Shaker Financial Services, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 31, 2024), Shaker Financial Services, LLC reported 157 stock positions worth $265.3 million. Its top holding was SRH Total Return Fund (STEW) at 3.9% of the portfolio, followed by Sprott Focus Trust (FUND, 2.8%) and Nuveen Nasdaq 100 DYN Overwr (QQQX, 2.7%). Compared with Q2 2024, it opened 20 new positions, sold out of 20, added to 56 and reduced 73. The biggest buy was Calamos Global Dynamic Incom (CHW, shares +1198%) and the biggest sale an exit from General American Investors (GAM).
- Most Recent 13F
- Q2 2026
- Location
- Arlington, VA
- CIK
- 0001511794
- Portfolio Value
- $265.3M (Q3 2024)
- SEC Filing
- 0001172661-24-004432 ↗ filed Oct 31, 2024
Holdings Value
Holdings 157 stocks · $265.3M
| STEW SRH Total Return Fund Inc. | 3.90% | 655,209 | $10.4M | Add +3.0% |
| FUND Sprott Focus Trust Inc. | 2.83% | 974,603 | $7.5M | Reduce -2.1% |
| QQQX Nuveen Nasdaq 100 DYN Overwr | 2.73% | 284,148 | $7.2M | Add +21.4% |
| ASG Liberty All-Star Growth FD | 2.66% | 1,255,941 | $7.0M | Reduce -4.4% |
| CII BlackRock Enhan LRG Cap Core | 2.52% | 339,551 | $6.7M | Add +49.2% |
| CET Central Securities Corp. | 2.41% | 139,353 | $6.4M | Add +118.7% |
| CHW Calamos Global Dynamic Incom | 2.29% | 845,993 | $6.1M | Add +1197.7% |
| RMT Royce Micro-Cap Trust Inc. | 2.24% | 619,270 | $6.0M | Add +7.8% |
| CSQ Calamos Strat TTL RTRN FND | 2.20% | 336,742 | $5.8M | Add +135.2% |
| TY Tri-Continental Corp. | 2.01% | 161,057 | $5.3M | Add +69.7% |
| HGLB Highland Global Allocation | 1.95% | 657,548 | $5.2M | Add +7.0% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 1.92% | 206,646 | $5.1M | Add +16.0% |
| ETB Eaton Vance T/M Buy-WRT Inc. | 1.77% | 325,946 | $4.7M | Add +24.5% |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | 1.69% | 321,732 | $4.5M | Reduce -24.5% |
| XEADX Allspring Income Opport | 1.68% | 622,241 | $4.5M | Add +0.6% |
| ERC Allspring Multi-Sector Inc. | 1.68% | 462,891 | $4.5M | Reduce -6.1% |
| ADX Adams Diversified Equity | 1.68% | 206,202 | $4.4M | New |
| ETV Eaton Vance T/M Buy-Writ Opp | 1.57% | 301,302 | $4.2M | Reduce -18.5% |
| XSSPX Nuveen S&P 500 Dynam Overwr | 1.53% | 237,733 | $4.1M | Add +6.4% |
| SDHY Pgim SHRT Durat Hi YLD | 1.49% | 236,595 | $4.0M | Reduce -7.7% |
| ETG Eaton Vance T/A GL DVD Incm | 1.45% | 197,963 | $3.8M | Reduce -23.1% |
| USA Liberty All Star Equity Fund | 1.37% | 510,094 | $3.6M | Reduce -32.1% |
| GAB Gabelli Equity Trust | 1.35% | 652,653 | $3.6M | Add +413.3% |
| EEA The European Equity Fund Inc. | 1.34% | 379,304 | $3.6M | Add +1.0% |
| DIAX Nuveen Dow 30 Dynamic Overwr | 1.21% | 212,033 | $3.2M | Reduce -2.9% |
| XEXGX Eaton Vance Tax-Managed Glob | 1.17% | 356,589 | $3.1M | Reduce -10.6% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 1.16% | 210,520 | $3.1M | Add +10.6% |
| XMCRX MFS Charter Income Trust | 1.11% | 448,297 | $2.9M | Add +8.3% |
| ACP Abrdn Income Credit Strat | 1.11% | 444,149 | $2.9M | New |
