Financial Gravity Asset Management, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Financial Gravity Asset Management, Inc. reported 768 stock positions worth $518.9 million. Its top holding was iShares Intl Aggregate Bond (IAGG) at 5.9% of the portfolio, followed by Xtrackers Usd High Yield Cor (HYLB, 5.3%) and iShares 0-5 YR HY Corp. Bond (SHYG, 4.4%). Compared with Q3 2025, it opened 63 new positions, sold out of 266, added to 166 and reduced 173. The biggest buy was a new position in Triumph Financial (TFIN) and the biggest sale an exit from Triumph Financial.
- Most Recent 13F
- Q1 2026
- Location
- Lakeway, TX
- CIK
- 0001741736
- Portfolio Value
- $518.9M (Q4 2025)
- SEC Filing
- 0001683168-26-001008 ↗ filed Feb 13, 2026
Holdings Value
Holdings 768 stocks · $518.9M
| IAGG iShares Intl Aggregate Bond | 5.90% | 612,666 | $30.6M | Add +8.3% |
| HYLB Xtrackers Usd High Yield Cor | 5.29% | 745,317 | $27.5M | Add +7.9% |
| SHYG iShares 0-5 YR HY Corp. Bond | 4.35% | 526,684 | $22.6M | Add +7.4% |
| EPS Wisdomtree US Large Cap Fund | 3.77% | 276,068 | $19.6M | Add +4.6% |
| STIP iShares 0-5 Year Tips Bond E | 3.56% | 180,432 | $18.5M | Add +8.8% |
| HYDW XTRS Low Beta Hi Yield ETF | 3.52% | 387,299 | $18.3M | Add +6.6% |
| SPIB SS SPDR P Int C Corp. ETF | 3.51% | 538,057 | $18.2M | Add +6.8% |
| SPSM SS SPDR P S&P 600 Small Cap | 3.50% | 387,498 | $18.2M | Add +5.6% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 3.20% | 287,163 | $16.6M | Add +5.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.19% | 154,950 | $16.5M | Add +2.5% |
| VWOB Vanguard Emerg MKTS Gov BND | 2.81% | 216,296 | $14.6M | Add +5.9% |
| SPEM State Street SP PTF Em ETF | 2.70% | 298,897 | $14.0M | Add +4.5% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 2.49% | 298,193 | $12.9M | Add +9.4% |
| SPBO SS SPDR P Corp. Bond ETF | 2.40% | 425,259 | $12.5M | Add +6.9% |
| TSLA Tesla Inc. | 2.05% | 23,686 | $10.7M | Add +0.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.93% | 176,158 | $10.0M | Add +6.1% |
| ICVT iShares Convertible Bond ETF | 1.63% | 85,926 | $8.5M | Add +2.9% |
| IEUR iShares Core MSCI Europe ETF | 1.59% | 115,968 | $8.2M | Add +5.3% |
| UPWK Upwork Inc. | 1.53% | 401,665 | $8.0M | Add +2.6% |
| AMZN Amazon.com Inc. | 1.52% | 34,153 | $7.9M | Add +3.5% |
| MSFT Microsoft Corp. | 1.51% | 16,214 | $7.8M | Add +3.8% |
| AAPL Apple Inc. | 1.34% | 25,609 | $7.0M | Add +3.3% |
| NVS Novartis AG-Sponsored ADR | 1.29% | 48,437 | $6.7M | Add +6.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.00% | 17,064 | $5.2M | Add +2.3% |
| GOOG Alphabet Inc. Class C | 1.00% | 16,460 | $5.2M | Add +0.8% |
| VGSH Vanguard Short-Term Treasury | 0.96% | 84,754 | $5.0M | Add +3.5% |
| BSV Vanguard Short-Term Bond ETF | 0.96% | 62,989 | $5.0M | Add +2.2% |
| VMBS Vanguard Mortgage-Backed Sec | 0.95% | 105,247 | $5.0M | Add +0.6% |
| TFLO iShares Treasury Floating Ra | 0.94% | 96,275 | $4.9M | Add +1.9% |
| ICSH iShares Ultra Short Duration | 0.94% | 95,990 | $4.9M | Add +2.3% |
| META Meta Platforms Inc. Class A | 0.86% | 6,800 | $4.5M | Add +3.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.86% | 8,902 | $4.5M | Add +8.9% |
| IPAC iShares Core MSCI Pacific Et | 0.82% | 57,834 | $4.2M | Add +5.9% |
