| 1 | FR0000133308FR0000133308Orange SA | Orange SA | 7.01% | 72.11M | $1.71B |
| 2 | 885216739885216739Thornburg Capital Management Fund | Thornburg Capital Management Fund | 5.73% | 120.95M | $1.21B |
| 3 | TW0002330008TW0002330008Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | 4.84% | 17.65M | $31.93M |
| 4 | 172967424172967424Citigroup Inc | Citigroup Inc | 3.76% | 6.99M | $792.39M |
| 5 | 00206R10200206R102AT&T Inc | AT&T Inc | 3.71% | 27.00M | $782.81M |
| 6 | FR0000120271FR0000120271TotalEnergies SE | TotalEnergies SE | 3.60% | 8.29M | $878.87M |
| 7 | FR0000131104FR0000131104BNP Paribas SA | BNP Paribas SA | 3.56% | 7.89M | $869.03M |
| 8 | NL0010773842NL0010773842NN Group NV | NN Group NV | 3.55% | 9.58M | $864.93M |
| 9 | KR7005930003KR7005930003Samsung Electronics Co Ltd | Samsung Electronics Co Ltd | 3.07% | 5.53M | $422.23K |
| 10 | 11135F10111135F101Broadcom Inc | Broadcom Inc | 2.98% | 2.03M | $628.11M |
| 11 | GB00BVGBY890GB00BVGBY890Zegona Communications plc | Zegona Communications plc | 2.88% | 27.59M | $803.56M |
| 12 | IT0003128367IT0003128367Enel SpA | Enel SpA | 2.84% | 54.74M | $691.68M |
| 13 | DE0005557508DE0005557508Deutsche Telekom AG | Deutsche Telekom AG | 2.80% | 15.82M | $682.53M |
| 14 | GB00BLGZ9862GB00BLGZ9862Tesco PLC | Tesco PLC | 2.47% | 83.03M | $690.69M |
| 15 | GB00BH4HKS39GB00BH4HKS39Vodafone Group PLC | Vodafone Group PLC | 2.34% | 327.79M | $654.41M |
| 16 | ES0130670112ES0130670112Endesa SA | Endesa SA | 2.17% | 10.96M | $528.10M |
| 17 | 58933Y10558933Y105Merck & Co Inc | Merck & Co Inc | 2.03% | 3.56M | $428.23M |
| 18 | IE00BD1RP616IE00BD1RP616Bank of Ireland Group PLC | Bank of Ireland Group PLC | 1.65% | 19.13M | $401.16M |
| 19 | GB0002634946GB0002634946BAE Systems PLC | BAE Systems PLC | 1.63% | 11.75M | $455.95M |
| 20 | NL0000009082NL0000009082Koninklijke KPN NV | Koninklijke KPN NV | 1.56% | 59.23M | $381.58M |