Iat Reinsurance Co. LTD.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Iat Reinsurance Co. LTD. reported 29 stock positions worth $230.5 million. Its top holding was Amgen (AMGN) at 14.1% of the portfolio, followed by Nam Tai Property (NTPIF, 13.0%) and Nam Tai G63907-10-2 Private (12.0%). Compared with Q4 2025, it opened 3 new positions and sold out of 6. The biggest buy was a new position in Uber Technologies (UBER) and the biggest sale an exit from Goldman Sachs (GS).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001633625
Portfolio Value
$230.5M (Q1 2026)
SEC Filing
0001214659-26-006107 ↗ filed May 14, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $201.0M Q1 2024 Q2 2024: $426.9M Q2 2024 Q3 2024: $397.9M Q3 2024 Q4 2024: $427.9M Q4 2024 Q1 2025: $428.7M Q1 2025 Q2 2025: $371.0M Q2 2025 Q3 2025: $394.2M Q3 2025 Q4 2025: $264.3M Q4 2025 Q1 2026: $230.5M $230.5M Q1 2026 Q2 2026: $125.7M Q2 2026

Holdings 29 stocks · $230.5M
AMGN Amgen Inc. 14.12% 92,500 $32.5M No change
NTPIF Nam Tai Property Inc. 12.98% 5,774,800 $29.9M No change
NAM TAI G63907-10-2 PRIVATE 11.99% 5,336,452 $27.6M No change
SRL Scully Royalty Ltd. 11.59% 3,416,664 $26.7M No change
MERC Mercer International Inc. 10.61% 17,220,000 $24.5M No change
HLIO Helios Technologies Inc. 8.42% 300,000 $19.4M No change
XOM Exxon Mobil Corp. 5.86% 79,600 $13.5M No change
ARGONAUT GROUP STATUTORY TR - CALL 5.21% 12,000 $12.0M No change
MTN Vail Resorts Inc. 4.68% 84,000 $10.8M No change
GLW Corning Inc. 4.08% 368,350 $9.4M No change
AMD Advanced Micro Devices 3.00% 33,936 $6.9M No change
GE General Electric filed as GE AEROSPACE 1.86% 15,125 $4.3M No change
GEV GE Vernova Inc. 1.43% 3,780 $3.3M No change
TEL Te Connectivity PLC 1.13% 12,500 $2.6M No change
JCI Johnson Controls Internation 0.68% 11,937 $1.6M No change
PHIG Phi Group Inc. 0.53% 39,712 $1.2M No change
SPB Spectrum Brands Holdings Inc. 0.41% 12,799 $943K No change
PG The Procter & Gamble Co. 0.36% 5,700 $823K No change
UBER Uber Technologies Inc. 0.33% 10,500 $755K New
BRK.A Berkshire Hathaway Inc. Class A 0.31% 1 $718K No change
ABBV Abbvie Inc. 0.18% 1,948 $424K No change
GEHC GE Healthcare Technology 0.16% 5,040 $359K No change
RIGHTS PRESURANCE HOLD-CONIFER 0.06% 250,000 $127K New
CBL CBL & Associates Properties 0.01% 658 $25K No change
ADNT Adient PLC 0.01% 1,193 $24K No change
KALU Kaiser Aluminum Corp. 0.00% 70 $8K No change
SVB FINANCIAL TRUST (SVBFTR 0 11/07/29 C) 0.00% 240,000 $4K No change
CRSXQ Corsa Coal Corp. 0.00% 2,226,000 $2 No change
MYMX Mymetics Corp. 0.00% 175 $0 New
Other holdings (38): bonds, preferreds, convertibles and warrants · $79.1M (not counted above)
SecurityClassShares / PrincipalValueChange
DELPHI FINANCIAL GROUP (TOMARI V0 05/15/37) Pref 328,790$7.9MNo change
TENN VALLEY AUTHORITY (TVA V0 05/01/29 A) Pfd Stk 260,000$6.3MNo change
WINTRUST FINANCIAL CORP (WTFC V7.875 PERP F) Pref 240,000$6.2MAdd +9.1%
ALGONQUIN PWR & UTILITY (AQNCN V4.01 07/01/79 19-A) Pref 200,000$5.2MNo change
XCEL ENERGY INC (XEL 6.25 10/15/85) Common Stock 200,000$4.9MAdd +150.0%
KKR & CO INC (KKR 6.875 06/01/65 T) Pref 180,000$4.1MNo change
WESBANCO INC (WSBC V7.375 PERP B) PREFERRED STOCK 130,000$3.3MNo change
TENN VALLEY AUTHORITY (TVA V2.134 06/01/28 D) Corporate Bond 120,000$2.9MNo change
EAGLE POINT CREDIT CO (ECC 5.375 01/31/29) Pref 120,000$2.8MNo change
OXFORD LANE CAPITAL CORP (OXLC 7.95 02/29/32 2032) Pref 100,000$2.5MNo change
F&G ANNUITIES & LIFE INC (FG 7.3 01/15/65) Pref 120,000$2.4MNo change
BRC GROUP HOLDINGS INC (RILY 5.25 08/31/28) Pref 140,000$2.3MNo change
PARTNERRE LTD (PRE 4.875 PERP J) Pref 120,000$2.0MNo change
OXFORD LANE CAPITAL CORP (OXLC 8.75 06/30/30) Pref 80,000$2.0MNo change
RAMACO RESOURCES INC (METC 8.25 07/31/30) Pref 80,000$2.0MNo change
TRITON INTERNATIONAL LTD (TRTN 7.625 PERP F) PFD 80,000$2.0MNo change
NEWTEKONE INC (NEWT V8.5 PERP B) Pref 80,000$1.9MNo change
TRANSCANADA PIPELINES (TRPCN 6.25 11/01/85) Common Stock 80,000$1.9MNo change
ASPEN INSURANCE HLDG LTD (AHL 7 PERP) Pref 80,000$1.9MNo change
COREBRIDGE FINANCIAL INC (CRBG 6.375 12/15/64) Common Stock 80,000$1.8MNo change
AFFILIATED MANAGERS GROU (AMG 6.75 03/30/64) PFD 80,000$1.8MNo change
AXIS CAPITAL HLDGS LTD (AXS 5.5 PERP E) Pref 70,000$1.4MNo change
US BANCORP (USB 4.5 PERP O) Common Stock 60,000$1.0MNo change
BANK OZK (OZK 4.625 PERP A) Pref 60,000$964KNo change
AMERICAN FINANCIAL GROUP (AFG 5.125 12/15/59) PFD 50,000$902KNo change
CUSTOMERS BANCORP INC (CUBI 5.375 12/30/34) Pref 40,000$900KNo change
GLOBE LIFE INC (GL 4.25 06/15/61) Common Stock 50,000$769KNo change
HUDSON PACIFIC PROPERTIE (HPP 4.75 PERP C) PFD 55,000$727KNo change
ARCH CAPITAL GROUP LTD (ACGL 4.55 PERP G) Common Stock 40,000$663KNo change
FIFTH THIRD BANCORP (FITB V6.875 PERP) PRD SER M 20,000$523KNew
ATLANTICUS HOLDINGS CORP (ATLC 6.125 11/30/26) Pref 20,000$500KNo change
AMERICAN FINANCIAL GROUP (AFG 4.5 09/15/60) Common Stock 30,000$487KNo change
BROOKFIELD BRP HOLDINGS (BEPUCN 7.25 PERP) Pref 20,000$484KNo change
PROSPECT CAPITAL CORP (PSEC 5.35 PERP A) Pref 30,000$480KNo change
SCE TRUST VIII (EIX 6.95 PERP N) Pref 20,000$474KNo change
READY CAPITAL CORP (RC 9 12/15/29) Pref 20,000$379KNo change
SLM CORP (SLM V0 PERP B) PFD 4,500$334KNo change
OFFICE PPTY INCOME TRST (OPI 6.375 06/23/50 0000) Pref 40,000$10KNo change

