BTS Asset Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), BTS Asset Management, Inc. reported 30 stock positions worth $104.9 million. Its top holding was Xtrackers Usd High Yield Cor (HYLB) at 60.3% of the portfolio, followed by SS SPDR BB High Yield Bond (JNK, 18.1%) and iShares Broad Usd High Yield (USHY, 9.2%). Compared with Q2 2024, it opened 19 new positions, sold out of 11, added to 4 and reduced 7. The biggest buy was iShares Broad Usd High Yield (USHY, shares +1079%) and the biggest sale an exit from Vaneck High Yield Muni ETF (HYD).
- Most Recent 13F
- Q2 2026
- Location
- Lincoln, MA
- CIK
- 0001532842
- Portfolio Value
- $104.9M (Q3 2024)
- SEC Filing
- 0001580642-24-006261 ↗ filed Oct 22, 2024
Holdings Value
Holdings 30 stocks · $104.9M
| HYLB Xtrackers Usd High Yield Cor | 60.33% | 1,714,110 | $63.3M | Reduce -10.0% |
| JNK SS SPDR BB High Yield Bond | 18.11% | 194,248 | $19.0M | Reduce -10.7% |
| USHY iShares Broad Usd High Yield | 9.16% | 255,101 | $9.6M | Add +1078.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.28% | 3,162 | $1.3M | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 1.11% | 14,546 | $1.2M | Reduce -37.9% |
| FLOT iShares Floating Rate Bond E | 0.94% | 19,407 | $991K | Add +132.6% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.63% | 20,593 | $661K | New |
| CWB SS SPDR BB Conv Sec ETF | 0.63% | 8,607 | $659K | Reduce -88.2% |
| STLD Steel Dynamics Inc. | 0.59% | 4,881 | $615K | Add +65.2% |
| JEPI JPMorgan Equity Premium Inco | 0.59% | 11,237 | $615K | New |
| SPHY SS SPDR P High Yield ETF | 0.49% | 21,210 | $510K | New |
| TFLO iShares Treasury Floating Ra | 0.47% | 9,789 | $495K | Reduce -35.4% |
| JAAA Janus Henderson Aaa Clo ETF | 0.47% | 9,731 | $495K | Add +16.1% |
| MUB iShares National Muni Bond E | 0.47% | 4,554 | $495K | New |
| BND Vanguard Total Bond Market | 0.47% | 6,495 | $488K | Reduce -19.4% |
| ROIV Roivant Sciences Ltd. | 0.43% | 38,980 | $450K | New |
| GLD SPDR Gold Shares | 0.32% | 1,377 | $335K | New |
| VYM Vanguard High DVD Yield ETF | 0.32% | 2,591 | $332K | New |
| IHY Vaneck Int High Yield Bond | 0.32% | 15,312 | $331K | New |
| EMB iShares JP Morgan Usd Emergi | 0.31% | 3,528 | $330K | New |
| VRP Invesco Variable Rate Prefer | 0.31% | 13,467 | $329K | Reduce -2.8% |
| XLY SS Consumer Disc Select Sect | 0.30% | 1,555 | $312K | New |
| CNH CNH Industrial NV | 0.28% | 26,741 | $297K | New |
| MSFT Microsoft Corp. | 0.27% | 669 | $288K | New |
| ACN Accenture PLC Class A | 0.27% | 813 | $286K | New |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.27% | 5,170 | $284K | New |
| CUBE Cubesmart | 0.25% | 4,949 | $266K | New |
| COKE Coca-Cola Consolidated Inc. | 0.21% | 170 | $222K | New |
| IEF iShares 7-10 Year Treasury B | 0.20% | 2,169 | $213K | New |
| HSY The Hershey Co. | 0.20% | 1,070 | $205K | New |
Portfolio Sells Q2 2024 → Q3 2024
| HYD Vaneck High Yield Muni ETF | Sold out | 0.00% | −5.03 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -88.2% | 0.63% | −4.26 |
| HYLB Xtrackers Usd High Yield Cor | Reduce -10.0% | 60.33% | −2.61 |
| JNK SS SPDR BB High Yield Bond | Reduce -10.7% | 18.11% | −1.00 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -37.9% | 1.11% | −0.57 |
| JBBB Janus Henderson B-BBB Clo Et | Sold out | 0.00% | −0.39 |
| VIG Vanguard Dividend Apprec ETF | Sold out | 0.00% | −0.34 |
| PCEF Invesco Cef Income Composite | Sold out | 0.00% | −0.32 |
| AMLP Alerian MLP ETF | Sold out | 0.00% | −0.32 |
| BWX SS SPDR BB Intl Treasury BD | Sold out | 0.00% | −0.31 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.30 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.26 |
| TFLO iShares Treasury Floating Ra | Reduce -35.4% | 0.47% | −0.24 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.24 |
| IBND SS SPDR BB Intl Corp. BD ETF | Sold out | 0.00% | −0.24 |
| VPU Vanguard Utilities ETF | Sold out | 0.00% | −0.19 |
| BND Vanguard Total Bond Market | Reduce -19.4% | 0.47% | −0.08 |
| VRP Invesco Variable Rate Prefer | Reduce -2.8% | 0.31% | +0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| USHY iShares Broad Usd High Yield | Add +1078.8% | 9.16% | +8.43 |
| DIA SS SPDR Dow Jones Indus Avg | New | 1.28% | +1.28 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | New | 0.63% | +0.63 |
| JEPI JPMorgan Equity Premium Inco | New | 0.59% | +0.59 |
| FLOT iShares Floating Rate Bond E | Add +132.6% | 0.94% | +0.55 |
| SPHY SS SPDR P High Yield ETF | New | 0.49% | +0.49 |
| MUB iShares National Muni Bond E | New | 0.47% | +0.47 |
| ROIV Roivant Sciences Ltd. | New | 0.43% | +0.43 |
| GLD SPDR Gold Shares | New | 0.32% | +0.32 |
| VYM Vanguard High DVD Yield ETF | New | 0.32% | +0.32 |
| IHY Vaneck Int High Yield Bond | New | 0.32% | +0.32 |
| EMB iShares JP Morgan Usd Emergi | New | 0.31% | +0.31 |
| XLY SS Consumer Disc Select Sect | New | 0.30% | +0.30 |
| CNH CNH Industrial NV | New | 0.28% | +0.28 |
| MSFT Microsoft Corp. | New | 0.27% | +0.27 |
| ACN Accenture PLC Class A | New | 0.27% | +0.27 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.27% | +0.27 |
| CUBE Cubesmart | New | 0.25% | +0.25 |
| STLD Steel Dynamics Inc. | Add +65.2% | 0.59% | +0.24 |
| COKE Coca-Cola Consolidated Inc. | New | 0.21% | +0.21 |
| IEF iShares 7-10 Year Treasury B | New | 0.20% | +0.20 |
| HSY The Hershey Co. | New | 0.20% | +0.20 |
| JAAA Janus Henderson Aaa Clo ETF | Add +16.1% | 0.47% | +0.07 |
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 |