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WisdomTree Trust

Semi-Annual Report

September 30, 2022

 

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

WisdomTree Europe SmallCap Dividend Fund (DFE)

WisdomTree International AI Enhanced Value Fund (AIVI)

WisdomTree International Equity Fund (DWM)

WisdomTree International High Dividend Fund (DTH)

WisdomTree International LargeCap Dividend Fund (DOL)

WisdomTree International MidCap Dividend Fund (DIM)

WisdomTree International Multifactor Fund (DWMF)

WisdomTree International Quality Dividend Growth Fund (IQDG)

WisdomTree International SmallCap Dividend Fund (DLS)

WisdomTree Japan SmallCap Dividend Fund (DFJ)


Table of Contents

 

Information about Performance and Shareholder Expense Examples (unaudited)

       1  

Performance Summary (unaudited)

       2  

Description of Terms and Indexes (unaudited)

       13  
Schedules of Investments (unaudited)     

WisdomTree Europe Quality Dividend Growth Fund

       16  

WisdomTree Europe SmallCap Dividend Fund

       19  

WisdomTree International AI Enhanced Value Fund

       23  

WisdomTree International Equity Fund

       25  

WisdomTree International High Dividend Fund

       34  

WisdomTree International Large Cap Dividend Fund

       40  

WisdomTree International Midcap Dividend Fund

       44  

WisdomTree International Multifactor Fund

       50  

WisdomTree International Quality Dividend Growth Fund

       54  

WisdomTree International SmallCap Dividend Fund

       58  

WisdomTree Japan SmallCap Dividend Fund

       68  

Statements of Assets and Liabilities (unaudited)

       77  

Statements of Operations (unaudited)

       80  

Statements of Changes in Net Assets (unaudited)

       83  

Financial Highlights (unaudited)

       87  

Notes to Financial Statements (unaudited)

       93  

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

       106  

General Information (unaudited)

       109  

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


Information about Performance and Shareholder Expense Examples (unaudited)

Performance

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

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

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

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

Shareholder Expense Examples

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

The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2022 to September 30, 2022. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 183/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.

Actual expenses

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

Hypothetical example for comparison purposes

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

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

 

WisdomTree Trust      1  


Performance Summary

 

as

of September 30, 2022 (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Staples

    21.9%  

Industrials

    19.2%  

Health Care

    19.0%  

Materials

    14.8%  

Consumer Discretionary

    12.8%  

Information Technology

    3.6%  

Financials

    3.1%  

Communication Services

    2.2%  

Energy

    2.1%  

Utilities

    0.7%  

Real Estate

    0.1%  

Other Assets less Liabilities‡

    0.5%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

Nestle SA, Registered Shares

    7.8%  

Roche Holding AG

    6.2%  

Rio Tinto Ltd.

    5.3%  

LVMH Moet Hennessy Louis Vuitton SE

    5.2%  

Unilever PLC

    4.7%  

Novo Nordisk A/S, Class B

    4.0%  

GSK PLC

    3.7%  

L’Oreal SA

    3.0%  

Anglo American PLC

    3.0%  

Industria de Diseno Textil SA

    2.4%  
*

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

The WisdomTree Europe Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in the European 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, 2022)

 

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

Actual

   $ 1,000.00      $ 760.10        0.58   $ 2.56  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

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

Fund NAV Returns

     -23.99     -24.90     0.47     0.27     1.60

Fund Market Price Returns

     -24.70     -25.92     0.01     -0.08     1.37

WisdomTree Europe Quality Dividend Growth Index

     -24.01     -24.68     0.85     0.77     2.07

MSCI Europe Index

     -23.17     -24.80     -1.72     -1.24     0.00
*

Returns of less than one year are cumulative.

 

1 

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

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

 

2   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.9%  

Financials

    19.0%  

Consumer Discretionary

    11.1%  

Materials

    8.5%  

Real Estate

    7.0%  

Information Technology

    6.9%  

Energy

    5.0%  

Communication Services

    4.9%  

Consumer Staples

    4.5%  

Utilities

    4.4%  

Health Care

    3.2%  

Other Assets less Liabilities‡

    1.6%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

Diversified Energy Co. PLC

    2.3%  

BFF Bank SpA

    2.3%  

PostNL NV

    2.2%  

Drax Group PLC

    1.8%  

D/S Norden A/S

    1.7%  

TGS ASA

    1.4%  

Alm Brand A/S

    1.4%  

Sonae SGPS SA

    1.2%  

Bilfinger SE

    1.2%  

Ferrexpo PLC

    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 Europe SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the European 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, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense
Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 706.80        0.70   $ 3.00  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,021.56        0.70   $ 3.55  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.58% and the actual and hypothetical expenses paid during the period would have been $2.48 and $2.94, respectively.

Performance

 

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

Fund NAV Returns

       -29.32      -33.06      -2.90      -4.35      5.81

Fund Market Price Returns

       -29.34      -33.55      -3.19      -4.63      5.65

WisdomTree Europe SmallCap Dividend Index

       -29.66      -33.23      -2.46      -4.06      6.46

MSCI Europe Small Cap Index

       -31.81      -38.22      -3.15      -3.18      5.40

MSCI Europe Index

       -23.17      -24.80      -1.72      -1.24      3.45
*

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      3  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International AI Enhanced Value Fund (AIVI)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.0%  

Industrials

    15.8%  

Consumer Staples

    11.2%  

Materials

    10.4%  

Real Estate

    9.0%  

Health Care

    7.9%  

Utilities

    6.1%  

Communication Services

    5.4%  

Energy

    4.2%  

Consumer Discretionary

    3.9%  

Information Technology

    2.6%  

Investment Company

    0.4%  

Other Assets less Liabilities‡

    1.1%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description    % of Net Assets  

Swiss Re AG

     3.7%  

Mitsui & Co. Ltd.

     3.4%  

Aurizon Holdings Ltd.

     3.2%  

Henkel AG & Co. KGaA

     3.1%  

GSK PLC

     2.9%  

Publicis Groupe SA

     2.7%  

Imperial Brands PLC

     2.6%  

HeidelbergCement AG

     2.6%  

Holcim AG

     2.5%  

Eni SpA

     2.4%  
*

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

The WisdomTree International AI Enhanced Value Fund (the “Fund”) seeks income and capital appreciation by investing primarily in equity securities selected from a universe of developed market equities, excluding the United States and Canada, that exhibit value characteristics based on the selection results of a proprietary, quantitative artificial intelligence (AI) model developed by Voya Investment Management Co., LLC., the Fund’s sub-adviser. Prior to January 18, 2022, Fund performance reflects the investment objective of the Fund when it was the WisdomTree International Dividend ex-Financials Fund and tracked the price and yield performance, before fees and expenses, of the WisdomTree International Dividend ex-Financials Index (the “Former Index”). In seeking to track the Former Index, the Fund invested in high-dividend-yielding companies in the developed world excluding the U.S. and Canada, and excluding the financials sector.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 783.90        0.59   $ 2.64  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.11        0.59   $ 2.99  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.58% and the actual and hypothetical expenses paid during the period would have been $2.59 and $2.94, respectively.

Performance

 

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

Fund NAV Returns1

       -21.61      -21.61      -4.28      -2.07      1.59

Fund Market Price Returns1

       -21.53      -21.82      -4.59      -2.23      1.52

MSCI EAFE Value Index

       -21.35      -20.16      -2.79      -2.74      2.39
*

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 International 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.

 

4   WisdomTree Trust


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International Equity Fund (DWM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    22.3%  

Industrials

    12.6%  

Materials

    11.5%  

Consumer Staples

    10.2%  

Health Care

    9.5%  

Consumer Discretionary

    7.5%  

Communication Services

    7.5%  

Utilities

    6.0%  

Energy

    5.4%  

Real Estate

    3.5%  

Information Technology

    3.2%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

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

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

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    2.9%  

Nestle SA, Registered Shares

    2.3%  

Rio Tinto Ltd.

    1.5%  

Novartis AG, Registered Shares

    1.5%  

Shell PLC

    1.3%  

Roche Holding AG

    1.2%  

Nippon Telegraph & Telephone Corp.

    1.2%  

Toyota Motor Corp.

    1.1%  

Commonwealth Bank of Australia

    1.1%  

LVMH Moet Hennessy Louis Vuitton SE

    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 International Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Equity Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the developed world excluding the U.S. and Canada. 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, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized
Expense Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 786.80        0.49   $ 2.19  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.61        0.49   $ 2.48  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.48% and the actual and hypothetical expenses paid during the period would have been $2.15 and $2.43, respectively.

Performance

 

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

Fund NAV Returns

       -21.32      -20.10      -3.14      -2.22      2.90

Fund Market Price Returns

       -21.50      -20.68      -3.39      -2.46      2.86

WisdomTree International Equity Index

       -21.36      -19.98      -3.00      -2.01      3.12

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67

MSCI EAFE Value Index

       -21.35      -20.16      -2.79      -2.74      2.39
*

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, 2022 (unaudited)

WisdomTree International High Dividend Fund (DTH)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.8%  

Materials

    16.3%  

Communication Services

    13.1%  

Utilities

    9.5%  

Health Care

    7.7%  

Industrials

    7.5%  

Energy

    6.4%  

Consumer Staples

    6.2%  

Real Estate

    4.7%  

Consumer Discretionary

    2.6%  

Information Technology

    0.9%  

Investment Company

    0.5%  

Other Assets less Liabilities‡

    0.8%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    5.6%  

Rio Tinto Ltd.

    3.0%  

Novartis AG, Registered Shares

    3.0%  

Nippon Telegraph & Telephone Corp.

    2.3%  

SoftBank Corp.

    1.7%  

Unilever PLC

    1.7%  

BP PLC

    1.7%  

Fortescue Metals Group Ltd.

    1.7%  

Sanofi

    1.5%  

Commonwealth Bank of Australia

    1.4%  
*

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

The WisdomTree International High Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International High Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in high-dividend-yielding companies in the developed world excluding the U.S. and Canada. 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, 2022)

 

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

Actual

   $ 1,000.00      $ 791.00        0.58   $ 2.60  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

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

Fund NAV Returns

       -20.90      -15.77      -3.52      -2.60      2.18

Fund Market Price Returns

       -20.69      -15.52      -3.52      -2.67      2.17

WisdomTree International High Dividend Index

       -20.93      -15.62      -3.24      -2.35      2.48

MSCI EAFE Value Index

       -21.35      -20.16      -2.79      -2.74      2.39

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67
*

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, 2022 (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    23.6%  

Materials

    11.8%  

Health Care

    11.7%  

Consumer Staples

    11.6%  

Industrials

    9.7%  

Communication Services

    8.3%  

Consumer Discretionary

    7.0%  

Energy

    5.8%  

Utilities

    5.5%  

Information Technology

    2.5%  

Real Estate

    1.5%  

Investment Company

    0.1%  

Other Assets less Liabilities‡

    0.9%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

BHP Group Ltd.

    4.0%  

Nestle SA, Registered Shares

    3.2%  

Rio Tinto Ltd.

    2.1%  

Novartis AG, Registered Shares

    2.1%  

Shell PLC

    1.8%  

Roche Holding AG

    1.7%  

Nippon Telegraph & Telephone Corp.

    1.6%  

Toyota Motor Corp.

    1.6%  

Commonwealth Bank of Australia

    1.5%  

LVMH Moet Hennessy Louis Vuitton SE

    1.4%  
*

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

The WisdomTree International LargeCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International LargeCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying large-cap companies in the developed world excluding the U.S. and Canada. 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, 2022)

 

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

Actual

   $ 1,000.00      $ 792.90        0.48   $ 2.16  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.66        0.48   $ 2.43  

Performance

 

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

Fund NAV Returns

       -20.71      -17.47      -2.84      -1.78      2.54

Fund Market Price Returns

       -20.41      -17.44      -2.97      -1.82      2.52

WisdomTree International LargeCap Dividend Index

       -20.73      -17.39      -2.64      -1.58      2.82

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67

MSCI EAFE Value Index

       -21.35      -20.16      -2.79      -2.74      2.39
*

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, 2022 (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

 

Sector Breakdown

 

Sector   % of Net Assets  

Financials

    19.6%  

Industrials

    18.8%  

Materials

    9.9%  

Real Estate

    9.3%  

Utilities

    8.9%  

Consumer Discretionary

    8.2%  

Consumer Staples

    6.2%  

Communication Services

    5.7%  

Information Technology

    4.9%  

Energy

    4.1%  

Health Care

    3.4%  

Other Assets less Liabilities‡

    1.0%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

Power Assets Holdings Ltd.

    1.1%  

Aker BP ASA

    1.1%  

Sompo Holdings, Inc.

    1.0%  

Koninklijke KPN NV

    1.0%  

Admiral Group PLC

    0.8%  

Terna—Rete Elettrica Nazionale

    0.8%  

ENEOS Holdings, Inc.

    0.8%  

Tryg A/S

    0.7%  

Suncorp Group Ltd.

    0.7%  

Mitsui OSK Lines Ltd.

    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 International MidCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International MidCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying mid-cap companies in the developed world excluding the U.S. and Canada. 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, 2022)

 

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

Actual

   $ 1,000.00      $ 760.70        0.58   $ 2.56  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

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

Fund NAV Returns

       -23.93      -26.27      -4.32      -3.18      3.46

Fund Market Price Returns

       -23.95      -26.47      -4.53      -3.37      3.46

WisdomTree International MidCap Dividend Index

       -24.06      -26.35      -3.96      -2.80      3.89

MSCI EAFE Mid Cap Index

       -25.11      -30.85      -3.66      -2.29      4.07

MSCI EAFE Mid Cap Value Index

       -23.65      -25.72      -5.01      -3.19      4.01

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67
*

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, 2022 (unaudited)

WisdomTree International Multifactor Fund (DWMF)

 

Sector Breakdown

 

Sector   % of Net Assets  

Consumer Staples

    15.6%  

Financials

    15.3%  

Industrials

    13.0%  

Health Care

    11.3%  

Communication Services

    9.3%  

Consumer Discretionary

    6.6%  

Energy

    6.5%  

Utilities

    6.4%  

Materials

    5.5%  

Real Estate

    4.4%  

Information Technology

    3.8%  

Other Assets less Liabilities‡

    2.3%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

La Francaise des Jeux SAEM

    1.5%  

GSK PLC

    1.4%  

Sanofi

    1.4%  

BAE Systems PLC

    1.2%  

Ipsen SA

    1.2%  

Roche Holding AG

    1.2%  

Bayerische Motoren Werke AG

    1.2%  

Novartis AG, Registered Shares

    1.1%  

Singapore Exchange Ltd.

    1.1%  

Bayer AG, Registered Shares

    1.1%  
*

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

The WisdomTree International Multifactor Fund (the “Fund”) seeks capital appreciation by investing primarily in equity securities of developed countries, excluding the U.S. and Canada, with the highest composite scores based on two fundamental factors, value and quality measures, and two technical factors, momentum and correlation. The Fund seeks to manage its currency risk by dynamically hedging currency fluctuations in the relative value of the applicable international currencies against the U.S. dollar, ranging from a 0% to 100% hedge.

Shareholder Expense Example (for the six-month period ended September 30, 2022)

 

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

Actual

   $ 1,000.00      $ 879.10        0.38   $ 1.79  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,023.16        0.38   $ 1.93  

Performance

 

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

Fund NAV Returns

       -12.09      -13.54      -1.37      -0.16

Fund Market Price Returns

       -11.82      -13.23      -1.63      -0.19

MSCI EAFE Local Currency Index

       -11.14      -11.11      2.51      2.47

MSCI EAFE Index

       -22.51      -25.13      -1.83      -1.27
*

Returns of less than one year are cumulative.

 

1 

Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 10, 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      9  


Performance Summary

as of September 30, 2022 (unaudited)

WisdomTree International Quality Dividend Growth Fund (IQDG)

 

Sector Breakdown

 

Sector   % of Net Assets  

Health Care

    22.6%  

Materials

    18.8%  

Consumer Discretionary

    18.3%  

Industrials

    17.1%  

Information Technology

    10.1%  

Consumer Staples

    6.9%  

Energy

    2.3%  

Financials

    2.1%  

Communication Services

    1.3%  

Real Estate

    0.1%  

Utilities

    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. It does not include derivatives (if any).

 

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

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Novo Nordisk A/S, Class B

    6.3%  

Roche Holding AG

    5.7%  

LVMH Moet Hennessy Louis Vuitton SE

    5.7%  

BHP Group Ltd.

    5.2%  

Rio Tinto Ltd.

    4.8%  

Anglo American PLC

    4.5%  

Diageo PLC

    3.3%  

Industria de Diseno Textil SA

    3.3%  

Deutsche Post AG, Registered Shares

    2.1%  

CSL Ltd.

    2.1%  
*

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

The WisdomTree International Quality Dividend Growth Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International Quality Dividend Growth Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies with growth characteristics in the developed world excluding the U.S. and Canada. 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, 2022)

 

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

Actual

   $ 1,000.00      $ 741.10        0.42   $ 1.83  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.96        0.42   $ 2.13  

Performance

 

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

Fund NAV Returns

     -25.89     -27.73     0.33     0.25     3.44

Fund Market Price Returns

     -25.79     -28.13     -0.03     0.01     3.36

WisdomTree International Quality Dividend Growth Index

     -26.01     -27.61     0.63     0.57     3.79

MSCI EAFE Index

     -22.51     -25.13     -1.83     -0.84     3.24
*

Returns of less than one year are cumulative.

 

1 

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

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, 2022 (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    23.0%  

Financials

    15.6%  

Materials

    11.4%  

Consumer Discretionary

    10.7%  

Real Estate

    9.0%  

Information Technology

    7.1%  

Consumer Staples

    6.9%  

Communication Services

    4.5%  

Utilities

    3.9%  

Health Care

    3.5%  

Energy

    3.1%  

Investment Company

    0.0%

Other Assets less Liabilities‡

    1.3%  

Total

    100.0%  

 

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

 

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

 

*

Represents less than 0.1%.

Top Ten Holdings*

 

Description   % of Net Assets  

Cia de Distribucion Integral Logista Holdings SA

    1.0%  

NetLink NBN Trust

    0.8%  

Diversified Energy Co. PLC

    0.8%  

New Hope Corp. Ltd.

    0.8%  

Societe BIC SA

    0.7%  

Ferrexpo PLC

    0.7%  

BFF Bank SpA

    0.6%  

Metcash Ltd.

    0.6%  

PostNL NV

    0.6%  

Drax Group PLC

    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 International SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree International SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the developed world excluding the U.S. and Canada. 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, 2022)

 

         
      Beginning
Account Value
     Ending
Account Value
     Annualized Net
Expense Ratio1
    Expenses Paid
During the
Period
 

Actual

   $ 1,000.00      $ 772.40        0.60   $ 2.67  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.06        0.60   $ 3.04  
1 

Included in the expense ratio are “Other fees” described in Note 6 which are not annualized. Without these expenses, the expense ratio would have been 0.58% and the actual and hypothetical expenses paid during the period would have been $2.58 and $2.94, respectively.

Performance

 

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

Fund NAV Returns

       -22.76      -27.42      -3.21      -3.52      4.39

Fund Market Price Returns

       -22.26      -27.27      -3.28      -3.64      4.36

WisdomTree International SmallCap Dividend Index

       -22.92      -26.98      -2.45      -2.70      5.06

MSCI EAFE Small Cap Index

       -25.78      -32.06      -2.16      -1.79      5.28

MSCI EAFE Small Cap Value Index

       -24.30      -27.42      -2.83      -2.70      4.95

MSCI EAFE Index

       -22.51      -25.13      -1.83      -0.84      3.67
*

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, 2022 (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

 

Sector Breakdown

 

Sector   % of Net Assets  

Industrials

    24.3%  

Consumer Discretionary

    16.3%  

Materials

    14.6%  

Financials

    13.6%  

Information Technology

    11.4%  

Consumer Staples

    6.8%  

Health Care

    3.9%  

Utilities

    2.3%  

Communication Services

    2.1%  

Real Estate

    1.5%  

Energy

    1.4%  

Investment Company

    0.3%  

Other Assets less Liabilities‡

    1.5%  

Total

    100.0%  

 

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

 

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

Top Ten Holdings*

 

Description   % of Net Assets  

Electric Power Development Co. Ltd.

    0.9%  

Nishimatsu Construction Co. Ltd.

    0.8%  

Toyo Seikan Group Holdings Ltd.

    0.8%  

Mebuki Financial Group, Inc.

    0.8%  

Cosmo Energy Holdings Co. Ltd.

    0.7%  

Aozora Bank Ltd.

    0.7%  

Sankyo Co. Ltd.

    0.7%  

Seven Bank Ltd.

    0.7%  

Konica Minolta, Inc.

    0.6%  

SHO-BOND Holdings Co. Ltd.

    0.5%  
*

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

The WisdomTree Japan SmallCap Dividend Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Japan SmallCap Dividend Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying small-cap companies in the Japanese 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, 2022)

 

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

Actual

   $ 1,000.00      $ 867.90        0.58   $ 2.72  

Hypothetical (5% return before expenses)

   $ 1,000.00      $ 1,022.16        0.58   $ 2.94  

Performance

 

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

Fund NAV Returns

       -13.21      -24.20      -3.49      -3.17      5.01

Fund Market Price Returns

       -12.13      -23.83      -3.71      -3.18      5.09

WisdomTree Japan SmallCap Dividend Index

       -13.21      -24.19      -3.28      -2.69      5.59

MSCI Japan Small Cap Index

       -15.39      -27.56      -4.04      -2.29      5.47

MSCI Japan Index

       -21.18      -29.30      -2.65      -0.63      4.84
*

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.

 

12   WisdomTree Trust


Description of Terms and Indexes (unaudited)

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

Growth is generally characterized by higher price levels relative to fundamentals, such as

dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.

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

Australasia and Japan.

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

The MSCI EAFE Mid Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of mid-capitalization equities in the developed markets, excluding the U.S. and Canada.

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

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

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

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

The MSCI Europe Index is a free float-adjusted market capitalization index that is designed to measure the performance of large- and mid-cap stocks within developed market European countries.

The MSCI Europe Small Cap Index is a free float-adjusted market capitalization index that is designed to measure the performance of “small” stocks within developed market

European countries.

The MSCI Japan Small Cap Index is a free float-adjusted market capitalization index that

is designed to measure the performance of small cap stocks within Japan.

The MSCI Japan Index is a free float-adjusted market capitalization index that is designed to measure the performance of the Japanese equity market.

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

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

The WisdomTree Europe Quality Dividend Growth Index is a fundamentally weighted index that measures the performance of dividend-paying common stocks with growth characteristics selected from the WisdomTree International Equity Index.

The WisdomTree Europe SmallCap Dividend Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the European dividend-paying market.

The WisdomTree International Dividend ex-Financials Index measures the performance

of high dividend-yielding international stocks outside the financial sector.

 

WisdomTree Trust      13  


Description of Terms and Indexes (unaudited) (continued)

 

 

The WisdomTree International Equity Index is a fundamentally weighted Index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States.

The WisdomTree International High Dividend Index is comprised of companies with high dividend yields selected from the WisdomTree International Equity Index.

The WisdomTree International LargeCap Dividend Index is comprised of the large-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International MidCap Dividend Index is comprised of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree International Quality Dividend Growth Index is a fundamentally weighted index designed to provide exposure to dividend paying developed market companies.

The WisdomTree International SmallCap Dividend Index is comprised of the small-capitalization segment of the dividend-paying market in the industrialized world outside the U.S. and Canada.

The WisdomTree Japan SmallCap Dividend Index is comprised of dividend-paying

small-capitalization companies in Japan.

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

Neither MSCI nor any other party involved in or related to compiling, computing or creating the

MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

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

 

14   WisdomTree Trust


Description of Terms and Indexes (unaudited) (concluded)

 

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

* * * * * *

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

 

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

 

WisdomTree Trust      15  


Schedule of Investments (unaudited)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.5%

 

Australia – 5.3%

 

Rio Tinto Ltd.

     46,473      $ 2,539,936  
Austria – 1.1%

 

Andritz AG

     1,439        61,520  

Kontron AG

     1,044        14,901  

OMV AG

     8,620        315,574  

Telekom Austria AG*

     16,218        93,898  

Wienerberger AG

     1,759        35,498  
     

 

 

 
Total Austria               521,391  
Belgium – 0.1%

 

Melexis NV

     849        58,221  
Denmark – 6.9%

 

AP Moller – Maersk A/S, Class B

     83        151,622  

Carlsberg A/S, Class B

     1,860        219,037  

Coloplast A/S, Class B

     2,708        276,798  

DSV A/S

     397        46,866  

H Lundbeck A/S

     9,797        31,386  

H Lundbeck A/S, Class A*

     2,450        7,310  

Novo Nordisk A/S, Class B

     19,164        1,922,485  

Novozymes A/S, Class B

     2,105        106,277  

Orsted A/S(a)

     4,285        342,974  

Royal Unibrew A/S

     728        47,469  

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

     3,973        57,842  

SimCorp A/S

     420        23,789  

Vestas Wind Systems A/S

     3,626        67,658  
     

 

 

 
Total Denmark               3,301,513  
Finland – 4.1%

 

Elisa Oyj

     5,036        228,669  

Kesko Oyj, Class A(b)

     3,111        56,138  

Kesko Oyj, Class B

     5,478        102,742  

Kone Oyj, Class B

     7,427        288,197  

Metso Outotec Oyj

     10,789        72,464  

Neste Oyj

     9,596        421,152  

Nokian Renkaat Oyj

     3,877        37,601  

Orion Oyj, Class B

     3,436        145,011  

Tokmanni Group Corp.

     2,424        26,549  

UPM-Kymmene Oyj

     17,768        567,101  

Valmet Oyj

     2,307        47,077  
     

 

 

 
Total Finland               1,992,701  
France – 17.7%

 

Arkema SA

     1,247        91,719  

BioMerieux

     578        46,092  

Bureau Veritas SA

     3,586        80,729  

Capgemini SE

     1,450        235,091  

Cie de Saint-Gobain

     6,388        231,859  

Cie Generale des Etablissements Michelin SCA

     9,389        212,978  

Eiffage SA

     2,070        167,340  

Hermes International

     293        349,325  

IPSOS

     981        44,112  

Kering SA

     1,209        543,105  

L’Oreal SA

     4,518        1,461,706  

La Francaise des Jeux SAEM(a)

     3,172      94,684  

Legrand SA

     2,263        147,782  

LVMH Moet Hennessy Louis Vuitton SE

     4,178        2,498,353  

Remy Cointreau SA(b)

     446        74,670  

Safran SA

     983        90,531  

Sartorius Stedim Biotech

     133        41,316  

Schneider Electric SE

     5,883        673,958  

SEB SA(b)

     779        49,376  

Sopra Steria Group SACA

     287        36,691  

Teleperformance

     241        61,597  

Television Francaise 1

     9,510        54,921  

Thales SA

     2,835        313,836  

Trigano SA

     552        48,993  

Verallia SA(a)

     2,879        65,208  

Vinci SA

     9,674        788,213  
     

 

 

 
Total France               8,504,185  
Germany – 7.1%

 

adidas AG

     1,672        194,722  

Aurubis AG

     714        37,757  

Bechtle AG

     861        31,318  

Brenntag SE

     1,683        102,849  

Carl Zeiss Meditec AG, Bearer Shares

     296        31,158  

Covestro AG(a)

     3,385        97,958  

Dermapharm Holding SE

     510        18,626  

Deutsche Post AG, Registered Shares

     16,582        505,449  

Fielmann AG

     1,689        54,537  

Hapag-Lloyd AG(a)

     1,811        309,943  

Infineon Technologies AG

     6,222        138,426  

Instone Real Estate Group SE(a)

     824        6,870  

Knorr-Bremse AG

     1,611        70,041  

ProSiebenSat.1 Media SE

     7,504        53,709  

Siemens AG, Registered Shares

     11,458        1,135,952  

Siemens Healthineers AG(a)

     12,106        525,145  

Symrise AG

     963        94,765  

Varta AG

     478        13,744  

VERBIO Vereinigte BioEnergie AG

     156        9,246  
     

 

 

 
Total Germany               3,432,215  
Ireland – 1.1%

 

CRH PLC(b)

     15,155        490,977  

Kingspan Group PLC

     490        22,244  
     

 

 

 
Total Ireland               513,221  
Italy – 1.6%

 

Amplifon SpA

     986        25,984  

Anima Holding SpA(a)

     15,095        43,328  

BFF Bank SpA(a)

     17,757        118,638  

Buzzi Unicem SpA

     2,493        35,620  

Davide Campari-Milano NV

     4,420        39,455  

De’ Longhi SpA(b)

     1,969        29,069  

DiaSorin SpA(b)

     302        33,964  

Ferrari NV

     687        129,018  

GVS SpA*(a)

     1,976        11,673  

Moncler SpA

     1,901        78,944  

Pirelli & C. SpA(a)

     11,845        38,989  

 

See Notes to Financial Statements.

 

16   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

RAI Way SpA(a)

     11,143      $ 51,023  

Recordati Industria Chimica e Farmaceutica SpA

     3,403        125,649  

Technogym SpA(a)

     4,053        25,491  
     

 

 

 
Total Italy               786,845  
Netherlands – 4.9%

 

ASM International NV

     255        58,393  

ASML Holding NV

     1,329        564,527  

BE Semiconductor Industries NV

     1,465        63,995  

Euronext NV(a)

     1,311        83,609  

Heineken NV

     4,919        433,026  

IMCD NV

     189        22,700  

Koninklijke KPN NV

     166,999        453,501  

Randstad NV(b)

     5,165        225,570  

RHI Magnesita NV

     1,655        31,204  

Signify NV(a)

     2,321        60,550  

STMicroelectronics NV(b)

     4,158        131,367  

Wolters Kluwer NV

     2,244        219,658  
     

 

 

 
Total Netherlands               2,348,100  
Norway – 2.0%

 

AF Gruppen ASA

     3,656        46,433  

Aker BP ASA(b)

     8,364        239,931  

Atea ASA*

     3,435        30,639  

Kongsberg Gruppen ASA

     3,153        96,061  

Mowi ASA

     3,461        43,988  

Norsk Hydro ASA

     30,516        164,772  

Yara International ASA

     9,363        329,334  
     

 

 

 
Total Norway               951,158  
Portugal – 0.4%

 

Altri SGPS SA

     9,053        45,896  

Jeronimo Martins SGPS SA

     7,277        135,806  
     

 

 

 
Total Portugal               181,702  
Spain – 4.4%

 

Acerinox SA

     9,927        79,725  

Banco Bilbao Vizcaya Argentaria SA

     127,845        578,687  

Cie Automotive SA

     2,346        48,907  

Faes Farma SA(b)

     18,624        67,689  

Fluidra SA(b)

     2,008        30,530  

Grifols SA*(b)

     6,054        52,677  

Industria de Diseno Textil SA

     55,757        1,162,363  

Viscofan SA

     1,280        70,096  
     

 

 

 
Total Spain               2,090,674  
Sweden – 4.9%

 

AAK AB

     3,559        47,256  

Alfa Laval AB

     3,592        90,112  

Assa Abloy AB, Class B

     8,969        169,480  

Atlas Copco AB, Class A

     23,837        225,106  

Atlas Copco AB, Class B

     13,819        116,131  

Axfood AB

     6,113        140,410  

Bilia AB, Class A

     3,641        41,897  

Catena AB

     707        21,087  

Dustin Group AB(a)

     2,618        10,375  

Elekta AB, Class B

     7,167        36,721  

Epiroc AB, Class A

     5,973      86,197  

Epiroc AB, Class B

     1,860        23,632  

EQT AB

     4,151        81,954  

Evolution AB(a)

     767        61,291  

Hexagon AB, Class B

     13,720        129,442  

Hexpol AB

     6,742        55,832  

Husqvarna AB, Class B

     8,468        47,386  

Indutrade AB

     2,078        34,154  

JM AB

     2,220        30,947  

Mycronic AB

     1,539        18,722  

Nibe Industrier AB, Class B

     3,697        33,347  

Nordnet AB publ

     1,937        22,097  

Paradox Interactive AB

     814        13,031  

Samhallsbyggnadsbolaget i Norden AB(b)

     15,150        16,607  

Sandvik AB

     14,055        193,205  

SKF AB, Class B(b)

     7,428        100,568  

Thule Group AB(a)(b)

     1,594        32,103  

Volvo AB, Class A

     8,033        119,292  

Volvo AB, Class B

     25,050        356,828  
     

 

 

 
Total Sweden               2,355,210  
Switzerland – 19.1%

 

Adecco Group AG, Registered Shares

     4,844        134,899  

Coca-Cola HBC AG

     6,167        130,387  

EMS-Chemie Holding AG, Registered Shares

     334        213,278  

Geberit AG, Registered Shares

     361        156,797  

Kuehne + Nagel International AG, Registered Shares(b)

     1,006        206,464  

Logitech International SA, Registered Shares(b)

     1,586        74,043  

Nestle SA, Registered Shares

     34,471        3,750,221  

Partners Group Holding AG

     377        308,188  

Roche Holding AG

     9,101        2,990,824  

Roche Holding AG, Bearer Shares(b)

     2,032        800,619  

Schindler Holding AG, Participation Certificate

     390        61,279  

Schindler Holding AG, Registered Shares

     649        98,908  

SFS Group AG

     368        31,855  

Sonova Holding AG, Registered Shares

     444        99,243  

Straumann Holding AG, Registered Shares

     432        40,310  

Temenos AG, Registered Shares

     471        32,272  

VAT Group AG(a)

     221        45,760  
     

 

 

 
Total Switzerland               9,175,347  
United Kingdom – 15.1%

 

Abrdn PLC

     66,961        103,975  

Alpha FX Group PLC

     551        10,456  

Anglo American PLC

     46,367        1,415,880  

Antofagasta PLC

     19,845        247,116  

Ashmore Group PLC(b)

     22,592        49,708  

Ashtead Group PLC

     1,286        58,657  

Bellway PLC

     1,915        36,405  

Britvic PLC

     6,952        55,682  

Burberry Group PLC

     5,175        104,445  

Computacenter PLC

     1,682        36,294  

Croda International PLC

     795        57,206  

Diageo PLC

     24,816        1,051,987  

 

See Notes to Financial Statements.

 

WisdomTree Trust      17  


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe Quality Dividend Growth Fund (EUDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

Dunelm Group PLC(b)

     3,088      $ 25,164  

Ferrexpo PLC

     41,217        55,949  

Fresnillo PLC(b)

     10,889        93,499  

Games Workshop Group PLC

     353        22,835  

Halma PLC

     1,488        33,969  

Hargreaves Lansdown PLC(b)

     8,687        84,095  

Hikma Pharmaceuticals PLC

     2,246        34,186  

Howden Joinery Group PLC

     4,670        26,337  

Impax Asset Management Group PLC(b)

     1,442        8,451  

Intertek Group PLC

     1,457        60,292  

Mondi PLC

     8,042        125,143  

RELX PLC

     15,804        388,477  

Rentokil Initial PLC(b)

     11,165        59,513  

Rightmove PLC

     6,582        35,430  

Rotork PLC

     10,394        27,174  

RS Group PLC

     3,405        36,832  

Savills PLC

     2,478        22,005  

Softcat PLC

     2,100        27,896  

Spirax-Sarco Engineering PLC

     306        35,525  

Synthomer PLC

     8,301        9,869  

Taylor Wimpey PLC

     111,446        109,851  

Tesco PLC

     147,063        339,496  

TI Fluid Systems PLC(a)(b)

     9,665        13,055  

Unilever PLC

     51,290        2,272,451  

Victrex PLC

     1,617        30,144  

Vistry Group PLC(b)

     4,291      28,213  
     

 

 

 
Total United Kingdom               7,233,662  
United States – 3.7%

 

GSK PLC

     120,798        1,760,829  
TOTAL COMMON STOCKS
(Cost: $62,748,122)
              47,746,910  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.7%

 

United States – 4.7%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $2,258,555)      2,258,555        2,258,555  
TOTAL INVESTMENTS IN SECURITIES – 104.2%
(Cost: $65,006,677)
        50,005,465  

Other Assets less Liabilities – (4.2)%

        (2,013,915
     

 

 

 
NET ASSETS – 100.0%             $ 47,991,550  
* 

Non-income producing security.

 

(a) 

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

 

(b) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,562,655 and the total market value of the collateral held by the Fund was $2,710,099. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $451,544.

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FINANCIAL DERIVATIVE INSTRUMENTS  
FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER)  
Counterparty   Settlement
Date
   

Amount and

Description of

Currency to

be Purchased

   

Amount and

Description of

Currency to

be Sold

   

Unrealized

Appreciation

   

Unrealized

Depreciation

 

Bank of America NA

    10/4/2022       4,138       USD       45,051       NOK     $ 4     $  

Deutsche Bank AG

    10/4/2022       8,543       USD       7,656       GBP             (3

UBS AG

    10/4/2022       12,976       USD       13,243       EUR       2        
                              $ 6     $ (3

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

    

Investments in Securities

 

    

Common Stocks

   $ 47,746,910      $     $      $ 47,746,910  

Investment of Cash Collateral for Securities Loaned

            2,258,555              2,258,555  

Total Investments in Securities

   $ 47,746,910      $ 2,258,555     $      $ 50,005,465  

Financial Derivative Instruments

 

    

Foreign Currency Contracts1

   $      $ 6     $      $ 6  

Liabilities:

 

    

Financial Derivative Instruments

 

    

Foreign Currency Contracts1

   $      $ (3   $      $ (3

Total – Net

   $ 47,746,910      $ 2,258,558     $      $ 50,005,468  
1 

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

 

See Notes to Financial Statements.

 

18   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.4%

 

Austria – 1.6%

 

AT&S Austria Technologie & Systemtechnik AG

     13,866      $ 457,096  

Kontron AG(a)

     27,098        386,783  

POLYTEC Holding AG(a)

     44,194        196,341  

S IMMO AG(a)

     50,490        1,122,799  

Semperit AG Holding(a)

     24,380        410,802  

Zumtobel Group AG

     34,574        203,223  
     

 

 

 
Total Austria               2,777,044  
Belgium – 2.9%

 

Befimmo SA(a)

     42,566        1,947,379  

Bekaert SA

     56,973        1,444,456  

Deceuninck NV(a)

     89,943        167,766  

Fagron

     26,376        325,316  

Ion Beam Applications

     16,347        192,172  

Recticel SA

     28,323        372,915  

Xior Student Housing NV(a)

     17,800        556,265  
     

 

 

 
Total Belgium               5,006,269  
Denmark – 6.4%

 

Alm Brand A/S

     2,049,752        2,511,587  

Cementir Holding NV

     116,301        636,892  

Chemometec A/S

     3,669        279,892  

D/S Norden A/S

     68,153        2,885,990  

FLSmidth & Co. A/S

     14,464        316,154  

Huscompagniet A/S

     15,218        87,921  

Matas A/S

     22,616        201,133  

Per Aarsleff Holding A/S

     14,900        366,321  

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

     102,589        1,493,575  

Spar Nord Bank A/S

     97,213        1,086,136  

Sydbank A/S

     47,123        1,295,123  
     

 

 

 
Total Denmark               11,160,724  
Finland – 4.5%

 

Aktia Bank Oyj

     73,289        694,282  

Caverion Oyj

     68,627        288,755  

Kamux Corp.(a)

     24,163        125,458  

Kemira Oyj

     161,635        1,797,223  

Lassila & Tikanoja Oyj(a)

     30,851        301,325  

Musti Group Oyj*

     11,015        192,293  

Oma Saastopankki Oyj

     23,533        402,525  

Revenio Group Oyj

     5,580        208,381  

Rovio Entertainment Oyj(a)(b)

     52,090        290,616  

Suominen Oyj(a)

     55,599        143,522  

Talenom Oyj(a)

     18,364        158,314  

Terveystalo Oyj(b)

     73,585        596,164  

Tokmanni Group Corp.

     102,397        1,121,501  

Uponor Oyj

     59,512        785,896  

Verkkokauppa.com Oyj(a)

     55,839        166,843  

YIT Oyj(a)

     204,824        576,685  
     

 

 

 
Total Finland               7,849,783  
France – 4.6%

 

AKWEL(a)

     16,287        233,270  

Chargeurs SA

     43,643        507,073  

Coface SA

     195,677      1,885,319  

Fnac Darty SA

     14,376        399,970  

Groupe SFPI

     84,100        173,016  

IPSOS

     46,191        2,077,021  

Kaufman & Broad SA(a)

     20,370        402,103  

Lectra

     8,615        239,687  

Maisons du Monde SA(a)(b)

     20,821        165,116  

Mersen SA

     13,830        386,811  

Quadient SA

     26,992        376,280  

Television Francaise 1

     189,132        1,092,244  
     

 

 

 
Total France               7,937,910  
Germany – 7.6%

 

Aareal Bank AG

     27,389        885,980  

AURELIUS Equity Opportunities SE & Co. KGaA

     36,630        684,319  

Bilfinger SE

     83,778        2,117,486  

CANCOM SE

     14,105        336,605  

CropEnergies AG

     84,371        1,018,298  

Deutsche Pfandbriefbank AG(b)

     99,513        691,189  

DIC Asset AG

     55,590        423,144  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     3,191        107,474  

Encavis AG

     72,771        1,317,441  

GFT Technologies SE

     6,328        190,936  

GRENKE AG

     11,548        211,553  

Hamborner REIT AG

     97,982        677,676  

Hamburger Hafen und Logistik AG

     54,231        592,902  

Hensoldt AG

     30,064        605,243  

Hornbach Holding AG & Co. KGaA

     8,853        558,531  

Instone Real Estate Group SE(b)

     23,244        193,781  

Jenoptik AG

     13,484        268,683  

JOST Werke AG(b)

     8,901        311,299  

MLP SE

     45,051        229,498  

Mutares SE & Co. KGaA(a)

     26,262        382,826  

NORMA Group SE

     18,116        245,446  

PATRIZIA SE

     33,944        350,489  

Wacker Neuson SE

     47,627        628,480  

Wuestenrot & Wuerttembergische AG

     19,667        262,413  
     

 

 

 
Total Germany               13,291,692  
Ireland – 0.5%

 

Kenmare Resources PLC

     70,470        307,582  

Origin Enterprises PLC

     101,406        360,116  

Uniphar PLC*(a)

     65,190        201,170  
     

 

 

 
Total Ireland               868,868  
Italy – 11.3%

 

Alerion Cleanpower SpA(a)

     21,545        697,572  

Anima Holding SpA(b)

     679,453        1,950,284  

Ascopiave SpA

     82,649        170,840  

Avio SpA(a)

     19,990        179,970  

Banca IFIS SpA

     48,248        537,889  

Banca Popolare di Sondrio SpA(a)

     322,712        1,072,363  

BFF Bank SpA(b)

     600,939        4,015,000  

Cairo Communication SpA

     129,526        179,169  

Credito Emiliano SpA

     262,808        1,490,692  

 

See Notes to Financial Statements.

 

WisdomTree Trust      19  


Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Danieli & C. Officine Meccaniche SpA, RSP

     28,999      $ 347,724  

Datalogic SpA(a)

     18,650        119,306  

doValue SpA(b)

     74,629        396,258  

El.En. SpA

     22,444        255,492  

Emak SpA

     187,082        163,664  

Esprinet SpA

     67,401        414,004  

Gruppo MutuiOnline SpA

     15,926        313,286  

GVS SpA*(a)(b)

     56,861        335,894  

Maire Tecnimont SpA(a)

     315,182        746,601  

MARR SpA

     32,365        306,601  

Piaggio & C. SpA

     549,281        1,117,102  

RAI Way SpA(b)

     235,139        1,076,674  

Salcef Group SpA

     54,226        745,840  

Sanlorenzo SpA

     13,232        427,122  

SOL SpA

     43,427        667,929  

Technogym SpA(a)(b)

     135,684        853,364  

Tinexta SpA(a)

     8,233        154,373  

Unieuro SpA(a)(b)

     71,550        719,164  

Zignago Vetro SpA

     21,548        233,471  
     

 

 

 
Total Italy               19,687,648  
Netherlands – 5.3%

 

AMG Advanced Metallurgical Group NV

     7,376        168,219  

Brunel International NV

     35,404        296,891  

Eurocommercial Properties NV

     38,406        766,033  

Heijmans NV, CVA(a)

     64,329        603,100  

Ordina NV

     286,745        1,074,480  

PostNL NV(a)

     2,275,163        3,840,331  

RHI Magnesita NV

     53,352        1,005,914  

TKH Group NV, CVA

     27,365        895,391  

Wereldhave NV(a)

     46,062        530,214  
     

 

 

 
Total Netherlands               9,180,573  
Norway – 5.5%

 

ABG Sundal Collier Holding ASA

     684,733        346,851  

Atea ASA*

     83,185        741,984  

Austevoll Seafood ASA

     130,509        883,254  

Bonheur ASA

     16,599        470,678  

Borregaard ASA

     52,691        621,814  

Europris ASA(b)

     239,229        1,195,349  

Kid ASA(b)

     47,923        322,353  

Kitron ASA(a)

     277,385        479,055  

Komplett Bank ASA*(a)

     328,048        152,626  

Multiconsult ASA(b)

     30,449        368,833  

Selvaag Bolig ASA

     53,108        154,734  

SpareBank 1 Nord Norge

     55,556        416,011  

SpareBank 1 SMN

     48,924        500,139  

Sparebanken Vest

     50,674        380,383  

TGS ASA

     204,308        2,512,310  
     

 

 

 
Total Norway               9,546,374  
Peru – 0.1%

 

Hochschild Mining PLC

     242,139        159,477  
Portugal – 2.3%

 

Altri SGPS SA

     281,212        1,425,657  

Corticeira Amorim SGPS SA

     29,802      265,679  

CTT – Correios de Portugal SA(a)

     81,984        217,655  

Sonae SGPS SA

     2,693,236        2,175,384  
     

 

 

 
Total Portugal               4,084,375  
Spain – 3.8%

 

Aedas Homes SA(b)

     74,938        1,068,893  

Applus Services SA

     79,956        449,216  

Audax Renovables SA*(a)

     227,655        186,223  

ContourGlobal PLC(b)

     212,754        598,493  

Faes Farma SA

     264,466        961,202  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros

     659,586        621,609  

Neinor Homes SA(a)(b)

     91,382        835,243  

Pharma Mar SA

     5,059        269,411  

Sacyr SA(a)

     752,637        1,650,124  
     

 

 

 
Total Spain               6,640,414  
Sweden – 11.2%

 

AcadeMedia AB(b)

     97,859        425,915  

Akelius Residential Property AB, Class D(a)

     284,420        461,972  

Alimak Group AB(a)(b)

     28,262        151,019  

Ambea AB(b)

     59,286        208,349  

Beijer Alma AB

     33,770        443,673  

Bergman & Beving AB

     27,593        205,378  

Bilia AB, Class A

     125,132        1,439,906  

BioGaia AB, Class B

     21,315        147,894  

Biotage AB

     10,294        154,723  

Bonava AB, Class B(a)

     101,990        240,971  

Bufab AB

     13,662        247,449  

Byggmax Group AB

     104,825        352,329  

Catena AB

     25,814        769,942  

Clas Ohlson AB, Class B(a)

     126,235        758,149  

Cloetta AB, Class B

     246,879        391,758  

Coor Service Management Holding AB(b)

     108,334        737,521  

Dios Fastigheter AB

     172,050        1,092,221  

Dustin Group AB(a)(b)

     70,665        280,049  

Eolus Vind AB, Class B(a)

     9,477        100,257  

Fagerhult AB

     56,308        189,765  

Ferronordic AB(a)

     22,850        59,712  

G5 Entertainment AB(a)

     3,855        66,036  

GARO AB(a)

     4,954        43,815  

Granges AB

     37,654        243,279  

HMS Networks AB

     9,277        252,124  

Instalco AB(a)

     48,810        197,241  

Inwido AB

     72,157        572,184  

JM AB

     74,665        1,040,836  

Karnov Group AB*

     57,522        281,973  

KNOW IT AB

     14,071        283,259  

Lagercrantz Group AB, Class B(a)

     59,966        527,658  

Lindab International AB

     45,869        515,419  

Loomis AB

     59,707        1,475,257  

Midsona AB, Class B

     53,625        75,092  

MIPS AB(a)

     4,329        130,133  

Munters Group AB(a)(b)

     60,567        426,520  

 

See Notes to Financial Statements.

 

20   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2022

 

 

 

Investments    Shares      Value  

Mycronic AB

     41,129      $ 500,330  

NCC AB, Class B

     103,164        746,481  

Nobia AB

     180,362        339,352  

Nordic Waterproofing Holding AB(a)

     24,914        336,303  

Paradox Interactive AB

     25,176        403,020  

Platzer Fastigheter Holding AB, Class B

     46,620        281,463  

Pricer AB, Class B(a)

     135,251        214,500  

Ratos AB, Class B

     134,615        462,040  

Rottneros AB(a)

     236,817        289,366  

Scandi Standard AB*

     60,514        253,344  

Troax Group AB

     16,069        228,202  

Vitec Software Group AB, Class B

     5,712        169,649  

Volati AB

     25,877        229,215  
     

 

 

 
Total Sweden               19,443,043  
Switzerland – 4.3%

 

Arbonia AG(a)

     68,958        793,096  

Comet Holding AG, Registered Shares

     1,233        181,395  

EFG International AG

     80,115        638,967  

Huber + Suhner AG, Registered Shares

     14,946        1,193,554  

Landis + Gyr Group AG*

     30,637        1,674,646  

Mobilezone Holding AG, Registered Shares

     90,276        1,366,637  

Valiant Holding AG, Registered Shares

     14,579        1,392,356  

Zehnder Group AG

     5,822        298,124  
     

 

 

 
Total Switzerland               7,538,775  
United Kingdom – 26.5%

 

AJ Bell PLC

     166,412        500,081  

Alliance Pharma PLC

     314,950        195,126  

Anglo Asian Mining PLC

     139,379        111,246  

Bloomsbury Publishing PLC

     78,281        320,266  

Bodycote PLC

     106,889        555,077  

Central Asia Metals PLC

     389,020        942,350  

Chemring Group PLC

     100,116        317,397  

Chesnara PLC

     134,255        411,390  

Clarkson PLC

     21,872        642,133  

CLS Holdings PLC

     243,157        378,382  

Coats Group PLC

     709,531        403,153  

Concentric AB

     16,057        257,838  

Craneware PLC

     9,579        206,376  

Currys PLC(a)

     615,695        389,355  

Devro PLC

     235,988        437,299  

DiscoverIE Group PLC(a)

     25,162        182,012  

Diversified Energy Co. PLC

     2,819,973        4,082,871  

Domino’s Pizza Group PLC

     327,642        814,152  

Drax Group PLC

     469,064        3,144,313  

EMIS Group PLC

     55,981        1,181,090  

Essentra PLC

     135,587        276,375  

Euromoney Institutional Investor PLC

     41,826        673,275  

FDM Group Holdings PLC

     94,173        659,135  

Ferrexpo PLC

     1,554,652        2,110,316  

Forterra PLC(b)

     118,903        310,591  

Galliford Try Holdings PLC

     119,368        195,878  

Gamma Communications PLC

     14,638        172,555  

Gateley Holdings PLC

     82,806        177,940  

GB Group PLC

     32,280      219,448  

Genuit Group PLC

     77,824        253,240  

Halfords Group PLC

     88,749        130,575  

Harworth Group PLC

     131,655        177,829  

Headlam Group PLC

     51,632        133,141  

Helical PLC

     71,988        286,082  

Hill & Smith Holdings PLC

     46,903        476,979  

Hilton Food Group PLC

     65,804        392,995  

Hunting PLC

     122,818        320,132  

Ibstock PLC(b)

     197,313        361,668  

IG Design Group PLC(a)

     64,247        55,224  

Impax Asset Management Group PLC(a)

     45,594        267,207  

IntegraFin Holdings PLC

     118,660        291,147  

International Personal Finance PLC

     116,565        107,480  

Jadestone Energy PLC

     212,704        163,835  

James Fisher & Sons PLC*

     21,250        66,894  

James Halstead PLC(a)

     99,664        229,741  

Jupiter Fund Management PLC

     844,342        865,722  

Keller Group PLC

     53,849        378,703  

Liontrust Asset Management PLC

     28,532        232,825  

LSL Property Services PLC

     34,130        99,820  

Luceco PLC(b)

     87,545        81,113  

Marshalls PLC

     58,926        192,470  

Mattioli Woods PLC

     50,286        353,646  

MJ Gleeson PLC

     30,905        142,137  

Moneysupermarket.com Group PLC

     643,840        1,335,378  

Morgan Advanced Materials PLC

     133,261        337,683  

Morgan Sindall Group PLC

     48,854        806,038  

Mortgage Advice Bureau Holdings Ltd.

