We are live on ! Find out more
IR

IAT Reinsurance Portfolio holdings

AUM $310M
1-Year Est. Return 13.37%
This Fund
S&P 500
This Quarter Est. Return
+3.64%
1 Year Est. Return
+13.37%
3 Year Est. Return
+22.45%
5 Year Est. Return
+25.65%
10 Year Est. Return
+209.01%
AUM
$150M
AUM Growth
-$371M
Cap. Flow
-$377M
Cap. Flow %
-251.58%
Top 10 Hldgs %
42%
Holding
134
New
14
Increased
–
Reduced
44
Closed
21

Top Buys

Rank Stock Value
1
AXP icon
American Express
AXP
+$4.07M
2
UZC
United States Cellular Corporation 7.25% Senior Notes due 2064
UZC
+$995K
3
ECCZ.CL
Eagle Point Credit Company Inc.
ECCZ.CL
+$981K
4
WTW icon
Willis Towers Watson
WTW
+$582K
5
IEH
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
+$534K

Top Sells

Rank Stock Value
1
MERC icon
Mercer International
MERC
+$155M
2
SRL icon
Scully Royalty
SRL
+$31M
3
NTP
Nam Tai Property Inc.
NTP
+$30.3M
4
GS icon
Goldman Sachs
GS
+$19.9M
5
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$19.3M

Sector Composition

Rank Sector Weight
1 Financials 27.79%
2 Industrials 16.4%
3 Healthcare 6.46%
4 Consumer Discretionary 6.33%
5 Consumer Staples 5.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
C.PRK
51
DELISTED
Citigroup Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K
C.PRK
$557K 0.37%
20,000
– –
CVX icon
52
Chevron
CVX
$392B
$540K 0.36%
6,000
-10,000
-63% -$902K
BAC.PRW.CL
53
DELISTED
Bank of America Corporation Depositary Shares, each representing a 1/1000 th interest in a share of
BAC.PRW.CL
$535K 0.36%
20,000
-20,000
-50% -$526K
BAC.PRY.CL
54
DELISTED
BANK OF AMERICA CORPORATION Depositary Shares representing a 1/1,000 th interest in a share of 6.500
BAC.PRY.CL
$534K 0.36%
20,000
-40,000
-67% -$1.05M
RJD.CL
55
DELISTED
Raymond James Financial Inc
RJD.CL
$533K 0.36%
20,000
– –
TCF.PRB.CL
56
DELISTED
TCF Financial Corporation
TCF.PRB.CL
$532K 0.35%
20,000
– –
MS.PRI icon
57
Morgan Stanley Series I Preferred Stock
MS.PRI
$996K
$531K 0.35%
20,000
– –
JPM.PRF.CL
58
DELISTED
JPMorgan Chase & Co. Called
JPM.PRF.CL
$522K 0.35%
20,000
– –
NNN icon
59
NNN REIT
NNN
$9.04B
$521K 0.35%
13,000
– –
IEH
60
DELISTED
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
$516K 0.34%
+20,000
New +$534K
VNO.PRJ
61
DELISTED
VORNADO RLTY TR PFD 6.875% CUMULATIVE RED SER J % (MD)
VNO.PRJ
$512K 0.34%
20,000
-17,000
-46% -$436K
ALLY.PRA
62
DELISTED
GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2
ALLY.PRA
$507K 0.34%
20,000
– –
CTZ
63
DELISTED
Qwest Corporation
CTZ
$504K 0.34%
20,000
-20,000
-50% -$500K
AHL.PRA.CL
64
DELISTED
ASPEN Insurance Holding Limited
AHL.PRA.CL
$504K 0.34%
20,000
– –
GBLIZ
65
DELISTED
Global Indemnity Limited 7.75% Subordinated Note Due 2045
GBLIZ
$477K 0.32%
20,000
-40,000
-67% -$963K
PIY
66
DELISTED
ML Depositor PreferredPlus 8.375% Citizens Commun Cert. CZN-1
PIY
$477K 0.32%
18,700
– –
BP icon
67
BP
BP
$116B
$469K 0.31%
17,827
– –
SPPI
68
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
$457K 0.3%
75,796
– –
ROX
69
DELISTED
Castle Brands, Inc.
ROX
$431K 0.29%
350,000
– –
CDK
70
DELISTED
CDK Global, Inc.
CDK
$422K 0.28%
8,900
-53,430
-86% -$2.59M
KHC icon
71
Kraft Heinz
KHC
$30.7B
$420K 0.28%
5,766
-18,554
-76% -$1.37M
TYC
72
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
$399K 0.27%
11,938
-11,937
-50% -$436K
LM
73
DELISTED
Legg Mason, Inc.
LM
$392K 0.26%
10,000
-90,000
-90% -$3.85M
STAG.PRA.CL
74
DELISTED
Stag Industrial Inc
STAG.PRA.CL
$391K 0.26%
15,000
– –
JPM icon
75
JPMorgan Chase
JPM
$935B
$373K 0.25%
5,655
-8,500
-60% -$553K
1 2
3
4 5

Similar funds

TWM
TSA Wealth Management Houston, Texas $309M AUM 15.82% 1-Year Est. Return
RGC
Redwood Grove Capital Palo Alto, California $310M AUM 35.87% 1-Year Est. Return
PH
Pinnacle Holdings Tulsa, Oklahoma $309M AUM 18.8% 1-Year Est. Return
IPW
IronBridge Private Wealth Austin, Texas $310M AUM 41.13% 1-Year Est. Return
CCG
Cloverfields Capital Group Minneapolis, Minnesota $309M AUM 20.93% 1-Year Est. Return
TL
Tradewinds LLC Raleigh, North Carolina $310M AUM 22.31% 1-Year Est. Return
FI
Financial Insights Tacoma, Washington $309M AUM 17.27% 1-Year Est. Return
BBWA
Bell & Brown Wealth Advisors Newport Beach, California $308M AUM 36.32% 1-Year Est. Return

IAT Reinsurance's Q4 2015 Portfolio in Review

As of Q4 2015, IAT Reinsurance held 134 positions worth $150M, down 71% from $521M the previous quarter. Its ten largest holdings account for 42% of the portfolio.

IAT Reinsurance withdrew a net $377M in Q4 2015, closing 21 positions and reducing 44 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class B, an estimated $7.44M position sold in full.

By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 27% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, IAT Reinsurance opened a new position in American Express worth $3.9M.

  • IAT Reinsurance's largest Q4 2015 buy was American Express: 56,000 shares worth $3.9M.
  • IAT Reinsurance's biggest Q4 2015 reduction was Mercer International, cutting an estimated $155M.
  • IAT Reinsurance fully exited Twenty-First Century Fox, Inc. Class B in Q4 2015, selling an estimated $7.44M.
  • IAT Reinsurance's ten largest holdings make up 42% of its $150M portfolio in Q4 2015.
  • IAT Reinsurance opened 14 new positions and closed 21 in Q4 2015.
  • IAT Reinsurance's portfolio value fell 71% quarter-over-quarter to $150M.

Based on IAT Reinsurance's 13F filing for Q4 2015, filed 3 Feb 2016.