Amtrust Financial Services, Inc.

Name: Amtrust Financial Services, Inc. 13F holdings, Q2 2025
Creator: Amtrust Financial Services, Inc.
Published: 2025-08-12

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Amtrust Financial Services, Inc. reported 13 stock positions worth $278.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 40.1% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 33.5%) and iShares 1-5Y Inv Grade (IGSB, 7.0%). Compared with Q1 2025, it opened 1 new position and added to 2. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +58%).

Most Recent 13F: Q2 2026
Location: New York, NY
CIK: 0001365555
Portfolio Value: $278.4M (Q2 2025)
SEC Filing: 0001172661-25-003029 ↗ filed Aug 12, 2025

Holdings Value

Holdings 13 stocks · $278.4M


VOO Vanguard S&P 500 ETF	40.07%	196,400	$111.6M	Add +58.4%
IVV iShares Core S&P 500 ETF	33.52%	150,300	$93.3M	Add +14.0%
IGSB iShares 1-5Y Inv Grade Corp.	6.97%	367,800	$19.4M	No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd	4.69%	45,800	$13.1M	No change
AGG iShares Core U.S. Aggregate	3.51%	98,560	$9.8M	No change
SPIB SS SPDR P Int C Corp. ETF	3.26%	270,400	$9.1M	No change
SPAB SS SPDR P Agg Bond ETF	2.30%	250,600	$6.4M	No change
QQQ Invesco QQQ Trust Series 1	1.90%	9,600	$5.3M	New
IWM iShares Russell 2000 ETF	1.72%	22,200	$4.8M	No change
LMND Lemonade Inc.	0.89%	56,644	$2.5M	No change
IBIT iShares Bitcoin Trust ETF	0.77%	35,000	$2.1M	No change
CLPR Clipper Realty Inc.	0.31%	231,949	$851K	No change
GEHC GE Healthcare Technology	0.08%	3,125	$231K	No change

Other holdings (2): bonds, preferreds, convertibles and warrants · $3.4M (not counted above)

Security	Class	Shares / Principal	Value	Change
CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29)	NOTE 5.125%11/1 · principal	1,800,000	$1.8M	No change
ARBOR REALTY TRUST INC (ABR 7.5 08/01/25)	NOTE 7.500% 8/0 · principal	1,651,000	$1.6M	Add +395.8%

Total filed on the 13F, all lines: $281.8M.

Portfolio Sells Q1 2025 → Q2 2025


None this quarter.

Portfolio Buys Q1 2025 → Q2 2025


VOO Vanguard S&P 500 ETF	Add +58.4%	40.07%	+8.67
QQQ Invesco QQQ Trust Series 1	New	1.90%	+1.90
IVV iShares Core S&P 500 ETF	Add +14.0%	33.52%	−2.97

Notes & Other Activity Q1 2025 → Q2 2025


BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27)	NOTE 5.500% 3/1 · principal	Sold out	2,333,000	$2.3Mbefore exit
ARBOR REALTY TRUST INC (ABR 7.5 08/01/25)	NOTE 7.500% 8/0 · principal	Add +395.8%	1,651,000	$1.6M

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

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	14	$336.3M	VOO, IVV, IGSB, VV, AGG
Q1 2026	14	$299.2M	VOO, IVV, IGSB, VV, AGG
Q4 2025	14	$314.0M	VOO, IVV, IGSB, VV, CRCL
Q3 2025	13	$297.5M	VOO, IVV, IGSB, VV, AGG
Q2 2025	13	$278.4M	VOO, IVV, IGSB, VV, AGG
Q1 2025	12	$202.9M	IVV, VOO, IGSB, VV, AGG
Q4 2024	12	$210.6M	IVV, VOO, IGSB, VV, AGG
Q3 2024	12	$207.2M	IVV, VOO, IGSB, VV, AGG
Q2 2024	12	$196.8M	IVV, VOO, IGSB, VV, AGG
Q1 2024	13	$192.0M	IVV, VOO, IGSB, VV, AGG