S&P 500 Companies by Number of Employees 2023

A Complete Listing of All The Companies in the S&P 500 Index Sorted By Number of Employees & Industry Sectors

By
Barry D. Moore CFTe
-

The companies listed on the S&P 500 index are the USA’s largest and most successful companies. The Index is managed by the Standard & Poor rating agency. A company becomes a constituent of the S&P 500 when its market capitalization (total outstanding shares X share price) is ranked in the top 500.

S&P 500 Companies by Number of Employees
S&P 500 Companies by Number of Employees

The S&P 500 Index

The S&P 500 Index lists the largest 500 companies (by market capitalization) traded on the U.S. Stock Exchanges. Hence, it includes companies traded on the Nasdaq and the New York Stock Exchange (NYSE). It is typically used as the benchmark against which all US investments are measured. The term beat the market usually refers to an investment that returns better results than the S&P 500.

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S&P 500 Companies By Market Cap per Employee

Understanding market capitalization per employee is an important metric for investors looking to buy stocks of companies with the most efficient use of personnel. High ratios usually signify strong business models and overall success in the markets.

Below is the list of S&P 500 Companies sorted by Sector, Market Cap per Employee, and Alphabetically. This list should be used as a starting point for investors wishing to invest in the S&P 500.

Walmart is the largest employer listed on the S&P 500 index, with 2.1 million employees and a market capitalization of $425 billion in 2023. Interestingly, Amazon Inc. has 1.54 million employees and is valued at four times that of Walmart at $1,366 billion.

Five of the top 10 employers are in the Retail Trade & Consumer Services Sectors. However, the companies with the most market capitalization per employee are in the Finance Sector.

Ticker Description Sector  Market Capitalization $  Number of Employees   Market Cap/Employee $
VTR Ventas, Inc. Finance               50,551,953,047                    451         112,088,588
PNW Pinnacle West Capital Corporation Utilities                 8,866,680,052                      82         108,130,245
O Realty Income Corporation Finance               40,315,835,840                    395         102,065,407
WELL Welltower Inc. Finance               42,426,850,696                    514           82,542,511
HST Host Hotels Finance               11,250,473,110                    165           68,184,686
PEAK Healthpeak Properties, Inc. Finance               11,195,662,015                    199           56,259,608
PLD Prologis, Inc. Finance             113,828,796,051                 2,466           46,159,285
NVDA NVIDIA Corporation Electronic Technology          1,069,485,293,976               26,196           40,826,282
ARE Alexandria Real Estate Equities, Inc. Finance               20,102,417,897                    593           33,899,524
HES Hess Corporation Energy Minerals               47,766,412,551                 1,623           29,430,938
FANG Diamondback Energy, Inc. Energy Minerals               26,472,277,971                    972           27,234,854
PXD Pioneer Natural Resources Company Energy Minerals               55,454,957,524                 2,076           26,712,407
EOG EOG Resources, Inc. Energy Minerals               76,060,734,193                 2,850           26,687,977
FRT Federal Realty Investment Trust Finance                 7,891,495,663                    322           24,507,751
REG Regency Centers Corporation Finance               10,502,247,044                    445           23,600,555
VRSN VeriSign, Inc. Technology Services               20,764,952,544                    917           22,644,441
CTRA Coterra Energy Inc. Energy Minerals               20,975,165,115                    981           21,381,412
CME CME Group Inc. Finance               73,291,701,083                 3,460           21,182,573
EQT EQT Corporation Energy Minerals               15,721,259,481                    744           21,130,725
VRTX Vertex Pharmaceuticals Incorporated Health Technology               88,996,253,919                 4,800           18,540,886
KIM Kimco Realty Corporation (HC) Finance               11,746,784,396                    639           18,383,074
V Visa Inc. Commercial Services             485,525,515,662               26,500           18,321,718
DVN Devon Energy Corporation Energy Minerals               32,028,594,507                 1,800           17,793,664
AVGO Broadcom Inc. Electronic Technology             340,812,095,959               20,000           17,040,605
AAPL Apple Inc. Electronic Technology          2,728,017,215,293            164,000           16,634,251
ANET Arista Networks, Inc. Electronic Technology               55,891,684,799                 3,612           15,473,888
COP ConocoPhillips Energy Minerals             140,453,676,582                 9,500           14,784,598
NFLX Netflix, Inc. Technology Services             179,266,158,431               12,800           14,005,169
INVH Invitation Homes Inc. Finance               20,512,773,371                 1,511           13,575,628
LLY Eli Lilly and Company Health Technology             518,723,331,656               39,000           13,300,598
SBAC SBA Communications Corporation Finance               23,946,080,316                 1,834           13,056,750
AMT American Tower Corporation (REIT) Finance               82,187,878,166                 6,391           12,859,940
BXP Boston Properties, Inc. Finance                 9,891,878,595                    780           12,681,896
MKTX MarketAxess Holdings, Inc. Finance                 9,351,536,705                    744           12,569,270
MA Mastercard Incorporated Commercial Services             369,364,486,503               29,900           12,353,327
MO Altria Group, Inc. Consumer Non-Durables               76,148,513,926                 6,300           12,087,066
MNST Monster Beverage Corporation Consumer Non-Durables               60,085,650,293                 5,296           11,345,478
SPG Simon Property Group, Inc. Finance               37,348,857,720                 3,300           11,317,836
DLR Digital Realty Trust, Inc. Finance               36,885,126,470                 3,412           10,810,412
MSFT Microsoft Corporation Technology Services          2,351,371,643,107            221,000           10,639,691
CBOE Cboe Global Markets, Inc. Finance               15,840,189,893                 1,543           10,265,839
MRO Marathon Oil Corporation Energy Minerals               15,984,085,071                 1,570           10,180,946
EQR Equity Residential Finance               24,167,105,804                 2,400           10,069,627
MRNA Moderna, Inc. Health Technology               38,675,818,252                 3,900              9,916,876
OKE ONEOK, Inc. Industrial Services               29,367,465,542                 2,966              9,901,371
UDR UDR, Inc. Finance               12,668,514,888                 1,326              9,553,933
NEE NextEra Energy, Inc. Utilities             137,268,524,235               15,300              8,971,799
CCI Crown Castle Inc. Finance               43,276,780,689                 5,000              8,655,356
MSCI MSCI Inc. Technology Services               41,139,536,988                 4,759              8,644,576
