Lanark Financial, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Lanark Financial, Inc. reported 2,484 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 2.9% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 2.6%) and Microsoft (MSFT, 2.2%). Compared with Q3 2025, it opened 149 new positions, sold out of 147, added to 706 and reduced 800. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +27%) and the biggest sale Linde (LIN, shares −86%).

Most Recent 13F
Q2 2026
Location
BIRMINGHAM, AL
CIK
0000791540
Portfolio Value
$1.3B (Q4 2025)
SEC Filing
0000791540-26-000003 ↗ filed Jan 29, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.1M Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.3B $1.3B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 2,484 stocks · $1.3B
AAPL Apple Inc. 2.92% 142,679 $38.8M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 2.60% 50,529 $34.5M Add +2.9%
MSFT Microsoft Corp. 2.17% 59,487 $28.8M Reduce -0.4%
SPYM Ste STR SPDR PT S&P 500 ETF 2.15% 355,367 $28.5M Add +17.7%
VOO Vanguard S&P 500 ETF 1.56% 33,059 $20.7M Add +26.6%
NVDA Nvidia Corp. 1.46% 103,939 $19.4M Reduce -1.9%
AMZN Amazon.com Inc. 1.44% 82,930 $19.1M Add +6.9%
GOOGL Alphabet Inc. Class A 1.38% 58,569 $18.3M Add +3.2%
AVGO Broadcom Inc. 1.33% 50,909 $17.6M Reduce -0.8%
IVV iShares Core S&P 500 ETF 0.98% 18,911 $13.0M Add +0.4%
JPM JPMorgan Chase & Co. 0.97% 39,968 $12.9M Reduce -0.3%
QQQ Invesco QQQ Trust Series 1 0.90% 19,386 $11.9M Add +8.2%
VEA Vanguard Ftse Developed ETF 0.81% 172,683 $10.8M Add +0.7%
WMT Walmart Inc. 0.77% 91,975 $10.2M Add +0.7%
V Visa Inc. Class A 0.74% 28,034 $9.8M Add +0.6%
SPDW Ste STR SPDR PT DW Eu ETF 0.71% 211,599 $9.4M Add +13.0%
NEE Nextera Energy Inc. 0.68% 113,023 $9.1M Reduce -2.8%
SPAB SS SPDR P Agg Bond ETF 0.59% 303,111 $7.8M Add +17.4%
SPIB SS SPDR P Int C Corp. ETF 0.56% 220,842 $7.5M Add +25.0%
VCIT Vanguard Int-Term Corporate 0.54% 85,750 $7.2M Add +33.5%
VTI VG Morningstar TS MKT ETF-US 0.53% 21,016 $7.0M Reduce -16.0%
SRE Sempra 0.52% 78,124 $6.9M Add +114.2%
JNJ Johnson & Johnson 0.50% 31,785 $6.6M Add +0.1%
PG The Procter & Gamble Co. 0.49% 45,651 $6.5M Reduce -0.5%
MS Morgan Stanley 0.48% 35,984 $6.4M Reduce -0.5%
DTM DT Midstream Inc. 0.48% 52,714 $6.3M Reduce -0.1%
TMUS T-Mobile US Inc. 0.47% 30,928 $6.3M Reduce -8.6%
GOOG Alphabet Inc. Class C 0.47% 19,873 $6.2M Add +1.6%
WMB Williams Cos Inc. 0.46% 100,616 $6.0M Reduce -0.7%
AGG iShares Core U.S. Aggregate 0.45% 59,388 $5.9M Add +30.1%
PH Parker Hannifin Corp. 0.45% 6,741 $5.9M Reduce -0.1%
CEG Constellation Energy 0.45% 16,734 $5.9M Reduce -0.3%
LLY Eli Lilly & Co. 0.44% 5,477 $5.9M Reduce -1.1%
TLN Talen Energy Corp. 0.44% 15,414 $5.8M Reduce -1.9%
META Meta Platforms Inc. Class A 0.42% 8,497 $5.6M Add +6.8%
IWF iShares Russell 1000 Growth 0.42% 11,785 $5.6M Reduce -4.2%
NI Nisource Inc. 0.41% 130,013 $5.4M Reduce -0.1%
CCJ Cameco Corp. 0.40% 57,914 $5.3M Add +0.4%
DGRW Wisdomtree U.S. Quality Divi 0.40% 58,672 $5.2M Reduce -6.6%
MU Micron Technology Inc. 0.39% 18,229 $5.2M Reduce -11.5%
QGRW Wisdomtree US Quality Growth 0.39% 88,006 $5.2M Add +0.7%
CB Chubb Ltd. 0.39% 16,522 $5.2M Add +2.1%
IAU iShares Gold Trust 0.38% 62,573 $5.1M Add +39.4%
CIBR First Trust Nasdaq Cybersecu 0.38% 69,729 $5.0M Reduce -2.3%
XLK SS Technology Select Sector 0.37% 34,271 $4.9M Reduce -1.4%
PWR Quanta Services Inc. 0.36% 11,366 $4.8M Add +0.7%
SGOV iShares 0-3 Month Treasury B 0.36% 47,706 $4.8M Add +9.2%
IWM iShares Russell 2000 ETF 0.36% 19,453 $4.8M Add +26.5%
XOM Exxon Mobil Corp. 0.36% 39,751 $4.8M Add +0.9%
IDA Idacorp Inc. 0.35% 36,874 $4.7M Reduce -0.1%
IJH iShares Core S&P Midcap ETF 0.35% 70,564 $4.7M Add +10.3%
LMT Lockheed Martin Corp. 0.35% 9,626 $4.7M Reduce -1.2%
ETR Entergy Corp. 0.34% 49,094 $4.5M Reduce -0.1%
SYY Sysco Corp. 0.33% 59,270 $4.4M Add +1.3%
CCI Crown Castle Inc. 0.33% 48,792 $4.3M Reduce -1.5%
IJR iShares Core S&P Small-Cap E 0.33% 35,957 $4.3M Add +5.4%
ORCL Oracle Corp. 0.32% 22,089 $4.3M Reduce -1.3%
GLW Corning Inc. 0.32% 48,968 $4.3M Add +382.7%
