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 |
|---|---|---|---|---|
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 10.90% |
| TDW | Tidewater Inc | Energy | Oil & Gas Equipment & Services | 9.80% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 9.02% | ||
| TLNE | Talen Energy Corporation | Utilities | Utilities - Independent Power Producers | 8.05% |
| PDD | PDD Holdings Inc. | Consumer Cyclical | Internet Retail | 6.29% |
| HCC | Warrior Met Coal Inc | Basic Materials | Coking Coal | 5.47% |
| IHS | IHS Holding Ltd | Real Estate | Real Estate Services | 5.14% |
| FNMA | Federal National Mortgage Association | Financial Services | Mortgage Finance | 5.12% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 4.63% |
| ACIC | American Coastal Insurance Corp | Financial Services | Insurance - Property & Casualty | 4.59% |
| AMR | Alpha Metallurgical Resources Inc | Basic Materials | Coking Coal | 4.48% |
| VAL | Valaris Ltd | Energy | Oil & Gas Equipment & Services | 4.34% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.05% |
| LYG | Lloyds Banking Group PLC ADR | Financial Services | Banks - Regional | 3.23% |
| CCO | Cameco Corp | Energy | Uranium | 2.63% |
| ASPI | ASP Isotopes Inc. Common Stock | Basic Materials | Chemicals | 2.55% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 2.43% |
| RYCEY | Rolls Royce Holdings plc | Industrials | Aerospace & Defense | 1.93% |
| TPX | Tempur Sealy International Inc | Consumer Cyclical | Furnishings, Fixtures & Appliances | 1.66% |
| SDRL | Seadrill Ltd | Energy | Oil & Gas Drilling | 0.63% |