BARINGS LLC
CIK 0000009015
Annualised vol
1.448607%
Beta
0.048442
HHI
875.007868
Top-10 weight
71.826325%
VaR 95%
0.132673%
VaR 99%
0.289376%
Max drawdown
2.192723%
Matched value
14.391578%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| BBDC | UNCHANGED | 13,639,681 | 13,639,681 | 0.0% | 116,210,082 |
| HLF | ADDED | 59,612,000 | 56,825,000 | 4.9% | 68,380,925 |
| BLK | ADDED | 765,431 | 482,660 | 58.59% | 52,056,962 |
| PDD | REDUCED | 587,937 | 649,229 | -9.44% | 44,847,834 |
| ARX | UNCHANGED | 3,128,867 | 3,128,867 | 0.0% | 37,608,981 |
| AU | ADDED | 456,162 | 428,469 | 6.46% | 36,937,009 |
| TTE | REDUCED | 418,276 | 605,230 | -30.89% | 32,501,529 |
| UNIT | REDUCED | 23,333,000 | 27,621,000 | -15.52% | 28,162,931 |
| WPM | REDUCED | 248,925 | 270,943 | -8.13% | 27,973,711 |
| AZN | REDUCED | 126,110 | 143,032 | -11.83% | 23,580,216 |
| SE | REDUCED | 244,505 | 245,298 | -0.32% | 23,430,914 |
| SU | ADDED | 374,061 | 288,783 | 29.53% | 20,103,837 |
| OMCL | UNCHANGED | 15,735,000 | 15,735,000 | 0.0% | 16,639,763 |
| CVX | REDUCED | 98,129 | 100,446 | -2.31% | 16,265,863 |
| HDB | REDUCED | 607,057 | 616,036 | -1.46% | 15,680,283 |
| AON | UNCHANGED | 46,248 | 46,248 | 0.0% | 15,339,999 |
| NTR | ADDED | 224,956 | 216,325 | 3.99% | 14,160,965 |
| ONC | UNCHANGED | 42,815 | 42,815 | 0.0% | 12,200,991 |
| COP | REDUCED | 113,783 | 115,421 | -1.42% | 11,828,881 |
| ZD | UNCHANGED | 10,000,000 | 10,000,000 | 0.0% | 9,952,000 |
| DAR | REDUCED | 182,050 | 189,772 | -4.07% | 9,943,571 |
| NEM | REDUCED | 97,945 | 101,437 | -3.44% | 9,148,063 |
| RACE | ADDED | 24,161 | 21,998 | 9.83% | 8,950,952 |
| NVDA | ADDED | 38,262 | 34,314 | 11.51% | 7,655,844 |
| CTGO | UNCHANGED | 476,190 | 476,190 | 0.0% | 7,519,040 |
| FCX | REDUCED | 118,626 | 143,096 | -17.1% | 7,460,389 |
| FN | REDUCED | 13,199 | 17,033 | -22.51% | 7,418,894 |
| VALE | REDUCED | 477,943 | 595,179 | -19.7% | 7,188,263 |
| PSX | NEW | 41,977 | - | - | 7,096,212 |
| EOSE | UNCHANGED | 1,204,430 | 1,204,430 | 0.0% | 7,082,048 |
| HTHT | REDUCED | 165,532 | 166,166 | -0.38% | 6,905,995 |
| BAP | REDUCED | 17,585 | 28,289 | -37.84% | 6,850,764 |
| DE | ADDED | 10,068 | 7,765 | 29.66% | 6,386,434 |
| FANG | REDUCED | 36,210 | 38,099 | -4.96% | 6,364,994 |
| CCJ | ADDED | 57,330 | 44,548 | 28.69% | 5,837,704 |
| AEM | REDUCED | 37,113 | 45,303 | -18.08% | 5,760,641 |
| CTVA | ADDED | 67,121 | 65,361 | 2.69% | 5,684,477 |
| TECK | REDUCED | 92,626 | 102,025 | -9.21% | 5,507,542 |
| AAPL | ADDED | 17,793 | 12,432 | 43.12% | 5,148,582 |
| GOOGL | REDUCED | 14,432 | 15,213 | -5.13% | 5,147,274 |
| AMZN | ADDED | 21,520 | 17,335 | 24.14% | 5,129,077 |
| LIN | ADDED | 9,684 | 9,604 | 0.83% | 5,025,415 |
| MSFT | ADDED | 12,119 | 11,998 | 1.01% | 4,520,629 |
| BG | ADDED | 42,250 | 41,774 | 1.14% | 4,509,343 |
| ADM | ADDED | 56,175 | 54,713 | 2.67% | 4,291,770 |
| SLB | NEW | 83,065 | - | - | 3,861,692 |
| SCCO | REDUCED | 19,856 | 35,037 | -43.33% | 3,460,107 |
| WY | REDUCED | 143,864 | 154,951 | -7.16% | 3,444,104 |
| EQT | ADDED | 59,017 | 58,517 | 0.85% | 3,137,934 |
| MU | REDUCED | 2,565 | 3,018 | -15.01% | 2,960,754 |
| BLFS | UNCHANGED | 91,316 | 91,316 | 0.0% | 2,578,764 |
| V | ADDED | 6,995 | 6,915 | 1.16% | 2,399,915 |
| ANDE | ADDED | 30,680 | 26,095 | 17.57% | 2,098,512 |
| META | REDUCED | 3,537 | 4,377 | -19.19% | 1,992,357 |
