McGowan Group Asset Management, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), McGowan Group Asset Management, Inc. reported 107 stock positions worth $678.1 million. Its top holding was Alliancebernstein GL Hi (XAWFX) at 7.4% of the portfolio, followed by Nuveen Global High Income (JGH, 7.3%) and Doubleline Income Solutions (DSL, 7.1%). Compared with Q4 2023, it opened 10 new positions, sold out of 10, added to 40 and reduced 42. The biggest buy was a new position in Plains GP (PAGP) and the biggest sale an exit from Devon Energy (DVN).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001633227
Portfolio Value
$678.1M (Q1 2024)
SEC Filing
0001633227-24-000002 ↗ filed May 15, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $678.1M $678.1M Q1 2024 Q2 2024: $703.5M Q2 2024 Q3 2024: $745.3M Q3 2024 Q4 2024: $734.1M Q4 2024 Q1 2025: $743.7M Q1 2025 Q2 2025: $782.8M Q2 2025 Q3 2025: $799.0M Q3 2025 Q4 2025: $798.8M Q4 2025 Q1 2026: $784.9M Q1 2026 Q2 2026: $822.7M Q2 2026

Holdings 107 stocks · $678.1M
XAWFX Alliancebernstein GL Hi Inc. 7.41% 4,731,875 $50.3M Add +0.8%
JGH Nuveen Global High Income 7.34% 3,894,779 $49.8M Add +0.4%
DSL Doubleline Income Solutions 7.08% 3,780,303 $48.0M Add +0.8%
HYT BlackRock Corp. Hi YLD 5.76% 3,989,409 $39.1M Add +0.9%
GENERAL MNY MKT FUND 5.60% 37,981,555 $38.0M Add +18.4%
UTF Cohen & Steers Infrastructur 4.49% 1,292,923 $30.5M Add +0.4%
XOM Exxon Mobil Corp. 4.43% 258,364 $30.0M Reduce -0.8%
NVO Novo-Nordisk A/S-Spons ADR 4.30% 227,188 $29.2M Reduce -0.5%
MRK Merck & Co. Inc. 3.28% 168,402 $22.2M Reduce -1.1%
UNM Unum Group 3.27% 413,006 $22.2M Reduce -0.7%
ARCC Ares Capital Corp. 3.11% 1,013,450 $21.1M Reduce -1.9%
MLPA Global X MLP ETF 3.09% 433,909 $20.9M Reduce -0.4%
PAGP Plains GP Holdings LP 2.96% 1,099,525 $20.1M New
VST Vistra Corp. 2.90% 281,860 $19.6M Reduce -50.3%
ABBV Abbvie Inc. 2.89% 107,473 $19.6M Reduce -0.7%
XEVTX Eaton Vance Tax-Adv DVD Inc. 2.76% 793,699 $18.7M Add +4.6%
LLY Eli Lilly & Co. 2.55% 22,207 $17.3M Reduce -0.1%
ET Energy Transfer LP 1.94% 837,310 $13.2M Reduce -0.5%
BWXT BWX Technologies Inc. 1.86% 122,859 $12.6M Reduce -0.0%
CQP Cheniere Energy Partners LP 1.72% 236,256 $11.7M Reduce -0.5%
CSQ Calamos Strat TTL RTRN FND 1.63% 675,910 $11.1M Add +12.8%
EPD Enterprise Products Partners 1.56% 362,469 $10.6M Reduce -0.8%
ETG Eaton Vance T/A GL DVD Incm 1.51% 562,262 $10.3M Add +12.0%
WBA Walgreens Boots Alliance Inc. 1.35% 422,481 $9.2M Add +0.8%
EBAY eBay Inc. 1.22% 156,946 $8.3M New
MSFT Microsoft Corp. 1.02% 16,442 $6.9M Add +4.9%
V Visa Inc. Class A 1.02% 24,689 $6.9M Reduce -0.4%
CVX Chevron Corp. 0.94% 40,239 $6.3M Reduce -0.3%
FANG Diamondback Energy Inc. 0.76% 26,151 $5.2M Add +0.8%
MMM 3M Co. 0.69% 43,981 $4.7M Reduce -0.7%
TXN Texas Instruments Inc. 0.67% 26,227 $4.6M Reduce -4.8%
AAPL Apple Inc. 0.53% 21,150 $3.6M Add +10.6%
AMZN Amazon.com Inc. 0.53% 19,940 $3.6M Add +3.7%
KYN Kayne Anderson Energy Infra 0.45% 308,137 $3.1M Reduce -4.9%
