{
 "url": "https://etfiq.com/funds/ipav/holdings/",
 "section": "funds",
 "title": "IPAV Holdings: All 101 Positions (May 31, 2026) | ETFIQ",
 "description": "IPAV holdings as of May 31, 2026: Prysmian S.p.a. 4.53%, ArcelorMittal SA 4.30% and Shin-Etsu Chemical Co., Ltd. 4.16% and 98 more. Free CSV download.",
 "as_of": "May 31, 2026",
 "ticker": "IPAV",
 "fund": "Global X Infrastructure Development ex-U.S. ETF",
 "fund_page": "https://etfiq.com/funds/ipav",
 "positions": 101,
 "positions_listed_on_page": 101,
 "lead": "IPAV held 101 positions as of May 31, 2026. Prysmian S.p.a. is the largest at 4.53%; the top 10 are 34.5% of the fund.",
 "source": {
  "name": "Form N-PORT filed with the SEC",
  "url": "https://www.sec.gov/Archives/edgar/data/1432353/000204825126006453/primary_doc.xml",
  "document": "the fund’s SEC filing",
  "book_date": "2026-05-31",
  "file_date": null
 },
 "top_positions": [
  {
   "rank": 1,
   "holding": "Prysmian S.p.a.",
   "ticker": null,
   "weight_pct": 4.526,
   "page": null
  },
  {
   "rank": 2,
   "holding": "ArcelorMittal SA",
   "ticker": null,
   "weight_pct": 4.303,
   "page": null
  },
  {
   "rank": 3,
   "holding": "Shin-Etsu Chemical Co., Ltd.",
   "ticker": null,
   "weight_pct": 4.158,
   "page": "https://etfiq.com/holdings/shin-etsu-chemical/"
  },
  {
   "rank": 4,
   "holding": "Canadien Pacifique Kansas City Limitee",
   "ticker": "CP",
   "weight_pct": 3.169,
   "page": "https://etfiq.com/holdings/cp/"
  },
  {
   "rank": 5,
   "holding": "POSCO Holdings Inc.",
   "ticker": null,
   "weight_pct": 3.135,
   "page": "https://etfiq.com/holdings/005490/"
  },
  {
   "rank": 6,
   "holding": "Cemex, S.A.B. de C.V.",
   "ticker": "CX",
   "weight_pct": 3.128,
   "page": null
  },
  {
   "rank": 7,
   "holding": "Canadian National Railway Company",
   "ticker": "CNR",
   "weight_pct": 3.11,
   "page": "https://etfiq.com/holdings/canadian-national-railway-co/"
  },
  {
   "rank": 8,
   "holding": "Komatsu Ltd.",
   "ticker": null,
   "weight_pct": 3.103,
   "page": "https://etfiq.com/holdings/6301/"
  },
  {
   "rank": 9,
   "holding": "Epiroc Aktiebolag",
   "ticker": null,
   "weight_pct": 3.036,
   "page": null
  },
  {
   "rank": 10,
   "holding": "Cellnex Telecom S.A.",
   "ticker": null,
   "weight_pct": 2.824,
   "page": "https://etfiq.com/holdings/clnx/"
  },
  {
   "rank": 11,
   "holding": "Holcim AG",
   "ticker": null,
   "weight_pct": 2.794,
   "page": "https://etfiq.com/holdings/holn/"
  },
  {
   "rank": 12,
   "holding": "Tata Steel Limited",
   "ticker": null,
   "weight_pct": 2.767,
   "page": "https://etfiq.com/holdings/tata/"
  },
  {
   "rank": 13,
   "holding": "Ferrovial N.V.",
   "ticker": null,
   "weight_pct": 2.706,
   "page": "https://etfiq.com/holdings/fer/"
  },
  {
   "rank": 14,
   "holding": "Vinci SA",
   "ticker": null,
   "weight_pct": 2.655,
   "page": "https://etfiq.com/holdings/dg-fp/"
  },
  {
   "rank": 15,
   "holding": "Larsen and Toubro Limited",
   "ticker": null,
   "weight_pct": 2.337,
   "page": null
  },
  {
   "rank": 16,
   "holding": "Heidelberg Materials AG",
   "ticker": null,
   "weight_pct": 2.272,
   "page": "https://etfiq.com/holdings/heidelberg-materials-ag/"
  },
  {
   "rank": 17,
   "holding": "Ultratech Cement Limited",
   "ticker": null,
   "weight_pct": 2.249,
   "page": "https://etfiq.com/holdings/utcem/"
  },
  {
   "rank": 18,
   "holding": "Nippon Steel Corporation",
   "ticker": null,
   "weight_pct": 2.23,
   "page": "https://etfiq.com/holdings/nippon-steel/"
  },
  {
   "rank": 19,
   "holding": "Eiffage SA",
   "ticker": null,
   "weight_pct": 2.113,
   "page": "https://etfiq.com/holdings/fgr/"
  },
  {
   "rank": 20,
   "holding": "JSW Steel Limited",
   "ticker": "JSTL.IS",
   "weight_pct": 2.07,
   "page": "https://etfiq.com/holdings/jstl/"
  },
  {
   "rank": 21,
   "holding": "LS Electric Co., Ltd",
   "ticker": null,
   "weight_pct": 1.982,
   "page": "https://etfiq.com/holdings/010120/"
  },
  {
   "rank": 22,
   "holding": "Bluescope Steel Limited",
   "ticker": null,
   "weight_pct": 1.643,
   "page": null
  },
  {
   "rank": 23,
   "holding": "AtkinsRealis Group Inc",
   "ticker": "ATRL",
   "weight_pct": 1.637,
   "page": null
  },
  {
   "rank": 24,
   "holding": "NKT A/S",
   "ticker": null,
   "weight_pct": 1.409,
   "page": null
  },
  {
   "rank": 25,
   "holding": "Nexans SA",
   "ticker": null,
   "weight_pct": 1.116,
   "page": null
  }
 ],
 "top_positions_shown": 25,
 "cash": [
  {
   "holding": "Cash and other net assets",
   "weight_pct": -0.3
  }
 ],
 "weights": "share of net assets, as the source states them",
 "csv": "https://etfiq.com/funds/ipav/holdings/ipav-holdings.csv",
 "json_book": "https://etfiq.com/data/books/ipav.json",
 "markdown": "https://etfiq.com/funds/ipav/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 IPAV, data as of May 31, 2026. https://etfiq.com/funds/ipav/holdings/"
}