Total filed on the 13F, all lines: $309.6M.

Portfolio Sells Q4 2025 → Q1 2026
GS Goldman Sachs Group Inc. Sold out 0.00% −7.00
PRESURANCE HOLDINGS INC Sold out 0.00% −0.07
BLIAQ BB Liquidating Inc. Sold out 0.00% −0.00
BLIBQ BB Liquidating Inc. Class B Sold out 0.00% −0.00
CDVIQ Cal Dive International Inc. Sold out 0.00% 0.00
ROOMQ Roomstore Inc. Sold out 0.00% 0.00

Portfolio Buys Q4 2025 → Q1 2026
UBER Uber Technologies Inc. New 0.33% +0.33
RIGHTS PRESURANCE HOLD-CONIFER New 0.06% +0.06
MYMX Mymetics Corp. New 0.00% 0.00

Notes & Other Activity Q4 2025 → Q1 2026
WINTRUST FINANCIAL CORP (WTFC V7.875 PERP F) Pref Add +9.1% 240,000 $6.2M
XCEL ENERGY INC (XEL 6.25 10/15/85) Common Stock Add +150.0% 200,000 $4.9M
COMERICA INC (CMA 6.875 PERP B) Bond Sold out 20,000 $523Kbefore exit
FIFTH THIRD BANCORP (FITB V6.875 PERP) PRD SER M New 20,000 $523K
OSAIC FINANCIAL SVCS INC (LTS 6.5 11/30/27) Pref Sold out 5,000 $113Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 34$125.7MNAM TAI G63907-10-2 PRIVATE, AMD, HLIO, AMGN, MTN
Q1 2026 29$230.5MAMGN, NTPIF, NAM TAI G63907-10-2 PRIVATE, SRL, MERC
Q4 2025 32$264.3MMERC, GLW, AMGN, SRL, NTPIF
Q3 2025 47$394.2MGS, RJF, MERC, GLW, AMGN
Q2 2025 46$371.0MMERC, GS, RJF, AMGN, NTPIF
Q1 2025 46$428.7MMERC, RJF, GS, NTPIF, NAM TAI G63907-10-2 PRIVATE
Q4 2024 45$427.9MMERC, RJF, GS, SRL, NTPIF
Q3 2024 46$397.9MMERC, GS, RJF, AMGN, SRL
Q2 2024 45$426.9MMERC, RJF, GS, AMGN, SRL
Q1 2024 56$201.0MGS, NAM TAI G63907-10-2 PRIVATE, SIGI, RJF, AMD