| TCPC | ADDED | 591,808 | 564,991 | 4.75% | 1,988,475 |
| AVGO | ADDED | 5,036 | 2,791 | 80.44% | 1,902,349 |
| MOS | ADDED | 87,508 | 85,299 | 2.59% | 1,854,295 |
| JPM | ADDED | 5,276 | 4,891 | 7.87% | 1,726,993 |
| KR | ADDED | 28,691 | 24,599 | 16.63% | 1,593,211 |
| KLAC | NEW | 4,630 | - | - | 1,396,917 |
| LLY | UNCHANGED | 1,162 | 1,162 | 0.0% | 1,393,738 |
| MELI | NEW | 762 | - | - | 1,293,411 |
| TSN | REDUCED | 22,514 | 23,028 | -2.23% | 1,288,927 |
| HNRG | UNCHANGED | 69,239 | 69,239 | 0.0% | 1,204,066 |
| TBBB | NEW | 28,476 | - | - | 1,186,595 |
| URI | REDUCED | 962 | 1,197 | -19.63% | 1,089,840 |
| INGR | ADDED | 10,709 | 10,597 | 1.06% | 1,014,249 |
| AMD | ADDED | 1,119 | 1,019 | 9.81% | 650,038 |
| WMT | ADDED | 4,629 | 2,614 | 77.08% | 524,281 |
| LRCX | ADDED | 1,146 | 1,046 | 9.56% | 496,596 |
| PLTR | REDUCED | 4,183 | 4,694 | -10.89% | 488,031 |
| TSLA | REDUCED | 1,008 | 1,728 | -41.67% | 423,965 |
| HD | ADDED | 1,113 | 680 | 63.68% | 392,533 |
| MRK | NEW | 2,557 | - | - | 328,575 |
| COST | ADDED | 338 | 298 | 13.42% | 316,189 |
| MA | ADDED | 606 | 566 | 7.07% | 311,242 |
| INTC | NEW | 2,180 | - | - | 304,393 |
| CAT | REDUCED | 274 | 325 | -15.69% | 291,783 |
| PG | ADDED | 1,980 | 1,780 | 11.24% | 290,347 |
| JNJ | UNCHANGED | 1,094 | 1,094 | 0.0% | 277,843 |
| TKO | REDUCED | 1,350 | 2,851 | -52.65% | 271,769 |
| MRVL | NEW | 883 | - | - | 263,037 |
| PLD | NEW | 1,910 | - | - | 258,748 |
| C | ADDED | 1,834 | 1,833 | 0.05% | 256,687 |
| PANW | NEW | 690 | - | - | 235,304 |
| GS | NEW | 231 | - | - | 233,626 |
| GEV | NEW | 193 | - | - | 226,748 |
| WDC | NEW | 332 | - | - | 212,055 |
| ADI | NEW | 530 | - | - | 210,500 |
| UNH | NEW | 505 | - | - | 209,893 |
| CB | NEW | 614 | - | - | 209,214 |
| RTX | REDUCED | 1,099 | 1,300 | -15.46% | 208,513 |
| NFLX | ADDED | 2,871 | 2,316 | 23.96% | 204,989 |
| CVS | NEW | 1,934 | - | - | 200,072 |
| CURI | UNCHANGED | 27,930 | 27,930 | 0.0% | 74,294 |
| XP | CLOSED OUT | 0 | 200,683 | -100.0% | 0 |
| ENB | CLOSED OUT | 0 | 129,888 | -100.0% | 0 |
| ELME | CLOSED OUT | 0 | 49,487 | -100.0% | 0 |
| WIT | CLOSED OUT | 0 | 40,639 | -100.0% | 0 |
| PPC | CLOSED OUT | 0 | 19,328 | -100.0% | 0 |
| VZ | CLOSED OUT | 0 | 3,989 | -100.0% | 0 |
| INTU | CLOSED OUT | 0 | 1,407 | -100.0% | 0 |
| PM | CLOSED OUT | 0 | 1,322 | -100.0% | 0 |
| AXON | CLOSED OUT | 0 | 930 | -100.0% | 0 |
| NBIS | NEW | 90,661 | - | - | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | ISHARES TR | CORE S&P500 ETF | 464287200 | 1,228,988,401 | 21.8 | 1641080.0 | |
| - | ISHARES TR | RUS 2000 GRW ETF | 464287648 | 622,437,102 | 11.04 | 1579950.0 | |
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 619,916,248 | 10.99 | 841820.0 | |
| - | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | 403,726,889 | 7.16 | 5108527.0 | |
| - | ISHARES TR | ISHS 1-5YR INVS | 464288646 | 358,485,815 | 6.36 | 6840027.0 | |
| - | ISHARES TR | IBOXX INV CP ETF | 464287242 | 290,740,919 | 5.16 | 2665636.0 | |
| - | JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 | 247,864,296 | 4.4 | 4909176.0 | |
| BBDC | UNCHANGED | BARINGS BDC, INC. | COM | 06759L103 | 116,210,082 | 2.06 | 1.3639681E7 |
| - | VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 | 93,196,753 | 1.65 | 593799.0 | |