AVB AvalonBay Communities, Inc. Finance               25,423,547,900                 2,947              8,626,925
ESS Essex Property Trust, Inc. Finance               15,176,141,995                 1,772              8,564,414
GOOG Alphabet Inc. Technology Services          1,611,856,497,958            190,234              8,473,020
GOOGL Alphabet Inc. Technology Services          1,610,343,852,181            190,234              8,465,069
META Meta Platforms, Inc. Technology Services             728,967,239,293               86,482              8,429,121
WMB Williams Companies, Inc. (The) Industrial Services               42,294,976,607                 5,043              8,386,868
ISRG Intuitive Surgical, Inc. Health Technology             100,469,864,749               12,120              8,289,593
PSA Public Storage Finance               47,892,431,291                 5,900              8,117,361
ADBE Adobe Inc. Technology Services             231,605,653,875               29,239              7,921,121
INTU Intuit Inc. Technology Services             136,097,826,356               17,300              7,866,926
REGN Regeneron Pharmaceuticals, Inc. Health Technology               88,178,356,962               11,851              7,440,584
ICE Intercontinental Exchange Inc. Finance               63,734,283,637                 8,911              7,152,316
XOM Exxon Mobil Corporation Energy Minerals             440,511,349,736               62,000              7,105,022
MPWR Monolithic Power Systems, Inc. Electronic Technology               23,042,851,851                 3,247              7,096,659
MAA Mid-America Apartment Communities, Inc. Finance               16,760,646,235                 2,387              7,021,636
CVX Chevron Corporation Energy Minerals             306,932,521,814               43,846              7,000,240
CPT Camden Property Trust Finance               11,353,978,655                 1,650              6,881,199
AMD Advanced Micro Devices, Inc. Electronic Technology             170,372,551,712               25,000              6,814,902
TRGP Targa Resources, Inc. Utilities               18,959,615,960                 2,850              6,652,497
ENPH Enphase Energy, Inc. Electronic Technology               17,772,560,194                 2,821              6,300,092
EG Everest Group, Ltd. Finance               15,121,807,278                 2,428              6,228,092
FICO Fair Isaac Corporation Technology Services               21,032,433,973                 3,404              6,178,741
INCY Incyte Corporation Health Technology               14,350,575,608                 2,324              6,174,946
ZTS Zoetis Inc. Health Technology               83,579,740,494               13,800              6,056,503
APA APA Corporation Energy Minerals               13,587,276,256                 2,273              5,977,684
CDNS Cadence Design Systems, Inc. Technology Services               59,943,285,720               10,200              5,876,793
BF.B Brown Forman Inc Consumer Non-Durables               32,777,590,369                 5,600              5,853,141
EQIX Equinix, Inc. Finance               70,532,986,440               12,097              5,830,618
CSGP CoStar Group, Inc. Technology Services               31,968,671,983                 5,653              5,655,169
CF CF Industries Holdings, Inc. Process Industries               15,252,509,998                 2,700              5,649,078
EXR Extra Space Storage Inc Finance               26,713,801,747                 4,781              5,587,493
GILD Gilead Sciences, Inc. Health Technology               94,547,572,998               17,000              5,561,622
AMGN Amgen Inc. Health Technology             140,047,831,256               25,200              5,557,454
PODD Insulet Corporation Health Technology               14,320,659,040                 2,600              5,507,946
ATVI Activision Blizzard, Inc Technology Services               71,181,646,046               13,000              5,475,511
NOW ServiceNow, Inc. Technology Services             110,628,454,634               20,433              5,414,205
DXCM DexCom, Inc. Health Technology               41,133,802,998                 7,600              5,412,342
TSLA Tesla, Inc. Consumer Durables             683,964,053,782            127,855              5,349,529
AXON Axon Enterprise, Inc. Electronic Technology               14,959,474,854                 2,821              5,302,898
ABBV AbbVie Inc. Health Technology             265,004,108,705               50,000              5,300,082
PANW Palo Alto Networks, Inc. Technology Services               64,134,694,722               12,561              5,105,859
BLK BlackRock, Inc. Finance             100,070,096,351               19,800              5,054,045
BKNG Booking Holdings Inc. Common Stock Consumer Services             109,161,968,068               21,600              5,053,795
LRCX Lam Research Corporation Producer Manufacturing               86,522,191,352               17,200              5,030,360
VLO Valero Energy Corporation Energy Minerals               47,171,490,774                 9,743              4,841,578
ACGL Arch Capital Group Ltd. Finance               28,061,078,428                 5,800              4,838,117
VRSK Verisk Analytics, Inc. Technology Services               33,492,553,797                 7,000              4,784,651
OXY Occidental Petroleum Corporation Energy Minerals               56,681,568,220               11,973              4,734,116
TXN Texas Instruments Incorporated Electronic Technology             151,167,305,708               33,000              4,580,827
MTCH Match Group, Inc. Technology Services               12,347,052,590                 2,720              4,539,358
ANSS ANSYS, Inc. Technology Services               25,394,198,567                 5,600              4,534,678
UNP Union Pacific Corporation Transportation             137,286,101,364               30,717              4,469,385
STZ Constellation Brands, Inc. Consumer Non-Durables               47,126,533,141               10,700              4,404,349
CPRT Copart, Inc. Commercial Services               41,460,875,531                 9,500              4,364,303
CHD Church & Dwight Company, Inc. Consumer Non-Durables               22,904,513,082                 5,250              4,362,764
KLAC KLA Corporation Electronic Technology               65,346,729,935               15,000              4,356,449
BIIB Biogen Inc. Health Technology               37,820,613,606                 8,725              4,334,741
AWK American Water Works Company, Inc. Utilities               27,051,153,636                 6,500              4,161,716
MCO Moody’s Corporation Commercial Services               60,008,170,000               14,426              4,159,723
LNT Alliant Energy Corporation Utilities               12,792,640,463                 3,129              4,088,412
MRK Merck & Company, Inc. Health Technology             277,097,314,775               69,000              4,015,903
NDAQ Nasdaq, Inc. Finance               25,450,176,296                 6,377              3,990,932
PSX Phillips 66 Energy Minerals               50,869,691,865               13,000              3,913,053
WEC WEC Energy Group, Inc. Utilities               27,124,217,149                 7,022              3,862,748
BMY Bristol-Myers Squibb Company Health Technology             129,649,721,909               34,300              3,779,875
