Holdings of Active M Emerging Markets Equity Fund
Northern Funds ·130 declared positions · as of Mar 31, 2026
Original filing · Net assets 193.2M $ · Ten largest lines: 34.1 % of the equity sleeve
Sector breakdown
- Technology 24.4 %
- Financials 4.8 %
- Communication 3.9 %
- Real estate 3.0 %
- Consumer discretionary 2.5 %
- Industrials 2.0 %
- Materials 1.2 %
- Funds 1.0 %
- Health care 0.2 %
- Energy 0.1 %
- Unattributed 56.8 %
Titelia classification, company by company. The unattributed share stays visible.
Currency breakdown
- TWD 17.6 %
- KRW 16.4 %
- USD 15.3 %
- HKD 12.0 %
- INR 9.0 %
- ZAR 6.0 %
- CNY 4.4 %
- IDR 2.9 %
- BRL 2.9 %
- MXN 2.8 %
- AED 2.3 %
- EUR 1.8 %
- SAR 1.5 %
- TRY 1.3 %
- HUF 1.2 %
- EGP 0.7 %
- JPY 0.5 %
- MYR 0.5 %
- GBP 0.5 %
- PHP 0.3 %
- THB 0.2 %
The quoted currency of each line, as declared.
Country breakdown
- TW 17.6 %
- KR 16.4 %
- HK 10.1 %
- IN 9.0 %
- ZA 6.0 %
- CN 5.6 %
- MX 5.0 %
- BR 5.0 %
- US 3.7 %
- BM 3.0 %
- ID 2.9 %
- AE 2.3 %
- Other countries 13.3 %
Shares computed on the equity sleeve.
| Rank | Country | Lines | Value | Share |
|---|---|---|---|---|
| 1 | TW | 13 | 32.6M $ | 17.58 % |
| 2 | KR | 13 | 30.4M $ | 16.38 % |
| 3 | HK | 16 | 18.8M $ | 10.13 % |
| 4 | IN | 17 | 16.7M $ | 9.01 % |
| 5 | ZA | 9 | 11.2M $ | 6.02 % |
| 6 | CN | 14 | 10.5M $ | 5.65 % |
| 7 | MX | 4 | 9.2M $ | 4.96 % |
| 8 | BR | 9 | 9.2M $ | 4.95 % |
| 9 | US | 6 | 7M $ | 3.75 % |
| 10 | BM | 2 | 5.6M $ | 3.04 % |
| 11 | ID | 3 | 5.4M $ | 2.91 % |
| 12 | AE | 2 | 4.3M $ | 2.32 % |
Positions
| Rank | Company | Shares | Value | Weight |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Co Ltd | 286,688 | 16.2M $ | 8.37 % |
| 2 | Samsung Electronics Co Ltd | 132,511 | 14.9M $ | 7.71 % |
| 3 | Tencent Holdings Ltd | 106,561 | 6.7M $ | 3.48 % |
| 4 | Credicorp Ltd | 16,357 | 5.5M $ | 2.87 % |
| 5 | Hyundai Motor Co | 12,625 | 3.8M $ | 1.95 % |
| 6 | SK hynix Inc | 6,406 | 3.5M $ | 1.80 % |
| 7 | America Movil SAB de CV | 128,265 | 3.3M $ | 1.69 % |
| 8 | Emaar Properties PJSC | 1,005,146 | 3.2M $ | 1.68 % |
| 9 | Tenaris SA | 55,664 | 3.2M $ | 1.68 % |
| 10 | Hon Hai Precision Industry Co Ltd | 502,396 | 3M $ | 1.56 % |
| 11 | Itau Unibanco Holding SA | 360,263 | 3M $ | 1.56 % |
| 12 | Bank Central Asia Tbk PT | 7,698,847 | 2.9M $ | 1.52 % |
| 13 | China Construction Bank Corp | 2,690,538 | 2.9M $ | 1.51 % |
| 14 | Tata Consultancy Services Ltd | 115,040 | 2.9M $ | 1.51 % |
| 15 | Delta Electronics Inc | 59,700 | 2.7M $ | 1.38 % |
