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PRF targets 1,000 of the largest U.S. companies, but it doesn’t weight them by stock price or market cap.
Instead, it uses “fundamental weighting,” meaning company weights are set by business-size signals like book value, cash flow, sales, and dividends, then the portfolio is rebalanced quarterly.
The fund generally holds every index name (full replication) to closely track its rules-based benchmark.
You own shares of about 1,000 big U.S. companies in one fund. But the biggest weights go to companies that look “bigger” based on real business fundamentals, not just the ones with the highest stock prices.
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Showing the largest holdings by weight in PRF
| Logo | Ticker | ETF Weight | Market Value | |
|---|---|---|---|---|
GO | GOOGL Alphabet Inc | Alphabet Inc | 4.15% | $375.5M |
AA | AAPL Apple Inc | Apple Inc | 4.09% | $370.4M |
MS | MSFT Microsoft Corp | Microsoft Corp | 2.09% | $189.1M |
AM | AMZN Amazon.com Inc | Amazon.com Inc | 2.03% | $183.9M |
XO | XOM Exxon Mobil Corp | Exxon Mobil Corp | 2.00% | $181.0M |
BR | BRK-B Berkshire Hathaway Inc | Berkshire Hathaway Inc | 1.80% | $163.1M |
IN | INTC Intel Corp | Intel Corp | 1.72% | $155.3M |
JP | JPM JPMorgan Chase & Co | JPMorgan Chase & Co | 1.60% | $145.0M |
ME | META Meta Platforms Inc | Meta Platforms Inc | 1.49% | $134.8M |
CV | CVX Chevron Corp | Chevron Corp | 1.40% | $126.5M |
Breakdown of PRF by sector weightings (%)
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Top countries by weight (%)
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