We are live on ! Find out more
BI

Bulldog Investors Portfolio holdings

AUM $445M
1-Year Est. Return 2.14%
This Fund
S&P 500
This Quarter Est. Return
-0.88%
1 Year Est. Return
+2.14%
3 Year Est. Return
+20.34%
5 Year Est. Return
+20.45%
10 Year Est. Return
+75.67%
AUM
$449M
AUM Growth
+$16.9M
Cap. Flow
+$21.7M
Cap. Flow %
4.83%
Top 10 Hldgs %
35.16%
Holding
258
New
61
Increased
43
Reduced
71
Closed
37

Top Buys

Rank Stock Value
1
LEO
BNY Mellon Strategic Municipals
LEO
+$4.74M
2
HEQ
John Hancock Hedged Equity & Income Fund
HEQ
+$4.1M
3
DSM
BNY Mellon Strategic Municipal Bond Fund
DSM
+$4.09M
4
BPRE
Bluerock Private Real Estate Fund
BPRE
+$3.74M
5
FSK icon
FS KKR Capital
FSK
+$3.72M

Top Sells

Rank Stock Value
1
AFB
AllianceBernstein National Municipal Income Fund
AFB
+$10M
2
ENX
Eaton Vance New York Municipal Bond Fund
ENX
+$4.77M
3
FTW
Presidio Production Co
FTW
+$4.17M
4
SOUL
Soulpower Acquisition Corp
SOUL
+$3.4M
5
LPBB
Launch Two Acquisition Corp
LPBB
+$3.07M

Sector Composition

Rank Sector Weight
1 Financials 42.05%
2 Industrials 3.2%
3 Energy 2.03%
4 Real Estate 1.69%
5 Consumer Discretionary 1.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PGZ
226
Principal Real Estate Income Fund
PGZ
$68.3M
– –
-189,736
Closed -$1.98M
NSLR
227
Neostellar Capital Corp
NSLR
$287M
– –
-121,453
Closed -$1.09M
ZTR
228
Virtus Total Return Fund
ZTR
$341M
– –
-257,181
Closed -$1.66M
IROHR
229
DELISTED
Iron Horse Acquisitions Corp Right
IROHR
– –
-63,190
Closed -$46.4K
PCSC
230
DELISTED
Perceptive Capital Solutions
PCSC
– –
-50,000
Closed -$528K
FTW
231
Presidio Production Co
FTW
$338M
– –
-402,200
Closed -$4.17M
SBXD
232
SilverBox Corp IV
SBXD
$275M
– –
-275,171
Closed -$2.88M
POLE
233
Andretti Acquisition Corp II
POLE
$319M
– –
-260,734
Closed -$2.73M
LPBB
234
Launch Two Acquisition Corp
LPBB
$310M
– –
-293,863
Closed -$3.07M
FACT
235
FACT II Acquisition Corp
FACT
$260M
– –
-255,091
Closed -$2.63M
RDAGU
236
Republic Digital Acquisition Co Unit
RDAGU
– –
-50,000
Closed -$526K
CEPT
237
DELISTED
Cantor Equity Partners II
CEPT
– –
-35,895
Closed -$377K
OYSEU
238
Oyster Enterprises II Acquisition Corp Units
OYSEU
– –
-120,199
Closed -$1.2M
SOUL
239
Soulpower Acquisition Corp
SOUL
– –
-336,952
Closed -$3.4M
TACO
240
Berto Acquisition Corp
TACO
$392M
– –
-69,163
Closed -$719K
BRRWW
241
ProCap Financial Inc
BRRWW
$3.14M
– –
-25,000
Closed -$30K
BRR
242
ProCap Financial Inc
BRR
$161M
– –
-118,908
Closed -$1.2M
BACCU
243
Blue Acquisition Corp Unit
BACCU
– –
-184,494
Closed -$1.86M
LWACU
244
LightWave Acquisition Corp Units
LWACU
– –
-160,956
Closed -$1.62M
FIGXU
245
FIGX Capital Acquisition Corp Units
FIGXU
– –
-100,090
Closed -$1.01M
CCIIU
246
Cohen Circle Acquisition Corp II Unit
CCIIU
– –
-25,000
Closed -$257K
INACU
247
Indigo Acquisition Corp Unit
INACU
– –
-19,035
Closed -$192K
ONCHU
248
1RT Acquisition Corp Units
ONCHU
$155M
– –
-10,000
Closed -$106K
CCCX
249
DELISTED
Churchill Capital Corp X
CCCX
– –
-68,275
Closed -$878K
CCCXW
250
DELISTED
Churchill Capital Corp X Warrants
CCCXW
– –
-62,485
Closed -$222K
7 8 9
10
11

Similar funds

SGCM
Sand Grove Capital Management London, United Kingdom $444M AUM 131.11% 1-Year Est. Return
FWSM
First Wilshire Securities Management Pasadena, California $444M AUM 42.88% 1-Year Est. Return
TC
TownSquare Capital Provo, Utah $444M AUM 24.03% 1-Year Est. Return
AC
Almitas Capital Santa Monica, California $443M AUM 42.36% 1-Year Est. Return
EFMC
Empire Financial Management Company New York $442M AUM 24.42% 1-Year Est. Return
DBG
De Burlo Group Boston, Massachusetts $441M AUM 21.21% 1-Year Est. Return
POEH
Post Oak Energy Holdings Houston, Texas $449M AUM 53.94% 1-Year Est. Return
BOA
Birnam Oak Advisors New York $441M AUM 37.12% 1-Year Est. Return

Bulldog Investors's Q4 2025 Portfolio in Review

As of Q4 2025, Bulldog Investors held 258 positions worth $449M, up 3.9% from $432M the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Bulldog Investors deployed $21.7M of net new capital in Q4 2025, opening 61 new positions and adding to 43 existing holdings. Its largest new stake was John Hancock Hedged Equity & Income Fund: 381,764 shares worth $4.1M.

By sector, the portfolio is most concentrated in Financials at 42% of assets, up from 36% a quarter earlier, followed by Industrials and Energy.

On the sell side, the largest reduction was AllianceBernstein National Municipal Income Fund, an estimated $10M trimmed.

  • Bulldog Investors's largest Q4 2025 buy was John Hancock Hedged Equity & Income Fund: 381,764 shares worth $4.1M.
  • Bulldog Investors added most to BNY Mellon Strategic Municipals in Q4 2025, an estimated $4.74M increase.
  • Bulldog Investors's biggest Q4 2025 reduction was AllianceBernstein National Municipal Income Fund, cutting an estimated $10M.
  • Bulldog Investors fully exited Eaton Vance New York Municipal Bond Fund in Q4 2025, selling an estimated $4.77M.
  • Bulldog Investors's ten largest holdings make up 35% of its $449M portfolio in Q4 2025.
  • Bulldog Investors opened 61 new positions and closed 37 in Q4 2025.
  • Bulldog Investors's portfolio value rose 3.9% quarter-over-quarter to $449M.

Based on Bulldog Investors's 13F filing for Q4 2025, filed 13 Feb 2026.