外国証券内容説明書

外国証券内容説明書
マネックス証券株式会社
2010 年 12 月末時点
第一部 証券情報
ティッカー（証券コード）
(1)
VB
ファンドの名称
Vanguard® Small-Cap ETF
ファンドの名称（カナ）
バンガード®・スモールキャップ・イーティーエフ
インデックス・ファンド/米国デラウエア州籍法定トラスト受益証券 （外国
(2)
ファンドの形態等
(3)
発行地
米国
(4)
発行日
2004 年 1 月 26 日
(5)
発行数及び
発行総額
(6)
申込単位
1口
(7)
主たる上場取引所又は
登録証券業協会の名称
NYSE Arca （2008 年 9 月 19 日より）
(8)
日本以外の地域における販売
米国、チリ、メキシコ、ペルー
投資信託）
発行数
66,728,000
発行総額
4,843,137,000 （米ドル）
第二部 発行者情報
(1)
ファンドに係る法制度の概要
(2)
ファンドの目的及び基本的性格
(3)
管理会社又は
運用会社の自己資本の額
(4)
ファンドの関係法人の概要
名称
管理会社
関係業務
名称
保管銀行
関係業務
デラウエア州法 （Delaware Statutory Trust Act）、1940 年投資会
社法及びその改正法、1986 年内国歳入法およびその改正法
ファンドは MSCI® US Small Cap 1750 Index のパフォーマンスに連
動する投資結果を提供することを目的とする
N/A
ザ・バンガード・グループ・インク
The Vanguard Group Inc.
当該ファンドの運用
JP モルガン・チェース・バンク
JP Morgan Chase Bank
カストディ業務、アドミニストレーション業務
①分配方針あり
(5)
投資の基本方針
②MSCI US Small Cap 1750 Index に連動
③当該インデックスを構成する銘柄のほぼ全てをインデックスと同じ割
合で保有する完全法
(6)
投資制限
1940 年投資会社法及びその改正法により制限
(7)
ファンド資産の管理の概要
及びその報酬
純資産時価の年率 0.17％ （2011 年 4 月 29 日時点）
1
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
（単位：米ドル）
(8) ファンドの運用状況
①
投資状況
2010 年 12 月末
投資有価証券
23,968,134,000 （ファンド全体）
②
2009 年 12 月末
17,239,723,000 （ファンド全体）
運用実績
純資産額の推移
2010 年 12 月末
2009 年 12 月末
純資産総額
4,843,137,000
3,460,087,000
一口当たり純資産総額
72.58
57.41
配当（分配）状況
一口当たり分配金
2010 年 12 月末
2009 年 12 月末
2010 年 1 月～2010 年 12 月
2009 年 1 月～2009 年 12 月
0.846
0.658
(9) ファンドの経理状況
①直近 2 計算期間の貸借対照表
（単位：米ドル）
2010 年 12 月末
2009 年 12 月末
総資産
24,643,600,000 （ファンド全体）
17,819,307,000 （ファンド全体）
負債
624,897,000 （ファンド全体）
528,386,000 （ファンド全体）
②直近 2 計算期間の損益計算書
2010 年 12 月末
2009 年 12 月末
投資収益
4,935,253,000 （ファンド全体）
4,246,050,000 （ファンド全体）
純投資収益
4,904,926,000 （ファンド全体）
4,223,940,000 （ファンド全体）
（備考： 米国会計基準に準拠）
2
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
③直近 2 計算期間の投資有価証券明細票
2010年12月末時点
2009年12月末時点
株数
普通株式 (99.8%)
Consumer Discretionary (14.2%)
Gentex Corp.
*
Signet Jewelers Ltd.
Tractor Supply Co.
Williams-Sonoma Inc.
*
Lululemon Athletica Inc.
*
Deckers Outdoor Corp.
Sotheby's
*
Panera Bread Co. Class A
Tupperware Brands Corp.
Jarden Corp.
*
Tempur-Pedic International Inc.
*
WMS Industries Inc.
*
J Crew Group Inc.
*
Big Lots Inc.
Polaris Industries Inc.
*
Tenneco Inc.
*
Warnaco Group Inc.
*
Hanesbrands Inc.
*
Dana Holding Corp.
RadioShack Corp.
*
Aeropostale Inc.
*
Bally Technologies Inc.
Chico's FAS Inc.
Rent-A-Center Inc.
DreamWorks Animation SKG Inc.
*
Class A
John Wiley & Sons Inc. Class A
Service Corp. International
*,^ Under Armour Inc. Class A
Dillard's Inc. Class A
*
Coinstar Inc.
*
Carter's Inc.
*
Cheesecake Factory Inc.
*
Career Education Corp.
Brunswick Corp.
*
Dress Barn Inc.
*
AnnTaylor Stores Corp.
市場価額
（千ドル）
ドル）
株数
普通株式 (99.7%)
Consumer Discretionary (14.6%)
Tupperware Brands Corp.
Jarden Corp.
*
DreamWorks Animation SKG Inc. Class A
*
Chico's FAS Inc.
Gentex Corp.
RadioShack Corp.
*
Big Lots Inc.
*
Sirius XM Radio Inc.
*
Aeropostale Inc.
*
Hanesbrands Inc.
*
J Crew Group Inc.
*
Dick's Sporting Goods Inc.
*
Liberty Media Corp. - Capital
*
Bally Technologies Inc.
Phillips-Van Heusen Corp.
Service Corp. International
*
WMS Industries Inc.
*
Panera Bread Co. Class A
*
Career Education Corp.
*
Warnaco Group Inc.
Williams-Sonoma Inc.
John Wiley & Sons Inc. Class A
*
Office Depot Inc.
*
Tractor Supply Co.
2,084,852
1,276,324
1,082,354
1,450,339
686,272
575,925
997,873
442,779
939,489
1,363,890
987,098
865,061
903,472
1,208,627
470,558
889,904
663,231
1,424,575
2,091,327
1,868,317
1,392,853
803,179
2,668,387
982,467
61,628
55,392
52,483
51,763
46,955
45,924
44,904
44,814
44,785
42,103
39,543
39,135
38,976
36,815
36,713
36,628
36,524
36,184
35,992
34,545
34,320
33,886
32,101
31,714
1,038,796
675,966
3,674,866
543,306
701,506
462,891
884,861
841,584
1,209,967
1,319,587
935,534
879,175
30,613
30,581
30,318
29,795
26,615
26,126
26,112
25,803
25,083
24,729
24,717
24,081
*
*
*
*
Madison Square Garden Inc. Class A
Valassis Communications Inc.
Live Nation Entertainment Inc.
Aaron's Inc.
*
Jo-Ann Stores Inc.
Wolverine World Wide Inc.
*
Life Time Fitness Inc.
*
Vail Resorts Inc.
*
OfficeMax Inc.
*
Office Depot Inc.
*
CROCS Inc.
*,^ Saks Inc.
*
Sally Beauty Holdings Inc.
*
Eastman Kodak Co.
*
Iconix Brand Group Inc.
*
Collective Brands Inc.
Jones Group Inc.
*
Orient-Express Hotels Ltd. Class A
Cooper Tire & Rubber Co.
Hillenbrand Inc.
926,565
732,499
2,065,715
1,146,750
386,384
726,506
561,062
432,345
1,265,982
4,107,922
1,289,779
2,036,800
1,494,067
3,999,565
1,076,924
966,040
1,296,818
1,501,967
823,670
927,032
23,887
23,696
23,590
23,382
23,268
23,161
22,998
22,499
22,408
22,183
22,081
21,794
21,709
21,438
20,795
20,383
20,153
19,511
19,422
19,292
Cracker Barrel Old Country Store Inc.
New York Times Co. Class A
Weight Watchers International Inc.
Six Flags Entertainment Corp.
Meredith Corp.
Men's Wearhouse Inc.
Childrens Place Retail Stores Inc.
HSN Inc.
Pier 1 Imports Inc.
Thor Industries Inc.
Gaylord Entertainment Co.
Morningstar Inc.
Cinemark Holdings Inc.
Jack in the Box Inc.
Choice Hotels International Inc.
PF Chang's China Bistro Inc.
Pool Corp.
Arbitron Inc.
JOS A Bank Clothiers Inc.
Ulta Salon Cosmetics & Fragrance
Inc.
MDC Holdings Inc.
KB Home
Hibbett Sports Inc.
Buckle Inc.
National CineMedia Inc.
350,735
1,943,574
505,159
346,948
541,179
744,570
371,479
599,909
1,744,652
536,365
491,354
331,939
1,013,590
820,516
444,042
344,734
738,276
399,499
409,732
19,210
19,047
18,938
18,874
18,752
18,599
18,440
18,381
18,319
18,215
17,659
17,619
17,474
17,337
16,993
16,706
16,641
16,587
16,520
479,656
562,424
1,179,271
429,759
418,025
788,888
16,308
16,181
15,908
15,858
15,789
15,707
Matthews International Corp. Class A
Steven Madden Ltd.
Timberland Co. Class A
Bob Evans Farms Inc.
*,^ Capella Education Co.
Regal Entertainment Group Class A
Group 1 Automotive Inc.
Monro Muffler Brake Inc.
Regis Corp.
*
Texas Roadhouse Inc. Class A
*
Genesco Inc.
443,393
370,989
618,645
454,722
224,347
1,264,196
354,803
425,979
856,918
799,482
360,131
15,510
15,478
15,212
14,988
14,937
14,842
14,817
14,735
14,225
13,727
13,501
*
*
*
*
*
*
*
*
*
*
*
*
*
*
市場価額
（千ドル）
ドル）
849,585
1,193,752
914,241
2,391,877
1,858,411
1,688,840
1,113,717
52,522,874
910,260
1,278,200
678,595
1,179,583
1,212,432
699,946
695,989
3,386,588
681,040
402,152
1,148,981
612,847
1,212,518
593,000
3,706,572
437,415
39,565
36,899
36,524
33,606
33,173
32,932
32,276
31,514
30,994
30,817
30,360
29,336
28,953
28,901
28,313
27,736
27,242
26,932
26,783
25,856
25,196
24,835
23,907
23,165
1,841,400
934,625
909,500
629,539
902,495
617,471
766,076
864,692
1,810,565
1,152,164
418,281
664,927
22,760
22,319
21,491
21,127
20,288
20,154
20,109
19,689
19,627
18,504
18,250
18,099
*
*
*
Deckers Outdoor Corp.
Dress Barn Inc.
Gymboree Corp.
Aaron's Inc.
*
Cheesecake Factory Inc.
Regal Entertainment Group Class A
*
Rent-A-Center Inc.
MDC Holdings Inc.
Hillenbrand Inc.
*
Lululemon Athletica Inc.
*,^ Corinthian Colleges Inc.
*
Eastman Kodak Co.
Thor Industries Inc.
*
Jack in the Box Inc.
Cooper Tire & Rubber Co.
Brunswick Corp.
Meredith Corp.
KB Home
Matthews International Corp. Class A
*
Capella Education Co.
177,106
776,569
399,696
626,403
770,968
1,142,574
890,948
506,831
834,117
520,951
1,116,473
3,618,497
486,175
772,037
755,694
1,190,783
482,912
1,069,355
409,297
191,732
18,015
17,939
17,383
17,370
16,645
16,499
15,788
15,732
15,715
15,681
15,374
15,270
15,266
15,186
15,152
15,135
14,898
14,629
14,501
14,437
*
800,860
445,766
667,732
753,564
938,352
453,945
1,029,223
343,980
356,765
506,700
261,103
421,433
657,260
501,602
455,144
195,972
620,282
1,861,020
962,972
14,199
14,113
14,062
13,903
13,653
13,351
13,061
13,002
12,929
12,819
12,622
12,571
12,541
12,505
12,412
12,411
12,251
12,208
12,182
Bob Evans Farms Inc.
Regis Corp.
Valassis Communications Inc.
NutriSystem Inc.
Ryland Group Inc.
Cracker Barrel Old Country Store Inc.
418,035
770,333
648,705
375,603
591,044
305,072
12,102
11,994
11,845
11,708
11,644
11,590
HSN Inc.
Coinstar Inc.
PF Chang's China Bistro Inc.
Childrens Place Retail Stores Inc.
Buckle Inc.
AnnTaylor Stores Corp.
International Speedway Corp. Class A
ArvinMeritor Inc.
American Greetings Corp. Class A
Orient-Express Hotels Ltd. Class A
JOS A Bank Clothiers Inc.
570,150
411,444
299,382
339,468
374,548
792,156
377,749
947,777
484,562
1,036,515
246,717
11,511
11,430
11,350
11,206
10,967
10,805
10,747
10,596
10,559
10,510
10,409
*
*
*
*
New York Times Co. Class A
TRW Automotive Holdings Corp.
Tempur-Pedic International Inc.
Fossil Inc.
Sotheby's
Brink's Home Security Holdings Inc.
Carter's Inc.
Collective Brands Inc.
Dana Holding Corp.
Jones Apparel Group Inc.
Polaris Industries Inc.
Wolverine World Wide Inc.
Tenneco Inc.
Choice Hotels International Inc.
Men's Wearhouse Inc.
Dillard's Inc. Class A
*
Scientific Games Corp. Class A
*
Skechers U.S.A. Inc. Class A
*
OfficeMax Inc.
*
Vail Resorts Inc.
*
Jo-Ann Stores Inc.
Interactive Data Corp.
*
Morningstar Inc.
Scholastic Corp.
Pool Corp.
*
Life Time Fitness Inc.
*,^ Under Armour Inc. Class A
*
Blue Nile Inc.
*
Gaylord Entertainment Co.
*
Saks Inc.
*
Iconix Brand Group Inc.
*
*
*
*
*
^
*
*
*
*
3
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
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*
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*
*
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*,^
*
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*,^
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*
*
Finish Line Inc. Class A
Cabela's Inc.
Tesla Motors Inc.
Helen of Troy Ltd.
Shutterfly Inc.
Pinnacle Entertainment Inc.
CEC Entertainment Inc.
American Axle & Manufacturing
Holdings Inc.
American Greetings Corp. Class A
Scholastic Corp.
Blue Nile Inc.
Vitamin Shoppe Inc.
Penske Automotive Group Inc.
99 Cents Only Stores
Education Management Corp.
BJ's Restaurants Inc.
Ruby Tuesday Inc.
Cato Corp. Class A
Buffalo Wild Wings Inc.
DineEquity Inc.
Ryland Group Inc.
Skechers U.S.A. Inc. Class A
International Speedway Corp. Class
A
Columbia Sportswear Co.
Exide Technologies
PEP Boys-Manny Moe & Jack
American Public Education Inc.
Scientific Games Corp. Class A
Modine Manufacturing Co.
Liz Claiborne Inc.
Quiksilver Inc.
Stage Stores Inc.
Domino's Pizza Inc.
Steiner Leisure Ltd.
K12 Inc.
Belo Corp. Class A
Interval Leisure Group Inc.
Meritage Homes Corp.
Shuffle Master Inc.
Federal-Mogul Corp.
Brown Shoe Co. Inc.
Boyd Gaming Corp.
Sonic Corp.
Express Inc.
Papa John's International Inc.
DSW Inc. Class A
Zumiez Inc.
G-III Apparel Group Ltd.
Stewart Enterprises Inc. Class A
Barnes & Noble Inc.
Maidenform Brands Inc.
Lumber Liquidators Holdings Inc.
Asbury Automotive Group Inc.
True Religion Apparel Inc.
Peet's Coffee & Tea Inc.
iRobot Corp.
Churchill Downs Inc.
Ascent Media Corp. Class A
Callaway Golf Co.
Ethan Allen Interiors Inc.
Fred's Inc. Class A
Nutrisystem Inc.
Jakks Pacific Inc.
Select Comfort Corp.
Biglari Holdings Inc.
Standard Pacific Corp.
Knology Inc.
Fuel Systems Solutions Inc.
Harte-Hanks Inc.
Sonic Automotive Inc. Class A
Dorman Products Inc.
Superior Industries International Inc.
RC2 Corp.
La-Z-Boy Inc.
Corinthian Colleges Inc.
Universal Technical Institute Inc.
Drew Industries Inc.
Winnebago Industries Inc.
Lions Gate Entertainment Corp.
Krispy Kreme Doughnuts Inc.
Pre-Paid Legal Services Inc.
hhgregg Inc.
Charming Shoppes Inc.
PetMed Express Inc.
Ameristar Casinos Inc.
Beazer Homes USA Inc.
California Pizza Kitchen Inc.
Grand Canyon Education Inc.
Retail Ventures Inc.
Rue21 Inc.
Sinclair Broadcast Group Inc. Class
A
Universal Electronics Inc.
Wet Seal Inc. Class A
Citi Trends Inc.
Bridgepoint Education Inc.
Oxford Industries Inc.
Pacific Sunwear of California Inc.
Denny's Corp.
AFC Enterprises Inc.
777,862
606,004
485,577
433,858
365,313
909,264
320,707
13,371
13,181
12,931
12,903
12,797
12,748
12,453
^
*
*
*
*
Barnes & Noble Inc.
Timberland Co. Class A
Charming Shoppes Inc.
CEC Entertainment Inc.
Helen of Troy Ltd.
National CineMedia Inc.
Unifirst Corp.
538,671
572,425
1,556,982
311,398
385,317
568,209
194,428
10,272
10,264
10,074
9,940
9,425
9,415
9,354
956,454
552,007
412,276
213,346
356,102
685,732
726,318
637,904
322,745
868,315
413,699
257,194
226,887
656,972
538,769
12,300
12,232
12,179
12,174
11,979
11,945
11,578
11,546
11,435
11,340
11,339
11,278
11,204
11,188
10,775
*
*
*,^
*
*
Buffalo Wild Wings Inc.
Group 1 Automotive Inc.
Lions Gate Entertainment Corp.
CTC Media Inc.
Steven Madden Ltd.
Finish Line Inc. Class A
Hibbett Sports Inc.
Sally Beauty Holdings Inc.
99 Cents Only Stores
Penske Auto Group Inc.
Arbitron Inc.
Monro Muffler Brake Inc.
Genesco Inc.
Live Nation Inc.
American Public Education Inc.
230,996
325,964
1,580,868
615,763
219,496
693,263
386,168
1,105,468
646,616
555,571
357,622
250,050
300,422
958,729
233,084
9,302
9,241
9,185
9,175
9,052
8,700
8,492
8,457
8,451
8,434
8,375
8,362
8,250
8,159
8,009
411,585
176,234
1,128,743
780,733
275,272
1,020,827
655,742
1,406,081
1,973,634
569,301
616,794
209,909
340,199
1,367,521
593,361
429,775
797,982
441,958
646,052
834,244
871,721
461,999
313,339
219,652
318,985
241,581
1,268,259
580,197
343,440
326,664
438,469
360,336
192,074
321,306
183,620
201,593
957,568
385,274
559,146
360,262
412,438
819,207
18,192
1,597,778
469,681
248,446
570,096
545,015
198,634
337,553
321,620
774,072
1,315,009
306,812
294,691
433,484
973,765
902,673
103,592
292,909
1,721,112
341,649
389,098
1,124,905
348,883
306,620
364,608
198,366
10,771
10,627
10,621
10,485
10,251
10,167
10,164
10,068
10,006
9,872
9,838
9,803
9,750
9,682
9,577
9,541
9,137
9,126
8,999
8,843
8,822
8,686
8,679
8,588
8,571
8,492
8,485
8,210
8,164
8,137
8,103
8,021
8,017
7,994
7,969
7,814
7,728
7,709
7,694
7,576
7,515
7,479
7,463
7,350
7,341
7,299
7,280
7,216
7,198
7,163
7,002
6,982
6,851
6,756
6,695
6,589
6,339
6,301
6,241
6,136
6,110
6,085
6,082
6,063
6,029
6,007
5,943
5,814
*
*
*
*
*,^
782,219
700,252
405,813
189,701
542,703
374,676
186,771
809,930
1,018,306
1,282,169
606,718
182,871
302,695
64,709
402,667
844,520
1,158,553
531,796
693,965
540,916
1,212,209
869,225
350,309
441,963
512,813
754,270
1,219,435
556,682
324,369
704,661
722,348
824,329
175,561
577,884
276,166
1,079,988
250,593
198,867
271,364
521,751
307,358
16,559
351,176
624,651
484,899
514,917
197,657
1,363,897
436,661
584,900
182,559
201,254
129,761
391,461
253,480
234,995
276,864
352,284
306,890
306,865
181,625
257,430
378,090
414,732
268,478
253,885
1,248,338
185,102
7,877
7,864
7,844
7,823
7,739
7,516
7,426
7,273
7,240
7,219
7,184
7,139
7,071
7,068
6,966
6,773
6,662
6,631
6,613
6,610
6,594
6,554
6,362
6,351
6,338
6,313
6,207
6,001
5,998
5,961
5,952
5,935
5,851
5,704
5,703
5,562
5,521
5,493
5,482
5,421
5,419
5,367
5,348
5,285
5,261
5,252
5,115
5,101
5,035
4,901
4,893
4,888
4,847
4,776
4,770
4,763
4,757
4,728
4,705
4,695
4,637
4,585
4,582
4,541
4,481
4,468
4,307
4,298
696,950
200,762
1,515,002
221,816
284,844
209,166
981,591
1,482,830
379,904
5,701
5,696
5,605
5,446
5,412
5,357
5,320
5,309
5,281
*
*
*
*
*,^
*
*
*
310,547
126,608
281,973
215,989
223,848
96,428
181,988
230,988
184,700
4,177
4,173
4,159
4,106
4,018
3,961
3,944
3,867
3,820
*
*
*
*
*
*
*
Sonic Corp.
Texas Roadhouse Inc. Class A
Meritage Homes Corp.
Fuel Systems Solutions Inc.
Cabela's Inc.
Cato Corp. Class A
*
Steiner Leisure Ltd.
*
Pinnacle Entertainment Inc.
*
Exide Technologies
*
Liz Claiborne Inc.
*
Modine Manufacturing Co.
Columbia Sportswear Co.
*
Papa John's International Inc.
National Presto Industries Inc.
*
Federal Mogul Corp.
*,^ American Axle & Manufacturing Holdings Inc.
*
CROCS Inc.
*
Interval Leisure Group Inc.
*
La-Z-Boy Inc.
*
Ticketmaster Entertainment Inc.
Belo Corp. Class A
Callaway Golf Co.
*
Ulta Salon Cosmetics & Fragrance Inc.
Cinemark Holdings Inc.
Stage Stores Inc.
*
Boyd Gaming Corp.
*
Pier 1 Imports Inc.
Harte-Hanks Inc.
*
True Religion Apparel Inc.
PEP Boys-Manny Moe & Jack
*
Shuffle Master Inc.
*
Ruby Tuesday Inc.
*
Peet's Coffee & Tea Inc.
Brown Shoe Co. Inc.
*
Drew Industries Inc.
Stewart Enterprises Inc. Class A
*
hhgregg Inc.
*
Citi Trends Inc.
*
Universal Technical Institute Inc.
Sonic Automotive Inc. Class A
^
PetMed Express Inc.
*
Steak N Shake Co.
Ameristar Casinos Inc.
CKE Restaurants Inc.
*
RCN Corp.
Fred's Inc. Class A
*
DSW Inc. Class A
*
Standard Pacific Corp.
*
Asbury Automotive Group Inc.
*
Domino's Pizza Inc.
*
Lumber Liquidators Inc.
*
DineEquity Inc.
Churchill Downs Inc.
*
Winnebago Industries
*
BJ's Restaurants Inc.
*,^ K12 Inc.
Big 5 Sporting Goods Corp.
Ethan Allen Interiors Inc.
World Wrestling Entertainment Inc. Class A
Superior Industries International Inc.
*
Ascent Media Corp. Class A
*
Shutterfly Inc.
*
Jakks Pacific Inc.
*
Knology Inc.
*
Maidenform Brands Inc.
*,^ iRobot Corp.
*
Wet Seal Inc. Class A
*
Universal Electronics Inc.
California Pizza Kitchen Inc.
Core-Mark Holding Co. Inc.
RC2 Corp.
Grand Canyon Education Inc.
Fuqi International Inc.
Pre-Paid Legal Services Inc.
