BTS Asset Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), BTS Asset Management, Inc. reported 35 stock positions worth $88.6 million. Its top holding was Xtrackers Usd High Yield Cor (HYLB) at 43.4% of the portfolio, followed by SS SPDR BB High Yield Bond (JNK, 17.7%) and iShares 7-10 Year Treasury B (IEF, 17.1%). Compared with Q4 2024, it opened 18 new positions, sold out of 20, added to 4 and reduced 13. The biggest buy was a new position in iShares 7-10 Year Treasury B (IEF) and the biggest sale Xtrackers Usd High Yield Cor (HYLB, shares −34%).
- Most Recent 13F
- Q2 2026
- Location
- Lincoln, MA
- CIK
- 0001532842
- Portfolio Value
- $88.6M (Q1 2025)
- SEC Filing
- 0001580642-25-002393 ↗ filed Apr 16, 2025
Holdings Value
Holdings 35 stocks · $88.6M
| HYLB Xtrackers Usd High Yield Cor | 43.40% | 1,063,231 | $38.4M | Reduce -33.9% |
| JNK SS SPDR BB High Yield Bond | 17.66% | 164,144 | $15.6M | Reduce -10.2% |
| IEF iShares 7-10 Year Treasury B | 17.14% | 159,620 | $15.2M | New |
| USHY iShares Broad Usd High Yield | 8.94% | 215,004 | $7.9M | Reduce -10.4% |
| TFLO iShares Treasury Floating Ra | 1.08% | 18,274 | $953K | Add +93.9% |
| VIG Vanguard Dividend Apprec ETF | 0.81% | 3,705 | $719K | Add +20.6% |
| SRLN SS Blackstone Sr Loan ETF | 0.70% | 15,010 | $617K | New |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.61% | 10,375 | $537K | Reduce -2.3% |
| JEPI JPMorgan Equity Premium Inco | 0.61% | 9,388 | $536K | Reduce -10.0% |
| JAAA Janus Henderson Aaa Clo ETF | 0.52% | 9,134 | $463K | New |
| FLOT iShares Floating Rate Bond E | 0.52% | 9,067 | $463K | Reduce -51.5% |
| TIP iShares Tips Bond ETF | 0.52% | 4,165 | $463K | New |
| CB Chubb Ltd. | 0.51% | 1,500 | $453K | New |
| RNR Renaissancere Holdings Ltd. | 0.51% | 1,873 | $450K | New |
| VPU Vanguard Utilities ETF | 0.44% | 1,931 | $393K | New |
| CMCSA Comcast Corp. Class A | 0.42% | 10,085 | $372K | Add +68.8% |
| MO Altria Group Inc. | 0.39% | 5,685 | $341K | New |
| COKE Coca-Cola Consolidated Inc. | 0.38% | 248 | $335K | New |
| EUDV Proshares MSCI Europe Divide | 0.35% | 6,285 | $310K | New |
| PCEF Invesco Cef Income Composite | 0.35% | 16,416 | $309K | New |
| SPHY SS SPDR P High Yield ETF | 0.35% | 13,180 | $309K | Reduce -72.0% |
| BKLN Invesco Senior Loan ETF | 0.35% | 14,897 | $308K | New |
| XLE SS Energy Select Sector | 0.35% | 3,294 | $308K | New |
| GLD SPDR Gold Shares | 0.34% | 1,036 | $299K | Reduce -2.9% |
| XOM Exxon Mobil Corp. | 0.33% | 2,450 | $291K | New |
| OMC Omnicom Group | 0.26% | 2,739 | $227K | New |
| NVDA Nvidia Corp. | 0.25% | 2,068 | $224K | Add +9.5% |
| META Meta Platforms Inc. Class A | 0.25% | 405 | $224K | Reduce -30.4% |
| LMT Lockheed Martin Corp. | 0.25% | 492 | $220K | Reduce -2.0% |
| ERIE Erie Indemnity Company Class A | 0.25% | 522 | $219K | New |
| CVX Chevron Corp. | 0.25% | 1,303 | $218K | New |
| SNA Snap-on Inc. | 0.25% | 646 | $218K | Reduce -0.5% |
| HRL Hormel Foods Corp. | 0.25% | 7,036 | $218K | Reduce -58.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.23% | 1,095 | $204K | New |
| BND Vanguard Total Bond Market | 0.23% | 2,738 | $201K | Reduce -52.7% |
Portfolio Sells Q4 2024 → Q1 2025