PG The Procter & Gamble Co. 0.44% 18,519 $3.0M Reduce -0.5%
IIPR Innovative Industrial Proper 0.42% 27,559 $2.9M Reduce -1.5%
SMCI Super Micro Computer Inc. 0.33% 2,189 $2.2M Add +191.9%
ALB Albemarle Corp. 0.30% 15,566 $2.1M Reduce -0.2%
ENPH Enphase Energy Inc. 0.27% 14,946 $1.8M Reduce -1.6%
NICE Nice Ltd. - Spon ADR 0.26% 6,664 $1.7M Add +0.8%
ENVX Enovix Corp. 0.25% 212,593 $1.7M Add +10.2%
LNG Cheniere Energy Inc. 0.24% 9,886 $1.6M Reduce -6.7%
TOST Toast Inc. Class A 0.19% 50,479 $1.3M New
MA Mastercard Inc. Class A 0.18% 2,477 $1.2M No change
NAD Nuveen Quality Municipal Inc. 0.15% 91,536 $1.0M New
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.15% 94,213 $1.0M New
THQ Abrdn Healthcare Opport 0.14% 46,645 $938K Add +0.3%
JNJ Johnson & Johnson 0.14% 5,807 $919K Reduce -8.2%
ACN Accenture PLC Class A 0.13% 2,629 $911K No change
DE Deere & Co. 0.13% 2,192 $900K Reduce -2.4%
AMLP Alerian MLP ETF 0.13% 18,920 $898K Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B 0.13% 2,095 $881K Reduce -0.8%
APH Amphenol Corp. Class A 0.13% 7,424 $856K Add +0.0%
DHR Danaher Corp. 0.12% 3,319 $829K Reduce -0.1%
GSST Goldman Sachs Ultra Short Bo 0.11% 15,022 $756K Add +199.8%
CINF Cincinnati Financial Corp. 0.10% 5,610 $697K Reduce -10.0%
KLAC KLA Corp. 0.10% 940 $657K No change
MO Altria Group Inc. 0.09% 14,299 $624K Add +0.8%
VOC Voc Energy Trust 0.09% 99,999 $605K Reduce -0.6%
PEP Pepsico Inc. 0.09% 3,381 $592K Add +0.1%
AMAT Applied Materials Inc. 0.09% 2,864 $591K Add +0.0%
WMT Walmart Inc. 0.08% 9,558 $575K Reduce -0.1%
PM Philip Morris International 0.08% 6,263 $574K Reduce -8.7%
CI The Cigna Group 0.08% 1,572 $571K Reduce -1.9%
CG The Carlyle Group Inc. 0.08% 11,819 $554K Add +0.1%
ORCL Oracle Corp. 0.08% 4,390 $551K Reduce -0.4%
META Meta Platforms Inc. Class A 0.08% 1,134 $551K No change
NOC Northrop Grumman Corp. 0.08% 1,125 $538K No change
F Ford Motor Co. filed as FORD MTR CO DEL 0.08% 39,296 $522K Reduce -0.6%
CAT Caterpillar Inc. 0.07% 1,351 $495K Add +0.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 907 $474K Add +1.7%
JPM JPMorgan Chase & Co. 0.07% 2,304 $462K Reduce -2.1%
CW Curtiss-Wright Corp. 0.06% 1,700 $435K No change
QCOM Qualcomm Inc. 0.06% 2,495 $422K Add +0.0%
MDLZ Mondelez International Inc. Class A 0.06% 6,030 $422K No change
VZ Verizon Communications Inc. 0.06% 10,058 $422K Add +0.1%
UNH Unitedhealth Group Inc. 0.06% 842 $416K Reduce -2.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 2,044 $390K No change
COP Conocophillips 0.06% 3,048 $388K No change
GDX Vaneck Gold Miners ETF 0.06% 12,245 $387K Reduce -1.0%
GOOGL Alphabet Inc. Class A 0.05% 2,269 $342K No change
RTX RTX Corp. 0.05% 3,499 $341K Reduce -1.2%
MTR Mesa Royalty Trust 0.05% 31,674 $336K Reduce -3.5%
FCX Freeport-McMoran Inc. 0.05% 7,109 $334K New
SO The Southern Co. 0.05% 4,632 $332K Add +0.1%
PBF PBF Energy Inc. Class A 0.05% 5,768 $332K Add +0.2%
PSX Phillips 66 0.05% 2,021 $330K No change
IUSV iShares Core S&P U.S. Value 0.05% 3,644 $330K Add +0.5%