| SWZ Total Return Securities Fund | 1.11% | 327,809 | $2.9M | Add +1.2% |
| VGI Virtus Global Multi-Sector | 1.06% | 347,269 | $2.8M | Reduce -16.1% |
| XSORX Source Capital Inc. | 1.01% | 60,101 | $2.7M | Add +1227.3% |
| FTF Franklin Ltd. Dur Inc. TR | 0.99% | 394,864 | $2.6M | Reduce -22.6% |
| ISD Pgim High Yield Bond Fund | 0.94% | 179,608 | $2.5M | Reduce -13.9% |
| GF The New Germany Fund Inc. | 0.91% | 270,180 | $2.4M | Reduce -3.7% |
| FFA First Trust Enhan Eqty Inc. | 0.90% | 117,985 | $2.4M | Reduce -26.1% |
| BWG Brandywineglobal Global Inco | 0.88% | 260,281 | $2.3M | Add +6.8% |
| GHY Pgim Global High Yield Fund | 0.87% | 179,919 | $2.3M | Reduce -7.0% |
| FPF First TR Interm Dur & Inc. | 0.86% | 116,642 | $2.3M | Add +22.6% |
| STK Columbia Slgmn Prem Tech GR | 0.85% | 67,232 | $2.3M | Add +123.6% |
| PDT John Hancock Prem DVD FND | 0.83% | 166,484 | $2.2M | Reduce -21.7% |
| DBL Doubleline Opport Credit | 0.81% | 136,515 | $2.2M | Reduce -5.3% |
| BTO John Hancock Financial Opp | 0.75% | 59,654 | $2.0M | Add +46.1% |
| HEQ John Hancock Divers Inc. Fund | 0.74% | 178,607 | $2.0M | Reduce -6.5% |
| JHI John Hancock Investors TR | 0.73% | 138,470 | $1.9M | Reduce -31.9% |
| BDJ BlackRock Enhanced Eqty DVD | 0.72% | 221,193 | $1.9M | Reduce -50.5% |
| RVT Royce Small-Cap Trust Inc. | 0.71% | 120,571 | $1.9M | Reduce -36.0% |
| HYI Western Asset High Yield Opp | 0.68% | 144,578 | $1.8M | Add +31.9% |
| EOD Allspring Global Dividend Op | 0.66% | 342,780 | $1.8M | Reduce -28.8% |
| PSF Cohen & Steers Select Prefer | 0.66% | 81,753 | $1.8M | Add +118.4% |
| BST BlackRock Science & Tech TR | 0.63% | 46,823 | $1.7M | Add +77.8% |
| JFR Nuveen Floating Rate Income | 0.59% | 177,054 | $1.6M | New |
| XGDVX Gabelli Dividend & Income TR | 0.54% | 58,652 | $1.4M | Add +241.0% |
| BCV Bancroft Fund Ltd. | 0.53% | 83,989 | $1.4M | Add +23.7% |
| LDP Cohen & Steers Limited Durat | 0.53% | 64,122 | $1.4M | Reduce -24.5% |
| MMT Aberdeen Multimarket Income | 0.53% | 286,096 | $1.4M | Add +13.2% |
| XPGPX PIMCO GLBL Stockspl & Inc. | 0.52% | 164,393 | $1.4M | Reduce -28.9% |
| TWN Taiwan Fund Inc./TH/MD-US Inc. | 0.51% | 30,981 | $1.4M | No change |
| XHNWX Pioneer Diversified High | 0.50% | 106,990 | $1.3M | Add +55.1% |
| FINS Angel Oak Financ Strat Inc. | 0.49% | 98,803 | $1.3M | Add +17.5% |
| EOS Eaton Vance Enh Eqt Inc. II | 0.49% | 60,090 | $1.3M | Add +26.2% |
| SABA Saba Capital Income & Opp II | 0.49% | 153,213 | $1.3M | New |
| XEMDX Western Asset Emrg MRKT DBT | 0.47% | 121,531 | $1.2M | Reduce -17.3% |
| GLO Clough Global Opportunities | 0.47% | 228,299 | $1.2M | Reduce -14.0% |
| EDD Morgan Stanley Emrg MRK Dom | 0.45% | 231,346 | $1.2M | Add +58.8% |
| HIX Western Asset High Inc. II | 0.45% | 262,159 | $1.2M | Add +992.3% |
| NPCT Nuveen Core Plus Impact | 0.45% | 99,133 | $1.2M | New |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | 0.44% | 170,474 | $1.2M | Reduce -1.1% |
| XPHTX Pioneer High Income Fund | 0.43% | 143,928 | $1.2M | Reduce -7.2% |
