Portfolio concentration
As of February 27, 2026 · N-PORT
Holdings
28
Top-10 weight
53.24%
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.
24
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.
1016.0
Holdings
As of February 27, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | SIMON PROPERTY | — | 1,438,809 | $293.30M | 6.67% |
| 2 | MERCK & CO | — | 2,280,840 | $282.41M | 6.43% |
| 3 | CENOVUS ENERGY INC | — | 11,412,967 | $254.27M | 5.79% |
| 4 | AMGEN INC | — | 644,022 | $249.98M | 5.69% |
| 5 | APA CORP | — | 7,656,332 | $232.52M | 5.29% |
| 6 | MACERICH COMPANY | — | 11,215,899 | $229.59M | 5.22% |
| 7 | NT-INST TRSR-PRM | NTPXX | 228,376,215 | $228.38M | 5.20% |
| 8 | DR HORTON INC | — | 1,381,465 | $221.57M | 5.04% |
| 9 | CONOCOPHILLIPS | — | 1,541,764 | $174.93M | 3.98% |
| 10 | DIAMONDBACK ENERGY INC | — | 986,847 | $171.79M | 3.91% |
| 11 | AMERICAN EXPRESS CO | — | 555,920 | $171.72M | 3.91% |
| 12 | LENNAR CORP CL A | — | 1,463,871 | $167.41M | 3.81% |
| 13 | TARGET CORP | — | 1,377,494 | $156.75M | 3.57% |
| 14 | NVR INC | — | 19,879 | $149.45M | 3.40% |
| 15 | EBAY INC | — | 1,633,744 | $148.44M | 3.38% |
| 16 | OCCIDENTAL PETROLEUM CORP | — | 2,795,343 | $148.38M | 3.38% |
| 17 | FIFTH THIRD BANCORP | — | 2,612,991 | $129.26M | 2.94% |
| 18 | BANK OF AMERICA CORPORATION | — | 2,546,503 | $126.89M | 2.89% |
| 19 | JPMORGAN CHASE and CO | — | 383,816 | $115.26M | 2.62% |
| 20 | HOME DEPOT INC | — | 283,487 | $107.93M | 2.46% |
| 21 | WESTERN ALLIANCE BANCORP | — | 1,251,733 | $100.54M | 2.29% |
| 22 | UNITEDHEALTH GRP | — | 320,978 | $94.13M | 2.14% |
| 23 | U-HAUL HOLDING CO | — | 1,984,111 | $93.57M | 2.13% |
| 24 | CREDIT ACCEPTANCE CORP | — | 194,269 | $91.92M | 2.09% |
| 25 | ULTA BEAUTY INC | — | 115,242 | $78.92M | 1.80% |
| 26 | QUALCOMM INC | — | 503,690 | $71.71M | 1.63% |
| 27 | M&T BANK CORP | — | 271,159 | $58.84M | 1.34% |
| 28 | CROCS INC | — | 477,987 | $43.36M | 0.99% |
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