Shaker Financial Services, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Shaker Financial Services, LLC reported 145 stock positions worth $286.9 million. Its top holding was Calamos Strat TTL RTRN FND (CSQ) at 3.7% of the portfolio, followed by Nuveen Core Equity Alpha (JCE, 3.2%) and Liberty All-Star Growth FD (ASG, 3.0%). Compared with Q4 2025, it opened 14 new positions, sold out of 34, added to 62 and reduced 67. The biggest buy was Eaton Vance T/A GL DVD Incm (ETG, shares +420%) and the biggest sale an exit from Nuveen Nasdaq 100 DYN Overwr (QQQX).
- Most Recent 13F
- Q2 2026
- Location
- Arlington, VA
- CIK
- 0001511794
- Portfolio Value
- $286.9M (Q1 2026)
- SEC Filing
- 0001172661-26-001718 ↗ filed May 12, 2026
Holdings Value
Holdings 145 stocks · $286.9M
| CSQ Calamos Strat TTL RTRN FND | 3.66% | 612,583 | $10.5M | Add +88.0% |
| JCE Nuveen Core Equity Alpha | 3.25% | 615,664 | $9.3M | Add +9.8% |
| ASG Liberty All-Star Growth FD | 3.04% | 1,833,807 | $8.7M | Add +18.5% |
| ETG Eaton Vance T/A GL DVD Incm | 2.79% | 398,083 | $8.0M | Add +420.4% |
| FFA First Trust Enhan Eqty Inc. | 2.38% | 334,855 | $6.8M | Add +16.9% |
| ETB Eaton Vance T/M Buy-WRT Inc. | 2.36% | 468,608 | $6.8M | Reduce -5.2% |
| XSSPX Nuveen S&P 500 Dynam Overwr | 2.28% | 407,322 | $6.5M | Add +298.6% |
| EOS Eaton Vance Enh Eqt Inc. II | 1.97% | 275,672 | $5.6M | Add +49.0% |
| USA Liberty All Star Equity Fund | 1.83% | 948,523 | $5.3M | Reduce -12.7% |
| SPE Special Opportunities Fund | 1.78% | 372,043 | $5.1M | Add +48.5% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 1.77% | 368,539 | $5.1M | Add +76.2% |
| EEA The European Equity Fund Inc. | 1.75% | 508,317 | $5.0M | Add +1.2% |
| STEW SRH Total Return Fund Inc. | 1.71% | 286,488 | $4.9M | Add +163.7% |
| SABA Saba Capital Income & Opp II | 1.68% | 580,372 | $4.8M | Add +32.2% |
| RMT Royce Micro-Cap Trust Inc. | 1.56% | 396,368 | $4.5M | Reduce -52.2% |
| DSL Doubleline Income Solutions | 1.45% | 383,952 | $4.2M | Reduce -2.8% |
| GHY Pgim Global High Yield Fund | 1.44% | 354,912 | $4.1M | Add +60.2% |
| XAODX Abrdn Total Dynamic Dividend | 1.44% | 447,870 | $4.1M | Add +379.3% |
| ARDC Ares Dynamic Credit All | 1.40% | 331,238 | $4.0M | Add +35.5% |
| ETO Eaton Vance T/A GLBL DVD Opp | 1.40% | 151,069 | $4.0M | Add +32.5% |
| STK Columbia Slgmn Prem Tech GR | 1.33% | 100,908 | $3.8M | Add +24.8% |
| XEADX Allspring Income Opport | 1.29% | 567,595 | $3.7M | Reduce -3.3% |
| KIO KKR Income Opportunities | 1.21% | 315,638 | $3.5M | Add +2.4% |
| MCN Xai Madison Equity Premium I | 1.18% | 573,686 | $3.4M | Reduce -16.1% |
| CHW Calamos Global Dynamic Incom | 1.17% | 463,606 | $3.4M | Reduce -32.3% |
| ERC Allspring Multi-Sector Inc. | 1.17% | 368,049 | $3.3M | Add +5.8% |
| XMCRX MFS Charter Income Trust | 1.13% | 533,655 | $3.2M | Add +33.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.07% | 4,709 | $3.1M | Reduce -39.5% |
| BGH Barings GLBL SHRT Dur Hi YLD | 1.06% | 221,258 | $3.0M | Add +554.8% |
