CIK 1051042
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2018-Q3. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 68.01% | 88 |
| Equity Real Estate Investment Trusts (REITs) | 5.65% | 4 |
| Diversified Telecommunication Services | 5.28% | 4 |
| Pharmaceuticals & Biotechnology | 4.53% | 3 |
| Utilities | 3.52% | 5 |
| Metals & Mining | 2.41% | 2 |
| Media & Entertainment | 2.05% | 1 |
| Health Care Equipment & Supplies | 1.77% | 1 |
| Entertainment | 1.47% | 1 |
| Semiconductors & Semiconductor Equipment | 1.26% | 2 |
| Capital Markets | 1.26% | 2 |
| Machinery | 1.03% | 2 |
| Technology Hardware & Equipment | 0.57% | 1 |
| Chemicals | 0.54% | 2 |
| Specialty Retail | 0.43% | 1 |
| Insurance | 0.13% | 1 |
| Food Products | 0.09% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BTZ | BLACKROCK CR ALLOCATION INCO | Unclassified | 6.14% |
| 2 | FT | FRANKLIN UNVL TR | Unclassified | 4.08% |
| 3 | TEMPLETON GLOBAL INCOME FD | Unclassified | 3.58% | |
| 4 | KENNEDY-WILSON HOLDINGS INC | Unclassified | 3.38% | |
| 5 | XJQCX | NUVEEN CR STRATEGIES INCOME | Unclassified | 3.25% |
| 6 | WIW | WESTERN AST INFL LKD OPP & I | Unclassified | 2.63% |
| 7 | MRK | Merck & Co., Inc. | Health Care | 2.57% |
| 8 | BWG | BRANDYWINEGBL GBL INCM OPP F | Unclassified | 2.37% |
| 9 | BRX | Brixmor Property Group Inc. | Real Estate | 2.37% |
| 10 | VOYA PRIME RATE TR | Unclassified | 2.33% |
34/121 names classified · sector 32.5% of weight · industry 32.0% · mkt cap 27.9%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 32.5% of the book is sector-classified (unclassified names shown, never dropped).
Only 25% of book weight classified — the grid is NOT representative of the whole book.
Classified: 25.1% of book weight (28/90 names) · unclassified 74.9%: , BTZ, FT, XJQCX, WIW, BWG, SCHP, BGT, VVR, PHG +52 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | BTZBLACKROCK CR ALLOCATION INCO | 1,499,442 | $17M | 6.1% | ADD 78% |
| 2 | FTFRANKLIN UNVL TR | 1,755,395 | $11M | 4.1% | ADD 9% |
| 3 | TEMPLETON GLOBAL INCOME FD | 1,620,989 | $10M | 3.6% | ADD 19% |
| 4 | KENNEDY-WILSON HOLDINGS INC | 507,541 | $9M | 3.4% | TRIM −7% |
| 5 | XJQCXNUVEEN CR STRATEGIES INCOME | 1,198,082 | $9M | 3.2% | TRIM −9% |
| 6 | WIWWESTERN AST INFL LKD OPP & I | 706,203 | $7M | 2.6% | NEW |
| 7 | MRKMERCK & CO INC | 91,667 | $7M | 2.6% | TRIM −11% |
| 8 | BWGBRANDYWINEGBL GBL INCM OPP F | 623,997 | $6M | 2.4% | ADD 26% |
| 9 | BRXBRIXMOR PPTY GROUP INC | 440,600 | $6M | 2.4% | TRIM −11% |
| 10 | VOYA PRIME RATE TR | 1,416,299 | $6M | 2.3% | ADD 13% |
