Spectrum Asset Management, Inc. Concentrated Active

CIK: 0001318293 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 11, 2017

Total Value ($000): $1,080,272 (100.0% shares, 0.0% debt)

Holdings (22)

— LLOYDS BANKING GROUP PLC 17.3%

Value ($000) $186,869 Shares 176,692,000 Est. Cost $0.98 Unrealized —

— HSBC HLDGS PLC 16.8%

Value ($000) $181,215 Shares 170,155,000 Est. Cost $1.01 Unrealized —

— BARCLAYS PLC 14.3%

Value ($000) $154,856 Shares 147,369,000 Est. Cost $0.98 Unrealized —

— ROYAL BK OF SCOTLAND PLC 13.2%

Value ($000) $142,888 Shares 144,880,000 Est. Cost $0.92 Unrealized —

— WELLS FARGO & CO NEW 9.4%

Value ($000) $101,725 Shares 82,101 Est. Cost $1179.41 Unrealized —

— ING GROEP N V 5.0%

Value ($000) $54,146 Shares 54,500,000 Est. Cost $0.96 Unrealized —

— BARCLAYS PLC 4.9%

Value ($000) $53,047 Shares 53,191,000 Est. Cost $0.89 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 3.4%

Value ($000) $36,621 Shares 1,461,281 Est. Cost $21.62 Unrealized —

— ROYAL BK OF SCOTLAND PLC 3.2%

Value ($000) $34,324 Shares 34,500,000 Est. Cost $0.93 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 2.7%

Value ($000) $29,190 Shares 28,000,000 Est. Cost $0.99 Unrealized —

— HSBC HLDGS PLC 2.5%

Value ($000) $26,675 Shares 1,029,908 Est. Cost $24.92 Unrealized —

STANLN V7.75 PERP REGS STANDARD CHARTERED PLC 1.4%

Value ($000) $15,450 Shares 15,000,000 Est. Cost $1.03 Unrealized —

ANZ 4.4 05/19/26 REGS AUSTRALIA & NEW ZEALA BKG 14 1.4%

Value ($000) $15,389 Shares 15,000,000 Est. Cost $1.06 Unrealized —

— BLACKROCK CR ALLCTN INC TR 1.2%

Value ($000) $12,720 Shares 966,571 Est. Cost $12.98 Unrealized —

— HANCOCK JOHN PFD INCOME FD I 1.1%

Value ($000) $11,920 Shares 646,421 Est. Cost $18.21 Unrealized —

STANLN V6.5 PERP REGS STANDARD CHARTERED PLC 0.9%

Value ($000) $9,826 Shares 10,000,000 Est. Cost $0.92 Unrealized —

STANLN V7.5 PERP REGS STANDARD CHARTERED PLC 0.8%

Value ($000) $8,264 Shares 8,000,000 Est. Cost $1.03 Unrealized —

— BARCLAYS BANK PLC 0.2%

Value ($000) $1,964 Shares 75,944 Est. Cost $25.34 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 0.1%

Value ($000) $1,195 Shares 47,130 Est. Cost $25.16 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 0.1%

Value ($000) $981 Shares 38,115 Est. Cost $26.94 Unrealized —

— NATIONAL WESTMINSTER BK PLC 0.1%

Value ($000) $581 Shares 22,316 Est. Cost $25.50 Unrealized —

PFF ISHARES TR 0.0%

Value ($000) $426 Shares 11,017 Est. Cost $37.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	LLOYDS BANKING GROUP PLC	176,692,000	$186,869	17.3%	$0.98	—	SDCV 7.500%12/3	539439AG4
—	HSBC HLDGS PLC	170,155,000	$181,215	16.8%	$1.01	—	NOTE 6.875%12/3	404280BC2
—	BARCLAYS PLC	147,369,000	$154,856	14.3%	$0.98	—	NOTE 8.250%12/3	06738EAA3
—	ROYAL BK OF SCOTLAND PLC	144,880,000	$142,888	13.2%	$0.92	—	DEBT 7.500%12/3	780099CJ4
—	WELLS FARGO & CO NEW	82,101	$101,725	9.4%	$1179.41	—	PERP PFD CNV A	949746804
—	ING GROEP N V	54,500,000	$54,146	5.0%	$0.96	—	DBCV 6.500%12/3	456837AF0
—	BARCLAYS PLC	53,191,000	$53,047	4.9%	$0.89	—	NOTE 6.625%12/3	06738EAB1
—	ROYAL BK SCOTLAND GROUP PLC	1,461,281	$36,621	3.4%	$21.62	—	SP ADR L RP PF	780097788
—	ROYAL BK OF SCOTLAND PLC	34,500,000	$34,324	3.2%	$0.93	—	NOTE 8.000%12/3	780099CK1
—	ROYAL BK SCOTLAND GROUP PLC	28,000,000	$29,190	2.7%	$0.99	—	NOTE 8.625%12/3	780097BB6
—	HSBC HLDGS PLC	1,029,908	$26,675	2.5%	$24.92	—	ADR A 1/40PF A	404280604
STANLN V7.75 PERP REGS	STANDARD CHARTERED PLC	15,000,000	$15,450	1.4%	$1.03	—	DEBT 7.750%12/3	G84228CX4
ANZ 4.4 05/19/26 REGS	AUSTRALIA & NEW ZEALA BKG 14	15,000,000	$15,389	1.4%	$1.06	—	DEBT 4.400% 5/1	Q0426RND6
—	BLACKROCK CR ALLCTN INC TR	966,571	$12,720	1.2%	$12.98	—	COM	092508100
—	HANCOCK JOHN PFD INCOME FD I	646,421	$11,920	1.1%	$18.21	—	COM	41021P103
STANLN V6.5 PERP REGS	STANDARD CHARTERED PLC	10,000,000	$9,826	0.9%	$0.92	—	DEBT 6.500%12/3	G84228CE6
STANLN V7.5 PERP REGS	STANDARD CHARTERED PLC	8,000,000	$8,264	0.8%	$1.03	—	DEBT 7.500%12/3	G84228CQ9
—	BARCLAYS BANK PLC	75,944	$1,964	0.2%	$25.34	—	ADR PFD SR 5	06739H362
—	ROYAL BK SCOTLAND GROUP PLC	47,130	$1,195	0.1%	$25.16	—	SP ADR PREF S	780097739
—	ROYAL BK SCOTLAND GROUP PLC	38,115	$981	0.1%	$26.94	—	SPON ADR SER H	780097879
—	NATIONAL WESTMINSTER BK PLC	22,316	$581	0.1%	$25.50	—	SPON ADR C	638539882
PFF	ISHARES TR	11,017	$426	0.0%	$37.21	—	U.S. PFD STK ETF	464288687