| JGH Nuveen Global High Income | 0.43% | 83,975 | $1.1M | Add +28.6% |
| ZTR Virtus Total Return Fund Inc. | 0.42% | 181,877 | $1.1M | Add +55.5% |
| BGB Blackstone Strategic Credit | 0.41% | 88,935 | $1.1M | New |
| ACV Virtus Divers Inc. & Convert | 0.41% | 50,876 | $1.1M | Add +137.6% |
| BGH Barings GLBL SHRT Dur Hi YLD | 0.41% | 70,940 | $1.1M | Reduce -9.6% |
| EHI Western Asset Global High Inc. | 0.40% | 153,175 | $1.1M | Add +239.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.40% | 1,829 | $1.1M | Reduce -55.7% |
| OPP Rivernrth/Doublelne STR Opp | 0.39% | 114,248 | $1.0M | Add +46.2% |
| NMAI Nuveen Multi-Asset Income | 0.38% | 76,571 | $1.0M | Add +133.4% |
| VLT Invesco High Income Trust II | 0.38% | 87,155 | $1.0M | Reduce -33.1% |
| ECF Ellsworth Growth and Income | 0.38% | 111,265 | $1.0M | Add +0.2% |
| PPT Franklin Premir Inc. Trust-Ui | 0.37% | 262,306 | $985K | Reduce -17.3% |
| INSIGHT SELECT INCOME FUND | 0.37% | 55,091 | $972K | Reduce -3.9% |
| DFP Flaherty & Crumrine DYN Pref | 0.36% | 44,315 | $953K | Reduce -43.9% |
| XEVVX Eaton Vance Ltd. Durat Inc. | 0.36% | 90,252 | $949K | Reduce -67.8% |
| XPHDX Pioneer Floating Rate Fund | 0.35% | 94,788 | $938K | Reduce -2.1% |
| XBGYX BlackRock Enh Intl DVD TR | 0.34% | 156,083 | $905K | Reduce -4.7% |
| SPE Special Opportunities Fund | 0.33% | 63,636 | $885K | Add +8.0% |
| XAGDX Abrdn GLBL DYNM Divid | 0.33% | 82,364 | $875K | Reduce -56.4% |
| RA Brookfield Real Assets Incom | 0.33% | 63,190 | $866K | Reduce -3.8% |
| TDF Templeton Dragon Fund Inc. | 0.33% | 94,495 | $866K | Reduce -5.5% |
| PAI Western Asset Investment Gra | 0.32% | 65,981 | $852K | Reduce -0.7% |
| TEI Templeton Emrg MKTS Inc. | 0.31% | 141,100 | $823K | Reduce -55.3% |
| CHINA FUND INC | 0.30% | 62,892 | $801K | Reduce -16.9% |
| AIO Virtus Artific Intel & Tech | 0.30% | 36,297 | $797K | New |
| GGZ Gabelli Global Small & M | 0.29% | 62,183 | $772K | Reduce -24.2% |
| MXE Mexico Equity and Income FD | 0.27% | 77,758 | $713K | Reduce -7.7% |
| BRW Saba Capital Income & Opport | 0.27% | 93,657 | $711K | Reduce -30.4% |
| EFT Eaton Vance Fltng RT Inc. TR | 0.27% | 54,752 | $705K | New |
| BIT BlackRock Multi-Sector Inc. | 0.26% | 44,841 | $682K | New |
| JHS John Hancock Income Sec TR | 0.25% | 57,330 | $666K | Add +33.0% |
Portfolio Sells Q2 2024 → Q3 2024
| GAM General American Investors | Sold out | 0.00% | −2.18 |
| JCE Nuveen Core Equity Alpha | Reduce -89.0% | 0.13% | −1.13 |
| ETW Eaton Vance T/M GLBL Buy-WR | Reduce -85.1% | 0.18% | −1.04 |
| BDJ BlackRock Enhanced Eqty DVD | Reduce -50.5% | 0.72% | −0.76 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Reduce -67.8% | 0.36% | −0.75 |
| USA Liberty All Star Equity Fund | Reduce -32.1% | 1.37% | −0.70 |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | Reduce -24.5% | 1.69% | −0.68 |
| XSCDX LMP Capital and Income Fund | Sold out | 0.00% | −0.58 |
| XTEAX Tortoise Sust&social Imp Ter | Sold out | 0.00% | −0.55 |
