Atlas America Fund (USAF) Holdings
USAF holdings summary
as of Oct 24, 2026- Holdings
- 60 positions listed
- Top 10 weight
- 69.8% of net assets
- Effective holdings
- 17 equal-weight equivalent
- Largest holding
- VBIL 9.59% Vanguard 0-3 Month Treasury Bill ETF
- Annual turnover
- — of the portfolio traded
All USAF holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | VBIL | Vanguard 0-3 Month Treasury Bill ETF | Other | 9.59% | $1.5M | — | — |
| 2 | PDBA | Invesco Agriculture Commodity Strategy No K-1 ETF | Other | 9.45% | $1.5M | — | — |
| 3 | IAUM | iShares® Gold Trust Micro | Other | 8.15% | $1.3M | — | — |
| 4 | GLDM | SPDR® Gold MiniShares® | Other | 8.10% | $1.3M | — | — |
| 5 | STIP | iShares 0-5 Year TIPS Bond ETF | Other | 7.71% | $1.2M | — | — |
| 6 | VTIP | Vanguard Malvern Funds - Vanguard Short-Term Inflation-Protected Securities ETF | Other | 5.50% | $855,755.87 | — | — |
| 7 | SGOV | iShares 0-3 Month Treasury Bond ETF | Other | 5.48% | $852,428.50 | — | — |
| 8 | CLIP | Global X 1-3 Month T-Bill ETF | Other | 5.26% | $818,377.38 | — | — |
| 9 | SST_old | SPDR Blmbg Barclays ST Treasury ETF | Industrials | 5.25% | $815,920.72 | — | — |
| 10 | VGSH | Vanguard Scottsdale Funds - Vanguard Short-Term Treasury ETF | Other | 5.25% | $815,858.53 | — | — |
| 11 | HARD | Simplify Commodities Strategy No K-1 ETF | Other | 3.79% | $588,711.15 | — | — |
| 12 | TBF | ProShares Short 20+ Year Treasury | Other | 3.15% | $489,294.33 | — | — |
| 13 | BUG | Global X Cybersecurity ETF | Other | 2.88% | $448,308.60 | — | — |
| 14 | SHLD | Global X Defense Tech ETF | Other | 2.23% | $347,476.87 | — | — |
| 15 | XAR | SPDR® S&P Aerospace & Defense ETF | Other | 1.42% | $221,254.51 | — | — |
| 16 | AMT | American Tower Corporation | Real Estate | 1.33% | $206,048.13 | $86.33B | 25.5 |
| 17 | WELL | Welltower Inc. | Real Estate | 1.29% | $200,839.39 | $169.23B | 105.3 |
| 18 | IHAK | iShares Cybersecurity and Tech ETF | Other | 1.24% | $193,547.17 | — | — |
| 19 | DLR | Digital Realty Trust, Inc. | Real Estate | 1.20% | $185,897.33 | $66.46B | 85.4 |
| 20 | EQIX | Equinix, Inc. | Real Estate | 1.19% | $185,026.61 | $97.29B | 63.4 |
| 21 | O | Realty Income Corporation | Real Estate | 1.10% | $170,333.32 | $53.06B | 40.6 |
| 22 | EQR | Equity Residential | Real Estate | 1.07% | $165,870.92 | — | — |
| 23 | CCI | Crown Castle Inc. | Real Estate | 0.69% | $107,859.63 | $35.00B | 33.4 |
| 24 | ESS | Essex Property Trust, Inc. | Real Estate | 0.44% | $69,128.43 | $18.57B | 41.9 |
| 25 | SBAC | SBA Communications Corporation | Real Estate | 0.38% | $58,431.09 | $19.84B | 20.2 |
| 26 | DOC | Healthpeak Properties, Inc. | Real Estate | 0.30% | $47,407.24 | $13.46B | 54.2 |
| 27 | WPC | W. P. Carey Inc. | Real Estate | 0.30% | $46,396.59 | $14.84B | 22.3 |
| 28 | AHR | American Healthcare REIT, Inc. | Real Estate | 0.30% | $45,976.78 | $11.60B | 79.4 |
| 29 | UDR | UDR, Inc. | Real Estate | 0.23% | $36,150.16 | $12.59B | 21.7 |
| 30 | BXP | BXP, Inc. | Real Estate | 0.21% | $33,149.31 | $10.71B | 31.8 |
| 31 | FRT | Federal Realty Investment Trust | Real Estate | 0.19% | $29,744.19 | $9.29B | 21.5 |
| 32 | ADC | Agree Realty Corporation | Real Estate | 0.18% | $27,785.09 | $8.36B | 36.0 |
| 33 | ARE | Alexandria Real Estate Equities, Inc. | Real Estate | 0.17% | $27,147.60 | $7.16B | — |
| 34 | CTRE | CareTrust REIT, Inc. | Real Estate | 0.17% | $27,038.76 | $8.64B | 22.8 |
| 35 | STAG | STAG Industrial, Inc. | Real Estate | 0.15% | $24,100.11 | $7.05B | 27.6 |
| 36 | IAU | iShares Gold Trust | Other | 0.15% | $24,053.46 | — | — |
| 37 | VNO | Vornado Realty Trust | Real Estate | 0.14% | $21,690.09 | $6.52B | 823.2 |
| 38 | SBRA | Sabra Health Care REIT, Inc. | Real Estate | 0.11% | $17,771.88 | $4.94B | 77.4 |
| 39 | HASI | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | Financial Services | 0.10% | $15,455.16 | $4.68B | 56.0 |
| 40 | KRC | Kilroy Realty Corporation | Real Estate | 0.09% | $14,553.35 | $4.09B | 24.4 |
| 41 | CDP | COPT Defense Properties | Real Estate | 0.08% | $13,107.35 | $3.86B | 23.1 |
| 42 | GEI | SL Green Realty Corp | Real Estate | 0.07% | $11,599.15 | — | — |
