DELPHI FINANCIAL GROUP, INC. Diversified Active

Location: Wilmington, DE

CIK: 0000859139 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 13, 2025

Total Value: $142M (97.6% shares, 2.4% debt)

Holdings (22)

JAAA JANUS HENDERSON AAA CLO ETF 30.3%

Value $42.97M Shares 846,695 Est. Cost $50.53 Unrealized —

ET ENERGY TRANSFER LP 18.2%

Value $25.78M Shares 1,421,945 Est. Cost $13.52 Unrealized —

Value $10.83M Shares 47,830 Est. Cost $104.00 Unrealized —

EFC ELLINGTON FINANCIAL INC 6.6%

Value $9.376M Shares 721,757 Est. Cost $12.59 Unrealized —

FXI ISHARES CHINA LARGE-CAP ETF 6.1%

Value $8.584M Shares 233,510 Est. Cost $33.06 Unrealized —

ASHR XTRACKERS HARVEST CSI 300 CHI 5.6%

Value $7.931M Shares 288,030 Est. Cost $26.53 Unrealized —

LNG CHENIERE ENERGY INC 4.3%

Value $6.142M Shares 25,220 Est. Cost $161.33 Unrealized +43.6%

MSFT MICROSOFT CORP 3.8%

Value $5.372M Shares 10,800 Est. Cost $206.04 Unrealized +109.9%

AMZN AMAZON.COM INC 3.7%

Value $5.265M Shares 24,000 Est. Cost $126.86 Unrealized +56.0%

EXE EXPAND ENERGY CORP 3.0%

Value $4.294M Shares 36,720 Est. Cost $76.01 Unrealized +43.5%

EARN ELLINGTON CREDIT CO 2.5%

Value $3.5M Shares 608,700 Est. Cost $5.65 Unrealized —

— OXFORD LANE CAP CORP 1.7%

Value $2.353M Shares 560,153 Est. Cost $5.07 Unrealized —

— BLACKSTONE MORTGAGE TR 1.4%

Value $1.943M Shares 2,000,000 Est. Cost $0.80 Unrealized —

— TWO HARBORS INV CORP 1.1%

Value $1.491M Shares 1,509,000 Est. Cost $0.95 Unrealized —

MFA MFA FINL INC 1.0%

Value $1.362M Shares 144,000 Est. Cost $10.42 Unrealized —

PFF ISHARES TR 0.9%

Value $1.273M Shares 41,499 Est. Cost $30.88 Unrealized —

ACRE ARES COML REAL ESTATE CORP 0.7%

Value $1.025M Shares 214,937 Est. Cost $4.63 Unrealized —

CCC CCC INTELLIGENT SOLUTIONS HL 0.5%

Value $720K Shares 76,529 Est. Cost $11.28 Unrealized -20.7%

AGNC AGNC INVT CORP 0.4%

Value $574K Shares 62,500 Est. Cost $9.19 Unrealized —

TSLX SIXTH STREET SPECIALTY LENDI 0.3%

Value $477K Shares 20,041 Est. Cost $16.94 Unrealized +29.6%

OPITQ OFFICE PROPERTIES INCOME TRUS 0.2%

Value $346K Shares 1,399,800 Est. Cost $0.25 Unrealized —

RNAC CARTESIAN THERAPEUTICS INC 0.2%

Value $229K Shares 22,028 Est. Cost $23.87 Unrealized -55.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JAAA	JANUS HENDERSON AAA CLO ETF	846,695	$42.97M	30.3%	$50.53	—	HENDRSON AAA CL	47103U845
ET	ENERGY TRANSFER LP	1,421,945	$25.78M	18.2%	$13.52	—	COM UT LTD PTN	29273V100
TSM	TSMC	47,830	$10.83M	7.6%	$104.00	—	SPONSORED ADS	874039100
EFC	ELLINGTON FINANCIAL INC	721,757	$9.376M	6.6%	$12.59	—	COM	28852N109
FXI	ISHARES CHINA LARGE-CAP ETF	233,510	$8.584M	6.1%	$33.06	—	CHINA LG-CAP ETF	464287184
ASHR	XTRACKERS HARVEST CSI 300 CHI	288,030	$7.931M	5.6%	$26.53	—	XTRACK HRVST CSI	233051879
LNG	CHENIERE ENERGY INC	25,220	$6.142M	4.3%	$161.33	+43.6%	COM NEW	16411R208
MSFT	MICROSOFT CORP	10,800	$5.372M	3.8%	$206.04	+109.9%	COM UNIT REP LTD	594918104
AMZN	AMAZON.COM INC	24,000	$5.265M	3.7%	$126.86	+56.0%	COM	023135106
EXE	EXPAND ENERGY CORP	36,720	$4.294M	3.0%	$76.01	+43.5%	COM	165167735
EARN	ELLINGTON CREDIT CO	608,700	$3.5M	2.5%	$5.65	—	COM SHS BEN INT	288578107
—	OXFORD LANE CAP CORP	560,153	$2.353M	1.7%	$5.07	—	COM	691543102
—	BLACKSTONE MORTGAGE TR	2,000,000	$1.943M	1.4%	$0.80	—	NOTE 5.500% 3/1	09257WAE0
—	TWO HARBORS INV CORP	1,509,000	$1.491M	1.1%	$0.95	—	NOTE 6.250% 1/1	90187BAB7
MFA	MFA FINL INC	144,000	$1.362M	1.0%	$10.42	—	COM	55272X607
PFF	ISHARES TR	41,499	$1.273M	0.9%	$30.88	—	PFD AND INCM SEC	464288687
ACRE	ARES COML REAL ESTATE CORP	214,937	$1.025M	0.7%	$4.63	—	COM	04013V108
CCC	CCC INTELLIGENT SOLUTIONS HL	76,529	$720K	0.5%	$11.28	-20.7%	COM	12510Q100
AGNC	AGNC INVT CORP	62,500	$574K	0.4%	$9.19	—	COM	00123Q104
TSLX	SIXTH STREET SPECIALTY LENDI	20,041	$477K	0.3%	$16.94	+29.6%	COM	83012A109
OPITQ	OFFICE PROPERTIES INCOME TRUS	1,399,800	$346K	0.2%	$0.25	—	COM SHS BEN INT	67623C109
RNAC	CARTESIAN THERAPEUTICS INC	22,028	$229K	0.2%	$23.87	-55.4%	COM NEW	816212302