| WMT Walmart Inc. | 0.80% | 37,163 | $4.1M | Add +4.0% |
| SHW The Sherwin-Williams Co. | 0.75% | 12,021 | $3.9M | Reduce -5.8% |
| ASML ASML Holding NV-NY Reg SHS | 0.71% | 3,433 | $3.7M | Add +5.1% |
| NFLX Netflix Inc. | 0.70% | 38,704 | $3.6M | Add +7.6% |
| MAR Marriott International Class A | 0.65% | 10,864 | $3.4M | Add +4.7% |
| MMM 3M Co. | 0.63% | 20,298 | $3.2M | Add +4.3% |
| JNJ Johnson & Johnson | 0.61% | 15,272 | $3.2M | Add +5.2% |
| IVV iShares Core S&P 500 ETF | 0.60% | 4,519 | $3.1M | Reduce -16.5% |
| AZN Astrazeneca PLC-Spons ADR | 0.59% | 33,313 | $3.1M | Reduce -30.3% |
| BA The Boeing Co. | 0.59% | 13,993 | $3.0M | Add +8.0% |
| ARM Arm Holdings PLC-ADR | 0.56% | 26,539 | $2.9M | Add +8.6% |
| INTU Intuit Inc. | 0.55% | 4,319 | $2.9M | Add +8.4% |
| SYK Stryker Corp. | 0.54% | 7,940 | $2.8M | Add +7.6% |
| CRM Salesforce Inc. | 0.54% | 10,501 | $2.8M | Add +12.8% |
| ADSK Autodesk Inc. | 0.53% | 9,346 | $2.8M | Add +7.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.53% | 23,952 | $2.7M | Add +8.2% |
| KO The Coca-Cola Co. | 0.52% | 38,471 | $2.7M | Add +9.9% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.51% | 32,012 | $2.6M | Add +4.5% |
| TFIN Triumph Financial Inc. | 0.50% | 41,557 | $2.6M | New |
| UL Unilever PLC-Sponsored ADR | 0.49% | 38,491 | $2.5M | Add +7.9% |
| PG The Procter & Gamble Co. | 0.48% | 17,479 | $2.5M | Add +12.8% |
| CMG Chipotle Mexican Grill Inc. | 0.46% | 65,147 | $2.4M | Add +19.2% |
| SBUX Starbucks Corp. | 0.45% | 28,021 | $2.4M | Add +11.3% |
| CL Colgate-Palmolive Co. | 0.45% | 29,758 | $2.4M | Add +11.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.45% | 46,020 | $2.3M | Add +18.3% |
| SMG Scotts Miracle-Gro Co. | 0.45% | 39,998 | $2.3M | Add +11.4% |
| MRNA Moderna Inc. | 0.45% | 78,537 | $2.3M | Add +11.7% |
| NKE Nike Inc. Class B | 0.44% | 35,548 | $2.3M | Add +13.6% |
| SCOXX Schwab Trsry Obl MNY-Ult | 0.43% | 2,236,011 | $2.2M | Add +0.8% |
| DEO Diageo PLC-Sponsored ADR | 0.41% | 24,412 | $2.1M | Add +25.0% |
| SWVXX Schwa Prime Adv Money FD-Inv filed as SCHWAB PRIME ADVANTAGE MONEY INVESTOR | 0.31% | 1,631,466 | $1.6M | Add +5.6% |
| MLPDX Invesco Stlpth MLP Inc. Class A | 0.30% | 263,449 | $1.6M | Add +1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.25% | 1,874 | $1.3M | No change |
| VTSAX VNGD Mrngst TS MK Idx FD-Adm filed as VANGUARD TOTAL STOCK MARKET IN | 0.25% | 7,794 | $1.3M | Add +0.3% |
| MIDSX Midas Discovery | 0.23% | 338,655 | $1.2M | No change |
| QUAL iShares MSCI USA Quality Fac | 0.22% | 5,771 | $1.1M | Reduce -18.4% |
| FECRX First Eagle CRDT Opport-I | 0.21% | 48,004 | $1.1M | Add +1.8% |
| GIREX Apollo Diversif RL Est-A | 0.21% | 44,200 | $1.1M | Add +1.0% |
| BNP PARIBAS (BNP 0 08/04/27 0002) | 0.20% | 775,000 | $1.0M | No change |
| BPRE Bluerock Private Real Estate | 0.20% | 68,644 | $1.0M | New |
| CRDTX Apollo Diversified Credit-A | 0.17% | 38,434 | $871K | Add +0.4% |
| WPC WP Carey Inc. | 0.15% | 12,271 | $790K | No change |
| BNP PARIBAS (BNP 0 10/06/27 0009) | 0.12% | 450,000 | $640K | No change |
| VOO Vanguard S&P 500 ETF | 0.12% | 1,016 | $637K | Add +127.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.11% | 1,197 | $584K | No change |