| BWG Brandywineglobal Global Inco | 1.06% | 395,995 | $3.0M | Add +28.4% |
| TY Tri-Continental Corp. | 1.03% | 93,663 | $3.0M | Add +33.0% |
| TWN Taiwan Fund Inc./TH/MD-US Inc. | 1.03% | 44,981 | $3.0M | Add +14.4% |
| HYI Western Asset High Yield Opp | 1.02% | 273,559 | $2.9M | Add +18.3% |
| PTA Cohen & Steers Tax-Advantage | 0.95% | 146,189 | $2.7M | Reduce -0.9% |
| XEVVX Eaton Vance Ltd. Durat Inc. | 0.95% | 289,373 | $2.7M | Add +21.1% |
| DLY Doubleline Yield Opport | 0.94% | 194,632 | $2.7M | Add +4.8% |
| FTF Franklin Ltd. Dur Inc. TR | 0.93% | 458,892 | $2.7M | Reduce -7.3% |
| RGT Royce Global Trust Inc. | 0.91% | 196,031 | $2.6M | Add +1.5% |
| PFN PIMCO Income Strategy FD II | 0.91% | 375,630 | $2.6M | Add +255.0% |
| JGH Nuveen Global High Income | 0.90% | 208,561 | $2.6M | Reduce -9.9% |
| CGO Calamos Global Total Return | 0.84% | 216,894 | $2.4M | Add +18.4% |
| XBOEX BlackRock Enh GLBL DVD TR | 0.84% | 218,660 | $2.4M | Add +25.6% |
| AIO Virtus Artific Intel & Tech | 0.83% | 111,789 | $2.4M | Add +261.8% |
| EHI Western Asset Global High Inc. | 0.81% | 393,627 | $2.3M | Reduce -7.1% |
| RVT Royce Small-Cap Trust Inc. | 0.80% | 138,511 | $2.3M | Reduce -23.6% |
| MSD Morgan Stanley Emrg MKT Debt | 0.76% | 303,614 | $2.2M | Add +68.3% |
| NPCT Nuveen Core Plus Impact | 0.72% | 200,442 | $2.1M | Reduce -29.6% |
| XAWFX Alliancebernstein GL Hi Inc. | 0.72% | 203,148 | $2.1M | Reduce -5.2% |
| WDI Western Asset Divers Inc. | 0.71% | 151,466 | $2.0M | Add +13.7% |
| ETJ Eaton Vance RSK-MGD Divers | 0.70% | 247,420 | $2.0M | Reduce -40.3% |
| NFJ Virtus DVD Intrst & PRM STR | 0.69% | 156,527 | $2.0M | Reduce -29.4% |
| FUND Sprott Focus Trust Inc. | 0.68% | 203,208 | $1.9M | Reduce -56.4% |
| XPGPX PIMCO GLBL Stockspl & Inc. | 0.67% | 228,848 | $1.9M | Add +101.1% |
| SWZ Total Return Securities Fund | 0.67% | 322,395 | $1.9M | Add +136.7% |
| TDF Templeton Dragon Fund Inc. | 0.66% | 178,050 | $1.9M | Add +70.7% |
| HIO Western Asset Hi Inc. Opport | 0.65% | 512,974 | $1.9M | Reduce -16.4% |
| LDP Cohen & Steers Limited Durat | 0.65% | 92,937 | $1.9M | Reduce -1.0% |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | 0.64% | 249,953 | $1.8M | Add +25.6% |
| BDJ BlackRock Enhanced Eqty DVD | 0.63% | 210,535 | $1.8M | Add +116.9% |
| XEXGX Eaton Vance Tax-Managed Glob | 0.63% | 207,960 | $1.8M | Reduce -21.6% |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.60% | 197,220 | $1.7M | Reduce -16.9% |
| IGA Voya Global Advan & Prem Opp | 0.60% | 180,588 | $1.7M | Add +26.7% |
| BIT BlackRock Multi-Sector Inc. | 0.60% | 137,454 | $1.7M | Reduce -17.7% |
| UTF Cohen & Steers Infrastructur | 0.59% | 65,899 | $1.7M | New |
| CPZ Calamos LNG/SHRT Eqty & DYN | 0.59% | 123,958 | $1.7M | Reduce -1.4% |
| ACP Abrdn Income Credit Strat | 0.58% | 326,311 | $1.7M | Reduce -45.1% |
| PDO PIMCO Dynamic Income Opport | 0.58% | 128,530 | $1.7M | New |
| PDT John Hancock Prem DVD FND | 0.56% | 123,351 | $1.6M | Add +8.0% |
