Q4 2025 Holdings
Filed 2026-02-06 | 12 holdings | $5.4B | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Ishares TR(LQD) | IBOXX INV CP ETF | 464287242 | $1.1B | 10,306,450 | 20.9% |
| Ishares TR(HYG) | IBOXX HI YD ETF | 464288513 | $837.8M | 10,390,626 | 15.4% |
| Ishares TR(IVV) | CORE S&P500 ETF | 464287200 | $801.9M | 1,170,800 | 14.7% |
| Invesco Exchange Traded FD T(RSP) | S&P500 EQL WGT | 46137V357 | $726.4M | 3,792,112 | 13.3% |
| Ishares TR(USHY) | BROAD USD HIGH | 46435U853 | $535.5M | 14,319,906 | 9.8% |
| Spdr Series Trust(JNK) | STATE STREET SPD | 78468R622 | $281.9M | 2,900,000 | 5.2% |
| Invesco QQQ TR(QQQ) | UNIT SER 1 | 46090E103 | $247.6M | 403,081 | 4.5% |
| Ishares TR(EMB) | JPMORGAN USD EMG | 464288281 | $240.7M | 2,500,000 | 4.4% |
| Ishares Inc(IEMG) | CORE MSCI EMKT | 46434G103 | $205.1M | 3,050,554 | 3.8% |
| Ishares TR(SHYG) | 0-5YR HI YL CP | 46434V407 | $190.8M | 4,450,000 | 3.5% |
| Vanguard Index FDS(VUG) | GROWTH ETF | 922908736 | $171.2M | 350,953 | 3.1% |
| Vanguard Index FDS(VTV) | VALUE ETF | 922908744 | $68.2M | 357,328 | 1.3% |