Lincoln Educational Services Corp.
Volcom Inc.
Oxford Industries Inc.
4
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
*
^
*
*
*
*
*
*
*
*
*
*
*,^
*
*
*
*
*,^
*
*
*,^
*
*
*
*
*
*
*
*,^
*
*
*,^
*
*
*,^
*
*
*,^
*
*,^
*
*
*
*
*
*
Mediacom Communications Corp.
Class A
World Wrestling Entertainment Inc.
Class A
Core-Mark Holding Co. Inc.
K-Swiss Inc. Class A
Talbots Inc.
ChinaCast Education Corp.
EW Scripps Co. Class A
Volcom Inc.
Red Robin Gourmet Burgers Inc.
Big 5 Sporting Goods Corp.
Warner Music Group Corp.
Lincoln Educational Services Corp.
Sturm Ruger & Co. Inc.
Movado Group Inc.
M/I Homes Inc.
HOT Topic Inc.
Dex One Corp.
Marcus Corp.
Overstock.com Inc.
America's Car-Mart Inc.
Unifi Inc.
Libbey Inc.
Shoe Carnival Inc.
Stein Mart Inc.
Deer Consumer Products Inc.
Speedway Motorsports Inc.
Smith & Wesson Holding Corp.
Kirkland's Inc.
Christopher & Banks Corp.
Hovnanian Enterprises Inc. Class A
Journal Communications Inc. Class
A
Haverty Furniture Cos. Inc.
Ambassadors Group Inc.
Coldwater Creek Inc.
Blyth Inc.
Furniture Brands International Inc.
Leapfrog Enterprises Inc.
Spartan Motors Inc.
CKX Inc.
Weyco Group Inc.
Bebe Stores Inc.
LIN TV Corp. Class A
Isle of Capri Casinos Inc.
CSS Industries Inc.
China MediaExpress Holdings Inc.
Systemax Inc.
Sealy Corp.
Wonder Auto Technology Inc.
Monarch Casino & Resort Inc.
Kenneth Cole Productions Inc. Class
A
Martha Stewart Living Omnimedia
Class A
New York & Co. Inc.
Orbitz Worldwide Inc.
Brookfield Homes Corp.
ReachLocal Inc.
Fuqi International Inc.
Vitacost.com Inc.
China Automotive Systems Inc.
Outdoor Channel Holdings Inc.
Marine Products Corp.
China XD Plastics Co. Ltd.
Archipelago Learning Inc.
Krispy Kreme Doughnuts Inc.
Warrants Exp. 03/02/2012
Consumer Staples (2.7%)
Del Monte Foods Co.
Corn Products International Inc.
*
BJ's Wholesale Club Inc.
*
TreeHouse Foods Inc.
Nu Skin Enterprises Inc. Class A
*
United Natural Foods Inc.
Casey's General Stores Inc.
*
Central European Distribution Corp.
Ruddick Corp.
^
Diamond Foods Inc.
*
Hain Celestial Group Inc.
Lancaster Colony Corp.
*
Darling International Inc.
Fresh Del Monte Produce Inc.
Universal Corp.
*
Boston Beer Co. Inc. Class A
Sanderson Farms Inc.
J&J Snack Foods Corp.
^
Vector Group Ltd.
Pricesmart Inc.
B&G Foods Inc. Class A
WD-40 Co.
Andersons Inc.
*
Chiquita Brands International Inc.
Snyders-Lance Inc.
*
Rite Aid Corp.
Tootsie Roll Industries Inc.
*
Prestige Brands Holdings Inc.
*,^ Zhongpin Inc.
*
Elizabeth Arden Inc.
*,^ Dole Food Co. Inc.
612,217
5,179
*
362,980
144,865
406,657
574,527
630,122
477,188
255,657
220,438
308,052
805,809
285,104
286,446
270,060
275,602
662,836
556,966
310,833
241,042
145,294
223,889
240,831
137,805
389,467
300,070
218,132
892,473
237,098
533,557
800,176
5,169
5,156
5,071
4,895
4,890
4,843
4,824
4,733
4,704
4,537
4,422
4,380
4,359
4,239
4,156
4,155
4,125
3,972
3,935
3,790
3,726
3,721
3,603
3,373
3,342
3,338
3,326
3,281
3,273
*
*
*
*
HOT Topic Inc.
Bridgepoint Education Inc.
Red Robin Gourmet Burgers Inc.
Orbitz Worldwide Inc.
Christopher & Banks Corp.
*
Stein Mart Inc.
Marcus Corp.
*
Zumiez Inc.
K-Swiss Inc. Class A
*
Coldwater Creek Inc.
Speedway Motorsports Inc.
*
Warner Music Group Corp.
*
America's Car-Mart Inc.
*
Pacific Sunwear Of California
*
Retail Ventures Inc.
*
Quiksilver Inc.
*
Landry's Restaurants Inc.
Haverty Furniture Cos. Inc.
*
Dolan Media Co.
Ambassadors Group Inc.
*,^ Talbots Inc.
*
CKX Inc.
*
Smith & Wesson Holding Corp.
*,^ Overstock.com Inc.
*
Furniture Brands International Inc.
*
Denny's Corp.
Blyth Inc.
*
AFC Enterprises Inc.
*
EW Scripps Co. Class A
637,329
247,485
267,791
957,928
85,114
569,417
525,073
464,489
694,733
109,367
448,200
467,957
241,700
115,379
148,956
164,301
727,389
277,892
145,940
3,219
3,212
3,080
3,037
2,935
2,927
2,914
2,829
2,800
2,678
2,671
2,480
2,470
2,378
2,359
2,317
2,124
2,095
1,824
*,^ Hovnanian Enterprises Inc. Class A
*
Dorman Products Inc.
Sinclair Broadcast Group Inc. Class A
Sturm Ruger & Co. Inc.
*
M/I Homes Inc.
*
Unifi Inc.
*
Beazer Homes USA Inc.
*
Mediacom Communications Corp. Class A
Spartan Motors Inc.
Weyco Group Inc.
Movado Group Inc.
*
Krispy Kreme Doughnuts Inc.
Bebe Stores Inc.
Journal Communications Inc. Class A
CSS Industries Inc.
*
Sealy Corp.
*
Wonder Auto Technology Inc.
*
Leapfrog Enterprises Inc.
*
Martha Stewart Living Omnimedia Class A
144,664
1,807
*
404,381
404,067
303,588
177,242
82,659
250,294
252,101
100,643
189,218
166,803
200,965
96,942
1,787
1,786
1,697
1,666
1,646
1,597
1,437
1,369
1,357
1,111
1,081
951
Jackson Hewitt Tax Service Inc.
*
LIN TV Corp. Class A
*
Gaiam Inc. Class A
*
Morgans Hotel Group Co.
*
Stamps.com Inc.
Systemax Inc.
*
New York & Co. Inc.
*
Fisher Communications Inc.
*
American Apparel Inc.
*
Kenneth Cole Productions Inc. Class A
*,^ Zale Corp.
*,^ Brookfield Homes Corp.
7,748
2
3,412,363
2,898,982
1,121,113
801,703
527,495
831,362
670,712
561,923
999,294
618,250
324,645
637,734
292,693
1,227,331
639,817
359,451
144,457
321,706
220,407
613,833
266,740
709,663
235,516
260,359
668,293
386,582
9,897,671
299,074
708,008
413,686
351,336
591,085
54,501
51,571
38,402
26,950
25,157
24,602
23,887
22,884
22,776
17,265
17,257
16,742
16,299
15,963
14,630
13,736
12,595
10,632
10,632
10,144
9,744
9,487
9,464
9,369
9,061
8,742
8,664
8,461
8,439
8,084
7,986
*
*
*
*
*
*,^
*,^
*,^
*
*
FGX International Holdings Ltd.
Isle of Capri Casinos Inc.
Outdoor Channel Holdings Inc.
Monarch Casino & Resort Inc.
Build-A-Bear Workshop Inc.
Borders Group Inc.
1-800-Flowers.com Inc. Class A
Blockbuster Inc. Class A
Raser Technologies Inc.
Conn's Inc.
Dover Downs Gaming & Entertainment Inc.
Marine Products Corp.
Blockbuster Inc. Class B
Krispy Kreme Doughnuts Inc. Warrants Exp. 3/2/12
Consumer Staples (3.6%)
*
Green Mountain Coffee Roasters Inc.
Herbalife Ltd.
*
NBTY Inc.
Del Monte Foods Co.
Corn Products International Inc.
*
Central European Distribution Corp.
*
BJ's Wholesale Club Inc.
Casey's General Stores Inc.
*,^ Chattem Inc.
Nu Skin Enterprises Inc. Class A
*
TreeHouse Foods Inc.
Universal Corp.
*
United Natural Foods Inc.
Ruddick Corp.
*
Fresh Del Monte Produce Inc.
Lancaster Colony Corp.
*
Rite Aid Corp.
*
Chiquita Brands International Inc.
*
Bare Escentuals Inc.
*
American Italian Pasta Co.
5
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
194,713
3,814
596,894
252,108
210,631
510,069
486,632
347,501
284,352
285,828
363,001
804,613
201,799
627,974
134,948
892,415
395,887
1,736,926
152,987
235,963
305,428
229,357
336,988
566,787
724,510
216,342
528,069
1,307,276
84,348
342,449
399,575
3,796
3,787
3,770
3,744
3,708
3,704
3,645
3,636
3,608
3,589
3,556
3,554
3,553
3,552
3,519
3,509
3,257
3,240
3,118
3,048
3,003
2,987
2,963
2,934
2,883
2,863
2,844
2,794
2,781
720,719
167,051
640,848
258,645
238,075
630,170
504,853
544,007
421,202
99,667
241,217
776,971
351,856
553,883
103,915
620,340
164,771
469,071
362,558
2,768
2,616
2,583
2,509
2,474
2,445
2,443
2,432
2,371
2,356
2,345
2,292
2,206
2,155
2,020
1,960
1,938
1,834
1,791
238,299
1,782
389,842
379,370
215,909
363,386
174,774
99,821
363,153
95,573
435,768
129,268
433,098
145,244
1,715
1,692
1,660
1,646
1,573
1,568
1,558
1,553
1,351
1,247
1,178
1,162
191,848
131,204
214,466
819,654
364,971
1,425,391
658,554
138,882
198,674
150,795
997,760
7,748
1,113
1,063
1,049
967
967
955
817
811
751
743
589
—
2,520,681
469,354
832,161
751,278
2,668,446
1,007,055
877,588
748,834
686,362
230,829
679,671
429,261
334,783
551,038
556,412
600,712
265,358
8,357,415
600,849
868,715
282,809
38,238
33,761
32,711
30,260
29,436
24,932
24,494
21,909
21,536
18,263
16,681
15,269
14,735
14,316
13,276
13,188
12,620
10,839
10,624
9,839
Nash Finch Co.
Heckmann Corp.
Weis Markets Inc.
Pantry Inc.
Cal-Maine Foods Inc.
183,149
1,540,625
180,013
339,582
207,161
7,786
7,749
7,260
6,744
6,542
Central Garden and Pet Co. Class A
Winn-Dixie Stores Inc.
Spartan Stores Inc.
Pilgrim's Pride Corp.
Alliance One International Inc.
USANA Health Sciences Inc.
Inter Parfums Inc.
Smart Balance Inc.
Calavo Growers Inc.
Ingles Markets Inc. Class A
637,659
824,856
337,476
797,633
1,261,558
117,304
226,054
912,570
163,728
191,351
6,300
5,914
5,720
5,655
5,349
5,097
4,261
3,951
3,774
3,674
Coca-Cola Bottling Co. Consolidated
Village Super Market Inc. Class A
*,^ China-Biotics Inc.
*
Central Garden and Pet Co.
American Oriental Bioengineering
*,^ Inc.
National Beverage Corp.
Farmer Bros Co.
*
Susser Holdings Corp.
*
Revlon Inc. Class A
*,^ Feihe International Inc.
*,^ AgFeed Industries Inc.
Alico Inc.
63,832
84,293
166,523
238,137
3,548
2,782
2,448
2,343
943,796
172,364
108,813
130,535
183,231
166,479
527,845
55,750
2,265
2,265
1,937
1,808
1,803
1,771
1,552
1,329
655,753
939,777
1,167,396
748,886
1,736,477
1,173,416
5,428,365
474,542
955,297
792,144
863,425
724,352
3,785,391
300,301
292,641
785,307
1,574,049
605,459
446,056
926,316
901,313
1,871,145
620,044
511,739
581,846
1,151,058
811,502
894,306
1,195,604
755,450
2,579,401
849,580
543,384
1,493,550
704,722
2,455,944
430,835
650,844
1,701,015
340,446
223,307
1,135,424
661,174
771,074
677,899
187,967
648,490
498,660
1,541,421
351,074
413,721
1,698,800
117,555
707,925
612,950
500,344
794,205
1,338,422
346,384
1,405,927
1,738,745
199,143
506,665
354,561
449,905
71,779
805,404
492,563
362,973
847,543
841,293
55,381
51,330
47,996
47,302
41,058
39,736
36,881
34,543
32,296
32,266
31,654
30,472
30,357
30,300
29,559
28,349
28,142
27,829
27,373
24,939
24,287
24,275
24,231
23,931
22,296
22,081
21,419
20,493
20,488
19,965
19,736
18,741
18,132
17,308
16,209
15,260
14,507
14,425
14,370
14,258
13,477
11,980
11,705
11,402
10,889
10,856
10,796
10,682
10,673
10,480
10,227
9,871
9,798
9,047
8,941
8,403
8,245
8,001
7,972
7,946
7,932
7,529
7,403
7,144
7,114
7,096
6,723
6,403
6,382
6,024
*
*
*
*
*
*
*
*
Energy (6.1%)
SM Energy Co.
*
Atlas Energy Inc.
*
Oil States International Inc.
*
Brigham Exploration Co.
*
Superior Energy Services Inc.
*
SandRidge Energy Inc.
*
Dril-Quip Inc.
World Fuel Services Corp.
Holly Corp.
*
Atwood Oceanics Inc.
Berry Petroleum Co. Class A
*
Gran Tierra Energy Inc.
SEACOR Holdings Inc.
CARBO Ceramics Inc.
*
Rosetta Resources Inc.
Frontier Oil Corp.
*
Unit Corp.
Lufkin Industries Inc.
*
Complete Production Services Inc.
*
Energy XXI Bermuda Ltd.
*
Key Energy Services Inc.
*
Swift Energy Co.
*
Bristow Group Inc.
*
Bill Barrett Corp.
*
Patriot Coal Corp.
*
Northern Oil and Gas Inc.
*
Exterran Holdings Inc.
*
McMoRan Exploration Co.
*
Oasis Petroleum Inc.
*
International Coal Group Inc.
*
Cloud Peak Energy Inc.
*
Carrizo Oil & Gas Inc.
*
Helix Energy Solutions Group Inc.
*
Comstock Resources Inc.
*
Kodiak Oil & Gas Corp.
Overseas Shipholding Group Inc.
*
Stone Energy Corp.
*
ION Geophysical Corp.
*
Petroleum Development Corp.
*
Enbridge Energy Management LLC
*
Tetra Technologies Inc.
^
RPC Inc.
*
CVR Energy Inc.
Penn Virginia Corp.
Contango Oil & Gas Co.
*,^ ATP Oil & Gas Corp.
*
Gulfport Energy Corp.
*
Global Industries Ltd.
*
Gulfmark Offshore Inc.
*
James River Coal Co.
*
USEC Inc.
*
Clayton Williams Energy Inc.
*,^ Clean Energy Fuels Corp.
*
Resolute Energy Corp.
W&T Offshore Inc.
*
Western Refining Inc.
*
Newpark Resources Inc.
*
Approach Resources Inc.
*
Cal Dive International Inc.
*
Parker Drilling Co.
*
T-3 Energy Services Inc.
*
Energy Partners Ltd.
*
Hornbeck Offshore Services Inc.
*
Tesco Corp.
*
OYO Geospace Corp.
*
Pioneer Drilling Co.
*
Rex Energy Corp.
*
Goodrich Petroleum Corp.
*
Petroquest Energy Inc.
*
Vaalco Energy Inc.
Sanderson Farms Inc.
Darling International Inc.
Lance Inc.
Hain Celestial Group Inc.
Vector Group Ltd.
233,050
1,109,255
345,087
521,347
612,507
9,825
9,296
9,076
8,868
8,575
*
*
Tootsie Roll Industries Inc.
J&J Snack Foods Corp.
Diamond Foods Inc.
Winn-Dixie Stores Inc.
Heckmann Corp.
WD-40 Co.
Nash Finch Co.
Andersons Inc.
Central Garden and Pet Co. Class A
Boston Beer Co. Inc. Class A
292,122
198,950
222,320
737,910
1,390,482
211,268
172,935
245,832
614,817
128,490
7,998
7,950
7,901
7,409
6,938
6,837
6,414
6,347
6,111
5,988
*
Weis Markets Inc.
Cal-Maine Foods Inc.
B&G Foods Inc. Class A
Zhongpin Inc.
163,788
172,844
617,704
359,813
5,955
5,891
5,670
5,617
1,140,866
467,942
805,637
332,241
303,683
304,531
200,731
507,097
848,163
62,786
146,249
163,878
127,551
252,486
84,273
146,491
204,131
156,723
154,541
398,920
71,003
97,865
17,139
92,348
50,097
116,581
5,567
5,517
4,834
4,798
4,340
4,139
4,103
3,986
3,944
3,392
3,327
2,788
2,765
2,702
2,688
2,490
2,484
2,371
2,142
1,995
1,940
1,932
1,639
1,429
1,426
1,001
625,332
685,882
294,329
1,506,356
711,926
1,001,270
843,189
779,462
669,888
609,004
1,054,894
628,957
421,276
517,431
759,534
258,866
1,335,907
264,280
1,157,593
800,876
551,957
1,413,233
1,374,007
2,778,828
1,325,526
344,336
576,169
1,673,519
200,512
376,263
491,100
706,283
612,305
493,527
1,016,318
608,042
1,148,385
832,642
188,715
376,991
550,772
1,382,642
1,254,003
534,537
1,516,701
1,044,471
170,707
327,848
278,750
3,368,732
1,564,971
316,555
1,528,483
49,006
34,766
34,194
34,187
30,208
28,871
27,944
26,320
25,883
25,623
25,517
23,794
22,312
20,348
19,739
18,102
18,016
17,896
17,179
17,171
17,015
15,952
15,923
15,575
15,134
14,767
14,710
14,677
14,467
14,316
14,076
13,036
11,825
11,261
11,115
10,910
10,824
10,025
9,986
9,941
9,858
9,480
9,018
8,979
8,377
8,025
7,983
7,891
7,782
7,747
7,369
7,306
*
*
*
*
*
*
*
*
*
*
*,^
*,^
*
*,^
*
*
*
*,^
*
*
Alliance One International Inc.
Great Atlantic & Pacific Tea Co.
Smart Balance Inc.
Elizabeth Arden Inc.
Spartan Stores Inc.
Pantry Inc.
Pricesmart Inc.
Prestige Brands Holdings Inc.
American Oriental Bioengineering Inc.
Coca-Cola Bottling Co. Consolidated
China Sky One Medical Inc.
Revlon Inc. Class A
American Dairy Inc.
Central Garden and Pet Co.
USANA Health Sciences Inc.
Calavo Growers Inc.
Inter Parfums Inc.
Ingles Markets Inc. Class A
National Beverage Corp.
AgFeed Industries Inc.
Village Super Market Inc. Class A
Farmer Bros Co.
Arden Group Inc.
China-Biotics Inc.
Alico Inc.
Susser Holdings Corp.
Energy (6.1%)
*
Whiting Petroleum Corp.
Core Laboratories NV
Southern Union Co.
*
Encore Acquisition Co.
*
Atlas Energy Inc.
St Mary Land & Exploration Co.
*
Atwood Oceanics Inc.
*
Oil States International Inc.
*
Unit Corp.
*
Superior Energy Services Inc.
*
Comstock Resources Inc.
*
Dril-Quip Inc.
*
Arena Resources Inc.
World Fuel Services Corp.
*
SEACOR Holdings Inc.
*
Brigham Exploration Co.
CARBO Ceramics Inc.
*,^ Patriot Coal Corp.
*
Exterran Holdings Inc.
*
Bill Barrett Corp.
Frontier Oil Corp.
*
Mariner Energy Inc.
*
Gran Tierra Energy Inc.
*
Helix Energy Solutions Group Inc.
Overseas Shipholding Group Inc.
Holly Corp.
*
Key Energy Services Inc.
Lufkin Industries Inc.
*
Bristow Group Inc.
Berry Petroleum Co. Class A
*
Rosetta Resources Inc.
Penn Virginia Corp.
*
Swift Energy Co.
*
Tetra Technologies Inc.
*,^ ATP Oil & Gas Corp.
*
BPZ Resources Inc.
*
Complete Production Services Inc.
*
Enbridge Energy Management LLC
*
Carrizo Oil & Gas Inc.
*
Stone Energy Corp.
*
Global Industries Ltd.
*
Cal Dive International Inc.
*
Willbros Group Inc.
*
ION Geophysical Corp.
*
McMoRan Exploration Co.
*
Contango Oil & Gas Co.
*,^ Goodrich Petroleum Corp.
*
Gulfmark Offshore Inc.
Energy XXI Bermuda Ltd.
*
Parker Drilling Co.
*
Hornbeck Offshore Services Inc.
*
Hercules Offshore Inc.
6
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
*
*
*
*
*
*,^
*
*,^
*
*
*,^
*
*
*
*,^
*
*
*
*,^
*
*,^
^
*
Venoco Inc.
Willbros Group Inc.
Hercules Offshore Inc.
Magnum Hunter Resources Corp.
Harvest Natural Resources Inc.
BPZ Resources Inc.
Gulf Island Fabrication Inc.
Basic Energy Services Inc.
Crosstex Energy Inc.
Uranium Energy Corp.
Matrix Service Co.
Warren Resources Inc.
Cheniere Energy Inc.
General Maritime Corp.
Allis-Chalmers Energy Inc.
Endeavour International Corp.
Dawson Geophysical Co.
L&L Energy Inc.
Gastar Exploration Ltd.
PHI Inc.
Global Geophysical Services Inc.
Delta Petroleum Corp.
Oilsands Quest Inc.
Delek US Holdings Inc.
China Integrated Energy Inc.
Alon USA Energy Inc.
Contango ORE Inc.
Financials (20.1%)
Camden Property Trust
*
E*Trade Financial Corp.
Essex Property Trust Inc.
Ares Capital Corp.
*
Popular Inc.
Senior Housing Properties Trust
Arthur J Gallagher & Co.
Apartment Investment &
Management Co.
Waddell & Reed Financial Inc. Class
A
Developers Diversified Realty Corp.
First Niagara Financial Group Inc.
BRE Properties Inc.
Taubman Centers Inc.
East West Bancorp Inc.
Mack-Cali Realty Corp.
*
American Capital Ltd.
Allied World Assurance Co. Holdings
Ltd.
BioMed Realty Trust Inc.
Corporate Office Properties Trust
CBL & Associates Properties Inc.
MFA Financial Inc.
Protective Life Corp.
Highwoods Properties Inc.
Bank of Hawaii Corp.
*
SVB Financial Group
National Retail Properties Inc.
Aspen Insurance Holdings Ltd.
Valley National Bancorp
FirstMerit Corp.
Endurance Specialty Holdings Ltd.
Entertainment Properties Trust
Apollo Investment Corp.
Omega Healthcare Investors Inc.
StanCorp Financial Group Inc.
Hanover Insurance Group Inc.
Mid-America Apartment
Communities Inc.
Home Properties Inc.
Tanger Factory Outlet Centers
326,345
605,045
1,710,735
808,392
474,943
1,203,495
202,149
338,383
628,927
858,473
414,421
1,005,165
814,817
1,329,635
593,231
296,146
117,594
333,498
836,009
185,303
265,833
2,722,270
4,675,473
205,213
179,053
160,127
6,021
5,942
5,919
5,820
5,780
5,729
5,697
5,577
5,572
5,185
5,048
4,543
4,498
4,321
4,206
4,087
3,751
3,602
3,595
3,491
2,759
2,069
1,964
1,494
1,312
958
186
1,474,442
997,373
3,288,077
451,670
3,016,241
15,230,904
2,085,056
1,567,490
53,838
52,609
51,590
49,708
47,825
45,746
45,583
*
*
*,^
*
*
*
*,^
James River Coal Co.
