CIK: 0001633625 · Show all filings
Period: Q1 2025 (← Previous) (Next →)
Filing Date: May 7, 2025
Total Value ($000): $478,985 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| MERC | MERCER INTERNATIONAL INC SBI | 16,480,000 | $101,352 | 21.2% | $6.03 | +7.8% | Com | 588056101 |
| RJF | RAYMOND JAMES FNCL INC | 298,125 | $41,413 | 8.6% | $49.22 | +211.3% | Com | 754730109 |
| GS | GOLDMAN SACHS GROUP INC | 75,200 | $41,081 | 8.6% | $226.28 | +161.1% | Com | 38141G104 |
| NTPIF | NAM TAI PROPERTY INC | 5,774,800 | $33,090 | 6.9% | $6.56 | -10.2% | Com | G63907102 |
| — | NAM TAI G63907-10-2 PRIVATE | 5,336,452 | $30,578 | 6.4% | $5.50 | — | Com | G63907PP1 |
| AMGN | AMGEN INC | 92,500 | $28,818 | 6.0% | $122.75 | +134.0% | Com | 031162100 |
| SRL | SCULLY ROYALTY LTD | 3,416,664 | $27,695 | 5.8% | $9.79 | -19.4% | Com | G7T96K107 |
| SIGI | SELECTIVE INS GROUP INC | 200,000 | $18,308 | 3.8% | $21.49 | +299.0% | Com | 816300107 |
| GLW | CORNING INC | 367,350 | $16,817 | 3.5% | $33.25 | +46.0% | Com | 219350105 |
| MTN | VAIL RESORTS INC. | 84,000 | $13,442 | 2.8% | $130.62 | +27.2% | Com | 91879Q109 |
| — | ARGONAUT GROUP STATUTORY TR - CALL | 12,000 | $12,000 | 2.5% | $1000.00 | — | Pref | 8AMCSFQW9 |
| HLIO | HELIOS TECHNOLOGIES INC | 300,000 | $9,627 | 2.0% | $46.71 | -13.7% | Com | 42328H109 |
| XOM | EXXON MOBIL CORP | 79,600 | $9,467 | 2.0% | $44.77 | +139.5% | Com | 30231G102 |
| UBER | UBER TECHNOLOGIES, INC | 126,000 | $9,180 | 1.9% | $72.04 | 0.0% | Com | 90353T100 |
| EMR | EMERSON ELEC CO | 80,000 | $8,771 | 1.8% | $44.61 | +166.3% | Com | 291011104 |
| — | DELPHI FINANCIAL GROUP - CALLABLE | 328,790 | $7,973 | 1.7% | $19.89 | — | Pref | 247131303 |
| — | TENNESSEE VALLEY AUTHORITY | 260,000 | $6,123 | 1.3% | $20.67 | — | Pref | 880591409 |
| — | ZIEGLER COS INC THE | 48,972 | $4,065 | 0.8% | $83.00 | — | Com | 989506308 |
| AMD | ADVANCED MICRO DEVICES INC | 33,936 | $3,487 | 0.7% | $119.38 | -6.9% | Com | 007903107 |
| — | WINTRUST FINL CORP | 120,000 | $3,046 | 0.6% | $25.38 | — | Pref | 97650W504 |
| GE | GENERAL ELECTRIC CO | 15,125 | $3,027 | 0.6% | $62.95 | +210.9% | Com | 369604301 |
| — | F&G ANNUITIES & LIFE INC - CALLABL | 120,000 | $2,952 | 0.6% | $24.60 | — | Pref | 30190A609 |
| — | TENNESSEE VALLEY AUTHORITY PARRS | 120,000 | $2,862 | 0.6% | $21.98 | — | Pref | 880591300 |
| — | EAGLE POINT CREDIT CO-CALLABLE | 120,000 | $2,760 | 0.6% | $23.97 | — | Pref | 269809885 |
| CVX | CHEVRON CORPORATION | 16,000 | $2,677 | 0.6% | $104.13 | +44.5% | Com | 166764100 |
| — | OXFORD LANE CAP CORP | 100,000 | $2,463 | 0.5% | $24.63 | — | Pref | 691543854 |
| — | OXFORD LANE CAP CORP | 80,000 | $2,038 | 0.4% | $25.00 | — | Pref | 691543862 |
| AHL 7 PERP | ASPEN INSURANCE HOLDINGS-CALL | 80,000 | $2,018 | 0.4% | $25.39 | — | Pref | G05384170 |
| TRTN 7.625 PERP | TRITON INTL LTD-CALLABLE | 80,000 | $2,012 | 0.4% | $25.15 | — | Pref | G9078F164 |
| — | COREBRIDGE FINL INC-CALLABLE | 80,000 | $1,965 | 0.4% | $25.40 | — | Pref | 21871X208 |
| MCD | MCDONALDS CORP | 6,250 | $1,952 | 0.4% | $70.55 | +315.2% | Com | 580135101 |
| — | AFFILIATED MANAGERS GROUP INC-CALL | 80,000 | $1,920 | 0.4% | $12.77 | — | Pref | 008252827 |
| JCI | JOHNSON CTLS INTL PLC | 23,874 | $1,913 | 0.4% | $33.21 | +145.7% | Com | G51502105 |
| TEL | TE CONNECTIVITY COM | 12,500 | $1,767 | 0.4% | $146.90 | -0.3% | Com | G87052109 |
| — | AXIS CAPITAL HOLDINGS-CALLABLE | 70,000 | $1,429 | 0.3% | $25.35 | — | Pref | 05461T305 |
| — | B RILEY FINANCIAL INC - CALLABLE | 140,000 | $1,221 | 0.3% | $25.11 | — | Pref | 05580M819 |