IDXX IDEXX Laboratories, Inc. Health Technology               40,155,591,970               10,780              3,725,009
KMI Kinder Morgan, Inc. Industrial Services               38,836,921,228               10,525              3,689,969
ADI Analog Devices, Inc. Electronic Technology               88,903,581,159               24,450              3,636,138
AMAT Applied Materials, Inc. Producer Manufacturing             119,798,366,106               33,000              3,630,254
ATO Atmos Energy Corporation Utilities               17,364,171,547                 4,791              3,624,331
FTNT Fortinet, Inc. Technology Services               44,889,857,888               12,595              3,564,101
FSLR First Solar, Inc. Electronic Technology               19,433,698,483                 5,500              3,533,400
GEN Gen Digital Inc. Technology Services               13,025,375,345                 3,700              3,520,372
AFL AFLAC Incorporated Finance               44,465,578,484               12,882              3,451,760
SNPS Synopsys, Inc. Technology Services               64,823,017,177               19,000              3,411,738
PG Procter & Gamble Company (The) Consumer Non-Durables             359,583,481,922            107,000              3,360,593
TDG Transdigm Group Inc. Electronic Technology               47,299,142,061               14,400              3,284,663
ROP Roper Technologies, Inc. Technology Services               51,684,358,159               15,800              3,271,162
ETSY Etsy, Inc. Retail Trade                 9,075,957,865                 2,790              3,253,031
MPC Marathon Petroleum Corporation Energy Minerals               57,825,449,488               17,800              3,248,621
KO Coca-Cola Company (The) Consumer Non-Durables             263,568,843,499               82,500              3,194,774
CINF Cincinnati Financial Corporation Finance               16,292,648,435                 5,148              3,164,850
ADSK Autodesk, Inc. Technology Services               42,676,891,922               13,700              3,115,102
SCHW Charles Schwab Corporation (The) Finance             108,392,664,416               35,300              3,070,614
TROW T. Rowe Price Group, Inc. Finance               24,136,394,198                 7,868              3,067,666
SPGI S&P Global Inc. Commercial Services             121,552,406,207               39,950              3,042,613
NVR NVR, Inc. Consumer Durables               19,843,738,198                 6,550              3,029,578
GL Globe Life Inc. Finance               10,661,524,446                 3,543              3,009,180
DHI D.R. Horton, Inc. Consumer Durables               39,685,570,607               13,237              2,998,079
JNJ Johnson & Johnson Health Technology             448,296,231,871            152,700              2,935,797
ALB Albemarle Corporation Process Industries               21,520,223,515                 7,400              2,908,138
APD Air Products and Chemicals, Inc. Process Industries               63,272,413,581               21,900              2,889,151
EVRG Evergy, Inc. Utilities               12,955,201,859                 4,512              2,871,277
PPL PPL Corporation Utilities               18,648,340,336                 6,527              2,857,107
MLM Martin Marietta Materials, Inc. Non-Energy Minerals               26,648,120,683                 9,400              2,834,906
SRE DBA Sempra Utilities               44,501,454,004               15,785              2,819,224
LIN Linde plc Process Industries             183,028,485,644               65,010              2,815,390
LEN Lennar Corporation Consumer Durables               33,253,127,551               12,012              2,768,326
CSX CSX Corporation Transportation               61,935,406,680               22,500              2,752,685
EW Edwards Lifesciences Corporation Health Technology               46,554,232,956               17,300              2,690,996
PAYC Paycom Software, Inc. Technology Services               17,010,591,901                 6,349              2,679,255
XEL Xcel Energy Inc. Utilities               32,093,691,218               11,982              2,678,492
WST West Pharmaceutical Services, Inc. Health Technology               28,641,162,474               10,700              2,676,744
SO Southern Company (The) Utilities               73,949,967,038               27,700              2,669,674
PHM PulteGroup, Inc. Consumer Durables               17,402,024,374                 6,524              2,667,386
PAYX Paychex, Inc. Technology Services               43,438,555,136               16,600              2,616,780
HOLX Hologic, Inc. Health Technology               17,917,512,979                 6,944              2,580,287
PTC PTC Inc. Technology Services               16,628,330,745                 6,503              2,557,025
WY Weyerhaeuser Company Finance               23,500,855,113                 9,264              2,536,794
AMP Ameriprise Financial, Inc. Finance               34,109,837,410               13,500              2,526,655
DUK Duke Energy Corporation (Holding Company) Utilities               70,288,528,982               27,859              2,523,010
CEG Constellation Energy Corporation Utilities               33,693,159,671               13,370              2,520,057
CRM Salesforce, Inc. Technology Services             199,504,416,416               79,390              2,512,967
SJM J.M. Smucker Company (The) New Consumer Non-Durables               14,495,721,164                 5,800              2,499,262
NSC Norfolk Southern Corporation Transportation               48,152,211,047               19,300              2,494,933
PFE Pfizer, Inc. Health Technology             206,980,864,752               83,000              2,493,745
VMC Vulcan Materials Company (Holding Company) Non-Energy Minerals               28,141,054,023               11,397              2,469,163
PEG Public Service Enterprise Group Incorporated Utilities               30,355,935,039               12,525              2,423,628
CB Chubb Limited Finance               82,105,914,715               34,000              2,414,880
QCOM QUALCOMM Incorporated Electronic Technology             122,871,602,043               51,000              2,409,247
RMD ResMed Inc. Health Technology               24,365,321,134               10,140              2,402,892
AEP American Electric Power Company, Inc. Utilities               40,709,208,895               16,974              2,398,327
TER Teradyne, Inc. Electronic Technology               15,564,628,272                 6,500              2,394,558
EA Electronic Arts Inc. Technology Services               32,065,103,661               13,400              2,392,918
D Dominion Energy, Inc. Utilities               40,524,914,060               17,200              2,356,100
ES Eversource Energy (D/B/A) Utilities               22,505,561,561                 9,626              2,337,997
MSI Motorola Solutions, Inc. Electronic Technology               46,378,007,432               20,000              2,318,900
ILMN Illumina, Inc. Health Technology               26,470,927,558               11,500              2,301,820
DHR Danaher Corporation Health Technology             185,629,109,809               81,000              2,291,717
AEE Ameren Corporation Utilities               21,169,731,270                 9,244              2,290,105
POOL Pool Corporation Distribution Services               13,648,272,928                 6,000              2,274,712
