ICAP holdings

Weighted average maturity

13.2 years

stated maturity, not duration

Weighted average coupon

7.92%

Maturing in 3-5y

3.3%

Maturing in 10-20y

0.7%

Maturing in 20y+

1.1%

#	Holding	Type	Weight	Value	Shares / par	Country
1	MRVLMarvell Technology, Inc. Common Stock	Equity	4.86%	$5.3M	25,727	US
2	CFGCitizens Financial Group, Inc.	Equity	4.63%	$5.0M	80,692	US
3	TOLToll Brothers, Inc.	Equity	4.60%	$5.0M	36,025	US
4	CELHCelsius Holdings, Inc. Common Stock	Equity	4.14%	$4.5M	135,149	US
5	LENLennar Corporation Class A	Equity	4.11%	$4.5M	49,743	US
6	LMTLockheed Martin Corp.	Equity	3.85%	$4.2M	7,887	US
7	AMZNAmazon.Com Inc	Equity	3.82%	$4.1M	15,326	US
8	GSGoldman Sachs Group Inc.	Equity	3.36%	$3.6M	3,556	US
9	KKRKKR & Co. Inc.	Equity	3.06%	$3.3M	34,680	US
10	MSFTMicrosoft Corp	Equity	3.05%	$3.3M	7,361	US
11	ETENERGY TRANSFER LP	Equity	2.80%	$3.0M	158,654	US
12	NEENextEra Energy, Inc.	Equity	2.79%	$3.0M	34,884	US
13	FCXFreeport-McMoran Inc.	Equity	2.78%	$3.0M	45,961	US
14	APOApollo Global Management, Inc.	Equity	2.73%	$3.0M	23,044	US
15	AVGOBroadcom Inc. Common Stock	Equity	2.72%	$3.0M	6,603	US
16	MRKMerck & Co., Inc.	Equity	2.68%	$2.9M	24,553	US
17	ORCLOracle Corp	Equity	2.52%	$2.7M	12,117	US
18	MSMorgan Stanley	Equity	2.33%	$2.5M	12,155	US
19	ZIONZions Bancorporation N.A.	Equity	2.19%	$2.4M	38,089	US
20	VSTVistra Corp.	Equity	2.16%	$2.3M	14,643	US
21	CVXChevron Corporation	Equity	2.11%	$2.3M	12,547	US
22	XELXcel Energy, Inc.	Equity	2.08%	$2.3M	28,430	US
23	AMDAdvanced Micro Devices	Equity	2.05%	$2.2M	4,317	US
24	ADAMAS TRUST INC	Preferred	1.92%	$2.1M	89,530	US
25	XOMExxonMobil Holdings Corporation	Equity	1.88%	$2.0M	14,090	US
26	MPLXMPLX LP	Equity	1.77%	$1.9M	35,226	US
27	BXPBXP, Inc.	Equity	1.74%	$1.9M	31,570	US
28	KRCKilroy Realty Corp.	Equity	1.73%	$1.9M	54,890	US
29	REDWOOD TRUST INC2029-09	Corporate Bond	1.64%	$1.8M	72,368	US
30	KKRPDKKR & CO INC	Preferred	1.58%	$1.7M	40,991	US
31	METAMeta Platforms, Inc. Class A Common Stock	Equity	1.57%	$1.7M	2,701	US
32	GEVGE Vernova Inc.	Equity	1.46%	$1.6M	1,636	US
33	NVDANvidia Corp	Equity	1.39%	$1.5M	7,156	US
34	KHCThe Kraft Heinz Company	Equity	1.39%	$1.5M	62,838	US
35	REXRREXFORD INDUSTRIAL REALTY, INC.	Equity	1.39%	$1.5M	42,463	US
36	CCICrown Castle Inc.	Equity	1.38%	$1.5M	16,363	US
37	RITMPERITHM CAPITAL CORP	Preferred	1.32%	$1.4M	59,308	US
38	LNTAlliant Energy Corporation Common Stock	Equity	1.29%	$1.4M	19,540	US
39	LNGCheniere Energy Inc	Equity	1.28%	$1.4M	6,185	US
40	BXBlackstone Inc.	Equity	1.26%	$1.4M	11,720	US
41	PMPhilip Morris International Inc.	Equity	1.19%	$1.3M	7,286	US
42	VZVerizon Communications	Equity	1.17%	$1.3M	26,526	US
43	ORCLPDORACLE CORP	Preferred	1.16%	$1.3M	19,670	US
