Style
IndexTurnover
Orientation
Index / PassiveRhumbline Advisers employs a passive growth-oriented strategy with very low turnover, reflecting a disciplined commitment to broad market replication rather than active stock selection. The portfolio is heavily concentrated in mega-cap technology, with NVIDIA, Apple, and Microsoft alone representing 16.0% of assets, and the Technology sector comprising nearly 30% of total holdings. Despite holding over 4,100 positions across a $116.9 billion AUM, the top 15 holdings account for 37.2% of the portfolio, indicating passive index weightings naturally cluster in dominant large-cap names. The absence of sector bets or significant deviations from benchmark weights underscores a conviction in market efficiency and long-term compounding through diversified, low-cost exposure.
| # | Security | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | Nvidia Corp COM(NVDA) | 41,543,349 | $8.3B | 6.27% |
| 2 | Apple Inc COM STK(AAPL) | 25,077,756 | $7.3B | 5.47% |
| 3 | Microsoft Corp COM(MSFT) | 12,613,358 | $4.7B | 3.55% |
| 4 | Amazon.com Inc COM(AMZN) | 16,023,278 | $3.8B | 2.88% |
Latest filing, equity positions only
| 5 |
| Alphabet Inc Cap STK CL A(GOOGL) |
| 10,284,105 |
| $3.7B |
| 2.77% |
| 6 | Broadcom Inc(AVGO) | 8,151,966 | $3.1B | 2.32% |
| 7 | Alphabet Inc Cap STK CL C(GOOG) | 8,249,403 | $2.9B | 2.20% |
| 8 | Micron Technology(MU) | 1,966,447 | $2.3B | 1.71% |
| 9 | Meta Platforms Inc(META) | 3,808,010 | $2.1B | 1.62% |
| 10 | Tesla Inc(TSLA) | 4,879,546 | $2.1B | 1.55% |
Quarter-over-quarter weight changes
| Sector | Prev % | Curr % | Change |
|---|---|---|---|
| Technology | 30.15% | 34.55% | +4.4% |
| Energy | 4.06% | 3.06% | -1% |
| Financial Services | 12.4% | 11.69% | -0.71% |
| Consumer Cyclical | 10.08% | 9.4% | -0.68% |
| Consumer Defensive | 4.93% | 4.27% | -0.66% |
| Healthcare | 9.41% | 8.94% | -0.47% |
| Communication Services | 9.22% | 8.82% | -0.4% |
| Utilities | 2.56% | 2.26% | -0.3% |
| Unclassified | 2.92% | 3.18% | +0.26% |
| Basic Materials | 1.95% | 1.72% | -0.23% |
| Real Estate | 2.76% | 2.63% | -0.13% |
| Industrials | 9.56% | 9.48% | -0.08% |
Quarter-over-quarter weight changes by market cap
| Cap Size | Prev % | Curr % | Change |
|---|---|---|---|
| Mega Cap | 49.81% | 51.15% | +1.34% |
| Large Cap | 38.79% | 37.23% | -1.56% |
| Mid Cap | 7.26% | 7.13% | -0.13% |
| Unclassified | 2.92% | 3.18% | +0.26% |
| Small Cap | 1.17% | 1.23% | +0.06% |
| Micro Cap | 0.05% | 0.07% | +0.02% |
Quarter-over-quarter position changes