,297)      2,773,297        2,773,297  

TOTAL INVESTMENTS IN SECURITIES – 100.1%

(Cost: $397,067,634)

        365,284,660  

Other Assets less Liabilities – (0.1)%

        (423,081
     

 

 

 
NET ASSETS – 100.0%             $ 364,861,579  
* 

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 $9,108,269 and the total market value of the collateral held by the Fund was $9,513,620. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,740,323.

 

(b) 

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

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. AI Enhanced Value Fund (AIVL)

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

   $ 360,957,030      $      $      $ 360,957,030  

Exchange-Traded Fund

     1,554,333                      1,554,333  

Investment of Cash Collateral for Securities Loaned

            2,773,297               2,773,297  

Total Investments in Securities

   $ 362,511,363      $ 2,773,297      $      $ 365,284,660  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.9%

 

Aerospace & Defense – 0.2%

 

Parsons Corp.*

     1,993      $ 108,320  
Air Freight & Logistics – 0.5%      

Expeditors International of Washington, Inc.

     868        99,499  

FedEx Corp.

     870        230,480  
     

 

 

 
Total Air Freight & Logistics

 

     329,979  
Automobile Components – 0.6%

 

BorgWarner, Inc.

     3,212        129,669  

Gentex Corp.

     4,037        131,364  

Lear Corp.

     1,046        140,373  
     

 

 

 
Total Automobile Components

 

     401,406  
Automobiles – 0.2%

 

Thor Industries, Inc.

     1,282        121,957  
Banks – 3.0%      

Bank of America Corp.

     15,541        425,513  

Citizens Financial Group, Inc.

     5,361        143,675  

Comerica, Inc.

     3,353        139,317  

Fifth Third Bancorp

     5,467        138,479  

First Citizens BancShares, Inc., Class A

     40        55,204  

Huntington Bancshares, Inc.

     19,083        198,463  

JPMorgan Chase & Co.

     4,950        717,849  

KeyCorp

     10,812        116,337  

New York Community Bancorp, Inc.

     1,889        21,421  
     

 

 

 
Total Banks

 

     1,956,258  
Beverages – 1.3%

 

Brown-Forman Corp., Class B

     2,847        164,243  

Coca-Cola Consolidated, Inc.

     35        22,271  

Keurig Dr Pepper, Inc.

     4,901        154,725  

Molson Coors Beverage Co., Class B

     2,186        139,008  

PepsiCo, Inc.

     2,225        377,004  
     

 

 

 
Total Beverages

 

     857,251  
Biotechnology – 2.7%

 

AbbVie, Inc.

     2,795        416,623  

Amgen, Inc.

     1,078        289,723  

Biogen, Inc.*

     647        166,285  

Exelixis, Inc.*

     2,609        57,007  

Gilead Sciences, Inc.

     3,048        228,417  

Halozyme Therapeutics, Inc.*

     1,497        57,185  

Incyte Corp.*

     697        40,266  

Neurocrine Biosciences, Inc.*

     118        13,275  

Regeneron Pharmaceuticals, Inc.*

     278        228,783  

United Therapeutics Corp.*

     222        50,143  

Vertex Pharmaceuticals, Inc.*

     542        188,475  
     

 

 

 
Total Biotechnology

 

     1,736,182  
Broadline Retail – 3.0%

 

Amazon.com, Inc.*

     14,885        1,892,181  

Dillard’s, Inc., Class A

     131        43,336  
     

 

 

 
Total Broadline Retail

 

     1,935,517  
Building Products – 1.5%

 

Advanced Drainage Systems, Inc.

     1,099      125,099  

Builders FirstSource, Inc.*

     166        20,665  

Carrier Global Corp.

     4,298        237,250  

Fortune Brands Innovations, Inc.

     1,716        106,667  

Masco Corp.

     2,327        124,378  

Owens Corning

     1,571        214,300  

Simpson Manufacturing Co., Inc.

     310        46,441  

UFP Industries, Inc.

     873        89,395  
     

 

 

 
Total Building Products

 

     964,195  
Capital Markets – 2.5%

 

Ameriprise Financial, Inc.

     485        159,895  

Bank of New York Mellon Corp.

     3,871        165,098  

Cboe Global Markets, Inc.

     549        85,759  

CME Group, Inc.

     942        188,607  

FactSet Research Systems, Inc.

     339        148,231  

Goldman Sachs Group, Inc.

     780        252,385  

Interactive Brokers Group, Inc., Class A

     460        39,818  

LPL Financial Holdings, Inc.

     634        150,670  

Nasdaq, Inc.

     3,641        176,916  

State Street Corp.

     2,701        180,859  

Tradeweb Markets, Inc., Class A

     974        78,115  
     

 

 

 
Total Capital Markets

 

     1,626,353  
Chemicals – 0.8%

 

Albemarle Corp.

     964        163,919  

CF Industries Holdings, Inc.

     2,457        210,663  

Mosaic Co.

     4,202        149,591  
     

 

 

 
Total Chemicals

 

     524,173  
Commercial Services & Supplies – 1.1%

 

Clean Harbors, Inc.*

     849        142,089  

MSA Safety, Inc.

     968        152,605  

Republic Services, Inc.

     1,352        192,674  

Waste Management, Inc.

     1,521        231,861  
     

 

 

 
Total Commercial Services & Supplies

 

     719,229  
Communications Equipment – 1.6%

 

Arista Networks, Inc.*

     873        160,571  

Cisco Systems, Inc.

     9,463        508,731  

Juniper Networks, Inc.

     4,658        129,446  

Motorola Solutions, Inc.

     800        217,792  
     

 

 

 
Total Communications Equipment

 

     1,016,540  
Construction & Engineering – 0.4%      

Comfort Systems USA, Inc.

     503        85,716  

EMCOR Group, Inc.

     786        165,367  
     

 

 

 
Total Construction & Engineering

 

     251,083  
Consumer Finance – 0.4%

 

American Express Co.

     1,919        286,296  
Consumer Staples Distribution & Retail – 0.6%      

Sysco Corp.

     1,561        103,104  

Target Corp.

     1,684        186,200  

U.S. Foods Holding Corp.*

     2,455        97,463  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     386,767  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

 

 

Investments    Shares      Value  
Containers & Packaging – 1.1%

 

Berry Global Group, Inc.

     2,868      $ 177,558  

International Paper Co.

     6,372        226,015  

Packaging Corp. of America

     650        99,807  

Sonoco Products Co.

     3,528        191,747  
     

 

 

 
Total Containers & Packaging

 

     695,127  
Diversified Consumer Services – 0.4%

 

ADT, Inc.

     9,208        55,248  

H&R Block, Inc.

     2,597        111,827  

Service Corp. International

     1,384        79,082  
     

 

 

 
Total Diversified Consumer Services

 

     246,157  
Diversified REITs – 0.2%

 

WP Carey, Inc.

     2,116        114,433  
Diversified Telecommunication Services – 1.0%      

AT&T, Inc.

     19,970        299,949  

Verizon Communications, Inc.

     10,926        354,112  
     

 

 

 
Total Diversified Telecommunication Services

 

     654,061  
Electric Utilities – 1.2%

 

Avangrid, Inc.

     4,088        123,335  

Edison International

     2,602        164,680  

Eversource Energy

     2,311        134,385  

Exelon Corp.

     5,081        192,011  

PG&E Corp.*

     9,779        157,735  
     

 

 

 
Total Electric Utilities

 

     772,146  
Electrical Equipment – 0.3%

 

Atkore, Inc.*

     624        93,095  

Hubbell, Inc.

     410        128,498  
     

 

 

 
Total Electrical Equipment

 

     221,593  
Electronic Equipment, Instruments & Components – 1.1%

 

Arrow Electronics, Inc.*

     934        116,974  

Insight Enterprises, Inc.*

     813        118,292  

Jabil, Inc.

     1,779        225,737  

Keysight Technologies, Inc.*

     1,455        192,511  

National Instruments Corp.

     1,214        72,379  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     725,893  
Entertainment – 0.5%

 

Electronic Arts, Inc.

     925        111,370  

Endeavor Group Holdings, Inc., Class A

     6,258        124,534  

Warner Music Group Corp., Class A

     3,683        115,646  
     

 

 

 
Total Entertainment

 

     351,550  
Financial Services – 3.3%

 

Fiserv, Inc.*

     1,842        208,072  

Mastercard, Inc., Class A

     1,706        675,423  

PayPal Holdings, Inc.*

     3,939        230,274  

Visa, Inc., Class A

     3,354        771,454  

Voya Financial, Inc.

     2,749        182,671  

WEX, Inc.*

     536        100,816  
     

 

 

 
Total Financial Services

 

     2,168,710  
Food Products – 2.8%

 

Archer-Daniels-Midland Co.

     2,151        162,229  

Campbell Soup Co.

     3,883      159,514  

Conagra Brands, Inc.

     5,836        160,023  

General Mills, Inc.

     2,828        180,964  

Hershey Co.

     895        179,072  

Hormel Foods Corp.

     2,914        110,819  

J M Smucker Co.

     707        86,897  

Kellogg Co.

     2,951        175,614  

Kraft Heinz Co.

     3,525        118,581  

Lamb Weston Holdings, Inc.

     753        69,622  

McCormick & Co., Inc., Non-Voting Shares

     1,579        119,436  

Mondelez International, Inc., Class A

     3,178        220,553  

Pilgrim’s Pride Corp.*

     3,498        79,859  
     

 

 

 
Total Food Products

 

     1,823,183  
Gas Utilities – 0.1%

 

Atmos Energy Corp.

     339        35,910  
Ground Transportation – 0.3%      

Landstar System, Inc.

     367        64,937  

XPO, Inc.*

     1,594        119,008  
     

 

 

 
Total Ground Transportation

 

     183,945  
Health Care Equipment & Supplies – 2.2%

 

Abbott Laboratories

     2,970        287,644  

Baxter International, Inc.

     4,395        165,867  

Becton Dickinson & Co.

     837        216,390  

Boston Scientific Corp.*

     4,386        231,581  

Edwards Lifesciences Corp.*

     2,570        178,050  

Hologic, Inc.*

     1,079        74,883  

Stryker Corp.

     578        157,950  

Zimmer Biomet Holdings, Inc.

     1,114        125,013  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,437,378  
Health Care Providers & Services – 4.6%

 

Cardinal Health, Inc.

     1,610        139,780  

Cencora, Inc.

     934        168,092  

Centene Corp.*

     2,075        142,926  

Chemed Corp.

     73        37,938  

Cigna Group

     840        240,299  

CVS Health Corp.

     3,778        263,780  

DaVita, Inc.*

     1,102        104,172  

Elevance Health, Inc.

     520        226,418  

Encompass Health Corp.

     706        47,415  

HCA Healthcare, Inc.

     502        123,482  

Henry Schein, Inc.*

     1,477        109,667  

Humana, Inc.

     454        220,880  

Laboratory Corp. of America Holdings

     438        88,060  

McKesson Corp.

     392        170,461  

Molina Healthcare, Inc.*

     126        41,314  

Option Care Health, Inc.*

     1,512        48,913  

Quest Diagnostics, Inc.

     1,182        144,039  

Tenet Healthcare Corp.*

     1,087        71,623  

UnitedHealth Group, Inc.

     1,227        618,641  
     

 

 

 
Total Health Care Providers & Services

 

     3,007,900  
Hotel & Resort REITs – 0.3%

 

Host Hotels & Resorts, Inc.

     13,408        215,467  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

 

 

Investments    Shares      Value  
Hotels, Restaurants & Leisure – 2.5%      

Aramark

     2,902      $ 100,700  

Booking Holdings, Inc.*

     64        197,373  

Chipotle Mexican Grill, Inc.*

     86        157,537  

Darden Restaurants, Inc.

     865        123,885  

Domino’s Pizza, Inc.

     156        59,091  

Expedia Group, Inc.*

     964        99,360  

McDonald’s Corp.

     1,378        363,020  

Starbucks Corp.

     3,089        281,933  

Texas Roadhouse, Inc.

     448        43,053  

Yum! Brands, Inc.

     1,562        195,156  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     1,621,108  
Household Durables – 0.4%

 

DR Horton, Inc.

     668        71,790  

Lennar Corp., Class A

     519        58,247  

PulteGroup, Inc.

     1,307        96,783  

Toll Brothers, Inc.

     762        56,358  
     

 

 

 
Total Household Durables

 

     283,178  
Household Products – 1.7%

 

Church & Dwight Co., Inc.

     1,334        122,234  

Clorox Co.

     856        112,187  

Colgate-Palmolive Co.

     2,354        167,393  

Kimberly-Clark Corp.

     980        118,433  

Procter & Gamble Co.

     3,554        518,387  

Reynolds Consumer Products, Inc.

     1,718        44,032  
     

 

 

 
Total Household Products

 

     1,082,666  
Insurance – 3.7%

 

Aflac, Inc.

     2,772        212,751  

Allstate Corp.

     1,833        204,214  

Assurant, Inc.

     921        132,237  

CNA Financial Corp.

     835        32,857  

Globe Life, Inc.

     749        81,439  

Hartford Financial Services Group, Inc.

     2,388        169,333  

Kinsale Capital Group, Inc.

     158        65,433  

Markel Group, Inc.*

     20        29,450  

MetLife, Inc.

     4,087        257,113  

Primerica, Inc.

     505        97,975  

Progressive Corp.

     1,618        225,387  

Prudential Financial, Inc.

     2,249        213,408  

Reinsurance Group of America, Inc.

     563        81,742  

RLI Corp.

     365        49,600  

Selective Insurance Group, Inc.

     1,041        107,400  

Travelers Cos., Inc.

     1,363        222,591  

Unum Group

     3,051        150,079  

W R Berkley Corp.

     1,640        104,124  
     

 

 

 
Total Insurance

 

     2,437,133  
Interactive Media & Services – 6.0%

 

Alphabet, Inc., Class A*

     20,458        2,677,134  

Meta Platforms, Inc., Class A*

     4,128        1,239,267  
     

 

 

 
Total Interactive Media & Services

 

     3,916,401  
IT Services – 1.7%

 

Akamai Technologies, Inc.*

     1,482        157,892  

Cognizant Technology Solutions Corp., Class A

     2,529      171,315  

EPAM Systems, Inc.*

     255        65,201  

Gartner, Inc.*

     406        139,506  

GoDaddy, Inc., Class A*

     1,448        107,847  

International Business Machines Corp.

     2,581        362,114  

VeriSign, Inc.*

     563        114,024  
     

 

 

 
Total IT Services

 

     1,117,899  
Life Sciences Tools & Services – 0.7%

 

Agilent Technologies, Inc.

     1,152        128,816  

Avantor, Inc.*

     5,196        109,532  

Charles River Laboratories International, Inc.*

     354        69,377  

Medpace Holdings, Inc.*

     89        21,549  

West Pharmaceutical Services, Inc.

     346        129,823  
     

 

 

 
Total Life Sciences Tools & Services

 

     459,097  
Machinery – 2.1%

 

AGCO Corp.

     981        116,033  

Caterpillar, Inc.

     1,286        351,078  

Deere & Co.

     737        278,129  

Lincoln Electric Holdings, Inc.

     865        157,248  

PACCAR, Inc.

     1,733        147,340  

Snap-on, Inc.

     368        93,862  

Toro Co.

     1,057        87,837  

Watts Water Technologies, Inc., Class A

     786        135,836  
     

 

 

 
Total Machinery

 

     1,367,363  
Media – 1.3%

 

Comcast Corp., Class A

     9,468        419,811  

Fox Corp., Class A

     1,297        40,467  

Interpublic Group of Cos., Inc.

     5,429        155,595  

New York Times Co., Class A

     996        41,035  

Omnicom Group, Inc.

     1,721        128,180  

Sirius XM Holdings, Inc.(a)

     18,768        84,831  
     

 

 

 
Total Media

 

     869,919  
Metals & Mining – 0.8%

 

Commercial Metals Co.

     2,487        122,883  

Nucor Corp.

     1,002        156,663  

Reliance Steel & Aluminum Co.

     360        94,403  

Steel Dynamics, Inc.

     1,384        148,392  
     

 

 

 
Total Metals & Mining

 

     522,341  
Multi-Utilities – 0.9%

 

Consolidated Edison, Inc.

     2,030        173,626  

Public Service Enterprise Group, Inc.

     3,197        181,941  

Sempra

     3,206        218,104  
     

 

 

 
Total Multi-Utilities

 

     573,671  
Passenger Airlines – 0.2%

 

United Airlines Holdings, Inc.*

     2,578        109,049  
Personal Care Products – 0.2%      

Coty, Inc., Class A*

     8,581        94,134  

elf Beauty, Inc.*

     193        21,197  
     

 

 

 
Total Personal Care Products

 

     115,331  
Pharmaceuticals – 3.8%

 

Bristol-Myers Squibb Co.

     4,595        266,694  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

 

 

Investments    Shares      Value  

Eli Lilly & Co.

     1,251      $ 671,950  

Johnson & Johnson

     3,348        521,451  

Merck & Co., Inc.

     3,956        407,270  

Pfizer, Inc.

     10,022        332,430  

Viatris, Inc.

     9,039        89,124  

Zoetis, Inc.

     1,008        175,372  
     

 

 

 
Total Pharmaceuticals

 

     2,464,291  
Professional Services – 1.7%

 

Automatic Data Processing, Inc.

     1,072        257,902  

Booz Allen Hamilton Holding Corp.

     1,528        166,964  

Broadridge Financial Solutions, Inc.

     977        174,932  

FTI Consulting, Inc.*

     692        123,460  

Robert Half, Inc.

     1,772        129,852  

TriNet Group, Inc.*

     765        89,107  

Verisk Analytics, Inc.

     754        178,125  
     

 

 

 
Total Professional Services

 

     1,120,342  
Residential REITs – 0.4%

 

AvalonBay Communities, Inc.

     1,441        247,477  
Retail REITs – 0.8%      

Agree Realty Corp.

     2,163        119,484  

Brixmor Property Group, Inc.

     8,317        172,827  

NNN REIT, Inc.

     1,553        54,883  

Simon Property Group, Inc.

     1,526        164,854  
     

 

 

 
Total Retail REITs

 

     512,048  
Semiconductors & Semiconductor Equipment – 4.9%

 

Applied Materials, Inc.

     2,619        362,601  

Axcelis Technologies, Inc.*

     455        74,188  

First Solar, Inc.*

     1,098        177,426  

KLA Corp.

     366        167,870  

Lam Research Corp.

     438        274,525  

NVIDIA Corp.

     4,051        1,762,144  

QUALCOMM, Inc.

     2,847        316,188  

Rambus, Inc.*

     846        47,198  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     3,182,140  
Software – 12.0%

 

Adobe, Inc.*

     1,012        516,019  

ANSYS, Inc.*

     478        142,229  

AppLovin Corp., Class A*

     2,829        113,047  

Autodesk, Inc.*

     1,183        244,775  

CCC Intelligent Solutions Holdings, Inc.*

     16,544        220,862  

Dolby Laboratories, Inc., Class A

     1,624        128,718  

Dropbox, Inc., Class A*

     4,138        112,678  

Fair Isaac Corp.*

     86        74,694  

Fortinet, Inc.*

     2,235        131,150  

Gen Digital, Inc.

     7,760        137,197  

Intuit, Inc.

     702        358,680  

Manhattan Associates, Inc.*

     311        61,472  

Microsoft Corp.

     11,278        3,561,028  

New Relic, Inc.*

     566        48,461  

Oracle Corp.

     5,057        535,637  

Palo Alto Networks, Inc.*

     819        192,006  

Qualys, Inc.*

     319        48,663  

Salesforce, Inc.*

     2,019      409,413  

Splunk, Inc.*

     1,007        147,274  

Synopsys, Inc.*

     374        171,655  

VMware, Inc., Class A*

     1,627        270,863  

Workday, Inc., Class A*

     900        193,365  
     

 

 

 
Total Software

 

     7,819,886  
Specialized REITs – 0.9%

 

CubeSmart

     3,320        126,592  

Gaming & Leisure Properties, Inc.

     1,813        82,582  

Iron Mountain, Inc.

     3,856        229,239  

VICI Properties, Inc.

     6,200        180,420  
     

 

 

 
Total Specialized REITs

 

     618,833  
Specialty Retail – 3.3%

 

AutoNation, Inc.*

     326        49,356  

AutoZone, Inc.*

     56        142,240  

Best Buy Co., Inc.

     2,703        187,777  

Home Depot, Inc.

     1,865        563,528  

Lowe’s Cos., Inc.

     1,530        317,995  

O’Reilly Automotive, Inc.*

     86        78,162  

Ross Stores, Inc.

     1,150        129,893  

TJX Cos., Inc.

     3,068        272,684  

Tractor Supply Co.

     622        126,297  

Ulta Beauty, Inc.*

     288        115,042  

Williams-Sonoma, Inc.

     1,238        192,385  
     

 

 

 
Total Specialty Retail

 

     2,175,359  
Technology Hardware, Storage & Peripherals – 7.8%

 

Apple, Inc.

     24,431        4,182,831  

Dell Technologies, Inc., Class C

     3,452        237,843  

Hewlett Packard Enterprise Co.

     13,467        233,922  

HP, Inc.

     7,662        196,913  

NetApp, Inc.

     2,128        161,473  

Super Micro Computer, Inc.*

     182        49,908  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     5,062,890  
Textiles, Apparel & Luxury Goods – 0.7%

 

Crocs, Inc.*

     847        74,731  

Deckers Outdoor Corp.*

     269        138,290  

Ralph Lauren Corp.

     1,249        144,996  

Tapestry, Inc.

     4,510        129,663  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     487,680  
Trading Companies & Distributors – 0.9%

 

Applied Industrial Technologies, Inc.

     866        133,892  

MSC Industrial Direct Co., Inc., Class A

     847        83,133  

United Rentals, Inc.

     476        211,615  

WESCO International, Inc.

     1,062        152,737  
     

 

 

 
Total Trading Companies & Distributors

 

     581,377  
Water Utilities – 0.3%

 

American Water Works Co., Inc.

     1,548        191,689  
Wireless Telecommunication Services – 0.4%      

T-Mobile U.S., Inc.*

     1,996        279,540  

TOTAL INVESTMENTS IN SECURITIES – 99.9%

(Cost: $52,964,733)

 

 

     65,093,667  

Other Assets less Liabilities – 0.1%

 

     92,955  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 65,186,622  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. ESG Fund (RESP)

September 30, 2023

 

* 

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 $76,347 and the total market value of the collateral held by the Fund was $81,468, which was entirely composed of non-cash U.S. Government securities.

 

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

   $ 65,093,667      $      $      $ 65,093,667  

Total Investments in Securities

   $ 65,093,667      $      $      $ 65,093,667  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. Growth & Momentum Fund (WGRO)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

United States – 97.6%

 

Aerospace & Defense – 3.2%

 

Curtiss-Wright Corp.

     128      $ 25,040  

Howmet Aerospace, Inc.

     907        41,949  
     

 

 

 
Total Aerospace & Defense

 

     66,989  
Banks – 2.6%

 

First Citizens BancShares, Inc., Class A

     20        27,602  

JPMorgan Chase & Co.

     184        26,684  
     

 

 

 
Total Banks

 

     54,286  
Biotechnology – 3.0%

 

Exact Sciences Corp.*

     550        37,521  

Halozyme Therapeutics, Inc.*

     671        25,632  
     

 

 

 
Total Biotechnology

 

     63,153  
Building Products – 3.5%

 

AZEK Co., Inc.*

     714        21,234  

Builders FirstSource, Inc.*

     191        23,778  

Simpson Manufacturing Co., Inc.

     190        28,464  
     

 

 

 
Total Building Products

 

     73,476  
Chemicals – 2.5%

 

Air Products & Chemicals, Inc.

     90        25,506  

Linde PLC

     69        25,692  
     

 

 

 
Total Chemicals

 

     51,198  
Commercial Services & Supplies – 1.3%

 

MSA Safety, Inc.

     170        26,801  
Construction & Engineering – 2.4%      

API Group Corp.*

     961        24,919  

EMCOR Group, Inc.

     120        25,247  
     

 

 

 
Total Construction & Engineering

 

     50,166  
Construction Materials – 1.3%

 

Eagle Materials, Inc.

     162        26,976  
Consumer Staples Distribution & Retail – 2.1%      

U.S. Foods Holding Corp.*

     1,102        43,749  
Diversified Consumer Services – 2.6%      

Grand Canyon Education, Inc.*

     469        54,817  
Electrical Equipment – 2.1%      

Atkore, Inc.*

     286        42,668  
Electronic Equipment, Instruments & Components – 3.1%

 

Badger Meter, Inc.

     166        23,882  

Insight Enterprises, Inc.*

     277        40,304  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     64,186  
Energy Equipment & Services – 2.5%

 

Transocean Ltd.*

     2,844        23,349  

Valaris Ltd.*

     370        27,743  
     

 

 

 
Total Energy Equipment & Services

 

     51,092  
Entertainment – 2.0%

 

Madison Square Garden Sports Corp.

     237        41,783  
Financial Services – 1.2%      

Visa, Inc., Class A

     108        24,841  
Ground Transportation – 1.2%      

XPO, Inc.*

     326      24,339  
Health Care Equipment & Supplies – 5.2%      

Boston Scientific Corp.*

     496        26,189  

IDEXX Laboratories, Inc.*

     92        40,229  

Intuitive Surgical, Inc.*

     144        42,089  
     

 

 

 
Total Health Care Equipment & Supplies

 

     108,507  
Hotels, Restaurants & Leisure – 9.5%

 

Booking Holdings, Inc.*

     16        49,343  

Carnival Corp.*

     1,521        20,868  

Hyatt Hotels Corp., Class A

     237        25,141  

Royal Caribbean Cruises Ltd.*

     442        40,726  

Shake Shack, Inc., Class A*

     607        35,248  

Yum! Brands, Inc.

     204        25,488  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     196,814  
Household Durables – 6.1%

 

NVR, Inc.*

     4        23,853  

Taylor Morrison Home Corp.*

     935        39,840  

TopBuild Corp.*

     95        23,902  

Tri Pointe Homes, Inc.*

     1,430        39,111  
     

 

 

 
Total Household Durables

 

     126,706  
Insurance – 6.5%

 

Aon PLC, Class A

     80        25,938  

Arthur J Gallagher & Co.

     117        26,668  

Markel Group, Inc.*

     20        29,450  

Marsh & McLennan Cos., Inc.

     137        26,071  

Primerica, Inc.

     144        27,937  
     

 

 

 
Total Insurance

 

     136,064  
IT Services – 1.2%

 

VeriSign, Inc.*

     125        25,316  
Machinery – 6.8%      

Lincoln Electric Holdings, Inc.

     143        25,996  

Parker-Hannifin Corp.

     65        25,319  

Snap-on, Inc.

     125        31,883  

Terex Corp.

     454        26,159  

Watts Water Technologies, Inc., Class A

     179        30,935  
     

 

 

 
Total Machinery

 

     140,292  
Passenger Airlines – 1.7%

 

United Airlines Holdings, Inc.*

     834        35,278  
Professional Services – 1.5%      

CACI International, Inc., Class A*

     102        32,021  
Semiconductors & Semiconductor Equipment – 11.6%

 

Applied Materials, Inc.

     181        25,060  

Axcelis Technologies, Inc.*

     244        39,784  

Broadcom, Inc.

     50        41,529  

Cirrus Logic, Inc.*

     352        26,034  

First Solar, Inc.*

     217        35,065  

NVIDIA Corp.

     58        25,229  

Silicon Laboratories, Inc.*

     203        23,526  

Universal Display Corp.

     163        25,589  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     241,816  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Growth & Momentum Fund (WGRO)

September 30, 2023

 

 

 

Investments    Shares      Value  
Software – 4.7%

 

MicroStrategy, Inc., Class A*

     65      $ 21,338  

Oracle Corp.

     212        22,455  

Palantir Technologies, Inc., Class A*

     1,537        24,592  

Progress Software Corp.

     555        29,182  
     

 

 

 
Total Software

 

     97,567  
Specialty Retail – 3.8%

 

Asbury Automotive Group, Inc.*

     116        26,688  

O’Reilly Automotive, Inc.*

     28        25,448  

Urban Outfitters, Inc.*

     840        27,460  
     

 

 

 
Total Specialty Retail

 

     79,596  
Technology Hardware, Storage & Peripherals – 1.1%

 

Super Micro Computer, Inc.*

     83        22,760  
Textiles, Apparel & Luxury Goods – 1.3%      

Deckers Outdoor Corp.*

     51        26,219  
Total United States

 

     2,029,476  
Brazil – 1.0%      
Capital Markets – 1.0%      

XP, Inc., Class A

     935      21,552  
Israel – 1.4%      
Software – 1.4%      

Check Point Software Technologies Ltd.*

     216        28,789  

TOTAL INVESTMENTS IN SECURITIES – 100.0%

(Cost: $2,154,650)

        2,079,817  

Other Assets less Liabilities – 0.0%

        781  
     

 

 

 
NET ASSETS – 100.0%             $ 2,080,598  
* 

Non-income producing security.

 

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

   $ 2,079,817      $      $      $ 2,079,817  

Total Investments in Securities

   $ 2,079,817      $      $      $ 2,079,817  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%      
United States – 99.5%      
Aerospace & Defense – 0.1%      

Kaman Corp.

     19,417      $ 381,544  

Park Aerospace Corp.

     12,802        198,815  
     

 

 

 
Total Aerospace & Defense

 

     580,359  
Automobile Components – 0.2%

 

LCI Industries

     12,767        1,499,101  

Patrick Industries, Inc.

     14,748        1,106,985  
     

 

 

 
Total Automobile Components

 

     2,606,086  
Automobiles – 1.0%

 

Ford Motor Co.

     893,386        11,095,854  
Banks – 9.7%      

American National Bankshares, Inc.

     5,907        224,112  

Ames National Corp.(a)

     5,919        98,196  

Arrow Financial Corp.

     12,317        209,641  

Associated Banc-Corp.

     61,109        1,045,575  

Atlantic Union Bankshares Corp.

     34,624        996,479  

Bank of Hawaii Corp.

     17,344        861,823  

Bar Harbor Bankshares

     8,755        206,881  

BCB Bancorp, Inc.

     13,295        148,106  

Brookline Bancorp, Inc.

     57,995        528,334  

Camden National Corp.

     10,960        309,291  

Capitol Federal Financial, Inc.

     100,455        479,170  

Central Pacific Financial Corp.

     20,483        341,656  

Citigroup, Inc.

     426,453        17,540,012  

Citizens & Northern Corp.

     10,644        186,802  

Citizens Financial Group, Inc.

     114,604        3,071,387  

Columbia Banking System, Inc.

     109,710        2,227,113  

Comerica, Inc.

     38,233        1,588,581  

Community Trust Bancorp, Inc.

     13,347        457,268  

Eagle Bancorp, Inc.

     22,098        474,002  

Evans Bancorp, Inc.

     3,795        101,706  

Farmers National Banc Corp.

     25,591        295,832  

Fifth Third Bancorp

     154,614        3,916,373  

Financial Institutions, Inc.

     11,877        199,890  

First Bancorp, Inc.

     6,562        154,207  

First Busey Corp.

     38,733        744,448  

First Commonwealth Financial Corp.

     69,583        849,608  

First Community Bankshares, Inc.

     11,013        324,333  

First Financial Bancorp

     55,376        1,085,370  

First Hawaiian, Inc.

     57,906        1,045,203  

First Interstate BancSystem, Inc., Class A

     41,682        1,039,549  

First of Long Island Corp.(a)

     17,806        204,947  

Flushing Financial Corp.

     23,025        302,318  

FNB Corp.

     161,588        1,743,535  

Fulton Financial Corp.

     85,898        1,040,225  

Hanmi Financial Corp.

     23,176        376,146  

HBT Financial, Inc.

     18,846        343,751  

Heritage Commerce Corp.

     44,605        377,804  

HomeStreet, Inc.

     13,640        106,256  

Hope Bancorp, Inc.

     81,663        722,718  

Horizon Bancorp, Inc.

     32,456        346,630  

Huntington Bancshares, Inc.

     340,903      3,545,391  

Independent Bank Corp.

     15,632        286,691  

Kearny Financial Corp.

     49,171        340,755  

KeyCorp

     245,402        2,640,526  

Lakeland Bancorp, Inc.

     47,027        593,481  

LCNB Corp.

     5,507        78,585  

Mercantile Bank Corp.

     10,565        326,564  

Midland States Bancorp, Inc.

     16,240        333,570  

National Bankshares, Inc.

     3,499        87,615  

New York Community Bancorp, Inc.

     268,086        3,040,095  

Northfield Bancorp, Inc.

     33,449        316,093  

Northrim Bancorp, Inc.

     3,687        146,079  

Northwest Bancshares, Inc.

     90,270        923,462  

Norwood Financial Corp.

     5,755        148,249  

OceanFirst Financial Corp.

     41,826        605,222  

Pacific Premier Bancorp, Inc.

     48,511        1,055,599  

PacWest Bancorp

     52,017        411,454  

Parke Bancorp, Inc.

     7,871        128,219  

PCB Bancorp

     10,572        163,337  

Peoples Bancorp, Inc.

     20,973        532,295  

PNC Financial Services Group, Inc.

     79,630        9,776,175  

Premier Financial Corp.

     26,771        456,713  

Primis Financial Corp.

     15,798        128,754  

Provident Financial Services, Inc.

     50,540        772,757  

Regions Financial Corp.

     199,695        3,434,754  

S&T Bancorp, Inc.

     28,278        765,768  

Sandy Spring Bancorp, Inc.

     29,557        633,407  

Sierra Bancorp

     9,741        184,689  

Simmons First National Corp., Class A

     62,201        1,054,929  

Southside Bancshares, Inc.

     23,445        672,872  

Synovus Financial Corp.

     44,350        1,232,930  

Territorial Bancorp, Inc.

     4,516        41,050  

Truist Financial Corp.

     323,872        9,265,978  

TrustCo Bank Corp.

     13,434        366,614  

U.S. Bancorp

     478,427        15,816,797  

United Bankshares, Inc.

     41,788        1,152,931  

Univest Financial Corp.

     21,402        371,967  

Valley National Bancorp

     156,920        1,343,235  

Washington Trust Bancorp, Inc.

     13,273        349,478  

Webster Financial Corp.

     42,590        1,716,803  

WesBanco, Inc.

     30,248        738,656  

West BanCorp, Inc.

     10,994        179,312  
     

 

 

 
Total Banks

 

     112,475,129  
Biotechnology – 7.1%

 

AbbVie, Inc.

     394,827        58,852,913  

Gilead Sciences, Inc.

     301,926        22,626,334  
     

 

 

 
Total Biotechnology

 

     81,479,247  
Broadline Retail – 0.2%

 

Kohl’s Corp.(a)

     64,418        1,350,201  

Nordstrom, Inc.(a)

     71,195        1,063,654  
     

 

 

 
Total Broadline Retail

 

     2,413,855  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Capital Markets – 4.7%

 

Artisan Partners Asset Management, Inc., Class A

     43,194      $ 1,616,319  

Bank of New York Mellon Corp.

     146,904        6,265,455  

Blue Owl Capital, Inc.

     165,877        2,149,766  

Bridge Investment Group Holdings, Inc., Class A

     22,944        211,085  

Carlyle Group, Inc.

     100,699        3,037,082  

Cohen & Steers, Inc.

     23,155        1,451,587  

Diamond Hill Investment Group, Inc.

     1,952        329,049  

Franklin Resources, Inc.

     129,974        3,194,761  

GCM Grosvenor, Inc., Class A

     29,263        227,081  

Moelis & Co., Class A

     35,407        1,597,918  

Morgan Stanley

     284,696        23,251,122  

Northern Trust Corp.

     42,229        2,934,071  

T Rowe Price Group, Inc.

     47,979        5,031,558  

Victory Capital Holdings, Inc., Class A

     42,762        1,425,685  

Virtu Financial, Inc., Class A

     54,678        944,289  

Virtus Investment Partners, Inc.

     4,776        964,704  
     

 

 

 
Total Capital Markets

 

     54,631,532  
Chemicals – 1.4%

 

Chemours Co.

     48,400        1,357,620  

Dow, Inc.

     197,827        10,199,960  

Eastman Chemical Co.

     29,822        2,287,944  

Kronos Worldwide, Inc.

     77,732        602,423  

Mativ Holdings, Inc.(a)

     30,388        433,333  

Scotts Miracle-Gro Co.(a)

     27,146        1,402,905  
     

 

 

 
Total Chemicals

 

     16,284,185  
Commercial Services & Supplies – 0.4%

 

ACCO Brands Corp.

     66,421        381,257  

CompX International, Inc.

     6,841        127,174  

Deluxe Corp.

     30,796        581,736  

Ennis, Inc.

     15,627        331,605  

HNI Corp.

     33,494        1,159,897  

MillerKnoll, Inc.

     55,330        1,352,819  

NL Industries, Inc.

     26,432        125,552  

Pitney Bowes, Inc.

     116,209        350,951  

Steelcase, Inc., Class A

     71,863        802,710  
     

 

 

 
Total Commercial Services & Supplies

 

     5,213,701  
Communications Equipment – 4.2%

 

Cisco Systems, Inc.

     909,726        48,906,870  

Comtech Telecommunications Corp.

     19,637        171,824  
     

 

 

 
Total Communications Equipment

 

     49,078,694  
Consumer Finance – 0.6%

 

Ally Financial, Inc.

     98,970        2,640,519  

Navient Corp.

     70,877        1,220,502  

OneMain Holdings, Inc.

     77,391        3,102,605  

Regional Management Corp.

     6,195        171,478  
     

 

 

 
Total Consumer Finance

 

     7,135,104  
Consumer Staples Distribution & Retail – 0.4%

 

Natural Grocers by Vitamin Cottage, Inc.

     14,780        190,810  

Village Super Market, Inc., Class A

     7,231        163,710  

Walgreens Boots Alliance, Inc.

     202,623        4,506,335  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     4,860,855  
Containers & Packaging – 1.1%      

Greif, Inc., Class B

     14,660      975,770  

International Paper Co.

     108,371        3,843,919  

Packaging Corp. of America

     30,236        4,642,738  

Pactiv Evergreen, Inc.

     92,609        752,911  

Sonoco Products Co.

     35,952        1,953,991  
     

 

 

 
Total Containers & Packaging

 

     12,169,329  
Distributors – 0.0%

 

Weyco Group, Inc.(a)

     5,161        130,831  
Diversified Consumer Services – 0.1%      

Strategic Education, Inc.

     13,174        991,344  
Diversified REITs – 0.2%      

Alexander & Baldwin, Inc.

     7,527        125,927  

Alpine Income Property Trust, Inc.

     2,196        35,927  

American Assets Trust, Inc.

     4,956        96,394  

Armada Hoffler Properties, Inc.

     8,175        83,712  

Broadstone Net Lease, Inc.

     10,667        152,538  

CTO Realty Growth, Inc.

     2,963        48,030  

Essential Properties Realty Trust, Inc.

     10,760        232,739  

Gladstone Commercial Corp.

     5,163        62,782  

NexPoint Diversified Real Estate Trust(a)

     4,025        35,058  

One Liberty Properties, Inc.

     3,445        65,007  

WP Carey, Inc.

     16,939        916,061  
     

 

 

 
Total Diversified REITs

 

     1,854,175  
Diversified Telecommunication Services – 2.8%

 

AT&T, Inc.

     2,035,791        30,577,581  

Cogent Communications Holdings, Inc.

     33,872        2,096,677  
     

 

 

 
Total Diversified Telecommunication Services

 

     32,674,258  
Electric Utilities – 8.1%

 

ALLETE, Inc.

     22,556        1,190,957  

Alliant Energy Corp.

     52,356        2,536,648  

American Electric Power Co., Inc.

     134,619        10,126,041  

Avangrid, Inc.

     95,860        2,892,096  

Duke Energy Corp.

     156,051        13,773,061  

Edison International

     89,977        5,694,644  

Entergy Corp.

     42,803        3,959,278  

Evergy, Inc.

     60,101        3,047,121  

Eversource Energy

     82,709        4,809,528  

Exelon Corp.

     171,075        6,464,924  

FirstEnergy Corp.

     169,499        5,793,476  

Hawaiian Electric Industries, Inc.

     27,829        342,575  

NRG Energy, Inc.

     56,883        2,191,133  

OGE Energy Corp.

     80,747        2,691,298  

Pinnacle West Capital Corp.

     33,802        2,490,531  

Portland General Electric Co.

     45,323        1,834,675  

PPL Corp.

     133,674        3,149,360  

Southern Co.

     322,798        20,891,487  
     

 

 

 
Total Electric Utilities

 

     93,878,833  
Electrical Equipment – 0.1%

 

Powell Industries, Inc.

     7,957        659,635  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Energy Equipment & Services – 0.1%      

Archrock, Inc.

     109,425      $ 1,378,755  

Solaris Oilfield Infrastructure, Inc., Class A

     23,038        245,585  
     

 

 

 
Total Energy Equipment & Services

 

     1,624,340  
Financial Services – 0.7%

 

Federal Agricultural Mortgage Corp., Class C

     6,778        1,045,845  

Jackson Financial, Inc., Class A

     47,852        1,828,904  

Radian Group, Inc.

     91,648        2,301,281  

TFS Financial Corp.

     161,802        1,912,500  

UWM Holdings Corp.(a)

     66,444        322,253  

Waterstone Financial, Inc.

     16,075        176,021  
     

 

 

 
Total Financial Services

 

     7,586,804  
Food Products – 1.6%

 

Alico, Inc.

     5,096        127,196  

Cal-Maine Foods, Inc.

     30,820        1,492,304  

Calavo Growers, Inc.

     12,902        325,518  

Conagra Brands, Inc.

     99,660        2,732,677  

Kellogg Co.

     87,710        5,219,622  

Kraft Heinz Co.

     254,265        8,553,475  
     

 

 

 
Total Food Products

 

     18,450,792  
Gas Utilities – 0.6%

 

New Jersey Resources Corp.

     37,940        1,541,502  

Northwest Natural Holding Co.

     24,594        938,507  

RGC Resources, Inc.

     1,921        33,234  

Southwest Gas Holdings, Inc.

     22,771        1,375,596  

Spire, Inc.

     23,069        1,305,244  

UGI Corp.

     57,121        1,313,783  
     

 

 

 
Total Gas Utilities

 

     6,507,866  
Health Care Providers & Services – 0.2%

 

National HealthCare Corp.

     11,800        754,964  

Patterson Cos., Inc.

     46,795        1,387,004  
     

 

 

 
Total Health Care Providers & Services

 

     2,141,968  
Health Care REITs – 0.6%

 

CareTrust REIT, Inc.

     10,040        205,820  

Community Healthcare Trust, Inc.

     2,506        74,428  

Diversified Healthcare Trust(a)

     31,450        61,013  

Global Medical REIT, Inc.

     7,461        66,925  

Healthpeak Properties, Inc.

     39,828        731,242  

LTC Properties, Inc.

     4,189        134,593  

National Health Investors, Inc.

     3,434        176,370  

Omega Healthcare Investors, Inc.

     20,344        674,607  

Physicians Realty Trust

     18,047        219,993  

Sabra Health Care REIT, Inc.

     18,158        253,123  

Universal Health Realty Income Trust

     1,467        59,311  

Ventas, Inc.

     31,930        1,345,211  

Welltower, Inc.

     38,298        3,137,372  
     

 

 

 
Total Health Care REITs

 

     7,140,008  
Hotel & Resort REITs – 0.0%

 

Apple Hospitality REIT, Inc.

     18,684        286,612  

Service Properties Trust

     14,353        110,375  
     

 

 

 
Total Hotel & Resort REITs

 

     396,987  
Hotels, Restaurants & Leisure – 0.6%

 

Cracker Barrel Old Country Store, Inc.

     13,763      924,874  

Darden Restaurants, Inc.

     35,046        5,019,288  

Travel & Leisure Co.

     36,472        1,339,616  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     7,283,778  
Household Durables – 0.3%

 

Ethan Allen Interiors, Inc.

     20,227        604,787  

Leggett & Platt, Inc.

     52,547        1,335,219  

MDC Holdings, Inc.

     45,216        1,864,256  
     

 

 

 
Total Household Durables

 

     3,804,262  
Household Products – 0.7%

 

Energizer Holdings, Inc.

     35,318        1,131,589  

Kimberly-Clark Corp.

     60,251        7,281,333  
     

 

 

 
Total Household Products

 

     8,412,922  
Independent Power & Renewable Electricity Producers – 0.0%

 

Clearway Energy, Inc., Class A

     24,954        497,084  
Industrial Conglomerates – 1.0%      

3M Co.

     129,491        12,122,947  
Industrial REITs – 0.1%      

EastGroup Properties, Inc.

     3,548        590,848  

Innovative Industrial Properties, Inc.

     2,169        164,107  

LXP Industrial Trust

     27,075        240,968  

Plymouth Industrial REIT, Inc.

     4,038        84,596  

STAG Industrial, Inc.

     13,897        479,585  
     

 

 

 
Total Industrial REITs

 

     1,560,104  
Insurance – 2.3%

 

CNA Financial Corp.

     69,279        2,726,129  

Donegal Group, Inc., Class A

     21,235        302,705  

Fidelity National Financial, Inc.

     84,069        3,472,050  

First American Financial Corp.

     35,048        1,979,861  

Horace Mann Educators Corp.

     26,794        787,208  

Mercury General Corp.

     30,813        863,688  

Old Republic International Corp.

     118,047        3,180,186  

Prudential Financial, Inc.

     87,587        8,311,130  

Safety Insurance Group, Inc.

     10,444        712,176  

Stewart Information Services Corp.

     19,260        843,588  

Universal Insurance Holdings, Inc.

     20,877        292,696  

Unum Group

     65,316        3,212,894  
     

 

 

 
Total Insurance

 

     26,684,311  
IT Services – 2.4%

 

International Business Machines Corp.

     195,589        27,441,137  
Leisure Products – 0.4%      

Hasbro, Inc.

     41,892        2,770,737  

Marine Products Corp.

     25,197        358,050  

Smith & Wesson Brands, Inc.

     32,030        413,507  

Sturm Ruger & Co., Inc.

     11,175        582,441  
     

 

 

 
Total Leisure Products

 

     4,124,735  
Machinery – 0.1%

 

Hyster-Yale Materials Handling, Inc.

     8,315        370,683  

Trinity Industries, Inc.

     37,333        909,058  
     

 

 

 
Total Machinery

 

     1,279,741  

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Media – 0.8%

 

Interpublic Group of Cos., Inc.

     89,755      $ 2,572,378  

Omnicom Group, Inc.

     45,881        3,417,217  

Paramount Global, Class B

     182,462        2,353,760  

Sinclair, Inc.(a)

     34,405        386,024  
     

 

 

 
Total Media

 

     8,729,379  
Metals & Mining – 0.4%

 

Arch Resources, Inc.

     13,632        2,326,437  

Kaiser Aluminum Corp.

     11,542        868,651  

Ramaco Resources, Inc., Class A

     31,084        341,613  

SunCoke Energy, Inc.

     60,267        611,710  
     

 

 

 
Total Metals & Mining

 

     4,148,411  
Multi-Utilities – 3.5%

 

Avista Corp.

     33,104        1,071,576  

Black Hills Corp.

     24,100        1,219,219  

CMS Energy Corp.

     56,852        3,019,410  

Consolidated Edison, Inc.

     89,823        7,682,561  

Dominion Energy, Inc.

     191,101        8,536,482  

DTE Energy Co.

     53,300        5,291,624  

NiSource, Inc.

     95,784        2,363,949  

Northwestern Energy Group, Inc.

     25,094        1,206,018  

Public Service Enterprise Group, Inc.

     99,075        5,638,358  

WEC Energy Group, Inc.

     55,350        4,458,443  
     

 

 

 
Total Multi-Utilities

 

     40,487,640  
Office REITs – 0.1%

 

COPT Defense Properties

     10,218        243,495  

Cousins Properties, Inc.

     12,077        246,009  

Douglas Emmett, Inc.

     15,143        193,225  

Easterly Government Properties, Inc.

     7,818        89,360  

Highwoods Properties, Inc.

     10,076        207,666  

JBG SMITH Properties

     4,518        65,330  

Kilroy Realty Corp.

     5,729        181,094  

Orion Office REIT, Inc.

     8,747        45,572  

Paramount Group, Inc.

     7,115        32,871  

Piedmont Office Realty Trust, Inc., Class A

     15,765        88,599  

Postal Realty Trust, Inc., Class A(a)

     2,998        40,473  

SL Green Realty Corp.

     6,124        228,425  
     

 

 

 
Total Office REITs

 

     1,662,119  
Oil, Gas & Consumable Fuels – 21.7%

 

Antero Midstream Corp.

     259,039        3,103,287  

Berry Corp.

     62,418        511,828  

Chesapeake Energy Corp.(a)

     103,980        8,966,195  

Chevron Corp.

     365,892        61,696,709  

Chord Energy Corp.

     31,622        5,124,978  

Civitas Resources, Inc.(a)

     62,642        5,065,859  

CONSOL Energy, Inc.

     25,152        2,638,696  

Coterra Energy, Inc.

     418,499        11,320,398  

Crescent Energy Co., Class A

     33,607        424,792  

CVR Energy, Inc.

     59,569        2,027,133  

Devon Energy Corp.

     262,574        12,524,780  

Diamondback Energy, Inc.

     58,873        9,118,250  

DT Midstream, Inc.

     34,203        1,810,023  

Equitrans Midstream Corp.

     251,916      2,360,453  

Evolution Petroleum Corp.

     23,428        160,247  

Exxon Mobil Corp.

     606,998        71,370,825  

Kinetik Holdings, Inc.(a)

     33,573        1,133,089  

Northern Oil & Gas, Inc.

     36,204        1,456,487  

Phillips 66

     89,871        10,798,001  

Pioneer Natural Resources Co.

     114,618        26,310,562  

Riley Exploration Permian, Inc.

     15,840        503,554  

Sitio Royalties Corp., Class A

     54,744        1,325,352  

Williams Cos., Inc.

     311,789        10,504,171  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     250,255,669  
Personal Care Products – 0.1%

 

Medifast, Inc.

     8,055        602,917  

Nu Skin Enterprises, Inc., Class A

     28,203        598,185  
     

 

 

 
Total Personal Care Products

 

     1,201,102  
Pharmaceuticals – 4.1%

 

Organon & Co.

     108,573        1,884,827  

Pfizer, Inc.

     1,262,970        41,892,715  

Phibro Animal Health Corp., Class A

     18,712        238,952  

Viatris, Inc.

     328,490        3,238,912  
     

 

 

 
Total Pharmaceuticals

 

     47,255,406  
Real Estate Management & Development – 0.0%

 

Kennedy-Wilson Holdings, Inc.

     12,325        181,670  

RE/MAX Holdings, Inc., Class A

     2,987        38,652  

RMR Group, Inc., Class A

     2,307        56,568  
     

 

 

 
Total Real Estate Management & Development

 

     276,890  
Residential REITs – 0.6%

 

Apartment Income REIT Corp.

     11,275        346,142  

AvalonBay Communities, Inc.

     11,403        1,958,351  

BRT Apartments Corp.

     1,840        31,777  

Centerspace

     1,741        104,913  

Elme Communities

     4,715        64,313  

Equity Residential

     31,315        1,838,504  

Essex Property Trust, Inc.

     5,264        1,116,442  

Independence Realty Trust, Inc.

     18,919        266,190  

NexPoint Residential Trust, Inc.

     2,350        75,623  

UDR, Inc.

     26,359        940,225  

UMH Properties, Inc.

     5,512        77,278  
     

 

 

 
Total Residential REITs

 

     6,819,758  
Retail REITs – 1.7%

 

Acadia Realty Trust

     10,940        156,989  

Agree Realty Corp.

     6,706        370,439  

Alexander’s, Inc.

     383        69,794  

Brixmor Property Group, Inc.

     28,498        592,188  

CBL & Associates Properties, Inc.

     2,482        52,072  

Federal Realty Investment Trust

     5,887        533,539  

Getty Realty Corp.

     3,346        92,785  

Kimco Realty Corp.

     48,985        861,646  

Kite Realty Group Trust

     16,388        351,031  

Macerich Co.

     12,318        134,389  

NETSTREIT Corp.

     6,152        95,848  

NNN REIT, Inc.

     13,352        471,860  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Phillips Edison & Co., Inc.

     9,031      $ 302,900  

Realty Income Corp.

     55,499        2,771,620  

Regency Centers Corp.

     14,090        837,510  

Retail Opportunity Investments Corp.

     16,165        200,123  

RPT Realty

     4,409        46,559  

Saul Centers, Inc.

     2,506        88,387  

Simon Property Group, Inc.

     95,067        10,270,088  

SITE Centers Corp.

     20,441        252,037  

Spirit Realty Capital, Inc.

     13,511        453,024  

Tanger Factory Outlet Centers, Inc.

     9,003        203,468  

Urban Edge Properties

     12,024        183,486  

Whitestone REIT

     5,782        55,681  
     

 

 

 
Total Retail REITs

 

     19,447,463  
Semiconductors & Semiconductor Equipment – 0.0%

 

NVE Corp.

     3,486        286,340  
Specialized REITs – 1.5%      

Crown Castle, Inc.

     53,108        4,887,529  

CubeSmart

     17,067        650,765  

Digital Realty Trust, Inc.

     23,735        2,872,410  

EPR Properties

     6,255        259,833  

Extra Space Storage, Inc.

     16,982        2,064,672  

Four Corners Property Trust, Inc.

     9,380        208,142  

Gaming & Leisure Properties, Inc.

     19,255        877,065  

Iron Mountain, Inc.

     23,272        1,383,520  

Lamar Advertising Co., Class A

     7,550        630,199  

National Storage Affiliates Trust

     7,019        222,783  

Outfront Media, Inc.

     14,024        141,642  

PotlatchDeltic Corp.

     6,214        282,053  

Rayonier, Inc.

     10,411        296,297  

Safehold, Inc.

     1,466        26,095  

Uniti Group, Inc.

     5,125        24,190  

VICI Properties, Inc.

     82,032        2,387,131  
     

 

 

 
Total Specialized REITs

 

     17,214,326  
Specialty Retail – 1.0%

 

Aaron’s Co., Inc.

     21,028        220,163  

Advance Auto Parts, Inc.

     16,734        935,933  

Best Buy Co., Inc.

     54,150        3,761,800  

Big 5 Sporting Goods Corp.

     16,475        115,490  

Buckle, Inc.

     29,609        988,645  

Camping World Holdings, Inc., Class A

     33,008        673,693  

Foot Locker, Inc.

     32,050        556,068  

Gap, Inc.

     123,465        1,312,433  

Guess?, Inc.

     37,496        811,413  

Haverty Furniture Cos., Inc.

     11,348        326,595  

PetMed Express, Inc.

     15,765        161,591  

Upbound Group, Inc.

     41,113        1,210,778  
     

 

 

 
Total Specialty Retail

 

     11,074,602  
Technology Hardware, Storage & Peripherals – 0.6%

 

HP, Inc.

     199,633        5,130,568  

Xerox Holdings Corp.

     92,547        1,452,063  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     6,582,631  
Textiles, Apparel & Luxury Goods – 0.3%

 

Carter’s, Inc.

     19,618      1,356,585  

Kontoor Brands, Inc.

     29,899        1,312,865  

Movado Group, Inc.

     11,134        304,515  

Wolverine World Wide, Inc.

     58,034        467,754  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     3,441,719  
Tobacco – 8.3%

 

Altria Group, Inc.

     1,025,329        43,115,085  

Philip Morris International, Inc.

     543,373        50,305,472  

Universal Corp.

     18,228        860,544  

Vector Group Ltd.

     111,113        1,182,242  
     

 

 

 
Total Tobacco

 

     95,463,343  
Trading Companies & Distributors – 0.6%

 

MSC Industrial Direct Co., Inc., Class A

     22,530        2,211,320  

Watsco, Inc.(a)

     11,417        4,312,429  
     

 

 

 
Total Trading Companies & Distributors

 

     6,523,749  
Wireless Telecommunication Services – 0.1%

 

Telephone & Data Systems, Inc.

     78,137        1,430,688  
Total United States

 

     1,149,574,027  
Puerto Rico – 0.1%

 

Banks – 0.1%

 

First Bancorp

     100,281        1,349,782  
TOTAL COMMON STOCKS
(Cost: $1,229,779,554)

 

     1,150,923,809  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

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

     
(Cost: $848,268)      848,268        848,268  
TOTAL INVESTMENTS IN SECURITIES – 99.7%
(Cost: $1,230,627,822)

 

     1,151,772,077  

Other Assets less Liabilities – 0.3%

 

     2,968,537  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,154,740,614  
(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 $23,792,295 and the total market value of the collateral held by the Fund was $24,465,634. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $23,617,366.

 

(b) 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. High Dividend Fund (DHS)

September 30, 2023

 

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 September 30, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
   

Change in
Unrealized
Appreciation/

Depreciation

    Value at
9/30/2023
    Dividend
Income
 

WisdomTree U.S. Total Dividend Fund^

  $ 70,042     $ 4,810,835     $ 4,896,348     $ 22,274     $ (6,803   $     $ 14,061  
^ 

As of September 30, 2023, the Fund did not hold a position in this affiliate.

 

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

   $ 1,150,923,809      $      $      $ 1,150,923,809  

Investment of Cash Collateral for Securities Loaned

            848,268               848,268  

Total Investments in Securities

   $ 1,150,923,809      $ 848,268      $      $ 1,151,772,077  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.8%

 

Aerospace & Defense – 1.5%

 

General Dynamics Corp.

     32,958      $ 7,282,729  

HEICO Corp.

     4,563        738,887  

L3Harris Technologies, Inc.

     21,406        3,727,213  

Lockheed Martin Corp.

     54,517        22,295,272  

Northrop Grumman Corp.

     11,150        4,908,118  

RTX Corp.

     181,074        13,031,896  
     

 

 

 
Total Aerospace & Defense

 

     51,984,115  
Air Freight & Logistics – 1.3%

 

Expeditors International of Washington, Inc.

     15,095        1,730,340  

FedEx Corp.

     38,439        10,183,260  

United Parcel Service, Inc., Class B

     208,415        32,485,646  
     

 

 

 
Total Air Freight & Logistics

 

     44,399,246  
Automobiles – 0.4%

 

Ford Motor Co.

     993,534        12,339,692  

General Motors Co.

     77,849        2,566,682  
     

 

 

 
Total Automobiles

 

     14,906,374  
Banks – 6.1%

 

Bank of America Corp.

     1,166,767        31,946,081  

Citigroup, Inc.

     491,035        20,196,270  

Citizens Financial Group, Inc.

     116,169        3,113,329  

Fifth Third Bancorp

     151,674        3,841,902  

Huntington Bancshares, Inc.

     344,869        3,586,638  

JPMorgan Chase & Co.

     506,239        73,414,780  

KeyCorp

     242,926        2,613,884  

M&T Bank Corp.

     29,456        3,724,711  

PNC Financial Services Group, Inc.

     88,522        10,867,846  

Regions Financial Corp.

     200,712        3,452,246  

Truist Financial Corp.

     367,103        10,502,817  

U.S. Bancorp

     550,505        18,199,695  

Wells Fargo & Co.

     594,834        24,304,917  
     

 

 

 
Total Banks

 

     209,765,116  
Beverages – 3.5%

 

Brown-Forman Corp., Class B

     30,584        1,764,391  

Coca-Cola Co.

     1,019,866        57,092,099  

Constellation Brands, Inc., Class A

     13,675        3,436,938  

Keurig Dr Pepper, Inc.

     252,486        7,970,983  

PepsiCo, Inc.

     293,719        49,767,747  
     

 

 

 
Total Beverages

 

     120,032,158  
Biotechnology – 4.1%

 

AbbVie, Inc.

     544,010        81,090,131  

Amgen, Inc.

     122,881        33,025,497  

Gilead Sciences, Inc.

     353,501        26,491,365  
     

 

 

 
Total Biotechnology

 

     140,606,993  
Broadline Retail – 0.1%

 

eBay, Inc.

     61,658        2,718,501  
Building Products – 0.1%

 

Carrier Global Corp.

     60,819        3,357,209  
Capital Markets – 3.5%

 

Ameriprise Financial, Inc.

     13,926      4,591,124  

Bank of New York Mellon Corp.

     153,926        6,564,944  

BlackRock, Inc.

     23,288        15,055,459  

Charles Schwab Corp.

     109,093        5,989,206  

CME Group, Inc.

     45,286        9,067,163  

FactSet Research Systems, Inc.

     1,740        760,832  

Goldman Sachs Group, Inc.

     51,656        16,714,332  

Intercontinental Exchange, Inc.

     45,041        4,955,411  

LPL Financial Holdings, Inc.

     3,340        793,751  

Moody’s Corp.

     11,952        3,778,864  

Morgan Stanley

     330,280        26,973,967  

MSCI, Inc.

     4,365        2,239,594  

Nasdaq, Inc.

     49,269        2,393,981  

Northern Trust Corp.

     38,732        2,691,099  

Raymond James Financial, Inc.

     16,992        1,706,506  

S&P Global, Inc.

     17,509        6,397,964  

State Street Corp.

     69,128        4,628,811  

T Rowe Price Group, Inc.

     50,260        5,270,766  
     

 

 

 
Total Capital Markets

 

     120,573,774  
Chemicals – 1.2%

 

Air Products & Chemicals, Inc.

     25,637        7,265,526  

Albemarle Corp.(a)

     5,427        922,807  

CF Industries Holdings, Inc.

     23,709        2,032,810  

Corteva, Inc.

     43,942        2,248,073  

Dow, Inc.

     218,966        11,289,887  

DuPont de Nemours, Inc.

     54,877        4,093,275  

Ecolab, Inc.

     22,851        3,870,959  

FMC Corp.

     10,418        697,694  

Mosaic Co.

     22,472        800,003  

PPG Industries, Inc.

     25,333        3,288,223  

Sherwin-Williams Co.

     14,471        3,690,829  
     

 

 

 
Total Chemicals

 

     40,200,086  
Commercial Services & Supplies – 0.5%

 

Cintas Corp.

     8,668        4,169,395  

Republic Services, Inc.

     28,668        4,085,477  

Rollins, Inc.

     55,118        2,057,555  

Waste Management, Inc.

     53,497        8,155,082  
     

 

 

 
Total Commercial Services & Supplies

 

     18,467,509  
Communications Equipment – 1.8%

 

Cisco Systems, Inc.

     1,076,497        57,872,479  

Motorola Solutions, Inc.

