Shaker Financial Services, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Shaker Financial Services, LLC reported 148 stock positions worth $319.2 million. Its top holding was Gabelli Equity Trust (GAB) at 3.7% of the portfolio, followed by Royce Small-Cap Trust (RVT, 3.5%) and Liberty All Star Equity Fund (USA, 3.0%). Compared with Q1 2026, it opened 25 new positions, sold out of 22, added to 52 and reduced 70. The biggest buy was a new position in Gabelli Equity Trust (GAB) and the biggest sale Calamos Strat TTL RTRN FND (CSQ, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- Arlington, VA
- CIK
- 0001511794
- Portfolio Value
- $319.2M (Q2 2026)
- SEC Filing
- 0001172661-26-002630 ↗ filed Jul 15, 2026
Holdings Value
Holdings 148 stocks · $319.2M
| GAB Gabelli Equity Trust | 3.68% | 2,073,169 | $11.7M | New |
| RVT Royce Small-Cap Trust Inc. | 3.50% | 605,745 | $11.2M | Add +337.3% |
| USA Liberty All Star Equity Fund | 3.00% | 1,646,776 | $9.6M | Add +73.6% |
| SPE Special Opportunities Fund | 2.81% | 664,992 | $9.0M | Add +78.7% |
| JCE Nuveen Core Equity Alpha | 2.73% | 519,128 | $8.7M | Reduce -15.7% |
| ASG Liberty All-Star Growth FD | 2.62% | 1,527,646 | $8.4M | Reduce -16.7% |
| FFA First Trust Enhan Eqty Inc. | 2.30% | 328,741 | $7.4M | Reduce -1.8% |
| XSORX Source Capital Inc. | 2.22% | 153,966 | $7.1M | Add +409.7% |
| ETB Eaton Vance T/M Buy-WRT Inc. | 2.13% | 437,829 | $6.8M | Reduce -6.6% |
| EOI Eaton Vance Enhanced Eq Incm | 1.91% | 309,881 | $6.1M | New |
| EEA The European Equity Fund Inc. | 1.72% | 500,778 | $5.5M | Reduce -1.5% |
| STEW SRH Total Return Fund Inc. | 1.67% | 298,716 | $5.3M | Add +4.3% |
| EOS Eaton Vance Enh Eqt Inc. II | 1.65% | 238,696 | $5.3M | Reduce -13.4% |
| XSCDX LMP Capital and Income Fund | 1.63% | 333,414 | $5.2M | New |
| GAM General American Investors | 1.62% | 81,300 | $5.2M | Add +1115.8% |
| XSSPX Nuveen S&P 500 Dynam Overwr | 1.56% | 257,328 | $5.0M | Reduce -36.8% |
| SABA Saba Capital Income & Opp II | 1.54% | 590,213 | $4.9M | Add +1.7% |
| XGDVX Gabelli Dividend & Income TR | 1.51% | 164,020 | $4.8M | Add +204.5% |
| TWN Taiwan Fund Inc./TH/MD-US Inc. | 1.34% | 44,603 | $4.3M | Reduce -0.8% |
| RMT Royce Micro-Cap Trust Inc. | 1.32% | 287,837 | $4.2M | Reduce -27.4% |
| GHY Pgim Global High Yield Fund | 1.27% | 335,881 | $4.1M | Reduce -5.4% |
| DSL Doubleline Income Solutions | 1.23% | 355,669 | $3.9M | Reduce -7.4% |
| HGLB Highland Global Allocation | 1.23% | 520,207 | $3.9M | Add +173.0% |
| XEADX Allspring Income Opport | 1.22% | 595,858 | $3.9M | Add +5.0% |