44	COREBRIDGE FINANCIAL INC2064-12	Corporate Bond	1.15%	$1.2M	54,290	US
45	BWPABABCOCK & WILCOX ENTERPR	Preferred	1.13%	$1.2M	53,455	US
46	LLYEli Lilly & Co.	Equity	1.07%	$1.2M	1,054	US
47	FITBFifth Third Bancorp	Equity	1.07%	$1.2M	23,184	US
48	ALBAlbemarle Corporation	Equity	1.06%	$1.2M	6,551	US
49	RLJPARLJ LODGING TRUST	Preferred	1.02%	$1.1M	44,433	US
50	DHID.R. Horton Inc.	Equity	0.99%	$1.1M	7,346	US
51	RTXRTX Corporation	Equity	0.96%	$1.0M	5,795	US
52	SOThe Southern Company	Equity	0.94%	$1.0M	11,061	US
53	AGNC INVESTMENT CORP2030-10	Corporate Bond	0.94%	$1.0M	40,066	US
54	KVUEKenvue Inc.	Equity	0.93%	$1.0M	58,677	US
55	SAFESafehold Inc.	Equity	0.89%	$968K	64,633	US
56	TPGTPG Inc. Class A Common Stock	Equity	0.89%	$967K	22,705	US
57	GLOBAL NET LEASE INC	Preferred	0.84%	$911K	42,867	US
58	FSLRFirst Solar, Inc.	Equity	0.80%	$865K	2,819	US
59	PEPPepsiCo, Inc.	Equity	0.76%	$830K	5,756	US
60	DIVERSIFIED HEALTHCARE T2042-08	Corporate Bond	0.73%	$792K	43,502	US
61	REDWOOD TRUST INC2030-03	Corporate Bond	0.72%	$780K	32,082	US
62	PCGPXPG&E CORP	Preferred	0.64%	$697K	17,232	US
63	KOCoca-Cola Company	Equity	0.60%	$650K	8,224	US
64	MCDMcDonald's Corporation	Equity	0.55%	$599K	2,147	US
65	BHFAPBrighthouse Financial, Inc. Depositary Shares 6.6% Non-Cumulative Preferred Stock, Series A	Preferred	0.54%	$588K	38,770	US
66	BHFBrighthouse Financial, Inc.	Equity	0.54%	$587K	9,384	US
67	GNLGlobal Net Lease, Inc.	Equity	0.54%	$587K	62,628	US
68	BHFAOBrighthouse Financial, Inc. Depositary Shares 6.75% Non-Cum Pfd Series B	Preferred	0.54%	$586K	37,778	US
69	N/A	Derivative	0.46%	$500K	50	US
70	ALBPAALBEMARLE CORP	Preferred	0.41%	$441K	6,369	US
71	TAT&T Inc.	Equity	0.40%	$430K	17,342	US
72	N/A	Derivative	0.35%	$380K	30	US
73	SLMBPSLM Corporation Floating-Rate Non-Cumulative Series B	Preferred	0.34%	$366K	4,891	US
74	MBINLMerchants Bancorp Depositary Shares, Each Representing a 1/40thInterest in a Share of 7.25% Fixed Rate Series E Non-CumulativePerpetual Preferred Stock, without par value	Preferred	0.31%	$339K	13,722	US
75	APOApollo Global Management, Inc.	Preferred	0.31%	$336K	5,094	US
76	AGNC INVESTMENT CORP	Preferred	0.21%	$230K	9,169	US
77	GOOGLAlphabet Inc. Class A Common Stock	Equity	0.18%	$200K	527	US
78	HPEPCHP ENTERPRISE CO	Preferred	0.15%	$168K	1,520	US
79	BACBank of America Corporation	Equity	0.03%	$32K	614	US
80	USBU.S. Bancorp	Equity	0.02%	$24K	429	US
81	DVNDevon Energy Corporation	Equity	0.02%	$20K	444	US
82	PENNYMAC MTGE INVESTMENT2030-02	Corporate Bond	0.02%	$17K	667	US
83	MUMicron Technology, Inc.	Equity	0.01%	$9K	9	US
84	JPMJPMorgan Chase & Co.	Equity	0.00%	$3K	9	US
85	EIXEdison International	Equity	0.00%	$1K	17	US
86	N/A	Derivative	-0.00%	−$10	-20	US
87	N/A	Derivative	-0.00%	−$10	-10	US