| HLF | ADDED | HERBALIFE LTD | NOTE 4.250% 6/1 | 42703MAF0 | 68,380,925 | 1.21 | 5.9612E7 |
| - | NCL CORP LTD | NOTE 0.875% 4/1 | 62886HBT7 | 60,878,080 | 1.08 | 5.4658E7 | |
| - | PARSONS CORP DEL | NOTE 2.625% 3/0 | 70202LAD4 | 60,696,525 | 1.08 | 6.1696E7 | |
| - | ISHARES TR | CORE S&P500 ETF | 464287200 | 45,940,657 | 0.81 | 61345.0 | |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 44,473,141 | 0.79 | 59554.0 | |
| BLK | ADDED | BLACKROCK ETF TRUST | ISHARES US EQUIT | 09290C103 | 39,981,923 | 0.71 | 587883.0 |
| - | ISHARES TR | FLTG RATE NT ETF | 46429B655 | 39,819,000 | 0.71 | 780000.0 | |
| - | ISHARES INC | MSCI WORLD ETF | 464286392 | 39,006,174 | 0.69 | 192490.0 | |
| ARX | UNCHANGED | ACCELERANT HOLDINGS | CL A | G00894108 | 37,608,981 | 0.67 | 3128867.0 |
| PDD | REDUCED | PDD HOLDINGS INC | SPONSORED ADS | 722304102 | 37,052,323 | 0.66 | 485741.0 |
| AU | ADDED | ANGLOGOLD ASHANTI PLC | COM SHS | G0378L100 | 36,816,402 | 0.65 | 454671.0 |
| - | ISHARES TR | BROAD USD HIGH | 46435U853 | 32,832,705 | 0.58 | 886891.0 | |
| UNIT | REDUCED | UNITI GROUP LLC | NOTE 7.500%12/0 | 91325VAB4 | 28,162,931 | 0.5 | 2.3333E7 |
| - | PACER FDS TR | BARINGS CLO MRKT | 69384J604 | 25,180,000 | 0.45 | 1000000.0 | |
| - | PACER FDS TR | BARINGS SECURED | 69384J703 | 25,140,000 | 0.45 | 1000000.0 | |
| - | VANGUARD WORLD FD | INF TECH ETF | 92204A702 | 22,685,852 | 0.4 | 189808.0 | |
| SE | REDUCED | SEA LTD | SPONSORD ADS | 81141R100 | 22,464,085 | 0.4 | 234416.0 |
| - | ISHARES TR | MSCI EMG MKT ETF | 464287234 | 22,443,269 | 0.4 | 328070.0 | |
| AZN | REDUCED | ASTRAZENECA PLC | ORD | G0593M107 | 22,411,208 | 0.4 | 119858.0 |
| - | ISHARES INC | MSCI JAPAN ETF | 46434G822 | 22,208,613 | 0.39 | 238111.0 | |
| - | ISHARES TR | 7-10 YR TRSY BD | 464287440 | 22,066,396 | 0.39 | 233334.0 | |
| - | SABRE GLBL INC | NOTE 7.320% 8/0 | 78573NAK8 | 21,984,678 | 0.39 | 2.1908E7 | |
| WPM | REDUCED | WHEATON PRECIOUS METALS CORP | COM | 962879102 | 20,868,158 | 0.37 | 185696.0 |
| - | VANGUARD INDEX FDS | S&P 500 ETF SHS | 922908363 | 20,223,120 | 0.36 | 29445.0 | |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 19,883,434 | 0.35 | 1488281.0 | |
| TTE | REDUCED | TOTALENERGIES SE | ACT | F92124100 | 19,591,784 | 0.35 | 252135.0 |
| - | VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 | 17,688,893 | 0.31 | 112704.0 | |
| - | ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 | 16,698,941 | 0.3 | 2043934.0 | |
| OMCL | UNCHANGED | OMNICELL COM | NOTE 1.000%12/0 | 68213NAF6 | 16,639,763 | 0.3 | 1.5735E7 |
| CVX | REDUCED | CHEVRON CORPORATION | COM | 166764100 | 16,265,863 | 0.29 | 98129.0 |
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 15,941,587 | 0.28 | 21648.0 | |
| HDB | REDUCED | HDFC BANK LTD | SPONSORED ADS | 40415F101 | 15,204,520 | 0.27 | 588638.0 |
| - | GLOBAL X FDS | X EMERGING MKT | 37954Y350 | 14,302,838 | 0.25 | 596200.0 | |
| NTR | ADDED | NUTRIEN LTD | COM | 67077M108 | 14,160,965 | 0.25 | 224956.0 |
| AON | UNCHANGED | AON PLC | SHS CL A | G0403H108 | 14,072,280 | 0.25 | 42426.0 |
| - | QIAGEN NV | ORD SHARES | N72482156 | 13,784,547 | 0.24 | 356002.0 | |
| - | EXXON MOBIL CORP | COM | 30231G102 | 13,770,575 | 0.24 | 100721.0 | |
| - | ISHARES TR | CORE S&P500 ETF | 464287200 | 13,655,260 | 0.24 | 18234.0 | |
| SU | ADDED | SUNCOR ENERGY INC NEW | COM | 867224107 | 13,323,499 | 0.24 | 247903.0 |
