{
  "data_version": "seed-0.7 · marketcap-1 · 2026-08-30",
  "source": "https://finance.foundation",
  "license": {
    "finance_foundation_data": "CC BY 4.0 — attribution: Finance Foundation (https://finance.foundation)",
    "upstream_values": "Fields sourced from a provider carry their own source field and remain under that provider's terms — see https://finance.foundation/api/v1/sources"
  },
  "collection": "funds",
  "count": 32,
  "data": [
    {
      "id": "spdr-sp500",
      "lei": "549300NZAMSJ8FXPQQ63",
      "name": "SPDR S&P 500 ETF Trust",
      "symbol": "SPY",
      "type": "ETF",
      "manager": "State Street Global Advisors",
      "manager_company": null,
      "strategy": "Passive — tracks S&P 500",
      "country": "united-states",
      "aum_usd_bn": 630,
      "description": "The first US-listed ETF (1993) and the most traded security in the world.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "SPY",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "SPY",
          "currency": "USD"
        },
        "sec": {
          "cik": 884394,
          "series_id": null,
          "series_name": null,
          "class_id": null,
          "entity_name": null
        },
        "classes": [
          {
            "ticker": "SPY",
            "class_id": null,
            "name": null
          }
        ],
        "tracks": "sp500",
        "tracks_note": null,
        "route": "own CIK (trust)"
      },
      "aum_seed_usd_bn": 630,
      "size": null
    },
    {
      "id": "vanguard-total-stock-market",
      "lei": "HJ2RZRUQEVF2A5SPRB21",
      "name": "Vanguard Total Stock Market ETF",
      "symbol": "VTI",
      "type": "ETF",
      "manager": "Vanguard",
      "manager_company": null,
      "strategy": "Passive — entire US equity market",
      "country": "united-states",
      "aum_usd_bn": 1991.7,
      "description": "One fund, ~3,600 US stocks; the core holding of index investing.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "VTI",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "VTI",
          "currency": "USD"
        },
        "sec": {
          "cik": 36405,
          "series_id": "S000002848",
          "series_name": "Vanguard Total Stock Market Index Fund",
          "class_id": "C000007808",
          "entity_name": "VANGUARD INDEX FUNDS"
        },
        "classes": [
          {
            "ticker": "VITSX",
            "class_id": "C000007807",
            "name": "Institutional Shares"
          },
          {
            "ticker": "VSMPX",
            "class_id": "C000155407",
            "name": "Institutional Plus Shares"
          },
          {
            "ticker": "VSTSX",
            "class_id": "C000170276",
            "name": "Institutional Select Shares"
          },
          {
            "ticker": "VTI",
            "class_id": "C000007808",
            "name": "ETF Shares"
          },
          {
            "ticker": "VTSAX",
            "class_id": "C000007806",
            "name": "Admiral Shares"
          },
          {
            "ticker": "VTSMX",
            "class_id": "C000007805",
            "name": "Investor Shares"
          }
        ],
        "tracks": null,
        "tracks_note": "Tracks the CRSP US Total Market Index, which we do not cover.",
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 470,
      "size": {
        "usd": 1991691212321,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-03-31",
        "form": "NPORT-P",
        "filed": "2026-05-28",
        "source": "SEC N-PORT data set",
        "series_lei": "HJ2RZRUQEVF2A5SPRB21",
        "series_name": "VANGUARD TOTAL STOCK MARKET INDEX FUND",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 1991.7
      }
    },
    {
      "id": "invesco-qqq",
      "lei": "549300VY6FEJBCIMET58",
      "name": "Invesco QQQ Trust",
      "symbol": "QQQ",
      "type": "ETF",
      "manager": "Invesco",
      "manager_company": null,
      "strategy": "Passive — tracks Nasdaq-100",
      "country": "united-states",
      "aum_usd_bn": 372.5,
      "description": "The default vehicle for large-cap tech exposure; tracks the Nasdaq-100.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "QQQ",
        "listing": {
          "market": "nasdaq",
          "segment_mic": "XNMS",
          "venue_name": "Nasdaq Global Market",
          "ticker": "QQQ",
          "currency": "USD"
        },
        "sec": {
          "cik": 1067839,
          "series_id": "S000101292",
          "series_name": "Invesco QQQ Trust, Series 1",
          "class_id": "C000271435",
          "entity_name": "INVESCO QQQ TRUST, SERIES 1"
        },
        "classes": [
          {
            "ticker": "QQQ",
            "class_id": "C000271435",
            "name": "Invesco QQQ Trust, Series 1"
          }
        ],
        "tracks": "nasdaq-100",
        "tracks_note": null,
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 330,
      "size": {
        "usd": 372507306132,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-03-31",
        "form": "NPORT-P",
        "filed": "2026-05-28",
        "source": "SEC N-PORT data set",
        "series_lei": "549300VY6FEJBCIMET58",
        "series_name": "Invesco QQQ Trust, Series 1",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 372.5
      }
    },
    {
      "id": "ishares-core-msci-world",
      "lei": "549300QS4Q1IT6XCA514",
      "name": "iShares Core MSCI World UCITS ETF",
      "symbol": "IWDA",
      "type": "ETF",
      "manager": "BlackRock (iShares)",
      "manager_company": "blackrock",
