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
MERC icon
1
Mercer International
MERC
$43.5M
$109M 26.85%
16,480,000
– –
NTP
2
DELISTED
Nam Tai Property Inc.
NTP
$54.1M 13.34%
5,774,800
– –
AMGN icon
3
Amgen
AMGN
$199B
$23.5M 5.8%
92,500
– –
GS icon
4
Goldman Sachs
GS
$318B
$22.4M 5.53%
111,500
– –
LMHB
5
DELISTED
Legg Mason, Inc. 5.45% Junior Subordinated Notes due 2056
LMHB
$20.4M 5.04%
+800,000
New +$20.3M
MTN icon
6
Vail Resorts
MTN
$5.3B
$18M 4.44%
84,000
– –
RJF icon
7
Raymond James Financial
RJF
$33B
$14.5M 3.57%
298,125
– –
SRL icon
8
Scully Royalty
SRL
$80.7M
$13.4M 3.31%
2,732,477
– –
GLW icon
9
Corning
GLW
$137B
$11.9M 2.94%
367,350
+150,000
+69% +$4.64M
HLIO icon
10
Helios Technologies
HLIO
$2.73B
$10.9M 2.7%
300,000
– –
SIGI icon
11
Selective Insurance
SIGI
$5.77B
$10.3M 2.54%
200,000
– –
JEF icon
12
Jefferies Financial Group
JEF
$12.8B
$6.5M 1.6%
377,472
– –
EMR icon
13
Emerson Electric
EMR
$77.5B
$5.84M 1.44%
89,000
– –
PFSW
14
DELISTED
PFSweb, Inc.
PFSW
$5.02M 1.24%
750,000
– –
BA icon
15
Boeing
BA
$170B
$4.53M 1.12%
27,400
– –
XLNX
16
DELISTED
Xilinx Inc
XLNX
$4.17M 1.03%
40,000
– –
WFC.PRZ icon
17
Wells Fargo & Co Series Z Preferred Stock
WFC.PRZ
$1.49B
$3.02M 0.75%
120,000
+80,000
+200% +$1.96M
DIS icon
18
Walt Disney
DIS
$168B
$2.86M 0.71%
+23,027
New +$2.88M
XOM icon
19
ExxonMobil
XOM
$610B
$2.73M 0.67%
79,600
– –
WTFCP
20
DELISTED
Wintrust Financial Corporation Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E
WTFCP
$2.65M 0.65%
100,000
+20,000
+25% +$526K
HBANO
21
DELISTED
Huntington Bancshares Incorporated Depositary Shares
HBANO
$2.02M 0.5%
+80,000
New +$2.05M
SOJE
22
Southern Company Series 2020C 4.20% Junior Subordinated Notes due Oct 15 2060
SOJE
$500M
$2M 0.49%
+80,000
New +$1.99M
BX icon
23
Blackstone
BX
$154B
$1.98M 0.49%
+38,000
New +$2.03M
CHN
24
DELISTED
China Fund
CHN
$1.72M 0.43%
68,399
– –
DFP
25
DELISTED
DELPHI FINL GROUP, INC 7.376% FXD TO FLTNG RT JR SUB
DFP
$1.45M 0.36%
77,797
– –
1
2 3 4

Similar funds

CCM
Consolidated Capital Management Burbank, California $310M AUM 24.79% 1-Year Est. Return
SPIO
Seven Post Investment Office San Francisco, California $310M AUM 7.87% 1-Year Est. Return
HP
HealthInvest Partners Stockholm, Sweden $310M AUM 37.86% 1-Year Est. Return
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

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.