     12,783        3,480,044  

Ubiquiti, Inc.(a)

     2,945        427,908  
     

 

 

 
Total Communications Equipment

 

     61,780,431  
Construction & Engineering – 0.0%

 

Quanta Services, Inc.

     6,392        1,195,751  
Construction Materials – 0.1%

 

Martin Marietta Materials, Inc.

     2,796        1,147,702  

Vulcan Materials Co.

     7,470        1,509,089  
     

 

 

 
Total Construction Materials

 

     2,656,791  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  
Consumer Finance – 0.6%

 

American Express Co.

     56,871      $ 8,484,585  

Capital One Financial Corp.

     53,329        5,175,579  

Discover Financial Services

     34,796        3,014,378  

Synchrony Financial

     68,474        2,093,250  
     

 

 

 
Total Consumer Finance

 

     18,767,792  
Consumer Staples Distribution & Retail – 2.3%

 

Costco Wholesale Corp.

     27,738        15,670,860  

Dollar General Corp.

     11,704        1,238,283  

Kroger Co.

     91,961        4,115,255  

Sysco Corp.

     96,275        6,358,964  

Target Corp.

     72,795        8,048,943  

Walgreens Boots Alliance, Inc.

     220,522        4,904,409  

Walmart, Inc.

     228,861        36,601,740  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     76,938,454  
Containers & Packaging – 0.0%

 

Avery Dennison Corp.

     7,273        1,328,559  
Distributors – 0.1%

 

Genuine Parts Co.

     23,242        3,355,680  
Diversified REITs – 0.1%

 

WP Carey, Inc.

     63,016        3,407,905  
Diversified Telecommunication Services – 1.0%

 

AT&T, Inc.

     2,388,094        35,869,172  
Electric Utilities – 3.3%

 

American Electric Power Co., Inc.

     152,786        11,492,563  

Avangrid, Inc.(a)

     90,100        2,718,317  

Constellation Energy Corp.

     15,668        1,709,065  

Duke Energy Corp.

     176,360        15,565,534  

Edison International

     93,695        5,929,956  

Entergy Corp.

     42,802        3,959,185  

Eversource Energy

     86,933        5,055,154  

Exelon Corp.

     181,804        6,870,373  

FirstEnergy Corp.

     184,384        6,302,245  

NextEra Energy, Inc.

     335,249        19,206,415  

PPL Corp.

     123,557        2,911,003  

Southern Co.

     372,573        24,112,925  

Xcel Energy, Inc.

     129,317        7,399,519  
     

 

 

 
Total Electric Utilities

 

     113,232,254  
Electrical Equipment – 0.4%

 

AMETEK, Inc.

     12,168        1,797,944  

Emerson Electric Co.

     77,255        7,460,515  

Rockwell Automation, Inc.

     11,247        3,215,180  
     

 

 

 
Total Electrical Equipment

 

     12,473,639  
Electronic Equipment, Instruments & Components – 0.3%

 

Amphenol Corp., Class A

     52,304        4,393,013  

CDW Corp.

     9,707        1,958,484  

Corning, Inc.

     154,480        4,707,006  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     11,058,503  
Energy Equipment & Services – 0.2%

 

Baker Hughes Co.

     159,076        5,618,564  

Halliburton Co.

     63,229        2,560,775  
     

 

 

 
Total Energy Equipment & Services

 

     8,179,339  
Entertainment – 0.1%

 

Electronic Arts, Inc.

     14,376      1,730,870  
Financial Services – 1.7%

 

Apollo Global Management, Inc.

     78,840        7,076,678  

Fidelity National Information Services, Inc.

     88,293        4,879,954  

Global Payments, Inc.

     17,095        1,972,592  

Mastercard, Inc., Class A

     44,739        17,712,618  

Visa, Inc., Class A

     116,611        26,821,696  
     

 

 

 
Total Financial Services

 

     58,463,538  
Food Products – 1.7%

 

Archer-Daniels-Midland Co.

     60,716        4,579,201  

Campbell Soup Co.

     45,450        1,867,086  

Conagra Brands, Inc.

     91,436        2,507,175  

General Mills, Inc.

     125,913        8,057,173  

Hershey Co.

     21,857        4,373,149  

Hormel Foods Corp.

     70,092        2,665,599  

J M Smucker Co.

     15,159        1,863,193  

Kellogg Co.

     90,103        5,362,029  

Kraft Heinz Co.

     277,949        9,350,204  

McCormick & Co., Inc., Non-Voting Shares

     28,749        2,174,574  

Mondelez International, Inc., Class A

     176,098        12,221,201  

Tyson Foods, Inc., Class A

     49,502        2,499,356  
     

 

 

 
Total Food Products

 

     57,519,940  
Gas Utilities – 0.1%

 

Atmos Energy Corp.

     19,599        2,076,122  
Ground Transportation – 1.3%

 

CSX Corp.

     228,016        7,011,492  

JB Hunt Transport Services, Inc.

     7,154        1,348,672  

Norfolk Southern Corp.

     38,937        7,667,863  

Old Dominion Freight Line, Inc.

     4,913        2,010,105  

Union Pacific Corp.

     129,471        26,364,180  
     

 

 

 
Total Ground Transportation

 

     44,402,312  
Health Care Equipment & Supplies – 1.2%

 

Abbott Laboratories

     262,896        25,461,477  

Becton Dickinson & Co.

     23,857        6,167,750  

ResMed, Inc.

     7,023        1,038,491  

Stryker Corp.

     25,384        6,936,686  

Zimmer Biomet Holdings, Inc.

     9,508        1,066,988  
     

 

 

 
Total Health Care Equipment & Supplies

 

     40,671,392  
Health Care Providers & Services – 3.0%

 

Cardinal Health, Inc.

     36,009        3,126,301  

Cencora, Inc.

     15,475        2,785,036  

Cigna Group

     35,109        10,043,631  

CVS Health Corp.

     240,590        16,797,994  

Elevance Health, Inc.

     20,108        8,755,425  

HCA Healthcare, Inc.

     14,713        3,619,104  

Humana, Inc.

     6,264        3,047,561  

Laboratory Corp. of America Holdings

     5,816        1,169,307  

McKesson Corp.

     6,281        2,731,293  

Quest Diagnostics, Inc.

     12,759        1,554,812  

UnitedHealth Group, Inc.

     97,893        49,356,672  
     

 

 

 
Total Health Care Providers & Services

 

     102,987,136  

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  
Health Care REITs – 0.3%

 

Ventas, Inc.

     90,143      $ 3,797,725  

Welltower, Inc.

     92,723        7,595,868  
     

 

 

 
Total Health Care REITs

 

     11,393,593  
Hotels, Restaurants & Leisure – 1.9%

 

Darden Restaurants, Inc.

     35,233        5,046,070  

Hilton Worldwide Holdings, Inc.

     12,429        1,866,587  

Marriott International, Inc., Class A

     25,737        5,058,865  

McDonald’s Corp.

     139,283        36,692,713  

Starbucks Corp.

     133,111        12,149,041  

Yum! Brands, Inc.

     42,986        5,370,671  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     66,183,947  
Household Durables – 0.2%

 

DR Horton, Inc.

     23,710        2,548,114  

Lennar Corp., Class A

     28,361        3,182,955  
     

 

 

 
Total Household Durables

 

     5,731,069  
Household Products – 2.1%

 

Church & Dwight Co., Inc.

     19,462        1,783,303  

Clorox Co.

     22,345        2,928,536  

Colgate-Palmolive Co.

     174,366        12,399,166  

Kimberly-Clark Corp.

     65,067        7,863,347  

Procter & Gamble Co.

     329,054        47,995,816  
     

 

 

 
Total Household Products

 

     72,970,168  
Independent Power & Renewable Electricity Producers – 0.0%

 

AES Corp.

     80,458        1,222,962  
Industrial Conglomerates – 1.0%

 

3M Co.

     147,214        13,782,175  

General Electric Co.

     49,373        5,458,185  

Honeywell International, Inc.

     72,886        13,464,959  
     

 

 

 
Total Industrial Conglomerates

 

     32,705,319  
Industrial REITs – 0.5%

 

Prologis, Inc.

     144,675        16,233,982  
Insurance – 2.2%

 

Aflac, Inc.

     123,275        9,461,356  

Allstate Corp.

     39,027        4,347,998  

American International Group, Inc.

     130,896        7,932,298  

Arthur J Gallagher & Co.

     14,640        3,336,895  

Brown & Brown, Inc.

     13,273        926,986  

Cincinnati Financial Corp.

     21,237        2,172,333  

Hartford Financial Services Group, Inc.

     59,576        4,224,534  

Marsh & McLennan Cos., Inc.

     57,937        11,025,411  

MetLife, Inc.

     127,616        8,028,323  

Principal Financial Group, Inc.

     58,320        4,203,122  

Progressive Corp.

     25,146        3,502,838  

Prudential Financial, Inc.

     95,418        9,054,214  

Travelers Cos., Inc.

     38,935        6,358,475  

W R Berkley Corp.

     13,483        856,036  
     

 

 

 
Total Insurance

 

     75,430,819  
IT Services – 1.0%

 

Cognizant Technology Solutions Corp., Class A

     52,075        3,527,561  

International Business Machines Corp.

     228,907        32,115,652  
     

 

 

 
Total IT Services

 

     35,643,213  
Life Sciences Tools & Services – 0.6%

 

Agilent Technologies, Inc.

     16,537      1,849,167  

Danaher Corp.

     32,842        8,148,100  

Revvity, Inc.

     6,456        714,679  

Thermo Fisher Scientific, Inc.

     17,709        8,963,765  

West Pharmaceutical Services, Inc.

     3,503        1,314,361  
     

 

 

 
Total Life Sciences Tools & Services

 

     20,990,072  
Machinery – 2.1%

 

Caterpillar, Inc.

     91,124        24,876,852  

Cummins, Inc.

     21,847        4,991,166  

Deere & Co.

     18,191        6,864,920  

Dover Corp.

     14,932        2,083,163  

Fortive Corp.

     16,600        1,231,056  

IDEX Corp.

     6,136        1,276,411  

Illinois Tool Works, Inc.

     60,897        14,025,188  

Ingersoll Rand, Inc.

     15,289        974,215  

Otis Worldwide Corp.

     51,230        4,114,281  

PACCAR, Inc.

     62,009        5,272,005  

Parker-Hannifin Corp.

     13,596        5,295,914  

Westinghouse Air Brake Technologies Corp.

     8,497        902,976  

Xylem, Inc.

     10,452        951,446  
     

 

 

 
Total Machinery

 

     72,859,593  
Media – 1.2%

 

Comcast Corp., Class A

     750,686        33,285,417  

Fox Corp., Class A

     48,247        1,505,306  

Omnicom Group, Inc.

     42,818        3,189,085  

Sirius XM Holdings, Inc.(a)

     524,084        2,368,860  
     

 

 

 
Total Media

 

     40,348,668  
Metals & Mining – 0.3%

 

Freeport-McMoRan, Inc.

     121,461        4,529,281  

Nucor Corp.

     30,498        4,768,362  

Steel Dynamics, Inc.

     17,258        1,850,403  
     

 

 

 
Total Metals & Mining

 

     11,148,046  
Multi-Utilities – 1.5%

 

Ameren Corp.

     40,027        2,995,220  

CenterPoint Energy, Inc.

     125,103        3,359,016  

CMS Energy Corp.

     49,995        2,655,235  

Consolidated Edison, Inc.

     97,970        8,379,374  

Dominion Energy, Inc.

     211,139        9,431,579  

DTE Energy Co.

     53,703        5,331,634  

Public Service Enterprise Group, Inc.

     103,457        5,887,738  

Sempra

     106,372        7,236,487  

WEC Energy Group, Inc.

     59,355        4,781,045  
     

 

 

 
Total Multi-Utilities

 

     50,057,328  
Office REITs – 0.1%

 

Alexandria Real Estate Equities, Inc.

     29,023        2,905,202  
Oil, Gas & Consumable Fuels – 11.3%

 

Cheniere Energy, Inc.

     18,690        3,101,792  

Chevron Corp.

     528,749        89,157,656  

ConocoPhillips

     181,473        21,740,465  

Coterra Energy, Inc.

     336,939        9,114,200  

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  

Devon Energy Corp.

     277,922      $ 13,256,879  

Diamondback Energy, Inc.

     62,581        9,692,545  

EOG Resources, Inc.

     122,913        15,580,452  

Exxon Mobil Corp.

     1,191,668        140,116,323  

Hess Corp.

     19,289        2,951,217  

Marathon Oil Corp.

     68,338        1,828,042  

Marathon Petroleum Corp.

     74,062        11,208,543  

Occidental Petroleum Corp.

     61,321        3,978,507  

Phillips 66

     98,363        11,818,314  

Pioneer Natural Resources Co.

     98,061        22,509,903  

Targa Resources Corp.

     22,815        1,955,702  

Texas Pacific Land Corp.(a)

     388        707,541  

Valero Energy Corp.

     104,988        14,877,850  

Williams Cos., Inc.

     343,766        11,581,477  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     385,177,408  
Personal Care Products – 0.1%

 

Estee Lauder Cos., Inc., Class A

     14,721        2,127,921  
Pharmaceuticals – 7.2%

 

Bristol-Myers Squibb Co.

     482,588        28,009,407  

Eli Lilly & Co.

     85,493        45,920,855  

Johnson & Johnson

     374,400        58,312,800  

Merck & Co., Inc.

     572,404        58,928,992  

Pfizer, Inc.

     1,504,806        49,914,415  

Zoetis, Inc.

     23,095        4,018,068  
     

 

 

 
Total Pharmaceuticals

 

     245,104,537  
Professional Services – 0.9%

 

Automatic Data Processing, Inc.

     66,367        15,966,573  

Broadridge Financial Solutions, Inc.

     13,634        2,441,168  

Equifax, Inc.

     6,053        1,108,789  

Jacobs Solutions, Inc.

     5,597        763,990  

Paychex, Inc.

     78,654        9,071,166  

Verisk Analytics, Inc.

     9,055        2,139,153  
     

 

 

 
Total Professional Services

 

     31,490,839  
Residential REITs – 0.6%

 

AvalonBay Communities, Inc.

     29,862        5,128,500  

Equity Residential

     86,205        5,061,096  

Invitation Homes, Inc.

     97,133        3,078,145  

Mid-America Apartment Communities, Inc.

     31,840        4,096,216  

Sun Communities, Inc.

     17,475        2,067,991  
     

 

 

 
Total Residential REITs

 

     19,431,948  
Retail REITs – 0.7%

 

Realty Income Corp.

     169,803        8,479,962  

Simon Property Group, Inc.

     133,128        14,381,818  
     

 

 

 
Total Retail REITs

 

     22,861,780  
Semiconductors & Semiconductor Equipment – 5.4%

 

Analog Devices, Inc.

     52,689        9,225,317  

Applied Materials, Inc.

     48,038        6,650,861  

Broadcom, Inc.

     70,861        58,855,729  

KLA Corp.

     10,767        4,938,392  

Lam Research Corp.

     11,902        7,459,817  

Microchip Technology, Inc.

     51,770        4,040,648  

Micron Technology, Inc.

     54,547      3,710,832  

Monolithic Power Systems, Inc.

     2,683        1,239,546  

NVIDIA Corp.

     112,610        48,984,224  

QUALCOMM, Inc.

     154,330        17,139,890  

Texas Instruments, Inc.

     143,864        22,875,815  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     185,121,071  
Software – 5.3%

 

Intuit, Inc.

     12,987        6,635,578  

Microsoft Corp.

     458,896        144,896,412  

Oracle Corp.

     246,155        26,072,737  

Roper Technologies, Inc.

     4,957        2,400,576  
     

 

 

 
Total Software

 

     180,005,303  
Specialized REITs – 2.0%

 

American Tower Corp.

     71,820        11,810,799  

Crown Castle, Inc.

     109,848        10,109,312  

Digital Realty Trust, Inc.

     72,836        8,814,613  

Equinix, Inc.

     9,469        6,876,956  

Extra Space Storage, Inc.

     27,980        3,401,808  

Iron Mountain, Inc.

     75,527        4,490,080  

Public Storage

     40,995        10,803,002  

SBA Communications Corp.

     6,286        1,258,269  

VICI Properties, Inc.

     265,784        7,734,314  

Weyerhaeuser Co.

     94,636        2,901,540  
     

 

 

 
Total Specialized REITs

 

     68,200,693  
Specialty Retail – 2.1%

 

Best Buy Co., Inc.

     52,066        3,617,025  

Home Depot, Inc.

     137,283        41,481,431  

Lowe’s Cos., Inc.

     70,240        14,598,682  

Ross Stores, Inc.

     21,454        2,423,229  

TJX Cos., Inc.

     97,470        8,663,134  

Tractor Supply Co.(a)

     10,215        2,074,156  
     

 

 

 
Total Specialty Retail

 

     72,857,657  
Technology Hardware, Storage & Peripherals – 4.5%

 

Apple, Inc.

     847,814        145,154,235  

Hewlett Packard Enterprise Co.

     227,891        3,958,466  

HP, Inc.

     204,121        5,245,910  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     154,358,611  
Textiles, Apparel & Luxury Goods – 0.2%

 

NIKE, Inc., Class B

     88,888        8,499,471  
Tobacco – 2.5%

 

Altria Group, Inc.

     712,315        29,952,846  

Philip Morris International, Inc.

     601,968        55,730,197  
     

 

 

 
Total Tobacco

 

     85,683,043  
Trading Companies & Distributors – 0.3%

 

Fastenal Co.

     118,623        6,481,561  

WW Grainger, Inc.

     4,969        3,437,753  
     

 

 

 
Total Trading Companies & Distributors

 

     9,919,314  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. LargeCap Dividend Fund (DLN)

September 30, 2023

 

 

 

Investments    Shares      Value  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     18,727      $ 2,318,964  
TOTAL COMMON STOCKS
(Cost: $2,818,261,891)

 

     3,414,089,202  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree U.S. Total Dividend Fund(b)
(Cost: $61,356)
     1,000        60,170  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

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

     
(Cost: $2,861,449)      2,861,449        2,861,449  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $2,821,184,696)

 

     3,417,010,821  

Other Assets less Liabilities – 0.1%

 

     3,607,761  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 3,420,618,582  

 

(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 $7,884,167 and the total market value of the collateral held by the Fund was $8,145,538. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,284,089.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

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

 

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 September 30, 2023 were as follows:

 

Affiliate   Value at
3/31/2023
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2023
    Dividend
Income
 

WisdomTree U.S. Total Dividend Fund

  $ 3,180,975     $ 13,171,222     $ 16,256,300     $ (1,256   $ (34,471   $ 60,170     $ 45,722  

 

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

   $ 3,414,089,202      $      $      $ 3,414,089,202  

Exchange-Traded Fund

     60,170                      60,170  

Investment of Cash Collateral for Securities Loaned

            2,861,449               2,861,449  

Total Investments in Securities

   $ 3,414,149,372      $ 2,861,449      $      $ 3,417,010,821  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.8%

 

Aerospace & Defense – 1.0%

 

Axon Enterprise, Inc.*

     577      $ 114,817  

General Dynamics Corp.

     4,315        953,486  

HEICO Corp.

     928        150,271  

Howmet Aerospace, Inc.

     4,012        185,555  

L3Harris Technologies, Inc.

     3,421        595,664  

Lockheed Martin Corp.

     3,845        1,572,451  

Northrop Grumman Corp.

     2,257        993,509  

RTX Corp.

     21,597        1,554,336  

Textron, Inc.

     3,734        291,775  

TransDigm Group, Inc.*

     506        426,624  
     

 

 

 
Total Aerospace & Defense

 

     6,838,488  
Air Freight & Logistics – 0.9%

 

CH Robinson Worldwide, Inc.

     3,336        287,330  

Expeditors International of Washington, Inc.

     4,427        507,467  

FedEx Corp.

     9,309        2,466,140  

United Parcel Service, Inc., Class B

     19,356        3,017,020  
     

 

 

 
Total Air Freight & Logistics

 

     6,277,957  
Automobile Components – 0.1%

 

BorgWarner, Inc.

     7,548        304,713  

Phinia, Inc.

     1,511        40,479  
     

 

 

 
Total Automobile Components

 

     345,192  
Automobiles – 1.5%

 

Ford Motor Co.

     148,936        1,849,785  

General Motors Co.

     78,864        2,600,146  

Tesla, Inc.*

     22,230        5,562,391  
     

 

 

 
Total Automobiles

 

     10,012,322  
Banks – 5.1%

 

Bank of America Corp.

     236,251        6,468,552  

Citigroup, Inc.

     99,086        4,075,407  

Citizens Financial Group, Inc.

     13,638        365,498  

East West Bancorp, Inc.

     5,572        293,700  

Fifth Third Bancorp

     21,302        539,580  

First Citizens BancShares, Inc., Class A

     380        524,438  

Huntington Bancshares, Inc.

     44,419        461,958  

JPMorgan Chase & Co.

     84,096        12,195,602  

KeyCorp

     32,465        349,323  

M&T Bank Corp.

     3,109        393,133  

PNC Financial Services Group, Inc.

     10,970        1,346,787  

Regions Financial Corp.

     30,742        528,763  

Truist Financial Corp.

     42,808        1,224,737  

U.S. Bancorp

     44,672        1,476,856  

Wells Fargo & Co.

     107,044        4,373,818  
     

 

 

 
Total Banks

 

     34,618,152  
Beverages – 1.2%

 

Brown-Forman Corp., Class B

     4,033        232,664  

Coca-Cola Co.

     51,396        2,877,148  

Constellation Brands, Inc., Class A

     2,780        698,697  

Keurig Dr Pepper, Inc.

     19,082        602,419  

Molson Coors Beverage Co., Class B

     4,286        272,547  

Monster Beverage Corp.*

     8,444      447,110  

PepsiCo, Inc.

     15,940        2,700,873  
     

 

 

 
Total Beverages

 

     7,831,458  
Biotechnology – 2.8%

 

AbbVie, Inc.

     45,839        6,832,761  

Amgen, Inc.

     10,940        2,940,234  

Biogen, Inc.*

     2,676        687,759  

BioMarin Pharmaceutical, Inc.*

     1,094        96,797  

Gilead Sciences, Inc.

     28,502        2,135,940  

Incyte Corp.*

     3,045        175,910  

Moderna, Inc.*

     20,252        2,091,829  

Neurocrine Biosciences, Inc.*

     641        72,113  

Regeneron Pharmaceuticals, Inc.*

     2,648        2,179,198  

Seagen, Inc.*

     1,244        263,915  

United Therapeutics Corp.*

     824        186,117  

Vertex Pharmaceuticals, Inc.*

     3,783        1,315,500  
     

 

 

 
Total Biotechnology

 

     18,978,073  
Broadline Retail – 1.4%

 

Amazon.com, Inc.*

     69,135        8,788,441  

eBay, Inc.

     17,466        770,076  
     

 

 

 
Total Broadline Retail

 

     9,558,517  
Building Products – 0.2%

 

Carlisle Cos., Inc.

     1,200        311,112  

Carrier Global Corp.

     14,993        827,614  

Masco Corp.

     5,720        305,734  
     

 

 

 
Total Building Products

 

     1,444,460  
Capital Markets – 3.0%

 

Ameriprise Financial, Inc.

     2,638        869,696  

Bank of New York Mellon Corp.

     16,167        689,523  

BlackRock, Inc.

     2,474        1,599,416  

Cboe Global Markets, Inc.

     1,793        280,084  

Charles Schwab Corp.

     27,284        1,497,892  

CME Group, Inc.

     4,935        988,086  

FactSet Research Systems, Inc.

     370        161,786  

Franklin Resources, Inc.

     21,252        522,374  

Goldman Sachs Group, Inc.

     11,447        3,703,906  

Intercontinental Exchange, Inc.

     9,190        1,011,084  

LPL Financial Holdings, Inc.

     1,014        240,977  

MarketAxess Holdings, Inc.

     409        87,379  

Moody’s Corp.

     2,069        654,156  

Morgan Stanley

     43,106        3,520,467  

Morningstar, Inc.

     274        64,182  

MSCI, Inc.

     666        341,711  

Nasdaq, Inc.

     6,267        304,513  

Northern Trust Corp.

     5,805        403,331  

Raymond James Financial, Inc.

     4,221        423,915  

S&P Global, Inc.

     3,257        1,190,140  

State Street Corp.

     11,568        774,593  

T Rowe Price Group, Inc.

     5,026        527,077  
     

 

 

 
Total Capital Markets

 

     19,856,288  
Chemicals – 1.4%

 

Air Products & Chemicals, Inc.

     2,350        665,990  

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Albemarle Corp.

     1,982      $ 337,019  

Celanese Corp.

     5,997        752,743  

CF Industries Holdings, Inc.

     9,874        846,597  

Corteva, Inc.

     9,447        483,309  

Dow, Inc.

     34,071        1,756,701  

DuPont de Nemours, Inc.

     7,741        577,401  

Eastman Chemical Co.

     4,479        343,629  

Ecolab, Inc.

     2,965        502,271  

FMC Corp.

     2,268        151,888  

Mosaic Co.

     19,592        697,475  

PPG Industries, Inc.

     3,529        458,064  

RPM International, Inc.

     1,664        157,764  

Sherwin-Williams Co.

     2,717        692,971  

Westlake Corp.

     6,892        859,226  
     

 

 

 
Total Chemicals

 

     9,283,048  
Commercial Services & Supplies – 0.3%

 

Cintas Corp.

     822        395,390  

Copart, Inc.*

     10,502        452,531  

Republic Services, Inc.

     3,426        488,239  

Rollins, Inc.

     3,616        134,986  

Waste Management, Inc.

     4,250        647,870  
     

 

 

 
Total Commercial Services & Supplies

 

     2,119,016  
Communications Equipment – 0.9%

 

Arista Networks, Inc.*

     3,130        575,701  

Cisco Systems, Inc.

     88,902        4,779,372  

Juniper Networks, Inc.

     6,889        191,445  

Motorola Solutions, Inc.

     2,085        567,620  

Ubiquiti, Inc.

     557        80,932  
     

 

 

 
Total Communications Equipment

 

     6,195,070  
Construction & Engineering – 0.1%

 

AECOM

     1,562        129,708  

Quanta Services, Inc.

     1,640        306,795  

WillScot Mobile Mini Holdings Corp.*

     1,808        75,195  
     

 

 

 
Total Construction & Engineering

 

     511,698  
Construction Materials – 0.1%

 

Martin Marietta Materials, Inc.

     725        297,598  

Vulcan Materials Co.

     1,359        274,545  
     

 

 

 
Total Construction Materials

 

     572,143  
Consumer Finance – 0.9%

 

American Express Co.

     15,081        2,249,934  

Capital One Financial Corp.

     22,350        2,169,068  

Discover Financial Services

     13,161        1,140,138  

Synchrony Financial

     23,599        721,421  
     

 

 

 
Total Consumer Finance

 

     6,280,561  
Consumer Staples Distribution & Retail – 1.8%

 

Albertsons Cos., Inc., Class A

     24,725        562,494  

BJ’s Wholesale Club Holdings, Inc.*

     2,162        154,302  

Costco Wholesale Corp.

     3,804        2,149,108  

Dollar General Corp.

     3,009        318,352  

Dollar Tree, Inc.*

     3,546        377,471  

Kroger Co.

     19,800        886,050  

Sysco Corp.

     6,455      426,353  

Target Corp.

     6,598        729,541  

Walgreens Boots Alliance, Inc.

     30,812        685,259  

Walmart, Inc.

     35,178        5,626,017  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     11,914,947  
Containers & Packaging – 0.2%

 

Avery Dennison Corp.

     1,285        234,731  

International Paper Co.

     12,740        451,888  

Packaging Corp. of America

     2,417        371,130  
     

 

 

 
Total Containers & Packaging

 

     1,057,749  
Distributors – 0.1%

 

Genuine Parts Co.

     2,208        318,791  

LKQ Corp.

     6,360        314,884  

Pool Corp.

     799        284,524  
     

 

 

 
Total Distributors

 

     918,199  
Diversified Consumer Services – 0.0%

 

Service Corp. International

     2,411        137,765  
Diversified REITs – 0.0%

 

WP Carey, Inc.

     1,621        87,664  
Diversified Telecommunication Services – 1.6%

 

AT&T, Inc.

     335,783        5,043,461  

Verizon Communications, Inc.

     186,404        6,041,353  
     

 

 

 
Total Diversified Telecommunication Services

 

     11,084,814  
Electric Utilities – 1.4%

 

Alliant Energy Corp.

     4,133        200,244  

American Electric Power Co., Inc.

     8,981        675,551  

Avangrid, Inc.

     7,098        214,147  

Constellation Energy Corp.

     2,371        258,629  

Duke Energy Corp.

     12,029        1,061,680  

Edison International

     8,465        535,750  

Entergy Corp.

     3,759        347,707  

Evergy, Inc.

     4,629        234,690  

Eversource Energy

     4,650        270,397  

Exelon Corp.

     20,137        760,977  

FirstEnergy Corp.

     10,761        367,811  

NextEra Energy, Inc.

     20,006        1,146,144  

NRG Energy, Inc.

     12,762        491,592  

PG&E Corp.*

     47,724        769,788  

PPL Corp.

     11,098        261,469  

Southern Co.

     18,860        1,220,619  

Xcel Energy, Inc.

     7,699        440,537  
     

 

 

 
Total Electric Utilities

 

     9,257,732  
Electrical Equipment – 0.3%

 

AMETEK, Inc.

     2,828        417,865  

Emerson Electric Co.

     10,270        991,774  

Hubbell, Inc.

     614        192,434  

Rockwell Automation, Inc.

     1,388        396,787  
     

 

 

 
Total Electrical Equipment

 

     1,998,860  
Electronic Equipment, Instruments & Components – 0.5%

 

Amphenol Corp., Class A

     8,135        683,259  

CDW Corp.

     2,255        454,969  

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Corning, Inc.

     16,728      $ 509,702  

Jabil, Inc.

     4,889        620,365  

Keysight Technologies, Inc.*

     2,538        335,803  

TD SYNNEX Corp.

     3,640        363,490  

Teledyne Technologies, Inc.*

     543        221,859  

Trimble, Inc.*

     2,791        150,323  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,339,770  
Energy Equipment & Services – 0.1%

 

Baker Hughes Co.

     8,774        309,898  

Halliburton Co.

     14,197        574,978  
     

 

 

 
Total Energy Equipment & Services

 

     884,876  
Entertainment – 0.9%

 

Activision Blizzard, Inc.

     9,963        932,836  

Atlanta Braves Holdings, Inc., Class C*

     46        1,643  

Electronic Arts, Inc.

     4,230        509,292  

Liberty Media Corp.-Liberty Formula One, Class C*

     1,602        99,805  

Liberty Media Corp.-Liberty Live, Class C*

     68        2,183  

Live Nation Entertainment, Inc.*

     1,978        164,253  

Netflix, Inc.*

     7,164        2,705,126  

Walt Disney Co.*

     20,696        1,677,411  
     

 

 

 
Total Entertainment

 

     6,092,549  
Financial Services – 3.6%

 

Berkshire Hathaway, Inc., Class B*

     31,419        11,006,076  

Equitable Holdings, Inc.

     19,895        564,819  

Fidelity National Information Services, Inc.

     18,277        1,010,170  

Fiserv, Inc.*

     11,874        1,341,287  

FleetCor Technologies, Inc.*

     1,539        392,968  

Global Payments, Inc.

     8,028        926,351  

Jack Henry & Associates, Inc.

     718        108,518  

Mastercard, Inc., Class A

     9,007        3,565,961  

Visa, Inc., Class A

     23,771        5,467,568  
     

 

 

 
Total Financial Services

 

     24,383,718  
Food Products – 1.0%

 

Archer-Daniels-Midland Co.

     14,475        1,091,705  

Campbell Soup Co.

     5,092        209,179  

Conagra Brands, Inc.

     9,375        257,063  

Darling Ingredients, Inc.*

     3,728        194,602  

General Mills, Inc.

     9,546        610,849  

Hershey Co.

     2,310        462,185  

Hormel Foods Corp.

     6,042        229,777  

J M Smucker Co.

     1,948        239,429  

Kellogg Co.

     6,140        365,391  

Kraft Heinz Co.

     26,802        901,619  

Lamb Weston Holdings, Inc.

     1,390        128,519  

McCormick & Co., Inc., Non-Voting Shares

     2,293        173,443  

Mondelez International, Inc., Class A

     19,616        1,361,350  

Tyson Foods, Inc., Class A

     15,005        757,602  
     

 

 

 
Total Food Products

 

     6,982,713  
Gas Utilities – 0.0%

 

Atmos Energy Corp.

     2,119        224,466  
Ground Transportation – 0.8%

 

CSX Corp.

     41,239      1,268,099  

JB Hunt Transport Services, Inc.

     1,712        322,746  

Norfolk Southern Corp.

     4,163        819,820  

Old Dominion Freight Line, Inc.

     1,430        585,070  

Union Pacific Corp.

     10,757        2,190,448  
     

 

 

 
Total Ground Transportation

 

     5,186,183  
Health Care Equipment & Supplies – 1.5%

 

Abbott Laboratories

     30,096        2,914,797  

Align Technology, Inc.*

     1,271        388,062  

Becton Dickinson & Co.

     4,400        1,137,532  

Boston Scientific Corp.*

     17,374        917,347  

Cooper Cos., Inc.

     635        201,936  

Dexcom, Inc.*

     2,316        216,083  

Edwards Lifesciences Corp.*

     6,572        455,308  

GE HealthCare Technologies, Inc.

     3,221        219,157  

Hologic, Inc.*

     6,462        448,463  

IDEXX Laboratories, Inc.*

     658        287,724  

Insulet Corp.*

     529        84,370  

Intuitive Surgical, Inc.*

     2,086        609,717  

ResMed, Inc.

     1,326        196,076  

Stryker Corp.

     4,374        1,195,283  

Teleflex, Inc.

     798        156,735  

Zimmer Biomet Holdings, Inc.

     3,786        424,865  
     

 

 

 
Total Health Care Equipment & Supplies

 

     9,853,455  
Health Care Providers & Services – 2.9%

 

Cardinal Health, Inc.

     5,613        487,321  

Cencora, Inc.

     4,393        790,608  

Centene Corp.*

     12,230        842,402  

Cigna Group

     6,979        1,996,483  

CVS Health Corp.

     35,303        2,464,855  

Elevance Health, Inc.

     4,236        1,844,439  

HCA Healthcare, Inc.

     6,808        1,674,632  

Henry Schein, Inc.*

     2,457        182,432  

Humana, Inc.

     1,767        859,681  

Laboratory Corp. of America Holdings

     2,561        514,889  

McKesson Corp.

     2,929        1,273,676  

Molina Healthcare, Inc.*

     846        277,395  

Quest Diagnostics, Inc.

     2,968        361,680  

UnitedHealth Group, Inc.

     11,863        5,981,206  
     

 

 

 
Total Health Care Providers & Services

 

     19,551,699  
Health Care REITs – 0.1%

 

Healthpeak Properties, Inc.

     4,511        82,822  

Welltower, Inc.

     3,185        260,915  
     

 

 

 
Total Health Care REITs

 

     343,737  
Health Care Technology – 0.0%

 

Veeva Systems, Inc., Class A*

     1,408        286,458  
Hotel & Resort REITs – 0.0%

 

Host Hotels & Resorts, Inc.

     13,822        222,120  
Hotels, Restaurants & Leisure – 1.3%

 

Airbnb, Inc., Class A*

     5,348        733,799  

Aramark

     2,482        86,125  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Booking Holdings, Inc.*

     578      $ 1,782,523  

Chipotle Mexican Grill, Inc.*

     203        371,862  

Darden Restaurants, Inc.

     2,077        297,468  

Domino’s Pizza, Inc.

     433        164,016  

Expedia Group, Inc.*

     3,764        387,956  

Hilton Worldwide Holdings, Inc.

     2,638        396,175  

Marriott International, Inc., Class A

     3,879        762,456  

McDonald’s Corp.

     8,371        2,205,256  

Starbucks Corp.

     9,837        897,823  

Vail Resorts, Inc.

     533        118,267  

Yum! Brands, Inc.

     3,022        377,569  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     8,581,295  
Household Durables – 0.8%

 

DR Horton, Inc.

     18,749        2,014,955  

Lennar Corp., Class A

     15,250        1,711,508  

NVR, Inc.*

     104        620,183  

PulteGroup, Inc.

     12,622        934,659  
     

 

 

 
Total Household Durables

 

     5,281,305  
Household Products – 0.9%

 

Church & Dwight Co., Inc.

     3,018        276,539  

Clorox Co.

     1,138        149,146  

Colgate-Palmolive Co.

     9,539        678,318  

Kimberly-Clark Corp.

     4,210        508,779  

Procter & Gamble Co.

     30,244        4,411,390  
     

 

 

 
Total Household Products

 

     6,024,172  
Independent Power & Renewable Electricity Producers – 0.0%

 

AES Corp.

     12,836        195,107  
Industrial Conglomerates – 0.6%

 

3M Co.

     14,180        1,327,531  

General Electric Co.

     9,360        1,034,748  

Honeywell International, Inc.

     8,439        1,559,021  
     

 

 

 
Total Industrial Conglomerates

 

     3,921,300  
Industrial REITs – 0.2%

 

Prologis, Inc.

     11,588        1,300,290  

Rexford Industrial Realty, Inc.

     1,581        78,022  
     

 

 

 
Total Industrial REITs

 

     1,378,312  
Insurance – 2.0%

 

Aflac, Inc.

     17,026        1,306,745  

Allstate Corp.

     2,516        280,308  

American Financial Group, Inc.

     2,287        255,389  

American International Group, Inc.

     20,606        1,248,724  

Arthur J Gallagher & Co.

     2,130        485,491  

Brown & Brown, Inc.

     3,181        222,161  

Cincinnati Financial Corp.

     1,934        197,829  

CNA Financial Corp.

     7,790        306,536  

Erie Indemnity Co., Class A

     329        96,657  

Fidelity National Financial, Inc.

     15,148        625,612  

Globe Life, Inc.

     1,758        191,147  

Hartford Financial Services Group, Inc.

     10,383        736,259  

Loews Corp.

     5,269        333,580  

Markel Group, Inc.*

     314        462,362  

Marsh & McLennan Cos., Inc.

     6,078      1,156,643  

MetLife, Inc.

     26,981        1,697,375  

Principal Financial Group, Inc.

     6,696        482,581  

Progressive Corp.

     5,325        741,772  

Prudential Financial, Inc.

     11,484        1,089,717  

Travelers Cos., Inc.

     6,022        983,453  

W R Berkley Corp.

     4,230        268,563  
     

 

 

 
Total Insurance

 

     13,168,904  
Interactive Media & Services – 11.1%

 

Alphabet, Inc., Class A*

     299,514        39,194,402  

Match Group, Inc.*

     1,471        57,627  

Meta Platforms, Inc., Class A*

     117,424        35,251,859  

Pinterest, Inc., Class A*

     7,871        212,753  

Snap, Inc., Class A*

     1,933        17,223  

ZoomInfo Technologies, Inc.*

     4,530        74,292  
     

 

 

 
Total Interactive Media & Services

 

     74,808,156  
IT Services – 0.7%

 

Akamai Technologies, Inc.*

     3,041        323,988  

Cognizant Technology Solutions Corp., Class A

     12,962        878,046  

EPAM Systems, Inc.*

     530        135,516  

Gartner, Inc.*

     908        311,998  

GoDaddy, Inc., Class A*

     1,677        124,903  

International Business Machines Corp.

     17,345        2,433,503  

MongoDB, Inc.*

     503        173,968  

VeriSign, Inc.*

     1,017        205,973  
     

 

 

 
Total IT Services

 

     4,587,895  
Life Sciences Tools & Services – 1.1%

 

Agilent Technologies, Inc.

     3,219        359,949  

Avantor, Inc.*

     12,852        270,920  

Bruker Corp.

     1,794        111,766  

Charles River Laboratories International, Inc.*

     882        172,854  

Danaher Corp.

     9,367        2,323,953  

Fortrea Holdings, Inc.*

     2,561        73,219  

IQVIA Holdings, Inc.*

     2,878        566,247  

Mettler-Toledo International, Inc.*

     193        213,858  

Repligen Corp.*

     342        54,381  

Revvity, Inc.

     2,540        281,178  

Thermo Fisher Scientific, Inc.

     5,259        2,661,948  

Waters Corp.*

     601        164,800  

West Pharmaceutical Services, Inc.

     934        350,446  
     

 

 

 
Total Life Sciences Tools & Services

 

     7,605,519  
Machinery – 1.7%

 

AGCO Corp.

     1,906        225,442  

Caterpillar, Inc.

     9,206        2,513,238  

Cummins, Inc.

     3,001        685,608  

Deere & Co.

     5,170        1,951,055  

Dover Corp.

     2,891        403,323  

Fortive Corp.

     5,491        407,213  

Graco, Inc.

     2,000        145,760  

IDEX Corp.

     736        153,103  

Illinois Tool Works, Inc.

     3,554        818,522  

Ingersoll Rand, Inc.

     6,021        383,658  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Nordson Corp.

     706      $ 157,558  

Otis Worldwide Corp.

     5,376        431,746  

PACCAR, Inc.

     11,581        984,617  

Parker-Hannifin Corp.

     2,750        1,071,180  

Snap-on, Inc.

     1,023        260,926  

Toro Co.

     1,059        88,003  

Westinghouse Air Brake Technologies Corp.

     3,049        324,017  

Xylem, Inc.

     1,609        146,467  
     

 

 

 
Total Machinery

 

     11,151,436  
Media – 1.7%

 

Charter Communications, Inc., Class A*

     4,357        1,916,296  

Comcast Corp., Class A

     145,628        6,457,145  

Fox Corp., Class A

     16,505        514,956  

Interpublic Group of Cos., Inc.

     9,112        261,150  

Liberty Broadband Corp., Class C*

     6,153        561,892  

News Corp., Class A

     11,692        234,541  

Omnicom Group, Inc.

     5,639        419,993  

Paramount Global, Class B

     20,784        268,114  

Sirius XM Holdings, Inc.(a)

     55,154        249,296  

Trade Desk, Inc., Class A*

     3,665        286,420  
     

 

 

 
Total Media

 

     11,169,803  
Metals & Mining – 0.9%

 

Freeport-McMoRan, Inc.

     33,581        1,252,236  

Nucor Corp.

     13,889        2,171,545  

Reliance Steel & Aluminum Co.

     2,776        727,951  

Southern Copper Corp.

     13,384        1,007,681  

Steel Dynamics, Inc.

     9,351        1,002,614  
     

 

 

 
Total Metals & Mining

 

     6,162,027  
Multi-Utilities – 0.6%

 

Ameren Corp.

     3,502        262,055  

CenterPoint Energy, Inc.

     10,197        273,789  

CMS Energy Corp.

     4,174        221,681  

Consolidated Edison, Inc.

     5,672        485,126  

Dominion Energy, Inc.

     17,564        784,584  

DTE Energy Co.

     2,940        291,883  

NiSource, Inc.

     6,511        160,692  

Public Service Enterprise Group, Inc.

     8,069        459,207  

Sempra

     11,430        777,583  

WEC Energy Group, Inc.

     4,433        357,078  
     

 

 

 
Total Multi-Utilities

 

     4,073,678  
Office REITs – 0.1%

 

Alexandria Real Estate Equities, Inc.

     1,149        115,015  

Boston Properties, Inc.

     3,956        235,303  
     

 

 

 
Total Office REITs

 

     350,318  
Oil, Gas & Consumable Fuels – 9.3%

 

Antero Resources Corp.*

     15,325        388,949  

APA Corp.

     16,784        689,823  

Chesapeake Energy Corp.(a)

     6,620        570,843  

Chevron Corp.

     59,776        10,079,429  

ConocoPhillips

     43,879        5,256,704  

Coterra Energy, Inc.

     42,757        1,156,577  

Devon Energy Corp.

     24,897        1,187,587  

Diamondback Energy, Inc.

     8,722      1,350,863  

EOG Resources, Inc.

     18,649        2,363,947  

EQT Corp.

     10,126        410,913  

Exxon Mobil Corp.

     157,892        18,564,941  

Hess Corp.

     4,223        646,119  

HF Sinclair Corp.

     12,456        709,120  

Kinder Morgan, Inc.

     43,673        724,098  

Marathon Oil Corp.

     32,901        880,102  

Marathon Petroleum Corp.

     27,247        4,123,561  

New Fortress Energy, Inc.(a)

     2,171        71,166  

Occidental Petroleum Corp.

     43,548        2,825,394  

ONEOK, Inc.

     8,144        516,574  

Ovintiv, Inc.

     11,332        539,063  

Phillips 66

     24,801        2,979,840  

Pioneer Natural Resources Co.

     10,127        2,324,653  

Targa Resources Corp.

     1,671        143,238  

Valero Energy Corp.

     22,893        3,244,167  

Williams Cos., Inc.

     18,680        629,329  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     62,377,000  
Passenger Airlines – 0.1%

 

Delta Air Lines, Inc.

     10,907        403,559  

Southwest Airlines Co.

     8,520        230,636  
     

 

 

 
Total Passenger Airlines

 

     634,195  
Personal Care Products – 0.1%

 

Estee Lauder Cos., Inc., Class A

     3,128        452,152  
Pharmaceuticals – 4.2%

 

Bristol-Myers Squibb Co.

     64,759        3,758,612  

Eli Lilly & Co.

     6,398        3,436,557  

Johnson & Johnson

     46,541        7,248,761  

Merck & Co., Inc.

     54,764        5,637,954  

Pfizer, Inc.

     231,346        7,673,747  

Zoetis, Inc.

     4,605        801,178  
     

 

 

 
Total Pharmaceuticals

 

     28,556,809  
Professional Services – 0.5%

 

Automatic Data Processing, Inc.

     3,715        893,755  

Booz Allen Hamilton Holding Corp.

     1,664        181,825  

Broadridge Financial Solutions, Inc.

     1,675        299,909  

Ceridian HCM Holding, Inc.*

     987        66,968  

Equifax, Inc.

     1,549        283,746  

Jacobs Solutions, Inc.

     2,306        314,769  

Leidos Holdings, Inc.

     2,654        244,592  

Paychex, Inc.

     3,769        434,679  

Paycom Software, Inc.

     485        125,746  

Paylocity Holding Corp.*

     478        86,852  

SS&C Technologies Holdings, Inc.

     7,274        382,176  

Verisk Analytics, Inc.

     1,703        402,317  
     

 

 

 
Total Professional Services

 

     3,717,334  
Real Estate Management & Development – 0.1%

 

CBRE Group, Inc., Class A*

     8,549        631,429  

CoStar Group, Inc.*

     2,702        207,757  
     

 

 

 
Total Real Estate Management & Development

 

     839,186  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Residential REITs – 0.3%

 

American Homes 4 Rent, Class A

     2,752      $ 92,715  

AvalonBay Communities, Inc.

     2,368        406,680  

Camden Property Trust

     1,819        172,041  

Equity LifeStyle Properties, Inc.

     1,822        116,080  

Equity Residential

     6,230        365,763  

Essex Property Trust, Inc.

     722        153,129  

Invitation Homes, Inc.

     5,055        160,193  

Mid-America Apartment Communities, Inc.

     1,287        165,572  

Sun Communities, Inc.

     1,061        125,559  

UDR, Inc.

     3,194        113,930  
     

 

 

 
Total Residential REITs

 

     1,871,662  
Retail REITs – 0.1%

 

Kimco Realty Corp.

     4,095        72,031  

Realty Income Corp.

     4,237        211,596  

Regency Centers Corp.

     1,853        110,142  

Simon Property Group, Inc.

     5,260        568,238  
     

 

 

 
Total Retail REITs

 

     962,007  
Semiconductors & Semiconductor Equipment – 5.6%

 

Analog Devices, Inc.

     9,610        1,682,615  

Applied Materials, Inc.

     20,174        2,793,090  

Broadcom, Inc.

     8,884        7,378,873  

Enphase Energy, Inc.*

     871        104,651  

First Solar, Inc.*

     609        98,408  

KLA Corp.

     2,897        1,328,738  

Lam Research Corp.

     3,379        2,117,856  

Lattice Semiconductor Corp.*

     1,519        130,528  

Microchip Technology, Inc.

     13,087        1,021,440  

Micron Technology, Inc.

     54,331        3,696,138  

Monolithic Power Systems, Inc.

     415        191,730  

NVIDIA Corp.

     17,969        7,816,335  

ON Semiconductor Corp.*

     10,159        944,279  

Qorvo, Inc.*

     1,573        150,174  

QUALCOMM, Inc.

     41,780        4,640,087  

Skyworks Solutions, Inc.

     6,308        621,906  

Teradyne, Inc.

     2,718        273,050  

Texas Instruments, Inc.

     15,902        2,528,577  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     37,518,475  
Software – 8.1%

 

Adobe, Inc.*

     5,942        3,029,826  

ANSYS, Inc.*

     885        263,332  

Atlassian Corp., Class A*

     1,300        261,963  

Autodesk, Inc.*

     1,541        318,848  

Bentley Systems, Inc., Class B

     1,986        99,618  

BILL Holdings, Inc.*

     811        88,050  

Cadence Design Systems, Inc.*

     2,324        544,513  

Crowdstrike Holdings, Inc., Class A*

     1,501        251,237  

Datadog, Inc., Class A*

     2,197        200,125  

Dynatrace, Inc.*

     2,128        99,441  

Fair Isaac Corp.*

     251        218,001  

Fortinet, Inc.*

     5,226        306,662  

Gen Digital, Inc.

     14,473        255,883  

HubSpot, Inc.*

     395      194,537  

Intuit, Inc.

     2,749        1,404,574  

Microsoft Corp.

     104,882        33,116,491  

Oracle Corp.

     52,806        5,593,212  

Palo Alto Networks, Inc.*

     2,018        473,100  

PTC, Inc.*

     1,532        217,054  

Roper Technologies, Inc.

     1,123        543,846  

Salesforce, Inc.*

     14,946        3,030,750  

ServiceNow, Inc.*

     1,430        799,313  

Splunk, Inc.*

     1,327        194,074  

Synopsys, Inc.*

     1,319        605,381  

Tyler Technologies, Inc.*

     398        153,684  

VMware, Inc., Class A*

     7,196        1,197,990  

Workday, Inc., Class A*

     1,489        319,912  

Zoom Video Communications, Inc., Class A*

     5,141        359,562  
     

 

 

 
Total Software

 

     54,140,979  
Specialized REITs – 0.7%

 

American Tower Corp.

     4,265        701,379  

Crown Castle, Inc.

     3,792        348,978  

Digital Realty Trust, Inc.

     3,912        473,430  

Equinix, Inc.

     584        424,136  

Extra Space Storage, Inc.

     1,914        232,704  

Gaming & Leisure Properties, Inc.

     3,279        149,358  

Iron Mountain, Inc.

     2,858        169,908  

Public Storage

     4,659        1,227,740  

SBA Communications Corp.

     741        148,326  

VICI Properties, Inc.

     8,699        253,141  

Weyerhaeuser Co.

     24,962        765,335  
     

 

 

 
Total Specialized REITs

 

     4,894,435  
Specialty Retail – 1.8%

 

AutoZone, Inc.*

     311        789,937  

Bath & Body Works, Inc.

     6,052        204,558  

Best Buy Co., Inc.

     5,904        410,151  

Burlington Stores, Inc.*

     617        83,480  

Home Depot, Inc.

     16,592        5,013,439  

Lowe’s Cos., Inc.

     13,128        2,728,523  

O’Reilly Automotive, Inc.*

     827        751,627  

Ross Stores, Inc.

     3,986        450,219  

TJX Cos., Inc.

     14,390        1,278,983  

Tractor Supply Co.

     1,468        298,077  

Ulta Beauty, Inc.*

     767        306,378  
     

 

 

 
Total Specialty Retail

 

     12,315,372  
Technology Hardware, Storage & Peripherals – 5.9%

 

Apple, Inc.

     216,033        36,987,010  

Hewlett Packard Enterprise Co.

     55,021        955,715  

HP, Inc.

     43,539        1,118,952  

NetApp, Inc.

     5,863        444,884  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     39,506,561  
Textiles, Apparel & Luxury Goods – 0.3%

 

Deckers Outdoor Corp.*

     389        199,981  

NIKE, Inc., Class B

     15,764        1,507,354  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     1,707,335  

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. LargeCap Fund (EPS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Tobacco – 0.7%

 

Altria Group, Inc.

     56,531      $ 2,377,129  

Philip Morris International, Inc.

     26,428        2,446,704  
     

 

 

 
Total Tobacco

 

     4,823,833  
Trading Companies & Distributors – 0.3%

 

Fastenal Co.

     7,033        384,283  

United Rentals, Inc.

     1,994        886,473  

Watsco, Inc.(a)

     604        228,143  

WW Grainger, Inc.

     730        505,043  
     

 

 

 
Total Trading Companies & Distributors

 

     2,003,942  
Water Utilities – 0.1%

 

American Water Works Co., Inc.

     2,025        250,756  

Essential Utilities, Inc.

     2,543        87,300  
     

 

 

 
Total Water Utilities

 

     338,056  
Wireless Telecommunication Services – 0.2%

 

T-Mobile U.S., Inc.*

     7,770        1,088,189  
TOTAL COMMON STOCKS
(Cost: $604,098,340)

 

     670,738,666  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree U.S. High Dividend Fund(b)
(Cost: $481,422)
     6,376        497,711  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.0%

 

United States – 0.0%

 

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

     
(Cost: $771)      771      771  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $604,580,533)

 

     671,237,148  

Other Assets less Liabilities – 0.1%

 

     723,874  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 671,961,022  
* 

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 $891,210 and the total market value of the collateral held by the Fund was $927,815. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $927,044.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

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

 

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 September 30, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. High Dividend Fund

   $ 151,624      $ 1,929,022      $ 1,520,103      $ (53,875    $ (8,957    $ 497,711      $ 18,096  

 

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

   $ 670,738,666      $      $      $ 670,738,666  

Exchange-Traded Fund

     497,711                      497,711  

Investment of Cash Collateral for Securities Loaned

            771               771  

Total Investments in Securities

   $ 671,236,377      $ 771      $      $ 671,237,148  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.4%

 

Aerospace & Defense – 1.5%

 

BWX Technologies, Inc.

     112,468      $ 8,432,851  

Curtiss-Wright Corp.

     17,987        3,518,797  

Hexcel Corp.

     47,919        3,121,444  

Howmet Aerospace, Inc.

     202,532        9,367,105  

Huntington Ingalls Industries, Inc.

     44,961        9,198,121  

Textron, Inc.

     108,100        8,446,934  

Woodward, Inc.

     36,781        4,570,407  
     

 

 

 
Total Aerospace & Defense

 

     46,655,659  
Air Freight & Logistics – 0.6%

 

CH Robinson Worldwide, Inc.

     225,326        19,407,328  
Automobile Components – 0.8%

 

BorgWarner, Inc.

     209,240        8,447,019  

Gentex Corp.

     235,711        7,670,036  

Lear Corp.

     73,450        9,856,990  
     

 

 

 
Total Automobile Components

 

     25,974,045  
Automobiles – 0.4%

 

Harley-Davidson, Inc.

     118,922        3,931,561  

Thor Industries, Inc.

     95,365        9,072,073  
     

 

 

 
Total Automobiles

 

     13,003,634  
Banks – 7.8%

 

Ameris Bancorp

     85,199        3,270,790  

Associated Banc-Corp.

     318,029        5,441,476  

Bank OZK

     287,052        10,641,018  

BOK Financial Corp.

     79,441        6,353,691  

Cadence Bank

     324,467        6,885,190  

Comerica, Inc.

     270,742        11,249,330  

Commerce Bancshares, Inc.

     147,847        7,093,699  

Cullen/Frost Bankers, Inc.

     123,542        11,268,266  

CVB Financial Corp.

     333,011        5,517,992  

East West Bancorp, Inc.

     268,351        14,144,781  

First Citizens BancShares, Inc., Class A

     6,930        9,564,093  

First Financial Bankshares, Inc.

     226,825        5,697,844  

First Interstate BancSystem, Inc., Class A

     250,710        6,252,707  

FNB Corp.

     1,013,925        10,940,251  

Glacier Bancorp, Inc.

     145,346        4,142,361  

Hancock Whitney Corp.

     152,171        5,628,805  

Home BancShares, Inc.

     315,486        6,606,277  

Independent Bank Corp.

     65,791        3,229,680  

New York Community Bancorp, Inc.

     1,601,522        18,161,259  

Old National Bancorp

     500,686        7,279,974  

Pinnacle Financial Partners, Inc.

     57,247        3,837,839  

Prosperity Bancshares, Inc.

     148,634        8,112,444  

ServisFirst Bancshares, Inc.

     66,196        3,453,445  

SouthState Corp.

     105,464        7,104,055  

Synovus Financial Corp.

     272,805        7,583,979  

UMB Financial Corp.

     80,911        5,020,528  

United Bankshares, Inc.

     252,876        6,976,849  

United Community Banks, Inc.

     161,254        4,097,464  

Valley National Bancorp

     1,013,945        8,679,369  

Webster Financial Corp.

     290,010      11,690,303  

Western Alliance Bancorp

     138,743        6,378,016  

Wintrust Financial Corp.

     60,781        4,588,966  

Zions Bancorp NA

     265,027        9,246,792  
     

 

 

 
Total Banks

 

     246,139,533  
Beverages – 0.7%

 

Coca-Cola Consolidated, Inc.

     4,492        2,858,349  

Molson Coors Beverage Co., Class B

     285,762        18,171,606  
     

 

 

 
Total Beverages

 

     21,029,955  
Broadline Retail – 0.5%

 

Dillard’s, Inc., Class A

     6,955        2,300,784  

Kohl’s Corp.(a)

     397,471        8,330,992  

Macy’s, Inc.

     407,084        4,726,245  
     

 

 

 
Total Broadline Retail

 

     15,358,021  
Building Products – 2.9%

 

A O Smith Corp.

     141,217        9,338,680  

AAON, Inc.

     47,759        2,716,054  

Advanced Drainage Systems, Inc.

     45,418        5,169,931  

Carlisle Cos., Inc.

     48,342        12,533,147  

Fortune Brands Innovations, Inc.

     131,874        8,197,288  

Lennox International, Inc.

     32,442        12,147,583  

Masco Corp.

     266,183        14,227,481  

Owens Corning

     83,487        11,388,462  

Simpson Manufacturing Co., Inc.

     37,300        5,587,913  

UFP Industries, Inc.

     68,960        7,061,504  

Zurn Elkay Water Solutions Corp.

     153,673        4,305,917  
     

 

 

 
Total Building Products

 

     92,673,960  
Capital Markets – 5.7%

 

Affiliated Managers Group, Inc.

     19,423        2,531,594  

Ares Management Corp., Class A

     293,399        30,181,955  

Blue Owl Capital, Inc.(a)

     1,042,632        13,512,511  

Carlyle Group, Inc.(a)

     767,137        23,136,852  

Cboe Global Markets, Inc.

     127,598        19,932,084  

Evercore, Inc., Class A

     59,613        8,219,440  

Franklin Resources, Inc.

     1,050,533        25,822,101  

Houlihan Lokey, Inc.

     89,775        9,616,698  

Interactive Brokers Group, Inc., Class A

     53,374        4,620,053  

Jefferies Financial Group, Inc.

     396,953        14,540,388  

MarketAxess Holdings, Inc.

     21,933        4,685,766  

Morningstar, Inc.

     21,561        5,050,449  

SEI Investments Co.

     102,784        6,190,680  

Stifel Financial Corp.

     118,799        7,299,011  

Tradeweb Markets, Inc., Class A

     53,928        4,325,026  
     

 

 

 
Total Capital Markets

 

     179,664,608  
Chemicals – 3.3%

 

Ashland, Inc.

     42,227        3,449,101  

Balchem Corp.

     19,631        2,435,029  

Cabot Corp.

     71,511        4,953,567  

Celanese Corp.(a)

     143,496        18,011,618  

Chemours Co.

     272,968        7,656,753  

Eastman Chemical Co.

     214,175        16,431,506  

Element Solutions, Inc.

     256,887        5,037,554  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  

H B Fuller Co.

     53,093      $ 3,642,711  

Huntsman Corp.

     453,508        11,065,595  

Olin Corp.

     164,049        8,199,169  

RPM International, Inc.

     111,698        10,590,087  

Westlake Corp.

     91,788        11,443,210  
     

 

 

 
Total Chemicals

 

     102,915,900  
Commercial Services & Supplies – 0.3%

 

MSA Safety, Inc.

     34,431        5,428,047  

Tetra Tech, Inc.

     31,170        4,738,775  
     

 

 

 
Total Commercial Services & Supplies

 

     10,166,822  
Communications Equipment – 0.4%

 

Juniper Networks, Inc.

     433,365        12,043,213  
Construction & Engineering – 0.9%

 

AECOM

     100,291        8,328,165  

Comfort Systems USA, Inc.

     22,964        3,913,295  

EMCOR Group, Inc.

     24,986        5,256,804  

MDU Resources Group, Inc.

     317,177        6,210,326  

Valmont Industries, Inc.

     13,753        3,303,608  
     

 

 

 
Total Construction & Engineering

 

     27,012,198  
Construction Materials – 0.2%

 

Eagle Materials, Inc.

     29,306        4,880,035  
Consumer Finance – 1.4%

 

Ally Financial, Inc.

     722,351        19,272,325  

FirstCash Holdings, Inc.

     45,338        4,551,029  

OneMain Holdings, Inc.

     392,668        15,742,060  

SLM Corp.

     391,407        5,330,963  
     

 

 

 
Total Consumer Finance

 

     44,896,377  
Consumer Staples Distribution & Retail – 0.7%

 

Albertsons Cos., Inc., Class A

     638,243        14,520,028  

Casey’s General Stores, Inc.

     23,361        6,342,979  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     20,863,007  
Containers & Packaging – 4.1%

 

AptarGroup, Inc.

     56,890        7,113,526  

Berry Global Group, Inc.

     119,271        7,384,068  

Graphic Packaging Holding Co.

     443,529        9,881,826  

International Paper Co.

     880,890        31,245,168  

Packaging Corp. of America

     250,624        38,483,315  

Sealed Air Corp.

     126,072        4,142,726  

Silgan Holdings, Inc.

     116,899        5,039,516  

Sonoco Products Co.

     242,724        13,192,049  

Westrock Co.

     394,126        14,109,711  
     

 

 

 
Total Containers & Packaging

 

     130,591,905  
Distributors – 0.8%

 

LKQ Corp.

     282,065        13,965,038  

Pool Corp.

     27,704        9,865,395  
     

 

 

 
Total Distributors

 

     23,830,433  
Diversified Consumer Services – 0.8%

 

ADT, Inc.