      "strategy": "Passive — developed-market equities worldwide",
      "country": "united-kingdom",
      "aum_usd_bn": 110,
      "description": "Europe's standard one-fund global equity portfolio (~1,400 stocks, 23 developed markets).",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "IWDA",
        "listing": null,
        "sec": null,
        "classes": [
          {
            "ticker": "IWDA",
            "class_id": null,
            "name": null
          }
        ],
        "tracks": null,
        "tracks_note": "Tracks the MSCI World Index, which we do not cover.",
        "route": "not an SEC filer"
      },
      "aum_seed_usd_bn": 110,
      "size": null
    },
    {
      "id": "ishares-bitcoin-trust",
      "lei": "529900HVFN08L8P4H851",
      "name": "iShares Bitcoin Trust",
      "symbol": "IBIT",
      "type": "ETF",
      "manager": "BlackRock (iShares)",
      "manager_company": "blackrock",
      "strategy": "Passive — spot Bitcoin",
      "country": "united-states",
      "aum_usd_bn": 43.4,
      "description": "The fastest-growing ETF in history; brought Bitcoin into brokerage and retirement accounts.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "IBIT",
        "listing": {
          "market": "nasdaq",
          "segment_mic": "XNMS",
          "venue_name": "Nasdaq Global Market",
          "ticker": "IBIT",
          "currency": "USD"
        },
        "sec": {
          "cik": 1980994,
          "series_id": null,
          "series_name": null,
          "class_id": null,
          "entity_name": null
        },
        "classes": [
          {
            "ticker": "IBIT",
            "class_id": null,
            "name": null
          }
        ],
        "tracks": "bitcoin",
        "tracks_note": "Holds bitcoin directly rather than tracking an index.",
        "route": "own CIK (trust)"
      },
      "aum_seed_usd_bn": 80,
      "size": {
        "usd": 43400000000,
        "basis": "investments at fair value",
        "as_of": "2026-06-30",
        "form": "10-Q",
        "filed": null,
        "source": "SEC 10-Q, us-gaap:InvestmentOwnedAtFairValue",
        "series_lei": null,
        "series_name": null,
        "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001980994&type=10-Q&dateb=&owner=include&count=10",
        "note": "This trust does not tag a net-assets figure. What is published is the fair value of the bitcoin it holds, which is nearly but not exactly the same thing — fee accruals sit between them.",
        "usd_bn": 43.4
      }
    },
    {
      "id": "bridgewater-pure-alpha",
      "name": "Bridgewater Pure Alpha",
      "symbol": null,
      "type": "Hedge fund",
      "manager": "Bridgewater Associates",
      "manager_company": null,
      "strategy": "Global macro",
      "country": "united-states",
      "aum_usd_bn": 80,
      "description": "Flagship strategy of the world's largest hedge-fund firm; systematic global-macro.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A private hedge fund: units are not listed and there is no ticker."
      },
      "aum_seed_usd_bn": 80,
      "size": null
    },
    {
      "id": "norway-gpfg",
      "name": "Government Pension Fund Global",
      "symbol": null,
      "type": "Sovereign wealth fund",
      "manager": "Norges Bank Investment Management",
      "manager_company": null,
      "strategy": "Global multi-asset (equity-heavy)",
      "country": "norway",
      "aum_usd_bn": 1800,
      "description": "Norway's oil fund — the largest sovereign wealth fund; and by its own account the owner of a low single-digit percentage of every listed company on Earth.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A sovereign fund, not an investable vehicle — it has no units to buy."
      },
      "aum_seed_usd_bn": 1800,
      "size": null
    },
    {
      "id": "gic",
      "lei": "BG8P3GI5QU6LUUX5HI38",
      "name": "GIC",
      "symbol": null,
      "type": "Sovereign wealth fund",
      "manager": "GIC Private Limited",
      "manager_company": null,
      "strategy": "Global multi-asset, long horizon",
      "country": "singapore",
      "aum_usd_bn": 800,
      "description": "Singapore's sovereign investor; one of the largest and most sophisticated allocators in private and public markets.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A sovereign fund, not an investable vehicle — it has no units to buy."
      },
      "aum_seed_usd_bn": 800,
      "size": null
    },
    {
      "id": "vanguard-sp500",
      "lei": "12WZ1W76P8QD4VJ6OB47",
      "name": "Vanguard S&P 500 ETF",
      "symbol": "VOO",
      "type": "ETF",
      "manager": "Vanguard",
      "manager_company": null,
      "strategy": "S&P 500 index tracking",
      "country": "united-states",
      "aum_usd_bn": 1421.3,
      "description": "Low-cost ETF tracking the S&P 500 index; overtook SPY in 2025 to become the largest ETF share class by assets. The size shown here is the whole fund across all four of its classes, which is a larger number measuring a different thing. Known for an ultra-low expense ratio.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "VOO",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "VOO",
          "currency": "USD"
        },
        "sec": {
          "cik": 36405,
          "series_id": "S000002839",
          "series_name": "Vanguard 500 Index Fund",
          "class_id": "C000092055",
          "entity_name": "VANGUARD INDEX FUNDS"
        },
        "classes": [
          {
            "ticker": "VFFSX",
            "class_id": "C000170274",
            "name": "Institutional Select Shares"
