We are live on ! Find out more
MIG

Mariner Investment Group Portfolio holdings

AUM $346M
1-Year Est. Return 25.25%
This Fund
S&P 500
This Quarter Est. Return
+1.49%
1 Year Est. Return
+25.25%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$455M
AUM Growth
-$211M
Cap. Flow
-$471M
Cap. Flow %
-103.57%
Top 10 Hldgs %
41.56%
Holding
421
New
82
Increased
57
Reduced
56
Closed
210

Top Buys

Rank Stock Value
1
JQC icon
Nuveen Credit Strategies Income Fund
JQC
+$8.99M
2
VTA
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
+$7.09M
3
EP.PRC icon
El Paso Energy Capital Trust I
EP.PRC
+$6.74M
4
JRO
Nuveen Floating Rate Income Opportunty Fund
JRO
+$6.23M
5
VVR icon
Invesco Senior Income Trust
VVR
+$4.79M

Top Sells

Rank Stock Value
1
RIG icon
Transocean
RIG
+$104M
2
NOV icon
NOV
NOV
+$26.8M
3
GDX icon
VanEck Gold Miners ETF
GDX
+$21.6M
4
QQQ icon
Invesco QQQ Trust
QQQ
+$18.6M
5
GM.WS.A
GENERAL MOTORS COMPANY WARRANT (EXPIRES 07/10/2016)
GM.WS.A
+$18.3M

Sector Composition

Rank Sector Weight
1 Technology 4.21%
2 Healthcare 3.81%
3 Industrials 2.81%
4 Financials 1.39%
5 Consumer Staples 1.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPY icon
1
State Street SPDR S&P 500 ETF Trust
SPY
$778B
$47.7M 10.48%
255,110
-55,465
-18% -$10.2M
EP.PRC icon
2
El Paso Energy Capital Trust I
EP.PRC
$225M
$36.9M 8.11%
720,867
+127,999
+22% +$6.74M
RPT.PRD
3
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
$23.7M 5.2%
389,867
+16,060
+4% +$949K
INTC icon
4
Intel
INTC
$466B
$13.6M 2.98%
525,000
– –
VTA
5
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
$11.9M 2.62%
919,895
+548,506
+148% +$7.09M
BGB
6
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
$11.9M 2.61%
670,284
+224,493
+50% +$4.06M
LMT icon
7
Lockheed Martin
LMT
$134B
$11.6M 2.55%
71,000
-48,820
-41% -$7.67M
PCI
8
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
$11.4M 2.51%
504,826
+92,755
+23% +$2.1M
DSL
9
DoubleLine Income Solutions Fund
DSL
$1.21B
$10.4M 2.29%
491,667
+59,167
+14% +$1.25M
EPR.PRC icon
10
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$151M
$10.1M 2.22%
470,634
-12,300
-3% -$259K
BOI
11
DELISTED
Brookfield Mtge Opportunity Fd
BOI
$9.25M 2.03%
550,066
+117,785
+27% +$1.99M
JQC icon
12
Nuveen Credit Strategies Income Fund
JQC
$702M
$8.95M 1.97%
+940,927
New +$8.99M
FPF
13
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.08B
$8.38M 1.84%
378,507
+43,624
+13% +$942K
JRO
14
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
$6.27M 1.38%
+513,937
New +$6.23M
DFP
15
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$423M
$5.96M 1.31%
274,237
-25,499
-9% -$544K
VVR icon
16
Invesco Senior Income Trust
VVR
$456M
$5.72M 1.26%
1,139,291
+949,291
+500% +$4.79M
BGX
17
Blackstone Long-Short Credit Income Fund
BGX
$135M
$5.71M 1.25%
324,163
+253,898
+361% +$4.56M
ARDC
18
Are Dynamic Credit Allocation Fund
ARDC
$297M
$5.62M 1.24%
310,394
+93,597
+43% +$1.71M
BIT icon
19
BlackRock Multi-Sector Income Trust
BIT
$696M
$5.28M 1.16%
297,658
+15,276
+5% +$268K
NZF icon
20
Nuveen Municipal Credit Income Fund
NZF
$2.4B
$5.13M 1.13%
391,854
+1,500
+0.4% +$19.3K
UMC icon
21
United Microelectronic
UMC
$48.9B
$5.02M 1.1%
2,414,366
– –
ARMF
22
DELISTED
ARES MULTI-STRATEGY CR FD INC COM STK (MD)
ARMF
$4.88M 1.07%
221,696
+66,196
+43% +$1.44M
STEW
23
SRH Total Return Fund
STEW
$1.75B
$4.82M 1.06%
593,243
+277,250
+88% +$2.18M
ACG
24
DELISTED
AllianceBernstein Income Fund Inc
ACG
$4.57M 1%
+623,000
New +$4.6M
HPS
25
John Hancock Preferred Income Fund III
HPS
$458M
$4.53M 0.99%
261,265
+145,268
+125% +$2.42M
1
2 3 4 5

Similar funds

PC
Prairiewood Capital Fargo, North Dakota $346M AUM 14.13% 1-Year Est. Return
VW
Vance Wealth Santa Clarita, California $346M AUM 19.74% 1-Year Est. Return
PFMOSF
Philadelphia Financial Management of San Francisco San Francisco, California $346M AUM 30.02% 1-Year Est. Return
OPW
Osprey Private Wealth New York $345M AUM 16.61% 1-Year Est. Return
FFA
Fi3 Financial Advisors Indianapolis, Indiana $346M AUM 25.49% 1-Year Est. Return
WC
Winmill & Co Rochester, New York $347M AUM 37.48% 1-Year Est. Return
WRM
Weybosset Research & Management Province, Rhode Island $347M AUM 29.87% 1-Year Est. Return
AIM
Aikya Investment Management London, United Kingdom $345M AUM 10.59% 1-Year Est. Return

Mariner Investment Group's Q1 2014 Portfolio in Review

As of Q1 2014, Mariner Investment Group held 421 positions worth $455M, down 32% from $666M the previous quarter. Its ten largest holdings account for 42% of the portfolio.

Mariner Investment Group withdrew a net $471M in Q1 2014, closing 210 positions and reducing 56 holdings. Its most notable exit was NOV, an estimated $26.8M position sold in full.

By sector, the portfolio is most concentrated in Technology at 4.2% of assets, up from 3.1% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Mariner Investment Group opened a new position in Nuveen Credit Strategies Income Fund worth $8.95M.

  • Mariner Investment Group's largest Q1 2014 buy was Nuveen Credit Strategies Income Fund: 940,927 shares worth $8.95M.
  • Mariner Investment Group added most to INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND in Q1 2014, an estimated $7.09M increase.
  • Mariner Investment Group's biggest Q1 2014 reduction was Transocean, cutting an estimated $104M.
  • Mariner Investment Group fully exited NOV in Q1 2014, selling an estimated $26.8M.
  • Mariner Investment Group's ten largest holdings make up 42% of its $455M portfolio in Q1 2014.
  • Mariner Investment Group opened 82 new positions and closed 210 in Q1 2014.
  • Mariner Investment Group's portfolio value fell 32% quarter-over-quarter to $455M.

Based on Mariner Investment Group's 13F filing for Q1 2014, filed 14 May 2014.