Catalyst Capital Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Catalyst Capital Advisors LLC reported 420 stock positions worth $4.9 billion. Its top holding was iShares Core S&P Midcap ETF (IJH) at 10.7% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 10.6%) and iShares MSCI USA Min Vol Fac (USMV, 7.2%). Compared with Q4 2024, it opened 48 new positions, sold out of 145, added to 176 and reduced 152. The biggest buy was Oneok (OKE, shares +144%) and the biggest sale an exit from Enlink Midstream (ENLC).
- Most Recent 13F
- Q2 2026
- Location
- San Juan, PR
- CIK
- 0001549275
- Portfolio Value
- $4.9B (Q1 2025)
- SEC Filing
- 0001162044-25-000454 ↗ filed Apr 29, 2025
Holdings Value
Holdings 420 stocks · $4.9B
| IJH iShares Core S&P Midcap ETF | 10.67% | 8,932,011 | $521.2M | Add +10.5% |
| IWB iShares Russell 1000 ETF | 10.64% | 1,693,608 | $519.5M | Add +5.5% |
| USMV iShares MSCI USA Min Vol Fac | 7.20% | 3,755,502 | $351.7M | Add +2.9% |
| IWM iShares Russell 2000 ETF | 7.16% | 1,751,639 | $349.4M | Add +10.9% |
| VWO Vanguard Ftse Emerging Marke | 7.05% | 7,609,189 | $344.4M | Add +5.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.10% | 532,813 | $298.1M | Add +5.4% |
| IJR iShares Core S&P Small-Cap E | 5.40% | 2,519,585 | $263.5M | Add +12.1% |
| VOO Vanguard S&P 500 ETF | 2.78% | 263,721 | $135.5M | Add +5.2% |
| INDA iShares MSCI India ETF | 2.62% | 2,484,481 | $127.9M | Add +11.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 2.40% | 455,103 | $117.0M | Add +5.5% |
| DFAC Dimensional US Core Equity 2 | 2.24% | 3,322,214 | $109.6M | Add +5.8% |
| VNQ Vanguard Real Estate ETF | 2.23% | 1,201,208 | $108.8M | Add +3.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.14% | 404,194 | $104.5M | Reduce -0.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.66% | 365,075 | $81.0M | Add +15.8% |
| EWU iShares MSCI United Kingdom | 1.35% | 1,763,090 | $66.1M | Reduce -0.3% |
| IWR iShares Russell Mid-Cap ETF | 1.35% | 774,720 | $65.9M | Add +6.8% |
| IQLT iShares MSCI International Q | 1.33% | 1,634,145 | $64.9M | Reduce -0.4% |
| EWJ iShares MSCI Japan ETF | 1.22% | 865,772 | $59.4M | Add +0.2% |
| EWT iShares MSCI Taiwan ETF | 1.18% | 1,216,247 | $57.7M | Add +5.4% |
| DFAE Dimensional Emerging Core Eq | 1.04% | 1,964,116 | $50.9M | Add +5.0% |
| DFIC Dimensional International Co. | 0.99% | 1,741,130 | $48.4M | Reduce -0.6% |
| LNG Cheniere Energy Inc. | 0.89% | 186,817 | $43.2M | Add +12.0% |
| QUAL iShares MSCI USA Quality Fac | 0.85% | 243,808 | $41.7M | Add +5.7% |
| ET Energy Transfer LP | 0.79% | 2,072,055 | $38.5M | Add +6.1% |
| DUHP Dimensional US High Profi Et | 0.77% | 1,132,910 | $37.5M | Add +10.5% |
| OKE Oneok Inc. | 0.75% | 367,433 | $36.5M | Add +144.3% |