| VTCLX Vanguard Tax MGD Cap Ap-Adm | 0.11% | 1,588 | $558K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.11% | 2,917 | $557K | Reduce -9.2% |
| ESGU iShares ESG Aware MSCI USA | 0.11% | 3,692 | $550K | Reduce -21.8% |
| SCHD Schwab US DVD Equity ETF | 0.10% | 19,307 | $530K | Add +82.1% |
| XOM Exxon Mobil Corp. | 0.10% | 4,230 | $509K | Reduce -5.5% |
| FSK FS KKR Capital Corp. | 0.10% | 33,904 | $502K | Reduce -10.1% |
| VWNFX Vanguard Windsor II-Inv | 0.09% | 10,453 | $491K | Add +9.9% |
| INTC Intel Corp. | 0.09% | 13,062 | $482K | No change |
| NEE Nextera Energy Inc. | 0.09% | 5,969 | $479K | Reduce -1.4% |
| AVGO Broadcom Inc. | 0.09% | 1,380 | $478K | Reduce -16.4% |
| 0 | 0.09% | 419,517 | $475K | New |
| LMT Lockheed Martin Corp. | 0.09% | 938 | $454K | No change |
| NVDA Nvidia Corp. | 0.08% | 2,312 | $431K | Reduce -28.6% |
| STBJX Ocean Park Tactical Bond-Ins | 0.08% | 17,157 | $429K | Add +2.0% |
| MA Mastercard Inc. Class A | 0.08% | 734 | $419K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.07% | 2,188 | $389K | Add +5.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.07% | 4,308 | $385K | Reduce -39.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 626 | $385K | New |
| CFR Cullen/Frost Bankers Inc. | 0.07% | 3,023 | $383K | No change |
| EPD Enterprise Products Partners | 0.07% | 11,732 | $376K | Reduce -0.1% |
| WMFFX Amer FND Wash Mut Inv-F2 filed as AMERICAN FUNDS WASHINGTON MUTUAL F2 | 0.07% | 5,622 | $366K | No change |
| FRBP Franklin BSP Capital Corp. | 0.07% | 26,524 | $363K | Add +55.2% |
Other holdings (11): bonds, preferreds, convertibles and warrants · $578K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| US TREASURY N/B (T 4.25 01/31/26) | Fixed Income | 194,000 | $194K | New |
| US TREASURY N/B (T 3.75 04/15/26) | TREASURY | 188,000 | $188K | New |
| US TREASURY N/B (T 3.75 08/31/26) | FIX | 90,000 | $90K | New |
| US TREASURY N/B (T 4.625 03/15/26) | Fixed Income | 50,000 | $50K | New |
| NEXPOINT REAL ESTATE FIN (NREF 9 PERP B&&&) | PREFERRED STOCK | 1,500 | $38K | New |
| US TREASURY N/B (T 5 05/15/37) | TREASURY BONDS | 14,000 | $15K | No change |
| US TREASURY N/B (T 2.875 11/15/46) | TREASURY BONDS | 3,000 | $2K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 36 | $694 | No change |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 160 | $482 | Reduce -0.9% |
| UNTCW Unit Corp.-CW27 | WARRANT | 2 | $5 | No change |
| SEARS ROEBUCK ACCEPTANCE (SHLD 7 07/15/42) | PREFERRED DEBT | 75 | $0 | New |
Lines left out (9) · $122 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| MFEIX MFS Growth Fund-I | MF | 0 | $69 |
| CAIFX Amer FNDS Cap Inc. BLDR-F2 | Mutual Fund | 0 | $30 |
| UBVLX Undisc MGRS Behav Val-L | BEHAVIORAL VLU L | 0 | $11 |
| AGDAX AB High Income Fund Inc. Class A | NTF BOND FUNDS | 0 | $3 |
| PONAX PIMCO Income Fund-A | NTF BOND FUNDS | 0 | $3 |
| PDBAX Pgim Total Return Bond-A | NTF BOND FUNDS | 0 | $3 |
| FAGIX Fidelity Capital & Income | BOND FUNDS | 0 | $1 |
| GTRAX Pgim Global Total Return-A | NTF BOND FUNDS | 0 | $1 |
| VBILX Vanguard Intrm BND Idx-Adm | BOND FUNDS | 0 | $1 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $519.5M.
