To isolate likely causal variants, we used a fine-mapping procedure (see Supplementary Note) that leverages variation in LD across ancestry groups to construct 90% credible intervals. We identified 597 loci (27.9%) in which the 90% credible intervals included fewer than five variants, including 192 loci (9.0%) with a single fine-mapped variant. Overall, credible intervals contained medians of 9–19 variants and median spans of 32–78 kb across phenotypes (Supplementary Table 4). Compared with the EUR-stratified GWAS (described in the next section), the trans-ancestry fine-mapping increased the number of 90% credible intervals containing fewer than five variants by 27.6%, and containing a single variant by 41.2%. Across all 2,143 loci, 1,330 (62.1%) loci had a reduced number of variants in the credible intervals in the multi-ancestry analysis. To determine the gain in resolution attributable to increased sample size (versus LD differences), we ‘downsampled’ the multi-ancestry analysis by removing EUR ancestry cohorts until the total sample size was approximately equal to that of the EUR-stratified analysis and regenerated fine-mapping results. Using the 1,330 loci with improved resolution in multi-ancestry analysis, we found that