International Coal Group Inc.
Clean Energy Fuels Corp.
USEC Inc.
Pioneer Drilling Co.
Tesco Corp.
GMX Resources Inc.
W&T Offshore Inc.
*
Newpark Resources Inc.
General Maritime Corp.
*
Petroquest Energy Inc.
*
Petroleum Development Corp.
*
T-3 Energy Services Inc.
*
Superior Well Services Inc.
*
Gulfport Energy Corp.
*
Oilsands Quest Inc.
*
Venoco Inc.
RPC Inc.
*
Rex Energy Corp.
*
Northern Oil and Gas Inc.
*
Matrix Service Co.
*
Clayton Williams Energy Inc.
Gulf Island Fabrication Inc.
Vaalco Energy Inc.
*
Seahawk Drilling Inc.
*
PHI Inc.
*
Western Refining Inc.
Crosstex Energy Inc.
*
CVR Energy Inc.
*
Allis-Chalmers Energy Inc.
*
OYO Geospace Corp.
*
Uranium Energy Corp.
*
Gastar Exploration Ltd.
*
Basic Energy Services Inc.
*,^ Delta Petroleum Corp.
*
Dawson Geophysical Co.
1,743,864
45,061
*
1,272,215
3,165,817
3,114,859
954,097
814,780
2,093,203
1,183,198
5,013,963
44,896
44,606
43,546
41,503
41,130
40,922
39,117
37,906
*
*
*
*
*
618,661
1,914,490
981,490
1,954,766
4,185,969
1,275,659
1,066,398
718,649
624,514
1,242,520
1,142,196
2,279,886
1,619,612
695,402
692,581
2,885,963
1,411,209
696,244
669,391
36,773
35,705
34,303
34,208
34,158
33,984
33,965
33,927
33,130
32,927
32,690
32,602
32,052
32,037
32,032
31,948
31,668
31,428
31,274
488,323
558,339
602,615
31,004
30,982
30,848
American Campus Communities Inc.
Fulton Financial Corp.
Alterra Capital Holdings Ltd.
966,863
2,960,142
1,413,214
30,708
30,608
30,582
* Forest City Enterprises Inc. Class A
* Signature Bank
Erie Indemnity Co. Class A
Synovus Financial Corp.
* Stifel Financial Corp.
Washington Real Estate Investment
Trust
* MBIA Inc.
Kilroy Realty Corp.
Washington Federal Inc.
TCF Financial Corp.
* Alleghany Corp.
DiamondRock Hospitality Co.
Platinum Underwriters Holdings Ltd.
LaSalle Hotel Properties
* MGIC Investment Corp.
^ American Capital Agency Corp.
CommonWealth REIT
CapitalSource Inc.
Douglas Emmett Inc.
* ProAssurance Corp.
Post Properties Inc.
Prosperity Bancshares Inc.
Equity Lifestyle Properties Inc.
Westamerica Bancorporation
* CNO Financial Group Inc.
1,817,391
604,365
452,643
11,104,572
469,571
930,294
2,389,630
779,467
1,674,372
1,908,088
92,084
2,301,466
611,841
1,039,116
2,688,821
953,033
1,073,458
3,853,223
1,644,265
449,855
724,901
659,760
434,582
434,450
3,550,710
Harvest Natural Resources Inc.
371,361
1,766,525
442,467
1,516,931
729,140
430,360
399,313
462,793
1,203,487
666,099
757,018
252,618
175,391
302,546
375,508
3,658,593
319,626
399,730
324,164
323,089
354,650
106,776
174,124
786,924
157,032
168,584
720,783
534,986
467,123
822,048
64,128
721,395
566,307
301,516
2,436,275
105,857
6,881
6,819
6,818
5,840
5,760
5,556
5,487
5,415
5,091
4,656
4,641
4,600
4,472
4,314
4,300
4,207
4,168
4,157
3,890
3,825
3,777
3,741
3,662
3,581
3,540
3,490
3,395
3,237
3,204
3,099
2,750
2,727
2,713
2,683
2,534
2,446
448,916
2,375
Warren Resources Inc.
Cheniere Energy Inc.
Bronco Drilling Co. Inc.
Endeavour International Corp.
Approach Resources Inc.
Delek US Holdings Inc.
Alon USA Energy Inc.
*,^ Sulphco Inc.
909,903
727,356
346,791
1,486,841
169,193
182,364
125,538
912,330
2,229
1,760
1,758
1,606
1,306
1,242
859
611
Financials (19.9%)
*
MSCI Inc. Class A
Alexandria Real Estate Equities Inc.
Senior Housing Properties Trust
Assured Guaranty Ltd.
Camden Property Trust
Mack-Cali Realty Corp.
Waddell & Reed Financial Inc.
First Niagara Financial Group Inc.
*
AmeriCredit Corp.
Jones Lang LaSalle Inc.
Chimera Investment Corp.
Highwoods Properties Inc.
Essex Property Trust Inc.
Arthur J Gallagher & Co.
Hanover Insurance Group Inc.
Bank of Hawaii Corp.
Corporate Office Properties Trust SBI
1,350,974
585,944
1,712,870
1,705,026
865,157
1,056,815
1,158,647
2,470,506
1,798,262
563,597
8,590,495
956,022
380,354
1,367,116
686,136
645,988
782,677
42,961
37,670
37,461
37,101
36,657
36,534
35,385
34,365
34,239
34,041
33,331
31,883
31,817
30,774
30,485
30,400
28,670
1,120,363
1,471,910
3,680,186
28,513
28,467
27,049
StanCorp Financial Group Inc.
E*Trade Financial Corp.
Allied World Assurance Co. Holdings Ltd.
663,189
15,068,455
568,322
26,541
26,370
26,183
30,332
30,218
29,635
29,316
29,132
Valley National Bancorp
Taubman Centers Inc.
Platinum Underwriters Holdings Ltd.
Apartment Investment & Management Co.
Endurance Specialty Holdings Ltd.
1,833,003
716,699
671,518
1,579,113
654,826
25,900
25,737
25,712
25,140
24,379
28,830
28,652
28,427
28,330
28,259
28,212
27,618
27,514
27,433
27,399
27,390
27,384
27,358
27,295
27,261
26,314
25,915
24,306
24,099
24,074
BancorpSouth Inc.
BRE Properties Inc.
National Retail Properties Inc.
SVB Financial Group
Prosperity Bancshares Inc.
Apollo Investment Corp.
ProAssurance Corp.
FirstMerit Corp.
Omega Healthcare Investors Inc.
Westamerica Bancorporation
Alleghany Corp.
Washington Real Estate Investment Trust
Stifel Financial Corp.
Home Properties Inc.
Tanger Factory Outlet Centers
BioMed Realty Trust Inc.
Fulton Financial Corp.
Entertainment Properties Trust
American Campus Communities Inc.
Brandywine Realty Trust
1,012,790
712,587
1,088,936
549,494
560,072
2,370,565
419,068
1,113,720
1,123,412
394,114
79,044
785,871
364,887
445,817
537,121
1,323,774
2,375,076
566,845
704,114
1,728,504
23,760
23,572
23,107
22,908
22,666
22,592
22,508
22,430
21,850
21,822
21,816
21,651
21,616
21,270
20,942
20,889
20,711
19,993
19,786
19,705
1,047,648
Aspen Insurance Holdings Ltd.
Washington Federal Inc.
MFA Financial Inc.
*
*
*
*
*
7
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
Iberiabank Corp.
Brandywine Realty Trust
Trustmark Corp.
Starwood Property Trust Inc.
Webster Financial Corp.
Extra Space Storage Inc.
NewAlliance Bancshares Inc.
First American Financial Corp.
Delphi Financial Group Inc.
Montpelier Re Holdings Ltd.
Umpqua Holdings Corp.
Whitney Holding Corp.
Hatteras Financial Corp.
Healthcare Realty Trust Inc.
UMB Financial Corp.
Northwest Bancshares Inc.
Potlatch Corp.
* PHH Corp.
* Portfolio Recovery Associates Inc.
DuPont Fabros Technology Inc.
Susquehanna Bancshares Inc.
Cathay General Bancorp
* Knight Capital Group Inc. Class A
Astoria Financial Corp.
Colonial Properties Trust
* Sunstone Hotel Investors Inc.
Unitrin Inc.
^ United Bankshares Inc.
Medical Properties Trust Inc.
BancorpSouth Inc.
Ezcorp Inc. Class A
MF Global Holdings Ltd.
Argo Group International Holdings
Ltd.
EastGroup Properties Inc.
Wintrust Financial Corp.
Symetra Financial Corp.
FNB Corp.
DCT Industrial Trust Inc.
National Health Investors Inc.
Redwood Trust Inc.
PS Business Parks Inc.
International Bancshares Corp.
Glacier Bancorp Inc.
Cash America International Inc.
First Financial Bancorp
Radian Group Inc.
Invesco Mortgage Capital Inc.
Tower Group Inc.
Old National Bancorp
Lexington Realty Trust
Hancock Holding Co.
Franklin Street Properties Corp.
Sovran Self Storage Inc.
National Penn Bancshares Inc.
First Citizens BancShares Inc. Class
A
Hersha Hospitality Trust Class A
Selective Insurance Group Inc.
Alexander's Inc.
KBW Inc.
Equity One Inc.
Community Bank System Inc.
MB Financial Inc.
Capstead Mortgage Corp.
RLI Corp.
PrivateBancorp Inc. Class A
First Financial Bankshares Inc.
First Midwest Bancorp Inc.
NBT Bancorp Inc.
Park National Corp.
Columbia Banking System Inc.
World Acceptance Corp.
Anworth Mortgage Asset Corp.
Provident Financial Services Inc.
Prospect Capital Corp.
First Potomac Realty Trust
Greenlight Capital Re Ltd. Class A
American National Insurance Co.
U-Store-It Trust
Strategic Hotels & Resorts Inc.
First Cash Financial Services Inc.
399,966
1,965,359
903,718
1,021,558
1,104,292
1,236,752
1,408,663
1,395,559
722,026
1,042,346
1,705,378
1,439,262
672,585
948,497
481,980
1,648,822
595,157
825,973
253,901
883,561
1,931,153
1,110,477
1,337,567
1,311,699
1,007,583
1,759,748
737,399
616,589
1,659,136
1,118,304
654,078
2,092,835
23,650
22,896
22,448
21,943
21,755
21,519
21,102
20,850
20,823
20,784
20,771
20,366
20,359
20,080
19,964
19,390
19,372
19,121
19,093
18,793
18,694
18,545
18,445
18,246
18,187
18,178
18,096
18,004
17,968
17,837
17,745
17,496
Equity Lifestyle Properties Inc.
HRPT Properties Trust
Popular Inc.
Montpelier Re Holdings Ltd.
*
Forest City Enterprises Inc. Class A
Protective Life Corp.
Douglas Emmett Inc.
*
Knight Capital Group Inc. Class A
Mid-America Apartment Communities Inc.
LaSalle Hotel Properties
Ares Capital Corp.
Trustmark Corp.
Kilroy Realty Corp.
*,^ Federal National Mortgage Assn.
*
Signature Bank
Healthcare Realty Trust Inc.
Developers Diversified Realty Corp.
CBL & Associates Properties Inc.
Hancock Holding Co.
Potlatch Corp.
Erie Indemnity Co. Class A
UMB Financial Corp.
*
Conseco Inc.
East West Bancorp Inc.
NewAlliance Bancshares Inc.
Northwest Bancshares Inc.
Umpqua Holdings Corp.
Zenith National Insurance Corp.
Unitrin Inc.
Max Capital Group Ltd.
Delphi Financial Group Inc.
Redwood Trust Inc.
462,542
401,401
511,497
1,231,114
1,705,103
3,144,881
370,812
1,102,489
292,938
809,823
1,070,204
437,505
865,799
1,978,510
722,910
609,968
1,297,333
1,938,044
439,103
1,069,574
410,794
1,877,026
17,322
16,987
16,895
16,866
16,744
16,699
16,694
16,460
16,322
16,221
16,171
16,157
16,000
15,967
15,788
15,603
15,425
15,407
15,307
15,241
15,121
15,073
78,204
2,200,303
794,928
34,212
501,336
762,305
493,715
762,811
1,044,298
249,307
903,501
248,374
1,102,778
513,545
170,656
585,617
233,332
1,756,406
810,370
1,126,726
721,314
449,482
139,742
1,255,178
2,250,804
383,221
14,784
14,522
14,428
14,105
13,997
13,859
13,710
13,212
13,148
13,106
12,992
12,712
12,704
12,402
12,402
12,333
12,320
12,295
12,261
12,169
12,132
12,051
11,965
11,962
11,907
11,876
Government Properties Income Trust
Infinity Property & Casualty Corp.
Solar Capital Ltd.
Cousins Properties Inc.
Pebblebrook Hotel Trust
Pennsylvania Real Estate Investment
Trust
BlackRock Kelso Capital Corp.
438,388
188,413
469,147
1,377,663
564,327
11,744
11,644
11,625
11,490
11,467
782,379
1,008,708
11,368
11,156
Cypress Sharpridge Investments Inc.
Texas Capital Bancshares Inc.
CVB Financial Corp.
Acadia Realty Trust
*,^ iStar Financial Inc.
* Kindred Healthcare Inc.
859,580
519,934
1,267,071
597,991
1,391,529
587,422
First Commonwealth Financial Corp.
Nelnet Inc. Class A
Employers Holdings Inc.
1,522,957
452,425
611,303
*
*
^
*
*
*
*
*
388,515
3,018,170
8,635,175
1,107,164
1,623,807
1,154,623
1,311,219
1,199,725
380,745
857,424
1,459,103
805,440
582,069
15,003,138
547,617
800,788
1,850,355
1,768,367
390,474
536,126
414,879
410,946
3,156,663
989,069
1,296,611
1,342,078
1,124,069
503,883
673,354
648,827
643,461
995,195
19,608
19,528
19,516
19,176
19,128
19,109
18,685
18,476
18,382
18,203
18,166
18,155
17,852
17,704
17,469
17,185
17,134
17,100
17,099
17,092
16,189
16,171
15,783
15,627
15,572
15,192
15,074
14,996
14,848
14,469
14,394
14,391
Iberiabank Corp.
Old National Bancorp
Franklin Street Properties Corp.
Cash America International Inc.
CapitalSource Inc.
DCT Industrial Trust Inc.
Astoria Financial Corp.
Hatteras Financial Corp.
*
Piper Jaffray Cos.
EastGroup Properties Inc.
Tower Group Inc.
RLI Corp.
International Bancshares Corp.
Sovran Self Storage Inc.
American National Insurance Co.
PS Business Parks Inc.
*,^ Federal Home Loan Mortgage Corp.
Extra Space Storage Inc.
Post Properties Inc.
DiamondRock Hospitality Co.
MB Financial Inc.
First Financial Bankshares Inc.
263,657
1,139,607
952,863
397,397
3,489,543
2,756,653
1,112,808
488,390
265,378
349,639
570,477
247,815
690,132
363,779
108,419
257,731
8,733,751
1,107,805
645,940
1,456,631
621,871
224,581
14,187
14,165
13,921
13,893
13,854
13,838
13,832
13,655
13,431
13,384
13,355
13,196
13,064
12,998
12,950
12,899
12,839
12,795
12,660
12,338
12,263
12,179
*
Argo Group International Holdings Ltd.
Capstead Mortgage Corp.
Synovus Financial Corp.
PHH Corp.
Selective Insurance Group
National Health Investors Inc.
Investment Technology Group Inc.
KBW Inc.
Wilmington Trust Corp.
Sunstone Hotel Investors Inc.
Whitney Holding Corp.
Glacier Bancorp Inc.
United Bankshares Inc.
Medical Properties Trust Inc.
FNB Corp.
Webster Financial Corp.
Prospect Capital Corp.
Anworth Mortgage Asset Corp.
DuPont Fabros Technology Inc.
Forestar Group Inc.
Wintrust Financial Corp.
CVB Financial Corp.
Interactive Brokers Group Inc.
MGIC Investment Corp.
Colonial Properties Trust
First Citizens BancShares Inc. Class A
416,502
877,834
5,832,643
735,554
715,151
316,291
587,906
422,961
925,072
1,283,799
1,250,440
829,962
556,384
1,081,525
1,537,427
873,899
862,866
1,451,685
562,803
459,562
324,529
1,143,804
555,989
1,687,661
829,370
59,051
12,137
11,982
11,957
11,850
11,764
11,700
11,582
11,572
11,415
11,400
11,392
11,387
11,111
10,815
10,439
10,373
10,190
10,162
10,125
10,101
9,992
9,883
9,852
9,755
9,729
9,685
*
MF Global Ltd.
NBT Bancorp Inc.
Equity One Inc.
Employers Holdings Inc.
Portfolio Recovery Associates Inc.
1,391,212
462,633
582,253
611,274
207,713
9,669
9,424
9,415
9,377
9,322
^
*
American Capital Ltd.
Ocwen Financial Corp.
3,815,737
966,385
9,310
9,248
11,097
11,059
10,985
10,907
10,882
10,791
*
Navigators Group Inc.
Financial Federal Corp.
First Financial Bancorp
National Penn Bancshares Inc.
optionsXpress Holdings Inc.
Park National Corp.
194,343
331,619
624,458
1,568,205
584,092
152,706
9,156
9,120
9,092
9,080
9,024
8,991
10,783
10,718
10,686
*
*
*
Pico Holdings Inc.
MBIA Inc.
Allied Capital Corp.
274,309
2,244,775
2,414,878
8,978
8,934
8,718
*
*
*
^
^
*
*
*
*
^
8
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
* Ocwen Financial Corp.
Horace Mann Educators Corp.
^ Primerica Inc.
Getty Realty Corp.
* Investment Technology Group Inc.
American Equity Investment Life
Holding Co.
* Dollar Financial Corp.
Glimcher Realty Trust
Investors Real Estate Trust
Compass Diversified Holdings
* Piper Jaffray Cos.
Oritani Financial Corp.
* FelCor Lodging Trust Inc.
Sterling Bancshares Inc.
* Investors Bancorp Inc.
Inland Real Estate Corp.
Interactive Brokers Group Inc.
* Navigators Group Inc.
optionsXpress Holdings Inc.
* Forestar Group Inc.
Fifth Street Finance Corp.
LTC Properties Inc.
Saul Centers Inc.
* Pico Holdings Inc.
* Enstar Group Ltd.
PacWest Bancorp
Brookline Bancorp Inc.
Oriental Financial Group Inc.
Associated Estates Realty Corp.
Evercore Partners Inc. Class A
Chemical Financial Corp.
Safety Insurance Group Inc.
^ S&T Bancorp Inc.
* Credit Acceptance Corp.
Flagstone Reinsurance Holdings SA
Bank of the Ozarks Inc.
Sun Communities Inc.
* National Financial Partners Corp.
MarketAxess Holdings Inc.
City Holding Co.
Independent Bank Corp.
* Financial Engines Inc.
Meadowbrook Insurance Group Inc.
* Internet Capital Group Inc.
* Altisource Portfolio Solutions SA
* PMI Group Inc.
* Western Alliance Bancorp
* First Industrial Realty Trust Inc.
Cohen & Steers Inc.
Home Bancshares Inc.
United Fire & Casualty Co.
Trustco Bank Corp. NY
BGC Partners Inc. Class A
Amtrust Financial Services Inc.
Artio Global Investors Inc. Class A
Walter Investment Management
Corp.
WesBanco Inc.
* Ashford Hospitality Trust Inc.
Harleysville Group Inc.
Boston Private Financial Holdings
Inc.
1,118,096
586,376
432,991
334,221
636,119
10,667
10,578
10,500
10,454
10,413
827,479
362,553
1,234,740
1,156,018
584,306
294,983
836,625
1,444,015
1,441,757
769,418
1,146,596
565,755
200,121
641,545
515,827
811,540
345,759
204,986
303,401
113,303
447,282
881,264
734,330
599,685
268,450
408,740
190,055
393,488
141,388
696,892
202,486
259,125
634,972
408,317
232,179
299,972
400,657
757,311
544,272
262,924
2,279,801
1,021,169
854,680
286,535
338,686
334,202
1,145,587
870,980
398,676
470,035
10,385
10,380
10,372
10,369
10,336
10,327
10,240
10,166
10,121
10,095
10,090
10,082
10,076
10,053
9,955
9,852
9,709
9,706
9,648
9,583
9,563
9,562
9,172
9,169
9,127
9,054
9,041
8,889
8,875
8,781
8,778
8,631
8,509
8,497
8,412
8,114
7,945
7,762
7,740
7,549
7,523
7,516
7,487
7,479
7,461
7,459
7,263
7,238
6,977
6,933
384,726
355,721
697,519
182,673
6,902
6,744
6,731
6,711
1,022,206
537,337
854,229
356,958
472,977
619,870
437,416
221,491
Universal Health Realty Income Trust
* Hilltop Holdings Inc.
* CNA Surety Corp.
SCBT Financial Corp.
Simmons First National Corp. Class
A
Maiden Holdings Ltd.
Flushing Financial Corp.
Retail Opportunity Investments Corp.
Renasant Corp.
National Western Life Insurance Co.
Class A
Wilmington Trust Corp.
ViewPoint Financial Group
Parkway Properties Inc.
^ TowneBank
* Tejon Ranch Co.
Two Harbors Investment Corp.
Community Trust Bancorp Inc.
Cedar Shopping Centers Inc.
First Financial Corp.
NorthStar Realty Finance Corp.
Provident New York Bancorp
Duff & Phelps Corp. Class A
Danvers Bancorp Inc.
* Nara Bancorp Inc.
Hudson Valley Holding Corp.
* FPIC Insurance Group Inc.
Ramco-Gershenson Properties Trust
Education Realty Trust Inc.
Sandy Spring Bancorp Inc.
* Pinnacle Financial Partners Inc.
Hercules Technology Growth Capital
Inc.
Dime Community Bancshares Inc.
FBL Financial Group Inc. Class A
968,383
1,137,570
508,506
441,599
493,004
8,715
8,680
8,579
8,527
8,485
27,526
1,023,452
410,529
1,114,378
109,961
796,107
1,076,213
295,059
726,494
1,265,148
324,801
694,754
281,327
183,613
663,028
321,359
609,229
196,873
215,137
1,163,814
289,793
749,180
283,235
387,363
417,472
528,124
1,031,630
759,488
457,422
175,651
145,534
291,295
251,312
421,491
180,721
185,998
250,147
776,625
360,959
189,877
1,101,927
406,116
32,418
514,392
304,276
733,228
734,818
1,685,462
316,533
182,715
8,380
8,341
8,272
8,146
8,029
7,889
7,878
7,831
7,737
7,692
7,685
7,601
7,526
7,462
7,220
7,131
7,091
7,054
6,955
6,855
6,833
6,720
6,676
6,674
6,642
6,602
6,499
6,471
6,386
6,364
6,127
6,065
6,049
5,994
5,920
5,913
5,886
5,864
5,840
5,772
5,653
5,645
5,628
5,627
5,547
5,455
5,438
5,427
5,384
5,348
Independent Bank Corp.
Simmons First National Corp. Class A
Nara Bancorp Inc.
Cohen & Steers Inc.
254,854
191,075
467,145
228,371
5,324
5,312
5,297
5,216
6,695
Maiden Holdings Ltd.
711,848
5,211
6,690
6,637
6,579
6,423
Fifth Street Finance Corp.
Boston Private Financial Holdings Inc.
Tejon Ranch Co.
Compass Diversified Holdings
477,233
882,322
172,588
394,370
5,126
5,091
5,043
5,032
6,422
6,382
6,350
Hercules Technology Growth Capital Inc.
Duff & Phelps Corp. Class A
Universal Health Realty Income Trust
479,977
268,914
153,081
4,987
4,910
4,903
173,258
633,297
263,683
190,038
6,329
6,282
6,244
6,224
*
Walter Investment Management Corp.
