BTS Asset Management, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 5, 2024), BTS Asset Management, Inc. reported 22 stock positions worth $107.3 million. Its top holding was Xtrackers Usd High Yield Cor (HYLB) at 62.9% of the portfolio, followed by SS SPDR BB High Yield Bond (JNK, 19.1%) and Vaneck High Yield Muni ETF (HYD, 5.0%). Compared with Q1 2024, it opened 5 new positions, sold out of 19, added to 3 and reduced 14. The biggest buy was a new position in Janus Henderson Aaa Clo ETF (JAAA) and the biggest sale an exit from SS SPDR Dow Jones Indus Avg (DIA).
- Most Recent 13F
- Q2 2026
- Location
- Lincoln, MA
- CIK
- 0001532842
- Portfolio Value
- $107.3M (Q2 2024)
- SEC Filing
- 0001580642-24-004167 ↗ filed Aug 5, 2024
Holdings Value
Holdings 22 stocks · $107.3M
| HYLB Xtrackers Usd High Yield Cor | 62.94% | 1,904,747 | $67.6M | Reduce -7.1% |
| JNK SS SPDR BB High Yield Bond | 19.11% | 217,464 | $20.5M | Reduce -7.1% |
| HYD Vaneck High Yield Muni ETF | 5.03% | 104,490 | $5.4M | Reduce -7.6% |
| CWB SS SPDR BB Conv Sec ETF | 4.89% | 72,791 | $5.2M | Reduce -6.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 1.68% | 23,403 | $1.8M | Reduce -8.5% |
| USHY iShares Broad Usd High Yield | 0.73% | 21,640 | $785K | Reduce -8.4% |
| TFLO iShares Treasury Floating Ra | 0.72% | 15,154 | $768K | Reduce -4.4% |
| BND Vanguard Total Bond Market | 0.54% | 8,056 | $583K | Reduce -46.2% |
| JAAA Janus Henderson Aaa Clo ETF | 0.40% | 8,384 | $427K | New |
| FLOT iShares Floating Rate Bond E | 0.40% | 8,345 | $426K | Add +18.9% |
| JBBB Janus Henderson B-BBB Clo Et | 0.39% | 8,572 | $422K | Add +16.0% |
| STLD Steel Dynamics Inc. | 0.34% | 2,955 | $370K | New |
| VIG Vanguard Dividend Apprec ETF | 0.34% | 1,985 | $364K | Reduce -34.8% |
| PCEF Invesco Cef Income Composite | 0.32% | 18,383 | $346K | Reduce -24.8% |
| AMLP Alerian MLP ETF | 0.32% | 7,165 | $344K | Reduce -13.7% |
| BWX SS SPDR BB Intl Treasury BD | 0.31% | 15,620 | $335K | Add +32.8% |
| VRP Invesco Variable Rate Prefer | 0.31% | 13,857 | $332K | Reduce -9.7% |
| TIP iShares Tips Bond ETF | 0.30% | 2,999 | $320K | New |
| LW Lamb Weston Holdings Inc. | 0.26% | 3,288 | $274K | New |
| TLT iShares 20+ Year Treasury BD | 0.24% | 2,819 | $259K | Reduce -39.4% |
| IBND SS SPDR BB Intl Corp. BD ETF | 0.24% | 8,896 | $255K | Reduce -41.2% |
| VPU Vanguard Utilities ETF | 0.19% | 1,359 | $202K | New |
Portfolio Sells Q1 2024 → Q2 2024
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −1.58 |
| BND Vanguard Total Bond Market | Reduce -46.2% | 0.54% | −0.36 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.30 |
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −0.30 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.27 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.22 |
| PSP Invesco Global Listed Privat | Sold out | 0.00% | −0.16 |
| VFH Vanguard Financials ETF | Sold out | 0.00% | −0.15 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.15 |
| HYMB SS SPDR N Ice HY Muni ETF | Sold out | 0.00% | −0.15 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −0.15 |
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −0.15 |
| IYR iShares US Real Estate ETF | Sold out | 0.00% | −0.15 |
| IYJ iShares U.S. Industrials ETF | Sold out | 0.00% | −0.14 |
| VHT Vanguard Health Care ETF | Sold out | 0.00% | −0.14 |
| IBND SS SPDR BB Intl Corp. BD ETF | Reduce -41.2% | 0.24% | −0.13 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.13 |
| TLT iShares 20+ Year Treasury BD | Reduce -39.4% | 0.24% | −0.12 |
| VIG Vanguard Dividend Apprec ETF | Reduce -34.8% | 0.34% | −0.12 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.09 |
| VIS Vanguard Industrials ETF | Sold out | 0.00% | −0.08 |
| IHY Vaneck Int High Yield Bond | Sold out | 0.00% | −0.07 |
| REM iShares Mortgage Real Estate | Sold out | 0.00% | −0.07 |
| PCEF Invesco Cef Income Composite | Reduce -24.8% | 0.32% | −0.06 |
| AMLP Alerian MLP ETF | Reduce -13.7% | 0.32% | −0.01 |
| VRP Invesco Variable Rate Prefer | Reduce -9.7% | 0.31% | +0.01 |
| USHY iShares Broad Usd High Yield | Reduce -8.4% | 0.73% | +0.02 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -8.5% | 1.68% | +0.04 |
| TFLO iShares Treasury Floating Ra | Reduce -4.4% | 0.72% | +0.05 |
| HYD Vaneck High Yield Muni ETF | Reduce -7.6% | 5.03% | +0.15 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -6.5% | 4.89% | +0.18 |
| JNK SS SPDR BB High Yield Bond | Reduce -7.1% | 19.11% | +0.67 |
| HYLB Xtrackers Usd High Yield Cor | Reduce -7.1% | 62.94% | +2.35 |
Portfolio Buys Q1 2024 → Q2 2024
| JAAA Janus Henderson Aaa Clo ETF | New | 0.40% | +0.40 |
| STLD Steel Dynamics Inc. | New | 0.34% | +0.34 |
| TIP iShares Tips Bond ETF | New | 0.30% | +0.30 |
| LW Lamb Weston Holdings Inc. | New | 0.26% | +0.26 |
| VPU Vanguard Utilities ETF | New | 0.19% | +0.19 |
| FLOT iShares Floating Rate Bond E | Add +18.9% | 0.40% | +0.10 |
| BWX SS SPDR BB Intl Treasury BD | Add +32.8% | 0.31% | +0.10 |
| JBBB Janus Henderson B-BBB Clo Et | Add +16.0% | 0.39% | +0.09 |
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 |