MCD McDonald's Corp. 0.05% 1,161 $327K Add +1.0%
DLR Digital Realty Trust Inc. 0.05% 2,230 $321K No change
SWN Southwestern Energy Co. 0.05% 42,032 $319K No change
ITW Illinois Tool Works 0.05% 1,147 $308K No change
TSLA Tesla Inc. 0.05% 1,739 $306K Add +60.1%
LOW Lowe's Cos Inc. 0.04% 1,166 $297K Add +0.1%
DUK Duke Energy Corp. 0.04% 3,034 $293K Reduce -8.9%
WMB Williams Cos Inc. 0.04% 7,495 $292K Add +1.1%
NKE Nike Inc. Class B 0.04% 3,022 $284K Add +0.0%
ADBE Adobe Inc. 0.04% 490 $247K Reduce -14.8%
CSCO Cisco Systems Inc. 0.04% 4,924 $246K Add +0.2%
GD General Dynamics Corp. 0.04% 869 $245K Add +0.7%

Show all 107 holdings

Other holdings (22): bonds, preferreds, convertibles and warrants · $15.4M (not counted above)
SecurityClassShares / PrincipalValueChange
PRAIRIELANDS PUB FAC CORP TEX PROJ REV REV BDS PRAIRIELAND DETENTION CT MUNICIPAL BOND · principal 4,985,000$3.0MNo change
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 A MUNICIPAL BOND · principal 3,095,000$2.9MNo change
PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC MUNICIPAL BOND · principal 1,575,000$1.6MNo change
FANNIN CNTY TEX PUB FAC CORP REV REF BDS DETENTION FAC PROJ 2014 MUNICIPAL BOND · principal 1,725,000$1.2MNo change
TULANE UNIV LA RFDG-TULANE UNIV-C 0.523 02/15/36 B/E DTD 05/31/07 CLB MUNICIPAL BOND · principal 705,000$655KReduce -4.7%
NORTH TEX TWY AUTH REV SYS REF BDS B 5.000 01/01/43 B/E DTD 11/01/17 CL MUNICIPAL BOND · principal 550,000$564KNo change
US TREASURY N/B (T 2 06/30/24) FIXED · principal 500,000$496KNo change
US TREASURY N/B (T 2.75 08/31/25) FIXED · principal 485,000$471KNo change
US TREASURY N/B (T 2.5 05/31/24) FIX · principal 464,000$462KNo change
US TREASURY N/B (T 4.25 09/30/24) FIX · principal 463,000$461KNo change
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 B MUNICIPAL BOND · principal 450,000$428KNo change
US TREASURY N/B (T 2 05/31/24) FIX · principal 400,000$398KNo change
FANNIN CNTY TEX PUB FAC CORP REV REF BDS DETENTION FAC PROJ 2014 MUNICIPAL BOND · principal 540,000$342KNo change
SILICON VY TOB SECURITIZATION AUTH CALIF TOB SETTLEMENT REV TOBACCO MUNICIPAL BOND · principal 3,500,000$341KNo change
US TREASURY N/B (T 4.25 10/15/25) TREASURY · principal 330,000$327KNo change
US TREASURY N/B (T 4.375 10/31/24) FIX · principal 322,000$320KNo change
NORTH TEX TWY AUTH REV REF BDS 2015 B 5.00 01/01/45 B/E DTD 09/24/15 MUNICIPAL BOND · principal 250,000$251KNo change
UNITED STATES TREAS NTS 2.250 10/31/24 B/E DTD 10/31/17 TREASURY NOTE · principal 250,000$246KNo change
TOBACCO SETTLEMENT FING CORP VA ASSET BACKED BDS 2007C MUNICIPAL BOND · principal 830,000$227KNo change
UNITED STATES TREAS NTS 2.125 07/31/24 B/EDTD 07/31/17 TREASURY NOTE · principal 226,000$224KNo change
US TREASURY N/B (T 2.125 09/30/24) FIX · principal 226,000$223KNo change
CHICAGO ILL O HARE INTL ARPT REV REV REF BDS 2012B 5.000 01/01/31 B MUNICIPAL BOND · principal 200,000$200KNo change

Total filed on the 13F, all lines: $693.5M.

