Fund · iShares Morningstar Small-Cap Growth ETF · measured from SEC filings
ISCG holdings
ISCG reports 929 holdings and behaves like 490.5 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-07-31. The fact sheet publishes the first number; this page computes the second, and traces it across 27 quarters of filings.
Measured concentration
as of 2026-07-31Read this figure with the following in mind
9.7% of net assets is securities-lending cash collateral, excluded from the figure; counted as filed the fund would read 87.6
The figure below is what the filing says, published unchanged. What it may not do is sit beside a plain long-only fund and be read as the same quantity. How comparability is decided.
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: 100% at a quoted market price (level 1), 12 issuer countries.
What stands out
as of 2026-07-31ISCG's largest investment is Lumentum Holdings Inc at 2.14% of net assets. ATI Inc and ITT Inc follow; the three together are 3.46%. Ten companies are 5.62% of the fund; the other 919 share the rest. Among the 721 equity funds measured here, ISCG behaves like 490.5 holdings against a median of 42.4 — 11.6 times the median. Across 27 quarterly filings ISCG has become less concentrated: it behaved like 190.1 at 2019-10-31 and 387.2 at 2026-04-30. Between the 2026-01-31 and 2026-04-30 filings 4 positions were added and 21 dropped; 10.7% of the weight moved.
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.
Every filing since 2019
27Between 2019-10-31 and 2026-04-30, ISCG went from behaving like 190.1 equally weighted positions to 387.2 — 104% more, while its top ten went from 9.71% to 7.46% of net assets. Read across the funds on the concentration-over-time table.
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2026-04-30 | 957 | 387.2 | 7.46% | 2.14% |
| 2026-01-31 | 973 | 470.6 | 5.69% | 0.94% |
| 2025-10-31 | 939 | 392.1 | 8.01% | 0.98% |
| 2025-07-31 | 944 | 445 | 5.91% | 0.7% |
| 2025-04-30 | 960 | 454.3 | 5.64% | 0.67% |
| 2025-01-31 | 975 | 480.5 | 5.13% | 0.66% |
| 2024-10-31 | 994 | 460.9 | 5.56% | 0.67% |
| 2024-07-31 | 1,002 | 492.3 | 4.88% | 0.54% |
Earlier filings (19 more, back to 2019-10-31)
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2024-04-30 | 1,000 | 474.5 | 5.57% | 0.75% |
| 2024-01-31 | 1,011 | 506.1 | 4.7% | 0.53% |
| 2023-10-31 | 1,081 | 504.4 | 5.33% | 0.82% |
| 2023-07-31 | 1,095 | 548.8 | 4.76% | 0.6% |
| 2023-04-30 | 1,122 | 532.8 | 5.26% | 0.64% |
| 2023-01-31 | 1,136 | 584.8 | 4.53% | 0.58% |
| 2022-10-31 | 1,184 | 588.1 | 4.65% | 0.64% |
| 2022-07-31 | 1,200 | 592.4 | 4.37% | 0.55% |
| 2022-04-30 | 1,164 | 543.2 | 4.81% | 0.55% |
| 2022-01-31 | 1,179 | 583.3 | 4.43% | 0.5% |
| 2021-10-31 | 1,279 | 580.9 | 4.77% | 0.61% |
| 2021-07-31 | 1,293 | 611.5 | 4.1% | 0.48% |
| 2021-04-30 | 1,049 | 529.6 | 5.31% | 0.79% |
| 2021-01-31 | 230 | 160.7 | 12.23% | 3.31% |
| 2020-10-31 | 236 | 148.9 | 14.83% | 3.39% |
| 2020-07-31 | 238 | 167.1 | 12.63% | 2.8% |
| 2020-04-30 | 229 | 174.1 | 10.75% | 1.96% |
| 2020-01-31 | 228 | 188.2 | 8.89% | 1.09% |
| 2019-10-31 | 247 | 190.1 | 9.71% | 1.95% |
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.
As filed, collateral included
9.68% collateralISCG's filing lists 930 positions including 9.68% of net assets in securities-lending cash collateral. Counted as filed the fund reads 87.6 effective holdings with a top ten of 14.84%; on its own investments — the figure above — it reads 490.5 with a top ten of 5.62%. The collateral is matched by a liability and is not a holding the fund chose; since 2026-09-18 every figure on this site sets it aside (methodology). Both numbers are in the data.
Largest positions, as filed
as of 2026-04-30The 15 largest of 929 positions in ISCG's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: ISCG.csv.gz.
| # | Position | Weight | Cumulative |
|---|---|---|---|
| 1 | Lumentum Holdings, Inc. | 2.14% | 2.1% |
| 2 | ATI, Inc. | 0.70% | 2.8% |
| 3 | ITT, Inc. | 0.62% | 3.5% |
| 4 | RBC Bearings, Inc. | 0.62% | 4.1% |
| 5 | Revolution Medicines, Inc. | 0.60% | 4.7% |
| 6 | MACOM Technology Solutions Holdings, Inc. | 0.59% | 5.3% |
| 7 | API Group Corp. | 0.58% | 5.8% |
| 8 | Lattice Semiconductor Corp. | 0.56% | 6.4% |
| 9 | Clean Harbors, Inc. | 0.53% | 6.9% |
| 10 | Sterling Infrastructure, Inc. | 0.52% | 7.5% |
| 11 | Generac Holdings, Inc. | 0.52% | 8.0% |
| 12 | Mueller Industries, Inc. | 0.50% | 8.5% |
| 13 | Nordson Corp. | 0.50% | 9.0% |
| 14 | Roku, Inc. | 0.50% | 9.5% |
| 15 | TTM Technologies, Inc. | 0.50% | 10.0% |
By country of issuer
as of 2026-04-30Share of ISCG's own investments by the issuer country the filer reported (incorporation, not revenue). Each country links to every fund that holds it.
