McGowan Group Asset Management, Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), McGowan Group Asset Management, Inc. reported 110 stock positions worth $745.3 million. Its top holding was General MNY MKT Fund at 10.4% of the portfolio, followed by Alliancebernstein GL Hi (XAWFX, 7.4%) and Nuveen Global High Income (JGH, 7.2%). Compared with Q2 2024, it opened 15 new positions, sold out of 7, added to 60 and reduced 27. The biggest buy was a new position in Dell Technologies -C (DELL) and the biggest sale an exit from HP (HPQ).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001633227
Portfolio Value
$745.3M (Q3 2024)
SEC Filing
0001633227-24-000004 ↗ filed Nov 12, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $678.1M Q1 2024 Q2 2024: $703.5M Q2 2024 Q3 2024: $745.3M $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 110 stocks · $745.3M
GENERAL MNY MKT FUND 10.43% 77,746,982 $77.7M Add +13.8%
XAWFX Alliancebernstein GL Hi Inc. 7.38% 4,847,932 $55.0M Add +0.8%
JGH Nuveen Global High Income 7.19% 4,004,978 $53.6M Add +0.8%
DSL Doubleline Income Solutions 6.18% 3,549,944 $46.1M Reduce -6.5%
HYT BlackRock Corp. Hi YLD 5.55% 4,112,031 $41.4M Add +1.1%
UTF Cohen & Steers Infrastructur 4.62% 1,323,902 $34.5M Add +1.3%
XOM Exxon Mobil Corp. 4.10% 260,598 $30.5M Add +0.5%
ARCC Ares Capital Corp. 2.92% 1,038,679 $21.7M Add +0.4%
PAGP Plains GP Holdings LP 2.79% 1,122,165 $20.8M Add +0.6%
XEVTX Eaton Vance Tax-Adv DVD Inc. 2.78% 840,076 $20.7M Add +3.3%
LLY Eli Lilly & Co. 2.59% 21,802 $19.3M Reduce -0.6%
NVO Novo-Nordisk A/S-Spons ADR 2.53% 158,507 $18.9M Reduce -30.6%
MMM 3M Co. 2.37% 129,430 $17.7M Add +0.6%
UNM Unum Group 2.29% 286,685 $17.0M Reduce -30.3%
DELL Dell Technologies -C 2.12% 133,163 $15.8M New
ABBV Abbvie Inc. 2.02% 76,128 $15.0M Reduce -29.4%
GSST Goldman Sachs Ultra Short Bo 1.84% 270,196 $13.7M Add +2205.6%
ET Energy Transfer LP 1.83% 849,933 $13.6M Add +0.7%
BWXT BWX Technologies Inc. 1.83% 125,275 $13.6M Add +1.2%
MRK Merck & Co. Inc. 1.79% 117,448 $13.3M Reduce -30.1%
CSQ Calamos Strat TTL RTRN FND 1.72% 740,740 $12.9M Add +5.8%
ETG Eaton Vance T/A GL DVD Incm 1.62% 622,469 $12.1M Add +7.1%
CQP Cheniere Energy Partners LP 1.56% 238,570 $11.6M Add +0.4%
NAD Nuveen Quality Municipal Inc. 1.50% 902,217 $11.2M Add +80.8%
XNEAX Nuveen Amt-FR QLTY Muni Inc. 1.50% 931,988 $11.2M Add +80.8%
EPD Enterprise Products Partners 1.43% 366,093 $10.7M Add +0.3%
EBAY eBay Inc. 1.38% 158,194 $10.3M Reduce -0.4%
MSFT Microsoft Corp. 0.99% 17,153 $7.4M Add +2.0%
TXN Texas Instruments Inc. 0.99% 35,728 $7.4M Add +36.2%
V Visa Inc. Class A 0.94% 25,514 $7.0M Add +1.5%
CVX Chevron Corp. 0.80% 40,261 $5.9M Reduce -2.7%
TOST Toast Inc. Class A 0.70% 185,544 $5.3M Add +237.8%
GOOGL Alphabet Inc. Class A 0.69% 30,888 $5.1M Add +2.1%
AAPL Apple Inc. 0.66% 20,992 $4.9M Reduce -0.1%
FANG Diamondback Energy Inc. 0.65% 28,287 $4.9M Add +3.3%
AMZN Amazon.com Inc. 0.50% 20,169 $3.8M Add +1.8%
NVG Nuveen Amt-FR Muni CRDT 0.50% 276,164 $3.7M Add +126.0%
IIPR Innovative Industrial Proper 0.49% 27,320 $3.7M Reduce -1.6%
KYN Kayne Anderson Energy Infra 0.46% 308,874 $3.4M Add +0.3%