TMUS T-Mobile US, Inc. Communications             160,162,887,737               71,000              2,255,815
HSY The Hershey Company Consumer Non-Durables               44,733,542,105               19,865              2,251,877
GS Goldman Sachs Group, Inc. (The) Finance             107,120,020,932               48,500              2,208,660
CLX Clorox Company (The) Consumer Non-Durables               19,050,628,146                 8,700              2,189,727
PYPL PayPal Holdings, Inc. Commercial Services               65,245,385,101               29,900              2,182,120
FCX Freeport-McMoRan, Inc. Non-Energy Minerals               55,682,405,984               25,600              2,175,094
TYL Tyler Technologies, Inc. Technology Services               15,660,322,516                 7,200              2,175,045
ED Consolidated Edison, Inc. Utilities               30,808,574,522               14,319              2,151,587
DTE DTE Energy Company Utilities               21,770,081,535               10,250              2,123,910
EXC Exelon Corporation Utilities               39,818,718,370               19,063              2,088,796
SYK Stryker Corporation Health Technology             105,544,181,735               51,000              2,069,494
TTWO Take-Two Interactive Software, Inc. Technology Services               23,344,937,234               11,580              2,015,970
BRK.B Berkshire Hathaway Inc. New Finance             768,891,898,463            383,000              2,007,551
EIX Edison International Utilities               26,462,257,324               13,388              1,976,565
EBAY eBay Inc. Retail Trade               22,877,444,824               11,600              1,972,194
FLT FleetCor Technologies, Inc. Commercial Services               19,393,853,060                 9,900              1,958,975
WRB W.R. Berkley Corporation Finance               15,950,992,307                 8,186              1,948,570
WAT Waters Corporation Health Technology               15,957,788,758                 8,200              1,946,072
A Agilent Technologies, Inc. Health Technology               35,223,566,565               18,100              1,946,053
ORCL Oracle Corporation Technology Services             316,102,599,449            164,000              1,927,455
NKE Nike, Inc. Consumer Non-Durables             160,367,096,321               83,700              1,915,975
MCHP Microchip Technology Incorporated Electronic Technology               43,225,585,100               22,600              1,912,637
IEX IDEX Corporation Producer Manufacturing               16,588,516,144                 8,868              1,870,604
SEDG SolarEdge Technologies, Inc. Producer Manufacturing                 9,181,596,018                 4,926              1,863,905
PM Philip Morris International Inc Consumer Non-Durables             146,479,296,866               79,800              1,835,580
ODFL Old Dominion Freight Line, Inc. Transportation               42,995,898,919               23,471              1,831,873
CMS CMS Energy Corporation Utilities               16,608,000,108                 9,073              1,830,486
CL Colgate-Palmolive Company Consumer Non-Durables               61,629,853,437               33,800              1,823,368
AME AMETEK, Inc. Producer Manufacturing               35,633,484,769               19,600              1,818,035
NDSN Nordson Corporation Producer Manufacturing               13,240,734,933                 7,331              1,806,129
FI Fiserv, Inc. Finance               73,202,554,483               41,000              1,785,428
CDW CDW Corporation Technology Services               26,849,788,706               15,100              1,778,132
ETR Entergy Corporation Utilities               20,210,926,603               11,707              1,726,397
CTVA Corteva, Inc. Process Industries               36,027,619,693               21,000              1,715,601
MS Morgan Stanley Finance             140,659,902,525               82,427              1,706,478
EFX Equifax, Inc. Commercial Services               23,581,893,254               14,000              1,684,421
KDP Keurig Dr Pepper Inc. Consumer Non-Durables               47,157,502,166               28,000              1,684,197
FMC FMC Corporation Process Industries               11,101,283,966                 6,600              1,682,013
FE FirstEnergy Corp. Utilities               20,738,516,151               12,335              1,681,274
ADP Automatic Data Processing, Inc. Technology Services             103,429,305,077               63,000              1,641,735
LYB LyondellBasell Industries NV Process Industries               31,573,566,550               19,300              1,635,936
BSX Boston Scientific Corporation Distribution Services               73,489,363,770               45,000              1,633,097
MKC McCormick & Company, Incorporated Consumer Non-Durables               22,897,411,947               14,200              1,612,494
IR Ingersoll Rand Inc. Producer Manufacturing               26,888,520,479               17,000              1,581,678
TMO Thermo Fisher Scientific Inc Health Technology             205,471,945,947            130,000              1,580,553
AIG American International Group, Inc. New Finance               41,254,582,631               26,200              1,574,602
ABT Abbott Laboratories Health Technology             179,973,982,046            115,000              1,564,991
AKAM Akamai Technologies, Inc. Technology Services               15,307,872,094                 9,800              1,562,028
ITW Illinois Tool Works Inc. Producer Manufacturing               71,297,588,138               46,000              1,549,948
KEYS Keysight Technologies Inc. Electronic Technology               23,075,436,555               15,000              1,538,362
NI NiSource Inc Utilities               10,926,457,806                 7,117              1,535,262
FOXA Fox Corporation Consumer Services               15,882,819,682               10,400              1,527,194
AXP American Express Company Finance             118,002,804,852               77,300              1,526,556
FOX Fox Corporation Consumer Services               15,827,508,133               10,400              1,521,876
LYV Live Nation Entertainment, Inc. Consumer Services               19,422,461,727               12,800              1,517,380
DD DuPont de Nemours, Inc. Process Industries               34,613,202,897               23,000              1,504,922
SWKS Skyworks Solutions, Inc. Electronic Technology               16,688,402,341               11,150              1,496,718
FTV Fortive Corporation Electronic Technology               26,782,014,150               18,000              1,487,890
JPM JP Morgan Chase & Co. Finance             432,919,527,223            293,723              1,473,904
NXPI NXP Semiconductors NV. Electronic Technology               50,676,169,200               34,500              1,468,874
FAST Fastenal Company Distribution Services               32,845,933,656               22,386              1,467,253
FDS FactSet Research Systems Inc. Technology Services               16,379,991,200               11,203              1,462,108
MU Micron Technology, Inc. Electronic Technology               69,650,232,522               48,000              1,451,047
STLD Steel Dynamics, Inc. Non-Energy Minerals               17,432,416,419               12,060              1,445,474
