{
 "ok": true,
 "schema": "pops4.edgar.etf/1",
 "ticker": "XLV",
 "actuarial": {
  "top10Weight": 61.5,
  "effectiveHoldings": 16.2,
  "largestSector": {
   "name": "Health care",
   "shareOfChecked": 93.9
  },
  "sectorMix": [
   {
    "name": "Health care",
    "weight": 91.6,
    "shareOfChecked": 93.9
   },
   {
    "name": "Industrials & services",
    "weight": 5.5,
    "shareOfChecked": 5.6
   },
   {
    "name": "Technology & communications",
    "weight": 0.5,
    "shareOfChecked": 0.5
   }
  ],
  "revenueRange": {
   "weightedHalfWidth": 15.8,
   "coverage": 31,
   "meaning": "weighted average half-width of Edgarette’s 80% revenue ranges (method v4.1, tested on an unseen year) for the holdings she covers; wider = harder to predict"
  },
  "warningShare": 6.3,
  "checkedShare": 97.5,
  "speedCash": {
   "coverage": 97.5,
   "cashConversion": 20.8,
   "growth3y": 9.8,
   "dividendPayers": 74.6,
   "dividendRaisers": 69.1,
   "equityRatio": 34.2,
   "liabilitiesOverAssets": 12.2,
   "quadrants": {
    "fs": 43.6,
    "ss": 20.8,
    "fj": 20.7,
    "sj": 14.9
   },
   "compass": {
    "now": 17.7,
    "later": 25.5,
    "notyet": 17.1,
    "steady": 8,
    "fading": 5.5,
    "between": 26.2
   },
   "meaning": "weighted by the fund’s holdings, from each company’s own audited filings (SEC XBRL, fiscal 2025); shares are of the covered weight"
  },
  "harbor": {
   "signs": [
    {
     "key": "warning",
     "text": "6.3% of the fund in companies with warning filings"
    },
    {
     "key": "balance",
     "text": "12.2% in companies whose liabilities exceed assets"
    },
    {
     "key": "concentration",
     "text": "the 10 largest holdings are 61.5% of the fund"
    }
   ],
   "rule": "Boat condition = number of warning signs: warning filings ≥ 5% of the fund; liabilities over assets ≥ 10%; slow and jumpy ≥ 30%; top 10 ≥ 60%; revenue ranges ≥ ±20%.",
   "level": 3,
   "name": "Old boat",
   "plain": "three warning signs"
  }
 },
 "risks": [
  "Concentrated: the 10 largest holdings are 61.5% of the fund.",
  "Behaves like about 16 equal holdings (effective number), so a few companies drive the result.",
  "Sector concentration: 93.9% of the checked holdings are Health care.",
  "6.3% of the fund is in companies that filed warning events in the last 12 months.",
  "12.2% of the covered fund is in companies whose liabilities exceed their assets (often from years of share buybacks, not always distress).",
  "Holdings are as of 2026-06-30; the fund may have changed since."
 ],
 "fund": "State Street(R) Health Care Select Sector SPDR(R) ETF",
 "trust": "SELECT SECTOR SPDR TRUST",
 "asOf": "2026-06-30",
 "filed": "2026-08-28",
 "source": {
  "holdingsReport": "https://www.sec.gov/Archives/edgar/data/1064641/000141036826089348/0001410368-26-089348-index.htm",
  "form": "N-PORT-P"
 },
 "holdings": {
  "all": 65,
  "stocks": 59,
  "stockWeight": 99.7,
  "matchedWeight": 97.5
 },
 "healthWatch": {
  "checked": {
   "holdings": 58,
   "weight": 97.5,
   "rule": "the 100 largest stock holdings matched to an SEC filer"
  },
  "flaggedWeight": 6.3,
  "flaggedMeaning": "share of the fund in checked holdings that filed a late-filing notice, bankruptcy, debt trigger, non-reliance, auditor change, restructuring, impairment or cyber incident in the last 12 months (leadership changes and listing notices or transfers are listed but not counted)",
  "bySignal": [
   {
    "code": "5.02",
    "label": "Director or officer change",
    "holdings": 53,
    "weight": 81
   },
   {
    "code": "1.05",
    "label": "Cybersecurity incident",
    "holdings": 3,
    "weight": 4.9
   },
   {
    "code": "2.05",
    "label": "Restructuring or exit costs",
    "holdings": 3,
    "weight": 1.8
   },
   {
    "code": "4.01",
    "label": "Auditor change",
    "holdings": 2,
    "weight": 0.7
   }
  ]
 },
 "top": [
  {
   "name": "Eli Lilly & Co",
   "cik": 59478,
   "ticker": "LLY",
   "pct": 16.511,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 1,
     "latest": {
      "filed": "2025-11-21",
      "url": "https://www.sec.gov/Archives/edgar/data/59478/000005947825000271/0000059478-25-000271-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fj",
   "compass": "later"
  },
  {
   "name": "Johnson & Johnson",
   "cik": 200406,
   "ticker": "JNJ",
   "pct": 10.638,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 1,
