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MGAM

McGowan Group Asset Management Portfolio holdings

AUM $785M
1-Year Est. Return 15.71%
This Fund
S&P 500
This Quarter Est. Return
-2.57%
1 Year Est. Return
+15.71%
3 Year Est. Return
+51.88%
5 Year Est. Return
+54.33%
10 Year Est. Return
+77.22%
AUM
$588M
AUM Growth
-$48.6M
Cap. Flow
-$47.8M
Cap. Flow %
-8.14%
Top 10 Hldgs %
60.67%
Holding
117
New
8
Increased
44
Reduced
34
Closed
7

Top Buys

Rank Stock Value
1
IIPR icon
Innovative Industrial Properties
IIPR
+$8.75M
2
KMF
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
+$2.78M
3
LIT icon
Global X Lithium & Battery Tech ETF
LIT
+$634K
4
ICLN icon
iShares Global Clean Energy ETF
ICLN
+$388K
5
BE icon
Bloom Energy
BE
+$369K

Top Sells

Rank Stock Value
1
FAX
abrdn Asia-Pacific Income Fund
FAX
+$10.3M
2
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
+$8.74M
3
IEMG icon
iShares Core MSCI Emerging Markets ETF
IEMG
+$3.72M
4
EMQQ icon
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
+$3.64M
5
HYT icon
BlackRock Corporate High Yield Fund
HYT
+$2.41M

Sector Composition

Rank Sector Weight
1 Energy 7.57%
2 Financials 7.13%
3 Healthcare 5.48%
4 Utilities 2.65%
5 Real Estate 2.51%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MSOS icon
101
AdvisorShares Pure US Cannabis ETF
MSOS
$852M
– –
-5,009
Closed -$200K
T icon
102
AT&T
T
$161B
– –
-31,547
Closed -$686K
PCI
103
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
– –
-390,616
Closed -$8.74M
1 2 3 4
5

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GCM
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NCM
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SBCM
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SWIG
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McGowan Group Asset Management's Q3 2021 Portfolio in Review

As of Q3 2021, McGowan Group Asset Management held 117 positions worth $588M, down 7.6% from $637M the previous quarter. Its ten largest holdings account for 61% of the portfolio.

McGowan Group Asset Management withdrew a net $47.8M in Q3 2021, closing 7 positions and reducing 34 holdings. Its most notable exit was PIMCO Dynamic Credit and Mortgage Income Fund, an estimated $8.74M position sold in full.

By sector, the portfolio is most concentrated in Energy at 7.6% of assets, down from 7.7% a quarter earlier, followed by Financials and Healthcare.

Against the trend, McGowan Group Asset Management opened a new position in Global X Lithium & Battery Tech ETF worth $634K.

  • McGowan Group Asset Management's largest Q3 2021 buy was Global X Lithium & Battery Tech ETF: 7,738 shares worth $634K.
  • McGowan Group Asset Management added most to Innovative Industrial Properties in Q3 2021, an estimated $8.75M increase.
  • McGowan Group Asset Management's biggest Q3 2021 reduction was abrdn Asia-Pacific Income Fund, cutting an estimated $10.3M.
  • McGowan Group Asset Management fully exited PIMCO Dynamic Credit and Mortgage Income Fund in Q3 2021, selling an estimated $8.74M.
  • McGowan Group Asset Management's ten largest holdings make up 61% of its $588M portfolio in Q3 2021.
  • McGowan Group Asset Management opened 8 new positions and closed 7 in Q3 2021.
  • McGowan Group Asset Management's portfolio value fell 7.6% quarter-over-quarter to $588M.

Based on McGowan Group Asset Management's 13F filing for Q3 2021, filed 15 Nov 2021.