First Potomac Realty Trust
First Commonwealth Financial Corp.
FBR Capital Markets Corp.
337,103
383,530
1,036,600
775,935
4,831
4,821
4,820
4,795
217,680
785,762
441,138
6,204
6,176
6,176
*
SCBT Financial Corp.
Sun Communities Inc.
eHealth Inc.
171,983
239,314
285,105
4,762
4,727
4,684
621,943
354,561
6,163
5,996
^
SWS Group Inc.
Pennsylvania Real Estate Investment Trust
384,830
548,132
4,656
4,637
35,654
1,364,944
493,235
325,959
356,798
205,289
575,200
192,666
879,273
155,945
1,147,785
516,862
314,577
298,873
537,033
210,825
141,005
5,944
5,924
5,766
5,711
5,670
5,656
5,631
5,580
5,531
5,480
5,452
5,422
5,304
5,281
5,274
5,220
5,212
569,127
255,395
958,038
443,612
131,376
316,334
1,565,280
361,567
174,263
137,135
610,088
599,177
366,920
194,402
482,836
133,145
215,358
4,604
4,589
4,378
4,365
4,364
4,359
4,352
4,274
4,261
4,158
4,149
4,146
4,132
4,081
4,075
4,064
3,984
*
Investors Real Estate Trust
Cousins Properties Inc.
Acadia Realty Trust
Community Bank System Inc.
Ezcorp Inc. Class A
*
Alexander's Inc.
Inland Real Estate Corp.
PacWest Bancorp
Radian Group Inc.
*
Enstar Group Ltd.
Brookline Bancorp Inc.
U-Store-It Trust
American Capital Agency Corp.
Provident Financial Services Inc.
Lexington Realty Trust
*
Dollar Financial Corp.
*
Investors Bancorp Inc.
LTC Properties Inc.
Infinity Property & Casualty Corp.
First Midwest Bancorp Inc.
*
First Cash Financial Services Inc.
*
Hilltop Holdings Inc.
*
World Acceptance Corp.
City Holding Co.
Susquehanna Bancshares Inc.
Chemical Financial Corp.
PrivateBancorp Inc. Class A
*
Greenlight Capital Re Ltd. Class A
Nelnet Inc. Class A
*
Riskmetrics Group Inc.
Horace Mann Educators Corp.
Trustco Bank Corp.
BlackRock Kelso Capital Corp.
*
Texas Capital Bancshares Inc.
Safety Insurance Group Inc.
*
Credit Acceptance Corp.
Parkway Properties Inc.
Home Bancshares Inc.
*
Pinnacle Financial Partners Inc.
Saul Centers Inc.
Harleysville Group Inc.
Getty Realty Corp.
Cathay General Bancorp
Columbia Banking System Inc.
Evercore Partners Inc. Class A
Sterling Bancshares Inc.
MarketAxess Holdings Inc.
National Western Life Insurance Co. Class A
Flagstone Reinsurance Holdings Ltd.
United Fire & Casualty Co.
American Equity Investment Life Holding Co.
Meadowbrook Insurance Group Inc.
*,^ GLG Partners Inc.
S&T Bancorp Inc.
Bank of the Ozarks Inc.
*
*
*
*
*
National Financial Partners Corp.
AMERISAFE Inc.
GFI Group Inc.
Beneficial Mutual Bancorp Inc.
Oppenheimer Holdings Inc. Class A
OneBeacon Insurance Group Ltd. Class A
Phoenix Cos. Inc.
Amtrust Financial Services Inc.
Community Trust Bancorp Inc.
American Physicians Capital Inc.
Cedar Shopping Centers Inc.
Bank Mutual Corp.
Flushing Financial Corp.
Altisource Portfolio Solutions SA
Provident New York Bancorp
First Financial Corp.
State Auto Financial Corp.
9
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
OneBeacon Insurance Group Ltd.
Class A
GFI Group Inc.
Kite Realty Group Trust
Tompkins Financial Corp.
MVC Capital Inc.
CapLease Inc.
StellarOne Corp.
Urstadt Biddle Properties Inc. Class
A
Lakeland Financial Corp.
* AMERISAFE Inc.
* Citizens Inc.
* NewStar Financial Inc.
Chesapeake Lodging Trust
SY Bancorp Inc.
* eHealth Inc.
Cardinal Financial Corp.
Bancfirst Corp.
WSFS Financial Corp.
* International Assets Holding Corp.
Berkshire Hills Bancorp Inc.
Capital Southwest Corp.
Pennymac Mortgage Investment
Trust
Univest Corp. of Pennsylvania
Winthrop Realty Trust
Southside Bancshares Inc.
Washington Trust Bancorp Inc.
* Global Indemnity plc
Arrow Financial Corp.
1st Source Corp.
* Phoenix Cos. Inc.
Colony Financial Inc.
* Beneficial Mutual Bancorp Inc.
First Busey Corp.
Calamos Asset Management Inc.
Class A
State Auto Financial Corp.
Union First Market Bankshares Corp.
Sterling Bancorp
Camden National Corp.
Oppenheimer Holdings Inc. Class A
Northfield Bancorp Inc.
* Flagstar Bancorp Inc.
First Mercury Financial Corp.
* TradeStation Group Inc.
* Citizens Republic Bancorp Inc.
Westfield Financial Inc.
Advance America Cash Advance
Centers Inc.
Republic Bancorp Inc. Class A
Territorial Bancorp Inc.
First Community Bancshares Inc.
Suffolk Bancorp
Westwood Holdings Group Inc.
Lakeland Bancorp Inc.
Hudson Pacific Properties Inc.
First Bancorp
Southwest Bancorp Inc.
* Kennedy-Wilson Holdings Inc.
First Merchants Corp.
First Interstate Bancsystem Inc.
United Financial Bancorp Inc.
GAMCO Investors Inc.
Trico Bancshares
* FBR Capital Markets Corp.
Epoch Holding Corp.
Bank Mutual Corp.
THL Credit Inc.
Presidential Life Corp.
Abington Bancorp Inc.
SeaBright Holdings Inc.
CoBiz Financial Inc.
Stewart Information Services Corp.
Heartland Financial USA Inc.
NGP Capital Resources Co.
MainSource Financial Group Inc.
First Financial Holdings Inc.
Great Southern Bancorp Inc.
Baldwin & Lyons Inc.
Home Federal Bancorp Inc.
* Gleacher & Co. Inc.
Citizens & Northern Corp.
CreXus Investment Corp.
* United Community Banks Inc.
BankFinancial Corp.
* Avatar Holdings Inc.
Consolidated-Tomoka Land Co.
Golub Capital BDC Inc.
Kansas City Life Insurance Co.
* Doral Financial Corp.
SWS Group Inc.
Wilshire Bancorp Inc.
ESSA Bancorp Inc.
National Interstate Corp.
Donegal Group Inc. Class A
^ Ames National Corp.
^ Life Partners Holdings Inc.
* First Marblehead Corp.
Student Loan Corp.
342,093
1,093,978
943,217
129,549
343,544
855,346
340,213
5,186
5,131
5,103
5,073
5,016
4,978
4,947
251,631
227,794
277,242
650,943
458,691
256,244
194,221
334,543
406,732
114,114
99,010
196,465
208,630
44,253
4,894
4,888
4,852
4,850
4,848
4,820
4,768
4,747
4,730
4,700
4,697
4,637
4,611
4,593
251,940
234,912
351,477
213,323
204,946
217,403
160,489
218,018
1,727,153
218,966
485,121
888,524
4,573
4,503
4,495
4,495
4,484
4,446
4,415
4,413
4,387
4,384
4,284
4,176
297,133
238,352
4,160
4,152
269,637
379,191
108,478
148,430
290,993
2,368,180
225,396
542,083
5,946,597
394,656
3,985
3,970
3,930
3,890
3,876
3,860
3,696
3,659
3,657
3,651
647,062
152,869
182,164
239,287
144,695
88,864
321,483
230,815
225,112
274,201
338,116
380,118
220,414
218,400
67,520
200,505
827,647
203,453
646,108
235,851
308,383
254,463
328,947
495,560
258,037
170,274
322,929
284,215
246,005
119,971
117,544
222,887
1,143,898
181,008
201,921
1,331,912
265,337
127,184
81,272
132,933
68,730
1,603,484
436,796
286,557
165,124
101,428
149,561
98,544
111,518
979,586
60,108
3,649
3,631
3,627
3,575
3,571
3,551
3,527
3,474
3,446
3,400
3,378
3,368
3,359
3,335
3,242
3,238
3,162
3,160
3,088
3,068
3,062
3,036
3,033
3,013
2,975
2,973
2,971
2,959
2,832
2,830
2,766
2,735
2,711
2,690
2,645
2,597
2,587
2,521
2,349
2,276
2,270
2,213
2,206
2,184
2,183
2,171
2,166
2,135
2,133
2,126
1,950
First Industrial Realty Trust Inc.
Berkshire Hills Bancorp Inc.
Suffolk Bancorp
United Community Banks Inc.
Dime Community Bancshares
Ramco-Gershenson Properties Trust
WesBanco Inc.
753,069
188,642
130,008
1,133,217
325,892
395,484
305,718
3,939
3,901
3,861
3,842
3,820
3,773
3,773
*,^ Citizens Inc.
Tompkins Financial Corp.
FPIC Insurance Group Inc.
Renasant Corp.
Northfield Bancorp Inc.
FBL Financial Group Inc. Class A
Danvers Bancorp Inc.
Government Properties Income Trust
*
Ashford Hospitality Trust Inc.
*
TradeStation Group Inc.
Harleysville National Corp.
*
CNA Surety Corp.
*
Broadpoint Gleacher Securities Inc.
Lakeland Financial Corp.
572,487
92,180
95,648
271,073
272,614
198,179
282,271
159,314
778,303
453,057
554,244
239,636
797,947
203,769
3,738
3,733
3,694
3,687
3,686
3,670
3,667
3,661
3,611
3,575
3,569
3,568
3,559
3,515
*
United America Indemnity Ltd. Class A
Arrow Financial Corp.
MVC Capital Inc.
Education Realty Trust Inc.
*,^ iStar Financial Inc.
Kite Realty Group Trust
Univest Corp. of Pennsylvania
GAMCO Investors Inc.
*
SeaBright Insurance Holdings Inc.
Oriental Financial Group Inc.
Southside Bancshares Inc.
SY Bancorp Inc.
443,754
140,350
296,050
718,005
1,349,366
844,865
194,987
70,530
293,388
311,586
171,325
156,301
3,515
3,509
3,493
3,475
3,454
3,439
3,418
3,406
3,371
3,365
3,361
3,337
^
TowneBank
*,^ Ambac Financial Group Inc.
276,722
3,893,884
3,232
3,232
369,510
98,297
196,408
875,834
232,686
376,690
82,841
265,670
307,426
195,194
3,230
3,214
3,160
3,153
3,144
3,108
3,068
3,063
3,062
3,041
181,681
877,156
784,921
669,355
235,687
282,439
203,084
136,505
77,161
35,348
500,780
213,782
300,348
187,909
197,324
176,900
582,000
232,671
106,466
261,001
197,093
212,421
73,010
1,006,054
54,087
117,716
161,664
1,059,968
218,477
619,353
292,750
876,067
154,609
151,904
83,894
182,695
100,480
258,892
664,676
149,411
183,018
222,995
415,739
138,966
1,010,113
62,711
872,428
653,549
287,436
264,558
106,007
3,025
3,009
2,967
2,932
2,920
2,847
2,837
2,812
2,804
2,785
2,784
2,777
2,748
2,732
2,705
2,701
2,689
2,625
2,620
2,584
2,584
2,560
2,551
2,535
2,519
2,514
2,512
2,438
2,419
2,409
2,380
2,365
2,219
2,189
2,150
2,138
2,129
2,120
2,087
2,051
1,988
1,982
1,975
1,923
1,879
1,866
1,858
1,856
1,837
1,823
1,803
*
*
*
Cardinal Financial Corp.
Camden National Corp.
1st Source Corp.
FelCor Lodging Trust Inc.
Cypress Sharpridge Investments Inc.
Westfield Financial Inc.
Bancfirst Corp.
Calamos Asset Management Inc. Class A
StellarOne Corp.
Washington Trust Bancorp Inc.
Trico Bancshares
NorthStar Realty Finance Corp.
Western Alliance Bancorp
CapLease Inc.
Union Bankshares Corp.
Kearny Financial Corp.
First Bancorp
Republic Bancorp Inc. Class A
Westwood Holdings Group Inc.
Capital Southwest Corp.
Advance America Cash Advance Centers Inc.
First Financial Holdings Inc.
Presidential Life Corp.
*
International Assets Holding Corp.
First Mercury Financial Corp.
Urstadt Biddle Properties Inc. Class A
BGC Partners Inc. Class A
Stewart Information Services Corp.
Baldwin & Lyons Inc.
BankFinancial Corp.
United Financial Bancorp Inc.
First Community Bancshares Inc.
Consolidated-Tomoka Land Co.
PMI Group Inc.
Student Loan Corp.
Great Southern Bancorp Inc.
Donegal Group Inc. Class A
First BanCorp
*,^ Cardtronics Inc.
First Busey Corp.
NGP Capital Resources Co.
Glimcher Realty Trust
Heartland Financial USA Inc.
ViewPoint Financial Group
WSFS Financial Corp.
ESSA Bancorp Inc.
^
Life Partners Holdings Inc.
Wilshire Bancorp Inc.
Hersha Hospitality Trust
Oritani Financial Corp.
Winthrop Realty Trust
Sandy Spring Bancorp Inc.
CoBiz Financial Inc.
^
Capital City Bank Group Inc.
*
Strategic Hotels & Resorts Inc.
Kansas City Life Insurance Co.
*
First Marblehead Corp.
*
LaBranche & Co. Inc.
Lakeland Bancorp Inc.
Abington Bancorp Inc.
*
Avatar Holdings Inc.
*
10
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
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*
*
*
Capital City Bank Group Inc.
Meridian Interstate Bancorp Inc.
EMC Insurance Group Inc.
Rockville Financial Inc.
Penson Worldwide Inc.
Asset Acceptance Capital Corp.
Universal Insurance Holdings Inc.
Roma Financial Corp.
CompuCredit Holdings Corp.
Urstadt Biddle Properties Inc.
Pzena Investment Management Inc.
Class A
CSF Holdings Inc. Contingent
Litigation Rights
Health Care (10.9%)
*
Allscripts Healthcare Solutions Inc.
*
United Therapeutics Corp.
*
Tenet Healthcare Corp.
*
Mednax Inc.
PerkinElmer Inc.
*
BioMarin Pharmaceutical Inc.
*
Salix Pharmaceuticals Ltd.
*
Health Net Inc.
Cooper Cos. Inc.
Hill-Rom Holdings Inc.
Health Management Associates Inc.
*
Class A
*
Onyx Pharmaceuticals Inc.
*
Regeneron Pharmaceuticals Inc.
*
AMERIGROUP Corp.
*
Brookdale Senior Living Inc. Class A
STERIS Corp.
Teleflex Inc.
*
Dionex Corp.
*
Incyte Corp. Ltd.
*
LifePoint Hospitals Inc.
Emergency Medical Services Corp.
*
Class A
*
Healthsouth Corp.
*
VCA Antech Inc.
Owens & Minor Inc.
*
InterMune Inc.
*
Catalyst Health Solutions Inc.
*
HMS Holdings Corp.
*
Sirona Dental Systems Inc.
Medicis Pharmaceutical Corp. Class
A
*
Magellan Health Services Inc.
*
Thoratec Corp.
*
Haemonetics Corp.
Masimo Corp.
*
Theravance Inc.
Chemed Corp.
Talecris Biotherapeutics Holdings
*
Corp.
American Medical Systems Holdings
*
Inc.
Quality Systems Inc.
*
Pharmasset Inc.
*
Immucor Inc.
West Pharmaceutical Services Inc.
*
Cepheid Inc.
*
Par Pharmaceutical Cos. Inc.
*
Viropharma Inc.
*,^ athenahealth Inc.
*
Centene Corp.
*
Healthspring Inc.
*
Seattle Genetics Inc.
*
WellCare Health Plans Inc.
*
PSS World Medical Inc.
*
Cubist Pharmaceuticals Inc.
*
Volcano Corp.
*
Parexel International Corp.
*
Nektar Therapeutics
*
Alkermes Inc.
*
Align Technology Inc.
*
Bruker Corp.
*
Impax Laboratories Inc.
*
Acorda Therapeutics Inc.
*
Martek Biosciences Corp.
*
Integra LifeSciences Holdings Corp.
*
NuVasive Inc.
*
Auxilium Pharmaceuticals Inc.
*,^ Amedisys Inc.
*
Isis Pharmaceuticals Inc.
Meridian Bioscience Inc.
Invacare Corp.
*
Exelixis Inc.
*
Neogen Corp.
*
MedAssets Inc.
*
Questcor Pharmaceuticals Inc.
*
Cyberonics Inc.
*
HeartWare International Inc.
*
DexCom Inc.
*
Arthrocare Corp.
*
Zoll Medical Corp.
*
CONMED Corp.
*
Vivus Inc.
*
Medicines Co.
*
Gentiva Health Services Inc.
154,265
152,226
77,641
133,081
293,882
226,453
266,234
116,287
162,546
57,942
1,944
1,795
1,758
1,626
1,437
1,343
1,297
1,233
1,135
962
130,783
961
29,125
—
4,826,607
2,648,261
798,665
7,229,199
709,422
1,756,870
1,520,751
860,889
1,451,587
693,533
945,358
51,032
50,492
48,363
47,737
45,362
40,954
40,427
39,614
39,074
37,219
3,731,175
934,012
1,018,943
759,836
*
^
*
*
EMC Insurance Group Inc.
Penson Worldwide Inc.
Sterling Bancorp
First Merchants Corp.
Ames National Corp.
National Interstate Corp.
NewStar Financial Inc.
First Financial Northwest Inc.
Citizens & Northern Corp.
Gramercy Capital Corp.
South Financial Group Inc.
80,551
190,426
233,172
272,608
76,675
92,579
400,273
234,717
158,540
576,217
1,733
1,725
1,665
1,619
1,619
1,570
1,569
1,537
1,513
1,492
2,307,939
1,488
Asset Acceptance Capital Corp.
Universal Insurance Holdings Inc.
Southwest Bancorp Inc.
Roma Financial Corp.
MainSource Financial Group Inc.
Rockville Financial Inc.
Clifton Savings Bancorp Inc.
*
Meridian Interstate Bancorp Inc.
*,^ RAIT Financial Trust
^
NASB Financial Inc.
Urstadt Biddle Properties Inc.
*
Sun Bancorp Inc.
CompuCredit Holdings Corp.
205,999
234,630
188,907
104,402
261,310
118,636
127,200
136,091
838,971
42,555
57,942
211,777
222,238
1,397
1,377
1,311
1,290
1,249
1,246
1,192
1,183
1,099
991
869
794
740
35,595
34,437
33,452
33,372
*
*
*
Crawford & Co. Class B
Grubb & Ellis Co.
Crawford & Co. Class A
Teton Advisors Inc. Class B
184,574
527,468
197,221
910
727
675
659
2
1,526,282
887,027
594,963
260,057
1,817,312
807,374
32,678
32,341
32,015
30,689
30,095
29,671
*
CSF Holdings Inc. Contingent Litigation Rights
29,125
—
3,445,051
2,435,566
625,639
6,490,986
74,528
37,607
34,986
450,551
1,391,811
1,215,977
943,153
750,665
567,144
405,456
617,151
29,110
28,824
28,320
27,757
27,324
26,367
26,261
25,785
*
*
United Therapeutics Corp.
Valeant Pharmaceuticals International
PerkinElmer Inc.
Teleflex Inc.
VCA Antech Inc.
BioMarin Pharmaceutical Inc.
Bio-Rad Laboratories Inc. Class A
OSI Pharmaceuticals Inc.
645,536
1,041,170
1,574,534
535,878
1,145,725
1,353,019
255,521
782,795
33,987
33,099
32,420
28,878
28,551
25,450
24,648
24,290
896,241
497,104
827,065
367,213
788,312
908,945
339,421
24,010
23,503
23,422
23,201
22,916
22,787
21,557
Owens & Minor Inc.
Onyx Pharmaceuticals Inc.
Health Management Associates Inc. Class A
Cooper Cos. Inc.
LifePoint Hospitals Inc.
Healthsouth Corp.
STERIS Corp.
563,621
824,545
3,327,598
609,563
702,211
1,191,302
790,576
24,196
24,192
24,192
23,237
22,829
22,361
22,112
916,818
21,362
801,502
21,681
1,131,842
301,359
480,555
1,042,358
495,024
889,528
523,718
1,160,791
482,816
770,403
723,816
1,282,737
632,929
841,759
879,537
679,864
870,935
1,402,689
1,415,929
845,019
982,797
802,519
578,777
498,023
324,550
586,293
709,557
429,215
1,402,707
604,666
442,421
1,617,940
320,786
644,688
878,296
415,823
143,040
916,858
401,970
320,057
428,559
1,207,982
794,060
421,791
21,347
21,041
20,861
20,670
20,395
20,237
20,168
20,105
19,786
19,522
19,203
19,177
19,127
19,024
18,822
18,567
18,490
18,025
17,388
16,512
16,314
16,139
15,777
15,588
15,351
15,038
14,972
14,379
14,195
14,004
13,343
13,283
13,162
13,016
12,937
12,899
12,526
12,515
12,485
11,916
11,327
11,319
11,220
11,220
571,220
763,331
376,706
841,174
389,959
660,691
475,765
1,002,177
802,684
950,951
346,545
708,208
740,582
617,802
504,172
374,759
802,728
879,648
238,797
960,179
443,689
353,303
508,473
250,403
481,980
720,917
779,349
303,475
383,756
762,222
1,260,245
764,421
294,477
611,865
513,441
1,405,870
469,036
889,846
907,394
1,273,396
546,671
1,250,010
660,226
1,122,434
20,998
20,549
20,399
20,340
20,098
20,098
19,378
19,332
19,256
19,247
19,112
19,093
18,811
18,522
18,387
18,198
18,118
17,795
17,640
17,466
17,393
17,202
16,261
15,723
15,298
15,240
14,784
14,558
14,448
14,116
13,989
13,622
13,322
12,953
12,949
12,807
12,692
12,111
12,105
11,983
11,781
11,650
11,627
11,404
*
Health Care (11.9%)
*
Human Genome Sciences Inc.
*
Mednax Inc.
*
Tenet Healthcare Corp.
*
*
*
*
*
*
*
*
Medicis Pharmaceutical Corp. Class A
*
*
*
*
*
*
*
*
WellCare Health Plans Inc.
Thoratec Corp.
Emergency Medical Services Corp. Class A
Regeneron Pharmaceuticals Inc.
Varian Inc.
Masimo Corp.
Magellan Health Services Inc.
American Medical Systems Holdings Inc.
Hill-Rom Holdings Inc.
*
Immucor Inc.
*
Haemonetics Corp.
*
AMERIGROUP Corp.
*
Salix Pharmaceuticals Ltd.
*
Auxilium Pharmaceuticals Inc.
*
Catalyst Health Solutions Inc.
*,^ Amedisys Inc.
*
PSS World Medical Inc.
*
Allscripts-Misys Healthcare Solutions Inc.
*
Dionex Corp.
*
Brookdale Senior Living Inc.
West Pharmaceutical Services Inc.
*
HMS Holdings Corp.
*
NuVasive Inc.
Quality Systems Inc.
*
Sirona Dental Systems Inc.
*
Psychiatric Solutions Inc.
*
Cubist Pharmaceuticals Inc.
Chemed Corp.
*
Medivation Inc.
*
Eclipsys Corp.
*
Isis Pharmaceuticals Inc.
*
Align Technology Inc.
*
athenahealth Inc.
*
Centene Corp.
*
Acorda Therapeutics Inc.
*
Incyte Corp. Ltd.
*
Par Pharmaceutical Cos. Inc.
*
Savient Pharmaceuticals Inc.