Portfolio Sells Q4 2023 → Q1 2024
DVN Devon Energy Corp. Sold out 0.00% −2.18
VST Vistra Corp. Reduce -50.3% 2.90% −0.71
PTEN Patterson-Uti Energy Inc. Sold out 0.00% −0.45
ARCC Ares Capital Corp. Reduce -1.9% 3.11% −0.31
CQP Cheniere Energy Partners LP Reduce -0.5% 1.72% −0.23
MMM 3M Co. Reduce -0.7% 0.69% −0.11
TXN Texas Instruments Inc. Reduce -4.8% 0.67% −0.10
MLPA Global X MLP ETF Reduce -0.4% 3.09% −0.10
SEDG Solaredge Technologies Inc. Sold out 0.00% −0.09
ARRY Array Technologies Inc. Sold out 0.00% −0.09
CSIQ Canadian Solar Inc. Sold out 0.00% −0.09
ALB Albemarle Corp. Reduce -0.2% 0.30% −0.07
ENPH Enphase Energy Inc. Reduce -1.6% 0.27% −0.06
LNG Cheniere Energy Inc. Reduce -6.7% 0.24% −0.06
CVX Chevron Corp. Reduce -0.3% 0.94% −0.06
GDO Western Ast GLB Corp. Opprnty Sold out 0.00% −0.06
V Visa Inc. Class A Reduce -0.4% 1.02% −0.05
IIPR Innovative Industrial Proper Reduce -1.5% 0.42% −0.04
SMR Nuscale Power Corp. Sold out 0.00% −0.04
PVL Permianville Royalty Trust Sold out 0.00% −0.03
GILD Gilead Sciences Inc. Sold out 0.00% −0.03
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.03
VOC Voc Energy Trust Reduce -0.6% 0.09% −0.03
EPD Enterprise Products Partners Reduce -0.8% 1.56% −0.03
JNJ Johnson & Johnson Reduce -8.2% 0.14% −0.03
MTR Mesa Royalty Trust Reduce -3.5% 0.05% −0.02
PM Philip Morris International Reduce -8.7% 0.08% −0.02
ADBE Adobe Inc. Reduce -14.8% 0.04% −0.02
DE Deere & Co. Reduce -2.4% 0.13% −0.02
KYN Kayne Anderson Energy Infra Reduce -4.9% 0.45% −0.01
UNH Unitedhealth Group Inc. Reduce -2.4% 0.06% −0.01
DUK Duke Energy Corp. Reduce -8.9% 0.04% −0.01
PG The Procter & Gamble Co. Reduce -0.5% 0.44% −0.01
GDX Vaneck Gold Miners ETF Reduce -1.0% 0.06% −0.01
DHR Danaher Corp. Reduce -0.1% 0.12% −0.00
CINF Cincinnati Financial Corp. Reduce -10.0% 0.10% −0.00
F Ford Motor Co. Reduce -0.6% 0.08% −0.00
AMLP Alerian MLP ETF Reduce -0.5% 0.13% −0.00
RTX RTX Corp. Reduce -1.2% 0.05% +0.00
WMT Walmart Inc. Reduce -0.1% 0.08% +0.00
JPM JPMorgan Chase & Co. Reduce -2.1% 0.07% +0.00
ORCL Oracle Corp. Reduce -0.4% 0.08% +0.00
CI The Cigna Group Reduce -1.9% 0.08% +0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.8% 0.13% +0.01
ET Energy Transfer LP Reduce -0.5% 1.94% +0.03
ABBV Abbvie Inc. Reduce -0.7% 2.89% +0.12
XOM Exxon Mobil Corp. Reduce -0.8% 4.43% +0.13
UNM Unum Group Reduce -0.7% 3.27% +0.16
MRK Merck & Co. Inc. Reduce -1.1% 3.28% +0.21
BWXT BWX Technologies Inc. Reduce -0.0% 1.86% +0.30

Portfolio Buys Q4 2023 → Q1 2024
PAGP Plains GP Holdings LP New 2.96% +2.96
EBAY eBay Inc. New 1.22% +1.22
GENERAL MNY MKT FUND Add +18.4% 5.60% +0.31
SMCI Super Micro Computer Inc. Add +191.9% 0.33% +0.29
TOST Toast Inc. Class A New 0.19% +0.19
CSQ Calamos Strat TTL RTRN FND Add +12.8% 1.63% +0.16
NAD Nuveen Quality Municipal Inc. New 0.15% +0.15
XNEAX Nuveen Amt-FR QLTY Muni Inc. New 0.15% +0.15
FANG Diamondback Energy Inc. Add +0.8% 0.76% +0.10
