PPM America Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), PPM America Inc. reported 5 stock positions worth $14.0 million. Its top holding was iShares Broad Usd High Yield (USHY) at 34.9% of the portfolio, followed by MPLX (MPLX, 33.4%) and Sangoma Technologies (SANG, 22.6%). Compared with Q4 2024, it opened 1 new position and sold out of 1. The biggest buy was a new position in iShares Broad Usd High Yield (USHY) and the biggest sale an exit from Ramaco Res (METC).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0000898417
Portfolio Value
$14.0M (Q1 2025)
SEC Filing
0000898417-25-000004 ↗ filed May 12, 2025

Holdings Value

0$5.0M$10.0M$15.0M$20.0M Q1 2024: $15.0M Q1 2024 Q2 2024: $11.3M Q2 2024 Q3 2024: $11.1M Q3 2024 Q4 2024: $10.7M Q4 2024 Q1 2025: $14.0M $14.0M Q1 2025 Q2 2025: $10.0M Q2 2025 Q3 2025: $18.6M Q3 2025 Q4 2025: $10.9M Q4 2025 Q1 2026: $16.6M Q1 2026 Q2 2026: $15.1M Q2 2026

Holdings 5 stocks · $14.0M
USHY iShares Broad Usd High Yield 34.89% 132,472 $4.9M New
MPLX MPLX LP 33.39% 87,200 $4.7M No change
SANG Sangoma Technologies Corp. 22.61% 688,523 $3.2M No change
CCO Clear Channel Outdoor Holdin 5.60% 705,613 $783K No change
IHRT Iheartmedia Inc. Class A 3.50% 296,607 $489K No change

Portfolio Sells Q4 2024 → Q1 2025
METC Ramaco Res Inc. Sold out 0.00% −1.02

Portfolio Buys Q4 2024 → Q1 2025
USHY iShares Broad Usd High Yield New 34.89% +34.89

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$15.1MBKLN, MPLX, SANG, CCO
Q1 2026 5$16.6MUSHY, MPLX, SANG, CCO, IHRT
Q4 2025 4$10.9MMPLX, SANG, CCO, IHRT
Q3 2025 6$18.6MUSHY, MPLX, SANG, CCO, IHRT
Q2 2025 4$10.0MMPLX, SANG, CCO, IHRT
Q1 2025 5$14.0MUSHY, MPLX, SANG, CCO, IHRT
Q4 2024 5$10.7MSANG, MPLX, CCO, IHRT, METC
Q3 2024 5$11.1MMPLX, SANG, NAPA, CCO, IHRT
Q2 2024 6$11.3MMPLX, SANG, NAPA, CCO, AMPY
Q1 2024 10$15.0MMPLX, SANG, NAPA, USHY, CCO