*
ev3 Inc.
*
Alkermes Inc.
Meridian Bioscience Inc.
*
Nektar Therapeutics
*
Healthspring Inc.
*
Seattle Genetics Inc.
11
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*
*
Savient Pharmaceuticals Inc.
PDL BioPharma Inc.
MWI Veterinary Supply Inc.
Sequenom Inc.
Luminex Corp.
Universal American Corp.
NxStage Medical Inc.
Insulet Corp.
Amsurg Corp. Class A
Ariad Pharmaceuticals Inc.
MannKind Corp.
Analogic Corp.
Halozyme Therapeutics Inc.
IPC The Hospitalist Co. Inc.
Air Methods Corp.
Momenta Pharmaceuticals Inc.
Immunogen Inc.
Geron Corp.
Hanger Orthopedic Group Inc.
Wright Medical Group Inc.
Targacept Inc.
Abaxis Inc.
Enzon Pharmaceuticals Inc.
Micromet Inc.
RehabCare Group Inc.
Landauer Inc.
Greatbatch Inc.
Emeritus Corp.
Bio-Reference Labs Inc.
Inspire Pharmaceuticals Inc.
NPS Pharmaceuticals Inc.
Celera Corp.
SIGA Technologies Inc.
Orthofix International NV
Ardea Biosciences Inc.
Medivation Inc.
Emergent Biosolutions Inc.
LHC Group Inc.
Omnicell Inc.
1,006,628
1,782,458
174,548
1,344,604
566,846
505,103
398,158
634,342
460,254
1,888,124
1,186,645
191,792
1,195,164
242,107
167,543
626,800
1,011,489
1,785,934
435,277
583,955
341,008
332,583
723,314
1,082,919
370,917
140,045
346,322
421,319
372,545
924,640
981,030
1,220,330
546,581
262,719
289,545
489,183
309,744
236,317
487,086
11,214
11,105
11,023
10,784
10,362
10,329
9,906
9,832
9,642
9,629
9,564
9,496
9,466
9,445
9,428
9,383
9,366
9,233
9,224
9,069
9,037
8,930
8,803
8,793
8,791
8,398
8,364
8,304
8,263
7,767
7,750
7,688
7,652
7,619
7,528
7,421
7,267
7,090
7,038
Computer Programs & Systems Inc.
Accelrys Inc.
Protalix BioTherapeutics Inc.
ICU Medical Inc.
SonoSite Inc.
Sabra Healthcare REIT Inc.
Emdeon Inc. Class A
Medidata Solutions Inc.
Merit Medical Systems Inc.
Molina Healthcare Inc.
Natus Medical Inc.
Select Medical Holdings Corp.
Conceptus Inc.
Rigel Pharmaceuticals Inc.
MAKO Surgical Corp.
Triple-S Management Corp. Class B
Healthways Inc.
AMAG Pharmaceuticals Inc.
Angiodynamics Inc.
Opko Health Inc.
Accretive Health Inc.
Allos Therapeutics Inc.
eResearchTechnology Inc.
Affymetrix Inc.
Alnylam Pharmaceuticals Inc.
Quidel Corp.
PharMerica Corp.
National Healthcare Corp.
Corvel Corp.
Akorn Inc.
Accuray Inc.
Genoptix Inc.
Cantel Medical Corp.
Symmetry Medical Inc.
MAP Pharmaceuticals Inc.
Almost Family Inc.
Metabolix Inc.
Assisted Living Concepts Inc. Class
A
Genomic Health Inc.
ABIOMED Inc.
Clinical Data Inc.
Sun Healthcare Group Inc.
Atrion Corp.
Orexigen Therapeutics Inc.
Ensign Group Inc.
Cadence Pharmaceuticals Inc.
Unilife Corp.
Sunrise Senior Living Inc.
Sangamo Biosciences Inc.
Durect Corp.
XenoPort Inc.
BioMimetic Therapeutics Inc.
Cell Therapeutics Inc.
OraSure Technologies Inc.
Cypress Bioscience Inc.
Palomar Medical Technologies Inc.
Arqule Inc.
Team Health Holdings Inc.
Pain Therapeutics Inc.
Kensey Nash Corp.
Lexicon Pharmaceuticals Inc.
147,450
823,288
663,135
180,053
206,135
352,108
473,502
266,497
399,680
221,836
430,040
832,585
439,321
774,654
382,315
299,656
509,121
312,963
368,194
1,522,877
338,513
1,174,273
727,274
1,055,606
533,795
361,412
455,960
112,605
105,948
836,478
744,765
262,897
213,273
537,033
287,868
124,004
381,682
6,907
6,833
6,618
6,572
6,514
6,479
6,411
6,364
6,327
6,178
6,098
6,086
6,063
5,833
5,819
5,717
5,682
5,665
5,659
5,589
5,501
5,413
5,345
5,310
5,263
5,222
5,221
5,210
5,123
5,077
5,027
5,000
4,991
4,968
4,819
4,764
4,645
142,106
215,635
478,508
288,485
350,604
24,165
527,292
169,781
553,187
785,479
750,350
606,956
1,161,565
463,296
309,666
10,723,002
652,626
578,135
262,413
634,206
239,341
539,631
130,880
2,510,527
4,623
4,612
4,598
4,590
4,439
4,337
4,261
4,222
4,177
4,163
4,089
4,030
4,007
3,947
3,933
3,914
3,753
3,746
3,729
3,723
3,719
3,643
3,642
3,615
PDL BioPharma Inc.
Parexel International Corp.
Bruker Corp.
Exelixis Inc.
Integra LifeSciences Holdings Corp.
Volcano Corp.
Gentiva Health Services Inc.
Wright Medical Group Inc.
Invacare Corp.
*
RehabCare Group Inc.
*
Cepheid Inc.
*
Impax Laboratories Inc.
*,^ Vivus Inc.
*
Amsurg Corp. Class A
*
Phase Forward Inc.
*
Conmed Corp.
*
AMAG Pharmaceuticals Inc.
*
Viropharma Inc.
*,^ Cell Therapeutics Inc.
*
Theravance Inc.
*
Martek Biosciences Corp.
*
Alnylam Pharmaceuticals Inc.
*
Healthways Inc.
*
MedAssets Inc.
*
Luminex Corp.
*,^ MannKind Corp.
*
Kindred Healthcare Inc.
Landauer Inc.
*
Conceptus Inc.
*
Cyberonics Inc.
*
Celera Corp.
*
Zoll Medical Corp.
*
Abaxis Inc.
*
LHC Group Inc.
*
inVentiv Health Inc.
*
Universal American Corp.
*
Odyssey HealthCare Inc.
*
Merit Medical Systems Inc.
*
InterMune Inc.
1,612,190
779,452
885,724
1,448,011
287,664
587,919
373,041
520,805
393,329
321,670
784,189
706,059
1,011,880
413,649
583,001
392,334
230,884
1,044,619
7,560,185
653,065
448,287
478,406
454,780
377,722
531,603
898,690
421,111
126,135
412,336
374,204
1,103,481
284,468
296,616
223,841
452,816
624,313
444,025
358,033
528,382
11,060
10,990
10,682
10,672
10,580
10,218
10,076
9,869
9,810
9,788
9,787
9,602
9,299
9,109
8,949
8,945
8,781
8,764
8,619
8,536
8,491
8,430
8,341
8,011
7,937
7,873
7,774
7,745
7,735
7,649
7,625
7,601
7,579
7,523
7,322
7,304
6,918
6,906
6,890
*,^
*
*
*
*
Geron Corp.
XenoPort Inc.
Halozyme Therapeutics Inc.
Neogen Corp.
Allos Therapeutics Inc.
Analogic Corp.
*
PharMerica Corp.
*
ICU Medical Inc.
*
Orthofix International NV
*,^ Enzon Pharmaceuticals Inc.
*
Rigel Pharmaceuticals Inc.
*
Bio-Reference Labs Inc.
*
Affymax Inc.
*
IPC The Hospitalist Co. Inc.
Computer Programs & Systems Inc.
*
Insulet Corp.
*
Greatbatch Inc.
*
Momenta Pharmaceuticals Inc.
*
Medicines Co.
*
Pharmasset Inc.
*
Hanger Orthopedic Group Inc.
*
MWI Veterinary Supply Inc.
*
Facet Biotech Corp.
*
Immunogen Inc.
*
Natus Medical Inc.
*
Affymetrix Inc.
*
SonoSite Inc.
*,^ Emeritus Corp.
*
Sun Healthcare Group Inc.
*
Targacept Inc.
*
Inspire Pharmaceuticals Inc.
*
Quidel Corp.
*
Angiodynamics Inc.
*
Air Methods Corp.
*
Genoptix Inc.
*
Triple-S Management Corp. Class B
*
Omnicell Inc.
1,230,806
367,431
1,149,261
284,221
1,014,913
172,449
411,645
179,218
208,146
611,810
671,156
158,082
250,014
184,401
132,972
421,174
312,280
473,089
710,639
284,591
424,062
155,123
330,801
731,032
381,733
951,024
233,968
292,043
588,776
256,306
941,586
366,057
313,479
149,158
138,384
275,638
407,263
6,831
6,820
6,746
6,710
6,668
6,641
6,537
6,531
6,446
6,442
6,383
6,195
6,185
6,131
6,123
6,014
6,005
5,966
5,927
5,891
5,865
5,848
5,815
5,746
5,646
5,554
5,529
5,476
5,399
5,362
5,198
5,044
5,041
5,015
4,917
4,851
4,761
*
*,^
*
*
*
*
*
*
*
*
*
*
*
*,^
*
*
*
*
*
*
*
*
*
*
201,142
1,254,227
528,356
604,614
441,770
172,788
99,579
214,529
484,854
191,005
113,433
339,312
193,334
569,031
427,126
375,421
781,167
191,234
135,778
130,217
610,693
687,297
215,668
557,909
4,558
4,453
4,269
4,027
4,002
3,952
3,936
3,917
3,908
3,854
3,805
3,800
3,782
3,767
3,733
3,720
3,711
3,501
3,462
3,434
3,426
3,368
3,364
3,353
*
*
*
*
*
*
*
SurModics Inc.
Arena Pharmaceuticals Inc.
DexCom Inc.
Micromet Inc.
AMN Healthcare Services Inc.
Molina Healthcare Inc.
Almost Family Inc.
Clinical Data Inc.
Symmetry Medical Inc.
Cantel Medical Corp.
Corvel Corp.
Res-Care Inc.
Genomic Health Inc.
Protalix BioTherapeutics Inc.
ABIOMED Inc.
Cross Country Healthcare Inc.
Questcor Pharmaceuticals Inc.
Kendle International Inc.
Kensey Nash Corp.
Assisted Living Concepts Inc. Class A
Accuray Inc.
Nabi Biopharmaceuticals
Medidata Solutions Inc.
eResearchTechnology Inc.
12
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
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*
*
*
*
*
*
*
*,^
*
*
Cross Country Healthcare Inc.
Medcath Corp.
PROLOR Biotech Inc.
Obagi Medical Products Inc.
AMN Healthcare Services Inc.
Dyax Corp.
Codexis Inc.
Ironwood Pharmaceuticals Inc.
Arena Pharmaceuticals Inc.
Vital Images Inc.
Biotime Inc.
IRIS International Inc.
Skilled Healthcare Group Inc.
Nabi Biopharmaceuticals
SurModics Inc.
Idenix Pharmaceuticals Inc.
Enzo Biochem Inc.
Synovis Life Technologies Inc.
Progenics Pharmaceuticals Inc.
Stereotaxis Inc.
Pozen Inc.
Exactech Inc.
416,344
244,055
519,977
275,326
487,467
1,393,363
279,312
284,999
1,680,293
202,803
335,268
272,761
309,780
480,215
232,952
548,303
513,018
167,878
488,496
693,259
358,260
125,584
3,526
3,405
3,364
3,180
2,993
2,982
2,961
2,950
2,890
2,835
2,793
2,790
2,782
2,780
2,765
2,763
2,709
2,705
2,667
2,655
2,382
2,363
*,^
*
*
*,^
*
*
*
*
*
*
*
*
*
*
*
*
*,^
*
*
*
*
*
*,^
*
*
*
*,^
*
*
*,^
*
*,^
*
Ligand Pharmaceuticals Inc. Class B
TomoTherapy Inc.
China Biologic Products Inc.
RTI Biologics Inc.
CryoLife Inc.
Orthovita Inc.
Osiris Therapeutics Inc.
Alliance HealthCare Services Inc.
Albany Molecular Research Inc.
Biospecifics Technologies Corp.
Alimera Sciences Inc.
MELA Sciences Inc.
St. Jude Medical Inc.
Caraco Pharmaceutical Laboratories
Ltd.
Sucampo Pharmaceuticals Inc. Class
A
264,637
649,763
139,720
817,698
400,343
1,037,156
246,039
434,046
322,863
66,373
117,588
362,392
25,009
2,361
2,346
2,290
2,183
2,170
2,085
1,917
1,840
1,814
1,699
1,221
1,214
1,069
*
*
Industrials (16.3%)
*
WABCO Holdings Inc.
Gardner Denver Inc.
*
BE Aerospace Inc.
*
TransDigm Group Inc.
Snap-On Inc.
Kennametal Inc.
*
Oshkosh Corp.
IDEX Corp.
Hubbell Inc. Class B
Waste Connections Inc.
Baldor Electric Co.
Nordson Corp.
*
Corrections Corp. of America
Lincoln Electric Holdings Inc.
*
AMR Corp.
Regal-Beloit Corp.
Wabtec Corp.
*
Thomas & Betts Corp.
Acuity Brands Inc.
Carlisle Cos. Inc.
*
GrafTech International Ltd.
Graco Inc.
*
Kirby Corp.
*
WESCO International Inc.
Lennox International Inc.
Woodward Governor Co.
CLARCOR Inc.
UTi Worldwide Inc.
Trinity Industries Inc.
*
Genesee & Wyoming Inc. Class A
*
Esterline Technologies Corp.
Crane Co.
Landstar System Inc.
*
Alaska Air Group Inc.
Toro Co.
Con-way Inc.
*
Clean Harbors Inc.
*
EMCOR Group Inc.
Valmont Industries Inc.
*
ArvinMeritor Inc.
*
General Cable Corp.
Actuant Corp. Class A
*
Hexcel Corp.
Triumph Group Inc.
Belden Inc.
Manitowoc Co. Inc.
*
Geo Group Inc.
*
JetBlue Airways Corp.
Alexander & Baldwin Inc.
GATX Corp.
*
US Airways Group Inc.
*
Avis Budget Group Inc.
Brady Corp. Class A
*
Teledyne Technologies Inc.
Watsco Inc.
*
Moog Inc. Class A
*
Tetra Tech Inc.
Curtiss-Wright Corp.
*
EnerSys
*
United Stationers Inc.
144,231
655
117,027
449
2,626,898
959,295
779,311
1,447,865
698,054
865,556
1,220,061
1,347,957
1,213,657
785,925
1,641,132
664,952
455,146
1,646,117
631,968
4,962,966
574,386
713,590
778,391
648,495
907,986
1,801,144
897,111
763,303
632,087
689,061
862,685
754,011
1,513,385
1,188,562
579,312
447,134
745,535
742,041
533,314
483,791
811,021
352,651
987,883
313,715
1,330,585
775,931
1,011,566
1,446,446
288,333
696,829
1,954,633
1,017,011
3,715,098
613,035
689,329
2,402,688
1,531,317
729,087
539,727
376,194
583,437
919,404
686,140
694,633
348,082
58,450
53,632
53,614
50,267
48,973
48,144
47,502
47,478
47,258
45,180
41,919
41,819
41,252
41,249
38,661
38,346
37,742
37,596
37,399
36,083
35,735
35,391
33,623
33,374
32,586
32,402
32,340
32,084
31,628
30,675
30,669
30,619
30,379
30,234
29,821
29,659
29,651
28,629
27,836
27,304
27,227
26,928
26,166
25,780
25,657
25,625
25,079
24,557
24,540
24,320
24,051
23,827
23,776
23,732
23,730
23,221
23,040
22,780
22,312
22,211
National Healthcare Corp.
Atrion Corp.
Cadence Pharmaceuticals Inc.
Zymogenetics Inc.
Orthovita Inc.
Sequenom Inc.
Sangamo Biosciences Inc.
Dyax Corp.
OraSure Technologies Inc.
Ligand Pharmaceuticals Inc. Class B
IRIS International Inc.
Cypress Bioscience Inc.
Somanetics Corp.
RTI Biologics Inc.
Orexigen Therapeutics Inc.
Lexicon Pharmaceuticals Inc.
Albany Molecular Research Inc.
Pain Therapeutics Inc.
Electro-Optical Sciences Inc.
Emergent Biosolutions Inc.
Durect Corp.
Enzo Biochem Inc.
92,498
21,390
341,438
514,139
930,078
786,723
547,140
947,574
617,391
1,411,530
243,252
518,414
162,891
734,993
377,275
1,618,013
300,004
485,519
244,166
184,085
1,001,709
456,724
3,340
3,331
3,302
3,285
3,265
3,257
3,239
3,212
3,136
3,063
3,007
2,986
2,859
2,822
2,807
2,751
2,724
2,602
2,530
2,502
2,474
2,457
*
Chindex International Inc.
*,^ MAKO Surgical Corp.
*,^ SIGA Technologies Inc.
Ensign Group Inc.
*
CryoLife Inc.
*
Palomar Medical Technologies Inc.
*
Vital Images Inc.
*
NPS Pharmaceuticals Inc.
*
Arqule Inc.
*
Stereotaxis Inc.
*
ATS Medical Inc.
*
Skilled Healthcare Group Inc.
*
Synovis Life Technologies Inc.
171,167
215,969
406,886
153,412
365,115
232,328
183,090
643,904
574,638
532,607
636,147
272,956
156,164
2,419
2,397
2,360
2,358
2,344
2,342
2,323
2,189
2,120
2,093
2,055
2,034
2,016
*
Alliance HealthCare Services Inc.
349,738
1,997
*
*
*
*
*
*
*,^
*,^
*
*
*
*
*
*,^
*
*
*
*,^
*
*
*,^
*
*
*
*
*,^
*
*
Sunrise Senior Living Inc.
Exactech Inc.
Pozen Inc.
TomoTherapy Inc.
Progenics Pharmaceuticals Inc.
Opko Health Inc.
Maxygen Inc.
Cel-Sci Corp.
Medcath Corp.
MAP Pharmaceuticals Inc.
Biospecifics Technologies Corp.
Clarient Inc.
Myriad Pharmaceuticals Inc.
Osiris Therapeutics Inc.
OncoGenex Pharmaceutical Inc.
Cynosure Inc. Class A
KV Pharmaceutical Co. Class A
XOMA Ltd.
Akorn Inc.
Nighthawk Radiology Holdings Inc.
Virtual Radiologic Corp.
Hansen Medical Inc.
CardioNet Inc.
Idenix Pharmaceuticals Inc.
Caraco Pharmaceutical Laboratories Ltd.
GTx Inc.
Sucampo Pharmaceuticals Inc. Class A
KV Pharmaceutical Co. Class B
616,928
112,971
323,034
489,234
427,451
1,026,424
306,786
2,067,039
224,333
182,142
57,518
625,646
322,984
222,322
69,639
132,739
402,495
2,090,380
793,208
305,181
96,077
400,097
195,232
449,056
155,908
221,176
99,958
53,281
1,987
1,956
1,935
1,908
1,898
1,878
1,868
1,860
1,774
1,736
1,688
1,658
1,625
1,587
1,552
1,525
1,477
1,461
1,420
1,382
1,226
1,212
1,160
965
942
929
404
210
2,062,471
1,179,764
1,553,982
1,080,622
1,089,012
1,862,731
700,329
778,612
573,753
1,296,458
701,530
2,253,669
1,096,795
826,351
1,614,847
575,779
692,253
1,110,305
713,025
1,623,699
483,283
640,000
407,920
609,543
523,167
689,743
888,862
565,264
808,428
661,375
687,198
817,090
824,732
581,224
43,687
38,150
36,028
33,923
33,380
33,126
32,904
30,673
30,467
29,850
29,095
28,429
28,311
28,098
27,361
26,839
26,325
25,519
25,249
25,102
24,986
24,957
24,894
24,845
24,024
23,910
23,119
23,097
23,089
22,293
22,200
21,253
20,715
Industrials (16.0%)
Oshkosh Corp.
Corrections Corp. of America
Waste Connections Inc.
IDEX Corp.
*
Continental Airlines Inc. Class B
Hubbell Inc. Class B
Snap-On Inc.
Lincoln Electric Holdings Inc.
*
BE Aerospace Inc.
Gardner Denver Inc.
*
UAL Corp.
Kennametal Inc.
Carlisle Cos. Inc.
*
Monster Worldwide Inc.
Towers Watson & Co. Class A
Landstar System Inc.
Timken Co.
*
Thomas & Betts Corp.
*
GrafTech International Ltd.
Regal-Beloit Corp.
Lennox International Inc.
Nordson Corp.
Wabtec Corp.
TransDigm Group Inc.
*
Kirby Corp.
*
EMCOR Group Inc.
*,^ American Superconductor Corp.
Graco Inc.
Con-way Inc.
CLARCOR Inc.
*
Tetra Tech Inc.
Woodward Governor Co.
Acuity Brands Inc.
*
*
13
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
*
Middleby Corp.
AO Smith Corp.
Atlas Air Worldwide Holdings Inc.
HNI Corp.
*
United Rentals Inc.
*,^ American Superconductor Corp.
Herman Miller Inc.
Kaydon Corp.
*
Old Dominion Freight Line Inc.
Rollins Inc.
*
HUB Group Inc. Class A
Corporate Executive Board Co.
Brink's Co.
Applied Industrial Technologies Inc.
Mueller Industries Inc.
Simpson Manufacturing Co. Inc.
*
Dollar Thrifty Automotive Group Inc.
*
II-VI Inc.
Knight Transportation Inc.
Deluxe Corp.
*
Polypore International Inc.
*
USG Corp.
ABM Industries Inc.
*
CoStar Group Inc.
Watts Water Technologies Inc. Class
A
*
DigitalGlobe Inc.
*
AAR Corp.
Mine Safety Appliances Co.
*
Korn/Ferry International
Werner Enterprises Inc.
261,989
570,129
385,069
670,804
901,033
716,225
807,409
497,859
624,639
990,828
551,937
510,121
698,447
568,184
562,297
588,994
384,689
391,409
933,232
764,188
431,234
1,036,786
658,616
292,931
22,117
21,711
21,498
20,929
20,498
20,477
20,427
20,273
19,982
19,569
19,395
19,155
18,774
18,455
18,387
18,206
18,180
18,146
17,731
17,592
17,564
17,449
17,322
16,861
444,631
511,862
587,924
513,342
691,059
702,846
16,269
16,231
16,150
15,980
15,970
15,884
*
Insituform Technologies Inc. Class A
Healthcare Services Group Inc.
ESCO Technologies Inc.
Robbins & Myers Inc.
Briggs & Stratton Corp.
Orbital Sciences Corp.
Chart Industries Inc.
Barnes Group Inc.
Granite Construction Inc.
AirTran Holdings Inc.
GeoEye Inc.
Macquarie Infrastructure Co. LLC
Skywest Inc.
Heartland Express Inc.
Armstrong World Industries Inc.
Resources Connection Inc.
Steelcase Inc. Class A
EnPro Industries Inc.
RBC Bearings Inc.
Acacia Research - Acacia
Technologies
Forward Air Corp.
Unifirst Corp.
SYKES Enterprises Inc.
Beacon Roofing Supply Inc.
Wabash National Corp.
HEICO Corp.
TrueBlue Inc.
Knoll Inc.
Raven Industries Inc.
584,433
929,392
395,038
416,763
749,177
860,555
426,909
695,022
519,472
1,918,809
329,067
646,171
837,389
809,803
300,608
691,530
1,206,940
306,057
323,702
15,493
15,121
14,948
14,912
14,751
14,741
14,421
14,366
14,249
14,180
13,949
13,679
13,080
12,973
12,926
12,856
12,757
12,720
12,650
486,873
431,748
222,053
599,770
679,462
1,017,188
233,004
655,838
700,340
241,693
12,629
12,253
12,224
12,151
12,142
12,054
11,890
11,799
11,717
11,526
American Science & Engineering Inc.