MTD Mettler-Toledo International, Inc. Health Technology               25,902,812,743               18,000              1,439,045
BR Broadridge Financial Solutions, Inc. Technology Services               21,142,918,055               14,700              1,438,294
CNP CenterPoint Energy, Inc (Holding Co) Utilities               17,793,079,273               12,455              1,428,589
PGR Progressive Corporation (The) Finance               78,393,735,374               55,063              1,423,710
PCAR PACCAR Inc. Producer Manufacturing               44,260,681,014               31,100              1,423,173
DE Deere & Company Producer Manufacturing             116,403,156,028               82,200              1,416,097
ZBH Zimmer Biomet Holdings, Inc. Health Technology               24,904,346,934               18,000              1,383,575
MCD McDonald’s Corporation Consumer Services             205,321,797,459            150,000              1,368,812
HAS Hasbro, Inc. Consumer Durables                 8,846,118,248                 6,490              1,363,038
LW Lamb Weston Holdings, Inc. Consumer Non-Durables               13,814,381,270               10,200              1,354,351
GWW W.W. Grainger, Inc. Distribution Services               35,178,118,744               26,000              1,353,005
BIO Bio-Rad Laboratories, Inc. Health Technology               11,078,910,391                 8,200              1,351,087
XYL Xylem Inc. Producer Manufacturing               23,952,806,803               17,800              1,345,663
PCG Pacific Gas & Electric Co. Utilities               34,965,556,809               26,010              1,344,312
BEN Franklin Resources, Inc. Finance               13,103,157,503                 9,800              1,337,057
NUE Nucor Corporation Non-Energy Minerals               41,869,944,440               31,400              1,333,438
BRO Brown & Brown, Inc. Finance               20,247,139,684               15,201              1,331,961
ZBRA Zebra Technologies Corporation Electronic Technology               13,963,008,080               10,500              1,329,810
IT Gartner, Inc. Technology Services               25,866,495,836               19,500              1,326,487
AES The AES Corporation Utilities               12,060,019,390                 9,100              1,325,277
NTAP NetApp, Inc. Electronic Technology               15,876,504,006               12,000              1,323,042
AON Aon plc Finance               65,741,012,217               50,000              1,314,820
COO The Cooper Companies, Inc. Health Technology               18,266,444,058               14,000              1,304,746
STE STERIS plc (Ireland) Health Technology               22,114,192,898               17,000              1,300,835
WM Waste Management, Inc. Industrial Services               64,351,801,621               49,500              1,300,036
FFIV F5, Inc. Technology Services                 9,211,473,469                 7,089              1,299,404
TDY Teledyne Technologies Incorporated Electronic Technology               19,000,723,618               14,700              1,292,566
GPN Global Payments Inc. Commercial Services               32,254,843,664               25,000              1,290,194
ROK Rockwell Automation, Inc. Electronic Technology               33,486,310,147               26,000              1,287,935
CAT Caterpillar, Inc. Producer Manufacturing             139,677,186,754            109,100              1,280,268
HON Honeywell International Inc. Electronic Technology             123,881,919,976               97,000              1,277,133
CDAY Ceridian HCM Holding Inc. Technology Services               10,871,092,807                 8,526              1,275,052
NRG NRG Energy, Inc. Utilities                 8,351,330,487                 6,603              1,264,778
ON ON Semiconductor Corporation Electronic Technology               39,152,622,117               31,109              1,258,563
URI United Rentals, Inc. Finance               30,823,490,807               24,600              1,252,987
MOH Molina Healthcare Inc Health Services               18,319,608,038               15,000              1,221,307
DPZ Domino’s Pizza Inc Consumer Services               13,295,983,656               11,000              1,208,726
GIS General Mills, Inc. Consumer Non-Durables               40,804,707,812               34,000              1,200,138
VZ Verizon Communications Inc. Communications             139,490,054,291            117,100              1,191,205
HIG Hartford Financial Services Group, Inc. (The) Finance               21,963,744,975               18,800              1,168,284
ALGN Align Technology, Inc. Health Technology               26,814,348,905               23,165              1,157,537
RSG Republic Services, Inc. Industrial Services               46,272,159,042               40,000              1,156,804
DFS Discover Financial Services Finance               23,330,145,444               20,200              1,154,958
UNH UnitedHealth Group Incorporated Health Services             461,707,513,407            400,000              1,154,269
TT Trane Technologies plc Producer Manufacturing               44,982,944,153               39,000              1,153,409
L Loews Corporation Finance               13,889,077,998               12,050              1,152,621
CI The Cigna Group Health Services               81,693,476,157               71,300              1,145,771
TRV The Travelers Companies, Inc. Finance               37,196,259,853               32,500              1,144,500
LVS Las Vegas Sands Corp. Consumer Services               40,775,610,288               35,700              1,142,174
MDT Medtronic plc. Health Technology             108,454,644,596               95,000              1,141,628
QRVO Qorvo, Inc. Electronic Technology                 9,689,217,753                 8,500              1,139,908
SHW Sherwin-Williams Company (The) Process Industries               69,468,699,540               61,000              1,138,831
ROL Rollins, Inc. Consumer Services               19,865,604,921               17,515              1,134,205
KHC The Kraft Heinz Company Consumer Non-Durables               41,344,396,816               37,000              1,117,416
MCK McKesson Corporation Distribution Services               56,717,006,874               51,000              1,112,098
CTAS Cintas Corporation Consumer Services               49,389,425,174               44,500              1,109,875
TRMB Trimble Inc. Technology Services               13,106,417,733               11,825              1,108,365
SNA Snap-On Incorporated Consumer Durables               14,210,738,458               12,900              1,101,608
MMC Marsh & McLennan Companies, Inc. Finance               93,278,220,336               85,000              1,097,391
ECL Ecolab Inc. Process Industries               51,120,832,419               47,000              1,087,677
AJG Arthur J. Gallagher & Co. Finance               47,529,846,652               44,000              1,080,224
HRL Hormel Foods Corporation Consumer Non-Durables               21,462,877,957               20,000              1,073,144
ELV Elevance Health, Inc. Health Services             109,053,095,545            102,300              1,066,013
BAC Bank of America Corporation Finance             231,318,896,391            217,000              1,065,986
MDLZ Mondelez International, Inc. Consumer Non-Durables               96,766,517,287               91,000              1,063,368