| BLW BlackRock Ltd. Durat Inc. TR | 1.18% | 301,450 | $3.8M | Add +167.3% |
| BWG Brandywineglobal Global Inco | 1.18% | 473,763 | $3.8M | Add +19.6% |
| VEA Vanguard Ftse Developed ETF | 1.17% | 52,403 | $3.7M | New |
| CHW Calamos Global Dynamic Incom | 1.15% | 412,262 | $3.7M | Reduce -11.1% |
| HYI Western Asset High Yield Opp | 1.10% | 329,087 | $3.5M | Add +20.3% |
| XPGPX PIMCO GLBL Stockspl & Inc. | 1.06% | 388,461 | $3.4M | Add +69.8% |
| CSQ Calamos Strat TTL RTRN FND | 1.05% | 163,703 | $3.4M | Reduce -73.3% |
| PFN PIMCO Income Strategy FD II | 1.05% | 464,551 | $3.3M | Add +23.7% |
| ERC Allspring Multi-Sector Inc. | 1.03% | 354,984 | $3.3M | Reduce -3.5% |
| MMT Aberdeen Multimarket Income | 1.03% | 746,733 | $3.3M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.01% | 4,290 | $3.2M | Reduce -8.9% |
| MSD Morgan Stanley Emrg MKT Debt | 1.00% | 428,074 | $3.2M | Add +41.0% |
| EHI Western Asset Global High Inc. | 0.99% | 527,904 | $3.1M | Add +34.1% |
| DBL Doubleline Opport Credit | 0.95% | 210,544 | $3.0M | Add +1329.2% |
| XAWFX Alliancebernstein GL Hi Inc. | 0.93% | 286,994 | $3.0M | Add +41.3% |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | 0.89% | 308,151 | $2.9M | Add +23.3% |
| ETO Eaton Vance T/A GLBL DVD Opp | 0.89% | 92,148 | $2.8M | Reduce -39.0% |
| BGH Barings GLBL SHRT Dur Hi YLD | 0.84% | 188,748 | $2.7M | Reduce -14.7% |
| VOO Vanguard S&P 500 ETF | 0.82% | 3,808 | $2.6M | Add +87.9% |
| RGT Royce Global Trust Inc. | 0.81% | 182,508 | $2.6M | Reduce -6.9% |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.78% | 259,227 | $2.5M | Add +31.4% |
| CGO Calamos Global Total Return | 0.76% | 177,106 | $2.4M | Reduce -18.3% |
| CPZ Calamos LNG/SHRT Eqty & DYN | 0.75% | 184,023 | $2.4M | Add +48.5% |
| MCN Xai Madison Equity Premium I | 0.74% | 425,590 | $2.4M | Reduce -25.8% |
| PFL PIMCO Income Strategy Fund | 0.74% | 295,080 | $2.3M | Add +582.6% |
| HIO Western Asset Hi Inc. Opport | 0.73% | 642,498 | $2.3M | Add +25.3% |
| SWZ Total Return Securities Fund | 0.73% | 393,170 | $2.3M | Add +21.9% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.72% | 158,702 | $2.3M | Reduce -56.9% |
| ACP Abrdn Income Credit Strat | 0.72% | 441,267 | $2.3M | Add +35.2% |
| BDJ BlackRock Enhanced Eqty DVD | 0.72% | 238,938 | $2.3M | Add +13.5% |
| DLY Doubleline Yield Opport | 0.70% | 157,923 | $2.2M | Reduce -18.9% |
| XEVVX Eaton Vance Ltd. Durat Inc. | 0.68% | 232,722 | $2.2M | Reduce -19.6% |
| CIK UBS Asset Management Income filed as CREDIT SUISSE ASSET MGMT | 0.67% | 867,755 | $2.2M | Add +204.3% |