Franklin Electric Co. Inc.
*
Ceradyne Inc.
Cubic Corp.
Interface Inc. Class A
Kaman Corp.
*
Interline Brands Inc.
*
Griffon Corp.
*
Advisory Board Co.
Lindsay Corp.
Seaboard Corp.
*
Ladish Co. Inc.
CIRCOR International Inc.
*
Mobile Mini Inc.
Quanex Building Products Corp.
Administaff Inc.
Allegiant Travel Co. Class A
Universal Forest Products Inc.
*
Layne Christensen Co.
Ameron International Corp.
*
MasTec Inc.
Albany International Corp.
Arkansas Best Corp.
*
Amerco Inc.
Tennant Co.
^
Titan International Inc.
Tutor Perini Corp.
*,^ A123 Systems Inc.
134,496
294,091
359,125
239,387
718,891
386,252
491,644
872,692
232,276
185,892
5,456
222,126
254,420
541,726
560,227
350,629
205,263
259,120
290,378
130,816
679,670
414,895
358,132
102,088
254,509
499,817
455,572
1,013,782
11,463
11,446
11,323
11,287
11,251
11,228
11,195
11,118
11,063
11,048
10,863
10,798
10,757
10,667
10,628
10,273
10,107
10,080
9,995
9,990
9,916
9,829
9,820
9,805
9,776
9,766
9,754
9,671
2,299,733
605,317
212,433
71,499
285,955
339,401
276,260
828,321
276,585
575,787
9,590
9,540
9,394
9,296
9,268
8,899
8,699
8,656
8,549
8,493
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
Mueller Water Products Inc. Class A
Blount International Inc.
Badger Meter Inc.
National Presto Industries Inc.
Astec Industries Inc.
McGrath Rentcorp
3D Systems Corp.
Aircastle Ltd.
G&K Services Inc. Class A
Dycom Industries Inc.
*
701,190
484,211
657,905
248,005
631,141
614,660
318,152
553,696
1,069,567
1,283,434
375,101
320,117
1,375,865
620,926
461,564
3,239,269
1,761,303
1,256,645
1,303,897
517,670
596,884
894,227
473,760
400,820
20,629
20,245
19,744
19,456
19,326
19,251
18,965
18,953
18,653
18,379
18,372
18,199
18,051
17,852
17,706
17,654
17,560
17,266
16,925
16,897
16,766
16,570
16,373
16,341
841,253
552,968
448,180
469,493
692,012
541,367
16,228
16,163
16,027
15,803
15,141
14,622
515,846
529,324
584,070
628,747
315,386
616,075
501,251
936,952
354,771
750,126
674,517
503,136
629,028
581,532
396,902
460,832
588,718
795,237
473,856
14,253
14,234
14,216
13,782
13,685
13,474
13,449
13,164
12,719
12,692
12,620
12,498
12,448
12,340
12,272
12,226
12,163
12,143
12,069
Herman Miller Inc.
AAR Corp.
Healthcare Services Group Inc.
Insituform Technologies Inc. Class A
Orbital Sciences Corp.
Rollins Inc.
Old Dominion Freight Line Inc.
Applied Industrial Technologies Inc.
Otter Tail Corp.
Middleby Corp.
753,924
524,080
557,010
523,761
761,921
601,959
377,267
513,812
456,348
225,003
12,048
12,043
11,953
11,900
11,627
11,606
11,582
11,340
11,317
11,030
CoStar Group Inc.
Triumph Group Inc.
II-VI Inc.
Mueller Water Products Inc. Class A
*
Atlas Air Worldwide Holdings Inc.
*
Armstrong World Industries Inc.
Corporate Executive Board Co.
*
US Airways Group Inc.
Barnes Group Inc.
Deluxe Corp.
*
MasTec Inc.
*
Korn/Ferry International
*
Navigant Consulting Inc.
Forward Air Corp.
*
Beacon Roofing Supply Inc.
Arkansas Best Corp.
American Science & Engineering Inc.
*
AirTran Holdings Inc.
Robbins & Myers Inc.
*
Griffon Corp.
*
TrueBlue Inc.
Universal Forest Products Inc.
Quanex Building Products Corp.
*,^ Genco Shipping & Trading Ltd.
EnergySolutions Inc.
*
Dollar Thrifty Automotive Group Inc.
Albany International Corp.
Cubic Corp.
260,644
224,768
338,751
2,063,375
287,710
270,917
460,354
2,136,168
609,160
689,818
812,962
615,804
674,487
390,759
608,785
324,077
119,449
1,705,398
376,504
722,593
590,375
234,427
507,885
384,952
1,012,737
335,675
371,659
216,366
10,887
10,845
10,772
10,730
10,717
10,547
10,505
10,339
10,295
10,202
10,162
10,161
10,023
9,789
9,741
9,538
9,059
8,902
8,855
8,830
8,743
8,629
8,619
8,615
8,598
8,597
8,347
8,070
346,235
161,550
190,675
437,744
262,228
118,001
352,208
309,799
238,409
249,006
7,995
7,620
7,593
7,560
7,529
7,488
7,418
7,308
7,245
7,241
*
*
*
*
*
*
*
*
*
*
*
*
*
General Cable Corp.
Toro Co.
Brady Corp. Class A
Valmont Industries Inc.
Crane Co.
Curtiss-Wright Corp.
Clean Harbors Inc.
Alexander & Baldwin Inc.
Trinity Industries Inc.
UTi Worldwide Inc.
Watsco Inc.
United Stationers Inc.
Avis Budget Group Inc.
GATX Corp.
Teledyne Technologies Inc.
JetBlue Airways Corp.
Manitowoc Co. Inc.
MPS Group Inc.
Hexcel Corp.
Genesee & Wyoming Inc. Class A
Baldor Electric Co.
Actuant Corp. Class A
Alaska Air Group Inc.
Esterline Technologies Corp.
Knight Transportation Inc.
Moog Inc. Class A
Kaydon Corp.
Granite Construction Inc.
Geo Group Inc.
WESCO International Inc.
HNI Corp.
Simpson Manufacturing Co. Inc.
Brink's Co.
Belden Inc.
AO Smith Corp.
*
EnerSys
*
HUB Group Inc. Class A
*,^ USG Corp.
ESCO Technologies Inc.
Skywest Inc.
Briggs & Stratton Corp.
Mueller Industries Inc.
Werner Enterprises Inc.
*
Resources Connection Inc.
Watts Water Technologies Inc. Class A
Mine Safety Appliances Co.
ABM Industries Inc.
Heartland Express Inc.
*
SYKES Enterprises Inc.
*
*
*
*
*
*
*
Kaman Corp.
*,^ Allegiant Travel Co. Class A
Badger Meter Inc.
*
Interline Brands Inc.
*
Layne Christensen Co.
Ameron International Corp.
*
Orion Marine Group Inc.
Administaff Inc.
*
EnerNOC Inc.
Franklin Electric Co. Inc.
14
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
John Bean Technologies Corp.
*,^ Higher One Holdings Inc.
*
Huron Consulting Group Inc.
NACCO Industries Inc. Class A
*
Kforce Inc.
*
Kelly Services Inc. Class A
*
Consolidated Graphics Inc.
Viad Corp.
*
Exponent Inc.
*
Rush Enterprises Inc. Class A
*
SFN Group Inc.
*
RSC Holdings Inc.
Heidrick & Struggles International
Inc.
Comfort Systems USA Inc.
AZZ Inc.
*
Greenbrier Cos. Inc.
Gorman-Rupp Co.
Applied Signal Technology Inc.
Sun Hydraulics Corp.
TAL International Group Inc.
*
ACCO Brands Corp.
Encore Wire Corp.
Tredegar Corp.
*
Navigant Consulting Inc.
*,^ Genco Shipping & Trading Ltd.
*
ICF International Inc.
Ennis Inc.
*
Colfax Corp.
Cascade Corp.
*
Generac Holdings Inc.
*
Team Inc.
Federal Signal Corp.
*
LB Foster Co. Class A
EnergySolutions Inc.
*
MYR Group Inc.
*,^ EnerNOC Inc.
Great Lakes Dredge & Dock Corp.
*
Aerovironment Inc.
*
Dolan Co.
*
Hawaiian Holdings Inc.
HEICO Corp. Class A
*
Force Protection Inc.
Apogee Enterprises Inc.
Standex International Corp.
*
KAR Auction Services Inc.
*
Columbus McKinnon Corp.
*
Gibraltar Industries Inc.
Marten Transport Ltd.
*,^ Harbin Electric Inc.
AAON Inc.
*
Trimas Corp.
FreightCar America Inc.
Vicor Corp.
*
Sauer-Danfoss Inc.
*
Republic Airways Holdings Inc.
*
H&E Equipment Services Inc.
*
RailAmerica Inc.
*
Trex Co. Inc.
Schawk Inc. Class A
*
Celadon Group Inc.
*
Orion Marine Group Inc.
*
Eagle Bulk Shipping Inc.
US Ecology Inc.
*
Cenveo Inc.
Dynamic Materials Corp.
*
Kadant Inc.
*
CBIZ Inc.
*
Taser International Inc.
*
American Reprographics Co.
*,^ Ener1 Inc.
*
Powell Industries Inc.
*
Furmanite Corp.
*
M&F Worldwide Corp.
*
Standard Parking Corp.
*
Saia Inc.
*
School Specialty Inc.
*
CRA International Inc.
*
Michael Baker Corp.
*
GenCorp Inc.
*
Titan Machinery Inc.
CDI Corp.
Ampco-Pittsburgh Corp.
*
Pacer International Inc.
*,^ Advanced Battery Technologies Inc.
*
Capstone Turbine Corp.
*
Fushi Copperweld Inc.
*
Metalico Inc.
*,^ China Valves Technology Inc.
Aceto Corp.
American Woodmark Corp.
Houston Wire & Cable Co.
*
Northwest Pipe Co.
Ducommun Inc.
*
American Railcar Industries Inc.
*
Sterling Construction Co. Inc.
*,^ Lihua International Inc.
*
Innerworkings Inc.
Douglas Dynamics Inc.
Kimball International Inc. Class B
*,^ YRC Worldwide Inc.
419,306
414,537
311,816
75,365
499,730
420,625
163,093
305,950
206,573
378,433
784,139
769,103
8,441
8,386
8,248
8,167
8,086
7,908
7,899
7,793
7,753
7,735
7,653
7,491
260,914
564,125
185,011
351,467
223,267
189,524
189,187
228,348
817,149
275,707
354,974
745,736
475,354
259,701
386,011
355,531
138,362
402,644
268,691
927,873
153,080
1,121,294
296,775
259,757
828,715
226,723
431,749
764,570
159,363
1,044,797
419,456
186,475
401,984
270,743
405,188
244,679
300,346
184,703
253,231
178,572
311,698
180,296
658,972
416,865
367,467
196,528
227,685
316,078
400,396
926,366
258,326
835,206
196,429
186,086
692,473
883,301
544,492
1,078,307
121,626
576,315
172,364
209,602
237,166
281,683
163,748
123,250
740,823
198,192
198,427
129,569
521,653
917,589
3,653,477
394,459
591,174
326,858
377,433
138,249
250,725
138,465
149,117
143,442
228,337
238,366
407,565
176,041
382,620
701,677
7,475
7,430
7,402
7,377
7,216
7,181
7,151
7,049
6,962
6,915
6,879
6,861
6,845
6,680
6,601
6,545
6,542
6,511
6,502
6,365
6,267
6,246
6,232
6,211
6,108
6,083
6,010
5,994
5,947
5,757
5,650
5,577
5,547
5,501
5,498
5,231
5,211
5,210
5,181
5,168
5,112
5,093
4,824
4,823
4,759
4,709
4,686
4,675
4,645
4,613
4,490
4,460
4,433
4,386
4,321
4,152
4,133
4,087
3,999
3,982
3,982
3,959
3,935
3,924
3,850
3,833
3,830
3,825
3,689
3,634
3,568
3,533
3,507
3,503
3,476
3,425
3,397
3,393
3,370
3,327
3,248
3,174
2,978
2,679
2,670
2,667
2,640
2,610
*
*
*
*
*
*
*
*
*
*
*,^
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*,^
*
*
*
*
*
*
*
*
*
*
*
*
*
*,^
*,^
*
*
*
*,^
*
*,^
*
*
*
*,^
*
*
*
*
*
*
*
*
*
*
*
*,^
*
EnPro Industries Inc.
Heidrick & Struggles International Inc.
United Rentals Inc.
RBC Bearings Inc.
HEICO Corp.
Macquarie Infrastructure Co. LLC
DynCorp International Inc. Class A
GeoEye Inc.
Astec Industries Inc.
Raven Industries Inc.
Aircastle Ltd.
McGrath Rentcorp
Seaboard Corp.
Mobile Mini Inc.
Knoll Inc.
Cenveo Inc.
DigitalGlobe Inc.
Energy Conversion Devices Inc.
Tutor Perini Corp.
Advisory Board Co.
ATC Technology Corp.
Comfort Systems USA Inc.
Chart Industries Inc.
John Bean Technologies Corp.
Ceradyne Inc.
Lindsay Corp.
G&K Services Inc. Class A
M&F Worldwide Corp.
ICF International Inc.
Huron Consulting Group Inc.
School Specialty Inc.
Tennant Co.
Aerovironment Inc.
Ennis Inc.
CIRCOR International Inc.
Viad Corp.
Steelcase Inc. Class A
Gorman-Rupp Co.
Blount International Inc.
Kforce Inc.
Tredegar Corp.
AZZ Inc.
Interface Inc. Class A
ACCO Brands Corp.
Stanley Inc.
Apogee Enterprises Inc.
Encore Wire Corp.
Exponent Inc.
Harbin Electric Inc.
Gibraltar Industries Inc.
Force Protection Inc.
Hawaiian Holdings Inc.
CBIZ Inc.
Consolidated Graphics Inc.
Cornell Cos. Inc.
Great Lakes Dredge & Dock Corp.
Amerco Inc.
MYR Group Inc.
Kelly Services Inc. Class A
Team Inc.
Sun Hydraulics Corp.
Michael Baker Corp.
GenCorp Inc.
Dycom Industries Inc.
Colfax Corp.
Broadwind Energy Inc.
Eagle Bulk Shipping Inc.
Argon ST Inc.
LB Foster Co. Class A
Rush Enterprises Inc. Class A
Evergreen Solar Inc.
American Ecology Corp.
Marten Transport Ltd.
Ener1 Inc.
CRA International Inc.
Polypore International Inc.
Spherion Corp.
Power-One Inc.
HEICO Corp. Class A
Sterling Construction Co. Inc.
SmartHeat Inc.
Federal Signal Corp.
K-Tron International Inc.
Waste Services Inc.
Ampco-Pittsburgh Corp.
Titan International Inc.
Powell Industries Inc.
NACCO Industries Inc. Class A
Dynamic Materials Corp.
Taser International Inc.
FuelCell Energy Inc.
Bowne & Co. Inc.
Republic Airways Holdings Inc.
American Reprographics Co.
AAON Inc.
Northwest Pipe Co.
Columbus McKinnon Corp.
Capstone Turbine Corp.
Ladish Co. Inc.
Applied Signal Technology Inc.
15
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
272,087
229,372
729,644
293,149
159,846
575,891
492,808
250,754
258,055
218,582
694,326
304,020
7,186
7,166
7,158
7,132
7,086
7,072
7,072
6,991
6,952
6,944
6,839
6,798
5,006
478,124
633,665
747,886
269,681
616,417
359,684
209,195
267,491
516,770
383,499
371,655
328,926
157,501
249,320
156,278
227,731
260,934
253,739
226,429
202,770
348,633
228,528
277,269
887,390
202,509
545,955
438,953
343,217
164,773
645,870
734,697
193,871
377,832
247,713
186,438
250,201
324,557
946,558
698,947
632,405
135,975
207,974
712,973
92,381
253,955
383,596
242,443
171,375
108,138
633,628
528,058
351,706
521,755
839,134
190,981
137,487
343,824
2,679,577
235,376
222,304
626,722
147,617
330,560
696,677
894,797
107,934
201,728
264,855
627,095
34,251
407,114
117,315
453,496
116,357
72,418
174,315
796,570
926,204
518,328
466,466
488,059
174,274
124,969
245,398
2,547,770
215,323
168,153
6,753
6,737
6,546
6,544
6,526
6,516
6,503
6,414
6,380
6,377
6,347
6,322
6,319
6,276
6,265
6,173
6,103
6,012
5,935
5,930
5,897
5,854
5,754
5,720
5,644
5,597
5,514
5,487
5,430
5,388
5,367
5,349
5,314
5,290
5,219
5,190
5,139
5,105
4,932
4,893
4,870
4,762
4,721
4,620
4,593
4,592
4,576
4,560
4,499
4,477
4,435
4,240
4,235
4,221
4,154
4,148
4,098
4,088
4,046
4,011
3,990
3,973
3,934
3,934
3,915
3,892
3,881
3,869
3,846
3,775
3,724
3,709
3,699
3,678
3,669
3,606
3,495
3,489
3,483
3,462
3,447
3,421
3,397
3,357
3,352
3,287
3,247
3,244
*
*
*
*
*
*
*
*
*
*,^
*
*
*,^
*,^
*
*,^
*
*
Roadrunner Transportation Systems
Inc.
Baltic Trading Ltd.
Patriot Transportation Holding Inc.
Fuel Tech Inc.
Hill International Inc.
Mistras Group Inc.
APAC Customer Services Inc.
Pike Electric Corp.
Courier Corp.
Rush Enterprises Inc. Class B
Tecumseh Products Co. Class A
Preformed Line Products Co.
SmartHeat Inc.
Volt Information Sciences Inc.
Broadwind Energy Inc.
Energy Recovery Inc.
Valence Technology Inc.
Universal Truckload Services Inc.
China Fire & Security Group Inc.
TBS International plc Class A
Tecumseh Products Co. Class B
Information Technology (18.6%)
*
Riverbed Technology Inc.
*
Informatica Corp.
Solera Holdings Inc.
*
MICROS Systems Inc.
*
Polycom Inc.
*
VeriFone Systems Inc.
*
TIBCO Software Inc.
*
JDS Uniphase Corp.
*
CommScope Inc.
*,^ Rackspace Hosting Inc.
*
Monster Worldwide Inc.
*
Cypress Semiconductor Corp.
*
WebMD Health Corp.
Varian Semiconductor Equipment
*
Associates Inc.
*
Compuware Corp.
*
Parametric Technology Corp.
*
Teradyne Inc.
*
Atheros Communications Inc.
*
Gartner Inc.
*
Vishay Intertechnology Inc.
*
NCR Corp.
Jack Henry & Associates Inc.
*
Rambus Inc.
*
Concur Technologies Inc.
*
Itron Inc.
*
Tech Data Corp.
National Instruments Corp.
*
Cadence Design Systems Inc.
*
Zebra Technologies Corp.
*
Ariba Inc.
Diebold Inc.
*
International Rectifier Corp.
*
Novell Inc.
*
Finisar Corp.
ADTRAN Inc.
*
VistaPrint NV
*
PMC - Sierra Inc.
*
Ciena Corp.
*
NeuStar Inc. Class A
*
Silicon Laboratories Inc.
Fairchild Semiconductor International
*
Inc. Class A
*
Sohu.com Inc.
*
RF Micro Devices Inc.
*
Microsemi Corp.
Intersil Corp. Class A
*
QLogic Corp.
*
Progress Software Corp.
*
InterDigital Inc.
*
TriQuint Semiconductor Inc.
*
Netlogic Microsystems Inc.
Plantronics Inc.
*
MercadoLibre Inc.
*,^ Veeco Instruments Inc.
*
Quest Software Inc.
Anixter International Inc.
*
Wright Express Corp.
*
Acme Packet Inc.
*
Convergys Corp.
CoreLogic Inc.
*
Viasat Inc.
*
CACI International Inc. Class A
*
Omnivision Technologies Inc.
*
Aruba Networks Inc.
*
Hittite Microwave Corp.
*
Semtech Corp.
*
Arris Group Inc.
*
SuccessFactors Inc.
*
GSI Commerce Inc.
*
Digital River Inc.
*
Cavium Networks Inc.
*,^ Blackboard Inc.
*
j2 Global Communications Inc.
*
ValueClick Inc.
Sapient Corp.
*
Acxiom Corp.
*
Spansion Inc. Class A
180,046
250,234
27,416
253,278
379,324
179,090
392,411
276,893
152,674
121,851
162,696
35,301
371,362
217,853
806,965
470,309
984,878
94,825
124,720
198,583
37,155
2,603
2,555
2,549
2,459
2,454
2,414
2,382
2,376
2,369
2,191
2,123
2,066
1,961
1,884
1,864
1,721
1,655
1,510
819
572
485
3,909,100
1,836,127
1,378,085
1,043,148
1,193,509
1,269,583
1,272,954
2,442,201
3,300,928
1,410,926
1,395,619
1,837,615
2,266,774
821,429
64,577
60,677
53,534
52,347
49,488
49,085
48,136
47,797
44,049
43,836
43,423
42,117
41,942
1,114,065
3,324,214
1,717,540
2,702,297
1,054,824
1,135,219
2,566,959
2,389,820
1,215,112
1,668,035
657,115
601,287
755,831
875,426
3,965,322
844,097
1,346,501
978,344
1,046,978
5,213,402
1,024,820
839,338
654,237
3,426,876
1,386,021
1,116,954
631,235
41,187
38,794
38,696
37,940
37,889
37,689
37,683
36,732
35,421
34,161
34,124
33,341
33,272
32,951
32,754
32,067
31,629
31,356
31,085
30,863
30,427
30,392
30,095
29,437
29,176
29,097
29,049
1,857,443
450,716
3,860,363
1,236,708
1,843,490
1,626,351
645,370
655,876
2,316,925
851,018
709,864
394,309
608,712
941,205
427,718
541,219
464,025
1,847,228
1,306,828
543,929
451,310
801,800
1,115,398
363,396
924,881
1,863,414
713,924
889,071
590,363
532,590
485,019
678,440
1,218,130
1,607,488
1,131,603
934,905
28,995
28,616
28,374
28,321
28,150
27,680
27,312
27,311
27,085
26,730
26,421
26,281
26,150
26,109
25,548
24,896
24,668
24,328
24,202
24,156
24,100
23,741
23,289
22,182
20,939
20,907
20,675
20,626
20,320
20,068
20,031
19,641
19,527
19,451
19,407
19,353
Cascade Corp.
FreightCar America Inc.
Standex International Corp.
*,^ Energy Recovery Inc.
*
Standard Parking Corp.
*
H&E Equipment Services Inc.
*
3D Systems Corp.
Kimball International Inc. Class B
TAL International Group Inc.
Schawk Inc. Class A
*
Saia Inc.
Houston Wire & Cable Co.
*,^ GT Solar International Inc.
*
Kadant Inc.
Ducommun Inc.
*
RSC Holdings Inc.
*
Vicor Corp.
American Woodmark Corp.
*
American Commercial Lines Inc.
CDI Corp.
*
Metalico Inc.
*
Pike Electric Corp.
*
Tecumseh Products Co. Class A
*
APAC Customer Services Inc.
Greenbrier Cos. Inc.
*
Innerworkings Inc.
Horizon Lines Inc. Class A
*
Patriot Transportation Holding Inc.
*,^ Titan Machinery Inc.
*
Fushi Copperweld Inc.
Sauer-Danfoss Inc.
*
Hill International Inc.
Courier Corp.
*
Fuel Tech Inc.
*
Volt Information Sciences Inc.
*
Furmanite Corp.
117,473
161,391
158,997
441,350
187,192
282,098
259,095
341,504
209,496
202,726
182,929
226,991
485,425
166,048
134,376
350,035
263,093
124,290
129,041
179,578
471,306
248,977
196,863
382,885
218,809
367,221
388,749
22,721
180,948
206,168
164,556
314,823
136,103
228,640
181,913
467,021
3,229
3,200
3,194
3,036
2,973
2,959
2,928
2,910
2,772
2,757
2,711
2,701
2,699
2,650
2,514
2,464
2,447
2,446
2,365
2,326
2,319
2,311
2,301
2,282
2,271
2,167
2,165
2,146
2,088
2,086
1,976
1,964
1,939
1,868
1,819
1,779
Aceto Corp.
