Russell Investments 13FHR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

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Report for the Calendar Year or Quarter Ended:

12-31-2022

Check here if Amendment		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	Russell Investments Group, Ltd.
Address:	1301 Second Avenue
	18th Floor
	Seattle, WA 98101
Form 13F File Number:	028-17598

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:	Kari Seabrands
Title:	Director, Fund Administration
Phone:	206-505-5462
Signature, Place, and Date of Signing:
/s/ Kari Seabrands		Seattle, WA	02-08-2023
[Signature]		[City, State]	[Date]

Report Type (Check only one.):
X	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:	43
	Form 13F Information Table Entry Total:	12,558
	Form 13F Information Table Value Total:	48,564,074,854
		(thousands)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
	No.	Form 13F File Number	Name
	1	28-06538	AEW Capital Management, L.P.
	2	28-05990	Acadian Asset Management LLC
	3	28-05049	Advent Capital Management, LLC
	4	28-10005	Arrowstreet Capital, Limited Partnership
	5	28-05615	Axiom Investors LLC
	6	28-04825	Baillie Gifford & Co
	7	28-00060	Barings LLC
	8	28-01006	Barrow, Hanley, Mewhinney & Strauss, LLC
	9	28-12524	BlueBay Asset Management LLP
	10	28-12484	Boston Partners Global Investors, Inc.
	11	28-02204	Brandywine Global Investment Management, LLC
	12	28-11166	Calamos Advisors LLC
	13	28-07760	Cardinal Capital Management, LLC
	14	28-02405	Cohen & Steers Capital Management, Inc.
	15	28-05268	DePrince, Race & Zollo, Inc.
	16	28-19504	Easterly Investment Partners LLC
	17	28-14036	Fiera Capital Corporation
	18	28-04930	Fiera Capital Inc.
	19	28-17876	GQG Partners LLC
	20	28-17007	Hosking Partners LLP
	21	28-13410	IMPAX ASSET MANAGEMENT LIMITED
	22	28-17109	Intermede Investment Partners Limited
	23	28-14777	J O Hambro Capital Management Limited
	24	28-03059	Jacobs Levy Equity Management, Inc.
	25	28-18251	Janus Capital International Limited
	26	28-04383	Jupiter Investment Management Limited
	27	28-14858	Keywise Capital Management (HK) Limited
	28	28-15794	Kopernik Global Investors LLC
	29	28-06588	Lazard Asset Management LLC
	30	28-13243	Mar Vista Investment Partners, LLC
	31	28-11866	Morgan Stanley Investment Management Inc.
	32	28-11867	Morgan Stanley Investment Management Limited
	33	28-11946	Numeric Investors LLC
	34	28-05050	Oaktree Capital Management, L.P.
	35	28-21340	Oaktree Fund Advisors, LLC
	36	28-11073	Polaris Capital Management, LLC
	37	28-03791	Pzena Investment Management, LLC
	38	28-04760	RREEF America L.L.C.
	39	28-16205	Resolution Capital Limited
	40	28-01096	Russell Investments Trust Company
	41	28-14100	Sanders Capital, LLC
	42	28-04557	Wellington Management Company LLP
	43	28-10245	Western Asset Management Company, LLC

Russell Investments 13F-HRQuarterly holdings report by institutional manager