     31,635        224,598  

NCC Group PLC

     149,425        364,465  

Next Fifteen Communications Group PLC(a)

     28,613        249,137  

Norcros PLC

     75,013        138,166  

Numis Corp. PLC

     82,134        212,712  

Oxford Instruments PLC

     13,664        272,116  

Pan African Resources PLC(a)

     2,350,546        459,185  

Paragon Banking Group PLC

     230,473        1,015,729  

PayPoint PLC

     96,538        646,592  

Polar Capital Holdings PLC

     153,425        710,763  

Premier Foods PLC

     203,250        216,224  

Premier Miton Group PLC(a)

     143,820        170,179  

PZ Cussons PLC

     290,392        632,769  

Reach PLC

     136,476        105,501  

Record PLC

     191,475        145,987  

Redde Northgate PLC

     333,027        1,076,239  

Renew Holdings PLC

     54,124        344,386  

Robert Walters PLC

     36,963        188,979  

Sabre Insurance Group PLC(b)

     456,750        494,574  

Serco Group PLC

     499,711        871,884  

Serica Energy PLC

     140,235        586,258  

Smart Metering Systems PLC

     87,282        783,360  

Spirent Communications PLC

     229,322        671,723  

SThree PLC

     62,423        239,709  

TBC Bank Group PLC

     39,401        733,642  

Telecom Plus PLC

     83,009        1,599,362  

 

See Notes to Financial Statements.

 

WisdomTree Trust      21  


Schedule of Investments (unaudited) (concluded)

WisdomTree Europe SmallCap Dividend Fund (DFE)

September 30, 2022

 

 

 

Investments    Shares      Value  

TI Fluid Systems PLC(a)(b)

     332,595      $ 449,243  

TT Electronics PLC

     117,380        184,492  

Tyman PLC

     149,949        329,420  

UP Global Sourcing Holdings PLC

     91,512        102,359  

Vesuvius PLC

     268,131        926,079  

VIDENDUM PLC(a)

     19,594        263,348  

Volex PLC

     37,011        100,809  

Watkin Jones PLC

     259,828        438,549  

Wincanton PLC

     118,244        386,087  

Workspace Group PLC

     95,195        423,577  

XPS Pensions Group PLC

     280,781        401,198  

YouGov PLC

     14,438        141,831  
     

 

 

 
Total United Kingdom               46,108,355  
TOTAL COMMON STOCKS
(Cost: $260,956,746)
              171,281,324  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.0%

 

United States – 7.0%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $12,242,097)      12,242,097      12,242,097  
TOTAL INVESTMENTS IN SECURITIES – 105.4%
(Cost: $273,198,843)

 

     183,523,421  

Other Assets less Liabilities – (5.4)%

        (9,441,300
     

 

 

 
NET ASSETS – 100.0%             $ 174,082,121  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $17,629,333. The Fund also had securities on loan having a total market value of $38,577 that were sold and pending settlement. The total market value of the collateral held by the Fund was $19,761,907. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $7,519,810.

 

(b)

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

 

(c)

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

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, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
     Change in
Unrealized
Appreciation/
Depreciation
     Value at
9/30/2022
     Dividend
Income
 

WisdomTree International MidCap Dividend Fund^

   $ 1,141,154      $ 4,805,674      $ 5,522,597      $ (433,666    $ 9,435      $      $ 57,688  
^ 

As of September 30,2022, 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, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

    

Significant
Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 171,281,324      $      $      $ 171,281,324  

Investment of Cash Collateral for Securities Loaned

            12,242,097               12,242,097  

Total Investments in Securities

   $ 171,281,324      $ 12,242,097      $      $ 183,523,421  

 

See Notes to Financial Statements.

 

22   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International AI Enhanced Value Fund (AIVI)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 95.4%

 

Australia – 7.1%

 

Aurizon Holdings Ltd.

     1,027,431      $ 2,279,024  

Australia & New Zealand Banking Group Ltd.(a)

     16,987        249,017  

Dexus

     32,663        162,125  

Lendlease Corp. Ltd.

     34,429        197,454  

National Australia Bank Ltd.

     17,525        324,623  

Origin Energy Ltd.

     56,036        186,267  

Sonic Healthcare Ltd.

     71,454        1,404,886  

Westpac Banking Corp.(a)

     15,835        210,138  
     

 

 

 
Total Australia               5,013,534  
Austria – 1.2%

 

OMV AG

     23,359        855,162  
Belgium – 2.2%

 

Groupe Bruxelles Lambert NV

     22,555        1,588,260  
Finland – 0.6%

 

Fortum Oyj

     18,976        255,982  

Sampo Oyj, Class A

     4,311        184,810  
     

 

 

 
Total Finland               440,792  
France – 4.9%

 

Arkema SA

     3,410        250,813  

Cie de Saint-Gobain

     16,382        594,601  

Orange SA

     20,023        181,404  

Publicis Groupe SA

     39,718        1,902,686  

Renault SA*

     6,795        186,188  

Vivendi SE

     21,472        167,691  

Wendel SE

     2,476        179,132  
     

 

 

 
Total France               3,462,515  
Germany – 8.6%

 

Allianz SE, Registered Shares

     3,970        629,274  

Aroundtown SA

     398,428        880,952  

Continental AG

     11,635        523,748  

Fresenius Medical Care AG & Co. KGaA

     5,686        161,705  

Fresenius SE & Co. KGaA

     35,948        773,001  

HeidelbergCement AG

     45,202        1,808,925  

Henkel AG & Co. KGaA

     3,121        178,252  

LEG Immobilien SE

     4,130        248,260  

Mercedes-Benz Group AG

     8,735        447,972  

Siemens Energy AG*

     24,374        271,851  

Telefonica Deutschland Holding AG

     78,213        158,836  
     

 

 

 
Total Germany               6,082,776  
Hong Kong – 7.2%

 

CK Asset Holdings Ltd.

     29,000        174,372  

CLP Holdings Ltd.

     23,500        177,674  

Hang Lung Properties Ltd.

     328,000        538,177  

Hang Seng Bank Ltd.

     13,000        197,404  

Henderson Land Development Co. Ltd.

     397,000        1,112,626  

HK Electric Investments & HK Electric Investments Ltd.

     1,462,500        1,024,695  

Hongkong Land Holdings Ltd.

     55,000        243,100  

New World Development Co. Ltd.

     77,000        218,742  

Sino Land Co. Ltd.

     166,000        219,503  

Sun Hung Kai Properties Ltd.

     58,500      647,234  

Swire Properties Ltd.

     142,200        306,141  

Wharf Real Estate Investment Co. Ltd.

     47,916        217,914  
     

 

 

 
Total Hong Kong               5,077,582  
Italy – 4.2%

 

Eni SpA(a)

     160,025        1,710,344  

Mediobanca Banca di Credito Finanziario SpA

     25,565        201,861  

Poste Italiane SpA(b)

     24,323        185,620  

Snam SpA

     160,907        653,544  

Telecom Italia SpA*(a)

     1,170,178        218,153  
     

 

 

 
Total Italy               2,969,522  
Japan – 19.8%

 

AGC, Inc.

     15,500        480,811  

Asahi Group Holdings Ltd.

     24,900        771,368  

Hulic Co. Ltd.

     33,800        248,225  

Inpex Corp.

     16,900        158,673  

Japan Post Insurance Co. Ltd.

     17,800        249,147  

Japan Tobacco, Inc.

     32,600        534,681  

Kao Corp.

     6,800        277,083  

Kobayashi Pharmaceutical Co. Ltd.

     3,400        199,192  

Komatsu Ltd.

     12,900        232,698  

Lixil Corp.(a)

     15,600        228,377  

Makita Corp.

     8,600        166,302  

MEIJI Holdings Co. Ltd.(a)

     5,200        230,999  

Mitsubishi Electric Corp.

     81,100        730,906  

Mitsui & Co. Ltd.

     112,900        2,409,396  

NGK Insulators Ltd.

     15,700        195,240  

Nissan Motor Co. Ltd.

     96,700        307,446  

Nisshin Seifun Group, Inc.(a)

     18,700        189,655  

ORIX Corp.

     16,500        231,236  

Otsuka Corp.

     54,300        1,697,520  

Rakuten Group, Inc.

     125,100        536,717  

Shimizu Corp.(a)

     63,700        312,020  

Shin-Etsu Chemical Co. Ltd.

     2,300        227,704  

Sumitomo Realty & Development Co. Ltd.(a)

     16,500        374,811  

Taisei Corp.

     9,000        249,957  

Takeda Pharmaceutical Co. Ltd.

     24,000        624,602  

Tosoh Corp.

     146,400        1,628,409  

TOTO Ltd.

     7,400        246,419  

Yamato Holdings Co. Ltd.

     17,400        261,700  
     

 

 

 
Total Japan               14,001,294  
Netherlands – 1.7%

 

JDE Peet’s NV

     7,341        215,317  

Koninklijke Philips NV(a)

     34,098        534,466  

NN Group NV

     12,345        483,388  
     

 

 

 
Total Netherlands               1,233,171  
Norway – 3.2%

 

DNB Bank ASA

     21,238        336,873  

Gjensidige Forsikring ASA

     24,585        421,886  

Norsk Hydro ASA

     57,810        312,147  

Telenor ASA

     130,281        1,191,475  
     

 

 

 
Total Norway               2,262,381  

 

See Notes to Financial Statements.

 

WisdomTree Trust      23  


Schedule of Investments (unaudited) (concluded)

WisdomTree International AI Enhanced Value Fund (AIVI)

September 30, 2022

 

 

 

Investments    Shares      Value  
Singapore – 1.4%

 

City Developments Ltd.

     75,200      $ 398,299  

Oversea-Chinese Banking Corp. Ltd.

     47,800        394,086  

United Overseas Bank Ltd.

     10,300        187,782  
     

 

 

 
Total Singapore               980,167  
Spain – 3.2%

 

ACS Actividades de Construccion y Servicios SA

     8,754        198,360  

Enagas SA(a)

     96,245        1,493,496  

Red Electrica Corp. SA

     17,068        262,682  

Repsol SA

     23,968        277,184  
     

 

 

 
Total Spain               2,231,722  
Sweden – 3.7%

 

Essity AB, Class B

     21,743        432,607  

Industrivarden AB, Class A

     8,763        178,221  

Industrivarden AB, Class C(a)

     81,091        1,631,685  

Securitas AB, Class B(a)

     22,209        155,298  

Swedbank AB, Class A

     16,233        214,806  
     

 

 

 
Total Sweden               2,612,617  
Switzerland – 9.4%

 

Baloise Holding AG, Registered Shares

     1,350        173,782  

Geberit AG, Registered Shares

     2,614        1,135,367  

Holcim AG*

     42,065        1,751,408  

SGS SA, Registered Shares

     102        220,219  

Swatch Group AG, Registered Shares

     4,272        181,254  

Swiss Life Holding AG, Registered Shares

     432        192,463  

Swiss Prime Site AG, Registered Shares

     2,444        196,166  

Swiss Re AG

     35,062        2,606,183  

Temenos AG, Registered Shares

     2,379        163,007  
     

 

 

 
Total Switzerland               6,619,849  
United Kingdom – 14.1%

 

Anglo American PLC

     28,975        884,791  

BAE Systems PLC

     22,508        198,442  

Barratt Developments PLC

     143,109        546,673  

British American Tobacco PLC

     7,988        287,707  

Bunzl PLC

     7,282        224,357  

CK Hutchison Holdings Ltd.

     75,000        414,655  

Imperial Brands PLC

     88,636        1,835,417  

J. Sainsbury PLC

     82,594      160,704  

Johnson Matthey PLC

     22,677        463,885  

M&G PLC

     885,678        1,646,650  

Phoenix Group Holdings PLC

     172,905        1,016,796  

Reckitt Benckiser Group PLC

     6,575        438,619  

Schroders PLC

     248,517        1,079,994  

St. James’s Place PLC

     45,529        526,537  

United Utilities Group PLC

     26,078        258,737  
     

 

 

 
Total United Kingdom               9,983,964  
United States – 2.9%

 

GSK PLC

     141,360        2,060,554  
TOTAL COMMON STOCKS
(Cost: $90,731,898)
              67,475,862  
PREFERRED STOCK – 3.1%

 

Germany – 3.1%

 

Henkel AG & Co. KGaA
(Cost: $3,423,840)
     36,337        2,172,161  
EXCHANGE-TRADED FUND – 0.4%

 

United States – 0.4%

 

iShares MSCI EAFE Value ETF(a)
(Cost: $345,180)
     8,565        330,010  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.3%

 

United States – 7.3%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $5,143,965)      5,143,965        5,143,965  
TOTAL INVESTMENTS IN SECURITIES – 106.2%
(Cost: $99,644,883)
        75,121,998  

Other Assets less Liabilities – (6.2)%

        (4,405,800
     

 

 

 
NET ASSETS – 100.0%             $ 70,716,198  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $5,140,305 and the total market value of the collateral held by the Fund was $5,441,546. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $297,581.

 

(b) 

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

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other
Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 67,475,862      $      $      $ 67,475,862  

Preferred Stock

     2,172,161                      2,172,161  

Exchange-Traded Fund

     330,010                      330,010  

Investment of Cash Collateral for Securities Loaned

            5,143,965               5,143,965  

Total Investments in Securities

   $ 69,978,033      $ 5,143,965      $      $ 75,121,998  

 

See Notes to Financial Statements.

 

24   WisdomTree Trust


Schedule of Investments (unaudited)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.2%

 

Australia – 12.9%

 

Adairs Ltd.(a)

     49,748      $ 57,894  

Alumina Ltd.

     205,096        166,811  

Ampol Ltd.

     11,781        217,770  

APA Group

     68,265        420,914  

ASX Ltd.(a)

     10,689        493,170  

Atlas Arteria Ltd.(a)

     65,427        262,073  

AUB Group Ltd.

     4,963        60,533  

Aurizon Holdings Ltd.

     116,515        258,451  

Austal Ltd.

     98,482        144,367  

Australia & New Zealand Banking Group Ltd.

     127,550        1,869,788  

Australian Finance Group Ltd.(a)

     146,949        151,642  

Autosports Group Ltd.(a)

     133,248        182,481  

Bank of Queensland Ltd.(a)

     54,933        229,928  

Bapcor Ltd.(a)

     24,350        95,814  

Bell Financial Group Ltd.(a)

     245,027        159,115  

Bendigo & Adelaide Bank Ltd.(a)

     76,619        383,752  

BHP Group Ltd.

     609,890        15,104,799  

Brambles Ltd.

     35,512        260,518  

Brickworks Ltd.

     11,051        153,047  

carsales.com Ltd.

     22,490        271,992  

Charter Hall Group

     29,324        216,442  

Coles Group Ltd.

     68,707        725,798  

Commonwealth Bank of Australia

     95,341        5,559,864  

Costa Group Holdings Ltd.

     94,509        136,113  

Cromwell Property Group

     572,834        246,763  

CSL Ltd.

     5,608        1,027,686  

Dexus

     82,334        408,671  

Dusk Group Ltd.(a)

     69,732        87,427  

Elders Ltd.(a)

     25,750        196,188  

Fortescue Metals Group Ltd.

     411,753        4,452,869  

Goodman Group

     58,014        588,596  

GPT Group

     101,150        249,082  

Growthpoint Properties Australia Ltd.

     106,661        210,533  

GUD Holdings Ltd.(a)

     17,459        83,179  

Harvey Norman Holdings Ltd.(a)

     140,734        365,559  

Healius Ltd.

     35,287        76,458  

Inghams Group Ltd.(a)

     75,308        115,238  

Insurance Australia Group Ltd.

     95,429        282,238  

IVE Group Ltd.(a)

     55,397        79,783  

JB Hi-Fi Ltd.(a)

     12,232        298,539  

Latitude Group Holdings Ltd.(a)

     63,741        53,687  

Lendlease Corp. Ltd.

     24,266        139,168  

Liberty Financial Group Ltd.

     42,638        108,286  

MA Financial Group Ltd.(a)

     9,440        23,428  

Macquarie Group Ltd.

     11,332        1,112,850  

Magellan Financial Group Ltd.(a)

     11,226        81,272  

Medibank Pvt Ltd.

     164,684        367,416  

Metcash Ltd.(a)

     80,075        199,244  

Mirvac Group

     240,522        300,782  

Monadelphous Group Ltd.(a)

     16,150        135,610  

National Australia Bank Ltd.

     161,023        2,982,692  

Navigator Global Investments Ltd.

     128,684        93,493  

Newcrest Mining Ltd.

     16,647      181,098  

Nine Entertainment Co. Holdings Ltd.

     122,519        146,913  

NRW Holdings Ltd.

     89,718        137,288  

OZ Minerals Ltd.(a)

     12,563        208,235  

Pendal Group Ltd.

     50,746        146,822  

QBE Insurance Group Ltd.

     36,444        270,167  

Qube Holdings Ltd.(a)

     97,764        155,886  

Resimac Group Ltd.(a)

     126,305        79,584  

Rio Tinto Ltd.

     185,677        10,362,494  

Santos Ltd.

     49,956        227,725  

Scentre Group

     176,008        287,437  

Seven Group Holdings Ltd.(a)

     16,859        183,729  

SG Fleet Group Ltd.

     91,786        118,618  

Sims Ltd.

     14,007        120,498  

SmartGroup Corp. Ltd.

     32,314        103,674  

Sonic Healthcare Ltd.

     19,499        383,378  

Stockland

     187,814        394,869  

Suncorp Group Ltd.

     87,227        562,508  

Tabcorp Holdings Ltd.

     112,312        67,517  

Telstra Corp. Ltd.(a)

     832,445        2,060,599  

Transurban Group

     71,271        565,464  

Vicinity Centres

     281,496        314,014  

Viva Energy Group Ltd.(b)

     52,324        87,805  

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

     12,750        219,614  

Wesfarmers Ltd.

     59,051        1,621,943  

Westpac Banking Corp.

     130,512        1,731,958  

Woodside Energy Group Ltd.

     136,821        2,785,100  

Woolworths Group Ltd.

     51,158        1,116,685  

Worley Ltd.(a)

     48,031        393,122  
     

 

 

 
Total Australia               66,984,557  
Austria – 0.6%

 

Andritz AG

     5,730        244,968  

BAWAG Group AG(b)

     10,293        448,314  

Oesterreichische Post AG(a)

     9,815        262,497  

OMV AG

     21,077        771,619  

Semperit AG Holding(a)

     3,606        60,761  

Strabag SE, Bearer Shares

     19,426        734,584  

Telekom Austria AG*

     62,306        360,735  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     6,958        142,463  

Voestalpine AG

     3,756        64,429  

Wienerberger AG

     1,845        37,233  
     

 

 

 
Total Austria               3,127,603  
Belgium – 0.6%

 

Ackermans & van Haaren NV

     727        92,658  

Aedifica SA

     2,531        195,508  

Anheuser-Busch InBev SA

     19,948        913,493  

Befimmo SA

     2,870        131,302  

Cofinimmo SA

     2,294        190,572  

KBC Group NV

     2,795        133,237  

Proximus SADP

     20,228        209,954  

Solvay SA

     3,932        306,772  

Telenet Group Holding NV

     17,299        239,122  

 

See Notes to Financial Statements.

 

WisdomTree Trust      25  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

UCB SA

     4,148      $ 289,002  

Warehouses De Pauw CVA

     10,734        264,151  
     

 

 

 
Total Belgium               2,965,771  
China – 1.6%

 

Beijing Enterprises Holdings Ltd.

     76,000        213,480  

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a)

     97,000        108,987  

BOC Hong Kong Holdings Ltd.

     601,944        2,005,227  

BOCOM International Holdings Co. Ltd.

     265,000        14,516  

China Everbright Environment Group Ltd.

     322,000        133,724  

China Merchants Port Holdings Co. Ltd.

     348,000        437,555  

China Power International Development Ltd.

     624,000        248,808  

China Resources Pharmaceutical Group Ltd.(b)

     386,500        265,384  

China Resources Power Holdings Co. Ltd.

     224,000        348,132  

China Taiping Insurance Holdings Co. Ltd.

     133,200        112,161  

CITIC Ltd.

     2,119,000        1,997,554  

CSPC Pharmaceutical Group Ltd.

     367,280        364,009  

Guangdong Investment Ltd.(a)

     390,000        312,501  

Lenovo Group Ltd.

     559,003        388,815  

MECOM Power and Construction Ltd.

     111,000        26,018  

Poly Property Group Co. Ltd.

     1,458,000        260,029  

Shoucheng Holdings Ltd.(a)

     680,000        103,084  

Shougang Fushan Resources Group Ltd.

     683,238        199,317  

Sino-Ocean Group Holding Ltd.

     754,500        78,815  

Wharf Holdings Ltd.

     37,000        118,543  

Wilmar International Ltd.

     258,700        692,319  
     

 

 

 
Total China               8,428,978  
Denmark – 1.5%

 

Alm Brand A/S

     75,589        92,620  

AP Moller – Maersk A/S, Class B

     218        398,236  

Carlsberg A/S, Class B

     2,468        290,636  

Coloplast A/S, Class B

     5,611        573,527  

DSV A/S

     1,618        191,007  

Novo Nordisk A/S, Class B

     42,849        4,298,506  

Novozymes A/S, Class B

     5,227        263,902  

Orsted A/S(b)

     5,825        466,236  

Rockwool A/S, Class B

     547        86,700  

Royal Unibrew A/S

     2,099        136,865  

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

     21,333        310,583  

Topdanmark A/S

     3,312        155,086  

Tryg A/S

     23,113        477,797  

Vestas Wind Systems A/S

     10,434        194,688  
     

 

 

 
Total Denmark               7,936,389  
Finland – 2.0%

 

Anora Group Oyj

     19,162        127,650  

Cargotec Oyj, Class B

     5,791        176,435  

Elisa Oyj

     12,867        584,249  

Fortum Oyj

     66,072        891,297  

Kesko Oyj, Class B

     20,517        384,804  

Kone Oyj, Class B

     16,777        651,013  

Konecranes Oyj

     7,944        159,382  

Metsa Board Oyj, Class B

     33,092        242,167  

Neste Oyj

     17,429        764,929  

Nokian Renkaat Oyj

     6,152      59,665  

Nordea Bank Abp

     447,292        3,856,042  

Orion Oyj, Class B

     6,745        284,661  

Sampo Oyj, Class A

     22,818        978,196  

UPM-Kymmene Oyj

     30,833        984,097  

Valmet Oyj

     12,198        248,914  
     

 

 

 
Total Finland               10,393,501  
France – 9.5%

 

Air Liquide SA

     17,132        1,973,052  

ALD SA(a)(b)

     37,904        351,275  

Alten SA

     872        97,129  

Amundi SA(b)

     5,925        249,358  

Arkema SA

     3,039        223,525  

AXA SA

     233,295        5,136,603  

BNP Paribas SA

     63,953        2,731,920  

Bollore SE

     68,769        318,119  

Bouygues SA(a)

     23,032        605,824  

Bureau Veritas SA

     11,814        265,961  

Capgemini SE

     3,536        573,299  

Carrefour SA

     21,441        298,581  

Chargeurs SA(a)

     7,446        86,512  

Cie de Saint-Gobain

     19,233        698,081  

Cie Generale des Etablissements Michelin SCA

     17,276        391,885  

Cie Plastic Omnium SA

     7,477        99,032  

Coface SA

     13,134        126,544  

Covivio

     3,658        177,458  

Credit Agricole SA

     216,354        1,772,759  

Danone SA(a)

     25,224        1,200,198  

Dassault Systemes SE

     9,810        343,426  

Edenred

     5,368        249,055  

Eiffage SA

     4,304        347,938  

Electricite de France SA(a)

     65,774        766,138  

Engie SA

     134,247        1,557,401  

EssilorLuxottica SA

     6,057        832,800  

Eutelsat Communications SA

     20,815        161,500  

Gecina SA

     4,560        359,386  

Hermes International

     679        809,527  

ICADE

     3,921        146,734  

Imerys SA

     6,190        188,349  

Ipsen SA

     1,722        160,092  

IPSOS

     3,507        157,695  

Kering SA

     2,124        954,140  

Klepierre SA*

     15,697        275,258  

L’Oreal SA

     10,025        3,243,382  

La Francaise des Jeux SAEM(b)

     6,244        186,383  

Legrand SA

     5,639        368,246  

LVMH Moet Hennessy Louis Vuitton SE

     8,977        5,368,050  

Metropole Television SA(a)

     21,714        263,562  

Nexans SA

     504        45,375  

Nexity SA(a)

     6,936        141,876  

Orange SA

     278,985        2,527,549  

Pernod Ricard SA

     5,062        936,505  

Publicis Groupe SA

     13,194        632,057  

 

See Notes to Financial Statements.

 

26   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Remy Cointreau SA(a)

     944      $ 158,047  

Rexel SA

     13,535        205,258  

Sanofi

     52,554        4,036,386  

Schneider Electric SE

     19,217        2,201,504  

SEB SA(a)

     1,524        96,596  

Societe Generale SA

     17,661        353,212  

Sopra Steria Group SACA

     817        104,449  

SPIE SA

     11,728        247,940  

Television Francaise 1

     34,850        201,260  

Thales SA(a)

     5,606        620,587  

Trigano SA

     1,254        111,300  

Valeo

     6,321        96,787  

Veolia Environnement SA

     28,529        550,864  

Verallia SA(b)

     7,847        177,731  

Vinci SA

     18,153        1,479,060  

Wendel SE

     3,069        222,033  
     

 

 

 
Total France               49,262,553  
Germany – 6.8%

 

adidas AG

     2,153        250,740  

Allianz SE, Registered Shares

     23,284        3,690,685  

AURELIUS Equity Opportunities SE & Co. KGaA

     3,828        71,514  

Aurubis AG

     1,473        77,894  

BASF SE

     49,983        1,939,047  

Bayer AG, Registered Shares

     45,113        2,095,503  

Bayerische Motoren Werke AG

     15,712        1,077,304  

Beiersdorf AG

     2,894        286,204  

Bilfinger SE

     5,211        131,708  

Brenntag SE

     7,446        455,029  

Covestro AG(b)

     4,259        123,251  

Deutsche Boerse AG

     5,203        857,590  

Deutsche Pfandbriefbank AG(b)

     14,511        100,789  

Deutsche Post AG, Registered Shares

     54,731        1,668,300  

Deutsche Telekom AG, Registered Shares

     213,888        3,665,192  

Deutsche Wohnen SE

     13,421        256,449  

DWS Group GmbH & Co. KGaA(b)

     3,604        86,713  

E.ON SE

     208,606        1,613,633  

Evonik Industries AG

     11,716        197,988  

Fielmann AG

     4,362        140,846  

Freenet AG

     10,637        202,679  

Fresenius SE & Co. KGaA

     11,612        249,696  

Hannover Rueck SE

     5,951        898,970  

Hapag-Lloyd AG(a)(b)

     5,726        979,975  

HeidelbergCement AG

     4,391        175,722  

Henkel AG & Co. KGaA

     4,126        235,651  

Hochtief AG

     4,071        194,861  

Hornbach Holding AG & Co. KGaA

     1,171        73,878  

Infineon Technologies AG

     12,853        285,952  

Knorr-Bremse AG

     939        40,825  

LANXESS AG

     4,112        121,132  

LEG Immobilien SE

     4,278        257,156  

Mercedes-Benz Group AG

     27,233        1,396,635  

Merck KGaA

     1,901        310,634  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     6,306      1,528,974  

Mutares SE & Co. KGaA

     5,920        86,297  

RWE AG

     20,887        773,257  

SAP SE

     22,252        1,833,746  

Siemens AG, Registered Shares

     24,687        2,447,483  

Siemens Healthineers AG(b)

     21,335        925,489  

Suedzucker AG

     7,769        94,299  

Symrise AG

     2,809        276,422  

Talanx AG*

     16,972        605,209  

Telefonica Deutschland Holding AG

     227,746        462,510  

Traton SE

     18,119        217,263  

United Internet AG, Registered Shares

     6,899        130,171  

Vantage Towers AG

     6,731        175,005  

Volkswagen AG

     5,687        939,594  

Vonovia SE

     20,686        450,086  

Wacker Neuson SE

     1,385        18,276  
     

 

 

 
Total Germany               35,174,226  
Hong Kong – 2.9%

 

AIA Group Ltd.

     227,165        1,894,030  

CLP Holdings Ltd.

     163,000        1,232,379  

Dah Sing Banking Group Ltd.

     393,600        260,732  

Fortune Real Estate Investment Trust

     246,000        179,253  

Hang Lung Properties Ltd.

     169,000        277,293  

Hang Seng Bank Ltd.

     135,100        2,051,481  

Henderson Land Development Co. Ltd.

     257,859        722,671  

Hong Kong & China Gas Co. Ltd.

     593,570        523,256  

Hong Kong Exchanges & Clearing Ltd.

     29,929        1,027,893  

Hutchison Port Holdings Trust

     1,272,400        234,122  

Hysan Development Co. Ltd.

     74,000        186,464  

Kowloon Development Co. Ltd.

     322,000        372,048  

Link REIT

     110,900        775,603  

MTR Corp. Ltd.

     198,553        911,838  

Power Assets Holdings Ltd.

     207,500        1,041,478  

Singamas Container Holdings Ltd.

     1,220,000        93,250  

Sino Land Co. Ltd.

     338,400        447,470  

Sun Hung Kai Properties Ltd.

     143,000        1,582,128  

Swire Pacific Ltd., Class A

     22,000        164,652  

Swire Pacific Ltd., Class B

     395,000        461,426  

Swire Properties Ltd.

     221,400        476,651  

Techtronic Industries Co. Ltd.

     32,000        309,201  
     

 

 

 
Total Hong Kong               15,225,319  
Indonesia – 0.0%

 

Bumitama Agri Ltd.(a)

     379,600        152,115  
Ireland – 0.3%

 

CRH PLC(a)

     24,504        793,857  

Glanbia PLC

     16,153        186,410  

Kerry Group PLC, Class A

     1,690        150,991  

Smurfit Kappa Group PLC

     13,600        390,771  
     

 

 

 
Total Ireland               1,522,029  
Israel – 0.5%

 

Bank Hapoalim BM

     53,975        459,016  

 

See Notes to Financial Statements.

 

WisdomTree Trust      27  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Bank Leumi Le-Israel BM

     56,503      $ 486,393  

Elbit Systems Ltd.

     2,003        381,224  

ICL Group Ltd.

     52,591        425,808  

Mehadrin Ltd.*

     0        4  

Meitav Investment House Ltd.*

     43,911        164,926  

Mizrahi Tefahot Bank Ltd.

     11,492        405,461  

Strauss Group Ltd.

     8,683        206,929  
     

 

 

 
Total Israel               2,529,761  
Italy – 3.3%

 

A2A SpA(a)

     307,079        300,770  

ACEA SpA

     24,334        265,564  

Amplifon SpA

     501        13,203  

Anima Holding SpA(b)

     63,367        181,887  

Assicurazioni Generali SpA

     131,033        1,799,697  

Banca Mediolanum SpA

     58,140        368,511  

Banco BPM SpA(a)

     73,228        193,262  

BPER Banca

     57,854        89,606  

Credito Emiliano SpA

     38,861        220,426  

DiaSorin SpA(a)

     344        38,687  

Enel SpA

     563,188        2,330,495  

Eni SpA(a)

     205,654        2,198,026  

ERG SpA(a)

     9,716        268,986  

Ferrari NV

     1,706        320,385  

Hera SpA

     129,593        277,525  

Infrastrutture Wireless Italiane SpA(b)

     51,364        451,359  

Intesa Sanpaolo SpA

     1,511,552        2,521,492  

Iren SpA

     172,871        229,812  

Italgas SpA

     113,717        532,060  

Mediobanca Banca di Credito Finanziario SpA

     88,252        696,836  

Piaggio & C. SpA

     104,667        212,867  

Poste Italiane SpA(b)

     77,027        587,829  

Recordati Industria Chimica e Farmaceutica SpA

     7,168        264,664  

Snam SpA

     261,764        1,063,188  

Terna – Rete Elettrica Nazionale(a)

     106,831        654,106  

UniCredit SpA

     29,881        306,136  

Unieuro SpA(a)(b)

     7,145        71,816  

Unipol Gruppo SpA

     30,300        118,555  

UnipolSai Assicurazioni SpA(a)

     251,804        525,428  
     

 

 

 
Total Italy               17,103,178  
Japan – 22.1%

 

Acom Co. Ltd.(a)

     75,200        161,575  

Advantest Corp.

     6,000        277,730  

Aeon Co. Ltd.

     15,100        282,033  

Aeon Delight Co. Ltd.

     14,800        289,978  

Aeon Mall Co. Ltd.

     8,700        96,770  

AGC, Inc.

     10,600        328,813  

Air Water, Inc.

     15,200        179,361  

Aisin Corp.(a)

     11,500        294,760  

Ajinomoto Co., Inc.

     14,700        402,372  

Amada Co. Ltd.

     21,000        142,326  

Aozora Bank Ltd.(a)

     20,500        365,684  

Asahi Group Holdings Ltd.

     15,000        464,679  

Asahi Holdings, Inc.(a)

     6,000      84,148  

Asahi Kasei Corp.

     44,900        296,397  

Astellas Pharma, Inc.

     56,000        741,663  

Avex, Inc.(a)

     15,300        162,889  

Azbil Corp.

     3,600        93,765  

Bandai Namco Holdings, Inc.

     5,500        358,434  

Benesse Holdings, Inc.(a)

     10,200        151,860  

BML, Inc.

     4,600        103,603  

Bridgestone Corp.

     27,100        874,157  

Canon, Inc.

     48,300        1,058,466  

Casio Computer Co. Ltd.(a)

     15,900        139,398  

Chiba Bank Ltd.

     25,400        136,700  

Chubu Electric Power Co., Inc.(a)

     24,200        218,017  

Chugai Pharmaceutical Co. Ltd.

     29,200        731,488  

Citizen Watch Co. Ltd.(a)

     49,100        204,887  

CKD Corp.

     6,100        72,402  

Concordia Financial Group Ltd.

     124,200        383,553  

Cosmo Energy Holdings Co. Ltd.

     8,400        215,303  

Credit Saison Co. Ltd.

     16,600        194,046  

Dai Nippon Printing Co. Ltd.

     14,800        296,521  

Dai-ichi Life Holdings, Inc.

     43,333        686,167  

Daicel Corp.

     31,000        182,258  

Daido Steel Co. Ltd.(a)

     2,200        53,501  

Daiichikosho Co. Ltd.(a)

     6,600        185,582  

Daikin Industries Ltd.

     3,200        492,894  

Daishi Hokuetsu Financial Group, Inc.

     17,300        320,554  

Daito Trust Construction Co. Ltd.

     4,400        412,505  

Daiwa House Industry Co. Ltd.

     24,900        506,360  

Daiwa Securities Group, Inc.(a)

     95,100        372,135  

DCM Holdings Co. Ltd.(a)

     34,800        282,978  

Denka Co. Ltd.

     3,100        67,999  

Denso Corp.

     18,900        859,963  

Dentsu Group, Inc.

     7,000        198,763  

DIC Corp.

     4,400        73,169  

Dowa Holdings Co. Ltd.

     4,300        154,181  

Electric Power Development Co. Ltd.

     15,100        213,650  

ENEOS Holdings, Inc.

     258,400        830,300  

EXEO Group, Inc.

     18,500        267,253  

FANUC Corp.

     4,300        601,872  

Fast Retailing Co. Ltd.

     800        423,973  

Fuji Electric Co. Ltd.

     7,600        277,757  

FUJIFILM Holdings Corp.

     10,900        497,690  

Fujitec Co. Ltd.(a)

     8,800        177,465  

Fujitsu Ltd.

     3,100        338,067  

Fukuoka Financial Group, Inc.

     26,000        460,921  

Furukawa Battery Co. Ltd.(a)

     6,400        49,654  

Furuya Metal Co. Ltd.

     100        5,368  

GMO Financial Holdings, Inc.(a)

     20,500        101,406  

GMO Internet Group, Inc.

     6,500        114,422  

GS Yuasa Corp.(a)

     15,600        243,358  

H.U. Group Holdings, Inc.

     10,700        195,157  

Hachijuni Bank Ltd.(a)

     111,300        368,322  

Hakuhodo DY Holdings, Inc.

     18,700        131,518  

Hankyu Hanshin Holdings, Inc.

     15,500        465,819  

 

See Notes to Financial Statements.

 

28   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Haseko Corp.

     30,500      $ 331,034  

Heiwa Corp.(a)

     22,100        341,703  

Hioki EE Corp.(a)

     2,800        121,483  

Hirose Electric Co. Ltd.

     2,100        275,367  

Hitachi Ltd.

     23,500        992,635  

Hokkaido Electric Power Co., Inc.

     79,500        248,807  

Honda Motor Co. Ltd.

     57,400        1,244,007  

Hoya Corp.

     3,800        364,393  

Idemitsu Kosan Co. Ltd.(a)

     22,551        488,427  

Iida Group Holdings Co. Ltd.

     7,200        97,645  

Iino Kaiun Kaisha Ltd.

     21,800        98,047  

Information Services International-Dentsu Ltd.

     2,600        79,574  

INFRONEER Holdings, Inc.

     28,700        195,107  

Inpex Corp.

     69,100        648,775  

Isetan Mitsukoshi Holdings Ltd.

     20,500        173,778  

Isuzu Motors Ltd.

     24,600        271,417  

ITOCHU Corp.

     79,300        1,918,058  

IwaiCosmo Holdings, Inc.(a)

     22,800        190,597  

Iwatani Corp.

     2,600        97,896  

Izumi Co. Ltd.

     6,800        145,870  

Jaccs Co. Ltd.

     6,800        168,655  

Japan Exchange Group, Inc.

     17,000        229,317  

Japan Post Holdings Co. Ltd.

     257,900        1,706,386  

Japan Post Insurance Co. Ltd.

     20,900        292,538  

Japan Tobacco, Inc.

     216,244        3,546,673  

JFE Holdings, Inc.

     22,000        203,821  

JSR Corp.(a)

     9,300        176,690  

JTEKT Corp.

     19,800        125,302  

Kajima Corp.

     20,000        189,713  

Kaneka Corp.

     7,500        187,053  

Kansai Electric Power Co., Inc.

     37,000        309,814  

Kao Corp.

     16,800        684,558  

KDDI Corp.

     134,300        3,936,819  

Keyence Corp.

     1,100        364,019  

Kirin Holdings Co. Ltd.

     33,900        521,574  

Kobe Steel Ltd.(a)

     31,600        126,623  

Koito Manufacturing Co. Ltd.

     2,000        27,234  

Komatsu Ltd.

     21,700        391,438  

Kubota Corp.

     31,600        437,503  

Kyowa Kirin Co. Ltd.

     14,800        338,955  

Kyudenko Corp.

     10,000        189,989  

Kyushu Railway Co.

     15,700        338,958  

Lawson, Inc.

     6,400        209,582  

Lixil Corp.

     16,200        237,161  

Makita Corp.(a)

     5,100        98,621  

Marubeni Corp.

     102,300        896,172  

Maruichi Steel Tube Ltd.

     10,000        204,428  

Matsui Securities Co. Ltd.(a)

     57,500        309,855  

Medipal Holdings Corp.(a)

     18,700        238,102  

Mitsubishi Chemical Group Corp.

     57,300        261,907  

Mitsubishi Corp.(a)

     70,800        1,940,892  

Mitsubishi Electric Corp.

     66,700        601,127  

Mitsubishi Estate Co. Ltd.

     29,400        385,209  

Mitsubishi Gas Chemical Co., Inc.

     14,900        195,174  

Mitsubishi HC Capital, Inc.

     116,990      502,731  

Mitsubishi Heavy Industries Ltd.

     16,500        547,853  

Mitsubishi Materials Corp.

     21,300        292,692  

Mitsubishi UFJ Financial Group, Inc.

     587,900        2,646,149  

Mitsui Chemicals, Inc.

     14,900        290,187  

Mitsui Fudosan Co. Ltd.

     18,000        342,540  

Mitsui High-Tec, Inc.(a)

     1,100        51,753  

Mitsui Mining & Smelting Co. Ltd.

     5,900        123,914  

Mitsui OSK Lines Ltd.(a)

     40,700        731,641  

Mizuho Financial Group, Inc.

     134,730        1,454,390  

Mizuho Medy Co. Ltd.(a)

     200        3,789  

MS&AD Insurance Group Holdings, Inc.

     32,430        859,453  

Murata Manufacturing Co. Ltd.

     19,300        884,297  

Musashi Seimitsu Industry Co. Ltd.(a)

     6,200        66,650  

Nabtesco Corp.

     5,000        102,076  

NEC Corp.

     8,800        281,184  

NGK Insulators Ltd.

     16,200        201,458  

NHK Spring Co. Ltd.(a)

     32,500        191,077  

Nichirei Corp.

     7,700        126,875  

Nidec Corp.

     4,200        235,905  

Nintendo Co. Ltd.

     57,000        2,305,282  

Nippon Denko Co. Ltd.(a)

     60,700        140,066  

Nippon Electric Glass Co. Ltd.

     16,400        282,464  

Nippon Express Holdings, Inc.

     5,400        274,579  

Nippon Gas Co. Ltd.

     15,800        224,319  

Nippon Kayaku Co. Ltd.

     21,500        172,006  

Nippon Light Metal Holdings Co. Ltd.(a)

     8,500        85,032  

Nippon Shinyaku Co. Ltd.

     1,600        81,799  

Nippon Steel Corp.

     27,400        379,827  

Nippon Steel Trading Corp.

     5,800        201,554  

Nippon Telegraph & Telephone Corp.

     222,300        5,998,852  

Nippon Yusen KK(a)

     43,200        736,291  

Nishimatsu Construction Co. Ltd.(a)

     8,800        230,723  

Nisshinbo Holdings, Inc.

     36,300        263,325  

Nissin Electric Co. Ltd.

     29,400        269,738  

Nissin Foods Holdings Co. Ltd.(a)

     3,100        215,669  

Nitto Denko Corp.

     4,000        216,381  

Noevir Holdings Co. Ltd.

     6,900        270,766  

NOF Corp.

     4,300        155,073  

Nomura Real Estate Holdings, Inc.

     10,800        244,361  

Nomura Research Institute Ltd.

     10,900        267,332  

NTT Data Corp.

     28,500        367,412  

Oji Holdings Corp.

     59,400        220,783  

Okamura Corp.

     16,800        160,171  

Olympus Corp.

     8,800        168,923  

Omron Corp.

     4,600        210,257  

Oracle Corp.

     4,300        228,747  

Orient Corp.(a)

     4,120        32,620  

Osaka Gas Co. Ltd.

     18,200        274,864  

Otsuka Holdings Co. Ltd.

     12,900        408,536  

PALTAC Corp.

     4,900        150,813  

Panasonic Holdings Corp.(a)

     57,300        401,609  

Penta-Ocean Construction Co. Ltd.

     32,600        163,738  

Pigeon Corp.

     13,800        201,549  

 

See Notes to Financial Statements.

 

WisdomTree Trust      29  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Pola Orbis Holdings, Inc.

     9,300      $ 105,050  

Recruit Holdings Co. Ltd.

     9,200        264,473  

Resona Holdings, Inc.

     113,700        414,754  

Sanwa Holdings Corp.

     21,700        186,499  

SBI Holdings, Inc.

     14,800        265,438  

SCREEN Holdings Co. Ltd.

     1,700        92,549  

Scroll Corp.(a)

     22,400        108,483  

SCSK Corp.

     19,900        301,088  

Secom Co. Ltd.

     6,200        354,494  

Sega Sammy Holdings, Inc.

     17,800        242,138  

Seiko Epson Corp.(a)

     21,400        291,257  

Sekisui Chemical Co. Ltd.

     23,400        285,821  

Sekisui House Ltd.

     29,900        495,975  

Senko Group Holdings Co. Ltd.

     25,800        170,936  

Seven & I Holdings Co. Ltd.

     22,500        902,518  

Sharp Corp.(a)

     23,100        137,727  

Shikoku Electric Power Co., Inc.

     45,500        227,272  

Shimamura Co. Ltd.

     1,900        160,537  

Shimano, Inc.

     1,300        204,235  

Shin-Etsu Chemical Co. Ltd.

     6,600        653,411  

Shinsei Bank Ltd.(a)

     10,800        154,824  

Shionogi & Co. Ltd.

     8,800        424,907  

Shizuoka Bank Ltd.*

     47,100        285,050  

SMC Corp.

     800        321,780  

SoftBank Corp.(a)

     473,900        4,735,890  

SoftBank Group Corp.

     15,300        517,945  

Sompo Holdings, Inc.

     23,400        931,506  

Sony Group Corp.

     8,100        519,649  

Stanley Electric Co. Ltd.

     9,800        153,285  

Subaru Corp.

     23,900        357,811  

Sumitomo Bakelite Co. Ltd.

     1,300        35,611  

Sumitomo Chemical Co. Ltd.

     80,000        274,690  

Sumitomo Corp.

     57,000        709,817  

Sumitomo Electric Industries Ltd.

     26,100        263,984  

Sumitomo Forestry Co. Ltd.

     9,900        150,813  

Sumitomo Heavy Industries Ltd.

     10,500        193,903  

Sumitomo Metal Mining Co. Ltd.

     17,000        488,583  

Sumitomo Mitsui Financial Group, Inc.

     73,500        2,043,345  

Sumitomo Mitsui Trust Holdings, Inc.

     10,907        308,873  

Sumitomo Pharma Co. Ltd.

     17,900        127,499  

Sumitomo Realty & Development Co. Ltd.

     8,300        188,541  

Sumitomo Rubber Industries Ltd.

     20,700        164,605  

Sundrug Co. Ltd.

     10,800        262,268  

Suntory Beverage & Food Ltd.

     6,000        212,650  

Suzuki Motor Corp.

     10,600        328,154  

Sysmex Corp.

     3,300        177,100  

T&D Holdings, Inc.

     25,200        237,994  

Taiheiyo Cement Corp.(a)

     15,300        215,423  

Taisei Corp.

     14,300        397,154  

Takashimaya Co. Ltd.(a)

     26,000        307,340  

Takeda Pharmaceutical Co. Ltd.

     102,000        2,654,558  

Teijin Ltd.

     24,700        239,244  

Terumo Corp.

     7,300        205,466  

TIS, Inc.

     10,600        280,846  

Toda Corp.(a)

     61,800      317,657  

Toho Co. Ltd.

     1,900        68,914  

Tokio Marine Holdings, Inc.(a)

     89,400        1,584,241  

Tokuyama Corp.(a)

     18,200        218,910  

Tokyo Electron Ltd.

     5,500        1,356,524  

Tokyo Ohka Kogyo Co. Ltd.

     1,200        50,074  

Tokyo Seimitsu Co. Ltd.

     5,300        155,985  

Tokyo Steel Manufacturing Co. Ltd.(a)

     5,900        51,400  

Tokyo Tatemono Co. Ltd.

     1,600        22,749  

Tokyu Corp.(a)

     15,600        177,507  

Toshiba Corp.

     11,100        394,783  

Tosoh Corp.

     20,500        228,022  

TOTO Ltd.

     4,000        133,200  

Toyo Seikan Group Holdings Ltd.

     22,300        268,688  

Toyo Suisan Kaisha Ltd.

     5,500        226,467  

Toyo Tire Corp.(a)

     7,000        75,927  

Toyoda Gosei Co. Ltd.

     16,800        253,605  

Toyota Boshoku Corp.

     10,400        127,319  

Toyota Motor Corp.

     459,950        5,961,285  

Toyota Tsusho Corp.

     15,600        482,835  

Trend Micro, Inc.

     7,400        399,793  

Tsuruha Holdings, Inc.

     1,300        76,251  

UBE Corp.

     16,100        214,897  

Ulvac, Inc.

     3,200        113,413  

USS Co. Ltd.

     22,200        343,096  

Wacom Co. Ltd.

     21,300        104,627  

Workman Co. Ltd.(a)

     3,200        101,254  

Yakult Honsha Co. Ltd.

     3,700        214,978  

Yamaguchi Financial Group, Inc.

     67,800        359,739  

Yamaha Motor Co. Ltd.

     19,800        370,297  

Yamato Holdings Co. Ltd.

     15,500        233,124  

Yaskawa Electric Corp.

     2,400        69,059  

Yokogawa Electric Corp.

     10,600        166,603  

Yokohama Rubber Co. Ltd.

     15,700        240,362  
     

 

 

 
Total Japan               114,654,664  
Netherlands – 2.1%

 

Aalberts NV

     6,548        216,626  

Aegon NV(a)

     65,834        264,555  

Akzo Nobel NV

     5,134        293,322  

ASM International NV

     981        224,642  

ASML Holding NV

     3,173        1,347,815  

ASR Nederland NV

     14,419        558,949  

Eurocommercial Properties NV

     5,075        101,224  

Euronext NV(a)(b)

     3,242        206,759  

Heijmans NV, CVA

     8,510        79,783  

Heineken Holding NV

     3,622        250,154  

Heineken NV

     5,336        469,735  

ING Groep NV

     156,075        1,354,378  

Koninklijke Ahold Delhaize NV(a)

     37,066        949,006  

Koninklijke DSM NV

     3,555        409,038  

Koninklijke KPN NV

     265,403        720,725  

Koninklijke Philips NV(a)

     19,936        312,485  

NN Group NV

     30,664        1,200,698  

 

See Notes to Financial Statements.

