UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED MANAGEMENT COMPANY


Investment Company Act file number: 811-2652

Name of Registrant: Vanguard Index Funds

Address of Registrant: P.O. Box 2600
Valley Forge, PA 19482

Name and address of agent for service: Heidi Stam, Esquire
P.O. Box 876
Valley Forge, PA 19482

Registrant’s telephone number, including area code: (610) 669-1000


Date of fiscal year end: December 31

Date of reporting period: March 31, 2008

Item 1: Schedule of Investments


Vanguard 500 Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stock (99.5%)    



   Consumer Discretionary (8.6%)
   McDonald's Corp. 10,946,880  610,507 
   The Walt Disney Co. 17,899,032  561,672 
   Comcast Corp. Class A 28,470,798  550,625 
   Time Warner, Inc. 33,994,856  476,608 
   Home Depot, Inc. 16,041,600  448,684 
   News Corp., Class A 21,860,813  409,890 
   Target Corp. 7,782,200  394,402 
   Lowe's Cos., Inc. 13,902,692  318,928 
   NIKE, Inc. Class B 3,639,352  247,476 
* Viacom Inc. Class B 6,020,335  238,526 
* Amazon.com, Inc. 2,932,020  209,053 
   Johnson Controls, Inc. 5,644,134  190,772 
   Yum! Brands, Inc. 4,519,712  168,178 
* DIRECTV Group, Inc. 6,783,783  168,170 
   Carnival Corp. 4,149,247  167,962 
   Staples, Inc. 6,675,942  147,605 
   CBS Corp. 6,399,744  141,306 
   Best Buy Co., Inc. 3,349,424  138,867 
   Clear Channel Communications, Inc. 4,730,814  138,234 
   TJX Cos., Inc. 4,153,791  137,366 
   Omnicom Group Inc. 3,047,462  134,637 
* Kohl's Corp. 2,981,396  127,872 
* Starbucks Corp. 6,904,349  120,826 
* Ford Motor Co. 20,977,614  119,992 
   International Game Technology 2,979,829  119,819 
   The McGraw-Hill Cos., Inc. 3,068,296  113,374 
^ General Motors Corp. 5,380,388  102,496 
   Fortune Brands, Inc. 1,464,349  101,772 
* Coach, Inc. 3,345,117  100,855 
   Marriott International, Inc. Class A 2,860,529  98,288 
   Macy's Inc. 4,088,897  94,290 
   Starwood Hotels & Resorts Worldwide, Inc. 1,789,756  92,620 
   Harley-Davidson, Inc. 2,280,778  85,529 
   The Gap, Inc. 4,322,701  85,071 
* GameStop Corp. Class A 1,530,059  79,119 
   J.C. Penney Co., Inc. (Holding Co.) 2,095,406  79,018 
* Bed Bath & Beyond, Inc. 2,503,266  73,846 
*^ Sears Holdings Corp. 689,465  70,387 
   Mattel, Inc. 3,466,201  68,977 
   VF Corp. 832,224  64,506 
   H & R Block, Inc. 3,090,265  64,154 
   Genuine Parts Co. 1,586,459  63,807 
   Gannett Co., Inc. 2,194,368  63,746 
   Whirlpool Corp. 730,598  63,401 
   Newell Rubbermaid, Inc. 2,621,858  59,962 
   Abercrombie & Fitch Co. 814,657  59,584 
* The Goodyear Tire & Rubber Co. 2,267,177  58,493 
* Apollo Group, Inc. Class A 1,292,800  55,849 
   Nordstrom, Inc. 1,701,593  55,472 
   Sherwin-Williams Co. 985,999  50,325 
   Limited Brands, Inc. 2,938,894  50,255 
   Tiffany & Co. 1,199,115  50,171 
   Eastman Kodak Co. 2,704,305  47,785 
* AutoZone Inc. 417,293  47,500 
   Darden Restaurants Inc. 1,357,002  44,170 
* Expedia, Inc. 1,964,072  42,994 
   D. R. Horton, Inc. 2,572,956  40,524 
   Black & Decker Corp. 591,421  39,093 
   Hasbro, Inc. 1,389,460  38,766 
* Interpublic Group of Cos., Inc. 4,413,349  37,116 
   Washington Post Co. Class B 54,773  36,232 
* IAC/InterActiveCorp 1,743,558  36,196 
   E.W. Scripps Co. Class A 847,968  35,623 
   The Stanley Works 743,958  35,427 
   Wyndham Worldwide Corp. 1,688,362  34,915 
   Polo Ralph Lauren Corp. 559,824  32,632 
   Pulte Homes, Inc. 2,000,020  29,100 
* Office Depot, Inc. 2,582,942  28,542 
   Centex Corp. 1,161,421  28,118 
   Snap-On Inc. 545,645  27,746 
   Family Dollar Stores, Inc. 1,334,509  26,023 
^ New York Times Co. Class A 1,353,331  25,551 
   Harman International Industries, Inc. 571,325  24,875 
   Lennar Corp. Class A 1,310,617  24,653 
   Leggett & Platt, Inc. 1,614,229  24,617 
   RadioShack Corp. 1,242,985  20,199 
* AutoNation, Inc. 1,304,383  19,527 
* Big Lots Inc. 859,074  19,157 
   Wendy's International, Inc. 821,305  18,939 
^ KB Home 719,987  17,805 
   Liz Claiborne, Inc. 944,011  17,134 
   Meredith Corp. 360,264  13,780 
   OfficeMax, Inc. 709,205  13,574 
   Brunswick Corp. 836,178  13,354 
   Jones Apparel Group, Inc. 805,484  10,810 
^ Dillard's Inc. 544,907  9,378 
   Comcast Corp. Special Class A 150,777  2,860 
* Viacom Inc. Class A 71,693  2,841 
   CBS Corp. Class A 71,693  1,584 
   Circuit City Stores, Inc. 360,294  1,434 
   News Corp., Class B 9,800  187 

        9,464,105 

   Consumer Staples (11.0%)
   The Procter & Gamble Co. 29,253,077  2,049,763 
   Wal-Mart Stores, Inc. 22,459,866  1,183,186 
   The Coca-Cola Co. 18,998,163  1,156,418 
   PepsiCo, Inc. 15,225,802  1,099,303 
   Philip Morris International Inc. 20,040,432  1,013,645 
   CVS/Caremark Corp. 13,610,616  551,366 
   Kraft Foods Inc. 14,607,595  452,982 
   Altria Group, Inc. 20,040,432  444,898 
   Colgate-Palmolive Co. 4,846,069  377,557 
   Walgreen Co. 9,423,567  358,944 
   Anheuser-Busch Cos., Inc. 6,797,874  322,559 
   Costco Wholesale Corp. 4,132,608  268,496 
   Kimberly-Clark Corp. 3,994,642  257,854 
   Archer-Daniels-Midland Co. 6,117,475  251,795 
   General Mills, Inc. 3,200,941  191,672 
   Sysco Corp. 5,741,693  166,624 
   The Kroger Co. 6,430,925  163,345 
   Avon Products, Inc. 4,050,736  160,166 
   H.J. Heinz Co. 2,995,655  140,706 
   Kellogg Co. 2,492,936  131,029 
   Safeway, Inc. 4,176,679  122,586 
   ConAgra Foods, Inc. 4,634,459  110,995 
   Wm. Wrigley Jr. Co. 1,641,685  103,163 
   Sara Lee Corp. 6,845,664  95,702 
   Reynolds American Inc. 1,616,235  95,406 
   UST, Inc. 1,420,816  77,463 
   The Clorox Co. 1,319,901  74,759 
   Campbell Soup Co. 2,102,614  71,384 
   Molson Coors Brewing Co. Class B 1,305,836  68,648 
   Coca-Cola Enterprises, Inc. 2,729,884  66,063 
   SuperValu Inc. 2,010,548  60,276 
   The Hershey Co. 1,588,149  59,826 
   Brown-Forman Corp. Class B 817,078  54,107 
   The Estee Lauder Cos. Inc. Class A 1,077,172  49,388 
   McCormick & Co., Inc. 1,211,197  44,778 
   The Pepsi Bottling Group, Inc. 1,314,111  44,562 
^ Whole Foods Market, Inc. 1,320,763  43,546 
   Tyson Foods, Inc. 2,599,045  41,455 
* Constellation Brands, Inc. Class A 1,818,352  32,130 
   Dean Foods Co. 1,419,024  28,508 
   Wm. Wrigley Jr. Co. Class B 415,980  25,874 

        12,112,927 

   Energy (13.2%)
   ExxonMobil Corp. 50,854,598  4,301,282 
   Chevron Corp. 19,739,777  1,684,987 
   ConocoPhillips Co. 14,842,880  1,131,176 
   Schlumberger Ltd. 11,384,758  990,474 
   Occidental Petroleum Corp. 7,823,181  572,422 
   Devon Energy Corp. 4,224,161  440,707 
* Transocean, Inc. 3,020,349  408,351 
   Apache Corp. 3,165,222  382,422 
   Halliburton Co. 8,366,298  329,047 
   Marathon Oil Corp. 6,739,152  307,305 
   XTO Energy, Inc. 4,850,895  300,076 
   EOG Resources, Inc. 2,348,037  281,764 
   Anadarko Petroleum Corp. 4,449,179  280,432 
   Valero Energy Corp. 5,082,146  249,584 
   Hess Corp. 2,651,366  233,797 
* Weatherford International Ltd. 3,224,574  233,685 
   Baker Hughes, Inc. 2,940,906  201,452 
   Chesapeake Energy Corp. 4,348,629  200,689 
* National Oilwell Varco Inc. 3,393,365  198,105 
   Williams Cos., Inc. 5,560,908  183,399 
   Murphy Oil Corp. 1,803,506  148,140 
   Spectra Energy Corp. 6,012,217  136,778 
   Peabody Energy Corp. 2,576,033  131,378 
   Noble Corp. 2,553,617  126,838 
   Smith International, Inc. 1,908,689  122,595 
   CONSOL Energy, Inc. 1,734,771  120,029 
   Noble Energy, Inc. 1,633,323  118,906 
   El Paso Corp. 6,660,744  110,835 
* Nabors Industries, Inc. 2,677,076  90,405 
   Range Resources Corp. 1,424,720  90,398 
* Cameron International Corp. 2,063,400  85,920 
   ENSCO International, Inc. 1,369,361  85,749 
   BJ Services Co. 2,784,353  79,382 
   Sunoco, Inc. 1,111,475  58,319 
   Rowan Cos., Inc. 1,041,470  42,888 
   Tesoro Corp. 1,291,176  38,735 

        14,498,451 

   Financials (16.7%)
   Bank of America Corp. 42,225,539  1,600,770 
   JPMorgan Chase & Co. 32,285,842  1,386,677 
   Citigroup, Inc. 49,488,610  1,060,046 
   American International Group, Inc. 23,976,053  1,036,964 
   Wells Fargo & Co. 31,337,635  911,925 
   The Goldman Sachs Group, Inc. 3,754,496  620,956 
   U.S. Bancorp 16,441,967  532,062 
   Wachovia Corp. 18,839,545  508,668 
   American Express Co. 10,989,200  480,448 
   Morgan Stanley 10,499,744  479,838 
   Bank of New York Mellon Corp. 10,849,254  452,739 
   MetLife, Inc. 6,740,936  406,209 
   Merrill Lynch & Co., Inc. 9,235,138  376,240 
   Prudential Financial, Inc. 4,239,416  331,734 
   AFLAC Inc. 4,512,799  293,106 
   State Street Corp. 3,682,869  290,947 
   The Travelers Cos., Inc. 5,896,522  282,149 
   The Allstate Corp. 5,327,155  256,023 
   Fannie Mae 9,298,988  244,749 
   CME Group, Inc. 506,827  237,753 
   The Hartford Financial Services Group Inc. 2,984,800  226,158 
   PNC Financial Services Group 3,239,258  212,398 
   Simon Property Group, Inc. REIT 2,120,114  196,980 
   Lehman Brothers Holdings, Inc. 5,043,480  189,837 
   SunTrust Banks, Inc. 3,334,849  183,884 
   Capital One Financial Corp. 3,545,514  174,510 
   The Chubb Corp. 3,519,461  174,143 
   ACE Ltd. 3,135,717  172,653 
   Loews Corp. 4,179,036  168,081 
   Charles Schwab Corp. 8,925,205  168,062 
   BB&T Corp. 5,190,227  166,399 
   Freddie Mac 6,141,149  155,494 
   NYSE Euronext 2,518,804  155,435 
   Franklin Resources Corp. 1,494,869  144,987 
   ProLogis REIT 2,454,417  144,467 
   The Principal Financial Group, Inc. 2,469,674  137,610 
   Lincoln National Corp. 2,514,866  130,773 
   Regions Financial Corp. 6,562,472  129,609 
   T. Rowe Price Group Inc. 2,507,043  125,352 
   Northern Trust Corp. 1,824,395  121,268 
   Marsh & McLennan Cos., Inc. 4,952,273  120,588 
   Aon Corp. 2,904,154  116,747 
   Ameriprise Financial, Inc. 2,157,341  111,858 
   Vornado Realty Trust REIT 1,282,979  110,606 
   Equity Residential REIT 2,562,261  106,308 
   Fifth Third Bancorp 5,048,287  105,610 
   Public Storage, Inc. REIT 1,183,723  104,902 
   Boston Properties, Inc. REIT 1,135,810  104,574 
   Progressive Corp. of Ohio 6,448,453  103,627 
   General Growth Properties Inc. REIT 2,534,046  96,725 
   Kimco Realty Corp. REIT 2,403,435  94,143 
   Genworth Financial Inc. 4,146,446  93,876 
* IntercontinentalExchange Inc. 666,748  87,011 
   Hudson City Bancorp, Inc. 4,919,423  86,975 
^ Washington Mutual, Inc. 8,389,049  86,407 
   KeyCorp 3,790,324  83,198 
   Host Hotels & Resorts Inc. REIT 4,976,432  79,225 
   HCP, Inc. REIT 2,226,340  75,273 
   Discover Financial Services 4,548,963  74,467 
   Unum Group 3,297,846  72,586 
   Leucadia National Corp. 1,598,402  72,280 
   Legg Mason Inc. 1,281,453  71,736 
   Avalonbay Communities, Inc. REIT 730,385  70,497 
   Moody's Corp. 1,955,067  68,095 
* SLM Corp. 4,434,992  68,077 
   Plum Creek Timber Co. Inc. REIT 1,628,490  66,280 
^ American Capital Strategies, Ltd. 1,854,462  63,348 
   Cincinnati Financial Corp. 1,569,812  59,716 
   National City Corp. 5,983,331  59,534 
   M & T Bank Corp. 731,921  58,905 
   Marshall & Ilsley Corp. 2,488,347  57,730 
   Assurant, Inc. 902,415  54,921 
   Torchmark Corp. 871,688  52,397 
   Comerica, Inc. 1,428,139  50,099 
   XL Capital Ltd. Class A 1,684,884  49,788 
   Developers Diversified Realty Corp. REIT 1,135,352  47,549 
   Zions Bancorp 1,023,898  46,639 
   Safeco Corp. 852,997  37,430 
   Huntington Bancshares Inc. 3,437,148  36,949 
* CB Richard Ellis Group, Inc. 1,651,826  35,746 
   Janus Capital Group Inc. 1,404,215  32,676 
   Federated Investors, Inc. 819,953  32,109 
   Sovereign Bancorp, Inc. 3,395,037  31,642 
   Apartment Investment & Management Co. Class A REIT 872,005  31,226 
^ Countrywide Financial Corp. 5,443,919  29,942 
^ MBIA, Inc. 1,997,467  24,409 
   CIT Group Inc. 1,793,838  21,257 
*^ E*TRADE Financial Corp. 4,371,745  16,875 
^ First Horizon National Corp. 1,183,724  16,584 
^ Ambac Financial Group, Inc. 2,706,458  15,562 
   Toronto Dominion Bank 198,733  12,192 
^ MGIC Investment Corp. 1,130,128  11,900 
^ Bear Stearns Co., Inc. 1,090,580  11,440 

        18,398,339 

   Health Care (11.7%)
   Johnson & Johnson 26,925,290  1,746,644 
   Pfizer Inc. 64,266,526  1,345,098 
   Abbott Laboratories 14,693,022  810,320 
   Merck & Co., Inc. 20,582,205  781,095 
   Wyeth 12,717,928  531,101 
   Medtronic, Inc. 10,674,920  516,346 
   Eli Lilly & Co. 9,402,533  485,077 
* Gilead Sciences, Inc. 8,829,465  454,982 
* Amgen, Inc. 10,338,423  431,939 
   UnitedHealth Group Inc. 11,894,977  408,711 
   Bristol-Myers Squibb Co. 18,814,964  400,759 
   Baxter International, Inc. 6,030,569  348,689 
* Celgene Corp. 4,093,431  250,886 
* WellPoint Inc. 5,151,448  227,333 
* Thermo Fisher Scientific, Inc. 3,983,636  226,430 
   Schering-Plough Corp. 15,408,474  222,036 
* Medco Health Solutions, Inc. 4,980,096  218,078 
   Covidien Ltd. 4,740,837  209,782 
   Becton, Dickinson & Co. 2,319,918  199,165 
   Aetna Inc. 4,724,360  198,848 
* Genzyme Corp. 2,544,006  189,630 
   Cardinal Health, Inc. 3,389,614  177,989 
* Biogen Idec Inc. 2,830,284  174,600 
* Zimmer Holdings, Inc. 2,215,993  172,537 
* Boston Scientific Corp. 12,766,644  164,307 
   Allergan, Inc. 2,899,526  163,504 
* Express Scripts Inc. 2,403,188  154,573 
   Stryker Corp. 2,266,897  147,462 
   McKesson Corp. 2,750,636  144,051 
* St. Jude Medical, Inc. 3,270,192  141,240 
* Forest Laboratories, Inc. 2,947,888  117,945 
   CIGNA Corp. 2,661,495  107,977 
   C.R. Bard, Inc. 962,829  92,817 
* Laboratory Corp. of America Holdings 1,050,343  77,389 
* Humana Inc. 1,617,552  72,563 
   Quest Diagnostics, Inc. 1,482,087  67,094 
* Hospira, Inc. 1,508,327  64,511 
   AmerisourceBergen Corp. 1,545,739  63,344 
* Coventry Health Care Inc. 1,464,110  59,077 
* Varian Medical Systems, Inc. 1,182,422  55,385 
* Waters Corp. 948,506  52,832 
   Applera Corp.-Applied Biosystems Group 1,590,473  52,263 
* Barr Pharmaceuticals Inc. 1,012,810  48,929 
* Patterson Cos. 1,229,522  44,632 
   IMS Health, Inc. 1,742,775  36,616 
* Millipore Corp. 523,053  35,259 
^ Mylan Inc. 2,855,514  33,124 
* Watson Pharmaceuticals, Inc. 964,548  28,281 
   PerkinElmer, Inc. 1,127,162  27,334 
* Tenet Healthcare Corp. 4,453,031  25,204 
* King Pharmaceuticals, Inc. 2,293,606  19,954 

        12,825,742 

   Industrials (12.1%)
   General Electric Co. 94,918,546  3,512,935 
   United Parcel Service, Inc. 9,832,093  717,939 
   United Technologies Corp. 9,332,813  642,284 
   The Boeing Co. 7,270,098  540,677 
   3M Co. 6,733,841  532,984 
   Caterpillar, Inc. 5,931,352  464,366 
   Honeywell International Inc. 7,075,750  399,214 
   Emerson Electric Co. 7,483,004  385,075 
   Deere & Co. 4,144,704  333,400 
   Lockheed Martin Corp. 3,258,701  323,589 
   General Dynamics Corp. 3,823,454  318,761 
   Union Pacific Corp. 2,479,536  310,884 
   FedEx Corp. 2,941,701  272,607 
   Burlington Northern Santa Fe Corp. 2,813,706  259,480 
   Raytheon Co. 3,992,661  257,966 
   Northrop Grumman Corp. 3,212,172  249,939 
   CSX Corp. 3,834,254  214,987 
   Tyco International, Ltd. 4,609,836  203,063 
   Norfolk Southern Corp. 3,577,199  194,313 
   Danaher Corp. 2,420,464  184,028 
   Illinois Tool Works, Inc. 3,806,458  183,585 
   Waste Management, Inc. 4,708,661  158,023 
   PACCAR, Inc. 3,477,422  156,484 
   Precision Castparts Corp. 1,320,657  134,813 
   Textron, Inc. 2,353,959  130,456 
   L-3 Communications Holdings, Inc. 1,163,427  127,209 
   Fluor Corp. 842,147  118,877 
   Ingersoll-Rand Co. 2,591,509  115,529 
   Parker Hannifin Corp. 1,601,621  110,944 
   Eaton Corp. 1,392,533  110,943 
   Expeditors International of Washington, Inc. 2,025,986  91,534 
   Cummins Inc. 1,929,370  90,333 
   ITT Industries, Inc. 1,725,807  89,414 
   C.H. Robinson Worldwide Inc. 1,628,866  88,610 
   Rockwell Collins, Inc. 1,538,767  87,941 
   Southwest Airlines Co. 6,938,833  86,042 
* Jacobs Engineering Group Inc. 1,153,408  84,879 
   Rockwell Automation, Inc. 1,410,568  80,995 
   Dover Corp. 1,824,358  76,222 
   Trane, Inc. 1,651,956  75,825 
   Pitney Bowes, Inc. 2,006,468  70,267 
   Masco Corp. 3,469,639  68,803 
   Goodrich Corp. 1,188,867  68,372 
   Cooper Industries, Inc. Class A 1,702,071  68,338 
   R.R. Donnelley & Sons Co. 2,028,554  61,485 
* Terex Corp. 969,281  60,580 
   The Manitowoc Co., Inc. 1,227,629  50,087 
   Avery Dennison Corp. 1,006,149  49,553 
   W.W. Grainger, Inc. 636,298  48,607 
   Equifax, Inc. 1,245,518  42,945 
   Pall Corp. 1,150,650  40,353 
   Robert Half International, Inc. 1,528,358  39,340 
   Cintas Corp. 1,267,627  36,178 
* Allied Waste Industries, Inc. 3,182,957  34,408 
   Ryder System, Inc. 551,552  33,595 
* Monster Worldwide Inc. 1,212,863  29,363 
* Raytheon Co. Warrants Exp. 6/16/11 60,569  1,814 

        13,321,237 

   Information Technology (15.6%)
   Microsoft Corp. 76,082,040  2,159,208 
   International Business Machines Corp. 13,158,864  1,515,112 
* Cisco Systems, Inc. 56,662,107  1,364,990 
* Apple Inc. 8,354,202  1,198,828 
   Intel Corp. 55,017,759  1,165,276 
   Hewlett-Packard Co. 23,433,792  1,069,987 
* Google Inc. 2,204,310  970,932 
* Oracle Corp. 37,595,584  735,370 
   QUALCOMM Inc. 15,325,697  628,354 
* Dell Inc. 21,301,860  424,333 
* Yahoo! Inc. 12,710,335  367,710 
   Corning, Inc. 14,965,394  359,768 
   Texas Instruments, Inc. 12,607,248  356,407 
* eBay Inc. 10,603,263  316,401 
* EMC Corp. 19,966,785  286,324 
   Applied Materials, Inc. 12,866,731  251,030 
   Automatic Data Processing, Inc. 4,967,729  210,582 
   Motorola, Inc. 21,432,898  199,326 
* Adobe Systems, Inc. 5,417,176  192,797 
   Tyco Electronics Ltd. 4,633,168  159,010 
* MEMC Electronic Materials, Inc. 2,163,105  153,364 
   Western Union Co. 7,123,804  151,523 
* Electronic Arts Inc. 3,011,237  150,321 
* Symantec Corp. 8,045,857  133,722 
   Xerox Corp. 8,738,530  130,816 
* Juniper Networks, Inc. 4,976,893  124,422 
* Sun Microsystems, Inc. 7,535,983  117,034 
   Paychex, Inc. 3,076,617  105,405 
* NVIDIA Corp. 5,251,545  103,928 
* Agilent Technologies, Inc. 3,470,055  103,512 
* Broadcom Corp. 4,444,198  85,640 
* Intuit, Inc. 3,145,052  84,948 
   CA, Inc. 3,704,194  83,344 
   Analog Devices, Inc. 2,793,967  82,478 
   Electronic Data Systems Corp. 4,837,192  80,539 
* Cognizant Technology Solutions Corp. 2,744,620  79,127 
* Fiserv, Inc. 1,556,337  74,844 
* Autodesk, Inc. 2,181,050  68,659 
* VeriSign, Inc. 2,028,411  67,424 
* NetApp, Inc. 3,253,566  65,234 
   Linear Technology Corp. 2,113,671  64,869 
   Xilinx, Inc. 2,721,515  64,636 
   KLA-Tencor Corp. 1,720,890  63,845 
* Computer Sciences Corp. 1,546,864  63,097 
   Fidelity National Information Services, Inc. 1,626,722  62,043 
* BMC Software, Inc. 1,851,794  60,220 
   Microchip Technology, Inc. 1,782,898  58,354 
   Altera Corp. 2,921,316  53,840 
* Citrix Systems, Inc. 1,792,097  52,562 
* SanDisk Corp. 2,177,529  49,147 
* Affiliated Computer Services, Inc. Class A 933,434  46,774 
   Total System Services, Inc. 1,877,927  44,432 
* Akamai Technologies, Inc. 1,571,278  44,247 
* Micron Technology, Inc. 7,110,223  42,448 
   National Semiconductor Corp. 2,156,357  39,504 
* Teradata Corp. 1,691,544  37,315 
*^ Advanced Micro Devices, Inc. 5,657,926  33,325 
* LSI Corp. 6,284,084  31,106 
   Molex, Inc. 1,332,728  30,866 
* JDS Uniphase Corp. 2,137,731  28,624 
* Lexmark International, Inc. 890,048  27,342 
* Ciena Corp. 825,781  25,459 
* Tellabs, Inc. 4,120,586  22,457 
* Novell, Inc. 3,278,170  20,620 
* Novellus Systems, Inc. 969,346  20,405 
* Teradyne, Inc. 1,640,473  20,375 
* QLogic Corp. 1,293,339  19,853 
* Compuware Corp. 2,703,904  19,847 
* Convergys Corp. 1,235,791  18,611 
   Jabil Circuit, Inc. 1,960,907  18,550 
* Unisys Corp. 3,273,357  14,501 
   Molex, Inc. Class A 4,051  89 

        17,177,392 

   Materials (3.6%)
   Monsanto Co. 5,208,964  580,799 
   E.I. du Pont de Nemours & Co. 8,548,655  399,735 
   Freeport-McMoRan Copper & Gold, Inc. Class B 3,638,396  350,086 
   Dow Chemical Co. 8,916,434  328,571 
   Alcoa Inc. 7,740,862  279,136 
   Praxair, Inc. 2,982,559  251,221 
   Newmont Mining Corp. (Holding Co.) 4,308,678  195,183 
   Air Products & Chemicals, Inc. 2,034,072  187,135 
   Nucor Corp. 2,738,054  185,476 
   United States Steel Corp. 1,116,049  141,593 
   Weyerhaeuser Co. 1,991,829  129,549 
   International Paper Co. 4,047,039  110,079 
   PPG Industries, Inc. 1,557,182  94,225 
   Sigma-Aldrich Corp. 1,229,163  73,320 
   Ecolab, Inc. 1,668,309  72,455 
   Allegheny Technologies Inc. 960,207  68,520 
^ Vulcan Materials Co. 1,020,464  67,759 
   Rohm & Haas Co. 1,184,206  64,042 
   Eastman Chemical Co. 766,203  47,849 
   MeadWestvaco Corp. 1,652,507  44,981 
   Ball Corp. 951,397  43,707 
   Sealed Air Corp. 1,520,704  38,398 
   International Flavors & Fragrances, Inc. 770,573  33,944 
* Pactiv Corp. 1,227,279  32,167 
   Ashland, Inc. 525,435  24,853 
   Bemis Co., Inc. 953,802  24,255 
   Hercules, Inc. 1,096,540  20,056 
^ Titanium Metals Corp. 939,651  14,142 

        3,903,236 

   Telecommunication Services (3.4%)
   AT&T Inc. 57,372,427  2,197,364 
   Verizon Communications Inc. 27,288,895  994,680 
   Sprint Nextel Corp. 27,080,743  181,170 
* American Tower Corp. Class A 3,846,273  150,812 
^ Qwest Communications International Inc. 14,831,956  67,189 
   Embarq Corp. 1,457,385  58,441 
   Windstream Corp. 4,315,360  51,569 
   CenturyTel, Inc. 1,043,400  34,683 
   Citizens Communications Co. 3,114,077  32,667 

        3,768,575 

   Utilities (3.6%)
   Exelon Corp. 6,285,215  510,799 
   Southern Co. 7,268,989  258,849 
   FPL Group, Inc. 3,872,236  242,944 
   Dominion Resources, Inc. 5,464,121  223,155 
   Duke Energy Corp. 12,004,152  214,274 
   FirstEnergy Corp. 2,897,642  198,836 
   Entergy Corp. 1,817,155  198,215 
   Public Service Enterprise Group, Inc. 4,833,120  194,243 
   PPL Corp. 3,549,077  162,974 
   American Electric Power Co., Inc. 3,806,347  158,458 
   Edison International 3,096,800  151,805 
   Constellation Energy Group, Inc. 1,691,237  149,285 
   Sempra Energy 2,483,700  132,332 
   PG&E Corp. 3,381,585  124,510 
* AES Corp. 6,323,585  105,414 
   Progress Energy, Inc. 2,472,442  103,101 
   Consolidated Edison Inc. 2,585,410  102,641 
   Questar Corp. 1,632,943  92,359 
   Ameren Corp. 1,983,622  87,359 
   Xcel Energy, Inc. 4,079,137  81,379 
   Allegheny Energy, Inc. 1,589,327  80,261 
   DTE Energy Co. 1,547,482  60,182 
   Pepco Holdings, Inc. 1,902,860  47,039 
   NiSource, Inc. 2,579,780  44,475 
   CenterPoint Energy Inc. 3,111,474  44,401 
* Dynegy, Inc. 4,682,226  36,943 
   Integrys Energy Group, Inc. 712,339  33,223 
   Pinnacle West Capital Corp. 943,509  33,098 
   TECO Energy, Inc. 1,970,994  31,437 
   CMS Energy Corp. 2,113,156  28,612 
   Nicor Inc. 423,591  14,195 

        3,946,798 




   Total Common Stocks
   (Cost $71,768,842)    109,416,802 



   Temporary Cash Investments (0.9%)



   Money Market Fund (0.9%)
1 Vanguard Market Liquidity Fund, 2.800% 969,505,536  969,506 
    
Face
     Amount
     ($000)

   U.S. Government & Agency Obligation (0.0%)
2 Federal Home Loan Bank
3 2.773%, 4/23/08 10,000  9,987 
3 2.693%, 5/7/08 25,000  24,946 
2 Federal Home Loan Mortgage Corp.
3 1.740%, 8/29/08 10,000  9,914 

        44,847 



   Total Temporary Cash Investments
   (Cost $1,014,350)    1,014,353 



   Total Investments (100.4%)
   (Cost $72,783,192)    110,431,155 



   Other Assets and Liabilities - Net (-0.4%)    (489,277)



   Net Assets (100%)    109,941,878 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
2 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
3 Securities with a value of $44,847,000 have been segregated as initial margin for open futures contracts.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

At March 31, 2008, the cost of investment securities for tax purposes was $72,783,192,000. Net unrealized appreciation of investment securities for tax purposes was $37,647,963,000, consisting of unrealized gains of $45,716,369,000 on securities that had risen in value since their purchase and $8,068,406,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 100.0% and 0.4%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At March 31, 2008, the aggregate settlement value of open futures contracts expiring in June 2008 and the related unrealized appreciation (depreciation) were:


($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

S&P 500 Index 1,543  510,733  738 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities.
Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table sumamrizes the inputs used to value the fund's net assets as of March 31, 2008:


Valuation Inputs Investments
in Securities
($000)
Futures
Contracts
($000)

Level 1- Quoted Prices 110,386,308  738 

Level 2- Other Significant Observable Inputs 44,847 

Level 3- Significant Unobservable Inputs

  Total 110,431,155  738 


Vanguard Extended Market Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (99.7%)    



   Consumer Discretionary (12.7%)
* Las Vegas Sands Corp. 490,643  36,131 
* MGM Mirage, Inc. 595,540  35,000 
* Liberty Global, Inc. Series C 1,029,611  33,442 
* DISH Network Corp. 1,002,043  28,789 
* Discovery Holding Co. Class A 1,339,181  28,417 
   Wynn Resorts Ltd. 267,920  26,963 
   BorgWarner, Inc. 552,800  23,787 
* Cablevision Systems NY Group Class A 1,093,830  23,441 
*^ Priceline.com, Inc. 182,796  22,093 
* Liberty Global, Inc. Class A 605,022  20,619 
*^ CarMax, Inc. 1,039,411  20,185 
*^ Sirius Satellite Radio, Inc. 7,004,571  20,033 
   Ross Stores, Inc. 646,498  19,369 
*^ Mohawk Industries, Inc. 263,763  18,888 
* Time Warner Cable, Inc. 745,409  18,620 
   American Eagle Outfitters, Inc. 1,020,255  17,865 
* XM Satellite Radio Holdings, Inc. 1,501,994  17,453 
* Urban Outfitters, Inc. 539,241  16,905 
* O'Reilly Automotive, Inc. 547,668  15,619 
* Penn National Gaming, Inc. 355,385  15,541 
^ Royal Caribbean Cruises, Ltd. 465,260  15,307 
   Advance Auto Parts, Inc. 447,828  15,249 
* NVR, Inc. 24,955  14,911 
*^ Chipotle Mexican Grill, Inc. 130,835  14,841 
* Toll Brothers, Inc. 609,056  14,301 
*^ Lamar Advertising Co. Class A 373,639  13,425 
* Hanesbrands Inc. 453,854  13,253 
   Service Corp. International 1,241,733  12,591 
   PetSmart, Inc. 613,701  12,544 
* LKQ Corp. 541,786  12,174 
* Dollar Tree,Inc. 439,494  12,126 
   DeVry, Inc. 285,760  11,956 
   Gentex Corp. 683,507  11,722 
   Tupperware Brands Corp. 294,146  11,378 
* Dick's Sporting Goods, Inc. 396,802  10,626 
   Guess ?, Inc. 260,599  10,546 
   Strayer Education, Inc. 68,447  10,438 
^ Williams-Sonoma, Inc. 420,940  10,204 
   Phillips-Van Heusen Corp. 268,208  10,170 
* Lear Corp. 368,466  9,547 
   Sotheby's 319,570  9,239 
* J. Crew Group, Inc. 204,393  9,028 
* Bally Technologies Inc. 260,113  8,932 
   Brinker International, Inc. 481,223  8,927 
   Foot Locker, Inc. 737,415  8,679 
* Aeropostale, Inc. 319,793  8,670 
* The Warnaco Group, Inc. 215,454  8,498 
   John Wiley & Sons Class A 213,707  8,484 
* Saks Inc. 676,463  8,435 
   Weight Watchers International, Inc. 170,705  7,909 
* Jack in the Box Inc. 282,868  7,601 
* DreamWorks Animation SKG, Inc. 288,949  7,449 
*^ Netflix.com, Inc. 211,854  7,341 
   MDC Holdings, Inc. 166,439  7,288 
* Getty Images, Inc. 226,987  7,264 
*^ Vail Resorts Inc. 149,760  7,232 
   Regal Entertainment Group Class A 372,640  7,188 
* The Cheesecake Factory Inc. 328,726  7,163 
   Matthews International Corp. 147,958  7,139 
* WMS Industries, Inc. 198,128  7,127 
* AnnTaylor Stores Corp. 291,713  7,054 
   Barnes & Noble, Inc. 228,480  7,003 
* Jarden Corp. 321,274  6,984 
   Wolverine World Wide, Inc. 239,264  6,941 
*^ Crocs, Inc. 393,283  6,871 
* Fossil, Inc. 218,945  6,687 
* Deckers Outdoor Corp. 61,921  6,676 
   Ryland Group, Inc. 200,656  6,600 
^ Polaris Industries, Inc. 160,008  6,562 
* Marvel Entertainment, Inc. 244,749  6,557 
* Scientific Games Corp. 310,263  6,550 
* ITT Educational Services, Inc. 140,387  6,448 
* Sonic Corp. 290,166  6,395 
* Tenneco Automotive, Inc. 222,018  6,203 
* Tractor Supply Co. 155,030  6,127 
*^ Panera Bread Co. 143,754  6,022 
* Chico's FAS, Inc. 839,598  5,970 
   International Speedway Corp. 144,716  5,962 
* Gaylord Entertainment Co. 196,545  5,953 
^ Arbitron Inc. 135,016  5,827 
   Men's Wearhouse, Inc. 250,209  5,822 
* Rent-A-Center, Inc. 316,387  5,806 
* Quiksilver, Inc. 591,250  5,800 
   Regis Corp. 209,671  5,764 
* Gemstar-TV Guide International, Inc. 1,208,403  5,679 
* Career Education Corp. 430,624  5,478 
* The Gymboree Corp. 136,850  5,458 
   Aaron Rents, Inc. 252,816  5,446 
* Bright Horizons Family Solutions, Inc. 125,593  5,406 
   Boyd Gaming Corp. 267,914  5,358 
   Choice Hotels International, Inc. 150,943  5,149 
*^ Under Armour, Inc. 139,179  5,094 
*^ Life Time Fitness, Inc. 160,422  5,007 
   Interactive Data Corp. 175,220  4,989 
^ Thor Industries, Inc. 163,302  4,862 
* TRW Automotive Holdings Corp. 206,496  4,826 
* Iconix Brand Group Inc. 272,912  4,735 
* Exide Technologies 356,982  4,676 
   Callaway Golf Co. 315,941  4,638 
   American Greetings Corp. Class A 248,917  4,617 
   National CineMedia Inc. 200,556  4,508 
   Belo Corp. Class A 419,970  4,439 
* Carter's, Inc. 274,682  4,436 
   American Axle & Manufacturing Holdings, Inc. 213,916  4,385 
   ArvinMeritor, Inc. 346,902  4,340 
*^ Live Nation, Inc. 355,482  4,312 
^ Pool Corp. 226,814  4,285 
* Pacific Sunwear of California, Inc. 337,413  4,255 
   Cooper Tire & Rubber Co. 283,893  4,250 
   Burger King Holdings Inc. 148,261  4,101 
   Bob Evans Farms, Inc. 147,934  4,081 
*^ Blue Nile Inc. 75,087  4,066 
*^ Zale Corp. 203,358  4,018 
^ Ethan Allen Interiors, Inc. 137,757  3,916 
^ Tempur-Pedic International Inc. 354,128  3,895 
* Morningstar, Inc. 62,491  3,834 
* Collective Brands, Inc. 312,900  3,792 
   CBRL Group, Inc. 105,963  3,790 
* Scholastic Corp. 124,858  3,779 
   Penske Automotive Group Inc. 193,811  3,772 
* JAKKS Pacific, Inc. 135,771  3,743 
* Coinstar, Inc. 132,222  3,721 
* Champion Enterprises, Inc. 368,722  3,698 
* Pinnacle Entertainment, Inc. 285,888  3,659 
* CEC Entertainment Inc. 126,551  3,655 
* Clear Channel Outdoor Holdings, Inc. Class A 186,788  3,551 
^ IHOP Corp. 71,556  3,428 
*^ P.F. Chang's China Bistro, Inc. 115,387  3,282 
   Stage Stores, Inc. 197,571  3,201 
   Brown Shoe Co., Inc. 211,002  3,180 
   Circuit City Stores, Inc. 798,600  3,178 
* Timberland Co. 231,151  3,174 
* Skechers U.S.A., Inc. 154,941  3,131 
*^ Blockbuster Inc. Class A 935,219  3,049 
   The Buckle, Inc. 67,443  3,017 
   Stewart Enterprises, Inc. Class A 468,978  3,011 
* Red Robin Gourmet Burgers, Inc. 80,017  3,006 
   Harte-Hanks, Inc. 216,757  2,963 
* Corinthian Colleges, Inc. 405,869  2,934 
   CKE Restaurants Inc. 261,309  2,932 
* Tween Brands, Inc. 117,990  2,919 
   Sonic Automotive, Inc. 140,638  2,890 
* INVESTools Inc. 259,668  2,854 
^ The McClatchy Co. Class A 266,401  2,850 
^ Columbia Sportswear Co. 63,531  2,797 
   Domino's Pizza, Inc. 207,335  2,797 
* The Dress Barn, Inc. 215,587  2,790 
* The Children's Place Retail Stores, Inc. 112,502  2,763 
^ Furniture Brands International Inc. 231,244  2,706 
* Charming Shoppes, Inc. 557,271  2,692 
* Sally Beauty Co. Inc. 388,928  2,684 
   Hearst-Argyle Television Inc. 129,317  2,668 
*^ Cabela's Inc. 187,994  2,662 
* Pier 1 Imports Inc. 422,810  2,655 
   Group 1 Automotive, Inc. 110,135  2,586 
   Idearc Inc. 700,397  2,549 
* Chipotle Mexican Grill, Inc. Class B 26,200  2,544 
* Genesco, Inc. 109,461  2,530 
* Texas Roadhouse, Inc. 257,462  2,523 
   UniFirst Corp. 67,739  2,512 
*^ NutriSystem, Inc. 164,839  2,484 
* Valassis Communications, Inc. 228,005  2,474 
   Blyth, Inc. 124,517  2,455 
   Churchill Downs, Inc. 51,935  2,453 
* Papa John's International, Inc. 99,413  2,407 
   CKX, Inc. 252,733  2,406 
* 99 Cents Only Stores 242,834  2,402 
   World Wrestling Entertainment, Inc. 128,324  2,388 
* Entravision Communications Corp. 355,589  2,368 
^ Winnebago Industries, Inc. 137,713  2,327 
   Modine Manufacturing Co. 159,857  2,316 
* Visteon Corp. 615,666  2,315 
* Hibbett Sports Inc. 148,075  2,286 
   Superior Industries International, Inc. 108,277  2,247 
   Cato Corp. Class A 149,707  2,237 
   K-Swiss, Inc. 139,840  2,212 
   Ameristar Casinos, Inc. 120,547  2,200 
*^ Meritage Corp. 113,135  2,186 
   Fred's, Inc. 213,047  2,184 
* RC2 Corp. 103,330  2,167 
* Pre-Paid Legal Services, Inc. 51,041  2,165 
* Morgans Hotel Group 145,222  2,152 
   Speedway Motorsports, Inc. 85,480  2,143 
* Drew Industries, Inc. 87,335  2,136 
*^ CSK Auto Corp. 226,108  2,105 
^ La-Z-Boy Inc. 252,118  2,103 
* Aftermarket Technology Corp. 106,325  2,067 
* Charlotte Russe Holding Inc. 119,170  2,066 
   The Pep Boys (Manny, Moe & Jack) 204,933  2,041 
   RCN Corp. 181,867  2,033 
*^ Hovnanian Enterprises Inc. Class A 189,882  2,013 
   Ambassadors Group, Inc. 106,188  2,006 
^ Lee Enterprises, Inc. 193,455  1,936 
* Peet's Coffee & Tea Inc. 81,747  1,922 
* California Pizza Kitchen, Inc. 142,626  1,870 
   Ruby Tuesday, Inc. 249,116  1,868 
   Movado Group, Inc. 95,537  1,862 
* Steven Madden, Ltd. 107,099  1,835 
*^ Jos. A. Bank Clothiers, Inc. 87,585  1,795 
* Jo-Ann Stores, Inc. 121,228  1,786 
   Triarc Cos., Inc. Class B 257,288  1,778 
* Cox Radio, Inc. 149,678  1,778 
   Christopher & Banks Corp. 175,486  1,753 
   Sinclair Broadcast Group, Inc. 194,822  1,736 
* R.H. Donnelley Corp. 340,500  1,723 
^ Talbots Inc. 159,492  1,719 
   Sauer-Danfoss, Inc. 77,421  1,714 
   Oxford Industries, Inc. 75,724  1,706 
* Midas Inc. 97,855  1,682 
^ Beazer Homes USA, Inc. 176,650  1,669 
^ Sealy Corp. 219,324  1,667 
*^ Charter Communications, Inc. 1,949,193  1,661 
   The Marcus Corp. 86,043  1,652 
   Jackson Hewitt Tax Service Inc. 143,524  1,646 
   Borders Group, Inc. 280,381  1,646 
*^ Raser Technologies, Inc. 191,507  1,645 
* Buffalo Wild Wings Inc. 65,728  1,610 
* GSI Commerce, Inc. 121,826  1,602 
^ Media General, Inc. Class A 112,091  1,572 
* Universal Electronics, Inc. 63,998  1,549 
* Denny's Corp. 518,571  1,545 
* Volcom, Inc. 76,237  1,541 
^ Standard Pacific Corp. 314,261  1,527 
* Coldwater Creek Inc. 300,678  1,518 
*^ Avatar Holding, Inc. 34,307  1,495 
* 1-800-FLOWERS.COM, Inc. 174,651  1,486 
* Maidenform Brands, Inc. 91,200  1,484 
* Steinway Musical Instruments Inc. 51,962  1,482 
   Spartan Motors, Inc. 174,838  1,479 
*^ True Religion Apparel, Inc. 79,135  1,468 
^ Citadel Broadcasting Corp. 879,916  1,461 
* Universal Technical Institute Inc. 123,370  1,447 
*^ Fleetwood Enterprises, Inc. 313,983  1,444 
^ Cherokee Inc. 42,701  1,438 
   bebe stores, inc. 131,966  1,419 
   Entercom Communications Corp. 142,802  1,418 
*^ Mediacom Communications Corp. 326,534  1,414 
* AH Belo Corp. 123,396  1,410 
   Landry's Restaurants, Inc. 85,451  1,391 
   Libbey, Inc. 82,262  1,385 
   National Presto Industries, Inc. 26,315  1,379 
   Asbury Automotive Group, Inc. 100,128  1,378 
* Hayes Lemmerz International, Inc. 484,314  1,351 
   Monaco Coach Corp. 142,061  1,347 
   Journal Communications, Inc. 181,889  1,342 
*^ Zumiez Inc. 85,129  1,336 
* Capella Education Co. 24,324  1,328 
^ Brookfield Homes Corp. 78,219  1,314 
* AFC Enterprises, Inc. 143,833  1,293 
* Gaiam, Inc. 73,789  1,278 
* Knology, Inc. 98,586  1,277 
* Audiovox Corp. 119,154  1,273 
   Cinemark Holdings Inc. 99,190  1,269 
* Amerigon Inc. 85,651  1,268 
   CSS Industries, Inc. 36,148  1,264 
* Lin TV Corp. 131,460  1,263 
   Monro Muffler Brake, Inc. 73,945  1,250 
   Kenneth Cole Productions, Inc. 71,926  1,218 
* The Wet Seal, Inc. Class A 356,907  1,210 
* Nexcen Brands, Inc. 326,648  1,120 
*^ iRobot Corp. 64,515  1,104 
* Perry Ellis International Corp. 50,108  1,094 
* Russ Berrie and Co., Inc. 77,681  1,092 
* Steak n Shake Co. 135,120  1,063 
* Rentrak Corp. 87,974  1,063 
* Stamps.com Inc. 103,511  1,062 
   FTD Group, Inc. 78,941  1,059 
* BJ's Restaurants Inc. 72,985  1,052 
^ Warner Music Group Corp. 206,680  1,029 
   Finish Line, Inc. 216,175  1,029 
^ Marine Products Corp. 126,187  1,020 
* MarineMax, Inc. 81,571  1,016 
* Hawk Corp. Class A 57,843  1,013 
   Gray Television, Inc. 177,377  1,009 
* MTR Gaming Group Inc. 143,807  1,007 
* hhgregg, Inc. 88,268  993 
*^ Martha Stewart Living Omnimedia, Inc. 133,218  990 
^ M/I Homes, Inc. 57,986  985 
*^ Shuffle Master, Inc. 182,470  976 
* PC Mall, Inc. 89,893  956 
* Cumulus Media Inc. 149,469  954 
* Hot Topic, Inc. 220,650  951 
   Dover Motorsports, Inc. 154,519  950 
^ PRIMEDIA Inc. 128,894  947 
*^ Krispy Kreme Doughnuts, Inc. 310,085  946 
*^ Crown Media Holdings, Inc. 181,099  936 
* DG FastChannel Inc. 48,045  922 
* Monarch Casino & Resort, Inc. 51,748  916 
   O'Charley's Inc. 79,089  911 
* ValueVision Media, Inc. 164,070  909 
* Leapfrog Enterprises, Inc. 128,491  906 
* PetMed Express, Inc. 81,473  904 
*^ Overstock.com, Inc. 75,419  898 
* Cavco Industries, Inc. 24,978  875 
   Bassett Furniture Industries, Inc. 69,749  861 
* Lodgian, Inc. 77,000  859 
* Bluegreen Corp. 126,458  847 
* Nobel Learning Communities, Inc. 63,095  844 
* Select Comfort Corp. 233,172  839 
* Tuesday Morning Corp. 159,530  826 
* 4Kids Entertainment Inc. 83,219  813 
* Restoration Hardware, Inc. 183,568  797 
* Riviera Holdings Corp. 38,655  797 
* The Princeton Review, Inc. 100,455  791 
   Lithia Motors, Inc. 76,179  774 
* Core-Mark Holding Co., Inc. 26,883  773 
^ Systemax Inc. 64,019  772 
   Stanley Furniture Co., Inc. 61,417  762 
* Sturm, Ruger & Co., Inc. 91,712  756 
* A.C. Moore Arts & Crafts, Inc. 109,719  748 
* Great Wolf Resorts, Inc. 117,042  747 
* Fisher Communications, Inc. 23,848  743 
* Interstate Hotels & Resorts, Inc. 155,381  743 
* Hollywood Media Corp. 306,459  736 
* Dolan Media Co. 36,500  734 
^ Stein Mart, Inc. 130,574  734 
* Luby's, Inc. 102,939  729 
*^ Smith & Wesson Holding Corp. 143,738  722 
*^ Build-A-Bear-Workshop, Inc. 79,289  721 
^ CPI Corp. 41,713  720 
   Big 5 Sporting Goods Corp. 81,885  718 
* Unifi, Inc. 247,867  716 
*^ Six Flags, Inc. 431,512  708 
   Haverty Furniture Cos., Inc. 66,379  706 
* Orbitz Worldwide, Inc. 99,800  688 
*^ LodgeNet Interactive Corp. 112,549  685 
* Westwood One, Inc. 325,972  685 
* drugstore.com, Inc. 307,657  683 
* Stoneridge, Inc. 50,516  679 
* Citi Trends Inc. 36,598  675 
   Weyco Group, Inc. 22,739  675 
* Red Lion Hotels Corp. 78,800  675 
* Famous Dave's of America, Inc. 70,518  673 
* Playboy Enterprises, Inc. Class B 80,688  672 
   Escalade, Inc. 74,688  662 
   Dover Downs Gaming & Entertainment, Inc. 76,182  648 
* Emmis Communications, Inc. 185,353  645 
   Skyline Corp. 23,087  642 
   Building Materials Holding Corp. 143,698  629 
* Dorman Products, Inc. 58,318  627 
   Strattec Security Corp. 14,793  626 
* Isle of Capri Casinos, Inc. 87,332  624 
* Culp, Inc. 82,428  620 
* Benihana Inc. Class A 54,980  620 
* Casual Male Retail Group, Inc. 145,726  612 
*^ Conn's, Inc. 37,316  609 
*^ WCI Communities, Inc. 181,375  608 
   Shiloh Industries, Inc. 53,686  600 
* Nexstar Broadcasting Group, Inc. 101,108  597 
   Frisch's Restaurants, Inc. 25,701  591 
* Franklin Covey Co. 77,483  581 
* Trans World Entertainment Corp. 154,357  580 
*^ Quantum Fuel Systems Technologies Worldwide, Inc. 605,940  576 
* Cache, Inc. 50,841  574 
* Multimedia Games Inc. 107,310  573 
* New York & Co., Inc. 99,413  571 
^ Nautilus Inc. 171,400  564 
* Rocky Brands Inc 98,550  558 
* Insignia Systems, Inc. 213,749  557 
* America's Car-Mart, Inc. 42,864  540 
   Hooker Furniture Corp. 24,143  539 
* Spanish Broadcasting System, Inc. 303,693  538 
* DSW Inc. Class A 41,228  534 
* Design Within Reach Inc. 185,894  530 
*^ Premier Exhibitions Inc. 86,968  525 
* G-III Apparel Group, Ltd. 38,762  520 
* Cosi, Inc. 179,081  514 
* Shutterfly, Inc. 33,000  491 
* Saga Communications, Inc. 87,332  489 
* Shoe Carnival, Inc. 35,991  487 
* Progressive Gaming International Corp. 226,600  480 
* Mothers Work, Inc. 28,220  472 
   Books-a-Million Inc. 53,904  471 
* DXP Enterprises Inc 11,980  471 
*^ Jamba Inc. 172,150  456 
* REX Stores Corp. 23,108  455 
* Ruth's Chris Steak House Inc. 65,396  452 
* Joe's Jeans, Inc. 389,951  445 
*^ Palm Harbor Homes, Inc. 83,570  440 
* Retail Ventures, Inc. 90,164  437 
* McCormick & Schmick's Seafood Restaurants, Inc. 36,973  431 
   Carmike Cinemas, Inc. 40,752  419 
   Craftmade International, Inc. 51,978  418 
*^ WorldSpace, Inc. Class A 248,083  414 
* Directed Electronics Inc. 197,293  412 
* Forward Industries, Inc. 168,288  407 
   Flexsteel Industries, Inc. 30,207  407 
* E Com Ventures, Inc. 27,035  404 
* Outdoor Channel Holdings Inc. 54,565  401 
* Harris Interactive Inc. 146,880  401 
*^ Trump Entertainment Resorts, Inc. 111,347  401 
   Noble International, Ltd. 60,630  379 
^ Ambassadors International, Inc. 51,134  379 
* Youbet.com, Inc. 467,035  378 
* Lenox Group, Inc. 213,128  377 
* Hartmarx Corp. 127,709  373 
^ GateHouse Media, Inc. 63,500  371 
   Collectors Universe, Inc. 35,293  367 
   Arctic Cat, Inc. 50,072  365 
   Nobility Homes, Inc. 20,807  364 
* Eddie Bauer Holding, Inc. 92,038  358 
* American Apparel, Inc. 37,516  355 
^ Lifetime Brands, Inc. 39,254  351 
* Town Sports International Holdings, Inc. 54,278  348 
* Lakes Entertainment, Inc. 78,676  348 
*^ Source Interlink Cos., Inc. 180,748  343 
*^ Cost Plus, Inc. 102,258  343 
* Gaming Partners International 48,997  338 
* West Marine, Inc. 48,185  336 
* Levitt Corp. Class A 156,983  311 
* E. Gottschalk & Co., Inc. 104,596  311 
* Meade Instruments Corp. 239,655  309 
* Benihana Inc. 27,540  308 
   Beasley Broadcast Group, Inc. 85,961  306 
   ARK Restaurants Corp. 10,403  302 
* Rubio's Restaurants, Inc. 52,526  300 
* Century Casinos, Inc. 91,400  296 
   Triarc Cos., Inc. Class A 45,566  287 
^ Orleans Homebuilders, Inc. 50,004  285 
* Fuel Systems Solutions, Inc. 21,253  283 
* Regent Communications, Inc. 220,322  275 
* Rockford Corp. 168,328  269 
* Tandy Leather Factory, Inc. 101,105  269 
*^ Empire Resorts Inc. 192,357  264 
   J. Alexander's Corp. 31,500  261 
* Carrols Restaurant Group Inc. 29,072  260 
* New Motion, Inc. 58,245  256 
*^ InfoSonics Corp. 253,167  256 
* Carriage Services, Inc. 32,285  252 
* Sun-Times Media Group, Inc. 347,317  250 
   Coachmen Industries, Inc. 83,518  249 
* Pomeroy IT Solutions, Inc. 44,708  247 
   Delta Apparel, Inc. 40,646  246 
* Proliance International Inc. 133,284  243 
* Triple Crown Media, Inc. 86,766  242 
* Franklin Electronic Publishers, Inc. 109,761  232 
   Celebrate Express, Inc. 43,378  228 
^ Bon-Ton Stores, Inc. 41,606  228 
* Radio One, Inc. Class D 147,500  224 
* CoActive Marketing Group, Inc. 77,799  224 
* The Dixie Group, Inc. 26,360  221 
^ Charles & Colvard Ltd. 179,086  220 
   Salem Communications Corp. 54,562  219 
*^ Nitches Inc. 136,011  211 
* K12 Inc. 10,700  210 
   Standard Motor Products, Inc. 34,204  209 
*^ Amerityre Corp. 99,178  200 
*^ Rick's Cabaret International, Inc. 8,635  197 
*^ Navarre Corp. 111,907  197 
* Playboy Enterprises, Inc. Class A 22,850  197 
*^ WPT Enterprises Inc. 130,505  189 
*^ Syntax-Brillian Corp. 188,677  185 
* Fairchild Corp. 77,735  177 
* Young Broadcasting Inc. 232,572  177 
*^ Big Dog Holdings, Inc. 28,663  176 
* Silverleaf Resorts, Inc. 76,000  173 
* Radio One, Inc. 112,893  172 
* Alloy, Inc. 22,775  167 
* NTN Communications, Inc. 273,189  164 
* Emerson Radio Corp. 143,655  158 
* American Public Education, Inc. 4,938  150 
* Ashworth, Inc. 50,656  145 
* Bakers Footwear Group Inc. 67,036  133 
*^ Gander Mountain Co. 21,005  128 
* Lincoln Educational Services 10,635  128 
   Johnson Outdoors Inc. 7,174  123 
* Morton's Restaurant Group Inc. 15,060  119 
* Concord Camera Corp. 31,684  119 
* California Coastal Communities, Inc. 24,348  118 
*^ Bluefly, Inc. 248,635  117 
* Ulta Salon, Cosmetics & Fragrance, Inc. 7,500  105 
* RedEnvelope, Inc. 170,213  102 
   ILX Resorts Inc. 18,700  95 
* Hallwood Group Inc. 1,600  94 
*^ Heelys Inc. 21,401  92 
^ Journal Register Co. 177,162  89 
   Aldila, Inc. 7,462  85 
* Duckwall-ALCO Stores, Inc. 6,717  77 
* Caribou Coffee Co. 24,576  70 
* Acme Communications, Inc. 33,769  68 
* Buca, Inc. 100,544  65 
* Shoe Pavilion, Inc. 61,918  65 
* Kirkland's, Inc. 47,827  60 
*^ VCG Holding Corp 9,704  59 
* Golfsmith International Holdings, Inc. 27,400  58 
*^ Comstock Homebuilding Cos., Inc. 52,058  44 
* Wilsons The Leather Experts Inc. 207,336  44 
   Deerfield Capital Corp. 31,928  44 
* Sport Supply Group Inc. 3,578  43 
* Cavalier Homes, Inc. 24,500  39 
   Aaron Rents, Inc. Class A 2,025  38 
* Max & Erma's Restaurant, Inc. 11,405  30 
* Tarragon Corp. 11,944  26 
* SPEEDUS Corp. 19,899  24 
* SPAR Group, Inc. 6,650 
* Finlay Enterprises, Inc. 8,246 
* Singing Machine Co., Inc. 6,000 
*^ Gadzooks, Inc. 92,160 

        1,591,373 

   Consumer Staples (3.1%)
   Bunge Ltd. 576,060  50,048 
* Energizer Holdings, Inc. 273,671  24,762 
   Church & Dwight, Inc. 315,038  17,088 
* Smithfield Foods, Inc. 557,561  14,363 
   Hormel Foods Corp. 341,135  14,212 
   J.M. Smucker Co. 263,379  13,330 
   Corn Products International, Inc. 350,377  13,013 
*^ Rite Aid Corp. 3,790,134  11,143 
   Alberto-Culver Co. 402,285  11,027 
* BJ's Wholesale Club, Inc. 304,236  10,858 
* Hansen Natural Corp. 287,682  10,155 
   Flowers Foods, Inc. 373,098  9,234 
   Del Monte Foods Co. 935,646  8,917 
   Universal Corp. (VA) 129,116  8,461 
* NBTY, Inc. 267,857  8,022 
   PepsiAmericas, Inc. 281,300  7,182 
* Ralcorp Holdings, Inc. 123,211  7,165 
   Ruddick Corp. 177,400  6,539 
   Longs Drug Stores, Inc. 151,141  6,417 
* Chattem, Inc. 90,934  6,033 
* Hain Celestial Group, Inc. 190,187  5,611 
* Performance Food Group Co. 169,281  5,532 
   Casey's General Stores, Inc. 242,369  5,478 
* Darling International, Inc. 389,114  5,039 
*^ Chiquita Brands International, Inc. 203,874  4,712 
   Nu Skin Enterprises, Inc. 234,745  4,230 
   Lancaster Colony Corp. 100,316  4,009 
   Pilgrim's Pride Corp. 193,374  3,912 
* United Natural Foods, Inc. 204,912  3,834 
   The Andersons, Inc. 85,879  3,831 
* TreeHouse Foods Inc. 148,831  3,402 
   Vector Group Ltd. 186,995  3,289 
   Tootsie Roll Industries, Inc. 129,799  3,271 
* Winn-Dixie Stores, Inc. 164,600  2,956 
   Lance, Inc. 149,038  2,921 
* The Great Atlantic & Pacific Tea Co., Inc. 109,113  2,861 
   Sanderson Farms, Inc. 73,549  2,796 
   Seaboard Corp. 1,725  2,700 
   WD-40 Co. 81,051  2,695 
*^ Green Mountain Coffee Roasters, Inc. 83,755  2,651 
* Alliance One International, Inc. 425,178  2,568 
* Boston Beer Co., Inc. Class A 51,941  2,469 
   Nash-Finch Co. 70,438  2,393 
* Elizabeth Arden, Inc. 119,465  2,383 
*^ Smart Balance Inc. 300,022  2,370 
*^ Bare Escentuals, Inc. 100,073  2,344 
   J & J Snack Foods Corp. 84,947  2,333 
   Weis Markets, Inc. 66,030  2,276 
* The Pantry, Inc. 106,138  2,237 
   Spartan Stores, Inc. 95,466  1,990 
^ Cal-Maine Foods, Inc. 59,005  1,970 
   PriceSmart, Inc. 70,717  1,960 
* Central Garden & Pet Co. Class A 389,572  1,730 
* Prestige Brands Holdings Inc. 203,439  1,664 
   B&G Foods Inc. 122,771  1,350 
   Coca-Cola Bottling Co. 21,880  1,348 
   Ingles Markets, Inc. 52,584  1,293 
   Farmer Brothers, Inc. 54,200  1,254 
*^ USANA Health Sciences, Inc. 55,436  1,221 
   Diamond Foods, Inc. 62,523  1,134 
*^ Spectrum Brands Inc. 212,252  970 
*^ Lifeway Foods, Inc. 87,769  937 
   Alico, Inc. 20,636  911 
* Susser Holdings Corp. 48,450  909 
   Inter Parfums, Inc. 40,883  903 
   National Beverage Corp. 116,278  892 
   Arden Group Inc. Class A 5,988  856 
* Revlon, Inc. Class A 859,320  834 
* Omega Protein Corp. 59,246  809 
* Monterey Pasta Co. 235,697  721 
   Reddy Ice Holdings, Inc. 53,600  698 
* Natural Alternatives International, Inc. 75,737  682 
^ Imperial Sugar Co. 36,009  678 
   United Guardian, Inc. 59,589  610 
* Nutraceutical International Corp. 46,612  606 
* Maui Land & Pineapple Co., Inc. 18,729  597 
*^ John B. Sanfilippo & Son, Inc. 63,824  569 
   Calavo Growers, Inc. 28,974  504 
   Rocky Mountain Chocolate Factory, Inc. 37,288  468 
^ MGP Ingredients, Inc. 59,959  419 
^ Mannatech, Inc. 49,720  355 
*^ Jones Soda Co. 89,499  312 
*^ Star Scientific, Inc. 201,133  310 
* Cusine Solutions, Inc. 87,540  260 
^ Reliv International, Inc. 38,664  257 
*^ Medifast, Inc. 59,209  250 
   Schiff Nutrition International, Inc. 40,607  243 
* Physicians Formula Holdings, Inc. 24,205  216 
   Village Super Market Inc. Class A 3,789  195 
* Integrated Biopharma, Inc. 59,810  175 
* IGI, Inc. 71,700  151 
* Zapata Corp. 21,172  147 
* Parlux Fragrances, Inc. 46,240  136 
* Diedrich Coffee, Inc. 13,950  32 
* Vermont Pure Holdings, Ltd. 600 

        389,599 

   Energy (9.2%)
* Ultra Petroleum Corp. 725,855  56,254 
* Southwestern Energy Co. 1,623,610  54,699 
   Diamond Offshore Drilling, Inc. 324,088  37,724 
* FMC Technologies Inc. 620,231  35,285 
* Denbury Resources, Inc. 1,163,772  33,226 
* Newfield Exploration Co. 623,741  32,965 
   Arch Coal, Inc. 682,812  29,702 
* Grant Prideco, Inc. 592,906  29,183 
* Plains Exploration & Production Co. 537,544  28,565 
   Pioneer Natural Resources Co. 569,420  27,970 
* Pride International, Inc. 795,268  27,795 
   Cabot Oil & Gas Corp. 463,651  23,572 
   Helmerich & Payne, Inc. 493,526  23,132 
   Cimarex Energy Co. 393,700  21,551 
* Forest Oil Corp. 418,724  20,501 
* Exterran Holdings, Inc. 309,787  19,994 
   Patterson-UTI Energy, Inc. 731,104  19,140 
* Petrohawk Energy Corp. 911,044  18,376 
* Quicksilver Resources, Inc. 490,044  17,901 
* Oceaneering International, Inc. 262,606  16,544 
* Superior Energy Services, Inc. 383,862  15,209 
   Tidewater Inc. 260,433  14,352 
   Massey Energy Co. 381,465  13,923 
* Helix Energy Solutions Group, Inc. 435,442  13,716 
* Alpha Natural Resources, Inc. 313,567  13,621 
   Frontier Oil Corp. 491,001  13,385 
* Whiting Petroleum Corp. 200,385  12,955 
* Unit Corp. 223,222  12,646 
* Dresser Rand Group, Inc. 409,738  12,599 
* Atwood Oceanics, Inc. 131,578  12,068 
   St. Mary Land & Exploration Co. 299,707  11,539 
* Mariner Energy Inc. 416,202  11,242 
   Foundation Coal Holdings, Inc. 213,609  10,751 
* Oil States International, Inc. 234,619  10,513 
* Encore Acquisition Co. 253,637  10,216 
* W-H Energy Services, Inc. 146,544  10,090 
   Berry Petroleum Class A 210,886  9,804 
* SandRidge Energy, Inc. 242,000  9,474 
* SEACOR Holdings Inc. 107,293  9,159 
* Hercules Offshore, Inc. 360,182  9,048 
   Overseas Shipholding Group Inc. 128,710  9,015 
   Penn Virginia Corp. 197,364  8,702 
* Comstock Resources, Inc. 215,071  8,667 
   Holly Corp. 192,040  8,336 
* Key Energy Services, Inc. 608,206  8,162 
* Bill Barrett Corp. 159,583  7,540 
* EXCO Resources, Inc. 389,905  7,213 
* Delta Petroleum Corp. 317,335  7,153 
* Stone Energy Corp. 134,240  7,022 
* Global Industries Ltd. 432,904  6,965 
   Atlas America, Inc. 114,899  6,944 
* Carrizo Oil & Gas, Inc. 116,305  6,893 
   Crosstex Energy, Inc. 196,063  6,656 
* Swift Energy Co. 144,006  6,479 
*^ BPZ Energy, Inc. 296,530  6,444 
* Bristow Group, Inc. 113,419  6,087 
* Dril-Quip, Inc. 129,667  6,026 
* Gulfmark Offshore, Inc. 109,537  5,994 
* Patriot Coal Corp. 126,273  5,931 
* Arena Resources, Inc. 149,220  5,776 
* Grey Wolf, Inc. 844,107  5,723 
* TETRA Technologies, Inc. 354,290  5,612 
* ION Geophysical Corp. 392,564  5,417 
* Complete Production Services, Inc. 229,924  5,274 
* Hornbeck Offshore Services, Inc. 109,925  5,020 
* Petroleum Development Corp. 71,140  4,928 
* Rosetta Resources, Inc. 242,943  4,779 
* Continental Resources, Inc. 143,911  4,589 
   W&T Offshore, Inc. 131,058  4,470 
   Lufkin Industries, Inc. 69,823  4,456 
* CNX Gas Corp. 136,877  4,418 
* NATCO Group Inc. 88,441  4,135 
*^ Cheniere Energy, Inc. 207,512  4,109 
* Contango Oil & Gas Co. 62,751  4,054 
* ATP Oil & Gas Corp. 122,567  4,010 
   CARBO Ceramics Inc. 97,221  3,899 
*^ International Coal Group, Inc. 605,518  3,845 
   World Fuel Services Corp. 136,269  3,825 
* Parallel Petroleum Corp. 194,960  3,815 
* Pioneer Drilling Co. 237,207  3,779 
*^ McMoRan Exploration Co. 206,933  3,578 
* PetroQuest Energy, Inc. 205,302  3,560 
   General Maritime Corp. 149,429  3,528 
* Parker Drilling Co. 535,174  3,457 
*^ Warren Resources Inc. 277,188  3,290 
^ RPC Inc. 191,330  2,906 
* Trico Marine Services, Inc. 71,526  2,787 
* Concho Resources, Inc. 104,728  2,685 
* Newpark Resources, Inc. 503,727  2,569 
* Dawson Geophysical Co. 36,632  2,473 
* Bois d'Arc Energy, Inc. 109,523  2,354 
* Harvest Natural Resources, Inc. 191,510  2,310 
* CVR Energy, Inc. 98,830  2,276 
* James River Coal Co. 127,422  2,232 
* Matrix Service Co. 126,799  2,178 
*^ GMX Resources Inc. 60,284  2,106 
*^ Goodrich Petroleum Corp. 69,888  2,102 
*^ USEC Inc. 526,455  1,948 
*^ TXCO Resources Inc. 150,318  1,861 
* Basic Energy Services Inc. 83,698  1,848 
* Clayton Williams Energy, Inc. 35,180  1,847 
*^ Allis-Chalmers Energy Inc. 129,235  1,782 
   Western Refining, Inc. 129,905  1,750 
* Energy Partners, Ltd. 180,401  1,708 
* VeraSun Energy Corp. 218,684  1,607 
   Gulf Island Fabrication, Inc. 55,850  1,604 
* Vaalco Energy, Inc. 311,538  1,548 
* Gasco Energy Inc. 625,155  1,525 
*^ Uranium Resources Inc. 251,930  1,509 
* Bronco Drilling Co., Inc. 93,365  1,504 
* Superior Well Services, Inc. 66,915  1,463 
* Cal Dive International, Inc. 134,471  1,396 
* Callon Petroleum Co. 75,673  1,369 
* PHI Inc. 40,335  1,230 
*^ SulphCo, Inc. 292,387  1,219 
* Mitcham Industries, Inc. 66,658  1,188 
*^ Verenium Corp. 323,460  1,139 
*^ Bolt Technology Corp. 61,350  1,131 
* Union Drilling, Inc. 62,967  1,101 
* T-3 Energy Services, Inc. 25,679  1,093 
* Natural Gas Services Group 50,000  1,092 
* OYO Geospace Corp. 23,929  1,087 
* Westmoreland Coal Co. 79,254  1,076 
*^ Tri-Valley Corp. 178,836  1,071 
* Abraxas Petroleum Corp. 323,739  1,068 
*^ FX Energy, Inc. 244,651  1,042 
*^ ENGlobal Corp. 121,631  1,040 
* Quest Resource Corp. 154,249  1,013 
* Gulfport Energy Corp. 91,405  969 
* Double Eagle Petroleum Co. 55,436  942 
* Brigham Exploration Co. 148,635  902 
* Cano Petroleum Inc. 184,887  865 
   Panhandle Royalty Co. 30,200  835 
*^ American Oil & Gas Inc. 253,832  830 
*^ Ngas Resources Inc. 147,032  828 
*^ Nova Biosource Fuels, Inc. 536,190  810 
*^ Pacific Ethanol, Inc. 172,546  759 
*^ Rentech, Inc. 852,226  758 
^ Alon USA Energy, Inc. 43,840  667 
* Endeavor International Corp. 498,901  664 
*^ Edge Petroleum Corp. 156,390  630 
* Credo Pete Corp. 62,975  627 
*^ Transmeridian Exploration Inc. 659,506  594 
* RAM Energy Resources, Inc. 118,940  585 
*^ Evergreen Energy, Inc. 372,988  574 
*^ Aventine Renewable Energy Holdings, Inc. 98,537  512 
* Toreador Resources Corp. 65,148  507 
* Veneco Inc. 40,682  473 
* US BioEnergy Corp. 79,586  470 
* Harken Energy Corp. 52,687  461 
* Syntroleum Corp. 704,591  437 
* Geomet, Inc. 64,968  433 
* OMNI Energy Services Corp. 116,521  431 
* Royale Energy, Inc. 135,543  393 
*^ Aurora Oil & Gas Corp. 606,300  388 
* PHI Inc. Non-Voting Shares 12,172  384 
* Geokinetics Inc. 19,900  361 
* Clean Energy Fuels Corp. 25,312  338 
* GeoResources Inc. 22,406  336 
*^ Hyperdynamics Corp. 283,294  331 
* The Meridian Resource Corp. 223,074  330 
*^ Superior Offshore International Inc. 89,800  297 
* Rex Energy Corp. 17,409  290 
*^ Dune Energy, Inc. 160,300  289 
   Barnwell Industries, Inc. 11,466  125 
* Infinity, Inc. 214,609  124 
* Approach Resources Inc. 6,300  99 
* Green Plains Renewable Energy, Inc. 9,000  66 
* Tengasco, Inc. 35,590  21 
   Boots & Coots International Well Control, Inc. 3,280 

        1,152,542 

   Financials (18.7%)
   Invesco, Ltd. 1,831,049  44,604 
   Nymex Holdings Inc. 445,250  40,353 
* Nasdaq Stock Market Inc. 946,000  36,572 
   Ventas, Inc. REIT 657,994  29,551 
   People's United Financial Inc. 1,635,660  28,313 
   New York Community Bancorp, Inc. 1,541,839  28,092 
   Everest Re Group, Ltd. 298,304  26,707 
   AMB Property Corp. REIT 464,372  25,271 
   The Macerich Co. REIT 343,114  24,111 
   SL Green Realty Corp. REIT 279,528  22,773 
   Federal Realty Investment Trust REIT 278,674  21,723 
   Regency Centers Corp. REIT 331,973  21,499 
* Markel Corp. 47,466  20,884 
   W.R. Berkley Corp. 737,656  20,426 
   White Mountains Insurance Group Inc. 42,325  20,316 
^ BlackRock, Inc. 94,721  19,340 
   Health Care Inc. REIT 420,995  19,000 
^ The St. Joe Co. 436,587  18,743 
   Fidelity National Financial, Inc. Class A 1,011,474  18,540 
* TD Ameritrade Holding Corp. 1,079,079  17,816 
   Synovus Financial Corp. 1,567,065  17,332 
   Eaton Vance Corp. 548,484  16,734 
   Rayonier Inc. REIT 372,132  16,165 
   Associated Banc-Corp. 606,617  16,154 
   Duke Realty Corp. REIT 694,055  15,831 
* Affiliated Managers Group, Inc. 173,562  15,749 
^ Popular, Inc. 1,337,167  15,591 
   UDR, Inc. REIT 633,277  15,528 
   Nationwide Health Properties, Inc. REIT 451,704  15,245 
   Hospitality Properties Trust REIT 448,108  15,245 
   SEI Investments Co. 602,668  14,880 
   First American Corp. 437,313  14,842 
   Cullen/Frost Bankers, Inc. 279,121  14,805 
   Commerce Bancshares, Inc. 343,247  14,427 
^ Allied Capital Corp. 772,362  14,235 
   Old Republic International Corp. 1,098,895  14,187 
   Alexandria Real Estate Equities, Inc. REIT 151,915  14,086 
   Essex Property Trust, Inc. REIT 121,043  13,796 
   Liberty Property Trust REIT 437,313  13,605 
   Protective Life Corp. 335,173  13,595 
   Waddell & Reed Financial, Inc. 407,414  13,090 
   Taubman Co. REIT 250,707  13,062 
   Forest City Enterprise Class A 343,204  12,630 
   Camden Property Trust REIT 249,976  12,549 
   HCC Insurance Holdings, Inc. 548,124  12,437 
^ Realty Income Corp. REIT 482,729  12,368 
   Weingarten Realty Investors REIT 353,650  12,180 
   Jones Lang LaSalle Inc. 150,648  11,651 
   Nationwide Financial Services, Inc. 242,254  11,454 
   Bank of Hawaii Corp. 228,683  11,334 
   Douglas Emmett, Inc. REIT 513,052  11,318 
   UnionBanCal Corp. 229,350  11,256 
   Mack-Cali Realty Corp. REIT 312,338  11,154 
   StanCorp Financial Group, Inc. 232,647  11,100 
   BRE Properties Inc. Class A REIT 242,137  11,032 
   Digital Realty Trust, Inc. REIT 310,240  11,014 
   Valley National Bancorp 572,115  10,990 
   Erie Indemnity Co. Class A 212,955  10,901 
   Senior Housing Properties Trust REIT 450,126  10,668 
   Astoria Financial Corp. 389,431  10,577 
   Raymond James Financial, Inc. 455,541  10,468 
   Arthur J. Gallagher & Co. 437,355  10,330 
   The Hanover Insurance Group Inc. 247,867  10,197 
   Fulton Financial Corp. 826,898  10,163 
   Wilmington Trust Corp. 321,644  10,003 
* Investment Technology Group, Inc. 207,227  9,570 
   Washington Federal Inc. 417,011  9,525 
   City National Corp. 191,832  9,488 
   Brown & Brown, Inc. 543,156  9,440 
   TCF Financial Corp. 516,201  9,250 
   iStar Financial Inc. REIT 647,744  9,088 
* Conseco, Inc. 886,153  9,039 
^ Apollo Investment Corp. 568,773  9,004 
* Philadelphia Consolidated Holding Corp. 277,939  8,950 
   Unitrin, Inc. 247,302  8,740 
   American Financial Group, Inc. 339,513  8,678 
   Jefferies Group, Inc. 533,404  8,604 
   Transatlantic Holdings, Inc. 129,437  8,588 
   Highwood Properties, Inc. REIT 272,402  8,464 
* Alleghany Corp. 24,667  8,424 
   Susquehanna Bancshares, Inc. 408,241  8,316 
* ProAssurance Corp. 152,737  8,222 
   Post Properties, Inc. REIT 208,582  8,055 
   DCT Industrial Trust Inc. REIT 802,437  7,992 
   FirstMerit Corp. 384,255  7,939 
   BancorpSouth, Inc. 341,960  7,920 
   Reinsurance Group of America, Inc. 142,382  7,751 
   Potlatch Corp. REIT 186,881  7,713 
   Kilroy Realty Corp. REIT 156,282  7,675 
   Whitney Holdings Corp. 307,865  7,632 
   Corporate Office Properties Trust, Inc. REIT 225,896  7,592 
   National Retail Properties REIT 344,045  7,586 
   Mercury General Corp. 169,971  7,531 
   Commerce Group, Inc. 207,054  7,466 
   BioMed Realty Trust, Inc. REIT 312,136  7,457 
   Washington REIT 222,476  7,435 
   Home Properties, Inc. REIT 154,846  7,431 
   CBL & Associates Properties, Inc. REIT 314,666  7,404 
* Knight Capital Group, Inc. Class A 448,950  7,291 
   HRPT Properties Trust REIT 1,074,797  7,233 
^ Colonial BancGroup, Inc. 750,218  7,225 
^ Westamerica Bancorporation 136,782  7,195 
   UMB Financial Corp. 171,729  7,075 
   Entertainment Properties Trust REIT 143,108  7,060 
   Brandywine Realty Trust REIT 414,022  7,022 
   Webster Financial Corp. 249,774  6,961 
   National Penn Bancshares Inc. 377,298  6,863 
   First Niagara Financial Group, Inc. 497,264  6,758 
* SVB Financial Group 153,687  6,707 
   The Phoenix Cos., Inc. 544,821  6,652 
   First Midwest Bancorp, Inc. 230,905  6,412 
^ First Industrial Realty Trust REIT 206,772  6,387 
   Zenith National Insurance Corp. 176,716  6,337 
   NewAlliance Bancshares, Inc. 515,833  6,324 
   Healthcare Realty Trust Inc. REIT 241,731  6,321 
   Mid-America Apartment Communities, Inc. REIT 122,328  6,097 
   Selective Insurance Group 255,172  6,094 
   TFS Financial Corp. 505,884  6,086 
^ Greenhill & Co., Inc. 86,243  5,999 
   Delphi Financial Group, Inc. 203,864  5,959 
   Equity Lifestyle Properties, Inc. REIT 116,205  5,737 
   Tanger Factory Outlet Centers, Inc. REIT 149,036  5,733 
   DiamondRock Hospitality Co. REIT 451,748  5,724 
   Old National Bancorp 316,732  5,701 
   Omega Healthcare Investors, Inc. REIT 326,793  5,673 
   BOK Financial Corp. 106,013  5,537 
   Hilb, Rogal and Hamilton Co. 174,485  5,491 
   LaSalle Hotel Properties REIT 190,877  5,484 
*^ AmeriCredit Corp. 544,277  5,481 
   International Bancshares Corp. 242,357  5,472 
   Colonial Properties Trust REIT 224,385  5,396 
   East West Bancorp, Inc. 300,649  5,337 
   EastGroup Properties, Inc. REIT 113,345  5,266 
   Prosperity Bancshares, Inc. 183,050  5,246 
   Trustmark Corp. 234,375  5,222 
   The South Financial Group, Inc. 345,813  5,139 
   Extra Space Storage Inc. REIT 315,056  5,101 
   MB Financial, Inc. 164,408  5,060 
   Cash America International Inc. 138,896  5,056 
   Odyssey Re Holdings Corp. 134,591  4,946 
   Glacier Bancorp, Inc. 255,848  4,905 
* Interactive Brokers Group, Inc. 190,748  4,897 
   United Bankshares, Inc. 183,204  4,882 
   American Financial Realty Trust REIT 612,584  4,864 
   Cathay General Bancorp 234,278  4,857 
   Hancock Holding Co. 114,851  4,826 
   Pacific Capital Bancorp 218,578  4,699 
   Strategic Hotels and Resorts, Inc. REIT 354,144  4,650 
   Pennsylvania REIT 186,947  4,560 
   Sunstone Hotel Investors, Inc. REIT 284,442  4,554 
   F.N.B. Corp. 289,029  4,512 
*^ Doral Financial Corp. 223,362  4,507 
   Citizens Banking Corp. 361,349  4,492 
   First Charter Corp. 166,457  4,446 
^ Umpqua Holdings Corp. 286,061  4,437 
   GFI Group Inc. 77,406  4,435 
   Sovran Self Storage, Inc. REIT 103,726  4,430 
   Employers Holdings, Inc. 236,211  4,379 
   Ares Capital Corp. 346,955  4,361 
   optionsXpress Holdings Inc. 210,387  4,357 
^ Cousins Properties, Inc. REIT 175,900  4,346 
   R.L.I. Corp. 86,525  4,289 
   Inland Real Estate Corp. REIT 278,416  4,235 
   Equity One, Inc. REIT 176,140  4,222 
* Forestar Real Estate Group, Inc. 169,325  4,218 
   Lexington Realty Trust REIT 291,390  4,199 
^ National Financial Partners Corp. 186,831  4,198 
   First Financial Bankshares, Inc. 99,078  4,060 
   Franklin Street Properties Corp. REIT 282,855  4,050 
   Capitol Federal Financial 105,505  3,954 
   Wintrust Financial Corp. 111,789  3,907 
   UCBH Holdings, Inc. 498,362  3,867 
   United Fire & Casualty Co. 103,168  3,858 
   Sterling Financial Corp. 245,152  3,827 
   PS Business Parks, Inc. REIT 72,779  3,777 
   Midland Co. 57,453  3,730 
   Acadia Realty Trust REIT 153,681  3,711 
   First BanCorp Puerto Rico 362,571  3,684 
   CNA Financial Corp. 141,865  3,659 
^ PrivateBancorp, Inc. 116,060  3,652 
* Investors Bancorp, Inc. 236,607  3,632 
* Signature Bank 141,550  3,610 
   FelCor Lodging Trust, Inc. REIT 298,309  3,589 
   American Campus Communities, Inc. REIT 130,322  3,566 
   Provident Financial Services Inc. 250,846  3,547 
^ Park National Corp. 50,011  3,543 
   First Commonwealth Financial Corp. 304,149  3,525 
   National Health Investors REIT 112,309  3,510 
   Alfa Corp. 158,667  3,487 
^ Frontier Financial Corp. 196,210  3,469 
   First Citizens BancShares Class A 24,872  3,466 
   Sterling Bancshares, Inc. 348,078  3,460 
   Community Bank System, Inc. 140,615  3,454 
* Navigators Group, Inc. 63,452  3,452 
* Alexander's, Inc. REIT 9,645  3,419 
   NBT Bancorp, Inc. 152,474  3,385 
   Horace Mann Educators Corp. 193,206  3,377 
* Stifel Financial Corp. 74,223  3,333 
^ United Community Banks, Inc. 194,285  3,299 
   CVB Financial Corp. 315,539  3,285 
   Infinity Property & Casualty Corp. 76,863  3,198 
^ TrustCo Bank NY 359,007  3,192 
   Brookline Bancorp, Inc. 277,856  3,190 
   S & T Bancorp, Inc. 98,510  3,169 
   First Community Bancorp 116,092  3,117 
   WesBanco, Inc. 125,939  3,112 
^ Portfolio Recovery Associates, Inc. 72,322  3,102 
* FCStone Group, Inc. 111,814  3,097 
*^ KBW Inc. 139,901  3,085 
   City Holding Co. 76,908  3,069 
   Medical Properties Trust Inc. REIT 256,497  2,904 
   LandAmerica Financial Group, Inc. 73,028  2,882 
   MCG Capital Corp. 313,159  2,847 
   Ashford Hospitality Trust REIT 491,536  2,792 
   DuPont Fabros Technology Inc. 169,034  2,787 
* Pinnacle Financial Partners, Inc. 106,496  2,726 
   Chemical Financial Corp. 113,722  2,711 
   Maguire Properties, Inc. REIT 188,292  2,694 
   Parkway Properties Inc. REIT 72,259  2,671 
   Investors Real Estate Trust REIT 272,363  2,664 
   Provident New York Bancorp, Inc. 196,640  2,655 
   Safety Insurance Group, Inc. 77,287  2,638 
   Financial Federal Corp. 120,862  2,636 
* Texas Capital Bancshares, Inc. 156,035  2,634 
   U-Store-It Trust REIT 231,193  2,619 
   Saul Centers, Inc. REIT 51,464  2,586 
   Dime Community Bancshares 147,693  2,582 
   Central Pacific Financial Co. 136,783  2,578 
* World Acceptance Corp. 80,833  2,575 
   Community Trust Bancorp Inc. 87,187  2,555 
* Tejon Ranch Co. 68,318  2,550 
* Piper Jaffray Cos., Inc. 74,783  2,540 
^ Radian Group, Inc. 384,019  2,523 
   American Equity Investment Life Holding Co. 271,055  2,515 
   State Auto Financial Corp. 85,399  2,488 
   LTC Properties, Inc. REIT 96,694  2,486 
   Bank Mutual Corp. 231,145  2,482 
   Cedar Shopping Centers, Inc. REIT 211,610  2,472 
   Sterling Financial Corp. (PA) 141,522  2,470 
^ First Busey Corp. 116,912  2,469 
   OneBeacon Insurance Group Ltd. 129,504  2,463 
   Northwest Bancorp, Inc. 89,920  2,458 
   Harleysville Group, Inc. 67,907  2,451 
   First Financial Bancorp 181,721  2,444 
   First Merchants Corp. 85,489  2,440 
   IBERIABANK Corp. 54,658  2,419 
   Tower Group, Inc. 96,015  2,417 
* EZCORP, Inc. 196,175  2,415 
   FBL Financial Group, Inc. Class A 84,707  2,413 
   Stewart Information Services Corp. 85,686  2,398 
   Independent Bank Corp. (MA) 81,146  2,398 
   Amcore Financial, Inc. 117,579  2,393 
   American Physicians Capital, Inc. 51,434  2,384 
   Universal Health Realty Income REIT 70,535  2,349 
* PICO Holdings, Inc. 77,467  2,342 
^ The First Marblehead Corp. 310,791  2,319 
   Oriental Financial Group Inc. 115,315  2,273 
   Simmons First National Corp. 76,157  2,264 
   National Western Life Insurance Co. Class A 10,422  2,259 
   The PMI Group Inc. 386,918  2,252 
* FPIC Insurance Group, Inc. 47,191  2,225 
   Glimcher Realty Trust REIT 181,401  2,170 
   Cohen & Steers, Inc. 80,516  2,133 
   Univest Corp. of Pennsylvania 80,188  2,100 
* Centennial Bank Holdings Inc. 328,479  2,063 
   Student Loan Corp. 20,828  2,060 
^ Harleysville National Corp. 142,825  2,060 
   Columbia Banking System, Inc. 90,949  2,035 
   BankFinancial Corp. 123,873  1,971 
* Hilltop Holdings Inc. 188,873  1,964 
*^ First Federal Financial Corp. 71,496  1,941 
^ IndyMac Bancorp, Inc. 389,104  1,930 
   Suffolk Bancorp 60,326  1,911 
   Boston Private Financial Holdings, Inc. 177,738  1,882 
   First Potomac REIT 121,691  1,870 
   Advance America, Cash Advance Centers, Inc. 245,752  1,855 
   Mainsource Financial Group, Inc. 119,594  1,854 
   Flushing Financial Corp. 104,992  1,846 
   WSFS Financial Corp. 37,281  1,837 
* Guaranty Financial Group, Inc. 169,922  1,805 
   Ramco-Gershenson Properties Trust REIT 85,389  1,803 
   BancFirst Corp. 39,290  1,799 
^ Prospect Energy Corp. 117,951  1,795 
   Sandy Spring Bancorp, Inc. 64,466  1,774 
   First Source Corp. 83,559  1,759 
   Washington Trust Bancorp, Inc. 70,597  1,752 
   Sun Communities, Inc. REIT 85,169  1,746 
* CNA Surety Corp. 112,976  1,738 
^ Downey Financial Corp. 94,292  1,733 
   Omega Financial Corp. 55,508  1,732 
   Renasant Corp. 76,887  1,730 
   Presidential Life Corp. 98,803  1,723 
   Integra Bank Corp. 104,476  1,693 
^ S.Y. Bancorp, Inc. 72,631  1,688 
^ Corus Bankshares Inc. 171,070  1,665 
   Calamos Asset Management, Inc. 102,123  1,663 
   First Bancorp (NC) 83,341  1,661 
   First Financial Corp. (IN) 53,941  1,660 
^ Capitol Bancorp Ltd. 77,589  1,640 
   Kite Realty Group Trust REIT 116,950  1,637 
   GMH Communities Trust REIT 188,440  1,636 
   Sterling Bancorp 105,321  1,636 
   Provident Bankshares Corp. 152,276  1,635 
* Dollar Financial Corp. 70,792  1,628 
   SWS Group, Inc. 132,772  1,624 
   Gamco Investors Inc. Class A 32,001  1,612 
   Kearny Financial Corp. 146,883  1,608 
   National Interstate Corp. 68,718  1,605 
   Banner Corp. 69,063  1,591 
^ Heartland Financial USA, Inc. 74,648  1,580 
* eHealth, Inc. 71,411  1,576 
   Old Second Bancorp, Inc. 59,304  1,575 
   CapLease, Inc. REIT 202,357  1,572 
   Anchor Bancorp Wisconsin Inc. 81,877  1,553 
   First Financial Holdings, Inc. 65,978  1,548 
   BlackRock Kelso Capital Corp. 129,462  1,546 
   Getty Realty Holding Corp. REIT 95,115  1,515 
   Bank of the Ozarks, Inc. 63,285  1,512 
* SCPIE Holdings Inc. 54,574  1,504 
   Baldwin & Lyons, Inc. Class B 57,899  1,487 
* MarketAxess Holdings, Inc. 148,910  1,480 
   Hanmi Financial Corp. 200,163  1,479 
   Amtrust Financial Services Inc. 91,146  1,477 
*^ Western Alliance Bancorp 114,600  1,474 
*^ Virginia Commerce Bancorp, Inc. 127,012  1,458 
   Independent Bank Corp. (MI) 140,293  1,456 
* Sun Bancorp, Inc. (NJ) 109,417  1,441 
   ProCentury Corp. 79,884  1,438 
   Cardinal Financial Corp. 161,328  1,431 
* Superior Bancorp 286,335  1,423 
   Peoples Bancorp, Inc. 59,008  1,423 
* First Cash Financial Services, Inc. 135,421  1,399 
   Education Realty Trust, Inc. REIT 110,516  1,389 
   Hercules Technology Growth Capital, Inc. 127,190  1,381 
^ Capital City Bank Group, Inc. 47,267  1,371 
* StellarOne Corp. 81,003  1,370 
   Hersha Hospitality Trust REIT 149,017  1,346 
^ Gladstone Capital Corp. 71,759  1,343 
   Financial Institutions, Inc. 70,692  1,340 
   Friedman, Billings, Ramsey Group, Inc. REIT 786,769  1,338 
   Nara Bancorp, Inc. 102,754  1,335 
^ Capital Southwest Corp. 10,764  1,332 
* LaBranche & Co. Inc. 305,187  1,328 
^ Cascade Bancorp 138,310  1,322 
^ Lakeland Bancorp, Inc. 101,482  1,312 
   Associated Estates Realty Corp. REIT 114,319  1,308 
* TradeStation Group, Inc. 152,844  1,302 
   Flagstar Bancorp, Inc. 179,725  1,298 
   Mission West Properties Inc. REIT 136,512  1,290 
* Riskmetrics Group Inc. 65,700  1,271 
   Bank of Granite Corp. 115,692  1,270 
*^ Citizens, Inc. 189,593  1,268 
   Kohlberg Capital Corp. 121,398  1,260 
   MVC Capital, Inc. 82,200  1,253 
   Consolidated-Tomoka Land Co. 22,073  1,237 
   PremierWest Bancorp 123,439  1,236 
   Tompkins Trustco, Inc. 25,069  1,233 
^ Home Bancshares Inc. 58,399  1,219 
   Arrow Financial Corp. 54,116  1,217 
   Westwood Holdings Group, Inc. 31,626  1,192 
   Heritage Commerce Corp. 64,576  1,184 
   Donegal Group Inc. Class B 63,194  1,183 
* Beneficial Mutual Bancorp, Inc. 119,000  1,177 
   First Community Bancshares, Inc. 32,061  1,168 
   Union Bankshares Corp. 60,087  1,164 
* The Bancorp Inc. 94,803  1,145 
* PMA Capital Corp. Class A 133,797  1,143 
   OceanFirst Financial Corp. 65,072  1,138 
* Seabright Insurance Holdings, Inc. 76,943  1,133 
   German American Bancorp 88,665  1,131 
* First Regional Bancorp 68,943  1,131 
* Bridge Capital Holdings 53,330  1,131 
^ Smithtown Bancorp, Inc. 53,613  1,121 
* Community Bancorp 82,437  1,118 
   Great Southern Bancorp, Inc. 71,511  1,116 
   Republic Bancorp, Inc. Class A 59,098  1,116 
   United Community Financial Corp. 179,683  1,114 
   NewBridge Bancorp. 126,643  1,109 
^ NGP Capital Resources Co. 66,833  1,097 
   SCBT Financial Corp. 32,437  1,096 
^ U.S. Global Investors, Inc. Class A 80,300  1,087 
* Bank of Florida Corp. 104,775  1,062 
   Nelnet, Inc. 90,263  1,061 
* Diamond Hill Investment Group 13,804  1,056 
   TierOne Corp. 93,426  1,054 
   First State Bancorporation 78,591  1,052 
^ Macatawa Bank Corp. 100,147  1,043 
* Pennsylvania Commerce Bancorp, Inc. 39,532  1,038 
   West Coast Bancorp 70,245  1,025 
   Ameris Bancorp 62,969  1,011 
*^ CompuCredit Corp. 113,078  1,003 
   Meadowbrook Insurance Group, Inc. 126,564  988 
^ Enterprise Financial Services Corp. 39,527  988 
   Southside Bancshares, Inc. 40,904  985 
   First Place Financial Corp. 75,551  982 
   TriCo Bancshares 56,669  981 
   Pacific Mercantile Bancorp 101,496  968 
   First United Corp. 48,752  966 
* Essa Bancorp Inc. 81,808  961 
   Clifton Savings Bancorp, Inc. 94,702  955 
^ Seacoast Banking Corp. of Florida 87,132  954 
^ West Bancorporation 72,034  948 
* Ocwen Financial Corp. 213,466  948 
   Lakeland Financial Corp. 41,839  948 
   Abington Community Bancorp Inc. 89,836  927 
^ Sierra Bancorp 42,808  925 
   Southwest Bancorp, Inc. 52,813  925 
   Westfield Financial, Inc. 94,596  924 
   Patriot Capital Funding Inc. 87,617  917 
   City Bank Lynnwood (WA) 40,629  905 
   Heritage Financial Corp. 51,918  903 
   North Valley Bancorp 75,133  893 
   CFS Bancorp, Inc. 62,058  892 
*^ Wauwatosa Holdings, Inc. 74,911  891 
   BankAtlantic Bancorp, Inc. Class A 226,532  886 
   Kansas City Life Insurance Co. 18,429  886 
   ViewPoint Financial Group 53,438  882 
   Home Federal Bancorp (IN) 39,931  878 
   Horizon Financial Corp. 63,121  872 
   Berkshire Hills Bancorp, Inc. 34,510  869 
   United Western Bancorp. Inc. 48,251  864 
   Citizens & Northern Corp. 43,454  862 
^ PFF Bancorp, Inc. 102,795  855 
   Pzena Investment Management CL A 75,400  854 
   MBT Financial Corp. 98,828  850 
* AmCOMP, Inc. 69,370  848 
   Thomas Properties Group, Inc. 96,226  845 
   Asset Acceptance Capital Corp. 87,561  843 
   Midwest Banc Holdings, Inc. 65,404  836 
   Evercore Partners Inc. 47,000  834 
   Monmouth Real Estate Investment Corp. REIT 104,202  834 
   Imperial Capital Bancorp Inc. 38,239  827 
   Massbank Corp. 21,203  821 
   Pacific Continental Corp. 58,885  819 
   Center Bancorp, Inc. 77,113  819 
   Camden National Corp. 24,177  818 
^ ASTA Funding, Inc. 58,591  816 
   Shore Bancshares, Inc. 37,933  814 
^ Temecula Valley Bancorp, Inc. 85,653  810 
* Crawford & Co. Class B 154,014  809 
^ Vineyard National Bancorp Co. 98,981  804 
* Ameriserv Financial Inc. 280,882  803 
   Century Bancorp, Inc. Class A 39,822  800 
*^ EuroBancshares, Inc. 149,780  797 
^ BankUnited Financial Corp. 158,188  793 
^ First South Bancorp, Inc. 34,861  784 
   Grubb & Ellis Co. 113,800  782 
* Oritani Financial Corp. 51,359  779 
   Sanders Morris Harris Group Inc. 94,254  769 
* Thomas Weisel Partners Group, Inc. 115,068  762 
   Peoples Bancorp of North Carolina 56,382  761 
   Hawthorn Bancshares Inc. 27,608  759 
   Wainwright Bank & Trust Co. 61,442  758 
   Camco Financial Corp. 68,769  757 
* Dearborn Bancorp, Inc. 98,865  751 
   Urstadt Biddle Properties Class A REIT 47,407  746 
* Southcoast Financial Corp 50,725  743 
   NYMAGIC, Inc. 32,639  741 
   Irwin Financial Corp. 137,925  732 
   Home Federal Bancorp, Inc. 61,077  732 
   Merchants Bancshares, Inc. 31,813  728 
   Gladstone Investment Corp. 77,217  727 
^ United Security Bancshares, Inc. 39,227  725 
^ W Holding Co., Inc. 656,393  722 
   Millennium Bankshares Corp. 130,633  708 
   EMC Insurance Group, Inc. 26,272  706 
^ BancTrust Financial Group, Inc. 65,580  705 
   CoBiz Inc. 53,744  700 
* First Mercury Financial Corp. 40,000  696 
   Guaranty Federal Bancshares, Inc. 26,604  696 
   American National Bankshares Inc. 32,444  695 
* Encore Capital Group, Inc. 102,040  694 
   Advanta Corp. Class A 116,032  694 
^ Thornburg Mortgage, Inc. REIT 653,083  692 
   Wilshire Bancorp Inc. 89,929  687 
* Amerisafe Inc. 54,313  686 
* Rewards Network Inc. 152,124  682 
   Preferred Bank 40,712  679 
   HMN Financial, Inc. 29,374  678 
   Centrue Financial Corp. 34,673  676 
   FNB Corp. (NC) 64,377  676 
   Cadence Financial Corp. 41,958  670 
   American Land Lease, Inc. REIT 32,411  667 
   MicroFinancial Inc. 126,618  662 
*^ Harris & Harris Group, Inc. 92,678  661 
^ United Security Bancshares (CA) 39,170  658 
   Bancorp Rhode Island Inc. 18,228  657 
   Community Capital Corp. 41,644  653 
   Peapack Gladstone Financial Corp. 24,119  652 
   Greene County Bancshares 36,608  648 
   Kayne Anderson Energy Development Co. 26,000  647 
   PennantPark Investment Corp. 75,843  645 
* Darwin Professional Underwriters, Inc. 28,500  641 
* MSCI, Inc.-Class A Shares 21,401  637 
   Timberland Bancorp, Inc. 54,611  636 
* United Capital Corp. 29,188  635 
   Urstadt Biddle Properties REIT 38,700  628 
* Penson Worldwide, Inc. 67,797  626 
   Agree Realty Corp. REIT 22,621  621 
   Supertel Hospitality, Inc. REIT 116,383  617 
* Republic First Bancorp, Inc. 124,900  616 
   TIB Financial Corp. 76,007  608 
   Jefferson Bancshares, Inc. 63,688  592 
   Farmers Capital Bank Corp. 24,946  592 
   Winthrop Realty Trust Inc. REIT 143,283  590 
   Citizens South Banking Corp. 61,842  587 
   MetroCorp Bancshares, Inc. 45,568  583 
   Brooklyn Federal Bancorp 48,000  581 
   AmericanWest Bancorporation 66,472  580 
   Capital Bank Corp. 55,893  573 
   Center Financial Corp. 63,124  572 
   Southern Community Financial Corp. 79,521  569 
* FX Real Estate and Entertainment Inc. 96,342  566 
   TF Financial Corp. 23,289  565 
   American Bancorp of New Jersey, Inc. 53,382  556 
   Cogdell Spencer Inc. REIT 34,900  549 
   First Security Group Inc. 60,383  548 
   GB&T Bancshares, Inc. 63,596  547 
^ Colony Bankcorp, Inc. 39,477  546 
   Affirmative Insurance Holdings, Inc. 68,073  543 
* FBR Capital Markets Corp. 80,470  543 
* NewStar Financial, Inc. 104,519  541 
^ Security Bank Corp. 67,834  539 
   Willow Grove Bancorp, Inc. 72,968  539 
*^ Stratus Properties Inc. 18,085  533 
   State Bancorp, Inc. 45,068  532 
   One Liberty Properties, Inc. REIT 33,000  531 
   AmREIT, Inc. REIT 73,907  528 
   WSB Holdings, Inc. 96,135  527 
* Penn Treaty American Corp. 81,500  526 
   MutualFirst Financial Inc. 38,944  513 
^ K-Fed Bancorp 43,719  499 
   QC Holdings Inc. 54,699  495 
   Northern States Financial Corp. 24,645  490 
   Summit Financial Group, Inc. 34,186  485 
   National Bankshares, Inc. 27,178  484 
   Federal Agricultural Mortgage Corp. Class C 18,405  480 
   Cooperative Bankshares, Inc. 44,009  479 
   Epoch Holding Corp. 39,651  475 
   Northrim Bancorp Inc. 26,054  474 
   Rainier Pacific Financial Group Inc. 34,066  473 
^ BRT Realty Trust REIT 33,405  468 
   Capital Corp. of the West 57,611  462 
   Columbia Bancorp (OR) 26,917  460 
   Provident Financial Holdings, Inc. 28,522  457 
^ Royal Bancshares of Pennsylvania, Inc. 31,321  453 
   1st Independence Financial Group, Inc. 25,802  450 
   Cascade Financial Corp. 36,566  446 
   TICC Capital Corporation 58,661  441 
   Advanta Corp. Class B 62,102  437 
   Atlantic Coast Federal Corp. 44,532  436 
   Fidelity Southern Corp. 51,301  431 
*^ Ladenburg Thalmann Financial Services, Inc. 227,685  426 
   Gateway Financial Holdings, Inc. 40,010  424 
   Highland Distressed Opportunities, Inc. 60,376  422 
   Bank of Marin Bancorp 14,004  420 
   Meta Financial Group, Inc. 24,004  416 
   Pulaski Financial Corp. 39,327  416 
   Medallion Financial Corp. 45,841  414 
* HouseValues, Inc. 172,707  408 
* ZipRealty, Inc. 75,182  394 
^ Rockville Financial, Inc. 28,533  391 
   Bryn Mawr Bank Corp. 17,992  391 
   21st Century Holding Co. 29,889  383 
* Ocean Shore Holding Co. 38,065  373 
^ NASB Financial Inc. 14,111  370 
   Yadkin Valley Bank and Trust Co. 28,886  365 
* Specialty Underwriters' Alliance, Inc. 85,693  365 
   Independence Holding Co. 29,549  352 
   ESB Financial Corp. 35,446  352 
* Marlin Business Services Inc. 46,117  348 
   Taylor Capital Group, Inc. 21,167  348 
   Mercer Insurance Group, Inc. 19,856  345 
   Firstbank Corp. 25,222  339 
   PAB Bankshares, Inc. 24,652  339 
   Mercantile Bank Corp. 32,718  338 
*^ Sun American Bancorp 84,247  337 
* Franklin Bank Corp. 111,212  337 
*^ Credit Acceptance Corp. 21,647  336 
* International Assets Holding Corp. 13,302  332 
* Broadpoint Securities Group 177,048  324 
* Wilshire Enterprises, Inc. 109,216  323 
^ Life Partners Holdings 17,380  321 
* Meruelo Maddux Properties Inc. 125,974  320 
   Eagle Bancorp, Inc. 24,333  318 
   Legacy Bancorp, Inc. 22,485  314 
   UMH Properties, Inc. REIT 30,906  308 
* First Acceptance Corp. 107,066  305 
   VIST Financial Corp. 16,812  302 
^ Centerstate Banks of Florida 23,208  297 
   Intervest Bancshares Corp. 30,839  296 
* Reis, Inc. 54,774  293 
   Ames National Corp. 14,657  292 
   United Financial Bancorp, Inc. 26,209  290 
* Central Jersy Bancorp 36,843  286 
   American River Bankshares 17,416  283 
* FirstCity Financial Corp. 44,722  282 
   Citizens First Bancorp, Inc. 26,096  281 
*^ Clayton Holdings, Inc. 59,739  277 
*^ Fremont General Corp. 517,933  259 
* Nicholas Financial Inc. 41,100  254 
* Danvers Bancorp, Inc. 25,200  253 
* HFF Inc. Class A 49,964  250 
   Gladstone Commercial Corp. REIT 15,954  248 
   Pamrapo Bancorp, Inc. 16,095  245 
   PMC Commercial Trust REIT 34,704  245 
* Consumer Portfolio Services, Inc. 85,663  243 
*^ Triad Guaranty, Inc. 48,411  242 
   Roma Financial Corp. 16,234  242 
   Princeton National Bancorp, Inc. 8,084  240 
   Alliance financial Corp. 9,555  239 
   Presidential Realty Corp. REIT 46,000  230 
   Federal Agricultural Mortgage Corp. Class A 12,788  216 
   Middleburg Financial Corp. 9,388  216 
   HCP, Inc. REIT 6,132  207 
   Riverview Bancorp Inc. 20,307  203 
   Washington Banking Co. 12,471  197 
   Prudential Bancorp, Inc. of Pennsylvania 15,408  190 
* Cowen Group, Inc. 26,574  188 
   First Defiance Financial Corp. 10,055  185 
   Donegal Group Inc. Class A 9,976  174 
   Beverly Hills Bancorp Inc. 64,932  164 
   Penns Woods Bancorp, Inc. 4,866  161 
   Heritage Financial Group 12,943  155 
* United PanAm Financial Corp. 42,206  154 
   Universal Insurance Holdings, INC. 38,300  145 
   Brooke Corp. 44,323  144 
* American Physicians Service Group, Inc. 6,884  135 
   Feldman Mall Properties, Inc. REIT 48,975  127 
   Investors Capital Holdings, Ltd. 25,100  122 
   Peoples Community Bancorp 28,820  115 
* National Atlantic Holdings Corp 18,075  107 
   IBT Bancorp, Inc. 3,548  106 
   Tortoise Capital Resources Corp. 6,700  85 
* Mercantile Bancorp, Inc 4,250  77 
* Ares Capital Corp. Rights Exp. 4/21/08 114,760  64 
   Eastern Insurance Holdings, Inc. 4,401  64 
*^ Cash Systems, Inc. 119,011  62 
* First Citizens Banc Corp. 3,600  53 
   Hampton Roads Bankshares, Inc. 4,050  50 
* MCG Capital Corp. Rights Exp. 4/18/08 44,579  48 
* Encore Bancshares, Inc. 2,426  42 
   Commonwealth Bankshares, Inc. 2,302  39 
   Parkvale Financial Corp. 1,399  38 
* Gladstone Investment Corp. Rights Exp. 4/12/08 25,172  17 
* AMV Liquidating Trust 94,702  11 
* FX Real Estate and Entertainment, Inc. Rights Exp. 4/11/08 40,483 
* Malan Realty Investors, Inc. REIT 49,200 