     726,417        4,358,502  

H&R Block, Inc.

     320,588        13,804,519  

Service Corp. International

     131,667        7,523,453  
     

 

 

 
Total Diversified Consumer Services

 

     25,686,474  
Electric Utilities – 4.2%

 

ALLETE, Inc.

     126,478      6,678,038  

Alliant Energy Corp.

     396,240        19,197,828  

Evergy, Inc.

     475,741        24,120,069  

Hawaiian Electric Industries, Inc.

     203,354        2,503,288  

IDACORP, Inc.

     81,590        7,640,903  

NRG Energy, Inc.

     402,282        15,495,903  

OGE Energy Corp.

     624,686        20,820,784  

Pinnacle West Capital Corp.

     252,598        18,611,421  

PNM Resources, Inc.

     144,046        6,425,892  

Portland General Electric Co.

     292,654        11,846,634  
     

 

 

 
Total Electric Utilities

 

     133,340,760  
Electrical Equipment – 1.3%

 

Acuity Brands, Inc.

     17,347        2,954,368  

Hubbell, Inc.

     74,176        23,247,500  

Regal Rexnord Corp.

     46,780        6,683,926  

Vertiv Holdings Co.

     184,783        6,873,928  
     

 

 

 
Total Electrical Equipment

 

     39,759,722  
Electronic Equipment, Instruments & Components – 1.6%

 

Avnet, Inc.

     198,492        9,565,329  

Cognex Corp.

     87,641        3,719,484  

Crane NXT Co.

     60,158        3,342,980  

Jabil, Inc.

     69,257        8,788,021  

Littelfuse, Inc.

     23,056        5,702,210  

National Instruments Corp.

     203,523        12,134,041  

TD SYNNEX Corp.

     68,031        6,793,576  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     50,045,641  
Energy Equipment & Services – 0.6%

 

ChampionX Corp.

     139,485        4,968,456  

Helmerich & Payne, Inc.

     131,994        5,564,867  

NOV, Inc.

     244,168        5,103,111  

Patterson-UTI Energy, Inc.

     276,173        3,822,234  
     

 

 

 
Total Energy Equipment & Services

 

     19,458,668  
Entertainment – 0.2%

 

Warner Music Group Corp., Class A

     160,844        5,050,502  
Financial Services – 1.9%

 

Enact Holdings, Inc.

     312,097        8,498,401  

Equitable Holdings, Inc.

     490,131        13,914,819  

Jack Henry & Associates, Inc.

     60,109        9,084,874  

MGIC Investment Corp.

     747,657        12,478,395  

TFS Financial Corp.

     864,959        10,223,816  

Voya Financial, Inc.

     78,398        5,209,547  
     

 

 

 
Total Financial Services

 

     59,409,852  
Food Products – 1.1%

 

Flowers Foods, Inc.

     462,166        10,250,842  

Ingredion, Inc.

     100,936        9,932,102  

Lamb Weston Holdings, Inc.

     90,215        8,341,279  

Lancaster Colony Corp.

     28,507        4,704,510  

Seaboard Corp.

     588        2,206,764  
     

 

 

 
Total Food Products

 

     35,435,497  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  
Gas Utilities – 1.8%

 

National Fuel Gas Co.

     215,175      $ 11,169,734  

New Jersey Resources Corp.

     244,123        9,918,718  

ONE Gas, Inc.

     146,917        10,031,493  

Southwest Gas Holdings, Inc.

     131,400        7,937,874  

Spire, Inc.

     128,673        7,280,318  

UGI Corp.

     401,077        9,224,771  
     

 

 

 
Total Gas Utilities

 

     55,562,908  
Ground Transportation – 0.7%

 

Knight-Swift Transportation Holdings, Inc.

     88,994        4,463,049  

Landstar System, Inc.

     25,597        4,529,133  

Ryder System, Inc.

     115,395        12,341,496  
     

 

 

 
Total Ground Transportation

 

     21,333,678  
Health Care Equipment & Supplies – 0.6%

 

Cooper Cos., Inc.

     24,294        7,725,735  

Dentsply Sirona, Inc.

     207,515        7,088,712  

Teleflex, Inc.

     23,493        4,614,260  
     

 

 

 
Total Health Care Equipment & Supplies

 

     19,428,707  
Health Care Providers & Services – 0.7%

 

Chemed Corp.

     7,348        3,818,756  

Encompass Health Corp.

     73,189        4,915,373  

Ensign Group, Inc.

     28,322        2,631,963  

Premier, Inc., Class A

     248,293        5,338,300  

Universal Health Services, Inc., Class B

     34,080        4,284,878  
     

 

 

 
Total Health Care Providers & Services

 

     20,989,270  
Health Care REITs – 1.2%

 

Healthpeak Properties, Inc.

     752,627        13,818,232  

Omega Healthcare Investors, Inc.

     751,579        24,922,359  
     

 

 

 
Total Health Care REITs

 

     38,740,591  
Hotel & Resort REITs – 0.4%

 

Apple Hospitality REIT, Inc.

     287,828        4,415,282  

Host Hotels & Resorts, Inc.

     382,536        6,147,353  

Ryman Hospitality Properties, Inc.

     28,272        2,354,492  
     

 

 

 
Total Hotel & Resort REITs

 

     12,917,127  
Hotels, Restaurants & Leisure – 2.5%

 

Aramark

     159,512        5,535,067  

Boyd Gaming Corp.

     96,775        5,886,823  

Choice Hotels International, Inc.

     41,383        5,069,831  

Churchill Downs, Inc.

     38,113        4,422,633  

Domino’s Pizza, Inc.

     32,151        12,178,477  

Marriott Vacations Worldwide Corp.

     39,837        4,008,797  

Texas Roadhouse, Inc.

     102,911        9,889,747  

Vail Resorts, Inc.(a)

     62,926        13,962,650  

Wendy’s Co.

     273,293        5,577,910  

Wingstop, Inc.

     16,818        3,024,549  

Wyndham Hotels & Resorts, Inc.

     130,038        9,042,843  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     78,599,327  
Household Durables – 1.2%

 

Leggett & Platt, Inc.

     351,418        8,929,532  

PulteGroup, Inc.

     176,020        13,034,281  

Tempur Sealy International, Inc.

     143,330        6,211,922  

Toll Brothers, Inc.

     121,066      8,954,041  
     

 

 

 
Total Household Durables

 

     37,129,776  
Household Products – 0.3%

 

Reynolds Consumer Products, Inc.

     328,944        8,430,835  
Independent Power & Renewable Electricity Producers – 1.3%

 

Clearway Energy, Inc., Class C

     371,229        7,855,206  

Ormat Technologies, Inc.

     30,086        2,103,613  

Vistra Corp.

     980,257        32,524,927  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     42,483,746  
Industrial REITs – 0.7%

 

Americold Realty Trust, Inc.

     139,047        4,228,419  

EastGroup Properties, Inc.

     30,459        5,072,337  

First Industrial Realty Trust, Inc.

     69,868        3,325,018  

Rexford Industrial Realty, Inc.

     101,465        5,007,298  

STAG Industrial, Inc.

     90,576        3,125,778  

Terreno Realty Corp.

     38,468        2,184,983  
     

 

 

 
Total Industrial REITs

 

     22,943,833  
Insurance – 6.5%

 

American Financial Group, Inc.

     83,805        9,358,504  

Assurant, Inc.

     63,726        9,149,779  

CNA Financial Corp.

     520,607        20,485,885  

Erie Indemnity Co., Class A

     39,012        11,461,336  

Fidelity National Financial, Inc.

     651,399        26,902,779  

First American Financial Corp.

     218,986        12,370,519  

Globe Life, Inc.

     58,508        6,361,575  

Hanover Insurance Group, Inc.

     62,873        6,977,646  

Kemper Corp.

     91,641        3,851,671  

Kinsale Capital Group, Inc.

     12,341        5,110,778  

Loews Corp.

     122,970        7,785,231  

Old Republic International Corp.

     883,949        23,813,586  

Primerica, Inc.

     50,429        9,783,730  

Reinsurance Group of America, Inc.

     117,985        17,130,242  

RLI Corp.

     35,447        4,816,893  

Selective Insurance Group, Inc.

     68,851        7,103,358  

Unum Group

     479,310        23,577,259  
     

 

 

 
Total Insurance

 

     206,040,771  
Leisure Products – 1.1%

 

Brunswick Corp.

     87,885        6,942,915  

Hasbro, Inc.

     307,379        20,330,047  

Polaris, Inc.

     74,581        7,766,865  
     

 

 

 
Total Leisure Products

 

     35,039,827  
Life Sciences Tools & Services – 0.1%

 

Bruker Corp.

     73,738        4,593,877  
Machinery – 4.5%

 

AGCO Corp.

     37,821        4,473,468  

Allison Transmission Holdings, Inc.

     154,087        9,100,378  

Donaldson Co., Inc.

     156,457        9,331,096  

Flowserve Corp.

     200,121        7,958,812  

Franklin Electric Co., Inc.

     47,044        4,197,736  

Graco, Inc.

     165,491        12,060,984  

ITT, Inc.

     89,776        8,789,968  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  

Lincoln Electric Holdings, Inc.

     79,818      $ 14,510,114  

Mueller Industries, Inc.

     81,076        6,093,672  

Nordson Corp.

     50,000        11,158,500  

Oshkosh Corp.

     66,565        6,352,298  

Snap-on, Inc.

     107,021        27,296,776  

Timken Co.

     108,386        7,965,287  

Toro Co.

     91,588        7,610,963  

Watts Water Technologies, Inc., Class A

     23,134        3,998,018  
     

 

 

 
Total Machinery

 

     140,898,070  
Media – 2.2%

 

Cable One, Inc.

     5,606        3,451,278  

Interpublic Group of Cos., Inc.

     678,859        19,456,099  

New York Times Co., Class A

     118,866        4,897,279  

News Corp., Class A

     360,659        7,234,819  

Nexstar Media Group, Inc.

     59,951        8,595,175  

Paramount Global, Class B

     1,563,893        20,174,220  

TEGNA, Inc.

     364,793        5,315,034  
     

 

 

 
Total Media

 

     69,123,904  
Metals & Mining – 1.3%

 

Alcoa Corp.

     100,532        2,921,460  

Commercial Metals Co.

     134,761        6,658,541  

Reliance Steel & Aluminum Co.

     76,014        19,933,151  

Royal Gold, Inc.

     74,847        7,958,482  

U.S. Steel Corp.

     134,980        4,384,150  
     

 

 

 
Total Metals & Mining

 

     41,855,784  
Multi-Utilities – 0.8%

 

Black Hills Corp.

     130,070        6,580,241  

NiSource, Inc.

     704,424        17,385,185  
     

 

 

 
Total Multi-Utilities

 

     23,965,426  
Office REITs – 0.1%

 

Cousins Properties, Inc.

     76,637        1,561,096  

Kilroy Realty Corp.

     62,591        1,978,501  
     

 

 

 
Total Office REITs

 

     3,539,597  
Oil, Gas & Consumable Fuels – 8.0%

 

Antero Midstream Corp.

     1,551,520        18,587,210  

APA Corp.

     360,018        14,796,740  

Chesapeake Energy Corp.(a)

     454,504        39,191,880  

Chord Energy Corp.

     142,003        23,014,426  

Civitas Resources, Inc.(a)

     287,311        23,234,840  

Comstock Resources, Inc.(a)

     641,808        7,079,142  

CVR Energy, Inc.

     349,272        11,885,726  

DT Midstream, Inc.

     222,192        11,758,401  

EQT Corp.

     313,581        12,725,117  

Equitrans Midstream Corp.

     1,413,575        13,245,198  

HF Sinclair Corp.

     312,310        17,779,808  

Magnolia Oil & Gas Corp., Class A

     270,809        6,204,234  

Matador Resources Co.

     75,412        4,485,506  

Murphy Oil Corp.

     276,536        12,540,908  

Ovintiv, Inc.

     254,436        12,103,520  

PBF Energy, Inc., Class A

     237,871        12,733,235  

Range Resources Corp.

     196,817        6,378,839  

SM Energy Co.

     123,106      4,881,153  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     252,625,883  
Paper & Forest Products – 0.1%

 

Louisiana-Pacific Corp.

     67,826        3,748,743  
Pharmaceuticals – 1.3%

 

Organon & Co.

     792,084        13,750,578  

Viatris, Inc.

     2,618,267        25,816,113  
     

 

 

 
Total Pharmaceuticals

 

     39,566,691  
Professional Services – 2.6%

 

Booz Allen Hamilton Holding Corp.

     111,345        12,166,668  

Concentrix Corp.

     32,952        2,639,785  

Dun & Bradstreet Holdings, Inc.

     386,366        3,859,796  

Exponent, Inc.

     46,301        3,963,366  

Insperity, Inc.

     58,276        5,687,738  

KBR, Inc.

     82,009        4,833,610  

Leidos Holdings, Inc.

     96,134        8,859,709  

ManpowerGroup, Inc.

     125,619        9,210,385  

Maximus, Inc.

     62,112        4,638,524  

Robert Half, Inc.

     133,752        9,801,347  

Science Applications International Corp.

     62,110        6,555,089  

SS&C Technologies Holdings, Inc.

     205,581        10,801,226  
     

 

 

 
Total Professional Services

 

     83,017,243  
Residential REITs – 1.7%

 

American Homes 4 Rent, Class A

     182,155        6,136,802  

Apartment Income REIT Corp.

     230,212        7,067,508  

Camden Property Trust

     72,167        6,825,555  

Equity LifeStyle Properties, Inc.

     95,588        6,089,912  

Essex Property Trust, Inc.

     74,809        15,866,241  

Independence Realty Trust, Inc.

     114,062        1,604,852  

UDR, Inc.

     310,861        11,088,412  
     

 

 

 
Total Residential REITs

 

     54,679,282  
Retail REITs – 2.4%

 

Agree Realty Corp.

     43,641        2,410,729  

Brixmor Property Group, Inc.

     497,940        10,347,193  

Federal Realty Investment Trust

     130,570        11,833,559  

Kimco Realty Corp.

     723,516        12,726,647  

Kite Realty Group Trust

     118,077        2,529,210  

NNN REIT, Inc.

     370,742        13,102,022  

Phillips Edison & Co., Inc.

     58,608        1,965,712  

Regency Centers Corp.

     156,587        9,307,531  

Spirit Realty Capital, Inc.

     381,989        12,808,091  
     

 

 

 
Total Retail REITs

 

     77,030,694  
Semiconductors & Semiconductor Equipment – 1.4%

 

Amkor Technology, Inc.

     177,827        4,018,890  

MKS Instruments, Inc.

     47,437        4,105,198  

Power Integrations, Inc.

     42,471        3,240,962  

Skyworks Solutions, Inc.

     212,727        20,972,755  

Teradyne, Inc.

     77,563        7,791,979  

Universal Display Corp.

     33,066        5,191,031  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     45,320,815  

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Dividend Fund (DON)

September 30, 2023

 

 

 

Investments    Shares      Value  
Software – 0.8%

 

Bentley Systems, Inc., Class B

     138,732      $ 6,958,797  

Dolby Laboratories, Inc., Class A

     78,698        6,237,604  

Gen Digital, Inc.

     702,718        12,424,054  
     

 

 

 
Total Software

 

     25,620,455  
Specialized REITs – 1.8%

 

CubeSmart

     388,944        14,830,435  

Gaming & Leisure Properties, Inc.

     446,307        20,329,284  

Lamar Advertising Co., Class A

     196,673        16,416,295  

National Storage Affiliates Trust

     43,505        1,380,849  

PotlatchDeltic Corp.

     42,548        1,931,254  

Rayonier, Inc.

     78,118        2,223,238  
     

 

 

 
Total Specialized REITs

 

     57,111,355  
Specialty Retail – 2.4%

 

Academy Sports & Outdoors, Inc.

     62,363        2,947,899  

Advance Auto Parts, Inc.

     118,270        6,614,841  

Bath & Body Works, Inc.

     225,376        7,617,709  

Dick’s Sporting Goods, Inc.

     58,633        6,366,371  

Foot Locker, Inc.

     210,311        3,648,896  

Gap, Inc.

     767,429        8,157,770  

Lithia Motors, Inc.

     16,301        4,814,174  

Murphy USA, Inc.

     12,933        4,419,594  

Penske Automotive Group, Inc.

     72,111        12,046,864  

Valvoline, Inc.

     164,788        5,312,765  

Williams-Sonoma, Inc.

     97,331        15,125,238  
     

 

 

 
Total Specialty Retail

 

     77,072,121  
Technology Hardware, Storage & Peripherals – 0.8%

 

NetApp, Inc.

     335,427        25,452,201  
Textiles, Apparel & Luxury Goods – 0.8%

 

Columbia Sportswear Co.(a)

     53,912        3,994,879  

PVH Corp.

     31,173        2,385,046  

Ralph Lauren Corp.

     65,215        7,570,810  

Tapestry, Inc.

     399,708        11,491,605  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     25,442,340  
Trading Companies & Distributors – 2.1%

 

Air Lease Corp.

     140,982      5,556,101  

Applied Industrial Technologies, Inc.

     39,527        6,111,270  

GATX Corp.

     42,909        4,669,787  

Herc Holdings, Inc.

     35,011        4,164,208  

MSC Industrial Direct Co., Inc., Class A

     139,929        13,734,031  

Watsco, Inc.(a)

     85,145        32,160,969  
     

 

 

 
Total Trading Companies & Distributors

 

     66,396,366  
Water Utilities – 0.5%

 

American States Water Co.

     41,538        3,268,210  

Essential Utilities, Inc.

     321,174        11,025,903  
     

 

 

 
Total Water Utilities

 

     14,294,113  
Total United States

 

     3,136,289,105  
Puerto Rico – 0.4%

 

Banks – 0.4%

 

Popular, Inc.

     186,696        11,763,715  
TOTAL COMMON STOCKS
(Cost: $3,045,079,881)

 

     3,148,052,820  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.5%

 

United States – 0.5%

 

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

 

  
(Cost: $16,848,233)      16,848,233        16,848,233  
TOTAL INVESTMENTS IN SECURITIES – 100.3%
(Cost: $3,061,928,114)

 

     3,164,901,053  

Other Assets less Liabilities – (0.3)%

 

     (9,966,360
     

 

 

 
NET ASSETS – 100.0%

 

   $ 3,154,934,693  
(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 $136,321,647 and the total market value of the collateral held by the Fund was $141,152,656. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $124,304,423.

 

(b) 

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

 

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 September 30, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. LargeCap Dividend Fund^

   $      $ 24,702,694      $ 24,496,381      $ (206,313    $      $      $ 69,941  
^ 

As of September 30, 2023, the Fund did not hold a position in this affiliate.

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. MidCap Dividend Fund (DON)

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

   $ 3,148,052,820      $      $      $ 3,148,052,820  

Investment of Cash Collateral for Securities Loaned

            16,848,233               16,848,233  

Total Investments in Securities

   $ 3,148,052,820      $ 16,848,233      $      $ 3,164,901,053  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%

 

United States – 99.2%

 

Aerospace & Defense – 0.9%

 

BWX Technologies, Inc.

     15,634      $ 1,172,237  

Curtiss-Wright Corp.

     5,513        1,078,508  

Hexcel Corp.

     6,595        429,598  

Huntington Ingalls Industries, Inc.

     7,582        1,551,126  

Mercury Systems, Inc.*

     7,108        263,636  

Moog, Inc., Class A

     6,062        684,764  

Parsons Corp.*

     14,640        795,684  

Woodward, Inc.

     5,297        658,205  
     

 

 

 
Total Aerospace & Defense

 

     6,633,758  
Air Freight & Logistics – 0.4%

 

Forward Air Corp.

     5,346        367,484  

GXO Logistics, Inc.*

     22,481        1,318,511  

Hub Group, Inc., Class A*

     13,709        1,076,705  
     

 

 

 
Total Air Freight & Logistics

 

     2,762,700  
Automobile Components – 0.8%

 

Dorman Products, Inc.*

     5,711        432,665  

Fox Factory Holding Corp.*

     6,329        627,077  

Gentex Corp.

     34,486        1,122,175  

Goodyear Tire & Rubber Co.*

     144,417        1,795,103  

Lear Corp.

     9,666        1,297,177  

Visteon Corp.*

     3,436        474,409  
     

 

 

 
Total Automobile Components

 

     5,748,606  
Automobiles – 0.7%

 

Harley-Davidson, Inc.

     47,461        1,569,061  

Thor Industries, Inc.(a)

     39,948        3,800,253  
     

 

 

 
Total Automobiles

 

     5,369,314  
Banks – 6.2%

 

Ameris Bancorp

     21,272        816,632  

Associated Banc-Corp.

     44,109        754,705  

Atlantic Union Bankshares Corp.

     17,480        503,074  

BancFirst Corp.

     5,778        501,126  

Bank of Hawaii Corp.

     8,786        436,576  

Bank OZK

     38,150        1,414,221  

BankUnited, Inc.

     30,230        686,221  

BOK Financial Corp.

     14,343        1,147,153  

Cadence Bank(a)

     36,767        780,196  

Cathay General Bancorp

     23,674        822,908  

Columbia Banking System, Inc.

     55,004        1,116,581  

Comerica, Inc.

     45,254        1,880,304  

Commerce Bancshares, Inc.

     21,535        1,033,249  

Community Bank System, Inc.

     10,750        453,758  

Cullen/Frost Bankers, Inc.

     10,491        956,884  

CVB Financial Corp.

     24,462        405,335  

Eastern Bankshares, Inc.

     32,447        406,885  

First Financial Bankshares, Inc.

     20,271        509,208  

First Hawaiian, Inc.

     30,126        543,774  

First Interstate BancSystem, Inc., Class A

     12,487        311,426  

First Merchants Corp.

     13,783        383,443  

FNB Corp.

     106,338        1,147,387  

Fulton Financial Corp.

     44,745      541,862  

Glacier Bancorp, Inc.(a)

     16,344        465,804  

Hancock Whitney Corp.

     29,886        1,105,483  

Home BancShares, Inc.(a)

     43,628        913,570  

Independent Bank Corp.

     8,813        432,630  

Independent Bank Group, Inc.

     10,567        417,925  

International Bancshares Corp.

     15,749        682,562  

New York Community Bancorp, Inc.(a)

     207,425        2,352,200  

Old National Bancorp

     72,933        1,060,446  

Pacific Premier Bancorp, Inc.

     26,102        567,980  

PacWest Bancorp

     54,515        431,214  

Pinnacle Financial Partners, Inc.

     21,334        1,430,231  

Prosperity Bancshares, Inc.

     21,412        1,168,667  

ServisFirst Bancshares, Inc.

     9,953        519,248  

Simmons First National Corp., Class A

     41,483        703,552  

SouthState Corp.

     17,597        1,185,334  

Synovus Financial Corp.

     56,475        1,570,005  

Texas Capital Bancshares, Inc.*

     9,100        535,990  

UMB Financial Corp.

     13,749        853,125  

United Bankshares, Inc.

     27,614        761,870  

United Community Banks, Inc.

     24,125        613,016  

Valley National Bancorp

     149,723        1,281,629  

Webster Financial Corp.

     47,693        1,922,505  

Western Alliance Bancorp

     48,454        2,227,430  

Wintrust Financial Corp.

     15,953        1,204,452  

WSFS Financial Corp.

     16,556        604,294  

Zions Bancorp NA

     49,300        1,720,077  
     

 

 

 
Total Banks

 

     44,284,147  
Beverages – 0.4%

 

Boston Beer Co., Inc., Class A*

     856        333,438  

Coca-Cola Consolidated, Inc.

     2,832        1,802,058  

MGP Ingredients, Inc.

     2,628        277,201  

National Beverage Corp.*

     10,027        471,470  
     

 

 

 
Total Beverages

 

     2,884,167  
Biotechnology – 0.5%

 

Arrowhead Pharmaceuticals, Inc.*

     8,739        234,817  

Exelixis, Inc.*

     54,640        1,193,884  

Halozyme Therapeutics, Inc.*

     13,432        513,102  

Ionis Pharmaceuticals, Inc.*(a)

     11,942        541,689  

Vir Biotechnology, Inc.*

     98,965        927,302  
     

 

 

 
Total Biotechnology

 

     3,410,794  
Broadline Retail – 1.0%

 

Dillard’s, Inc., Class A

     7,755        2,565,431  

Kohl’s Corp.(a)

     56,146        1,176,820  

Macy’s, Inc.

     194,955        2,263,428  

Nordstrom, Inc.(a)

     55,188        824,509  

Ollie’s Bargain Outlet Holdings, Inc.*

     6,459        498,506  
     

 

 

 
Total Broadline Retail

 

     7,328,694  
Building Products – 5.0%

 

A O Smith Corp.

     25,261        1,670,510  

AAON, Inc.

     6,977        396,782  

Advanced Drainage Systems, Inc.

     15,327        1,744,672  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Armstrong World Industries, Inc.

     9,736      $ 700,992  

AZEK Co., Inc.*

     25,973        772,437  

Builders FirstSource, Inc.*

     114,110        14,205,554  

Fortune Brands Innovations, Inc.

     39,757        2,471,295  

Lennox International, Inc.

     5,788        2,167,259  

Masterbrand, Inc.*

     39,757        483,048  

Owens Corning

     41,247        5,626,503  

Simpson Manufacturing Co., Inc.

     11,349        1,700,194  

Trex Co., Inc.*

     16,942        1,044,135  

UFP Industries, Inc.

     25,188        2,579,251  

Zurn Elkay Water Solutions Corp.(a)

     19,478        545,774  
     

 

 

 
Total Building Products

 

     36,108,406  
Capital Markets – 2.7%

 

Affiliated Managers Group, Inc.

     15,790        2,058,069  

Blue Owl Capital, Inc.(a)

     61,225        793,476  

Cohen & Steers, Inc.

     9,876        619,127  

Evercore, Inc., Class A

     17,657        2,434,547  

Federated Hermes, Inc.

     21,156        716,554  

Hamilton Lane, Inc., Class A

     9,435        853,301  

Houlihan Lokey, Inc.

     13,849        1,483,505  

Interactive Brokers Group, Inc., Class A

     14,206        1,229,671  

Jefferies Financial Group, Inc.

     80,786        2,959,191  

Moelis & Co., Class A

     15,793        712,738  

SEI Investments Co.

     27,217        1,639,280  

Stifel Financial Corp.

     37,435        2,300,006  

Tradeweb Markets, Inc., Class A

     18,230        1,462,046  
     

 

 

 
Total Capital Markets

 

     19,261,511  
Chemicals – 2.4%

 

Ashland, Inc.

     9,245        755,132  

Avient Corp.

     26,497        935,874  

Balchem Corp.

     3,240        401,890  

Cabot Corp.

     15,669        1,085,392  

Chemours Co.

     85,206        2,390,028  

Element Solutions, Inc.

     55,801        1,094,258  

H B Fuller Co.

     9,193        630,732  

Huntsman Corp.

     92,217        2,250,095  

Ingevity Corp.*

     9,758        464,578  

Innospec, Inc.

     4,496        459,491  

Livent Corp.*(a)

     25,498        469,418  

NewMarket Corp.

     2,061        937,837  

Olin Corp.

     78,463        3,921,581  

Quaker Chemical Corp.

     1,899        303,840  

Scotts Miracle-Gro Co.(a)

     11,999        620,108  

Sensient Technologies Corp.

     6,900        403,512  
     

 

 

 
Total Chemicals

 

     17,123,766  
Commercial Services & Supplies – 0.8%

 

ABM Industries, Inc.

     17,529        701,335  

Brink’s Co.

     13,828        1,004,466  

Casella Waste Systems, Inc., Class A*

     3,894        297,112  

Clean Harbors, Inc.*

     9,119        1,526,156  

Driven Brands Holdings, Inc.*

     19,225        242,043  

MSA Safety, Inc.

     4,431        698,547  

Stericycle, Inc.*

     10,191      455,640  

Tetra Tech, Inc.

     4,950        752,549  

UniFirst Corp.

     2,030        330,910  
     

 

 

 
Total Commercial Services & Supplies

 

     6,008,758  
Communications Equipment – 0.7%

 

Calix, Inc.*

     5,587        256,108  

Ciena Corp.*

     22,779        1,076,536  

Extreme Networks, Inc.*

     17,409        421,472  

F5, Inc.*

     12,451        2,006,354  

Lumentum Holdings, Inc.*(a)

     23,953        1,082,197  

NetScout Systems, Inc.*

     12,276        343,973  

Viasat, Inc.*(a)

     6,229        114,987  
     

 

 

 
Total Communications Equipment

 

     5,301,627  
Construction & Engineering – 1.0%

 

API Group Corp.*

     50,000        1,296,500  

Arcosa, Inc.

     5,883        422,988  

Comfort Systems USA, Inc.

     4,766        812,174  

Dycom Industries, Inc.*

     4,283        381,187  

EMCOR Group, Inc.

     8,025        1,688,380  

Fluor Corp.*

     11,220        411,774  

MasTec, Inc.*

     9,783        704,082  

MDU Resources Group, Inc.

     36,378        712,281  

Valmont Industries, Inc.

     2,803        673,309  
     

 

 

 
Total Construction & Engineering

 

     7,102,675  
Construction Materials – 0.4%

 

Eagle Materials, Inc.

     9,840        1,638,557  

Knife River Corp.*

     9,094        444,060  

Summit Materials, Inc., Class A*

     16,561        515,709  
     

 

 

 
Total Construction Materials

 

     2,598,326  
Consumer Finance – 2.1%

 

Ally Financial, Inc.

     239,051        6,377,881  

Credit Acceptance Corp.*

     4,073        1,874,069  

FirstCash Holdings, Inc.

     7,617        764,594  

Nelnet, Inc., Class A

     9,262        827,282  

OneMain Holdings, Inc.

     80,663        3,233,780  

SLM Corp.

     153,781        2,094,497  
     

 

 

 
Total Consumer Finance

 

     15,172,103  
Consumer Staples Distribution & Retail – 0.8%

 

Casey’s General Stores, Inc.

     4,731        1,284,561  

Grocery Outlet Holding Corp.*

     10,659        307,512  

Performance Food Group Co.*

     26,050        1,533,303  

Sprouts Farmers Market, Inc.*

     25,034        1,071,455  

U.S. Foods Holding Corp.*

     38,724        1,537,343  

United Natural Foods, Inc.*(a)

     17,179        242,911  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     5,977,085  
Containers & Packaging – 2.1%

 

AptarGroup, Inc.

     7,364        920,795  

Berry Global Group, Inc.

     48,619        3,010,002  

Graphic Packaging Holding Co.

     85,085        1,895,694  

Greif, Inc., Class A

     20,888        1,395,527  

Sealed Air Corp.

     35,230        1,157,658  

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Silgan Holdings, Inc.(a)

     25,682      $ 1,107,151  

Sonoco Products Co.

     30,013        1,631,206  

Westrock Co.

     102,599        3,673,044  
     

 

 

 
Total Containers & Packaging

 

     14,791,077  
Diversified Consumer Services – 0.6%

 

ADT, Inc.(a)

     80,381        482,286  

Bright Horizons Family Solutions, Inc.*

     7,258        591,237  

Chegg, Inc.*

     21,208        189,175  

Grand Canyon Education, Inc.*

     5,939        694,150  

H&R Block, Inc.

     42,609        1,834,744  

Mister Car Wash, Inc.*(a)

     43,924        242,021  
     

 

 

 
Total Diversified Consumer Services

 

     4,033,613  
Diversified REITs – 0.1%

 

Broadstone Net Lease, Inc.

     25,309        361,919  

Essential Properties Realty Trust, Inc.

     19,658        425,202  
     

 

 

 
Total Diversified REITs

 

     787,121  
Diversified Telecommunication Services – 0.4%

 

Cogent Communications Holdings, Inc.

     4,103        253,976  

Frontier Communications Parent, Inc.*(a)

     53,966        844,568  

Iridium Communications, Inc.

     10,370        471,731  

Lumen Technologies, Inc.*(a)

     821,313        1,166,264  
     

 

 

 
Total Diversified Telecommunication Services

 

     2,736,539  
Electric Utilities – 0.9%

 

ALLETE, Inc.

     8,691        458,885  

Hawaiian Electric Industries, Inc.

     19,875        244,661  

IDACORP, Inc.

     7,648        716,235  

MGE Energy, Inc.

     4,804        329,122  

OGE Energy Corp.

     49,111        1,636,870  

Pinnacle West Capital Corp.

     21,438        1,579,552  

PNM Resources, Inc.

     13,590        606,250  

Portland General Electric Co.

     15,221        616,146  
     

 

 

 
Total Electric Utilities

 

     6,187,721  
Electrical Equipment – 1.7%

 

Acuity Brands, Inc.

     7,492        1,275,963  

Array Technologies, Inc.*(a)

     12,303        273,004  

Atkore, Inc.*

     23,498        3,505,667  

Encore Wire Corp.

     14,342        2,616,841  

EnerSys

     8,092        766,070  

Regal Rexnord Corp.

     17,194        2,456,679  

Shoals Technologies Group, Inc., Class A*(a)

     10,889        198,724  

SunPower Corp.*(a)

     15,125        93,321  

Sunrun, Inc.*(a)

     18,463        231,895  

Vertiv Holdings Co.

     30,582        1,137,650  
     

 

 

 
Total Electrical Equipment

 

     12,555,814  
Electronic Equipment, Instruments & Components – 3.1%

 

Advanced Energy Industries, Inc.

     7,436        766,800  

Arrow Electronics, Inc.*

     42,213        5,286,756  

Avnet, Inc.

     52,379        2,524,144  

Badger Meter, Inc.

     2,812        404,562  

Belden, Inc.

     9,960        961,638  

Cognex Corp.

     14,860        630,658  

Coherent Corp.*

     38,959      1,271,622  

Crane NXT Co.

     12,239        680,121  

Insight Enterprises, Inc.*(a)

     9,648        1,403,784  

IPG Photonics Corp.*

     9,622        977,018  

Littelfuse, Inc.

     5,342        1,321,184  

National Instruments Corp.

     19,214        1,145,539  

Plexus Corp.*

     4,158        386,611  

Sanmina Corp.*

     13,894        754,166  

Vishay Intertechnology, Inc.(a)

     60,902        1,505,498  

Vontier Corp.

     81,590        2,522,763  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     22,542,864  
Energy Equipment & Services – 0.4%

 

Cactus, Inc., Class A

     7,004        351,671  

ChampionX Corp.

     24,278        864,782  

Helmerich & Payne, Inc.

     9,278        391,160  

Liberty Energy, Inc.

     42,788        792,434  

NOV, Inc.

     33,440        698,896  
     

 

 

 
Total Energy Equipment & Services

 

     3,098,943  
Entertainment – 0.7%

 

Endeavor Group Holdings, Inc., Class A

     115,822        2,304,858  

Madison Square Garden Sports Corp.

     1,721        303,412  

TKO Group Holdings, Inc.

     8,534        717,368  

Warner Music Group Corp., Class A

     55,852        1,753,753  
     

 

 

 
Total Entertainment

 

     5,079,391  
Financial Services – 3.3%

 

Enact Holdings, Inc.

     86,592        2,357,900  

Euronet Worldwide, Inc.*

     11,172        886,833  

Jackson Financial, Inc., Class A

     64,768        2,475,433  

MGIC Investment Corp.

     214,078        3,572,962  

Mr. Cooper Group, Inc.*

     18,110        969,972  

PennyMac Financial Services, Inc.

     32,178        2,143,055  

Radian Group, Inc.

     123,941        3,112,158  

TFS Financial Corp.(a)

     23,606        279,023  

Voya Financial, Inc.

     39,424        2,619,725  

Walker & Dunlop, Inc.

     9,185        681,894  

Western Union Co.

     173,092        2,281,353  

WEX, Inc.*

     10,434        1,962,531  
     

 

 

 
Total Financial Services

 

     23,342,839  
Food Products – 1.0%

 

Flowers Foods, Inc.

     29,508        654,487  

Hostess Brands, Inc.*

     17,133        570,700  

Ingredion, Inc.

     14,665        1,443,036  

J & J Snack Foods Corp.

     1,451        237,456  

Lancaster Colony Corp.

     2,784        459,444  

Pilgrim’s Pride Corp.*

     125,305        2,860,713  

Post Holdings, Inc.*

     5,601        480,230  

Simply Good Foods Co.*

     12,923        446,102  

TreeHouse Foods, Inc.*

     4,121        179,593  
     

 

 

 
Total Food Products

 

     7,331,761  
Gas Utilities – 0.7%

 

National Fuel Gas Co.

     26,046        1,352,048  

New Jersey Resources Corp.

     16,689        678,074  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

ONE Gas, Inc.

     9,112      $ 622,167  

Southwest Gas Holdings, Inc.

     6,487        391,880  

Spire, Inc.

     10,320        583,906  

UGI Corp.

     49,244        1,132,612  
     

 

 

 
Total Gas Utilities

 

     4,760,687  
Ground Transportation – 3.0%

 

Avis Budget Group, Inc.*

     35,107        6,308,377  

Hertz Global Holdings, Inc.*

     260,955        3,196,699  

Knight-Swift Transportation Holdings, Inc.

     49,638        2,489,346  

Landstar System, Inc.

     8,060        1,426,136  

Ryder System, Inc.

     28,640        3,063,048  

Saia, Inc.*

     4,822        1,922,290  

Werner Enterprises, Inc.

     16,723        651,361  

XPO, Inc.*

     34,123        2,547,623  
     

 

 

 
Total Ground Transportation

 

     21,604,880  
Health Care Equipment & Supplies – 1.4%

 

Dentsply Sirona, Inc.

     48,932        1,671,517  

Enovis Corp.*

     7,771        409,765  

Envista Holdings Corp.*

     30,833        859,624  

Globus Medical, Inc., Class A*

     9,741        483,641  

Haemonetics Corp.*

     5,517        494,213  

ICU Medical, Inc.*(a)

     3,471        413,084  

Integra LifeSciences Holdings Corp.*

     14,308        546,423  

Lantheus Holdings, Inc.*(a)

     12,018        835,011  

Masimo Corp.*

     5,586        489,780  

Merit Medical Systems, Inc.*

     7,674        529,659  

Neogen Corp.*

     17,721        328,547  

QuidelOrtho Corp.*

     33,079        2,416,090  

Shockwave Medical, Inc.*

     3,068        610,839  

STAAR Surgical Co.*

     4,411        177,234  
     

 

 

 
Total Health Care Equipment & Supplies

 

     10,265,427  
Health Care Providers & Services – 2.6%

 

Acadia Healthcare Co., Inc.*

     10,977        771,793  

AdaptHealth Corp.*(a)

     18,105        164,755  

Amedisys, Inc.*

     5,807        542,374  

AMN Healthcare Services, Inc.*

     13,989        1,191,583  

Chemed Corp.

     1,784        927,145  

CorVel Corp.*

     1,709        336,075  

DaVita, Inc.*

     30,202        2,854,995  

Encompass Health Corp.

     19,653        1,319,895  

Ensign Group, Inc.

     8,429        783,307  

HealthEquity, Inc.*

     6,657        486,294  

Option Care Health, Inc.*

     18,547        599,995  

Patterson Cos., Inc.

     20,803        616,601  

Premier, Inc., Class A

     24,575        528,362  

Progyny, Inc.*

     8,328        283,319  

R1 RCM, Inc.*(a)

     64,839        977,124  

Select Medical Holdings Corp.

     21,785        550,507  

Tenet Healthcare Corp.*

     56,263        3,707,169  

Universal Health Services, Inc., Class B

     17,833        2,242,143  
     

 

 

 
Total Health Care Providers & Services

 

     18,883,436  
Health Care REITs – 0.5%

 

Healthcare Realty Trust, Inc.

     33,260      507,880  

Medical Properties Trust, Inc.(a)

     291,059        1,586,272  

Omega Healthcare Investors, Inc.

     45,202        1,498,898  

Physicians Realty Trust

     28,125        342,844  
     

 

 

 
Total Health Care REITs

 

     3,935,894  
Health Care Technology – 0.1%

 

Certara, Inc.*

     13,477        195,955  

Doximity, Inc., Class A*

     14,812        314,311  

Evolent Health, Inc., Class A*

     10,557        287,467  
     

 

 

 
Total Health Care Technology

 

     797,733  
Hotel & Resort REITs – 0.2%

 

Apple Hospitality REIT, Inc.

     28,782        441,516  

Park Hotels & Resorts, Inc.

     23,990        295,557  

Ryman Hospitality Properties, Inc.

     4,682        389,917  
     

 

 

 
Total Hotel & Resort REITs

 

     1,126,990  
Hotels, Restaurants & Leisure – 2.5%

 

Boyd Gaming Corp.

     32,559        1,980,564  

Choice Hotels International, Inc.

     7,146        875,456  

Churchill Downs, Inc.

     8,689        1,008,272  

Hilton Grand Vacations, Inc.*

     28,863        1,174,724  

Krispy Kreme, Inc.(a)

     14,164        176,625  

Light & Wonder, Inc.*

     70,935        5,059,793  

Marriott Vacations Worldwide Corp.

     9,473        953,268  

Papa John’s International, Inc.(a)

     4,333        295,597  

Penn Entertainment, Inc.*(a)

     22,723        521,493  

Planet Fitness, Inc., Class A*

     6,988        343,670  

Red Rock Resorts, Inc., Class A

     19,017        779,697  

SeaWorld Entertainment, Inc.*

     17,267        798,599  

Texas Roadhouse, Inc.

     8,983        863,266  

Travel & Leisure Co.

     30,486        1,119,751  

Wendy’s Co.

     24,575        501,576  

Wingstop, Inc.

     2,519        453,017  

Wyndham Hotels & Resorts, Inc.

     15,330        1,066,048  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     17,971,416  
Household Durables – 3.4%

 

KB Home

     65,256        3,020,048  

Leggett & Platt, Inc.

     31,723        806,081  

Meritage Homes Corp.

     27,417        3,355,567  

Mohawk Industries, Inc.*

     28,652        2,458,628  

Skyline Champion Corp.*

     24,179        1,540,686  

Taylor Morrison Home Corp.*

     82,317        3,507,527  

Tempur Sealy International, Inc.

     52,924        2,293,726  

Toll Brothers, Inc.

     65,524        4,846,155  

TopBuild Corp.*

     10,101        2,541,412  
     

 

 

 
Total Household Durables

 

     24,369,830  
Household Products – 0.1%

 

Reynolds Consumer Products, Inc.

     26,936        690,370  
Independent Power & Renewable Electricity Producers – 0.2%

 

Clearway Energy, Inc., Class C

     52,476        1,110,392  

Ormat Technologies, Inc.

     4,326        302,474  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     1,412,866  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  
Industrial REITs – 0.6%

 

EastGroup Properties, Inc.

     4,043      $ 673,281  

First Industrial Realty Trust, Inc.

     23,016        1,095,331  

Innovative Industrial Properties, Inc.

     3,809        288,189  

LXP Industrial Trust

     97,365        866,548  

STAG Industrial, Inc.

     22,810        787,173  

Terreno Realty Corp.

     9,687        550,222  
     

 

 

 
Total Industrial REITs

 

     4,260,744  
Insurance – 3.3%

 

American Equity Investment Life Holding Co.*

     27,602        1,480,571  

Assurant, Inc.

     13,401        1,924,115  

Brighthouse Financial, Inc.*

     42,514        2,080,635  

CNO Financial Group, Inc.

     43,071        1,022,075  

First American Financial Corp.

     27,341        1,544,493  

Hanover Insurance Group, Inc.

     7,496        831,906  

Kinsale Capital Group, Inc.

     2,083        862,633  

Old Republic International Corp.

     111,251        2,997,102  

Primerica, Inc.

     9,464        1,836,111  

Reinsurance Group of America, Inc.

     15,969        2,318,539  

RLI Corp.

     4,873        662,192  

Ryan Specialty Holdings, Inc.*

     15,074        729,582  

Selective Insurance Group, Inc.

     10,997        1,134,560  

Unum Group

     83,251        4,095,117  
     

 

 

 
Total Insurance

 

     23,519,631  
Interactive Media & Services – 0.2%

 

Bumble, Inc., Class A*

     10,869        162,165  

TripAdvisor, Inc.*

     15,581        258,333  

Ziff Davis, Inc.*(a)

     10,453        665,752  
     

 

 

 
Total Interactive Media & Services

 

     1,086,250  
IT Services – 0.3%

 

DigitalOcean Holdings, Inc.*(a)

     9,841        236,479  

DXC Technology Co.*

     88,573        1,844,976  

Thoughtworks Holding, Inc.*(a)

     47,480        193,718  
     

 

 

 
Total IT Services

 

     2,275,173  
Leisure Products – 1.4%

 

Acushnet Holdings Corp.

     13,088        694,187  

Brunswick Corp.

     29,849        2,358,071  

Hasbro, Inc.

     28,806        1,905,229  

Mattel, Inc.*

     97,463        2,147,110  

Polaris, Inc.

     15,601        1,624,688  

Topgolf Callaway Brands Corp.*(a)

     30,318        419,601  

YETI Holdings, Inc.*(a)

     15,568        750,689  
     

 

 

 
Total Leisure Products

 

     9,899,575  
Life Sciences Tools & Services – 0.3%

 

10X Genomics, Inc., Class A*

     8,721        359,741  

Azenta, Inc.*(a)

     6,188        310,576  

Bio-Techne Corp.

     12,018        818,065  

Medpace Holdings, Inc.*

     3,469        839,949  
     

 

 

 
Total Life Sciences Tools & Services

 

     2,328,331  
Machinery – 2.9%

 

Albany International Corp., Class A

     3,985        343,826  

Allison Transmission Holdings, Inc.

     34,885      2,060,308  

Chart Industries, Inc.*(a)

     3,442        582,111  

Crane Co.

     12,317        1,094,242  

Donaldson Co., Inc.

     18,805        1,121,530  

Esab Corp.

     15,547        1,091,710  

Federal Signal Corp.

     7,712        460,638  

Flowserve Corp.

     12,778        508,181  

Franklin Electric Co., Inc.

     7,073        631,124  

Hillenbrand, Inc.

     18,170        768,773  

ITT, Inc.

     13,205        1,292,902  

John Bean Technologies Corp.

     5,039        529,800  

Lincoln Electric Holdings, Inc.

     9,858        1,792,086  

Middleby Corp.*

     10,444        1,336,832  

Mueller Industries, Inc.

     29,297        2,201,963  

Oshkosh Corp.

     7,345        700,933  

RBC Bearings, Inc.*(a)

     2,397        561,210  

SPX Technologies, Inc.*

     5,797        471,876  

Terex Corp.

     17,987        1,036,411  

Timken Co.

     18,594        1,366,473  

Watts Water Technologies, Inc., Class A

     4,592        793,589  
     

 

 

 
Total Machinery

 

     20,746,518  
Marine Transportation – 0.1%

 

Kirby Corp.*

     5,522        457,222  
Media – 0.7%

 

Cable One, Inc.

     1,535        945,007  

New York Times Co., Class A

     16,738        689,606  

Nexstar Media Group, Inc.(a)

     17,199        2,465,821  

TEGNA, Inc.

     83,376        1,214,788  
     

 

 

 
Total Media

 

     5,315,222  
Metals & Mining – 3.7%

 

Alcoa Corp.

     94,717        2,752,476  

Alpha Metallurgical Resources, Inc.

     12,859        3,339,868  

Arch Resources, Inc.

     14,225        2,427,639  

ATI, Inc.*(a)

     23,655        973,403  

Cleveland-Cliffs, Inc.*

     376,016        5,877,130  

Commercial Metals Co.

     61,312        3,029,426  

Hecla Mining Co.

     52,105        203,731  

MP Materials Corp.*(a)

     29,377        561,101  

Royal Gold, Inc.

     7,398        786,629  

U.S. Steel Corp.

     173,817        5,645,576  

Worthington Industries, Inc.

     18,000        1,112,760  
     

 

 

 
Total Metals & Mining

 

     26,709,739  
Multi-Utilities – 0.2%

 

Avista Corp.

     9,733        315,057  

Black Hills Corp.

     12,272        620,841  

Northwestern Energy Group, Inc.

     9,269        445,468  
     

 

 

 
Total Multi-Utilities

 

     1,381,366  
Office REITs – 0.5%

 

COPT Defense Properties

     16,796        400,249  

Cousins Properties, Inc.

     40,558        826,167  

Douglas Emmett, Inc.

     23,051        294,131  

Equity Commonwealth

     7,778        142,882  

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

Highwoods Properties, Inc.

     24,786      $ 510,839  

Kilroy Realty Corp.

     17,586        555,893  

Vornado Realty Trust

     22,255        504,743  
     

 

 

 
Total Office REITs

 

     3,234,904  
Oil, Gas & Consumable Fuels – 7.5%

 

Antero Midstream Corp.

     94,972        1,137,764  

California Resources Corp.

     33,060        1,851,691  

Callon Petroleum Co.*(a)

     48,388        1,892,938  

Chord Energy Corp.

     15,382        2,492,961  

Civitas Resources, Inc.(a)

     44,204        3,574,777  

CNX Resources Corp.*(a)

     49,486        1,117,394  

Comstock Resources, Inc.

     167,832        1,851,187  

CONSOL Energy, Inc.

     16,770        1,759,341  

CVR Energy, Inc.(a)

     37,362        1,271,429  

Denbury, Inc.*

     11,392        1,116,530  

DT Midstream, Inc.

     20,344        1,076,604  

Equitrans Midstream Corp.

     56,921        533,350  

HighPeak Energy, Inc.(a)

     26,382        445,328  

Magnolia Oil & Gas Corp., Class A

     100,381        2,299,729  

Matador Resources Co.

     57,149        3,399,222  

Murphy Oil Corp.

     52,171        2,365,955  

Northern Oil & Gas, Inc.

     46,020        1,851,385  

PBF Energy, Inc., Class A

     105,106        5,626,324  

Peabody Energy Corp.(a)

     116,423        3,025,834  

Permian Resources Corp.(a)

     192,188        2,682,944  

Range Resources Corp.(a)

     140,722        4,560,800  

SM Energy Co.

     67,872        2,691,125  

Southwestern Energy Co.*

     733,135        4,728,721  

Vitesse Energy, Inc.

     9,500        217,455  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     53,570,788  
Paper & Forest Products – 0.4%

 

Louisiana-Pacific Corp.

     52,229        2,886,697  
Passenger Airlines – 0.2%

 

Alaska Air Group, Inc.*

     29,689        1,100,868  
Personal Care Products – 0.4%

 

BellRing Brands, Inc.*

     12,945        533,723  

Coty, Inc., Class A*

     100,157        1,098,722  

elf Beauty, Inc.*

     4,401        483,362  

Inter Parfums, Inc.

     3,495        469,518  

Olaplex Holdings, Inc.*

     171,455        334,337  
     

 

 

 
Total Personal Care Products

 

     2,919,662  
Pharmaceuticals – 0.6%

 

Corcept Therapeutics, Inc.*

     16,387        446,464  

Harmony Biosciences Holdings, Inc.*

     8,469        277,529  

Organon & Co.

     162,764        2,825,583  

Prestige Consumer Healthcare, Inc.*

     10,059        575,274  
     

 

 

 
Total Pharmaceuticals

 

     4,124,850  
Professional Services – 2.4%

 

Alight, Inc., Class A*

     81,590        578,473  

ASGN, Inc.*

     12,156        992,902  

CACI International, Inc., Class A*

     4,299        1,349,585  

Concentrix Corp.

     15,412      1,234,655  

Dun & Bradstreet Holdings, Inc.

     104,777        1,046,722  

EXL Service Holdings, Inc.*

     18,940        531,078  

Exponent, Inc.

     4,233        362,345  

FTI Consulting, Inc.*

     4,562        813,906  

Insperity, Inc.

     5,190        506,544  

KBR, Inc.(a)

     24,111        1,421,102  

Korn Ferry

     18,645        884,519  

ManpowerGroup, Inc.

     15,966        1,170,627  

Maximus, Inc.

     9,364        699,304  

Paycor HCM, Inc.*(a)

     15,762        359,847  

Robert Half, Inc.

     26,701        1,956,649  

Science Applications International Corp.

     11,133        1,174,977  

TriNet Group, Inc.*

     19,356        2,254,587  
     

 

 

 
Total Professional Services

 

     17,337,822  
Real Estate Management & Development – 0.6%

 

Howard Hughes Holdings, Inc.*

     10,607        786,297  

Jones Lang LaSalle, Inc.*

     18,680        2,637,242  

Zillow Group, Inc., Class C*

     20,786        959,482  
     

 

 

 
Total Real Estate Management & Development

 

     4,383,021  
Residential REITs – 0.3%

 

Apartment Income REIT Corp.

     76,870        2,359,909  
Retail REITs – 0.5%

 

Agree Realty Corp.

     6,619        365,633  

Brixmor Property Group, Inc.

     42,770        888,761  

Federal Realty Investment Trust

     10,647        964,938  

NNN REIT, Inc.

     21,116        746,239  

Phillips Edison & Co., Inc.

     9,716        325,875  

Spirit Realty Capital, Inc.

     19,184        643,239  
     

 

 

 
Total Retail REITs

 

     3,934,685  
Semiconductors & Semiconductor Equipment – 2.1%

 

Allegro MicroSystems, Inc.*

     17,418        556,331  

Amkor Technology, Inc.

     91,254        2,062,340  

Axcelis Technologies, Inc.*

     6,301        1,027,378  

Cirrus Logic, Inc.*

     18,459        1,365,228  

Diodes, Inc.*

     11,520        908,237  

Impinj, Inc.*(a)

     2,262        124,478  

MACOM Technology Solutions Holdings, Inc.*

     9,586        782,026  

MaxLinear, Inc.*

     28,674        637,996  

MKS Instruments, Inc.

     22,319        1,931,486  

Onto Innovation, Inc.*

     10,281        1,311,033  

Power Integrations, Inc.

     8,784        670,307  

Rambus, Inc.*

     9,769        545,013  

Silicon Laboratories, Inc.*

     3,735        432,849  

Synaptics, Inc.*

     17,882        1,599,366  

Universal Display Corp.

     4,984        782,438  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     14,736,506  
Software – 2.4%

 

Blackbaud, Inc.*

     7,573        532,533  

BlackLine, Inc.*

     5,057        280,512  

Box, Inc., Class A*

     18,545        448,974  

CCC Intelligent Solutions Holdings, Inc.*

     65,456        873,838  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  

CommVault Systems, Inc.*

     6,192      $ 418,641  

DocuSign, Inc.*

     27,979        1,175,118  

Dolby Laboratories, Inc., Class A

     8,553        677,911  

DoubleVerify Holdings, Inc.*

     14,640        409,188  

Dropbox, Inc., Class A*

     79,537        2,165,792  

EngageSmart, Inc.*

     15,979        287,462  

Envestnet, Inc.*

     5,859        257,972  

Five9, Inc.*

     5,799        372,876  

Gitlab, Inc., Class A*(a)

     7,867        355,746  

Informatica, Inc., Class A*

     41,291        870,001  

Instructure Holdings, Inc.*

     19,811        503,199  

Jamf Holding Corp.*(a)

     10,309        182,057  

Manhattan Associates, Inc.*

     5,342        1,055,900  

nCino, Inc.*

     9,490        301,782  

NCR Corp.*

     48,099        1,297,230  

PowerSchool Holdings, Inc., Class A*(a)

     19,418        440,012  

Procore Technologies, Inc.*

     12,416        811,013  

Qualys, Inc.*

     3,820        582,741  

RingCentral, Inc., Class A*

     15,928        471,947  

SPS Commerce, Inc.*

     3,070        523,773  

Tenable Holdings, Inc.*

     9,459        423,763  

Teradata Corp.*

     18,571        836,066  

Workiva, Inc.*

     3,887        393,909  
     

 

 

 
Total Software

 

     16,949,956  
Specialized REITs – 0.6%

 

CubeSmart

     18,837        718,255  

EPR Properties

     12,597        523,279  

Lamar Advertising Co., Class A

     15,391        1,284,687  

National Storage Affiliates Trust

     8,397        266,521  

Outfront Media, Inc.(a)

     27,992        282,719  

PotlatchDeltic Corp.

     24,970        1,133,388  

Rayonier, Inc.

     12,259        348,891  
     

 

 

 
Total Specialized REITs

 

     4,557,740  
Specialty Retail – 6.3%

 

Academy Sports & Outdoors, Inc.

     41,386        1,956,316  

Advance Auto Parts, Inc.

     15,003        839,118  

American Eagle Outfitters, Inc.

     38,305        636,246  

Asbury Automotive Group, Inc.*

     13,772        3,168,524  

AutoNation, Inc.*

     37,108        5,618,151  

Dick’s Sporting Goods, Inc.(a)

     34,575        3,754,154  

Five Below, Inc.*

     4,164        669,988  

Floor & Decor Holdings, Inc., Class A*

     11,850        1,072,425  

Foot Locker, Inc.

     41,146        713,883  

Gap, Inc.

     28,667        304,730  

Group 1 Automotive, Inc.

     11,033        2,964,677  

Leslie’s, Inc.*(a)

     40,323        228,228  

Lithia Motors, Inc.

     18,605        5,494,615  

Murphy USA, Inc.

     7,033        2,403,387  

National Vision Holdings, Inc.*

     6,418        103,843  

Penske Automotive Group, Inc.

     33,937        5,669,515  

RH*(a)

     9,578        2,532,040  

Urban Outfitters, Inc.*

     18,724        612,088  

Valvoline, Inc.

     35,947        1,158,931  

Victoria’s Secret & Co.*

     33,608      560,582  

Williams-Sonoma, Inc.

     30,975        4,813,515  
     

 

 

 
Total Specialty Retail

 

     45,274,956  
Technology Hardware, Storage & Peripherals – 0.8%

 

Pure Storage, Inc., Class A*

     36,339        1,294,395  

Super Micro Computer, Inc.*(a)

     16,896        4,633,221  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     5,927,616  
Textiles, Apparel & Luxury Goods – 1.7%

 

Carter’s, Inc.

     11,925        824,614  

Columbia Sportswear Co.(a)

     11,659        863,932  

Crocs, Inc.*(a)

     19,944        1,759,659  

PVH Corp.

     28,420        2,174,414  

Ralph Lauren Corp.

     14,725        1,709,425  

Skechers USA, Inc., Class A*

     28,195        1,380,145  

Steven Madden Ltd.

     23,594        749,582  

Tapestry, Inc.

     72,683        2,089,636  

Under Armour, Inc., Class A*

     109,017        746,767  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     12,298,174  
Trading Companies & Distributors – 2.3%

 

Applied Industrial Technologies, Inc.

     7,241        1,119,531  

Beacon Roofing Supply, Inc.*

     26,725        2,062,369  

Boise Cascade Co.

     30,427        3,135,198  

Core & Main, Inc., Class A*

     61,925        1,786,536  

GATX Corp.

     5,702        620,549  

Herc Holdings, Inc.

     7,598        903,706  

MSC Industrial Direct Co., Inc., Class A(a)

     12,186        1,196,056  

Rush Enterprises, Inc., Class A

     30,281        1,236,373  

SiteOne Landscape Supply, Inc.*

     7,678        1,254,969  

WESCO International, Inc.

     20,083        2,888,337  
     

 

 

 
Total Trading Companies & Distributors

 

     16,203,624  
Water Utilities – 0.1%

 

American States Water Co.

     3,472        273,177  

California Water Service Group

     5,985        283,150  
     

 

 

 
Total Water Utilities

 

     556,327  
Total United States

 

     711,721,525  
Ghana – 0.2%

 

Oil, Gas & Consumable Fuels – 0.2%

 

Kosmos Energy Ltd.*

     211,270        1,728,188  
Singapore – 0.2%

 

Semiconductors & Semiconductor Equipment – 0.2%

 

Kulicke & Soffa Industries, Inc.

     29,444        1,431,862  
TOTAL COMMON STOCKS
(Cost: $693,970,714)

 

     714,881,575  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree U.S. MidCap Dividend Fund(b)
(Cost: $269,115)
     6,682        273,695  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. MidCap Fund (EZM)

September 30, 2023

 

 

 

Investments    Shares      Value  
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: $1,980,207)      1,980,207      $ 1,980,207  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $696,220,036)

 

     717,135,477  

Other Assets less Liabilities – 0.1%

 

     743,629  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 717,879,106  
* 

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 $56,174,945 and the total market value of the collateral held by the Fund was $57,205,136. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $55,224,929.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

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

 

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 September 30, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. MidCap Dividend Fund

   $ 685,145      $ 2,784,725      $ 3,145,883      $ (34,299    $ (15,993    $ 273,695      $ 14,906  

 

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

   $ 714,881,575      $      $      $ 714,881,575  

Exchange-Traded Fund

     273,695                      273,695  

Investment of Cash Collateral for Securities Loaned

            1,980,207               1,980,207  

Total Investments in Securities

   $ 715,155,270      $ 1,980,207      $      $ 717,135,477  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.9%

 

Aerospace & Defense – 1.5%

 

Curtiss-Wright Corp.

     4,913      $ 961,130  

Lockheed Martin Corp.

     2,593        1,060,433  

Northrop Grumman Corp.

     2,253        991,748  

Parsons Corp.*

     17,793        967,050  
     

 

 

 
Total Aerospace & Defense

 

     3,980,361  
Air Freight & Logistics – 0.3%

 

Expeditors International of Washington, Inc.

     7,276        834,048  
Automobile Components – 0.4%

 

BorgWarner, Inc.

     22,989        928,066  
Banks – 0.7%

 

First Citizens BancShares, Inc., Class A

     636        877,744  

New York Community Bancorp, Inc.

     73,394        832,288  
     

 

 

 
Total Banks

 

     1,710,032  
Beverages – 0.6%

 

Coca-Cola Consolidated, Inc.

     938        596,868  

Molson Coors Beverage Co., Class B

     15,091        959,637  
     

 

 

 
Total Beverages

 

     1,556,505  
Biotechnology – 3.7%

 

AbbVie, Inc.

     7,767        1,157,749  

Amgen, Inc.

     4,127        1,109,173  

Biogen, Inc.*

     1,889        485,492  

Exelixis, Inc.*

     42,009        917,897  

Gilead Sciences, Inc.

     13,745        1,030,050  

Halozyme Therapeutics, Inc.*

     13,421        512,682  

Incyte Corp.*

     16,044        926,862  

Neurocrine Biosciences, Inc.*

     7,790        876,375  

Regeneron Pharmaceuticals, Inc.*

     901        741,487  

United Therapeutics Corp.*

     4,022        908,449  

Vertex Pharmaceuticals, Inc.*

     2,737        951,764  
     

 

 

 
Total Biotechnology

 

     9,617,980  
Broadline Retail – 0.3%

 

Dillard’s, Inc., Class A

     2,077        687,092  
Building Products – 1.0%

 

Builders FirstSource, Inc.*

     4,648        578,630  

Owens Corning

     5,237        714,379  

Simpson Manufacturing Co., Inc.