| 11 | SCHPSCHWAB STRATEGIC TR | 113,674 | $6M | 2.2% | TRIM −63% |
| 12 | VEREIT INC | 838,796 | $6M | 2.2% | TRIM −9% |
| 13 | SANDSTORM GOLD LTD | 1,289,636 | $6M | 2.2% | TRIM −10% |
| 14 | INVESCO DYNAMIC CR OPP FD | 574,519 | $6M | 2.2% | ADD 28% |
| 15 | OMCOMNICOM GROUP INC | 76,299 | $6M | 2.0% | TRIM −9% |
| 16 | BGTBLACKROCK FLOATING RATE INC | 478,926 | $6M | 2.0% | NEW |
| 17 | VVRINVESCO SR INCOME TR | 1,239,806 | $5M | 1.8% | ADD 26% |
| 18 | PHGKONINKLIJKE PHILIPS N V | 137,882 | $5M | 1.8% | ADD 70% |
| 19 | KIMKIMCO RLTY CORP | 310,345 | $5M | 1.7% | TRIM −11% |
| 20 | UNITUNITI GROUP LLC COM SHS | 274,601 | $4M | 1.6% | TRIM −12% |
| 21 | ARRAY BIOPHARMA INC | 295,610 | $4M | 1.5% | TRIM −12% |
| 22 | DISDISNEY WALT CO | 36,580 | $4M | 1.5% | TRIM −12% |
| 23 | WPMWHEATON PRECIOUS METALS CORP | 199,248 | $4M | 1.4% | TRIM −9% |
| 24 | VODVODAFONE GROUP PLC | 199,888 | $4M | 1.4% | ADD 40% |
| 25 | DSLDOUBLELINE INCOME SOLUTIONS | 217,101 | $4M | 1.4% | NEW |
| 26 | REGNREGENERON PHARMACEUTICALS | 9,427 | $4M | 1.3% | TRIM −11% |
| 27 | AQNALGONQUIN PWR UTILS CORP | 343,924 | $3M | 1.3% | TRIM −8% |
| 28 | COTT CORP QUE | 244,721 | $3M | 1.2% | ADD 6% |
| 29 | XFRAXBLACKROCK FLOATING RATE INCO | 282,595 | $3M | 1.2% | NEW |
| 30 | APOLLO SR FLOATING RATE FD I | 230,008 | $3M | 1.2% | ADD 344% |
| 31 | NXPINXP SEMICONDUCTORS N V | 44,011 | $3M | 1.2% | ADD 4% |
| 32 | TAT&T INC | 111,141 | $3M | 1.2% | TRIM −9% |
| 33 | VZVERIZON COMMUNICATIONS INC | 55,134 | $3M | 1.1% | TRIM −10% |
| 34 | FSPFRANKLIN STR PPTYS CORP | 497,053 | $3M | 1.1% | TRIM −11% |
| 35 | SBIWESTERN ASSET INTER MUNI FD | 354,781 | $3M | 1.1% | NEW |
| 36 | GDOWSTRN AST GLBL CORP OPP FD I | 195,555 | $3M | 1.1% | ADD 216% |
| 37 | HASIHA SUSTAINABLE INFRA CAP INC | 151,911 | $3M | 1.1% | TRIM −29% |
| 38 | GDLGDL FD | 314,726 | $3M | 1.1% | TRIM −14% |
| 39 | XPHDXPIONEER FLOATING RATE FUND I | 293,098 | $3M | 1.1% | NEW |
| 40 | GWRSGLOBAL WTR RES INC | 284,281 | $3M | 1.1% | TRIM −25% |
| 41 | NUENUCOR CORP | 51,668 | $3M | 1.0% | ADD 158% |
| 42 | PHPARKER-HANNIFIN CORP | 17,448 | $3M | 1.0% | NEW |
| 43 | OSISKO GOLD ROYALTIES | 294,878 | $3M | 0.9% | TRIM −8% |
| 44 | IEFISHARES TR | 23,937 | $2M | 0.9% | TRIM −22% |
| 45 | MYIBLACKROCK MUNIYIELD QUALITY | 206,240 | $2M | 0.9% | NEW |
| 46 | SHYISHARES TR | 28,934 | $2M | 0.9% | TRIM −23% |
| 47 | GREAT PANTHER MINING | 3,199,264 | $2M | 0.8% | TRIM −21% |
| 48 | NUVEEN MICH QUALITY MUN INCO | 173,036 | $2M | 0.8% | ADD 39% |
| 49 | XMUIXBLACKROCK MUNICIPAL INCOME | 168,091 | $2M | 0.8% | NEW |