ADM Archer-Daniels-Midland Company Process Industries               44,405,297,970               42,001              1,057,244
MET MetLife, Inc. Finance               46,820,918,533               45,000              1,040,465
INTC Intel Corporation Electronic Technology             137,157,007,708            131,900              1,039,856
BDX Becton, Dickinson and Company Health Technology               79,399,811,792               77,000              1,031,166
CMCSA Comcast Corporation Consumer Services             188,766,086,139            186,000              1,014,871
YUM Yum! Brands, Inc. Consumer Services               36,180,879,085               36,000              1,005,024
DOW Dow Inc. Process Industries               37,980,089,510               37,800              1,004,764
RJF Raymond James Financial, Inc. Finance               21,949,247,064               22,043                 995,747
GRMN Garmin Ltd. Electronic Technology               19,441,906,966               19,700                 986,899
KMB Kimberly-Clark Corporation Consumer Non-Durables               43,368,862,403               44,000                 985,656
PNR Pentair plc. Producer Manufacturing               10,996,547,428               11,250                 977,471
LMT Lockheed Martin Corporation Electronic Technology             113,339,268,033            116,000                 977,063
MOS Mosaic Company (The) Process Industries               13,128,383,057               13,570                 967,456
CE Celanese Corporation Process Industries               12,811,907,064               13,263                 965,989
EXPE Expedia Group, Inc. Consumer Services               15,880,434,951               16,500                 962,451
PFG Principal Financial Group Inc Finance               18,483,939,432               19,300                 957,717
HWM Howmet Aerospace Inc. Electronic Technology               20,107,506,873               21,400                 939,603
NEM Newmont Corporation Non-Energy Minerals               30,358,778,395               32,400                 936,999
ETN Eaton Corporation, PLC Producer Manufacturing               85,645,351,950               91,924                 931,697
MTB M&T Bank Corporation Finance               21,189,871,113               22,808                 929,054
RF Regions Financial Corporation Finance               18,335,895,562               20,073                 913,461
HUM Humana Inc. Health Services               60,762,631,654               67,100                 905,553
FITB Fifth Third Bancorp Finance               17,423,942,985               19,319                 901,907
AMZN Amazon.com, Inc. Retail Trade          1,366,884,251,763         1,541,000                 887,011
BA Boeing Company (The) Electronic Technology             136,716,081,029            156,000                 876,385
PKG Packaging Corporation of America Process Industries               13,215,717,773               15,100                 875,213
CPB Campbell Soup Company Consumer Non-Durables               12,767,276,566               14,700                 868,522
AOS A.O. Smith Corporation Producer Manufacturing               10,371,810,403               12,000                 864,318
EXPD Expeditors International of Washington, Inc. Transportation               17,130,929,366               19,900                 860,851
CARR Carrier Global Corporation Producer Manufacturing               44,720,954,523               52,000                 860,018
PRU Prudential Financial, Inc. Finance               33,686,399,336               39,854                 845,245
RVTY Revvity, Inc. Health Technology               14,054,537,712               16,700                 841,589
SLB Schlumberger NV. Industrial Services               82,471,424,751               99,000                 833,045
JNPR Juniper Networks, Inc. Technology Services                 9,062,356,138               10,901                 831,333
WBD Warner Bros. Discovery, Inc. – Series A Consumer Services               31,149,774,743               37,500                 830,661
ABC AmerisourceBergen Corporation Distribution Services               36,234,062,305               44,000                 823,501
TAP Molson Coors Beverage Company Consumer Non-Durables               13,659,777,672               16,600                 822,878
BALL Ball Corporation Process Industries               17,192,747,934               21,000                 818,702
CMA Comerica Incorporated Finance                 6,229,076,130                 7,649                 814,365
PNC PNC Financial Services Group, Inc. (The) Finance               49,064,967,725               61,545                 797,221
COST Costco Wholesale Corporation Retail Trade             241,489,319,696            304,000                 794,373
IVZ Invesco Ltd Finance                 6,836,977,250                 8,611                 793,982
HAL Halliburton Company Industrial Services               35,402,723,240               45,000                 786,727
DOV Dover Corporation Producer Manufacturing               19,662,063,762               25,000                 786,483
PEP PepsiCo, Inc. Consumer Non-Durables             245,279,121,127            315,000                 778,664
CAG ConAgra Brands, Inc. Consumer Non-Durables               14,426,798,781               18,600                 775,634
ALLE Allegion plc Producer Manufacturing                 9,447,763,156               12,300                 768,111
SYF Synchrony Financial Finance               13,871,133,172               18,500                 749,791
LHX L3Harris Technologies, Inc. Electronic Technology               34,323,800,660               46,000                 746,170
GNRC Generac Holdings Inc. Producer Manufacturing                 7,055,196,136                 9,500                 742,652
WAB Westinghouse Air Brake Technologies Corporation Producer Manufacturing               19,946,161,288               27,000                 738,747
BG Bunge Limited Bunge Limited Process Industries               16,951,788,665               23,000                 737,034
TFC Truist Financial Corporation Finance               38,334,266,994               52,848                 725,368
USB US Bancorp Finance               56,474,449,436               78,192                 722,254
COF Capital One Financial Corporation Finance               40,066,608,402               55,943                 716,204
DIS Walt Disney Company (The) Consumer Services             157,075,139,070            220,000                 713,978
GE General Electric Company Producer Manufacturing             121,669,808,694            172,000                 707,383
K Kellogg Company Consumer Non-Durables               21,174,142,244               30,000                 705,805
HD Home Depot, Inc. (The) Retail Trade             329,129,972,182            471,600                 697,901
CFG Citizens Financial Group, Inc. Finance               13,087,278,227               18,889                 692,852
RTX RTX Corporation Electronic Technology             124,883,190,494            182,000                 686,171
NOC Northrop Grumman Corporation Electronic Technology               65,084,593,072               95,000                 685,101
EMN Eastman Chemical Company Process Industries                 9,914,815,964               14,500                 683,780
