Portfolio concentration
As of April 30, 2026 · N-PORT
Holdings
38
Top-10 weight
44.70%
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.
30
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.
850.2
Holdings
As of April 30, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | OVINTIV INC | — | 970,140 | $59.71M | 4.93% |
| 2 | DEVON ENERGY CORP | — | 1,144,434 | $58.79M | 4.85% |
| 3 | PERMIAN RESOURCES CORP CL A | — | 2,701,117 | $58.40M | 4.82% |
| 4 | MATADOR RESOURCES COMPANY | — | 911,489 | $57.82M | 4.77% |
| 5 | CHENIERE ENERGY INC | — | 202,947 | $55.80M | 4.61% |
| 6 | APA CORP | — | 1,356,921 | $55.27M | 4.56% |
| 7 | EXPAND ENERGY CORP | — | 524,574 | $53.59M | 4.42% |
| 8 | HF SINCLAIR CORP | — | 738,425 | $49.63M | 4.10% |
| 9 | FIRST SOLAR INC | — | 233,549 | $47.15M | 3.89% |
| 10 | PHILLIPS 66 | — | 252,882 | $45.30M | 3.74% |
| 11 | EOG RESOURCES INC | — | 318,667 | $44.80M | 3.70% |
| 12 | RANGE RESOURCES CORP | — | 1,019,707 | $44.36M | 3.66% |
| 13 | EQT CORPORATION | — | 723,916 | $43.49M | 3.59% |
| 14 | ANTERO RESOURCES | — | 1,085,540 | $42.62M | 3.52% |
| 15 | WEATHERFORD INTERNATIONAL PLC | — | 319,659 | $35.27M | 2.91% |
| 16 | SLB LTD | — | 588,315 | $33.46M | 2.76% |
| 17 | WILLIAMS COS INC | — | 415,407 | $31.70M | 2.62% |
| 18 | DIAMONDBACK ENERGY INC | — | 152,856 | $31.43M | 2.59% |
| 19 | TARGA RESOURCES CORP | — | 120,582 | $31.36M | 2.59% |
| 20 | CHORD ENERGY CORP | — | 212,644 | $30.96M | 2.56% |
| 21 | CONOCOPHILLIPS | — | 229,041 | $28.81M | 2.38% |
| 22 | TEXAS PACIFIC LAND CORP | — | 63,707 | $28.26M | 2.33% |
| 23 | NOV INC | — | 1,224,619 | $25.06M | 2.07% |
| 24 | ONEOK INC | — | 254,841 | $23.56M | 1.95% |
| 25 | MARATHON PETROLEUM CORP | — | 94,337 | $23.42M | 1.93% |
| 26 | KINDER MORGAN INC | — | 686,998 | $22.58M | 1.86% |
| 27 | CHEVRON CORP | — | 111,336 | $21.52M | 1.78% |
| 28 | OCCIDENTAL PETROLEUM CORP | — | 354,390 | $21.47M | 1.77% |
| 29 | EXXON MOBIL CORP | — | 135,770 | $20.95M | 1.73% |
| 30 | BAKER HUGHES CO | — | 165,080 | $11.50M | 0.95% |
| 31 | DT MIDSTREAM INC | — | 74,835 | $11.07M | 0.91% |
| 32 | TECHNIPFMC PLC | — | 145,783 | $11.02M | 0.91% |
| 33 | HALLIBURTON CO | — | 258,471 | $10.93M | 0.90% |
| 34 | VIPER ENERGY INC A | — | 214,474 | $10.59M | 0.87% |
| 35 | VALERO ENERGY CORP | — | 40,788 | $10.30M | 0.85% |
| 36 | ANTERO MIDSTREAM CORP | — | 442,010 | $9.66M | 0.80% |
| 37 | ENPHASE ENERGY INC | — | 266,539 | $8.79M | 0.73% |
| 38 | MSILF Treasury Portfolio, Class Institutional | MISXX | 1,019,449 | $1.02M | 0.08% |
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.