NZF Nuveen Municipal Credit Inc. 0.41% 232,615 $3.0M Add +228.0%
PG The Procter & Gamble Co. 0.40% 17,078 $3.0M Reduce -7.4%
ENVX Enovix Corp. 0.33% 260,511 $2.4M Add +9.3%
ENPH Enphase Energy Inc. 0.25% 16,351 $1.8M Add +5.1%
MA Mastercard Inc. Class A 0.16% 2,450 $1.2M Add +0.0%
LNG Cheniere Energy Inc. 0.16% 6,686 $1.2M Add +0.1%
THQ Abrdn Healthcare Opport 0.14% 45,920 $1.0M Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B 0.13% 2,107 $970K Add +0.5%
DHR Danaher Corp. 0.12% 3,330 $926K Add +0.3%
DE Deere & Co. 0.12% 2,176 $908K Reduce -0.2%
VZ Verizon Communications Inc. 0.12% 19,956 $896K Add +99.6%
AMLP Alerian MLP ETF 0.11% 18,146 $855K Add +0.0%
NVDA Nvidia Corp. 0.11% 6,989 $849K Add +21.8%
JNJ Johnson & Johnson 0.11% 5,187 $841K Reduce -1.8%
WMT Walmart Inc. 0.10% 9,677 $781K Add +0.1%
MO Altria Group Inc. 0.10% 14,946 $763K Add +2.4%
PM Philip Morris International 0.10% 6,278 $762K Add +0.0%
ACN Accenture PLC Class A 0.10% 2,138 $756K Reduce -18.7%
KLAC KLA Corp. 0.10% 940 $728K No change
F Ford Motor Co. filed as FORD MTR CO 0.10% 68,269 $721K Add +91.5%
COP Conocophillips 0.09% 6,513 $686K No change
ORCL Oracle Corp. 0.09% 3,892 $663K Add +0.0%
META Meta Platforms Inc. Class A 0.09% 1,136 $650K Reduce -1.1%
APH Amphenol Corp. Class A 0.09% 9,967 $650K Add +0.0%
AMAT Applied Materials Inc. 0.08% 2,868 $579K Add +0.1%
CI The Cigna Group 0.07% 1,583 $548K Add +0.6%
CAT Caterpillar Inc. 0.07% 1,363 $533K Add +0.1%
UNH Unitedhealth Group Inc. 0.07% 910 $532K Add +1.1%
CINF Cincinnati Financial Corp. 0.07% 3,787 $515K Reduce -32.5%
VOC Voc Energy Trust 0.07% 104,067 $513K Add +3.2%
CG The Carlyle Group Inc. 0.07% 11,244 $484K Reduce -1.3%
NOC Northrop Grumman Corp. 0.06% 900 $475K No change
FCX Freeport-McMoran Inc. 0.06% 9,262 $462K Reduce -1.8%
CW Curtiss-Wright Corp. 0.06% 1,375 $452K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 2,044 $452K No change
RTX RTX Corp. 0.06% 3,507 $425K Add +0.1%
QCOM Qualcomm Inc. 0.06% 2,497 $425K Add +0.0%
SO The Southern Co. 0.06% 4,678 $422K Add +0.0%
ALL Allstate Corp. 0.05% 2,059 $390K New
TSLA Tesla Inc. 0.05% 1,492 $390K Reduce -32.9%
DLR Digital Realty Trust Inc. 0.05% 2,230 $361K No change
HMC Honda Motor Co. Ltd.-Spons ADR 0.05% 11,241 $357K New
DUK Duke Energy Corp. 0.05% 3,074 $354K Add +0.1%
IUSV iShares Core S&P U.S. Value 0.05% 3,684 $352K Add +0.6%
PEP Pepsico Inc. 0.05% 2,066 $351K Reduce -39.2%
WMB Williams Cos Inc. 0.05% 7,616 $348K Add +6.0%
JPM JPMorgan Chase & Co. 0.05% 1,648 $347K Reduce -25.8%
LOW Lowe's Cos Inc. 0.04% 1,134 $307K Reduce -2.7%
SWN Southwestern Energy Co. 0.04% 42,032 $299K No change
ITW Illinois Tool Works 0.04% 1,115 $292K Reduce -3.3%
NKE Nike Inc. Class B 0.04% 3,250 $287K Add +7.5%
PR Permian Resources Corp. Class A 0.04% 20,549 $280K New
MDLZ Mondelez International Inc. Class A 0.04% 3,630 $267K Reduce -39.8%
CSCO Cisco Systems Inc. 0.04% 4,949 $263K Add +0.3%
ADBE Adobe Inc. 0.03% 495 $256K Add +2.1%
PSX Phillips 66 0.03% 1,893 $249K No change
PFE Pfizer Inc. 0.03% 8,553 $248K Add +0.2%
MCD McDonald's Corp. 0.03% 803 $244K Add +0.1%
GT Goodyear Tire & Rubber Co. 0.03% 27,366 $242K New