 

30   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Ordina NV

     59,548      $ 223,136  

PostNL NV(a)

     88,784        149,862  

Randstad NV(a)

     7,608        332,263  

RHI Magnesita NV

     4,290        80,885  

SBM Offshore NV(a)

     11,364        143,557  

Signify NV(b)

     7,103        185,304  

Wolters Kluwer NV

     7,457        729,940  
     

 

 

 
Total Netherlands               10,804,841  
Norway – 2.1%

 

AF Gruppen ASA

     17,620        223,782  

Aker ASA, Class A

     4,379        283,702  

Aker BP ASA(a)

     33,439        959,236  

Atea ASA*

     8,342        74,408  

Austevoll Seafood ASA

     16,620        112,480  

DNB Bank ASA

     60,159        954,230  

Entra ASA(b)

     15,902        148,116  

Equinor ASA

     118,425        3,891,623  

Gjensidige Forsikring ASA

     35,307        605,879  

Hunter Group ASA*

     491,306        98,511  

Kid ASA(b)

     15,139        101,832  

Leroy Seafood Group ASA

     33,253        130,543  

Multiconsult ASA(b)

     7,281        88,196  

Norsk Hydro ASA

     60,053        324,258  

Orkla ASA

     25,504        185,360  

Salmar ASA

     5,167        174,110  

Selvaag Bolig ASA

     60,490        176,242  

SpareBank 1 SR-Bank ASA

     13,868        129,807  

Telenor ASA(a)

     139,813        1,278,650  

Veidekke ASA

     21,846        163,185  

Yara International ASA

     19,637        690,712  
     

 

 

 
Total Norway               10,794,862  
Peru – 0.0%

 

Hochschild Mining PLC

     38,440        25,317  
Portugal – 0.4%

 

EDP – Energias de Portugal SA

     171,014        743,850  

Galp Energia SGPS SA(a)

     61,436        591,265  

Jeronimo Martins SGPS SA

     17,576        328,009  

REN – Redes Energeticas Nacionais SGPS SA

     150,078        355,063  

Sonae SGPS SA

     87,358        70,561  
     

 

 

 
Total Portugal               2,088,748  
Singapore – 2.1%

 

Bukit Sembawang Estates Ltd.(a)

     99,500        310,656  

DBS Group Holdings Ltd.

     131,476        3,059,435  

Genting Singapore Ltd.(a)

     400,800        219,268  

Ho Bee Land Ltd.

     159,300        280,876  

Jardine Cycle & Carriage Ltd.

     17,755        418,107  

Jiutian Chemical Group Ltd.

     1,213,900        65,141  

NetLink NBN Trust

     695,200        438,467  

Olam Group Ltd.

     153,800        140,412  

Oversea-Chinese Banking Corp. Ltd.

     227,395        1,874,753  

Raffles Medical Group Ltd.

     270,900        251,095  

Riverstone Holdings Ltd.(a)

     288,200        115,489  

Sembcorp Industries Ltd.

     127,800      274,321  

Singapore Exchange Ltd.

     71,800        473,363  

Singapore Technologies Engineering Ltd.

     168,700        420,898  

Singapore Telecommunications Ltd.

     495,700        918,922  

United Overseas Bank Ltd.

     104,701        1,908,829  
     

 

 

 
Total Singapore               11,170,032  
Spain – 2.6%

 

Acciona SA

     2,458        434,881  

Acerinox SA

     17,942        144,095  

Banco Bilbao Vizcaya Argentaria SA

     255,158        1,154,966  

Banco Santander SA

     260,380        611,557  

CaixaBank SA

     113,040        366,659  

Cie Automotive SA

     11,118        231,776  

EDP Renovaveis SA

     10,759        221,763  

Enagas SA(a)

     18,370        285,059  

Faes Farma SA

     101,213        367,859  

Ferrovial SA

     22,412        513,549  

Fomento de Construcciones y Contratas SA(a)

     34,286        278,447  

Grupo Catalana Occidente SA

     8,799        221,101  

Iberdrola SA

     295,050        2,769,636  

Industria de Diseno Textil SA

     75,775        1,579,677  

Inmobiliaria Colonial Socimi SA(a)

     25,954        125,502  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros

     97,529        91,914  

Mapfre SA(a)

     236,490        368,367  

Metrovacesa SA(a)(b)

     47,135        287,213  

Naturgy Energy Group SA(a)

     75,989        1,766,523  

Red Electrica Corp. SA

     26,545        408,535  

Repsol SA

     83,964        971,024  

Sacyr SA(a)

     47,477        104,091  

Unicaja Banco SA(b)

     131,540        119,392  

Viscofan SA

     7,158        391,989  
     

 

 

 
Total Spain               13,815,575  
Sweden – 2.4%

 

Assa Abloy AB, Class B

     21,104        398,784  

Atlas Copco AB, Class A

     90,221        852,008  

Atlas Copco AB, Class B

     49,135        412,915  

Axfood AB

     16,887        387,880  

BillerudKorsnas AB

     18,805        222,661  

Boliden AB

     10,792        337,010  

Castellum AB(a)

     19,664        221,757  

Clas Ohlson AB, Class B

     23,516        141,234  

Electrolux AB, Class B(a)

     12,649        132,468  

Epiroc AB, Class A

     22,235        320,877  

EQT AB(a)

     11,809        233,147  

Essity AB, Class B

     18,761        373,276  

Evolution AB(b)

     2,140        171,007  

Fabege AB(a)

     15,307        104,690  

Hexagon AB, Class B

     21,598        203,768  

Intrum AB

     9,473        120,061  

Investment AB Latour, Class B(a)

     9,807        164,017  

Lindab International AB

     2,148        24,137  

Loomis AB

     11,103        274,336  

 

See Notes to Financial Statements.

 

WisdomTree Trust      31  


Schedule of Investments (unaudited) (continued)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Mycronic AB

     7,945      $ 96,650  

Orron Energy AB(a)

     43,135        77,641  

Peab AB, Class B(a)

     32,252        155,339  

Saab AB, Class B

     6,662        208,670  

Samhallsbyggnadsbolaget i Norden AB, Class D(a)

     45,548        68,666  

Sandvik AB(a)

     26,864        369,282  

Securitas AB, Class B(a)

     17,369        121,454  

Skandinaviska Enskilda Banken AB, Class A

     97,008        933,584  

Skanska AB, Class B

     13,822        173,748  

SKF AB, Class B(a)

     15,521        210,140  

Svenska Cellulosa AB SCA, Class B

     14,589        186,676  

Svenska Handelsbanken AB, Class A

     97,878        808,072  

Swedbank AB, Class A

     20,160        266,771  

Swedish Match AB

     56,272        557,776  

Tele2 AB, Class B(a)

     65,724        568,552  

Telefonaktiebolaget LM Ericsson, Class B(a)

     79,917        471,616  

Telia Co. AB

     255,207        736,588  

Trelleborg AB, Class B

     18,698        353,657  

Volvo AB, Class A

     18,827        279,585  

Volvo AB, Class B

     39,235        558,889  

Wihlborgs Fastigheter AB

     29,374        178,269  
     

 

 

 
Total Sweden               12,477,658  
Switzerland – 9.7%

 

ABB Ltd., Registered Shares

     83,277        2,182,928  

Adecco Group AG, Registered Shares

     6,604        183,912  

Baloise Holding AG, Registered Shares

     3,303        425,187  

Banque Cantonale Vaudoise, Registered Shares

     4,312        410,500  

BKW AG

     2,735        328,172  

Cie Financiere Richemont SA, Class A, Registered Shares

     10,630        1,018,234  

Coca-Cola HBC AG

     15,075        318,726  

EMS-Chemie Holding AG, Registered Shares(a)

     953        608,545  

Geberit AG, Registered Shares

     1,108        481,250  

Helvetia Holding AG, Registered Shares

     1,901        179,429  

Holcim AG*

     28,631        1,192,073  

Julius Baer Group Ltd.

     9,158        404,748  

Kuehne + Nagel International AG, Registered Shares(a)

     3,747        769,006  

Logitech International SA, Registered Shares(a)

     4,828        225,397  

Lonza Group AG, Registered Shares

     709        350,304  

Nestle SA, Registered Shares

     111,378        12,117,202  

Novartis AG, Registered Shares

     103,615        7,951,273  

Partners Group Holding AG

     945        772,514  

Roche Holding AG

     19,168        6,299,100  

Roche Holding AG, Bearer Shares(a)

     4,815        1,897,137  

Schindler Holding AG, Participation Certificate

     1,893        297,437  

Schindler Holding AG, Registered Shares

     39        5,944  

SFS Group AG

     2,056        177,974  

SGS SA, Registered Shares

     403        870,079  

Sika AG, Registered Shares

     2,639        538,123  

Sulzer AG, Registered Shares

     4,193        243,890  

Swatch Group AG, Bearer Shares

     1,585        361,527  

Swiss Life Holding AG, Registered Shares

     2,040      908,854  

Swiss Prime Site AG, Registered Shares

     5,802        465,693  

Swisscom AG, Registered Shares

     3,853        1,814,443  

UBS Group AG, Registered Shares

     94,606        1,391,335  

VAT Group AG(b)

     595        123,201  

Vontobel Holding AG, Registered Shares

     3,908        212,027  

Zurich Insurance Group AG

     11,894        4,773,310  
     

 

 

 
Total Switzerland               50,299,474  
United Kingdom – 12.5%

 

Abrdn PLC

     128,016        198,780  

Admiral Group PLC(a)

     38,286        818,231  

Airtel Africa PLC(a)(b)

     241,119        347,756  

Anglo American PLC

     94,173        2,875,702  

Antofagasta PLC

     40,729        507,171  

Ashmore Group PLC(a)

     63,768        140,304  

Ashtead Group PLC

     7,545        344,142  

Assura PLC(a)

     225,314        134,814  

AstraZeneca PLC

     39,668        4,403,339  

Aviva PLC

     224,039        970,867  

BAE Systems PLC

     223,196        1,967,815  

Barclays PLC

     222,494        358,398  

Barratt Developments PLC

     46,530        177,743  

Bellway PLC

     4,052        77,031  

Big Yellow Group PLC

     12,760        150,986  

BP PLC

     931,297        4,502,535  

Britvic PLC

     23,893        191,370  

Bunzl PLC

     15,950        491,417  

Burberry Group PLC

     8,083        163,137  

Central Asia Metals PLC

     56,122        135,948  

Clarkson PLC

     2,567        75,364  

Close Brothers Group PLC

     17,748        183,757  

Coca-Cola Europacific Partners PLC

     10,510        456,118  

ConvaTec Group PLC(b)

     107,298        246,261  

Cranswick PLC

     6,438        192,604  

Croda International PLC

     3,401        244,725  

Currys PLC(a)

     114,972        72,706  

DCC PLC

     2,668        139,652  

Derwent London PLC

     3,731        84,131  

Diageo PLC

     78,800        3,340,448  

Direct Line Insurance Group PLC

     134,681        278,889  

Diversified Energy Co. PLC

     214,421        310,447  

Domino’s Pizza Group PLC(a)

     44,899        111,569  

DS Smith PLC

     35,521        101,866  

Ferrexpo PLC

     127,588        173,191  

Fresnillo PLC(a)

     18,197        156,250  

Games Workshop Group PLC

     952        61,584  

Genus PLC

     202        5,903  

Hargreaves Lansdown PLC(a)

     10,279        99,506  

HSBC Holdings PLC

     830,505        4,332,302  

IMI PLC

     19,598        244,806  

Imperial Brands PLC

     133,111        2,756,377  

Intertek Group PLC

     3,911        161,842  

J. Sainsbury PLC

     105,927        206,103  

 

See Notes to Financial Statements.

 

32   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Equity Fund (DWM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Johnson Matthey PLC

     8,114      $ 165,981  

Jupiter Fund Management PLC(a)

     73,699        75,565  

Kingfisher PLC

     72,216        177,675  

Land Securities Group PLC

     37,626        219,166  

Legal & General Group PLC

     324,532        784,325  

Linde PLC

     8,477        2,318,614  

Lloyds Banking Group PLC

     1,916,418        885,455  

London Stock Exchange Group PLC

     5,079        432,484  

Londonmetric Property PLC(a)

     73,089        142,373  

Mondi PLC

     16,744        260,557  

Morgan Sindall Group PLC

     5,482        90,447  

National Grid PLC

     198,431        2,062,243  

NatWest Group PLC

     287,744        725,610  

OSB Group PLC

     34,333        161,122  

Pan African Resources PLC(a)

     837,401        163,588  

Paragon Banking Group PLC

     37,799        166,586  

Pearson PLC

     27,247        263,644  

QinetiQ Group PLC

     72,888        268,504  

Reckitt Benckiser Group PLC

     23,130        1,543,004  

Redde Northgate PLC

     41,984        135,679  

Redrow PLC

     15,574        69,402  

RELX PLC

     54,954        1,350,819  

Rightmove PLC

     8,793        47,331  

Royal Mail PLC(a)

     40,350        83,081  

RWS Holdings PLC

     21,939        78,370  

Sabre Insurance Group PLC(b)

     71,942        77,900  

Sage Group PLC

     52,508        408,661  

Schroders PLC

     100,523        436,848  

Segro PLC

     36,582        307,499  

Serco Group PLC

     126,598        220,885  

Severn Trent PLC

     10,508        276,243  

Shell PLC

     265,157        6,649,519  

Smith & Nephew PLC

     23,983        281,242  

Smiths Group PLC

     16,541        278,817  

Spectris PLC

     7,749        236,670  

Spirent Communications PLC

     46,688        136,757  

SSE PLC

     89,079        1,518,928  

St. James’s Place PLC

     4,961        57,373  

Standard Chartered PLC

     87,427        553,167  

Tate & Lyle PLC

     50,924        386,556  

Taylor Wimpey PLC

     218,053        214,933  

TBC Bank Group PLC

     1,474        27,446  

Telecom Plus PLC

     14,714      283,499  

Tesco PLC

     255,633        590,131  

TI Fluid Systems PLC(a)(b)

     52,074        70,337  

Tyman PLC

     45,294        99,505  

Unilever PLC

     108,029        4,786,325  

Unite Group PLC

     5,318        50,965  

United Utilities Group PLC

     69,848        693,009  

Vesuvius PLC

     59,110        204,156  

Victrex PLC

     4,251        79,248  

Weir Group PLC

     3,177        49,881  

Wincanton PLC(a)

     34,048        111,173  

Workspace Group PLC

     23,431        104,258  
     

 

 

 
Total United Kingdom               64,857,443  
United States – 0.7%

 

GSK PLC

     240,136        3,500,376  
TOTAL COMMON STOCKS
(Cost: $564,635,163)
              515,294,970  
RIGHTS – 0.0%

 

Australia – 0.0%

 

Atlas Arteria Ltd., expiring 10/6/22
(Cost: $0)
     33,552        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.4%

 

United States – 4.4%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $22,934,545)      22,934,545        22,934,545  
TOTAL INVESTMENTS IN SECURITIES – 103.6%
(Cost: $587,569,708)

 

     538,229,515  

Other Assets less Liabilities – (3.6)%

        (18,630,883
     

 

 

 
NET ASSETS – 100.0%             $ 519,598,632  
* 

Non-income producing security.

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $37,646,446. The Fund also had securities on loan having a total market value of $33,463 that were sold and pending settlement. The total market value of the collateral held by the Fund was $41,758,488. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $18,823,943.

 

(b) 

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

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY      

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 515,294,970      $      $      $ 515,294,970  

Rights

            0               0  

Investment of Cash Collateral for Securities Loaned

            22,934,545               22,934,545  

Total Investments in Securities

   $ 515,294,970      $ 22,934,545      $      $ 538,229,515  

 

See Notes to Financial Statements.

 

WisdomTree Trust      33  


Schedule of Investments (unaudited)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.7%

 

Australia – 18.6%

 

Accent Group Ltd.(a)

     30,451      $ 25,060  

Adairs Ltd.(a)

     29,793        34,671  

Adbri Ltd.

     35,452        41,941  

Alumina Ltd.

     92,450        75,193  

APA Group

     52,137        321,471  

Atlas Arteria Ltd.

     31,553        126,388  

Aurizon Holdings Ltd.

     101,535        225,223  

Australia & New Zealand Banking Group Ltd.

     51,649        757,136  

Bendigo & Adelaide Bank Ltd.(a)

     23,854        119,475  

BHP Group Ltd.

     403,207        9,985,999  

Coles Group Ltd.

     47,821        505,165  

Commonwealth Bank of Australia

     44,425        2,590,669  

Cromwell Property Group

     257,217        110,803  

CSR Ltd.

     27,449        78,535  

Dexus

     52,894        262,543  

Downer EDI Ltd.

     17,425        51,200  

Evolution Mining Ltd.

     43,192        56,929  

Fortescue Metals Group Ltd.

     274,529        2,968,871  

GPT Group

     101,819        250,729  

Growthpoint Properties Australia Ltd.

     56,624        111,768  

Harvey Norman Holdings Ltd.(a)

     59,257        153,921  

Inghams Group Ltd.(a)

     37,014        56,640  

Insignia Financial Ltd.

     16,834        31,929  

Insurance Australia Group Ltd.

     45,333        134,075  

IRESS Ltd.(a)

     6,738        38,643  

JB Hi-Fi Ltd.(a)

     4,876        119,005  

Magellan Financial Group Ltd.(a)

     4,826        34,938  

Medibank Pvt Ltd.

     72,931        162,712  

Metcash Ltd.(a)

     43,327        107,807  

Mirvac Group

     96,371        120,516  

National Australia Bank Ltd.

     77,204        1,430,080  

New Hope Corp. Ltd.(a)

     42,713        172,738  

Newcrest Mining Ltd.

     18,444        200,647  

NIB Holdings Ltd.

     15,297        73,076  

Nick Scali Ltd.(a)

     5,091        30,376  

Nine Entertainment Co. Holdings Ltd.

     48,532        58,195  

NRW Holdings Ltd.

     44,891        68,693  

Orora Ltd.

     48,508        93,565  

Pendal Group Ltd.

     19,217        55,600  

Platinum Asset Management Ltd.

     45,686        49,935  

Rio Tinto Ltd.

     124,259        6,933,945  

Scentre Group

     165,003        269,465  

SmartGroup Corp. Ltd.

     15,180        48,702  

Stockland

     97,061        204,066  

Suncorp Group Ltd.

     50,142        323,355  

Super Retail Group Ltd.(a)

     11,323        64,647  

Telstra Corp. Ltd.(a)

     539,302        1,334,965  

Vicinity Centres

     185,171        206,562  

Wesfarmers Ltd.

     36,626        1,006,000  

Westpac Banking Corp.

     62,847        834,010  

Worley Ltd.(a)

     20,315        166,273  
     

 

 

 
Total Australia               33,284,850  
Austria – 0.8%

 

BAWAG Group AG(b)

     5,662      246,610  

Oesterreichische Post AG(a)

     3,314        88,631  

OMV AG

     12,009        439,644  

Semperit AG Holding(a)

     1,853        31,223  

Strabag SE, Bearer Shares

     11,139        421,215  

Telekom Austria AG*

     26,440        153,080  
     

 

 

 
Total Austria               1,380,403  
Belgium – 0.5%

 

Aedifica SA

     851        65,736  

Cofinimmo SA

     1,421        118,049  

Econocom Group SA/NV

     18,960        47,364  

Etablissements Franz Colruyt NV(a)

     3,442        75,869  

Proximus SADP

     17,954        186,351  

Solvay SA

     2,705        211,042  

Telenet Group Holding NV

     10,511        145,292  
     

 

 

 
Total Belgium               849,703  
China – 2.5%

 

Beijing Enterprises Holdings Ltd.

     46,000        129,212  

BOC Hong Kong Holdings Ltd.

     280,047        932,907  

China Everbright Environment Group Ltd.

     281,000        116,697  

China Merchants Port Holdings Co. Ltd.

     230,000        289,188  

China Power International Development Ltd.

     325,000        129,588  

China Taiping Insurance Holdings Co. Ltd.

     56,200        47,323  

CITIC Ltd.

     1,453,000        1,369,725  

CITIC Telecom International Holdings Ltd.

     449,000        145,283  

Guangdong Investment Ltd.(a)

     294,000        235,578  

Lenovo Group Ltd.

     366,000        254,571  

Shoucheng Holdings Ltd.

     448,000        67,914  

Shougang Fushan Resources Group Ltd.

     420,838        122,768  

Sino-Ocean Group Holding Ltd.

     625,500        65,340  

Wilmar International Ltd.

     148,400        397,140  

Yanlord Land Group Ltd.

     164,100        109,217  
     

 

 

 
Total China               4,412,451  
Denmark – 0.4%

 

Alm Brand A/S

     33,917        41,559  

D/S Norden A/S

     2,436        103,154  

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

     6,132        89,275  

Topdanmark A/S

     1,651        77,309  

Tryg A/S

     15,766        325,918  
     

 

 

 
Total Denmark               637,215  
Finland – 2.5%

 

Elisa Oyj

     10,635        482,901  

Fortum Oyj

     40,189        542,141  

Kemira Oyj

     9,031        100,416  

Nokian Renkaat Oyj

     6,906        66,978  

Nordea Bank Abp

     209,368        1,804,932  

Orion Oyj, Class B

     3,743        157,967  

Sampo Oyj, Class A

     11,173        478,981  

Sanoma Oyj

     8,661        104,023  

TietoEVRY Oyj(a)

     4,410        100,489  

UPM-Kymmene Oyj

     21,616        689,917  
     

 

 

 
Total Finland               4,528,745  

 

See Notes to Financial Statements.

 

34   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  
France – 7.6%

 

ALD SA(a)(b)

     23,715      $ 219,778  

Amundi SA(b)

     3,734        157,148  

AXA SA

     108,885        2,397,389  

BNP Paribas SA

     30,156        1,288,193  

Bouygues SA(a)

     13,793        362,806  

Chargeurs SA(a)

     3,371        39,166  

Covivio

     3,488        169,211  

Credit Agricole SA

     96,995        794,757  

Danone SA

     17,098        813,550  

Eiffage SA

     2,629        212,530  

Engie SA

     78,652        912,443  

Eutelsat Communications SA(a)

     13,578        105,349  

Gecina SA

     2,442        192,461  

ICADE

     3,168        118,555  

Imerys SA

     3,343        101,721  

Klepierre SA*

     10,350        181,495  

Metropole Television SA

     12,762        154,903  

Nexity SA

     4,403        90,064  

Orange SA

     185,768        1,683,021  

Publicis Groupe SA

     9,578        458,833  

Rubis SCA

     5,908        123,800  

Sanofi

     34,732        2,667,575  

Societe BIC SA

     1,912        121,564  

Television Francaise 1

     12,864        74,290  

Trigano SA

     689        61,153  

Verallia SA(b)

     4,224        95,672  
     

 

 

 
Total France               13,597,427  
Germany – 5.9%

 

Allianz SE, Registered Shares

     10,131        1,605,838  

BASF SE

     35,129        1,362,799  

Bayer AG, Registered Shares

     29,932        1,390,344  

Bilfinger SE

     3,352        84,722  

Deutsche Telekom AG, Registered Shares

     133,506        2,287,763  

DWS Group GmbH & Co. KGaA(b)

     5,575        134,136  

E.ON SE

     124,114        960,061  

Evonik Industries AG

     14,756        249,361  

Freenet AG

     10,719        204,242  

Hannover Rueck SE

     2,702        408,169  

HeidelbergCement AG

     4,935        197,492  

Hochtief AG

     3,153        150,920  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     2,722        659,985  

TAG Immobilien AG

     3,967        31,926  

Talanx AG*

     5,859        208,927  

Telefonica Deutschland Holding AG

     166,632        338,399  

Vonovia SE

     14,918        324,586  
     

 

 

 
Total Germany               10,599,670  
Hong Kong – 3.5%

 

Bank of East Asia Ltd.

     70,200        76,908  

CLP Holdings Ltd.

     115,000        869,470  

Fortune Real Estate Investment Trust

     132,000        96,185  

Hang Lung Group Ltd.

     73,000        117,917  

Hang Lung Properties Ltd.

     135,000      221,506  

Hang Seng Bank Ltd.

     57,918        879,479  

Henderson Land Development Co. Ltd.

     198,220        555,528  

Hutchison Port Holdings Trust

     585,023        107,644  

Hysan Development Co. Ltd.

     37,000        93,232  

Kowloon Development Co. Ltd.

     111,000        128,253  

Link REIT

     61,700        431,512  

Power Assets Holdings Ltd.

     143,518        720,341  

Singamas Container Holdings Ltd.

     290,000        22,166  

Sino Land Co. Ltd.

     264,000        349,090  

Sun Hung Kai Properties Ltd.

     103,000        1,139,575  

Swire Pacific Ltd., Class B

     100,000        116,817  

Swire Properties Ltd.

     182,000        391,827  
     

 

 

 
Total Hong Kong               6,317,450  
Indonesia – 0.0%

 

Nickel Industries Ltd.

     78,710        39,979  
Israel – 0.2%

 

Ashtrom Group Ltd.

     5,318        112,129  

Delek Automotive Systems Ltd.

     10,890        147,749  

Delek Group Ltd.*

     0        27  

G City Ltd.

     10,047        46,887  

Phoenix Holdings Ltd.

     7,864        75,102  
     

 

 

 
Total Israel               381,894  
Italy – 4.7%

 

A2A SpA(a)

     130,026        127,354  

ACEA SpA

     8,293        90,504  

Anima Holding SpA(b)

     25,930        74,429  

Assicurazioni Generali SpA(a)

     64,117        880,627  

Azimut Holding SpA

     4,011        57,781  

Banca Mediolanum SpA

     33,453        212,036  

BFF Bank SpA(b)

     13,979        93,397  

Enel SpA

     372,690        1,542,206  

Eni SpA

     145,251        1,552,440  

Esprinet SpA

     5,028        30,884  

Intesa Sanpaolo SpA

     691,701        1,153,859  

Iren SpA

     55,510        73,794  

Italgas SpA

     48,753        228,106  

Mediobanca Banca di Credito Finanziario SpA(a)

     28,822        227,578  

Poste Italiane SpA(b)

     25,825        197,083  

Snam SpA

     194,153        788,577  

Terna – Rete Elettrica Nazionale(a)

     95,403        584,135  

Unieuro SpA(a)(b)

     3,898        39,180  

Unipol Gruppo SpA

     20,385        79,761  

UnipolSai Assicurazioni SpA(a)

     125,823        262,549  
     

 

 

 
Total Italy               8,296,280  
Japan – 19.8%

 

Aisin Corp.(a)

     9,700        248,623  

Akita Bank Ltd.

     4,400        49,002  

Aozora Bank Ltd.(a)

     8,500        151,625  

Asahi Holdings, Inc.(a)

     3,800        53,294  

Avex, Inc.(a)

     6,700        71,330  

Bank of Saga Ltd.(a)

     8,200        86,167  

 

See Notes to Financial Statements.

 

WisdomTree Trust      35  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  

Canon, Inc.(a)

     32,100      $ 703,452  

Chubu Electric Power Co., Inc.(a)

     26,600        239,638  

Chugoku Electric Power Co., Inc.(a)

     19,300        97,870  

Concordia Financial Group Ltd.

     37,500        115,807  

Cosmo Energy Holdings Co. Ltd.(a)

     3,800        97,399  

Daito Trust Construction Co. Ltd.

     1,800        168,752  

Daiwa House Industry Co. Ltd.

     16,300        331,473  

Daiwa Securities Group, Inc.(a)

     56,300        220,307  

Daiwabo Holdings Co. Ltd.

     4,300        55,345  

Denka Co. Ltd.(a)

     3,100        67,999  

Electric Power Development Co. Ltd.

     9,900        140,075  

ENEOS Holdings, Inc.(a)

     186,400        598,947  

FIDEA Holdings Co. Ltd.(a)

     7,300        63,597  

Forum Engineering, Inc.

     10,000        63,007  

Fukuoka Financial Group, Inc.

     8,500        150,686  

H.U. Group Holdings, Inc.

     4,600        83,899  

Haseko Corp.

     14,600        158,462  

Hulic Co. Ltd.

     21,600        158,629  

Idemitsu Kosan Co. Ltd.(a)

     13,900        301,057  

Inpex Corp.

     43,400        407,479  

Isuzu Motors Ltd.

     20,400        225,077  

Japan Post Holdings Co. Ltd.

     117,300        776,111  

Japan Post Insurance Co. Ltd.

     14,600        204,357  

Japan Tobacco, Inc.

     142,600        2,338,819  

JFE Holdings, Inc.(a)

     18,500        171,395  

K’s Holdings Corp.(a)

     11,700        96,594  

Kajima Corp.

     21,300        202,044  

Kansai Electric Power Co., Inc.

     36,100        302,278  

KDDI Corp.

     85,900        2,518,040  

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

     700        21,134  

Konica Minolta, Inc.(a)

     23,800        73,334  

Kuraray Co. Ltd.

     15,500        108,263  

Kyushu Electric Power Co., Inc.

     21,200        113,071  

Kyushu Railway Co.

     5,300        114,425  

Marubeni Corp.

     57,000        499,333  

Mitsubishi Corp.(a)

     43,276        1,186,357  

Mitsubishi Gas Chemical Co., Inc.

     7,600        99,552  

Mitsubishi HC Capital, Inc.

     44,100        189,507  

Mitsubishi Heavy Industries Ltd.

     11,200        371,876  

Mitsubishi Materials Corp.

     7,600        104,435  

Mitsubishi UFJ Financial Group, Inc.

     296,100        1,332,752  

Mitsui OSK Lines Ltd.(a)

     26,300        472,780  

Mizuho Financial Group, Inc.

     66,760        720,664  

MS&AD Insurance Group Holdings, Inc.

     14,500        384,276  

Neturen Co. Ltd.

     12,900        57,216  

NGK Spark Plug Co. Ltd.

     9,900        175,231  

Nikko Co. Ltd.

     26,800        112,018  

Nintendo Co. Ltd.

     36,000        1,455,967  

Nippon Electric Glass Co. Ltd.

     3,200        55,115  

Nippon Telegraph & Telephone Corp.

     150,600        4,063,999  

Nippon Yusen KK(a)

     28,200        480,634  

Nishimatsu Construction Co. Ltd.(a)

     7,300        191,395  

Nittoc Construction Co. Ltd.(a)

     20,100        124,145  

NS United Kaiun Kaisha Ltd.(a)

     900        23,472  

Resona Holdings, Inc.

     74,900      273,220  

SBI Holdings, Inc.

     5,200        93,262  

Scroll Corp.(a)

     5,100        24,699  

Sekisui House Ltd.

     21,400        354,979  

Shimizu Corp.

     27,400        134,213  

SoftBank Corp.(a)

     306,900        3,066,986  

Sojitz Corp.

     8,380        122,969  

Sompo Holdings, Inc.

     12,600        501,580  

Sumitomo Chemical Co. Ltd.(a)

     47,600        163,441  

Sumitomo Corp.

     45,000        560,382  

Sumitomo Metal Mining Co. Ltd.

     9,600        275,906  

Sumitomo Mitsui Financial Group, Inc.

     38,500        1,070,324  

Sumitomo Mitsui Trust Holdings, Inc.

     10,200        288,851  

Sumitomo Rubber Industries Ltd.

     15,100        120,074  

T&D Holdings, Inc.

     11,800        111,442  

Taisei Corp.

     8,600        238,848  

Takeda Pharmaceutical Co. Ltd.

     68,600        1,785,320  

Tama Home Co. Ltd.(a)

     2,600        42,212  

Teijin Ltd.(a)

     10,400        100,734  

Tekken Corp.

     8,200        100,500  

Tokio Marine Holdings, Inc.(a)

     39,600        701,744  

Tosoh Corp.

     10,500        116,792  

Toyo Seikan Group Holdings Ltd.

     9,900        119,283  

Yahagi Construction Co. Ltd.

     12,200        62,035  

YAMADA Consulting Group Co. Ltd.(a)

     7,400        61,298  

Yamada Holdings Co. Ltd.

     42,900        141,078  

Yamaha Motor Co. Ltd.

     14,400        269,307  

Yamanashi Chuo Bank Ltd.

     10,400        83,203  

Yokohama Rubber Co. Ltd.

     9,800        150,035  
     

 

 

 
Total Japan               35,384,304  
Netherlands – 1.5%

 

ASR Nederland NV

     4,065        157,579  

ING Groep NV

     73,387        636,833  

Koninklijke KPN NV

     220,122        597,761  

Koninklijke Vopak NV

     4,208        77,088  

NN Group NV

     13,259        519,178  

Ordina NV

     21,015        78,747  

PostNL NV(a)

     68,735        116,020  

Randstad NV(a)

     6,909        301,735  

RHI Magnesita NV

     2,211        41,687  

SBM Offshore NV(a)

     8,440        106,619  

Signify NV(b)

     4,590        119,744  
     

 

 

 
Total Netherlands               2,752,991  
Norway – 2.2%

 

ABG Sundal Collier Holding ASA

     96,811        49,040  

AF Gruppen ASA

     8,509        108,068  

Aker BP ASA(a)

     23,218        666,035  

Atea ASA*

     4,696        41,887  

Austevoll Seafood ASA

     6,142        41,568  

DNB Bank ASA

     32,979        523,106  

Gjensidige Forsikring ASA

     13,896        238,459  

Kid ASA(b)

     8,301        55,836  

Kongsberg Gruppen ASA

     5,853        178,320  

 

See Notes to Financial Statements.

 

36   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  

Orkla ASA

     29,864      $ 217,048  

Salmar ASA

     2,952        99,472  

Storebrand ASA

     9,054        62,696  

Telenor ASA(a)

     100,508        919,188  

TGS ASA

     9,949        122,340  

Veidekke ASA

     10,188        76,102  

Yara International ASA

     13,319        468,483  
     

 

 

 
Total Norway               3,867,648  
Portugal – 0.6%

 

EDP – Energias de Portugal SA

     110,186        479,270  

Galp Energia SGPS SA(a)

     38,535        370,864  

Navigator Co. SA

     29,066        99,262  

REN – Redes Energeticas Nacionais SGPS SA

     53,433        126,415  

Sonae SGPS SA

     78,590        63,479  
     

 

 

 
Total Portugal               1,139,290  
Singapore – 2.4%

 

Bukit Sembawang Estates Ltd.

     35,500        110,837  

Hour Glass Ltd.(a)

     49,400        72,298  

Jardine Cycle & Carriage Ltd.

     9,000        211,938  

Keppel Corp. Ltd.

     46,800        226,678  

Keppel Infrastructure Trust

     420,521        158,256  

NetLink NBN Trust

     262,600        165,623  

Olam Group Ltd.

     144,800        132,196  

Oversea-Chinese Banking Corp. Ltd.

     114,992        948,049  

Propnex Ltd.(a)

     51,500        53,837  

Riverstone Holdings Ltd.(a)

     131,700        52,775  

Sembcorp Industries Ltd.

     36,700        78,776  

Sheng Siong Group Ltd.

     95,000        104,607  

Singapore Exchange Ltd.

     16,200        106,803  

Singapore Technologies Engineering Ltd.

     127,300        317,607  

Singapore Telecommunications Ltd.

     338,400        627,321  

United Overseas Bank Ltd.

     47,600        867,807  

Venture Corp. Ltd.

     7,300        83,587  
     

 

 

 
Total Singapore               4,318,995  
Spain – 3.0%

 

Acerinox SA

     12,708        102,060  

Aedas Homes SA(b)

     3,307        47,170  

Bankinter SA(a)

     18,756        105,946  

Cia de Distribucion Integral Logista Holdings SA

     11,990        219,063  

ContourGlobal PLC(b)

     43,715        122,974  

Ebro Foods SA(a)

     5,292        77,350  

Enagas SA(a)

     17,914        277,983  

Fomento de Construcciones y Contratas SA(a)

     14,183        115,184  

Iberdrola SA

     204,904        1,923,435  

Mapfre SA(a)

     114,999        179,127  

Naturgy Energy Group SA(a)

     45,502        1,057,789  

Prosegur Cash SA(a)(b)

     105,881        65,866  

Red Electrica Corp. SA

     22,210        341,819  

Repsol SA

     59,796        691,527  
     

 

 

 
Total Spain               5,327,293  
Sweden – 1.3%

 

Axfood AB

     9,935        228,198  

Bilia AB, Class A

     3,742        43,060  

Electrolux AB, Class B(a)

     9,115      95,458  

Intrum AB

     4,424        56,070  

JM AB

     2,735        38,126  

Orron Energy AB(a)

     29,007        52,211  

Peab AB, Class B(a)

     15,905        76,605  

Skandinaviska Enskilda Banken AB, Class A

     52,176        502,131  

Svenska Handelsbanken AB, Class A

     44,649        368,618  

Tele2 AB, Class B(a)

     33,867        292,970  

Telia Co. AB(a)

     179,397        517,782  
     

 

 

 
Total Sweden               2,271,229  
Switzerland – 6.4%

 

Adecco Group AG, Registered Shares

     6,115        170,294  

Allreal Holding AG, Registered Shares

     707        99,127  

Baloise Holding AG, Registered Shares

     1,360        175,069  

Banque Cantonale Vaudoise, Registered Shares

     2,671        254,278  

Clariant AG, Registered Shares*(a)

     10,840        175,114  

Helvetia Holding AG, Registered Shares

     1,570        148,187  

Holcim AG*

     19,595        815,853  

Landis + Gyr Group AG*

     1,250        68,326  

Novartis AG, Registered Shares

     68,890        5,286,525  

OC Oerlikon Corp. AG, Registered Shares

     15,283        98,600  

PSP Swiss Property AG, Registered Shares

     1,976        198,754  

Sulzer AG, Registered Shares

     1,241        72,184  

Swiss Life Holding AG, Registered Shares

     741        330,128  

Swiss Prime Site AG, Registered Shares

     2,232        179,150  

Swisscom AG, Registered Shares

     2,226        1,048,261  

Zurich Insurance Group AG

     5,639        2,263,048  
     

 

 

 
Total Switzerland               11,382,898  
United Kingdom – 13.0%

 

Abrdn PLC

     64,163        99,630  

Admiral Group PLC

     17,699        378,255  

Airtel Africa PLC(a)(b)

     84,163        121,385  

Anglo American PLC

     63,201        1,929,929  

Antofagasta PLC

     27,503        342,476  

Ashmore Group PLC(a)

     30,988        68,181  

Assura PLC

     103,728        62,064  

Aviva PLC

     120,789        523,436  

BAE Systems PLC

     151,380        1,334,647  

Barratt Developments PLC

     32,215        123,061  

BP PLC

     631,723        3,054,187  

Close Brothers Group PLC

     7,968        82,498  

Direct Line Insurance Group PLC

     52,995        109,739  

Diversified Energy Co. PLC

     126,347        182,930  

Drax Group PLC

     15,079        101,080  

Ferrexpo PLC

     83,767        113,707  

Hargreaves Lansdown PLC(a)

     7,367        71,317  

HSBC Holdings PLC

     376,381        1,963,379  

Imperial Brands PLC

     91,496        1,894,640  

Investec PLC

     17,506        70,957  

J. Sainsbury PLC

     56,501        109,935  

Jupiter Fund Management PLC(a)

     37,968        38,929  

Kingfisher PLC

     53,680        132,070  

Land Securities Group PLC

     27,333        159,211  

 

See Notes to Financial Statements.

 

WisdomTree Trust      37  


Schedule of Investments (unaudited) (continued)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

 

 

Investments    Shares      Value  

Legal & General Group PLC

     187,507      $ 453,165  

Londonmetric Property PLC(a)

     47,626        92,773  

Moneysupermarket.com Group PLC

     36,844        76,418  

National Grid PLC

     139,330        1,448,021  

OSB Group PLC

     19,863        93,215  

Redde Northgate PLC

     22,632        73,139  

Redrow PLC

     13,381        59,629  

Severn Trent PLC

     7,384        194,117  

Shell PLC

     93,727        2,350,454  

SSE PLC

     59,328        1,011,630  

St. James’s Place PLC

     8,334        96,382  

Synthomer PLC

     21,034        25,006  

Tate & Lyle PLC

     22,778        172,904  

Taylor Wimpey PLC

     139,524        137,528  

Tesco PLC

     196,074        452,638  

Unilever PLC

     69,073        3,060,343  

United Utilities Group PLC

     32,751        324,945  

Vistry Group PLC(a)

     6,000        39,450  
     

 

 

 
Total United Kingdom               23,229,400  
United States – 1.3%

 

GSK PLC      161,855        2,359,303  
TOTAL COMMON STOCKS
(Cost: $212,055,648)
              176,359,418  
RIGHTS – 0.0%

 

Australia – 0.0%

 

Atlas Arteria Ltd., expiring 10/6/22
(Cost: $0)
     15,765        0  
EXCHANGE-TRADED FUND – 0.5%

 

United States – 0.5%

 

WisdomTree International LargeCap Dividend Fund(a)(c)

     

(Cost: $1,006,214)

     25,144      940,888  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.8%

 

United States – 6.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

 

(Cost: $12,138,216)      12,138,216        12,138,216  
TOTAL INVESTMENTS IN SECURITIES – 106.0%
(Cost: $225,200,078)

 

     189,438,522  

Other Assets less Liabilities – (6.0)%

        (10,643,531
     

 

 

 
NET ASSETS – 100.0%             $ 178,794,991  
* 

Non-income producing security.

 

Share amount represents a fractional share.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $15,973,125 and the total market value of the collateral held by the Fund was $17,817,987. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,679,771.

 

(b) 

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

 

(c) 

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

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

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, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
    

Change in
Unrealized
Appreciation/

Depreciation

     Value at
9/30/2022
     Dividend
Income
 

WisdomTree International LargeCap Dividend Fund

   $ 882,052      $ 4,857,557      $ 4,185,119      $ (526,494    $ (87,108    $ 940,888      $ 87,261  

 

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

UBS AG

    10/3/2022       55,366       USD       50,000       GBP     $     $ (449 ) 

 

See Notes to Financial Statements.

 

38   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International High Dividend Fund (DTH)

September 30, 2022

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

   

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

    

Investments in Securities

 

    

Common Stocks

   $ 176,359,418      $     $      $ 176,359,418  

Rights

            0              0  

Exchange-Traded Fund

     940,888                     940,888  

Investment of Cash Collateral for Securities Loaned

            12,138,216              12,138,216  

Total Investments in Securities

   $ 177,300,306      $ 12,138,216     $      $ 189,438,522  

Liabilities:

 

    

Financial Derivative Instruments

 

    

Foreign Currency Contracts1

   $      $ (449   $      $ (449

Total – Net

   $ 177,300,306      $ 12,137,767     $      $ 189,438,073  
1 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      39  


Schedule of Investments (unaudited)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%

 

Australia – 14.0%

 

Australia & New Zealand Banking Group Ltd.(a)

     110,580      $ 1,621,021  

BHP Group Ltd.

     579,824        14,360,172  

Coles Group Ltd.

     73,534        776,789  

Commonwealth Bank of Australia

     91,402        5,330,159  

CSL Ltd.

     4,817        882,733  

Fortescue Metals Group Ltd.(a)

     393,588        4,256,425  

Goodman Group(a)

     42,416        430,342  

Macquarie Group Ltd.

     9,476        930,583  

National Australia Bank Ltd.

     158,539        2,936,679  

Rio Tinto Ltd.

     177,644        9,915,286  

Telstra Corp. Ltd.(a)

     766,999        1,898,597  

Transurban Group

     88,888        705,238  

Wesfarmers Ltd.

     54,593        1,499,496  

Westpac Banking Corp.

     130,866        1,736,655  

Woodside Energy Group Ltd.

     107,966        2,197,734  

Woolworths Group Ltd.(a)

     52,696        1,150,256  
     

 

 

 
Total Australia               50,628,165  
Austria – 0.2%

 

OMV AG

     18,931        693,055  
Belgium – 0.3%

 

Anheuser-Busch InBev SA

     18,972        868,798  

UCB SA

     2,714        189,092  
     

 

 

 
Total Belgium               1,057,890  
China – 1.3%

 

BOC Hong Kong Holdings Ltd.

     565,134        1,882,604  

China Resources Beer Holdings Co. Ltd.

     26,000        181,009  

CITIC Ltd.

     2,090,000        1,970,216  

Wilmar International Ltd.

     220,400        589,822  
     

 

 

 
Total China               4,623,651  
Denmark – 1.6%

 

AP Moller – Maersk A/S, Class B

     242        442,078  

Carlsberg A/S, Class B

     2,702        318,192  

Coloplast A/S, Class B

     4,165        425,724  

Novo Nordisk A/S, Class B

     39,070        3,919,406  

Orsted A/S(b)

     5,835        467,037  

Vestas Wind Systems A/S

     7,139        133,207  
     

 

 

 
Total Denmark               5,705,644  
Finland – 2.1%

 

Fortum Oyj

     58,599        790,487  

Kone Oyj, Class B

     14,803        574,415  

Neste Oyj

     13,102        575,025  

Nordea Bank Abp

     435,044        3,750,454  

Sampo Oyj, Class A

     22,047        945,143  

UPM-Kymmene Oyj

     24,681        787,743  
     

 

 

 
Total Finland               7,423,267  
France – 11.3%

 

Air Liquide SA

     16,117        1,856,157  

Amundi SA(b)

     8,798        370,270  

AXA SA

     225,843        4,972,527  

BNP Paribas SA

     61,253      2,616,583  

Capgemini SE

     3,447        558,869  

Cie de Saint-Gobain

     19,512        708,208  

Cie Generale des Etablissements Michelin SCA

     20,915        474,431  

Credit Agricole SA

     204,796        1,678,056  

Danone SA

     25,964        1,235,408  

Electricite de France SA(a)

     57,395        668,539  

Engie SA

     114,954        1,333,583  

EssilorLuxottica SA

     6,409        881,198  

Hermes International

     606        722,494  

Kering SA

     1,724        774,453  

L’Oreal SA

     9,335        3,020,146  

Legrand SA

     7,017        458,234  

LVMH Moet Hennessy Louis Vuitton SE

     8,593        5,138,427  

Orange SA

     267,774        2,425,979  

Pernod Ricard SA

     4,284        792,569  

Publicis Groupe SA

     16,280        779,891  

Safran SA

     2,040        187,878  

Sanofi

     50,414        3,872,024  

Schneider Electric SE

     16,987        1,946,035  

Societe Generale SA

     18,136        362,712  

Thales SA(a)

     5,837        646,158  

Veolia Environnement SA

     27,307        527,268  

Vinci SA

     19,289        1,571,619  
     

 

 

 
Total France               40,579,716  
Germany – 7.9%

 

adidas AG

     2,573        299,654  

Allianz SE, Registered Shares

     21,027        3,332,934  

BASF SE

     50,945        1,976,367  

Bayer AG, Registered Shares

     43,310        2,011,753  

Bayerische Motoren Werke AG

     13,971        957,931  

Deutsche Boerse AG

     4,614        760,507  

Deutsche Post AG, Registered Shares

     50,167        1,529,181  

Deutsche Telekom AG, Registered Shares

     196,065        3,359,776  

Deutsche Wohnen SE

     11,050        211,144  

E.ON SE

     185,274        1,433,153  

Fresenius SE & Co. KGaA

     12,662        272,275  

Hannover Rueck SE

     5,675        857,277  

Hapag-Lloyd AG(b)

     5,343        914,427  

Henkel AG & Co. KGaA

     7,772        443,887  

Knorr-Bremse AG

     3,090        134,343  

Mercedes-Benz Group AG

     27,348        1,402,533  

Merck KGaA

     1,645        268,802  

Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares

     5,813        1,409,439  

RWE AG

     19,413        718,688  

SAP SE

     20,499        1,689,284  

Siemens AG, Registered Shares

     22,641        2,244,641  

Siemens Healthineers AG(b)

     17,257        748,589  

Vantage Towers AG

     12,524        325,623  

Volkswagen AG

     5,254        868,055  

Vonovia SE

     22,974        499,869  
     

 

 

 
Total Germany               28,670,132  

 

See Notes to Financial Statements.

 

40   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2022

 

 

 

Investments    Shares      Value  
Hong Kong – 2.9%

 

AIA Group Ltd.

     195,604      $ 1,630,885  

CLP Holdings Ltd.

     170,000        1,285,303  

Hang Seng Bank Ltd.

     121,118        1,839,165  

Henderson Land Development Co. Ltd.

     297,219        832,981  

Hong Kong & China Gas Co. Ltd.

     567,925        500,648  

Hong Kong Exchanges & Clearing Ltd.

     25,424        873,172  

Link REIT

     94,800        663,005  

MTR Corp. Ltd.

     193,438        888,348  

Sun Hung Kai Properties Ltd.

     152,442        1,686,593  

Techtronic Industries Co. Ltd.

     18,000        173,926  
     

 

 

 
Total Hong Kong               10,374,026  
Ireland – 0.2%

 

CRH PLC(a)

     23,066        747,270  
Italy – 3.0%

 

Assicurazioni Generali SpA(a)

     135,984        1,867,698  

Enel SpA

     553,777        2,291,552  

Eni SpA(a)

     211,705        2,262,699  

Intesa Sanpaolo SpA

     1,474,019        2,458,881  

Moncler SpA

     4,913        204,024  

Poste Italiane SpA(b)

     57,143        436,085  

Snam SpA

     279,583        1,135,562  

UniCredit SpA

     26,847        275,052  
     

 

 

 
Total Italy               10,931,553  
Japan – 17.7%

 

Advantest Corp.(a)

     4,600        212,926  

Aeon Co. Ltd.

     17,145        320,229  

Asahi Group Holdings Ltd.

     14,135        437,883  

Astellas Pharma, Inc.

     51,500        682,065  

Bridgestone Corp.

     23,755        766,259  

Canon, Inc.

     44,836        982,554  

Chugai Pharmaceutical Co. Ltd.

     26,600        666,355  

Dai-ichi Life Holdings, Inc.

     33,900        536,798  

Daikin Industries Ltd.

     2,000        308,059  

Daiwa House Industry Co. Ltd.

     24,100        490,092  

Denso Corp.

     16,300        741,662  

FANUC Corp.

     3,775        528,388  

Fast Retailing Co. Ltd.

     700        370,977  

FUJIFILM Holdings Corp.

     12,300        561,613  

Fujitsu Ltd.

     2,200        239,918  

Hitachi Ltd.

     17,700        747,644  

Honda Motor Co. Ltd.

     62,400        1,352,370  

Hoya Corp.

     3,000        287,678  

ITOCHU Corp.

     75,300        1,821,309  

Japan Post Holdings Co. Ltd.

     238,800        1,580,011  

Japan Tobacco, Inc.

     209,009        3,428,010  

Kao Corp.

     14,100        574,540  

KDDI Corp.

     125,380        3,675,342  

Keyence Corp.

     900        297,834  

Kirin Holdings Co. Ltd.

     36,900        567,732  

Komatsu Ltd.

     22,167        399,862  

Kyowa Kirin Co. Ltd.

     7,800        178,638  

Lasertec Corp.(a)

     700        71,066  

Mitsubishi Corp.(a)

     60,205      1,650,443  

Mitsubishi Electric Corp.

     61,481        554,091  

Mitsubishi UFJ Financial Group, Inc.

     612,000        2,754,624  

Mitsui Fudosan Co. Ltd.

     19,800        376,794  

Mizuho Financial Group, Inc.

     138,814        1,498,476  

MS&AD Insurance Group Holdings, Inc.

     31,400        832,156  

Murata Manufacturing Co. Ltd.

     16,710        765,627  

Nidec Corp.

     2,900        162,886  

Nintendo Co. Ltd.

     55,300        2,236,528  

Nippon Steel Corp.

     34,100        472,705  

Nippon Telegraph & Telephone Corp.

     215,204        5,807,363  

NTT Data Corp.

     17,400        224,314  

Olympus Corp.

     12,600        241,867  

Omron Corp.

     2,200        100,558  

Otsuka Holdings Co. Ltd.

     16,000        506,712  

Panasonic Holdings Corp.(a)

     44,584        312,484  

Recruit Holdings Co. Ltd.

     5,500        158,109  

Seven & I Holdings Co. Ltd.

     21,200        850,373  

SG Holdings Co. Ltd.

     13,400        183,302  

Shimano, Inc.

     1,200        188,525  

Shin-Etsu Chemical Co. Ltd.

     6,200        613,810  

Shionogi & Co. Ltd.

     4,600        222,111  

SMC Corp.

     650        261,446  

SoftBank Corp.(a)

     440,500        4,402,109  

SoftBank Group Corp.

     14,480        490,186  

Sony Group Corp.

     5,800        372,094  

Sumitomo Corp.

     61,110        760,999  

Sumitomo Mitsui Financial Group, Inc.

