NAEFX Holdings List

As of Mar 31, 2025

No.	Symbol	Name	% Weight	Shares
1	CWENA	Clearway Energy Inc	6.35%	550,000
2	BEPC	Brookfield Renewable Corporation	6.23%	550,000
3	HASI	HA Sustainable Infrastructure Capital, Inc.	6.23%	525,000
4	SIE	Siemens AG	6.09%	65,000
5	VIE	Veolia Environnement SA	5.93%	425,000
6	IBE	Iberdrola SA	5.90%	900,000
7	TRN	Trinity Industries, Inc.	4.70%	1,280,000
8	ENEL	Enel SpA	4.61%	1,400,000
9	ANA	Acciona SA	4.52%	85,000
10	IFT	Infratil Ltd	4.31%	1,800,000
11	BYDDY	BYD Company Limited	4.11%	100,000
12	INGXF	Innergex Renewable Energy Inc.	3.82%	1,000,000
13	LIGHT	Signify NV	2.86%	325,000
14	EDPR	EDP Renovaveis SA	2.83%	836,000
15	TT	Trane Technologies plc	2.39%	17,500
16	XIFR	XPLR Infrastructure, LP	1.93%	500,000
17	NPIFF	Northland Power Inc.	1.81%	325,000
18	ORSTED	Orsted AS	1.77%	100,000
19	HRNNF	Hydro One Limited	1.71%	125,000
20	JCI	Johnson Controls International plc	1.63%	50,000
21	AWK	American Water Works Company, Inc.	1.50%	25,000
22	OC	Owens Corning	1.45%	25,000
23	CARR	Carrier Global Corporation	1.29%	50,000
24	GEV	GE Vernova Inc.	1.24%	10,000
25	XYL	Xylem Inc.	1.21%	25,000
26	SU	Suncor Energy Inc.	1.17%	12,500
27	PCRHY	Panasonic Holdings Corporation	1.08%	225,000
28	ABBNY	ABB Ltd	1.06%	50,000
29	BRLXF	Boralex Inc.	1.02%	125,000
30	FSLR	First Solar, Inc.	0.90%	17,500
31	VWS	Vestas Wind Systems A/S	0.84%	150,000
32	EDP	EDP SA	0.82%	600,000
33	MNW	Manawa Energy Ltd	0.74%	650,000
34	SMSMY	Sims Limited	0.47%	125,000
35	NXT	Nextracker Inc.	0.43%	25,000
36	ENPH	Enphase Energy, Inc.	0.38%	15,000
37	CSIQ	Canadian Solar Inc.	0.35%	100,000
38	SFM	Sprouts Farmers Market, Inc.	0.31%	5,000
39	SMNNY	Shimano Inc.	0.29%	50,000
40	WCC	WESCO International, Inc.	0.16%	2,500
41	AMRC	Ameresco, Inc.	0.15%	30,000
42	MWA	Mueller Water Products, Inc.	0.10%	10,000
43	ARRY	Array Technologies, Inc.	0.10%	50,000
44	FLNC	Fluence Energy, Inc.	0.10%	50,000
45	n/a	ALTERNATIVES FEDERAL CREDIT UNION	0.08%	200,000
46	n/a	SELF HELP CREDIT UNION	0.04%	100,000

As of Mar 31, 2025

Asset Allocation

Asset Class	% Weight
Stocks	96.99%
Cash	2.89%
Other	0.12%

Sector Breakdown

Sector	% Weight
Utilities	75.29%
Industrials	14.04%
Other	5.79%
Financials	4.26%
Information Technology	0.56%
Consumer Discretionary	0.06%

Country Breakdown

Sector	% Weight
United States	39.93%
Spain	16.66%
Canada	14.42%
Denmark	6.70%
Bermuda	5.16%
United Kingdom	3.94%
Italy	3.81%
New Zealand	3.52%
Netherlands	2.62%
Ireland	1.68%
Germany	1.47%
Other	0.09%