| XCHYX Calamos Convert & High Inc. | 0.67% | 157,254 | $2.1M | Add +90.3% |
| ISD Pgim High Yield Bond Fund | 0.66% | 160,858 | $2.1M | Add +744.7% |
| ETG Eaton Vance T/A GL DVD Incm | 0.66% | 89,127 | $2.1M | Reduce -77.6% |
| IGA Voya Global Advan & Prem Opp | 0.65% | 208,936 | $2.1M | Add +15.7% |
| TEI Templeton Emrg MKTS Inc. | 0.63% | 300,664 | $2.0M | Add +99.3% |
| PSF Cohen & Steers Select Prefer | 0.62% | 98,818 | $2.0M | Add +27.0% |
| TDF Templeton Dragon Fund Inc. | 0.62% | 181,701 | $2.0M | Add +2.0% |
| KIO KKR Income Opportunities | 0.62% | 175,575 | $2.0M | Reduce -44.4% |
| XBOEX BlackRock Enh GLBL DVD TR | 0.60% | 157,824 | $1.9M | Reduce -27.8% |
| PTA Cohen & Steers Tax-Advantage | 0.59% | 97,919 | $1.9M | Reduce -33.0% |
| JHI John Hancock Investors TR | 0.55% | 131,272 | $1.7M | Add +8.0% |
| ETJ Eaton Vance RSK-MGD Divers | 0.54% | 206,902 | $1.7M | Reduce -16.4% |
| VGI Virtus Global Multi-Sector | 0.50% | 214,646 | $1.6M | Add +7.6% |
| FTF Franklin Ltd. Dur Inc. TR | 0.49% | 271,335 | $1.6M | Reduce -40.9% |
| AEF Abrdn Emerging Markets Ex CH | 0.49% | 163,459 | $1.6M | Add +3.8% |
| HIX Western Asset High Inc. II | 0.49% | 392,761 | $1.6M | Add +30.8% |
| CET Central Securities Corp. | 0.44% | 26,884 | $1.4M | Add +7.0% |
| QQQX Nuveen Nasdaq 100 DYN Overwr | 0.43% | 45,069 | $1.4M | New |
| THQ Abrdn Healthcare Opport | 0.41% | 70,493 | $1.3M | Add +116.2% |
| KF Korea Fund Inc. | 0.41% | 17,500 | $1.3M | No change |
| ARDC Ares Dynamic Credit All | 0.41% | 103,541 | $1.3M | Reduce -68.7% |
| GLO Clough Global Opportunities | 0.40% | 208,507 | $1.3M | Add +169.9% |
| FUND Sprott Focus Trust Inc. | 0.38% | 126,728 | $1.2M | Reduce -37.6% |
| XNROX Neu Re Est Sec Inc. FD Inc.-US | 0.36% | 381,877 | $1.2M | Reduce -2.0% |
| PDO PIMCO Dynamic Income Opport | 0.36% | 85,176 | $1.1M | Reduce -33.7% |
| JOF Japan Smaller Capitalization | 0.34% | 93,079 | $1.1M | Add +3.3% |
| CCD Calamos DYN Convert & Inc. | 0.32% | 39,424 | $1.0M | New |
| BIT BlackRock Multi-Sector Inc. | 0.32% | 80,816 | $1.0M | Reduce -41.2% |
| PSUS Pershing Square USA Ltd. | 0.31% | 26,880 | $1.0M | New |
| PHK PIMCO High Income Fund | 0.30% | 200,104 | $945K | Reduce -15.9% |
| MXE Mexico Equity and Income FD | 0.29% | 69,997 | $910K | Reduce -7.3% |
| SDHY Pgim SHRT Durat Hi YLD | 0.28% | 54,881 | $900K | Add +18.6% |
| BTO John Hancock Financial Opp filed as HANCOCK JOHN FINL OPPTYS | 0.28% | 22,755 | $897K | New |
| XCAFX Morgan Stanley China A Share | 0.28% | 42,030 | $884K | New |
| XEXGX Eaton Vance Tax-Managed Glob | 0.27% | 87,594 | $859K | Reduce -57.9% |
