IPAV Holdings
107 holdings in the fund's latest file; the data source updated it on Oct 7, 2026.
Top 25 Holdings
| # | Holding | Weight | Shares (as reported) | Value (as reported) |
|---|---|---|---|---|
| 1 | FUJIKURA LTD (5803.T) | 3.95% | 5,579 | $206.6K |
| 2 | CANADIAN NATL RAILWAY CO | 3.38% | 1,493 | $176.7K |
| 3 | ARCELORMITTAL (MT.AS) | 3.25% | 2,589 | $169.7K |
| 4 | CANADIAN PACIFIC KANSAS CITY | 3.23% | 1,977 | $168.7K |
| 5 | LARSEN & TOUBRO LTD (LT.NS) | 3.11% | 4,155 | $162.4K |
| 6 | NIPPON STEEL CORP (5401.T) | 3.00% | 38,167 | $157.1K |
| 7 | SHIN-ETSU CHEMICAL CO LTD (4063.T) | 2.95% | 3,860 | $154.4K |
| 8 | VINCI SA (DG.PA) | 2.84% | 1,208 | $148.6K |
| 9 | PRYSMIAN SPA (PRY.MI) | 2.75% | 981 | $144.0K |
| 10 | HOLCIM LTD (HOLN.SW) | 2.75% | 1,814 | $143.7K |
| 11 | DOOSAN ENERBILITY CO LTD (034020.KS) | 2.69% | 2,317 | $140.5K |
| 12 | HEIDELBERG MATERIALS AG (HEI.DE) | 2.66% | 842 | $139.3K |
| 13 | POSCO HOLDINGS INC (005490.KS) | 2.62% | 578 | $136.8K |
| 14 | TATA STEEL LTD | 2.55% | 71,908 | $133.3K |
| 15 | WEG SA (WEGE3.SA) | 2.51% | 12,900 | $131.5K |
| 16 | FERROVIAL NV | 2.47% | 2,514 | $129.0K |
| 17 | CEMEX SAB-SPONS ADR PART CER | 2.38% | 12,529 | $124.3K |
| 18 | CELLNEX TELECOM SA (CLNX.MC) | 2.35% | 4,769 | $122.8K |
| 19 | HINDALCO INDUSTRIES LTD | 2.27% | 12,174 | $118.7K |
| 20 | ULTRATECH CEMENT LTD | 2.12% | 994 | $110.8K |
| 21 | LS ELECTRIC CO LTD (010120.KS) | 2.02% | 653 | $105.7K |
| 22 | JSW STEEL LTD | 1.90% | 7,589 | $99.1K |
| 23 | EIFFAGE (FGR.PA) | 1.66% | 754 | $86.6K |
| 24 | ATKINSREALIS GROUP INC (ATRL.TO) | 1.65% | 1,406 | $86.4K |
| 25 | BLUESCOPE STEEL LTD (BSL.AX) | 1.58% | 3,789 | $82.4K |
Sector Weights
- Basic Materials: 45.81%
- Cash & Others: 0.01%
- Communication Services: 2.35%
- Consumer Cyclical: 0.11%
- Energy: 1.21%
- Industrials: 46.87%
- Real Estate: 2.77%
- Technology: 0.22%
- Utilities: 0.65%
Country Weights
- India: 19.54%
- Japan: 14.23%
- South Korea: 8.72%
- Canada: 8.34%
- France: 5.72%
- Italy: 4.90%
- Netherlands: 4.39%
- Luxembourg: 3.64%
- Spain: 3.52%
- Brazil: 3.40%
- China: 3.07%
- Australia: 2.75%
- Switzerland: 2.75%
- Germany: 2.70%
- Mexico: 2.30%
- Taiwan: 1.40%
- Austria: 1.29%
- Denmark: 1.19%
- Sweden: 1.01%
- Belgium: 0.95%
- Malaysia: 0.87%
- Turkey: 0.65%
- Israel: 0.65%
- Greece: 0.48%
- United Kingdom: 0.39%
- Finland: 0.38%
- Poland: 0.37%
- United Arab Emirates: 0.14%
- Other: 0.13%
- Hong Kong: 0.13%
Shares, value and weight are as reported in the file, dated by the data source's last update of it (not the date of the positions), never adjusted; a split warning appears only for a split close to or after that date, and its absence does not mean the count is on today's share basis. Weights as the fund reports them. Leveraged and inverse funds list swaps and cash, so weights can be negative or add up past 100.