| TTE | REDUCED | TOTALENERGIES SE | ACT | F92124100 | 12,897,235 | 0.23 | 165980.0 |
| ONC | UNCHANGED | BEONE MEDICINES LTD | SPONSORED ADS | 07725L102 | 12,200,991 | 0.22 | 42815.0 |
| - | ISHARES INC | MSCI WORLD ETF | 464286392 | 12,035,398 | 0.21 | 59393.0 | |
| - | CRH PLC | ORD | G25508105 | 11,975,654 | 0.21 | 111922.0 | |
| COP | REDUCED | CONOCOPHILLIPS | COM | 20825C104 | 11,828,881 | 0.21 | 113783.0 |
| BLK | ADDED | BLACKROCK ETF TRUST | ISHARES US EQUIT | 09290C103 | 11,284,967 | 0.2 | 165931.0 |
| - | ISHARES TR | CORE S&P500 ETF | 464287200 | 10,512,918 | 0.19 | 14038.0 | |
| ZD | UNCHANGED | ZIFF DAVIS INC | DEBT 3.625% 3/0 | 48123VAH5 | 9,952,000 | 0.18 | 1.0E7 |
| DAR | REDUCED | DARLING INGREDIENTS INC | COM | 237266101 | 9,943,571 | 0.18 | 182050.0 |
| - | EOG RES INC | COM | 26875P101 | 9,848,583 | 0.17 | 75916.0 | |
| - | CRH PLC | ORD | G25508105 | 9,785,685 | 0.17 | 91455.0 | |
| - | WILLIAMS COS INC | COM | 969457100 | 9,584,433 | 0.17 | 128927.0 | |
| NEM | REDUCED | NEWMONT CORP | COM | 651639106 | 9,148,063 | 0.16 | 97945.0 |
| - | FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 | 8,843,773 | 0.16 | 69146.0 | |
| - | VALERO ENERGY CORP | COM | 91913Y100 | 8,763,546 | 0.16 | 33649.0 | |
| - | VANGUARD WORLD FD | INF TECH ETF | 92204A702 | 8,629,344 | 0.15 | 72200.0 | |
| - | DEVON ENERGY CORP NEW | COM | 25179M103 | 8,598,320 | 0.15 | 208091.0 | |
| - | ISHARES TR | RUSSELL 2000 ETF | 464287655 | 8,300,833 | 0.15 | 27628.0 | |
| - | AXIA ENERGIA SA | SPONSORED ADR | 15234Q207 | 8,258,342 | 0.15 | 782040.0 | |
| - | INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 | 7,761,788 | 0.14 | 25619.0 | |
| PDD | REDUCED | PDD HOLDINGS INC | SPONSORED ADS | 722304102 | 7,703,822 | 0.14 | 100994.0 |
| - | KASPI KZ JSC | SPONSORED ADS | 48581R205 | 7,689,387 | 0.14 | 88751.0 | |
| NVDA | ADDED | NVIDIA CORPORATION | COM | 67066G104 | 7,655,844 | 0.14 | 38262.0 |
| CTGO | UNCHANGED | CONTANGO SILVER & GOLD INC | COM | 21077F100 | 7,519,040 | 0.13 | 476190.0 |
| FCX | REDUCED | FREEPORT MCMORAN INC | CL B | 35671D857 | 7,460,389 | 0.13 | 118626.0 |
| FN | REDUCED | FABRINET | SHS | G3323L100 | 7,418,894 | 0.13 | 13199.0 |
| RACE | ADDED | FERRARI N V | COM | N3167Y103 | 7,258,269 | 0.13 | 19592.0 |
| VALE | REDUCED | VALE S A | SPONSORED ADS | 91912E105 | 7,188,263 | 0.13 | 477943.0 |
| - | ISHARES TR | CORE S&P500 ETF | 464287200 | 7,109,213 | 0.13 | 9493.0 | |
| PSX | NEW | PHILLIPS 66 | COM | 718546104 | 7,096,212 | 0.13 | 41977.0 |
| WPM | REDUCED | WHEATON PRECIOUS METALS CORP | COM | 962879102 | 7,091,955 | 0.13 | 63108.0 |
| EOSE | UNCHANGED | EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 | 7,082,048 | 0.13 | 1204430.0 |
| - | PETROLEO BRASILEIRO S A | SP ADR NON VTG | 71654V101 | 7,011,242 | 0.12 | 478910.0 | |
| HTHT | REDUCED | H WORLD GROUP LTD | SPONSORED ADS | 44332N106 | 6,905,995 | 0.12 | 165532.0 |
| BAP | REDUCED | CREDICORP LTD | COM | G2519Y108 | 6,850,764 | 0.12 | 17585.0 |
| SU | ADDED | SUNCOR ENERGY INC NEW | COM | 867224107 | 6,780,338 | 0.12 | 126158.0 |
| - | CAMDEN PPTY TR | SH BEN INT | 133131102 | 6,537,837 | 0.12 | 57104.0 | |
| DE | ADDED | DEERE & CO | COM | 244199105 | 6,386,434 | 0.11 | 10068.0 |
| FANG | REDUCED | DIAMONDBACK ENERGY INC | COM | 25278X109 | 6,364,994 | 0.11 | 36210.0 |
