WASATCH FUNDS - Curian Clearing

WASATCH LARGE CAP VALUE FUND (FMIEX / WILCX) — Schedule of Investments
MARCH 31, 2015 (UNAUDITED)
Shares
Value
Shares
Value
COMMON STOCKS 97.8%
Casinos & Gaming 1.8%
101,546 Las Vegas Sands Corp. $ 5,589,092
Commodity Chemicals 0.5%
19,080 LyondellBasell Industries N.V., Class A 1,675,224
Communications Equipment 3.8%
430,602 Cisco Systems, Inc. 11,852,320
Computer & Electronics Retail 1.4%
119,569 GameStop Corp., Class A 4,538,839
Department Stores 2.7%
133,342 Macy’s, Inc. 8,655,229
Diversified Banks 13.9%
247,959 Citigroup, Inc. 12,774,848
150,145 HSBC Holdings plc ADR
(United Kingdom) 6,394,676
207,421 JPMorgan Chase & Co. 12,565,564
222,691 Wells Fargo & Co. 12,114,390
43,849,478
Diversified Chemicals 1.7%
77,789 Eastman Chemical Co. 5,387,666
Diversified REITs 1.6%
203,772 Select Income REIT 5,092,262
Electrical Components &
Equipment 5.1%
154,273 Eaton Corp. plc 10,481,307
71,029 Regal-Beloit Corp. 5,676,638
16,157,945
Environmental & Facilities
Services 1.4%
138,531 ABM Industries, Inc. 4,413,598
Health Care Equipment 5.9%
154,824 Abbott Laboratories 7,172,996
145,335 Medtronic plc 11,334,677
18,507,673
Household Products 6.2%
93,177 Kimberly-Clark Corp. 9,980,188
115,837 Procter & Gamble Co. (The) 9,491,684
19,471,872
Industrial Conglomerates 4.4%
559,025 General Electric Co. 13,869,410
Integrated Oil & Gas 7.6%
72,187 Chevron Corp. 7,578,191
98,866 Occidental Petroleum Corp. 7,217,218
311,139 Suncor Energy, Inc. (Canada) 9,100,816
23,896,225
Integrated Telecommunication
Services 3.3%
216,425 Verizon Communications, Inc. 10,524,748
Investment Banking &
Brokerage 2.7%
45,696 Goldman Sachs Group, Inc. (The) 8,589,477
Multi-Line Insurance 3.8%
216,593 American International Group, Inc. 11,867,130
Oil & Gas Equipment & Services 1.5%
104,421 Halliburton Co. 4,581,994
Other Diversified Financial
Services 2.9%
215,117 Voya Financial, Inc. 9,273,694
Pharmaceuticals 10.5%
135,929 Johnson & Johnson $ 13,674,457
368,774 Pfizer, Inc. 12,829,648
28,245 Shire plc ADR (Ireland) 6,758,746
33,262,851
Regional Banks 3.1%
105,947 PNC Financial Services Group, Inc. 9,878,498
Semiconductors 1.7%
167,279 Intel Corp. 5,230,814
Specialized REITs 3.1%
163,818 EPR Properties 9,833,995
Systems Software 4.3%
154,274 Microsoft Corp. 6,272,010
165,100 Oracle Corp. 7,124,065
13,396,075
Technology Hardware, Storage &
Peripherals 2.9%
73,049 Apple, Inc. 9,089,487
Principal
Amount
Total Common Stocks
(cost $267,547,871) 308,485,596
Value
SHORT-TERM INVESTMENTS 2.5%
Repurchase Agreement 2.5%
$7,858,745 Repurchase Agreement dated 3/31/15,
0.00% due 4/1/15 with State Street Bank
and Trust Co. collateralized by $8,030,000
of United States Treasury Notes 1.375%
due 3/31/20; value: $8,019,963; repurchase
proceeds: $7,858,745 (cost $7,858,745) $ 7,858,745
Total Short-Term Investments
(cost $7,858,745) 7,858,745
Total Investments
(cost $275,406,616) 100.3% 316,344,341
Liabilities less Other Assets (0.3%) (934,080)
NET ASSETS 100.0% $315,410,261
ADR American Depositary Receipt.
REIT Real Estate Investment Trust.
See Notes to Financial Statements.
At March 31, 2015, Wasatch Large Cap Value Fund’s investments, excluding
short-term investments, were in the following countries:
Country %
Canada 2.9
Ireland 2.2
United Kingdom 2.1
United States 92.8
TOTAL 100.0%
69