| XRSFX Rivernorth Capital & Income | Sold out | 0.00% | −0.54 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -55.7% | 0.40% | −0.51 |
| ETJ Eaton Vance RSK-MGD Divers | Reduce -65.9% | 0.25% | −0.50 |
| ETG Eaton Vance T/A GL DVD Incm | Reduce -23.1% | 1.45% | −0.49 |
| ETV Eaton Vance T/M Buy-Writ Opp | Reduce -18.5% | 1.57% | −0.48 |
| XAGDX Abrdn GLBL DYNM Divid | Reduce -56.4% | 0.33% | −0.42 |
| RVT Royce Small-Cap Trust Inc. | Reduce -36.0% | 0.71% | −0.39 |
| FFA First Trust Enhan Eqty Inc. | Reduce -26.1% | 0.90% | −0.38 |
| TEI Templeton Emrg MKTS Inc. | Reduce -55.3% | 0.31% | −0.37 |
| JHI John Hancock Investors TR | Reduce -31.9% | 0.73% | −0.36 |
| EOI Eaton Vance Enhanced Eq Incm | Reduce -57.4% | 0.24% | −0.34 |
| XIGDX Voya GLBL Eqty DVD & PRM Opp | Reduce -72.8% | 0.13% | −0.33 |
| FTF Franklin Ltd. Dur Inc. TR | Reduce -22.6% | 0.99% | −0.32 |
| EOD Allspring Global Dividend Op | Reduce -28.8% | 0.66% | −0.31 |
| BLW BlackRock Ltd. Durat Inc. TR | Sold out | 0.00% | −0.30 |
| XAWFX Alliancebernstein GL Hi Inc. | Sold out | 0.00% | −0.26 |
| DFP Flaherty & Crumrine DYN Pref | Reduce -43.9% | 0.36% | −0.25 |
| DHF BNYM High Yield Strategies | Sold out | 0.00% | −0.25 |
| BTX BlackRock Tech & Priv Eqty | Reduce -89.0% | 0.03% | −0.24 |
| XDCFX BNYM Alcentra GLBL CRDT 2024 | Sold out | 0.00% | −0.23 |
| FTHY First Trust Hi YLD Opp 2027 | Reduce -72.7% | 0.08% | −0.23 |
| BSL Blackstone SNR Fltng RT | Reduce -63.6% | 0.12% | −0.22 |
| HPI John Hancock Prefer Inc. | Sold out | 0.00% | −0.21 |
| VGI Virtus Global Multi-Sector | Reduce -16.1% | 1.06% | −0.21 |
| NCV Virtus Convertible & Income | Reduce -82.5% | 0.04% | −0.21 |
| XEXGX Eaton Vance Tax-Managed Glob | Reduce -10.6% | 1.17% | −0.19 |
| FUND Sprott Focus Trust Inc. | Reduce -2.1% | 2.83% | −0.19 |
| XPGPX PIMCO GLBL Stockspl & Inc. | Reduce -28.9% | 0.52% | −0.19 |
| PDT John Hancock Prem DVD FND | Reduce -21.7% | 0.83% | −0.18 |
| ASG Liberty All-Star Growth FD | Reduce -4.4% | 2.66% | −0.18 |
| VLT Invesco High Income Trust II | Reduce -33.1% | 0.38% | −0.18 |
| IGA Voya Global Advan & Prem Opp | Reduce -47.4% | 0.19% | −0.17 |
| LDP Cohen & Steers Limited Durat | Reduce -24.5% | 0.53% | −0.16 |
| GLV Clough Global Dividend & Inc. | Sold out | 0.00% | −0.15 |
| ISD Pgim High Yield Bond Fund | Reduce -13.9% | 0.94% | −0.14 |
| XJQCX Nuveen Credit Strategies Inc. | Reduce -46.1% | 0.15% | −0.14 |
| PIM Franklin Master Interm IT-Ui | Reduce -43.1% | 0.17% | −0.14 |
| GLU Gabelli GLBL Util & Inc. TR | Sold out | 0.00% | −0.13 |
| MGF Aberdeen Govrn MKTS Inc. Fund | Reduce -44.3% | 0.16% | −0.12 |
| FSD First Trust High Income Long | Sold out | 0.00% | −0.12 |
| DSU BlackRock Debt Strategies | Sold out | 0.00% | −0.12 |
Portfolio Buys Q2 2024 → Q3 2024
| CHW Calamos Global Dynamic Incom | Add +1197.7% | 2.29% | +2.11 |
| ADX Adams Diversified Equity | New | 1.68% | +1.68 |
| CET Central Securities Corp. | Add +118.7% | 2.41% | +1.27 |
