Top 20 Holdings

Composite holdings are as 03/31/2019. 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
Microsoft Corporation Software4.79
Apple Inc.Technology Hardware, Storage, & Peripherals4.40
Alliance Data Systems CorporationIT Services4.05
UnitedHealth Group IncorporatedHealthcare Providers & Services3.99
AutoZone, Inc. Specialty Retail3.89
Microchip Technology Semiconductors & Equipment3.39
Alerian MLP Exhange Traded Funds3.26
Cameco CorporationOil, Gas & Consumable Fuels3.26
Celanese Corporation - Series AChemicals3.19
Broadcom Inc.Semiconductors & Equipment3.07
Annaly Capital Management Inc. Real Estate Investment Trusts 3.02
Gilead Sciences, Inc. Biotechnology 2.97
Invesco Buyback Achievers Exchange Traded Funds2.96
SPDR Gold Shares Exchange Traded Funds2.82
DowDuPont, Inc. Chemicals2.63
Celgene CorporationBiotechnology2.58
Cognizant Tech Solutions - AIT Services2.48
McKesson CorporationHealthcare Providers & Services2.43
Federated Investors, Inc. - Class BCapital Markets2.28
Biogen Idec Inc. Biotechnology 1.87

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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1% (1st million), 0.5% (remainder)


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