     "latest": {
      "filed": "2026-08-04",
      "url": "https://www.sec.gov/Archives/edgar/data/200406/000020040626000167/0000200406-26-000167-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 16.5,
   "quadrant": "fs",
   "compass": "between"
  },
  {
   "name": "AbbVie Inc",
   "cik": 1551152,
   "ticker": "ABBV",
   "pct": 7.736,
   "signals": [],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "steady"
  },
  {
   "name": "UnitedHealth Group Inc",
   "cik": 731766,
   "ticker": "UNH",
   "pct": 6.568,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-03-02",
      "url": "https://www.sec.gov/Archives/edgar/data/731766/000073176626000064/0000731766-26-000064-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 17.9,
   "quadrant": "fs",
   "compass": "notyet"
  },
  {
   "name": "Merck & Co Inc",
   "cik": 310158,
   "ticker": "MRK",
   "pct": 5.523,
   "signals": [],
   "sector": "Health care",
   "quadrant": "sj",
   "compass": "between"
  },
  {
   "name": "Amgen Inc",
   "cik": 318154,
   "ticker": "AMGN",
   "pct": 3.401,
   "signals": [
    {
     "code": "1.05",
     "label": "Cybersecurity incident",
     "count": 1,
     "latest": {
      "filed": "2026-07-31",
      "url": "https://www.sec.gov/Archives/edgar/data/318154/000031815426000119/0000318154-26-000119-index.htm"
     }
    },
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-05-19",
      "url": "https://www.sec.gov/Archives/edgar/data/318154/000031815426000097/0000318154-26-000097-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "now"
  },
  {
   "name": "Thermo Fisher Scientific Inc",
   "cik": 97745,
   "ticker": "TMO",
   "pct": 3.242,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 1,
     "latest": {
      "filed": "2026-01-12",
      "url": "https://www.sec.gov/Archives/edgar/data/97745/000114036126000871/0001140361-26-000871-index.htm"
     }
    }
   ],
   "sector": "Industrials & services",
   "quadrant": "sj",
   "compass": "between"
  },
  {
   "name": "Abbott Laboratories",
   "cik": 1800,
   "ticker": "ABT",
   "pct": 2.75,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-04-27",
      "url": "https://www.sec.gov/Archives/edgar/data/1800/000110465926049434/0001104659-26-049434-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "now"
  },
  {
   "name": "Gilead Sciences Inc",
   "cik": 882095,
   "ticker": "GILD",
   "pct": 2.73,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 1,
     "latest": {
      "filed": "2025-11-19",
      "url": "https://www.sec.gov/Archives/edgar/data/882095/000110465925113968/0001104659-25-113968-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "now"
  },
  {
   "name": "Intuitive Surgical Inc",
   "cik": 1035267,
   "ticker": "ISRG",
   "pct": 2.451,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-05-28",
      "url": "https://www.sec.gov/Archives/edgar/data/1035267/000103526726000042/0001035267-26-000042-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Pfizer Inc",
   "cik": 78003,
   "ticker": "PFE",
   "pct": 2.388,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 1,
     "latest": {
      "filed": "2026-06-18",
      "url": "https://www.sec.gov/Archives/edgar/data/78003/000007800326000085/0000078003-26-000085-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "sj",
   "compass": "fading"
  },
  {
   "name": "CVS Health Corp",
   "cik": 64803,
   "ticker": "CVS",
   "pct": 2.297,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-08-17",
      "url": "https://www.sec.gov/Archives/edgar/data/64803/000119312526354096/0001193125-26-354096-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "notyet"
  },
  {
   "name": "Vertex Pharmaceuticals Inc",
   "cik": null,
   "ticker": null,
   "pct": 2.194
  },
  {
   "name": "Danaher Corp",
   "cik": 313616,
   "ticker": "DHR",
   "pct": 2.088,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-08-03",
      "url": "https://www.sec.gov/Archives/edgar/data/313616/000119312526330652/0001193125-26-330652-index.htm"
     }
    }
   ],
   "sector": "Industrials & services",
   "rangeHalfWidth": 16.5,
   "quadrant": "sj",
   "compass": "fading"
  },
  {
   "name": "Bristol-Myers Squibb Co",
   "cik": 14272,
   "ticker": "BMY",
   "pct": 2.047,
   "signals": [],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "now"
  },
  {
   "name": "Stryker Corp",