     4,441        665,306  

UFP Industries, Inc.

     6,865        702,976  
     

 

 

 
Total Building Products

 

     2,661,291  
Capital Markets – 2.7%

 

Cboe Global Markets, Inc.

     15,165        2,368,924  

CME Group, Inc.

     9,922        1,986,583  

Interactive Brokers Group, Inc., Class A

     16,503        1,428,500  

LPL Financial Holdings, Inc.

     5,438        1,292,341  
     

 

 

 
Total Capital Markets

 

     7,076,348  
Chemicals – 0.6%

 

CF Industries Holdings, Inc.

     9,871        846,340  

Mosaic Co.

     17,725        631,010  
     

 

 

 
Total Chemicals

 

     1,477,350  
Commercial Services & Supplies – 1.2%

 

Clean Harbors, Inc.*

     5,358      896,715  

Republic Services, Inc.

     7,567        1,078,373  

Waste Management, Inc.

     7,241        1,103,818  
     

 

 

 
Total Commercial Services & Supplies

 

     3,078,906  
Communications Equipment – 3.6%

 

Cisco Systems, Inc.

     59,812        3,215,493  

Juniper Networks, Inc.

     107,105        2,976,448  

Motorola Solutions, Inc.

     11,759        3,201,270  
     

 

 

 
Total Communications Equipment

 

     9,393,211  
Construction & Engineering – 0.3%

 

EMCOR Group, Inc.

     4,220        887,846  
Consumer Staples Distribution & Retail – 1.1%

 

Albertsons Cos., Inc., Class A

     39,975        909,431  

Casey’s General Stores, Inc.

     3,845        1,043,994  

Kroger Co.

     21,058        942,346  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     2,895,771  
Containers & Packaging – 0.9%

 

Graphic Packaging Holding Co.

     55,206        1,229,990  

Sonoco Products Co.

     21,586        1,173,199  
     

 

 

 
Total Containers & Packaging

 

     2,403,189  
Diversified Consumer Services – 0.8%

 

ADT, Inc.

     120,855        725,130  

H&R Block, Inc.

     30,050        1,293,953  
     

 

 

 
Total Diversified Consumer Services

 

     2,019,083  
Diversified REITs – 0.4%

 

WP Carey, Inc.

     18,306        989,988  
Diversified Telecommunication Services – 1.9%

 

AT&T, Inc.

     155,024        2,328,460  

Verizon Communications, Inc.

     83,280        2,699,105  
     

 

 

 
Total Diversified Telecommunication Services

 

     5,027,565  
Electric Utilities – 1.4%

 

Entergy Corp.

     9,321        862,192  

OGE Energy Corp.

     28,326        944,106  

PG&E Corp.*

     53,736        866,762  

Xcel Energy, Inc.

     15,899        909,741  
     

 

 

 
Total Electric Utilities

 

     3,582,801  
Electrical Equipment – 0.5%

 

Atkore, Inc.*

     3,404        507,843  

Hubbell, Inc.

     2,531        793,240  
     

 

 

 
Total Electrical Equipment

 

     1,301,083  
Electronic Equipment, Instruments & Components – 4.5%

 

Arrow Electronics, Inc.*

     21,632        2,709,192  

Insight Enterprises, Inc.*

     22,873        3,328,022  

Jabil, Inc.

     25,599        3,248,257  

National Instruments Corp.

     41,715        2,487,048  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     11,772,519  
Entertainment – 1.1%

 

Electronic Arts, Inc.

     24,109        2,902,724  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
Financial Services – 0.6%

 

Fiserv, Inc.*

     14,238      $ 1,608,324  
Food Products – 2.8%

 

Archer-Daniels-Midland Co.

     10,548        795,530  

Campbell Soup Co.

     22,192        911,647  

Conagra Brands, Inc.

     33,483        918,104  

General Mills, Inc.

     14,295        914,737  

Ingredion, Inc.

     9,816        965,894  

Kellogg Co.

     15,971        950,434  

Kraft Heinz Co.

     31,046        1,044,388  

Lamb Weston Holdings, Inc.

     9,537        881,791  
     

 

 

 
Total Food Products

 

     7,382,525  
Gas Utilities – 0.3%

 

Atmos Energy Corp.

     7,960        843,203  
Health Care Equipment & Supplies – 0.7%

 

Boston Scientific Corp.*

     19,040        1,005,312  

Zimmer Biomet Holdings, Inc.

     7,643        857,697  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,863,009  
Health Care Providers & Services – 6.0%

 

Cardinal Health, Inc.

     11,505        998,864  

Cencora, Inc.

     6,417        1,154,867  

Centene Corp.*

     12,568        865,684  

Chemed Corp.

     2,150        1,117,355  

Cigna Group

     3,376        965,772  

CVS Health Corp.

     13,012        908,498  

DaVita, Inc.*

     5,430        513,298  

Elevance Health, Inc.

     2,061        897,401  

Encompass Health Corp.

     13,010        873,751  

HCA Healthcare, Inc.

     3,253        800,173  

Henry Schein, Inc.*

     13,299        987,451  

Humana, Inc.

     1,911        929,740  

McKesson Corp.

     2,622        1,140,177  

Molina Healthcare, Inc.*

     2,887        946,618  

Option Care Health, Inc.*

     17,116        553,703  

Quest Diagnostics, Inc.

     8,283        1,009,366  

UnitedHealth Group, Inc.

     2,137        1,077,454  
     

 

 

 
Total Health Care Providers & Services

 

     15,740,172  
Hotel & Resort REITs – 0.3%

 

Host Hotels & Resorts, Inc.

     52,583        845,009  
Hotels, Restaurants & Leisure – 3.9%

 

Booking Holdings, Inc.*

     319        983,780  

Boyd Gaming Corp.

     16,953        1,031,251  

Chipotle Mexican Grill, Inc.*

     502        919,579  

Choice Hotels International, Inc.

     8,562        1,048,931  

Darden Restaurants, Inc.

     9,449        1,353,286  

Domino’s Pizza, Inc.

     2,260        856,065  

Expedia Group, Inc.*

     5,844        602,341  

Marriott International, Inc., Class A

     5,221        1,026,240  

Texas Roadhouse, Inc.

     13,419        1,289,566  

Wyndham Hotels & Resorts, Inc.

     14,784        1,028,079  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     10,139,118  
Household Durables – 1.4%

 

DR Horton, Inc.

     8,179      878,997  

Lennar Corp., Class A

     8,280        929,264  

PulteGroup, Inc.

     12,833        950,284  

Toll Brothers, Inc.

     12,242        905,418  
     

 

 

 
Total Household Durables

 

     3,663,963  
Household Products – 1.4%

 

Clorox Co.

     5,449        714,146  

Colgate-Palmolive Co.

     13,236        941,212  

Kimberly-Clark Corp.

     8,228        994,354  

Reynolds Consumer Products, Inc.

     35,044        898,177  
     

 

 

 
Total Household Products

 

     3,547,889  
Independent Power & Renewable Electricity Producers – 0.3%

 

Vistra Corp.

     20,353        675,313  
Insurance – 8.6%

 

Aflac, Inc.

     26,260        2,015,455  

Brown & Brown, Inc.

     23,066        1,610,929  

CNA Financial Corp.

     49,967        1,966,201  

Globe Life, Inc.

     19,394        2,108,710  

Kinsale Capital Group, Inc.

     2,619        1,084,606  

Loews Corp.

     32,357        2,048,522  

Markel Group, Inc.*

     1,437        2,115,968  

Reinsurance Group of America, Inc.

     12,677        1,840,574  

RLI Corp.

     13,184        1,791,574  

Selective Insurance Group, Inc.

     19,300        1,991,181  

Unum Group

     33,796        1,662,425  

W R Berkley Corp.

     31,855        2,022,474  
     

 

 

 
Total Insurance

 

     22,258,619  
IT Services – 7.6%

 

Akamai Technologies, Inc.*

     26,818        2,857,189  

Cognizant Technology Solutions Corp., Class A

     36,677        2,484,500  

EPAM Systems, Inc.*

     6,019        1,538,998  

Gartner, Inc.*

     9,080        3,119,979  

GoDaddy, Inc., Class A*

     40,160        2,991,117  

International Business Machines Corp.

     24,493        3,436,368  

VeriSign, Inc.*

     16,041        3,248,784  
     

 

 

 
Total IT Services

 

     19,676,935  
Life Sciences Tools & Services – 0.2%

 

Medpace Holdings, Inc.*

     1,842        446,003  
Machinery – 1.5%

 

Caterpillar, Inc.

     2,863        781,599  

Donaldson Co., Inc.

     15,799        942,252  

PACCAR, Inc.

     12,657        1,076,098  

Snap-on, Inc.

     3,811        972,034  
     

 

 

 
Total Machinery

 

     3,771,983  
Media – 4.5%

 

Comcast Corp., Class A

     55,253        2,449,918  

Fox Corp., Class A

     85,034        2,653,061  

Liberty Media Corp.-Liberty SiriusXM, Class C*

     84,154        2,142,561  

New York Times Co., Class A

     52,240        2,152,288  

Omnicom Group, Inc.

     32,454        2,417,174  
     

 

 

 
Total Media

 

     11,815,002  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Multifactor Fund (USMF)

September 30, 2023

 

 

 

Investments    Shares      Value  
Metals & Mining – 1.0%

 

Commercial Metals Co.

     15,098      $ 745,992  

Reliance Steel & Aluminum Co.

     4,216        1,105,562  

Steel Dynamics, Inc.

     6,610        708,724  
     

 

 

 
Total Metals & Mining

 

     2,560,278  
Multi-Utilities – 0.4%

 

Consolidated Edison, Inc.

     11,441        978,549  
Oil, Gas & Consumable Fuels – 4.5%

 

Chesapeake Energy Corp.(a)

     10,178        877,649  

Chord Energy Corp.

     5,116        829,150  

ConocoPhillips

     7,166        858,487  

Coterra Energy, Inc.

     30,598        827,676  

EOG Resources, Inc.

     6,532        827,996  

EQT Corp.

     16,586        673,060  

Exxon Mobil Corp.

     10,531        1,238,235  

HF Sinclair Corp.

     15,178        864,084  

Marathon Petroleum Corp.

     7,327        1,108,868  

PBF Energy, Inc., Class A

     15,349        821,632  

Phillips 66

     8,783        1,055,277  

Southwestern Energy Co.*

     106,626        687,738  

Valero Energy Corp.

     6,918        980,350  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     11,650,202  
Passenger Airlines – 0.2%

 

United Airlines Holdings, Inc.*

     13,004        550,069  
Pharmaceuticals – 2.4%

 

Bristol-Myers Squibb Co.

     19,869        1,153,197  

Eli Lilly & Co.

     1,410        757,353  

Johnson & Johnson

     7,019        1,093,209  

Merck & Co., Inc.

     9,915        1,020,749  

Organon & Co.

     31,794        551,944  

Pfizer, Inc.

     29,451        976,890  

Viatris, Inc.

     78,315        772,186  
     

 

 

 
Total Pharmaceuticals

 

     6,325,528  
Professional Services – 1.4%

 

CACI International, Inc., Class A*

     3,337        1,047,584  

Leidos Holdings, Inc.

     9,589        883,722  

Science Applications International Corp.

     9,697        1,023,421  

TriNet Group, Inc.*

     6,276        731,029  
     

 

 

 
Total Professional Services

 

     3,685,756  
Retail REITs – 0.4%

 

NNN REIT, Inc.

     32,814        1,159,647  
Semiconductors & Semiconductor Equipment – 1.5%

 

Broadcom, Inc.

     2,561        2,127,116  

Rambus, Inc.*

     29,423        1,641,509  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     3,768,625  
Software – 9.3%

 

AppLovin Corp., Class A*

     34,046        1,360,478  

CCC Intelligent Solutions Holdings, Inc.*

     264,855        3,535,814  

Dropbox, Inc., Class A*

     97,573        2,656,913  

Fair Isaac Corp.*

     2,051        1,781,355  

Fortinet, Inc.*

     26,261        1,540,995  

New Relic, Inc.*

     19,740      1,690,139  

Oracle Corp.

     23,948        2,536,572  

Palo Alto Networks, Inc.*

     7,344        1,721,727  

Qualys, Inc.*

     13,063        1,992,761  

Salesforce, Inc.*

     9,583        1,943,241  

VMware, Inc., Class A*

     21,376        3,558,677  
     

 

 

 
Total Software

 

     24,318,672  
Specialized REITs – 1.2%

 

CubeSmart

     23,100        880,803  

Gaming & Leisure Properties, Inc.

     25,132        1,144,762  

VICI Properties, Inc.

     37,996        1,105,684  
     

 

 

 
Total Specialized REITs

 

     3,131,249  
Specialty Retail – 4.0%

 

AutoNation, Inc.*

     4,561        690,535  

AutoZone, Inc.*

     511        1,297,935  

Dick’s Sporting Goods, Inc.

     5,685        617,277  

Murphy USA, Inc.

     4,090        1,397,676  

O’Reilly Automotive, Inc.*

     1,496        1,359,655  

Penske Automotive Group, Inc.

     5,384        899,451  

TJX Cos., Inc.

     14,473        1,286,360  

Tractor Supply Co.

     5,221        1,060,124  

Ulta Beauty, Inc.*

     2,884        1,152,014  

Williams-Sonoma, Inc.

     4,882        758,663  
     

 

 

 
Total Specialty Retail

 

     10,519,690  
Technology Hardware, Storage & Peripherals – 1.7%

 

NetApp, Inc.

     35,630        2,703,604  

Super Micro Computer, Inc.*

     6,004        1,646,417  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     4,350,021  
Tobacco – 0.4%

 

Altria Group, Inc.

     23,839        1,002,430  
Trading Companies & Distributors – 0.7%

 

Applied Industrial Technologies, Inc.

     5,103        788,975  

MSC Industrial Direct Co., Inc., Class A

     11,612        1,139,718  
     

 

 

 
Total Trading Companies & Distributors

 

     1,928,693  
Wireless Telecommunication Services – 1.2%

 

T-Mobile U.S., Inc.*

     22,352        3,130,398  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $248,129,179)

 

     260,120,633  

Other Assets less Liabilities – 0.1%

 

     250,786  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 260,371,419  
* 

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 was $874,372 and the total market value of the collateral held by the Fund was $898,058, which was entirely composed of non-cash U.S. Government securities.

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Multifactor Fund (USMF)

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

   $ 260,120,633      $      $      $ 260,120,633  

Total Investments in Securities

   $ 260,120,633      $      $      $ 260,120,633  

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.8%

 

Aerospace & Defense – 1.5%

 

BWX Technologies, Inc.

     45,901      $ 3,441,657  

Curtiss-Wright Corp.

     10,050        1,966,082  

General Dynamics Corp.

     181,665        40,142,515  

HEICO Corp.

     15,796        2,557,846  

Hexcel Corp.

     16,118        1,049,927  

Howmet Aerospace, Inc.

     60,266        2,787,303  

Huntington Ingalls Industries, Inc.

     27,942        5,716,374  

Lockheed Martin Corp.

     208,916        85,438,287  

Textron, Inc.

     30,888        2,413,588  

Woodward, Inc.

     12,082        1,501,309  
     

 

 

 
Total Aerospace & Defense

 

     147,014,888  
Air Freight & Logistics – 1.9%

 

FedEx Corp.

     218,574        57,904,624  

United Parcel Service, Inc., Class B

     797,807        124,354,177  
     

 

 

 
Total Air Freight & Logistics

 

     182,258,801  
Automobile Components – 0.2%

 

BorgWarner, Inc.

     126,058        5,088,961  

Gentex Corp.

     134,684        4,382,617  

Lear Corp.

     40,708        5,463,014  
     

 

 

 
Total Automobile Components

 

     14,934,592  
Banks – 2.5%

 

First Citizens BancShares, Inc., Class A

     2,771        3,824,257  

First Interstate BancSystem, Inc., Class A

     134,136        3,345,352  

M&T Bank Corp.

     164,981        20,861,848  

U.S. Bancorp

     2,086,657        68,984,880  

Wells Fargo & Co.

     3,407,072        139,212,962  

Western Alliance Bancorp

     85,158        3,914,713  
     

 

 

 
Total Banks

 

     240,144,012  
Beverages – 4.5%

 

Brown-Forman Corp., Class B

     170,031        9,809,089  

Coca-Cola Co.

     3,878,415        217,113,672  

Coca-Cola Consolidated, Inc.

     1,198        762,311  

Constellation Brands, Inc., Class A

     74,149        18,635,868  

PepsiCo, Inc.

     1,119,862        189,749,417  
     

 

 

 
Total Beverages

 

     436,070,357  
Biotechnology – 1.3%

 

Amgen, Inc.

     469,352        126,143,044  
Broadline Retail – 0.2%

 

eBay, Inc.

     352,616        15,546,839  
Building Products – 0.4%

 

A O Smith Corp.

     82,825        5,477,217  

AAON, Inc.

     9,187        522,465  

Advanced Drainage Systems, Inc.

     17,677        2,012,173  

Carlisle Cos., Inc.

     19,112        4,954,977  

Carrier Global Corp.

     381,778        21,074,146  

Lennox International, Inc.

     19,926        7,461,091  
     

 

 

 
Total Building Products

 

     41,502,069  
Capital Markets – 5.0%

 

Ameriprise Financial, Inc.

     54,452      17,951,735  

Bank of New York Mellon Corp.

     870,337        37,119,873  

Charles Schwab Corp.

     635,563        34,892,409  

Evercore, Inc., Class A

     35,574        4,904,943  

FactSet Research Systems, Inc.

     10,036        4,388,341  

Goldman Sachs Group, Inc.

     296,169        95,831,403  

Houlihan Lokey, Inc.

     32,922        3,526,605  

Interactive Brokers Group, Inc., Class A

     21,133        1,829,272  

Jefferies Financial Group, Inc.

     233,957        8,569,845  

LPL Financial Holdings, Inc.

     15,850        3,766,753  

MarketAxess Holdings, Inc.

     11,451        2,446,392  

Moody’s Corp.

     57,921        18,312,883  

Morgan Stanley

     1,889,917        154,349,521  

Morningstar, Inc.

     8,095        1,896,173  

MSCI, Inc.

     26,164        13,424,225  

Nasdaq, Inc.

     179,907        8,741,681  

S&P Global, Inc.

     102,693        37,525,049  

SEI Investments Co.

     63,862        3,846,408  

Stifel Financial Corp.

     64,517        3,963,925  

T Rowe Price Group, Inc.

     280,462        29,412,050  
     

 

 

 
Total Capital Markets

 

     486,699,486  
Chemicals – 1.7%

 

Air Products & Chemicals, Inc.

     148,460        42,073,564  

Celanese Corp.(a)

     88,108        11,059,316  

Chemours Co.

     163,248        4,579,106  

Corteva, Inc.

     209,552        10,720,680  

DuPont de Nemours, Inc.

     301,012        22,452,485  

Ecolab, Inc.

     124,617        21,110,120  

FMC Corp.

     68,938        4,616,778  

H B Fuller Co.

     13,024        893,577  

PPG Industries, Inc.

     144,092        18,703,142  

RPM International, Inc.

     73,072        6,927,956  

Sherwin-Williams Co.

     78,874        20,116,814  
     

 

 

 
Total Chemicals

 

     163,253,538  
Commercial Services & Supplies – 0.8%

 

Cintas Corp.

     33,797        16,256,695  

MSA Safety, Inc.

     18,007        2,838,803  

Republic Services, Inc.

     146,329        20,853,346  

Rollins, Inc.

     212,694        7,939,867  

Tetra Tech, Inc.

     12,205        1,855,526  

Waste Management, Inc.

     205,915        31,389,683  
     

 

 

 
Total Commercial Services & Supplies

 

     81,133,920  
Communications Equipment – 2.6%

 

Cisco Systems, Inc.

     4,114,354        221,187,671  

Juniper Networks, Inc.

     259,197        7,203,085  

Motorola Solutions, Inc.

     71,922        19,580,045  
     

 

 

 
Total Communications Equipment

 

     247,970,801  
Construction & Engineering – 0.1%

 

Comfort Systems USA, Inc.

     7,033        1,198,493  

EMCOR Group, Inc.

     6,251        1,315,148  

MDU Resources Group, Inc.

     183,105        3,585,196  

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  

Quanta Services, Inc.

     22,023      $ 4,119,843  

Valmont Industries, Inc.

     6,695        1,608,206  
     

 

 

 
Total Construction & Engineering

 

     11,826,886  
Construction Materials – 0.2%

 

Eagle Materials, Inc.

     11,321        1,885,173  

Martin Marietta Materials, Inc.

     15,611        6,408,003  

Vulcan Materials Co.

     36,651        7,404,235  
     

 

 

 
Total Construction Materials

 

     15,697,411  
Consumer Finance – 0.6%

 

American Express Co.

     328,773        49,049,644  

FirstCash Holdings, Inc.

     19,381        1,945,465  

SLM Corp.

     200,610        2,732,308  
     

 

 

 
Total Consumer Finance

 

     53,727,417  
Consumer Staples Distribution & Retail – 3.6%

 

Costco Wholesale Corp.

     104,573        59,079,562  

Dollar General Corp.

     64,534        6,827,697  

Sysco Corp.

     384,483        25,395,102  

Target Corp.

     417,011        46,108,906  

Walmart, Inc.

     1,305,246        208,747,993  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     346,159,260  
Containers & Packaging – 0.2%

 

AptarGroup, Inc.

     30,059        3,758,577  

Avery Dennison Corp.

     42,694        7,798,913  

Berry Global Group, Inc.

     63,779        3,948,558  

Graphic Packaging Holding Co.

     183,346        4,084,949  

Sealed Air Corp.

     62,763        2,062,392  
     

 

 

 
Total Containers & Packaging

 

     21,653,389  
Distributors – 0.3%

 

Genuine Parts Co.

     90,306        13,038,380  

LKQ Corp.

     169,965        8,414,967  

Pool Corp.

     15,749        5,608,219  
     

 

 

 
Total Distributors

 

     27,061,566  
Electrical Equipment – 0.8%

 

AMETEK, Inc.

     52,595        7,771,437  

Emerson Electric Co.

     422,481        40,798,990  

Hubbell, Inc.

     34,680        10,869,059  

Rockwell Automation, Inc.

     66,438        18,992,631  

Vertiv Holdings Co.

     66,654        2,479,529  
     

 

 

 
Total Electrical Equipment

 

     80,911,646  
Electronic Equipment, Instruments & Components – 0.4%

 

Amphenol Corp., Class A

     198,094        16,637,915  

CDW Corp.

     52,685        10,629,725  

Cognex Corp.

     36,740        1,559,246  

Crane NXT Co.

     36,076        2,004,743  

Jabil, Inc.

     21,920        2,781,429  

TD SYNNEX Corp.

     37,581        3,752,839  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     37,365,897  
Energy Equipment & Services – 0.2%

 

ChampionX Corp.

     69,189        2,464,512  

Halliburton Co.

     382,537        15,492,748  

NOV, Inc.

     119,095      2,489,086  

Patterson-UTI Energy, Inc.

     130,367        1,804,279  
     

 

 

 
Total Energy Equipment & Services

 

     22,250,625  
Entertainment – 0.1%

 

Electronic Arts, Inc.

     52,289        6,295,596  
Financial Services – 1.8%

 

Jack Henry & Associates, Inc.

     24,368        3,682,980  

Mastercard, Inc., Class A

     170,118        67,351,417  

Visa, Inc., Class A

     443,661        102,046,467  
     

 

 

 
Total Financial Services

 

     173,080,864  
Food Products – 1.0%

 

Campbell Soup Co.

     276,845        11,372,792  

General Mills, Inc.

     475,437        30,423,214  

Hershey Co.

     85,761        17,159,061  

Ingredion, Inc.

     64,981        6,394,130  

Lamb Weston Holdings, Inc.

     48,985        4,529,153  

Lancaster Colony Corp.

     14,225        2,347,552  

McCormick & Co., Inc., Non-Voting Shares

     158,450        11,985,158  

Tyson Foods, Inc., Class A

     292,437        14,765,144  
     

 

 

 
Total Food Products

 

     98,976,204  
Gas Utilities – 0.2%

 

National Fuel Gas Co.

     82,033        4,258,333  

Southwest Gas Holdings, Inc.

     74,873        4,523,078  

UGI Corp.

     248,597        5,717,731  
     

 

 

 
Total Gas Utilities

 

     14,499,142  
Ground Transportation – 1.7%

 

CSX Corp.

     852,725        26,221,294  

Landstar System, Inc.

     9,433        1,669,075  

Norfolk Southern Corp.

     149,626        29,465,848  

Old Dominion Freight Line, Inc.

     19,035        7,787,980  

Union Pacific Corp.

     490,686        99,918,390  
     

 

 

 
Total Ground Transportation

 

     165,062,587  
Health Care Equipment & Supplies – 0.5%

 

Cooper Cos., Inc.

     8,376        2,663,652  

ResMed, Inc.

     38,974        5,763,085  

Stryker Corp.

     143,724        39,275,458  

Teleflex, Inc.

     11,279        2,215,308  
     

 

 

 
Total Health Care Equipment & Supplies

 

     49,917,503  
Health Care Providers & Services – 3.6%

 

Cardinal Health, Inc.

     219,140        19,025,735  

Cencora, Inc.

     76,047        13,686,179  

Chemed Corp.

     2,586        1,343,944  

Cigna Group

     136,078        38,927,833  

Elevance Health, Inc.

     75,882        33,040,540  

Encompass Health Corp.

     41,620        2,795,199  

Ensign Group, Inc.

     5,603        520,687  

HCA Healthcare, Inc.

     86,454        21,265,955  

Humana, Inc.

     23,859        11,607,881  

McKesson Corp.

     26,207        11,396,114  

UnitedHealth Group, Inc.

     372,921        188,023,039  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  

Universal Health Services, Inc., Class B

     14,423      $ 1,813,404  
     

 

 

 
Total Health Care Providers & Services

 

     343,446,510  
Health Care REITs – 0.2%

 

Ventas, Inc.

     507,809        21,393,993  
Hotels, Restaurants & Leisure – 3.1%

 

Aramark

     85,204        2,956,579  

Churchill Downs, Inc.

     21,211        2,461,324  

Darden Restaurants, Inc.

     134,567        19,272,686  

Domino’s Pizza, Inc.

     15,183        5,751,169  

Hilton Worldwide Holdings, Inc.

     46,877        7,039,988  

Marriott International, Inc., Class A

     99,994        19,654,821  

McDonald’s Corp.

     529,530        139,499,383  

Starbucks Corp.

     756,369        69,033,799  

Texas Roadhouse, Inc.

     45,874        4,408,491  

Vail Resorts, Inc.(a)

     39,714        8,812,139  

Wendy’s Co.

     165,220        3,372,140  

Yum! Brands, Inc.

     157,173        19,637,195  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     301,899,714  
Household Durables – 0.2%

 

DR Horton, Inc.

     129,892        13,959,493  
Household Products – 3.9%

 

Church & Dwight Co., Inc.

     101,513        9,301,636  

Colgate-Palmolive Co.

     650,612        46,265,019  

Kimberly-Clark Corp.

     367,884        44,458,782  

Procter & Gamble Co.

     1,887,734        275,344,881  
     

 

 

 
Total Household Products

 

     375,370,318  
Independent Power & Renewable Electricity Producers – 0.1%

 

AES Corp.

     499,493        7,592,294  

Ormat Technologies, Inc.

     14,896        1,041,528  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     8,633,822  
Industrial Conglomerates – 1.8%

 

3M Co.

     832,616        77,949,510  

General Electric Co.

     186,619        20,630,730  

Honeywell International, Inc.

     415,567        76,771,848  
     

 

 

 
Total Industrial Conglomerates

 

     175,352,088  
Insurance – 2.2%

 

American International Group, Inc.

     496,485        30,086,991  

Arthur J Gallagher & Co.

     71,321        16,256,196  

Assurant, Inc.

     37,660        5,407,223  

Brown & Brown, Inc.

     68,805        4,805,341  

Cincinnati Financial Corp.

     126,711        12,961,268  

CNA Financial Corp.

     336,881        13,256,267  

Erie Indemnity Co., Class A

     27,586        8,104,491  

First American Financial Corp.

     128,809        7,276,420  

Globe Life, Inc.

     27,836        3,026,608  

Hanover Insurance Group, Inc.

     29,248        3,245,943  

Hartford Financial Services Group, Inc.

     245,878        17,435,209  

Kinsale Capital Group, Inc.

     3,577        1,481,343  

Marsh & McLennan Cos., Inc.

     225,019        42,821,116  

Primerica, Inc.

     18,119        3,515,267  

Progressive Corp.

     102,760        14,314,468  

Selective Insurance Group, Inc.

     21,450      2,212,996  

Travelers Cos., Inc.

     146,738        23,963,783  

W R Berkley Corp.

     44,797        2,844,162  
     

 

 

 
Total Insurance

 

     213,015,092  
IT Services – 0.2%

 

Cognizant Technology Solutions Corp., Class A

     296,167        20,062,353  
Leisure Products – 0.2%

 

Brunswick Corp.

     47,886        3,782,994  

Hasbro, Inc.

     194,185        12,843,396  

Polaris, Inc.

     46,145        4,805,540  
     

 

 

 
Total Leisure Products

 

     21,431,930  
Life Sciences Tools & Services – 0.5%

 

Agilent Technologies, Inc.

     57,703        6,452,350  

Bruker Corp.

     26,193        1,631,824  

Thermo Fisher Scientific, Inc.

     64,649        32,723,384  

West Pharmaceutical Services, Inc.

     12,871        4,829,328  
     

 

 

 
Total Life Sciences Tools & Services

 

     45,636,886  
Machinery – 3.3%

 

Allison Transmission Holdings, Inc.

     46,796        2,763,772  

Caterpillar, Inc.

     347,552        94,881,696  

Cummins, Inc.

     119,273        27,249,110  

Deere & Co.

     101,631        38,353,507  

Donaldson Co., Inc.

     68,114        4,062,319  

Dover Corp.

     60,557        8,448,307  

Flowserve Corp.

     100,997        4,016,651  

Graco, Inc.

     66,877        4,873,996  

IDEX Corp.

     28,057        5,836,417  

Illinois Tool Works, Inc.

     231,097        53,223,950  

ITT, Inc.

     26,638        2,608,127  

Lincoln Electric Holdings, Inc.

     34,469        6,266,119  

Nordson Corp.

     19,361        4,320,794  

Oshkosh Corp.

     40,115        3,828,174  

Parker-Hannifin Corp.

     74,160        28,886,803  

Snap-on, Inc.

     48,755        12,435,450  

Timken Co.

     46,579        3,423,091  

Toro Co.

     39,005        3,241,315  

Xylem, Inc.

     67,131        6,110,935  
     

 

 

 
Total Machinery

 

     314,830,533  
Media – 0.2%

 

New York Times Co., Class A

     79,246        3,264,935  

News Corp., Class A

     193,697        3,885,562  

Nexstar Media Group, Inc.

     25,283        3,624,824  

Sirius XM Holdings, Inc.(a)

     2,103,840        9,509,357  

TEGNA, Inc.

     154,217        2,246,941  
     

 

 

 
Total Media

 

     22,531,619  
Metals & Mining – 0.0%

 

Royal Gold, Inc.

     26,610        2,829,441  
Multi-Utilities – 0.2%

 

CMS Energy Corp.

     292,209        15,519,220  
Oil, Gas & Consumable Fuels – 0.4%

 

Comstock Resources, Inc.

     246,796        2,722,160  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  

EQT Corp.

     188,776      $ 7,660,530  

Murphy Oil Corp.

     116,527        5,284,499  

Ovintiv, Inc.

     152,193        7,239,821  

Targa Resources Corp.

     133,971        11,483,994  

Texas Pacific Land Corp.

     1,964        3,581,472  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     37,972,476  
Paper & Forest Products – 0.0%

 

Louisiana-Pacific Corp.

     33,302        1,840,602  
Personal Care Products – 0.1%

 

Estee Lauder Cos., Inc., Class A

     85,258        12,324,044  
Pharmaceuticals – 7.8%

 

Eli Lilly & Co.

     327,070        175,679,109  

Johnson & Johnson

     2,144,182        333,956,347  

Merck & Co., Inc.

     2,177,106        224,133,063  

Zoetis, Inc.

     126,985        22,092,850  
     

 

 

 
Total Pharmaceuticals

 

     755,861,369  
Professional Services – 1.6%

 

Automatic Data Processing, Inc.

     254,528        61,234,346  

Booz Allen Hamilton Holding Corp.

     70,599        7,714,353  

Broadridge Financial Solutions, Inc.

     76,111        13,627,675  

Equifax, Inc.

     33,123        6,067,471  

Exponent, Inc.

     15,390        1,317,384  

Insperity, Inc.

     21,722        2,120,067  

Jacobs Solutions, Inc.

     28,128        3,839,472  

KBR, Inc.

     36,397        2,145,239  

Leidos Holdings, Inc.

     60,236        5,551,350  

Maximus, Inc.

     24,752        1,848,479  

Paychex, Inc.

     294,825        34,002,167  

Robert Half, Inc.

     79,549        5,829,351  

Verisk Analytics, Inc.

     32,538        7,686,777  
     

 

 

 
Total Professional Services

 

     152,984,131  
Semiconductors & Semiconductor Equipment – 9.3%

 

Applied Materials, Inc.

     272,809        37,770,406  

Broadcom, Inc.

     405,794        337,044,381  

KLA Corp.

     61,961        28,419,032  

Lam Research Corp.

     66,955        41,965,385  

Micron Technology, Inc.

     300,237        20,425,123  

Monolithic Power Systems, Inc.

     12,186        5,629,932  

NVIDIA Corp.

     419,332        182,405,227  

QUALCOMM, Inc.

     883,155        98,083,194  

Skyworks Solutions, Inc.

     138,748        13,679,165  

Teradyne, Inc.

     30,206        3,034,495  

Texas Instruments, Inc.

     818,352        130,126,152  

Universal Display Corp.

     15,701        2,464,900  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     901,047,392  
Software – 10.7%

 

Bentley Systems, Inc., Class B

     47,466        2,380,894  

Dolby Laboratories, Inc., Class A

     24,841        1,968,898  

Gen Digital, Inc.

     472,682        8,357,018  

Intuit, Inc.

     71,221        36,389,658  

Microsoft Corp.

     2,627,661        829,683,961  

Oracle Corp.

     1,408,033      149,138,855  

Roper Technologies, Inc.

     20,892        10,117,578  
     

 

 

 
Total Software

 

     1,038,036,862  
Specialized REITs – 0.8%

 

Extra Space Storage, Inc.

     163,745        19,908,117  

Lamar Advertising Co., Class A

     130,225        10,869,881  

Public Storage

     160,205        42,217,222  

SBA Communications Corp.

     34,213        6,848,416  
     

 

 

 
Total Specialized REITs

 

     79,843,636  
Specialty Retail – 4.5%

 

Academy Sports & Outdoors, Inc.

     19,177        906,497  

Advance Auto Parts, Inc.

     61,958        3,465,311  

Best Buy Co., Inc.

     303,465        21,081,713  

Dick’s Sporting Goods, Inc.

     32,403        3,518,318  

Home Depot, Inc.

     784,498        237,043,916  

Lowe’s Cos., Inc.

     400,154        83,168,007  

Ross Stores, Inc.

     119,941        13,547,336  

TJX Cos., Inc.

     557,747        49,572,553  

Tractor Supply Co.

     58,076        11,792,332  

Williams-Sonoma, Inc.

     59,864        9,302,866  
     

 

 

 
Total Specialty Retail

 

     433,398,849  
Technology Hardware, Storage & Peripherals – 6.2%

 

Apple, Inc.

     3,233,084        553,536,312  

HP, Inc.

     1,188,173        30,536,046  

NetApp, Inc.

     217,043        16,469,223  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     600,541,581  
Textiles, Apparel & Luxury Goods – 0.6%

 

Columbia Sportswear Co.

     23,670        1,753,947  

NIKE, Inc., Class B

     504,487        48,239,047  

Ralph Lauren Corp.

     39,891        4,630,946  

Tapestry, Inc.

     259,165        7,450,994  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     62,074,934  
Tobacco – 3.3%

 

Altria Group, Inc.

     2,665,443        112,081,878  

Philip Morris International, Inc.

     2,243,966        207,746,372  
     

 

 

 
Total Tobacco

 

     319,828,250  
Trading Companies & Distributors – 0.5%

 

Applied Industrial Technologies, Inc.

     9,347        1,445,140  

Fastenal Co.

     444,024        24,261,471  

Herc Holdings, Inc.

     17,460        2,076,692  

MSC Industrial Direct Co., Inc., Class A

     53,050        5,206,858  

WW Grainger, Inc.

     20,315        14,054,730  
     

 

 

 
Total Trading Companies & Distributors

 

     47,044,891  
Water Utilities – 0.0%

 

American States Water Co.

     17,597        1,384,532  
TOTAL COMMON STOCKS
(Cost: $8,811,568,431)

 

     9,647,254,901  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Quality Dividend Growth Fund (DGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

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

     
(Cost: $9,953,796)      9,953,796      $ 9,953,796  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $8,821,522,227)

 

     9,657,208,697  

Other Assets less Liabilities – 0.1%

 

     8,004,265  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 9,665,212,962  
(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 $28,190,025 and the total market value of the collateral held by the Fund was $29,947,461. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $19,993,665.

 

(b) 

Rate shown represents annualized 7-day yield as of 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

   $ 9,647,254,901      $      $      $ 9,647,254,901  

Investment of Cash Collateral for Securities Loaned

            9,953,796               9,953,796  

Total Investments in Securities

   $ 9,647,254,901      $ 9,953,796      $      $ 9,657,208,697  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited)

WisdomTree U.S. Quality Growth Fund (QGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

United States – 100.0%

 

Aerospace & Defense – 0.2%

 

Axon Enterprise, Inc.*

     398      $ 79,198  
Air Freight & Logistics – 1.6%

 

CH Robinson Worldwide, Inc.

     618        53,228  

Expeditors International of Washington, Inc.

     804        92,162  

United Parcel Service, Inc., Class B

     4,580        713,885  
     

 

 

 
Total Air Freight & Logistics

 

     859,275  
Automobiles – 4.5%

 

Tesla, Inc.*

     9,728        2,434,140  
Beverages – 0.6%

 

Monster Beverage Corp.*

     5,643        298,797  
Biotechnology – 1.4%

 

Incyte Corp.*

     1,169        67,533  

Seagen, Inc.*

     1,004        212,999  

Vertex Pharmaceuticals, Inc.*

     1,356        471,535  
     

 

 

 
Total Biotechnology

 

     752,067  
Broadline Retail – 5.1%

 

Amazon.com, Inc.*

     21,719        2,760,919  
Building Products – 0.2%

 

Builders FirstSource, Inc.*

     684        85,151  
Capital Markets – 3.7%

 

Blackstone, Inc.

     6,361        681,517  

FactSet Research Systems, Inc.

     201        87,889  

LPL Financial Holdings, Inc.

     404        96,011  

Moody’s Corp.

     978        309,214  

MSCI, Inc.

     421        216,007  

S&P Global, Inc.

     1,704        622,659  
     

 

 

 
Total Capital Markets

 

     2,013,297  
Chemicals – 0.6%

 

Celanese Corp.

     549        68,910  

CF Industries Holdings, Inc.

     1,016        87,112  

Dow, Inc.

     3,612        186,235  
     

 

 

 
Total Chemicals

 

     342,257  
Commercial Services & Supplies – 0.6%

 

Copart, Inc.*

     5,146        221,741  

Rollins, Inc.

     2,630        98,178  
     

 

 

 
Total Commercial Services & Supplies

 

     319,919  
Communications Equipment – 0.6%

 

Arista Networks, Inc.*

     1,708        314,152  
Distributors – 0.1%

 

Pool Corp.

     201        71,576  
Entertainment – 1.9%

 

Netflix, Inc.*

     2,424        915,302  

Take-Two Interactive Software, Inc.*

     913        128,176  
     

 

 

 
Total Entertainment

 

     1,043,478  
Financial Services – 6.4%

 

Block, Inc.*

     3,167        140,171  

Mastercard, Inc., Class A

     3,748        1,483,871  

Visa, Inc., Class A

     8,045      1,850,431  
     

 

 

 
Total Financial Services

 

     3,474,473  
Ground Transportation – 0.6%

 

JB Hunt Transport Services, Inc.

     555        104,629  

Old Dominion Freight Line, Inc.

     588        240,574  
     

 

 

 
Total Ground Transportation

 

     345,203  
Health Care Equipment & Supplies – 2.6%

 

Align Technology, Inc.*

     405        123,655  

Dexcom, Inc.*

     2,026        189,026  

Edwards Lifesciences Corp.*

     3,261        225,922  

IDEXX Laboratories, Inc.*

     450        196,772  

Insulet Corp.*

     357        56,938  

Intuitive Surgical, Inc.*

     1,891        552,720  

Penumbra, Inc.*

     207        50,075  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,395,108  
Health Care Providers & Services – 3.6%

 

Molina Healthcare, Inc.*

     316        103,613  

UnitedHealth Group, Inc.

     3,618        1,824,160  
     

 

 

 
Total Health Care Providers & Services

 

     1,927,773  
Health Care Technology – 0.3%

 

Veeva Systems, Inc., Class A*

     871        177,205  
Hotels, Restaurants & Leisure – 2.2%

 

Chipotle Mexican Grill, Inc.*

     150        274,775  

DoorDash, Inc., Class A*

     2,092        166,251  

Starbucks Corp.

     6,071        554,100  

Yum! Brands, Inc.

     1,479        184,786  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     1,179,912  
Household Durables – 1.0%

 

DR Horton, Inc.

     1,791        192,479  

Lennar Corp., Class A

     1,502        168,569  

NVR, Inc.*

     16        95,413  

PulteGroup, Inc.

     1,174        86,935  
     

 

 

 
Total Household Durables

 

     543,396  
Insurance – 0.8%

 

Progressive Corp.

     3,144        437,959  
Interactive Media & Services – 10.6%

 

Alphabet, Inc., Class A*

     27,002        3,533,482  

Meta Platforms, Inc., Class A*

     6,892        2,069,047  

Pinterest, Inc., Class A*

     3,672        99,254  
     

 

 

 
Total Interactive Media & Services

 

     5,701,783  
IT Services – 0.6%

 

EPAM Systems, Inc.*

     314        80,287  

Gartner, Inc.*

     417        143,285  

VeriSign, Inc.*

     547        110,784  
     

 

 

 
Total IT Services

 

     334,356  
Life Sciences Tools & Services – 0.5%

 

Mettler-Toledo International, Inc.*

     121        134,077  

West Pharmaceutical Services, Inc.

     397        148,958  
     

 

 

 
Total Life Sciences Tools & Services

 

     283,035  

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Quality Growth Fund (QGRW)

September 30, 2023

 

 

 

Investments    Shares      Value  
Media – 0.4%

 

Trade Desk, Inc., Class A*

     2,617      $ 204,519  
Metals & Mining – 0.5%

 

Nucor Corp.

     1,273        199,034  

Steel Dynamics, Inc.

     860        92,209  
     

 

 

 
Total Metals & Mining

 

     291,243  
Oil, Gas & Consumable Fuels – 0.2%

 

Coterra Energy, Inc.

     3,947        106,766  
Pharmaceuticals – 0.8%

 

Zoetis, Inc.

     2,408        418,944  
Professional Services – 0.5%

 

Paycom Software, Inc.

     315        81,670  

Verisk Analytics, Inc.

     778        183,795  
     

 

 

 
Total Professional Services

 

     265,465  
Semiconductors & Semiconductor Equipment – 12.5%

 

Advanced Micro Devices, Inc.*

     8,827        907,592  

Applied Materials, Inc.

     4,536        628,009  

Enphase Energy, Inc.*

     735        88,310  

Entegris, Inc.

     810        76,067  

KLA Corp.

     730        334,822  

Lam Research Corp.

     738        462,556  

Monolithic Power Systems, Inc.

     259        119,658  

NVIDIA Corp.

     7,191        3,128,013  

ON Semiconductor Corp.*

     2,360        219,362  

QUALCOMM, Inc.

     6,027        669,359  

Teradyne, Inc.

     825        82,880  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     6,716,628  
Software – 19.4%

 

Adobe, Inc.*

     2,423        1,235,488  

Autodesk, Inc.*

     1,156        239,188  

Bentley Systems, Inc., Class B

     1,569        78,701  

Cadence Design Systems, Inc.*

     1,493        349,810  

Crowdstrike Holdings, Inc., Class A*

     1,336      223,620  

Datadog, Inc., Class A*

     1,681        153,122  

DocuSign, Inc.*

     1,090        45,780  

Dynatrace, Inc.*

     1,548        72,338  

Fair Isaac Corp.*

     134        116,383  

Fortinet, Inc.*

     4,274        250,798  

HubSpot, Inc.*

     265        130,513  

Intuit, Inc.

     1,487        759,768  

Microsoft Corp.

     18,475        5,833,481  

Palo Alto Networks, Inc.*

     1,641        384,716  

ServiceNow, Inc.*

     1,091        609,825  
     

 

 

 
Total Software

 

     10,483,531  
Specialized REITs – 0.5%

 

Public Storage

     935        246,391  
Specialty Retail – 2.6%

 

AutoZone, Inc.*

     99        251,459  

Lowe’s Cos., Inc.

     3,123        649,084  

O’Reilly Automotive, Inc.*

     330        299,924  

Tractor Supply Co.

     583        118,378  

Ulta Beauty, Inc.*

     259        103,458  
     

 

 

 
Total Specialty Retail

 

     1,422,303  
Technology Hardware, Storage & Peripherals – 12.2%

 

Apple, Inc.

     37,822        6,475,505  

Super Micro Computer, Inc.*

     292        80,072  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     6,555,577  
Textiles, Apparel & Luxury Goods – 0.1%

 

Deckers Outdoor Corp.*

     140        71,973  
TOTAL INVESTMENTS IN SECURITIES – 100.0%
(Cost: $51,328,013)

 

     53,957,769  

Other Assets less Liabilities – 0.0%

 

     21,262  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 53,979,031  
* 

Non-income producing security.

 

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

   $ 53,957,769      $      $      $ 53,957,769  

Total Investments in Securities

   $ 53,957,769      $      $      $ 53,957,769  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.8%

 

United States – 99.0%

 

Aerospace & Defense – 0.8%

 

Cadre Holdings, Inc.(a)

     88,061      $ 2,346,826  

Kaman Corp.

     142,320        2,796,588  

Moog, Inc., Class A

     42,744        4,828,362  

National Presto Industries, Inc.(a)

     27,474        1,990,766  

Park Aerospace Corp.

     88,360        1,372,231  
     

 

 

 
Total Aerospace & Defense

 

     13,334,773  
Air Freight & Logistics – 0.1%

 

Forward Air Corp.

     37,472        2,575,825  
Automobile Components – 1.3%

 

Dana, Inc.

     318,287        4,669,270  

LCI Industries(a)

     82,041        9,633,254  

Patrick Industries, Inc.(a)

     73,129        5,489,063  

Standard Motor Products, Inc.

     79,535        2,673,967  
     

 

 

 
Total Automobile Components

 

     22,465,554  
Automobiles – 0.3%

 

Winnebago Industries, Inc.(a)

     80,316        4,774,786  
Banks – 12.6%

 

1st Source Corp.

     43,928        1,848,930  

Amalgamated Financial Corp.

     38,698        666,380  

Amerant Bancorp, Inc.(a)

     25,864        451,068  

Arrow Financial Corp.(a)

     27,043        460,265  

Atlantic Union Bankshares Corp.(a)

     137,376        3,953,681  

Banc of California, Inc.

     52,074        644,676  

BancFirst Corp.

     46,334        4,018,548  

Bank First Corp.(a)

     6,428        495,920  

Bank of Hawaii Corp.(a)

     78,978        3,924,417  

Bank of Marin Bancorp(a)

     14,861        271,659  

Bank7 Corp.

     22,823        513,746  

BankUnited, Inc.

     185,157        4,203,064  

Banner Corp.

     72,926        3,090,604  

Bar Harbor Bankshares

     18,925        447,198  

BCB Bancorp, Inc.

     38,375        427,497  

Berkshire Hills Bancorp, Inc.

     46,468        931,683  

Brookline Bancorp, Inc.

     256,516        2,336,861  

Business First Bancshares, Inc.

     22,558        423,188  

Byline Bancorp, Inc.

     38,654        761,870  

Cambridge Bancorp(a)

     15,918        991,532  

Camden National Corp.

     29,627        836,074  

Capital Bancorp, Inc.

     1,815        34,721  

Capital City Bank Group, Inc.

     21,799        650,264  

Capitol Federal Financial, Inc.(a)

     277,924        1,325,697  

Capstar Financial Holdings, Inc.

     21,505        305,156  

Cathay General Bancorp

     197,982        6,881,854  

Central Pacific Financial Corp.

     98,569        1,644,131  

CF Bankshares, Inc.

     2,590        43,823  

Citizens & Northern Corp.(a)

     46,676        819,164  

Citizens Community Bancorp, Inc.

     3,855        37,008  

City Holding Co.(a)

     34,888        3,152,131  

CNB Financial Corp.(a)

     24,079        436,071  

Colony Bankcorp, Inc.

     29,264      292,494  

Columbia Banking System, Inc.

     163,356        3,316,127  

Community Bank System, Inc.

     81,134        3,424,666  

Community Trust Bancorp, Inc.

     47,183        1,616,490  

ConnectOne Bancorp, Inc.

     40,136        715,625  

Dime Community Bancshares, Inc.

     75,912        1,515,204  

Eagle Bancorp Montana, Inc.

     4,268        50,448  

Eagle Bancorp, Inc.

     60,908        1,306,477  

Eastern Bankshares, Inc.

     197,142        2,472,161  

Enterprise Bancorp, Inc.

     16,504        451,880  

Enterprise Financial Services Corp.

     50,010        1,875,375  

Equity Bancshares, Inc., Class A

     6,591        158,645  

ESSA Bancorp, Inc.

     20,926        314,099  

Farmers National Banc Corp.

     94,768        1,095,518  

FB Financial Corp.

     38,102        1,080,573  

Fidelity D&D Bancorp, Inc.(a)

     4,700        213,380  

Financial Institutions, Inc.

     24,840        418,057  

First Bancorp

     47,383        1,333,358  

First Bancorp, Inc.

     36,395        855,282  

First Bancshares, Inc.

     18,179        490,288  

First Bank

     11,701        126,137  

First Busey Corp.

     91,582        1,760,206  

First Business Financial Services, Inc.

     9,589        287,766  

First Commonwealth Financial Corp.

     253,211        3,091,706  

First Community Bankshares, Inc.

     42,064        1,238,785  

First Community Corp.

     9,129        157,658  

First Financial Bancorp

     293,623        5,755,011  

First Financial Corp.

     19,937        674,070  

First Foundation, Inc.

     55,217        335,719  

First Hawaiian, Inc.

     311,564        5,623,730  

First Internet Bancorp

     7,415        120,197  

First Merchants Corp.

     90,678        2,522,662  

First Mid Bancshares, Inc.(a)

     14,811        393,380  

First National Corp.

     2,162        38,570  

First Northwest Bancorp

     8,654        106,185  

First of Long Island Corp.(a)

     26,832        308,836  

First Savings Financial Group, Inc.

     3,005        44,925  

Flushing Financial Corp.

     42,543        558,590  

FS Bancorp, Inc.

     12,713        375,033  

Fulton Financial Corp.

     497,177        6,020,813  

German American Bancorp, Inc.

     43,711        1,184,131  

Great Southern Bancorp, Inc.

     17,550        840,996  

Greene County Bancorp, Inc.

     20,813        500,553  

Guaranty Bancshares, Inc.

     21,619        620,249  

Hanmi Financial Corp.

     81,877        1,328,864  

HarborOne Bancorp, Inc.(a)

     25,143        239,361  

Hawthorn Bancshares, Inc.(a)

     7,500        121,875  

HBT Financial, Inc.

     78,142        1,425,310  

Heartland Financial USA, Inc.

     78,066        2,297,482  

Heritage Commerce Corp.

     109,316        925,907  

Heritage Financial Corp.

     44,979        733,607  

Hilltop Holdings, Inc.

     64,339        1,824,654  

Hingham Institution for Savings(a)

     1,842        343,994  

Home Bancorp, Inc.

     14,437        460,107  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

HomeStreet, Inc.

     29,732      $ 231,612  

HomeTrust Bancshares, Inc.

     15,954        345,723  

Hope Bancorp, Inc.

     265,319        2,348,073  

Horizon Bancorp, Inc.

     53,660        573,089  

Independent Bank Corp.

     55,291        1,014,037  

Independent Bank Group, Inc.

     50,113        1,981,969  

International Bancshares Corp.

     136,758        5,927,092  

Investar Holding Corp.

     2,908        30,796  

Kearny Financial Corp.(a)

     71,778        497,422  

Lakeland Bancorp, Inc.

     85,395        1,077,685  

Lakeland Financial Corp.

     40,409        1,917,811  

Live Oak Bancshares, Inc.(a)

     41,582        1,203,799  

Macatawa Bank Corp.

     91,774        822,295  

Mercantile Bank Corp.

     25,377        784,403  

Meridian Corp.

     15,068        147,591  

Metrocity Bankshares, Inc.(a)

     53,874        1,060,240  

Mid Penn Bancorp, Inc.

     17,201        346,256  

Middlefield Banc Corp.

     10,469        266,017  

Midland States Bancorp, Inc.

     62,756        1,289,008  

MidWestOne Financial Group, Inc.

     27,867        566,536  

MVB Financial Corp.

     18,168        410,233  

National Bank Holdings Corp., Class A

     40,264        1,198,257  

NBT Bancorp, Inc.(a)

     103,815        3,289,897  

Northeast Bank (a)

     4,963        218,868  

Northeast Community Bancorp, Inc.

     19,367        285,857  

Northfield Bancorp, Inc.

     67,444        637,346  

Northrim Bancorp, Inc.

     15,397        610,029  

Northwest Bancshares, Inc.

     360,566        3,688,590  

OceanFirst Financial Corp.

     89,297        1,292,128  

Ohio Valley Banc Corp.

     1,242        30,367  

Old Second Bancorp, Inc.

     23,804        323,972  

OP Bancorp

     40,220        368,013  

Orange County Bancorp, Inc.

     4,092        176,652  

Origin Bancorp, Inc.(a)

     28,651        827,154  

Orrstown Financial Services, Inc.

     26,314        552,857  

Pacific Premier Bancorp, Inc.

     317,750        6,914,240  

PacWest Bancorp

     293,809        2,324,029  

Park National Corp.

     39,090        3,694,787  

Partners Bancorp

     5,522        42,796  

Pathward Financial, Inc.

     26,899        1,239,775  

PCB Bancorp(a)

     35,910        554,809  

Peapack-Gladstone Financial Corp.(a)

     9,237        236,929  

Peoples Bancorp of North Carolina, Inc.

     9,048        203,399  

Peoples Bancorp, Inc.

     113,873        2,890,097  

Peoples Financial Services Corp.

     11,841        474,824  

Plumas Bancorp

     7,250        247,515  

Preferred Bank

     22,867        1,423,471  

Premier Financial Corp.

     67,305        1,148,223  

Primis Financial Corp.(a)

     64,427        525,080  

Princeton Bancorp, Inc.

     8,291        240,356  

Provident Bancorp, Inc.*

     25,817        250,167  

Provident Financial Services, Inc.

     182,402        2,788,927  

QCR Holdings, Inc.(a)

     14,095        683,889  

RBB Bancorp

     34,888        445,869  

Red River Bancshares, Inc.(a)

     3,281      150,795  

Renasant Corp.

     65,729        1,721,443  

Republic Bancorp, Inc., Class A(a)

     33,046        1,455,676  

S&T Bancorp, Inc.

     105,634        2,860,569  

Sandy Spring Bancorp, Inc.

     86,368        1,850,866  

Seacoast Banking Corp. of Florida

     65,030        1,428,059  

Shore Bancshares, Inc.(a)

     19,864        208,969  

Simmons First National Corp., Class A

     255,779        4,338,012  

SmartFinancial, Inc.

     4,674        99,883  

South Plains Financial, Inc.

     14,489        383,089  

Southern Missouri Bancorp, Inc.

     13,955        539,919  

Southern States Bancshares, Inc.

     2,722        61,490  

Southside Bancshares, Inc.

     97,252        2,791,132  

Stellar Bancorp, Inc.

     47,832        1,019,778  

Stock Yards Bancorp, Inc.

     43,193        1,697,053  

Summit State Bank

     3,224        53,099  

Timberland Bancorp, Inc.

     17,357        470,375  

Tompkins Financial Corp.

     27,331        1,338,946  

Towne Bank

     103,654        2,376,786  

TriCo Bancshares

     52,394        1,678,180  

TrustCo Bank Corp.

     28,426        775,746  

Trustmark Corp.

     87,544        1,902,331  

Unity Bancorp, Inc.

     6,162        144,376  

Univest Financial Corp.

     48,366        840,601  

Veritex Holdings, Inc.

     66,839        1,199,760  

Washington Federal, Inc.

     153,462        3,931,696  

Washington Trust Bancorp, Inc.

     53,150        1,399,439  

WesBanco, Inc.

     115,176        2,812,598  

West BanCorp, Inc.(a)

     47,341        772,132  

Westamerica BanCorp

     60,758        2,627,783  

WSFS Financial Corp.

     55,333        2,019,654  
     

 

 

 
Total Banks

 

     220,033,188  
Beverages – 0.1%

 

MGP Ingredients, Inc.

     20,665        2,179,744  
Broadline Retail – 0.4%

 

Nordstrom, Inc.(a)

     474,440        7,088,134  
Building Products – 1.3%

 

Apogee Enterprises, Inc.

     74,416        3,503,505  

Armstrong World Industries, Inc.

     58,820        4,235,040  

AZZ, Inc.

     63,668        2,901,987  

CSW Industrials, Inc.

     20,659        3,620,283  

Griffon Corp.

     91,862        3,644,166  

Insteel Industries, Inc.

     55,773        1,810,392  

Quanex Building Products Corp.

     107,108        3,017,232  
     

 

 

 
Total Building Products

 

     22,732,605  
Capital Markets – 3.9%

 

Artisan Partners Asset Management, Inc., Class A(a)

     260,023        9,730,061  

Associated Capital Group, Inc., Class A

     1,339        48,873  

BGC Group, Inc., Class A

     280,715        1,482,175  

Bridge Investment Group Holdings, Inc., Class A

     148,707        1,368,104  

Brightsphere Investment Group, Inc.

     40,933        793,691  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Cohen & Steers, Inc.

     138,706      $ 8,695,479  

Diamond Hill Investment Group, Inc.

     2,960        498,967  

Federated Hermes, Inc.

     220,549        7,469,995  

Greenhill & Co., Inc.

     14,941        221,127  

Hamilton Lane, Inc., Class A

     43,033        3,891,905  

Moelis & Co., Class A(a)

     216,137        9,754,263  

Oppenheimer Holdings, Inc., Class A

     15,199        582,274  

Piper Sandler Cos.

     17,911        2,602,647  

PJT Partners, Inc., Class A

     19,614        1,558,136  

Silvercrest Asset Management Group, Inc., Class A

     22,295        353,822  

StepStone Group, Inc., Class A

     81,824        2,584,002  

TPG, Inc.(a)

     126,107        3,798,343  

Value Line, Inc.

     12,349        539,898  

Victory Capital Holdings, Inc., Class A

     196,410        6,548,309  

Virtu Financial, Inc., Class A

     236,864        4,090,641  

Virtus Investment Partners, Inc.

     11,298        2,282,083  
     

 

 

 
Total Capital Markets

 

     68,894,795  
Chemicals – 3.9%

 

AdvanSix, Inc.

     65,791        2,044,784  

American Vanguard Corp.

     71,289        779,189  

Avient Corp.

     212,452        7,503,805  

Chase Corp.

     25,033        3,184,949  

FutureFuel Corp.

     222,743        1,597,067  

Hawkins, Inc.

     65,310        3,843,493  

Innospec, Inc.

     41,848        4,276,866  

Koppers Holdings, Inc.

     58,315        2,306,358  

Kronos Worldwide, Inc.(a)

     573,067        4,441,269  

Mativ Holdings, Inc.(a)

     280,849        4,004,907  

Minerals Technologies, Inc.

     34,597        1,894,532  

NewMarket Corp.

     21,481        9,774,714  

Northern Technologies International Corp.

     33,109        442,667  

Quaker Chemical Corp.

     19,234        3,077,440  

Scotts Miracle-Gro Co.(a)

     199,423        10,306,181  

Sensient Technologies Corp.

     80,198        4,689,979  

Stepan Co.(a)

     33,757        2,530,762  

Valhi, Inc.

     93,739        1,242,979  
     

 

 

 
Total Chemicals

 

     67,941,941  
Commercial Services & Supplies – 3.7%

 

ABM Industries, Inc.

     110,472        4,419,985  

ACCO Brands Corp.

     507,739        2,914,422  

ARC Document Solutions, Inc.

     193,765        616,173  

Aris Water Solutions, Inc., Class A(a)

     127,485        1,272,300  

Brady Corp., Class A

     119,640        6,570,629  

Brink’s Co.

     64,554        4,689,203  

CompX International, Inc.

     26,907        500,201  

Deluxe Corp.

     237,285        4,482,314  

Ennis, Inc.

     169,597        3,598,848  

HNI Corp.

     208,899        7,234,172  

Interface, Inc.

     160,076        1,570,346  

Matthews International Corp., Class A

     104,336        4,059,714  

MillerKnoll, Inc.

     420,643        10,284,721  

NL Industries, Inc.

     113,386        538,583  

Pitney Bowes, Inc.(a)

     891,944      2,693,671  

Steelcase, Inc., Class A

     478,995        5,350,374  

UniFirst Corp.

     14,451        2,355,657  

VSE Corp.(a)

     37,186        1,875,662  
     

 

 

 
Total Commercial Services & Supplies

 

     65,026,975  
Communications Equipment – 0.2%

 

ADTRAN Holdings, Inc.

     168,650        1,387,990  

Comtech Telecommunications Corp.

     142,111        1,243,471  
     

 

 

 
Total Communications Equipment

 

     2,631,461  
Construction & Engineering – 0.7%

 

Arcosa, Inc.

