IR

IAT Reinsurance Portfolio holdings

AUM $445M
This Quarter Return
-3.08%
1 Year Return
-2.45%
3 Year Return
+1.09%
5 Year Return
+97.4%
10 Year Return
+147.3%
AUM
$474M
AUM Growth
+$474M
Cap. Flow
-$52.4M
Cap. Flow %
-11.05%
Top 10 Hldgs %
75.43%
Holding
87
New
7
Increased
–
Reduced
5
Closed
16

Top Buys

1
SCE.PRN
SCE Trust VIII 6.95% Trust Preference Securities
SCE.PRN
$2.07M
2
OXLCI
Oxford Lane Capital Corp. 8.75% Notes due 2030
OXLCI
$2M
3
TRINZ icon
Trinity Capital 7.875% Notes due 2029
TRINZ
$1.51M
4
GEV icon
GE Vernova
GEV
$648K
5
GECCI icon
Great Elm Capital Corp 8.50% Notes Due 2029
GECCI
$504K

Top Sells

1
GS icon
Goldman Sachs
GS
$16.4M
2
JEF icon
Jefferies Financial Group
JEF
$6.63M
3
AMD icon
Advanced Micro Devices
AMD
$5.68M
4
BA icon
Boeing
BA
$5.29M
5
BX icon
Blackstone
BX
$4.99M

Sector Composition

1 Materials 29.69%
2 Financials 25.14%
3 Healthcare 6.27%
4 Industrials 5.86%
5 Real Estate 5.08%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
MERC icon
1
Mercer International
MERC
$223M
$141M 29.69% 16,480,000 – –
RJF icon
2
Raymond James Financial
RJF
$33.8B
$36.9M 7.78% 298,125 – –
GS icon
3
Goldman Sachs
GS
$226B
$34M 7.18% 75,200 -36,300 -33% -$16.4M
AMGN icon
4
Amgen
AMGN
$155B
$28.9M 6.1% 92,500 – –
SRL icon
5
Scully Royalty
SRL
$78.3M
$24.3M 5.13% 3,416,664 – –
NTP
6
DELISTED
Nam Tai Property Inc.
NTP
$23.1M 4.87% 5,774,800 – –
SIGI icon
7
Selective Insurance
SIGI
$4.76B
$18.8M 3.96% 200,000 – –
MTN icon
8
Vail Resorts
MTN
$6.09B
$15.1M 3.19% 84,000 – –
HLIO icon
9
Helios Technologies
HLIO
$1.8B
$14.3M 3.02% 300,000 – –
GLW icon
10
Corning
GLW
$57.4B
$14.3M 3.01% 367,350 – –
XOM icon
11
Exxon Mobil
XOM
$487B
$9.16M 1.93% 79,600 – –
EMR icon
12
Emerson Electric
EMR
$74.3B
$8.81M 1.86% 80,000 – –
DFP
13
DELISTED
DELPHI FINL GROUP, INC 7.376% FXD TO FLTNG RT JR SUB
DFP
$7.89M 1.66% 328,790 – –
TVE
14
Tennessee Valley Authority Power Bonds 1999 Series A due May 1, 2029
TVE
$196M
$5.74M 1.21% 260,000 – –
AMD icon
15
Advanced Micro Devices
AMD
$264B
$5.5M 1.16% 33,936 -35,000 -51% -$5.68M
ECCV
16
Eagle Point Credit Company Inc. 5.375% Notes due 2029
ECCV
$87.5M
$2.71M 0.57% 120,000 – –
TVC
17
Tennessee Valley Authority Power Bonds 1998 Series D due June 1, 2028
TVC
$243M
$2.7M 0.57% 120,000 – –
MGRE
18
Affiliated Managers Group 6.750% Junior Subordinated Notes due 2064
MGRE
$445M
$2.56M 0.54% 100,000 -100,000 -50% -$2.56M
CVX icon
19
Chevron
CVX
$324B
$2.5M 0.53% 16,000 -16,000 -50% -$2.5M
GE icon
20
GE Aerospace
GE
$292B
$2.4M 0.51% 15,125 – –
RILYZ icon
21
B. Riley Financial 5.25% Senior Notes due 2028
RILYZ
$2.11M 0.45% 140,000 – –
SCE.PRN
22
SCE Trust VIII 6.95% Trust Preference Securities
SCE.PRN
$307M
$2.07M 0.44% +80,000 New +$2.07M
OXLCI
23
Oxford Lane Capital Corp. 8.75% Notes due 2030
OXLCI
$2M 0.42% +80,000 New +$2M
TEL icon
24
TE Connectivity
TEL
$61B
$1.88M 0.4% 12,500 – –
SCHW icon
25
Charles Schwab
SCHW
$174B
$1.84M 0.39% 25,000 – –
1
2 3