     77,794        2,162,721  

Suzuki Motor Corp.

     12,617        390,596  

Takeda Pharmaceutical Co. Ltd.

     99,000        2,576,483  

Tokio Marine Holdings, Inc.(a)

     78,900        1,398,173  

Tokyo Electron Ltd.

     4,450        1,097,551  

Toshiba Corp.

     13,000        462,358  

Toyota Motor Corp.

     442,665        5,737,259  
     

 

 

 
Total Japan               63,653,647  
Netherlands – 1.8%

 

ASM International NV

     578        132,358  

ASML Holding NV

     2,872        1,219,957  

Heineken NV

     6,995        615,779  

ING Groep NV

     152,594        1,324,171  

Koninklijke Ahold Delhaize NV(a)

     33,308        852,790  

Koninklijke DSM NV

     2,799        322,052  

Koninklijke Philips NV(a)

     21,815        341,937  

NN Group NV

     28,025        1,097,364  

Wolters Kluwer NV

     7,176        702,434  
     

 

 

 
Total Netherlands               6,608,842  
Norway – 1.6%

 

DNB Bank ASA

     66,032        1,047,386  

Equinor ASA

     105,321        3,461,006  

Telenor ASA(a)

     140,060        1,280,909  
     

 

 

 
Total Norway               5,789,301  
Portugal – 0.2%

 

EDP – Energias de Portugal SA

     182,693        794,650  

 

See Notes to Financial Statements.

 

WisdomTree Trust      41  


Schedule of Investments (unaudited) (continued)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2022

 

 

 

Investments    Shares      Value  
Singapore – 2.1%

 

DBS Group Holdings Ltd.

     114,134      $ 2,655,888  

Oversea-Chinese Banking Corp. Ltd.

     247,512        2,040,607  

Singapore Telecommunications Ltd.

     500,900        928,562  

United Overseas Bank Ltd.

     99,386        1,811,930  
     

 

 

 
Total Singapore               7,436,987  
Spain – 2.5%

 

Banco Bilbao Vizcaya Argentaria SA(a)

     270,628        1,224,990  

Banco Santander SA

     281,775        661,808  

Ferrovial SA

     10,823        247,998  

Iberdrola SA

     301,371        2,828,971  

Industria de Diseno Textil SA

     75,835        1,580,928  

Naturgy Energy Group SA(a)

     67,423        1,567,389  

Repsol SA

     85,916        993,598  
     

 

 

 
Total Spain               9,105,682  
Sweden – 1.9%

 

Assa Abloy AB, Class B

     27,374        517,263  

Atlas Copco AB, Class A

     62,595        591,120  

Atlas Copco AB, Class B

     35,007        294,188  

Epiroc AB, Class A

     10,814        156,059  

EQT AB(a)

     8,454        166,909  

Essity AB, Class B

     17,679        351,748  

Evolution AB(b)

     1,129        90,218  

Hexagon AB, Class B

     29,700        280,206  

Investment AB Latour, Class B(a)

     7,130        119,246  

Nibe Industrier AB, Class B

     13,441        121,238  

Sandvik AB

     26,925        370,120  

Skandinaviska Enskilda Banken AB, Class A

     100,878        970,829  

Svenska Handelsbanken AB, Class A

     82,711        682,855  

Swedbank AB, Class A

     15,942        210,956  

Telefonaktiebolaget LM Ericsson, Class B(a)

     68,602        404,843  

Telia Co. AB

     242,291        699,309  

Volvo AB, Class B

     51,510        733,742  
     

 

 

 
Total Sweden               6,760,849  
Switzerland – 11.8%

 

ABB Ltd., Registered Shares

     86,992        2,280,308  

Cie Financiere Richemont SA, Class A, Registered Shares

     10,086        966,124  

EMS-Chemie Holding AG, Registered Shares

     757        483,388  

Geberit AG, Registered Shares

     1,076        467,351  

Holcim AG*

     29,138        1,213,183  

Kuehne + Nagel International AG, Registered Shares(a)

     3,177        652,023  

Nestle SA, Registered Shares

     104,633        11,383,390  

Novartis AG, Registered Shares

     98,968        7,594,669  

Partners Group Holding AG

     769        628,638  

Roche Holding AG

     18,427        6,055,589  

Roche Holding AG, Bearer Shares(a)

     4,214        1,660,340  

SGS SA, Registered Shares

     384        829,058  

Sika AG, Registered Shares

     2,046        417,203  

Sonova Holding AG, Registered Shares

     788        176,134  

Swisscom AG, Registered Shares

     3,360        1,582,281  

UBS Group AG, Registered Shares

     84,374        1,240,857  

Zurich Insurance Group AG

     11,807      4,738,395  
     

 

 

 
Total Switzerland               42,368,931  
United Kingdom – 13.7%

 

Anglo American PLC

     91,146        2,783,268  

Antofagasta PLC

     39,061        486,400  

Ashtead Group PLC

     5,311        242,245  

AstraZeneca PLC

     37,552        4,168,453  

Aviva PLC

     239,863        1,039,440  

BAE Systems PLC

     217,630        1,918,742  

Barclays PLC

     287,266        462,734  

BP PLC

     920,775        4,451,664  

CNH Industrial NV

     21,280        242,450  

Coca-Cola Europacific Partners PLC

     9,800        425,305  

Diageo PLC

     74,136        3,142,734  

HSBC Holdings PLC

     784,707        4,093,398  

Imperial Brands PLC

     130,629        2,704,981  

Legal & General Group PLC

     384,956        930,357  

Linde PLC

     7,377        2,017,744  

Lloyds Banking Group PLC

     1,959,444        905,334  

London Stock Exchange Group PLC

     5,606        477,358  

National Grid PLC

     201,081        2,089,784  

NatWest Group PLC

     287,334        724,576  

Reckitt Benckiser Group PLC

     22,624        1,509,248  

RELX PLC

     44,704        1,098,865  

Segro PLC

     35,914        301,884  

Shell PLC

     252,637        6,335,547  

SSE PLC

     86,702        1,478,397  

Standard Chartered PLC

     58,274        368,711  

Tesco PLC

     278,245        642,331  

Unilever PLC

     100,434        4,449,821  
     

 

 

 
Total United Kingdom               49,491,771  
United States – 0.9%

 

GSK PLC

     233,970        3,410,496  
TOTAL COMMON STOCKS
(Cost: $381,145,593)
              356,855,525  
EXCHANGE-TRADED FUND – 0.1%

 

United States – 0.1%

 

WisdomTree International MidCap Dividend Fund(c)

     
(Cost: $374,308)      6,778        320,938  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.8%

 

United States – 3.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

 

(Cost: $13,699,853)      13,699,853        13,699,853  
TOTAL INVESTMENTS IN SECURITIES – 102.9%
(Cost: $395,219,754)

 

     370,876,316  

Other Assets less Liabilities – (2.9)%

        (10,538,995
     

 

 

 
NET ASSETS – 100.0%             $ 360,337,321  
* 

Non-income producing security.

 

See Notes to Financial Statements.

 

42   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International LargeCap Dividend Fund (DOL)

September 30, 2022

 

 

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $18,415,945 and the total market value of the collateral held by the Fund was $20,213,142. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,513,289.

 

(b) 

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

 

(c) 

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

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

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, 2022 were as follows:

 

Affiliate    Value at
3/31/2022
     Purchases/
Additions
     Sales/
Reductions
     Realized
Gain/(Loss)
    

Change in
Unrealized
Appreciation/

Depreciation

     Value at
9/30/2022
     Dividend
Income
 

WisdomTree International MidCap Dividend Fund

   $      $ 1,324,495      $ 822,365      $ (127,822    $ (53,370    $ 320,938      $ 18,410  

 

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

Citibank NA

    10/5/2022       1,779,375       HKD       226,677       USD     $     $ (2

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other
Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 356,855,525      $      $      $ 356,855,525  

Exchange-Traded Fund

     320,938                      320,938  

Investment of Cash Collateral for Securities Loaned

            13,699,853               13,699,853  

Total Investments in Securities

   $ 357,176,463      $ 13,699,853      $      $ 370,876,316  

Liabilities:

 

     

Financial Derivative Instruments

 

     

Foreign Currency Contracts1

   $      $ (2    $      $ (2

Total – Net

   $ 357,176,463      $ 13,699,851      $      $ 370,876,314  
1 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      43  


Schedule of Investments (unaudited)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.0%

 

Australia – 10.3%

 

ALS Ltd.

     15,894      $ 103,519  

Alumina Ltd.

     146,658        119,282  

Ampol Ltd.

     7,105        131,335  

Ansell Ltd.

     5,628        91,151  

APA Group

     84,653        521,961  

ASX Ltd.(a)

     4,066        187,597  

Atlas Arteria Ltd.(a)

     54,292        217,471  

Aurizon Holdings Ltd.

     189,964        421,374  

Bank of Queensland Ltd.(a)

     35,493        148,560  

Bendigo & Adelaide Bank Ltd.(a)

     53,406        267,488  

BlueScope Steel Ltd.

     8,605        84,040  

Brambles Ltd.

     51,369        376,846  

carsales.com Ltd.

     8,261        99,908  

Challenger Ltd.(a)

     22,947        86,310  

Charter Hall Group(a)

     19,052        140,624  

Cleanaway Waste Management Ltd.(a)

     50,649        88,251  

Cochlear Ltd.

     1,018        127,331  

Computershare Ltd.

     19,065        303,504  

Dexus

     85,826        426,004  

Domino’s Pizza Enterprises Ltd.(a)

     2,351        77,876  

Downer EDI Ltd.

     30,876        90,722  

Evolution Mining Ltd.

     74,532        98,237  

GPT Group

     171,838        423,151  

Harvey Norman Holdings Ltd.(a)

     110,558        287,176  

IGO Ltd.

     9,927        87,441  

Insurance Australia Group Ltd.

     117,732        348,201  

JB Hi-Fi Ltd.(a)

     8,776        214,190  

Lendlease Corp. Ltd.(a)

     21,563        123,666  

Magellan Financial Group Ltd.(a)

     12,520        90,640  

Medibank Pvt Ltd.

     178,002        397,129  

Mirvac Group

     160,305        200,467  

Newcrest Mining Ltd.

     28,296        307,824  

Nine Entertainment Co. Holdings Ltd.

     84,690        101,552  

OZ Minerals Ltd.(a)

     7,390        122,491  

Premier Investments Ltd.

     7,908        114,654  

QBE Insurance Group Ltd.

     16,569        122,829  

Qube Holdings Ltd.(a)

     63,783        101,703  

Ramsay Health Care Ltd.

     6,072        223,621  

REA Group Ltd.(a)

     1,844        136,166  

Reece Ltd.

     8,520        76,801  

Santos Ltd.

     50,524        230,314  

Scentre Group

     286,372        467,672  

Seven Group Holdings Ltd.(a)

     9,489        103,411  

Sonic Healthcare Ltd.

     20,351        400,129  

South32 Ltd.

     100,041        233,486  

Steadfast Group Ltd.

     43,674        130,011  

Stockland

     147,419        309,941  

Suncorp Group Ltd.

     123,802        798,373  

Tabcorp Holdings Ltd.

     133,269        80,116  

Treasury Wine Estates Ltd.

     22,254        179,854  

Vicinity Centres

     295,156        329,252  

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

     6,316        108,791  

Worley Ltd.(a)

     26,903      220,194  
     

 

 

 
Total Australia               11,280,637  
Austria – 1.1%

 

Andritz AG

     2,076        88,753  

BAWAG Group AG(b)

     13,719        597,534  

EVN AG

     6,050        100,994  

Telekom Austria AG*

     19,614        113,560  

Vienna Insurance Group AG Wiener Versicherung Gruppe

     5,497        112,549  

Voestalpine AG

     5,228        89,680  

Wienerberger AG

     4,792        96,706  
     

 

 

 
Total Austria               1,199,776  
Belgium – 1.9%

 

Ackermans & van Haaren NV

     698        88,962  

Aedifica SA

     1,541        119,035  

Cofinimmo SA

     1,605        133,334  

D’ieteren Group

     794        113,020  

Elia Group SA/NV

     1,839        216,910  

Etablissements Franz Colruyt NV(a)

     6,282        138,469  

Melexis NV

     1,253        85,925  

Proximus SADP

     30,379        315,315  

Solvay SA

     4,465        348,356  

Telenet Group Holding NV

     18,116        250,415  

Umicore SA

     4,994        147,407  

Warehouses De Pauw CVA

     7,130        175,461  
     

 

 

 
Total Belgium               2,132,609  
China – 2.9%

 

Beijing Enterprises Holdings Ltd.

     58,700        164,886  

BYD Electronic International Co. Ltd.(a)

     31,500        76,082  

China Everbright Environment Group Ltd.

     466,407        193,695  

China Merchants Port Holdings Co. Ltd.

     396,000        497,907  

China Power International Development Ltd.

     541,000        215,714  

China Resources Pharmaceutical Group Ltd.(b)

     278,500        191,227  

China Resources Power Holdings Co. Ltd.

     210,000        326,374  

China Taiping Insurance Holdings Co. Ltd.

     142,800        120,245  

CSPC Pharmaceutical Group Ltd.

     304,000        301,293  

Fosun International Ltd.

     254,000        157,579  

Guangdong Investment Ltd.

     478,208        383,180  

Lenovo Group Ltd.

     566,000        393,681  

Wharf Holdings Ltd.

     60,000        192,232  
     

 

 

 
Total China               3,214,095  
Denmark – 1.3%

 

H Lundbeck A/S

     15,299        49,012  

H Lundbeck A/S, Class A*

     3,825        11,412  

Novozymes A/S, Class B

     3,352        169,236  

Royal Unibrew A/S

     1,910        124,542  

Topdanmark A/S

     4,219        197,556  

Tryg A/S

     39,745        821,617  
     

 

 

 
Total Denmark               1,373,375  
Finland – 2.1%

 

Elisa Oyj

     11,104        504,197  

Huhtamaki Oyj

     3,156        100,977  

 

See Notes to Financial Statements.

 

44   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kesko Oyj, Class A

     6,478      $ 116,897  

Kesko Oyj, Class B

     14,219        266,683  

Kojamo Oyj(a)

     5,762        74,059  

Konecranes Oyj

     2,588        51,924  

Metsa Board Oyj, Class B

     12,343        90,326  

Metso Outotec Oyj

     24,559        164,950  

Nokian Renkaat Oyj

     9,254        89,750  

Orion Oyj, Class B

     5,145        217,136  

Stora Enso Oyj, Class R

     14,962        191,867  

TietoEVRY Oyj(a)

     6,851        156,111  

Valmet Oyj

     7,701        157,147  

Wartsila Oyj Abp(a)

     13,757        88,706  
     

 

 

 
Total Finland               2,270,730  
France – 5.3%

 

ALD SA(a)(b)

     39,590        366,900  

Arkema SA

     2,988        219,774  

BioMerieux

     1,041        83,013  

Bouygues SA(a)

     23,806        626,184  

Bureau Veritas SA

     11,770        264,970  

Carrefour SA

     31,678        441,139  

Cie Plastic Omnium SA

     4,512        59,761  

Covivio

     6,001        291,122  

Edenred

     4,660        216,206  

Eiffage SA

     4,709        380,679  

Eurazeo SE

     3,212        169,446  

Eutelsat Communications SA(a)

     23,059        178,911  

Gecina SA

     4,108        323,763  

ICADE

     5,424        202,980  

Imerys SA

     3,256        99,073  

Ipsen SA

     1,270        118,070  

Klepierre SA*

     17,868        313,329  

La Francaise des Jeux SAEM(b)

     7,740        231,039  

Remy Cointreau SA(a)

     740        123,892  

Rexel SA

     15,924        241,487  

Rothschild & Co.

     2,751        90,283  

Rubis SCA

     7,899        165,521  

SEB SA(a)

     1,208        76,567  

SPIE SA

     6,545        138,367  

Trigano SA

     837        74,289  

Valeo

     3,591        54,985  

Verallia SA(b)

     6,838        154,877  

Wendel SE

     2,174        157,283  
     

 

 

 
Total France               5,863,910  
Germany – 4.4%

 

alstria office REIT AG

     8,939        64,496  

Aurubis AG

     1,226        64,833  

Bechtle AG

     1,729        62,891  

Brenntag SE

     5,082        310,564  

Covestro AG(b)

     5,597        161,971  

Dermapharm Holding SE

     1,491        54,453  

DWS Group GmbH & Co. KGaA(b)

     11,529        277,390  

Evonik Industries AG

     22,869        386,462  

Fielmann AG

     2,442        78,850  

Freenet AG

     16,077      306,334  

GEA Group AG

     6,747        220,367  

HeidelbergCement AG

     8,565        342,760  

Hella GmbH & Co. KGaA

     2,097        139,900  

Hochtief AG

     5,208        249,285  

LANXESS AG

     2,125        62,599  

LEG Immobilien SE

     2,587        155,508  

ProSiebenSat.1 Media SE

     17,425        124,716  

Rheinmetall AG

     1,325        205,349  

Scout24 SE(b)

     1,505        76,255  

Stroeer SE & Co. KGaA

     2,262        85,802  

TAG Immobilien AG

     6,613        53,220  

Talanx AG*

     11,851        422,598  

Telefonica Deutschland Holding AG

     294,521        598,117  

Traton SE

     7,567        90,735  

United Internet AG, Registered Shares

     4,730        89,246  

Varta AG

     1,079        31,024  

Wacker Chemie AG

     1,294        134,563  
     

 

 

 
Total Germany               4,850,288  
Hong Kong – 3.4%

 

Bank of East Asia Ltd.

     127,980        140,209  

Hang Lung Group Ltd.

     71,000        114,687  

Hang Lung Properties Ltd.

     241,000        395,429  

Hysan Development Co. Ltd.

     69,000        173,865  

Power Assets Holdings Ltd.

     243,000        1,219,659  

Sino Land Co. Ltd.

     479,046        633,447  

Swire Pacific Ltd., Class A

     47,500        355,498  

Swire Properties Ltd.

     323,400        696,246  
     

 

 

 
Total Hong Kong               3,729,040  
Ireland – 0.3%

 

Glanbia PLC

     11,654        134,490  

Smurfit Kappa Group PLC

     6,649        191,047  
     

 

 

 
Total Ireland               325,537  
Israel – 1.4%

 

Azrieli Group Ltd.

     2,673        183,508  

Bank Hapoalim BM

     25,794        219,358  

Bank Leumi Le-Israel BM

     27,641        237,941  

Elbit Systems Ltd.

     688        130,944  

First International Bank of Israel Ltd.

     2,472        100,769  

ICL Group Ltd.

     30,085        243,586  

Mizrahi Tefahot Bank Ltd.

     8,224        290,160  

Strauss Group Ltd.

     5,066        120,731  
     

 

 

 
Total Israel               1,526,997  
Italy – 4.8%

 

A2A SpA

     256,012        250,752  

ACEA SpA

     11,219        122,436  

Azimut Holding SpA

     11,993        172,768  

Banca Mediolanum SpA

     78,369        496,729  

Banco BPM SpA(a)

     39,490        104,221  

BPER Banca

     42,671        66,090  

Brembo SpA

     9,277        77,204  

De’ Longhi SpA(a)

     3,702        54,654  

 

See Notes to Financial Statements.

 

WisdomTree Trust      45  


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  

DiaSorin SpA(a)

     443      $ 49,822  

ERG SpA

     5,609        155,285  

Hera SpA(a)

     101,152        216,619  

Infrastrutture Wireless Italiane SpA(b)

     40,734        357,948  

Iren SpA

     90,093        119,768  

Italgas SpA

     70,743        330,993  

Mediobanca Banca di Credito Finanziario SpA

     71,673        565,928  

Pirelli & C. SpA(b)

     21,811        71,794  

Prysmian SpA

     5,596        162,380  

Recordati Industria Chimica e Farmaceutica SpA

     5,748        212,233  

Terna – Rete Elettrica Nazionale

     151,754        929,161  

Unipol Gruppo SpA

     53,029        207,488  

UnipolSai Assicurazioni SpA(a)

     273,811        571,349  
     

 

 

 
Total Italy               5,295,622  
Japan – 28.4%

 

ABC-Mart, Inc.

     3,578        154,001  

Acom Co. Ltd.(a)

     37,300        80,143  

Aeon Mall Co. Ltd.

     8,600        95,658  

AGC, Inc.

     10,328        320,375  

Air Water, Inc.

     8,500        100,301  

Aisin Corp.(a)

     13,700        351,149  

Ajinomoto Co., Inc.

     14,900        407,847  

Amada Co. Ltd.

     14,700        99,628  

Asahi Kasei Corp.

     46,800        308,939  

Azbil Corp.

     2,900        75,533  

Brother Industries Ltd.

     9,300        160,049  

Canon Marketing Japan, Inc.

     5,200        114,961  

Capcom Co. Ltd.

     4,700        118,194  

Casio Computer Co. Ltd.(a)

     9,900        86,795  

Chiba Bank Ltd.(a)

     33,000        177,602  

Chubu Electric Power Co., Inc.(a)

     33,600        302,701  

Chugoku Electric Power Co., Inc.

     30,200        153,144  

COMSYS Holdings Corp.

     5,800        98,653  

Concordia Financial Group Ltd.

     54,000        166,762  

Dai Nippon Printing Co. Ltd.

     10,279        205,942  

Daifuku Co. Ltd.

     1,300        61,163  

Daito Trust Construction Co. Ltd.

     3,120        292,503  

Daiwa Securities Group, Inc.(a)

     116,400        455,484  

Denka Co. Ltd.

     4,200        92,128  

Dentsu Group, Inc.

     6,500        184,566  

Disco Corp.

     1,000        221,078  

Ebara Corp.

     3,500        114,494  

ENEOS Holdings, Inc.

     272,200        874,643  

Fuji Electric Co. Ltd.

     3,975        145,274  

Fukuoka Financial Group, Inc.

     10,500        186,141  

Hakuhodo DY Holdings, Inc.

     11,100        78,067  

Hamamatsu Photonics KK

     2,800        119,935  

Hankyu Hanshin Holdings, Inc.

     1,800        54,095  

Haseko Corp.

     17,900        194,279  

Hirose Electric Co. Ltd.

     875        114,736  

Hoshizaki Corp.

     2,600        72,479  

Hulic Co. Ltd.

     32,300        237,210  

Idemitsu Kosan Co. Ltd.(a)

     19,866        430,273  

Iida Group Holdings Co. Ltd.

     11,800      160,029  

Inpex Corp.

     58,500        549,252  

Isuzu Motors Ltd.

     30,900        340,926  

Itochu Techno-Solutions Corp.

     6,100        142,865  

Japan Exchange Group, Inc.

     13,800        186,152  

Japan Post Insurance Co. Ltd.

     32,600        456,303  

JFE Holdings, Inc.(a)

     29,900        277,011  

JSR Corp.(a)

     6,000        113,994  

Kajima Corp.

     25,976        246,399  

Kakaku.com, Inc.

     3,200        54,430  

Kansai Electric Power Co., Inc.

     54,200        453,835  

Kansai Paint Co. Ltd.(a)

     5,600        79,196  

Kikkoman Corp.

     1,600        90,642  

Kobayashi Pharmaceutical Co. Ltd.

     1,000        58,586  

Koei Tecmo Holdings Co. Ltd.

     7,820        128,312  

Koito Manufacturing Co. Ltd.

     4,000        54,468  

Konami Group Corp.(a)

     2,900        133,835  

Kuraray Co. Ltd.

     12,400        86,610  

Kurita Water Industries Ltd.(a)

     3,100        110,512  

Kyushu Electric Power Co., Inc.

     27,600        147,205  

Kyushu Railway Co.

     8,400        181,353  

Lawson, Inc.

     1,500        49,121  

Lixil Corp.

     10,500        153,715  

Makita Corp.(a)

     4,500        87,019  

Marubeni Corp.

     85,700        750,752  

MatsukiyoCocokara & Co.

     2,000        86,082  

McDonald’s Holdings Co. Japan Ltd.

     1,900        66,158  

Medipal Holdings Corp.(a)

     8,800        112,048  

MEIJI Holdings Co. Ltd.

     4,300        191,019  

MINEBEA MITSUMI, Inc.

     7,300        107,877  

MISUMI Group, Inc.

     3,400        73,288  

Mitsubishi Chemical Group Corp.

     46,800        213,913  

Mitsubishi Gas Chemical Co., Inc.

     9,700        127,059  

Mitsubishi HC Capital, Inc.

     82,120        352,887  

Mitsubishi Heavy Industries Ltd.

     16,600        551,173  

Mitsui Chemicals, Inc.

     7,800        151,910  

Mitsui OSK Lines Ltd.(a)

     42,000        755,011  

Nabtesco Corp.

     3,500        71,453  

NEC Corp.

     5,000        159,764  

NGK Insulators Ltd.

     10,700        133,062  

NGK Spark Plug Co. Ltd.

     10,900        192,931  

NH Foods Ltd.

     3,800        100,024  

Nichirei Corp.

     2,900        47,784  

Nikon Corp.

     10,600        100,108  

Nippon Express Holdings, Inc.

     1,600        81,357  

Nippon Sanso Holdings Corp.

     8,300        130,798  

Nippon Yusen KK(a)

     43,800        746,517  

Nissan Chemical Corp.

     3,400        151,508  

Nisshin Seifun Group, Inc.

     9,800        99,391  

Nissin Foods Holdings Co. Ltd.(a)

     1,900        132,184  

Nitto Denko Corp.

     4,800        259,657  

NOF Corp.

     1,900        68,521  

Nomura Real Estate Holdings, Inc.

     7,668        173,496  

Oji Holdings Corp.

     36,062        134,038  

 

See Notes to Financial Statements.

 

46   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Ono Pharmaceutical Co. Ltd.

     16,600      $ 387,748  

Open House Group Co. Ltd.

     3,000        101,454  

Oracle Corp.

     2,600        138,312  

Osaka Gas Co. Ltd.

     24,200        365,479  

Otsuka Corp.

     5,200        162,562  

Pan Pacific International Holdings Corp.

     5,700        100,812  

Persol Holdings Co. Ltd.

     4,400        81,315  

Pola Orbis Holdings, Inc.

     5,100        57,608  

Resona Holdings, Inc.

     143,500        523,458  

Rohm Co. Ltd.

     2,500        163,391  

Ryohin Keikaku Co. Ltd.

     6,600        55,127  

Sanwa Holdings Corp.

     12,400        106,571  

SBI Holdings, Inc.

     12,100        217,013  

SCSK Corp.

     9,800        148,275  

Sega Sammy Holdings, Inc.

     9,600        130,591  

Seiko Epson Corp.(a)

     15,400        209,596  

Sekisui Chemical Co. Ltd.

     11,600        141,689  

Sekisui House Ltd.

     22,500        373,225  

Sharp Corp.(a)

     17,600        104,935  

Shimadzu Corp.

     4,600        120,605  

Shimamura Co. Ltd.

     1,200        101,392  

Shimizu Corp.

     35,300        172,909  

Shinko Electric Industries Co. Ltd.(a)

     2,700        58,106  

Shizuoka Bank Ltd.*(a)

     25,800        156,142  

Showa Denko KK

     5,300        75,210  

Sojitz Corp.

     10,380        152,317  

Sompo Holdings, Inc.

     26,900        1,070,834  

Square Enix Holdings Co. Ltd.

     1,800        77,474  

Stanley Electric Co. Ltd.

     4,600        71,950  

Subaru Corp.

     23,600        353,319  

Sumitomo Chemical Co. Ltd.

     64,400        221,125  

Sumitomo Electric Industries Ltd.

     25,612        259,048  

Sumitomo Forestry Co. Ltd.

     7,500        114,253  

Sumitomo Heavy Industries Ltd.

     5,200        96,028  

Sumitomo Metal Mining Co. Ltd.

     13,600        390,867  

Sumitomo Mitsui Trust Holdings, Inc.

     18,600        526,729  

Sumitomo Pharma Co. Ltd.

     8,090        57,624  

Sumitomo Rubber Industries Ltd.

     21,400        170,171  

Sundrug Co. Ltd.

     5,400        131,134  

Suntory Beverage & Food Ltd.

     7,200        255,180  

T&D Holdings, Inc.

     24,951        235,642  

Taisei Corp.

     9,975        277,035  

Taiyo Yuden Co. Ltd.

     2,800        72,058  

TDK Corp.

     7,400        227,759  

TIS, Inc.

     6,000        158,969  

Tokyo Century Corp.(a)

     3,600        114,657  

Tokyo Gas Co. Ltd.

     17,600        298,025  

Tokyo Tatemono Co. Ltd.

     9,600        136,494  

Tokyu Corp.(a)

     9,000        102,408  

Tokyu Fudosan Holdings Corp.

     23,800        123,485  

Toray Industries, Inc.

     32,100        157,855  

Tosoh Corp.

     13,800        153,498  

TOTO Ltd.

     3,600        119,880  

Toyo Suisan Kaisha Ltd.

     3,400        139,998  

Toyota Boshoku Corp.

     10,900      133,440  

Toyota Tsusho Corp.

     10,700        331,176  

Trend Micro, Inc.

     4,930        266,348  

Tsuruha Holdings, Inc.

     1,000        58,655  

USS Co. Ltd.

     13,900        214,821  

Yakult Honsha Co. Ltd.

     2,600        151,066  

Yamada Holdings Co. Ltd.

     57,200        188,105  

Yamaha Corp.

     2,900        102,981  

Yamaha Motor Co. Ltd.

     22,360        418,173  

Yamato Holdings Co. Ltd.(a)

     9,900        148,898  

Yaskawa Electric Corp.(a)

     3,300        94,957  

Yokogawa Electric Corp.

     5,400        84,873  

Yokohama Rubber Co. Ltd.

     10,700        163,814  

Zeon Corp.

     6,300        55,625  

ZOZO, Inc.

     4,900        97,970  
     

 

 

 
Total Japan               31,200,708  
Netherlands – 3.0%

 

Aalberts NV

     2,937        97,164  

Aegon NV

     85,358        343,013  

Arcadis NV

     2,566        84,463  

ASR Nederland NV

     9,068        351,519  

BE Semiconductor Industries NV

     3,772        164,771  

CTP NV(a)(b)

     5,112        52,884  

Euronext NV(a)(b)

     2,279        145,344  

IMCD NV(a)

     560        67,259  

Koninklijke KPN NV

     390,623        1,060,771  

Koninklijke Vopak NV

     5,186        95,005  

Randstad NV(a)

     12,190        532,371  

SBM Offshore NV(a)

     11,071        139,855  

Signify NV(b)

     8,025        209,357  
     

 

 

 
Total Netherlands               3,343,776  
Norway – 3.8%

 

Aker ASA, Class A

     1,654        107,158  

Aker BP ASA(a)

     40,900        1,173,263  

Entra ASA(b)

     6,161        57,385  

Gjensidige Forsikring ASA

     31,245        536,173  

Kongsberg Gruppen ASA

     9,911        301,953  

Leroy Seafood Group ASA

     21,081        82,759  

Mowi ASA

     5,636        71,631  

Norsk Hydro ASA

     70,130        378,669  

Orkla ASA

     39,708        288,593  

Salmar ASA

     4,366        147,119  

SpareBank 1 SR-Bank ASA

     12,665        118,546  

Storebrand ASA

     20,467        141,728  

Yara International ASA

     21,283        748,609  
     

 

 

 
Total Norway               4,153,586  
Portugal – 0.8%

 

Galp Energia SGPS SA(a)

     60,711        584,287  

Jeronimo Martins SGPS SA

     17,248        321,888  
     

 

 

 
Total Portugal               906,175  

 

See Notes to Financial Statements.

 

WisdomTree Trust      47  


Schedule of Investments (unaudited) (continued)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  
Singapore – 2.0%

 

Genting Singapore Ltd.(a)

     279,000      $ 152,634  

Jardine Cycle & Carriage Ltd.

     14,411        339,360  

Keppel Corp. Ltd.

     82,300        398,624  

Olam Group Ltd.

     181,800        165,975  

Singapore Exchange Ltd.

     45,200        297,994  

Singapore Technologies Engineering Ltd.

     228,600        570,345  

UOL Group Ltd.

     23,800        110,301  

Venture Corp. Ltd.

     15,000        171,754  
     

 

 

 
Total Singapore               2,206,987  
Spain – 2.9%

 

Acciona SA

     2,447        432,935  

Acerinox SA

     20,591        165,370  

Bankinter SA(a)

     46,275        261,392  

Cie Automotive SA

     3,837        79,990  

Enagas SA(a)

     28,964        449,453  

Fluidra SA(a)

     6,245        94,950  

Fomento de Construcciones y Contratas SA(a)

     19,209        156,002  

Grifols SA*(a)

     11,359        98,837  

Grupo Catalana Occidente SA

     4,712        118,403  

Inmobiliaria Colonial Socimi SA

     21,012        101,605  

Mapfre SA(a)

     284,828        443,660  

Red Electrica Corp. SA

     36,930        568,364  

Viscofan SA

     2,835        155,251  
     

 

 

 
Total Spain               3,126,212  
Sweden – 4.1%

 

AAK AB

     4,611        61,224  

Alfa Laval AB

     8,253        207,041  

Axfood AB

     13,962        320,695  

BillerudKorsnas AB

     7,890        93,422  

Boliden AB

     8,088        252,570  

Castellum AB(a)

     16,894        190,519  

Dometic Group AB(b)

     9,794        50,958  

Electrolux AB, Class B(a)

     15,041        157,519  

Elekta AB, Class B

     11,209        57,431  

Fabege AB(a)

     12,591        86,115  

Getinge AB, Class B

     4,728        81,672  

Hexpol AB

     14,029        116,176  

Holmen AB, Class B

     3,022        115,597  

Hufvudstaden AB, Class A

     4,507        49,669  

Husqvarna AB, Class B(a)

     13,052        73,037  

Indutrade AB

     5,341        87,785  

Intrum AB

     7,085        89,795  

L E Lundbergforetagen AB, Class B

     1,329        48,430  

Lifco AB, Class B(a)

     7,748        109,055  

Orron Energy AB(a)

     23,151        41,671  

Saab AB, Class B

     3,211        100,576  

Sagax AB, Class B

     3,666        60,849  

Samhallsbyggnadsbolaget i Norden AB(a)

     22,099        24,225  

Securitas AB, Class B(a)

     12,381        86,575  

Skanska AB, Class B

     13,848        174,075  

SKF AB, Class B(a)

     16,857        228,228  

Svenska Cellulosa AB SCA, Class B

     11,736        150,170  

Swedish Match AB

     54,977      544,940  

Tele2 AB, Class B

     57,528        497,652  

Thule Group AB(a)(b)

     3,184        64,125  

Trelleborg AB, Class B

     12,752        241,193  

Wihlborgs Fastigheter AB

     12,965        78,684  
     

 

 

 
Total Sweden               4,541,673  
Switzerland – 5.1%

 

Adecco Group AG, Registered Shares

     10,759        299,623  

Allreal Holding AG, Registered Shares

     523        73,329  

Baloise Holding AG, Registered Shares

     2,272        292,469  

Banque Cantonale Vaudoise, Registered Shares

     5,492        522,835  

BKW AG

     2,052        246,219  

Clariant AG, Registered Shares*(a)

     15,613        252,219  

Coca-Cola HBC AG

     15,566        329,108  

DKSH Holding AG

     2,521        183,904  

Galenica AG(b)

     2,888        210,530  

Helvetia Holding AG, Registered Shares

     2,833        267,397  

Julius Baer Group Ltd.

     10,524        465,120  

Logitech International SA, Registered Shares(a)

     2,305        107,610  

OC Oerlikon Corp. AG, Registered Shares

     16,837        108,626  

PSP Swiss Property AG, Registered Shares

     2,693        270,873  

SFS Group AG

     1,185        102,578  

SIG Group AG*

     9,700        198,878  

Stadler Rail AG(a)

     2,725        75,638  

Sulzer AG, Registered Shares

     2,048        119,124  

Swatch Group AG, Bearer Shares

     501        114,274  

Swatch Group AG, Registered Shares

     2,218        94,106  

Swiss Life Holding AG, Registered Shares

     1,624        723,519  

Swiss Prime Site AG, Registered Shares

     3,496        280,604  

Temenos AG, Registered Shares

     797        54,610  

VAT Group AG(b)

     688        142,458  

Vontobel Holding AG, Registered Shares

     2,201        119,414  
     

 

 

 
Total Switzerland               5,655,065  
United Kingdom – 9.7%

 

Abrdn PLC

     148,264        230,220  

Admiral Group PLC

     43,480        929,235  

Airtel Africa PLC(a)(b)

     147,726        213,059  

Ashmore Group PLC(a)

     45,577        100,280  

Auto Trader Group PLC(b)

     11,384        65,446  

Barratt Developments PLC

     57,313        218,934  

Bellway PLC

     4,292        81,593  

Big Yellow Group PLC

     7,953        94,106  

British Land Co. PLC

     36,959        144,689  

Britvic PLC

     11,696        93,679  

Bunzl PLC

     12,986        400,097  

Burberry Group PLC

     11,726        236,662  

Close Brothers Group PLC

     12,323        127,588  

Computacenter PLC

     4,593        99,108  

ConvaTec Group PLC(b)

     60,456        138,753  

DCC PLC

     3,014        157,763  

Dechra Pharmaceuticals PLC

     2,378        69,603  

Derwent London PLC

     3,044        68,640  

Diploma PLC

     2,286        59,305  

 

See Notes to Financial Statements.

 

48   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International MidCap Dividend Fund (DIM)

September 30, 2022

 

 

 

Investments    Shares      Value  

Direct Line Insurance Group PLC

     122,253      $ 253,154  

DS Smith PLC

     52,553        150,710  

Dunelm Group PLC(a)

     7,629        62,169  

Fresnillo PLC(a)

     23,401        200,934  

Grafton Group PLC

     8,913        66,841  

Halma PLC

     3,567        81,429  

Hargreaves Lansdown PLC(a)

     18,242        176,593  

Hikma Pharmaceuticals PLC

     5,106        77,717  

Howden Joinery Group PLC

     16,815        94,829  

IMI PLC

     8,033        100,343  

Inchcape PLC

     12,658        96,438  

Intertek Group PLC

     4,352        180,091  

Investec PLC

     36,289        147,090  

J. Sainsbury PLC

     105,283        204,850  

Johnson Matthey PLC

     6,562        134,233  

Kingfisher PLC(a)

     94,161        231,667  

Land Securities Group PLC

     46,534        271,054  

Mondi PLC

     16,636        258,876  

OSB Group PLC

     30,608        143,641  

Pearson PLC

     31,118        301,100  

Pennon Group PLC

     8,584        75,413  

Redrow PLC

     18,189        81,055  

Rentokil Initial PLC(a)

     29,543        157,474  

Rightmove PLC

     12,463        67,086  

Rotork PLC

     30,043        78,544  

Royal Mail PLC(a)

     47,002        96,778  

RS Group PLC

     13,945        150,842  

Sage Group PLC

     32,372        251,946  

Schroders PLC

     76,131        330,847  

Severn Trent PLC

     11,360        298,641  

Smith & Nephew PLC

     23,479        275,332  

Smiths Group PLC

     13,810        232,783  

Softcat PLC

     6,252        83,051  

Spectris PLC

     3,716        113,494  

Spirax-Sarco Engineering PLC

     1,311      152,201  

St. James’s Place PLC

     22,050        255,005  

Tate & Lyle PLC

     35,686        270,887  

Taylor Wimpey PLC

     252,023        248,417  

Unite Group PLC

     9,297        89,097  

United Utilities Group PLC

     52,293        518,834  

Vistry Group PLC(a)

     9,783        64,323  
     

 

 

 
Total United Kingdom               10,654,569  
TOTAL COMMON STOCKS
(Cost: $140,968,558)
              108,851,367  
RIGHTS – 0.0%

 

Australia – 0.0%

 

Atlas Arteria Ltd., expiring 10/6/22
(Cost: $0)
     27,232        0  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.1%

 

United States – 7.1%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

(Cost: $7,829,192)      7,829,192        7,829,192  
TOTAL INVESTMENTS IN SECURITIES – 106.1%
(Cost: $148,797,750)
        116,680,559  

Other Assets less Liabilities – (6.1)%

        (6,729,360
     

 

 

 
NET ASSETS – 100.0%             $ 109,951,199  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $14,218,992 and the total market value of the collateral held by the Fund was $15,930,903. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $8,101,711.

 

(b) 

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

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

FAIR VALUATION SUMMARY     

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

     

Quoted

Prices in

Active

Markets

(Level 1)

    

Other

Significant

Observable

Inputs

(Level 2)

    

Significant

Unobservable

Inputs

(Level 3)

     Total  

Assets:

 

     

Investments in Securities

 

     

Common Stocks

   $ 108,851,367      $      $      $ 108,851,367  

Rights

            0               0  

Investment of Cash Collateral for Securities Loaned

            7,829,192               7,829,192  

Total Investments in Securities

   $ 108,851,367      $ 7,829,192      $      $ 116,680,559  

 

See Notes to Financial Statements.

 

WisdomTree Trust      49  


Schedule of Investments (unaudited)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 97.7%

 

Australia – 11.1%

 

Ampol Ltd.

     9,443      $ 174,552  

APA Group

     17,181        105,936  

ASX Ltd.(a)

     2,231        102,934  

Aurizon Holdings Ltd.

     68,507        151,961  

Australia & New Zealand Banking Group Ltd.(a)

     10,320        151,284  

BHP Group Ltd.

     3,718        92,082  

BlueScope Steel Ltd.(a)

     6,736        65,786  

Brambles Ltd.

     16,921        124,133  

Coles Group Ltd.(a)

     11,361        120,014  

Commonwealth Bank of Australia(a)

     2,341        136,517  

Endeavour Group Ltd.(a)

     19,862        89,392  

Macquarie Group Ltd.

     1,267        124,425  

Medibank Pvt Ltd.

     102,128        227,851  

National Australia Bank Ltd.(a)

     6,356        117,735  

QBE Insurance Group Ltd.

     17,494        129,687  

Rio Tinto Ltd.

     6,994        392,887  

Sonic Healthcare Ltd.(a)

     11,186        219,932  

South32 Ltd.

     27,490        64,159  

Telstra Corp. Ltd.(a)

     57,388        142,056  

Westpac Banking Corp.(a)

     10,686        141,808  

Woodside Energy Group Ltd.

     7,459        151,834  

Woolworths Group Ltd.(a)

     4,885        106,630  
     

 

 

 
Total Australia               3,133,595  
Belgium – 0.4%

 

Elia Group SA/NV

     663        78,201  

Proximus SADP

     3,078        31,948  
     

 

 

 
Total Belgium               110,149  
China – 1.2%

 

BOC Hong Kong Holdings Ltd.

     31,500        104,935  

SITC International Holdings Co. Ltd.

     26,000        48,092  

WH Group Ltd.(b)

     79,000        49,816  

Wilmar International Ltd.

     28,200        75,467  

Xinyi Glass Holdings Ltd.

     39,000        56,737  
     

 

 

 
Total China               335,047  
Denmark – 0.4%

 

AP Moller – Maersk A/S, Class B

     67        122,394  
Finland – 0.8%

 

Elisa Oyj

     1,258        57,122  

Orion Oyj, Class B

     4,232        178,604  
     

 

 

 
Total Finland               235,726  
France – 9.3%

 

Carrefour SA

     15,239        212,214  

Dassault Aviation SA

     2,136        244,826  

Ipsen SA

     3,742        347,889  

Klepierre SA*

     10,309        180,776  

La Francaise des Jeux SAEM(b)

     13,809        412,198  

Orange SA

     25,293        229,150  

Sanofi

     5,086        390,628  

Thales SA

     2,562        283,614  

TotalEnergies SE(a)

     4,807        227,335  

Vivendi SE

     14,388      112,367  
     

 

 

 
Total France               2,640,997  
Germany – 4.4%

 

Bayer AG, Registered Shares

     6,727        312,470  

Bayerische Motoren Werke AG

     4,881        334,669  

Deutsche Telekom AG, Registered Shares

     9,801        167,950  

Hannover Rueck SE

     1,919        289,888  

Telefonica Deutschland Holding AG

     63,043        128,029  
     

 

 

 
Total Germany               1,233,006  
Hong Kong – 4.5%

 

CK Asset Holdings Ltd.

     22,500        135,288  

CK Infrastructure Holdings Ltd.

     22,500        114,795  

CLP Holdings Ltd.

     15,000        113,409  

Hongkong Land Holdings Ltd.

     25,400        112,268  

Jardine Matheson Holdings Ltd.

     2,400        121,536  

MTR Corp. Ltd.

     34,000        156,142  

Power Assets Holdings Ltd.

     24,000        120,460  

Sino Land Co. Ltd.

     112,000        148,099  

Sun Hung Kai Properties Ltd.

     12,000        132,766  

Swire Pacific Ltd., Class A

     17,500        130,973  
     

 

 

 
Total Hong Kong               1,285,736  
Israel – 1.5%

 

Check Point Software Technologies Ltd.*

     2,239        250,813  

Teva Pharmaceutical Industries Ltd., ADR*

     17,005        137,230  

ZIM Integrated Shipping Services Ltd.(a)

     1,808        42,488  
     

 

 

 
Total Israel               430,531  
Italy – 0.4%

 

Snam SpA

     28,736        116,715  
Japan – 26.0%

 

AGC, Inc.

     1,200        37,224  

Aisin Corp.

     5,200        133,283  

Ajinomoto Co., Inc.

     3,700        101,277  

Brother Industries Ltd.

     2,600        44,745  

Canon, Inc.

     2,800        61,360  

Dai Nippon Printing Co. Ltd.

     3,200        64,113  

Dai-ichi Life Holdings, Inc.

     10,500        166,265  

Daito Trust Construction Co. Ltd.

     900        84,376  

Daiwa House Industry Co. Ltd.

     4,700        95,578  

Dentsu Group, Inc.

     900        25,555  

ENEOS Holdings, Inc.(a)

     60,600        194,722  

Hankyu Hanshin Holdings, Inc.

     2,300        69,122  

Idemitsu Kosan Co. Ltd.

     7,600        164,607  

Inpex Corp.

     16,300        153,040  

ITOCHU Corp.

     3,700        89,493  

Itochu Techno-Solutions Corp.

     5,800        135,839  

Japan Post Holdings Co. Ltd.

     30,600        202,464  

Japan Post Insurance Co. Ltd.

     13,400        187,560  

Japan Tobacco, Inc.

     5,900        96,767  

Kajima Corp.

     6,100        57,862  

Kansai Electric Power Co., Inc.(a)

     8,700        72,848  

KDDI Corp.

     3,900        114,323  

Kintetsu Group Holdings Co. Ltd.(a)

     2,200        73,260  

 

See Notes to Financial Statements.

 

50   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kirin Holdings Co. Ltd.

     6,400      $ 98,468  

Marubeni Corp.

     4,400        38,545  

McDonald’s Holdings Co. Japan Ltd.

     6,600        229,811  

MEIJI Holdings Co. Ltd.

     2,100        93,288  

Mitsubishi Chemical Group Corp.

     6,700        30,624  

Mitsubishi Corp.(a)

     2,600        71,276  

Mitsubishi Heavy Industries Ltd.

     1,500        49,805  

Mitsui Fudosan Co. Ltd.(a)

     1,500        28,545  

Mitsui OSK Lines Ltd.(a)

     1,200        21,572  

Mizuho Financial Group, Inc.

     18,800        202,943  

MS&AD Insurance Group Holdings, Inc.

     7,500        198,763  

NGK Insulators Ltd.

     4,300        53,473  

Nintendo Co. Ltd.(a)

     2,000        80,887  

Nippon Steel Corp.

     1,800        24,952  

Nippon Telegraph & Telephone Corp.

     4,800        129,530  

Nippon Yusen KK(a)

     6,300        107,376  

Nisshin Seifun Group, Inc.(a)

     6,100        61,866  

Nissin Foods Holdings Co. Ltd.(a)

     1,400        97,399  

Nomura Real Estate Holdings, Inc.

     1,300        29,414  

NTT Data Corp.

     2,000        25,783  

Oji Holdings Corp.

     16,200        60,213  

Olympus Corp.

     3,500        67,185  

Ono Pharmaceutical Co. Ltd.(a)

     7,200        168,180  

Oracle Corp.

     600        31,918  

Osaka Gas Co. Ltd.

     5,300        80,043  

Otsuka Holdings Co. Ltd.

     4,900        155,181  

SBI Holdings, Inc.

     1,700        30,489  

SCSK Corp.

     6,400        96,832  

Secom Co. Ltd.

     1,500        85,765  

Seiko Epson Corp.

     2,300        31,303  

Sekisui Chemical Co. Ltd.

     13,200        161,233  

Sekisui House Ltd.

     11,800        195,736  

SG Holdings Co. Ltd.

     3,400        46,509  

SoftBank Corp.

     7,000        69,954  

Sompo Holdings, Inc.

     6,300        250,790  

Square Enix Holdings Co. Ltd.

     700        30,129  

Sumitomo Chemical Co. Ltd.

     14,500        49,788  

Sumitomo Corp.

     4,600        57,284  

Sumitomo Metal Mining Co. Ltd.

     1,000        28,740  

Sumitomo Mitsui Financial Group, Inc.

     1,300        36,141  

Suntory Beverage & Food Ltd.

     1,900        67,339  

Taisei Corp.

     1,800        49,991  

Takeda Pharmaceutical Co. Ltd.(a)

     6,100        158,753  

TIS, Inc.

     5,800        153,670  

Tobu Railway Co. Ltd.(a)

     3,700        87,167  

Tokio Marine Holdings, Inc.(a)

     14,100        249,864  

Tokyo Gas Co. Ltd.

     5,200        88,053  

Tokyu Corp.(a)

     4,600        52,342  

Toshiba Corp.

     1,600        56,906  

Tosoh Corp.

     3,900        43,380  

Trend Micro, Inc.

     3,100        167,481  

USS Co. Ltd.

     12,200        188,548  

Yakult Honsha Co. Ltd.

     1,400        81,343  

Yamato Holdings Co. Ltd.(a)

     3,800        57,153  
     

 

 

 
Total Japan               7,335,406  
Luxembourg – 0.6%

 

ArcelorMittal SA

     8,864      179,447  
Netherlands – 2.8%

 

Koninklijke Ahold Delhaize NV(a)

     10,136        259,514  

Koninklijke KPN NV(a)

     81,431        221,133  

OCI NV

     3,135        115,354  

Wolters Kluwer NV

     1,982        194,011  
     

 

 

 
Total Netherlands               790,012  
New Zealand – 0.7%

 

Mercury NZ Ltd.

     28,269        91,145  

Spark New Zealand Ltd.

     33,308        94,203  
     

 

 

 
Total New Zealand               185,348  
Norway – 2.3%

 

Equinor ASA

     8,140        267,493  

Kongsberg Gruppen ASA

     2,600        79,213  

Norsk Hydro ASA

     7,170        38,714  

Orkla ASA

     18,619        135,321  

Telenor ASA(a)

     6,418        58,695  

Yara International ASA

     1,995        70,172  
     

 

 

 
Total Norway               649,608  
Portugal – 0.4%

 

Jeronimo Martins SGPS SA

     6,824        127,352  
Russia – 0.0%

 

Evraz PLC

     17,300        0  
Singapore – 4.4%

 

Capitaland Investment Ltd.

     12,300        29,745  

CapLand Ascendas REIT

     23,900        44,805  

City Developments Ltd.

     17,600        93,219  

DBS Group Holdings Ltd.

     4,200        97,734  

Genting Singapore Ltd.

     370,700        202,801  

Oversea-Chinese Banking Corp. Ltd.

