ATM Large Cap Managed Volatility Portfolio
U.S. stock index fund · tracks S&P 500 Index
As of its 2026 Q2 report, ATM Large Cap Managed Volatility Portfolio held 508 positions with $2.70B in net assets. Its ten largest holdings made up 33.8% of the fund. The fund costs 0.59% a year. Over the 12 months to May 2026, it returned 29.0%, with dividends reinvested. In 2026 Q2 it added 10 new positions and exited 8.
The Portfolio seeks to achieve long-term growth of capital with an emphasis on risk-adjusted returns and managing volatility in the Portfolio.
The fund allocates approximately 90% of its net assets to a passively managed portfolio tracking the S&P 500 Index, while the remaining portion uses futures and options to tactically adjust equity exposure based on quantitative volatility indicators. When volatility measures rise, the fund may reduce equity exposure through short positions or increased cash; when volatility declines, it may increase exposure back toward full equity allocation. The fund's use of derivatives involves leverage, as it participates in full contract values without investing the entire notional amount upfront.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp. | 6.77% | $183.01M | 914.6K | $200.09 |
AAPLApple, Inc. | 5.93% | $160.49M | 554.6K | $289.36 |
MSFTMicrosoft Corp. | 3.87% | $104.64M | 280.5K | $373.02 |
AMZNAmazon.com, Inc. | 3.26% | $88.10M | 369.7K | $238.34 |
GOOGLAlphabet, Inc. | 2.93% | $79.13M | 221.4K | $357.37 |
JIMXXJPMorgan Prime Money Market Fund | 2.68% | $72.45M | — | — |
AVGOBroadcom, Inc. | 2.50% | $67.51M | 178.7K | $377.75 |
GOOGAlphabet, Inc. | 2.33% | $63.06M | 178.5K | $353.33 |
1.82% | $49.16M | 42.6K | $1,154.29 | |
1.73% | $46.71M | 82.9K | $563.29 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 508 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 89.99% |
| Cash & short-term | 2.75% |
| Derivatives | 0.01% |
These positions come to 92.75% of net assets. Not everything a fund owns is reported as a holding — uninvested cash is collected at fund level instead — so the total is not expected to reach 100%.
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 36.4%
- Financials
- 11.2%
- Communication Services
- 9.4%
- Consumer Discretionary
- 9.0%
- 10 other sectors
- 34.1%
- Information Technology
- 36.4%
- Financials
- 11.2%
- Communication Services
- 9.4%
- Consumer Discretionary
- 9.0%
- Health Care
- 8.4%
- Industrials
- 8.1%
- Consumer Staples
- 4.4%
- Cash
- 3.0%
- Energy
- 2.9%
- Utilities
- 2.1%
- International
- 2.0%
- Real Estate
- 1.8%
- Materials
- 1.4%
- Other
- 0.0%
How it has done
C000104215 share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.15%. Past returns are a record, not a forecast.
Jun 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.
Fees & fund details
ATM Large Cap Managed Volatility Portfolio is a U.S. equity index fund that tracks the S&P 500 Index. 21% of ATM Large Cap Managed Volatility Portfolio’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.59%
- Portfolio turnover
- 2.00% a year · as of 2025 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
10 new· the largest 8
8 exited
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