| CSQ Calamos Strat TTL RTRN FND | Add +135.2% | 2.20% | +1.23 |
| ACP Abrdn Income Credit Strat | New | 1.11% | +1.11 |
| GAB Gabelli Equity Trust | Add +413.3% | 1.35% | +1.08 |
| XSORX Source Capital Inc. | Add +1227.3% | 1.01% | +0.93 |
| TY Tri-Continental Corp. | Add +69.7% | 2.01% | +0.82 |
| CII BlackRock Enhan LRG Cap Core | Add +49.2% | 2.52% | +0.68 |
| JFR Nuveen Floating Rate Income | New | 0.59% | +0.59 |
| SABA Saba Capital Income & Opp II | New | 0.49% | +0.49 |
| NPCT Nuveen Core Plus Impact | New | 0.45% | +0.45 |
| STK Columbia Slgmn Prem Tech GR | Add +123.6% | 0.85% | +0.44 |
| BGB Blackstone Strategic Credit | New | 0.41% | +0.41 |
| HIX Western Asset High Inc. II | Add +992.3% | 0.45% | +0.41 |
| XGDVX Gabelli Dividend & Income TR | Add +241.0% | 0.54% | +0.38 |
| PSF Cohen & Steers Select Prefer | Add +118.4% | 0.66% | +0.36 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Add +21.4% | 2.73% | +0.32 |
| AIO Virtus Artific Intel & Tech | New | 0.30% | +0.30 |
| BTO John Hancock Financial Opp | Add +46.1% | 0.75% | +0.28 |
| ETB Eaton Vance T/M Buy-WRT Inc. | Add +24.5% | 1.77% | +0.28 |
| EHI Western Asset Global High Inc. | Add +239.0% | 0.40% | +0.27 |
| EFT Eaton Vance Fltng RT Inc. TR | New | 0.27% | +0.27 |
| BIT BlackRock Multi-Sector Inc. | New | 0.26% | +0.26 |
| JRI Nuveen Real Asset Inc. & GRW | New | 0.25% | +0.25 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Add +16.0% | 1.92% | +0.25 |
| ACV Virtus Divers Inc. & Convert | Add +137.6% | 0.41% | +0.23 |
| BST BlackRock Science & Tech TR | Add +77.8% | 0.63% | +0.22 |
| NMAI Nuveen Multi-Asset Income | Add +133.4% | 0.38% | +0.21 |
| FAX Abrdn Asia-Pacific Income | New | 0.19% | +0.19 |
| AVK Advent Convert & Income | New | 0.18% | +0.18 |
| JPC Nuveen Prefered & Income Opp | New | 0.17% | +0.17 |
| EDD Morgan Stanley Emrg MRK Dom | Add +58.8% | 0.45% | +0.17 |
| XHNWX Pioneer Diversified High | Add +55.1% | 0.50% | +0.17 |
| ZTR Virtus Total Return Fund Inc. | Add +55.5% | 0.42% | +0.17 |
| HYI Western Asset High Yield Opp | Add +31.9% | 0.68% | +0.16 |
| STEW SRH Total Return Fund Inc. | Add +3.0% | 3.90% | +0.16 |
| FPF First TR Interm Dur & Inc. | Add +22.6% | 0.86% | +0.15 |
| XNIEX Virtus Equity & Convertible | New | 0.15% | +0.15 |
| NFJ Virtus DVD Intrst & PRM STR | New | 0.15% | +0.15 |
| RGT Royce Global Trust Inc. | Add +148.1% | 0.23% | +0.13 |
| NBXG Neuberger Next Generation Co. | New | 0.12% | +0.12 |
| OPP Rivernrth/Doublelne STR Opp | Add +46.2% | 0.39% | +0.12 |
| RMT Royce Micro-Cap Trust Inc. | Add +7.8% | 2.24% | +0.11 |
| ECAT BlackRock ESG Cap All TRM TR | New | 0.10% | +0.10 |
| BCV Bancroft Fund Ltd. | Add +23.7% | 0.53% | +0.10 |
| JGH Nuveen Global High Income | Add +28.6% | 0.43% | +0.09 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +10.6% | 1.16% | +0.08 |
| HGLB Highland Global Allocation | Add +7.0% | 1.95% | +0.08 |
| NCZ Virtus Convertible & Inc. FD | Add +50.1% | 0.22% | +0.07 |
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 |