| GEV | GE VERNOVA INC | 3,780 | $1,154 | 0.2% | $158.10 | +120.2% | Com | 36828A101 |
| — | US BANCORP -CALLABLE | 60,000 | $1,148 | 0.2% | $18.33 | — | Pref | 902973668 |
| PRE 4.875 PERP J | PARTNERRE LTD - CALLABLE | 60,000 | $1,030 | 0.2% | $17.17 | — | Pref | G68603169 |
| — | BANK OZK | 60,000 | $977 | 0.2% | $25.22 | — | Pref | 06417N202 |
| PG | PROCTER & GAMBLE CO | 5,700 | $971 | 0.2% | $70.43 | +132.8% | Com | 742718109 |
| PHIG | PHI GROUP INC | 39,712 | $957 | 0.2% | $1.01 | +1912.6% | Com | 69360B104 |
| SPB | SPECTRUM BRANDS HOLDINGS INC | 12,799 | $916 | 0.2% | $56.67 | +38.4% | Com | 84790A105 |
| XXCHNXX | CHINA FUND INC | 68,399 | $878 | 0.2% | $18.23 | — | Com | 169373107 |
| — | PROSPECT CAP CORP | 50,000 | $817 | 0.2% | $23.36 | — | Pref | 74348T565 |
| BRK/A | BERKSHIRE HATHAWAY INC DEL CL A | 1 | $798 | 0.2% | $219080.23 | +232.9% | Com | 084670108 |
| — | CUSTOMERS BANCORP INC | 40,000 | $787 | 0.2% | $25.30 | — | Pref | 23204G803 |
| — | ARGO GROUP INTL HLDGS INC - CALLAB | 30,000 | $750 | 0.2% | $25.00 | — | Pref | 040128407 |
| — | HUDSON PACIFIC PROPERTIES INC-CALL | 55,000 | $735 | 0.2% | $25.98 | — | Pref | 444097307 |
| — | UMB FINL CORP | 22,500 | $562 | 0.1% | $24.98 | — | Pref | 902788207 |
| NNN | NATIONAL RETAIL PPTYS INC | 13,000 | $554 | 0.1% | $39.38 | — | Com | 637417106 |
| BP | BP P.L.C. SPONSORED ADR - CMN | 15,000 | $507 | 0.1% | $38.13 | — | Com | 055622104 |
| — | ATLANTICUS HOLDINS CORP - CALL | 20,000 | $489 | 0.1% | $25.56 | — | Pref | 04914Y300 |
| — | BROOKFIELD BRP HLDGS INC-CALLABLE | 20,000 | $482 | 0.1% | $25.01 | — | Pref | 11259P307 |
| — | READY CAPITAL CORP | 20,000 | $478 | 0.1% | $25.11 | — | Pref | 75574U838 |
| — | SCE TR VIII-CALLABLE | 20,000 | $451 | 0.1% | $25.84 | — | Pref | 80620A208 |
| ABBV | ABBVIE INC | 1,948 | $408 | 0.1% | $70.50 | +168.6% | Com | 00287Y109 |
| GEHC | GE HEALTHCARE TECHNOLOGIES INC | 5,040 | $407 | 0.1% | $71.08 | +20.7% | Com | 36266G107 |
| IBM | INTL BUSINESS MACHINES CORP | 1,500 | $373 | 0.1% | $99.06 | +141.7% | Com | 459200101 |
| — | SLM CORP PFD SERIES B | 4,500 | $338 | 0.1% | $52.67 | — | Pref | 78442P502 |
| — | OFFICE PPTYS INCOME TR | 40,000 | $308 | 0.1% | $25.05 | — | Pref | 67623C208 |
| PRHI | CONIFER HOLDINGS INC | 250,000 | $128 | 0.0% | $2.99 | -68.7% | Com | 20731J102 |
| — | LADENBURG THALMAN FIN SVCS INC | 5,000 | $102 | 0.0% | $24.64 | — | Pref | 50575Q300 |
| EMBC | EMBECTA CORP | 4,000 | $51 | 0.0% | $11.28 | +35.6% | Com | 29082K105 |
| OGN | ORGANON CO | 3,000 | $45 | 0.0% | $18.66 | -19.0% | Com | 68622V106 |
| DNOW | NOW INC DE | 1,100 | $19 | 0.0% | $17.42 | -13.1% | Com | 67011P100 |
| CBL | CBL & ASSOC PPTYS INC | 658 | $17 | 0.0% | $31.91 | — | Com | 124830878 |
| ADNT | ADIENT LTD | 1,193 | $15 | 0.0% | $50.50 | -68.2% | Com | G0084W101 |
| KD | KYNDRYL HLDGS INC | 300 | $9 | 0.0% | $21.59 | +73.6% | Com | 50155Q100 |
| CRSXQ | CORSA COAL CORP | 2,226,000 | $8 | 0.0% | $0.90 | -83.1% | Com | 22041E609 |
| KALU | KAISER ALUM CORP DEPOSITARY S CMN | 70 | $4 | 0.0% | $51.13 | +31.8% | Com | 483007704 |
| — | SVB FINL TR | 240,000 | $2 | 0.0% | $0.01 | — | Pref | 78500B403 |
| BLIAQ | BB LIQUIDATING INC - CLASS A | 54,211 | $1 | 0.0% | $0.00 | +19.3% | Com | 05532D107 |
| — | WELLS FARGO & COMPANY PFT SERIES J | 387 | $0 | 0.0% | — | — | Pref | 949746887 |
| BLIBQ | BB LIQUIDATING INC - CLASS B | 54,211 | $0 | 0.0% | $0.00 | +1979.2% | Com | 05532D206 |
| — | ROOMSTORE INC - CMN | 43,661 | $0 | 0.0% | $0.00 | — | Com | 77638R108 |