Marquette Asset Management, LLC

The portfolio consists of 698 total holdings, indicating a high level of diversification. Despite the large number of positions, the portfolio is heavily concentrated in its top assets. The top 10 holdings alone account for approximately 84% of the total portfolio value, with the top three positions comprising nearly 45% of the AUM. This "barbell" structure—highly concentrated at the top but with a long tail of smaller positions—suggests a core-satellite approach where the manager relies on a few key vehicles for primary market exposure while maintaining smaller, tactical positions elsewhere.

2. Key Holdings