        2,346,757 

   Health Care (12.6%)
* Genentech, Inc. 2,197,652  178,405 
* Intuitive Surgical, Inc. 183,223  59,428 
* Hologic, Inc. 606,014  33,694 
   DENTSPLY International Inc. 715,848  27,632 
* Covance, Inc. 304,285  25,247 
* Henry Schein, Inc. 426,796  24,498 
* DaVita, Inc. 509,440  24,331 
* Millennium Pharmaceuticals, Inc. 1,540,768  23,820 
   Pharmaceutical Product Development, Inc. 498,673  20,894 
* Cephalon, Inc. 320,973  20,671 
* Illumina, Inc. 263,434  19,995 
   Beckman Coulter, Inc. 299,081  19,306 
* Charles River Laboratories, Inc. 323,751  19,082 
* Invitrogen Corp. 219,451  18,756 
* BioMarin Pharmaceutical Inc. 462,241  16,349 
* Health Net Inc. 525,396  16,182 
*^ Amylin Pharmaceuticals, Inc. 546,310  15,958 
* ResMed Inc. 368,893  15,560 
* Pediatrix Medical Group, Inc. 230,698  15,549 
* Community Health Systems, Inc. 458,284  15,385 
* Endo Pharmaceuticals Holdings, Inc. 640,853  15,342 
* Vertex Pharmaceuticals, Inc. 631,275  15,081 
* IDEXX Laboratories Corp. 289,382  14,255 
   Hillenbrand Industries, Inc. 295,767  14,138 
   Perrigo Co. 370,589  13,982 
   Universal Health Services Class B 245,453  13,178 
* Techne Corp. 185,124  12,470 
* Gen-Probe Inc. 256,446  12,361 
* ImClone Systems, Inc. 284,578  12,072 
* Edwards Lifesciences Corp. 270,507  12,051 
* Kinetic Concepts, Inc. 257,656  11,911 
* Cerner Corp. 316,776  11,809 
* VCA Antech, Inc. 401,865  10,991 
* Alexion Pharmaceuticals, Inc. 180,817  10,722 
* Inverness Medical Innovations, Inc. 353,196  10,631 
   Omnicare, Inc. 579,982  10,532 
* Sepracor Inc. 533,728  10,418 
* OSI Pharmaceuticals, Inc. 271,441  10,149 
* Lincare Holdings, Inc. 347,174  9,759 
* United Therapeutics Corp. 105,987  9,189 
* Psychiatric Solutions, Inc. 262,010  8,887 
* Varian, Inc. 144,049  8,343 
* HLTH Corp. 870,692  8,306 
*^ Myriad Genetics, Inc. 206,071  8,303 
   STERIS Corp. 294,543  7,903 
* Bio-Rad Laboratories, Inc. Class A 88,465  7,869 
* WellCare Health Plans Inc. 199,076  7,754 
   Owens & Minor, Inc. Holding Co. 194,581  7,655 
* Onyx Pharmaceuticals, Inc. 263,313  7,644 
* Magellan Health Services, Inc. 191,044  7,583 
* LifePoint Hospitals, Inc. 269,209  7,395 
   Cooper Cos., Inc. 213,478  7,350 
* Haemonetics Corp. 121,534  7,241 
* Immucor Inc. 333,411  7,115 
* PAREXEL International Corp. 266,914  6,966 
* AMERIGROUP Corp. 254,407  6,953 
* Dionex Corp. 88,096  6,783 
   West Pharmaceutical Services, Inc. 152,818  6,759 
*^ HealthSouth Corp. 376,308  6,695 
* Cepheid, Inc. 265,530  6,476 
   Meridian Bioscience Inc. 190,780  6,378 
*^ Isis Pharmaceuticals, Inc. 441,535  6,230 
* LifeCell Corp. 146,301  6,149 
* Health Management Associates Class A 1,157,758  6,125 
* Healthways, Inc. 170,434  6,023 
* PDL BioPharma Inc. 555,538  5,883 
*^ Advanced Medical Optics, Inc. 288,729  5,861 
* Nuvasive, Inc. 167,962  5,796 
* Affymetrix, Inc. 329,128  5,730 
* Regeneron Pharmaceuticals, Inc. 297,894  5,717 
* Alkermes, Inc. 474,875  5,642 
*^ Valeant Pharmaceuticals International 434,184  5,571 
* Alpharma, Inc. Class A 209,503  5,491 
* Medarex, Inc. 607,171  5,373 
   Medicis Pharmaceutical Corp. 268,254  5,282 
* PSS World Medical, Inc. 307,786  5,128 
* The Medicines Co. 247,395  4,997 
* Amedisys Inc. 125,617  4,942 
* Cubist Pharmaceuticals, Inc. 267,624  4,930 
*^ American Medical Systems Holdings, Inc. 344,719  4,892 
   Chemed Corp. 114,441  4,829 
* Martek Biosciences Corp. 155,950  4,767 
* Sunrise Senior Living, Inc. 213,150  4,749 
* K-V Pharmaceutical Co. Class A 179,749  4,487 
* Auxilium Pharmaceuticals, Inc. 166,630  4,456 
* inVentiv Health, Inc. 154,141  4,441 
* Eclipsys Corp. 225,415  4,420 
   Brookdale Senior Living Inc. 184,041  4,399 
* HealthExtras, Inc. 176,653  4,388 
   Analogic Corp. 63,787  4,244 
* Incyte Corp. 403,062  4,236 
*^ ArthroCare Corp. 126,277  4,211 
* Savient Pharmaceuticals Inc. 209,663  4,193 
* Wright Medical Group, Inc. 173,659  4,192 
   Mentor Corp. 160,173  4,120 
* Apria Healthcare Group Inc. 208,510  4,118 
*^ Integra LifeSciences Holdings 88,094  3,829 
*^ Alnylam Pharmaceuticals Inc. 155,613  3,797 
* Human Genome Sciences, Inc. 643,639  3,791 
* Bruker BioSciences Corp. 240,509  3,701 
* Thoratec Corp. 258,086  3,688 
* Xenoport Inc. 90,618  3,667 
* Align Technology, Inc. 328,502  3,650 
* AmSurg Corp. 149,414  3,538 
* CONMED Corp. 136,479  3,499 
* Exelixis, Inc. 501,319  3,484 
* Phase Forward Inc. 202,039  3,451 
* Luminex Corp. 174,467  3,428 
   Invacare Corp. 152,465  3,397 
* The TriZetto Group, Inc. 203,481  3,396 
* Healthspring, Inc. 238,602  3,360 
* Sciele Pharma, Inc. 171,790  3,350 
* Omnicell, Inc. 164,429  3,305 
* Rigel Pharmaceuticals, Inc. 173,552  3,238 
* Kindred Healthcare, Inc. 142,561  3,118 
* Nektar Therapeutics 441,094  3,061 
*^ SurModics, Inc. 72,882  3,052 
* HMS Holdings Corp. 104,520  2,984 
* ViroPharma Inc. 333,331  2,980 
* Gentiva Health Services, Inc. 133,459  2,904 
* Centene Corp. 207,704  2,895 
* AMAG Pharmaceuticals, Inc. 71,213  2,879 
* Par Pharmaceutical Cos. Inc. 163,909  2,850 
* Allscripts Healthcare Solutions, Inc. 271,888  2,806 
* Symmetry Medical Inc. 168,906  2,804 
* Kendle International Inc. 61,157  2,747 
* Zoll Medical Corp. 98,518  2,620 
* Conceptus, Inc. 140,969  2,616 
   Datascope Corp. 61,892  2,564 
* eResearch Technology, Inc. 199,303  2,475 
* Universal American Corp. 232,909  2,469 
* Air Methods Corp. 50,982  2,466 
* Seattle Genetics, Inc. 269,872  2,456 
* Merit Medical Systems, Inc. 153,587  2,431 
* AMN Healthcare Services, Inc. 156,685  2,416 
* Abaxis, Inc. 103,916  2,408 
* Arena Pharmaceuticals, Inc. 350,677  2,399 
* RTI Biologics, Inc. 253,071  2,392 
* Halozyme Therapeutics Inc. 373,088  2,373 
   Vital Signs, Inc. 46,700  2,365 
* Durect Corp. 449,869  2,362 
* Acorda Therapeutics Inc. 130,920  2,350 
* PharMerica Corp. 140,410  2,327 
* Matria Healthcare, Inc. 103,009  2,297 
* SonoSite, Inc. 80,069  2,276 
* Pharmanet Development Group, Inc. 90,123  2,274 
* Theravance, Inc. 215,505  2,269 
* Emeritus Corp. 108,443  2,262 
*^ ABIOMED, Inc. 167,496  2,201 
* Quidel Corp. 136,854  2,198 
* Vivus, Inc. 361,081  2,177 
* Third Wave Technologies 234,750  2,164 
*^ InterMune Inc. 144,928  2,113 
* ICU Medical, Inc. 73,422  2,112 
* Sun Healthcare Group Inc. 159,212  2,092 
* Res-Care, Inc. 120,778  2,071 
* Kensey Nash Corp. 70,196  2,032 
* CV Therapeutics, Inc. 284,840  2,031 
* Greatbatch, Inc. 109,102  2,009 
* Cyberonics, Inc. 136,510  1,979 
*^ Enzon Pharmaceuticals, Inc. 214,811  1,978 
   Ligand Pharmaceuticals Inc. Class B 494,252  1,977 
*^ Dendreon Corp. 406,769  1,961 
*^ Abraxis BioScience 31,720  1,874 
* OraSure Technologies, Inc. 253,074  1,850 
* Chindex International, Inc. 49,005  1,849 
* Albany Molecular Research, Inc. 148,220  1,799 
   Landauer, Inc. 34,151  1,719 
* CorVel Corp. 55,521  1,698 
*^ Sangamo BioSciences, Inc. 166,011  1,687 
* Odyssey Healthcare, Inc. 186,103  1,675 
* Providence Service Corp. 55,806  1,674 
*^ Zymogenetics, Inc. 170,422  1,670 
*^ Molina Healthcare Inc. 68,351  1,669 
* Dyax Corp. 353,484  1,665 
* XOMA Ltd. 627,769  1,626 
*^ Geron Corp. 327,949  1,600 
* APP Pharmaceuticals, Inc. 131,861  1,593 
*^ Assisted Living Concepts Inc. 269,228  1,586 
* VNUS Medical Technologies, Inc. 86,993  1,582 
*^ Pozen Inc. 152,438  1,579 
* Spectranetics Corp. 186,153  1,556 
*^ Medivation Inc. 109,054  1,552 
*^ Accuray Inc. 198,694  1,552 
* Medical Action Industries Inc. 94,330  1,550 
*^ Discovery Laboratories, Inc. 655,238  1,540 
* Adolor Corp. 331,627  1,516 
* IRIS International, Inc. 113,507  1,506 
* Indevus Pharmaceuticals, Inc. 315,214  1,504 
* Cross Country Healthcare, Inc. 120,961  1,496 
* Salix Pharmaceuticals, Ltd. 236,676  1,486 
* CryoLife Inc. 156,870  1,475 
* BioScrip Inc. 217,899  1,473 
*^ GTx, Inc. 91,520  1,472 
*^ Encysive Pharmaceuticals, Inc. 625,174  1,469 
* Momenta Pharmaceuticals, Inc. 134,252  1,467 
* RehabCare Group, Inc. 96,492  1,447 
* Bio-Reference Laboratories, Inc. 54,755  1,447 
* Natus Medical Inc. 79,715  1,447 
* Cypress Bioscience, Inc. 201,345  1,442 
* Allos Therapeutics Inc. 229,880  1,398 
*^ Immunomedics Inc. 497,174  1,397 
* I-Flow Corp. 98,878  1,387 
* Palomar Medical Technologies, Inc. 89,709  1,355 
*^ ev3 Inc. 166,036  1,352 
* Array BioPharma Inc. 191,114  1,340 
* Masimo Corp. 51,500  1,339 
* Cerus Corp. 228,136  1,316 
* US Physical Therapy, Inc. 91,206  1,315 
   National Healthcare Corp. 26,784  1,304 
* Noven Pharmaceuticals, Inc. 143,893  1,292 
* Hanger Orthopedic Group, Inc. 119,610  1,289 
* Neogen Corp. 51,090  1,282 
* Collagenex Pharmaceuticals, Inc. 76,052  1,260 
*^ MannKind Corp. 210,659  1,258 
* Volcano Corp. 99,700  1,246 
*^ Acadia Pharmaceuticals Inc. 135,292  1,226 
^ LCA-Vision Inc. 97,243  1,216 
* Skilled Healthcare Group Inc. 109,574  1,203 
*^ NPS Pharmaceuticals Inc. 308,034  1,201 
* Nabi Biopharmaceuticals 289,959  1,166 
* LHC Group Inc. 68,835  1,156 
*^ Pain Therapeutics, Inc. 135,662  1,146 
* RadNet, Inc. 160,705  1,131 
* MWI Veterinary Supply Inc. 31,625  1,115 
* Maxygen Inc. 172,388  1,114 
* Five Star Quality Care, Inc. 173,894  1,104 
* Enzo Biochem, Inc. 121,431  1,104 
*^ Vital Images, Inc. 73,868  1,095 
* Repligen Corp. 226,701  1,093 
*^ GenVec, Inc. 613,189  1,079 
* Bentley Pharmaceuticals, Inc. 63,970  1,040 
* Inspire Pharmaceuticals, Inc. 268,861  1,035 
* Monogram Biosciences, Inc. 970,832  1,029 
* Lexicon Pharmaceuticals Inc. 499,536  1,009 
* Caraco Pharmaceutical Laboratories, Ltd. 56,200  1,009 
* Orthovita, Inc. 390,740  1,008 
* Accelrys Inc. 185,618  1,004 
*^ Alfacell Corp. 420,076  1,000 
* Akorn, Inc. 203,940  965 
   Computer Programs and Systems, Inc. 45,825  958 
   Cambrex Corp. 137,963  956 
* Curis, Inc. 681,467  954 
*^ Idenix Pharmaceuticals Inc. 189,343  951 
*^ Stereotaxis Inc. 159,906  947 
*^ Repros Therapeutics, Inc. 96,499  944 
* ImmunoGen, Inc. 261,924  938 
   Psychemedics Corp. 52,503  935 
*^ Trimeris, Inc. 142,433  929 
* E-Z-EM, Inc. 43,568  914 
* Harvard Bioscience, Inc. 180,313  902 
* Angiodynamics, Inc. 77,612  897 
* ARIAD Pharmaceuticals, Inc. 263,612  888 
*^ Telik, Inc. 353,430  862 
* Micrus Endovascular Corp. 69,523  859 
* Alliance Imaging, Inc. 99,471  855 
*^ Cell Genesys, Inc. 362,951  853 
* Exact Sciences Corp. 291,960  850 
*^ Columbia Laboratories Inc. 398,343  848 
* SuperGen, Inc. 337,412  847 
* MedCath Corp. 46,448  845 
*^ ArQule, Inc. 197,012  843 
* Matrixx Initiatives, Inc. 57,058  835 
* Life Sciences Research, Inc. 29,711  832 
* AtriCure, Inc. 64,202  818 
* Theragenics Corp. 206,061  812 
*^ Genomic Health, Inc. 42,935  811 
* Somanetics Corp. 52,042  810 
*^ Questcor Pharmaceuticals, Inc. 196,000  808 
* AspenBio Pharma, Inc. 138,637  801 
*^ Hansen Medical Inc. 56,600  796 
*^ BioCryst Pharmaceuticals, Inc. 172,343  795 
*^ DepoMed, Inc. 229,329  780 
* Nighthawk Radiology Holdings, Inc. 81,366  762 
* Synovis Life Technologies, Inc. 48,300  757 
* Cardiac Science Corp. 90,574  756 
* Medtox Scientific, Inc. 57,254  755 
* Icad Inc. 305,341  751 
*^ Corcept Therapeutics Inc. 232,993  750 
*^ CombiMatrix Corp. 78,624  748 
* National Dentex Corp. 57,327  739 
* Osteotech, Inc. 155,219  737 
* Amicas, Inc. 326,228  734 
*^ StemCells, Inc. 466,378  732 
* Omrix Biopharmaceuticals, Inc. 52,237  731 
* Senomyx, Inc. 123,534  729 
* Dexcom Inc. 175,714  727 
*^ Idera Pharmaceuticals, Inc. 71,491  716 
*^ Poniard Pharmaceuticals, Inc. 213,363  715 
* Heska Corp. 447,038  711 
* Titan Pharmaceuticals, Inc. 469,610  709 
* Minrad International, Inc. 300,407  706 
* Optimer Pharmaceuticals Inc. 113,964  703 
* Caliper Life Sciences, Inc. 187,420  703 
*^ Emergency Medical Services LP Class A 28,410  701 
*^ Javelin Pharmaceuticals, Inc. 249,429  701 
* Insulet Corp. 47,984  691 
* Health Grades, Inc 130,226  688 
* Anika Resh Inc. 81,043  687 
* Sequenom, Inc. 103,964  676 
* ThermoGenesis Corp. 413,055  673 
* Exactech, Inc. 26,624  671 
* Clinical Data, Inc. 36,149  668 
* SciClone Pharmaceuticals, Inc. 348,714  659 
*^ SIGA Technologies, Inc. 286,057  658 
* Sonic Innovations, Inc. 135,229  653 
* Digirad Corp. 231,278  652 
*^ Antigenics, Inc. 275,114  649 
* Pharmacopeia Drug Discovery Inc. 174,392  642 
^ Cytrx Corp. 557,813  641 
*^ Insmed Inc. 940,341  639 
* Metabolix Inc. 58,275  638 
* Progenics Pharmaceuticals, Inc. 96,462  630 
* Cutera, Inc. 45,941  619 
*^ Peregrine Pharmaceuticals, Inc. 1,308,631  615 
* PhotoMedex, Inc. 668,212  608 
* Tercica, Inc. 105,820  606 
* Novavax, Inc. 225,626  600 
* Genoptix, Inc. 23,546  589 
*^ Osiris Therapeutics, Inc. 46,604  586 
* Endologix, Inc. 195,978  586 
* PDI, Inc. 69,215  583 
*^ Clarient, Inc. 402,132  575 
* Capital Senior Living Corp. 70,313  566 
* Medical Staffing Network Holdings, Inc. 120,681  565 
* I-trax, Inc. 104,969  562 
* Vanda Parmaceuticals, Inc. 143,702  556 
* BioSphere Medical Inc. 120,616  554 
* NMT Medical, Inc. 141,599  549 
* Allion Healthcare Inc. 132,942  549 
*^ Opko Health, Inc. 259,568  540 
* Cantel Medical Corp. 50,650  538 
* Vascular Solutions, Inc. 86,337  529 
* MiddleBrook Pharmaceuticals Inc. 131,016  525 
* Hi-Tech Pharmacal Co., Inc. 58,045  525 
* Avigen, Inc. 188,038  525 
* Cytokinetics, Inc. 148,963  495 
* Bioanalytical Systems, Inc. 84,196  493 
* Renovis, Inc. 207,252  489 
* Biomimetic Therapeutics, Inc. 61,118  489 
* Neurocrine Biosciences, Inc. 89,943  486 
* Dialysis Corp. of America 65,850  480 
*^ Avanir Pharmaceuticals Class A 478,598  479 
*^ Aspect Medical Systems, Inc. 77,725  474 
* Emageon Inc. 206,363  473 
* MedAssets, Inc. 31,600  468 
* National Medical Health Card Systems, Inc. 44,989  458 
* American Dental Partners, Inc. 47,339  458 
* Animal Health International, Inc. 41,395  453 
* Cynosure Inc. 21,100  449 
*^ BioLase Technology, Inc. 143,702  444 
* Nuvelo, Inc. 621,675  441 
* Mediware Information Systems, Inc. 77,003  441 
*^ Rochester Medical Corp. 42,755  436 
* Almost Family Inc. 20,922  417 
*^ ATS Medical, Inc. 294,520  415 
*^ AVI BioPharma, Inc. 223,627  411 
* HealthTronics Surgical Services, Inc. 123,464  400 
*^ Santarus Inc. 154,651  397 
* Lipid Sciences, Inc. 389,300  397 
* SRI/Surgical Express, Inc. 91,061  392 
*^ AthenaHealth Inc. 16,200  383 
* La Jolla Pharmaceutical Co. 190,868  376 
* TomoTherapy, Inc. 26,200  376 
* Rural/Metro Corp. 161,313  376 
* DUSA Pharmaceuticals, Inc. 149,400  375 
* America Service Group Inc. 61,552  373 
* Sunlink Health Systems, Inc. 59,100  372 
* STAAR Surgical Co. 144,410  371 
   Young Innovations, Inc. 21,351  370 
*^ Altus Pharmaceuticals, Inc. 80,002  364 
*^ Bionovo Inc. 282,279  358 
*^ Neurometrix Inc. 196,723  358 
*^ NxStage Medical, Inc. 82,567  357 
* Encorium Group, Inc. 182,215  355 
* Orchid Cellmark, Inc. 124,435  355 
*^ Genelabs Technologies, Inc. 395,506  352 
* Bovie Medical Corp. 54,410  348 
* EPIX Pharmaceuticals Inc. 240,785  344 
* SenoRx, Inc. 53,041  342 
*^ Aastrom Biosciences, Inc. 838,008  335 
*^ Nastech Pharmaceutical Co., Inc. 141,475  332 
* Anadys Pharmaceuticals Inc. 213,903  325 
* Spectrum Pharmaceuticals Inc. 127,560  323 
* Penwest Pharmaceuticals Co. 123,983  322 
* Novamed, Inc. 84,812  321 
* Cyclacel Pharmaceuticals Inc. 105,191  313 
* LeMaitre Vascular Inc. 95,442  310 
* Kosan Biosciences, Inc. 196,167  308 
* Vical, Inc. 86,572  305 
* Memory Pharmaceuticals Corp. 607,078  304 
*^ Emisphere Technologies, Inc. 180,094  301 
*^ Chelsea Therapeutics International, Ltd. 59,319  297 
* Escalon Medical Corp. 91,117  295 
* CuraGen Corp. 367,107  294 
*^ Molecular Insight Pharmaceuticals, Inc. 42,133  285 
* Panacos Pharmaceuticals Inc. 401,337  281 
*^ RXi Pharmaceuticals Corp. 29,555  281 
* Oxigene, Inc. 151,876  276 
* Orthologic Corp. 323,787  275 
*^ Hythiam Inc. 226,886  275 
* Jazz Pharmaceuticals Inc. 30,306  273 
   Atrion Corp. 2,752  273 
   National Research Corp. 10,540  273 
* Candela Corp. 78,168  266 
* Barrier Therapeutics Inc. 75,536  258 
* Obagi Medical Products, Inc. 29,555  257 
* Inhibitex Inc. 326,688  255 
*^ Northfield Laboratories, Inc. 251,618  249 
*^ Oscient Pharmaceuticals Corp. 140,918  245 
* AP Pharma, Inc. 195,632  245 
* Neurogen Corp. 130,996  244 
* Metabasis Therapeutics, Inc. 115,061  237 
*^ Introgen Therapeutics, Inc. 75,088  234 
*^ GTC Biotherapeutics, Inc. 455,051  232 
*^ EntreMed, Inc. 330,654  228 
* AVANT Immunotherapeutics, Inc. 23,280  228 
* The Quigley Corp. 43,797  225 
* Alexza Pharmaceuticals, Inc. 32,051  221 
*^ Cell Therapeutics, Inc. 326,650  216 
*^ Ardea Biosciences, Inc. 16,301  212 
*^ Synta Pharmaceuticals Corp. 25,839  209 
* Home Diagnostics Inc. 29,900  208 
* Orexigen Therapeutics Inc. 20,200  208 
*^ Epicept Corp. 389,506  206 
* Icagen, Inc. 128,034  206 
*^ AtheroGenics, Inc. 257,560  206 
* Combinatorx, Inc. 58,478  201 
*^ Arcadia Resources, Inc. 229,920  198 
*^ Ista Pharmaceuticals Inc. 102,430  198 
* Dynavax Technologies Corp. 100,492  197 
*^ Synergetics USA, Inc. 90,774  195 
*^ Targeted Genetics Corp. 195,595  194 
* Alphatec Holdings, Inc. 38,024  191 
* Hooper Holmes, Inc. 293,488  191 
* Hollis-Eden Pharmaceuticals, Inc. 107,128  187 
* Urologix, Inc. 212,418  176 
*^ Continucare Corp. 68,148  170 
* Merge Healthcare Inc. 297,703  167 
*^ Proxymed Pharmacy, Inc. 140,091  167 
*^ Fonar Corp. 43,715  167 
* Allied Healthcare International Inc. 103,259  165 
* Iridex Corp. 101,167  161 
*^ Nutrition 21 Inc. 360,490  159 
* TorreyPines Therapeutics Inc. 114,941  157 
* Neurobiological Technolgoies, Inc. 59,865  156 
* ADVENTRX Pharmaceuticals, Inc. 287,844  155 
*^ Nanogen, Inc. 349,227  154 
* SCOLR Pharma Inc. 126,866  154 
*^ Insite Vision, Inc. 240,685  152 
*^ Hemispherx Biopharma, Inc. 212,892  151 
* Cadence Pharmaceuticals, Inc. 25,200  150 
* Cortex Pharmaceuticals, Inc. 202,102  150 
*^ Trubion Pharmaceuticals, Inc. 15,378  145 
* Trans1, Inc. 12,137  141 
* CardioDynamics International Corp. 543,733  136 
* Vermillion, Inc. 41,021  131 
* NeoPharm, Inc. 228,750  128 
* Keryx Biopharmaceuticals, Inc. 211,500  127 
*^ Accentia Biopharmaceuticals Inc. 109,662  122 
* Acusphere, Inc. 235,221  113 
* Affymax Inc. 8,000  113 
* Transcend Services, Inc. 12,115  110 
* Genaera Corp. 59,900  101 
* Cytori Therapeutics, Inc. 20,662  99 
* Cytogen Corp. 170,449  97 
*^ Threshold Pharmaceuticals, Inc. 229,255  89 
* Pharmacyclics, Inc. 116,279  87 
*^ United American Healthcare Corp. 30,666  86 
*^ BioSante Pharmaceuticals, Inc. 18,816  86 
*^ Vion Pharmaceuticals, Inc. 55,255  82 
*^ Critical Therapeutics, Inc. 117,479  82 
*^ Hana Biosciences, Inc. 86,495  80 
*^ NationsHealth, Inc. 264,893  77 
* Immtech Pharmaceuticals Inc. 91,399  75 
* Interleukin Genetics, Inc. 51,500  75 
* Infinity Pharmaceuticals, Inc. 11,533  70 
* Retractable Technologies, Inc. 39,406  66 
* Northstar Neuroscience, Inc. 40,520  64 
   Utah Medical Products, Inc. 2,100  62 
* ULURU Inc. 27,614  62 
* Pharmasset, Inc. 3,400  61 
* North American Scientific, Inc. 179,866  61 
* SONUS Pharmaceuticals, Inc. 164,938  59 
* NexMed, Inc. 41,156  55 
*^ Isolagen Inc. 92,000  48 
* CardioTech International, Inc. 86,454  47 
* Biopure Corp. 92,129  46 
* Sirtis Pharmaceuticals Inc. 3,300  43 
*^ Genta Inc. 107,225  42 
* Rotech Healthcare Inc. 139,086  40 
*^ Paincare Holdings Inc. 559,644  36 
* Neose Technologies, Inc. 129,014  36 
* Metropolitan Health Networks Inc. 15,300  34 
* Favrille, Inc. 20,695  33 
* Palatin Technologies, Inc. 118,190  32 
* Ore Pharmaceuticals Inc. 55,296  30 
*^ Interpharm Holdings, Inc. 108,837  28 
* Somaxon Pharmaceuticals, Inc. 5,809  28 
* Inovio Biomedical Corp. 26,005  25 
* Zila, Inc. 147,526  25 
* Immunicon Corp. 82,922  25 
* Sunesis Pharmaceuticals, Inc. 15,915  25 
* Cytomedix, Inc. 21,700  15 
*^ Dyadic International Inc. 45,200  15 
* Q-Med, Inc. 131,149  14 
*^ Genitope Corp. 49,084  12 
* IVAX Diagnostics, Inc. 27,208  12 
* Synvista Therapuetics Inc. 522 
* NitroMed, Inc. 1,040 

        1,581,355 

   Industrials (15.3%)
* McDermott International, Inc. 1,072,480  58,793 
* First Solar, Inc. 171,493  39,639 
* Foster Wheeler Ltd. 684,426  38,752 
   Joy Global Inc. 514,709  33,538 
   Flowserve Corp. 272,458  28,439 
   Fastenal Co. 594,445  27,303 
   SPX Corp. 252,422  26,479 
* AGCO Corp. 436,406  26,132 
   Roper Industries Inc. 423,554  25,176 
   KBR Inc. 807,249  22,385 
   Ametek, Inc. 508,663  22,335 
   Harsco Corp. 401,240  22,221 
   Republic Services, Inc. Class A 747,754  21,864 
   The Dun & Bradstreet Corp. 268,615  21,860 
* Stericycle, Inc. 414,994  21,372 
   Manpower Inc. 378,018  21,267 
* Quanta Services, Inc. 814,800  18,879 
* Shaw Group, Inc. 387,612  18,272 
   Bucyrus International, Inc. 178,376  18,132 
* FTI Consulting, Inc. 233,194  16,566 
* Corrections Corp. of America 592,684  16,311 
* Alliant Techsystems, Inc. 156,073  16,158 
* Covanta Holding Corp. 572,872  15,754 
* BE Aerospace, Inc. 441,850  15,443 
   The Brink's Co. 229,683  15,430 
* ChoicePoint Inc. 321,867  15,321 
   Pentair, Inc. 471,211  15,032 
* General Cable Corp. 250,608  14,803 
* Kansas City Southern 366,986  14,720 
* Kirby Corp. 255,502  14,564 
*^ USG Corp. 383,201  14,109 
   The Timken Co. 457,775  13,605 
   Donaldson Co., Inc. 334,225  13,463 
   Lincoln Electric Holdings, Inc. 203,947  13,153 
   Landstar System, Inc. 249,257  13,001 
* URS Corp. 394,476  12,895 
   Oshkosh Truck Corp. 353,827  12,837 
   J.B. Hunt Transport Services, Inc. 408,235  12,831 
* Copart, Inc. 330,691  12,818 
   UAL Corp. 562,488  12,110 
   IDEX Corp. 389,375  11,950 
   Hubbell Inc. Class B 269,728  11,784 
   DRS Technologies, Inc. 196,432  11,448 
   Watson Wyatt & Co. Holdings 200,709  11,390 
   Kennametal, Inc. 366,046  10,773 
* AMR Corp. 1,187,576  10,712 
   Con-way, Inc. 215,603  10,668 
   Graco, Inc. 291,230  10,560 
   Lennox International Inc. 287,297  10,334 
   Trinity Industries, Inc. 386,669  10,305 
* Northwest Airlines Corp. 1,121,387  10,081 
   Crane Co. 244,368  9,860 
*^ SunPower Corp. Class A 132,251  9,854 
* Waste Connections, Inc. 318,590  9,793 
* IHS Inc. Class A 151,524  9,745 
^ UAP Holding Corp. 250,633  9,609 
   MSC Industrial Direct Co., Inc. Class A 226,829  9,584 
   Carlisle Co., Inc. 285,398  9,544 
* Delta Air Lines Inc. 1,099,542  9,456 
* Gardner Denver Inc. 251,811  9,342 
* Continental Airlines, Inc. Class B 467,682  8,994 
   GATX Corp. 227,523  8,889 
   Teleflex Inc. 185,883  8,868 
* Thomas & Betts Corp. 243,074  8,841 
   Curtiss-Wright Corp. 212,227  8,803 
   Wabtec Corp. 232,487  8,755 
* Hexcel Corp. 455,700  8,708 
   Brady Corp. Class A 259,360  8,670 
   CLARCOR Inc. 243,720  8,664 
   Acuity Brands, Inc. 200,683  8,619 
   Nordson Corp. 159,854  8,608 
* Moog Inc. 202,773  8,559 
   Alexander & Baldwin, Inc. 196,262  8,455 
*^ Owens Corning Inc. 456,715  8,280 
   Actuant Corp. 265,592  8,024 
* GrafTech International Ltd. 489,561  7,936 
* Teledyne Technologies, Inc. 167,720  7,883 
* Spirit Aerosystems Holdings Inc. 339,387  7,528 
   Woodward Governor Co. 281,408  7,519 
* WESCO International, Inc. 203,412  7,423 
   Belden Inc. 209,397  7,396 
   The Toro Co. 178,399  7,384 
   Valmont Industries, Inc. 82,502  7,251 
* Esterline Technologies Corp. 139,741  7,039 
* Geo Group Inc. 242,938  6,909 
* EMCOR Group, Inc. 309,612  6,876 
* United Rentals, Inc. 361,080  6,803 
* Orbital Sciences Corp. 277,844  6,696 
   The Corporate Executive Board Co. 164,944  6,677 
   Herman Miller, Inc. 269,043  6,610 
   Baldor Electric Co. 218,852  6,128 
   Skywest, Inc. 287,772  6,078 
* Hub Group, Inc. 180,920  5,950 
   Macquarie Infrastructure Co. LLC 201,279  5,863 
   Kaydon Corp. 132,188  5,804 
* Genesee & Wyoming Inc. Class A 168,437  5,794 
   Lindsay Manufacturing Co. 56,251  5,764 
   Mine Safety Appliances Co. 139,701  5,754 
   Eagle Bulk Shipping Inc. 223,172  5,749 
*^ Energy Conversion Devices, Inc. 190,718  5,702 
^ HNI Corp. 211,426  5,685 
   Genco Shipping and Trading Ltd. 96,800  5,462 
   Regal-Beloit Corp. 148,790  5,450 
* Tetra Tech, Inc. 278,824  5,440 
* Aecom Technology Corp. 208,650  5,427 
   Robbins & Myers, Inc. 163,770  5,347 
* United Stationers, Inc. 111,548  5,321 
* Clean Harbors Inc. 81,223  5,279 
* Avis Budget Group, Inc. 492,737  5,233 
* Hertz Global Holdings Inc. 430,271  5,189 
   Applied Industrial Technology, Inc. 172,233  5,148 
   Granite Construction Co. 156,063  5,105 
   Mueller Industries Inc. 175,962  5,077 
* The Middleby Corp. 80,386  5,015 
*^ JetBlue Airways Corp. 861,845  4,999 
   Barnes Group, Inc. 216,456  4,968 
* AAR Corp. 181,179  4,941 
* ESCO Technologies Inc. 122,980  4,885 
^ Watsco, Inc. 117,368  4,861 
   Forward Air Corp. 137,095  4,859 
^ Simpson Manufacturing Co. 178,246  4,845 
   ABM Industries Inc. 209,770  4,707 
   Deluxe Corp. 244,818  4,703 
* Perini Corp. 128,833  4,668 
* The Advisory Board Co. 84,928  4,666 
*^ American Superconductor Corp. 196,300  4,552 
   Albany International Corp. 125,790  4,546 
*^ Evergreen Solar, Inc. 489,882  4,541 
   Triumph Group, Inc. 79,759  4,541 
^ Knight Transportation, Inc. 273,495  4,502 
* PHH Corp. 258,144  4,499 
* II-VI, Inc. 114,652  4,354 
* Old Dominion Freight Line, Inc. 135,066  4,299 
   Briggs & Stratton Corp. 236,222  4,228 
   Healthcare Services Group, Inc. 204,230  4,215 
* TeleTech Holdings, Inc. 186,283  4,184 
* Ceradyne, Inc. 130,151  4,160 
* Navigant Consulting, Inc. 218,266  4,143 
   Ameron International Corp. 43,680  4,085 
* CoStar Group, Inc. 92,726  3,987 
^ Watts Water Technologies, Inc. 141,099  3,955 
   Werner Enterprises, Inc. 211,203  3,920 
   Resources Connection, Inc. 216,039  3,861 
   Heartland Express, Inc. 269,208  3,839 
   Arkansas Best Corp. 120,159  3,828 
* RBC Bearings Inc. 102,478  3,805 
*^ American Commercial Lines Inc. 239,547  3,785 
   Interface, Inc. 265,526  3,731 
* Korn/Ferry International 220,096  3,720 
* Huron Consulting Group Inc. 89,127  3,703 
   CIRCOR International, Inc. 79,556  3,679 
   Mueller Water Products, Inc. 466,004  3,672 
   Steelcase Inc. 323,621  3,579 
* Alaska Air Group, Inc. 181,756  3,566 
   Titan International, Inc. 116,159  3,556 
   Rollins, Inc. 200,909  3,554 
* Atlas Air Worldwide Holdings, Inc. 64,585  3,552 
*^ YRC Worldwide, Inc. 270,532  3,549 
* Astec Industries, Inc. 91,360  3,541 
   Viad Corp. 98,209  3,537 
* Acco Brands Corp. 258,479  3,508 
   Tennant Co. 87,725  3,492 
* US Airways Group Inc. 390,060  3,475 
   IKON Office Solutions, Inc. 446,573  3,394 
   G & K Services, Inc. Class A 95,116  3,387 
   Kaman Corp. Class A 119,489  3,380 
   A.O. Smith Corp. 102,768  3,378 
* Republic Airways Holdings Inc. 151,427  3,280 
   Armstrong Worldwide Industries, Inc. 91,782  3,273 
* EnPro Industries, Inc. 102,654  3,202 
   Federal Signal Corp. 226,665  3,164 
* Mobile Mini, Inc. 164,590  3,127 
^ Franklin Electric, Inc. 91,295  3,120 
* EnerSys 129,023  3,086 
   HEICO Corp. 63,224  3,082 
^ Badger Meter, Inc. 68,952  2,979 
* Consolidated Graphics, Inc. 52,601  2,948 
* AirTran Holdings, Inc. 439,164  2,898 
   Universal Forest Products, Inc. 89,909  2,895 
* Layne Christensen Co. 81,269  2,846 
*^ Taser International Inc. 301,103  2,830 
* TrueBlue, Inc. 209,451  2,815 
* Columbus McKinnon Corp. 90,185  2,794 
* GenCorp, Inc. 270,003  2,778 
   McGrath RentCorp 113,888  2,746 
   Pacer International, Inc. 165,503  2,719 
   Knoll, Inc. 233,401  2,693 
* Cenveo Inc. 256,620  2,684 
   Heidrick & Struggles International, Inc. 82,504  2,684 
* Superior Essex Inc. 94,423  2,655 
   Horizon Lines Inc. 141,823  2,639 
* School Specialty, Inc. 81,888  2,583 
* Interline Brands, Inc. 139,074  2,580 
   Administaff, Inc. 108,578  2,564 
* Axsys Technologies, Inc. 51,391  2,563 
* American Reprographics Co. 171,650  2,547 
* Rush Enterprises, Inc. Class A 158,427  2,509 
   Dynamic Materials Corp. 58,010  2,506 
* Ladish Co., Inc. 69,491  2,502 
   Cascade Corp. 50,488  2,490 
   Comfort Systems USA, Inc. 191,176  2,487 
* TransDigm Group, Inc. 65,576  2,430 
* CBIZ Inc. 297,480  2,416 
   American Science & Engineering, Inc. 44,175  2,411 
   Tredegar Corp. 132,157  2,407 
   Freightcar America Inc. 69,435  2,382 
* Innerworkings, Inc. 169,308  2,375 
* Kadant Inc. 80,492  2,365 
   Bowne & Co., Inc. 155,050  2,365 
* Chart Industries, Inc. 69,455  2,350 
   Raven Industries, Inc. 77,012  2,333 
* M&F Worldwide Corp. 62,160  2,324 
* NCI Building Systems, Inc. 96,034  2,324 
   Kelly Services, Inc. Class A 110,401  2,270 
* Tecumseh Products Co. Class A 73,674  2,260 
* Kenexa Corp. 121,916  2,253 
   NACCO Industries, Inc. Class A 27,396  2,217 
*^ FuelCell Energy, Inc. 330,773  2,200 
* GeoEye Inc. 84,110  2,186 
*^ Beacon Roofing Supply, Inc. 217,269  2,173 
   Apogee Enterprises, Inc. 139,673  2,151 
   Cubic Corp. 75,446  2,145 
* Team, Inc. 77,152  2,106 
* Amerco, Inc. 36,705  2,095 
   Ampco-Pittsburgh Corp. 46,731  2,009 
* Insituform Technologies Inc. Class A 144,535  1,999 
* L.B. Foster Co. Class A 45,663  1,966 
* DynCorp International Inc. Class A 117,780  1,965 
   Sun Hydraulics Corp. 65,149  1,907 
* Blount International, Inc. 153,810  1,903 
* NuCo2, Inc. 67,973  1,888 
   Ennis, Inc. 110,246  1,850 
* Exponent, Inc. 53,980  1,773 
   AAON, Inc. 87,970  1,762 
* CRA International Inc. 54,790  1,761 
   CDI Corp. 70,240  1,760 
* Spherion Corp. 282,699  1,730 
   Gorman-Rupp Co. 52,273  1,719 
   Kimball International, Inc. Class B 159,814  1,713 
   Gibraltar Industries Inc. 146,011  1,713 
*^ 3D Systems Corp. 116,028  1,704 
*^ Valence Technology Inc. 376,757  1,661 
   HEICO Corp. Class A 41,440  1,626 
* Volt Information Sciences Inc. 95,659  1,622 
* Power-One, Inc. 505,399  1,622 
   Encore Wire Corp. 87,325  1,590 
* AZZ Inc. 44,668  1,589 
* Kforce Inc. 178,487  1,578 
   Vicor Corp. 131,905  1,575 
^ The Greenbrier Cos., Inc. 58,509  1,552 
*^ Odyssey Marine Exploration, Inc. 287,012  1,547 
* Hurco Cos., Inc. 31,971  1,496 
   American Ecology Corp. 56,599  1,434 
   Wabash National Corp. 159,185  1,431 
* Lydall, Inc. 124,967  1,431 
* Furmanite Corp. 167,994  1,428 
   Standex International Corp. 63,539  1,419 
* Dollar Thrifty Automotive Group, Inc. 103,826  1,416 
* Northwest Pipe Co. 33,205  1,411 
   TAL International Group, Inc. 58,400  1,376 
* Casella Waste Systems, Inc. 125,824  1,375 
* Standard Parking Corp. 64,688  1,356 
   Waste Industries USA, Inc. 37,239  1,346 
* Duff & Phelps Corp. 74,425  1,339 
* Dynamex Inc. 51,869  1,312 
* PRG-Schultz International, Inc. 146,613  1,281 
* On Assignment, Inc. 194,040  1,232 
^ American Woodmark Corp. 59,891  1,231 
   EnergySolutions 53,500  1,227 
*^ Fuel-Tech N.V. 59,597  1,222 
   LSI Industries Inc. 90,845  1,200 
* Pike Electric Corp. 83,585  1,164 
* Flow International Corp. 125,200  1,163 
* Cornell Cos., Inc. 51,263  1,151 
*^ Plug Power, Inc. 361,809  1,125 
* Integrated Electrical Services, Inc. 71,104  1,117 
* Accuride Corp. 136,010  1,113 
* Argon ST, Inc. 65,335  1,111 
* Michael Baker Corp. 48,998  1,100 
* Griffon Corp. 127,364  1,095 
*^ Innovative Solutions and Support, Inc. 103,249  1,091 
*^ Arrowhead Research Corp. 377,597  1,069 
   Electro Rent Corp. 69,201  1,048 
* Hudson Highland Group, Inc. 122,933  1,041 
* LECG Corp. 110,735  1,036 
* Celadon Group Inc. 106,577  1,032 
   Multi-Color Corp. 45,796  1,024 
* Peerless Manufacturing Co. 31,592  1,024 
* Ducommun, Inc. 36,304  1,005 
* MTC Technologies, Inc. 42,081  1,001 
* Commercial Vehicle Group Inc. 100,328  994 
* Universal Truckload Services, Inc. 47,623  994 
*^ C & D Technologies, Inc. 196,929  989 
* Gehl Co. 58,155  985 
*^ SatCon Technology Corp. 551,847  982 
* Polypore International Inc. 47,266  978 
* Capstone Turbine Corp. 455,492  966 
* Powell Industries, Inc. 24,451  963 
* Sterling Construction Co., Inc. 52,797  962 
* Hawaiian Holdings, Inc. 160,100  961 
*^ Microvision, Inc. 390,907  946 
* Learning Tree International, Inc. 65,879  924 
* LMI Aerospace, Inc. 47,061  912 
   Met-Pro Corp. 80,626  905 
* Saia, Inc. 56,798  901 
* Herley Industries Inc. 86,832  898 
* PowerSecure International, Inc. 74,700  879 
* Magnatek, Inc. 255,341  878 
* ABX Holdings Inc. 298,009  876 
* P.A.M. Transportation Services, Inc. 55,084  857 
* USA Truck, Inc. 66,310  856 
* K-Tron International, Inc 7,112  854 
^ Houston Wire & Cable Co. 52,969  849 
* Industrial Distribution Group, Inc. 84,499  848 
* Ultralife Batteries, Inc. 71,698  847 
* Astronics Corp. 43,658  843 
   The Standard Register Co. 106,944  833 
   Courier Corp. 33,101  826 
* TurboChef Technologies, Inc. 126,551  825 
* Willis Lease Finance Corp. 63,220  795 
   Virco Manufacturing Corp. 151,869  794 
* H&E Equipment Services, Inc. 61,708  776 
   Schawk, Inc. 48,096  769 
* Marten Transport, Ltd. 49,300  765 
   Angelica Corp. 42,462  762 
* Pinnacle Airlines Corp. 86,600  756 
* GP Strategies Corp. 78,560  746 
* A.T. Cross Co. Class A 108,485  743 
* COMSYS IT Partners Inc. 85,870  726 
* ExpressJet Holdings, Inc. 275,904  726 
* Park-Ohio Holdings Corp. 45,954  722 
*^ Medis Technology Ltd. 79,450  721 
* CPI Aerostructures, Inc. 88,215  706 
*^ Basin Water, Inc. 121,983  700 
* Altra Holdings Inc. 51,323  690 
*^ Flanders Corp. 112,593  686 
   Mueller Water Products, Inc. Class A 82,600  676 
* Allegiant Travel Co. 25,455  673 
   Diamond Management and Technology Consultants,Inc. 102,915  664 
^ AMREP Corp. 12,689  664 
* Force Protection, Inc. 328,800  661 
   L.S. Starrett Co. Class A 34,332  661 
* Hill International Inc. 51,730  647 
* PeopleSupport Inc. 70,725  645 
   Hardinge, Inc. 46,463  639 
   Aceto Corp. 91,743  637 
   Supreme Industries, Inc. Class A 111,530  636 
   Lawson Products, Inc. 23,041  635 
* Intersections Inc. 73,428  633 
   NN, Inc. 64,826  631 
* RSC Holdings Inc. 56,300  614 
*^ Builders FirstSource, Inc. 84,318  612 
   Barrett Business Services, Inc. 34,900  598 
* Ceco Environmental Corp. 69,320  591 
   American Railcar Industries, Inc. 28,609  582 
* Aerovironment Inc. 28,431  581 
^ Preformed Line Products Co. 11,933  581 
* BTU International, Inc. 62,148  572 
^ Bluelinx Holdings Inc. 112,164  571 
   Insteel Industries, Inc. 48,268  561 
*^ Beacon Power Corp. 587,439  558 
*^ Trex Co., Inc. 70,479  555 
*^ Coleman Cable Inc. 48,872  538 
* Miller Industries, Inc. 52,500  506 
   Todd Shipyards Corp. 31,217  504 
* MAIR Holdings, Inc. 131,226  499 
*^ EnerNOC Inc. 43,720  498 
*^ Patriot Transportation Holding, Inc. 6,178  485 
* UQM Technologies, Inc. 283,918  480 
*^ Metalico, Inc. 48,783  479 
   Graham Corp. 13,125  467 
*^ Applied Energetics, Inc. 279,615  464 
*^ The Allied Defense Group, Inc. 78,035  462 
* Nashua Corp. 42,021  462 
* Stanley Inc. 15,439  455 
* WCA Waste Corp. 70,553  429 
* Baldwin Technology Class A 163,545  420 
*^ Frontier Airlines Holdings, Inc. 163,279  413 
   Twin Disc, Inc. 25,492  403 
*^ Advanced Battery Technologies Inc. 90,236  402 
* La Barge, Inc. 32,677  394 
* ICF International, Inc. 19,400  389 
   Applied Signal Technology, Inc. 32,793  387 
* Sifco Industries, Inc. 36,750  379 
* ICT Group, Inc. 36,852  372 
   Quixote Corp. 43,500  363 
   Great Lakes Dredge & Dock Co. 68,712  355 
* Mesa Air Group Inc. 150,223  353 
* Active Power, Inc. 184,049  342 
* Tecumseh Products Co. Class B 11,900  326 
   Alamo Group, Inc. 15,252  324 
   Ecology and Environment, Inc. 26,906  322 
* U.S. Home Systems, Inc. 88,063  320 
* Perma-Fix Environmental Services, Inc. 182,597  296 
* Orion Marine Group, Inc. 24,645  295 
* First Advantage Corp. Class A 13,867  294 
   Frozen Food Express Industries, Inc. 36,616  291 
* Peco II, Inc. 509,205  290 
* Key Technology, Inc. 9,300  277 
   Providence and Worcester Railroad Co. 14,200  273 
* COMFORCE Corp. 129,816  271 
*^ Hoku Scientific, Inc. 33,400  271 
* APAC Teleservices, Inc. 309,242  269 
* Energy Focus Inc. 106,163  264 
* Innotrac Corp. 67,627  262 
* Mac-Gray Corp. 22,799  260 
* Arotech Corp. 90,504  247 
* Spherix Inc. 197,035  246 
* TRC Cos., Inc. 56,211  246 
*^ Milacron Inc. 91,916  233 
* Huttig Building Products, Inc. 97,839  227 
   VSE Corp. 7,900  223 
   Omega Flex Inc. 20,504  220 
* TriMas Corp. 39,800  210 
* Hudson Technology, Inc. 134,508  198 
* Quality Distribution Inc. 56,369  180 
* American Electric Tech. Inc. 35,907  176 
*^ Spire Corp. 10,919  168 
^ Empire Resources Inc. 37,469  163 
*^ Document Security Systems, Inc. 25,900  155 
*^ Akeena Solar, Inc. 19,951  153 
* TVI Corp. 494,807  153 
* MFRI, Inc. 9,244  149 
*^ Medialink Worldwide, Inc. 113,009  146 
* LGL Group 16,300  139 
* Covenant Transport, Inc. 26,676  136 
   Superior Uniform Group, Inc. 12,486  125 
* Distributed Energy Systems Corp. 261,103  117 
   Sypris Solutions, Inc. 28,286  117 
* Ascent Solar Technologies, Inc. 6,155  102 
* CAI International Inc. 7,300  94 
*^ Millennium Cell Inc. 721,597  90 
   Chase Corp. 4,700  85 
* Rush Enterprises, Inc. Class B 5,550  81 
* Competitive Technologies, Inc. 58,864  78 
   The Eastern Co. 4,800  75 
* Modtech Holdings, Inc. 252,801  71 
^ Xerium Technologies Inc. 50,125  65 
* PGT, Inc. 20,561  56 
* TeamStaff, Inc. 68,628  47 
* Gencor Industries, Inc. 2,300  40 
* TRM Corp. 151,634  38 
   Hubbell Inc. Class A 500  24 
   Argan Inc. 86 
* Kaiser Ventures LLC Class A 36,800 
* BMC Industries, Inc. 126,104 

        1,925,903 

   Information Technology (14.6%)
   MasterCard, Inc. Class A 304,739  67,954 
* Activision, Inc. 1,394,003  38,070 
* BEA Systems, Inc. 1,930,632  36,972 
* NAVTEQ Corp. 469,094  31,898 
   Harris Corp. 647,454  31,421 
   Amphenol Corp. 840,259  31,300 
* Western Digital Corp. 1,052,934  28,471 
* McAfee Inc. 768,068  25,415 
* Avnet, Inc. 714,963  23,401 
* LAM Research Corp. 594,570  22,724 
* salesforce.com, inc. 390,514  22,599 
* Iron Mountain, Inc. 849,830  22,470 
* Arrow Electronics, Inc. 585,199  19,692 
* FLIR Systems, Inc. 651,029  19,589 
* Hewitt Associates, Inc. 488,580  19,431 
* NCR Corp. 828,551  18,916 
* Alliance Data Systems Corp. 375,477  17,839 
* Cypress Semiconductor Corp. 723,923  17,092 
* Red Hat, Inc. 924,686  17,005 
* Trimble Navigation Ltd. 578,255  16,532 
* Mettler-Toledo International Inc. 168,314  16,347 
* DST Systems, Inc. 239,593  15,751 
   Global Payments Inc. 377,003  15,593 
   Intersil Corp. 600,269  15,409 
* Synopsys, Inc. 673,123  15,287 
* SAIC, Inc. 795,419  14,787 
* Cadence Design Systems, Inc. 1,319,471  14,092 
* Nuance Communications, Inc. 787,055  13,703 
* Itron, Inc. 146,070  13,180 
* MICROS Systems, Inc. 391,396  13,174 
* Brocade Communications Systems, Inc. 1,783,677  13,021 
* ANSYS, Inc. 373,893  12,907 
   Diebold, Inc. 314,202  11,798 
   Broadridge Financial Solutions LLC 665,358  11,710 
*^ Cree, Inc. 414,885  11,600 
* Equinix, Inc. 173,879  11,561 
* Ingram Micro, Inc. Class A 703,355  11,134 
* Sybase, Inc. 423,241  11,131 
* CommScope, Inc. 319,041  11,112 
   FactSet Research Systems Inc. 201,434  10,851 
* Zebra Technologies Corp. Class A 315,242  10,504 
* Varian Semiconductor Equipment Associates, Inc. 362,310  10,199 
* Rambus Inc. 432,420  10,080 
* NeuStar, Inc. Class A 367,330  9,727 
* Polycom, Inc. 418,484  9,433 
* Take-Two Interactive Software, Inc. 363,461  9,276 
* Anixter International Inc. 143,296  9,177 
   Jack Henry & Associates Inc. 364,586  8,994 
* ON Semiconductor Corp. 1,558,531  8,852 
* Parametric Technology Corp. 552,557  8,830 
* Microsemi Corp. 370,899  8,456 
* Tech Data Corp. 257,534  8,447 
* Foundry Networks, Inc. 716,582  8,298 
* Metavante Technologies 413,841  8,273 
* Integrated Device Technology Inc. 907,866  8,107 
* ValueClick, Inc. 465,373  8,028 
* Vishay Intertechnology, Inc. 883,769  8,007 
* Silicon Laboratories Inc. 250,805  7,910 
* International Rectifier Corp. 346,138  7,442 
* F5 Networks, Inc. 404,777  7,355 
* Atmel Corp. 2,108,434  7,337 
   National Instruments Corp. 273,555  7,151 
* Informatica Corp. 418,442  7,139 
* Fairchild Semiconductor International, Inc. 592,969  7,068 
* THQ Inc. 316,330  6,896 
* Dolby Laboratories Inc. 190,178  6,896 
* ADC Telecommunications, Inc. 560,340  6,769 
* CACI International, Inc. 143,172  6,521 
* Emulex Corp. 399,732  6,492 
* Concur Technologies, Inc. 209,005  6,490 
* TIBCO Software Inc. 905,833  6,468 
* Rofin-Sinar Technologies Inc. 140,562  6,311 
* Plexus Corp. 221,611  6,216 
* Perot Systems Corp. 411,228  6,185 
* Progress Software Corp. 200,549  6,000 
* Gartner, Inc. Class A 309,967  5,995 
* Digital River, Inc. 192,712  5,968 
* EchoStar Corp. 201,170  5,943 
* PMC Sierra Inc. 1,038,185  5,918 
* Benchmark Electronics, Inc. 328,726  5,901 
* Amkor Technology, Inc. 546,961  5,852 
* Atheros Communications, Inc. 279,893  5,833 
* Wright Express Corp. 186,870  5,743 
* Skyworks Solutions, Inc. 774,016  5,635 
* MPS Group, Inc. 454,165  5,368 
   Blackbaud, Inc. 213,716  5,189 
* j2 Global Communications, Inc. 231,690  5,171 
* CNET Networks, Inc. 724,830  5,146 
* Intermec, Inc. 229,922  5,102 
* Checkpoint Systems, Inc. 189,667  5,093 
   Fair Isaac, Inc. 232,406  5,001 
   ADTRAN Inc. 268,700  4,971 
* SRA International, Inc. 204,058  4,961 
* Tessera Technologies, Inc. 231,414  4,813 
* CyberSource Corp. 327,924  4,791 
* MKS Instruments, Inc. 218,938  4,685 
* Blackboard Inc. 138,896  4,629 
*^ VeriFone Holdings, Inc. 291,280  4,623 
* Omniture, Inc. 197,124  4,575 
   Cognex Corp. 206,664  4,511 
   Technitrol, Inc. 194,602  4,501 
* Comtech Telecommunications Corp. 115,108  4,489 
* Euronet Worldwide, Inc. 232,440  4,477 
   Plantronics, Inc. 231,812  4,476 
* ScanSource, Inc. 123,278  4,461 
*^ OmniVision Technologies, Inc. 264,378  4,447 
* FormFactor Inc. 231,761  4,427 
* Lawson Software, Inc. 587,263  4,422 
*^ Sonus Networks, Inc. 1,284,827  4,420 
* ATMI, Inc. 158,153  4,401 
* Semtech Corp. 306,743  4,396 
*^ InterDigital, Inc. 220,195  4,362 
* 3Com Corp. 1,904,044  4,360 
* Quest Software, Inc. 330,038  4,314 
* ManTech International Corp. 93,318  4,233 
* TiVo Inc. 472,541  4,139 
* Sanmina-SCI Corp. 2,532,054  4,102 
* Websense, Inc. 216,229  4,054 
* Insight Enterprises, Inc. 231,230  4,047 
* Blue Coat Systems, Inc. 181,196  3,994 
* Tekelec 320,516  3,990 
* Entegris Inc. 548,416  3,943 
* EarthLink, Inc. 521,215  3,935 
* Ariba, Inc. 403,637  3,899 
* L-1 Identity Solutions Inc. 290,154  3,859 
   Acxiom Corp. 322,424  3,827 
* Electronics for Imaging, Inc. 254,810  3,802 
* FEI Co. 173,490  3,787 
* Mentor Graphics Corp. 428,745  3,786 
* Littelfuse, Inc. 107,779  3,769 
* Cymer, Inc. 144,424  3,761 
* Arris Group Inc. 644,762  3,752 
*^ Avid Technology, Inc. 153,914  3,746 
* Power Integrations, Inc. 126,270  3,695 
* RF Micro Devices, Inc. 1,385,713  3,686 
* Avocent Corp. 217,949  3,683 
* Advent Software, Inc. 85,268  3,634 
* Cabot Microelectronics Corp. 112,383  3,613 
* The Ultimate Software Group, Inc. 117,856  3,543 
* Macrovision Corp. 256,526  3,463 
* TriQuint Semiconductor, Inc. 681,508  3,448 
* Sapient Corp. 492,154  3,425 
   United Online, Inc. 323,113  3,412 
* ACI Worldwide, Inc. 171,230  3,411 
^ Imation Corp. 149,141  3,391 
* Harmonic, Inc. 444,845  3,381 
* Diodes Inc. 152,631  3,352 
* NETGEAR, Inc. 167,772  3,347 
* Zoran Corp. 244,867  3,345 
* MicroStrategy Inc. 44,423  3,287 
* SPSS, Inc. 84,324  3,270 
* Sycamore Networks, Inc. 888,349  3,251 
* Standard Microsystem Corp. 111,339  3,249 
   MAXIMUS, Inc. 88,210  3,238 
* Sigma Designs, Inc. 140,307  3,181 
*^ Bankrate, Inc. 62,749  3,131 
* Epicor Software Corp. 278,589  3,120 
* CMGI, Inc. 234,050  3,104 
* Brooks Automation, Inc. 312,614  3,039 
   AVX Corp. 237,146  3,038 
* Solera Holdings, Inc. 122,944  2,995 
* Hittite Microwave Corp. 78,296  2,930 
   Daktronics, Inc. 160,809  2,880 
* DealerTrack Holdings Inc. 141,878  2,869 
* Rogers Corp. 85,496  2,856 
* Cirrus Logic, Inc. 422,851  2,842 
* Wind River Systems Inc. 366,230  2,835 
* MSC Software Corp. 213,619  2,775 
* ViaSat, Inc. 126,402  2,745 
* Sykes Enterprises, Inc. 155,924  2,743 
* Axcelis Technologies, Inc. 488,708  2,737 
* Synaptics Inc. 114,268  2,729 
   MTS Systems Corp. 83,959  2,709 
* Manhattan Associates, Inc. 116,708  2,676 
   Micrel, Inc. 280,542  2,601 
   Black Box Corp. 83,987  2,591 
* Commvault Systems, Inc. 207,639  2,575 
* RealNetworks, Inc. 447,943  2,567 
* Ixia 326,494  2,534 
*^ Palm, Inc. 505,638  2,528 
* Veeco Instruments, Inc. 151,404  2,518 
^ Quality Systems, Inc. 83,737  2,501 
   Park Electrochemical Corp. 96,455  2,493 
* FARO Technologies, Inc. 79,074  2,466 
   TNS Inc. 118,827  2,453 
* SonicWALL, Inc. 292,824  2,392 
* Art Technology Group, Inc. 611,852  2,374 
* Tyler Technologies, Inc. 168,696  2,358 
* Advanced Energy Industries, Inc. 177,590  2,355 
* Move, Inc. 764,553  2,355 
* Dycom Industries, Inc. 195,996  2,354 
* Applied Micro Circuits Corp. 326,483  2,344 
* JDA Software Group, Inc. 127,066  2,319 
* Interwoven Inc. 214,771  2,294 
* Forrester Research, Inc. 85,770  2,280 
* Electro Scientific Industries, Inc. 134,962  2,224 
* Radiant Systems, Inc. 155,010  2,165 
* SAVVIS, Inc. 133,035  2,164 
* Silicon Image, Inc. 431,917  2,164 
* EMS Technologies, Inc. 78,886  2,141 
   Methode Electronics, Inc. Class A 183,018  2,139 
* Ansoft Corp. 69,288  2,115 
*^ DTS Inc. 88,056  2,113 
* Synchronoss Technologies, Inc. 104,862  2,100 
* Quantum Corp. 981,281  2,100 
* Newport Corp. 185,567  2,073 
* Magma Design Automation, Inc. 214,799  2,056 
* Vignette Corp. 154,987  2,047 
* Brightpoint, Inc. 244,437  2,043 
*^ Echelon Corp. 149,734  2,021 
   InfoSpace, Inc. 174,643  2,021 
* Hutchinson Technology, Inc. 126,646  2,015 
* Netlogic Microsystems Inc. 83,369  2,013 
* CSG Systems International, Inc. 173,228  1,970 
   CTS Corp. 184,061  1,969 
* Photronics, Inc. 205,827  1,966 
* Stratasys, Inc. 109,668  1,952 
*^ Cogent Inc. 205,122  1,934 
* EPIQ Systems, Inc. 124,300  1,929 
* Actel Corp. 125,616  1,923 
* Excel Technology, Inc. 70,591  1,903 
* ANADIGICS, Inc. 289,943  1,902 
* DSP Group Inc. 149,113  1,900 
* Finisar Corp. 1,474,825  1,888 
* Pericom Semiconductor Corp. 126,971  1,864 
* VASCO Data Security International, Inc. 132,979  1,819 
* Phoenix Technologies Ltd. 116,156  1,819 
* Mastec Inc. 220,317  1,809 
* TTM Technologies, Inc. 157,111  1,778 
* Riverbed Technology, Inc. 119,047  1,769 
* Monolithic Power Systems 98,791  1,742 
   Agilysys, Inc. 149,913  1,739 
* Taleo Corp. Class A 89,351  1,733 
* S1 Corp. 241,464  1,717 
* eSPEED, Inc. Class A 146,658  1,710 
   Cohu, Inc. 105,109  1,708 
* Adaptec, Inc. 578,747  1,701 
* KEMET Corp. 417,849  1,688 
* BearingPoint, Inc. 997,110  1,675 
* Secure Computing Corp. 256,996  1,658 
* Kulicke & Soffa Industries, Inc. 344,064  1,645 
*^ Zix Corp. 420,095  1,626 
* Terremark Worldwide, Inc. 295,491  1,619 
*^ Powerwave Technologies, Inc. 628,477  1,603 
* Exar Corp. 193,408  1,592 
* Lattice Semiconductor Corp. 555,995  1,579 
*^ Universal Display Corp. 110,236  1,579 
^ Marchex, Inc. 155,520  1,552 
* FalconStor Software, Inc. 200,528  1,526 
* Novatel Wireless, Inc. 157,299  1,523 
* Actuate Software Corp. 371,267  1,522 
* The Knot, Inc. 127,530  1,498 
* Intervoice, Inc. 186,377  1,484 
*^ SiRF Technology Holdings, Inc. 286,330  1,457 
   Integral Systems, Inc. 49,820  1,456 
* Vocus, Inc. 55,054  1,453 
* Trident Microsystems, Inc. 278,614  1,435 
*^ UTStarcom, Inc. 500,704  1,422 
* Keynote Systems Inc. 119,389  1,408 
* Conexant Systems, Inc. 2,399,911  1,392 
* Anaren, Inc. 109,689  1,389 
* Mattson Technology, Inc. 227,757  1,387 
^ Heartland Payment Systems, Inc. 59,684  1,373 
* Internet Capital Group Inc. 131,093  1,373 
* Rudolph Technologies, Inc. 137,422  1,343 
* Ciber, Inc. 273,240  1,339 
   Gevity HR, Inc. 151,416  1,311 
* Intevac, Inc. 100,041  1,296 
* iGATE Corp. 181,694  1,294 
*^ WebMD Health Corp. Class A 54,200  1,277 
*^ EMCORE Corp. 217,912  1,255 
* OSI Systems Inc. 54,525  1,255 
* SeaChange International, Inc. 178,066  1,252 
* Rackable Systems Inc. 136,208  1,242 
*^ LoopNet, Inc. 97,700  1,241 
* Symyx Technologies, Inc. 163,803  1,229 
   NIC Inc. 172,351  1,225 
   Syntel, Inc. 45,916  1,224 
* Extreme Networks, Inc. 390,631  1,211 
* MRV Communications Inc. 883,384  1,210 
* Silicon Storage Technology, Inc. 460,688  1,207 
* Gerber Scientific, Inc. 134,511  1,196 
* SYNNEX Corp. 56,027  1,189 
* Perficient, Inc. 149,484  1,187 
*^ ParkerVision, Inc. 153,335  1,187 
* Spansion Inc. Class A 428,421  1,178 
* AXT, Inc. 242,935  1,159 
* Hughes Communications Inc. 22,861  1,159 
* Hypercom Corp. 264,862  1,150 
* Sonic Solutions, Inc. 119,020  1,149 
* RightNow Technologies Inc. 96,365  1,147 
   Pegasystems Inc. 116,399  1,121 
* Ultratech, Inc. 115,517  1,110 
* Microtune, Inc. 302,196  1,106 
* Photon Dynamics, Inc. 103,972  1,102 
* Digi International, Inc. 93,469  1,079 
   Openwave Systems Inc. 439,277  1,076 
* I-many, Inc. 448,225  1,076 
* Semitool, Inc. 127,888  1,064 
* GSE Systems, Inc. 130,068  1,059 
* IXYS Corp. 154,960  1,058 
*^ On2 Technologies, Inc. 1,026,995  1,048 
* Supertex, Inc. 51,258  1,046 
* Interactive Intelligence Inc. 88,792  1,045 
* Internap Network Services Corp. 209,989  1,042 
   infoUSA Inc. 168,576  1,030 
*^ Bidz.com, Inc. 122,891  1,030 
* Lionbridge Technologies, Inc. 305,275  1,023 
^ Renaissance Learning, Inc. 72,786  1,018 
* Ramtron International Corp. 247,156  1,013 
* Bottomline Technologies, Inc. 79,160  997 
* Greenfield Online, Inc. 83,415  989 
* Online Resources Corp. 102,653  988 
* LoJack Corp. 77,613  981 
*^ Research Frontiers, Inc. 144,302  978 
* Network Equipment Technologies, Inc. 148,517  976 
* ExlService Holdings, Inc. 42,373  973 
* Asyst Technologies, Inc. 277,203  970 
* Volterra Semiconductor Corp. 84,328  955 
* Harris Stratex Networks, Inc. Class A 95,229  955 
* Credence Systems Corp. 556,884  947 
* Rimage Corp. 43,154  945 
* Versant Corp. 37,647  945 
* RadiSys Corp. 93,364  942 
* Digimarc Corp. 94,008  939 
*^ Presstek, Inc. 214,080  938 
* Iomega Corp. 259,942  928 
*^ Lasercard Corp. 109,304  926 
   Cass Information Systems, Inc. 29,237  923 
* Kopin Corp. 346,762  922 
* Multi-Fineline Electronix, Inc. 48,779  916 
* Loral Space and Communications Ltd. 38,247  912 
* SI International Inc. 46,915  900 
   Bel Fuse, Inc. Class B 32,200  897 
* Cray, Inc. 150,508  897 
* NetScout Systems, Inc. 96,090  894 
* Global Cash Access, Inc. 150,563  882 
   TheStreet.com, Inc. 108,887  880 
* Ultra Clean Holdings, Inc. 88,853  871 
* Zhone Technologies 872,868  855 
* MIPS Technologies, Inc. 215,247  852 
*^ i2 Technologies, Inc. 75,291  848 
* Innodata Isogen, Inc. 198,497  848 
* Moldflow Corp. 48,337  843 
* Chordiant Software, Inc. 139,528  841 
*^ Avanex Corp. 1,184,280  841 
* Callidus Software Inc. 174,328  839 
* OPNET Technologies, Inc. 102,534  835 
* Entrust, Inc. 333,283  833 
* NMS Communications Corp. 552,931  829 
* Website Pros, Inc. 84,176  827 
* BigBand Networks Inc. 143,066  820 
* Packeteer, Inc. 160,876  819 
* LTX Corp. 260,078  817 
*^ Nextwave Wireless Inc. 161,026  813 
   Keithley Instruments Inc. 83,220  807 
^ Imergent, Inc. 69,800  795 
*^ Maxwell Technologies, Inc. 77,640  791 
* Integrated Silicon Solution, Inc. 130,728  791 
* Switch and Data Inc. 77,363  790 
* Nu Horizons Electronics Corp. 124,410  781 
* Safeguard Scientifics, Inc. 523,805  780 
* Startek, Inc. 84,429  778 
* Measurement Specialties, Inc. 44,491  777 
* IPG Photonics Corp. 49,317  774 
* Monotype Imaging Holdings Inc. 50,622  765 
* Computer Task Group, Inc. 185,548  764 
* DivX, Inc. 108,129  757 
* SupportSoft, Inc. 229,286  757 
* Bitstream Inc. 134,903  753 
* Performance Technologies, Inc. 164,275  752 
* Zygo Corp. 60,408  751 
   MoneyGram International, Inc. 400,024  744 
* Advanced Analogic Technologies, Inc. 132,334  744 
* Immersion Corp. 102,846  731 
* Globecomm Systems, Inc. 83,820  729 
* Pervasive Software Inc. 186,283  727 
* X-Rite Inc. 121,188  723 
*^ NVE Corp. 29,191  721 
* Spectrum Control, Inc. 84,945  719 
* Napco Security Systems, Inc. 144,680  712 
* ZiLOG, Inc. 202,394  708 
   QAD Inc. 83,858  705 
* KVH Industries, Inc. 88,487  697 
* Aetrium, Inc. 176,870  695 
*^ Local.com Corp 169,877  695 
* TechTeam Global, Inc. 76,528  693 
*^ TranSwitch Corp. 919,175  689 
* Oplink Communications, Inc. 77,660  689 
* Telular Corp. 205,604  687 
   MOCON, Inc. 60,543  683 
* Datalink Corp. 172,717  682 
* Network Engines, Inc. 426,190  673 
* Aware, Inc. 184,000  672 
* Zones, Inc. 81,787  671 
   American Software, Inc. Class A 107,257  671 
* Dynamics Research Corp. 65,702  664 
* MoSys, Inc. 152,241  664 
* Captaris Inc. 149,448  661 
* Micronetics Inc. 93,120  658 
* Dot Hill Systems Corp. 218,320  655 
* iPass Inc. 212,054  640 
* Borland Software Corp. 313,062  632 
* Mercury Computer Systems, Inc. 111,494  627 
* Bookham, Inc. 457,007  626 
* Data I/O Corp. 142,866  621 
* Management Network Group Inc. 323,772  615 
* InsWeb Corp. 57,161  613 
* Smith Micro Software, Inc. 97,325  596 
* Saba Software, Inc. 157,901  592 
*^ American Technology Corp. 268,929  589 
   Communications Systems, Inc. 54,604  588 
* Catalyst Semiconductor, Inc. 106,713  586 
   Astro-Med, Inc. 64,839  580 
* STEC Inc. 92,178  571 
* QuickLogic Corp. 189,360  568 
* Virage Logic Corp. 98,209  566 
*^ Convera Corp. 332,644  565 
* Infinera Corp. 46,321  556 
* NetManage, Inc. 137,974  553 
* Telecommunication Systems, Inc. 175,567  553 
* Acme Packet, Inc. 68,966  551 
* Symmetricom Inc. 156,451  546 
* Autobytel Inc. 248,099  536 
* BSQUARE Corp. 135,958  530 
* PC Connection, Inc. 66,806  529 
* Mobility Electronics, Inc. 416,545  529 
* Applied Digital Solutions, Inc. 797,925  529 
* PLX Technology, Inc. 79,227  528 
* Double-Take Software Inc. 44,945  525 
* I.D. Systems, Inc. 69,829  524 
* DDi Corp. 112,175  520 
* Endwave Corp. 85,227  517 
*^ Telkonet, Inc. 584,582  514 
* Hauppage Digital, Inc. 153,081  514 
* CyberOptics Corp. 46,589  509 
* White Electronic Designs Corp. 115,241  507 
* PC-Tel, Inc. 74,262  505 
* LivePerson, Inc. 162,559  504 
*^ Superconductor Technologies Inc. 111,696  502 
* Ebix, Inc. 6,768  501 
* Neutral Tandem, Inc. 27,800  501 
*^ Transmeta Corp. 37,733  487 
* Sumtotal Systems Inc. 115,866  483 
* The Hackett Group Inc. 123,358  482 
* Radyne Comstream Inc. 56,345  480 
* Intelli-Check Inc. 142,560  463 
* Enliven Marketing Technologies Corp. 625,688  457 
* Onvia.com, Inc. 70,639  456 
*^ OpenTV Corp. 383,290  452 
* CallWave, Inc. 171,807  448 
* BladeLogic Inc. 15,927  447 
* Electroglas, Inc. 304,202  441 
* PDF Solutions, Inc. 79,887  440 
* Concurrent Computer Corp. 637,883  440 
* Optical Cable Corp. 87,646  438 
* Data Domain, Inc. 18,405  438 
* Peerless Systems Corp. 228,453  432 
* ActivIdentity Corp. 170,469  431 
* LeCroy Corp. 49,738  431 
* Pfsweb Inc. 477,395  430 
* Techwell, Inc. 39,500  428 
* Tier Technologies, Inc. 53,411  426 
*^ Lumera Corp. 217,179  426 
* Tumbleweed Communications Corp. 343,264  419 
* Internet Brands Inc. 56,300  415 
* SCM Microsystems, Inc. 159,536  415 
* Nanometrics Inc. 57,838  414 
   COMARCO, Inc. 109,836  410 
* SRS Labs, Inc. 76,819  409 
* Westell Technologies, Inc. 270,126  405 
* Tollgrade Communications, Inc. 77,072  404 
* Cherokee International Corp. 214,993  402 
* Starent Networks Corp. 29,500  398 
* Think Partnership Inc. 416,166  395 
* SM&A Corp. 90,987  392 
*^ Comverge Inc. 37,191  384 
* ShoreTel, Inc. 74,662  382 
*^ Optium Corp. 53,432  376 
* hi/fn, Inc. 73,079  373 
* SourceForge Inc. 186,341  371 
* Aruba Networks, Inc. 70,800  369 
*^ Midway Games Inc. 133,853  361 
*^ Constant Contact, Inc. 24,828  360 
* Elixir Gaming Technologies, Inc. 184,450  358 
* Rainmaker Systems, Inc. 109,330  355 
* OpNext, Inc. 65,175  355 
*^ Mindspeed Technologies, Inc. 737,195  354 
* Liquidity Services, Inc. 43,249  346 
* Catapult Communications Corp. 66,492  342 
* Video Display Corp. 46,589  341 
* InFocus Corp. 180,587  338 
* Key Tronic Corp. 127,733  331 
* Salary.com, Inc. 50,144  330 
* Allied Motion Technologies, Inc. 69,705  330 
* En Pointe Technologies, Inc. 122,089  324 
* Ditech Networks Inc. 109,993  323 
*^ Silicon Graphics Inc. 26,142  310 
* Travelzoo, Inc. 26,977  298 
* Synplicity, Inc. 37,338  292 
* LookSmart, Ltd. 87,842  289 
* RAE Systems, Inc. 150,033  288 
* ESS Technology, Inc. 191,792  288 
* Goldleaf Financial Solutions, Inc. 139,252  284 
* Simulations Plus, Inc. 152,440  284 
* Lantronix, Inc. 306,807  282 
* EFJ, Inc. 233,964  281 
* Smart Modular Technologies Inc. 45,055  280 
* Soapstone Networks Inc. 38,897  279 
   Mesa Laboratories, Inc. 12,300  276 
* Pixelworks, Inc. 354,080  273 
* Limelight Networks Inc. 82,704  268 
* Calamp Corp. 98,344  267 
* PAR Technology Corp. 33,769  267 
* SteelCloud Inc. 234,983  263 
* Planar Systems, Inc. 65,382  262 
* Evolving Systems, Inc. 133,174  261 
* Dice Holdings Inc. 29,200  260 
* Napster, Inc. 173,389  257 
*^ Daystar Technologies, Inc. 83,587  247 
* RF Monolithics, Inc. 102,859  247 
* WJ Communications, Inc. 254,022  243 
* California Micro Devices Corp. 79,185  233 
* Occam Networks, Inc. 42,481  231 
* Cascade Microtech, Inc. 28,600  228 
* Centillium Communications, Inc. 345,056  228 
   TSR, Inc. 54,086  227 
* CPI International, Inc. 22,586  224 
* TransAct Technologies Inc. 45,489  223 
* Majesco Entertainment Co. 176,715  214 
*^ Mechanical Technology Inc. 395,938  214 
*^ FOCUS Enhancements, Inc. 388,012  213 
* Cavium Networks, Inc. 12,740  209 
* Miva Inc. 120,925  208 
* Selectica, Inc. 148,172  202 
* FSI International, Inc. 150,688  200 
* Entertainment Distribution Company Inc. 382,593  199 
* Newtek Business Services, Inc. 199,127  195 
* Airspan Networks Inc. 205,124  193 
* TII Network Technologies, Inc. 107,178  192 
*^ Wave Systems Corp. Class A 195,358  189 
*^ Access Intergrated Technologies Inc. 58,152  183 
* AuthenTec, Inc. 18,400  183 
* Ikanos Communications, Inc. 39,964  183 
   Bel Fuse, Inc. Class A 5,719  180 
* PLATO Learning, Inc. 59,707  175 
* ComScore Inc. 8,150  163 
* NeoMagic Corp. 123,502  161 
* Jupitermedia Corp. 75,427  158 
* Netezza Corp. 16,381  155 
* Entorian Technologies Inc. 129,651  153 
* LogicVision, Inc. 94,461  150 
* SigmaTel Inc. 51,597  149 
* Ciprico Inc. 93,049  140 
*^ Orbcomm, Inc. 27,010  134 
* NCI, Inc. 7,100  134 
   CAM Commerce Solutions, Inc. 3,589  133 
* NetSuite Inc. 5,900  127 
* Amtech Systems, Inc. 10,382  125 
* NYFIX, Inc. 27,100  118 
* AuthentiDate Holding Corp. 264,399  116 
* Kintera Inc. 191,236  111 
* Isilon Systems Inc. 21,904  107 
* Unica Corp. 15,703  107 
* DataTRAK International Inc. 85,096  102 
*^ LightPath Technologies, Inc. Class A 55,757  100 
* Sonic Foundry, Inc. 161,520  100 
* Leadis Technology Inc. 50,620  98 
* Information Services Group, Inc. 18,200  94 
* Merix Corp. 40,537  83 
* Evans & Sutherland Computer Corp. 107,101  81 
* Intraware, Inc. 17,473  79 
* TechTarget 5,000  71 
* Deltek, Inc. 5,000  65 
* Glu Mobile Inc. 13,100  59 
   Richardson Electronics, Ltd. 11,890  50 
* Eagle Test Systems, Inc. 4,500  47 
* PlanetOut, Inc. 12,670  46 
* PROS Holdings, Inc. 3,500  44 
*^ Verso Technologies, Inc. 280,417  43 
* Delphax Technologies, Inc. 81,502  40 
   Frequency Electronics, Inc. 5,000  39 
* MakeMusic! Inc. 3,956  36 
* Bell Industries, Inc. 49,046  34 
* Atari, Inc. 21,962  32 
* Innovex, Inc. 106,590  30 
* Technology Solutions Co. 9,671  29 
*^ Ibis Technology Corp. 101,314  26 
* Sourcefire Inc. 4,400  26 
* Overland Storage, Inc. 21,120  24 
   SuccessFactors Inc. 2,002  20 
* ISCO International, Inc. 18,000 
* Conolog Corp. 475 
* US Dataworks Inc. 100 