          },
          {
            "ticker": "VFIAX",
            "class_id": "C000007774",
            "name": "Admiral Shares"
          },
          {
            "ticker": "VFINX",
            "class_id": "C000007773",
            "name": "Investor Shares"
          },
          {
            "ticker": "VOO",
            "class_id": "C000092055",
            "name": "ETF Shares"
          }
        ],
        "tracks": "sp500",
        "tracks_note": null,
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 750,
      "size": {
        "usd": 1421263311402,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-03-31",
        "form": "NPORT-P",
        "filed": "2026-05-28",
        "source": "SEC N-PORT data set",
        "series_lei": "12WZ1W76P8QD4VJ6OB47",
        "series_name": "VANGUARD 500 INDEX FUND",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 1421.3
      }
    },
    {
      "id": "ishares-core-sp500",
      "lei": "5493007M4YMN8XL48C14",
      "name": "iShares Core S&P 500 ETF",
      "symbol": "IVV",
      "type": "ETF",
      "manager": "BlackRock (iShares)",
      "manager_company": "blackrock",
      "strategy": "S&P 500 index tracking",
      "country": "united-states",
      "aum_usd_bn": 720.5,
      "description": "BlackRock's flagship low-cost S&P 500 tracker, and among the largest ETFs in the world by the assets of its own share class. Competes head-to-head with SPY and VOO on cost.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "IVV",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "IVV",
          "currency": "USD"
        },
        "sec": {
          "cik": 1100663,
          "series_id": "S000004310",
          "series_name": "iShares Core S&P 500 ETF",
          "class_id": "C000012040",
          "entity_name": "iSHARES TRUST"
        },
        "classes": [
          {
            "ticker": "IVV",
            "class_id": "C000012040",
            "name": "iShares Core S&P 500 ETF"
          }
        ],
        "tracks": "sp500",
        "tracks_note": null,
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 600,
      "size": {
        "usd": 720543356320,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-03-31",
        "form": "NPORT-P",
        "filed": "2026-05-28",
        "source": "SEC N-PORT data set",
        "series_lei": "5493007M4YMN8XL48C14",
        "series_name": "iShares Core S&P 500 ETF",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 720.5
      }
    },
    {
      "id": "vanguard-total-world-stock",
      "lei": "78WHRHOLFN8O2AJ0B221",
      "name": "Vanguard Total World Stock ETF",
      "symbol": "VT",
      "type": "ETF",
      "manager": "Vanguard",
      "manager_company": null,
      "strategy": "Global all-cap equity index",
      "country": "united-states",
      "aum_usd_bn": 89.9,
      "description": "Single-fund exposure to the entire global equity market, tracking the FTSE Global All Cap Index of roughly 9,000+ stocks across developed and emerging markets.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "VT",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "VT",
          "currency": "USD"
        },
        "sec": {
          "cik": 857489,
          "series_id": "S000022482",
          "series_name": "Vanguard Total World Stock Index Fund",
          "class_id": "C000065038",
          "entity_name": "VANGUARD INTERNATIONAL EQUITY INDEX FUNDS"
        },
        "classes": [
          {
            "ticker": "VT",
            "class_id": "C000065038",
            "name": "ETF Shares"
          },
          {
            "ticker": "VTWAX",
            "class_id": "C000209799",
            "name": "Admiral Shares"
          },
          {
            "ticker": "VTWIX",
            "class_id": "C000065039",
            "name": "Institutional Shares"
          }
        ],
        "tracks": null,
        "tracks_note": "Tracks the FTSE Global All Cap Index, which we do not cover.",
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 50,
      "size": {
        "usd": 89903017880,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-04-30",
        "form": "NPORT-P",
        "filed": "2026-06-26",
        "source": "SEC N-PORT data set",
        "series_lei": "78WHRHOLFN8O2AJ0B221",
        "series_name": "VANGUARD TOTAL WORLD STOCK INDEX FUND",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 89.9
      }
    },
    {
      "id": "spdr-gold-shares",
      "name": "SPDR Gold Shares",
      "symbol": "GLD",
      "type": "ETF",
      "manager": "State Street Global Advisors",
      "manager_company": null,
      "strategy": "Physical gold bullion",
      "country": "united-states",
      "aum_usd_bn": 130.1,
      "description": "The largest physically backed gold ETF, holding allocated bullion in London vaults. Launched in 2004, it is the standard vehicle for gold exposure in brokerage accounts.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "GLD",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "GLD",
          "currency": "USD"
        },
        "sec": {
          "cik": 1222333,
          "series_id": null,
          "series_name": null,
          "class_id": null,
          "entity_name": null
        },
        "classes": [
          {
            "ticker": "GLD",
            "class_id": null,
            "name": null
          }
        ],
        "tracks": "gold",
        "tracks_note": "Holds allocated bullion rather than tracking an index.",
        "route": "own CIK (trust)"
      },
      "aum_seed_usd_bn": 110,
      "size": {
        "usd": 130100000000,
        "basis": "net assets",
