NCAVX Holdings — Nuance Concentrated Value Fund
Data updated: 2026-09-28
NCAVX holds 32 securities. The top 10 make up 67.8% of net assets, led by Beiersdorf (11.65%) and Qiagen (11.03%). Consumer Staples (38.1%) and Health Care (24.8%) are the largest sectors, and 62.4% of the portfolio is in United States. No debt holdings are reported.
Holdings cover 99.08% of net asset value (98.79% of total assets; remainder is cash and receivables). As of July 31, 2026 · N-PORT.
NCAVX Portfolio Holdings
32 holdings of Nuance Concentrated Value Fund by percentage of net assets, from the fund's SEC N-PORT filing as of July 31, 2026.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Beiersdorf AG | BDRFY | Consumer Staples | 11.65% | $4.91M |
| Qiagen NV | QGEN | Health Care | 11.03% | $4.65M |
| Clorox Co/The | CLX | Consumer Staples | 10.24% | $4.32M |
| First American Government Obligations Fund | FGXXX | Funds & ETFs | 8.65% | $3.65M |
| California Water Service Group | CWT | Utilities | 5.72% | $2.41M |
| Kimberly-Clark Corp | KMB | Consumer Staples | 5.24% | $2.21M |
| Henkel AG & Co KGaA | HENKY | Consumer Staples | 4.78% | $2.02M |
| Kenvue Inc | KVUE | Consumer Staples | 4.75% | $2.00M |
| Solventum Corp | SOLV | Health Care | 3.01% | $1.27M |
| Lindsay Corp | LNN | Industrials | 2.70% | $1.14M |
| AptarGroup Inc | ATR | Materials | 2.53% | $1.07M |
| Bio-Techne Corp | TECH | Health Care | 2.47% | $1.04M |
| Accenture PLC | ACN | Information Technology | 2.45% | $1.03M |
| Thermo Fisher Scientific Inc | TMO | Health Care | 2.39% | $1.01M |
| Portland General Electric Co | POR | Utilities | 1.96% | $824.35K |
| Spirax Group PLC | SPXSY | Industrials | 1.78% | $751.85K |
| Danaher Corp | DHR | Health Care | 1.70% | $717.14K |
| United Utilities Group PLC | UUGRY | Utilities | 1.54% | $649.13K |
| Becton Dickinson & Co | BDX | Health Care | 1.50% | $630.85K |
| Severn Trent PLC | STRNY | Utilities | 1.48% | $625.60K |
| Henry Schein Inc | HSIC | Health Care | 1.47% | $617.66K |
| Avista Corp | AVA | Utilities | 1.42% | $598.94K |
| Everest Group Ltd | EG | Financials | 1.22% | $514.08K |
| NIKE Inc | NKE | Consumer Discretionary | 1.18% | $496.93K |
| Mission Produce Inc | AVO | Consumer Staples | 1.14% | $480.54K |
| Marten Transport Ltd | MRTN | Industrials | 0.99% | $419.07K |
| Middlesex Water Co | MSEX | Utilities | 0.81% | $342.94K |
| Werner Enterprises Inc | WERN | Industrials | 0.77% | $326.64K |
| Alexandria Real Estate Equities Inc | ARE | Real Estate | 0.73% | $308.19K |
| CNH Industrial NV | CNH | Industrials | 0.73% | $306.67K |
| Quest Diagnostics Inc | DGX | Health Care | 0.55% | $232.54K |
| Waters Corp | WAT | Health Care | 0.50% | $210.92K |
NCAVX Sector Allocation
Nuance Concentrated Value Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Consumer Staples | 38.1% | 6 |
| Health Care | 24.8% | 9 |
| Utilities | 13.0% | 6 |
| Funds & ETFs | 8.7% | 1 |
| Industrials | 7.0% | 5 |
| Materials | 2.6% | 1 |
| Information Technology | 2.5% | 1 |
| Financials | 1.2% | 1 |
| Consumer Discretionary | 1.2% | 1 |
| Real Estate | 0.7% | 1 |
NCAVX Country Allocation
Where Nuance Concentrated Value Fund's holdings are domiciled, by percentage of net assets (largest 6).
| Country | % of net assets |
|---|---|
| United States | 62.4% |
| Germany | 16.4% |
| Netherlands | 11.0% |
| United Kingdom | 5.5% |
| Ireland | 2.5% |
| Bermuda | 1.2% |
NCAVX Portfolio Allocation
Asset-class allocation of Nuance Concentrated Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 90.4% |
| Cash & Equivalents | 8.7% |
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.