Six Circles Managed Equity Portfolio U.S. Unconstrained Fund

SIX CIRCLES TRUST · Series S000063724 · 1 share classes

Equity fund · 98% stocks· rate + credit risk filed
One fund, 1 share classes:CMEUX
$27.78B NAV
628 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q2

The Fund seeks to provide capital appreciation.

Strategy · summarised

The fund's adviser allocates assets among U.S. equity indexes and individual large-cap securities, with BlackRock as sub-adviser executing day-to-day investment decisions to replicate the performance of selected indexes or individual securities. The fund is non-diversified and may concentrate holdings in fewer issuers. Because the fund samples indexes rather than holding all constituents, its performance may diverge from the indexes it tracks.

Expenses
0.06%one share class
Share classGrossNet
CMEUX0.27%0.06%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 24.86% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.90%
of net assets
Stocks98.00%
Real assets1.41%
Derivatives0.49%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 12 new74 exited

Largest new: F/C S&P500 EMINI FUT JUN26, LITE, COHR, AMCR, RVMD, CDE, IREN, FTAI

Largest exited: F/C S&P500 EMINI FUT MAR26, F/C NASD100 MICRO EMINMAR26, NTNX, DOCU, AMCOR PLC, F/C XAK TECHNOLOGY MAR26, DT, TLN

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31

Avg coupon
Avg maturity
Flagged holdings
Defaulted: not reported
In arrears: not reported
Paid in kind: not reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q1

Interest-rate duration
0.00 yr
approx. move per 100bp
Credit-spread duration
Not disclosed

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CORPNVDA7.86%$2.18B
APPLE INCAAPL6.86%$1.91B
MICROSOFT CORPMSFT5.95%$1.65B
AMAZON.COM INCAMZN4.17%$1.16B
BROADCOM INCAVGO3.02%$838.68M
ALPHABET INC-CL AGOOGL2.97%$824.15M
WALMART INCWMT2.57%$712.82M
ALPHABET INC-CL CGOOG2.51%$696.63M
META PLATFORMS INC-CLASS AMETA2.33%$647.07M
ELI LILLY & COLLY1.72%$477.29M
Showing 10 of 628Sign in to see more

Top 10 positions are 39.94% of net assets, top 25 55.92%, across 628 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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