| NEXT Nextdecade Corp. | 0.73% | 4,597,423 | $35.8M | Add +22.6% |
| TRGP Targa Resources Corp. | 0.67% | 163,214 | $32.7M | Add +9.1% |
| EWL iShares MSCI Switzerland ETF | 0.47% | 446,817 | $23.1M | Reduce -5.1% |
| KMI Kinder Morgan Inc. | 0.46% | 779,263 | $22.2M | Add +4.0% |
| EWZ iShares MSCI Brazil ETF | 0.44% | 832,621 | $21.5M | Reduce -7.2% |
| EPI Wisdomtree India Earnings | 0.44% | 489,104 | $21.4M | Add +10.8% |
| EWW iShares MSCI Mexico ETF | 0.43% | 412,324 | $21.0M | Reduce -0.6% |
| EWC iShares MSCI Canada ETF | 0.42% | 503,030 | $20.5M | Reduce -0.3% |
| EWA iShares MSCI Australia ETF | 0.40% | 837,154 | $19.6M | Reduce -0.1% |
| WMB Williams Cos Inc. | 0.39% | 322,489 | $19.3M | Add +10.8% |
| EPD Enterprise Products Partners | 0.39% | 555,691 | $19.0M | Add +11.9% |
| PAGP Plains GP Holdings LP | 0.39% | 885,873 | $18.9M | Add +18.0% |
| WES Western Midstream Partners L | 0.39% | 461,365 | $18.9M | Add +30.6% |
| MPLX MPLX LP | 0.38% | 349,962 | $18.7M | Add +18.5% |
| ENB Enbridge Inc. | 0.37% | 407,266 | $18.0M | Add +12.1% |
| TRP TC Energy Corp. | 0.37% | 378,813 | $17.9M | Add +16.4% |
| PBA Pembina Pipeline Corp. | 0.36% | 445,057 | $17.8M | Add +18.0% |
| SRLN SS Blackstone Sr Loan ETF | 0.32% | 374,591 | $15.4M | Add +133.9% |
| BKLN Invesco Senior Loan ETF | 0.30% | 711,031 | $14.7M | Add +66.9% |
| VG Venture Global Inc. Class A | 0.29% | 1,386,900 | $14.3M | New |
| KNTK Kinetik Holdings Inc. | 0.29% | 270,487 | $14.0M | Add +10.2% |
| DTM DT Midstream Inc. | 0.28% | 144,025 | $13.9M | Add +10.1% |
| EWS iShares MSCI Singapore ETF | 0.27% | 546,384 | $13.0M | Add +11.4% |
| EWH iShares MSCI Hong Kong ETF | 0.26% | 735,500 | $12.9M | Reduce -1.2% |
| AGG iShares Core U.S. Aggregate | 0.25% | 125,169 | $12.4M | Add +50.5% |
| EWP iShares MSCI Spain ETF | 0.21% | 268,700 | $10.2M | Reduce -17.8% |
| EWQ iShares MSCI France ETF | 0.20% | 247,269 | $9.8M | Reduce -8.5% |
| HESM Hess Midstream LP Class A | 0.18% | 207,931 | $8.8M | Add +6.5% |
| VGK Vanguard Ftse Europe ETF | 0.16% | 108,039 | $7.6M | Reduce -8.9% |
| NFE New Fortress Energy Inc. | 0.15% | 908,485 | $7.5M | Add +65.2% |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | 0.15% | 7,225,000 | $7.2M | No change |
| EZA iShares MSCI South Africa Et | 0.14% | 145,275 | $7.0M | Add +15.7% |
| MSFT Microsoft Corp. | 0.13% | 17,355 | $6.5M | Reduce -37.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.13% | 81,223 | $6.4M | No change |
| AMZN Amazon.com Inc. | 0.13% | 32,530 | $6.2M | Reduce -0.2% |
| PULS Pgim Ultra Short Bond ETF | 0.12% | 119,165 | $5.9M | No change |
| SOBO South Bow Corp. | 0.12% | 224,579 | $5.7M | Add +6.8% |
