Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
71
Top-10 weight
39.60%
Effective holdings
?
The number of equal-weight positions that would produce this portfolio's concentration (1 ÷ Herfindahl index). A 500-stock fund dominated by a few mega-caps might have only ~100 effective holdings.
36
Crowding
?
The value-weighted average number of funds that also own this fund's positions. High = consensus/crowded picks; low = holdings few other funds own.
157.4
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | ATTIJARIWAFA BANK | ATW | 115,433 | $8.45M | 7.39% |
| 2 | ENDEAVOUR MINING | — | 86,867 | $5.21M | 4.56% |
| 3 | ANGLO AMER PLC | — | 118,392 | $5.06M | 4.43% |
| 4 | AIRTEL AFRICA | — | 1,014,599 | $4.66M | 4.08% |
| 5 | GUARANTY TRUST HOLDING CO PL COMMON STOCK | GTCO | 50,088,259 | $4.07M | 3.56% |
| 6 | Banque Centrale Populaire | BCP | 156,259 | $4.06M | 3.55% |
| 7 | NASPERS NPV | NPN | 77,765 | $3.98M | 3.48% |
| 8 | IVANHOE MINES LTD | — | 449,505 | $3.83M | 3.35% |
| 9 | Gold Fields Ltd SPONSORED ADR | GFI US | 83,201 | $3.78M | 3.30% |
| 10 | GOLAR LNG LTD | GLNG | 65,339 | $3.54M | 3.09% |
| 11 | Societe d'Exploitation des Ports | — | 42,573 | $3.48M | 3.04% |
| 12 | ZENITH BANK PLC COMMON STOCK | — | 50,090,889 | $3.46M | 3.03% |
| 13 | Safaricom PLC | SAFCOM | 14,504,257 | $3.07M | 2.68% |
| 14 | FIRSTRAND LTD | — | 591,928 | $3.00M | 2.62% |
| 15 | COMMERCIAL INTL BANK-GDR REG REG S 0.00000000 | CMGGF | 1,309,086 | $2.89M | 2.53% |
| 16 | FIRST QUANTUM | — | 121,157 | $2.89M | 2.53% |
| 17 | ANGLOGOLD ASHANTI PLC | — | 28,087 | $2.73M | 2.39% |
| 18 | IAMGOLD CORP | — | 136,852 | $2.58M | 2.25% |
| 19 | EQUITY GROUP HOLDINGS PLC/KENYA | EQTY | 4,754,075 | $2.52M | 2.21% |
| 20 | Itissalat Al-Maghrib | IAM | 242,212 | $2.43M | 2.13% |
| 21 | State Street Navigator Securities Lending Portfolio II | GVMXX | 2,418,555 | $2.42M | 2.12% |
| 22 | STANDARD BANK GR | — | 134,441 | $2.41M | 2.10% |
| 23 | Bank of Africa | — | 111,803 | $2.39M | 2.09% |
| 24 | BARRICK MINING CORP | — | 57,496 | $2.35M | 2.05% |
| 25 | PERSEUS MINING | — | 599,968 | $2.18M | 1.91% |
| 26 | CAPITEC BANK HOLDINGS LTD COMMON STOCK | CPI | 8,898 | $2.16M | 1.89% |
| 27 | MONTAGE GOLD COR | — | 171,408 | $1.94M | 1.70% |
| 28 | MTN GROUP LTD | — | 154,335 | $1.78M | 1.56% |
| 29 | VALTERRA PLATINU | — | 21,329 | $1.77M | 1.55% |
| 30 | FORTUNA MINING C | — | 161,835 | $1.61M | 1.41% |
| 31 | PALADIN ENERGY L | — | 195,372 | $1.54M | 1.35% |
| 32 | HELIOS TOWER | — | 637,770 | $1.53M | 1.34% |
| 33 | IMPALA PLATINUM | — | 85,207 | $1.20M | 1.05% |
| 34 | ABSA GROUP LTD | — | 82,019 | $1.17M | 1.02% |
| 35 | SANLAM LTD COMMON STOCK | SLM | 188,831 | $981.58K | 0.86% |
| 36 | MAKEMYTRIP LTD | MMYT | 25,430 | $948.28K | 0.83% |
| 37 | DISCOVERY LTD COMMON STOCK | DSY | 59,158 | $858.12K | 0.75% |
| 38 | SIBANYE-STILLWATER LTD-ADR DEPOSITARY RECEIPT | SBSW | 64,893 | $799.48K | 0.70% |
| 39 | HARMONY GOLD MNG-SPON ADR DEPOSITARY RECEIPT | HMY | 49,598 | $762.32K | 0.67% |
| 40 | SHOPRITE HOLDINGS LTD COMMON STOCK | SHP | 46,798 | $758.64K | 0.66% |
| 41 | NEDBANK GROUP | — | 46,766 | $728.80K | 0.64% |
| 42 | BID CORP LTD | — | 30,473 | $725.58K | 0.63% |
| 43 | GOLDEN AGRI-RESO | — | 3,001,900 | $713.25K | 0.62% |
| 44 | SASOL LTD-SP ADR | SSL | 55,033 | $713.23K | 0.62% |
| 45 | NORTHAM PLATINUM HOLDINGS LTD | — | 34,680 | $699.52K | 0.61% |
| 46 | ROYAL CARIBBEAN CRUISES LTD | — | 2,197 | $604.57K | 0.53% |
| 47 | REMGRO LTD COMMON STOCK | REM | 51,854 | $571.14K | 0.50% |
| 48 | PEPKOR HOLDINGS | — | 344,272 | $457.54K | 0.40% |
| 49 | Bidvest Group, The | BVT | 31,633 | $420.51K | 0.37% |
| 50 | INVESTEC PLC | — | 49,842 | $382.74K | 0.33% |
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