Invesco MSCI Global Timber ETF (CUT) Holdings
CUT holdings summary
as of Oct 25, 2026- Holdings
- 51 positions listed
- Top 10 weight
- 50.4% of net assets
- Effective holdings
- 26 equal-weight equivalent
- Largest holding
- SCA.B 5.95% Svenska Cellulosa Aktiebolaget SCA…
- Annual turnover
- 0.0% of the portfolio traded
All CUT holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | SCA-B | Svenska Cellulosa Aktiebolaget SCA (publ) | Basic Materials | 5.95% | $1.8M | — | — |
| 2 | STERV | Stora Enso Oyj R | Consumer Cyclical | 5.32% | $1.6M | — | — |
| 3 | UPM | UPM-Kymmene Oyj | Basic Materials | 5.32% | $1.6M | — | — |
| 4 | AMCR | Amcor plc | Consumer Cyclical | 5.29% | $1.6M | $20.26B | 18.4 |
| 5 | AVY | Avery Dennison Corporation | Consumer Cyclical | 5.27% | $1.6M | $13.29B | 19.2 |
| 6 | PKG | Packaging Corporation of America | Consumer Cyclical | 5.14% | $1.5M | $21.03B | 30.7 |
| 7 | SW | Smurfit WestRock plc | Consumer Cyclical | 4.66% | $1.4M | $21.59B | 43.3 |
| 8 | SUZB3 | Suzano S.A. | Basic Materials | 4.58% | $1.4M | — | — |
| 9 | IP | International Paper Company | Consumer Cyclical | 4.47% | $1.3M | $18.03B | — |
| 10 | RYN | Rayonier Inc. | Real Estate | 4.41% | $1.3M | $5.68B | 41.3 |
| 11 | WY | Weyerhaeuser Company | Real Estate | 4.34% | $1.3M | $14.13B | 30.2 |
| 12 | SON | Sonoco Products Company | Consumer Cyclical | 4.24% | $1.3M | $4.92B | 7.7 |
| 13 | SIGN | SIG Combibloc Group AG | Consumer Cyclical | 3.96% | $1.2M | — | — |
| 14 | MNDI | Mondi PLC | Basic Materials | 3.88% | $1.1M | — | — |
| 15 | 3861 | Oji Holdings Corp. | Basic Materials | 3.08% | $913,235.75 | — | — |
| 16 | WFT | West Fraser Timber Co. Ltd | Basic Materials | 3.07% | $909,089.39 | — | — |
| 17 | HUH1V | Huhtamaki Oyj | Consumer Cyclical | 2.39% | $707,280.14 | — | — |
| 18 | KLBN11 | Klabin S.A. | Basic Materials | 2.28% | $675,027.38 | — | — |
| 19 | GPK | Graphic Packaging Holding Company | Consumer Cyclical | 2.27% | $672,450.72 | $2.54B | 13.0 |
| 20 | HOLM-B | Holmen AB (publ) | Basic Materials | 1.95% | $578,831.83 | — | — |
| 21 | SJ | Stella-Jones Inc. | Basic Materials | 1.94% | $575,455.51 | — | — |
| 22 | 3941 | Rengo Co Ltd | Consumer Cyclical | 1.68% | $496,822.76 | — | — |
| 23 | BILL | Billerud AB | Basic Materials | 1.65% | $488,707.74 | — | — |
| 24 | SLVM | Sylvamo Corporation | Basic Materials | 0.91% | $268,624.88 | $1.30B | 17.4 |
| 25 | 2689 | Nine Dragons Paper Holdings | Basic Materials | 0.87% | $258,229.37 | — | — |
| 26 | CMPC | Empresas CMPC | Basic Materials | 0.86% | $254,971.51 | — | — |
| 27 | CAS | Cascades Inc. | Consumer Cyclical | 0.84% | $250,055.12 | — | — |
| 28 | 1907 | YFY Inc | Basic Materials | 0.76% | $225,858.14 | — | — |
| 29 | 5Y7 | SCG PACKAGING -NVDR- BA1 | Consumer Cyclical | 0.76% | $224,466.15 | — | — |
| 30 | 3863 | Nippon Paper Industries Co. Ltd. | Basic Materials | 0.68% | $200,920.75 | — | — |
| 31 | DTEX3 | Duratex S.A | Basic Materials | 0.65% | $192,746.50 | — | — |
| 32 | NVG | The Navigator Company SA | Basic Materials | 0.63% | $185,223.82 | — | — |
| 33 | CFP | Canfor Corporation | Basic Materials | 0.53% | $157,739.38 | — | — |
| 34 | MMK | Mayr-Melnhof Karton AG | Consumer Cyclical | 0.51% | $151,016.35 | — | — |
| 35 | INKP | Indah Kiat Pulp & Paper Tbk | Basic Materials | 0.47% | $137,896.08 | — | — |
| 36 | 3880 | Daio Paper Corp | Basic Materials | 0.46% | $134,964.01 | — | — |
| 37 | ELO | Elopak AS | Consumer Cyclical | 0.43% | $127,974.43 | — | — |