Portfolio Sells Q3 2025 → Q4 2025
| TRIUMPH FINANCIAL INC | Sold out | 0.00% | −0.41 |
| TIPRX Bluerock TTL Inc+ RL Est-A | Sold out | 0.00% | −0.32 |
| VWENX Vanguard Wellington-Adm | Sold out | 0.00% | −0.19 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -30.3% | 0.59% | −0.13 |
| FTGS First Trust Grwth Strgth ETF | Reduce -86.5% | 0.02% | −0.12 |
| SHW The Sherwin-Williams Co. | Reduce -5.8% | 0.75% | −0.12 |
| IVV iShares Core S&P 500 ETF | Reduce -16.5% | 0.60% | −0.12 |
| AFLG First Trust Active Factor La | Reduce -86.0% | 0.02% | −0.12 |
| VWIAX Vanguard Wellesley Inc.-Adm | Reduce -77.7% | 0.03% | −0.11 |
| FEGE First Eagle GL Equity ETF | Reduce -81.8% | 0.02% | −0.11 |
| LGRYX Lord Abbett Inv GR FL RT-I | Reduce -94.0% | 0.01% | −0.10 |
| VANGUARD TARGET RETIREMENT INCOME FUND | Sold out | 0.00% | −0.10 |
| VFIAX Vanguard 500 Index-Adm | Reduce -79.3% | 0.02% | −0.08 |
| INVESCO QQQ TR | Sold out | 0.00% | −0.07 |
| FDL First Trust Morn DVD Lead Inc. | Reduce -84.5% | 0.01% | −0.06 |
| FENI Fidelity Enhanced Intl ETF | Sold out | 0.00% | −0.06 |
| FAUG FT Vest U.S. Equity Buffer E | Sold out | 0.00% | −0.06 |
| IWV iShares Russell 3000 ETF | Reduce -61.7% | 0.04% | −0.06 |
| WALTON US LAND FUND 1 LP | Sold out | 0.00% | −0.06 |
| GSIMX Gldmn SCHS GQG PRT Intl-Inst | Reduce -80.3% | 0.01% | −0.06 |
| FTQI First Trust Nasdaq Buywrite | Reduce -86.5% | 0.01% | −0.06 |
| SDVY First Trust Smid Cap Rising | Reduce -87.7% | 0.01% | −0.05 |
| FTHI Fthi/First Trust Exchange-TR | Reduce -84.9% | 0.01% | −0.05 |
| SCHM Schwab US Mid Cap ETF | Sold out | 0.00% | −0.05 |
| QUAL iShares MSCI USA Quality Fac | Reduce -18.4% | 0.22% | −0.05 |
| FTHY First Trust Hi YLD Opp 2027 | Reduce -93.3% | 0.00% | −0.05 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -39.0% | 0.07% | −0.05 |
| AIRR First Trust Rba American Ind | Reduce -89.5% | 0.01% | −0.05 |
| KNG FT Vest S&P 500 DVD Arst TRG | Reduce -90.1% | 0.00% | −0.04 |
| HMEZX Nexpoint Merger Arbitrage-Z | Reduce -98.2% | 0.00% | −0.04 |
| MAMTX BlackRock Strat Muni Opp-I | Sold out | 0.00% | −0.04 |
| GSMTX Gldmn SCHS DYN Muni Inc.-Inst | Sold out | 0.00% | −0.04 |
| LFRIX Lord Abbett Floating Rate-I | Reduce -94.7% | 0.00% | −0.04 |
| AXP American Express Co. | Sold out | 0.00% | −0.04 |
| NVDA Nvidia Corp. | Reduce -28.6% | 0.08% | −0.04 |
| FTCB FT Core Investment Grade ETF | Reduce -90.0% | 0.00% | −0.04 |
| PRWCX T Rowe PR Captl Apprec-Inv | Sold out | 0.00% | −0.04 |
| NEXUS SERIES B LLC | Sold out | 0.00% | −0.03 |
| AMRMX American Mutual Fund-A | Sold out | 0.00% | −0.03 |
| MEGI Nylim CBRE GB Infra Mtrnd TF | Reduce -88.6% | 0.00% | −0.03 |
| WCMI FT WCM International ETF | Reduce -86.3% | 0.00% | −0.03 |
| MORGAN STANLEY BANK NA (MS 5.25 05/22/29) | Sold out | 0.00% | −0.03 |
