Q2 2025 Holdings
Filed 2025-08-13 | 246 holdings | $4.9B | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Ishares TR(IYW) | U.S. TECH ETF | 464287721 | $755.9M | 4,362,545 | 15.6% |
| Vanguard World FD(VGT) | INF TECH ETF | 92204A702 | $518.3M | 781,415 | 10.7% |
| Select Sector Spdr TR(XLY) | SBI CONS DISCR | 81369Y407 | $343.1M | 1,578,792 | 7.1% |
| Vanguard World FD(VOX) | COMM SRVC ETF | 92204A884 | $336.4M | 1,966,879 | 6.9% |
| Vanguard World FD(VHT) | HEALTH CAR ETF | 92204A504 | $334.3M | 1,346,108 | 6.9% |
| Vanguard World FD(VIS) | INDUSTRIAL ETF | 92204A603 | $254.8M | 909,939 | 5.3% |
| Select Sector Spdr TR(XLC) | COMMUNICATION | 81369Y852 | $176.7M | 1,628,576 | 3.6% |
| Vanguard World FD(VFH) | FINANCIALS ETF | 92204A405 | $175.2M | 1,376,276 | 3.6% |
| Select Sector Spdr TR(XLV) | SBI HEALTHCARE | 81369Y209 | $153.8M | 1,140,688 | 3.2% |
| Vanguard World FD(VCR) | CONSUM DIS ETF | 92204A108 | $132.9M | 366,911 | 2.7% |
| Ishares TR(IYK) | US CONSM STAPLE | 464287812 | $111.0M | 1,575,322 | 2.3% |
| Ishares TR(IYC) | US CONSUM DISCR | 464287580 | $102.4M | 1,027,290 | 2.1% |
| Vanguard World FD(VDC) | CONSUM STP ETF | 92204A207 | $97.5M | 445,234 | 2.0% |
| Select Sector Spdr TR(XLP) | SBI CONS STPLS | 81369Y308 | $96.6M | 1,192,591 | 2.0% |
| Ishares TR(IXN) | GLOBAL TECH ETF | 464287291 | $87.4M | 946,863 | 1.8% |
| Ishares TR(IYF) | U.S. FINLS ETF | 464287788 | $72.1M | 595,610 | 1.5% |
| Ishares TR(IYE) | U.S. ENERGY ETF | 464287796 | $65.8M | 1,454,612 | 1.4% |
| Ishares TR(IYJ) | US INDUSTRIALS | 464287754 | $48.6M | 341,286 | 1.0% |
| Ishares TR(IDU) | U.S. UTILITS ET | 464287697 | $48.1M | 459,832 | 1.0% |
| Ishares TR(IXP) | GBL COMM SVC ET | 464287275 | $44.8M | 399,185 | 0.9% |
| Ishares TR(IYM) | U.S. BAS MTL ET | 464287838 | $42.9M | 306,221 | 0.9% |
| Ishares TR(IGM) | EXPND TEC SC ET | 464287549 | $42.5M | 378,734 | 0.9% |
| Ishares TR(IYR) | U.S. REAL ES ET | 464287739 | $41.4M | 437,175 | 0.9% |
| Select Sector Spdr TR(XLB) | SBI MATERIALS | 81369Y100 | $39.4M | 448,710 | 0.8% |
| Vanguard World FD(VDE) | ENERGY ETF | 92204A306 | $39.4M | 330,346 | 0.8% |
| Ishares TR(IYH) | US HLTHCARE ETF | 464287762 | $38.2M | 675,718 | 0.8% |
| Vanguard World FD(VPU) | UTILITIES ETF | 92204A876 | $33.6M | 190,141 | 0.7% |
| Select Sector Spdr TR(XLRE) | RL EST SEL SEC | 81369Y860 | $31.9M | 770,487 | 0.7% |
| Vanguard World FD(VAW) | MATERIALS ETF | 92204A801 | $27.5M | 140,906 | 0.6% |
| Ishares TR(IYG) | U.S. FIN SVC ET | 464287770 | $26.1M | 305,036 | 0.5% |
| Apple Inc(AAPL) | COM | 037833100 | $25.1M | 122,202 | 0.5% |
| Invesco QQQ TR(QQQ) | UNIT SER 1 | 46090E103 | $24.9M | 45,228 | 0.5% |
| Spdr Index SHS FDS(FEZ) | EURO STOXX 50 | 78463X202 | $24.8M | 415,640 | 0.5% |
| Vanguard Index FDS(VNQ) | REAL ESTATE ETF | 922908553 | $24.6M | 275,976 | 0.5% |
| Ishares Inc(EZU) | MSCI EURZONE ET | 464286608 | $24.6M | 413,176 | 0.5% |
| Ishares TR(AAXJ) | MSCI AC ASIA ET | 464288182 | $22.6M | 272,976 | 0.5% |
| Invesco Exchange Traded FD T(RSPT) | S&P500 EQL TEC | 46137V282 | $19.8M | 486,524 | 0.4% |
| Ishares TR(EXI) | GLOB INDSTRL ET | 464288729 | $17.7M | 107,309 | 0.4% |
| Ishares TR(USRT) | CRE U S REIT ET | 464288521 | $17.5M | 310,212 | 0.4% |
| Ishares Inc(EWJ) | MSCI JPN ETF NE | 46434G822 | $16.6M | 221,874 | 0.3% |
| Ishares Inc(EEMA) | MSCI EM ASIA ET | 464286426 | $16.0M | 194,413 | 0.3% |
| Microsoft Corp(MSFT) | COM | 594918104 | $15.9M | 32,064 | 0.3% |
| Ishares TR(RXI) | GLB CNS DISC ET | 464288745 | $11.4M | 60,676 | 0.2% |
| First TR Exchange Traded FD(FXU) | UTILITIES ALPH | 33734X184 | $8.4M | 197,755 | 0.2% |
| Ishares TR(EWU) | MSCI UK ETF NEW | 46435G334 | $8.0M | 202,604 | 0.2% |
| J P Morgan Exchange Traded F(BBJP) | BETABULDRS JAPA | 46641Q217 | $7.7M | 124,351 | 0.2% |
| Ishares TR(IXJ) | GLOB HLTHCRE ET | 464287325 | $7.5M | 87,573 | 0.2% |
| Spdr S&P 500 ETF TR(SPY) | TR UNIT | 78462F103 | $7.3M | 11,864 | 0.2% |
| Franklin Templeton ETF TR(FLGB) | FTSE UNTD KGDM | 35473P678 | $7.2M | 233,668 | 0.1% |
| Franklin Templeton ETF TR(FLSW) | FRANKLN SWZLND | 35473P694 | $7.1M | 186,601 | 0.1% |