| Country | Share |
|---|---|
| United States | 96.86% |
| Bermuda° | 1.06% |
| Switzerland | 0.30% |
| Ireland° | 0.26% |
| Cayman Islands° | 0.24% |
| Canada | 0.23% |
| Israel | 0.19% |
| Puerto Rico° | 0.17% |
Returns the fund reported
2019-08 – 2026-04Monthly total returns from Item B.5 of ISCG's own filings, 81 months on record. Not computed here and not from a price feed.
Cross-checked against a series computed separately from prices: median difference 0.11 percentage points over 81 months, which is roughly the distributions. Every month with the filing it came from: ISCG.json · all funds.
Who borrows ISCG's shares
2026-07-31The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2026-07-31, $95m was out to 29 borrowers. The largest, JP MORGAN SECURITIES LLC, held 23.1% of it.
| Borrower | On loan | Share of the loan |
|---|---|---|
| JP MORGAN SECURITIES LLC | $22m | 23.1% |
| MORGAN STANLEY & CO LLC | $10m | 10.7% |
| BNP PARIBAS PRIME BROKERAGE INTERNATIONAL LIMITED | $10m | 10.5% |
| GOLDMAN SACHS INTERNATIONAL | $9m | 9.6% |
| UBS AG | $6m | 5.9% |
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 ISCG has filed, with each borrower: ISCG.json · all funds.
Since the previous filing
2026-01-31 → 2026-04-30971 positions became 954: 4 added (0.2% of the fund at the later date), 21 dropped (2.4% at the earlier date). Half the sum of all weight changes, a turnover proxy: 10.7%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of ISCG compared this way, as a feed: changes.xml · all funds: filings received.
| Largest increases | 2026-01-31 | 2026-04-30 | Largest decreases | 2026-01-31 | 2026-04-30 |
|---|---|---|---|---|---|
| Lumentum Holdings, Inc. | 0.94% | 2.14% | Kratos Defense & Security Solutions, Inc. | 0.59% | 0.38% |
| Revolution Medicines, Inc. | 0.34% | 0.60% | Celsius Holdings, Inc. | 0.30% | 0.18% |
| Applied Optoelectronics, Inc. | 0.10% | 0.34% | Wingstop, Inc. | 0.26% | 0.15% |
| Viavi Solutions, Inc. | 0.18% | 0.36% | Guardant Health, Inc. | 0.46% | 0.37% |
| Lattice Semiconductor Corp. | 0.39% | 0.56% | Domino's Pizza, Inc. | 0.45% | 0.36% |
| TTM Technologies, Inc. | 0.32% | 0.50% | Blue Owl Capital, Inc. | 0.30% | 0.20% |
New: Piper Sandler Cos. (0.18%), Strive, Inc. (0.02%), Ramaco Resources, Inc. (0.00%), Arcellx, Inc. (0.00%). Gone: Exact Sciences Corp. (0.43%), Dayforce, Inc. (0.38%), Confluent, Inc. (0.30%), Avidity Biosciences, Inc. (0.30%), Piper Sandler Cos. (0.19%), Amicus Therapeutics, Inc. (0.13%).
Asset categories and pricing
as of 2026-07-3191.03% equity, 8.96% short-term investment as filed; 100.0% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.
Derivative exposure and counterparties
as of 2026-04-30A 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 $947M. 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).
Neighbours by effective holdings, equity funds
10Every measured equity fund lined up by how many holdings it behaves like; these sit either side of ISCG (490.5). Same filings, same arithmetic. Position in this list says nothing about which fund is better.
| Fund | Reports | Behaves like | Top ten | As of |
|---|---|---|---|---|
| DISV Dimensional International Small Cap Value ETF | 1,632 | 438.1 | 6.55% | 2026-07-31 |
| JHMM John Hancock Multifactor Mid Cap ETF | 663 | 445.6 | 6.07% | 2026-06-30 |
| VTWV Vanguard Russell 2000 Value Index Fund | 1,428 | 447.5 | 6.92% | 2026-05-31 |
| CFA VictoryShares US 500 Volatility Wtd ETF | 501 | 448.8 | 3.93% | 2026-06-30 |
| VBR Vanguard Small-Cap Value Index Fund | 842 | 457.7 | 5.88% | 2026-06-30 |
| EUSA iShares MSCI USA Equal Weighted ETF | 540 | 494.2 | 4.47% | 2026-05-31 |
| AVDE Avantis International Equity ETF | 3,302 | 496.8 | 7.08% | 2026-05-31 |
| RSP Invesco S&P 500 Equal Weight ETF | 505 | 496.9 | 2.55% | 2026-07-31 |
| SIZE iShares MSCI USA Size Factor ETF | 529 | 512 | 2.86% | 2026-07-31 |
| VTWO Vanguard Russell 2000 Index Fund | 1,954 | 513.7 | 7.78% | 2026-05-31 |
Essays that examine ISCG
0Mentions are detected across the full text of every article, so an appearance may be a passing comparison rather than the subject. Nothing here is a recommendation to buy or sell — see the disclaimer.