Top 20 Holdings

Composite holdings are as of the most recent quarter-end. For a printer-friendly version of the Composite Performance, Top 20 Holdings, and other Composite data, view the Quarterly Fact Sheet.

CompanyIndustry% of Net Assets
ON Semiconductor CorporationSemiconductors & Semiconductor Equipment4.68
Alliance Data Systems CorporationIT Services4.68
Apple Inc.Technology Hardware, Storage, & Peripherals4.68
Gilead Sciences, Inc. Biotechnology 4.42
Microsoft Corporation Software3.71
Microchip Technology Semiconductors & Equipment3.69
Tencent Holdings Ltd. - ADRInternet Software & Services3.66
UnitedHealth Group IncorporatedHealthcare Providers & Services3.33
Celanese Corporation - Series AChemicals3.10
DowDuPont, Inc. Chemicals3.01
Express Scripts Holdings CompanyHealth Care Providers & Services2.92
Annaly Capital Management Inc. Real Estate Investment Trusts 2.90
Biogen Idec Inc. Biotechnology 2.81
McKesson CorporationHealthcare Providers & Services2.80
PowerShares Buyback Achievers PortfolioExchange Traded Funds2.76
SPDR Gold Shares Exchange Traded Funds2.76
Cognizant Technology Solutions Corp. IT Services2.59
Federated Investors, Inc. - Class BCapital Markets2.51
Bristol-Myers Squibb CompanyPharmaceuticals2.46
Cameco CorporationOil, Gas & Consumable Fuels2.41

Composite holdings are subject to change and are not recommendations to buy or sell any security.

Composite Top Twenty Holdings are presented as supplemental information to the fully compliant presentation on the Performance page.

Return on Equity (ROE) is a company’s net income (earnings), divided by the owner’s equity in the business (book value).

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