Macquarie Balanced Fund

Fund Profile

Fund profile

Tickers

IBNAX, IBNCX, IYBIX, IBNYX, IYBFX, IBARX

Fund manager

Ivy Funds

Total assets

$1.55 bn

Liabilities

$19.22 mm

Net assets

$1.53 bn

Number of holdings

385.00

Top 200 of 385 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
iShares Core U.S. Aggregate Bond ETF	76.32 mm	787.65 k shares	4.99	Common equity	Long	USA
MSFT Microsoft Corporation	62.96 mm	149.37 k shares	4.11	Common equity	Long	USA
NVDA NVIDIA Corporation	47.60 mm	354.44 k shares	3.11	Common equity	Long	USA
VMGMX Vanguard Mid-Cap Growth Index Fund	46.48 mm	86.27 k shares	3.04	Common equity	Long	USA
AAPL Apple Inc.	44.43 mm	177.44 k shares	2.90	Common equity	Long	USA
AMZN Amazon.com, Inc.	38.68 mm	176.30 k shares	2.53	Common equity	Long	USA
TSM Taiwan Semiconductor Manufacturing Company Limited	26.87 mm	136.05 k shares	1.76	Common equity	Long	Taiwan
FI Fiserv, Inc.	25.55 mm	124.37 k shares	1.67	Common equity	Long	USA
GOOG Alphabet Inc.	24.39 mm	128.82 k shares	1.59	Common equity	Long	USA
HWM Howmet Aerospace Inc.	23.97 mm	219.14 k shares	1.57	Common equity	Long	USA
COST Costco Wholesale Corporation	23.24 mm	25.37 k shares	1.52	Common equity	Long	USA
ZBRA Zebra Technologies Corporation	22.56 mm	58.41 k shares	1.47	Common equity	Long	USA
META Meta Platforms, Inc.	21.83 mm	37.28 k shares	1.43	Common equity	Long	USA
COF Capital One Financial Corporation	20.90 mm	117.18 k shares	1.37	Common equity	Long	USA
GOOG Alphabet Inc.	19.05 mm	100.01 k shares	1.24	Common equity	Long	USA
United States Treasury Note/Bond	18.84 mm	19.83 mm principal	1.23	Debt	Long	USA
United States Treasury Note/Bond	17.66 mm	17.93 mm principal	1.15	Debt	Long	USA
ABT Abbott Laboratories	17.52 mm	154.86 k shares	1.14	Common equity	Long	USA
CRM Salesforce, Inc.	17.15 mm	51.30 k shares	1.12	Common equity	Long	USA
CME CME Group Inc.	16.67 mm	71.79 k shares	1.09	Common equity	Long	USA
AXP American Express Company	16.60 mm	55.94 k shares	1.08	Common equity	Long	USA
KKR KKR & Co. Inc.	16.52 mm	111.68 k shares	1.08	Common equity	Long	USA
AZO AutoZone, Inc.	16.34 mm	5.10 k shares	1.07	Common equity	Long	USA
MS Morgan Stanley	16.18 mm	128.69 k shares	1.06	Common equity	Long	USA
T AT&T Inc.	16.06 mm	705.32 k shares	1.05	Common equity	Long	USA
HD The Home Depot, Inc.	16.02 mm	41.19 k shares	1.05	Common equity	Long	USA
AMAT Applied Materials, Inc.	15.77 mm	96.98 k shares	1.03	Common equity	Long	USA
BX Blackstone Inc.	15.67 mm	90.86 k shares	1.02	Common equity	Long	USA
ALL The Allstate Corporation	15.52 mm	80.52 k shares	1.01	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	15.09 mm	29.82 k shares	0.99	Common equity	Long	USA
MA Mastercard Incorporated	14.48 mm	27.49 k shares	0.95	Common equity	Long	USA
Fidelity Government Portfolio	14.25 mm	14.25 mm shares	0.93	Short-term investment vehicle	Long	USA
MSILF Government Portfolio	14.25 mm	14.25 mm shares	0.93	Short-term investment vehicle	Long	USA
Goldman Sachs Financial Square Government Fund	14.25 mm	14.25 mm shares	0.93	Short-term investment vehicle	Long	USA
BlackRock Liquidity FedFund	14.25 mm	14.25 mm shares	0.93	Short-term investment vehicle	Long	USA
United States Treasury Note/Bond	13.74 mm	15.57 mm principal	0.90	Debt	Long	USA
PGR The Progressive Corporation	13.71 mm	57.23 k shares	0.90	Common equity	Long	USA
