Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
34
Top-10 weight
44.99%
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.
28
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.
639.4
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | ALCOA CORP | — | 8,754 | $580.65K | 5.16% |
| 2 | STEEL DYNAMICS INC | — | 3,181 | $572.58K | 5.09% |
| 3 | HUDBAY MINERALS | — | 27,307 | $571.82K | 5.09% |
| 4 | ERO COPPER CORP | — | 21,354 | $569.04K | 5.06% |
| 5 | CONOCOPHILLIPS | — | 3,919 | $517.31K | 4.60% |
| 6 | VALERO ENERGY CORP | — | 2,021 | $499.35K | 4.44% |
| 7 | EOG RESOURCES INC | — | 3,073 | $444.26K | 3.95% |
| 8 | SHELL PLC SPONS ADR | — | 4,657 | $433.10K | 3.85% |
| 9 | ARC RESOURCES LTD | — | 20,772 | $432.28K | 3.85% |
| 10 | FIRST SOLAR INC | — | 2,186 | $431.21K | 3.84% |
| 11 | EQT CORPORATION | — | 6,457 | $410.92K | 3.66% |
| 12 | WHEATON PRECIOUS METALS CORP | — | 3,034 | $397.48K | 3.54% |
| 13 | HF SINCLAIR CORP | — | 6,199 | $386.76K | 3.44% |
| 14 | EXPAND ENERGY CORP | — | 3,306 | $362.93K | 3.23% |
| 15 | ARCOSA INC | — | 3,329 | $353.34K | 3.14% |
| 16 | PERMIAN RESOURCES CORP CL A | — | 16,302 | $347.56K | 3.09% |
| 17 | VALTERRA PLATINU | — | 4,210 | $343.26K | 3.05% |
| 18 | BAKER HUGHES CO | — | 5,594 | $341.51K | 3.04% |
| 19 | GENERAC HOLDINGS INC | — | 1,658 | $323.86K | 2.88% |
| 20 | TECK RESOURCES-B | — | 6,056 | $313.88K | 2.79% |
| 21 | CHORD ENERGY CORP | — | 2,187 | $310.95K | 2.77% |
| 22 | GE VERNOVA LLC | — | 320 | $279.33K | 2.48% |
| 23 | Invesco Government & Agency Portfolio, Institutional Class | — | 271,118 | $271.12K | 2.41% |
| 24 | ANGLO AMER PLC | — | 6,375 | $268.24K | 2.39% |
| 25 | CAMECO CORP | — | 2,192 | $238.07K | 2.12% |
| 26 | COEUR MINING INC | — | 11,219 | $210.58K | 1.87% |
| 27 | METHANEX CORP | — | 3,530 | $210.18K | 1.87% |
| 28 | TIMKENSTEEL CORP | — | 12,711 | $207.70K | 1.85% |
| 29 | NEXANS SA | — | 1,259 | $167.20K | 1.49% |
| 30 | JOHNSON MATTHEY PLC COMMON STOCK | JMAT | 5,398 | $135.54K | 1.21% |
| 31 | VISTRA CORP | — | 885 | $133.04K | 1.18% |
| 32 | MP MATERIALS CORP | — | 1,821 | $87.88K | 0.78% |
| 33 | CONSTELLATION ENERGY CORP | — | 273 | $76.24K | 0.68% |
| 34 | FX Spot Contract: EUR/USD SETTLE 2026-01-05 | — | 7 | $9 | 0.00% |
| 35 | FX Forward Contract: CAD/USD SETTLE 2026-03-18 | — | -0 | -$0 | -0.00% |
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.