VEU Vanguard Ftse All-World Ex-U 0.32% 57,970 $4.3M Add +16.1%
UNP Union Pacific Corp. 0.32% 18,332 $4.2M Add +0.2%
MDT Medtronic PLC 0.32% 43,954 $4.2M Add +1.0%
AGGY Wisdomtree Yield Enhanced US 0.32% 95,322 $4.2M Add +12.6%
ABBV Abbvie Inc. 0.31% 18,194 $4.2M Add +1.3%
JCI Johnson Controls Internation 0.31% 34,478 $4.1M Reduce -5.2%
IWD iShares Russell 1000 Value E 0.31% 19,516 $4.1M Add +6.9%
EFG iShares MSCI Eafe Growth ETF 0.31% 35,710 $4.1M Add +6.2%
LOW Lowe's Cos Inc. 0.30% 16,620 $4.0M Add +0.8%
MRK Merck & Co. Inc. 0.30% 37,339 $3.9M Add +0.5%
UBER Uber Technologies Inc. 0.30% 48,096 $3.9M Reduce -0.4%
HD Home Depot Inc. 0.29% 11,299 $3.9M Reduce -0.0%
BNDX Vanguard Total Intl Bond ETF 0.29% 80,313 $3.9M Add +8.0%
EQIX Equinix Inc. 0.29% 5,033 $3.9M Add +0.0%
FTCS First Trust Capital Strength 0.28% 40,856 $3.8M Add +1.0%
RSG Republic Services Inc. 0.28% 17,568 $3.7M Reduce -0.9%
VWO Vanguard Ftse Emerging Marke 0.28% 69,169 $3.7M Add +0.2%
SPHY SS SPDR P High Yield ETF 0.28% 154,742 $3.7M Add +43.1%
PPL PPL Corp. 0.27% 103,992 $3.6M Reduce -0.1%
EFV iShares MSCI Eafe Value ETF 0.27% 50,356 $3.6M Add +8.4%
CNP Centerpoint Energy Inc. 0.27% 93,079 $3.6M Reduce -0.3%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.27% 32,155 $3.5M Reduce -1.4%
CVX Chevron Corp. 0.27% 23,231 $3.5M Add +0.4%
AEE Ameren Corporation 0.26% 34,938 $3.5M Reduce -0.6%
IWR iShares Russell Mid-Cap ETF 0.26% 36,209 $3.5M Reduce -6.8%
XEL Xcel Energy Inc. 0.26% 47,194 $3.5M Reduce -0.4%
SYK Stryker Corp. 0.26% 9,917 $3.5M Add +0.8%
BRK.B Berkshire Hathaway Inc. Class B 0.26% 6,881 $3.5M Reduce -4.5%
JEPI JPMorgan Equity Premium Inco 0.26% 60,385 $3.5M Add +3.3%
SCHD Schwab US DVD Equity ETF 0.26% 125,131 $3.4M Reduce -1.7%
WEC WEC Energy Group Inc. 0.26% 32,386 $3.4M Add +5040.6%
VRT Vertiv Holdings Co. Class A 0.26% 20,902 $3.4M Add +4.7%
PEP Pepsico Inc. 0.25% 23,231 $3.3M Add +1.8%
WTV Wisdomtree U.S. Value Fund 0.25% 35,591 $3.3M Add +5.2%
VGT Vanguard Info Tech ETF 0.24% 4,286 $3.2M Add +1.9%
BSV Vanguard Short-Term Bond ETF 0.24% 40,970 $3.2M Add +7.1%
QCOM Qualcomm Inc. 0.24% 18,691 $3.2M Add +47.5%
MA Mastercard Inc. Class A 0.24% 5,599 $3.2M Reduce -3.2%
DDWM Wisdomtree DY Inter Eq FD-US 0.24% 73,154 $3.2M Add +334.5%
HIG Hartford Insurance Group Inc. 0.23% 22,500 $3.1M Add +1.2%
NXPI NXP Semiconductors NV 0.23% 14,281 $3.1M Add +2.1%
PAYX Paychex Inc. 0.22% 26,370 $3.0M Add +0.5%

Show all 2,484 holdings

Options reported separately and not counted above: MRNA puts ($18K), SMCI puts ($13K), NWL puts ($11K), TTD puts ($10K), KVUE puts ($9K), MNDY puts ($9K), SYM puts ($9K), BA puts ($8K), GNRC puts ($8K), KMX puts ($7K), AMAT calls ($6K), NICE puts ($5K), and 90 more.

Other holdings (198): bonds, preferreds, convertibles and warrants · $6.4M (not counted above)
SecurityClassShares / PrincipalValueChange
FREDDIE MAC (FMCC V8.375 PERP Z) PFD 54,531$785KNo change
JPMORGAN CHASE & CO (JPM 5.75 PERP DD) PREFERRED STOCK 13,859$345KAdd +14.8%
MORGAN STANLEY (MS 5.85 PERP K) Bond 11,552$283KReduce -22.0%
BANK OF AMERICA CORP (BAC 6.45 12/15/66 K*) Common Stock 9,588$245KAdd +1.1%
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock 12,238$233KReduce -18.1%
BRC GROUP HOLDINGS INC (RILY 6.5 09/30/26) Preferred 9,593$204KNo change
NATL HEALTHCARE PROP INC (HEATRU 7.375 PERP A) PREFERREDSTK 8,625$165KAdd +185.1%
US BANCORP (USB 5.5 PERP K) Common Stock 6,916$156KReduce -33.5%
SOUND POINT MERIDIAN CAP (SPMC 8 11/30/29) PREFERREDSTK 5,900$149KAdd +90.3%
BANK OF AMERICA CORP (BAC 6 PERP GG) PFD 4,682$118KAdd +0.6%
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock 5,634$110KReduce -15.1%
DIME COMMERCIAL INC (DCOM 5.5 PERP) PREFERRED STOCK 6,116$109KReduce -29.3%
PRUDENTIAL FINANCIAL INC (PRU 5.625 08/15/58) PFD 4,354$104KAdd +12.8%
METLIFE INC (MET 5.625 PERP E) Common Stock 4,111$98KAdd +156.0%
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock 5,040$98KAdd +0.8%
BRC GROUP HOLDINGS INC (RILY 5 12/31/26) PREFERRED STOCK 4,801$97KNo change
JPMORGAN CHASE & CO (JPM 4.55 PERP JJ) COM 4,858$94KReduce -0.1%
