BTS Asset Management, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 15, 2025), BTS Asset Management, Inc. reported 37 stock positions worth $100.1 million. Its top holding was Xtrackers Usd High Yield Cor (HYLB) at 58.0% of the portfolio, followed by SS SPDR BB High Yield Bond (JNK, 17.4%) and iShares Broad Usd High Yield (USHY, 8.8%). Compared with Q3 2024, it opened 22 new positions, sold out of 15, added to 3 and reduced 12. The biggest buy was a new position in Reliance (RS) and the biggest sale Xtrackers Usd High Yield Cor (HYLB, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- Lincoln, MA
- CIK
- 0001532842
- Portfolio Value
- $100.1M (Q4 2024)
- SEC Filing
- 0001580642-25-000317 ↗ filed Jan 15, 2025
Holdings Value
Holdings 37 stocks · $100.1M
| HYLB Xtrackers Usd High Yield Cor | 57.99% | 1,608,709 | $58.0M | Reduce -6.2% |
| JNK SS SPDR BB High Yield Bond | 17.44% | 182,824 | $17.5M | Reduce -5.9% |
| USHY iShares Broad Usd High Yield | 8.82% | 239,943 | $8.8M | Reduce -5.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.24% | 2,922 | $1.2M | Reduce -7.6% |
| SPHY SS SPDR P High Yield ETF | 1.10% | 47,109 | $1.1M | Add +122.1% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 1.09% | 13,837 | $1.1M | Reduce -4.9% |
| FLOT iShares Floating Rate Bond E | 0.95% | 18,694 | $951K | Reduce -3.7% |
| RS Reliance Inc. | 0.71% | 2,625 | $707K | New |
| VIG Vanguard Dividend Apprec ETF | 0.60% | 3,073 | $602K | New |
| JEPI JPMorgan Equity Premium Inco | 0.60% | 10,433 | $600K | Reduce -7.2% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.60% | 10,618 | $599K | Add +105.4% |
| HRL Hormel Foods Corp. | 0.53% | 16,928 | $531K | New |
| GOOGL Alphabet Inc. Class A | 0.48% | 2,561 | $485K | New |
| SHY iShares 1-3 Year Treasury Bo | 0.47% | 5,799 | $475K | New |
| TFLO iShares Treasury Floating Ra | 0.47% | 9,423 | $475K | Reduce -3.7% |
| IBND SS SPDR BB Intl Corp. BD ETF | 0.47% | 16,665 | $473K | New |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.46% | 4,164 | $459K | New |
| ROIV Roivant Sciences Ltd. | 0.46% | 38,712 | $458K | Reduce -0.7% |
| BND Vanguard Total Bond Market | 0.42% | 5,792 | $416K | Reduce -10.8% |
| META Meta Platforms Inc. Class A | 0.34% | 582 | $341K | New |
| CSCO Cisco Systems Inc. | 0.32% | 5,486 | $325K | New |
| JBBB Janus Henderson B-BBB Clo Et | 0.32% | 6,447 | $317K | New |
| AMLP Alerian MLP ETF | 0.32% | 6,578 | $317K | New |
| SDOG Alps Sector Dividend Dogs | 0.32% | 5,603 | $317K | New |
| SJNK SS SPDR BB St Hi Yield ETF | 0.32% | 12,535 | $317K | New |
| NOBL Proshares S&P 500 Dividend A | 0.32% | 3,174 | $316K | New |
| HSY The Hershey Co. | 0.31% | 1,833 | $310K | Add +71.3% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.30% | 15,775 | $302K | Reduce -23.4% |
| VNOM Viper Energy Partners LP | 0.30% | 6,077 | $298K | New |
| GLD SPDR Gold Shares | 0.26% | 1,067 | $258K | Reduce -22.5% |
| NUE Nucor Corp. | 0.26% | 2,187 | $255K | New |
| NVDA Nvidia Corp. | 0.25% | 1,888 | $254K | New |
| SEIC Sei Investments Company | 0.25% | 3,073 | $253K | New |
| LMT Lockheed Martin Corp. | 0.24% | 502 | $244K | New |
| SWKS Skyworks Solutions Inc. | 0.23% | 2,585 | $229K | New |
| CMCSA Comcast Corp. Class A | 0.22% | 5,973 | $224K | New |