| - | VANGUARD INDEX FDS | VALUE ETF | 922908744 | 6,025,547 | 0.11 | 27649.0 | |
| - | GRUPO CIBEST SA | SPON ADS | 40090E106 | 5,880,521 | 0.1 | 74034.0 | |
| CCJ | ADDED | CAMECO CORP | COM | 13321L108 | 5,837,704 | 0.1 | 57330.0 |
| AEM | REDUCED | AGNICO EAGLE MINES LTD | COM | 008474108 | 5,760,641 | 0.1 | 37113.0 |
| CTVA | ADDED | CORTEVA INC | COM | 22052L104 | 5,684,477 | 0.1 | 67121.0 |
| - | SOCIEDAD QUIMICA Y MINERA DE | SPON ADR SER B | 833635105 | 5,566,105 | 0.1 | 75177.0 | |
| TECK | REDUCED | TECK RESOURCES LTD | CL B | 878742204 | 5,507,542 | 0.1 | 92626.0 |
| - | BARRICK MNG CORP | COM SHS | 06849F108 | 5,402,673 | 0.1 | 147091.0 | |
| AAPL | ADDED | APPLE INC | COM | 037833100 | 5,148,582 | 0.09 | 17793.0 |
| AMZN | ADDED | AMAZON COM INC | COM | 023135106 | 5,129,077 | 0.09 | 21520.0 |
| LIN | ADDED | LINDE PLC | SHS | G54950103 | 5,025,415 | 0.09 | 9684.0 |
| - | BARINGS PARTN INVS TRUST | SH BEN INT | 06761A103 | 4,869,301 | 0.09 | 289151.0 | |
| MSFT | ADDED | MICROSOFT CORP | COM | 594918104 | 4,520,629 | 0.08 | 12119.0 |
| BG | ADDED | BUNGE GLOBAL SA | COM SHS | H11356104 | 4,509,343 | 0.08 | 42250.0 |
| - | VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | 4,335,583 | 0.08 | 57463.0 | |
| ADM | ADDED | ARCHER DANIELS MIDLAND CO | COM | 039483102 | 4,291,770 | 0.08 | 56175.0 |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL A | 02079K305 | 4,247,342 | 0.08 | 11885.0 |
| - | VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 | 4,124,018 | 0.07 | 26276.0 | |
| - | INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 | 4,109,788 | 0.07 | 13565.0 | |
| - | ISHARES TR | IBOXX INV CP ETF | 464287242 | 4,109,103 | 0.07 | 37674.0 | |
| - | VANGUARD INDEX FDS | S&P 500 ETF SHS | 922908363 | 4,020,586 | 0.07 | 5854.0 | |
| - | ISHARES TR | ULTRA SHORT DUR | 46434V878 | 3,975,588 | 0.07 | 78600.0 | |
| - | CF INDUSTRIES HOLD | COM | 125269100 | 3,955,496 | 0.07 | 36537.0 | |
| SLB | NEW | SLB LIMITED | COM STK | 806857108 | 3,861,692 | 0.07 | 83065.0 |
| - | BARINGS CORPORATE INVS | COM | 06759X107 | 3,857,300 | 0.07 | 219664.0 | |
| - | ISHARES TR | MSCI ACWI ETF | 464288257 | 3,804,953 | 0.07 | 24240.0 | |
| - | EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | 3,537,523 | 0.06 | 52076.0 | |
| SCCO | REDUCED | SOUTHERN COPPER CORP | COM | 84265V105 | 3,460,107 | 0.06 | 19856.0 |
| WY | REDUCED | WEYERHAEUSER CO | COM NEW | 962166104 | 3,444,104 | 0.06 | 143864.0 |
| - | DOW HLDGS INC | COM | 260557103 | 3,327,304 | 0.06 | 121612.0 | |
| - | ISHARES INC | MSCI EURZONE ETF | 464286608 | 3,184,768 | 0.06 | 45824.0 | |
| EQT | ADDED | EQT CORP | COM | 26884L109 | 3,137,934 | 0.06 | 59017.0 |
| - | AGCO CORP | COM | 001084102 | 3,028,530 | 0.05 | 25301.0 | |
| MU | REDUCED | MICRON TECHNOLOGY INC | COM | 595112103 | 2,960,754 | 0.05 | 2565.0 |
| - | ISHARES TR | 7-10 YR TRSY BD | 464287440 | 2,899,138 | 0.05 | 30656.0 | |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 2,854,155 | 0.05 | 3822.0 | |
| - | BOBS DISC FURNITURE INC | COM SHS | 09681N106 | 2,847,600 | 0.05 | 180000.0 | |
| - | ISHARES INC | MSCI JAPAN ETF | 46434G822 | 2,825,801 | 0.05 | 30297.0 | |
| - | CEMEX SA EURO MTN BE 144A | SPON ADR NEW | 151290889 | 2,787,624 | 0.05 | 232302.0 | |
| - | VANGUARD SCOTTSDALE FDS | LG-TERM COR BD | 92206C813 | 2,784,852 | 0.05 | 37008.0 | |