| FROGX Fidelity Adv Muni Inc. Class I | Sold out | 0.00% | −0.03 |
| FIRST TR EXCH TRADED FD III | Sold out | 0.00% | −0.03 |
| ESGU iShares ESG Aware MSCI USA | Reduce -21.8% | 0.11% | −0.03 |
| FSSL FS Specialty Lending Fund | Sold out | 0.00% | −0.03 |
| FGD First Trust DJ GL Sel DVD | Reduce -91.4% | 0.00% | −0.03 |
| AVEM Avantis Emerging Markets Eq | Sold out | 0.00% | −0.03 |
| BEXIX Baron Emerging Markets-Ins | Sold out | 0.00% | −0.03 |
| FRI First Trust S&P REIT Index F | Reduce -91.7% | 0.00% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| TFIN Triumph Financial Inc. | New | 0.50% | +0.50 |
| HYLB Xtrackers Usd High Yield Cor | Add +7.9% | 5.29% | +0.23 |
| GOOG Alphabet Inc. Class C | Add +0.8% | 1.00% | +0.21 |
| BPRE Bluerock Private Real Estate | New | 0.20% | +0.20 |
| IAGG iShares Intl Aggregate Bond | Add +8.3% | 5.90% | +0.19 |
| EPS Wisdomtree US Large Cap Fund | Add +4.6% | 3.77% | +0.18 |
| STIP iShares 0-5 Year Tips Bond E | Add +8.8% | 3.56% | +0.18 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +7.4% | 4.35% | +0.16 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +5.6% | 3.50% | +0.15 |
| SPIB SS SPDR P Int C Corp. ETF | Add +6.8% | 3.51% | +0.14 |
| NVS Novartis AG-Sponsored ADR | Add +6.5% | 1.29% | +0.14 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +5.5% | 3.20% | +0.13 |
| HYDW XTRS Low Beta Hi Yield ETF | Add +6.6% | 3.52% | +0.13 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +9.4% | 2.49% | +0.12 |
| MAR Marriott International Class A | Add +4.7% | 0.65% | +0.12 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +6.1% | 1.93% | +0.12 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +5.9% | 2.81% | +0.11 |
| IEUR iShares Core MSCI Europe ETF | Add +5.3% | 1.59% | +0.11 |
| CRM Salesforce Inc. | Add +12.8% | 0.54% | +0.10 |
| UPWK Upwork Inc. | Add +2.6% | 1.53% | +0.10 |
| AAPL Apple Inc. | Add +3.3% | 1.34% | +0.10 |
| 0 | New | 0.09% | +0.09 |
| AMZN Amazon.com Inc. | Add +3.5% | 1.52% | +0.09 |
| MRNA Moderna Inc. | Add +11.7% | 0.45% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | Add +5.1% | 0.71% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.3% | 1.00% | +0.08 |
| SPBO SS SPDR P Corp. Bond ETF | Add +6.9% | 2.40% | +0.08 |
| JNJ Johnson & Johnson | Add +5.2% | 0.61% | +0.08 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.07% | +0.07 |
| WMT Walmart Inc. | Add +4.0% | 0.80% | +0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +2.5% | 3.19% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +127.8% | 0.12% | +0.07 |
| KO The Coca-Cola Co. | Add +9.9% | 0.52% | +0.06 |
| WALTON US LAND FUND 1 LP | New | 0.06% | +0.06 |
| SPEM State Street SP PTF Em ETF | Add +4.5% | 2.70% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +8.9% | 0.86% | +0.05 |
