| American Water Works Co Inc | 7.88 | 560,428 |
| Xylem Inc/NY | 7.34 | 559,975 |
| United Utilities Group PLC | 6.06 | 4,070,841 |
| Veralto Corp | 5.83 | 506,811 |
| Severn Trent PLC | 5.61 | 1,580,987 |
| Essential Utilities Inc | 4.56 | 1,112,156 |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP | 4.37 | 2,697,800 |
| Geberit AG | 3.98 | 62,056 |
| Ecolab Inc | 3.95 | 149,247 |
| Veolia Environnement SA | 3.78 | 1,191,632 |
| Pentair PLC | 3.54 | 311,044 |
| Advanced Drainage Systems Inc | 3.45 | 263,869 |
| Core & Main Inc | 3.13 | 544,761 |
| Badger Meter Inc | 2.65 | 110,696 |
| Zurn Elkay Water Solutions Corp | 2.28 | 540,762 |
| American States Water Co | 1.97 | 224,781 |
| California Water Service Group | 1.81 | 352,920 |
| Watts Water Technologies Inc | 1.78 | 77,311 |
| Franklin Electric Co Inc | 1.63 | 147,732 |
| Kurita Water Industries Ltd | 1.60 | 402,373 |
| Mueller Water Products Inc | 1.49 | 585,550 |
| Pennon Group PLC | 1.45 | 1,726,170 |
| Belimo Holding AG | 1.38 | 18,484 |
| Georg Fischer AG | 1.32 | 154,037 |
| Valmont Industries Inc | 1.31 | 37,893 |
| Aalberts NV | 1.10 | 274,040 |
| SJW Group | 1.01 | 180,826 |
| Select Water Solutions Inc | 0.82 | 546,180 |
| Interpump Group SpA | 0.79 | 159,038 |
| Astral Ltd | 0.76 | 348,417 |
| Supreme Industries Ltd | 0.76 | 121,676 |
| Beijing Enterprises Water Group Ltd | 0.74 | 20,212,360 |
| Cia De Sanena Do Parana | 0.72 | 1,461,000 |
| Otter Tail Corp | 0.65 | 78,289 |
| Wienerberger AG | 0.65 | 208,345 |
| Middlesex Water Co | 0.64 | 107,301 |
| VA Tech Wabag Ltd | 0.61 | 279,150 |
| Organo Corp | 0.59 | 100,122 |
| Lindsay Corp | 0.55 | 40,865 |
| Sulzer AG | 0.53 | 32,543 |
| Coway Co Ltd | 0.53 | 103,129 |
| Hawkins Inc | 0.51 | 36,819 |
| COPASA | 0.46 | 1,196,500 |
| Power & Water Utility Co for Jubail & Yanbu | 0.42 | 255,864 |
| Energy Recovery Inc | 0.38 | 228,810 |
| Consolidated Water Co Ltd | 0.29 | 98,315 |
| Finolex Industries Ltd | 0.28 | 827,525 |
| Electrosteel Castings Ltd | 0.22 | 1,215,437 |
| Montrose Environmental Group Inc | 0.22 | 104,318 |
| AlKhorayef Water & Power Technologies Co | 0.20 | 45,053 |
| Nomura Micro Science Co Ltd | 0.20 | 120,550 |
| Chengdu Xingrong Environment Co Ltd | 0.17 | 1,459,800 |
| Amata Corp PCL | 0.17 | 1,785,875 |
| Jindal Saw Ltd | 0.17 | 429,691 |
| TETRA Technologies Inc | 0.14 | 354,746 |
| Beijing Originwater Technology Co Ltd | 0.14 | 1,749,000 |
| Orbia Advance Corp SAB de CV | 0.14 | 1,661,961 |
| Beijing Capital Eco-Environment Protection Group Co Ltd | 0.13 | 2,557,200 |
| Zhongshan Public Utilities Group Co Ltd | 0.11 | 744,300 |
| China Lesso Group Holdings Ltd | 0.08 | 1,650,050 |
| Kuo Toong International Co Ltd | 0.08 | 467,000 |
| Cash/Receivables/Payables | 0.07 | 2,172,222 |
| Jain Irrigation Systems Ltd | 0.06 | 657,175 |
| Jingjin Equipment Inc | 0.05 | 191,700 |
| Cash/Receivables/Payables | 0.01 | 1,350,470 |