| - | ISHARES TR | GLB INFRASTR ETF | 464288372 | 2,685,578 | 0.05 | 40324.0 | |
| - | VANGUARD WORLD FD | INF TECH ETF | 92204A702 | 2,636,133 | 0.05 | 22056.0 | |
| BLFS | UNCHANGED | BIOLIFE SOLUTIONS INC | COM NEW | 09062W204 | 2,578,764 | 0.05 | 91316.0 |
| V | ADDED | VISA INC | COM CL A | 92826C839 | 2,399,915 | 0.04 | 6995.0 |
| - | SELECT SECTOR SPDR TR | ST STR TECHN ETF | 81369Y803 | 2,370,831 | 0.04 | 12444.0 | |
| - | ISHARES TR | MSCI EMG MKT ETF | 464287234 | 2,112,569 | 0.04 | 30881.0 | |
| - | EPAM SYS INC | COM | 29414B104 | 2,101,664 | 0.04 | 26486.0 | |
| ANDE | ADDED | ANDERSONS INC | COM | 034164103 | 2,098,512 | 0.04 | 30680.0 |
| - | AXIA ENERGIA SA | SPON ADS PF CL C | 15236F100 | 2,007,053 | 0.04 | 190242.0 | |
| META | REDUCED | META PLATFORMS INC | CL A | 30303M102 | 1,992,357 | 0.04 | 3537.0 |
| - | MID-AMER APT CMNTYS INC | COM | 59522J103 | 1,988,509 | 0.04 | 14312.0 | |
| TCPC | ADDED | BLACKROCK TCP CAPITAL CORP | COM | 09259E108 | 1,988,475 | 0.04 | 591808.0 |
| - | AMBEV SA | SPONSORED ADR | 02319V103 | 1,952,527 | 0.03 | 621824.0 | |
| AVGO | ADDED | BROADCOM INC | COM | 11135F101 | 1,902,349 | 0.03 | 5036.0 |
| - | ISHARES INC | MSCI HONG KG ETF | 464286871 | 1,858,805 | 0.03 | 88853.0 | |
| MOS | ADDED | MOSAIC CO | COM | 61945C103 | 1,854,295 | 0.03 | 87508.0 |
| - | FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 | 1,849,257 | 0.03 | 103426.0 | |
| - | ISHARES TR | IBOXX INV CP ETF | 464287242 | 1,843,392 | 0.03 | 16901.0 | |
| - | CNH INDL N V | SHS | N20944109 | 1,762,200 | 0.03 | 156919.0 | |
| JPM | ADDED | JPMORGAN CHASE & CO | COM | 46625H100 | 1,726,993 | 0.03 | 5276.0 |
| - | ISHARES TR | 7-10 YR TRSY BD | 464287440 | 1,692,236 | 0.03 | 17894.0 | |
| RACE | ADDED | FERRARI N V | COM | N3167Y103 | 1,682,680 | 0.03 | 4542.0 |
| KR | ADDED | KROGER CO | COM | 501044101 | 1,593,211 | 0.03 | 28691.0 |
| - | ISHARES TR | RUSSELL 2000 ETF | 464287655 | 1,526,286 | 0.03 | 5080.0 | |
| - | ISHARES TR | GLB INFRASTR ETF | 464288372 | 1,507,957 | 0.03 | 22642.0 | |
| - | GE AEROSPACE | COM NEW | 369604301 | 1,504,263 | 0.03 | 4025.0 | |
| - | VANGUARD WORLD FD | ESG INTL STK ETF | 921910725 | 1,466,393 | 0.03 | 17809.0 | |
| KLAC | NEW | KLA CORP | COM NEW | 482480100 | 1,396,917 | 0.02 | 4630.0 |
| LLY | UNCHANGED | ELI LILLY & CO | COM | 532457108 | 1,393,738 | 0.02 | 1162.0 |
| - | SPDR GOLD TR | GOLD SHS | 78463V107 | 1,338,325 | 0.02 | 3633.0 | |
| MELI | NEW | MERCADOLIBRE INC | COM | 58733R102 | 1,293,411 | 0.02 | 762.0 |
| TSN | REDUCED | TYSON FOODS INC | CL A | 902494103 | 1,288,927 | 0.02 | 22514.0 |
| AON | UNCHANGED | AON PLC | SHS CL A | G0403H108 | 1,258,100 | 0.02 | 3793.0 |
| - | AVALONBAY CMNTYS INC | COM | 053484101 | 1,217,805 | 0.02 | 6454.0 | |
| - | ISHARES INC | MSCI JAPAN ETF | 46434G822 | 1,213,163 | 0.02 | 13007.0 | |
| HNRG | UNCHANGED | HALLADOR ENERGY COMPANY | COM | 40609P105 | 1,204,066 | 0.02 | 69239.0 |
| TBBB | NEW | BBB FOODS INC | CL A COM | G0896C103 | 1,186,595 | 0.02 | 28476.0 |
| - | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | 1,174,414 | 0.02 | 16483.0 | |
| AZN | REDUCED | ASTRAZENECA PLC | ORD | G0593M107 | 1,154,984 | 0.02 | 6177.0 |
| - | FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 | 1,103,017 | 0.02 | 61690.0 | |
| - | ISHARES INC | JP MORGAN EM ETF | 464286517 | 1,090,451 | 0.02 | 25700.0 | |