PLTR Palantir Technologies Inc. Class A 0.03% 6,459 $240K New
MELI MercadoLibre Inc. 0.03% 113 $232K New

Show all 110 holdings

Other holdings (17): bonds, preferreds, convertibles and warrants · $13.8M (not counted above)
SecurityClassShares / PrincipalValueChange
PRAIRIELANDS PUB FAC CORP TEX PROJ REV REV BDS PRAIRIELAND DETENTION CT MUNICIPAL BOND · principal 4,960,000$3.2MReduce -0.5%
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 A MUNICIPAL BOND · principal 3,030,000$3.0MReduce -4.0%
PUBLIC FIN AUTH WIS ED REV TRIAD EDUCATION SERVICES INC MUNICIPAL BOND · principal 1,600,000$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$650KNo change
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$562KNo change
US TREASURY N/B (T 2.75 08/31/25) FIXED · principal 485,000$479KNo change
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 B MUNICIPAL BOND · principal 475,000$467KNo change
FANNIN CNTY TEX PUB FAC CORP REV REF BDS DETENTION FAC PROJ 2014 MUNICIPAL BOND · principal 540,000$359KNo change
SILICON VY TOB SECURITIZATION AUTH CALIF TOB SETTLEMENT REV TOBACCO MUNICIPAL BOND · principal 3,500,000$358KNo change
US TREASURY N/B (T 4.25 10/15/25) TREASURY · principal 330,000$331KNo change
US TREASURY N/B (T 4.375 10/31/24) FIX · principal 322,000$322KNo change
US TREASURY N/B (T 1.5 11/30/24) FIX · principal 281,000$279KNo 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$249KNo change
TOBACCO SETTLEMENT FING CORP VA ASSET BACKED BDS 2007C MUNICIPAL BOND · principal 830,000$234KNo 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: $759.1M.

Portfolio Sells Q2 2024 → Q3 2024
HPQ HP Inc. Sold out 0.00% −2.22
NVO Novo-Nordisk A/S-Spons ADR Reduce -30.6% 2.53% −2.10
MRK Merck & Co. Inc. Reduce -30.1% 1.79% −1.17
UNM Unum Group Reduce -30.3% 2.29% −0.70
ABBV Abbvie Inc. Reduce -29.4% 2.02% −0.61
DSL Doubleline Income Solutions Reduce -6.5% 6.18% −0.58
SMCI Super Micro Computer Inc. Sold out 0.00% −0.23
LLY Eli Lilly & Co. Reduce -0.6% 2.59% −0.23
CVX Chevron Corp. Reduce -2.7% 0.80% −0.12
MTR Mesa Royalty Trust Sold out 0.00% −0.04
PBF PBF Energy Inc. Class A Sold out 0.00% −0.04
PG The Procter & Gamble Co. Reduce -7.4% 0.40% −0.04
PEP Pepsico Inc. Reduce -39.2% 0.05% −0.03
GD General Dynamics Corp. Sold out 0.00% −0.03
GDX Vaneck Gold Miners ETF Reduce -57.5% 0.03% −0.03
VST Vistra Corp. Sold out 0.00% −0.03
SMR Nuscale Power Corp. Sold out 0.00% −0.03
CINF Cincinnati Financial Corp. Reduce -32.5% 0.07% −0.03
MDLZ Mondelez International Inc. Class A Reduce -39.8% 0.04% −0.02
JPM JPMorgan Chase & Co. Reduce -25.8% 0.05% −0.02
ACN Accenture PLC Class A Reduce -18.7% 0.10% −0.01
TSLA Tesla Inc. Reduce -32.9% 0.05% −0.01
FCX Freeport-McMoran Inc. Reduce -1.8% 0.06% −0.00
CL Colgate-Palmolive Co. Reduce -5.9% 0.03% −0.00
CG The Carlyle Group Inc. Reduce -1.3% 0.07% 0.00
ITW Illinois Tool Works Reduce -3.3% 0.04% +0.00
THQ Abrdn Healthcare Opport Reduce -0.5% 0.14% +0.00
JNJ Johnson & Johnson Reduce -1.8% 0.11% +0.00
LOW Lowe's Cos Inc. Reduce -2.7% 0.04% +0.00
META Meta Platforms Inc. Class A Reduce -1.1% 0.09% +0.01
DE Deere & Co. Reduce -0.2% 0.12% +0.01
AAPL Apple Inc. Reduce -0.1% 0.66% +0.03