        1,827,868 

   Materials (6.6%)
* The Mosaic Co. 735,401  75,452 
* Owens-Illinois, Inc. 746,741  42,139 
   Steel Dynamics, Inc. 894,354  29,549 
   AK Steel Holding Corp. 531,456  28,922 
   Cleveland-Cliffs Inc. 214,219  25,668 
   Celanese Corp. Series A 621,386  24,265 
   CF Industries Holdings, Inc. 229,496  23,780 
^ Martin Marietta Materials, Inc. 195,454  20,751 
   FMC Corp. 356,651  19,791 
* Crown Holdings, Inc. 762,004  19,172 
   Lubrizol Corp. 326,924  18,148 
   Reliance Steel & Aluminum Co. 298,846  17,889 
   Airgas, Inc. 392,152  17,831 
* Domtar Corp. 2,470,071  16,871 
   Commercial Metals Co. 553,154  16,578 
* Terra Industries, Inc. 430,697  15,303 
   Nalco Holding Co. 666,905  14,105 
   Sonoco Products Co. 474,374  13,581 
   Carpenter Technology Corp. 234,754  13,139 
   Albemarle Corp. 359,727  13,137 
   AptarGroup Inc. 326,229  12,700 
   RPM International, Inc. 578,524  12,114 
   Greif Inc. Class A 160,464  10,900 
   Huntsman Corp. 456,937  10,761 
   Cytec Industries, Inc. 199,066  10,720 
*^ Coeur d'Alene Mines Corp. 2,612,384  10,554 
   Packaging Corp. of America 436,499  9,747 
   Valspar Corp. 476,044  9,445 
* Smurfit-Stone Container Corp. 1,218,030  9,379 
   Quanex Corp. 177,511  9,184 
* Century Aluminum Co. 138,507  9,175 
   Compass Minerals International, Inc. 154,504  9,113 
   Cabot Corp. 309,405  8,663 
   Chemtura Corp. 1,151,708  8,454 
   Texas Industries, Inc. 130,506  7,845 
* OM Group, Inc. 142,908  7,794 
^ Eagle Materials, Inc. 205,904  7,320 
   Schnitzer Steel Industries, Inc. Class A 99,295  7,052 
   Olin Corp. 354,611  7,007 
   Scotts Miracle-Gro Co. 211,205  6,847 
   Sensient Technologies Corp. 226,881  6,691 
* W.R. Grace & Co. 285,422  6,513 
* Hecla Mining Co. 581,717  6,492 
   Temple-Inland Inc. 505,688  6,432 
   Silgan Holdings, Inc. 118,544  5,883 
   Minerals Technologies, Inc. 90,794  5,702 
   H.B. Fuller Co. 273,555  5,583 
   Worthington Industries, Inc. 313,578  5,290 
* RTI International Metals, Inc. 110,215  4,983 
   Kaiser Aluminum Corp. 71,497  4,955 
   NewMarket Corp. 65,596  4,949 
   Rock-Tenn Co. 159,512  4,781 
   Louisiana-Pacific Corp. 491,110  4,508 
   Arch Chemicals, Inc. 118,350  4,410 
   Royal Gold, Inc. 131,950  3,981 
* Rockwood Holdings, Inc. 116,286  3,811 
   Koppers Holdings, Inc. 84,248  3,733 
*^ AbitibiBowater, Inc. 272,741  3,521 
   AMCOL International Corp. 106,114  3,314 
   Glatfelter 214,963  3,248 
*^ Zoltek Cos., Inc. 119,361  3,165 
* Stillwater Mining Co. 203,021  3,141 
   Ferro Corp. 208,236  3,094 
*^ Calgon Carbon Corp. 193,102  2,906 
* PolyOne Corp. 443,992  2,828 
   Deltic Timber Corp. 50,234  2,798 
   A. Schulman Inc. 132,796  2,726 
   A.M. Castle & Co. 97,857  2,642 
* Headwaters Inc. 199,780  2,635 
* Brush Engineered Materials Inc. 97,023  2,491 
   Wausau Paper Corp. 297,633  2,458 
* Haynes International, Inc. 42,081  2,309 
*^ General Moly, Inc. 283,497  2,265 
* Buckeye Technology, Inc. 187,486  2,092 
   Olympic Steel, Inc. 45,387  2,047 
   Neenah Paper Inc. 71,422  1,841 
   Schweitzer-Mauduit International, Inc. 79,396  1,837 
   Myers Industries, Inc. 136,721  1,795 
   Zep, Inc. 106,124  1,721 
   Balchem Corp. 64,018  1,467 
*^ GenTek, Inc. 46,894  1,411 
* Graphic Packaging Holding Co. 482,413  1,409 
   Westlake Chemical Corp. 102,639  1,339 
   Spartech Corp. 156,460  1,322 
* Omnova Solutions Inc. 318,906  1,272 
*^ Esmark, Inc. 109,458  1,237 
* Horsehead Holding Corp. 106,800  1,237 
* Universal Stainless & Alloy Products, Inc. 39,287  1,167 
^ Georgia Gulf Corp. 167,875  1,163 
* LSB Industries, Inc. 78,337  1,155 
   Quaker Chemical Corp. 36,822  1,152 
* AEP Industries, Inc. 37,266  1,129 
   American Vanguard Corp. 66,092  1,100 
   Penford Corp. 50,427  1,096 
*^ Flotek Industries, Inc. 74,820  1,092 
   NL Industries, Inc. 85,867  938 
*^ Boise, Inc. 141,325  904 
   Stepan Co. 22,907  876 
* U.S. Gold Corp. 328,402  834 
*^ Mercer International Inc. 113,088  788 
   Tronox Inc. Class B 195,035  761 
* U.S. Concrete, Inc. 188,660  717 
* ICO, Inc. 99,980  694 
*^ Nonophase Technologies Corp. 212,153  687 
   Great Northern Iron Ore Properties 5,100  677 
* Landec Corp. 79,982  674 
   Nevada Chemicals, Inc. 70,857  638 
* Material Sciences Corp. 78,240  607 
* ADA-ES Inc. 69,540  582 
^ U.S. Energy Corp. 167,994  563 
   Sims Group Ltd. ADR 19,014  523 
* Allied Nevada Gold Corp. 80,856  417 
   Chesapeake Corp. of Virginia 86,675  417 
* Rock of Ages Corp. 91,696  363 
* TOR Minerals International, Inc. 160,090  330 
   Hawkins, Inc. 21,355  325 
   Innophos Holdings Inc. 18,041  290 
* American Pacific Corp. 17,545  280 
* Solitario Resources Corp. 49,600  257 
* Mod-Pac Corp. 49,498  250 
   Synalloy Corp. 12,138  148 
* United States Lime & Mineral 4,251  123 
* Kapstone Paper and Packaging Corp. 13,100  87 
* Clean Diesel Technologies, Inc. 3,825  50 
* Caraustar Industries, Inc. 31,483  43 
* Eden Bioscience Corp. 26,908  33 

        831,040 

   Telecommunication Services (1.6%)
* Crown Castle International Corp. 933,160  32,185 
* NII Holdings Inc. 805,921  25,612 
*^ Level 3 Communications, Inc. 7,333,512  15,547 
* SBA Communications Corp. 514,547  15,349 
   Telephone & Data Systems, Inc. 359,078  14,101 
* Leap Wireless International, Inc. 247,796  11,547 
* Time Warner Telecom Inc. 696,794  10,793 
   Telephone & Data Systems, Inc. - Special Common Shares 147,351  5,496 
* Cincinnati Bell Inc. 1,183,403  5,041 
* U.S. Cellular Corp. 78,971  4,343 
* Premiere Global Services, Inc. 293,167  4,204 
* Cogent Communications Group, Inc. 221,974  4,064 
* Metropcs Communications Inc. 232,610  3,954 
*^ Clearwire Corp. 233,595  3,460 
* PAETEC Holding Corp. 504,178  3,358 
* Rural Cellular Corp. Class A 63,582  2,812 
   Iowa Telecommunications Services Inc. 151,796  2,691 
* Syniverse Holdings Inc. 158,743  2,645 
   FairPoint Communications, Inc. 290,455  2,620 
   Alaska Communications Systems Holdings, Inc. 203,508  2,491 
   NTELOS Holdings Corp. 85,741  2,075 
* Cbeyond Inc. 108,350  2,036 
* Centennial Communications Corp. Class A 326,523  1,930 
   Shenandoah Telecommunications Co. 105,312  1,563 
   iPCS, Inc. 66,123  1,544 
* General Communication, Inc. 247,929  1,522 
   Consolidated Communications Holdings, Inc. 90,248  1,365 
* Covad Communications Group, Inc. 1,280,532  1,242 
* ICO Global Communications (Holdings) Ltd. 360,487  1,114 
   Atlantic Tele-Network, Inc. 31,804  1,076 
   IDT Corp. Class B 270,490  1,047 
   SureWest Communications 66,113  1,022 
   USA Mobility, Inc. 139,351  995 
*^ Vonage Holdings Corp. 489,540  906 
   Hickory Tech Corp. 97,265  795 
* TerreStar Corp. 157,200  767 
*^ Globalstar, Inc. 103,235  753 
* FiberNet Telecom Group, Inc. 99,966  718 
*^ 8X8 Inc. 697,676  684 
* Kratos Defense & Security Inc. 358,133  652 
* XETA Technologies Inc. 167,649  627 
* iBasis, Inc. 136,114  558 
* Fibertower Corp. 311,107  548 
* LCC International, Inc. Class A 246,064  386 
   Warwick Valley Telephone Co. 29,511  349 
   Arbinet Holdings, Inc. 75,960  318 
* Virgin Mobile USA, Inc.-A 155,300  315 
   D&E Communications, Inc. 34,092  303 
*^ Multiband Corp. 33,188  74 
* UCN Inc. 21,050  66 
* Metro One Telecommunications, Inc. 62,638  49 
* GoAmerica, Inc. 5,786  38 
   IDT Corp. 7,368  25 
* Fusion Telecommunications International, Inc. 36,100  11 

        199,786 

   Utilities (5.3%)
* NRG Energy, Inc. 1,121,396  43,723 
* Reliant Energy, Inc. 1,640,326  38,794 
* Mirant Corp. 1,018,245  37,054 
   Equitable Resources, Inc. 579,538  34,135 
   Wisconsin Energy Corp. 557,188  24,511 
   ONEOK, Inc. 494,575  22,073 
   MDU Resources Group, Inc. 869,697  21,351 
   Energen Corp. 342,375  21,330 
   SCANA Corp. 556,101  20,342 
   Alliant Energy Corp. 537,589  18,821 
   National Fuel Gas Co. 397,960  18,788 
   Energy East Corp. 755,476  18,222 
   Northeast Utilities 738,731  18,128 
   Puget Energy, Inc. 615,060  15,912 
   NSTAR 509,298  15,498 
   Sierra Pacific Resources 1,114,231  14,073 
   DPL Inc. 541,571  13,886 
   OGE Energy Corp. 438,057  13,654 
   Southern Union Co. 585,522  13,625 
   UGI Corp. Holding Co. 509,219  12,690 
   AGL Resources Inc. 362,607  12,445 
   ITC Holdings Corp. 234,149  12,190 
^ Aqua America, Inc. 635,790  11,940 
   Atmos Energy Corp. 427,674  10,906 
   Westar Energy, Inc. 461,412  10,506 
   Great Plains Energy, Inc. 410,803  10,126 
   Vectren Corp. 364,929  9,791 
   Hawaiian Electric Industries Inc. 397,010  9,477 
^ Piedmont Natural Gas, Inc. 348,594  9,154 
   WGL Holdings Inc. 235,596  7,553 
   IDACORP, Inc. 214,561  6,890 
   Black Hills Corp. 179,997  6,440 
   Cleco Corp. 286,143  6,347 
   New Jersey Resources Corp. 198,590  6,166 
* Aquila, Inc. 1,792,196  5,753 
   Southwest Gas Corp. 204,209  5,710 
   Northwest Natural Gas Co. 125,583  5,455 
   Otter Tail Corp. 142,533  5,044 
   South Jersey Industries, Inc. 141,329  4,962 
   Avista Corp. 252,779  4,944 
   ALLETE, Inc. 123,635  4,775 
* El Paso Electric Co. 215,723  4,610 
   PNM Resources Inc. 366,962  4,576 
   NorthWestern Corp. 185,475  4,520 
   California Water Service Group 98,423  3,755 
   UniSource Energy Corp. 168,515  3,751 
   The Laclede Group, Inc. 103,895  3,702 
   UIL Holdings Corp. 120,019  3,616 
   MGE Energy, Inc. 104,680  3,565 
   Portland General Electric Co. 146,106  3,295 
   Empire District Electric Co. 159,841  3,237 
   Ormat Technologies Inc. 72,179  3,104 
   American States Water Co. 82,156  2,958 
   CH Energy Group, Inc. 64,752  2,519 
   EnergySouth, Inc. 37,943  1,980 
   SJW Corp. 64,268  1,837 
   Southwest Water Co. 123,625  1,369 
   Connecticut Water Services, Inc. 53,269  1,261 
* Cadiz Inc. 81,878  1,259 
   Chesapeake Utilities Corp. 31,382  930 
   Central Vermont Public Service Corp. 36,610  875 
   Middlesex Water Co. 46,177  839 
* Ocean Power Technologies, Inc. 64,606  789 
* Maine & Maritimes Corp. 26,103  726 
   Unitil Corp. 23,826  642 
   The York Water Co. 20,947  314 
* Pure Cycle Corp. 50,876  283 
   Artesian Resources Corp Class A 14,781  274 
* Renegy Holdings, Inc. 26,965  116 

        663,886 

   Other (0.0%)
1 Miscellaneous Security    6,052 




   Total Common Stocks
   (Cost $11,483,870)    12,516,161 



   Temporary Cash Investments (5.4%)



   Money Market Fund (5.4%)
2 Vanguard Market Liquidity Fund, 2.800% 667,084,298  667,084 
    
Face
     Amount
     ($000)

   U.S. Government & Agency Obligation (0.0%)
3 Federal National Mortgage Assn.
4 2.701%, 4/21/08 3,000  2,996 



   Total Temporary Cash Investments
   (Cost $670,080)    670,080 



   Total Investments (105.1%)
   (Cost $12,153,950)    13,186,241 



   Other Assets and Liabilities - Net (-5.1%)    (634,623)



   Net Assets (100%)    12,551,618 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Securities representing up to 5% of the market value of unaffiliated securities are permitted to be combined and reported as "miscellaneous securities" provided that they have been held for less than one year and not previously reported by name.
2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
3 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
4 Securities with a value of $2,996,000 have been segregated as initial margin for open futures contracts.
REIT - Real Estate Investment Trust.
ADR - American Depositary Receipt.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

At March 31, 2008, the cost of investment securities for tax purposes was $12,153,950,000. Net unrealized appreciation of investment securities for tax purposes was $1,032,291,000, consisting of unrealized gains of $3,046,614,000 on securities that had risen in value since their purchase and $2,014,323,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 100.0% and 5.1%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At March 31, 2008, the aggregate settlement value of open futures contracts expiring in June 2008 and the related unrealized appreciation (depreciation) were:


($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

Russell 2000 Index 34  11,730  446 
E-mini Russell 2000 Index 145  10,005  28 
E-mini S&P Midcap Index 110  8,597  178 
S&P Midcap Index 1,563  31 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities. Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table sumamrizes the inputs used to value the fund's net assets as of March 31, 2008:


Valuation Inputs Investments
in Securities
($000)
Futures
Contracts
($000)

Level 1- Quoted Prices 13,183,245  683 

Level 2- Other Significant Observable Inputs 2,996 

Level 3- Significant Unobservable Inputs

  Total 13,186,241  683 


Vanguard Total Stock Market Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (99.5%)    



   Consumer Discretionary (9.5%)
   McDonald's Corp. 8,400,430  468,492 
   The Walt Disney Co. 12,842,623  403,001 
   Comcast Corp. Class A 19,572,257  378,527 
   Time Warner, Inc. 25,670,873  359,906 
   Home Depot, Inc. 11,986,066  335,250 
   News Corp., Class A 15,766,118  295,615 
   Target Corp. 5,608,652  284,246 
   Lowe's Cos., Inc. 10,440,483  239,505 
   NIKE, Inc. Class B 2,639,758  179,504 
* Amazon.com, Inc. 2,203,339  157,098 
* Viacom Inc. Class B 3,851,088  152,580 
   Johnson Controls, Inc. 4,217,550  142,553 
   Yum! Brands, Inc. 3,611,759  134,394 
   Carnival Corp. 3,102,288  125,581 
* DIRECTV Group, Inc. 4,933,621  122,304 
   Staples, Inc. 5,025,113  111,105 
   Best Buy Co., Inc. 2,523,654  104,631 
   TJX Cos., Inc. 3,158,969  104,467 
   Omnicom Group Inc. 2,321,777  102,576 
   Clear Channel Communications, Inc. 3,361,643  98,227 
* Kohl's Corp. 2,145,460  92,019 
* Starbucks Corp. 5,190,576  90,835 
   International Game Technology 2,240,106  90,075 
   CBS Corp. 4,032,867  89,046 
   The McGraw-Hill Cos., Inc. 2,336,664  86,340 
   Marriott International, Inc. Class A 2,350,759  80,772 
* Liberty Media Corp. 3,498,399  79,204 
* Coach, Inc. 2,615,368  78,853 
   The Gap, Inc. 3,970,838  78,146 
   Fortune Brands, Inc. 1,092,459  75,926 
   Starwood Hotels & Resorts Worldwide, Inc. 1,415,219  73,238 
   Macy's Inc. 3,077,189  70,960 
* Ford Motor Co. 12,314,517  70,439 
* Liberty Media Corp.-Interactive Series A 4,110,697  66,347 
   Harley-Davidson, Inc. 1,714,895  64,309 
^ General Motors Corp. 3,217,783  61,299 
   J.C. Penney Co., Inc. (Holding Co.) 1,496,766  56,443 
* Las Vegas Sands Corp. 757,216  55,761 
* Bed Bath & Beyond, Inc. 1,881,966  55,518 
*^ Sears Holdings Corp. 537,992  54,924 
* GameStop Corp. Class A 1,029,500  53,235 
   Mattel, Inc. 2,605,689  51,853 
   VF Corp. 625,234  48,462 
   H & R Block, Inc. 2,321,058  48,185 
   Genuine Parts Co. 1,192,560  47,965 
   Gannett Co., Inc. 1,649,765  47,926 
   Whirlpool Corp. 549,335  47,671 
^ Garmin Ltd. 847,689  45,784 
   Newell Rubbermaid, Inc. 1,983,833  45,370 
   Tim Hortons, Inc. 1,330,164  45,292 
   Wynn Resorts Ltd. 446,838  44,970 
   Abercrombie & Fitch Co. 611,487  44,724 
* Liberty Global, Inc. Class A 1,278,590  43,574 
* Apollo Group, Inc. Class A 1,004,608  43,399 
   Nordstrom, Inc. 1,319,517  43,016 
* DISH Network Corp. 1,485,978  42,692 
* Liberty Global, Inc. Series C 1,294,195  42,035 
* MGM Mirage, Inc. 709,551  41,700 
* Discovery Holding Co. Class A 1,911,769  40,568 
   Tiffany & Co. 963,871  40,328 
   Sherwin-Williams Co. 758,847  38,732 
   Limited Brands, Inc. 2,258,672  38,623 
* AutoZone Inc. 322,896  36,755 
   Eastman Kodak Co. 2,046,501  36,162 
   BorgWarner, Inc. 823,737  35,445 
* Cablevision Systems NY Group Class A 1,640,006  35,145 
* The Goodyear Tire & Rubber Co. 1,350,382  34,840 
^ Royal Caribbean Cruises, Ltd. 981,039  32,276 
* Time Warner Cable, Inc. 1,281,256  32,006 
   D. R. Horton, Inc. 2,014,727  31,732 
*^ Priceline.com, Inc. 258,876  31,288 
   Darden Restaurants Inc. 958,287  31,192 
* Expedia, Inc. 1,380,253  30,214 
*^ CarMax, Inc. 1,549,236  30,086 
   Black & Decker Corp. 444,684  29,394 
   Ross Stores, Inc. 974,814  29,205 
* IAC/InterActiveCorp 1,375,815  28,562 
*^ Sirius Satellite Radio, Inc. 9,922,742  28,379 
* Interpublic Group of Cos., Inc. 3,351,287  28,184 
   Virgin Media Inc. 1,978,693  27,840 
*^ Mohawk Industries, Inc. 388,680  27,833 
   Hasbro, Inc. 993,457  27,717 
   Comcast Corp. Special Class A 1,448,717  27,482 
   Autoliv, Inc. 539,012  27,058 
   Washington Post Co. Class B 40,812  26,997 
   E.W. Scripps Co. Class A 628,036  26,384 
   Wyndham Worldwide Corp. 1,263,696  26,133 
* XM Satellite Radio Holdings, Inc. 2,234,667  25,967 
* Urban Outfitters, Inc. 826,134  25,899 
   The Stanley Works 526,070  25,051 
   Advance Auto Parts, Inc. 716,828  24,408 
   Polo Ralph Lauren Corp. 414,369  24,154 
   American Eagle Outfitters, Inc. 1,375,925  24,092 
* Penn National Gaming, Inc. 523,210  22,880 
   Pulte Homes, Inc. 1,548,520  22,531 
* Toll Brothers, Inc. 948,023  22,260 
* O'Reilly Automotive, Inc. 776,406  22,143 
* Office Depot, Inc. 1,941,959  21,459 
   Centex Corp. 865,183  20,946 
   Service Corp. International 1,979,550  20,073 
   Snap-On Inc. 389,631  19,813 
* Hanesbrands Inc. 677,900  19,795 
   WABCO Holdings Inc. 432,798  19,744 
*^ Lamar Advertising Co. Class A 534,861  19,218 
   PetSmart, Inc. 917,056  18,745 
* Dollar Tree,Inc. 677,759  18,699 
   Family Dollar Stores, Inc. 950,197  18,529 
   Leggett & Platt, Inc. 1,211,281  18,472 
* LKQ Corp. 820,094  18,428 
^ New York Times Co. Class A 965,649  18,231 
   DeVry, Inc. 431,795  18,066 
   Harman International Industries, Inc. 409,094  17,812 
* NVR, Inc. 29,122  17,400 
   Tupperware Brands Corp. 438,791  16,972 
   Lennar Corp. Class A 900,384  16,936 
   Gentex Corp. 976,250  16,743 
* Dick's Sporting Goods, Inc. 603,457  16,161 
^ Williams-Sonoma, Inc. 657,463  15,937 
   Strayer Education, Inc. 103,291  15,752 
   Phillips-Van Heusen Corp. 402,381  15,258 
* Aeropostale, Inc. 549,993  14,910 
* AutoNation, Inc. 983,880  14,729 
   Burger King Holdings Inc. 530,205  14,665 
   RadioShack Corp. 888,265  14,434 
* Big Lots Inc. 644,431  14,371 
   Wendy's International, Inc. 623,093  14,369 
   Brinker International, Inc. 751,739  13,945 
   Guess ?, Inc. 336,196  13,606 
^ KB Home 543,264  13,435 
* DreamWorks Animation SKG, Inc. 511,299  13,181 
   Orient-Express Hotel Ltd. 302,899  13,073 
* ITT Educational Services, Inc. 283,951  13,042 
   Foot Locker, Inc. 1,103,030  12,983 
   Liz Claiborne, Inc. 710,567  12,897 
* Lear Corp. 495,202  12,831 
* The Warnaco Group, Inc. 325,118  12,823 
* J. Crew Group, Inc. 284,921  12,585 
   Sotheby's 427,569  12,361 
* Getty Images, Inc. 382,440  12,238 
*^ Netflix.com, Inc. 351,542  12,181 
* Chipotle Mexican Grill, Inc. Class B 125,371  12,172 
* Jarden Corp. 555,167  12,069 
* Bally Technologies Inc. 350,335  12,030 
   John Wiley & Sons Class A 291,499  11,573 
* Jack in the Box Inc. 426,528  11,461 
* Saks Inc. 918,250  11,451 
   MDC Holdings, Inc. 261,048  11,431 
   Barnes & Noble, Inc. 371,883  11,398 
* Marvel Entertainment, Inc. 419,375  11,235 
*^ Chipotle Mexican Grill, Inc. 97,929  11,108 
* WMS Industries, Inc. 306,209  11,014 
   Wolverine World Wide, Inc. 373,916  10,847 
* AnnTaylor Stores Corp. 445,024  10,761 
   Matthews International Corp. 220,995  10,663 
* Fossil, Inc. 347,146  10,602 
   Weight Watchers International, Inc. 227,486  10,539 
* The Cheesecake Factory Inc. 482,542  10,515 
* Scientific Games Corp. 496,996  10,492 
   Meredith Corp. 273,307  10,454 
   OfficeMax, Inc. 539,668  10,329 
^ Polaris Industries, Inc. 250,034  10,254 
   Brunswick Corp. 626,655  10,008 
   Ryland Group, Inc. 300,115  9,871 
* Tractor Supply Co. 248,334  9,814 
*^ Crocs, Inc. 561,478  9,809 
   Regal Entertainment Group Class A 507,226  9,784 
* Sonic Corp. 434,225  9,570 
* Deckers Outdoor Corp. 87,726  9,459 
*^ Vail Resorts Inc. 194,425  9,389 
* Tenneco Automotive, Inc. 333,485  9,318 
*^ Panera Bread Co. 220,308  9,229 
* TRW Automotive Holdings Corp. 394,112  9,210 
   International Speedway Corp. 220,517  9,085 
* Gaylord Entertainment Co. 295,466  8,950 
* Chico's FAS, Inc. 1,255,599  8,927 
* Quiksilver, Inc. 897,626  8,806 
* Rent-A-Center, Inc. 476,248  8,739 
   Arbitron Inc. 201,021  8,676 
* The Gymboree Corp. 216,869  8,649 
* Gemstar-TV Guide International, Inc. 1,836,402  8,631 
   Regis Corp. 313,824  8,627 
* Lions Gate Entertainment Corp. 861,479  8,399 
   Men's Wearhouse, Inc. 360,922  8,399 
   Choice Hotels International, Inc. 246,001  8,391 
* Career Education Corp. 648,715  8,252 
   Jones Apparel Group, Inc. 608,918  8,172 
   Boyd Gaming Corp. 407,161  8,143 
* Bright Horizons Family Solutions, Inc. 188,465  8,112 
^ Thor Industries, Inc. 260,059  7,742 
   Interactive Data Corp. 268,167  7,635 
* CTC Media, Inc. 270,623  7,510 
   Dillard's Inc. 434,032  7,470 
*^ Life Time Fitness, Inc. 238,353  7,439 
*^ Under Armour, Inc. 203,210  7,437 
* Viacom Inc. Class A 187,325  7,424 
* Scholastic Corp. 236,261  7,152 
* Exide Technologies 540,481  7,080 
^ Pool Corp. 372,011  7,027 
   Bob Evans Farms, Inc. 252,447  6,965 
*^ Zale Corp. 349,462  6,905 
   CBRL Group, Inc. 192,625  6,890 
   Callaway Golf Co. 467,593  6,864 
   American Greetings Corp. Class A 360,702  6,691 
   National CineMedia Inc. 296,797  6,672 
* Morningstar, Inc. 108,717  6,670 
   American Axle & Manufacturing Holdings, Inc. 321,722  6,595 
   Aaron Rents, Inc. 305,320  6,577 
* CEC Entertainment Inc. 227,102  6,559 
   Belo Corp. Class A 618,903  6,542 
* Carter's, Inc. 401,153  6,479 
   Cooper Tire & Rubber Co. 419,969  6,287 
* Iconix Brand Group Inc. 360,715  6,258 
* Pacific Sunwear of California, Inc. 478,860  6,038 
^ Ethan Allen Interiors, Inc. 212,227  6,034 
* Live Nation, Inc. 480,454  5,828 
^ IHOP Corp. 117,041  5,606 
*^ Blue Nile Inc. 103,467  5,603 
* Collective Brands, Inc. 462,191  5,602 
* Champion Enterprises, Inc. 553,591  5,552 
* Pinnacle Entertainment, Inc. 431,831  5,527 
* Tween Brands, Inc. 221,953  5,491 
   ArvinMeritor, Inc. 438,472  5,485 
*^ P.F. Chang's China Bistro, Inc. 192,511  5,475 
   The Buckle, Inc. 121,809  5,448 
   Domino's Pizza, Inc. 403,812  5,447 
^ Columbia Sportswear Co. 119,683  5,270 
   Harte-Hanks, Inc. 375,324  5,131 
   Brown Shoe Co., Inc. 335,838  5,061 
* Pier 1 Imports Inc. 786,991  4,942 
   Penske Automotive Group Inc. 253,700  4,937 
* The Dress Barn, Inc. 375,762  4,862 
   News Corp., Class B 250,673  4,773 
* JAKKS Pacific, Inc. 168,735  4,652 
* Papa John's International, Inc. 190,138  4,603 
   Stage Stores, Inc. 284,111  4,603 
* Coinstar, Inc. 162,492  4,572 
*^ Blockbuster Inc. Class A 1,360,819  4,436 
* Skechers U.S.A., Inc. 214,743  4,340 
* Timberland Co. 315,436  4,331 
* Hibbett Sports Inc. 279,376  4,314 
* Corinthian Colleges, Inc. 584,894  4,229 
   CKE Restaurants Inc. 374,812  4,205 
   Stewart Enterprises, Inc. Class A 646,864  4,153 
   CBS Corp. Class A 187,325  4,140 
^ Winnebago Industries, Inc. 238,975  4,039 
* Helen of Troy Ltd. 239,505  4,016 
   Group 1 Automotive, Inc. 169,323  3,976 
* The Children's Place Retail Stores, Inc. 159,874  3,926 
*^ Cabela's Inc. 276,440  3,914 
*^ INVESTools Inc. 355,153  3,903 
* Charming Shoppes, Inc. 792,338  3,827 
* Valassis Communications, Inc. 352,417  3,824 
* Red Robin Gourmet Burgers, Inc. 99,706  3,746 
   Idearc Inc. 1,022,203  3,721 
^ Standard Pacific Corp. 761,023  3,699 
^ Furniture Brands International Inc. 315,815  3,695 
* Visteon Corp. 981,304  3,690 
   K-Swiss, Inc. 230,352  3,644 
*^ Hovnanian Enterprises Inc. Class A 342,229  3,628 
* Pre-Paid Legal Services, Inc. 84,557  3,586 
^ Tempur-Pedic International Inc. 325,248  3,578 
   Blyth, Inc. 179,471  3,539 
   Cato Corp. Class A 236,109  3,527 
   Modine Manufacturing Co. 240,203  3,481 
* Texas Roadhouse, Inc. 352,087  3,450 
   Sonic Automotive, Inc. 167,754  3,447 
* 99 Cents Only Stores 344,694  3,409 
*^ Jos. A. Bank Clothiers, Inc. 165,589  3,395 
   The Pep Boys (Manny, Moe & Jack) 330,848  3,295 
* Genesco, Inc. 141,706  3,275 
*^ Meritage Corp. 169,235  3,270 
* Drew Industries, Inc. 133,031  3,254 
   Hearst-Argyle Television Inc. 156,926  3,237 
* Charlotte Russe Holding Inc. 181,641  3,150 
   Ameristar Casinos, Inc. 170,551  3,113 
*^ NutriSystem, Inc. 204,551  3,083 
* Steiner Leisure Ltd. 93,136  3,073 
^ Superior Industries International, Inc. 146,513  3,040 
* Sally Beauty Co. Inc. 429,926  2,966 
   Fred's, Inc. 282,453  2,895 
   Churchill Downs, Inc. 60,787  2,872 
*^ CSK Auto Corp. 306,971  2,858 
   Sinclair Broadcast Group, Inc. 320,214  2,853 
*^ Buffalo Wild Wings Inc. 115,502  2,830 
^ Citadel Broadcasting Corp. 1,703,736  2,828 
* Cox Radio, Inc. 238,003  2,827 
   Christopher & Banks Corp. 282,079  2,818 
   Asbury Automotive Group, Inc. 201,691  2,775 
   Movado Group, Inc. 141,350  2,755 
* Entravision Communications Corp. 411,417  2,740 
* Aftermarket Technology Corp. 139,595  2,714 
   CKX, Inc. 282,598  2,690 
   Jackson Hewitt Tax Service Inc. 234,085  2,685 
   Entercom Communications Corp. 269,758  2,679 
   Ruby Tuesday, Inc. 354,790  2,661 
^ La-Z-Boy Inc. 315,977  2,635 
* R.H. Donnelley Corp. 516,704  2,615 
* Amerigon Inc. 175,687  2,600 
   UniFirst Corp. 70,078  2,599 
   Circuit City Stores, Inc. 647,965  2,579 
   The Marcus Corp. 133,403  2,561 
^ Borders Group, Inc. 436,078  2,560 
^ Lee Enterprises, Inc. 248,311  2,486 
   Cinemark Holdings Inc. 187,000  2,392 
* Denny's Corp. 802,429  2,391 
   World Wrestling Entertainment, Inc. 127,499  2,373 
* AH Belo Corp. 206,786  2,364 
* Morgans Hotel Group 157,157  2,329 
^ Landry's Restaurants, Inc. 142,104  2,313 
* Midas Inc. 133,320  2,292 
*^ True Religion Apparel, Inc. 121,549  2,255 
* Steven Madden, Ltd. 130,380  2,233 
   Speedway Motorsports, Inc. 88,972  2,231 
* RC2 Corp. 105,565  2,214 
   FTD Group, Inc. 164,617  2,209 
   Journal Communications, Inc. 298,793  2,205 
* California Pizza Kitchen, Inc. 167,941  2,202 
   RCN Corp. 195,742  2,188 
*^ Knology, Inc. 165,993  2,150 
   Triarc Cos., Inc. Class B 309,199  2,137 
* Universal Electronics, Inc. 88,157  2,134 
   Oxford Industries, Inc. 94,094  2,120 
* The Wet Seal, Inc. Class A 616,554  2,090 
* Perry Ellis International Corp. 94,987  2,074 
   CSS Industries, Inc. 58,745  2,054 
* Hayes Lemmerz International, Inc. 730,792  2,039 
* Peet's Coffee & Tea Inc. 86,409  2,031 
* DG FastChannel Inc. 105,640  2,026 
*^ Core-Mark Holding Co., Inc. 69,876  2,008 
* Nexcen Brands, Inc. 571,700  1,961 
* Great Wolf Resorts, Inc. 306,722  1,957 
^ Cherokee Inc. 57,985  1,952 
   Carmike Cinemas, Inc. 187,700  1,930 
* Steinway Musical Instruments Inc. 66,852  1,907 
* Stoneridge, Inc. 141,729  1,906 
* Unifi, Inc. 646,574  1,869 
* REX Stores Corp. 94,659  1,862 
   O'Charley's Inc. 160,962  1,854 
* Cache, Inc. 163,302  1,844 
* PetMed Express, Inc. 165,574  1,836 
^ Sealy Corp. 239,078  1,817 
* GSI Commerce, Inc. 137,382  1,807 
* Leapfrog Enterprises, Inc. 254,395  1,793 
   Strattec Security Corp. 42,252  1,789 
   Bassett Furniture Industries, Inc. 144,672  1,785 
^ Brookfield Homes Corp. 105,217  1,768 
*^ Source Interlink Cos., Inc. 927,751  1,763 
   Ambassadors Group, Inc. 93,313  1,763 
* Maidenform Brands, Inc. 107,282  1,745 
   Hooker Furniture Corp. 77,847  1,739 
^ The McClatchy Co. Class A 162,330  1,737 
   Gray Television, Inc. 304,015  1,730 
* Universal Technical Institute Inc. 146,804  1,722 
* Volcom, Inc. 84,509  1,708 
   bebe stores, inc. 158,781  1,707 
* Jo-Ann Stores, Inc. 115,149  1,696 
* Sturm, Ruger & Co., Inc. 205,296  1,692 
* Cumulus Media Inc. 264,509  1,688 
^ Talbots Inc. 155,032  1,671 
*^ Zumiez Inc. 106,492  1,671 
* Mediacom Communications Corp. 384,719  1,666 
   Monro Muffler Brake, Inc. 98,477  1,664 
*^ Raser Technologies, Inc. 193,100  1,659 
*^ Shuffle Master, Inc. 309,802  1,657 
* Rentrak Corp. 137,178  1,657 
*^ Gaiam, Inc. 95,623  1,656 
* Capella Education Co. 30,238  1,651 
*^ WCI Communities, Inc. 488,692  1,637 
* Carriage Services, Inc. 208,814  1,631 
^ CPI Corp. 92,280  1,594 
   Libbey, Inc. 92,779  1,562 
   Monaco Coach Corp. 162,110  1,537 
   Media General, Inc. Class A 109,565  1,536 
* America's Car-Mart, Inc. 121,756  1,533 
   Beazer Homes USA, Inc. 162,068  1,532 
* Alloy, Inc. 208,361  1,531 
* BJ's Restaurants Inc. 105,705  1,523 
*^ Charter Communications, Inc. 1,779,504  1,516 
* Monarch Casino & Resort, Inc. 85,378  1,512 
* Fuel Systems Solutions, Inc. 112,801  1,504 
* Cavco Industries, Inc. 42,459  1,488 
* 1-800-FLOWERS.COM, Inc. 173,271  1,475 
   Big 5 Sporting Goods Corp. 167,487  1,469 
* Audiovox Corp. 136,730  1,460 
* drugstore.com, Inc. 657,450  1,460 
*^ Martha Stewart Living Omnimedia, Inc. 194,925  1,448 
   Weyco Group, Inc. 48,015  1,425 
*^ Fleetwood Enterprises, Inc. 303,019  1,394 
* Hot Topic, Inc. 319,676  1,378 
^ Systemax Inc. 113,958  1,374 
* Lin TV Corp. 142,037  1,365 
*^ MTR Gaming Group Inc. 194,881  1,364 
^ Stein Mart, Inc. 240,556  1,352 
* The Princeton Review, Inc. 169,728  1,336 
* AFC Enterprises, Inc. 145,520  1,308 
* PC Mall, Inc. 121,277  1,289 
   Kenneth Cole Productions, Inc. 75,697  1,282 
* Select Comfort Corp. 356,026  1,282 
   Stanley Furniture Co., Inc. 103,082  1,279 
   Spartan Motors, Inc. 150,459  1,273 
* Steak n Shake Co. 159,184  1,253 
* Spanish Broadcasting System, Inc. 699,104  1,237 
* Russ Berrie and Co., Inc. 86,862  1,221 
   Sauer-Danfoss, Inc. 54,471  1,206 
   National Presto Industries, Inc. 22,530  1,181 
* Restoration Hardware, Inc. 269,338  1,169 
*^ Avatar Holding, Inc. 26,732  1,165 
* Playboy Enterprises, Inc. Class B 139,025  1,158 
* Red Lion Hotels Corp. 134,013  1,147 
* A.C. Moore Arts & Crafts, Inc. 167,863  1,145 
* ValueVision Media, Inc. 206,046  1,141 
^ Warner Music Group Corp. 229,096  1,141 
* MarineMax, Inc. 91,527  1,140 
*^ Casual Male Retail Group, Inc. 269,847  1,133 
* Coldwater Creek Inc. 223,338  1,128 
* Tuesday Morning Corp. 216,859  1,123 
   Dover Downs Gaming & Entertainment, Inc. 131,299  1,117 
*^ DSW Inc. Class A 86,029  1,114 
* Ruth's Chris Steak House Inc. 157,408  1,088 
   Finish Line, Inc. 227,656  1,084 
*^ Smith & Wesson Holding Corp. 215,760  1,083 
* Nexstar Broadcasting Group, Inc. 183,284  1,081 
^ GateHouse Media, Inc. 184,881  1,080 
* G-III Apparel Group, Ltd. 78,883  1,059 
* Morton's Restaurant Group Inc. 132,981  1,055 
* Progressive Gaming International Corp. 495,591  1,051 
*^ Overstock.com, Inc. 87,996  1,048 
   Haverty Furniture Cos., Inc. 94,958  1,010 
* Fisher Communications, Inc. 32,127  1,001 
^ PRIMEDIA Inc. 135,868  999 
* Stamps.com Inc. 97,175  997 
   Skyline Corp. 35,529  988 
* 4Kids Entertainment Inc. 100,403  981 
* McCormick & Schmick's Seafood Restaurants, Inc. 83,802  976 
   Arctic Cat, Inc. 133,319  972 
*^ Trump Entertainment Resorts, Inc. 269,864  972 
* Riviera Holdings Corp. 47,000  969 
* Famous Dave's of America, Inc. 101,480  968 
* Saga Communications, Inc. 172,759  967 
   Standard Motor Products, Inc. 152,029  930 
*^ Conn's, Inc. 56,748  926 
   Dover Motorsports, Inc. 143,904  885 
*^ LodgeNet Interactive Corp. 145,190  884 
* Hastings Entertainment, Inc. 110,957  872 
* Dorman Products, Inc. 80,346  864 
* Harris Interactive Inc. 314,490  859 
* Radio One, Inc. Class D 559,046  850 
^ M/I Homes, Inc. 49,298  837 
* Retail Ventures, Inc. 170,345  826 
*^ Eddie Bauer Holding, Inc. 211,048  821 
* Citi Trends Inc. 44,168  815 
   Noble International, Ltd. 128,854  805 
*^ Premier Exhibitions Inc. 131,540  795 
* Luby's, Inc. 109,281  774 
* New York & Co., Inc. 134,481  772 
* Shutterfly, Inc. 51,800  770 
* Cosi, Inc. 268,359  770 
^ Nautilus Inc. 231,429  761 
* Bluegreen Corp. 110,843  743 
*^ Build-A-Bear-Workshop, Inc. 81,652  742 
   Escalade, Inc. 83,141  737 
* Daily Journal Corp. 16,429  731 
   Marine Products Corp. 89,904  726 
*^ Cost Plus, Inc. 216,785  726 
*^ Isle of Capri Casinos, Inc. 100,409  718 
   Lithia Motors, Inc. 69,247  704 
* Outdoor Channel Holdings Inc. 94,530  695 
* Town Sports International Holdings, Inc. 104,570  670 
* Interstate Hotels & Resorts, Inc. 140,111  670 
* Emmis Communications, Inc. 190,046  661 
* Multimedia Games Inc. 122,511  654 
*^ Heelys Inc. 152,411  654 
*^ Krispy Kreme Doughnuts, Inc. 212,596  648 
* Reading International Inc. Class A 68,241  647 
* The Dixie Group, Inc. 76,344  640 
*^ Jamba Inc. 232,726  617 
* Benihana Inc. Class A 54,478  614 
* Lodgian, Inc. 54,756  611 
*^ West Marine, Inc. 86,840  605 
* Shoe Carnival, Inc. 44,471  602 
* New Motion, Inc. 135,281  595 
* Mothers Work, Inc. 35,489  593 
   Johnson Outdoors Inc. 34,165  584 
* Trans World Entertainment Corp. 154,191  580 
*^ Quantum Fuel Systems Technologies Worldwide, Inc. 595,226  565 
*^ Design Within Reach Inc. 189,802  541 
^ Bon-Ton Stores, Inc. 98,173  537 
*^ Palm Harbor Homes, Inc. 102,033  537 
   Salem Communications Corp. 131,120  526 
* Hartmarx Corp. 176,276  515 
* Ashworth, Inc. 177,641  508 
* Carrols Restaurant Group Inc. 56,662  506 
* dELiA*S, Inc. 186,345  498 
^ Lifetime Brands, Inc. 52,092  466 
*^ iRobot Corp. 26,910  460 
* California Coastal Communities, Inc. 94,408  457 
   Triarc Cos., Inc. Class A 69,353  437 
* Hallwood Group Inc. 7,300  431 
   Books-a-Million Inc. 48,638  425 
* Benihana Inc. 37,839  423 
*^ Gander Mountain Co. 68,621  417 
   Coachmen Industries, Inc. 134,445  401 
^ Ambassadors International, Inc. 54,040  400 
   Craftmade International, Inc. 48,916  394 
* Rubio's Restaurants, Inc. 66,504  380 
*^ Empire Resorts Inc. 276,955  379 
* Radio One, Inc. 248,587  378 
*^ Syntax-Brillian Corp. 384,711  377 
   Shiloh Industries, Inc. 32,722  366 
* Hollywood Media Corp. 148,136  356 
* Pomeroy IT Solutions, Inc. 64,211  355 
* Century Casinos, Inc. 105,193  341 
*^ Navarre Corp. 190,558  335 
* Sun-Times Media Group, Inc. 438,144  315 
   Lennar Corp. Class B 18,034  311 
* Lenox Group, Inc. 173,215  307 
* Blockbuster Inc. Class B 104,887  299 
* NTN Communications, Inc. 497,306  298 
* Regent Communications, Inc. 223,813  280 
* Youbet.com, Inc. 343,084  278 
*^ Six Flags, Inc. 160,985  264 
* Duckwall-ALCO Stores, Inc. 23,108  263 
* Levitt Corp. Class A 132,881  263 
   Beasley Broadcast Group, Inc. 72,714  259 
* Private Media Group, Inc. 187,387  259 
* Sport Chalet, Inc. Class A 48,300  251 
* S&K Famous Brands Inc. 41,491  248 
* Lakes Entertainment, Inc. 55,635  246 
^ Charles & Colvard Ltd. 191,246  235 
   Canterbury Park Holding Corp. 23,700  224 
^ Orleans Homebuilders, Inc. 37,570  214 
*^ Hovnanian Enterprises 19,300  205 
*^ Tarragon Corp. 93,270  201 
* Proliance International Inc. 106,628  194 
   Aaron Rents, Inc. Class A 10,125  192 
* Buca, Inc. 282,386  184 
   Cobra Electronics Corp. 43,655  166 
* Joe's Jeans, Inc. 136,389  155 
* Emerson Radio Corp. 135,771  149 
* Directed Electronics Inc. 71,052  148 
* Young Broadcasting Inc. 167,943  128 
* Nevada Gold & Casinos, Inc. 101,103  126 
* Acme Communications, Inc. 58,200  118 
* Lazare Kaplan International, Inc. 13,848  116 
* Kirkland's, Inc. 80,095  100 
* Fairchild Corp. 42,272  96 
* Concord Camera Corp. 24,341  91 
^ Journal Register Co. 181,458  91 
* Triple Crown Media, Inc. 32,411  90 
* Magna Entertainment Corp. Class A 194,952  66 
   Tandy Brands Accessories, Inc. 12,990  63 
* Tarrant Apparel Group, Inc. 89,701  63 
* Wilsons The Leather Experts Inc. 283,103  60 
* Meade Instruments Corp. 37,949  49 
* Max & Erma's Restaurant, Inc. 15,300  40 
* Rockford Corp. 24,690  40 
* Finlay Enterprises, Inc. 37,706  24 
* SPAR Group, Inc. 16,174  22 
*^ Comstock Homebuilding Cos., Inc. 22,494  19 
   Building Materials Holding Corp. 2,649  12 
* Westwood One, Inc. 5,484  12 
* Sport Chalet, Inc. 1,825 
* IAC InterActiveCorp Warrants Exp. 2/4/09 38 
^ Gadzooks, Inc. 257,226 

        9,700,437 

   Consumer Staples (9.6%)
   The Procter & Gamble Co. 22,057,202  1,545,548 
   The Coca-Cola Co. 14,771,709  899,154 
   Wal-Mart Stores, Inc. 17,065,754  899,024 
   PepsiCo, Inc. 11,432,470  825,424 
   Philip Morris International Inc. 14,898,355  753,559 
   CVS/Caremark Corp. 10,488,899  424,905 
   Kraft Foods Inc. 10,988,838  340,764 
   Altria Group, Inc. 14,959,555  332,102 
   Colgate-Palmolive Co. 3,620,515  282,074 
   Walgreen Co. 7,040,949  268,190 
   Anheuser-Busch Cos., Inc. 5,211,616  247,291 
   Costco Wholesale Corp. 3,084,446  200,396 
   Kimberly-Clark Corp. 3,004,768  193,958 
   Archer-Daniels-Midland Co. 4,109,505  169,147 
   General Mills, Inc. 2,385,851  142,865 
   Sysco Corp. 4,319,453  125,351 
   Avon Products, Inc. 3,047,363  120,493 
   The Kroger Co. 4,595,234  116,719 
   H.J. Heinz Co. 2,250,822  105,721 
   Kellogg Co. 1,958,314  102,929 
   Safeway, Inc. 3,142,125  92,221 
   ConAgra Foods, Inc. 3,460,835  82,887 
   Wm. Wrigley Jr. Co. 1,227,296  77,123 
^ Bunge Ltd. 859,477  74,671 
   Reynolds American Inc. 1,257,155  74,210 
   Sara Lee Corp. 5,143,547  71,907 
   UST, Inc. 1,112,498  60,653 
   Carolina Group 770,182  55,877 
   The Clorox Co. 983,649  55,714 
   Campbell Soup Co. 1,636,029  55,543 
   Molson Coors Brewing Co. Class B 926,087  48,684 
   Coca-Cola Enterprises, Inc. 1,894,899  45,857 
   SuperValu Inc. 1,501,531  45,016 
   The Hershey Co. 1,121,678  42,254 
   The Estee Lauder Cos. Inc. Class A 768,183  35,221 
* Energizer Holdings, Inc. 387,492  35,060 
^ Whole Foods Market, Inc. 990,360  32,652 
   The Pepsi Bottling Group, Inc. 953,847  32,345 
   Tyson Foods, Inc. 1,928,418  30,758 
   McCormick & Co., Inc. 815,098  30,134 
   Church & Dwight, Inc. 468,501  25,411 
   Brown-Forman Corp. Class B 379,414  25,125 
* Constellation Brands, Inc. Class A 1,362,408  24,074 
   Hormel Foods Corp. 533,397  22,221 
   Dean Foods Co. 1,075,731  21,611 
* Smithfield Foods, Inc. 811,985  20,917 
   Corn Products International, Inc. 532,804  19,788 
   J.M. Smucker Co. 388,089  19,641 
* Hansen Natural Corp. 492,834  17,397 
   Herbalife Ltd. 363,128  17,249 
* BJ's Wholesale Club, Inc. 463,713  16,550 
   Alberto-Culver Co. 593,630  16,271 
   Flowers Foods, Inc. 589,664  14,594 
* Central European Distribution Corp. 245,211  14,269 
   Del Monte Foods Co. 1,442,454  13,747 
   Universal Corp. (VA) 195,480  12,810 
* NBTY, Inc. 405,739  12,152 
   PepsiAmericas, Inc. 464,810  11,867 
*^ Rite Aid Corp. 3,966,202  11,661 
   Wm. Wrigley Jr. Co. Class B 171,685  10,679 
   Ruddick Corp. 276,541  10,193 
* Ralcorp Holdings, Inc. 174,547  10,150 
   Longs Drug Stores, Inc. 216,405  9,189 
*^ Bare Escentuals, Inc. 390,254  9,140 
* Hain Celestial Group, Inc. 283,601  8,366 
* Performance Food Group Co. 252,994  8,268 
* Chattem, Inc. 115,310  7,650 
* Darling International, Inc. 579,188  7,500 
   Casey's General Stores, Inc. 325,638  7,359 
* Winn-Dixie Stores, Inc. 397,999  7,148 
   Lancaster Colony Corp. 177,973  7,112 
   Nu Skin Enterprises, Inc. 391,824  7,061 
*^ Chiquita Brands International, Inc. 301,372  6,965 
   Pilgrim's Pride Corp. 304,782  6,166 
* United Natural Foods, Inc. 284,131  5,316 
^ The Andersons, Inc. 118,177  5,272 
^ Vector Group Ltd. 298,881  5,257 
   Sanderson Farms, Inc. 134,574  5,115 
* The Great Atlantic & Pacific Tea Co., Inc. 190,723  5,001 
^ Tootsie Roll Industries, Inc. 176,882  4,457 
   WD-40 Co. 123,341  4,101 
* TreeHouse Foods Inc. 173,340  3,963 
   Nash-Finch Co. 115,737  3,933 
* Alliance One International, Inc. 603,349  3,644 
* Elizabeth Arden, Inc. 182,475  3,640 
   Lance, Inc. 179,691  3,522 
*^ Green Mountain Coffee Roasters, Inc. 107,852  3,414 
* The Pantry, Inc. 160,698  3,388 
   Seaboard Corp. 1,989  3,113 
* Boston Beer Co., Inc. Class A 63,088  2,999 
   J & J Snack Foods Corp. 107,572  2,955 
* American Oriental Bioengineering, Inc. 338,000  2,738 
   Weis Markets, Inc. 74,683  2,574 
   Spartan Stores, Inc. 117,382  2,447 
   Diamond Foods, Inc. 128,877  2,338 
   PriceSmart, Inc. 76,750  2,127 
* Prestige Brands Holdings Inc. 257,262  2,104 
^ Cal-Maine Foods, Inc. 57,370  1,915 
*^ USANA Health Sciences, Inc. 82,835  1,825 
^ Imperial Sugar Co. 95,065  1,789 
   Coca-Cola Bottling Co. 26,793  1,651 
   Reddy Ice Holdings, Inc. 110,494  1,440 
   Alico, Inc. 32,069  1,416 
* John B. Sanfilippo & Son, Inc. 157,967  1,407 
* Nutraceutical International Corp. 104,741  1,362 
   Ingles Markets, Inc. 54,259  1,334 
* Omega Protein Corp. 89,353  1,220 
^ Mannatech, Inc. 166,860  1,190 
* Central Garden & Pet Co. Class A 266,918  1,185 
   Arden Group Inc. Class A 8,101  1,158 
*^ Lifeway Foods, Inc. 104,072  1,111 
* Revlon, Inc. Class A 1,125,393  1,092 
   Tasty Baking Co. Class A 183,031  1,043 
*^ Maui Land & Pineapple Co., Inc. 31,218  996 
* Central Garden and Pet Co. 209,669  967 
   Inter Parfums, Inc. 42,466  938 
   Village Super Market Inc. Class A 17,518  902 
   Farmer Brothers, Inc. 35,298  817 
   Oil-Dri Corp. of America 45,267  810 
   MGP Ingredients, Inc. 112,453  786 
   Calavo Growers, Inc. 43,883  763 
^ Reliv International, Inc. 99,995  665 
   National Beverage Corp. 76,231  585 
* Susser Holdings Corp. 30,274  568 
*^ Medifast, Inc. 131,808  558 
   Schiff Nutrition International, Inc. 78,680  471 
*^ Jones Soda Co. 132,827  464 
   Griffin Land & Nurseries, Inc. 12,115  418 
*^ Star Scientific, Inc. 236,955  365 
* Parlux Fragrances, Inc. 118,160  347 
*^ Spectrum Brands Inc. 67,167  307 
* Zapata Corp. 40,800  284 
* Seneca Foods Corp. 11,790  248 
* Physicians Formula Holdings, Inc. 21,900  195 
* Inventure Group, Inc. 99,584  173 
* Integrated Biopharma, Inc. 19,300  57 
* Vermont Pure Holdings, Ltd. 29,700  45 

        9,752,987 

   Energy (12.4%)
   ExxonMobil Corp. 38,804,488  3,282,084 
   Chevron Corp. 14,996,018  1,280,060 
   ConocoPhillips Co. 10,792,408  822,489 
   Schlumberger Ltd. 8,493,262  738,914 
   Occidental Petroleum Corp. 5,884,724  430,585 
   Devon Energy Corp. 3,002,228  313,222 
* Transocean, Inc. 2,216,063  299,612 
   Apache Corp. 2,363,732  285,586 
   Halliburton Co. 6,261,949  246,282 
   Marathon Oil Corp. 5,044,712  230,039 
   XTO Energy, Inc. 3,436,443  212,578 
   EOG Resources, Inc. 1,747,872  209,745 
   Anadarko Petroleum Corp. 3,312,281  208,773 
   Valero Energy Corp. 3,911,729  192,105 
   Hess Corp. 2,041,658  180,033 
* Weatherford International Ltd. 2,395,118  173,574 
   Baker Hughes, Inc. 2,261,240  154,895 
* National Oilwell Varco Inc. 2,534,646  147,973 
   Chesapeake Energy Corp. 3,199,674  147,665 
   Williams Cos., Inc. 4,215,423  139,025 
   Murphy Oil Corp. 1,277,010  104,894 
   Spectra Energy Corp. 4,490,836  102,167 
   Peabody Energy Corp. 1,889,071  96,343 
   Noble Corp. 1,911,852  94,962 
   Smith International, Inc. 1,422,717  91,381 
   CONSOL Energy, Inc. 1,289,031  89,188 
   Noble Energy, Inc. 1,217,384  88,626 
* Ultra Petroleum Corp. 1,082,272  83,876 
   El Paso Corp. 4,978,581  82,844 
* Southwestern Energy Co. 2,420,292  81,540 
* Nabors Industries, Inc. 2,011,742  67,937 
   Range Resources Corp. 1,060,232  67,272 
* Cameron International Corp. 1,554,236  64,718 
   ENSCO International, Inc. 1,029,540  64,470 
   BJ Services Co. 2,081,024  59,330 
   Diamond Offshore Drilling, Inc. 493,263  57,416 
* FMC Technologies Inc. 924,562  52,598 
* Denbury Resources, Inc. 1,734,909  49,532 
* Newfield Exploration Co. 930,267  49,165 
* Grant Prideco, Inc. 902,674  44,430 
   Arch Coal, Inc. 1,016,845  44,233 
   Sunoco, Inc. 835,544  43,841 
* Plains Exploration & Production Co. 801,339  42,583 
   Pioneer Natural Resources Co. 849,113  41,708 
* Pride International, Inc. 1,186,189  41,457 
   Cabot Oil & Gas Corp. 690,058  35,083 
   Helmerich & Payne, Inc. 735,556  34,476 
   Rowan Cos., Inc. 791,148  32,579 
   Cimarex Energy Co. 586,348  32,097 
   Tesoro Corp. 973,884  29,217 
   Patterson-UTI Energy, Inc. 1,101,554  28,839 
* Exterran Holdings, Inc. 443,950  28,653 
* Forest Oil Corp. 563,638  27,596 
* Quicksilver Resources, Inc. 730,750  26,694 
* Oceaneering International, Inc. 391,814  24,684 
* Petrohawk Energy Corp. 1,212,162  24,449 
* Kinder Morgan Management, LLC 462,764  23,587 
* Superior Energy Services, Inc. 572,754  22,693 
   Massey Energy Co. 566,754  20,687 
   Frontier Oil Corp. 750,334  20,454 
   Tidewater Inc. 370,983  20,445 
* Alpha Natural Resources, Inc. 466,910  20,283 
* Core Laboratories N.V. 165,763  19,776 
* Whiting Petroleum Corp. 302,400  19,550 
* Helix Energy Solutions Group, Inc. 617,628  19,455 
* Unit Corp. 330,163  18,704 
* Atwood Oceanics, Inc. 202,922  18,612 
   St. Mary Land & Exploration Co. 446,747  17,200 
* Dresser Rand Group, Inc. 550,202  16,919 
   Foundation Coal Holdings, Inc. 322,034  16,208 
* Mariner Energy Inc. 590,293  15,944 
* Oil States International, Inc. 339,140  15,197 
*^ Hercules Offshore, Inc. 601,690  15,114 
* W-H Energy Services, Inc. 218,785  15,063 
   Overseas Shipholding Group Inc. 211,395  14,806 
* Encore Acquisition Co. 367,163  14,789 
   Holly Corp. 335,211  14,552 
* SEACOR Holdings Inc. 156,553  13,363 
* Comstock Resources, Inc. 317,011  12,776 
   Berry Petroleum Class A 272,266  12,658 
   Penn Virginia Corp. 269,489  11,882 
* Continental Resources, Inc. 359,647  11,469 
* Carrizo Oil & Gas, Inc. 193,145  11,448 
* Dril-Quip, Inc. 245,936  11,429 
* EXCO Resources, Inc. 596,969  11,044 
* Delta Petroleum Corp. 474,360  10,692 
* Global Industries Ltd. 658,058  10,588 
   Atlas America, Inc. 172,570  10,430 
* Stone Energy Corp. 189,378  9,906 
* Bill Barrett Corp. 207,364  9,798 
* Swift Energy Co. 214,315  9,642 
   Crosstex Energy, Inc. 278,735  9,463 
* Arena Resources, Inc. 231,195  8,950 
* Patriot Coal Corp. 190,373  8,942 
* Grey Wolf, Inc. 1,307,778  8,867 
* Bristow Group, Inc. 160,786  8,629 
* TETRA Technologies, Inc. 529,799  8,392 
* Willbros Group, Inc. 257,214  7,871 
   W&T Offshore, Inc. 218,340  7,448 
* Petroleum Development Corp. 106,047  7,346 
* ION Geophysical Corp. 525,626  7,254 
* Gulfmark Offshore, Inc. 132,100  7,229 
* Hornbeck Offshore Services, Inc. 157,426  7,190 
* Rosetta Resources, Inc. 365,507  7,190 
   Lufkin Industries, Inc. 110,684  7,064 
* CNX Gas Corp. 215,452  6,955 
*^ BPZ Energy, Inc. 318,678  6,925 
* Pioneer Drilling Co. 421,200  6,710 
* ATP Oil & Gas Corp. 202,197  6,616 
^ CARBO Ceramics Inc. 160,455  6,434 
*^ Cheniere Energy, Inc. 319,438  6,325 
*^ International Coal Group, Inc. 986,409  6,264 
*^ Oilsands Quest, Inc. 1,527,287  6,018 
*^ McMoRan Exploration Co. 343,688  5,942 
* Complete Production Services, Inc. 255,127  5,853 
*^ Warren Resources Inc. 450,716  5,350 
* Parallel Petroleum Corp. 270,853  5,301 
   World Fuel Services Corp. 187,631  5,267 
* Contango Oil & Gas Co. 80,575  5,206 
* Parker Drilling Co. 776,220  5,014 
* PetroQuest Energy, Inc. 274,000  4,751 
* NATCO Group Inc. 95,939  4,485 
*^ Goodrich Petroleum Corp. 148,377  4,463 
   General Maritime Corp. 185,465  4,379 
* Dawson Geophysical Co. 62,525  4,220 
* Harvest Natural Resources, Inc. 323,748  3,904 
   Gulf Island Fabrication, Inc. 129,265  3,712 
* Trico Marine Services, Inc. 93,025  3,625 
* James River Coal Co. 206,416  3,616 
*^ Enbridge Energy Management LLC 74,140  3,605 
* Matrix Service Co. 199,788  3,432 
^ Western Refining, Inc. 252,075  3,395 
* Newpark Resources, Inc. 652,660  3,329 
^ RPC Inc. 217,388  3,302 
*^ TXCO Resources Inc. 258,610  3,202 
*^ USEC Inc. 815,626  3,018 
* Bois d'Arc Energy, Inc. 135,247  2,906 
* Cal Dive International, Inc. 273,284  2,837 
* Bronco Drilling Co., Inc. 170,945  2,754 
* Basic Energy Services Inc. 124,591  2,751 
*^ Allis-Chalmers Energy Inc. 194,950  2,688 
^ Arlington Tankers Ltd. 126,007  2,646 
* T-3 Energy Services, Inc. 60,300  2,566 
*^ Gasco Energy Inc. 1,014,205  2,475 
* Clayton Williams Energy, Inc. 46,312  2,431 
* GMX Resources Inc. 69,380  2,423 
* US BioEnergy Corp. 410,383  2,421 
* PHI Inc. Non-Voting Shares 71,758  2,263 
* Superior Well Services, Inc. 101,431  2,218 
* Double Eagle Petroleum Co. 120,329  2,044 
*^ Clean Energy Fuels Corp. 151,700  2,027 
* Energy Partners, Ltd. 211,021  1,998 
^ Alon USA Energy, Inc. 125,079  1,902 
*^ SulphCo, Inc. 433,146  1,806 
* Natural Gas Services Group 81,853  1,787 
* Callon Petroleum Co. 96,621  1,748 
* Veneco Inc. 140,834  1,636 
*^ ENGlobal Corp. 190,026  1,625 
*^ Uranium Resources Inc. 271,221  1,625 
* Union Drilling, Inc. 90,414  1,581 
*^ VeraSun Energy Corp. 206,685  1,519 
* Brigham Exploration Co. 247,379  1,502 
*^ Rentech, Inc. 1,619,740  1,442 
* Gulfport Energy Corp. 131,853  1,398 
* Vaalco Energy, Inc. 277,659  1,380 
   Delek US Holdings, Inc. 101,000  1,280 
*^ Edge Petroleum Corp. 307,069  1,237 
*^ Aventine Renewable Energy Holdings, Inc. 230,122  1,197 
* Westmoreland Coal Co. 86,652  1,177 
*^ Bolt Technology Corp. 62,808  1,158 
*^ Verenium Corp. 318,158  1,120 
* Endeavor International Corp. 836,375  1,112 
*^ FX Energy, Inc. 247,896  1,056 
* OYO Geospace Corp. 22,422  1,018 
*^ Tri-Valley Corp. 157,282  942 
*^ Toreador Resources Corp. 119,822  932 
* Boots & Coots International Well Control, Inc. 506,025  906 
* The Meridian Resource Corp. 600,199  888 
* Abraxas Petroleum Corp. 257,379  849 
   Panhandle Royalty Co. 29,508  816 
* Credo Pete Corp. 78,315  780 
*^ Transmeridian Exploration Inc. 853,791  768 
*^ Aurora Oil & Gas Corp. 1,067,355  683 
*^ BMB Munai Inc. 119,797  652 
*^ GeoGlobal Resources Inc. 201,824  563 
   Barnwell Industries, Inc. 49,947  545 
* Cano Petroleum Inc. 110,891  519 
* Syntroleum Corp. 820,009  508 
*^ Pacific Ethanol, Inc. 112,127  493 
* American Oil & Gas Inc. 138,710  454 
* Quest Resource Corp. 62,600  411 
*^ CanArgo Energy Corp. 1,128,079  394 
* Mitcham Industries, Inc. 19,500  347 
* Harken Energy Corp. 33,116  290 
* Geokinetics Inc. 13,371  242 
* Infinity, Inc. 330,806  192 
* Ngas Resources Inc. 22,900  129 
* Evergreen Energy, Inc. 49,036  76 

        12,609,866 

   Financials (17.0%)
   Bank of America Corp. 31,519,011  1,194,886 
   JPMorgan Chase & Co. 23,870,492  1,025,238 
   Citigroup, Inc. 36,721,054  786,565 
   American International Group, Inc. 15,310,929  662,198 
   Wells Fargo & Co. 22,632,223  658,598 
   The Goldman Sachs Group, Inc. 2,543,366  420,647 
   U.S. Bancorp 12,261,247  396,774 
   Wachovia Corp. 14,052,465  379,417 
   Bank of New York Mellon Corp. 8,087,343  337,485 
   American Express Co. 7,474,637  326,791 
   MetLife, Inc. 5,259,951  316,965 
   Morgan Stanley 6,786,973  310,165 
   Prudential Financial, Inc. 3,210,067  251,188 
   Merrill Lynch & Co., Inc. 5,761,721  234,733 
   AFLAC Inc. 3,464,621  225,027 
   The Travelers Cos., Inc. 4,580,294  219,167 
   State Street Corp. 2,742,996  216,697 
* Berkshire Hathaway Inc. Class B 42,637  190,711 
   The Allstate Corp. 3,850,341  185,047 
   Fannie Mae 6,929,174  182,376 
   The Hartford Financial Services Group Inc. 2,229,021  168,893 
   CME Group, Inc. 348,514  163,488 
   PNC Financial Services Group 2,419,548  158,650 
   Simon Property Group, Inc. REIT 1,583,750  147,146 
   Capital One Financial Corp. 2,974,176  146,389 
   The Chubb Corp. 2,725,806  134,873 
   Charles Schwab Corp. 6,984,150  131,512 
   SunTrust Banks, Inc. 2,348,724  129,509 
   ACE Ltd. 2,340,449  128,865 
   BB&T Corp. 3,902,398  125,111 
   Loews Corp. 3,009,099  121,026 
   Lehman Brothers Holdings, Inc. 3,201,654  120,510 
   Freddie Mac 4,701,245  119,036 
   Franklin Resources Corp. 1,218,143  118,148 
* Berkshire Hathaway Inc. Class A 848  113,123 
   ProLogis REIT 1,829,107  107,661 
   The Principal Financial Group, Inc. 1,857,920  103,523 
   Lincoln National Corp. 1,911,631  99,405 
   Regions Financial Corp. 4,936,878  97,503 
   Northern Trust Corp. 1,405,549  93,427 
   Marsh & McLennan Cos., Inc. 3,694,264  89,955 
   T. Rowe Price Group Inc. 1,781,639  89,082 
   Ameriprise Financial, Inc. 1,647,120  85,403 
   Vornado Realty Trust REIT 973,854  83,956 
   Public Storage, Inc. REIT 909,106  80,565 
   Equity Residential REIT 1,926,266  79,921 
   Boston Properties, Inc. REIT 847,594  78,038 
   Aon Corp. 1,864,896  74,969 
   Progressive Corp. of Ohio 4,651,614  74,751 
   Fifth Third Bancorp 3,405,584  71,245 
   Genworth Financial Inc. 3,114,544  70,513 
   Invesco, Ltd. 2,831,656  68,979 
   Kimco Realty Corp. REIT 1,615,356  63,273 
   Washington Mutual, Inc. 6,128,573  63,124 
   KeyCorp 2,845,456  62,458 
   Hudson City Bancorp, Inc. 3,513,489  62,118 
   General Growth Properties Inc. REIT 1,559,368  59,521 
   Host Hotels & Resorts Inc. REIT 3,710,887  59,077 
   NYSE Euronext 941,655  58,110 
   Nymex Holdings Inc. 626,998  56,825 
   Unum Group 2,562,483  56,400 
   HCP, Inc. REIT 1,664,740  56,285 
* SLM Corp. 3,665,454  56,265 
   Moody's Corp. 1,560,947  54,368 
   Avalonbay Communities, Inc. REIT 559,604  54,013 
   Leucadia National Corp. 1,185,196  53,595 
   Legg Mason Inc. 939,769  52,608 
* IntercontinentalExchange Inc. 395,553  51,620 
   Discover Financial Services 3,054,413  50,001 
   Plum Creek Timber Co. Inc. REIT 1,223,598  49,800 
   Annaly Mortgage Management Inc. REIT 3,217,934  49,299 
^ American Capital Strategies, Ltd. 1,333,313  45,546 
   Assurant, Inc. 711,789  43,319 
   Ventas, Inc. REIT 948,618  42,602 
   National City Corp. 4,279,152  42,578 
   People's United Financial Inc. 2,448,935  42,391 
   M & T Bank Corp. 507,760  40,865 
   Cincinnati Financial Corp. 1,061,150  40,366 
   Everest Re Group, Ltd. 446,520  39,977 
   Torchmark Corp. 654,730  39,356 
   AMB Property Corp. REIT 703,806  38,301 
   Marshall & Ilsley Corp. 1,645,796  38,182 
* Nasdaq Stock Market Inc. 984,427  38,058 
   New York Community Bancorp, Inc. 2,069,739  37,711 
   Comerica, Inc. 1,073,188  37,647 
   XL Capital Ltd. Class A 1,267,479  37,454 
   Developers Diversified Realty Corp. REIT 873,152  36,568 
   The Macerich Co. REIT 515,349  36,214 
   Zions Bancorp 760,235  34,629 
   SL Green Realty Corp. REIT 420,904  34,291 
   Willis Group Holdings Ltd. 1,015,083  34,117 
   Axis Capital Holdings Ltd. 966,955  32,857 
   Regency Centers Corp. REIT 494,854  32,047 
* CB Richard Ellis Group, Inc. 1,472,205  31,858 
* TD Ameritrade Holding Corp. 1,904,411  31,442 
   Federal Realty Investment Trust REIT 402,489  31,374 
   W.R. Berkley Corp. 1,105,407  30,609 
   PartnerRe Ltd. 394,781  30,122 
   Safeco Corp. 672,308  29,501 
   White Mountains Insurance Group Inc. 60,986  29,273 
* Markel Corp. 66,510  29,262 
   Janus Capital Group Inc. 1,212,069  28,205 
^ The St. Joe Co. 652,296  28,003 
   Fidelity National Financial, Inc. Class A 1,457,112  26,709 
   Huntington Bancshares Inc. 2,471,822  26,572 
   Health Care Inc. REIT 579,600  26,157 
   SEI Investments Co. 1,035,228  25,560 
   Federated Investors, Inc. 651,156  25,499 
   Sovereign Bancorp, Inc. 2,734,010  25,481 
   Eaton Vance Corp. 829,015  25,293 
* Arch Capital Group Ltd. 367,453  25,233 
   RenaissanceRe Holdings Ltd. 478,004  24,813 
   Apartment Investment & Management Co. Class A REIT 679,859  24,346 
   Rayonier Inc. REIT 554,247  24,076 
   Duke Realty Corp. REIT 1,035,726  23,625 
   UDR, Inc. REIT 954,457  23,403 
   Associated Banc-Corp. 857,366  22,832 
   Hospitality Properties Trust REIT 667,807  22,719 
^ Countrywide Financial Corp. 4,116,611  22,641 
   Nationwide Health Properties, Inc. REIT 661,203  22,316 
^ Popular, Inc. 1,891,311  22,053 
   Alexandria Real Estate Equities, Inc. REIT 226,834  21,032 
   Synovus Financial Corp. 1,870,028  20,683 
   Essex Property Trust, Inc. REIT 179,193  20,424 
   Jones Lang LaSalle Inc. 263,616  20,388 
   Liberty Property Trust REIT 651,427  20,266 
^ Allied Capital Corp. 1,097,711  20,231 
   Old Republic International Corp. 1,554,764  20,072 
   Cullen/Frost Bankers, Inc. 374,747  19,877 
   Camden Property Trust REIT 395,375  19,848 
   Taubman Co. REIT 374,617  19,518 
   UnionBanCal Corp. 394,433  19,359 
* Affiliated Managers Group, Inc. 212,995  19,327 
   Protective Life Corp. 473,263  19,196 
   Waddell & Reed Financial, Inc. 594,135  19,090 
   First American Corp. 554,704  18,827 
   Weingarten Realty Investors REIT 545,235  18,778 
   HCC Insurance Holdings, Inc. 816,414  18,524 
^ Realty Income Corp. REIT 719,648  18,437 
   Commerce Bancshares, Inc. 435,205  18,292 
   Bank of Hawaii Corp. 348,936  17,293 
   Mack-Cali Realty Corp. REIT 483,686  17,272 
   StanCorp Financial Group, Inc. 352,371  16,812 
   Astoria Financial Corp. 615,657  16,721 
^ MBIA, Inc. 1,355,191  16,560 
   BRE Properties Inc. Class A REIT 361,799  16,484 
   Forest City Enterprise Class A 444,836  16,370 
   CIT Group Inc. 1,351,290  16,013 
   Nationwide Financial Services, Inc. 336,944  15,931 
   Senior Housing Properties Trust REIT 669,342  15,863 
   Arthur J. Gallagher & Co. 667,574  15,768 
   Raymond James Financial, Inc. 684,394  15,727 
   Aspen Insurance Holdings Ltd. 595,411  15,707 
^ Valley National Bancorp 810,418  15,568 
   Digital Realty Trust, Inc. REIT 438,335  15,561 
   The Hanover Insurance Group Inc. 369,121  15,186 
   Fulton Financial Corp. 1,233,518  15,160 
   Brown & Brown, Inc. 850,738  14,786 
   TCF Financial Corp. 812,692  14,563 
* Investment Technology Group, Inc. 312,980  14,453 
   City National Corp. 291,556  14,420 
   Wilmington Trust Corp. 458,221  14,251 
   Washington Federal Inc. 623,538  14,242 
   Endurance Specialty Holdings Ltd. 387,442  14,180 
* Philadelphia Consolidated Holding Corp. 435,099  14,010 
* Liberty Media Corp.-Capital Series A 879,214  13,839 
   Douglas Emmett, Inc. REIT 626,641  13,824 
* Conseco, Inc. 1,326,614  13,531 
^ Apollo Investment Corp. 851,182  13,474 
   iStar Financial Inc. REIT 956,718  13,423 
   Platinum Underwriters Holdings, Ltd. 408,093  13,247 
* Alleghany Corp. 38,090  13,008 
   Erie Indemnity Co. Class A 246,937  12,641 
^ First Horizon National Corp. 901,482  12,630 
   American Financial Group, Inc. 494,118  12,630 
   Transatlantic Holdings, Inc. 187,380  12,433 
   Susquehanna Bancshares, Inc. 609,831  12,422 
   Jefferies Group, Inc. 759,373  12,249 
   BancorpSouth, Inc. 528,069  12,230 
   IPC Holdings Ltd. 431,126  12,072 
   Post Properties, Inc. REIT 312,541  12,070 
   Highwood Properties, Inc. REIT 387,839  12,050 
   Reinsurance Group of America, Inc. 221,092  12,036 
   DCT Industrial Trust Inc. REIT 1,199,614  11,948 
   FirstMerit Corp. 573,280  11,844 
*^ E*TRADE Financial Corp. 3,015,897  11,641 
   Commerce Group, Inc. 321,200  11,582 
   Potlatch Corp. REIT 280,447  11,574 
   Kilroy Realty Corp. REIT 234,330  11,508 
   Home Properties, Inc. REIT 238,850  11,462 
   Unitrin, Inc. 323,046  11,416 
   Whitney Holdings Corp. 457,577  11,343 
* ProAssurance Corp. 209,789  11,293 
   National Retail Properties REIT 511,845  11,286 
   BioMed Realty Trust, Inc. REIT 468,454  11,191 
   Montpelier Re Holdings Ltd. 694,412  11,145 
^ Ambac Financial Group, Inc. 1,938,272  11,145 
   Washington REIT 333,312  11,139 
   Allied World Assurance Holdings, Ltd. 277,920  11,033 
^ Westamerica Bancorporation 209,634  11,027 
   HRPT Properties Trust REIT 1,608,474  10,825 
   Corporate Office Properties Trust, Inc. REIT 320,907  10,786 
   Entertainment Properties Trust REIT 216,469  10,678 
* Knight Capital Group, Inc. Class A 656,982  10,669 
   Webster Financial Corp. 381,983  10,646 
   CBL & Associates Properties, Inc. REIT 446,596  10,508 
* SVB Financial Group 237,517  10,365 
   First Niagara Financial Group, Inc. 748,740  10,175 
   Assured Guaranty Ltd. 424,042  10,067 
^ Colonial BancGroup, Inc. 1,042,219  10,037 
   Brandywine Realty Trust REIT 590,442  10,014 
   TFS Financial Corp. 823,324  9,905 
^ First Industrial Realty Trust REIT 318,645  9,843 
   First Midwest Bancorp, Inc. 346,786  9,630 
^ CapitalSource Inc. REIT 982,124  9,497 
   The Phoenix Cos., Inc. 776,784  9,485 
   Zenith National Insurance Corp. 263,787  9,459 
   Healthcare Realty Trust Inc. REIT 360,452  9,426 
   Delphi Financial Group, Inc. 313,458  9,162 
   Selective Insurance Group 380,377  9,083 
^ MGIC Investment Corp. 853,139  8,984 
   National Penn Bancshares Inc. 492,933  8,966 
   NewAlliance Bancshares, Inc. 718,263  8,806 
   BOK Financial Corp. 167,352  8,741 
   Mid-America Apartment Communities, Inc. REIT 173,798  8,662 
   Mercury General Corp. 195,178  8,648 
   UMB Financial Corp. 209,001  8,611 
   Tanger Factory Outlet Centers, Inc. REIT 222,856  8,573 
   Omega Healthcare Investors, Inc. REIT 486,900  8,453 
   International Bancshares Corp. 367,464  8,297 
   Hilb, Rogal and Hamilton Co. 263,535  8,293 
   LaSalle Hotel Properties REIT 286,524  8,232 
   Bear Stearns Co., Inc. 783,900  8,223 
*^ AmeriCredit Corp. 816,295  8,220 
   Equity Lifestyle Properties, Inc. REIT 165,720  8,182 
^ Greenhill & Co., Inc. 117,480  8,172 
   DiamondRock Hospitality Co. REIT 642,512  8,141 
   East West Bancorp, Inc. 450,209  7,991 
   Old National Bancorp 439,471  7,910 
   EastGroup Properties, Inc. REIT 169,538  7,877 
   Max Re Capital Ltd. 300,612  7,873 
   Cash America International Inc. 214,525  7,809 
   American Financial Realty Trust REIT 981,618  7,794 
* Argo Group International Holdings 218,227  7,751 
   The South Financial Group, Inc. 516,880  7,681 
   Colonial Properties Trust REIT 318,475  7,659 
   United Bankshares, Inc. 276,742  7,375 
   Odyssey Re Holdings Corp. 200,642  7,374 
* Interactive Brokers Group, Inc. 285,935  7,340 
   Trustmark Corp. 327,426  7,295 
   Prosperity Bancshares, Inc. 251,448  7,207 
   Lexington Realty Trust REIT 498,774  7,187 
   Extra Space Storage Inc. REIT 442,896  7,170 
   Hancock Holding Co. 169,367  7,117 
   R.L.I. Corp. 142,103  7,044 
   Strategic Hotels and Resorts, Inc. REIT 530,491  6,965 
^ Cousins Properties, Inc. REIT 277,638  6,860 
   Sunstone Hotel Investors, Inc. REIT 426,280  6,825 
   Pennsylvania REIT 277,726  6,774 
   First Charter Corp. 252,765  6,751 
^ Redwood Trust, Inc. REIT 185,399  6,739 
   Pacific Capital Bancorp 311,504  6,697 
   Inland Real Estate Corp. REIT 439,213  6,680 
   Citizens Banking Corp. 534,137  6,639 
   GFI Group Inc. 115,662  6,627 
   MFA Mortgage Investments, Inc. REIT 1,042,108  6,565 
   MB Financial, Inc. 210,032  6,465 
   Ares Capital Corp. 509,047  6,399 
   optionsXpress Holdings Inc. 305,986  6,337 
^ Cathay General Bancorp 300,348  6,226 
* Signature Bank 241,072  6,147 
   Provident Financial Services Inc. 433,160  6,125 
   UCBH Holdings, Inc. 788,593  6,119 
   F.N.B. Corp. 389,800  6,085 
* Forestar Real Estate Group, Inc. 243,170  6,057 
   Community Bank System, Inc. 245,025  6,018 
^ Frontier Financial Corp. 339,528  6,003 
* Navigators Group, Inc. 108,094  5,880 
^ Umpqua Holdings Corp. 376,875  5,845 
   FelCor Lodging Trust, Inc. REIT 483,403  5,815 
^ National Financial Partners Corp. 258,405  5,806 
*^ Investors Bancorp, Inc. 376,851  5,785 
^ First Commonwealth Financial Corp. 492,377  5,707 
   Employers Holdings, Inc. 307,126  5,694 
   National Health Investors REIT 180,705  5,647 
   S & T Bancorp, Inc. 172,386  5,546 
   Franklin Street Properties Corp. REIT 386,250  5,531 
   Glacier Bancorp, Inc. 288,088  5,523 
^ TrustCo Bank NY 621,035  5,521 
   NBT Bancorp, Inc. 247,716  5,499 
   Sovran Self Storage, Inc. REIT 128,653  5,495 
   First BanCorp Puerto Rico 532,132  5,406 
   PS Business Parks, Inc. REIT 103,306  5,362 
   Equity One, Inc. REIT 221,426  5,308 
   Capitol Federal Financial 140,827  5,278 
   Wintrust Financial Corp. 150,231  5,251 
   Infinity Property & Casualty Corp. 125,451  5,219 
   Sterling Bancshares, Inc. 524,052  5,209 
   First Citizens BancShares Class A 37,359  5,206 
   Brookline Bancorp, Inc. 449,578  5,161 
   First Community Bancorp 191,515  5,142 
   Sterling Financial Corp. 327,611  5,114 
   American Campus Communities, Inc. REIT 184,636  5,052 
   Acadia Realty Trust REIT 208,707  5,040 
   City Holding Co. 124,899  4,983 
   WesBanco, Inc. 200,185  4,947 
*^ Enstar Group Ltd. 44,306  4,930 
^ Park National Corp. 68,663  4,865 
   United Fire & Casualty Co. 127,360  4,763 
   Midland Co. 72,541  4,710 
   U-Store-It Trust REIT 411,895  4,667 
   Financial Federal Corp. 213,167  4,649 
   CVB Financial Corp. 446,326  4,646 
   Horace Mann Educators Corp. 263,798  4,611 
   First Financial Bankshares, Inc. 112,046  4,592 
   Alfa Corp. 207,610  4,563 
* FCStone Group, Inc. 163,500  4,529 
   Ashford Hospitality Trust REIT 796,080  4,522 
* Piper Jaffray Cos., Inc. 129,992  4,415 
   Cedar Shopping Centers, Inc. REIT 377,914  4,414 
^ Portfolio Recovery Associates, Inc. 101,728  4,363 
* Hilltop Holdings Inc. 411,158  4,276 
   Central Pacific Financial Co. 225,229  4,246 
^ PrivateBancorp, Inc. 134,671  4,238 
* Stifel Financial Corp. 94,117  4,226 
   Parkway Properties Inc. REIT 113,986  4,213 
   Saul Centers, Inc. REIT 83,608  4,200 
^ LandAmerica Financial Group, Inc. 105,587  4,168 
   Dime Community Bancshares 237,979  4,160 
   Sterling Financial Corp. (PA) 237,940  4,152 
   MCG Capital Corp. 451,703  4,106 
   Medical Properties Trust Inc. REIT 362,680  4,106 
* Alexander's, Inc. REIT 11,336  4,019 
^ Gramercy Capital Corp. REIT 191,610  4,010 
   Bank Mutual Corp. 372,290  3,998 
^ Glimcher Realty Trust REIT 333,614  3,990 
* Texas Capital Bancshares, Inc. 232,343  3,922 
^ United Community Banks, Inc. 230,771  3,918 
   Harleysville Group, Inc. 107,949  3,896 
   Stewart Information Services Corp. 138,648  3,881 
^ First Busey Corp. 183,484  3,875 
^ NorthStar Realty Finance Corp. REIT 468,475  3,827 
*^ KBW Inc. 173,419  3,824 
   Oriental Financial Group Inc. 191,453  3,774 
   First Merchants Corp. 131,690  3,758 
   American Physicians Capital, Inc. 80,513  3,733 
   National Western Life Insurance Co. Class A 17,150  3,718 
   Chemical Financial Corp. 155,923  3,717 
^ Maguire Properties, Inc. REIT 257,354  3,683 
   Kite Realty Group Trust REIT 262,947  3,681 
   IBERIABANK Corp. 83,123  3,678 
*^ Beneficial Mutual Bancorp, Inc. 365,845  3,618 
   Provident New York Bancorp, Inc. 266,657  3,600 
   LTC Properties, Inc. REIT 139,987  3,599 
^ Northwest Bancorp, Inc. 131,329  3,589 
*^ Greenlight Capital Re. Ltd. 191,527  3,562 
* Dollar Financial Corp. 153,672  3,534 
* Guaranty Financial Group, Inc. 325,784  3,460 
   OneBeacon Insurance Group Ltd. 181,504  3,452 
   Harleysville National Corp. 237,050  3,418 
   Sun Communities, Inc. REIT 165,636  3,396 
^ Radian Group, Inc. 515,566  3,387 
   The PMI Group Inc. 580,452  3,378 
^ The First Marblehead Corp. 449,632  3,354 
   Tower Group, Inc. 132,459  3,334 
^ Newcastle Investment Corp. REIT 403,602  3,334 
* World Acceptance Corp. 104,136  3,317 
* Tejon Ranch Co. 88,754  3,312 
   Sandy Spring Bancorp, Inc. 117,794  3,242 
   Capstead Mortgage Corp. REIT 282,819  3,224 
   State Auto Financial Corp. 110,202  3,210 
* Centennial Bank Holdings Inc. 510,281  3,205 
   American Equity Investment Life Holding Co. 339,418  3,150 
*^ First Federal Financial Corp. 115,222  3,128 
   Calamos Asset Management, Inc. 189,869  3,091 
   Renasant Corp. 137,162  3,086 
*^ Western Alliance Bancorp 235,597  3,030 
^ S.Y. Bancorp, Inc. 130,001  3,021 
   Sterling Bancorp 193,244  3,001 
   Advance America, Cash Advance Centers, Inc. 395,864  2,989 
   Anchor Bancorp Wisconsin Inc. 157,210  2,982 
*^ Oritani Financial Corp. 194,163  2,945 
   Investors Real Estate Trust REIT 299,945  2,933 
* CNA Surety Corp. 187,088  2,877 
   Gamco Investors Inc. Class A 57,134  2,877 
* EZCORP, Inc. 232,782  2,866 
   Safety Insurance Group, Inc. 83,584  2,853 
* Pinnacle Financial Partners, Inc. 111,133  2,845 
^ Capitol Bancorp Ltd. 134,417  2,842 
   WSFS Financial Corp. 56,943  2,806 
   Meadowbrook Insurance Group, Inc. 358,533  2,800 
   Amcore Financial, Inc. 137,253  2,793 
* FPIC Insurance Group, Inc. 59,103  2,786 
* United America Indemnity, Ltd. 143,485  2,764 
   Student Loan Corp. 27,877  2,757 
   Suffolk Bancorp 86,787  2,749 
   Provident Bankshares Corp. 255,752  2,747 
   Presidential Life Corp. 155,079  2,705 
* PICO Holdings, Inc. 89,409  2,703 
*^ Virginia Commerce Bancorp, Inc. 232,227  2,666 
   Castlepoint Holdings Ltd. 272,366  2,650 
*^ Citizens, Inc. 395,440  2,645 
   FBL Financial Group, Inc. Class A 92,571  2,637 
   GMH Communities Trust REIT 303,378  2,633 
   First Source Corp. 125,090  2,633 
* Seabright Insurance Holdings, Inc. 178,357  2,627 
   First Financial Bancorp 194,986  2,623 
   Nara Bancorp, Inc. 200,578  2,606 
* Sun Bancorp, Inc. (NJ) 197,779  2,605 
   Mainsource Financial Group, Inc. 167,900  2,602 
   Amtrust Financial Services Inc. 160,344  2,599 
* LaBranche & Co. Inc. 594,916  2,588 
   Capital Southwest Corp. 20,875  2,583 
   Anworth Mortgage Asset Corp. REIT 420,881  2,580 
   TriCo Bancshares 148,320  2,567 
   Getty Realty Holding Corp. REIT 161,119  2,567 
   Hercules Technology Growth Capital, Inc. 235,141  2,554 
   First Community Bancshares, Inc. 69,846  2,544 
   Simmons First National Corp. 85,481  2,541 
* First Mercury Financial Corp. 145,481  2,533 
   Flushing Financial Corp. 143,446  2,522 
   First Financial Corp. (IN) 81,846  2,519 
^ Anthracite Capital Inc. REIT 378,599  2,499 
   Community Trust Bancorp Inc. 84,892  2,487 
   Cohen & Steers, Inc. 93,319  2,472 
   Universal Health Realty Income REIT 73,859  2,460 
   Old Second Bancorp, Inc. 92,512  2,457 
   Banner Corp. 106,282  2,449 
^ Downey Financial Corp. 133,149  2,447 
   CapLease, Inc. REIT 314,092  2,440 
* Amerisafe Inc. 192,000  2,427 
^ Independent Bank Corp. (MI) 229,339  2,381 
* FBR Capital Markets Corp. 352,518  2,379 
   BankFinancial Corp. 149,384  2,377 
   SWS Group, Inc. 190,117  2,325 
   Mission West Properties Inc. REIT 245,549  2,320 
   First Bancorp (NC) 116,227  2,316 
   Washington Trust Bancorp, Inc. 91,929  2,282 
   Columbia Banking System, Inc. 101,689  2,276 
   Boston Private Financial Holdings, Inc. 214,823  2,275 
* TradeStation Group, Inc. 266,104  2,267 
* StellarOne Corp. 133,682  2,261 
   BancFirst Corp. 49,354  2,259 
^ Consolidated-Tomoka Land Co. 40,236  2,255 
   Cardinal Financial Corp. 252,603  2,241 
   First Potomac REIT 145,425  2,235 
   Independent Bank Corp. (MA) 75,251  2,224 
^ Arbor Realty Trust, Inc. REIT 147,351  2,222 
   Bank of the Ozarks, Inc. 92,655  2,214 
   Donegal Group Inc. Class A 124,587  2,168 
^ Lakeland Bancorp, Inc. 165,998  2,146 
   First Financial Holdings, Inc. 91,346  2,143 
   ProCentury Corp. 118,624  2,135 
   Integra Bank Corp. 130,184  2,109 
^ Corus Bankshares Inc. 214,449  2,087 
^ Union Bankshares Corp. 107,491  2,082 
   Arrow Financial Corp. 91,909  2,067 
   Tompkins Trustco, Inc. 41,975  2,065 
^ Capital Trust Class A REIT 75,999  2,048 
   Peoples Bancorp, Inc. 84,482  2,037 
   Ramco-Gershenson Properties Trust REIT 94,381  1,992 
   MVC Capital, Inc. 129,760  1,978 
   NGP Capital Resources Co. 120,273  1,975 
   Education Realty Trust, Inc. REIT 156,362  1,965 
   IndyMac Bancorp, Inc. 394,388  1,956 
   Compass Diversified Trust 147,446  1,939 
* MarketAxess Holdings, Inc. 193,536  1,924 
^ RAIT Financial Trust REIT 276,098  1,916 
   Flagstone Reinsurance Holdings Ltd. 157,840  1,910 
   Hanmi Financial Corp. 256,981  1,899 
^ Thornburg Mortgage, Inc. REIT 1,789,152  1,897 
^ JER Investors Trust Inc. REIT 222,738  1,889 
   City Bank Lynnwood (WA) 84,691  1,886 
   Southwest Bancorp, Inc. 107,131  1,876 
   Lakeland Financial Corp. 81,787  1,852 
   Omega Financial Corp. 58,688  1,831 
^ Univest Corp. of Pennsylvania 69,746  1,827 
* The Bancorp Inc. 149,987  1,812 
^ BankUnited Financial Corp. 358,337  1,795 
* First Cash Financial Services, Inc. 173,650  1,794 
^ Southside Bancshares, Inc. 74,493  1,793 
   Flagstar Bancorp, Inc. 246,741  1,781 
   Clifton Savings Bancorp, Inc. 175,561  1,770 
^ Macatawa Bank Corp. 169,702  1,767 
^ Midwest Banc Holdings, Inc. 136,191  1,741 
^ Alesco Financial, Inc. REIT 604,223  1,740 
   Nelnet, Inc. 148,011  1,739 
*^ Doral Financial Corp. 85,669  1,729 
* PMA Capital Corp. Class A 201,210  1,718 
^ Smithtown Bancorp, Inc. 81,545  1,705 
*^ Ampal-American Israel Corp. 265,827  1,701 
^ U.S. Global Investors, Inc. Class A 125,253  1,696 
^ Heritage Commerce Corp. 92,460  1,695 
   West Coast Bancorp 116,073  1,694 
   Great Southern Bancorp, Inc. 107,120  1,672 
   Monmouth Real Estate Investment Corp. REIT 208,690  1,670 
   Associated Estates Realty Corp. REIT 145,664  1,666 
   Urstadt Biddle Properties Class A REIT 105,140  1,654 
   Republic Bancorp, Inc. Class A 87,301  1,648 
   Hersha Hospitality Trust REIT 181,848  1,642 
   Peapack Gladstone Financial Corp. 60,723  1,642 
* First Regional Bancorp 100,051  1,641 
   Kohlberg Capital Corp. 156,873  1,628 
* Community Bancorp 119,663  1,623 
^ W Holding Co., Inc. 1,472,399  1,620 
   Agree Realty Corp. REIT 58,929  1,618 
* Penson Worldwide, Inc. 172,140  1,589 
   Evercore Partners Inc. 89,500  1,589 
   American Land Lease, Inc. REIT 77,161  1,588 
   West Bancorporation 119,883  1,578 
   Medallion Financial Corp. 174,410  1,577 
   Kearny Financial Corp. 143,827  1,575 
^ Capital City Bank Group, Inc. 54,259  1,573 
* Ocwen Financial Corp. 352,818  1,567 
   EMC Insurance Group, Inc. 57,969  1,559 
   Bancorp Rhode Island Inc. 42,768  1,541 
   Ameris Bancorp 94,749  1,522 
^ Enterprise Financial Services Corp. 60,817  1,520 
   LSB Corp. 95,020  1,498 
   SCBT Financial Corp. 43,889  1,483 
   First Place Financial Corp. 113,924  1,481 
   Kayne Anderson Energy Development Co. 59,300  1,477 
   Westfield Financial, Inc. 150,542  1,471 
* SCPIE Holdings Inc. 53,343  1,470 
   One Liberty Properties, Inc. REIT 90,933  1,463 
   Cadence Financial Corp. 91,386  1,459 
^ Gladstone Capital Corp. 77,852  1,457 
^ Prospect Energy Corp. 94,980  1,446 
   First State Bancorporation 105,659  1,415 
   MBT Financial Corp. 161,805  1,392 
^ PFF Bancorp, Inc. 166,643  1,386 
*^ Stratus Properties Inc. 46,953  1,384 
*^ Superior Bancorp 276,452  1,374 
^ Home Bancshares Inc. 65,284  1,362 
^ TICC Capital Corporation 180,947  1,361 
   Eastern Virginia Bankshares, Inc. 76,781  1,358 
* eHealth, Inc. 61,429  1,356 
   CFS Bancorp, Inc. 93,813  1,348 
   NYMAGIC, Inc. 59,242  1,345 
*^ Ladenburg Thalmann Financial Services, Inc. 702,749  1,314 
   Bank of Granite Corp. 119,603  1,313 
* Penn Treaty American Corp. 200,886  1,296 
   BankAtlantic Bancorp, Inc. Class A 328,194  1,283 
^ Ames National Corp. 64,271  1,282 
^ ASTA Funding, Inc. 91,389  1,273 
^ TierOne Corp. 112,337  1,267 
^ Cascade Bancorp 132,363  1,265 
   Thomas Properties Group, Inc. 143,416  1,259 
   Friedman, Billings, Ramsey Group, Inc. REIT 738,945  1,256 
   Winthrop Realty Trust Inc. REIT 304,151  1,253 
*^ Wauwatosa Holdings, Inc. 104,509  1,244 
   Patriot Capital Funding Inc. 118,126  1,237 
   German American Bancorp 96,395  1,230 
^ Seacoast Banking Corp. of Florida 112,291  1,230 
* Thomas Weisel Partners Group, Inc. 184,141  1,219 
   Bryn Mawr Bank Corp. 55,682  1,209 
* Bank of Florida Corp. 118,035  1,197 
   Horizon Financial Corp. 86,388  1,193 
   Berkshire Hills Bancorp, Inc. 47,224  1,190 
   Baldwin & Lyons, Inc. Class B 45,839  1,177 
   National Bankshares, Inc. 65,506  1,167 
*^ Harris & Harris Group, Inc. 162,771  1,161 
   United Community Financial Corp. 186,337  1,155 
   Provident Financial Holdings, Inc. 70,734  1,135 
   Preferred Bank 67,627  1,129 
^ Crystal River Capital Inc. REIT 126,240  1,127 
   National Interstate Corp. 48,274  1,127 
* Crawford & Co. Class B 213,144  1,119 
   Center Financial Corp. 123,402  1,118 
* Rewards Network Inc. 248,361  1,113 
   Wilshire Bancorp Inc. 144,985  1,108 
   Greater Community Bancorp 62,016  1,105 
   Federal Agricultural Mortgage Corp. Class C 42,109  1,099 
   CoBiz Inc. 84,247  1,097 
   Rainier Pacific Financial Group Inc. 78,551  1,091 
   Financial Institutions, Inc. 57,299  1,086 
   Asset Acceptance Capital Corp. 112,277  1,081 
^ BRT Realty Trust REIT 76,865  1,077 
   Gladstone Commercial Corp. REIT 69,143  1,075 
   Pacific Mercantile Bancorp 112,277  1,071 
^ Centerstate Banks of Florida 83,508  1,069 
   First of Long Island Corp. 55,366  1,059 
   Columbia Bancorp (OR) 61,899  1,058 
   Intervest Bancshares Corp. 110,352  1,058 
   AmericanWest Bancorporation 120,075  1,047 
   Toronto Dominion Bank 16,855  1,034 
   Abington Community Bancorp Inc. 100,163  1,034 
   Merchants Bancshares, Inc. 44,736  1,024 
   Mercantile Bank Corp. 98,886  1,021 
   Gladstone Investment Corp. 108,236  1,019 
   HMN Financial, Inc. 44,063  1,017 
   NewBridge Bancorp. 115,872  1,015 
   OceanFirst Financial Corp. 57,830  1,011 
   Citizens First Bancorp, Inc. 93,854  1,009 
   Rome Bancorp, Inc. 86,243  1,006 
   CBRE Realty Finance Inc. 248,407  1,001 
* First Acceptance Corp. 350,913  1,000 
   Quanta Capital Holdings Ltd. 575,823  996 
^ First South Bancorp, Inc. 44,006  990 
   PremierWest Bancorp 98,116  982 
*^ MCF Corp. 241,425  951 
   Greene County Bancshares 53,403  945 
   Imperial Capital Bancorp Inc. 43,466  940 
   North Valley Bancorp 78,741  935 
   Sanders Morris Harris Group Inc. 114,185  932 
^ Temecula Valley Bancorp, Inc. 98,323  930 
   Resource America, Inc. 98,256  929 
^ Royal Bancshares of Pennsylvania, Inc. 64,032  927 
   Parkvale Financial Corp. 34,073  915 
   Cogdell Spencer Inc. REIT 57,954  911 
   Massbank Corp. 23,459  909 
^ Security Bank Corp. 113,234  900 
   Advanta Corp. Class A 148,321  887 
   Irwin Financial Corp. 166,074  882 
   TF Financial Corp. 35,616  864 
* Meruelo Maddux Properties Inc. 337,044  856 
^ BancTrust Financial Group, Inc. 79,318  853 
   Firstbank Corp. 63,287  851 
   Willow Grove Bancorp, Inc. 112,800  834 
^ Resource Capital Corp. REIT 109,100  826 
*^ CompuCredit Corp. 92,798  823 
   Team Financial, Inc. 62,950  818 
   Camden National Corp. 24,112  816 
   Shore Bancshares, Inc. 37,448  804 
^ K-Fed Bancorp 69,721  796 
* Republic First Bancorp, Inc. 160,816  793 
   State Bancorp, Inc. 66,665  787 
   ViewPoint Financial Group 47,618  786 
*^ Credit Acceptance Corp. 50,391  783 
^ United Security Bancshares, Inc. 42,256  781 
^ Heartland Financial USA, Inc. 36,665  776 
   TIB Financial Corp. 96,891  775 
   American National Bankshares Inc. 35,898  769 
   Citizens South Banking Corp. 78,500  746 
   LNB Bancorp, Inc. 57,792  720 
   Heritage Financial Corp. 41,179  717 
   PennantPark Investment Corp. 83,703  712 
   Beverly Hills Bancorp Inc. 280,256  709 
   First M&F Corp. 47,298  686 
   Taylor Capital Group, Inc. 41,443  680 
   Advanta Corp. Class B 96,145  676 
   Hawthorn Bancshares Inc. 24,412  671 
   First United Corp. 33,847  671 
   ESB Financial Corp. 67,226  667 
* American Safety Insurance Holdings, Ltd. 38,948  666 
*^ Franklin Bank Corp. 218,983  664 
   Codorus Valley Bancorp, Inc. 40,812  663 
   Federal Agricultural Mortgage Corp. Class A 38,986  659 
   Eastern Insurance Holdings, Inc. 45,500  659 
   Home Federal Bancorp (IN) 29,414  647 
   Capital Bank Corp. 62,679  642 
   Middleburg Financial Corp. 27,201  626 
   Alliance Bancorp, Inc. of Pennsylvania 68,209  614 
   UMH Properties, Inc. REIT 61,391  613 
   Urstadt Biddle Properties REIT 37,652  611 
^ Vineyard National Bancorp Co. 74,529  605 
^ Deerfield Capital Corp. 434,223  599 
   Camco Financial Corp. 53,576  590 
*^ Triad Guaranty, Inc. 116,455  582 
   First Defiance Financial Corp. 31,654  581 
* First Mariner Bancorp, Inc. 96,622  580 
   BlackRock Kelso Capital Corp. 48,371  578 
* FX Real Estate and Entertainment Inc. 98,073  577 
   Center Bancorp, Inc. 53,002  563 
   Pamrapo Bancorp, Inc. 36,708  560 
   PMC Commercial Trust REIT 78,925  556 
^ Citizens & Northern Corp. 27,662  549 
   FNB Corp. (NC) 50,905  535 
* Marlin Business Services Inc. 70,330  530 
   Comm Bancorp, Inc. 12,723  522 
   Yadkin Valley Bank and Trust Co. 40,928  518 
* Consumer Portfolio Services, Inc. 181,698  516 
   Investors Title Co. 10,524  516 
*^ Clayton Holdings, Inc. 110,906  515 
   Independence Holding Co. 42,503  507 
   Westwood Holdings Group, Inc. 13,242  499 
   Farmers Capital Bank Corp. 20,796  493 
   Pulaski Financial Corp. 46,306  490 
   First Pactrust Bancorp 29,258  485 
   Capital Corp. of the West 60,182  483 
* Ameriserv Financial Inc. 166,374  476 
* Encore Capital Group, Inc. 69,693  474 
   Wainwright Bank & Trust Co. 38,384  473 
   Habersham Bancorp 33,523  467 
   VIST Financial Corp. 25,728  462 
* United Capital Corp. 21,238  462 
   Jefferson Bancshares, Inc. 48,534  451 
   GB&T Bancshares, Inc. 52,387  451 
^ Life Partners Holdings 22,984  424 
   Century Bancorp, Inc. Class A 20,873  420 
   Cheviot Financial Corp. 44,479  400 
   First Federal Bancshares of Arkansas, Inc. 29,037  400 
^ Impac Mortgage Holdings, Inc. REIT 316,535  396 
*^ Fremont General Corp. 789,637  395 
* United PanAm Financial Corp. 103,947  378 
* NewStar Financial, Inc. 73,000  378 
   Brooke Corp. 114,118  370 
   Penns Woods Bancorp, Inc. 11,090  368 
   Grubb & Ellis Co. 53,200  365 
   Horizon Bancorp Indiana 15,935  365 
* First Keystone Financial, Inc. 35,444  363 
   MutualFirst Financial Inc. 27,347  360 
   Vestin Realty Mortgage II, Inc. 40,339  357 
   Commercial National Financial Corp. 21,300  357 
   ECB Bancorp, Inc. 14,714  353 
^ Sierra Bancorp 16,246  351 
* Cowen Group, Inc. 49,091  348 
   Unity Bancorp, Inc. 43,725  334 
^ United Security Bancshares (CA) 19,074  320 
* BFC Financial Corp. 262,135  317 
   First Security Group Inc. 34,271  311 
   Southern Community Financial Corp. 42,727  306 
*^ HouseValues, Inc. 129,271  305 
   HopFed Bancorp, Inc. 22,761  302 
   WSB Holdings, Inc. 53,600  294 
   First Fed Bankshares Inc 20,250  279 
* RAM Holdings Ltd. 122,497  278 
* Pennsylvania Commerce Bancorp, Inc. 10,525  276 
   Atlantic Coast Federal Corp. 28,116  276 
*^ Primus Guaranty, Ltd. 74,403  266 
   First National Lincoln Corp. 17,440  264 
* Essa Bancorp Inc. 21,800  256 
* American Independence Corp. 35,213  256 
   Ameriana Bancorp 27,607  241 
   Abigail Adams National Bancorp., Inc. 20,667  240 
   Hingham Institution for Savings 7,900  227 
   Meta Financial Group, Inc. 12,414  215 
* Reis, Inc. 40,178  215 
   Northern States Financial Corp. 10,561  210 
   Wayne Savings Bancshares, Inc. 21,551  209 
^ Colony Bankcorp, Inc. 14,752  204 
   Crescent Banking Co. 17,054  188 
   Norwood Financial Corp. 6,091  182 
* Transcontinental Realty Investors, Inc. REIT 10,500  180 
   Pacific Continental Corp. 12,292  171 
^ American Mortgage Acceptance Co. REIT 108,140  163 
   Origen Financial, Inc. REIT 105,060  126 
   California National Bancorp 12,307  125 
* Diamond Hill Investment Group 1,600  122 
* BCSB Bankcorp, Inc. 17,407  113 
* Broadpoint Securities Group 59,743  109 
* Ares Capital Corp. Rights Exp. 4/21/08 169,682  95 
^ Security Capital Assurance, Ltd. 178,509  91 
* AmCOMP, Inc. 5,900  72 
* MCG Capital Corp. Rights Exp. 4/18/08 64,529  69 
   Cascade Financial Corp. 4,716  58 
   Investors Capital Holdings, Ltd. 9,200  45 
* AMV Liquidating Trust 289,511  32 
   PAB Bankshares, Inc. 2,186  30 
   Hanover Capital Mortgage Holdings, Inc. REIT 53,485  24 
* Gladstone Investment Corp. Rights Exp. 4/12/08 36,078  24 
* FX Real Estate and Entertainment, Inc. Rights Exp. 4/11/08 37,048 

