U.S. Equity Fund-I Series
Data last refreshed: 3/5/2026, 3:00:45 AM
Fund Overview: Objective, Strategy and Holdings
- Earn long-term capital appreciation from a broadly diversified portfolio of primarily U.S. stocks.
- Holds limited partnership interests in private investments (venture capital, buyouts, etc.) of U.S. companies.
- Holds equity index futures of U.S. stock indexes.
Fund Managers
Frank Holsteen
Hoa Quach, CFA
Andrew Steedman, CFA
Associate, Public Equities
- With Wespath since 2022
- B.A. from Denison University
Amy Bulger
Holdings-Based Style Allocations as of December 31, 2025
| Style | USEF-I (%) | USEF-I Benchmark (%) | Difference (%) |
|---|---|---|---|
| Mega Cap | 36.9 | 53.1 | -16.2 |
| Large Cap Core | 7.0 | 9.0 | -2.0 |
| Large Cap Growth | 6.3 | 4.7 | 1.6 |
| Large Cap Value | 9.9 | 9.8 | 0.1 |
| Mid Cap Core | 5.0 | 4.6 | 0.4 |
| Mid Cap Growth | 2.9 | 2.9 | 0.0 |
| Mid Cap Value | 15.6 | 11.5 | 4.1 |
| Small Cap Core | 2.4 | 1.2 | 1.2 |
| Small Cap Growth | 3.2 | 1.7 | 1.5 |
| Small Cap Value | 1.8 | 1.5 | 0.3 |
| Cash | 2.1 | 0.0 | 2.1 |
| Unassigned | 0.1 | 0.0 | 0.1 |
| Alternatives | 6.8 | 0.0 | 6.8 |
Fund Characteristics as of December 31, 2025
| Characteristics | USEF-I | USEF-I Benchmark |
|---|---|---|
| Wgt. Mkt. Cap ($MM) | $956,269 | $1,262,927 |
| Price/Earnings | 25.34 | 26.99 |
| Price to Book | 3.92 | 4.83 |
| Dividend Yield*** (%) | 1.16 | 1.14 |
Sector Weightings as of December 31, 2025
| USEF-I (%) | USEF-I Benchmark (%) | col_2 |
|---|---|---|
| Communication Services | 7.7 | 10.0 |
| Consumer Discretionary | 9.3 | 10.3 |
| Consumer Staples | 3.9 | 4.5 |
| Energy | 3.8 | 2.9 |
| Financials | 11.8 | 13.8 |
| Health Care | 8.9 | 10.1 |
| Industrials | 8.4 | 9.4 |
| Information Technology | 31.0 | 31.9 |
| Materials | 2.4 | 2.1 |
| Real Estate | 1.2 | 2.2 |
| Utilities | 1.6 | 2.2 |
| Alternatives | 6.8 | 0.0 |
| Cash | 2.2 | 0.0 |
| Unassigned | 1.0 | 0.6 |
Fund Statistics as of December 31, 2025
| Characteristics | USEF-I | USEF-I Benchmark |
|---|---|---|
| Characteristics | USEF-I | USEF-I Benchmark |
| Beta | 0.99 | 1.00 |
| R-Squared | 0.97 | 1.00 |
Top 10 Stock Holdings as of December 31, 2025
| Company | Fund % | % of USEF Benchmark |
|---|---|---|
| NVIDIA Corporation | 4.43% | 6.66% |
| Microsoft Corporation | 3.85% | 5.47% |
| Apple Inc. | 3.74% | 6.04% |
| Alphabet Inc. | 3.73% | 5.04% |
| Amazon.com, Inc. | 2.55% | 3.38% |
| Broadcom Inc. | 1.61% | 2.44% |
| Meta Platforms Inc Class A | 1.37% | 2.20% |
| JPMorgan Chase & Co. | 1.07% | 1.33% |
| Tesla, Inc. | 1.06% | 1.94% |
| Salesforce, Inc. | 0.81% | 0.38% |