ELFNX Holdings List

As of May 31, 2025

No.	Symbol	Name	% Weight	Shares
1	MSFT	Microsoft Corporation	8.94%	807,235
2	NVDA	NVIDIA Corporation	8.56%	2,632,700
3	AAPL	Apple Inc.	5.71%	1,181,000
4	AMZN	Amazon.com, Inc.	5.55%	1,124,900
5	META	Meta Platforms, Inc.	4.76%	305,292
6	AVGO	Broadcom Inc.	3.77%	646,300
7	GOOG	Alphabet Inc.	3.25%	781,200
8	V	Visa Inc.	2.54%	289,400
9	JPM	JPMorgan Chase & Co.	2.53%	398,921
10	GOOGL	Alphabet Inc.	2.26%	547,700
11	LLY	Eli Lilly and Company	2.19%	123,100
12	JNJ	Johnson & Johnson	2.11%	564,228
13	HD	The Home Depot, Inc.	2.07%	233,700
14	EMR	Emerson Electric Co.	2.05%	711,800
15	AMT	American Tower Corporation	1.97%	381,529
16	XOM	Exxon Mobil Corporation	1.83%	742,837
17	BAC	Bank of America Corporation	1.81%	1,703,400
18	ETN	Eaton Corporation plc	1.80%	233,000
19	SPGI	S&P Global Inc.	1.73%	140,500
20	UBER	Uber Technologies, Inc.	1.73%	856,000
21	KVUE	Kenvue Inc.	1.66%	2,890,086
22	ADBE	Adobe Inc.	1.65%	165,400
23	CB	Chubb Limited	1.64%	228,700
24	ABT	Abbott Laboratories	1.61%	501,500
25	TMO	Thermo Fisher Scientific Inc.	1.61%	165,700
26	PH	Parker-Hannifin Corporation	1.61%	100,400
27	CRM	Salesforce, Inc.	1.58%	246,649
28	LIN	Linde plc	1.57%	139,200
29	URI	United Rentals, Inc.	1.53%	89,767
30	CMS	CMS Energy Corporation	1.53%	902,300
31	GS	The Goldman Sachs Group, Inc.	1.41%	97,300
32	WM	Waste Management, Inc.	1.37%	235,800
33	MLM	Martin Marietta Materials, Inc.	1.36%	103,100
34	AMAT	Applied Materials, Inc.	1.33%	352,400
35	VRTX	Vertex Pharmaceuticals Incorporated	1.31%	122,742
36	TRIXX	State Street Treasury Fund	1.26%	52,303,639
37	SNPS	Synopsys, Inc.	1.20%	107,500
38	TTEK	Tetra Tech, Inc.	1.17%	1,388,298
39	NOW	ServiceNow, Inc.	1.17%	47,900
40	GVVXX	State Street U.S. Government Money Market Portfolio	1.15%	47,818,636
41	COP	ConocoPhillips	1.14%	555,700
42	AWK	American Water Works Company, Inc.	1.03%	299,100
43	MRK	Merck & Co., Inc.	1.00%	538,076
44	MA	Mastercard Incorporated	0.98%	69,500

As of May 31, 2025

Asset Allocation

Asset Class	% Weight
Stocks	97.73%
Cash	2.27%

Sector Breakdown

Sector	% Weight
Information Technology	29.61%
Health Care	17.79%
Financials	11.12%
Consumer Discretionary	8.76%
Industrials	7.87%
Other	6.91%
Energy	5.12%
Communication Services	4.38%
Utilities	2.56%
Consumer Staples	2.27%
Real Estate	2.25%
Materials	1.36%

Country Breakdown

Sector	% Weight
United States	97.41%
Switzerland	2.59%