     38,913        2,797,845  

Argan, Inc.

     63,244        2,878,867  

Granite Construction, Inc.

     85,172        3,238,239  

Primoris Services Corp.

     112,952        3,696,919  
     

 

 

 
Total Construction & Engineering

 

     12,611,870  
Construction Materials – 0.1%

 

U.S. Lime & Minerals, Inc.

     11,696        2,350,896  
Consumer Finance – 0.5%

 

Bread Financial Holdings, Inc.(a)

     44,146        1,509,793  

Navient Corp.

     285,811        4,921,666  

Nelnet, Inc., Class A

     21,006        1,876,256  

Regional Management Corp.

     17,809        492,953  
     

 

 

 
Total Consumer Finance

 

     8,800,668  
Consumer Staples Distribution & Retail – 1.0%

 

Andersons, Inc.

     88,546        4,561,004  

Ingles Markets, Inc., Class A(a)

     22,829        1,719,709  

Natural Grocers by Vitamin Cottage, Inc.

     125,909        1,625,485  

PriceSmart, Inc.

     46,704        3,476,179  

SpartanNash Co.

     119,990        2,639,780  

Village Super Market, Inc., Class A

     54,133        1,225,571  

Weis Markets, Inc.

     47,996        3,023,748  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     18,271,476  
Containers & Packaging – 1.2%

 

Greif, Inc., Class A

     190,128        12,702,451  

Myers Industries, Inc.

     141,118        2,530,246  

Pactiv Evergreen, Inc.

     490,490        3,987,684  

TriMas Corp.

     65,476        1,621,186  
     

 

 

 
Total Containers & Packaging

 

     20,841,567  
Distributors – 0.1%

 

Weyco Group, Inc.(a)

     46,014        1,166,455  
Diversified Consumer Services – 0.6%

 

Carriage Services, Inc.(a)

     76,588        2,163,611  

Graham Holdings Co., Class B

     5,375        3,133,625  

Strategic Education, Inc.

     68,464        5,151,916  
     

 

 

 
Total Diversified Consumer Services

 

     10,449,152  
Diversified REITs – 1.1%

 

Alexander & Baldwin, Inc.

     40,966        685,361  

Alpine Income Property Trust, Inc.(a)

     21,030        344,051  

American Assets Trust, Inc.

     46,811        910,474  

Armada Hoffler Properties, Inc.

     65,691        672,676  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Broadstone Net Lease, Inc.

     364,891      $ 5,217,941  

CTO Realty Growth, Inc.

     55,419        898,342  

Empire State Realty Trust, Inc., Class A

     172,196        1,384,456  

Essential Properties Realty Trust, Inc.

     374,772        8,106,318  

Gladstone Commercial Corp.(a)

     78,606        955,849  

One Liberty Properties, Inc.

     42,884        809,221  
     

 

 

 
Total Diversified REITs

 

     19,984,689  
Diversified Telecommunication Services – 1.0%

 

ATN International, Inc.

     45,620        1,439,767  

Cogent Communications Holdings, Inc.

     254,797        15,771,935  
     

 

 

 
Total Diversified Telecommunication Services

 

     17,211,702  
Electric Utilities – 1.0%

 

Genie Energy Ltd., Class B

     96,303        1,418,543  

MGE Energy, Inc.

     75,973        5,204,910  

Otter Tail Corp.(a)

     143,857        10,921,624  
     

 

 

 
Total Electric Utilities

 

     17,545,077  
Electrical Equipment – 1.1%

 

Allient, Inc.

     41,918        1,296,105  

Encore Wire Corp.

     14,772        2,695,299  

EnerSys

     44,198        4,184,225  

LSI Industries, Inc.

     145,846        2,316,034  

Powell Industries, Inc.

     60,525        5,017,522  

Preformed Line Products Co.

     19,401        3,154,215  
     

 

 

 
Total Electrical Equipment

 

     18,663,400  
Electronic Equipment, Instruments & Components – 1.9%

 

Advanced Energy Industries, Inc.

     31,916        3,291,178  

Badger Meter, Inc.

     34,764        5,001,497  

Bel Fuse, Inc., Class B

     49,930        2,382,660  

Belden, Inc.

     36,774        3,550,530  

Benchmark Electronics, Inc.

     103,439        2,509,430  

Climb Global Solutions, Inc.

     18,350        789,233  

CTS Corp.

     48,814        2,037,496  

Methode Electronics, Inc.

     61,800        1,412,130  

Richardson Electronics Ltd.(a)

     58,012        634,071  

Vishay Intertechnology, Inc.(a)

     300,741        7,434,318  

Vontier Corp.

     144,562        4,469,857  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     33,512,400  
Energy Equipment & Services – 1.4%

 

Archrock, Inc.

     801,450        10,098,270  

Cactus, Inc., Class A

     76,599        3,846,036  

Liberty Energy, Inc.

     160,072        2,964,533  

RPC, Inc.(a)

     301,431        2,694,793  

Select Water Solutions, Inc.

     358,871        2,853,025  

Solaris Oilfield Infrastructure, Inc., Class A

     187,537        1,999,144  
     

 

 

 
Total Energy Equipment & Services

 

     24,455,801  
Entertainment – 0.3%

 

Marcus Corp.(a)

     123,455        1,913,553  

TKO Group Holdings, Inc.

     46,539        3,912,068  
     

 

 

 
Total Entertainment

 

     5,825,621  
Financial Services – 2.6%

 

A-Mark Precious Metals, Inc.

     18,576        544,834  

Alerus Financial Corp.

     26,235      476,952  

Cass Information Systems, Inc.(a)

     66,306        2,469,899  

Federal Agricultural Mortgage Corp., Class C

     20,649        3,186,141  

Jackson Financial, Inc., Class A

     316,382        12,092,120  

Merchants Bancorp

     45,088        1,249,839  

PennyMac Financial Services, Inc.

     53,384        3,555,374  

Radian Group, Inc.

     627,599        15,759,011  

UWM Holdings Corp.

     340,353        1,650,712  

Walker & Dunlop, Inc.

     49,884        3,703,388  
     

 

 

 
Total Financial Services

 

     44,688,270  
Food Products – 1.5%

 

Alico, Inc.

     30,731        767,046  

Cal-Maine Foods, Inc.(a)

     231,296        11,199,352  

Calavo Growers, Inc.

     79,703        2,010,907  

J & J Snack Foods Corp.

     31,327        5,126,664  

John B Sanfilippo & Son, Inc.

     26,129        2,581,545  

Limoneira Co.

     86,886        1,331,094  

Tootsie Roll Industries, Inc.

     68,047        2,031,883  

Utz Brands, Inc.(a)

     141,680        1,902,762  
     

 

 

 
Total Food Products

 

     26,951,253  
Gas Utilities – 0.6%

 

Chesapeake Utilities Corp.

     43,676        4,269,329  

Northwest Natural Holding Co.

     167,985        6,410,308  

RGC Resources, Inc.

     32,553        563,167  
     

 

 

 
Total Gas Utilities

 

     11,242,804  
Ground Transportation – 1.1%

 

ArcBest Corp.

     28,633        2,910,544  

Covenant Logistics Group, Inc.

     48,670        2,134,180  

Heartland Express, Inc.

     110,523        1,623,583  

Marten Transport Ltd.

     164,701        3,246,257  

Schneider National, Inc., Class B

     180,964        5,010,893  

Universal Logistics Holdings, Inc.(a)

     78,277        1,971,015  

Werner Enterprises, Inc.

     78,599        3,061,431  
     

 

 

 
Total Ground Transportation

 

     19,957,903  
Health Care Equipment & Supplies – 0.7%

 

Atrion Corp.

     3,951        1,632,435  

CONMED Corp.

     36,135        3,644,215  

Embecta Corp.

     146,057        2,198,158  

LeMaitre Vascular, Inc.

     55,345        3,015,195  

Utah Medical Products, Inc.

     12,895        1,108,970  
     

 

 

 
Total Health Care Equipment & Supplies

 

     11,598,973  
Health Care Providers & Services – 1.4%

 

National HealthCare Corp.

     60,615        3,878,148  

National Research Corp.

     64,765        2,873,623  

Patterson Cos., Inc.

     306,249        9,077,220  

Select Medical Holdings Corp.

     229,921        5,810,104  

U.S. Physical Therapy, Inc.(a)

     32,163        2,950,312  
     

 

 

 
Total Health Care Providers & Services

 

     24,589,407  
Health Care REITs – 1.6%

 

CareTrust REIT, Inc.

     85,740        1,757,670  

Community Healthcare Trust, Inc.

     34,997        1,039,411  

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Global Medical REIT, Inc.(a)

     53,283      $ 477,949  

LTC Properties, Inc.(a)

     76,923        2,471,536  

National Health Investors, Inc.

     70,353        3,613,330  

Physicians Realty Trust

     499,285        6,086,284  

Sabra Health Care REIT, Inc.

     900,084        12,547,171  

Universal Health Realty Income Trust

     12,442        503,030  
     

 

 

 
Total Health Care REITs

 

     28,496,381  
Health Care Technology – 0.1%

 

Simulations Plus, Inc.(a)

     44,269        1,846,017  
Hotel & Resort REITs – 0.8%

 

DiamondRock Hospitality Co.

     190,660        1,531,000  

Park Hotels & Resorts, Inc.

     216,056        2,661,810  

Pebblebrook Hotel Trust

     128,900        1,751,751  

RLJ Lodging Trust

     157,766        1,544,529  

Service Properties Trust

     343,521        2,641,676  

Summit Hotel Properties, Inc.

     109,171        633,192  

Sunstone Hotel Investors, Inc.

     187,509        1,753,209  

Xenia Hotels & Resorts, Inc.

     105,095        1,238,019  
     

 

 

 
Total Hotel & Resort REITs

 

     13,755,186  
Hotels, Restaurants & Leisure – 3.0%

 

Bloomin’ Brands, Inc.(a)

     298,050        7,329,049  

Bluegreen Vacations Holding Corp.(a)

     82,238        3,016,490  

Canterbury Park Holding Corp.

     18,392        372,070  

Cheesecake Factory, Inc.(a)

     158,349        4,797,975  

Cracker Barrel Old Country Store, Inc.

     93,958        6,313,977  

Dine Brands Global, Inc.

     51,213        2,532,483  

Jack in the Box, Inc.

     57,721        3,986,212  

Krispy Kreme, Inc.(a)

     206,763        2,578,335  

Nathan’s Famous, Inc.

     18,433        1,302,476  

Papa John’s International, Inc.(a)

     64,367        4,391,117  

RCI Hospitality Holdings, Inc.(a)

     19,235        1,166,795  

Red Rock Resorts, Inc., Class A(a)

     124,723        5,113,643  

Travel & Leisure Co.

     257,293        9,450,372  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     52,350,994  
Household Durables – 2.4%

 

Bassett Furniture Industries, Inc.

     45,431        665,564  

Century Communities, Inc.

     79,676        5,320,763  

Ethan Allen Interiors, Inc.

     150,869        4,510,983  

Hamilton Beach Brands Holding Co., Class A

     44,616        553,685  

Hooker Furnishings Corp.

     67,901        1,320,675  

Installed Building Products, Inc.

     45,087        5,630,915  

KB Home

     143,043        6,620,030  

La-Z-Boy, Inc.

     140,569        4,340,771  

Lifetime Brands, Inc.

     99,338        559,273  

MDC Holdings, Inc.

     321,236        13,244,560  
     

 

 

 
Total Household Durables

 

     42,767,219  
Household Products – 1.2%

 

Energizer Holdings, Inc.

     199,002        6,376,024  

Oil-Dri Corp. of America

     27,314        1,686,640  

Spectrum Brands Holdings, Inc.

     95,403        7,474,825  

WD-40 Co.

     24,300        4,938,732  
     

 

 

 
Total Household Products

 

     20,476,221  
Industrial REITs – 0.4%

 

Innovative Industrial Properties, Inc.

     53,201      4,025,188  

LXP Industrial Trust

     274,319        2,441,439  

Plymouth Industrial REIT, Inc.

     34,775        728,536  
     

 

 

 
Total Industrial REITs

 

     7,195,163  
Insurance – 1.6%

 

American Equity Investment Life Holding Co.*

     71,620        3,841,697  

AMERISAFE, Inc.

     25,710        1,287,300  

CNO Financial Group, Inc.

     236,886        5,621,305  

Donegal Group, Inc., Class A(a)

     78,339        1,116,722  

Employers Holdings, Inc.

     28,463        1,137,097  

Horace Mann Educators Corp.

     67,194        1,974,160  

Mercury General Corp.

     103,685        2,906,291  

National Western Life Group, Inc., Class A(a)

     3,084        1,349,219  

Safety Insurance Group, Inc.

     48,545        3,310,283  

Stewart Information Services Corp.

     94,654        4,145,845  

Tiptree, Inc.

     59,200        992,192  

United Fire Group, Inc.

     27,929        551,598  
     

 

 

 
Total Insurance

 

     28,233,709  
Interactive Media & Services – 0.2%

 

Shutterstock, Inc.

     71,580        2,723,619  
IT Services – 0.2%

 

Hackett Group, Inc.

     120,402        2,840,283  

Information Services Group, Inc.

     250,088        1,095,386  
     

 

 

 
Total IT Services

 

     3,935,669  
Leisure Products – 0.9%

 

Acushnet Holdings Corp.

     101,784        5,398,623  

Escalade, Inc.

     71,996        1,102,259  

Johnson Outdoors, Inc., Class A

     40,097        2,192,905  

Marine Products Corp.(a)

     90,921        1,291,987  

Smith & Wesson Brands, Inc.

     228,358        2,948,102  

Sturm Ruger & Co., Inc.

     56,824        2,961,667  
     

 

 

 
Total Leisure Products

 

     15,895,543  
Life Sciences Tools & Services – 0.2%

 

Bio-Techne Corp.

     32,819        2,233,989  

Mesa Laboratories, Inc.(a)

     9,972        1,047,758  
     

 

 

 
Total Life Sciences Tools & Services

 

     3,281,747  
Machinery – 5.7%

 

Alamo Group, Inc.

     15,792        2,729,805  

Albany International Corp., Class A

     35,887        3,096,330  

Astec Industries, Inc.

     52,433        2,470,119  

Barnes Group, Inc.

     87,272        2,964,630  

Columbus McKinnon Corp.

     66,853        2,333,838  

Douglas Dynamics, Inc.

     80,137        2,418,535  

Eastern Co.

     18,265        331,510  

Enerpac Tool Group Corp.

     69,622        1,840,109  

EnPro Industries, Inc.

     32,368        3,922,678  

Esab Corp.

     49,185        3,453,771  

ESCO Technologies, Inc.

     22,943        2,396,167  

Federal Signal Corp.

     67,874        4,054,114  

Gorman-Rupp Co.

     99,733        3,281,216  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Graham Corp.*

     51,496      $ 854,834  

Greenbrier Cos., Inc.(a)

     104,702        4,188,080  

Helios Technologies, Inc.

     46,908        2,602,456  

Hillenbrand, Inc.

     144,566        6,116,587  

Hurco Cos., Inc.

     29,585        663,591  

Hyster-Yale Materials Handling, Inc.

     64,888        2,892,707  

John Bean Technologies Corp.

     28,148        2,959,481  

Kadant, Inc.

     13,553        3,056,879  

Kennametal, Inc.

     221,463        5,509,999  

Lindsay Corp.

     17,567        2,067,285  

Miller Industries, Inc.

     59,608        2,337,230  

Mueller Water Products, Inc., Class A(a)

     343,624        4,357,152  

Omega Flex, Inc.

     22,829        1,797,327  

Park-Ohio Holdings Corp.

     70,138        1,396,448  

REV Group, Inc.

     166,293        2,660,688  

Shyft Group, Inc.

     80,497        1,205,040  

Standex International Corp.

     27,226        3,966,556  

Tennant Co.

     45,461        3,370,933  

Terex Corp.

     83,980        4,838,928  

Trinity Industries, Inc.

     219,955        5,355,904  

Wabash National Corp.

     127,926        2,701,797  
     

 

 

 
Total Machinery

 

     100,192,724  
Marine Transportation – 0.4%

 

Matson, Inc.

     75,085        6,661,541  
Media – 0.8%

 

Entravision Communications Corp., Class A

     322,038        1,175,439  

Gray Television, Inc.

     291,172        2,014,910  

John Wiley & Sons, Inc., Class A

     123,877        4,604,508  

Saga Communications, Inc., Class A

     21,969        471,455  

Scholastic Corp.

     81,205        3,097,159  

Sinclair, Inc.(a)

     260,971        2,928,094  
     

 

 

 
Total Media

 

     14,291,565  
Metals & Mining – 3.9%

 

Alpha Metallurgical Resources, Inc.

     25,354        6,585,194  

Arch Resources, Inc.

     98,197        16,758,300  

Carpenter Technology Corp.

     96,541        6,488,521  

Compass Minerals International, Inc.(a)

     63,018        1,761,353  

Haynes International, Inc.(a)

     51,586        2,399,781  

Hecla Mining Co.(a)

     533,995        2,087,921  

Kaiser Aluminum Corp.(a)

     54,163        4,076,307  

Materion Corp.

     26,877        2,739,035  

Olympic Steel, Inc.

     49,456        2,779,922  

Ramaco Resources, Inc., Class A

     232,943        2,560,044  

Ryerson Holding Corp.

     101,577        2,954,875  

Schnitzer Steel Industries, Inc., Class A

     86,832        2,418,271  

SunCoke Energy, Inc.

     455,801        4,626,380  

Warrior Met Coal, Inc.

     73,354        3,746,922  

Worthington Industries, Inc.

     99,471        6,149,297  
     

 

 

 
Total Metals & Mining

 

     68,132,123  
Multi-Utilities – 1.1%

 

Avista Corp.

     232,406        7,522,982  

Northwestern Energy Group, Inc.

     188,212        9,045,469  

Unitil Corp.

     74,568      3,184,799  
     

 

 

 
Total Multi-Utilities

 

     19,753,250  
Office REITs – 1.6%

 

COPT Defense Properties

     93,519        2,228,558  

Douglas Emmett, Inc.

     432,403        5,517,462  

Easterly Government Properties, Inc.(a)

     75,956        868,177  

Highwoods Properties, Inc.

     271,493        5,595,471  

Hudson Pacific Properties, Inc.(a)

     279,490        1,858,609  

JBG SMITH Properties(a)

     105,800        1,529,868  

Orion Office REIT, Inc.

     77,573        404,155  

Paramount Group, Inc.

     203,361        939,528  

SL Green Realty Corp.

     252,947        9,434,923  
     

 

 

 
Total Office REITs

 

     28,376,751  
Oil, Gas & Consumable Fuels – 5.4%

 

Berry Corp.

     461,648        3,785,514  

California Resources Corp.

     223,884        12,539,743  

CONSOL Energy, Inc.

     196,468        20,611,458  

Crescent Energy Co., Class A

     247,609        3,129,778  

Delek U.S. Holdings, Inc.

     196,012        5,568,701  

Evolution Petroleum Corp.(a)

     186,343        1,274,586  

Excelerate Energy, Inc., Class A

     59,832        1,019,537  

HighPeak Energy, Inc.(a)

     109,161        1,842,638  

Kinetik Holdings, Inc.(a)

     226,543        7,645,826  

NACCO Industries, Inc., Class A

     29,818        1,045,717  

Northern Oil & Gas, Inc.

     214,118        8,613,967  

Permian Resources Corp.(a)

     545,315        7,612,597  

PHX Minerals, Inc.(a)

     178,641        650,253  

Riley Exploration Permian, Inc.

     118,511        3,767,465  

Sitio Royalties Corp., Class A(a)

     414,557        10,036,425  

VAALCO Energy, Inc.(a)

     567,470        2,491,193  

World Kinect Corp.

     144,121        3,232,634  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     94,868,032  
Paper & Forest Products – 0.3%

 

Sylvamo Corp.

     106,377        4,674,205  
Personal Care Products – 1.2%

 

Edgewell Personal Care Co.(a)

     85,931        3,176,010  

Inter Parfums, Inc.

     78,049        10,485,103  

Medifast, Inc.

     52,327        3,916,676  

Nu Skin Enterprises, Inc., Class A

     155,969        3,308,102  
     

 

 

 
Total Personal Care Products

 

     20,885,891  
Pharmaceuticals – 0.1%

 

Phibro Animal Health Corp., Class A

     115,071        1,469,457  
Professional Services – 1.7%

 

Barrett Business Services, Inc.

     21,973        1,982,844  

BGSF, Inc.

     48,502        466,104  

CRA International, Inc.

     22,927        2,310,124  

CSG Systems International, Inc.(a)

     88,637        4,531,123  

Heidrick & Struggles International, Inc.

     82,088        2,053,842  

HireQuest, Inc.

     21,801        336,389  

ICF International, Inc.

     19,401        2,343,835  

Kelly Services, Inc., Class A

     130,378        2,371,576  

 

See Notes to Financial Statements.

 

WisdomTree Trust      79  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Kforce, Inc.(a)

     72,056      $ 4,298,861  

Korn Ferry

     81,797        3,880,450  

Resources Connection, Inc.

     163,975        2,444,867  

TTEC Holdings, Inc.

     97,621        2,559,623  
     

 

 

 
Total Professional Services

 

     29,579,638  
Real Estate Management & Development – 0.6%

 

eXp World Holdings, Inc.(a)

     142,110        2,307,866  

Kennedy-Wilson Holdings, Inc.

     176,826        2,606,415  

Marcus & Millichap, Inc.(a)

     34,579        1,014,548  

Newmark Group, Inc., Class A

     146,678        943,140  

St. Joe Co.

     51,449        2,795,224  
     

 

 

 
Total Real Estate Management & Development

 

     9,667,193  
Residential REITs – 0.3%

 

BRT Apartments Corp.

     42,065        726,463  

Centerspace

     11,698        704,921  

Elme Communities

     78,833        1,075,282  

NexPoint Residential Trust, Inc.

     25,541        821,909  

UMH Properties, Inc.

     84,332        1,182,335  
     

 

 

 
Total Residential REITs

 

     4,510,910  
Retail REITs – 1.3%

 

Alexander’s, Inc.(a)

     11,207        2,042,252  

CBL & Associates Properties, Inc.

     24,056        504,695  

Getty Realty Corp.

     74,011        2,052,325  

InvenTrust Properties Corp.

     59,228        1,410,219  

Macerich Co.

     281,950        3,076,074  

NETSTREIT Corp.

     51,360        800,189  

Retail Opportunity Investments Corp.

     116,741        1,445,253  

RPT Realty

     67,399        711,733  

Saul Centers, Inc.

     29,230        1,030,942  

SITE Centers Corp.

     349,673        4,311,468  

Tanger Factory Outlet Centers, Inc.

     151,341        3,420,307  

Urban Edge Properties

     93,438        1,425,864  

Whitestone REIT

     84,621        814,900  
     

 

 

 
Total Retail REITs

 

     23,046,221  
Semiconductors & Semiconductor Equipment – 0.1%

 

NVE Corp.(a)

     26,798        2,201,188  
Software – 1.3%

 

A10 Networks, Inc.

     167,640        2,519,629  

Adeia, Inc.

     266,961        2,851,144  

American Software, Inc., Class A

     166,814        1,911,688  

Ebix, Inc.(a)

     115,316        1,139,322  

InterDigital, Inc.

     85,285        6,843,268  

Pegasystems, Inc.

     72,807        3,160,552  

Progress Software Corp.

     79,151        4,161,760  
     

 

 

 
Total Software

 

     22,587,363  
Specialized REITs – 1.6%

 

EPR Properties

     395,948        16,447,680  

Farmland Partners, Inc.

     32,958        338,149  

Four Corners Property Trust, Inc.

     185,253        4,110,764  

Gladstone Land Corp.(a)

     38,355        545,792  

Outfront Media, Inc.(a)

     382,024        3,858,442  

Safehold, Inc.

     64,331      1,145,092  

Uniti Group, Inc.

     436,727        2,061,351  
     

 

 

 
Total Specialized REITs

 

     28,507,270  
Specialty Retail – 3.2%

 

Aaron’s Co., Inc.

     158,985        1,664,573  

Arko Corp.

     260,158        1,860,130  

Big 5 Sporting Goods Corp.

     147,167        1,031,641  

Buckle, Inc.

     197,953        6,609,651  

Caleres, Inc.(a)

     100,454        2,889,057  

Camping World Holdings, Inc., Class A(a)

     234,766        4,791,574  

Cato Corp., Class A

     68,768        526,763  

Designer Brands, Inc., Class A

     225,554        2,855,513  

Group 1 Automotive, Inc.

     15,011        4,033,606  

Guess?, Inc.

     230,612        4,990,444  

Haverty Furniture Cos., Inc.

     76,826        2,211,052  

Hibbett, Inc.(a)

     40,442        1,921,399  

Monro, Inc.

     83,657        2,323,155  

PetMed Express, Inc.

     118,688        1,216,552  

Shoe Carnival, Inc.

     90,355        2,171,230  

Sonic Automotive, Inc., Class A

     65,543        3,130,334  

Upbound Group, Inc.

     279,672        8,236,340  

Winmark Corp.

     9,916        3,699,957  
     

 

 

 
Total Specialty Retail

 

     56,162,971  
Technology Hardware, Storage & Peripherals – 0.7%

 

Immersion Corp.

     148,124        979,100  

Xerox Holdings Corp.

     698,809        10,964,313  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     11,943,413  
Textiles, Apparel & Luxury Goods – 2.1%

 

Carter’s, Inc.(a)

     121,110        8,374,757  

Kontoor Brands, Inc.

     193,764        8,508,177  

Levi Strauss & Co., Class A(a)

     277,160        3,763,833  

Movado Group, Inc.

     83,701        2,289,222  

Oxford Industries, Inc.

     44,480        4,275,862  

Rocky Brands, Inc.(a)

     37,782        555,395  

Steven Madden Ltd.(a)

     164,079        5,212,790  

Superior Group of Cos., Inc.

     90,053        700,612  

Wolverine World Wide, Inc.

     339,924        2,739,788  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     36,420,436  
Tobacco – 0.9%

 

Turning Point Brands, Inc.

     84,232        1,944,917  

Universal Corp.

     120,100        5,669,921  

Vector Group Ltd.

     807,825        8,595,258  
     

 

 

 
Total Tobacco

 

     16,210,096  
Trading Companies & Distributors – 2.0%

 

Alta Equipment Group, Inc.(a)

     160,498        1,935,606  

Boise Cascade Co.

     53,264        5,488,323  

Global Industrial Co.

     130,174        4,360,829  

H&E Equipment Services, Inc.

     106,867        4,615,586  

McGrath RentCorp

     55,917        5,605,120  

Rush Enterprises, Inc., Class A

     171,550        7,004,386  

Veritiv Corp.

     36,187        6,111,984  
     

 

 

 
Total Trading Companies & Distributors

 

     35,121,834  

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Dividend Fund (DES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Water Utilities – 0.8%

 

Artesian Resources Corp., Class A(a)

     44,015      $ 1,848,190  

California Water Service Group

     85,308        4,035,922  

Global Water Resources, Inc.

     91,127        888,488  

Middlesex Water Co.(a)

     39,259        2,600,909  

SJW Group

     56,798        3,414,128  

York Water Co.

     43,258        1,621,742  
     

 

 

 
Total Water Utilities

 

     14,409,379  
Wireless Telecommunication Services – 0.8%

 

Shenandoah Telecommunications Co.

     99,197        2,044,450  

Spok Holdings, Inc.

     97,672        1,393,779  

Telephone & Data Systems, Inc.

     571,857        10,470,702  
     

 

 

 
Total Wireless Telecommunication Services

 

     13,908,931  
Total United States

 

     1,734,939,015  
Puerto Rico – 0.8%

 

Banks – 0.6%

 

First Bancorp

     538,745        7,251,508  

OFG Bancorp

     100,360        2,996,749  
     

 

 

 
Total Banks

 

     10,248,257  
Financial Services – 0.2%

 

EVERTEC, Inc.

     85,788        3,189,598  
     

 

 

 
Total Puerto Rico

 

     13,437,855  
TOTAL COMMON STOCKS
(Cost: $1,792,997,977)

 

     1,748,376,870  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree U.S. MidCap Dividend Fund(a)(b)
(Cost: $115,638)
     2,869      117,514  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6%

 

United States – 0.6%

 

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

 

  
(Cost: $10,485,844)      10,485,844        10,485,844  
TOTAL INVESTMENTS IN SECURITIES – 100.4%
(Cost: $1,803,599,459)

 

     1,758,980,228  

Other Assets less Liabilities – (0.4)%

 

     (6,870,874
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,752,109,354  
* 

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 $168,001,877 and the total market value of the collateral held by the Fund was $172,348,133. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $161,862,289.

 

(b) 

Affiliated holding. See “Investment in Affiliates” supplementary table included in this Schedule of Investments for additional information.

 

(c) 

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

 

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 September 30, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. MidCap Dividend Fund

   $ 546,263      $ 12,823,422      $ 13,197,884      $ (42,633    $ (11,654    $ 117,514      $ 48,832  

 

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

   $ 1,748,376,870      $      $      $ 1,748,376,870  

Exchange-Traded Fund

     117,514                      117,514  

Investment of Cash Collateral for Securities Loaned

            10,485,844               10,485,844  

Total Investments in Securities

   $ 1,748,494,384      $ 10,485,844      $      $ 1,758,980,228  

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 100.0%

 

United States – 99.9%

 

Aerospace & Defense – 0.8%

 

AAR Corp.*

     14,266      $ 849,255  

AeroVironment, Inc.*

     4,789        534,117  

AerSale Corp.*

     27,703        413,883  

Cadre Holdings, Inc.

     7,146        190,441  

Ducommun, Inc.*

     19,191        835,001  

Kaman Corp.

     6,182        121,476  

Kratos Defense & Security Solutions, Inc.*

     31,617        474,887  

National Presto Industries, Inc.

     2,641        191,367  

Park Aerospace Corp.

     8,057        125,125  

Triumph Group, Inc.*

     32,799        251,240  

V2X, Inc.*

     13,950        720,657  
     

 

 

 
Total Aerospace & Defense

 

     4,707,449  
Air Freight & Logistics – 0.2%

 

Air Transport Services Group, Inc.*

     47,132        983,645  
Automobile Components – 1.9%

 

American Axle & Manufacturing Holdings, Inc.*

     51,537        374,159  

Dana, Inc.

     33,870        496,873  

Gentherm, Inc.*

     7,882        427,677  

Holley, Inc.*(a)

     114,264        570,177  

LCI Industries

     32,218        3,783,038  

Modine Manufacturing Co.*

     30,728        1,405,806  

Motorcar Parts of America, Inc.*

     8,739        70,699  

Patrick Industries, Inc.

     41,318        3,101,329  

Standard Motor Products, Inc.

     13,770        462,947  

XPEL, Inc.*(a)

     5,641        434,977  
     

 

 

 
Total Automobile Components

 

     11,127,682  
Automobiles – 0.5%

 

Winnebago Industries, Inc.

     52,631        3,128,913  
Banks – 10.9%

 

1st Source Corp.

     15,115        636,190  

ACNB Corp.

     5,480        173,223  

Amalgamated Financial Corp.

     16,312        280,893  

Amerant Bancorp, Inc.

     18,218        317,722  

American National Bankshares, Inc.

     7,131        270,550  

Arrow Financial Corp.

     10,945        186,287  

Axos Financial, Inc.*

     43,170        1,634,416  

Banc of California, Inc.

     44,822        554,896  

Bancorp, Inc.*

     25,443        877,783  

Bank First Corp.(a)

     2,727        210,388  

Bank of Marin Bancorp

     9,552        174,611  

Bankwell Financial Group, Inc.

     9,207        223,454  

Banner Corp.

     19,641        832,386  

BayCom Corp.

     10,014        192,369  

BCB Bancorp, Inc.

     16,825        187,431  

Berkshire Hills Bancorp, Inc.

     19,249        385,942  

Bridgewater Bancshares, Inc.*

     11,581        109,788  

Brookline Bancorp, Inc.

     67,174        611,955  

Business First Bancshares, Inc.

     16,964        318,245  

Byline Bancorp, Inc.

     30,026        591,812  

Cambridge Bancorp

     4,289      267,162  

Camden National Corp.

     12,019        339,176  

Capital Bancorp, Inc.

     10,304        197,116  

Capital City Bank Group, Inc.

     4,783        142,677  

Capitol Federal Financial, Inc.

     84,260        401,920  

Capstar Financial Holdings, Inc.

     19,548        277,386  

Carter Bankshares, Inc.*

     10,631        133,206  

Central Pacific Financial Corp.

     29,961        499,749  

Citizens & Northern Corp.

     7,937        139,294  

City Holding Co.

     6,769        611,579  

Civista Bancshares, Inc.

     12,767        197,889  

CNB Financial Corp.(a)

     18,910        342,460  

Coastal Financial Corp.*

     3,719        159,582  

Colony Bankcorp, Inc.

     20,191        201,809  

Columbia Financial, Inc.*

     27,329        429,339  

Community Trust Bancorp, Inc.

     10,360        354,934  

ConnectOne Bancorp, Inc.

     27,064        482,551  

CrossFirst Bankshares, Inc.*

     37,348        376,841  

Customers Bancorp, Inc.*

     65,099        2,242,661  

Dime Community Bancshares, Inc.

     28,309        565,048  

Eagle Bancorp, Inc.

     22,553        483,762  

Enterprise Bancorp, Inc.

     9,064        248,172  

Enterprise Financial Services Corp.

     26,471        992,662  

Equity Bancshares, Inc., Class A

     8,975        216,028  

Esquire Financial Holdings, Inc.

     3,571        163,159  

Farmers & Merchants Bancorp, Inc.

     8,398        147,217  

Farmers National Banc Corp.

     21,794        251,939  

FB Financial Corp.

     19,866        563,400  

Financial Institutions, Inc.

     22,629        380,846  

First Bancorp

     15,619        439,519  

First Bancorp, Inc.

     9,903        232,720  

First Bancshares, Inc.

     14,499        391,038  

First Busey Corp.

     35,447        681,291  

First Business Financial Services, Inc.

     5,159        154,822  

First Commonwealth Financial Corp.

     64,558        788,253  

First Community Bankshares, Inc.

     10,235        301,421  

First Financial Bancorp

     65,503        1,283,859  

First Financial Corp.

     8,678        293,403  

First Foundation, Inc.

     63,680        387,174  

First Internet Bancorp

     13,056        211,638  

First Mid Bancshares, Inc.

     18,710        496,938  

First of Long Island Corp.(a)

     20,709        238,361  

First Western Financial, Inc.*(a)

     4,076        73,979  

Five Star Bancorp

     11,239        225,454  

Flushing Financial Corp.

     31,519        413,844  

FS Bancorp, Inc.

     7,088        209,096  

FVCBankcorp, Inc.*(a)

     11,583        148,378  

German American Bancorp, Inc.

     13,442        364,144  

Great Southern Bancorp, Inc.

     7,589        363,665  

Greene County Bancorp, Inc.

     6,301        151,539  

Guaranty Bancshares, Inc.

     8,892        255,111  

Hanmi Financial Corp.

     25,661        416,478  

HarborOne Bancorp, Inc.

     21,838        207,898  

Heartland Financial USA, Inc.

     28,604        841,816  

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Heritage Commerce Corp.

     23,060      $ 195,318  

Heritage Financial Corp.

     24,034        391,995  

Hilltop Holdings, Inc.

     36,018        1,021,470  

Hingham Institution for Savings(a)

     1,137        212,335  

Home Bancorp, Inc.

     6,217        198,136  

HomeStreet, Inc.

     22,596        176,023  

HomeTrust Bancshares, Inc.

     11,636        252,152  

Hope Bancorp, Inc.

     117,286        1,037,981  

Horizon Bancorp, Inc.

     43,872        468,553  

Independent Bank Corp.

     15,224        279,208  

John Marshall Bancorp, Inc.

     5,557        99,192  

Kearny Financial Corp.

     50,621        350,804  

Lakeland Bancorp, Inc.

     33,345        420,814  

Lakeland Financial Corp.

     9,399        446,077  

Live Oak Bancshares, Inc.

     21,195        613,595  

Luther Burbank Corp.

     61,794        519,070  

Macatawa Bank Corp.

     11,331        101,526  

Mercantile Bank Corp.

     11,270        348,356  

Metrocity Bankshares, Inc.

     22,406        440,950  

Metropolitan Bank Holding Corp.*

     10,754        390,155  

Mid Penn Bancorp, Inc.

     6,856        138,011  

Midland States Bancorp, Inc.

     23,433        481,314  

MidWestOne Financial Group, Inc.

     12,812        260,468  

MVB Financial Corp.

     11,972        270,328  

National Bank Holdings Corp., Class A

     14,839        441,609  

NBT Bancorp, Inc.

     24,599        779,542  

Nicolet Bankshares, Inc.

     7,286        508,417  

Northeast Bank

     9,014        397,517  

Northfield Bancorp, Inc.

     29,954        283,065  

Northrim Bancorp, Inc.

     5,244        207,767  

Northwest Bancshares, Inc.

     59,669        610,414  

OceanFirst Financial Corp.

     36,164        523,293  

Old Second Bancorp, Inc.

     11,814        160,789  

Origin Bancorp, Inc.

     15,558        449,159  

Orrstown Financial Services, Inc.

     7,643        160,579  

Parke Bancorp, Inc.

     15,555        253,391  

Pathward Financial, Inc.

     24,771        1,141,695  

PCB Bancorp

     16,497        254,879  

Peapack-Gladstone Financial Corp.

     9,404        241,213  

Peoples Bancorp, Inc.

     26,902        682,773  

Peoples Financial Services Corp.

     4,064        162,966  

Preferred Bank

     9,695        603,514  

Premier Financial Corp.

     20,323        346,710  

Primis Financial Corp.

     9,048        73,741  

Provident Bancorp, Inc.*

     28,031        271,620  

Provident Financial Services, Inc.

     52,036        795,630  

QCR Holdings, Inc.

     14,734        714,894  

RBB Bancorp

     22,117        282,655  

Renasant Corp.

     28,225        739,213  

Republic Bancorp, Inc., Class A

     15,130        666,476  

S&T Bancorp, Inc.

     22,308        604,101  

Sandy Spring Bancorp, Inc.

     34,026        729,177  

Seacoast Banking Corp. of Florida

     30,326        665,959  

Shore Bancshares, Inc.(a)

     7,635        80,320  

Sierra Bancorp

     18,980      359,861  

SmartFinancial, Inc.

     6,387        136,490  

South Plains Financial, Inc.

     11,049        292,136  

Southern First Bancshares, Inc.*

     5,969        160,805  

Southern Missouri Bancorp, Inc.

     5,517        213,453  

Southside Bancshares, Inc.

     22,843        655,594  

Stellar Bancorp, Inc.

     13,854        295,367  

Stock Yards Bancorp, Inc.

     9,520        374,041  

Summit Financial Group, Inc.

     12,292        277,062  

Third Coast Bancshares, Inc.*

     6,935        118,589  

Towne Bank

     43,747        1,003,119  

TriCo Bancshares

     15,308        490,315  

Triumph Financial, Inc.*

     10,838        702,194  

TrustCo Bank Corp.

     11,240        306,740  

Trustmark Corp.

     30,119        654,486  

Unity Bancorp, Inc.

     8,272        193,813  

Univest Financial Corp.

     14,295        248,447  

Veritex Holdings, Inc.

     33,834        607,320  

Washington Federal, Inc.

     44,972        1,152,183  

Washington Trust Bancorp, Inc.

     12,038        316,961  

WesBanco, Inc.

     36,862        900,170  

West BanCorp, Inc.

     18,694        304,899  

Westamerica BanCorp

     11,377        492,055  
     

 

 

 
Total Banks

 

     63,354,753  
Beverages – 0.1%

 

Duckhorn Portfolio, Inc.*

     32,158        329,941  

Vita Coco Co., Inc.*

     11,934        310,761  
     

 

 

 
Total Beverages

 

     640,702  
Biotechnology – 1.6%

 

ACADIA Pharmaceuticals, Inc.*

     34,317        715,166  

Arcus Biosciences, Inc.*

     16,724        300,196  

Avid Bioservices, Inc.*

     14,610        137,918  

Catalyst Pharmaceuticals, Inc.*

     26,787        313,140  

Chimerix, Inc.*(a)

     165,991        159,318  

Dynavax Technologies Corp.*

     157,659        2,328,624  

Eagle Pharmaceuticals, Inc.*

     20,194        318,459  

Emergent BioSolutions, Inc.*

     52,730        179,282  

Humacyte, Inc.*(a)

     87,913        257,585  

Intercept Pharmaceuticals, Inc.*(a)

     79,419        1,472,428  

Ironwood Pharmaceuticals, Inc.*

     100,962        972,264  

iTeos Therapeutics, Inc.*

     66,913        732,697  

Organogenesis Holdings, Inc.*

     212,253        674,965  

Puma Biotechnology, Inc.*

     27,403        72,070  

REGENXBIO, Inc.*

     22,783        375,008  

Selecta Biosciences, Inc.*(a)

     252,443        267,590  

Vanda Pharmaceuticals, Inc.*

     8,299        35,852  

Xencor, Inc.*

     13,005        262,051  
     

 

 

 
Total Biotechnology

 

     9,574,613  
Building Products – 2.7%

 

American Woodmark Corp.*

     13,730        1,038,125  

Apogee Enterprises, Inc.

     12,440        585,675  

AZZ, Inc.

     18,177        828,508  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

CSW Industrials, Inc.

     4,651      $ 815,041  

Gibraltar Industries, Inc.*

     15,262        1,030,338  

Griffon Corp.

     40,634        1,611,951  

Hayward Holdings, Inc.*(a)

     196,111        2,765,165  

Insteel Industries, Inc.

     28,495        924,948  

Janus International Group, Inc.*

     55,233        590,993  

JELD-WEN Holding, Inc.*

     120,165        1,605,404  

PGT Innovations, Inc.*

     43,203        1,198,883  

Quanex Building Products Corp.

     24,634        693,940  

Resideo Technologies, Inc.*

     129,841        2,051,488  
     

 

 

 
Total Building Products

 

     15,740,459  
Capital Markets – 4.4%

 

Artisan Partners Asset Management, Inc., Class A

     45,369        1,697,708  

AssetMark Financial Holdings, Inc.*

     33,255        834,035  

Avantax, Inc.*

     26,461        676,872  

Bakkt Holdings, Inc.*(a)

     164,960        193,003  

BGC Group, Inc., Class A

     536,542        2,832,942  

Bridge Investment Group Holdings, Inc., Class A

     19,788        182,050  

Brightsphere Investment Group, Inc.

     30,642        594,148  

Diamond Hill Investment Group, Inc.

     1,745        294,155  

Donnelley Financial Solutions, Inc.*

     20,987        1,181,148  

GCM Grosvenor, Inc., Class A

     83,243        645,966  

Greenhill & Co., Inc.

     11,399        168,705  

Open Lending Corp., Class A*

     107,114        784,075  

Oppenheimer Holdings, Inc., Class A

     14,132        541,397  

P10, Inc., Class A

     57,668        671,832  

Perella Weinberg Partners(a)

     52,797        537,473  

Piper Sandler Cos.

     12,688        1,843,693  

PJT Partners, Inc., Class A

     11,747        933,182  

Silvercrest Asset Management Group, Inc., Class A

     7,052        111,915  

StepStone Group, Inc., Class A

     22,599        713,676  

StoneX Group, Inc.*

     14,115        1,368,026  

TPG, Inc.

     86,811        2,614,747  

Victory Capital Holdings, Inc., Class A

     78,772        2,626,259  

Virtu Financial, Inc., Class A

     120,887        2,087,719  

Virtus Investment Partners, Inc.

     8,602        1,737,518  
     

 

 

 
Total Capital Markets

 

     25,872,244  
Chemicals – 1.5%

 

AdvanSix, Inc.

     28,512        886,153  

Alto Ingredients, Inc.*(a)

     69,005        305,002  

American Vanguard Corp.

     11,516        125,870  

Ecovyst, Inc.*

     64,104        630,783  

FutureFuel Corp.

     27,903        200,065  

Hawkins, Inc.

     11,437        673,067  

Intrepid Potash, Inc.*(a)

     15,826        398,182  

Koppers Holdings, Inc.

     24,314        961,619  

Kronos Worldwide, Inc.

     119,839        928,752  

LSB Industries, Inc.*

     91,613        937,201  

Mativ Holdings, Inc.

     34,630        493,824  

Minerals Technologies, Inc.

     18,710        1,024,560  

Stepan Co.

     9,994        749,250  

Valhi, Inc.

     41,315        547,837  
     

 

 

 
Total Chemicals

 

     8,862,165  
Commercial Services & Supplies – 2.2%

 

ACCO Brands Corp.

     158,715      911,024  

ARC Document Solutions, Inc.

     25,131        79,917  

Aris Water Solutions, Inc., Class A

     10,671        106,497  

Brady Corp., Class A

     23,706        1,301,933  

BrightView Holdings, Inc.*

     111,560        864,590  

CECO Environmental Corp.*

     18,886        301,609  

CoreCivic, Inc.*

     45,902        516,397  

Deluxe Corp.

     69,596        1,314,668  

Ennis, Inc.

     16,231        344,422  

Enviri Corp.*

     28,602        206,506  

GEO Group, Inc.*

     99,216        811,587  

Healthcare Services Group, Inc.

     14,808        154,447  

Heritage-Crystal Clean, Inc.*

     15,625        708,594  

HNI Corp.

     23,404        810,481  

Interface, Inc.

     59,447        583,175  

Liquidity Services, Inc.*

     14,672        258,521  

Matthews International Corp., Class A

     17,082        664,661  

MillerKnoll, Inc.

     49,949        1,221,253  

OPENLANE, Inc.*

     21,290        317,647  

Pitney Bowes, Inc.

     32,341        97,670  

Quad/Graphics, Inc.*(a)

     43,044        216,511  

SP Plus Corp.*

     11,811        426,377  

Steelcase, Inc., Class A

     32,527        363,327  

VSE Corp.

     7,214        363,874  
     

 

 

 
Total Commercial Services & Supplies

 

     12,945,688  
Communications Equipment – 0.6%

 

ADTRAN Holdings, Inc.

     16,367        134,700  

Aviat Networks, Inc.*

     9,071        283,015  

Clearfield, Inc.*(a)

     4,151        118,968  

CommScope Holding Co., Inc.*

     248,357        834,480  

Digi International, Inc.*

     11,662        314,874  

DZS, Inc.*(a)

     5,273        11,074  

Harmonic, Inc.*

     29,056        279,809  

Lantronix, Inc.*(a)

     10,391        46,240  

NETGEAR, Inc.*

     5,372        67,633  

Ribbon Communications, Inc.*

     11,444        30,670  

Viavi Solutions, Inc.*

     134,516        1,229,476  
     

 

 

 
Total Communications Equipment

 

     3,350,939  
Construction & Engineering – 1.1%

 

Ameresco, Inc., Class A*(a)

     10,683        411,936  

Argan, Inc.

     6,982        317,821  

Concrete Pumping Holdings, Inc.*

     25,829        221,613  

Construction Partners, Inc., Class A*

     12,218        446,690  

Granite Construction, Inc.

     13,479        512,472  

IES Holdings, Inc.*

     8,348        549,883  

MYR Group, Inc.*

     6,053        815,702  

Northwest Pipe Co.*(a)

     7,448        224,706  

Primoris Services Corp.

     39,343        1,287,696  

Sterling Infrastructure, Inc.*

     20,917        1,536,981  
     

 

 

 
Total Construction & Engineering

 

     6,325,500  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Construction Materials – 0.1%

 

U.S. Lime & Minerals, Inc.

     2,553      $ 513,153  
Consumer Finance – 3.1%

 

Atlanticus Holdings Corp.*

     27,584        836,071  

Bread Financial Holdings, Inc.

     96,132        3,287,715  

Consumer Portfolio Services, Inc.*

     40,733        369,448  

Encore Capital Group, Inc.*

     43,425        2,073,978  

Enova International, Inc.*

     42,107        2,141,983  

EZCORP, Inc., Class A*(a)

     38,232        315,414  

Green Dot Corp., Class A*

     50,905        709,107  

LendingClub Corp.*

     198,108        1,208,459  

Navient Corp.

     195,729        3,370,453  

Oportun Financial Corp.*

     66,070        477,025  

PRA Group, Inc.*

     23,556        452,511  

PROG Holdings, Inc.*

     47,948        1,592,353  

Regional Management Corp.

     19,415        537,407  

World Acceptance Corp.*

     3,834        487,148  
     

 

 

 
Total Consumer Finance

 

     17,859,072  
Consumer Staples Distribution & Retail – 0.9%

 

Andersons, Inc.

     25,678        1,322,674  

Chefs’ Warehouse, Inc.*

     9,282        196,593  

Ingles Markets, Inc., Class A

     19,135        1,441,439  

Natural Grocers by Vitamin Cottage, Inc.

     10,537        136,033  

PriceSmart, Inc.

     9,814        730,456  

SpartanNash Co.

     21,657        476,454  

Village Super Market, Inc., Class A

     6,293        142,473  

Weis Markets, Inc.

     10,045        632,835  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     5,078,957  
Containers & Packaging – 0.8%

 

Myers Industries, Inc.

     16,355        293,245  

O-I Glass, Inc.*

     151,740        2,538,610  

Pactiv Evergreen, Inc.

     177,938        1,446,636  

TriMas Corp.

     22,337        553,064  
     

 

 

 
Total Containers & Packaging

 

     4,831,555  
Diversified Consumer Services – 1.8%

 

Adtalem Global Education, Inc.*

     31,235        1,338,420  

Carriage Services, Inc.

     14,359        405,642  

Coursera, Inc.*

     34,574        646,188  

Duolingo, Inc.*

     6,864        1,138,532  

European Wax Center, Inc., Class A*(a)

     12,866        208,429  

Frontdoor, Inc.*

     29,662        907,360  

Graham Holdings Co., Class B

     2,024        1,179,992  

Laureate Education, Inc.

     34,476        486,112  

Lincoln Educational Services Corp.*

     20,446        172,769  

Perdoceo Education Corp.

     53,044        907,052  

Rover Group, Inc.*

     43,594        272,898  

Strategic Education, Inc.

     8,210        617,802  

Stride, Inc.*

     18,186        818,916  

Universal Technical Institute, Inc.*

     18,449        154,603  

WW International, Inc.*

     125,149        1,385,399  
     

 

 

 
Total Diversified Consumer Services

 

     10,640,114  
Diversified REITs – 0.4%

 

Alexander & Baldwin, Inc.

     9,387      157,044  

Alpine Income Property Trust, Inc.

     9,499        155,404  

American Assets Trust, Inc.

     12,780        248,571  

Armada Hoffler Properties, Inc.

     47,261        483,953  

CTO Realty Growth, Inc.

     5,246        85,038  

Empire State Realty Trust, Inc., Class A

     42,936        345,205  

NexPoint Diversified Real Estate Trust(a)

     74,514        649,017  

One Liberty Properties, Inc.

     11,609        219,062  
     

 

 

 
Total Diversified REITs

 

     2,343,294  
Diversified Telecommunication Services – 0.1%

 

Bandwidth, Inc., Class A*

     2,461        27,736  

Consolidated Communications Holdings, Inc.*

     27,564        94,269  

EchoStar Corp., Class A*

     22,111        370,359  

IDT Corp., Class B*

     13,728        302,702  

Ooma, Inc.*

     1,456        18,943  
     

 

 

 
Total Diversified Telecommunication Services

 

     814,009  
Electric Utilities – 0.4%

 

Genie Energy Ltd., Class B

     3,927        57,845  

Otter Tail Corp.

     33,297        2,527,908  

Via Renewables, Inc.

     750        5,437  
     

 

 

 
Total Electric Utilities

 

     2,591,190  
Electrical Equipment – 0.7%

 

Allient, Inc.

     5,351        165,453  

GrafTech International Ltd.(a)

     492,970        1,888,075  

LSI Industries, Inc.

     16,597        263,560  

Powell Industries, Inc.

     3,902        323,476  

Preformed Line Products Co.

     4,792        779,083  

Thermon Group Holdings, Inc.*

     14,793        406,364  

Vicor Corp.*

     7,475        440,203  
     

 

 

 
Total Electrical Equipment

 

     4,266,214  
Electronic Equipment, Instruments & Components – 1.7%

 

Arlo Technologies, Inc.*

     32,322        332,917  

Bel Fuse, Inc., Class B

     12,592        600,890  

Benchmark Electronics, Inc.

     17,456        423,483  

CTS Corp.

     13,426        560,401  

ePlus, Inc.*

     17,192        1,092,036  

FARO Technologies, Inc.*

     4,834        73,622  

Itron, Inc.*

     9,405        569,755  

Kimball Electronics, Inc.*

     16,933        463,626  

Knowles Corp.*

     43,904        650,218  

Luna Innovations, Inc.*

     4,864        28,503  

Methode Electronics, Inc.

     18,010        411,528  

Napco Security Technologies, Inc.

     10,362        230,554  

OSI Systems, Inc.*

     6,406        756,164  

PC Connection, Inc.

     12,368        660,204  

Richardson Electronics Ltd.

     5,098        55,721  

Rogers Corp.*

     6,233        819,453  

ScanSource, Inc.*

     21,780        660,152  

TTM Technologies, Inc.*

     77,175        994,014  

Vishay Precision Group, Inc.*

     8,749        293,791  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     9,677,032  

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Energy Equipment & Services – 0.8%

 

Archrock, Inc.

     40,660      $ 512,316  

Bristow Group, Inc.*

     9,207        259,361  

DMC Global, Inc.*

     9,185        224,757  

Natural Gas Services Group, Inc.*

     8,380        122,013  

Newpark Resources, Inc.*

     32,950        227,684  

Oceaneering International, Inc.*

     21,830        561,468  

ProFrac Holding Corp., Class A*(a)

     78,690        856,147  

RPC, Inc.

     107,064        957,152  

Select Water Solutions, Inc.

     37,046        294,516  

Solaris Oilfield Infrastructure, Inc., Class A

     15,133        161,318  

TETRA Technologies, Inc.*

     44,024        280,873  

U.S. Silica Holdings, Inc.*

     23,552        330,670  
     

 

 

 
Total Energy Equipment & Services

 

     4,788,275  
Entertainment – 0.2%

 

Marcus Corp.

     14,541        225,385  

Reservoir Media, Inc.*(a)

     27,346        166,811  

Sciplay Corp., Class A*

     13,880        316,048  

Vivid Seats, Inc., Class A*

     24,140        154,979  
     

 

 

 
Total Entertainment

 

     863,223  
Financial Services – 1.9%

 

A-Mark Precious Metals, Inc.

     35,829        1,050,865  

Alerus Financial Corp.

     15,884        288,771  

Cass Information Systems, Inc.

     5,786        215,529  

Federal Agricultural Mortgage Corp., Class C

     6,623        1,021,929  

I3 Verticals, Inc., Class A*(a)

     10,951        231,504  

International Money Express, Inc.*

     23,218        393,081  

Merchants Bancorp

     53,113        1,472,292  

NMI Holdings, Inc., Class A*

     95,852        2,596,631  

Ocwen Financial Corp.*

     14,132        365,736  

Paymentus Holdings, Inc., Class A*

     12,960        215,136  

Payoneer Global, Inc.*

     74,472        455,769  

Repay Holdings Corp.*

     77,609        589,052  

Rocket Cos., Inc., Class A*(a)

     101,569        830,834  

Shift4 Payments, Inc., Class A*

     11,781        652,314  

UWM Holdings Corp.(a)

     168,827        818,811  

Waterstone Financial, Inc.

     10,897        119,322  
     

 

 

 
Total Financial Services

 

     11,317,576  
Food Products – 0.8%

 

B&G Foods, Inc.

     41,349        408,942  

Cal-Maine Foods, Inc.

     30,718        1,487,366  

Calavo Growers, Inc.

     5,511        139,042  

Hain Celestial Group, Inc.*

     36,534        378,858  

John B Sanfilippo & Son, Inc.

     6,057        598,432  

Mission Produce, Inc.*(a)

     11,422        110,565  

Seneca Foods Corp., Class A*(a)

     5,541        298,272  

Sovos Brands, Inc.*

     29,606        667,615  

Tootsie Roll Industries, Inc.

     14,897        444,824  

Utz Brands, Inc.

     19,588        263,067  

Whole Earth Brands, Inc.*

     28,287        101,833  
     

 

 

 
Total Food Products

 

     4,898,816  
Gas Utilities – 0.2%

 

Chesapeake Utilities Corp.

     5,804      567,341  

Northwest Natural Holding Co.

     8,478        323,521  
     

 

 

 
Total Gas Utilities

 

     890,862  
Ground Transportation – 1.8%

 

ArcBest Corp.

     29,980        3,047,467  

Covenant Logistics Group, Inc.

     17,905        785,134  

Daseke, Inc.*

     61,100        313,443  

Heartland Express, Inc.

     35,104        515,678  

Marten Transport Ltd.

     35,160        693,004  

PAM Transportation Services, Inc.*

     28,128        606,158  

Schneider National, Inc., Class B

     131,478        3,640,626  

Universal Logistics Holdings, Inc.

     30,625        771,137  
     

 

 

 
Total Ground Transportation

 

     10,372,647  
Health Care Equipment & Supplies – 1.2%

 

Atrion Corp.

     397        164,029  

Avanos Medical, Inc.*

     18,999        384,160  

Bioventus, Inc., Class A*(a)

     77,251        254,928  

CONMED Corp.

     9,119        919,651  

Embecta Corp.

     67,120        1,010,156  

Glaukos Corp.*

     8,585        646,021  

Integer Holdings Corp.*

     11,707        918,180  

iRadimed Corp.

     4,963        220,208  

LeMaitre Vascular, Inc.

     5,068        276,105  

Omnicell, Inc.*

     23,800        1,071,952  

Orthofix Medical, Inc.*

     3,426        44,058  

Semler Scientific, Inc.*

     4,533        115,002  

Sensus Healthcare, Inc.*

     24,093        66,738  

UFP Technologies, Inc.*

     3,010        485,965  

Utah Medical Products, Inc.

     1,965        168,990  

Varex Imaging Corp.*

     22,815        428,694  

Zynex, Inc.*(a)

     12,494        99,952  
     

 

 

 
Total Health Care Equipment & Supplies

 

     7,274,789  
Health Care Providers & Services – 1.5%

 

Addus HomeCare Corp.*

     4,347        370,321  

Agiliti, Inc.*

     44,164        286,624  

Apollo Medical Holdings, Inc.*

     16,714        515,627  

Cross Country Healthcare, Inc.*

     39,004        966,909  

DocGo, Inc.*(a)

     33,941        180,905  

Enhabit, Inc.*

     39,736        447,030  

Fulgent Genetics, Inc.*(a)

     54,222        1,449,896  

Joint Corp.*

     605        5,439  

ModivCare, Inc.*

     9,284        292,539  

National Research Corp.

     5,316        235,871  

Owens & Minor, Inc.*

     72,307        1,168,481  

Pediatrix Medical Group, Inc.*

     65,901        837,602  

Pennant Group, Inc.*

     11,953        133,037  

PetIQ, Inc.*

     25,571        503,749  

RadNet, Inc.*

     11,430        322,212  

Surgery Partners, Inc.*(a)

     18,710        547,267  

U.S. Physical Therapy, Inc.

     2,319        212,722  
     

 

 

 
Total Health Care Providers & Services

 

     8,476,231  

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Health Care REITs – 0.3%

 

Community Healthcare Trust, Inc.

     7,854      $ 233,264  

LTC Properties, Inc.

     15,299        491,557  

National Health Investors, Inc.

     10,318        529,932  

Universal Health Realty Income Trust

     14,451        584,254  
     

 

 

 
Total Health Care REITs

 

     1,839,007  
Health Care Technology – 0.7%

 

Computer Programs & Systems, Inc.*

     9,859        157,152  

Definitive Healthcare Corp.*

     23,201        185,376  

GoodRx Holdings, Inc., Class A*

     130,573        735,126  

HealthStream, Inc.

     10,077        217,462  

Multiplan Corp.*(a)

     647,492        1,087,786  

NextGen Healthcare, Inc.*

     21,596        512,473  

OptimizeRx Corp.*(a)

     2,933        22,819  

Simulations Plus, Inc.

     4,898        204,247  

Veradigm, Inc.*

     58,563        769,518  
     

 

 

 
Total Health Care Technology

 

     3,891,959  
Hotel & Resort REITs – 0.4%

 

DiamondRock Hospitality Co.

     55,571        446,235  

Hersha Hospitality Trust, Class A

     54,946        541,768  

Sunstone Hotel Investors, Inc.

     122,106        1,141,691  
     

 

 

 
Total Hotel & Resort REITs

 

     2,129,694  
Hotels, Restaurants & Leisure – 2.2%

 

Accel Entertainment, Inc.*

     67,571        739,902  

Bloomin’ Brands, Inc.

     76,911        1,891,241  

Bluegreen Vacations Holding Corp.

     22,672        831,609  

Bowlero Corp., Class A*(a)

     21,081        202,799  

Brinker International, Inc.*

     21,135        667,655  

Century Casinos, Inc.*

     30,009        153,946  

Cheesecake Factory, Inc.

     15,592        472,438  

Chuy’s Holdings, Inc.*

     9,020        320,932  

Cracker Barrel Old Country Store, Inc.

     10,081        677,443  

Dave & Buster’s Entertainment, Inc.*

     23,748        880,338  

Denny’s Corp.*

     27,001        228,698  

Dine Brands Global, Inc.

     9,978        493,412  

Dutch Bros, Inc., Class A*(a)

     9,996        232,407  

El Pollo Loco Holdings, Inc.

     15,677        140,309  

Everi Holdings, Inc.*

     79,558        1,051,757  

First Watch Restaurant Group, Inc.*

     14,937        258,261  

Golden Entertainment, Inc.

     15,693        536,387  

Jack in the Box, Inc.

     12,215        843,568  

Monarch Casino & Resort, Inc.

     7,159        444,574  

ONE Group Hospitality, Inc.*(a)

     31,010        170,555  

RCI Hospitality Holdings, Inc.

     4,352        263,992  

Sabre Corp.*(a)

     69,840        313,582  

Six Flags Entertainment Corp.*

     31,654        744,186  

Target Hospitality Corp.*(a)

     21,402        339,864  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     12,899,855  
Household Durables – 6.7%

 

Bassett Furniture Industries, Inc.

     17,764        260,243  

Beazer Homes USA, Inc.*

     59,147        1,473,352  

Cavco Industries, Inc.*

     7,498        1,991,919  

Century Communities, Inc.

