Ocean Park Asset Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), Ocean Park Asset Management, LLC reported 77 stock positions worth $2.8 billion. Its top holding was SS SPDR BB High Yield Bond (JNK) at 15.3% of the portfolio, followed by iShares Broad Usd High Yield (USHY, 15.2%) and SS SPDR P High Yield ETF (SPHY, 8.7%). Compared with Q4 2024, it opened 21 new positions, sold out of 26, added to 31 and reduced 9. The biggest buy was a new position in Vanguard Long-Term Corp. Bond (VCLT) and the biggest sale Invesco Senior Loan ETF (BKLN, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- SANTA MONICA, CA
- CIK
- 0001538052
- Portfolio Value
- $2.8B (Q1 2025)
- SEC Filing
- 0001754960-25-000246 ↗ filed Apr 24, 2025
Holdings Value
Holdings 77 stocks · $2.8B
| JNK SS SPDR BB High Yield Bond | 15.28% | 4,519,615 | $430.7M | Reduce -3.3% |
| USHY iShares Broad Usd High Yield | 15.19% | 11,630,696 | $428.1M | Add +19.5% |
| SPHY SS SPDR P High Yield ETF | 8.72% | 10,493,576 | $245.8M | Add +41.5% |
| SRLN SS Blackstone Sr Loan ETF | 7.84% | 5,370,424 | $220.9M | Reduce -31.4% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 6.56% | 2,344,589 | $185.0M | Reduce -3.6% |
| SJNK SS SPDR BB St Hi Yield ETF | 4.74% | 5,311,500 | $133.6M | Add +10.0% |
| VCLT Vanguard Long-Term Corp. Bond | 3.58% | 1,327,700 | $100.8M | New |
| BKLN Invesco Senior Loan ETF | 3.43% | 4,668,134 | $96.6M | Reduce -74.3% |
| HYLB Xtrackers Usd High Yield Cor | 3.17% | 2,470,000 | $89.3M | Add +3.6% |
| TLT iShares 20+ Year Treasury BD | 3.06% | 948,054 | $86.3M | New |
| SHYG iShares 0-5 YR HY Corp. Bond | 2.46% | 1,628,000 | $69.2M | No change |
| HYMB SS SPDR N Ice HY Muni ETF | 2.04% | 2,281,100 | $57.5M | Add +42.8% |
| HYD Vaneck High Yield Muni ETF | 1.48% | 812,700 | $41.6M | Add +25.2% |
| JAAA Janus Henderson Aaa Clo ETF | 1.38% | 767,006 | $38.9M | Add +377.6% |
| EMLC Vaneck JPM Em Local Curr BND | 1.33% | 1,566,251 | $37.4M | New |
| EFV iShares MSCI Eafe Value ETF | 1.30% | 622,179 | $36.7M | New |
| VOO Vanguard S&P 500 ETF | 1.24% | 67,861 | $34.9M | Reduce -25.9% |
| EZU iShares MSCI Eurozone ETF | 1.08% | 573,994 | $30.6M | New |
| USMV iShares MSCI USA Min Vol Fac | 0.95% | 285,868 | $26.8M | Add +17.5% |
| ANGL Vaneck Fallen Angel High YLD | 0.94% | 913,400 | $26.4M | No change |
| EWH iShares MSCI Hong Kong ETF | 0.87% | 1,407,375 | $24.6M | New |
| JBBB Janus Henderson B-BBB Clo Et | 0.83% | 481,100 | $23.4M | Add +56.4% |
| XLF SS Financial Select Sector | 0.81% | 460,427 | $22.9M | Add +8.8% |
| EWG iShares MSCI Germany ETF | 0.77% | 585,364 | $21.7M | New |
| FALN iShares Fallen Angels ETF | 0.76% | 799,500 | $21.4M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.71% | 47,356 | $19.9M | Add +11.5% |
| IYK iShares US Consumer Staples | 0.68% | 269,466 | $19.3M | New |
| PYLD PIMCO Multisector Bond Actv | 0.68% | 722,305 | $19.0M | New |
| EMLP First Trust North American E | 0.66% | 494,000 | $18.5M | No change |
| FPE FT-Preferred Secur & Inc. ETF | 0.63% | 1,014,515 | $17.8M | Reduce -32.7% |
| FLTR Vaneck Ig Floating Rate ETF | 0.53% | 586,700 | $15.0M | No change |