ETG Eaton Vance T/A GL DVD Incm Add +12.0% 1.51% +0.10
GSST Goldman Sachs Ultra Short Bo Add +199.8% 0.11% +0.07
FCX Freeport-McMoran Inc. New 0.05% +0.05
AMZN Amazon.com Inc. Add +3.7% 0.53% +0.05
MSFT Microsoft Corp. Add +4.9% 1.02% +0.05
NICE Nice Ltd. - Spon ADR Add +0.8% 0.26% +0.04
CL Colgate-Palmolive Co. New 0.03% +0.03
ORLY O'reilly Automotive Inc. New 0.03% +0.03
AZO AutoZone Inc. New 0.03% +0.03
GEHC GE Healthcare Technology New 0.03% +0.03
AMAT Applied Materials Inc. Add +0.0% 0.09% +0.01
CAT Caterpillar Inc. Add +0.1% 0.07% +0.01
PBF PBF Energy Inc. Class A Add +0.2% 0.05% +0.01
APH Amphenol Corp. Class A Add +0.0% 0.13% +0.00
QCOM Qualcomm Inc. Add +0.0% 0.06% +0.00
CG The Carlyle Group Inc. Add +0.1% 0.08% +0.00
LOW Lowe's Cos Inc. Add +0.1% 0.04% +0.00
TSLA Tesla Inc. Add +60.1% 0.05% +0.00
WMB Williams Cos Inc. Add +1.1% 0.04% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +1.7% 0.07% −0.00
VZ Verizon Communications Inc. Add +0.1% 0.06% −0.00
THQ Abrdn Healthcare Opport Add +0.3% 0.14% −0.00
GD General Dynamics Corp. Add +0.7% 0.04% −0.00
IUSV iShares Core S&P U.S. Value Add +0.5% 0.05% −0.00
MO Altria Group Inc. Add +0.8% 0.09% −0.00
SO The Southern Co. Add +0.1% 0.05% −0.00
CSCO Cisco Systems Inc. Add +0.2% 0.04% −0.00
GT Goodyear Tire & Rubber Co. Add +2.9% 0.04% −0.00
PEP Pepsico Inc. Add +0.1% 0.09% −0.01
MCD McDonald's Corp. Add +1.0% 0.05% −0.01
INTC Intel Corp. Add +0.0% 0.03% −0.01
NKE Nike Inc. Class B Add +0.0% 0.04% −0.01
UTF Cohen & Steers Infrastructur Add +0.4% 4.49% −0.02
XEVTX Eaton Vance Tax-Adv DVD Inc. Add +4.6% 2.76% −0.03
AAPL Apple Inc. Add +10.6% 0.53% −0.07
ENVX Enovix Corp. Add +10.2% 0.25% −0.15
HYT BlackRock Corp. Hi YLD Add +0.9% 5.76% −0.39
XAWFX Alliancebernstein GL Hi Inc. Add +0.8% 7.41% −0.44
WBA Walgreens Boots Alliance Inc. Add +0.8% 1.35% −0.46
JGH Nuveen Global High Income Add +0.4% 7.34% −0.47
DSL Doubleline Income Solutions Add +0.8% 7.08% −0.50

Notes & Other Activity Q4 2023 → Q1 2024
US TREASURY N/B (T 2.625 12/31/23) FIXED · principal Sold out 825,000 $825Kbefore exit
TULANE UNIV LA RFDG-TULANE UNIV-C 0.523 02/15/36 B/E DTD 05/31/07 CLB MUNICIPAL BOND · principal Reduce -4.7% 705,000 $655K
US TREASURY N/B (T 2.75 02/15/24) TREASURY · principal Sold out 600,000 $598Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 151$822.7MJGH, HYT, UTF, XAWFX, DELL
Q1 2026 150$784.9MJGH, XOM, HYT, XAWFX, UTF
Q4 2025 118$798.8MGENERAL MNY MKT FUND, JGH, XAWFX, HYT, UTF
Q3 2025 112$799.0MGENERAL MNY MKT FUND, JGH, XAWFX, HYT, DSL
Q2 2025 114$782.8MGENERAL MNY MKT FUND, JGH, XAWFX, DSL, HYT
Q1 2025 112$743.7MGENERAL MNY MKT FUND, JGH, XAWFX, DSL, UTF
Q4 2024 111$734.1MGENERAL MNY MKT FUND, JGH, XAWFX, DSL, HYT
Q3 2024 110$745.3MGENERAL MNY MKT FUND, XAWFX, JGH, DSL, HYT
Q2 2024 102$703.5MGENERAL MNY MKT FUND, JGH, XAWFX, DSL, HYT
Q1 2024 107$678.1MXAWFX, JGH, DSL, HYT, GENERAL MNY MKT FUND