American Financial Group Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), American Financial Group Inc. reported 61 stock positions worth $213.7 million. Its top holding was Nexstar Media (NXST) at 16.8% of the portfolio, followed by Citigroup (C, 10.4%) and Albertsons Cos Class A (ACI, 7.2%). Compared with Q3 2024, it opened 2 new positions, sold out of 5, added to 1 and reduced 1. The biggest buy was a new position in Uber Technologies (UBER) and the biggest sale an exit from Altenergy Acquisition Class A (AEAE).

Most Recent 13F
Q2 2026
Location
CINCINNATI, OH
CIK
0001042046
Portfolio Value
$213.7M (Q4 2024)
SEC Filing
0001042046-25-000004 ↗ filed Feb 11, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $232.6M Q1 2024 Q2 2024: $220.1M Q2 2024 Q3 2024: $220.6M Q3 2024 Q4 2024: $213.7M $213.7M Q4 2024 Q1 2025: $228.1M Q1 2025 Q2 2025: $260.7M Q2 2025 Q3 2025: $253.5M Q3 2025 Q4 2025: $269.8M Q4 2025 Q1 2026: $269.7M Q1 2026 Q2 2026: $283.6M Q2 2026

Holdings 61 stocks · $213.7M
NXST Nexstar Media Group Inc. 16.82% 227,482 $35.9M No change
C Citigroup Inc. 10.38% 315,000 $22.2M No change
ACI Albertsons Cos Inc. Class A 7.23% 786,786 $15.5M No change
TALO Talos Energy Inc. 6.76% 1,487,637 $14.4M No change
SBGI Sinclair Inc. 4.97% 658,420 $10.6M No change
GM General Motors Co. 4.74% 190,000 $10.1M No change
ET Energy Transfer LP 4.13% 450,896 $8.8M No change
EPD Enterprise Products Partners 3.74% 255,000 $8.0M No change
CMCSA Comcast Corp. Class A 3.64% 207,000 $7.8M No change
PAA Plains All Amer Pipeline LP 3.30% 412,500 $7.0M No change
WBD Warner Bros Discovery Inc. 3.27% 661,665 $7.0M No change
UBER Uber Technologies Inc. 2.54% 90,000 $5.4M New
TYG Tortoise Energy Infrastruct 2.16% 110,102 $4.6M No change
IVZ Invesco Ltd. 2.00% 245,000 $4.3M No change
BMY Bristol-Myers Squibb Co. 1.59% 60,000 $3.4M No change
KHC The Kraft Heinz Co. 1.58% 110,000 $3.4M No change
EOSE Eos Energy Enterprises Inc. 1.55% 679,620 $3.3M Reduce -65.7%
PFX Phenixfin Corp. 1.52% 64,327 $3.3M No change
MT Arcelormittal-NY Registered 1.44% 133,333 $3.1M No change
RC Ready Capital Corp. 1.23% 386,120 $2.6M No change
OKE Oneok Inc. 1.18% 25,172 $2.5M No change
BEN Franklin Templeton Inc. 1.13% 119,150 $2.4M No change
AMWD American Woodmark Corp. 1.08% 28,924 $2.3M No change
CLPR Clipper Realty Inc. 0.80% 372,044 $1.7M No change
GTN Gray Media Inc. filed as GRAY TELEVISION INC 0.80% 540,202 $1.7M No change
TAP Molson Coors Beverage Co. Class B 0.67% 25,000 $1.4M No change
LCNB LCNB Corporation 0.66% 93,582 $1.4M No change
VTRS Viatris Inc. 0.58% 100,000 $1.2M No change
EFC Ellington Financial Inc. 0.57% 100,000 $1.2M No change
MPLX MPLX LP 0.56% 25,000 $1.2M No change
SUN Sunoco LP 0.47% 19,500 $1.0M No change
WES Western Midstream Partners L 0.45% 25,000 $961K No change
ARI Apollo Commercial Real Estat 0.43% 105,154 $911K No change
SHEL Shell PLC-ADR 0.43% 14,500 $908K No change
XPER Xperi Inc. 0.39% 81,071 $833K No change
USAC USA Compression Partners LP 0.39% 35,150 $828K No change
GLP Global Partners LP 0.38% 17,500 $815K No change
HESM Hess Midstream LP Class A 0.37% 21,500 $796K No change
LILAK Liberty Latin Americ Class C 0.37% 125,000 $793K No change
KNTK Kinetik Holdings Inc. 0.36% 13,500 $766K No change
PSX Phillips 66 0.33% 6,250 $712K No change
DERM Journey Medical Corp. 0.33% 180,000 $704K No change
COP Conocophillips 0.32% 7,000 $694K No change
ARLP Alliance Resource Partners 0.31% 25,500 $670K No change
OMER Omeros Corp. 0.30% 64,113 $633K No change
BHF Brighthouse Financial Inc. 0.26% 11,362 $546K No change
DKL Delek Logistics Partners LP 0.24% 12,000 $507K Add +20.0%
IHRT Iheartmedia Inc. Class A 0.15% 162,091 $321K No change
AM Antero Midstream Corp. 0.15% 21,000 $317K No change
CAPL Crossamerica Partners LP 0.14% 14,000 $308K No change
FLNG Flex LNG Ltd. 0.13% 12,000 $275K New
BMTX BM Technologies Inc. 0.12% 51,262 $251K No change
GPMT Granite Point Mortgage Trust 0.11% 81,021 $226K No change
CFFN Capitol Federal Financial Inc. 0.10% 36,000 $213K No change
TWO Two Harbors Investment Corp. filed as TWO HBRS INVT CORP 0.08% 13,897 $164K No change
KROS Keros Therapeutics Inc. 0.07% 10,105 $160K No change
FLL Full House Resorts Inc. filed as FULL HSE RESORTS INC 0.07% 35,331 $144K No change
CGTX Cognition Therapeutics Inc. 0.07% 205,000 $144K No change
PGEN Precigen Inc. 0.03% 66,114 $74K No change
CURI Curiositystream Inc. 0.02% 27,932 $43K No change
ONCONETIX INC 0.01% 36,023 $23K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $5.9M (not counted above)
SecurityClassShares / PrincipalValueChange
TWO HARBORS INV CORP (TWO 6.25 01/15/26) NOTE 6.250% 1/1 · principal 6,000,000$5.9MNo change