LIN Linde plc	13.60 mm	32.48 k shares	0.89	Common equity	Long	USA
EADSY Airbus Se	13.59 mm	341.11 k shares	0.89	Common equity	Long	France
LMT Lockheed Martin Corporation	12.52 mm	25.77 k shares	0.82	Common equity	Long	USA
SHW The Sherwin-Williams Company	12.23 mm	35.98 k shares	0.80	Common equity	Long	USA
DHR Danaher Corporation	12.12 mm	52.78 k shares	0.79	Common equity	Long	USA
CCK Crown Holdings, Inc.	11.83 mm	143.07 k shares	0.77	Common equity	Long	USA
NEE NextEra Energy, Inc.	11.53 mm	160.89 k shares	0.75	Common equity	Long	USA
HCA HCA Healthcare, Inc.	11.51 mm	38.35 k shares	0.75	Common equity	Long	USA
COP ConocoPhillips	11.29 mm	113.82 k shares	0.74	Common equity	Long	USA
VRTX Vertex Pharmaceuticals Incorporated	10.51 mm	26.10 k shares	0.69	Common equity	Long	USA
AON Aon plc	10.17 mm	28.31 k shares	0.66	Common equity	Long	USA
United States Treasury Note/Bond	9.14 mm	9.28 mm principal	0.60	Debt	Long	USA
PG The Procter & Gamble Company	9.01 mm	53.74 k shares	0.59	Common equity	Long	USA
SAP SAP SE	8.72 mm	35.41 k shares	0.57	Common equity	Long	Germany
HUBB Hubbell Incorporated	8.69 mm	20.76 k shares	0.57	Common equity	Long	USA
BANK 2021-BNK36	8.53 mm	10.10 mm principal	0.56	ABS-mortgage backed security	Long	USA
TEL TE Connectivity Ltd.	8.49 mm	59.38 k shares	0.55	Common equity	Long	Ireland
United States Treasury Note/Bond	8.44 mm	8.66 mm principal	0.55	Debt	Long	USA
STX Seagate Technology Holdings plc	8.24 mm	95.44 k shares	0.54	Common equity	Long	USA
CDW CDW Corporation	7.66 mm	44.00 k shares	0.50	Common equity	Long	USA
Benchmark 2022-B32 Mortgage Trust	7.61 mm	9.00 mm principal	0.50	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	7.29 mm	7.73 mm principal	0.48	ABS-mortgage backed security	Long	USA
BANK 2022-BNK40	7.26 mm	8.15 mm principal	0.47	ABS-mortgage backed security	Long	USA
LYV Live Nation Entertainment, Inc.	7.17 mm	55.36 k shares	0.47	Common equity	Long	USA
Benchmark 2022-B33 Mortgage Trust	7.16 mm	8.10 mm principal	0.47	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	6.55 mm	6.62 mm principal	0.43	Debt	Long	USA
CMI Cummins Inc.	6.51 mm	18.67 k shares	0.43	Common equity	Long	USA
Fannie Mae or Freddie Mac	6.30 mm	6.39 mm principal	0.41	ABS-mortgage backed security	Long	USA
ALLY Ally Financial Inc.	6.14 mm	170.39 k shares	0.40	Common equity	Long	USA
Freddie Mac Pool	6.13 mm	7.20 mm principal	0.40	ABS-mortgage backed security	Long	USA
BANK 2021-BNK32	6.11 mm	7.06 mm principal	0.40	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	5.94 mm	7.11 mm principal	0.39	ABS-mortgage backed security	Long	USA
MU Micron Technology, Inc.	5.68 mm	67.45 k shares	0.37	Common equity	Long	USA
Freddie Mac Pool	5.58 mm	6.77 mm principal	0.36	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	5.43 mm	5.91 mm principal	0.35	ABS-mortgage backed security	Long	USA
Fannie Mae or Freddie Mac	5.36 mm	5.34 mm principal	0.35	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	5.23 mm	5.20 mm principal	0.34	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	5.19 mm	5.18 mm principal	0.34	Debt	Long	USA
JPM JPMorgan Chase & Co.	5.11 mm	21.34 k shares	0.33	Common equity	Long	USA