     12,700        104,705  

Singapore Exchange Ltd.

     47,600        313,817  

Singapore Telecommunications Ltd.

     23,400        43,378  

United Overseas Bank Ltd.

     16,800        306,285  
     

 

 

 
Total Singapore               1,236,489  
Spain – 3.6%

 

Acciona SA

     442        78,201  

ACS Actividades de Construccion y Servicios SA

     6,233        141,235  

Enagas SA

     6,944        107,755  

Endesa SA

     6,943        104,882  

Iberdrola SA

     7,776        72,993  

Naturgy Energy Group SA(a)

     3,454        80,295  

Red Electrica Corp. SA

     7,141        109,902  

Repsol SA

     22,014        254,587  

Telefonica SA*

     16,455        54,422  
     

 

 

 
Total Spain               1,004,272  
Sweden – 1.7%

 

Essity AB, Class B

     2,942        58,535  

Swedish Match AB

     25,039        248,190  

Tele2 AB, Class B(a)

     5,247        45,390  

Telefonaktiebolaget LM Ericsson, Class B(a)

     13,916        82,123  

 

See Notes to Financial Statements.

 

WisdomTree Trust      51  


Schedule of Investments (unaudited) (continued)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2022

 

 

 

Investments    Shares      Value  

Telia Co. AB

     18,677      $ 53,906  
     

 

 

 
Total Sweden               488,144  
Switzerland – 7.2%

 

Baloise Holding AG, Registered Shares

     1,663        214,074  

Barry Callebaut AG, Registered Shares

     132        250,656  

Kuehne + Nagel International AG, Registered Shares

     913        187,377  

Nestle SA, Registered Shares

     2,365        257,297  

Novartis AG, Registered Shares

     4,214        323,376  

Roche Holding AG

     1,049        344,728  

Swisscom AG, Registered Shares

     450        211,913  

Zurich Insurance Group AG

     614        246,411  
     

 

 

 
Total Switzerland               2,035,832  
United Kingdom – 12.6%

 

BAE Systems PLC

     39,809        350,977  

British American Tobacco PLC

     7,539        271,535  

BT Group PLC

     110,880        150,201  

CK Hutchison Holdings Ltd.

     25,500        140,983  

Coca-Cola Europacific Partners PLC

     1,602        68,277  

Glencore PLC

     54,473        290,754  

Imperial Brands PLC

     14,812        306,717  

J. Sainsbury PLC

     125,557        244,298  

National Grid PLC

     27,382        284,574  

Pearson PLC

     16,101        155,795  

Reckitt Benckiser Group PLC

     4,106        273,912  

Shell PLC

     10,247        256,971  

Tesco PLC

     104,461        241,149  

Unilever PLC

     6,834        302,787  

Vodafone Group PLC

     192,783      217,614  
     

 

 

 
Total United Kingdom               3,556,544  
United States – 1.4%

 

GSK PLC

     26,891        391,981  
TOTAL COMMON STOCKS
(Cost: $31,145,743)

 

     27,624,331  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.2%

 

United States – 7.2%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

     
(Cost: $2,026,682)      2,026,682        2,026,682  
TOTAL INVESTMENTS IN SECURITIES – 104.9%
(Cost: $33,172,425)

 

     29,651,013  

Other Assets less Liabilities – (4.9)%

 

     (1,392,294
     

 

 

 
NET ASSETS – 100.0%

 

   $ 28,258,719  
*

Non-income producing security.

 

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

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,591,281 and the total market value of the collateral held by the Fund was $3,037,780. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,011,098.

 

(b) 

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

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

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

Bank of America NA

    10/19/2022       2,956,869       USD       4,422,879       AUD     $ 112,767     $  

Bank of America NA

    10/19/2022       85,169       USD       634,125       DKK       1,533        

Bank of America NA

    10/19/2022       4,334,587       USD       4,339,341       EUR       79,196        

Bank of America NA

    10/19/2022       3,520,040       USD       502,617,077       JPY       42,809        

Bank of America NA

    10/19/2022       104,197       USD       174,956       NZD       5,228        

Citibank NA

    10/19/2022       32,338       AUD       21,000       USD             (205

Citibank NA

    10/19/2022       15,742       CHF       15,916       USD       99        

Citibank NA

    10/19/2022       4,656       DKK       605       USD       9        

Citibank NA

    10/19/2022       31,857       EUR       30,785       USD       456        

Citibank NA

    10/19/2022       17,385       GBP       18,764       USD       649        

Citibank NA

    10/19/2022       3,601,797       JPY       25,000       USD             (82

Citibank NA

    10/19/2022       47,333       NOK       4,415       USD             (71

Citibank NA

    10/19/2022       1,296       NZD       740       USD             (7

Citibank NA

    10/19/2022       21,276       SEK       1,888       USD       30        

Citibank NA

    10/19/2022       7,091       SGD       4,944       USD             (2

HSBC Holdings PLC

    10/19/2022       621,633       USD       6,369,395       NOK       37,116        

HSBC Holdings PLC

    10/19/2022       265,778       USD       2,866,883       SEK       7,273        

UBS AG

    10/19/2022       2,240,986       USD       2,151,701       CHF       51,962        

UBS AG

    10/19/2022       2,642,068       USD       2,318,067       GBP       53,579        

UBS AG

    10/19/2022       696,156       USD       980,768       SGD       12,551        
                                            $ 405,257     $ (367

 

See Notes to Financial Statements.

 

52   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Multifactor Fund (DWMF)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

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

Assets:

           

Investments in Securities

           

Common Stocks

           

Russia

   $      $      $ 0    $ 0  

Other

     27,624,331                      27,624,331  

Investment of Cash Collateral for Securities Loaned

            2,026,682               2,026,682  

Total Investments in Securities

   $ 27,624,331      $ 2,026,682      $ 0      $ 29,651,013  

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ 405,257      $      $ 405,257  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (367    $      $ (367

Total – Net

   $ 27,624,331      $ 2,431,572      $ 0      $ 30,055,903  
*

Security is being fair valued using significant unobservable inputs by the Pricing Committee.

 

1 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      53  


Schedule of Investments (unaudited)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 99.6%

 

Australia – 15.0%

 

ARB Corp. Ltd.(a)

     5,463      $ 97,540  

Aristocrat Leisure Ltd.

     21,044        445,415  

Beach Energy Ltd.

     186,778        178,332  

BHP Group Ltd.

     609,586        15,097,270  

Breville Group Ltd.(a)

     7,561        88,282  

carsales.com Ltd.

     39,832        481,724  

Cochlear Ltd.

     5,874        734,717  

Codan Ltd.

     27,296        99,508  

Coles Group Ltd.

     330,912        3,495,644  

CSL Ltd.

     33,747        6,184,259  

Domino’s Pizza Enterprises Ltd.(a)

     8,115        268,808  

Eagers Automotive Ltd.(a)

     47,720        337,191  

Evolution Mining Ltd.

     339,137        446,999  

Netwealth Group Ltd.

     27,040        210,885  

OZ Minerals Ltd.(a)

     29,411        487,495  

REA Group Ltd.(a)

     7,224        533,440  

Rio Tinto Ltd.

     255,789        13,979,897  

Technology One Ltd.

     28,983        197,527  

WiseTech Global Ltd.

     2,548        85,188  
     

 

 

 
Total Australia

 

     43,450,121  
Belgium – 0.2%

 

Melexis NV

     7,343        503,550  
China – 1.1%

 

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a)

     198,000        222,469  

BYD Electronic International Co. Ltd.(a)

     191,000        461,326  

China Nonferrous Mining Corp. Ltd.(a)

     723,000        276,309  

Lenovo Group Ltd.

     3,288,000        2,286,969  
     

 

 

 
Total China

 

     3,247,073  
Denmark – 8.6%

 

AP Moller – Maersk A/S, Class B

     1,070        1,954,644  

Coloplast A/S, Class B

     25,724        2,629,373  

DSV A/S

     3,632        428,763  

GN Store Nord A/S

     5,084        89,825  

Netcompany Group A/S*(b)

     1,471        49,654  

Novo Nordisk A/S, Class B

     180,977        18,155,165  

Royal Unibrew A/S

     6,093        397,295  

SimCorp A/S

     4,574        259,076  

Vestas Wind Systems A/S

     44,310        826,781  
     

 

 

 
Total Denmark

 

     24,790,576  
Finland – 2.7%

 

Kesko Oyj, Class A

     20,815        375,610  

Kesko Oyj, Class B

     53,757        1,008,234  

Neste Oyj

     88,986        3,905,445  

Nokian Renkaat Oyj

     34,289        332,553  

Orion Oyj, Class B

     35,665        1,505,181  

Tokmanni Group Corp.

     18,772        205,600  

Uponor Oyj

     6,012        79,392  

Valmet Oyj

     21,795        444,751  
     

 

 

 
Total Finland

 

     7,856,766  
France – 10.9%

 

Alten SA

     2,428      $ 270,446  

Arkema SA

     12,424        913,811  

BioMerieux

     6,061        483,325  

Bureau Veritas SA

     42,230        950,697  

Cie Generale des Etablissements Michelin SCA

     85,984        1,950,443  

Hermes International

     2,637        3,143,920  

Kering SA

     9,952        4,470,621  

La Francaise des Jeux SAEM(b)

     26,353        786,635  

LVMH Moet Hennessy Louis Vuitton SE

     27,506        16,447,988  

Sartorius Stedim Biotech

     772        239,820  

SEB SA(a)

     7,926        502,376  

Teleperformance

     2,998        766,261  

Trigano SA

     2,855        253,399  

Verallia SA(b)

     24,732        560,168  
     

 

 

 
Total France

 

     31,739,910  
Germany – 5.1%

 

adidas AG

     14,538        1,693,106  

Covestro AG(b)

     35,664        1,032,075  

Dermapharm Holding SE

     6,215        226,980  

Deutsche Post AG, Registered Shares

     203,681        6,208,564  

Eckert & Ziegler Strahlen – und Medizintechnik AG

     1,565        52,710  

Fielmann AG

     14,111        455,634  

Hamburger Hafen und Logistik AG

     14,575        159,347  

Hapag-Lloyd AG(a)(b)

     21,947        3,756,115  

Instone Real Estate Group SE(b)

     9,069        75,607  

Knorr-Bremse AG

     15,879        690,369  

Nemetschek SE

     3,424        165,133  

Varta AG(a)

     5,073        145,863  

VERBIO Vereinigte BioEnergie AG

     2,668        158,129  
     

 

 

 
Total Germany

 

     14,819,632  
Hong Kong – 0.5%

 

Techtronic Industries Co. Ltd.

     144,500        1,396,237  
Ireland – 0.1%

 

Kingspan Group PLC

     5,352        242,965  
Israel – 0.8%

 

Altshuler Shaham Penn Ltd.

     46,529        100,892  

AudioCodes Ltd.

     4,134        89,652  

Delek Automotive Systems Ltd.

     70,597        957,819  

Hilan Ltd.

     3,218        172,794  

Matrix IT Ltd.

     14,602        332,102  

One Software Technologies Ltd.

     12,580        190,979  

Strauss Group Ltd.

     23,329        555,966  
     

 

 

 
Total Israel

 

     2,400,204  
Italy – 1.6%

 

Amplifon SpA

     8,090        213,192  

Carel Industries SpA(b)

     4,642        87,040  

De’ Longhi SpA(a)

     16,976        250,622  

DiaSorin SpA(a)

     1,848        207,833  

Ferrari NV

     6,461        1,213,368  

Gruppo MutuiOnline SpA

     4,480        88,128  

GVS SpA*(b)

     2,969        17,539  

 

See Notes to Financial Statements.

 

54   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

Interpump Group SpA

     3,394      $ 111,119  

Moncler SpA

     12,480        518,261  

RAI Way SpA(b)

     129,251        591,825  

Recordati Industria Chimica e Farmaceutica SpA

     26,517        979,087  

Reply SpA

     823        86,753  

Technogym SpA(b)

     32,602        205,046  
     

 

 

 
Total Italy

 

     4,569,813  
Japan – 12.7%

 

Anritsu Corp.

     38,200        416,718  

Asahi Holdings, Inc.(a)

     19,800        277,688  

Astellas Pharma, Inc.

     340,100        4,504,278  

BayCurrent Consulting, Inc.

     300        78,034  

Benefit One, Inc.

     3,600        50,563  

BML, Inc.

     13,900        313,061  

Capcom Co. Ltd.(a)

     24,800        623,662  

Cosmos Pharmaceutical Corp.

     2,600        257,764  

Create SD Holdings Co. Ltd.

     700        15,161  

Cybozu, Inc.

     1,400        14,508  

Daiwabo Holdings Co. Ltd.

     29,300        377,118  

Digital Arts, Inc.

     1,200        52,147  

Disco Corp.

     5,700        1,260,147  

eGuarantee, Inc.

     8,100        139,621  

Elecom Co. Ltd.(a)

     38,300        382,087  

en Japan, Inc.

     3,000        46,240  

eRex Co. Ltd.

     1,700        32,744  

Fancl Corp.

     4,600        91,399  

Fast Retailing Co. Ltd.

     4,500        2,384,849  

Fujimi, Inc.

     3,100        129,573  

Funai Soken Holdings, Inc.(a)

     16,500        279,854  

Future Corp.

     16,900        184,826  

Goldwin, Inc.

     3,400        179,930  

Haseko Corp.

     113,700        1,234,051  

Hoya Corp.

     15,900        1,524,695  

IR Japan Holdings Ltd.(a)

     900        12,747  

Japan Elevator Service Holdings Co. Ltd.(a)

     3,000        39,276  

Japan Material Co. Ltd.(a)

     4,500        57,453  

JCR Pharmaceuticals Co. Ltd.

     8,000        119,659  

JCU Corp.

     2,100        42,379  

Justsystems Corp.

     3,500        80,884  

Kakaku.com, Inc.

     16,500        280,652  

Kaken Pharmaceutical Co. Ltd.

     5,500        144,962  

Keyence Corp.

     4,700        1,555,356  

KH Neochem Co. Ltd.

     13,700        249,495  

Kobe Bussan Co. Ltd.(a)

     6,200        149,705  

Koei Tecmo Holdings Co. Ltd.(a)

     43,400        712,114  

Lasertec Corp.

     2,100        213,199  

M3, Inc.

     7,600        212,702  

MCJ Co. Ltd.

     37,100        254,519  

Meitec Corp.

     24,200        383,535  

Milbon Co. Ltd.

     2,300        101,219  

MonotaRO Co. Ltd.

     19,400        297,812  

Nihon M&A Center Holdings, Inc.

     7,300        83,871  

Nippon Shinyaku Co. Ltd.

     6,100        311,859  

Nissan Chemical Corp.

     15,200      677,329  

Nojima Corp.(a)

     32,900        306,395  

Nomura Research Institute Ltd.

     36,900        905,005  

NSD Co. Ltd.(a)

     16,000        272,037  

Olympus Corp.

     46,400        890,686  

Otsuka Corp.

     36,300        1,134,806  

Outsourcing, Inc.

     3,873        29,353  

Pasona Group, Inc.

     2,200        30,398  

Pilot Corp.

     12,400        470,317  

Recruit Holdings Co. Ltd.

     38,700        1,112,513  

Shionogi & Co. Ltd.

     38,800        1,873,455  

Shoei Co. Ltd.

     1,500        54,199  

Solasto Corp.

     17,400        103,742  

Sysmex Corp.

     6,900        370,301  

Taiyo Yuden Co. Ltd.

     7,900        203,306  

TechnoPro Holdings, Inc.

     15,700        334,620  

Toei Animation Co. Ltd.(a)

     1,000        85,392  

Tokyo Electron Ltd.

     22,500        5,549,415  

Trend Micro, Inc.

     27,700        1,496,521  

UT Group Co. Ltd.

     2,700        44,433  

ValueCommerce Co. Ltd.

     1,600        24,473  

Wacom Co. Ltd.(a)

     43,600        214,167  

West Holdings Corp.

     2,000        57,550  

Workman Co. Ltd.(a)

     3,000        94,926  

ZOZO, Inc.

     21,400        427,867  
     

 

 

 
Total Japan

 

     36,917,322  
Netherlands – 3.7%

 

ASM International NV

     3,298        755,219  

ASML Holding NV

     12,900        5,479,612  

BE Semiconductor Industries NV

     15,344        670,266  

IMCD NV

     236        28,345  

Randstad NV(a)

     56,803        2,480,745  

Signify NV(b)

     22,450        585,677  

STMicroelectronics NV(a)

     25,948        819,794  
     

 

 

 
Total Netherlands

 

     10,819,658  
Norway – 1.0%

 

AF Gruppen ASA

     30,922        392,724  

Aker BP ASA

     80,685        2,314,541  

TOMRA Systems ASA

     8,678        153,201  
     

 

 

 
Total Norway

 

     2,860,466  
Portugal – 0.6%

 

Altri SGPS SA

     80,609        408,663  

Jeronimo Martins SGPS SA

     68,844        1,284,789  
     

 

 

 
Total Portugal

 

     1,693,452  
Singapore – 0.8%

 

iFAST Corp. Ltd.(a)

     14,700        40,466  

Japfa Ltd.

     504,500        195,134  

Sheng Siong Group Ltd.

     838,400        923,181  

Singapore Exchange Ltd.

     179,900        1,186,043  
     

 

 

 
Total Singapore

 

     2,344,824  
Spain – 3.6%

 

Cie Automotive SA

     22,850        476,353  

 

See Notes to Financial Statements.

 

WisdomTree Trust      55  


Schedule of Investments (unaudited) (continued)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2022

 

 

 

Investments    Shares      Value  

Faes Farma SA

     93,173      $ 338,637  

Industria de Diseno Textil SA(a)

     463,132        9,654,888  

Laboratorios Farmaceuticos Rovi SA

     2,297        99,461  
     

 

 

 
Total Spain

 

     10,569,339  
Sweden – 5.5%

 

AddLife AB, Class B

     4,692        49,171  

AddTech AB, Class B

     4,063        53,966  

Assa Abloy AB, Class B

     110,457        2,087,212  

Atlas Copco AB, Class A

     247,371        2,336,065  

Atlas Copco AB, Class B

     194,323        1,633,031  

Beijer Alma AB

     5,959        78,290  

Beijer Ref AB

     21,601        267,640  

Bilia AB, Class A

     27,642        318,079  

Epiroc AB, Class A

     62,074        895,801  

Epiroc AB, Class B

     29,060        369,224  

EQT AB(a)

     39,847        786,707  

Evolution AB(b)

     6,708        536,036  

Hexpol AB

     57,988        480,207  

Husqvarna AB, Class B(a)

     70,146        392,527  

Indutrade AB

     17,367        285,446  

Instalco AB

     8,736        35,302  

JM AB

     18,239        254,253  

Lifco AB, Class B

     14,862        209,186  

Mycronic AB

     20,989        255,329  

Nibe Industrier AB, Class B

     27,890        251,569  

Nolato AB, Class B

     15,684        71,866  

Nordnet AB publ

     22,076        251,842  

Paradox Interactive AB

     11,259        180,235  

Samhallsbyggnadsbolaget i Norden AB(a)

     159,259        174,579  

Sandvik AB

     164,619        2,262,909  

SKF AB, Class B(a)

     89,293        1,208,946  

Thule Group AB(a)(b)

     10,893        219,381  
     

 

 

 
Total Sweden

 

     15,944,799  
Switzerland – 11.8%

 

Coca-Cola HBC AG

     57,795        1,221,943  

EMS-Chemie Holding AG, Registered Shares

     3,210        2,049,769  

Kuehne + Nagel International AG, Registered Shares(a)

     11,612        2,383,159  

Logitech International SA, Registered Shares(a)

     12,696        592,717  

Partners Group Holding AG

     3,499        2,860,346  

Roche Holding AG

     50,339        16,542,697  

Roche Holding AG, Bearer Shares

     11,817        4,655,964  

Schindler Holding AG, Participation Certificate

     2,042        320,849  

Schindler Holding AG, Registered Shares

     9,561        1,457,099  

SFS Group AG

     3,637        314,831  

Sonova Holding AG, Registered Shares

     3,877        866,589  

Straumann Holding AG, Registered Shares

     3,560        332,182  

Temenos AG, Registered Shares

     4,176        286,136  

VAT Group AG(b)

     1,968        407,496  
     

 

 

 
Total Switzerland

 

     34,291,777  
United Kingdom – 13.3%

 

AJ Bell PLC

     81,446        244,752  

Anglo American PLC

     426,813        13,033,320  

Antofagasta PLC

     184,294      2,294,888  

Ashtead Group PLC

     19,376        883,778  

Auto Trader Group PLC(b)

     37,796        217,287  

Bellway PLC

     14,603        277,611  

Burberry Group PLC

     39,337        793,927  

Computacenter PLC

     14,107        304,402  

Cranswick PLC

     3,657        109,406  

Croda International PLC

     7,575        545,072  

Diageo PLC

     228,414        9,682,805  

Dunelm Group PLC(a)

     26,476        215,752  

EMIS Group PLC

     2,981        62,893  

Ferrexpo PLC

     368,409        500,086  

Fevertree Drinks PLC(a)

     4,374        40,893  

Fresnillo PLC(a)

     103,075        885,061  

Games Workshop Group PLC

     1,630        105,444  

Hikma Pharmaceuticals PLC

     23,130        352,056  

Howden Joinery Group PLC

     33,375        188,220  

IMI PLC

     32,184        402,023  

Intertek Group PLC

     9,858        407,936  

James Halstead PLC(a)

     39,535        91,134  

Kainos Group PLC

     4,143        59,521  

Polar Capital Holdings PLC

     46,325        214,607  

RELX PLC

     180,836        4,445,114  

Rightmove PLC

     33,915        182,557  

RS Group PLC

     23,409        253,214  

Softcat PLC

     15,284        203,032  

Spirax-Sarco Engineering PLC

     2,792        324,138  

Synthomer PLC

     68,965        81,990  

Taylor Wimpey PLC

     846,324        834,215  

Victrex PLC

     10,184        189,852  
     

 

 

 
Total United Kingdom

 

     38,426,986  

TOTAL COMMON STOCKS

(Cost: $390,263,472)

 

 

     288,885,470  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 4.8%

 

United States – 4.8%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(c)

 

  
(Cost: $14,043,325)      14,043,325        14,043,325  

TOTAL INVESTMENTS IN SECURITIES – 104.4%

(Cost: $404,306,797)

 

 

     302,928,795  

Other Assets less Liabilities – (4.4)%

 

     (12,828,029
     

 

 

 
NET ASSETS – 100.0%

 

   $ 290,100,766  
* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $15,795,748 and the total market value of the collateral held by the Fund was $16,769,107. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,725,782.

 

(b) 

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

 

(c) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

See Notes to Financial Statements.

 

56   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International Quality Dividend Growth Fund (IQDG)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

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

Assets:

           

Investments in Securities

           

Common Stocks

   $ 288,885,470      $      $      $ 288,885,470  

Investment of Cash Collateral for Securities Loaned

            14,043,325               14,043,325  

Total Investments in Securities

   $ 288,885,470      $ 14,043,325      $      $ 302,928,795  

 

See Notes to Financial Statements.

 

WisdomTree Trust      57  


Schedule of Investments (unaudited)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.7%

 

Australia – 12.7%

 

Accent Group Ltd.

     1,258,423      $ 1,035,652  

Adairs Ltd.(a)

     678,088        789,118  

Adbri Ltd.

     1,269,680        1,502,067  

ARB Corp. Ltd.(a)

     85,667        1,529,560  

AUB Group Ltd.

     133,178        1,624,340  

Austal Ltd.

     696,762        1,021,401  

Australian Finance Group Ltd.(a)

     1,030,883        1,063,804  

Autosports Group Ltd.(a)

     199,258        272,881  

Bapcor Ltd.

     420,060        1,652,875  

Beach Energy Ltd.

     1,322,360        1,262,564  

Beacon Lighting Group Ltd.(a)

     686,099        851,376  

Bega Cheese Ltd.

     351,501        781,952  

Bell Financial Group Ltd.(a)

     1,152,525        748,426  

Breville Group Ltd.(a)

     92,286        1,077,529  

Brickworks Ltd.

     161,879        2,241,885  

Centuria Capital Group

     1,697,285        1,675,098  

Codan Ltd.

     208,964        761,784  

Collins Foods Ltd.

     153,970        864,226  

Costa Group Holdings Ltd.

     655,295        943,761  

Credit Corp. Group Ltd.

     78,242        866,767  

Cromwell Property Group

     8,884,554        3,827,257  

CSR Ltd.

     1,190,164        3,405,211  

Dicker Data Ltd.(a)

     195,102        1,283,260  

Eagers Automotive Ltd.(a)

     337,951        2,387,969  

Elders Ltd.

     305,169        2,325,069  

First Resources Ltd.

     1,200,700        1,171,496  

Fleetwood Ltd.(a)

     188,606        175,833  

Genworth Mortgage Insurance Australia Ltd.

     372,385        651,236  

GrainCorp Ltd., Class A

     268,610        1,347,082  

Growthpoint Properties Australia Ltd.

     2,231,836        4,405,324  

GUD Holdings Ltd.

     240,172        1,144,242  

GWA Group Ltd.

     661,365        812,179  

Healius Ltd.

     780,595        1,691,347  

Home Consortium Ltd.

     270,815        783,542  

HT&E Ltd.

     469,732        362,417  

Iluka Resources Ltd.

     347,321        2,023,189  

Ingenia Communities Group

     463,774        1,109,243  

Inghams Group Ltd.(a)

     1,092,058        1,671,090  

Insignia Financial Ltd.

     1,094,568        2,076,070  

Integral Diagnostics Ltd.

     339,119        603,961  

InvoCare Ltd.(a)

     155,302        1,007,501  

IPH Ltd.

     354,256        2,161,527  

IRESS Ltd.

     329,710        1,890,924  

Kelsian Group Ltd.(a)

     261,885        813,270  

Lovisa Holdings Ltd.(a)

     91,972        1,257,767  

MA Financial Group Ltd.

     235,588        584,679  

Macmahon Holdings Ltd.

     2,644,224        255,016  

McMillan Shakespeare Ltd.

     237,861        1,969,773  

Metcash Ltd.

     2,474,019        6,155,894  

Monadelphous Group Ltd.

     191,221        1,605,669  

Monash IVF Group Ltd.

     1,171,575        681,704  

MyState Ltd.

     358,724        878,744  

Navigator Global Investments Ltd.

     534,554      388,371  

Netwealth Group Ltd.

     122,867        958,238  

New Hope Corp. Ltd.(a)

     1,924,898        7,784,586  

NIB Holdings Ltd.

     1,060,817        5,067,648  

Nick Scali Ltd.(a)

     184,242        1,099,294  

NRW Holdings Ltd.

     1,049,840        1,606,487  

Omni Bridgeway Ltd.*

     199,029        483,710  

Orora Ltd.

     2,353,357        4,539,272  

Pact Group Holdings Ltd.

     615,383        534,142  

Pendal Group Ltd.

     1,410,451        4,080,822  

Perpetual Ltd.(a)

     117,066        1,775,562  

Pinnacle Investment Management Group Ltd.(a)

     249,309        1,332,037  

Platinum Asset Management Ltd.(a)

     2,015,069        2,202,500  

PSC Insurance Group Ltd.

     393,999        1,215,944  

Reliance Worldwide Corp. Ltd.

     1,271,950        2,772,343  

Resimac Group Ltd.(a)

     1,238,414        780,313  

Sims Ltd.

     382,039        3,286,556  

SmartGroup Corp. Ltd.

     387,071        1,241,848  

SRG Global Ltd.

     1,320,107        568,671  

Super Retail Group Ltd.(a)

     624,260        3,564,147  

Tassal Group Ltd.

     449,521        1,494,231  

Technology One Ltd.

     275,503        1,877,627  

United Malt Group Ltd.(a)

     283,346        570,215  

Viva Energy Group Ltd.(b)

     1,289,089        2,163,219  
     

 

 

 
Total Australia

 

     126,474,334  
Austria – 1.2%

 

AT&S Austria Technologie & Systemtechnik AG

     29,925        986,484  

Kontron AG(a)

     54,679        780,460  

Oesterreichische Post AG(a)

     192,467        5,147,422  

POLYTEC Holding AG(a)

     63,436        281,828  

S IMMO AG(a)

     78,735        1,750,913  

Semperit AG Holding(a)

     72,295        1,218,169  

UNIQA Insurance Group AG

     227,970        1,353,384  
     

 

 

 
Total Austria

 

     11,518,660  
Belgium – 1.3%

 

Befimmo SA(a)

     77,910        3,564,355  

Bekaert SA

     109,987        2,788,537  

Deceuninck NV(a)

     237,500        442,997  

Econocom Group SA/NV

     513,374        1,282,463  

Intervest Offices & Warehouses NV

     87,712        2,002,100  

Ion Beam Applications

     35,004        411,500  

TINC Comm VA(a)

     72,444        882,864  

Xior Student Housing NV

     43,509        1,359,692  
     

 

 

 
Total Belgium

 

     12,734,508  
China – 3.4%

 

Beijing Tong Ren Tang Chinese Medicine Co. Ltd.(a)

     1,052,000        1,182,007  

China Nonferrous Mining Corp. Ltd.(a)

     8,582,000        3,279,787  

CITIC Telecom International Holdings Ltd.

     14,003,822        4,531,231  

CPMC Holdings Ltd.(a)

     3,103,009        1,292,607  

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

     4,517,700        2,313,552  

Poly Property Group Co. Ltd.

     9,407,600        1,677,810  

Shanghai Industrial Holdings Ltd.

     3,340,000        3,616,607  

 

See Notes to Financial Statements.

 

58   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Shoucheng Holdings Ltd.(a)

     15,268,000      $ 2,314,542  

Shougang Fushan Resources Group Ltd.

     17,263,612        5,036,201  

Simcere Pharmaceutical Group Ltd.(a)(b)

     2,739,000        2,376,156  

Sino-Ocean Group Holding Ltd.

     28,763,500        3,004,633  

Yanlord Land Group Ltd.

     4,545,600        3,025,331  

Zensun Enterprises Ltd.*(a)

     3,056,000        630,673  
     

 

 

 
Total China

 

     34,281,137  
Denmark – 1.9%

 

Alm Brand A/S

     2,987,348        3,660,435  

Cementir Holding NV

     172,530        944,816  

Chemometec A/S

     9,106        694,657  

D/S Norden A/S

     103,197        4,369,954  

FLSmidth & Co. A/S

     27,600        603,281  

Per Aarsleff Holding A/S

     17,333        426,137  

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

     295,366        4,300,181  

Spar Nord Bank A/S

     172,022        1,921,957  

Sydbank A/S

     79,837        2,194,232  
     

 

 

 
Total Denmark

 

     19,115,650  
Finland – 2.0%

 

Aktia Bank Oyj

     213,776        2,025,145  

Anora Group Oyj

     240,561        1,602,525  

Cargotec Oyj, Class B

     77,834        2,371,377  

Fiskars Oyj Abp

     96,260        1,401,314  

Kemira Oyj

     271,000        3,013,256  

Lassila & Tikanoja Oyj(a)

     76,519        747,369  

Oma Saastopankki Oyj

     47,708        816,030  

Raisio Oyj, Class V

     442,808        818,141  

Sanoma Oyj

     153,713        1,846,171  

Terveystalo Oyj(a)(b)

     104,350        845,413  

Tokmanni Group Corp.

     164,730        1,804,203  

Uponor Oyj

     133,736        1,766,075  

Verkkokauppa.com Oyj(a)

     115,310        344,538  

YIT Oyj(a)

     322,273        907,364  
     

 

 

 
Total Finland

 

     20,308,921  
France – 3.2%

 

ABC Arbitrage

     113,522        711,755  

Chargeurs SA(a)

     96,139        1,117,005  

Coface SA

     293,241        2,825,335  

Fnac Darty SA

     23,777        661,525  

Groupe SFPI

     152,713        314,171  

IPSOS

     77,110        3,467,322  

Kaufman & Broad SA(a)

     67,525        1,332,940  

Lectra

     7,257        201,905  

Metropole Television SA(a)

     417,459        5,067,059  

Nexity SA

     195,182        3,992,465  

Quadient SA

     51,969        724,469  

Societe BIC SA

     114,729        7,294,386  

Television Francaise 1

     499,268        2,883,290  

Vicat SA

     75,418        1,703,008  
     

 

 

 
Total France

 

     32,296,635  
Germany – 2.3%

 

7C Solarparken AG

     182,137        828,810  

Aareal Bank AG

     44,717      1,446,507  

AURELIUS Equity Opportunities SE & Co. KGaA

     59,305        1,107,931  

Bilfinger SE

     120,730        3,051,446  

CANCOM SE

     28,905        689,797  

CropEnergies AG

     124,187        1,498,848  

Deutsche Pfandbriefbank AG(b)

     164,113        1,139,882  

DIC Asset AG

     175,937        1,339,211  

Encavis AG

     111,669        2,021,648  

Hamborner REIT AG

     234,705        1,623,297  

Hamburger Hafen und Logistik AG

     85,392        933,581  

Hensoldt AG

     48,823        982,895  

Hornbach Holding AG & Co. KGaA

     14,333        904,261  

Instone Real Estate Group SE(b)

     67,226        560,451  

MLP SE

     179,711        915,480  

Mutares SE & Co. KGaA

     74,561        1,086,890  

NORMA Group SE

     38,128        516,579  

PATRIZIA SE

     92,131        951,299  

Wacker Neuson SE

     104,252        1,375,697  

Wuestenrot & Wuerttembergische AG

     31,038        414,135  
     

 

 

 
Total Germany

 

     23,388,645  
Hong Kong – 1.9%

 

Dah Sing Banking Group Ltd.

     2,995,600        1,984,372  

Dah Sing Financial Holdings Ltd.

     646,229        1,471,939  

Fortune Real Estate Investment Trust

     5,678,000        4,137,398  

Hutchison Port Holdings Trust

     31,115,900        5,725,326  

Kowloon Development Co. Ltd.

     2,119,000        2,448,353  

Nissin Foods Co. Ltd.(a)

     2,064,000        1,611,781  

Singamas Container Holdings Ltd.

     13,000,000        993,643  

Sun Hung Kai & Co. Ltd.

     2,118,000        763,569  
     

 

 

 
Total Hong Kong

 

     19,136,381  
Indonesia – 0.3%

 

Bumitama Agri Ltd.(a)

     1,769,600        709,123  

Nickel Industries Ltd.

     4,482,084        2,276,587  
     

 

 

 
Total Indonesia

 

     2,985,710  
Ireland – 0.1%

 

Kenmare Resources PLC

     187,010        816,249  

Origin Enterprises PLC

     167,542        594,980  
     

 

 

 
Total Ireland

 

     1,411,229  
Israel – 4.8%

 

Altshuler Shaham Penn Ltd.

     220,241        477,564  

Ashtrom Group Ltd.

     190,884        4,024,758  

Carasso Motors Ltd.

     223,164        1,227,793  

Delek Automotive Systems Ltd.

     283,887        3,851,615  

Elco Ltd.

     20,811        1,246,185  

Electra Real Estate Ltd.

     51,981        697,357  

Energix-Renewable Energies Ltd.

     538,638        2,116,967  

FIBI Holdings Ltd.

     42,405        1,919,345  

G City Ltd.

     330,923        1,544,348  

Gav-Yam Lands Corp. Ltd.

     317,684        2,627,532  

Harel Insurance Investments & Financial Services Ltd.

     314,015        2,780,808  

IDI Insurance Co. Ltd.

     58,915        1,601,465  

 

See Notes to Financial Statements.

 

WisdomTree Trust      59  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Magic Software Enterprises Ltd.

     65,699      $ 1,021,395  

Matrix IT Ltd.

     88,434        2,011,304  

Max Stock Ltd.

     308,733        450,464  

Maytronics Ltd.

     91,073        1,132,450  

Mega Or Holdings Ltd.

     44,658        1,310,720  

Mehadrin Ltd.*

     1        37  

Meitav Investment House Ltd.*

     208,516        783,170  

Menora Mivtachim Holdings Ltd.*

     71,276        1,376,407  

Mivne Real Estate KD Ltd.

     914,327        2,701,558  

Nawi Brothers Ltd.

     115,182        852,924  

One Software Technologies Ltd.

     88,519        1,343,817  

Palram Industries 1990 Ltd.

     78,217        853,184  

Paz Oil Co. Ltd.*

     1        63  

Phoenix Holdings Ltd.

     432,781        4,133,080  

Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.

     35,070        2,524,965  

Shapir Engineering and Industry Ltd.

     275,810        2,240,876  

Shufersal Ltd.

     215,914        1,356,652  
     

 

 

 
Total Israel

 

     48,208,803  
Italy – 3.5%

 

Alerion Cleanpower SpA(a)

     38,956        1,261,295  

Anima Holding SpA(b)

     1,099,808        3,156,860  

Ascopiave SpA

     200,759        414,981  

Banca IFIS SpA

     88,338        984,829  

Banca Popolare di Sondrio SpA(a)

     518,469        1,722,858  

BFF Bank SpA(b)

     946,354        6,322,791  

Cairo Communication SpA

     209,095        289,234  

Credito Emiliano SpA

     487,445        2,764,872  

doValue SpA(b)

     122,621        651,081  

Esprinet SpA(a)

     111,247        683,324  

Gruppo MutuiOnline SpA

     31,521        620,061  

GVS SpA*(a)(b)

     108,035        638,194  

Maire Tecnimont SpA(a)

     554,361        1,313,166  

MARR SpA

     71,782        680,006  

Piaggio & C. SpA(a)

     803,673        1,634,472  

RAI Way SpA(b)

     513,367        2,350,647  

Salcef Group SpA(a)

     93,069        1,280,097  

Sanlorenzo SpA

     31,196        1,006,990  

Sesa SpA

     8,453        926,642  

SOL SpA(a)

     75,999        1,168,903  

Technogym SpA(a)(b)

     226,461        1,424,293  

Unieuro SpA(a)(b)

     108,295        1,088,495  

Webuild SpA(a)

     1,185,835        1,457,937  

Zignago Vetro SpA

     92,438        1,001,559  
     

 

 

 
Total Italy

 

     34,843,587  
Japan – 29.7%

 

&Do Holdings Co. Ltd.

     50,600        300,639  

A&D HOLON Holdings Co. Ltd.

     59,000        332,613  

Achilles Corp.(a)

     19,500        175,270  

ADEKA Corp.

     97,501        1,455,661  

Advance Create Co. Ltd.(a)

     24,800        164,996  

Aeon Delight Co. Ltd.

     62,900        1,232,405  

Aeon Fantasy Co. Ltd.(a)

     48,000        1,149,055  

AEON Financial Service Co. Ltd.

     140,100      1,386,046  

Aica Kogyo Co. Ltd.

     64,500        1,394,763  

Airport Facilities Co. Ltd.(a)

     178,000        639,469  

Aisan Industry Co. Ltd.

     98,000        462,427  

AIT Corp.(a)

     84,700        848,492  

Akatsuki, Inc.

     30,700        441,586  

Alinco, Inc.(a)

     9,500        59,069  

Alleanza Holdings Co. Ltd.(a)

     56,000        379,923  

Alps Logistics Co. Ltd.

     58,100        415,444  

Amano Corp.

     70,400        1,181,885  

Amuse, Inc.(a)

     42,900        502,370  

Anest Iwata Corp.

     108,000        637,950  

Anritsu Corp.(a)

     94,600        1,031,976  

Aozora Bank Ltd.(a)

     141,100        2,516,980  

Arakawa Chemical Industries Ltd.(a)

     24,100        163,336  

ARTERIA Networks Corp.

     113,600        934,731  

Asahi Co. Ltd.

     61,900        558,509  

Asahi Holdings, Inc.(a)

     96,500        1,353,380  

Asahi Net, Inc.

     135,100        546,952  

Asahi Yukizai Corp.

     39,300        596,512  

Asante, Inc.(a)

     37,800        395,118  

Autobacs Seven Co. Ltd.(a)

     127,403        1,234,025  

Avantia Co. Ltd.(a)

     19,800        108,476  

Avex, Inc.(a)

     136,700        1,455,350  

Bando Chemical Industries Ltd.(a)

     96,400        683,315  

Bank of Iwate Ltd.

     31,900        394,935  

Bank of the Ryukyus Ltd.(a)

     54,000        285,398  

Baroque Japan Ltd.(a)

     113,500        616,332  

Benesse Holdings, Inc.(a)

     70,700        1,052,599  

BIPROGY, Inc.

     68,500        1,485,993  

BML, Inc.

     45,500        1,024,768  

Broadleaf Co. Ltd.(a)

     216,800        754,894  

Bunka Shutter Co. Ltd.

     131,000        926,761  

Cawachi Ltd.

     36,700        540,314  

Central Glass Co. Ltd.(a)

     35,000        804,000  

Central Security Patrols Co. Ltd.

     34,100        560,932  

Chilled & Frozen Logistics Holdings Co. Ltd.(a)

     39,900        304,601  

Chiyoda Co. Ltd.

     91,200        494,608  

Chori Co. Ltd.

     31,000        410,992  

Chugoku Bank Ltd.*(a)

     153,900        955,861  

Chukyo Bank Ltd.*(a)

     72,600        857,688  

Cleanup Corp.

     87,700        341,118  

CONEXIO Corp.(a)

     83,700        686,971  

Cosel Co. Ltd.

     69,000        390,894  

Cosmo Energy Holdings Co. Ltd.

     99,600        2,552,876  

Credit Saison Co. Ltd.

     147,700        1,726,543  

Cresco Ltd.(a)

     53,700        608,436  

CTI Engineering Co. Ltd.

     30,400        595,630  

CTS Co. Ltd.(a)

     127,800        643,657  

Cybernet Systems Co. Ltd.

     113,600        709,485  

Dai Nippon Toryo Co. Ltd.

     13,400        66,192  

Daicel Corp.(a)

     280,400        1,648,557  

Daido Metal Co. Ltd.(a)

     84,100        279,471  

Daido Steel Co. Ltd.(a)

     27,691        673,407  

 

See Notes to Financial Statements.

 

60   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Daiichikosho Co. Ltd.(a)

     49,700      $ 1,397,485  

Daiken Medical Co. Ltd.(a)

     139,400        448,792  

Daikoku Denki Co. Ltd.(a)

     29,300        263,355  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     24,400        285,730  

Daishi Hokuetsu Financial Group, Inc.

     81,540        1,510,866  

Daiwabo Holdings Co. Ltd.

     108,700        1,399,068  

DCM Holdings Co. Ltd.(a)

     114,900        934,314  

Denyo Co. Ltd.(a)

     33,500        318,695  

Dexerials Corp.(a)

     65,500        1,470,690  

DIC Corp.

     77,000        1,280,452  

DKS Co. Ltd.(a)

     15,300        201,999  

Dowa Holdings Co. Ltd.

     37,800        1,355,363  

Ebara Jitsugyo Co. Ltd.

     23,900        357,811  

EDION Corp.(a)

     111,700        909,065  

Ehime Bank Ltd.(a)

     52,600        312,885  

Electric Power Development Co. Ltd.

     180,000        2,546,824  

Elematec Corp.

     59,600        515,934  

Eslead Corp.(a)

     19,800        230,632  

ESPEC Corp.(a)

     48,200        569,762  

EXEO Group, Inc.

     102,200        1,476,391  

Ezaki Glico Co. Ltd.

     43,400        1,068,921  

Falco Holdings Co. Ltd.(a)

     34,100        411,334  

Feed One Co. Ltd.(a)

     42,100        193,710  

First Bank of Toyama Ltd.

     114,400        320,094  

First Juken Co. Ltd.(a)

     42,500        322,688  

FJ Next Holdings Co. Ltd.

     40,700        283,434  

France Bed Holdings Co. Ltd.(a)

     133,800        834,719  

Fudo Tetra Corp.

     46,600        474,226  

Fuji Co. Ltd.

     27,400        356,638  

Fuji Corp. Ltd.(a)

     7,600        32,606  

Fuji Oil Holdings, Inc.(a)

     64,500        1,072,141  

Fuji Pharma Co. Ltd.

     800        5,715  

Fujibo Holdings, Inc.

     21,400        485,675  

Fujimi, Inc.

     28,741        1,201,306  

Fujitec Co. Ltd.(a)

     76,000        1,532,654  

FuKoKu Co. Ltd.

     54,500        364,852  

Fukui Bank Ltd.

     46,700        441,044  

Furukawa Battery Co. Ltd.(a)

     51,300        398,010  

Furuno Electric Co. Ltd.

     76,500        580,310  

Furyu Corp.

     44,100        307,416  

Futaba Industrial Co. Ltd.

     94,400        211,307  

Fuyo General Lease Co. Ltd.(a)

     28,200        1,537,172  

G-Tekt Corp.(a)

     55,700        486,791  

Gecoss Corp.(a)

     13,200        71,679  

Glory Ltd.

     60,277        884,093  

GMO Financial Holdings, Inc.(a)

     177,800        879,511  

GMO Internet Group, Inc.

     70,200        1,235,757  

GS Yuasa Corp.

     75,700        1,180,909  

Gunma Bank Ltd.(a)

     555,500        1,504,411  

H-One Co. Ltd.(a)

     41,200        161,959  

H.U. Group Holdings, Inc.

     98,100        1,789,243  

Hachijuni Bank Ltd.(a)

     512,200        1,695,007  

Hagiwara Electric Holdings Co. Ltd.(a)

     21,500        312,225  

Hakudo Co. Ltd.

     27,600      439,708  

Hakuto Co. Ltd.

     53,000        1,168,054  

Halows Co. Ltd.

     28,800        576,617  

Happinet Corp.

     54,700        698,370  

Hazama Ando Corp.

     198,900        1,150,156  

Heiwa Corp.(a)

     105,119        1,625,316  

Hochiki Corp.

     72,900        648,190  

Hogy Medical Co. Ltd.(a)

     16,200        397,319  

Hokkaido Electric Power Co., Inc.

     246,000        769,892  

Hokkaido Gas Co. Ltd.

     7,500        82,231  

Hokuetsu Industries Co. Ltd.

     66,500        441,970  

Hokuhoku Financial Group, Inc.

     152,000        896,805  

Honeys Holdings Co. Ltd.

     54,300        456,173  

I-PEX, Inc.

     23,600        202,013  

Ichikoh Industries Ltd.

     115,700        305,347  

ID Holdings Corp.(a)

     75,900        453,580  

IJTT Co. Ltd.

     51,700        180,019  

Inaba Denki Sangyo Co. Ltd.

     69,700        1,313,150  

Inabata & Co. Ltd.(a)

     107,200        1,728,590  

Inageya Co. Ltd.(a)

     72,300        572,426  

Ines Corp.(a)

     63,000        635,462  

INFRONEER Holdings, Inc.

     220,088        1,496,194  

Innotech Corp.

     55,200        479,751  

Ishihara Sangyo Kaisha Ltd.

     53,200        374,526  

Itfor, Inc.

     114,300        601,724  

Itochu Enex Co. Ltd.

     166,901        1,178,437  

Itoham Yonekyu Holdings, Inc.

     384,100        1,767,319  

Itoki Corp.(a)

     52,000        144,060  

IwaiCosmo Holdings, Inc.(a)

     74,900        626,129  

Iwaki Co. Ltd.(a)

     54,200        473,681  

Iyo Bank Ltd.*(a)

     301,500        1,455,998  

Izumi Co. Ltd.(a)

     50,700        1,087,592  

J. Front Retailing Co. Ltd.

     214,000        1,738,671  

JAC Recruitment Co. Ltd.

     84,200        1,289,075  

Jaccs Co. Ltd.

     44,800        1,111,140  

Japan Transcity Corp.(a)

     133,300        440,205  

JBCC Holdings, Inc.

     64,200        783,733  

JK Holdings Co. Ltd.

     54,200        369,958  

JM Holdings Co. Ltd.(a)

     49,700        577,879  

Juki Corp.

     34,200        163,032  

JVCKenwood Corp.

     236,500        321,880  

K’s Holdings Corp.

     179,200        1,479,457  

Kagome Co. Ltd.

     39,500        822,775  

Kaken Pharmaceutical Co. Ltd.

     48,100        1,267,757  

Kamei Corp.

     27,400        201,981  

Kamigumi Co. Ltd.

     90,800        1,677,427  

Kanaden Corp.(a)

     44,500        314,201  

Kandenko Co. Ltd.

     173,200        995,560  

Kaneka Corp.

     65,200        1,626,115  

Kanematsu Corp.

     117,000        1,153,470  

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

     19,600        591,744  

King Jim Co. Ltd.(a)

     74,700        470,665  

Kito Corp.

     32,600        612,158  

Koatsu Gas Kogyo Co. Ltd.(a)

     76,600        329,696  

 

See Notes to Financial Statements.

 

WisdomTree Trust      61  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kobe Steel Ltd.(a)

     257,700      $ 1,032,616  

Kojima Co. Ltd.(a)

     96,300        419,144  

Kokusai Pulp & Paper Co. Ltd.(a)

     152,400        755,972  

Komatsu Matere Co. Ltd.(a)

     105,000        562,921  

Konaka Co. Ltd.(a)

     28,400        64,945  

Konica Minolta, Inc.(a)

     592,000        1,824,118  

Kumagai Gumi Co. Ltd.

     51,500        897,323  

Kurabo Industries Ltd.

     20,795        283,454  

Kyokuyo Co. Ltd.

     24,400        610,232  

KYORIN Holdings, Inc.(a)

     89,290        1,091,874  

Kyosan Electric Manufacturing Co. Ltd.(a)

     144,900        415,444  

Kyowa Leather Cloth Co. Ltd.(a)

     42,500        149,452  

Kyudenko Corp.

     60,500        1,149,435  

Kyushu Financial Group, Inc.

     397,600        1,049,316  

LAC Co. Ltd.

     105,500        569,975  

LEC, Inc.(a)

     61,200        348,398  

Lintec Corp.

     104,430        1,602,398  

Macnica Holdings, Inc.

     71,200        1,335,015  

Makino Milling Machine Co. Ltd.

     9,200        281,889  

Marudai Food Co. Ltd.(a)

     54,600        538,286  

Maruichi Steel Tube Ltd.

     75,700        1,547,524  

Matsui Securities Co. Ltd.(a)

     199,940        1,077,434  

Maxell Ltd.

     62,700        593,884  

Mebuki Financial Group, Inc.

     1,345,500        2,621,376  

Meisei Industrial Co. Ltd.

     69,900        339,009  

Meitec Corp.

     86,000        1,362,976  

Ministop Co. Ltd.(a)

     68,300        670,047  

MIRAIT ONE Corp.

     106,300        1,077,357  

Mitsubishi Logistics Corp.

     62,400        1,470,061  

Mitsubishi Materials Corp.

     98,400        1,352,154  

Mitsui Matsushima Holdings Co. Ltd.(a)

     18,300        383,713  

Mitsui Mining & Smelting Co. Ltd.

     37,064        778,435  

Mizuho Leasing Co. Ltd.(a)

     47,000        1,011,468  

Morinaga & Co. Ltd.

     42,500        1,167,139  

Nafco Co. Ltd.(a)

     20,000        218,315  

Nagase & Co. Ltd.

     104,800        1,427,067  

Nakanishi, Inc.

     64,500        1,176,859  

NEC Networks & System Integration Corp.

     97,500        1,059,570  

NET One Systems Co. Ltd.

     57,900        1,127,239  

Neturen Co. Ltd.

     52,900        234,632  

NHK Spring Co. Ltd.(a)

     177,300        1,042,401  

Nichias Corp.

     68,600        1,063,988  

Nichiban Co. Ltd.

