FSLBX Holdings List

As of Mar 31, 2025

No.	Symbol	Name	% Weight	Shares
1	MCO	Moody's Corporation	8.70%	246,200
2	ICE	Intercontinental Exchange, Inc.	5.86%	447,600
3	SCHW	The Charles Schwab Corporation	5.34%	898,061
4	SPGI	S&P Global Inc.	5.32%	137,900
5	OWL	Blue Owl Capital Inc.	5.20%	3,420,100
6	KKR	KKR & Co. Inc.	5.06%	576,475
7	APO	Apollo Global Management, Inc.	4.98%	478,700
8	ARES	Ares Management Corporation	4.90%	440,000
9	AMP	Ameriprise Financial, Inc.	4.36%	118,700
10	BX	Blackstone Inc.	4.32%	406,800
11	LPLA	LPL Financial Holdings Inc.	3.42%	137,800
12	CME	CME Group Inc.	3.41%	169,400
13	BLK	BlackRock, Inc.	3.36%	46,800
14	RJF	Raymond James Financial, Inc.	2.99%	283,200
15	CG	The Carlyle Group Inc.	2.43%	735,700
16	IBKR	Interactive Brokers Group, Inc.	2.43%	193,100
17	MSCI	MSCI Inc.	2.42%	56,400
18	COIN	Coinbase Global, Inc.	2.41%	184,300
19	TW	Tradeweb Markets Inc.	2.36%	209,400
20	HOOD	Robinhood Markets, Inc.	2.28%	722,800
21	NDAQ	Nasdaq, Inc.	2.26%	392,500
22	CBOE	Cboe Global Markets, Inc.	2.20%	128,238
23	BGC	BGC Group, Inc.	1.99%	2,854,500
24	TPG	TPG Inc.	1.71%	473,800
25	MKTX	MarketAxess Holdings Inc.	1.51%	91,800
26	JEF	Jefferies Financial Group Inc.	1.41%	346,000
27	EVR	Evercore Inc.	1.20%	79,100
28	BAM	Brookfield Asset Management Ltd.	1.11%	301,900
29	HLI	Houlihan Lokey, Inc.	1.00%	81,600
30	LON: ICG	Intermediate Capital Group plc	1.00%	521,700
31	PJT	PJT Partners Inc.	0.84%	80,412
32	STEP	StepStone Group Inc.	0.80%	201,000
33	MC	Moelis & Company	0.48%	107,600
34	PAX	Patria Investments Limited	0.42%	486,172
35	n/a	Fidelity Cash Central Fund	0.35%	4,560,556
36	PX	P10, Inc.	0.16%	174,100
37	STO: EQT	EQT AB (publ)	0.07%	29,400
38	LPRO	Open Lending Corporation	0.04%	171,300
39	BRDG	Bridge Investment Group Holdings Inc.	0.00%	3,700
40	AMS: CVC	CVC Capital Partners plc	0.00%	913
41	n/a	Cash	-0.06%	0

As of Mar 31, 2025

Asset Allocation

Asset Class	% Weight
Stocks	99.71%
Cash	0.29%

Sector Breakdown

Sector	% Weight
Financials	99.55%
Information Technology	0.28%
Other	0.17%

Country Breakdown

Sector	% Weight
United States	98.72%
Cayman Islands	0.73%
United Kingdom	0.49%
Other	0.06%