| Issuer | % book | Business |
|---|
| $GE · GE AEROSPACE | 29.8% | Jet engines and aerospace systems |
| $V · VISA INC | 20.4% | Global card payment network |
| $DUT · MOODYS CORP | 13.8% | Credit ratings and financial-risk analytics |
| $SPGI · S&P GLOBAL INC | 13.2% | Credit ratings, indices and market data |
| $CP · CANADIAN PACIFIC KANSAS CITY | 8.1% | North American freight railroad |
| $GOOG · ALPHABET INC | 5.6% | Google parent — search, ads, YouTube, Android, Google Cloud |
| FERROVIAL SE | 2.9% | Spanish infrastructure: toll roads, airports, construction |
| $CNR · CANADIAN NATL RY CO | 2.2% | Canadian freight railroad |
| $MSFT · MICROSOFT CORP | 2.2% | Windows, Office, Azure cloud, Xbox, AI software |
| $GOOGL · ALPHABET INC | 1.6% | Google parent — search, ads, YouTube, Android, Google Cloud |