The Fund Grade · free · no account needed
What grade does MFOCX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
Marsico Focus Fund
#27 of 500 graded active funds · blend · large segment peer group
The point · specialist footprint
MFOCX puts more of its book behind proven specialists than 97% of graded funds.
Bottom 20%
Bottom 40%
Middle
Top 40%
● Top 20%
That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8% per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.
10,000+ funds tracked · the graded specialists among them drive every read
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
MFOCX vs the Honor Roll · share card ↗Conviction exposure
65.1%
of the book in specialist-converged names
Late-stage weight
16.5%
of the book in Crowded or Fading names
Active share
85.5%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
Marsico Focus Fund grades A and ranks 27 out of 500, with specialists driving 65% of its weight, a strong signal of conviction. The fund is early in Costco and Citigroup, where proven specialists are still building positions. The catch is that Netflix, Boeing, and Goldman Sachs together account for roughly 13.5% of assets and specialists are already leaving all three.
→ Watch the combined 13.5% weight in NFLX, BA, and GS closely, as specialist exits from all three at once is a concentrated risk.
→ The early positions in COST and C are where the fund has a genuine timing edge, worth tracking to see if specialist conviction keeps growing.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.