   "cik": 310764,
   "ticker": "SYK",
   "pct": 1.89,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-05-20",
      "url": "https://www.sec.gov/Archives/edgar/data/310764/000119312526232643/0001193125-26-232643-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "now"
  },
  {
   "name": "Medtronic PLC",
   "cik": 1613103,
   "ticker": "MDT",
   "pct": 1.748,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-05-18",
      "url": "https://www.sec.gov/Archives/edgar/data/1613103/000162828026035959/0001628280-26-035959-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 17.9,
   "quadrant": "fs",
   "compass": "now"
  },
  {
   "name": "McKesson Corp",
   "cik": 927653,
   "ticker": "MCK",
   "pct": 1.58,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-07-01",
      "url": "https://www.sec.gov/Archives/edgar/data/927653/000092765326000185/0000927653-26-000185-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 17.9,
   "quadrant": "fs",
   "compass": "notyet"
  },
  {
   "name": "Elevance Health Inc",
   "cik": 1156039,
   "ticker": "ELV",
   "pct": 1.461,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-02-26",
      "url": "https://www.sec.gov/Archives/edgar/data/1156039/000115603926000019/0001156039-26-000019-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 17.9,
   "quadrant": "fs",
   "compass": "notyet"
  },
  {
   "name": "Cigna Group/The",
   "cik": 1739940,
   "ticker": "CI",
   "pct": 1.269,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-03-03",
      "url": "https://www.sec.gov/Archives/edgar/data/1739940/000114036126007450/0001140361-26-007450-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fj",
   "compass": "notyet"
  },
  {
   "name": "Boston Scientific Corp",
   "cik": 885725,
   "ticker": "BSX",
   "pct": 1.104,
   "signals": [
    {
     "code": "2.05",
     "label": "Restructuring or exit costs",
     "count": 1,
     "latest": {
      "filed": "2026-07-27",
      "url": "https://www.sec.gov/Archives/edgar/data/885725/000088572526000049/0000885725-26-000049-index.htm"
     }
    },
    {
     "code": "1.05",
     "label": "Cybersecurity incident",
     "count": 1,
     "latest": {
      "filed": "2026-09-08",
      "url": "https://www.sec.gov/Archives/edgar/data/885725/000088572526000059/0000885725-26-000059-index.htm"
     }
    },
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 5,
     "latest": {
      "filed": "2026-09-23",
      "url": "https://www.sec.gov/Archives/edgar/data/885725/000088572526000061/0000885725-26-000061-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 8.1,
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Regeneron Pharmaceuticals Inc",
   "cik": 872589,
   "ticker": "REGN",
   "pct": 1.084,
   "signals": [],
   "sector": "Health care",
   "quadrant": "fj",
   "compass": "between"
  },
  {
   "name": "HCA Healthcare Inc",
   "cik": 860730,
   "ticker": "HCA",
   "pct": 1.054,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-06-18",
      "url": "https://www.sec.gov/Archives/edgar/data/860730/000119312526275086/0001193125-26-275086-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Cardinal Health Inc",
   "cik": 721371,
   "ticker": "CAH",
   "pct": 0.968,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-08-05",
      "url": "https://www.sec.gov/Archives/edgar/data/721371/000072137126000026/0000721371-26-000026-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 8.7,
   "quadrant": "fs",
   "compass": "notyet"
  },
  {
   "name": "Cencora Inc",
   "cik": 1140859,
   "ticker": "COR",
   "pct": 0.958,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 6,
     "latest": {
      "filed": "2026-09-25",
      "url": "https://www.sec.gov/Archives/edgar/data/1140859/000110465926110624/0001104659-26-110624-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "notyet"
  },
  {
   "name": "Edwards Lifesciences Corp",
   "cik": 1099800,
   "ticker": "EW",
   "pct": 0.906,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-08-28",
      "url": "https://www.sec.gov/Archives/edgar/data/1099800/000109980026000048/0001099800-26-000048-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 16.3,
   "quadrant": "fj",
   "compass": "later"
  },
  {
   "name": "Humana Inc",
   "cik": 49071,
   "ticker": "HUM",
   "pct": 0.83,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-07-29",
