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Diversified activeNeuberger Berman Group LLC pursues an active, yield-oriented style grounded in diversified sector exposure, with a top-heavy portfolio that reflects conviction in large-cap technology leaders. The fund holds $5.1B in NVIDIA, $4.2B in Microsoft, and $4.0B in Apple, together representing 10.2% of assets, while Technology dominates at 23.3% of the portfolio. Financial Services (11.5%) and Industrials (11.3%) provide breadth, though the top ten holdings account for over 22% of total assets, indicating a concentrated bet on mega-cap growth. This composition reveals a strategy that balances income generation with significant exposure to high-quality, cash-rich technology firms, while maintaining a broad 3,470-position footprint across $136.8B in AUM.
| # | Security | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | Nvidia Corp(NVDA) | 30,582,784 | $6.1B | 4.07% |
| 2 | Apple Inc(AAPL) | 17,364,966 | $5.0B | 3.34% |
| 3 | Amazon COM Inc(AMZN) | 19,353,814 | $4.6B | 3.07% |
| 4 | Microsoft Corp(MSFT) | 10,608,282 | $4.0B | 2.63% |
Latest filing, equity positions only
| 5 |
| Alphabet Inc Class A A(GOOGL) |
| 9,967,022 |
| $3.6B |
| 2.37% |
| 6 | Alphabet Inc(GOOG) | 8,752,111 | $3.1B | 2.06% |
| 7 | JPMorgan Chase & Co(JPM) | 7,975,997 | $2.6B | 1.74% |
| 8 | ELI Lilly & Co(LLY) | 1,697,061 | $2.0B | 1.35% |
| 9 | Ishares Core S&P 500 ETF(IVV) | 2,690,124 | $2.0B | 1.34% |
| 10 | Broadcom Inc(AVGO) | 4,088,730 | $1.5B | 1.03% |
Quarter-over-quarter weight changes
| Sector | Prev % | Curr % | Change |
|---|---|---|---|
| Technology | 23.55% | 27.12% | +3.57% |
| Energy | 7.31% | 5.82% | -1.49% |
| Unclassified | 8.87% | 9.93% | +1.06% |
| Industrials | 11.41% | 10.72% | -0.69% |
| Financial Services | 12.7% | 12.06% | -0.64% |
| Utilities | 4.03% | 3.43% | -0.6% |
| Consumer Cyclical | 8.68% | 8.18% | -0.5% |
| Basic Materials | 2.72% | 2.32% | -0.4% |
| Consumer Defensive | 2.58% | 2.46% | -0.12% |
| Healthcare | 8.73% | 8.63% | -0.1% |
| Real Estate | 1.61% | 1.52% | -0.09% |
| Communication Services | 7.82% | 7.8% | -0.02% |
Quarter-over-quarter weight changes by market cap
| Cap Size | Prev % | Curr % | Change |
|---|---|---|---|
| Mega Cap | 37.22% | 38.26% | +1.04% |
| Large Cap | 39.66% | 37.19% | -2.47% |
| Mid Cap | 12.29% | 12.4% | +0.11% |
| Unclassified | 8.87% | 9.93% | +1.06% |
| Small Cap | 1.89% | 2.12% | +0.23% |
| Micro Cap | 0.07% | 0.1% | +0.03% |
Quarter-over-quarter position changes