AKAF Holdings — The Frontier Economic Fund
Data updated: 2026-07-29
AKAF holds 147 securities. The top 10 make up 19.4% of net assets, led by FedEx (2.18%) and SLB (2.15%). Industrials (35.1%) and Consumer Discretionary (18.0%) are the largest sectors, and 77.6% of the portfolio is in United States. No debt holdings are reported.
Holdings cover 99.85% of net asset value (99.83% of total assets; remainder is cash and receivables). As of May 31, 2026 · N-PORT.
AKAF Portfolio Holdings
147 holdings of The Frontier Economic Fund by percentage of net assets, from the fund's SEC N-PORT filing as of May 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 147.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| FedEx Corp | FDX | Industrials | 2.18% | $64.23K |
| SLB Ltd | SLB | Energy | 2.15% | $63.28K |
| ConocoPhillips | COP | Energy | 2.11% | $62.01K |
| Uber Technologies Inc | UBER | Industrials | 2.01% | $59.28K |
| Exxon Mobil Corp | XOM | Energy | 1.99% | $58.69K |
| DoorDash Inc | DASH | Consumer Discretionary | 1.98% | $58.14K |
| United Parcel Service Inc | UPS | Industrials | 1.89% | $55.69K |
| Royal Caribbean Cruises Ltd | RCL | Consumer Discretionary | 1.84% | $54.08K |
| Delta Air Lines Inc | DAL | Industrials | 1.63% | $47.84K |
| Repsol SA | REP | Energy | 1.60% | $46.94K |
| Santos Ltd | STO | Energy | 1.59% | $46.91K |
| Teck Resources Ltd | TECK | Materials | 1.51% | $44.39K |
| South32 Ltd | S32 | Materials | 1.48% | $43.62K |
| Halliburton Co | HAL | Energy | 1.48% | $43.55K |
| XPO Inc | XPO | Industrials | 1.43% | $42.21K |
| United Airlines Holdings Inc | UAL | Industrials | 1.39% | $40.98K |
| Nippon Yusen KK | 9101 | Industrials | 1.36% | $40.05K |
| Dsv A/s | DSV | Industrials | 1.36% | $39.96K |
| Baker Hughes Co | BKR | Energy | 1.35% | $39.61K |
| Carnival Corp Ltd | CCL | Consumer Discretionary | 1.21% | $35.61K |
| Kinross Gold Corp | K | Materials | 1.15% | $33.81K |
| Pantheon Resources PLC | PANR | Energy | 1.13% | $33.14K |
| Coeur Mining Inc | CDE | Materials | 1.06% | $31.28K |
| Northern Dynasty Minerals Ltd | NAK | Materials | 1.05% | $31.00K |
| Cisco Systems Inc | CSCO | Information Technology | 1.05% | $30.95K |
| Oracle Corp | ORCL | Information Technology | 1.05% | $30.93K |
| Hecla Mining Co | HL | Materials | 1.03% | $30.17K |
| ArcBest Corp | ARCB | Industrials | 0.93% | $27.34K |
| TFI International Inc | TFII | Industrials | 0.91% | $26.71K |
| International Business Machines Corp | IBM | Information Technology | 0.89% | $26.21K |
| Amazon.com Inc | AMZN | Consumer Discretionary | 0.88% | $25.98K |
| Northern Star Resources Ltd | NST | Materials | 0.88% | $25.86K |
| APA Corp | APA | Energy | 0.87% | $25.54K |
| Quanta Services Inc | PWR | Industrials | 0.85% | $24.91K |
| Alphabet Inc | GOOGL | Communication Services | 0.84% | $24.72K |
| CVS Health Corp | CVS | Health Care | 0.84% | $24.66K |
| Nabors Industries Ltd | NBR | Energy | 0.82% | $23.99K |
| Apple Inc | AAPL | Information Technology | 0.78% | $23.09K |
| Microsoft Corp | MSFT | Information Technology | 0.78% | $22.96K |
| American Airlines Group Inc | AAL | Industrials | 0.76% | $22.33K |
| Ryder System Inc | R | Consumer Discretionary | 0.76% | $22.33K |
| Marriott International Inc/MD | MAR | Consumer Discretionary | 0.75% | $22.16K |
| Matson Inc | MATX | Industrials | 0.75% | $21.94K |
| Air Canada | AC | Industrials | 0.74% | $21.82K |
| Kirby Corp | KEX | Industrials | 0.73% | $21.51K |
| Hilton Worldwide Holdings Inc | HLT | Consumer Discretionary | 0.72% | $21.30K |
| Trilogy Metals Inc | TMQ | Materials | 0.72% | $21.19K |
| Starbucks Corp | SBUX | Consumer Discretionary | 0.70% | $20.63K |
| Kawasaki Kisen Kaisha Ltd | 9107 | Industrials | 0.70% | $20.58K |
| General Motors Co | GM | Consumer Discretionary | 0.70% | $20.48K |
| General Dynamics Corp | GD | Industrials | 0.68% | $20.12K |
| Costco Wholesale Corp | COST | Consumer Staples | 0.68% | $20.08K |
| Boeing Co/The | BA | Industrials | 0.68% | $19.88K |