      "url": "https://www.sec.gov/Archives/edgar/data/49071/000004907126000047/0000049071-26-000047-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "notyet"
  },
  {
   "name": "Becton Dickinson & Co",
   "cik": 10795,
   "ticker": "BDX",
   "pct": 0.726,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 6,
     "latest": {
      "filed": "2026-07-22",
      "url": "https://www.sec.gov/Archives/edgar/data/10795/000162828026049103/0001628280-26-049103-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs"
  },
  {
   "name": "IDEXX Laboratories Inc",
   "cik": 874716,
   "ticker": "IDXX",
   "pct": 0.723,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-03-26",
      "url": "https://www.sec.gov/Archives/edgar/data/874716/000110465926034906/0001104659-26-034906-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Agilent Technologies Inc",
   "cik": 1090872,
   "ticker": "A",
   "pct": 0.653,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 5,
     "latest": {
      "filed": "2026-09-08",
      "url": "https://www.sec.gov/Archives/edgar/data/1090872/000119312526384426/0001193125-26-384426-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 10.5,
   "quadrant": "ss",
   "compass": "now"
  },
  {
   "name": "Waters Corp",
   "cik": 1000697,
   "ticker": "WAT",
   "pct": 0.641,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-08-21",
      "url": "https://www.sec.gov/Archives/edgar/data/1000697/000119312526360081/0001193125-26-360081-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "IQVIA Holdings Inc",
   "cik": 1478242,
   "ticker": "IQV",
   "pct": 0.561,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-04-23",
      "url": "https://www.sec.gov/Archives/edgar/data/1478242/000119312526173771/0001193125-26-173771-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 6.5,
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "Biogen Inc",
   "cik": 875045,
   "ticker": "BIIB",
   "pct": 0.555,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-03-11",
      "url": "https://www.sec.gov/Archives/edgar/data/875045/000095015726000280/0000950157-26-000280-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "Centene Corp",
   "cik": 1071739,
   "ticker": "CNC",
   "pct": 0.524,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 5,
     "latest": {
      "filed": "2026-08-17",
      "url": "https://www.sec.gov/Archives/edgar/data/1071739/000107173926000165/0001071739-26-000165-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 17.9,
   "quadrant": "fs",
   "compass": "notyet"
  },
  {
   "name": "Zoetis Inc",
   "cik": 1555280,
   "ticker": "ZTS",
   "pct": 0.524,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-08-06",
      "url": "https://www.sec.gov/Archives/edgar/data/1555280/000119312526338080/0001193125-26-338080-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "between"
  },
  {
   "name": "GE HealthCare Technologies Inc",
   "cik": 1932393,
   "ticker": "GEHC",
   "pct": 0.507,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-09-22",
      "url": "https://www.sec.gov/Archives/edgar/data/1932393/000193239326000053/0001932393-26-000053-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 6.8,
   "quadrant": "ss"
  },
  {
   "name": "ResMed Inc",
   "cik": 943819,
   "ticker": "RMD",
   "pct": 0.492,
   "signals": [
    {
     "code": "4.01",
     "label": "Auditor change",
     "count": 1,
     "latest": {
      "filed": "2026-08-17",
      "url": "https://www.sec.gov/Archives/edgar/data/943819/000119312526354154/0001193125-26-354154-index.htm"
     }
    },
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-08-17",
      "url": "https://www.sec.gov/Archives/edgar/data/943819/000119312526354154/0001193125-26-354154-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "now"
  },
  {
   "name": "Veeva Systems Inc",
   "cik": 1393052,
   "ticker": "VEEV",
   "pct": 0.464,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-08-20",
      "url": "https://www.sec.gov/Archives/edgar/data/1393052/000121390026092096/0001213900-26-092096-index.htm"
     }
    }
   ],
   "sector": "Technology & communications",
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Dexcom Inc",
   "cik": 1093557,
   "ticker": "DXCM",
   "pct": 0.452,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 6,
     "latest": {
      "filed": "2026-09-14",
