abrdn Focused U.S. Small Cap Active ETF (AFSC) Holdings
AFSC holdings summary
as of Oct 25, 2026- Holdings
- 40 positions listed
- Top 10 weight
- 32.5% of net assets
- Effective holdings
- 38 equal-weight equivalent
- Largest holding
- MMSI 3.56% Merit Medical Systems, Inc.
- Annual turnover
- — of the portfolio traded
All AFSC holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | MMSI | Merit Medical Systems, Inc. | Healthcare | 3.56% | $342,211.12 | $5.33B | 36.7 |
| 2 | AHR | American Healthcare REIT, Inc. | Real Estate | 3.50% | $335,994.86 | $11.60B | 79.4 |
| 3 | KNSA | Kiniksa Pharmaceuticals, Ltd. | Healthcare | 3.46% | $332,555.27 | $6.13B | 79.4 |
| 4 | MGY | Magnolia Oil & Gas Corporation | Energy | 3.32% | $319,430.99 | $6.96B | 11.1 |
| 5 | QTWO | Q2 Holdings, Inc. | Technology | 3.29% | $316,097.08 | $3.86B | 43.9 |
| 6 | KWR | Quaker Chemical Corporation | Basic Materials | 3.28% | $315,568.65 | $2.70B | 28.0 |
| 7 | LGND | Ligand Pharmaceuticals Incorporated | Healthcare | 3.14% | $301,973.59 | $5.89B | 31.1 |
| 8 | SBCF | Seacoast Banking Corporation of Florida | Financial Services | 2.99% | $287,264.03 | $3.15B | 21.0 |
| 9 | ABCB | Ameris Bancorp | Financial Services | 2.98% | $286,553.05 | $5.35B | 14.4 |
| 10 | WTFC | Wintrust Financial Corporation | Financial Services | 2.93% | $281,172.68 | $9.72B | 11.6 |
| 11 | SUPN | Supernus Pharmaceuticals, Inc. | Healthcare | 2.71% | $260,045.09 | $2.21B | — |
| 12 | ARQT | Arcutis Biotherapeutics, Inc. | Healthcare | 2.52% | $241,819.07 | $3.62B | 131.0 |
| 13 | AZZ | AZZ Inc. | Industrials | 2.40% | $231,010.28 | $3.89B | 23.3 |
| 14 | ATEC | Alphatec Holdings, Inc. | Healthcare | 2.37% | $227,810.88 | $1.62B | — |
| 15 | BANR | Banner Corporation | Financial Services | 2.37% | $227,407.35 | $2.48B | 11.2 |
| 16 | COCO_old | Corinthian Colleges Inc | Consumer Defensive | 2.35% | $225,380.10 | — | — |
| 17 | ANIP | ANI Pharmaceuticals, Inc. | Healthcare | 2.33% | $223,842.85 | $1.66B | 15.6 |
| 18 | SKWD | Skyward Specialty Insurance Group, Inc. | Financial Services | 2.33% | $223,823.63 | $2.72B | 14.2 |
| 19 | DCO | Ducommun Incorporated | Industrials | 2.32% | $222,891.68 | $2.58B | — |
| 20 | SNEX | StoneX Group Inc. | Financial Services | 2.30% | $220,537.76 | $6.89B | 18.9 |
| 21 | HLIO | Helios Technologies, Inc. | Industrials | 2.25% | $216,137.38 | $2.23B | 31.6 |
| 22 | OSW | OneSpaWorld Holdings Limited | Consumer Cyclical | 2.20% | $211,237.40 | $2.42B | 30.2 |
| 23 | PI | Impinj, Inc. | Technology | 2.18% | $209,575.25 | $5.36B | — |
| 24 | CWST | Casella Waste Systems, Inc. | Industrials | 2.17% | $208,479.96 | $5.60B | 977.8 |
| 25 | BLBD | Blue Bird Corporation | Industrials | 2.13% | $204,982.71 | $1.95B | 6.8 |
| 26 | PJT | PJT Partners Inc. | Financial Services | 2.10% | $201,735.27 | $5.84B | 18.7 |
| 27 | KN | Knowles Corporation | Technology | 2.09% | $200,985.86 | $2.86B | 39.9 |
| 28 | CARG | CarGurus, Inc. | Communication Services | 2.06% | $197,575.09 | $2.70B | 16.1 |
| 29 | ECG | Everus Construction Group Inc | Industrials | 2.04% | $196,220.39 | $5.60B | 22.1 |
| 30 | BOOT | Boot Barn Holdings, Inc. | Consumer Cyclical | 2.02% | $193,741.57 | $3.69B | 15.4 |
| 31 | GTX | Garrett Motion Inc. | Consumer Cyclical | 2.01% | $192,751.96 | $4.56B | 13.4 |
| 32 | MTRN | Materion Corporation | Basic Materials | 1.96% | $188,024.92 | $5.11B | 57.2 |
