BTS Asset Management, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 22, 2024), BTS Asset Management, Inc. reported 36 stock positions worth $120.9 million. Its top holding was Xtrackers Usd High Yield Cor (HYLB) at 60.6% of the portfolio, followed by SS SPDR BB High Yield Bond (JNK, 18.4%) and Vaneck High Yield Muni ETF (HYD, 4.9%). Compared with Q4 2023, it opened 12 new positions, sold out of 1, added to 13 and reduced 11. The biggest buy was Xtrackers Usd High Yield Cor (HYLB, shares +22%) and the biggest sale an exit from iShares 7-10 Year Treasury B (IEF).
- Most Recent 13F
- Q2 2026
- Location
- Lincoln, MA
- CIK
- 0001532842
- Portfolio Value
- $120.9M (Q1 2024)
- SEC Filing
- 0001580642-24-002214 ↗ filed Apr 22, 2024
Holdings Value
Holdings 36 stocks · $120.9M
| HYLB Xtrackers Usd High Yield Cor | 60.59% | 2,050,270 | $73.2M | Add +22.4% |
| JNK SS SPDR BB High Yield Bond | 18.44% | 234,068 | $22.3M | Reduce -11.3% |
| HYD Vaneck High Yield Muni ETF | 4.89% | 113,093 | $5.9M | Reduce -10.8% |
| CWB SS SPDR BB Conv Sec ETF | 4.70% | 77,813 | $5.7M | Reduce -9.8% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 1.64% | 25,567 | $2.0M | Reduce -11.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.58% | 4,805 | $1.9M | Reduce -26.5% |
| BND Vanguard Total Bond Market | 0.90% | 14,963 | $1.1M | Reduce -33.3% |
| USHY iShares Broad Usd High Yield | 0.72% | 23,635 | $865K | New |
| TFLO iShares Treasury Floating Ra | 0.66% | 15,857 | $804K | Add +8.9% |
| VIG Vanguard Dividend Apprec ETF | 0.46% | 3,045 | $555K | Reduce -38.0% |
| PCEF Invesco Cef Income Composite | 0.38% | 24,453 | $461K | Add +12.5% |
| IBND SS SPDR BB Intl Corp. BD ETF | 0.36% | 15,127 | $440K | Add +12.6% |
| TLT iShares 20+ Year Treasury BD | 0.36% | 4,648 | $440K | Add +20.5% |
| AMLP Alerian MLP ETF | 0.33% | 8,305 | $394K | Add +15.6% |
| VRP Invesco Variable Rate Prefer | 0.30% | 15,337 | $365K | Add +7.0% |
| GLD SPDR Gold Shares | 0.30% | 1,794 | $364K | Add +9.4% |
| JBBB Janus Henderson B-BBB Clo Et | 0.30% | 7,391 | $361K | Add +8.5% |
| FLOT iShares Floating Rate Bond E | 0.30% | 7,020 | $358K | Add +7.2% |
| JPST JPMorgan Ultra-Short Income | 0.30% | 7,081 | $357K | Add +7.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.27% | 1,716 | $328K | Reduce -8.8% |
| MUB iShares National Muni Bond E | 0.22% | 2,468 | $266K | Add +16.6% |
| BWX SS SPDR BB Intl Treasury BD | 0.22% | 11,764 | $262K | Add +11.4% |
| PSP Invesco Global Listed Privat | 0.16% | 2,964 | $195K | New |
| VFH Vanguard Financials ETF | 0.15% | 1,830 | $187K | New |
| EMB iShares JP Morgan Usd Emergi | 0.15% | 2,046 | $184K | New |
| HYMB SS SPDR N Ice HY Muni ETF | 0.15% | 7,036 | $181K | New |
| BKLN Invesco Senior Loan ETF | 0.15% | 8,419 | $178K | New |
| VCIT Vanguard Int-Term Corporate | 0.15% | 2,208 | $178K | New |
| IYR iShares US Real Estate ETF | 0.15% | 1,963 | $176K | New |
| IYJ iShares U.S. Industrials ETF | 0.14% | 1,369 | $172K | Reduce -27.2% |
| VHT Vanguard Health Care ETF | 0.14% | 616 | $167K | Reduce -25.6% |
| EEM iShares MSCI Emerging Market | 0.13% | 3,729 | $153K | Reduce -53.7% |
| XLE SS Energy Select Sector | 0.09% | 1,091 | $103K | New |