| STK Columbia Slgmn Prem Tech GR | 0.27% | 15,785 | $850K | Reduce -84.4% |
| XBGYX BlackRock Enh Intl DVD TR | 0.26% | 144,643 | $830K | Add +23.3% |
| LDP Cohen & Steers Limited Durat | 0.24% | 36,611 | $775K | Reduce -60.6% |
| JGH Nuveen Global High Income | 0.24% | 59,775 | $763K | Reduce -71.3% |
| RQI Cohen & Steers Qual Inc. RLTY | 0.24% | 61,196 | $753K | New |
| GDO Western Ast GLB Corp. Opprnty | 0.23% | 69,235 | $743K | Reduce -42.3% |
| PIM Franklin Master Interm IT-Ui filed as PUTNAM MASTER INTER INCOME T | 0.22% | 219,756 | $710K | New |
| XEVGX Eaton Vance Short Dur Div Inc. | 0.22% | 63,944 | $689K | Reduce -48.6% |
Portfolio Sells Q1 2026 → Q2 2026
| CSQ Calamos Strat TTL RTRN FND | Reduce -73.3% | 1.05% | −2.60 |
| ETG Eaton Vance T/A GL DVD Incm | Reduce -77.6% | 0.66% | −2.13 |
| XAODX Abrdn Total Dynamic Dividend | Sold out | 0.00% | −1.44 |
| XMCRX MFS Charter Income Trust | Sold out | 0.00% | −1.13 |
| STK Columbia Slgmn Prem Tech GR | Reduce -84.4% | 0.27% | −1.07 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Reduce -56.9% | 0.72% | −1.05 |
| TY Tri-Continental Corp. | Sold out | 0.00% | −1.03 |
| ARDC Ares Dynamic Credit All | Reduce -68.7% | 0.41% | −0.99 |
| AIO Virtus Artific Intel & Tech | Sold out | 0.00% | −0.83 |
| XSSPX Nuveen S&P 500 Dynam Overwr | Reduce -36.8% | 1.56% | −0.72 |
| NPCT Nuveen Core Plus Impact | Sold out | 0.00% | −0.72 |
| JGH Nuveen Global High Income | Reduce -71.3% | 0.24% | −0.66 |
| WDI Western Asset Divers Inc. | Reduce -87.1% | 0.08% | −0.63 |
| NFJ Virtus DVD Intrst & PRM STR | Reduce -90.4% | 0.07% | −0.62 |
| UTF Cohen & Steers Infrastructur | Sold out | 0.00% | −0.59 |
| KIO KKR Income Opportunities | Reduce -44.4% | 0.62% | −0.59 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Sold out | 0.00% | −0.53 |
| JCE Nuveen Core Equity Alpha | Reduce -15.7% | 2.73% | −0.52 |
| ETO Eaton Vance T/A GLBL DVD Opp | Reduce -39.0% | 0.89% | −0.51 |
| FTF Franklin Ltd. Dur Inc. TR | Reduce -40.9% | 0.49% | −0.44 |
| MCN Xai Madison Equity Premium I | Reduce -25.8% | 0.74% | −0.44 |
| ASG Liberty All-Star Growth FD | Reduce -16.7% | 2.62% | −0.42 |
| LDP Cohen & Steers Limited Durat | Reduce -60.6% | 0.24% | −0.40 |
| PDT John Hancock Prem DVD FND | Reduce -68.1% | 0.16% | −0.40 |
| NBXG Neuberger Next Generation Co. | Sold out | 0.00% | −0.39 |
| GF The New Germany Fund Inc. | Reduce -89.6% | 0.04% | −0.38 |
| PTA Cohen & Steers Tax-Advantage | Reduce -33.0% | 0.59% | −0.37 |
| XEXGX Eaton Vance Tax-Managed Glob | Reduce -57.9% | 0.27% | −0.36 |
| HQL Abrdn Life Sciences Investor | Reduce -85.1% | 0.07% | −0.35 |