     57,333      3,828,698  

Cricut, Inc., Class A(a)

     47,475        441,043  

Dream Finders Homes, Inc., Class A*(a)

     65,076        1,446,639  

Ethan Allen Interiors, Inc.

     27,833        832,207  

GoPro, Inc., Class A*(a)

     174,162        546,869  

Green Brick Partners, Inc.*

     83,816        3,479,202  

Hooker Furnishings Corp.

     2,140        41,623  

Hovnanian Enterprises, Inc., Class A*

     10,465        1,063,872  

Installed Building Products, Inc.

     18,016        2,250,018  

La-Z-Boy, Inc.

     46,634        1,440,058  

Landsea Homes Corp.*

     83,464        750,341  

Legacy Housing Corp.*

     21,485        417,024  

LGI Homes, Inc.*

     27,552        2,741,148  

Lovesac Co.*

     15,968        318,083  

M/I Homes, Inc.*

     53,264        4,476,307  

MDC Holdings, Inc.

     135,508        5,586,995  

Sonos, Inc.*(a)

     28,417        366,863  

Tri Pointe Homes, Inc.*

     187,581        5,130,340  

Tupperware Brands Corp.*(a)

     77,443        108,420  

Universal Electronics, Inc.*

     2,284        20,670  
     

 

 

 
Total Household Durables

 

     39,011,934  
Household Products – 0.6%

 

Central Garden & Pet Co., Class A*

     27,009        1,082,791  

Energizer Holdings, Inc.

     38,573        1,235,879  

Spectrum Brands Holdings, Inc.

     8,476        664,095  

WD-40 Co.

     3,209        652,197  
     

 

 

 
Total Household Products

 

     3,634,962  
Independent Power & Renewable Electricity Producers – 0.1%

 

Montauk Renewables, Inc.*(a)

     31,905        290,655  
Insurance – 2.2%

 

Ambac Financial Group, Inc.*

     82,268        992,152  

AMERISAFE, Inc.

     5,380        269,377  

BRP Group, Inc., Class A*

     13,594        315,789  

Donegal Group, Inc., Class A

     9,574        136,477  

Employers Holdings, Inc.

     11,755        469,612  

Genworth Financial, Inc., Class A*

     837,396        4,907,141  

Goosehead Insurance, Inc., Class A*

     5,602        417,517  

Hagerty, Inc., Class A*

     18,620        152,125  

Horace Mann Educators Corp.

     17,415        511,653  

Investors Title Co.

     938        138,908  

National Western Life Group, Inc., Class A

     3,614        1,581,089  

Palomar Holdings, Inc.*

     7,354        373,215  

ProAssurance Corp.

     21,742        410,706  

Safety Insurance Group, Inc.

     6,598        449,918  

Stewart Information Services Corp.

     38,022        1,665,364  

United Fire Group, Inc.

     15,475        305,631  
     

 

 

 
Total Insurance

 

     13,096,674  
Interactive Media & Services – 0.8%

 

Cargurus, Inc.*

     86,698        1,518,949  

Cars.com, Inc.*

     66,809        1,126,399  

DHI Group, Inc.*

     9,563        29,263  

QuinStreet, Inc.*

     10,724        96,194  

 

See Notes to Financial Statements.

 

WisdomTree Trust      87  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Shutterstock, Inc.

     18,376      $ 699,207  

System1, Inc.*

     23,190        28,060  

Yelp, Inc.*

     15,649        650,842  

ZipRecruiter, Inc., Class A*

     28,518        341,931  
     

 

 

 
Total Interactive Media & Services

 

     4,490,845  
IT Services – 0.5%

 

Brightcove, Inc.*

     3,388        11,146  

Grid Dynamics Holdings, Inc.*

     22,814        277,874  

Hackett Group, Inc.

     17,529        413,509  

Information Services Group, Inc.

     34,408        150,707  

Perficient, Inc.*

     14,180        820,455  

Rackspace Technology, Inc.*(a)

     264,019        620,445  

Squarespace, Inc., Class A*

     19,311        559,440  

Unisys Corp.*

     44,098        152,138  
     

 

 

 
Total IT Services

 

     3,005,714  
Leisure Products – 1.5%

 

American Outdoor Brands, Inc.*

     2,427        23,736  

AMMO, Inc.*(a)

     117,206        236,756  

Funko, Inc., Class A*(a)

     39,986        305,893  

JAKKS Pacific, Inc.*

     17,285        321,328  

Johnson Outdoors, Inc., Class A

     5,460        298,607  

Malibu Boats, Inc., Class A*

     21,131        1,035,842  

MasterCraft Boat Holdings, Inc.*

     27,649        614,361  

Smith & Wesson Brands, Inc.

     61,314        791,564  

Solo Brands, Inc., Class A*

     125,854        641,855  

Sturm Ruger & Co., Inc.

     12,667        660,204  

Vista Outdoor, Inc.*(a)

     107,341        3,555,134  
     

 

 

 
Total Leisure Products

 

     8,485,280  
Life Sciences Tools & Services – 0.9%

 

Cytek Biosciences, Inc.*(a)

     30,381        167,703  

Maravai LifeSciences Holdings, Inc., Class A*

     189,813        1,898,130  

Mesa Laboratories, Inc.

     1,815        190,702  

Sotera Health Co.*(a)

     198,043        2,966,684  
     

 

 

 
Total Life Sciences Tools & Services

 

     5,223,219  
Machinery – 2.6%

 

Alamo Group, Inc.

     4,310        745,027  

Astec Industries, Inc.

     1,926        90,734  

Barnes Group, Inc.

     17,286        587,205  

CIRCOR International, Inc.*

     8,693        484,635  

Columbus McKinnon Corp.

     20,216        705,741  

Commercial Vehicle Group, Inc.*

     21,335        165,560  

Douglas Dynamics, Inc.

     7,668        231,420  

Energy Recovery, Inc.*

     13,449        285,253  

Enerpac Tool Group Corp.

     14,717        388,970  

EnPro Industries, Inc.

     8,393        1,017,148  

ESCO Technologies, Inc.

     5,832        609,094  

Gorman-Rupp Co.

     4,627        152,228  

Greenbrier Cos., Inc.

     10,510        420,400  

Helios Technologies, Inc.

     19,189        1,064,606  

Hillman Solutions Corp.*

     72,896        601,392  

Kadant, Inc.

     3,406        768,223  

Kennametal, Inc.

     42,126        1,048,095  

Lindsay Corp.

     3,210      377,753  

Manitowoc Co., Inc.*

     26,504        398,885  

Miller Industries, Inc.

     6,091        238,828  

Mueller Water Products, Inc., Class A

     54,434        690,223  

Omega Flex, Inc.

     2,555        201,155  

Proto Labs, Inc.*

     13,750        363,000  

REV Group, Inc.

     18,638        298,208  

Shyft Group, Inc.

     12,244        183,293  

Standex International Corp.

     6,016        876,471  

Tennant Co.

     6,537        484,719  

Titan International, Inc.*

     64,271        863,159  

Trinity Industries, Inc.

     16,769        408,325  

Wabash National Corp.

     19,089        403,160  
     

 

 

 
Total Machinery

 

     15,152,910  
Marine Transportation – 1.1%

 

Matson, Inc.

     73,850        6,551,972  
Media – 2.0%

 

Advantage Solutions, Inc.*(a)

     605,674        1,720,114  

Altice USA, Inc., Class A*

     579,667        1,895,511  

AMC Networks, Inc., Class A*

     61,808        728,098  

Cumulus Media, Inc., Class A*

     35,671        181,565  

Daily Journal Corp.*

     744        218,736  

Entravision Communications Corp., Class A

     50,217        183,292  

EW Scripps Co., Class A*

     50,320        275,754  

Gannett Co., Inc.*

     253,271        620,514  

Gray Television, Inc.

     147,358        1,019,717  

John Wiley & Sons, Inc., Class A

     31,911        1,186,132  

Magnite, Inc.*

     53,239        401,422  

PubMatic, Inc., Class A*(a)

     23,192        280,623  

Scholastic Corp.

     11,830        451,196  

Sinclair, Inc.(a)

     97,167        1,090,214  

TechTarget, Inc.*

     13,640        414,110  

Thryv Holdings, Inc.*

     40,176        754,104  

WideOpenWest, Inc.*

     24,647        188,550  
     

 

 

 
Total Media

 

     11,609,652  
Metals & Mining – 2.4%

 

Century Aluminum Co.*

     61,665        443,371  

Compass Minerals International, Inc.

     9,016        251,997  

Haynes International, Inc.

     5,563        258,791  

Kaiser Aluminum Corp.

     3,788        285,085  

Materion Corp.

     7,975        812,732  

Olympic Steel, Inc.

     18,887        1,061,638  

Ramaco Resources, Inc., Class A

     72,028        791,588  

Ramaco Resources, Inc., Class B

     14,400        171,792  

Ryerson Holding Corp.

     66,489        1,934,165  

Schnitzer Steel Industries, Inc., Class A

     36,492        1,016,302  

SunCoke Energy, Inc.

     84,153        854,153  

TimkenSteel Corp.*

     57,978        1,259,282  

Tredegar Corp.

     31,096        168,230  

Warrior Met Coal, Inc.

     95,879        4,897,499  
     

 

 

 
Total Metals & Mining

 

     14,206,625  

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
Multi-Utilities – 0.1%

 

Unitil Corp.

     6,324      $ 270,098  
Office REITs – 0.4%

 

Brandywine Realty Trust

     207,059        940,048  

Easterly Government Properties, Inc.

     26,288        300,472  

JBG SMITH Properties

     30,330        438,572  

Office Properties Income Trust

     19,855        81,405  

Paramount Group, Inc.

     63,918        295,301  

Piedmont Office Realty Trust, Inc., Class A

     24,772        139,219  

Postal Realty Trust, Inc., Class A

     1,976        26,676  
     

 

 

 
Total Office REITs

 

     2,221,693  
Oil, Gas & Consumable Fuels – 4.6%

 

Amplify Energy Corp.*(a)

     49,060        360,591  

Berry Corp.

     130,496        1,070,067  

Clean Energy Fuels Corp.*

     52,316        200,370  

Crescent Energy Co., Class A

     44,678        564,730  

Delek U.S. Holdings, Inc.

     77,646        2,205,923  

Earthstone Energy, Inc., Class A*

     161,898        3,276,815  

Excelerate Energy, Inc., Class A

     10,259        174,813  

Gulfport Energy Corp.*

     38,300        4,544,678  

NACCO Industries, Inc., Class A

     7,814        274,037  

Overseas Shipholding Group, Inc., Class A*

     36,746        161,315  

Par Pacific Holdings, Inc.*

     103,440        3,717,634  

PHX Minerals, Inc.

     27,328        99,474  

REX American Resources Corp.*

     12,707        517,429  

SandRidge Energy, Inc.

     57,709        903,723  

SilverBow Resources, Inc.*(a)

     41,978        1,501,553  

Sitio Royalties Corp., Class A

     48,362        1,170,844  

Talos Energy, Inc.*

     88,914        1,461,746  

VAALCO Energy, Inc.

     133,758        587,198  

Vital Energy, Inc.*

     35,461        1,965,249  

W&T Offshore, Inc.*

     288,645        1,264,265  

World Kinect Corp.

     29,323        657,715  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     26,680,169  
Paper & Forest Products – 0.4%

 

Clearwater Paper Corp.*

     15,061        545,961  

Sylvamo Corp.

     41,861        1,839,373  
     

 

 

 
Total Paper & Forest Products

 

     2,385,334  
Passenger Airlines – 0.5%

 

Allegiant Travel Co.

     5,513        423,729  

SkyWest, Inc.*

     48,466        2,032,664  

Sun Country Airlines Holdings, Inc.*(a)

     14,134        209,749  
     

 

 

 
Total Passenger Airlines

 

     2,666,142  
Personal Care Products – 0.4%

 

Edgewell Personal Care Co.

     23,910        883,714  

Medifast, Inc.

     9,049        677,318  

Nature’s Sunshine Products, Inc.*

     13,871        229,842  

Nu Skin Enterprises, Inc., Class A

     9,785        207,540  

USANA Health Sciences, Inc.*

     9,732        570,392  
     

 

 

 
Total Personal Care Products

 

     2,568,806  
Pharmaceuticals – 1.3%

 

Amneal Pharmaceuticals, Inc.*

     273,860      1,155,689  

Amphastar Pharmaceuticals, Inc.*

     20,683        951,211  

ANI Pharmaceuticals, Inc.*

     4,600        267,076  

Assertio Holdings, Inc.*(a)

     80,603        206,344  

Atea Pharmaceuticals, Inc.*

     60,149        180,447  

Collegium Pharmaceutical, Inc.*

     32,046        716,228  

Innoviva, Inc.*

     133,716        1,736,971  

Ligand Pharmaceuticals, Inc.*

     3,185        190,845  

Pacira BioSciences, Inc.*

     15,750        483,210  

Phibro Animal Health Corp., Class A

     35,884        458,239  

ProPhase Labs, Inc.*(a)

     20,866        91,184  

SIGA Technologies, Inc.(a)

     87,524        459,501  

Supernus Pharmaceuticals, Inc.*

     16,154        445,366  
     

 

 

 
Total Pharmaceuticals

 

     7,342,311  
Professional Services – 2.3%

 

Barrett Business Services, Inc.

     4,593        414,472  

CBIZ, Inc.*

     18,291        949,303  

Conduent, Inc.*

     103,940        361,711  

CRA International, Inc.

     3,614        364,147  

CSG Systems International, Inc.

     12,720        650,246  

DLH Holdings Corp.*

     13,051        152,305  

First Advantage Corp.

     81,955        1,130,159  

Forrester Research, Inc.*

     12,993        375,498  

Franklin Covey Co.*

     3,502        150,306  

Heidrick & Struggles International, Inc.

     22,010        550,690  

HireRight Holdings Corp.*

     110,016        1,046,252  

Huron Consulting Group, Inc.*

     6,664        694,122  

ICF International, Inc.

     7,323        884,692  

Kelly Services, Inc., Class A

     21,353        388,411  

Kforce, Inc.

     9,031        538,790  

Legalzoom.com, Inc.*

     43,052        470,989  

NV5 Global, Inc.*

     4,127        397,141  

RCM Technologies, Inc.*(a)

     10,032        196,025  

Resources Connection, Inc.

     26,872        400,662  

Sterling Check Corp.*(a)

     50,262        634,306  

TrueBlue, Inc.*

     30,983        454,521  

TTEC Holdings, Inc.

     26,570        696,665  

Verra Mobility Corp.*

     67,895        1,269,637  

Willdan Group, Inc.*

     8,786        179,498  
     

 

 

 
Total Professional Services

 

     13,350,548  
Real Estate Management & Development – 1.6%

 

Anywhere Real Estate, Inc.*

     195,834        1,259,213  

Douglas Elliman, Inc.

     71,396        161,355  

eXp World Holdings, Inc.(a)

     36,385        590,892  

Forestar Group, Inc.*

     81,059        2,183,729  

FRP Holdings, Inc.*

     2,513        135,627  

Kennedy-Wilson Holdings, Inc.

     40,398        595,467  

Marcus & Millichap, Inc.

     29,984        879,731  

Newmark Group, Inc., Class A

     284,176        1,827,252  

RE/MAX Holdings, Inc., Class A

     21,243        274,884  

RMR Group, Inc., Class A

     6,897        169,114  

St. Joe Co.

     14,576        791,914  

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Stratus Properties, Inc.*(a)

     15,806      $ 433,084  

Tejon Ranch Co.*

     12,325        199,912  
     

 

 

 
Total Real Estate Management & Development

 

     9,502,174  
Residential REITs – 0.2%

 

Apartment Investment & Management Co., Class A*

     102,016        693,709  

NexPoint Residential Trust, Inc.

     19,382        623,713  
     

 

 

 
Total Residential REITs

 

     1,317,422  
Retail REITs – 0.6%

 

Acadia Realty Trust

     25,501        365,939  

Alexander’s, Inc.

     2,696        491,292  

Getty Realty Corp.

     17,948        497,698  

NETSTREIT Corp.

     10,098        157,327  

Retail Opportunity Investments Corp.

     25,975        321,570  

RPT Realty

     34,251        361,690  

Saul Centers, Inc.

     7,899        278,598  

Tanger Factory Outlet Centers, Inc.

     25,826        583,668  

Urban Edge Properties

     24,926        380,371  

Whitestone REIT

     18,593        179,051  
     

 

 

 
Total Retail REITs

 

     3,617,204  
Semiconductors & Semiconductor Equipment – 1.4%

 

Aehr Test Systems*(a)

     5,147        235,218  

AXT, Inc.*

     10,361        24,866  

CEVA, Inc.*

     8,908        172,726  

Cohu, Inc.*

     26,195        902,156  

Everspin Technologies, Inc.*

     19,219        188,923  

FormFactor, Inc.*

     36,069        1,260,251  

NVE Corp.

     2,587        212,496  

PDF Solutions, Inc.*

     6,862        222,329  

Photronics, Inc.*

     35,990        727,358  

Semtech Corp.*

     47,619        1,226,189  

SiTime Corp.*(a)

     6,523        745,253  

Ultra Clean Holdings, Inc.*

     37,351        1,108,204  

Veeco Instruments, Inc.*

     35,430        995,937  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     8,021,906  
Software – 3.1%

 

8x8, Inc.*

     36,552        92,111  

A10 Networks, Inc.

     24,634        370,249  

ACI Worldwide, Inc.*

     54,221        1,223,226  

Adeia, Inc.

     74,633        797,080  

Agilysys, Inc.*

     4,567        302,153  

Alarm.com Holdings, Inc.*

     14,400        880,416  

Altair Engineering, Inc., Class A*

     11,564        723,444  

American Software, Inc., Class A

     4,861        55,707  

Appfolio, Inc., Class A*

     3,361        613,819  

Cerence, Inc.*

     20,980        427,363  

Cleanspark, Inc.*

     80,983        308,545  

Clearwater Analytics Holdings, Inc., Class A*(a)

     16,378        316,750  

Consensus Cloud Solutions, Inc.*

     13,383        336,984  

CoreCard Corp.*(a)

     4,892        97,840  

Digital Turbine, Inc.*

     64,050        387,502  

E2open Parent Holdings, Inc.*(a)

     68,959        313,074  

Ebix, Inc.(a)

     33,735      333,302  

eGain Corp.*

     4,123        25,274  

Enfusion, Inc., Class A*(a)

     15,716        140,972  

Everbridge, Inc.*

     9,537        213,820  

EverCommerce, Inc.*

     115,082        1,154,272  

Expensify, Inc., Class A*

     32,612        105,989  

InterDigital, Inc.

     12,787        1,026,029  

LiveRamp Holdings, Inc.*

     15,444        445,405  

MeridianLink, Inc.*

     21,396        365,016  

Mitek Systems, Inc.*(a)

     30,669        328,772  

Model N, Inc.*

     9,424        230,040  

N-able, Inc.*

     37,184        479,674  

Olo, Inc., Class A*

     29,159        176,704  

Progress Software Corp.

     23,210        1,220,382  

Q2 Holdings, Inc.*

     14,994        483,856  

Rapid7, Inc.*

     12,910        591,020  

Red Violet, Inc.*(a)

     3,267        65,373  

Rimini Street, Inc.*

     162,384        357,245  

SolarWinds Corp.*

     120,758        1,139,955  

SoundThinking, Inc.*

     2,746        49,153  

Telos Corp.*

     38,751        92,615  

Upland Software, Inc.*

     66,460        307,045  

Varonis Systems, Inc.*

     23,832        727,829  

Verint Systems, Inc.*

     26,536        610,063  

Vertex, Inc., Class A*

     15,095        348,694  
     

 

 

 
Total Software

 

     18,264,762  
Specialized REITs – 0.1%

 

Farmland Partners, Inc.

     6,247        64,094  

Four Corners Property Trust, Inc.

     25,764        571,703  
     

 

 

 
Total Specialized REITs

 

     635,797  
Specialty Retail – 5.1%

 

1-800-Flowers.com, Inc., Class A*(a)

     7,124        49,868  

Aaron’s Co., Inc.

     44,788        468,930  

Abercrombie & Fitch Co., Class A*

     11,540        650,510  

America’s Car-Mart, Inc.*(a)

     6,058        551,217  

Arhaus, Inc.*

     76,342        709,981  

Arko Corp.

     51,020        364,793  

Big 5 Sporting Goods Corp.

     27,596        193,448  

Boot Barn Holdings, Inc.*

     18,852        1,530,594  

Buckle, Inc.

     38,363        1,280,941  

Build-A-Bear Workshop, Inc.

     13,681        402,358  

Caleres, Inc.

     51,563        1,482,952  

Camping World Holdings, Inc., Class A

     69,644        1,421,434  

CarParts.com, Inc.*

     22,231        91,592  

Chico’s FAS, Inc.*

     140,863        1,053,655  

Children’s Place, Inc.*

     16,318        441,075  

Citi Trends, Inc.*

     5,249        116,633  

Conn’s, Inc.*

     10,629        41,985  

Container Store Group, Inc.*

     96,727        217,636  

Designer Brands, Inc., Class A

     102,325        1,295,434  

Destination XL Group, Inc.*(a)

     62,117        278,284  

Duluth Holdings, Inc., Class B*

     35,931        215,945  

Genesco, Inc.*

     16,021        493,767  

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  

Guess?, Inc.

     47,770      $ 1,033,743  

Haverty Furniture Cos., Inc.

     21,136        608,294  

Hibbett, Inc.

     13,035        619,293  

J Jill, Inc.*

     11,942        353,483  

JOANN, Inc.*(a)

     3,261        2,348  

Lands’ End, Inc.*

     15,409        115,105  

Lazydays Holdings, Inc.*(a)

     20,084        152,638  

LL Flooring Holdings, Inc.*

     7,668        24,308  

Lulu’s Fashion Lounge Holdings, Inc.*(a)

     34,056        68,453  

MarineMax, Inc.*

     42,623        1,398,887  

Monro, Inc.

     9,008        250,152  

ODP Corp.*

     31,184        1,439,142  

OneWater Marine, Inc., Class A*(a)

     27,590        706,856  

Overstock.com, Inc.*(a)

     13,691        216,592  

Petco Health & Wellness Co., Inc.*(a)

     139,435        570,289  

PetMed Express, Inc.

     10,722        109,900  

Revolve Group, Inc.*(a)

     20,597        280,325  

RumbleON, Inc., Class B*(a)

     32,782        200,954  

Sally Beauty Holdings, Inc.*

     148,404        1,243,625  

Shoe Carnival, Inc.

     31,162        748,823  

Sleep Number Corp.*

     10,592        260,457  

Sonic Automotive, Inc., Class A

     47,381        2,262,917  

Sportsman’s Warehouse Holdings, Inc.*(a)

     49,569        222,565  

Tile Shop Holdings, Inc.*

     38,095        209,142  

Tilly’s, Inc., Class A*

     22,777        184,949  

Torrid Holdings, Inc.*(a)

     143,144        316,348  

Upbound Group, Inc.

     67,907        1,999,861  

Winmark Corp.

     1,477        551,113  

Zumiez, Inc.*

     22,628        402,778  
     

 

 

 
Total Specialty Retail

 

     29,906,372  
Technology Hardware, Storage & Peripherals – 0.3%

 

Avid Technology, Inc.*

     14,129        379,646  

Corsair Gaming, Inc.*

     18,361        266,785  

Eastman Kodak Co.*

     16,747        70,505  

Immersion Corp.

     31,106        205,611  

Xerox Holdings Corp.

     42,347        664,425  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     1,586,972  
Textiles, Apparel & Luxury Goods – 2.1%

 

Figs, Inc., Class A*(a)

     38,354        226,289  

Fossil Group, Inc.*

     12,418        25,581  

G-III Apparel Group Ltd.*

     124,751        3,108,795  

Hanesbrands, Inc.

     514,836        2,038,751  

Kontoor Brands, Inc.

     40,076        1,759,737  

Lakeland Industries, Inc.

     1,989        29,974  

Levi Strauss & Co., Class A(a)

     188,043        2,553,624  

Movado Group, Inc.

     24,194        661,706  

Oxford Industries, Inc.

     9,916        953,225  

Rocky Brands, Inc.

     6,889        101,268  

Superior Group of Cos., Inc.

     6,064        47,178  

Vera Bradley, Inc.*

     22,610        149,452  

Wolverine World Wide, Inc.

     104,031        838,490  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     12,494,070  
Tobacco – 0.3%

 

Turning Point Brands, Inc.

     17,726      409,293  

Universal Corp.

     10,003        472,242  

Vector Group Ltd.

     81,460        866,734  
     

 

 

 
Total Tobacco

 

     1,748,269  
Trading Companies & Distributors – 2.4%

 

Alta Equipment Group, Inc.

     10,991        132,551  

BlueLinx Holdings, Inc.*

     17,600        1,444,784  

Custom Truck One Source, Inc.*(a)

     51,239        317,682  

Distribution Solutions Group, Inc.*

     11,620        302,120  

DXP Enterprises, Inc.*

     11,978        418,511  

Global Industrial Co.

     24,234        811,839  

GMS, Inc.*

     49,268        3,151,674  

H&E Equipment Services, Inc.

     21,136        912,864  

Hudson Technologies, Inc.*

     61,265        814,824  

McGrath RentCorp

     9,546        956,891  

MRC Global, Inc.*

     49,883        511,301  

NOW, Inc.*

     43,515        516,523  

Titan Machinery, Inc.*

     14,775        392,720  

Transcat, Inc.*

     2,914        285,485  

Veritiv Corp.

     19,140        3,232,746  
     

 

 

 
Total Trading Companies & Distributors

 

     14,202,515  
Water Utilities – 0.2%

 

Artesian Resources Corp., Class A

     6,402        268,820  

Middlesex Water Co.

     3,815        252,744  

Pure Cycle Corp.*

     12,035        115,536  

SJW Group

     6,863        412,535  

York Water Co.

     4,711        176,615  
     

 

 

 
Total Water Utilities

 

     1,226,250  
Wireless Telecommunication Services – 0.6%

 

Gogo, Inc.*

     118,365        1,412,094  

Telephone & Data Systems, Inc.

     34,716        635,650  

U.S. Cellular Corp.*

     29,832        1,281,881  
     

 

 

 
Total Wireless Telecommunication Services

 

     3,329,625  
Total United States

 

     582,971,157  
Philippines – 0.1%

 

Professional Services – 0.1%

 

TaskUS, Inc., Class A*(a)

     46,157        479,110  
TOTAL COMMON STOCKS
(Cost: $614,935,256)

 

     583,450,267  
WARRANTS – 0.0%

 

United States – 0.0%

 

OmniAb, Inc.,

     

exercise price $12.50, expiring 11/1/27*†

     2,562        0  

exercise price $15.00, expiring 11/1/27*†

     2,562        0  
TOTAL WARRANTS
(Cost: $0)

 

     0  

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Fund (EES)

September 30, 2023

 

 

 

Investments    Shares      Value  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.0%

 

United States – 2.0%

 

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

     
(Cost: $11,901,818)      11,901,818      $ 11,901,818  
TOTAL INVESTMENTS IN SECURITIES – 102.0%
(Cost: $626,837,074)

 

     595,352,085  

Other Assets less Liabilities – (2.0)%

 

     (11,567,774
     

 

 

 
NET ASSETS – 100.0%

 

   $ 583,784,311  
* 

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 $0, which represents 0.0% of net assets.

 

(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 $36,155,778. The Fund also had securities on loan having a total market value of $138,813 that were sold and pending settlement. The total market value of the collateral held by the Fund was $37,364,791. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $25,462,973.

 

(b) 

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

 

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 September 30, 2023 were as follows:

 

Affiliate    Value at
3/31/2023
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2023
     Dividend
Income
 

WisdomTree U.S. MidCap Fund^

   $ 1,253,597      $      $ 1,282,999      $ (74,853    $ 104,255      $      $ 4,789  
^ 

As of September 30, 2023, the Fund did not hold a position in this affiliate.

 

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

   $ 583,450,267      $      $      $ 583,450,267  

Warrants

                   0 *       0  

Investment of Cash Collateral for Securities Loaned

            11,901,818               11,901,818  

Total Investments in Securities

   $ 583,450,267      $ 11,901,818      $ 0      $ 595,352,085  
* 

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

 

See Notes to Financial Statements.

 

92   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.6%

 

Aerospace & Defense – 0.8%

 

Kaman Corp.

     35,348      $ 694,588  

Moog, Inc., Class A

     11,300        1,276,448  

National Presto Industries, Inc.

     3,602        261,001  
     

 

 

 
Total Aerospace & Defense

 

     2,232,037  
Automobile Components – 3.0%

 

Dana, Inc.

     110,176        1,616,282  

LCI Industries

     33,409        3,922,885  

Patrick Industries, Inc.

     23,051        1,730,208  

Standard Motor Products, Inc.

     20,459        687,831  
     

 

 

 
Total Automobile Components

 

     7,957,206  
Automobiles – 0.4%

 

Winnebago Industries, Inc.

     18,655        1,109,040  
Banks – 6.6%

 

Amalgamated Financial Corp.

     16,023        275,916  

Arrow Financial Corp.

     13,481        229,443  

Bank7 Corp.

     6,802        153,113  

Cambridge Bancorp

     7,546        470,040  

Capital City Bank Group, Inc.

     11,999        357,930  

CF Bankshares, Inc.

     2,665        45,092  

Citizens Financial Services, Inc.

     1,924        92,198  

Civista Bancshares, Inc.

     13,457        208,584  

Eagle Bancorp Montana, Inc.

     5,691        67,268  

Esquire Financial Holdings, Inc.

     3,071        140,314  

Farmers National Banc Corp.

     51,271        592,693  

FB Financial Corp.

     19,461        551,914  

First Bancorp, Inc.

     8,705        204,568  

First Commonwealth Financial Corp.

     101,967        1,245,017  

First Savings Financial Group, Inc.

     5,090        76,096  

FS Bancorp, Inc.

     6,712        198,004  

German American Bancorp, Inc.

     23,280        630,655  

Greene County Bancorp, Inc.

     5,046        121,356  

Hilltop Holdings, Inc.

     44,509        1,262,275  

Hingham Institution for Savings(a)

     722        134,834  

Home Bancorp, Inc.

     6,804        216,843  

Independent Bank Corp.

     25,726        471,815  

Lakeland Bancorp, Inc.

     67,308        849,427  

Live Oak Bancshares, Inc.

     12,115        350,729  

Macatawa Bank Corp.

     31,416        281,487  

MainStreet Bancshares, Inc.

     4,339        89,123  

Mercantile Bank Corp.

     20,176        623,640  

Meridian Corp.

     10,382        101,692  

Mid Penn Bancorp, Inc.

     13,206        265,837  

MVB Financial Corp.

     13,103        295,866  

National Bank Holdings Corp., Class A

     28,830        857,981  

Northeast Bank

     2,172        95,785  

Northrim Bancorp, Inc.

     7,141        282,926  

Orange County Bancorp, Inc.

     3,578        154,462  

Origin Bancorp, Inc.

     15,750        454,703  

Parke Bancorp, Inc.

     13,914        226,659  

Pathward Financial, Inc.

     8,020        369,642  

Peoples Financial Services Corp.

     6,250      250,625  

Plumas Bancorp

     4,163        142,125  

Provident Bancorp, Inc.*

     19,434        188,315  

Seacoast Banking Corp. of Florida

     44,655        980,624  

Stock Yards Bancorp, Inc.

     15,669        615,635  

Summit State Bank

     4,213        69,388  

Union Bankshares, Inc.

     3,983        89,219  

Unity Bancorp, Inc.

     6,402        149,999  

Veritex Holdings, Inc.

     45,084        809,258  

Westamerica BanCorp

     24,418        1,056,078  
     

 

 

 
Total Banks

 

     17,397,193  
Beverages – 0.3%

 

MGP Ingredients, Inc.

     6,437        678,975  
Building Products – 1.4%

 

Armstrong World Industries, Inc.

     20,480        1,474,560  

CSW Industrials, Inc.

     4,330        758,789  

Griffon Corp.

     21,796        864,647  

Insteel Industries, Inc.

     5,466        177,427  

Quanex Building Products Corp.

     15,412        434,156  
     

 

 

 
Total Building Products

 

     3,709,579  
Capital Markets – 11.5%

 

Artisan Partners Asset Management, Inc., Class A

     116,598        4,363,097  

BGC Group, Inc., Class A

     100,368        529,943  

Cohen & Steers, Inc.

     50,913        3,191,736  

Diamond Hill Investment Group, Inc.

     3,420        576,509  

Federated Hermes, Inc.

     80,912        2,740,489  

Hamilton Lane, Inc., Class A

     27,702        2,505,369  

Moelis & Co., Class A

     111,815        5,046,211  

Oppenheimer Holdings, Inc., Class A

     5,823        223,079  

P10, Inc., Class A

     17,565        204,632  

Piper Sandler Cos.

     9,954        1,446,416  

PJT Partners, Inc., Class A

     10,184        809,017  

Silvercrest Asset Management Group, Inc., Class A

     13,504        214,309  

StepStone Group, Inc., Class A

     55,637        1,757,017  

Value Line, Inc.

     3,595        157,173  

Victory Capital Holdings, Inc., Class A

     75,023        2,501,267  

Virtu Financial, Inc., Class A

     135,987        2,348,496  

Virtus Investment Partners, Inc.

     7,903        1,596,327  
     

 

 

 
Total Capital Markets

 

     30,211,087  
Chemicals – 6.8%

 

AdvanSix, Inc.

     13,383        415,944  

American Vanguard Corp.

     8,147        89,047  

Chase Corp.

     3,518        447,595  

FutureFuel Corp.

     41,380        296,695  

Hawkins, Inc.

     9,786        575,906  

Innospec, Inc.

     9,718        993,179  

Koppers Holdings, Inc.

     5,891        232,989  

Kronos Worldwide, Inc.

     194,356        1,506,259  

Mativ Holdings, Inc.

     92,830        1,323,756  

Minerals Technologies, Inc.

     8,636        472,907  

NewMarket Corp.

     8,352        3,800,494  

Quaker Chemical Corp.

     5,556        888,960  

Scotts Miracle-Gro Co.(a)

     85,154        4,400,759  

 

See Notes to Financial Statements.

 

WisdomTree Trust      93  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2023

 

 

 

Investments    Shares      Value  

Sensient Technologies Corp.

     29,691      $ 1,736,330  

Stepan Co.

     9,596        719,412  
     

 

 

 
Total Chemicals

 

     17,900,232  
Commercial Services & Supplies – 4.0%

 

ABM Industries, Inc.

     36,497        1,460,245  

ACCO Brands Corp.

     161,596        927,561  

Brady Corp., Class A

     29,206        1,603,993  

Brink’s Co.

     20,569        1,494,132  

Deluxe Corp.

     75,846        1,432,731  

Ennis, Inc.

     37,214        789,681  

Interface, Inc.

     15,976        156,725  

Steelcase, Inc., Class A

     168,049        1,877,107  

UniFirst Corp.

     4,196        683,990  

VSE Corp.

     3,902        196,817  
     

 

 

 
Total Commercial Services & Supplies

 

     10,622,982  
Construction & Engineering – 0.8%

 

Argan, Inc.

     12,530        570,365  

Granite Construction, Inc.

     21,085        801,652  

Primoris Services Corp.

     20,557        672,831  
     

 

 

 
Total Construction & Engineering

 

     2,044,848  
Construction Materials – 0.1%

 

U.S. Lime & Minerals, Inc.

     1,512        303,912  
Consumer Finance – 0.6%

 

Bread Financial Holdings, Inc.

     35,035        1,198,197  

Regional Management Corp.

     13,335        369,113  
     

 

 

 
Total Consumer Finance

 

     1,567,310  
Consumer Staples Distribution & Retail – 1.0%

 

Ingles Markets, Inc., Class A

     4,107        309,380  

Natural Grocers by Vitamin Cottage, Inc.

     32,947        425,346  

PriceSmart, Inc.

     12,726        947,196  

Weis Markets, Inc.

     14,018        883,134  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     2,565,056  
Containers & Packaging – 0.2%

 

Myers Industries, Inc.

     28,372        508,710  
Diversified Consumer Services – 1.1%

 

Carriage Services, Inc.

     9,923        280,325  

Graham Holdings Co., Class B

     1,295        754,985  

Strategic Education, Inc.

     23,846        1,794,411  
     

 

 

 
Total Diversified Consumer Services

 

     2,829,721  
Diversified REITs – 0.2%

 

NexPoint Diversified Real Estate Trust(a)

     56,943        495,974  
Electric Utilities – 0.7%

 

MGE Energy, Inc.

     27,017        1,850,934  

Via Renewables, Inc.

     3,043        22,062  
     

 

 

 
Total Electric Utilities

 

     1,872,996  
Electrical Equipment – 1.1%

 

Allient, Inc.

     4,288        132,585  

Encore Wire Corp.

     5,330        972,512  

EnerSys

     12,289        1,163,399  

LSI Industries, Inc.

     17,669        280,584  

Preformed Line Products Co.

     1,734      281,914  
     

 

 

 
Total Electrical Equipment

 

     2,830,994  
Electronic Equipment, Instruments & Components – 1.8%

 

Advanced Energy Industries, Inc.

     10,545        1,087,400  

Badger Meter, Inc.

     8,012        1,152,687  

Benchmark Electronics, Inc.

     26,991        654,802  

Climb Global Solutions, Inc.

     3,778        162,492  

Methode Electronics, Inc.

     14,039        320,791  

Richardson Electronics Ltd.

     3,866        42,255  

Vontier Corp.

     44,513        1,376,342  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     4,796,769  
Energy Equipment & Services – 0.7%

 

Cactus, Inc., Class A

     17,384        872,851  

RPC, Inc.

     67,255        601,260  

Solaris Oilfield Infrastructure, Inc., Class A

     46,602        496,777  
     

 

 

 
Total Energy Equipment & Services

 

     1,970,888  
Entertainment – 0.4%

 

TKO Group Holdings, Inc.

     12,077        1,015,193  
Financial Services – 1.9%

 

A-Mark Precious Metals, Inc.

     18,165        532,779  

Merchants Bancorp

     16,733        463,839  

PennyMac Financial Services, Inc.

     22,892        1,524,607  

Walker & Dunlop, Inc.

     29,891        2,219,108  

Waterstone Financial, Inc.

     35,581        389,612  
     

 

 

 
Total Financial Services

 

     5,129,945  
Food Products – 0.2%

 

Alico, Inc.

     13,632        340,255  

John B Sanfilippo & Son, Inc.

     2,996        296,005  
     

 

 

 
Total Food Products

 

     636,260  
Gas Utilities – 0.4%

 

Chesapeake Utilities Corp.

     10,552        1,031,458  
Ground Transportation – 0.9%

 

ArcBest Corp.

     7,084        720,089  

Heartland Express, Inc.

     22,161        325,545  

Universal Logistics Holdings, Inc.

     10,693        269,250  

Werner Enterprises, Inc.

     24,553        956,339  
     

 

 

 
Total Ground Transportation

 

     2,271,223  
Health Care Equipment & Supplies – 0.4%

 

Atrion Corp.

     838        346,237  

LeMaitre Vascular, Inc.

     8,273        450,713  

Utah Medical Products, Inc.

     1,670        143,620  
     

 

 

 
Total Health Care Equipment & Supplies

 

     940,570  
Health Care Providers & Services – 2.5%

 

National Research Corp.

     10,230        453,905  

Patterson Cos., Inc.

     111,672        3,309,958  

Select Medical Holdings Corp.

     84,479        2,134,785  

U.S. Physical Therapy, Inc.

     7,896        724,300  
     

 

 

 
Total Health Care Providers & Services

 

     6,622,948  
Health Care REITs – 0.4%

 

Universal Health Realty Income Trust

     23,410        946,466  

 

See Notes to Financial Statements.

 

94   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Health Care Technology – 0.1%

 

Simulations Plus, Inc.

     5,584      $ 232,853  
Hotels, Restaurants & Leisure – 3.3%

 

Bloomin’ Brands, Inc.

     76,968        1,892,643  

Bluegreen Vacations Holding Corp.

     15,438        566,266  

Canterbury Park Holding Corp.

     2,644        53,488  

Cheesecake Factory, Inc.

     56,072        1,698,982  

Cracker Barrel Old Country Store, Inc.

     38,302        2,573,894  

RCI Hospitality Holdings, Inc.

     2,634        159,779  

Red Rock Resorts, Inc., Class A

     43,568        1,786,288  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     8,731,340  
Household Durables – 1.6%

 

Century Communities, Inc.

     16,931        1,130,652  

Hamilton Beach Brands Holding Co., Class A

     7,461        92,591  

Installed Building Products, Inc.

     13,655        1,705,373  

La-Z-Boy, Inc.

     41,905        1,294,027  

Lifetime Brands, Inc.

     14,727        82,913  
     

 

 

 
Total Household Durables

 

     4,305,556  
Household Products – 1.6%

 

Energizer Holdings, Inc.

     78,995        2,531,000  

WD-40 Co.

     7,993        1,624,497  
     

 

 

 
Total Household Products

 

     4,155,497  
Insurance – 2.3%

 

American Equity Investment Life Holding Co.*

     25,134        1,348,188  

AMERISAFE, Inc.

     14,386        720,307  

Crawford & Co., Class A

     20,261        189,238  

Employers Holdings, Inc.

     21,200        846,940  

Horace Mann Educators Corp.

     45,307        1,331,120  

Investors Title Co.

     970        143,647  

Stewart Information Services Corp.

     36,625        1,604,175  
     

 

 

 
Total Insurance

 

     6,183,615  
Interactive Media & Services – 0.3%

 

Shutterstock, Inc.

     20,896        795,093  
IT Services – 0.3%

 

Hackett Group, Inc.

     20,356        480,198  

Information Services Group, Inc.

     46,350        203,013  
     

 

 

 
Total IT Services

 

     683,211  
Leisure Products – 1.6%

 

Acushnet Holdings Corp.

     35,375        1,876,290  

Escalade, Inc.

     13,804        211,339  

Johnson Outdoors, Inc., Class A

     6,776        370,579  

Marine Products Corp.

     13,245        188,212  

Smith & Wesson Brands, Inc.

     50,741        655,066  

Sturm Ruger & Co., Inc.

     15,375        801,345  
     

 

 

 
Total Leisure Products

 

     4,102,831  
Life Sciences Tools & Services – 0.3%

 

Bio-Techne Corp.

     11,146        758,708  
Machinery – 6.8%

 

Alamo Group, Inc.

     3,321        574,068  

Albany International Corp., Class A

     8,475        731,223  

Astec Industries, Inc.

     9,190        432,941  

Barnes Group, Inc.

     25,563      868,375  

Douglas Dynamics, Inc.

     22,725        685,841  

ESCO Technologies, Inc.

     7,132        744,866  

Federal Signal Corp.

     16,442        982,081  

Hillenbrand, Inc.

     37,629        1,592,083  

John Bean Technologies Corp.

     8,846        930,068  

Kadant, Inc.

     3,248        732,586  

Kennametal, Inc.

     80,439        2,001,322  

Lindsay Corp.

     3,151        370,810  

Mueller Water Products, Inc., Class A

     106,882        1,355,264  

Omega Flex, Inc.

     4,443        349,797  

REV Group, Inc.

     29,766        476,256  

Shyft Group, Inc.

     10,336        154,730  

Standex International Corp.

     4,367        636,228  

Tennant Co.

     10,262        760,927  

Terex Corp.

     25,577        1,473,747  

Trinity Industries, Inc.

     79,051        1,924,892  
     

 

 

 
Total Machinery

 

     17,778,105  
Marine Transportation – 0.8%

 

Matson, Inc.

     24,699        2,191,295  
Media – 0.9%

 

Entravision Communications Corp., Class A

     41,132        150,132  

Gray Television, Inc.

     78,358        542,237  

John Wiley & Sons, Inc., Class A

     45,063        1,674,992  
     

 

 

 
Total Media

 

     2,367,361  
Metals & Mining – 4.5%

 

Alpha Metallurgical Resources, Inc.

     5,552        1,442,021  

Arch Resources, Inc.

     32,693        5,579,387  

Materion Corp.

     5,593        569,983  

Ryerson Holding Corp.

     25,951        754,914  

Schnitzer Steel Industries, Inc., Class A

     20,029        557,808  

Warrior Met Coal, Inc.

     14,020        716,142  

Worthington Industries, Inc.

     35,869        2,217,421  
     

 

 

 
Total Metals & Mining

 

     11,837,676  
Office REITs – 1.7%

 

SL Green Realty Corp.

     122,014        4,551,122  
Oil, Gas & Consumable Fuels – 3.6%

 

CONSOL Energy, Inc.

     64,590        6,776,137  

Evolution Petroleum Corp.

     60,803        415,892  

NACCO Industries, Inc., Class A

     3,953        138,632  

PHX Minerals, Inc.

     35,284        128,434  

Sitio Royalties Corp., Class A

     22,482        544,289  

VAALCO Energy, Inc.

     94,669        415,597  

World Kinect Corp.

     42,519        953,701  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     9,372,682  
Personal Care Products – 2.4%

 

Edgewell Personal Care Co.

     24,162        893,028  

Inter Parfums, Inc.

     20,633        2,771,837  

Medifast, Inc.

     18,766        1,404,635  

Nu Skin Enterprises, Inc., Class A

     58,869        1,248,611  
     

 

 

 
Total Personal Care Products

 

     6,318,111  

 

See Notes to Financial Statements.

 

WisdomTree Trust      95  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

September 30, 2023

 

 

 

Investments    Shares      Value  
Pharmaceuticals – 0.1%

 

Phibro Animal Health Corp., Class A

     27,581      $ 352,209  
Professional Services – 2.4%

 

Barrett Business Services, Inc.

     3,021        272,615  

BGSF, Inc.

     10,030        96,388  

CRA International, Inc.

     3,005        302,784  

CSG Systems International, Inc.

     18,558        948,685  

Heidrick & Struggles International, Inc.

     14,010        350,530  

HireQuest, Inc.

     4,678        72,182  

ICF International, Inc.

     5,091        615,044  

Kelly Services, Inc., Class A

     21,089        383,609  

Kforce, Inc.

     14,687        876,226  

Korn Ferry

     18,953        899,130  

Resources Connection, Inc.

     32,910        490,688  

TTEC Holdings, Inc.

     33,532        879,209  
     

 

 

 
Total Professional Services

 

     6,187,090  
Real Estate Management & Development – 0.8%

 

eXp World Holdings, Inc.(a)

     72,704        1,180,713  

Marcus & Millichap, Inc.

     18,470        541,910  

Newmark Group, Inc., Class A

     71,480        459,616  
     

 

 

 
Total Real Estate Management & Development

 

     2,182,239  
Retail REITs – 0.5%

 

Alexander’s, Inc.

     6,557        1,194,882  
Software – 1.5%

 

A10 Networks, Inc.

     31,386        471,731  

Ebix, Inc.(a)

     17,620        174,086  

InterDigital, Inc.

     27,272        2,188,305  

Progress Software Corp.

     18,834        990,292  
     

 

 

 
Total Software

 

     3,824,414  
Specialty Retail – 4.4%

 

Big 5 Sporting Goods Corp.

     36,832        258,192  

Buckle, Inc.

     50,582        1,688,933  

Caleres, Inc.

     15,736        452,567  

Camping World Holdings, Inc., Class A

     78,264        1,597,368  

Group 1 Automotive, Inc.

     4,123        1,107,891  

Guess?, Inc.

     76,448        1,654,335  

Haverty Furniture Cos., Inc.

     18,093        520,717  

Hibbett, Inc.

     6,818        323,923  

Monro, Inc.

     24,377        676,949  

Shoe Carnival, Inc.

     13,825        332,215  

Upbound Group, Inc.

     99,559        2,932,013  
     

 

 

 
Total Specialty Retail

 

     11,545,103  
Technology Hardware, Storage & Peripherals – 0.0%

 

Immersion Corp.

     19,816        130,984  
Textiles, Apparel & Luxury Goods – 4.9%

 

Carter’s, Inc.

     50,794        3,512,405  

Kontoor Brands, Inc.

     77,946        3,422,609  

Levi Strauss & Co., Class A

     89,910        1,220,978  

Movado Group, Inc.

     23,281        636,735  

Oxford Industries, Inc.

     10,444        1,003,982  

Rocky Brands, Inc.

     6,213        91,331  

Steven Madden Ltd.

     61,314        1,947,946  

Superior Group of Cos., Inc.

     27,989      217,754  

Wolverine World Wide, Inc.

     95,433        769,190  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     12,822,930  
Tobacco – 0.1%

 

Turning Point Brands, Inc.

     6,482        149,669  
Trading Companies & Distributors – 1.9%

 

Boise Cascade Co.

     11,424        1,177,129  

Global Industrial Co.

     26,942        902,557  

H&E Equipment Services, Inc.

     31,210        1,347,960  

McGrath RentCorp

     14,831        1,486,659  
     

 

 

 
Total Trading Companies & Distributors

 

     4,914,305  
Water Utilities – 0.6%

 

California Water Service Group

     27,702        1,310,582  

Global Water Resources, Inc.

     17,270        168,382  
     

 

 

 
Total Water Utilities

 

     1,478,964  
Wireless Telecommunication Services – 0.1%

 

Shenandoah Telecommunications Co.

     14,664        302,225  
Total United States

 

     261,649,642  
Puerto Rico – 0.3%

 

Financial Services – 0.3%

 

EVERTEC, Inc.

     18,895        702,516  
TOTAL COMMON STOCKS
(Cost: $269,693,154)

 

     262,352,158  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6%

 

United States – 0.6%

 

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

     
(Cost: $1,701,425)      1,701,425        1,701,425  
TOTAL INVESTMENTS IN SECURITIES – 100.5%
(Cost: $271,394,579)

 

     264,053,583  

Other Assets less Liabilities – (0.5)%

        (1,366,069
     

 

 

 
NET ASSETS – 100.0%

 

   $ 262,687,514  
* 

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 $6,103,887 and the total market value of the collateral held by the Fund was $6,313,765. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $4,612,340.

 

(b) 

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

 

See Notes to Financial Statements.

 

96   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS)

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

   $ 262,352,158      $      $      $ 262,352,158  

Investment of Cash Collateral for Securities Loaned

            1,701,425               1,701,425  

Total Investments in Securities

   $ 262,352,158      $ 1,701,425      $      $ 264,053,583  

 

See Notes to Financial Statements.

 

WisdomTree Trust      97  


Schedule of Investments (unaudited)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.7%

 

United States – 99.6%

 

Aerospace & Defense – 1.5%

 

BWX Technologies, Inc.

     4,354      $ 326,463  

General Dynamics Corp.

     8,800        1,944,536  

HEICO Corp., Class A

     2,188        282,733  

Howmet Aerospace, Inc.

     4,902        226,718  

Huntington Ingalls Industries, Inc.

     1,566        320,372  

L3Harris Technologies, Inc.

     5,652        984,126  

Lockheed Martin Corp.

     14,346        5,866,940  

Northrop Grumman Corp.

     3,155        1,388,799  

RTX Corp.

     48,815        3,513,216  

Textron, Inc.

     2,861        223,559  

Woodward, Inc.

     1,709        212,360  
     

 

 

 
Total Aerospace & Defense

 

     15,289,822  
Air Freight & Logistics – 1.2%

 

CH Robinson Worldwide, Inc.

     7,231        622,806  

Expeditors International of Washington, Inc.

     4,772        547,014  

FedEx Corp.

     10,406        2,756,758  

United Parcel Service, Inc., Class B

     54,961        8,566,771  
     

 

 

 
Total Air Freight & Logistics

 

     12,493,349  
Automobile Components – 0.1%

 

BorgWarner, Inc.

     7,018        283,317  

Dana, Inc.

     5,312        77,927  

Gentex Corp.

     7,887        256,643  

LCI Industries

     2,306        270,770  

Lear Corp.

     2,529        339,392  

Patrick Industries, Inc.

     3,203        240,417  
     

 

 

 
Total Automobile Components

 

     1,468,466  
Automobiles – 0.4%

 

Ford Motor Co.

     266,482        3,309,706  

General Motors Co.

     21,410        705,888  

Harley-Davidson, Inc.

     4,300        142,158  

Thor Industries, Inc.

     3,036        288,815  

Winnebago Industries, Inc.

     3,247        193,034  
     

 

 

 
Total Automobiles

 

     4,639,601  
Banks – 6.9%

 

Associated Banc-Corp.

     10,403        177,995  

Atlantic Union Bankshares Corp.

     3,982        114,602  

Banc of California, Inc.

     55        681  

BancFirst Corp.

     1,217        105,550  

Bank of America Corp.

     302,047        8,270,047  

Bank of Hawaii Corp.

     1,217        60,473  

Bank OZK

     8,711        322,917  

BankUnited, Inc.

     5,824        132,205  

Banner Corp.

     3,017        127,860  

BOK Financial Corp.

     3,137        250,897  

Brookline Bancorp, Inc.

     24,366        221,974  

Cadence Bank

     8,603        182,556  

Capitol Federal Financial, Inc.

     26,596        126,863  

Cathay General Bancorp

     1,979        68,790  

Citigroup, Inc.

     128,989        5,305,318  

Citizens Community Bancorp, Inc.

     16,453      157,949  

Citizens Financial Group, Inc.

     31,059        832,381  

City Holding Co.

     2,949        266,442  

Columbia Banking System, Inc.

     18,753        380,686  

Comerica, Inc.

     6,995        290,642  

Commerce Bancshares, Inc.

     4,100        196,718  

Community Trust Bancorp, Inc.

     6,705        229,713  

Cullen/Frost Bankers, Inc.

     3,729        340,122  

CVB Financial Corp.

     5,852        96,968  

Eagle Bancorp, Inc.

     4,835        103,711  

East West Bancorp, Inc.

     7,629        402,125  

Eastern Bankshares, Inc.

     5,418        67,942  

Enterprise Financial Services Corp.

     6,024        225,900  

Equity Bancshares, Inc., Class A

     8,757        210,781  

Fifth Third Bancorp

     41,965        1,062,973  

First Bancorp

     4,792        134,847  

First Busey Corp.

     12,239        235,234  

First Citizens BancShares, Inc., Class A

     218        300,862  

First Commonwealth Financial Corp.

     13,965        170,513  

First Financial Bancorp

     9,461        185,436  

First Financial Bankshares, Inc.

     6,903        173,403  

First Hawaiian, Inc.

     7,782        140,465  

First Interstate BancSystem, Inc., Class A

     7,616        189,943  

First Merchants Corp.

     3,339        92,891  

First National Corp.

     10,368        184,965  

Five Star Bancorp

     5,972        119,798  

FNB Corp.

     35,413        382,106  

Fulton Financial Corp.

     15,273        184,956  

German American Bancorp, Inc.

     10,198        276,264  

Glacier Bancorp, Inc.

     3,511        100,063  

Hancock Whitney Corp.

     3,813        141,043  

Hanmi Financial Corp.

     13,937        226,198  

Heartland Financial USA, Inc.

     5,411        159,246  

Hilltop Holdings, Inc.

     6,544        185,588  

Home BancShares, Inc.

     6,801        142,413  

HomeTrust Bancshares, Inc.

     8,990        194,813  

Hope Bancorp, Inc.

     23,220        205,497  

Huntington Bancshares, Inc.

     84,891        882,866  

Independent Bank Corp.

     1,105        54,244  

Independent Bank Group, Inc.

     1,894        74,908  

International Bancshares Corp.

     1,825        79,095  

JPMorgan Chase & Co.

     133,819        19,406,431  

KeyCorp

     64,679        695,946  

Lakeland Bancorp, Inc.

     19,899        251,125  

Lakeland Financial Corp.

     2,439        115,755  

M&T Bank Corp.

     7,723        976,573  

NBT Bancorp, Inc.

     5,124        162,380  

New York Community Bancorp, Inc.

     50,317        570,595  

Northwest Bancshares, Inc.

     18,840        192,733  

OceanFirst Financial Corp.

     13,697        198,196  

Old National Bancorp

     12,353        179,613  

Pacific Premier Bancorp, Inc.

     8,011        174,319  

PacWest Bancorp

     3,036        24,015  

Park National Corp.

     1,028        97,167  

 

See Notes to Financial Statements.

 

98   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Partners Bancorp

     29,416      $ 227,974  

Peoples Bancorp, Inc.

     9,675        245,551  

Pinnacle Financial Partners, Inc.

     1,653        110,817  

PNC Financial Services Group, Inc.

     23,695        2,909,035  

Premier Financial Corp.

     10,690        182,371  

Prosperity Bancshares, Inc.

     3,529        192,613  

Provident Financial Services, Inc.

     12,225        186,920  

QCR Holdings, Inc.

     3,835        186,074  

Regions Financial Corp.

     52,130        896,636  

S&T Bancorp, Inc.

     13,540        366,663  

Sandy Spring Bancorp, Inc.

     9,011        193,106  

Seacoast Banking Corp. of Florida

     6,327        138,941  

ServisFirst Bancshares, Inc.

     1,600        83,472  

Simmons First National Corp., Class A

     8,040        136,358  

Southern States Bancshares, Inc.

     4,918        111,098  

Southside Bancshares, Inc.

     6,622        190,051  

SouthState Corp.

     3,508        236,299  

Summit State Bank

     9,916        163,317  

Synovus Financial Corp.

     8,039        223,484  

Tompkins Financial Corp.

     4,679        229,224  

Towne Bank

     5,223        119,763  

TriCo Bancshares

     4,088        130,939  

Truist Financial Corp.

     94,934        2,716,062  

U.S. Bancorp

     146,106        4,830,264  

UMB Financial Corp.

     1,734        107,595  

United Bankshares, Inc.

     5,325        146,917  

United Community Banks, Inc.

     3,475        88,300  

Valley National Bancorp

     28,684        245,535  

Veritex Holdings, Inc.

     9,208        165,284  

Washington Federal, Inc.

     9,334        239,137  

Washington Trust Bancorp, Inc.

     6,134        161,508  

Webster Financial Corp.

     8,593        346,384  

Wells Fargo & Co.

     153,674        6,279,120  

WesBanco, Inc.

     4,392        107,253  

Westamerica BanCorp

     4,551        196,831  

Western Alliance Bancorp

     3,698        169,997  

Wintrust Financial Corp.

     1,534        115,817  

Zions Bancorp NA

     5,796        202,222  
     

 

 

 
Total Banks

 

     72,175,218  
Beverages – 3.1%

 

Brown-Forman Corp., Class A(a)

     2,457        142,752  

Brown-Forman Corp., Class B

     6,387        368,466  

Coca-Cola Co.

     267,810        14,992,004  

Constellation Brands, Inc., Class A

     3,577        899,007  

Keurig Dr Pepper, Inc.

     67,150        2,119,925  

Molson Coors Beverage Co., Class B

     9,713        617,650  

PepsiCo, Inc.

     77,746        13,173,282  
     

 

 

 
Total Beverages

 

     32,313,086  
Biotechnology – 3.5%

 

AbbVie, Inc.

     143,209        21,346,734  

Amgen, Inc.

     32,621        8,767,220  

Gilead Sciences, Inc.

     94,181        7,057,924  
     

 

 

 
Total Biotechnology

 

     37,171,878  
Broadline Retail – 0.1%

 

eBay, Inc.

     16,769      739,345  

Kohl’s Corp.(a)

     12,998        272,438  

Macy’s, Inc.

     13,957        162,041  

Nordstrom, Inc.(a)

     11,458        171,183  
     

 

 

 
Total Broadline Retail

 

     1,345,007  
Building Products – 0.4%

 

A O Smith Corp.

     4,540        300,230  

Advanced Drainage Systems, Inc.

     1,473        167,672  

Armstrong World Industries, Inc.

     2,202        158,544  

AZZ, Inc.

     8,236        375,397  

Carlisle Cos., Inc.

     1,528        396,149  

Carrier Global Corp.

     18,248        1,007,290  

Fortune Brands Innovations, Inc.

     5,819        361,709  

Lennox International, Inc.

     1,044        390,915  

Masco Corp.

     7,068        377,785  

Owens Corning

     3,051        416,187  

Simpson Manufacturing Co., Inc.

     1,913        286,587  

UFP Industries, Inc.

     2,276        233,062  

Zurn Elkay Water Solutions Corp.

     5,309        148,758  
     

 

 

 
Total Building Products

 

     4,620,285  
Capital Markets – 3.8%

 

Ameriprise Financial, Inc.

     3,374        1,112,340  

Ares Management Corp., Class A

     8,999        925,727  

Artisan Partners Asset Management, Inc., Class A

     8,692        325,255  

Bank of New York Mellon Corp.

     40,584        1,730,908  

BlackRock, Inc.

     6,146        3,973,328  

Blue Owl Capital, Inc.

     33,025        428,004  

Carlyle Group, Inc.

     24,684        744,469  

Cboe Global Markets, Inc.

     3,790        592,036  

Charles Schwab Corp.

     29,673        1,629,048  

CME Group, Inc.

     12,074        2,417,456  

Cohen & Steers, Inc.

     3,574        224,054  

Evercore, Inc., Class A

     2,252        310,506  

FactSet Research Systems, Inc.

     631        275,911  

Federated Hermes, Inc.

     7,073        239,563  

Franklin Resources, Inc.

     33,020        811,632  

Goldman Sachs Group, Inc.

     13,271        4,294,097  

Hamilton Lane, Inc., Class A

     2,063        186,578  

Houlihan Lokey, Inc.

     2,904        311,076  

Interactive Brokers Group, Inc., Class A

     1,426        123,435  

Intercontinental Exchange, Inc.

     12,067        1,327,611  

Jefferies Financial Group, Inc.

     12,352        452,454  

LPL Financial Holdings, Inc.

     1,095        260,227  

MarketAxess Holdings, Inc.

     605        129,252  

Moelis & Co., Class A

     5,990        270,329  

Moody’s Corp.

     2,696        852,394  

Morgan Stanley

     85,976        7,021,660  

Morningstar, Inc.

     2        468  

MSCI, Inc.

     1,238        635,193  

Nasdaq, Inc.

     14,088        684,536  

Northern Trust Corp.

     10,786        749,411  

Raymond James Financial, Inc.

     5,121        514,302  

 

See Notes to Financial Statements.

 

WisdomTree Trust      99  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

S&P Global, Inc.

     4,806      $ 1,756,160  

Sculptor Capital Management, Inc.

     5,913        68,591  

SEI Investments Co.

     2,981        179,546  

State Street Corp.

     18,631        1,247,532  

StepStone Group, Inc., Class A

     12        379  

Stifel Financial Corp.

     3,916        240,599  

T Rowe Price Group, Inc.

     13,408        1,406,097  

TPG, Inc.