| 16 | Wal-Mart de Mexico SAB de CV | 814,701 | 2.7M $ | 1.38 % |
| 17 | Valterra Platinum Ltd | 29,884 | 2.6M $ | 1.33 % |
| 18 | Grupo Financiero Banorte SAB de CV | 223,571 | 2.5M $ | 1.28 % |
| 19 | Cia de Minas Buenaventura SAA | 63,653 | 2.3M $ | 1.19 % |
| 20 | Contemporary Amperex Technology Co Ltd | 38,405 | 2.3M $ | 1.17 % |
| 21 | Hero MotoCorp Ltd | 38,879 | 2.2M $ | 1.11 % |
| 22 | MediaTek Inc | 44,237 | 2.1M $ | 1.11 % |
| 23 | ASPEED Technology Inc | 5,530 | 1.9M $ | 0.99 % |
| 24 | iShares Core S&P 500 ETF | 2,900 | 1.9M $ | 0.98 % |
| 25 | Larsen & Toubro Ltd | 50,319 | 1.9M $ | 0.97 % |
| 26 | HDFC Bank Ltd | 233,657 | 1.9M $ | 0.96 % |
| 27 | National Bank of Greece SA | 113,832 | 1.8M $ | 0.91 % |
| 28 | Bidvest Group Ltd | 125,531 | 1.7M $ | 0.88 % |
| 29 | Alibaba Group Holding Ltd | 106,700 | 1.7M $ | 0.87 % |
| 30 | Standard Bank Group Ltd | 86,560 | 1.6M $ | 0.81 % |
| 31 | Grupo Financiero Galicia SA | 33,111 | 1.5M $ | 0.80 % |
| 32 | Al Rajhi Bank | 54,146 | 1.5M $ | 0.80 % |
| 33 | OTP Bank Nyrt | 14,266 | 1.5M $ | 0.80 % |
| 34 | BYD Co Ltd | 108,702 | 1.5M $ | 0.77 % |
| 35 | MTN Group Ltd | 125,169 | 1.5M $ | 0.75 % |
| 36 | Anglogold Ashanti Plc | 14,759 | 1.4M $ | 0.74 % |
| 37 | ICICI Bank Ltd | 108,483 | 1.4M $ | 0.73 % |
| 38 | Astra International Tbk PT | 3,688,854 | 1.4M $ | 0.71 % |
| 39 | Commercial International Bank - Egypt (CIB) | 618,239 | 1.4M $ | 0.71 % |
| 40 | Yum China Holdings Inc | 27,895 | 1.4M $ | 0.70 % |
| 41 | Raia Drogasil SA | 296,372 | 1.3M $ | 0.69 % |
| 42 | Embraer SA | 89,300 | 1.3M $ | 0.69 % |
| 43 | State Bank of India | 121,280 | 1.3M $ | 0.67 % |
| 44 | China Life Insurance Co Ltd | 401,716 | 1.3M $ | 0.66 % |
| 45 | Accton Technology Corp | 25,000 | 1.2M $ | 0.63 % |
| 46 | Globalwafers Co Ltd | 89,000 | 1.2M $ | 0.62 % |
| 47 | Saudi Arabian Oil Co | 158,180 | 1.2M $ | 0.60 % |
| 48 | Yageo Corp | 144,313 | 1.2M $ | 0.60 % |
| 49 | Shenzhen Inovance Technology Co Ltd | 116,799 | 1.1M $ | 0.59 % |
| 50 | WuXi AppTec Co Ltd | 74,271 | 1.1M $ | 0.58 % |
| 51 | Samsung Electro-Mechanics Co Ltd | 4,063 | 1.1M $ | 0.58 % |
| 52 | Hanwha Aerospace Co Ltd | 1,355 | 1.1M $ | 0.57 % |
| 53 | Telkom Indonesia Persero Tbk PT | 5,993,000 | 1.1M $ | 0.57 % |
| 54 | Adnoc Gas PLC | 1,220,785 | 1.1M $ | 0.55 % |
| 55 | Elite Material Co Ltd | 12,700 | 1.1M $ | 0.55 % |
| 56 | Bid Corp Ltd | 43,590 | 1.1M $ | 0.54 % |
| 57 | Hansoh Pharmaceutical Group Co Ltd | 229,998 | 1M $ | 0.54 % |
| 58 | Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS | 229,095 | 1M $ | 0.53 % |