| HYLB Xtrackers Usd High Yield Cor | Reduce -33.9% | 43.40% | −14.59 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −1.24 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −1.09 |
| SPHY SS SPDR P High Yield ETF | Reduce -72.0% | 0.35% | −0.76 |
| RS Reliance Inc. | Sold out | 0.00% | −0.71 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.48 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.47 |
| IBND SS SPDR BB Intl Corp. BD ETF | Sold out | 0.00% | −0.47 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.46 |
| ROIV Roivant Sciences Ltd. | Sold out | 0.00% | −0.46 |
| FLOT iShares Floating Rate Bond E | Reduce -51.5% | 0.52% | −0.43 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.32 |
| JBBB Janus Henderson B-BBB Clo Et | Sold out | 0.00% | −0.32 |
| AMLP Alerian MLP ETF | Sold out | 0.00% | −0.32 |
| SDOG Alps Sector Dividend Dogs | Sold out | 0.00% | −0.32 |
| SJNK SS SPDR BB St Hi Yield ETF | Sold out | 0.00% | −0.32 |
| NOBL Proshares S&P 500 Dividend A | Sold out | 0.00% | −0.32 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.31 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Sold out | 0.00% | −0.30 |
| VNOM Viper Energy Partners LP | Sold out | 0.00% | −0.30 |
| HRL Hormel Foods Corp. | Reduce -58.4% | 0.25% | −0.28 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.26 |
| SEIC Sei Investments Company | Sold out | 0.00% | −0.25 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.23 |
| BND Vanguard Total Bond Market | Reduce -52.7% | 0.23% | −0.19 |
| META Meta Platforms Inc. Class A | Reduce -30.4% | 0.25% | −0.09 |
| LMT Lockheed Martin Corp. | Reduce -2.0% | 0.25% | +0.00 |
| JEPI JPMorgan Equity Premium Inco | Reduce -10.0% | 0.61% | +0.01 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -2.3% | 0.61% | +0.01 |
| SNA Snap-on Inc. | Reduce -0.5% | 0.25% | +0.03 |
| GLD SPDR Gold Shares | Reduce -2.9% | 0.34% | +0.08 |
| USHY iShares Broad Usd High Yield | Reduce -10.4% | 8.94% | +0.12 |
| JNK SS SPDR BB High Yield Bond | Reduce -10.2% | 17.66% | +0.22 |
Portfolio Buys Q4 2024 → Q1 2025
| IEF iShares 7-10 Year Treasury B | New | 17.14% | +17.14 |
| SRLN SS Blackstone Sr Loan ETF | New | 0.70% | +0.70 |
| TFLO iShares Treasury Floating Ra | Add +93.9% | 1.08% | +0.60 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.52% | +0.52 |
| TIP iShares Tips Bond ETF | New | 0.52% | +0.52 |
| CB Chubb Ltd. | New | 0.51% | +0.51 |
| RNR Renaissancere Holdings Ltd. | New | 0.51% | +0.51 |
| VPU Vanguard Utilities ETF | New | 0.44% | +0.44 |
| MO Altria Group Inc. | New | 0.39% | +0.39 |
| COKE Coca-Cola Consolidated Inc. | New | 0.38% | +0.38 |
| EUDV Proshares MSCI Europe Divide | New | 0.35% | +0.35 |
| PCEF Invesco Cef Income Composite | New | 0.35% | +0.35 |
| BKLN Invesco Senior Loan ETF | New | 0.35% | +0.35 |
| XLE SS Energy Select Sector | New | 0.35% | +0.35 |
| XOM Exxon Mobil Corp. | New | 0.33% | +0.33 |
| OMC Omnicom Group | New | 0.26% | +0.26 |
| ERIE Erie Indemnity Company Class A | New | 0.25% | +0.25 |
| CVX Chevron Corp. | New | 0.25% | +0.25 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.23% | +0.23 |
| VIG Vanguard Dividend Apprec ETF | Add +20.6% | 0.81% | +0.21 |
| CMCSA Comcast Corp. Class A | Add +68.8% | 0.42% | +0.20 |
| NVDA Nvidia Corp. | Add +9.5% | 0.25% | −0.00 |
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 |