| ECAT BlackRock ESG Cap All TRM TR | Sold out | 0.00% | −0.32 |
| BTX BlackRock Tech & Priv Eqty | Sold out | 0.00% | −0.32 |
| EOS Eaton Vance Enh Eqt Inc. II | Reduce -13.4% | 1.65% | −0.32 |
| FUND Sprott Focus Trust Inc. | Reduce -37.6% | 0.38% | −0.30 |
| BIT BlackRock Multi-Sector Inc. | Reduce -41.2% | 0.32% | −0.28 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Reduce -19.6% | 0.68% | −0.27 |
| FPF First TR Interm Dur & Inc. | Reduce -61.5% | 0.15% | −0.27 |
| XNIEX Virtus Equity & Convertible | Reduce -70.4% | 0.11% | −0.26 |
| DLY Doubleline Yield Opport | Reduce -18.9% | 0.70% | −0.25 |
| XEVGX Eaton Vance Short Dur Div Inc. | Reduce -48.6% | 0.22% | −0.25 |
| RMT Royce Micro-Cap Trust Inc. | Reduce -27.4% | 1.32% | −0.24 |
| XBOEX BlackRock Enh GLBL DVD TR | Reduce -27.8% | 0.60% | −0.24 |
| RIV Rivernorth Opportunities | Sold out | 0.00% | −0.24 |
| BMEZ BlackRock HLTH Sci TRM TR II | Sold out | 0.00% | −0.23 |
| BTZ BlackRock Credit Allocation | Reduce -82.7% | 0.04% | −0.23 |
| ETB Eaton Vance T/M Buy-WRT Inc. | Reduce -6.6% | 2.13% | −0.22 |
| PDO PIMCO Dynamic Income Opport | Reduce -33.7% | 0.36% | −0.22 |
| BGH Barings GLBL SHRT Dur Hi YLD | Reduce -14.7% | 0.84% | −0.22 |
| XLGIX Lazard GLBL TTL RTRN & Inc. | Sold out | 0.00% | −0.22 |
| GDO Western Ast GLB Corp. Opprnty | Reduce -42.3% | 0.23% | −0.22 |
| DSL Doubleline Income Solutions | Reduce -7.4% | 1.23% | −0.22 |
Portfolio Buys Q1 2026 → Q2 2026
| GAB Gabelli Equity Trust | New | 3.68% | +3.68 |
| RVT Royce Small-Cap Trust Inc. | Add +337.3% | 3.50% | +2.70 |
| EOI Eaton Vance Enhanced Eq Incm | New | 1.91% | +1.91 |
| XSORX Source Capital Inc. | Add +409.7% | 2.22% | +1.73 |
| XSCDX LMP Capital and Income Fund | New | 1.63% | +1.63 |
| GAM General American Investors | Add +1115.8% | 1.62% | +1.49 |
| VEA Vanguard Ftse Developed ETF | New | 1.17% | +1.17 |
| USA Liberty All Star Equity Fund | Add +73.6% | 3.00% | +1.16 |
| MMT Aberdeen Multimarket Income | New | 1.03% | +1.03 |
| SPE Special Opportunities Fund | Add +78.7% | 2.81% | +1.02 |
| XGDVX Gabelli Dividend & Income TR | Add +204.5% | 1.51% | +1.00 |
| DBL Doubleline Opport Credit | Add +1329.2% | 0.95% | +0.87 |
| HGLB Highland Global Allocation | Add +173.0% | 1.23% | +0.69 |
| BLW BlackRock Ltd. Durat Inc. TR | Add +167.3% | 1.18% | +0.68 |
| PFL PIMCO Income Strategy Fund | Add +582.6% | 0.74% | +0.61 |
| ISD Pgim High Yield Bond Fund | Add +744.7% | 0.66% | +0.57 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | New | 0.43% | +0.43 |
| CIK UBS Asset Management Income | Add +204.3% | 0.67% | +0.42 |
