{
 "url": "https://etfiq.com/funds/fmqq/holdings/",
 "section": "funds",
 "title": "FMQQ Holdings: All 38 Positions (May 31, 2026) | ETFIQ",
 "description": "All 38 FMQQ holdings with weights, as of May 31, 2026. The top 3 are Bajaj Finance Limited 8.22%, MELI 8.14% and Reliance Industries Limited 7.92%.",
 "as_of": "May 31, 2026",
 "ticker": "FMQQ",
 "fund": "FMQQ The Next Frontier Internet ETF",
 "fund_page": "https://etfiq.com/funds/fmqq",
 "positions": 38,
 "positions_listed_on_page": 38,
 "lead": "FMQQ held 38 positions as of May 31, 2026. Bajaj Finance Limited is the largest at 8.22%; the top 10 are 63.9% of the fund.",
 "source": {
  "name": "Form N-PORT filed with the SEC",
  "url": "https://www.sec.gov/Archives/edgar/data/1452937/000204825126006332/primary_doc.xml",
  "document": "the fund’s SEC filing",
  "book_date": "2026-05-31",
  "file_date": null
 },
 "top_positions": [
  {
   "rank": 1,
   "holding": "Bajaj Finance Limited",
   "ticker": null,
   "weight_pct": 8.223,
   "page": null
  },
  {
   "rank": 2,
   "holding": "MercadoLibre, Inc.",
   "ticker": "MELI",
   "weight_pct": 8.145,
   "page": "https://etfiq.com/holdings/meli/"
  },
  {
   "rank": 3,
   "holding": "Reliance Industries Limited",
   "ticker": null,
   "weight_pct": 7.917,
   "page": null
  },
  {
   "rank": 4,
   "holding": "Eternal Ltd",
   "ticker": null,
   "weight_pct": 7.843,
   "page": "https://etfiq.com/holdings/eternal/"
  },
  {
   "rank": 5,
   "holding": "Nu Holdings Ltd.",
   "ticker": "NU",
   "weight_pct": 7.509,
   "page": "https://etfiq.com/holdings/nu/"
  },
  {
   "rank": 6,
   "holding": "Sea Ltd",
   "ticker": "SE",
   "weight_pct": 6.48,
   "page": "https://etfiq.com/holdings/se/"
  },
  {
   "rank": 7,
   "holding": "Joint Stock Company Kaspi.kz",
   "ticker": "KSPI",
   "weight_pct": 6.44,
   "page": null
  },
  {
   "rank": 8,
   "holding": "Grab Holdings Ltd",
   "ticker": "GRAB",
   "weight_pct": 3.967,
   "page": "https://etfiq.com/holdings/grab/"
  },
  {
   "rank": 9,
   "holding": "JIO Financial Services Limited",
   "ticker": null,
   "weight_pct": 3.799,
   "page": null
  },
  {
   "rank": 10,
   "holding": "NAVER Corporation",
   "ticker": null,
   "weight_pct": 3.542,
   "page": "https://etfiq.com/holdings/035420-ks/"
  },
  {
   "rank": 11,
   "holding": "Billionbrains Garage Ventures Limited",
   "ticker": null,
   "weight_pct": 3.44,
   "page": null
  },
  {
   "rank": 12,
   "holding": "XP Inc.",
   "ticker": null,
   "weight_pct": 3.001,
   "page": "https://etfiq.com/holdings/xp/"
  },
  {
   "rank": 13,
   "holding": "PB Fintech Ltd",
   "ticker": null,
   "weight_pct": 2.77,
   "page": "https://etfiq.com/holdings/pb-fintech-ltd/"
  },
  {
   "rank": 14,
   "holding": "Coupang Inc",
   "ticker": "CPNG",
   "weight_pct": 2.741,
   "page": "https://etfiq.com/holdings/cpng/"
  },
  {
   "rank": 15,
   "holding": "Allegro.eu SA",
   "ticker": null,
   "weight_pct": 2.718,
   "page": "https://etfiq.com/holdings/ale/"
  },
  {
   "rank": 16,
   "holding": "ONE 97 Communications Limited",
   "ticker": null,
   "weight_pct": 1.681,
   "page": null
  },
  {
   "rank": 17,
   "holding": "Info Edge (india) Limited",
   "ticker": null,
   "weight_pct": 1.673,
   "page": null
  },
  {
   "rank": 18,
   "holding": "MakeMyTrip Limited",
   "ticker": null,
   "weight_pct": 1.588,
   "page": null
  },
  {
   "rank": 19,
   "holding": "Delivery Hero SE",
   "ticker": null,
   "weight_pct": 1.5,
   "page": "https://etfiq.com/holdings/dher/"
  },
  {
   "rank": 20,
   "holding": "StoneCo Ltd.",
   "ticker": null,
   "weight_pct": 1.413,
   "page": "https://etfiq.com/holdings/stne/"
  },
  {
   "rank": 21,
   "holding": "FSN E-Commerce Ventures Limited",
   "ticker": null,
   "weight_pct": 1.404,
   "page": "https://etfiq.com/holdings/nykaa/"
  },
  {
   "rank": 22,
   "holding": "Kakao Corp.",
   "ticker": null,
   "weight_pct": 1.366,
   "page": "https://etfiq.com/holdings/035720/"
  },
  {
   "rank": 23,
   "holding": "Swiggy Limited",
   "ticker": null,
   "weight_pct": 1.311,
   "page": null
  },
  {
   "rank": 24,
   "holding": "GoTo Gojek Tokopedia PT Tbk",
   "ticker": null,
   "weight_pct": 1.245,
   "page": null
  },
  {
   "rank": 25,
   "holding": "Lenskart Solutions Ltd",
   "ticker": null,
   "weight_pct": 1.225,
   "page": null
  }
 ],
 "top_positions_shown": 25,
 "cash": [
  {
   "holding": "Cash and other net assets",
   "weight_pct": -0.209
  }
 ],
 "weights": "share of net assets, as the source states them",
 "csv": "https://etfiq.com/funds/fmqq/holdings/fmqq-holdings.csv",
 "json_book": "https://etfiq.com/data/books/fmqq.json",
 "markdown": "https://etfiq.com/funds/fmqq/holdings/index.md",
 "publisher": {
  "@id": "https://etfiq.com/#org",
  "name": "ETFIQ",
  "url": "https://etfiq.com"
 },
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, Holdings of FMQQ, data as of May 31, 2026. https://etfiq.com/funds/fmqq/holdings/"
}