| FTSL First Trust Senior Loan ETF | 0.48% | 296,600 | $13.5M | No change |
| PHYL Pgim Active High Yield Bond | 0.45% | 367,800 | $12.8M | Add +63.7% |
| HYDB iShares High Yield Systemati | 0.40% | 240,799 | $11.3M | Add +37.4% |
| FMHI First Trust Municipal High I | 0.35% | 208,500 | $10.0M | New |
| BKHY BNY Mellon High Yield ETF | 0.30% | 174,700 | $8.3M | Add +694.1% |
| HYGV NT HY Val-SCRD BD ETF | 0.28% | 193,900 | $7.8M | No change |
| ITA iShares U.S. Aerospace & Def | 0.27% | 50,177 | $7.7M | Add +13.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 39,800 | $6.9M | No change |
| FLHY Franklin High Yield Corporat | 0.24% | 286,300 | $6.8M | No change |
| FLMI Franklin Dynamic Municipal B | 0.23% | 264,300 | $6.5M | Add +123.4% |
| LONZ PIMCO Senior Loan Active ETF | 0.23% | 127,100 | $6.4M | Add +327.9% |
| XLP SS Consumer Staples Sel Sect | 0.22% | 77,021 | $6.3M | Add +18.8% |
| JEPI JPMorgan Equity Premium Inco | 0.22% | 106,094 | $6.1M | Reduce -60.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.21% | 76,092 | $6.0M | Add +20.0% |
| BBHY JPMorgan Betabuilders Usd Hi | 0.21% | 127,000 | $5.8M | Add +179.7% |
| SHYD Vaneck SH Hi YLD Muni | 0.20% | 252,600 | $5.7M | Add +296.6% |
| HYEM Vaneck Emrg MKTS Hi YLD | 0.20% | 283,835 | $5.6M | New |
| FLBL Franklin Senior Loan ETF | 0.18% | 215,400 | $5.2M | No change |
| JMHI JPMorgan High Yield Municpl | 0.15% | 83,600 | $4.2M | Add +608.5% |
| TPYP Managed Portfolio Series | 0.14% | 107,700 | $3.9M | New |
| CMBS iShares CMBS ETF | 0.11% | 63,286 | $3.0M | Add +35.9% |
| RSPG Invesco S&P 500 Equal Weight | 0.10% | 34,954 | $2.9M | New |
| HYBL SS Blackstone High Inc. ETF | 0.09% | 89,800 | $2.5M | No change |
| HYLS FT Tactical High Yield ETF | 0.09% | 61,400 | $2.5M | No change |
| FLRT Pacer Aristotle Pacific Floa | 0.08% | 49,336 | $2.3M | Add +269.9% |
| VGK Vanguard Ftse Europe ETF | 0.08% | 32,305 | $2.3M | New |
| PFRL Pgim Floating Rate Income Et | 0.07% | 36,917 | $1.8M | New |
| RSP Invesco S&P 500 Equal Weight | 0.05% | 7,600 | $1.3M | Add +42.9% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.05% | 23,168 | $1.3M | No change |
| MBB iShares MBS ETF | 0.04% | 13,189 | $1.2M | New |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.04% | 11,353 | $1.2M | New |
| EMB iShares JP Morgan Usd Emergi | 0.04% | 13,352 | $1.2M | Add +64.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.03% | 15,062 | $914K | Add +4.1% |
| BNDX Vanguard Total Intl Bond ETF | 0.03% | 16,817 | $821K | Reduce -16.1% |
| DISV Dimensional International SM | 0.03% | 25,200 | $734K | New |
| DVY iShares Select Dividend ETF | 0.02% | 5,200 | $698K | Add +42.9% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.02% | 4,200 | $674K | Add +42.9% |
| COWZ Pacer US Cash Cows 100 ETF | 0.02% | 11,650 | $638K | Add +42.9% |
| VWO Vanguard Ftse Emerging Marke | 0.02% | 12,892 | $583K | Add +84.4% |
| EFG iShares MSCI Eafe Growth ETF | 0.02% | 5,831 | $583K | New |
| YLD Principal Act Hi YLD ETF | 0.01% | 21,978 | $419K | No change |
| MUB iShares National Muni Bond E | 0.01% | 3,875 | $409K | Reduce -16.8% |