WELLS FARGO & COMPANY (WFC 4.25 PERP DD) PFD 5,237$93KReduce -0.1%
EQUITABLE HOLDINGS INC (EQH 5.25 PERP A) Common Stock 4,543$92KAdd +119.2%
CAPITAL ONE FINANCIAL CO (COF 4.8 PERP J) Common Stock 4,860$88KNo change
SOUTHERN CO (SO 4.95 01/30/80 2020) PFD 4,323$87KNo change
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD 3,734$82KAdd +0.8%
PUBLIC STORAGE (PSA 3.9 PERP O) PREFERREDSTK 5,121$80KReduce -0.0%
SACHEM CAPITAL CORP (SACH 7.125 06/30/27) PREFERREDSTK 3,400$79KAdd +277.8%
JACKSON FINANCIAL INC (JXN V8 PERP) PFD 3,000$78KNo change
OXFORD LANE CAPITAL CORP (OXLC 6 08/31/29 2029) PREFERREDSTK 3,267$76KNew
AFFILIATED MANAGERS GROU (AMG 5.875 03/30/59) Common Stock 3,517$74KNo change
AT&T INC (T 4.75 PERP C) PFD 3,674$70KAdd +250.9%
TRUIST FINANCIAL CORP (TFC F PERP I) Common Stock 3,500$69KReduce -30.0%
NATL HEALTHCARE PROP INC (HEATRU 7.125 PERP B) PREFERREDSTK 3,407$63KNew
RUNWAY GROWTH FINANCE CO (RWAY 9 01/31/27) PREFERREDSTK 2,450$62KNo change
SOUND POINT MERIDIAN CAP (SPMC 7.875 07/31/30 B) PREFERREDSTK 2,420$61KNew
GENERAL AMERICAN INVEST (GAM 5.95 PERP B) Pfd Stk 2,430$61KAdd +99.5%
PRIORITY INCOME FUND (PRIORT 6 12/31/28 J) Preferred 2,543$61KNo change
WELLS FARGO & COMPANY (WFC 5.625 PERP Y) PREFERRED STOCK 2,488$60KAdd +97.0%
EAGLE POINT CREDIT CO (ECC 6.75 03/31/31) PREFERREDSTK 2,400$60KAdd +300.0%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 46$58KAdd +2.2%
PRIORITY INCOME FUND (PRIORT 7 06/30/29 D) PREFERREDSTK 2,258$56KNo change
CARLYLE FINANCE LLC (CG 4.625 05/15/61) PFD 3,250$56KReduce -23.5%
GLOBAL NET LEASE INC (GNL 7.25 PERP A) PREFERREDSTK 2,260$53KNo change
CHARLES SCHWAB CORP (SCHW 4.45 PERP J) PFD 2,754$52KAdd +3029.6%
CHS INC (CHSINC V6.75 PERP 3) PFD 2,021$50KNew
ALLSTATE CORP (ALL 7.375 PERP J) PERP PFD J 1,862$49KNo change
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 565$43KAdd +113.2%
SARATOGA INVESTMENT CORP (SAR 6 04/30/27 2027) PREFERREDSTK 1,680$42KNo change
DIGITAL REALTY TRUST INC (DLR 5.2 PERP L) PFDs, REITs, 2,027$41KReduce -0.1%
BRC GROUP HOLDINGS INC (RILY 5.25 08/31/28) Pref 3,300$41KAdd +153.8%
ARLINGTON ASSET INVEST (AAIC 6 08/01/26) PREFERREDSTK 1,940$40KNo change
BRIGHTHOUSE FINANCIAL IN (BHF 6.6 PERP A) BHFAP 2,475$38KReduce -59.8%
EAGLE POINT INSTL INCOME (EAPIIF 8.125 10/31/29 A) PREFERREDSTK 1,479$37KNo change
EIDP INC (CTVA 4.5 PERP +B) PFD 525$36KNo change
EAGLE POINT CREDIT CO (ECC 6.5 06/30/31) PREFERREDSTK 1,437$36KAdd +2.6%
REGIONS FINANCIAL CORP (RF V5.7 PERP C) Common Stock 1,511$35KReduce -0.1%
XCEL ENERGY INC (XEL 6.25 10/15/85) Common Stock 1,416$35KNew
OFS CREDIT COMPANY (OCCI 6.125 04/30/26 C) PREFERREDSTK 1,400$35KNo change
BRIGHTHOUSE FINANCIAL IN (BHF 6.75 PERP B) Common Stock 2,229$35KReduce -33.9%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 28$34KNo change
ADAMAS TRUST INC (ADAM 7 PERP G) PREFERREDSTK 1,700$33KNo change
BRC GROUP HOLDINGS INC (RILY 6 01/31/28) PREFERREDSTK 2,000$28KNew
ADAMAS TRUST INC (ADAM 9.125 04/01/30) PREFERREDSTK 1,084$27KNo change
MORGAN STANLEY (MS 7.125 PERP E) PFD 1,028$26KNo change
AT&T INC (T 5.35 11/01/66) Preferred Stock 1,128$25KReduce -0.1%
GLOBAL NET LEASE INC (GNL 7.5 PERP D) PREFERREDSTK 1,000$25KNo change
FIRST HORIZON CORP (FHN 6.5 PERP E) PFD 1,000$24KAdd +25.0%
PRIORITY INCOME FUND (PRIORT 6.375 03/31/29 L) PREFERREDSTK 1,000$24KNo change
FARMER MAC (FAMCA 5.75 PERP E) PFD 1,125$24KNo change
BRIGHTHOUSE FINANCIAL IN (BHF 4.625 PERP D) PREFERREDSTK 2,030$22KReduce -4.7%
OFS CREDIT COMPANY INC (OCCI 7.875 10/31/29 F) PREFERREDSTK 875$22KNew
EPR PROPERTIES (EPR 5.75 PERP G) PREFERREDSTK 1,090$21KAdd +1.7%
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 300$20KNo change
COMPASS DIVERSIF HOLDING (CODI 7.875 PERP C) PREFERREDSTK 1,100$20KReduce -12.0%
OSAIC FINANCIAL SVCS INC (LTS 7.75 06/30/29) PREFERREDSTK 900$20KNo change
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 311$18KReduce -1.0%
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 265$18KNo change
ADAMAS TRUST INC (ADAM 9.875 10/01/30) PFD 700$18KNo change
