IR

IAT Reinsurance Portfolio holdings

AUM $445M
1-Year Return 2.45%
This Quarter Return
+9.36%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$514M
AUM Growth
+$370M
Cap. Flow
+$363M
Cap. Flow %
70.64%
Top 10 Hldgs %
67.46%
Holding
122
New
11
Increased
38
Reduced
6
Closed
20

Top Buys

1
MERC icon
Mercer International
MERC
$134M
2
NTP
Nam Tai Property Inc.
NTP
$43.3M
3
SRL icon
Scully Royalty
SRL
$26.4M
4
BRK.A icon
Berkshire Hathaway Class A
BRK.A
$20.8M
5
GS icon
Goldman Sachs
GS
$17.7M

Top Sells

1
AVT icon
Avnet
AVT
$1.52M
2
WU icon
Western Union
WU
$1.25M
3
MOV icon
Movado Group
MOV
$1.02M
4
DFT.PRC
DuPont Fabros Technology, Inc.
DFT.PRC
$821K
5
ARES.PRA
Ares Management Corporation 7.00% Series A Preferred Stock
ARES.PRA
$780K

Sector Composition

1 Materials 27.16%
2 Financials 23.66%
3 Real Estate 10.58%
4 Industrials 6.38%
5 Technology 5.58%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
HLX icon
76
Helix Energy Solutions
HLX
$970M
$203K 0.04%
25,000
– –
PNR icon
77
Pentair
PNR
$18B
$193K 0.04%
4,466
– –
AGN
78
DELISTED
Allergan plc
AGN
$179K 0.03%
+778
New +$179K
TDW icon
79
Tidewater
TDW
$2.83B
$133K 0.03%
1,457
– –
MSI icon
80
Motorola Solutions
MSI
$79.7B
$109K 0.02%
1,427
– –
MNK
81
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
$109K 0.02%
1,562
– –
MRK icon
82
Merck
MRK
$210B
$93K 0.02%
1,558
– –
TFC icon
83
Truist Financial
TFC
$60.7B
$53K 0.01%
1,400
– –
GM icon
84
General Motors
GM
$55.4B
$39K 0.01%
+1,228
New +$39K
KCC.CL
85
DELISTED
8 20 Corts Certificates
KCC.CL
$25K ﹤0.01%
810
– –
DNOW icon
86
DNOW Inc
DNOW
$1.68B
$24K ﹤0.01%
1,100
-11,400
-91% -$249K
GM.WS.B
87
DELISTED
General Motors Company
GM.WS.B
$16K ﹤0.01%
1,145
+342
+43% +$4.78K
KALU icon
88
Kaiser Aluminum
KALU
$1.23B
$6K ﹤0.01%
70
– –
MOV icon
89
Movado Group
MOV
$427M
– –
-47,000
Closed -$1.02M
MS.PRI icon
90
MORGAN STANLEY Depositary Shares, each representing 1/1,000th of a share of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I
MS.PRI
$1.01M
– –
-20,000
Closed -$541K
RZB
91
Reinsurance Group of America, Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056
RZB
$397M
– –
-11,000
Closed -$299K
WU icon
92
Western Union
WU
$2.82B
– –
-65,000
Closed -$1.25M
NEE.PRK
93
DELISTED
NextEra Energy Capital Holdings, Inc. Series K Junior Subordinated Debentures due June 1, 2076
NEE.PRK
– –
-20,000
Closed -$514K
CTZ
94
DELISTED
Qwest Corporation
CTZ
– –
-20,000
Closed -$514K
HAXS
95
DELISTED
BPO MGMT SVCS INC PA COM STK (PA)
HAXS
– –
-2,384
Closed –
DFT.PRC
96
DELISTED
DuPont Fabros Technology, Inc.
DFT.PRC
– –
-30,000
Closed -$821K
C.PRK
97
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
– –
-20,000
Closed -$569K
ALLY.PRA
98
DELISTED
GMAC Capital Trust I 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2
ALLY.PRA
– –
-20,000
Closed -$496K
TCF.PRB.CL
99
DELISTED
TCF Financial Corporation
TCF.PRB.CL
– –
-20,000
Closed -$528K
BAC.PRY.CL
100
DELISTED
BANK OF AMERICA CORPORATION Depositary Shares representing a 1/1,000 th interest in a share of 6.500
BAC.PRY.CL
– –
-20,000
Closed -$542K
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