        "as_of": "2026-06-30",
        "form": "10-Q",
        "filed": null,
        "source": "SEC 10-Q, us-gaap:AssetsNet",
        "series_lei": null,
        "series_name": null,
        "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001222333&type=10-Q&dateb=&owner=include&count=10",
        "usd_bn": 130.1
      }
    },
    {
      "id": "ishares-20-year-treasury",
      "lei": "549300WWURKS1JGBZU59",
      "name": "iShares 20+ Year Treasury Bond ETF",
      "symbol": "TLT",
      "type": "ETF",
      "manager": "BlackRock (iShares)",
      "manager_company": "blackrock",
      "strategy": "Long-duration US Treasury bonds",
      "country": "united-states",
      "aum_usd_bn": 45.4,
      "description": "The benchmark ETF for long-dated US government bonds, holding Treasuries with 20+ years to maturity. Widely used to express interest-rate views due to its high duration.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "TLT",
        "listing": {
          "market": "nasdaq",
          "segment_mic": "XNMS",
          "venue_name": "Nasdaq Global Market",
          "ticker": "TLT",
          "currency": "USD"
        },
        "sec": {
          "cik": 1100663,
          "series_id": "S000004360",
          "series_name": "iShares 20+ Year Treasury Bond ETF",
          "class_id": "C000012090",
          "entity_name": "iSHARES TRUST"
        },
        "classes": [
          {
            "ticker": "TLT",
            "class_id": "C000012090",
            "name": "iShares 20+ Year Treasury Bond ETF"
          }
        ],
        "tracks": null,
        "tracks_note": "Tracks the ICE US Treasury 20+ Year Bond Index. Our covered Treasury asset is the 10-year, a different point on the curve, so it is deliberately not linked.",
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 50,
      "size": {
        "usd": 45433627768,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-02-28",
        "form": "NPORT-P",
        "filed": "2026-04-22",
        "source": "SEC N-PORT data set",
        "series_lei": "549300WWURKS1JGBZU59",
        "series_name": "iShares 20+ Year Treasury Bond ETF",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 45.4
      }
    },
    {
      "id": "vanguard-total-bond-market",
      "lei": "CIJB0QNLPT2SSWMJ5W92",
      "name": "Vanguard Total Bond Market ETF",
      "symbol": "BND",
      "type": "ETF",
      "manager": "Vanguard",
      "manager_company": null,
      "strategy": "US investment-grade bond index",
      "country": "united-states",
      "aum_usd_bn": 386.8,
      "description": "Broad exposure to the US investment-grade bond market, tracking the Bloomberg US Aggregate Float Adjusted Index. One of the largest fixed-income ETFs in the world.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "BND",
        "listing": {
          "market": "nasdaq",
          "segment_mic": "XNMS",
          "venue_name": "Nasdaq Global Market",
          "ticker": "BND",
          "currency": "USD"
        },
        "sec": {
          "cik": 794105,
          "series_id": "S000002564",
          "series_name": "Vanguard Total Bond Market Index Fund",
          "class_id": "C000046844",
          "entity_name": "VANGUARD BOND INDEX FUNDS"
        },
        "classes": [
          {
            "ticker": "BND",
            "class_id": "C000046844",
            "name": "ETF Shares"
          },
          {
            "ticker": "VBMFX",
            "class_id": "C000007062",
            "name": "Investor Shares"
          },
          {
            "ticker": "VBMPX",
            "class_id": "C000081425",
            "name": "Institutional Plus Shares"
          },
          {
            "ticker": "VBTIX",
            "class_id": "C000007064",
            "name": "Institutional Shares"
          },
          {
            "ticker": "VBTLX",
            "class_id": "C000007063",
            "name": "Admiral Shares"
          },
          {
            "ticker": "VTBSX",
            "class_id": "C000170279",
            "name": "Institutional Select Shares"
          }
        ],
        "tracks": null,
        "tracks_note": "Tracks a Bloomberg US aggregate bond index, which we do not cover.",
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 130,
      "size": {
        "usd": 386757079103,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-03-31",
        "form": "NPORT-P",
        "filed": "2026-05-28",
        "source": "SEC N-PORT data set",
        "series_lei": "CIJB0QNLPT2SSWMJ5W92",
        "series_name": "VANGUARD TOTAL BOND MARKET INDEX FUND",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 386.8
      }
    },
    {
      "id": "ishares-core-msci-emerging-markets",
      "lei": "5493007C24Z3ZDJ0VD06",
      "name": "iShares Core MSCI Emerging Markets ETF",
      "symbol": "IEMG",
      "type": "ETF",
      "manager": "BlackRock (iShares)",
      "manager_company": "blackrock",
      "strategy": "Emerging-markets equity index",
      "country": "united-states",
      "aum_usd_bn": 148.6,
      "description": "Low-cost broad emerging-markets equity tracker covering large-, mid- and small-cap stocks across China, India, Taiwan, Brazil and other developing markets.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "IEMG",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "IEMG",
          "currency": "USD"
        },
        "sec": {
          "cik": 930667,
          "series_id": "S000038923",
          "series_name": "iShares Core MSCI Emerging Markets ETF",
          "class_id": "C000119708",
          "entity_name": "iShares, Inc."