| JHI John Hancock Investors TR | 0.55% | 121,578 | $1.6M | Reduce -11.3% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.53% | 62,331 | $1.5M | Reduce -63.6% |
| HGLB Highland Global Allocation | 0.53% | 190,557 | $1.5M | Add +410.8% |
| PSF Cohen & Steers Select Prefer | 0.53% | 77,794 | $1.5M | Add +7.8% |
| VGI Virtus Global Multi-Sector | 0.51% | 199,567 | $1.5M | Reduce -32.0% |
| XGDVX Gabelli Dividend & Income TR | 0.51% | 53,861 | $1.5M | Reduce -27.0% |
| BLW BlackRock Ltd. Durat Inc. TR | 0.49% | 112,763 | $1.4M | New |
| XSORX Source Capital Inc. | 0.49% | 30,205 | $1.4M | Add +56.3% |
| XEVGX Eaton Vance Short Dur Div Inc. | 0.46% | 124,313 | $1.3M | Add +4.7% |
| GDO Western Ast GLB Corp. Opprnty | 0.45% | 120,043 | $1.3M | Add +26.4% |
| CET Central Securities Corp. | 0.43% | 25,119 | $1.2M | Reduce -76.7% |
| VOO Vanguard S&P 500 ETF | 0.42% | 2,027 | $1.2M | New |
| HQL Abrdn Life Sciences Investor | 0.42% | 74,217 | $1.2M | Reduce -35.7% |
| GF The New Germany Fund Inc. | 0.42% | 117,723 | $1.2M | Reduce -2.7% |
| FPF First TR Interm Dur & Inc. | 0.42% | 68,010 | $1.2M | Reduce -34.8% |
| HIX Western Asset High Inc. II | 0.42% | 300,395 | $1.2M | Reduce -25.6% |
| AEF Abrdn Emerging Markets Ex CH | 0.40% | 157,459 | $1.1M | Add +66.9% |
| NBXG Neuberger Next Generation Co. | 0.39% | 86,744 | $1.1M | Add +133.9% |
| XNROX Neu Re Est Sec Inc. FD Inc.-US | 0.39% | 389,610 | $1.1M | Add +227.2% |
| PHK PIMCO High Income Fund | 0.38% | 238,025 | $1.1M | New |
| XNIEX Virtus Equity & Convertible | 0.37% | 45,359 | $1.1M | Reduce -32.8% |
| JOF Japan Smaller Capitalization | 0.34% | 90,079 | $982K | Reduce -3.8% |
| MXE Mexico Equity and Income FD | 0.34% | 75,513 | $974K | No change |
| ECAT BlackRock ESG Cap All TRM TR | 0.32% | 68,329 | $928K | Add +250.4% |
| OPP Rivernrth/Doublelne STR Opp | 0.32% | 119,711 | $918K | Add +8.6% |
| BTX BlackRock Tech & Priv Eqty | 0.32% | 138,908 | $917K | Reduce -28.5% |
| TEI Templeton Emrg MKTS Inc. | 0.32% | 150,874 | $907K | Reduce -16.0% |
| XCHYX Calamos Convert & High Inc. | 0.31% | 82,616 | $900K | New |
| MIN Aberdeen Intermediate Inc. FD | 0.31% | 356,834 | $896K | Add +166.1% |
| KF Korea Fund Inc. | 0.27% | 17,500 | $786K | Add +133.3% |
| BTZ BlackRock Credit Allocation | 0.27% | 76,139 | $769K | Add +42.1% |
| SDHY Pgim SHRT Durat Hi YLD | 0.26% | 46,295 | $742K | Reduce -73.1% |
Portfolio Sells Q4 2025 → Q1 2026
| QQQX Nuveen Nasdaq 100 DYN Overwr | Sold out | 0.00% | −1.84 |
| CET Central Securities Corp. | Reduce -76.7% | 0.43% | −1.30 |
| ADX Adams Diversified Equity | Sold out | 0.00% | −1.22 |
| RMT Royce Micro-Cap Trust Inc. | Reduce -52.2% | 1.56% | −1.18 |
| DIAX Nuveen Dow 30 Dynamic Overwr | Sold out | 0.00% | −0.96 |
| ETV Eaton Vance T/M Buy-Writ Opp | Reduce -90.5% | 0.10% | −0.92 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Reduce -63.6% | 0.53% | −0.83 |
| HTD John Hancock Tax Adv DVD Inc. | Sold out | 0.00% | −0.77 |
| SDHY Pgim SHRT Durat Hi YLD | Reduce -73.1% | 0.26% | −0.64 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -39.5% | 1.07% | −0.62 |