| SNA Snap-on Inc. | 0.22% | 649 | $220K | New |
Portfolio Sells Q3 2024 → Q4 2024
| HYLB Xtrackers Usd High Yield Cor | Reduce -6.2% | 57.99% | −2.34 |
| JNK SS SPDR BB High Yield Bond | Reduce -5.9% | 17.44% | −0.67 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.63 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −0.59 |
| JAAA Janus Henderson Aaa Clo ETF | Sold out | 0.00% | −0.47 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.47 |
| USHY iShares Broad Usd High Yield | Reduce -5.9% | 8.82% | −0.34 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Reduce -23.4% | 0.30% | −0.33 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.32 |
| IHY Vaneck Int High Yield Bond | Sold out | 0.00% | −0.32 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.31 |
| VRP Invesco Variable Rate Prefer | Sold out | 0.00% | −0.31 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.30 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.28 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.27 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.27 |
| CUBE Cubesmart | Sold out | 0.00% | −0.25 |
| COKE Coca-Cola Consolidated Inc. | Sold out | 0.00% | −0.21 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.20 |
| GLD SPDR Gold Shares | Reduce -22.5% | 0.26% | −0.06 |
| BND Vanguard Total Bond Market | Reduce -10.8% | 0.42% | −0.05 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -7.6% | 1.24% | −0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -4.9% | 1.09% | −0.03 |
| TFLO iShares Treasury Floating Ra | Reduce -3.7% | 0.47% | +0.00 |
| FLOT iShares Floating Rate Bond E | Reduce -3.7% | 0.95% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Reduce -7.2% | 0.60% | +0.01 |
| ROIV Roivant Sciences Ltd. | Reduce -0.7% | 0.46% | +0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| RS Reliance Inc. | New | 0.71% | +0.71 |
| SPHY SS SPDR P High Yield ETF | Add +122.1% | 1.10% | +0.62 |
| VIG Vanguard Dividend Apprec ETF | New | 0.60% | +0.60 |
| HRL Hormel Foods Corp. | New | 0.53% | +0.53 |
| GOOGL Alphabet Inc. Class A | New | 0.48% | +0.48 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.47% | +0.47 |
| IBND SS SPDR BB Intl Corp. BD ETF | New | 0.47% | +0.47 |
| SJM The JM Smucker Co. | New | 0.46% | +0.46 |
| META Meta Platforms Inc. Class A | New | 0.34% | +0.34 |
| JEPQ JPM Nasdaq Equity Premium | Add +105.4% | 0.60% | +0.33 |
| CSCO Cisco Systems Inc. | New | 0.32% | +0.32 |
| JBBB Janus Henderson B-BBB Clo Et | New | 0.32% | +0.32 |
| AMLP Alerian MLP ETF | New | 0.32% | +0.32 |
| SDOG Alps Sector Dividend Dogs | New | 0.32% | +0.32 |
| SJNK SS SPDR BB St Hi Yield ETF | New | 0.32% | +0.32 |
| NOBL Proshares S&P 500 Dividend A | New | 0.32% | +0.32 |
| VNOM Viper Energy Partners LP | New | 0.30% | +0.30 |
| NUE Nucor Corp. | New | 0.26% | +0.26 |
| NVDA Nvidia Corp. | New | 0.25% | +0.25 |
| SEIC Sei Investments Company | New | 0.25% | +0.25 |
| LMT Lockheed Martin Corp. | New | 0.24% | +0.24 |
| SWKS Skyworks Solutions Inc. | New | 0.23% | +0.23 |
| CMCSA Comcast Corp. Class A | New | 0.22% | +0.22 |
| SNA Snap-on Inc. | New | 0.22% | +0.22 |
| HSY The Hershey Co. | Add +71.3% | 0.31% | +0.11 |
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 |