     4,724        142,287  

Tradeweb Markets, Inc., Class A

     2,304        184,781  

Victory Capital Holdings, Inc., Class A

     8,104        270,187  

Virtu Financial, Inc., Class A

     7,446        128,592  

Virtus Investment Partners, Inc.

     1,371        276,928  
     

 

 

 
Total Capital Markets

 

     39,454,939  
Chemicals – 1.4%

 

Air Products & Chemicals, Inc.

     6,967        1,974,448  

Albemarle Corp.

     1,576        267,983  

Ashland, Inc.

     1,905        155,600  

Avient Corp.

     6,108        215,735  

Cabot Corp.

     3,398        235,379  

Celanese Corp.(a)

     4,731        593,835  

CF Industries Holdings, Inc.

     6,978        598,294  

Chemours Co.

     8,387        235,255  

Corteva, Inc.

     12,342        631,417  

Dow, Inc.

     56,650        2,920,874  

DuPont de Nemours, Inc.

     14,102        1,051,868  

Eastman Chemical Co.

     7,140        547,781  

Ecolab, Inc.

     6,251        1,058,919  

Element Solutions, Inc.

     10,576        207,395  

FMC Corp.

     3,534        236,672  

Huntsman Corp.

     14,389        351,092  

Kronos Worldwide, Inc.

     18,384        142,476  

Mativ Holdings, Inc.

     7,528        107,349  

Mosaic Co.

     7,081        252,084  

NewMarket Corp.

     445        202,493  

Olin Corp.

     5,121        255,948  

PPG Industries, Inc.

     6,632        860,834  

RPM International, Inc.

     4,204        398,581  

Scotts Miracle-Gro Co.(a)

     4,863        251,320  

Sensient Technologies Corp.

     2,507        146,609  

Sherwin-Williams Co.

     3,731        951,592  

Westlake Corp.

     2,711        337,980  
     

 

 

 
Total Chemicals

 

     15,189,813  
Commercial Services & Supplies – 0.6%

 

ABM Industries, Inc.

     3,268        130,753  

Brady Corp., Class A

     4,629        254,225  

Brink’s Co.

     1,890        137,289  

Cintas Corp.

     2,302        1,107,285  

Deluxe Corp.

     2,881        54,422  

HNI Corp.

     10,450        361,883  

MillerKnoll, Inc.

     11,891        290,735  

MSA Safety, Inc.

     1,268        199,900  

Pitney Bowes, Inc.

     17,012        51,376  

Republic Services, Inc.

     7,886        1,123,834  

Rollins, Inc.

     17,211      642,487  

Tetra Tech, Inc.

     1,162        176,659  

Waste Management, Inc.

     13,961        2,128,215  
     

 

 

 
Total Commercial Services & Supplies

 

     6,659,063  
Communications Equipment – 1.6%

 

Cisco Systems, Inc.

     284,689        15,304,881  

Juniper Networks, Inc.

     16,965        471,457  

Motorola Solutions, Inc.

     4,096        1,115,095  

Ubiquiti, Inc.(a)

     262        38,069  
     

 

 

 
Total Communications Equipment

 

     16,929,502  
Construction & Engineering – 0.1%

 

AECOM

     3,370        279,845  

MDU Resources Group, Inc.

     12,216        239,189  

Quanta Services, Inc.

     1,814        339,345  
     

 

 

 
Total Construction & Engineering

 

     858,379  
Construction Materials – 0.1%

 

Eagle Materials, Inc.

     1,204        200,490  

Martin Marietta Materials, Inc.

     997        409,249  

Vulcan Materials Co.

     2,295        463,636  
     

 

 

 
Total Construction Materials

 

     1,073,375  
Consumer Finance – 0.7%

 

Ally Financial, Inc.

     23,471        626,206  

American Express Co.

     14,911        2,224,572  

Bread Financial Holdings, Inc.

     3,901        133,414  

Capital One Financial Corp.

     14,916        1,447,598  

Discover Financial Services

     9,627        833,987  

FirstCash Holdings, Inc.

     3,682        369,599  

Navient Corp.

     10,204        175,713  

OneMain Holdings, Inc.

     12,650        507,138  

SLM Corp.

     12,258        166,954  

Synchrony Financial

     18,973        580,005  
     

 

 

 
Total Consumer Finance

 

     7,065,186  
Consumer Staples Distribution & Retail – 2.0%

 

Albertsons Cos., Inc., Class A

     19,803        450,518  

Casey’s General Stores, Inc.

     733        199,024  

Costco Wholesale Corp.

     7,290        4,118,559  

Dollar General Corp.

     3,159        334,222  

Kroger Co.

     24,449        1,094,093  

SpartanNash Co.

     8,769        192,918  

Sysco Corp.

     26,533        1,752,505  

Target Corp.

     19,449        2,150,476  

Walgreens Boots Alliance, Inc.

     60,846        1,353,215  

Walmart, Inc.

     60,638        9,697,835  
     

 

 

 
Total Consumer Staples Distribution & Retail

 

     21,343,365  
Containers & Packaging – 0.5%

 

AptarGroup, Inc.

     2,009        251,205  

Avery Dennison Corp.

     1,918        350,361  

Berry Global Group, Inc.

     3,248        201,084  

Graphic Packaging Holding Co.

     16,663        371,252  

Greif, Inc., Class A

     4,761        318,082  

International Paper Co.

     26,975        956,803  

 

See Notes to Financial Statements.

 

100   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Packaging Corp. of America

     7,520      $ 1,154,696  

Pactiv Evergreen, Inc.

     12,974        105,479  

Sealed Air Corp.

     3,664        120,399  

Silgan Holdings, Inc.

     1,603        69,105  

Sonoco Products Co.

     7,570        411,430  

Westrock Co.

     12,874        460,889  
     

 

 

 
Total Containers & Packaging

 

     4,770,785  
Distributors – 0.2%

 

Genuine Parts Co.

     6,215        897,322  

LKQ Corp.

     9,427        466,731  

Pool Corp.

     1,004        357,524  
     

 

 

 
Total Distributors

 

     1,721,577  
Diversified Consumer Services – 0.1%

 

ADT, Inc.

     24,649        147,894  

H&R Block, Inc.

     10,852        467,287  

Service Corp. International

     4,813        275,015  

Strategic Education, Inc.

     3,184        239,596  
     

 

 

 
Total Diversified Consumer Services

 

     1,129,792  
Diversified REITs – 0.1%

 

Broadstone Net Lease, Inc.

     55        787  

Essential Properties Realty Trust, Inc.

     8,795        190,236  

WP Carey, Inc.

     13,355        722,238  
     

 

 

 
Total Diversified REITs

 

     913,261  
Diversified Telecommunication Services – 0.9%

 

AT&T, Inc.

     633,206        9,510,754  

Cogent Communications Holdings, Inc.

     6,260        387,494  
     

 

 

 
Total Diversified Telecommunication Services

 

     9,898,248  
Electric Utilities – 3.3%

 

ALLETE, Inc.

     3,968        209,510  

Alliant Energy Corp.

     12,887        624,375  

American Electric Power Co., Inc.

     40,192        3,023,242  

Avangrid, Inc.

     23,667        714,033  

Constellation Energy Corp.

     4,336        472,971  

Duke Energy Corp.

     44,991        3,970,906  

Edison International

     24,899        1,575,858  

Entergy Corp.

     11,273        1,042,753  

Evergy, Inc.

     14,799        750,309  

Eversource Energy

     23,353        1,357,977  

Exelon Corp.

     49,775        1,880,997  

FirstEnergy Corp.

     47,386        1,619,653  

Hawaiian Electric Industries, Inc.

     5,810        71,521  

IDACORP, Inc.

     3,333        312,135  

MGE Energy, Inc.

     3,213        220,123  

NextEra Energy, Inc.

     91,455        5,239,457  

NRG Energy, Inc.

     11,855        456,655  

OGE Energy Corp.

     22,244        741,393  

Otter Tail Corp.

     3,509        266,403  

Pinnacle West Capital Corp.

     7,362        542,432  

PNM Resources, Inc.

     4,663        208,016  

Portland General Electric Co.

     8,274        334,932  

PPL Corp.

     36,035        848,985  

Southern Co.

     98,174      6,353,821  

Xcel Energy, Inc.

     33,607        1,922,993  
     

 

 

 
Total Electric Utilities

 

     34,761,450  
Electrical Equipment – 0.4%

 

AMETEK, Inc.

     3,280        484,653  

Emerson Electric Co.

     20,550        1,984,513  

Hubbell, Inc.

     2,727        854,669  

Regal Rexnord Corp.

     1,577        225,322  

Rockwell Automation, Inc.

     3,360        960,523  
     

 

 

 
Total Electrical Equipment

 

     4,509,680  
Electronic Equipment, Instruments & Components – 0.5%

 

Amphenol Corp., Class A

     14,187        1,191,566  

Avnet, Inc.

     6,362        306,585  

CDW Corp.

     2,833        571,586  

Climb Global Solutions, Inc.

     1,897        81,590  

Cognex Corp.

     3,378        143,362  

Corning, Inc.

     41,541        1,265,754  

Crane NXT Co.

     3,995        222,002  

Jabil, Inc.

     2,874        364,682  

Littelfuse, Inc.

     832        205,770  

National Instruments Corp.

     7,140        425,687  

Richardson Electronics Ltd.

     1,889        20,647  

TD SYNNEX Corp.

     2,866        286,199  

Vishay Intertechnology, Inc.

     8,408        207,846  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     5,293,276  
Energy Equipment & Services – 0.3%

 

Archrock, Inc.

     20,867        262,924  

Baker Hughes Co.

     41,037        1,449,427  

ChampionX Corp.

     5,756        205,029  

Halliburton Co.

     23,288        943,164  

Helmerich & Payne, Inc.

     4,633        195,327  

NOV, Inc.

     11,989        250,570  

Patterson-UTI Energy, Inc.

     9,918        137,265  
     

 

 

 
Total Energy Equipment & Services

 

     3,443,706  
Entertainment – 0.1%

 

Electronic Arts, Inc.

     3,870        465,948  

Warner Music Group Corp., Class A

     4,937        155,022  
     

 

 

 
Total Entertainment

 

     620,970  
Financial Services – 1.7%

 

Apollo Global Management, Inc.

     21,306        1,912,427  

Enact Holdings, Inc.

     10,667        290,462  

Equitable Holdings, Inc.

     15,506        440,215  

Fidelity National Information Services, Inc.

     23,413        1,294,037  

Global Payments, Inc.

     4,499        519,140  

Jack Henry & Associates, Inc.

     2,159        326,311  

Jackson Financial, Inc., Class A

     8,082        308,894  

Mastercard, Inc., Class A

     11,783        4,665,008  

MGIC Investment Corp.

     21,389        356,982  

PennyMac Financial Services, Inc.

     1,904        126,806  

Radian Group, Inc.

     15,300        384,183  

TFS Financial Corp.

     21,210        250,702  

UWM Holdings Corp.

     10,688        51,837  

 

See Notes to Financial Statements.

 

WisdomTree Trust      101  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Visa, Inc., Class A

     30,703      $ 7,061,997  

Voya Financial, Inc.

     2,102        139,678  

Walker & Dunlop, Inc.

     1,819        135,043  
     

 

 

 
Total Financial Services

 

     18,263,722  
Food Products – 1.6%

 

Archer-Daniels-Midland Co.

     16,199        1,221,729  

Cal-Maine Foods, Inc.

     4,988        241,519  

Campbell Soup Co.

     13,728        563,946  

Conagra Brands, Inc.

     26,155        717,170  

Flowers Foods, Inc.

     18,449        409,199  

General Mills, Inc.

     33,832        2,164,910  

Hershey Co.

     6,564        1,313,325  

Hormel Foods Corp.

     20,124        765,316  

Ingredion, Inc.

     3,751        369,098  

J M Smucker Co.

     4,874        599,063  

Kellogg Co.

     24,151        1,437,226  

Kraft Heinz Co.

     75,179        2,529,021  

Lamb Weston Holdings, Inc.

     3,193        295,225  

Lancaster Colony Corp.

     819        135,160  

McCormick & Co., Inc., Non-Voting Shares

     8,155        616,844  

Mondelez International, Inc., Class A

     46,668        3,238,759  

Tyson Foods, Inc., Class A

     12,484        630,317  
     

 

 

 
Total Food Products

 

     17,247,827  
Gas Utilities – 0.3%

 

Atmos Energy Corp.

     6,572        696,172  

Chesapeake Utilities Corp.

     2,917        285,137  

National Fuel Gas Co.

     7,519        390,311  

New Jersey Resources Corp.

     9,067        368,392  

Northwest Natural Holding Co.

     6,809        259,831  

ONE Gas, Inc.

     3,914        267,248  

Southwest Gas Holdings, Inc.

     4,002        241,761  

Spire, Inc.

     3,217        182,018  

UGI Corp.

     9,024        207,552  
     

 

 

 
Total Gas Utilities

 

     2,898,422  
Ground Transportation – 1.2%

 

CSX Corp.

     62,300        1,915,725  

JB Hunt Transport Services, Inc.

     2,242        422,662  

Knight-Swift Transportation Holdings, Inc.

     2,821        141,473  

Landstar System, Inc.

     983        173,932  

Norfolk Southern Corp.

     10,702        2,107,545  

Old Dominion Freight Line, Inc.

     1,646        673,445  

Ryder System, Inc.

     4,117        440,313  

Union Pacific Corp.

     34,110        6,945,819  
     

 

 

 
Total Ground Transportation

 

     12,820,914  
Health Care Equipment & Supplies – 1.1%

 

Abbott Laboratories

     69,114        6,693,691  

Becton Dickinson & Co.

     6,117        1,581,428  

Cooper Cos., Inc.

     637        202,572  

Dentsply Sirona, Inc.

     8,469        289,301  

ResMed, Inc.

     2,011        297,367  

Stryker Corp.

     6,642        1,815,059  

Teleflex, Inc.

     794        155,950  

Zimmer Biomet Holdings, Inc.

     2,793      313,430  
     

 

 

 
Total Health Care Equipment & Supplies

 

     11,348,798  
Health Care Providers & Services – 2.8%

 

Cardinal Health, Inc.

     11,570        1,004,507  

Cencora, Inc.

     3,958        712,321  

Chemed Corp.

     296        153,831  

Cigna Group

     9,841        2,815,215  

CVS Health Corp.

     63,603        4,440,762  

Elevance Health, Inc.

     5,600        2,438,352  

Encompass Health Corp.

     3,674        246,746  

HCA Healthcare, Inc.

     4,238        1,042,463  

Humana, Inc.

     1,910        929,253  

Laboratory Corp. of America Holdings

     1,992        400,492  

McKesson Corp.

     1,914        832,303  

Patterson Cos., Inc.

     7,771        230,332  

Premier, Inc., Class A

     409        8,794  

Quest Diagnostics, Inc.

     3,662        446,251  

Select Medical Holdings Corp.

     5,966        150,761  

UnitedHealth Group, Inc.

     25,791        13,003,564  

Universal Health Services, Inc., Class B

     1,279        160,809  
     

 

 

 
Total Health Care Providers & Services

 

     29,016,756  
Health Care REITs – 0.4%

 

Healthpeak Properties, Inc.

     28,146        516,761  

Omega Healthcare Investors, Inc.

     26,632        883,117  

Physicians Realty Trust

     9,145        111,478  

Sabra Health Care REIT, Inc.

     15,950        222,343  

Ventas, Inc.

     19,088        804,177  

Welltower, Inc.

     21,451        1,757,266  
     

 

 

 
Total Health Care REITs

 

     4,295,142  
Hotel & Resort REITs – 0.1%

 

Apple Hospitality REIT, Inc.

     19,480        298,823  

Host Hotels & Resorts, Inc.

     16,896        271,519  
     

 

 

 
Total Hotel & Resort REITs

 

     570,342  
Hotels, Restaurants & Leisure – 2.0%

 

Aramark

     5,800        201,260  

Bloomin’ Brands, Inc.

     10,910        268,277  

Boyd Gaming Corp.

     3,342        203,294  

Cheesecake Factory, Inc.

     6,708        203,252  

Choice Hotels International, Inc.

     991        121,407  

Churchill Downs, Inc.

     1,956        226,974  

Cracker Barrel Old Country Store, Inc.

     2,393        160,810  

Darden Restaurants, Inc.

     9,461        1,355,005  

Dine Brands Global, Inc.

     3,367        166,498  

Domino’s Pizza, Inc.

     917        347,351  

Hilton Worldwide Holdings, Inc.

     3,091        464,206  

Jack in the Box, Inc.

     1,835        126,725  

Marriott International, Inc., Class A

     7,086        1,392,824  

Marriott Vacations Worldwide Corp.

     1,739        174,996  

McDonald’s Corp.

     36,431        9,597,383  

Papa John’s International, Inc.(a)

     5        341  

Red Rock Resorts, Inc., Class A

     2,960        121,360  

Starbucks Corp.

     35,034        3,197,553  

 

See Notes to Financial Statements.

 

102   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Texas Roadhouse, Inc.

     4,070      $ 391,127  

Travel & Leisure Co.

     6,577        241,573  

Vail Resorts, Inc.

     1,921        426,251  

Wendy’s Co.

     9,496        193,813  

Wyndham Hotels & Resorts, Inc.

     5,158        358,687  

Yum! Brands, Inc.

     10,449        1,305,498  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     21,246,465  
Household Durables – 0.3%

 

Century Communities, Inc.

     6,915        461,784  

DR Horton, Inc.

     5,394        579,693  

KB Home

     8,117        375,655  

La-Z-Boy, Inc.

     9,466        292,310  

Leggett & Platt, Inc.

     9,403        238,930  

Lennar Corp., Class A

     7,258        814,565  

MDC Holdings, Inc.

     5,063        208,747  

PulteGroup, Inc.

     5,339        395,353  

Tempur Sealy International, Inc.

     5,326        230,829  

Toll Brothers, Inc.

     11        814  
     

 

 

 
Total Household Durables

 

     3,598,680  
Household Products – 1.9%

 

Church & Dwight Co., Inc.

     5,437        498,192  

Clorox Co.

     5,922        776,137  

Colgate-Palmolive Co.

     43,661        3,104,734  

Energizer Holdings, Inc.

     6,102        195,508  

Kimberly-Clark Corp.

     16,816        2,032,214  

Procter & Gamble Co.

     87,178        12,715,783  

Reynolds Consumer Products, Inc.

     9,990        256,044  

Spectrum Brands Holdings, Inc.

     2,392        187,413  
     

 

 

 
Total Household Products

 

     19,766,025  
Independent Power & Renewable Electricity Producers – 0.2%

 

AES Corp.

     23,205        352,716  

Clearway Energy, Inc., Class A

     5,115        101,891  

Clearway Energy, Inc., Class C

     8,074        170,846  

Vistra Corp.

     31,173        1,034,320  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     1,659,773  
Industrial Conglomerates – 0.8%

 

3M Co.

     39,762        3,722,519  

General Electric Co.

     14,124        1,561,408  

Honeywell International, Inc.

     19,350        3,574,719  
     

 

 

 
Total Industrial Conglomerates

 

     8,858,646  
Industrial REITs – 0.5%

 

Americold Realty Trust, Inc.

     4,693        142,714  

EastGroup Properties, Inc.

     1,937        322,569  

First Industrial Realty Trust, Inc.

     5,765        274,357  

Innovative Industrial Properties, Inc.

     2        151  

LXP Industrial Trust

     11,457        101,967  

Prologis, Inc.

     36,172        4,058,860  

Rexford Industrial Realty, Inc.

     4,003        197,548  

STAG Industrial, Inc.

     7,700        265,727  
     

 

 

 
Total Industrial REITs

 

     5,363,893  
Insurance – 2.6%

 

Aflac, Inc.

     32,465      $ 2,491,689  

Allstate Corp.

     10,632        1,184,511  

American Financial Group, Inc.

     3,104        346,624  

American International Group, Inc.

     33,947        2,057,188  

Arthur J Gallagher & Co.

     3,826        872,060  

Assurant, Inc.

     1,914        274,812  

Brown & Brown, Inc.

     4,768        332,997  

Cincinnati Financial Corp.

     6,564        671,432  

CNA Financial Corp.

     15,175        597,136  

CNO Financial Group, Inc.

     9,332        221,448  

Erie Indemnity Co., Class A

     1,383        406,312  

Fidelity National Financial, Inc.

     16,854        696,070  

First American Financial Corp.

     6,620        373,964  

Globe Life, Inc.

     1,300        141,349  

Hanover Insurance Group, Inc.

     2,210        245,266  

Hartford Financial Services Group, Inc.

     15,569        1,103,998  

Horace Mann Educators Corp.

     6,586        193,497  

Kemper Corp.

     2,974        124,997  

Loews Corp.

     2,205        139,598  

Marsh & McLennan Cos., Inc.

     16,217        3,086,095  

Mercury General Corp.

     3,957        110,915  

MetLife, Inc.

     34,603        2,176,875  

Old Republic International Corp.

     24,619        663,236  

Primerica, Inc.

     1,602        310,804  

Principal Financial Group, Inc.

     16,447        1,185,335  

Progressive Corp.

     6,519        908,097  

Prudential Financial, Inc.

     24,355        2,311,046  

Reinsurance Group of America, Inc.

     4,077        591,940  

RLI Corp.

     944        128,280  

Safety Insurance Group, Inc.

     2,748        187,386  

Selective Insurance Group, Inc.

     1,721        177,556  

Stewart Information Services Corp.

     4,324        189,391  

Travelers Cos., Inc.

     10,195        1,664,945  

Unum Group

     16,648        818,915  

W R Berkley Corp.

     5,184        329,132  
     

 

 

 
Total Insurance

 

     27,314,896  
Interactive Media & Services – 0.0%

 

Shutterstock, Inc.

     4,058        154,407  
IT Services – 0.9%

 

Cognizant Technology Solutions Corp., Class A

     14,670        993,746  

International Business Machines Corp.

     59,848        8,396,674  
     

 

 

 
Total IT Services

 

     9,390,420  
Leisure Products – 0.1%

 

Acushnet Holdings Corp.

     2,716        144,057  

Brunswick Corp.

     2,723        215,117  

Hasbro, Inc.

     9,746        644,600  

Polaris, Inc.

     2,340        243,688  

Sturm Ruger & Co., Inc.

     3,286        171,266  
     

 

 

 
Total Leisure Products

 

     1,418,728  
Life Sciences Tools & Services – 0.5%

 

Agilent Technologies, Inc.

     4,291        479,819  

 

See Notes to Financial Statements.

 

WisdomTree Trust      103  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

Bruker Corp.

     2,110      $ 131,453  

Danaher Corp.

     8,849        2,195,437  

Revvity, Inc.

     2,101        232,581  

Thermo Fisher Scientific, Inc.

     4,646        2,351,666  

West Pharmaceutical Services, Inc.

     1,144        429,240  
     

 

 

 
Total Life Sciences Tools & Services

 

     5,820,196  
Machinery – 2.5%

 

AGCO Corp.

     1,337        158,140  

Allison Transmission Holdings, Inc.

     5,883        347,450  

Caterpillar, Inc.

     24,092        6,577,116  

Cummins, Inc.

     5,766        1,317,300  

Deere & Co.

     4,937        1,863,125  

Donaldson Co., Inc.

     8,217        490,062  

Dover Corp.

     4,522        630,864  

Flowserve Corp.

     7,421        295,133  

Fortive Corp.

     5,667        420,265  

Graco, Inc.

     6,798        495,438  

Hillenbrand, Inc.

     3,907        165,305  

IDEX Corp.

     2,134        443,915  

Illinois Tool Works, Inc.

     15,851        3,650,644  

Ingersoll Rand, Inc.

     6,943        442,408  

ITT, Inc.

     4,116        402,998  

Kennametal, Inc.

     26        647  

Lincoln Electric Holdings, Inc.

     3,121        567,367  

Mueller Industries, Inc.

     3,406        255,995  

Mueller Water Products, Inc., Class A

     22,662        287,354  

Nordson Corp.

     1,950        435,182  

Oshkosh Corp.

     2,308        220,252  

Otis Worldwide Corp.

     14,133        1,135,021  

PACCAR, Inc.

     16,106        1,369,332  

Parker-Hannifin Corp.

     3,856        1,501,989  

Snap-on, Inc.

     3,350        854,451  

Timken Co.

     5,134        377,298  

Toro Co.

     3,407        283,122  

Trinity Industries, Inc.

     6,972        169,768  

Westinghouse Air Brake Technologies Corp.

     3,072        326,461  

Xylem, Inc.

     3,331        303,221  
     

 

 

 
Total Machinery

 

     25,787,623  
Marine Transportation – 0.0%

 

Matson, Inc.

     1,992        176,730  
Media – 1.3%

 

Cable One, Inc.

     271        166,838  

Comcast Corp., Class A

     202,047        8,958,764  

Fox Corp., Class A

     15,408        480,730  

Fox Corp., Class B

     1,636        47,248  

Gray Television, Inc.

     4,594        31,790  

Interpublic Group of Cos., Inc.

     22,328        639,921  

John Wiley & Sons, Inc., Class A

     3,764        139,908  

New York Times Co., Class A

     4,772        196,606  

News Corp., Class A

     19,131        383,768  

News Corp., Class B(a)

     37        772  

Nexstar Media Group, Inc.

     2,133        305,808  

Omnicom Group, Inc.

     11,726        873,353  

Paramount Global, Class B

     51,169      $ 660,080  

Sirius XM Holdings, Inc.(a)

     145,118        655,933  

TEGNA, Inc.

     13,503        196,739  
     

 

 

 
Total Media

 

     13,738,258  
Metals & Mining – 0.5%

 

Alcoa Corp.

     1,322        38,417  

Arch Resources, Inc.

     2,043        348,658  

Commercial Metals Co.

     7,753        383,076  

Freeport-McMoRan, Inc.

     35,194        1,312,384  

Kaiser Aluminum Corp.

     1,911        143,822  

Nucor Corp.

     7,853        1,227,817  

Reliance Steel & Aluminum Co.

     2,824        740,537  

Royal Gold, Inc.

     2,666        283,476  

Steel Dynamics, Inc.

     5,505        590,246  

U.S. Steel Corp.

     4,029        130,862  
     

 

 

 
Total Metals & Mining

 

     5,199,295  
Multi-Utilities – 1.4%

 

Ameren Corp.

     10,331        773,069  

Avista Corp.

     5,270        170,590  

Black Hills Corp.

     3,556        179,898  

CenterPoint Energy, Inc.

     35,001        939,777  

CMS Energy Corp.

     13,963        741,575  

Consolidated Edison, Inc.

     24,503        2,095,741  

Dominion Energy, Inc.

     56,512        2,524,391  

DTE Energy Co.

     14,333        1,422,980  

NiSource, Inc.

     23,545        581,090  

Northwestern Energy Group, Inc.

     3,747        180,081  

Public Service Enterprise Group, Inc.

     26,271        1,495,083  

Sempra

     28,206        1,918,854  

WEC Energy Group, Inc.

     15,034        1,210,989  
     

 

 

 
Total Multi-Utilities

 

     14,234,118  
Office REITs – 0.1%

 

Alexandria Real Estate Equities, Inc.

     6,280        628,628  

Cousins Properties, Inc.

     8,125        165,506  

Highwoods Properties, Inc.

     35        721  

Kilroy Realty Corp.

     25        790  

Piedmont Office Realty Trust, Inc., Class A

     35,148        197,532  

SL Green Realty Corp.

     3,408        127,119  
     

 

 

 
Total Office REITs

 

     1,120,296  
Oil, Gas & Consumable Fuels – 10.8%

 

Antero Midstream Corp.

     66,595        797,808  

APA Corp.

     11,250        462,375  

California Resources Corp.

     4,605        257,926  

Cheniere Energy, Inc.

     5,708        947,300  

Chesapeake Energy Corp.(a)

     16,110        1,389,165  

Chevron Corp.

     141,532        23,865,126  

Chord Energy Corp.

     4,694        760,757  

Civitas Resources, Inc.(a)

     10,270        830,535  

Comstock Resources, Inc.

     19,403        214,015  

ConocoPhillips

     48,949        5,864,090  

CONSOL Energy, Inc.

     4,823        505,981  

Coterra Energy, Inc.

     91,007        2,461,739  

 

See Notes to Financial Statements.

 

104   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

CVR Energy, Inc.

     10,943      $ 372,390  

Devon Energy Corp.

     75,008        3,577,882  

Diamondback Energy, Inc.

     16,915        2,619,795  

DT Midstream, Inc.

     7,547        399,387  

EOG Resources, Inc.

     32,335        4,098,785  

EQT Corp.

     9,726        394,681  

Equitrans Midstream Corp.

     47,192        442,189  

Exxon Mobil Corp.

     316,503        37,214,423  

Hess Corp.

     6,111        934,983  

HF Sinclair Corp.

     11,212        638,299  

Kinetik Holdings, Inc.(a)

     5,198        175,432  

Magnolia Oil & Gas Corp., Class A

     9,239        211,665  

Marathon Oil Corp.

     16,983        454,295  

Marathon Petroleum Corp.

     19,993        3,025,741  

Matador Resources Co.

     2,818        167,615  

Murphy Oil Corp.

     8,261        374,636  

Northern Oil & Gas, Inc.

     8,119        326,627  

Occidental Petroleum Corp.

     16,194        1,050,667  

Ovintiv, Inc.

     8,896        423,183  

PBF Energy, Inc., Class A

     7,178        384,238  

Permian Resources Corp.(a)

     14,160        197,674  

Phillips 66

     26,032        3,127,745  

Pioneer Natural Resources Co.

     26,599        6,105,800  

Range Resources Corp.

     6,277        203,438  

Sitio Royalties Corp., Class A

     8,038        194,600  

SM Energy Co.

     4,220        167,323  

Targa Resources Corp.

     7,598        651,301  

Texas Pacific Land Corp.

     133        242,533  

Valero Energy Corp.

     27,801        3,939,680  

Williams Cos., Inc.

     87,146        2,935,949  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     113,409,773  
Paper & Forest Products – 0.0%

 

Louisiana-Pacific Corp.

     2,481        137,125  

Sylvamo Corp.

     2,448        107,565  
     

 

 

 
Total Paper & Forest Products

 

     244,690  
Personal Care Products – 0.1%

 

Edgewell Personal Care Co.

     5,829        215,440  

Estee Lauder Cos., Inc., Class A

     4,219        609,857  

Inter Parfums, Inc.

     2,366        317,848  

Medifast, Inc.

     904        67,664  

Nu Skin Enterprises, Inc., Class A

     8,004        169,765  
     

 

 

 
Total Personal Care Products

 

     1,380,574  
Pharmaceuticals – 6.3%

 

Bristol-Myers Squibb Co.

     128,049        7,431,964  

Eli Lilly & Co.

     23,291        12,510,295  

Johnson & Johnson

     99,583        15,510,052  

Merck & Co., Inc.

     152,261        15,675,270  

Organon & Co.

     25,607        444,537  

Pfizer, Inc.

     398,868        13,230,452  

Viatris, Inc.

     83,929        827,540  

Zoetis, Inc.

     5,537        963,327  
     

 

 

 
Total Pharmaceuticals

 

     66,593,437  
Professional Services – 1.1%

 

Automatic Data Processing, Inc.

     18,176      4,372,782  

Booz Allen Hamilton Holding Corp.

     3,586        391,842  

Broadridge Financial Solutions, Inc.

     3,587        642,252  

Concentrix Corp.

     487        39,014  

Dun & Bradstreet Holdings, Inc.

     15,094        150,789  

Equifax, Inc.

     1,802        330,090  

Exponent, Inc.

     1,734        148,430  

Insperity, Inc.

     2,307        225,163  

Jacobs Solutions, Inc.

     2,092        285,558  

KBR, Inc.

     2,618        154,305  

Korn Ferry

     2,943        139,616  

Leidos Holdings, Inc.

     3,101        285,788  

ManpowerGroup, Inc.

     4,017        294,526  

Maximus, Inc.

     1,989        148,539  

Paychex, Inc.

     20,769        2,395,289  

Robert Half, Inc.

     4,498        329,614  

Science Applications International Corp.

     2,455        259,101  

SS&C Technologies Holdings, Inc.

     7,360        386,694  

TTEC Holdings, Inc.

     3,175        83,249  

Verisk Analytics, Inc.

     2,379        562,015  
     

 

 

 
Total Professional Services

 

     11,624,656  
Real Estate Management & Development – 0.0%

 

Kennedy-Wilson Holdings, Inc.

     54        796  
Residential REITs – 0.6%

 

American Homes 4 Rent, Class A

     6,741        227,104  

Apartment Income REIT Corp.

     10,048        308,474  

AvalonBay Communities, Inc.

     6,545        1,124,038  

Camden Property Trust

     2,926        276,741  

Equity LifeStyle Properties, Inc.

     4,585        292,111  

Equity Residential

     18,810        1,104,335  

Essex Property Trust, Inc.

     3,090        655,358  

Invitation Homes, Inc.

     18,336        581,068  

Mid-America Apartment Communities, Inc.

     6,554        843,172  

Sun Communities, Inc.

     2,401        284,134  

UDR, Inc.

     13,142        468,775  
     

 

 

 
Total Residential REITs

 

     6,165,310  
Retail REITs – 0.9%

 

Agree Realty Corp.

     3,342        184,612  

Brixmor Property Group, Inc.

     22,858        474,989  

Federal Realty Investment Trust

     5,355        485,324  

Kimco Realty Corp.

     31,899        561,103  

Kite Realty Group Trust

     8,071        172,881  

Macerich Co.

     18        196  

NNN REIT, Inc.

     15,274        539,783  

Realty Income Corp.

     41,307        2,062,872  

Regency Centers Corp.

     6,736        400,388  

Retail Opportunity Investments Corp.

     12,967        160,531  

Simon Property Group, Inc.

     36,227        3,913,603  

Spirit Realty Capital, Inc.

     14,232        477,199  

Tanger Factory Outlet Centers, Inc.

     5,648        127,645  
     

 

 

 
Total Retail REITs

 

     9,561,126  

 

See Notes to Financial Statements.

 

WisdomTree Trust      105  


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  
Semiconductors & Semiconductor Equipment – 4.9%

 

Amkor Technology, Inc.

     6,340      $ 143,284  

Analog Devices, Inc.

     13,516        2,366,516  

Applied Materials, Inc.

     12,925        1,789,466  

Broadcom, Inc.

     18,874        15,676,367  

KLA Corp.

     3,308        1,517,247  

Lam Research Corp.

     3,209        2,011,305  

Microchip Technology, Inc.

     13,903        1,085,129  

Micron Technology, Inc.

     14,898        1,013,511  

MKS Instruments, Inc.

     1,838        159,061  

Monolithic Power Systems, Inc.

     779        359,898  

NVIDIA Corp.

     30,484        13,260,235  

Power Integrations, Inc.

     9        687  

QUALCOMM, Inc.

     40,879        4,540,022  

Skyworks Solutions, Inc.

     6,995        689,637  

Teradyne, Inc.

     2,541        255,269  

Texas Instruments, Inc.

     37,777        6,006,921  

Universal Display Corp.

     1,392        218,530  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     51,093,085  
Software – 4.7%

 

A10 Networks, Inc.

     8,139        122,329  

Bentley Systems, Inc., Class B

     4,823        241,922  

Dolby Laboratories, Inc., Class A

     2,074        164,385  

Gen Digital, Inc.

     21,589        381,694  

InterDigital, Inc.

     2,118        169,949  

Intuit, Inc.

     3,731        1,906,317  

Microsoft Corp.

     121,475        38,355,731  

Oracle Corp.

     66,248        7,016,988  

Roper Technologies, Inc.

     1,279        619,394  
     

 

 

 
Total Software

 

     48,978,709  
Specialized REITs – 1.9%

 

American Tower Corp.

     18,362        3,019,631  

Crown Castle, Inc.

     27,378        2,519,597  

CubeSmart

     15,844        604,132  

Digital Realty Trust, Inc.

     17,097        2,069,079  

EPR Properties

     8,730        362,644  

Equinix, Inc.

     2,151        1,562,185  

Extra Space Storage, Inc.

     11,391        1,384,918  

Gaming & Leisure Properties, Inc.

     18,370        836,754  

Iron Mountain, Inc.

     15,912        945,968  

Lamar Advertising Co., Class A

     7,488        625,023  

National Storage Affiliates Trust

     5,367        170,349  

PotlatchDeltic Corp.

     2,658        120,647  

Public Storage

     9,943        2,620,179  

Rayonier, Inc.

     4,301        122,406  

SBA Communications Corp.

     1,305        261,222  

Uniti Group, Inc.

     8,825        41,654  

VICI Properties, Inc.

     62,139        1,808,245  

Weyerhaeuser Co.

     16,070        492,706  
     

 

 

 
Total Specialized REITs

 

     19,567,339  
Specialty Retail – 2.2%

 

Advance Auto Parts, Inc.

     3,062        171,258  

Bath & Body Works, Inc.

     5,756      194,553  

Best Buy Co., Inc.

     14,480        1,005,926  

Big 5 Sporting Goods Corp.

     29        203  

Buckle, Inc.

     5,814        194,129  

Camping World Holdings, Inc., Class A

     2,665        54,393  

Dick’s Sporting Goods, Inc.

     2,128        231,058  

Foot Locker, Inc.

     6,443        111,786  

Gap, Inc.

     25,114        266,962  

Guess?, Inc.

     10,303        222,957  

Home Depot, Inc.

     36,437        11,009,804  

Lithia Motors, Inc.

     655        193,441  

Lowe’s Cos., Inc.

     18,739        3,894,714  

Penske Automotive Group, Inc.

     2,936        490,488  

Ross Stores, Inc.

     5,918        668,438  

TJX Cos., Inc.

     26,548        2,359,586  

Tractor Supply Co.

     2,937        596,358  

Upbound Group, Inc.

     7,207        212,246  

Valvoline, Inc.

     7,302        235,416  

Williams-Sonoma, Inc.

     3,378        524,941  
     

 

 

 
Total Specialty Retail

 

     22,638,657  
Technology Hardware, Storage & Peripherals – 4.0%

 

Apple, Inc.

     224,360        38,412,676  

Hewlett Packard Enterprise Co.

     60,967        1,058,997  

HP, Inc.

     56,453        1,450,842  

NetApp, Inc.

     11,709        888,479  

Xerox Holdings Corp.

     16,224        254,554  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     42,065,548  
Textiles, Apparel & Luxury Goods – 0.4%

 

Carter’s, Inc.

     2,081        143,901  

Columbia Sportswear Co.

     1,762        130,564  

Kontoor Brands, Inc.

     5,425        238,212  

Levi Strauss & Co., Class A

     9,799        133,070  

NIKE, Inc., Class B

     23,681        2,264,377  

Oxford Industries, Inc.

     1,459        140,254  

Ralph Lauren Corp.

     1,857        215,579  

Steven Madden Ltd.

     13        413  

Tapestry, Inc.

     13,552        389,620  

Wolverine World Wide, Inc.

     8,713        70,227  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     3,726,217  
Tobacco – 2.3%

 

Altria Group, Inc.

     193,625        8,141,931  

Philip Morris International, Inc.

     163,195        15,108,593  

Universal Corp.

     4,642        219,149  

Vector Group Ltd.

     26,639        283,439  
     

 

 

 
Total Tobacco

 

     23,753,112  
Trading Companies & Distributors – 0.6%

 

Air Lease Corp.

     6,198        244,263  

Applied Industrial Technologies, Inc.

     2,206        341,070  

Fastenal Co.

     33,003        1,803,284  

GATX Corp.

     1,270        138,214  

H&E Equipment Services, Inc.

     5,289        228,432  

Herc Holdings, Inc.

     1,450        172,463  

 

See Notes to Financial Statements.

 

106   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Total Dividend Fund (DTD)

September 30, 2023

 

 

 

Investments    Shares      Value  

MSC Industrial Direct Co., Inc., Class A

     5,157      $ 506,160  

Rush Enterprises, Inc., Class A

     6,610        269,886  

Veritiv Corp.

     1,050        177,345  

Watsco, Inc.(a)

     2,703        1,020,977  

WW Grainger, Inc.

     1,355        937,443  
     

 

 

 
Total Trading Companies & Distributors

 

     5,839,537  
Water Utilities – 0.1%

 

American States Water Co.

     1,374        108,106  

American Water Works Co., Inc.

     5,459        675,988  

California Water Service Group

     2,656        125,656  

Essential Utilities, Inc.

     10,633        365,031  
     

 

 

 
Total Water Utilities

 

     1,274,781  
Wireless Telecommunication Services – 0.0%

 

Telephone & Data Systems, Inc.

     10,507        192,383  
Total United States

 

     1,046,573,181  
Puerto Rico – 0.1%

 

Banks – 0.1%

 

First Bancorp

     19,793        266,414  

OFG Bancorp

     11,832        353,303  

Popular, Inc.

     4,817        303,519  
Total Puerto Rico

 

     923,236  
TOTAL COMMON STOCKS
(Cost: $880,891,526)

 

     1,047,496,417  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1%

 

United States – 0.1%

 

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

     
(Cost: $685,359)      685,359      685,359  

TOTAL INVESTMENTS IN SECURITIES – 99.8%

(Cost: $881,576,885)

 

 

     1,048,181,776  

Other Assets less Liabilities – 0.2%

        1,679,332  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,049,861,108  
(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 $5,675,254 and the total market value of the collateral held by the Fund was $5,856,866. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,171,507.

 

(b) 

Rate shown represents annualized 7-day yield as of 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

   $ 1,047,496,417      $      $      $ 1,047,496,417  

Investment of Cash Collateral for Securities Loaned

            685,359               685,359  

Total Investments in Securities

   $ 1,047,496,417      $ 685,359      $      $ 1,048,181,776  

 

See Notes to Financial Statements.

 

WisdomTree Trust      107  


Schedule of Investments (unaudited)

WisdomTree U.S. Value Fund (WTV)

September 30, 2023

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.9%

 

United States – 99.9%

 

Aerospace & Defense – 1.1%

 

Woodward, Inc.

     13,881      $ 1,724,853  
Air Freight & Logistics – 1.6%

 

CH Robinson Worldwide, Inc.

     14,519        1,250,522  

Expeditors International of Washington, Inc.

     10,516        1,205,449  
     

 

 

 
Total Air Freight & Logistics

 

     2,455,971  
Biotechnology – 1.2%

 

Amgen, Inc.

     7,137        1,918,140  
Broadline Retail – 1.5%

 

Dillard’s, Inc., Class A

     2,645        874,993  

eBay, Inc.

     21,437        945,157  

Macy’s, Inc.

     44,705        519,025  
     

 

 

 
Total Broadline Retail

 

     2,339,175  
Building Products – 4.9%

 

Builders FirstSource, Inc.*

     21,969        2,734,921  

Fortune Brands Innovations, Inc.

     23,883        1,484,567  

Masco Corp.

     28,415        1,518,782  

Owens Corning

     14,735        2,010,001  
     

 

 

 
Total Building Products

 

     7,748,271  
Capital Markets – 1.9%

 

Affiliated Managers Group, Inc.

     4,587        597,870  

Jefferies Financial Group, Inc.

     25,951        950,585  

Morgan Stanley

     9,348        763,451  

T Rowe Price Group, Inc.

     6,787        711,753  
     

 

 

 
Total Capital Markets

 

     3,023,659  
Chemicals – 3.4%

 

Dow, Inc.

     29,327        1,512,100  

Eastman Chemical Co.

     17,022        1,305,928  

Mosaic Co.

     32,812        1,168,107  

Olin Corp.

     27,145        1,356,707  
     

 

 

 
Total Chemicals

 

     5,342,842  
Communications Equipment – 1.4%

 

Ciena Corp.*

     21,489        1,015,570  

Cisco Systems, Inc.

     20,599        1,107,402  
     

 

 

 
Total Communications Equipment

 

     2,122,972  
Construction & Engineering – 1.2%

 

EMCOR Group, Inc.

     8,934        1,879,624  
Consumer Finance – 1.6%

 

Credit Acceptance Corp.*

     1,977        909,657  

Discover Financial Services

     8,828        764,770  

Synchrony Financial

     27,022        826,063  
     

 

 

 
Total Consumer Finance

 

     2,500,490  
Containers & Packaging – 2.7%

 

Berry Global Group, Inc.

     23,689        1,466,586  

International Paper Co.

     39,868        1,414,118  

Westrock Co.

     36,304        1,299,683  
     

 

 

 
Total Containers & Packaging

 

     4,180,387  
Distributors – 0.5%

 

LKQ Corp.

     17,124      847,809  
Diversified Consumer Services – 1.0%

 

H&R Block, Inc.

     22,184        955,243  

Service Corp. International

     11,226        641,454  
     

 

 

 
Total Diversified Consumer Services

 

     1,596,697  
Electric Utilities – 1.6%

 

NRG Energy, Inc.

     44,149        1,700,619  

PPL Corp.

     33,917        799,085  
     

 

 

 
Total Electric Utilities

 

     2,499,704  
Electrical Equipment – 0.8%

 

Acuity Brands, Inc.

     7,141        1,216,184  
Electronic Equipment, Instruments & Components – 2.2%

 

Arrow Electronics, Inc.*

     13,349        1,671,829  

Jabil, Inc.

     14,628        1,856,147  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     3,527,976  
Financial Services – 2.0%

 

Equitable Holdings, Inc.

     31,927        906,408  

FleetCor Technologies, Inc.*

     5,095        1,300,957  

Voya Financial, Inc.

     15,145        1,006,385  
     

 

 

 
Total Financial Services

 

     3,213,750  
Food Products – 0.7%

 

Post Holdings, Inc.*

     12,512        1,072,779  
Ground Transportation – 2.8%

 

Avis Budget Group, Inc.*

     8,445        1,517,482  

CSX Corp.

     32,383        995,777  

Norfolk Southern Corp.

     4,268        840,497  

Union Pacific Corp.

     5,120        1,042,586  
     

 

 

 
Total Ground Transportation

 

     4,396,342  
Health Care Providers & Services – 8.1%

 

Cardinal Health, Inc.

     31,036        2,694,546  

Cigna Group

     6,287        1,798,522  

HCA Healthcare, Inc.

     10,566        2,599,025  

Laboratory Corp. of America Holdings

     9,876        1,985,570  

McKesson Corp.

     4,694        2,041,186  

Quest Diagnostics, Inc.

     13,868        1,689,954  
     

 

 

 
Total Health Care Providers & Services

 

     12,808,803  
Hotels, Restaurants & Leisure – 1.9%

 

Boyd Gaming Corp.

     13,797        839,271  

Darden Restaurants, Inc.

     5,726        820,078  

Marriott Vacations Worldwide Corp.

     6,788        683,076  

Wyndham Hotels & Resorts, Inc.

     9,651        671,131  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     3,013,556  
Household Durables – 4.0%

 

Lennar Corp., Class A

     9,259        1,039,138  

NVR, Inc.*

     197        1,174,770  

PulteGroup, Inc.

     20,865        1,545,053  

Tempur Sealy International, Inc.

     29,932        1,297,253  

Toll Brothers, Inc.

     16,311        1,206,361  
     

 

 

 
Total Household Durables

 

     6,262,575  

 

See Notes to Financial Statements.

 

108   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree U.S. Value Fund (WTV)

September 30, 2023

 

 

 

Investments    Shares      Value  
Insurance – 9.2%

 

Aflac, Inc.

     15,605      $ 1,197,684  

Allstate Corp.

     11,014        1,227,070  

American International Group, Inc.

     24,027        1,456,036  

Fidelity National Financial, Inc.

     38,773        1,601,325  

First American Financial Corp.

     27,199        1,536,472  

Hartford Financial Services Group, Inc.

     17,758        1,259,220  

Loews Corp.

     18,079        1,144,581  

MetLife, Inc.

     18,840        1,185,224  

Primerica, Inc.

     7,936        1,539,663  

Principal Financial Group, Inc.

     16,613        1,197,299  

Prudential Financial, Inc.

     11,543        1,095,315  
     

 

 

 
Total Insurance

 

     14,439,889  
Interactive Media & Services – 2.4%

 

Meta Platforms, Inc., Class A*

     12,300        3,692,583  
IT Services – 1.5%

 

DXC Technology Co.*

     56,389        1,174,583  

GoDaddy, Inc., Class A*

     15,828        1,178,869  
     

 

 

 
Total IT Services

 

     2,353,452  
Leisure Products – 0.5%

 

Polaris, Inc.

     7,350        765,429  
Life Sciences Tools & Services – 1.1%

 

Medpace Holdings, Inc.*

     7,394        1,790,309  
Media – 5.3%

 

Charter Communications, Inc., Class A*

     3,919        1,723,654  

Comcast Corp., Class A

     39,870        1,767,836  

Fox Corp., Class A

     32,589        1,016,777  

Liberty Broadband Corp., Class C*

     16,929        1,545,956  

Nexstar Media Group, Inc.(a)

     7,710        1,105,383  

Omnicom Group, Inc.

     15,040        1,120,179  
     

 

 

 
Total Media

 

     8,279,785  
Metals & Mining – 4.5%

 

Alcoa Corp.

     27,515        799,586  

Nucor Corp.

     9,603        1,501,429  

Reliance Steel & Aluminum Co.

     5,163        1,353,894  

Steel Dynamics, Inc.

     13,282        1,424,096  

U.S. Steel Corp.

     60,154        1,953,802  
     

 

 

 
Total Metals & Mining

 

     7,032,807  
Oil, Gas & Consumable Fuels – 10.3%

 

Antero Resources Corp.*

     28,605        725,995  

APA Corp.

     35,524        1,460,037  

Chevron Corp.

     16,887        2,847,486  

ConocoPhillips

     8,623        1,033,035  

Devon Energy Corp.

     16,689        796,065  

Diamondback Energy, Inc.

     8,195        1,269,242  

Exxon Mobil Corp.

     7,831        920,769  

Magnolia Oil & Gas Corp., Class A

     53,019        1,214,665  

Marathon Oil Corp.

     55,695        1,489,841  

Marathon Petroleum Corp.

     13,295        2,012,065  

Ovintiv, Inc.

     19,830        943,313  

Valero Energy Corp.

     11,039      1,564,337  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     16,276,850  
Pharmaceuticals – 0.9%

 

Bristol-Myers Squibb Co.

     24,388        1,415,480  
Real Estate Management & Development – 2.0%

 

Jones Lang LaSalle, Inc.*

     9,435        1,332,033  

Zillow Group, Inc., Class C*

     40,560        1,872,250  
     

 

 

 
Total Real Estate Management & Development

 

     3,204,283  
Residential REITs – 0.6%

 

Apartment Income REIT Corp.

     31,666        972,146  
Semiconductors & Semiconductor Equipment – 2.4%

 

Applied Materials, Inc.

     9,316        1,289,800  

KLA Corp.

     3,256        1,493,397  

Teradyne, Inc.

     10,527        1,057,543  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     3,840,740  
Software – 3.3%

 

Dolby Laboratories, Inc., Class A

     15,397        1,220,366  

Dropbox, Inc., Class A*

     64,350        1,752,250  

Fair Isaac Corp.*

     1,535        1,333,194  

Salesforce, Inc.*

     4,736        960,366  
     

 

 

 
Total Software

 

     5,266,176  
Specialty Retail – 4.6%

 

AutoNation, Inc.*

     8,152        1,234,213  

Bath & Body Works, Inc.

     21,405        723,489  

Best Buy Co., Inc.

     11,121        772,576  

Lithia Motors, Inc.

     4,161        1,228,868  

Lowe’s Cos., Inc.

     4,515        938,398  

Penske Automotive Group, Inc.

     6,776        1,131,998  

Williams-Sonoma, Inc.

     8,130        1,263,402  
     

 

 

 
Total Specialty Retail

 

     7,292,944  
Technology Hardware, Storage & Peripherals – 0.9%

 

NetApp, Inc.

     19,230        1,459,172  
Textiles, Apparel & Luxury Goods – 1.5%

 

Columbia Sportswear Co.(a)

     7,329        543,079  

Ralph Lauren Corp.

     8,671        1,006,616  

Tapestry, Inc.

     25,705        739,019  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     2,288,714  
Tobacco – 0.8%

 

Altria Group, Inc.

     30,036        1,263,014  
TOTAL INVESTMENTS IN SECURITIES – 99.9%
(Cost: $147,751,703)

 

     157,326,332  

Other Assets less Liabilities – 0.1%

        201,459  
     

 

 

 
NET ASSETS – 100.0%

 

   $ 157,527,791  
* 

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 $1,432,132 and the total market value of the collateral held by the Fund was $1,432,136, which was entirely composed of non-cash U.S. Government securities.

 

See Notes to Financial Statements.

 

WisdomTree Trust      109  


Schedule of Investments (unaudited) (concluded)

WisdomTree U.S. Value Fund (WTV)

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

   $ 157,326,332      $      $      $ 157,326,332  

Total Investments in Securities

   $ 157,326,332      $      $      $ 157,326,332  

 

See Notes to Financial Statements.

 

110   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
U.S. AI Enhanced
Value Fund
     WisdomTree
U.S. ESG Fund
     WisdomTree
U.S. Growth &
Momentum
Fund
     WisdomTree
U.S. High
Dividend Fund
     WisdomTree
U.S. LargeCap
Dividend Fund
 

ASSETS:

              

Investments, at cost

   $ 397,067,634      $ 52,964,733      $ 2,154,650      $ 1,230,627,822      $ 2,821,123,340  

Investment in affiliates, at cost (Note 3)

                                 61,356  

Investments in securities, at value1,2 (Note 2)

     365,284,660        65,093,667        2,079,817        1,151,772,077        3,416,950,651  

Investment in affiliates, at value (Note 3)

                                 60,170  

Cash

     1,645,856        47,867        1,442        939,991        2,537,357  

Receivables:

              

Dividends

     805,999        60,601        315        3,244,530        4,740,394  

Securities lending income

     17,742        225               3,113        13,572  

Total Assets

     367,754,257        65,202,360        2,081,574        1,155,959,711        3,424,302,144  

LIABILITIES:

 

Payables:

              

Cash collateral received for securities loaned (Note 2)

     2,773,297                      848,268        2,861,449  

Advisory fees (Note 3)

     118,015        15,495        968        366,584        809,391  

Service fees (Note 2)

     1,366        243        8        4,245        12,722  

Total Liabilities

     2,892,678        15,738        976        1,219,097        3,683,562  

NET ASSETS

   $ 364,861,579      $ 65,186,622      $ 2,080,598      $ 1,154,740,614      $ 3,420,618,582  

NET ASSETS:

              

Paid-in capital

   $ 513,297,613      $ 62,844,987      $ 3,580,785      $ 1,332,634,018      $ 3,014,421,964  

Total distributable earnings (loss)

     (148,436,034      2,341,635        (1,500,187      (177,893,404      406,196,618  

NET ASSETS

   $ 364,861,579      $ 65,186,622      $ 2,080,598      $ 1,154,740,614      $ 3,420,618,582  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     4,100,000        1,475,000        100,000        14,800,000        55,650,000  

Net asset value per share

   $ 88.99      $ 44.19      $ 20.81      $ 78.02      $ 61.47  

1 Includes market value of securities out on loan of:

   $ 9,108,269      $ 76,347             $ 23,792,295      $ 7,884,167  

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      111  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
U.S. LargeCap
Fund
     WisdomTree
U.S. MidCap
Dividend Fund
     WisdomTree
U.S. MidCap
Fund
     WisdomTree
U.S. Multifactor
Fund
     WisdomTree
U.S. Quality
Dividend
Growth Fund
 

ASSETS:

              

Investments, at cost

   $ 604,099,111      $ 3,061,928,114      $ 695,950,921      $ 248,129,179      $ 8,821,522,227  

Investment in affiliates, at cost (Note 3)

     481,422               269,115                

Investments in securities, at value1,2 (Note 2)

     670,739,437        3,164,901,053        716,861,782        260,120,633        9,657,208,697  

Investment in affiliates, at value (Note 3)

     497,711               273,695                

Cash

     316,213        2,875,432        2,331,256        93,301        6,469,303  

Receivables:

              

Capital shares sold

                          960,777        22,211,580  

Dividends

     455,401        5,013,754        616,700        218,148        13,678,833  

Securities lending income

     776        13,667        8,741        153        53,390  

Total Assets

     672,009,538        3,172,803,906        720,092,174        261,393,012        9,699,621,803  

LIABILITIES:

 

Payables:

 

Cash collateral received for securities loaned (Note 2)

     771        16,848,233        1,980,207               9,953,796  

Investment securities purchased

                          959,845        22,197,468  

Advisory fees (Note 3)

     45,256        1,009,288        230,194        60,793        2,222,650  

Service fees (Note 2)

     2,489        11,692        2,667        955        34,927  

Total Liabilities

     48,516        17,869,213        2,213,068        1,021,593        34,408,841  

NET ASSETS

   $ 671,961,022      $ 3,154,934,693      $ 717,879,106      $ 260,371,419      $ 9,665,212,962  

NET ASSETS:

              

Paid-in capital

   $ 655,163,391      $ 3,498,864,197      $ 777,983,459      $ 282,142,217      $ 9,285,214,142  

Total distributable earnings (loss)

     16,797,631        (343,929,504      (60,104,353      (21,770,798      379,998,820  

NET ASSETS

   $ 671,961,022      $ 3,154,934,693      $ 717,879,106      $ 260,371,419      $ 9,665,212,962  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     14,700,000        77,050,000        14,150,000        6,775,000        152,300,000  

Net asset value per share

   $ 45.71      $ 40.95      $ 50.73      $ 38.43      $ 63.46  

1 Includes market value of securities out on loan of:

   $ 891,210      $ 136,321,647      $ 56,174,945      $ 874,372      $ 28,190,025  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

  

 

See Notes to Financial Statements.

 

112   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
U.S. Quality
Growth Fund
     WisdomTree
U.S. SmallCap
Dividend Fund
     WisdomTree U.S.
SmallCap Fund
     WisdomTree
U.S. SmallCap
Quality Dividend
Growth Fund
     WisdomTree
U.S. Total
Dividend Fund
 

ASSETS:

              

Investments, at cost

   $ 51,328,013      $ 1,803,483,821      $ 626,837,074      $ 271,394,579      $ 881,576,885  

Investment in affiliates, at cost (Note 3)

            115,638                       

Investments in securities, at value1,2 (Note 2)

     53,957,769        1,758,862,714        595,352,085        264,053,583        1,048,181,776  

Investment in affiliates, at value (Note 3)

            117,514                       

Cash

     26,238        1,179,437        179,485        213,293        1,145,074  

Receivables:

              

Investment securities sold3

                   4,321,830                

Capital shares sold

     1,587,587                              

Dividends

     3,199        2,969,644        328,185        201,131        1,468,706  

Securities lending income

            32,685        18,141        3,346        3,280  

Total Assets

     55,574,793        1,763,161,994        600,199,726        264,471,353        1,050,798,836  

LIABILITIES:

 

Payables:

 

Cash collateral received for securities loaned (Note 2)

            10,485,844        11,901,818        1,701,425        685,359  

Investment securities purchased

     1,583,315                              

Capital shares redeemed

                   4,324,319                

Advisory fees (Note 3)

     12,254        560,303        187,111        81,471        248,465  

Service fees (Note 2)

     193        6,493        2,167        943        3,904  

Total Liabilities

     1,595,762        11,052,640        16,415,415        1,783,839        937,728  

NET ASSETS

   $ 53,979,031      $ 1,752,109,354      $ 583,784,311      $ 262,687,514      $ 1,049,861,108  

NET ASSETS:

              

Paid-in capital

   $ 50,625,984      $ 2,153,659,849      $ 699,340,450      $ 300,102,143      $ 973,406,902  

Total distributable earnings (loss)

     3,353,047        (401,550,495      (115,556,139      (37,414,629      76,454,206  

NET ASSETS

   $ 53,979,031      $ 1,752,109,354      $ 583,784,311      $ 262,687,514      $ 1,049,861,108  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     1,700,000        62,150,000        13,500,000        6,365,000        17,450,000  

Net asset value per share

   $ 31.75      $ 28.19      $ 43.24      $ 41.27      $ 60.16  

1 Includes market value of securities out on loan of:

          $ 168,001,877      $ 36,155,778      $ 6,103,887      $ 5,675,254  

2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information).

  

  

3 Includes market value of securities out on loan, which were sold and pending settlement, of:

                 $ 138,813                

 

See Notes to Financial Statements.

 

WisdomTree Trust      113  


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

September 30, 2023

 

 

 

      WisdomTree
U.S. Value Fund
 

ASSETS:

  

Investments, at cost

   $ 147,751,703  

Investments in securities, at value1 (Note 2)

     157,326,332  

Cash

     73,846  

Receivables:

  

Dividends

     142,847  

Securities lending income

     548  

Total Assets

     157,543,573  

LIABILITIES:

 

Payables:

 

Advisory fees (Note 3)

     15,224  

Service fees (Note 2)

     558  

Total Liabilities

     15,782  

NET ASSETS

   $ 157,527,791  

NET ASSETS:

  

Paid-in capital

   $ 163,049,109  

Total distributable earnings (loss)

     (5,521,318

NET ASSETS

   $ 157,527,791  

Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized)

     2,550,000  

Net asset value per share

   $ 61.78  

1 Includes market value of securities out on loan of:

   $ 1,432,132  

 

See Notes to Financial Statements.

 

114   WisdomTree Trust


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

     WisdomTree
U.S. AI Enhanced
Value Fund
    WisdomTree
U.S. ESG Fund
    WisdomTree
U.S. Growth &
Momentum
Fund
    WisdomTree
U.S. High
Dividend Fund
    WisdomTree
U.S. LargeCap
Dividend Fund
 

INVESTMENT INCOME:

         

Dividends

  $ 5,777,023     $ 593,168     $ 8,643     $ 28,131,962     $ 49,522,676  

Dividends from affiliates (Note 3)

                      14,061       45,722  

Interest

    8,251       508       9       4,124       15,490  

Securities lending income, net (Note 2)

    370,487       5,131       1       28,547       170,631  

Less: Foreign withholding taxes on dividends

    (729           (16     (2,822      

Total investment income

    6,155,032       598,807       8,637       28,175,872       49,754,519  

EXPENSES:

         

Advisory fees (Note 3)

    739,356       97,491       6,707       2,281,426       4,928,528  

Service fees (Note 2)

    8,560       1,532       54       26,417       77,448  

Total expenses

    747,916       99,023       6,761       2,307,843       5,005,976  

Expense waivers (Note 3)

                      (822     (1,707

Net expenses

    747,916       99,023       6,761       2,307,021       5,004,269  

Net investment income

    5,407,116       499,784       1,876       25,868,851       44,750,250  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

         

Investment transactions

    (3,746,509     (139,728     107,554       (4,188,826     (2,070,067

Investment transactions in affiliates (Note 3)

                      22,274       (1,256

In-kind redemptions

    1,268,632       1,648,826       11,829       15,109,818       46,787,250  

Net realized gain (loss)

    (2,477,877     1,509,098       119,383       10,943,266       44,715,927  

Net increase (decrease) in unrealized appreciation/depreciation:

         

Investment transactions

    (8,325,209     315,294       (88,696     (80,086,364     (67,420,485

Investment transactions in affiliates (Note 3)

                      (6,803     (34,471

Net increase (decrease) in unrealized appreciation/depreciation

    (8,325,209     315,294       (88,696     (80,093,167     (67,454,956

Net realized and unrealized gain (loss) on investments

    (10,803,086     1,824,392       30,687       (69,149,901     (22,739,029

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

  $ (5,395,970   $ 2,324,176     $ 32,563     $ (43,281,050   $ 22,011,221  

 

See Notes to Financial Statements.