     51,700        576,488  

Nihon Chouzai Co. Ltd.(a)

     42,900        374,925  

Nihon Flush Co. Ltd.(a)

     69,400        447,340  

Nihon Nohyaku Co. Ltd.

     101,900        595,581  

Nihon Tokushu Toryo Co. Ltd.

     31,000        194,466  

Nikko Co. Ltd.

     160,900        672,524  

Nikkon Holdings Co. Ltd.(a)

     61,500        959,391  

Nippon Air Conditioning Services Co. Ltd.(a)

     87,600        446,034  

Nippon Aqua Co. Ltd.

     101,000        508,681  

Nippon Carbide Industries Co., Inc.

     34,700        297,268  

Nippon Chemical Industrial Co. Ltd.

     16,100        208,112  

Nippon Concrete Industries Co. Ltd.(a)

     52,800        89,371  

Nippon Electric Glass Co. Ltd.

     77,900      1,341,702  

Nippon Gas Co. Ltd.

     105,800        1,502,083  

Nippon Kayaku Co. Ltd.

     187,399        1,499,244  

Nippon Koei Co. Ltd.

     30,200        744,855  

Nippon Light Metal Holdings Co. Ltd.

     71,300        713,271  

Nippon Paper Industries Co. Ltd.

     83,538        543,088  

Nippon Seisen Co. Ltd.(a)

     13,200        398,522  

Nippon Shokubai Co. Ltd.

     28,000        1,044,596  

Nippon Steel Trading Corp.

     41,073        1,427,318  

Nippon Thompson Co. Ltd.

     125,700        462,870  

Nipro Corp.(a)

     150,100        1,128,252  

Nishi-Nippon Financial Holdings, Inc.

     259,900        1,346,679  

Nishimatsu Construction Co. Ltd.(a)

     122,500        3,211,769  

Nissei ASB Machine Co. Ltd.(a)

     21,000        519,396  

Nissei Plastic Industrial Co. Ltd.(a)

     47,100        289,280  

Nisshinbo Holdings, Inc.

     161,092        1,168,583  

Nissin Corp.

     31,400        376,379  

Nissin Electric Co. Ltd.

     145,200        1,332,175  

Noevir Holdings Co. Ltd.

     39,600        1,553,960  

NOK Corp.(a)

     113,100        880,609  

NS Tool Co. Ltd.(a)

     62,500        490,950  

NSW, Inc.

     40,200        589,343  

Okabe Co. Ltd.

     58,900        263,279  

Okamura Corp.

     136,200        1,298,532  

Okinawa Cellular Telephone Co.

     81,600        1,437,563  

Okumura Corp.

     52,700        1,036,196  

Okura Industrial Co. Ltd.(a)

     22,400        275,773  

Okuwa Co. Ltd.

     97,500        609,607  

Organo Corp.

     28,000        396,753  

Orient Corp.

     114,860        909,389  

Oriental Shiraishi Corp.(a)

     206,000        350,105  

Osaki Electric Co. Ltd.

     88,200        304,674  

PALTAC Corp.

     28,000        861,791  

Paramount Bed Holdings Co. Ltd.

     48,300        861,255  

PC Depot Corp.(a)

     87,200        161,454  

Penta-Ocean Construction Co. Ltd.

     222,000        1,115,023  

Pigeon Corp.

     96,300        1,406,461  

Plenus Co. Ltd.

     75,500        1,004,615  

Press Kogyo Co. Ltd.

     103,600        282,002  

Procrea Holdings, Inc.(a)

     36,600        537,071  

Pronexus, Inc.

     65,400        431,497  

PS Mitsubishi Construction Co. Ltd.

     99,800        423,346  

Quick Co. Ltd.

     54,300        682,009  

Raito Kogyo Co. Ltd.

     85,300        1,122,051  

Rengo Co. Ltd.

     214,000        1,241,908  

Retail Partners Co. Ltd.(a)

     56,100        430,987  

Ricoh Leasing Co. Ltd.(a)

     48,100        1,173,049  

Riken Corp.(a)

     12,500        197,243  

Riken Technos Corp.

     124,200        430,747  

Roland Corp.

     37,500        1,150,299  

Roland DG Corp.

     21,400        439,695  

Ryoden Corp.(a)

     44,900        484,223  

Ryosan Co. Ltd.

     39,500        611,009  

Sakai Chemical Industry Co. Ltd.(a)

     36,000        466,089  

 

See Notes to Financial Statements.

 

62   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Sala Corp.(a)

     73,600      $ 386,445  

SAMTY Co. Ltd.(a)

     71,900        1,117,158  

Sanei Architecture Planning Co. Ltd.

     26,700        298,091  

Sanki Engineering Co. Ltd.

     103,300        1,131,165  

Sankyo Co. Ltd.

     74,500        2,256,952  

Sanoh Industrial Co. Ltd.(a)

     56,600        260,037  

Sansei Technologies, Inc.(a)

     53,000        276,818  

Sanshin Electronics Co. Ltd.(a)

     37,400        433,312  

Sanyo Trading Co. Ltd.(a)

     70,300        502,195  

Sato Shoji Corp.(a)

     46,900        366,788  

Sawai Group Holdings Co. Ltd.

     35,200        987,336  

Scala, Inc.

     58,000        268,071  

Seika Corp.

     38,700        423,509  

Seino Holdings Co. Ltd.

     99,300        795,800  

Sekisui Kasei Co. Ltd.

     43,200        118,785  

Senko Group Holdings Co. Ltd.

     173,000        1,146,202  

Seria Co. Ltd.

     52,200        911,683  

Seven Bank Ltd.(a)

     1,410,800        2,524,420  

Shibaura Mechatronics Corp.

     9,200        594,287  

Shikoku Electric Power Co., Inc.

     240,300        1,200,296  

Shinnihon Corp.(a)

     58,000        283,298  

Shinnihonseiyaku Co. Ltd.(a)

     29,600        307,155  

Shinsho Corp.(a)

     19,800        504,764  

Ship Healthcare Holdings, Inc.

     58,500        1,098,908  

SHO-BOND Holdings Co. Ltd.

     56,300        2,434,889  

Sinfonia Technology Co. Ltd.

     47,400        439,468  

SKY Perfect JSAT Holdings, Inc.

     301,800        1,077,969  

Space Co. Ltd.

     58,000        341,400  

ST Corp.

     58,600        607,680  

St. Marc Holdings Co. Ltd.

     67,600        749,113  

Starzen Co. Ltd.

     42,600        596,862  

Stella Chemifa Corp.

     24,200        419,314  

Studio Alice Co. Ltd.(a)

     36,700        544,117  

Sumitomo Bakelite Co. Ltd.

     44,500        1,218,989  

Sumitomo Osaka Cement Co. Ltd.(a)

     34,500        777,022  

Sumitomo Riko Co. Ltd.(a)

     90,100        350,453  

Sumitomo Seika Chemicals Co. Ltd.

     15,900        329,106  

Sun Frontier Fudousan Co. Ltd.

     161,300        1,248,098  

Suncall Corp.

     31,700        143,230  

T-Gaia Corp.(a)

     62,000        702,048  

Tachi-S Co. Ltd.

     47,900        354,423  

Tachibana Eletech Co. Ltd.

     31,200        337,554  

Taiheiyo Cement Corp.(a)

     70,400        991,227  

Taiho Kogyo Co. Ltd.(a)

     39,100        182,068  

Taiyo Holdings Co. Ltd.

     37,900        629,201  

Takaoka Toko Co. Ltd.(a)

     33,200        405,524  

Takara & Co. Ltd.

     21,000        309,607  

Takara Holdings, Inc.

     108,000        788,670  

Takashimaya Co. Ltd.(a)

     151,100        1,786,121  

Tama Home Co. Ltd.

     51,100        829,631  

Tatsuta Electric Wire and Cable Co. Ltd.(a)

     110,600        333,149  

Tayca Corp.(a)

     48,600        414,331  

TDC Soft, Inc.(a)

     77,200        660,289  

Teijin Ltd.

     135,600        1,313,422  

Teikoku Electric Manufacturing Co. Ltd.

     48,900      620,266  

Toa Corp.(a)

     84,100        443,901  

Toda Corp.(a)

     369,000        1,896,687  

Toho Bank Ltd.(a)

     278,300        390,306  

Tokai Carbon Co. Ltd.

     141,500        957,052  

TOKAI Holdings Corp.(a)

     171,400        1,031,396  

Tokai Rika Co. Ltd.(a)

     79,022        751,213  

Tokai Tokyo Financial Holdings, Inc.(a)

     356,900        870,398  

Tokuyama Corp.

     60,900        732,508  

Tokyo Energy & Systems, Inc.

     93,500        625,939  

Tokyo Ohka Kogyo Co. Ltd.

     26,500        1,105,807  

Tokyo Sangyo Co. Ltd.(a)

     70,200        366,168  

Tokyo Seimitsu Co. Ltd.

     43,000        1,265,536  

Tokyo Tekko Co. Ltd.(a)

     15,100        136,035  

Tokyu Construction Co. Ltd.

     45,800        199,660  

Tomoku Co. Ltd.

     3,800        37,358  

TOMONY Holdings, Inc.(a)

     170,700        365,588  

Topre Corp.(a)

     56,800        435,187  

Torishima Pump Manufacturing Co. Ltd.

     65,200        600,897  

Totetsu Kogyo Co. Ltd.

     10,200        163,276  

Tow Co. Ltd.(a)

     238,100        500,068  

Toyo Ink SC Holdings Co. Ltd.

     59,300        778,403  

Toyo Kanetsu KK(a)

     11,200        190,039  

Toyo Seikan Group Holdings Ltd.

     196,400        2,366,380  

Toyo Tanso Co. Ltd.

     32,100        728,512  

Toyo Tire Corp.(a)

     105,400        1,143,238  

Toyoda Gosei Co. Ltd.

     95,100        1,435,583  

TPR Co. Ltd.

     32,700        268,612  

Transaction Co. Ltd.(a)

     75,000        551,833  

TS Tech Co. Ltd.

     107,000        1,048,969  

Tsumura & Co.

     51,201        1,091,265  

Tsurumi Manufacturing Co. Ltd.(a)

     53,400        845,206  

UBE Corp.

     105,000        1,401,499  

Uchida Yoko Co. Ltd.

     19,600        593,775  

Ulvac, Inc.

     35,000        1,240,457  

UNITED, Inc.(a)

     46,600        450,402  

V Technology Co. Ltd.(a)

     20,800        367,587  

Vertex Corp.(a)

     99,300        907,623  

Vital KSK Holdings, Inc.

     128,800        577,507  

Wakachiku Construction Co. Ltd.

     36,700        570,740  

Wakita & Co. Ltd.

     68,700        551,043  

Warabeya Nichiyo Holdings Co. Ltd.

     28,600        437,857  

Xebio Holdings Co. Ltd.

     87,200        580,751  

Yahagi Construction Co. Ltd.

     71,700        364,580  

YAMADA Consulting Group Co. Ltd.

     47,600        394,296  

Yamae Group Holdings Co. Ltd.

     57,900        634,422  

Yamagata Bank Ltd.(a)

     57,900        399,614  

Yamaguchi Financial Group, Inc.

     366,300        1,943,545  

Yellow Hat Ltd.(a)

     85,900        1,064,663  

Yokorei Co. Ltd.

     87,200        530,749  

Yorozu Corp.

     48,200        266,400  

Yotai Refractories Co. Ltd.

     49,700        479,677  

Yurtec Corp.

     74,500        362,862  

Yushin Precision Equipment Co. Ltd.

     96,800        471,477  
     

 

 

 
Total Japan

 

     296,480,601  

 

See Notes to Financial Statements.

 

WisdomTree Trust      63  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  
Netherlands – 1.5%

 

Brunel International NV

     99,963      $ 838,270  

Corbion NV

     36,833        925,901  

Eurocommercial Properties NV

     62,919        1,254,961  

Heijmans NV, CVA

     83,561        783,405  

Ordina NV

     421,928        1,581,032  

PostNL NV(a)

     3,621,821        6,113,404  

RHI Magnesita NV

     81,107        1,529,215  

TKH Group NV, CVA

     42,633        1,394,965  

Wereldhave NV

     71,631        824,536  
     

 

 

 
Total Netherlands

 

     15,245,689  
Norway – 2.8%

 

ABG Sundal Collier Holding ASA

     2,450,883        1,241,494  

AF Gruppen ASA

     65,205        828,133  

Atea ASA*

     172,813        1,541,437  

Austevoll Seafood ASA

     271,043        1,834,355  

Bonheur ASA

     30,579        867,091  

Borregaard ASA

     84,709        999,663  

Bouvet ASA(a)

     207,851        1,041,425  

Europris ASA(b)

     376,307        1,880,283  

Hunter Group ASA*

     4,444,459        891,155  

Kid ASA(b)

     177,057        1,190,968  

Kitron ASA(a)

     589,226        1,017,618  

Multiconsult ASA(b)

     83,451        1,010,854  

Pareto Bank ASA

     136,902        552,143  

Protector Forsikring ASA

     161,601        1,666,838  

Selvaag Bolig ASA

     230,000        670,123  

SpareBank 1 Nord Norge

     99,363        744,043  

Sparebank 1 Oestlandet

     122,144        1,201,573  

SpareBank 1 SMN

     122,279        1,250,029  

Sparebanken Vest

     128,404        963,862  

TGS ASA

     292,107        3,591,947  

Veidekke ASA

     378,158        2,824,755  
     

 

 

 
Total Norway

 

     27,809,789  
Peru – 0.0%

 

Hochschild Mining PLC

     598,539        394,208  
Portugal – 1.6%

 

Altri SGPS SA(a)

     489,480        2,481,511  

Corticeira Amorim SGPS SA

     111,195        991,283  

Navigator Co. SA

     1,433,628        4,895,924  

REN – Redes Energeticas Nacionais SGPS SA

     1,712,257        4,050,950  

Sonae SGPS SA

     4,659,369        3,763,471  
     

 

 

 
Total Portugal

 

     16,183,139  
Singapore – 4.6%

 

Best World International Ltd.*(a)

     178,186        89,503  

Bukit Sembawang Estates Ltd.(a)

     719,100        2,245,152  

China Sunsine Chemical Holdings Ltd.(a)

     758,100        237,748  

Civmec Ltd.(a)

     1,172,300        494,279  

ComfortDelGro Corp. Ltd.

     2,134,900        1,963,947  

CSE Global Ltd.

     839,200        248,561  

Hong Fok Corp. Ltd.*

     793,600        542,009  

Hong Leong Asia Ltd.

     1,293,800        622,149  

Hour Glass Ltd.(a)

     1,730,100      2,532,030  

Keppel Infrastructure Trust(a)

     15,526,982        5,843,313  

NetLink NBN Trust

     13,093,400        8,258,086  

Propnex Ltd.(a)

     1,469,500        1,536,170  

Q&M Dental Group Singapore Ltd.(a)

     3,030,700        718,125  

Raffles Medical Group Ltd.

     1,918,100        1,777,875  

Riverstone Holdings Ltd.(a)

     6,478,200        2,595,975  

Sembcorp Industries Ltd.

     2,408,300        5,169,394  

Sheng Siong Group Ltd.

     4,356,500        4,797,038  

Singapore Post Ltd.(a)

     2,140,700        813,075  

StarHub Ltd.(a)

     3,266,300        2,503,959  

Tuan Sing Holdings Ltd.(a)

     1,631,128        358,078  

UMS Holdings Ltd.(a)

     1,631,498        1,444,005  

Wing Tai Holdings Ltd.(a)

     843,000        892,996  
     

 

 

 
Total Singapore

 

     45,683,467  
Spain – 3.3%

 

Aedas Homes SA(b)

     118,573        1,691,290  

Almirall SA

     135,691        1,310,686  

Applus Services SA

     160,606        902,331  

Cia de Distribucion Integral Logista Holdings SA

     572,761        10,464,611  

ContourGlobal PLC(b)

     792,385        2,229,038  

Ebro Foods SA(a)

     200,978        2,937,570  

Faes Farma SA

     768,633        2,793,597  

Linea Directa Aseguradora SA Cia de Seguros y Reaseguros

     1,950,697        1,838,382  

Neinor Homes SA(b)

     152,952        1,398,002  

Prosegur Cash SA(a)(b)

     2,017,953        1,255,323  

Prosegur Cia de Seguridad SA

     1,183,612        1,800,743  

Sacyr SA(a)

     1,166,979        2,558,550  

Unicaja Banco SA(b)

     1,774,193        1,610,338  
     

 

 

 
Total Spain

 

     32,790,461  
Sweden – 3.7%

 

AcadeMedia AB(b)

     181,794        791,228  

Akelius Residential Property AB, Class D(a)

     545,678        886,323  

Atrium Ljungberg AB, Class B

     162,364        2,011,719  

Beijer Alma AB

     67,758        890,211  

Bilia AB, Class A

     196,672        2,263,124  

Bonava AB, Class B(a)

     191,540        452,550  

Bravida Holding AB(b)

     192,182        1,588,023  

Bufab AB

     38,003        688,317  

Byggmax Group AB

     165,063        554,796  

Catena AB

     47,304        1,410,914  

Clas Ohlson AB, Class B

     183,875        1,104,327  

Cloetta AB, Class B

     439,839        697,956  

Coor Service Management Holding AB(b)

     191,748        1,305,390  

Dios Fastigheter AB

     305,132        1,937,062  

Dustin Group AB(a)(b)

     141,050        558,989  

Elanders AB, Class B

     57,067        702,442  

Ferronordic AB

     54,464        142,325  

Inwido AB

     123,449        978,915  

JM AB

     119,837        1,670,537  

KNOW IT AB

     30,785        619,722  

Lagercrantz Group AB, Class B(a)

     140,175        1,233,439  

 

See Notes to Financial Statements.

 

64   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Lindab International AB

     83,871      $ 942,439  

Loomis AB

     88,982        2,198,591  

Mycronic AB

     78,319        952,743  

NCC AB, Class B

     133,156        963,499  

Nobia AB

     408,225        768,077  

Nolato AB, Class B

     189,753        869,470  

Nordic Waterproofing Holding AB

     44,281        597,729  

Peab AB, Class B

     753,240        3,627,905  

Platzer Fastigheter Holding AB, Class B

     168,459        1,017,054  

Ratos AB, Class B

     282,437        969,410  

Scandi Standard AB*

     60,357        252,686  

Troax Group AB

     40,054        568,823  

Volati AB

     59,874        530,355  
     

 

 

 
Total Sweden

 

     36,747,090  
Switzerland – 1.6%

 

Arbonia AG

     126,774        1,458,046  

EFG International AG

     278,888        2,224,304  

Huber + Suhner AG, Registered Shares

     27,699        2,211,980  

Landis + Gyr Group AG*

     48,715        2,662,806  

Mobilezone Holding AG, Registered Shares

     155,546        2,354,722  

Swissquote Group Holding SA, Registered Shares

     10,591        1,120,166  

Valiant Holding AG, Registered Shares

     33,428        3,192,514  

Zehnder Group AG

     12,270        628,304  
     

 

 

 
Total Switzerland

 

     15,852,842  
United Kingdom – 11.3%

 

AJ Bell PLC

     303,296        911,428  

Alliance Pharma PLC

     783,608        485,481  

Assura PLC

     4,480,160        2,680,643  

Balfour Beatty PLC

     476,427        1,629,543  

Bloomsbury Publishing PLC

     32,963        134,859  

Bodycote PLC

     218,772        1,136,088  

CareTech Holdings PLC

     1,683        14,090  

Central Asia Metals PLC

     723,790        1,753,287  

Chesnara PLC

     377,454        1,156,610  

Clarkson PLC

     49,710        1,459,420  

CLS Holdings PLC

     616,808        959,828  

Coats Group PLC

     1,576,282        895,638  

Cohort PLC(a)

     60,709        321,905  

Cranswick PLC

     72,119        2,157,571  

Currys PLC

     1,215,529        768,681  

Devro PLC

     520,064        963,708  

Diversified Energy Co. PLC

     5,425,562        7,855,348  

Domino’s Pizza Group PLC

     690,359        1,715,461  

Drax Group PLC

     899,476        6,029,528  

EMIS Group PLC

     104,248        2,199,430  

Epwin Group PLC

     251,869        213,683  

Essentra PLC

     290,256        591,647  

Euromoney Institutional Investor PLC

     90,226        1,452,371  

FDM Group Holdings PLC

     201,428        1,409,834  

Ferrexpo PLC

     4,957,763        6,729,767  

Forterra PLC(b)

     314,091        820,450  

Gateley Holdings PLC

     305,500        656,482  

GB Group PLC

     120,629        820,068  

Genuit Group PLC

     161,864      526,708  

Great Portland Estates PLC

     213,913        1,050,680  

Henry Boot PLC(a)

     152,940        421,695  

Hill & Smith Holdings PLC

     101,577        1,032,986  

Hilton Food Group PLC

     140,467        838,897  

Hunting PLC

     256,672        669,031  

Ibstock PLC(b)

     389,404        713,763  

IG Design Group PLC(a)

     201,727        173,395  

Impax Asset Management Group PLC(a)

     110,774        649,199  

IntegraFin Holdings PLC

     259,596        636,952  

James Fisher & Sons PLC*

     42,983        135,309  

James Halstead PLC(a)

     399,658        921,275  

Jupiter Fund Management PLC

     1,523,611        1,562,190  

Keller Group PLC

     137,755        968,788  

Liontrust Asset Management PLC

     86,313        704,327  

Londonmetric Property PLC(a)

     1,903,046        3,707,024  

Luceco PLC(b)

     159,360        147,652  

Marshalls PLC

     127,842        417,569  

Mattioli Woods PLC

     80,574        566,652  

MJ Gleeson PLC

     93,101        428,186  

Moneysupermarket.com Group PLC

     1,330,797        2,760,185  

Morgan Advanced Materials PLC

     290,412        735,904  

Morgan Sindall Group PLC

     94,063        1,551,937  

Mortgage Advice Bureau Holdings Ltd.

     77,128        547,583  

NCC Group PLC

     425,452        1,037,726  

Next Fifteen Communications Group PLC

     96,607        841,170  

Numis Corp. PLC

     256,900        665,323  

Oxford Instruments PLC

     37,871        754,193  

Pagegroup PLC

     127,776        528,610  

Pan African Resources PLC(a)

     6,320,081        1,234,643  

Paragon Banking Group PLC

     436,650        1,924,382  

PayPoint PLC

     229,757        1,538,866  

Polar Capital Holdings PLC

     322,276        1,492,990  

Premier Miton Group PLC

     341,153        403,679  

PZ Cussons PLC

     517,555        1,127,761  

QinetiQ Group PLC

     684,245        2,520,614  

Reach PLC

     352,498        272,494  

Redde Northgate PLC

     636,262        2,056,200  

Renew Holdings PLC

     127,969        814,255  

Sabre Insurance Group PLC(b)

     832,479        901,417  

Safestore Holdings PLC

     246,930        2,314,063  

Savills PLC

     173,139        1,537,502  

Serco Group PLC

     930,656        1,623,786  

Serica Energy PLC

     295,651        1,235,981  

Smart Metering Systems PLC

     180,728        1,622,042  

Spirent Communications PLC

     540,856        1,584,259  

SThree PLC

     199,979        767,933  

Synthomer PLC

     960,917        1,142,395  

TBC Bank Group PLC

     86,063        1,602,482  

Telecom Plus PLC

     161,969        3,120,710  

TI Fluid Systems PLC(a)(b)

     758,519        1,024,549  

Tyman PLC

     308,624        678,009  

Vesuvius PLC

     507,411        1,752,512  

Victrex PLC

     94,914        1,769,406  

 

See Notes to Financial Statements.

 

WisdomTree Trust      65  


Schedule of Investments (unaudited) (continued)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

 

 

Investments    Shares      Value  

Watkin Jones PLC

     545,185      $ 920,188  

Wincanton PLC

     270,651        883,723  

Workspace Group PLC

     219,910        978,505  

XPS Pensions Group PLC

     536,834        767,062  
     

 

 

 
Total United Kingdom

 

     113,230,166  

TOTAL COMMON STOCKS

(Cost: $1,308,146,080)

 

 

     987,121,652  
EXCHANGE-TRADED FUND – 0.0%

 

United States – 0.0%

 

WisdomTree Japan SmallCap Dividend Fund(c)

     
(Cost: $25,394)      431        24,532  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 6.6%

 

United States – 6.6%

 

State Street Navigator Securities Lending
Government Money Market Portfolio, 3.07%(d)

 

  
(Cost: $66,358,728)      66,358,728        66,358,728  

TOTAL INVESTMENTS IN SECURITIES – 105.3%

(Cost: $1,374,530,202)

 

 

     1,053,504,912  

Other Assets less Liabilities – (5.3)%

 

     (53,294,734
     

 

 

 
NET ASSETS – 100.0%

 

   $ 1,000,210,178  
* 

Non-income producing security.

 

 

Security is being fair valued using significant unobservable inputs by a pricing committee under the direction of the Board of Trustees. The aggregate value of fair valued securities is $89,503, which represents 0.01% of net assets.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $127,985,825. The Fund also had securities on loan having a total market value of $4,524 that were sold and pending settlement. The total market value of the collateral held by the Fund was $138,196,218. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $71,837,490.

 

(b) 

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

 

(c) 

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

 

(d) 

Rate shown represents annualized 7-day yield as of September 30, 2022.

 

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, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree Europe SmallCap Dividend Fund^

  $ 4,449,907     $ 5,549,096     $ 8,375,743     $ (1,675,836   $ 52,576     $     $ 209,329  

WisdomTree Japan SmallCap Dividend Fund

    3,408,074       4,578,668       7,426,770       (709,902     174,462       24,532       63,613  

Total

  $ 7,857,981     $ 10,127,764     $ 15,802,513     $ (2,385,738   $ 227,038     $ 24,532     $ 272,942  
^As

of September 30,2022, the Fund did not hold a position in this affiliate.

 

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

Amount and
Description of
Currency to
be Sold

    Unrealized
Appreciation
    Unrealized
Depreciation
 

HSBC Holdings PLC

    10/3/2022       112,546       USD       400,000       ILS     $ 93     $  

Standard Chartered Bank

    10/3/2022       109,692       USD       100,000       GBP             (1,938

Standard Chartered Bank

    10/3/2022       165,607       USD       1,300,000       HKD             (0 )^ 
                                            $ 93     $ (1,938
^ 

Amount represents less than $1.

 

See Notes to Financial Statements.

 

66   WisdomTree Trust


Schedule of Investments (unaudited) (concluded)

WisdomTree International SmallCap Dividend Fund (DLS)

September 30, 2022

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

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

Assets:

 

     

Investments in Securities

  

Common Stocks

           

Singapore

   $ 45,593,964      $      $ 89,503 *     $ 45,683,467  

United Kingdom

     113,216,076        14,090               113,230,166  

Other

     828,208,019                      828,208,019  

Exchange-Traded Fund

     24,532                      24,532  

Investment of Cash Collateral for Securities Loaned

            66,358,728               66,358,728  

Total Investments in Securities

   $ 987,042,591      $ 66,372,818      $ 89,503      $ 1,053,504,912  

Financial Derivative Instruments

  

Foreign Currency Contracts1

   $      $ 93      $      $ 93  

Liabilities:

           

Financial Derivative Instruments

           

Foreign Currency Contracts1

   $      $ (1,938    $      $ (1,938

Total – Net

   $ 987,042,591      $ 66,370,973      $ 89,503      $ 1,053,503,067  
* 

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

1 

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

 

See Notes to Financial Statements.

 

WisdomTree Trust      67  


Schedule of Investments (unaudited)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
COMMON STOCKS – 98.2%

 

Japan – 98.2%

 

Air Freight & Logistics – 0.7%

 

AIT Corp.(a)

     18,500      $ 185,326  

Konoike Transport Co. Ltd.

     18,100        178,193  

Maruwa Unyu Kikan Co. Ltd.(a)

     17,600        176,431  

Mitsui-Soko Holdings Co. Ltd.

     13,100        278,300  

SBS Holdings, Inc.

     8,300        159,927  
     

 

 

 
Total Air Freight & Logistics

 

     978,177  
Auto Components – 3.8%

 

Aisan Industry Co. Ltd.

     29,200        137,784  

Daikyonishikawa Corp.(a)

     34,700        127,537  

Eagle Industry Co. Ltd.

     33,200        248,636  

Exedy Corp.

     15,125        171,579  

FCC Co. Ltd.

     17,600        160,625  

FuKoKu Co. Ltd.

     17,700        118,493  

Furukawa Battery Co. Ltd.(a)

     9,600        74,481  

Futaba Industrial Co. Ltd.

     15,600        34,919  

G-Tekt Corp.

     14,600        127,597  

H-One Co. Ltd.(a)

     25,300        99,456  

IJTT Co. Ltd.

     18,000        62,676  

KYB Corp.

     11,100        237,345  

Musashi Seimitsu Industry Co. Ltd.(a)

     18,400        197,799  

NHK Spring Co. Ltd.

     70,500        414,491  

Nihon Tokushu Toryo Co. Ltd.

     14,200        89,078  

NOK Corp.(a)

     49,900        388,527  

Pacific Industrial Co. Ltd.

     22,000        154,727  

Press Kogyo Co. Ltd.

     61,400        167,133  

Riken Corp.(a)

     6,100        96,255  

Sanoh Industrial Co. Ltd.(a)

     14,800        67,996  

Shoei Co. Ltd.

     6,000        216,795  

Sumitomo Riko Co. Ltd.

     17,200        66,901  

Tachi-S Co. Ltd.

     12,900        95,450  

Taiho Kogyo Co. Ltd.(a)

     11,500        53,549  

Tokai Rika Co. Ltd.(a)

     36,558        347,534  

Topre Corp.(a)

     7,600        58,229  

Toyo Tire Corp.

     38,300        415,427  

Toyoda Gosei Co. Ltd.

     41,100        620,426  

TPR Co. Ltd.

     7,300        59,966  

TS Tech Co. Ltd.

     43,900        430,371  

Yorozu Corp.

     10,400        57,480  
     

 

 

 
Total Auto Components

 

     5,599,262  
Automobiles – 0.1%

 

Nissan Shatai Co. Ltd.(a)

     26,900        150,720  
Banks – 8.9%

 

77 Bank Ltd.

     33,400        411,198  

Aichi Bank Ltd.*

     7,500        292,393  

Akita Bank Ltd.

     13,000        144,779  

Aozora Bank Ltd.(a)

     59,200        1,056,025  

Awa Bank Ltd.(a)

     10,775        140,620  

Bank of Iwate Ltd.(a)

     9,500        117,614  

Bank of Nagoya Ltd.

     3,569        73,971  

Bank of Saga Ltd.

     17,100        179,689  

Bank of the Ryukyus Ltd.(a)

     21,508      113,673  

Chugoku Bank Ltd.*(a)

     59,100        367,065  

Chukyo Bank Ltd.*(a)

     8,900        105,144  

Daishi Hokuetsu Financial Group, Inc.

     18,155        336,396  

Ehime Bank Ltd.(a)

     22,999        136,807  

FIDEA Holdings Co. Ltd.(a)

     13,280        115,694  

Fukui Bank Ltd.(a)

     13,048        123,228  

Gunma Bank Ltd.

     150,000        406,232  

Hachijuni Bank Ltd.

     195,300        646,300  

Hokkoku Financial Holdings, Inc.(a)

     7,362        240,068  

Hokuhoku Financial Group, Inc.

     49,000        289,101  

Hyakugo Bank Ltd.(a)

     63,700        139,507  

Hyakujushi Bank Ltd.(a)

     7,300        84,073  

Iyo Bank Ltd.*(a)

     80,200        387,300  

Juroku Financial Group, Inc.

     13,300        224,109  

Keiyo Bank Ltd.(a)

     64,142        209,161  

Kiyo Bank Ltd.

     18,890        181,141  

Kyushu Financial Group, Inc.(a)

     157,400        415,398  

Mebuki Financial Group, Inc.

     572,800        1,115,960  

Miyazaki Bank Ltd.

     11,900        176,595  

Musashino Bank Ltd.

     9,900        116,547  

Nanto Bank Ltd.

     11,200        162,493  

Nishi-Nippon Financial Holdings, Inc.

     73,600        381,360  

North Pacific Bank Ltd.

     182,315        285,920  

Ogaki Kyoritsu Bank Ltd.(a)

     18,442        218,254  

Oita Bank Ltd.

     9,500        119,123  

Okinawa Financial Group, Inc.(a)

     7,980        115,611  

Procrea Holdings, Inc.(a)

     7,062        103,628  

San ju San Financial Group, Inc.(a)

     18,800        183,266  

San-In Godo Bank Ltd.

     48,800        236,001  

Senshu Ikeda Holdings, Inc.(a)

     140,340        202,640  

Seven Bank Ltd.(a)

     537,100        961,062  

Shiga Bank Ltd.(a)

     12,784        230,871  

Shikoku Bank Ltd.

     30,000        176,794  

Suruga Bank Ltd.

     28,500        73,246  

Toho Bank Ltd.(a)

     108,300        151,887  

Tokyo Kiraboshi Financial Group, Inc.

     10,500        153,933  

TOMONY Holdings, Inc.(a)

     31,577        67,628  

Towa Bank Ltd.(a)

     23,500        83,288  

Yamagata Bank Ltd.(a)

     7,900        54,524  

Yamaguchi Financial Group, Inc.

     116,000        615,482  

Yamanashi Chuo Bank Ltd.

     20,900        167,206  
     

 

 

 
Total Banks

 

     13,090,005  
Beverages – 0.3%

 

Sapporo Holdings Ltd.

     12,998        285,562  

Takara Holdings, Inc.

     28,611        208,932  
     

 

 

 
Total Beverages

 

     494,494  
Biotechnology – 0.0%

 

Pharma Foods International Co. Ltd.(a)

     2,100        17,874  
Building Products – 1.2%

 

Bunka Shutter Co. Ltd.

     44,600        315,523  

Central Glass Co. Ltd.

     15,486        355,736  

Nichias Corp.

     17,713        274,729  

 

See Notes to Financial Statements.

 

68   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Nichiha Corp.

     9,400      $ 178,330  

Noritz Corp.

     13,300        141,504  

Shin Nippon Air Technologies Co. Ltd.

     7,600        94,564  

Sinko Industries Ltd.(a)

     7,700        78,944  

Takara Standard Co. Ltd.

     17,731        158,635  

Takasago Thermal Engineering Co. Ltd.

     18,372        215,902  
     

 

 

 
Total Building Products

 

     1,813,867  
Capital Markets – 2.0%

 

GMO Financial Holdings, Inc.

     69,600        344,286  

Ichiyoshi Securities Co. Ltd.(a)

     39,088        160,408  

IwaiCosmo Holdings, Inc.(a)

     35,000        292,584  

Kyokuto Securities Co. Ltd.(a)

     37,800        173,664  

Marusan Securities Co. Ltd.(a)

     38,300        114,573  

Matsui Securities Co. Ltd.(a)

     130,200        701,620  

Mito Securities Co. Ltd.(a)

     82,300        134,755  

Monex Group, Inc.(a)

     42,994        134,259  

Morningstar Japan KK

     46,044        147,600  

Okasan Securities Group, Inc.(a)

     89,400        201,350  

Sparx Group Co. Ltd.

     16,000        147,459  

Tokai Tokyo Financial Holdings, Inc.(a)

     150,800        367,767  
     

 

 

 
Total Capital Markets

 

     2,920,325  
Chemicals – 8.6%

 

ADEKA Corp.

     32,925        491,560  

Aica Kogyo Co. Ltd.

     17,915        387,398  

Asahi Yukizai Corp.

     6,400        97,142  

Chugoku Marine Paints Ltd.(a)

     24,500        150,475  

CI Takiron Corp.(a)

     38,900        140,287  

Daicel Corp.

     115,100        676,708  

Dainichiseika Color & Chemicals Manufacturing Co. Ltd.

     3,942        46,162  

DIC Corp.

     32,800        545,439  

DKS Co. Ltd.(a)

     3,400        44,888  

Fujimi, Inc.

     9,600        401,257  

Fujimori Kogyo Co. Ltd.(a)

     3,700        82,182  

Fuso Chemical Co. Ltd.

     3,900        83,796  

Ishihara Sangyo Kaisha Ltd.

     7,900        55,616  

JCU Corp.

     3,600        72,649  

JSP Corp.

     8,023        77,323  

Kaneka Corp.

     24,600        613,534  

KeePer Technical Laboratory Co. Ltd.(a)

     2,100        53,971  

KH Neochem Co. Ltd.

     7,300        132,943  

Konishi Co. Ltd.(a)

     11,900        127,678  

Kumiai Chemical Industry Co. Ltd.

     23,524        165,446  

Kureha Corp.

     5,064        310,673  

Kyowa Leather Cloth Co. Ltd.

     22,200        78,067  

Lintec Corp.

     37,565        576,406  

MEC Co. Ltd.

     2,500        38,550  

Nihon Nohyaku Co. Ltd.

     28,100        164,238  

Nihon Parkerizing Co. Ltd.

     28,100        180,739  

Nippon Chemical Industrial Co. Ltd.

     2,700        34,901  

Nippon Kayaku Co. Ltd.

     69,300        554,419  

Nippon Pillar Packing Co. Ltd.(a)

     10,000        158,002  

Nippon Shokubai Co. Ltd.

     7,400        276,072  

Nippon Soda Co. Ltd.

     11,518      350,525  

Okamoto Industries, Inc.(a)

     6,087        149,289  

Okura Industrial Co. Ltd.

     7,500        92,335  

Osaka Organic Chemical Industry Ltd.

     3,400        47,825  

Osaka Soda Co. Ltd.

     7,500        196,898  

Riken Technos Corp.(a)

     44,000        152,599  

Sakata INX Corp.

     20,200        136,346  

Sanyo Chemical Industries Ltd.(a)

     8,035        243,140  

Sekisui Kasei Co. Ltd.

     30,700        84,415  

Shikoku Chemicals Corp.(a)

     9,700        82,160  

Shin-Etsu Polymer Co. Ltd.

     18,600        153,817  

Stella Chemifa Corp.

     4,800        83,170  

Sumitomo Bakelite Co. Ltd.

     14,118        386,734  

Sumitomo Seika Chemicals Co. Ltd.

     3,300        68,305  

T Hasegawa Co. Ltd.(a)

     9,000        186,535  

Taiyo Holdings Co. Ltd.

     13,482        223,823  

Takasago International Corp.

     7,600        138,984  

Tayca Corp.(a)

     11,500        98,041  

Teijin Ltd.

     69,600        674,145  

Tokai Carbon Co. Ltd.

     45,600        308,421  

Tokuyama Corp.

     26,900        323,554  

Tokyo Ohka Kogyo Co. Ltd.

     8,500        354,693  

Toyo Ink SC Holdings Co. Ltd.

     29,402        385,946  

Toyobo Co. Ltd.

     27,953        199,878  

UBE Corp.

     43,693        583,197  

Valqua Ltd.

     8,837        153,119  
     

 

 

 
Total Chemicals

 

     12,676,415  
Commercial Services & Supplies – 1.5%

 

Aeon Delight Co. Ltd.

     18,300        358,553  

Daiseki Co. Ltd.

     4,688        144,450  

Itoki Corp.

     38,600        106,937  

Japan Elevator Service Holdings Co. Ltd.

     3,800        49,750  

King Jim Co. Ltd.(a)

     22,300        140,506  

Matsuda Sangyo Co. Ltd.

     4,400        66,147  

Nippon Air Conditioning Services Co. Ltd.

     26,000        132,385  

Nippon Kanzai Co. Ltd.(a)

     13,000        227,586  

Nippon Parking Development Co. Ltd.

     132,200        183,579  

Okamura Corp.

     40,776        388,759  

Pilot Corp.

     5,600        212,401  

Sato Holdings Corp.

     8,438        104,816  

Studio Alice Co. Ltd.(a)

     7,500        111,196  
     

 

 

 
Total Commercial Services & Supplies

 

     2,227,065  
Communications Equipment – 0.1%

 

Uniden Holdings Corp.

     7,900        223,227  
Construction & Engineering – 7.5%

 

Asanuma Corp.

     14,000        258,828  

Dai-Dan Co. Ltd.

     10,200        150,874  

Daiho Corp.(a)

     5,800        166,493  

EXEO Group, Inc.

     34,800        502,724  

Fudo Tetra Corp.

     11,300        114,995  

Hazama Ando Corp.

     73,600        425,598  

INFRONEER Holdings, Inc.

     69,373        471,609  

JDC Corp.

     39,200        169,805  

 

See Notes to Financial Statements.

 

WisdomTree Trust      69  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Kandenko Co. Ltd.

     53,738      $ 308,888  

Kumagai Gumi Co. Ltd.

     18,400        320,597  

Kyudenko Corp.

     17,990        341,791  

Meisei Industrial Co. Ltd.

     30,400        147,437  

MIRAIT ONE Corp.

     32,300        327,363  

Nippon Densetsu Kogyo Co. Ltd.

     13,100        166,165  

Nishimatsu Construction Co. Ltd.(a)

     46,907        1,229,832  

Nittoc Construction Co. Ltd.

     34,100        210,614  

Okumura Corp.

     21,870        430,011  

Penta-Ocean Construction Co. Ltd.

     77,993        391,730  

PS Mitsubishi Construction Co. Ltd.

     27,500        116,653  

Raito Kogyo Co. Ltd.

     21,000        276,237  

Raiznext Corp.

     22,900        186,054  

Sanki Engineering Co. Ltd.

     33,600        367,930  

Seikitokyu Kogyo Co. Ltd.(a)

     32,900        171,609  

Shinnihon Corp.

     17,800        86,943  

SHO-BOND Holdings Co. Ltd.

     18,200        787,122  

Sumitomo Densetsu Co. Ltd.

     13,200        236,468  

Sumitomo Mitsui Construction Co. Ltd.

     50,060        153,903  

Taihei Dengyo Kaisha Ltd.

     9,800        226,136  

Taikisha Ltd.

     9,465        210,559  

Takamatsu Construction Group Co. Ltd.

     12,500        162,441  

Tekken Corp.

     9,700        118,883  

Tess Holdings Co. Ltd.

     2,700        17,628  

Toa Corp.

     7,300        125,529  

Toda Corp.(a)

     126,349        649,443  

Tokyo Energy & Systems, Inc.

     7,700        51,548  

Tokyu Construction Co. Ltd.

     33,800        147,347  

Totetsu Kogyo Co. Ltd.

     10,179        162,940  

Toyo Construction Co. Ltd.

     47,700        280,443  

Yahagi Construction Co. Ltd.

     24,500        124,578  

Yokogawa Bridge Holdings Corp.

     17,100        224,818  

Yurtec Corp.

     26,700        130,046  
     

 

 

 
Total Construction & Engineering

 

     11,150,612  
Construction Materials – 0.9%

 

Krosaki Harima Corp.

     3,800        121,552  

Mitani Sekisan Co. Ltd.(a)

     2,200        52,665  

Shinagawa Refractories Co. Ltd.

     4,800        124,356  

Sumitomo Osaka Cement Co. Ltd.(a)

     14,140        318,466  

Taiheiyo Cement Corp.(a)

     33,500        471,678  

Vertex Corp.(a)

     13,300        121,565  

Yotai Refractories Co. Ltd.

     8,100        78,177  
     

 

 

 
Total Construction Materials

 

     1,288,459  
Consumer Finance – 1.3%

 

AEON Financial Service Co. Ltd.

     51,300        507,524  

Credit Saison Co. Ltd.

     58,700        686,175  

Jaccs Co. Ltd.

     15,100        374,514  

Orient Corp.

     31,830        252,010  

Premium Group Co. Ltd.(a)

     9,700        119,085  
     

 

 

 
Total Consumer Finance

 

     1,939,308  
Containers & Packaging – 1.2%

 

Fuji Seal International, Inc.(a)

     8,510        89,954  

Pack Corp.

     5,400        82,672  

Rengo Co. Ltd.

     77,100      447,435  

Toyo Seikan Group Holdings Ltd.

     94,600        1,139,814  
     

 

 

 
Total Containers & Packaging

 

     1,759,875  
Distributors – 0.6%

 

Arata Corp.

     5,500        155,981  

Doshisha Co. Ltd.

     12,000        119,548  

Happinet Corp.

     14,600        186,402  

PALTAC Corp.

     9,500        292,394  

Yamae Group Holdings Co. Ltd.

     10,300        112,859  
     

 

 

 
Total Distributors

 

     867,184  
Diversified Consumer Services – 0.4%

 

Asante, Inc.(a)

     10,700        111,846  

Benesse Holdings, Inc.

     22,600        336,474  

Riso Kyoiku Co. Ltd.(a)

     32,600        72,071  

Tokyo Individualized Educational Institute, Inc.(a)

     24,900        94,615  
     

 

 

 
Total Diversified Consumer Services

 

     615,006  
Diversified Financial Services – 1.3%

 

eGuarantee, Inc.

     3,700        63,778  

Financial Products Group Co. Ltd.(a)

     26,000        203,337  

Fuyo General Lease Co. Ltd.

     10,700        583,253  

Japan Securities Finance Co. Ltd.

     33,600        190,349  

Mizuho Leasing Co. Ltd.(a)

     15,100        324,961  

NEC Capital Solutions Ltd.

     9,200        131,251  

Ricoh Leasing Co. Ltd.

     15,000        365,816  
     

 

 

 
Total Diversified Financial Services

 

     1,862,745  
Diversified Telecommunication Services – 0.2%

 

ARTERIA Networks Corp.

     28,400        233,683  

Usen-Next Holdings Co. Ltd.(a)

     2,900        39,549  
     

 

 

 
Total Diversified Telecommunication Services

 

     273,232  
Electric Utilities – 0.6%

 

Hokkaido Electric Power Co., Inc.

     105,900        331,429  

Okinawa Electric Power Co., Inc.(a)

     22,381        163,592  

Shikoku Electric Power Co., Inc.

     86,300        431,068  
     

 

 

 
Total Electric Utilities

 

     926,089  
Electrical Equipment – 1.6%

 

Daihen Corp.(a)

     7,800        200,193  

Furukawa Electric Co. Ltd.

     13,000        205,942  

GS Yuasa Corp.

     20,400        318,237  

Idec Corp.

     7,736        157,344  

Mabuchi Motor Co. Ltd.

     3,900        105,890  

Nippon Carbon Co. Ltd.

     5,800        159,080  

Nippon Seisen Co. Ltd.(a)

     3,100        93,592  

Nissin Electric Co. Ltd.

     35,465        325,383  

Nitto Kogyo Corp.(a)

     17,800        291,942  

Sanyo Denki Co. Ltd.

     2,800        95,464  

Sinfonia Technology Co. Ltd.

     12,100        112,185  

SWCC Showa Holdings Co. Ltd.

     3,900        47,152  

Takaoka Toko Co. Ltd.(a)

     9,500        116,039  

Tatsuta Electric Wire and Cable Co. Ltd.(a)

     31,200        93,980  
     

 

 

 
Total Electrical Equipment

 

     2,322,423  

 

See Notes to Financial Statements.

 

70   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
Electronic Equipment, Instruments & Components – 4.9%

 

A&D HOLON Holdings Co. Ltd.

     10,200      $ 57,502  

Ai Holdings Corp.

     11,900        169,689  

Amano Corp.

     20,735        348,102  

Anritsu Corp.(a)

     30,100        328,356  

Canon Electronics, Inc.

     12,100        132,499  

Citizen Watch Co. Ltd.(a)

     74,800        312,130  

CONEXIO Corp.(a)

     17,000        139,528  

Daiwabo Holdings Co. Ltd.

     45,795        589,423  

Dexerials Corp.(a)

     24,700        554,596  

Elematec Corp.

     18,254        158,018  

ESPEC Corp.

     8,000        94,566  

Furuno Electric Co. Ltd.

     22,900        173,714  

Hakuto Co. Ltd.(a)

     12,534        276,234  

Hioki EE Corp.(a)

     2,300        99,789  

I-PEX, Inc.

     2,700        23,112  

Innotech Corp.

     13,700        119,069  

Iriso Electronics Co. Ltd.(a)

     2,100        57,525  

Japan Aviation Electronics Industry Ltd.(a)

     17,900        262,171  

Kaga Electronics Co. Ltd.

     5,300        147,929  

Koa Corp.(a)

     8,200        124,916  

Macnica Holdings, Inc.

     20,700        388,129  

Meiko Electronics Co. Ltd.(a)

     3,400        58,630  

Nichicon Corp.(a)

     19,500        186,991  

Nippon Ceramic Co. Ltd.

     6,200        104,558  

Nippon Electric Glass Co. Ltd.

     35,400        609,708  

Nippon Signal Co. Ltd.(a)

     27,300        178,423  

Nissha Co. Ltd.

     10,400        122,792  

Nohmi Bosai Ltd.

     11,791        131,966  

Optex Group Co. Ltd.(a)

     9,700        142,272  

Restar Holdings Corp.(a)

     13,300        177,431  

Riken Keiki Co. Ltd.(a)

     2,700        72,749  

Ryoden Corp.

     12,961        139,778  

Ryosan Co. Ltd.

     5,900        91,265  

Sanshin Electronics Co. Ltd.(a)

     8,100        93,846  

Siix Corp.(a)

     13,300        99,788  

Tachibana Eletech Co. Ltd.

     3,900        42,194  

Tokyo Electron Device Ltd.

     3,900        142,803  

Topcon Corp.

     11,600        129,267  

V Technology Co. Ltd.

     4,100        72,457  

Yokowo Co. Ltd.(a)

     4,500        58,914  
     

 

 

 
Total Electronic Equipment, Instruments & Components

 

     7,212,829  
Energy Equipment & Services – 0.2%

 

Modec, Inc.*(a)

     11,300        115,463  

Toyo Kanetsu KK(a)

     7,800        132,349  
     

 

 

 
Total Energy Equipment & Services

 

     247,812  
Entertainment – 0.8%

 

Akatsuki, Inc.

     4,400        63,289  

Avex, Inc.(a)

     56,099        597,247  

Daiichikosho Co. Ltd.(a)

     14,700        413,341  

Marvelous, Inc.

     33,600        154,600  
     

 

 

 
Total Entertainment

 

     1,228,477  
Food & Staples Retailing – 2.1%

 

Aeon Hokkaido Corp.(a)

     14,600      113,980  

Ain Holdings, Inc.

     2,300        99,313  

Arcs Co. Ltd.

     17,294        246,127  

Axial Retailing, Inc.

     6,900        155,166  

Belc Co. Ltd.

     3,700        137,780  

Cawachi Ltd.

     7,600        111,891  

Create SD Holdings Co. Ltd.

     8,000        173,270  

G-7 Holdings, Inc.(a)

     13,500        133,466  

Heiwado Co. Ltd.

     14,263        196,880  

Kato Sangyo Co. Ltd.

     10,516        242,657  

Life Corp.(a)

     7,000        129,897  

Mitsubishi Shokuhin Co. Ltd.

     10,800        243,988  

Okuwa Co. Ltd.

     18,000        112,543  

Qol Holdings Co. Ltd.

     7,600        63,532  

Retail Partners Co. Ltd.(a)

     11,200        86,044  

San-A Co. Ltd.

     5,900        177,923  

United Super Markets Holdings, Inc.(a)

     24,700        179,860  

Valor Holdings Co. Ltd.

     12,991        159,667  

Yaoko Co. Ltd.(a)

     4,600        208,477  

Yokorei Co. Ltd.

     24,900        151,555  
     

 

 

 
Total Food & Staples Retailing

 

     3,124,016  
Food Products – 3.4%

 

Ariake Japan Co. Ltd.(a)

     3,228        111,952  

Ezaki Glico Co. Ltd.