| Trane Technologies PLC | TT | Industrials | 0.67% | $19.86K |
| Honeywell International Inc | HON | Industrials | 0.67% | $19.74K |
| Coca-Cola Co/The | KO | Consumer Staples | 0.67% | $19.67K |
| Weatherford International PLC | WFRD | Industrials | 0.66% | $19.38K |
| Verizon Communications Inc | VZ | Communication Services | 0.65% | $19.27K |
| Walt Disney Co/The | DIS | Communication Services | 0.65% | $19.25K |
| Emerson Electric Co | EMR | Industrials | 0.65% | $19.13K |
| General Electric Co | GE | Industrials | 0.65% | $19.10K |
| ANA Holdings Inc | 9202 | Industrials | 0.64% | $18.77K |
| Cathay Pacific Airways Ltd | 293 | Industrials | 0.63% | $18.67K |
| Wells Fargo & Co | WFC | Financials | 0.63% | $18.45K |
| O'Reilly Automotive Inc | ORLY | Consumer Discretionary | 0.63% | $18.42K |
| Walmart Inc | WMT | Consumer Staples | 0.63% | $18.40K |
| Marsh & McLennan Cos Inc | MRSH | Financials | 0.61% | $17.92K |
| Alaska Air Group Inc | ALK | Industrials | 0.60% | $17.53K |
| MasTec Inc | MTZ | Industrials | 0.59% | $17.41K |
| PepsiCo Inc | PEP | Consumer Staples | 0.58% | $17.16K |
| First American Government Obligations Fund | FGXXX | Funds & ETFs | 0.58% | $17.12K |
| McDonald's Corp | MCD | Consumer Discretionary | 0.58% | $17.03K |
| Home Depot Inc/The | HD | Consumer Discretionary | 0.57% | $16.81K |
| Sherwin-Williams Co/The | SHW | Materials | 0.57% | $16.71K |
| Expro Group Holdings NV | XPRO | Energy | 0.57% | $16.70K |
| Best Buy Co Inc | BBY | Consumer Discretionary | 0.56% | $16.60K |
| Lockheed Martin Corp | LMT | Industrials | 0.56% | $16.44K |
| Ford Motor Co | F | Consumer Discretionary | 0.56% | $16.43K |
| SkyWest Inc | SKYW | Industrials | 0.54% | $16.02K |
| Northrop Grumman Corp | NOC | Industrials | 0.54% | $15.78K |
| Core Laboratories Inc | CLB | Energy | 0.53% | $15.61K |
| McKesson Corp | MCK | Health Care | 0.53% | $15.59K |
| Lowe's Cos Inc | LOW | Consumer Discretionary | 0.52% | $15.43K |
| Norwegian Cruise Line Holdings Ltd | NCLH | Industrials | 0.52% | $15.35K |
| United Rentals Inc | URI | Industrials | 0.51% | $14.94K |
| WW Grainger Inc | GWW | Industrials | 0.50% | $14.81K |
| HCA Healthcare Inc | HCA | Health Care | 0.50% | $14.76K |
| Target Corp | TGT | Consumer Staples | 0.50% | $14.74K |
| Novagold Resources Inc | NG | Materials | 0.50% | $14.72K |
| Iridium Communications Inc | IRDM | Communication Services | 0.49% | $14.50K |
| Airbnb Inc | ABNB | Consumer Discretionary | 0.48% | $14.26K |
| Booz Allen Hamilton Holding Corp | BAH | Industrials | 0.47% | $13.94K |
| Contango Silver & Gold Inc | CTGO | Materials | 0.47% | $13.90K |
| GoldMining Inc | GLDG | Industrials | 0.47% | $13.72K |
| KeyCorp | KEY | Financials | 0.46% | $13.59K |
| Fastenal Co | FAST | Industrials | 0.44% | $12.95K |
| Darden Restaurants Inc | DRI | Consumer Discretionary | 0.44% | $12.85K |
| Ameriprise Financial Inc | AMP | Financials | 0.42% | $12.48K |
| Republic Services Inc | RSG | Industrials | 0.42% | $12.23K |
| Labcorp Holdings Inc | LH | Health Care | 0.42% | $12.22K |
AKAF Sector Allocation
The Frontier Economic Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Industrials | 35.1% | 48 |
| Consumer Discretionary | 18.0% | 32 |
| Energy | 16.2% | 12 |
| Materials | 11.3% | 18 |
| Information Technology | 5.6% | 8 |
| Consumer Staples | 5.0% | 11 |
| Communication Services | 3.5% | 7 |
| Health Care | 2.4% | 5 |
| Financials | 2.4% | 5 |
| Funds & ETFs | 0.6% | 1 |
AKAF Country Allocation
Where The Frontier Economic Fund's holdings are domiciled, by percentage of net assets (largest 9).
| Country | % of net assets |
|---|---|
| United States | 77.6% |
| Canada | 9.4% |
| Australia | 4.5% |
| Japan | 3.0% |
| Spain | 1.6% |
| Denmark | 1.4% |
| United Kingdom | 1.1% |
| Ireland | 0.7% |
| Hong Kong SAR China | 0.6% |
AKAF Portfolio Allocation
Asset-class allocation of The Frontier Economic Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.3% |
| Cash & Equivalents | 0.6% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.