Diversified Equity Alpha Master Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, Diversified Equity Alpha Master Portfolio held 2,767 positions with $2.80B in net assets. Its ten largest holdings made up 38.4% of the fund. Over the 12 months to May 2026, it returned 29.8%, with dividends reinvested. In 2026 Q2 it added 549 new positions and exited 383.
Diversified Equity Alpha Master Portfolio is actively managed U.S. equity fund.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | 10.49% | $294.32M | — | — |
BlackRock Funds III | 7.44% | $208.62M | — | — |
Citibank NA | 5.53% | $155.19M | — | — |
NVDANVIDIA Corp | 2.88% | $80.90M | 404.3K | $200.09 |
AAPLApple Inc | 2.51% | $70.34M | 243.1K | $289.36 |
GOLDMAN SACHS INTERNATIONAL | 2.24% | $62.92M | — | — |
Taiwan Semiconductor Manufacturing Co Ltd | 2.16% | $60.67M | 769.0K | $78.89 |
MERRILL LYNCH INTERNATIONAL | 1.87% | $52.45M | — | — |
MSFTMicrosoft Corp | 1.71% | $47.83M | 128.2K | $373.02 |
AMZNAmazon.com Inc | 1.55% | $43.50M | 182.5K | $238.34 |
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 2,767 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 | 88.40% |
| Cash & short-term | 17.93% |
| Derivatives | 10.31% |
| Other | 0.00% |
These positions come to 116.64% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Derivatives are shown at market value, not notional exposure.
By sector
- International
- 19.3%
- Information Technology
- 16.4%
- Cash
- 15.4%
- Other
- 8.7%
- 11 other sectors
- 40.2%
- International
- 19.3%
- Information Technology
- 16.4%
- Cash
- 15.4%
- Other
- 8.7%
- Financials
- 8.4%
- Industrials
- 7.9%
- Health Care
- 7.0%
- Consumer Discretionary
- 5.3%
- Communication Services
- 3.8%
- Energy
- 2.2%
- Consumer Staples
- 1.5%
- Real Estate
- 1.5%
- Materials
- 1.3%
- Utilities
- 1.2%
- Government
- 0.0%
How it has done
C000012004 share class · total returns with dividends reinvested
Volatility over the last 12 months: 12.35%. 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
Diversified Equity Alpha Master Portfolio is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Master-feeder
This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.
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.
549 new· the largest 8
383 exited· the largest 8
Understand how this fund fits with the rest.
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