Freddie Mac Pool	5.01 mm	5.18 mm principal	0.33	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.61 mm	5.12 mm principal	0.30	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.27 mm	4.77 mm principal	0.28	ABS-mortgage backed security	Long	USA
URI United Rentals, Inc.	4.17 mm	5.92 k shares	0.27	Common equity	Long	USA
T-Mobile USA Inc	4.17 mm	4.43 mm principal	0.27	Debt	Long	USA
Fannie Mae Pool	4.16 mm	4.64 mm principal	0.27	ABS-mortgage backed security	Long	USA
Freddie Mac STACR REMIC Trust 2021-HQA2	4.06 mm	3.99 mm principal	0.27	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	4.06 mm	4.31 mm principal	0.27	ABS-mortgage backed security	Long	USA
TSMC Global Ltd	3.98 mm	4.40 mm principal	0.26	Debt	Long	Virgin Islands (British)
BMO 2022-C1 Mortgage Trust	3.97 mm	4.50 mm principal	0.26	ABS-mortgage backed security	Long	USA
Northwestern Mutual Life Insurance Co/The	3.75 mm	5.00 mm principal	0.25	Debt	Long	USA
Fannie Mae REMICS	3.63 mm	3.96 mm principal	0.24	ABS-mortgage backed security	Long	USA
Extra Space Storage LP	3.60 mm	4.40 mm principal	0.24	Debt	Long	USA
Fannie Mae Pool	3.59 mm	4.60 mm principal	0.23	ABS-mortgage backed security	Long	USA
ETN Eaton Corporation plc	3.42 mm	10.30 k shares	0.22	Common equity	Long	USA
PRPM 2024-RPL1 LLC	3.25 mm	3.34 mm principal	0.21	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	3.18 mm	3.48 mm principal	0.21	Debt	Long	USA
Fannie Mae Pool	3.15 mm	3.53 mm principal	0.21	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	3.08 mm	3.23 mm principal	0.20	Debt	Long	USA
Freddie Mac Pool	3.08 mm	3.94 mm principal	0.20	ABS-mortgage backed security	Long	USA
Connecticut Avenue Securities Trust 2023-R08	3.07 mm	3.06 mm principal	0.20	ABS-mortgage backed security	Long	USA
Nissan Master Owner Trust Receivables	3.02 mm	3.00 mm principal	0.20	ABS-other	Long	USA
Ginnie Mae II Pool	2.81 mm	2.82 mm principal	0.18	ABS-mortgage backed security	Long	USA
Verizon Master Trust	2.75 mm	2.70 mm principal	0.18	ABS-other	Long	USA
Freddie Mac Pool	2.73 mm	2.90 mm principal	0.18	ABS-mortgage backed security	Long	USA
Fannie Mae REMICS	2.69 mm	2.72 mm principal	0.18	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	2.67 mm	3.23 mm principal	0.17	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	2.66 mm	3.09 mm principal	0.17	ABS-mortgage backed security	Long	USA
Bank of America Corp	2.65 mm	2.56 mm principal	0.17	Debt	Long	USA
AerCap Ireland Capital DAC / AerCap Global Aviation Trust	2.62 mm	2.61 mm principal	0.17	Debt	Long	Ireland
GMF Floorplan Owner Revolving Trust	2.52 mm	2.50 mm principal	0.16	ABS-other	Long	USA
Volkswagen Auto Lease Trust 2024-A	2.52 mm	2.50 mm principal	0.16	ABS-other	Long	USA
Freddie Mac Pool	2.52 mm	2.58 mm principal	0.16	ABS-mortgage backed security	Long	USA
META Meta Platforms, Inc.	2.52 mm	2.60 mm principal	0.16	Debt	Long	USA
Freddie Mac Pool	2.48 mm	2.91 mm principal	0.16	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	2.41 mm	2.48 mm principal	0.16	Debt	Long	USA
Fannie Mae Pool	2.32 mm	2.34 mm principal	0.15	ABS-mortgage backed security	Long	USA
CSGP CoStar Group, Inc.	2.32 mm	2.65 mm principal	0.15	Debt	Long	USA
Targa Resources Partners LP / Targa Resources Partners Finance Corp	2.31 mm	2.34 mm principal	0.15	Debt	Long	USA
MRK Merck & Co., Inc.	2.28 mm	3.75 mm principal	0.15	Debt	Long	USA