| 59 | Zijin Mining Group Co Ltd | 207,771 | 1M $ | 0.53 % |
| 60 | Komatsu Ltd | 25,044 | 983.1K $ | 0.51 % |
| 61 | China Petroleum & Chemical Corp | 1,703,626 | 979.4K $ | 0.51 % |
| 62 | Bharat Electronics Ltd | 225,576 | 974.9K $ | 0.50 % |
| 63 | KB Financial Group Inc | 9,960 | 931.8K $ | 0.48 % |
| 64 | APR Corp/Korea | 4,149 | 929.5K $ | 0.48 % |
| 65 | CIMB Group Holdings Bhd | 495,251 | 928.4K $ | 0.48 % |
| 66 | HD Hyundai Electric Co Ltd | 1,664 | 928.3K $ | 0.48 % |
| 67 | Gold Fields Ltd | 19,423 | 903.5K $ | 0.47 % |
| 68 | Antofagasta PLC | 19,905 | 885.5K $ | 0.46 % |
| 69 | NCSoft Corp | 5,885 | 880.2K $ | 0.46 % |
| 70 | TOTVS SA | 129,800 | 877.8K $ | 0.45 % |
| 71 | Aselsan Elektronik Sanayi Ve Ticaret AS | 120,138 | 866.8K $ | 0.45 % |
| 72 | Eurobank SA | 214,228 | 860.2K $ | 0.45 % |
| 73 | Southern Copper Corp | 4,931 | 848.4K $ | 0.44 % |
| 74 | Vale SA | 52,789 | 839.9K $ | 0.43 % |
| 75 | AIA Group Ltd | 74,300 | 834.7K $ | 0.43 % |
| 76 | Fomento Economico Mexicano SAB de CV | 7,390 | 820.7K $ | 0.42 % |
| 77 | Alibaba Group Holding Ltd | 6,423 | 805.8K $ | 0.42 % |
| 78 | HD Hyundai Heavy Industries Co Ltd | 2,573 | 793.8K $ | 0.41 % |
| 79 | Haier Smart Home Co Ltd | 245,121 | 763.3K $ | 0.40 % |
| 80 | Richter Gedeon Nyrt | 20,728 | 740.6K $ | 0.38 % |
| 81 | Banco BTG Pactual SA | 67,700 | 739.4K $ | 0.38 % |
| 82 | Sieyuan Electric Co Ltd | 23,900 | 709.2K $ | 0.37 % |
| 83 | PDD Holdings Inc | 6,934 | 708.5K $ | 0.37 % |
| 84 | Impala Platinum Holdings Ltd | 48,096 | 706.8K $ | 0.37 % |
| 85 | eMemory Technology Inc | 8,000 | 696K $ | 0.36 % |
| 86 | PICC Property & Casualty Co Ltd | 367,678 | 677.5K $ | 0.35 % |
| 87 | Hyundai Rotem Co Ltd | 6,035 | 671.5K $ | 0.35 % |
| 88 | Sany Heavy Industry Co Ltd | 231,171 | 650.4K $ | 0.34 % |
| 89 | Hyundai Mobis Co Ltd | 2,525 | 649.4K $ | 0.34 % |
| 90 | Erste Group Bank AG | 6,007 | 649.1K $ | 0.34 % |
| 91 | Capitec Bank Holdings Ltd | 2,618 | 642.7K $ | 0.33 % |
| 92 | Mahindra & Mahindra Ltd | 19,725 | 637.4K $ | 0.33 % |
| 93 | FirstRand Ltd | 116,328 | 594.6K $ | 0.31 % |
| 94 | JK Cement Ltd | 10,516 | 580.2K $ | 0.30 % |
| 95 | Hiwin Technologies Corp | 78,665 | 574.2K $ | 0.30 % |
| 96 | TVS Motor Co Ltd | 15,557 | 569.5K $ | 0.29 % |
| 97 | Yapi ve Kredi Bankasi AS | 717,487 | 544.4K $ | 0.28 % |
| 98 | Bharti Airtel Ltd | 27,927 | 531K $ | 0.27 % |
| 99 | Hong Kong Exchanges & Clearing Ltd | 10,400 | 527.1K $ | 0.27 % |
| 100 | Laopu Gold Co Ltd | 6,400 | 523.6K $ | 0.27 % |