| 50 | OPPRIVERNORTH DOUBLELINE STRATE | 118,929 | $2M | 0.7% | NEW |
| 51 | ABERDEEN ASIA PACIFIC INCOM | 476,377 | $2M | 0.7% | ADD 189% |
| 52 | ESEVERSOURCE ENERGY | 28,272 | $2M | 0.7% | HOLD |
| 53 | AGIOAGIOS PHARMACEUTICALS INC | 39,738 | $2M | 0.7% | TRIM −11% |
| 54 | AAPLAPPLE INC | 9,788 | $2M | 0.6% | ADD 316% |
| 55 | BRK.BBERKSHIRE HATHAWAY INC DEL | 7,320 | $1M | 0.5% | HOLD |
| 56 | IGRCBRE GBL REAL ESTATE INC FD | 225,510 | $1M | 0.5% | TRIM −3% |
| 57 | SELFGLOBAL SELF STORAGE INC | 331,528 | $1M | 0.5% | TRIM −10% |
| 58 | BRK.ABERKSHIRE HATHAWAY INC DEL | 4 | $1M | 0.4% | HOLD |
| 59 | MINMFS INTER INCOME TR | 333,460 | $1M | 0.4% | ADD 6% |
| 60 | EVNEATON VANCE MUNI INCOME TRUS | 107,869 | $1M | 0.4% | NEW |
| 61 | EATON VANCE FLTG RATE INCOM | 82,010 | $1M | 0.4% | NEW |
| 62 | FASTFASTENAL CO | 22,284 | $1M | 0.4% | TRIM −15% |
| 63 | ZROZPIMCO ETF TR | 7,573 | $852,000 | 0.3% | TRIM −78% |
| 64 | LIBERTY | 33,249 | $828,000 | 0.3% | TRIM −22% |
| 65 | DTEDTE ENERGY CO | 7,471 | $824,000 | 0.3% | HOLD |
| 66 | BTTBLACKROCK MUN TARGET TERM TR | 39,412 | $808,000 | 0.3% | NEW |
| 67 | GOAUETF SER SOLUTIONS | 68,129 | $777,000 | 0.3% | TRIM −8% |
| 68 | SPTLSPDR SERIES TRUST | 21,474 | $752,000 | 0.3% | TRIM −82% |
| 69 | EVFEATON VANCE SR INCOME TR | 124,869 | $749,000 | 0.3% | ADD 192% |
| 70 | PGPROCTER AND GAMBLE CO | 8,133 | $748,000 | 0.3% | TRIM −8% |
| 71 | CLCOLGATE PALMOLIVE CO | 12,200 | $726,000 | 0.3% | HOLD |
| 72 | MIYBLACKROCK MUNIYIELD MICH QU | 55,597 | $691,000 | 0.3% | NEW |
| 73 | SPESPECIAL OPPORTUNITIES FD INC | 56,589 | $670,000 | 0.2% | ADD 22% |
| 74 | GRXGABELLI HLTHCARE & WELLNESS | 69,331 | $641,000 | 0.2% | ADD 83% |
| 75 | EDCONSOLIDATED EDISON INC | 7,966 | $609,000 | 0.2% | HOLD |
| 76 | SPIRIT MTA REIT COM SHS BEN IN | 77,673 | $554,000 | 0.2% | NEW |
| 77 | GROWU S GLOBAL INVS INC | 503,581 | $554,000 | 0.2% | TRIM −18% |
| 78 | BLACKROCK STRATEGIC MUN TR | 46,000 | $548,000 | 0.2% | NEW |
| 79 | ISHARES TR | 19,911 | $510,000 | 0.2% | NEW |
| 80 | BLACKROCK MUNICIPAL BOND TR | 38,028 | $508,000 | 0.2% | NEW |
| 81 | MORGAN STANLEY ASIA PAC FD I | 30,817 | $507,000 | 0.2% | TRIM −4% |
| 82 | BLACKROCK MUN INCOME TR | 36,900 | $450,000 | 0.2% | ADD 99% |
| 83 | STEWSRH TOTAL RETURN FUND INC | 42,831 | $447,000 | 0.2% | ADD 2% |
| 84 | MQYBLACKROCK MUNIYILD QULT FD I | 33,500 | $435,000 | 0.2% | NEW |
| 85 | XBKNXBLACKROCK INVT QUALITY MUN T | 31,000 | $410,000 | 0.2% | NEW |
| 86 | SPECIAL OPPORTUNITIES FD INC 2.75 CNV PFD C | 14,868 | $371,000 | 0.1% | TRIM −22% |