| 43 | AKR | Acadia Realty Trust | Real Estate | 0.06% | $9,842.17 | $2.71B | 54.7 |
| 44 | DRH | DiamondRock Hospitality Company | Real Estate | 0.06% | $9,764.43 | $2.76B | 18.6 |
| 45 | LTC | LTC Properties, Inc. | Real Estate | 0.06% | $8,940.36 | $2.35B | 15.6 |
| 46 | PEB | Pebblebrook Hotel Trust | Real Estate | 0.05% | $8,520.55 | $2.19B | — |
| 47 | MCRI | Monarch Casino & Resort, Inc. | Consumer Cyclical | 0.05% | $8,116.29 | $2.04B | 18.2 |
| 48 | GNL | Global Net Lease, Inc. | Real Estate | 0.04% | $6,872.42 | $1.72B | — |
| 49 | UMH | UMH Properties, Inc. | Real Estate | 0.04% | $6,530.35 | $1.30B | 127.0 |
| 50 | CSU | Capital Senior Living Corporation | Healthcare | 0.04% | $5,768.48 | — | — |
| 51 | AAT | American Assets Trust, Inc. | Real Estate | 0.03% | $4,773.38 | $1.65B | 73.4 |
| 52 | IIPR | Innovative Industrial Properties, Inc. | Real Estate | 0.03% | $4,680.08 | $1.44B | 11.9 |
| 53 | CSR | Centerspace | Real Estate | 0.03% | $4,182.53 | $991.8M | 44.5 |
| 54 | ESRT | Empire State Realty Trust, Inc. | Real Estate | 0.02% | $3,653.89 | $1.42B | 231.0 |
| 55 | STRW | Strawberry Fields REIT LLC | Real Estate | 0.02% | $3,327.37 | $726.8M | 19.8 |
| 56 | CLDT | Chatham Lodging Trust | Real Estate | 0.02% | $3,031.95 | $688.0M | 175.6 |
| 57 | SVC | Service Properties Trust | Real Estate | 0.02% | $2,845.37 | $796.5M | — |
| 58 | JBGS | JBG SMITH Properties | Real Estate | 0.02% | $2,829.82 | $861.1M | — |
| 59 | SAFE | Safehold Inc. | Real Estate | 0.02% | $2,798.72 | $803.1M | 7.0 |
| 60 | GOOD | Gladstone Commercial Corporation | Real Estate | 0.01% | $1,290.52 | $608.9M | 49.9 |
Weights as a percentage of net assets. Value held = weight × net assets ($15.5M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
USAF sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Other | 79.4% | 16 | VBIL, PDBA, IAUM |
| Real Estate | 11.9% | 40 | AMT, WELL, DLR |
| Industrials | 5.2% | 1 | SST_old |
| Financial Services | 0.1% | 1 | HASI |
| Consumer Cyclical | 0.1% | 1 | MCRI |
| Healthcare | 0.0% | 1 | CSU |
Sum of the weights of the holdings in each sector.
USAF top industries
USAF overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| IWM | iShares Russell 2000 ETF | 1.0% | 21 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 1.0% | 43 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 1.0% | 14 of 502 | 0.09% |
| VXUS | Vanguard Total International Stock ETF | 0.1% | 6 of 8,035 | 0.05% |
| 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 USAF portfolio
Atlas America Fund holds 60 positions. The ten largest make up 69.8% of the fund and the top 50 96.5%, so it behaves like a portfolio of about 17 equally weighted positions. The biggest positions are Vanguard 0-3 Month Treasury Bill ETF (9.59%), Invesco Agriculture Commodity Strategy No K-1 ETF (9.45%), iShares® Gold Trust Micro (8.15%), SPDR® Gold MiniShares® (8.10%), iShares 0-5 Year TIPS Bond ETF (7.71%).
Holdings data is from the fund's latest portfolio as reported by EODHD on October 24, 2026; positions change as the fund rebalances.
Related: USAF chart, USAF performance, USAF dividends, USAF bond profile, USAF overview.
USAF holdings FAQ
How many holdings does USAF have?
USAF holds 60 positions as of October 24, 2026.
What are the top 10 holdings of USAF?
The ten largest holdings are Vanguard 0-3 Month Treasury Bill ETF (9.59%), Invesco Agriculture Commodity Strategy No K-1 ETF (9.45%), iShares® Gold Trust Micro (8.15%), SPDR® Gold MiniShares® (8.10%), iShares 0-5 Year TIPS Bond ETF (7.71%), Vanguard Malvern Funds - Vanguard Short-Term Inflation-Protected Securities ETF (5.50%), iShares 0-3 Month Treasury Bond ETF (5.48%), Global X 1-3 Month T-Bill ETF (5.26%), SPDR Blmbg Barclays ST Treasury ETF (5.25%), Vanguard Scottsdale Funds - Vanguard Short-Term Treasury ETF (5.25%). Together they are 69.8% of the fund.
What percentage of USAF is Vanguard 0-3 Month Treasury Bill ETF?
Vanguard 0-3 Month Treasury Bill ETF is the largest holding at 9.59% of net assets, about $1.5M of the fund's $15.5M.
How concentrated is USAF?
The top 10 holdings are 69.8% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) USAF behaves like a portfolio of about 17 equally weighted positions.