| VOO Vanguard S&P 500 ETF | Add +87.9% | 0.82% | +0.40 |
| XPGPX PIMCO GLBL Stockspl & Inc. | Add +69.8% | 1.06% | +0.39 |
| XCHYX Calamos Convert & High Inc. | Add +90.3% | 0.67% | +0.36 |
| TEI Templeton Emrg MKTS Inc. | Add +99.3% | 0.63% | +0.32 |
| CCD Calamos DYN Convert & Inc. | New | 0.32% | +0.32 |
| PSUS Pershing Square USA Ltd. | New | 0.31% | +0.31 |
| BTO John Hancock Financial Opp | New | 0.28% | +0.28 |
| XCAFX Morgan Stanley China A Share | New | 0.28% | +0.28 |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | Add +23.3% | 0.89% | +0.25 |
| GLO Clough Global Opportunities | Add +169.9% | 0.40% | +0.25 |
| MSD Morgan Stanley Emrg MKT Debt | Add +41.0% | 1.00% | +0.24 |
| RQI Cohen & Steers Qual Inc. RLTY | New | 0.24% | +0.24 |
| THQ Abrdn Healthcare Opport | Add +116.2% | 0.41% | +0.22 |
| PIM Franklin Master Interm IT-Ui | New | 0.22% | +0.22 |
| JPC Nuveen Prefered & Income Opp | New | 0.22% | +0.22 |
| PPT Franklin Premir Inc. Trust-Ui | New | 0.21% | +0.21 |
| XAWFX Alliancebernstein GL Hi Inc. | Add +41.3% | 0.93% | +0.21 |
| PCN PIMCO Corporate & Income STR | New | 0.19% | +0.19 |
| ETW Eaton Vance T/M GLBL Buy-WR | Add +31.4% | 0.78% | +0.18 |
| GCV Gabelli Convert & Inc. Sec | New | 0.18% | +0.18 |
| EHI Western Asset Global High Inc. | Add +34.1% | 0.99% | +0.18 |
| ERH Allspring Utilities and High | New | 0.17% | +0.17 |
| CPZ Calamos LNG/SHRT Eqty & DYN | Add +48.5% | 0.75% | +0.17 |
| BRW Saba Capital Income & Opport | New | 0.16% | +0.16 |
| PFN PIMCO Income Strategy FD II | Add +23.7% | 1.05% | +0.14 |
| HYT BlackRock Corp. Hi YLD | New | 0.14% | +0.14 |
| ACP Abrdn Income Credit Strat | Add +35.2% | 0.72% | +0.14 |
| DFP Flaherty & Crumrine DYN Pref | New | 0.13% | +0.13 |
| VWO Vanguard Ftse Emerging Marke | New | 0.13% | +0.13 |
| GLV Clough Global Dividend & Inc. | Add +166.6% | 0.21% | +0.13 |
| VVR Invesco Senior Income Trust | New | 0.13% | +0.13 |
| BWG Brandywineglobal Global Inco | Add +19.6% | 1.18% | +0.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 148 | $319.2M | GAB, RVT, USA, SPE, JCE |
| Q1 2026 | 145 | $286.9M | CSQ, JCE, ASG, ETG, FFA |
| Q4 2025 | 165 | $315.5M | JCE, RMT, ASG, ETB, USA |
| Q3 2025 | 148 | $291.6M | CSQ, RMT, JCE, USA, ETB |
| Q2 2025 | 147 | $275.8M | CET, RMT, RVT, JCE, ETB |
| Q1 2025 | 153 | $256.9M | CET, GAM, RMT, ETB, ASG |
| Q4 2024 | 176 | $261.0M | STEW, CET, RMT, ASG, CSQ |
| Q3 2024 | 157 | $265.3M | STEW, FUND, QQQX, ASG, CII |
| Q2 2024 | 157 | $247.3M | STEW, FUND, ASG, QQQX, XBXMX |
| Q1 2024 | 157 | $258.4M | STEW, FUND, ASG, XBXMX, CET |