Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
17
Top-10 weight
94.60%
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.
2
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.
178.0
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | Zywave_Pfd Equity | ZURN SW | 2,446,710 | $141.50M | 15.84% |
| 2 | UMB Money Market Special II | SMMFIDU | 35,654,360 | $35.65M | 3.99% |
| 3 | TENCENT | — | 557,514 | $35.16M | 3.94% |
| 4 | Zywave_Pfd Equity | ZURN SW | 2,682,414 | $34.29M | 3.84% |
| 5 | Zywave_Pfd Equity | ZURN SW | 7,706,336 | $34.16M | 3.82% |
| 6 | Zywave_Pfd Equity | ZURN SW | 411,972 | $33.26M | 3.72% |
| 7 | Zywave_Pfd Equity | ZURN SW | 1,017,880 | $31.10M | 3.48% |
| 8 | Credicorp Ltd | — | 77,418 | $26.26M | 2.94% |
| 9 | Zywave_Pfd Equity | ZURN SW | 3,081,596 | $25.32M | 2.83% |
| 10 | Zywave_Pfd Equity | ZURN SW | 8,925,655 | $24.66M | 2.76% |
| 11 | Zywave_Pfd Equity | ZURN SW | 391,859 | $23.18M | 2.60% |
| 12 | Zywave_Pfd Equity | ZURN SW | 4,888,370 | $22.37M | 2.50% |
| 13 | SEA LTD ADR | — | 269,199 | $22.29M | 2.50% |
| 14 | Inter & Co Inc. CLASS A COM | INTR | 2,784,717 | $22.17M | 2.48% |
| 15 | Zywave_Pfd Equity | ZURN SW | 450,000 | $20.89M | 2.34% |
| 16 | CEMEX SAB-SP ADR | — | 1,823,939 | $20.87M | 2.34% |
| 17 | Zywave_Pfd Equity | ZURN SW | 654,326,400 | $20.47M | 2.29% |
| 18 | Zywave_Pfd Equity | ZURN SW | 325,554 | $19.40M | 2.17% |
| 19 | Zywave_Pfd Equity | ZURN SW | 58,588 | $19.29M | 2.16% |
| 20 | Zywave_Pfd Equity | ZURN SW | 4,788,739 | $17.38M | 1.95% |
| 21 | Zywave_Pfd Equity | ZURN SW | 30,054 | $17.05M | 1.91% |
| 22 | Ping An Insurance Group Co of China Ltd | 2318 HK | 2,124,000 | $16.33M | 1.83% |
| 23 | Zywave_Pfd Equity | ZURN SW | 993,453 | $15.57M | 1.74% |
| 24 | Zywave_Pfd Equity | ZURN SW | 1,168,743 | $15.00M | 1.68% |
| 25 | Zywave_Pfd Equity | ZURN SW | 119,220 | $14.72M | 1.65% |
| 26 | Zywave_Pfd Equity | ZURN SW | 3,206,000 | $14.48M | 1.62% |
| 27 | Capitec Bank Holdings Ltd. | CPI SJ | 53,637 | $13.18M | 1.48% |
| 28 | Zywave_Pfd Equity | ZURN SW | 434,639 | $11.12M | 1.24% |
| 29 | Zywave_Pfd Equity | ZURN SW | 224,486 | $10.77M | 1.21% |
| 30 | Zywave_Pfd Equity | ZURN SW | 398,625 | $9.83M | 1.10% |
| 31 | Zywave_Pfd Equity | ZURN SW | 97,706 | $9.55M | 1.07% |
| 32 | Zywave_Pfd Equity | ZURN SW | 44,394 | $9.35M | 1.05% |
| 33 | COUPANG INC A | — | 488,177 | $9.22M | 1.03% |
| 34 | Zywave_Pfd Equity | ZURN SW | 570,836 | $9.15M | 1.02% |
| 35 | Zywave_Pfd Equity | ZURN SW | 188,723 | $8.99M | 1.01% |
| 36 | Kaspi.Kz JSC SPONSORED ADS | KSPI | 112,699 | $8.35M | 0.93% |
| 37 | NU Holdings Ltd/Cayman Islands | — | 567,573 | $8.16M | 0.91% |
| 38 | Zywave_Pfd Equity | ZURN SW | 844,282 | $7.86M | 0.88% |
| 39 | Zywave_Pfd Equity | ZURN SW | 2,367,713 | $7.71M | 0.86% |
| 40 | Melco Resorts & Entertainment Ltd. - ADR | MLCO | 1,285,446 | $7.30M | 0.82% |
| 41 | Bank Central Asia Tbk P.T. | BBCA IJ | 18,681,952 | $7.22M | 0.81% |
| 42 | Zywave_Pfd Equity | ZURN SW | 58,930 | $6.79M | 0.76% |
| 43 | PDD HOLDINGS INC ADR | — | 61,257 | $6.26M | 0.70% |
| 44 | Zywave_Pfd Equity | ZURN SW | 22,183,190 | $6.23M | 0.70% |
| 45 | Coway Co., Ltd. | 021240KS | 123,605 | $5.99M | 0.67% |
| 46 | BAIDU INC SPON ADR | — | 44,783 | $4.99M | 0.56% |
| 47 | Zywave_Pfd Equity | ZURN SW | 1,461,855 | $2.20M | 0.25% |
| 48 | Zywave_Pfd Equity | ZURN SW | 27,672,880 | $291.76K | 0.03% |
| 49 | Zywave_Pfd Equity | ZURN SW | 15,336,645 | $0 | 0.00% |
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