| META Meta Platforms Inc. Class A | 0.12% | 9,871 | $5.7M | Add +3.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.11% | 106,764 | $5.6M | No change |
| EWM iShares MSCI Malaysia ETF | 0.11% | 240,192 | $5.5M | Add +10.4% |
| AAPL Apple Inc. | 0.11% | 24,409 | $5.4M | Add +9.7% |
| GOOGL Alphabet Inc. Class A | 0.11% | 34,598 | $5.4M | Add +446.7% |
| APO Apollo Global Management Inc. | 0.11% | 38,722 | $5.3M | Reduce -3.8% |
| COST Costco Wholesale Corp. | 0.10% | 5,203 | $4.9M | Reduce -6.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.10% | 29,300 | $4.9M | Reduce -7.1% |
| MSI Motorola Solutions Inc. | 0.10% | 10,982 | $4.8M | Reduce -2.0% |
| NVS Novartis AG-Sponsored ADR | 0.10% | 43,092 | $4.8M | Add +81.5% |
| BRO Brown & Brown Inc. | 0.10% | 37,527 | $4.7M | Reduce -5.5% |
| AXP American Express Co. | 0.09% | 16,628 | $4.5M | Reduce -3.1% |
| TDG Transdigm Group Inc. | 0.09% | 3,121 | $4.3M | Reduce -7.7% |
| GLDM SPDR Gold Minishares Trust | 0.09% | 68,500 | $4.2M | Reduce -6.8% |
| APH Amphenol Corp. Class A | 0.08% | 61,320 | $4.0M | Reduce -5.1% |
| FLEX Flex Ltd. | 0.08% | 112,815 | $3.7M | Reduce -6.2% |
| SNY Sanofi-ADR | 0.08% | 67,278 | $3.7M | No change |
| CSCO Cisco Systems Inc. | 0.08% | 60,053 | $3.7M | Add +2.9% |
| TUR iShares MSCI Turkey ETF | 0.07% | 109,247 | $3.6M | Add +6.9% |
| THD iShares MSCI Thailand ETF | 0.07% | 68,899 | $3.6M | Add +5.7% |
| FFIV F5 Inc. | 0.07% | 13,100 | $3.5M | Reduce -6.3% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.07% | 60,480 | $3.5M | Reduce -6.7% |
| BLK BlackRock Inc. | 0.07% | 3,352 | $3.2M | Add +6.4% |
| CAH Cardinal Health Inc. | 0.07% | 23,027 | $3.2M | Add +3071.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.06% | 6,683 | $3.1M | Add +0.2% |
| CMI Cummins Inc. | 0.06% | 9,970 | $3.1M | Reduce -7.4% |
| SE Sea Ltd.-ADR | 0.06% | 23,225 | $3.0M | New |
| NVDA Nvidia Corp. | 0.06% | 27,960 | $3.0M | Add +181.2% |
| RL Ralph Lauren Corp. | 0.06% | 13,665 | $3.0M | Reduce -7.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.06% | 8,155 | $2.9M | Add +4430.6% |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) filed as NEW MTN FIN CORP | 0.06% | 2,825,000 | $2.9M | No change |
| USFD US Foods Holding Corp. | 0.06% | 41,327 | $2.7M | Reduce -6.5% |
| DGX Quest Diagnostics Inc. | 0.06% | 15,925 | $2.7M | New |
| TAK Takeda Pharmaceutic-SP ADR | 0.06% | 181,000 | $2.7M | Add +1.7% |
| PENNYMAC CORP (PMT 5.5 03/15/26) | 0.06% | 2,700,000 | $2.7M | No change |
| CVX Chevron Corp. | 0.05% | 15,933 | $2.7M | Reduce -0.4% |
| CRBG Corebridge Financial Inc. | 0.05% | 84,090 | $2.7M | Reduce -6.5% |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T calls ($1.2M), STATE STR SPDR S&P 500 ETF T puts ($440K).