| FUND Sprott Focus Trust Inc. | Reduce -56.4% | 0.68% | −0.61 |
| XEMDX Western Asset Emrg MRKT DBT | Sold out | 0.00% | −0.56 |
| FTHY First Trust Hi YLD Opp 2027 | Reduce -89.9% | 0.07% | −0.55 |
| BGB Blackstone Strategic Credit | Sold out | 0.00% | −0.51 |
| FAX Abrdn Asia-Pacific Income | Sold out | 0.00% | −0.49 |
| RA Brookfield Real Assets Incom | Reduce -78.5% | 0.15% | −0.48 |
| ACP Abrdn Income Credit Strat | Reduce -45.1% | 0.58% | −0.45 |
| ETJ Eaton Vance RSK-MGD Divers | Reduce -40.3% | 0.70% | −0.45 |
| CHW Calamos Global Dynamic Incom | Reduce -32.3% | 1.17% | −0.45 |
| NMAI Nuveen Multi-Asset Income | Reduce -72.1% | 0.18% | −0.44 |
| GAM General American Investors | Reduce -77.1% | 0.14% | −0.41 |
| BRW Saba Capital Income & Opport | Sold out | 0.00% | −0.40 |
| XSCDX LMP Capital and Income Fund | Sold out | 0.00% | −0.39 |
| FINS Angel Oak Financ Strat Inc. | Reduce -88.6% | 0.05% | −0.39 |
| DFP Flaherty & Crumrine DYN Pref | Sold out | 0.00% | −0.38 |
| XIGDX Voya GLBL Eqty DVD & PRM Opp | Reduce -68.2% | 0.19% | −0.36 |
| USA Liberty All Star Equity Fund | Reduce -12.7% | 1.83% | −0.36 |
| EMF Templeton Emerging Markets | Sold out | 0.00% | −0.35 |
| HEQ John Hancock Divers Inc. Fund | Reduce -79.0% | 0.11% | −0.35 |
| MMT Aberdeen Multimarket Income | Sold out | 0.00% | −0.34 |
| XFOFX Cohen & Steers Closed-End Op | Reduce -83.0% | 0.07% | −0.33 |
| XEFRX Eaton Vance Sr FLTG Rate TR | Sold out | 0.00% | −0.28 |
| XAI OCTAGN FLT RAT & ALT INM | Sold out | 0.00% | −0.28 |
| TBLD Thornburg Income Builder Opp | Reduce -78.8% | 0.09% | −0.27 |
| XRNPX Cohen & Steers REIT and Pref | Sold out | 0.00% | −0.25 |
| EOD Allspring Global Dividend Op | Reduce -68.2% | 0.12% | −0.23 |
| NFJ Virtus DVD Intrst & PRM STR | Reduce -29.4% | 0.69% | −0.22 |
| VGI Virtus Global Multi-Sector | Reduce -32.0% | 0.51% | −0.22 |
| FPF First TR Interm Dur & Inc. | Reduce -34.8% | 0.42% | −0.20 |
| XCAFX Morgan Stanley China A Share | Sold out | 0.00% | −0.20 |
| NPCT Nuveen Core Plus Impact | Reduce -29.6% | 0.72% | −0.20 |
| HQL Abrdn Life Sciences Investor | Reduce -35.7% | 0.42% | −0.19 |
| BGX Blackstone Long-Short Credit | Sold out | 0.00% | −0.18 |
| BGT BlackRock Fltng RT Inc. TR | Sold out | 0.00% | −0.18 |
| XNIEX Virtus Equity & Convertible | Reduce -32.8% | 0.37% | −0.18 |
| RQI Cohen & Steers Qual Inc. RLTY | Sold out | 0.00% | −0.17 |
| XEXGX Eaton Vance Tax-Managed Glob | Reduce -21.6% | 0.63% | −0.17 |
| JFR Nuveen Floating Rate Income | Reduce -59.6% | 0.12% | −0.16 |
| PPT Franklin Premir Inc. Trust-Ui | Sold out | 0.00% | −0.16 |
| NCV Virtus Convertible & Income | Reduce -68.6% | 0.08% | −0.15 |
Portfolio Buys Q4 2025 → Q1 2026
| ETG Eaton Vance T/A GL DVD Incm | Add +420.4% | 2.79% | +2.23 |
| XSSPX Nuveen S&P 500 Dynam Overwr | Add +298.6% | 2.28% | +1.71 |
| CSQ Calamos Strat TTL RTRN FND | Add +88.0% | 3.66% | +1.66 |
| XAODX Abrdn Total Dynamic Dividend | Add +379.3% | 1.44% | +1.15 |