| EMHY iShares J.P. Morgan Em High | 0.01% | 7,761 | $297K | No change |
| SCZ iShares MSCI Eafe Small-Cap | 0.01% | 3,770 | $240K | New |
| DXJ Wisdomtree Japan Hedged Eq | 0.01% | 2,153 | $237K | No change |
| VIGI Vanguard Int Div App Indx FD | 0.01% | 2,811 | $233K | New |
Portfolio Sells Q4 2024 → Q1 2025
| BKLN Invesco Senior Loan ETF | Reduce -74.3% | 3.43% | −9.59 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -31.4% | 7.84% | −3.28 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −2.31 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −1.31 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −1.05 |
| ICVT iShares Convertible Bond ETF | Sold out | 0.00% | −1.03 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Sold out | 0.00% | −0.96 |
| PZA Invesco National Amt-Free Mu | Sold out | 0.00% | −0.95 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.76 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.60 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.57 |
| VRP Invesco Variable Rate Prefer | Sold out | 0.00% | −0.50 |
| VOO Vanguard S&P 500 ETF | Reduce -25.9% | 1.24% | −0.44 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.35 |
| JEPI JPMorgan Equity Premium Inco | Reduce -60.6% | 0.22% | −0.31 |
| MAGS Roundhill Magnificent Seven | Sold out | 0.00% | −0.29 |
| FPE FT-Preferred Secur & Inc. ETF | Reduce -32.7% | 0.63% | −0.27 |
| CLOZ Eldridge BBB-B Clo ETF | Sold out | 0.00% | −0.27 |
| PAVE Global X US Infrastructure | Sold out | 0.00% | −0.25 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.22 |
| IYC iShares US Consumer Discreti | Sold out | 0.00% | −0.20 |
| AVUV Avantis US Small Cap Value | Sold out | 0.00% | −0.18 |
| SCHG Schwab US Large-Cap Growth | Sold out | 0.00% | −0.07 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.05 |
| QQQM Invesco Nasdaq 100 ETF | Sold out | 0.00% | −0.03 |
| EWX State Street SPDR S&P Emergi | Sold out | 0.00% | −0.02 |
| KBE SS SPDR S&P Bank ETF | Sold out | 0.00% | −0.02 |
| SPMO Invesco S&P 500 Momentum ETF | Sold out | 0.00% | −0.02 |
| ARGT Global X MSCI Argentina ETF | Sold out | 0.00% | −0.02 |
| IJK iShares S&P Mid-Cap 400 Grow | Sold out | 0.00% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -16.1% | 0.03% | −0.00 |
| MUB iShares National Muni Bond E | Reduce -16.8% | 0.01% | −0.00 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -3.6% | 6.56% | +0.05 |
| JNK SS SPDR BB High Yield Bond | Reduce -3.3% | 15.28% | +0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| VCLT Vanguard Long-Term Corp. Bond | New | 3.58% | +3.58 |
| TLT iShares 20+ Year Treasury BD | New | 3.06% | +3.06 |
| USHY iShares Broad Usd High Yield | Add +19.5% | 15.19% | +3.00 |
| SPHY SS SPDR P High Yield ETF | Add +41.5% | 8.72% | +2.80 |
| EMLC Vaneck JPM Em Local Curr BND | New | 1.33% | +1.33 |
| EFV iShares MSCI Eafe Value ETF | New | 1.30% | +1.30 |
| JAAA Janus Henderson Aaa Clo ETF | Add +377.6% | 1.38% | +1.10 |
| EZU iShares MSCI Eurozone ETF | New | 1.08% | +1.08 |
| EWH iShares MSCI Hong Kong ETF | New | 0.87% | +0.87 |
| EWG iShares MSCI Germany ETF | New | 0.77% | +0.77 |