Portfolio Sells Q4 2024 → Q1 2025
| ENLC Enlink Midstream LLC | Sold out | 0.00% | −0.55 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.18 |
| DECK Deckers Outdoor Corp. | Reduce -93.7% | 0.01% | −0.15 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.2% | 2.14% | −0.14 |
| MSFT Microsoft Corp. | Reduce -37.0% | 0.13% | −0.11 |
| IRM Iron Mountain Inc. | Reduce -98.8% | 0.00% | −0.10 |
| PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) | Sold out | 0.00% | −0.09 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -97.9% | 0.00% | −0.08 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.08 |
| SHAK Shake Shack Inc. Class A | Sold out | 0.00% | −0.05 |
| FLR Fluor Corp. | Sold out | 0.00% | −0.05 |
| TEVA Teva Pharmaceutical-SP ADR | Sold out | 0.00% | −0.05 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.05 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.04 |
| EBAY eBay Inc. | Reduce -96.5% | 0.00% | −0.04 |
| ORANY Orange-Spon ADR | Sold out | 0.00% | −0.04 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -7.1% | 0.10% | −0.03 |
| APO Apollo Global Management Inc. | Reduce -3.8% | 0.11% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -0.2% | 0.13% | −0.03 |
| EWA iShares MSCI Australia ETF | Reduce -0.1% | 0.40% | −0.02 |
| FLEX Flex Ltd. | Reduce -6.2% | 0.08% | −0.02 |
| CHE Chemed Corp. | Sold out | 0.00% | −0.02 |
| COR Cencora Inc. | Sold out | 0.00% | −0.02 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −0.02 |
| KTOS Kratos Defense & Security | Reduce -52.1% | 0.02% | −0.02 |
| AXP American Express Co. | Reduce -3.1% | 0.09% | −0.02 |
| CMI Cummins Inc. | Reduce -7.4% | 0.06% | −0.02 |
| SPHY SS SPDR P High Yield ETF | Reduce -50.0% | 0.01% | −0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -60.9% | 0.01% | −0.02 |
| LYV Live Nation Entertainment Inc. | Sold out | 0.00% | −0.02 |
| ENSG The Ensign Group Inc. | Reduce -97.3% | 0.00% | −0.01 |
| DIS The Walt Disney Co. | Reduce -27.4% | 0.02% | −0.01 |
| EWC iShares MSCI Canada ETF | Reduce -0.3% | 0.42% | −0.01 |
| APH Amphenol Corp. Class A | Reduce -5.1% | 0.08% | −0.01 |
| TSLA Tesla Inc. | Reduce -47.6% | 0.01% | −0.01 |
| MSI Motorola Solutions Inc. | Reduce -2.0% | 0.10% | −0.01 |
| OWL Blue Owl Capital Inc. | Reduce -72.3% | 0.00% | −0.01 |
| RL Ralph Lauren Corp. | Reduce -7.3% | 0.06% | −0.01 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.01 |
| VRT Vertiv Holdings Co. Class A | Reduce -5.0% | 0.01% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -91.0% | 0.00% | −0.01 |
| OPRA Opera Ltd.-ADR | Reduce -59.5% | 0.00% | −0.01 |
| SNPS Synopsys Inc. | Reduce -42.0% | 0.01% | −0.01 |
| GLW Corning Inc. | Reduce -6.6% | 0.05% | −0.01 |
| USFD US Foods Holding Corp. | Reduce -6.5% | 0.06% | −0.01 |
| FIX Comfort Systems USA Inc. | Reduce -40.5% | 0.01% | −0.01 |
| MUSA Murphy USA Inc. | Reduce -42.6% | 0.01% | −0.01 |
| ADBE Adobe Inc. | Reduce -69.0% | 0.00% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -6.2% | 0.10% | −0.01 |
| CELH Celsius Holdings Inc. | Reduce -90.0% | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| OKE Oneok Inc. | Add +144.3% | 0.75% | +0.42 |
| USMV iShares MSCI USA Min Vol Fac | Add +2.9% | 7.20% | +0.30 |
| VG Venture Global Inc. Class A | New | 0.29% | +0.29 |
| VWO Vanguard Ftse Emerging Marke | Add +5.5% | 7.05% | +0.28 |
| SRLN SS Blackstone Sr Loan ETF | Add +133.9% | 0.32% | +0.17 |