| 33 | EAT | Brinker International, Inc. | Consumer Cyclical | 1.90% | $182,529.25 | $8.55B | 18.8 |
| 34 | ARCB | ArcBest Corporation | Industrials | 1.76% | $169,366.55 | $2.91B | 188.4 |
| 35 | COHU | Cohu, Inc. | Technology | 1.73% | $166,647.53 | $2.41B | — |
| 36 | FROG | JFrog Ltd. | Technology | 1.69% | $162,842.84 | $10.40B | — |
| 37 | TVTX | Travere Therapeutics, Inc. | Healthcare | 1.69% | $162,429.70 | $4.61B | — |
| 38 | CHEF | The Chefs' Warehouse, Inc. | Consumer Defensive | 1.46% | $140,379.77 | $4.63B | 54.1 |
| 39 | NPO | EnPro Industries, Inc. | Industrials | 1.44% | $138,765.66 | $5.95B | 136.4 |
| 40 | VIAV | Viavi Solutions Inc. | Technology | 1.35% | $129,253.92 | $8.21B | — |
Weights as a percentage of net assets. Value held = weight × net assets ($9.6M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
AFSC sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Healthcare | 21.8% | 8 | MMSI, KNSA, LGND |
| Financial Services | 18.0% | 7 | SBCF, ABCB, WTFC |
| Industrials | 16.5% | 8 | AZZ, DCO, HLIO |
| Technology | 12.3% | 6 | QTWO, PI, KN |
| Consumer Cyclical | 8.1% | 4 | OSW, BOOT, GTX |
| Basic Materials | 5.2% | 2 | KWR, MTRN |
| Consumer Defensive | 3.8% | 2 | COCO_old, CHEF |
| Real Estate | 3.5% | 1 | AHR |
| Energy | 3.3% | 1 | MGY |
| Communication Services | 2.1% | 1 | CARG |
Sum of the weights of the holdings in each sector.
AFSC top industries
AFSC overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| IWM | iShares Russell 2000 ETF | 4.7% | 35 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.2% | 38 of 2,941 | 0.03% |
| VXUS | Vanguard Total International Stock ETF | 0.0% | 0 of 8,035 | 0.05% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the AFSC portfolio
abrdn Focused U.S. Small Cap Active ETF holds 40 positions. The ten largest make up 32.5% of the fund, so it behaves like a portfolio of about 38 equally weighted stocks. The biggest positions are Merit Medical Systems, Inc. (3.56%), American Healthcare REIT, Inc. (3.50%), Kiniksa Pharmaceuticals, Ltd. (3.46%), Magnolia Oil & Gas Corporation (3.32%), Q2 Holdings, Inc. (3.29%).
By sector, Healthcare is 21.8%, Financial Services is 18.0%, Industrials is 16.5%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: AFSC chart, AFSC performance, AFSC dividends, AFSC valuation, AFSC overview.
AFSC holdings FAQ
How many holdings does AFSC have?
AFSC holds 40 positions as of October 25, 2026.
What are the top 10 holdings of AFSC?
The ten largest holdings are Merit Medical Systems, Inc. (3.56%), American Healthcare REIT, Inc. (3.50%), Kiniksa Pharmaceuticals, Ltd. (3.46%), Magnolia Oil & Gas Corporation (3.32%), Q2 Holdings, Inc. (3.29%), Quaker Chemical Corporation (3.28%), Ligand Pharmaceuticals Incorporated (3.14%), Seacoast Banking Corporation of Florida (2.99%), Ameris Bancorp (2.98%), Wintrust Financial Corporation (2.93%). Together they are 32.5% of the fund.
What percentage of AFSC is Merit Medical Systems, Inc.?
Merit Medical Systems, Inc. is the largest holding at 3.56% of net assets, about $342,211.12 of the fund's $9.6M.
Which sector is the largest in AFSC?
Healthcare is the largest sector at 21.8%, followed by Financial Services (18.0%) and Industrials (16.5%), based on the sectors of the individual holdings.
How concentrated is AFSC?
The top 10 holdings are 32.5% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) AFSC behaves like a portfolio of about 38 equally weighted stocks.