Delphi Financial Group, Inc. Diversified Active

CIK: 0000859139 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $177,813 (98.1% shares, 1.9% debt)

Holdings (23)

JAAA JANUS HENDERSON AAA CLO ETF 24.2%

Value ($000) $42,995 Shares 846,695 Est. Cost $50.53 Unrealized —

ET ENERGY TRANSFER LP 13.7%

Value ($000) $24,401 Shares 1,421,945 Est. Cost $13.52 Unrealized —

FXI ISHARES CHINA LARGE-CAP ETF 8.2%

Value ($000) $14,668 Shares 356,550 Est. Cost $35.85 Unrealized —

ASHR XTRACKERS HARVEST CSI 300 CHI 8.2%

Value ($000) $14,599 Shares 443,060 Est. Cost $28.78 Unrealized —

Value ($000) $13,358 Shares 47,830 Est. Cost $104.00 Unrealized —

CZR CAESARS ENTERTAINMENT INC 5.9%

Value ($000) $10,528 Shares 389,580 Est. Cost $27.09 Unrealized 0.0%

EFC ELLINGTON FINANCIAL INC 5.3%

Value ($000) $9,368 Shares 721,757 Est. Cost $12.59 Unrealized —

LNG CHENIERE ENERGY INC 3.3%

Value ($000) $5,926 Shares 25,220 Est. Cost $161.33 Unrealized +45.7%

MSFT MICROSOFT CORP 3.1%

Value ($000) $5,594 Shares 10,800 Est. Cost $206.04 Unrealized +146.9%

AMZN AMAZON.COM INC 3.0%

Value ($000) $5,270 Shares 24,000 Est. Cost $126.86 Unrealized +78.4%

KTOS KRATOS DEFENSE & SECURITY SOL 2.3%

Value ($000) $4,023 Shares 44,030 Est. Cost $64.04 Unrealized 0.0%

VTI VANGUARD TOTAL STOCK MARKET E 2.2%

Value ($000) $3,998 Shares 12,182 Est. Cost $328.17 Unrealized —

KRMN KARMAN HOLDINGS INC 2.2%

Value ($000) $3,945 Shares 54,645 Est. Cost $54.85 Unrealized 0.0%

EXE EXPAND ENERGY CORP 2.2%

Value ($000) $3,901 Shares 36,720 Est. Cost $76.01 Unrealized +30.4%

AVAV AEROVIRONMENT INC 2.1%

Value ($000) $3,805 Shares 12,085 Est. Cost $258.71 Unrealized 0.0%

EARN ELLINGTON CREDIT CO 1.9%

Value ($000) $3,317 Shares 608,700 Est. Cost $5.65 Unrealized —

— BLACKSTONE MORTGAGE TR 1.1%

Value ($000) $1,972 Shares 2,000,000 Est. Cost $0.80 Unrealized —

— TWO HARBORS INV CORP 0.8%

Value ($000) $1,490 Shares 1,509,000 Est. Cost $0.95 Unrealized —

MFA MFA FINL INC 0.7%

Value ($000) $1,323 Shares 144,000 Est. Cost $10.42 Unrealized —

JBBB JANUS DETROIT STR TR 0.7%

Value ($000) $1,204 Shares 25,000 Est. Cost $48.17 Unrealized —

ACRE ARES COML REAL ESTATE CORP 0.5%

Value ($000) $969 Shares 214,937 Est. Cost $4.63 Unrealized —

CCC CCC INTELLIGENT SOLUTIONS HL 0.4%

Value ($000) $697 Shares 76,529 Est. Cost $11.28 Unrealized -14.2%

TSLX SIXTH STREET SPECIALTY LENDI 0.3%

Value ($000) $458 Shares 20,041 Est. Cost $16.94 Unrealized +42.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JAAA	JANUS HENDERSON AAA CLO ETF	846,695	$42,995	24.2%	$50.53	—	HENDRSON AAA CL	47103U845
ET	ENERGY TRANSFER LP	1,421,945	$24,401	13.7%	$13.52	—	COM UT LTD PTN	29273V100
FXI	ISHARES CHINA LARGE-CAP ETF	356,550	$14,668	8.2%	$35.85	—	CHINA LG-CAP ETF	464287184
ASHR	XTRACKERS HARVEST CSI 300 CHI	443,060	$14,599	8.2%	$28.78	—	XTRACK HRVST CSI	233051879
TSM	TSMC	47,830	$13,358	7.5%	$104.00	—	SPONSORED ADS	874039100
CZR	CAESARS ENTERTAINMENT INC	389,580	$10,528	5.9%	$27.09	0.0%	COM	12769G100
EFC	ELLINGTON FINANCIAL INC	721,757	$9,368	5.3%	$12.59	—	COM	28852N109
LNG	CHENIERE ENERGY INC	25,220	$5,926	3.3%	$161.33	+45.7%	COM NEW	16411R208
MSFT	MICROSOFT CORP	10,800	$5,594	3.1%	$206.04	+146.9%	COM	594918104
AMZN	AMAZON.COM INC	24,000	$5,270	3.0%	$126.86	+78.4%	COM	023135106
KTOS	KRATOS DEFENSE & SECURITY SOL	44,030	$4,023	2.3%	$64.04	0.0%	COM NEW	50077B207
VTI	VANGUARD TOTAL STOCK MARKET E	12,182	$3,998	2.2%	$328.17	—	TOTAL STK MKT	922908769
KRMN	KARMAN HOLDINGS INC	54,645	$3,945	2.2%	$54.85	0.0%	COMMON STOCK	485924104
EXE	EXPAND ENERGY CORP	36,720	$3,901	2.2%	$76.01	+30.4%	COM	165167735
AVAV	AEROVIRONMENT INC	12,085	$3,805	2.1%	$258.71	0.0%	COM	008073108
EARN	ELLINGTON CREDIT CO	608,700	$3,317	1.9%	$5.65	—	COM SHS BEN INT	288578107
—	BLACKSTONE MORTGAGE TR	2,000,000	$1,972	1.1%	$0.80	—	NOTE 5.500% 3/1	09257WAE0
—	TWO HARBORS INV CORP	1,509,000	$1,490	0.8%	$0.95	—	NOTE 6.250% 1/1	90187BAB7
MFA	MFA FINL INC	144,000	$1,323	0.7%	$10.42	—	COM	55272X607
JBBB	JANUS DETROIT STR TR	25,000	$1,204	0.7%	$48.17	—	B-BBB CLO ETF	47103U753
ACRE	ARES COML REAL ESTATE CORP	214,937	$969	0.5%	$4.63	—	COM	04013V108
CCC	CCC INTELLIGENT SOLUTIONS HL	76,529	$697	0.4%	$11.28	-14.2%	COM	12510Q100
TSLX	SIXTH STREET SPECIALTY LENDI	20,041	$458	0.3%	$16.94	+42.0%	COM	83012A109