Spectrum Asset Management, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Spectrum Asset Management, Inc. reported 2 stock positions worth $64.5 million. Its top holding was Invesco Preferred ETF (PGX) at 83.2% of the portfolio, followed by Invesco Variable Rate Prefer (VRP, 16.8%). Compared with Q1 2026, it added to 2. The biggest buy was Invesco Variable Rate Prefer (VRP, shares +320%).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0001318293
Portfolio Value
$64.5M (Q2 2026)
SEC Filing
0001318293-26-000003 ↗ filed Aug 4, 2026

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q1 2024: $52.0M Q1 2024 Q2 2024: $22.9M Q2 2024 Q3 2024: $55.4M Q3 2024 Q4 2024: $96.3M Q4 2024 Q1 2025: $49.5M Q1 2025 Q2 2025: $60.4M Q2 2025 Q3 2025: $43.7M Q3 2025 Q4 2025: $74.1M Q4 2025 Q1 2026: $45.0M Q1 2026 Q2 2026: $64.5M $64.5M Q2 2026

Holdings 2 stocks · $64.5M
PGX Invesco Preferred ETF 83.21% 4,953,026 $53.7M Add +26.9%
VRP Invesco Variable Rate Prefer 16.79% 445,782 $10.8M Add +320.1%
Other holdings (2): bonds, preferreds, convertibles and warrants · $5.1M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 3,437$4.0MNo change
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 897$1.1MNo change

Total filed on the 13F, all lines: $69.6M.

Portfolio Sells Q1 2026 → Q2 2026
None this quarter.

Portfolio Buys Q1 2026 → Q2 2026
VRP Invesco Variable Rate Prefer Add +320.1% 16.79% +11.14
PGX Invesco Preferred ETF Add +26.9% 83.21% −11.14

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$64.5MPGX, VRP
Q1 2026 2$45.0MPGX, VRP
Q4 2025 2$74.1MPGX, VRP
Q3 2025 2$43.7MPGX, VRP
Q2 2025 2$60.4MPGX, VRP
Q1 2025 3$49.5MPGX, PFF, VRP
Q4 2024 3$96.3MPGX, VRP, PFF
Q3 2024 3$55.4MPGX, PFF, VRP
Q2 2024 3$22.9MPFF, VRP, PGX
Q1 2024 3$52.0MPGX, PFF, VRP