DFSE holdings

Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 97.93% at a quoted market price (level 1), 37 issuer countries, 4.28% restricted securities.

DFSE's largest investment is Taiwan Semiconductor Manufacturing Co Ltd at 6.99% of net assets. Tencent Holdings Ltd and SK Hynix Inc follow; the three together are 12.04%. Ten companies are 23.75% of the fund; the other 3,697 share the rest. Among the 721 equity funds measured here, DFSE behaves like 86.4 holdings against a median of 42.4 — 2.0 times the median. Across 14 quarterly filings DFSE has become more concentrated: it behaved like 232.8 at 2023-01-31 and 121 at 2026-04-30. Between the 2026-01-31 and 2026-04-30 filings 165 positions were added and 150 dropped; 11.7% of the weight moved. Taiwan is the largest country at 25.82% of the portfolio, across 37 countries in the filing.

Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable equity funds on this site. Nothing here is a view on the fund.

Between 2023-01-31 and 2026-04-30, DFSE went from behaving like 232.8 equally weighted positions to 121 — 48% fewer, while its top ten went from 14.87% to 19.73% of net assets. Read across the funds on the concentration-over-time table.

One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.

The 15 largest of 3,707 positions in DFSE's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: listed with the point-in-time files, available on request.

Share of DFSE's own investments by the issuer country the filer reported (incorporation, not revenue). Each country links to every fund that holds it.

Monthly total returns from Item B.5 of DFSE's own filings, 42 months on record. Not computed here and not from a price feed.

Cross-checked against a series computed separately from prices: median difference — percentage points over 0 months, which is roughly the distributions. Every month with the filing it came from: DFSE.json · all funds.

The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2026-07-31, $33m was out to 26 borrowers. The largest, MORGAN STANLEY & CO. INTERNATIONAL PLC, held 22% of it.

The filing reports no cash collateral position against this loan. Collateral taken in a form the fund does not hold as a position does not appear in N-PORT, so this is silence rather than absence. What the collateral figure can and cannot show. Every quarter DFSE has filed, with each borrower: DFSE.json · all funds.

4,208 positions became 4,223: 165 added (0.8% of the fund at the later date), 150 dropped (1.2% at the earlier date). Half the sum of all weight changes, a turnover proxy: 11.7%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of DFSE compared this way, as a feed: changes.xml · all funds: filings received.

New: KE Holdings Inc. (0.10%), ANGEL ONE LIMITED (0.07%), Hygon Information Technology Co Ltd (0.05%), Rasan Information Technology Company SCJSC (0.02%), INTEGRATED SERVICE TECHNOLOGY INC. (0.02%), ASPEN PHARMACARE HOLDINGS LIMITED (0.02%). Gone: Winbond Electronics Corporation (0.17%), ANGEL ONE LIMITED (0.06%), ZHEN DING TECHNOLOGY HOLDING LIMITED (0.06%), Indian Bank (0.05%), HARMONY GOLD MINING COMPANY LIMITED (0.05%), ZTE Corporation (0.05%).

97.9% of DFSE is carried at a quoted market price (fair-value level 1); 0.0% at level 3, priced from the filer's own inputs. Categories and levels are the filer's, from Form N-PORT; what a low level-1 share does and does not mean is in the measure's page.

A position count cannot describe a fund that uses derivatives, because a swap is filed at its unrealised gain, not its exposure. These are the notionals the fund itself reported, against net assets of $590M. Notional of an interest-rate or currency swap is not equity exposure.

Full detail for every fund that files derivatives: leverage.json (CC BY 4.0).

Every measured equity fund lined up by how many holdings it behaves like; these sit either side of DFSE (86.4). Same filings, same arithmetic. Position in this list says nothing about which fund is better.