| SMG Scotts Miracle-Gro Co. | Add +11.4% | 0.45% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +82.1% | 0.10% | +0.04 |
| CMG Chipotle Mexican Grill Inc. | Add +19.2% | 0.46% | +0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +569.4% | 0.05% | +0.04 |
| DEO Diageo PLC-Sponsored ADR | Add +25.0% | 0.41% | +0.04 |
| VGK Vanguard Ftse Europe ETF | New | 0.04% | +0.04 |
| SBUX Starbucks Corp. | Add +11.3% | 0.45% | +0.03 |
| BA The Boeing Co. | Add +8.0% | 0.59% | +0.03 |
| MMM 3M Co. | Add +4.3% | 0.63% | +0.03 |
| CL Colgate-Palmolive Co. | Add +11.0% | 0.45% | +0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +18.3% | 0.45% | +0.03 |
| DIS The Walt Disney Co. | Add +8.2% | 0.53% | +0.03 |
| IPAC iShares Core MSCI Pacific Et | Add +5.9% | 0.82% | +0.02 |
| FRBP Franklin BSP Capital Corp. | Add +55.2% | 0.07% | +0.02 |
Notes & Other Activity Q3 2025 → Q4 2025
| US TREASURY N/B (T 4.25 01/31/26) | Fixed Income | New | 194,000 | $194K |
| US TREASURY N/B (T 3.75 04/15/26) | TREASURY | New | 188,000 | $188K |
| TWO HARBORS INV CORP (TWO 9.375 08/15/30) | PREFERRED DEBT | Sold out | 5,200 | $133Kbefore exit |
| US TREASURY N/B (T 3.75 08/31/26) | FIX | New | 90,000 | $90K |
| US TREASURY N/B (T 4.625 03/15/26) | Fixed Income | New | 50,000 | $50K |
| NEXPOINT REAL ESTATE FIN (NREF 9 PERP B&&&) | PREFERRED STOCK | New | 1,500 | $38K |
| AMERICAN NATIONAL GROUP (ANGINC 7.375 PERP .) | PFD | Sold out | 600 | $15Kbefore exit |
| F&G ANNUITIES & LIFE INC (FG 7.3 01/15/65) | Pref | Sold out | 600 | $15Kbefore exit |
| US TREASURY N/B (T 2.25 11/15/25) | TREASURY | Sold out | 7,000 | $7Kbefore exit |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | Reduce -0.9% | 160 | $482 |
| ARE Alexandria Real Estate Equit | COM | Sold out | 0 | $32before exit |
| MAA Mid-America Apartment Comm | COM | Sold out | 0 | $21before exit |
| AVB Avalonbay Communities Inc. | COM | Sold out | 0 | $15before exit |
| VMRK Vivmark Residential | SH BEN INT | Sold out | 0 | $15before exit |
| CTSH Cognizant Tech Solutions-A | CL A | Sold out | 0 | $14before exit |
| AIG American International Group | COM NEW | Sold out | 0 | $8before exit |
| VRSK Verisk Analytics Inc. | COM | Sold out | 0 | $5before exit |
| FTV Fortive Corp. | COM | Sold out | 0 | $2before exit |
| PCG P G & E Corp. | COM | Sold out | 0 | $1before exit |
| RAL Ralliant Corp. | COM | Sold out | 0 | $1before exit |
| SEARS ROEBUCK ACCEPTANCE (SHLD 7 07/15/42) | PREFERRED DEBT | New | 75 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 952 | $561.5M | IAGG, HYLB, SHYG, SPSM, EPS |
| Q4 2025 | 768 | $518.9M | IAGG, HYLB, SHYG, EPS, STIP |
| Q3 2025 | 966 | $507.0M | IAGG, HYLB, SHYG, EPS, HYDW |
| Q1 2025 | 1,064 | $458.5M | IAGG, HYLB, SHYG, STIP, EPS |
| Q2 2024 | 1,221 | $399.8M | IAGG, HYLB, SHYG, EPS, STIP |
| Q1 2024Amended | 1,110 | $355.4M | IAGG, HYLB, SHYG, SPIB, SPSM |