NTRS Northern Trust Corporation Finance               15,885,500,213               23,600                 673,114
MAS Masco Corporation Producer Manufacturing               12,773,550,021               19,000                 672,292
BK The Bank of New York Mellon Corporation Finance               34,282,000,487               51,700                 663,095
IFF International Flavors & Fragrances, Inc. Consumer Non-Durables               16,257,038,604               24,600                 660,855
TFX Teleflex Incorporated Health Technology               10,225,964,365               15,500                 659,740
IRM Iron Mountain Incorporated (Delaware) Finance               17,090,877,940               26,000                 657,341
WFC Wells Fargo & Company Finance             155,498,290,602            238,000                 653,354
BKR Baker Hughes Company Industrial Services               35,600,396,505               55,000                 647,280
ORLY O’Reilly Automotive, Inc. Retail Trade               56,522,324,456               87,745                 644,166
EMR Emerson Electric Company Electronic Technology               54,743,986,919               85,500                 640,281
CHRW C.H. Robinson Worldwide, Inc. Transportation               11,059,815,670               17,399                 635,658
PPG PPG Industries, Inc. Process Industries               32,861,130,701               52,000                 631,945
T AT&T Inc. Communications             100,443,451,641            160,700                 625,037
PWR Quanta Services, Inc. Industrial Services               29,485,556,313               47,300                 623,373
GEHC GE HealthCare Technologies Inc. Health Technology               31,092,740,873               50,000                 621,855
CHTR Charter Communications, Inc. Consumer Services               62,932,140,344            101,700                 618,802
MMM 3M Company Producer Manufacturing               55,204,764,744               92,000                 600,052
GD General Dynamics Corporation Electronic Technology               61,276,213,340            106,500                 575,364
OGN Organon & Co. Health Technology                 5,747,731,853               10,000                 574,773
APH Amphenol Corporation Electronic Technology               50,835,765,835               91,000                 558,635
AIZ Assurant, Inc. Finance                 7,460,822,436               13,700                 544,586
JBHT J.B. Hunt Transport Services, Inc. Transportation               19,739,854,678               37,151                 531,341
HPQ HP Inc. Electronic Technology               30,623,796,049               58,000                 527,996
XRAY DENTSPLY SIRONA Inc. Health Technology                 7,897,006,636               15,000                 526,467
ZION Zions Bancorporation N.A. Finance                 5,145,080,633                 9,989                 515,075
STT State Street Corporation Finance               21,651,610,699               42,226                 512,755
ALL Allstate Corporation (The) Finance               27,776,518,622               54,500                 509,661
OTIS Otis Worldwide Corporation Producer Manufacturing               34,475,407,689               69,000                 499,644
TSCO Tractor Supply Company Retail Trade               23,863,741,820               49,000                 487,015
CMG Chipotle Mexican Grill, Inc. Consumer Services               51,015,016,997            104,958                 486,052
NWS News Corporation Consumer Services               11,952,807,061               25,000                 478,112
NWSA News Corporation Consumer Services               11,941,302,916               25,000                 477,652
GLW Corning Incorporated Electronic Technology               27,423,368,120               57,500                 476,928
CRL Charles River Laboratories International, Inc. Commercial Services               10,197,872,196               21,400                 476,536
FIS Fidelity National Information Services, Inc. Technology Services               32,816,665,687               69,000                 475,604
CNC Centene Corporation Health Services               34,492,224,212               74,300                 464,229
IQV IQVIA Holdings, Inc. Health Services               39,184,501,014               86,000                 455,634
HSIC Henry Schein, Inc. Distribution Services                 9,992,333,348               22,000                 454,197
CMI Cummins Inc. Producer Manufacturing               33,091,600,533               73,600                 449,614
CAH Cardinal Health, Inc. Distribution Services               21,521,017,385               48,000                 448,355
WTW Willis Towers Watson Public Limited Company Finance               20,853,466,852               46,600                 447,499
TXT Textron Inc. Electronic Technology               14,904,812,353               34,000                 438,377
TEL TE Connectivity Ltd. New Switzerland Registered Shares Electronic Technology               40,089,961,794               92,000                 435,760
KMX CarMax Inc Retail Trade               13,050,712,231               30,621                 426,201
ULTA Ulta Beauty, Inc. Retail Trade               22,556,636,549               53,000                 425,597
CTLT Catalent, Inc. Health Technology                 7,996,854,015               19,000                 420,887
LOW Lowe’s Companies, Inc. Retail Trade             128,534,892,552            307,000                 418,680
IBM International Business Machines Corporation Technology Services             128,825,393,714            311,300                 413,830
ROST Ross Stores, Inc. Retail Trade               40,442,662,027            101,000                 400,422
STX Seagate Technology Holdings PLC Electronic Technology               13,345,754,687               33,400                 399,573
PARA Paramount Global Consumer Services                 9,777,476,050               24,500                 399,081
AZO AutoZone, Inc. Retail Trade               44,634,454,686            112,000                 398,522
AVY Avery Dennison Corporation Process Industries               14,275,248,552               36,000                 396,535
WYNN Wynn Resorts, Limited Consumer Services               10,696,343,017               27,000                 396,161
JCI Johnson Controls International plc Producer Manufacturing               40,336,176,749            102,000                 395,453
LNC Lincoln National Corporation Finance                 4,368,181,590               11,316                 386,018
GPC Genuine Parts Company Distribution Services               21,749,626,175               58,000                 374,994
VTRS Viatris Inc. Health Technology               13,506,735,802               37,000                 365,047
HPE Hewlett Packard Enterprise Company Electronic Technology               21,955,806,240               60,200                 364,714
BAX Baxter International Inc. Health Technology               21,162,657,247               60,000                 352,711
AMCR Amcor plc Process Industries               14,081,716,005               41,000                 343,456
C Citigroup, Inc. Finance               81,360,929,490            240,000                 339,004
MGM MGM Resorts International Consumer Services               14,926,825,903               46,000                 324,496
RL Ralph Lauren Corporation Consumer Non-Durables                 7,536,188,250               23,300                 323,442