        },
        "classes": [
          {
            "ticker": "IEMG",
            "class_id": "C000119708",
            "name": "iShares Core MSCI Emerging Markets ETF"
          }
        ],
        "tracks": null,
        "tracks_note": "Tracks the MSCI Emerging Markets IMI Index, which we do not cover.",
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 90,
      "size": {
        "usd": 148632250660,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-02-28",
        "form": "NPORT-P",
        "filed": "2026-04-23",
        "source": "SEC N-PORT data set",
        "series_lei": "5493007C24Z3ZDJ0VD06",
        "series_name": "iShares Core MSCI Emerging Markets ETF",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 148.6
      }
    },
    {
      "id": "ark-innovation",
      "lei": "254900636IK9WKHH6949",
      "name": "ARK Innovation ETF",
      "symbol": "ARKK",
      "type": "ETF",
      "manager": "ARK Invest",
      "manager_company": null,
      "strategy": "Actively managed disruptive-innovation equities",
      "country": "united-states",
      "aum_usd_bn": 6.5,
      "description": "Cathie Wood's flagship actively managed ETF, concentrated in disruptive-technology stocks such as Tesla, Coinbase and Roku. Known for extreme boom-bust performance since 2020.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "ARKK",
        "listing": {
          "market": "cboe",
          "segment_mic": "BATS",
          "venue_name": "Cboe BZX",
          "ticker": "ARKK",
          "currency": "USD"
        },
        "sec": {
          "cik": 1579982,
          "series_id": "S000042977",
          "series_name": "ARK Innovation ETF",
          "class_id": "C000133121",
          "entity_name": "ARK ETF Trust"
        },
        "classes": [
          {
            "ticker": "ARKK",
            "class_id": "C000133121",
            "name": "ARK Innovation ETF"
          }
        ],
        "tracks": null,
        "tracks_note": "Actively managed — it tracks no index by design.",
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 7,
      "size": {
        "usd": 6482466914,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-04-30",
        "form": "NPORT-P",
        "filed": "2026-06-23",
        "source": "SEC N-PORT data set",
        "series_lei": "254900636IK9WKHH6949",
        "series_name": "ARK Innovation ETF",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 6.5
      }
    },
    {
      "id": "fidelity-wise-origin-bitcoin",
      "lei": "254900ICT5W5WU7K9J50",
      "name": "Fidelity Wise Origin Bitcoin Fund",
      "symbol": "FBTC",
      "type": "ETF",
      "manager": "Fidelity Investments",
      "manager_company": null,
      "strategy": "Spot bitcoin",
      "country": "united-states",
      "aum_usd_bn": 12.8,
      "description": "Fidelity's spot bitcoin ETF, launched January 2024 among the first US-approved batch. Distinctive for Fidelity self-custodying the underlying bitcoin rather than using a third-party custodian.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "FBTC",
        "listing": {
          "market": "cboe",
          "segment_mic": "BATS",
          "venue_name": "Cboe BZX",
          "ticker": "FBTC",
          "currency": "USD"
        },
        "sec": {
          "cik": 1852317,
          "series_id": null,
          "series_name": null,
          "class_id": null,
          "entity_name": null
        },
        "classes": [
          {
            "ticker": "FBTC",
            "class_id": null,
            "name": null
          }
        ],
        "tracks": "bitcoin",
        "tracks_note": "Holds bitcoin directly rather than tracking an index.",
        "route": "own CIK (trust)"
      },
      "aum_seed_usd_bn": 20,
      "size": {
        "usd": 12800000000,
        "basis": "net assets",
        "as_of": "2026-03-31",
        "form": "10-Q",
        "filed": null,
        "source": "SEC 10-Q, us-gaap:AssetsNet",
        "series_lei": null,
        "series_name": null,
        "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001852317&type=10-Q&dateb=&owner=include&count=10",
        "usd_bn": 12.8
      }
    },
    {
      "id": "citadel-wellington",
      "lei": "Y5AN8E4TPK79T3GVFF35",
      "name": "Citadel Wellington",
      "symbol": null,
      "type": "Hedge fund",
      "manager": "Citadel",
      "manager_company": null,
      "strategy": "Multi-strategy",
      "country": "united-states",
      "aum_usd_bn": 65,
      "description": "Flagship multi-strategy fund of Ken Griffin's Citadel, which invests across equities, fixed income, commodities, credit and quant strategies. Among the most profitable hedge funds in history by total gains for investors.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A private hedge fund: units are not listed and there is no ticker."
      },
      "aum_seed_usd_bn": 65,
      "size": null
    },
    {
      "id": "millennium-management",
      "name": "Millennium International",
      "symbol": null,
      "type": "Hedge fund",
      "manager": "Millennium Management",
      "manager_company": null,
      "strategy": "Multi-strategy pod platform",
      "country": "united-states",
      "aum_usd_bn": 75,
      "description": "Izzy Englander's Millennium runs one of the largest multi-strategy 'pod shop' platforms, allocating capital across hundreds of independent trading teams under tight risk limits.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A private hedge fund: units are not listed and there is no ticker."
      },
      "aum_seed_usd_bn": 75,
      "size": null
    },
    {
      "id": "de-shaw-composite",
      "name": "D. E. Shaw Composite Fund",
      "symbol": null,
      "type": "Hedge fund",
      "manager": "D. E. Shaw & Co.",
      "manager_company": null,
      "strategy": "Quantitative multi-strategy",
      "country": "united-states",
      "aum_usd_bn": null,
      "description": "Flagship multi-strategy fund of D. E. Shaw, the quantitative investment firm founded in 1988 that manages roughly $60-70bn firm-wide. Blends systematic and discretionary strategies across asset classes.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A private hedge fund: units are not listed and there is no ticker."
      },
      "aum_seed_usd_bn": null,
      "size": null
    },
    {
      "id": "saudi-pif",
      "lei": "558600EF1LZ82YHRMV66",
      "name": "Public Investment Fund",
      "symbol": null,
      "type": "Sovereign wealth fund",
      "manager": "Public Investment Fund",
      "manager_company": null,
      "strategy": "Sovereign development and global investments",
      "country": "saudi-arabia",
      "aum_usd_bn": 925,
      "description": "Saudi Arabia's sovereign wealth fund and the engine of the Vision 2030 diversification program, backing NEOM, LIV Golf and large stakes in Uber and Lucid Motors.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A sovereign fund, not an investable vehicle — it has no units to buy."
      },
      "aum_seed_usd_bn": 925,
      "size": null
    },
    {
      "id": "china-investment-corporation",
      "name": "China Investment Corporation",
      "symbol": null,
      "type": "Sovereign wealth fund",
      "manager": "China Investment Corporation",
      "manager_company": null,
      "strategy": "Diversified global sovereign investments",
      "country": "china",
      "aum_usd_bn": 1350,
      "description": "China's principal sovereign wealth fund, established in 2007 to invest part of the country's foreign-exchange reserves. One of the largest sovereign funds in the world.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A sovereign fund, not an investable vehicle — it has no units to buy."