Freddie Mac Pool	2.25 mm	2.28 mm principal	0.15	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	2.23 mm	2.86 mm principal	0.15	ABS-mortgage backed security	Long	USA
GS The Goldman Sachs Group, Inc.	2.20 mm	2.10 mm principal	0.14	Debt	Long	USA
Fannie Mae Pool	2.19 mm	2.25 mm principal	0.14	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	2.17 mm	2.44 mm principal	0.14	ABS-mortgage backed security	Long	USA
General Motors Financial Co Inc	2.09 mm	2.08 mm principal	0.14	Debt	Long	USA
Freddie Mac REMICS	2.08 mm	2.18 mm principal	0.14	ABS-mortgage backed security	Long	USA
Accenture Capital Inc	2.08 mm	2.16 mm principal	0.14	Debt	Long	USA
Freddie Mac Pool	2.07 mm	2.26 mm principal	0.14	ABS-mortgage backed security	Long	USA
Aon Corp / Aon Global Holdings PLC	2.05 mm	2.08 mm principal	0.13	Debt	Long	N/A
VICI Properties LP	2.04 mm	2.08 mm principal	0.13	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	2.03 mm	1.86 mm principal	0.13	Debt	Long	USA
Toyota Auto Receivables 2024-B Owner Trust	2.03 mm	2.00 mm principal	0.13	ABS-other	Long	USA
Freddie Mac Pool	1.98 mm	1.98 mm principal	0.13	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	1.95 mm	2.14 mm principal	0.13	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	1.95 mm	1.95 mm principal	0.13	ABS-mortgage backed security	Long	USA
BA The Boeing Company	1.93 mm	1.81 mm principal	0.13	Debt	Long	USA
American Tower Trust #1	1.91 mm	2.00 mm principal	0.12	Debt	Long	USA
Apollo Debt Solutions BDC	1.90 mm	1.85 mm principal	0.12	Debt	Long	USA
American Homes 4 Rent LP	1.83 mm	1.88 mm principal	0.12	Debt	Long	USA
United States Treasury Note/Bond	1.83 mm	2.02 mm principal	0.12	Debt	Long	USA
Commonwealth Edison Co	1.82 mm	2.07 mm principal	0.12	Debt	Long	USA
RCI Rogers Communications Inc.	1.79 mm	1.84 mm principal	0.12	Debt	Long	Canada
Connecticut Avenue Securities Trust 2022-R01	1.77 mm	1.75 mm principal	0.12	ABS-mortgage backed security	Long	USA
Royalty Pharma PLC	1.74 mm	1.83 mm principal	0.11	Debt	Long	UK
Fannie Mae Pool	1.74 mm	1.80 mm principal	0.11	ABS-mortgage backed security	Long	USA
Florida Power & Light Co	1.74 mm	2.58 mm principal	0.11	Debt	Long	USA
Freddie Mac Pool	1.68 mm	1.69 mm principal	0.11	ABS-mortgage backed security	Long	USA
KIOR Kior Inc	1.66 mm	1.68 mm principal	0.11	Debt	Long	USA
Fannie Mae Pool	1.65 mm	1.97 mm principal	0.11	ABS-mortgage backed security	Long	USA
Bank of America Corp	1.61 mm	1.65 mm principal	0.11	Debt	Long	USA
Charter Communications Operating LLC / Charter Communications Operating Capital	1.59 mm	2.64 mm principal	0.10	Debt	Long	USA
Fannie Mae Pool	1.58 mm	1.85 mm principal	0.10	ABS-mortgage backed security	Long	USA
ETR Entergy Corporation	1.57 mm	1.77 mm principal	0.10	Debt	Long	USA
Freddie Mac Pool	1.57 mm	1.71 mm principal	0.10	ABS-mortgage backed security	Long	USA
Aviation Capital Group LLC	1.56 mm	1.64 mm principal	0.10	Debt	Long	USA
Fannie Mae Pool	1.55 mm	1.89 mm principal	0.10	ABS-mortgage backed security	Long	USA
OXY Occidental Petroleum Corporation	1.53 mm	1.57 mm principal	0.10	Debt	Long	USA
Ford Credit Auto Owner Trust 2024-B	1.52 mm	1.50 mm principal	0.10	ABS-other	Long	USA
Jefferies Group Inc	1.51 mm	1.47 mm principal	0.10	Debt	Long	USA
Porsche Innovative Lease Owner Trust 2024-1	1.50 mm	1.50 mm principal	0.10	ABS-other	Long	USA