| 87 | UNHUNITEDHEALTH GROUP INC | 1,418 | $353,000 | 0.1% | TRIM −7% |
| 88 | TIPISHARES TR | 3,154 | $345,000 | 0.1% | TRIM −23% |
| 89 | WALGREENS BOOTS ALLIANCE INC | 5,011 | $342,000 | 0.1% | HOLD |
| 90 | STIPISHARES TR | 3,094 | $303,000 | 0.1% | TRIM −5% |
| 91 | FCTFIRST TR SR FLTG RATE INCOME | 26,450 | $296,000 | 0.1% | NEW |
| 92 | GLOCLOUGH GLOBAL OPPORTUNITIES | 31,838 | $262,000 | 0.1% | TRIM −3% |
| 93 | VGITVANGUARD SCOTTSDALE FDS | 4,070 | $258,000 | 0.1% | TRIM −19% |
| 94 | LWAYLIFEWAY FOODS INC | 133,979 | $252,000 | 0.1% | TRIM −46% |
| 95 | JFRNUVEEN FLOATING RATE INCOME | 26,850 | $248,000 | 0.1% | NEW |
| 96 | XRNPXCOHEN & STEERS REIT & PFD & | 13,773 | $245,000 | 0.1% | NEW |
| 97 | RGTROYCE GLOBAL TRUST INC | 27,370 | $243,000 | 0.1% | TRIM −22% |
| 98 | ADIANALOG DEVICES INC | 2,632 | $226,000 | 0.1% | HOLD |
| 99 | NUVNUVEEN MUN VALUE FD INC | 23,200 | $215,000 | 0.1% | TRIM −23% |
| 100 | IRINGERSOLL-RAND PLC | 2,317 | $211,000 | 0.1% | TRIM −10% |
| 101 | SCHRSCHWAB STRATEGIC TR | 3,956 | $209,000 | 0.1% | TRIM −96% |
| 102 | CITRIX SYS INC | 2,000 | $205,000 | 0.1% | HOLD |
| 103 | BLACKROCK MUNIHLDS INVSTM QL | 16,000 | $204,000 | 0.1% | HOLD |
| 104 | XMVFXBLACKROCK MUNIVEST FD INC | 24,600 | $203,000 | 0.1% | TRIM −22% |
| 105 | MMUWESTERN ASSET MANAGED MUNS F | 16,000 | $203,000 | 0.1% | TRIM −24% |
| 106 | XMYDXBLACKROCK MUNIYIELD FD INC | 16,000 | $200,000 | 0.1% | TRIM −16% |
| 107 | PMLPIMCO MUN INCOME FD II | 15,000 | $200,000 | 0.1% | HOLD |
| 108 | WESTERN ASSET MUNI DEFINED OPP | 10,000 | $195,000 | 0.1% | HOLD |
| 109 | MHDBLACKROCK MUNIHOLDINGS FD IN | 13,000 | $191,000 | 0.1% | HOLD |
| 110 | XMVTXBLACKROCK MUNIVEST FD II INC | 14,375 | $188,000 | 0.1% | TRIM −13% |
| 111 | NZFNUVEEN MUNICIPAL CREDIT INC | 14,000 | $188,000 | 0.1% | HOLD |
| 112 | NUVEEN ENHANCED MUNI VALUE | 14,000 | $180,000 | 0.1% | HOLD |
| 113 | TDFTEMPLETON DRAGON FD INC | 10,187 | $173,000 | 0.1% | NEW |
| 114 | MGFMFS GOVT MKTS INCOME TR | 36,184 | $162,000 | 0.1% | TRIM −15% |
| 115 | FMYFIRST TR MTG INCOME FD | 11,029 | $144,000 | 0.1% | TRIM −9% |
| 116 | SEQUENTIAL BRNDS GROUP I | 178,438 | $143,000 | 0.1% | TRIM −82% |
| 117 | XWIAXWESTERN ASST INFLTN LKD INM | 12,682 | $134,000 | 0.0% | NEW |
| 118 | NEW SR INVT GROUP INC | 32,175 | $133,000 | 0.0% | TRIM −27% |
| 119 | BLACKROCK INCOME TR INC | 22,292 | $126,000 | 0.0% | HOLD |
| 120 | Lazard World Dividend & Income | 10,332 | $88,000 | 0.0% | NEW |
| 121 | AEGON N V | 13,971 | $65,000 | 0.0% | HOLD |
Where this firm's principals came from and which firms its alumni went on to found.
