NYSE | ETF
The fund is an actively managed exchange traded fund ("ETF") that seeks to achieve its investment objective by investing under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities.
The managers define "equity securities" to mean common stock, depositary receipts (e.g., American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs")), equity interests in real estate investment trusts ("REITs") and master limited partnerships ("MLPs").
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| TDW | Tidewater Inc | Energy | Oil & Gas Equipment & Services | 9.78% |
| TLN | Talen Energy Corporation | Utilities | Utilities - Independent Power Producers | 9.46% |
| TLNE | Talen Energy Corporation | Utilities | Utilities - Independent Power Producers | 9.18% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 8.00% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 6.70% |
| HCC | Warrior Met Coal Inc | Basic Materials | Coking Coal | 5.12% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 5.09% | ||
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.83% |
| SDRL | Seadrill Ltd | Energy | Oil & Gas Drilling | 4.39% |
| IHS | IHS Holding Ltd | Real Estate | Real Estate Services | 4.24% |
| ICLR | ICON PLC | Healthcare | Diagnostics & Research | 4.15% |
| LYG | Lloyds Banking Group PLC ADR | Financial Services | Banks - Regional | 4.08% |
| AMR | Alpha Metallurgical Resources Inc | Basic Materials | Coking Coal | 3.93% |
| VLRS | Volaris | Industrials | Airlines | 3.74% |
| TPX | Tempur Sealy International Inc | Consumer Cyclical | Furnishings, Fixtures & Appliances | 3.67% |
| RYCEY | Rolls Royce Holdings plc | Industrials | Aerospace & Defense | 3.51% |
| UBER | Uber Technologies Inc | Technology | Software - Application | 3.36% |
| ASPI | ASP Isotopes Inc. Common Stock | Basic Materials | Chemicals | 3.24% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.64% |
| PDD | PDD Holdings Inc. | Consumer Cyclical | Internet Retail | 2.50% |