88	N/A	Derivative	-0.00%	−$20	-20	US
89	N/A	Derivative	-0.00%	−$20	-20	US
90	N/A	Derivative	-0.00%	−$20	-20	US
91	N/A	Derivative	-0.00%	−$20	-20	US
92	N/A	Derivative	-0.00%	−$50	-10	US
93	N/A	Derivative	-0.00%	−$60	-10	US
94	N/A	Derivative	-0.00%	−$80	-10	US
95	N/A	Derivative	-0.00%	−$100	-10	US
96	N/A	Derivative	-0.00%	−$100	-20	US
97	N/A	Derivative	-0.00%	−$100	-10	US
98	N/A	Derivative	-0.00%	−$100	-10	US
99	N/A	Derivative	-0.00%	−$140	-140	US
100	N/A	Derivative	-0.00%	−$150	-30	US
101	N/A	Derivative	-0.00%	−$150	-10	US
102	N/A	Derivative	-0.00%	−$200	-100	US
103	N/A	Derivative	-0.00%	−$340	-20	US
104	N/A	Derivative	-0.00%	−$400	-20	US
105	N/A	Derivative	-0.00%	−$500	-10	US
106	N/A	Derivative	-0.00%	−$550	-50	US
107	N/A	Derivative	-0.00%	−$640	-20	US
108	N/A	Derivative	-0.00%	−$650	-50	US
109	N/A	Derivative	-0.00%	−$660	-20	US
110	N/A	Derivative	-0.00%	−$700	-50	US
111	N/A	Derivative	-0.00%	−$720	-20	US
112	N/A	Derivative	-0.00%	−$750	-20	US
113	N/A	Derivative	-0.00%	−$750	-50	US
114	N/A	Derivative	-0.00%	−$750	-10	US
115	N/A	Derivative	-0.00%	−$900	-50	US
116	N/A	Derivative	-0.00%	−$1K	-50	US
117	N/A	Derivative	-0.00%	−$1K	-10	US
118	N/A	Derivative	-0.00%	−$1K	-20	US
119	N/A	Derivative	-0.00%	−$2K	-20	US
120	N/A	Derivative	-0.00%	−$2K	-10	US
121	N/A	Derivative	-0.00%	−$2K	-30	US
122	N/A	Derivative	-0.00%	−$2K	-50	US
123	N/A	Derivative	-0.00%	−$2K	-20	US
124	N/A	Derivative	-0.00%	−$2K	-75	US
125	N/A	Derivative	-0.00%	−$2K	-10	US
126	N/A	Derivative	-0.00%	−$3K	-50	US
127	N/A	Derivative	-0.00%	−$3K	-10	US
128	N/A	Derivative	-0.00%	−$3K	-50	US
129	N/A	Derivative	-0.00%	−$3K	-10	US
130	N/A	Derivative	-0.00%	−$3K	-30	US
131	N/A	Derivative	-0.00%	−$3K	-50	US
132	N/A	Derivative	-0.00%	−$3K	-75	US
133	N/A	Derivative	-0.00%	−$3K	-10	US
134	N/A	Derivative	-0.00%	−$3K	-20	US
135	N/A	Derivative	-0.00%	−$4K	-10	US
136	N/A	Derivative	-0.00%	−$4K	-20	US
137	N/A	Derivative	-0.00%	−$4K	-20	US
138	N/A	Derivative	-0.00%	−$4K	-70	US
139	N/A	Derivative	-0.00%	−$4K	-30	US
140	N/A	Derivative	-0.00%	−$5K	-10	US
141	N/A	Derivative	-0.00%	−$5K	-10	US
142	N/A	Derivative	-0.01%	−$9K	-20	US
143	N/A	Derivative	-0.01%	−$10K	-30	US
144	N/A	Derivative	-0.01%	−$11K	-20	US
145	N/A	Derivative	-0.01%	−$11K	-20	US
146	N/A	Derivative	-0.01%	−$14K	-25	US
147	N/A	Derivative	-0.01%	−$16K	-80	US
148	N/A	Derivative	-0.02%	−$17K	-50	US
149	N/A	Derivative	-0.02%	−$19K	-10	US
150	N/A	Derivative	-0.02%	−$20K	-10	US
151	N/A	Derivative	-0.02%	−$21K	-10	US
152	N/A	Derivative	-0.02%	−$21K	-10	US
153	N/A	Derivative	-0.02%	−$22K	-40	US
154	N/A	Derivative	-0.02%	−$22K	-20	US
155	N/A	Derivative	-0.02%	−$23K	-50	US
156	N/A	Derivative	-0.03%	−$31K	-10	US
157	N/A	Derivative	-0.03%	−$35K	-20	US
158	N/A	Derivative	-0.04%	−$47K	-5	US