 

WisdomTree Trust      115  


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      WisdomTree
U.S. LargeCap
Fund
     WisdomTree
U.S. MidCap
Dividend Fund
     WisdomTree
U.S. MidCap
Fund
     WisdomTree
U.S. Multifactor
Fund
     WisdomTree
U.S. Quality
Dividend Growth
Fund
 

INVESTMENT INCOME:

              

Dividends

   $ 6,574,695      $ 50,568,154      $ 6,531,682      $ 2,258,896      $ 100,631,131  

Dividends from affiliates (Note 3)

     18,096        69,941        14,906                

Interest

     4,417        10,892        3,381        3,672        42,134  

Securities lending income, net (Note 2)

     18,294        60,842        58,133        394        927,096  

Less: Foreign withholding taxes on dividends

            (20,538                     

Total investment income

     6,615,502        50,689,291        6,608,102        2,262,962        101,600,361  

EXPENSES:

              

Advisory fees (Note 3)

     273,720        6,131,361        1,376,508        363,526        12,727,442  

Service fees (Note 2)

     15,055        70,995        15,938        5,713        200,003  

Total expenses

     288,775        6,202,356        1,392,446        369,239        12,927,445  

Expense waivers (Note 3)

            (4,108      (643              

Net expenses

     288,775        6,198,248        1,391,803        369,239        12,927,445  

Net investment income

     6,326,727        44,491,043        5,216,299        1,893,723        88,672,916  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

              

Investment transactions

     (965,378      8,490,909        1,455,279        (4,771,141      (2,557,570

Investment transactions in affiliates (Note 3)

     (53,875      (206,313      (34,299              

In-kind redemptions

     11,729,246        14,702,900        3,719,463        6,399,335        23,001,947  

Futures contracts

                          (16,483       

Net realized gain

     10,709,993        22,987,496        5,140,443        1,611,711        20,444,377  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     19,443,700        (30,731,299      6,903,929        4,318,326        93,871,862  

Investment transactions in affiliates (Note 3)

     (8,957             (15,993              

Net increase (decrease) in unrealized appreciation/depreciation

     19,434,743        (30,731,299      6,887,936        4,318,326        93,871,862  

Net realized and unrealized gain (loss) on investments

     30,144,736        (7,743,803      12,028,379        5,930,037        114,316,239  

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 36,471,463      $ 36,747,240      $ 17,244,678      $ 7,823,760      $ 202,989,155  

 

See Notes to Financial Statements.

 

116   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      WisdomTree
U.S. Quality
Growth Fund
     WisdomTree
U.S. SmallCap
Dividend Fund
     WisdomTree
U.S. SmallCap
Fund
     WisdomTree
U.S. SmallCap
Quality Dividend
Growth Fund
     WisdomTree
U.S. Total
Dividend Fund
 

INVESTMENT INCOME:

              

Dividends

   $ 112,763      $ 32,735,893      $ 5,040,843      $ 3,875,174      $ 15,583,750  

Dividends from affiliates (Note 3)

            48,832        4,789                

Interest

     132        11,344        3,676        2,767        7,524  

Securities lending income, net (Note 2)

            216,456        134,818        17,813        43,260  

Less: Foreign withholding taxes on dividends

            (19,719                    (1,613

Total investment income

     112,895        32,992,806        5,184,126        3,895,754        15,632,921  

EXPENSES:

              

Advisory fees (Note 3)

     53,190        3,444,119        1,099,892        450,330        1,514,977  

Service fees (Note 2)

     836        39,879        12,736        5,214        23,807  

Total expenses

     54,026        3,483,998        1,112,628        455,544        1,538,784  

Expense waivers (Note 3)

            (2,807      (581              

Net expenses

     54,026        3,481,191        1,112,047        455,544        1,538,784  

Net investment income

     58,869        29,511,615        4,072,079        3,440,210        14,094,137  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

              

Investment transactions

     (190,471      (8,218,626      (2,569,516      (1,638,245      (600,744

Investment transactions in affiliates (Note 3)

            (42,633      (74,853              

In-kind redemptions

     854,642        15,227,944        2,117,348        324,380        18,041,053  

Net realized gain (loss)

     664,171        6,966,685        (527,021      (1,313,865      17,440,309  

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     2,343,032        (32,381,719      (1,577,373      (1,534,911      (24,998,694

Investment transactions in affiliates (Note 3)

            (11,654      104,255                

Net increase (decrease) in unrealized appreciation/depreciation

     2,343,032        (32,393,373      (1,473,118      (1,534,911      (24,998,694

Net realized and unrealized gain (loss) on investments

     3,007,203        (25,426,688      (2,000,139      (2,848,776      (7,558,385

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 3,066,072      $ 4,084,927      $ 2,071,940      $ 591,434      $ 6,535,752  

 

See Notes to Financial Statements.

 

WisdomTree Trust      117  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended September 30, 2023

 

 

 

      WisdomTree
U.S. Value Fund
 

INVESTMENT INCOME:

  

Dividends

   $ 1,358,685  

Interest

     550  

Securities lending income, net (Note 2)

     2,426  

Total investment income

     1,361,661  

EXPENSES:

  

Advisory fees (Note 3)

     87,264  

Service fees (Note 2)

     3,200  

Total expenses

     90,464  

Net investment income

     1,271,197  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

  

Investment transactions

     (1,272,217

In-kind redemptions

     3,070,476  

Net realized gain

     1,798,259  

Net increase in unrealized appreciation/depreciation

     5,127,383  

Net realized and unrealized gain on investments

     6,925,642  

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ 8,196,839  

 

See Notes to Financial Statements.

 

118   WisdomTree Trust


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. AI Enhanced Value Fund
    WisdomTree
U.S. ESG Fund
    WisdomTree
U.S. Growth & Momentum Fund
 
     For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 5,407,116     $ 9,294,205     $ 499,784     $ 1,041,143     $ 1,876     $ 1,970  

Net realized gain (loss) on investments

    (2,477,877     (18,469,063     1,509,098       (3,018,213     119,383       (567,298

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (8,325,209     (17,105,029     315,294       (5,117,955     (88,696     139,961  

Net increase (decrease) in net assets resulting from operations

    (5,395,970     (26,279,887     2,324,176       (7,095,025     32,563       (425,367

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (5,318,000     (9,454,072     (499,125     (1,008,693           (1,984

Tax return of capital

                                  (400

Total distributions to shareholders

    (5,318,000     (9,454,072     (499,125     (1,008,693           (2,384

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

                1,075,702       2,078,530              

Cost of shares redeemed

    (20,791,006     (60,535,501     (5,651,354     (3,095,268     (437,592     (1,182,106

Net decrease in net assets resulting from capital share transactions

    (20,791,006     (60,535,501     (4,575,652     (1,016,738     (437,592     (1,182,106

Net Decrease in Net Assets

    (31,504,976     (96,269,460     (2,750,601     (9,120,456     (405,029     (1,609,857

NET ASSETS:

 

Beginning of period

  $ 396,366,555     $ 492,636,015     $ 67,937,223     $ 77,057,679     $ 2,485,627     $ 4,095,484  

End of period

  $ 364,861,579     $ 396,366,555     $ 65,186,622     $ 67,937,223     $ 2,080,598     $ 2,485,627  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    4,325,000       4,975,000       1,575,000       1,600,000       120,000       180,000  

Shares created

                25,000       50,000              

Shares redeemed

    (225,000     (650,000     (125,000     (75,000     (20,000     (60,000

Shares outstanding, end of period

    4,100,000       4,325,000       1,475,000       1,575,000       100,000       120,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      119  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. High Dividend Fund
    WisdomTree
U.S. LargeCap Dividend Fund
    WisdomTree
U.S. LargeCap Fund
 
     For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 25,868,851     $ 48,742,351     $ 44,750,250     $ 91,646,751     $ 6,326,727     $ 12,395,831  

Net realized gain (loss) on investments

    10,943,266       82,444,487       44,715,927       134,565,950       10,709,993       (11,118,901

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (80,093,167     (158,410,618     (67,454,956     (330,156,213     19,434,743       (53,705,837

Net increase (decrease) in net assets resulting from operations

    (43,281,050     (27,223,780     22,011,221       (103,943,512     36,471,463       (52,428,907

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (24,576,750     (52,764,847     (43,846,500     (94,641,498     (6,471,500     (12,389,635

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    85,457,536       983,982,222       91,399,431       663,360,233       18,472,539       108,501,573  

Cost of shares redeemed

    (199,959,293     (591,853,425     (119,353,173     (421,607,267     (35,146,237     (82,001,123

Net increase (decrease) in net assets resulting from capital share transactions

    (114,501,757     392,128,797       (27,953,742     241,752,966       (16,673,698     26,500,450  

Net Increase (Decrease) in Net Assets

    (182,359,557     312,140,170       (49,789,021     43,167,956       13,326,265       (38,318,092

NET ASSETS:

 

Beginning of period

  $ 1,337,100,171     $ 1,024,960,001     $ 3,470,407,603     $ 3,427,239,647     $ 658,634,757     $ 696,952,849  

End of period

  $ 1,154,740,614     $ 1,337,100,171     $ 3,420,618,582     $ 3,470,407,603     $ 671,961,022     $ 658,634,757  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    16,250,000       11,650,000       56,100,000       52,200,000       15,050,000       14,450,000  

Shares created

    1,050,000       11,400,000       1,450,000       10,800,000       400,000       2,500,000  

Shares redeemed

    (2,500,000     (6,800,000     (1,900,000     (6,900,000     (750,000     (1,900,000

Shares outstanding, end of period

    14,800,000       16,250,000       55,650,000       56,100,000       14,700,000       15,050,000  

 

See Notes to Financial Statements.

 

120   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. MidCap Dividend Fund
    WisdomTree
U.S. MidCap Fund
    WisdomTree
U.S. Multifactor Fund
 
     For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 44,491,043     $ 90,229,129     $ 5,216,299     $ 11,048,091     $ 1,893,723     $ 3,947,424  

Net realized gain (loss) on investments and futures contracts

    22,987,496       130,848,348       5,140,443       9,427,278       1,611,711       (10,834,147

Net increase (decrease) in unrealized appreciation/depreciation on investments

    (30,731,299     (364,718,988     6,887,936       (80,659,749     4,318,326       (8,414,869

Net increase (decrease) in net assets resulting from operations

    36,747,240       (143,641,511     17,244,678       (60,184,380     7,823,760       (15,301,592

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (43,388,750     (92,020,134     (5,197,000     (10,959,568     (1,879,500     (3,948,786

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    27,474,533       1,051,013,414       16,414,600       68,005,567       32,053,749       101,414,445  

Cost of shares redeemed

    (85,901,489     (805,947,349     (27,274,983     (91,842,306     (40,190,446     (43,549,334

Net increase (decrease) in net assets resulting from capital share transactions

    (58,426,956     245,066,065       (10,860,383     (23,836,739     (8,136,697     57,865,111  

Net Increase (Decrease) in Net Assets

    (65,068,466     9,404,420       1,187,295       (94,980,687     (2,192,437     38,614,733  

NET ASSETS:

 

Beginning of period

  $ 3,220,003,159     $ 3,210,598,739     $ 716,691,811     $ 811,672,498     $ 262,563,856     $ 223,949,123  

End of period

  $ 3,154,934,693     $ 3,220,003,159     $ 717,879,106     $ 716,691,811     $ 260,371,419     $ 262,563,856  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    78,500,000       72,450,000       14,400,000       14,850,000       7,000,000       5,475,000  

Shares created

    650,000       25,100,000       300,000       1,400,000       825,000       2,675,000  

Shares redeemed

    (2,100,000     (19,050,000     (550,000     (1,850,000     (1,050,000     (1,150,000

Shares outstanding, end of period

    77,050,000       78,500,000       14,150,000       14,400,000       6,775,000       7,000,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      121  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. Quality Dividend Growth Fund
    WisdomTree
U.S. Quality Growth Fund
    WisdomTree
U.S. SmallCap Dividend Fund
 
     For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the Period
December 15, 2022*
through
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 88,672,916     $ 149,064,486     $ 58,869     $ 2,614     $ 29,511,615     $ 54,588,187  

Net realized gain (loss) on investments

    20,444,377       396,875,294       664,171       (2,363     6,966,685       3,151,249  

Net increase (decrease) in unrealized appreciation/depreciation on investments

    93,871,862       (444,753,271     2,343,032       286,724       (32,393,373     (202,544,682

Net increase (decrease) in net assets resulting from operations

    202,989,155       101,186,509       3,066,072       286,975       4,084,927       (144,805,246

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (85,780,500     (154,296,995                 (28,047,250     (54,457,954

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    1,499,163,338       3,232,420,927       53,585,436       2,552,390       9,014,646       217,678,287  

Cost of shares redeemed

    (78,068,153     (2,085,719,771     (5,511,842     (100     (89,624,130     (43,279,395

Net increase (decrease) in net assets resulting from capital share transactions

    1,421,095,185       1,146,701,156       48,073,594       2,552,290       (80,609,484     174,398,892  

Net Increase (Decrease) in Net Assets

    1,538,303,840       1,093,590,670       51,139,666       2,839,265       (104,571,807     (24,864,308

NET ASSETS:

 

Beginning of period

  $ 8,126,909,122     $ 7,033,318,452     $ 2,839,365     $ 100     $ 1,856,681,161     $ 1,881,545,469  

End of period

  $ 9,665,212,962     $ 8,126,909,122     $ 53,979,031     $ 2,839,365     $ 1,752,109,354     $ 1,856,681,161  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    130,350,000       110,650,000       100,000       4       65,000,000       59,050,000  

Shares created

    23,150,000       53,700,000       1,775,000       100,000       300,000       7,450,000  

Shares redeemed

    (1,200,000     (34,000,000     (175,000     (4     (3,150,000     (1,500,000

Shares outstanding, end of period

    152,300,000       130,350,000       1,700,000       100,000       62,150,000       65,000,000  

*   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.

 

122   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree
U.S. SmallCap Fund
   

WisdomTree
U.S. SmallCap Quality Dividend

Growth Fund

    WisdomTree
U.S. Total Dividend Fund
 
     For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

     

Net investment income

  $ 4,072,079     $ 8,733,864     $ 3,440,210     $ 6,132,472     $ 14,094,137     $ 28,310,458  

Net realized gain (loss) on investments

    (527,021     13,786,257       (1,313,865     (1,401,252     17,440,309       41,077,780  

Net decrease in unrealized appreciation/depreciation on investments

    (1,473,118     (78,845,215     (1,534,911     (15,294,977     (24,998,694     (103,960,735

Net increase (decrease) in net assets resulting from operations

    2,071,940       (56,325,094     591,434       (10,563,757     6,535,752       (34,572,497

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (4,104,000     (8,368,109     (3,400,300     (6,156,770     (13,343,750     (30,260,035

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    32,453,550       160,150,131       43,518,515       86,682,667       24,552,674       222,869,091  

Cost of shares redeemed

    (17,402,404     (217,424,064     (3,646,703     (69,170,357     (45,671,339     (160,877,872

Net increase (decrease) in net assets resulting from capital share transactions

    15,051,146       (57,273,933     39,871,812       17,512,310       (21,118,665     61,991,219  

Net Increase (Decrease) in Net Assets

    13,019,086       (121,967,136     37,062,946       791,783       (27,926,663     (2,841,313

NET ASSETS:

 

Beginning of period

  $ 570,765,225     $ 692,732,361     $ 225,624,568     $ 224,832,785     $ 1,077,787,771     $ 1,080,629,084  

End of period

  $ 583,784,311     $ 570,765,225     $ 262,687,514     $ 225,624,568     $ 1,049,861,108     $ 1,077,787,771  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    13,200,000       14,450,000       5,425,000       5,035,000       17,800,000       16,750,000  

Shares created

    700,000       3,650,000       1,030,000       2,080,000       400,000       3,650,000  

Shares redeemed

    (400,000     (4,900,000     (90,000     (1,690,000     (750,000     (2,600,000

Shares outstanding, end of period

    13,500,000       13,200,000       6,365,000       5,425,000       17,450,000       17,800,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      123  


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

      WisdomTree
U.S. Value Fund
 
      For the
Six Months Ended
September 30, 2023
(unaudited)
     For the
Year Ended
March 31, 2023
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 1,271,197      $ 2,367,699  

Net realized gain (loss) on investments

     1,798,259        (3,265,108

Net increase (decrease) in unrealized appreciation/depreciation on investments

     5,127,383        (2,246,805

Net increase (decrease) in net assets resulting from operations

     8,196,839        (3,144,214

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (1,306,000      (2,373,350

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     25,535,018        75,822,780  

Cost of shares redeemed

     (22,111,980      (36,805,721

Net increase in net assets resulting from capital share transactions

     3,423,038        39,017,059  

Net Increase in Net Assets

     10,313,877        33,499,495  

NET ASSETS:

 

Beginning of period

   $ 147,213,914      $ 113,714,419  

End of period

   $ 157,527,791      $ 147,213,914  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     2,510,000        1,850,000  

Shares created

     410,000        1,290,000  

Shares redeemed

     (370,000      (630,000

Shares outstanding, end of period

     2,550,000        2,510,000  

 

See Notes to Financial Statements.

 

124   WisdomTree Trust


Financial Highlights

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. AI
Enhanced Value Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
 

Net asset value, beginning of period

  $ 91.65     $ 99.02     $ 94.15     $ 64.64     $ 85.52     $ 84.43  

Investment operations:

 

Net investment income2

    1.28       2.01       2.70       2.67       3.11       3.06  

Net realized and unrealized gain (loss)

    (2.66     (7.31     4.95       29.49       (20.83     1.05  

Total from investment operations

    (1.38     (5.30     7.65       32.16       (17.72     4.11  

Dividends and distributions to shareholders:

 

Net investment income

    (1.28     (2.07     (2.78     (2.65     (3.16     (2.96

Capital gains

                                  (0.06

Total dividends and distributions to shareholders

    (1.28     (2.07     (2.78     (2.65     (3.16     (3.02

Net asset value, end of period

  $ 88.99     $ 91.65     $ 99.02     $ 94.15     $ 64.64     $ 85.52  

TOTAL RETURN3

    (1.52 )%      (5.25 )%      8.19     50.69     (21.49 )%      4.99

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 364,862     $ 396,367     $ 492,636     $ 555,491     $ 543,010     $ 791,069  

Ratios to average net assets4 of:

 

Expenses

    0.38 %5      0.38 %6      0.38 %6      0.38 %6      0.38 %6      0.38 %6 

Net investment income

    2.78 %5      2.17     2.76     3.40     3.61     3.57

Portfolio turnover rate7

    63     150 %8      96 %8,9      47     46     32

 

             
WisdomTree U.S. ESG Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 202010
    For the
Year Ended
March 31, 201910
 

Net asset value, beginning of period

  $ 43.13     $ 48.16     $ 43.64     $ 27.48     $ 32.29     $ 31.09  

Investment operations:

 

Net investment income2

    0.32       0.65       0.57       0.47       0.64       0.60  

Net realized and unrealized gain (loss)

    1.07       (5.06     4.55       16.16       (4.62     1.29  

Total from investment operations

    1.39       (4.41     5.12       16.63       (3.98     1.89  

Dividends to shareholders:

 

Net investment income

    (0.33     (0.62     (0.60     (0.47     (0.83     (0.69

Net asset value, end of period

  $ 44.19     $ 43.13     $ 48.16     $ 43.64     $ 27.48     $ 32.29  

TOTAL RETURN3

    3.21     (9.07 )%      11.73     60.80     (12.73 )%      6.34

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 65,187     $ 67,937     $ 77,058     $ 88,374     $ 72,824     $ 113,025  

Ratios to average net assets of:

 

Expenses

    0.28 %5      0.28     0.28     0.28     0.28     0.28

Net investment income

    1.44 %5      1.51     1.20     1.29     1.90     1.89

Portfolio turnover rate7

    30     46     69     78     56     22
1 

The information reflects the investment objective and strategy of the WisdomTree U.S. Dividend ex-Financials Fund through January 17, 2022 and the investment objective and strategy of the WisdomTree U.S. AI Enhanced Value Fund thereafter.

 

2 

Based on average shares outstanding.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree U.S. AI Enhanced Value Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

Annualized.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

The increase in the portfolio turnover rate was primarily a result of the change in investment objective and strategy on January 18, 2022.

 

9 

On January 7, 2022, Voya Investment Management Co., LLC replaced Mellon Investments Corporation as sub-advisor to the Fund.

 

10 

The information reflects the investment objective and strategy of the WisdomTree U.S. Total Market Fund through March 16, 2020 and the investment objective and strategy of the WisdomTree U.S. ESG Fund thereafter.

 

See Notes to Financial Statements.

 

WisdomTree Trust      125  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Growth & Momentum Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the Period
June 24, 2021*
through
March 31, 2022
 

Net asset value, beginning of period

  $ 20.71     $ 22.75     $ 25.66  

Investment operations:

 

Net investment income (loss)1

    0.02       0.01       (0.03

Net realized and unrealized gain (loss)

    0.08       (2.03     (2.88

Total from investment operations

    0.10       (2.02     (2.91

Dividends and distributions to shareholders:

     

Net investment income

          (0.02      

Tax return of capital

          0.00 2       

Total dividends and distributions to shareholders

          (0.02      

Net asset value, end of period

  $ 20.81     $ 20.71     $ 22.75  

TOTAL RETURN3

    0.48     (8.89 )%      (11.34 )% 

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 2,081     $ 2,486     $ 4,095  

Ratios to average net assets of:

 

Expenses

    0.55 %4      0.55     0.55 %4 

Net investment income (loss)

    0.15 %4      0.07     (0.15 )%4 

Portfolio turnover rate5,6

    272     520     254

 

             
WisdomTree U.S. High Dividend Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 82.28     $ 87.98     $ 76.26     $ 56.58     $ 72.49     $ 68.11  

Investment operations:

 

Net investment income1

    1.73       3.26       2.88       2.71       2.65       2.49  

Net realized and unrealized gain (loss)

    (4.32     (5.45     11.30       19.94       (15.81     4.28  

Total from investment operations

    (2.59     (2.19     14.18       22.65       (13.16     6.77  

Dividends to shareholders:

 

Net investment income

    (1.67     (3.51     (2.46     (2.97     (2.75     (2.39

Net asset value, end of period

  $ 78.02     $ 82.28     $ 87.98     $ 76.26     $ 56.58     $ 72.49  

TOTAL RETURN3

    (3.17 )%      (2.49 )%      18.96     40.97     (18.99 )%      10.15

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,154,741     $ 1,337,100     $ 1,024,960     $ 774,034     $ 678,935     $ 953,276  

Ratios to average net assets7 of:

 

Expenses8

    0.38 %4      0.38     0.38     0.38     0.38     0.38

Net investment income

    4.31 %4      3.84     3.56     4.13     3.63     3.55

Portfolio turnover rate5

    1     47     38     43     39     20
* 

Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market.

 

1 

Based on average shares outstanding.

 

2 

Amount represents less than $0.005.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree U.S. High Dividend Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

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 

The Fund’s momentum style investment strategy, which emphasizes investing in securities that have had higher recent price performance compared to other securities, may result in a high portfolio turnover rate. Higher portfolio turnover may result in the Fund paying higher levels of transaction costs and the distribution of additional capital gains, which generate greater tax liabilities for shareholders.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

8 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

See Notes to Financial Statements.

 

126   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. LargeCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
 

Net asset value, beginning of period

  $ 61.86     $ 65.66     $ 57.27     $ 40.47     $ 47.11     $ 44.25  

Investment operations:

 

Net investment income2

    0.80       1.59       1.42       1.36       1.36       1.27  

Net realized and unrealized gain (loss)

    (0.40     (3.74     8.33       16.79       (6.64     2.83  

Total from investment operations

    0.40       (2.15     9.75       18.15       (5.28     4.10  

Dividends to shareholders:

 

Net investment income

    (0.79     (1.65     (1.36     (1.35     (1.36     (1.24

Net asset value, end of period

  $ 61.47     $ 61.86     $ 65.66     $ 57.27     $ 40.47     $ 47.11  

TOTAL RETURN3

    0.62     (3.22 )%      17.16     45.40     (11.62 )%      9.44

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 3,420,619     $ 3,470,408     $ 3,427,240     $ 2,823,467     $ 1,849,693     $ 2,034,965  

Ratios to average net assets4 of:

 

Expenses5

    0.28 %6      0.28     0.28     0.28     0.28     0.28

Net investment income

    2.54 %6      2.58     2.28     2.73     2.76     2.79

Portfolio turnover rate7

    1     20     19     20     13     11

 

             
WisdomTree U.S. LargeCap Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 43.76     $ 48.23     $ 43.29     $ 28.10     $ 31.77     $ 30.30  

Investment operations:

 

Net investment income2

    0.42       0.84       0.78       0.73       0.73       0.60  

Net realized and unrealized gain (loss)

    1.97       (4.48     4.92       15.19       (3.72     1.46  

Total from investment operations

    2.39       (3.64     5.70       15.92       (2.99     2.06  

Dividends to shareholders:

 

Net investment income

    (0.44     (0.83     (0.76     (0.73     (0.68     (0.59

Net asset value, end of period

  $ 45.71     $ 43.76     $ 48.23     $ 43.29     $ 28.10     $ 31.77  

TOTAL RETURN3

    5.45     (7.42 )%      13.19     57.11     (9.65 )%      6.93

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 671,961     $ 658,635     $ 696,953     $ 510,794     $ 341,423     $ 239,851  

Ratios to average net assets4 of:

 

Expenses

    0.08 %6      0.08     0.08     0.08     0.08 %5      0.28 %5 

Net investment income

    1.85 %6      1.95     1.65     2.00     2.16     1.94

Portfolio turnover rate7

    1     22     22     21     22     14
1 

Per share amounts were adjusted to reflect a 2:1 share split effective December 23, 2021.

 

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 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

6 

Annualized.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

See Notes to Financial Statements.

 

WisdomTree Trust      127  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. MidCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 41.02     $ 44.31     $ 40.40     $ 24.19     $ 35.76     $ 34.11  

Investment operations:

 

Net investment income1

    0.57       1.19       0.99       0.80       1.01       0.82  

Net realized and unrealized gain (loss)

    (0.08     (3.27     3.89       16.24       (11.56     1.61  

Total from investment operations

    0.49       (2.08     4.88       17.04       (10.55     2.43  

Dividends to shareholders:

 

Net investment income

    (0.56     (1.21     (0.97     (0.83     (1.02     (0.78

Net asset value, end of period

  $ 40.95     $ 41.02     $ 44.31     $ 40.40     $ 24.19     $ 35.76  

TOTAL RETURN2

    1.20     (4.65 )%      12.17     71.52     (30.28 )%      7.21

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 3,154,935     $ 3,220,003     $ 3,210,599     $ 2,904,494     $ 2,485,261     $ 3,733,683  

Ratios to average net assets3 of:

 

Expenses4

    0.38 %5      0.38     0.38     0.38     0.38     0.38

Net investment income

    2.76 %5      2.85     2.31     2.55     2.84     2.34

Portfolio turnover rate6

    2     40     38     57     33     27

 

             
WisdomTree U.S. MidCap Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 49.77     $ 54.66     $ 50.86     $ 26.44     $ 39.30     $ 38.63  

Investment operations:

 

Net investment income1

    0.37       0.75       0.72       0.56       0.62       0.53  

Net realized and unrealized gain (loss)

    0.96       (4.90     3.81       24.45       (12.83     0.68  

Total from investment operations

    1.33       (4.15     4.53       25.01       (12.21     1.21  

Dividends to shareholders:

 

Net investment income

    (0.37     (0.74     (0.73     (0.59     (0.65     (0.54

Net asset value, end of period

  $ 50.73     $ 49.77     $ 54.66     $ 50.86     $ 26.44     $ 39.30  

TOTAL RETURN2

    2.67     (7.50 )%      8.93     95.30     (31.45 )%      3.22

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 717,879     $ 716,692     $ 811,672     $ 706,997     $ 560,609     $ 1,098,311  

Ratios to average net assets3 of:

 

Expenses4

    0.38 %5      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.44 %5      1.50     1.34     1.49     1.58     1.34

Portfolio turnover rate6

    2     40     50     50     41     36
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 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Annualized.

 

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.

 

See Notes to Financial Statements.

 

128   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. Multifactor Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 37.51     $ 40.90     $ 37.83     $ 24.58     $ 28.98     $ 27.91  

Investment operations:

 

Net investment income1

    0.28       0.65       0.63       0.39       0.59       0.47  

Net realized and unrealized gain (loss)

    0.92       (3.40     3.03       13.26       (4.43     0.97  

Total from investment operations

    1.20       (2.75     3.66       13.65       (3.84     1.44  

Dividends to shareholders:

 

Net investment income

    (0.28     (0.64     (0.59     (0.40     (0.56     (0.37

Net asset value, end of period

  $ 38.43     $ 37.51     $ 40.90     $ 37.83     $ 24.58     $ 28.98  

TOTAL RETURN2

    3.21     (6.68 )%      9.68     55.76     (13.43 )%      5.25

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 260,371     $ 262,564     $ 223,949     $ 148,490     $ 141,308     $ 114,481  

Ratios to average net assets of:

 

Expenses

    0.28 %3      0.28     0.28     0.28     0.28 %4,5      0.28 %4,5 

Net investment income

    1.46 %3      1.72     1.58     1.21     1.94 %4      1.65 %4 

Portfolio turnover rate6

    61     102     152     147     145     179

 

             
WisdomTree U.S. Quality Dividend
Growth Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 62.35     $ 63.56     $ 57.14     $ 38.85     $ 43.04     $ 40.32  

Investment operations:

 

Net investment income1

    0.63       1.28       1.22       1.07       1.09       0.97  

Net realized and unrealized gain (loss)

    1.09       (1.17     6.37       18.27       (4.21     2.71  

Total from investment operations

    1.72       0.11       7.59       19.34       (3.12     3.68  

Dividends and distributions to shareholders:

 

Net investment income

    (0.61     (1.32     (1.17     (1.05     (1.07     (0.93

Capital gains

                                  (0.03

Total dividends and distributions to shareholders

    (0.61     (1.32     (1.17     (1.05     (1.07     (0.96

Net asset value, end of period

  $ 63.46     $ 62.35     $ 63.56     $ 57.14     $ 38.85     $ 43.04  

TOTAL RETURN2

    2.74     0.29     13.36     50.24     (7.52 )%      9.25

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 9,665,213     $ 8,126,909     $ 7,033,318     $ 5,576,647     $ 2,723,483     $ 2,780,361  

Ratios to average net assets of:

 

Expenses

    0.28 %3      0.28     0.28     0.28     0.28     0.28

Net investment income

    1.95 %3      2.12     1.98     2.15     2.43     2.33

Portfolio turnover rate6

    0 %7      28     30     30     41     29
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 for the WisdomTree U.S. Multifactor Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

5 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

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 1%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      129  


Financial Highlights (continued)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Quality Growth Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the Period
December 15, 2022*
through
March 31, 2023
 

Net asset value, beginning of period

  $ 28.39     $ 25.11  

Investment operations:

 

 

Net investment income1

    0.05       0.03  

Net realized and unrealized gain

    3.31       3.25  

Total from investment operations

    3.36       3.28  

Net asset value, end of period

  $ 31.75     $ 28.39  

TOTAL RETURN2

    11.84     13.06

RATIOS/SUPPLEMENTAL DATA:

 

 

Net assets, end of period (000’s omitted)

  $ 53,979     $ 2,839  

Ratios to average net assets of:

 

 

Expenses

    0.28 %3      0.28 %3 

Net investment income

    0.31 %3      0.45 %3 

Portfolio turnover rate4

    22     1

 

             
WisdomTree U.S. SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 28.56     $ 31.86     $ 31.09     $ 18.11     $ 27.54     $ 27.43  

Investment operations:

 

Net investment income1

    0.47       0.88       0.85       0.66       0.79       0.82  

Net realized and unrealized gain (loss)

    (0.39     (3.31     0.76       12.99       (9.40     0.08  

Total from investment operations

    0.08       (2.43     1.61       13.65       (8.61     0.90  

Dividends to shareholders:

 

Net investment income

    (0.45     (0.87     (0.84     (0.67     (0.82     (0.79

Net asset value, end of period

  $ 28.19     $ 28.56     $ 31.86     $ 31.09     $ 18.11     $ 27.54  

TOTAL RETURN2

    0.27     (7.59 )%      5.18     76.76     (32.22 )%      3.25

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,752,109     $ 1,856,681     $ 1,881,545     $ 1,829,823     $ 1,316,919     $ 2,087,705  

Ratios to average net assets5 of:

 

Expenses6

    0.38 %3      0.38     0.38     0.38     0.38     0.38

Net investment income

    3.26 %3      2.98     2.66     2.78     2.94     2.91

Portfolio turnover rate4

    2     38     39     53     50     26
* 

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. For the periods in which the investment advisor waived advisory fees for the WisdomTree U.S. SmallCap Dividend Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

See Notes to Financial Statements.

 

130   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. SmallCap Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 43.24     $ 47.94     $ 47.23     $ 22.38     $ 36.08     $ 35.70  

Investment operations:

 

Net investment income1

    0.31       0.62       0.73       0.44       0.51       0.58  

Net realized and unrealized gain (loss)

    0.00 7      (4.73     0.78       24.85       (13.66     0.38  

Total from investment operations

    0.31       (4.11     1.51       25.29       (13.15     0.96  

Dividends to shareholders:

 

Net investment income

    (0.31     (0.59     (0.80     (0.44     (0.55     (0.58

Net asset value, end of period

  $ 43.24     $ 43.24     $ 47.94     $ 47.23     $ 22.38     $ 36.08  

TOTAL RETURN2

    0.72     (8.51 )%      3.11     113.74     (36.87 )%      2.72

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 583,784     $ 570,765     $ 692,732     $ 609,327     $ 419,676     $ 736,098  

Ratios to average net assets3 of:

 

Expenses4

    0.38 %5      0.38     0.38     0.38     0.38     0.38

Net investment income

    1.41 %5      1.40     1.47     1.33     1.45     1.56

Portfolio turnover rate6

    3     51     54     56     55     45

 

             
WisdomTree U.S. SmallCap Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Year Ended
March 31, 2019
 

Net asset value, beginning of period

  $ 41.59     $ 44.65     $ 45.96     $ 25.02     $ 34.70     $ 34.26  

Investment operations:

 

Net investment income1

    0.61       1.17       1.14       0.94       0.80       0.88  

Net realized and unrealized gain (loss)

    (0.34     (3.06     (1.32     20.92       (9.68     0.41  

Total from investment operations

    0.27       (1.89     (0.18     21.86       (8.88     1.29  

Dividends to shareholders:

 

Net investment income

    (0.59     (1.17     (1.13     (0.92     (0.80     (0.85

Net asset value, end of period

  $ 41.27     $ 41.59     $ 44.65     $ 45.96     $ 25.02     $ 34.70  

TOTAL RETURN2

    0.66     (4.14 )%      (0.45 )%      88.65     (26.22 )%      3.81

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 262,688     $ 225,625     $ 224,833     $ 187,733     $ 73,802     $ 119,699  

Ratios to average net assets of:

 

Expenses

    0.38 %5      0.38     0.38     0.38     0.38     0.38

Net investment income

    2.90 %5      2.81     2.49     2.67     2.29     2.47

Portfolio turnover rate6

    1     51     60     83     51     42
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 for the WisdomTree U.S. SmallCap Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

4 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

5 

Annualized.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7 

The amount of net realized and unrealized gain per share does not correspond with the amount reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal period.

 

See Notes to Financial Statements.

 

WisdomTree Trust      131  


Financial Highlights (concluded)

WisdomTree Trust

Selected data for a share of beneficial interest outstanding throughout the period is presented below:

 

 

WisdomTree U.S. Total
Dividend Fund
  For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 20221
    For the
Year Ended
March 31, 20211
    For the
Year Ended
March 31, 20201
    For the
Year Ended
March 31, 20191
 

Net asset value, beginning of period

  $ 60.55     $ 64.52     $ 56.49     $ 39.19     $ 47.31     $ 44.56  

Investment operations:

 

Net investment income2

    0.80       1.60       1.43       1.33       1.38       1.28  

Net realized and unrealized gain (loss)

    (0.43     (3.86     7.94       17.30       (8.13     2.71  

Total from investment operations

    0.37       (2.26     9.37       18.63       (6.75     3.99  

Dividends to shareholders:

 

Net investment income

    (0.76     (1.71     (1.34     (1.33     (1.37     (1.24

Net asset value, end of period

  $ 60.16     $ 60.55     $ 64.52     $ 56.49     $ 39.19     $ 47.31  

TOTAL RETURN3

    0.60     (3.44 )%      16.73     48.15     (14.75 )%      9.10

RATIOS/SUPPLEMENTAL DATA:

 

Net assets, end of period (000’s omitted)

  $ 1,049,861     $ 1,077,788     $ 1,080,629     $ 875,531     $ 634,956     $ 648,103  

Ratios to average net assets of:

 

Expenses

    0.28 %4      0.28     0.28     0.28     0.28 %5,6      0.28 %5,6 

Net investment income

    2.60 %4      2.64     2.33     2.73     2.82 %5      2.78 %5 

Portfolio turnover rate7

    0 %8      19     22     22     16     11

 

             
WisdomTree U.S. Value Fund   For the
Six Months Ended
September 30, 2023
(unaudited)
    For the
Year Ended
March 31, 2023
    For the
Year Ended
March 31, 20229
    For the
Year Ended
March 31, 20219
    For the
Year Ended
March 31, 20209
    For the
Year Ended
March 31, 20199
 

Net asset value, beginning of period

  $ 58.65     $ 61.47     $ 56.19     $ 32.52     $ 42.35     $ 40.43  

Investment operations:

 

 

Net investment income2

    0.53       1.17       1.08       0.76       0.76       0.72  

Net realized and unrealized gain (loss)

    3.15       (2.83     5.19       23.79       (9.88     1.94  

Total from investment operations

    3.68       (1.66     6.27       24.55       (9.12     2.66  

Dividends to shareholders:

 

 

Net investment income

    (0.55     (1.16     (0.99     (0.88     (0.71     (0.74

Net asset value, end of period

  $ 61.78     $ 58.65     $ 61.47     $ 56.19     $ 32.52     $ 42.35  

TOTAL RETURN3

    6.28     (2.54 )%      11.16     76.07     (21.86 )%      6.70

RATIOS/SUPPLEMENTAL DATA:

 

 

Net assets, end of period (000’s omitted)

  $ 157,528     $ 147,214     $ 113,714     $ 58,441     $ 61,795     $ 38,113  

Ratios to average net assets of:

 

 

Expenses

    0.12 %4      0.12 %5,6      0.30 %10      0.38     0.38     0.38

Net investment income

    1.75 %4      2.02 %5      1.77     1.76     1.75     1.73

Portfolio turnover rate7

    6     66     62     59     101     54
1 

Per share amounts were adjusted to reflect a 2:1 share split effective December 23, 2021.

 

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 

Annualized.

 

5 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

6 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

7 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

8 

Amount represents less than 1%.

 

9 

Per share amounts were adjusted to reflect a 2:1 share split effective June 10, 2021.

 

10 

Prior to January 3, 2022, the Fund’s annual advisory fee rate was 0.38% and, thereafter, was reduced to 0.12% per annum.

 

See Notes to Financial Statements.

 

132   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 U.S. AI Enhanced Value Fund (“U.S. AI Enhanced Value Fund”)

     June 16, 2006  

WisdomTree U.S. ESG Fund (“U.S. ESG Fund”)

     February 23, 2007  

WisdomTree U.S. Growth & Momentum Fund (“U.S. Growth & Momentum Fund”)

     June 24, 2021  

WisdomTree U.S. High Dividend Fund (“U.S. High Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. LargeCap Dividend Fund (“U.S. LargeCap Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. LargeCap Fund (“U.S. LargeCap Fund”)

     February 23, 2007  

WisdomTree U.S. MidCap Dividend Fund (“U.S. MidCap Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. MidCap Fund (“U.S. MidCap Fund”)

     February 23, 2007  

WisdomTree U.S. Multifactor Fund (“U.S. Multifactor Fund”)

     June 29, 2017  

WisdomTree U.S. Quality Dividend Growth Fund (“U.S. Quality Dividend Growth Fund”)

     May 22, 2013  

WisdomTree U.S. Quality Growth Fund (“U.S. Quality Growth Fund”)

     December 15, 2022  

WisdomTree U.S. SmallCap Dividend Fund (“U.S. SmallCap Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. SmallCap Fund (“U.S. SmallCap Fund”)

     February 23, 2007  

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (“U.S. SmallCap Quality Dividend Growth Fund”)

     July 25, 2013  

WisdomTree U.S. Total Dividend Fund (“U.S. Total Dividend Fund”)

     June 16, 2006  

WisdomTree U.S. Value Fund (“U.S. Value Fund”)

     February 23, 2007  

Each Fund, except the U.S. AI Enhanced Value Fund, U.S. ESG Fund and U.S. Value Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree, Inc. (“WisdomTree”) or an Index developed by a third party. The U.S. AI Enhanced Value Fund and the U.S. Value Fund are actively managed using a model-based approach seeking income and capital appreciation. The U.S. ESG Fund is actively managed using a model-based approach seeking capital appreciation. WisdomTree is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered trademark of WisdomTree and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act.

In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.

2. SIGNIFICANT ACCOUNTING POLICIES

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.

The following is a summary of significant accounting policies followed by the Funds:

Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.

Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market

 

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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. 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.

Pursuant to Board-approved valuation procedures established by the Trust and WTAM, the Board has appointed WTAM as the Funds’ valuation designee (the “Valuation Designee”) to perform all fair valuations of the Funds’ portfolio investments, subject to the Board’s oversight. As the Valuation Designee, WTAM has established procedures for its fair valuation of a Fund’s portfolio investments. These procedures address, among other things, determining when market quotations are not readily available or reliable and the methodologies to be used for determining the fair value of investments, as well as the use and oversight of third-party pricing services for fair valuation. The Valuation Designee is comprised of senior representatives of WTAM and reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Valuation Designee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events”. An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Valuation Designee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including each Fund’s assumptions in determining the fair value of investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or 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).

 

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Notes to Financial Statements (unaudited) (continued)

 

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.

Determination of a fair value by the Valuation Designee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Valuation Designee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Valuation Designee 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 ended September 30, 2023, 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 of gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. All of the derivative instruments disclosed and described herein are subject to risk.

For the six months ended September 30, 2023, 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
 

U.S. Multifactor Fund

 

Equity risk

   $ (16,483
  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

 

Equity risk

   Net realized gain (loss) from futures contracts

During the six months ended September 30, 2023, 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    Futures
contracts
(long)
 

U.S. Multifactor Fund

 

Equity risk1

   $ 442,480  
  1 

The volume of derivative activity for the period is based on intra-month balances.

Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date. Non-cash dividend income is recognized on the ex-dividend date at the fair value of securities to be received. Upon notification from real estate investment trust (“REIT”) issuers or as estimated by management, all or a portion of the dividend income received from a REIT may be redesignated as a reduction of cost of the related investment and/or as a realized gain. 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. 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.

 

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Notes to Financial Statements (unaudited) (continued)

 

Foreign Taxes — The Funds may be subject to foreign taxes (a portion of which may be reclaimable or refundable) on foreign income. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and tax rates that exist in the foreign jurisdictions in which the Funds invest. These foreign taxes, if any, are accrued and applied to foreign income as the foreign income is earned and are reflected on the Statements of Operations as follows: foreign taxes withheld on dividends are presented as a reduction to investment income in “Less: Foreign withholdings taxes on dividends”, foreign taxes on capital gains from investment transactions, if any, are included in “Net realized gain (loss) from investment transactions”, and deferred foreign taxes on net unrealized appreciation on investments, if any, are included in “Net increase (decrease) in unrealized appreciation/depreciation on investment transactions”. Foreign taxes payable or deferred as of September 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Payables: Foreign capital gains tax”.

Expenses — Under the investment advisory agreement for each Fund, except for Funds that commenced operations on or after March 26, 2013, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other expenses (such as stamp taxes) connected with the execution of portfolio transactions or in connection with creation and 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; (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; and (viii) the advisory fee payable to WTAM.

Under the investment advisory agreement for Funds that commenced operations on or after March 26, 2013, 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 each Independent Trustee; (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s 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.

Futures Contracts — The Multifactor Fund utilized equity futures contracts on a temporary basis during the fiscal period to obtain market exposure consistent with its investment objective. When a Fund purchases a listed futures contract, it agrees to purchase a specified reference asset (e.g., commodity, currency, equity, digital asset or U.S. Treasury security, collectively herein, “Reference Asset”) at a specified future date. When a Fund sells a listed futures contract, it agrees to sell a specified Reference Asset at a future date. The price at which the purchase and sale will take place is fixed when the Fund enters into the contract. A Fund may also cash settle upon the expiration date of a futures contract in which no physical delivery (or receipt) of the specified Reference Asset comprising the futures contract is made. Instead, settlement in cash would occur upon the expiration of the contract, with the cash settlement being the difference between the contract price and the actual price of the specified Reference Asset at the expiration date. The exchange clearing corporation is the ultimate counterparty for all exchange-listed contracts, so credit risk is limited to the creditworthiness of the exchange clearing corporation.

Upon entering into a futures contract, a Fund is required to deliver to a broker an amount of cash and/or U.S. government securities equal to a certain percentage of the contract amount. This amount is known as the “initial margin”. Cash deposited as initial margin, if any, is shown as “Deposits at broker for futures contracts” in the Statement of Assets and Liabilities, and U.S. government securities deposited, if any, are designated in the Schedule of Investments. Subsequent payments, known as “variation margin”, generally are made or received by the Fund each day or at other agreed-upon time periods depending on the fluctuations in the value of the underlying futures contracts, except that in the case of certain futures contracts, variation margin payments may be made or received when the futures contract expires. Variation margin is recorded for financial statement purposes on a daily basis as an unrealized gain or loss on futures until the financial futures contract is closed, at which time the unrealized net gain or loss is reclassified to realized gain or loss on futures. The Funds have adopted a derivatives risk management program pursuant to

 

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Notes to Financial Statements (unaudited) (continued)

 

Rule 18f-4 under the 1940 Act to assess and manage the Funds’ derivatives risk. Rule 18f-4 limits the amount of derivatives a fund can enter into and replaces the asset segregation framework previously used by the Funds to comply with Section 18 of the 1940 Act.

As of September 30, 2023, there were no open futures contracts in the Funds.

Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to the Lending Agreement or similar arrangements in the Statements of Assets and Liabilities. Therefore, all qualifying transactions, if any at September 30, 2023, are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2023, certain of the Funds had securities on loan and the value of the related collateral received by each of those Funds exceeded the value of the securities loaned by each of those Funds. The value of the securities loaned by each Fund is located in the Statements of Assets and Liabilities in “Investments in securities, at value” and also in the footnotes below the Schedules of Investments. In addition, a breakout of the total amount of cash and non-cash securities lending collateral received is located in the footnotes below the Schedules of Investments.

 

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Notes to Financial Statements (unaudited) (continued)

 

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.

Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations (i.e., tax basis) which may differ to amounts determined under GAAP (i.e., book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital.

3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES

WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (“Mellon”) to provide sub-advisory services to the Funds, except for U.S. AI Enhanced Value Fund. Prior to January 7, 2022, sub-advisory services for the U.S. AI Enhanced Value Fund were provided by Mellon and thereafter Voya Investment Management Co., LLC (“Voya”). Mellon and Voya 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.

 

138   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:

 

   
Fund   

Advisory

Fee Rate

 

U.S. AI Enhanced Value Fund

     0.38

U.S. ESG Fund

     0.28

U.S. Growth & Momentum Fund

     0.55

U.S. High Dividend Fund

     0.38

U.S. LargeCap Dividend Fund

     0.28

U.S. LargeCap Fund

     0.08

U.S. MidCap Dividend Fund

     0.38

U.S. MidCap Fund

     0.38

U.S. Multifactor Fund

     0.28

U.S. Quality Dividend Growth Fund

     0.28

U.S. Quality Growth Fund

     0.28

U.S. SmallCap Dividend Fund

     0.38

U.S. SmallCap Fund

     0.38

U.S. SmallCap Quality Dividend Growth Fund

     0.38

U.S. Total Dividend Fund

     0.28

U.S. Value Fund

     0.12

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 September 30, 2023, 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 its advisory fees that it would otherwise charge, for each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (e.g., fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. 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”.

WTAM and/or WisdomTree (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the six months ended September 30, 2023, 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 September 30, 2023            For the fiscal period ended
September 30, 2023
 
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

 

U.S. ESG Fund

     249      $ 10,999              $ 83  

U.S. High Dividend Fund

     131        10,226                185  

U.S. LargeCap Fund

     1,533        70,135                649  

U.S. MidCap Dividend Fund

     383        15,688                217  

U.S. Multifactor Fund

     1,113        42,806                311  

U.S. Quality Dividend Growth Fund

     913        57,966                549  

U.S. SmallCap Dividend Fund

                           4  

U.S. SmallCap Fund

     259        11,207                83  

U.S. SmallCap Quality Dividend Growth Fund

     328        13,510                194  

U.S. Total Dividend Fund

     281        16,908                280  

U.S. Value Fund

     73        4,509                40  

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2023, 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 to an authorized participant (“AP”). Except when aggregated in creation units (“Creation Unit Aggregations”), shares of each Fund are not redeemable. Transactions in shares

 

WisdomTree Trust      139  


Notes to Financial Statements (unaudited) (continued)

 

for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities (“Deposit Securities”) and/or an amount of cash (“Cash Component”). Creation Unit Aggregations may be created in advance of receipt by a Fund of all or a portion of the applicable Deposit Securities from APs. In these circumstances, the initial deposit received from the AP will have a value greater than the NAV of the applicable Fund’s shares on the date the order is placed in proper form since, in addition to available Deposit Securities, U.S. cash must be deposited by the AP in an amount equal to the sum of (i) the Cash Component, plus (ii) generally between 102%-110%, as directed by the Trust or WTAM, which the Trust or WTAM may change from time to time, of the market value of the undelivered Deposit Securities (the “Additional Cash Deposit”) with the Fund pending delivery of any missing Deposit Securities. The Fund will return any unused portion of the Additional Cash Deposit once all of the missing Deposit Securities have been properly received from the AP or purchased by the Fund. Amounts due to be returned to an AP as of September 30, 2023, if any, is shown in the Statements of Assets and Liabilities in “Payables: Deposit due to authorized participant”. APs 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 ended September 30, 2023 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  

U.S. AI Enhanced Value Fund

   $ 243,016,028      $ 243,404,409      $      $ 20,725,207  

U.S. ESG Fund

     20,927,565        20,956,108        1,074,482        5,632,657  

U.S. Growth & Momentum Fund

     6,620,588        6,621,246               432,809  

U.S. High Dividend Fund

     18,551,757        16,752,792        85,298,373        199,541,202  

U.S. LargeCap Dividend Fund

     28,596,013        30,205,663        84,828,063        112,733,510  

U.S. LargeCap Fund

     3,831,777        3,822,253        18,397,175        35,046,346  

U.S. MidCap Dividend Fund

     66,351,178        66,019,046        27,412,251        85,741,833  

U.S. MidCap Fund

     13,176,790        14,997,161        16,396,345        27,223,898  

U.S. Multifactor Fund

     158,385,091        158,065,648        31,964,222        40,124,178  

U.S. Quality Dividend Growth Fund

     49,752,241        41,296,981        1,485,034,602        71,560,686  

U.S. Quality Growth Fund

     8,315,418        8,267,826        53,523,548        5,457,530  

U.S. SmallCap Dividend Fund

     39,933,932        35,700,432        8,998,373        89,432,193  

U.S. SmallCap Fund

     15,009,924        14,534,536        32,369,038        17,368,390  

U.S. SmallCap Quality Dividend Growth Fund

     3,385,759        3,160,891        43,414,706        3,640,838  

U.S. Total Dividend Fund

     3,351,403        2,744,727        24,536,567        45,653,698  

U.S. Value Fund

     8,759,801        8,761,580        25,537,229        22,132,351  

 

140   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

6. FEDERAL INCOME TAXES

At September 30, 2023, the cost of investments (including securities on loan) for Federal income tax purposes was as follows:

 

         
Fund    Tax Cost      Gross Unrealized
Appreciation
     Gross Unrealized
Depreciation
    

Net Unrealized
Appreciation/

(Depreciation)

 

U.S. AI Enhanced Value Fund

   $ 401,491,162      $ 5,953,049      $ (42,159,551    $ (36,206,502

U.S. ESG Fund

     53,065,409        14,121,580        (2,093,322      12,028,258  

U.S. Growth & Momentum Fund

     2,158,778        38,513        (117,474      (78,961

U.S. High Dividend Fund

     1,243,994,410        62,799,464        (155,021,797      (92,222,333

U.S. LargeCap Dividend Fund

     2,828,527,063        751,074,976        (162,591,218      588,483,758  

U.S. LargeCap Fund

     607,167,870        108,659,706        (44,590,428      64,069,278  

U.S. MidCap Dividend Fund

     3,093,128,444        391,184,401        (319,411,792      71,772,609  

U.S. MidCap Fund

     697,161,183        109,995,119        (90,020,825      19,974,294  

U.S. Multifactor Fund

     248,951,377        20,317,087        (9,147,831      11,169,256  

U.S. Quality Dividend Growth Fund

     8,876,940,532        1,215,909,663        (435,641,498      780,268,165  

U.S. Quality Growth Fund

     51,329,555        3,461,313        (833,099      2,628,214  

U.S. SmallCap Dividend Fund

     1,809,333,981        194,906,627        (245,260,380      (50,353,753

U.S. SmallCap Fund

     627,964,373        69,617,310        (102,229,598      (32,612,288

U.S. SmallCap Quality Dividend Growth Fund

     274,607,245        20,774,527        (31,328,189      (10,553,662

U.S. Total Dividend Fund

     888,393,771        217,511,314        (57,723,309      159,788,005  

U.S. Value Fund

     148,760,061        16,515,953        (7,949,682      8,566,271  

7. SUBSEQUENT EVENT

At the recommendation of WTAM, the investment adviser of WisdomTree U.S. Growth & Momentum Fund (the “Affected Fund”), after continued review of the product lineup and anticipated limited future prospect of investor demand for the Affected Fund, among other considerations, the Board of Trustees determined to close and liquidate the Affected Fund. After the close of business on October 20, 2023, the Affected Fund no longer accepted creation orders. The last day of secondary market trading of the Affected Fund’s shares was also October 20, 2023. Shareholders were able to sell Affected Fund shares through a broker in the standard manner through this date. Customary brokerage charges may have applied to such transactions. When the Affected Fund commenced liquidation of its portfolio, which occurred on or around October 23, 2023, but may have occurred before October 23, 2023, the liquidation process resulted in the Affected Fund increasing its cash holdings and deviating from the investment objective and strategy stated in its prospectus. It is anticipated that shareholders remaining in the Affected Fund after the last day of trading will have their shares redeemed automatically on or around October 30, 2023, and will receive cash through their broker or other applicable financial intermediary thereafter in an amount equal to the net asset value of their shares as calculated on or about October 27, 2023. This amount is expected to include any accrued capital gains and dividends. Shareholders remaining in the Affected Fund and that receive cash will not be charged any transaction fees by the Affected Fund. Whether shareholders sell their shares or are automatically redeemed as described above, shareholders will generally recognize a capital gain (or loss) equal to the amount received for their shares (or below) the adjusted cost basis in such shares.

8. ADDITIONAL INFORMATION

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, as well as other popular Russian exports, such as diamonds, seafood and vodka. The European Union, the United Kingdom and other countries have also placed restrictions on certain oil, energy and luxury goods imports from Russia.

 

WisdomTree Trust      141  


Notes to Financial Statements (unaudited) (concluded)

 

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts, changes in consumer or purchaser preferences, or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities as well as securities of issuers in other countries that are subject to or otherwise adversely affected by economic sanctions related to Russia’s invasion of Ukraine, including Russian counter measures. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.

*    *    *    *    *    *

Financial markets around the world may experience extreme volatility, depressed valuations, decreased liquidity and heightened uncertainty and turmoil resulting from major cybersecurity events, geopolitical events (including wars, such as Russia’s invasion of Ukraine, terror attacks, and disruptions to foreign economic and trade relationships), public health emergencies, such as the COVID-19 pandemic, measures to address budget deficits, downgrading of sovereign debt, and public sentiment, among other events. Resulting market volatility, dramatic changes to interest rates, and otherwise unfavorable economic conditions may negatively impact Fund performance or impair a Fund’s ability to achieve its investment objective.

In March 2023, the financial distress of certain financial institutions raised economic concerns over disruption in the U.S. banking system and regarding the solvency of certain financial services firms. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system.

*    *    *    *    *    *

Raising the ceiling on U.S. government debt has become increasingly politicized. Any failure to increase the total amount that the U.S. government is authorized to borrow could lead to a default on U.S. government obligations, with unpredictable consequences for economies and markets in the U.S. and elsewhere. On August 1, 2023, Fitch Ratings, Inc. downgraded its U.S. debt rating from the highest AAA rating to AA+, citing “a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions.” The impacts, if any, of the downgrade on financial markets are unknown at this time. The downgrade has potential market impacts, including but not limited to, steep stock market declines and rising bond yields.

 

142   WisdomTree Trust


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

 

Consideration of the Approval and Renewal of Investment Advisory and Sub-Advisory Agreements

At a meeting of the Board of Trustees (the “Board” or the “Trustees”) of the WisdomTree Trust (the “Trust”) held on September 18-19, 2023 (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”), and (ii) each respective sub-advisory agreement between WTAM and Mellon Investments Corporation (“Mellon”) and Voya Investment Management Co. LLC (“Voya,” and, together with Mellon, the “Sub-Advisers”), pursuant to which the Sub-Advisers coordinate the investment and reinvestment of the assets of the applicable Funds (“Sub-Advisory Agreements” and, together with the Advisory Agreements, the “Agreements”).

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 18, 2023, representatives from WTAM presented detailed information to the Trustees relating to the continuance of the Agreements, and the Trustees, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the Meeting.

The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Advisers. In considering the approval and renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Each Fund was considered separately.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds. The Board considered information provided to them at the Meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Advisers’ operational capabilities and resources. The Board also discussed the role of WisdomTree, Inc. (“WT”), the parent of WTAM, as index provider to certain Funds, which comprise the substantial majority of assets in the WisdomTree fund complex. The Board noted that the strategies represented by those Funds tracking affiliated WT indexes are unique, based on WT’s intellectual property and are only available for use by applicable Funds through WTAM. The Board noted WTAM’s belief that shareholders have invested in such Funds on the strength of WT’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds based on the WT indexes. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including: the selection of, and supervisory responsibilities and activities over, the Sub-Advisers, including oversight of the Sub-Advisers’ adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Advisers’ buying and selling of securities and derivatives transactions, review of the Sub-Advisers’ 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, compliance 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, 2023, and (3) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Broadridge as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Broadridge used to select the Performance Groups, Expense Groups and Expense Universes. The 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

 

WisdomTree Trust      143  


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

 

for the actively-managed Funds included only actively-managed ETFs and mutual funds 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.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes generally included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of all or a portion of their management fees and reimbursement of certain operating expenses. The Board noted that the total expenses of many of the Funds were within five basis points of the median or average total expenses of the funds in the Funds’ respective Expense Groups. In those specific instances where a Fund’s total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to the limitations within peer data and/or the unique attributes of a Fund.

The Board considered the fees to the Sub-Advisers in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Advisers and WTAM. The Board also noted that the Sub-Advisers’ fees are paid by WTAM (out of its fee paid by the relevant Funds) and not the Funds. The Board considered the meaningful differences in the services that WTAM provides to the Funds as compared to the Sub-Advisers, including that the role of a Sub-Adviser in making investment recommendations with respect to a Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the role of a Sub-Adviser in making investment recommendations with respect to a Fund that is model-based, with oversight by WTAM in seeking to ensure consistency with such quantitative models. The Board also considered the entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to a Sub-Adviser), regardless of whether the asset size of a Fund has grown to a sufficient size.

Based on this review and the other factors considered at the Meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the relevant Sub-Adviser and the Fund’s total expenses supported the Board’s approval and renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale. WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Advisers, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized material economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole and the relative size and asset size changes among the Funds. The Board noted that, in the past, certain Funds had grown rapidly over a relatively short period of time after longer periods of slow or no growth, during which there were years of losses for WTAM in managing such Funds that had only recently turned profitable and years of substantial cumulative losses to WTAM in managing the fund complex as a whole. WTAM representatives stated that there has been significant volatility in the assets of individual Funds and in the fund complex as a whole over time (including volatility in profitability) and that it was not clear that current asset levels will be maintained. WTAM representatives noted that assets in certain Funds have diminished at times at a rapid rate (including during the last year) and could continue to do so. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the unitary fee structure of the Trust, as well as through additional investment in the WisdomTree business. The Board noted that the 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

 

144   WisdomTree Trust


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

 

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.

 

WisdomTree Trust      145  


General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: [email protected].

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com/investments.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com/investments.

 

146   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, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, Inc., its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing, including possible loss of principal. Funds focusing their investments on certain sectors and/or smaller companies increase their vulnerability to any single economic or regulatory development. This may result in greater share price volatility. Dividends are not guaranteed, and a company currently paying dividends may cease paying dividends at any time. An ESG Fund’s ESG investment strategy limits the types and number of investment opportunities available to the Fund and, as a result, the Fund may underperform other funds that do not have an ESG focus. Companies selected for inclusion in an ESG Fund may not exhibit positive or favorable ESG characteristics at all times and may shift into and out of favor depending on market and economic conditions. 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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