      "url": "https://www.sec.gov/Archives/edgar/data/1093557/000109355726000175/0001093557-26-000175-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 9.7,
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Mettler-Toledo International Inc",
   "cik": 1037646,
   "ticker": "MTD",
   "pct": 0.449,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-08-03",
      "url": "https://www.sec.gov/Archives/edgar/data/1037646/000103764626000054/0001037646-26-000054-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "West Pharmaceutical Services Inc",
   "cik": 105770,
   "ticker": "WST",
   "pct": 0.441,
   "signals": [
    {
     "code": "1.05",
     "label": "Cybersecurity incident",
     "count": 1,
     "latest": {
      "filed": "2026-05-11",
      "url": "https://www.sec.gov/Archives/edgar/data/105770/000010577026000068/0000105770-26-000068-index.htm"
     }
    },
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-06-01",
      "url": "https://www.sec.gov/Archives/edgar/data/105770/000010577026000080/0000105770-26-000080-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "now"
  },
  {
   "name": "Moderna Inc",
   "cik": 1682852,
   "ticker": "MRNA",
   "pct": 0.43,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 1,
     "latest": {
      "filed": "2026-07-08",
      "url": "https://www.sec.gov/Archives/edgar/data/1682852/000168285226000134/0001682852-26-000134-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "sj",
   "compass": "fading"
  },
  {
   "name": "Quest Diagnostics Inc",
   "cik": 1022079,
   "ticker": "DGX",
   "pct": 0.408,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 1,
     "latest": {
      "filed": "2026-03-12",
      "url": "https://www.sec.gov/Archives/edgar/data/1022079/000094787126000244/0000947871-26-000244-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "sj",
   "compass": "between"
  },
  {
   "name": "Labcorp Holdings Inc",
   "cik": 920148,
   "ticker": "LH",
   "pct": 0.4,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 5,
     "latest": {
      "filed": "2026-08-14",
      "url": "https://www.sec.gov/Archives/edgar/data/920148/000092014826000182/0000920148-26-000182-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 17.9,
   "quadrant": "fj",
   "compass": "between"
  },
  {
   "name": "STERIS PLC",
   "cik": 1757898,
   "ticker": "STE",
   "pct": 0.359,
   "signals": [
    {
     "code": "2.05",
     "label": "Restructuring or exit costs",
     "count": 1,
     "latest": {
      "filed": "2026-08-05",
      "url": "https://www.sec.gov/Archives/edgar/data/1757898/000162828026053412/0001628280-26-053412-index.htm"
     }
    },
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-05-07",
      "url": "https://www.sec.gov/Archives/edgar/data/1757898/000119312526212159/0001193125-26-212159-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "now"
  },
  {
   "name": "Incyte Corp",
   "cik": 879169,
   "ticker": "INCY",
   "pct": 0.331,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-03-30",
      "url": "https://www.sec.gov/Archives/edgar/data/879169/000087916926000018/0000879169-26-000018-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Viatris Inc",
   "cik": 1792044,
   "ticker": "VTRS",
   "pct": 0.322,
   "signals": [
    {
     "code": "2.05",
     "label": "Restructuring or exit costs",
     "count": 1,
     "latest": {
      "filed": "2026-02-26",
      "url": "https://www.sec.gov/Archives/edgar/data/1792044/000179204426000010/0001792044-26-000010-index.htm"
     }
    },
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-05-04",
      "url": "https://www.sec.gov/Archives/edgar/data/1792044/000114036126018887/0001140361-26-018887-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "Zimmer Biomet Holdings Inc",
   "cik": 1136869,
   "ticker": "ZBH",
   "pct": 0.29,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-09-08",
      "url": "https://www.sec.gov/Archives/edgar/data/1136869/000119312526385256/0001193125-26-385256-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 8.7,
   "quadrant": "fs",
   "compass": "now"
  },
  {
   "name": "Cooper Cos Inc/The",
   "cik": 711404,
   "ticker": "COO",
   "pct": 0.243,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-05-04",
      "url": "https://www.sec.gov/Archives/edgar/data/711404/000162828026029853/0001628280-26-029853-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 19.4,