        17,371,120 

   Health Care (11.8%)
   Johnson & Johnson 20,324,944  1,318,479 
   Pfizer Inc. 48,507,057  1,015,253 
   Abbott Laboratories 10,976,070  605,330 
   Merck & Co., Inc. 15,458,333  586,644 
   Wyeth 9,511,026  397,180 
   Medtronic, Inc. 8,081,277  390,891 
   Eli Lilly & Co. 7,250,545  374,056 
* Gilead Sciences, Inc. 6,610,661  340,647 
* Amgen, Inc. 7,724,838  322,744 
   UnitedHealth Group Inc. 9,177,451  315,337 
   Bristol-Myers Squibb Co. 14,052,147  299,311 
* Genentech, Inc. 3,365,472  273,209 
   Baxter International, Inc. 4,503,448  260,389 
* Celgene Corp. 3,069,150  188,108 
* WellPoint Inc. 4,057,749  179,068 
* Thermo Fisher Scientific, Inc. 2,983,479  169,581 
* Medco Health Solutions, Inc. 3,798,771  166,348 
   Schering-Plough Corp. 11,503,896  165,771 
   Covidien Ltd. 3,519,974  155,759 
   Aetna Inc. 3,553,450  149,565 
   Becton, Dickinson & Co. 1,732,277  148,716 
* Genzyme Corp. 1,888,768  140,789 
   Cardinal Health, Inc. 2,567,564  134,823 
   Stryker Corp. 2,040,414  132,729 
* Zimmer Holdings, Inc. 1,667,128  129,803 
* Biogen Idec Inc. 2,083,600  128,537 
   Allergan, Inc. 2,179,884  122,924 
* Boston Scientific Corp. 9,527,846  122,623 
   McKesson Corp. 2,054,854  107,613 
* St. Jude Medical, Inc. 2,431,047  104,997 
* Express Scripts Inc. 1,522,049  97,898 
* Forest Laboratories, Inc. 2,214,351  88,596 
* Intuitive Surgical, Inc. 271,397  88,028 
   CIGNA Corp. 1,982,181  80,417 
   C.R. Bard, Inc. 723,419  69,738 
* Laboratory Corp. of America Holdings 818,167  60,283 
* Humana Inc. 1,204,080  54,015 
   Quest Diagnostics, Inc. 1,168,809  52,912 
* Hologic, Inc. 890,740  49,525 
   AmerisourceBergen Corp. 1,192,967  48,888 
* Hospira, Inc. 1,119,087  47,863 
* Coventry Health Care Inc. 1,100,070  44,388 
* Varian Medical Systems, Inc. 888,661  41,625 
* Waters Corp. 713,246  39,728 
   DENTSPLY International Inc. 1,021,902  39,445 
   Applera Corp.-Applied Biosystems Group 1,195,282  39,277 
* Covance, Inc. 453,390  37,618 
* Henry Schein, Inc. 635,910  36,501 
* DaVita, Inc. 758,333  36,218 
* Millennium Pharmaceuticals, Inc. 2,294,466  35,472 
* Barr Pharmaceuticals Inc. 727,472  35,144 
   Pharmaceutical Product Development, Inc. 760,113  31,849 
* Cephalon, Inc. 476,682  30,698 
* Illumina, Inc. 390,296  29,623 
   IMS Health, Inc. 1,377,872  28,949 
* Patterson Cos. 795,951  28,893 
   Beckman Coulter, Inc. 445,604  28,764 
* Charles River Laboratories, Inc. 482,414  28,433 
* Invitrogen Corp. 331,085  28,298 
*^ Amylin Pharmaceuticals, Inc. 958,526  27,999 
* Millipore Corp. 388,108  26,162 
^ Mylan Inc. 2,150,852  24,950 
* BioMarin Pharmaceutical Inc. 688,653  24,358 
* Health Net Inc. 783,837  24,142 
* Pediatrix Medical Group, Inc. 343,783  23,171 
* ResMed Inc. 549,020  23,158 
* Community Health Systems, Inc. 680,027  22,828 
* Endo Pharmaceuticals Holdings, Inc. 952,573  22,805 
* Vertex Pharmaceuticals, Inc. 942,035  22,505 
* IDEXX Laboratories Corp. 434,540  21,405 
   Perrigo Co. 565,370  21,331 
* Watson Pharmaceuticals, Inc. 700,666  20,544 
   PerkinElmer, Inc. 841,925  20,417 
   Hillenbrand Industries, Inc. 418,294  19,994 
   Universal Health Services Class B 356,036  19,116 
* Tenet Healthcare Corp. 3,375,178  19,104 
* Gen-Probe Inc. 383,031  18,462 
* ImClone Systems, Inc. 429,925  18,237 
* Cerner Corp. 483,959  18,042 
* Techne Corp. 266,782  17,970 
* Edwards Lifesciences Corp. 402,720  17,941 
* Kinetic Concepts, Inc. 384,752  17,787 
* VCA Antech, Inc. 600,201  16,415 
* Lincare Holdings, Inc. 571,176  16,056 
   Omnicare, Inc. 867,202  15,748 
* Sepracor Inc. 796,079  15,539 
* OSI Pharmaceuticals, Inc. 413,763  15,471 
* King Pharmaceuticals, Inc. 1,743,266  15,166 
* Alexion Pharmaceuticals, Inc. 254,569  15,096 
*^ Inverness Medical Innovations, Inc. 455,634  13,715 
* Psychiatric Solutions, Inc. 392,643  13,318 
* United Therapeutics Corp. 151,784  13,160 
* Warner Chilcott Ltd. 715,364  12,877 
* Myriad Genetics, Inc. 312,957  12,609 
* Varian, Inc. 217,156  12,578 
* HLTH Corp. 1,305,247  12,452 
   STERIS Corp. 451,367  12,110 
* Bio-Rad Laboratories, Inc. Class A 132,415  11,778 
   Owens & Minor, Inc. Holding Co. 291,641  11,473 
* Onyx Pharmaceuticals, Inc. 393,814  11,432 
* Magellan Health Services, Inc. 284,741  11,301 
   Cooper Cos., Inc. 320,048  11,019 
* LifePoint Hospitals, Inc. 392,759  10,789 
* Haemonetics Corp. 181,065  10,788 
* Immucor Inc. 499,769  10,665 
* AMERIGROUP Corp. 380,467  10,398 
* PAREXEL International Corp. 396,800  10,356 
* Dionex Corp. 133,469  10,276 
   West Pharmaceutical Services, Inc. 230,205  10,182 
*^ HealthSouth Corp. 564,006  10,034 
* WellCare Health Plans Inc. 252,710  9,843 
* Cepheid, Inc. 397,250  9,689 
* LifeCell Corp. 230,456  9,686 
* Health Management Associates Class A 1,736,555  9,186 
   Meridian Bioscience Inc. 269,988  9,026 
* Healthways, Inc. 254,936  9,009 
* PDL BioPharma Inc. 831,698  8,808 
*^ Advanced Medical Optics, Inc. 433,224  8,794 
*^ Isis Pharmaceuticals, Inc. 620,855  8,760 
* Nuvasive, Inc. 250,272  8,637 
* Alkermes, Inc. 725,847  8,623 
* Affymetrix, Inc. 495,182  8,621 
*^ Valeant Pharmaceuticals International 648,684  8,323 
* Applera Corp.-Celera Genomics Group 565,213  8,309 
* Regeneron Pharmaceuticals, Inc. 432,189  8,294 
* Alpharma, Inc. Class A 313,123  8,207 
   Medicis Pharmaceutical Corp. 400,618  7,888 
* The Medicines Co. 385,055  7,778 
* PSS World Medical, Inc. 462,645  7,708 
* Savient Pharmaceuticals Inc. 383,113  7,662 
* Medarex, Inc. 863,425  7,641 
* Cubist Pharmaceuticals, Inc. 400,870  7,384 
* Amedisys Inc. 187,011  7,357 
   Chemed Corp. 171,801  7,250 
* Sunrise Senior Living, Inc. 324,549  7,231 
* Martek Biosciences Corp. 233,035  7,124 
*^ American Medical Systems Holdings, Inc. 492,975  6,995 
*^ K-V Pharmaceutical Co. Class A 272,313  6,797 
* Incyte Corp. 637,168  6,697 
* Eclipsys Corp. 338,288  6,634 
*^ ArthroCare Corp. 196,063  6,539 
* Apria Healthcare Group Inc. 316,595  6,253 
* inVentiv Health, Inc. 215,275  6,202 
* Human Genome Sciences, Inc. 1,026,254  6,045 
   Analogic Corp. 89,303  5,942 
* Wright Medical Group, Inc. 245,175  5,919 
* Exelixis, Inc. 843,391  5,862 
   Mentor Corp. 222,238  5,716 
* Bruker BioSciences Corp. 368,472  5,671 
* Xenoport Inc. 139,879  5,661 
   Brookdale Senior Living Inc. 234,431  5,603 
* Thoratec Corp. 391,716  5,598 
* CONMED Corp. 216,850  5,560 
*^ Integra LifeSciences Holdings 126,165  5,484 
* The TriZetto Group, Inc. 318,832  5,321 
* HealthExtras, Inc. 213,427  5,302 
* Sciele Pharma, Inc. 264,541  5,159 
* Kindred Healthcare, Inc. 235,512  5,151 
* Rigel Pharmaceuticals, Inc. 270,399  5,046 
* Par Pharmaceutical Cos. Inc. 278,340  4,840 
* ViroPharma Inc. 531,183  4,749 
   Invacare Corp. 210,022  4,679 
* AmSurg Corp. 197,258  4,671 
*^ SurModics, Inc. 111,469  4,668 
* Kendle International Inc. 103,898  4,667 
* Auxilium Pharmaceuticals, Inc. 173,097  4,629 
* eResearch Technology, Inc. 359,301  4,463 
* Omnicell, Inc. 221,381  4,450 
* Nektar Therapeutics 636,848  4,420 
* AMAG Pharmaceuticals, Inc. 108,077  4,370 
* Centene Corp. 302,000  4,210 
* Orthofix International N.V. 105,424  4,193 
* Seattle Genetics, Inc. 459,552  4,182 
* Sun Healthcare Group Inc. 313,647  4,121 
* HMS Holdings Corp. 143,966  4,110 
* Conceptus, Inc. 221,196  4,105 
*^ Align Technology, Inc. 367,431  4,082 
* PharMerica Corp. 242,593  4,020 
* CV Therapeutics, Inc. 559,892  3,992 
*^ Alnylam Pharmaceuticals Inc. 163,416  3,987 
* Phase Forward Inc. 230,950  3,945 
* AMN Healthcare Services, Inc. 255,039  3,933 
* Emeritus Corp. 188,064  3,923 
*^ Halozyme Therapeutics Inc. 606,289  3,856 
*^ InterMune Inc. 262,942  3,834 
* Quidel Corp. 238,020  3,823 
* ev3 Inc. 465,898  3,792 
*^ Dendreon Corp. 785,665  3,787 
* Merit Medical Systems, Inc. 239,065  3,784 
*^ Arena Pharmaceuticals, Inc. 552,985  3,782 
* SonoSite, Inc. 132,661  3,772 
* Matria Healthcare, Inc. 166,422  3,711 
* Res-Care, Inc. 214,319  3,676 
* Air Methods Corp. 75,740  3,664 
* Allscripts Healthcare Solutions, Inc. 351,588  3,628 
* Healthspring, Inc. 250,950  3,533 
* Luminex Corp. 179,138  3,520 
*^ Theravance, Inc. 320,147  3,371 
* TomoTherapy, Inc. 232,183  3,332 
*^ Enzon Pharmaceuticals, Inc. 357,128  3,289 
* Bentley Pharmaceuticals, Inc. 201,083  3,268 
* I-Flow Corp. 230,147  3,229 
* XOMA Ltd. 1,242,693  3,219 
* Universal American Corp. 303,040  3,212 
   Landauer, Inc. 63,527  3,198 
* Third Wave Technologies 340,627  3,141 
* Cyberonics, Inc. 215,943  3,131 
*^ Geron Corp. 633,156  3,090 
* Cross Country Healthcare, Inc. 248,613  3,075 
* Abaxis, Inc. 132,726  3,075 
* Gentiva Health Services, Inc. 140,236  3,052 
   Vital Signs, Inc. 59,813  3,030 
* Pharmanet Development Group, Inc. 119,579  3,017 
* Acorda Therapeutics Inc. 164,360  2,950 
* Momenta Pharmaceuticals, Inc. 267,373  2,922 
* Providence Service Corp. 97,298  2,919 
   Datascope Corp. 70,185  2,908 
*^ MannKind Corp. 483,172  2,885 
* Zoll Medical Corp. 106,886  2,842 
*^ Allos Therapeutics Inc. 467,326  2,841 
* Symmetry Medical Inc. 170,636  2,833 
* CorVel Corp. 90,722  2,775 
* Durect Corp. 527,640  2,770 
*^ Acadia Pharmaceuticals Inc. 295,740  2,679 
* Greatbatch, Inc. 144,885  2,667 
*^ Accuray Inc. 340,715  2,661 
*^ Sirona Dental Systems Inc. 97,596  2,632 
*^ ABIOMED, Inc. 198,333  2,606 
* OraSure Technologies, Inc. 347,960  2,544 
* Indevus Pharmaceuticals, Inc. 533,177  2,543 
*^ Nabi Biopharmaceuticals 617,915  2,484 
* Abraxis BioScience 41,792  2,469 
* Volcano Corp. 196,901  2,461 
* Bio-Reference Laboratories, Inc. 93,121  2,461 
*^ Pozen Inc. 235,334  2,438 
* BioScrip Inc. 359,726  2,432 
   Computer Programs and Systems, Inc. 115,602  2,416 
* RTI Biologics, Inc. 248,913  2,352 
* Insulet Corp. 160,991  2,318 
* Cypress Bioscience, Inc. 323,436  2,316 
* ICU Medical, Inc. 80,435  2,314 
* RehabCare Group, Inc. 153,853  2,308 
* Salix Pharmaceuticals, Ltd. 364,225  2,287 
* MWI Veterinary Supply Inc. 64,700  2,281 
* Molina Healthcare Inc. 92,183  2,251 
* MedCath Corp. 122,869  2,236 
* Albany Molecular Research, Inc. 184,159  2,236 
* US Physical Therapy, Inc. 153,872  2,219 
* Adolor Corp. 483,086  2,208 
* IRIS International, Inc. 165,349  2,194 
* Exactech, Inc. 86,821  2,187 
* Neogen Corp. 84,858  2,130 
* Odyssey Healthcare, Inc. 236,516  2,129 
*^ Sangamo BioSciences, Inc. 209,177  2,125 
*^ APP Pharmaceuticals, Inc. 173,405  2,095 
* Novavax, Inc. 780,905  2,077 
* Pain Therapeutics, Inc. 244,131  2,063 
   Ligand Pharmaceuticals Inc. Class B 512,834  2,051 
* Palomar Medical Technologies, Inc. 135,559  2,047 
* Encysive Pharmaceuticals, Inc. 851,794  2,002 
* Cerus Corp. 345,402  1,993 
* Repligen Corp. 410,926  1,981 
* Spectranetics Corp. 236,529  1,977 
* Pharmasset, Inc. 109,500  1,974 
* CryoLife Inc. 207,028  1,946 
* Alliance Imaging, Inc. 222,355  1,912 
^ LCA-Vision Inc. 148,672  1,858 
* Matrixx Initiatives, Inc. 126,789  1,856 
*^ Zymogenetics, Inc. 187,196  1,835 
*^ Discovery Laboratories, Inc. 776,612  1,825 
*^ Medivation Inc. 128,129  1,823 
* Natus Medical Inc. 98,726  1,792 
* Collagenex Pharmaceuticals, Inc. 107,481  1,781 
* Accelrys Inc. 324,156  1,754 
* Kensey Nash Corp. 60,403  1,749 
* Lexicon Pharmaceuticals Inc. 843,641  1,704 
*^ Telik, Inc. 676,192  1,650 
* Endologix, Inc. 551,783  1,650 
* Alexza Pharmaceuticals, Inc. 237,776  1,636 
   Psychemedics Corp. 91,527  1,629 
* Assisted Living Concepts Inc. 275,548  1,623 
* Enzo Biochem, Inc. 178,487  1,622 
* Noven Pharmaceuticals, Inc. 179,900  1,616 
* Theragenics Corp. 405,636  1,598 
* Somanetics Corp. 102,005  1,588 
* Inspire Pharmaceuticals, Inc. 407,506  1,569 
*^ Stereotaxis Inc. 261,940  1,551 
* Monogram Biosciences, Inc. 1,457,296  1,545 
*^ GTx, Inc. 94,941  1,527 
   National Healthcare Corp. 31,205  1,520 
* Dyax Corp. 319,872  1,507 
*^ Sirtis Pharmaceuticals Inc. 115,855  1,505 
* Hi-Tech Pharmacal Co., Inc. 165,668  1,499 
* Caraco Pharmaceutical Laboratories, Ltd. 83,396  1,497 
   Cambrex Corp. 215,837  1,496 
* Vivus, Inc. 244,658  1,475 
* ARIAD Pharmaceuticals, Inc. 432,966  1,459 
* I-trax, Inc. 268,570  1,437 
* Synovis Life Technologies, Inc. 91,575  1,436 
*^ Immunomedics Inc. 503,139  1,414 
* Angiodynamics, Inc. 122,086  1,411 
*^ Poniard Pharmaceuticals, Inc. 421,274  1,411 
*^ Vital Images, Inc. 94,581  1,402 
*^ NPS Pharmaceuticals Inc. 351,896  1,372 
* Omrix Biopharmaceuticals, Inc. 97,625  1,367 
*^ Biodel Inc. 125,832  1,365 
* Array BioPharma Inc. 194,570  1,364 
* Skilled Healthcare Group Inc. 124,220  1,364 
*^ Idenix Pharmaceuticals Inc. 265,213  1,331 
*^ Rochester Medical Corp. 128,524  1,311 
*^ Santarus Inc. 506,995  1,303 
* Cytokinetics, Inc. 388,895  1,291 
*^ Genomic Health, Inc. 65,669  1,240 
* Akorn, Inc. 261,160  1,235 
* Cantel Medical Corp. 115,373  1,225 
* SciClone Pharmaceuticals, Inc. 647,749  1,224 
* StemCells, Inc. 772,573  1,213 
* Hanger Orthopedic Group, Inc. 110,186  1,188 
* National Dentex Corp. 91,976  1,186 
*^ Senomyx, Inc. 198,113  1,169 
* Medical Action Industries Inc. 69,562  1,143 
* Dexcom Inc. 270,357  1,119 
*^ Neurocrine Biosciences, Inc. 205,529  1,110 
*^ Trimeris, Inc. 170,044  1,109 
* Capital Senior Living Corp. 136,908  1,102 
* Medical Staffing Network Holdings, Inc. 230,932  1,081 
* ImmunoGen, Inc. 299,553  1,072 
* Maxygen Inc. 164,728  1,064 
* E-Z-EM, Inc. 50,336  1,056 
* Sequenom, Inc. 162,302  1,055 
* Cynosure Inc. 49,500  1,054 
*^ Progenics Pharmaceuticals, Inc. 161,371  1,054 
*^ Cell Genesys, Inc. 443,517  1,042 
* Cutera, Inc. 76,340  1,028 
*^ deCODE genetics, Inc. 665,334  1,018 
*^ BioCryst Pharmaceuticals, Inc. 216,982  1,000 
* Orexigen Therapeutics Inc. 97,014  999 
* Obagi Medical Products, Inc. 114,544  994 
* SuperGen, Inc. 392,800  986 
*^ American Dental Partners, Inc. 101,745  984 
*^ BioLase Technology, Inc. 317,642  981 
* Strategic Diagnostics Inc. 259,589  968 
*^ NxStage Medical, Inc. 223,687  966 
* America Service Group Inc. 158,342  960 
*^ Aspect Medical Systems, Inc. 152,163  928 
* HealthTronics Surgical Services, Inc. 285,496  925 
*^ La Jolla Pharmaceutical Co. 465,554  917 
* Five Star Quality Care, Inc. 144,398  917 
* Vical, Inc. 255,612  900 
* Nighthawk Radiology Holdings, Inc. 95,294  892 
* LHC Group Inc. 52,548  883 
* Orthovita, Inc. 336,373  868 
* Minrad International, Inc. 369,051  867 
* Harvard Bioscience, Inc. 173,380  867 
* Anika Resh Inc. 102,035  865 
*^ Columbia Laboratories Inc. 401,673  856 
* Candela Corp. 251,289  854 
* Life Sciences Research, Inc. 29,348  822 
* PDI, Inc. 97,537  821 
*^ Peregrine Pharmaceuticals, Inc. 1,747,004  821 
* Caliper Life Sciences, Inc. 218,426  819 
* Osteotech, Inc. 170,301  809 
*^ Generex Biotechnology Corp. 719,522  791 
*^ ATS Medical, Inc. 555,775  784 
* Vascular Solutions, Inc. 125,722  771 
*^ Emergency Medical Services LP Class A 31,060  767 
* Amicas, Inc. 340,233  766 
*^ AVI BioPharma, Inc. 400,445  737 
*^ ArQule, Inc. 172,058  736 
* Vanda Parmaceuticals, Inc. 186,731  723 
*^ GenVec, Inc. 406,025  715 
*^ Idera Pharmaceuticals, Inc. 70,460  705 
* National Medical Health Card Systems, Inc. 69,130  704 
* STAAR Surgical Co. 270,676  696 
* Metabolix Inc. 62,644  686 
* BioSphere Medical Inc. 149,120  684 
* ThermoGenesis Corp. 410,053  668 
* Emageon Inc. 281,821  645 
* Clinical Data, Inc. 34,210  633 
   Utah Medical Products, Inc. 20,958  622 
*^ Osiris Therapeutics, Inc. 49,092  618 
* RadNet, Inc. 86,022  606 
*^ Antigenics, Inc. 256,584  606 
*^ Corcept Therapeutics Inc. 185,282  597 
* Rural/Metro Corp. 253,205  590 
* Tercica, Inc. 101,885  584 
*^ MiddleBrook Pharmaceuticals Inc. 143,393  575 
*^ Penwest Pharmaceuticals Co. 216,387  563 
   Young Innovations, Inc. 32,451  562 
* Micrus Endovascular Corp. 44,826  554 
* Cardiac Science Corp. 65,431  546 
* Nuvelo, Inc. 761,803  541 
* DepoMed, Inc. 157,430  535 
*^ Altus Pharmaceuticals, Inc. 115,140  524 
* NMT Medical, Inc. 131,718  511 
* Titan Pharmaceuticals, Inc. 333,972  504 
*^ Introgen Therapeutics, Inc. 160,652  500 
^ Cytrx Corp. 420,920  484 
* Orchid Cellmark, Inc. 164,663  469 
*^ Continucare Corp. 184,921  460 
* Allied Healthcare International Inc. 286,957  459 
* VNUS Medical Technologies, Inc. 25,240  459 
* Sonic Innovations, Inc. 93,012  449 
* AVANT Immunotherapeutics, Inc. 45,830  449 
*^ Hansen Medical Inc. 31,884  448 
* Icad Inc. 179,174  441 
*^ BMP Sunstone Corp. 56,635  434 
* Curis, Inc. 308,954  433 
* Combinatorx, Inc. 124,372  428 
*^ Aastrom Biosciences, Inc. 1,068,642  427 
* Barrier Therapeutics Inc. 124,615  425 
* EPIX Pharmaceuticals Inc. 292,705  419 
* Affymax Inc. 29,582  417 
* PhotoMedex, Inc. 435,051  396 
* Infinity Pharmaceuticals, Inc. 63,823  389 
* Heska Corp. 244,014  388 
*^ Javelin Pharmaceuticals, Inc. 136,524  384 
* Allion Healthcare Inc. 91,105  376 
*^ Hythiam Inc. 309,418  374 
* Pharmacopeia Drug Discovery Inc. 94,397  347 
* Spectrum Pharmaceuticals Inc. 136,621  346 
* Renovis, Inc. 140,970  333 
*^ BioSante Pharmaceuticals, Inc. 72,541  331 
* Avigen, Inc. 117,222  327 
* ADVENTRX Pharmaceuticals, Inc. 594,715  321 
* Exact Sciences Corp. 103,258  300 
*^ Nastech Pharmaceutical Co., Inc. 125,421  295 
* Animal Health International, Inc. 26,906  294 
*^ Avanir Pharmaceuticals Class A 290,824  291 
*^ Neurometrix Inc. 157,416  286 
* Hollis-Eden Pharmaceuticals, Inc. 161,458  283 
* CuraGen Corp. 343,118  274 
*^ EntreMed, Inc. 395,759  273 
*^ Insmed Inc. 393,333  267 
* NitroMed, Inc. 244,347  261 
* Neurogen Corp. 135,457  252 
* DUSA Pharmaceuticals, Inc. 100,194  251 
* Oxigene, Inc. 134,527  245 
* Panacos Pharmaceuticals Inc. 338,718  237 
* Hemispherx Biopharma, Inc. 315,885  224 
*^ Ista Pharmaceuticals Inc. 116,020  224 
* Cadence Pharmaceuticals, Inc. 37,254  222 
*^ Nanogen, Inc. 490,758  216 
   Atrion Corp. 2,118  210 
* Daxor Corp. 15,600  208 
*^ NexMed, Inc. 152,819  205 
* Clarient, Inc. 142,100  203 
*^ RXi Pharmaceuticals Corp. 20,997  199 
* Keryx Biopharmaceuticals, Inc. 328,724  197 
* SRI/Surgical Express, Inc. 45,728  197 
* Northstar Neuroscience, Inc. 122,300  193 
* Dynavax Technologies Corp. 93,085  182 
* Hooper Holmes, Inc. 271,886  177 
*^ Cell Therapeutics, Inc. 264,123  174 
* Kosan Biosciences, Inc. 109,657  172 
*^ Emisphere Technologies, Inc. 101,448  169 
* Orthologic Corp. 195,146  166 
*^ Oscient Pharmaceuticals Corp. 94,904  165 
* Biomimetic Therapeutics, Inc. 20,636  165 
*^ Northfield Laboratories, Inc. 163,306  162 
* Anadys Pharmaceuticals Inc. 106,165  161 
* Mediware Information Systems, Inc. 28,106  161 
* Genelabs Technologies, Inc. 176,821  157 
* CardioDynamics International Corp. 621,228  155 
* Insite Vision, Inc. 232,018  146 
* The Quigley Corp. 27,574  141 
*^ Critical Therapeutics, Inc. 200,490  140 
* CombiMatrix Corp. 14,190  135 
*^ Threshold Pharmaceuticals, Inc. 343,907  134 
*^ Vion Pharmaceuticals, Inc. 89,814  134 
*^ Synta Pharmaceuticals Corp. 16,160  131 
* Alphatec Holdings, Inc. 24,105  121 
* Palatin Technologies, Inc. 423,746  115 
*^ SONUS Pharmaceuticals, Inc. 307,993  111 
* Retractable Technologies, Inc. 62,609  105 
* SCOLR Pharma Inc. 81,625  99 
* Digirad Corp. 34,468  97 
* NeoPharm, Inc. 171,106  96 
*^ GTC Biotherapeutics, Inc. 185,768  95 
* Pharmacyclics, Inc. 117,839  88 
* Genaera Corp. 52,269  88 
* AtheroGenics, Inc. 109,747  88 
*^ Fonar Corp. 22,896  87 
* Memory Pharmaceuticals Corp. 172,672  86 
* Cytogen Corp. 148,287  85 
*^ Lannett Co., Inc. 34,400  82 
* Lipid Sciences, Inc. 70,789  72 
* Neurobiological Technolgoies, Inc. 27,198  71 
* Immtech Pharmaceuticals Inc. 71,807  59 
* Neose Technologies, Inc. 181,530  51 
* Acusphere, Inc. 103,950  50 
* Celsion Corp. 9,239  49 
* Proxymed Pharmacy, Inc. 39,097  47 
* Bioject Medical Technologies Inc. 105,020  42 
* Micromet, Inc. 23,677  41 
*^ Isolagen Inc. 77,304  40 
*^ Hana Biosciences, Inc. 41,300  38 
* Vermillion, Inc. 11,382  36 
* Zila, Inc. 169,063  29 
* TorreyPines Therapeutics Inc. 20,863  29 
*^ Targeted Genetics Corp. 28,778  28 
* IVAX Diagnostics, Inc. 61,215  26 
*^ Genitope Corp. 98,052  25 
*^ Immunicon Corp. 81,502  24 
*^ Paincare Holdings Inc. 351,993  23 
* Pharmos Corp. 46,141  23 
* Access Plans USA, Inc. 18,941  20 
* Inhibitex Inc. 24,180  19 
* North American Scientific, Inc. 45,614  16 
* K-V Pharmaceutical Co. Class B 500  13 
* NationsHealth, Inc. 29,703 
* Q-Med, Inc. 72,075 
* Occulogix Inc. 116,245 
* Genta Inc. 5,667 

        12,003,292 

   Industrials (12.4%)
   General Electric Co. 71,777,566  2,656,488 
   United Technologies Corp. 6,669,654  459,006 
   The Boeing Co. 5,229,566  388,923 
   3M Co. 4,812,339  380,897 
   United Parcel Service, Inc. 4,889,415  357,025 
   Caterpillar, Inc. 4,516,532  353,599 
   Emerson Electric Co. 5,590,859  287,706 
   Honeywell International Inc. 5,038,672  284,282 
   Deere & Co. 3,127,543  251,580 
   Lockheed Martin Corp. 2,494,131  247,667 
   Burlington Northern Santa Fe Corp. 2,490,316  229,657 
   Union Pacific Corp. 1,771,963  222,169 
   General Dynamics Corp. 2,429,102  202,514 
   Raytheon Co. 3,029,195  195,716 
   FedEx Corp. 2,086,627  193,368 
   Northrop Grumman Corp. 2,282,686  177,616 
   CSX Corp. 2,987,212  167,493 
   Illinois Tool Works, Inc. 3,283,847  158,380 
   Tyco International, Ltd. 3,519,981  155,055 
   Norfolk Southern Corp. 2,749,998  149,380 
   Danaher Corp. 1,798,052  136,706 
   Waste Management, Inc. 3,609,858  121,147 
   PACCAR, Inc. 2,485,145  111,832 
   Precision Castparts Corp. 981,369  100,178 
   Textron, Inc. 1,769,768  98,081 
   L-3 Communications Holdings, Inc. 893,049  97,646 
   Fluor Corp. 628,446  88,711 
* McDermott International, Inc. 1,599,727  87,697 
   Ingersoll-Rand Co. 1,935,447  86,282 
   Parker Hannifin Corp. 1,194,445  82,739 
   Eaton Corp. 1,036,178  82,552 
   Expeditors International of Washington, Inc. 1,513,626  68,386 
   Rockwell Collins, Inc. 1,157,141  66,131 
   Southwest Airlines Co. 5,213,404  64,646 
   Cummins Inc. 1,378,433  64,538 
* First Solar, Inc. 276,972  64,019 
   ITT Industries, Inc. 1,223,360  63,382 
* Jacobs Engineering Group Inc. 858,644  63,188 
   C.H. Robinson Worldwide Inc. 1,144,975  62,287 
   Trane, Inc. 1,291,082  59,261 
   Dover Corp. 1,411,317  58,965 
* Foster Wheeler Ltd. 1,021,255  57,823 
   Rockwell Automation, Inc. 1,006,812  57,811 
   Pitney Bowes, Inc. 1,540,430  53,946 
   Masco Corp. 2,620,861  51,972 
   Cooper Industries, Inc. Class A 1,279,702  51,380 
   Joy Global Inc. 767,893  50,036 
   Goodrich Corp. 842,868  48,473 
   R.R. Donnelley & Sons Co. 1,524,211  46,199 
* Terex Corp. 729,080  45,568 
   Flowserve Corp. 406,110  42,390 
   Fastenal Co. 900,112  41,342 
   SPX Corp. 372,357  39,060 
* AGCO Corp. 650,852  38,973 
   Republic Services, Inc. Class A 1,327,323  38,811 
   The Manitowoc Co., Inc. 922,661  37,645 
   Roper Industries Inc. 629,761  37,433 
   W.W. Grainger, Inc. 478,701  36,568 
   Avery Dennison Corp. 681,049  33,542 
   The Dun & Bradstreet Corp. 411,712  33,505 
   Ametek, Inc. 761,989  33,459 
   KBR Inc. 1,204,022  33,388 
   Harsco Corp. 598,176  33,127 
   Manpower Inc. 575,480  32,377 
   Equifax, Inc. 936,485  32,290 
* Stericycle, Inc. 617,292  31,791 
   Pall Corp. 870,816  30,540 
   Cintas Corp. 1,015,620  28,986 
* Quanta Services, Inc. 1,209,858  28,032 
   Robert Half International, Inc. 1,086,756  27,973 
* Shaw Group, Inc. 576,686  27,185 
   Bucyrus International, Inc. 265,986  27,037 
* Allied Waste Industries, Inc. 2,375,799  25,682 
   Ryder System, Inc. 412,655  25,135 
* FTI Consulting, Inc. 341,898  24,288 
* Corrections Corp. of America 881,924  24,271 
* ChoicePoint Inc. 508,787  24,218 
* Covanta Holding Corp. 874,454  24,047 
* Alliant Techsystems, Inc. 232,204  24,040 
   The Brink's Co. 344,479  23,142 
   Walter Industries, Inc. 369,298  23,129 
* BE Aerospace, Inc. 658,575  23,017 
* General Cable Corp. 373,531  22,064 
* Kansas City Southern 546,109  21,904 
   Pentair, Inc. 671,164  21,410 
* Kirby Corp. 361,530  20,607 
   Donaldson Co., Inc. 506,273  20,393 
* Monster Worldwide Inc. 832,656  20,159 
   Landstar System, Inc. 382,580  19,955 
   J.B. Hunt Transport Services, Inc. 632,195  19,870 
*^ SunPower Corp. Class A 265,636  19,793 
* Copart, Inc. 507,178  19,658 
*^ USG Corp. 527,605  19,426 
   Oshkosh Truck Corp. 528,342  19,168 
   Lincoln Electric Holdings, Inc. 290,946  18,763 
* URS Corp. 567,809  18,562 
   UAL Corp. 828,115  17,829 
   IDEX Corp. 578,924  17,767 
   The Timken Co. 578,401  17,190 
   Watson Wyatt & Co. Holdings 301,870  17,131 
   DRS Technologies, Inc. 293,567  17,109 
* IHS Inc. Class A 260,726  16,767 
* Delta Air Lines Inc. 1,916,830  16,485 
   Kennametal, Inc. 554,231  16,311 
   Graco, Inc. 447,153  16,214 
* Spirit Aerosystems Holdings Inc. 729,193  16,174 
* AMR Corp. 1,775,017  16,011 
   Con-way, Inc. 321,659  15,916 
   Trinity Industries, Inc. 580,780  15,478 
   Hubbell Inc. Class B 350,482  15,313 
* Thomas & Betts Corp. 413,028  15,022 
* Waste Connections, Inc. 483,347  14,858 
   Carlisle Co., Inc. 441,387  14,760 
   MSC Industrial Direct Co., Inc. Class A 338,947  14,321 
^ UAP Holding Corp. 371,655  14,249 
* Gardner Denver Inc. 380,782  14,127 
   Lennox International Inc. 387,968  13,955 
   Crane Co. 342,510  13,820 
* Continental Airlines, Inc. Class B 699,744  13,456 
   GATX Corp. 342,555  13,384 
   Curtiss-Wright Corp. 317,251  13,160 
* Hexcel Corp. 681,253  13,019 
   Acuity Brands, Inc. 302,581  12,996 
   Teleflex Inc. 267,190  12,748 
   Alexander & Baldwin, Inc. 289,789  12,484 
   Wabtec Corp. 330,445  12,445 
* Hertz Global Holdings Inc. 1,030,249  12,425 
   Brady Corp. Class A 362,154  12,107 
   CLARCOR Inc. 336,940  11,978 
   Actuant Corp. 393,787  11,896 
   The Toro Co. 286,447  11,856 
* GrafTech International Ltd. 730,566  11,842 
   Nordson Corp. 216,909  11,681 
   Woodward Governor Co. 435,877  11,647 
* WESCO International, Inc. 312,413  11,400 
   Belden Inc. 321,955  11,371 
   Valmont Industries, Inc. 128,892  11,328 
* Teledyne Technologies, Inc. 238,583  11,213 
* Moog Inc. 259,831  10,967 
   Herman Miller, Inc. 435,545  10,701 
* Esterline Technologies Corp. 209,317  10,543 
* Geo Group Inc. 365,047  10,382 
* United Rentals, Inc. 551,003  10,381 
   The Corporate Executive Board Co. 253,918  10,279 
* EMCOR Group, Inc. 462,672  10,276 
* Owens Corning Inc. 560,302  10,158 
* Orbital Sciences Corp. 421,262  10,152 
^ Lindsay Manufacturing Co. 92,188  9,447 
^ Genco Shipping and Trading Ltd. 164,869  9,304 
* Hub Group, Inc. 273,279  8,988 
   Mine Safety Appliances Co. 216,735  8,927 
   Macquarie Infrastructure Co. LLC 305,225  8,891 
   Kaydon Corp. 199,601  8,764 
   Skywest, Inc. 412,936  8,721 
* United Stationers, Inc. 182,091  8,686 
   Eagle Bulk Shipping Inc. 335,156  8,634 
*^ Energy Conversion Devices, Inc. 286,108  8,555 
   UTI Worldwide, Inc. 424,001  8,514 
   Forward Air Corp. 237,978  8,434 
   Regal-Beloit Corp. 228,572  8,373 
   Granite Construction Co. 253,858  8,304 
   Applied Industrial Technology, Inc. 277,580  8,297 
   Baldor Electric Co. 296,246  8,295 
* Tetra Tech, Inc. 416,526  8,126 
^ HNI Corp. 295,275  7,940 
* Avis Budget Group, Inc. 740,811  7,867 
* Clean Harbors Inc. 120,931  7,860 
   Mueller Industries Inc. 266,157  7,679 
* Genesee & Wyoming Inc. Class A 222,640  7,659 
^ Simpson Manufacturing Co. 278,561  7,571 
   Albany International Corp. 208,584  7,538 
* AAR Corp. 272,233  7,424 
^ Watsco, Inc. 178,592  7,397 
* ESCO Technologies Inc. 184,716  7,337 
   Quintana Maritime Ltd. 308,661  7,309 
   ABM Industries Inc. 322,172  7,230 
   Deluxe Corp. 371,674  7,140 
^ Knight Transportation, Inc. 431,405  7,101 
* The Advisory Board Co. 128,685  7,070 
*^ The Middleby Corp. 113,198  7,062 
*^ American Superconductor Corp. 298,388  6,920 
* Old Dominion Freight Line, Inc. 214,041  6,813 
* PHH Corp. 390,543  6,807 
   Robbins & Myers, Inc. 207,728  6,782 
* Perini Corp. 186,731  6,765 
   Triumph Group, Inc. 118,814  6,764 
* Chart Industries, Inc. 199,542  6,752 
   Resources Connection, Inc. 371,257  6,634 
*^ Evergreen Solar, Inc. 704,954  6,535 
   Ameron International Corp. 69,658  6,515 
   Werner Enterprises, Inc. 350,540  6,506 
   Briggs & Stratton Corp. 354,476  6,345 
*^ American Commercial Lines Inc. 401,306  6,341 
*^ JetBlue Airways Corp. 1,083,977  6,287 
* II-VI, Inc. 163,454  6,208 
* Navigant Consulting, Inc. 326,874  6,204 
^ Watts Water Technologies, Inc. 217,206  6,088 
   Heartland Express, Inc. 423,793  6,043 
   Arkansas Best Corp. 188,852  6,017 
* TransDigm Group, Inc. 161,600  5,987 
   Armstrong Worldwide Industries, Inc. 162,171  5,783 
* Ceradyne, Inc. 178,757  5,713 
* TeleTech Holdings, Inc. 254,179  5,709 
* Alaska Air Group, Inc. 283,262  5,558 
* Acco Brands Corp. 402,628  5,464 
^ Healthcare Services Group, Inc. 262,687  5,422 
*^ YRC Worldwide, Inc. 396,888  5,207 
* Atlas Air Worldwide Holdings, Inc. 94,325  5,188 
* US Airways Group Inc. 576,037  5,132 
* RBC Bearings Inc. 136,923  5,084 
   Viad Corp. 140,970  5,076 
   Barnes Group, Inc. 220,111  5,052 
* School Specialty, Inc. 160,133  5,051 
* Korn/Ferry International 297,132  5,022 
   Kaman Corp. Class A 175,946  4,978 
* Huron Consulting Group Inc. 118,765  4,935 
   A.O. Smith Corp. 148,038  4,866 
   IKON Office Solutions, Inc. 635,988  4,834 
   Rollins, Inc. 270,399  4,783 
* EnerSys 196,693  4,705 
   Titan International, Inc. 152,999  4,683 
   Pacer International, Inc. 283,988  4,666 
* Columbus McKinnon Corp. 150,227  4,654 
   Steelcase Inc. 419,875  4,644 
* TrueBlue, Inc. 344,683  4,633 
   Dynamic Materials Corp. 106,940  4,620 
*^ CoStar Group, Inc. 106,838  4,594 
* Republic Airways Holdings Inc. 208,454  4,515 
   G & K Services, Inc. Class A 122,716  4,370 
* Mobile Mini, Inc. 229,866  4,367 
* GenCorp, Inc. 423,804  4,361 
^ Franklin Electric, Inc. 126,690  4,329 
* EnPro Industries, Inc. 138,715  4,327 
   Tennant Co. 108,574  4,322 
   Comfort Systems USA, Inc. 325,086  4,229 
   CIRCOR International, Inc. 90,822  4,200 
   Interface, Inc. 298,049  4,188 
* Astec Industries, Inc. 106,261  4,119 
* M&F Worldwide Corp. 108,453  4,055 
* Layne Christensen Co. 115,439  4,043 
   Federal Signal Corp. 288,898  4,033 
* Consolidated Graphics, Inc. 71,948  4,033 
* AirTran Holdings, Inc. 609,244  4,021 
   Mueller Water Products, Inc. 507,035  3,995 
^ Horizon Lines Inc. 213,524  3,974 
   Knoll, Inc. 342,985  3,958 
* American Reprographics Co. 265,931  3,946 
   American Science & Engineering, Inc. 71,278  3,890 
   Aircastle Ltd. 342,646  3,855 
* Tecumseh Products Co. Class A 125,429  3,848 
*^ Taser International Inc. 406,847  3,824 
   Freightcar America Inc. 111,059  3,809 
* Team, Inc. 138,310  3,776 
*^ FuelCell Energy, Inc. 566,969  3,770 
* Interline Brands, Inc. 203,246  3,770 
   Cascade Corp. 75,938  3,744 
   Administaff, Inc. 158,374  3,739 
^ Gorman-Rupp Co. 111,921  3,681 
   Cubic Corp. 127,225  3,617 
* Cenveo Inc. 340,639  3,563 
* CBIZ Inc. 437,907  3,556 
*^ Fuel-Tech N.V. 171,661  3,519 
* L.B. Foster Co. Class A 81,602  3,514 
   Raven Industries, Inc. 115,250  3,492 
   Heidrick & Struggles International, Inc. 107,284  3,490 
   Universal Forest Products, Inc. 107,448  3,460 
* Kadant Inc. 116,660  3,427 
* Superior Essex Inc. 120,197  3,380 
   McGrath RentCorp 139,929  3,374 
   Kelly Services, Inc. Class A 162,178  3,334 
   Tredegar Corp. 182,466  3,323 
*^ Capstone Turbine Corp. 1,563,471  3,315 
   Bowne & Co., Inc. 213,346  3,253 
   Badger Meter, Inc. 74,635  3,224 
   Apogee Enterprises, Inc. 205,771  3,169 
* Spherion Corp. 515,988  3,158 
   CDI Corp. 125,884  3,153 
* Altra Holdings Inc. 232,056  3,121 
^ The Greenbrier Cos., Inc. 113,000  2,997 
* Beacon Roofing Supply, Inc. 298,320  2,983 
* NCI Building Systems, Inc. 122,047  2,954 
* Blount International, Inc. 238,161  2,946 
* Ladish Co., Inc. 81,496  2,934 
* Amerco, Inc. 50,502  2,883 
*^ Innerworkings, Inc. 205,096  2,877 
* Furmanite Corp. 337,441  2,868 
* AZZ Inc. 80,396  2,860 
* Exponent, Inc. 85,789  2,817 
^ Encore Wire Corp. 154,353  2,811 
*^ Power-One, Inc. 867,137  2,784 
* Axsys Technologies, Inc. 55,804  2,783 
* Accuride Corp. 330,462  2,703 
* Casella Waste Systems, Inc. 240,942  2,633 
* Flow International Corp. 282,440  2,624 
*^ Odyssey Marine Exploration, Inc. 475,403  2,562 
   HEICO Corp. 52,314  2,550 
*^ Waste Services, Inc. 305,626  2,482 
* Kforce Inc. 278,192  2,459 
* Allegiant Travel Co. 92,604  2,447 
* GeoEye Inc. 93,433  2,428 
   Ennis, Inc. 144,183  2,419 
^ Houston Wire & Cable Co. 149,029  2,387 
   American Ecology Corp. 93,111  2,358 
   NACCO Industries, Inc. Class A 29,096  2,355 
   Waste Industries USA, Inc. 63,296  2,288 
* DynCorp International Inc. Class A 136,609  2,279 
* Dollar Thrifty Automotive Group, Inc. 166,810  2,275 
* Insituform Technologies Inc. Class A 163,803  2,265 
* Ducommun, Inc. 81,760  2,262 
*^ Valence Technology Inc. 511,235  2,255 
* Lydall, Inc. 192,632  2,206 
* NuCo2, Inc. 78,630  2,184 
   Standex International Corp. 95,966  2,144 
   Sun Hydraulics Corp. 72,902  2,134 
* Cornell Cos., Inc. 94,136  2,114 
* Ultralife Batteries, Inc. 178,984  2,114 
* Sterling Construction Co., Inc. 113,906  2,075 
   Electro Rent Corp. 134,213  2,033 
* Kenexa Corp. 108,807  2,011 
* CRA International Inc. 61,855  1,988 
*^ Plug Power, Inc. 623,583  1,939 
* Volt Information Sciences Inc. 114,143  1,936 
   HEICO Corp. Class A 49,220  1,931 
   LSI Industries Inc. 144,796  1,913 
   Ampco-Pittsburgh Corp. 44,468  1,912 
* Pike Electric Corp. 136,320  1,899 
* H&E Equipment Services, Inc. 146,192  1,838 
   Met-Pro Corp. 163,706  1,837 
* MTC Technologies, Inc. 76,993  1,831 
*^ Medis Technology Ltd. 201,366  1,826 
* Rush Enterprises, Inc. Class A 114,847  1,819 
* Northwest Pipe Co. 42,497  1,806 
   Applied Signal Technology, Inc. 151,877  1,792 
*^ Innovative Solutions and Support, Inc. 165,548  1,750 
* Griffon Corp. 200,068  1,721 
   Courier Corp. 68,902  1,719 
   Diamond Management and Technology Consultants,Inc. 263,579  1,700 
   TAL International Group, Inc. 71,726  1,691 
* LECG Corp. 177,766  1,664 
* PRG-Schultz International, Inc. 188,824  1,650 
   Wabash National Corp. 182,460  1,640 
* GP Strategies Corp. 171,410  1,628 
   Gibraltar Industries Inc. 138,362  1,623 
* Hudson Highland Group, Inc. 186,422  1,579 
* Marten Transport, Ltd. 97,662  1,516 
* Learning Tree International, Inc. 107,409  1,506 
   AAON, Inc. 74,926  1,501 
^ American Woodmark Corp. 72,624  1,493 
*^ 3D Systems Corp. 101,487  1,491 
   Lawson Products, Inc. 53,965  1,487 
   Insteel Industries, Inc. 125,743  1,462 
* Standard Parking Corp. 69,722  1,461 
* WCA Waste Corp. 239,770  1,458 
   Kimball International, Inc. Class B 135,876  1,457 
* Powell Industries, Inc. 36,979  1,456 
* Miller Industries, Inc. 150,634  1,451 
* On Assignment, Inc. 224,869  1,428 
*^ EnerNOC Inc. 122,325  1,395 
* Saia, Inc. 87,260  1,384 
* Celadon Group Inc. 142,921  1,383 
* Argon ST, Inc. 79,159  1,346 
* Hawaiian Holdings, Inc. 223,264  1,340 
* TBS International Ltd. 44,001  1,329 
   NN, Inc. 135,107  1,315 
* Hurco Cos., Inc. 27,912  1,306 
* Polypore International Inc. 63,107  1,306 
*^ Builders FirstSource, Inc. 179,608  1,304 
*^ Pinnacle Airlines Corp. 147,807  1,290 
   Frozen Food Express Industries, Inc. 161,030  1,279 
   Aceto Corp. 182,431  1,266 
*^ TurboChef Technologies, Inc. 193,757  1,263 
*^ Flanders Corp. 207,322  1,263 
* Rush Enterprises, Inc. Class B 84,568  1,241 
   Angelica Corp. 67,611  1,213 
* Dynamex Inc. 47,867  1,211 
* Park-Ohio Holdings Corp. 74,609  1,172 
   Vicor Corp. 97,437  1,163 
* LMI Aerospace, Inc. 59,729  1,157 
*^ RSC Holdings Inc. 104,650  1,141 
* Michael Baker Corp. 50,515  1,135 
   Multi-Color Corp. 49,319  1,103 
   Barrett Business Services, Inc. 62,390  1,069 
*^ PowerSecure International, Inc. 89,900  1,058 
* K-Tron International, Inc 8,629  1,036 
*^ Microvision, Inc. 425,045  1,029 
   Quixote Corp. 123,106  1,028 
   Mueller Water Products, Inc. Class A 125,170  1,024 
   Great Lakes Dredge & Dock Co. 197,982  1,024 
   The Standard Register Co. 130,469  1,016 
   Chase Corp. 55,683  1,008 
* La Barge, Inc. 83,122  1,002 
* Commercial Vehicle Group Inc. 99,985  991 
*^ Force Protection, Inc. 489,901  985 
*^ Arrowhead Research Corp. 347,667  984 
^ Bluelinx Holdings Inc. 192,732  981 
   Alamo Group, Inc. 45,782  974 
* Stanley Inc. 32,560  959 
* P.A.M. Transportation Services, Inc. 61,308  954 
* ExpressJet Holdings, Inc. 361,120  950 
* Magnatek, Inc. 270,527  931 
* Gehl Co. 53,660  909 
* Willis Lease Finance Corp. 69,883  878 
   Todd Shipyards Corp. 53,942  871 
   Superior Uniform Group, Inc. 86,089  860 
* International Shipholding Corp. 44,494  853 
* Integrated Electrical Services, Inc. 53,463  840 
* PeopleSupport Inc. 92,019  839 
* ABX Holdings Inc. 281,898  829 
*^ Basin Water, Inc. 144,243  828 
   Twin Disc, Inc. 51,416  813 
* Active Power, Inc. 435,999  811 
^ American Railcar Industries, Inc. 39,700  807 
*^ Applied Energetics, Inc. 461,882  767 
*^ Frontier Airlines Holdings, Inc. 300,828  761 
* Herley Industries Inc. 72,383  748 
   L.S. Starrett Co. Class A 38,288  737 
* Mac-Gray Corp. 64,133  732 
   Schawk, Inc. 45,752  732 
   Virco Manufacturing Corp. 136,040  711 
   Hardinge, Inc. 51,394  707 
* COMSYS IT Partners Inc. 82,745  700 
*^ C & D Technologies, Inc. 134,256  674 
* ICT Group, Inc. 66,560  672 
* USA Truck, Inc. 51,983  671 
* TRC Cos., Inc. 151,353  661 
* MAIR Holdings, Inc. 167,946  638 
*^ Trex Co., Inc. 79,498  626 
* Raytheon Co. Warrants Exp. 6/16/11 19,938  597 
* The Allied Defense Group, Inc. 88,300  523 
* Astronics Corp. 26,200  506 
^ AMREP Corp. 9,512  497 
   CompX International Inc. 52,823  486 
* Nashua Corp. 42,876  471 
* Covenant Transport, Inc. 85,257  435 
* UQM Technologies, Inc. 248,855  421 
* SL Industries, Inc. 20,500  408 
*^ Protection One, Inc. 41,523  398 
* Mesa Air Group Inc. 164,069  386 
* First Advantage Corp. Class A 17,800  377 
^ Hubbell Inc. Class A 7,600  362 
* Aerovironment Inc. 17,521  358 
* TriMas Corp. 67,390  355 
* U.S. Home Systems, Inc. 95,758  348 
^ Omega Flex Inc. 31,471  338 
* Intersections Inc. 39,228  338 
* Perma-Fix Environmental Services, Inc. 206,211  334 
* Universal Truckload Services, Inc. 15,231  318 
* Paragon Technologies, Inc. 46,135  246 
* Innotrac Corp. 62,932  244 
* Quality Distribution Inc. 72,996  233 
* Huttig Building Products, Inc. 99,946  232 
*^ Milacron Inc. 86,417  219 
   Sypris Solutions, Inc. 44,764  185 
*^ China BAK Battery, Inc. 46,700  176 
*^ Distributed Energy Systems Corp. 319,370  144 
* Aerosonic Corp. 32,574  143 
* ICF International, Inc. 6,500  130 
* APAC Teleservices, Inc. 149,170  130 
* Arotech Corp. 38,245  104 
* Spherix Inc. 59,160  74 
* Advanced Environmental Recycling Technologies, Inc. 78,953  67 
* Alabama Aircraft Industries, Inc. 20,714  60 
   Xerium Technologies Inc. 39,720  51 
* Environmental Tectonics Corp. 19,900  44 
* Modtech Holdings, Inc. 114,084  32 
* TRM Corp. 68,332  17 
*^ Millennium Cell Inc. 128,346  16 
* BMC Industries, Inc. 211,416 

        12,634,814 

   Information Technology (15.8%)
   Microsoft Corp. 59,800,734  1,697,145 
   International Business Machines Corp. 9,786,601  1,126,829 
* Cisco Systems, Inc. 43,089,181  1,038,018 
* Apple Inc. 6,221,830  892,833 
   Intel Corp. 41,526,752  879,537 
   Hewlett-Packard Co. 18,309,989  836,034 
* Google Inc. 1,673,411  737,087 
* Oracle Corp. 29,097,851  569,154 
   QUALCOMM Inc. 11,622,443  476,520 
* Dell Inc. 15,085,890  300,511 
   Texas Instruments, Inc. 9,930,675  280,740 
   Corning, Inc. 11,192,141  269,059 
* Yahoo! Inc. 8,547,729  247,286 
* eBay Inc. 7,690,680  229,490 
* EMC Corp. 14,911,086  213,825 
   Applied Materials, Inc. 9,793,507  191,071 
   Automatic Data Processing, Inc. 3,736,785  158,402 
   Motorola, Inc. 16,222,073  150,865 
   Accenture Ltd. 4,268,785  150,133 
* Adobe Systems, Inc. 4,077,619  145,122 
   Tyco Electronics Ltd. 3,532,843  121,247 
* MEMC Electronic Materials, Inc. 1,628,141  115,435 
   Western Union Co. 5,332,375  113,420 
   MasterCard, Inc. Class A 507,264  113,115 
* Electronic Arts Inc. 2,237,089  111,675 
* Symantec Corp. 6,161,805  102,409 
* Sun Microsystems, Inc. 6,517,363  101,215 
   Xerox Corp. 6,565,712  98,289 
* Juniper Networks, Inc. 3,520,394  88,010 
   Paychex, Inc. 2,395,363  82,065 
* Agilent Technologies, Inc. 2,745,396  81,895 
   Seagate Technology 3,779,717  79,147 
* NVIDIA Corp. 3,750,789  74,228 
   CA, Inc. 2,929,607  65,916 
* Broadcom Corp. 3,344,341  64,445 
   Analog Devices, Inc. 2,155,770  63,638 
* Intuit, Inc. 2,246,241  60,671 
   Electronic Data Systems Corp. 3,637,196  60,559 
* Cognizant Technology Solutions Corp. 2,063,497  59,491 
* Activision, Inc. 2,070,194  56,537 
* Flextronics International Ltd. 5,909,627  55,491 
* BEA Systems, Inc. 2,830,298  54,200 
* Fiserv, Inc. 1,111,482  53,451 
   Fidelity National Information Services, Inc. 1,377,650  52,544 
* VeriSign, Inc. 1,570,192  52,193 
* Autodesk, Inc. 1,646,456  51,830 
* NetApp, Inc. 2,528,654  50,700 
* Computer Sciences Corp. 1,236,109  50,421 
   Microchip Technology, Inc. 1,522,486  49,831 
   Xilinx, Inc. 2,089,302  49,621 
   Linear Technology Corp. 1,588,174  48,741 
   KLA-Tencor Corp. 1,294,426  48,023 
* NAVTEQ Corp. 700,013  47,601 
   Harris Corp. 973,439  47,241 
   Amphenol Corp. 1,266,196  47,166 
* BMC Software, Inc. 1,391,513  45,252 
   Altera Corp. 2,386,850  43,990 
* Western Digital Corp. 1,564,220  42,297 
* Citrix Systems, Inc. 1,348,139  39,541 
* salesforce.com, inc. 671,463  38,858 
* Marvell Technology Group Ltd. 3,566,777  38,807 
* McAfee Inc. 1,133,648  37,512 
* SanDisk Corp. 1,628,026  36,745 
* Iron Mountain, Inc. 1,352,393  35,757 
* Avnet, Inc. 1,065,684  34,880 
   National Semiconductor Corp. 1,876,173  34,371 
* LAM Research Corp. 884,778  33,816 
* Affiliated Computer Services, Inc. Class A 666,856  33,416 
* Micron Technology, Inc. 5,405,426  32,270 
* Akamai Technologies, Inc. 1,121,855  31,591 
* NCR Corp. 1,285,584  29,350 
* Arrow Electronics, Inc. 871,777  29,335 
* Teradata Corp. 1,285,607  28,360 
   Total System Services, Inc. 1,194,876  28,271 
* FLIR Systems, Inc. 917,219  27,599 
* Hewitt Associates, Inc. 684,210  27,211 
* Cypress Semiconductor Corp. 1,132,041  26,727 
* Alliance Data Systems Corp. 559,952  26,603 
*^ Advanced Micro Devices, Inc. 4,292,738  25,284 
* Mettler-Toledo International Inc. 256,147  24,877 
* LSI Corp. 5,020,381  24,851 
* Trimble Navigation Ltd. 861,450  24,629 
* Red Hat, Inc. 1,309,929  24,090 
   Intersil Corp. 931,223  23,904 
* Synopsys, Inc. 1,029,419  23,378 
   Global Payments Inc. 560,475  23,181 
* DST Systems, Inc. 349,848  22,999 
* Lexmark International, Inc. 674,126  20,709 
* Cadence Design Systems, Inc. 1,912,984  20,431 
* Brocade Communications Systems, Inc. 2,773,947  20,250 
* JDS Uniphase Corp. 1,500,382  20,090 
* Itron, Inc. 217,944  19,665 
* MICROS Systems, Inc. 583,593  19,644 
* ANSYS, Inc. 557,108  19,231 
* Ciena Corp. 611,950  18,866 
* Nuance Communications, Inc. 1,033,110  17,986 
   Diebold, Inc. 468,523  17,593 
* Ingram Micro, Inc. Class A 1,105,869  17,506 
   Broadridge Financial Solutions LLC 990,884  17,440 
* Novellus Systems, Inc. 827,179  17,412 
*^ Cree, Inc. 607,366  16,982 
* Sybase, Inc. 638,889  16,803 
   FactSet Research Systems Inc. 311,808  16,797 
* CommScope, Inc. 479,224  16,691 
* Tellabs, Inc. 2,972,174  16,198 
* Zebra Technologies Corp. Class A 483,486  16,110 
   Molex, Inc. 679,120  15,728 
* Novell, Inc. 2,492,809  15,680 
*^ Equinix, Inc. 232,717  15,473 
* QLogic Corp. 1,005,960  15,441 
* Anixter International Inc. 240,537  15,404 
* Teradyne, Inc. 1,237,212  15,366 
* Varian Semiconductor Equipment Associates, Inc. 541,015  15,230 
* ON Semiconductor Corp. 2,672,159  15,178 
* Compuware Corp. 2,040,972  14,981 
* Polycom, Inc. 647,655  14,598 
* SAIC, Inc. 777,622  14,456 
   Jack Henry & Associates Inc. 574,303  14,168 
* Rambus Inc. 599,242  13,968 
* Convergys Corp. 927,413  13,967 
* Take-Two Interactive Software, Inc. 528,694  13,492 
* Parametric Technology Corp. 828,425  13,238 
* SINA.com 371,302  13,088 
* NeuStar, Inc. Class A 491,919  13,026 
* Tech Data Corp. 394,647  12,944 
* Dolby Laboratories Inc. 353,887  12,832 
   Jabil Circuit, Inc. 1,335,876  12,637 
* ValueClick, Inc. 701,395  12,099 
* Integrated Device Technology Inc. 1,353,650  12,088 
* Microsemi Corp. 525,299  11,977 
* Metavante Technologies 592,935  11,853 
* Foundry Networks, Inc. 1,019,216  11,803 
* Silicon Laboratories Inc. 354,915  11,194 
   National Instruments Corp. 426,396  11,146 
* Vishay Intertechnology, Inc. 1,230,190  11,146 
* International Rectifier Corp. 516,484  11,104 
* F5 Networks, Inc. 606,729  11,024 
* Unisys Corp. 2,470,188  10,943 
* Informatica Corp. 627,339  10,702 
* Fairchild Semiconductor International, Inc. 888,071  10,586 
*^ VistaPrint Ltd. 295,235  10,318 
* THQ Inc. 471,342  10,275 
* ADC Telecommunications, Inc. 840,886  10,158 
* Atmel Corp. 2,880,283  10,023 
* Perot Systems Corp. 662,683  9,967 
* Rofin-Sinar Technologies Inc. 221,398  9,941 
* CACI International, Inc. 214,484  9,770 
* TIBCO Software Inc. 1,363,302  9,734 
* Emulex Corp. 598,601  9,721 
* Concur Technologies, Inc. 312,040  9,689 
* Plexus Corp. 332,824  9,336 
* Benchmark Electronics, Inc. 511,095  9,174 
* Sohu.com Inc. 200,597  9,053 
* Amkor Technology, Inc. 841,971  9,009 
* Solera Holdings, Inc. 369,115  8,992 
* Progress Software Corp. 299,354  8,957 
* Digital River, Inc. 287,839  8,914 
* EchoStar Corp. 299,429  8,845 
* PMC Sierra Inc. 1,547,947  8,823 
* Omniture, Inc. 375,164  8,708 
* Wright Express Corp. 283,270  8,705 
* Gartner, Inc. Class A 448,413  8,672 
* MPS Group, Inc. 716,161  8,465 
* Atheros Communications, Inc. 404,123  8,422 
* Verigy Ltd. 426,922  8,043 
* Skyworks Solutions, Inc. 1,095,753  7,977 
   ADTRAN Inc. 426,526  7,891 
* j2 Global Communications, Inc. 351,563  7,847 
* Intermec, Inc. 348,564  7,735 
   Blackbaud, Inc. 317,465  7,708 
   Fair Isaac, Inc. 358,013  7,704 
* Checkpoint Systems, Inc. 285,396  7,663 
*^ VeriFone Holdings, Inc. 476,744  7,566 
* SRA International, Inc. 309,678  7,528 
* EarthLink, Inc. 992,581  7,494 
   Plantronics, Inc. 380,857  7,354 
*^ CNET Networks, Inc. 1,031,625  7,325 
* Semtech Corp. 504,916  7,235 
* Lawson Software, Inc. 958,645  7,219 
   Molex, Inc. Class A 327,691  7,163 
*^ Avid Technology, Inc. 292,678  7,124 
* InterDigital, Inc. 356,305  7,058 
* Tessera Technologies, Inc. 338,560  7,042 
* MKS Instruments, Inc. 325,726  6,971 
* TiVo Inc. 787,194  6,896 
* CyberSource Corp. 469,024  6,852 
* Comtech Telecommunications Corp. 174,854  6,819 
*^ OmniVision Technologies, Inc. 400,211  6,732 
* Mentor Graphics Corp. 750,447  6,626 
* ScanSource, Inc. 182,515  6,605 
   Technitrol, Inc. 283,780  6,564 
* Advent Software, Inc. 153,041  6,523 
* ATMI, Inc. 233,025  6,485 
* 3Com Corp. 2,829,345  6,479 
*^ Sonus Networks, Inc. 1,882,137  6,475 
   Acxiom Corp. 543,692  6,454 
* Avocent Corp. 380,649  6,433 
* Insight Enterprises, Inc. 358,491  6,274 
* Websense, Inc. 333,165  6,247 
   Cognex Corp. 283,317  6,185 
* Macrovision Corp. 457,141  6,171 
* Tekelec 489,807  6,098 
* RF Micro Devices, Inc. 2,291,080  6,094 
* FormFactor Inc. 311,838  5,956 
* Quest Software, Inc. 454,517  5,941 
* Net 1 UEPS Technologies, Inc. 259,032  5,841 
* Euronet Worldwide, Inc. 302,635  5,829 
   Imation Corp. 256,243  5,827 
* Electronics for Imaging, Inc. 386,834  5,772 
   MAXIMUS, Inc. 156,200  5,734 
* Cymer, Inc. 218,737  5,696 
* Littelfuse, Inc. 162,711  5,690 
* Harmonic, Inc. 730,308  5,550 
* Ariba, Inc. 569,331  5,500 
* Arris Group Inc. 941,259  5,478 
* Blackboard Inc. 163,582  5,452 
* ManTech International Corp. 120,036  5,445 
* Brooks Automation, Inc. 556,875  5,413 
   United Online, Inc. 509,509  5,380 
* Entegris Inc. 739,303  5,316 
* Synaptics Inc. 218,314  5,213 
* Sanmina-SCI Corp. 3,167,380  5,131 
*^ ACI Worldwide, Inc. 254,624  5,072 
* MicroStrategy Inc. 66,717  4,936 
* Rogers Corp. 146,493  4,894 
* FEI Co. 219,772  4,798 
* Diodes Inc. 217,247  4,771 
* NETGEAR, Inc. 237,135  4,731 
* Cabot Microelectronics Corp. 146,805  4,720 
* DealerTrack Holdings Inc. 231,720  4,685 
*^ Bankrate, Inc. 93,746  4,677 
*^ Sigma Designs, Inc. 204,861  4,644 
* The Ultimate Software Group, Inc. 151,035  4,540 
* Zoran Corp. 329,228  4,497 
* Wind River Systems Inc. 580,321  4,492 
* Cirrus Logic, Inc. 663,698  4,460 
^ Quality Systems, Inc. 149,298  4,460 
* Blue Coat Systems, Inc. 202,222  4,457 
   AVX Corp. 341,047  4,369 
* CMGI, Inc. 325,334  4,314 
* Sapient Corp. 617,752  4,300 
   Syntel, Inc. 160,118  4,267 
* TriQuint Semiconductor, Inc. 841,385  4,257 
* Axcelis Technologies, Inc. 759,182  4,251 
* L-1 Identity Solutions Inc. 316,235  4,206 
* RealNetworks, Inc. 731,635  4,192 
* SPSS, Inc. 106,540  4,132 
^ Heartland Payment Systems, Inc. 175,560  4,040 
   Micrel, Inc. 430,419  3,990 
   MTS Systems Corp. 123,408  3,981 
* Silicon Image, Inc. 778,964  3,903 
* TTM Technologies, Inc. 342,878  3,881 
* JDA Software Group, Inc. 211,374  3,858 
* Veeco Instruments, Inc. 229,551  3,817 
* Internet Capital Group Inc. 363,546  3,806 
* Manhattan Associates, Inc. 165,466  3,794 
* SonicWALL, Inc. 463,873  3,790 
* Standard Microsystem Corp. 128,822  3,759 
* S1 Corp. 525,324  3,735 
* Ansoft Corp. 122,190  3,729 
* Electro Scientific Industries, Inc. 226,105  3,726 
* Infinera Corp. 309,593  3,715 
* CSG Systems International, Inc. 323,052  3,673 
   Black Box Corp. 118,746  3,663 
   Daktronics, Inc. 201,788  3,614 
* Advanced Energy Industries, Inc. 270,900  3,592 
* Sykes Enterprises, Inc. 203,498  3,580 
* Epicor Software Corp. 318,372  3,566 
* Sycamore Networks, Inc. 973,111  3,562 
*^ Echelon Corp. 263,096  3,552 
* Vignette Corp. 261,304  3,452 
* Dycom Industries, Inc. 283,101  3,400 
* ViaSat, Inc. 155,171  3,370 
* Spansion Inc. Class A 1,214,760  3,341 
* Forrester Research, Inc. 124,879  3,319 
* eSPEED, Inc. Class A 281,695  3,285 
* VASCO Data Security International, Inc. 235,793  3,226 
* MSC Software Corp. 247,623  3,217 
*^ LoopNet, Inc. 252,510  3,207 
* Hittite Microwave Corp. 85,343  3,194 
* Interwoven Inc. 295,181  3,153 
*^ Cavium Networks, Inc. 186,876  3,065 
*^ Netlogic Microsystems Inc. 126,556  3,055 
* Newport Corp. 273,092  3,050 
* ComScore Inc. 148,549  2,980 
* Applied Micro Circuits Corp. 414,406  2,975 
*^ Terremark Worldwide, Inc. 536,272  2,939 
* Commvault Systems, Inc. 234,336  2,906 
* Tyler Technologies, Inc. 205,329  2,870 
* Actel Corp. 186,338  2,853 
* Brightpoint, Inc. 336,809  2,816 
* Stratasys, Inc. 156,206  2,780 
* Pericom Semiconductor Corp. 188,229  2,763 
* Quantum Corp. 1,278,045  2,735 
* Mastec Inc. 332,207  2,727 
* Cogent Inc. 288,744  2,723 
* Magma Design Automation, Inc. 282,326  2,702 
* OSI Systems Inc. 117,065  2,695 
* DTS Inc. 112,126  2,691 
* FARO Technologies, Inc. 85,823  2,676 
* SAVVIS, Inc. 163,602  2,662 
*^ Universal Display Corp. 185,124  2,651 
*^ Finisar Corp. 2,045,351  2,618 
* RightNow Technologies Inc. 218,929  2,605 
* DSP Group Inc. 204,076  2,600 
*^ Palm, Inc. 517,216  2,586 
* ANADIGICS, Inc. 393,565  2,582 
* Monolithic Power Systems 146,040  2,575 
* Hutchinson Technology, Inc. 160,307  2,550 
* KEMET Corp. 630,358  2,547 
   Agilysys, Inc. 218,823  2,538 
   Methode Electronics, Inc. Class A 216,558  2,532 
* MRV Communications Inc. 1,835,578  2,515 
* Moldflow Corp. 143,644  2,505 
* Adaptec, Inc. 849,239  2,497 
   Park Electrochemical Corp. 96,376  2,491 
* The Knot, Inc. 211,596  2,486 
*^ Powerwave Technologies, Inc. 973,262  2,482 
   TNS Inc. 119,824  2,473 
* Art Technology Group, Inc. 631,902  2,452 
* Phoenix Technologies Ltd. 155,040  2,428 
   CTS Corp. 226,798  2,427 
* EPIQ Systems, Inc. 155,906  2,420 
* SYNNEX Corp. 113,707  2,413 
* Secure Computing Corp. 370,209  2,388 
* Intervoice, Inc. 296,795  2,362 
* Data Domain, Inc. 98,990  2,356 
* Harris Stratex Networks, Inc. Class A 233,788  2,345 
* Synchronoss Technologies, Inc. 116,644  2,336 
* LTX Corp. 738,600  2,319 
* Novatel Wireless, Inc. 239,438  2,318 
*^ Nextwave Wireless Inc. 458,526  2,316 
* Ultratech, Inc. 239,203  2,299 
* Hypercom Corp. 528,108  2,292 
* Greenfield Online, Inc. 192,787  2,286 
* Riverbed Technology, Inc. 152,144  2,261 
* Silicon Storage Technology, Inc. 859,850  2,253 
*^ EMCORE Corp. 388,026  2,235 
* Smart Modular Technologies Inc. 357,748  2,222 
* Exar Corp. 269,535  2,218 
* Loral Space and Communications Ltd. 92,617  2,208 
* Intevac, Inc. 170,398  2,207 
* EMS Technologies, Inc. 80,706  2,190 
* Lionbridge Technologies, Inc. 650,427  2,179 
* PROS Holdings, Inc. 172,775  2,168 
* Bottomline Technologies, Inc. 170,862  2,153 
* Advanced Analogic Technologies, Inc. 382,310  2,149 
* Ixia 275,382  2,137 
*^ Maxwell Technologies, Inc. 208,868  2,128 
*^ ParkerVision, Inc. 274,796  2,127 
*^ Zix Corp. 539,586  2,088 
* Symyx Technologies, Inc. 274,176  2,056 
* Integrated Silicon Solution, Inc. 339,016  2,051 
* Trident Microsystems, Inc. 393,681  2,027 
* Mattson Technology, Inc. 331,171  2,017 
* LoJack Corp. 159,137  2,011 
* Sonic Solutions, Inc. 207,691  2,004 
* Photronics, Inc. 209,753  2,003 
* Gerber Scientific, Inc. 223,196  1,984 
* iGATE Corp. 276,456  1,968 
* Iomega Corp. 548,782  1,959 
* Entrust, Inc. 772,319  1,931 
* Taleo Corp. Class A 99,336  1,927 
* Supertex, Inc. 94,184  1,922 
* Chordiant Software, Inc. 318,259  1,919 
* Kulicke & Soffa Industries, Inc. 399,401  1,909 
* Starent Networks Corp. 141,200  1,906 
* Excel Technology, Inc. 70,021  1,888 
   Integral Systems, Inc. 64,465  1,884 
   Cohu, Inc. 115,233  1,873 
* Digi International, Inc. 161,278  1,861 
   Bel Fuse, Inc. Class B 65,967  1,838 
* RadiSys Corp. 179,388  1,810 
*^ NVE Corp. 72,301  1,786 
*^ Orbcomm, Inc. 355,612  1,764 
* Lattice Semiconductor Corp. 619,231  1,759 
*^ SiRF Technology Holdings, Inc. 342,632  1,744 
* Vocus, Inc. 65,863  1,739 
* Symmetricom Inc. 493,157  1,721 
   NIC Inc. 240,680  1,711 
* Ciber, Inc. 344,007  1,686 
* Rimage Corp. 76,921  1,685 
* LeCroy Corp. 194,208  1,682 
* Comtech Group Inc. 155,704  1,680 
* Radiant Systems, Inc. 120,098  1,678 
* Global Cash Access, Inc. 284,503  1,667 
* SI International Inc. 86,814  1,666 
* Volterra Semiconductor Corp. 146,019  1,654 
* iPass Inc. 543,747  1,642 
* Safeguard Scientifics, Inc. 1,097,825  1,636 
* Anaren, Inc. 129,016  1,633 
* Rudolph Technologies, Inc. 165,753  1,619 
   infoUSA Inc. 261,985  1,601 
*^ FalconStor Software, Inc. 210,273  1,600 
*^ Comverge Inc. 154,506  1,596 
* Switch and Data Inc. 156,306  1,596 
* Acacia Research - Acacia Technologies 273,070  1,570 
* Actuate Software Corp. 377,770  1,549 
* SourceForge Inc. 770,427  1,533 
* Bookham, Inc. 1,108,594  1,519 
* Zygo Corp. 121,898  1,516 
* Extreme Networks, Inc. 489,026  1,516 
* Photon Dynamics, Inc. 141,593  1,501 
* ExlService Holdings, Inc. 65,000  1,492 
   Gevity HR, Inc. 172,188  1,491 
* Online Resources Corp. 154,647  1,488 
* SupportSoft, Inc. 448,847  1,481 
   InfoSpace, Inc. 127,214  1,472 
^ Imergent, Inc. 127,648  1,454 
* Autobytel Inc. 669,093  1,445 
* Globecomm Systems, Inc. 166,020  1,444 
* KVH Industries, Inc. 182,120  1,435 
*^ Limelight Networks Inc. 442,921  1,435 
* Aruba Networks, Inc. 273,233  1,424 
* Dynamics Research Corp. 139,611  1,411 
* Hughes Communications Inc. 27,525  1,395 
* Keynote Systems Inc. 118,294  1,395 
* Microtune, Inc. 378,848  1,387 
* GSI Group, Inc. 176,957  1,377 
* Nu Horizons Electronics Corp. 217,931  1,369 
* STEC Inc. 218,959  1,355 
* Lasercard Corp. 159,950  1,355 
* IXYS Corp. 197,520  1,349 
*^ OpNext, Inc. 245,800  1,340 
* RAE Systems, Inc. 696,498  1,337 
* Rackable Systems Inc. 145,717  1,329 
* Digimarc Corp. 131,157  1,310 
* NetScout Systems, Inc. 140,732  1,309 
* Soapstone Networks Inc. 178,753  1,280 
* Telecommunication Systems, Inc. 397,105  1,251 
* Startek, Inc. 135,691  1,250 
* BearingPoint, Inc. 739,840  1,243 
* Multi-Fineline Electronix, Inc. 65,777  1,235 
* Kopin Corp. 463,130  1,232 
*^ Transmeta Corp. 95,329  1,231 
   TheStreet.com, Inc. 149,172  1,205 
* Ness Technologies Inc. 125,495  1,191 
* CyberOptics Corp. 105,367  1,151 
*^ UTStarcom, Inc. 403,955  1,147 
* Techwell, Inc. 105,331  1,142 
* Virage Logic Corp. 196,147  1,130 
*^ On2 Technologies, Inc. 1,106,806  1,129 
* Asyst Technologies, Inc. 320,942  1,123 
   American Software, Inc. Class A 179,090  1,121 
* PC-Tel, Inc. 164,587  1,119 
* Network Equipment Technologies, Inc. 165,444  1,087 
   Keithley Instruments Inc. 110,902  1,076 
* Captaris Inc. 241,131  1,066 
* Smith Micro Software, Inc. 172,680  1,057 
   MoneyGram International, Inc. 560,374  1,042 
* Synplicity, Inc. 132,491  1,037 
* Mercury Computer Systems, Inc. 182,874  1,028 
* MoSys, Inc. 235,720  1,028 
* Packeteer, Inc. 201,779  1,027 
* Ultra Clean Holdings, Inc. 103,930  1,019 
^ Marchex, Inc. 99,976  998 
* Catapult Communications Corp. 193,491  996 
* IPG Photonics Corp. 62,604  982 
*^ Avanex Corp. 1,368,223  971 
* AuthenTec, Inc. 97,681  971 
^ Renaissance Learning, Inc. 68,660  961 
* Perficient, Inc. 120,677  958 
* Measurement Specialties, Inc. 54,611  954 
*^ Isilon Systems Inc. 193,428  944 
* NMS Communications Corp. 629,215  944 
* Sumtotal Systems Inc. 225,925  942 
* Catalyst Semiconductor, Inc. 171,492  941 
* Zhone Technologies 951,565  933 
* Oplink Communications, Inc. 104,312  925 
* Semitool, Inc. 110,471  919 
* Ceva, Inc. 119,397  913 
* PC Connection, Inc. 115,082  911 
*^ Research Frontiers, Inc. 132,837  901 
* AsiaInfo Holdings, Inc. 82,800  899 
* Telular Corp. 268,123  896 
* Conexant Systems, Inc. 1,541,299  894 
* The Hackett Group Inc. 228,179  892 
*^ TranSwitch Corp. 1,188,770  892 
* Borland Software Corp. 440,549  890 
* Rainmaker Systems, Inc. 271,009  881 
* Double-Take Software Inc. 75,325  880 
* Tumbleweed Communications Corp. 719,814  878 
* Presstek, Inc. 200,422  878 
*^ Website Pros, Inc. 89,099  876 
* Edgewater Technology, Inc. 163,133  860 
* PAR Technology Corp. 108,638  859 
* OPNET Technologies, Inc. 104,879  854 
*^ OpenTV Corp. 714,616  843 
* Move, Inc. 270,890  834 
* SeaChange International, Inc. 116,286  817 
* Aware, Inc. 223,097  814 
* Radyne Comstream Inc. 94,957  809 
* SRS Labs, Inc. 151,250  805 
*^ i2 Technologies, Inc. 70,173  790 
* California Micro Devices Corp. 267,337  786 
* Interactive Intelligence Inc. 66,756  786 
* TechTeam Global, Inc. 86,637  784 
* LivePerson, Inc. 250,400  776 
* MIPS Technologies, Inc. 195,718  775 
* X-Rite Inc. 129,215  771 
* Dot Hill Systems Corp. 255,174  765 
* Saba Software, Inc. 202,920  761 
* White Electronic Designs Corp. 172,917  761 
* Applied Digital Solutions, Inc. 1,146,549  760 
   Pegasystems Inc. 77,434  746 
*^ WebMD Health Corp. Class A 31,480  742 
* Internap Network Services Corp. 149,396  741 
* Liquidity Services, Inc. 91,831  735 
* Callidus Software Inc. 152,580  734 
* Tollgrade Communications, Inc. 138,798  727 
* PLX Technology, Inc. 108,143  721 
* InFocus Corp. 384,741  719 
* Immersion Corp. 101,166  719 
* Cray, Inc. 118,024  703 
* Performance Technologies, Inc. 150,825  691 
* Eagle Test Systems, Inc. 65,625  689 
* DDi Corp. 146,474  680 
* I.D. Systems, Inc. 90,202  677 
   Openwave Systems Inc. 269,147  659 
   Cass Information Systems, Inc. 20,392  644 
* hi/fn, Inc. 124,867  637 
* SM&A Corp. 147,752  637 
* QuickLogic Corp. 209,614  629 
* Ramtron International Corp. 153,085  628 
* Travelzoo, Inc. 53,870  595 
* Concurrent Computer Corp. 847,926  585 
   Richardson Electronics, Ltd. 136,280  576 
* Planar Systems, Inc. 143,430  575 
* Datalink Corp. 144,333  570 
*^ Mindspeed Technologies, Inc. 1,173,602  563 
* PDF Solutions, Inc. 100,133  552 
* ActivIdentity Corp. 217,097  549 
* SigmaTel Inc. 189,540  548 
* Computer Task Group, Inc. 129,857  535 
* ESS Technology, Inc. 347,656  521 
* Endwave Corp. 84,919  515 
* BigBand Networks Inc. 88,065  505 
* TransAct Technologies Inc. 102,587  504 
   QAD Inc. 57,570  484 
* Napster, Inc. 323,382  479 
* Network Engines, Inc. 302,736  478 
* LookSmart, Ltd. 144,120  474 
* Calamp Corp. 173,611  472 
* BSQUARE Corp. 108,753  424 
* Ditech Networks Inc. 143,058  421 
* Pervasive Software Inc. 102,679  400 
*^ Telkonet, Inc. 454,738  400 
* Westell Technologies, Inc. 266,768  400 
   Frequency Electronics, Inc. 51,016  397 
*^ American Technology Corp. 175,097  383 
*^ Access Intergrated Technologies Inc. 114,983  362 
* Miva Inc. 209,629  361 
   COMARCO, Inc. 94,210  351 
* Enliven Marketing Technologies Corp. 471,337  344 
   Bel Fuse, Inc. Class A 10,580  332 
* Leadis Technology Inc. 162,544  314 
* EFJ, Inc. 255,492  307 
* Airspan Networks Inc. 325,387  306 
* SCM Microsystems, Inc. 111,648  290 
*^ Convera Corp. 169,076  287 
* DivX, Inc. 40,708  285 
* Ikanos Communications, Inc. 62,118  284 
* Cherokee International Corp. 149,242  279 
* Nanometrics Inc. 38,340  274 
* PLATO Learning, Inc. 93,518  274 
* Spectrum Control, Inc. 32,260  273 
* GSE Systems, Inc. 32,616  265 
* Video Display Corp. 35,665  261 
* Mobility Electronics, Inc. 196,714  250 
* Management Network Group Inc. 116,767  222 
* Selectica, Inc. 161,090  219 
* GTSI Corp. 30,134  218 
* Evolving Systems, Inc. 110,907  217 
*^ Silicon Graphics Inc. 18,301  217 
* FSI International, Inc. 160,134  213 
* Analysts International Corp. 121,120  202 
* WJ Communications, Inc. 211,659  202 
* Newtek Business Services, Inc. 198,232  194 
* Lantronix, Inc. 209,434  193 
* Entertainment Distribution Company Inc. 356,838  186 
* Jupitermedia Corp. 87,270  182 
* Merix Corp. 83,404  170 
*^ Wave Systems Corp. Class A 172,979  168 
*^ FOCUS Enhancements, Inc. 285,800  157 
* Intelli-Check Inc. 47,951  156 
* Super Micro Computer Inc. 18,503  155 
* Pixelworks, Inc. 198,993  153 
* Intraware, Inc. 32,054  144 
* Credence Systems Corp. 83,287  142 
* Centillium Communications, Inc. 209,443  138 
*^ Superconductor Technologies Inc. 30,270  136 
* Wireless Telecom Group, Inc. 87,114  135 
* Overland Storage, Inc. 105,681  119 
* Allen Organ Co. Escrow Shares 11,462  118 
*^ Mechanical Technology Inc. 192,544  104 
* AuthentiDate Holding Corp. 203,143  89 
* NeoMagic Corp. 63,281  82 
* Kintera Inc. 132,803  77 
* Henry Bros. Electronics, Inc. 9,700  48 
* Atari, Inc. 21,814  32 
* Channell Commercial Corp. 21,061  29 
* Technology Solutions Co. 8,080  24 
* Innovex, Inc. 84,366  24 
*^ Verso Technologies, Inc. 114,686  18 
* Ibis Technology Corp. 29,868 
* ISCO International, Inc. 10,333 
* VCampus Corp.