IIPR Innovative Industrial Proper Reduce -1.6% 0.49% +0.06
EBAY eBay Inc. Reduce -0.4% 1.38% +0.17

Portfolio Buys Q2 2024 → Q3 2024
DELL Dell Technologies -C New 2.12% +2.12
GSST Goldman Sachs Ultra Short Bo Add +2205.6% 1.84% +1.75
GENERAL MNY MKT FUND Add +13.8% 10.43% +0.72
NAD Nuveen Quality Municipal Inc. Add +80.8% 1.50% +0.67
XNEAX Nuveen Amt-FR QLTY Muni Inc. Add +80.8% 1.50% +0.66
MMM 3M Co. Add +0.6% 2.37% +0.50
TOST Toast Inc. Class A Add +237.8% 0.70% +0.50
UTF Cohen & Steers Infrastructur Add +1.3% 4.62% +0.45
NZF Nuveen Municipal Credit Inc. Add +228.0% 0.41% +0.28
NVG Nuveen Amt-FR Muni CRDT Add +126.0% 0.50% +0.28
TXN Texas Instruments Inc. Add +36.2% 0.99% +0.27
XAWFX Alliancebernstein GL Hi Inc. Add +0.8% 7.38% +0.21
BWXT BWX Technologies Inc. Add +1.2% 1.83% +0.16
XEVTX Eaton Vance Tax-Adv DVD Inc. Add +3.3% 2.78% +0.09
ETG Eaton Vance T/A GL DVD Incm Add +7.1% 1.62% +0.09
VZ Verizon Communications Inc. Add +99.6% 0.12% +0.06
ALL Allstate Corp. New 0.05% +0.05
CSQ Calamos Strat TTL RTRN FND Add +5.8% 1.72% +0.05
HMC Honda Motor Co. Ltd.-Spons ADR New 0.05% +0.05
PR Permian Resources Corp. Class A New 0.04% +0.04
F Ford Motor Co. Add +91.5% 0.10% +0.03
GT Goodyear Tire & Rubber Co. New 0.03% +0.03
PLTR Palantir Technologies Inc. Class A New 0.03% +0.03
MELI MercadoLibre Inc. New 0.03% +0.03
PCT Purecycle Technologies Inc. New 0.03% +0.03
ORLY O'reilly Automotive Inc. New 0.03% +0.03
PVL Permianville Royalty Trust New 0.03% +0.03
XTPZX Tortoise Power & Enrgy Infra New 0.03% +0.03
GEHC GE Healthcare Technology New 0.03% +0.03
AZO AutoZone Inc. New 0.03% +0.03
ULCC Frontier Group Holdings Inc. New 0.03% +0.03
ENPH Enphase Energy Inc. Add +5.1% 0.25% +0.03
HAL Halliburton Co. New 0.03% +0.03
NVDA Nvidia Corp. Add +21.8% 0.11% +0.01
PM Philip Morris International Add +0.0% 0.10% +0.01
WMT Walmart Inc. Add +0.1% 0.10% +0.01
ORCL Oracle Corp. Add +0.0% 0.09% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +0.5% 0.13% +0.01
MA Mastercard Inc. Class A Add +0.0% 0.16% +0.01
MO Altria Group Inc. Add +2.4% 0.10% +0.01
CAT Caterpillar Inc. Add +0.1% 0.07% +0.01
RTX RTX Corp. Add +0.1% 0.06% +0.01
DHR Danaher Corp. Add +0.3% 0.12% +0.01
UNH Unitedhealth Group Inc. Add +1.1% 0.07% +0.01
NKE Nike Inc. Class B Add +7.5% 0.04% +0.01
SO The Southern Co. Add +0.0% 0.06% +0.01
DUK Duke Energy Corp. Add +0.1% 0.05% +0.00
MCD McDonald's Corp. Add +0.1% 0.03% +0.00
V Visa Inc. Class A Add +1.5% 0.94% +0.00
KYN Kayne Anderson Energy Infra Add +0.3% 0.46% +0.00

Notes & Other Activity Q2 2024 → Q3 2024
PRAIRIELANDS PUB FAC CORP TEX PROJ REV REV BDS PRAIRIELAND DETENTION CT MUNICIPAL BOND · principal Reduce -0.5% 4,960,000 $3.2M
PIMA CNTY ARIZ INDL DEV AUTH ED REV REV BDS GRIFFIN FOUNDATION 2008 A MUNICIPAL BOND · principal Reduce -4.0% 3,030,000 $3.0M
US TREASURY N/B (T 4.25 09/30/24) FIX · principal Sold out 463,000 $462Kbefore exit
US TREASURY N/B (T 2 06/30/24) FIXED · principal Sold out 370,000 $370Kbefore exit
UNITED STATES TREAS NTS 2.125 07/31/24 B/EDTD 07/31/17 TREASURY NOTE · principal Sold out 226,000 $225Kbefore 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