Universal Truckload Services Inc.
Preformed Line Products Co.
China Fire & Security Group Inc.
Pacer International Inc.
American Railcar Industries Inc.
TBS International Ltd. Class A
Argan Inc.
Rush Enterprises Inc. Class B
Odyssey Marine Exploration Inc.
Lawson Products Inc.
Plug Power Inc.
Valence Technology Inc.
YRC Worldwide Inc.
Standard Register Co.
Tecumseh Products Co. Class B
332,583
86,760
35,598
111,796
473,982
130,769
178,054
83,071
112,120
741,446
58,227
1,143,098
843,590
805,082
130,664
32,795
1,713
1,570
1,559
1,513
1,498
1,441
1,309
1,195
1,177
1,045
1,028
812
768
676
666
364
2,769,296
1,371,918
5,276,175
539,624
989,231
1,084,720
1,262,879
1,344,565
2,309,352
891,184
43,723
39,571
36,462
35,494
33,659
33,504
32,807
32,770
32,092
677,653
548,629
1,192,262
898,527
1,593,431
1,134,173
574,925
5,782,345
3,033,858
1,567,543
893,901
659,192
2,355,324
1,079,139
557,949
413,703
2,866,978
3,204,848
785,414
1,002,931
2,356,120
797,224
2,089,936
570,387
960,829
2,080,603
404,969
1,097,664
2,324,444
4,657,269
1,687,587
404,853
1,034,100
410,111
357,192
889,638
31,619
31,085
30,832
30,766
30,068
28,320
27,792
26,657
26,273
25,614
25,431
25,372
25,273
24,950
23,852
23,697
23,653
23,171
23,130
23,108
22,689
22,609
22,070
21,994
21,254
20,889
19,783
19,484
19,409
19,328
19,289
19,069
18,655
18,615
18,528
17,891
*,^
*,^
*
*
*
*
*,^
*,^
*
Information Technology (17.5%)
*
Rovi Corp.
*
3Com Corp.
*
Itron Inc.
*
Varian Semiconductor Equipment Associates Inc.
*
MICROS Systems Inc.
*
CommScope Inc.
*,^ Rambus Inc.
*
Skyworks Solutions Inc.
Solera Holdings Inc.
*
*
*
*
*
*
*
*
*
*
Tech Data Corp.
VistaPrint NV
Informatica Corp.
Atheros Communications Inc.
QLogic Corp.
Polycom Inc.
Silicon Laboratories Inc.
Atmel Corp.
PMC - Sierra Inc.
Parametric Technology Corp.
Diebold Inc.
*,^ WebMD Health Corp.
*
Teradyne Inc.
Jack Henry & Associates Inc.
*
Concur Technologies Inc.
*
Sohu.com Inc.
*
JDS Uniphase Corp.
*
Compuware Corp.
National Instruments Corp.
*
NeuStar Inc. Class A
*
TIBCO Software Inc.
*
Zebra Technologies Corp.
*
Cypress Semiconductor Corp.
*
Unisys Corp.
*
International Rectifier Corp.
*,^ Palm Inc.
*
CACI International Inc. Class A
*
Microsemi Corp.
*
Vishay Intertechnology Inc.
*
Novell Inc.
*
Arris Group Inc.
*
Anixter International Inc.
*
Gartner Inc.
*
Blackboard Inc.
*
MercadoLibre Inc.
*
Cybersource Corp.
16
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
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*
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*
*
*
*
*
*
*
*
*
*
*
*
Mentor Graphics Corp.
Lawson Software Inc.
Blue Coat Systems Inc.
Fortinet Inc.
Cymer Inc.
Plexus Corp.
Netgear Inc.
CommVault Systems Inc.
MKS Instruments Inc.
Ultimate Software Group Inc.
MAXIMUS Inc.
Blackbaud Inc.
Benchmark Electronics Inc.
Coherent Inc.
Aspen Technology Inc.
Power Integrations Inc.
JDA Software Group Inc.
Tessera Technologies Inc.
Cognex Corp.
Unisys Corp.
Integrated Device Technology Inc.
Littelfuse Inc.
Take-Two Interactive Software Inc.
Cirrus Logic Inc.
Synaptics Inc.
FEI Co.
Rofin-Sinar Technologies Inc.
TiVo Inc.
L-1 Identity Solutions Inc.
Taleo Corp. Class A
Universal Display Corp.
Entegris Inc.
Power-One Inc.
Fair Isaac Corp.
OpenTable Inc.
Cabot Microelectronics Corp.
Advent Software Inc.
Diodes Inc.
Mantech International Corp. Class A
Emulex Corp.
Art Technology Group Inc.
Earthlink Inc.
Infinera Corp.
SAVVIS Inc.
Sanmina-SCI Corp.
Entropic Communications Inc.
SRA International Inc. Class A
ACI Worldwide Inc.
Loral Space & Communications Inc.
AsiaInfo-Linkage Inc.
Websense Inc.
Constant Contact Inc.
Scansource Inc.
EchoStar Corp. Class A
DTS Inc.
Harmonic Inc.
TTM Technologies Inc.
Ebix Inc.
GT Solar International Inc.
Amkor Technology Inc.
Checkpoint Systems Inc.
Syntel Inc.
IPG Photonics Corp.
Euronet Worldwide Inc.
AVX Corp.
1,590,825
2,062,402
637,030
584,554
417,728
602,352
527,213
610,580
709,645
355,017
257,895
652,344
926,897
370,690
1,313,650
415,320
592,193
747,744
561,412
634,374
2,360,496
329,381
1,261,419
957,803
513,162
568,068
420,686
1,725,282
1,247,390
536,155
483,531
1,962,944
1,423,989
620,753
204,211
347,082
247,491
529,086
343,342
1,213,731
2,353,855
1,609,665
1,335,701
534,491
1,184,379
1,116,503
653,724
496,701
169,510
773,079
632,174
409,744
397,557
501,695
255,208
1,452,348
834,014
522,258
1,339,154
1,637,421
588,105
251,693
379,270
682,873
759,725
19,090
19,077
19,028
18,910
18,827
18,637
17,757
17,475
17,379
17,264
16,913
16,896
16,832
16,733
16,683
16,671
16,581
16,563
16,517
16,424
15,721
15,501
15,440
15,306
15,077
15,003
14,909
14,889
14,856
14,825
14,820
14,663
14,525
14,507
14,393
14,387
14,335
14,280
14,190
14,152
14,076
13,843
13,798
13,640
13,597
13,487
13,369
13,346
12,968
12,810
12,802
12,698
12,682
12,527
12,518
12,447
12,435
12,362
12,213
12,101
12,086
12,028
11,993
11,909
11,723
*
*
Convergys Corp.
Riverbed Technology Inc.
ADTRAN Inc.
Plantronics Inc.
*
Veeco Instruments Inc.
*
VeriFone Holdings Inc.
*
Fairchild Semiconductor International Inc. Class A
*
Benchmark Electronics Inc.
*
RF Micro Devices Inc.
*
Progress Software Corp.
*
Wright Express Corp.
*
Tessera Technologies Inc.
*
InterDigital Inc.
*
Quest Software Inc.
*
Blue Coat Systems Inc.
*
Plexus Corp.
*
Genpact Ltd.
*
Ariba Inc.
*
TiVo Inc.
*
Cymer Inc.
*
FormFactor Inc.
*
Integrated Device Technology Inc.
*
Mantech International Corp. Class A
*
Digital River Inc.
Fair Isaac Corp.
*,^ Synaptics Inc.
*
Semtech Corp.
Blackbaud Inc.
*
Rackspace Hosting Inc.
*
Acxiom Corp.
*
GSI Commerce Inc.
*
Euronet Worldwide Inc.
*,^ Ciena Corp.
*
Comtech Telecommunications Corp.
Power Integrations Inc.
Syntel Inc.
*
CommVault Systems Inc.
*
Tekelec
*
j2 Global Communications Inc.
*
AsiaInfo Holdings Inc.
*
Viasat Inc.
*
TriQuint Semiconductor Inc.
*
Sanmina-SCI Corp.
*
Cavium Networks Inc.
Earthlink Inc.
*
Emulex Corp.
*
ValueClick Inc.
*
FEI Co.
MAXIMUS Inc.
*
Sapient Corp.
*
Netlogic Microsystems Inc.
*
Lawson Software Inc.
*
MicroStrategy Inc. Class A
*
Amkor Technology Inc.
*
Mentor Graphics Corp.
*
SRA International Inc. Class A
*
MKS Instruments Inc.
*
Taleo Corp. Class A
*,^ Take-Two Interactive Software Inc.
*
Hittite Microwave Corp.
*
JDA Software Group Inc.
*
Cabot Microelectronics Corp.
*
Websense Inc.
*
Infinera Corp.
*
Verigy Ltd.
1,657,431
750,178
762,329
659,547
509,661
1,025,637
1,671,685
875,810
3,423,525
540,844
489,048
668,714
581,767
833,076
536,079
532,552
1,018,023
1,192,186
1,461,791
381,203
667,351
2,233,742
296,673
520,407
659,083
457,842
823,970
591,477
653,418
1,011,118
533,819
615,025
1,229,709
379,788
356,480
336,176
535,395
815,141
607,886
400,556
383,806
2,031,662
1,098,174
503,582
1,432,189
1,091,810
1,175,753
506,822
236,295
1,425,869
254,258
1,743,963
123,138
1,605,150
1,296,086
586,136
633,784
466,210
1,082,116
263,723
409,409
316,003
596,106
1,161,896
792,230
17,817
17,232
17,191
17,135
16,839
16,800
16,700
16,562
16,330
15,798
15,581
15,561
15,440
15,329
15,300
15,178
15,169
14,926
14,881
14,631
14,522
14,452
14,323
14,046
14,045
14,033
14,016
13,977
13,624
13,569
13,554
13,500
13,330
13,312
12,962
12,785
12,683
12,455
12,370
12,205
12,197
12,190
12,113
12,000
11,901
11,901
11,899
11,839
11,815
11,792
11,762
11,597
11,577
11,493
11,444
11,195
11,034
10,965
10,875
10,747
10,428
10,415
10,408
10,306
10,196
Comtech Telecommunications Corp.
Verigy Ltd.
Quantum Corp.
DealerTrack Holdings Inc.
MicroStrategy Inc. Class A
DG FastChannel Inc.
Tekelec
SYNNEX Corp.
Radiant Systems Inc.
SunPower Corp. Class A
Ancestry.com Inc.
Applied Micro Circuits Corp.
Lattice Semiconductor Corp.
Sourcefire Inc.
Sonic Solutions Inc.
Black Box Corp.
Netscout Systems Inc.
Manhattan Associates Inc.
Synchronoss Technologies Inc.
Avid Technology Inc.
Oclaro Inc.
Standard Microsystems Corp.
Bottomline Technologies Inc.
Electronics for Imaging Inc.
CSG Systems International Inc.
Newport Corp.
Stratasys Inc.
Intermec Inc.
ATMI Inc.
Volterra Semiconductor Corp.
LogMeIn Inc.
TeleTech Holdings Inc.
Compellent Technologies Inc.
Pegasystems Inc.
Tyler Technologies Inc.
Insight Enterprises Inc.
421,668
892,167
3,079,633
570,567
129,840
382,024
916,742
344,782
544,177
829,154
374,721
991,603
1,739,262
392,365
676,704
262,776
436,775
328,798
372,842
567,449
737,377
336,258
445,643
673,910
507,419
546,685
290,859
738,717
468,979
399,969
208,178
447,858
332,392
248,837
438,370
688,846
11,693
11,616
11,456
11,451
11,097
11,033
10,918
10,757
10,650
10,638
10,612
10,590
10,540
10,174
10,151
10,062
10,050
10,041
9,959
9,908
9,696
9,694
9,675
9,644
9,611
9,496
9,494
9,352
9,351
9,263
9,231
9,221
9,171
9,115
9,101
9,065
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*,^
*
*
*
464,793
502,114
605,692
516,718
683,736
329,851
486,083
516,463
358,400
394,073
293,196
458,485
315,407
389,967
1,726,325
223,473
394,981
473,721
453,131
508,246
340,684
689,284
819,105
1,159,231
670,224
2,858,546
268,335
1,296,385
500,882
1,131,006
1,303,433
235,688
524,552
423,164
458,891
3,692,022
10,081
10,057
10,042
10,035
9,935
9,806
9,790
9,704
9,569
9,446
9,426
9,376
9,263
9,207
9,115
9,102
9,089
9,043
9,022
9,006
8,752
8,733
8,732
8,683
8,619
8,376
8,227
8,206
8,184
8,132
8,094
8,063
7,999
7,879
7,870
7,790
Netgear Inc.
TeleTech Holdings Inc.
SuccessFactors Inc.
Net 1 UEPS Technologies Inc.
Omnivision Technologies Inc.
Coherent Inc.
EchoStar Corp. Class A
DealerTrack Holdings Inc.
Scansource Inc.
Monolithic Power Systems Inc.
Littelfuse Inc.
Diodes Inc.
Ultimate Software Group Inc.
Rofin-Sinar Technologies Inc.
Entegris Inc.
Advent Software Inc.
SolarWinds Inc.
CSG Systems International Inc.
Tyler Technologies Inc.
Cognex Corp.
*
TNS Inc.
AVX Corp.
*
Aruba Networks Inc.
*
L-1 Identity Solutions Inc.
*
Intermec Inc.
*
Quantum Corp.
*
SYNNEX Corp.
*
Harmonic Inc.
*,^ STEC Inc.
United Online Inc.
*
ADC Telecommunications Inc.
*
DTS Inc.
*
Checkpoint Systems Inc.
*
ATMI Inc.
*
ACI Worldwide Inc.
*
Sonus Networks Inc.
17
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
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*
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*
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*
*,^
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*
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*
*
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*
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*
*,^
*
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*,^
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*,^
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*
*
*
*
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*
*
*
*
*
*
*,^
*
*
*
*
*
*
*
*
*
*
*
*
*
MTS Systems Corp.
Rogers Corp.
iGate Corp.
Ixia
OSI Systems Inc.
Cardtronics Inc.
SolarWinds Inc.
Brooks Automation Inc.
Park Electrochemical Corp.
Heartland Payment Systems Inc.
STEC Inc.
United Online Inc.
Epicor Software Corp.
Monolithic Power Systems Inc.
RightNow Technologies Inc.
Micrel Inc.
Silicon Image Inc.
Daktronics Inc.
Forrester Research Inc.
Terremark Worldwide Inc.
Sonus Networks Inc.
Brightpoint Inc.
TNS Inc.
VirnetX Holding Corp.
NIC Inc.
SunPower Corp. Class B
BroadSoft Inc.
Vocus Inc.
FARO Technologies Inc.
Advanced Energy Industries Inc.
Verint Systems Inc.
comScore Inc.
Smith Micro Software Inc.
Kulicke & Soffa Industries Inc.
NetSuite Inc.
Methode Electronics Inc.
QuinStreet Inc.
Net 1 UEPS Technologies Inc.
Dice Holdings Inc.
Ultratech Inc.
Anadigics Inc.
Maxwell Technologies Inc.
Electro Scientific Industries Inc.
Mercury Computer Systems Inc.
EPIQ Systems Inc.
Kemet Corp.
Zoran Corp.
Ceva Inc.
FormFactor Inc.
Kenexa Corp.
THQ Inc.
Sycamore Networks Inc.
Move Inc.
Oplink Communications Inc.
Rubicon Technology Inc.
CTS Corp.
Sigma Designs Inc.
Cohu Inc.
Opnet Technologies Inc.
RealNetworks Inc.
China Security & Surveillance
Technology Inc.
S1 Corp.
Perficient Inc.
ShoreTel Inc.
Interactive Intelligence Inc.
Powerwave Technologies Inc.
DemandTec Inc.
Imation Corp.
Echelon Corp.
ExlService Holdings Inc.
Intevac Inc.
Symmetricom Inc.
Ciber Inc.
LoopNet Inc.
EMS Technologies Inc.
Aviat Networks Inc.
Novatel Wireless Inc.
Infospace Inc.
Super Micro Computer Inc.
ModusLink Global Solutions Inc.
SS&C Technologies Holdings Inc.
Anaren Inc.
Cass Information Systems Inc.
Limelight Networks Inc.
Calix Inc.
Knot Inc.
Internap Network Services Corp.
Kopin Corp.
Pericom Semiconductor Corp.
IXYS Corp.
Electro Rent Corp.
SMART Modular Technologies WWH
Inc.
Supertex Inc.
Extreme Networks
Multi-Fineline Electronix Inc.
Silicon Graphics International Corp.
Digi International Inc.
Exar Corp.
Monotype Imaging Holdings Inc.
241,649
235,482
455,075
534,412
246,443
500,594
460,086
973,440
291,849
567,196
491,651
1,300,749
847,712
517,476
357,518
649,856
1,142,728
521,928
235,155
637,340
3,082,241
936,370
390,394
529,509
804,739
627,623
320,712
275,640
228,529
548,924
229,002
324,058
458,948
996,376
284,507
548,108
368,489
573,412
482,401
343,148
972,958
353,950
415,831
362,395
484,557
452,455
740,412
315,786
709,794
285,933
1,010,054
295,808
2,327,779
312,979
273,514
509,628
394,075
336,589
207,703
1,317,734
9,052
9,007
8,970
8,967
8,961
8,860
8,857
8,829
8,755
8,746
8,678
8,585
8,562
8,549
8,462
8,442
8,399
8,309
8,299
8,254
8,230
8,174
8,120
7,863
7,814
7,789
7,659
7,624
7,505
7,487
7,259
7,230
7,224
7,174
7,113
7,109
7,079
7,030
6,922
6,822
6,743
6,686
6,666
6,661
6,653
6,597
6,516
6,474
6,303
6,230
6,121
6,091
5,982
5,781
5,766
5,636
5,584
5,581
5,560
5,534
1,031,825
790,725
425,165
671,084
195,908
1,979,503
447,639
460,383
462,153
218,063
333,896
654,383
980,367
406,125
227,856
887,303
469,695
535,320
383,501
655,137
213,453
208,503
112,242
731,831
251,533
429,780
694,835
995,057
370,514
348,756
249,424
5,500
5,456
5,315
5,241
5,125
5,028
4,852
4,747
4,709
4,684
4,678
4,640
4,588
4,512
4,507
4,499
4,486
4,443
4,426
4,389
4,378
4,347
4,258
4,252
4,251
4,246
4,225
4,139
4,068
4,053
4,031
697,480
164,111
1,280,422
148,189
433,822
352,780
558,162
338,426
4,017
3,968
3,956
3,926
3,917
3,916
3,896
3,757
*
*
*
*
Art Technology Group Inc.
Electronics for Imaging Inc.
Zoran Corp.
DG FastChannel Inc.
Pegasystems Inc.
*
Brooks Automation Inc.
*
Manhattan Associates Inc.
Park Electrochemical Corp.
*
SAVVIS Inc.
*
Insight Enterprises Inc.
*
Advanced Energy Industries Inc.
*
TTM Technologies Inc.
Black Box Corp.
*
Applied Micro Circuits Corp.
*
Compellent Technologies Inc.
*
Brightpoint Inc.
*
Avid Technology Inc.
*
Rogers Corp.
*
Cogent Inc.
*
Finisar Corp.
*
Standard Microsystems Corp.
*
Switch & Data Facilities Co. Inc.
*
Volterra Semiconductor Corp.
MTS Systems Corp.
*
EPIQ Systems Inc.
*
ModusLink Global Solutions Inc.
*
OSI Systems Inc.
*
Sourcefire Inc.
*
ArcSight Inc.
*
Cirrus Logic Inc.
*
Bottomline Technologies Inc.
*
Maxwell Technologies Inc.
*
Sycamore Networks Inc.
*
Netscout Systems Inc.
*
Forrester Research Inc.
*
SonicWALL Inc.
*,^ Universal Display Corp.
*
Harris Stratex Networks Inc.
*
Adaptec Inc.
*
TeleCommunication Systems Inc. Class A
*
Epicor Software Corp.
*,^ China Security & Surveillance Technology Inc.
*
Loral Space & Communications Inc.
*
RightNow Technologies Inc.
*
IPG Photonics Corp.
*
Netezza Corp.
NIC Inc.
*
Kulicke & Soffa Industries Inc.
Micrel Inc.
*
Echelon Corp.
*,^ Ebix Inc.
*
RealNetworks Inc.
*
S1 Corp.
*
comScore Inc.
*
i2 Technologies Inc.
*
THQ Inc.
*
Constant Contact Inc.
*
Oplink Communications Inc.
*
Newport Corp.
*
Stratasys Inc.
1,717,612
594,606
696,960
272,604
220,594
868,405
303,440
263,110
512,518
618,357
452,981
581,381
236,466
892,953
292,907
884,261
503,874
211,321
603,798
694,494
296,689
302,756
304,759
202,197
413,999
614,636
211,955
215,286
223,223
835,067
320,663
314,884
267,672
380,538
213,637
725,177
441,738
787,721
1,615,960
555,428
699,717
687,244
164,957
298,977
308,171
527,611
554,927
925,025
590,728
413,365
97,474
1,277,582
716,717
265,241
242,718
913,499
287,313
277,171
490,321
260,176
7,746
7,736
7,701
7,614
7,500
7,451
7,292
7,272
7,201
7,062
6,831
6,703
6,701
6,670
6,643
6,499
6,429
6,405
6,273
6,195
6,165
6,119
5,827
5,811
5,792
5,784
5,782
5,759
5,710
5,695
5,634
5,618
5,597
5,571
5,544
5,519
5,460
5,443
5,413
5,377
5,332
5,251
5,214
5,193
5,159
5,118
5,072
4,986
4,844
4,778
4,760
4,740
4,673
4,655
4,641
4,604
4,597
4,543
4,506
4,496
*
*
*
*
*
*
*
*
*
*
*
*
*
Methode Electronics Inc.
Vocus Inc.
FARO Technologies Inc.
3PAR Inc.
Supertex Inc.
CTS Corp.
Acme Packet Inc.
Daktronics Inc.
Synchronoss Technologies Inc.
Lattice Semiconductor Corp.
Actel Corp.
Cohu Inc.
Terremark Worldwide Inc.
Ultratech Inc.
Infospace Inc.
Global Cash Access Holdings Inc.
Electro Scientific Industries Inc.
Heartland Payment Systems Inc.
Pericom Semiconductor Corp.
SMART Modular Technologies WWH Inc.
Super Micro Computer Inc.
Knot Inc.
Sigma Designs Inc.
Multi-Fineline Electronix Inc.
Kopin Corp.
infoGROUP Inc.
LoopNet Inc.
Radiant Systems Inc.
Anadigics Inc.
Smith Micro Software Inc.
Kenexa Corp.
515,973
248,217
206,920
373,649
148,440
458,691
393,311
469,318
272,863
1,561,388
353,790
301,185
612,873
280,647
477,974
538,884
369,930
304,261
344,359
628,386
352,308
388,305
360,219
135,741
896,567
466,678
373,336
356,751
856,195
394,885
274,610
4,479
4,468
4,436
4,428
4,423
4,413
4,326
4,322
4,314
4,216
4,203
4,202
4,192
4,170
4,096
4,036
4,003
3,995
3,970
3,953
3,918
3,910
3,854
3,851
3,748
3,743
3,711
3,710
3,613
3,609
3,584
*
*
*
*
*
*
*
*
Perficient Inc.
Imation Corp.
ExlService Holdings Inc.
Exar Corp.
Ixia
ShoreTel Inc.
Extreme Networks
Hughes Communications Inc.
424,741
410,307
195,881
498,910
465,357
598,620
1,204,533
131,570
3,581
3,578
3,557
3,547
3,462
3,460
3,457
3,425
*
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18
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
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VASCO Data Security International
Inc.
Rudolph Technologies Inc.
