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
-5.72%
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
$647M
AUM Growth
-$69.5M
Cap. Flow
-$28.1M
Cap. Flow %
-4.35%
Top 10 Hldgs %
71.09%
Holding
130
New
17
Increased
7
Reduced
6
Closed
12

Top Buys

Rank Stock Value
1
CMSA
CMS Energy Corp 5.625% Junior Subordinated Notes due 2078
CMSA
+$2M
2
IEH
INTEGRYS ENERGY GROUP INC 6% JR SUB NT DUE 8-1-2073 (WI)
IEH
+$1.84M
3
SGZA.CL
Selective Insurance Group, Inc.
SGZA.CL
+$1.26M
4
WALA
Western Alliance Bancorporation
WALA
+$1.03M
5
APO.PRB
Apollo Global Management, Inc. 6.375 percent Series B Preferred Shares
APO.PRB
+$993K

Top Sells

Rank Stock Value
1
STX icon
Seagate
STX
+$19.9M
2
PG icon
Procter & Gamble
PG
+$16.2M
3
VR.PRA.CL
Validus Holdings, Ltd.
VR.PRA.CL
+$1.69M
4
NS.PRC
NuStar Energy L.P. 9.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
NS.PRC
+$1.56M
5
AXS.PRE icon
AXIS Capital Holdings Ltd Series E
AXS.PRE
+$1.48M

Sector Composition

Rank Sector Weight
1 Materials 31.72%
2 Financials 21.88%
3 Real Estate 11.19%
4 Industrials 7.45%
5 Consumer Discretionary 6.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KHC icon
76
Kraft Heinz
KHC
$30.7B
$661K 0.1%
10,608
– –
CTDD
77
DELISTED
Qwest Corp 6.75% Notes due 2057
CTDD
$658K 0.1%
30,000
– –
KO icon
78
Coca-Cola
KO
$377B
$651K 0.1%
15,000
– –
BP icon
79
BP
BP
$116B
$608K 0.09%
16,143
-244
-1% -$9.19K
CBL.PRD
80
DELISTED
CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
$597K 0.09%
35,000
– –
AFGE.CL
81
DELISTED
American Financial Group, Inc 6 % Subordinated Debentures due 2054 Called for Redemption
AFGE.CL
$517K 0.08%
+20,000
New +$517K
GBLIZ
82
DELISTED
Global Indemnity Limited 7.75% Subordinated Note Due 2045
GBLIZ
$516K 0.08%
20,000
– –
UZB
83
DELISTED
United States Cellular Corporation 7.25% Senior Notes due 2063
UZB
$514K 0.08%
20,000
– –
NNN icon
84
NNN REIT
NNN
$9.04B
$510K 0.08%
13,000
– –
PRH
85
DELISTED
PRUDENTIAL FINANCIAL, INC. 5.70% DUE 2053
PRH
$503K 0.08%
+20,000
New +$503K
THGA
86
DELISTED
THE HANOVER INSURANCE GROUP, INC. 6.35% Subordinated Debentures due 2053
THGA
$502K 0.08%
+20,000
New +$505K
AVT icon
87
Avnet
AVT
$7.29B
$501K 0.08%
12,000
– –
SFB
88
Stifel Financial Corp 5.20% Senior Notes due 2047
SFB
$493K 0.08%
20,000
– –
SOJC
89
Southern Company Series 2017B 5.25% Junior Subordinated Notes due Dec 1 2077
SOJC
$365M
$486K 0.08%
20,000
– –
ACGLP
90
DELISTED
Arch Capital Group Ltd. Depositary Shares Representing Interest in 5.25% Non-Cumulative Preferred Se
ACGLP
$483K 0.07%
20,000
– –
ADAMN
91
Adamas Trust 8.00% Series D Preferred Stock
ADAMN
$128M
$469K 0.07%
20,000
– –
HWCPL
92
DELISTED
Hancock Whitney Corporation 5.95% Subordinated Notes due 2045
HWCPL
$380K 0.06%
+15,000
New +$384K
ROX
93
DELISTED
Castle Brands, Inc.
ROX
$310K 0.05%
250,000
– –
ALL.PRF.CL
94
DELISTED
The Allstate Corporation Depositary Shares Series F Called for redemption
ALL.PRF.CL
$261K 0.04%
+10,000
New +$262K
ALL.PRE.CL
95
DELISTED
Allstate Corporation Depositary Shares
ALL.PRE.CL
$259K 0.04%
+10,000
New +$261K
SWJ.CL
96
DELISTED
STANLEY BLACK & DECKER, INC. 5.75% Junior Subordinated Debentures due 2052
SWJ.CL
$253K 0.04%
+10,000
New +$253K
PSB.PRU.CL
97
DELISTED
PS Business Parks, Inc. Depositary Shares Each Representing 1/1000 of a Share of 5.75% Cumulative Pr
PSB.PRU.CL
$247K 0.04%
10,000
– –
MRK icon
98
Merck
MRK
$322B
$81K 0.01%
1,558
– –
ADNT icon
99
Adient
ADNT
$1.65B
$71K 0.01%
1,193
– –
GM icon
100
General Motors
GM
$80.4B
$45K 0.01%
1,228
– –
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 Q1 2018 Portfolio in Review

As of Q1 2018, IAT Reinsurance held 130 positions worth $647M, down 9.7% from $716M the previous quarter. Its ten largest holdings account for 71% of the portfolio.

IAT Reinsurance withdrew a net $28.1M in Q1 2018, closing 12 positions and reducing 6 holdings. Its most notable exit was Validus Holdings, Ltd., an estimated $1.69M position sold in full.

By sector, the portfolio is most concentrated in Materials at 32% of assets, down from 33% a quarter earlier, followed by Financials and Real Estate.

Against the trend, IAT Reinsurance opened a new position in CMS Energy Corp 5.625% Junior Subordinated Notes due 2078 worth $2M.

  • IAT Reinsurance's largest Q1 2018 buy was CMS Energy Corp 5.625% Junior Subordinated Notes due 2078: 80,000 shares worth $2M.
  • IAT Reinsurance added most to Western Alliance Bancorporation in Q1 2018, an estimated $1.03M increase.
  • IAT Reinsurance's biggest Q1 2018 reduction was Seagate, cutting an estimated $19.9M.
  • IAT Reinsurance fully exited Validus Holdings, Ltd. in Q1 2018, selling an estimated $1.69M.
  • IAT Reinsurance's ten largest holdings make up 71% of its $647M portfolio in Q1 2018.
  • IAT Reinsurance opened 17 new positions and closed 12 in Q1 2018.
  • IAT Reinsurance's portfolio value fell 9.7% quarter-over-quarter to $647M.

Based on IAT Reinsurance's 13F filing for Q1 2018, filed 11 May 2018.