     13,200        325,110  

Fuji Oil Holdings, Inc.(a)

     17,500        290,891  

Fujicco Co. Ltd.(a)

     12,800        168,992  

Hokuto Corp.(a)

     17,591        230,180  

Itoham Yonekyu Holdings, Inc.

     140,500        646,468  

J-Oil Mills, Inc.(a)

     12,800        137,422  

Kagome Co. Ltd.

     13,300        277,036  

Kameda Seika Co. Ltd.(a)

     2,800        88,791  

Kyokuyo Co. Ltd.

     7,500        187,571  

Maruha Nichiro Corp.

     7,232        122,911  

Megmilk Snow Brand Co. Ltd.

     13,700        162,134  

Mitsui DM Sugar Holdings Co. Ltd.

     4,898        64,057  

Morinaga & Co. Ltd.

     11,687        320,949  

Nippn Corp.

     17,783        190,920  

Nippon Suisan Kaisha Ltd.

     49,000        184,497  

Nisshin Oillio Group Ltd.

     11,500        253,843  

Prima Meat Packers Ltd.

     11,600        167,495  

Riken Vitamin Co. Ltd.

     11,000        133,524  

S Foods, Inc.

     8,200        171,937  

Sakata Seed Corp.

     8,000        265,847  

Showa Sangyo Co. Ltd.

     8,900        152,366  

Starzen Co. Ltd.

     11,900        166,729  

Warabeya Nichiyo Holdings Co. Ltd.

     6,200        94,920  

Yukiguni Maitake Co. Ltd.

     14,200        97,907  
     

 

 

 
Total Food Products

 

     5,014,449  
Gas Utilities – 0.7%

 

Hokkaido Gas Co. Ltd.

     11,200        122,798  

Nippon Gas Co. Ltd.

     40,400        573,574  

Saibu Gas Holdings Co. Ltd.(a)

     13,300        158,687  

 

See Notes to Financial Statements.

 

WisdomTree Trust      71  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Shizuoka Gas Co. Ltd.

     17,792      $ 121,690  
     

 

 

 
Total Gas Utilities

 

     976,749  
Health Care Equipment & Supplies – 1.3%

 

Eiken Chemical Co. Ltd.

     13,370        165,895  

Hogy Medical Co. Ltd.(a)

     8,000        196,207  

Japan Lifeline Co. Ltd.

     18,700        124,930  

Mani, Inc.

     13,800        167,608  

Mizuho Medy Co. Ltd.(a)

     3,100        58,725  

Nagaileben Co. Ltd.

     11,926        160,255  

Nakanishi, Inc.

     17,800        324,777  

Nipro Corp.(a)

     50,400        378,840  

Paramount Bed Holdings Co. Ltd.

     16,442        293,183  
     

 

 

 
Total Health Care Equipment & Supplies

 

     1,870,420  
Health Care Providers & Services – 1.2%

 

BML, Inc.

     13,800        310,808  

Falco Holdings Co. Ltd.(a)

     7,000        84,438  

France Bed Holdings Co. Ltd.(a)

     22,400        139,744  

H.U. Group Holdings, Inc.

     42,800        780,628  

Ship Healthcare Holdings, Inc.

     15,714        295,184  

Solasto Corp.

     14,900        88,837  

Tokai Corp.

     8,200        101,576  
     

 

 

 
Total Health Care Providers & Services

 

     1,801,215  
Hotels, Restaurants & Leisure – 2.1%

 

Aeon Fantasy Co. Ltd.

     4,900        117,299  

Arcland Service Holdings Co. Ltd.(a)

     7,000        103,347  

Doutor Nichires Holdings Co. Ltd.

     9,400        112,869  

Heiwa Corp.(a)

     38,900        601,459  

Hiday Hidaka Corp.

     6,098        90,831  

Ichibanya Co. Ltd.

     6,136        188,220  

KFC Holdings Japan Ltd.(a)

     7,600        142,187  

KOMEDA Holdings Co. Ltd.

     18,200        292,845  

Kura Sushi, Inc.(a)

     2,100        44,395  

Monogatari Corp.

     1,300        62,330  

MOS Food Services, Inc.

     5,200        111,728  

Ohsho Food Service Corp.

     6,900        305,088  

Plenus Co. Ltd.

     23,100        307,372  

Resorttrust, Inc.

     15,308        245,571  

Round One Corp.

     42,000        182,224  

Saizeriya Co. Ltd.

     2,800        51,649  

Tokyotokeiba Co. Ltd.

     3,542        101,064  
     

 

 

 
Total Hotels, Restaurants & Leisure

 

     3,060,478  
Household Durables – 1.9%

 

&Do Holdings Co. Ltd.

     12,300        73,080  

Cleanup Corp.

     38,600        150,138  

ES-Con Japan Ltd.(a)

     49,000        276,915  

FJ Next Holdings Co. Ltd.

     28,000        194,991  

Fuji Corp. Ltd.(a)

     33,900        145,441  

Fujitsu General Ltd.(a)

     13,300        276,117  

Hoosiers Holdings Co. Ltd.

     21,200        113,510  

JVCKenwood Corp.

     74,900        101,940  

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

     8,700        262,662  

LEC, Inc.(a)

     17,700        100,762  

Pressance Corp.

     12,888      130,265  

Sanei Architecture Planning Co. Ltd.

     10,000        111,645  

Sangetsu Corp.

     23,700        262,142  

Tama Home Co. Ltd.

     19,000        308,473  

Tamron Co. Ltd.

     6,766        135,605  

Zojirushi Corp.(a)

     14,600        157,252  
     

 

 

 
Total Household Durables

 

     2,800,938  
Household Products – 0.5%

 

Earth Corp.

     3,700        132,668  

Pigeon Corp.

     37,100        541,845  
     

 

 

 
Total Household Products

 

     674,513  
Independent Power & Renewable Electricity Producers – 1.0%

 

Electric Power Development Co. Ltd.

     91,300        1,291,806  

eRex Co. Ltd.

     6,700        129,052  

West Holdings Corp.

     3,847        110,696  
     

 

 

 
Total Independent Power & Renewable Electricity Producers

 

     1,531,554  
Industrial Conglomerates – 0.6%

 

Nisshinbo Holdings, Inc.

     59,000        427,994  

Noritsu Koki Co. Ltd.

     3,900        65,797  

TOKAI Holdings Corp.(a)

     72,600        436,869  
     

 

 

 
Total Industrial Conglomerates

 

     930,660  
Insurance – 0.1%

 

Advance Create Co. Ltd.(a)

     14,000        93,143  
Interactive Media & Services – 0.1%

 

Infocom Corp.

     10,500        138,191  
Internet & Direct Marketing Retail – 0.3%

 

ASKUL Corp.

     16,730        172,681  

Aucnet, Inc.(a)

     6,000        92,480  

Belluna Co. Ltd.(a)

     23,484        113,246  

Scroll Corp.(a)

     26,000        125,918  
     

 

 

 
Total Internet & Direct Marketing Retail

 

     504,325  
IT Services – 3.1%

 

Bell System24 Holdings, Inc.

     23,000        219,282  

BIPROGY, Inc.

     25,100        544,502  

Comture Corp.(a)

     3,300        52,095  

Digital Garage, Inc.

     2,800        67,125  

DTS Corp.

     12,982        308,081  

Future Corp.

     16,400        179,358  

GMO GlobalSign Holdings KK

     2,000        61,073  

GMO Internet Group, Inc.

     18,072        318,128  

Ines Corp.(a)

     8,000        80,694  

Information Services International-Dentsu Ltd.

     8,200        250,966  

JBCC Holdings, Inc.

     12,100        147,713  

Kanematsu Electronics Ltd.

     11,100        305,596  

Mitsubishi Research Institute, Inc.

     4,600        141,580  

NEC Networks & System Integration Corp.

     28,537        310,123  

NET One Systems Co. Ltd.

     17,800        346,543  

NSD Co. Ltd.(a)

     20,500        348,547  

Relia, Inc.

     26,600        177,339  

SB Technology Corp.(a)

     4,000        60,548  

TDC Soft, Inc.(a)

     11,100        94,938  

 

See Notes to Financial Statements.

 

72   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

TKC Corp.

     10,500      $ 248,817  

Transcosmos, Inc.

     10,700        276,103  

Uchida Yoko Co. Ltd.

     3,000        90,884  
     

 

 

 
Total IT Services

 

     4,630,035  
Leisure Products – 1.2%

 

Daikoku Denki Co. Ltd.(a)

     9,500        85,388  

Furyu Corp.

     8,200        57,161  

GLOBERIDE, Inc.

     2,900        43,236  

Mizuno Corp.

     4,923        87,512  

Roland Corp.

     12,400        380,365  

Sankyo Co. Ltd.

     33,000        999,724  

Tomy Co. Ltd.

     17,600        150,654  
     

 

 

 
Total Leisure Products

 

     1,804,040  
Machinery – 4.2%

 

Aichi Corp.

     35,800        194,155  

Aida Engineering Ltd.(a)

     14,300        80,913  

Alinco, Inc.(a)

     18,500        115,030  

Bando Chemical Industries Ltd.

     29,700        210,523  

CKD Corp.

     9,541        113,244  

DMG Mori Co. Ltd.

     12,400        141,352  

Ebara Jitsugyo Co. Ltd.

     5,600        83,838  

Fujitec Co. Ltd.(a)

     21,561        434,810  

Fukushima Galilei Co. Ltd.

     2,100        51,940  

Furukawa Co. Ltd.

     13,300        111,457  

Giken Ltd.

     4,100        88,518  

Glory Ltd.

     17,600        258,142  

Hitachi Zosen Corp.

     22,800        134,993  

Japan Steel Works Ltd.

     8,004        157,376  

Juki Corp.

     9,400        44,810  

Kito Corp.

     7,700        144,589  

Kitz Corp.

     14,089        78,064  

Kyokuto Kaihatsu Kogyo Co. Ltd.(a)

     12,780        116,812  

Meidensha Corp.(a)

     9,300        126,639  

METAWATER Co. Ltd.

     12,300        161,201  

Mitsubishi Logisnext Co. Ltd.

     8,200        41,809  

Mitsuboshi Belting Ltd.(a)

     9,846        204,749  

Morita Holdings Corp.

     15,705        139,099  

Nachi-Fujikoshi Corp.

     2,100        51,142  

Nikko Co. Ltd.

     43,600        182,238  

Nippon Thompson Co. Ltd.

     15,200        55,972  

Nissei ASB Machine Co. Ltd.(a)

     4,000        98,933  

Nitta Corp.

     5,700        109,475  

Nomura Micro Science Co. Ltd.(a)

     2,800        64,900  

Noritake Co. Ltd.

     2,400        66,572  

Obara Group, Inc.(a)

     5,379        119,290  

Oiles Corp.(a)

     13,200        134,512  

OKUMA Corp.

     2,370        81,049  

Organo Corp.

     10,000        141,698  

OSG Corp.

     11,000        135,728  

Shibaura Machine Co. Ltd.

     8,061        160,390  

Shibuya Corp.

     6,300        105,330  

Shinmaywa Industries Ltd.

     21,485        144,129  

Sodick Co. Ltd.

     21,100        110,496  

Star Micronics Co. Ltd.

     17,834      200,709  

Takeuchi Manufacturing Co. Ltd.

     7,900        145,234  

Tocalo Co. Ltd.(a)

     17,700        143,195  

Torishima Pump Manufacturing Co. Ltd.

     16,900        155,754  

Tsubaki Nakashima Co. Ltd.

     11,000        85,723  

Tsubakimoto Chain Co.

     8,145        171,909  

Tsugami Corp.(a)

     9,000        72,749  

Union Tool Co.

     3,600        82,573  

YAMABIKO Corp.

     15,600        119,092  

Yushin Precision Equipment Co. Ltd.

     22,400        109,102  
     

 

 

 
Total Machinery

 

     6,281,957  
Marine – 0.3%

 

Iino Kaiun Kaisha Ltd.

     52,400        235,672  

Japan Transcity Corp.

     20,800        68,689  

NS United Kaiun Kaisha Ltd.

     8,100        211,251  
     

 

 

 
Total Marine

 

     515,612  
Media – 0.8%

 

Carta Holdings, Inc.

     7,700        88,786  

Digital Holdings, Inc.(a)

     5,900        47,609  

Intage Holdings, Inc.

     12,900        135,199  

Proto Corp.

     9,000        64,044  

SKY Perfect JSAT Holdings, Inc.

     134,000        478,621  

TV Tokyo Holdings Corp.

     12,300        161,371  

ValueCommerce Co. Ltd.

     3,100        47,417  

Wowow, Inc.

     8,800        80,860  

Zenrin Co. Ltd.

     17,580        108,216  
     

 

 

 
Total Media

 

     1,212,123  
Metals & Mining – 3.4%

 

Aichi Steel Corp.

     6,100        86,899  

Asahi Holdings, Inc.

     33,200        465,619  

Daido Steel Co. Ltd.(a)

     8,900        216,436  

Daiki Aluminium Industry Co. Ltd.(a)

     15,500        126,253  

Dowa Holdings Co. Ltd.

     13,300        476,887  

Hakudo Co. Ltd.(a)

     6,400        101,961  

Kobe Steel Ltd.(a)

     107,000        428,754  

Kurimoto Ltd.(a)

     7,100        78,728  

Kyoei Steel Ltd.

     17,614        168,784  

Maruichi Steel Tube Ltd.

     32,000        654,171  

Mitsubishi Materials Corp.

     44,800        615,615  

Mitsui Mining & Smelting Co. Ltd.

     14,600        306,636  

Neturen Co. Ltd.

     19,300        85,603  

Nippon Denko Co. Ltd.(a)

     53,800        124,144  

Nippon Light Metal Holdings Co. Ltd.

     33,600        336,128  

Nippon Yakin Kogyo Co. Ltd.(a)

     6,600        119,100  

Nittetsu Mining Co. Ltd.(a)

     4,800        91,129  

Sanyo Special Steel Co. Ltd.

     14,200        183,454  

Toho Titanium Co. Ltd.(a)

     8,200        133,810  

Toho Zinc Co. Ltd.(a)

     2,800        42,035  

Tokyo Steel Manufacturing Co. Ltd.

     19,500        169,881  

Tokyo Tekko Co. Ltd.(a)

     7,000        63,063  
     

 

 

 
Total Metals & Mining

 

     5,075,090  

 

See Notes to Financial Statements.

 

WisdomTree Trust      73  


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  
Multiline Retail – 1.5%

 

H2O Retailing Corp.

     38,100      $ 291,386  

Izumi Co. Ltd.

     17,600        377,547  

J. Front Retailing Co. Ltd.

     88,700        720,655  

Mr. Max Holdings Ltd.

     23,800        102,438  

Seria Co. Ltd.

     12,800        223,554  

Takashimaya Co. Ltd.

     37,600        444,462  
     

 

 

 
Total Multiline Retail

 

     2,160,042  
Oil, Gas & Consumable Fuels – 1.2%

 

Cosmo Energy Holdings Co. Ltd.

     41,500        1,063,698  

Itochu Enex Co. Ltd.

     53,881        380,437  

Nippon Coke & Engineering Co. Ltd.(a)

     131,500        82,673  

Sala Corp.

     30,800        161,719  

San-Ai Obbli Co. Ltd.

     14,516        112,021  
     

 

 

 
Total Oil, Gas & Consumable Fuels

 

     1,800,548  
Paper & Forest Products – 0.5%

 

Daiken Corp.

     10,400        131,055  

Hokuetsu Corp.(a)

     53,832        280,792  

Nippon Paper Industries Co. Ltd.

     44,100        286,698  
     

 

 

 
Total Paper & Forest Products

 

     698,545  
Personal Products – 0.5%

 

Milbon Co. Ltd.

     3,000        132,025  

Noevir Holdings Co. Ltd.

     12,500        490,518  

Shinnihonseiyaku Co. Ltd.

     5,000        51,884  
     

 

 

 
Total Personal Products

 

     674,427  
Pharmaceuticals – 1.4%

 

Astena Holdings Co. Ltd.

     25,200        74,340  

Kaken Pharmaceutical Co. Ltd.

     14,900        392,715  

KYORIN Holdings, Inc.(a)

     23,285        284,738  

Mochida Pharmaceutical Co. Ltd.(a)

     12,822        298,969  

Sawai Group Holdings Co. Ltd.

     11,724        328,850  

Seikagaku Corp.(a)

     10,300        59,134  

Towa Pharmaceutical Co. Ltd.

     11,300        165,739  

Tsumura & Co.

     14,500        309,044  

ZERIA Pharmaceutical Co. Ltd.

     12,100        173,209  
     

 

 

 
Total Pharmaceuticals

 

     2,086,738  
Professional Services – 1.5%

 

Altech Corp.

     9,960        127,162  

Dip Corp.(a)

     8,200        208,194  

en Japan, Inc.

     2,100        32,368  

Forum Engineering, Inc.

     18,400        115,933  

FULLCAST Holdings Co. Ltd.

     7,300        129,110  

Funai Soken Holdings, Inc.

     7,410        125,680  

IR Japan Holdings Ltd.(a)

     400        5,665  

JAC Recruitment Co. Ltd.

     22,000        336,813  

LIKE, Inc.

     6,800        101,334  

Link and Motivation, Inc.(a)

     9,300        49,409  

Meitec Corp.

     24,300        385,120  

Nomura Co. Ltd.

     24,000        150,057  

Outsourcing, Inc.

     5,500        41,684  

Pasona Group, Inc.(a)

     5,000        69,087  

Tanseisha Co. Ltd.(a)

     13,000        68,258  

UT Group Co. Ltd.

     2,800      46,078  

World Holdings Co. Ltd.

     6,300        114,514  

YAMADA Consulting Group Co. Ltd.

     8,700        72,067  
     

 

 

 
Total Professional Services

 

     2,178,533  
Real Estate Management & Development – 1.5%

 

Aoyama Zaisan Networks Co. Ltd.(a)

     10,200        65,818  

CRE, Inc.(a)

     6,000        60,520  

Dear Life Co. Ltd.

     38,400        146,973  

Goldcrest Co. Ltd.(a)

     14,200        163,539  

Heiwa Real Estate Co. Ltd.

     9,568        262,427  

Ichigo, Inc.

     112,700        232,026  

Katitas Co. Ltd.(a)

     8,100        179,913  

Keihanshin Building Co. Ltd.

     14,400        121,670  

SAMTY Co. Ltd.(a)

     22,800        354,259  

Starts Corp., Inc.

     13,000        236,298  

Sun Frontier Fudousan Co. Ltd.

     46,500        359,805  

Takara Leben Co. Ltd.

     26,300        69,954  
     

 

 

 
Total Real Estate Management & Development

 

     2,253,202  
Road & Rail – 1.3%

 

Alps Logistics Co. Ltd.

     12,800        91,526  

Fukuyama Transporting Co. Ltd.(a)

     5,711        128,823  

Hamakyorex Co. Ltd.

     4,200        91,112  

Maruzen Showa Unyu Co. Ltd.(a)

     4,800        101,641  

Nankai Electric Railway Co. Ltd.

     13,300        271,614  

Nikkon Holdings Co. Ltd.(a)

     19,860        309,813  

Nishi-Nippon Railroad Co. Ltd.(a)

     7,800        155,413  

Sakai Moving Service Co. Ltd.

     2,100        67,971  

Seino Holdings Co. Ltd.

     38,200        306,138  

Senko Group Holdings Co. Ltd.

     61,256        405,848  
     

 

 

 
Total Road & Rail

 

     1,929,899  
Semiconductors & Semiconductor Equipment – 1.1%

 

Ferrotec Holdings Corp.(a)

     3,900        63,722  

Furuya Metal Co. Ltd.

     1,200        64,417  

Japan Material Co. Ltd.(a)

     10,900        139,163  

MegaChips Corp.

     3,000        52,292  

Micronics Japan Co. Ltd.

     7,900        64,567  

Mimasu Semiconductor Industry Co. Ltd.

     4,627        61,440  

Mitsui High-Tec, Inc.(a)

     2,500        117,621  

Optorun Co. Ltd.

     9,300        134,413  

Shibaura Mechatronics Corp.

     1,600        103,354  

Tokyo Seimitsu Co. Ltd.

     12,500        367,888  

Ulvac, Inc.

     8,200        290,622  

Yamaichi Electronics Co. Ltd.

     10,300        127,233  
     

 

 

 
Total Semiconductors & Semiconductor Equipment

 

     1,586,732  
Software – 0.8%

 

Broadleaf Co. Ltd.(a)

     23,400        81,478  

Computer Engineering & Consulting Ltd.

     14,500        147,359  

Cresco Ltd.

     7,800        88,376  

Cybernet Systems Co. Ltd.

     16,700        104,299  

Fuji Soft, Inc.

     2,700        152,586  

Fukui Computer Holdings, Inc.

     2,400        56,126  

Miroku Jyoho Service Co. Ltd.

     9,700        96,635  

 

See Notes to Financial Statements.

 

74   WisdomTree Trust


Schedule of Investments (unaudited) (continued)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

Investments    Shares      Value  

Scala, Inc.(a)

     15,900      $ 73,489  

SRA Holdings(a)

     12,600        258,973  

Systena Corp.

     44,400        123,619  

WingArc1st, Inc.

     3,200        40,656  
     

 

 

 
Total Software

 

     1,223,596  
Specialty Retail – 3.4%

 

Adastria Co. Ltd.

     13,300        196,819  

Alleanza Holdings Co. Ltd.(a)

     16,500        111,942  

Alpen Co. Ltd.

     7,500        107,050  

Arclands Corp.(a)

     8,816        88,254  

Asahi Co. Ltd.

     13,300        120,003  

Autobacs Seven Co. Ltd.

     49,400        478,488  

Bic Camera, Inc.(a)

     27,300        233,308  

Chiyoda Co. Ltd.

     16,791        91,063  

DCM Holdings Co. Ltd.(a)

     45,145        367,098  

EDION Corp.(a)

     45,739        372,245  

Honeys Holdings Co. Ltd.

     16,300        136,936  

IDOM, Inc.

     11,100        66,641  

Joshin Denki Co. Ltd.(a)

     10,100        132,299  

Joyful Honda Co. Ltd.

     17,400        214,457  

K’s Holdings Corp.

     86,400        713,310  

Kohnan Shoji Co. Ltd.

     6,600        154,119  

Kojima Co. Ltd.

     14,300        62,240  

Komeri Co. Ltd.

     8,437        161,110  

Nafco Co. Ltd.(a)

     11,400        124,440  

Nextage Co. Ltd.

     3,600        78,096  

Nojima Corp.(a)

     17,200        160,182  

PAL GROUP Holdings Co. Ltd.

     8,100        131,451  

PC Depot Corp.(a)

     16,600        30,735  

T-Gaia Corp.(a)

     22,000        249,114  

VT Holdings Co. Ltd.

     46,800        153,904  

Xebio Holdings Co. Ltd.

     10,300        68,598  

Yellow Hat Ltd.

     23,400        290,025  
     

 

 

 
Total Specialty Retail

 

     5,093,927  
Technology Hardware, Storage & Peripherals – 1.3%

 

Eizo Corp.

     7,500        188,089  

Elecom Co. Ltd.(a)

     22,100        220,473  

Konica Minolta, Inc.(a)

     272,200        838,725  

MCJ Co. Ltd.

     27,900        191,404  

Riso Kagaku Corp.(a)

     7,300        117,914  

Roland DG Corp.

     3,900        80,131  

Toshiba TEC Corp.

     5,500        142,112  

Wacom Co. Ltd.

     33,611        165,100  
     

 

 

 
Total Technology Hardware, Storage & Peripherals

 

     1,943,948  
Textiles, Apparel & Luxury Goods – 1.0%

 

Baroque Japan Ltd.(a)

     16,300        88,513  

Fujibo Holdings, Inc.

     3,700        83,972  

Gunze Ltd.

     5,983        159,759  

Japan Wool Textile Co. Ltd.

     26,625        195,900  

Kurabo Industries Ltd.

     9,376        127,803  

Onward Holdings Co. Ltd.

     54,033        109,003  

Seiko Holdings Corp.(a)

     9,000        187,468  

Seiren Co. Ltd.(a)

     11,011        160,055  

Wacoal Holdings Corp.(a)

     10,500      155,601  

Yondoshi Holdings, Inc.(a)

     15,000        178,037  
     

 

 

 
Total Textiles, Apparel & Luxury Goods

 

     1,446,111  
Thrifts & Mortgage Finance – 0.1%

 

Aruhi Corp.(a)

     17,700        168,141  
Trading Companies & Distributors – 3.1%

 

Advan Group Co. Ltd.

     18,100        101,914  

Alconix Corp.

     8,200        74,553  

Chori Co. Ltd.

     9,800        129,926  

Daiichi Jitsugyo Co. Ltd.

     2,800        74,379  

Hanwa Co. Ltd.

     6,822        161,896  

Inaba Denki Sangyo Co. Ltd.

     19,488        367,155  

Inabata & Co. Ltd.(a)

     38,641        623,083  

Kamei Corp.

     13,800        101,728  

Kanamoto Co. Ltd.

     9,528        135,865  

Kanematsu Corp.

     32,400        319,422  

Kokusai Pulp & Paper Co. Ltd.

     33,300        165,183  

Nagase & Co. Ltd.

     29,604        403,119  

Nichiden Corp.

     7,200        86,204  

Nippon Steel Trading Corp.

     14,900        517,786  

Nishio Rent All Co. Ltd.

     7,300        143,937  

Onoken Co. Ltd.(a)

     19,300        188,540  

Sanyo Trading Co. Ltd.(a)

     18,000        128,585  

Sato Shoji Corp.

     11,100        86,809  

Shinsho Corp.

     5,100        130,015  

Trusco Nakayama Corp.

     7,800        107,345  

Wakita & Co. Ltd.

     18,400        147,586  

Yamazen Corp.

     19,006        119,489  

Yuasa Trading Co. Ltd.

     8,200        198,563  
     

 

 

 
Total Trading Companies & Distributors

 

     4,513,082  
Transportation Infrastructure – 0.7%

 

Kamigumi Co. Ltd.

     28,400        524,658  

Mitsubishi Logistics Corp.

     18,300        431,124  

Nissin Corp.

     8,700        104,283  
     

 

 

 
Total Transportation Infrastructure

 

     1,060,065  
Wireless Telecommunication Services – 0.3%

 

Okinawa Cellular Telephone Co.

     25,000        440,430  

TOTAL COMMON STOCKS

(Cost: $209,597,120)

 

 

     145,182,956  
EXCHANGE-TRADED FUND – 0.3%

 

United States – 0.3%

 

WisdomTree Japan Hedged Equity Fund(a)(b)
(Cost: $378,910)
     5,852        360,951  
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 11.2%

 

United States – 11.2%

 

State Street Navigator Securities Lending Government Money Market Portfolio, 3.07%(c)

     
(Cost: $16,529,429)      16,529,429        16,529,429  

TOTAL INVESTMENTS IN SECURITIES – 109.7%

(Cost: $226,505,459)

 

 

     162,073,336  

Other Assets less Liabilities – (9.7)%

 

     (14,265,745
     

 

 

 
NET ASSETS – 100.0%

 

   $ 147,807,591  

 

See Notes to Financial Statements.

 

WisdomTree Trust      75  


Schedule of Investments (unaudited) (concluded)

WisdomTree Japan SmallCap Dividend Fund (DFJ)

September 30, 2022

 

 

 

 

* 

Non-income producing security.

 

(a) 

Security, or portion thereof, was on loan at September 30, 2022 (See Note 2). At September 30, 2022, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $29,223,185 and the total market value of the collateral held by the Fund was $31,501,648. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $14,972,219.

 

(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, 2022.

 

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, 2022 were as follows:

 

Affiliate   Value at
3/31/2022
    Purchases/
Additions
    Sales/
Reductions
    Realized
Gain/(Loss)
    Change in
Unrealized
Appreciation/
Depreciation
    Value at
9/30/2022
    Dividend
Income
 

WisdomTree Japan Hedged Equity Fund

  $ 380,663     $ 681,007     $ 664,676     $ (10,979   $ (25,064   $ 360,951     $ 8,397  

 

FAIR VALUATION SUMMARY

The following is a summary of the fair valuations according to the inputs used as of September 30, 2022 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):

 

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

Assets:

           

Investments in Securities

           

Common Stocks

   $ 145,182,956      $      $      $ 145,182,956  

Exchange-Traded Fund

     360,951                      360,951  

Investment of Cash Collateral for Securities Loaned

            16,529,429               16,529,429  

Total Investments in Securities

   $ 145,543,907      $ 16,529,429      $      $ 162,073,336  

 

See Notes to Financial Statements.

 

76   WisdomTree Trust


Statements of Assets and Liabilities (unaudited)

WisdomTree Trust

September 30, 2022

 

 

 

      WisdomTree
Europe Quality
Dividend
Growth Fund
     WisdomTree
Europe SmallCap
Dividend Fund
     WisdomTree
International
AI Enhanced
Value Fund
     WisdomTree
International
Equity Fund
     WisdomTree
International
High Dividend
Fund
 

ASSETS:

 

Investments, at cost

   $ 65,006,677      $ 273,198,843      $ 99,644,883      $ 587,569,708      $ 224,193,864  

Investment in affiliates, at cost (Note 3)

                                 1,006,214  

Foreign currency, at cost

     13,596        299,818        99,880        331,558        207,664  

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

     50,005,465        183,523,421        75,121,998        538,229,515        188,497,634  

Investment in affiliates, at value (Note 3)

                                 940,888  

Cash

            82,651        131,493        332,685        102,165  

Foreign currency, at value

     13,725        301,558        102,611        333,497        204,370  

Unrealized appreciation on foreign currency contracts

     6                              

Receivables:

 

Investment securities sold3

            5,239,167                       

Dividends

     67,457        391,991        281,657        2,289,899        852,050  

Securities lending income

     771        21,003        1,166        12,217        4,544  

Foreign tax reclaims

     231,019        1,402,774        258,213        1,557,022        421,937  

Other (Note 6)

            1,041,898                       

Total Assets

     50,318,443        192,004,463        75,897,138        542,754,835        191,023,588  

LIABILITIES:

 

Due to custodian

     42,669                              

Unrealized depreciation on foreign currency contracts

     3                             449  

Payables:

 

Cash collateral received for securities loaned (Note 2)

     2,258,555        12,242,097        5,143,965        22,934,545        12,138,216  

Capital shares redeemed

            4,458,040                       

Advisory fees (Note 3)

     25,473        95,328        36,696        219,645        89,252  

Service fees (Note 2)

     193        725        279        2,013        680  

Other (Note 6)

            1,126,152                       

Total Liabilities

     2,326,893        17,922,342        5,180,940        23,156,203        12,228,597  

NET ASSETS

   $ 47,991,550      $ 174,082,121      $ 70,716,198      $ 519,598,632      $ 178,794,991  

NET ASSETS:

 

Paid-in capital

   $ 68,759,074      $ 528,551,276      $ 162,945,935      $ 740,015,329      $ 295,660,152  

Total distributable earnings (loss)

     (20,767,524      (354,469,155      (92,229,737      (220,416,697      (116,865,161

NET ASSETS

   $ 47,991,550      $ 174,082,121      $ 70,716,198      $ 519,598,632      $ 178,794,991  

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

     2,050,000        3,800,000        2,300,000        12,850,000        5,900,000  

Net asset value per share

   $ 23.41      $ 45.81      $ 30.75      $ 40.44      $ 30.30  

1 Includes market value of securities out on loan of:

   $ 2,562,655      $ 17,629,333      $ 5,140,305      $ 37,646,446      $ 15,973,125  

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:

          $ 38,577             $ 33,463         

 

See Notes to Financial Statements.

 

WisdomTree Trust      77  


Statements of Assets and Liabilities (unaudited) (continued)

WisdomTree Trust

September 30, 2022

 

 

 

      WisdomTree
International
LargeCap
Dividend Fund
     WisdomTree
International
MidCap
Dividend Fund
     WisdomTree
International
Multifactor
Fund
     WisdomTree
International
Quality Dividend
Growth Fund
     WisdomTree
International
SmallCap
Dividend Fund
 

ASSETS:

 

Investments, at cost

   $ 394,845,446      $ 148,797,750      $ 33,172,425      $ 404,306,797      $ 1,374,504,808  

Investment in affiliates, at cost (Note 3)

     374,308                             25,394  

Foreign currency, at cost

     179,993        198,239        22,911        69,418        601,135  

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

     370,555,378        116,680,559        29,651,013        302,928,795        1,053,480,380  

Investment in affiliates, at value (Note 3)

     320,938                             24,532  

Cash

     32,288        4,469        15,167        120,033        603,068  

Foreign currency, at value

     183,346        200,796        23,068        69,543        603,638  

Unrealized appreciation on foreign currency contracts

                   405,257               93  

Receivables:

 

Investment securities sold3

                          9,050,803        1,777,612  

Capital shares sold

     39,329,244        40               108         

Dividends

     1,029,532        726,894        136,554        717,630        7,414,490  

Securities lending income

     2,641        3,856        484        6,612        81,214  

Foreign tax reclaims

     1,311,932        220,382        63,652        629,788        2,715,258  

Other (Note 6)

                                 552,261  

Total Assets

     412,765,299        117,836,996        30,295,195        313,523,312        1,067,252,546  

LIABILITIES:

 

Unrealized depreciation on foreign currency contracts

     2               367               1,938  

Payables:

 

Cash collateral received for securities loaned (Note 2)

     13,699,853        7,829,192        2,026,682        14,043,325        66,358,728  

Investment securities purchased

     38,594,048                              

Capital shares redeemed

                          9,272,610         

Advisory fees (Note 3)

     132,856        56,179        9,319        105,506        512,123  

Service fees (Note 2)

     1,219        426        108        1,105        3,901  

Other (Note 6)

                                 165,678  

Total Liabilities

     52,427,978        7,885,797        2,036,476        23,422,546        67,042,368  

NET ASSETS

   $ 360,337,321      $ 109,951,199      $ 28,258,719      $ 290,100,766      $ 1,000,210,178  

NET ASSETS:

 

Paid-in capital

   $ 492,429,687      $ 172,249,462      $ 33,798,354      $ 398,019,066      $ 1,554,045,722  

Total distributable earnings (loss)

     (132,092,366      (62,298,263      (5,539,635      (107,918,300      (553,835,544

NET ASSETS

   $ 360,337,321      $ 109,951,199      $ 28,258,719      $ 290,100,766      $ 1,000,210,178  

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

     9,600,000        2,300,000        1,300,000        10,950,000        19,400,000  

Net asset value per share

   $ 37.54      $ 47.80      $ 21.74      $ 26.49      $ 51.56  

1 Includes market value of securities out on loan of:

   $ 18,415,945      $ 14,218,992      $ 2,591,281      $ 15,795,748      $ 127,985,825  

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:

                               $ 4,524  

 

See Notes to Financial Statements.

 

78   WisdomTree Trust


Statements of Assets and Liabilities (unaudited) (concluded)

WisdomTree Trust

September 30, 2022

 

 

 

      WisdomTree
Japan SmallCap
Dividend Fund
 

ASSETS:

 

Investments, at cost

   $ 226,126,549  

Investment in affiliates, at cost (Note 3)

     378,910  

Foreign currency, at cost

     82,216  

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

     161,712,385  

Investment in affiliates, at value (Note 3)

     360,951  

Cash

     67,376  

Foreign currency, at value

     81,597  

Receivables:

 

Investment securities sold

     226,605  

Dividends

     1,688,651  

Securities lending income

     5,768  

Foreign tax reclaims

     267,789  

Total Assets

     164,411,122  

LIABILITIES:

 

Payables:

  

Cash collateral received for securities loaned (Note 2)

     16,529,429  

Advisory fees (Note 3)

     73,545  

Service fees (Note 2)

     557  

Total Liabilities

     16,603,531  

NET ASSETS

   $ 147,807,591  

NET ASSETS:

 

Paid-in capital

   $ 316,092,899  

Total distributable earnings (loss)

     (168,285,308

NET ASSETS

   $ 147,807,591  

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

     2,600,000  

Net asset value per share

   $ 56.85  

1 Includes market value of securities out on loan of:

   $ 29,223,185  

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      79  


Statements of Operations (unaudited)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
Europe Quality
Dividend
Growth Fund
     WisdomTree
Europe SmallCap
Dividend Fund
     WisdomTree
International
AI Enhanced
Value Fund
     WisdomTree
International
Equity Fund
     WisdomTree
International
High Dividend
Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 1,519,577      $ 9,571,805      $ 3,005,197      $ 17,689,394      $ 7,114,001  

Dividends from affiliates (Note 3)

            57,688                      87,261  

Non-cash dividends

     8,860        1,292,748               2,388,786        1,365,800  

Securities lending income, net (Note 2)

     13,310        159,371        24,333        150,135        62,620  

Other income (Note 6)

            1,317,848        15,938        93,905         

Less:

 

Foreign withholding taxes on dividends

     (164,405      (1,095,027      (277,688      (1,503,246      (530,795

IRS closing agreement fee (Note 6)

            (335,270                     

Total investment income

     1,377,342        10,969,163        2,767,780        18,818,974        8,098,887  

EXPENSES:

 

Advisory fees (Note 3)

     191,061        704,128        282,865        1,418,697        561,826  

Service fees (Note 2)

     1,449        5,342        2,146        13,005        4,263  

Other expenses (Note 6)

            284,775        4,242        24,141         

Total expenses

     192,510        994,245        289,253        1,455,843        566,089  

Expense waivers (Note 3)

            (1,414                    (1,527

Net expenses

     192,510        992,831        289,253        1,455,843        564,562  

Net investment income

     1,184,832        9,976,332        2,478,527        17,363,131        7,534,325  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (478,421      (386,751      (7,691,449      (1,860,281      (266,193

Investment transactions in affiliates (Note 3)

            (433,666                    (526,494

In-kind redemptions

     553,682        (2,534,418      (1,186,933              

Foreign currency contracts

     (4,456      (52,587      49,777        (82,266      (7,182

Foreign currency related transactions

     (33,892      (114,319      (176,195      (506,206      (184,205

Net realized gain (loss)

     36,913        (3,521,741      (9,004,800      (2,448,753      (984,074

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     (18,691,442      (86,073,231      (15,535,836      (154,718,011      (51,037,303

Investment transactions in affiliates (Note 3)

            9,435                      (87,108

Foreign currency contracts

     3        1,855        650        (10      (324

Translation of assets and liabilities denominated in foreign currencies

     (21,192      (532,589      (31,984      (189,883      (56,161

Net decrease in unrealized appreciation/depreciation

     (18,712,631      (86,594,530      (15,567,170      (154,907,904      (51,180,896

Net realized and unrealized loss on investments

     (18,675,718      (90,116,271      (24,571,970      (157,356,657      (52,164,970

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (17,490,886    $ (80,139,939    $ (22,093,443    $ (139,993,526    $ (44,630,645

 

See Notes to Financial Statements.

 

80   WisdomTree Trust


Statements of Operations (unaudited) (continued)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
International
LargeCap
Dividend Fund
     WisdomTree
International
MidCap
Dividend Fund
     WisdomTree
International
Multifactor
Fund
     WisdomTree
International
Quality Dividend
Growth Fund
     WisdomTree
International
SmallCap
Dividend Fund
 

INVESTMENT INCOME:

 

Dividends

   $ 10,499,614      $ 3,977,773      $ 875,026      $ 7,466,657      $ 39,685,013  

Dividends from affiliates (Note 3)

     18,410                             272,942  

Non-cash dividends

     1,924,820        24,115        15,431        2,082,081        1,752,273  

Securities lending income, net (Note 2)

     66,421        60,084        23,100        53,730        521,480  

Other income (Note 6)

                                 997,645  

Less: Foreign withholding taxes on dividends

     (832,231      (398,846      (62,248      (640,915      (3,651,275

Total investment income

     11,677,034        3,663,126        851,309        8,961,553        39,578,078  

EXPENSES:

 

Advisory fees (Note 3)

     852,030        362,731        59,629        669,689        3,413,380  

Service fees (Note 2)

     7,809        2,751        690        7,016        25,895  

Other expenses (Note 6)

                                 225,030  

Total expenses

     859,839        365,482        60,319        676,705        3,664,305  

Expense waivers (Note 3)

     (498                           (11,634

Net expenses

     859,341        365,482        60,319        676,705        3,652,671  

Net investment income

     10,817,693        3,297,644        790,990        8,284,848        35,925,407  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized gain (loss) from:

 

Investment transactions

     (1,139,504      (945,667      (1,933,601      (700,259      (1,265,122

Investment transactions in affiliates (Note 3)

     (127,822                           (2,385,738

In-kind redemptions

                   (5,665      2,370,645        (505,545

Foreign currency contracts

     (45,775      (12,668      2,286,777        (58,399      (54,367

Foreign currency related transactions

     (280,279      (117,763      (32,488      (166,464      (963,056

Net realized gain (loss)

     (1,593,380      (1,076,098      315,023        1,445,523        (5,173,828

Net increase (decrease) in unrealized appreciation/depreciation:

              

Investment transactions

     (90,174,395      (35,662,247      (5,384,165      (108,273,261      (331,451,753

Investment transactions in affiliates (Note 3)

     (53,370                           227,038  

Foreign currency contracts

     (2             340,711               (3,554

Translation of assets and liabilities denominated in foreign currencies

     (127,735      (24,176      (7,749      (70,817      (672,280

Net decrease in unrealized appreciation/depreciation

     (90,355,502      (35,686,423      (5,051,203      (108,344,078      (331,900,549

Net realized and unrealized loss on investments

     (91,948,882      (36,762,521      (4,736,180      (106,898,555      (337,074,377

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (81,131,189    $ (33,464,877    $ (3,945,190    $ (98,613,707    $ (301,148,970

 

See Notes to Financial Statements.

 

WisdomTree Trust      81  


Statements of Operations (unaudited) (concluded)

WisdomTree Trust

For the Six Months Ended September 30, 2022

 

 

 

      WisdomTree
Japan SmallCap
Dividend Fund
 

INVESTMENT INCOME:

  

Dividends

   $ 2,681,027  

Dividends from affiliates (Note 3)

     8,397  

Securities lending income, net (Note 2)

     21,533  

Less: Foreign withholding taxes on dividends

     (273,043

Total investment income

     2,437,914  

EXPENSES:

 

Advisory fees (Note 3)

     547,387  

Service fees (Note 2)

     4,153  

Total expenses

     551,540  

Expense waivers (Note 3)

     (307

Net expenses

     551,233  

Net investment income

     1,886,681  

NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:

 

Net realized loss from:

 

Investment transactions

     (647,712

Investment transactions in affiliates (Note 3)

     (10,979

In-kind redemptions

     (5,046,679

Foreign currency contracts

     2,432  

Foreign currency related transactions

     (375,254

Net realized loss

     (6,078,192

Net increase (decrease) in unrealized appreciation/depreciation:

 

Investment transactions

     (22,225,211

Investment transactions in affiliates (Note 3)

     (25,064

Foreign currency contracts

     704  

Translation of assets and liabilities denominated in foreign currencies

     (40,638

Net decrease in unrealized appreciation/depreciation

     (22,290,209

Net realized and unrealized loss on investments

     (28,368,401

NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS

   $ (26,481,720

 

See Notes to Financial Statements.

 

82   WisdomTree Trust


Statements of Changes in Net Assets

WisdomTree Trust

 

 

 

 

    

WisdomTree Europe Quality

Dividend Growth Fund

   

WisdomTree Europe SmallCap

Dividend Fund

   

WisdomTree International AI

Enhanced Value Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 1,184,832     $ 1,962,084     $ 9,976,332     $ 9,068,092     $ 2,478,527     $ 7,150,496  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    36,913       1,586,007       (3,521,741     49,203,140       (9,004,800     12,748,134  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (18,712,631     (2,620,967     (86,594,530     (57,010,630     (15,567,170     (18,626,236

Net increase (decrease) in net assets resulting from operations

    (17,490,886     927,124       (80,139,939     1,260,602       (22,093,443     1,272,394  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (1,250,750     (1,969,811     (10,747,500     (8,828,002     (2,893,500     (7,009,725

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    4,625,099       26,532,909             11,158,363             86,530,850  

Cost of shares redeemed

    (10,238,267           (30,836,132     (18,012,335     (25,878,698     (103,559,834

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

    (5,613,168     26,532,909       (30,836,132     (6,853,972     (25,878,698     (17,028,984

Net Increase (Decrease) in Net Assets

    (24,354,804     25,490,222       (121,723,571     (14,421,372     (50,865,641     (22,766,315

NET ASSETS:

 

Beginning of period

  $ 72,346,354     $ 46,856,132     $ 295,805,692     $ 310,227,064     $ 121,581,839     $ 144,348,154  

End of period

  $ 47,991,550     $ 72,346,354     $ 174,082,121     $ 295,805,692     $ 70,716,198     $ 121,581,839  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    2,300,000       1,500,000       4,350,000       4,450,000       3,000,000       3,400,000  

Shares created

    150,000       800,000             150,000             2,000,000  

Shares redeemed

    (400,000           (550,000     (250,000     (700,000     (2,400,000

Shares outstanding, end of period

    2,050,000       2,300,000       3,800,000       4,350,000       2,300,000       3,000,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      83  


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

     WisdomTree International Equity Fund     WisdomTree International High
Dividend Fund
    WisdomTree International LargeCap
Dividend Fund
 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 17,363,131     $ 22,049,629     $ 7,534,325     $ 8,707,341     $ 10,817,693     $ 13,317,196  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (2,448,753     5,959,349       (984,074     2,422,107       (1,593,380     4,648,519  

Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (154,907,904     415,707       (51,180,896     660,813       (90,355,502     7,274,413  

Net increase (decrease) in net assets resulting from operations

    (139,993,526     28,424,685       (44,630,645     11,790,261       (81,131,189     25,240,128  

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (18,028,250     (22,558,337     (7,703,500     (8,671,887     (11,144,000     (13,525,175

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    43,192,061       64,690,387       29,494,946       21,973,614       70,805,517       24,586,877  

Cost of shares redeemed

          (38,753,146           (6,142,830           (7,211,803

Net increase in net assets resulting from capital share transactions

    43,192,061       25,937,241       29,494,946       15,830,784       70,805,517       17,375,074  

Net Increase (Decrease) in Net Assets

    (114,829,715     31,803,589       (22,839,199     18,949,158       (21,469,672     29,090,027  

NET ASSETS:

 

Beginning of period

  $ 634,428,347     $ 602,624,758     $ 201,634,190     $ 182,685,032     $ 381,806,993     $ 352,716,966  

End of period

  $ 519,598,632     $ 634,428,347     $ 178,794,991     $ 201,634,190     $ 360,337,321     $ 381,806,993  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    11,950,000       11,450,000       5,050,000       4,650,000       7,800,000       7,450,000  

Shares created

    900,000       1,250,000       850,000       550,000       1,800,000       500,000  

Shares redeemed

          (750,000           (150,000           (150,000

Shares outstanding, end of period

    12,850,000       11,950,000       5,900,000       5,050,000       9,600,000       7,800,000  

 

See Notes to Financial Statements.

 

84   WisdomTree Trust


Statements of Changes in Net Assets (continued)

WisdomTree Trust

 

 

 

 

    

WisdomTree International MidCap

Dividend Fund

   

WisdomTree International

Multifactor Fund

   

WisdomTree International Quality

Dividend Growth Fund

 
     For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

  $ 3,297,644     $ 5,409,875     $ 790,990     $ 1,104,597     $ 8,284,848     $ 9,409,991  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

    (1,076,098     5,632,037       315,023       2,276,857       1,445,523       9,097,988  

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

    (35,686,423     (10,864,182     (5,051,203     (2,159,096     (108,344,078     (21,788,396

Net increase (decrease) in net assets resulting from operations

    (33,464,877     177,730       (3,945,190     1,222,358       (98,613,707     (3,280,417

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

    (3,442,000     (5,307,913     (682,500     (1,281,800     (8,620,500     (8,948,267

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

    11,005,334                         53,265,648       236,774,497  

Cost of shares redeemed

          (3,421,536           (5,192,465     (29,670,385     (41,113,302

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

    11,005,334       (3,421,536           (5,192,465     23,595,263       195,661,195  

Net Increase (Decrease) in Net Assets

    (25,901,543     (8,551,719     (4,627,690     (5,251,907     (83,638,944     183,432,511  

NET ASSETS:

 

Beginning of period

  $ 135,852,742     $ 144,404,461     $ 32,886,409     $ 38,138,316     $ 373,739,710     $ 190,307,199  

End of period

  $ 109,951,199     $ 135,852,742     $ 28,258,719     $ 32,886,409     $ 290,100,766     $ 373,739,710  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

    2,100,000       2,150,000       1,300,000       1,500,000       10,150,000       5,150,000  

Shares created

    200,000                         1,800,000       6,050,000  

Shares redeemed

          (50,000           (200,000     (1,000,000     (1,050,000

Shares outstanding, end of period

    2,300,000       2,100,000       1,300,000       1,300,000       10,950,000       10,150,000  

 

See Notes to Financial Statements.

 

WisdomTree Trust      85  


Statements of Changes in Net Assets (concluded)

WisdomTree Trust

 

 

 

 

      WisdomTree International SmallCap Dividend
Fund
    

WisdomTree Japan SmallCap

Dividend Fund

 
      For the
Six Months Ended
September 30, 2022
(unaudited)
     For the
Year Ended
March 31, 2022
     For the
Six Months Ended
September 30, 2022
(unaudited)
     For the
Year Ended
March 31, 2022
 

INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS:

 

Net investment income

   $ 35,925,407      $ 44,202,057      $ 1,886,681      $ 5,176,789  

Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions

     (5,173,828      151,859,396        (6,078,192      (457,146

Net decrease in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies

     (331,900,549      (202,257,174      (22,290,209      (29,534,772

Net decrease in net assets resulting from operations

     (301,148,970      (6,195,721      (26,481,720      (24,815,129

DISTRIBUTIONS TO SHAREHOLDERS:

 

Distributable earnings

     (40,867,750      (47,038,894      (3,186,262      (4,540,106

CAPITAL SHARE TRANSACTIONS:

 

Net proceeds from sale of shares

     20,739,521        381,404,109               70,804,885  

Cost of shares redeemed

     (8,875,297      (401,325,182      (35,672,780      (18,441,877

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

     11,864,224        (19,921,073      (35,672,780      52,363,008  

Net Increase (Decrease) in Net Assets

     (330,152,496      (73,155,688      (65,340,762      23,007,773  

NET ASSETS:

 

Beginning of period

   $ 1,330,362,674      $ 1,403,518,362      $ 213,148,353      $ 190,140,580  

End of period

   $ 1,000,210,178      $ 1,330,362,674      $ 147,807,591      $ 213,148,353  

SHARES CREATED AND REDEEMED:

 

Shares outstanding, beginning of period

     19,200,000        19,450,000        3,200,000        2,500,000  

Shares created

     350,000        5,050,000               950,000  

Shares redeemed

     (150,000      (5,300,000      (600,000      (250,000

Shares outstanding, end of period

     19,400,000        19,200,000        2,600,000        3,200,000  

 

 

See Notes to Financial Statements.

