BATS | ETF
The Sub-Adviser employs a multi-step, quantitative, rules-based methodology to identify a portfolio of approximately 50 to 200 undervaluedU. S. equity securities with the potential for capital appreciation.
A security is considered to be undervalued when it trades at a price below the price at which the Sub-Adviser believes it would trade if the market reflected all factors relating to the company"s worth.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BKR | Baker Hughes Co | Energy | Oil & Gas Equipment & Services | 2.36% |
| NXT | Nextracker Inc. Class A Common Stock | Technology | Solar | 2.34% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 2.11% |
| NVR | NVR Inc | Consumer Cyclical | Residential Construction | 2.10% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 2.08% |
| EXPD | Expeditors International of Washington, Inc. | Industrials | Integrated Freight & Logistics | 2.07% |
| MMS | Maximus Inc | Industrials | Specialty Business Services | 2.07% |
| ALSN | Allison Transmission Holdings Inc | Consumer Cyclical | Auto Parts | 2.07% |
| MO | Altria Group | Consumer Defensive | Tobacco | 2.07% |
| MAS | Masco Corporation | Industrials | Building Products & Equipment | 2.07% |
| HES | Hess Corporation | Energy | Oil & Gas E&P | 2.06% |
| UHS | Universal Health Services Inc | Healthcare | Medical Care Facilities | 2.06% |
| FCX | Freeport-McMoran Copper & Gold Inc | Basic Materials | Copper | 2.05% |
| APTV | Aptiv PLC | Consumer Cyclical | Auto Parts | 2.05% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 2.03% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 2.03% |
| NOV | NOV Inc. | Energy | Oil & Gas Equipment & Services | 2.03% |
| ADT_old | ADT | Industrials | Security & Protection Services | 2.02% |
| SCI | Service Corporation International | Consumer Cyclical | Personal Services | 2.02% |
| HALO | Halozyme Therapeutics Inc | Healthcare | Biotechnology | 2.02% |