        16,108,028 

   Materials (4.1%)
   Monsanto Co. 3,882,185  432,864 
   E.I. du Pont de Nemours & Co. 6,385,412  298,582 
   Freeport-McMoRan Copper & Gold, Inc. Class B 2,713,869  261,128 
   Dow Chemical Co. 6,706,889  247,149 
   Alcoa Inc. 6,026,689  217,322 
   Praxair, Inc. 2,243,710  188,988 
   Air Products & Chemicals, Inc. 1,529,765  140,738 
   Newmont Mining Corp. (Holding Co.) 3,077,424  139,407 
   Nucor Corp. 2,046,399  138,623 
* The Mosaic Co. 1,098,938  112,751 
   United States Steel Corp. 839,387  106,493 
   Weyerhaeuser Co. 1,488,614  96,819 
   International Paper Co. 2,888,789  78,575 
   PPG Industries, Inc. 1,162,961  70,371 
* Owens-Illinois, Inc. 1,114,090  62,868 
   Ecolab, Inc. 1,310,538  56,917 
   Sigma-Aldrich Corp. 924,068  55,121 
^ Vulcan Materials Co. 767,968  50,993 
   Rohm & Haas Co. 904,473  48,914 
   Allegheny Technologies Inc. 654,103  46,677 
   AK Steel Holding Corp. 792,441  43,125 
   Steel Dynamics, Inc. 1,166,390  38,538 
   Celanese Corp. Series A 966,700  37,750 
   CF Industries Holdings, Inc. 357,397  37,033 
   Eastman Chemical Co. 575,823  35,960 
   MeadWestvaco Corp. 1,312,243  35,719 
   Cleveland-Cliffs Inc. 297,258  35,617 
^ Martin Marietta Materials, Inc. 297,534  31,589 
   Ball Corp. 642,384  29,511 
   Sealed Air Corp. 1,147,179  28,966 
   Reliance Steel & Aluminum Co. 478,769  28,659 
* Crown Holdings, Inc. 1,134,992  28,556 
   FMC Corp. 510,659  28,336 
   Lubrizol Corp. 487,168  27,043 
   Huntsman Corp. 1,103,724  25,993 
* Domtar Corp. 3,667,527  25,049 
* Pactiv Corp. 928,155  24,327 
   Airgas, Inc. 525,815  23,909 
   Commercial Metals Co. 797,180  23,891 
   International Flavors & Fragrances, Inc. 518,725  22,850 
* Terra Industries, Inc. 636,786  22,625 
   Nalco Holding Co. 1,014,700  21,461 
   Albemarle Corp. 578,543  21,128 
   Carpenter Technology Corp. 349,296  19,550 
   Sonoco Products Co. 671,103  19,214 
   Ashland, Inc. 403,257  19,074 
   Bemis Co., Inc. 715,709  18,200 
   RPM International, Inc. 862,977  18,071 
   AptarGroup Inc. 461,307  17,959 
   Cytec Industries, Inc. 323,418  17,416 
   Packaging Corp. of America 752,316  16,799 
* Century Aluminum Co. 233,686  15,479 
   Hercules, Inc. 783,117  14,323 
* Smurfit-Stone Container Corp. 1,819,422  14,010 
   Quanex Corp. 264,940  13,708 
   Compass Minerals International, Inc. 230,717  13,608 
   Valspar Corp. 680,873  13,509 
   Cabot Corp. 465,261  13,027 
   Chemtura Corp. 1,725,910  12,668 
*^ Coeur d'Alene Mines Corp. 3,039,958  12,281 
* OM Group, Inc. 217,583  11,867 
* W.R. Grace & Co. 504,059  11,503 
   Greif Inc. Class A 168,351  11,436 
^ Eagle Materials, Inc. 315,111  11,202 
   Schnitzer Steel Industries, Inc. Class A 151,571  10,765 
   Olin Corp. 528,789  10,449 
   Scotts Miracle-Gro Co. 321,964  10,438 
   Texas Industries, Inc. 165,591  9,954 
   Temple-Inland Inc. 756,247  9,619 
* Hecla Mining Co. 860,120  9,599 
   Sensient Technologies Corp. 322,675  9,516 
   H.B. Fuller Co. 427,323  8,722 
   Titanium Metals Corp. 579,336  8,719 
   Silgan Holdings, Inc. 174,619  8,666 
   Minerals Technologies, Inc. 137,855  8,657 
* Rockwood Holdings, Inc. 263,053  8,620 
   Rock-Tenn Co. 264,300  7,921 
   Worthington Industries, Inc. 465,781  7,858 
* RTI International Metals, Inc. 165,601  7,487 
   NewMarket Corp. 98,501  7,432 
   Kaiser Aluminum Corp. 103,566  7,177 
   Louisiana-Pacific Corp. 731,927  6,719 
   Arch Chemicals, Inc. 170,210  6,342 
   Royal Gold, Inc. 209,095  6,308 
*^ Stillwater Mining Co. 342,229  5,294 
   Koppers Holdings, Inc. 118,989  5,272 
*^ Apex Silver Mines Ltd. 425,614  5,158 
   Glatfelter 339,936  5,136 
   Deltic Timber Corp. 88,169  4,911 
*^ Zoltek Cos., Inc. 184,323  4,888 
* PolyOne Corp. 723,487  4,609 
   AMCOL International Corp. 142,129  4,439 
   Ferro Corp. 279,049  4,147 
*^ Headwaters Inc. 310,527  4,096 
*^ Calgon Carbon Corp. 260,424  3,919 
* Haynes International, Inc. 68,491  3,759 
* Brush Engineered Materials Inc. 135,116  3,468 
   Quaker Chemical Corp. 110,507  3,458 
*^ AbitibiBowater, Inc. 252,521  3,260 
   A. Schulman Inc. 155,788  3,198 
   Innospec, Inc. 149,696  3,174 
   Olympic Steel, Inc. 68,126  3,072 
   Zep, Inc. 187,281  3,038 
   Neenah Paper Inc. 113,478  2,925 
   Wausau Paper Corp. 342,695  2,831 
   A.M. Castle & Co. 104,600  2,824 
* Buckeye Technology, Inc. 243,066  2,713 
   Balchem Corp. 108,969  2,498 
* General Moly, Inc. 311,842  2,492 
   Myers Industries, Inc. 187,919  2,467 
   Schweitzer-Mauduit International, Inc. 103,778  2,401 
*^ Altair Nanotechnology Inc. 883,693  2,333 
^ Great Northern Iron Ore Properties 15,893  2,111 
*^ Esmark, Inc. 186,660  2,109 
* Omnova Solutions Inc. 506,203  2,020 
* Graphic Packaging Holding Co. 679,559  1,984 
   Spartech Corp. 225,145  1,902 
   Penford Corp. 86,820  1,887 
*^ Flotek Industries, Inc. 117,270  1,711 
^ NL Industries, Inc. 153,035  1,671 
^ American Vanguard Corp. 98,264  1,635 
* GenTek, Inc. 48,028  1,445 
   Stepan Co. 37,453  1,432 
   Westlake Chemical Corp. 105,959  1,383 
* Maxxam Inc. 40,462  1,295 
* Universal Stainless & Alloy Products, Inc. 41,982  1,247 
* AEP Industries, Inc. 38,793  1,175 
* Landec Corp. 135,483  1,142 
* American Pacific Corp. 71,054  1,135 
* LSB Industries, Inc. 69,991  1,032 
* ICO, Inc. 126,573  878 
* Mercer International Inc. 120,110  837 
   Hawkins, Inc. 53,520  814 
   Sims Group Ltd. ADR 29,287  806 
   Tronox Inc. 176,881  706 
* Material Sciences Corp. 88,353  686 
   U.S. Energy Corp. 186,899  626 
   Chesapeake Corp. of Virginia 129,380  622 
* Allied Nevada Gold Corp. 119,893  619 
   Georgia Gulf Corp. 89,059  617 
* U.S. Concrete, Inc. 161,962  615 
   Tronox Inc. Class B 152,929  596 
*^ Nonophase Technologies Corp. 157,355  510 
*^ Constar International Inc. 158,121  414 
* U.S. Gold Corp. 129,100  328 
* Peak International Ltd. 88,800  170 
* Caraustar Industries, Inc. 123,736  167 
   Innophos Holdings Inc. 9,300  150 
* Continental Materials Corp. 3,500  82 
* Rock of Ages Corp. 17,900  71 
* General Chemical Group Inc.

        4,155,217 

   Telecommunication Services (3.1%)
   AT&T Inc. 43,073,774  1,649,726 
   Verizon Communications Inc. 20,527,749  748,236 
   Sprint Nextel Corp. 19,679,879  131,658 
* American Tower Corp. Class A 2,874,651  112,715 
* Crown Castle International Corp. 1,924,403  66,373 
   Qwest Communications International Inc. 10,896,226  49,360 
   Embarq Corp. 1,085,878  43,544 
   Windstream Corp. 3,388,812  40,496 
* NII Holdings Inc. 1,230,977  39,120 
   CenturyTel, Inc. 744,804  24,757 
   Citizens Communications Co. 2,331,248  24,455 
*^ Level 3 Communications, Inc. 10,931,624  23,175 
* Metropcs Communications Inc. 1,236,286  21,017 
* SBA Communications Corp. 675,960  20,164 
   Telephone & Data Systems, Inc. 496,691  19,505 
*^ Leap Wireless International, Inc. 388,659  18,112 
* Time Warner Telecom Inc. 885,132  13,711 
   Telephone & Data Systems, Inc. - Special Common Shares 254,530  9,494 
* Cincinnati Bell Inc. 1,768,770  7,535 
* Premiere Global Services, Inc. 455,888  6,537 
* U.S. Cellular Corp. 116,207  6,391 
* Cogent Communications Group, Inc. 323,663  5,926 
* Centennial Communications Corp. Class A 731,771  4,325 
* Syniverse Holdings Inc. 250,012  4,165 
   Alaska Communications Systems Holdings, Inc. 333,735  4,085 
   Iowa Telecommunications Services Inc. 208,914  3,704 
* Rural Cellular Corp. Class A 82,997  3,671 
   NTELOS Holdings Corp. 146,847  3,554 
   Consolidated Communications Holdings, Inc. 203,161  3,074 
* Cbeyond Inc. 152,578  2,867 
   FairPoint Communications, Inc. 274,421  2,475 
* TerreStar Corp. 446,202  2,177 
* Global Crossing Ltd. 143,290  2,172 
*^ Fibertower Corp. 1,177,695  2,073 
   iPCS, Inc. 88,414  2,064 
   Atlantic Tele-Network, Inc. 58,478  1,978 
*^ Clearwire Corp. 131,800  1,952 
* General Communication, Inc. 307,699  1,889 
   Shenandoah Telecommunications Co. 126,452  1,877 
* Covad Communications Group, Inc. 1,693,095  1,642 
   SureWest Communications 100,414  1,552 
*^ Vonage Holdings Corp. 831,542  1,538 
   IDT Corp. Class B 349,725  1,353 
   Hickory Tech Corp. 148,940  1,217 
   USA Mobility, Inc. 158,195  1,130 
   Arbinet Holdings, Inc. 246,530  1,033 
* Kratos Defense & Security Inc. 557,521  1,015 
* iBasis, Inc. 247,286  1,014 
* PAETEC Holding Corp. 144,912  965 
   Warwick Valley Telephone Co. 74,807  884 
*^ 8X8 Inc. 702,436  688 
   D&E Communications, Inc. 60,205  536 
* LCC International, Inc. Class A 297,276  467 
*^ Globalstar, Inc. 39,600  289 
   IDT Corp. 64,834  217 
* Metro One Telecommunications, Inc. 27,606  22 

        3,145,671 

   Utilities (3.8%)
   Exelon Corp. 4,687,325  380,939 
   Southern Co. 5,394,092  192,084 
   FPL Group, Inc. 2,746,644  172,324 
   Dominion Resources, Inc. 4,136,427  168,932 
   Duke Energy Corp. 8,956,269  159,869 
   Entergy Corp. 1,380,287  150,562 
   FirstEnergy Corp. 2,164,676  148,540 
   Public Service Enterprise Group, Inc. 3,612,048  145,168 
   PPL Corp. 2,643,438  121,387 
   American Electric Power Co., Inc. 2,841,001  118,271 
   Constellation Energy Group, Inc. 1,283,081  113,258 
   Edison International 2,198,293  107,760 
   PG&E Corp. 2,554,667  94,063 
   Sempra Energy 1,763,298  93,949 
* AES Corp. 4,753,657  79,243 
   Consolidated Edison Inc. 1,928,464  76,560 
   Progress Energy, Inc. 1,748,885  72,929 
   Questar Corp. 1,226,853  69,391 
* Mirant Corp. 1,819,857  66,225 
   Ameren Corp. 1,477,379  65,064 
* NRG Energy, Inc. 1,610,608  62,798 
   Allegheny Energy, Inc. 1,180,687  59,625 
   Xcel Energy, Inc. 2,982,104  59,493 
* Reliant Energy, Inc. 2,445,474  57,835 
   Equitable Resources, Inc. 820,843  48,348 
   DTE Energy Co. 1,162,875  45,224 
   Wisconsin Energy Corp. 830,645  36,540 
   Pepco Holdings, Inc. 1,376,294  34,022 
   NiSource, Inc. 1,947,354  33,572 
   ONEOK, Inc. 699,883  31,236 
   CenterPoint Energy Inc. 2,169,337  30,956 
   Energen Corp. 484,415  30,179 
   SCANA Corp. 787,321  28,800 
   MDU Resources Group, Inc. 1,165,936  28,624 
* Dynegy, Inc. 3,556,847  28,063 
   Alliant Energy Corp. 783,616  27,434 
   Energy East Corp. 1,124,247  27,117 
   Northeast Utilities 1,100,891  27,016 
   National Fuel Gas Co. 563,194  26,588 
   Integrys Energy Group, Inc. 541,733  25,266 
   Pinnacle West Capital Corp. 713,005  25,012 
   TECO Energy, Inc. 1,496,445  23,868 
   NSTAR 758,665  23,086 
   CMS Energy Corp. 1,601,629  21,686 
   Puget Energy, Inc. 832,338  21,533 
   Sierra Pacific Resources 1,659,898  20,965 
   DPL Inc. 806,567  20,680 
   OGE Energy Corp. 651,965  20,322 
   UGI Corp. Holding Co. 757,972  18,889 
   AGL Resources Inc. 544,060  18,672 
   ITC Holdings Corp. 344,650  17,942 
^ Aqua America, Inc. 947,363  17,791 
   Southern Union Co. 726,655  16,909 
   Atmos Energy Corp. 638,205  16,274 
   Westar Energy, Inc. 712,007  16,212 
   Great Plains Energy, Inc. 612,630  15,101 
   Vectren Corp. 544,363  14,605 
   Hawaiian Electric Industries Inc. 590,918  14,105 
^ Piedmont Natural Gas, Inc. 527,836  13,861 
   WGL Holdings Inc. 353,415  11,330 
   Nicor Inc. 323,102  10,827 
^ IDACORP, Inc. 321,464  10,322 
   Portland General Electric Co. 446,812  10,076 
   Black Hills Corp. 270,390  9,675 
   Cleco Corp. 429,400  9,524 
   New Jersey Resources Corp. 299,727  9,307 
* Aquila, Inc. 2,689,111  8,632 
   Southwest Gas Corp. 303,949  8,498 
   Northwest Natural Gas Co. 188,640  8,195 
   South Jersey Industries, Inc. 210,874  7,404 
   Avista Corp. 376,820  7,371 
* El Paso Electric Co. 344,007  7,351 
   ALLETE, Inc. 187,720  7,250 
   Otter Tail Corp. 201,828  7,143 
   PNM Resources Inc. 544,342  6,788 
   NorthWestern Corp. 268,613  6,546 
   UIL Holdings Corp. 184,333  5,554 
   UniSource Energy Corp. 244,799  5,449 
^ California Water Service Group 137,945  5,263 
   American States Water Co. 142,892  5,144 
   Ormat Technologies Inc. 118,480  5,096 
   MGE Energy, Inc. 134,603  4,585 
   The Laclede Group, Inc. 123,499  4,400 
   CH Energy Group, Inc. 104,895  4,080 
   Empire District Electric Co. 197,010  3,989 
   EnergySouth, Inc. 68,205  3,560 
^ SJW Corp. 121,679  3,479 
   Central Vermont Public Service Corp. 95,963  2,293 
^ Consolidated Water Co., Ltd. 96,557  2,127 
   Connecticut Water Services, Inc. 87,541  2,072 
   Southwest Water Co. 178,413  1,975 
   Middlesex Water Co. 96,527  1,753 
   Chesapeake Utilities Corp. 53,444  1,584 
   The York Water Co. 72,058  1,080 
*^ Cadiz Inc. 48,922  752 
* Maine & Maritimes Corp. 23,984  667 
   Unitil Corp. 14,907  402 
* Renegy Holdings, Inc. 10,943  47 

        3,914,357 

   Other (0.0%)
1 Miscellaneous Securities    30,578 



   Total Common Stocks
   (Cost $91,626,875)    101,426,367 



   Temporary Cash Investments (2.7%)



   Money Market Fund (2.6%)
2 Vanguard Market Liquidity Fund, 2.800% 2,681,440,388  2,681,440 
    
Face
     Amount
     ($000)

   U.S. Government & Agency Obligation (0.1%)
3 Federal Home Loan Bank
4 2.738%, 5/16/08 28,000  27,925 
3 Federal National Mortgage Assn.
4 2.712%, 4/30/08 20,000  19,966 



   Total Temporary Cash Investments
   (Cost $2,729,302)    2,729,331 



   Total Investments (102.2%)
   (Cost $94,356,177)    104,155,698 



   Other Assets and Liabilities - Net (-2.2%)    (2,225,922)



   Net Assets (100%)    101,929,776 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Securities representing up to 5% of the market value of unaffiliated securities are permitted to be combined and reported as "miscellaneous securities" provided that they have been held for less than one year and not previously reported by name.
2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
3 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
4 Securities with a value of $47,891,000 have been segregated as initial margin for open futures contracts.
REIT - Real Estate Investment Trust.
ADR - American Depositary Receipt.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

At March 31, 2008, the cost of investment securities for tax purposes was $94,064,014,000. Net unrealized appreciation of investment securities for tax purposes was $10,091,684,000, consisting of unrealized gains of $20,057,414,000 on securities that had risen in value since their purchase and $9,965,730,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 100.0% and 2.2%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At March 31, 2008, the aggregate settlement value of open futures contracts expiring in June 2008 and the related unrealized appreciation (depreciation) were:


($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

S&P 500 Index 1,369  453,139  4,145 
S&P Midcap 400 Index 79  30,869  610 
Russell 2000 Index 24  8,280  192 
E-mini S&P 500 Index 80  5,296  (117)

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities. Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table sumamrizes the inputs used to value the fund's net assets as of March 31, 2008:


Valuation Inputs Investments
in Securities
($000)
Futures
Contracts
($000)

Level 1- Quoted Prices 104,107,602  4,830 

Level 2- Other Significant Observable Inputs 48,096 

Level 3- Significant Unobservable Inputs

  Total 104,155,698  4,830 


Vanguard Value Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (100.0%)    



   Consumer Discretionary (6.2%)
   Time Warner, Inc. 6,582,529  92,287 
   Home Depot, Inc. 3,073,439  85,964 
   McDonald's Corp. 1,076,850  60,056 
   Carnival Corp. 795,665  32,209 
   Clear Channel Communications, Inc. 861,884  25,184 
   CBS Corp. 1,082,659  23,905 
   The Gap, Inc. 1,016,962  20,014 
   Fortune Brands, Inc. 279,945  19,456 
   Macy's Inc. 788,094  18,173 
^ General Motors Corp. 824,118  15,699 
   Mattel, Inc. 667,955  13,292 
   VF Corp. 160,331  12,427 
   H & R Block, Inc. 595,061  12,353 
   Genuine Parts Co. 305,805  12,300 
   Gannett Co., Inc. 422,738  12,281 
   Whirlpool Corp. 140,755  12,215 
   Newell Rubbermaid, Inc. 508,723  11,635 
   Sherwin-Williams Co. 194,492  9,927 
   Eastman Kodak Co. 524,843  9,274 
   BorgWarner, Inc. 211,360  9,095 
^ Royal Caribbean Cruises, Ltd. 251,659  8,280 
   D. R. Horton, Inc. 516,820  8,140 
   Darden Restaurants Inc. 245,735  7,999 
   Black & Decker Corp. 113,902  7,529 
   Ross Stores, Inc. 249,522  7,476 
* IAC/InterActiveCorp 352,947  7,327 
*^ Mohawk Industries, Inc. 99,437  7,121 
   Hasbro, Inc. 254,902  7,112 
   Autoliv, Inc. 138,284  6,942 
   Washington Post Co. Class B 10,476  6,930 
   E.W. Scripps Co. Class A 160,833  6,757 
   Wyndham Worldwide Corp. 323,646  6,693 
   Limited Brands, Inc. 376,883  6,445 
   The Stanley Works 134,648  6,412 
   Advance Auto Parts, Inc. 184,206  6,272 
* Toll Brothers, Inc. 242,224  5,687 
   Tiffany & Co. 123,481  5,166 
   J.C. Penney Co., Inc. (Holding Co.) 134,051  5,055 
   Leggett & Platt, Inc. 309,040  4,713 
* Interpublic Group of Cos., Inc. 556,847  4,683 
^ New York Times Co. Class A 247,184  4,667 
   Virgin Media Inc. 328,825  4,627 
   Lennar Corp. Class A 234,511  4,411 
* Expedia, Inc. 176,536  3,864 
* AutoNation, Inc. 250,708  3,753 
   RadioShack Corp. 226,269  3,677 
   Wendy's International, Inc. 158,991  3,666 
   Brinker International, Inc. 191,487  3,552 
   KB Home 138,544  3,426 
   Foot Locker, Inc. 280,764  3,305 
   Liz Claiborne, Inc. 180,802  3,282 
   American Eagle Outfitters, Inc. 175,655  3,076 
   Family Dollar Stores, Inc. 121,326  2,366 
   Boyd Gaming Corp. 104,262  2,085 
   Pulte Homes, Inc. 139,243  2,026 
   Centex Corp. 77,449  1,875 
   Idearc Inc. 267,791  975 
* R.H. Donnelley Corp. 64,160  325 

        695,443 

   Consumer Staples (9.9%)
   The Procter & Gamble Co. 2,827,862  198,148 
   Philip Morris International Inc. 3,833,326  193,890 
   The Coca-Cola Co. 2,462,064  149,866 
   Kraft Foods Inc. 2,817,645  87,375 
   Altria Group, Inc. 3,835,826  85,155 
   Kimberly-Clark Corp. 770,509  49,736 
   General Mills, Inc. 611,956  36,644 
   H.J. Heinz Co. 577,424  27,122 
   Safeway, Inc. 806,088  23,659 
   Anheuser-Busch Cos., Inc. 467,532  22,184 
   ConAgra Foods, Inc. 887,932  21,266 
^ Bunge Ltd. 220,128  19,125 
   Reynolds American Inc. 322,201  19,020 
   Sara Lee Corp. 1,318,026  18,426 
   UST, Inc. 285,200  15,549 
   The Kroger Co. 588,864  14,957 
   Molson Coors Brewing Co. Class B 237,404  12,480 
   Coca-Cola Enterprises, Inc. 485,881  11,758 
   SuperValu Inc. 384,584  11,530 
   Kellogg Co. 175,578  9,228 
   The Pepsi Bottling Group, Inc. 244,296  8,284 
   Tyson Foods, Inc. 493,473  7,871 
   McCormick & Co., Inc. 209,232  7,735 
   Carolina Group 98,937  7,178 
   The Clorox Co. 125,924  7,132 
   Campbell Soup Co. 209,431  7,110 
* Constellation Brands, Inc. Class A 348,669  6,161 
   Hormel Foods Corp. 136,570  5,690 
* Smithfield Foods, Inc. 207,378  5,342 
   Brown-Forman Corp. Class B 63,129  4,180 
   The Estee Lauder Cos. Inc. Class A 68,800  3,155 
   PepsiAmericas, Inc. 118,385  3,022 
   Dean Foods Co. 96,321  1,935 

        1,101,913 

   Energy (16.7%)
   ExxonMobil Corp. 9,949,811  841,555 
   Chevron Corp. 3,845,153  328,222 
   ConocoPhillips Co. 2,767,302  210,896 
   Devon Energy Corp. 769,930  80,327 
   Apache Corp. 605,734  73,185 
   Marathon Oil Corp. 1,293,326  58,976 
   Anadarko Petroleum Corp. 849,201  53,525 
   Hess Corp. 523,540  46,166 
   Spectra Energy Corp. 1,151,958  26,207 
   Noble Energy, Inc. 312,461  22,747 
   El Paso Corp. 1,276,646  21,243 
   Murphy Oil Corp. 212,781  17,478 
   Valero Energy Corp. 350,701  17,223 
* Newfield Exploration Co. 238,395  12,599 
   Pioneer Natural Resources Co. 217,745  10,696 
* Nabors Industries, Inc. 257,864  8,708 
   Cimarex Energy Co. 150,180  8,221 
   Tesoro Corp. 249,066  7,472 
   Sunoco, Inc. 139,313  7,310 
   Patterson-UTI Energy, Inc. 183,929  4,815 
   Rowan Cos., Inc. 101,256  4,170 
* Plains Exploration & Production Co. 71,868  3,819 

        1,865,560 

   Financials (26.9%)
   Bank of America Corp. 8,082,685  306,415 
   JPMorgan Chase & Co. 6,117,157  262,732 
   Citigroup, Inc. 9,410,373  201,570 
   American International Group, Inc. 3,925,986  169,799 
   Wells Fargo & Co. 5,803,292  168,876 
   U.S. Bancorp 3,144,035  101,741 
   Wachovia Corp. 3,600,532  97,214 
   MetLife, Inc. 1,348,897  81,285 
   Morgan Stanley 1,739,411  79,491 
   The Goldman Sachs Group, Inc. 423,637  70,065 
   Merrill Lynch & Co., Inc. 1,476,241  60,142 
   The Travelers Cos., Inc. 1,174,452  56,198 
   The Allstate Corp. 987,385  47,454 
   Fannie Mae 1,775,566  46,733 
   The Hartford Financial Services Group Inc. 571,573  43,308 
   Prudential Financial, Inc. 535,147  41,875 
   PNC Financial Services Group 620,210  40,667 
   Capital One Financial Corp. 762,299  37,520 
   The Chubb Corp. 699,076  34,590 
   SunTrust Banks, Inc. 602,515  33,223 
   ACE Ltd. 600,401  33,058 
   BB&T Corp. 1,000,834  32,087 
   Loews Corp. 771,836  31,043 
   Lehman Brothers Holdings, Inc. 820,731  30,892 
   Freddie Mac 1,205,036  30,512 
   Lincoln National Corp. 490,482  25,505 
   Regions Financial Corp. 1,266,399  25,011 
   Marsh & McLennan Cos., Inc. 947,747  23,078 
   Ameriprise Financial, Inc. 422,071  21,884 
   Vornado Realty Trust REIT 249,424  21,503 
   Equity Residential REIT 493,393  20,471 
   Boston Properties, Inc. REIT 217,356  20,012 
   Aon Corp. 477,922  19,213 
   Simon Property Group, Inc. REIT 202,975  18,858 
   Fifth Third Bancorp 872,459  18,252 
   Genworth Financial Inc. 798,344  18,075 
   Kimco Realty Corp. REIT 414,027  16,217 
^ Washington Mutual, Inc. 1,570,269  16,174 
   KeyCorp 728,851  15,998 
   Hudson City Bancorp, Inc. 900,065  15,913 
   Host Hotels & Resorts Inc. REIT 951,002  15,140 
   Unum Group 656,931  14,459 
   HCP, Inc. REIT 426,721  14,427 
   Avalonbay Communities, Inc. REIT 143,342  13,835 
   Leucadia National Corp. 303,800  13,738 
   Plum Creek Timber Co. Inc. REIT 313,677  12,767 
   Annaly Mortgage Management Inc. REIT 824,344  12,629 
^ American Capital Strategies, Ltd. 341,961  11,681 
   Assurant, Inc. 182,422  11,102 
   Ventas, Inc. REIT 243,177  10,921 
   National City Corp. 1,096,275  10,908 
   People's United Financial Inc. 627,720  10,866 
   M & T Bank Corp. 130,325  10,489 
   Cincinnati Financial Corp. 272,134  10,352 
   Everest Re Group, Ltd. 114,434  10,245 
   Torchmark Corp. 168,161  10,108 
   AMB Property Corp. REIT 180,401  9,817 
   Marshall & Ilsley Corp. 422,086  9,792 
   New York Community Bancorp, Inc. 530,659  9,669 
   Comerica, Inc. 275,076  9,650 
   XL Capital Ltd. Class A 324,980  9,603 
   Developers Diversified Realty Corp. REIT 223,612  9,365 
   The Macerich Co. REIT 132,196  9,289 
   Zions Bancorp 194,602  8,864 
   SL Green Realty Corp. REIT 108,094  8,806 
   Willis Group Holdings Ltd. 260,503  8,756 
   Axis Capital Holdings Ltd. 248,138  8,432 
   Northern Trust Corp. 126,317  8,396 
   Regency Centers Corp. REIT 126,653  8,202 
   Federal Realty Investment Trust REIT 103,350  8,056 
   W.R. Berkley Corp. 283,966  7,863 
   PartnerRe Ltd. 101,410  7,738 
   General Growth Properties Inc. REIT 199,990  7,634 
* Markel Corp. 17,243  7,586 
   White Mountains Insurance Group Inc. 15,759  7,564 
   Safeco Corp. 172,370  7,564 
   Fidelity National Financial, Inc. Class A 372,534  6,829 
   Huntington Bancshares Inc. 634,218  6,818 
   Sovereign Bancorp, Inc. 701,476  6,538 
* Arch Capital Group Ltd. 94,395  6,482 
   RenaissanceRe Holdings Ltd. 122,351  6,351 
   Apartment Investment & Management Co. Class A REIT 174,000  6,231 
   Duke Realty Corp. REIT 264,629  6,036 
   UDR, Inc. REIT 244,032  5,984 
   Associated Banc-Corp. 219,597  5,848 
   Hospitality Properties Trust REIT 171,437  5,832 
^ Countrywide Financial Corp. 1,054,934  5,802 
^ Popular, Inc. 483,979  5,643 
   Synovus Financial Corp. 479,579  5,304 
   Liberty Property Trust REIT 166,372  5,176 
^ Allied Capital Corp. 280,829  5,176 
   Old Republic International Corp. 398,196  5,141 
   Camden Property Trust REIT 101,193  5,080 
   UnionBanCal Corp. 100,822  4,948 
   Protective Life Corp. 121,138  4,913 
   First American Corp. 141,581  4,805 
   Weingarten Realty Investors REIT 139,151  4,792 
   HCC Insurance Holdings, Inc. 208,851  4,739 
   Commerce Bancshares, Inc. 111,493  4,686 
^ The St. Joe Co. 108,899  4,675 
   Astoria Financial Corp. 157,829  4,287 
   MBIA, Inc. 345,785  4,225 
   CIT Group Inc. 344,891  4,087 
   Nationwide Financial Services, Inc. 85,909  4,062 
   Raymond James Financial, Inc. 174,558  4,011 
   TCF Financial Corp. 207,399  3,717 
   City National Corp. 74,282  3,674 
   iStar Financial Inc. REIT 243,372  3,415 
   Federated Investors, Inc. 83,368  3,265 
^ First Horizon National Corp. 229,724  3,218 
   American Financial Group, Inc. 125,837  3,216 
   Transatlantic Holdings, Inc. 48,190  3,197 
   Unitrin, Inc. 82,694  2,922 
^ Colonial BancGroup, Inc. 264,807  2,550 
   CapitalSource Inc. REIT 250,813  2,425 
   BOK Financial Corp. 43,024  2,247 
   Forest City Enterprise Class A 56,905  2,094 
   Bear Stearns Co., Inc. 199,434  2,092 
   Student Loan Corp. 7,371  729 
   Toronto Dominion Bank 2,178  134 

        2,994,363 

   Health Care (11.5%)
   Johnson & Johnson 5,211,528  338,072 
   Pfizer Inc. 12,437,766  260,322 
   Merck & Co., Inc. 3,963,805  150,426 
   Wyeth 2,438,732  101,842 
   Abbott Laboratories 1,828,869  100,862 
   Eli Lilly & Co. 1,859,105  95,911 
   Bristol-Myers Squibb Co. 3,603,215  76,749 
* Boston Scientific Corp. 2,444,094  31,456 
   Covidien Ltd. 586,517  25,953 
* Forest Laboratories, Inc. 369,091  14,767 
* Hospira, Inc. 186,076  7,958 
* Invitrogen Corp. 84,726  7,242 
   CIGNA Corp. 177,817  7,214 
^ Mylan Inc. 551,805  6,401 
   AmerisourceBergen Corp. 153,258  6,281 
* Barr Pharmaceuticals Inc. 120,942  5,843 
* Community Health Systems, Inc. 173,806  5,835 
   Hillenbrand Industries, Inc. 107,035  5,116 
   Applera Corp.-Applied Biosystems Group 152,803  5,021 
   Beckman Coulter, Inc. 74,201  4,790 
   Quest Diagnostics, Inc. 104,764  4,743 
* Charles River Laboratories, Inc. 80,284  4,732 
* Lincare Holdings, Inc. 145,632  4,094 
   Omnicare, Inc. 221,274  4,018 
* King Pharmaceuticals, Inc. 444,224  3,865 

        1,279,513 

   Industrials (10.2%)
   General Electric Co. 18,404,457  681,149 
   Union Pacific Corp. 454,309  56,961 
   Northrop Grumman Corp. 585,463  45,555 
   Norfolk Southern Corp. 705,306  38,312 
   Emerson Electric Co. 716,852  36,889 
   Waste Management, Inc. 926,063  31,079 
   L-3 Communications Holdings, Inc. 228,973  25,036 
   Ingersoll-Rand Co. 496,424  22,131 
   Parker Hannifin Corp. 306,211  21,211 
   Dover Corp. 361,817  15,117 
   Rockwell Automation, Inc. 258,097  14,820 
   Pitney Bowes, Inc. 394,695  13,822 
   Masco Corp. 671,577  13,317 
   Cooper Industries, Inc. Class A 327,902  13,165 
   Goodrich Corp. 216,146  12,431 
   R.R. Donnelley & Sons Co. 390,832  11,846 
   SPX Corp. 95,565  10,025 
   Republic Services, Inc. Class A 340,278  9,950 
   W.W. Grainger, Inc. 122,725  9,375 
   Avery Dennison Corp. 174,815  8,610 
   Manpower Inc. 147,656  8,307 
   Cintas Corp. 260,690  7,440 
* Allied Waste Industries, Inc. 609,586  6,590 
   Pentair, Inc. 171,918  5,484 
   Oshkosh Truck Corp. 134,873  4,893 
* Delta Air Lines Inc. 489,034  4,206 
   Pall Corp. 111,579  3,913 
*^ USG Corp. 87,910  3,237 
* Owens Corning Inc. 142,918  2,591 

        1,137,462 

   Information Technology (1.9%)
   Tyco Electronics Ltd. 906,142  31,099 
   Xerox Corp. 1,093,635  16,372 
   Electronic Data Systems Corp. 932,256  15,522 
* Flextronics International Ltd. 1,514,636  14,222 
   Fidelity National Information Services, Inc. 353,179  13,470 
* Computer Sciences Corp. 316,948  12,928 
   Microchip Technology, Inc. 390,156  12,770 
   Xilinx, Inc. 535,375  12,715 
* Western Digital Corp. 400,710  10,835 
   Seagate Technology 484,727  10,150 
* Arrow Electronics, Inc. 223,236  7,512 
* Teradata Corp. 330,159  7,283 
   Intersil Corp. 238,849  6,131 
* Avnet, Inc. 177,249  5,801 
* Cadence Design Systems, Inc. 488,469  5,217 
* BEA Systems, Inc. 253,389  4,852 
* Ingram Micro, Inc. Class A 282,223  4,468 
* LSI Corp. 838,249  4,149 
* Tellabs, Inc. 758,275  4,133 
   Molex, Inc. Class A 142,543  3,116 
   National Semiconductor Corp. 167,898  3,076 
* Lexmark International, Inc. 86,154  2,647 
* Hewitt Associates, Inc. 61,729  2,455 
   AVX Corp. 92,904  1,190 
   Jabil Circuit, Inc. 119,272  1,128 

        213,241 

   Materials (3.6%)
   E.I. du Pont de Nemours & Co. 1,637,483  76,569 
   Dow Chemical Co. 1,720,193  63,389 
   Alcoa Inc. 1,544,348  55,689 
   United States Steel Corp. 215,098  27,290 
   Weyerhaeuser Co. 381,460  24,810 
   International Paper Co. 740,287  20,136 
   PPG Industries, Inc. 298,024  18,033 
   Air Products & Chemicals, Inc. 137,226  12,625 
   Rohm & Haas Co. 231,708  12,531 
   Eastman Chemical Co. 147,689  9,223 
   MeadWestvaco Corp. 336,730  9,166 
   Vulcan Materials Co. 127,963  8,497 
   Sealed Air Corp. 294,592  7,438 
   Sigma-Aldrich Corp. 118,318  7,058 
   Lubrizol Corp. 124,757  6,925 
* Domtar Corp. 939,114  6,414 
   Celanese Corp. Series A 160,824  6,280 
   International Flavors & Fragrances, Inc. 132,994  5,858 
   Sonoco Products Co. 171,965  4,923 
   Ashland, Inc. 103,111  4,877 
   Bemis Co., Inc. 182,830  4,649 
* Smurfit-Stone Container Corp. 464,698  3,578 
   Steel Dynamics, Inc. 104,520  3,453 
   Huntsman Corp. 141,387  3,330 
* Pactiv Corp. 118,768  3,113 

        405,854 

   Telecommunication Services (6.2%)
   AT&T Inc. 11,040,864  422,865 
   Verizon Communications Inc. 5,263,663  191,861 
   Sprint Nextel Corp. 5,044,018  33,745 
   Embarq Corp. 278,314  11,160 
   Windstream Corp. 869,321  10,388 
   CenturyTel, Inc. 191,394  6,362 
   Citizens Communications Co. 598,098  6,274 
   Telephone & Data Systems, Inc. 96,216  3,778 
   Telephone & Data Systems, Inc. - Special Common Shares 96,063  3,583 
*^ Level 3 Communications, Inc. 978,354  2,074 

        692,090 

   Utilities (6.9%)
   Exelon Corp. 1,201,964  97,684 
   Southern Co. 1,383,072  49,251 
   FPL Group, Inc. 704,403  44,194 
   Dominion Resources, Inc. 1,060,630  43,316 
   Duke Energy Corp. 2,296,474  40,992 
   Entergy Corp. 354,069  38,622 
   FirstEnergy Corp. 555,243  38,101 
   Public Service Enterprise Group, Inc. 926,269  37,227 
   PPL Corp. 677,997  31,134 
   American Electric Power Co., Inc. 728,681  30,335 
   Edison International 563,900  27,642 
   PG&E Corp. 655,551  24,137 
   Sempra Energy 452,054  24,085 
   Consolidated Edison Inc. 494,836  19,645 
   Progress Energy, Inc. 448,153  18,688 
* Mirant Corp. 466,061  16,960 
   Ameren Corp. 378,604  16,674 
   Xcel Energy, Inc. 764,349  15,249 
   DTE Energy Co. 298,216  11,598 
* Reliant Energy, Inc. 407,788  9,644 
   Wisconsin Energy Corp. 213,071  9,373 
   Questar Corp. 157,562  8,912 
   Pepco Holdings, Inc. 353,252  8,732 
   NiSource, Inc. 499,769  8,616 
   ONEOK, Inc. 179,647  8,018 
   CenterPoint Energy Inc. 556,400  7,940 
   SCANA Corp. 202,067  7,392 
   MDU Resources Group, Inc. 298,490  7,328 
   Alliant Energy Corp. 200,781  7,029 
   Energy East Corp. 287,806  6,942 
   Northeast Utilities 282,813  6,940 
   Integrys Energy Group, Inc. 138,670  6,468 
   Pinnacle West Capital Corp. 182,506  6,402 
   Equitable Resources, Inc. 105,044  6,187 
   TECO Energy, Inc. 382,971  6,108 
   NSTAR 194,342  5,914 
   DPL Inc. 206,393  5,292 
* Dynegy, Inc. 591,431  4,666 
   Energen Corp. 61,920  3,858 

        767,295 




   Total Common Stocks
   (Cost $10,758,722)    11,152,734 



   Temporary Cash Investment (0.6%)



1 Vanguard Market Liquidity Fund, 2.800% 69,093,061  69,093 
   (Cost $69,093)



   Total Investments (100.6%)
   (Cost $10,827,815)    11,221,827 



   Other Assets and Liabilities - Net (-0.6%)    (66,988)



   Net Assets (100%)    11,154,839 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.

At March 31, 2008, the cost of investment securities for tax purposes was $10,827,815,000. Net unrealized appreciation of investment securities for tax purposes was $394,012,000, consisting of unrealized gains of $1,597,661,000 on securities that had risen in value since their purchase and $1,203,649,000 in unrealized losses on securities that had fallen in value since their purchase.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157"), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities.
Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At March 31, 2008, 100% of the fund's investments were valued based on Level 1 inputs.


Vanguard Large Cap Growth Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (100.0%)    



   Consumer Discretionary (11.8%)
   The Walt Disney Co. 4,415,026  138,543 
   Target Corp. 1,927,113  97,666 
   News Corp., Class A 4,433,978  83,137 
   Lowe's Cos., Inc. 3,589,074  82,333 
   McDonald's Corp. 1,443,832  80,523 
   Comcast Corp. Special Class A 3,706,360  70,310 
   Comcast Corp. Class A 3,520,169  68,080 
   NIKE, Inc. Class B 907,428  61,705 
* Viacom Inc. Class B 1,388,432  55,010 
* Amazon.com, Inc. 756,942  53,970 
   Johnson Controls, Inc. 1,449,769  49,002 
   Yum! Brands, Inc. 1,241,781  46,207 
* DIRECTV Group, Inc. 1,696,191  42,049 
   Staples, Inc. 1,726,396  38,171 
   Best Buy Co., Inc. 866,950  35,944 
   TJX Cos., Inc. 1,085,468  35,896 
   Omnicom Group Inc. 798,199  35,264 
* Kohl's Corp. 737,145  31,616 
* Starbucks Corp. 1,783,589  31,213 
   International Game Technology 770,177  30,969 
   The McGraw-Hill Cos., Inc. 803,360  29,684 
   Marriott International, Inc. Class A 808,226  27,771 
* Liberty Media Corp. 1,202,812  27,232 
* Coach, Inc. 898,933  27,103 
   Starwood Hotels & Resorts Worldwide, Inc. 486,135  25,157 
* Ford Motor Co. 4,233,032  24,213 
* Liberty Media Corp.-Interactive Series A 1,413,325  22,811 
   Harley-Davidson, Inc. 589,459  22,105 
   News Corp., Class B 1,072,474  20,420 
* Liberty Global, Inc. Series C 612,103  19,881 
* Las Vegas Sands Corp. 260,058  19,151 
* Bed Bath & Beyond, Inc. 646,524  19,072 
*^ Sears Holdings Corp. 184,847  18,871 
* GameStop Corp. Class A 353,672  18,288 
*^ Garmin Ltd. 291,143  15,725 
   Tim Hortons, Inc. 457,203  15,568 
   Wynn Resorts Ltd. 153,496  15,448 
   Abercrombie & Fitch Co. 210,078  15,365 
* Apollo Group, Inc. Class A 345,265  14,915 
   Nordstrom, Inc. 453,465  14,783 
* DISH Network Corp. 510,455  14,665 
* MGM Mirage, Inc. 243,844  14,331 
* Discovery Holding Co. Class A 657,213  13,946 
* AutoZone Inc. 110,916  12,626 
   J.C. Penney Co., Inc. (Holding Co.) 334,275  12,606 
* Cablevision Systems NY Group Class A 563,784  12,082 
* The Goodyear Tire & Rubber Co. 464,016  11,972 
* Time Warner Cable, Inc. 440,444  11,002 
*^ CarMax, Inc. 532,189  10,335 
*^ Sirius Satellite Radio, Inc. 3,408,268  9,748 
* Liberty Global, Inc. Class A 272,179  9,276 
* XM Satellite Radio Holdings, Inc. 767,358  8,917 
* Urban Outfitters, Inc. 283,747  8,895 
   Polo Ralph Lauren Corp. 142,233  8,291 
* Penn National Gaming, Inc. 179,845  7,865 
* O'Reilly Automotive, Inc. 267,023  7,615 
* Office Depot, Inc. 666,429  7,364 
   Tiffany & Co. 165,655  6,931 
   WABCO Holdings Inc. 148,825  6,789 
*^ Lamar Advertising Co. Class A 183,497  6,593 
   PetSmart, Inc. 314,258  6,423 
* Dollar Tree,Inc. 232,456  6,413 
   Harman International Industries, Inc. 140,200  6,104 
* NVR, Inc. 10,030  5,993 
*^ Williams-Sonoma, Inc. 225,384  5,463 
* Expedia, Inc. 236,984  5,188 
   Pulte Homes, Inc. 345,550  5,028 
   Centex Corp. 193,026  4,673 
   Guess ?, Inc. 115,026  4,655 
   Limited Brands, Inc. 271,758  4,647 
* ITT Educational Services, Inc. 97,148  4,462 
   American Eagle Outfitters, Inc. 236,222  4,136 
   Weight Watchers International, Inc. 77,575  3,594 
* Interpublic Group of Cos., Inc. 403,243  3,391 
   Virgin Media Inc. 238,105  3,350 
*^ Crocs, Inc. 191,489  3,345 
   Family Dollar Stores, Inc. 163,104  3,180 
* Career Education Corp. 222,640  2,832 
* CTC Media, Inc. 92,825  2,576 
* R.H. Donnelley Corp. 86,709  439 

        1,868,912 

   Consumer Staples (11.0%)
   Wal-Mart Stores, Inc. 5,866,683  309,057 
   PepsiCo, Inc. 3,930,114  283,754 
   The Procter & Gamble Co. 3,791,242  265,652 
   CVS/Caremark Corp. 3,605,887  146,074 
   The Coca-Cola Co. 1,777,337  108,186 
   Colgate-Palmolive Co. 1,244,592  96,966 
   Walgreen Co. 2,420,394  92,193 
   Costco Wholesale Corp. 1,059,759  68,853 
   Archer-Daniels-Midland Co. 1,412,607  58,143 
   Anheuser-Busch Cos., Inc. 1,164,576  55,259 
   Sysco Corp. 1,484,796  43,089 
   Avon Products, Inc. 1,047,684  41,425 
   Wm. Wrigley Jr. Co. 418,226  26,281 
   Kellogg Co. 437,591  23,000 
   The Kroger Co. 789,961  20,065 
   The Hershey Co. 385,581  14,525 
* Energizer Holdings, Inc. 133,080  12,041 
*^ Whole Foods Market, Inc. 340,219  11,217 
   Carolina Group 132,405  9,606 
   The Clorox Co. 169,153  9,581 
   Campbell Soup Co. 281,165  9,546 
   The Estee Lauder Cos. Inc. Class A 171,619  7,869 
* Hansen Natural Corp. 168,933  5,963 
   Dean Foods Co. 240,435  4,830 
   Wm. Wrigley Jr. Co. Class B 62,668  3,898 
*^ Bare Escentuals, Inc. 133,678  3,131 
   Brown-Forman Corp. Class B 45,677  3,025 

        1,733,229 

   Energy (9.4%)
   Schlumberger Ltd. 2,919,753  254,019 
   Occidental Petroleum Corp. 2,023,008  148,023 
* Transocean, Inc. 761,321  102,931 
   Halliburton Co. 2,151,377  84,614 
   XTO Energy, Inc. 1,180,512  73,026 
   EOG Resources, Inc. 600,572  72,069 
* Weatherford International Ltd. 823,433  59,674 
   Baker Hughes, Inc. 776,856  53,215 
* National Oilwell Varco Inc. 870,770  50,836 
   Chesapeake Energy Corp. 1,099,218  50,729 
   Williams Cos., Inc. 1,449,098  47,791 
   Valero Energy Corp. 873,472  42,896 
   Peabody Energy Corp. 649,081  33,103 
   Noble Corp. 656,896  32,628 
   Smith International, Inc. 489,047  31,411 
   CONSOL Energy, Inc. 443,029  30,653 
* Ultra Petroleum Corp. 371,976  28,828 
* Southwestern Energy Co. 832,216  28,037 
   Range Resources Corp. 364,221  23,110 
* Cameron International Corp. 533,888  22,231 
   ENSCO International, Inc. 353,614  22,143 
   BJ Services Co. 714,919  20,382 
   Diamond Offshore Drilling, Inc. 169,418  19,720 
* FMC Technologies Inc. 317,530  18,064 
* Denbury Resources, Inc. 596,347  17,026 
* Grant Prideco, Inc. 310,145  15,265 
   Arch Coal, Inc. 349,285  15,194 
* Pride International, Inc. 407,561  14,244 
   Murphy Oil Corp. 153,552  12,613 
* Nabors Industries, Inc. 345,598  11,671 
* Exterran Holdings, Inc. 152,380  9,835 
* Plains Exploration & Production Co. 178,963  9,510 
   Frontier Oil Corp. 257,322  7,015 
   Rowan Cos., Inc. 135,924  5,597 
   Sunoco, Inc. 100,559  5,276 
   Patterson-UTI Energy, Inc. 132,335  3,465 
* CNX Gas Corp. 73,716  2,380 

        1,479,224 

   Financials (7.3%)
   Bank of New York Mellon Corp. 2,780,090  116,013 
   American Express Co. 2,569,595  112,343 
* Berkshire Hathaway Inc. Class B 23,678  105,909 
   AFLAC Inc. 1,191,007  77,356 
   State Street Corp. 942,940  74,492 
   CME Group, Inc. 119,766  56,182 
   The Goldman Sachs Group, Inc. 305,819  50,579 
   Charles Schwab Corp. 2,399,941  45,191 
   Franklin Resources Corp. 418,768  40,616 
   ProLogis REIT 628,795  37,011 
   The Principal Financial Group, Inc. 638,787  35,593 
   T. Rowe Price Group Inc. 612,540  30,627 
   Prudential Financial, Inc. 386,321  30,230 
   Public Storage, Inc. REIT 312,290  27,675 
   Progressive Corp. of Ohio 1,599,321  25,701 
   Simon Property Group, Inc. REIT 272,278  25,297 
   Invesco, Ltd. 973,578  23,716 
   Northern Trust Corp. 314,078  20,877 
   NYSE Euronext 323,493  19,963 
   Nymex Holdings Inc. 215,321  19,515 
* SLM Corp. 1,259,469  19,333 
   Moody's Corp. 536,257  18,678 
   Legg Mason Inc. 322,838  18,072 
* IntercontinentalExchange Inc. 135,890  17,734 
   Discover Financial Services 1,049,541  17,181 
* Nasdaq Stock Market Inc. 338,183  13,074 
* CB Richard Ellis Group, Inc. 505,704  10,943 
* TD Ameritrade Holding Corp. 654,203  10,801 
   General Growth Properties Inc. REIT 267,922  10,227 
   Janus Capital Group Inc. 416,263  9,686 
   SEI Investments Co. 355,856  8,786 
   Eaton Vance Corp. 284,991  8,695 
   Brown & Brown, Inc. 292,133  5,077 
   Federated Investors, Inc. 111,822  4,379 
   TFS Financial Corp. 284,137  3,418 
*^ The St. Joe Co. 78,431  3,367 
   Forest City Enterprise Class A 76,458  2,814 

        1,157,151 

   Health Care (12.2%)
   Medtronic, Inc. 2,778,161  134,380 
* Gilead Sciences, Inc. 2,272,495  117,102 
* Amgen, Inc. 2,655,504  110,947 
   UnitedHealth Group Inc. 3,154,817  108,400 
* Genentech, Inc. 1,156,957  93,922 
   Baxter International, Inc. 1,548,042  89,508 
   Abbott Laboratories 1,320,647  72,834 
* Celgene Corp. 1,047,285  64,188 
* WellPoint Inc. 1,394,903  61,557 
* Thermo Fisher Scientific, Inc. 1,025,583  58,294 
* Medco Health Solutions, Inc. 1,305,946  57,187 
   Schering-Plough Corp. 3,954,573  56,985 
   Aetna Inc. 1,221,728  51,423 
   Becton, Dickinson & Co. 595,527  51,126 
* Genzyme Corp. 649,430  48,408 
   Cardinal Health, Inc. 882,727  46,352 
   Stryker Corp. 701,540  45,635 
* Zimmer Holdings, Inc. 573,105  44,622 
* Biogen Idec Inc. 716,353  44,192 
   Allergan, Inc. 749,554  42,267 
   McKesson Corp. 706,622  37,006 
* St. Jude Medical, Inc. 835,973  36,106 
* Express Scripts Inc. 523,103  33,646 
* Intuitive Surgical, Inc. 93,302  30,262 
   C.R. Bard, Inc. 248,737  23,978 
* Laboratory Corp. of America Holdings 281,284  20,725 
   Covidien Ltd. 423,432  18,737 
* Humana Inc. 413,596  18,554 
   CIGNA Corp. 442,949  17,970 
* Hologic, Inc. 306,112  17,020 
* Coventry Health Care Inc. 378,275  15,263 
* Varian Medical Systems, Inc. 305,517  14,310 
* Waters Corp. 245,287  13,662 
   DENTSPLY International Inc. 351,304  13,560 
* Covance, Inc. 155,892  12,934 
* Henry Schein, Inc. 218,693  12,553 
* DaVita, Inc. 260,478  12,440 
* Millennium Pharmaceuticals, Inc. 788,435  12,189 
   Quest Diagnostics, Inc. 261,175  11,823 
   Pharmaceutical Product Development, Inc. 261,288  10,948 
* Forest Laboratories, Inc. 266,592  10,666 
* Cephalon, Inc. 163,760  10,546 
   IMS Health, Inc. 473,718  9,953 
* Patterson Cos. 273,389  9,924 
* Amylin Pharmaceuticals, Inc. 329,150  9,614 
* Millipore Corp. 133,197  8,979 
   AmerisourceBergen Corp. 204,973  8,400 
* Health Net Inc. 269,079  8,288 
* Endo Pharmaceuticals Holdings, Inc. 327,386  7,838 
* Vertex Pharmaceuticals, Inc. 322,987  7,716 
   Applera Corp.-Applied Biosystems Group 205,416  6,750 
* ImClone Systems, Inc. 147,460  6,255 
* Cerner Corp. 166,009  6,189 
* Kinetic Concepts, Inc. 131,883  6,097 
* Hospira, Inc. 134,656  5,759 
* Sepracor Inc. 272,866  5,326 
* Warner Chilcott Ltd. 244,787  4,406 
* Barr Pharmaceuticals Inc. 87,397  4,222 
   Beckman Coulter, Inc. 53,637  3,462 
* Charles River Laboratories, Inc. 58,040  3,421 
* WellCare Health Plans Inc. 86,636  3,374 
   Brookdale Senior Living Inc. 86,883  2,076 

        1,932,276 

   Industrials (13.6%)
   United Technologies Corp. 2,292,744  157,787 
   The Boeing Co. 1,797,697  133,695 
   3M Co. 1,654,266  130,935 
   United Parcel Service, Inc. 1,680,883  122,738 
   Caterpillar, Inc. 1,552,641  121,556 
   Honeywell International Inc. 1,732,038  97,722 
   Deere & Co. 1,075,214  86,490 
   Lockheed Martin Corp. 857,393  85,139 
   Burlington Northern Santa Fe Corp. 856,049  78,945 
   General Dynamics Corp. 835,028  69,616 
   Raytheon Co. 1,048,088  67,717 
   FedEx Corp. 717,243  66,467 
   CSX Corp. 1,026,463  57,554 
   Illinois Tool Works, Inc. 1,128,859  54,445 
   Tyco International, Ltd. 1,209,995  53,300 
   Emerson Electric Co. 961,125  49,459 
   Danaher Corp. 618,115  46,995 
   PACCAR, Inc. 854,407  38,448 
   Precision Castparts Corp. 337,156  34,417 
   Textron, Inc. 608,572  33,727 
   Fluor Corp. 215,924  30,480 
* McDermott International, Inc. 549,799  30,140 
   Eaton Corp. 355,945  28,358 
   Expeditors International of Washington, Inc. 520,299  23,507 
   Rockwell Collins, Inc. 397,756  22,732 
   Southwest Airlines Co. 1,792,510  22,227 
   Cummins Inc. 473,728  22,180 
* First Solar, Inc. 95,162  21,996 
   ITT Industries, Inc. 420,452  21,784 
* Jacobs Engineering Group Inc. 294,971  21,707 
   C.H. Robinson Worldwide Inc. 393,547  21,409 
   Trane, Inc. 443,486  20,356 
* Foster Wheeler Ltd. 350,840  19,865 
   Joy Global Inc. 263,730  17,185 
* Terex Corp. 250,561  15,660 
   Flowserve Corp. 139,486  14,560 
*^ Fastenal Co. 309,186  14,201 
* AGCO Corp. 223,687  13,394 
   The Manitowoc Co., Inc. 316,931  12,931 
   Roper Industries Inc. 216,561  12,872 
   The Dun & Bradstreet Corp. 141,495  11,515 
   Ametek, Inc. 261,938  11,502 
   KBR Inc. 413,645  11,470 
   Harsco Corp. 205,608  11,387 
   Equifax, Inc. 321,886  11,099 
* Stericycle, Inc. 212,282  10,933 
* Quanta Services, Inc. 415,505  9,627 
   Robert Half International, Inc. 373,570  9,616 
* Shaw Group, Inc. 198,073  9,337 
* ChoicePoint Inc. 174,749  8,318 
* Monster Worldwide Inc. 285,870  6,921 
   J.B. Hunt Transport Services, Inc. 216,938  6,818 
*^ SunPower Corp. Class A 91,042  6,784 
   UAL Corp. 284,056  6,116 
* Spirit Aerosystems Holdings Inc. 250,506  5,556 
* AMR Corp. 608,206  5,486 
   Pall Corp. 149,576  5,246 
* Hertz Global Holdings Inc. 353,627  4,265 
   The Corporate Executive Board Co. 86,617  3,506 
*^ USG Corp. 63,591  2,341 

        2,152,539 

   Information Technology (29.0%)
   Microsoft Corp. 20,557,505  583,422 
   International Business Machines Corp. 3,364,302  387,366 
* Cisco Systems, Inc. 14,812,783  356,840 
* Apple Inc. 2,137,608  306,747 
   Intel Corp. 14,275,665  302,359 
   Hewlett-Packard Co. 6,294,442  287,404 
* Google Inc. 574,961  253,253 
* Oracle Corp. 10,003,066  195,660 
   QUALCOMM Inc. 3,995,558  163,818 
* Dell Inc. 5,185,884  103,303 
   Texas Instruments, Inc. 3,413,727  96,506 
   Corning, Inc. 3,847,403  92,492 
* Yahoo! Inc. 2,936,687  84,958 
* eBay Inc. 2,643,738  78,889 
* EMC Corp. 5,122,851  73,462 
   Applied Materials, Inc. 3,364,644  65,644 
   Automatic Data Processing, Inc. 1,284,686  54,458 
   Motorola, Inc. 5,577,182  51,868 
   Accenture Ltd. 1,467,424  51,609 
* Adobe Systems, Inc. 1,400,837  49,856 
* MEMC Electronic Materials, Inc. 559,429  39,663 
   Western Union Co. 1,833,330  38,995 
   MasterCard, Inc. Class A 174,347  38,878 
* Electronic Arts Inc. 769,116  38,394 
* Symantec Corp. 2,117,417  35,191 
* Sun Microsystems, Inc. 2,239,118  34,774 
* Juniper Networks, Inc. 1,210,016  30,250 
   Paychex, Inc. 823,344  28,208 
* Agilent Technologies, Inc. 943,946  28,158 
* NVIDIA Corp. 1,288,837  25,506 
   CA, Inc. 1,007,054  22,659 
* Broadcom Corp. 1,148,926  22,140 
   Analog Devices, Inc. 740,604  21,863 
* Intuit, Inc. 771,699  20,844 
* Cognizant Technology Solutions Corp. 708,966  20,439 
* Activision, Inc. 711,164  19,422 
* Fiserv, Inc. 381,832  18,362 
* VeriSign, Inc. 539,495  17,933 
* Autodesk, Inc. 565,635  17,806 
* NetApp, Inc. 868,667  17,417 
   Linear Technology Corp. 545,706  16,748 
   KLA-Tencor Corp. 444,795  16,502 
* NAVTEQ Corp. 240,436  16,350 
   Harris Corp. 334,675  16,242 
   Amphenol Corp. 435,156  16,210 
* BMC Software, Inc. 478,033  15,546 
   Altera Corp. 820,128  15,115 
   Seagate Technology 649,537  13,601 
* Citrix Systems, Inc. 463,236  13,587 
* salesforce.com, inc. 230,714  13,351 
* Marvell Technology Group Ltd. 1,225,641  13,335 
* McAfee Inc. 389,549  12,890 
* SanDisk Corp. 559,395  12,626 
* Iron Mountain, Inc. 464,973  12,294 
* BEA Systems, Inc. 632,097  12,105 
   Xerox Corp. 790,097  11,828 
* LAM Research Corp. 303,940  11,617 
* Affiliated Computer Services, Inc. Class A 229,337  11,492 
* Micron Technology, Inc. 1,856,889  11,086 
* Akamai Technologies, Inc. 385,470  10,855 
* NCR Corp. 441,976  10,090 
   Total System Services, Inc. 410,735  9,718 
* Cypress Semiconductor Corp. 388,725  9,178 
* Alliance Data Systems Corp. 192,199  9,131 
*^ Advanced Micro Devices, Inc. 1,474,046  8,682 
* Trimble Navigation Ltd. 296,134  8,466 
* Red Hat, Inc. 449,738  8,271 
* DST Systems, Inc. 120,063  7,893 
   National Semiconductor Corp. 419,272  7,681 
* JDS Uniphase Corp. 521,944  6,989 
* Hewitt Associates, Inc. 152,979  6,084 
* Novellus Systems, Inc. 283,692  5,972 
* Teradyne, Inc. 424,101  5,267 
* Dolby Laboratories Inc. 120,993  4,387 
* Avnet, Inc. 128,250  4,198 
* Lexmark International, Inc. 115,681  3,554 
* LSI Corp. 603,876  2,989 
   Jabil Circuit, Inc. 297,318  2,813 
   Molex, Inc. Class A 102,501  2,241 
   Molex, Inc. 54,612  1,265 

        4,575,065 

   Materials (4.0%)
   Monsanto Co. 1,333,836  148,723 
   Freeport-McMoRan Copper & Gold, Inc. Class B 932,421  89,718 
   Praxair, Inc. 771,257  64,963 
   Newmont Mining Corp. (Holding Co.) 1,057,246  47,893 
   Nucor Corp. 703,140  47,631 
* The Mosaic Co. 377,492  38,731 
   Air Products & Chemicals, Inc. 341,796  31,445 
* Owens-Illinois, Inc. 382,721  21,597 
   Ecolab, Inc. 450,400  19,561 
   Allegheny Technologies Inc. 224,708  16,035 
   AK Steel Holding Corp. 272,164  14,811 
   CF Industries Holdings, Inc. 122,753  12,720 
*^ Martin Marietta Materials, Inc. 102,197  10,850 
   Ball Corp. 220,839  10,145 
* Crown Holdings, Inc. 390,117  9,815 
   Sigma-Aldrich Corp. 158,777  9,471 
   Steel Dynamics, Inc. 260,532  8,608 
   Albemarle Corp. 198,878  7,263 
   Vulcan Materials Co. 92,413  6,136 
   Celanese Corp. Series A 116,282  4,541 
   Huntsman Corp. 189,836  4,471 
* Pactiv Corp. 159,427  4,179 
   Titanium Metals Corp. 198,210  2,983 

        632,290 

   Telecommunication Services (0.7%)
* American Tower Corp. Class A 988,319  38,752 
* Crown Castle International Corp. 661,480  22,814 
   Qwest Communications International Inc. 3,745,589  16,968 
* NII Holdings Inc. 422,960  13,442 
* Metropcs Communications Inc. 424,147  7,210 
* Leap Wireless International, Inc. 133,286  6,211 
*^ Level 3 Communications, Inc. 2,439,561  5,172 
* U.S. Cellular Corp. 40,115  2,206 

        112,775 

   Utilities (0.9%)
   Constellation Energy Group, Inc. 441,049  38,931 
* AES Corp. 1,634,264  27,243 
* NRG Energy, Inc. 553,643  21,587 
   Allegheny Energy, Inc. 405,858  20,496 
   Questar Corp. 210,912  11,929 
   Equitable Resources, Inc. 141,019  8,306 
* Reliant Energy, Inc. 294,182  6,957 
   Energen Corp. 83,330  5,191 
* Dynegy, Inc. 428,037  3,377 

        144,017 

   Other (0.1%)
1 Miscellaneous Securities    10,082 



   Total Common Stocks
   (Cost $12,830,625)    15,797,560 



   Temporary Cash Investment (0.6%)



2 Vanguard Market Liquidity Fund, 2.800%
   (Cost $95,804) 95,803,698  95,804 



   Total Investments (100.6%)
   (Cost $12,926,429)    15,893,364 



   Other Assets and Liabilities - Net (-0.6%)    (92,993)



   Net Assets (100%)    15,800,371 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Securities representing up to 5% of the market value of unaffiliated securities are permitted to be combined and reported as "miscellaneous securities" provided that they have been held for less than one year and not previously reported by name.
2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.

At March 31, 2008, the cost of investment securities for tax purposes was $12,926,429,000. Net unrealized appreciation of investment securities for tax purposes was $2,966,935,000, consisting of unrealized gains of $3,665,919,000 on securities that had risen in value since their purchase and $698,984,000 in unrealized losses on securities that had fallen in value since their purchase.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157"), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities.
Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At March 31, 2008, 100% of the fund's investments were valued based on Level 1 inputs.


Vanguard Large Cap Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (99.8%)    



   Consumer Discretionary (9.1%)
   McDonald's Corp. 202,836  11,312 
   The Walt Disney Co. 310,248  9,736 
   Time Warner, Inc. 620,169  8,695 
   Home Depot, Inc. 289,545  8,099 
   Target Corp. 135,484  6,866 
   Comcast Corp. Class A 339,104  6,558 
   News Corp., Class A 311,660  5,844 
   Lowe's Cos., Inc. 252,225  5,786 
   NIKE, Inc. Class B 63,825  4,340 
* Viacom Inc. Class B 97,653  3,869 
* Amazon.com, Inc. 53,258  3,797 
   Johnson Controls, Inc. 101,986  3,447 
   Yum! Brands, Inc. 87,350  3,250 
   Comcast Corp. Special Class A 169,255  3,211 
   Carnival Corp. 75,046  3,038 
* DIRECTV Group, Inc. 119,366  2,959 
   Staples, Inc. 121,464  2,686 
   Best Buy Co., Inc. 61,123  2,534 
   TJX Cos., Inc. 76,532  2,531 
   Omnicom Group Inc. 56,205  2,483 
   Clear Channel Communications, Inc. 81,237  2,374 
   CBS Corp. 102,166  2,256 
* Kohl's Corp. 51,942  2,228 
* Starbucks Corp. 125,574  2,198 
   International Game Technology 54,303  2,184 
   The McGraw-Hill Cos., Inc. 56,638  2,093 
   Marriott International, Inc. Class A 56,956  1,957 
* Liberty Media Corp. 84,873  1,922 
* Coach, Inc. 63,368  1,911 
   The Gap, Inc. 96,257  1,894 
   Fortune Brands, Inc. 26,537  1,844 
   Starwood Hotels & Resorts Worldwide, Inc. 34,152  1,767 
   Macy's Inc. 74,661  1,722 
* Ford Motor Co. 298,360  1,707 
* Liberty Media Corp.-Interactive Series A 99,763  1,610 
   Harley-Davidson, Inc. 41,397  1,552 
   General Motors Corp. 78,021  1,486 
   News Corp., Class B 75,791  1,443 
   J.C. Penney Co., Inc. (Holding Co.) 36,117  1,362 
* Las Vegas Sands Corp. 18,270  1,345 
* Bed Bath & Beyond, Inc. 45,381  1,339 
*^ Sears Holdings Corp. 13,000  1,327 
* GameStop Corp. Class A 24,861  1,286 
   Mattel, Inc. 63,270  1,259 
   H & R Block, Inc. 56,521  1,173 
   VF Corp. 15,077  1,169 
   Genuine Parts Co. 29,015  1,167 
   Gannett Co., Inc. 39,797  1,156 
   Whirlpool Corp. 13,244  1,149 
   Newell Rubbermaid, Inc. 48,306  1,105 
   Garmin Ltd. 20,445  1,104 
   Tim Hortons, Inc. 32,108  1,093 
   Wynn Resorts Ltd. 10,842  1,091 
   Abercrombie & Fitch Co. 14,752  1,079 
* Apollo Group, Inc. Class A 24,400  1,054 
* Liberty Global, Inc. Class A 30,852  1,051 
   Nordstrom, Inc. 32,075  1,046 
* DISH Network Corp. 35,799  1,029 
* MGM Mirage, Inc. 17,282  1,016 
* Liberty Global, Inc. Series C 31,242  1,015 
* Discovery Holding Co. Class A 46,099  978 
   Tiffany & Co. 23,212  971 
   Sherwin-Williams Co. 18,364  937 
   Limited Brands, Inc. 54,436  931 
* AutoZone Inc. 7,818  890 
   Eastman Kodak Co. 49,311  871 
   BorgWarner, Inc. 19,931  858 
* Cablevision Systems NY Group Class A 40,008  857 
* The Goodyear Tire & Rubber Co. 32,543  840 
   Royal Caribbean Cruises, Ltd. 23,633  778 
* Time Warner Cable, Inc. 30,903  772 
   D. R. Horton, Inc. 48,492  764 
   Darden Restaurants Inc. 23,074  751 
* Expedia, Inc. 33,252  728 
*^ CarMax, Inc. 37,312  725 
   Black & Decker Corp. 10,722  709 
   Ross Stores, Inc. 23,535  705 
* IAC/InterActiveCorp 33,159  688 
*^ Sirius Satellite Radio, Inc. 238,785  683 
* Interpublic Group of Cos., Inc. 80,676  678 
* Mohawk Industries, Inc. 9,377  671 
   Virgin Media Inc. 47,681  671 
   Hasbro, Inc. 23,924  667 
   Washington Post Co. Class B 996  659 
   Autoliv, Inc. 13,096  657 
   E.W. Scripps Co. Class A 15,170  637 
   Wyndham Worldwide Corp. 30,457  630 
* Urban Outfitters, Inc. 19,959  626 
* XM Satellite Radio Holdings, Inc. 53,769  625 
   The Stanley Works 12,730  606 
   Advance Auto Parts, Inc. 17,342  591 
   Polo Ralph Lauren Corp. 10,029  585 
   American Eagle Outfitters, Inc. 33,130  580 
* Penn National Gaming, Inc. 12,670  554 
   Pulte Homes, Inc. 37,315  543 
* Toll Brothers, Inc. 22,795  535 
* O'Reilly Automotive, Inc. 18,735  534 
* Office Depot, Inc. 46,744  517 
   Centex Corp. 20,838  504 
   WABCO Holdings Inc. 10,442  476 
* Lamar Advertising Co. Class A 12,862  462 
* Dollar Tree,Inc. 16,600  458 
   PetSmart, Inc. 22,322  456 
   Family Dollar Stores, Inc. 22,788  444 
   Leggett & Platt, Inc. 29,101  444 
^ New York Times Co. Class A 23,336  441 
   Harman International Industries, Inc. 9,875  430 
* NVR, Inc. 714  427 
   Lennar Corp. Class A 22,121  416 
   Williams-Sonoma, Inc. 16,058  389 
   RadioShack Corp. 21,862  355 
* AutoNation, Inc. 23,598  353 
   Wendy's International, Inc. 14,990  346 
   Brinker International, Inc. 17,954  333 
   Guess ?, Inc. 8,069  327 
   KB Home 13,067  323 
* ITT Educational Services, Inc. 6,855  315 
   Foot Locker, Inc. 26,419  311 
   Weight Watchers International, Inc. 5,645  262 
* Crocs, Inc. 13,357  233 
   Boyd Gaming Corp. 10,215  204 
* Career Education Corp. 15,792  201 
* CTC Media, Inc. 6,640  184 
   Liz Claiborne, Inc. 5,053  92 
* R.H. Donnelley Corp. 12,230  62 
   Idearc Inc. 1,295 

        196,859 

   Consumer Staples (10.4%)
   The Procter & Gamble Co. 532,777  37,332 
   The Coca-Cola Co. 356,926  21,726 
   Wal-Mart Stores, Inc. 412,302  21,720 
   PepsiCo, Inc. 276,171  19,940 
   Philip Morris International Inc. 361,603  18,290 
   CVS/Caremark Corp. 253,252  10,259 
   Kraft Foods Inc. 265,438  8,231 
   Altria Group, Inc. 361,603  8,028 
   Colgate-Palmolive Co. 87,482  6,816 
   Walgreen Co. 170,120  6,480 
   Anheuser-Busch Cos., Inc. 125,938  5,976 
   Costco Wholesale Corp. 74,502  4,840 
   Kimberly-Clark Corp. 72,681  4,692 
   Archer-Daniels-Midland Co. 99,530  4,097 
   General Mills, Inc. 57,724  3,457 
   Sysco Corp. 104,433  3,031 
   Avon Products, Inc. 73,771  2,917 
   The Kroger Co. 111,131  2,823 
   H.J. Heinz Co. 54,565  2,563 
   Kellogg Co. 47,462  2,495 
   Safeway, Inc. 76,156  2,235 
   Wm. Wrigley Jr. Co. 32,175  2,022 
   ConAgra Foods, Inc. 83,910  2,010 
   Reynolds American Inc. 30,519  1,802 
   Bunge Ltd. 20,710  1,799 
   Sara Lee Corp. 124,852  1,745 
   UST, Inc. 27,032  1,474 
   The Clorox Co. 23,918  1,355 
   Carolina Group 18,596  1,349 
   Campbell Soup Co. 39,482  1,340 
   Molson Coors Brewing Co. Class B 22,381  1,177 
   Coca-Cola Enterprises, Inc. 46,172  1,117 
   SuperValu Inc. 36,580  1,097 
   The Hershey Co. 27,064  1,020 
   The Estee Lauder Cos. Inc. Class A 18,575  852 
* Energizer Holdings, Inc. 9,378  849 
   Whole Foods Market, Inc. 23,855  786 
   The Pepsi Bottling Group, Inc. 22,996  780 
   Tyson Foods, Inc. 46,489  742 
   McCormick & Co., Inc. 19,630  726 
   Brown-Forman Corp. Class B 9,204  609 
* Constellation Brands, Inc. Class A 32,899  581 
   Hormel Foods Corp. 12,855  536 
   Dean Foods Co. 25,966  522 
* Smithfield Foods, Inc. 19,547  504 
* Hansen Natural Corp. 11,870  419 
   PepsiAmericas, Inc. 11,159  285 
* Bare Escentuals, Inc. 9,364  219 
   Wm. Wrigley Jr. Co. Class B 1,719  107 

        225,772 

   Energy (12.9%)
   ExxonMobil Corp. 937,305  79,277 
   Chevron Corp. 362,270  30,923 
   ConocoPhillips Co. 260,727  19,870 
   Schlumberger Ltd. 205,227  17,855 
   Occidental Petroleum Corp. 142,237  10,407 
   Devon Energy Corp. 72,554  7,570 
* Transocean, Inc. 53,520  7,236 
   Apache Corp. 57,125  6,902 
   Halliburton Co. 151,216  5,947 
   Marathon Oil Corp. 121,933  5,560 
   XTO Energy, Inc. 82,976  5,133 
   EOG Resources, Inc. 42,250  5,070 
   Anadarko Petroleum Corp. 80,039  5,045 
   Valero Energy Corp. 94,530  4,642 
   Hess Corp. 49,374  4,354 
* Weatherford International Ltd. 57,946  4,199 
   Baker Hughes, Inc. 54,616  3,741 
* National Oilwell Varco Inc. 61,241  3,575 
   Chesapeake Energy Corp. 77,399  3,572 
   Williams Cos., Inc. 102,023  3,365 
   Murphy Oil Corp. 30,988  2,545 
   Spectra Energy Corp. 108,746  2,474 
   Peabody Energy Corp. 45,734  2,332 
   Noble Corp. 46,264  2,298 
   Smith International, Inc. 34,342  2,206 
   CONSOL Energy, Inc. 31,134  2,154 
   Noble Energy, Inc. 29,391  2,140 
* Ultra Petroleum Corp. 26,158  2,027 
   El Paso Corp. 120,563  2,006 
* Southwestern Energy Co. 58,474  1,970 
* Nabors Industries, Inc. 48,873  1,650 
   Range Resources Corp. 25,760  1,634 
* Cameron International Corp. 37,481  1,561 
   ENSCO International, Inc. 24,833  1,555 
   BJ Services Co. 50,610  1,443 
   Diamond Offshore Drilling, Inc. 11,905  1,386 
* FMC Technologies Inc. 22,472  1,278 
* Denbury Resources, Inc. 42,187  1,204 
* Newfield Exploration Co. 22,458  1,187 
* Grant Prideco, Inc. 21,795  1,073 
   Arch Coal, Inc. 24,540  1,067 
   Sunoco, Inc. 20,142  1,057 
* Plains Exploration & Production Co. 19,331  1,027 
   Pioneer Natural Resources Co. 20,498  1,007 
* Pride International, Inc. 28,580  999 
   Rowan Cos., Inc. 19,089  786 
   Cimarex Energy Co. 14,130  773 
   Tesoro Corp. 23,505  705 
   Patterson-UTI Energy, Inc. 26,520  694 
* Exterran Holdings, Inc. 10,718  692 
   Frontier Oil Corp. 18,137  494 
* CNX Gas Corp. 5,263  170 

        279,837 

   Financials (16.8%)
   Bank of America Corp. 761,388  28,864 
   JPMorgan Chase & Co. 576,304  24,752 
   Citigroup, Inc. 886,470  18,988 
   American International Group, Inc. 369,851  15,996 
   Wells Fargo & Co. 546,707  15,909 
   The Goldman Sachs Group, Inc. 61,471  10,167 
   U.S. Bancorp 296,231  9,586 
   Wachovia Corp. 339,318  9,162 
   Bank of New York Mellon Corp. 195,391  8,154 
   American Express Co. 180,642  7,898 
   MetLife, Inc. 127,047  7,656 
   Morgan Stanley 163,909  7,491 
* Berkshire Hathaway Inc. Class B 1,673  7,483 
   Prudential Financial, Inc. 77,607  6,073 
   Merrill Lynch & Co., Inc. 139,160  5,669 
   AFLAC Inc. 83,722  5,438 
   The Travelers Cos., Inc. 110,753  5,300 
   State Street Corp. 66,338  5,241 
   The Allstate Corp. 93,163  4,477 
   Fannie Mae 167,363  4,405 
   The Hartford Financial Services Group Inc. 53,942  4,087 
   CME Group, Inc. 8,428  3,954 
   PNC Financial Services Group 58,475  3,834 
   Simon Property Group, Inc. REIT 38,346  3,563 
   Capital One Financial Corp. 71,848  3,536 
   The Chubb Corp. 66,029  3,267 
   Charles Schwab Corp. 168,814  3,179 
   SunTrust Banks, Inc. 56,777  3,131 
   ACE Ltd. 56,589  3,116 
   BB&T Corp. 94,474  3,029 
   Loews Corp. 72,813  2,929 
   Lehman Brothers Holdings, Inc. 77,445  2,915 
   Freddie Mac 113,757  2,880 
   Franklin Resources Corp. 29,525  2,864 
   ProLogis REIT 44,283  2,606 
   The Principal Financial Group, Inc. 45,042  2,510 
   Lincoln National Corp. 46,297  2,407 
   Regions Financial Corp. 119,394  2,358 
   Northern Trust Corp. 33,950  2,257 
   Marsh & McLennan Cos., Inc. 89,454  2,178 
   T. Rowe Price Group Inc. 43,077  2,154 
   Ameriprise Financial, Inc. 39,887  2,068 
   Vornado Realty Trust REIT 23,460  2,022 
   Public Storage, Inc. REIT 21,932  1,944 
   Equity Residential REIT 46,691  1,937 
   Boston Properties, Inc. REIT 20,608  1,897 
   Aon Corp. 45,276  1,820 
   Progressive Corp. of Ohio 112,666  1,811 
   Fifth Third Bancorp 82,498  1,726 
   Genworth Financial Inc. 75,547  1,710 
   Invesco, Ltd. 68,701  1,674 
   Kimco Realty Corp. REIT 39,230  1,537 
   Washington Mutual, Inc. 148,088  1,525 
   KeyCorp 69,036  1,515 
   Hudson City Bancorp, Inc. 85,347  1,509 
   General Growth Properties Inc. REIT 37,850  1,445 
   Host Hotels & Resorts Inc. REIT 90,050  1,434 
   NYSE Euronext 22,881  1,412 
   Nymex Holdings Inc. 15,125  1,371 
   Unum Group 62,268  1,371 
* SLM Corp. 88,862  1,364 
   HCP, Inc. REIT 40,220  1,360 
   Moody's Corp. 37,643  1,311 
   Avalonbay Communities, Inc. REIT 13,508  1,304 
   Leucadia National Corp. 28,582  1,292 
   Legg Mason Inc. 22,702  1,271 
* IntercontinentalExchange Inc. 9,594  1,252 
   Discover Financial Services 74,279  1,216 
   Plum Creek Timber Co. Inc. REIT 29,558  1,203 
   Annaly Mortgage Management Inc. REIT 78,071  1,196 
^ American Capital Strategies, Ltd. 32,442  1,108 
   Assurant, Inc. 17,190  1,046 
   National City Corp. 103,306  1,028 
   Ventas, Inc. REIT 22,880  1,028 
   People's United Financial Inc. 59,031  1,022 
   M & T Bank Corp. 12,307  990 
   Cincinnati Financial Corp. 25,635  975 
   Everest Re Group, Ltd. 10,763  964 
   Torchmark Corp. 15,853  953 
   AMB Property Corp. REIT 16,961  923 
   Marshall & Ilsley Corp. 39,694  921 
* Nasdaq Stock Market Inc. 23,774  919 
   New York Community Bancorp, Inc. 49,860  908 
   Comerica, Inc. 25,869  907 
   XL Capital Ltd. Class A 30,571  903 
   Developers Diversified Realty Corp. REIT 21,061  882 
   The Macerich Co. REIT 12,486  877 
   Zions Bancorp 18,317  834 
   SL Green Realty Corp. REIT 10,133  826 
   Willis Group Holdings Ltd. 24,527  824 
   Axis Capital Holdings Ltd. 23,288  791 
   Regency Centers Corp. REIT 11,922  772 
* CB Richard Ellis Group, Inc. 35,473  768 
* TD Ameritrade Holding Corp. 45,926  758 
   Federal Realty Investment Trust REIT 9,717  757 
   W.R. Berkley Corp. 26,669  738 
   PartnerRe Ltd. 9,542  728 
   Safeco Corp. 16,240  713 
   White Mountains Insurance Group Inc. 1,483  712 
* Markel Corp. 1,616  711 
   Janus Capital Group Inc. 29,257  681 
   The St. Joe Co. 15,710  674 
   Fidelity National Financial, Inc. Class A 35,138  644 
   Huntington Bancshares Inc. 59,517  640 
   SEI Investments Co. 24,997  617 
   Federated Investors, Inc. 15,697  615 
   Sovereign Bancorp, Inc. 65,825  613 
* Arch Capital Group Ltd. 8,933  613 
   Eaton Vance Corp. 20,068  612 
   RenaissanceRe Holdings Ltd. 11,573  601 
   Apartment Investment & Management Co. Class A REIT 16,353  586 
   Duke Realty Corp. REIT 24,938  569 
   UDR, Inc. REIT 22,988  564 
   Associated Banc-Corp. 20,723  552 
   Hospitality Properties Trust REIT 16,058  546 
   Countrywide Financial Corp. 99,070  545 
   Popular, Inc. 45,643  532 
   Synovus Financial Corp. 44,989  498 
   Liberty Property Trust REIT 15,699  488 
   Allied Capital Corp. 26,498  488 
   Camden Property Trust REIT 9,652  485 
   Old Republic International Corp. 37,447  483 
   UnionBanCal Corp. 9,552  469 
   Protective Life Corp. 11,422  463 
   Weingarten Realty Investors REIT 13,269  457 
   First American Corp. 13,359  453 
   Commerce Bancshares, Inc. 10,720  451 
   HCC Insurance Holdings, Inc. 19,731  448 
   Astoria Financial Corp. 14,817  402 
   MBIA, Inc. 32,619  399 
   Forest City Enterprise Class A 10,726  395 
   Nationwide Financial Services, Inc. 8,289  392 
   CIT Group Inc. 32,491  385 
   Raymond James Financial, Inc. 16,458  378 
   Brown & Brown, Inc. 20,474  356 
   City National Corp. 7,097  351 
   TCF Financial Corp. 19,572  351 
   iStar Financial Inc. REIT 22,969  322 
   American Financial Group, Inc. 11,893  304 
   First Horizon National Corp. 21,662  303 
   Transatlantic Holdings, Inc. 4,565  303 
   Unitrin, Inc. 7,833  277 
   Colonial BancGroup, Inc. 24,982  241 
   TFS Financial Corp. 19,922  240 
   CapitalSource Inc. REIT 23,679  229 
   BOK Financial Corp. 4,142  216 
   Toronto Dominion Bank 3,508  215 
   Bear Stearns Co., Inc. 18,814  197 
   Student Loan Corp. 705  70 