| LNG Cheniere Energy Inc. | Add +12.0% | 0.89% | +0.12 |
| INDA iShares MSCI India ETF | Add +11.6% | 2.62% | +0.12 |
| NEXT Nextdecade Corp. | Add +22.6% | 0.73% | +0.12 |
| BKLN Invesco Senior Loan ETF | Add +66.9% | 0.30% | +0.11 |
| TRGP Targa Resources Corp. | Add +9.1% | 0.67% | +0.10 |
| WES Western Midstream Partners L | Add +30.6% | 0.39% | +0.10 |
| PAGP Plains GP Holdings LP | Add +18.0% | 0.39% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +446.7% | 0.11% | +0.08 |
| MPLX MPLX LP | Add +18.5% | 0.38% | +0.08 |
| AGG iShares Core U.S. Aggregate | Add +50.5% | 0.25% | +0.08 |
| PBA Pembina Pipeline Corp. | Add +18.0% | 0.36% | +0.07 |
| CAH Cardinal Health Inc. | Add +3071.8% | 0.07% | +0.06 |
| SE Sea Ltd.-ADR | New | 0.06% | +0.06 |
| WMB Williams Cos Inc. | Add +10.8% | 0.39% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +4430.6% | 0.06% | +0.06 |
| EPD Enterprise Products Partners | Add +11.9% | 0.39% | +0.06 |
| DGX Quest Diagnostics Inc. | New | 0.06% | +0.06 |
| VRSN Verisign Inc. | New | 0.05% | +0.05 |
| NVS Novartis AG-Sponsored ADR | Add +81.5% | 0.10% | +0.05 |
| CORT Corcept Therapeutics Inc. | New | 0.04% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +15.8% | 1.66% | +0.04 |
| TRP TC Energy Corp. | Add +16.4% | 0.37% | +0.04 |
| ENB Enbridge Inc. | Add +12.1% | 0.37% | +0.04 |
| SHOP Shopify Inc. Class A | New | 0.04% | +0.04 |
| EXPE Expedia Group Inc. | New | 0.04% | +0.04 |
| EWS iShares MSCI Singapore ETF | Add +11.4% | 0.27% | +0.04 |
| TEAM Atlassian Corp. Class A | Add +6404.9% | 0.03% | +0.03 |
| NVDA Nvidia Corp. | Add +181.2% | 0.06% | +0.03 |
| RDDT Reddit Inc. Class A | New | 0.03% | +0.03 |
| EZA iShares MSCI South Africa Et | Add +15.7% | 0.14% | +0.03 |
| DFAE Dimensional Emerging Core Eq | Add +5.0% | 1.04% | +0.03 |
| DUHP Dimensional US High Profi Et | Add +10.5% | 0.77% | +0.03 |
| HESM Hess Midstream LP Class A | Add +6.5% | 0.18% | +0.03 |
| GRPN Groupon Inc. | New | 0.02% | +0.02 |
| HON Honeywell International Inc. | Add +148.7% | 0.04% | +0.02 |
| KMI Kinder Morgan Inc. | Add +4.0% | 0.46% | +0.02 |
| CME Cme Group Inc. | Add +256.9% | 0.02% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +3.0% | 2.23% | +0.01 |
| AON Aon PLC Class A | Add +425.3% | 0.02% | +0.01 |
| EPI Wisdomtree India Earnings | Add +10.8% | 0.44% | +0.01 |
| SOBO South Bow Corp. | Add +6.8% | 0.12% | +0.01 |
| HOOD Robinhood Markets Inc. Class A | New | 0.01% | +0.01 |
| UL Unilever PLC | Add +39.2% | 0.04% | +0.01 |
| NOW ServiceNow Inc. | New | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +128.0% | 0.01% | +0.01 |
Options Activity Q4 2024 → Q1 2025
| STATE STR SPDR S&P 500 ETF T | call | Reduce -4.2% | 341 | $1.2M |
| STATE STR SPDR S&P 500 ETF T | put | Reduce -4.2% | 341 | $440K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 367 | $6.0B | IJH, IWB, IWM, USMV, VWO |
| Q1 2026 | 365 | $5.4B | IWB, IJH, IWM, USMV, VWO |
| Q4 2025 | 378 | $4.9B | IWB, IJH, USMV, IWM, VWO |
| Q3 2025 | 441 | $5.0B | IWB, IJH, IWM, USMV, VWO |
| Q2 2025 | 449 | $5.0B | IWB, IJH, IWM, VWO, USMV |
| Q1 2025 | 420 | $4.9B | IJH, IWB, USMV, IWM, VWO |
| Q4 2024 | 517 | $4.7B | IWB, IJH, IWM, USMV, VWO |
| Q3 2024 | 541 | $4.4B | IWB, IJH, IWM, USMV, VWO |
| Q2 2024 | 399 | $4.3B | IWB, IJH, IWM, USMV, VWO |
| Q1 2024 | 392 | $4.2B | IWB, IJH, IWM, USMV, VWO |