| 38 | 2314 | Lee & Man Paper Manufacturing Ltd | Basic Materials | 0.42% | $125,101.60 | — | — |
| 39 | 1904 | Cheng Loong Corp | Basic Materials | 0.41% | $122,347.23 | — | — |
| 40 | METSB | Metsa Board Oyj B | Consumer Cyclical | 0.41% | $120,955.24 | — | — |
| 41 | 3865 | Hokuetsu Kishu Paper Co. Ltd. | Basic Materials | 0.37% | $109,315.82 | — | — |
| 42 | CENTURYPLY | Century Plyboards (India) Limited | Basic Materials | 0.31% | $90,716.43 | — | — |
| 43 | SEM | Semapa | Basic Materials | 0.27% | $79,639.73 | — | — |
| 44 | 002078 | Shan Dong Sun Paper Industry Joint Stock Co Ltd | Basic Materials | 0.27% | $79,106.62 | — | — |
| 45 | ENC | ENCE Energía y Celulosa S.A | Basic Materials | 0.23% | $67,526.43 | — | — |
| 46 | JKPAPER | JK PAPER LTD. | Basic Materials | 0.22% | $66,015.97 | — | — |
| 47 | AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | Other | 0.22% | $65,719.80 | — | — |
| 48 | 2300 | Saudi Paper Manufacturing Co. | Basic Materials | 0.21% | $62,995.05 | — | — |
| 49 | ALTR | Altri SGPS SA | Basic Materials | 0.20% | $59,381.80 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($29.6M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
CUT sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Consumer Cyclical | 47.6% | 16 | STERV, AMCR, AVY |
| Basic Materials | 43.4% | 30 | SCA-B, UPM, SUZB3 |
| Real Estate | 8.8% | 2 | RYN, WY |
| Other | 0.2% | 1 | AGPXX |
Sum of the weights of the holdings in each sector.
CUT top industries
CUT overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 0.2% | 37 of 8,035 | 0.05% |
| SPY | SPDR S&P 500 ETF | 0.2% | 6 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 0.1% | 10 of 2,941 | 0.03% |
| IWM | iShares Russell 2000 ETF | 0.0% | 1 of 1,962 | 0.19% |
| 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 CUT portfolio
Invesco MSCI Global Timber ETF holds 51 positions. The ten largest make up 50.4% of the fund, so it behaves like a portfolio of about 26 equally weighted positions. The biggest positions are Svenska Cellulosa Aktiebolaget SCA (publ) (5.95%), Stora Enso Oyj R (5.32%), UPM-Kymmene Oyj (5.32%), Amcor plc (5.29%), Avery Dennison Corporation (5.27%).
By sector, Consumer Cyclical is 47.6%, Basic Materials is 43.4%, Real Estate is 8.8%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: CUT chart, CUT performance, CUT dividends, CUT overview.
CUT holdings FAQ
How many holdings does CUT have?
CUT holds 51 positions as of October 25, 2026.
What are the top 10 holdings of CUT?
The ten largest holdings are Svenska Cellulosa Aktiebolaget SCA (publ) (5.95%), Stora Enso Oyj R (5.32%), UPM-Kymmene Oyj (5.32%), Amcor plc (5.29%), Avery Dennison Corporation (5.27%), Packaging Corporation of America (5.14%), Smurfit WestRock plc (4.66%), Suzano S.A. (4.58%), International Paper Company (4.47%), Rayonier Inc. (4.41%). Together they are 50.4% of the fund.
What percentage of CUT is Svenska Cellulosa Aktiebolaget SCA (publ)?
Svenska Cellulosa Aktiebolaget SCA (publ) is the largest holding at 5.95% of net assets, about $1.8M of the fund's $29.6M.
Which sector is the largest in CUT?
Consumer Cyclical is the largest sector at 47.6%, followed by Basic Materials (43.4%) and Real Estate (8.8%), based on the sectors of the individual holdings.
How concentrated is CUT?
The top 10 holdings are 50.4% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) CUT behaves like a portfolio of about 26 equally weighted positions.