 

86   WisdomTree Trust


Financial Highlights

WisdomTree Trust

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

 

 

WisdomTree Europe Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Period Ended
March 31, 2019
    For the
Period Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 31.45     $ 31.24     $ 22.13     $ 25.06     $ 26.24     $ 23.17  

Investment operations:

           

Net investment income1

    0.50       1.08       0.66       0.62       0.61       0.53  

Net realized and unrealized gain (loss)

    (8.00     0.21 2      9.10       (2.93     (1.05     2.94  

Total from investment operations

    (7.50     1.29 2      9.76       (2.31     (0.44     3.47  

Dividends to shareholders:

           

Net investment income

    (0.54     (1.08     (0.65     (0.62     (0.74     (0.40

Net asset value, end of period

  $ 23.41     $ 31.45     $ 31.24     $ 22.13     $ 25.06     $ 26.24  

TOTAL RETURN3

    (23.99 )%      4.02     44.43     (9.46 )%      (1.62 )%      15.03

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 47,992     $ 72,346     $ 46,856     $ 25,450     $ 41,342     $ 72,163  

Ratios to average net assets of:

           

Expenses

    0.58 %4,5      0.59 %5      0.58     0.58     0.58     0.58

Net investment income

    3.60 %4      3.26     2.37     2.42     2.41     2.02

Portfolio turnover rate6

    3     53     61     43     42     18

 

WisdomTree Europe SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    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
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 68.00     $ 69.71     $ 41.06     $ 58.54     $ 69.55     $ 59.16  

Investment operations:

           

Net investment income1

    2.41       2.03       1.31       2.43       2.57       1.88  

Net realized and unrealized gain (loss)

    (22.00     (1.79     28.62       (17.41     (10.87     10.39  

Total from investment operations

    (19.59     0.24       29.93       (14.98     (8.30     12.27  

Dividends to shareholders:

           

Net investment income

    (2.60     (1.95     (1.28     (2.50     (2.71     (1.88

Net asset value, end of period

  $ 45.81     $ 68.00     $ 69.71     $ 41.06     $ 58.54     $ 69.55  

TOTAL RETURN3

    (29.32 )%      0.18     73.76     (26.54 )%      (12.19 )%      20.94

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 174,082     $ 295,806     $ 310,227     $ 320,231     $ 667,402     $ 1,224,082  

Ratios to average net assets7 of:

           

Expenses8

    0.70 %4,5      0.73 %5      0.58     0.58     0.58     0.58

Net investment income

    7.79 %4      2.77     2.39     4.15     4.06     2.76

Portfolio turnover rate6

    8     68     92     50     52     33
1 

Based on average shares outstanding.

 

2 

The amount 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 year.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree Europe SmallCap Dividend Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized for the fiscal period ended September 30, 2022). Without these expenses, the expense ratio would have been 0.58%.

 

6 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

7 

The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

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.

 

WisdomTree Trust      87  


Financial Highlights (continued)

WisdomTree Trust

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

 

 

WisdomTree International AI
Enhanced Value Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    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
    For the
Year Ended
March 31, 20181
 

Net asset value, beginning of period

  $ 40.53     $ 42.46     $ 31.66     $ 41.19     $ 43.18     $ 39.72  

Investment operations:

           

Net investment income2

    0.94       2.14       1.64       1.69       1.74       1.58  

Net realized and unrealized gain (loss)

    (9.59     (1.98     10.78       (9.52     (1.98     3.45  

Total from investment operations

    (8.65     0.16       12.42       (7.83     (0.24     5.03  

Dividends to shareholders:

           

Net investment income

    (1.13     (2.09     (1.62     (1.70     (1.75     (1.57

Net asset value, end of period

  $ 30.75     $ 40.53     $ 42.46     $ 31.66     $ 41.19     $ 43.18  

TOTAL RETURN3

    (21.61 )%      0.30     39.87     (19.77 )%      (0.49 )%      12.84

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 70,716     $ 121,582     $ 144,348     $ 106,061     $ 179,189     $ 198,646  

Ratios to average net assets of:

           

Expenses4

    0.59 %5,12      0.58 %6,7      0.58 %7      0.58 %7      0.58 %7      0.58 %7 

Net investment income

    5.07 %5      5.03 %7      4.34 %7      4.17 %7      4.17 %7      3.73 %7 

Portfolio turnover rate8

    83     99 %9,10      61     45     41     35

 

WisdomTree International Equity
Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    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
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 53.09     $ 52.63     $ 39.65     $ 50.59     $ 54.63     $ 49.57  

Investment operations:

           

Net investment income2

    1.39       1.94       1.47       1.69       1.86       1.70  

Net realized and unrealized gain (loss)

    (12.59     0.50       12.99       (10.88     (3.98     4.98  

Total from investment operations

    (11.20     2.44       14.46       (9.19     (2.12     6.68  

Dividends to shareholders:

           

Net investment income

    (1.45     (1.98     (1.48     (1.75     (1.92     (1.62

Net asset value, end of period

  $ 40.44     $ 53.09     $ 52.63     $ 39.65     $ 50.59     $ 54.63  

TOTAL RETURN3

    (21.32 )%      4.62     36.92     (18.80 )%      (3.89 )%      13.61

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 519,599     $ 634,428     $ 602,625     $ 580,910     $ 837,260     $ 914,993  

Ratios to average net assets of:

           

Expenses4

    0.49 %5,12      0.49 %7,11      0.48 %7      0.48 %7      0.48 %7      0.48 %7 

Net investment income

    5.86 %5      3.58 %7      3.13 %7      3.36 %7      3.59 %7      3.15 %7 

Portfolio turnover rate8

    3     31     47     23     15     19
1 

The information reflects the investment objective and strategy of the WisdomTree International Dividend ex-Financials Fund through January 17, 2022 and the investment objective and strategy of the WisdomTree International 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, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

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 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been unchanged.

 

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 

Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation.

 

9 

The increase in the portfolio turnover rate was primarily a result of the change in investment objective and strategy on January 18, 2022.

 

10 

On January 7, 2022, Voya Investment Management Co., LLC replaced Mellon Investments Corporation as sub-advisor to the Fund.

 

11 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.48%.

 

12 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized). Without these expenses, the expense ratio would have been 0.58% for the WisdomTree International AI Enhanced Value Fund and 0.48% for the WisdomTree International Equity Fund.

 

See Notes to Financial Statements.

 

88   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

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

 

 

WisdomTree International High
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    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
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 39.93     $ 39.29     $ 29.53     $ 40.30     $ 43.25     $ 40.39  

Investment operations:

           

Net investment income1

    1.39       1.90       1.54       1.65       1.78       1.66  

Net realized and unrealized gain (loss)

    (9.62     0.63       9.73       (10.75     (2.89     2.79  

Total from investment operations

    (8.23     2.53       11.27       (9.10     (1.11     4.45  

Dividends to shareholders:

           

Net investment income

    (1.40     (1.89     (1.51     (1.67     (1.84     (1.59

Net asset value, end of period

  $ 30.30     $ 39.93     $ 39.29     $ 29.53     $ 40.30     $ 43.25  

TOTAL RETURN2

    (20.90 )%      6.61     38.88     (23.48 )%      (2.53 )%      11.12

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 178,795     $ 201,634     $ 182,685     $ 174,236     $ 251,852     $ 335,180  

Ratios to average net assets3 of:

           

Expenses4

    0.58 %5      0.59 %6      0.58     0.58     0.58     0.58

Net investment income

    7.78 %5      4.80     4.43     4.18     4.32     3.83

Portfolio turnover rate7

    4     40     57     34     24     26

 

WisdomTree International Large
Cap Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    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
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 48.95     $ 47.34     $ 36.81     $ 46.37     $ 49.48     $ 45.45  

Investment operations:

           

Net investment income1

    1.33       1.79       1.42       1.56       1.81       1.62  

Net realized and unrealized gain (loss)

    (11.36     1.63       10.55       (9.52     (3.09     3.97  

Total from investment operations

    (10.03     3.42       11.97       (7.96     (1.28     5.59  

Dividends to shareholders:

           

Net investment income

    (1.38     (1.81     (1.44     (1.60     (1.83     (1.56

Net asset value, end of period

  $ 37.54     $ 48.95     $ 47.34     $ 36.81     $ 46.37     $ 49.48  

TOTAL RETURN2

    (20.71 )%      7.27     32.91     (17.78 )%      (2.55 )%      12.41

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 360,337     $ 381,807     $ 352,717     $ 327,622     $ 389,510     $ 442,860  

Ratios to average net assets3 of:

           

Expenses4

    0.48 %5      0.49 %8      0.48     0.48     0.48     0.48

Net investment income

    6.09 %5      3.63     3.33     3.38     3.83     3.30

Portfolio turnover rate7

    1     30     38     14     14     16
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 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

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 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.48%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      89  


Financial Highlights (continued)

WisdomTree Trust

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

 

 

WisdomTree International Midcap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    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
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 64.69     $ 67.16     $ 47.06     $ 61.98     $ 68.12     $ 59.88  

Investment operations:

           

Net investment income1

    1.52       2.54       1.51       2.03       2.00       1.84  

Net realized and unrealized gain (loss)

    (16.83     (2.53     20.12       (14.87     (6.17     8.17  

Total from investment operations

    (15.31     0.01       21.63       (12.84     (4.17     10.01  

Dividends to shareholders:

           

Net investment income

    (1.58     (2.48     (1.53     (2.08     (1.97     (1.77

Net asset value, end of period

  $ 47.80     $ 64.69     $ 67.16     $ 47.06     $ 61.98     $ 68.12  

TOTAL RETURN2

    (23.93 )%      (0.13 )%      46.54     (21.43 )%      (6.16 )%      16.87

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 109,951     $ 135,853     $ 144,404     $ 169,413     $ 278,924     $ 286,089  

Ratios to average net assets of:

           

Expenses

    0.58 %3      0.59 %4      0.58     0.58     0.58 %5,6      0.58 %5,6 

Net investment income

    5.27 %3      3.75     2.63     3.30     3.12 %5      2.76 %5 

Portfolio turnover rate7

    4     44     62     33     28     23

 

WisdomTree International Multifactor Fund   For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the Period
August 10, 2018*
through
March 31, 2019
 

Net asset value, beginning of period

  $ 25.30     $ 25.43     $ 20.88     $ 24.72     $ 24.75  

Investment operations:

         

Net investment income1

    0.61       0.79       0.59       0.75       0.55  

Net realized and unrealized gain (loss)

    (3.64     0.00 8      4.53       (3.88     (0.27

Total from investment operations

    (3.03     0.79       5.12       (3.13     0.28  

Dividends to shareholders:

         

Net investment income

    (0.53     (0.92     (0.57     (0.71     (0.31

Net asset value, end of period

  $ 21.74     $ 25.30     $ 25.43     $ 20.88     $ 24.72  

TOTAL RETURN2

    (12.09 )%      3.03     24.70     (13.08 )%      1.18

RATIOS/SUPPLEMENTAL DATA:

         

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

  $ 28,259     $ 32,886     $ 38,138     $ 33,408     $ 19,778  

Ratios to average net assets of:

         

Expenses

    0.38 %3      0.39 %9      0.38     0.38 %5,6      0.38 %3 

Net investment income

    5.04 %3      3.01     2.47     3.04 %5      3.61 %3 

Portfolio turnover rate7

    46     105     123     132     114
* 

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, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

3 

Annualized.

 

4 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

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 $0.005.

 

9 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.38%.

 

See Notes to Financial Statements.

 

90   WisdomTree Trust


Financial Highlights (continued)

WisdomTree Trust

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

 

 

WisdomTree International Quality
Dividend Growth Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    For the
Year Ended
March 31, 2022
    For the
Year Ended
March 31, 2021
    For the
Year Ended
March 31, 2020
    For the
Period Ended
March 31, 2019
    For the
Period Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 36.82     $ 36.95     $ 25.87     $ 28.62     $ 30.50     $ 26.14  

Investment operations:

           

Net investment income1

    0.82       1.22       0.91       0.70       0.58       0.65  

Net realized and unrealized gain (loss)

    (10.29     (0.27 )2      10.98       (2.77     (1.95     4.12  

Total from investment operations

    (9.47     0.95 2      11.89       (2.07     (1.37     4.77  

Dividends to shareholders:

           

Net investment income

    (0.86     (1.08     (0.81     (0.68     (0.51     (0.41

Net asset value, end of period

  $ 26.49     $ 36.82     $ 36.95     $ 25.87     $ 28.62     $ 30.50  

TOTAL RETURN3

    (25.89 )%      2.46     46.22     (7.43 )%      (4.43 )%      18.33

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 290,101     $ 373,740     $ 190,307     $ 68,551     $ 71,541     $ 24,396  

Ratios to average net assets of:

           

Expenses, net of expense waivers

    0.42 %4      0.42     0.41 %5      0.38 %6      0.38 %6      0.38 %6 

Expenses, prior to expense waivers

    0.42 %4      0.42     0.44     0.48     0.48     0.48

Net investment income

    5.20 %4      3.16     2.73     2.38     2.05     2.18

Portfolio turnover rate7

    1     63     66     51     55     39

 

WisdomTree International SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    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
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 69.29     $ 72.16     $ 48.29     $ 65.74     $ 75.80     $ 65.18  

Investment operations:

           

Net investment income1

    1.87       2.27       1.55       2.36       2.19       2.07  

Net realized and unrealized gain (loss)

    (17.46     (2.72     23.97       (17.32     (10.01     10.76  

Total from investment operations

    (15.59     (0.45     25.52       (14.96     (7.82     12.83  

Dividends to shareholders:

           

Net investment income

    (2.14     (2.42     (1.65     (2.49     (2.24     (2.21

Net asset value, end of period

  $ 51.56     $ 69.29     $ 72.16     $ 48.29     $ 65.74     $ 75.80  

TOTAL RETURN3

    (22.76 )%      (0.79 )%      53.46     (23.58 )%      (10.41 )%      19.91

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 1,000,210     $ 1,330,363     $ 1,403,518     $ 1,161,439     $ 1,673,095     $ 1,940,467  

Ratios to average net assets8 of:

           

Expenses9

    0.60 %4,11      0.61 %10      0.58     0.58     0.58     0.58

Net investment income

    6.04 %4      3.08     2.54     3.63     3.15     2.83

Portfolio turnover rate7

    5     55     74     50     35     28
1 

Based on average shares outstanding.

 

2 

The amount 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 year.

 

3 

Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3).

 

4 

Annualized.

 

5 

The investment advisor had contractually agreed to limit the advisory fee to 0.38% through July 31, 2020. On July 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.42%.

 

6 

Effective April 7, 2016, the investment advisor contractually agreed to limit the advisory fee to 0.38% through July 31, 2020, unless earlier terminated by the Board of Trustees of the Trust.

 

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 ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests.

 

9 

The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged.

 

10 

Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.58%.

 

11 

Included in the expense ratio are “Other fees” described in Note 6 (which are not annualized). Without these expenses, the expense ratio would have been 0.58%.

 

See Notes to Financial Statements.

 

WisdomTree Trust      91  


Financial Highlights (concluded)

WisdomTree Trust

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

 

 

WisdomTree Japan SmallCap
Dividend Fund
  For the
Six Months Ended
September 30, 2022
(unaudited)
    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
    For the
Year Ended
March 31, 2018
 

Net asset value, beginning of period

  $ 66.61     $ 76.06     $ 58.64     $ 68.10     $ 80.93     $ 66.48  

Investment operations:

           

Net investment income1

    0.61       1.71       1.17       1.14       1.00       1.47  

Net realized and unrealized gain (loss)

    (9.37     (9.68     18.13       (8.95     (12.61     14.27  

Total from investment operations

    (8.76     (7.97     19.30       (7.81     (11.61     15.74  

Dividends to shareholders:

           

Net investment income

    (1.00     (1.48     (1.88     (1.65     (1.22     (1.29

Net asset value, end of period

  $ 56.85     $ 66.61     $ 76.06     $ 58.64     $ 68.10     $ 80.93  

TOTAL RETURN2

    (13.21 )%      (10.62 )%      33.27     (11.85 )%      (14.38 )%      23.84

RATIOS/SUPPLEMENTAL DATA:

           

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

  $ 147,808     $ 213,148     $ 190,141     $ 237,503     $ 616,294     $ 1,100,591  

Ratios to average net assets3 of:

           

Expenses4

    0.58 %5      0.58     0.58     0.58     0.58     0.58

Net investment income

    2.00 %5      2.34     1.73     1.67     1.35     1.94

Portfolio turnover rate6

    2     36     43     38     42     18
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.

 

92   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 Europe Quality Dividend Growth Fund (“Europe Quality Dividend Growth Fund’’)

     May 7, 2014  

WisdomTree Europe SmallCap Dividend Fund (“Europe SmallCap Dividend Fund’’)

     June 16, 2006  

WisdomTree International AI Enhanced Value Fund (“International AI Enhanced Value Fund’’)

     June 16, 2006  

WisdomTree International Equity Fund (“International Equity Fund’’)

     June 16, 2006  

WisdomTree International High Dividend Fund (“International High Dividend Fund’’)

     June 16, 2006  

WisdomTree International LargeCap Dividend Fund (“International LargeCap Dividend Fund’’)

     June 16, 2006  

WisdomTree International MidCap Dividend Fund (“International MidCap Dividend Fund’’)

     June 16, 2006  

WisdomTree International Multifactor Fund (“International Multifactor Fund’’)

     August 10, 2018  

WisdomTree International Quality Dividend Growth Fund (“International Quality Dividend Growth Fund’’)

     April 7, 2016  

WisdomTree International SmallCap Dividend Fund (“International SmallCap Dividend Fund’’)

     June 16, 2006  

WisdomTree Japan SmallCap Dividend Fund (“Japan SmallCap Dividend Fund’’)

     June 16, 2006  

Each Fund, except for the International AI Enhanced Value Fund and International Multifactor 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 International AI Enhanced Value Fund is actively managed using a model-based approach seeking income and capital appreciation. The International Multifactor 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 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

 

WisdomTree Trust      93  


Notes to Financial Statements (unaudited) (continued)

 

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. Foreign currency contracts that settle within two business days after the trade date (‘‘Spot Contracts’’) and foreign currency contracts having a settlement period greater than two business days after the trade date (‘‘Forward Contracts’’) are valued daily using WM/Reuters closing spot and forward rates, respectively, as of 4:00 p.m. London time. Futures contracts generally are valued at the settlement price, the price at which a futures contract settles once a given trading day has ended, on the primary exchange on which they trade.

In certain instances, such as when reliable market valuations are not readily available, a Fund’s investments, which include derivatives, will be fair valued in accordance with the Fund’s pricing policy. The Board of Trustees has established a pricing committee (the “Pricing Committee”) which is comprised of senior representatives of WTAM and which reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from 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 Pricing Committee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events.” An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.

Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Pricing Committee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates,

prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including each Fund’s assumptions in determining the fair value of investments)

The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.

Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).

The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:

Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt

 

94   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued on the basis of broker-dealer quotations or prices obtained from independent pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative instruments can be estimated by an independent pricing service provider using a series of techniques including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as issuer details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.

Determination of a fair value by the Pricing Committee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Pricing Committee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Pricing Committee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.

The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date is included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.

During the six months ended September 30, 2022, there were no significant transfers into or out of Level 3 of the fair value hierarchy.

Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts as well as gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically foreign currency contracts during the fiscal period ended September 30, 2022 and open positions in such derivatives as of September 30, 2022 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Credit risk is where the financial condition of an issuer of a security or instrument may cause it to default or become unable to pay interest or principal due on the security or where the counterparty to a derivative contract might default on its obligations. The maximum exposure to derivatives agreements with credit risk would be the total value of derivatives in net liability positions for each Fund, as disclosed in the table included in Note 2—Master Netting Arrangements. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of September 30, 2022, if any, is reflected as a footnote within each Fund’s Schedule of Investments.

As of September 30, 2022, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:

 

     
     Asset Derivatives      Liability Derivatives  
Fund    Balance Sheet Location    Value      Balance Sheet Location    Value  

Europe Quality Dividend Growth Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
   $ 6      Unrealized depreciation on
foreign currency contracts
   $ 3  

International High Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     449  

International Large Cap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
          Unrealized depreciation on
foreign currency contracts
     2  

International Multifactor Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     405,257      Unrealized depreciation on
foreign currency contracts
     367  

International SmallCap Dividend Fund

           

Foreign currency risk

   Unrealized appreciation on
foreign currency contracts
     93      Unrealized depreciation on
foreign currency contracts
     1,938  

 

WisdomTree Trust      95  


Notes to Financial Statements (unaudited) (continued)

 

For the six months ended September 30, 2022, the effects of derivative instruments on each applicable Fund’s financial performance as reflected in the Statements of Operations are presented in the summary below:

 

     
Fund    Amount of Realized Gain
or (Loss) on Derivatives
Recognized1
     Change in Unrealized
Appreciation or
(Depreciation) on
Derivatives Recognized2
 

Europe Quality Dividend Growth Fund

     

Foreign currency risk

   $ (4,456    $ 3  

Europe SmallCap Dividend Fund

     

Foreign currency risk

     (52,587      1,855  

International AI Enhanced Value Fund

     

Foreign currency risk

     49,777        650  

International Equity Fund

     

Foreign currency risk

     (82,266      (10

International High Dividend Fund

     

Foreign currency risk

     (7,182      (324

International Large Cap Dividend Fund

     

Foreign currency risk

     (45,775      (2

International Midcap Dividend Fund

     

Foreign currency risk

     (12,668       

International Multifactor Fund

     

Foreign currency risk

     2,286,777        340,711  

International Quality Dividend Growth Fund

     

Foreign currency risk

     (58,399       

International SmallCap Dividend Fund

     

Foreign currency risk

     (54,367      (3,554

Japan SmallCap Dividend Fund

     

Foreign currency risk

     2,432        704  

 

  1 

Realized gains (losses) on derivatives are located on the Statements of Operations as follows:

 

Foreign currency risk

   Net realized gain (loss) from foreign currency contracts

 

  2 

Change in unrealized appreciation (depreciation) is located on the Statements of Operations as follows:

 

Foreign currency risk

   Net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts

During the six months ended September 30, 2022, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
 

Europe Quality Dividend Growth Fund

     

Foreign currency risk

   $      $ 12,481  

Europe SmallCap Dividend Fund

     

Foreign currency risk1

     109,310        479,238  

International AI Enhanced Value Fund

     

Foreign currency risk1

     240,681        314,393  

International Equity Fund

     

Foreign currency risk1

     220,714         

International High Dividend Fund

     

Foreign currency risk

     109,158        43,888  

International Large Cap Dividend Fund

     

Foreign currency risk

     32,382        15,330  

International Midcap Dividend Fund

     

Foreign currency risk1

     24,730        14,937  

International Multifactor Fund

     

Foreign currency risk

     4,822,940        22,858,957  

 

96   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

   
     Average Notional  
Fund    Foreign currency
contracts
(to deliver
USD)
     Foreign currency
contracts
(to receive
USD)
 

International Quality Dividend Growth Fund

     

Foreign currency risk1

     28,055        76,875  

International SmallCap Dividend Fund

     

Foreign currency risk

     17,808        1,176,599  

Japan SmallCap Dividend Fund

     

Foreign currency risk1

            35,793  
  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 or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized on the ex-dividend date or as soon as practicable (with respect to foreign dividends) after the existence of a dividend declaration has been determined, at the fair value of securities to be received. 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.

Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of “net realized gain (loss) from investment transactions” and “net increase (decrease) in unrealized appreciation/depreciation from investment transactions”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses from foreign currency contracts are included in “net realized gain (loss) from foreign currency contracts” and “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses arising from sales of foreign currencies, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in “net realized gain (loss) from foreign currency related transactions” and/or “net increase (decrease) in unrealized appreciation/depreciation from translation of assets and liabilities denominated in foreign currencies” in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.

Expenses — Under the investment advisory agreement for each Fund, 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;

 

WisdomTree Trust      97  


Notes to Financial Statements (unaudited) (continued)

 

(viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.

Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.

Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.

Foreign Currency Contracts — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds, other than the International Multifactor Fund, do not expect to engage in currency transactions for the purpose of hedging against currency exposures of the Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes. During the period ended September 30, 2022, the Funds, except for the International Multifactor Fund, utilized foreign currency contracts primarily to facilitate foreign security settlements. The International Multifactor Fund utilized foreign currency contracts primarily to offset applicable international currency exposure from certain positions in international equities. A foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.

Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.

Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss) from foreign currency contracts on the Statements of Operations.

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 income earned on the securities loaned is accounted for in the same manner as other dividend 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

 

98   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.

In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, a Fund enters into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) with its counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives (“OTC”), such as foreign currency contracts, and typically contains, among other things, collateral posting terms, netting and rights of set-off provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and receivables to create a single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out netting) or similar event, including the bankruptcy or insolvency of the counterparty.

Collateral requirements generally differ by type of derivative. Collateral terms are contract-specific for OTC derivatives (e.g., foreign currency contracts, options and certain swaps). To the extent amounts due to a Fund from its derivatives counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from a counterparty’s non-performance.

The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.

For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of September 30, 2022, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
         

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
       
Fund   Financial
Instruments
    Collateral
Received
    Net Amount     Financial
Instruments
    Collateral
Posted
    Net Amount  

Europe Quality Dividend Growth Fund

               

Securities Lending

  $ 2,562,655     $     $ (2,562,655 )1    $     $     $     $     $  

Foreign Currency Contracts

    6                   6       3                   3  

Europe SmallCap Dividend Fund

               

Securities Lending

    17,629,333             (17,629,333 )1                               

International AI Enhanced Value Fund

               

Securities Lending

    5,140,305             (5,140,305 )1                               

International Equity Fund

               

Securities Lending

    37,646,446             (37,646,446 )1                               

International High Dividend Fund

               

Securities Lending

    15,973,125             (15,973,125 )1                               

Foreign Currency Contracts

                            449                   449  

International Large Cap Dividend Fund

               

Securities Lending

    18,415,945             (18,415,945 )1                               

Foreign Currency Contracts

                            2                   2  

International Midcap Dividend Fund

               

Securities Lending

    14,218,992             (14,218,992 )1                               

International Multifactor Fund

               

Securities Lending

    2,591,281             (2,591,281 )1                               

Foreign Currency Contracts

    405,257       (367           404,890       367       (367            

 

WisdomTree Trust      99  


Notes to Financial Statements (unaudited) (continued)

 

     
    Assets     Liabilities  
   

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
         

Gross Amounts
in the
Statements of

Assets and
Liabilities

    Gross Amounts Not Offset
in the Statements of
Assets and Liabilities
       
Fund   Financial
Instruments
    Collateral
Received
    Net Amount     Financial
Instruments
    Collateral
Posted
    Net Amount  

International Quality Dividend Growth Fund

               

Securities Lending

    15,795,748             (15,795,748 )1                               

International SmallCap Dividend Fund

               

Securities Lending

    127,985,825             (127,985,825 )1                               

Foreign Currency Contracts

    93                   93       1,938                   1,938  

Japan SmallCap Dividend Fund

               

Securities Lending

    29,223,185             (29,223,185 )1                               
  1 

The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero.

Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.

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 the International AI Enhanced Value Fund. Prior to January 7, 2022, sub-advisory services for the International AI Enhanced Value Fund were provided by Mellon and thereafter by Voya IM. Mellon and Voya IM are compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.

Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.

 

100   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

 

Europe Quality Dividend Growth Fund

     0.58

Europe SmallCap Dividend Fund

     0.58

International AI Enhanced Value Fund

     0.58

International Equity Fund

     0.48

International High Dividend Fund

     0.58

International Large Cap Dividend Fund

     0.48

International Midcap Dividend Fund

     0.58

International Multifactor Fund

     0.38

International Quality Dividend Growth Fund

     0.42

International SmallCap Dividend Fund

     0.58

Japan SmallCap Dividend Fund

     0.58

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, 2022, as applicable, are included in an ‘‘Investment in Affiliates’’ supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of the advisory fees, that it would otherwise charge, in an amount equal to the indirect AFFEs (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) attributable to each Fund’s investment in affiliated ETFs. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.

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, 2022, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:

 

       
     At September 30, 2022            For the fiscal period ended
September 30, 2022
 
Fund    Fund Shares
held by WT
     Market Value
of Fund Shares
held by WT
            Dividends and
Distributions paid to
WT on Fund Shares
held by WT
 

Europe Quality Dividend Growth Fund

          $              $ 41  

International Equity Fund

     88        3,533                120  

International Multifactor Fund

     387        8,398                211  

International Quality Dividend Growth Fund

     357        9,393                283  

International SmallCap Dividend Fund

     538        27,675                1,033  

4. CAPITAL SHARE TRANSACTIONS

As of September 30, 2022, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof. Except when aggregated in creation units, shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities and/or an amount of cash. Investors purchasing and redeeming creation units may be charged a purchase transaction fee and a redemption transaction fee to offset transfer and other transaction costs associated with the issuance and redemption of creation units.

5. INVESTMENT PORTFOLIO TRANSACTIONS

Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding short-term investments) for the six months ended September 30, 2022 are shown in the following table. Realized gains and losses on

 

WisdomTree Trust      101  


Notes to Financial Statements (unaudited) (continued)

 

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  

Europe Quality Dividend Growth Fund

   $ 2,448,895      $ 2,216,786      $ 4,602,974      $ 10,131,322  

Europe SmallCap Dividend Fund

     18,529,313        19,006,709               30,627,284  

International AI Enhanced Value Fund

     79,490,709        79,594,202               25,613,905  

International Equity Fund

     20,280,107        16,727,357        39,903,296         

International High Dividend Fund

     12,213,770        8,118,215        26,016,257         

International LargeCap Dividend Fund

     12,878,446        4,647,616        62,118,442         

International MidCap Dividend Fund

     6,079,573        5,366,532        10,204,448         

International Multifactor Fund

     16,564,483        14,147,407                

International Quality Dividend Growth Fund

     12,729,401        4,335,399        45,650,485        28,809,330  

International SmallCap Dividend Fund

     60,804,770        59,444,696        19,887,208        8,672,055  

Japan SmallCap Dividend Fund

     3,469,429        3,684,966               35,911,348  

6. FEDERAL INCOME TAXES

At September 30, 2022, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:

 

         
    Investments in Long Securities           Investments in Financial Derivatives1        
Fund   Tax Cost     Gross
Unrealized
Appreciation
   

Gross

Unrealized
Depreciation

    Net Unrealized
Appreciation/
(Depreciation)
           Gross
Unrealized
Appreciation
    Gross
Unrealized
Depreciation
   

Net
Unrealized
Appreciation/

(Depreciation)

   

Total Net
Unrealized
Appreciation/

(Depreciation)

 

Europe Quality Dividend Growth Fund

  $ 65,029,116     $ 698,661     $ (15,722,312   $ (15,023,651           $     $     $     $ (15,023,651

Europe SmallCap Dividend Fund

    273,199,355       7,326,914       (97,002,848     (89,675,934                               (89,675,934

International AI Enhanced Value Fund

    99,772,420       55,162       (24,705,584     (24,650,422                               (24,650,422

International Equity Fund

    590,145,960       40,042,029       (91,958,474     (51,916,445                               (51,916,445

International High Dividend Fund

    225,450,652       3,062,577       (39,074,707     (36,012,130                               (36,012,130

International LargeCap Dividend Fund

    396,094,661       23,669,633       (48,887,978     (25,218,345                   (2     (2     (25,218,347

International MidCap Dividend Fund

    149,086,824       3,284,702       (35,690,967     (32,406,265                               (32,406,265

International Multifactor Fund

    33,233,943       654,025       (4,236,955     (3,582,930             14,093       (2     14,091       (3,568,839

International Quality Dividend Growth Fund

    406,372,945       1,619,497       (105,063,647     (103,444,150                               (103,444,150

International SmallCap Dividend Fund

    1,382,660,895       46,341,367       (375,497,350     (329,155,983             93       (1,938     (1,845     (329,157,828

Japan SmallCap Dividend Fund

    226,992,744       2,142,198       (67,061,606     (64,919,408                               (64,919,408
  1 

Certain financial derivatives may be considered section 1256 contracts under the Code. Each section 1256 contract held at the close of a taxable year shall be treated as sold for its fair market value on the last business day of such taxable year (and any realized gain and loss shall be taken into account for the taxable year). As such, the unrealized appreciation/(depreciation) for financial derivatives on a tax basis may not correspond to the unrealized appreciation/(depreciation) on a GAAP basis. The unrealized appreciation/(depreciation) for financial derivatives on a GAAP basis is located in the respective financial derivatives tables in each Fund’s Schedule of Investments.

GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Foreign withholding taxes, as applicable, are accrued based on each Fund’s understanding of the tax rules and rates that exist in the foreign markets in which it invests. Foreign withholding taxes are accrued and applied to foreign income, net realized capital gains and net unrealized appreciation, as applicable, as the foreign income is earned or capital gains and unrealized appreciation are recorded. The dollar amount of applicable foreign withholding taxes on foreign income is included net in the Statements of Operations in “Less: Foreign withholding taxes,” the foreign capital gains tax applicable on the disposal of securities is included in the Statements of Operations in “Net realized gain (loss) from investment

 

102   WisdomTree Trust


Notes to Financial Statements (unaudited) (continued)

 

transactions” and the dollar amount of deferred foreign capital gains tax applicable on the unrealized appreciation on securities held is included in the Statements of Operations in “Net increase (decrease) in unrealized appreciation/depreciation from investment transactions”. The Funds record a foreign tax reclaim receivable on the ex-dividend date if the tax reclaim is “more likely than not” to be sustained assuming examination by tax authorities. This determination is based on, among other things, a jurisdiction’s legal obligation to pay reclaims as well as payment history and market convention. Foreign tax reclaims that have been recorded but not yet received are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.

As a result of several European Court of Justice (“ECJ”) court cases in certain countries across the European Union (“EU”), certain Funds have filed additional tax reclaims for previously withheld taxes on dividends earned in those countries (“ECJ tax reclaims”). These additional filings are subject to various administrative proceedings by the local jurisdictions’ tax authorities within the EU, as well as a number of related judicial proceedings. Income recognized, if any, for ECJ tax reclaims is reflected as “Other income” in the Statements of Operations and the cost to file these additional ECJ tax reclaims is reflected as “Other fees” in the Statements of Operations. When the ECJ tax reclaim is not “more likely than not” to be sustained assuming examination by tax authorities due to the uncertainty that exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these ECJ tax reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. At September 30, 2022, the Europe SmallCap Dividend Fund and the International SmallCap Dividend Fund recognized ECJ tax reclaim receivables of $1,041,898 and $552,261, respectively, in the Statements of Assets and Liabilities in “Other receivables” that were “more likely than not” to be sustained by tax authorities and the estimated cost of $1,126,152 and $165,678, respectively, to file for these reclaims is reflected in “Other liabilities” on the Statements of Assets and Liabilities. For U.S. income tax purposes, ECJ tax reclaims received by the Funds, if any, reduce the amounts of foreign taxes Fund shareholders can use as tax credits in their individual income tax returns. In the event that ECJ tax reclaims received by a Fund during the fiscal year exceed foreign withholding taxes paid, and a Fund previously passed foreign tax credits on to its shareholders, a Fund must either amend historic tax reporting to shareholders or enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the respective Fund’s shareholders. During the fiscal period ended September 30, 2022, the ECJ tax reclaims recognized by the Funds, except for the Europe SmallCap Dividend Fund, did not exceed the foreign withholding taxes of the respective Funds. During the fiscal period ended September 30, 2022, the Europe SmallCap Dividend Fund recognized ECJ tax reclaims in excess of its foreign withholding taxes during the fiscal period. The Europe SmallCap Dividend Fund expects to enter into a closing agreement with the Internal Revenue Service and has recognized estimated closing agreement fees of $335,270 which are shown on the Statements of Operations in “Investment Income: Less IRS closing agreement fee”.

7. RECENT REGULATORY UPDATEÐ

Effective August 19, 2022, the Funds have adopted policies and procedures reasonably designed to comply with new regulations issued by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework used by the Funds prior to August 19, 2022 to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. Rule 18f-4 has not had a material impact on the Funds’ financial statements.

The fair valuation Rule 2a-5 went into effect on September 8, 2022. The Rule sets forth requirements for determining the fair value of portfolio securities and establishes a framework focused on process, testing and oversight. The Rule allows fund boards to designate a valuation designee responsible for performing fair value determinations in good faith. WTAM has been designated as the Valuation Designee for the Funds and is responsible for assessing material risks, establishing fair value methodologies, testing the appropriateness and accuracy of the methodologies and overseeing third-party pricing vendors. Under the new fair valuation policies, WTAM is responsible for regular quarterly reporting of any material fair valuation matter, annual reporting on the adequacy of the Valuation Designee’s processes, and the prompt notification to the board of any material impact of the fair value process on portfolio investments.

8. RECENT ACCOUNTING PRONOUNCEMENT

In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”), Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sales Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on a sale of an equity security is not considered a part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction (s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM is currently evaluating the impact that the adoption of ASU 2202-03 will have on the Trust’s financial statements and related disclosures.

 

WisdomTree Trust      103  


Notes to Financial Statements (unaudited) (continued)

 

9. SUBSEQUENT EVENT

Effective November 7, 2022, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, transferred the listing of its common stock to the New York Stock Exchange (“NYSE”) from The Nasdaq Global Select Market (“Nasdaq”). WisdomTree began trading on the NYSE under the new ticker symbol “WT” along with its new company name, WisdomTree, Inc.

10. ADDITIONAL INFORMATION

The respiratory disease caused by a novel coronavirus (“COVID-19”) has spread globally since 2019, resulting in a global pandemic and major disruption to global markets and economies. In an organized attempt to contain and mitigate the effects of COVID-19, governments and businesses world-wide took aggressive measures, including businesses canceling dividends to preserve cash, governments closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations. COVID-19 has resulted in the disruption of and delays in the delivery of healthcare services and processes, the cancellation of organized events and educational institutions, the disruption of production and supply chains, a decline in consumer demand for certain goods and services, and general concern and uncertainty, all of which have contributed to increased volatility in global markets. In recent months, however, the rapid COVID-19 vaccination rollout in the United States and certain other developed countries, coupled with the passage of stimulus programs in the U.S. and abroad, have resulted in a reversal of many of these trends including the re-opening of businesses, a reduction in quarantine requirements, increased consumer demand, and the resumption of certain in-person schooling, travel and events. Despite these positive trends, the prevalence of new COVID-19 variants, a failure to achieve herd immunity, or other unforeseen circumstances may result in the continued spread of the virus throughout unvaccinated populations or a resurgence in infections among vaccinated populations. As a result, it remains unclear if recent positive trends will continue in developed markets and whether such trends will spread world-wide to countries with limited access to vaccines that are still experiencing rising COVID-19 cases, hospitalizations and deaths.

The effects of COVID-19 have affected and are likely to continue to affect certain sectors and industries more dramatically than others, and the effects borne by some will negatively affect the value of the issuers in those sectors and industries, which may adversely affect the value of a Fund’s investments in those sectors or industries. It is also true that the speed at which global economies recover, or fail to recover, from the COVID-19 pandemic will affect certain sectors, industries, and issuers more dramatically than others, which in turn may adversely affect certain Fund investments.

COVID-19, and other epidemics and pandemics that may arise in the future, could adversely affect the economies of many nations, the global economy, individual companies and capital markets in ways that cannot be foreseen at the present time. In addition, the impact of infectious diseases in developing or emerging market countries may be greater due to limited health care resources, including access to COVID-19 vaccinations and treatments. Political, economic and social stresses caused by COVID-19 also may exacerbate other pre-existing political, social and economic risks in certain countries. The duration of COVID-19 and its effects cannot be determined fully at this time, but the effects could be present for an extended period of time. It is impossible to predict the effects on the Funds of these or similar events and market conditions in the future. However, it is possible that these or similar events and market conditions could have a significant and adverse effect on the NAV and/or risk profile of a Fund.

* * * * *

Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, and the United Kingdom made a commitment to phase out oil import from Russia by the end of 2022.

These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts or changes in consumer or purchaser preferences or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities and securities of issuers in other countries that are subject to economic sanctions related to the invasion or otherwise adversely affected by the sanctions. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or

 

104   WisdomTree Trust


Notes to Financial Statements (unaudited) (concluded)

 

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.

 

WisdomTree Trust      105  


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 19-20, 2022 (the “Meeting”), the Trustees, including those Trustees who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of the Trust (the “Independent Trustees”), considered the renewal of (i) the Investment Advisory Agreements between WisdomTree Asset Management, Inc. (“WTAM”) and the Trust, on behalf of its applicable series (each, a “Fund,” and, collectively, the “Funds”), pursuant to which WTAM provides the Funds with investment advisory services (the “Advisory Agreements”), (ii) the Sub-Advisory Agreement (the “Mellon Sub-Advisory Agreement”), pursuant to which Mellon Investments Corporation (“Mellon”) coordinates the investment and reinvestment of the assets of the applicable Funds, and (iii) the Sub-Advisory Agreement (together with the Mellon Sub-Advisory Agreement, the “Sub-Advisory Agreements,” and, collectively with the Advisory Agreements and the Mellon Sub-Advisory Agreement, the “Agreements”), pursuant to which Voya Investment Management Co. LLC (“Voya,” and, together with Mellon, the “Sub-Advisers”) coordinates the investment and reinvestment of the assets of the applicable Funds.

The Trustees requested, and WTAM provided, such information as the Trustees, with advice from counsel to the Trust and independent legal counsel, deemed reasonably necessary to evaluate the Agreements. At a meeting of a committee of Independent Trustees (the “Contracts Review Committee”) held on August 11, 2022, representatives from WTAM presented detailed information to the Trustees relating to the continuance of the Agreements, and the Trustees, including the Independent Trustees, reviewed and discussed such information. Further information was presented at the Board’s request at the Meeting.

The Independent Trustees were assisted in their review by independent legal counsel and met with counsel in executive session separate from WTAM representatives and the Sub-Advisers. In considering the approval and renewal of the Agreements, the Board considered all factors that it believed to be relevant, including those discussed below. The Board did not identify any one factor as dispositive, and each Trustee may have attributed different weights to the factors considered. Each Fund was considered separately.

Analysis of Nature, Extent, and Quality of Services Provided to the Funds. The Board considered information provided to them at the Meeting and in previous presentations throughout the year from WTAM representatives regarding the nature, extent, and quality of the services provided to the Funds, recognizing WTAM’s and the Sub-Advisers’ operational capabilities and resources. The Board also discussed the role of WisdomTree Investments, Inc. (“WTI”), the parent of WTAM, as index provider to certain Funds, which comprise the substantial majority of assets in the WisdomTree fund complex. The Board noted that the strategies represented by those Funds tracking affiliated WTI indexes are unique, based on WTI’s intellectual property and are only available for use by applicable Funds through WTAM. The Board noted WTAM’s belief that shareholders have invested in such Funds on the strength of WTI’s intellectual property and WTAM’s industry standing and reputation and with the expectation that WTAM will have a continuing role in providing advisory services to the Funds based on the WTI indexes. The Board also noted the extensive responsibilities that WTAM has as investment adviser to the Funds, including: the selection of, and supervisory responsibilities and activities over, the Sub-Advisers, including oversight of the Sub-Advisers’ adherence to each Fund’s investment strategy and restrictions, monitoring of the Sub-Advisers’ buying and selling of securities and derivatives transactions, review of Sub-Adviser performance, review of proxies voted by the Sub-Advisers and oversight of, and the provision of consultation to, the Sub-Advisers with respect to the creation of custom creation or redemption baskets for authorized participants; oversight of the daily valuation of the Funds’ portfolio holdings; oversight of general Fund compliance with federal and state laws; and implementation of Board directives as they relate to the Funds. The Board also considered research support available to, and management capabilities of, the Funds’ management personnel and that WTAM provides oversight of day-to-day Fund operations, including fund accounting, tax matters, administration and legal assistance in meeting disclosure and regulatory requirements. Based on management’s representations, the Board expected that there would be no reduction in the scope of services required by or provided by WTAM and the Sub-Advisers under the relevant Agreements. The Board noted that WTAM has continued to commit significant resources toward the fund complex and has made substantial investments to improve the services offered by WTAM, which benefit Fund shareholders.

Based on review of this information and the other factors considered at the Meeting, the Board concluded that the nature, extent and quality of services provided by WTAM and the Sub-Advisers under the Advisory Agreements and Sub-Advisory Agreements, respectively, are adequate and appropriate and supported the Board’s approval of the approval and renewal of the Agreements.

Comparative Analysis of the Funds’ Performance and Management Fee and Expense Ratio. The Board reviewed reports prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, which included information (1) measuring each index Fund’s performance by how well it tracked the relevant benchmark index, (2) comparing, with respect to the actively-managed Funds, each Fund’s performance with the performance of a group of comparable funds (the “Performance Group”) for various periods ended May 31, 2022, and (3) comparing each Fund’s actual management fees and total expenses with those of a group of comparable funds (the “Expense Group”) and, with respect to total expenses, with a broader group of funds (the “Expense Universe”), the information for which was derived in part from fund financial statements available to Broadridge as of the date of its analysis. The Contracts Review Committee and the Independent Trustees previously had reviewed and discussed the methodology Broadridge used to select the Performance Groups, Expense Groups and Expense Universes. The

 

106   WisdomTree Trust


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

 

Board noted that the Performance Groups, Expense Groups and Expense Universes included only pure-index and index-based exchange traded funds (“ETFs”) as comparison funds, except that the Performance Groups, Expense Groups and Expense Universes for the actively-managed Funds included only actively-managed ETFs as comparison funds. The Board also noted that due to the special characteristics of certain Funds, there are limitations in providing comparable funds in the Performance Groups, Expense Groups and Expense Universes, and the information in the Broadridge reports may or may not provide meaningful direct comparisons to the Funds.

The Board discussed the index Funds’ performance, noting that the substantial majority of index Funds seek to track their own WisdomTree benchmark index. During the prior year, the Board received periodic reports on the Funds’ performance in comparison to their relevant benchmark indexes. The Board also discussed the performance of the actively-managed Funds and noted that total return performance of the Funds was variously above, at and below the relevant Performance Group medians for the time periods measured. In response to questions from the Independent Trustees, WTAM representatives discussed the relative performance of the Funds and the factors affecting such performance. On that basis, the Board determined to continue to monitor carefully disparities in performance—both positive and negative—but did not believe that the disparities in the past reflected any characteristics requiring immediate action by WTAM or a Sub-Adviser.

The Board also reviewed the range of actual management fees and total expenses of the Expense Group funds and, with respect to total expenses, Expense Universe funds, and discussed the results of the comparisons. With respect to comparisons of actual management fees, the Board noted the Funds’ unitary fee structure and that the Expense Groups and Expense Universes generally included both ETFs with and without a unitary fee structure. The Board also noted that certain comparison funds in certain Expense Groups and Expense Universes benefited from waivers of all or a portion of their management fees and reimbursement of certain operating expenses. The Board noted that the total expenses of many of the Funds were within five basis points of the median or average total expenses of the funds in the Funds’ respective Expense Groups. In those specific instances where a Fund’s total expenses departed more significantly from comparative funds, the Independent Trustees sought explanations from WTAM, which generally attributed the disparities to the limitations within peer data and/or the unique attributes of a Fund.

The Board considered the fees to the Sub-Advisers in relation to the fees paid to WTAM by the Funds and the respective services provided by the Sub-Advisers and WTAM. The Board also noted that the Sub-Advisers’ fees are paid by WTAM (out of its fee paid by the relevant Funds) and not the Funds. The Board considered the meaningful differences in the services that WTAM provides to the Funds as compared to the Sub-Advisers, including that the role of a Sub-Adviser in making investment recommendations with respect to a Fund tracking an index is a rules-based function, with oversight by WTAM in seeking to ensure compliance with such rules. The Board also considered the role of a Sub-Adviser in making investment recommendations with respect to a Fund that is model-based, with oversight by WTAM in seeking to ensure consistency with such quantitative models. The Board also considered the entrepreneurial and expense risk borne by WTAM that is associated with Funds’ unitary fee structure, which frequently includes minimum fees (such as those to a Sub-Adviser), regardless of whether the asset size of a Fund has grown to a sufficient size.

Based on this review and the other factors considered at the Meeting, the Board concluded that, with respect to each Fund, the Fund’s performance, the fees paid to WTAM and the relevant Sub-Adviser and the Fund’s total expenses supported the Board’s approval and renewal of the relevant Agreements.

Analysis of Profitability and Economies of Scale. WTAM representatives reviewed the expenses allocated and profit received by WTAM and the resulting profitability percentage for managing each Fund and the aggregate profitability percentage to WTAM for managing the WisdomTree fund complex, and the method used to determine the expenses and profit.

The Board considered the profitability analysis (1) as part of its evaluation of whether the fees under the Agreements bear a reasonable relationship to the mix of services provided by WTAM and the Sub-Advisers, including the nature, extent and quality of such services, and (2) in light of the relevant circumstances for each Fund and the extent to which economies of scale would be realized if the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund shareholders. WTAM representatives noted that a discussion of economies of scale is predicated on a Fund having achieved a substantial size and that, if a Fund’s assets had been decreasing, the possibility that WTAM may have realized material economies of scale would be less. WTAM representatives also noted that, as a result of shared and allocated costs among the WisdomTree funds, the extent of economies of scale could depend substantially on the level of assets in the fund complex as a whole and the relative size and asset size changes among the Funds. The Board noted that, in the past, certain Funds had grown rapidly over a relatively short period of time after longer periods of slow or no growth, during which there were years of losses for WTAM in managing such Funds that had only recently turned profitable and years of substantial cumulative losses to WTAM in managing the fund complex as a whole. WTAM representatives stated that there has been significant volatility in the assets of individual Funds and in the fund complex as a whole over time (including volatility in profitability) and that it was not clear that current asset levels will be maintained. WTAM representatives noted that assets in certain Funds have diminished at times at a rapid rate (including during the last year) and could continue to do so. WTAM representatives also noted that economies of scale currently are shared with the Funds by way of the unitary fee structure of the Trust, as well as through additional investment in the WisdomTree business. The Board noted that the

 

WisdomTree Trust      107  


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

 

Contracts Review Committee had focused on the issue of economies of scale during its meetings. The Board also noted that it would continue to monitor the sharing of economies of scale, focusing in particular on Funds that have experienced significant asset growth, to determine the appropriateness of adding breakpoints in the future. The Board also considered potential benefits to WTAM and the Sub-Advisers from acting as investment adviser and sub-advisers, respectively, and noted that there were no soft dollar arrangements in effect for trading the Funds’ investments. Based on this review, the Board concluded that the profitability results were consistent with the services rendered and service levels provided by WTAM and the entrepreneurial risk WTAM has undertaken over time.

*    *    *    *    *    *

At the conclusion of these discussions, the Board agreed that it had been furnished with sufficient information to make an informed business decision with respect to the approval to renew the Agreements. In evaluating the Agreements, the Board considered the conclusions and determinations discussed above and also relied on its previous knowledge, gained through meetings and other interactions with WTAM and the Sub-Advisers, of the Funds and the services provided to the Funds by WTAM and the Sub-Advisers. The Board also relied on information received on a routine and regular basis throughout the year relating to the operations of the Funds and the investment advisory and other services provided under the Agreements. In light of the foregoing, the Board, including a majority of the Independent Trustees, determined to approve the renewal of the Agreements.

 

108   WisdomTree Trust


General Information (unaudited)

 

Proxy Voting Policies, Procedures and Record

A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.

The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent

12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the Trust’s website at www.wisdomtree.com. The Funds’ Form N-PX is also available on the SEC’s website at www.sec.gov.

Shareholder Reports and Quarterly Portfolio Disclosure

The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: [email protected].

Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com.

The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.

Frequency Distribution of Discounts & Premiums

Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com.

 

WisdomTree Trust      109  


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, its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.

There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Dividends are not guaranteed, and a company currently paying dividends may cease paying dividends at any time. 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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WisdomTree Fund shares are distributed by Foreside Fund Services, LLC, in the U.S.

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