        363,959 

   Health Care (11.8%)
   Johnson & Johnson 491,015  31,852 
   Pfizer Inc. 1,171,695  24,524 
   Abbott Laboratories 265,120  14,621 
   Merck & Co., Inc. 373,405  14,171 
   Wyeth 229,915  9,601 
   Medtronic, Inc. 195,142  9,439 
   Eli Lilly & Co. 175,218  9,039 
* Gilead Sciences, Inc. 159,711  8,230 
* Amgen, Inc. 186,615  7,797 
   UnitedHealth Group Inc. 221,690  7,617 
   Bristol-Myers Squibb Co. 339,495  7,231 
* Genentech, Inc. 81,314  6,601 
   Baxter International, Inc. 108,775  6,289 
* Celgene Corp. 73,713  4,518 
* WellPoint Inc. 98,087  4,329 
* Thermo Fisher Scientific, Inc. 72,155  4,101 
* Medco Health Solutions, Inc. 91,926  4,025 
   Schering-Plough Corp. 278,045  4,007 
   Covidien Ltd. 85,147  3,768 
   Aetna Inc. 85,987  3,619 
   Becton, Dickinson & Co. 41,936  3,600 
* Genzyme Corp. 45,678  3,405 
   Cardinal Health, Inc. 62,127  3,262 
   Stryker Corp. 49,419  3,215 
* Zimmer Holdings, Inc. 40,366  3,143 
* Biogen Idec Inc. 50,433  3,111 
   Allergan, Inc. 52,747  2,974 
* Boston Scientific Corp. 230,468  2,966 
   McKesson Corp. 49,746  2,605 
* St. Jude Medical, Inc. 58,898  2,544 
* Express Scripts Inc. 36,844  2,370 
* Forest Laboratories, Inc. 53,707  2,149 
* Intuitive Surgical, Inc. 6,584  2,136 
   CIGNA Corp. 48,044  1,949 
   C.R. Bard, Inc. 17,513  1,688 
* Laboratory Corp. of America Holdings 19,738  1,454 
* Humana Inc. 29,071  1,304 
   Quest Diagnostics, Inc. 28,451  1,288 
* Hologic, Inc. 21,660  1,204 
   AmerisourceBergen Corp. 28,764  1,179 
* Hospira, Inc. 27,007  1,155 
* Coventry Health Care Inc. 26,541  1,071 
* Varian Medical Systems, Inc. 21,488  1,006 
* Waters Corp. 17,199  958 
   DENTSPLY International Inc. 24,641  951 
   Applera Corp.-Applied Biosystems Group 28,815  947 
* Covance, Inc. 10,983  911 
* Henry Schein, Inc. 15,352  881 
* DaVita, Inc. 18,277  873 
* Millennium Pharmaceuticals, Inc. 55,267  854 
* Barr Pharmaceuticals Inc. 17,579  849 
   Pharmaceutical Product Development, Inc. 18,335  768 
* Cephalon, Inc. 11,553  744 
   IMS Health, Inc. 33,283  699 
   Beckman Coulter, Inc. 10,824  699 
* Patterson Cos. 19,205  697 
* Invitrogen Corp. 8,024  686 
* Charles River Laboratories, Inc. 11,630  685 
* Amylin Pharmaceuticals, Inc. 23,076  674 
* Millipore Corp. 9,360  631 
^ Mylan Inc. 51,781  601 
* Health Net Inc. 18,866  581 
* Community Health Systems, Inc. 16,424  551 
* Endo Pharmaceuticals Holdings, Inc. 22,997  551 
   Hillenbrand Industries, Inc. 10,091  482 
* ImClone Systems, Inc. 10,405  441 
* Cerner Corp. 11,711  437 
* Kinetic Concepts, Inc. 9,276  429 
* Lincare Holdings, Inc. 13,791  388 
   Omnicare, Inc. 20,974  381 
* King Pharmaceuticals, Inc. 41,862  364 
* Warner Chilcott Ltd. 17,170  309 
* WellCare Health Plans Inc. 6,104  238 
* Vertex Pharmaceuticals, Inc. 9,364  224 
   Brookdale Senior Living Inc. 6,395  153 
* Sepracor Inc. 7,795  152 

        255,946 

   Industrials (12.0%)
   General Electric Co. 1,733,767  64,167 
   United Technologies Corp. 161,229  11,096 
   The Boeing Co. 126,331  9,395 
   3M Co. 116,380  9,211 
   United Parcel Service, Inc. 118,135  8,626 
   Caterpillar, Inc. 109,195  8,549 
   Emerson Electric Co. 135,118  6,953 
   Honeywell International Inc. 121,718  6,867 
   Deere & Co. 75,604  6,082 
   Lockheed Martin Corp. 60,204  5,978 
   Burlington Northern Santa Fe Corp. 60,167  5,549 
   Union Pacific Corp. 42,822  5,369 
   General Dynamics Corp. 58,788  4,901 
   Raytheon Co. 73,723  4,763 
   FedEx Corp. 50,469  4,677 
   Northrop Grumman Corp. 55,245  4,299 
   CSX Corp. 72,204  4,048 
   Illinois Tool Works, Inc. 79,476  3,833 
   Tyco International, Ltd. 85,147  3,751 
   Norfolk Southern Corp. 66,535  3,614 
   Danaher Corp. 43,503  3,308 
   Waste Management, Inc. 87,418  2,934 
   PACCAR, Inc. 60,183  2,708 
   Precision Castparts Corp. 23,767  2,426 
   Textron, Inc. 42,861  2,375 
   L-3 Communications Holdings, Inc. 21,586  2,360 
   Fluor Corp. 15,169  2,141 
* McDermott International, Inc. 38,721  2,123 
   Ingersoll-Rand Co. 46,910  2,091 
   Parker Hannifin Corp. 28,981  2,008 
   Eaton Corp. 25,018  1,993 
   Expeditors International of Washington, Inc. 36,758  1,661 
   Rockwell Collins, Inc. 27,924  1,596 
   Southwest Airlines Co. 126,480  1,568 
   Cummins Inc. 33,495  1,568 
* First Solar, Inc. 6,673  1,542 
   ITT Industries, Inc. 29,527  1,530 
* Jacobs Engineering Group Inc. 20,714  1,524 
   C.H. Robinson Worldwide Inc. 27,776  1,511 
   Trane, Inc. 31,406  1,442 
   Dover Corp. 34,085  1,424 
   Rockwell Automation, Inc. 24,307  1,396 
* Foster Wheeler Ltd. 24,628  1,394 
   Pitney Bowes, Inc. 37,458  1,312 
   Masco Corp. 63,755  1,264 
   Cooper Industries, Inc. Class A 31,122  1,250 
   Joy Global Inc. 18,553  1,209 
   Goodrich Corp. 20,507  1,179 
   R.R. Donnelley & Sons Co. 37,112  1,125 
* Terex Corp. 17,768  1,111 
   Flowserve Corp. 9,855  1,029 
   Fastenal Co. 21,752  999 
   Republic Services, Inc. Class A 32,381  947 
   SPX Corp. 9,019  946 
* AGCO Corp. 15,707  941 
   The Manitowoc Co., Inc. 22,285  909 
   Roper Industries Inc. 15,266  907 
   W.W. Grainger, Inc. 11,586  885 
   Avery Dennison Corp. 16,438  810 
   Ametek, Inc. 18,437  810 
   The Dun & Bradstreet Corp. 9,932  808 
   KBR Inc. 29,006  804 
   Harsco Corp. 14,428  799 
   Manpower Inc. 13,870  780 
   Equifax, Inc. 22,557  778 
* Stericycle, Inc. 14,877  766 
   Pall Corp. 21,048  738 
   Cintas Corp. 24,469  698 
* Quanta Services, Inc. 29,127  675 
   Robert Half International, Inc. 26,172  674 
* Shaw Group, Inc. 13,913  656 
* Allied Waste Industries, Inc. 57,218  619 
* ChoicePoint Inc. 12,385  590 
   Pentair, Inc. 16,179  516 
   J.B. Hunt Transport Services, Inc. 15,513  488 
* Monster Worldwide Inc. 20,014  485 
* SunPower Corp. Class A 6,485  483 
*^ USG Corp. 12,762  470 
   Oshkosh Truck Corp. 12,720  461 
   UAL Corp. 19,894  428 
* Delta Air Lines Inc. 46,118  397 
* Spirit Aerosystems Holdings Inc. 17,545  389 
* Hertz Global Holdings Inc. 24,825  299 
   The Corporate Executive Board Co. 6,260  253 
* Owens Corning Inc. 13,504  245 
* AMR Corp. 20,343  184 

        258,467 

   Information Technology (15.8%)
   Microsoft Corp. 1,444,413  40,992 
   International Business Machines Corp. 236,434  27,223 
* Cisco Systems, Inc. 1,041,456  25,089 
* Apple Inc. 150,199  21,554 
   Intel Corp. 1,003,114  21,246 
   Hewlett-Packard Co. 442,274  20,194 
* Google Inc. 40,408  17,799 
* Oracle Corp. 702,931  13,749 
   QUALCOMM Inc. 280,815  11,513 
* Dell Inc. 364,457  7,260 
   Texas Instruments, Inc. 239,897  6,782 
   Corning, Inc. 270,451  6,502 
* Yahoo! Inc. 206,372  5,970 
* eBay Inc. 185,858  5,546 
* EMC Corp. 360,063  5,163 
   Applied Materials, Inc. 236,634  4,617 
   Automatic Data Processing, Inc. 90,387  3,832 
   Motorola, Inc. 392,400  3,649 
   Accenture Ltd. 103,251  3,631 
* Adobe Systems, Inc. 98,576  3,508 
   Tyco Electronics Ltd. 85,566  2,937 
* MEMC Electronic Materials, Inc. 39,381  2,792 
   Western Union Co. 128,966  2,743 
   MasterCard, Inc. Class A 12,292  2,741 
* Electronic Arts Inc. 54,206  2,706 
* Symantec Corp. 148,943  2,475 
* Sun Microsystems, Inc. 157,585  2,447 
   Xerox Corp. 158,977  2,380 
* Juniper Networks, Inc. 85,259  2,131 
   Paychex, Inc. 58,163  1,993 
* Agilent Technologies, Inc. 66,594  1,986 
   Seagate Technology 91,539  1,917 
* NVIDIA Corp. 90,905  1,799 
   CA, Inc. 71,109  1,600 
* Broadcom Corp. 81,131  1,563 
   Analog Devices, Inc. 52,333  1,545 
* Intuit, Inc. 54,460  1,471 
   Electronic Data Systems Corp. 88,218  1,469 
* Cognizant Technology Solutions Corp. 50,103  1,444 
* Activision, Inc. 50,265  1,373 
* Flextronics International Ltd. 143,497  1,347 
* BEA Systems, Inc. 68,758  1,317 
* Fiserv, Inc. 26,990  1,298 
   Fidelity National Information Services, Inc. 33,234  1,268 
* VeriSign, Inc. 38,113  1,267 
* Autodesk, Inc. 39,693  1,250 
* NetApp, Inc. 61,399  1,231 
* Computer Sciences Corp. 29,847  1,217 
   Xilinx, Inc. 50,823  1,207 
   Microchip Technology, Inc. 36,690  1,201 
   Linear Technology Corp. 38,283  1,175 
   KLA-Tencor Corp. 31,220  1,158 
* NAVTEQ Corp. 16,895  1,149 
   Amphenol Corp. 30,824  1,148 
   Harris Corp. 23,494  1,140 
* BMC Software, Inc. 33,808  1,099 
   Altera Corp. 57,530  1,060 
* Western Digital Corp. 37,713  1,020 
* Citrix Systems, Inc. 32,476  953 
* Marvell Technology Group Ltd. 86,862  945 
* salesforce.com, inc. 16,178  936 
* McAfee Inc. 27,367  906 
* SanDisk Corp. 39,254  886 
* Iron Mountain, Inc. 32,637  863 
* Avnet, Inc. 25,723  842 
   National Semiconductor Corp. 45,222  828 
* LAM Research Corp. 21,340  816 
* Affiliated Computer Services, Inc. Class A 16,066  805 
* Micron Technology, Inc. 131,602  786 
* Akamai Technologies, Inc. 27,020  761 
* Arrow Electronics, Inc. 21,076  709 
* NCR Corp. 31,032  708 
* Teradata Corp. 31,006  684 
   Total System Services, Inc. 28,773  681 
* Hewitt Associates, Inc. 16,512  657 
* Cypress Semiconductor Corp. 27,313  645 
* Alliance Data Systems Corp. 13,483  641 
* Advanced Micro Devices, Inc. 103,303  609 
* LSI Corp. 121,110  599 
* Trimble Navigation Ltd. 20,797  595 
* Red Hat, Inc. 31,522  580 
   Intersil Corp. 22,433  576 
* DST Systems, Inc. 8,556  562 
* Lexmark International, Inc. 16,283  500 
* JDS Uniphase Corp. 36,586  490 
* Ingram Micro, Inc. Class A 26,623  421 
* Novellus Systems, Inc. 19,984  421 
* Teradyne, Inc. 29,896  371 
* Dolby Laboratories Inc. 8,515  309 
   Jabil Circuit, Inc. 32,035  303 
* Cadence Design Systems, Inc. 28,017  299 
   Molex, Inc. Class A 13,451  294 
   Molex, Inc. 11,014  255 
* Tellabs, Inc. 33,301  181 
   AVX Corp. 9,191  118 

        341,418 

   Materials (3.8%)
   Monsanto Co. 93,732  10,451 
   E.I. du Pont de Nemours & Co. 154,308  7,215 
   Freeport-McMoRan Copper & Gold, Inc. Class B 65,547  6,307 
   Dow Chemical Co. 162,088  5,973 
   Alcoa Inc. 145,573  5,249 
   Praxair, Inc. 54,257  4,570 
   Air Products & Chemicals, Inc. 37,013  3,405 
   Newmont Mining Corp. (Holding Co.) 74,421  3,371 
   Nucor Corp. 49,432  3,349 
* The Mosaic Co. 26,576  2,727 
   United States Steel Corp. 20,281  2,573 
   Weyerhaeuser Co. 36,088  2,347 
   International Paper Co. 70,029  1,905 
   PPG Industries, Inc. 28,207  1,707 
* Owens-Illinois, Inc. 26,874  1,517 
   Ecolab, Inc. 31,651  1,375 
   Sigma-Aldrich Corp. 22,292  1,330 
   Vulcan Materials Co. 18,503  1,229 
   Rohm & Haas Co. 21,823  1,180 
   Allegheny Technologies Inc. 15,803  1,128 
   AK Steel Holding Corp. 19,132  1,041 
   Steel Dynamics, Inc. 28,214  932 
   Celanese Corp. Series A 23,317  911 
   CF Industries Holdings, Inc. 8,649  896 
   Eastman Chemical Co. 13,996  874 
   MeadWestvaco Corp. 31,687  863 
   Martin Marietta Materials, Inc. 7,223  767 
   Ball Corp. 15,551  714 
   Sealed Air Corp. 27,634  698 
* Crown Holdings, Inc. 27,404  689 
   Lubrizol Corp. 11,737  652 
   Huntsman Corp. 26,593  626 
* Domtar Corp. 88,331  603 
* Pactiv Corp. 22,404  587 
   International Flavors & Fragrances, Inc. 12,530  552 
   Albemarle Corp. 13,977  511 
   Sonoco Products Co. 16,289  466 
   Ashland, Inc. 9,762  462 
   Bemis Co., Inc. 17,235  438 
* Smurfit-Stone Container Corp. 43,792  337 
   Titanium Metals Corp. 739  11 

        82,538 

   Telecommunication Services (3.4%)
   AT&T Inc. 1,040,452  39,849 
   Verizon Communications Inc. 495,831  18,073 
   Sprint Nextel Corp. 475,243  3,179 
* American Tower Corp. Class A 69,564  2,728 
* Crown Castle International Corp. 46,686  1,610 
   Qwest Communications International Inc. 264,549  1,198 
   Embarq Corp. 26,178  1,050 
   Windstream Corp. 82,513  986 
* NII Holdings Inc. 23,390  743 
   CenturyTel, Inc. 18,032  599 
   Citizens Communications Co. 56,580  594 
* Metropcs Communications Inc. 29,722  505 
* Leap Wireless International, Inc. 9,395  438 
   Telephone & Data Systems, Inc. 9,104  358 
   Telephone & Data Systems, Inc. - Special Common Shares 9,079  339 
*^ Level 3 Communications, Inc. 148,671  315 
* U.S. Cellular Corp. 2,944  162 

        72,726 

   Utilities (3.8%)
   Exelon Corp. 113,171  9,197 
   Southern Co. 130,310  4,640 
   FPL Group, Inc. 66,460  4,170 
   Dominion Resources, Inc. 100,032  4,085 
   Duke Energy Corp. 216,719  3,868 
   Entergy Corp. 33,409  3,644 
   FirstEnergy Corp. 52,341  3,592 
   Public Service Enterprise Group, Inc. 87,325  3,510 
   PPL Corp. 64,020  2,940 
   American Electric Power Co., Inc. 68,814  2,865 
   Constellation Energy Group, Inc. 31,086  2,744 
   Edison International 53,201  2,608 
   PG&E Corp. 61,936  2,280 
   Sempra Energy 42,707  2,275 
* AES Corp. 115,109  1,919 
   Consolidated Edison Inc. 46,746  1,856 
   Progress Energy, Inc. 42,436  1,770 
   Questar Corp. 29,652  1,677 
* Mirant Corp. 44,109  1,605 
   Ameren Corp. 35,884  1,580 
* NRG Energy, Inc. 39,130  1,526 
   Allegheny Energy, Inc. 28,655  1,447 
   Xcel Energy, Inc. 72,365  1,444 
* Reliant Energy, Inc. 58,992  1,395 
   Equitable Resources, Inc. 19,980  1,177 
   DTE Energy Co. 28,080  1,092 
   Wisconsin Energy Corp. 20,058  882 
   Pepco Holdings, Inc. 33,165  820 
   NiSource, Inc. 47,503  819 
   ONEOK, Inc. 16,902  754 
   CenterPoint Energy Inc. 52,274  746 
   Energen Corp. 11,742  732 
   SCANA Corp. 19,037  696 
   MDU Resources Group, Inc. 28,086  690 
* Dynegy, Inc. 85,577  675 
   Alliant Energy Corp. 18,917  662 
   Energy East Corp. 27,128  654 
   Northeast Utilities 26,596  653 
   Integrys Energy Group, Inc. 13,098  611 
   Pinnacle West Capital Corp. 17,201  603 
   TECO Energy, Inc. 36,090  576 
   NSTAR 18,342  558 
   DPL Inc. 19,432  498 

        82,535 

   Other (0.0%)
1 Miscellaneous Securities    673 




   Total Common Stocks
   (Cost $2,249,641) 2,160,730 



   Temporary Cash Investments (0.3%)



   Money Market Fund (0.3%)
2 Vanguard Market Liquidity Fund, 2.800% 5,949,973  5,950 
    
Face
     Amount
     ($000)

   U.S. Agency Obligations (0.0%)
3 Federal Home Loan Mortgage Corp.
4 3.607%, 4/7/08 200  200 
3 Federal Home Loan Bank
4 2.738%, 5/16/08 200  199 



   Total Temporary Cash Investments
   (Cost $6,349)    6,349 



   Total Investments (100.1%)
   (Cost $2,255,990)    2,167,079 



   Other Assets and Liabilities-Net (-0.1%)    (3,067)



   Net Assets (100%)    2,164,012 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Securities representing up to 5% of the market value of unaffiliated securities are permitted to be combined and reported as "miscellaneous securities" provided that they have been held for less than one year and not previously reported by name.
2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
3 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
4 Securities with a value of $399,000 have been segregated as initial margin for open futures contracts.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

At March 31, 2008, the cost of investment securities for tax purposes was $2,255,990,000. Net unrealized depreciation of investment securities for tax purposes was $88,911,000, consisting of unrealized gains of $133,151,000 on securities that had risen in value since their purchase and $222,062,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 100.0% and 0.1%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At March 31, 2008, the aggregate settlement value of open futures contracts expiring in June 2008 and the related unrealized appreciation (depreciation) were:


($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

S&P 500 Index 1,986  13 
E-mini S&P 500 Index 10  662  26 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities.
Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table sumamrizes the inputs used to value the fund's net assets as of March 31, 2008:


Valuation Inputs Investments
in Securities
($000)
Futures
Contracts
($000)

Level 1- Quoted Prices 2,166,680  39 

Level 2- Other Significant Observable Inputs 399 

Level 3- Significant Unobservable Inputs

  Total 2,167,079  39 


Vanguard Mid Cap Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (99.9%)    



   Consumer Discretionary (13.6%)
* GameStop Corp. Class A 1,297,932  67,116 
   Mattel, Inc. 3,286,613  65,404 
   VF Corp. 788,777  61,138 
   H & R Block, Inc. 2,927,711  60,779 
   Genuine Parts Co. 1,504,290  60,503 
   Whirlpool Corp. 692,503  60,095 
   Newell Rubbermaid, Inc. 2,502,353  57,229 
   Tim Hortons, Inc. 1,677,904  57,133 
   Wynn Resorts Ltd. 563,329  56,693 
   Abercrombie & Fitch Co. 771,026  56,393 
* Apollo Group, Inc. Class A 1,266,580  54,716 
   Nordstrom, Inc. 1,663,460  54,229 
* Discovery Holding Co. Class A 2,411,452  51,171 
   Tiffany & Co. 1,215,296  50,848 
   Sherwin-Williams Co. 956,680  48,829 
* AutoZone Inc. 407,206  46,352 
   Eastman Kodak Co. 2,580,061  45,590 
   BorgWarner, Inc. 1,039,028  44,709 
* Cablevision Systems NY Group Class A 2,068,631  44,331 
* The Goodyear Tire & Rubber Co. 1,702,557  43,926 
^ Royal Caribbean Cruises, Ltd. 1,236,686  40,687 
   D. R. Horton, Inc. 2,539,626  39,999 
   Darden Restaurants Inc. 1,207,135  39,292 
* Expedia, Inc. 1,739,721  38,083 
*^ CarMax, Inc. 1,952,658  37,921 
   Black & Decker Corp. 560,289  37,035 
   Ross Stores, Inc. 1,228,516  36,806 
* IAC/InterActiveCorp 1,733,979  35,997 
*^ Sirius Satellite Radio, Inc. 12,504,509  35,763 
* Interpublic Group of Cos., Inc. 4,221,096  35,499 
   Virgin Media Inc. 2,492,001  35,062 
*^ Mohawk Industries, Inc. 489,594  35,060 
   Hasbro, Inc. 1,251,191  34,908 
   Autoliv, Inc. 679,927  34,132 
   Washington Post Co. Class B 51,495  34,064 
   E.W. Scripps Co. Class A 791,829  33,265 
   Wyndham Worldwide Corp. 1,593,306  32,950 
* XM Satellite Radio Holdings, Inc. 2,814,219  32,701 
* Urban Outfitters, Inc. 1,040,180  32,610 
   The Stanley Works 662,720  31,559 
   Advance Auto Parts, Inc. 904,247  30,790 
   Polo Ralph Lauren Corp. 521,656  30,407 
   American Eagle Outfitters, Inc. 1,732,893  30,343 
* Penn National Gaming, Inc. 659,659  28,847 
   Pulte Homes, Inc. 1,949,889  28,371 
* Toll Brothers, Inc. 1,193,721  28,029 
* O'Reilly Automotive, Inc. 979,490  27,935 
* Office Depot, Inc. 2,444,005  27,006 
   Centex Corp. 1,088,667  26,357 
   WABCO Holdings Inc. 545,785  24,899 
*^ Lamar Advertising Co. Class A 672,868  24,176 
   PetSmart, Inc. 1,152,756  23,562 
* Dollar Tree,Inc. 852,845  23,530 
   Family Dollar Stores, Inc. 1,195,743  23,317 
   Leggett & Platt, Inc. 1,524,147  23,243 
^ New York Times Co. Class A 1,216,759  22,972 
   Harman International Industries, Inc. 514,752  22,412 
* NVR, Inc. 36,805  21,991 
   Lennar Corp. Class A 1,091,692  20,535 
^ Williams-Sonoma, Inc. 826,692  20,039 
* AutoNation, Inc. 1,236,238  18,506 
   RadioShack Corp. 1,115,835  18,132 
   Wendy's International, Inc. 783,089  18,058 
   Brinker International, Inc. 943,284  17,498 
   Guess ?, Inc. 422,066  17,081 
   KB Home 682,121  16,869 
* ITT Educational Services, Inc. 355,801  16,342 
   Foot Locker, Inc. 1,382,997  16,278 
   Liz Claiborne, Inc. 891,420  16,179 
   Weight Watchers International, Inc. 284,144  13,164 
*^ Crocs, Inc. 701,008  12,247 
*^ Career Education Corp. 814,977  10,367 
   Boyd Gaming Corp. 510,426  10,209 
* CTC Media, Inc. 339,747  9,428 
   Idearc Inc. 1,314,060  4,783 
* R.H. Donnelley Corp. 638,038  3,228 
   Lennar Corp. Class B 63,528  1,096 

        2,528,803 

   Consumer Staples (4.6%)
   Bunge Ltd. 1,083,590  94,142 
   UST, Inc. 1,403,506  76,519 
   The Clorox Co. 1,240,895  70,284 
   Molson Coors Brewing Co. Class B 1,168,041  61,404 
   Coca-Cola Enterprises, Inc. 2,390,238  57,844 
   SuperValu Inc. 1,894,062  56,784 
   The Estee Lauder Cos. Inc. Class A 968,480  44,405 
* Energizer Holdings, Inc. 488,440  44,194 
^ Whole Foods Market, Inc. 1,248,507  41,163 
   The Pepsi Bottling Group, Inc. 1,202,472  40,776 
   Tyson Foods, Inc. 2,430,925  38,773 
   McCormick & Co., Inc. 1,028,225  38,013 
   Brown-Forman Corp. Class B 478,420  31,681 
* Constellation Brands, Inc. Class A 1,717,691  30,352 
   Hormel Foods Corp. 672,798  28,029 
   Dean Foods Co. 1,356,039  27,243 
* Smithfield Foods, Inc. 1,022,357  26,336 
*^ Hansen Natural Corp. 620,084  21,889 
   PepsiAmericas, Inc. 583,296  14,892 
*^ Bare Escentuals, Inc. 489,323  11,460 

        856,183 

   Energy (11.0%)
   Murphy Oil Corp. 1,610,778  132,309 
   Noble Corp. 2,410,363  119,723 
   Smith International, Inc. 1,794,726  115,275 
   CONSOL Energy, Inc. 1,625,670  112,480 
   Noble Energy, Inc. 1,536,033  111,823 
* Ultra Petroleum Corp. 1,365,279  105,809 
   El Paso Corp. 6,276,363  104,439 
* Southwestern Energy Co. 3,053,916  102,886 
* Nabors Industries, Inc. 2,536,274  85,650 
   Range Resources Corp. 1,336,677  84,812 
* Cameron International Corp. 1,959,420  81,590 
   ENSCO International, Inc. 1,297,901  81,275 
   BJ Services Co. 2,623,442  74,794 
* FMC Technologies Inc. 1,165,495  66,305 
* Denbury Resources, Inc. 2,188,526  62,482 
* Newfield Exploration Co. 1,172,825  61,984 
* Grant Prideco, Inc. 1,138,037  56,014 
   Arch Coal, Inc. 1,282,020  55,768 
   Sunoco, Inc. 1,053,520  55,278 
* Plains Exploration & Production Co. 1,010,334  53,689 
   Pioneer Natural Resources Co. 1,070,500  52,583 
* Pride International, Inc. 1,495,447  52,266 
   Rowan Cos., Inc. 997,124  41,062 
   Cimarex Energy Co. 739,106  40,459 
   Tesoro Corp. 1,227,284  36,819 
   Patterson-UTI Energy, Inc. 1,388,275  36,345 
* Exterran Holdings, Inc. 559,473  36,108 
   Frontier Oil Corp. 944,175  25,738 
* CNX Gas Corp. 270,123  8,720 

        2,054,485 

   Financials (17.5%)
   T. Rowe Price Group Inc. 2,247,461  112,373 
   Boston Properties, Inc. REIT 1,068,575  98,384 
   Kimco Realty Corp. REIT 2,037,642  79,814 
   Hudson City Bancorp, Inc. 4,429,470  78,313 
   Host Hotels & Resorts Inc. REIT 4,680,244  74,509 
   Nymex Holdings Inc. 790,530  71,646 
   Unum Group 3,232,405  71,145 
   HCP, Inc. REIT 2,100,083  71,004 
   Avalonbay Communities, Inc. REIT 705,626  68,107 
   Leucadia National Corp. 1,495,068  67,607 
* IntercontinentalExchange Inc. 498,638  65,072 
   Plum Creek Timber Co. Inc. REIT 1,543,505  62,821 
   Annaly Mortgage Management Inc. REIT 4,056,898  62,152 
^ American Capital Strategies, Ltd. 1,681,938  57,455 
   Assurant, Inc. 898,010  54,653 
   Ventas, Inc. REIT 1,195,989  53,712 
   People's United Financial Inc. 3,087,442  53,444 
   Cincinnati Financial Corp. 1,338,551  50,918 
   Everest Re Group, Ltd. 563,260  50,429 
   Torchmark Corp. 825,859  49,642 
   AMB Property Corp. REIT 887,296  48,287 
* Nasdaq Stock Market Inc. 1,241,169  47,984 
   New York Community Bancorp, Inc. 2,609,371  47,543 
   Comerica, Inc. 1,353,059  47,465 
   Developers Diversified Realty Corp. REIT 1,100,740  46,099 
   The Macerich Co. REIT 649,798  45,661 
   Zions Bancorp 958,550  43,662 
   SL Green Realty Corp. REIT 530,719  43,238 
   Willis Group Holdings Ltd. 1,280,316  43,031 
   Axis Capital Holdings Ltd. 1,219,810  41,449 
   Regency Centers Corp. REIT 623,774  40,396 
* CB Richard Ellis Group, Inc. 1,855,686  40,157 
* TD Ameritrade Holding Corp. 2,400,358  39,630 
   Federal Realty Investment Trust REIT 507,110  39,529 
   W.R. Berkley Corp. 1,394,401  38,611 
   PartnerRe Ltd. 497,845  37,986 
* Markel Corp. 84,755  37,290 
   White Mountains Insurance Group Inc. 77,660  37,277 
   Safeco Corp. 846,728  37,154 
   Janus Capital Group Inc. 1,526,500  35,522 
^ The St. Joe Co. 822,040  35,290 
   Fidelity National Financial, Inc. Class A 1,835,814  33,650 
   Huntington Bancshares Inc. 3,112,914  33,464 
   SEI Investments Co. 1,305,286  32,228 
   Federated Investors, Inc. 819,885  32,107 
   Sovereign Bancorp, Inc. 3,442,700  32,086 
   Eaton Vance Corp. 1,045,736  31,905 
* Arch Capital Group Ltd. 463,254  31,812 
   RenaissanceRe Holdings Ltd. 603,097  31,307 
   Apartment Investment & Management Co. Class A REIT 855,959  30,652 
   Duke Realty Corp. REIT 1,303,810  29,740 
   UDR, Inc. REIT 1,201,552  29,462 
   Associated Banc-Corp. 1,081,615  28,803 
   Hospitality Properties Trust REIT 840,789  28,604 
^ Countrywide Financial Corp. 5,184,889  28,517 
^ Popular, Inc. 2,385,715  27,817 
   Synovus Financial Corp. 2,353,057  26,025 
   Liberty Property Trust REIT 820,121  25,514 
^ Allied Capital Corp. 1,383,872  25,505 
   Old Republic International Corp. 1,961,149  25,318 
   Camden Property Trust REIT 497,737  24,986 
   UnionBanCal Corp. 496,535  24,370 
   Protective Life Corp. 597,091  24,218 
   First American Corp. 698,112  23,694 
   Weingarten Realty Investors REIT 685,746  23,617 
   HCC Insurance Holdings, Inc. 1,029,485  23,359 
   Commerce Bancshares, Inc. 549,072  23,077 
   Astoria Financial Corp. 774,442  21,034 
^ MBIA, Inc. 1,704,553  20,830 
   Forest City Enterprise Class A 560,627  20,631 
   CIT Group Inc. 1,699,077  20,134 
   Nationwide Financial Services, Inc. 423,554  20,026 
   Raymond James Financial, Inc. 860,574  19,776 
   Brown & Brown, Inc. 1,071,664  18,626 
   TCF Financial Corp. 1,021,567  18,306 
   City National Corp. 366,471  18,126 
   iStar Financial Inc. REIT 1,199,905  16,835 
   American Financial Group, Inc. 620,528  15,861 
^ First Horizon National Corp. 1,131,319  15,850 
   Transatlantic Holdings, Inc. 237,157  15,735 
   Unitrin, Inc. 405,728  14,338 
^ Colonial BancGroup, Inc. 1,302,589  12,544 
   TFS Financial Corp. 1,040,782  12,521 
   CapitalSource Inc. REIT 1,234,526  11,938 
   BOK Financial Corp. 210,249  10,981 
   Student Loan Corp. 35,879  3,548 
   Toronto Dominion Bank 1,867  115 

        3,266,053 

   Health Care (9.4%)
* Intuitive Surgical, Inc. 342,135  110,971 
   C.R. Bard, Inc. 912,918  88,005 
* Laboratory Corp. of America Holdings 1,032,101  76,045 
* Humana Inc. 1,518,044  68,099 
   Quest Diagnostics, Inc. 1,474,344  66,744 
* Hologic, Inc. 1,122,997  62,439 
   AmerisourceBergen Corp. 1,504,835  61,668 
* Hospira, Inc. 1,411,647  60,376 
* Coventry Health Care Inc. 1,387,661  55,992 
* Varian Medical Systems, Inc. 1,120,954  52,505 
* Waters Corp. 899,773  50,117 
   DENTSPLY International Inc. 1,289,092  49,759 
   Applera Corp.-Applied Biosystems Group 1,506,869  49,516 
* Covance, Inc. 571,776  47,440 
* Henry Schein, Inc. 802,275  46,051 
* DaVita, Inc. 955,960  45,657 
* Millennium Pharmaceuticals, Inc. 2,892,695  44,721 
* Barr Pharmaceuticals Inc. 917,136  44,307 
   Pharmaceutical Product Development, Inc. 958,742  40,171 
* Cephalon, Inc. 600,458  38,669 
   IMS Health, Inc. 1,737,199  36,499 
* Patterson Cos. 1,003,136  36,414 
   Beckman Coulter, Inc. 562,017  36,278 
* Charles River Laboratories, Inc. 608,539  35,867 
* Invitrogen Corp. 417,251  35,662 
*^ Amylin Pharmaceuticals, Inc. 1,207,193  35,262 
* Millipore Corp. 488,731  32,945 
^ Mylan Inc. 2,707,829  31,411 
* Health Net Inc. 987,458  30,414 
* Community Health Systems, Inc. 856,564  28,755 
* Endo Pharmaceuticals Holdings, Inc. 1,200,970  28,751 
* Vertex Pharmaceuticals, Inc. 1,185,432  28,320 
   Hillenbrand Industries, Inc. 527,457  25,212 
* ImClone Systems, Inc. 541,000  22,949 
* Cerner Corp. 609,003  22,704 
* Kinetic Concepts, Inc. 484,195  22,384 
* Lincare Holdings, Inc. 718,312  20,192 
   Omnicare, Inc. 1,090,550  19,804 
* Sepracor Inc. 1,000,919  19,538 
* King Pharmaceuticals, Inc. 2,190,150  19,054 
* Warner Chilcott Ltd. 898,066  16,165 
* WellCare Health Plans Inc. 317,293  12,359 
   Brookdale Senior Living Inc. 318,305  7,607 

        1,763,798 

   Industrials (15.7%)
   L-3 Communications Holdings, Inc. 1,126,777  123,202 
   Fluor Corp. 792,206  111,828 
* McDermott International, Inc. 2,017,276  110,587 
   Parker Hannifin Corp. 1,507,160  104,401 
   Expeditors International of Washington, Inc. 1,909,466  86,270 
   Rockwell Collins, Inc. 1,459,609  83,417 
   Cummins Inc. 1,738,473  81,395 
* First Solar, Inc. 349,212  80,717 
   ITT Industries, Inc. 1,543,174  79,952 
* Jacobs Engineering Group Inc. 1,082,527  79,663 
   C.H. Robinson Worldwide Inc. 1,444,351  78,573 
   Trane, Inc. 1,627,610  74,707 
   Dover Corp. 1,780,352  74,383 
   Rockwell Automation, Inc. 1,270,144  72,932 
* Foster Wheeler Ltd. 1,287,598  72,904 
   Pitney Bowes, Inc. 1,943,145  68,049 
   Cooper Industries, Inc. Class A 1,613,316  64,775 
   Joy Global Inc. 968,050  63,078 
   Goodrich Corp. 1,063,265  61,148 
   R.R. Donnelley & Sons Co. 1,922,643  58,275 
* Terex Corp. 919,304  57,457 
   Flowserve Corp. 511,742  53,416 
   Fastenal Co. 1,134,738  52,119 
   SPX Corp. 469,494  49,250 
* AGCO Corp. 820,592  49,137 
   Republic Services, Inc. Class A 1,674,240  48,955 
   The Manitowoc Co., Inc. 1,163,166  47,457 
   Roper Industries Inc. 794,425  47,221 
   W.W. Grainger, Inc. 603,528  46,104 
   The Dun & Bradstreet Corp. 519,392  42,268 
   Avery Dennison Corp. 858,216  42,267 
   Ametek, Inc. 961,216  42,207 
   KBR Inc. 1,517,910  42,092 
   Harsco Corp. 754,497  41,784 
   Manpower Inc. 725,563  40,820 
   Equifax, Inc. 1,181,258  40,730 
* Stericycle, Inc. 778,628  40,099 
   Pall Corp. 1,098,410  38,521 
   Cintas Corp. 1,281,022  36,560 
* Quanta Services, Inc. 1,523,778  35,306 
   Robert Half International, Inc. 1,370,226  35,270 
* Shaw Group, Inc. 726,780  34,260 
* Allied Waste Industries, Inc. 2,991,619  32,339 
* ChoicePoint Inc. 640,648  30,495 
   Pentair, Inc. 846,204  26,994 
* Monster Worldwide Inc. 1,048,301  25,379 
   J.B. Hunt Transport Services, Inc. 795,776  25,011 
*^ SunPower Corp. Class A 334,360  24,913 
*^ USG Corp. 665,219  24,493 
   Oshkosh Truck Corp. 664,976  24,125 
   UAL Corp. 1,041,821  22,430 
* Delta Air Lines Inc. 2,411,239  20,737 
* Spirit Aerosystems Holdings Inc. 918,949  20,382 
* AMR Corp. 2,232,098  20,134 
* Hertz Global Holdings Inc. 1,297,232  15,645 
   The Corporate Executive Board Co. 317,280  12,843 
* Owens Corning Inc. 702,837  12,742 

        2,932,218 

   Information Technology (13.4%)
* MEMC Electronic Materials, Inc. 2,052,440  145,518 
* Cognizant Technology Solutions Corp. 2,601,362  74,997 
* Activision, Inc. 2,609,882  71,276 
* Flextronics International Ltd. 7,454,517  69,998 
* BEA Systems, Inc. 3,568,194  68,331 
* Fiserv, Inc. 1,401,257  67,386 
   Fidelity National Information Services, Inc. 1,737,767  66,278 
* VeriSign, Inc. 1,979,566  65,801 
* Autodesk, Inc. 2,075,679  65,342 
* Computer Sciences Corp. 1,559,123  63,597 
   Microchip Technology, Inc. 1,919,492  62,825 
   Xilinx, Inc. 2,634,021  62,558 
   Linear Technology Corp. 2,002,186  61,447 
   KLA-Tencor Corp. 1,631,924  60,544 
* NAVTEQ Corp. 882,576  60,015 
   Harris Corp. 1,227,964  59,593 
   Amphenol Corp. 1,597,142  59,494 
* BMC Software, Inc. 1,754,284  57,049 
   Altera Corp. 3,009,135  55,458 
* Western Digital Corp. 1,972,001  53,323 
* Citrix Systems, Inc. 1,699,665  49,851 
* salesforce.com, inc. 846,478  48,986 
* McAfee Inc. 1,429,272  47,295 
* SanDisk Corp. 2,052,492  46,325 
* Iron Mountain, Inc. 1,705,977  45,106 
* Avnet, Inc. 1,344,283  43,998 
   National Semiconductor Corp. 2,365,371  43,334 
* LAM Research Corp. 1,115,439  42,632 
* Affiliated Computer Services, Inc. Class A 841,265  42,156 
* Micron Technology, Inc. 6,812,818  40,673 
* Akamai Technologies, Inc. 1,414,290  39,826 
* NCR Corp. 1,620,855  37,004 
* Arrow Electronics, Inc. 1,099,183  36,988 
* Teradata Corp. 1,621,702  35,775 
   Total System Services, Inc. 1,507,182  35,660 
* Hewitt Associates, Inc. 863,157  34,328 
* Cypress Semiconductor Corp. 1,426,290  33,675 
* Alliance Data Systems Corp. 705,118  33,500 
*^ Advanced Micro Devices, Inc. 5,405,403  31,838 
* LSI Corp. 6,324,666  31,307 
* Trimble Navigation Ltd. 1,086,216  31,055 
* Red Hat, Inc. 1,650,037  30,344 
   Intersil Corp. 1,172,425  30,096 
* DST Systems, Inc. 440,574  28,963 
* Lexmark International, Inc. 848,727  26,073 
* Cadence Design Systems, Inc. 2,408,482  25,723 
* JDS Uniphase Corp. 1,915,408  25,647 
* Ingram Micro, Inc. Class A 1,391,328  22,025 
* Novellus Systems, Inc. 1,040,708  21,907 
* Tellabs, Inc. 3,738,107  20,373 
* Teradyne, Inc. 1,555,790  19,323 
   Molex, Inc. 812,809  18,825 
* Dolby Laboratories Inc. 443,332  16,075 
   Jabil Circuit, Inc. 1,677,948  15,873 
   Molex, Inc. Class A 464,683  10,158 
   AVX Corp. 460,715  5,902 

        2,499,449 

   Materials (6.0%)
   United States Steel Corp. 1,058,256  134,261 
* Owens-Illinois, Inc. 1,404,544  79,258 
   Sigma-Aldrich Corp. 1,164,890  69,486 
^ Vulcan Materials Co. 968,200  64,288 
   Allegheny Technologies Inc. 824,596  58,843 
   AK Steel Holding Corp. 999,047  54,368 
   Steel Dynamics, Inc. 1,470,428  48,583 
   Celanese Corp. Series A 1,219,418  47,618 
   CF Industries Holdings, Inc. 450,342  46,664 
   Eastman Chemical Co. 725,965  45,337 
   MeadWestvaco Corp. 1,655,196  45,054 
^ Martin Marietta Materials, Inc. 375,057  39,820 
   Ball Corp. 810,449  37,232 
   Sealed Air Corp. 1,446,321  36,520 
* Crown Holdings, Inc. 1,430,868  36,001 
   Lubrizol Corp. 614,543  34,113 
   Huntsman Corp. 1,392,407  32,791 
* Domtar Corp. 4,623,561  31,579 
* Pactiv Corp. 1,168,466  30,625 
   International Flavors & Fragrances, Inc. 652,622  28,748 
   Albemarle Corp. 729,463  26,640 
   Sonoco Products Co. 846,312  24,230 
   Ashland, Inc. 507,563  24,008 
   Bemis Co., Inc. 900,534  22,901 
* Smurfit-Stone Container Corp. 2,288,729  17,623 
^ Titanium Metals Corp. 725,732  10,922 

        1,127,513 

   Telecommunication Services (2.3%)
* Crown Castle International Corp. 2,427,464  83,723 
   Embarq Corp. 1,369,123  54,902 
   Windstream Corp. 4,274,560  51,081 
* NII Holdings Inc. 1,551,976  49,322 
   CenturyTel, Inc. 939,026  31,213 
   Citizens Communications Co. 2,935,184  30,790 
*^ Level 3 Communications, Inc. 13,761,577  29,175 
* Metropcs Communications Inc. 1,556,479  26,460 
* Leap Wireless International, Inc. 488,807  22,778 
   Telephone & Data Systems, Inc. 549,905  21,595 
   Telephone & Data Systems, Inc. - Special Common Shares 397,697  14,834 
* U.S. Cellular Corp. 146,976  8,084 

        423,957 

   Utilities (6.4%)
   Questar Corp. 1,547,658  87,536 
* Mirant Corp. 2,294,251  83,488 
* NRG Energy, Inc. 2,031,302  79,200 
   Allegheny Energy, Inc. 1,489,395  75,214 
   Xcel Energy, Inc. 3,761,722  75,046 
* Reliant Energy, Inc. 3,084,768  72,955 
   Equitable Resources, Inc. 1,035,421  60,986 
   DTE Energy Co. 1,466,793  57,044 
   Wisconsin Energy Corp. 1,047,813  46,093 
   Pepco Holdings, Inc. 1,736,051  42,915 
   NiSource, Inc. 2,456,276  42,346 
   ONEOK, Inc. 882,923  39,405 
   CenterPoint Energy Inc. 2,734,376  39,020 
   Energen Corp. 611,009  38,066 
   SCANA Corp. 993,010  36,324 
   MDU Resources Group, Inc. 1,469,942  36,087 
* Dynegy, Inc. 4,479,860  35,346 
   Alliant Energy Corp. 988,381  34,603 
   Energy East Corp. 1,417,333  34,186 
   Northeast Utilities 1,388,733  34,080 
   Integrys Energy Group, Inc. 683,318  31,870 
   Pinnacle West Capital Corp. 899,450  31,553 
   TECO Energy, Inc. 1,887,564  30,107 
   NSTAR 956,465  29,105 
   DPL Inc. 1,017,423  26,087 

        1,198,662 




   Total Common Stocks
   (Cost $17,823,690)    18,651,121 



   Temporary Cash Investments (2.3%)



   Money Market Fund (2.3%)
1 Vanguard Market Liquidity Fund, 2.800% 424,670,538  424,671 
    
Face
     Amount
     ($000)
    
   U.S. Agency Obligation (0.0%)
2 Federal National Mortgage Assn.
3 2.712%, 4/30/08 2,000  1,997 



   Total Temporary Cash Investments
   (Cost $426,666)    426,668 



   Total Investments (102.2%)
   (Cost $18,250,356)    19,077,789 



   Other Assets and Liabilities-Net (-2.2%)    (406,598)



   Net Assets (100%)    18,671,191 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
2 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
3 Securities with a value of $1,997,000 have been segregated as initial margin for open futures contracts.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

At March 31, 2008, the cost of investment securities for tax purposes was $18,250,356,000. Net unrealized appreciation of investment securities for tax purposes was $827,433,000, consisting of unrealized gains of $3,046,558,000 on securities that had risen in value since their purchase and $2,219,125,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 100.0% and 2.2%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At March 31, 2008, the aggregate settlement value of open futures contracts expiring in June 2008 and the related unrealized appreciation (depreciation) were:


($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

E-mini S&P MidCap 400 Index 219  17,115  355 
S&P MidCap 400 Index 12  4,689  93 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities. Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table sumamrizes the inputs used to value the fund's net assets as of March 31, 2008:


Valuation Inputs Investments
in Securities
($000)
Futures
Contracts
($000)

Level 1- Quoted Prices 19,075,792  448 

Level 2- Other Significant Observable Inputs 1,997 

Level 3- Significant Unobservable Inputs

  Total 19,077,789  448 


Vanguard Mid-Cap Growth Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (100.0%)    



   Consumer Discretionary (12.3%)
* GameStop Corp. Class A 129,227  6,682 
   Tim Hortons, Inc. 167,068  5,689 
   Wynn Resorts Ltd. 56,090  5,645 
   Abercrombie & Fitch Co. 76,763  5,615 
* Apollo Group, Inc. Class A 126,107  5,448 
   Nordstrom, Inc. 165,628  5,399 
* Discovery Holding Co. Class A 240,108  5,095 
* AutoZone Inc. 40,537  4,614 
* Cablevision Systems NY Group Class A 205,974  4,414 
* The Goodyear Tire & Rubber Co. 169,516  4,374 
*^ CarMax, Inc. 194,420  3,776 
*^ Sirius Satellite Radio, Inc. 1,245,060  3,561 
* XM Satellite Radio Holdings, Inc. 280,352  3,258 
* Urban Outfitters, Inc. 103,620  3,248 
   Polo Ralph Lauren Corp. 51,962  3,029 
* Penn National Gaming, Inc. 65,707  2,873 
* O'Reilly Automotive, Inc. 97,517  2,781 
* Office Depot, Inc. 243,474  2,690 
   Tiffany & Co. 60,502  2,531 
   WABCO Holdings Inc. 54,362  2,480 
*^ Lamar Advertising Co. Class A 67,028  2,408 
   PetSmart, Inc. 114,773  2,346 
* Dollar Tree,Inc. 84,909  2,343 
   Harman International Industries, Inc. 51,254  2,232 
* NVR, Inc. 3,667  2,191 
^ Williams-Sonoma, Inc. 82,322  1,995 
* Expedia, Inc. 86,628  1,896 
   Pulte Homes, Inc. 126,225  1,837 
   Centex Corp. 70,431  1,705 
   Guess ?, Inc. 41,982  1,699 
* ITT Educational Services, Inc. 35,434  1,627 
   American Eagle Outfitters, Inc. 86,201  1,509 
   Weight Watchers International, Inc. 28,299  1,311 
* Interpublic Group of Cos., Inc. 147,060  1,237 
   Virgin Media Inc. 86,819  1,222 
*^ Crocs, Inc. 69,826  1,220 
   Family Dollar Stores, Inc. 59,477  1,160 
* Career Education Corp. 81,249  1,034 
* CTC Media, Inc. 33,873  940 
* R.H. Donnelley Corp. 31,661  160 

        115,274 

   Consumer Staples (2.2%)
* Energizer Holdings, Inc. 48,630  4,400 
^ Whole Foods Market, Inc. 124,313  4,099 
   The Clorox Co. 61,779  3,499 
   The Estee Lauder Cos. Inc. Class A 62,678  2,874 
* Hansen Natural Corp. 61,737  2,179 
   Dean Foods Co. 87,690  1,762 
* Bare Escentuals, Inc. 48,782  1,143 
   Brown-Forman Corp. Class B 16,681  1,105 

        21,061 

   Energy (15.0%)
   Noble Corp. 239,995  11,921 
   Smith International, Inc. 178,694  11,478 
   CONSOL Energy, Inc. 161,861  11,199 
* Ultra Petroleum Corp. 135,939  10,535 
* Southwestern Energy Co. 304,076  10,244 
   Range Resources Corp. 133,090  8,445 
* Cameron International Corp. 195,097  8,124 
   ENSCO International, Inc. 129,232  8,093 
   BJ Services Co. 261,218  7,447 
* FMC Technologies Inc. 116,048  6,602 
* Denbury Resources, Inc. 217,905  6,221 
* Grant Prideco, Inc. 113,310  5,577 
   Arch Coal, Inc. 127,646  5,553 
* Pride International, Inc. 148,896  5,204 
   Murphy Oil Corp. 56,137  4,611 
* Nabors Industries, Inc. 126,268  4,264 
* Exterran Holdings, Inc. 55,700  3,595 
* Plains Exploration & Production Co. 65,386  3,475 
   Frontier Oil Corp. 94,055  2,564 
   Rowan Cos., Inc. 49,648  2,045 
   Sunoco, Inc. 36,723  1,927 
   Patterson-UTI Energy, Inc. 48,340  1,266 
* CNX Gas Corp. 26,927  869 

        141,259 

   Financials (5.8%)
   T. Rowe Price Group Inc. 223,774  11,189 
   Nymex Holdings Inc. 78,704  7,133 
* IntercontinentalExchange Inc. 49,644  6,479 
* Nasdaq Stock Market Inc. 123,574  4,777 
* CB Richard Ellis Group, Inc. 184,767  3,998 
* TD Ameritrade Holding Corp. 239,001  3,946 
   Janus Capital Group Inc. 152,069  3,539 
   SEI Investments Co. 130,029  3,210 
   Eaton Vance Corp. 104,114  3,177 
   Brown & Brown, Inc. 106,721  1,855 
   Federated Investors, Inc. 40,801  1,598 
   TFS Financial Corp. 103,676  1,247 
^ The St. Joe Co. 28,622  1,229 
   Forest City Enterprise Class A 27,910  1,027 

        54,404 

   Health Care (14.7%)
* Intuitive Surgical, Inc. 34,085  11,055 
   C.R. Bard, Inc. 90,899  8,763 
* Laboratory Corp. of America Holdings 102,766  7,572 
* Humana Inc. 151,144  6,780 
* Hologic, Inc. 111,813  6,217 
* Coventry Health Care Inc. 138,163  5,575 
* Varian Medical Systems, Inc. 111,614  5,228 
* Waters Corp. 89,586  4,990 
   DENTSPLY International Inc. 128,350  4,954 
* Covance, Inc. 56,953  4,725 
* Henry Schein, Inc. 79,874  4,585 
* DaVita, Inc. 95,184  4,546 
* Millennium Pharmaceuticals, Inc. 288,022  4,453 
   Quest Diagnostics, Inc. 95,421  4,320 
   Pharmaceutical Product Development, Inc. 95,462  4,000 
* Cephalon, Inc. 59,816  3,852 
   IMS Health, Inc. 173,055  3,636 
* Patterson Cos. 99,875  3,625 
*^ Amylin Pharmaceuticals, Inc. 120,256  3,513 
* Millipore Corp. 48,686  3,282 
   AmerisourceBergen Corp. 74,918  3,070 
* Health Net Inc. 98,316  3,028 
* Endo Pharmaceuticals Holdings, Inc. 119,639  2,864 
* Vertex Pharmaceuticals, Inc. 118,027  2,820 
   Applera Corp.-Applied Biosystems Group 75,018  2,465 
* ImClone Systems, Inc. 53,863  2,285 
* Cerner Corp. 60,630  2,260 
* Kinetic Concepts, Inc. 48,209  2,229 
* Hospira, Inc. 49,201  2,104 
* Sepracor Inc. 99,679  1,946 
* Warner Chilcott Ltd. 89,338  1,608 
* Barr Pharmaceuticals Inc. 31,935  1,543 
   Beckman Coulter, Inc. 19,571  1,263 
* Charles River Laboratories, Inc. 21,191  1,249 
* WellCare Health Plans Inc. 31,626  1,232 
   Brookdale Senior Living Inc. 31,735  758 

        138,395 

   Industrials (20.0%)
   Fluor Corp. 78,881  11,135 
* McDermott International, Inc. 200,860  11,011 
   Expeditors International of Washington, Inc. 190,118  8,590 
   Rockwell Collins, Inc. 145,332  8,306 
   Cummins Inc. 173,097  8,104 
* First Solar, Inc. 34,771  8,037 
   ITT Industries, Inc. 153,653  7,961 
* Jacobs Engineering Group Inc. 107,784  7,932 
   C.H. Robinson Worldwide Inc. 143,806  7,823 
   Trane, Inc. 162,059  7,439 
* Foster Wheeler Ltd. 128,207  7,259 
   Joy Global Inc. 96,385  6,280 
* Terex Corp. 91,526  5,720 
   Flowserve Corp. 50,972  5,320 
   Fastenal Co. 112,981  5,189 
* AGCO Corp. 81,700  4,892 
   The Manitowoc Co., Inc. 115,815  4,725 
   Roper Industries Inc. 79,096  4,701 
   The Dun & Bradstreet Corp. 51,712  4,208 
   Ametek, Inc. 95,703  4,202 
   KBR Inc. 151,137  4,191 
   Harsco Corp. 75,124  4,160 
   Equifax, Inc. 117,610  4,055 
* Stericycle, Inc. 77,528  3,993 
* Quanta Services, Inc. 151,798  3,517 
   Robert Half International, Inc. 136,496  3,513 
* Shaw Group, Inc. 72,365  3,411 
* ChoicePoint Inc. 63,816  3,038 
* Monster Worldwide Inc. 104,376  2,527 
   J.B. Hunt Transport Services, Inc. 79,232  2,490 
*^ SunPower Corp. Class A 33,288  2,480 
   UAL Corp. 103,738  2,233 
* Spirit Aerosystems Holdings Inc. 91,510  2,030 
* AMR Corp. 222,291  2,005 
   Pall Corp. 54,691  1,918 
* Hertz Global Holdings Inc. 129,051  1,556 
   The Corporate Executive Board Co. 31,607  1,279 
*^ USG Corp. 23,196  854 

        188,084 

   Information Technology (19.2%)
* MEMC Electronic Materials, Inc. 204,381  14,491 
* Cognizant Technology Solutions Corp. 259,020  7,468 
* Activision, Inc. 259,867  7,097 
* Fiserv, Inc. 139,522  6,710 
* VeriSign, Inc. 197,104  6,552 
* Autodesk, Inc. 206,677  6,506 
   Linear Technology Corp. 199,358  6,118 
   KLA-Tencor Corp. 162,487  6,028 
* NAVTEQ Corp. 87,876  5,976 
   Harris Corp. 122,261  5,933 
   Amphenol Corp. 159,029  5,924 
* BMC Software, Inc. 174,675  5,680 
   Altera Corp. 299,615  5,522 
* Citrix Systems, Inc. 169,230  4,964 
* salesforce.com, inc. 84,283  4,877 
* McAfee Inc. 142,307  4,709 
* SanDisk Corp. 204,362  4,612 
* Iron Mountain, Inc. 169,858  4,491 
* BEA Systems, Inc. 230,936  4,422 
* LAM Research Corp. 111,062  4,245 
* Affiliated Computer Services, Inc. Class A 83,757  4,197 
* Micron Technology, Inc. 678,343  4,050 
* Akamai Technologies, Inc. 140,820  3,965 
* NCR Corp. 161,466  3,686 
   Total System Services, Inc. 150,068  3,551 
* Cypress Semiconductor Corp. 142,011  3,353 
* Alliance Data Systems Corp. 70,243  3,337 
* Advanced Micro Devices, Inc. 538,495  3,172 
* Trimble Navigation Ltd. 108,202  3,093 
* Red Hat, Inc. 164,292  3,021 
* DST Systems, Inc. 43,860  2,883 
   National Semiconductor Corp. 153,086  2,805 
* JDS Uniphase Corp. 190,706  2,554 
* Hewitt Associates, Inc. 55,866  2,222 
* Novellus Systems, Inc. 103,618  2,181 
* Teradyne, Inc. 154,933  1,924 
* Dolby Laboratories Inc. 44,146  1,601 
* Avnet, Inc. 46,809  1,532 
   Molex, Inc. 57,291  1,327 
* Lexmark International, Inc. 42,217  1,297 
* LSI Corp. 220,234  1,090 
   Jabil Circuit, Inc. 108,593  1,027 

        180,193 

   Materials (5.6%)
* Owens-Illinois, Inc. 139,847  7,892 
   Allegheny Technologies Inc. 82,101  5,859 
   AK Steel Holding Corp. 99,468  5,413 
   CF Industries Holdings, Inc. 44,855  4,648 
^ Martin Marietta Materials, Inc. 37,343  3,965 
   Ball Corp. 80,688  3,707 
* Crown Holdings, Inc. 142,543  3,586 
   Sigma-Aldrich Corp. 57,995  3,459 
   Steel Dynamics, Inc. 95,166  3,144 
   Albemarle Corp. 72,666  2,654 
   Vulcan Materials Co. 33,742  2,240 
   Celanese Corp. Series A 42,460  1,658 
   Huntsman Corp. 69,260  1,631 
* Pactiv Corp. 58,154  1,524 
   Titanium Metals Corp. 72,348  1,089 

        52,469 

   Telecommunication Services (2.2%)
* Crown Castle International Corp. 241,697  8,336 
* NII Holdings Inc. 154,522  4,911 
* Metropcs Communications Inc. 154,968  2,634 
* Leap Wireless International, Inc. 48,690  2,269 
*^ Level 3 Communications, Inc. 891,332  1,890 
* U.S. Cellular Corp. 14,642  805 

        20,845 

   Utilities (3.0%)
* NRG Energy, Inc. 202,249  7,886 
   Allegheny Energy, Inc. 148,294  7,489 
   Questar Corp. 77,051  4,358 
   Equitable Resources, Inc. 51,547  3,036 
* Reliant Energy, Inc. 107,506  2,543 
   Energen Corp. 30,426  1,896 
* Dynegy, Inc. 156,076  1,231 

        28,439 




   Total Common Stocks
   (Cost $1,015,373)    940,423 



   Temporary Cash Investment (1.7%)



1 Vanguard Market Liquidity Fund, 2.800%
   (Cost $15,855) 15,855,213  15,855 



   Total Investments (101.7%)
   (Cost $1,031,228)    956,278 



   Other Assets and Liabilities-Net (-1.7%)    (16,086)



   Net Assets (100%)    940,192 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.

At March 31, 2008, the cost of investment securities for tax purposes was $1,031,228,000. Net unrealized depreciation of investment securities for tax purposes was $74,950,000, consisting of unrealized gains of $42,135,000 on securities that had risen in value since their purchase and $117,085,000 in unrealized losses on securities that had fallen in value since their purchase.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157"), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities.
Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At March 31, 2008, 100% of the fund's investments were valued based on Level 1 inputs.


Vanguard Mid-Cap Value Index
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (100.1%)    



   Consumer Discretionary (14.9%)
   Mattel, Inc. 187,447  3,730 
   VF Corp. 45,013  3,489 
   H & R Block, Inc. 166,977  3,467 
   Genuine Parts Co. 85,800  3,451 
   Whirlpool Corp. 39,516  3,429 
   Newell Rubbermaid, Inc. 142,714  3,264 
   Sherwin-Williams Co. 54,544  2,784 
   Eastman Kodak Co. 147,368  2,604 
   BorgWarner, Inc. 59,273  2,551 
   Royal Caribbean Cruises, Ltd. 70,488  2,319 
   D. R. Horton, Inc. 145,009  2,284 
   Darden Restaurants Inc. 68,838  2,241 
   Black & Decker Corp. 31,986  2,114 
   Ross Stores, Inc. 70,147  2,102 
* IAC/InterActiveCorp 98,996  2,055 
*^ Mohawk Industries, Inc. 27,953  2,002 
   Hasbro, Inc. 71,497  1,995 
   Autoliv, Inc. 38,842  1,950 
   Washington Post Co. Class B 2,940  1,945 
   E.W. Scripps Co. Class A 45,160  1,897 
   Wyndham Worldwide Corp. 91,016  1,882 
   The Stanley Works 37,864  1,803 
   Advance Auto Parts, Inc. 51,610  1,757 
* Toll Brothers, Inc. 68,142  1,600 
   Tiffany & Co. 34,633  1,449 
   Leggett & Platt, Inc. 87,033  1,327 
* Interpublic Group of Cos., Inc. 156,783  1,319 
^ New York Times Co. Class A 69,520  1,313 
   Virgin Media Inc. 92,592  1,303 
   Lennar Corp. Class A 65,993  1,241 
* Expedia, Inc. 49,656  1,087 
* AutoNation, Inc. 70,561  1,056 
   RadioShack Corp. 63,760  1,036 
   Wendy's International, Inc. 44,690  1,031 
   Brinker International, Inc. 53,902  1,000 
   KB Home 38,954  963 
   Foot Locker, Inc. 78,715  926 
   Liz Claiborne, Inc. 50,970  925 
   American Eagle Outfitters, Inc. 49,563  868 
   Family Dollar Stores, Inc. 34,046  664 
   Boyd Gaming Corp. 29,130  583 
   Pulte Homes, Inc. 38,949  567 
   Centex Corp. 21,779  527 
   Idearc Inc. 74,597  272 
* R.H. Donnelley Corp. 18,005  91 

        78,263 

   Consumer Staples (7.0%)
   Bunge Ltd. 61,830  5,372 
   UST, Inc. 80,062  4,365 
   Molson Coors Brewing Co. Class B 66,654  3,504 
   Coca-Cola Enterprises, Inc. 136,301  3,299 
   SuperValu Inc. 107,997  3,238 
   The Pepsi Bottling Group, Inc. 68,545  2,324 
   Tyson Foods, Inc. 138,571  2,210 
   McCormick & Co., Inc. 58,680  2,169 
   The Clorox Co. 35,393  2,005 
* Constellation Brands, Inc. Class A 98,149  1,734 
   Hormel Foods Corp. 38,339  1,597 
* Smithfield Foods, Inc. 58,400  1,504 
   Brown-Forman Corp. Class B 17,753  1,176 
   The Estee Lauder Cos. Inc. Class A 19,267  883 
   PepsiAmericas, Inc. 33,144  846 
   Dean Foods Co. 27,068  544 

        36,770 

   Energy (6.9%)
   Noble Energy, Inc. 87,655  6,381 
   El Paso Corp. 358,166  5,960 
   Murphy Oil Corp. 59,748  4,908 
* Newfield Exploration Co. 66,925  3,537 
   Pioneer Natural Resources Co. 61,072  3,000 
* Nabors Industries, Inc. 72,393  2,445 
   Cimarex Energy Co. 42,131  2,306 
   Tesoro Corp. 70,085  2,103 
   Sunoco, Inc. 39,112  2,052 
   Patterson-UTI Energy, Inc. 51,486  1,348 
   Rowan Cos., Inc. 28,474  1,173 
* Plains Exploration & Production Co. 20,176  1,072 

        36,285 

   Financials (29.7%)
   Boston Properties, Inc. REIT 60,975  5,614 
   Kimco Realty Corp. REIT 116,278  4,555 
   Hudson City Bancorp, Inc. 252,718  4,468 
   Host Hotels & Resorts Inc. REIT 266,985  4,250 
   Unum Group 184,432  4,059 
   HCP, Inc. REIT 119,870  4,053 
   Avalonbay Communities, Inc. REIT 40,258  3,886 
   Leucadia National Corp. 85,284  3,857 
   Plum Creek Timber Co. Inc. REIT 88,049  3,584 
   Annaly Mortgage Management Inc. REIT 231,649  3,549 
^ American Capital Strategies, Ltd. 96,009  3,280 
   Assurant, Inc. 51,271  3,120 
   Ventas, Inc. REIT 68,256  3,065 
   People's United Financial Inc. 176,274  3,051 
   Cincinnati Financial Corp. 76,429  2,907 
   Everest Re Group, Ltd. 32,134  2,877 
   Torchmark Corp. 47,150  2,834 
   AMB Property Corp. REIT 50,674  2,758 
   New York Community Bancorp, Inc. 148,803  2,711 
   Comerica, Inc. 77,261  2,710 
   Developers Diversified Realty Corp. REIT 62,823  2,631 
   The Macerich Co. REIT 37,071  2,605 
   Zions Bancorp 54,663  2,490 
   SL Green Realty Corp. REIT 30,282  2,467 
   Willis Group Holdings Ltd. 72,986  2,453 
   Axis Capital Holdings Ltd. 69,530  2,363 
   Regency Centers Corp. REIT 35,589  2,305 
   Federal Realty Investment Trust REIT 28,948  2,256 
   W.R. Berkley Corp. 79,645  2,205 
   PartnerRe Ltd. 28,422  2,169 
* Markel Corp. 4,836  2,128 
   White Mountains Insurance Group Inc. 4,431  2,127 
   Safeco Corp. 48,295  2,119 
   Fidelity National Financial, Inc. Class A 104,850  1,922 
   Huntington Bancshares Inc. 177,882  1,912 
   Sovereign Bancorp, Inc. 196,679  1,833 
* Arch Capital Group Ltd. 26,453  1,817 
   RenaissanceRe Holdings Ltd. 34,450  1,788 
   Apartment Investment & Management Co. Class A REIT 48,862  1,750 
   Duke Realty Corp. REIT 74,541  1,700 
   UDR, Inc. REIT 68,678  1,684 
   Associated Banc-Corp. 61,771  1,645 
   Hospitality Properties Trust REIT 47,998  1,633 
   Countrywide Financial Corp. 296,086  1,628 
   Popular, Inc. 136,218  1,588 
   Synovus Financial Corp. 134,393  1,486 
^ Allied Capital Corp. 79,057  1,457 
   Liberty Property Trust REIT 46,807  1,456 
   Old Republic International Corp. 112,040  1,446 
   Camden Property Trust REIT 28,428  1,427 
   UnionBanCal Corp. 28,364  1,392 
   Protective Life Corp. 34,026  1,380 
   First American Corp. 39,839  1,352 
   Weingarten Realty Investors REIT 39,174  1,349 
   HCC Insurance Holdings, Inc. 58,768  1,333 
   Commerce Bancshares, Inc. 31,280  1,315 
^ The St. Joe Co. 30,450  1,307 
   Astoria Financial Corp. 44,106  1,198 
   MBIA, Inc. 97,238  1,188 
   CIT Group Inc. 96,803  1,147 
   Nationwide Financial Services, Inc. 24,170  1,143 
   Raymond James Financial, Inc. 49,118  1,129 
   TCF Financial Corp. 58,360  1,046 
   City National Corp. 20,910  1,034 
   iStar Financial Inc. REIT 68,391  960 
   Federated Investors, Inc. 23,456  919 
   First Horizon National Corp. 64,631  905 
   American Financial Group, Inc. 35,252  901 
   Transatlantic Holdings, Inc. 13,476  894 
   Unitrin, Inc. 23,146  818 
^ Colonial BancGroup, Inc. 74,145  714 
   CapitalSource Inc. REIT 70,719  684 
   Toronto Dominion Bank 10,387  637 
   BOK Financial Corp. 11,992  626 
   Forest City Enterprise Class A 15,965  588 
   Student Loan Corp. 2,036  201 

        155,838 

   Health Care (4.1%)
* Hospira, Inc. 52,319  2,238 
* Invitrogen Corp. 23,830  2,037 
^ Mylan Inc. 154,722  1,795 
   AmerisourceBergen Corp. 42,887  1,758 
* Barr Pharmaceuticals Inc. 34,065  1,646 
* Community Health Systems, Inc. 48,892  1,641 
   Hillenbrand Industries, Inc. 30,152  1,441 
   Applera Corp.-Applied Biosystems Group 42,995  1,413 
   Beckman Coulter, Inc. 20,852  1,346 
   Quest Diagnostics, Inc. 29,494  1,335 
* Charles River Laboratories, Inc. 22,596  1,332 
* Lincare Holdings, Inc. 41,069  1,154 
   Omnicare, Inc. 62,290  1,131 
* King Pharmaceuticals, Inc. 124,781  1,086 

        21,353 

   Industrials (11.3%)
   L-3 Communications Holdings, Inc. 64,300  7,031 
   Parker Hannifin Corp. 86,004  5,957 
   Dover Corp. 101,552  4,243 
   Rockwell Automation, Inc. 72,503  4,163 
   Pitney Bowes, Inc. 110,841  3,882 
   Cooper Industries, Inc. Class A 92,050  3,696 
   Goodrich Corp. 60,658  3,488 
   R.R. Donnelley & Sons Co. 109,639  3,323 
   SPX Corp. 26,769  2,808 
   Republic Services, Inc. Class A 95,599  2,795 
   W.W. Grainger, Inc. 34,436  2,631 
   Avery Dennison Corp. 48,955  2,411 
   Manpower Inc. 41,448  2,332 
   Cintas Corp. 73,159  2,088 
* Allied Waste Industries, Inc. 170,893  1,847 
   Pentair, Inc. 48,328  1,542 
   Oshkosh Truck Corp. 37,939  1,376 
* Delta Air Lines Inc. 137,754  1,185 
   Pall Corp. 31,368  1,100 
*^ USG Corp. 24,638  907 
* Owens Corning Inc. 40,052  726 

        59,531 

   Information Technology (7.5%)
* Flextronics International Ltd. 425,169  3,992 
   Fidelity National Information Services, Inc. 99,212  3,784 
* Computer Sciences Corp. 88,948  3,628 
   Microchip Technology, Inc. 109,470  3,583 
   Xilinx, Inc. 150,382  3,572 
* Western Digital Corp. 112,447  3,041 
* Arrow Electronics, Inc. 62,784  2,113 
* Teradata Corp. 92,561  2,042 
   Intersil Corp. 67,005  1,720 
* Avnet, Inc. 49,871  1,632 
* Cadence Design Systems, Inc. 137,538  1,469 
* BEA Systems, Inc. 71,328  1,366 
* Ingram Micro, Inc. Class A 79,499  1,258 
* Tellabs, Inc. 213,582  1,164 
* LSI Corp. 234,776  1,162 
   Molex, Inc. Class A 39,932  873 
   National Semiconductor Corp. 47,118  863 
* Lexmark International, Inc. 24,185  743 
* Hewitt Associates, Inc. 17,196  684 
   AVX Corp. 26,127  335 
   Jabil Circuit, Inc. 33,571  318 

        39,342 

   Materials (6.5%)
   United States Steel Corp. 60,388  7,661 
   Eastman Chemical Co. 41,437  2,588 
   MeadWestvaco Corp. 94,499  2,572 
   Vulcan Materials Co. 35,907  2,384 
   Sealed Air Corp. 82,578  2,085 
   Sigma-Aldrich Corp. 33,228  1,982 
   Lubrizol Corp. 35,098  1,948 
* Domtar Corp. 264,162  1,804 
   Celanese Corp. Series A 45,223  1,766 
   International Flavors & Fragrances, Inc. 37,206  1,639 
   Sonoco Products Co. 48,338  1,384 
   Ashland, Inc. 29,005  1,372 
   Bemis Co., Inc. 51,286  1,304 
* Smurfit-Stone Container Corp. 130,764  1,007 
   Steel Dynamics, Inc. 29,372  970 
   Huntsman Corp. 39,753  936 
* Pactiv Corp. 33,223  871 

        34,273 

   Telecommunication Services (2.3%)
   Embarq Corp. 78,177  3,135 
   Windstream Corp. 243,708  2,912 
   CenturyTel, Inc. 53,626  1,783 
   Citizens Communications Co. 167,740  1,760 
   Telephone & Data Systems, Inc. 27,060  1,063 
   Telephone & Data Systems, Inc. - Special Common Shares 27,011  1,008 
*^ Level 3 Communications, Inc. 275,033  583 

        12,244 

   Utilities (9.9%)
* Mirant Corp. 130,868  4,762 
   Xcel Energy, Inc. 214,607  4,281 
   DTE Energy Co. 83,647  3,253 
* Reliant Energy, Inc. 114,501  2,708 
   Wisconsin Energy Corp. 59,809  2,631 
   Questar Corp. 44,138  2,496 
   Pepco Holdings, Inc. 99,138  2,451 
   NiSource, Inc. 140,293  2,419 
   ONEOK, Inc. 50,383  2,249 
   CenterPoint Energy Inc. 156,168  2,229 
   SCANA Corp. 56,594  2,070 
   MDU Resources Group, Inc. 83,928  2,060 
   Alliant Energy Corp. 56,412  1,975 
   Energy East Corp. 81,015  1,954 
   Northeast Utilities 79,347  1,947 
   Integrys Energy Group, Inc. 38,939  1,816 
   Pinnacle West Capital Corp. 51,324  1,800 
   Equitable Resources, Inc. 29,530  1,739 
   TECO Energy, Inc. 107,771  1,719 
   NSTAR 54,641  1,663 
   DPL Inc. 58,125  1,490 
* Dynegy, Inc. 166,422  1,313 
   Energen Corp. 17,432  1,086 

        52,111 




   Total Common Stocks
   (Cost $592,140)    526,010 



   Temporary Cash Investment (1.2%)



   Money Market Fund
1 Vanguard Market Liquidity Fund, 2.800%
   (Cost $6,123) 6,123,200  6,123 






   Total Investments (101.3%)
   (Cost $598,263)    532,133 



   Other Assets and Liabilities-Net (-1.3%)    (6,662)



   Net Assets (100%)    525,471 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.

At March 31, 2008, the cost of investment securities for tax purposes was $598,263,000. Net unrealized depreciation of investment securities for tax purposes was $66,130,000, consisting of unrealized gains of $12,600,000 on securities that had risen in value since their purchase and $78,730,000 in unrealized losses on securities that had fallen in value since their purchase.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157"), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities.
Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3-- significant unobservable inputs (including the fund\'s own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At March 31, 2008, 100% of the fund's investments were valued based on Level 1 inputs.


Vanguard Small-Cap Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (99.6%)    



   Consumer Discretionary (13.2%)
*^ Priceline.com, Inc. 321,269  38,829 
   Service Corp. International 2,460,378  24,948 
   Snap-On Inc. 482,741  24,547 
* Hanesbrands Inc. 840,364  24,539 
* LKQ Corp. 1,016,397  22,838 
   DeVry, Inc. 534,898  22,380 
   Tupperware Brands Corp. 543,726  21,031 
   Gentex Corp. 1,211,516  20,777 
* Dick's Sporting Goods, Inc. 747,928  20,030 
   Strayer Education, Inc. 127,817  19,492 
   Phillips-Van Heusen Corp. 498,336  18,897 
* Aeropostale, Inc. 680,057  18,436 
   Burger King Holdings Inc. 656,971  18,172 
* Big Lots Inc. 798,163  17,799 
* DreamWorks Animation SKG, Inc. 632,231  16,299 
   Orient-Express Hotel Ltd. 374,845  16,178 
* The Warnaco Group, Inc. 402,312  15,867 
* Lear Corp. 612,267  15,864 
* J. Crew Group, Inc. 352,438  15,567 
   Sotheby's 528,481  15,278 
* Getty Images, Inc. 472,978  15,135 
*^ Netflix.com, Inc. 435,341  15,085 
* Chipotle Mexican Grill, Inc. Class B 155,053  15,054 
* Jarden Corp. 684,689  14,885 
* Bally Technologies Inc. 432,139  14,840 
   John Wiley & Sons Class A 360,561  14,314 
* Saks Inc. 1,139,715  14,212 
* Jack in the Box Inc. 528,421  14,199 
   MDC Holdings, Inc. 323,633  14,172 
   Barnes & Noble, Inc. 458,943  14,067 
* Marvel Entertainment, Inc. 517,740  13,870 
*^ Chipotle Mexican Grill, Inc. 121,194  13,747 
* WMS Industries, Inc. 379,707  13,658 
   Wolverine World Wide, Inc. 461,208  13,380 
* AnnTaylor Stores Corp. 549,175  13,279 
   Matthews International Corp. 273,321  13,188 
* Fossil, Inc. 428,856  13,097 
* The Cheesecake Factory Inc. 597,738  13,025 
* Scientific Games Corp. 614,657  12,975 
   Meredith Corp. 336,536  12,873 
   OfficeMax, Inc. 665,210  12,732 
^ Polaris Industries, Inc. 308,862  12,666 
   Brunswick Corp. 776,446  12,400 
   Ryland Group, Inc. 371,616  12,222 
   Regal Entertainment Group Class A 629,092  12,135 
* Tractor Supply Co. 306,263  12,104 
* Sonic Corp. 536,187  11,818 
* Deckers Outdoor Corp. 108,701  11,720 
*^ Vail Resorts Inc. 240,155  11,597 
* Tenneco Automotive, Inc. 411,215  11,489 
* TRW Automotive Holdings Corp. 488,281  11,411 
*^ Panera Bread Co. 272,172  11,401 
   International Speedway Corp. 271,158  11,172 
* Chico's FAS, Inc. 1,554,979  11,056 
* Gaylord Entertainment Co. 363,921  11,023 
* Quiksilver, Inc. 1,105,058  10,841 
* Rent-A-Center, Inc. 589,985  10,826 
^ Arbitron Inc. 248,729  10,735 
   Regis Corp. 389,049  10,695 
* Gemstar-TV Guide International, Inc. 2,273,195  10,684 
* The Gymboree Corp. 267,114  10,653 
   Choice Hotels International, Inc. 304,814  10,397 
   Men's Wearhouse, Inc. 446,696  10,395 
* Lions Gate Entertainment Corp. 1,061,708  10,352 
   Jones Apparel Group, Inc. 752,931  10,104 
* Bright Horizons Family Solutions, Inc. 231,686  9,972 
   Thor Industries, Inc. 320,757  9,549 
   Interactive Data Corp. 332,867  9,477 
   Dillard's Inc. 537,041  9,242 
*^ Life Time Fitness, Inc. 293,856  9,171 
*^ Under Armour, Inc. 249,405  9,128 
* Scholastic Corp. 291,863  8,835 
* Exide Technologies 664,184  8,701 
   Bob Evans Farms, Inc. 312,612  8,625 
*^ Zale Corp. 433,308  8,562 
   American Greetings Corp. Class A 451,579  8,377 
* Morningstar, Inc. 135,856  8,335 
   National CineMedia Inc. 370,568  8,330 
   Aaron Rents, Inc. 383,935  8,270 
* Carter's, Inc. 511,684  8,264 
   American Axle & Manufacturing Holdings, Inc. 401,648  8,234 
   Belo Corp. Class A 776,955  8,212 
   Callaway Golf Co. 555,028  8,148 
^ Pool Corp. 419,651  7,927 
   Cooper Tire & Rubber Co. 525,426  7,866 
* Iconix Brand Group Inc. 452,630  7,853 
* Pacific Sunwear of California, Inc. 617,777  7,790 
   ArvinMeritor, Inc. 608,721  7,615 
* CEC Entertainment Inc. 260,215  7,515 
*^ Live Nation, Inc. 615,913  7,471 
   Penske Automotive Group Inc. 377,033  7,337 
   CBRL Group, Inc. 199,114  7,122 
^ Ethan Allen Interiors, Inc. 249,718  7,099 
* Collective Brands, Inc. 577,854  7,004 
* Coinstar, Inc. 246,534  6,937 
*^ Blue Nile Inc. 127,663  6,913 
* Champion Enterprises, Inc. 680,338  6,824 
* Pinnacle Entertainment, Inc. 528,881  6,770 
* Tween Brands, Inc. 271,390  6,714 
* JAKKS Pacific, Inc. 236,489  6,520 
^ IHOP Corp. 134,809  6,457 
*^ P.F. Chang's China Bistro, Inc. 218,274  6,208 
* Timberland Co. 443,669  6,092 
   Circuit City Stores, Inc. 1,489,605  5,929 
   Stage Stores, Inc. 365,429  5,920 
* Skechers U.S.A., Inc. 290,277  5,866 
*^ INVESTools Inc. 520,390  5,719 
^ Columbia Sportswear Co. 127,252  5,603 
   Brown Shoe Co., Inc. 371,406  5,597 
^ Domino's Pizza, Inc. 410,647  5,540 
   Harte-Hanks, Inc. 404,490  5,529 
* The Dress Barn, Inc. 424,802  5,497 
   Sonic Automotive, Inc. 264,173  5,429 
* Corinthian Colleges, Inc. 748,922  5,415 
^ The McClatchy Co. Class A 504,405  5,397 
   The Buckle, Inc. 120,267  5,380 
*^ Cabela's Inc. 377,923  5,351 
* The Children's Place Retail Stores, Inc. 216,361  5,314 
* Red Robin Gourmet Burgers, Inc. 140,543  5,280 
* Charming Shoppes, Inc. 1,083,559  5,234 
   Stewart Enterprises, Inc. Class A 795,930  5,110 
   CKE Restaurants Inc. 455,242  5,108 
* Sally Beauty Co. Inc. 719,991  4,968 
* Pier 1 Imports Inc. 781,426  4,907 
* Texas Roadhouse, Inc. 491,213  4,814 
^ Furniture Brands International Inc. 407,658  4,770 
* Genesco, Inc. 201,375  4,654 
* Papa John's International, Inc. 190,016  4,600 
*^ Valassis Communications, Inc. 423,763  4,598 
   The Pep Boys (Manny, Moe & Jack) 456,560  4,547 
   Group 1 Automotive, Inc. 191,217  4,490 
   Blyth, Inc. 227,027  4,477 
   UniFirst Corp. 120,017  4,451 
* Steiner Leisure Ltd. 134,723  4,446 
^ Tempur-Pedic International Inc. 398,403  4,382 
* Visteon Corp. 1,148,822  4,320 
* Helen of Troy Ltd. 257,551  4,319 
   Hearst-Argyle Television Inc. 207,943  4,290 
* 99 Cents Only Stores 433,479  4,287 
* Drew Industries, Inc. 174,570  4,270 
* Hibbett Sports Inc. 274,297  4,235 
^ Winnebago Industries, Inc. 247,899  4,189 
   Superior Industries International, Inc. 200,326  4,157 
   Sinclair Broadcast Group, Inc. 466,035  4,152 
   Ameristar Casinos, Inc. 227,215  4,147 
*^ NutriSystem, Inc. 272,947  4,113 
*^ Morgans Hotel Group 275,272  4,080 
   Cato Corp. Class A 271,894  4,062 
   Churchill Downs, Inc. 84,341  3,984 
   Modine Manufacturing Co. 274,816  3,982 
   Asbury Automotive Group, Inc. 279,330  3,844 
*^ Meritage Corp. 197,080  3,808 
^ La-Z-Boy Inc. 454,766  3,793 
* Aftermarket Technology Corp. 194,497  3,781 
   K-Swiss, Inc. 235,228  3,721 
   RCN Corp. 330,748  3,698 
   CKX, Inc. 384,993  3,665 
   The Marcus Corp. 188,924  3,627 
^ Cinemark Holdings Inc. 282,645  3,615 
* CSK Auto Corp. 386,658  3,600 
^ Lee Enterprises, Inc. 354,593  3,549 
* Entravision Communications Corp. 525,951  3,503 
   Fred's, Inc. 336,673  3,451 
* Charlotte Russe Holding Inc. 198,567  3,443 
*^ Buffalo Wild Wings Inc. 140,149  3,434 
* Knology, Inc. 264,500  3,425 
   Ruby Tuesday, Inc. 454,960  3,412 
   Speedway Motorsports, Inc. 135,091  3,387 
* Pre-Paid Legal Services, Inc. 79,845  3,386 
   World Wrestling Entertainment, Inc. 180,619  3,361 
*^ Hovnanian Enterprises Inc. Class A 315,700  3,346 
   Movado Group, Inc. 170,850  3,330 
* RC2 Corp. 158,328  3,320 
* Cox Radio, Inc. 278,746  3,312 
*^ Jos. A. Bank Clothiers, Inc. 160,457  3,289 
^ Beazer Homes USA, Inc. 347,625  3,285 
* California Pizza Kitchen, Inc. 245,656  3,221 
   Oxford Industries, Inc. 142,072  3,201 
   Triarc Cos., Inc. Class B 449,077  3,169 
*^ Blockbuster Inc. Class A 962,879  3,139 
^ Standard Pacific Corp. 643,054  3,125 
* Universal Electronics, Inc. 128,983  3,123 
   Christopher & Banks Corp. 311,395  3,111 
   Journal Communications, Inc. 414,367  3,058 
   Jackson Hewitt Tax Service Inc. 265,040  3,040 
^ Borders Group, Inc. 517,565  3,038 
* Jo-Ann Stores, Inc. 198,705  2,927 
*^ Charter Communications, Inc. 3,387,123  2,886 
* Peet's Coffee & Tea Inc. 121,918  2,866 
* Volcom, Inc. 140,266  2,835 
^ Sealy Corp. 359,583  2,733 
* Coldwater Creek Inc. 538,673  2,720 
^ Citadel Broadcasting Corp. 1,633,123  2,711 
   Monro Muffler Brake, Inc. 160,126  2,706 
*^ Fleetwood Enterprises, Inc. 564,965  2,599 
   Entercom Communications Corp. 258,024  2,562 
*^ Raser Technologies, Inc. 294,796  2,532 
   bebe stores, inc. 235,487  2,531 
*^ True Religion Apparel, Inc. 135,884  2,521 
*^ Universal Technical Institute Inc. 212,010  2,487 
^ Media General, Inc. Class A 174,390  2,445 
   Ambassadors Group, Inc. 128,724  2,432 
* GSI Commerce, Inc. 184,745  2,429 
   Monaco Coach Corp. 252,788  2,396 
* Steven Madden, Ltd. 138,869  2,379 
* Gaiam, Inc. 136,393  2,362 
   Sauer-Danfoss, Inc. 106,103  2,349 
* Denny's Corp. 787,536  2,347 
^ Talbots Inc. 216,569  2,335 
   CSS Industries, Inc. 66,620  2,329 
* Lin TV Corp. 240,733  2,313 
   Spartan Motors, Inc. 271,937  2,301 
   O'Charley's Inc. 195,163  2,248 
   FTD Group, Inc. 165,459  2,220 
*^ Zumiez Inc. 140,058  2,198 
* BJ's Restaurants Inc. 150,652  2,171 
   Gray Television, Inc. 374,337  2,130 
* Leapfrog Enterprises, Inc. 301,326  2,124 
* Mediacom Communications Corp. 482,160  2,088 
* Capella Education Co. 37,874  2,068 
*^ Avatar Holding, Inc. 47,303  2,062 
* Fisher Communications, Inc. 65,708  2,047 
*^ Core-Mark Holding Co., Inc. 68,821  1,978 
^ Brookfield Homes Corp. 117,644  1,976 
* AFC Enterprises, Inc. 219,469  1,973 
*^ MarineMax, Inc. 153,501  1,913 
* Steak n Shake Co. 240,635  1,894 
^ M/I Homes, Inc. 111,518  1,894 
* Cumulus Media Inc. 290,271  1,852 
^ GateHouse Media, Inc. 308,757  1,803 
* Monarch Casino & Resort, Inc. 101,061  1,790 
   Finish Line, Inc. 375,265  1,786 
* AH Belo Corp. 154,376  1,765 
* 1-800-FLOWERS.COM, Inc. 206,561  1,758 
^ Landry's Restaurants, Inc. 106,391  1,732 
   Kenneth Cole Productions, Inc. 101,817  1,725 
* Blockbuster Inc. Class B 600,871  1,712 
*^ iRobot Corp. 97,450  1,667 
*^ Shuffle Master, Inc. 310,938  1,664 
* Hot Topic, Inc. 383,080  1,651 
*^ Overstock.com, Inc. 137,995  1,644 
^ Warner Music Group Corp. 328,030  1,634 
* Shutterfly, Inc. 109,639  1,630 
   Big 5 Sporting Goods Corp. 183,819  1,612 
* Citi Trends Inc. 86,251  1,591 
*^ Martha Stewart Living Omnimedia, Inc. 212,042  1,575 
*^ DSW Inc. Class A 121,609  1,575 
* Playboy Enterprises, Inc. Class B 186,306  1,552 
* Great Wolf Resorts, Inc. 242,823  1,549 
* Stamps.com Inc. 148,197  1,521 
* ValueVision Media, Inc. 268,477  1,487 
*^ Krispy Kreme Doughnuts, Inc. 483,908  1,476 
* MTR Gaming Group Inc. 205,746  1,440 
* Select Comfort Corp. 398,739  1,435 
   Lithia Motors, Inc. 140,603  1,429 
*^ Tuesday Morning Corp. 274,379  1,421 
*^ Smith & Wesson Holding Corp. 281,702  1,414 
* Nexcen Brands, Inc. 409,953  1,406 
^ Stein Mart, Inc. 245,612  1,380 
*^ Six Flags, Inc. 831,740  1,364 
* Westwood One, Inc. 647,617  1,360 
* New York & Co., Inc. 235,562  1,352 
*^ Bluegreen Corp. 192,437  1,289 
* Retail Ventures, Inc. 256,645  1,245 
* Build-A-Bear-Workshop, Inc. 135,900  1,235 
* Harris Interactive Inc. 442,985  1,209 
^ PRIMEDIA Inc. 158,261  1,163 
^ Systemax Inc. 95,125  1,147 
^ Building Materials Holding Corp. 258,052  1,130 
   Dover Downs Gaming & Entertainment, Inc. 130,765  1,113 
*^ LodgeNet Interactive Corp. 182,462  1,111 
* Ruth's Chris Steak House Inc. 156,035  1,078 
*^ Jamba Inc. 392,334  1,040 
*^ Conn's, Inc. 62,747  1,023 
* Radio One, Inc. Class D 661,728  1,006 
*^ WCI Communities, Inc. 295,819  991 
* A.C. Moore Arts & Crafts, Inc. 142,236  970 
* Emmis Communications, Inc. 269,919  939 
*^ Trump Entertainment Resorts, Inc. 259,872  936 
^ Marine Products Corp. 114,656  926 
^ Nautilus Inc. 276,830  911 
   Triarc Cos., Inc. Class A 140,075  903 
*^ Isle of Capri Casinos, Inc. 119,651  856 
   Arctic Cat, Inc. 98,886  721 
* Town Sports International Holdings, Inc. 104,274  668 
*^ Palm Harbor Homes, Inc. 89,880  473 
^ Bon-Ton Stores, Inc. 64,499  353 
*^ Heelys Inc. 73,314  315 
*^ Magna Entertainment Corp. Class A 358,988  122 
* Voyager Learning Co. 178 

        1,796,079 

   Consumer Staples (3.6%)
   Church & Dwight, Inc. 581,839  31,559 
   Corn Products International, Inc. 660,850  24,544 
   J.M. Smucker Co. 482,216  24,405 
   Herbalife Ltd. 450,018  21,376 
* BJ's Wholesale Club, Inc. 574,510  20,504 
   Alberto-Culver Co. 737,224  20,207 
   Flowers Foods, Inc. 731,683  18,109 
* Central European Distribution Corp. 303,074  17,636 
   Del Monte Foods Co. 1,787,821  17,038 
   Universal Corp. (VA) 241,287  15,812 
* NBTY, Inc. 501,290  15,014 
*^ Rite Aid Corp. 4,914,360  14,448 
   Ruddick Corp. 341,313  12,581 
* Ralcorp Holdings, Inc. 215,033  12,504 
   Longs Drug Stores, Inc. 266,326  11,308 
* Hain Celestial Group, Inc. 350,703  10,346 
* Performance Food Group Co. 312,832  10,223 
*^ Chattem, Inc. 142,398  9,447 
* Darling International, Inc. 718,241  9,301 
   Casey's General Stores, Inc. 401,984  9,085 
   Nu Skin Enterprises, Inc. 486,076  8,759 
*^ Chiquita Brands International, Inc. 376,236  8,695 
* Winn-Dixie Stores, Inc. 475,214  8,535 
   Lancaster Colony Corp. 197,886  7,908 
   Pilgrim's Pride Corp. 381,642  7,721 
* United Natural Foods, Inc. 359,034  6,718 
^ Vector Group Ltd. 372,545  6,553 
* TreeHouse Foods Inc. 275,400  6,296 
   Sanderson Farms, Inc. 160,157  6,088 
   The Andersons, Inc. 134,547  6,002 
* The Great Atlantic & Pacific Tea Co., Inc. 215,508  5,651 
   Seaboard Corp. 3,312  5,183 
* Alliance One International, Inc. 854,682  5,162 
^ Tootsie Roll Industries, Inc. 196,844  4,960 
   WD-40 Co. 141,549  4,707 
*^ Green Mountain Coffee Roasters, Inc. 145,342  4,600 
* Elizabeth Arden, Inc. 229,896  4,586 
* American Oriental Bioengineering, Inc. 530,748  4,299 
* The Pantry, Inc. 196,243  4,137 
* Boston Beer Co., Inc. Class A 85,868  4,082 
   Nash-Finch Co. 119,144  4,049 
   Lance, Inc. 206,544  4,048 
   J & J Snack Foods Corp. 131,725  3,618 
^ Cal-Maine Foods, Inc. 102,764  3,430 
   Weis Markets, Inc. 95,613  3,296 
   Ingles Markets, Inc. 109,043  2,681 
   PriceSmart, Inc. 91,813  2,544 
* Prestige Brands Holdings Inc. 307,767  2,518 
   Reddy Ice Holdings, Inc. 191,993  2,502 
   Coca-Cola Bottling Co. 34,963  2,154 
* Central Garden & Pet Co. Class A 399,332  1,773 
*^ USANA Health Sciences, Inc. 78,360  1,726 
*^ Spectrum Brands Inc. 349,213  1,596 
   Farmer Brothers, Inc. 63,859  1,478 
   Alico, Inc. 32,538  1,437 
* Revlon, Inc. Class A 1,265,838  1,228 
^ Mannatech, Inc. 139,357  994 
* Central Garden and Pet Co. 194,680  897 
   National Beverage Corp. 102,042  783 
*^ Jones Soda Co. 220,216  769 

