Portfolio concentration
As of October 31, 2025 · N-PORT
Holdings
28
Top-10 weight
58.81%
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.
968.8
Holdings
As of October 31, 2025 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | CSX CORP | — | 7,608 | $274.04K | 6.92% |
| 2 | UNION PACIFIC CORP | — | 1,190 | $262.24K | 6.62% |
| 3 | NEXTERA ENERGY INC | — | 3,204 | $260.81K | 6.58% |
| 4 | NORFOLK SOUTHERN CORP | — | 856 | $242.57K | 6.12% |
| 5 | CHENIERE ENERGY INC | — | 1,049 | $222.39K | 5.61% |
| 6 | AMERICAN ELECTRIC POWER CO INC | — | 1,844 | $221.76K | 5.60% |
| 7 | DUKE ENERGY CORP NEW | — | 1,710 | $212.55K | 5.36% |
| 8 | ONEOK INC | — | 2,970 | $198.99K | 5.02% |
| 9 | SEMPRA ENERGY | — | 2,106 | $193.63K | 4.89% |
| 10 | XCEL ENERGY INC | — | 2,271 | $184.34K | 4.65% |
| 11 | SBA COMMUNICATIONS CORP | — | 954 | $182.67K | 4.61% |
| 12 | AMERICAN TOWER CORP | — | 791 | $141.57K | 3.57% |
| 13 | PG&E CORP | — | 8,641 | $137.91K | 3.48% |
| 14 | BLACK HILLS CORP | — | 2,104 | $133.46K | 3.37% |
| 15 | EVERGY INC | — | 1,679 | $128.96K | 3.25% |
| 16 | EVERSOURCE ENERGY | — | 1,674 | $123.56K | 3.12% |
| 17 | PUB SERV ENTERP | — | 1,371 | $110.45K | 2.79% |
| 18 | DOMINION ENERGY INC | — | 1,786 | $104.82K | 2.65% |
| 19 | DT MIDSTREAM INC | — | 926 | $101.39K | 2.56% |
| 20 | National Grid PLC SPON ADR EACH REP 5 ORD SHS | NGG US | 1,109 | $83.45K | 2.11% |
| 21 | XPLR INFRASTRUCTURE LP COMMON STOCK | XIFR | 7,826 | $77.16K | 1.95% |
| 22 | EQUINIX INC | — | 74 | $62.60K | 1.58% |
| 23 | TARGA RESOURCES CORP | — | 381 | $58.69K | 1.48% |
| 24 | UGI CORP NEW | — | 1,512 | $50.55K | 1.28% |
| 25 | KINDER MORGAN INC | — | 1,475 | $38.63K | 0.97% |
| 26 | AES CORP | — | 2,416 | $33.51K | 0.85% |
| 27 | CROWN CASTLE INC | — | 203 | $18.31K | 0.46% |
| 28 | WILLIAMS COS INC | — | 73 | $4.22K | 0.11% |
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.