Portfolio concentration
As of January 31, 2026 · N-PORT
Holdings
57
Top-10 weight
52.40%
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.
21
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.
308.4
Holdings
As of January 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | Invesco Private Prime Fund | — | 7,195,237 | $7.20M | 19.30% |
| 2 | Invesco Private Government Fund | — | 2,638,178 | $2.64M | 7.08% |
| 3 | SMURFIT WESTROCK | — | 49,181 | $2.05M | 5.49% |
| 4 | WEYERHAEUSER CO | — | 77,508 | $2.00M | 5.36% |
| 5 | PACKAGING CORP OF AMERICA | — | 8,691 | $1.93M | 5.19% |
| 6 | AVERY DENNISON CORP | — | 10,011 | $1.86M | 4.98% |
| 7 | INTL PAPER CO | — | 45,589 | $1.84M | 4.93% |
| 8 | CFD_EQS BARCUS33 BV7DQ55 | AMCR US | 41,401 | $1.83M | 4.91% |
| 9 | UPM-KYMMENE OYJ | — | 61,704 | $1.71M | 4.58% |
| 10 | SVENSKA CELLUSOA AB B SHARES | SCAB | 129,324 | $1.63M | 4.37% |
| 11 | STORA ENSO OYJ-R | — | 140,080 | $1.62M | 4.34% |
| 12 | SUZANO SA | — | 167,253 | $1.58M | 4.23% |
| 13 | SEALED AIR CORP | — | 35,386 | $1.48M | 3.97% |
| 14 | LOUISIANA PACIFIC CORP | — | 15,076 | $1.26M | 3.39% |
| 15 | Mondi PLC ORD EUR0.22 | MNODF | 106,168 | $1.24M | 3.34% |
| 16 | SIG GROUP AG | — | 73,554 | $1.14M | 3.06% |
| 17 | SONOCO PRODUCTS CO | — | 23,725 | $1.14M | 3.05% |
| 18 | OJI HOLDINGS COR | — | 182,979 | $1.09M | 2.92% |
| 19 | GRAPHIC PACKAGING HOLDING CO | — | 71,260 | $1.04M | 2.80% |
| 20 | WEST FRASER TIMB | — | 12,887 | $884.96K | 2.37% |
| 21 | RAYONIER INC REIT | — | 36,789 | $836.58K | 2.24% |
| 22 | HUHTAMAKI OYJ | — | 23,301 | $820.71K | 2.20% |
| 23 | STELLA-JONES INC | — | 11,932 | $804.48K | 2.16% |
| 24 | POTLATCHDELTIC CORP REIT | — | 17,652 | $736.62K | 1.98% |
| 25 | KLABIN SA - UNIT /BRL/ 0.00000000 | KLBN11 | 196,917 | $720.64K | 1.93% |
| 26 | HOLMEN AB-B SHS | — | 16,946 | $639.15K | 1.71% |
| 27 | Billerud AB | — | 53,966 | $439.10K | 1.18% |
| 28 | Nine Dragons Paper Holdings Ltd | — | 394,309 | $415.54K | 1.11% |
| 29 | EMPRESAS CMPC SA /CLP/ 0.00000000 | CMFRF | 270,348 | $410.28K | 1.10% |
| 30 | SYLVAMO CORP | — | 8,245 | $403.51K | 1.08% |
| 31 | RENGO CO LTD | — | 45,616 | $392.05K | 1.05% |
| 32 | INDAH KIAT PULP | — | 591,741 | $322.23K | 0.86% |
| 33 | SCG Packaging PCL, NVDR | — | 327,510 | $207.10K | 0.56% |
| 34 | Portucel Empresa Produtora de Pasta e Papel S.A. | — | 51,211 | $194.55K | 0.52% |
| 35 | YCY | — | 240,000 | $190.63K | 0.51% |
| 36 | NIPPON PAPER IND | — | 23,686 | $180.44K | 0.48% |
| 37 | CASCADES INC | — | 18,188 | $171.79K | 0.46% |
| 38 | Elopak ASA | — | 32,259 | $168.21K | 0.45% |
| 39 | SAPPI LTD | — | 144,870 | $161.13K | 0.43% |
| 40 | TJIWI KIMIA | — | 335,887 | $147.30K | 0.40% |
| 41 | CANFOR CORP | — | 13,863 | $146.80K | 0.39% |
| 42 | HOKUETSU CORP | — | 24,846 | $146.52K | 0.39% |
| 43 | Lee & Man Paper Manufacturing Ltd. | — | 308,831 | $141.21K | 0.38% |
| 44 | Daio Paper Corp. | — | 20,363 | $128.20K | 0.34% |
| 45 | DEXCO SA | — | 110,938 | $121.42K | 0.33% |
| 46 | M-real Oyj (B Shares) | — | 38,849 | $121.12K | 0.32% |
| 47 | CENTURY PLYBOARD | — | 13,354 | $116.62K | 0.31% |
| 48 | SEMAPA | — | 3,822 | $101.75K | 0.27% |
| 49 | Shandong Sun Paper Industry JSC Ltd | 002078 | 39,300 | $95.04K | 0.25% |
| 50 | CHENG LOONG | — | 169,000 | $95.02K | 0.25% |
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