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
-2.6%
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
$518M
AUM Growth
+$28.9M
Cap. Flow
+$29.4M
Cap. Flow %
5.67%
Top 10 Hldgs %
70.82%
Holding
85
New
6
Increased
1
Reduced
3
Closed
2

Top Buys

Rank Stock Value
1
WFC.PRQ
Wells Fargo & Co.
WFC.PRQ
+$2.45M
2
SREA
Sempra 5.750% Junior Subordinated Notes due 2079
SREA
+$1.46M
3
NI.PRB
NiSource Inc. Depositary Shares representing 1/1,000th ownership interest in a share of 6.50% Series B Preferred Stock and 1/1,000th ownership interest in a share of Series B-1 Preferred Stock
NI.PRB
+$621K
4
CSWCZ
Capital Southwest 7.75% Notes due 2028
CSWCZ
+$505K
5
IEH
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
+$309K

Top Sells

Rank Stock Value
1
BA icon
Boeing
BA
+$3.12M
2
DCP.PRB
DCP Midstream, LP 7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
DCP.PRB
+$747K
3
DTW
DTE Energy Company 2017 Series E 5.25% Junior Subordinated Debentures due 2077
DTW
+$708K
4
DUKB
Duke Energy Corp 5.625% Junior Subordinated Debentures due 2078
DUKB
+$628K
5
SLMBP
SLM Corp Series B
SLMBP
+$144K

Sector Composition

Rank Sector Weight
1 Financials 25.87%
2 Materials 25.69%
3 Industrials 7.65%
4 Real Estate 6.34%
5 Consumer Discretionary 4.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BRK.A icon
51
Berkshire Hathaway Class A
BRK.A
$1.1T
$518K 0.1%
1
– –
HPP.PRC
52
Hudson Pacific Properties 4.750% Series C Preferred Stock
HPP.PRC
$243M
$513K 0.1%
55,000
– –
CSWCZ
53
DELISTED
Capital Southwest 7.75% Notes due 2028
CSWCZ
$503K 0.1%
+20,000
New +$505K
OPINL
54
DELISTED
Office Properties Income Trust 6.375% Senior Notes due 2050
OPINL
$498K 0.1%
40,000
– –
ATLCL icon
55
Atlanticus Holdings 6.125% Senior Notes due 2026
ATLCL
$148M
$460K 0.09%
20,000
– –
PRHI
56
Presurance Holdings
PRHI
$20.6M
$425K 0.08%
35,714
– –
GEHC icon
57
GE HealthCare
GEHC
$31.5B
$409K 0.08%
5,040
– –
ABBV icon
58
AbbVie
ABBV
$433B
$262K 0.05%
1,948
– –
SLMBP
59
SLM Corp Series B
SLMBP
$187M
$245K 0.05%
4,500
-2,500
-36% -$144K
IBM icon
60
IBM
IBM
$213B
$201K 0.04%
1,500
– –
LTSL
61
DELISTED
Ladenburg Thalmann Financial Services Inc. 6.50% Senior Notes due 2027
LTSL
$89.5K 0.02%
5,000
– –
WAB icon
62
Wabtec
WAB
$50.1B
$71K 0.01%
647
– –
ADNT icon
63
Adient
ADNT
$1.65B
$45.7K 0.01%
1,193
– –
CBL
64
CBL Properties
CBL
$1.81B
$14.5K ﹤0.01%
658
– –
DNOW icon
65
DNOW Inc
DNOW
$2.6B
$11.4K ﹤0.01%
1,100
– –
KALU icon
66
Kaiser Aluminum
KALU
$2.68B
$5.01K ﹤0.01%
70
– –
KD icon
67
Kyndryl
KD
$3.07B
$3.98K ﹤0.01%
300
– –
VST.WS.A
68
DELISTED
Vistra Corp.Warrants to purchase Common Stock (Expiring February 2, 2024)
VST.WS.A
$2.02K ﹤0.01%
33,717
– –
TDW.WS.A
69
DELISTED
Tidewater Inc. Series A Warrants to purchase shares of common stock (expiring July 31, 2023)
TDW.WS.A
$1.05K ﹤0.01%
903
– –
TDW.WS.B
70
DELISTED
Tidewater Inc. Series B Warrants to purchase shares of common stock (expiring July 31, 2023)
TDW.WS.B
$195 ﹤0.01%
976
– –
DUKB
71
Duke Energy Corp 5.625% Junior Subordinated Debentures due 2078
DUKB
$455M
– –
-25,000
Closed -$628K
DCP.PRB
72
DELISTED
DCP Midstream, LP 7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
DCP.PRB
– –
-30,000
Closed -$747K
1 2
3

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 Q2 2023 Portfolio in Review

As of Q2 2023, IAT Reinsurance held 85 positions worth $518M, up 5.9% from $489M the previous quarter. Its ten largest holdings account for 71% of the portfolio.

IAT Reinsurance deployed $29.4M of net new capital in Q2 2023, opening 6 new positions and adding to 1 existing holding. Its largest new stake was Wells Fargo & Co.: 100,000 shares worth $2.52M.

By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 26% a quarter earlier, followed by Materials and Industrials.

On the sell side, the largest reduction was Boeing, an estimated $3.12M trimmed.

  • IAT Reinsurance's largest Q2 2023 buy was Wells Fargo & Co.: 100,000 shares worth $2.52M.
  • IAT Reinsurance added most to INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI) in Q2 2023, an estimated $309K increase.
  • IAT Reinsurance's biggest Q2 2023 reduction was Boeing, cutting an estimated $3.12M.
  • IAT Reinsurance fully exited DCP Midstream, LP 7.875% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units in Q2 2023, selling an estimated $747K.
  • IAT Reinsurance's ten largest holdings make up 71% of its $518M portfolio in Q2 2023.
  • IAT Reinsurance opened 6 new positions and closed 2 in Q2 2023.
  • IAT Reinsurance's portfolio value rose 5.9% quarter-over-quarter to $518M.

Based on IAT Reinsurance's 13F filing for Q2 2023, filed 4 Aug 2023.