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Revvity Inc",
   "cik": 31791,
   "ticker": "RVTY",
   "pct": 0.216,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 1,
     "latest": {
      "filed": "2025-10-24",
      "url": "https://www.sec.gov/Archives/edgar/data/31791/000119312525249958/0001193125-25-249958-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "sj",
   "compass": "fading"
  },
  {
   "name": "Solventum Corp",
   "cik": 1964738,
   "ticker": "SOLV",
   "pct": 0.198,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 4,
     "latest": {
      "filed": "2026-07-20",
      "url": "https://www.sec.gov/Archives/edgar/data/1964738/000196473826000038/0001964738-26-000038-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "Align Technology Inc",
   "cik": 1097149,
   "ticker": "ALGN",
   "pct": 0.195,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-08-31",
      "url": "https://www.sec.gov/Archives/edgar/data/1097149/000109714926000065/0001097149-26-000065-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "Baxter International Inc",
   "cik": 10456,
   "ticker": "BAX",
   "pct": 0.192,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 7,
     "latest": {
      "filed": "2026-08-19",
      "url": "https://www.sec.gov/Archives/edgar/data/10456/000119312526356188/0001193125-26-356188-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "sj",
   "compass": "fading"
  },
  {
   "name": "Bio-Techne Corp",
   "cik": 842023,
   "ticker": "TECH",
   "pct": 0.192,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-06-26",
      "url": "https://www.sec.gov/Archives/edgar/data/842023/000199937126013527/0001999371-26-013527-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "now"
  },
  {
   "name": "Charles River Laboratories International Inc",
   "cik": 1100682,
   "ticker": "CRL",
   "pct": 0.19,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-05-11",
      "url": "https://www.sec.gov/Archives/edgar/data/1100682/000095010326007060/0000950103-26-007060-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "Insulet Corp",
   "cik": 1145197,
   "ticker": "PODD",
   "pct": 0.184,
   "signals": [
    {
     "code": "4.01",
     "label": "Auditor change",
     "count": 1,
     "latest": {
      "filed": "2025-12-19",
      "url": "https://www.sec.gov/Archives/edgar/data/1145197/000162828025058252/0001628280-25-058252-index.htm"
     }
    },
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 6,
     "latest": {
      "filed": "2026-09-16",
      "url": "https://www.sec.gov/Archives/edgar/data/1145197/000114519726000177/0001145197-26-000177-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "rangeHalfWidth": 9.7,
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "Henry Schein Inc",
   "cik": 1000228,
   "ticker": "HSIC",
   "pct": 0.141,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-07-30",
      "url": "https://www.sec.gov/Archives/edgar/data/1000228/000119312526324857/0001193125-26-324857-index.htm"
     }
    }
   ],
   "sector": "Industrials & services",
   "rangeHalfWidth": 6.9,
   "quadrant": "ss",
   "compass": "between"
  },
  {
   "name": "Universal Health Services Inc",
   "cik": 352915,
   "ticker": "UHS",
   "pct": 0.138,
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 3,
     "latest": {
      "filed": "2026-05-21",
      "url": "https://www.sec.gov/Archives/edgar/data/352915/000119312526233402/0001193125-26-233402-index.htm"
     }
    }
   ],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "later"
  },
  {
   "name": "DaVita Inc",
   "cik": 927066,
   "ticker": "DVA",
   "pct": 0.124,
   "signals": [],
   "sector": "Health care",
   "quadrant": "fs",
   "compass": "between"
  }
 ],
 "notes": [
  "Holdings are as the fund reported them to the SEC for 2026-06-30; N-PORT is made public about 60 days after quarter end.",
  "Only common-stock holdings are read; cash, securities-lending collateral and derivatives are left out.",
  "Sectors come from each company’s SEC industry code (SIC), grouped broadly; they can differ from an index provider’s sector labels.",
  "Display only: this describes what the fund holds, it is not a rating of the fund and not investment advice."
 ],
 "license": "CC BY 4.0, POPS4. Holdings are the fund’s own SEC filing.",
 "refreshedAt": "2026-09-26T15:35:43.697Z"
}