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 320$16KNo change
OXFORD LANE CAPITAL CORP (OXLC 6.25 02/28/27 2027) Preferred Share 600$15KNo change
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG 240$14KNo change
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 265$14KNo change
KKR & CO INC (KKR 6.875 06/01/65 T) Pref 517$13KAdd +1.8%
ANNALY CAPITAL MGMT (NLY V0 PERP F) COM 500$13KNo change
NEXTERA ENERGY CAPITAL (NEE 5.65 03/01/79 N) PFD 451$11KReduce -1.1%
LINCOLN NATIONAL CORP (LNC 9 PERP D) PFD 400$11KNo change
ATHENE HOLDING LTD (ATH V7.75 PERP E) PREFERREDSTK 400$10KNo change
TRANSCANADA PIPELINES (TRPCN 6.25 11/01/85) Common Stock 416$10KNew
PENNYMAC MTGE INVESTMENT (PMT 8.5 09/30/28) PREFERREDSTK 400$10KNo change
ENTERGY NEW ORLEANS LLC (ETR 5.5 04/01/66) PFD 450$10KNo change
PUBLIC STORAGE (PSA 5.15 PERP F) PREFERRED STOCK 473$10KReduce -0.4%
GLOBAL NET LEASE INC (GNL 7.375 PERP E) PREFERREDSTK 400$10KNo change
UMH PROPERTIES INC (UMH 6.375 PERP D) PREFERREDSTK 430$9KNo change
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock 373$9KReduce -0.3%
NATIONAL STORAGE AFFILIA (NSA 6 PERP A) PFD 400$8KNo change
BROOKFIELD OAKTREE HLDGS (OAK 6.625 PERP A) PFD 400$8KReduce -50.0%
GOLDMAN SACHS GROUP INC (GS F PERP A) COM 431$8KNo change
PROSPECT CAPITAL CORP (PSEC 5.35 PERP A) Pref 500$8KNo change
KKR REAL ESTATE FIN (KREF 6.5 PERP A) PREFERREDSTK 440$8KReduce -57.5%
GLADSTONE COMMER (GOOD 6 PERP G) PREFERREDSTK 350$7KNo change
SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) 6 SER A CNV PREF 75$6KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 147$3KNo change
QVC GROUP INC (QVCG 8 03/15/31) PFD 500$2KNo change
TRUIST FINANCIAL CORP (TFC 4.75 PERP R) COM 92$2KNo change
METLIFE INC (MET 4.75 PERP F) COM 88$2KReduce -1.1%
ARCH CAPITAL GROUP LTD (ACGL 4.55 PERP G) Common Stock 89$1KReduce -2.2%
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock 74$1KNo change
HUNTINGTON BANCSHARES (HBAN 4.5 PERP H) PFD 85$1KNo change
WELLS FARGO & COMPANY (WFC 4.75 PERP Z) Common Stock 74$1KNo change
CITIZENS FINANCIAL GROUP (CFG 5 PERP E) Common Stock 74$1KNo change
NEWTEKONE INC (NEWT 5.5 02/01/26) PREFERREDSTK 51$1KNo change
MORGAN STANLEY (MS 4.25 PERP O) Common Stock 71$1KNo change
STATE STREET CORP (STT V5.35 PERP G) Common Stock 53$1KReduce -8.6%
FIFTH THIRD BANCORP (FITB 4.95 PERP K) Common Stock 60$1KNo change
ALLSTATE CORP (ALL 5.1 PERP H) PFD 55$1KReduce -8.3%
BANK OF AMERICA CORP (BAC 4.25 PERP QQ) Common Stock 62$1KReduce -3.1%
KEYCORP (KEY V6.125 PERP E) Common Stock 44$1KReduce -4.3%
JPMORGAN CHASE & CO (JPM 4.2 PERP MM) PFD 59$1KReduce -4.8%
TRUIST FINANCIAL CORP (TFC 5.25 PERP O) PFD 50$1KReduce -5.7%
SOUTHERN CO (SO 4.2 10/15/60 C) PFD 58$1KReduce -4.9%
NORTHERN TRUST CORP (NTRS 4.7 PERP E) COM 50$971Reduce -10.7%
MORGAN STANLEY (MS 4.875 PERP L) PFD 47$960Reduce -4.1%
US BANCORP (USB 4 PERP M) PFD 57$931Reduce -12.3%
BANK OF AMERICA CORP (BAC 4.375 PERP NN) PFD 51$925Reduce -5.6%
WELLS FARGO & COMPANY (WFC 4.375 PERP CC) Common Stock 49$887Reduce -3.9%
BANK OF AMERICA CORP (BAC 5.875 PERP HH) Common Stock 35$858Reduce -98.3%
BANK OF AMERICA CORP (BAC 4.125 PERP PP) Common Stock 50$858Reduce -2.0%
CMS ENERGY CORP (CMS 5.875 03/01/79) Common Stock 36$833Reduce -2.7%
US BANCORP (USB 3.75 PERP L) Common Stock 54$827Reduce -5.3%
BANK OF AMERICA CORP (BAC 5 PERP LL) PFD 38$788Reduce -7.3%
BANK OF NY MELLON CORP (BNY V6.15 PERP K) Common Stock 30$769Reduce -3.2%
FIFTH THIRD BANCORP (FITB V7.67122 PERP I) PFD 30$767Reduce -11.8%
BERKLEY (WR) CORPORATION (WRB 5.1 12/30/59) Common Stock 39$765Reduce -11.4%
JPMORGAN CHASE & CO (JPM 4.75 PERP GG) Common Stock 37$748Reduce -11.9%
HUNTINGTON BANCSHARES (HBAN V6.875 PERP J) PFD 29$736Reduce -3.3%
PUBLIC STORAGE (PSA 4.625 PERP L) COM 39$721Reduce -4.9%
PRUDENTIAL FINANCIAL INC (PRU 4.125 09/01/60) Common Stock 39$672Reduce -4.9%
US BANCORP (USB 4.5 PERP O) Common Stock 37$671Reduce -5.1%
KEYCORP (KEY V6.2 PERP) Common Stock 26$659Reduce -7.1%
PUBLIC STORAGE (PSA 4 PERP P) Common Stock 41$652Reduce -2.4%