      },
      "aum_seed_usd_bn": 1350,
      "size": null
    },
    {
      "id": "temasek",
      "name": "Temasek Holdings",
      "symbol": null,
      "type": "Sovereign wealth fund",
      "manager": "Temasek Holdings",
      "manager_company": null,
      "strategy": "State investment company, equities-heavy",
      "country": "singapore",
      "aum_usd_bn": 320,
      "description": "Singapore's state-owned investment company, holding major stakes in DBS, Singapore Airlines and SingTel alongside a large global portfolio. Distinct from GIC, it invests mainly in equities and reports returns publicly.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A state investment company, not an investable vehicle — it has no units to buy."
      },
      "aum_seed_usd_bn": 320,
      "size": null
    },
    {
      "id": "japan-gpif",
      "lei": "353800J6SONXX4RRDZ10",
      "name": "Government Pension Investment Fund",
      "symbol": null,
      "type": "Pension fund",
      "manager": "Government Pension Investment Fund",
      "manager_company": null,
      "strategy": "Balanced 50/50 domestic-foreign, equity-bond indexing",
      "country": "japan",
      "aum_usd_bn": 1700,
      "description": "Japan's public pension reserve fund and the largest pension fund in the world; the size shown above is our own approximation, not traced to a filing. Invests passively in a near-equal split across domestic and foreign equities and bonds.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A public pension fund, not an investable vehicle — it has no units to buy."
      },
      "aum_seed_usd_bn": 1700,
      "size": null
    },
    {
      "id": "cpp-investments",
      "lei": "70DNWEAINTGFO4DMV441",
      "name": "CPP Investments",
      "symbol": null,
      "type": "Pension fund",
      "manager": "CPP Investments",
      "manager_company": null,
      "strategy": "Active global multi-asset, heavy private markets",
      "country": "canada",
      "aum_usd_bn": 500,
      "description": "Manages the reserve assets of the Canada Pension Plan for the working population of Canada. A pioneer of the 'Canadian model' of direct investing in private equity, infrastructure and real estate.",
      "listed": false,
      "structure": {
        "listed": false,
        "why": "A public pension fund, not an investable vehicle — it has no units to buy."
      },
      "aum_seed_usd_bn": 500,
      "size": null
    },
    {
      "id": "ishares-russell-2000",
      "lei": "549300O80OAR5VTWR172",
      "name": "iShares Russell 2000 ETF",
      "symbol": "IWM",
      "type": "ETF",
      "manager": "BlackRock (iShares)",
      "manager_company": "blackrock",
      "strategy": "Passive — tracks the Russell 2000 small-cap index",
      "country": "united-states",
      "aum_usd_bn": 71.9,
      "description": "The main way institutions take a position in US small caps, and the reference vehicle for the Russell 2000 — the index the market watches for whether a rally has breadth beyond the megacaps.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "IWM",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "IWM",
          "currency": "USD"
        },
        "sec": {
          "cik": 1100663,
          "series_id": "S000004344",
          "series_name": "iShares Russell 2000 ETF",
          "class_id": "C000012074",
          "entity_name": "iSHARES TRUST"
        },
        "classes": [
          {
            "ticker": "IWM",
            "class_id": "C000012074",
            "name": "iShares Russell 2000 ETF"
          }
        ],
        "tracks": "russell-2000",
        "tracks_note": null,
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 71.9,
      "size": {
        "usd": 71900000000,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-03-31",
        "form": "NPORT-P",
        "filed": null,
        "source": "SEC N-PORT data set",
        "series_lei": "549300O80OAR5VTWR172",
        "series_name": "iShares Russell 2000 ETF",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 71.9
      }
    },
    {
      "id": "spdr-euro-stoxx-50",
      "lei": "549300FS6B2JRJXYB418",
      "name": "SPDR EURO STOXX 50 ETF",
      "symbol": "FEZ",
      "type": "ETF",
      "manager": "State Street Global Advisors",
      "manager_company": null,
      "strategy": "Passive — tracks the EURO STOXX 50 index",
      "country": "united-states",
      "aum_usd_bn": 4.3,
      "description": "US-listed access to the fifty largest listed companies of the euro area, the benchmark against which European equity risk is usually expressed.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "FEZ",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "FEZ",
          "currency": "USD"
        },
        "sec": {
          "cik": 1168164,
          "series_id": "S000006392",
          "series_name": "State Street SPDR EURO STOXX 50 ETF",
          "class_id": "C000017550",
          "entity_name": "SPDR INDEX SHARES FUNDS"
        },
        "classes": [
          {
            "ticker": "FEZ",
            "class_id": "C000017550",
            "name": "State Street SPDR EURO STOXX 50 ETF"
          }
        ],
        "tracks": "euro-stoxx-50",
        "tracks_note": null,
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 4.3,
      "size": {
        "usd": 4300000000,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-03-31",
        "form": "NPORT-P",
        "filed": null,
        "source": "SEC N-PORT data set",
        "series_lei": "549300FS6B2JRJXYB418",
        "series_name": "State Street SPDR EURO STOXX 50 ETF",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 4.3
      }
    },
    {
      "id": "xtrackers-csi-300",
      "lei": "549300KGVW9YY7MPVQ67",
      "name": "Xtrackers Harvest CSI 300 China A-Shares ETF",
      "symbol": "ASHR",
      "type": "ETF",
      "manager": "DWS (Xtrackers)",
      "manager_company": null,
      "strategy": "Passive — tracks the CSI 300 index of mainland A-shares",