Seachange International Inc.
Actuate Corp.
Rosetta Stone Inc.
Virtusa Corp.
Cray Inc.
UTStarcom Inc.
Ness Technologies Inc.
PROS Holdings Inc.
Energy Conversion Devices Inc.
TeleCommunication Systems Inc.
Class A
Cogo Group Inc.
Bel Fuse Inc. Class B
Fabrinet
Pulse Electronics Corp.
Liquidity Services Inc.
DSP Group Inc.
Marchex Inc. Class B
NCI Inc. Class A
Integral Systems Inc.
Global Cash Access Holdings Inc.
Comverge Inc.
China Information Technology Inc.
Advanced Analogic Technologies
Inc.
CPI International Inc.
Stamps.com Inc.
Conexant Systems Inc.
Echo Global Logistics Inc.
Agilysys Inc.
Trident Microsystems Inc.
BigBand Networks Inc.
Deltek Inc.
Meru Networks Inc.
Renaissance Learning Inc.
Evergreen Solar Inc.
MaxLinear Inc.
TechTarget Inc.
Mitel Networks Corp.
China TransInfo Technology Corp.
Bel Fuse Inc. Class A
449,844
442,896
419,795
627,606
168,367
215,565
481,359
1,664,780
564,875
291,337
720,846
3,657
3,645
3,589
3,577
3,573
3,527
3,442
3,429
3,355
3,318
3,316
*
*
Intevac Inc.
NetSuite Inc.
iGate Corp.
*
Internet Capital Group Inc.
*,^ Rubicon Technology Inc.
*
Move Inc.
*
Novatel Wireless Inc.
*
UTStarcom Inc.
*
Comverge Inc.
*
Interactive Intelligence Inc.
*
Symmetricom Inc.
296,166
209,886
331,633
497,257
162,778
1,987,001
412,063
1,478,511
284,517
172,832
590,798
3,397
3,354
3,316
3,307
3,306
3,298
3,284
3,238
3,198
3,187
3,072
699,704
368,506
135,699
150,569
586,494
219,625
348,613
275,039
113,585
261,740
794,040
358,866
463,994
3,268
3,261
3,243
3,237
3,120
3,086
2,838
2,624
2,611
2,594
2,533
2,480
2,417
*
*
*
*
*
*
*
Ciber Inc.
Internap Network Services Corp.
DemandTec Inc.
EMS Technologies Inc.
Digi International Inc.
Silicon Graphics International Corp.
Silicon Storage Technology Inc.
Agilysys Inc.
*
Anaren Inc.
Electro Rent Corp.
*
Monotype Imaging Holdings Inc.
*,^ Rosetta Stone Inc.
*
Rudolph Technologies Inc.
888,994
652,462
342,716
204,975
317,197
408,778
1,103,220
309,906
186,804
243,295
304,380
151,962
397,915
3,067
3,067
3,006
2,972
2,893
2,866
2,824
2,820
2,811
2,808
2,749
2,728
2,674
596,340
112,984
159,752
1,217,447
163,524
345,555
1,053,701
667,960
254,446
119,128
154,347
2,962,909
111,928
136,279
194,446
149,894
17,928
2,391
2,186
2,117
1,984
1,969
1,945
1,876
1,870
1,847
1,837
1,827
1,727
1,204
1,081
1,071
709
457
4,466,174
Materials (6.3%)
Domtar Corp.
Aptargroup Inc.
Huntsman Corp.
Compass Minerals International Inc.
* Hecla Mining Co.
RPM International Inc.
* Solutia Inc.
Royal Gold Inc.
Packaging Corp. of America
Cytec Industries Inc.
* WR Grace & Co.
* Rockwood Holdings Inc.
* Coeur d'Alene Mines Corp.
Cabot Corp.
Temple-Inland Inc.
* Allied Nevada Gold Corp.
Rock-Tenn Co. Class A
* Stillwater Mining Co.
Commercial Metals Co.
Sensient Technologies Corp.
AK Steel Holding Corp.
Silgan Holdings Inc.
Carpenter Technology Corp.
* Intrepid Potash Inc.
Olin Corp.
Schnitzer Steel Industries Inc.
NewMarket Corp.
* Ferro Corp.
* Louisiana-Pacific Corp.
Minerals Technologies Inc.
* OM Group Inc.
Eagle Materials Inc.
* PolyOne Corp.
638,104
1,004,430
2,850,883
487,707
3,812,764
1,937,000
1,817,579
759,687
1,542,995
730,864
1,083,797
959,034
1,329,573
924,511
1,524,168
1,187,273
551,059
1,363,283
1,701,767
739,507
1,637,570
747,716
654,691
671,078
1,179,681
342,626
182,182
1,281,950
1,923,127
276,863
459,521
624,444
1,385,520
48,445
47,781
44,502
43,538
42,932
42,808
41,950
41,502
39,871
38,780
38,074
37,517
36,324
34,808
32,373
31,237
29,730
29,106
28,232
27,162
26,807
26,776
26,345
25,024
24,207
22,747
22,476
18,768
18,193
18,110
17,696
17,641
17,305
Cass Information Systems Inc.
Silicon Image Inc.
Bel Fuse Inc. Class B
*
Seachange International Inc.
*
Airvana Inc.
*
Symyx Technologies Inc.
*
VASCO Data Security International Inc.
*
Cogo Group Inc.
*
PROS Holdings Inc.
*
NCI Inc. Class A
*
China Information Security Technology Inc.
Technitrol Inc.
*
Internet Brands Inc. Class A
*
Mattson Technology Inc.
*
IXYS Corp.
*,^ OpenTable Inc.
*
Ness Technologies Inc.
*
Powerwave Technologies Inc.
*
Liquidity Services Inc.
*
Double-Take Software Inc.
Opnet Technologies Inc.
*
Advanced Analogic Technologies Inc.
*
DivX Inc.
*
Isilon Systems Inc.
*
Limelight Networks Inc.
*
Integral Systems Inc.
*
FalconStor Software Inc.
*
BigBand Networks Inc.
*
Conexant Systems Inc.
*
DSP Group Inc.
*
Deltek Inc.
*
Dice Holdings Inc.
*
Trident Microsystems Inc.
*
ICx Technologies Inc.
Marchex Inc. Class B
*,^ Magma Design Automation Inc.
Renaissance Learning Inc.
*
CPI International Inc.
*
China TransInfo Technology Corp.
*
TechTarget Inc.
*
Opnext Inc.
Bel Fuse Inc. Class A
87,416
1,013,864
121,683
396,104
337,617
464,368
406,104
342,564
241,923
89,957
396,528
557,016
311,450
670,871
313,786
90,763
468,619
1,787,066
223,539
223,936
181,321
552,397
377,342
305,944
515,187
232,666
480,060
541,152
770,720
310,524
215,364
254,110
856,793
165,008
291,548
620,803
118,851
99,872
120,702
169,724
305,779
15,480
2,657
2,616
2,615
2,602
2,566
2,554
2,546
2,525
2,504
2,487
2,443
2,440
2,439
2,402
2,328
2,311
2,296
2,252
2,251
2,237
2,210
2,176
2,128
2,099
2,025
2,015
1,949
1,862
1,788
1,748
1,676
1,664
1,594
1,571
1,481
1,434
1,350
1,322
986
956
581
301
3,030,904
Materials (5.4%)
Ashland Inc.
RPM International Inc.
Aptargroup Inc.
Packaging Corp. of America
*
Domtar Corp.
Compass Minerals International Inc.
Temple-Inland Inc.
Huntsman Corp.
953,967
1,741,799
913,279
1,388,806
566,077
439,728
1,365,142
2,241,572
37,796
35,411
32,641
31,956
31,366
29,545
28,818
25,307
Schweitzer-Mauduit International Inc.
Worthington Industries Inc.
^ Texas Industries Inc.
Globe Specialty Metals Inc.
HB Fuller Co.
Balchem Corp.
Arch Chemicals Inc.
* Century Aluminum Co.
* Clearwater Paper Corp.
Westlake Chemical Corp.
* Calgon Carbon Corp.
Buckeye Technologies Inc.
* Georgia Gulf Corp.
* RTI International Metals Inc.
* Brush Engineered Materials Inc.
Innophos Holdings Inc.
* US Gold Corp.
Koppers Holdings Inc.
Kaiser Aluminum Corp.
A Schulman Inc.
* Kraton Performance Polymers Inc.
AMCOL International Corp.
273,252
910,569
351,794
940,321
729,356
421,605
373,821
897,009
170,846
295,445
836,167
584,274
505,614
447,807
303,105
318,918
1,387,159
305,993
214,601
468,721
325,133
323,555
17,193
16,754
16,105
16,070
14,966
14,254
14,179
13,931
13,377
12,843
12,643
12,276
12,165
12,082
11,712
11,507
11,194
10,948
10,749
10,729
10,063
10,030
494,592
973,831
522,431
654,027
882,127
360,687
1,605,866
3,191,863
164,106
1,055,436
1,017,238
607,319
657,974
235,000
594,014
655,666
558,769
296,344
599,808
252,646
414,416
831,733
24,932
24,687
24,607
23,820
23,138
20,877
20,395
19,726
18,834
18,491
18,371
17,715
17,305
16,532
16,009
14,916
14,556
14,136
14,131
13,762
13,009
12,543
*
*
*
*
*
*
*
*
*
Rock-Tenn Co. Class A
WR Grace & Co.
Royal Gold Inc.
Cytec Industries Inc.
Cabot Corp.
Silgan Holdings Inc.
Solutia Inc.
Hecla Mining Co.
NewMarket Corp.
Olin Corp.
Coeur d'Alene Mines Corp.
Intrepid Potash Inc.
Sensient Technologies Corp.
Schweitzer-Mauduit International Inc.
Carpenter Technology Corp.
HB Fuller Co.
Eagle Materials Inc.
Schnitzer Steel Industries Inc.
Rockwood Holdings Inc.
Minerals Technologies Inc.
OM Group Inc.
Allied Nevada Gold Corp.
19
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
*,^
*
*
*
^
*
*
*
*,^
*
*
*
*
*
*
*
*,^
*
*
*,^
*,^
*,^
*
Deltic Timber Corp.
Stepan Co.
* Horsehead Holding Corp.
PH Glatfelter Co.
* KapStone Paper and Packaging
Corp.
Haynes International Inc.
STR Holdings Inc.
Innospec Inc.
Boise Inc.
Zep Inc.
LSB Industries Inc.
Wausau Paper Corp.
General Moly Inc.
Hawkins Inc.
Zoltek Cos. Inc.
Graphic Packaging Holding Co.
Noranda Aluminum Holding Corp.
Yongye International Inc.
TPC Group Inc.
AM Castle & Co.
Capital Gold Corp.
Myers Industries Inc.
Neenah Paper Inc.
Spartech Corp.
Golden Minerals Co.
Headwaters Inc.
Olympic Steel Inc.
Graham Packaging Co. Inc.
Gulf Resources Inc.
Metals USA Holdings Corp.
American Vanguard Corp.
Landec Corp.
ShengdaTech Inc.
China Green Agriculture Inc.
China Agritech Inc.
United States Lime & Minerals Inc.
Telecommunication Services (1.0%)
*
tw telecom inc Class A
*
Syniverse Holdings Inc.
*
Level 3 Communications Inc.
AboveNet Inc.
*
Leap Wireless International Inc.
*
Cogent Communications Group Inc.
NTELOS Holdings Corp.
*
Cincinnati Bell Inc.
Alaska Communications Systems
Group Inc.
*
PAETEC Holding Corp.
Consolidated Communications
Holdings Inc.
*
Neutral Tandem Inc.
*
Global Crossing Ltd.
Shenandoah Telecommunications
Co.
*
Hughes Communications Inc.
*
*
*
*
*
*
General Communication Inc. Class A
USA Mobility Inc.
Atlantic Tele-Network Inc.
Cbeyond Inc.
Premiere Global Services Inc.
Iridium Communications Inc.
Vonage Holdings Corp.
ICO Global Communications
Holdings Ltd.
Utilities (3.6%)
ITC Holdings Corp.
Questar Corp.
Westar Energy Inc.
*
GenOn Energy Inc.
Atmos Energy Corp.
Great Plains Energy Inc.
Nicor Inc.
Hawaiian Electric Industries Inc.
Piedmont Natural Gas Co. Inc.
Vectren Corp.
Cleco Corp.
WGL Holdings Inc.
IDACORP Inc.
New Jersey Resources Corp.
Southwest Gas Corp.
Portland General Electric Co.
South Jersey Industries Inc.
UIL Holdings Corp.
Unisource Energy Corp.
Avista Corp.
Northwest Natural Gas Co.
*
El Paso Electric Co.
Allete Inc.
PNM Resources Inc.
Black Hills Corp.
NorthWestern Corp.
MGE Energy Inc.
Empire District Electric Co.
Otter Tail Corp.
Laclede Group Inc.
CH Energy Group Inc.
California Water Service Group
American States Water Co.
167,449
119,583
647,297
682,237
9,434
9,121
8,441
8,371
*
514,882
180,602
368,903
354,545
886,394
323,326
251,283
695,989
917,982
131,003
434,480
1,278,993
340,069
576,551
156,138
256,987
909,232
449,212
220,271
462,453
159,255
898,482
138,294
278,792
308,449
192,892
325,954
378,550
445,218
219,702
139,642
33,472
7,878
7,555
7,378
7,233
7,029
6,428
6,096
5,992
5,948
5,816
5,018
4,975
4,965
4,843
4,734
4,731
4,610
4,375
4,335
4,329
4,252
4,115
3,966
3,635
3,297
2,940
2,784
2,264
2,182
1,977
1,713
1,410
1,508,707
2,143,966
1,042,848
24,790,620
224,788
932,800
682,339
465,679
2,999,890
36,555
32,172
24,295
13,141
11,436
9,648
8,871
8,400
663,722
1,944,789
7,367
7,274
Telecommunication Services (1.0%)
355,521
466,911
495,914
6,862
6,742
6,407
*
*
*
tw telecom inc Class A
Syniverse Holdings Inc.
Leap Wireless International Inc.
2,013,452
881,187
835,466
34,511
15,403
14,662
335,999
146,130
6,293
5,909
*
*
AboveNet Inc.
Cincinnati Bell Inc.
171,138
2,859,467
11,131
9,865
465,184
329,980
148,225
367,101
741,752
574,483
1,732,469
5,889
5,864
5,683
5,609
5,044
4,739
3,881
NTELOS Holdings Corp.
Iowa Telecommunications Services Inc.
Atlantic Tele-Network Inc.
PAETEC Holding Corp.
Neutral Tandem Inc.
Premiere Global Services Inc.
Shenandoah Telecommunications Co.
428,506
441,085
133,446
1,759,572
315,963
777,692
302,503
7,636
7,393
7,341
7,302
7,188
6,416
6,156
2,373,301
3,560
231,641
749,338
2,613,933
1,761,830
11,414,495
1,342,365
2,019,849
677,626
1,394,780
1,071,240
1,150,862
904,169
757,089
717,273
613,494
676,649
1,121,067
444,673
711,341
541,230
823,906
395,589
648,952
478,376
1,292,483
554,244
538,467
344,016
616,041
534,784
315,436
235,480
294,101
276,905
46,444
45,508
44,328
43,489
41,882
39,165
33,827
31,787
29,952
29,209
27,812
27,081
26,525
26,448
24,813
24,327
23,488
21,312
19,398
18,554
18,383
17,866
17,824
16,828
16,627
15,524
14,710
13,676
12,054
11,526
11,513
10,961
9,545
Global Crossing Ltd.
Cogent Communications Group Inc.
Consolidated Communications Holdings Inc.
*,^ Cbeyond Inc.
Alaska Communications Systems Group Inc.
USA Mobility Inc.
*
General Communication Inc. Class A
*
SureWest Communications
*
ICO Global Communications Holdings Ltd.
*,^ Vonage Holdings Corp.
*,^ TerreStar Corp.
*
FiberTower Corp.
405,048
569,467
319,238
312,827
600,025
305,980
437,027
182,206
1,659,764
957,467
942,405
143,427
5,772
5,615
5,587
4,927
4,788
3,369
2,788
1,815
1,793
1,340
886
599
174,283
Utilities (3.7%)
AGL Resources Inc.
Atmos Energy Corp.
Great Plains Energy Inc.
ITC Holdings Corp.
Westar Energy Inc.
Piedmont Natural Gas Co. Inc.
Hawaiian Electric Industries Inc.
Nicor Inc.
Vectren Corp.
WGL Holdings Inc.
Cleco Corp.
New Jersey Resources Corp.
Portland General Electric Co.
IDACORP Inc.
Southwest Gas Corp.
Northwest Natural Gas Co.
Avista Corp.
Unisource Energy Corp.
South Jersey Industries Inc.
PNM Resources Inc.
Black Hills Corp.
Allete Inc.
1,042,476
1,244,917
1,823,993
673,895
1,468,742
984,376
1,235,270
610,102
1,039,312
676,507
815,892
566,828
1,014,366
637,409
604,643
357,699
737,805
482,446
401,961
1,169,337
523,999
390,994
38,019
36,601
35,367
35,103
31,901
26,332
25,817
25,685
25,650
22,690
22,298
21,199
20,703
20,365
17,250
16,111
15,929
15,530
15,347
14,792
13,954
12,778
*
Louisiana-Pacific Corp.
Worthington Industries Inc.
Texas Industries Inc.
Century Aluminum Co.
Arch Chemicals Inc.
RTI International Metals Inc.
Calgon Carbon Corp.
Ferro Corp.
*
PolyOne Corp.
AMCOL International Corp.
Kaiser Aluminum Corp.
*
Clearwater Paper Corp.
Koppers Holdings Inc.
Balchem Corp.
Glatfelter
Wausau Paper Corp.
*
Horsehead Holding Corp.
Stepan Co.
Westlake Chemical Corp.
Deltic Timber Corp.
A Schulman Inc.
*
Stillwater Mining Co.
Innophos Holdings Inc.
Haynes International Inc.
*
Buckeye Technologies Inc.
Zep Inc.
*
Brush Engineered Materials Inc.
*
Headwaters Inc.
Spartech Corp.
*
Boise Inc.
Olympic Steel Inc.
*
Graphic Packaging Holding Co.
*
Zoltek Cos. Inc.
Myers Industries Inc.
Innospec Inc.
AM Castle & Co.
*
LSB Industries Inc.
*
Bway Holding Co.
Neenah Paper Inc.
^
Hawkins Inc.
*,^ China Green Agriculture Inc.
*,^ ShengdaTech Inc.
American Vanguard Corp.
*
Landec Corp.
*
General Moly Inc.
*
United States Lime & Minerals Inc.
*
*
1,657,331
853,566
317,792
650,224
11,568
11,156
11,120
10,527
337,788
392,771
701,609
1,088,402
1,184,848
309,660
205,145
153,236
275,825
250,330
614,464
626,630
570,012
104,857
266,597
142,415
316,146
636,503
243,597
163,691
521,325
291,915
271,920
681,976
415,798
798,041
125,201
1,161,939
395,840
406,018
320,403
232,547
218,595
148,753
198,390
118,211
168,527
402,609
273,619
336,230
838,165
39,163
10,431
9,886
9,752
8,968
8,851
8,801
8,538
8,423
8,396
8,389
7,466
7,269
7,268
6,796
6,646
6,577
6,380
6,034
5,600
5,397
5,088
5,056
5,041
4,446
4,266
4,238
4,079
4,032
3,760
3,695
3,233
3,184
3,082
2,859
2,768
2,581
2,477
2,468
2,271
2,098
1,743
1,352
929,388
*
*
*
*
*
20
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.
^
*
Ormat Technologies Inc.
Dynegy Inc. Class A
Chesapeake Utilities Corp.
SJW Corp.
Middlesex Water Co.
304,370
1,526,954
134,854
207,798
230,679
9,003
8,581
5,599
5,500
4,233
177,847
161,963
128,256
3,888
3,683
3,576
856,449
23,968,134
Central Vermont Public Service Corp.
Unitil Corp.
Connecticut Water Service Inc.
普通株式総額 (原価
原価 $19,647,521)
短期現物投資 (2.0%)
Money Market Fund (2.0%)
Vanguard Market Liquidity Fund
クーポン
シェア数
シェア数
0.21%
477,032,000
クーポン 満期日
U.S. Government and Agency Obligations
Fannie Mae Discount Notes
Federal Home Loan Bank Discount
Notes
Freddie Mac Discount Notes
額面
(千
千ドル)
ドル
*
市場価額
（千ドル）
ドル）
477,032
市場価額
（千ドル）
ドル）
*
0.20%
2/14/11
8,000
7,998
0.26%
0.25%
3/23/11
3/21/11
600
1,000
600
999
NorthWestern Corp.
El Paso Electric Co.
MGE Energy Inc.
UIL Holdings Corp.
Ormat Technologies Inc.
484,847
606,599
311,781
383,588
275,608
12,616
12,302
11,143
10,771
10,429
California Water Service Group
Laclede Group Inc.
CH Energy Group Inc.
American States Water Co.
Empire District Electric Co.
SJW Corp.
263,077
284,056
212,983
249,548
465,225
187,673
9,687
9,593
9,056
8,836
8,714
4,236
Chesapeake Utilities Corp.
Central Vermont Public Service Corp.
Middlesex Water Co.
Connecticut Water Service Inc.
120,287
158,021
182,105
115,326
3,855
3,287
3,211
2,857
Consolidated Water Co. Ltd.
China Natural Gas Inc.
186,933
178,391
2,671
1,984
634,669
普通株式総額 (原価
原価 $16,623,023)
短期現物投資合計 (原価
原価 $486,629)
投資総額 (101.8%) (原価
原価 $20,134,150)
その他資産
その他資産および
他資産および負債
および負債 (-1.8%)
9,597
486,629
24,454,763
-436,060
転換優先株 (0.0%)
Consumer Discretionary (0.0%)
Sealy Corp. Pfd. (原価 $1,214) , 8.000%
純資産 (100%)
24,018,703
短期現物投資 (2.1%)
Money Market Fund (2.1%)
Vanguard Market Liquidity Fund , 0.187%
* 配当を出さない有価証券
^ 証券ポジションの一部はブローカー/ディーラーに貸し付けられている
17,239,723
クーポン
11,758
シェア数
シェア数
362,130,342
額面
(千
千ドル)
ドル
U.S. Government and Agency Obligations (0.0%)
Fannie Mae Discount Notes , 0.100% , 3/10/10
Freddie Mac Discount Notes , 0.111% , 3/31/10
Freddie Mac Discount Notes , 0.230% , 6/21/10
短期現物投資合計 (原価
原価 $364,630)
投資総額 (101.8%) (原価
原価 $16,988,867)
その他資産及
その他資産及び
他資産及び負債 (-1.8%)
純資産 (100%)
2,000
2,500
2,000
市場価額
(千
千ドル)
ドル
1,006
市場価額
(千
千ドル)
ドル
362,130
市場価額
（千ドル）
ドル）
2,000
2,499
1,998
6,497
368,627
17,609,356
(318,435)
17,290,921
* 配当を出さない有価証券
^ 証券ポジションの一部はブローカー/ディーラーに貸し付けられている
当該 ETF は Vanguard Small-Cap Index Fund のシェアクラスの１つです。上記株式数と価格は Vanguard
Small-Cap Index Fund の全シェアクラスの合計を表しています。
（注１）
（注２）
（注３）
（注４）
当該証券については我が国の金融商品取引法に基づいた発行者開示は行われていません。
本説明書は、日本証券業協会による「外国証券の取引に関する規則」に従って作成したものであり、当該証券に関する詳細かつ完全
な情報が記載されているものではありません。
株価の下落や発行者の経営・財務状況の変化およびそれらに関する外部評価の変化等により、損失を被ることがあります。さらに為
替相場の変動により、損失を被ることがあります。
本説明書は目論見書、年次報告書などに基づいて作成するため、記載された決算期が直近に終了した決算期より古い場合や、年次
報告書などがリリースされた後の決算数字修正を反映していない場合がありますので、ご了承ください。
21
Copyright (C) 2011 Vanguard Investments Japan Ltd. All Rights Reserved.