Q3 2025 Holdings
Filed 2025-11-14 | 259 holdings | $6.6B | 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 | $847.5M | 4,327,186 | 12.8% |
| Vanguard World FD(VGT) | INF TECH ETF | 92204A702 | $608.9M | 815,540 | 9.2% |
| Select Sector Spdr TR(XLF) | FINANCIAL | 81369Y605 | $542.9M | 10,078,273 | 8.2% |
| Select Sector Spdr TR(XLK) | TECHNOLOGY | 81369Y803 | $467.0M | 1,656,686 | 7.0% |
| Select Sector Spdr TR(XLY) | SBI CONS DISCR | 81369Y407 | $384.6M | 1,604,990 | 5.8% |
| Vanguard World FD(VOX) | COMM SRVC ETF | 92204A884 | $375.2M | 1,998,409 | 5.6% |
| Vanguard World FD(VHT) | HEALTH CAR ETF | 92204A504 | $343.5M | 1,323,058 | 5.2% |
| Vanguard World FD(VIS) | INDUSTRIAL ETF | 92204A603 | $273.6M | 923,559 | 4.1% |
| Select Sector Spdr TR(XLC) | COMMUNICATION | 81369Y852 | $189.1M | 1,597,917 | 2.8% |
| Vanguard World FD(VFH) | FINANCIALS ETF | 92204A405 | $185.9M | 1,416,698 | 2.8% |
| Select Sector Spdr TR(XLI) | INDL | 81369Y704 | $183.8M | 1,191,511 | 2.8% |
| Vanguard World FD(VCR) | CONSUM DIS ETF | 92204A108 | $145.0M | 366,035 | 2.2% |
| Select Sector Spdr TR(XLV) | SBI HEALTHCARE | 81369Y209 | $129.4M | 930,062 | 1.9% |
| Ishares TR(IYK) | US CONSM STAPLE | 464287812 | $107.8M | 1,576,820 | 1.6% |
| Ishares TR(IYC) | US CONSUM DISCR | 464287580 | $104.2M | 994,533 | 1.6% |
| Ishares TR(IXN) | GLOBAL TECH ETF | 464287291 | $95.2M | 922,461 | 1.4% |
| Select Sector Spdr TR(XLP) | SBI CONS STPLS | 81369Y308 | $91.0M | 1,160,872 | 1.4% |
| Vanguard World FD(VDC) | CONSUM STP ETF | 92204A207 | $88.0M | 411,614 | 1.3% |
| Ishares TR(IYF) | U.S. FINLS ETF | 464287788 | $76.2M | 602,034 | 1.1% |
| Select Sector Spdr TR(XLE) | ENERGY | 81369Y506 | $71.3M | 798,027 | 1.1% |
| Ishares TR(IYE) | U.S. ENERGY ETF | 464287796 | $68.8M | 1,446,813 | 1.0% |
| Select Sector Spdr TR(XLU) | SBI INT-UTILS | 81369Y886 | $54.0M | 618,903 | 0.8% |
| Ishares TR(IDU) | U.S. UTILITS ET | 464287697 | $50.9M | 458,681 | 0.8% |
| Ishares TR(IXP) | GBL COMM SVC ET | 464287275 | $49.3M | 398,705 | 0.7% |
| Ishares TR(IYJ) | US INDUSTRIALS | 464287754 | $48.7M | 334,145 | 0.7% |
| Ishares TR(IGM) | EXPND TEC SC ET | 464287549 | $46.8M | 371,502 | 0.7% |
| Ishares TR(IYM) | U.S. BAS MTL ET | 464287838 | $45.0M | 303,690 | 0.7% |
| Vanguard World FD(VDE) | ENERGY ETF | 92204A306 | $43.6M | 346,193 | 0.7% |
| Select Sector Spdr TR(XLB) | SBI MATERIALS | 81369Y100 | $42.5M | 474,244 | 0.6% |
| Ishares TR(IYR) | U.S. REAL ES ET | 464287739 | $42.3M | 435,968 | 0.6% |
| Global X FDS(GXPT) | PURECAP MSCI IN | 37960A289 | $41.3M | 1,522,821 | 0.6% |
| Ishares TR(IYH) | US HLTHCARE ETF | 464287762 | $41.1M | 700,285 | 0.6% |
| Select Sector Spdr TR(XLRE) | RL EST SEL SEC | 81369Y860 | $37.2M | 883,974 | 0.6% |
| Vanguard World FD(VPU) | UTILITIES ETF | 92204A876 | $37.1M | 195,671 | 0.6% |
| Vanguard World FD(VAW) | MATERIALS ETF | 92204A801 | $30.0M | 146,679 | 0.5% |
| Ishares Inc(EZU) | MSCI EURZONE ET | 464286608 | $28.1M | 453,931 | 0.4% |
| Ishares TR(AAXJ) | MSCI AC ASIA ET | 464288182 | $27.4M | 300,666 | 0.4% |
| Ishares TR(IYG) | U.S. FIN SVC ET | 464287770 | $27.0M | 300,762 | 0.4% |
| Spdr Index SHS FDS(FEZ) | EURO STOXX 50 | 78463X202 | $26.6M | 429,002 | 0.4% |
| Vanguard Index FDS(VNQ) | REAL ESTATE ETF | 922908553 | $25.4M | 278,350 | 0.4% |
| Invesco QQQ TR(QQQ) | UNIT SER 1 | 46090E103 | $24.8M | 41,364 | 0.4% |
| Invesco Exchange Traded FD T(RSPT) | S&P500 EQL TEC | 46137V282 | $21.0M | 470,968 | 0.3% |
| Ishares Inc(EWJ) | MSCI JPN ETF NE | 46434G822 | $19.5M | 242,896 | 0.3% |
| Global X FDS(GXPC) | PURECAP MSCI CO | 37960A297 | $18.9M | 679,280 | 0.3% |
| Ishares Inc(EEMA) | MSCI EM ASIA ET | 464286426 | $18.6M | 202,793 | 0.3% |
| Global X FDS(GXPS) | PURECAP MSCI CO | 37960A271 | $18.5M | 756,151 | 0.3% |
| Ishares TR(EXI) | GLOB INDSTRL ET | 464288729 | $18.2M | 105,300 | 0.3% |
| Ishares TR(USRT) | CRE U S REIT ET | 464288521 | $17.1M | 291,683 | 0.3% |
| Microsoft Corp(MSFT) | COM | 594918104 | $16.8M | 32,494 | 0.3% |
| Global X FDS(GXPD) | PURECAP MSCI CO | 37960A313 | $15.2M | 573,938 | 0.2% |