      "country": "united-states",
      "aum_usd_bn": 1.8,
      "description": "One of the few US-listed routes into mainland Chinese A-shares, which are otherwise reached through quota schemes rather than bought directly.",
      "listed": true,
      "structure": {
        "listed": true,
        "ticker": "ASHR",
        "listing": {
          "market": "nyse",
          "segment_mic": "ARCX",
          "venue_name": "NYSE Arca",
          "ticker": "ASHR",
          "currency": "USD"
        },
        "sec": {
          "cik": 1503123,
          "series_id": "S000040415",
          "series_name": "Xtrackers Harvest CSI 300 China A-Shares ETF",
          "class_id": "C000125568",
          "entity_name": "DBX ETF TRUST"
        },
        "classes": [
          {
            "ticker": "ASHR",
            "class_id": "C000125568",
            "name": "Xtrackers Harvest CSI 300 China A-Shares ETF"
          }
        ],
        "tracks": "csi-300",
        "tracks_note": null,
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 1.8,
      "size": {
        "usd": 1800000000,
        "basis": "net assets of the whole series, all share classes",
        "as_of": "2026-02-27",
        "form": "NPORT-P",
        "filed": null,
        "source": "SEC N-PORT data set",
        "series_lei": "549300KGVW9YY7MPVQ67",
        "series_name": "Xtrackers Harvest CSI 300 China A-Shares ETF",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 1.8
      }
    },
    {
      "id": "fidelity-government-mmf",
      "lei": "549300VZUKS6UD4H4866",
      "name": "Fidelity Government Money Market Fund",
      "symbol": "SPAXX",
      "type": "Money market fund",
      "manager": "Fidelity Investments",
      "manager_company": null,
      "strategy": "Government money market — stable $1.00 share price",
      "country": "united-states",
      "aum_usd_bn": 456.9,
      "description": "The largest money market fund in the United States, and the default cash sweep for millions of brokerage accounts. Money funds hold short government paper and aim to keep a share worth exactly one dollar — a promise that is not a guarantee, and whose failure in 2008 required a Treasury backstop for the whole industry.",
      "listed": false,
      "structure": {
        "listed": false,
        "dealing": "at NAV from the manager",
        "why": "A money market fund is bought and sold at net asset value with the fund company, not on an exchange. Its ticker is quoted through the Nasdaq mutual-fund quotation service, which distributes daily NAVs rather than trading shares.",
        "ticker": "SPAXX",
        "sec": {
          "cik": 754510,
          "series_id": "S000007051",
          "series_name": "Fidelity Government Money Market Fund",
          "class_id": "C000019230",
          "entity_name": "FIDELITY HEREFORD STREET TRUST"
        },
        "classes": [
          {
            "ticker": "SPAXX",
            "class_id": "C000019230",
            "name": "Fidelity Government Money Market Fund"
          },
          {
            "ticker": "FZAXX",
            "class_id": "C000154303",
            "name": "Capital Reserves Class"
          },
          {
            "ticker": "FZBXX",
            "class_id": "C000154304",
            "name": "Daily Money Class"
          },
          {
            "ticker": "FZCXX",
            "class_id": "C000154305",
            "name": "Premium Class"
          },
          {
            "ticker": "FZGXX",
            "class_id": "C000190683",
            "name": "Advisor M Class"
          },
          {
            "ticker": "FNBXX",
            "class_id": "C000198393",
            "name": "Class K6"
          },
          {
            "ticker": "FZSXX",
            "class_id": "C000232685",
            "name": "Class S"
          }
        ],
        "tracks": null,
        "tracks_note": "Holds short-dated government paper and aims to keep a share worth exactly $1.00 — the stable price it reported to the SEC. That is a target, not a guarantee.",
        "route": "SEC series/class",
        "listing": null
      },
      "aum_seed_usd_bn": 456.9,
      "size": {
        "usd": 456934720656,
        "basis": "net assets of the whole series, all seven share classes",
        "as_of": "2026-07-31",
        "form": "N-MFP",
        "filed": null,
        "source": "SEC N-MFP data set",
        "series_lei": "549300VZUKS6UD4H4866",
        "series_name": "Fidelity Government Money Market Fund",
        "url": "https://www.sec.gov/data-research/sec-markets-data/dera-form-n-mfp-data-sets",
        "note": "Money market funds file N-MFP monthly rather than N-PORT quarterly, so this figure is both from a different form and more current than the rest of the table.",
        "usd_bn": 456.9
      }
    },
    {
      "id": "growth-fund-of-america",
      "lei": "VOJHP0RJPD2FRCAXQJ44",
      "name": "The Growth Fund of America",
      "symbol": "AGTHX",
      "type": "Mutual fund",
      "manager": "Capital Group (American Funds)",
      "manager_company": null,
      "strategy": "Actively managed US growth equity",
      "country": "united-states",
      "aum_usd_bn": 328,
      "description": "One of the largest actively managed equity funds in the world and a fixture of American retirement accounts since 1973. It is sold in twenty-one share classes, which is what a fund distributed through advisers, retirement plans and direct channels at once ends up looking like.",
      "listed": false,
      "structure": {
        "listed": false,
        "dealing": "at NAV from the manager",
        "why": "An open-end mutual fund: shares are created and redeemed at net asset value with the fund company rather than traded on an exchange.",
        "ticker": "AGTHX",
        "sec": {
          "cik": 44201,
          "series_id": "S000009228",
          "series_name": "Growth Fund of America",
          "class_id": "C000025064",
          "entity_name": "GROWTH FUND OF AMERICA"
        },