TJX TJX Companies, Inc. (The) Retail Trade             102,879,833,860            329,000                 312,705
LKQ LKQ Corporation Consumer Durables               14,017,277,724               45,000                 311,495
IP International Paper Company Process Industries               11,940,429,299               39,000                 306,165
DGX Quest Diagnostics Incorporated Health Services               14,983,373,204               49,000                 305,783
SEE Sealed Air Corporation Process Industries                 4,976,373,834               16,300                 305,299
LDOS Leidos Holdings, Inc. Electronic Technology               13,199,442,297               45,000                 293,321
LUV Southwest Airlines Company Transportation               19,149,624,084               66,656                 287,290
CVS CVS Health Corporation Retail Trade               85,810,704,307            300,000                 286,036
DAL Delta Air Lines, Inc. Transportation               26,695,428,470               95,000                 281,005
J Jacobs Solutions Inc. Technology Services               16,816,288,687               60,000                 280,271
ACN Accenture plc Technology Services             201,246,616,516            721,000                 279,122
SBUX Starbucks Corporation Consumer Services             111,367,244,022            402,000                 277,033
F Ford Motor Company Consumer Durables               47,866,618,001            173,000                 276,686
UPS United Parcel Service, Inc. Transportation             146,457,435,764            536,000                 273,241
GM General Motors Company Consumer Durables               45,569,980,121            167,000                 272,874
SWK Stanley Black & Decker, Inc. Consumer Durables               13,747,798,996               54,200                 253,649
HCA HCA Healthcare, Inc. Health Services               73,175,649,258            294,000                 248,897
HLT Hilton Worldwide Holdings Inc. Consumer Services               39,436,241,542            159,000                 248,027
RCL Royal Caribbean Cruises Ltd. Consumer Services               25,412,398,028            102,500                 247,926
LH Laboratory Corporation of America Holdings Health Services               18,998,497,128               80,000                 237,481
VFC VF Corporation Consumer Non-Durables                 7,781,256,556               33,000                 235,796
EPAM EPAM Systems, Inc. Technology Services               13,875,229,380               59,300                 233,984
CZR Caesars Entertainment, Inc. Consumer Services               11,216,602,452               49,000                 228,910
CBRE CBRE Group Inc Finance               25,496,578,260            115,000                 221,709
TPR Tapestry, Inc. Retail Trade                 4,017,225,400               18,500                 217,147
ALK Alaska Air Group, Inc. Transportation                 5,441,388,923               25,469                 213,648
IPG Interpublic Group of Companies, Inc. (The) Commercial Services               12,452,637,209               58,400                 213,230
OMC Omnicom Group Inc. Commercial Services               15,787,922,806               74,200                 212,775
DG Dollar General Corporation Retail Trade               35,750,412,530            170,000                 210,297
HII Huntington Ingalls Industries, Inc. Electronic Technology                 8,748,547,609               43,000                 203,455
WMT Walmart Inc. Retail Trade             425,279,432,050         2,100,000                 202,514
BBY Best Buy Co., Inc. Retail Trade               17,149,165,469               90,000                 190,546
NCLH Norwegian Cruise Line Holdings Ltd. Consumer Services                 7,096,065,671               38,900                 182,418
BWA BorgWarner Inc. Producer Manufacturing                 9,317,898,137               52,700                 176,810
UAL United Airlines Holdings, Inc. Transportation               16,103,803,158               92,800                 173,532
APTV Aptiv PLC Producer Manufacturing               27,117,191,257            160,000                 169,482
WRK Westrock Company Process Industries                 8,229,130,931               50,500                 162,953
MAR Marriott International Consumer Services               60,271,239,997            377,000                 159,871
NWL Newell Brands Inc. Producer Manufacturing                 4,365,668,193               28,000                 155,917
MHK Mohawk Industries, Inc. Non-Energy Minerals                 6,216,015,268               40,900                 151,981
DLTR Dollar Tree, Inc. Retail Trade               31,473,233,922            207,500                 151,678
BBWI Bath & Body Works, Inc. Retail Trade                 8,359,850,871               57,200                 146,151
TGT Target Corporation Retail Trade               60,561,239,513            440,000                 137,639
TSN Tyson Foods, Inc. Consumer Non-Durables               19,041,794,421            142,000                 134,097
DVA DaVita Inc. Health Services                 9,272,428,253               70,000                 132,463
FDX FedEx Corporation Transportation               66,059,205,171            536,000                 123,245
WHR Whirlpool Corporation Consumer Durables                 7,408,622,278               61,000                 121,453
DRI Darden Restaurants, Inc. Consumer Services               19,154,797,608            187,384                 102,222
CTSH Cognizant Technology Solutions Corporation Technology Services               34,746,850,091            355,300                   97,796
UHS Universal Health Services, Inc. Health Services                 7,988,758,160               93,800                   85,168
KR Kroger Company (The) Retail Trade               34,143,153,872            430,000                   79,403
AAL American Airlines Group, Inc. Transportation                 9,826,571,023            129,700                   75,764
WBA Walgreens Boots Alliance, Inc. Health Technology               22,910,957,788            325,000                   70,495
AAP Advance Auto Parts Inc. Retail Trade                 4,150,964,094               67,000                   61,955
RHI Robert Half Inc. Commercial Services                 7,993,692,328            180,500                   44,286
DXC DXC Technology Company Technology Services                 4,154,780,819            130,000                   31,960
VICI VICI Properties Inc. Finance               30,068,411,822
TECH Bio-Techne Corp Health Technology               12,317,835,653
CCL Carnival Corporation Consumer Services               19,539,465,362
CSCO Cisco Systems, Inc. Technology Services             224,291,209,687
EL Estee Lauder Companies, Inc. (The) Consumer Non-Durables               56,003,044,623
HBAN Huntington Bancshares Incorporated Finance               16,129,408,764
JKHY Jack Henry & Associates, Inc. Technology Services               11,297,858,295
KEY KeyCorp Finance               10,136,001,927
PH Parker-Hannifin Corporation Producer Manufacturing               51,031,053,903
SYY Sysco Corporation Transportation               36,212,584,375
WDC Western Digital Corporation Electronic Technology               12,714,314,114

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