CITIZENS FINANCIAL GROUP (CFG 7.375 PERP H) Common Stock 24$632Reduce -4.0%
BANK OF AMERICA CORP (BAC 4.75 PERP SS) PREFERR 32$630Reduce -5.9%
ARCH CAPITAL GROUP LTD (ACGL 5.45 PERP F) Common Stock 31$628Reduce -6.1%
REGIONS FINANCIAL CORP (RF V6.95 PERP) Common Stock 24$609Reduce -7.7%
GME.WS Gamestop Corp. *W EXP 10/30/202 200$602No change
REGIONS FINANCIAL CORP (RF 4.45 PERP E) Common Stock 34$586Reduce -8.1%
DTE ENERGY CO (DTE 4.375 12/01/81) Common Stock 33$566Reduce -5.7%
KIMCO REALTY CORP (KIM 5.25 PERP M) PFD 26$536Reduce -3.7%
COREBRIDGE FINANCIAL INC (CRBG 6.375 12/15/64) Common Stock 23$534Reduce -4.2%
CMS ENERGY CORP (CMS 4.2 PERP C) Common Stock 30$523Reduce -6.3%
M&T BANK CORPORATION (MTB V5.625 PERP H) Common Stock 21$517Reduce -4.5%
VOYA FINANCIAL INC (VOYA V5.35 PERP B) Common Stock 20$494Reduce -9.1%
CMS ENERGY CORP (CMS 5.625 03/15/78) PUBLIC 22$483Reduce -4.3%
PUBLIC STORAGE (PSA 4.875 PERP I) Common Stock 24$463Reduce -4.0%
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 18$449Reduce -18.2%
DTE ENERGY CO (DTE 5.25 12/01/77 E) Common Stock 21$443Reduce -8.7%
DUKE ENERGY CORP (DUK 5.625 09/15/78) PFD 18$442No change
RENAISSANCERE HOLDINGS L (RNR 4.2 PERP G) SNP 28$441No change
AT&T INC (T 5 PERP A) COM 21$422No change
KEYCORP (KEY 5.625 PERP G) COM 19$403Reduce -9.5%
HARTFORD INSUR GRP INC/T (HIG 6 PERP G) Common Stock 16$400Reduce -5.9%
M&T BANK CORPORATION (MTB 7.5 PERP J) Common Stock 15$398Reduce -6.3%
PUBLIC STORAGE (PSA 4.125 PERP M) PFD 24$393No change
STIFEL FINANCIAL CORP (SF 5.2 10/15/47) Common Stock 19$388Reduce -9.5%
ALLSTATE CORP (ALL 4.75 PERP I) Common Stock 20$387Reduce -9.1%
AMERICAN FINANCIAL GROUP (AFG 5.125 12/15/59) PFD 20$379Reduce -4.8%
NEXTERA ENERGY CAPITAL (NEE 6.5 06/01/85 U) Common Stock 15$379No change
ENTERGY ARKANSAS LLC (ETR 4.875 09/01/66) EQUITY 17$351Reduce -5.6%
BERKLEY (WR) CORPORATION (WRB 4.125 03/30/61) Common Stock 20$326Reduce -4.8%
STIFEL FINANCIAL CORP (SF 6.125 PERP C) Common Stock 14$325Reduce -6.7%
M&T BANK CORPORATION (MTB 6.35 PERP K) PREFERREDSTK 12$307New
AFFILIATED MANAGERS GROU (AMG 4.75 09/30/60) Common Stock 18$305No change
PUBLIC STORAGE (PSA 5.6 PERP H) Common Stock 13$297Reduce -7.1%
GEORGIA POWER CO (SO 5 10/01/77 2017) COM 13$291Reduce -7.1%
RENAISSANCERE HOLDINGS L (RNR 5.75 PERP F) Common Stock 13$286No change
ENTERGY LOUISIANA LLC (ETR 4.875 09/01/66 *) EQUITY 13$265No change
CULLEN/FROST BANKERS INC (CFR 4.45 PERP B) Common Stock 15$260Reduce -6.3%
AMERICAN FINANCIAL GROUP (AFG 5.875 03/30/59) Common Stock 12$258No change
DTE ENERGY CO (DTE 4.375 10/15/80 G) Common Stock 15$255No change
PRUDENTIAL FINANCIAL INC (PRU 5.95 09/01/62) Common Stock 10$247Reduce -33.3%
ENTERGY MISSISSIPPI LLC (ETR 4.9 10/01/66) A-Share 12$246Reduce -7.7%
EQUITABLE HOLDINGS INC (EQH 4.3 PERP C) Preferred 15$244Reduce -11.8%
MORGAN STANLEY (MS 6.875 PERP F) PFD 9$225Reduce -10.0%
KEYCORP (KEY 5.65 PERP F) PFD 10$212Reduce -9.1%
MORGAN STANLEY (MS F PERP +A) COM 11$212Reduce -8.3%
CITIZENS FINANCIAL GROUP (CFG V6.5 PERP I) Common Stock 8$203No change
DTE ENERGY CO (DTE 6.25 10/01/85 H) Common Stock 8$199New
UMB FINANCIAL CORP (UMBF V7.75 PERP) Common Stock 7$189Reduce -12.5%
MORGAN STANLEY (MS 6.625 PERP Q) Common Stock 7$182Reduce -12.5%
MORGAN STANLEY (MS 6.5 PERP P) Common Stock 7$178No change
REINSURANCE GRP OF AMER (RGA V7.125 10/15/52) Common Stock 7$178No change
SOUTHERN CO (SO 5.25 12/01/77) Common Stock 8$172No change
DIGITAL REALTY TRUST INC (DLR 5.85 PERP K) PUBLIC 7$167No change
SPIRE INC (SR 5.9 PERP A) Common Stock 6$143Reduce -14.3%
US BANCORP (USB F PERP B*) COM 8$142Reduce -11.1%
PUBLIC STORAGE (PSA 5.05 PERP G) PREFERRED STOCK 7$141No change
FIRST HORIZON CORP (FHN 4.7 PERP F) Common Stock 8$140No change
WEBSTER FINANCIAL CORP (WBS 5.25 PERP F) Common Stock 6$114Reduce -14.3%
OPENW Opendoor Technologies Inc.-26 *W EXP 11/20/202 5$4Reduce -50.0%
OPENL Opendoor Technologies Inc.-26 *W EXP 11/20/202 5$2New
OPENZ Opendoor Technologies Inc.-26 *W EXP 11/20/202 5$1New

Total filed on the 13F, all lines: $1.3B.