| STEW SRH Total Return Fund Inc. | Add +163.7% | 1.71% | +1.07 |
| BGH Barings GLBL SHRT Dur Hi YLD | Add +554.8% | 1.06% | +0.90 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +76.2% | 1.77% | +0.75 |
| PFN PIMCO Income Strategy FD II | Add +255.0% | 0.91% | +0.65 |
| AIO Virtus Artific Intel & Tech | Add +261.8% | 0.83% | +0.61 |
| UTF Cohen & Steers Infrastructur | New | 0.59% | +0.59 |
| EOS Eaton Vance Enh Eqt Inc. II | Add +49.0% | 1.97% | +0.59 |
| PDO PIMCO Dynamic Income Opport | New | 0.58% | +0.58 |
| GHY Pgim Global High Yield Fund | Add +60.2% | 1.44% | +0.57 |
| SABA Saba Capital Income & Opp II | Add +32.2% | 1.68% | +0.53 |
| SPE Special Opportunities Fund | Add +48.5% | 1.78% | +0.53 |
| BLW BlackRock Ltd. Durat Inc. TR | New | 0.49% | +0.49 |
| HGLB Highland Global Allocation | Add +410.8% | 0.53% | +0.43 |
| VOO Vanguard S&P 500 ETF | New | 0.42% | +0.42 |
| JCE Nuveen Core Equity Alpha | Add +9.8% | 3.25% | +0.41 |
| SWZ Total Return Securities Fund | Add +136.7% | 0.67% | +0.40 |
| STK Columbia Slgmn Prem Tech GR | Add +24.8% | 1.33% | +0.39 |
| ASG Liberty All-Star Growth FD | Add +18.5% | 3.04% | +0.39 |
| PHK PIMCO High Income Fund | New | 0.38% | +0.38 |
| FFA First Trust Enhan Eqty Inc. | Add +16.9% | 2.38% | +0.38 |
| ARDC Ares Dynamic Credit All | Add +35.5% | 1.40% | +0.37 |
| BDJ BlackRock Enhanced Eqty DVD | Add +116.9% | 0.63% | +0.34 |
| XPGPX PIMCO GLBL Stockspl & Inc. | Add +101.1% | 0.67% | +0.34 |
| XMCRX MFS Charter Income Trust | Add +33.1% | 1.13% | +0.33 |
| MSD Morgan Stanley Emrg MKT Debt | Add +68.3% | 0.76% | +0.33 |
| XCHYX Calamos Convert & High Inc. | New | 0.31% | +0.31 |
| ETO Eaton Vance T/A GLBL DVD Opp | Add +32.5% | 1.40% | +0.31 |
| TY Tri-Continental Corp. | Add +33.0% | 1.03% | +0.30 |
| TWN Taiwan Fund Inc./TH/MD-US Inc. | Add +14.4% | 1.03% | +0.29 |
| TDF Templeton Dragon Fund Inc. | Add +70.7% | 0.66% | +0.29 |
| XNROX Neu Re Est Sec Inc. FD Inc.-US | Add +227.2% | 0.39% | +0.27 |
| BWG Brandywineglobal Global Inco | Add +28.4% | 1.06% | +0.24 |
| ECAT BlackRock ESG Cap All TRM TR | Add +250.4% | 0.32% | +0.23 |
| NBXG Neuberger Next Generation Co. | Add +133.9% | 0.39% | +0.22 |
| XSORX Source Capital Inc. | Add +56.3% | 0.49% | +0.21 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Add +21.1% | 0.95% | +0.20 |
| MIN Aberdeen Intermediate Inc. FD | Add +166.1% | 0.31% | +0.20 |
| HYI Western Asset High Yield Opp | Add +18.3% | 1.02% | +0.20 |
| THQ Abrdn Healthcare Opport | New | 0.19% | +0.19 |
| XBOEX BlackRock Enh GLBL DVD TR | Add +25.6% | 0.84% | +0.19 |
| AEF Abrdn Emerging Markets Ex CH | Add +66.9% | 0.40% | +0.19 |
| KF Korea Fund Inc. | Add +133.3% | 0.27% | +0.18 |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | Add +25.6% | 0.64% | +0.18 |
| ASGI Abrdn Global Infrastructure | New | 0.18% | +0.18 |
| CGO Calamos Global Total Return | Add +18.4% | 0.84% | +0.18 |
| IGA Voya Global Advan & Prem Opp | Add +26.7% | 0.60% | +0.16 |
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 |