CIK 77132
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2018-Q1. 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 | 69.50% | 18 |
| Equity Real Estate Investment Trusts (REITs) | 24.60% | 3 |
| Software & IT Services | 1.92% | 1 |
| Utilities | 1.69% | 1 |
| Pharmaceuticals & Biotechnology | 1.16% | 2 |
| Oil, Gas & Consumable Fuels | 1.13% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AGNC | AGNC Investment Corp. | Real Estate | 15.03% |
| 2 | ANNALY MORTGAGE MANAGEMENT | Unclassified | 12.54% | |
| 3 | ABERDEEN ASIA PACIFIC INCOM | Unclassified | 9.61% | |
| 4 | EDD | MORGAN STANLEY EMERGING MKTS | Unclassified | 8.27% |
| 5 | ARCC | ARES CAPITAL CORP | Unclassified | 8.19% |
| 6 | RITM | Rithm Capital Corp. | Real Estate | 8.01% |
| 7 | WELLS FARGO CO NEW | Unclassified | 6.03% | |
| 8 | CHIMERA INVT CORP | Unclassified | 5.54% | |
| 9 | XEMDX | WESTERN ASSET EMERGING MKTS | Unclassified | 4.25% |
| 10 | CAPSTEAD MTG CORP | Unclassified | 3.38% |
8/26 names classified · sector 30.5% of weight · industry 30.5% · mkt cap 30.5%; 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: 30.5% of the book is sector-classified (unclassified names shown, never dropped).
Only 12% of book weight classified — the grid is NOT representative of the whole book.
Classified: 11.8% of book weight (4/17 names) · unclassified 88.2%: , AGNC, EDD, ARCC, XEMDX, SNAP, GHY, BCX, PAA, ECC +3 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 | AGNCAGNC Investment Corp | 1,012,000 | $19M | 15.0% | HOLD |
| 2 | ANNALY MORTGAGE MANAGEMENT | 1,526,000 | $16M | 12.5% | HOLD |
| 3 | ABERDEEN ASIA PACIFIC INCOM | 2,785,000 | $12M | 9.6% | HOLD |
| 4 | EDDMORGAN STANLEY EMERGING MKTS | 1,546,000 | $10M | 8.3% | HOLD |
| 5 | ARCCARES CAPITAL CORP | 623,000 | $10M | 8.2% | TRIM −17% |
| 6 | RITMRITHM CAPITAL CORP | 573,000 | $10M | 8.0% | TRIM −28% |
| 7 | WELLS FARGO CO NEW | 6,000 | $8M | 6.0% | HOLD |
| 8 | CHIMERA INVT CORP | 379,000 | $7M | 5.5% | HOLD |
| 9 | XEMDXWESTERN ASSET EMERGING MKTS | 401,000 | $5M | 4.3% | HOLD |
| 10 | CAPSTEAD MTG CORP | 473,000 | $4M | 3.4% | HOLD |
| 11 | SNAPSNAP INC | 184,000 | $2M | 1.9% | ADD 212% |
| 12 | TWO HARBORS INVESTMENT CORP | 150,000 | $2M | 1.9% | NEW |
| 13 | GHYPGIM GLOBAL HIGH YIELD FD FO | 165,000 | $2M | 1.8% | NEW |
| 14 | COLONY CAP INC NEW | 353,000 | $2M | 1.8% | NEW |
| 15 | ENERGY TRANSFER PARTNERS LP | 115,000 | $2M | 1.7% | HOLD |
| 16 | KMIKINDER MORGAN INC DEL | 120,000 | $2M | 1.7% | HOLD |
| 17 | BCXBLACKROCK RES & COMMODITIES | 211,000 | $2M | 1.6% | HOLD |
| 18 | STWDSTARWOOD PPTY TR INC | 90,000 | $2M | 1.6% | HOLD |
| 19 | PAAPLAINS ALL AMERN PIPELINE L | 60,000 | $1M | 1.1% | HOLD |
| 20 | ECCEAGLE POINT CREDIT COMPANY I | 73,000 | $1M | 1.1% | TRIM −11% |
| 21 | DSLDOUBLELINE INCOME SOLUTIONS | 60,000 | $1M | 1.0% | TRIM −75% |
| 22 | ANABANAPTYSBIO INC | 12,000 | $821,000 | 0.7% | NEW |
| 23 | COLLCOLLEGIUM PHARMACEUTICAL INC | 27,000 | $636,000 | 0.5% | HOLD |
| 24 | ARMOUR RESIDENTIAL REIT INC | 20,000 | $450,000 | 0.4% | HOLD |
| 25 | RABROOKFIELD REAL ASSETS INCOM | 17,000 | $392,000 | 0.3% | HOLD |
| 26 | WILDHORSE RESOURCE DEV CORP | 10,000 | $264,000 | 0.2% | NEW |
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