Portfolio Sells Q3 2025 → Q4 2025
LIN Linde PLC Reduce -85.8% 0.05% −0.33
PEG Public Service Enterprise GP Reduce -90.3% 0.03% −0.29
PNW Pinnacle West Capital Reduce -98.0% 0.01% −0.27
ATO Atmos Energy Corp. Reduce -98.3% 0.00% −0.27
MSFT Microsoft Corp. Reduce -0.4% 2.17% −0.23
T AT&T Inc. Reduce -71.5% 0.07% −0.22
TXNM TXNM Energy Inc. Sold out 0.00% −0.17
ORCL Oracle Corp. Reduce -1.3% 0.32% −0.16
TMUS T-Mobile US Inc. Reduce -8.6% 0.47% −0.15
FFIV F5 Inc. Reduce -98.4% 0.00% −0.15
IHDG Wisdomtree International Hed Reduce -94.4% 0.01% −0.12
FISV Fiserv Inc. Reduce -84.0% 0.01% −0.12
VTI VG Morningstar TS MKT ETF-US Reduce -16.0% 0.53% −0.10
NFLX Netflix Inc. Reduce -13.3% 0.20% −0.10
ZTS Zoetis Inc. Reduce -59.3% 0.05% −0.10
HEQT Simplify Hedged Equity ETF Reduce -84.9% 0.01% −0.08
TLN Talen Energy Corp. Reduce -1.9% 0.44% −0.08
HESM Hess Midstream LP Class A Reduce -98.3% 0.00% −0.08
INGR Ingredion Inc. Reduce -81.9% 0.01% −0.08
VRNS Varonis Systems Inc. Sold out 0.00% −0.07
UBER Uber Technologies Inc. Reduce -0.4% 0.30% −0.07
NVDA Nvidia Corp. Reduce -1.9% 1.46% −0.07
IBTK iShares Ibonds Dec 2030 Trea Sold out 0.00% −0.06
KEX Kirby Corp. Reduce -92.4% 0.01% −0.06
HD Home Depot Inc. Reduce -0.0% 0.29% −0.06
DXJ Wisdomtree Japan Hedged Eq Reduce -70.8% 0.03% −0.06
AXTA Axalta Coating Systems Ltd. Reduce -89.0% 0.01% −0.06
LEU Centrus Energy Corp. Class A Reduce -0.1% 0.19% −0.06
AXON Axon Enterprise Inc. Reduce -9.9% 0.13% −0.06
GBTC Grayscale Bitcoin Trust ETF Reduce -1.0% 0.16% −0.06
BSCU Invesco Bulletshares 2030 CB Reduce -98.2% 0.00% −0.06
WULF Terawulf Inc. Reduce -28.9% 0.13% −0.06
PG The Procter & Gamble Co. Reduce -0.5% 0.49% −0.05
SPR Spirit Aerosystems Hold Class A Sold out 0.00% −0.05
CIBR First Trust Nasdaq Cybersecu Reduce -2.3% 0.38% −0.04
VZ Verizon Communications Inc. Reduce -20.1% 0.11% −0.04
CCI Crown Castle Inc. Reduce -1.5% 0.33% −0.04
AL Sumisho Air Lease Corp. Reduce -36.6% 0.07% −0.04
COST Costco Wholesale Corp. Reduce -11.7% 0.17% −0.04
ABNB Airbnb Inc. Class A Reduce -54.3% 0.04% −0.04
WMB Williams Cos Inc. Reduce -0.7% 0.46% −0.04
EME Emcor Group Inc. Reduce -18.3% 0.11% −0.04
DGRW Wisdomtree U.S. Quality Divi Reduce -6.6% 0.40% −0.04
ACN Accenture PLC Class A Reduce -30.2% 0.11% −0.04
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -14.0% 0.18% −0.04
TKR Timken Co. Reduce -62.7% 0.02% −0.04
RSG Republic Services Inc. Reduce -0.9% 0.28% −0.03
BE Bloom Energy Corp. Class A Reduce -38.2% 0.05% −0.03
JOBY Joby Aviation Inc. Reduce -2.1% 0.12% −0.03
XEL Xcel Energy Inc. Reduce -0.4% 0.26% −0.03

Portfolio Buys Q3 2025 → Q4 2025
VOO Vanguard S&P 500 ETF Add +26.6% 1.56% +0.32
SPYM Ste STR SPDR PT S&P 500 ETF Add +17.7% 2.15% +0.32
GOOGL Alphabet Inc. Class A Add +3.2% 1.38% +0.31
SRE Sempra Add +114.2% 0.52% +0.27
GLW Corning Inc. Add +382.7% 0.32% +0.26
WEC WEC Energy Group Inc. Add +5040.6% 0.26% +0.25
DDWM Wisdomtree DY Inter Eq FD-US Add +334.5% 0.24% +0.19
TIC Tic Solutions Inc. New 0.17% +0.17
VST Vistra Corp. Add +1629.2% 0.16% +0.15
ANET Arista Networks Inc. Add +1664.5% 0.15% +0.14
GEV GE Vernova Inc. Add +171.9% 0.21% +0.14
IAU iShares Gold Trust Add +39.4% 0.38% +0.13
AMZN Amazon.com Inc. Add +6.9% 1.44% +0.12
VCIT Vanguard Int-Term Corporate Add +33.5% 0.54% +0.12
GLTR Abrdn Precious Metals Basket New 0.11% +0.11
GDXJ Vaneck Junior Gold Miners Add +2586.3% 0.12% +0.11
DELL Dell Technologies -C Add +1656.2% 0.12% +0.11
GOOG Alphabet Inc. Class C Add +1.6% 0.47% +0.10
GILD Gilead Sciences Inc. Add +150.3% 0.16% +0.10
SPIB SS SPDR P Int C Corp. ETF Add +25.0% 0.56% +0.10
HUBB Hubbell Inc. Add +1379.9% 0.10% +0.09
AGG iShares Core U.S. Aggregate Add +30.1% 0.45% +0.09
SCHW Schwab (charles) Corp. Add +106.7% 0.17% +0.09
CCK Crown Holdings Inc. Add +1140.3% 0.10% +0.09
SPDW Ste STR SPDR PT DW Eu ETF Add +13.0% 0.71% +0.09
JEF Jefferies Financial Group Inc. Add +530.3% 0.10% +0.08
BKR Baker Hughes Co. Add +316.2% 0.11% +0.08