        "classes": [
          {
            "ticker": "AGTHX",
            "class_id": "C000025064",
            "name": "Class A"
          },
          {
            "ticker": "GFACX",
            "class_id": "C000025071",
            "name": "Class C"
          },
          {
            "ticker": "GFAFX",
            "class_id": "C000025072",
            "name": "Class F-1"
          },
          {
            "ticker": "RGAAX",
            "class_id": "C000025065",
            "name": "Class R-1"
          },
          {
            "ticker": "RGABX",
            "class_id": "C000025066",
            "name": "Class R-2"
          },
          {
            "ticker": "RGACX",
            "class_id": "C000025067",
            "name": "Class R-3"
          },
          {
            "ticker": "RGAEX",
            "class_id": "C000025068",
            "name": "Class R-4"
          },
          {
            "ticker": "RGAFX",
            "class_id": "C000025069",
            "name": "Class R-5"
          }
        ],
        "classes_note": "Twenty-one classes in total; the eight most widely held are listed.",
        "tracks": null,
        "tracks_note": "Actively managed — it tracks no index.",
        "route": "SEC series/class",
        "listing": null
      },
      "aum_seed_usd_bn": 328,
      "size": {
        "usd": 328000000000,
        "basis": "net assets of the whole series, all twenty-one share classes",
        "as_of": "2026-02-28",
        "form": "NPORT-P",
        "filed": null,
        "source": "SEC N-PORT data set",
        "series_lei": null,
        "series_name": "Growth Fund of America",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 328
      }
    },
    {
      "id": "vanguard-target-2035",
      "lei": "G1WRFPLZZ155XL7YVZ96",
      "name": "Vanguard Target Retirement 2035 Fund",
      "symbol": "VTTHX",
      "type": "Target-date fund",
      "manager": "Vanguard",
      "manager_company": null,
      "strategy": "Fund of funds with an allocation that shifts from equities to bonds as 2035 approaches",
      "country": "united-states",
      "aum_usd_bn": 118.6,
      "description": "The default investment for a large share of US retirement savers, who are enrolled into it automatically. It holds other funds rather than securities, and rebalances toward bonds each year on a published glide path — a portfolio that changes shape on a schedule rather than on a view.",
      "listed": false,
      "structure": {
        "listed": false,
        "dealing": "at NAV from the manager",
        "why": "An open-end mutual fund, bought at net asset value from the manager. It is most often reached through an employer retirement plan rather than a brokerage.",
        "ticker": "VTTHX",
        "sec": {
          "cik": 752177,
          "series_id": "S000002573",
          "series_name": "Vanguard Target Retirement 2035 Fund",
          "class_id": "C000007076",
          "entity_name": "VANGUARD CHESTER FUNDS"
        },
        "classes": [
          {
            "ticker": "VTTHX",
            "class_id": "C000007076",
            "name": "Investor Shares"
          }
        ],
        "tracks": null,
        "tracks_note": "Holds other Vanguard index funds rather than securities directly, and shifts the mix from equities toward bonds each year along a published glide path.",
        "route": "SEC series/class",
        "listing": null
      },
      "aum_seed_usd_bn": 118.6,
      "size": {
        "usd": 118600000000,
        "basis": "net assets of the whole series",
        "as_of": "2026-03-31",
        "form": "NPORT-P",
        "filed": null,
        "source": "SEC N-PORT data set",
        "series_lei": null,
        "series_name": "Vanguard Target Retirement 2035 Fund",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 118.6
      }
    },
    {
      "id": "proshares-ultrapro-qqq",
      "lei": "03026FQTQRJ0JSTBI779",
      "name": "ProShares UltraPro QQQ",
      "symbol": "TQQQ",
      "type": "ETF",
      "manager": "ProShares",
      "manager_company": null,
      "strategy": "Three times the DAILY return of the Nasdaq-100, reset every day",
      "country": "united-states",
      "aum_usd_bn": 27.3,
      "description": "A leveraged fund that targets three times the Nasdaq-100's return for one day, then resets. Over any longer period the result is not three times the index: compounding a daily multiple makes the outcome depend on the path prices took, not just where they ended.",
      "listed": true,
      "structure": {
        "listed": true,
        "dealing": "exchange",
        "ticker": "TQQQ",
        "listing": {
          "market": "nasdaq",
          "segment_mic": "XNMS",
          "venue_name": "Nasdaq Global Market",
          "ticker": "TQQQ",
          "currency": "USD"
        },
        "sec": {
          "cik": 1174610,
          "series_id": "S000024908",
          "series_name": "ProShares UltraPro QQQ",
          "class_id": "C000074098",
          "entity_name": "PROSHARES TRUST"
        },
        "classes": [
          {
            "ticker": "TQQQ",
            "class_id": "C000074098",
            "name": "ProShares UltraPro QQQ"
          }
        ],
        "tracks": null,
        "tracks_note": "Targets three times the Nasdaq-100's DAILY return and resets each day, so it is deliberately not linked to the index as a tracker: over any longer window its return is not three times the index's, it depends on the path.",
        "route": "SEC series/class"
      },
      "aum_seed_usd_bn": 27.3,
      "size": {
        "usd": 27300000000,
        "basis": "net assets of the whole series",
        "as_of": "2026-02-28",
        "form": "NPORT-P",
        "filed": null,
        "source": "SEC N-PORT data set",
        "series_lei": null,
        "series_name": "ProShares UltraPro QQQ",
        "url": "https://www.sec.gov/data-research/sec-markets-data/form-n-port-data-sets",
        "usd_bn": 27.3
      }
    }
  ]
}