| URI | REDUCED | UNITED RENTALS INC | COM | 911363109 | 1,089,840 | 0.02 | 962.0 |
| - | TRACTOR SUPPLY CO | COM | 892356106 | 1,076,289 | 0.02 | 34049.0 | |
| - | ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | 1,046,086 | 0.02 | 10899.0 | |
| INGR | ADDED | INGREDION INC | COM | 457187102 | 1,014,249 | 0.02 | 10709.0 |
| SE | REDUCED | SEA LTD | SPONSORD ADS | 81141R100 | 966,829 | 0.02 | 10089.0 |
| - | ISHARES TR | CORE MSCI EURO | 46434V738 | 900,687 | 0.02 | 11982.0 | |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL C | 02079K107 | 899,932 | 0.02 | 2547.0 |
| - | ESSEX PPTY TR INC | COM | 297178105 | 880,310 | 0.02 | 3019.0 | |
| - | SPDR SERIES TRUST | SST SPDR BLOOMBE | 78464A151 | 871,980 | 0.02 | 27966.0 | |
| - | ISHARES TR | GLOB UTILITS ETF | 464288711 | 837,039 | 0.01 | 9851.0 | |
| - | VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | 794,489 | 0.01 | 10530.0 | |
| BLK | ADDED | BLACKROCK ETF TRUST | ISHARES US EQUIT | 09290C103 | 790,072 | 0.01 | 11617.0 |
| - | BANCO BRADESCO S A | SP ADR PFD NEW | 059460303 | 786,330 | 0.01 | 226608.0 | |
| - | GLOBAL X FDS | US INFR DEV ETF | 37954Y673 | 750,876 | 0.01 | 12744.0 | |
| - | ISHARES TR | EUROPE ETF | 464287861 | 703,294 | 0.01 | 9654.0 | |
| AMD | ADDED | ADVANCED MICRO DEVICES INC | COM | 007903107 | 650,038 | 0.01 | 1119.0 |
| - | SPDR GOLD TR | GOLD SHS | 78463V107 | 608,090 | 0.01 | 1640.0 | |
| - | VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 | 529,469 | 0.01 | 5980.0 | |
| WMT | ADDED | WALMART INC | COM | 931142103 | 524,281 | 0.01 | 4629.0 |
| - | APPLIED MATLS INC | COM | 038222105 | 524,175 | 0.01 | 725.0 | |
| - | ISHARES TR | 0-5YR INVT GR CP | 46434V100 | 523,697 | 0.01 | 10397.0 | |
| LRCX | ADDED | LAM RESEARCH CORP | COM NEW | 512807306 | 496,596 | 0.01 | 1146.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 490,382 | 0.01 | 980.0 | |
| PLTR | REDUCED | PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | 488,031 | 0.01 | 4183.0 |
| HDB | REDUCED | HDFC BANK LTD | SPONSORED ADS | 40415F101 | 475,763 | 0.01 | 18419.0 |
| - | ISHARES TR | GLOB UTILITS ETF | 464288711 | 473,368 | 0.01 | 5571.0 | |
| - | KORE GROUP HLDGS INC | COM NEW | 50066V305 | 456,267 | 0.01 | 49433.0 | |
| - | VANGUARD INDEX FDS | VALUE ETF | 922908744 | 448,718 | 0.01 | 2059.0 | |
| - | ISHARES TR | RUSSELL 2000 ETF | 464287655 | 426,339 | 0.01 | 1419.0 | |
| TSLA | REDUCED | TESLA INC | COM | 88160R101 | 423,965 | 0.01 | 1008.0 |
| - | VANGUARD INDEX FDS | VALUE ETF | 922908744 | 411,234 | 0.01 | 1887.0 | |
| - | BANK OF AMER CORP | COM | 060505104 | 405,128 | 0.01 | 7110.0 | |
| HD | ADDED | HOME DEPOT INC | COM | 437076102 | 392,533 | 0.01 | 1113.0 |
| - | ISHARES TR | MSCI EMG MKT ETF | 464287234 | 359,084 | 0.01 | 5249.0 | |
| MRK | NEW | MERCK & CO INC | COM | 58933Y105 | 328,575 | 0.01 | 2557.0 |
| COST | ADDED | COSTCO WHOLESALE CORPORATION | COM | 22160K105 | 316,189 | 0.01 | 338.0 |
| MA | ADDED | MASTERCARD INCORPORATED | CL A | 57636Q104 | 311,242 | 0.01 | 606.0 |
| INTC | NEW | INTEL CORP | COM | 458140100 | 304,393 | 0.01 | 2180.0 |
| CAT | REDUCED | CATERPILLAR INC | COM | 149123101 | 291,783 | 0.01 | 274.0 |
| PG | ADDED | PROCTER & GAMBLE CO | COM | 742718109 | 290,347 | 0.01 | 1980.0 |
| JNJ | UNCHANGED | JOHNSON & JOHNSON | COM | 478160104 | 277,843 | 0.0 | 1094.0 |
