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
+3.29%
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
$405M
AUM Growth
+$40.4M
Cap. Flow
+$47.5M
Cap. Flow %
11.73%
Top 10 Hldgs %
73.78%
Holding
100
New
15
Increased
4
Reduced
1
Closed
11

Top Buys

Rank Stock Value
1
LMHB
Legg Mason, Inc. 5.45% Junior Subordinated Notes due 2056
LMHB
+$20.3M
2
GLW icon
Corning
GLW
+$4.64M
3
DIS icon
Walt Disney
DIS
+$2.88M
4
HBANO
Huntington Bancshares Incorporated Depositary Shares
HBANO
+$2.05M
5
BX icon
Blackstone
BX
+$2.03M

Top Sells

Rank Stock Value
1
ANG.PRB
American National Group Series B
ANG.PRB
+$1.21M
2
RILYM
B. Riley Financial, Inc. 6.375% Senior Notes due 2025
RILYM
+$1.04M
3
WALA
Western Alliance Bancorporation
WALA
+$887K
4
UNMA
Unum Group 6.250% Junior Subordinated Notes due 2058
UNMA
+$749K
5
IEH
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
+$546K

Sector Composition

Rank Sector Weight
1 Materials 26.85%
2 Financials 18.32%
3 Real Estate 13.64%
4 Industrials 7.22%
5 Healthcare 6.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BRK.A icon
51
Berkshire Hathaway Class A
BRK.A
$1.12T
$320K 0.08%
1
– –
WPG.PRI
52
DELISTED
Washington Prime Group Inc. 6.875% Series I Cumulative Redeemable Preferred Shares of Beneficial Int
WPG.PRI
$298K 0.07%
35,000
– –
MDLQ
53
DELISTED
Medley LLC 7.25% Notes due 2024
MDLQ
$297K 0.07%
40,000
– –
MDLX
54
DELISTED
Medley LLC 6.875% Senior Notes due 2026
MDLX
$272K 0.07%
40,000
– –
BP icon
55
BP
BP
$108B
$262K 0.06%
15,000
– –
GBLL
56
DELISTED
Global Indemnity Group, LLC 7.875% Subordinated Notes due 2047
GBLL
$260K 0.06%
+10,000
New +$259K
PFH
57
Prudential Financial Inc 4.125% Junior Subordinated Notes due 2060
PFH
$318M
$256K 0.06%
+10,000
New +$256K
PRIF.PRD
58
Priority Income Fund Inc 7.00% Series D Term Preferred Stock due 2029
PRIF.PRD
$26.7M
$249K 0.06%
10,000
– –
IBM icon
59
IBM
IBM
$219B
$183K 0.05%
1,569
– –
OTIS icon
60
Otis Worldwide
OTIS
$28B
$171K 0.04%
2,746
– –
CARR icon
61
Carrier Global
CARR
$53.5B
$168K 0.04%
5,494
– –
GM icon
62
General Motors
GM
$76.6B
$69K 0.02%
+2,327
New +$65.4K
WAB icon
63
Wabtec
WAB
$49.7B
$40K 0.01%
647
– –
ADNT icon
64
Adient
ADNT
$1.53B
$21K 0.01%
1,193
– –
VST.WS.A
65
DELISTED
Vistra Corp.Warrants to purchase Common Stock (Expiring February 2, 2024)
VST.WS.A
$19K ﹤0.01%
33,717
– –
CBL.PRD
66
DELISTED
CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
$11K ﹤0.01%
15,000
– –
DNOW icon
67
DNOW Inc
DNOW
$2.85B
$5K ﹤0.01%
1,100
– –
KALU icon
68
Kaiser Aluminum
KALU
$2.85B
$4K ﹤0.01%
70
– –
TDW icon
69
Tidewater
TDW
$4.08B
$4K ﹤0.01%
557
– –
GPC icon
70
Genuine Parts
GPC
$18.2B
$0 ﹤0.01%
2
– –
TFIN.PR
71
Triumph Financial Series C Preferred Stock
TFIN.PR
$40M
– –
-20,000
Closed -$489K
UNMA
72
Unum Group 6.250% Junior Subordinated Notes due 2058
UNMA
$254M
– –
-30,000
Closed -$749K
ANG.PRB
73
DELISTED
American National Group Series B
ANG.PRB
– –
-50,000
Closed -$1.21M
RILYM
74
DELISTED
B. Riley Financial, Inc. 6.375% Senior Notes due 2025
RILYM
– –
-50,000
Closed -$1.04M
TDW.WS.A
75
DELISTED
Tidewater Inc. Series A Warrants to purchase shares of common stock (expiring July 31, 2023)
TDW.WS.A
$0 ﹤0.01%
903
– –
1 2
3
4

Similar funds

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
EWM
Elite Wealth Management Kirkland, Washington $308M AUM 30.88% 1-Year Est. Return

IAT Reinsurance's Q3 2020 Portfolio in Review

As of Q3 2020, IAT Reinsurance held 100 positions worth $405M, up 11% from $365M the previous quarter. Its ten largest holdings account for 74% of the portfolio.

IAT Reinsurance deployed $47.5M of net new capital in Q3 2020, opening 15 new positions and adding to 4 existing holdings. Its largest new stake was Legg Mason, Inc. 5.45% Junior Subordinated Notes due 2056: 800,000 shares worth $20.4M.

By sector, the portfolio is most concentrated in Materials at 27% of assets, down from 37% a quarter earlier, followed by Financials and Real Estate.

On the sell side, the largest reduction was INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI), an estimated $546K trimmed.

  • IAT Reinsurance's largest Q3 2020 buy was Legg Mason, Inc. 5.45% Junior Subordinated Notes due 2056: 800,000 shares worth $20.4M.
  • IAT Reinsurance added most to Corning in Q3 2020, an estimated $4.64M increase.
  • IAT Reinsurance's biggest Q3 2020 reduction was INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI), cutting an estimated $546K.
  • IAT Reinsurance fully exited American National Group Series B in Q3 2020, selling an estimated $1.21M.
  • IAT Reinsurance's ten largest holdings make up 74% of its $405M portfolio in Q3 2020.
  • IAT Reinsurance opened 15 new positions and closed 11 in Q3 2020.
  • IAT Reinsurance's portfolio value rose 11% quarter-over-quarter to $405M.

Based on IAT Reinsurance's 13F filing for Q3 2020, filed 13 Nov 2020.