CNREX Holdings List

As of Mar 31, 2025

No.	Symbol	Name	% Weight	Shares
1	TGLS	Tecnoglass Inc.	9.18%	19,634
2	LII	Lennox International Inc.	6.23%	1,700
3	IHG	InterContinental Hotels Group PLC	4.37%	6,103
4	IRM	Iron Mountain Incorporated	4.05%	7,200
5	LOW	Lowe's Companies, Inc.	3.96%	2,600
6	JHX	James Hardie Industries plc	3.85%	25,000
7	AMT	American Tower Corporation	3.56%	2,500
8	DHI	D.R. Horton, Inc.	3.32%	4,000
9	ASR	Grupo Aeroportuario del Sureste, S. A. B. de C. V.	3.22%	1,800
10	DLR	Digital Realty Trust, Inc.	3.15%	3,368
11	HASI	HA Sustainable Infrastructure Capital, Inc.	2.90%	15,200
12	SBAC	SBA Communications Corporation	2.88%	2,000
13	AVB	AvalonBay Communities, Inc.	2.81%	2,000
14	GOIXX	Federated Government Obligations Fund	2.61%	398,646
15	T 3.375 05.15.33	United States Treasury Notes 3.375%	2.47%	400,000
16	EXR	Extra Space Storage Inc.	2.43%	2,500
17	LEN	Lennar Corporation	2.40%	3,200
18	NVR	NVR, Inc.	2.37%	50
19	TTNDY	Techtronic Industries Company Limited	2.16%	5,500
20	n/a	Federal Home Loan Banks 0.5%	1.96%	300,000
21	WPC	W. P. Carey Inc.	1.84%	4,470
22	RWT	Redwood Trust, Inc.	1.59%	40,000
23	KAJMY	Kajima Corporation	1.59%	11,900
24	LADR	Ladder Capital Corp	1.49%	20,000
25	PLD	Prologis, Inc.	1.46%	2,000
26	CRH	CRH plc	1.44%	2,500
27	RHP	Ryman Hospitality Properties, Inc.	1.43%	2,400
28	STAG	STAG Industrial, Inc.	1.42%	6,000
29	CCI	Crown Castle Inc.	1.36%	2,000
30	KRG	Kite Realty Group Trust	1.32%	9,000
31	T 2.875 05.31.25	United States Treasury Notes 2.875%	1.30%	200,000
32	SELF	Global Self Storage, Inc.	1.28%	39,000
33	HARL	Harleysville Financial Corp	1.25%	8,675
34	CYRBY	Cyrela Brazil Realty S.A. Empreendimentos e Participações	1.21%	44,000
35	NNN	NNN REIT, Inc.	1.11%	4,000
36	FNMA 0.875 08.05.30	Federal National Mortgage Association 0.875%	1.11%	200,000
37	CX	CEMEX, S.A.B. de C.V.	1.10%	30,000
38	ASX: CQE	Charter Hall Social Infrastructure REIT	1.10%	99,140
39	SPG	Simon Property Group, Inc.	1.09%	1,000
40	EQIX	Equinix, Inc.	1.07%	200
41	STWD	Starwood Property Trust, Inc.	1.03%	8,000
42	PCH	PotlatchDeltic Corporation	0.88%	3,000
43	LND	BrasilAgro - Companhia Brasileira de Propriedades Agrícolas	0.71%	27,432
44	LAND	Gladstone Land Corporation	0.67%	9,700
45	MRP	Millrose Properties, Inc.	0.28%	1,600

As of Mar 31, 2025

Asset Allocation

Asset Class	% Weight
Stocks	90.55%
Cash	5.87%
Bond	3.58%

Sector Breakdown

Sector	% Weight
Real Estate	50.32%
Other	20.63%
Consumer Discretionary	11.84%
Industrials	8.21%
Financials	7.17%
Materials	1.83%

Country Breakdown

Sector	% Weight
United States	93.57%
Colombia	4.82%
Australia	1.61%