        489,610 

   Energy (9.0%)
   Cabot Oil & Gas Corp. 857,026  43,571 
   Helmerich & Payne, Inc. 913,449  42,813 
* Forest Oil Corp. 699,858  34,265 
* Quicksilver Resources, Inc. 907,049  33,135 
* Oceaneering International, Inc. 485,841  30,608 
* Petrohawk Energy Corp. 1,504,684  30,349 
* Kinder Morgan Management, LLC 575,486  29,333 
* Superior Energy Services, Inc. 710,818  28,163 
   Massey Energy Co. 702,430  25,639 
   Tidewater Inc. 460,073  25,355 
* Alpha Natural Resources, Inc. 579,049  25,154 
* Core Laboratories N.V. 205,862  24,559 
* Whiting Petroleum Corp. 375,118  24,251 
* Helix Energy Solutions Group, Inc. 766,182  24,135 
* Unit Corp. 409,468  23,196 
* Atwood Oceanics, Inc. 251,227  23,043 
   St. Mary Land & Exploration Co. 554,634  21,353 
* Dresser Rand Group, Inc. 681,413  20,953 
   Foundation Coal Holdings, Inc. 399,158  20,090 
* Mariner Energy Inc. 730,897  19,742 
* Oil States International, Inc. 420,144  18,827 
* Hercules Offshore, Inc. 744,583  18,704 
* W-H Energy Services, Inc. 270,453  18,621 
* Encore Acquisition Co. 454,808  18,320 
   Overseas Shipholding Group Inc. 261,402  18,309 
   Holly Corp. 415,042  18,017 
* SEACOR Holdings Inc. 193,824  16,545 
* Comstock Resources, Inc. 392,307  15,810 
   Berry Petroleum Class A 335,826  15,613 
   Penn Virginia Corp. 334,485  14,747 
* Carrizo Oil & Gas, Inc. 240,073  14,229 
* Continental Resources, Inc. 445,141  14,196 
* Dril-Quip, Inc. 302,919  14,077 
* EXCO Resources, Inc. 737,476  13,643 
*^ Delta Petroleum Corp. 588,278  13,260 
* Global Industries Ltd. 812,055  13,066 
   Atlas America, Inc. 213,465  12,902 
* Stone Energy Corp. 234,758  12,280 
* Bill Barrett Corp. 256,331  12,112 
* Swift Energy Co. 265,271  11,935 
   Crosstex Energy, Inc. 345,519  11,730 
* Arena Resources, Inc. 285,830  11,064 
* Patriot Coal Corp. 234,260  11,003 
* Grey Wolf, Inc. 1,617,141  10,964 
* Bristow Group, Inc. 199,128  10,687 
* TETRA Technologies, Inc. 655,635  10,385 
* Willbros Group, Inc. 318,174  9,736 
   W&T Offshore, Inc. 269,472  9,192 
* Petroleum Development Corp. 131,400  9,102 
* ION Geophysical Corp. 646,437  8,921 
* Gulfmark Offshore, Inc. 162,149  8,873 
* Complete Production Services, Inc. 386,691  8,871 
* Hornbeck Offshore Services, Inc. 194,168  8,868 
* Rosetta Resources, Inc. 449,420  8,840 
*^ BPZ Energy, Inc. 394,371  8,570 
   Lufkin Industries, Inc. 129,683  8,276 
* ATP Oil & Gas Corp. 252,167  8,251 
*^ Cheniere Energy, Inc. 398,093  7,882 
* Contango Oil & Gas Co. 120,362  7,777 
*^ International Coal Group, Inc. 1,146,312  7,279 
* Pioneer Drilling Co. 438,014  6,978 
^ CARBO Ceramics Inc. 173,125  6,942 
* NATCO Group Inc. 146,149  6,832 
* Parallel Petroleum Corp. 345,755  6,766 
   World Fuel Services Corp. 239,648  6,727 
*^ Oilsands Quest, Inc. 1,682,264  6,628 
* PetroQuest Energy, Inc. 370,214  6,420 
* Parker Drilling Co. 987,417  6,379 
*^ McMoRan Exploration Co. 359,808  6,221 
   General Maritime Corp. 251,979  5,949 
* Warren Resources Inc. 487,924  5,792 
*^ Enbridge Energy Management LLC 105,328  5,122 
*^ Goodrich Petroleum Corp. 169,678  5,104 
^ RPC Inc. 303,099  4,604 
* T-3 Energy Services, Inc. 102,439  4,360 
* Dawson Geophysical Co. 64,140  4,329 
* Cal Dive International, Inc. 414,669  4,304 
* Trico Marine Services, Inc. 105,837  4,124 
* Newpark Resources, Inc. 792,749  4,043 
* Matrix Service Co. 234,210  4,024 
* Basic Energy Services Inc. 180,972  3,996 
* Bois d'Arc Energy, Inc. 175,460  3,771 
* Harvest Natural Resources, Inc. 308,764  3,724 
^ Western Refining, Inc. 269,620  3,632 
*^ USEC Inc. 976,788  3,614 
* PHI Inc. Non-Voting Shares 109,963  3,468 
   Gulf Island Fabrication, Inc. 113,117  3,249 
* Superior Well Services, Inc. 145,813  3,189 
* Bronco Drilling Co., Inc. 183,260  2,952 
*^ Allis-Chalmers Energy Inc. 200,135  2,760 
*^ VeraSun Energy Corp. 370,930  2,726 
*^ GMX Resources Inc. 76,605  2,676 
* Gulfport Energy Corp. 242,139  2,567 
* Energy Partners, Ltd. 253,468  2,400 
* Brigham Exploration Co. 386,082  2,344 
* Veneco Inc. 178,999  2,080 
*^ Uranium Resources Inc. 321,429  1,925 
*^ OYO Geospace Corp. 40,914  1,858 
* US BioEnergy Corp. 314,797  1,857 
* Clean Energy Fuels Corp. 135,596  1,812 
*^ SulphCo, Inc. 415,461  1,732 
^ Alon USA Energy, Inc. 102,395  1,557 
   Delek US Holdings, Inc. 118,068  1,496 
*^ Aventine Renewable Energy Holdings, Inc. 275,857  1,434 
*^ Pacific Ethanol, Inc. 285,812  1,258 
* Rentech, Inc. 1,286,442  1,145 
*^ Evergreen Energy, Inc. 706,369  1,088 
*^ Verenium Corp. 276,257  972 
*^ GeoGlobal Resources Inc. 316,466  883 

        1,221,004 

   Financials (18.8%)
   Health Care Inc. REIT 719,435  32,468 
   Rayonier Inc. REIT 689,098  29,934 
   Nationwide Health Properties, Inc. REIT 820,268  27,684 
   Alexandria Real Estate Equities, Inc. REIT 281,118  26,065 
   Essex Property Trust, Inc. REIT 222,082  25,313 
   Jones Lang LaSalle Inc. 326,603  25,259 
   Cullen/Frost Bankers, Inc. 464,506  24,637 
   Taubman Co. REIT 464,343  24,192 
* Affiliated Managers Group, Inc. 263,683  23,927 
   Waddell & Reed Financial, Inc. 736,113  23,651 
^ Realty Income Corp. REIT 892,084  22,855 
   Bank of Hawaii Corp. 432,515  21,435 
   Mack-Cali Realty Corp. REIT 599,311  21,401 
   StanCorp Financial Group, Inc. 437,147  20,856 
   BRE Properties Inc. Class A REIT 447,965  20,409 
   Senior Housing Properties Trust REIT 832,440  19,729 
   Arthur J. Gallagher & Co. 829,117  19,584 
   Aspen Insurance Holdings Ltd. 739,387  19,505 
^ Valley National Bancorp 1,006,088  19,327 
   Digital Realty Trust, Inc. REIT 543,307  19,287 
   The Hanover Insurance Group Inc. 458,270  18,853 
   Fulton Financial Corp. 1,530,892  18,815 
* Investment Technology Group, Inc. 387,191  17,880 
   Wilmington Trust Corp. 567,308  17,643 
   Washington Federal Inc. 772,014  17,633 
   Endurance Specialty Holdings Ltd. 480,780  17,597 
* Philadelphia Consolidated Holding Corp. 539,685  17,378 
   Douglas Emmett, Inc. REIT 775,672  17,111 
* Liberty Media Corp.-Capital Series A 1,087,046  17,110 
* Conseco, Inc. 1,645,177  16,781 
^ Apollo Investment Corp. 1,053,312  16,674 
   Platinum Underwriters Holdings, Ltd. 504,882  16,388 
* Alleghany Corp. 47,668  16,279 
   Erie Indemnity Co. Class A 307,748  15,754 
   Susquehanna Bancshares, Inc. 752,803  15,335 
   Jefferies Group, Inc. 942,172  15,197 
   BancorpSouth, Inc. 653,044  15,124 
   IPC Holdings Ltd. 533,553  14,939 
   Post Properties, Inc. REIT 386,004  14,907 
   Highwood Properties, Inc. REIT 479,283  14,891 
   Reinsurance Group of America, Inc. 273,196  14,873 
   DCT Industrial Trust Inc. REIT 1,486,549  14,806 
   FirstMerit Corp. 709,806  14,665 
*^ E*TRADE Financial Corp. 3,738,424  14,430 
   Commerce Group, Inc. 397,835  14,346 
   Potlatch Corp. REIT 345,356  14,253 
   Kilroy Realty Corp. REIT 288,711  14,179 
   Home Properties, Inc. REIT 294,064  14,112 
   Whitney Holdings Corp. 567,711  14,074 
   National Retail Properties REIT 634,367  13,988 
* ProAssurance Corp. 259,177  13,951 
^ Ambac Financial Group, Inc. 2,403,908  13,822 
   BioMed Realty Trust, Inc. REIT 577,658  13,800 
   Washington REIT 412,045  13,771 
   Montpelier Re Holdings Ltd. 857,493  13,763 
   Allied World Assurance Holdings, Ltd. 343,917  13,654 
^ Westamerica Bancorporation 258,644  13,605 
   HRPT Properties Trust REIT 1,990,268  13,395 
   Corporate Office Properties Trust, Inc. REIT 397,342  13,355 
* Knight Capital Group, Inc. Class A 814,408  13,226 
   Entertainment Properties Trust REIT 267,518  13,197 
   Webster Financial Corp. 472,050  13,156 
   CBL & Associates Properties, Inc. REIT 550,809  12,961 
* SVB Financial Group 292,435  12,762 
   First Niagara Financial Group, Inc. 928,464  12,618 
   Assured Guaranty Ltd. 526,094  12,489 
   Brandywine Realty Trust REIT 728,404  12,354 
^ First Industrial Realty Trust REIT 394,446  12,184 
   First Midwest Bancorp, Inc. 428,923  11,911 
   Zenith National Insurance Corp. 327,377  11,740 
   Healthcare Realty Trust Inc. REIT 447,193  11,694 
   The Phoenix Cos., Inc. 957,649  11,693 
   Delphi Financial Group, Inc. 386,097  11,286 
   Selective Insurance Group 468,533  11,189 
^ MGIC Investment Corp. 1,053,930  11,098 
   National Penn Bancshares Inc. 607,285  11,047 
   NewAlliance Bancshares, Inc. 883,842  10,836 
   Mercury General Corp. 241,154  10,686 
   Mid-America Apartment Communities, Inc. REIT 214,083  10,670 
   Tanger Factory Outlet Centers, Inc. REIT 276,077  10,621 
   UMB Financial Corp. 257,238  10,598 
   Omega Healthcare Investors, Inc. REIT 600,564  10,426 
   Hilb, Rogal and Hamilton Co. 326,867  10,287 
   International Bancshares Corp. 454,498  10,263 
   LaSalle Hotel Properties REIT 354,422  10,183 
*^ AmeriCredit Corp. 1,007,657  10,147 
   Equity Lifestyle Properties, Inc. REIT 203,969  10,070 
   DiamondRock Hospitality Co. REIT 794,598  10,068 
   East West Bancorp, Inc. 556,331  9,875 
   Max Re Capital Ltd. 372,795  9,764 
   EastGroup Properties, Inc. REIT 209,954  9,754 
* Argo Group International Holdings 270,077  9,593 
   The South Financial Group, Inc. 639,153  9,498 
   Colonial Properties Trust REIT 394,860  9,496 
   Old National Bancorp 525,291  9,455 
   Cash America International Inc. 257,641  9,378 
   United Bankshares, Inc. 343,665  9,159 
* Interactive Brokers Group, Inc. 353,772  9,081 
   Odyssey Re Holdings Corp. 246,023  9,041 
^ Greenhill & Co., Inc. 129,805  9,029 
   American Financial Realty Trust REIT 1,135,772  9,018 
   Trustmark Corp. 404,719  9,017 
   Prosperity Bancshares, Inc. 311,922  8,940 
   Extra Space Storage Inc. REIT 547,555  8,865 
   Hancock Holding Co. 209,209  8,791 
   R.L.I. Corp. 174,459  8,648 
   Strategic Hotels and Resorts, Inc. REIT 656,411  8,619 
^ Redwood Trust, Inc. REIT 235,397  8,557 
^ Cousins Properties, Inc. REIT 343,086  8,478 
   Pennsylvania REIT 344,048  8,391 
   Sunstone Hotel Investors, Inc. REIT 523,988  8,389 
   Pacific Capital Bancorp 389,268  8,369 
   Inland Real Estate Corp. REIT 549,730  8,361 
   F.N.B. Corp. 534,050  8,337 
   Citizens Banking Corp. 667,022  8,291 
   MFA Mortgage Investments, Inc. REIT 1,303,967  8,215 
^ Umpqua Holdings Corp. 528,984  8,205 
   GFI Group Inc. 142,772  8,181 
   Glacier Bancorp, Inc. 426,363  8,173 
   Sovran Self Storage, Inc. REIT 190,987  8,157 
   Employers Holdings, Inc. 438,288  8,126 
   Ares Capital Corp. 642,354  8,074 
   Equity One, Inc. REIT 325,822  7,810 
   First Charter Corp. 291,606  7,789 
   Cathay General Bancorp 374,124  7,756 
* Forestar Real Estate Group, Inc. 311,309  7,755 
   Lexington Realty Trust REIT 533,798  7,692 
   MB Financial, Inc. 248,692  7,655 
*^ Enstar Group Ltd. 68,082  7,575 
   Franklin Street Properties Corp. REIT 528,926  7,574 
   optionsXpress Holdings Inc. 361,033  7,477 
   Capitol Federal Financial 196,734  7,374 
   PS Business Parks, Inc. REIT 141,376  7,337 
^ National Financial Partners Corp. 325,025  7,303 
   Midland Co. 111,124  7,215 
   UCBH Holdings, Inc. 920,021  7,139 
   Alfa Corp. 320,668  7,048 
   First BanCorp Puerto Rico 693,276  7,044 
   Provident Financial Services Inc. 487,457  6,893 
   Wintrust Financial Corp. 196,151  6,855 
   United Fire & Casualty Co. 181,243  6,778 
^ First Commonwealth Financial Corp. 580,995  6,734 
* Investors Bancorp, Inc. 438,233  6,727 
   Sterling Financial Corp. 430,715  6,723 
   Horace Mann Educators Corp. 382,337  6,683 
   American Campus Communities, Inc. REIT 240,978  6,593 
^ Park National Corp. 93,009  6,590 
   Acadia Realty Trust REIT 270,033  6,521 
   National Health Investors REIT 207,994  6,500 
* Navigators Group, Inc. 118,984  6,473 
   Medical Properties Trust Inc. REIT 571,427  6,469 
   First Citizens BancShares Class A 46,280  6,449 
   Sterling Bancshares, Inc. 643,851  6,400 
* Signature Bank 248,580  6,339 
   FelCor Lodging Trust, Inc. REIT 523,567  6,299 
   First Community Bancorp 234,445  6,295 
* Alexander's, Inc. REIT 17,747  6,291 
^ Frontier Financial Corp. 350,278  6,193 
   Community Bank System, Inc. 249,157  6,119 
   Infinity Property & Casualty Corp. 144,294  6,003 
   NBT Bancorp, Inc. 270,139  5,997 
   S & T Bancorp, Inc. 184,051  5,921 
^ TrustCo Bank NY 665,405  5,915 
   Ashford Hospitality Trust REIT 1,028,558  5,842 
   City Holding Co. 145,176  5,793 
   CVB Financial Corp. 552,386  5,750 
^ Portfolio Recovery Associates, Inc. 133,514  5,726 
   Brookline Bancorp, Inc. 498,223  5,720 
* FCStone Group, Inc. 205,739  5,699 
^ United Community Banks, Inc. 335,107  5,690 
   First Financial Bankshares, Inc. 137,629  5,640 
^ PrivateBancorp, Inc. 170,977  5,381 
* Stifel Financial Corp. 117,774  5,288 
   MCG Capital Corp. 578,282  5,257 
* Piper Jaffray Cos., Inc. 154,223  5,237 
^ LandAmerica Financial Group, Inc. 130,497  5,151 
*^ KBW Inc. 232,710  5,131 
^ First Busey Corp. 242,302  5,117 
   Parkway Properties Inc. REIT 136,730  5,054 
   Central Pacific Financial Co. 263,618  4,969 
^ Gramercy Capital Corp. REIT 237,365  4,968 
   WesBanco, Inc. 200,714  4,960 
   U-Store-It Trust REIT 433,679  4,914 
* Dollar Financial Corp. 213,531  4,911 
   Investors Real Estate Trust REIT 490,038  4,793 
^ Maguire Properties, Inc. REIT 333,144  4,767 
   Bank Mutual Corp. 441,453  4,741 
   Saul Centers, Inc. REIT 93,837  4,714 
   Northwest Bancorp, Inc. 172,186  4,706 
   Financial Federal Corp. 215,746  4,705 
   OneBeacon Insurance Group Ltd. 245,874  4,677 
   Radian Group, Inc. 710,122  4,666 
   Tower Group, Inc. 183,707  4,624 
   Cedar Shopping Centers, Inc. REIT 390,834  4,565 
   Chemical Financial Corp. 190,477  4,541 
* PICO Holdings, Inc. 150,007  4,535 
^ NorthStar Realty Finance Corp. REIT 545,771  4,459 
   Provident New York Bancorp, Inc. 327,796  4,425 
   Harleysville Group, Inc. 119,773  4,323 
^ The First Marblehead Corp. 578,389  4,315 
* World Acceptance Corp. 133,602  4,255 
   National Western Life Insurance Co. Class A 19,566  4,242 
   IBERIABANK Corp. 95,375  4,220 
   Stewart Information Services Corp. 150,369  4,209 
   American Equity Investment Life Holding Co. 451,553  4,190 
   The PMI Group Inc. 717,877  4,178 
   LTC Properties, Inc. REIT 162,293  4,173 
* Hilltop Holdings Inc. 399,728  4,157 
   First Merchants Corp. 145,240  4,145 
   Safety Insurance Group, Inc. 121,028  4,131 
   Sandy Spring Bancorp, Inc. 145,392  4,001 
   Glimcher Realty Trust REIT 331,888  3,969 
   Renasant Corp. 176,295  3,967 
   Anworth Mortgage Asset Corp. REIT 635,799  3,897 
* Tejon Ranch Co. 104,078  3,884 
   American Physicians Capital, Inc. 83,763  3,883 
   Amtrust Financial Services Inc. 238,321  3,863 
^ Newcastle Investment Corp. REIT 467,271  3,860 
   Sterling Financial Corp. (PA) 220,507  3,848 
   Amcore Financial, Inc. 187,717  3,820 
   Harleysville National Corp. 262,311  3,783 
   First Financial Bancorp 281,213  3,782 
   Cohen & Steers, Inc. 140,296  3,716 
   Independent Bank Corp. (MA) 125,423  3,706 
^ Anthracite Capital Inc. REIT 559,408  3,692 
   State Auto Financial Corp. 126,150  3,675 
   Dime Community Bancshares 209,878  3,669 
   Flagstone Reinsurance Holdings Ltd. 300,416  3,635 
   Kite Realty Group Trust REIT 255,915  3,583 
* United America Indemnity, Ltd. 185,655  3,576 
^ Capital Trust Class A REIT 132,596  3,573 
^ RAIT Financial Trust REIT 513,721  3,565 
* EZCORP, Inc. 287,877  3,544 
   Columbia Banking System, Inc. 158,030  3,537 
^ IndyMac Bancorp, Inc. 712,797  3,535 
* Texas Capital Bancshares, Inc. 208,080  3,512 
   Boston Private Financial Holdings, Inc. 331,378  3,509 
   Community Trust Bancorp Inc. 119,690  3,507 
   Ramco-Gershenson Properties Trust REIT 162,409  3,428 
   Presidential Life Corp. 195,020  3,401 
^ Downey Financial Corp. 183,866  3,379 
* Guaranty Financial Group, Inc. 312,480  3,319 
   Universal Health Realty Income REIT 98,945  3,295 
   First Potomac REIT 213,486  3,281 
*^ First Federal Financial Corp. 120,710  3,277 
   FBL Financial Group, Inc. Class A 114,094  3,251 
*^ Beneficial Mutual Bancorp, Inc. 328,066  3,245 
   Education Realty Trust, Inc. REIT 252,451  3,173 
*^ Greenlight Capital Re. Ltd. 170,516  3,172 
   Sun Communities, Inc. REIT 153,727  3,151 
   Castlepoint Holdings Ltd. 322,359  3,137 
   Omega Financial Corp. 100,271  3,128 
   Advance America, Cash Advance Centers, Inc. 407,248  3,075 
   Calamos Asset Management, Inc. 187,497  3,052 
   First Community Bancshares, Inc. 83,649  3,046 
   BankFinancial Corp. 191,005  3,039 
   CapLease, Inc. REIT 389,883  3,029 
   Anchor Bancorp Wisconsin Inc. 159,498  3,026 
   GMH Communities Trust REIT 347,565  3,017 
   Provident Bankshares Corp. 280,354  3,011 
* Pinnacle Financial Partners, Inc. 117,245  3,001 
   Capital Southwest Corp. 24,130  2,985 
   Washington Trust Bancorp, Inc. 118,175  2,933 
   Simmons First National Corp. 98,153  2,918 
   Tompkins Trustco, Inc. 59,027  2,904 
* eHealth, Inc. 127,598  2,816 
^ Capitol Bancorp Ltd. 130,354  2,756 
* MarketAxess Holdings, Inc. 272,734  2,711 
^ Capital City Bank Group, Inc. 93,002  2,697 
   Nara Bancorp, Inc. 207,387  2,694 
   SWS Group, Inc. 219,561  2,685 
* Centennial Bank Holdings Inc. 426,109  2,676 
   First Financial Corp. (IN) 86,729  2,670 
   Bank of the Ozarks, Inc. 111,314  2,660 
^ City Bank Lynnwood (WA) 117,884  2,625 
^ Corus Bankshares Inc. 266,919  2,597 
   Hanmi Financial Corp. 351,108  2,595 
^ Arbor Realty Trust, Inc. REIT 170,927  2,578 
   Compass Diversified Trust 195,773  2,574 
   Old Second Bancorp, Inc. 96,679  2,568 
   WSFS Financial Corp. 52,031  2,564 
* First Cash Financial Services, Inc. 243,113  2,511 
^ Univest Corp. of Pennsylvania 95,730  2,507 
   First Source Corp. 117,569  2,475 
   BancFirst Corp. 54,039  2,474 
   Gamco Investors Inc. Class A 49,010  2,468 
   Getty Realty Holding Corp. REIT 152,262  2,426 
^ S.Y. Bancorp, Inc. 103,308  2,401 
* CNA Surety Corp. 155,680  2,394 
   Integra Bank Corp. 145,520  2,357 
   Sterling Bancorp 148,630  2,308 
   Banner Corp. 99,651  2,296 
   Flagstar Bancorp, Inc. 317,606  2,293 
   First Financial Holdings, Inc. 97,108  2,278 
   Urstadt Biddle Properties Class A REIT 143,489  2,257 
   First State Bancorporation 168,283  2,253 
*^ Western Alliance Bancorp 171,391  2,204 
   Midwest Banc Holdings, Inc. 171,268  2,189 
^ Union Bankshares Corp. 112,159  2,173 
^ Heartland Financial USA, Inc. 101,006  2,137 
* LaBranche & Co. Inc. 486,809  2,118 
   TriCo Bancshares 118,705  2,055 
   CoBiz Inc. 152,761  1,989 
* TradeStation Group, Inc. 232,379  1,980 
   Friedman, Billings, Ramsey Group, Inc. REIT 1,160,752  1,973 
   Nelnet, Inc. 166,944  1,962 
^ Crystal River Capital Inc. REIT 217,721  1,944 
   West Coast Bancorp 130,640  1,906 
   First Place Financial Corp. 145,985  1,898 
*^ Oritani Financial Corp. 125,102  1,898 
   Independent Bank Corp. (MI) 178,762  1,856 
*^ Virginia Commerce Bancorp, Inc. 160,199  1,839 
^ JER Investors Trust Inc. REIT 216,153  1,833 
   Donegal Group Inc. Class A 103,590  1,802 
^ Cascade Bancorp 185,810  1,776 
   Kearny Financial Corp. 156,675  1,716 
   Baldwin & Lyons, Inc. Class B 66,173  1,699 
   ViewPoint Financial Group 99,819  1,648 
* FBR Capital Markets Corp. 232,393  1,569 
   Advanta Corp. Class B 218,944  1,539 
   TierOne Corp. 135,701  1,531 
^ PFF Bancorp, Inc. 180,409  1,501 
   BankAtlantic Bancorp, Inc. Class A 383,560  1,500 
   Republic Bancorp, Inc. Class A 78,396  1,480 
* Ocwen Financial Corp. 328,682  1,459 
^ Thornburg Mortgage, Inc. REIT 1,325,683  1,405 
   United Community Financial Corp. 226,406  1,404 
^ BankUnited Financial Corp. 277,004  1,388 
^ Seacoast Banking Corp. of Florida 126,152  1,381 
   BlackRock Kelso Capital Corp. 114,333  1,365 
   Resource America, Inc. 138,696  1,311 
^ ASTA Funding, Inc. 91,340  1,272 
^ Roma Financial Corp. 83,652  1,247 
   Great Southern Bancorp, Inc. 77,388  1,208 
* Darwin Professional Underwriters, Inc. 52,912  1,190 
   National Interstate Corp. 50,418  1,177 
   Wilshire Bancorp Inc. 153,569  1,173 
^ W Holding Co., Inc. 1,057,202  1,163 
* NewStar Financial, Inc. 223,677  1,159 
*^ CompuCredit Corp. 130,124  1,154 
* Penson Worldwide, Inc. 111,477  1,029 
*^ Credit Acceptance Corp. 66,216  1,028 
   Center Financial Corp. 110,339  1,000 
*^ Wauwatosa Holdings, Inc. 82,409  981 
* Meruelo Maddux Properties Inc. 376,439  956 
   Asset Acceptance Capital Corp. 93,672  902 
   Irwin Financial Corp. 167,878  891 
^ Life Partners Holdings 47,418  875 
   Taylor Capital Group, Inc. 51,586  847 
* Thomas Weisel Partners Group, Inc. 112,010  742 
*^ Franklin Bank Corp. 215,259  652 
*^ Primus Guaranty, Ltd. 176,983  634 
   Advanta Corp. Class A 93,928  562 
*^ Triad Guaranty, Inc. 104,912  525 
* FX Real Estate and Entertainment Inc. 86,447  508 
* First Acceptance Corp. 166,468  474 
^ Deerfield Capital Corp. 341,104  471 
   Urstadt Biddle Properties REIT 23,513  382 
*^ Fremont General Corp. 600,198  300 
^ Security Capital Assurance, Ltd. 316,584  161 
* Ares Capital Corp. Rights Exp. 4/21/08 213,451  120 
* MCG Capital Corp. Rights Exp. 4/18/08 82,499  88 
* FX Real Estate and Entertainment, Inc. Rights Exp. 4/11/08 43,067 
* CSF Holdings Inc. Contingent Litigation Rights 29,125 

        2,558,621 

   Health Care (10.8%)
* Illumina, Inc. 484,759  36,793 
* BioMarin Pharmaceutical Inc. 854,573  30,226 
* ResMed Inc. 682,599  28,792 
* Pediatrix Medical Group, Inc. 426,818  28,768 
* IDEXX Laboratories Corp. 539,718  26,587 
   Perrigo Co. 701,596  26,471 
* Watson Pharmaceuticals, Inc. 869,072  25,481 
   PerkinElmer, Inc. 1,046,147  25,369 
* Tenet Healthcare Corp. 4,185,931  23,692 
   Universal Health Services Class B 441,180  23,687 
* Gen-Probe Inc. 474,788  22,885 
* Techne Corp. 331,172  22,308 
* Edwards Lifesciences Corp. 500,145  22,281 
* VCA Antech, Inc. 743,263  20,328 
* OSI Pharmaceuticals, Inc. 512,209  19,151 
* Alexion Pharmaceuticals, Inc. 315,183  18,690 
*^ Inverness Medical Innovations, Inc. 562,995  16,946 
* Psychiatric Solutions, Inc. 485,029  16,452 
* United Therapeutics Corp. 187,394  16,247 
*^ Myriad Genetics, Inc. 387,990  15,632 
* Varian, Inc. 268,311  15,541 
* HLTH Corp. 1,612,549  15,384 
   STERIS Corp. 559,682  15,016 
* Bio-Rad Laboratories, Inc. Class A 163,734  14,564 
   Owens & Minor, Inc. Holding Co. 359,880  14,158 
* Onyx Pharmaceuticals, Inc. 486,370  14,119 
* Magellan Health Services, Inc. 351,216  13,940 
   Cooper Cos., Inc. 395,413  13,614 
* LifePoint Hospitals, Inc. 487,119  13,381 
* Haemonetics Corp. 224,020  13,347 
* Immucor Inc. 616,947  13,166 
* AMERIGROUP Corp. 469,270  12,825 
* PAREXEL International Corp. 490,414  12,800 
* Dionex Corp. 164,493  12,664 
   West Pharmaceutical Services, Inc. 285,168  12,613 
*^ HealthSouth Corp. 695,343  12,370 
* LifeCell Corp. 285,363  11,994 
* Cepheid, Inc. 489,479  11,938 
* Health Management Associates Class A 2,143,506  11,339 
   Meridian Bioscience Inc. 334,792  11,192 
* Healthways, Inc. 314,156  11,102 
* PDL BioPharma Inc. 1,032,335  10,932 
*^ Advanced Medical Optics, Inc. 534,059  10,841 
*^ Isis Pharmaceuticals, Inc. 767,736  10,833 
* Nuvasive, Inc. 309,586  10,684 
* Alkermes, Inc. 899,222  10,683 
* Affymetrix, Inc. 609,162  10,605 
*^ Valeant Pharmaceuticals International 803,357  10,307 
* Regeneron Pharmaceuticals, Inc. 536,375  10,293 
* Applera Corp.-Celera Genomics Group 699,514  10,283 
* Alpharma, Inc. Class A 385,622  10,107 
   Medicis Pharmaceutical Corp. 496,766  9,781 
* PSS World Medical, Inc. 570,929  9,512 
*^ Savient Pharmaceuticals Inc. 473,276  9,466 
* Medarex, Inc. 1,067,647  9,449 
* Cubist Pharmaceuticals, Inc. 495,458  9,126 
* Amedisys Inc. 231,011  9,088 
* Sunrise Senior Living, Inc. 401,583  8,947 
   Chemed Corp. 210,902  8,900 
* The Medicines Co. 434,291  8,773 
* Martek Biosciences Corp. 285,587  8,730 
*^ American Medical Systems Holdings, Inc. 606,778  8,610 
* Eclipsys Corp. 426,809  8,370 
*^ ArthroCare Corp. 246,270  8,213 
   Analogic Corp. 117,903  7,845 
* inVentiv Health, Inc. 270,520  7,794 
* Wright Medical Group, Inc. 318,694  7,693 
* Apria Healthcare Group Inc. 385,432  7,612 
*^ Integra LifeSciences Holdings 174,321  7,578 
   Mentor Corp. 285,111  7,333 
* Xenoport Inc. 176,283  7,134 
* Incyte Corp. 669,073  7,032 
* HealthExtras, Inc. 281,364  6,989 
* Auxilium Pharmaceuticals, Inc. 248,865  6,655 
* Human Genome Sciences, Inc. 1,127,936  6,644 
* AmSurg Corp. 274,376  6,497 
* CONMED Corp. 252,834  6,483 
* Exelixis, Inc. 923,551  6,419 
* The TriZetto Group, Inc. 382,510  6,384 
* Thoratec Corp. 429,520  6,138 
*^ Alnylam Pharmaceuticals Inc. 251,493  6,136 
*^ K-V Pharmaceutical Co. Class A 240,442  6,001 
* Kindred Healthcare, Inc. 270,438  5,914 
* Omnicell, Inc. 289,369  5,816 
   Invacare Corp. 259,033  5,771 
* Phase Forward Inc. 335,862  5,737 
* Bruker BioSciences Corp. 372,361  5,731 
*^ Luminex Corp. 290,871  5,716 
* AMAG Pharmaceuticals, Inc. 141,367  5,715 
*^ Align Technology, Inc. 514,350  5,714 
* Nektar Therapeutics 813,631  5,647 
*^ SurModics, Inc. 134,706  5,641 
* Healthspring, Inc. 396,827  5,587 
* Sciele Pharma, Inc. 283,358  5,525 
* ViroPharma Inc. 617,769  5,523 
* HMS Holdings Corp. 192,977  5,509 
* Centene Corp. 384,012  5,353 
* Orthofix International N.V. 134,498  5,349 
*^ Kendle International Inc. 115,876  5,205 
* Par Pharmaceutical Cos. Inc. 298,483  5,191 
* Gentiva Health Services, Inc. 234,913  5,112 
* Seattle Genetics, Inc. 548,074  4,987 
* Allscripts Healthcare Solutions, Inc. 476,879  4,921 
* Conceptus, Inc. 261,079  4,846 
* Acorda Therapeutics Inc. 267,898  4,809 
   Datascope Corp. 115,874  4,801 
* Zoll Medical Corp. 180,441  4,798 
* Symmetry Medical Inc. 281,768  4,677 
* Air Methods Corp. 95,699  4,629 
* AMN Healthcare Services, Inc. 298,438  4,602 
*^ Sirona Dental Systems Inc. 168,736  4,551 
* Sun Healthcare Group Inc. 342,995  4,507 
* eResearch Technology, Inc. 357,989  4,446 
* Abaxis, Inc. 190,285  4,409 
* Arena Pharmaceuticals, Inc. 635,240  4,345 
*^ Theravance, Inc. 410,692  4,325 
* Matria Healthcare, Inc. 189,545  4,227 
* PharMerica Corp. 254,871  4,223 
* SonoSite, Inc. 147,795  4,202 
* Universal American Corp. 394,791  4,185 
* Quidel Corp. 258,780  4,156 
* Abraxis BioScience 70,216  4,148 
*^ ev3 Inc. 505,243  4,113 
   Landauer, Inc. 81,471  4,101 
*^ InterMune Inc. 276,151  4,026 
* Pharmanet Development Group, Inc. 158,767  4,006 
* Emeritus Corp. 189,674  3,957 
* CV Therapeutics, Inc. 528,233  3,766 
*^ Halozyme Therapeutics Inc. 580,321  3,691 
* Greatbatch, Inc. 198,910  3,662 
* Merit Medical Systems, Inc. 229,443  3,632 
*^ Dendreon Corp. 748,658  3,609 
   Vital Signs, Inc. 70,116  3,551 
* Res-Care, Inc. 205,295  3,521 
* Cyberonics, Inc. 237,223  3,440 
* APP Pharmaceuticals, Inc. 280,452  3,388 
* Cross Country Healthcare, Inc. 266,683  3,299 
*^ Zymogenetics, Inc. 334,057  3,274 
*^ Geron Corp. 667,289  3,256 
*^ Sangamo BioSciences, Inc. 317,756  3,228 
* ICU Medical, Inc. 110,795  3,188 
*^ Medivation Inc. 217,135  3,090 
* Volcano Corp. 247,082  3,089 
   Ligand Pharmaceuticals Inc. Class B 760,676  3,043 
* XOMA Ltd. 1,167,599  3,024 
* OraSure Technologies, Inc. 412,602  3,016 
* Assisted Living Concepts Inc. 507,968  2,992 
*^ MannKind Corp. 492,300  2,939 
* MedCath Corp. 160,101  2,914 
* TomoTherapy, Inc. 196,357  2,818 
*^ Accuray Inc. 360,058  2,812 
* Array BioPharma Inc. 396,718  2,781 
*^ Molina Healthcare Inc. 112,266  2,742 
* Indevus Pharmaceuticals, Inc. 574,595  2,741 
   National Healthcare Corp. 55,633  2,709 
* Enzo Biochem, Inc. 291,296  2,648 
* Salix Pharmaceuticals, Ltd. 417,839  2,624 
* Odyssey Healthcare, Inc. 290,131  2,611 
*^ Acadia Pharmaceuticals Inc. 277,093  2,510 
* Albany Molecular Research, Inc. 202,891  2,463 
*^ Genomic Health, Inc. 125,044  2,362 
* Cypress Bioscience, Inc. 329,155  2,357 
* Palomar Medical Technologies, Inc. 152,827  2,308 
*^ Momenta Pharmaceuticals, Inc. 210,136  2,297 
*^ Sirtis Pharmaceuticals Inc. 175,935  2,285 
*^ GTx, Inc. 138,111  2,221 
* Insulet Corp. 150,879  2,173 
*^ Nabi Biopharmaceuticals 538,381  2,164 
*^ Vital Images, Inc. 144,573  2,143 
^ LCA-Vision Inc. 167,294  2,091 
* Noven Pharmaceuticals, Inc. 217,499  1,953 
* Alliance Imaging, Inc. 224,148  1,928 
* Skilled Healthcare Group Inc. 170,912  1,877 
*^ Clinical Data, Inc. 100,980  1,867 
*^ Akorn, Inc. 384,480  1,819 
*^ Neurocrine Biosciences, Inc. 332,628  1,796 
   Cambrex Corp. 257,486  1,784 
*^ Osiris Therapeutics, Inc. 129,427  1,628 
* Cynosure Inc. 74,159  1,580 
*^ Senomyx, Inc. 266,334  1,571 
* Orexigen Therapeutics Inc. 148,796  1,533 
*^ Progenics Pharmaceuticals, Inc. 234,553  1,532 
*^ Stereotaxis Inc. 243,078  1,439 
* Omrix Biopharmaceuticals, Inc. 96,993  1,358 
* Lexicon Pharmaceuticals Inc. 661,523  1,336 
* K-V Pharmaceutical Co. Class B 53,281  1,333 
*^ Hansen Medical Inc. 85,786  1,206 
* Nighthawk Radiology Holdings, Inc. 119,146  1,115 
*^ Affymax Inc. 78,972  1,113 
*^ Aspect Medical Systems, Inc. 133,886  817 
*^ deCODE genetics, Inc. 514,798  788 
* Cadence Pharmaceuticals, Inc. 127,869  761 
*^ Amicus Therapeutics, Inc. 68,432  732 
* Emergent BioSolutions Inc. 51,879  463 
*^ Keryx Biopharmaceuticals, Inc. 363,398  218 
* Northstar Neuroscience, Inc. 125,279  198 

        1,469,723 

   Industrials (16.4%)
   Bucyrus International, Inc. 330,014  33,546 
   Ryder System, Inc. 512,085  31,191 
* Corrections Corp. of America 1,095,781  30,156 
* FTI Consulting, Inc. 423,935  30,116 
* Covanta Holding Corp. 1,086,561  29,880 
* Alliant Techsystems, Inc. 288,438  29,862 
   The Brink's Co. 427,791  28,739 
   Walter Industries, Inc. 457,991  28,684 
* BE Aerospace, Inc. 817,182  28,561 
* General Cable Corp. 463,436  27,375 
* Kansas City Southern 678,697  27,223 
* Kirby Corp. 448,436  25,561 
   Donaldson Co., Inc. 628,979  25,335 
   Landstar System, Inc. 474,511  24,750 
* Copart, Inc. 628,698  24,368 
   Lincoln Electric Holdings, Inc. 361,008  23,281 
* URS Corp. 703,600  23,001 
   IDEX Corp. 718,946  22,064 
   The Timken Co. 718,296  21,348 
   Watson Wyatt & Co. Holdings 375,269  21,297 
   DRS Technologies, Inc. 363,369  21,177 
* IHS Inc. Class A 323,582  20,810 
   Kennametal, Inc. 687,849  20,243 
   Graco, Inc. 555,100  20,128 
   Con-way, Inc. 398,685  19,727 
   Hubbell Inc. Class B 444,472  19,419 
   Trinity Industries, Inc. 719,647  19,179 
* Thomas & Betts Corp. 511,365  18,598 
* Waste Connections, Inc. 599,811  18,438 
   Carlisle Co., Inc. 547,202  18,298 
   MSC Industrial Direct Co., Inc. Class A 420,781  17,778 
^ UAP Holding Corp. 459,470  17,616 
* Gardner Denver Inc. 472,291  17,522 
   Lennox International Inc. 479,856  17,260 
   Crane Co. 424,543  17,130 
* Continental Airlines, Inc. Class B 866,276  16,658 
   GATX Corp. 423,030  16,528 
   Curtiss-Wright Corp. 392,526  16,282 
* Hexcel Corp. 843,885  16,127 
   Acuity Brands, Inc. 374,099  16,068 
   Teleflex Inc. 330,651  15,775 
   Alexander & Baldwin, Inc. 358,652  15,451 
   Wabtec Corp. 409,100  15,407 
   Brady Corp. Class A 448,440  14,991 
   CLARCOR Inc. 417,574  14,845 
   Actuant Corp. 487,654  14,732 
   The Toro Co. 354,935  14,691 
* GrafTech International Ltd. 905,406  14,677 
   Nordson Corp. 267,814  14,422 
   Woodward Governor Co. 537,994  14,375 
* WESCO International, Inc. 387,242  14,130 
   Belden Inc. 399,464  14,109 
   Valmont Industries, Inc. 159,790  14,044 
* Teledyne Technologies, Inc. 293,758  13,807 
* Moog Inc. 320,936  13,547 
   Herman Miller, Inc. 537,807  13,214 
* Esterline Technologies Corp. 258,050  12,998 
* United Rentals, Inc. 680,875  12,828 
* Geo Group Inc. 449,661  12,788 
* EMCOR Group, Inc. 572,366  12,712 
* Orbital Sciences Corp. 520,803  12,551 
^ Genco Shipping and Trading Ltd. 203,782  11,499 
* Hub Group, Inc. 335,866  11,047 
   Mine Safety Appliances Co. 266,898  10,994 
   Macquarie Infrastructure Co. LLC 376,770  10,975 
   Kaydon Corp. 245,953  10,800 
   Skywest, Inc. 510,664  10,785 
^ Eagle Bulk Shipping Inc. 412,808  10,634 
*^ Energy Conversion Devices, Inc. 353,271  10,563 
   UTI Worldwide, Inc. 524,785  10,538 
* United Stationers, Inc. 220,475  10,517 
   Regal-Beloit Corp. 283,525  10,386 
   Granite Construction Co. 314,808  10,297 
   Applied Industrial Technology, Inc. 343,848  10,278 
   Baldor Electric Co. 364,735  10,213 
   Lindsay Manufacturing Co. 98,476  10,091 
* Tetra Tech, Inc. 516,016  10,067 
^ HNI Corp. 365,349  9,824 
* Avis Budget Group, Inc. 917,246  9,741 
* Clean Harbors Inc. 149,307  9,705 
* Genesee & Wyoming Inc. Class A 276,380  9,507 
   Mueller Industries Inc. 327,710  9,454 
^ Simpson Manufacturing Co. 342,729  9,315 
* AAR Corp. 335,154  9,140 
   Forward Air Corp. 255,565  9,057 
   Quintana Maritime Ltd. 381,056  9,023 
* ESCO Technologies Inc. 227,018  9,017 
   ABM Industries Inc. 396,541  8,898 
^ Watsco, Inc. 214,349  8,878 
   Deluxe Corp. 460,319  8,843 
^ Knight Transportation, Inc. 534,868  8,804 
* The Advisory Board Co. 159,557  8,766 
*^ The Middleby Corp. 140,290  8,753 
* II-VI, Inc. 222,435  8,448 
*^ American Superconductor Corp. 362,703  8,411 
   Triumph Group, Inc. 147,340  8,388 
   Robbins & Myers, Inc. 256,570  8,377 
   Albany International Corp. 231,763  8,376 
* Chart Industries, Inc. 247,074  8,361 
* PHH Corp. 476,955  8,313 
   Werner Enterprises, Inc. 442,899  8,220 
* Evergreen Solar, Inc. 886,038  8,214 
* Perini Corp. 226,051  8,190 
* Navigant Consulting, Inc. 427,646  8,117 
*^ JetBlue Airways Corp. 1,385,378  8,035 
   Heartland Express, Inc. 555,464  7,921 
* Old Dominion Freight Line, Inc. 246,483  7,846 
^ Briggs & Stratton Corp. 437,445  7,830 
^ Watts Water Technologies, Inc. 277,675  7,783 
* Atlas Air Worldwide Holdings, Inc. 141,168  7,764 
* TransDigm Group, Inc. 207,180  7,676 
* TeleTech Holdings, Inc. 340,724  7,653 
   Healthcare Services Group, Inc. 356,293  7,354 
* Ceradyne, Inc. 229,096  7,322 
   Resources Connection, Inc. 405,528  7,247 
* Korn/Ferry International 427,129  7,218 
* EnerSys 301,084  7,202 
   Ameron International Corp. 76,576  7,162 
   Rollins, Inc. 401,376  7,100 
* RBC Bearings Inc. 190,226  7,063 
* American Commercial Lines Inc. 441,831  6,981 
* Alaska Air Group, Inc. 355,674  6,978 
* CoStar Group, Inc. 161,857  6,960 
   Arkansas Best Corp. 210,807  6,716 
   Titan International, Inc. 217,358  6,653 
*^ YRC Worldwide, Inc. 499,420  6,552 
   Barnes Group, Inc. 285,028  6,541 
* US Airways Group Inc. 727,138  6,479 
   CIRCOR International, Inc. 139,701  6,461 
   G & K Services, Inc. Class A 177,887  6,335 
   IKON Office Solutions, Inc. 824,308  6,265 
   Armstrong Worldwide Industries, Inc. 175,533  6,259 
   Viad Corp. 172,181  6,200 
* Acco Brands Corp. 453,938  6,160 
* Huron Consulting Group Inc. 148,062  6,152 
* Astec Industries, Inc. 157,696  6,112 
   Steelcase Inc. 544,911  6,027 
   Mueller Water Products, Inc. 758,703  5,979 
* EnPro Industries, Inc. 190,678  5,947 
* Republic Airways Holdings Inc. 273,563  5,925 
   Federal Signal Corp. 423,554  5,913 
   A.O. Smith Corp. 179,461  5,899 
   Tennant Co. 147,429  5,869 
   Kaman Corp. Class A 206,731  5,848 
   Interface, Inc. 415,040  5,831 
* Layne Christensen Co. 165,314  5,789 
* Mobile Mini, Inc. 304,151  5,779 
* School Specialty, Inc. 182,605  5,759 
* Consolidated Graphics, Inc. 96,212  5,393 
* AirTran Holdings, Inc. 810,926  5,352 
^ Franklin Electric, Inc. 152,500  5,211 
* TrueBlue, Inc. 387,620  5,210 
   Knoll, Inc. 444,425  5,129 
^ Horizon Lines Inc. 274,001  5,099 
* Superior Essex Inc. 181,301  5,098 
   Heidrick & Struggles International, Inc. 155,768  5,067 
   Pacer International, Inc. 306,495  5,036 
   Administaff, Inc. 212,613  5,020 
*^ Taser International Inc. 530,871  4,990 
* Columbus McKinnon Corp. 159,209  4,932 
   Universal Forest Products, Inc. 151,483  4,878 
   McGrath RentCorp 201,775  4,865 
* Interline Brands, Inc. 257,051  4,768 
   Kelly Services, Inc. Class A 230,637  4,742 
* Cenveo Inc. 451,441  4,722 
   Comfort Systems USA, Inc. 361,386  4,702 
^ Badger Meter, Inc. 108,225  4,675 
   Aircastle Ltd. 414,897  4,668 
   Dynamic Materials Corp. 107,485  4,643 
* GenCorp, Inc. 449,122  4,621 
* Ladish Co., Inc. 127,972  4,607 
* M&F Worldwide Corp. 122,715  4,588 
* American Reprographics Co. 302,341  4,487 
   American Science & Engineering, Inc. 81,683  4,457 
* Blount International, Inc. 353,944  4,378 
   Raven Industries, Inc. 144,476  4,378 
* NCI Building Systems, Inc. 177,201  4,288 
   Tredegar Corp. 232,032  4,225 
^ HEICO Corp. 85,580  4,172 
   NACCO Industries, Inc. Class A 49,902  4,039 
   Cubic Corp. 141,252  4,016 
   Apogee Enterprises, Inc. 256,952  3,957 
   Cascade Corp. 80,043  3,947 
* Team, Inc. 144,160  3,936 
*^ Beacon Roofing Supply, Inc. 391,597  3,916 
*^ FuelCell Energy, Inc. 571,983  3,804 
* DynCorp International Inc. Class A 225,778  3,766 
   Gorman-Rupp Co. 110,952  3,649 
* Rush Enterprises, Inc. Class A 228,997  3,627 
* NuCo2, Inc. 130,051  3,612 
^ The Greenbrier Cos., Inc. 136,072  3,609 
   Bowne & Co., Inc. 236,280  3,603 
   Ennis, Inc. 214,488  3,599 
   Freightcar America Inc. 104,071  3,570 
*^ Amerco, Inc. 61,904  3,534 
* CBIZ Inc. 428,606  3,480 
   TAL International Group, Inc. 146,360  3,450 
* Insituform Technologies Inc. Class A 241,526  3,340 
*^ Fuel-Tech N.V. 158,810  3,256 
* Allegiant Travel Co. 119,298  3,152 
   CDI Corp. 125,417  3,142 
* CRA International Inc. 97,435  3,132 
* Spherion Corp. 495,332  3,031 
   Sun Hydraulics Corp. 101,782  2,979 
* Innerworkings, Inc. 211,193  2,963 
* Polypore International Inc. 142,862  2,956 
* Kenexa Corp. 157,642  2,913 
^ Encore Wire Corp. 155,186  2,826 
* Kforce Inc. 312,085  2,759 
   Gibraltar Industries Inc. 223,310  2,619 
   Electro Rent Corp. 171,362  2,596 
* Dollar Thrifty Automotive Group, Inc. 189,689  2,587 
* TBS International Ltd. 82,780  2,500 
*^ RSC Holdings Inc. 228,265  2,488 
   Wabash National Corp. 266,183  2,393 
   Courier Corp. 94,437  2,356 
* Stanley Inc. 78,897  2,324 
*^ 3D Systems Corp. 157,032  2,307 
   Kimball International, Inc. Class B 210,038  2,252 
* Pike Electric Corp. 160,733  2,239 
^ Houston Wire & Cable Co. 136,854  2,192 
   Vicor Corp. 183,408  2,190 
   Schawk, Inc. 131,125  2,097 
^ Mueller Water Products, Inc. Class A 254,909  2,085 
   HEICO Corp. Class A 53,136  2,085 
* MTC Technologies, Inc. 86,604  2,059 
* Griffon Corp. 237,866  2,046 
* Accuride Corp. 247,681  2,026 
* Power-One, Inc. 613,304  1,969 
*^ Medis Technology Ltd. 216,880  1,967 
* Argon ST, Inc. 115,483  1,964 
*^ Plug Power, Inc. 624,563  1,942 
* Hudson Highland Group, Inc. 227,108  1,924 
^ American Railcar Industries, Inc. 93,536  1,902 
* Commercial Vehicle Group Inc. 188,941  1,872 
* Volt Information Sciences Inc. 108,461  1,839 
   Great Lakes Dredge & Dock Co. 334,705  1,730 
* First Advantage Corp. Class A 80,144  1,698 
^ American Woodmark Corp. 82,357  1,693 
* H&E Equipment Services, Inc. 134,237  1,687 
* LECG Corp. 169,370  1,585 
* Aerovironment Inc. 76,441  1,563 
* ABX Holdings Inc. 515,399  1,515 
   Lawson Products, Inc. 48,474  1,335 
^ Bluelinx Holdings Inc. 260,030  1,324 
*^ Force Protection, Inc. 598,084  1,202 
* Universal Truckload Services, Inc. 56,558  1,180 
*^ Builders FirstSource, Inc. 157,014  1,140 
*^ TurboChef Technologies, Inc. 167,311  1,091 
*^ EnerNOC Inc. 92,079  1,050 
* Rush Enterprises, Inc. Class B 69,157  1,015 
   The Standard Register Co. 95,226  742 
* TriMas Corp. 131,841  695 
*^ Applied Energetics, Inc. 282,187  468 
* PGT, Inc. 110,013  301 
^ Xerium Technologies Inc. 197,915  255 

        2,233,840 

   Information Technology (16.2%)
* FLIR Systems, Inc. 1,138,296  34,251 
* Mettler-Toledo International Inc. 318,169  30,901 
* Synopsys, Inc. 1,279,699  29,062 
   Global Payments Inc. 696,742  28,817 
* Brocade Communications Systems, Inc. 3,440,008  25,112 
*^ Itron, Inc. 269,852  24,349 
* MICROS Systems, Inc. 723,269  24,345 
* ANSYS, Inc. 690,667  23,842 
* Ciena Corp. 759,096  23,403 
* Nuance Communications, Inc. 1,280,828  22,299 
   Diebold, Inc. 580,691  21,805 
   Broadridge Financial Solutions LLC 1,230,849  21,663 
*^ Cree, Inc. 753,018  21,054 
* Sybase, Inc. 791,697  20,822 
   FactSet Research Systems Inc. 386,463  20,819 
* CommScope, Inc. 593,823  20,683 
* Zebra Technologies Corp. Class A 600,270  20,001 
* Novell, Inc. 3,087,378  19,420 
*^ Equinix, Inc. 287,891  19,142 
* Anixter International Inc. 297,890  19,077 
* Varian Semiconductor Equipment Associates, Inc. 669,605  18,849 
* ON Semiconductor Corp. 3,317,023  18,841 
* QLogic Corp. 1,208,566  18,551 
* Compuware Corp. 2,526,653  18,546 
* Polycom, Inc. 801,455  18,065 
* SAIC, Inc. 961,200  17,869 
   Jack Henry & Associates Inc. 710,705  17,533 
* Convergys Corp. 1,150,013  17,319 
* Rambus Inc. 741,521  17,285 
*^ Take-Two Interactive Software, Inc. 653,273  16,672 
* Parametric Technology Corp. 1,023,704  16,359 
* SINA.com 458,609  16,166 
* NeuStar, Inc. Class A 606,895  16,071 
* Tech Data Corp. 487,390  15,986 
* Integrated Device Technology Inc. 1,678,459  14,989 
* ValueClick, Inc. 866,521  14,947 
* Microsemi Corp. 647,987  14,774 
* Metavante Technologies 734,312  14,679 
* Foundry Networks, Inc. 1,260,591  14,598 
* Silicon Laboratories Inc. 437,967  13,813 
   National Instruments Corp. 526,855  13,772 
* International Rectifier Corp. 640,374  13,768 
* Vishay Intertechnology, Inc. 1,518,623  13,759 
* Unisys Corp. 3,103,620  13,749 
* F5 Networks, Inc. 749,699  13,622 
* Informatica Corp. 774,234  13,208 
* Fairchild Semiconductor International, Inc. 1,097,959  13,088 
*^ VistaPrint Ltd. 366,427  12,807 
* THQ Inc. 583,037  12,710 
* ADC Telecommunications, Inc. 1,037,282  12,530 
* Atmel Corp. 3,566,877  12,413 
* Perot Systems Corp. 817,288  12,292 
* Rofin-Sinar Technologies Inc. 272,323  12,227 
* CACI International, Inc. 264,859  12,064 
* TIBCO Software Inc. 1,682,450  12,013 
* Concur Technologies, Inc. 385,870  11,981 
* Emulex Corp. 737,236  11,973 
* Plexus Corp. 410,344  11,510 
* Benchmark Electronics, Inc. 631,134  11,329 
* Sohu.com Inc. 248,079  11,196 
* Amkor Technology, Inc. 1,042,782  11,158 
* Solera Holdings, Inc. 457,425  11,143 
* Progress Software Corp. 371,557  11,117 
* Digital River, Inc. 356,946  11,055 
* PMC Sierra Inc. 1,916,322  10,923 
* EchoStar Corp. 368,983  10,900 
* Wright Express Corp. 351,030  10,787 
* Omniture, Inc. 464,331  10,777 
* Gartner, Inc. Class A 552,493  10,685 
* MPS Group, Inc. 888,710  10,505 
* Atheros Communications, Inc. 501,155  10,444 
* Verigy Ltd. 527,085  9,930 
* Skyworks Solutions, Inc. 1,356,648  9,876 
   ADTRAN Inc. 527,112  9,752 
* j2 Global Communications, Inc. 435,512  9,721 
* Intermec, Inc. 431,057  9,565 
   Fair Isaac, Inc. 444,036  9,556 
   Blackbaud, Inc. 390,999  9,493 
* Checkpoint Systems, Inc. 351,063  9,426 
*^ VeriFone Holdings, Inc. 588,945  9,347 
* SRA International, Inc. 383,161  9,315 
* MKS Instruments, Inc. 425,509  9,106 
*^ CNET Networks, Inc. 1,275,916  9,059 
* Lawson Software, Inc. 1,181,292  8,895 
*^ Avid Technology, Inc. 362,542  8,824 
* Tessera Technologies, Inc. 422,164  8,781 
* InterDigital, Inc. 419,253  8,305 
* ATMI, Inc. 298,049  8,295 
   Plantronics, Inc. 428,827  8,281 
* Comtech Telecommunications Corp. 211,728  8,257 
* ScanSource, Inc. 228,135  8,256 
*^ OmniVision Technologies, Inc. 488,124  8,210 
*^ Sonus Networks, Inc. 2,368,832  8,149 
* 3Com Corp. 3,545,634  8,120 
* Semtech Corp. 561,627  8,048 
   Acxiom Corp. 677,736  8,045 
* EarthLink, Inc. 1,060,791  8,009 
* ManTech International Corp. 176,050  7,986 
   Technitrol, Inc. 343,268  7,940 
   Cognex Corp. 362,731  7,918 
* FormFactor Inc. 406,830  7,770 
* Blackboard Inc. 231,374  7,712 
* Quest Software, Inc. 581,787  7,604 
* Sanmina-SCI Corp. 4,672,233  7,569 
* Websense, Inc. 401,024  7,519 
* Insight Enterprises, Inc. 426,798  7,469 
* Electronics for Imaging, Inc. 500,541  7,468 
* Advent Software, Inc. 173,954  7,414 
* Entegris Inc. 1,018,806  7,325 
* Net 1 UEPS Technologies, Inc. 322,902  7,281 
* Infinera Corp. 605,691  7,268 
* TiVo Inc. 827,974  7,253 
   MAXIMUS, Inc. 195,679  7,183 
* Euronet Worldwide, Inc. 365,455  7,039 
* Cymer, Inc. 269,580  7,020 
* FEI Co. 319,885  6,983 
* Mentor Graphics Corp. 789,784  6,974 
* Arris Group Inc. 1,195,047  6,955 
* Littelfuse, Inc. 197,615  6,911 
* Ariba, Inc. 709,424  6,853 
* Cabot Microelectronics Corp. 212,100  6,819 
* Tekelec 547,050  6,811 
* Avocent Corp. 396,811  6,706 
   Imation Corp. 294,550  6,698 
* L-1 Identity Solutions Inc. 497,484  6,617 
* The Ultimate Software Group, Inc. 217,889  6,550 
* RF Micro Devices, Inc. 2,415,372  6,425 
* Sycamore Networks, Inc. 1,750,161  6,406 
* Macrovision Corp. 473,612  6,394 
* TriQuint Semiconductor, Inc. 1,248,892  6,319 
   United Online, Inc. 597,965  6,315 
*^ ACI Worldwide, Inc. 315,548  6,286 
* Harmonic, Inc. 822,509  6,251 
* SPSS, Inc. 159,937  6,202 
* NETGEAR, Inc. 310,776  6,200 
* Zoran Corp. 452,933  6,187 
* Synaptics Inc. 258,550  6,174 
* Blue Coat Systems, Inc. 278,022  6,128 
* MicroStrategy Inc. 82,769  6,124 
* Brooks Automation, Inc. 626,183  6,086 
* DealerTrack Holdings Inc. 300,250  6,071 
* Standard Microsystem Corp. 206,396  6,023 
* Diodes Inc. 265,359  5,827 
*^ Bankrate, Inc. 114,121  5,693 
*^ Sigma Designs, Inc. 248,206  5,627 
* CMGI, Inc. 411,110  5,451 
* Sapient Corp. 771,049  5,367 
   Syntel, Inc. 201,216  5,362 
* Wind River Systems Inc. 692,744  5,362 
   Daktronics, Inc. 298,828  5,352 
* Rogers Corp. 158,023  5,280 
* Epicor Software Corp. 464,704  5,205 
* Manhattan Associates, Inc. 225,451  5,170 
* RealNetworks, Inc. 895,629  5,132 
* MSC Software Corp. 393,847  5,116 
* Sykes Enterprises, Inc. 288,606  5,077 
* Axcelis Technologies, Inc. 900,129  5,041 
   MTS Systems Corp. 155,663  5,022 
* ViaSat, Inc. 227,601  4,943 
   Black Box Corp. 156,419  4,826 
* Cirrus Logic, Inc. 705,247  4,739 
^ Quality Systems, Inc. 157,012  4,690 
   Micrel, Inc. 502,274  4,656 
* JDA Software Group, Inc. 253,088  4,619 
* Hittite Microwave Corp. 122,704  4,592 
* Tyler Technologies, Inc. 326,425  4,563 
^ Heartland Payment Systems, Inc. 197,956  4,555 
* Commvault Systems, Inc. 364,777  4,523 
* Veeco Instruments, Inc. 266,610  4,434 
   Park Electrochemical Corp. 170,841  4,416 
*^ Palm, Inc. 876,746  4,384 
* Dycom Industries, Inc. 361,602  4,343 
* FARO Technologies, Inc. 139,092  4,337 
* Applied Micro Circuits Corp. 601,937  4,322 
* SonicWALL, Inc. 521,433  4,260 
* Advanced Energy Industries, Inc. 320,353  4,248 
* TTM Technologies, Inc. 374,808  4,243 
* SAVVIS, Inc. 257,341  4,187 
* Data Domain, Inc. 173,777  4,136 
* Interwoven Inc. 385,316  4,115 
* Ansoft Corp. 133,865  4,086 
* Electro Scientific Industries, Inc. 245,733  4,050 
*^ Universal Display Corp. 280,930  4,023 
   TNS Inc. 191,826  3,959 
* Cogent Inc. 417,525  3,937 
   Methode Electronics, Inc. Class A 334,709  3,913 
* Brightpoint, Inc. 467,488  3,908 
* Quantum Corp. 1,808,208  3,870 
* Monolithic Power Systems 216,998  3,826 
* Move, Inc. 1,237,950  3,813 
*^ DTS Inc. 155,756  3,738 
* Silicon Image, Inc. 745,084  3,733 
* DSP Group Inc. 287,148  3,658 
* S1 Corp. 513,962  3,654 
* Hutchinson Technology, Inc. 229,379  3,649 
*^ Netlogic Microsystems Inc. 150,042  3,622 
* CSG Systems International, Inc. 314,487  3,576 
* Exar Corp. 433,439  3,567 
* EPIQ Systems, Inc. 226,510  3,515 
* Actel Corp. 229,256  3,510 
* Forrester Research, Inc. 132,013  3,509 
*^ ANADIGICS, Inc. 531,557  3,487 
* Newport Corp. 309,723  3,460 
* Cavium Networks, Inc. 210,412  3,451 
   InfoSpace, Inc. 292,967  3,390 
* VASCO Data Security International, Inc. 247,233  3,382 
*^ Echelon Corp. 250,498  3,382 
* Mastec Inc. 411,319  3,377 
* Photronics, Inc. 349,466  3,337 
*^ LoopNet, Inc. 256,512  3,258 
* Riverbed Technology, Inc. 218,535  3,247 
* Taleo Corp. Class A 166,080  3,222 
*^ Finisar Corp. 2,462,228  3,152 
* Synchronoss Technologies, Inc. 157,097  3,147 
   CTS Corp. 293,968  3,145 
   Cohu, Inc. 193,145  3,139 
* Magma Design Automation, Inc. 327,536  3,135 
* Adaptec, Inc. 1,064,853  3,131 
* Radiant Systems, Inc. 223,806  3,127 
* Stratasys, Inc. 175,434  3,123 
* Vignette Corp. 235,266  3,108 
* Secure Computing Corp. 470,255  3,033 
*^ Hughes Communications Inc. 59,199  3,000 
* KEMET Corp. 739,609  2,988 
* Extreme Networks, Inc. 961,082  2,979 
* ComScore Inc. 147,611  2,961 
* eSPEED, Inc. Class A 251,972  2,938 
*^ Powerwave Technologies, Inc. 1,152,006  2,938 
* The Knot, Inc. 249,881  2,936 
* ExlService Holdings, Inc. 126,935  2,914 
* Lattice Semiconductor Corp. 1,020,463  2,898 
* Starent Networks Corp. 213,045  2,876 
* Spansion Inc. Class A 1,045,043  2,874 
* BearingPoint, Inc. 1,687,565  2,835 
* Ixia 364,061  2,825 
* GSI Group, Inc. 359,216  2,795 
* Novatel Wireless, Inc. 286,130  2,770 
* Mattson Technology, Inc. 449,060  2,735 
* Intervoice, Inc. 340,634  2,711 
* Trident Microsystems, Inc. 524,584  2,702 
   Agilysys, Inc. 232,043  2,692 
* Vocus, Inc. 100,791  2,661 
* SYNNEX Corp. 125,109  2,655 
* Ness Technologies Inc. 278,127  2,639 
*^ UTStarcom, Inc. 909,864  2,584 
* Global Cash Access, Inc. 438,796  2,571 
* Loral Space and Communications Ltd. 106,912  2,549 
*^ SiRF Technology Holdings, Inc. 500,458  2,547 
* Comtech Group Inc. 235,679  2,543 
* Conexant Systems, Inc. 4,331,968  2,512 
* Ciber, Inc. 486,850  2,386 
* Rudolph Technologies, Inc. 243,513  2,379 
   Bel Fuse, Inc. Class B 85,180  2,373 
* Rackable Systems Inc. 260,062  2,372 
* Kulicke & Soffa Industries, Inc. 473,014  2,261 
*^ Nextwave Wireless Inc. 447,302  2,259 
* Harris Stratex Networks, Inc. Class A 223,468  2,241 
* Symyx Technologies, Inc. 293,709  2,203 
*^ Aruba Networks, Inc. 417,973  2,178 
* Silicon Storage Technology, Inc. 820,700  2,150 
* Sonic Solutions, Inc. 220,227  2,125 
* IPG Photonics Corp. 134,513  2,111 
* Supertex, Inc. 101,789  2,078 
^ Marchex, Inc. 206,594  2,062 
* FalconStor Software, Inc. 261,841  1,993 
* Switch and Data Inc. 193,137  1,972 
* Perficient, Inc. 242,977  1,929 
* RightNow Technologies Inc. 161,212  1,918 
* Internap Network Services Corp. 386,251  1,916 
* MRV Communications Inc. 1,389,125  1,903 
* Advanced Analogic Technologies, Inc. 336,330  1,890 
* Ultratech, Inc. 194,725  1,871 
* Smart Modular Technologies Inc. 296,517  1,841 
   infoUSA Inc. 297,558  1,818 
   Openwave Systems Inc. 737,329  1,806 
   Gevity HR, Inc. 205,729  1,782 
* Chordiant Software, Inc. 293,010  1,767 
*^ WebMD Health Corp. Class A 74,107  1,747 
* Lionbridge Technologies, Inc. 507,081  1,699 
*^ Multi-Fineline Electronix, Inc. 86,854  1,630 
* Packeteer, Inc. 319,095  1,624 
* iPass Inc. 527,320  1,593 
* Asyst Technologies, Inc. 441,428  1,545 
* BigBand Networks Inc. 266,552  1,527 
* Credence Systems Corp. 803,919  1,367 
* iGATE Corp. 191,296  1,362 
   MoneyGram International, Inc. 728,754  1,355 
* Borland Software Corp. 641,915  1,297 
* Eagle Test Systems, Inc. 111,716  1,173 
*^ Comverge Inc. 108,613  1,122 
*^ Orbcomm, Inc. 219,955  1,091 
* PDF Solutions, Inc. 197,751  1,090 
* Liquidity Services, Inc. 135,294  1,082 
* OpNext, Inc. 198,099  1,080 
* TechTarget 70,724  1,002 
* DivX, Inc. 135,737  950 
^ Renaissance Learning, Inc. 63,623  890 
*^ Limelight Networks Inc. 251,078  813 
*^ Isilon Systems Inc. 161,773  789 
* Optium Corp. 100,075  704 
* Jupitermedia Corp. 210,310  440 
   Bel Fuse, Inc. Class A 7,450  234 

        2,207,093 

   Materials (6.3%)
   Cleveland-Cliffs Inc. 368,691  44,177 
   Reliance Steel & Aluminum Co. 594,672  35,597 
   FMC Corp. 634,176  35,190 
   Airgas, Inc. 653,662  29,722 
   Commercial Metals Co. 989,311  29,650 
* Terra Industries, Inc. 790,152  28,074 
   Nalco Holding Co. 1,261,081  26,672 
   Carpenter Technology Corp. 432,947  24,232 
   RPM International, Inc. 1,071,315  22,433 
   AptarGroup Inc. 572,959  22,305 
   Cytec Industries, Inc. 400,987  21,593 
   Packaging Corp. of America 932,137  20,815 
* Century Aluminum Co. 288,968  19,141 
   Hercules, Inc. 969,664  17,735 
   Quanex Corp. 328,002  16,971 
   Compass Minerals International, Inc. 284,914  16,804 
   Valspar Corp. 843,325  16,732 
   Cabot Corp. 576,266  16,135 
   Chemtura Corp. 2,138,040  15,693 
*^ Coeur d'Alene Mines Corp. 3,762,951  15,202 
* OM Group, Inc. 268,119  14,623 
* W.R. Grace & Co. 621,310  14,178 
   Greif Inc. Class A 208,489  14,163 
^ Eagle Materials, Inc. 388,847  13,824 
   Schnitzer Steel Industries, Inc. Class A 187,263  13,299 
   Olin Corp. 654,573  12,934 
   Scotts Miracle-Gro Co. 397,036  12,872 
   Texas Industries, Inc. 205,031  12,324 
   Temple-Inland Inc. 936,333  11,910 
* Hecla Mining Co. 1,064,930  11,885 
   Sensient Technologies Corp. 397,459  11,721 
   H.B. Fuller Co. 529,785  10,813 
   Silgan Holdings, Inc. 216,251  10,733 
* Rockwood Holdings, Inc. 326,137  10,688 
   Minerals Technologies, Inc. 169,941  10,672 
   Worthington Industries, Inc. 573,258  9,671 
* RTI International Metals, Inc. 203,495  9,200 
   NewMarket Corp. 121,254  9,149 
   Rock-Tenn Co. 302,027  9,052 
   Kaiser Aluminum Corp. 127,123  8,810 
   Louisiana-Pacific Corp. 914,140  8,392 
   Arch Chemicals, Inc. 218,464  8,140 
^ Royal Gold, Inc. 238,628  7,199 
   Koppers Holdings, Inc. 147,219  6,523 
*^ Zoltek Cos., Inc. 237,433  6,297 
*^ Apex Silver Mines Ltd. 519,492  6,296 
   AMCOL International Corp. 199,353  6,226 
*^ AbitibiBowater, Inc. 481,931  6,222 
   Glatfelter 378,903  5,725 
   Ferro Corp. 383,938  5,705 
*^ Stillwater Mining Co. 366,904  5,676 
* Haynes International, Inc. 102,631  5,632 
   Deltic Timber Corp. 93,842  5,227 
*^ Calgon Carbon Corp. 339,532  5,110 
* PolyOne Corp. 779,082  4,963 
*^ Headwaters Inc. 374,400  4,938 
* Brush Engineered Materials Inc. 180,314  4,629 
   Innospec, Inc. 211,301  4,480 
   A. Schulman Inc. 210,091  4,313 
   A.M. Castle & Co. 156,371  4,222 
*^ General Moly, Inc. 478,857  3,826 
* Buckeye Technology, Inc. 326,479  3,644 
   Neenah Paper Inc. 131,497  3,390 
   Wausau Paper Corp. 397,584  3,284 
   Myers Industries, Inc. 249,200  3,272 
   Schweitzer-Mauduit International, Inc. 130,115  3,011 
^ American Vanguard Corp. 173,957  2,895 
* Graphic Packaging Holding Co. 886,342  2,588 
   Spartech Corp. 282,296  2,385 
^ Westlake Chemical Corp. 172,737  2,254 
*^ Flotek Industries, Inc. 137,353  2,004 
^ Georgia Gulf Corp. 286,758  1,987 
   Innophos Holdings Inc. 93,109  1,498 
   NL Industries, Inc. 84,931  927 
   Sims Group Ltd. ADR 31,342  863 
   Tronox Inc. Class B 195,178  761 
   Tronox Inc. 162,695  649 

        862,547 

   Telecommunication Services (1.0%)
* SBA Communications Corp. 838,528  25,013 
* Time Warner Telecom Inc. 1,095,004  16,962 
* Cincinnati Bell Inc. 2,190,378  9,331 
* Premiere Global Services, Inc. 519,890  7,455 
*^ Cogent Communications Group, Inc. 403,737  7,392 
* Syniverse Holdings Inc. 391,533  6,523 
*^ Rural Cellular Corp. Class A 115,495  5,108 
   Alaska Communications Systems Holdings, Inc. 378,600  4,634 
   Iowa Telecommunications Services Inc. 249,502  4,424 
* Centennial Communications Corp. Class A 708,629  4,188 
* Cbeyond Inc. 199,381  3,746 
   NTELOS Holdings Corp. 148,124  3,585 
*^ Clearwire Corp. 240,168  3,557 
*^ TerreStar Corp. 693,851  3,386 
*^ Global Crossing Ltd. 215,779  3,271 
   Consolidated Communications Holdings, Inc. 207,401  3,138 
   iPCS, Inc. 127,497  2,977 
   Atlantic Tele-Network, Inc. 87,758  2,969 
   Shenandoah Telecommunications Co. 196,166  2,911 
   FairPoint Communications, Inc. 310,750  2,803 
* General Communication, Inc. 395,322  2,427 
   SureWest Communications 127,294  1,968 
* PAETEC Holding Corp. 273,645  1,822 
   USA Mobility, Inc. 228,109  1,629 
*^ Globalstar, Inc. 217,722  1,587 
   IDT Corp. Class B 382,173  1,479 
*^ Vonage Holdings Corp. 691,280  1,279 
*^ Fibertower Corp. 639,743  1,126 
   IDT Corp. 120,412  402 

        137,092 

   Utilities (4.4%)
   National Fuel Gas Co. 700,061  33,050 
   CMS Energy Corp. 1,987,540  26,911 
   Puget Energy, Inc. 1,034,218  26,755 
   Sierra Pacific Resources 2,063,642  26,064 
   OGE Energy Corp. 810,422  25,261 
   UGI Corp. Holding Co. 941,754  23,469 
   AGL Resources Inc. 675,602  23,187 
   ITC Holdings Corp. 428,152  22,290 
^ Aqua America, Inc. 1,176,548  22,096 
   Southern Union Co. 900,516  20,955 
   Atmos Energy Corp. 792,427  20,207 
   Westar Energy, Inc. 882,316  20,090 
   Great Plains Energy, Inc. 760,809  18,754 
   Vectren Corp. 675,069  18,112 
   Hawaiian Electric Industries Inc. 732,901  17,494 
^ Piedmont Natural Gas, Inc. 653,413  17,159 
   WGL Holdings Inc. 436,566  13,996 
   Nicor Inc. 398,424  13,351 
^ IDACORP, Inc. 397,268  12,756 
   Portland General Electric Co. 551,331  12,433 
   Black Hills Corp. 333,432  11,930 
   Cleco Corp. 529,515  11,745 
   New Jersey Resources Corp. 371,774  11,544 
* Aquila, Inc. 3,319,565  10,656 
   Southwest Gas Corp. 376,397  10,524 
   Northwest Natural Gas Co. 233,141  10,128 
   South Jersey Industries, Inc. 260,823  9,157 
   Avista Corp. 466,806  9,131 
   ALLETE, Inc. 230,996  8,921 
   Otter Tail Corp. 249,765  8,839 
* El Paso Electric Co. 398,885  8,524 
   PNM Resources Inc. 678,127  8,456 
   NorthWestern Corp. 326,826  7,965 
   UniSource Energy Corp. 311,972  6,944 
^ California Water Service Group 173,471  6,618 
   MGE Energy, Inc. 193,015  6,574 
   The Laclede Group, Inc. 181,601  6,470 
   Ormat Technologies Inc. 149,288  6,421 
   UIL Holdings Corp. 211,181  6,363 
   Empire District Electric Co. 296,369  6,001 
   American States Water Co. 151,725  5,462 
   CH Energy Group, Inc. 138,751  5,397 
^ SJW Corp. 121,223  3,466 

        601,626 




   Total Common Stocks
   (Cost $12,758,361)    13,577,235 



   Temporary Cash Investments (6.9%)



   Money Market Fund (6.9%)
1 Vanguard Market Liquidity Fund, 2.800% 929,553,110  929,553 
    
Face
     Amount
     ($000)

   U.S. Government & Agency Obligation (0.0%)
2 Federal National Mortgage Assn.
3 4.194%, 4/2/08 5,500  5,500 



   Total Temporary Cash Investments
   (Cost $935,052)    935,053 



   Total Investments (106.5%)
   (Cost $13,693,413)    14,512,288 



   Other Assets and Liabilities - Net (-6.5%)    (887,031)



   Net Assets (100%)    13,625,257 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
2 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
3 Securities with a value of $5,500,000 have been segregated as initial margin for open futures contracts.
ADR - American Depositary Receipt.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

At March 31, 2008, the cost of investment securities for tax purposes was $13,693,413,000. Net unrealized appreciation of investment securities for tax purposes was $818,875,000, consisting of unrealized gains of $2,761,229,000 on securities that had risen in value since their purchase and $1,942,354,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 99.9% and 6.6%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At March 31, 2008, the aggregate settlement value of open futures contracts expiring in June 2008 and the related unrealized appreciation (depreciation) were:


($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

E-mini Russell 2000 Index 475  32,775  1,065 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities.
Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table sumamrizes the inputs used to value the fund's net assets as of March 31, 2008:


Valuation Inputs Investments
in Securities
($000)
Futures
Contracts
($000)

Level 1- Quoted Prices 14,506,788  1,065 

Level 2- Other Significant Observable Inputs 5,500 

Level 3- Significant Unobservable Inputs

  Total 14,512,288  1,065 


Vanguard Small Cap Growth Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (99.8%)    



   Consumer Discretionary (14.9%)
*^ Priceline.com, Inc. 194,547  23,513 
* Hanesbrands Inc. 508,440  14,846 
* LKQ Corp. 615,038  13,820 
   DeVry, Inc. 323,730  13,545 
* Dick's Sporting Goods, Inc. 452,380  12,115 
   Strayer Education, Inc. 77,448  11,811 
* Aeropostale, Inc. 411,665  11,160 
   Burger King Holdings Inc. 397,193  10,986 
* Big Lots Inc. 482,901  10,769 
   Orient-Express Hotel Ltd. 226,767  9,787 
* The Warnaco Group, Inc. 243,422  9,601 
* J. Crew Group, Inc. 213,302  9,422 
   Sotheby's 320,052  9,253 
*^ Netflix.com, Inc. 263,572  9,133 
* Chipotle Mexican Grill, Inc. Class B 94,005  9,127 
* Jarden Corp. 414,679  9,015 
* Bally Technologies Inc. 261,422  8,977 
   John Wiley & Sons Class A 218,534  8,676 
* Jack in the Box Inc. 319,989  8,598 
* Marvel Entertainment, Inc. 313,436  8,397 
*^ Chipotle Mexican Grill, Inc. 73,478  8,335 
* WMS Industries, Inc. 229,638  8,260 
   Matthews International Corp. 165,636  7,992 
* Fossil, Inc. 259,367  7,921 
* The Cheesecake Factory Inc. 362,015  7,888 
* Scientific Games Corp. 371,825  7,849 
^ Polaris Industries, Inc. 187,028  7,670 
* Tractor Supply Co. 185,257  7,321 
* Sonic Corp. 324,579  7,154 
* Deckers Outdoor Corp. 65,879  7,103 
*^ Vail Resorts Inc. 145,623  7,032 
* Tenneco Automotive, Inc. 248,678  6,948 
*^ Panera Bread Co. 164,872  6,906 
* Chico's FAS, Inc. 941,165  6,692 
^ Arbitron Inc. 150,769  6,507 
* The Gymboree Corp. 161,993  6,460 
* Gemstar-TV Guide International, Inc. 1,374,450  6,460 
* DreamWorks Animation SKG, Inc. 248,717  6,412 
   Choice Hotels International, Inc. 184,621  6,298 
* Lions Gate Entertainment Corp. 642,445  6,264 
* Bright Horizons Family Solutions, Inc. 140,353  6,041 
^ Thor Industries, Inc. 193,997  5,775 
*^ Life Time Fitness, Inc. 177,562  5,542 
*^ Under Armour, Inc. 151,054  5,529 
* Morningstar, Inc. 82,339  5,051 
   National CineMedia Inc. 224,441  5,045 
   Aaron Rents, Inc. 232,723  5,013 
* Carter's, Inc. 309,597  5,000 
^ Pool Corp. 253,823  4,795 
* Iconix Brand Group Inc. 273,682  4,748 
* Pacific Sunwear of California, Inc. 373,889  4,715 
* CEC Entertainment Inc. 157,212  4,540 
*^ Live Nation, Inc. 372,254  4,515 
   Gentex Corp. 256,776  4,404 
* Gaylord Entertainment Co. 143,271  4,340 
* Coinstar, Inc. 149,461  4,206 
*^ Blue Nile Inc. 77,236  4,182 
* Champion Enterprises, Inc. 412,268  4,135 
* Pinnacle Entertainment, Inc. 319,623  4,091 
*^ P.F. Chang's China Bistro, Inc. 132,007  3,754 
* INVESTools Inc. 315,078  3,463 
* Corinthian Colleges, Inc. 452,504  3,272 
* Red Robin Gourmet Burgers, Inc. 85,119  3,198 
   CKE Restaurants Inc. 275,389  3,090 
* Saks Inc. 241,088  3,006 
* Sally Beauty Co. Inc. 434,707  2,999 
* Texas Roadhouse, Inc. 297,471  2,915 
* Papa John's International, Inc. 114,833  2,780 
* Steiner Leisure Ltd. 81,703  2,696 
* Visteon Corp. 692,373  2,603 
* Drew Industries, Inc. 105,301  2,576 
* Hibbett Sports Inc. 165,975  2,562 
^ Winnebago Industries, Inc. 149,913  2,534 
*^ NutriSystem, Inc. 164,508  2,479 
*^ Morgans Hotel Group 166,921  2,474 
* Skechers U.S.A., Inc. 114,011  2,304 
   K-Swiss, Inc. 142,395  2,253 
   CKX, Inc. 233,446  2,222 
   Cinemark Holdings Inc. 170,582  2,182 
   Triarc Cos., Inc. Class B 312,364  2,158 
* Entravision Communications Corp. 319,025  2,125 
*^ Buffalo Wild Wings Inc. 84,803  2,078 
* Pre-Paid Legal Services, Inc. 48,120  2,041 
*^ Jos. A. Bank Clothiers, Inc. 96,978  1,988 
* California Pizza Kitchen, Inc. 147,965  1,940 
*^ Blockbuster Inc. Class A 583,422  1,902 
   Christopher & Banks Corp. 189,003  1,888 
* Universal Electronics, Inc. 77,662  1,880 
   The Pep Boys (Manny, Moe & Jack) 179,074  1,784 
*^ Charter Communications, Inc. 2,043,926  1,741 
* Peet's Coffee & Tea Inc. 74,055  1,741 
* Volcom, Inc. 84,344  1,705 
^ Sealy Corp. 218,341  1,659 
* Coldwater Creek Inc. 324,571  1,639 
*^ Fleetwood Enterprises, Inc. 343,377  1,580 
*^ Raser Technologies, Inc. 178,641  1,535 
   bebe stores, inc. 141,711  1,523 
*^ True Religion Apparel, Inc. 81,611  1,514 
*^ Universal Technical Institute Inc. 128,077  1,502 
* Pier 1 Imports Inc. 235,886  1,481 
* GSI Commerce, Inc. 112,130  1,475 
   Ambassadors Group, Inc. 78,035  1,474 
* Gaiam, Inc. 82,678  1,432 
* Denny's Corp. 478,182  1,425 
   Spartan Motors, Inc. 165,426  1,400 
* Knology, Inc. 104,180  1,349 
*^ Zumiez Inc. 85,172  1,336 
^ Tempur-Pedic International Inc. 120,546  1,326 
* BJ's Restaurants Inc. 91,441  1,318 
*^ Mediacom Communications Corp. 292,836  1,268 
* Capella Education Co. 23,005  1,256 
* AFC Enterprises, Inc. 133,274  1,198 
* The Dress Barn, Inc. 89,734  1,161 
* Cumulus Media Inc. 176,274  1,125 
* Monarch Casino & Resort, Inc. 61,249  1,085 
* 1-800-FLOWERS.COM, Inc. 125,545  1,068 
* Blockbuster Inc. Class B 365,261  1,041 
*^ Hovnanian Enterprises Inc. Class A 95,276  1,010 
*^ iRobot Corp. 59,019  1,010 
*^ Shuffle Master, Inc. 188,199  1,007 
* Hot Topic, Inc. 232,785  1,003 
*^ Overstock.com, Inc. 82,685  985 
   Big 5 Sporting Goods Corp. 112,169  984 
*^ Shutterfly, Inc. 65,899  980 
* Citi Trends Inc. 52,665  972 
*^ Martha Stewart Living Omnimedia, Inc. 128,768  957 
*^ DSW Inc. Class A 73,752  955 
* Playboy Enterprises, Inc. Class B 113,883  949 
* Stamps.com Inc. 90,320  927 
* Lin TV Corp. 94,704  910 
* MTR Gaming Group Inc. 125,164  876 
*^ Smith & Wesson Holding Corp. 171,936  863 
* Select Comfort Corp. 238,975  860 
* Nexcen Brands, Inc. 248,812  853 
* New York & Co., Inc. 141,198  810 
* Harris Interactive Inc. 269,520  736 
   Systemax Inc. 57,815  697 
   PRIMEDIA Inc. 94,286  693 
*^ LodgeNet Interactive Corp. 110,353  672 
* Ruth's Chris Steak House Inc. 93,010  643 
* Leapfrog Enterprises, Inc. 90,702  639 
*^ Jamba Inc. 238,249  631 
*^ Avatar Holding, Inc. 14,479  631 
*^ Conn's, Inc. 38,431  627 
*^ WCI Communities, Inc. 179,963  603 
* A.C. Moore Arts & Crafts, Inc. 86,651  591 
*^ Krispy Kreme Doughnuts, Inc. 190,004  580 
*^ Trump Entertainment Resorts, Inc. 158,267  570 
* Isle of Capri Casinos, Inc. 73,394  525 
*^ Six Flags, Inc. 253,470  416 
* Town Sports International Holdings, Inc. 62,944  403 
* Retail Ventures, Inc. 77,978  378 
* ValueVision Media, Inc. 56,442  313 
   Triarc Cos., Inc. Class A 43,362  273 
*^ Heelys Inc. 27,352  117 
   Deerfield Capital Corp. 37,656  52 

        599,894 

   Consumer Staples (3.3%)
   Church & Dwight, Inc. 352,332  19,111 
   Herbalife Ltd. 272,349  12,937 
   Alberto-Culver Co. 445,910  12,222 
   Flowers Foods, Inc. 442,559  10,953 
* Central European Distribution Corp. 183,560  10,681 
* NBTY, Inc. 303,502  9,090 
*^ Rite Aid Corp. 2,973,238  8,741 
*^ Chattem, Inc. 86,274  5,723 
   Casey's General Stores, Inc. 243,539  5,504 
* Ralcorp Holdings, Inc. 84,770  4,929 
* United Natural Foods, Inc. 217,474  4,069 
* Darling International, Inc. 282,606  3,660 
   Seaboard Corp. 2,010  3,146 
*^ Green Mountain Coffee Roasters, Inc. 87,564  2,771 
* American Oriental Bioengineering, Inc. 320,300  2,595 
* Winn-Dixie Stores, Inc. 143,887  2,584 
* Boston Beer Co., Inc. Class A 52,150  2,479 
* The Great Atlantic & Pacific Tea Co., Inc. 84,542  2,217 
^ Cal-Maine Foods, Inc. 62,387  2,083 
^ Tootsie Roll Industries, Inc. 59,305  1,494 
   Coca-Cola Bottling Co. 21,289  1,312 
* The Pantry, Inc. 59,285  1,250 
* Alliance One International, Inc. 180,588  1,091 
*^ USANA Health Sciences, Inc. 47,312  1,042 
* Revlon, Inc. Class A 767,762  745 
*^ Spectrum Brands Inc. 138,792  634 
*^ Jones Soda Co. 132,678  463 
   National Beverage Corp. 29,938  230 
^ Mannatech, Inc. 29,545  211 

        133,967 

   Energy (12.5%)
* Quicksilver Resources, Inc. 549,092  20,058 
* Oceaneering International, Inc. 294,113  18,529 
* Petrohawk Energy Corp. 910,126  18,357 
* Superior Energy Services, Inc. 429,948  17,035 
   Massey Energy Co. 425,238  15,521 
* Alpha Natural Resources, Inc. 350,413  15,222 
* Core Laboratories N.V. 124,755  14,883 
* Helix Energy Solutions Group, Inc. 463,341  14,595 
* Atwood Oceanics, Inc. 152,302  13,969 
   St. Mary Land & Exploration Co. 335,806  12,929 
* Dresser Rand Group, Inc. 412,457  12,683 
   Foundation Coal Holdings, Inc. 241,458  12,153 
* Oil States International, Inc. 254,257  11,393 
* W-H Energy Services, Inc. 163,884  11,283 
   Holly Corp. 251,088  10,900 
* Comstock Resources, Inc. 237,331  9,564 
   Berry Petroleum Class A 203,549  9,463 
   Cabot Oil & Gas Corp. 181,568  9,231 
   Helmerich & Payne, Inc. 193,450  9,067 
   Penn Virginia Corp. 202,375  8,923 
* Carrizo Oil & Gas, Inc. 145,485  8,623 
* Continental Resources, Inc. 269,443  8,593 
* Dril-Quip, Inc. 183,688  8,536 
* EXCO Resources, Inc. 446,668  8,263 
* Delta Petroleum Corp. 356,237  8,030 
* Global Industries Ltd. 491,461  7,908 
   Atlas America, Inc. 129,295  7,815 
* Bill Barrett Corp. 155,344  7,340 
* Encore Acquisition Co. 178,896  7,206 
   Crosstex Energy, Inc. 208,934  7,093 
* Arena Resources, Inc. 173,250  6,707 
* Patriot Coal Corp. 141,955  6,668 
* TETRA Technologies, Inc. 396,773  6,285 
* Willbros Group, Inc. 192,386  5,887 
* Petroleum Development Corp. 79,686  5,520 
* ION Geophysical Corp. 390,771  5,393 
* ATP Oil & Gas Corp. 152,380  4,986 
* Unit Corp. 86,771  4,916 
*^ Cheniere Energy, Inc. 241,121  4,774 
* Contango Oil & Gas Co. 72,878  4,709 
*^ International Coal Group, Inc. 694,979  4,413 
* Grey Wolf, Inc. 636,254  4,314 
   CARBO Ceramics Inc. 104,726  4,200 
* NATCO Group Inc. 88,710  4,147 
* Parallel Petroleum Corp. 209,506  4,100 
   World Fuel Services Corp. 145,140  4,074 
* Hercules Offshore, Inc. 157,964  3,968 
* PetroQuest Energy, Inc. 224,326  3,890 
*^ McMoRan Exploration Co. 217,533  3,761 
* SEACOR Holdings Inc. 41,101  3,508 
* Warren Resources Inc. 295,045  3,502 
* Complete Production Services, Inc. 152,243  3,492 
*^ Goodrich Petroleum Corp. 102,863  3,094 
* Gulfmark Offshore, Inc. 49,094  2,686 
* Rosetta Resources, Inc. 135,845  2,672 
* T-3 Energy Services, Inc. 61,877  2,633 
* Dawson Geophysical Co. 38,824  2,621 
* Cal Dive International, Inc. 251,409  2,610 
   Lufkin Industries, Inc. 39,279  2,507 
* Matrix Service Co. 141,961  2,439 
* Bois d'Arc Energy, Inc. 106,396  2,287 
   Gulf Island Fabrication, Inc. 68,102  1,956 
* Parker Drilling Co. 299,205  1,933 
   RPC Inc. 118,883  1,806 
* VeraSun Energy Corp. 223,112  1,640 
* GMX Resources Inc. 46,050  1,609 
* Basic Energy Services Inc. 70,951  1,567 
* Gulfport Energy Corp. 147,426  1,563 
* Energy Partners, Ltd. 152,453  1,444 
*^ USEC Inc. 383,536  1,419 
* PHI Inc. Non-Voting Shares 43,138  1,361 
* Veneco Inc. 107,328  1,247 
* Superior Well Services, Inc. 56,937  1,245 
* Newpark Resources, Inc. 240,501  1,227 
* Uranium Resources Inc. 195,191  1,169 
* OYO Geospace Corp. 24,893  1,131 
* Clean Energy Fuels Corp. 82,656  1,104 
^ Alon USA Energy, Inc. 62,571  952 
   Delek US Holdings, Inc. 71,520  906 
*^ Allis-Chalmers Energy Inc. 60,837  839 
*^ Pacific Ethanol, Inc. 173,521  763 
* Rentech, Inc. 784,298  698 
* Bronco Drilling Co., Inc. 38,885  627 
* US BioEnergy Corp. 96,240  568 
*^ SulphCo, Inc. 126,449  527 
*^ Aventine Renewable Energy Holdings, Inc. 84,135  438 
*^ Verenium Corp. 109,564  386 
*^ GeoGlobal Resources Inc. 123,991  346 
*^ Evergreen Energy, Inc. 212,836  328 

