BTS Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$21.7M |
| 2 |
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
|
+$10.1M |
| 3 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$592K |
| 4 |
Global X SuperDividend ETF
SDIV
|
+$563K |
| 5 |
MRSH
Marsh
MRSH
|
+$489K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$15.6M |
| 2 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$15.2M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$8.66M |
| 4 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$617K |
| 5 |
iShares TIPS Bond ETF
TIP
|
+$463K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 1.48% |
| 2 | Financials | 1.41% |
| 3 | Consumer Staples | 1.2% |
| 4 | Technology | 0.96% |
| 5 | Industrials | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Vanguard Small-Cap Value ETF
VBR
$37.3B
| – | – |
-1,095
| Closed | -$204K |
|
52
State Street Energy Select Sector SPDR ETF
XLE
$38.8B
| – | – |
-6,588
| Closed | -$308K |
|
Similar funds
BTS Asset Management's Q2 2025 Portfolio in Review
As of Q2 2025, BTS Asset Management held 52 positions worth $83M, down 6.2% from $88.6M the previous quarter. Its ten largest holdings account for 90% of the portfolio.
BTS Asset Management withdrew a net $7.14M in Q2 2025, closing 18 positions and reducing 10 holdings. Its most notable exit was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $15.6M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 1.5% of assets, up from 0.93% a quarter earlier, followed by Financials and Consumer Staples.
Against the trend, BTS Asset Management opened a new position in Invesco S&P 500 High Dividend Low Volatility ETF worth $10.2M.
- BTS Asset Management's largest Q2 2025 buy was Invesco S&P 500 High Dividend Low Volatility ETF: 214,253 shares worth $10.2M.
- BTS Asset Management added most to iShares Broad USD High Yield Corporate Bond ETF in Q2 2025, an estimated $21.7M increase.
- BTS Asset Management's biggest Q2 2025 reduction was Xtrackers USD High Yield Corporate Bond ETF, cutting an estimated $8.66M.
- BTS Asset Management fully exited State Street SPDR Bloomberg High Yield Bond ETF in Q2 2025, selling an estimated $15.6M.
- BTS Asset Management's ten largest holdings make up 90% of its $83M portfolio in Q2 2025.
- BTS Asset Management opened 17 new positions and closed 18 in Q2 2025.
- BTS Asset Management's portfolio value fell 6.2% quarter-over-quarter to $83M.
Based on BTS Asset Management's 13F filing for Q2 2025, filed 30 Jul 2025.