QCOM Qualcomm Inc. Add +47.5% 0.24% +0.08
SPHY SS SPDR P High Yield ETF Add +43.1% 0.28% +0.08
IWM iShares Russell 2000 ETF Add +26.5% 0.36% +0.07
SPAB SS SPDR P Agg Bond ETF Add +17.4% 0.59% +0.07
SPY SS SPDR S&P 500 ETF Trust-US Add +2.9% 2.60% +0.07
QQQ Invesco QQQ Trust Series 1 Add +8.2% 0.90% +0.07
IBTL iShares Ibonds Dec 2031 Term New 0.06% +0.06
YOU Clear Secure Inc. Class A Add +441.3% 0.07% +0.06
BA The Boeing Co. Add +41.9% 0.20% +0.06
MRK Merck & Co. Inc. Add +0.5% 0.30% +0.05
BSCW Invesco Bulletshares 2032 CB New 0.05% +0.05
WHR Whirlpool Corp. Add +45794.7% 0.05% +0.05
VEU Vanguard Ftse All-World Ex-U Add +16.1% 0.32% +0.05
WMT Walmart Inc. Add +0.7% 0.77% +0.04
FWRG First Watch Restaurant Group Add +980.0% 0.05% +0.04
JNJ Johnson & Johnson Add +0.1% 0.50% +0.04
TTWO Take-Two Interactive Softwre Add +113.6% 0.08% +0.04
CB Chubb Ltd. Add +2.1% 0.39% +0.04
ISRG Intuitive Surgical Inc. Add +262.5% 0.04% +0.03
SPSB SS SPDR P St C Corp. ETF Add +27.5% 0.18% +0.03
SPHR Sphere Entertainment Co. New 0.03% +0.03
EXTR Extreme Networks Inc. New 0.03% +0.03
AMGN Amgen Inc. Add +8.3% 0.18% +0.03

Options Activity Q3 2025 → Q4 2025
BHVN Biohaven Ltd. put Sold out 7 $13Kbefore exit
SMCI Super Micro Computer Inc. put Reduce -41.2% 10 $13K
NWL Newell Brands Inc. put Reduce -57.1% 30 $11K
SYM Symbotic Inc. put Add +61.5% 21 $9K
BA The Boeing Co. put Add +100.0% 6 $8K
GNRC Generac Holdings Inc. put New 4 $8K
AMAT Applied Materials Inc. call New 1 $6K
FISV Fiserv Inc. put Sold out 4 $5Kbefore exit
HSBC HSBC Holdings PLC-Spons ADR call Sold out 9 $5Kbefore exit
SMTC Semtech Corp. put Sold out 11 $5Kbefore exit
STZ Constellation Brands Inc. Class A put Reduce -60.0% 2 $5K
SNOW Snowflake Inc. put New 3 $4K
MOS The Mosaic Co. put New 12 $3K
DXC DXC Technology Co. put Sold out 7 $3Kbefore exit
BHF Brighthouse Financial Inc. put Sold out 10 $3Kbefore exit
AMD Advanced Micro Devices put Add +25.0% 15 $3K
ENPH Enphase Energy Inc. put Sold out 10 $3Kbefore exit
UPS United Parcel Service Class B put Sold out 2 $3Kbefore exit
PAYC Paycom Software Inc. put Sold out 2 $3Kbefore exit
ORCL Oracle Corp. put New 2 $3K
BAH Booz Allen Hamilton Holdings put New 4 $3K
AVGO Broadcom Inc. call Add +100.0% 4 $3K
NVDA Nvidia Corp. call Add +50.0% 3 $2K
PYPL PayPal Holdings Inc. put New 5 $2K
MRK Merck & Co. Inc. put Sold out 8 $2Kbefore exit
P Everpure Inc. Class A put New 4 $2K
PUTGTLB06/18/2632.50 put New 6 $2K
GTLB Gitlab Inc. Class A put New 6 $2K
CCJ Cameco Corp. put Sold out 4 $2Kbefore exit
NTSK Netskope Inc. Class A put New 8 $2K
BULL Webull Corp. put New 14 $2K
GDX Vaneck Gold Miners ETF call New 2 $1K
AMAT Applied Materials Inc. put Sold out 5 $1Kbefore exit
AA Alcoa Corp. put Sold out 6 $1Kbefore exit
TSLA Tesla Inc. put Sold out 2 $940before exit
BSM Black Stone Minerals LP put Sold out 20 $900before exit
HD Home Depot Inc. put New 1 $795
TW Tradeweb Markets Inc. Class A put New 2 $780
CSCO Cisco Systems Inc. call Add +100.0% 4 $730
GFS Globalfoundries Inc. put Sold out 5 $725before exit
GILD Gilead Sciences Inc. put Sold out 1 $635before exit
BABA Alibaba Group Holding-SP ADR call Add +200.0% 3 $605
MKSI MKS Inc. put New 2 $570
TFC Truist Financial Corp. call Add +66.7% 5 $566
HSBC HSBC Holdings PLC-Spons ADR put New 4 $560
AMD Advanced Micro Devices call Sold out 1 $515before exit
ALK Alaska Air Group Inc. put New 4 $500
RSP Invesco S&P 500 Equal Weight put Sold out 1 $480before exit
BMY Bristol-Myers Squibb Co. put New 6 $450
OKTA Okta Inc. call Sold out 1 $445before exit

Showing the first 50 of 70.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q3 2025 → Q4 2025
STEEL PARTNERS HLDS LP (SPLP 6 02/07/26 A) PREFERRED STK Sold out 44,881 $1.1Mbefore exit
JPMORGAN CHASE & CO (JPM 5.75 PERP DD) PREFERRED STOCK Add +14.8% 13,859 $345K
OFFICE PPTY INCOME TRST (OPI 6.375 06/23/50 0000) Pref Sold out 70,029 $298Kbefore exit
