Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
64
Top-10 weight
59.92%
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.
20
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.
459.3
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | SAP SE | — | 22,906 | $3.88M | 9.69% |
| 2 | SIEMENS AG-REG | — | 16,354 | $3.88M | 9.69% |
| 3 | ALLIANZ SE (REGD) | — | 8,476 | $3.51M | 8.77% |
| 4 | DEUTSCHE TELEKOM | — | 76,050 | $2.80M | 7.00% |
| 5 | SIEMENS ENERGY AG | — | 16,536 | $2.71M | 6.78% |
| 6 | MUENCHENER RUE-R | — | 2,912 | $1.81M | 4.53% |
| 7 | RHEINMETALL AG | — | 1,004 | $1.67M | 4.18% |
| 8 | INFINEON TECH | — | 28,964 | $1.27M | 3.17% |
| 9 | BASF SE COMMON STOCK | BAS | 19,890 | $1.20M | 3.00% |
| 10 | DEUTSCHE BOERSE | — | 4,108 | $1.19M | 2.97% |
| 11 | DEUTSCHE BANK-RG | — | 38,974 | $1.13M | 2.82% |
| 12 | E.ON SE | — | 49,426 | $1.08M | 2.70% |
| 13 | DHL GROUP | — | 20,618 | $1.06M | 2.66% |
| 14 | MERCEDES-BENZ GR | — | 16,822 | $1.02M | 2.54% |
| 15 | Bayer Aktiengesellschaft | BAYN | 21,892 | $993.45K | 2.48% |
| 16 | RWE AG | — | 14,560 | $967.64K | 2.42% |
| 17 | ADIDAS AG | — | 3,718 | $585.39K | 1.46% |
| 18 | HEIDELBERG MATERIALS AG COMMON STOCK | HEI | 2,808 | $577.03K | 1.44% |
| 19 | Common Stock | BMW | 6,214 | $558.46K | 1.40% |
| 20 | COMMERZBANK | — | 15,002 | $532.21K | 1.33% |
| 21 | DAIMLER TRUCK HO | — | 10,946 | $523.02K | 1.31% |
| 22 | Fresenius SE & Company KGaA | FRE | 9,178 | $468.68K | 1.17% |
| 23 | VOLKSWAGEN-PREF | — | 4,602 | $458.13K | 1.15% |
| 24 | MTU AERO ENGINES | — | 1,196 | $427.19K | 1.07% |
| 25 | HANNOVER RUECK S | — | 1,326 | $409.15K | 1.02% |
| 26 | VONOVIA SE | — | 15,886 | $394.63K | 0.99% |
| 27 | MERCK Kommanditgesellschaft auf Aktien | MRK | 2,886 | $357.80K | 0.89% |
| 28 | SIEMENS HEALTHINEERS AG COMMON STOCK | SHL | 8,138 | $340.37K | 0.85% |
| 29 | HENKEL AG KGAA | HEN3 | 3,484 | $266.15K | 0.67% |
| 30 | SYMRISE AG COMMON STOCK | SY1 | 2,964 | $250.12K | 0.63% |
| 31 | GEA GROUP AG | — | 3,198 | $225.51K | 0.56% |
| 32 | FRESENIUS MEDICAL CARE AG COMMON STOCK | FME | 4,680 | $207.98K | 0.52% |
| 33 | BEIERSDORF AG | — | 2,314 | $204.18K | 0.51% |
| 34 | QIAGEN NV | — | 4,501 | $180.19K | 0.45% |
| 35 | BRENNTAG SE COMMON STOCK | BNR | 2,574 | $169.88K | 0.42% |
| 36 | CONTINENTAL AG | — | 2,418 | $166.05K | 0.42% |
| 37 | KNORR-BREMSE AG | — | 1,482 | $165.89K | 0.41% |
| 38 | TALANX AG | — | 1,326 | $161.34K | 0.40% |
| 39 | HENKEL AG & CO K | — | 2,132 | $151.81K | 0.38% |
| 40 | HOCHTIEF AG | — | 338 | $149.08K | 0.37% |
| 41 | ZALANDO SE | — | 5,304 | $125.59K | 0.31% |
| 42 | SCOUT24 SE | — | 1,560 | $118.63K | 0.30% |
| 43 | HENSOLDT AG | — | 1,352 | $117.77K | 0.29% |
| 44 | DEUTSCHE LUFT-RG | — | 13,312 | $110.37K | 0.28% |
| 45 | BMW AG - PRF | — | 1,222 | $109.61K | 0.27% |
| 46 | LEG IMMOBILIEN S | — | 1,690 | $109.24K | 0.27% |
| 47 | EVONIK INDUSTRIE | — | 5,538 | $106.88K | 0.27% |
| 48 | RENK GROUP AG | — | 1,716 | $100.12K | 0.25% |
| 49 | NEMETSCHEK SE | — | 1,274 | $93.51K | 0.23% |
| 50 | DELIVERY HERO SE | — | 4,966 | $88.40K | 0.22% |
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