Fannie Mae Pool	1.49 mm	1.57 mm principal	0.10	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	1.45 mm	1.84 mm principal	0.09	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	1.43 mm	1.52 mm principal	0.09	ABS-mortgage backed security	Long	USA
Vistra Operations Co LLC	1.41 mm	1.31 mm principal	0.09	Debt	Long	USA
CCO Holdings LLC / CCO Holdings Capital Corp	1.41 mm	1.73 mm principal	0.09	Debt	Long	USA
Oglethorpe Power Corp	1.40 mm	1.58 mm principal	0.09	Debt	Long	USA
Freddie Mac Pool	1.38 mm	1.41 mm principal	0.09	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	1.37 mm	1.65 mm principal	0.09	ABS-mortgage backed security	Long	USA
Ginnie Mae II Pool	1.34 mm	1.38 mm principal	0.09	ABS-mortgage backed security	Long	USA
RF Regions Financial Corporation	1.33 mm	1.31 mm principal	0.09	Debt	Long	USA
Fannie Mae Pool	1.31 mm	1.32 mm principal	0.09	ABS-mortgage backed security	Long	USA
Hyundai Auto Lease Securitization Trust 2024-C	1.30 mm	1.30 mm principal	0.08	ABS-other	Long	USA
Ginnie Mae II Pool	1.29 mm	1.30 mm principal	0.08	ABS-mortgage backed security	Long	USA
US Bancorp	1.29 mm	1.32 mm principal	0.08	Debt	Long	USA
MMC Marsh & McLennan Companies, Inc.	1.29 mm	1.33 mm principal	0.08	Debt	Long	USA
Freddie Mac Pool	1.28 mm	1.55 mm principal	0.08	ABS-mortgage backed security	Long	USA
Deutsche Bank AG/New York NY	1.28 mm	1.23 mm principal	0.08	Debt	Long	Germany
APH Amphenol Corporation	1.26 mm	1.51 mm principal	0.08	Debt	Long	USA
Broadcom Pte. Ltd.	1.26 mm	1.56 mm principal	0.08	Debt	Long	USA
Ginnie Mae II Pool	1.26 mm	1.45 mm principal	0.08	ABS-mortgage backed security	Long	USA
Ginnie Mae II Pool	1.24 mm	1.43 mm principal	0.08	ABS-mortgage backed security	Long	USA
BA The Boeing Company	1.23 mm	1.26 mm principal	0.08	Debt	Long	USA
NextEra Energy Capital Holdings Inc	1.22 mm	1.27 mm principal	0.08	Debt	Long	USA
Citibank NA	1.21 mm	1.20 mm principal	0.08	Debt	Long	USA
Fannie Mae Pool	1.18 mm	1.29 mm principal	0.08	ABS-mortgage backed security	Long	USA
Blue Owl Credit Income Corp	1.17 mm	1.19 mm principal	0.08	Debt	Long	USA
Fells Point Funding Trust	1.14 mm	1.19 mm principal	0.07	Debt	Long	USA
Freddie Mac Pool	1.13 mm	1.14 mm principal	0.07	ABS-mortgage backed security	Long	USA
Appalachian Power Co	1.13 mm	1.20 mm principal	0.07	Debt	Long	USA
Accenture Capital Inc	1.12 mm	1.15 mm principal	0.07	Debt	Long	USA
ET Energy Transfer LP	1.11 mm	1.07 mm principal	0.07	Debt	Long	USA
Fannie Mae Pool	1.11 mm	1.34 mm principal	0.07	ABS-mortgage backed security	Long	USA
Morgan Stanley	1.10 mm	1.09 mm principal	0.07	Debt	Long	USA
Midcontinent Communications	1.08 mm	1.06 mm principal	0.07	Debt	Long	USA
BP Capital Markets America Inc	1.06 mm	1.08 mm principal	0.07	Debt	Long	USA
UBS Group AG	1.05 mm	1.06 mm principal	0.07	Debt	Long	Switzerland
SRE Sempra	1.05 mm	1.06 mm principal	0.07	Debt	Long	USA
Blackstone Private Credit Fund	1.05 mm	1.06 mm principal	0.07	Debt	Long	USA
Freddie Mac STACR REMIC Trust 2023-HQA3	1.04 mm	1.03 mm principal	0.07	ABS-mortgage backed security	Long	USA
Sirius XM Radio LLC	1.04 mm	1.19 mm principal	0.07	Debt	Long	USA
Amentum Holdings Inc	1.03 mm	1.02 mm principal	0.07	Debt	Long	USA
Resideo Funding Inc	1.03 mm	1.03 mm principal	0.07	Debt	Long	USA
Bombardier Inc	1.03 mm	1.00 mm principal	0.07	Debt	Long	Canada