| IYK iShares US Consumer Staples | New | 0.68% | +0.68 |
| PYLD PIMCO Multisector Bond Actv | New | 0.68% | +0.68 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +42.8% | 2.04% | +0.65 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +10.0% | 4.74% | +0.59 |
| FMHI First Trust Municipal High I | New | 0.35% | +0.35 |
| HYD Vaneck High Yield Muni ETF | Add +25.2% | 1.48% | +0.33 |
| JBBB Janus Henderson B-BBB Clo Et | Add +56.4% | 0.83% | +0.32 |
| BKHY BNY Mellon High Yield ETF | Add +694.1% | 0.30% | +0.26 |
| HYLB Xtrackers Usd High Yield Cor | Add +3.6% | 3.17% | +0.24 |
| USMV iShares MSCI USA Min Vol Fac | Add +17.5% | 0.95% | +0.21 |
| HYEM Vaneck Emrg MKTS Hi YLD | New | 0.20% | +0.20 |
| PHYL Pgim Active High Yield Bond | Add +63.7% | 0.45% | +0.19 |
| LONZ PIMCO Senior Loan Active ETF | Add +327.9% | 0.23% | +0.18 |
| SHYD Vaneck SH Hi YLD Muni | Add +296.6% | 0.20% | +0.15 |
| TPYP Managed Portfolio Series | New | 0.14% | +0.14 |
| BBHY JPMorgan Betabuilders Usd Hi | Add +179.7% | 0.21% | +0.14 |
| FLMI Franklin Dynamic Municipal B | Add +123.4% | 0.23% | +0.13 |
| JMHI JPMorgan High Yield Municpl | Add +608.5% | 0.15% | +0.13 |
| HYDB iShares High Yield Systemati | Add +37.4% | 0.40% | +0.12 |
| XLF SS Financial Select Sector | Add +8.8% | 0.81% | +0.12 |
| RSPG Invesco S&P 500 Equal Weight | New | 0.10% | +0.10 |
| DIA SS SPDR Dow Jones Indus Avg | Add +11.5% | 0.71% | +0.09 |
| VGK Vanguard Ftse Europe ETF | New | 0.08% | +0.08 |
| PFRL Pgim Floating Rate Income Et | New | 0.07% | +0.07 |
| FLRT Pacer Aristotle Pacific Floa | Add +269.9% | 0.08% | +0.06 |
| ITA iShares U.S. Aerospace & Def | Add +13.9% | 0.27% | +0.05 |
| XLP SS Consumer Staples Sel Sect | Add +18.8% | 0.22% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +20.0% | 0.21% | +0.05 |
| MBB iShares MBS ETF | New | 0.04% | +0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.04% | +0.04 |
| CMBS iShares CMBS ETF | Add +35.9% | 0.11% | +0.03 |
| DISV Dimensional International SM | New | 0.03% | +0.03 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.02% | +0.02 |
| EMB iShares JP Morgan Usd Emergi | Add +64.6% | 0.04% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | Add +42.9% | 0.05% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +84.4% | 0.02% | +0.01 |
| DVY iShares Select Dividend ETF | Add +42.9% | 0.02% | +0.01 |
| SCZ iShares MSCI Eafe Small-Cap | New | 0.01% | +0.01 |
| VIGI Vanguard Int Div App Indx FD | New | 0.01% | +0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +42.9% | 0.02% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 81 | $2.1B | USHY, SPYM, JNK, HYG, SPHY |
| Q1 2026Amended | 56 | $1.7B | USHY, HYG, JNK, SPYM, BKLN |
| Q4 2025 | 85 | $2.1B | USHY, HYG, JNK, SPYM, BND |
| Q3 2025 | 94 | $2.4B | USHY, HYG, JNK, SPYM, BND |
| Q2 2025 | 77 | $2.8B | JNK, USHY, SPHY, SRLN, HYG |
| Q1 2025 | 77 | $2.8B | JNK, USHY, SPHY, SRLN, HYG |
| Q4 2024 | 82 | $2.9B | JNK, BKLN, USHY, SRLN, HYG |
| Q3 2024 | 77 | $2.3B | JNK, TLT, USHY, HYG, SPHY |
| Q2 2024 | 76 | $2.1B | JNK, HYG, USHY, SJNK, TLT |
| Q1 2024 | 69 | $2.1B | JNK, USHY, HYG, SJNK, VEA |