SMLF 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: 99.95% at a quoted market price (level 1), 19 issuer countries.

SMLF's largest investment is Emcor Group Inc at 1.33% of net assets. BlackRock Cash Funds: Treasury, SL Agency Shares and Jabil Inc follow; the three together are 3.16%. Ten companies are 7.57% of the fund; the other 900 share the rest. Among the 721 equity funds measured here, SMLF behaves like 418.6 holdings against a median of 42.4 — 9.9 times the median. Across 27 quarterly filings SMLF has become less concentrated: it behaved like 233.6 at 2019-10-31 and 399.8 at 2026-04-30. Between the 2026-01-31 and 2026-04-30 filings 79 positions were added and 28 dropped; 13.0% 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.

Between 2019-10-31 and 2026-04-30, SMLF went from behaving like 233.6 equally weighted positions to 399.8 — 71% more, while its top ten went from 10.67% to 8.04% 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.

SMLF's filing lists 911 positions including 6.03% of net assets in securities-lending cash collateral. Counted as filed the fund reads 166 effective holdings with a top ten of 12.99%; on its own investments — the figure above — it reads 418.6 with a top ten of 7.57%. 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.

The 15 largest of 910 positions in SMLF's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: SMLF.csv.gz.

Share of SMLF'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 SMLF'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 0.10 percentage points over 81 months, which is roughly the distributions. Every month with the filing it came from: SMLF.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, $241m was out to 29 borrowers. The largest, JP MORGAN SECURITIES LLC, held 23.3% 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 SMLF has filed, with each borrower: SMLF.json · all funds.

840 positions became 891: 79 added (4.0% of the fund at the later date), 28 dropped (6.2% at the earlier date). Half the sum of all weight changes, a turnover proxy: 13.0%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of SMLF compared this way, as a feed: changes.xml · all funds: filings received.

New: Piper Sandler Cos. (0.27%), Huntington Ingalls Industries, Inc. (0.19%), Versant Media Group, Inc. (0.15%), Maplebear, Inc. (0.15%), Skyworks Solutions, Inc. (0.14%), DocuSign, Inc. (0.13%). Gone: Sandisk Corp. (1.48%), Comfort Systems USA, Inc. (0.82%), Rocket Lab Corp. (0.55%), Ciena Corp. (0.40%), Lumentum Holdings, Inc. (0.36%), Coherent Corp. (0.35%).

100.0% of SMLF is carried at a quoted market price (fair-value level 1). 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 $3.63B. Notional of an interest-rate or currency swap is not equity exposure.

Financing leg as filed: the fund pays OBFR01 + 0.388% on $25M of long swap notional . Issuers fill the spread field differently (some file the all-in rate), so compare within an issuer, not across.

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 SMLF (418.6). Same filings, same arithmetic. Position in this list says nothing about which fund is better.