Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
28
Top-10 weight
61.06%
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.
19
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.
809.1
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | EQUINIX INC | — | 16,913 | $16.58M | 9.97% |
| 2 | AMERICAN TOWER CORP | — | 90,880 | $15.68M | 9.44% |
| 3 | DIGITAL REALTY TRUST INC | — | 83,519 | $15.05M | 9.06% |
| 4 | SBA COMMUNICATIONS CORP | — | 60,112 | $10.35M | 6.22% |
| 5 | BlackRock Cash Funds: Institutional, SL Agency Shares | BISXX | 9,935,583 | $9.94M | 5.98% |
| 6 | CROWN CASTLE INC | — | 109,289 | $8.89M | 5.35% |
| 7 | UNITI GROUP INC | — | 915,817 | $8.59M | 5.17% |
| 8 | CIENA CORP | — | 20,238 | $7.86M | 4.73% |
| 9 | CISCO SYSTEMS INC | — | 96,730 | $7.51M | 4.52% |
| 10 | NETAPP INC | — | 69,106 | $7.08M | 4.26% |
| 11 | COREWEAVE INC | — | 89,589 | $6.94M | 4.18% |
| 12 | Nokia Oyj ADR | NOK | 829,556 | $6.67M | 4.01% |
| 13 | FASTLY INC CL A | — | 218,564 | $6.35M | 3.82% |
| 14 | CREDO TECHNOLOGY GROUP HOLDING LTD | — | 64,888 | $6.09M | 3.66% |
| 15 | ARISTA NETWORKS INC | — | 47,047 | $5.78M | 3.48% |
| 16 | QUALCOMM INC | — | 44,551 | $5.74M | 3.45% |
| 17 | SUPER MICRO COMPUTER INC | — | 235,994 | $5.37M | 3.23% |
| 18 | UBIQUITI INC | — | 6,064 | $4.79M | 2.88% |
| 19 | Telefonaktiebolaget LM Ericsson (publ) ADR EACH REP 1 ORD'B'SEK1 | ERIC | 423,374 | $4.77M | 2.87% |
| 20 | CALIX NETWORKS INC | — | 81,145 | $3.98M | 2.39% |
| 21 | EXTREME NETWORKS INC | — | 249,935 | $3.77M | 2.27% |
| 22 | MOTOROLA SOLUTIONS INC | — | 7,795 | $3.38M | 2.04% |
| 23 | VISTANCE NETWORKS INC | — | 137,030 | $2.49M | 1.50% |
| 24 | A10 NETWORKS INC | — | 58,576 | $1.35M | 0.81% |
| 25 | ADTRAN HOLDINGS INC | — | 59,026 | $742.55K | 0.45% |
| 26 | CLEARFIELD INC | — | 8,190 | $216.79K | 0.13% |
| 27 | BlackRock Cash Funds: Treasury, SL Agency Shares | — | 120,320 | $120.32K | 0.07% |
| 28 | US ULTRA BOND CBT Sep25 | — | 5 | $219 | 0.00% |
| 29 | US ULTRA BOND CBT Sep25 | — | 3 | -$1.28K | -0.00% |
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.