        502,727 

   Financials (5.0%)
   Jones Lang LaSalle Inc. 197,771  15,296 
   Taubman Co. REIT 281,011  14,641 
* Affiliated Managers Group, Inc. 159,776  14,498 
* Philadelphia Consolidated Holding Corp. 326,722  10,520 
* Liberty Media Corp.-Capital Series A 657,696  10,352 
   Digital Realty Trust, Inc. REIT 213,605  7,583 
   Hilb, Rogal and Hamilton Co. 197,818  6,225 
   Equity Lifestyle Properties, Inc. REIT 123,688  6,106 
   Cash America International Inc. 155,953  5,677 
* Interactive Brokers Group, Inc. 215,076  5,521 
^ Greenhill & Co., Inc. 78,604  5,468 
   GFI Group Inc. 86,476  4,955 
   Erie Indemnity Co. Class A 93,132  4,767 
*^ Enstar Group Ltd. 41,347  4,601 
   optionsXpress Holdings Inc. 218,758  4,530 
   UCBH Holdings, Inc. 557,637  4,327 
* Signature Bank 150,692  3,843 
^ Portfolio Recovery Associates, Inc. 80,796  3,465 
^ PrivateBancorp, Inc. 103,365  3,253 
* E*TRADE Financial Corp. 793,052  3,061 
* Dollar Financial Corp. 129,319  2,974 
   PS Business Parks, Inc. REIT 55,518  2,881 
   Tower Group, Inc. 111,414  2,804 
* PICO Holdings, Inc. 90,492  2,736 
* World Acceptance Corp. 80,987  2,579 
* Alexander's, Inc. REIT 7,019  2,488 
   NewAlliance Bancshares, Inc. 186,892  2,291 
   Tanger Factory Outlet Centers, Inc. REIT 58,461  2,249 
^ National Financial Partners Corp. 98,283  2,208 
* EZCORP, Inc. 173,797  2,139 
* Investors Bancorp, Inc. 132,444  2,033 
*^ KBW Inc. 91,478  2,017 
   Calamos Asset Management, Inc. 113,869  1,854 
*^ Pinnacle Financial Partners, Inc. 70,722  1,810 
* FCStone Group, Inc. 62,334  1,727 
* eHealth, Inc. 77,501  1,710 
* MarketAxess Holdings, Inc. 164,509  1,635 
   Bank of the Ozarks, Inc. 67,212  1,606 
* Tejon Ranch Co. 41,256  1,540 
* First Cash Financial Services, Inc. 147,480  1,523 
   Amtrust Financial Services Inc. 93,531  1,516 
*^ Western Alliance Bancorp 103,720  1,334 
^ The First Marblehead Corp. 174,831  1,304 
* LaBranche & Co. Inc. 295,654  1,286 
   CoBiz Inc. 92,759  1,208 
* TradeStation Group, Inc. 141,142  1,203 
* Oritani Financial Corp. 75,726  1,149 
* Virginia Commerce Bancorp, Inc. 96,240  1,105 
^ Cascade Bancorp 112,578  1,076 
   ViewPoint Financial Group 60,951  1,006 
   Saul Centers, Inc. REIT 19,906  1,000 
* Hilltop Holdings Inc. 84,486  879 
   Gamco Investors Inc. Class A 14,901  750 
* Darwin Professional Underwriters, Inc. 31,837  716 
* Penson Worldwide, Inc. 67,603  624 
*^ Credit Acceptance Corp. 40,155  624 
^ Life Partners Holdings 28,695  529 
* NewStar Financial, Inc. 67,600  350 
* FX Real Estate and Entertainment Inc. 52,094  306 
*^ Wauwatosa Holdings, Inc. 25,200  300 
   Roma Financial Corp. 17,816  266 
* Thomas Weisel Partners Group, Inc. 33,865  224 
*^ Primus Guaranty, Ltd. 37,783  135 
* FX Real Estate and Entertainment, Inc. Rights Exp. 4/11/08 24,981 

        200,385 

   Health Care (17.2%)
* Illumina, Inc. 293,172  22,252 
* BioMarin Pharmaceutical Inc. 517,105  18,290 
* Pediatrix Medical Group, Inc. 258,570  17,428 
* ResMed Inc. 412,827  17,413 
* IDEXX Laboratories Corp. 326,818  16,099 
* Tenet Healthcare Corp. 2,531,711  14,329 
* Gen-Probe Inc. 287,336  13,850 
* Techne Corp. 200,644  13,515 
* Edwards Lifesciences Corp. 302,887  13,494 
* VCA Antech, Inc. 449,974  12,307 
* OSI Pharmaceuticals, Inc. 310,137  11,596 
* Inverness Medical Innovations, Inc. 340,798  10,258 
* Psychiatric Solutions, Inc. 293,710  9,963 
* United Therapeutics Corp. 113,624  9,851 
*^ Myriad Genetics, Inc. 234,929  9,465 
* Varian, Inc. 162,557  9,415 
* HLTH Corp. 975,590  9,307 
* Onyx Pharmaceuticals, Inc. 294,213  8,541 
* Magellan Health Services, Inc. 212,715  8,443 
   Cooper Cos., Inc. 239,270  8,238 
* Haemonetics Corp. 135,714  8,086 
* Immucor Inc. 373,438  7,969 
* PAREXEL International Corp. 296,735  7,745 
* Dionex Corp. 99,655  7,672 
*^ HealthSouth Corp. 420,904  7,488 
* Alexion Pharmaceuticals, Inc. 124,054  7,356 
* LifeCell Corp. 172,877  7,266 
* Cepheid, Inc. 296,434  7,230 
   Meridian Bioscience Inc. 202,381  6,766 
* Healthways, Inc. 190,348  6,727 
* PDL BioPharma Inc. 623,962  6,608 
*^ Advanced Medical Optics, Inc. 323,127  6,560 
* Nuvasive, Inc. 187,574  6,473 
* Alkermes, Inc. 543,661  6,459 
* Affymetrix, Inc. 368,651  6,418 
* Valeant Pharmaceuticals International 485,792  6,233 
* Applera Corp.-Celera Genomics Group 422,945  6,217 
   Medicis Pharmaceutical Corp. 300,463  5,916 
* PSS World Medical, Inc. 345,523  5,756 
* Medarex, Inc. 645,689  5,714 
* Cubist Pharmaceuticals, Inc. 299,659  5,520 
* Amedisys Inc. 140,068  5,510 
* Sunrise Senior Living, Inc. 242,769  5,409 
   Chemed Corp. 127,824  5,394 
* The Medicines Co. 263,022  5,313 
* Martek Biosciences Corp. 172,568  5,275 
* American Medical Systems Holdings, Inc. 366,575  5,202 
* Eclipsys Corp. 257,934  5,058 
*^ ArthroCare Corp. 149,019  4,970 
   Analogic Corp. 71,382  4,750 
* inVentiv Health, Inc. 164,067  4,727 
* Wright Medical Group, Inc. 193,311  4,667 
* Apria Healthcare Group Inc. 233,577  4,613 
*^ Integra LifeSciences Holdings 105,698  4,595 
   Mentor Corp. 172,330  4,432 
* Bio-Rad Laboratories, Inc. Class A 49,575  4,410 
* Isis Pharmaceuticals, Inc. 302,130  4,263 
* Incyte Corp. 405,217  4,259 
* HealthExtras, Inc. 170,572  4,237 
* Regeneron Pharmaceuticals, Inc. 210,870  4,047 
* Auxilium Pharmaceuticals, Inc. 150,926  4,036 
* Human Genome Sciences, Inc. 683,442  4,025 
* Exelixis, Inc. 558,820  3,884 
* The TriZetto Group, Inc. 231,787  3,869 
* K-V Pharmaceutical Co. Class A 151,079  3,771 
* Savient Pharmaceuticals Inc. 186,113  3,722 
* Alnylam Pharmaceuticals Inc. 152,382  3,718 
* Thoratec Corp. 259,964  3,715 
* Omnicell, Inc. 175,147  3,520 
* Phase Forward Inc. 203,494  3,476 
* Bruker BioSciences Corp. 225,620  3,472 
*^ Luminex Corp. 176,109  3,461 
* Align Technology, Inc. 311,343  3,459 
*^ SurModics, Inc. 81,782  3,425 
* Nektar Therapeutics 491,820  3,413 
* Sciele Pharma, Inc. 171,186  3,338 
* HMS Holdings Corp. 116,885  3,337 
* Orthofix International N.V. 81,489  3,241 
* Centene Corp. 232,275  3,238 
* Kendle International Inc. 70,191  3,153 
* Gentiva Health Services, Inc. 141,807  3,086 
* Seattle Genetics, Inc. 331,657  3,018 
* Allscripts Healthcare Solutions, Inc. 287,766  2,970 
* Conceptus, Inc. 157,816  2,929 
* Acorda Therapeutics Inc. 161,838  2,905 
* Zoll Medical Corp. 109,054  2,900 
* Symmetry Medical Inc. 170,245  2,826 
* Xenoport Inc. 69,506  2,813 
* Air Methods Corp. 57,947  2,803 
* AMN Healthcare Services, Inc. 180,921  2,790 
* Sun Healthcare Group Inc. 206,960  2,719 
* eResearch Technology, Inc. 216,120  2,684 
* Abaxis, Inc. 114,989  2,664 
*^ Theravance, Inc. 247,360  2,605 
* PharMerica Corp. 154,256  2,556 
* SonoSite, Inc. 89,323  2,539 
* Quidel Corp. 156,896  2,520 
* Abraxis BioScience 42,593  2,516 
* ev3 Inc. 306,277  2,493 
* Pharmanet Development Group, Inc. 95,831  2,418 
* Emeritus Corp. 114,473  2,388 
* CV Therapeutics, Inc. 318,949  2,274 
* AMAG Pharmaceuticals, Inc. 55,738  2,254 
*^ Halozyme Therapeutics Inc. 352,709  2,243 
* Merit Medical Systems, Inc. 138,468  2,192 
* ViroPharma Inc. 242,467  2,168 
* Cyberonics, Inc. 144,051  2,089 
* APP Pharmaceuticals, Inc. 170,347  2,058 
*^ Geron Corp. 403,080  1,967 
*^ Sangamo BioSciences, Inc. 192,940  1,960 
* ICU Medical, Inc. 66,836  1,923 
* Volcano Corp. 149,699  1,871 
* XOMA Ltd. 705,275  1,827 
* OraSure Technologies, Inc. 249,523  1,824 
* Assisted Living Concepts Inc. 309,206  1,821 
*^ Sirona Dental Systems Inc. 66,620  1,797 
*^ MannKind Corp. 295,842  1,766 
* MedCath Corp. 96,489  1,756 
* TomoTherapy, Inc. 118,931  1,707 
* Indevus Pharmaceuticals, Inc. 345,104  1,646 
* Salix Pharmaceuticals, Ltd. 253,676  1,593 
*^ InterMune Inc. 108,082  1,576 
* Cypress Bioscience, Inc. 199,419  1,428 
*^ Genomic Health, Inc. 75,034  1,417 
*^ Dendreon Corp. 293,220  1,413 
* Palomar Medical Technologies, Inc. 92,664  1,399 
*^ Sirtis Pharmaceuticals Inc. 107,533  1,397 
* Momenta Pharmaceuticals, Inc. 126,851  1,386 
*^ GTx, Inc. 83,952  1,350 
* Insulet Corp. 91,551  1,318 
* Arena Pharmaceuticals, Inc. 192,520  1,317 
*^ Vital Images, Inc. 87,045  1,290 
*^ Zymogenetics, Inc. 130,855  1,282 
* Universal American Corp. 119,103  1,262 
*^ Medivation Inc. 84,906  1,208 
* Noven Pharmaceuticals, Inc. 130,913  1,176 
* Accuray Inc. 142,225  1,111 
* Akorn, Inc. 234,176  1,108 
* Neurocrine Biosciences, Inc. 203,058  1,097 
* Enzo Biochem, Inc. 114,769  1,043 
*^ Osiris Therapeutics, Inc. 77,754  978 
* Orexigen Therapeutics Inc. 90,765  935 
*^ Progenics Pharmaceuticals, Inc. 142,246  929 
*^ Stereotaxis Inc. 148,458  879 
* Array BioPharma Inc. 119,626  839 
   LCA-Vision Inc. 65,965  825 
* Omrix Biopharmaceuticals, Inc. 58,881  824 
* Lexicon Pharmaceuticals Inc. 402,420  813 
* Odyssey Healthcare, Inc. 87,282  786 
* Acadia Pharmaceuticals Inc. 83,982  761 
* Alliance Imaging, Inc. 88,451  761 
   Vital Signs, Inc. 14,922  756 
*^ Hansen Medical Inc. 52,345  736 
* Nighthawk Radiology Holdings, Inc. 72,561  679 
*^ Affymax Inc. 48,109  678 
* K-V Pharmaceutical Co. Class B 26,991  675 
* Nabi Biopharmaceuticals 163,294  656 
* Senomyx, Inc. 105,700  624 
* Aspect Medical Systems, Inc. 81,945  500 
*^ deCODE genetics, Inc. 313,115  479 
* Cadence Pharmaceuticals, Inc. 77,112  459 
* Clinical Data, Inc. 21,523  398 
* Emergent BioSolutions Inc. 31,744  283 
*^ Amicus Therapeutics, Inc. 20,868  223 
*^ Keryx Biopharmaceuticals, Inc. 221,394  133 
* Northstar Neuroscience, Inc. 49,002  77 
* Celgene Corp. 830  51 

        695,830 

   Industrials (17.2%)
   Bucyrus International, Inc. 199,810  20,311 
* Corrections Corp. of America 663,027  18,247 
* FTI Consulting, Inc. 256,695  18,236 
* Alliant Techsystems, Inc. 174,676  18,084 
* Covanta Holding Corp. 657,533  18,082 
* BE Aerospace, Inc. 494,400  17,279 
* General Cable Corp. 280,432  16,565 
* Kansas City Southern 410,565  16,468 
* Kirby Corp. 271,333  15,466 
   Donaldson Co., Inc. 380,699  15,335 
   Landstar System, Inc. 287,103  14,975 
* Copart, Inc. 380,461  14,747 
* IHS Inc. Class A 195,995  12,604 
   Graco, Inc. 336,015  12,184 
* Thomas & Betts Corp. 309,650  11,262 
* Waste Connections, Inc. 363,096  11,162 
   MSC Industrial Direct Co., Inc. Class A 254,562  10,755 
* Gardner Denver Inc. 285,766  10,602 
* Hexcel Corp. 510,578  9,757 
   Wabtec Corp. 247,389  9,317 
   Actuant Corp. 295,280  8,920 
   The Toro Co. 214,748  8,888 
   The Brink's Co. 129,556  8,704 
   Valmont Industries, Inc. 96,772  8,505 
* Teledyne Technologies, Inc. 178,207  8,376 
   Herman Miller, Inc. 325,805  8,005 
* Esterline Technologies Corp. 156,165  7,866 
* Geo Group Inc. 272,122  7,739 
* Orbital Sciences Corp. 315,194  7,596 
* Hub Group, Inc. 203,641  6,698 
   Mine Safety Appliances Co. 161,765  6,663 
* Continental Airlines, Inc. Class B 340,533  6,548 
   Watson Wyatt & Co. Holdings 113,534  6,443 
*^ Energy Conversion Devices, Inc. 213,548  6,385 
   UTI Worldwide, Inc. 317,878  6,383 
   Lindsay Manufacturing Co. 59,652  6,113 
* Clean Harbors Inc. 90,425  5,878 
* Genesee & Wyoming Inc. Class A 167,279  5,754 
* WESCO International, Inc. 152,478  5,564 
* AAR Corp. 202,599  5,525 
   Forward Air Corp. 155,046  5,495 
* ESCO Technologies Inc. 137,518  5,462 
^ Knight Transportation, Inc. 323,720  5,328 
* The Advisory Board Co. 96,623  5,309 
*^ The Middleby Corp. 84,950  5,300 
* II-VI, Inc. 134,768  5,118 
*^ American Superconductor Corp. 219,696  5,095 
* Chart Industries, Inc. 149,982  5,075 
*^ Evergreen Solar, Inc. 537,156  4,979 
* Perini Corp. 137,105  4,967 
* Navigant Consulting, Inc. 258,658  4,909 
*^ JetBlue Airways Corp. 838,120  4,861 
   Heartland Express, Inc. 336,632  4,800 
* Old Dominion Freight Line, Inc. 149,443  4,757 
* TransDigm Group, Inc. 125,324  4,643 
* TeleTech Holdings, Inc. 205,924  4,625 
   Healthcare Services Group, Inc. 216,003  4,458 
* GrafTech International Ltd. 273,988  4,441 
* Ceradyne, Inc. 138,733  4,434 
   Resources Connection, Inc. 245,290  4,383 
   Rollins, Inc. 243,339  4,305 
* RBC Bearings Inc. 115,122  4,274 
*^ American Commercial Lines Inc. 267,931  4,233 
* CoStar Group, Inc. 97,792  4,205 
   Titan International, Inc. 131,520  4,026 
* EMCOR Group, Inc. 173,438  3,852 
* Acco Brands Corp. 274,700  3,728 
* Huron Consulting Group Inc. 89,679  3,726 
* Astec Industries, Inc. 95,194  3,690 
   Interface, Inc. 250,601  3,521 
* Mobile Mini, Inc. 184,218  3,500 
* Layne Christensen Co. 99,869  3,497 
   HEICO Corp. 70,818  3,452 
* AirTran Holdings, Inc. 489,405  3,230 
* TrueBlue, Inc. 235,034  3,159 
   Heidrick & Struggles International, Inc. 94,160  3,063 
* Tetra Tech, Inc. 156,284  3,049 
   Administaff, Inc. 128,398  3,032 
*^ Taser International Inc. 320,222  3,010 
^ Badger Meter, Inc. 65,603  2,834 
   Dynamic Materials Corp. 64,997  2,808 
* Ladish Co., Inc. 77,633  2,795 
* GenCorp, Inc. 271,269  2,791 
* M&F Worldwide Corp. 74,019  2,768 
* American Reprographics Co. 182,387  2,707 
   American Science & Engineering, Inc. 49,435  2,698 
* Blount International, Inc. 215,041  2,660 
   Raven Industries, Inc. 87,070  2,638 
   Cubic Corp. 85,552  2,432 
* Team, Inc. 86,886  2,372 
   Steelcase Inc. 214,245  2,370 
* Atlas Air Worldwide Holdings, Inc. 42,726  2,350 
* DynCorp International Inc. Class A 136,913  2,284 
^ Gorman-Rupp Co. 67,076  2,206 
* NuCo2, Inc. 78,803  2,188 
* Korn/Ferry International 129,051  2,181 
   Freightcar America Inc. 63,005  2,161 
   Horizon Lines Inc. 107,646  2,003 
^ Simpson Manufacturing Co. 72,673  1,975 
*^ Fuel-Tech N.V. 95,538  1,959 
* Allegiant Travel Co. 72,034  1,903 
* CRA International Inc. 58,630  1,884 
* Cenveo Inc. 177,375  1,855 
   Sun Hydraulics Corp. 61,643  1,804 
* Innerworkings, Inc. 127,935  1,795 
* Kenexa Corp. 95,175  1,759 
* Beacon Roofing Supply, Inc. 153,578  1,536 
*^ FuelCell Energy, Inc. 223,987  1,490 
* Amerco, Inc. 24,405  1,393 
*^ 3D Systems Corp. 94,639  1,390 
* Pike Electric Corp. 97,242  1,355 
^ Houston Wire & Cable Co. 83,256  1,334 
* MTC Technologies, Inc. 52,576  1,250 
*^ Power-One, Inc. 374,103  1,201 
*^ Medis Technology Ltd. 131,164  1,190 
*^ Plug Power, Inc. 374,947  1,166 
* Hudson Highland Group, Inc. 136,518  1,156 
   Encore Wire Corp. 60,878  1,109 
   The Greenbrier Cos., Inc. 41,061  1,089 
   Knoll, Inc. 94,146  1,086 
* Columbus McKinnon Corp. 33,682  1,043 
* First Advantage Corp. Class A 48,578  1,029 
* H&E Equipment Services, Inc. 81,700  1,027 
   Aircastle Ltd. 87,818  988 
* Stanley Inc. 31,009  914 
* Kforce Inc. 94,264  833 
   American Railcar Industries, Inc. 36,842  749 
*^ Force Protection, Inc. 363,736  731 
* Universal Truckload Services, Inc. 34,502  720 
* TurboChef Technologies, Inc. 101,431  661 
*^ EnerNOC Inc. 55,769  636 
   Schawk, Inc. 39,596  633 
* Polypore International Inc. 29,993  621 
* LECG Corp. 66,035  618 
   HEICO Corp. Class A 13,152  516 
* Accuride Corp. 52,864  433 
*^ Applied Energetics, Inc. 169,445  281 
* TriMas Corp. 52,540  277 

        693,617 

   Information Technology (23.5%)
* FLIR Systems, Inc. 689,108  20,735 
* Mettler-Toledo International Inc. 192,626  18,708 
* Brocade Communications Systems, Inc. 2,081,470  15,195 
* Itron, Inc. 163,521  14,755 
* MICROS Systems, Inc. 437,896  14,740 
* ANSYS, Inc. 418,039  14,431 
* Ciena Corp. 459,150  14,156 
* Nuance Communications, Inc. 774,877  13,491 
*^ Cree, Inc. 455,453  12,734 
   FactSet Research Systems Inc. 233,868  12,598 
* CommScope, Inc. 359,402  12,518 
* Zebra Technologies Corp. Class A 363,368  12,108 
* Novell, Inc. 1,868,259  11,751 
* Equinix, Inc. 174,578  11,608 
* Varian Semiconductor Equipment Associates, Inc. 405,283  11,409 
   Global Payments Inc. 273,988  11,332 
* Polycom, Inc. 484,841  10,928 
   Jack Henry & Associates Inc. 430,482  10,620 
* Rambus Inc. 448,913  10,464 
* Parametric Technology Corp. 619,197  9,895 
* SINA.com 277,694  9,789 
* NeuStar, Inc. Class A 367,356  9,728 
* ValueClick, Inc. 524,502  9,048 
* Microsemi Corp. 392,435  8,948 
* Metavante Technologies 444,235  8,880 
   Broadridge Financial Solutions LLC 484,246  8,523 
* Silicon Laboratories Inc. 264,878  8,354 
   National Instruments Corp. 318,965  8,338 
* Unisys Corp. 1,877,982  8,319 
* F5 Networks, Inc. 453,570  8,241 
* Informatica Corp. 468,571  7,994 
*^ VistaPrint Ltd. 221,545  7,743 
* THQ Inc. 353,053  7,697 
* Atmel Corp. 2,159,799  7,516 
* Perot Systems Corp. 494,748  7,441 
* ON Semiconductor Corp. 1,305,036  7,413 
* Rofin-Sinar Technologies Inc. 165,086  7,412 
* TIBCO Software Inc. 1,018,223  7,270 
* Concur Technologies, Inc. 233,339  7,245 
* Plexus Corp. 248,131  6,960 
* Sohu.com Inc. 150,194  6,778 
* Amkor Technology, Inc. 630,768  6,749 
* Digital River, Inc. 215,814  6,684 
* Wright Express Corp. 212,399  6,527 
* Omniture, Inc. 281,212  6,527 
* Gartner, Inc. Class A 334,255  6,464 
* Atheros Communications, Inc. 303,294  6,321 
* Sybase, Inc. 239,490  6,299 
* Verigy Ltd. 318,960  6,009 
   ADTRAN Inc. 318,914  5,900 
* j2 Global Communications, Inc. 263,491  5,881 
* Intermec, Inc. 260,758  5,786 
   Blackbaud, Inc. 236,418  5,740 
* Foundry Networks, Inc. 495,687  5,740 
* VeriFone Holdings, Inc. 356,434  5,657 
* SRA International, Inc. 231,643  5,631 
* CNET Networks, Inc. 770,981  5,474 
* Tessera Technologies, Inc. 255,770  5,320 
* Take-Two Interactive Software, Inc. 197,785  5,047 
* InterDigital, Inc. 253,460  5,021 
* ATMI, Inc. 180,067  5,011 
* ScanSource, Inc. 138,239  5,003 
* Comtech Telecommunications Corp. 128,216  5,000 
* OmniVision Technologies, Inc. 295,295  4,967 
*^ Sonus Networks, Inc. 1,433,396  4,931 
   Acxiom Corp. 410,740  4,876 
* Semtech Corp. 339,577  4,866 
* EarthLink, Inc. 642,826  4,853 
* ManTech International Corp. 106,683  4,839 
   Cognex Corp. 219,876  4,800 
* FormFactor Inc. 246,634  4,711 
* Blackboard Inc. 140,152  4,671 
* Quest Software, Inc. 352,676  4,609 
* Websense, Inc. 242,501  4,547 
* Advent Software, Inc. 105,342  4,490 
* Net 1 UEPS Technologies, Inc. 195,555  4,410 
* TiVo Inc. 502,070  4,398 
* Infinera Corp. 366,231  4,395 
* Euronet Worldwide, Inc. 221,198  4,260 
* Cymer, Inc. 163,299  4,252 
* Cabot Microelectronics Corp. 128,400  4,128 
* L-1 Identity Solutions Inc. 300,927  4,002 
* The Ultimate Software Group, Inc. 132,108  3,971 
* RF Micro Devices, Inc. 1,464,060  3,894 
* Macrovision Corp. 286,631  3,870 
*^ ACI Worldwide, Inc. 191,185  3,809 
* Harmonic, Inc. 498,628  3,790 
* SPSS, Inc. 97,057  3,764 
* NETGEAR, Inc. 188,012  3,751 
* Synaptics Inc. 156,677  3,741 
* MicroStrategy Inc. 50,151  3,711 
* Blue Coat Systems, Inc. 168,240  3,708 
* DealerTrack Holdings Inc. 181,446  3,669 
* Diodes Inc. 160,339  3,521 
*^ Bankrate, Inc. 69,079  3,446 
*^ Sigma Designs, Inc. 149,845  3,397 
* Progress Software Corp. 112,466  3,365 
* PMC Sierra Inc. 580,025  3,306 
* EchoStar Corp. 111,552  3,295 
   Daktronics, Inc. 181,090  3,243 
* Wind River Systems Inc. 418,669  3,240 
   Syntel, Inc. 121,587  3,240 
* Sapient Corp. 465,384  3,239 
* Rogers Corp. 95,374  3,186 
* Epicor Software Corp. 280,650  3,143 
* Manhattan Associates, Inc. 136,410  3,128 
* RealNetworks, Inc. 542,714  3,110 
* MSC Software Corp. 238,536  3,099 
* Sykes Enterprises, Inc. 174,379  3,067 
   MTS Systems Corp. 94,418  3,046 
* ViaSat, Inc. 137,572  2,988 
   Fair Isaac, Inc. 134,198  2,888 
^ Quality Systems, Inc. 94,914  2,835 
   Micrel, Inc. 303,634  2,815 
* Hittite Microwave Corp. 74,474  2,787 
^ Heartland Payment Systems, Inc. 120,031  2,762 
* Tyler Technologies, Inc. 197,119  2,756 
* FEI Co. 125,798  2,746 
* Commvault Systems, Inc. 220,719  2,737 
* Lawson Software, Inc. 356,526  2,685 
* Veeco Instruments, Inc. 161,008  2,678 
* Dycom Industries, Inc. 218,578  2,625 
* FARO Technologies, Inc. 84,097  2,622 
* Applied Micro Circuits Corp. 364,101  2,614 
* SonicWALL, Inc. 314,713  2,571 
* Advanced Energy Industries, Inc. 193,215  2,562 
* Emulex Corp. 155,992  2,533 
* SAVVIS, Inc. 155,461  2,529 
* Data Domain, Inc. 105,007  2,499 
* Interwoven Inc. 232,503  2,483 
* Ansoft Corp. 81,213  2,479 
*^ Universal Display Corp. 169,530  2,428 
* Cogent Inc. 253,115  2,387 
* Solera Holdings, Inc. 96,837  2,359 
* Brightpoint, Inc. 282,115  2,358 
* Monolithic Power Systems 131,679  2,322 
* Move, Inc. 747,740  2,303 
*^ DTS Inc. 94,128  2,259 
* Silicon Image, Inc. 449,184  2,250 
*^ Netlogic Microsystems Inc. 90,567  2,186 
* Exar Corp. 262,966  2,164 
* EPIQ Systems, Inc. 137,363  2,132 
* Forrester Research, Inc. 80,131  2,130 
* ANADIGICS, Inc. 322,969  2,119 
* Mentor Graphics Corp. 238,963  2,110 
* Arris Group Inc. 361,380  2,103 
* Littelfuse, Inc. 59,749  2,089 
* Cavium Networks, Inc. 127,087  2,084 
   InfoSpace, Inc. 177,959  2,059 
*^ Echelon Corp. 152,379  2,057 
* VASCO Data Security International, Inc. 149,340  2,043 
*^ LoopNet, Inc. 155,924  1,980 
* Riverbed Technology, Inc. 132,041  1,962 
* Taleo Corp. Class A 100,952  1,958 
* Synchronoss Technologies, Inc. 95,294  1,909 
* Magma Design Automation, Inc. 198,497  1,900 
   Cohu, Inc. 116,852  1,899 
* Radiant Systems, Inc. 135,889  1,898 
*^ Finisar Corp. 1,481,460  1,896 
* Stratasys, Inc. 106,451  1,895 
* Vignette Corp. 142,202  1,878 
* Hughes Communications Inc. 35,893  1,819 
* Extreme Networks, Inc. 584,753  1,813 
* ComScore Inc. 89,402  1,793 
* The Knot, Inc. 151,380  1,779 
* ExlService Holdings, Inc. 76,593  1,759 
* Starent Networks Corp. 128,257  1,731 
* BearingPoint, Inc. 1,023,539  1,720 
* Ixia 219,710  1,705 
* Novatel Wireless, Inc. 174,028  1,685 
   Technitrol, Inc. 72,456  1,676 
* TTM Technologies, Inc. 146,984  1,664 
* Mattson Technology, Inc. 272,393  1,659 
* Intervoice, Inc. 205,921  1,639 
* Trident Microsystems, Inc. 317,910  1,637 
* Vocus, Inc. 61,329  1,619 
*^ UTStarcom, Inc. 549,671  1,561 
* Global Cash Access, Inc. 265,870  1,558 
* Comtech Group Inc. 143,460  1,548 
*^ SiRF Technology Holdings, Inc. 303,886  1,547 
*^ Conexant Systems, Inc. 2,624,783  1,522 
* Ariba, Inc. 150,292  1,452 
* Rackable Systems Inc. 157,327  1,435 
* Kulicke & Soffa Industries, Inc. 287,874  1,376 
* Newport Corp. 122,229  1,365 
* Harris Stratex Networks, Inc. Class A 136,079  1,365 
* Symyx Technologies, Inc. 178,538  1,339 
*^ Aruba Networks, Inc. 253,628  1,321 
*^ Palm, Inc. 264,132  1,321 
* Sonic Solutions, Inc. 133,390  1,287 
* IPG Photonics Corp. 81,863  1,284 
* Supertex, Inc. 61,985  1,265 
^ Marchex, Inc. 125,186  1,249 
* FalconStor Software, Inc. 159,539  1,214 
* Switch and Data Inc. 117,720  1,202 
* Perficient, Inc. 147,245  1,169 
* RightNow Technologies Inc. 98,018  1,166 
* Internap Network Services Corp. 234,813  1,165 
* MRV Communications Inc. 842,953  1,155 
* Advanced Analogic Technologies, Inc. 204,200  1,148 
* Ultratech, Inc. 118,572  1,139 
* Smart Modular Technologies Inc. 178,487  1,109 
* GSI Group, Inc. 141,015  1,097 
   Openwave Systems Inc. 445,495  1,091 
* Chordiant Software, Inc. 177,780  1,072 
*^ WebMD Health Corp. Class A 44,914  1,059 
* Lionbridge Technologies, Inc. 308,125  1,032 
* Multi-Fineline Electronix, Inc. 52,534  986 
* Packeteer, Inc. 193,286  984 
* iPass Inc. 316,708  956 
* BigBand Networks Inc. 161,393  925 
* Powerwave Technologies, Inc. 349,640  892 
* eSPEED, Inc. Class A 76,226  889 
   Bel Fuse, Inc. Class B 31,756  885 
   TNS Inc. 40,716  840 
* iGATE Corp. 114,558  816 
* S1 Corp. 108,611  772 
* Rudolph Technologies, Inc. 73,942  722 
* Eagle Test Systems, Inc. 67,447  708 
*^ Comverge Inc. 65,684  679 
*^ Orbcomm, Inc. 133,385  662 
* OpNext, Inc. 120,231  655 
* Liquidity Services, Inc. 81,769  654 
* TechTarget 43,239  613 
* Spansion Inc. Class A 221,126  608 
* Lattice Semiconductor Corp. 213,838  607 
* DivX, Inc. 83,164  582 
*^ Limelight Networks Inc. 153,429  497 
*^ Isilon Systems Inc. 98,384  480 
* Optium Corp. 61,622  433 
* PDF Solutions, Inc. 77,607  428 
   Renaissance Learning, Inc. 13,536  189 
* Jupitermedia Corp. 61,977  130 
   Bel Fuse, Inc. Class A 1,344  42 

        947,614 

   Materials (4.8%)
   Cleveland-Cliffs Inc. 223,500  26,780 
* Terra Industries, Inc. 477,992  16,983 
   Nalco Holding Co. 762,999  16,137 
   Airgas, Inc. 257,030  11,687 
   Hercules, Inc. 586,816  10,733 
   Carpenter Technology Corp. 170,345  9,534 
   Greif Inc. Class A 126,452  8,590 
*^ W.R. Grace & Co. 376,266  8,586 
^ Eagle Materials, Inc. 235,236  8,363 
   Scotts Miracle-Gro Co. 240,113  7,784 
   Texas Industries, Inc. 124,209  7,466 
* Hecla Mining Co. 644,223  7,190 
* RTI International Metals, Inc. 123,369  5,578 
   NewMarket Corp. 73,563  5,550 
   Kaiser Aluminum Corp. 76,958  5,333 
* Coeur d'Alene Mines Corp. 1,138,584  4,600 
*^ Zoltek Cos., Inc. 143,867  3,815 
*^ Stillwater Mining Co. 221,955  3,434 
* Haynes International, Inc. 62,168  3,412 
   Deltic Timber Corp. 56,726  3,160 
* Brush Engineered Materials Inc. 108,844  2,794 
   Silgan Holdings, Inc. 45,870  2,277 
*^ Calgon Carbon Corp. 133,304  2,006 
   Royal Gold, Inc. 50,610  1,527 
*^ General Moly, Inc. 187,704  1,500 
*^ Apex Silver Mines Ltd. 109,929  1,332 
   Myers Industries, Inc. 97,607  1,282 
   A.M. Castle & Co. 47,271  1,276 
* Flotek Industries, Inc. 83,432  1,217 
   American Vanguard Corp. 52,873  880 
* Graphic Packaging Holding Co. 268,076  783 
   Tronox Inc. 48,622  194 
   Tronox Inc. Class B 41,372  161 

        191,944 

   Telecommunication Services (1.3%)
* SBA Communications Corp. 507,284  15,132 
* Time Warner Telecom Inc. 662,842  10,267 
* Cogent Communications Group, Inc. 244,608  4,479 
*^ Rural Cellular Corp. Class A 69,977  3,095 
* Centennial Communications Corp. Class A 429,942  2,541 
* Cbeyond Inc. 120,977  2,273 
   NTELOS Holdings Corp. 90,050  2,179 
*^ Global Crossing Ltd. 130,916  1,985 
* Cincinnati Bell Inc. 464,421  1,979 
   iPCS, Inc. 77,525  1,810 
* General Communication, Inc. 239,996  1,474 
*^ Clearwire Corp. 94,222  1,395 
* PAETEC Holding Corp. 164,669  1,097 
*^ Globalstar, Inc. 132,133  963 
   Shenandoah Telecommunications Co. 59,398  881 
*^ Vonage Holdings Corp. 417,478  772 
* Fibertower Corp. 193,660  341 

        52,663 

   Utilities (0.1%)
   Ormat Technologies Inc. 90,324  3,885 
   SJW Corp. 25,841  739 

        4,624 




   Total Common Stocks
   (Cost $4,151,600)    4,023,265 



   Temporary Cash Investments (6.5%)



   Money Market Fund (6.5%)
1 Vanguard Market Liquidity Fund, 2.800% 262,936,482  262,936 
    
Face
     Amount
     ($000)
    
   U.S. Agency Obligations (0.0%)
2 Federal Home Loan Mortgage Corp.
3 3.607%, 4/7/08 1,000  1,000 
2 Federal National Mortgage Assn.
3 2.701%, 4/21/08 1,000  999 



   Total Temporary Cash Investments
   (Cost $264,934)    264,935 



   Total Investments (106.3%)
   (Cost $4,416,534)    4,288,200 



   Other Assets and Liabilities-Net (-6.3%)    (252,356)



   Net Assets (100%)    4,035,844 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
2 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
3 Securities with a value of $1,999,000 have been segregated as initial margin for open futures contracts.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

At March 31, 2008, the cost of investment securities for tax purposes was $4,416,534,000. Net unrealized depreciation of investment securities for tax purposes was $128,334,000, consisting of unrealized gains of $483,445,000 on securities that had risen in value since their purchase and $611,779,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 100.0% and 6.3%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At March 31, 2008, the aggregate settlement value of open futures contracts expiring in June 2008 and the related unrealized appreciation (depreciation) were:


($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

Russell 2000 Index 30  10,350  263 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities. Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table sumamrizes the inputs used to value the fund's net assets as of March 31, 2008:


Valuation Inputs Investments
in Securities
($000)
Futures
Contracts
($000)

Level 1- Quoted Prices 4,286,201  263 

Level 2- Other Significant Observable Inputs 1,999 

Level 3- Significant Unobservable Inputs

  Total 4,288,200  263 


Vanguard Small-Cap Value Index Fund
Schedule of Investments
March 31, 2008

Shares Market
Value
($000)



   Common Stocks (99.8%)    



   Consumer Discretionary (11.6%)
   Service Corp. International 1,608,841  16,314 
   Snap-On Inc. 316,246  16,081 
   Tupperware Brands Corp. 355,621  13,755 
   Phillips-Van Heusen Corp. 326,020  12,363 
* Lear Corp. 400,489  10,377 
* Getty Images, Inc. 309,386  9,900 
   MDC Holdings, Inc. 211,732  9,272 
   Barnes & Noble, Inc. 300,141  9,199 
   Gentex Corp. 515,184  8,835 
   Wolverine World Wide, Inc. 301,694  8,752 
* AnnTaylor Stores Corp. 359,550  8,694 
   Meredith Corp. 220,411  8,431 
   OfficeMax, Inc. 435,217  8,330 
   Brunswick Corp. 509,084  8,130 
   Ryland Group, Inc. 242,925  7,990 
   Regal Entertainment Group Class A 411,289  7,934 
* TRW Automotive Holdings Corp. 319,490  7,466 
   International Speedway Corp. 177,694  7,321 
* Quiksilver, Inc. 722,727  7,090 
* Rent-A-Center, Inc. 386,079  7,085 
   Regis Corp. 254,480  6,996 
   Men's Wearhouse, Inc. 291,995  6,795 
   Jones Apparel Group, Inc. 493,596  6,624 
   Interactive Data Corp. 217,455  6,191 
   Dillard's Inc. 351,165  6,044 
* Saks Inc. 484,374  6,040 
* Scholastic Corp. 191,091  5,784 
* Exide Technologies 434,570  5,693 
   Bob Evans Farms, Inc. 204,225  5,635 
*^ Zale Corp. 283,240  5,597 
   American Greetings Corp. Class A 295,671  5,485 
   American Axle & Manufacturing Holdings, Inc. 262,592  5,383 
   Belo Corp. Class A 508,018  5,370 
   Callaway Golf Co. 363,454  5,336 
   Cooper Tire & Rubber Co. 343,617  5,144 
   ArvinMeritor, Inc. 398,109  4,980 
   Penske Automotive Group Inc. 246,820  4,803 
   CBRL Group, Inc. 130,157  4,656 
^ Ethan Allen Interiors, Inc. 163,279  4,642 
* Collective Brands, Inc. 378,321  4,585 
* Tween Brands, Inc. 177,745  4,397 
* JAKKS Pacific, Inc. 154,875  4,270 
^ IHOP Corp. 88,257  4,228 
* Timberland Co. 289,851  3,980 
   Circuit City Stores, Inc. 973,157  3,873 
   Stage Stores, Inc. 238,976  3,871 
* DreamWorks Animation SKG, Inc. 144,839  3,734 
^ Columbia Sportswear Co. 83,412  3,673 
   Brown Shoe Co., Inc. 242,533  3,655 
   Domino's Pizza, Inc. 268,232  3,618 
   Harte-Hanks, Inc. 264,465  3,615 
   Sonic Automotive, Inc. 174,183  3,579 
^ The McClatchy Co. Class A 329,667  3,527 
   The Buckle, Inc. 78,716  3,521 
*^ Cabela's Inc. 247,133  3,499 
* The Children's Place Retail Stores, Inc. 141,281  3,470 
* Charming Shoppes, Inc. 707,685  3,418 
   Stewart Enterprises, Inc. Class A 519,926  3,338 
^ Furniture Brands International Inc. 265,956  3,112 
* Genesco, Inc. 131,572  3,041 
*^ Valassis Communications, Inc. 276,698  3,002 
   Group 1 Automotive, Inc. 124,828  2,931 
   Blyth, Inc. 148,093  2,920 
   UniFirst Corp. 78,680  2,918 
* Helen of Troy Ltd. 168,968  2,834 
   Hearst-Argyle Television Inc. 136,400  2,814 
* 99 Cents Only Stores 283,113  2,800 
   Sinclair Broadcast Group, Inc. 304,978  2,717 
   Superior Industries International, Inc. 130,629  2,711 
   Ameristar Casinos, Inc. 148,421  2,709 
   Cato Corp. Class A 177,690  2,655 
   Churchill Downs, Inc. 55,252  2,610 
   Modine Manufacturing Co. 179,152  2,596 
* Gaylord Entertainment Co. 83,277  2,522 
   Asbury Automotive Group, Inc. 182,264  2,508 
*^ Meritage Corp. 128,781  2,488 
* Aftermarket Technology Corp. 127,637  2,481 
^ La-Z-Boy Inc. 296,794  2,475 
   RCN Corp. 217,164  2,428 
   The Marcus Corp. 124,009  2,381 
*^ CSK Auto Corp. 253,736  2,362 
* The Dress Barn, Inc. 180,542  2,336 
^ Lee Enterprises, Inc. 231,250  2,315 
   Fred's, Inc. 220,317  2,258 
* Charlotte Russe Holding Inc. 129,672  2,249 
   Ruby Tuesday, Inc. 298,476  2,239 
* RC2 Corp. 106,040  2,224 
   Speedway Motorsports, Inc. 88,062  2,208 
   World Wrestling Entertainment, Inc. 118,380  2,203 
   Movado Group, Inc. 112,806  2,199 
^ Beazer Homes USA, Inc. 229,791  2,172 
* Cox Radio, Inc. 181,600  2,157 
   Oxford Industries, Inc. 92,912  2,093 
^ Standard Pacific Corp. 423,606  2,059 
   Journal Communications, Inc. 272,048  2,008 
   Jackson Hewitt Tax Service Inc. 174,029  1,996 
^ Borders Group, Inc. 339,690  1,994 
* Jo-Ann Stores, Inc. 129,511  1,908 
^ Citadel Broadcasting Corp. 1,066,520  1,770 
   Monro Muffler Brake, Inc. 104,534  1,767 
   Entercom Communications Corp. 168,243  1,671 
* Pier 1 Imports Inc. 258,689  1,625 
   Media General, Inc. Class A 114,537  1,606 
   Monaco Coach Corp. 166,227  1,576 
* Steven Madden, Ltd. 91,052  1,560 
   Sauer-Danfoss, Inc. 70,222  1,555 
^ Talbots Inc. 142,012  1,531 
   CSS Industries, Inc. 43,531  1,522 
   O'Charley's Inc. 128,121  1,476 
   FTD Group, Inc. 108,073  1,450 
^ Tempur-Pedic International Inc. 130,117  1,431 
   Gray Television, Inc. 247,892  1,411 
* Fisher Communications, Inc. 43,346  1,351 
* Skechers U.S.A., Inc. 66,418  1,342 
* Core-Mark Holding Co., Inc. 45,172  1,298 
^ Brookfield Homes Corp. 76,787  1,290 
*^ MarineMax, Inc. 100,787  1,256 
* Steak n Shake Co. 157,976  1,243 
^ M/I Homes, Inc. 72,977  1,239 
^ GateHouse Media, Inc. 202,990  1,185 
* AH Belo Corp. 102,963  1,177 
   Finish Line, Inc. 246,187  1,172 
   Landry's Restaurants, Inc. 69,961  1,139 
   Kenneth Cole Productions, Inc. 65,904  1,116 
*^ Hovnanian Enterprises Inc. Class A 104,432  1,107 
^ Warner Music Group Corp. 218,383  1,088 
   The Pep Boys (Manny, Moe & Jack) 105,635  1,052 
* Great Wolf Resorts, Inc. 160,978  1,027 
   Lithia Motors, Inc. 93,048  945 
* Tuesday Morning Corp. 181,323  939 
* Westwood One, Inc. 433,716  911 
   Stein Mart, Inc. 159,530  897 
* Bluegreen Corp. 128,400  860 
* Build-A-Bear-Workshop, Inc. 90,166  820 
* Knology, Inc. 61,111  791 
   Building Materials Holding Corp. 172,641  756 
   Dover Downs Gaming & Entertainment, Inc. 86,995  740 
*^ Avatar Holding, Inc. 15,741  686 
* Leapfrog Enterprises, Inc. 93,436  659 
* Radio One, Inc. Class D 430,989  655 
* ValueVision Media, Inc. 114,547  635 
^ Marine Products Corp. 76,772  620 
* Emmis Communications, Inc. 176,243  613 
^ Nautilus Inc. 184,944  608 
* Lin TV Corp. 56,197  540 
   Arctic Cat, Inc. 67,283  490 
*^ Six Flags, Inc. 275,823  452 
* Retail Ventures, Inc. 83,635  406 
*^ Krispy Kreme Doughnuts, Inc. 118,103  360 
*^ Palm Harbor Homes, Inc. 60,396  318 
^ Bon-Ton Stores, Inc. 42,693  234 
*^ Magna Entertainment Corp. Class A 236,691  80 
*^ Heelys Inc. 17,113  73 

        527,122 

   Consumer Staples (3.9%)
   Corn Products International, Inc. 432,106  16,048 
   J.M. Smucker Co. 315,461  15,965 
* BJ's Wholesale Club, Inc. 375,781  13,412 
   Del Monte Foods Co. 1,169,342  11,144 
   Universal Corp. (VA) 157,988  10,353 
   Ruddick Corp. 223,205  8,227 
   Longs Drug Stores, Inc. 174,167  7,395 
* Hain Celestial Group, Inc. 229,044  6,757 
* Performance Food Group Co. 204,794  6,693 
   Nu Skin Enterprises, Inc. 317,757  5,726 
*^ Chiquita Brands International, Inc. 245,786  5,680 
   Lancaster Colony Corp. 129,359  5,169 
   Pilgrim's Pride Corp. 249,769  5,053 
   Vector Group Ltd. 243,883  4,290 
* TreeHouse Foods Inc. 180,071  4,116 
   Sanderson Farms, Inc. 104,573  3,975 
   The Andersons, Inc. 87,777  3,916 
   WD-40 Co. 92,429  3,073 
* Elizabeth Arden, Inc. 150,508  3,003 
* Ralcorp Holdings, Inc. 49,253  2,864 
* Winn-Dixie Stores, Inc. 155,555  2,794 
   Nash-Finch Co. 78,065  2,653 
   Lance, Inc. 135,077  2,648 
   J & J Snack Foods Corp. 86,185  2,368 
* Alliance One International, Inc. 363,596  2,196 
   Weis Markets, Inc. 62,314  2,148 
* Darling International, Inc. 164,359  2,128 
   Ingles Markets, Inc. 72,060  1,772 
* Prestige Brands Holdings Inc. 204,259  1,671 
   PriceSmart, Inc. 59,872  1,659 
   Reddy Ice Holdings, Inc. 126,205  1,644 
   Tootsie Roll Industries, Inc. 64,262  1,619 
* The Pantry, Inc. 63,992  1,349 
* The Great Atlantic & Pacific Tea Co., Inc. 49,821  1,306 
* Central Garden & Pet Co. Class A 267,716  1,189 
   Farmer Brothers, Inc. 42,405  981 
   Alico, Inc. 21,584  953 
* Central Garden and Pet Co. 131,187  605 
^ Mannatech, Inc. 62,054  442 
*^ Spectrum Brands Inc. 83,093  380 
   National Beverage Corp. 34,310  263 

        175,627 

   Energy (5.6%)
* Forest Oil Corp. 457,710  22,409 
* Kinder Morgan Management, LLC 376,165  19,173 
   Cabot Oil & Gas Corp. 364,320  18,522 
   Helmerich & Payne, Inc. 388,357  18,202 
   Tidewater Inc. 300,926  16,584 
* Whiting Petroleum Corp. 245,242  15,855 
* Mariner Energy Inc. 478,323  12,920 
   Overseas Shipholding Group Inc. 171,183  11,990 
* Unit Corp. 173,973  9,856 
* Stone Energy Corp. 153,718  8,041 
* Hercules Offshore, Inc. 316,703  7,956 
* Swift Energy Co. 173,760  7,817 
* SEACOR Holdings Inc. 82,549  7,046 
* Bristow Group, Inc. 130,290  6,993 
   W&T Offshore, Inc. 175,992  6,003 
* Hornbeck Offshore Services, Inc. 127,034  5,802 
*^ BPZ Energy, Inc. 256,193  5,567 
* Pioneer Drilling Co. 286,681  4,567 
*^ Oilsands Quest, Inc. 1,102,272  4,343 
* Encore Acquisition Co. 103,670  4,176 
   General Maritime Corp. 164,823  3,891 
*^ Enbridge Energy Management LLC 69,102  3,360 
* Gulfmark Offshore, Inc. 52,961  2,898 
* Rosetta Resources, Inc. 146,910  2,890 
   Lufkin Industries, Inc. 42,378  2,705 
* Trico Marine Services, Inc. 69,196  2,697 
* Grey Wolf, Inc. 370,050  2,509 
* Harvest Natural Resources, Inc. 201,279  2,427 
   Western Refining, Inc. 176,891  2,383 
* Parker Drilling Co. 322,829  2,085 
* Complete Production Services, Inc. 89,508  2,053 
* Brigham Exploration Co. 252,284  1,531 
* Newpark Resources, Inc. 260,076  1,326 
* Bronco Drilling Co., Inc. 78,127  1,259 
   RPC Inc. 70,351  1,069 
* Basic Energy Services Inc. 41,780  923 
*^ Allis-Chalmers Energy Inc. 66,409  916 
*^ USEC Inc. 219,997  814 
* PHI Inc. Non-Voting Shares 25,685  810 
* Superior Well Services, Inc. 33,611  735 
* US BioEnergy Corp. 104,688  618 
*^ SulphCo, Inc. 135,294  564 
* Aventine Renewable Energy Holdings, Inc. 92,551  481 
*^ Evergreen Energy, Inc. 230,742  355 
*^ Verenium Corp. 66,062  233 
*^ GeoGlobal Resources Inc. 76,055  212 

        255,566 

   Financials (32.1%)
   Health Care Inc. REIT 470,556  21,236 
   Rayonier Inc. REIT 450,593  19,574 
   Nationwide Health Properties, Inc. REIT 536,673  18,113 
   Alexandria Real Estate Equities, Inc. REIT 184,046  17,065 
   Essex Property Trust, Inc. REIT 145,392  16,572 
   Cullen/Frost Bankers, Inc. 304,186  16,134 
   Waddell & Reed Financial, Inc. 481,743  15,478 
^ Realty Income Corp. REIT 583,536  14,950 
   Bank of Hawaii Corp. 282,887  14,020 
   Mack-Cali Realty Corp. REIT 392,043  14,000 
   StanCorp Financial Group, Inc. 285,941  13,642 
   BRE Properties Inc. Class A REIT 293,116  13,354 
   Senior Housing Properties Trust REIT 544,344  12,901 
   Arthur J. Gallagher & Co. 542,124  12,805 
   Aspen Insurance Holdings Ltd. 483,387  12,752 
   Valley National Bancorp 658,149  12,643 
   The Hanover Insurance Group Inc. 299,740  12,331 
   Fulton Financial Corp. 1,001,123  12,304 
* Investment Technology Group, Inc. 253,145  11,690 
   Wilmington Trust Corp. 371,062  11,540 
   Washington Federal Inc. 504,840  11,531 
   Endurance Specialty Holdings Ltd. 314,465  11,509 
   Douglas Emmett, Inc. REIT 507,270  11,190 
* Conseco, Inc. 1,077,095  10,986 
^ Apollo Investment Corp. 688,902  10,905 
   Platinum Underwriters Holdings, Ltd. 330,393  10,725 
* Alleghany Corp. 31,223  10,663 
   Susquehanna Bancshares, Inc. 492,196  10,026 
   Jefferies Group, Inc. 616,262  9,940 
   BancorpSouth, Inc. 427,279  9,896 
   IPC Holdings Ltd. 349,325  9,781 
   Post Properties, Inc. REIT 252,301  9,744 
   Reinsurance Group of America, Inc. 178,947  9,742 
   Highwood Properties, Inc. REIT 313,430  9,738 
   DCT Industrial Trust Inc. REIT 972,395  9,685 
   FirstMerit Corp. 464,591  9,598 
   Commerce Group, Inc. 260,328  9,387 
   Potlatch Corp. REIT 226,245  9,337 
   Kilroy Realty Corp. REIT 189,106  9,287 
   Home Properties, Inc. REIT 192,658  9,246 
   Whitney Holdings Corp. 371,350  9,206 
   National Retail Properties REIT 415,070  9,152 
* ProAssurance Corp. 169,782  9,139 
^ Ambac Financial Group, Inc. 1,570,755  9,032 
   BioMed Realty Trust, Inc. REIT 377,895  9,028 
   Washington REIT 269,376  9,003 
   Montpelier Re Holdings Ltd. 560,872  9,002 
   Allied World Assurance Holdings, Ltd. 225,082  8,936 
^ Westamerica Bancorporation 169,413  8,911 
   HRPT Properties Trust REIT 1,301,561  8,760 
   Corporate Office Properties Trust, Inc. REIT 259,742  8,730 
* Knight Capital Group, Inc. Class A 532,508  8,648 
   Entertainment Properties Trust REIT 175,042  8,635 
   Webster Financial Corp. 308,738  8,605 
   CBL & Associates Properties, Inc. REIT 360,406  8,480 
* SVB Financial Group 191,593  8,361 
   First Niagara Financial Group, Inc. 607,344  8,254 
   Assured Guaranty Ltd. 344,155  8,170 
   Brandywine Realty Trust REIT 476,257  8,077 
^ First Industrial Realty Trust REIT 257,836  7,965 
   First Midwest Bancorp, Inc. 280,518  7,790 
   Zenith National Insurance Corp. 214,016  7,675 
   Healthcare Realty Trust Inc. REIT 292,773  7,656 
   The Phoenix Cos., Inc. 626,360  7,648 
   Delphi Financial Group, Inc. 252,511  7,381 
   Selective Insurance Group 306,440  7,318 
^ MGIC Investment Corp. 689,686  7,262 
   National Penn Bancshares Inc. 397,235  7,226 
   Mercury General Corp. 157,918  6,997 
   Mid-America Apartment Communities, Inc. REIT 140,282  6,992 
   UMB Financial Corp. 168,506  6,942 
   Omega Healthcare Investors, Inc. REIT 392,602  6,816 
   International Bancshares Corp. 297,205  6,711 
*^ AmeriCredit Corp. 660,910  6,655 
   LaSalle Hotel Properties REIT 231,431  6,649 
   DiamondRock Hospitality Co. REIT 519,547  6,583 
   East West Bancorp, Inc. 364,037  6,462 
   EastGroup Properties, Inc. REIT 137,451  6,386 
   Max Re Capital Ltd. 243,712  6,383 
* Argo Group International Holdings 177,033  6,288 
   The South Financial Group, Inc. 418,155  6,214 
   Colonial Properties Trust REIT 257,957  6,204 
   Old National Bancorp 343,914  6,190 
* E*TRADE Financial Corp. 1,594,582  6,155 
   United Bankshares, Inc. 224,488  5,983 
   Odyssey Re Holdings Corp. 161,181  5,923 
   Trustmark Corp. 264,413  5,891 
   American Financial Realty Trust REIT 741,907  5,891 
   Prosperity Bancshares, Inc. 203,762  5,840 
   Extra Space Storage Inc. REIT 358,107  5,798 
   Hancock Holding Co. 136,822  5,749 
   R.L.I. Corp. 114,250  5,663 
   Strategic Hotels and Resorts, Inc. REIT 429,232  5,636 
^ Redwood Trust, Inc. REIT 153,922  5,595 
^ Cousins Properties, Inc. REIT 224,492  5,547 
   Sunstone Hotel Investors, Inc. REIT 342,621  5,485 
   Pennsylvania REIT 224,837  5,484 
   Pacific Capital Bancorp 254,490  5,472 
   Inland Real Estate Corp. REIT 359,493  5,468 
   F.N.B. Corp. 349,627  5,458 
   Citizens Banking Corp. 436,679  5,428 
   MFA Mortgage Investments, Inc. REIT 853,907  5,380 
^ Umpqua Holdings Corp. 346,127  5,368 
   Glacier Bancorp, Inc. 278,652  5,342 
   Sovran Self Storage, Inc. REIT 125,000  5,339 
   Employers Holdings, Inc. 286,394  5,310 
   Ares Capital Corp. 419,793  5,277 
   Erie Indemnity Co. Class A 100,693  5,154 
   Equity One, Inc. REIT 213,250  5,112 
   First Charter Corp. 190,807  5,096 
* Forestar Real Estate Group, Inc. 203,934  5,080 
   Cathay General Bancorp 244,483  5,068 
   Lexington Realty Trust REIT 349,209  5,032 
   MB Financial, Inc. 162,816  5,011 
   Franklin Street Properties Corp. REIT 345,866  4,953 
   Capitol Federal Financial 128,499  4,816 
   Midland Co. 72,760  4,724 
   First BanCorp Puerto Rico 454,188  4,615 
   Alfa Corp. 209,681  4,609 
   NewAlliance Bancshares, Inc. 375,786  4,607 
   Tanger Factory Outlet Centers, Inc. REIT 117,473  4,519 
   Provident Financial Services Inc. 319,075  4,512 
   Wintrust Financial Corp. 128,457  4,490 
   United Fire & Casualty Co. 118,661  4,438 
   Digital Realty Trust, Inc. REIT 124,799  4,430 
   Sterling Financial Corp. 282,061  4,403 
   First Commonwealth Financial Corp. 379,762  4,401 
   Horace Mann Educators Corp. 250,181  4,373 
^ Park National Corp. 60,890  4,314 
   American Campus Communities, Inc. REIT 157,389  4,306 
   Acadia Realty Trust REIT 176,439  4,261 
   National Health Investors REIT 136,154  4,255 
* Navigators Group, Inc. 77,828  4,234 
   Medical Properties Trust Inc. REIT 373,838  4,232 
   First Citizens BancShares Class A 30,242  4,214 
   Sterling Bancshares, Inc. 421,444  4,189 
   FelCor Lodging Trust, Inc. REIT 342,454  4,120 
   First Community Bancorp 153,334  4,117 
^ Frontier Financial Corp. 228,841  4,046 
   Community Bank System, Inc. 162,689  3,996 
   Infinity Property & Casualty Corp. 94,379  3,926 
   NBT Bancorp, Inc. 176,847  3,926 
   S & T Bancorp, Inc. 120,389  3,873 
^ TrustCo Bank NY 434,908  3,866 
   Ashford Hospitality Trust REIT 673,252  3,824 
   City Holding Co. 94,835  3,784 
   CVB Financial Corp. 361,278  3,761 
   Brookline Bancorp, Inc. 325,439  3,736 
^ United Community Banks, Inc. 219,554  3,728 
   First Financial Bankshares, Inc. 89,833  3,681 
* Stifel Financial Corp. 77,026  3,458 
   MCG Capital Corp. 378,782  3,443 
* Piper Jaffray Cos., Inc. 100,924  3,427 
   LandAmerica Financial Group, Inc. 85,326  3,368 
^ First Busey Corp. 158,391  3,345 
   Parkway Properties Inc. REIT 89,240  3,298 
^ Gramercy Capital Corp. REIT 155,378  3,252 
   Central Pacific Financial Co. 172,507  3,252 
   WesBanco, Inc. 130,820  3,233 
   U-Store-It Trust REIT 283,133  3,208 
   Investors Real Estate Trust REIT 320,465  3,134 
^ Maguire Properties, Inc. REIT 217,844  3,117 
   Bank Mutual Corp. 288,499  3,098 
   Financial Federal Corp. 140,989  3,075 
^ Northwest Bancorp, Inc. 112,422  3,072 
   Radian Group, Inc. 465,499  3,058 
   OneBeacon Insurance Group Ltd. 160,681  3,056 
   Cedar Shopping Centers, Inc. REIT 255,325  2,982 
   Chemical Financial Corp. 124,477  2,968 
^ NorthStar Realty Finance Corp. REIT 356,050  2,909 
   Provident New York Bancorp, Inc. 214,204  2,892 
   Harleysville Group, Inc. 78,412  2,830 
   National Western Life Insurance Co. Class A 12,778  2,770 
   IBERIABANK Corp. 62,520  2,767 
   American Equity Investment Life Holding Co. 295,572  2,743 
   Stewart Information Services Corp. 97,970  2,742 
   The PMI Group Inc. 469,626  2,733 
   LTC Properties, Inc. REIT 105,899  2,723 
   Safety Insurance Group, Inc. 79,419  2,711 
   First Merchants Corp. 94,844  2,707 
   Sandy Spring Bancorp, Inc. 95,044  2,616 
   Renasant Corp. 116,226  2,615 
   Glimcher Realty Trust REIT 217,485  2,601 
   American Physicians Capital, Inc. 54,845  2,543 
   Anworth Mortgage Asset Corp. REIT 414,661  2,542 
   Amcore Financial, Inc. 124,077  2,525 
   Sterling Financial Corp. (PA) 144,346  2,519 
^ Newcastle Investment Corp. REIT 304,730  2,517 
   Harleysville National Corp. 171,493  2,473 
   First Financial Bancorp 183,370  2,466 
   Independent Bank Corp. (MA) 82,451  2,436 
   Cohen & Steers, Inc. 91,884  2,434 
   State Auto Financial Corp. 82,685  2,409 
   Dime Community Bancshares 137,754  2,408 
^ Anthracite Capital Inc. REIT 364,687  2,407 
   Flagstone Reinsurance Holdings Ltd. 196,994  2,384 
^ National Financial Partners Corp. 105,985  2,381 
^ Capital Trust Class A REIT 86,919  2,342 
   Kite Realty Group Trust REIT 167,266  2,342 
* United America Indemnity, Ltd. 121,398  2,338 
^ RAIT Financial Trust REIT 334,592  2,322 
   Columbia Banking System, Inc. 103,223  2,310 
^ IndyMac Bancorp, Inc. 464,838  2,306 
* Texas Capital Bancshares, Inc. 136,431  2,303 
   Boston Private Financial Holdings, Inc. 216,100  2,288 
   Community Trust Bancorp Inc. 78,086  2,288 
   Ramco-Gershenson Properties Trust REIT 106,636  2,251 
   Presidential Life Corp. 127,884  2,230 
^ Downey Financial Corp. 120,584  2,216 
* Investors Bancorp, Inc. 142,939  2,194 
* Guaranty Financial Group, Inc. 203,922  2,166 
   Universal Health Realty Income REIT 64,840  2,159 
   First Potomac REIT 139,981  2,152 
*^ First Federal Financial Corp. 78,720  2,137 
   FBL Financial Group, Inc. Class A 74,781  2,131 
* Beneficial Mutual Bancorp, Inc. 213,710  2,114 
*^ Greenlight Capital Re. Ltd. 111,702  2,078 
   Education Realty Trust, Inc. REIT 164,576  2,069 
   Sun Communities, Inc. REIT 100,066  2,051 
   Castlepoint Holdings Ltd. 210,263  2,046 
   Omega Financial Corp. 65,549  2,045 
   CapLease, Inc. REIT 257,928  2,004 
   Saul Centers, Inc. REIT 39,885  2,004 
   Advance America, Cash Advance Centers, Inc. 265,234  2,002 
   BankFinancial Corp. 125,575  1,998 
   First Community Bancshares, Inc. 54,739  1,994 
   Anchor Bancorp Wisconsin Inc. 104,455  1,981 
   GMH Communities Trust REIT 228,275  1,981 
   Provident Bankshares Corp. 184,027  1,976 
   Capital Southwest Corp. 15,692  1,941 
   Washington Trust Bancorp, Inc. 77,739  1,929 
   Simmons First National Corp. 64,323  1,912 
   Tompkins Trustco, Inc. 38,555  1,897 
* FCStone Group, Inc. 67,290  1,864 
^ Capitol Bancorp Ltd. 85,734  1,812 
   SWS Group, Inc. 145,373  1,778 
* Centennial Bank Holdings Inc. 282,588  1,775 
   Nara Bancorp, Inc. 136,034  1,767 
* Hilltop Holdings Inc. 169,516  1,763 
^ Capital City Bank Group, Inc. 60,771  1,762 
   First Financial Corp. (IN) 56,677  1,745 
   City Bank Lynnwood (WA) 77,991  1,737 
^ Corus Bankshares Inc. 175,294  1,706 
   Hanmi Financial Corp. 230,543  1,704 
^ Arbor Realty Trust, Inc. REIT 112,634  1,699 
   PS Business Parks, Inc. REIT 32,709  1,698 
   WSFS Financial Corp. 34,067  1,679 
   Old Second Bancorp, Inc. 63,114  1,676 
   Compass Diversified Trust 127,403  1,675 
   Univest Corp. of Pennsylvania 63,159  1,654 
   BancFirst Corp. 35,561  1,628 
   First Source Corp. 76,722  1,615 
   Getty Realty Holding Corp. REIT 100,027  1,593 
^ S.Y. Bancorp, Inc. 67,823  1,576 
* CNA Surety Corp. 101,673  1,564 
   Integra Bank Corp. 96,255  1,559 
   Sterling Bancorp 98,664  1,532 
   Flagstar Bancorp, Inc. 211,398  1,526 
   First Financial Holdings, Inc. 63,819  1,497 
   Banner Corp. 64,300  1,481 
   First State Bancorporation 110,369  1,478 
* Alexander's, Inc. REIT 4,117  1,459 
   Midwest Banc Holdings, Inc. 112,705  1,440 
   Union Bankshares Corp. 73,378  1,421 
^ The First Marblehead Corp. 189,453  1,413 
   Urstadt Biddle Properties Class A REIT 89,502  1,408 
   Heartland Financial USA, Inc. 66,445  1,406 
   TriCo Bancshares 78,428  1,358 
   Friedman, Billings, Ramsey Group, Inc. REIT 766,738  1,303 
   Nelnet, Inc. 109,601  1,288 
^ Crystal River Capital Inc. REIT 142,931  1,276 
   West Coast Bancorp 85,472  1,247 
   First Place Financial Corp. 95,861  1,246 
   Independent Bank Corp. (MI) 117,434  1,219 
^ JER Investors Trust Inc. REIT 143,462  1,217 
   Donegal Group Inc. Class A 69,448  1,208 
*^ KBW Inc. 53,793  1,186 
   Baldwin & Lyons, Inc. Class B 44,094  1,132 
   Kearny Financial Corp. 102,598  1,123 
* FBR Capital Markets Corp. 154,614  1,044 
^ TierOne Corp. 89,723  1,012 
   BankAtlantic Bancorp, Inc. Class A 257,339  1,006 
   Republic Bancorp, Inc. Class A 52,797  997 
^ PFF Bancorp, Inc. 117,547  978 
*^ Ocwen Financial Corp. 218,977  972 
   United Community Financial Corp. 150,730  935 
^ BankUnited Financial Corp. 184,535  925 
^ Thornburg Mortgage, Inc. REIT 871,482  924 
^ Seacoast Banking Corp. of Florida 84,211  922 
* Tejon Ranch Co. 24,323  908 
   BlackRock Kelso Capital Corp. 75,455  901 
   Amtrust Financial Services Inc. 55,144  894 
   Resource America, Inc. 90,910  859 
^ ASTA Funding, Inc. 60,240  839 
   Gamco Investors Inc. Class A 16,363  824 
   Advanta Corp. Class B 115,522  812 
   National Interstate Corp. 33,877  791 
   Wilshire Bancorp Inc. 103,467  790 
   Great Southern Bancorp, Inc. 50,383  786 
   W Holding Co., Inc. 702,036  772 
*^ CompuCredit Corp. 87,031  772 
   Center Financial Corp. 73,801  669 
* Meruelo Maddux Properties Inc. 247,844  630 
   Asset Acceptance Capital Corp. 61,911  596 
^ Irwin Financial Corp. 110,052  584 
   Taylor Capital Group, Inc. 34,650  569 
^ Roma Financial Corp. 36,884  550 
   Advanta Corp. Class A 89,901  538 
*^ Franklin Bank Corp. 141,191  428 
* NewStar Financial, Inc. 73,962  383 
*^ Triad Guaranty, Inc. 71,547  358 
*^ Wauwatosa Holdings, Inc. 27,913  332 
* First Acceptance Corp. 109,769  313 
   Urstadt Biddle Properties REIT 19,216  312 
^ Deerfield Capital Corp. 224,384  310 
*^ Primus Guaranty, Ltd. 79,488  285 
* Thomas Weisel Partners Group, Inc. 36,904  244 
*^ Fremont General Corp. 398,356  199 
^ Security Capital Assurance, Ltd. 209,272  107 
* Ares Capital Corp. Rights Exp. 4/21/08 139,745  78 
* MCG Capital Corp. Rights Exp. 4/18/08 53,895  58 
* Scottish Re Group Ltd. 894 

        1,458,099 

   Health Care (4.6%)
   Perrigo Co. 458,689  17,306 
* Watson Pharmaceuticals, Inc. 568,349  16,664 
   PerkinElmer, Inc. 684,371  16,596 
   Universal Health Services Class B 288,634  15,497 
   STERIS Corp. 366,126  9,823 
   Owens & Minor, Inc. Holding Co. 235,740  9,274 
* LifePoint Hospitals, Inc. 318,621  8,753 
* AMERIGROUP Corp. 307,156  8,395 
   West Pharmaceutical Services, Inc. 186,767  8,261 
* Health Management Associates Class A 1,401,112  7,412 
* Alpharma, Inc. Class A 252,010  6,605 
* Bio-Rad Laboratories, Inc. Class A 53,586  4,766 
* Alexion Pharmaceuticals, Inc. 72,356  4,291 
* AmSurg Corp. 179,368  4,247 
* CONMED Corp. 165,159  4,235 
* Kindred Healthcare, Inc. 176,855  3,868 
   Invacare Corp. 169,603  3,779 
* Healthspring, Inc. 259,647  3,656 
* Par Pharmaceutical Cos. Inc. 195,258  3,396 
   Datascope Corp. 76,108  3,153 
* Matria Healthcare, Inc. 123,617  2,757 
   Landauer, Inc. 53,050  2,671 
* Isis Pharmaceuticals, Inc. 175,752  2,480 
* Greatbatch, Inc. 129,743  2,389 
* Regeneron Pharmaceuticals, Inc. 122,661  2,354 
* Res-Care, Inc. 134,964  2,315 
* Cross Country Healthcare, Inc. 174,973  2,164 
* Savient Pharmaceuticals Inc. 108,187  2,164 
   Ligand Pharmaceuticals Inc. Class B 502,326  2,009 
*^ Molina Healthcare Inc. 73,685  1,799 
   National Healthcare Corp. 36,109  1,759 
* Xenoport Inc. 40,372  1,634 
* Albany Molecular Research, Inc. 133,180  1,617 
   Vital Signs, Inc. 29,868  1,513 
* Arena Pharmaceuticals, Inc. 211,013  1,443 
* Universal American Corp. 128,847  1,366 
* AMAG Pharmaceuticals, Inc. 32,779  1,325 
* ViroPharma Inc. 142,576  1,275 
* Skilled Healthcare Group Inc. 112,434  1,235 
   Cambrex Corp. 168,636  1,169 
*^ Sirona Dental Systems Inc. 39,474  1,065 
* Cynosure Inc. 48,815  1,040 
* Array BioPharma Inc. 131,070  919 
* InterMune Inc. 62,394  910 
* Odyssey Healthcare, Inc. 96,134  865 
*^ Dendreon Corp. 174,284  840 
* Acadia Pharmaceuticals Inc. 92,387  837 
* Clinical Data, Inc. 43,261  800 
*^ Zymogenetics, Inc. 76,911  754 
* Nabi Biopharmaceuticals 177,647  714 
*^ Medivation Inc. 48,610  692 
* Accuray Inc. 83,311  651 
* Enzo Biochem, Inc. 67,277  612 
   LCA-Vision Inc. 38,444  481 
* Alliance Imaging, Inc. 51,597  444 
* Senomyx, Inc. 63,951  377 
*^ Amicus Therapeutics, Inc. 23,490  251 
* Northstar Neuroscience, Inc. 29,102  46 

        209,713 

   Industrials (15.7%)
   Ryder System, Inc. 334,984  20,404 
   Walter Industries, Inc. 299,659  18,768 
   Lincoln Electric Holdings, Inc. 236,513  15,253 
* URS Corp. 460,376  15,050 
   IDEX Corp. 470,518  14,440 
   The Timken Co. 470,024  13,969 
   DRS Technologies, Inc. 237,856  13,862 
   Kennametal, Inc. 450,156  13,248 
   Con-way, Inc. 260,616  12,895 
   Hubbell Inc. Class B 290,724  12,702 
^ Trinity Industries, Inc. 470,484  12,538 
   Carlisle Co., Inc. 357,954  11,970 
^ UAP Holding Corp. 300,458  11,520 
   Lennox International Inc. 313,962  11,293 
   Crane Co. 277,628  11,202 
   GATX Corp. 276,591  10,806 
   Curtiss-Wright Corp. 256,716  10,649 
   Acuity Brands, Inc. 245,461  10,542 
   Teleflex Inc. 216,604  10,334 
   Alexander & Baldwin, Inc. 234,623  10,107 
   Brady Corp. Class A 293,519  9,812 
   CLARCOR Inc. 273,122  9,709 
   Nordson Corp. 175,347  9,442 
   Woodward Governor Co. 352,134  9,409 
   The Brink's Co. 139,960  9,403 
   Belden Inc. 261,182  9,225 
* Moog Inc. 210,204  8,873 
* United Rentals, Inc. 445,843  8,400 
^ Genco Shipping and Trading Ltd. 133,334  7,524 
   Macquarie Infrastructure Co. LLC 246,605  7,184 
   Skywest, Inc. 337,882  7,136 
   Kaydon Corp. 161,091  7,074 
   Watson Wyatt & Co. Holdings 122,588  6,957 
   Eagle Bulk Shipping Inc. 269,737  6,948 
* United Stationers, Inc. 144,559  6,895 
   Regal-Beloit Corp. 185,287  6,787 
   Granite Construction Co. 205,641  6,727 
   Applied Industrial Technology, Inc. 224,886  6,722 
   Baldor Electric Co. 238,409  6,675 
^ HNI Corp. 239,026  6,427 
* Avis Budget Group, Inc. 599,470  6,366 
   Mueller Industries Inc. 214,006  6,174 
   Quintana Maritime Ltd. 249,596  5,910 
   ABM Industries Inc. 259,433  5,822 
^ Watsco, Inc. 140,211  5,808 
   Deluxe Corp. 300,932  5,781 
   Robbins & Myers, Inc. 168,116  5,489 
   Triumph Group, Inc. 96,416  5,489 
   Albany International Corp. 151,749  5,484 
* PHH Corp. 311,965  5,438 
^ Werner Enterprises, Inc. 289,384  5,371 
   Briggs & Stratton Corp. 286,016  5,120 
   Watts Water Technologies, Inc. 181,639  5,091 
* GrafTech International Ltd. 296,060  4,799 
* EnerSys 197,070  4,714 
   Ameron International Corp. 50,120  4,688 
* Alaska Air Group, Inc. 232,745  4,566 
   Arkansas Best Corp. 138,056  4,398 
*^ YRC Worldwide, Inc. 326,885  4,289 
   Barnes Group, Inc. 186,255  4,275 
* US Airways Group Inc. 477,096  4,251 
   CIRCOR International, Inc. 91,399  4,227 
* EMCOR Group, Inc. 187,281  4,160 
   G & K Services, Inc. Class A 116,146  4,136 
   IKON Office Solutions, Inc. 538,877  4,095 
   Armstrong Worldwide Industries, Inc. 114,758  4,092 
   Viad Corp. 112,732  4,059 
^ Simpson Manufacturing Co. 145,667  3,959 
   Mueller Water Products, Inc. 495,648  3,906 
* EnPro Industries, Inc. 124,787  3,892 
* Republic Airways Holdings Inc. 178,882  3,875 
   Federal Signal Corp. 276,647  3,862 
   A.O. Smith Corp. 117,488  3,862 
   Tennant Co. 96,686  3,849 
* School Specialty, Inc. 121,708  3,839 
   Kaman Corp. Class A 135,063  3,821 
* Continental Airlines, Inc. Class B 198,259  3,813 
* Consolidated Graphics, Inc. 63,253  3,545 
   Franklin Electric, Inc. 99,515  3,400 
* Superior Essex Inc. 118,480  3,332 
* Tetra Tech, Inc. 168,748  3,292 
   Pacer International, Inc. 200,312  3,291 
* WESCO International, Inc. 88,644  3,235 
   Universal Forest Products, Inc. 98,690  3,178 
   McGrath RentCorp 131,793  3,178 
* Interline Brands, Inc. 167,798  3,113 
   Kelly Services, Inc. Class A 150,650  3,097 
   Comfort Systems USA, Inc. 236,252  3,074 
   Tredegar Corp. 154,870  2,820 
* NCI Building Systems, Inc. 115,553  2,796 
   NACCO Industries, Inc. Class A 32,677  2,645 
   Apogee Enterprises, Inc. 168,001  2,587 
   Cascade Corp. 51,854  2,557 
* Atlas Air Worldwide Holdings, Inc. 46,176  2,540 
* Korn/Ferry International 141,398  2,390 
* Rush Enterprises, Inc. Class A 150,217  2,379 
   Ennis, Inc. 140,648  2,360 
   Bowne & Co., Inc. 153,999  2,348 
* CBIZ Inc. 281,456  2,285 
   TAL International Group, Inc. 96,032  2,263 
   Knoll, Inc. 190,123  2,194 
* Insituform Technologies Inc. Class A 158,565  2,193 
* Columbus McKinnon Corp. 67,509  2,091 
   CDI Corp. 83,083  2,081 
   Aircastle Ltd. 176,974  1,991 
* Spherion Corp. 323,489  1,980 
   Electro Rent Corp. 113,604  1,721 
   Gibraltar Industries Inc. 146,653  1,720 
* Dollar Thrifty Automotive Group, Inc. 123,901  1,690 
* TBS International Ltd. 54,343  1,641 
*^ RSC Holdings Inc. 148,813  1,622 
   Wabash National Corp. 176,962  1,591 
   Courier Corp. 62,476  1,559 
   Kimball International, Inc. Class B 138,100  1,480 
   Vicor Corp. 121,590  1,452 
^ Mueller Water Products, Inc. Class A 168,944  1,382 
   Steelcase Inc. 124,832  1,381 
* Griffon Corp. 157,282  1,353 
* Argon ST, Inc. 75,793  1,289 
* Polypore International Inc. 60,413  1,250 
* Commercial Vehicle Group Inc. 123,723  1,226 
* Volt Information Sciences Inc. 71,218  1,208 
^ The Greenbrier Cos., Inc. 45,058  1,195 
   Horizon Lines Inc. 62,649  1,166 
   Great Lakes Dredge & Dock Co. 221,561  1,145 
^ American Woodmark Corp. 54,018  1,111 
* Cenveo Inc. 103,256  1,080 
* Aerovironment Inc. 51,074  1,044 
* ABX Holdings Inc. 341,693  1,004 
* Kforce Inc. 103,404  914 
*^ Beacon Roofing Supply, Inc. 90,973  910 
   Lawson Products, Inc. 32,587  898 
* FuelCell Energy, Inc. 133,157  885 
^ Bluelinx Holdings Inc. 173,549  883 
* Accuride Corp. 107,357  878 
* Amerco, Inc. 14,350  819 
*^ Builders FirstSource, Inc. 104,130  756 
   Schawk, Inc. 42,783  684 
* Rush Enterprises, Inc. Class B 46,275  679 
   Encore Wire Corp. 35,408  645 
* Stanley Inc. 18,393  542 
   The Standard Register Co. 62,704  488 
   American Railcar Industries, Inc. 21,449  436 
* LECG Corp. 39,801  373 
* PGT, Inc. 73,827  202 
   Xerium Technologies Inc. 130,494  168 
* TriMas Corp. 31,708  167 

        712,523 

   Information Technology (9.2%)
* Synopsys, Inc. 836,732  19,002 
   Diebold, Inc. 379,844  14,263 
* Anixter International Inc. 194,834  12,477 
* QLogic Corp. 791,118  12,144 
* Compuware Corp. 1,652,173  12,127 
* SAIC, Inc. 628,968  11,693 
* Convergys Corp. 751,801  11,322 
* Tech Data Corp. 318,817  10,457 
* Integrated Device Technology Inc. 1,097,756  9,803 
* International Rectifier Corp. 418,631  9,001 
* Vishay Intertechnology, Inc. 992,978  8,996 
* Fairchild Semiconductor International, Inc. 718,401  8,563 
* ADC Telecommunications, Inc. 678,376  8,195 
* CACI International, Inc. 173,279  7,893 
* Benchmark Electronics, Inc. 412,844  7,411 
* MPS Group, Inc. 581,180  6,870 
* Sybase, Inc. 258,827  6,807 
   Global Payments Inc. 159,443  6,595 
* Skyworks Solutions, Inc. 886,736  6,455 
* Checkpoint Systems, Inc. 229,434  6,160 
* MKS Instruments, Inc. 278,173  5,953 
*^ Avid Technology, Inc. 237,079  5,771 
* Take-Two Interactive Software, Inc. 213,658  5,453 
   Plantronics, Inc. 280,508  5,417 
* 3Com Corp. 2,316,483  5,305 
* Emulex Corp. 313,560  5,092 
* Sanmina-SCI Corp. 3,060,612  4,958 
   Broadridge Financial Solutions LLC 281,672  4,957 
* Insight Enterprises, Inc. 279,593  4,893 
* Electronics for Imaging, Inc. 327,693  4,889 
* Entegris Inc. 666,980  4,796 
* Solera Holdings, Inc. 194,480  4,738 
   MAXIMUS, Inc. 128,054  4,701 
* Tekelec 360,093  4,483 
* Avocent Corp. 259,674  4,388 
   Imation Corp. 192,840  4,385 
* ON Semiconductor Corp. 759,373  4,313 
* Sycamore Networks, Inc. 1,143,405  4,185 
* TriQuint Semiconductor, Inc. 816,438  4,131 
   United Online, Inc. 390,735  4,126 
* Zoran Corp. 296,519  4,050 
* Brooks Automation, Inc. 409,051  3,976 
* Standard Microsystem Corp. 135,541  3,955 
* Progress Software Corp. 122,029  3,651 
* EchoStar Corp. 120,904  3,572 
* PMC Sierra Inc. 625,910  3,568 
* CMGI, Inc. 268,653  3,562 
   Technitrol, Inc. 145,713  3,370 
* Foundry Networks, Inc. 289,257  3,350 
* Axcelis Technologies, Inc. 590,334  3,306 
   Black Box Corp. 102,063  3,149 
   Fair Isaac, Inc. 145,206  3,125 
* Cirrus Logic, Inc. 462,769  3,110 
* JDA Software Group, Inc. 166,374  3,036 
* Lawson Software, Inc. 385,752  2,905 
* Ariba, Inc. 300,164  2,900 
   Park Electrochemical Corp. 111,471  2,882 
* Electro Scientific Industries, Inc. 160,536  2,646 
   Methode Electronics, Inc. Class A 219,306  2,564 
* Quantum Corp. 1,171,205  2,506 
* Hutchinson Technology, Inc. 150,449  2,394 
* DSP Group Inc. 187,343  2,387 
* CSG Systems International, Inc. 204,950  2,330 
* Actel Corp. 150,369  2,302 
* Mentor Graphics Corp. 258,701  2,284 
* Arris Group Inc. 390,952  2,275 
* Littelfuse, Inc. 64,566  2,258 
* Mastec Inc. 271,551  2,229 
* Photronics, Inc. 229,430  2,191 
   CTS Corp. 193,060  2,066 
* Adaptec, Inc. 698,695  2,054 
* Secure Computing Corp. 308,797  1,992 
* KEMET Corp. 484,867  1,959 
   Agilysys, Inc. 152,306  1,767 
* SYNNEX Corp. 82,277  1,746 
* Ness Technologies Inc. 180,977  1,717 
   TNS Inc. 82,755  1,708 
* Loral Space and Communications Ltd. 70,982  1,692 
* FEI Co. 73,223  1,598 
* Ciber, Inc. 321,364  1,575 
* S1 Corp. 221,024  1,571 
*^ Nextwave Wireless Inc. 294,023  1,485 
*^ Palm, Inc. 286,301  1,432 
* Silicon Storage Technology, Inc. 543,790  1,425 
* Lattice Semiconductor Corp. 431,918  1,227 
* Spansion Inc. Class A 445,865  1,226 
   infoUSA Inc. 195,234  1,193 
   Gevity HR, Inc. 137,462  1,190 
* Asyst Technologies, Inc. 290,523  1,017 
* eSPEED, Inc. Class A 83,722  976 
* TTM Technologies, Inc. 86,205  976 
* Powerwave Technologies, Inc. 381,650  973 
* Credence Systems Corp. 530,933  903 
   MoneyGram International, Inc. 483,801  900 
* Borland Software Corp. 420,010  848 
* Newport Corp. 71,175  795 
* Rudolph Technologies, Inc. 80,859  790 
* GSI Group, Inc. 83,117  647 
   Bel Fuse, Inc. Class B 18,269  509 
   Renaissance Learning, Inc. 27,172  380 
* PDF Solutions, Inc. 47,438  261 
   Bel Fuse, Inc. Class A 7,178  225 
* Jupitermedia Corp. 68,521  143 

        419,967 

   Materials (7.9%)
   Reliance Steel & Aluminum Co. 389,219  23,299 
   FMC Corp. 414,680  23,011 
   Commercial Metals Co. 647,034  19,392 
   RPM International, Inc. 700,876  14,676 
   AptarGroup Inc. 374,764  14,589 
   Cytec Industries, Inc. 262,118  14,115 
   Packaging Corp. of America 609,780  13,616 
* Century Aluminum Co. 189,245  12,536 
   Quanex Corp. 214,630  11,105 
   Compass Minerals International, Inc. 186,657  11,009 
   Valspar Corp. 551,522  10,942 
   Cabot Corp. 376,961  10,555 
   Chemtura Corp. 1,396,976  10,254 
* OM Group, Inc. 175,599  9,577 
   Schnitzer Steel Industries, Inc. Class A 122,537  8,703 
   Olin Corp. 428,384  8,465 
   Temple-Inland Inc. 612,429  7,790 
   Sensient Technologies Corp. 259,978  7,667 
   H.B. Fuller Co. 346,553  7,073 
* Rockwood Holdings, Inc. 213,155  6,985 
   Minerals Technologies, Inc. 111,181  6,982 
   Airgas, Inc. 149,524  6,799 
   Worthington Industries, Inc. 375,394  6,333 
   Rock-Tenn Co. 198,582  5,952 
   Carpenter Technology Corp. 99,142  5,549 
   Louisiana-Pacific Corp. 597,355  5,484 
   Arch Chemicals, Inc. 143,481  5,346 
*^ Coeur d'Alene Mines Corp. 1,230,235  4,970 
   Silgan Holdings, Inc. 92,021  4,567 
   Koppers Holdings, Inc. 96,208  4,263 
   AMCOL International Corp. 130,195  4,066 
*^ AbitibiBowater, Inc. 312,969  4,040 
   Glatfelter 247,430  3,739 
   Ferro Corp. 251,124  3,732 
* PolyOne Corp. 510,539  3,252 
* Headwaters Inc. 244,604  3,226 
   Royal Gold, Inc. 101,586  3,065 
   Innospec, Inc. 138,019  2,926 
   A. Schulman Inc. 135,778  2,788 
*^ Apex Silver Mines Ltd. 220,718  2,675 
* Buckeye Technology, Inc. 211,505  2,360 
   Neenah Paper Inc. 86,252  2,224 
   Wausau Paper Corp. 261,040  2,156 
   Schweitzer-Mauduit International, Inc. 85,284  1,973 
   Spartech Corp. 185,512  1,568 
   Westlake Chemical Corp. 113,340  1,479 
   A.M. Castle & Co. 51,809  1,399 
^ Georgia Gulf Corp. 192,287  1,333 
*^ Calgon Carbon Corp. 78,271  1,178 
   Innophos Holdings Inc. 61,481  989 
   American Vanguard Corp. 57,823  962 
* General Moly, Inc. 109,275  873 
* Graphic Packaging Holding Co. 295,707  863 
   Myers Industries, Inc. 57,356  753 
   NL Industries, Inc. 56,581  618 
   Sims Group Ltd. ADR 20,463  563 
   Tronox Inc. Class B 83,636  326 
   Tronox Inc. 55,579  222 

        356,952 

   Telecommunication Services (0.7%)
* Premiere Global Services, Inc. 340,553  4,884 
* Syniverse Holdings Inc. 256,254  4,269 
* Cincinnati Bell Inc. 931,131  3,967 
   Alaska Communications Systems Holdings, Inc. 247,272  3,027 
   Iowa Telecommunications Services Inc. 163,042  2,891 
* TerreStar Corp. 454,528  2,218 
   Consolidated Communications Holdings, Inc. 135,685  2,053 
   Atlantic Tele-Network, Inc. 57,748  1,954 
   FairPoint Communications, Inc. 203,349  1,834 
   SureWest Communications 83,525  1,291 
   USA Mobility, Inc. 151,652  1,083 
^ IDT Corp. Class B 250,932  971 
   Shenandoah Telecommunications Co. 64,514  957 
*^ Clearwire Corp. 55,151  817 
* Fibertower Corp. 219,512  386 
   IDT Corp. 79,689  266 

        32,868 

   Utilities (8.5%)
   National Fuel Gas Co. 457,833  21,614 
   CMS Energy Corp. 1,299,618  17,597 
   Puget Energy, Inc. 676,476  17,500 
   Sierra Pacific Resources 1,349,398  17,043 
   OGE Energy Corp. 530,005  16,520 
   UGI Corp. Holding Co. 615,979  15,350 
   AGL Resources Inc. 442,053  15,171 
   ITC Holdings Corp. 280,030  14,578 
^ Aqua America, Inc. 769,333  14,448 
   Southern Union Co. 588,972  13,705 
   Atmos Energy Corp. 518,137  13,212 
   Westar Energy, Inc. 577,053  13,139 
   Great Plains Energy, Inc. 497,533  12,264 
   Vectren Corp. 441,786  11,853 
   Hawaiian Electric Industries Inc. 479,449  11,444 
^ Piedmont Natural Gas, Inc. 427,601  11,229 
   WGL Holdings Inc. 285,489  9,153 
   Nicor Inc. 260,494  8,729 
   IDACORP, Inc. 259,253  8,325 
   Portland General Electric Co. 360,955  8,140 
   Black Hills Corp. 217,996  7,800 
   Cleco Corp. 346,404  7,683 
   New Jersey Resources Corp. 242,960  7,544 
* Aquila, Inc. 2,170,459  6,967 
   Southwest Gas Corp. 246,137  6,882 
   Northwest Natural Gas Co. 152,708  6,634 
   South Jersey Industries, Inc. 170,681  5,993 
   Avista Corp. 305,138  5,968 
   ALLETE, Inc. 151,206  5,839 
   Otter Tail Corp. 163,627  5,791 
* El Paso Electric Co. 260,512  5,567 
   PNM Resources Inc. 443,220  5,527 
   NorthWestern Corp. 214,086  5,217 
   UniSource Energy Corp. 203,952  4,540 
   California Water Service Group 113,272  4,321 
   MGE Energy, Inc. 126,192  4,298 
   The Laclede Group, Inc. 118,834  4,234 
   UIL Holdings Corp. 137,930  4,156 
   Empire District Electric Co. 193,675  3,922 
   American States Water Co. 99,260  3,573 
   CH Energy Group, Inc. 90,984  3,539 
   SJW Corp. 52,215  1,493 

        388,502 




   Total Common Stocks
   (Cost $4,664,082)    4,536,939 



   Temporary Cash Investments (4.8%)



   Money Market Fund (4.8%)
1 Vanguard Market Liquidity Fund, 2.800% 215,943,287  215,943 
    
Face
     Amount
     ($000)
    
   U.S. Agency Obligations (0.0%)
2 Federal Home Loan Bank
3 2.839%, 4/4/08 1,000  1,000 
2 Federal National Mortgage Assn.
3 2.701%, 4/21/08 1,000  999 



   Total Temporary Cash Investments
   (Cost $217,942)    217,942 



   Total Investments (104.6%)
   (Cost $4,882,024)    4,754,881 



   Other Assets and Liabilities-Net (-4.6%)    (210,498)



   Net Assets (100%)    4,544,383 




* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. 1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
2 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
3 Securities with a value of $1,999,000 have been segregated as initial margin for open futures contracts.
ADR - American Depositary Receipt.
REIT - Real Estate Investment Trust.

Investment Securities: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities' primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

At March 31, 2008, the cost of investment securities for tax purposes was $4,882,024,000. Net unrealized depreciation of investment securities for tax purposes was $127,143,000, consisting of unrealized gains of $569,892,000 on securities that had risen in value since their purchase and $697,035,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 99.9% and 4.7%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At March 31, 2008, the aggregate settlement value of open futures contracts expiring in June 2008 and the related unrealized appreciation (depreciation) were:


($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

E-mini Russell 2000 Index 60  4,140  (20)

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

In September 2006, the Financial Accounting Standards Board issued Interpretation No. 157 ("FAS 157), "Fair Value Measurements." FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels:

Level 1-- quoted prices in active markets for identical securities.
Level 2-- other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3-- significant unobservable inputs (including the fund's own assumptions used to determine the fair value of investments).

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table sumamrizes the inputs used to value the fund's net assets as of March 31, 2008:


Valuation Inputs Investments
in Securities
($000)
Futures
Contracts
($000)

Level 1- Quoted Prices 4,752,882  (20)

Level 2- Other Significant Observable Inputs 1,999 

Level 3- Significant Unobservable Inputs

  Total 4,754,881  (20)


Item 2: Controls and Procedures.

(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

(b) Internal Control Over Financial Reporting. During the last fiscal quarter, there was no significant change in the Registrant’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3:

Exhibits.
(a) Certifications.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Vanguard Index Funds

BY: (signature)
(HEIDI STAM)
JOHN J. BRENNAN*
CHIEF EXECUTIVE OFFICER

Date: May 13, 2008

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Vanguard Index Funds

BY: (signature)
(HEIDI STAM)
JOHN J. BRENNAN*
CHIEF EXECUTIVE OFFICER

Date: May 13, 2008

Vanguard Index Funds

BY: (signature)
(HEIDI STAM)
THOMAS J. HIGGINS*
TREASURER

Date: May 13, 2008

*By Power of Attorney, Filed on January 18, 2008, See File Number 2-29601. Incorporated by Reference.

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