Find which other funds hold a stock by opening it and choosing "ETFs holding".

Action	Holding	Weight before	Weight after	Shares vs flows	Between reports
Decrease	GNLGlobal Net Lease Inc	5.04%	0.54%	−89.0%	Feb 28, 2026 → May 31, 2026 SEC
Increase	CELHCelsius Holdings Inc	0.58%	4.14%	+1077.9%	Feb 28, 2026 → May 31, 2026 SEC
Increase	LMTLockheed Martin Corp	0.70%	3.85%	+595.6%	Feb 28, 2026 → May 31, 2026 SEC
New position	ETEnergy Transfer LP	—	2.80%	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	PMPhilip Morris International In	3.92%	1.19%	−67.4%	Feb 28, 2026 → May 31, 2026 SEC
New position	ORCLOracle Corp	—	2.52%	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	EIXEdison International	2.50%	0.00%	−100.0%	Feb 28, 2026 → May 31, 2026 SEC
Decrease	PEPPepsiCo Inc	3.10%	0.76%	−70.4%	Feb 28, 2026 → May 31, 2026 SEC
New position	MSMorgan Stanley	—	2.33%	—	Feb 28, 2026 → May 31, 2026 SEC
New position	AMDAdvanced Micro Devices Inc	—	2.05%	—	Feb 28, 2026 → May 31, 2026 SEC
Increase	CVXChevron Corp	0.19%	2.11%	+1039.7%	Feb 28, 2026 → May 31, 2026 SEC
Increase	XOMExxon Mobil Corp	0.23%	1.88%	+776.4%	Feb 28, 2026 → May 31, 2026 SEC
Decrease	AMZNAmazon.com Inc	5.43%	3.82%	−44.2%	Feb 28, 2026 → May 31, 2026 SEC
Exit	ORealty Income Corp	1.49%	—	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	USBUS Bancorp	1.50%	0.02%	−98.5%	Feb 28, 2026 → May 31, 2026 SEC
New position	GEVGE Vernova Inc	—	1.46%	—	Feb 28, 2026 → May 31, 2026 SEC
Exit	MTBM&T Bank Corp	1.44%	—	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	KVUEKenvue Inc	2.36%	0.93%	−55.2%	Feb 28, 2026 → May 31, 2026 SEC
New position	LNGCheniere Energy Inc	—	1.28%	—	Feb 28, 2026 → May 31, 2026 SEC
Exit	CTRACoterra Energy Inc	1.20%	—	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	MCDMcDonald's Corp	1.74%	0.55%	−60.3%	Feb 28, 2026 → May 31, 2026 SEC
Increase	AVGOBroadcom Inc	1.55%	2.72%	+28.1%	Feb 28, 2026 → May 31, 2026 SEC
Exit	NWNNorthwest Natural Holding Co	1.16%	—	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	NVDANVIDIA Corp	2.55%	1.39%	−53.3%	Feb 28, 2026 → May 31, 2026 SEC
New position	ORCLPDORACLE CORP	—	1.16%	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	NEENextEra Energy Inc	3.93%	2.79%	−21.7%	Feb 28, 2026 → May 31, 2026 SEC
Increase	MSFTMicrosoft Corp	1.95%	3.05%	+39.6%	Feb 28, 2026 → May 31, 2026 SEC
New position	LLYEli Lilly & Co	—	1.07%	—	Feb 28, 2026 → May 31, 2026 SEC
New position	ALBAlbemarle Corp	—	1.06%	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	METAMeta Platforms Inc	2.60%	1.57%	−36.6%	Feb 28, 2026 → May 31, 2026 SEC
Exit	CSCOCisco Systems Inc	0.99%	—	—	Feb 28, 2026 → May 31, 2026 SEC
Increase	RTXRTX Corp	0.05%	0.96%	+2202.3%	Feb 28, 2026 → May 31, 2026 SEC
Decrease	FCXFreeport-McMoRan Inc	3.66%	2.78%	−19.6%	Feb 28, 2026 → May 31, 2026 SEC
Exit	DLRDigital Realty Trust Inc	0.85%	—	—	Feb 28, 2026 → May 31, 2026 SEC
Decrease	KOCoca-Cola Co/The	1.12%	0.60%	−43.5%	Feb 28, 2026 → May 31, 2026 SEC
New position	ALBPAALBEMARLE CORP	—	0.41%	—	Feb 28, 2026 → May 31, 2026 SEC
Increase	CCICrown Castle Inc	1.01%	1.38%	+36.6%	Feb 28, 2026 → May 31, 2026 SEC
Increase	TOLToll Brothers Inc	4.26%	4.60%	+24.9%	Feb 28, 2026 → May 31, 2026 SEC
Exit	JNJJohnson & Johnson	0.21%	—	—	Feb 28, 2026 → May 31, 2026 SEC
Increase	SOSouthern Co/The	0.75%	0.94%	+35.5%	Feb 28, 2026 → May 31, 2026 SEC
New position	GOOGLAlphabet Inc	—	0.18%	—	Feb 28, 2026 → May 31, 2026 SEC
Increase	LENLennar Corp	3.95%	4.11%	+35.4%	Feb 28, 2026 → May 31, 2026 SEC
Increase	DHIDR Horton Inc	0.86%	0.99%	+28.6%	Feb 28, 2026 → May 31, 2026 SEC
Decrease	GSGoldman Sachs Group Inc/The	3.42%	3.36%	−15.9%	Feb 28, 2026 → May 31, 2026 SEC
New position	BACBank of America Corp	—	0.03%	—	Feb 28, 2026 → May 31, 2026 SEC

Share-count changes are measured after removing what creations and redemptions explain.