Total filed on the 13F, all lines: $219.6M.

Portfolio Sells Q3 2024 → Q4 2024
AEAE Altenergy Acquisition Corp. Class A Sold out 0.00% −2.52
NN Nextnav Inc. Sold out 0.00% −1.70
EOSE Eos Energy Enterprises Inc. Reduce -65.7% 1.55% −1.12
TGNA Tegna Inc. Sold out 0.00% −0.72
AUGX Augmedix Inc. Sold out 0.00% −0.53
BLFS Biolife Solutions Inc. Sold out 0.00% −0.35

Portfolio Buys Q3 2024 → Q4 2024
UBER Uber Technologies Inc. New 2.54% +2.54
FLNG Flex LNG Ltd. New 0.13% +0.13
DKL Delek Logistics Partners LP Add +20.0% 0.24% +0.04

Notes & Other Activity Q3 2024 → Q4 2024
PENNYMAC CORP (PMT 5.5 11/01/24) NOTE 5.500%11/0 · principal Sold out 7,000,000 $7.0Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 73$283.6MC, NXST, KMB, ACI, OWL
Q1 2026 71$269.7MNXST, C, VOYG, ACI, OWL
Q4 2025 63$269.8MNXST, C, VOYG, TALO, ACI
Q3 2025 58$253.5MNXST, C, VOYG, TALO, ACI
Q2 2025 60$260.7MVOYG, NXST, C, ACI, TALO
Q1 2025 60$228.1MNXST, C, ACI, TALO, SBGI
Q4 2024 61$213.7MNXST, C, ACI, TALO, SBGI
Q3 2024 64$220.6MNXST, C, TALO, ACI, SBGI
Q2 2024 66$220.1MNXST, C, TALO, ACI, GM
Q1 2024 67$232.6MNXST, TALO, C, ACI, CMCSA