| VIS Vanguard Industrials ETF | 0.08% | 409 | $100K | New |
| IHY Vaneck Int High Yield Bond | 0.07% | 4,303 | $89K | New |
| REM iShares Mortgage Real Estate | 0.07% | 3,772 | $88K | New |
Portfolio Sells Q4 2023 → Q1 2024
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −17.01 |
| JNK SS SPDR BB High Yield Bond | Reduce -11.3% | 18.44% | −0.44 |
| BND Vanguard Total Bond Market | Reduce -33.3% | 0.90% | −0.35 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -26.5% | 1.58% | −0.28 |
| VIG Vanguard Dividend Apprec ETF | Reduce -38.0% | 0.46% | −0.17 |
| EEM iShares MSCI Emerging Market | Reduce -53.7% | 0.13% | −0.12 |
| HYD Vaneck High Yield Muni ETF | Reduce -10.8% | 4.89% | −0.05 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -11.6% | 1.64% | −0.04 |
| IYJ iShares U.S. Industrials ETF | Reduce -27.2% | 0.14% | −0.02 |
| VHT Vanguard Health Care ETF | Reduce -25.6% | 0.14% | −0.02 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -9.8% | 4.70% | +0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -8.8% | 0.27% | +0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| HYLB Xtrackers Usd High Yield Cor | Add +22.4% | 60.59% | +15.63 |
| USHY iShares Broad Usd High Yield | New | 0.72% | +0.72 |
| PSP Invesco Global Listed Privat | New | 0.16% | +0.16 |
| VFH Vanguard Financials ETF | New | 0.15% | +0.15 |
| EMB iShares JP Morgan Usd Emergi | New | 0.15% | +0.15 |
| HYMB SS SPDR N Ice HY Muni ETF | New | 0.15% | +0.15 |
| BKLN Invesco Senior Loan ETF | New | 0.15% | +0.15 |
| VCIT Vanguard Int-Term Corporate | New | 0.15% | +0.15 |
| IYR iShares US Real Estate ETF | New | 0.15% | +0.15 |
| TFLO iShares Treasury Floating Ra | Add +8.9% | 0.66% | +0.11 |
| AMLP Alerian MLP ETF | Add +15.6% | 0.33% | +0.10 |
| PCEF Invesco Cef Income Composite | Add +12.5% | 0.38% | +0.09 |
| XLE SS Energy Select Sector | New | 0.09% | +0.09 |
| VIS Vanguard Industrials ETF | New | 0.08% | +0.08 |
| TLT iShares 20+ Year Treasury BD | Add +20.5% | 0.36% | +0.08 |
| IHY Vaneck Int High Yield Bond | New | 0.07% | +0.07 |
| REM iShares Mortgage Real Estate | New | 0.07% | +0.07 |
| GLD SPDR Gold Shares | Add +9.4% | 0.30% | +0.06 |
| IBND SS SPDR BB Intl Corp. BD ETF | Add +12.6% | 0.36% | +0.06 |
| JBBB Janus Henderson B-BBB Clo Et | Add +8.5% | 0.30% | +0.05 |
| VRP Invesco Variable Rate Prefer | Add +7.0% | 0.30% | +0.05 |
| MUB iShares National Muni Bond E | Add +16.6% | 0.22% | +0.05 |
| FLOT iShares Floating Rate Bond E | Add +7.2% | 0.30% | +0.05 |
| JPST JPMorgan Ultra-Short Income | Add +7.3% | 0.30% | +0.05 |
| BWX SS SPDR BB Intl Treasury BD | Add +11.4% | 0.22% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 31 | $47.4M | HYLB, BIL, JEPI, TFLO, EIX |
| Q1 2026 | 31 | $25.9M | BIL, JEPI, TFLO, DIA, SRLN |
| Q4 2025 | 32 | $73.9M | HYLB, USHY, SPHD, JEPI, DIA |
| Q3 2025 | 30 | $78.0M | HYLB, USHY, SPHD, JEPI, KR |
| Q2 2025 | 34 | $83.0M | HYLB, USHY, SPHD, TFLO, SDIV |
| Q1 2025 | 35 | $88.6M | HYLB, JNK, IEF, USHY, TFLO |
| Q4 2024 | 37 | $100.1M | HYLB, JNK, USHY, DIA, SPHY |
| Q3 2024 | 30 | $104.9M | HYLB, JNK, USHY, DIA, HYG |
| Q2 2024 | 22 | $107.3M | HYLB, JNK, HYD, CWB, HYG |
| Q1 2024 | 36 | $120.9M | HYLB, JNK, HYD, CWB, HYG |