| TKO | REDUCED | TKO GROUP HOLDINGS INC | CL A | 87256C101 | 271,769 | 0.0 | 1350.0 |
| - | TJX COS INC NEW | COM | 872540109 | 270,882 | 0.0 | 1788.0 | |
| MRVL | NEW | MARVELL TECHNOLOGY INC | COM | 573874104 | 263,037 | 0.0 | 883.0 |
| PLD | NEW | PROLOGIS INC. | COM | 74340W103 | 258,748 | 0.0 | 1910.0 |
| C | ADDED | CITIGROUP INC | COM NEW | 172967424 | 256,687 | 0.0 | 1834.0 |
| - | SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 | 252,830 | 0.0 | 262.0 | |
| - | AMERICAN TOWER CORP | COM | 03027X100 | 249,935 | 0.0 | 1528.0 | |
| PANW | NEW | PALO ALTO NETWORKS INC | COM | 697435105 | 235,304 | 0.0 | 690.0 |
| - | QUALCOMM INC | COM | 747525103 | 233,759 | 0.0 | 1265.0 | |
| GS | NEW | GOLDMAN SACHS GROUP INC | COM | 38141G104 | 233,626 | 0.0 | 231.0 |
| - | VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | 232,763 | 0.0 | 3085.0 | |
| - | BARINGS GLOBAL SHORT DURATION | COM | 06760L100 | 230,268 | 0.0 | 16331.0 | |
| GEV | NEW | GE VERNOVA INC | COM | 36828A101 | 226,748 | 0.0 | 193.0 |
| - | SIMON PPTY GROUP INC NEW | COM | 828806109 | 225,216 | 0.0 | 1007.0 | |
| - | INTERNATIONAL BUSINESS MACHS | COM | 459200101 | 221,031 | 0.0 | 786.0 | |
| - | CISCO SYS INC | COM | 17275R102 | 216,479 | 0.0 | 1843.0 | |
| WDC | NEW | WESTERN DIGITAL CORP | COM | 958102105 | 212,055 | 0.0 | 332.0 |
| ADI | NEW | ANALOG DEVICES INC | COM | 032654105 | 210,500 | 0.0 | 530.0 |
| UNH | NEW | UNITEDHEALTH GROUP INC | COM | 91324P102 | 209,893 | 0.0 | 505.0 |
| CB | NEW | CHUBB LIMITED | COM | H1467J104 | 209,214 | 0.0 | 614.0 |
| RTX | REDUCED | RTX CORPORATION | COM | 75513E101 | 208,513 | 0.0 | 1099.0 |
| NFLX | ADDED | NETFLIX INC. | COM | 64110L106 | 204,989 | 0.0 | 2871.0 |
| CVS | NEW | CVS HEALTH CORP | COM | 126650100 | 200,072 | 0.0 | 1934.0 |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 198,641 | 0.0 | 266.0 | |
| - | VANGUARD SCOTTSDALE FDS | LG-TERM COR BD | 92206C813 | 182,782 | 0.0 | 2429.0 | |
| AU | ADDED | ANGLOGOLD ASHANTI PLC | COM SHS | G0378L100 | 120,607 | 0.0 | 1491.0 |
| PDD | REDUCED | PDD HOLDINGS INC | SPONSORED ADS | 722304102 | 91,689 | 0.0 | 1202.0 |
| CURI | UNCHANGED | CURIOSITYSTREAM INC | COM CL A | 23130Q107 | 74,294 | 0.0 | 27930.0 |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 41,296 | 0.0 | 3091.0 | |
| AZN | REDUCED | ASTRAZENECA PLC | ORD | G0593M107 | 14,024 | 0.0 | 75.0 |
| WPM | REDUCED | WHEATON PRECIOUS METALS CORP | COM | 962879102 | 13,598 | 0.0 | 121.0 |
| TTE | REDUCED | TOTALENERGIES SE | ACT | F92124100 | 12,510 | 0.0 | 161.0 |
| RACE | ADDED | FERRARI N V | COM | N3167Y103 | 10,003 | 0.0 | 27.0 |
| AON | UNCHANGED | AON PLC | SHS CL A | G0403H108 | 9,619 | 0.0 | 29.0 |
| - | CRH PLC | ORD | G25508105 | 8,988 | 0.0 | 84.0 | |
| NBIS | NEW | NEBIUS GROUP N.V. | SHS CLASS A | N97284108 | 0 | 0.0 | 90661.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-07 | 5,638,527,953 | 245 | 1.448607 | 0.048442 | 2.192723 |
| 2026-03-31 | 2026-05-06 | 6,193,205,713 | 238 | 1.318219 | 0.039514 | 2.076293 |
| 2025-12-31 | 2026-02-12 | 5,427,017,391 | 218 | 1.561448 | 0.045694 | 2.395665 |
| 2025-09-30 | 2025-11-10 | 5,252,079,500 | 221 | 1.502793 | 0.045832 | 2.351214 |
| 2025-03-31 | 2025-05-09 | 4,006,371,808 | 210 | 1.350054 | 0.040692 | 2.370091 |
| 2024-12-31 | 2025-02-07 | 4,210,957,993 | 209 | 1.248293 | 0.038951 | 2.173792 |