MORGAN STANLEY (MS 5.85 PERP K) Bond Reduce -22.0% 11,552 $283K
BANK OF AMERICA CORP (BAC 6.45 12/15/66 K*) Common Stock Add +1.1% 9,588 $245K
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock Reduce -18.1% 12,238 $233K
NATL HEALTHCARE PROP INC (HEATRU 7.375 PERP A) PREFERREDSTK Add +185.1% 8,625 $165K
US BANCORP (USB 5.5 PERP K) Common Stock Reduce -33.5% 6,916 $156K
SOUND POINT MERIDIAN CAP (SPMC 8 11/30/29) PREFERREDSTK Add +90.3% 5,900 $149K
BANK OF AMERICA CORP (BAC 6 PERP GG) PFD Add +0.6% 4,682 $118K
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock Reduce -15.1% 5,634 $110K
DIME COMMERCIAL INC (DCOM 5.5 PERP) PREFERRED STOCK Reduce -29.3% 6,116 $109K
PRUDENTIAL FINANCIAL INC (PRU 5.625 08/15/58) PFD Add +12.8% 4,354 $104K
METLIFE INC (MET 5.625 PERP E) Common Stock Add +156.0% 4,111 $98K
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock Add +0.8% 5,040 $98K
JPMORGAN CHASE & CO (JPM 4.55 PERP JJ) COM Reduce -0.1% 4,858 $94K
WELLS FARGO & COMPANY (WFC 4.25 PERP DD) PFD Reduce -0.1% 5,237 $93K
EQUITABLE HOLDINGS INC (EQH 5.25 PERP A) Common Stock Add +119.2% 4,543 $92K
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD Add +0.8% 3,734 $82K
PUBLIC STORAGE (PSA 3.9 PERP O) PREFERREDSTK Reduce -0.0% 5,121 $80K
SACHEM CAPITAL CORP (SACH 7.125 06/30/27) PREFERREDSTK Add +277.8% 3,400 $79K
OXFORD LANE CAPITAL CORP (OXLC 6 08/31/29 2029) PREFERREDSTK New 3,267 $76K
AT&T INC (T 4.75 PERP C) PFD Add +250.9% 3,674 $70K
TRUIST FINANCIAL CORP (TFC F PERP I) Common Stock Reduce -30.0% 3,500 $69K
NATL HEALTHCARE PROP INC (HEATRU 7.125 PERP B) PREFERREDSTK New 3,407 $63K
SOUND POINT MERIDIAN CAP (SPMC 7.875 07/31/30 B) PREFERREDSTK New 2,420 $61K
GENERAL AMERICAN INVEST (GAM 5.95 PERP B) Pfd Stk Add +99.5% 2,430 $61K
WELLS FARGO & COMPANY (WFC 5.625 PERP Y) PREFERRED STOCK Add +97.0% 2,488 $60K
EAGLE POINT CREDIT CO (ECC 6.75 03/31/31) PREFERREDSTK Add +300.0% 2,400 $60K
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +2.2% 46 $58K
CARLYLE FINANCE LLC (CG 4.625 05/15/61) PFD Reduce -23.5% 3,250 $56K
CHARLES SCHWAB CORP (SCHW 4.45 PERP J) PFD Add +3029.6% 2,754 $52K
CHS INC (CHSINC V6.75 PERP 3) PFD New 2,021 $50K
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Add +113.2% 565 $43K
DIGITAL REALTY TRUST INC (DLR 5.2 PERP L) PFDs, REITs, Reduce -0.1% 2,027 $41K
BRC GROUP HOLDINGS INC (RILY 5.25 08/31/28) Pref Add +153.8% 3,300 $41K
BRIGHTHOUSE FINANCIAL IN (BHF 6.6 PERP A) BHFAP Reduce -59.8% 2,475 $38K
EAGLE POINT CREDIT CO (ECC 6.5 06/30/31) PREFERREDSTK Add +2.6% 1,437 $36K
REGIONS FINANCIAL CORP (RF V5.7 PERP C) Common Stock Reduce -0.1% 1,511 $35K
XCEL ENERGY INC (XEL 6.25 10/15/85) Common Stock New 1,416 $35K
BRIGHTHOUSE FINANCIAL IN (BHF 6.75 PERP B) Common Stock Reduce -33.9% 2,229 $35K
EPR PROPERTIES (EPR 5.75 PERP C) PFD C CV 5.75% Sold out 1,247 $32Kbefore exit
BRC GROUP HOLDINGS INC (RILY 6 01/31/28) PREFERREDSTK New 2,000 $28K
AT&T INC (T 5.35 11/01/66) Preferred Stock Reduce -0.1% 1,128 $25K
FIRST HORIZON CORP (FHN 6.5 PERP E) PFD Add +25.0% 1,000 $24K
CARLYLE CREDIT INCOME (CCIF 8.75 10/31/28) PREFERRED STK Sold out 900 $23Kbefore exit
BRIGHTHOUSE FINANCIAL IN (BHF 4.625 PERP D) PREFERREDSTK Reduce -4.7% 2,030 $22K
OFS CREDIT COMPANY INC (OCCI 7.875 10/31/29 F) PREFERREDSTK New 875 $22K
EPR PROPERTIES (EPR 5.75 PERP G) PREFERREDSTK Add +1.7% 1,090 $21K
BRUNSWICK CORP (BC 6.5 10/15/48) PFD Sold out 845 $21Kbefore exit

Showing the first 50 of 133.

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2,401$1.5BAAPL, SPY, SPYM, VOO, NVDA
Q1 2026 2,542$1.3BAAPL, SPY, SPYM, VOO, MSFT
Q4 2025 2,484$1.3BAAPL, SPY, MSFT, SPYM, VOO
Q3 2025 2,479$1.3BAAPL, SPY, MSFT, SPYM, NVDA
Q2 2025 2,326$1.2BMSFT, AAPL, SPYM, SPY, AVGO
Q1 2025 2,108$1.2BBRK.A, RY, MSFT, AAPL, SPY
Q4 2024 1,246$1.1MRY, AAPL, MSFT, SPY, AVGO
Q3 2024 2,104$1.2BRY, AAPL, MSFT, BRK.A, SPY
Q2 2024 2,068$1.1BAAPL, RY, MSFT, BRK.A, SPY
Q1 2024 2,158$1.1BRY, MSFT, AAPL, BRK.A, SPY